Asia Markets

Japanese stocks climb for fifth session as Hong Kong stocks drop

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Asia-Pacific stocks mostly dropped Wednesday, May 17, the Japanese market showing a fifth day of increases.

Hong Kong's Hang Seng Index HK:HSI weakened 2.1% to 19,560.57, while the Nikkei 225 Index JP:NIK of Japanese companies gained 0.8% to 30,093.59.

China's Shanghai Composite Index CN:SHCOMP declined 0.2% to 3,284.23, and Singapore's FTSE Straits Times Index SG:STI weakened 1.3% to 3,173.84. The KOSPI Composite Index KR:180721 of South Korean stocks increased 0.6% to 2,494.66, while the S&P/ASX 200 Benchmark Index AU:XJO of Australian stocks declined 0.5% to 7,199.20.

Among the Hang Seng Index constituents, sanitary paper products company Hengan International HK:1044 saw the largest increase Wednesday, as shares gained 2.4%.

Shares of semiconductors firm Semiconductor Mfg Intl HK:981 and diversified holding companies company CK Infrastructure Hldgs HK:1038 declined 0.0% and 0.2%, respectively.

Shares of property managers company Country Garden Svcs HK:6098 saw the largest drop in Hong Kong, as shares dropped 7.7% on Wednesday.

Shares of building construction firm Longfor Group Holdings HK:960 and motor vehicle dealing company Zhongsheng Group Holdings HK:881 weakened 7.1% and 6.0%, respectively.

Among Nikkei 225 Index constituents, mobile telecommunications company SoftBank Group JP:9984 saw the largest increase Wednesday, as shares gained 4.8%.

Shares of semiconductors firm SCREEN Holdings JP:7735 and semiconductors company Advantest Corp JP:6857 gained 3.6% and 3.5%, respectively.

Also in Japan, pharmaceuticals company Sumitomo Pharma JP:4506 saw the largest decline Wednesday, as shares dropped 5.2%

Shares of industrial electrical equipment firm Yaskawa Electric JP:6506 and glass/glass products company Nippon Sheet Glass JP:5202 declined 4.2% and 3.9%, respectively.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.