Asia Markets

Japanese stocks decline for second day as Hang Seng declines

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Asia-Pacific stocks dropped Wednesday, May 24, as the Hong Kong and Japanese markets declined for the second session.

Hong Kong's Hang Seng Index HSI, -0.85% fell 1.6% to 19,115.93, while Japan's Nikkei 225 Index NIK, -0.34% declined 0.9% to 30,682.68.

China's Shanghai Composite Index SHCOMP, -0.71% weakened 1.3% to 3,204.75, and Singapore's FTSE Straits Times Index STI, +0.14% declined 0.1% to 3,214.21. The KOSPI Composite Index 180721, +0.75% of South Korean stocks was flat at 2,567.45, while Australia's S&P/ASX 200 Benchmark Index XJO, -0.03% declined 0.6% to 7,213.80.

Of the the Hang Seng Index constituents, building construction company Longfor Group Holdings 960, -4.59% saw the largest drop in Hong Kong, as shares declined 7.9% on Wednesday.

Shares of computers/consumer electronics firm Lenovo Group 992, -1.08% and marine transport company Orient Overseas Intl 316, -3.58% fell 7.7% and 6.6%, respectively.

Shares of renewable energy equipment company Xinyi Solar Holdings 968, -1.99% saw the largest increase in Hong Kong on Wednesday, as shares added 4.2%.

Shares of diversified holding companies firm CK Infrastructure Hldgs 1038, -1.62% and real estate services/transactions company CK Asset Holdings 1113, -0.46% gained 2.3% and 2.1%, respectively.

Among Nikkei 225 Index constituents, cosmetics/toiletries company Shiseido 4911, -1.12% saw the largest drop Wednesday, as shares dropped 5.6%

Shares of digital marketing firm CyberAgent 4751, -2.12% and amusement/theme parks company Oriental Land 4661, -1.58% weakened 4.7% and 4.4%, respectively.

Also in Japan, passenger cars company Toyota Motor 7203, +0.03% saw the largest increase Wednesday, as shares gained 5.4%.

Shares of multiutilities firm Kansai Electric Power 9503, and electric power generation company Tokyo Electric Power 9501, +0.21% gained 4.9% and 3.4%, 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.