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 HK:HSI fell 1.6% to 19,115.93, while Japan's Nikkei 225 Index JP:NIK declined 0.9% to 30,682.68.

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

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

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

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

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

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

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

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

Shares of multiutilities firm Kansai Electric Power JP:9503 and electric power generation company Tokyo Electric Power JP:9501 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.