Asia Markets

Japanese stocks rise for fourth session as Hong Kong stocks hold steady

Referenced Symbols

Asia-Pacific stocks mostly dropped Tuesday, May 16, with shares in Japan increasing for the fourth session and the Hong Kong market up for two consecutive days.

Hong Kong's Hang Seng Index HSI, -0.90% was flat at 19,978.25, while Japan's Nikkei 225 Index NIK, -0.32% rose 0.7% to 29,842.99.

China's Shanghai Composite Index SHCOMP, -0.71% weakened 0.6% to 3,290.99, and The FTSE Straits Times Index STI, +0.12% of Singapore stocks was flat at 3,214.04. The KOSPI Composite Index 180721, +0.77% of South Korean stocks was flat at 2,480.24, while Australia's S&P/ASX 200 Benchmark Index XJO, -0.06% declined 0.4% to 7,234.70.

Of the Nikkei 225 Index constituents, construction company Kajima 1812, -0.68% saw the largest increase Tuesday, as shares rose 6.0%.

Shares of semiconductors firm Advantest Corp 6857, +2.32% and life insurance company T&D Holdings 8795, -1.30% increased 5.5% and 5.1%, respectively.

Also in Japan, electronic office equipment company Konica Minolta 4902, -1.04% saw the largest decline Tuesday, as shares dropped 8.9%

Shares of marketing services firm Dentsu Group 4324, and pharmaceuticals company Sumitomo Pharma 4506, -0.59% declined 8.3% and 7.1%, respectively.

Among the Hang Seng Index constituents, renewable energy equipment company Xinyi Solar Holdings 968, -2.12% saw the largest increase Tuesday, as shares increased 5.3%.

Shares of etailing firm JD.com 9618, -0.78% and internet search engines company Baidu 9888, +0.08% added 4.0% and 2.8%, respectively.

Shares of real estate services/transactions company Country Garden Holdings 2007, -4.08% saw the largest decrease in Hong Kong, as shares dropped 5.0% on Tuesday.

Shares of marine transport firm Orient Overseas Intl 316, -3.92% and commercial/industrial real estate company Wharf Real Estate Invt 1997, -1.62% weakened 3.3% and 3.0%, 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.