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Oct. 30, 2018, 6:43 a.m. EDT

Asian stock markets are mixed as U.S.-China trade uncertainty rears up again

Nikkei gains, as stocks in China, Hong Kong diverge

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By Dow Jones Newswires


Bloomberg News
A container ship sails from Yangshan Deep Water Port in Shanghai, China.

Chinese stock indexes traded mixed Tuesday, after Wall Street fell sharply amid a report Monday that the U.S. may impose more tariffs against Chinese goods.

However, U.S. stock futures were pointing higher in their early Tuesday dealings, after the Asian close, after President Donald Trump said the U.S. will “make a great deal with China,” in an interview with Fox .

Hong Kong stocks fell after Monday’s brief respite as talk of tariffs weighed on Chinese stocks listed in the city. The Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +0.61%   was down 0.9%. The U.S. is preparing to extend tariffs on all remaining Chinese imports by early December if talks between Donald Trump and Xi Jinping fail, according to a Bloomberg report on Monday, citing unnamed sources. BOC Hong Kong /zigman2/quotes/200479222/delayed HK:2388 +0.55%  fell nearly 7% to lead losers, following its disappointing third-quarter earnings.

China’s Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +0.81%  gained 1% after the previous day’s tumble, and the Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 +0.62%  reversed early losses to gain 0.9%. Liquor stocks continued to head south on weak results, with Kweichow Moutai /zigman2/quotes/208743311/delayed CN:600519 +1.95%   sliding 4.5%, dragging major consumer names along. But Ping An Insurance /zigman2/quotes/202773380/delayed CN:601318 -0.15%  , buoyed by its record share buyback plan, reversed an opening drop.

Japanese stocks were higher amid gains in financial shares following solid earnings results, which helped offset losses in energy stocks. The Nikkei /zigman2/quotes/210597971/delayed JP:NIK +0.14%   gained 1.4%. Banks led gains after the Treasury yield went higher overnight, with Mitsubishi UFJ Financial Group /zigman2/quotes/207520099/delayed JP:8306 -0.22%   up 2.2%. Equipment manufacturer Komatsu /zigman2/quotes/204002437/delayed JP:6301 -0.33%   gained 6.2% following a full-year guidance upgrade. Meanwhile, oil explorer Inpex /zigman2/quotes/206689846/delayed JP:1605 +2.92%   fell 3.2% after crude prices fell overnight.

South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +0.13%   edged up 0.9%, led by gains by chip making giants Samsung /zigman2/quotes/209800866/delayed KR:005930 -0.24%   and SK Hynix /zigman2/quotes/206420319/delayed KR:000660 0.00%   after Chinese chip company Fujian Jinhua Integrated Circuit Co. was slapped with export restrictions by the U.S.

Benchmarks in Australia /zigman2/quotes/210598100/delayed AU:XJO +0.07%   and New Zealand /zigman2/quotes/211587880/delayed NZ:NZ50GR +0.38%   were about flat, while Singapore’s Strait Times Index /zigman2/quotes/210597985/delayed SG:STI +0.53%   fell and Taiwan’s Taiex   rose slightly.

/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
28,969.71
+176.57 +0.61%
Volume: 2.19M
April 16, 2021 4:09p
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/zigman2/quotes/200479222/delayed
HK : Hong Kong
HK$ 27.30
+0.15 +0.55%
Volume: 6.83M
April 16, 2021 4:08p
P/E Ratio
10.90
Dividend Yield
4.55%
Market Cap
HK$287.05 billion
Rev. per Employee
HK$6.34M
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,426.62
+27.63 +0.81%
Volume: 25.86B
April 16, 2021 3:01p
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/zigman2/quotes/210598015/delayed
CN : Shenhzen Stock Exchange
2,220.22
+13.67 +0.62%
Volume: 35.06B
April 16, 2021 3:00p
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/zigman2/quotes/208743311/delayed
CN : China: Shanghai
¥ 2,054.98
+39.38 +1.95%
Volume: 3.03M
April 16, 2021 3:00p
P/E Ratio
55.28
Dividend Yield
0.94%
Market Cap
¥2531.99 billion
Rev. per Employee
¥2.90M
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/zigman2/quotes/202773380/delayed
CN : China: Shanghai
¥ 75.70
-0.11 -0.15%
Volume: 55.17M
April 16, 2021 3:00p
P/E Ratio
11.22
Dividend Yield
2.91%
Market Cap
¥1383.77 billion
Rev. per Employee
¥3.54M
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/zigman2/quotes/210597971/delayed
JP : Nikkei
29,683.37
+40.68 +0.14%
Volume: 0.00
April 16, 2021 3:15p
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/zigman2/quotes/207520099/delayed
JP : Japan: Tokyo
¥ 590.30
-1.30 -0.22%
Volume: 32.47M
April 16, 2021 3:00p
P/E Ratio
13.82
Dividend Yield
4.24%
Market Cap
¥7598.90 billion
Rev. per Employee
¥48.47M
loading...
/zigman2/quotes/204002437/delayed
JP : Japan: Tokyo
¥ 3,371.00
-11.00 -0.33%
Volume: 1.98M
April 16, 2021 3:00p
P/E Ratio
37.69
Dividend Yield
1.28%
Market Cap
¥3196.31 billion
Rev. per Employee
¥38.89M
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/zigman2/quotes/206689846/delayed
JP : Japan: Tokyo
¥ 776.00
+22.00 +2.92%
Volume: 11.43M
April 16, 2021 3:00p
P/E Ratio
N/A
Dividend Yield
3.48%
Market Cap
¥1100.99 billion
Rev. per Employee
¥243.77M
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/zigman2/quotes/210598069/delayed
KR : Korea Exchange
3,198.62
+4.29 +0.13%
Volume: 985,278
April 16, 2021 3:32p
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/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
83,900.00
-200.00 -0.24%
Volume: 15.43M
April 16, 2021 3:30p
P/E Ratio
21.84
Dividend Yield
1.69%
Market Cap
₩563775.28 billion
Rev. per Employee
₩2.16B
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/zigman2/quotes/206420319/delayed
KR : S. Korea: KRX
137,500
0.00 0.00%
Volume: 1.98M
April 16, 2021 3:30p
P/E Ratio
19.78
Dividend Yield
0.85%
Market Cap
₩94050.25 billion
Rev. per Employee
₩1.10B
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/zigman2/quotes/210598100/delayed
AU : S&P ASX
7,063.50
+4.90 +0.07%
Volume: 627,013
April 16, 2021 5:49p
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/zigman2/quotes/211587880/delayed
NZ : New Zealand: NZX
12,684.73
+48.18 +0.38%
Volume: 0.00
April 16, 2021 4:59p
loading...
/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
3,201.76
+16.99 +0.53%
Volume: 0.00
April 16, 2021 5:20p
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