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May 14, 2019, 11:45 p.m. EDT

Asian markets mostly rise, following Wall Street’s lead

Stocks in Hong Kong, Shanghai gain despite trade tensions

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By Marketwatch and Associated Press


Reuters
Nearby buildings are reflected on the exterior of the Exchange Square complex in Hong Kong’s financial district.

Asian markets were mostly higher in early trading Wednesday, following gains on Wall Street after stocks started the week down on fears of an escalating trade war between the U.S. and China.

President Donald Trump on Tuesday downplayed tensions, calling the situation a “little squabble” and stressing what a good relationship he has with China’s President Xi Jinping. But he also hinted at imposing 25% tariffs on another $325 billion of Chinese goods — essentially everything China exports to the U.S.

Read: China’s economic activity cools in April

Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK -0.18%   was last about flat. Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -0.74%   rose 0.7% while the Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +0.22%   advanced about 1%. South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +0.05%   advanced 0.6%, and Taiwan’s Taiex   jumped 0.8%, while benchmark indexes in Singapore /zigman2/quotes/210597985/delayed SG:STI -0.18%   and Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX +0.79%   were about flat. Australia’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO -1.63%   rose 0.5%.

Among individual stocks, Nissan Motor /zigman2/quotes/208298710/delayed JP:7201 -10.79%   plunged after posting its worst fiscal-year earnings in 11 years Tuesday, and warned of more losses to come. Elsewhere in Tokyo trading, Takeda Pharmaceutical /zigman2/quotes/201302442/delayed JP:4502 +0.67%   sank, as did Yahoo Japan /zigman2/quotes/207641152/delayed JP:4689 -2.00%  . In Hong Kong, food processor WH Group /zigman2/quotes/204247792/delayed HK:288 +4.21%  , which has been battered amid a swine fever outbreak, rose. Insurer AIA Group /zigman2/quotes/203565558/delayed HK:1299 -2.86%   and oil producer CNOOC /zigman2/quotes/203421416/delayed HK:883 -1.93%   also gained. LG Electronics /zigman2/quotes/209966407/delayed KR:066570 +1.37%   rose in South Korea, as did Taiwan Semiconductor /zigman2/quotes/207385621/delayed TW:2330 -0.68%   in Taiwan. BHP /zigman2/quotes/201448516/delayed AU:BHP -1.48%   advanced in Australia, along with Rio Tinto /zigman2/quotes/200083756/delayed AU:RIO -0.25%   and Beach Energy /zigman2/quotes/200513631/delayed AU:BPT +1.25%  .

/zigman2/quotes/210597971/delayed
JP : Nikkei
21,877.89
-38.42 -0.18%
Volume: 0.00
May 29, 2020 3:00p
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/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
22,961.47
-171.29 -0.74%
Volume: 3.62M
May 29, 2020 4:08p
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
2,852.35
+6.13 +0.22%
Volume: 20.68B
May 29, 2020 3:01p
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/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,029.60
+1.06 +0.05%
Volume: 1.09M
May 29, 2020 3:33p
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/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
2,510.75
-4.49 -0.18%
Volume: 0.00
May 29, 2020 5:20p
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/zigman2/quotes/210597981/delayed
ID : Indonesia Stock Exchange
4,753.61
+37.43 +0.79%
Volume: 0.00
May 29, 2020 3:00p
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/zigman2/quotes/210598100/delayed
AU : S&P ASX
5,755.70
-95.40 -1.63%
Volume: 2.45M
May 29, 2020 5:16p
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/zigman2/quotes/208298710/delayed
JP : Japan: Tokyo
¥ 400.90
-48.50 -10.79%
Volume: 62.72M
May 29, 2020 3:00p
P/E Ratio
N/A
Dividend Yield
2.49%
Market Cap
¥1568.29 billion
Rev. per Employee
¥85.36M
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/zigman2/quotes/201302442/delayed
JP : Japan: Tokyo
¥ 4,191.00
+28.00 +0.67%
Volume: 12.46M
May 29, 2020 3:00p
P/E Ratio
N/A
Dividend Yield
4.29%
Market Cap
¥6528.58 billion
Rev. per Employee
¥65.40M
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/zigman2/quotes/207641152/delayed
JP : Japan: Tokyo
¥ 440.00
-9.00 -2.00%
Volume: 24.36M
May 29, 2020 3:00p
P/E Ratio
26.10
Dividend Yield
2.01%
Market Cap
¥2095.48 billion
Rev. per Employee
¥77.26M
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/zigman2/quotes/204247792/delayed
HK : Hong Kong
HK$ 6.68
+0.27 +4.21%
Volume: 75.58M
May 29, 2020 4:08p
P/E Ratio
8.61
Dividend Yield
4.72%
Market Cap
HK$98.39 billion
Rev. per Employee
HK$1.61M
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/zigman2/quotes/203565558/delayed
HK : Hong Kong
HK$ 62.85
-1.85 -2.86%
Volume: 53.66M
May 29, 2020 4:08p
P/E Ratio
14.56
Dividend Yield
2.01%
Market Cap
HK$757.36 billion
Rev. per Employee
HK$12.98M
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/zigman2/quotes/203421416/delayed
HK : Hong Kong
HK$ 8.63
-0.17 -1.93%
Volume: 121.30M
May 29, 2020 4:08p
P/E Ratio
5.56
Dividend Yield
9.04%
Market Cap
HK$385.31 billion
Rev. per Employee
HK$13.96M
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/zigman2/quotes/209966407/delayed
KR : S. Korea: KRX
59,300.00
+800.00 +1.37%
Volume: 900,113
May 29, 2020 3:30p
P/E Ratio
21.98
Dividend Yield
1.26%
Market Cap
₩10677.90 billion
Rev. per Employee
N/A
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/zigman2/quotes/207385621/delayed
TW : Taiwan
NT$ 292.00
-2.00 -0.68%
Volume: 79.77M
May 29, 2020 1:30p
P/E Ratio
18.89
Dividend Yield
3.42%
Market Cap
NT$7571.68 billion
Rev. per Employee
N/A
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/zigman2/quotes/201448516/delayed
AU : Australia: Sydney
$ 34.64
-0.52 -1.48%
Volume: 14.06M
May 29, 2020 4:10p
P/E Ratio
12.96
Dividend Yield
6.15%
Market Cap
$175.17 billion
Rev. per Employee
N/A
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/zigman2/quotes/200083756/delayed
AU : Australia: Sydney
$ 93.40
-0.23 -0.25%
Volume: 3.85M
May 29, 2020 4:10p
P/E Ratio
13.32
Dividend Yield
7.04%
Market Cap
$150.95 billion
Rev. per Employee
$1.14M
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/zigman2/quotes/200513631/delayed
AU : Australia: Sydney
$ 1.62
+0.02 +1.25%
Volume: 20.67M
May 29, 2020 4:10p
P/E Ratio
6.44
Dividend Yield
1.24%
Market Cap
$3.68 billion
Rev. per Employee
N/A
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