Asian markets little changed as investors weigh trade-war developments

By Marketwatch and Associated Press

Reuters

The Hong Kong Exchanges and Clearing Ltd. headquarters in Hong Kong.

Asian markets were muted in early trading Tuesday amid positive developments on the U.S.-China trade front.

President Donald Trump said Monday that trade negotiations on a “phase one” deal are going faster than expected, and said the deal would “take care of “ U.S. farmers and bankers. Later in the day, the U.S. Trade Representative’s office said it is considering extending tariff exemptions that were approved last December on $34 billion in Chinese goods.

The news did not boost Chinese stocks though. Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +0.59%   slipped 0.3% after administrator Carrie Lam said the ongoing pro-democracy protests risked sending the city into recession, while the Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +0.78%   fell 0.4% and the smaller-cap Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 +1.15%   retreated 0.3%. Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK -0.92%   rose 0.5% and South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 -0.60%   slipped 0.2%. Benchmark indexes in Taiwan /zigman2/quotes/210597977/delayed TW:Y9999 -2.99%  , Singapore /zigman2/quotes/210597985/delayed SG:STI +0.81%   and Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX -1.76%   were up slightly. Australia’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.13%   was little changed.

Among individual stocks, Mazda Motor /zigman2/quotes/204777714/delayed JP:7261 +1.63%   and Kobe Steel /zigman2/quotes/207391157/delayed JP:5406 -0.66%   gained in Tokyo trading while Canon /zigman2/quotes/207639533/delayed JP:7751 -0.38%   fell. In Hong Kong, food processor WH Group /zigman2/quotes/204247792/delayed HK:288 -0.59%   surged while HSBC /zigman2/quotes/202687335/delayed HK:5 -0.41%   and Tencent /zigman2/quotes/204605823/delayed HK:700 +3.00%   dropped. Samsung /zigman2/quotes/209800866/delayed KR:005930 -0.62%   inched down in South Korea, while BHP /zigman2/quotes/201448516/delayed AU:BHP +0.06%   and Rio Tinto /zigman2/quotes/200083756/delayed AU:RIO +0.49%   gained in Australia.

/zigman2/quotes/210598030/delayed

Add to watchlist HK:HSI

Hang Seng Index

HK : Hong Kong Exchange

28,194.09

+166.52 +0.59%

Volume: 1.86M

May 17, 2021 4:08p

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Shanghai Composite Index

CN : China: Shanghai

3,517.62

+27.24 +0.78%

Volume: 32.21B

May 17, 2021 3:01p

/zigman2/quotes/210598015/delayed

Add to watchlist CN:399106

Shenzhen Composite Index

CN : Shenhzen Stock Exchange

2,320.33

+26.46 +1.15%

Volume: 36.84B

May 17, 2021 3:00p

/zigman2/quotes/210597971/delayed

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NIKKEI 225 Index

JP : Nikkei

27,824.83

-259.64 -0.92%

Volume: 0.00

May 17, 2021 3:15p

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KOSPI Composite Index

KR : Korea Exchange

3,134.52

-18.80 -0.60%

Volume: 771,305

May 17, 2021 3:32p

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Taiwan TAIEX

TW : Taiwan Stock Exchange

15,353.89

-473.20 -2.99%

Volume: 0.00

May 17, 2021 1:33p

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FTSE Straits Times Index

SG : Singapore: SGX

3,079.69

+24.67 +0.81%

Volume: 0.00

May 17, 2021 5:20p

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JSX Composite Index

ID : Indonesia Stock Exchange

5,833.86

-104.49 -1.76%

Volume: 0.00

May 17, 2021 3:00p

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Add to watchlist AU:XJO

S&P/ASX 200 Benchmark Index

AU : S&P ASX

7,023.60

+9.40 +0.13%

Volume: 453,249

May 17, 2021 4:58p

/zigman2/quotes/204777714/delayed

Add to watchlist JP:7261

Mazda Motor Corp.

JP : Japan: Tokyo

¥ 873.00

+14.00 +1.63%

Volume: 5.62M

May 17, 2021 3:00p

P/E Ratio

N/A

Dividend Yield

1.72%

Market Cap

¥540.99 billion

Rev. per Employee

N/A

/zigman2/quotes/207391157/delayed

Add to watchlist JP:5406

Kobe Steel Ltd.

JP : Japan: Tokyo

¥ 758.00

-5.00 -0.66%

Volume: 3.95M

May 17, 2021 3:00p

P/E Ratio

11.83

Dividend Yield

1.32%

Market Cap

¥276.74 billion

Rev. per Employee

N/A

/zigman2/quotes/207639533/delayed

Add to watchlist JP:7751

Canon Inc.

JP : Japan: Tokyo

¥ 2,516.50

-9.50 -0.38%

Volume: 2.02M

May 17, 2021 3:00p

P/E Ratio

24.90

Dividend Yield

3.58%

Market Cap

¥2641.62 billion

Rev. per Employee

¥17.37M

/zigman2/quotes/204247792/delayed

Add to watchlist HK:288

WH Group Ltd.

HK : Hong Kong

HK$ 6.70

-0.04 -0.59%

Volume: 18.47M

May 17, 2021 4:08p

P/E Ratio

15.43

Dividend Yield

2.61%

Market Cap

HK$99.39 billion

Rev. per Employee

HK$1.85M

/zigman2/quotes/202687335/delayed

Add to watchlist HK:5

HSBC Holdings PLC (HK Reg)

HK : Hong Kong

HK$ 48.55

-0.20 -0.41%

Volume: 12.37M

May 17, 2021 4:08p

P/E Ratio

21.19

Dividend Yield

2.40%

Market Cap

HK$1002.95 billion

Rev. per Employee

HK$2.56M

/zigman2/quotes/204605823/delayed

Add to watchlist HK:700

Tencent Holdings Ltd.

HK : Hong Kong

HK$ 600.50

+17.50 +3.00%

Volume: 19.17M

May 17, 2021 4:08p

P/E Ratio

32.13

Dividend Yield

0.27%

Market Cap

HK$5546.41 billion

Rev. per Employee

HK$10.55M

/zigman2/quotes/209800866/delayed

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Samsung Electronics Co. Ltd.

KR : S. Korea: KRX

₩ 79,600.00

-500.00 -0.62%

Volume: 17.74M

May 17, 2021 3:30p

P/E Ratio

20.72

Dividend Yield

1.81%

Market Cap

₩538990.97 billion

Rev. per Employee

₩2.16B

/zigman2/quotes/201448516/delayed

Add to watchlist AU:BHP

BHP Group Ltd.

AU : Australia: Sydney

$ 49.60

+0.03 +0.06%

Volume: 3.17M

May 17, 2021 4:10p

P/E Ratio

24.97

Dividend Yield

4.17%

Market Cap

$231.14 billion

Rev. per Employee

N/A

/zigman2/quotes/200083756/delayed

Add to watchlist AU:RIO

Rio Tinto Ltd.

AU : Australia: Sydney

$ 126.04

+0.61 +0.49%

Volume: 636,862

May 17, 2021 4:10p

P/E Ratio

14.68

Dividend Yield

4.87%

Market Cap

$185.19 billion

Rev. per Employee

$1.36M