Asian markets fall, led by Hang Seng’s slide


Asian markets fell in early trading Thursday, following losses on Wall Street and turmoil in Hong Kong.

Stocks fell sharply in Hong Kong after protesters and police clashed throughout the previous day and night. At least 79 people were injured, Hong Kong officials said. Demonstrators were protesting a potential new extradition law with China, which they fear would erode civil liberties. Crowds of protesters on Wednesday blocked lawmakers from meeting to debate the law. Thursday began quietly, as heavy rain fell and discouraged crowds in the former British colony.

Hong Kong’s Hang Seng Index












HSI, -1.35%










  slid 1.5%. Stocks also fell in mainland China, with the Shanghai Composite












SHCOMP, -0.45%










  down 0.6%. Japan’s Nikkei












NIK, -0.81%










  fell 0.8% and South Korea’s Kospi












180721, -1.04%










  dropped 1%. Benchmark indexes in Taiwan












Y9999, -0.58%










 , Singapore












STI, -0.48%










  and Indonesia












JAKIDX, +0.07%










  were all either flat or down slightly. Australia’s S&P/ASX 200












XJO, -0.12%










  was down slightly.

Among individual stocks, Japan Display












6740, -10.45%










  plunged in Tokyo trading after its CEO announced he will step down amid additional restructuring measures. Nintendo












7974, -2.11%










  and oil producer Inpex












1605, -2.39%










  also fell. In Hong Kong, Tencent












700, -2.55%










  and property companies, such as Hang Lung Properties












101, -2.76%










 , retreated. Samsung












005930, -2.24%










  tumbled in South Korea, and Taiwan Semiconductor












2330, -1.83%










 declined in Taiwan. Beach Energy












BPT, -3.76%










  and Oil Search












OSH, -1.98%










  sank in Australia.



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