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Asian shares drop as tech pullback, Nissan CEO’s arrest takes toll


Asian inventory markets fell in early buying and selling Tuesday, following tech-led declines on Wall Street.

Japan’s Nikkei














NIK, -1.09%












  was once down 0.8%, with electronics and equipment shares a number of the greatest decliners. Sony














6758, -3.09%












  was once down 2.6% whilst Fanuc














6954, -2.13%












  and Hitachi














6501, -2.90%












  had been off some 3%. But the automobile sector was once probably the most watched, following the arrest of Nissan CEO Carlos Ghosn on Monday. Alliance companions Nissan














7201, -5.45%












  and Mitsubishi














7211, -6.85%












  slid in early buying and selling, with Nissan at almost-2½-year lows. But rival Toyota














7203, +1.59%












  benefited, mountaineering 2%.

Hong Kong’s Hang Seng Index














HSI, -1.87%












  fell 1.3%, with Tencent














0700, -3.16%












 down 2.5% and smartphone-component companies AAC














2018, -3.48%












  and Sunny Optical














2382, -2.00%












  off some 2%. Xiaomi














1810, +7.79%












  jumped 5% after its third-quarter income record

In mainland China, the Shanghai Composite














SHCOMP, -2.13%












  was once down 1.2% and the smaller-cap Shenzhen Composite














399106, -2.72%












  dropped 1.4%. Among huge caps, real estate was once off 1.3% after the previous day’s sharp leap. Financials, which additionally had been robust Monday, pulled again 0.9%.

A record about every other round of manufacturing cuts for iPhones weighed on Apple














AAPL, -3.96%












  providers in Asia. Taiwan’s Taiex














Y9999, -0.86%












  fell 0.5% as product assembler Hon Hai














2317, -3.27%












  dropped 2.7% to hit recent five-year lows and Taiwan Semiconductor














2330, -1.80%












  declined 1.3%. Korean memory-chip maker SK Hynix














000660, -3.30%












  slid every other 2.7% and Samsung Electronics














005930, -1.95%












 lost 1.7% because the Kospi














SEU, -0.86%












 dropped 0.6%.

Australia’s benchmark index














XJO, -0.38%












  was once down 0.8%, and New Zealand














NZ50GR, -0.83%












  and Singapore














STI, -1.21%












  posted losses as neatly.

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