Asian stocks ended mixed on Tuesday, with Chinese and Hong Kong shares ending in the red on waning hopes for additional monetary stimulus and concerns surrounding a tighter regulatory environment. China's central bank said it would tighten supervision of shadow banking businesses by including off-balance sheet wealth management products into its risk-assessment framework next year. Meanwhile, Japanese shares ended higher after the market digested the Bank of Japan's decision to maintain current monetary policy, and the yen's fall versus the dollar lifted overall sentiment. The Bank of Japan kept its monetary policy settings unchanged, as widely expected, saying the economy continues to recover moderately as a trend.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,102.88 | -15.21 | -0.49 |
Hang Seng | 21,729.06 | -103.62 | -0.47 |
Jakarta Composite | 5,162.48 | -29.43 | -0.57 |
KLSE Composite | 1,634.52 | 0.22 | 0.01 |
Nikkei 225 | 19,494.53 | 102.93 | 0.53 |
Straits Times | 2,911.31 | -1.77 | -0.06 |
KOSPI Composite | 2,041.94 | 3.55 | 0.17 |
Taiwan Weighted | 9,242.41 | 3.09 | 0.03 |