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Asian stocks fell, with the regional benchmark index retreating from a five-month high, after Chinese shares tumbled as the nation’s money-market rates surged.
Nikkei 225 14,426.05 -287.20 -1.95%
Hang Seng 22,999.95 -316.04 -1.36%
S&P/ASX 200 5,356.1 -17.05 -0.32%
Shanghai Composite 2,183.11 -27.54 -1.25%
China Resources Land Ltd. , the second-largest mainland developer traded in Hong Kong, slipped 1.8 percent.
Japan Exchange Group Inc. sank 3.7 percent after the main bourse operator of the world’s second-largest equity market didn’t boost its full-year profit forecast as analysts had expected.
Hyundai Merchant Marine Co. jumped 14 percent after South Korea’s biggest shipping line by market value refinanced 280 billion won of debt ($265 million).
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