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Asian stocks outside Japan fell after the International Monetary Fund said risks are rising for slower growth in China. Japanese shares rose as the yen fell.
Nikkei 225 14,808.5 +193.46 +1.32%
Hang Seng 21,345.42 -26.45 -0.12%
S&P/ASX 200 4,993.42 +11.74 +0.24%
Shanghai Composite 2,023.4 -21.53 -1.05%
China Shanshui Cement Group slumped 11 percent in Hong Kong after saying first-half profit will drop.
Innolux Corp. and AU Optronics Corp. fell at least 4.6 percent in Taipei on a report Taiwan and Korean panel makers cut output this month.
SoftBank Corp., a Japanese mobile phone operator, rose 4 percent after forming a fuel-cell venture with Bloom Energy Corp.
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