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Asian stocks fell after China’s economic growth slowed in the fourth quarter as gains in factory output and investment spending eased.
Nikkei 225 15,641.68 -92.78 -0.59%
S&P/ASX 200 5,295.05 -10.82 -0.20%
Shanghai Composite 1,991.25 -13.70 -0.68%
Industrial & Commercial Bank of China Ltd., the nation’s biggest lender by market value, dropped 1.4 percent in Hong Kong.
Nintendo Co. sank 6.2 percent in Tokyo, the second-biggest decline on the regional benchmark index, after the maker of Wii video-game consoles forecast a surprise full-year loss.
Ssangyong Motor Co. rose 1.4 percent after controlling shareholder Mahindra & Mahindra Ltd. announced plans to invest 1 trillion won ($939 million) in the South Korean carmaker.
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