Asia-Pacific markets mostly fell Thursday after U.S. stocks dropped overnight, with the Dow Jones Industrial Average posting its worst day in more than a month.
In China, the Shanghai Composite dropped 0.95%, losing 31.24 points, while the Shenzhen Index also saw a steep decline, falling 1.45%, shedding 153.68 points.
The Hang Seng Index (HSI) in Hong Kong also recorded a significant drop, sliding by 1.36%, down 281.69 points.
Meanwhile, Japan’s Nikkei bucked the trend, rising 0.28%, gaining 107.08 points, showing resilience amid regional losses.
South Korea narrowly avoided a technical recession, with Q3 GDP growing by 0.1% quarter-on-quarter, though it missed estimates of 0.5% growth. On a year-on-year basis, South Korea’s economy expanded by 1.5%, lower than the 2% forecasted.
Other indices across the region, including Australia’s ASX 200, Singapore’s STI, and India’s Nifty 50, also saw slight drops during mid-day trading.
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