Market Movements Across Asia

Asian markets experienced a downturn on Wednesday, as the latest economic data from China was overshadowed by ongoing tariff concerns among investors.

China's Market Performance

On the Chinese mainland, the Shanghai Composite fell by 0.65%, while the Shenzhen Composite dropped 1.31% by 4:58 am CET. Meanwhile, Hong Kong's Hang Seng saw a more significant decrease of 2.15%.

Other Asian Markets

Contrasting the general trend, Australia's S&P/ASX 200 managed a 0.28% gain. However, South Korea's Kospi Composite wasn't as fortunate, declining by 0.65% by 4:59 am CET. The dollar also weakened against the yen, trading 0.39% lower at ¥142.6980. Japan's Nikkei 225 similarly faced a 0.73% decrease by 4:35 am CET.