Asia equities declined as investors shrugged off the Trump-Kim summit, citing a lack of details, and refocused on major central bank policy decisions this week.
The MSCI Asia Pacific Index fell 0.3 percent to 174.71 as of 10:33 a.m. in Hong Kong. The Hang Seng Index slipped 0.5 percent and shares of ZTE Corp. tumbled 39 percent in Hong Kong as trading resumed after agreeing to $1 billion fine and major revamp on management. The Philippine benchmark index plunged 2.2 percent as the peso weakened after trading resumed after a holiday on Tuesday.
Taiex little changed, S&P/ASX 200 -0.6%, New Zealand’s S&P/NZX 50 -0.3%.
SGX Nifty 50 futures -0.2%.
Straits Times Index -0.8%, Malaysia’s KLCI -0.4%, Philippines Stock Exchange PSEi Index -2.2%, Vietnam’s VN Index +0.3%.