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 0.4 percent to 174.56 as of 5:10 p.m. in Hong Kong. The Hang Seng Index slipped 1.2 percent and shares of ZTE Corp. tumbled 42 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 following a holiday on Tuesday. Indonesia’s market remained closed for a holiday.
Source : Bloomberg