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Asia-Pacific Mixed

Sep 14, 2021 (Baystreet.ca via COMTEX) --

Shares in Asia-Pacific were mixed on Tuesday as investors looked ahead to the release of U.S. consumer inflation data for August.

The Nikkei 225 popped 222.73 points, or 0.7%, to 30,670.10.

The Japanes Yen traded at 110.01 per dollar, stronger than levels around 110.1 seen against the greenback yesterday.

In Hong Kong, the Hang Seng Index dumped 311,58 points, or 1.2%, to 25,502.23.

In Hong Kong, China Evergrande Group's stock plunged 11.9% after the embattled property developer on Tuesday flagged expectations for a "significant continuing decline in contract sales in September," as confidence falls following negative media reports surrounding the firm.

Shares of China Evergrande New Energy Vehicle and Evergrande Property Services, units that Evergrande has been attempting to sell, also plummeted 24.7% and 12% respectively. Evergrande Group said Tuesday that it was "uncertain" whether it will be able to make any such sale.

The Australian dollar was at $0.7345 as it struggled to recover after declining from above $0.744 last week.

In other markets

In Shanghai, the CSI 300 dropped 74,5 points, or 1.5% to 4,917.16.

In Korea, the Kospi index moved up 20.97 points, or 0.7%, to 3,148.83

In Singapore, the Straits Times regained 6.06 points, or 0.2%, to 3,080.37

In Taiwan, the Taiex index fell 11.41 points, or 0.1%, to 17,434.90

In New Zealand, the NZX 50 slumped 62.28 points, or 0.5%, to 13,108.61

In Australia, the ASX 200 added 12.09 points, or 0.2%, at 7,437.30

comtex tracking

COMTEX_393304982/2559/2021-09-14T06:57:22

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