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Asian Stock Markets Mixed as Investors Await Details of US-China Trade Discussions
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Asian Stock Markets Mixed as Investors Await Details of US-China Trade Discussions
Jun 10, 2025 3:55 AM

06:42 AM EDT, 06/10/2025 (MT Newswires) -- Asian stock markets were mixed Tuesday as traders awaited details of ongoing trade talks between China and the US in London.

Tokyo finished in the green, while Hong Kong and Shanghai lagged. Other regional exchanges were largely higher, led by Taiwan.

In Japan, the Nikkei 225 open higher on Wall Street cues, wobbled, but finished up 0.3%. The benchmark Nikkei 225 rose 122.94 to 38,211.51, as gaining issues outnumbered losers 133 to 87.

Leading the upside was Sumitomo Pharmaceutical, up 8.8%, while Tokyo Gas declined 3.8%.

In Hong Kong, the Hang Seng Index opened evenly, wandered, and finished down 0.1%, despite property issues staging a rally.

The broad gauge Hang Seng fell 18.56 to 29,162.87, though gaining issues outnumbered losers 45 to 37. The Hang Seng TECH Index lost 0.8% on the day, but the Mainland Properties Index rose 1.9%.

Chinese real estate shares traded higher on reports that Beijing was tapping its housing provident fund to give buyers an alternative to bank mortgages, reported the South China Morning Post.

Leading the upside in Hong Kong was aluminum producer China Hongqiao, gaining 4.8%, while Li Auto declined 2.8%.

On the mainland, the Shanghai Composite fell 0.4% to 3,384.82.

On the other regional exchanges, the S. Korean KOSPI rose 0.6%; the Taiwan TWSE inclined 2.1%; the Australian ASX 200 gained 0.8%; the Singapore Straits Times Index fell 0.1%, and the Thai Set increased 0.4%. In late trading in Mumbai, the Sensex was unchanged.

In other news, boosted by semiconductor-chip and tech shipments, Taiwan's exports in May rose 38.6% year-over-year to $51.74 billion, an all-time record for the month, while total imports rose by 25.0% from a year earlier to $39.13 billion, reported the Ministry of Finance.

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