Asia Markets: Asian markets retreat; Hold Seng sinks amid Hong Kong protests


Asian markets were mostly lower in early trading Wednesday, after the Dow Jones Industrial Average












DJIA, -0.05%










  snapped a six-session winning streak.

The major indexes on Wall Street gave up early gains and ended the day slightly lower. On the trade front, President Donald Trump took credit for holding up U.S.-China trade talks, saying he has “no interest” in a deal unless China agrees to terms it had previously agreed upon. “We’re going to either do a great deal with China or we’re not going to do a deal,” Trump told reporters Tuesday.

Japan’s Nikkei












NIK, -0.01%










  was mostly unchanged. Hong Kong’s Hang Seng Index












HSI, -1.59%










  slid 1.5% as protesters again swarmed the streets in opposition to a possible new extradition law with mainland China. The Shanghai Composite












SHCOMP, -0.57%










  retreated 0.6% and the smaller-cap Shenzhen Composite












399106, -0.42%










  fell 0.3% as May data showed China’s consumer inflation hit a 15-month high, in line with forecasts. South Korea’s Kospi












180721, -0.14%










  slipped 0.2%, while benchmarks in Taiwan












Y9999, -0.07%










  and Indonesia












JAKIDX, -0.52%










  backtracked. Stocks were up slightly in Singapore












STI, +0.18%










 , and Australia’s S&P/ASX 200












XJO, +0.15%










  rose 0.2%.

Among individual stocks, SoftBank Group












9984, -2.18%










  and Yahoo Japan












4689, -3.18%










  fell in Tokyo trading, while Toyota












7203, +1.00%










  rose. In Hong Kong, Sunny Optical












2382, -6.45%










  slid, along with Sands China












1928, -2.96%










  and New World Development












17, -3.93%










 . LG Electronics












066570, -0.85%










  and SK Hynix












000660, -1.34%










  dropped in South Korea, while Foxconn












2354, +0.00%










  declined in Taiwan after the Apple












AAPL, +1.16%










 supplier said it could move production operations out of China if trade tensions heat up. BHP












BHP, +2.64%










  and Rio Tinto












RIO, +2.09%










  surged in Australia.



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