Asian stocks ended broadly lower on Wednesday after tech stocks led a sell-off on Wall Street overnight on jitters over inflation and signs of slowing economic growth.
China's Shanghai Composite Index tumbled 65.92 points, or 1.8 percent, to 3,536.29 as investors looked ahead to the release of the manufacturing, non-manufacturing and Caixin manufacturing purchasing managers' indexes on Thursday.
Hong Kong's Hang Seng Index rose 163.11 points, or 0.7 percent, to 24,663.50 as cash-strapped China Evergrande unveiled plans to sell its 19.93 percent stake in Shengjing Bank.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.