Asia-Pacific markets fell Tuesday, with investors exercising caution even as U.S. stocks continued their postelection rally, with key benchmarks closing at record highs.
In Japan, the Nikkei 225 index fell back 157.23 points, or 0.4%, to 39,376.09.
In Hong Kong, the Hang Seng Index dumped 580.05 points, or 2.8%, to 19,846.88.
Traders in Asia-Pacific also assessed economic data from the region, including a survey from the National Australia Bank on business conditions and Indonesia’s September retail sales.
Softbank Group is expected to announce a profit of 286.8 billion yen ($1.86 billion U.S.) for the second quarter, which ended September, marking an over 100% year-on-year growth.
Previously in its fiscal first quarter ended in June, the Japanese technology investor company booked a 1.9 billion yen ($12.9 million) investment gain on its Vision Fund tech investment arm.
Softbank Group’s shares have seen a 52.19% surge year-to-date.
In other markets
In Shanghai, the CSI 300 faded 45.39 points, or 1.1%, to 4,085,74.
In Taiwan, the Taiex tumbled 547.87 points, or 2.3%, to 22,981.77.
In Korea, the Kospi index dipped 49.09 points, or 1.9%, to 2,482.57.
In Singapore, the Straits Times Index lost 27.99 points, or 0.8%, at 3,711.48.
In New Zealand, the NZX 50 regrouped 63.03 points, or 0.5%, to 12,749.36.
In Australia, the ASX 200 slipped 10.59 points, or 0.1%, to 8,255,63.
