Most markets in Asia ended marginally lower Monday as traders remained cautious amid U.S. President Donald Trump's economic policies and awaited a key meeting of central bankers later this week.
Central bank officials from around the world will be gathering for an annual three-day conference at a mountain resort in Jackson Hole, Wyoming, starting Thursday. Investors will be scrutinizing remarks from policymakers including Fed chief Janet Yellen and European Central Bank head Mario Draghi for any hints on the future direction of interest rates and economic stimulus programs, which will have implications for global stock markets.
The Nikkei Asia300 Index slipped less than 0.1% to 1,272.38 while Hong Kong's gauge added 0.1%.
AAC Technologies Holdings Inc. led the advance in Hong Kong after Credit Suisse raised its rating to outperform and boosted its price target.
China Unicom (Hong Kong) rose 3.5% as it resumed trade after a three-day halt, following news that its parent group will raise $11.7 billion from a stake sale in China United Network Communications
In China, Shanghai Composite Index added 0.5 percent to 3,286.91.
China Overseas Land & Investment advanced 2.8% after reporting a 26% increase in first-half core profit. The developer also raised its full-year sales target by 10%.
In other markets:
South Korea's gauge shed 0.3%.
Thailand's index rose 0.3%.
The Philippines is closed for a holiday.
Australia's S&P/ASX 200 shed 0.4 percent to 5,725.90.
