Asia-Pacific shares were mixed on Wednesday after the Dow Jones Industrial Average and S&P 500 posted their third day of losses in the U.S.
The Nikkei 225 lost 139.28 points, or 0.5%, to 28,313.47.
In Hong Kong, the Hang Seng index dumped 234.51 points, or 1.2%, to 19,268.74. Electric vehicle maker Xpeng plunged more than 12% after it reported a wider-than-expected quarterly loss.
Share prices of Japanese electricity production companies climbed after Nikkei reported that the government is aiming to restart more nuclear reactors.
Japanese Prime Minister Fumio Kishida confirmed the reports in a briefing, saying that his administration also discussed developing next-generation reactors.
Tokyo Electric Power (TEPCO) rose nearly 10% by mid-afternoon trade while others such as Kansai Electric Power, Tohoku Electric Power and Hokkaido Electric Power (HEPCO) also gained between 2% and 3%.
Li Auto’s shares dropped 6.6% and Nio slipped 5.2% in Hong Kong. Geely Auto fell more than 4% and BYD also fell 5.5%. Nio is slated to report earnings later in the day, while Li Auto reported earnings earlier in August.
In other markets
In Shanghai, the CSI 300 docked 78.66 points, or 1.8%, to 4,082.42.
In Taiwan, the Taiex doffed 26.7 points, or 0.2%, to 15,069.19
In Korea, the Kospi index regained 12.11 points, or 0.5%, to 2,447.45
In Singapore, the Straits Times Index backtracked 12.73 points, or 0.4%, to 3,233.48.
In Australia, the ASX 200 recovered 36.32 points, or 0.5%, to 6,998.12.
In New Zealand, the NZX inched up 12.12 points, or 0.1%, to 11,656.33.
