Asia-Pacific markets saw a selloff on Wednesday, mirroring moves on Wall Street after a decline in U.S. banks.
In Japan, the Nikkei 225 index dumped 472.07 points, or 1.5%, to 31,766.82, he first time it has went below the 32,000 mark in over a month. This is despite business sentiment improving in July, according to the Reuters Tankan survey.
In Hong Kong, the Hang Seng fell 251.81 points, or 1.4%, to 18,329.36.
Australian markets toppled, notching their third day of losses in four days.
CHINA
In China, the CSI 300 slid 28.21 points, or 0.7%, to 3,818.33.
China saw its house price index fall into contraction territory for the first time since April, dropping 0.1% year on year.
In other markets
In Taiwan, the Taiex index docked 8.02 points, or 0.1%, to 16,446.78.
In Korea, markets returned to trading after a holiday, with the Kospi index down 54.23 points, or 1.8%, to 2,525.64
In Singapore, the Straits Times Index let go of 19.16 points, or 0.6%, 3,213.58.
In New Zealand, the NZX 50 lost 57.63 points, or 0.5%, to 11,763.11.
In Australia, ASX 200 shed 109.79 points, or 1.5%, to 7,195.17.
