Asian markets mixed as Baidu collapses in Hong Kong



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Asian markets were mixed early in Tuesday, as Hong Kong and mainland Chinese stocks fell after posting gains early in the session.

Hong Kong HSI Hang Seng Index,
-1.33%
slipped 1.3%, the Shanghai Composite SHCOMP,
-0.93%
fell 1.2% and the Shenzhen Composite 399106,
-1.13%
decreased by 1.3%. Nikkei 225 NIK from Japan,
-0.61%
edged up 0.2%. Kospi 180721 from South Korea,
-1.01%
fell 0.4% and the Australian S & P / ASX 200 XJO,
-0.11%
has changed little. Stocks fell in Malaysia FBMKLCI,
-1.09%,
but won in Singapore STI,
+ 0.04%
and Taiwan Y9999,
-0.07%,
with Indonesia JAKIDX,
-0.68%
dish.

Chinese internet search giant Baidu made a disappointing debut in its $ 3 billion Hong Kong bid, with the shares rising only slightly from its opening price. Baidu BIDU US Deposit Receipts,
+ 3.36%
had jumped more than 3% on Monday.

US stock indices closed higher on Monday. The Dow Jones Industrial Average DJIA,
+ 0.32%
rose 103.23 points, or 0.3%, to close at 32,731.20, breaking a two-game losing streak, while the S&P 500 SPX,
+ 0.70%
added 27.49 points, or 0.7%, to close at 3,940.59, also ending a two-session slide. The Nasdaq COMP composite index,
+ 1.23%
advanced 162.31 points to finish at 13,377.54, a gain of 1.2%.

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