Chinese stocks slipped in Asian trading hours on Monday as markets look for fresh indicators of the path interest rates will take in key economies.
The Hang Seng (^HSI) in Hong Kong closed 0.9% lower, while the SSE Composite (000001.SS) dropped 1.2%.
China’s currency fixing was behind the erosion in its equity markets, as policymakers are holding off rolling out more stimulus. China’s bond market also rallied as investors fled risk, despite declining benchmark yields.
Over in Japan, the Nikkei (^N225) rose 0.5% as weakness in the yen boosted import stocks.
