ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Nikkei Asia300 Index falls as Chinese banks decline

BYD, Banyan Tree Holdings among key losers while AIA advances

MUMBAI (NewsRise) -- Asian stocks outside of Japan edged lower on Tuesday, as losses in Chinese companies eclipsed a rally in AIA Group.

The Nikkei Asia300 Index dropped 0.2% to 1,463.01. Hong Kong-shares of Agricultural Bank of China (ABC), Bank of China (BOC), and Industrial & Commercial Bank of China (ICBC) lost at least 1.9% each, among the biggest contributors to losses on the index. The stocks fell ahead of the release of China's official manufacturing and non-manufacturing February PMI (Purchasing Managers' Index) data due Wednesday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more