Asian markets mixed like Baidu flop in Hong Kong

Asian markets mixed in early trading on Tuesday as shares in Hong Kong and mainland China sank after gaining early sessions.

Hong Kong’s Hang Seng Index HSI,
-1.34%
1.3% slipped, the Shanghai Composite SHCOMP,
-0.93%
decreased by 1.2% and the Shenzhen Composite 399106 with smaller capital,
-1.13%
it decreased by 1.3%. Japan’s Nikkei 225 NIK,
-0.61%
by 0.2% higher. South Korea’s Kospi 180721,
-1.01%
decreased by 0.4% and the Australian S & P / ASX 200 XJO,
-0.11%
was little changed. Stocks fell in FBMKLCI in Malaysia,
-1.33%,
but obtained in Singapore STI,
+ 0.12%
in Taiwan Y9999,
-0.07%,
with Indonesia JAKIDX,
-0.77%
flat.

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

U.S. stock standards closed higher. The Dow Jones Industrial Average DJIA,
+ 0.32%
rose 103.23 points, or 0.3%, to close at 32,731.20, cutting a two-session losing streak, while the S&P 500 SPX,
+ 0.70%
added 27.49 points, or 0.7%, to close at 3,940.59, which also ended a two-session slide. The Nasdaq Composite Index COMP,
+ 1.23%
advanced by 162.31 points and finished at 13,377.54, a gain of 1.2%.

.Source