China stocks fell Tuesday even as broader Asia-Pacific markets rose following gains on Wall Street that saw the Dow Jones Industrial Average and the S&P 500 reach new record highs.
Mainland China’s CSI 300 dropped over 2%, while Hong Kong’s Hang Seng index tanked more than 4%.
China had posted disappointing September trade data after markets closed Monday, with exports rising 2.4% from a year ago and imports adding 0.3%, both sharply missing expectations.
Revised trade data out of South Korea showed trade surplus at $6.7 billion in September — same as premilinary data — up from $3.7 billion in August.
South Korea’s Kospi was up 0.39% to end trading at 2,633.45, while the small-cap Kosdaq gained 0.4% to reach 773.81.
Japan’s Nikkei 225 gained 0.77% to close at 39,910.55, while the broad-based Topix rose 0.64% to reach 2,723.57.
Australia’s S&P/ASX 200 rose 0.79% to end trading at 8,318.4.
On Wall Street, the broad market S&P climbed 0.77% to 5,859.85, while the 30-stock Dow advanced 201.36 points to 43,065.22, ending the session above the 43,000 mark for the first time.
The Nasdaq Composite added 0.87%, closing at 18,502.69.
— CNBC’s Yun Li and Lisa Kailai Han contributed to this report.
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