Asian shares extend losses as China worries darken sentiment

Asian shares have fallen, with Tokyo down 2%, as worries about heavily indebted Chinese real estate developers weigh on sentiment

TOKYO -- Asian shares declined Tuesday, with Tokyo down 2% as worries about heavily indebted Chinese real estate developers weighed on sentiment.

On Monday, U.S. stocks logged their biggest drop since May, with the tech-heavy Nasdaq composite sinking 2.2%.

Markets were closed Tuesday in Taiwan, Shanghai and South Korea.

In Hong Kong, the Hang Seng dropped 0.5% to 23,971.73 as selling of property developers slowed.