
Asian shares mostly extend losses on China property worries
ABC News
Asian shares have mostly fallen, with Tokyo down 2.2%, as worries about heavily indebted Chinese real estate developers weigh on sentiment
TOKYO -- Asian shares mostly declined Tuesday, with Tokyo down 2.2% 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 edged 0.1% lower to 24,067.15 as selling of property developers slowed.
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