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Japan's Nikkei leads losses in mixed Asia markets; SoftBank shares drop 6% after earnings losses - CNBC

Japan's Nikkei leads losses in mixed Asia markets; SoftBank shares drop 6% after earnings losses - CNBC

Japan's Nikkei leads losses in mixed Asia markets; SoftBank shares drop 6% after earnings losses - CNBC
Aug 09, 2022 45 secs

SINGAPORE — Shares in the Asia-Pacific were mixed Tuesday on a quiet data day as markets continue to digest last week's stellar U.S.

Hong Kong's Hang Seng index gave up earlier gains to trade 0.3% lower in the final hour of the session, while heavyweight Alibaba climbed about 0.7%.

Alibaba has applied to change its Hong Kong listing status to primary from secondary, the company said in a statement on the Hong Kong Exchange.

The Hong Kong Stock Exchange acknowledged the application on Aug.

The tech giant first announced its plans for a dual primary listing in Hong Kong last month.

MSCI's broadest index of Asia-Pacific shares outside Japan was little changed.

Singapore and India markets are closed for a holiday on Tuesday.

dollar index, which measures the currency against a basket of six foreign currencies, was at 106.320, slightly lower after its recent jump to nearly 107.

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