Hong Kong Kanchisa Thitisukthanapong | Moment | Getty ImagesHong Kong market led losses in Asia-Pacific on Monday, followed by China stocks which dropped after shadow banking conglomerate Zhongzhi Enterprise Group filed for bankruptcy liquidation late Friday.
The Hang Seng index plunged over 2% in its final hour as healthcare stocks fell, while mainland China's CSI 300 dropped 1.29% to close at 3,472.19.
In Australia, the S&P/ASX 200 fell 0.50% to close at 7,451.50, while South Korea's Kospi lost 0.4%, ending at 2,567.82.
The small-cap Kosdaq was up 0.11%, finishing at 879.34 and hitting its highest level since Sept. 19.
Japan's markets are closed for a public holiday, and will resume trading on Tuesday.
Persons:
Kospi
Organizations:
Hong, Zhongzhi Enterprise, CSI
Locations:
Hong Kong, Asia, Pacific, China, Australia, South