Who Won the U.S. Presidential Debate?

An aerial view of the central business district and Sydney Opera House on February 17, 2023.

Hong Kong's Hang Seng index fell 1.1% as of its final hour, reversing earlier gains, while mainland China's CSI 300 slipped 0.63% to a two week low of 3,418.16. EV stock Li Auto fell 4%, while counterparts Nio and Xpeng lost over 5%.

Asia-Pacific markets fell Wednesday as traders assessed July business activity data from Japan and Australia, and tech earnings from the U.S.

Japan's Nikkei 225 dropped 1.11% to close at 39,154.85, marking a one-month low.

The index was dragged by utilities and real estate stocks, while the broad-based Topix was down 1.42% to end at 2,793.12. Flash data from the au Jibun Bank showed that the country's business activity returned to growth.

Japan's composite purchasing managers' index for July was at 52.6, up from 49.7 in June. This was "indicative of solid growth" among Japanese private sector firms, the report said.

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