Japan’s Nikkei Stock Average JP:100000018 -0.93% lost 0.9% after Wednesday’s 3.8% surge, while Hong Kong’s Hang Seng Index HK:HSI -0.34% slid 0.3% and China’s Shanghai Composite Index CN:000001 -0.66% fell 0.7% ahead of next week’s Lunar New Year holidays.
“I think that investors are packing away for the New Year holiday. That’s why trading motivation is not great,” KGI Asia chief operating officer Ben Kwong said.
