Asia stocks decline again, with Hong Kong under pressure, though China losses only slight

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Asia stocks decline again, as pressure stays on tech shares in China and Hong Kong

BEIJING — Asian stock markets declined Wednesday after Wall Street pulled back from a record as investors awaited a Federal Reserve report for signs of when U.S. stimulus might be withdrawn.

The Kospi 180721, -0.49% in Seoul lost 0.6% to 3,211, while Sydney’s S&P-ASX 200 XJO, -0.77% gave up 0.7% to 7,378. New Zealand and Southeast Asian markets declined. Shares in Chinese internet giants slid for a third day as investors waited for possible new action after Beijing stepped up anti-monopoly and data security enforcement against the industry. They were reported to be considering restrictions on for-profit education ventures.

 

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