02-02-2015 07:29 via news.yahoo.com

Asian shares mostly lower after US, China data

Shanghai stocks tumbled on Monday after two gauges of Chinese manufacturing activity showed contraction in January, while Asian markets were also hit by a sell-off on Wall Street in response to disappointing US growth data. Shanghai shed 1.38 percent in late afternoon and Hong Kong eased 0.42 percent, while Tokyo slipped 0.66 percent, or 116.35 points, to end at 17,558.04.
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