Broad declines were seen for leading stock indexes in the initial hours of trading in Asia on Wednesday. They are trending downward following the fall, particularly for chip giant Nvidia, on Wall Street yesterday. The disappointing production data from the USA also contributed to the analysts' disappointment. The American manufacturing industry is performing slightly worse than expected.
In Tokyo, the Nikkei 225 index was down 3.3 percent after a few hours of trading, and the broader Topix stood at minus 2.8 percent.
In Hong Kong, the Hang Seng index was at minus 1.2 percent, and South Korea's Kospi index was down 2.6 percent.
In China, the movements were smaller, minus 0.3 percent and minus 0.4 percent for the composite indexes in Shanghai and Shenzhen, respectively.
Looking at most stock exchanges, the largest declines were seen since the crash a month ago, a crash that the exchanges quickly recovered from in August.
