Asian stocks opened for the first week on negative performance as China's stock indexes led losses following economic developments and economic data. China's stock market was flat on Monday, Britain on the file of Britain's exit from the European Union in conjunction with the entry of partial closure of the US federal government for the fourth week in a row.
China's second largest economy followed the reading of the trade balance index, which showed a surplus of 395 billion yuan, or 57.1 billion yuan, compared with 306 billion yuan, or 44.7 billion dollars last November. On expectations that the surplus would widen to 345 billion yuan ($ 51.6 billion) as imports fell more than last month.
US Treasury Secretary Stephen Minochen said last Friday that the Chinese vice premier was expected to complete US-China trade talks in Washington by the end of this month, noting that the upcoming talks in his country would take into account the extension of the special timetable The Chinese Ministry of Commerce said Beijing and Washington had agreed to continue their trade talks and the talks in Beijing were detailed and accurate on some outstanding issues.
Chinese stocks fell, with the CSI 300 index shedding 0.78% to 24.22 points to reach 3,070.56. The Shanghai index fell 0.62% and the other fell 15.75 points to 2,538.08.
Hong Kong's Hang Seng Index fell 1.65% to 439.55 points to 26,227.72. South Korea's Kospi Index fell 0.66%, shedding 13.75 points to 2,061.82.
To the New Zealand NZX 50 index, which rose 0.02% to 2.12 points to reach 8,961.70. On the other hand, Australia's S & P / ASX 200 index shed 0.27% to 15.38 points to 5,759.20.