Asia stock closed in red zone after Chinese reports

Today, 1
September stock index
Asia-Pacific region again
showed a reduction - after
data on business activity in the
Processing Industry in China
We proved that the reduction is the highest in
last years rates. Besides,
increased fears that intervention
Chinese authorities in the stock market is not
bring results. On Monday
Japanese yen and gold rose in price - their
is considered as the best protection
assets, while oil prices
resumed falling.

According to the results
Bid now consolidated stock index
region MSCI Asia Pacific sank to 1.3%
Chinese Shanghai Composite index fell
1,28%, Shenzhen Composite - 4.61%, Hong Kong's Hang
Seng - 2.6%, Japanese Nikkei 225 - 3.84%, more
broader index Topix - on 3,83%, Australian
S P / ASX 200 - 2.12%, South Kospi -
1.4%.

"Industrial
China's index still shows
that the economy is in the process
Search bottom. The market is unlikely to resume
In the near future growth"- sure
fund manager JK Life Insurance Wu Kan.

Index,
published by the National Bureau of Statistics,
He went into negative territory, reaching
up to August minimum of three
last year, 49.7 points versus 50 points
in July. Another index of Caixin / Markit showed
up to August 47.3 points.

shares of China
Eastern Airlines Corp. fell by 5,3%, China Southern Airlines
lost in the price of 10% - air carriers
late to react to rising oil prices.
Shares of Toshiba Corp. fell by 4.9% because
the company is the second time delays
publication for the last quarter of the reporting
due to problems in accounting.

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