Asian markets fell ahead of Chinese manufacturing data, while Softbank shares slid in Tokyo after the listing of Alibaba.
Investorsweare cautious before of the release of a preliminary manufacturing survey of China’s factory activities.
The Purchasing Managers’ Index (PMI) from financial institution HSBC is due on Tuesday.
Japan’s benchmark Nikkei index closed down 115.27 points, or 0.7%, at 16,205.90.
In Hong Kong, the Hang Seng index ended the day down 350.67 points, or 1.4%, at 23,955.49.
Among individual companies, Softbank shares fell 6.1% on profit-taking, following the listing of China’s Alibaba on the New York Stock Exchange last week.
Softbank has a 32% stake in Alibaba, and shares of the Japanese company have surged by around 30% in anticipation of Alibaba’s listing.
Alibaba’s shares surged 38% on its first day of trade in New York, to close at $93.89 per share from the issue price of $68.
via BBC 
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