"Asian Stocks" Asia-Pacific stock markets generally fell, while stocks in Taiwan, Japan, and South Korea retraced, and Singapore stocks declined after hitting a peak

The market is waiting for the U.S. to release last month's non-farm payroll data later. The Asia-Pacific stock markets generally fell this morning (16th), with the Singapore stock market also declining after reaching a historical high.

The People's Bank of China conducted a seven-day reverse repurchase operation, with a net injection of 18 billion yuan in a single day. The Shanghai Composite Index closed at 3,820 points, down 47 points or 1.2%; the Shenzhen Component Index reported 12,866 points, down 246 points or 1.9%. The Hong Kong Hang Seng Index fell 489 points or 1.9%, closing at 25,139 points, with a turnover of 107.2 billion yuan. The Taiwan Weighted Index dropped 252 points or 0.9%, closing at 27,614 points. Taiwan Semiconductor and Hon Hai fell by 1% and 1.6%, while MediaTek rose by 1.1%.

The Japanese Nikkei Index fell by 666 points or 1.3% in the afternoon, closing at 49,501 points. SoftBank and Fast Retailing fell by 1.1% and 1%, respectively, while bank stocks Mitsubishi UFJ Financial, Sumitomo Mitsui Financial, and Mizuho Financial fell by 2.8% to 3.1%. South Korea's Kospi Index dropped 61 points or 1.5%, closing at 4,029 points. Samsung Electronics and SK Hynix fell by 1.3% and 2.7%, respectively, while LG Energy Solution fell by 5.4%, and Hyundai Heavy Industries dropped by 4.4%. Hyundai Motor and Kia each fell by 2.6% and 2.7%.

India's Nifty 50 Index fell 138 points or 0.5%, closing at 25,889 points. Adani Enterprises, Infosys, and Tata Steel each fell by over 1%.

Australia's S&P/ASX 200 Index fell 58 points or 0.7% at the close, closing at 8,576 points. Westpac Banking Corporation fell by 1.6%, and retail stock Wesfarmers fell by 0.9%. New Zealand's NZX 50 Index rose 16 points or 0.1% at the close, closing at 13,424 points, with power stock Meridian Energy rising by 2.6%.

The Singapore Straits Times Index fell 5 points or 0.1%, closing at 4,583 points, having reached a high of 4,603 points during the session. DBS Bank and OCBC Bank rose by 0.8% and 0.7%, respectively, while Singapore Telecommunications fell by 1.7%. The Malaysian and Philippine stock markets rose by 0.2% and 0.3%, respectively, while the Indonesian and Thai stock markets fell by 0.3% and 0.8%. The Hanoi stock market in Vietnam rose by less than 0.1%, while the Ho Chi Minh stock market fell by 0.5%