Asian Markets Open Week Mixed as Chinese Indices Drop

Markets opened the week on a sombre note, with the CSI 300 Index dropping 2.2 per cent to close at a level not seen since August 21 last year. The chip-heavy Star Market 50 index tumbled 4.1 per cent, capping its steepest single-day decline in five weeks and closing in on the low reached during July’s technology rout.

Hong Kong’s Hang Seng Index bucked the trend, rising 0.6 per cent.