Asian markets largely declined in early trading Tuesday, as President Donald Trump and North Korean leader Kim Jong Un traveled to Vietnam for their second summit.

No new reports of major progress in ongoing U.S.-China trade talks sapped enthusiasm that sent stocks in mainland China soaring Monday. The Shanghai Composite

SHCOMP, +0.85%

  rose 0.4% and the smaller-cap Shenzhen Composite

399106, +0.96%

  gained 0.2%. Hong Kong’s Hang Seng Index

HSI, -0.52%

  fell 0.5%, while Japan’s Nikkei

NIK, -0.36%

  declined about the same. South Korea’s Kospi

SEU, -0.31%

  slipped 0.4% and Australia’s ASX 200

XJO, -0.94%

  dropped 1.1%. Benchmark indexes in Taiwan

Y9999, +0.14%

 , Singapore

STI, -0.27%

  and Indonesia

JAKIDX, +0.37%

  fell as well.

Among individual stocks, oil producer Inpex

1605, -3.66%

  tumbled in Tokyo trading while Mitsubishi UFJ

8306, -0.58%

 and Hitachi

6501, -0.71%

  declined as well. AAC

2018, -13.45%

  plunged in Hong Kong

0883, -2.45%

 after the Apple

AAPL, +0.73%

  supplier warned that first-quarter net profits may fall as much as 75%. CNOOC and Galaxy Entertainment

0027, -1.93%

  also fell. Samsung

005930, -1.06%

  and SK Hynix

000660, -0.93%

  slipped in Korea. Sagging oil prices weighed down Australian energy companies, with Santos

STO, -2.55%

 , Beach Energy

BPT, +0.49%

  and Oil Search

OSH, -1.19%


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