Asian stocks are lower after South Korea's Kospi hits records, as Trump wraps up Beijing trip (opens in new tab)

Asian stocks mostly retreated Friday and South Korea’s Kospi gave up gains after reaching an all-time high, as investors watch for developments from the Iran war and U.S. President Donald Trump’s summit in Beijing with Chinese leader Xi Jinping. Hong Kong’s Hang Seng was down 0.9% to 26,145.66, while the Shanghai Composite index edged up 0.1% to 4,183.05. Trump is wrapping up his China visit on Friday after a series of meetings with Xi that touched on issues including U.S.-China trade, furthe...