DAVID HAFFENREFFER, CNN ANCHOR: Time now to get a check on how the markets fared in Asia overnight, Dalton Tanonaka standing by for us, live, in Hong Kong. Hi -- Dalton.</s>DALTON TANONAKA, CNN CORRESPONDENT: Good morning, David. Nerves were rattled in Taiwan over an earthquake that shook stock prices as well. The earthquake measured 6.2 on the Richter Scale, with no reports of major damage or injuries, but it did hit investor confidence in the already fragile chip sector, and that sent the TAIEX tumbling down nearly 1.75 percent. But worries over a crackdown on capital outflows from China sent China plays in Hong Kong into a tailspin, taking the Hang Seng down with them. Tokyo tech shares managed to rally, but pessimism in the bank sector held the Nikkei to only modest gains. Fears over bad loans held by the industry has led to dramatic selling this past month, driving the subindex down more than 22 percent since May. The "Financial Times" is reporting that NTT DoCoMo is considering floating its shares on the New York Stock Exchange, as soon as September. The Japanese mobile phone giant released a statement saying that while nothing has been finalized, it is, indeed, contemplating a listing overseas. And that is the business day here in Asia. Back to you, David, in New York.</s>HAFFENREFFER: All right, Dalton, thank you very much -- Dalton Tanonaka, live from Hong Kong. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Asian Market Update: Earthquake Rattles Taiwanese Stocks