Asian Markets: Most shares down, Japan Airlines rises on hope of government bailout

Shares in Asia fell Wednesday. The Shanghai Composite Index slipped 0.5 percent to close at 3,071 and Hong Kong's Hang Seng Index lost 0.3 percent settling at 22,318. Japan's Nikkei was little changed, ending the day at 10,333 – a loss of 0.03 percent.

In China, metals stocks followed the lead from London where the London Metals Index, which gauges the price of metals, receded from a two-month high and the price of gold slipped below $1,060. Zhongjin Gold Corp. plunged 3.1 percent, Shandong Gold Mining Co Ltd. slid 3 percent, Zijin Mining Group Co. Ltd. (ZIJMF) dropped 2 percent and Jiangxi Copper Co. (JIXAY) lost 0.8 percent.