Asian stocks open lower on weak Chinese growth data

Asian stocks opened the first session of the week on red, weighed down by economic data released earlier by Asia's largest economy and the world's second-largest economy, showing the slowest quarterly growth in 27 years as China's economy expanded 6.2% in the second quarter, otherwise Japanese stock indices is absent today due to Japan's Marine Day holiday.

China's benchmark index CSI 300 fell by 0.31% (11.89 points) to 3,796.84, the Shanghai composite index fell by 0.26% (7.65 points) to 2,922.90.

Hong Kong's Hang Seng Index shed 0.16% (46.08 points) to 28,425.54. South Korea's Kospi Index fell 0.12% (2.43 points) to 2,084.23.

To the New Zealand NZX 50 index, which fell 0.42% (44.59 points) to 10,656.84. On the other hand, Australia's S&P/ASX 200 index shed 0.41% (27.65 points) to 6,668.90.