Asian stocks open in red

Asian stocks fell, led by Japanese exporters, as the Democratic Party of Japan`s election victory drove the yen higher.

Japanese benchmark index Nikkei 225 fell 18.29 points, or 0.17%, to trade at 10,515.85.

Hong Kong`s Hang Seng index declined 271.49 points, or 1.35%, to trade at 19,827.13.

China`s Shanghai Composite decreased 103.22 points, or 3.61% to trade at 2,757.46.

Taiwan`s Taiex index dropped 30.62 points, or 0.45%, to trade at 6,779.24.

South Korea`s Kospi index lost 16.12 points, or 1% to trade at 1,591.82.

Singapore`s Straits Times sank 19.15 points, or 0.72%, to trade at 2,623.65. (7.42 a.m., IST)