Most Asian stock indexes falling on Thursday, as investors worried that China would continue its efforts to tighten monetary policy and take other steps to cool the booming economy, writes The Wall Street Journal.

China”s GDP in the fourth quarter grew 10.7% annualized rate, almost coincided with the forecast of economists surveyed by Dow Jones - 10,8%. Consumer prices in China in December increased by 1,9%.

Investors also fear that the tightening of monetary policy in China will reduce demand for raw materials.

Hong Kong Hang Seng stock index fell by 1%, Chinese Shanghai Composite - on 0,2%, Taiwan Taiex - on 0,9%.

“China has worked well in the recovery phase, and now he needs a little cool the economy. To be measures to tighten economic policy, but should be considered in the context of existing soaring economy,” - said one of the top managers of the Australian asset management company Platypus Prasad Patkar.

However, the Japanese Nikkei 225 stock index rising for the first time this week as market sentiment improved thanks to positive data on the earnings of South Korean electronics maker LG Display and chip maker Hynix Semiconductor.

“Everyone knows that the economy in Asia continue to grow, and Japanese companies will benefit from this,” - says Mitsusige Akion of Ichiyoshi Investment Management Co.

Rates shares

Industrial Commercial Bank of China Ltd. and China Construction Bank Corp. fell more than 1%.

market value of the third-largest oil company Australian Santos Ltd. fell 1.2% on news of the reduction of revenue in the fourth quarter.

world”s largest automaker, Toyota Motor Corp. capitalization increased by 2,7% due to the weakening yen.

price of securities of the world”s leading mining group BHP Billiton Ltd. fell by 1,4%, the third largest sector of the company Rio Tinto - by 2,8%. Commodity giants fear decline in metals prices in the event of a slowdown in economic growth in China.