Asian stocks eased down on Tuesday after China's trade data indicated that domestic demand continued to weaken in June. Imports rose only by annualized 6.3% in June, confronting expectations for a 12.7% increase. Hang Seng Index lost 0.16% over the trading day. Meanwhile, concerns that regulators will continue China's prudent property policies weighted down on property developers, with Sino Land and Henderson Land dropping by 0.97% and 0.45%. At the same time, refiners pared losses after the government announced that it will cut gasoline and diesel price less than extend of recent fall in the country's crude basket. PetroChina advanced 1.1% while China Petroleum & Chemical Corp lost 1.2%.