Asia-Pacific markets were set to open lower following declines on Wall Street, with investors also assessing economic data from the region and awaiting China's breifing on the property market.

Asia-Pacific markets trade mostly lower, with Japan’s Nikkei leading losses, following declines on Wall Street as chip stocks tumbled after Dutch giant ASML Holding cut its annual sales forecast. The Japan (NKY:IND) fall -1.

Shares in China have slumped as details of economic stimulus plans from officials in Beijing failed to meet investors' expectations, while other markets in Asia are higher.