Asian equities advanced on Tuesday, as the morale of investors got a boost from the overnight rally on Wall Street. However, markets in China fell short of broader advances across the region amid jitters surrounding a crackdown on illegal futures trading and ongoing anti-corruption investigations into companies such as Dongfeng Motor Group.
China’s key Shanghai Composite index closed down 0.2 percent after turning negative in the afternoon trading session. Among other indexes, the blue-chip CSI300 index erased earlier gains to fall 0.3 percent and the smaller Shenzhen Composite nudged down marginally.
However, Hong Kong’s Hang Seng index outpaced its mainland peers to climb 1.1 percent.
In Japan, Markets in Japan are closed for the Culture Day holiday.