Mainland China’s CSI 300 closed at its lowest since Feb. 28 on Tuesday, while most Asia-Pacific markets rose.
In Japan, the Nikkei 225 index climbed 368.5 points, or 1%, to 39,173.15.
Separately, investors in Asia assessed South Korea’s consumer sentiment index for June, as well as Japan’s service sector producer prices.
The services producer price index for Japan climbed 2.5% year on year in May, compared with the 2.7% rise in April.
In Hong Kong, the Hang Seng index recovered 45.19 points, or 0.3%, to 18,072.90.
South Korea’s consumer confidence index climbed in June to 100.9 from 98.4 in May. This comes amid growing optimism about living standards and future household income, as well as domestic economic conditions.
CHINA
In Shanghai, the CSI 300 declined 18.81 points, or 0.5%, to 3,457.90.
Reuters reported the Biden administration was probing three Chinese telecommunications firms over worries that Beijing could access American data through these firms’ cloud and internet businesses in the U.S.
Shares of all three firms named in the Reuters report, China Mobile, China Telecom and China Unicom, gained on Tuesday.
In other markets
In Singapore, the Straits Times Index gained 12.14 points, or 0.4%, to 3,326.28.
In Korea, the Kospi index regained 9.66 points, or 0.4%, to 2,774.19.
In Taiwan, the Taiex index regained 62.27 points, or 0.3%, to 22,875.97.
In New Zealand, the NZX 50 hiked 88.59 points, or 0.8%, to 11,716.45.
In Australia, the ASX 200 sprang back up 105.1 points, or 1.4%, to 7,838.79.
