Asia-Pacific markets traded mixed as investors assessed trade developments between the U.S. and countries in the region, with focus also on Asian currencies that reversed course to weaken Tuesday as the dollar appreciated.
In Hong Kong, the Hang Seng heightened 158.03 points, or 0.7%, to 22,662.71.
CHINA
China stocks resumed trading after the Labor Day holidays amid signs of Washington and Beijing taking a more conciliatory approach to resolving trade disputes after resorting to tit-for-tat tariffs.
In China, the CSI 300 gained 37.97 points, or 1%, to 3,808.54.
Mainland China’s CSI 300 index climbed 1.01% to end the day at 3,808.54, its highest level since April 3. Meanwhile, Hong Kong’s Hang Seng Index added 0.7% to close at 22,662.71.
China’s Caixin services purchasing managers’ index came in at a seven-month low of 50.7 in April, compared to 51.9 in the previous month.
In other markets
Markets in Japan, and Korea remained closed
In Singapore, the Straits Times Index nicked ahead 7.34 points, or 0.2%, to 3.840.41.
In Taiwan, the Taiex Index docked 10.4 points, or 0.05%, to 20,522.59.
In New Zealand, the NZX 50 squeezed ahead 0.16 points to 12,421.09.
In Australia, the ASX 200 lost 6.35 points, or 0.1%, to 8,151.44
