A person wearing a protective mask walks past signage for Hong Kong Exchanges & Clearing Ltd. (HKEX) displayed at the Exchange Square complex in Hong Kong, China, on Wednesday, Aug. 19, 2020.
Roy Liu | Bloomberg via Getty Images
Hong Kong stocks were volatile while mainland China markets continued to slide Tuesday, while other major Asian markets rose after Wall Street's second straight positive session.
The Hang Seng index in Hong Kong was 0.1% lower at 15,165.59 after struggling for direction earlier in the session, with heavyweight HSBC falling more than 5% after reporting a drop in profits.
Hang Seng Tech index was nearly 2.96% higher.
Chinese tech stocks in the U.S. and the Hang Seng index and dropped sharply to start the week with investor sentiment turning following the conclusion of the China's party congress and the release of a slew of delayed economic data.
Mainland China's Shanghai Composite was about flat at 2,976.28, while the Shenzhen Component lost 0.512% to 10,639.82.
The Nikkei 225 added 1.02% to 27,250.28 and the Topix climbed 1.06% to 1,907.14. In Australia, the S&P/ASX 200 was up 0.28% at 6,798.60.
South Korea's Kospi was fractionally lower at 2,235.07, while the Kosdaq gained slightly to 688.85. The MSCI's broadest index of Asia-Pacific shares outside Japan was about flat.
Singapore's inflation increased 7.5% in September, with core inflation rising 5.3%, official data showed Tuesday.
Overnight in the U.S., the Dow Jones Industrial Average climbed 417.06 points, or 1.3%, to close at 31,499.62. The S&P 500 rose about 1.2% and closed at 3,797.34. The Nasdaq Composite added nearly 0.9% to end at 10,952.61.
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October 25, 2022 at 03:25PM
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Hong Kong markets dip after whipsawing, Asia-Pacific markets rise - CNBC
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