Asian markets were traded mixed on Tuesday, as stocks in Hong Kong and mainland China sank after posting early-session gains.
In Asia, the SGX Nifty surged 0.73%,straits times rose 0.12% whereas the Hang seng plunged 1.34%, Kospi lost 1.01%, shanghai composites declined 0.93%, Jakarta composites fell 0.77%,Nikkei 225 dived 0.61%, set composites lost 0.13%.
Hong Kong stocks fell to the lowest level since January as investors spooked by heightened domestic regulatory risks.
European stocks retreated on Tuesday as concerns over a third wave of Covid infections in the region rattle investor sentiment.
In Europe, the France’s CAC lost 0.63%, the Germany’s DAX 30 plunged 0.53%, and the U.K’s FTSE fell 0.35%.