SINGAPORE — Shares in Asia-Pacific edged higher in Tuesday morning trade as several major Chinese tech stocks in Hong Kong remained under pressure following a Monday tumble.
The broader Hang Seng index in Hong Kong gained 0.4%, after seeing a more than 4% plunge yesterday on the back of regulatory fears on China’s technology and private education sector.
In Australia, the S&P/ASX 200 climbed 0.4%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.26% higher.
Overnight on Wall Street, the S&P 500 gained 0.24% to 4,422.30 while the Dow Jones Industrial Average edged 82.76 points higher to 35,144.31. The Nasdaq Composite was fractionally higher at 14,840.71. The gains left all three major indexes stateside closing at new record highs.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 92.596 after a recent fall from above 92.8.