Asian stocks were mixed but mostly higher, as traders awaited news from ongoing trade talks between Beijing and Washington. Hong Kong and Tokyo finished in the green, Shanghai fell back, while other regional exchanges were similarly mixed.
In Japan, the Nikkei 225 opened higher Tuesday and held its ground. The benchmark rose 165.07, or 0.82%, to 20,204.04, as gaining issues outnumbered losers 151 to 69.
Leading the upside were Tokai Carbon (TKCBY, 5301;Tokyo), up 13.5%, followed by camera-house Olympus (OCPNY, 7733:Tokyo), up 8.4%, and engineers Taiyo Yuden (TYOYY, 6976:Tokyo), higher by 6.2%.
On the downside were cosmetics maker Shiseido (SSDOY, 4911:Tokyo), losing 3.0%, and personal-products maker Kao (KAOCF, 4452:Tokyo), off 2.9%.
In other news, Japan Prime Minister Shinzo Abe directed ministries to mull countermeasures after plaintiffs in South Korea took legal steps to seize the local assets of Nippon Steel & Sumitomo Metal. The steelmaker has not complied with a South Korean court order to pay compensation for World War II-era forced labor.
Also, Japan has taken adequate measures to support the economy and so a national sales tax hike will go ahead as scheduled in October, Finance Minister Taro Aso said. The tax is slated to rise to 10% from 8%.
The Hong Kong Hang Seng opened Tuesday evenly, seesawed in a narrow range but finished up 0.15% as investors mulled the China-US trade talks.
The broad gauge Hang Seng rose 39.75 to 25,875.45.
Leading the upside were knitwear-maker Shenzhou International (2313:HK), gaining 4.0%, followed by Apple (AAPL)-supplier AA Technologies (2018:HK), up 3.6%, and then pork-purveyor WH Group (288:HK), up 3.5%.
On the downside were Geely Automotive (175:HK), tumbling 11.3%, and developer Country Garden (2007:HK), off 2.1%.
On the mainland, the Shanghai Composite fell 0.26% to 2,526.46.
Chinese importers on Monday made their third large soybean purchase in less than a month from the US, two traders with knowledge of the deals told Reuters.
On other exchanges, the S. Korean Kospi declined 0.58%; the Taiwan TWSE fell 0.28%; the Australian ASX 200 inclined 0.69%; the Singapore Straits Times Index rose 0.65%, and the Thai Set edged up 0.08%. In late trading in Mumbai, the Sensex was up 0.36%.