Asian equites closed mixed on Tuesday as Beijing announced fresh new crackdown on tech sector and on potential delisting of Chinese stocks in the U.S.
Shares in the Mainland China closed nearing 1% while Hong Kong saw sharp decline amid slump in tech shares. South Korea, Thailand and Japan closed higher.
Traders are awaiting for release of bank’s benchmark rates in China which is to be released on Wednesday.
Futures on the S&P 500 were steady and contracts on the Nasdaq 100 rose. Treasury yields ticked up after St. Louis President James Bullard voiced for interest rates hike by 75 basis points.
Crude oil pared gains with the WTI trading around $106 a barrel while Brent trading around $111 a barrel.