Hong Kong stocks led gains in Asian markets on Tuesday, with the Hang Seng index rising by 2.7% and the Shanghai Composite index up by 0.1%. However, China real estate developer Vanke saw a significant slump of over 10% in its Hong Kong-listed shares following a report of a 50.6% decrease in core profit for 2023 and no dividend payout.
In other parts of Asia, Tokyo's Nikkei 225 index recovered from Monday's decline, climbing by 0.3%. South Korea's Kospi edged 0.1% higher, while Australia's S&P/ASX 200 gained less than 0.1% despite a contraction in its manufacturing sector index.
