America News Agency

The mainland CSI 300 dropped 4.4 percent, while Hong Kong’s Hang Seng index climbed 0.7 percent in a volatile session. On Tuesday, the HSI recorded its worst day in 16 years, closing 9.41 percent lower.

Japan’s Nikkei 225 climbed 0.95 percent, while the broad-based Topix gained 0.29 percent. Australia’s S&P/ASX 200 was up 0.13 percent, closing at 8,187,4. 

Investors are focused on policy decisions from the Reserve Bank of New Zealand and the Reserve Bank of India. New Zealand’s central bank slashed its policy rate by 50 basis points to 4.75 percent, while the RBI held rates at 6.5 percent. South Korea’s markets are closed for a public holiday. 

Overnight in the U.S., stocks rose as oil prices eased. The S&P 500 gained 0.97 percent, and the Nasdaq Composite rose 1.45 percent. The Dow Jones Industrial Average added 0.3 percent.

Shares of Japanese video game company Nintendo fell as much as 2.32 percent, a day after Saudi Arabia’s Public Investment fund trimmed its stake in the company.

Japanese regulatory filings confirmed that the PIF cut its stake in the company to 7.54 percent from 8.58 percent.

This comes after a senior executive at the country’s mammoth sovereign wealth fund said it was considering raising stake in Nintendo, sending shares higher.