Asian markets opened higher on Tuesday after the US stock market rallied to the edge of an all-time high.

In Hong Kong, the benchmark Hang Seng Index opened up 81 points, or 0.31 percent, at 26,090 before dipping into the red to the tune of 151 points, or 0.58 percent, at 25,857 in early trading.

The tech index was up 14 points, or 0.3 percent, at 4,890 while the China enterprises index was 15 points, or 0.18 percent, higher at 8,667.

Across the border, the Shanghai Composite Index opened up six points, or 0.18 percent, at 3,816.

The Shenzhen Component Index rose 124 points, or 0.93 percent, to 13,572 while the ChiNext Index 50 points, or 1.54 percent, higher at 3,353.

In Tokyo, the Nikkei opened up 240 points, or 0.36 percent, at 63,995 before reversing direction to be 366 points, or 0.58 percent, down at 63,388 at one stage before lunch as investors remained wary of further yen-buying intervention and awaited Toyota Motor's quarterly results later in the day.

In Seoul, the Kospi opened up almost 94 points, or 1.5 percent, at 6,351 before slipping down to 16 points, or 0.26 percent, lower at 6,241 at one stage before noon as concerns over AI-related spending outweighed support from data showing inflation slowed more than expected in July. (Reuters & Xinhua)



Edited by Wendy Wong