Asia markets gained on Tuesday morning as investors shrugged off the disappointment from the current U.S. administration's ability to push through legislation to repeal and replace the Obama-era health-care law.
The Nikkei 225 in Japan regained 217.28 points, or 1.1%, to 19,202.87, recovering most of its losses from the previous session.
The Hang Seng Index in Hong Kong recovered 152.17 points, or 0.6%, to 24,345.87
Fujitsu and Lenovo Group announced the postponement of their target date for a final deal on their personal computer business tie-up to sometime in the first-half of 2017, the Nikkei business daily reported. Shares of Fujitsu were up 3.4% and the Hong Kong-listed Lenovo was up 3.3%
In Hong Kong , Guotai Junan Securities will kick off its IPO subscription. It plans to raise HK$16.04 billion ($2.1 billion U.S.), and has priced the IPO already, at HK$15.84 per share.
China Southern Airlines shares were up 0.8%, while other major Chinese carriers were negative. The carrier said it was raising 1.55 billion Hong Kong dollars ($255 million U.S.) from selling H-shares to American Airlines group, and will use the net proceeds for general working capital.
Related securities such as Shanghai-listed Guotai Junan Securities fell 0.7% and Hong Kong-listed Guotai Junan International was down 2.3%
Australian stocks staged a recovery of their own, underpinned by strength in the energy sub-index, which was up 1.5%, and the materials sub-index, which was up 1.1%
Australia's Myer dropped 5.2% after rallying about 18% yesterday, amid speculation that a takeover bid was on the cards, although no one has made an announcement.
South Korean issues found their way up after the country revised its fourth-quarter gross domestic product up 2.4% year-on-year, from the 2.3% expected gain. For the full year, the economy grew by 2.8%, expanding at a similar rate to 2015
Against the U.S. dollar, the yen was stronger at 110.6 and the Australian dollar was weaker at $0.7587 U.S., earlier above the $0.76 handle.
In other markets
In Shanghai, the CSI 300 slumped 8.23 points, or 0.2%, to 3,469.81
The Kospi Index in Korea gained 7.65 points, or 0.4%, to 2,163.31
In Taiwan, the Taiex eked back 0.32 points to 9,876.45
In Singapore, the Straits Times Index perked 30.94 points, or 1%, to 3,157.82
In New Zealand, the NZX 50 inched up 2.52 points to 7,065.23
In Australia, the S&P/ASX 200 hiked 74.54 points, or 1.3%, to 5,821.23
