Stocks in Asia Pacific were mixed on Tuesday as the Reserve Bank of Australia kept its policy settings on hold.
In Japan, the Nikkei 225 index came down from the sharp gains of Monday, losing 99.75 points, or 0.4%, to 22,614.69.
The Japanese yen traded at 107.56 per U.S. dollar following an earlier high of 107.22.
In Hong Kong, the Hang Seng index dropped 363.5 points, or 1.4%, to 25,975.66.
The RBA announced Tuesday its decision to maintain its current policy.
Following the RBA decision, the Australian dollar changed hands at $0.6944 after seeing an earlier high of $0.6997.
CHINA
In Shanghai, the CSI 300 gained 28.04 points, or 0.6%, to 4,698.13.
On Monday, the Shanghai composite soared nearly 6% after the state-owned China Securities Journal said investors should look forward to the "wealth effect of the capital markets” and the prospect for a "healthy bull market."
In other markets
In Korea, the Kospi gave back 23.76 points, or 1.1%, to 2,164.17
In Singapore, the Straits Times Index lost 28.19 points, or 1.1%, to 2,661.42
In Taiwan, the Taiex index forked over 23.73 points, or 0.2%, to 12,092.97
In New Zealand, the NZX 50 moved higher 87.53 points, or 0.8%, to 11,473.73.
In Australia, the ASX 200 dipped 1.68 points to 6,012.92.
