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Asia Markets: Asian markets struggle to recover from Tuesday’s big losses

Asian markets struggled to recover Wednesday from the previous day’s losses, with indexes around the region mixed in early trading.

Chinese stocks fared the worst, adding to Tuesday’s plunge and moving them closer to bear-market territory. The Shanghai Composite SHCOMP, +0.29% was off 0.9%, with utilities and energy again noted laggards. After a 5.8% plunge Tuesday, the Shenzhen Composite 399106, +1.19% was off 0.8%.

Hong Kong stocks HSI, +1.05% retreated after starting modestly higher, after Tuesday’s selling left the Hang Seng near 2018’s closing low. Major insurer AIA 1299, +2.08% was an early standout, rising 1.1%.

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