Asia Markets: Asia stocks retreat broadly Tuesday after strong gains a day earlier

Stocks in Asia were broadly weaker early Tuesday following a China-led rally Monday in many markets. Mainland China stocks gave up more than 1%, matching declines in most of the region. Shanghai SHCOMP, -1.37% was about 1.2% lower, while the Shenzhen 399106, -1.23% was off about the same.

Indexes in Japan NIK, -2.28% , Hong Kong HSI, -2.29% , Korea SEU, -2.51% and Taiwan Y9999, -1.73% fell more than 1%, with the Nikkei faring the worst. The declines are outpacing the generally moderate declines seen in the U.S. and Europe to start the week.

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