Chinese blue chips dropped 0.84%, and Hong Kong's Hang Seng suffered a 2.9% slide. Japan's Nikkei slumped 2.78%, and South Korea's Kospi declined 2.78%.
MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2% in early Asian trade, weighed down by drops of 1.5% in Hong Kong, 0.8% in resources-heavy Australia and 1.6% in South Korea. Japan's Nikkei fell 1.2%.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.15%, recouping most of its losses in the previous session, while Japan's Nikkei 225 index was up 1%.
MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1%, while Japan's Nikkei eased 0.3%. S&P 500 futures and Nasdaq futures both edged up 0.1%.