Asian stocks looked like they were heading for a second day of sharp losses on Tuesday, but after a few hours of trade investors had had enough and began bargain shopping.
Stocks were bought at a heavy discount after markets plunged on Monday when mainland China's stock crash spooked investors across the globe.
Mainland China's benchmark Shanghai Composite tumbled 3.2% to 3,106.71 points on Tuesday morning, adding to yesterday's 8.4% slump, but Hong Kong's benchmark Hang Seng index rallied 2.08% to 21,693.38 points.
Japan's benchmark Nikkei 225 index rose 0.86% to 18,701.00 points, while Tokyo's broader Topix gauge jumped 1.86% to 1,505.05 points.
Korea's benchmark Kospi index jumped 1.38% to 1,855.12 points in Seoul and the benchmark Australian S&P/ASX 200 index climbed 2.82% to 5,147.20 points in Sydney.
New Zealand's benchmark S&P/NZX 50 index was down 0.33% at 5,588.65 points this afternoon in Wellington, paring earlier losses which had the index down more than 1%.