Hong Kong and Japanese markets recorded gains for the second consecutive day on Tuesday, Aug. 29. The Hang Seng Index in Hong Kong increased by 1.9% to reach 18,484.03, while the Nikkei 225 Index of Japanese companies rose by 0.2% to 32,226.97.

In China, the Shanghai Composite Index climbed by 1.2% to reach 3,135.89, and Singapore's FTSE Straits Times Index saw a 0.3% increase to 3,222.19. South Korea's KOSPI Composite Index rose by 0.3% to 2,552.16, and Australia's S&P/ASX 200 Benchmark Index added 0.7% to reach 7,210.50.

Standout Performers and Decliners

Among the constituents of the Hang Seng Index, the greatest increase on Tuesday was seen by real estate services/transactions company Country Garden Holdings, with shares surging by a significant 12.3%. Meanwhile, property managers firm Country Garden Svcs and semiconductors company Semiconductor Mfg Intl experienced gains of 9.9% and 7.2%, respectively.

In terms of decliners in Hong Kong, shares of marine transport company Orient Overseas Intl fell by 1.2% on Tuesday.

Looking at the Nikkei 225 Index constituents, electric power generation company Tokyo Electric Power witnessed the largest increase on Tuesday, with shares rising by 5.3%.

Shipbuilding firm Mitsui E&S and glass/glass products company Nippon Sheet Glass gained 4.5% and 3.5%, respectively. However, semiconductors company Renesas Electronics saw the largest decrease, with shares declining by 2.0%.

Shares of measuring/precision instruments firm Keyence and toys/games company BANDAI NAMCO Holdings fell by 1.5% and 1.4% respectively.

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