Equities subdued on mainland bourses

Equities on the Chinese mainland tracked the global sell-off on Tuesday and edged down on concerns over escalating trade friction between the United States and other nations.

The benchmark Shanghai Composite Index fell by 0.52 percent to 2844.51 points, with real estate and airline shares leading the decline amid a falling yuan. The Shenzhen Component Index closed 0.16 percent higher at 9339.37 points. The ChiNext Index, which tracks China's Nasdaq-style board of growth enterprises, gained 1.71 percent to close at 1564.92 points.

"There are many uncertainties in the trade war initiated by the US, so investors have to cash out to prevent risks," said Li Shuguang, a finance professor at the China University of Political Science and Law. "A shares tracked the global sell-off on Monday."