Asian stocks advanced on Tuesday, led by a 2% surge in Hong Kong’s Hang Seng index, fueled by a continued rally in Chinese technology stocks ahead of key earnings from Baidu and Alibaba. Broader Chinese markets remained muted, but optimism over the country’s AI adoption and economic growth provided support. Australia’s ASX 200 fell 0.5% as the Reserve Bank of Australia (RBA) cut rates by 25 basis points but warned of future uncertainty due to strong labor markets and persistent inflation. Major Australian banks dragged the index lower, while BHP Group rose 0.5% despite reporting a six-year low in profits. Japan’s Nikkei 225 and TOPIX rose 0.6%, South Korea’s KOSPI gained 0.4%, and Singapore’s Straits Times index edged up 0.1%. Meanwhile, India’s Nifty 50 futures pointed to a negative open, reflecting continued concerns over growth and trade tariffs.