• Chinese stocks look set to face a reality check amid signs the initial optimism over rescue measures that prompted the biggest rally in more than a year is fading. US shares rose on speculation over a soft landing as the economy remains resilient.
• Futures for equities in Hong Kong fell, while a gauge of US-listed Chinese companies slipped amid declines for Baidu Inc., Yum China Holdings Inc. and Alibaba Group Holding Ltd. The pullback comes after the biggest three-day rally in Hong Kong and China equities since 2022, on bets the latest efforts from Beijing will support the economy and backstop stock markets.
• Elsewhere in Asia, contracts fell for shares in Japan. Markets in Australia and India are closed for holidays.