• China-related stocks are set to open lower Tuesday amid growing investor concern over Beijing’s ability to correct an economic slowdown. The Wall Street equity rally took a breather ahead of the release of key US data.
  • Futures show Hong Kong shares may fall more than 1%, with Shanghai’s benchmark also set to edge down. Sydney stocks opened steady and Tokyo’s looked set to dip following the S&P 500’s move lower overnight. Tesla Inc. sank over 7%. Nvidia Corp. climbed 3.6%, overtaking Saudi Aramco to become the world’s third-most valuable public company.
  • In Asia, focus will be on the annual parliamentary meetings in Beijing and in particular the government’s annual work report at the parliament’s opening Tuesday, where Premier Li Qiang is expected to repeat last year’s growth target of about 5%.