Asia markets live: RBNZ, RBI decision,

Chinese stocks sold off in a volatile day of trading amid mixed Asia-Pacific markets Wednesday.

The mainland CSI 300 dropped 7.05%, snapping a 10-day winning streak and closing at 3,955.98, while Hong Kong’s Hang Seng index tumbled 1.7% as of its final hour of trade in a volatile session. On Tuesday, the HSI recorded its worst day in 16 years, closing 9.41% lower.

Japan’s Nikkei 225 climbed 0.87% to 39,277.96, while the broad-based Topix gained 0.3% and ended at 2,707.24.

Australia’s S&P/ASX 200 was up 0.13%, closing at 8,187,4.

Investors are focused on policy decisions from the Reserve Bank of New Zealand and the Reserve Bank of India.

New Zealand’s central bank slashed its policy rate by 50 basis points to 4.75%, while the RBI held rates at 6.5%.

South Korea’s markets are closed for a public holiday.