Japan's Nikkei Average futures experienced significant volatility in early trading, initially dropping by as much as 6% before rallying to a decline of 0.85%. The Nikkei also saw a decline of 3.1% at one point during the session, reflecting broader market movements in Asia. In China, the Shanghai Composite Index opened down 30.52 points, or 0.91%, but later reversed its losses to end the session up by 0.02%. The Hang Seng Index in Hong Kong opened down 564 points, or 2.43%, while the FTSE China A50 Index futures also started the day with a decline of 2.76% but turned positive by the end of the session. Other Asian markets showed mixed signals, with the Kospi recovering 1.1% from its day's low but remaining in the red, indicating a day of varied performances across the region.