06:40 AM EDT, 09/23/2025 (MT Newswires) -- Asian stock markets were uneven on Tuesday, with Hong Kong and Shanghai falling back on after a central bank official did not indicate monetary easing was on deck, while Seoul and Taiwan struck fresh record all-time highs on the global tech rally.

Tokyo was closed on holiday, while other regional exchanges were mixed.

In Hong Kong, the Hang Seng Index opened evenly but declined to the close, finishing off 0.7%.

The broad gauge Hang Seng fell 185.02 to 26,159.12 as losing issues outnumbered gainers 67 to 18. The Hang Seng TECH Index lost 1.5% on the day, while the Mainland Properties Index fell 2.2%.

Leading the upside was New Oriental Education & Technology, gaining 1.9%, while search-engine giant Baidu declined 5.4%.

On the mainland, the Shanghai Composite fell 0.2% to 3,821.83.

In economic news, late Monday the People's Bank of China Governor Pan Gongsheng, along with Beijing financial officials, signaled that the central bank would assess the economic outlook, but did not announce any policy changes, reported The South China Morning Post.

On the other regional exchanges, the S. Korean KOSPI rose 0.5%; the Taiwan TWSE added 1.4%; the Australian ASX 200 gained 0.4%; the Singapore Straits Times Index rose 0.1%, and the Thai Set declined 0.7%. In late trading in Mumbai, the Sensex was down 0.7%.

In other news, India's flash composite purchasing manager output (PMI) index, a combination of the nation's manufacturing and service sectors, struck a seasonally adjusted 61.9 in September, slightly cooling from 63.2 in August, but still well above the 50-mark that separates growth from contraction, reported S&P Global, citing its monthly survey.