Major stocks indexes in Asia were mostly lower on Thursday as U.S. futures pointed to another volatile session for Wall Street after Apple lowered guidance for first quarter and warned of weaker sales in China.
Over in the Greater China region, the Hang Seng index gave up earlier gains to slip 0.22 percent, as of its final hour of trade.
The mainland Chinese markets, watched in relation to Beijing's ongoing tariff fight with Washington, reversed its earlier gains. The Shanghai composite closed largely flat at about 2,464.36 while the tech-heavy Shenzhen composite fell 0.798 percent to finish its trading day at around 1,246.37. The Shenzhen component lost 0.837 percent to close at about 7,089.44.
The ASX 200 in Australia, however, rose 1.36 percent to close at 5,633.40, with all the sectors seeing gains. The energy subindex rose 2.97 percent as shares of oil-related companies saw gains on the back of Wednesday's strong rally in oil prices. Santos jumped 3.98 percent, Oil Search rose 2.59 percent and Woodside Petroleum advanced 3.44 percent.
"Asian markets may attempt to recover some of yesterday's losses but are likely to remain cautious for now and await further cues on the US," said OCBC Treasury Research in a morning note.
Japan's stock markets were closed for a holiday on Thursday.