Equity markets in Asia managed to recover from three-year lows on Tuesday amid volatile trading, though Chinese stocks continued to decline. The Shanghai Composite Index slipped 7.63%, while the smaller Shenzhen Composite Index fell 6%. Elsewhere, the Australian ASX 200 advanced 2.72%, Japan's Nikkei dropped 3.96%, while South Korea's Kospi rose 0.92%. Despite the sell-off in Chinese shares, Beijing did not step in with fresh support measures.