DAVID HAFFENREFFER, CNN ANCHOR: A fall in markets here threatened to shake the Asian markets again overnight.</s>DEBORAH MARCHINI, CNN ANCHOR: Michelle Han wraps up the day's trading from the region from our studios in Hong Kong. Hello, Michelle</s>MICHELLE HAN, CNN CORRESPONDENT: Hi there, and thank you, David and Deborah. Asian markets opened sharply lower, prodded by big losses on Wall Street, but bargain hunting investors helped key bourses bounce back. In Tokyo, the Nikkei rebounded from a six-week low, inching up four-tenths of a percent. Financials and old economy stocks led the rally. Here in Hong Kong, the Hang Seng reversed its downward spiral and marched three-quarters of a percent higher. Property and telecom shares led the gainers. Internet and telecom play Pacific Century Cyberworks finally putting in a winning session after eight straight days of losses. It jumped 2.4 percent. China Mobile up 1.4 percent. Property giant Cheung Kong rose 2 3/4 of a percent. But South Korean shares remained in negative territory for the ninth straight session. The Kospi tumbled to 1 percent, extending Monday's 8 percent drop. Bruised chip maker Samsung Electronics finally moved out of the minus column. It shrugged off overnight losses on Wall Street and advanced 4 3/4 percent. And what's next for Asia? Many analysts here say it all depends on what happens today on Wall Street. And that wraps up business here in Asia. Back to you in New York.</s>HAFFENREFFER: Yes, we'll have to see. Thank you very much, Michelle.
Asian Markets Open Sharply Lower Following Wall Street Losses