Asian stock markets broadly fell sharply on Tuesday, with Hong Kong's Hang Seng Index opening down 99 points, or 0.41%, at 24,172 points. The China Enterprises Index fell 0.39%, and the Hang Seng Tech Index dropped 0.96%. In mainland China A-shares, the Shanghai Composite Index fell 0.96%, the Shenzhen Component Index dropped 1.79%, and the ChiNext Index declined 2.18%. In Tokyo, the Nikkei 225 opened down 0.67% and at one point fell 1,915 points during the session. South Korea's KOSPI Index plunged 429 points at one point during the session. Brent crude futures rose to $105.9 per barrel, nearing a two-week high, influenced by geopolitical developments such as the Middle East conflict and the Russia-Ukraine situation. Analysts pointed out that overnight sell-offs in Wall Street chip stocks, rising oil prices, and position adjustments ahead of inflation data and earnings season collectively led to risk-off sentiment in Asian markets. The DXY hovered near an 18-month high.