Hong Kong's Hang Seng Index rose 0.6% to 23,525 points on Tuesday, while mainland Chinese markets continued to struggle despite regulators' latest efforts to stabilize the sliding stock market. The Shanghai Composite Index fell 0.82% to 3,608 points, and the ChiNext Index plunged 2.73% to 2,391 points. Regulators on Monday responded with measures aimed at funding stock purchases by brokers, funds, and companies, and reportedly instructed banks to hold off on new listings or large share sales. However, fund managers like Chen Jiande stated these measures were "below expectations," with many investors taking advantage of any rebound to exit positions.