Asia-Pacific markets trade mixed on Wednesday, with China stocks plunging more than 5% as the rally driven by Beijing’s stimulus measures started to fade. Investors also awaited minutes of the Federal Reserve’s last meeting to gain fresh insights on the monetary policy path.

Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors sought to profit from a blistering rally, which was dampened by the lack of powerful stimulus measures to revive the economy.

On Tuesday, hashtags about China's stock market — including the apt #A-shares rollercoaster — rushed to the top of Weibo's trending list. A-shares are stocks of Chinese compan

Mainland Chinese markets rallied Tuesday but were well off their morning highs, while Hong Kong suffered its worst day in 16 years on disappointment at a lack of detail on

China's stock markets roared back from a week-long break to reach their highest levels in more than two years at the open, before paring gains after officials failed to inspire confidence in stimulus plans intended to revive the economy.