Asian equities traded mixed today as Wall Street’s risk-on mood faded a day after the rally in big tech. 

Mainland Chinese stocks returned under pressure despite fresh signs of an earnings recovery among the country’s tech giants.

The selling in mainland China came even as internet giant Baidu released financial results that showed its revenue rose the most in more than a year. 

The company reported a larger-than-projected jump in sales for the June quarter as its net income rose 43%.

On Money in the Market, Emaad Akhtar speaks to Danish Lim, Market Analyst, Philip Nova, to make sense of these market movements.

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