Chinese stocks came under pressure on Tuesday after a disappointing update from the government tempered some of the exuberance that has propelled Chinese equities out of a bear market in recent weeks.

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.

Oil futures in Shanghai also gained at the open, but that’s just the local price catching up with moves higher in global crude markets seen in recent sessions given the tensions in the Middle East.