Key Takeaways Chinese stocks hit resistance on Tuesday after an update from the government on economic stimulus failed to meet investor expectations.The announcement of stimulus measures, including lowering interest rates and freeing up capital at banks,

Chinese stocks listed onshore headed for their first decline in 11 days as traders grew impatient with the pace of Beijing’s stimulus measures, with sentiment also hurt by weak holiday-spending data.

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.