Asian stocks hit three-week lows in early trade Tuesday as China gloom spreads(Update)

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent. Tokyo's Nikkei sank 1 percent, with a stronger yen accelerating the decline. Australian shares were down 0.9 percent and South Korea's Kospi lost 0.5 percent, in early trade Tuesday July 28. (A Reuters picture shows an investor standing in front of an electronic board showing stock information at a brokerage house in Fuyang, Anhui province, July 27, 2015. China stocks plunged more than 8 percent, their biggest one-day drop in more than eight years.)

HONG KONG:  Asian stocks fell to three-week lows on Tuesday as a deepening rout in Chinese stocks erased risk appetite - sending investors flocking to safe-haven instruments such as government bonds and the Japanese yen.

MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> fell 0.8 percent in early deals, its lowest level since July 9 as mainland Chinese indexes opened 2- 5 percent lower.