Elsewhere in Asia, the region's largest index, Japan's Nikkei 225 finished 3.2% higher on Wednesday at 18,376.83 points.
The Nikkei's gains come after a painful week for the Tokyo index, which had shed more than 8% in the past two sessions.
South Korea's Kospi index was also in positive territory, closing 2.6% higher at 1,894.29 points, while in Australia, the S&P/ASX 200 finished 0.7% up at 5,172.80.
Overnight, European and US markets saw another session of volatile trading.
Wall Street's Dow Jones closed 1.3% down, marking the sixth consecutive day of falls for US stocks.
London's FTSE 100 index closed up 3%.
Major markets in France and Germany both gained more than 4%.