- Asia-Pacific stocks mostly slipped on Monday.
- Chinese economic data, including the country's third-quarter gross domestic product and September industrial production, was released on Monday.
- Oil prices were higher in the afternoon of Asia trading hours, with U.S. crude futures gaining 1.08% to $83.17 per barrel.
SINGAPORE — Stocks in Asia-Pacific mostly slipped on Monday as investors reacted to the release of key Chinese economic data.
In mainland China, the Shanghai composite slipped 0.12% to close at 3,568.14 while the Shenzhen component declined 0.458% on the day to 14,350.02. The Hang Seng index in Hong Kong fell anpit 0.4%, as of its final hour of trading.
China's gross domestic product grew 4.9% in third quarter, official data showed Monday. That was below expectations of analysts in a Reuters poll for a 5.2% expansion. Industrial production also missed forecasts, rising 3.1% in September, against expectations in a Reuters poll for a 4.5% increase.
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Shares in Australia outperformed, with the S&P/ASX 200 advancing 0.26% to close at 7,381.10.
MSCI's broadest index of Asia-Pacific shares outside Japan declined 0.25%.
Oil prices rise
Shares of oil companies also advanced on Monday, with Australia's Beach Energy up 2.77% while Santos climbed 1.36%. In Japan, Inpex's stock surged 4.88%. Hong Kong-listed shares of CNOOC also gained 1.27% in afternoon trade.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 94.13 after a recent weakening from above 94.2.
The Japanese yen traded at 114.32 per dollar, having weakened late last week from below 114.1 against the greenback. The Australian dollar changed hands at $0.74, largely holding on to gains after last week's climb from below $0.732.