Stocks in Asia were mixed on Monday as recession fears continued to weigh on investors.
The Nikkei 225 fell 1.16% to 26,775.79 while Hong Kong's Hang Seng rose 0.5% to 16,662.19.
Japan's industrial production for August showed moderate signs of improvement, the government said. Industrial production rose 3.4% from the previous month, and 5.8% from the previous year, according to Ministry of Economy, Trade and Industry data released Monday.
In China, the Shanghai Composite rose 0.4% to 3,084.94.
China's ruling Communist Party opened Sunday and is expected to reappoint Xi Jinping as leader for the next five years. Analysts expect the meeting will reaffirm Xi's his grip on power and stronger state control over the economy. They expect no change to Beijing's “zero-COVID policy.”
Elsewhere:
In Australia, the S&P/ASX 200 was 1.4% lower at 6,664.40.
South Korea’s Kospi also recovered earlier losses and gained 0.32% to 2,219.71.
