Asia Markets: China stocks climb, but Taiwan equities tumble as rising COVID-19 cases force fresh restrictions


Source: marketwatch.com marketwatch.com

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Asian stocks saw a mixed session on Monday, with Chinese stocks rising despite data showing the pace of growth slowing. In Taiwan, markets slid amid new restrictions to battle outbreaks of COVID-19. Japan’s Nikkei 225 NIK, -0.92% fell 0.9% and the Kospi 180721, -0.60% in Seoul dropped 0.6%. Stocks in Taiwan Y9999, -2.99% tumbled 2.9%, and stocks in Indonesia fell over 2%. Singapore STI, +0.76% managed a 0.9% gain. Australia’s S&P/ASX 200 XJO, +0.13% rose 0.1%. The China CSI 300 index 000300, +1.46% rose 1.4% and the Hang Seng HSI, +0.59% added 0.7%. Fresh data out of China showed an...