Asia-Pacific shares set for positive start; China economic data releases ahead

Asia-Pacific shares mixed as investors react to China industrial, retail figures – A slew of Chinese economic data, including the country’s industrial output and retail sales for April, was released on Monday – Investors also monitored the price of bitcoin after Tesla CEO Elon Musk implied in a Twitter exchange Sunday that the electric vehicle maker sold or may sell the rest of its holdings in the cryptocurrency. SINGAPORE — Shares in Asia-Pacific were mixed in Monday morning trade as investors reacted to the release of Chinese economic data. Mainland Chinese stocks were higher, with the Shanghai composite up about…