Mixed course in Asian stock markets

Stocks in Asia-Pacific were mixed on Monday as mainland Chinese markets resumed trading after the week-long New Year holiday.

Chinese onshore stocks are heading for a bull market. Tracking the biggest stocks trading on the mainland, the CSI 300 gained nearly 20 percent from its latest lows at the end of October last year.

The Shenzhen Component rose 1.4 percent, leading profits. Shanghai Composite rose 0.55 percent, while Hong Kong’s Hang Seng index traded 0.9 percent lower.

In Japan, Nikkei 225 rose 0.14 percent, while Topix rose 0.33 percent. South Korea’s Kospi lost 0.26 percent, while the Kosdaq fell 1.2 percent.

S&P/ASX 200 slightly off the straight line in Australia under was. Investors also appreciated the trade data from New Zealand.

Stocks on Wall Street closed higher last Friday, with benefits in Tesla shares and a better-than-expected GDP report on Thursday. All major averages reported a positive week and are on track for one-month gains.