Hong Kong stocks pushed higher Monday, setting aside data released Friday that U.S. jobs growth expanded at a much slower-than-anticipated pace in December.
The Hang Seng Index gained 0.4% and the Hang Seng China Enterprises Index rose 1%.
Stock in Aluminum Corp. of China Ltd., or Chalco stood out by surging 8.5% after the company projected its 2013 operating results will swing to profit.
Also up were shares of Lenovo Group Ltd., tacking on 1.7%.
The Shanghai Composite Index slid 0.2% to its lowest level in five months. The gauge has lost 5% this year amid signs of slowing economic growth.
Japanese financial markets will be closed in observance of Coming-of-Age Day.
Australia stocks tilted lower early Monday as the Sydney markets reacted to last week's disappointing jobs numbers out of the U.S.. Australia’s S&P/ASX 200 Index slipped 0.4%.
Financial major Macquarie Group Ltd. fell 1.8%, mall developer Westfield Group Australia retreated 0.6%, and media firm News Corp. gave up 1.3%.
But BHP Billiton Ltd. gained 0.6%, Rio Tinto Ltd. added 0.9%, Alumina Ltd. rallied 4.5%, and Fortescue Metals Group Ltd. improved by 1.2%. A strong showing for Comex gold on Friday also sent Newcrest Mining Ltd. up 3.5% and Evolution Mining Ltd. surging 8.8%.
Shares of Telstra Corp. inched 0.1% higher after agreeing to sell 70% of its Sensis directories business to a U.S. private-equity firm at a price of about $400 million.
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