Asian stock markets were mixed on Monday, despite an upbeat China data that showed China’s industrial output and retail sales rose more than expected in November. Shanghai Composite index increased to a five-week high of 2,973, at around 02:33 PM China time. Meanwhile, South Korea’s KOSPI fell 2.1 points or 0.1 percent to settle at 2,168. Also, Japan’s Nikkei dropped 70.8 points or 20.29 percent to close at 23,952. Hong Kong’s Hang Seng index lost 113 points or 0.41 percent to 27,574, at around 02:47 PM Hong Kong time.
