Crowds walk under neon signs on Nanjing Road. The street is the city's main shopping district and one of the busiest shopping districts in the world.
Nicada | E+ | Getty Images
The Asia-Pacific market rose primarily on Monday, with investors closely monitoring Chinese stocks.
Mainland China's CSI 300 fell 0.11% due to choppy trade, while Hong Kong's Hang Seng index rose 1.32%.
On Sunday, the Chinese government said:Special Action Plans to Promote Consumption“We will revive consumption by boosting people's income.
Other measures include plans to stabilize the stock and real estate markets and increase the country's fertility rate.
China's retail sales have increased by 4.0% from one year ago. Growth of 3.7% year-on-year In December, in line with Reuters estimates.
Meanwhile, urban investment in the country rose 4.1% year-on-year in the January-February period, surpassing Reuters' forecast of 3.6%.
In Japan, the benchmark Nikkei 225 rose 1.34%, while the broader Topix index rose 1.46%.
Korea's Kospi index rose 1.70%, while the small Kosdaq added 0.52%.
India's Benchmark Nifty 50 was up 0.71%, while BSE Sensex rose 0.47%.
Australia S&P/ASX 200 It rose 0.67% in the last hour of trade.
US futures fell to the state side on Sunday after finishing on negative territory behind the threat of new tariffs from Trump last week.
The Dow Jones industrial average rose 674.62 points (1.65%) to 41,488.19 on Friday. The S&P 500 rose 2.13% to close at 5,638.94, while the NASDAQ Composite rose 2.61% to settle at 17,754.09. It was the best day of 2025 for both the S&P 500 and Nasdaq.
Big tech stocks rattled earlier this week, rattling out a sharp recovery on Friday. Nvidia's shares rose by more than 5%. Tesla jumped nearly 4%, while Metaplatform scored nearly 3%. Amazon and Apple also rose.
– Lisa Kailai Han and Alex Harring of CNBC contributed to this report.
