TOKYO – Asian stocks were mixed on Monday as benchmarks in Hong Kong and Shanghai fell after Beijing reported the news The Chinese economy gained momentum in the last quarter.
The benchmarks were higher in Tokyo, Sydney and Seoul. Oil prices fell. Market watchers are cautiously monitoring inflationary pressures and any signs of risk of regional slowdowns.
The second-largest economy grew 3.9% annually, up from 0.4% in the previous quarter, but that was still…