Asian markets mixed, Hong Kong stocks jump 1.4%

Asian stock markets opened mixed on Monday, according to Mettis Global, as investors weighed a softer-than-anticipated Japanese growth reading against gains in China and Hong Kong. Japan's economy expanded by an annualised 1.1% in the second quarter, below the 2% pace the market had anticipated, CNBC reported. Japan's Nikkei 225 rose 0.4% while the Topix eased 0.11%, Australia's S&P/ASX 200 slipped 0.39%, and South Korea stayed shut for a public holiday.

In Hong Kong, the Hang Seng Index jumped 1.4% and mainland China's CSI 300 nudged up 0.13%. U.S. stock futures were little changed overnight, with Dow futures adding 11 points, or 0.02%. On Wall Street, the S&P 500 finished the prior week at fresh record highs, extending its winning run to three straight weeks on the back of solid corporate earnings. Middle East tensions and high expectations around AI-linked shares, however, remain in focus for investors.