Asia-Pacific Markets Show Varied Performance Ahead of China's PMI Data Release

Market Overview: Asia-Pacific markets opened mixed following a positive performance from U.S. major indexes on Friday, with Hong Kong's Hang Seng index futures showing an increase and South Korea's Kospi rising by 1.04%.

China's Manufacturing Data: Investors are anticipating China's manufacturing activity figures, with economists predicting a slight decline in the purchasing managers index (PMI) to 50.9, while the official PMI has already reported a contraction to 49.0, the lowest in six months.

Australia's Monetary Policy: The Reserve Bank of Australia is beginning a two-day monetary policy meeting, with expectations of maintaining current rates after recent inflation data exceeded forecasts.

U.S. Market Performance: On Friday, the Nasdaq Composite rose by 0.61%, the S&P 500 increased by 0.26%, and the Dow Jones Industrial Average closed slightly higher, reflecting a positive trend in the U.S. markets.