Asian stocks turned in a mixed performance on Monday as concerns persisted about a recent surge in global bond yields and the prospects of a global economic recovery.
Chinese shares rallied as China kept its benchmark lending rate for corporate and household loans unchanged for an 11th straight month at its March fixing, as widely expected.
The benchmark Shanghai Composite Index jumped 38.78 points, or 1.1 percent, to 3,443.44, while Hong Kong's Hang Seng Index edged down 0.4 percent to 28,885.34.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.