Asia stocks mixed after China data

 Asian equity markets were mixed on Monday as investors digested key data from the world's second-biggest economy. But volumes in the region were light with Hong Kong, Taiwan and South Korea shut for the Mid-Autumn Festival. Chinese industrial profits declined 8.8 percent on year in August, worse than July's 2.9 percent fall, the National Statistics Bureau announced at the market open. For the first eight months of the year, profits slid 1.9 percent as forty-two straight months of tanking producer prices erodes earnings growth.



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