Chinese stocks struggle without momentum

The Shanghai Composite Stock Price Index fell 0.4% to 2,963, and the Shenzhen Composite Stock Price Index rose 0.2 percent to 8,818, resulting in mixed transactions.

According to official data released on Monday, the growth rate of the Chinese economy fell short of expectations, making it the weakest increase in the past year.

Industrial production growth exceeded expectations, but it slowed to a 3-month low, and retail sales fell to a 17-month low.

In terms of monetary policy, the People's Bank of China left the medium-term loan interest rate unchanged at 2.5%.

In company-related news, companies that are heavily dependent on Chinese business activities and Chinese stocks listed on US exchanges fell amid growing concerns about a potential trade war.

The decline in Bo Technology (-7.4%) and Ceres Group (-5.7%) was noticeable.