Asia stocks opened lower, trailing losses on Wall Street, and were trading in the negative on Monday morning.China stocks, however, bucked the regional trend and both the Shanghai and Shenzhen indices were trading over one percent higher at 10:00 a.m Hong Kong/Singapore time.
Trading on the Hang Seng in Chinese broker Huatai, the biggest IPO in Asia so far this year, opened flat.
Earlier, China's official manufacturing PMI came in at 50.2, in line with forecasts, and rose slightly from April's 50.1.
The services PMI fell slightly, to 53.2, from 53.4 in April.
A little later, the China final HSBC PMI was released in at 49.2, down for the third straight month.
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