Shanghai, China (BBN)-Shares across Asia were in negative territory in early trading on Monday after a poor week on Wall Street.
Markets also opened after manufacturing activity in the world’ second largest economy, China, was at a 15-month low at the end of last week, reports BBC.
The mainland’s benchmark index, the Shanghai Composite, was down 1.4 per cent to 4,015.89 points.
Hong Kong’s Hang Seng index traded 1.6 per cent down at 24,731.69 points.
In Japan, the country’s benchmark Nikkei 225 index fell 0.4 per cent to 20,471.20.
Investor mood was also held back by the yen strengthening against the US dollar, making exports more expensive.
Traders are looking at a week of earnings, with Cannon and online broker Monex to report results on Monday.
Nissan, Panasonic and Nintendo will be among the big names reporting results later in the week.
In South Korea, the Kospi index was down by 0.3 per cent to 2,040.56 points.
Daewoo Shipbuilding shares heavily fluctuated in early trade dropping as much as 4 per cent on media reports suggesting poor earnings for its second quarter results.
Australian shares traded flat with sentiment weighed down by the ongoing slump in commodity prices.
The country’s ASX/200 remained unchanged at 5,561.70 points.