Asia-Pacific markets trade mixed on Monday; stocks in mainland China spiked over 6% on mixed PMI data, while Japan’s Nikkei tumbled 4.64% on Monday on Ishiba's dovish remarks and as investors assessed key economic data from the two countries.

Mainland China stocks saw a significant surge, with the CSI 300 index jumping over 6%, driven by gains in the property sector, which rose 7.4%. In contrast, Japan’s Nikkei 225 tumbled by 4.64% on Monday,

Japan's August retail sales climbed 2.8% year on year, beating Reuters poll estimates of a 2.3% rise, and up from a revised 2.7% rise in July.