Asia Pacific stocks set for mixed open; China says its May factory activity expanded

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Asia Pacific stocks set for mixed open; China says its May factory activity expanded
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Stocks in Asia Pacific were set to kick off the trading week in mixed territory as a Chinese data release over the weekend showed the country's factory activity expanding in May.

Futures pointed to a mixed open for Japanese stocks. The Nikkei futures contract in Chicago was at 21,825 while its counterpart in Osaka was at 22,000.

Looking ahead to Monday, a private survey of China's manufacturing activity is expected to be released at 9:45 a.m. HK/SIN, when the Caixin/Markit manufacturing PMI is set to be out., which tracks the greenback against a basket of its peers, was at 98.217 after declining from levels above 99.6 last week.

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