Stocks in Asia saw gains on Monday after Presidents Donald Trump and Xi Jinping agreed to a temporary trade truce between the United States and China.
The mainland Chinese markets, closely watched as a result of Beijing's ongoing trade spat with Washington, saw strong gains on the day. The Shanghai composite gained 2.57 percent to close at around 2,654.80 while the Shenzhen composite advanced 3.275 percent to end the trading day at about 1,381.55.
The moves came following a new reading on economic activity in China, the Caixin Manufacturing Purchasing Managers' Index, which showed factory activity grew slightly in November compared to the previous month.
The Caixin/Markit Manufacturing Purchasing Managers' Index for November rose to 50.2 from 50.1 in October. Economists polled by Reuters had forecast a reading of 50.0, the level that separates expansion from contraction.
Meanwhile, Hong Kong's Hang Seng index also jumped 2.5 percent as of the final hour of trade.
Japan's Nikkei 225 rose 1 percent to close at 22,574.76 while the Topix index advanced 1.3 percent to end the trading day at 1,689.05. In South Korea, the Kospi gained 1.67 percent to close at 2,131.93.
Over in Australia, the ASX 200 jumped 1.84 percent to close at 5,771.20, with almost all sectors in positive territory. Shares of major miners saw strong gains: Rio Tinto advanced 2.33 percent, Fortescue Metals Group surged 4.25 percent while BHP Billiton gained 3.68 percent.