Major Asian stock markets closed lower on Monday following a turbulent trading session as investors waited for a new round of high-level U.S.-China trade talks, which is set to begin later in the week.
The mainland Chinese markets, watched closely due to the ongoing trade war between Beijing and Washington, lost their early gains to close lower: The Shanghai composite shed about 0.18 percent to close at approximately 2,596.98 while the Shenzhen component ended its trading day slightly lower at around 7,589.58. The Shenzhen composite slipped 0.377 percent to close at 1,314.99.
In Japan, the Nikkei 225 slipped 0.60 percent to close at 20,649 while the Topix fell 0.68 percent to end its trading day at 1,555.51. Shares of Japanese conglomerate Softbank Group declined more than 1.17 percent.
South Korea's Kospi closed largely flat at 2,177.30 as shares of Samsung Electronics rose 0.67 percent. Other tech stocks, however, struggled for gains: Chipmaker SK Hynix fell 3.75 percent, LG Electronics declined 2.59 percent and Samsung SDI was down 0.22 percent.
Australia's stock market was closed on Monday for a public holiday.