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China's statistics agency revealed on Monday that the country's GDP expanded by 4.7% in the second quarter, less than the 5.3% increase recorded in the first quarter and below the 5.1% expansion predicted by a Reuters poll.
Additionally, China's retail sales for June came in below estimates, increasing by 2% year over year in contrast to the 3.3% that Reuters polled economists to predict. May sales increased by 3.7%.
Consumer stocks drove a 1.73% decline in Hong Kong's Hang Seng index in the last hour of trading, while mainland China's CSI 300 was up 0.11% at 3,476.25 following the release of unexpectedly weak economic statistics.
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Aside from that, many think that this week's much awaited Third Plenum, which brings together China's top leaders, will center on issues like the nation's high levels of local government debt and the promotion of advanced manufacturing rather than the real estate industry.
Due to a public holiday, Japan's markets are closed.
The Kospi in South Korea closed at 2,860.92, up 0.14%, while the small-cap Kosdaq ended a three-day losing trend, up 0.3% to 852.88.
After ending up 0.73% at 8,017.6, Australia's S&P/ASX 200 set a record and broke beyond the 8,000 barrier for the first time. The index was the only significant Asia-Pacific benchmark that was rising.
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