Asia-Pacific shares rose on Monday with the release of latest US jobs report. 

In Hong Kong, the Hang Seng index rose 3.5 percent, and the Hang Seng Tech index rose 4.6 percent. Mainland China’s Shanghai Composite Index rose 0.23 percent, while the Shenzhen Component rose 0.476 percent. 

Nikkei 225 rose 1.21% in Japan, and Topix gained 1%. Kospi in South Korea rose 0.77%. The S&P/ASX 200 rose 0.4% in Australia. 

MSCI’s most extensive index of Asia-Pacific shares outside Japan rose 1.21%. 

China’s trade data fell well short of expectations, with exports falling 0.3 percent and imports 0.7 percent. Apple suppliers in the region are also in focus as the company warns that COVID restrictions in China are hurting iPhone production. 

Chinese health officials have renewed their stance on sticking to strict measures that appear to have dampened market sentiment after seeing increased risk appetite last Friday amid speculation of “conditional” plans to reopen.