Mixed Start for Asia-Pacific Markets Following Wall Street's Weekly Loss

Asia-Pacific markets opened mixed on Monday ahead of a busy week of key economic releases in the region. Most major markets were down except for Japan, which was higher. Investors will be closely watching the Bank of Japan monetary policy meeting later this week, the first to be led by new BOJ chief Kazuo Ueda. Meanwhile, HSBC is facing renewed pressure from its biggest shareholder, Chinese insurer Ping An, to restructure its business, but Morgan Stanley is sticking to its bullish stance on the U.K.-based bank, calling HSBC its "top pick" in the sector. Lastly, Bitcoin hit a low of 27,833.50 on Friday, the lowest level since April 9.