Shanghai, Hong Kong hit by China data but Tokyo soars again

Shanghai and Hong Kong stocks fell Monday after a gauge of Chinese factory activity hit a more than three-year low, but the Nikkei soared following Japan's decision to slash some interest rates to negative. In another example of weakness in China's economy, the official Purchasing Managers Index showed its manufacturing sector shrank in January for the sixth straight month and was now at its weakest since August 2012. A separate reading from China’s financial magazine Caixin showed a minor