Mainland Chinese equities declined on Monday, with the Shanghai Composite falling 0.4% to around 13,200 and the Shenzhen Component dropping 0.6% to 25,800, as disappointing economic data dampened investor sentiment. November figures showed retail sales growth and industrial production falling short of expectations, while fixed asset investment declined more than anticipated. New home prices also contracted for the 29th consecutive month, adding to concerns about the property sector. In corporate developments, China Vanke Co fell 2% after bondholders rejected its proposal to defer a bond payment due Monday by one year. Technology and new energy stocks led sector losses, including Victory Giant (-4.6%), Suzhou Dongshan Precision (-4.4%), Foxconn Industrial (-2.8%), TBEA Co (-1.3%), and Sungrow Power (-3.2%).
