Asia-Pacific Stocks Set for Lower Open; China's Latest Benchmark Lending Rate Ahead

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China’s latest one-year and five-year loan prime rates are set to be announced on Monday.

China's latest one-year and five-year loan prime rates are set to be announced on Monday.

Investors will also monitor Alibaba shares in Hong Kong after Reuters reported Friday that China's central bank has accepted Alibaba-affiliate Ant Group's application to form a financial holding firm, reviving hopes for a potential public listing for Ant. SINGAPORE — Shares in Asia-Pacific appeared set for a lower start on Monday, as investors look ahead to the release of China's latest benchmark lending rate.

Futures pointed to a mildly lower open for Japanese stocks. The Nikkei futures contract in Osaka was at 25,960, against the

 

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