Argentina's economy minister said despite external shocks, country risk has fallen to its lowest level in eight years.

Oil prices fell after OPEC+ decided to raise supply. After an online meeting on Sunday the group said it would add about 188,000 bpd in August, the fifth consecutive monthly increase. ANZ research said even if the Strait of Hormuz reopens, member states may struggle to utilise the additional capacity because vessels still face risks. Analysts noted several ships attempting the Oman route through the strait over the weekend were observed turning back.

港股科網股走強，騰訊控股(00700.HK)、快手(01024.HK)、阿里健康(00241.HK)漲超5%，美團(03690.HK)漲3.5%，阿里巴巴(09988.HK)、嗶哩嗶哩(09626.HK)漲2.8%，京東(09618.HK)漲超2%。