On Monday, Asian shares experienced gains following Wall Street's closure of its third consecutive week with a slight increase.

U.S. futures showed a decline, while there was an uptick in oil prices as investors focused on upcoming OPEC plus meetings, as reported by the Associated Press (AP).

Japan's Nikkei 225 index surpassed its September peak, reaching a 33-year high, before retracing to 33,414.87, marking a 0.5% decrease.

In Hong Kong, the Hang Seng climbed by 1.5% to 17,717.60, and the Shanghai Composite index saw a 0.5% increase, reaching 3,070.22.

China announced on Monday that it would maintain its benchmark lending rates as anticipated, citing a weaker yuan and the necessity to evaluate the effects of recent stimulus measures on the economy.