Asian shares trade mixed after last week's Wall Street rallies

Asian shares trade mixed after last week's Wall Street rallies Updated 35 mins ago Asian shares are trading mixed after Wall Street shares finished near their record levels. Benchmarks rose in Hong Kong and South Korea, while declining in Shanghai and Australia. Japan's market was closed Monday for a holiday. Worries are simmering about China’s economy, as analysts say the data for August aren’t strong enough to reflect ongoing dynamic growth. Retail sales rose 3.4%; factory output was up 5.2%. Oil prices rose and the U.S. dollar was higher against the Japanese yen. On Wall Street, the S&P 500 barely budged last Friday, the Dow dipped and the Nasdaq rose.