Asia-Pacific markets were in the green on Monday as investors parsed the latest slew of economic data out of China.

China's GDP rose 4.8% in the July-to-September period compared to a year ago, in line with expectations of analysts polled by Reuters.

The Asian giant also kept its benchmark lending rates unchanged, in line with expectations, with the one-year loan prime rate at 3%. Hong Kong's Hang Seng Index was up over 2.52%, while the mainland's CSI 300 rose 0.53% to 4,538.22.

Japan's Nikkei 225 jumped 3.37% to close at a fresh record high of 49,185.5, while the Topix added 2.46% to end the trading day at 3,248.45 after the country's Liberal Democratic Party and the Japan Restoration Party effectively reached an agreement to form a coalition government, NHK report

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