Shanghai and Hong Kong led Asian equities higher on Monday as record highs in the U.S. last week boosted sentiment and as investors monitored earnings reports. On Wall Street, the Nasdaq Composite and S&P 500 both closed at record highs on Friday following tech third-quarter earnings reports.
Among big movers, Microsoft rallied 10 percent after posting earnings of 61 cents per share on USD 21.73 billion on revenue that beat estimates.
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