Evergrande stocks in Hong Kong slide as investors monitor situation; Asia shares rise

Stock picks and investing trends from CNBC Pro:

Looking ahead, Chinese industrial profits data for August is expected to be released on Tuesday.

Elsewhere, early projections on Sunday pointed to a knife-edge result in Germany federal elections as the country looks for a successor to Angela Merkel, who is preparing to leave office after 16 years in power.

The euro last sat at $1.1724, following its bounce last week from below $1.17.

Oil prices jump more than 1%

Oil prices were higher in the morning of Asia trading hours, with international benchmark Brent crude futures up 1.61% to $79.35 per barrel. U.S. crude futures gained 1.64% to $75.19 per barrel.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.217 following its climb late last week from below 93.2.

The Japanese yen traded at 110.64 per dollar, having weakened last week from below 110 against the greenback. The Australian dollar changed hands at $0.7286 following its slide late last week from above $0.729.

Correction: This report was updated to reflect that Chinese industrial profits data for August is expected to be released on Tuesday.

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