Stocks in Asia Pacific were set for a mixed start on Monday as U.S.-China tensions continue to heat up.

Futures pointed to a higher open for stocks in Japan. The Nikkei futures contract in Chicago was at 21,945 while its countepart in Osaka was at 21,940. That compared against the Nikkei 225’s last close at 21,710.

Over in Australia, however, shares were set to decline. The SPI futures contract was at 5,877, as compared to the S&P/ASX 200’s last close at 5,927.80. 

Tensions between Washington and Beijing are likely to continue being watched by investors, with U.S. Secretary of State Mike Pompeo saying Sunday that U.S. President Donald Trump is set to announce “in the coming days” new actions related to Chinese software companies viewed by his administration as a national security threat.

On Friday, Trump told reporters he will act soon to ban Chinese-owned video app TikTok from the U.S., according to NBC News. Microsoft on Sunday confirmed it has held talks to buy TikTok in the U.S. from Chinese tech firm ByteDance.

On the economic data front, a private survey of Chinese factory activity is set to be released on Monday, with the Caixin/Markit manufacturing Purchasing Manager’s Index expected to be out at around 9:45 a.m. HK/SIN.

Meanwhile, HSBC is also set to report its interim results on Monday.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.390 after bouncing from levels below 93 late last week.

The Japanese yen traded at 105.82 per dollar after weakening sharply from levels below 105 late in the previous trading week. The Australian dollar changed hands at $0.7141 after slipping from levels above $0.72 last week.

Here’s a look at what’s on tap:

• China: Caixin/Markit manufacturing Purchasing Manager’s Index at 9:45 a.m. HK/SIN
• Hong Kong: HSBC interim results