Asia-Pacific stocks began the new trading month with gains, driven by positive economic data and Wall Street's record highs. China's Manufacturing PMI for November exceeded expectations, with both the official and Caixin PMIs showing strong performance. Markets in Japan, South Korea, and other countries in the region also advanced as investors awaited key economic readings. Japan's Nikkei 225 surged nearly 2%, while Australia's ASX 200 rose 0.7%. The rally was supported by Wall Street gains, where the S&P 500 and Nasdaq reached fresh record highs, fueled by a technology stock rally. Investors also digested a Goldilocks ISM Manufacturing report and the latest tariff threat.