* The financials sub-index went down 1.3%, while the infrastructure sub-index fell 2%. ** A sub-index tracking new energy vehicles surged 4.8% before slipping 0.8% in previous session. ** China said on Monday the government will encourage consolidation of the overcrowded electric vehicle industry, while would also improve its charging network and develop EV sales in rural markets. ** The new energy sub-index was up 2.5%. ** In Hong Kong, the healthcare sub-index and the energy sub-index gained 2.1% and 1.4%, respectively. ** PetroChina Co extended its gains from the previous session and jumped 5.3% to be the biggest daily gainer on the Hang Seng Index as oil prices remained strong. ** China Evergrande Group plunged nearly 10% to its lowest in more than six years. ** China Evergrande New Energy Vehicle Group and Evergrande Property Services Group tumbled 22.7% and 8.3%, respectively.