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The benchmark STOXX 600 index slid 0.5% by 0805 GMT, following four straight weeks of gains.
China-exposed European miners fell 0.6%, while luxury stocks, including LVMH, Kering (EPA:PRTP), Pernod Ricard (EPA:PERP) and Hermes International (OTC:HESAF), fell between 0.7% and 1.6%.
Health officials in China reiterated their commitment to strict COVID-19 curbs over the weekend, disappointing investors hopeful for a relief. Separately, data showed Chinese exports and imports both contracted in October and missed forecasts.
In a bright spot, however, Swedish Match rose 0.7% after Marlboro maker Philip Morris International (NYSE:PM) (PMI) said it was going ahead with its $16 billion plan to buy the Swedish peer.
