"Asia Markets React to China's Export Decline and Mixed Trade Data"
TL;DR Summary
Hong Kong stocks drop over 2% as Asia markets trade mixed ahead of China data, with Singapore's GDP growing 2.7% in the first quarter and the Bank of Korea leaving interest rates unchanged at 15-year high. The Japanese yen weakens to a 34-year low against the U.S. dollar, while U.S. tech shares lift S&P 500 and Nasdaq Composite into positive territory. Additionally, Goldman Sachs refreshes its top Asian picks for April, and experts share tips on picking cheap stocks for long-term investment.
- Hong Kong stocks drop over 2% as Asia markets trade mixed ahead of China data CNBC
- Chinese Exports Drop in Blow to Hopes for Economic Rebound Bloomberg
- China's exports likely swung back to contraction in March Reuters
- China's exports tumble by 7.5% in March, but overseas demand set to rebound South China Morning Post
- Asia markets mixed ahead of trade data in China and bank earnings Seeking Alpha
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