Asia Market Update via TradeTheNews


Asian equity indices generally pare gains General Trend: - S&P ASX 200 Resources index declines for 3rd straight session - Financials decline in Shanghai and HK amid recent focus on Huarong’s yuan-denominated bonds; Property names also trade generally lower after press report related to property tax trials - Tencent drops over 3% after reporting Q1 earnings - Companies due to report during the NY morning include Booz Allen Hamilton.