India, April 16 -- Asian stocks recorded strong gains on Thursday as markets increased expectations of a deal to end the U.S.-Iran conflict. AI-led demand also boosted stocks in the tech space.
Amidst better-than-expected GDP readings, stocks in China finished trading on a positive note. China's economy expanded 5 percent year-on-year in the first quarter of 2026, versus 4.5 percent in the fourth quarter and beating market forecasts of 4.8 percent.
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