CHINA JAN-MARCH NATURAL GAS PRODUCTION UP 3.0 % ON YEAR AT 68.1 BCM – STATS BUREAU CHINA MARCH NATURAL GAS PRODUCTION UP 3.0 % ON YEAR AT 23.4 BCM – STATS BUREAU

TSMC 1Q REV FROM SMARTPHONES FELL 11% ON QUARTER

China’s macro hedge funds suffered broad losses in March as Middle East tensions triggered sharp swings across asset classes. Bridgewater Associates’ All Weather Plus strategy fell 5.6% from Feb. 27 to April 3, trimming Q1 returns to 3.9%, while Shanghai Longlife Investment Co.’s Macro Hedging No. 1 fund slumped 25% in March, cutting its quarterly gain to 13%. Macro funds lost 6.3% on average, their worst showing since at least early 2025, according to PaiPaiWang Investment & Management Co.. Discretionary funds dropped 10.3% year-to-date, underperforming systematic strategies, while global peers also declined, highlighting widespread pressure from geopolitical-driven market volatility.