Asian markets were mixed in early trading Monday, following a better-than-expected U.S. GDP report on Friday and ahead of a new round of U.S.-China trade talks.

On Friday, data showed the U.S. economy grew 3.2% in the first quarter, higher than analysts’ expectations. That was thanks in part to the stockpiling of goods, although it was not immediately clear how, since data showed both domestic production and imports fell in the first three months of the year.

U.S. trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will lead a U.S. delegation to China on Tuesday to resume trade negotiations. Those will be followed by talks in Washington starting May 8. There have been reports that negotiations are in their final stage, and a final deal may be signed in late May or early June, putting an end to the yearlong tariff war between the world’s two largest economies.

Hong Kong’s Hang Seng Index

HSI, +0.85%

  was up 0.8%, while the Shanghai

SHCOMP, +0.03%

 gave up slight early gains to fall about 0.3%. China’s smaller-cap Shenzhen Composite

399106, -0.98%

  sank 1.5%. South Korea’s Kospi

SEU, +0.78%

  gained 0.7%, while benchmark indexes in Taiwan

Y9999, -0.14%

 , Singapore

STI, +0.82%

  and Indonesia

JAKIDX, +0.44%

  were mixed. Australia’s S&P/ASX 200

XJO, -0.44%

  declined about 0.4%. Japan’s Nikkei was closed amid a 10-day national holiday to celebrate the ascension of Crown Prince Naruhito, who will become emperor May 1.

Among individual stocks, casino operator Sands China

1928, +3.62%

  and property developer Country Garden

2007, +2.25%

  advanced in Hong Kong, while Apple

AAPL, -0.48%

  supplier AAC Technologies

2018, -2.33%

  fell. Samsung

005930, +1.90%

  gained in South Korea, as did Hyundai Motor

005380, +2.21%

 . Beach Energy

BPT, -0.68%

  and Oil Search

OSH, -0.99%

  fell in Australia.

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