ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China markets rise on Lunar New Year spending blitz

Strong holiday consumption figures fuel hopes for economic rebound

China reported a travel-and-spending blitz during the Lunar New Year holidays, boosting hopes for an economic rebound.   © Reuters

HONG KONG -- Key mainland China stock indexes rose in the first trading session after the Lunar New Year holiday, as a travel-and-spending blitz propelled hopes for a rebound in the world's No. 2 economy.

Shanghai's CSI 300 ended 0.47% higher Monday, easing off a more than 2% jump in the morning, while the SZSE Component Index, which measures 500 stocks traded on the Shenzhen bourse, finished 0.98% higher. The SSE Composite Index, which tracks Shanghai stocks, ticked up 0.14% by the close.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more