Chinese stock markets reopen on positive note after holiday break

Lunar New Year consumption is seen as positive, though structural issues linger

20240219 Shanghai stock exchange image

A bridge displays financial data in Shanghai's Liuiazui financial district. Stock exchanges in Shanghai and Shenzhen resumed on Feb. 19 after a 10-day break for the Lunar New Year. © EPA/Jiji

KENJI KAWASE and ECHO WONG, Nikkei staff writers

HONG KONG -- Mainland Chinese stock markets reopened on a positive note on Monday following a 10-day Lunar New Year break. Better-than-expected data on holiday travel and spending seems to have supported the markets, but momentum has been limited due to lingering wariness over China's weak economic fundamentals.

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