Asian markets update: With trading in mainland China shut Feb. 9-16, investors will likely take cues from gains seen for the country’s shares listed offshore.
(Bloomberg) Chinese stocks look poised for a strong open when onshore traders return from the Lunar New Year break, with buoyant travel and tourism data seen bringing a much-needed relief to one of the world’s worst-performing major markets.Most Read from BloombergTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderTop Investors Share the Toughest Lessons They Had to LearnSystemic Risk Concerns Grow Among Money Managers as Real Estate Woes Cause TurmoilUK, Allies Look to Arm Ukrain
China stocks ready for bullish reopen after upbeat data businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Some of the 3.2 billion yuan (US$450 million) worth of commemorative coins and banknotes issued by China’s central bank may deliver handsome profits for resellers on popular local e-commerce platforms.