A Stock Trader’s Guide to China’s Week-Long New Year Holiday
- Spending for travel, dining and entertainment are in focus
- Consumption during the holiday can help shape sentiment
China is heading into its Lunar New Year holiday next week with investors on the lookout for anything to help pull the country’s shares out of a bear-market rout.
The benchmark CSI 300 Index’s 20% slump from its peak a year ago has shown that it will take more than the central bank’s pivot to monetary easing to rekindle confidence.