Chinese Consumer Stocks Look to Holiday Spending for Rebound
- Travel, retail shares in focus for Lunar New Year holidays
- Onshore consumer staple names have lagged so far this year
This article is for subscribers only.
Investors are watching for signs that one of China’s biggest spending seasons may jumpstart the country’s consumer stocks after a disappointing start to the year.
Shares of airlines, snack manufacturers, hotel operators and movie companies stand to gain if there’s a spending bump after officials rolled out various measures to stimulate consumption. Traders are eyeing data including air passenger traffic and box-office sales during the Lunar New Year holidays, running from Jan. 28 to Feb. 4, to gauge demand.