MARKETS
China’s Weak Holiday Spending Casts Shadow as Markets Reopen
Chinese stock markets are expected to fall when they reopen after a week-long break, as losses in Hong Kong and weak holiday spending weigh on investor sentiment. The mainland exchanges will resume trading on Thursday, following a closure that began on October 1 for the National Day holiday. The anticipated decline reflects concerns about the broader economic slowdown.
Chinese shares will likely come under pressure upon their return from a week-long break, reflecting losses in the Hong Kong market and sluggish holiday spending. Mainland markets reopen Thursday after being shut since Oct. 1 for the National Day holiday.
Summarised by Agaah from Mint Markets. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.