China bull market beckons stock traders as consumption revs up

The CSI 300 Index may extend its 19% rise from an October low when traders return after a week-long Lunar New Year break, with travel and box office data signalling that consumer spending is on the mend. — Reuters

SHANGHAI: A four-week rally in Chinese equities is set to culminate in a bull market when trading resumes today, as a rebound in consumption galvanises the shares.

The CSI 300 Index may extend its 19% rise from an October low when traders return after a week-long Lunar New Year break, with travel and box office data signalling that consumer spending is on the mend.