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Asia markets mixed as China stocks set for bull run on return from holiday

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Chinese stocks are poised to enter a bull market as traders return after a week-long New Year holiday — the CSI 300 gained more than 19% from its recent lows seen at the end of October last year.

— CNBC's Samantha Subin, Carmen Reinicke contributed to this reportChina's CSI 300, which tracks the largest mainland-listed stocks, is poised to enter a bull market as trade resumes later in the day.

The CSI 300 rose 19.18% from its lows seen on Oct. 31, according to Refinitiv data. It ended its last trading session at 4,181.53 on Jan. 20., which tracks the performance of the index, was last up 23% from its October lows.

 

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Everyone in Macau surprised by this? That's the main walkway at TaipaVillage in Macau which hasn't seen this much crowd in the last few years 🤩 It's 'rabbits' 🐇🐇🐇 run more than 'a' bull 🐂 run What a way to jumpstart the year of the rabbit

Today we think of China as we thought of Japan in the '80s. But in ten years China will be even more irrelevant to the world stage than Japan is now.

Isn’t China part of Asia?

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Asia markets fall as China stocks set for bull run on return from holidayChinese stocks are poised to enter a bull market as traders return after a week-long New Year holiday — the CSI 300 gained more than 19% from its recent lows seen at the end of October last year.
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