Chinese stock market holidays

By: defann Date: 28.05.2017

The Chinese stock market will be closed from Monday to Friday as the country shuts down much of its commercial activity to celebrate Lunar New Year, which will usher in the year of the monkey. The Hong Kong HSI, The news of closure may come as a relief for some investors as volatility in the Chinese stock market, along with weak oil prices, has been blamed for roiling the global financial markets since the beginning of the year. The official manufacturing purchasing managers index fell for a sixth month to A reading above 50 indicates an expansion in activity, while a reading below that points to a contraction.

Nonetheless, Colin Cieszynski, chief market strategist at CMC Markets, points out that the turbulent equities have yet to affect the broader economy, which is expected to eventually stabilize the market. Sue Chang is a MarketWatch reporter in San Francisco.

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Corrected Oil finishes at a 9-month low, in bear-market territory.

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chinese stock market holidays

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chinese stock market holidays

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