Lunar New Year decorations go up at a restaurant in Beijing. Monetary data released on Tuesday shows a surge in new credit last month, suggesting conditions remained supportive of growth momentum beyond the holiday. Photo: Simon Song
Mainland Chinese stocks end Year of the Rat higher, as markets soar ahead of Lunar New Year break on economic recovery optimism
- Hang Seng closes at 30,038.72, rising above the 30,000 level for the first time since January 25
- Shanghai Composite reaches its highest level since August 20, 2015, on third straight day of gains
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Lunar New Year decorations go up at a restaurant in Beijing. Monetary data released on Tuesday shows a surge in new credit last month, suggesting conditions remained supportive of growth momentum beyond the holiday. Photo: Simon Song
