Visitors line the central street of Taipa Village in Macau, China, on Wednesday, January 25, 2023. Tourism and spending rebound in Macau as the Lunar New Year holiday spurred a surge in visitors after the easing of pandemic travel restrictions between the province and mainland China.
bloomberg | bloomberg | Getty Images
Stocks in the Asia-Pacific region traded mixed on Monday before mainland Chinese markets resumed trading after a week-long New Year holidays.
Chinese domestic stocks are preparing to enter a bull market - The CSI 300 index, which tracks the largest stocks listed on the mainland, is up more than 19% from its recent lows seen at the end of October last year.
in Japan , Nikkei 225 index Topix rose 0.2% and Topix rose 0.03%. South Korea Cosby The KOSDAQ fell by 0.24% while the KOSDAQ rose by 0.28%.
the S&P/ASX 200 In Australia it fell 0.12%. Investors also digested trade data from New Zealand.
Stocks on Wall Street ended the week higher last Friday, helped by gains in Tesla shares and a better-than-expected GDP report on Thursday. All major averages posted a positive week and are on track for a month of gains.
— CNBC’s Samantha Sobin, Carmen Renick, contributed to this report