Australia markets rebound as Hong Kong cancels morning session; China falls after Golden Week

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Chinese markets are back from the Golden Week holiday, while Japan and South Korean markets are closed

Asia-Pacific markets are mixed to start to the week as Chinese markets come back from a week-long Golden Week holiday.

Despite a surge in retail sales in China over the Golden Week holiday, analysts from Citi do not see any"upside surprise." China's ministry of commerce reported a 9% year-on-year rise in retail sales of major retail and catering enterprises, but Citi said that this includes the positive impact of two festivals in the week., sportswear company Li Ning and consumer electronics company Haier, citing a sales recovery, low market expectations and more diversified growth.

Attractive returns and the breadth of opportunities are among the many reasons the U.S. has long reigned supreme for investors.government is behind

 

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