(Bloomberg) — Chinese stocks reopened after the Lunar New Year holidays with less of a bang than investors had hoped for, suggesting buoyant travel and spending data alone aren’t enough to dispel concerns over the broader economy.
Most Read from Bloomberg
A jump in tourist trips, box office ticket sales and Macau casino visitors had fueled bets that the benchmark CSI 300 Index will rally hard, just as Chinese shares listed in Hong Kong and the US did when mainland markets were shut Feb. 9-16.
Instead, the gauge struggled to gain traction for much of the day, only managing to pick up pace…
