China Markets Reopen Thursday as Investors Weigh Golden Week Consumption Data
Key Facts
Shanghai and Shenzhen markets resume trading on Thursday, October 8, following the week-long National Day holiday. According to Reuters, the Shanghai Gold Exchange is also set to reopen as investors monitor whether the Golden Week period revived physical demand for the precious metal.
Citi described early Golden Week consumption data as underwhelming, with markets now facing catch-up risks from global shifts including higher bond yields and a hawkish Federal Reserve stance. In financial sector movements, C closed at $128.52 on October 6, 2026, while BAC closed at $54.09 on the same date.
Latest Updates · 1
- Notable·
Update: China's 10-year government bond yield fell to 1.7% on October 8, 2026. This decline widened the gap with US yields to more than 3.5 percentage points amid weak domestic credit demand.