China Markets Reopen Thursday as Investors Weigh Golden Week Consumption Data

Key Facts

1Shanghai and Shenzhen markets resume trading on Thursday, October 8, following the week-long National Day holiday.

2Citi described early Golden Week consumption data as underwhelming, with official figures still pending.

3The Shanghai Gold Exchange reopens as investors monitor whether Golden Week revived physical gold demand.

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.