Chinese markets are set to reopen after the Golden Week holidays against an uncertain global market backdrop, which may temper optimism from the spending boom at home. A lot has happened overseas while mainland markets were shut. Risk assets were hammered as renewed concern about higher-for-longer US interest rates spurred a Treasuries selloff that rippled through world markets. On the domestic front, however, tourism revenue from the holidays surged year-on-year, adding to bets that China's economy has likely bottomed.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-10-08-story-h-218033130-China_markets_face_choppy_return_from_holidays_as_risks_abound

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