China Stocks Head for Best Post-Lunar New Year Gain Since 2019

(Bloomberg) — Chinese shares climbed on their return from a week-long holiday, with sentiment boosted by Friday’s jump in Hong Kong-listed names and easing concerns about regulatory headwinds for the nation’s battered tech sector.

The CSI 300 Index jumped as much as 2.4% before paring its advance to 1.2% as of 10:42 a.m. in Shanghai. Even so, at this level the benchmark is on track for its best post-Lunar New Year holiday performance since 2019. The Shanghai Composite Index also rose.