China mainland stock markets have opened higher after the long holiday

Mainland China stock markets playing a bit of catch up of course, and the stimulus news is still coming:

• China's cabinet said it will promote consumption recovery, boost imports to drive economy
• China to extend 3 lending tools for further targeted economic support
• China back from holiday
• Gasoline sales +20% over the Lunar New Year holiday (Sinopec data)

Shanghai Composite is up around 1.3%

Shenzen +2%

CSI300 opened 2% higher to re-enter a bull market (up 20% from lows set in October 2022)

In HK the Hang Seng index is softer, down 0.7%