Chinese Spring Festival, the Year of the Pig

Chinese Spring Festival, the Year of the Pig

Based on the traditional Chinese calendar this year observes the year of the pig, which offcially starts on the 5 February (with New Years Eve on the 4th February) and ends on the 24 January 2020. Pigs symbolize happiness, wealth and contentment.

"Chinese are the third-largest foreign-born group in the U.S.; as of 2017, there are 6 million of us and Dealmoon gets 17.6 million clicks a month from these consumers", said Cofounder of Dealmoon, Jennifer Wang.

Market sources said a steadily recovering Chinese steel market, China's stimulus measures, and the ongoing talks and attempts to reconcile the trade dispute between the USA and China could help prop up demand for metallurgical coal. "That number today is 33%".

However, Stansberry Pacific Research notes that the historical returns in the Year of the Pig since 1988 have been great at +25.2%, third best on the Chinese zodiac.

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The episodes, which will center on Peppa and her friends and family celebrating Chinese New Year, will be broadcast to viewers across multiple markets.

"As part of our annual celebration, select stores will honour the "Year of the Pig" with themed special events and specialised, limited-edition merchandise in beauty, home, women's, men's, kids and fashion accessories".

Sources pointed to pre-Lunar New Year restocking, resulting in a slowdown in demand post celebrations and hence the softening seen in prices.

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