New Delhi, Feb. 16 -- Chinese markets are set for their biggest scheduled trading holiday of the year as the Lunar New Year holidays commence. Mainland exchanges will remain closed for the entire week, while trading hours will be shortened across major regional financial hubs.

As per the Shenzhen Stock Exchange calendar, the market will be shut from Monday, February 16, to Monday, February 23, and trading will resume on Tuesday, February 24.

According to market experts, the closure of the Shanghai Gold Exchange (SGE) and the Shanghai Futures Exchange (SHFE) will significantly impact the global precious metals market.

Aamir Makda, Commodity & Currency Analyst, Choice Broking, this shutdown will create a 'liquidity vacuum', with reduced ...