I think you will find it is for Chinese New Year /Spring festival break...it would be all over the media if it wasn't;
https://www.interest.co.nz/news/109...alk-china-holiday-london-losing-brexit-aussie
"....China is now on its week-long Spring Festival holiday. Its the Year of the Ox. Markets are closed until Thursday next week, although the break in Hong Kong will be shorter. Huge numbers of people will be traveling, most from cities to their home regions...."
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