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Apart from domestic spots, overseas destinations also will be a hot market during the holiday break. About 6.5 million people will travel abroad during Spring Festival, a record high, according to the report released by Beijing-based China Tourism Academy and Ctrip, one of the country's largest travel agencies by market share.

Another Indian climber Anjali Sharad Kulkarni died on Wednesday night due to altitude sickness at Camp IV of the Mt Qomolangma, Acharya said.

Any deal would add to the billion of acquisitions announced this year targeting European alternative energy assets, according to data compiled on the sector. Wind-related businesses have proven popular with bidders, as countries in the region push for greater reliance on renewable energy sources.

Anti-epidemic personnel prepares to welcome passengers from abroad at Hohhot Baita International Airport in Hohhot, the Inner Mongolia autonomous region, on April 11. [Photo/WU YUNSHENG FOR CHINA DAILY]

Another supportive catalyst is bond buybacks by the companies themselves, which signal abundant liquidity and a faith in the market's fundamentals. Several issuers have already announced bond buybacks, and more are likely to come. These have been mostly in short-term debt, where the issuer can buy back their bonds at a discount and book a profit now, rather than repay at full value a few months later.