SHANGHAI: China stocks closed lower on Thursday, led by metaverse-related shares as the state media flagged risks, while real estate developers fell amid liquidity woes. The blue-chip CSI300 index ... ( read original story ...)
Shanghai aluminium hits near six-month low as stockpiles rise
Shanghai aluminium fell nearly 4% on Wednesday to its lowest in nearly six months as weak property data and rising warehouse inventories in China pressured prices. The most-traded January aluminium ... ( read original story ...)
Property the key for China’s copper prospects in 2022
Copper has the greatest upside momentum of all base metals in China heading into next year, but prospects for the red metal hinge on a recovery in the domestic residential property market, delegates ... ( read original story ...)
Analysis-China’s real estate woes sap property investment products
Chinese investors are abandoning an age-old attachment to property investment products and seeking returns in equities and other corners of the capital markets, as the authorities crack down on the ... ( read original story ...)
China stocks close lower as slowing property sector clouds outlook
China's industrial output and retail sales grew more quickly than expected in October, despite fresh curbs to control COVID-19 outbreaks and supply shortages, but the slowing property sector weighed ... ( read original story ...)
METALS-Copper prices ease on firm dollar, weak Chinese property data
London copper prices eased on Monday, as a firmer dollar buoyed by expectations of a U.S. rate hike and further signs of weakness in the Chinese property market weighed on sentiment. Nov 15 (Reuters) ... ( read original story ...)
China industrial output, retail sales accelerate but property clouds outlook
The world’s second-largest economy had staged an impressive rebound from last year’s pandemic slump, but has since lost momentum. ( read original story ...)