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Posted on 28/09/2022

China Stock Market May Test Resistance At 3,100 Points

The China stock market on Tuesday ended the four-day losing streak in which it had dropped more than 70 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,090-point plateau ... ( read original story ...)

Posted on 28/09/2022

China’s yuan ends at weakest since global financial crisis, hits record low offshore

China's onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the dollar since the global financial crisis of 2008, while the offshore yuan hit a record low ... ( read original story ...)

Posted on 28/09/2022

Shanghai aims to become ‘a city in the parks’ by 2025

Shanghai features lush greenery. It is an ideal afternoon for Russian student Vika and her friend when they can spread a piece of cloth on the beautiful lawn at Jinxiu Cultural Park in the Pudong New ... ( read original story ...)

Posted on 28/09/2022

SMM Evening Comments (Sep 28): Shanghai Nonferrous Metals Closed Mostly with Losses amid Prolonged Macro Pressure

Shanghai nonferrous metals closed mostly with losses as the US dollar index was still high amid hawkish US Fed stances that the US needs to keep interest rates higher for a while until the inflation ... ( read original story ...)

Posted on 28/09/2022

Shanghai rebar creeps higher on China demand optimism

Chinese rebar futures rose on Wednesday to their highest in four weeks, buoyed by fresh signs of increased government support for the troubled property sector and stimulus measures to shore up the ... ( read original story ...)

Posted on 28/09/2022

Shanghai vows to promote delivery of homes, keep property market sound

China's commercial hub Shanghai said it will strengthen efforts to promote delivery of residential houses and ensure the steady and sound development of the property market, according to a local ... ( read original story ...)

Posted on 28/09/2022

China’s onshore yuan hits lowest since global financial crisis

China's onshore yuan fell on Wednesday to its weakest level against the dollar since the global financial crisis of 2008, while the offshore trades hit a record low, pressured by expectations of more ... ( read original story ...)

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