Copper prices ticked higher
on Tuesday, lifted by concerns of tighter raw material supplies
and a production cut by Chinese smelters, while better demand
outlook also lent some support. .
Chinese manufacturers of machinery, textiles and electronics with significant exposure to the US market could extend gains, as the upcoming meeting between President Xi Jinping and US President Joe Biden has stoked hopes of a reduction in US tariffs and an easing of technology curbs.
Central Huijin rarely increases its holdings in the four major banks, what signals does it release?. Analysts here said that Central Huij in's rare move is conducive to boosting market confidence, accelerating the establishment of the market bottom, and catalyzing the financial sector. The recent performance of A-shares is relatively weak and confidence is insufficient, and this increase will boost market sentiment and stabilizing market expectations. The increase in the national team's holdings in history is a landmark event for the market to build a medium-term bottom.
China s Ultra-Long Bonds Are All the Rage on Economic Gloom bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The yields on China’s 15- and 20-year government bonds tumbled to the lowest since 2002 this week, while those for 30-year notes are hovering near levels unseen since 2005. Transaction volume for longer-dated securities has surged to a multi-year high.