Late afternoon buying on rumors the government was considering raising fuel oil prices reversed the stock market's slide, pushing the Shanghai benchmark index up 2.93 percent.
Hong Kong stocks held steady yesterday as fears eased over the economic impact of the devastating earthquake in Sichuan province, offsetting concerns over record high oil prices and pessimistic comments by the US Federal Reserve.
Aluminum Corp of China and Tencent Holdings Ltd rose in Hong Kong trading yesterday on their planned inclusion in the city's benchmark Hang Seng Index.
The world iron ore industry is dominated by three major international suppliers: Brazil's Companhia Vale do Rio Doce and two Australian producers BHP Billiton and Rio Tinto. These three contribute around 80 percent of the world's sea-borne iron ore that are shipped into emerging markets such as China.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
