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How rumors of a chip breakthrough sparked a China stock rally -EXPLAINED – Economy

Cs news4 months ago06 mins

Premium Updated Oct 3, 2025, 08:53 PM IST The news, reportedly circulating on social media, suggested that SMEE’s EUV machine was on display at a major trade show in Shanghai. Shares of Shanghai Zhangjiang Hi-Tech Park Development, a stakeholder in SMEE, surged by the daily 10 per cent limit for two consecutive days. How rumors…

Chinese Savers Have $23 Trillion And Few Options Beyond Stocks

China Bans All BHP Iron Ore Cargoes as Pricing Dispute Grows

Cs news4 months ago03 mins

China’s state-run iron ore buyer has told major steelmakers and traders to temporarily halt purchases of all new BHP Group cargoes, widening an earlier curb as contract talks have stalled, according to people familiar with the matter. China Mineral Resources Group Co., created by Beijing to bolster the country’s sway in the global iron ore…