Chinese infrastructure isn't really built to last. 10-20 years and they're completely run down. There'll always be demand. Falling AUD is an added tailwind.
China has a huge housing bubble. I would expect stimulus. CCP doesn't tend to like it when people riot.
Iron ore, corona virus and next economic phase, page-30
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Last
$42.66 |
Change
-0.040(0.09%) |
Mkt cap ! $216.3B | |||
| Open | High | Low | Value | Volume |
| $42.65 | $42.85 | $42.50 | $345.8M | 8.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 7200 | $42.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.67 | 2000 | 1 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |