Chinese companies can absorb losses as they have chinese govt backing them.
if it is chinese govt "policy" to control the global market by keeping prices low, then no matter profit or lose as long as govt objective met.
western govt's should realize this and use appropriate policies to counteract this.
Chinese companies can absorb losses as they have chinese govt...
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Last
$6.62 |
Change
-0.060(0.90%) |
Mkt cap ! $6.211B | |||
| Open | High | Low | Value | Volume |
| $6.68 | $6.68 | $6.62 | $2.482M | 373.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 12430 | $6.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.63 | 11889 | 16 |
View Market Depth
| Last trade - 11.09am 09/05/2024 (20 minute delay) ? |
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Last
$6.60 |
Change
-0.060 ( 0.62 %) |
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| Open | High | Low | Volume | ||
| $6.65 | $6.66 | $6.60 | 150108 | ||
| Last updated 11.27am 09/05/2024 ? | |||||
| LYC (ASX) Chart |