Define "Chinese", the State & RE SOE's still have a very bloody nose resulting the demand destruction from the last clumsy manipulation resulting mountains of Cerium at one end, Yttrium at the other, and their ace in the pack ionic derived HRE neutered.
VERY much doubt they want to play for another round of massive EU, US & Jap investment in alt RE R&D just at the moment, perhaps the other side of China 2025, if they hit their targets.
If you want to identify the "Chinese" behind the Malaysian Chinese/DAP look no further than those that profited hugely from the last rabid speculation, they are the only clear financial winners the economic vandalism. No coincidence the "illegals" mkt inside China has finally been brought under some control via devolvement of quota allocation to a local level, along with ownership of tax receipts!
Massive, massive irony here is that as the Chinese State employs "the environment" to finally put a collar on the "illegals" operating outside the system, they in turn employ malleable Malaysian politicians to corrupt the same tool against Lynas operating well within the system.
Q remains, where does the LT self interest of the broader Malaysian political class lie?
LYC Price at posting:
$1.64 Sentiment: Buy Disclosure: Held
(20min delay)