Every time someone posts the truth ASIC is going to prosecute them. Dream on, just because you can’t face reality doesn’t mean it won’t smack you hard in the head. The Chinese property market is to be frank FU because of the 3 red lines policy by President Xi Jinping. US bond yields if you are a Chinese or Hong Kong developer is 20% which is at historic highs. Housing sales down 30% yoy in the month of September. Major property developers signalling default and Evergrande on the verge of default. Only the Chinese government can bail them out now, so pray hard to President Xi Jinping that he bails your sorry self out.
Iron ore price, page-39423
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Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
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| FMG (ASX) Chart |