Continuing with BHP's observation that the demand lost in China's property market downturn has been more than offset by demand in higher production processes, I note this news over the weekend by Bloomberg:
- Profits at Chinese industrial firms grew at a faster pace in June, showing the resilience of the manufacturing sector which has helped cushion an economic slowdown.
- The increase shows the strength of the industrial side of the economy as a growth driver this year, with a 6% expansion in the first half helping to compensate for weak consumer spending.
Continuing with BHP's observation that the demand lost in...
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Last
$19.55 |
Change
0.050(0.26%) |
Mkt cap ! $60.19B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $184.3M | 9.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2568 | $19.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.56 | 44282 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |