The China SSE Composite is a falling knife because the China gov said their infrastructure spending will no way make up for the massive loss of export orders. (GDP down???)
Lately China has been buying massive amounts of iron ore, copper, zinc, etc etc. Why?
Answer => they intend to go slow and put us on ice for 12mths!
IMO China is intent on doing us in. It is a case of "if you can't join em, kick em where it hurts."
report, page-89
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Last
$44.71 |
Change
-1.250(2.72%) |
Mkt cap ! $228.4B | |||
| Open | High | Low | Value | Volume |
| $45.20 | $45.37 | $44.66 | $266.9M | 5.918M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55 | $44.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.71 | 2110 | 12 |
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| BHP (ASX) Chart |