Chinese Shares Mixed; Aluminum Smelters, Steelmakers Gain as Energy Shortage Eases -- Market Talk
Chinese Shares Mixed; Aluminum Smelters, Steelmakers Gain as Energy Shortage Eases -- Market Talk
0206 GMT - Chinese stocks are mixed, with aluminum smelters and steelmakers gaining as the country's energy shortage eases. China's National Development and Reform Commission on Saturday said coal production continues to exceed consumption for power generation, which is likely to reduce the risk of output disruptions for the material producers. Yunnan Aluminium Co. is 0.6% higher and Shandong Nanshan Aluminium rises 0.7%. Steelmakers Baoshan Iron & Steel and Angang Steel gain 0.3% and 0.5%, respectively. The Shanghai Composite Index is flat at 3490.97, the Shenzhen Composite Index falls 0.1% to 2403.11 and the ChiNext Price Index is 0.3% higher at 3361.80. (yongchang.chin@wsj.com)
0206GMT-中国股市涨跌互见，随着中国能源短缺缓解，铝冶炼厂和钢铁企业上涨。中国国家发展和改革委员会周六表示，煤炭产量继续超过发电消耗，这可能会降低材料生产商的生产中断风险。云南铝业上涨0.6%，山东南山铝业上涨0.7%。钢铁制造商宝钢股份和鞍钢股份分别上涨0.3%和0.5%。上证综合指数持平于3490.97点，深证综指下跌0.1%，至2403.11点，创业板价格指数上涨0.3%，至3361.80点。(yongchang.chin@wsj.com)