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-中國股市漲跌互見，隨着中國能源短缺緩解，鋁冶煉廠和鋼鐵企業上漲。中國國家發展和改革委員會週六表示，煤炭產量繼續超過發電消耗，這可能會降低材料生產商的生產中斷風險。雲南鋁業上漲0.6%，山東南山鋁業上漲0.7%。鋼鐵製造商寶鋼股份和鞍鋼股份分別上漲0.3%和0.5%。上證綜合指數持平於3490.97點，深證綜指下跌0.1%，至2403.11點，創業板價格指數上漲0.3%，至3361.80點。(yongchang.chin@wsj.com)