AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.
Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.
Shipping Rates Are Soaring. Will They Refuel Inflation?
COSCO SHIPPING Holdings Reports 1H Results
COSCO SHIPPING Holdings Co., Ltd. Goes Ex Dividend Tomorrow
COSCO SHIPPING Holdings GAAP EPS of RMB5.59
Houston American Energy and NINE among Energy/Material gainers; Sinopec Shanghai Petrochemical among losers