Stacks of rebar await delivery at Shanxi Zhongsheng Iron and Steel in Fenyang, Shanxi Province. The Shanghai Futures Exchange said it will increase the cost of trading in steel rebar contracts fivefold, and impose a limit on the daily number of new contracts that can be bought and sold, starting this week. Photo: Reuters
Zhang Shidong
Opinion

Opinion

Across The Border by Zhang Shidong

Sudden slump in Chinese stocks leaves experts at odds over immediate direction of equities

The trigger for Friday’s share selling (SCI down 1.6pc) came from a statement by the China Iron and Steel Association that questioned the recent quick rise in steel prices

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Stacks of rebar await delivery at Shanxi Zhongsheng Iron and Steel in Fenyang, Shanxi Province. The Shanghai Futures Exchange said it will increase the cost of trading in steel rebar contracts fivefold, and impose a limit on the daily number of new contracts that can be bought and sold, starting this week. Photo: Reuters
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