NEL7989

NEL7989 | Joined since 2022-04-12

Investing Experience Advanced
Risk Profile High

Followers

0

Following

0

Blog Posts

0

Threads

2

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
2
Past 30 days
0
Past 7 days
0
Today
0

User Comments
News & Blogs

2022-08-05 08:43 | Report Abuse

You are all rich people or descendant of China of course you feel for China. How about the China bully tactics towards our fellow fisherman in South China Sea? Are you aware of it? or you just plan ignorant because your perception is that China is helping the world. Come on!! If I am Taiwanese I would NOT want to unite with China.. I don't favour the hypocrisy of US either. Rich are always keen to impose their thoughts on others.

News & Blogs

2022-07-22 22:00 | Report Abuse

Price of iron and steel has dropped significantly and will continue to drop as demand in China is slow at the moment. Some companies have high inventories due to forward buying when the price were rising (purchases were made around March-April) in anticipation of higher price of steel in months to come - this never materialize of course. Some are currently off loading it at a loss. It also impacted some building material companies. We will see the impact in next quarter reporting.