CN Wire (@sino_market) 's Twitter Profile
CN Wire

@sino_market

FICC investor, researcher, energy observer.
Covering China's business and market.
#CN_Note #ChinaChart

ID: 1244266306485932034

linkhttps://cnwire.wordpress.com/ calendar_today29-03-2020 14:13:08

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🇨🇳In August, #China's average temperature reached 22.6°C, which is 1.5°C higher than the historical norm for the same period. This marks the highest temperature recorded for August since 1961. x.com/AFP/status/183…

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🇨🇳Former PBOC Governor Yi Gang said #China should focus on fighting deflation, in a rare admission by a prominent figure in China that falling prices threaten the growth outlook. He said China’s immediate focus should be to turn its GDP deflator positive in the coming quarters.

🇨🇳Former PBOC Governor Yi Gang said #China should focus on fighting deflation, in a rare admission by a prominent figure in China that falling prices threaten the 
growth outlook.
He said China’s immediate focus should be to turn its GDP deflator positive in the coming quarters.
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⚡ The Chinese stock market rout continued on Friday, The Shenzhen Component Index extended its fall to 1%, and $SHCOMP dropped 0.2%. Over 87% of listed stocks are in red. #China #stockmarket $HSI

⚡ The Chinese stock market rout continued on Friday, The Shenzhen Component Index extended its fall to 1%, and $SHCOMP dropped 0.2%. Over 87% of listed stocks are in red.
#China #stockmarket $HSI
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Qualcomm has explored the possibility of acquiring portions of Intel's design business to boost the company's product portfolio. Intel is struggling to generate cash and looking to shed business units and sell off other assets. $QCOM $INTC reuters.com/technology/qua…

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🇨🇳According to a report by China Securities Journal, the Zhejiang Securities Regulatory Bureau has initiated a self-inspection process for private equity investment institutions, with a particular focus on bond trading. This is part of China's regulatory efforts to mitigate risks

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#China SHFE warehouse changes (weekly update): #Copper -26,371t (-10.91%)📉 #Aluminum -3,973t (-1.37%) #Zinc -78t (-0.09%) #Lead +4,674t (+18.08%)📈 #Nickel -169t (-0.75%) #Tin -1,017t (-9.41%)📉 #Rubber +3,193t (+1.24%)

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#LME Inventories update: #Copper +400t #Aluminum -3,500t #Nickel -42t #Zinc -900t #Lead +175t #Tin +50t Canceled Warrants: Copper -1,100t Aluminum -3,500t Nickel -42t Zinc +1,775t Lead -25t Tin +45t