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28 Jul, 4 tweets, 3 min read
The #Evergrande-Backed sector gains by 7.6%, China Evergrand New Energy Vehicle up 12.8% and Evergrande Property Services up 5.0%.
#China #StockMarket #NEV Image
Press Release: Fitch Downgrades Evergrande and Subsidiaries, Hengda and Tianji, to 'CCC+'.
#China #Evergrande
Fitch: The downgrade reflects #Evergrande's diminishing margin of safety in preserving liquidity.
fitchratings.com/research/corpo…
Evergrande Property Services says it feels regretful and can't understand CCXI's downgrading to its co.'s and bonds' rating outlook.
#China #Evergrande
xinpi.stcn.com/finalpage/2021… Image

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CN Wire Profile picture
30 Jul
China's Politburo held a meeting to analyze the current economic situation and economic work, presided over by General Secretary Xi Jinping.
#China #Economy
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30 Jul
Hang Seng Index opens 1.1% lower.
Hang Seng Tech Index opens 3.2% lower, #Bilibili down 6.0%, #Meituan down 4.5% and #Alibaba down 4.8%.
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30 Jul
Coking coal futures rise more than 4% in Dalian, while stainless steel and hot-rolled coil contracts in Shanghai up 2.5%.
#China #futures #steel #coal Image
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#Iron #Ironore #steel Image
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29 Jul
$DIDI up more than 7% in the premarket session.
#Didi Image
$DIDI now surges more than 10% premarket. #Didi
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CN Wire Profile picture
29 Jul
FTSE China A50 Index futures open 2.6% higher on Thursday morning following the 3% gain overnight.
Sources said China's authority had a hastily call with major intl banks in a bid to restore the market calm after the recent rout.

#China #StockMarket Image
Hang Seng Tech Index up 6%, #Meituan jumps 10%, #Tencent rises 7% and #Alibaba gains 5%.
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28 Jul
#OOTT | #EIA weekly data
#Crude stocks -4.089M
#Gasoline stocks -2.253M
#Distillate stocks -3.088M
#Cushing stocks -1.268M
#OOTT | #EIA: US crude inventory falls by most in west coast.
#OOTT | #EIA: US strategic petroleum reserve steady at 621.3 mln. Image
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