Iron ore futures extend loss to 5%, back to 1066 yuan per ton, the lowest since May 31.
The steel capacity limitation set by the industrial department still has negative impacts on the iron ore demand. #Iron#Ironore#steel
The most-traded iron ore futures in China collapse 9% intraday, to the two-month low.
The coke futures drop nearly 3% in the afternoon trading. #China#ironore#coke#Futures#Commodities
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China's Politburo held a meeting to analyze the current economic situation and economic work, presided over by General Secretary Xi Jinping. #China#Economy
$DIDI skyrocketed 46% in the US premarket as sources said that Didi global considers going private to placate #Beijing, compensate investors, and that it has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog -WSJ
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.