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Sinic becomes first mainland Chinese developer to be delisted in Hong Kong, as debt-laden firm is unable to set house in order - Vimarsana News

Sinic becomes first mainland Chinese developer to be delisted in Hong Kong, as debt-laden firm is unable to set house in order

Shares of Sinic Holding Group, which had been suspended since September 2021, will be delisted from Thursday. At least nine other Chinese developers could be…

Source: biztoc.com
Evergrande Crisis Could Be a Canary in the Coal Mine - Vimarsana News

Evergrande Crisis Could Be a Canary in the Coal Mine

News Analysis As China’s real estate behemoth Evergrande, saddled with $300 billion in liabilities, dances ever closer to ...

Mainstream Rebar and HRC Prices Increased by over 100 yuan/mt 【SMM post-holiday review】_SMM - Vimarsana News

Mainstream Rebar and HRC Prices Increased by over 100 yuan/mt 【SMM post-holiday review】_SMM

In terms of HRC, the supply of low-alloy varieties in some cities is slightly tight before the holiday according to SMM survey, but the overall supply has been abundant. During the holidays, the inventory in some mainstream cities is basically stable during the holiday. It is expected that the prices of HRC will follow the general trend.

Source: metal.com