Tag Archives: SINA

Top China Stocks To Own Right Now

What happened

Aluminum Corporation of China (NYSE:ACH) shares were on fire this week, popping almost 24% on heavy volumes by Sept. 9 to hit 52-week highs before cooling off a bit. The stock was still up 18% this week as of 3 p.m. EDT Friday, thanks to an unexpected event that has rattled global aluminum markets.

So what

West African country Guinea has the world’s largest reserves of bauxite, which is the principal ore for aluminum. China, the world’s largest aluminum producer, sourced nearly half its bauxite requirement last year from Guinea.

Prices of....More>>>

Best China Stocks For 2023

The Dow Jones Industrial Average rally that started off Tuesday fizzled by the closing bell, evidence that investors are still worried about the teetering China Evergrande Group and chewing on what the Federal Reserve will do next.

The Dow Jones Industrial Average fell 51 points, or 0.15%. The S&P 500 dropped 0.1% and the Nasdaq Composite advanced 0.2%. This came after the indexes had experienced gains and losses at different times during the trading session, part of a technical picture that signals markets still aren’t fully....More>>>