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Chinese stocks in Hong Kong are nearing a correction ahead of the Plenum meeting in Beijing. The commodities markets in China are showing a bearish trend, indicating concerns over overcapacity and weak demand. Hang Seng and China A50 futures are under pressure before the upcoming policy meet.
Chinese commodities markets entered the second half with a bearish tilt, raising expectations that next week’s big policy meet in Beijing will show how the government plans to approach problems around overcapacity and faltering demand. https://t.co/53JcB175z7
🇨🇳 #China’s Plenum Promises Cues for Commodity Bulls and Bears – Bloomberg https://t.co/blT6hzWYR5 https://t.co/HNHisYOjKa
#Chinese commodities markets entered the second half with a bearish tilt, raising expectations that next week’s big policy meet in Beijing will show how the government plans to approach problems around overcapacity and faltering demand