BEIJING, Oct 31 (Reuters) - China's factory activity contracted more than expected in October to shrink for a second month, hurt by persistently high raw material prices and softer domestic demand, pointing to more economic disquiet in the final quarter of 2021.
The official manufacturing Purchasing Manager's Index (PMI) was at 49.2 in October, down from 49.6 in September, data from the National Bureau of Statistics (NBS) showed on Sunday.
The 50-point mark separates growth from contraction. Analysts had expected it to come in at 49.7.
China's sprawling manufacturing sector has steadily slowed this year, with output in September growing at its most feeble pace since March 2020 due to environmental curbs, power rationing and higher raw material prices.
Ular dunno read chart leh. Sifu teaching leh. Raw materials up steel price up. Raw materials down then steel price down lah. Common sense leh. No need to see chart also lah. Chart is created by who. You know I know lah. Chart is created by shark mah. Shark craeted the chart it look nice nice uptrend so that shark can take profit when they is bad news out lah. Common sense lah. Correct?
takaje Ular, correlation of Hiaptek and steel price is weak at best. If u want to talk about chart, that's what the charts show. lol
U are buying stock, not speculating steel CFDs.
UlarSawa When steel price up. promoter also same everyday report steel price leh. Correct? 02/11/2021 9:41 AM
Posted by Bizfuneng > Nov 2, 2021 10:08 AM | Report Abuse
OTB, you like an unsinkable ship. So many attacks from the jokers you still unwavering and steadfast. Thumb up for you. --------------- Sharing is caring. I am very blessed to make so much money in 2021. Of course less than 2020 which is my golden year. Thank you.
No need to go to US, KLSE is good enough for me. Making profit since 2009 until 2021 except 2018. The wealth gain is enough for my retire life. FYI, I do some charity in our hometown. At least I contribute some back to our hometown. Thank you.
How can keep let the steel price rocket up and affect the rest wanted to use it post pandemic recovery stage leh. US and Allies want to fight China Steel maker so easy kah. Who so stipid want to buy steel at higher price if you can get cheaper from China leh. You dont buy other countries are buying China steel also leh.Who can get cheaper price pay lesser mah. Common sense lah. China produce more than half of world steel supply leh. Siapa can beat China lah. Takda lor. Correct?
Ular just a poor chap only need 3 meals a day is very happy already leh. You see Ular hang white flag at home waiting the good samaritan to donate groceries and toiletries leh. Cash poor and asset poor leh. Thats why no money to buy Hiaptek at 70sen leh. Only the rich one can afford leh. Correct?
takaje Ular I think u act dumb only. I know ur bank account is very fat. Lol 02/11/2021 10:11 AM
Ular always read many ppl not happy sifu with subscribers one lah. Why ha. Sifu ada knowledge and teach the subscribers and collect a bit of subscription fee is very common and reasonable leh. Nothing is free in this world leh. If you can you also can be a sifu and sell your service to public lah. Why always attack sifu leh. Ular at TopGlove also see many ppl keep attack FB sifu with platinum memberships one. Sifu also need to make a living baru selling the service mah. Correct?
Ular no money to pay platinum membership but sometime ada watch the foc FB sifu sharing also leh. Learnt something also that is most valuable knowledge Ular ever learnt leh. The FB sifu cakap one. Simple thing just keep repeat doing it. Correct?
Pay platinum membership, then sailang 5x margin kawkaw kah? More syok than go to Genting. 02/11/2021 10:44 AM
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
UlarSawa
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Posted by UlarSawa > 2021-11-02 08:51 |
Post removed.Why?