Â
>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
Â
Â
China Baowu Steel Group, the country’s largest steelmaker by output, has agreed to take a controlling stake in stainless steel giant Taiyuan Iron & Steel (Group) Co Ltd, known as TISCO, in a further consolidation of the steel sector.
Baowu Group reached agreement with Shanxi State-owned Capital Operation Co Ltd on Friday to take a 51% stake in TISCO, according to a filing on the Shenzhen Stock Exchange by Shanxi Taigang Stainless Steel, a TISCO subsidiary.
The 51 per cent stake is worth 14.5 billion yuan ($2.10 billion), based on an . . .
Sign In or Subscribe To Get Full Access.Â
We Are Live On THE WIRE Every Trading Day. Don't Miss Out. Grab Limited-Time Welcome Offer!
Users' reviewsÂ
Mike379 💬
"I appreciate the site because it contains all the news necessary to follow China market. With the comprehensive coverage and live updates, I no longer need to scour multiple sources. It's saved me so much time and hassle."Â
D. Alonso 💬
"I've been using this platform for a while now, and one thing that impresses me is regulatory updates, on both national and regional levels, which is hard to find in other sources. This kind of information really helps me get a comprehensive and deeper understanding of what's happening on the ground."
CJ 💬
"I used to rely on more general mainstream sources for China market information, but I found their coverage was often too broad and random, lacking critical details and local context. Yuan Talks' more focused and systematic approach has changed the way I stay informed. If you're serious about navigating the China market, this platform is highly recommended."
Â
Osterman 💬
"The platform has made tracking China market incredibly easy. I can quickly access all the information I need and effortlessly navigate through the platform to stay updated on the latest developments in the Chinese market."
J. Lee 💬
"Very comprehensive website about China, realtime news, professional views, industry data etc. Perfect place to go if you need to monitor China market."
They work with us
  
Sign Up For Free Weekly China Market Highlights HERE!Â