CATL’s IPO pops in Hong Kong
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The premium for copper on COMEX has fallen to $600 a ton, a level traders say is still high enough to make a lucrative profit by sending copper to the United States.
According to the Federation of American Scientists, the U.S. deploys 400 Minuteman III ICBMs—each carrying a single warhead—in silos located in Colorado, Montana, Nebraska, North Dakota and Wyoming. The missile has an officially stated range of over 6,000 miles.
The US on Wednesday unveiled fresh sanctions against 6 people and 12 firms - including several based in China and HK - for their support of Iran's ballistic missile programme.
Shares in CATL closed 16% higher on their Hong Kong debut on Tuesday after the Chinese electric vehicle battery giant raised $4.6 billion in the world's largest listing this year, boosting prospects for equity sales by Chinese companies.
The government has been revoking student visas, causing potential instability for people who want to go there for school.
In today’s globalized world, cross-border logistics has become an essential bridge connecting different parts of the world. Whether for commercial freight, personal packages, or gift deliveries, the demand for shipping from Hong Kong to the United States continues to grow.
Unusually large shipments of copper to the United States are unlikely to abate as long as the threat of tariffs hangs over the market and price premiums for the metal on U.S.-based COMEX make deals profitable for traders and producers,