China’s Rare Earth Producers Rising

Bloomberg reported China stocks saw unusual movement on Thursday  as the Shanghai Composite Index and the CSI 300 Index rose.

As quoted in the market news:

Inner Mongolia Baotou Steel Rare- Earth Hi-Tech Co. (600111) (600111 CH), China’s biggest producer of rare earth, rose 3.3 percent to 49.76 yuan. Xiamen Tungsten Co. (600549 CH), which also produces rare earth, added 1 percent to 37.10 yuan.

Click here to read the full Bloomberg report.