Domestic smelters’ output grew nearly 5% in 2020 to just over 37 million tons

In campaign to make tropical island a new commercial hub, Chinese authorities triple the annual buying limit to $14,000 and encourage new competition

A brokerage subsidiary of China’s largest state-owned investment holding company gets 8 billion yuan capital injection, joining almost a dozen other brokerages bolstering capital as regulators revise rankings

Jiumaojiu aims to raise $283 million, with plans to begin trading shares in mid-January