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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 44.63 AUD | -1.02% |
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-2.85% | -11.47% |
| 05:44am | Fitch Maintains BHP's Ratings on Strong Business Profile, Energy Transition Strategy | MT |
| 03:12am | Australian shares face worst week in 19 months on US rate cut woes, geopolitical concerns | RE |
(Reuters) - BHP Group's Chief Executive Mike Henry said that "all fundamentals are in place" in China for continued economic growth over the next 20 years.
China, the world's second biggest economy, accounts for more than 50% of global demand for raw materials. Its economic activity has this year been dampened by targeted lockdowns in response to COVID-19 outbreaks.
Speaking at the Reuters NEXT conference in New York Henry, head of the world's largest listed mining company, said he expects to see an "increasing domestic drive towards economic growth in China".
(Reporting by Clara Denina, Ernest Scheyder; Editing by Kirsten Donovan)
| 1st Jan change | Capi. | |
|---|---|---|
| -11.47% | 147B | |
| -7.91% | 115B | |
| +0.47% | 71.95B | |
| +13.29% | 54.1B | |
| +10.10% | 46.46B | |
| +10.58% | 32.99B | |
| +15.41% | 24.77B | |
| +25.42% | 20.47B | |
| +48.05% | 17.88B | |
| +49.27% | 17.26B |
BHP GROUP LIMITED 
