Chinese Cities: Ordos in China’s A-Share Market

With mineral resources generating an average per-capita annual output value of 250,000 yuan—equal to an average annual income of 250,000 yuan per resident—the city grew wealthy off coal. But as coal prices fell and later surged due to the pandemic, the stock-price swings of Ordos-listed companies on China’s A-share market perfectly mirrored the city’s ups and downs.

Leading the nation in per capita GDP—and yet this city is listed on the A-share market

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Category: City News Briefs