Chinese stocks under stress on inflationary concerns

Chinese stocks under stress on inflationary concerns


Chinese stocks turned lower today as geopolitical sentiments stayed stressed. Inflationary pressures also weighed as Chinese producer price index jumped 3.9% from a year ago, hitting the highest since July 2022. Consumer prices rose 1.2% in May from a year earlier, holding onto a broadly upward trajectory as it stood at just 0.2% in January. The benchmark Shanghai Composite Index fell 0.42 percent to 3,993.23 points. The Shenzhen Component Index closed 2% lower at 14,954.1 points. The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, lost 2.7% to close at 3,854.79 points. Overall mood has been volatile for Chinese stocks this week and the Shanghai Composite had slipped to two-month low on Monday. Risk sentiment was lax today as the US stocks stayed under pressure on war worries. NASDAQ slipped 0.97% yesterday and led losses yet again.

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First Published: Jun 10 2026 | 6:04 PM IST



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Chinese stocks under stress on inflationary concerns

Outward Foreign Direct Investment tumbles 49% on month in May-26


According to the latest data on the summary of Outward Foreign Direct Investment (OFDI) from the Reserve Bank of India (RBI), the total financial commitment from India stood at USD 4488 million in May 2026, down 49% compared to April 2026. However, it saw a rise of 34.56% compared to May 2025.

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First Published: Jun 10 2026 | 6:04 PM IST



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इमारत 32 फ्लोर की और बेच दिया 34वीं मंजिल का फ्लैट, रियल एस्टेट के अनोखे स्कैम ने सबको चौंकाया

इमारत 32 फ्लोर की और बेच दिया 34वीं मंजिल का फ्लैट, रियल एस्टेट के अनोखे स्कैम ने सबको चौंकाया


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Key points generated by AI, verified by newsroom

  • 34वीं मंजिल का फ्लैट बेचा, बिल्डिंग 32 मंजिला निकली।
  • शेन को धोखाधड़ी का पता चला, डेवलपर ने टाला।
  • कोर्ट ने भुगतान आदेश दिया, पर रकम अटकी रही।

Chine Real Estate Scam: रियल एस्टेट सेक्टर में बढ़ते घोटालों के बीच चीन के शानक्सी प्रांत से एक चौंकाने वाला मामला सामने आया है, यहां एक व्यक्ति ने 34वीं मंजिल पर फ्लैट खरीदा था, लेकिन बाद में पता चला कि उस बिल्डिंग में केवल 32 मंजिलें ही मौजूद थीं. इस घटना को जानकर हर कोई ही हैरान रह गया है. 

2013 में खरीदा था फ्लैट 

रिपोर्ट के मुताबिक, शेन नाम के व्यक्ति ने 2013 में शियान के पास एक गांव में यह फ्लैट खरीदा था. उन्होंने 90 वर्ग मीटर का यूनिट 34वीं मंजिल पर लिया था, जिसकी कीमत लगभग 2,646 युआन प्रति वर्ग मीटर थी. यह कीमत उस टाइम इलाके के औसत घरों से काफी कम थी, क्योंकि यह प्रोजेक्ट ग्रामीण जमीन पर बना था. यह प्रोजेक्ट ग्रे-मार्केट हाउसिंग के तहत आता था, जो अक्सर बिना सही सरकारी मंजूरी के ग्रामीण जमीन पर बनाए जाते हैं. ध्यान देने वाली बात तो यह है कि ऐसे घर सस्ते जरूर होते हैं, लेकिन इनमें कानूनी सुरक्षा और दोबारा ब्रिकी की सुविधा नहीं होती है. 

30 जून से बंद हो जाएंगे कागजी नोट, RBI लाएगा प्लास्टिक वाली करेंसी? सरकार ने क्या कहा, जानें

धोखा कैसे हुआ?

बता दें कि शेन ने 2013 में लगभग 117,700 युआन का डाउन पेमेंट किया था. डेवलपर ने वादा किया था कि 2015 तक फ्लैट सौंप दिया जाएगा, लेकिन यह प्रोजेक्ट टाइम पर पूरा नहीं हुआ, जिसके बाद 2017 में डेवलपर ने कहा कि प्रोजेक्ट पूरा हो चुका है और साथ ही उसने बाकी के पैसे देने को भी कहा, लेकिन शेन ने चाबी मिलने के बाद ही बाकी के पैसे देने की बात कही.

ऐसे हुआ 32वीं मंजिल का खुलासा

चौंकाने वाली बात तो यह है कि कुछ टाइम के बाद शेन को पता चला कि बिल्डिंग में केवल 32 मंजिलें ही बनी हैं. पहले उन्हें 32वीं मंजिल पर फ्लैट देने की पेशकश की गई, लेकिन बाद में वह भी उपलब्ध नहीं रहा. जिसके बाद शेन ने पैसे वापस लेने की मांग की, लेकिन डेवलपर ने फंड की कमी का हवाला देते हुए उन्हें टालता रहा. जिसके बाद उन्हें 2020 में 20 हजार युआन (भारतीय रुपये में लगभग 2.2 लाख से 2.3 लाख रुपये) और 2022 में 50 हजार युआन वापस मिले (लगभग 5.5 लाख से 5.8 लाख रुपये) , लेकिन बाकी पैसा अभी अटका हुआ है. 

78 दिनों तक नहीं बढ़ेंगे पेट्रोल-डीजल के दाम? ईंधन पर सरकार खर्च करेगी 1.23 लाख करोड़

मामला पहुंचा कोर्ट तक

जब डेवलपर ने बाकी की रकम नहीं वापस की तो शेन ने मामला कोर्ट तक पहुंचाया. जिसके बाद मध्यस्थता आयोग ने डेवलपर को ब्याज और मुआवजे सहित पैसा लौटाने का आदेश दिया, लेकिन मई 2026 तक भी पूरा भुगतान नहीं हुआ. 



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Chinese stocks under stress on inflationary concerns

NLC India ends steeply lower after OFS concludes


NLC India tumbled 5.58% to Rs 309.55 after offer for sale announced by the company’s promoter concluded on 10 June 2026.

The President of India, acting through the Ministry of Coal, is offering up to 2.77 crore equity shares, representing 2% of NLC India’s paid-up equity capital, as the base offer.

The government decided to exercise an oversubscription option to sell an additional 1.38 crore shares of the company, equivalent to another 1% stake.

With the oversubscription option, the total offer size will rise to 4.15 crore shares, representing 3% of the company’s equity capital.

At the floor price of Rs 303 per share, the base offer is valued at about Rs 840 crore. Including the oversubscription option, the total issue size approximately equals to Rs 1,257.45 crore.

 

The floor price was set at Rs 303 per share, a discount of 9.73% to the BSE closing price of Rs 335.65 recorded on Monday (08 June 2026).

The government has reserved 41.59 lakh shares for retail investors. The non-retail category has been allocated 3.74 crore shares.

The OFS opened for non-retail investors on 9 June 2026 and for retail investors and eligible employees on 10 June 2026. Non-retail investors were also allowed to carry forward their unallotted bids to the second day and revise them in accordance with SEBI guidelines.

According to BSE data, the offer received bids for 3.56 lakh shares as of 15.30 IST on the second day, translating into 8.56% subscription of the total retail portion of 41.59 lakh shares. The indicative clearing price stood at Rs 326 per share.

NLC India has also earmarked up to 25,000 shares for eligible employees. Employees can place bids worth up to Rs 5 lakh, although allocations will initially be considered up to Rs 2 lakh per employee.

NLC India is a Navratna public sector enterprise engaged in lignite mining and power generation. The Government of India held 72.20% in the company as on March 2026.

On a consolidated basis, NLC India’s net profit surged 189.12% to Rs 1393.46 crore while net sales rose 31.45% to Rs 5042.46 crore in Q4 March 2026 over Q4 March 2025.

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‘Start from zero’: Jemimah Rodrigues reveals Sachin Tendulkar’s motivational advice before women’s World Cup final triumph

‘Start from zero’: Jemimah Rodrigues reveals Sachin Tendulkar’s motivational advice before women’s World Cup final triumph


India batter Jemimah Rodrigues has revealed that batting legend Sachin Tendulkar asked her coach to convey a simple but powerful message ahead of the 2025 ICC Women’s World Cup final, to keep her epic semi-final knock aside and start from zero in the title clash. 

India, who eventually won the 2025 Women’s ODI World Cup, are now aiming to win another ICC title on the trot when the Women’s T20 World Cup begins in England on June 12, with Lord’s scheduled to host the final on July 5.

“Sachin sir called my coach Prashant Shetty. He asked him to tell me that he understood the past couple of days had been a lot for me, the big knock against Australia in the semi-final, the joy of beating them. But he reminded me that the job was not over yet. We still had a final to win.


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“He said, try to put that aside and start from zero. That message really helped me reset my mind. I understood that what you did before does not win you the next game. You must treat every match as a new start. That advice from a legend gave me so much clarity before the final,” said Jemimah on JioStar.

Shafali Verma, who played a match‑winning role with both bat and ball, recalled her father’s motivating message ahead of the title clash in Navi Mumbai. “We had two off days before the final. My dad sent me a voice note. He said, ‘Just work hard. Give your best on the field. And it has to be in writing that Shafali Verma helped India win the World Cup.’ That voice note gave me extra fire. I knew I had to perform not just for myself, but for him and for the team. It pushed me to give everything I had on the field.”

Skipper Harmanpreet Kaur reflected on the team’s mindset and her instinctive call to hand the ball to Shafali, as she picked two game-changing wickets. “In the past, we have played South Africa many times and won most of those matches.

“The league game against them had its ups and downs, but we were still confident. The only thing we discussed was: if we bat first in the final, don’t go in expecting to score 300 runs. If you carry that expectation, you will end up making mistakes. Even though we had five proper bowlers, I don’t know why her name kept coming to my mind.

“I felt it was her day, so I had to use her somehow. Then Laura Wolvaardt and Sune Luus started building a partnership. That was the moment I knew I had to bring on Shafali. If that partnership grew, our chances of winning would drop.

“Chasing 300 on that sticky pitch was not as hard in the second innings because of the dew. It had rained and the outfield was wet. It was doing a lot off the surface. So, I asked Shafali if she wanted to bowl. She said yes with great confidence: ‘I will bowl, and I will take wickets,” she concluded.



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