Global Markets React to China’s Grid Investment, Major M&A, and Shifting Commodities

Key TakeawaysChinese power stocks surged following State Grid's announcement of a record US$574 billion investment plan over the next five years to modernize its power networks and significantly boost renewable energy capacity.Mitsubishi Corp (MSBHF) is reportedly in advanced discussions for its largest-ever acquisition, an $8 billion deal for Aethon Energy Management's U.S. shale production and pipeline assets, aiming to bolster its natural gas presence.Palladium prices experienced a notable decline, slidi ...