Chips, coal and property top traders’ watch list

Market intervention: A worker sorts coal near a coal mine in Datong, northern Shanxi province. Shares of coal miners have been slumping as the government took extraordinary steps to tame surging prices amid power shortages. — AFP

BEIJING: After a year-long regulatory crackdown that wiped out trillions of dollars from Chinese equities, investors are on high alert for the risk of more policy change as the Communist Party kicks off a major convention this week.

With President Xi Jinping looking to lay the groundwork for the Party Congress next year that should extend his term, the plenum is seen as a chance for him to reinforce his current “Common Prosperity” push or even usher in new policies that reverberate through equities.