On October 28, Hong Kong stock market steel stocks collectively rose, with Chongqing Iron & Steel up over 44%, Maanshan Iron & Steel up over 14%, chinavtm mining up over 13%, irc up over 11%, angang steel up over 9%, china oriental and china hanking up over 7%, tiangong int'l up over 4%. On the news front, it was reported by media that the China Iron and Steel Association will accelerate research to promote capacity governance and joint restructuring. The China Iron and Steel Association has already begun to expedite related research, conduct special investigations, and put forward a comprehensive set of policy recommendations to promote joint restructuring and improve exit mechanisms. (GLH)