There was plenty of action among S&P/ASX 200 Index (ASX: XJO) shares over this last full trading week of 2023.
Here's why these four leading Aussie stocks managed to grab the Motley Fool's headlines.
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ASX 200 shares making moves
The week started with some promising news for Treasury Wine Estates Ltd (ASX: TWE).
That came after trade minister Don Farrell gave an optimistic assessment on the pending removal of China's wine tariffs. China slapped the punitive import duties on numerous Aussie commodities in 2020, after Australia called for an inquiry into the origins of the COVID-19 virus.
Those tariffs virtually gutted wine exports to China, which had previously been the top export market for Aussie wines.
In what would be good news for this ASX 200 share in 2024, Farrell noted that, "I would be very confident that early in the new year we will get a favourable result from the Chinese authorities to lift the ban on Australian wine."
The Treasury Wine share price is up 0.7% for the week in afternoon trade on Friday.
Also making the Motley Fool's headlines this week is ASX 200 lithium share Core Lithium Ltd (ASX: CXO).
Core Lithium made the headlines on Friday when the miner's shares plunged more than 21% in intraday trading.
This came after the company announced that it might scale back production due to fast-falling lithium prices.
The price of lithium-bearing spodumene concentrate is down some 80% in 2023 and down more than 40% since late October. In response, the ASX 200 share is upping its focus on cost reductions and productivity improvements.
The Core Lithium share price is down 16.1% for the week in afternoon trade on Friday.
Also grabbing the Motley Fool headlines
Two other ASX 200 shares that leapt into the Motley Fool headlines this week are real estate companies Lendlease Group (ASX: LLC) and Stockland Corp Ltd (ASX: SGP).
This came after Lendlease agreed to sell 12 Australian master-planned communities projects to Stockland and its capital partner, Supalai Australia Holdings, for $1.3 billion.
Lendlease reported that it expects to realise an approximate 20% premium to book value (pre-tax) from the deal, which it forecasts will contribute $130 million to $160 million to its FY 2024 core operating profit after tax.
Stockland said the agreement accelerates the execution of its portfolio reshaping strategy by increasing its capital allocation towards residential sectors.
The Stockland share price is down 1.4% for the week in afternoon trade on Friday.
The Lendlease share price also came under some selling pressure, with the ASX 200 share down 2.6% for the week at the time of writing.
