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Express News | CICC: Copper and oil prices are expected to remain high in the medium to long term
Express News | Goldman Sachs raised Brent crude oil price estimates for the second half of 2024 and 2025 to $86 and $82 per barrel, respectively (previously estimated at $85 and $80, respectively).
Huashang Energy (00206.HK): Huashang Xia Geng won a gold medal in the 3rd TERA-Award Smart Energy Innovation Competition
Gelonghui, April 24 | Huashang Energy (00206.HK) announced that the relevant group will inject RMB 58.19 million into Huashangxia Hydrogen Energy Technology (Xiamen) Co., Ltd. (“Huashangxia Geng”) in cash. As of the date of this announcement, the company held approximately 42% of Huashangxia Geng's shares. On April 22, 2024, Huashang Xia Geng's “Off-grid High-Performance Alkaline Hydrogen Production Equipment R&D and Industrialization” project won the highest gold medal and 1 million US dollars in the 3rd Tera-Award Smart Energy Innovation Competition. The “Off-grid High-Performance Alkaline Hydrogen Production Equipment R&D and Industrialization” project is committed to achieving low
Express News | CICC: External factors and supply clearance bring opportunities to the upstream resource industry, focusing on resource sectors such as gold, petroleum and petrochemicals, and non-ferrous metals
The tense situation in the Middle East seems to have been brought under control. Gold prices and oil prices have been weak at the beginning of the week
① Analysts said that since Iran will not carry out further attacks on Israel, the tension in the Middle East has eased; ② investors are gradually withdrawing from safe-haven assets. As of press release, the prices of assets such as gold, oil, and silver have all declined slightly.
Israeli missiles hit Iranian targets, gold, US debt and crude oil rose in a straight line, and the Asia-Pacific stock market fell across the board
Crude oil and gold rose in the short term, and the Asia-Pacific stock index generally fell. The MSCI Asia Pacific Index fell 2% to 166.98 points. The US Treasury yield dived. The US 5-year Treasury yield fell by 10 basis points due to concerns about the situation in the Middle East. The Asia-Pacific stock market fell across the board, and the Nikkei 225 index fell to 3%.
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