No Data
No Data
Founder Securities: Prices of non-ferrous industry and industrial metals are weakening, and gold prices are reaching new highs.
Domestic demand for industrial metals has entered the off-season, coupled with increasing expectations of a U.S. economic downturn. Industrial metal prices may remain weak, and attention can be paid to downstream demand changes in the off-season. In addition, the expectation of interest rate cuts is gradually fermenting, coupled with the weakening of the U.S. credit system, and the short-term gold price may maintain a high-level shock trend.
A stock midday review: The Chinext Price Index rose 0.1%, with more than 4300 stocks rising. The photovoltaic sector has triggered a wave of limit-up trading.
As of the midday closing, the Shanghai Composite Index fell 0.42% to 2889.62, the Shenzhen Component Index rose 0.13%, and the Chinext Price Index rose 0.1%. Over 4300 individual stocks increased.
HK stocks move | Tianqi Lithium Corporation (09696) rebounded by over 4%. The impact of the earthquake in Chile on local salt lake enterprises is limited. The company is the second largest shareholder of SQM.
Shares of Tianqi Lithium Corporation (09696) have rebounded more than 4%. As of the time of writing, they have risen 3.94% to HKD 21.1, with a turnover of HKD 12.9375 million.
Hong Kong stock market fluctuations | Low lithium prices squeeze smelting companies, Ganfeng Lithium (01772) and Tianqi Lithium Corporation (09696) both fell by more than 3%.
Lithium industry stocks fell today. As of press time, Ganfeng Lithium (01772) fell 3.21%, reporting HKD 17.48; Tianqi Lithium Corporation (09696) fell 3.47%, reporting HKD 20.85.
Mid-day Brief: The three major indexes fell together, with the NASDAQ dropping over 1%. Semiconductor and Apple supplier stocks fell, with BYD Electronic and Hua Hong Semi dropping over 5%.
As of press time, Hang Seng Index fell by 0.41%, CSI 300 fell by 0.47%, and ChiNext fell by 1.31%.
Cui Dongshu: In June, 43 GWh of lithium batteries were installed, with phosphate iron lithium batteries accounting for 74%, and the growth of ternary batteries slowing down.
In June, the shipment volume of lithium batteries was 43 GWh, a 30% YoY increase; the shipment volume of lithium iron phosphate batteries was 32 GWh, accounting for 74%, and the growth of ternary batteries slowed down. From January to June, the shipment volume of lithium batteries was 203 G, with a YoY increase of 34%.
No Data