Brokers Bullish on These 3 Auto Stocks: Is There Still Time to Buy?
Today, the price of battery-grade lithium carbonate has increased by 1000 yuan compared to the previous day.
On September 13, Gelonhui | Shanghai Ganglian E-commerce Holdings released data showing that today's battery-grade lithium carbonate prices rose by 1000 yuan compared to the previous day, with an average price of 0.0755 million yuan/ton, marking the third consecutive day of increase.
Here's What Could Help Byd Co. (BYDDY) Maintain Its Recent Price Strength
BYD: There are no plans to make motorcycles. The design and styling in question are designed by BYD Electronic as an OEM customer.
On September 12th, Li Yunfei, General Manager of the Brand and Public Relations Department of BYD Group, posted on Weibo saying that the design of the electric motorcycles in question was created by BYD Electronic, a subsidiary of BYD, for its contract manufacturer at the end of last year. He reiterated that BYD is now and will continue to focus on its main business and has no plans to make motorcycles.
Lithium Price Bounce Likely on Potential Supply Curtailment -- Market Talk
CATL May Reduce Lithium Output Given Price Pressures -- Market Talk
Bocom Intl: Expecting further growth potential for domestic battery companies in overseas markets.
Gelonghui September 12th | Bocom Intl published a report pointing out that the overseas sales of new energy vehicles in July were sluggish, leading to a slowdown in the growth of battery installations. From January to July, the overseas market's battery installations increased by 13% to 193GWh annually, with a 10% annual increase to 28GWh in July.
The price of lithium carbonate futures has surged, with a single-day increase of nearly 0.03 million contracts. The rumor of production suspension at Contemporary Amperex Technology has been confirmed. Will there be a bottoming out and rebound?
① Market experts have stated that if there is a significant reduction in the output of lithium carbonate in the coming months, the destocking level in September and October may exceed expectations; ② As the consumer market enters the peak season of "Golden September and Silver October", the fundamentals have improved recently and a turning point in inventory has already emerged.
BYD Electronic (00285.HK) received a shareholding of 0.169 million shares of common stock from Jiang Xiangrong, worth approximately 4.6129 million Hong Kong dollars.
On September 11th, according to the documents disclosed by the Hong Kong Stock Exchange, Jiang Xiangrong increased his shareholding in BYD Electronic (00285.HK) on September 4th at an average price of 27.2955 Hong Kong dollars per share, acquiring 0.169 million shares of common stock, with a total value of approximately 4.6129 million Hong Kong dollars. Following the shareholding increase, Jiang Xiangrong's latest shareholding amount is 0.169 million shares, with a holding proportion of 0.00%. Source of image: Stock Exchange equity disclosure. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their shareholding in listed companies. Directors and major shareholders of listed companies are required to disclose their equity interests.
TrendForce: Cell prices continued to decline in August, and demand is expected to pick up in September.
According to the latest research results from TrendForce, the market situation of battery metals such as nickel, cobalt, and lithium remained weak in August, and the prices of related raw materials continued to fall.
Did the lithium battery sector rise sharply? Is the cyclical bottom here?
In the futures market, the main contract for lithium carbonate rose more than 7% at one point during the intraday trading, reaching a high point in over a week.
Hong Kong stocks fluctuate | Apple suppliers generally under pressure Apple ordered to pay hundreds of billions in back taxes, Fuli points out that the iPhone 16 features no major surprises.
Apple supplier stocks are generally under pressure. As of the time of writing, Q Tech (01478) fell 3.16%, closing at HKD 4.29; BYD Electronic (00285) fell 2.88%, closing at HKD 25.3; Tongda Group (00698) fell 2.7%, closing at HKD 0.072.
Express News | In August, China's power battery installation volume was 47.2 GWh, an increase of 35.3% year-on-year.
Fortune: The features of the Apple (AAPL.US) iPhone 16 are not very surprising. It is expected that the stock price of the iPhone supply chain will face pressure in the coming months.
Furui released a report stating that all the new features of Apple's latest smart phone series, the iPhone 16, meet expectations, including the use of Taiwan Semiconductor's 3-nanometer technology A18 and A18 Pro chips. The Pro and Pro MAX models have expanded their screens by 0.2 inches, with 48 million pixel wide-angle and telephoto lenses, new shooting buttons, and artificial intelligence functions. The price of the phone remains unchanged, but the trade-in price has increased to encourage users to upgrade. The bank still believes that Apple's artificial intelligence, Apple Intelligence, will have a significant difference from Android platform phones.
AI VS Triple Fold, Huawei and Apple's press conferences clash, consumer electronics welcome layout window? (With concept stocks)
In any case, both Apple and Huawei bring a sense of freshness to people. Many market voices anticipate that a wave of device upgrades will follow the launch of new products.
20 companies participated! Photovoltaic leader predicts that the bottom has been reached. Three major directions of lithium battery companies are being watched closely. | Directly hit the earnings conference of the Star New Energy Fund.
① In the photovoltaic industry, leading companies mentioned that the bottom of the industry has been reached, but the turning point still needs time. Many leading companies have disclosed tax incentives for building factories in the USA. ② In the lithium battery industry, solid state batteries, consumer batteries, and overseas markets have become breakthrough points for companies. ③ Enterprise capacity and capacity utilization are of concern. Many companies mentioned that capacity utilization will increase.
The Hang Seng Index fell 247 points, with property and commodity stocks leading the decline. Nio Inc. rose 13%.
Market concerns about the economic outlook of China and the usa, with the usa adding 0.142 million non-farm jobs in August, falling short of expectations, and China's CPI rising 0.6% year-on-year in August, lower than expected, while PPI fell 1.8% year-on-year, exceeding expectations. The Hang Seng Index (9th) fell. The Hang Seng Index opened low by 182 points and the decline expanded. In the afternoon, it fell by 376 points to 17,067 points, down 247 points or 1.4% for the whole day, closing at 17,196 points; the National Index fell by 102 points or 1.7%, closing at 6,002 points; the Hang Seng Tech Index fell by 51 points or 1.5%, closing at 3,436 points. The Hang Seng Index series quarterly review and weight adjustment take effect today, with the full-day market turnover.
The latest overseas Chinese stock strategy preferred combination in Zhongjin's "Dahang" (table).
CICC released a report, listing the latest overseas Chinese-funded stock strategy first choice combination: shares│Forecasted earnings per share this year fluctuates Tencent (00700.HK)│+53.1% China Mobile (00941.HK)│+7.6% CNOOC (00883.HK)│+19.7% BYD Electronic (00285.HK)│+13.3% China Pacific Insurance (02601.HK)│+39.5% Xiaomi-W (01810.HK)│-7.2% Hisense HA (00921.HK)│+19.1% WH Group (00288.HK)│+101.2%
Zhao Yin International: It is expected that there will be no significant price increase for new iPhone products this year. Recommended stocks include BYD Electronics (00285).
CICC expects that there will be no significant price increase for the new iPhone this year, but the 128GB model may be discontinued, indirectly raising the starting price.
Hong Kong stock market anomaly | Cowell (01415) fell more than 3%, leading the decline in the apple supplier concept. The AI function may not be enough to stimulate the upgrade of the phone. The rumor of choosing between the two has sparked heated discuss
Apple concept stocks continued to decline in the near term. As of the time of publication, Cowell (01415) fell by 3.41% to HKD 21.25; tk group hldg (02283) fell by 1.74% to HKD 1.69; Tongda Group (00698) fell by 1.35% to HKD 0.073; BYD Electronic (00285) fell by 0.37% to HKD 27.1.
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