Sungrow Power Supply: The growth rate of performance continues to slow in the first three quarters. Plans to issue GDR for fundraising to expand production capacity|Interpretations
①The dual leading sungrow power supply in energy storage and power inverter no longer maintains high growth momentum, with revenue growth but profit declining in Q3 this year; ②The company plans to issue GDR to raise 47.8 billion yuan and indicates that the existing production capacity is far from enough to meet the future broad market demand, urgently needing to prepare for production capacity construction.
Express News | The China-US Financial Working Group held its sixth meeting, where both sides communicated on topics such as the macroeconomic and financial situations of the two countries, monetary and financial policies, financial stability and regulation, and capital
500 billion yuan! The central bank's first implementation of buy-back reverse repurchase, what is the impact on the market?
Looking at the comprehensive use of various monetary policy tools, the central bank injected net long-term liquidity of over 600 billion yuan in October, maintaining a relatively large net injection intensity. The central bank did not disclose the interest rate of this outright reverse repo operation, and Mizuho Securities believes that the effect of the 500 billion yuan injection is equivalent to a 25 basis point reserve requirement cut.
Bullish news is here! The unexpectedly positive data, foreign institutions continue to be bullish on the Chinese stock market.
In recent trading days, A-shares have remained volatile, but the market trading atmosphere remains active, and the financing balance continues to rise. At the same time, multiple foreign institutions have spoken out, continuing to be bullish on the Chinese stock market.
Closing out October! The three major indices opened high and closed low with large downward trends, while the software and semiconductor sectors surged.
On October 31st, A-shares' three major indices had mixed performance in October, but all ended the month with large bearish candles on the monthly K-line chart. Specifically, the Shanghai Composite Index fell by 1.7% to 3279 points, the Shenzhen Component Index rose by 0.58% to 10591 points, and the ChiNext Price Index fell by 0.49% to 2164 points. In terms of sectors, the top five sectors with the highest gains in October were: software surged by 54.02%, semiconductors rose by 49.77%, non-metallic materials increased by 8.16%, photovoltaic equipment rose by 47.29%, and IT services gained by 45.64%. All sectors saw gains in October, with banks, coal, kitchen and bathroom appliances, construction and special equipment, as well as road and railroad sectors having the smallest gains.
A-share market review: The three major indexes fluctuated and strengthened, with trading volume in both markets exceeding 2 trillion again.
The trading volume in the two cities exceeded 2.2 trillion yuan, with more stocks rising than falling in all market, with over 3400 individual stocks increasing.