Jin Chengxin: Lubambi copper mine delivery matters are being promoted | Direct access to the results conference
① The company and the Lubambi copper seller agree to exercise their rights and perform their obligations normally in accordance with the agreement. Currently, the two parties are proceeding with this acquisition and settlement; ② Wang Qinghai believes that if it is possible to increase reserves through exploration, it is a more economical way to obtain resources.
Northbound Capital Purchase Report: China Aluminum received a net purchase of 274 million yuan
Northbound Capital made a significant net purchase of 1,045 billion yuan today, which is a net purchase for 2 consecutive trading days.
Major carbon neutrality policy released, the share of recycled metal supply is expected to rise sharply
① The State Council issued the “2024-2025 Energy Conservation and Carbon Reduction Action Plan”. The plan requires optimizing the layout of non-ferrous metal production capacity. By the end of 2025, the share of recycled metal supply will reach more than 24%, and the proportion of direct alloying of aluminum water will increase to more than 90%. ② Domestic waste non-ferrous metal recycling is estimated to be close to 20 million tons by 2027, which can replace more than 1.1 billion tons of non-ferrous metal mineral resources.
Northbound Capital Purchase Report: Zijin Mining received a net purchase of 220 million yuan
Northbound Capital made a significant net purchase of 3.399 billion yuan today.
Opinions | Analysis of the impact of the Hang Seng Index and Hong Kong Stock Connect adjustments
The scope of this adjustment covers the main flagship indices of Hong Kong stocks, such as the Hang Seng, the State-owned Enterprises Index, and the Hang Seng Technology Index; in addition, there are also partial adjustments to the Hang Seng Composite Index, which directly determines the scope of investment in Hong Kong Stock Connect.
The quarterly adjustment of the MSCI Index excludes 15 Hong Kong stocks. The effective date is scheduled for early June
① Which individual stocks will MSCI China adjust quarterly? ② How much impact does the MSCI Index have on the market?
Strong inflow of foreign capital is another trend vane: Middle Eastern tycoons increase their presence in China, and multinational sovereign wealth funds continue to lay out A-shares
① The Abu Dhabi Investment Authority and the Kuwait Investment Authority held a large number of A-share listed companies in the first quarter; ② the Middle East Sovereign Fund also stepped up research on A-shares ③ Other overseas sovereign wealth funds are increasing their layout in the Chinese market.
Weekly preview | Tech giants set off a frenzy of results releases! Tesla, Meta, Microsoft, and Google are on the list one after another
US GDP for the first quarter and core PCE data for March will be released. China's April LPR will be announced on Monday; the Bank of Japan will announce the new interest rate decision on Friday.
[Data review] Northbound Capital reduced its positions for 8 consecutive days, and many Zijin Mining's low-altitude economy concept stocks were bought by institutions
① Zijin Mining received a net sale of 377 million yuan from northbound capital today. The stock has been net sold for 8 consecutive trading days. ② Low-altitude economy concept stocks such as Wanfeng Aowei, CITIC Haizhi, and Andarville were all bought by institutions. Among them, Wanfeng Aowei was bought by an agency over 70 million.
Repurchasing shares is treated as a cash dividend, Haomei New Materials reviewed and passed a bill not to pay a cash dividend
① At the company's 2023 shareholders' meeting, the shares of small and medium shareholders who opposed the “Proposal on Not Implementing Cash Dividends in 2023" accounted for 56.3636% of the shares ② The company's main operating indicators all reached record highs in 2023 ③ The company claimed that the amount of shares repurchased was treated as a cash dividend, and the 2021-2023 cash dividend met the requirements
Heavy warehouse bought back Meituan Kuaishou! Zhong Geng Qiu Dongrong's quarterly report revealed that there were many moves to adjust positions
Early this morning, Qiu Dongrong's products revealed a quarterly report.
Northbound Capital Purchase Report: Changan Auto received a net purchase of 435 million yuan
Northbound Capital made a significant net purchase of 2,022 billion yuan today.
Northbound Capital Purchase Report: Zijin Mining received net sales of 551 million yuan
On April 3, Northbound Capital had a net sale of 2,275 billion yuan throughout the day, which was a net sale for 2 consecutive trading days.
Hong Kong Stock Afternoon Review | The three major indices fell sharply, the science index fell more than 1%, and Xiaomi fell more than 3%; gold stocks rose against the market, and Zhaojin Mining rose nearly 6%
Auto stocks fell, with NIO falling more than 5%, and Xiaopeng Motors falling nearly 5%; most domestic housing stocks and property management stocks weakened, with Longhu Group falling nearly 3% and Sun Hung Kai Properties falling by more than 2%; many copper stocks rose, Minmetals Resources rose more than 5%, and Jiangxi Copper shares surpassed 3%.
Jiaozuo Wanfang doubled its non-net profit last year. Industry insiders: Electrolytic aluminum has emerged from the shadow of the “era of marginal profit” | Financial Report Interpretation
① Thanks to falling costs, the electrolytic aluminum company Jiaozuo Wanfang has doubled its non-net profit deducted last year. ② At the same time as the profits of the electrolytic aluminum industry expanded last year, electrolytic aluminum companies also increased their shipping efforts. ③ Industry insiders: “It is reasonable for the overall profit of electrolytic aluminum to increase and maintain high profits”.
Announcement Highlights: Xiaomi Q4's adjusted net profit increased 236.1% year on year; Xiaopeng Motor Q4's adjusted net loss decreased by 19.9% year on year
Li Ning's revenue in 2023 was 27.598 billion yuan, an increase of 7.0%; China Unicom's profit due to equity holders in 2023 was 18.7 billion yuan, an increase of 11.8% over the previous year.
Asia Pacific Technology's wholly-owned subsidiary's workshop explosion contributed more than 1.2 billion yuan in revenue in the first half of last year
① At 2:11 on February 18, an explosion occurred in the casting well area that produces aluminum bars in the workshop of Yatong Technology, a wholly-owned subsidiary of Asia Pacific Technology. ② In the first half of 2023, Asia Pacific Technology achieved revenue of 3.02 billion yuan, and Yatong Technology achieved revenue of 1,251 billion yuan. According to this estimate, Yatong Technology accounted for 41.4% of revenue in the first half of last year.
The establishment of the 40 billion state-owned enterprise asset optimization and upgrading fund, the revaluation of state-owned enterprises continues to usher in catalysis
① The signing ceremony for the State-owned Enterprise Stock Asset Optimization and Upgrading Fund was held in Beijing. The fund was approved by the State Council's State-owned Assets Administration Commission, and China Guoxin co-sponsored by China Cinda, China Oriental, and China Great Wall, with a total scale of 40 billion yuan. ② The Guotai Junan Strategy Team pointed out that in the future, the opportunities are still “development and safety” around the “chain owners” and specialized integration of the industrial chain proposed by the State Assets Administration Commission, focusing on high-end equipment, transportation, and energy.
The net profit of Shuangzengxin Platinum Co., Ltd. increased by more than 50% in the production and sale of aluminum profiles for photovoltaic modules
① Xinbo Co., Ltd. expects net profit attributable to shareholders of listed companies to be 290 million to 340 million yuan in 2023, an increase of 54.23% to 80.83% over the previous year. ② The company said that the growth is mainly benefiting from the rapid development of the new energy photovoltaic industry, and the company's production capacity is expanding rapidly.
“Babysitter” becomes “mother” Jin Chengxin plans to hold a copper mine with 1 dollar to involve “gambling and borrowing”
① The copper mine to be acquired is a customer that Jin Chengxin is currently serving. ② Two unusual operations of “$1” and “gambling and borrowing” also appeared in the proposed acquisition plan.