BK0685 Non-ferrous Metal Concept
- 1970.666
- -21.001-1.05%
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.
Buck the trend and buy mines! Ganfeng Lithium added 2.5 billion yuan to “finger” African lithium mines
① Ganfeng Lithium announced that the subsidiary plans to acquire the remaining 40% of Mali Lithium's shares for 340 million US dollars (about 2.5 billion yuan); ② This transaction will help the company obtain the right to operate and manage the Goulamina spodumene mine project. According to calculations, the company will invest a total of about 4 billion yuan to win 100% of Mali Lithium's shares.
Production of the two major mines in the Democratic Republic of the Congo (DRC) hit a record high in a single quarter, and the net profit of the Luoyang Molybdenum industry increased more than fivefold in Q1 | Financial Report Interpretation
① Luoyang Molybdenum's Q1 net profit increased more than fivefold; ② KFM and TFM production of the two major copper-cobalt mines in the Democratic Republic of the Congo (DRC) reached record highs in the first quarter.
Counting down to 2 days, industry leaders gathered at the Chongqing Battery Show “Ning Wang” to earn 10 billion dollars in Q1, and Tianqi Lithium is expected to lose 4 billion dollars in the lithium battery industry. Who is working for whom now? |Chongqin
① Under the “volume increase and price reduction” market, the Q1 performance of lithium battery industry chain companies was divided, and the future development trend of the battery industry attracted market attention. Coinciding with this, CIBF 2024 will be held in Chongqing from April 27 to 29; ② New technologies such as solid-state batteries have become a hot topic in the market. The Co-CEO of Zhiji Auto said that the first generation of Lightyear solid-state batteries will actually be mass-produced within this year.
What hurt the Tianqi lithium industry's “thunderstorm” the most was insurance capital? China's Taibao lost more than 60% of its holdings after listing, and insurance capital generally lost money on the books in the past two years
① Tianqi Lithium's financial report for the first quarter caused the company's stock price to fall to a halt today, and Hong Kong stocks fell by more than 19%; ② China Taibao and its holding subsidiaries listed Tianqi Lithium lost more than 60%; ③ data shows that insurance companies have generally faced book losses in the past two years. A number of insurance companies put up their licenses to buy at a phased high point.
Q1 expects to lose “half of last year's profit” Tianqi Lithium was sent a letter from the Shenzhen Stock Exchange | Financial Report Interpretation
① Tianqi Lithium expects a net loss of 3.6 billion yuan to 4.3 billion yuan in the first quarter, while the company's net profit for the full year of last year was 7.3 billion yuan; ② The company claims that the joint venture's SQM tax dispute ruling caused the company's investment income to drop sharply year-on-year.
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.
Rongjie Co., Ltd.'s net profit shrunk by more than 80% last year, this year it targets lithium carbonate futures hedging against risks | Annual Report Interpretation
① Due to the sharp correction in lithium carbonate prices last year, the net profit of Rongjie Co., Ltd. fell by more than 80% year on year; ② In order to withstand market risks brought about by falling prices of lithium salt products, the company will launch a commodity futures hedging business for lithium salt products in 2024.
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.
Left-handed gold, right-handed silver, strong chain, Hunan Nonferrous Chairman's performance will call out new goals | Direct hit at the shareholders' meeting
① Hunan Gold plans to achieve consolidated revenue of 25.3 billion yuan this year, with gold production of 49.7 tons, 36,000 tons of antimony products, and 1,800 tons of tungsten products. ② Hunan Gold's main business is gold and antimony, which focus on resources. Hunan Baiyin is building an integrated entire industrial chain.
Expectations of interest rate cuts are cooling down and disrupting the global market. Where can it be expected to become a safe haven for capital?
Zheshang Securities believes that re-inflation trading is expected to continue, and industrial metals represented by copper still have room for further upward growth; although gold prices will also benefit from re-inflation trading, risk aversion is currently a more important influencing factor in gold prices.
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.
The number of tenders in the first three months has surpassed that of last year, commercial riders and hydrogen vehicles were “launched as soon as possible”
① According to incomplete statistics from public information, in just three months since 2024, the number of tenders for hydrogen vehicles has reached 2,744, which is more than the whole of last year. ② Qu Fang, an investment advisor at Wanlian Securities, said. “Previously, due to cost issues, the large-scale implementation of hydrogen vehicles was slow. However, in the past two years, fueled by factors such as policy impetus and technological breakthroughs, the commercialization process of hydrogen energy vehicles has been accelerating.”
Solid-state batteries welcome the second carnival in the next year: Sanxiang New Materials's stock price nearly doubled to “new joy” in 8 days, and “old love” Jin Longyu watched a record high from afar
① The accelerated implementation of solid-state batteries once again ignited the secondary market. Sanxiang New Materials closed on Wednesday and recorded a record high. The biggest cumulative increase in stock prices during the year ranked first in the sector and far ahead of previous leader Jinlongyu; ② Sorting through the list of A-share listed companies with solid state battery-related layouts on the interactive platform in the last two trading days (attached table).
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%.
The impact on performance is limited! Two solid state battery bullish stock announcements suggest risks. Multiple listed companies interact easily to respond without related business
① In 6 days, 5 Board Sanxiang New Materials and 2 Lianban Guansheng Co., Ltd. issued joint announcements indicating risk. Among them, Sanxiang New Materials indicated that the solid-state battery series materials business accounted for less than 1% of revenue; ② After sorting through the market, they responded to the list of listed companies with no solid state battery-related business conditions on an interactive platform.
The left hand applied for a fixed increase in the right hand transfer of assets Youken Xinzai plans to raise 320 million yuan to repay debts
① Regarding the purpose of this fixed increase, Youyan Xinshi said that the company's issuance of shares to specific targets will further enhance the company's capital strength and optimize the balance and liability structure. ② As of September 2023, the production line renovation of Youyan New Materials Changping Plant has been completed. The current production capacity is 35,000 units/year. The Dezhou base plans to expand production capacity by 43,000 units. It was officially put into operation in September 2023, and production capacity is gradually climbing.