Frequent news of production cuts and shutdowns has surged costs, and the outlook for paper companies in Q2 is bleak

“Due to the sharp rise in pulp board prices, our costs have increased dramatically. At the same time, it was difficult to raise prices in the finished product market, and the company suffered unprecedented losses and decided to stop production and maintenance of the No. 1 and No. 2 paper machines.” Recently, several household paper companies in Hebei issued shutdown notices.

cls.cnApr 19 21:09

Futu Morning Post | Wall Street raised gold price expectations one after another: Goldman Sachs 2700, Bank of America 3000, UBS 4000!

Federal Reserve Collins: Inflation will continue to slow, and interest rates are expected to be cut twice this year; 50% price cut! Tesla's monthly rent for fully automated driving is now only $99; the biggest risk of “weight loss elixir” has been eliminated! European Medicines Agency: Drugs such as Wegovy have nothing to do with suicide.

Futu NewsApr 14 19:23

Weekly preview | Earnings season is at its peak! Netflix and TSMC will release the list; the situation in the Middle East has once again escalated, and financial markets may once again experience turbulence

The Federal Reserve will publish the Beige Book on the state of the economy, from which the market will obtain information on the state of the US economy at the end of the first quarter. Meanwhile, many Federal Reserve officials will continue to deliver regular speeches, and statements about economic prospects and policy paths will become the focus of the market.

Futu NewsApr 14 03:50

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.

Futu NewsMar 19 19:12

Hong Kong Market Overview | Hang Seng Tech closed up 0.14%, surging more than 14% this month; semiconductor stocks and auto stocks generally rose, SMIC rose nearly 6%, and Xiaopeng Motor rose nearly 3%

Domestic housing stocks and property management stocks generally fell, and China's overseas development fell nearly 2%; most pharmaceutical stocks rose; Lai Kai Pharmaceuticals rose nearly 43%, Genting Xinyao rose nearly 12%, and Pharmaceutical Biotech rose more than 3%; catering stocks were popular; Haidilao rose more than 3%; and Yum China rose nearly 2%.

Futu NewsFeb 29 02:22

Intraday Overview | Hong Kong stocks weakened, the technical index fell more than 3%; domestic housing stocks and property management stocks fell, and Yuexiu Real Estate fell more than 6%

Technology Network stocks collectively weakened, with Kuaishou and Jingdong falling more than 3%, Tencent, Xiaomi, and Meituan falling more than 2%, and Baidu and Ali falling more than 1%; auto stocks generally fell; BYD shares fell nearly 6%, Geely Auto fell more than 3%, Zero Sports Auto fell nearly 2%, Great Wall Motor and Ideal Auto fell by more than 1%, and NIO fell nearly 1%.

Futu NewsJan 29 20:42