China's Han Wang (03788) rose by more than 10% and rose 10.92% to HK$1.32 at press time, with a turnover of HK$4.13 million.
The Zhitong Finance App learned that China's Han Wang (03788) rose by more than 10% and rose 10.92% at press time to HK$1.32, with a turnover of HK$4.13 million.
Zhongtai Securities believes that non-ferrous commodities will enter another round of “resonance upward” and will continue to focus on recommending the three major varieties of aluminum/copper and gold. The resilience of the US economy stems from non-manufacturing industries such as services. With continued interest rate hikes and savings consumption, its resilience will eventually be broken. The job market has given a clear signal: 23Q4-24Q1 may be an important inflection point, and long-term real interest rates in the US will also begin a downward trend. More broadly, concerns about US dollar credit and the subsequent rise in central bank gold purchases will push gold prices to new heights.
Huafu Securities said that downstream demand recovered slowly during the peak season in the spring of 2024, and port iron ore stocks continued to accumulate since the beginning of the year. It is expected that the pattern of strong and weak iron ore supply and demand will hardly change fundamentally in the short term. Under favorable policies and major projects, it is expected to boost demand and push the overall inventory level downward in the second half of the year. If the Federal Reserve cuts interest rates in the second half of 2024 as scheduled, the US dollar index enters a downward cycle. Demand rebounds rapidly, driven by a combination of favorable policies and major projects. If multiple benefits are concentrated on realizing or supporting the recovery of iron ore prices.