China Merchants Securities: PCB manufacturers increasing raw material inventory preparations are expected to drive the CCL industry into an upward channel of price increases

The Zhitong Finance App learned that China Merchants Securities released a research report saying that since the beginning of the year, downstream demand has continued to pick up, PCB operating rates have generally improved, while upstream main material prices have continued to rise. Some manufacturers in the CCL industry have already raised prices for the first time in March-April. Recently, upstream copper prices have risen sharply, and copper foil processing fees are also on the rise. Electronic glass fiber cloth manufacturers have restoratively raised product prices, and midstream copper clad plate (CCL) manufacturers have also begun issuing downstream price increase notices to ease cost pressure. Currently, downstream demand is picking up and the upward trend in upstream commodity prices remains unchanged. PCB manufacturers are expected to increase raw material inventory preparations, all of which are expected to drive CCL

Zhitong Finance20minutes ago

Foxconn Industrial Internet's (SHSE:601138) 25% CAGR Outpaced the Company's Earnings Growth Over the Same Three-year Period

One simple way to benefit from the stock market is to buy an index fund. But if you pick the right individual stocks, you could make more than that. Just take a look at Foxconn Industrial Internet C

Simply Wall St22:44 ET

Zhou Hongyi sold 9.9 million yuan in Maybach and donated everything to the Wang Xuan Foundation “without leaving a single cent” after tax

On April 28, 360 Group founder Zhou Hongyi auctioned Maybach live. The starting price was 600 yuan, and the final sale was 9.9 million yuan.” No matter what people think about selling cars, whether it's performance art or traffic, I want consumers to really realize that the spring season for domestic NEVs has actually arrived, and they should be the first choice for consumers and entrepreneurs.” Zhou Hongyi said that “no money left” from this auction will be donated to the Jiusan Wangxuan Care Foundation with the car buyer after tax. Zhou Hongyi even said “five thanks” at the auction site, to the friends who participated in the auction, the seniors of traditional car companies, and the creation of new power brands

Gelonghui FinanceApr 28 09:42 ET

Tianyue Advanced (688234.SH) reported first-quarter results, net profit of 46.099 million yuan

Tianyue Advanced (688234.SH) released its report for the first quarter of 2024, achieving revenue of 426 million yuan...

Zhitong FinanceApr 28 04:42 ET

League of Nations Co., Ltd. (603613.SH) announced 2023 annual results, net profit of 1,428 billion yuan, up 26.89% year-on-year

League of Nations Co., Ltd. (603613.SH) disclosed its 2023 annual report. The company achieved operating income of 50 during the reporting period...

Zhitong FinanceApr 28 04:05 ET

Advanced Micro-Fabrication Equipment Inc. China Just Missed EPS By 44%: Here's What Analysts Think Will Happen Next

The analysts might have been a bit too bullish on Advanced Micro-Fabrication Equipment Inc. China (SHSE:688012), given that the company fell short of expectations when it released its quarterly result

Simply Wall StApr 27 20:57 ET