Here's Why We Think Midea Group (SZSE:000333) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Sometime

Simply Wall StJun 16 20:57 ET

OPEC Secretary General criticizes predictions that oil demand is peaking, stating that it will lead to volatile surges.

Senior officials of OPEC once again criticized the prediction that oil consumption is about to peak, refuting a report from the International Energy Agency (IEA) this week. The IEA report predicts that oil demand will enter a plateau period in this decade, leaving a "serious" oversupply situation. OPEC Secretary-General Haitham Al-Ghais stated in an article on the organization's website that this was a "dangerous comment, especially for consumers, and will only lead to potential unprecedented energy fluctuations." OPEC's data believes that global oil consumption will continue to grow until the mid-21st century, but does not fully explain how countries will respond.

環球市場播報Jun 13 11:07 ET

Midea Group Co., Ltd., has cumulatively reduced its shareholding in the company by 1.87%, reducing its holdings to less than 5%.

Evetech (688165.SH) announced that on June 11, 2024, the company received a shareholder proposal from Midea Group ...

Zhitong FinanceJun 11 08:28 ET

North and South Water: Too crazy! Moutai was sold by Southern Water for 2.6 billion yuan, while Northern Water invested billions of yuan to buy Hong Kong stocks.

Northbound funds sold a net amount of 7.497 billion yuan, while southbound funds bought a net amount of 10.281 billion Hong Kong dollars of Hong Kong stocks.

Gelonghui FinanceJun 11 06:16 ET

Saudi Aramco's stock offering plan attracts strong overseas demand, with strong interest from Western and Asian investors.

According to sources, Saudi Aramco's $12 billion stock offering has attracted a large number of foreign investors, reversing its fate after the oil giant went public in 2019 with little foreign interest. On the product structure, the operating income of the 10-30 billion yuan product is 401/1288/60 million yuan respectively.

環球市場播報Jun 6 12:50 ET

South Water bought more than 400 million yuan of China Yangtze Power; North Water increased holdings of China Mobile by more than 700 million Hong Kong dollars, buying Xiaomi for 11 consecutive days.

Track the latest trends of north-south directional funds.

Gelonghui FinanceJun 6 08:20 ET