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Nomura Adjusts Industrial Bank's Price Target to 16.92 Yuan From 16.26 Yuan, Keeps at Buy
04:38 AM EDT, 04/26/2024 (MT Newswires) -- Nomura Adjusts Industrial Bank's Price Target to 16.92 Yuan From 16.26 Yuan, Keeps at Buy Price (RMB): ¥16.43, Change: ¥+0.26, Percent Change: +1.61%
Overnight news: Federal Reserve Chairman Powell's change in attitude suggests that stubborn inflation may cause the central bank to delay interest rate cuts, and the number of new housing starts in the US fell to its lowest level since August
For more global financial information, please go to the 7×24 hour real-time financial news market closing: US stocks had mixed ups and downs Powell hinted at or postponed interest rate cuts April 16. Top 20 in US stock turnover: Musk says Tesla is simplifying sales and delivery systems. Most popular Chinese securities fell 1.4% on Tuesday, Pinduoduo fell 0.7%, and US WTI crude oil closed down 5 cents on Tuesday for the second day. European stocks closed 1% higher and the main indices all fell by more than 1%, implying that Federal Reserve Chairman Powell's attitude changed stubbornly Inflation may cause Central Bank Postpones Interest Rate Cut in Europe
External market headlines: Federal Reserve Vice Chairman Says Keeping Interest Rates Unchanged Will Help Lower Inflation Levels The surge in green electricity has led to the shutdown of European nuclear power plants
The main headlines shared by global financial media last night and this morning are: Société Générale predicts that if the Federal Reserve does not cut interest rates in 2024, the euro will fall below $1.05. Societe Generale (Societe Generale) researchers' basic prediction that the Fed will not cut interest rates in 2024 may cause the euro to fall below $1.05. The unexpected rise in US inflation has prompted our US economists to no longer expect the Federal Reserve to cut interest rates in 2024,” Korber wrote in a statement to clients
Shen Wan Hongyuan: Continued optimism about bank stocks at the bottom of performance, bottom of valuation, and bottom of positions
Shen Wan Hongyuan said that he is optimistic about banks due to the characteristics of undervaluation, low holdings, low expectations and high dividends in the banking sector.
The Past Three Years for Industrial Bank (SHSE:601166) Investors Has Not Been Profitable
While not a mind-blowing move, it is good to see that the Industrial Bank Co., Ltd. (SHSE:601166) share price has gained 13% in the last three months. But we must note it seems the three year retur
Semiconductor CIM company Semet received hundreds of millions of yuan in C+ round financing and announced the launch of the listing process
Sina Technology News On the morning of March 18, the domestic semiconductor CIM company Semet announced that it has recently completed a C+ round of financing of hundreds of millions of yuan. The current round of financing was led by Chengdu Ceyuan Capital, followed by Yuntai Capital, Shenwan Hongyuan, Blue Ocean Fund, and Industrial Bank. The financing is mainly used to invest in production and research and talent reserves, accelerate overseas market expansion, and promote domestic intelligent manufacturing software solutions into more factories around the world. After completing the C+ round of financing, Semet has accumulated a total of nearly 1 billion dollars in cash. In addition, the company's main business revenue has increased year by year, continued to be profitable, and its product market share has increased dramatically. According to reports, currently Semet
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