Ah stocks opened low and went down, while apple supplier shares were strong. Shipping, metals sector continued to decline, and Kweichow Moutai rose 1%.
Consumer electronics stocks are strong, while shipping and precious metals sectors continue to decline. Baijiu sector rebounded slightly, and Kweichow Moutai rose 1% during early trading. Hong Kong stocks opened low and moved lower, with Hang Seng Tech Index falling 1%. Electric vehicle stocks led the decline, with Nio Inc dropping more than 7%, Xpeng dropping 5%, and Li Auto dropping 2%.
The Feitian series all experienced a large drop, with Moutai's stock price falling more than 3% and trading volume exceeding 10 billion yuan.
On Tuesday, the A-share baijiu sector fell across the board, with kweichow moutai falling more than 3% during the day and trading volume exceeding 10 billion yuan. Since the beginning of this year, kweichow moutai has fallen more than 9%. Prior to this, the Securities Times reported that on the day of the Dragon Boat Festival, the Feitian series fell sharply. According to information released by the No. 2 Sauce platform, from 2023-24, the original box price will drop by 5-10 yuan/bottle, and the bulk price will drop by 40 yuan/bottle in 2024; the zodiac series, the Rabbit, Tiger, and Pig years will drop by 30-50 yuan/bottle, while the Rat and Monkey years will plummet by 100-200 yuan/bottle; the other series will drop by 100 yuan per bottle for the 30-year vintage. The Securities Times cited industry sources as saying that in recent days,
When it was first covered, did Goldman Sachs think it could increase by another 50% during the Ningde era?
Goldman Sachs is optimistic about the technological advantages and profitability of the Ningde era, and gives a purchase rating and a target price of 304 yuan. The average annual EPS growth rate in the 2024-2030 era is 26%, of which 21% comes from sales growth and 1% from unit gross profit expansion.
公告 - 經審核財務報表
截至二零二三年十二月三十一日止的經審核賬目
Lithium prices plummeted, falling out of 19% profit growth in the Ningde era | Insight Research
Q1 In the Ningde era, revenue declined, but profit increased
The Copper Supply Landscape: Is a Bull Market on the Horizon?
Since the fourth quarter of 2023, the global copper mining industry has experienced multiple supply disruptions, with recent news of planned production cuts by Chinese smelters intensifying market unease. Supported by expectations of a tight supply,
337 billion yuan! Midea's net profit to mother reached a record high in 2023, and plans to distribute 20 billion cash dividends | Financial News
Midea Group achieved revenue of 373.7 billion yuan in 2023, up 8% year on year, and net profit increased 14% year on year. The group plans to distribute cash of 30 yuan for every 10 shares to all shareholders.
Ping An Insurance (Group) Company of China Ltd (PNGAY) Q4 2023 Earnings Call Transcript Summary
The following is a summary of the Ping An Insurance (Group) Company of China Ltd (PNGAY) Q4 2023 Earnings Call Transcript:Financial Performance:Ping An Insurance reported a 4.7% YoY revenue increase,
Nio Aims for Longer-life EV Batteries Through Tech Partnership With CATL
Nio (NYSE:NIO) inked a framework agreement with Contemporary Amperex Technology Co. to carry out innovation in the research and development of long-life batteries according to the needs of the electric vehicle maker's power swap.
Domestic market share returned to 50% during the Ningde era | Insight Research
The flames of the NEV price war have already burned into the power battery market. In February of this year, some second- and third-tier power battery manufacturers, such as Gateway Power, were still in a state of shutdown and production. Combined with holiday disturbances, the recovery of the power battery market was slightly slow. In February, power battery production reached 43.6 GWh, down 33.1% from month to month, down 3.6% year on year; sales volume was 37.4 GWh, down 10.1% year on year, down 34.6% month on month; installed capacity reached 18 GWh, down 18.1% year on year and 44.4% month on month. Overall, the power battery market sentiment did not perform well in February
The achievements of the Ningde era relied on “volumes” to go overseas | Insight Research
Compared with second- and third-tier power battery manufacturers, the Ningde era still performed excellently
Ningde Times, China Shenhua, Muyuan Co., Ltd.... A number of A-share giants are forecasting annual results!
On the evening of January 30, a number of A-share listed companies announced their 2023 annual results forecasts. A few companies are happy and a few are sad. The Ningde Era expects net profit to increase by more than 30% over the same period last year, reaching 42.5 billion yuan to 45.5 billion yuan, with daily earnings exceeding 116 million yuan; China Shenhua's profit in 2023 will drop 9.9% to 14%, and the drop in coal prices will affect performance. Sluggish pig prices have caused most listed pig companies to report losses in 2023, and industry differentiation has intensified. Among them, Muyuan Co., Ltd. expects a net loss of 3.9 billion to 4.7 billion yuan in 2023, and a profit of over 13.2 billion yuan in 2022. The price of lithium carbonate fell sharply, with a decline of more than one year
Report: BYD discusses the acquisition of Brazilian lithium miner Sigma Lithium to form an integrated supply chain
The Volkswagen and Ningde era are also potential bidders.
Zijin Mining Group Company Limited Goes Ex Dividend Tomorrow
Organization Department of the Central Committee: Xi Guohua serves as Party Secretary of China CITIC Group Co., Ltd.
There were many public comments in November
Detailed list! A new batch of “Catalogue of New Energy Vehicle Models Exempt from Vehicle Purchase Tax” was announced. The M9 EV, Tesla Model Y, and BYD Song PLUS are on the list
IT Home reported on November 20 that the Ministry of Industry and Information Technology today announced the “Catalogue of New Energy Vehicle Models Exempt from Vehicle Purchase Tax” (71st batch), which includes 61 pure electric passenger cars, 6 plug-in hybrid passenger cars, and 26 pure electric buses.
The Ningde era started a battle to defend 40% market share | Insight Research
There has been a negative increase in power battery production, and the removal of batteries to storage has not been reversed
Profits in the Ningde era will also depend on overseas | Insight Research
Q3. In the Ningde era, profit growth slowed, and domestic market share declined. How big was the impact?
Next week's big schedule: China's economic data for September, GDP for the third quarter, Tesla and Ningde Times financial reports, “Belt and Road” summit
Next week, we will focus on China's economic report card for September, GDP for the third quarter, US retail sales data for September, and CPI data for Europe and Japan for September. On the central bank side, the central bank of China will announce the October 1/5 LPR and MLF renewal resolution, the Federal Reserve will announce the Beige Book on economic conditions, and Powell will deliver a speech. In addition, companies such as Ningde Times, Tesla, and TSMC have published three quarterly reports, and the 3rd “Belt and Road” International Cooperation Summit will be held in Beijing from October 17 to 18.