BK1344 High Dividend Concept
- 1330.206
- -4.369-0.33%
The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row
The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.
Trending Industry Today: CCB Leads Gains In High Dividend Concept Stocks
May 10th - The industry of $High Dividend Concept(BK1344.HK)$ is trending higher today with 20 constituents up and CCB leading Gains.$CCB(00939.HK)$ inches up 6.81% to HK$5.64 with a turnover of HK$10
CCB releases quarterly report: profit of 86.8 billion yuan in the first quarter, a slight decrease over the previous year
Annualized weighted ROE reached 11.59%
Coal stocks fell in Q1, China Shenhua's revenue increased slightly, and profit fell 14% year on year | Financial News
The first quarter results of coal stocks were poor, and China's Shenhua, the “leading coal and electricity company,” was no exception. Profits fell 14% in the first quarter. On Friday, China's Shenhua released its financial report for the first quarter of 2024. The financial report showed that China Shenhua achieved revenue of 87.647 billion yuan, a slight increase of 0.7% year on year; current profit attributable to the company's owners was 17.760 billion yuan, down 14.1% year on year, mainly due to falling coal prices; and net cash inflow from operating activities was 28.553 billion yuan, a slight year-on-year decline. Judging from the main operating indicators, in the first quarter of 2024, China Shenhua produced 81.3 million commercial coal
Learn Citadel, Commodities “Arms Race”: AI and Big Data
Russell Hardy, CEO of Vitol, said that trading companies mainly use AI in two ways: one is to improve business efficiency, and the other is to gain trading advantages through stronger analytical capabilities.
After keeping an eye on the Middle East for a week, oil prices finally “fluctuated” and returned to a “waiting mode”
Although oil prices have never surpassed the high before Iran attacked Israel last weekend, the volume of bullish Brent crude oil options soared to a record high. Brent crude oil futures fluctuated the most in a few months, leaving traders in almost the same situation as a week ago during the weekend, waiting for the next steps of Israel and Iran.
Zhang Kun's latest quarterly report released: his combination is “resting” and his thoughts are “running wild”
The rules of stock selection in this era have changed
Oil Markets React to Reports of Israeli Attack on Iran
Oil pared an earlier jump, after Iranian media appeared to downplay alleged retaliatory strikes from Israel reported by US officials. Brent crude traded about 2% higher after earlier soaring above $90 a barrel over potential concerns for a wider regional conflict. Bloomberg's Stephen Stapczynski reports.
Goldman Sachs: $90 a Barrel Likely Ceiling for Brent Crude
Daan Struyven, Goldman Sachs head of oil research, says that if there are not any new geopolitical tensions, the path of least resistance for oil is to drift lower. He speaks on Bloomberg Television.
Oil price crossroads! Goldman Sachs: How Israel responds will determine the direction of the market
Goldman Sachs believes that the market's outlook for crude oil depends on Israel's next move, which will determine the prospects for oil supply in the Middle East region. Preliminary calculations include a geopolitical risk premium of 5-10 US dollars/barrel.
The former richest man in Fujian ushered in a critical moment
Wait for the dawn.
OPEC Doesn't Want to Be Behind SPR Release: CIBC's Babin
Rebecca Babin, CIBC Private Wealth Group senior equity trader, says the increasing geopolitical risks are forcing oil prices higher and OPEC will want to be ahead of any planned release from the Strategic Petroleum Reserve on Bloomberg Television.
China's Economy Expected To Surge 5.3% This Year, Fueled By Property Sector Stabilization And Regional Growth: AMRO
The ASEAN+3 Macroeconomic Research Office (AMRO) anticipates China's economy to expand by 5.3% this year, bolstered by the stabilizing property sector and improving external demand.What Happened: AMRO
Hong Kong market overview on the 2nd: Hang Seng continues to rise 2.4%, Bank of China rises 9.5% due to favorable financial results
The Hong Kong market continued to grow on the 2nd day after the consecutive holidays, with the Hang Seng Index composed of 82 major stocks rising 390.10 points (2.36%) from the previous business day to 16931.52 points, and the mainland China stock index (old H share index) composed of mainland enterprise stocks rose 149.93 points (2.58%) to 5960.72 points. The trading price has expanded to 144.1 billion Hong Kong dollars (117.2 billion 56.7 million Hong Kong dollars on March 28). This is a trend where the improvement in business confidence in China is being well received. National system
PetroChina Reports FY Results
CLP Holdings Limited ADR EACH REP 1 HKD5 LEVEL1(MGT) Goes Ex Dividend Tomorrow
CLP Holdings Limited GAAP EPS of HK$2.63, Revenue of HK$87.16M
Oil prices have risen four times in a row, reaching 80 US dollars. Investment banks warn that “the market is more tight than current prices”
J.P. Morgan Chase and Standard Chartered Bank predict that global oil inventories will drop 1.6 million barrels per day this month, and oil prices will rise by $10 by May.
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
What happened to the sudden surge in oil prices?
Yemen's Houthi armed groups say they attacked an American freighter, Ukrainian drones attacked Russian gas giants, and the combination of extremely short cold weather continues to hinder US crude oil production. “The market is finally beginning to worry about real supply disruptions.”