China Mengniu Dairy Company Limited Goes Ex Dividend Monday
Sinopec Kantons Holdings Limited Goes Ex Dividend Tomorrow
China Longyuan Power Group Corporation Limited Goes Ex Dividend Tomorrow
CPI and Fed Rate Decision: Here's What the Experts Predict for Today
Wall Street is set for a volatile session as the Federal Reserve prepares to release interest rate decisions following the latest consumer price index (CPI) reading, a dual occurrence that could recalibrate expectations for interest rate cuts this year.
Air China GAAP EPS of -RMB 0.11, Revenue of RMB 40.07B
China Merchants Port Holdings Company Limited Goes Ex Dividend Tomorrow
Circuit Hyper | Saudi financier: throwing money on Chinese technology companies twice in three months
Author: Zhou Yuan/Wall Street News On May 29, Lenovo Group announced that it has reached a strategic cooperation framework agreement and bond subscription agreement with Alat Enet, a company under the Saudi Arabian Public Investment Fund that focuses on transformative technology investment and sustainable manufacturing, with a total value of 2 billion US dollars (approximately RMB 14.5 billion). This strategic cooperation includes Lenovo Group building a new regional headquarters for the Middle East and Africa markets in Riyadh, the capital of Saudi Arabia, and building a new PC and server manufacturing base in the country to serve customers in the region. Since Saudi Arabia released “Vision 2030” in April 2016, Saudi Arabia is moving towards clean energy
Entering the Middle East! Lenovo receives US$2 billion strategic investment from Saudi Sovereign Fund
On Wednesday May 29th, Lenovo Group announced a strategic partnership with Alat Enet, a company owned by the Saudi Arabian Public Investment Fund (PIF). According to the announcement, Alat Ennett proposed to invest 2 billion US dollars in interest-free convertible bonds to Lenovo Group. Lenovo Group will establish a regional headquarters for the Middle East and Africa markets in Riyadh, the capital of Saudi Arabia, and will build a new PC and server manufacturing base in Saudi Arabia.
Benefiting from the AI PC wave, Lenovo's stock price hit a one-year high
Recently, many major banks such as Damo, Goldman Sachs, and CITIC Lyon have successively expressed optimism about Lenovo Group, believing that the AI PC trend will bring the company room for a significant increase in stock prices.
Lenovo Group GAAP EPS of $0.02, Revenue of $13.83B Beats by $630M
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.
Can I still buy money now? UBS conducted in-depth research on China's gold market
UBS pointed out that the Chinese market sentiment tends to buy when the price of gold recovers. As a result, future investors may be more likely to react flexibly to the price and be willing to buy at a decline of around $2,250 per ounce.
New energy plus AI, the global power grid is in urgent need of major transformation! China's top two trump cards of power equipment going overseas: transformers and smart meters
Northeast Securities pointed out that the current imbalance between supply and demand in the overseas transformer market provides broad entry space for domestic manufacturers with high cost performance and sufficient production capacity; domestic meters are relatively independent, small in size, and large in quantity, making it easy to form large-scale exports.
Shell Pulls Out of China Power Market as Part of Push to Improve Returns
China Life Insurance GAAP EPS of RMB 1.58, Revenue of RMB 26.5B
“King of Outlets” Postbank Quarterly Report: Revenue increased 1.44% year over year, net profit fell slightly
The deposit interest rate for the first quarter decreased by 5 basis points compared to the end of the previous year
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%
Gold Soars Against The Odds: Eastern Buying Spree Or 1970s Redux? Billionaire Investor David Einhorn Thinks There's A 'Secular Trend'
Gold has been on a remarkable rise in 2024, reaching record highs. The surge is attributed to a combination of factors, including the de-dollarization trend, central bank buying, and increased demand
Sustainability column | Digital Twins: Lenovo's “Wooden Tower” Restoration Technique
Over a sustainable period of time, the life cycle of buildings has been extended in the process of continuous repair and maintenance, and in addition to the comprehensive value of history, craftsmanship, aesthetics, and cultural diversity, these “solidified epics” have now added a high-tech dimension. On April 26, the “Smart Yingxian Wooden Tower” program, jointly developed by Lenovo Group and the School of Architecture of Tsinghua University and donated to the Yingxian Muta Scenic Area, debuted. The thousand-year-old wooden spectacle collided with the latest spatial computing AIGC combination technology to create a unique spark. Yingxian Wooden Pagoda is the only oldest and tallest wooden loft-style building in the world. It is nearly a thousand years old
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