Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?
The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.
Goldman Sachs: Buy some gold after US election.
Goldman Sachs pointed out that holding long positions in gold has significant value and can hedge against inflation and geopolitical risks that may arise from post-election tariffs, subordinate risks from the Federal Reserve, and rising US debt.
Oil Prices Moving Higher as Demand Grows
Oil held near its highest this month, amid risk-on sentiment in global markets that has helped push crude up recently. Demand for gasoline is also rising as we move into the summer driving season. Bloomberg's Will Kennedy reports.
Sinopharm Group Co. Ltd. Goes Ex Dividend Tomorrow
China Foods Limited Goes Ex Dividend Tomorrow
CITIC Resources Holdings Limited Goes Ex Dividend Tomorrow
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