YZJ has performed super well for H1! 👏🏻🍻
As quoted from moomoo news:
“Yangzijiang Shipbuilding has seen its first- profits soar by 77% to reach 3.1 billion yuan, bolstered by robust sales and a significant increase in production revenue. The company's revenue rose by 15.3%, primarily driven by its core shipbuilding business, which contributed 95% of the total revenue. This impressive financial performance is attributed to a record order book of 224 vessels valued at US$20.2 bi...

With Federal Reserve Chair Jerome Powell signaling a possible rate cut in September, it's essential to understand how different assets might respond and strategically position our portfolios to capitalize on such a move. A decline in interest rates generally creates favorable conditions for specific investments, leading to price appreciation and enhanced returns. Bonds, REITs, and dividend stocks are particularly well-positioned to thrive in this...

$NIO Inc (NIO.US)$ people are  asking why stock price is low when deliveries  are record. I see couple of reason
(1) Brainless spending on foreign exapnsion and non core projects
(2) Lier management , CFO last year was saying they were confident  to deliver 30 k cars per month in the 4th quarter  2023. But even now, NiO doesn't  have the capacity  to build more than 20k cars.   management  was also projecting profitability  for full year in 2024