Whirlpool Q2 2024 Adj EPS $2.39 Beats $2.37 Estimate, Sales $3.989B Beat $3.949B Estimate
Industrial and Agricultural Bank of China, among other state-owned banks, have taken action and a new round of deposit rate cuts has officially formed?
According to the Daily Economic News, a major bank will reduce its deposit benchmark interest rate on July 25, with a 20 basis point reduction for a 2-year term. More news is being updated.
Haier invests 1 billion to expand in Africa.
Traveling abroad.
Interest rate cut! China's 1-year and 5-year LPRs were lowered by 10BP on July 1st. How will the market develop in the future?
The one-year LPR for July is 3.35%, and the LPR for more than five years is 3.85%, both down by 10 basis points from the previous value.
Hengrui received an FDA warning letter | Jianzhi Research
A problem that should not have been present arose from a leader. Following the June FORM483 incident, Hengrui has one more opportunity to rectify the issue.
The first listed city commercial bank in northwest China, the chairman announced.
The new chairman of the first listed city commercial bank in northwest China has been announced! According to relevant announcements, Liang Banghai's qualifications for the position of chairman of Bank of Xi'an have been approved by the relevant regulatory authorities recently. Due to the above work adjustment, Liang Banghai also resigned from the position of company president. However, before the new president takes office, Liang Banghai will act as the president. According to the resume information, Liang Banghai was born in August 1970, with a doctoral degree and a senior accountant qualification. He has long served in policy banks, working as a staff member at the Xi'an branch of China Investment Bank, deputy section chief and section chief at the Shaanxi branch of the China Development Bank, and party committee member and deputy director at the Tibet branch of the China Development Bank.
Yu Chengdong reveals the transfer of the "Wenjie" platform for 2.5 billion.
Focus.
A-share "Wood Brother" released a quarterly report, Liu Yuanhai's "Fanhua" may not be understandable to everyone.
Ranked in the top ten of the same category in the past three years.
Sodium-electric and semi-solid, half flame and half seawater | Jianzhi Research
Thanks to the new energy autos achieving a record high in delivery, the production, sales and installation volume of power batteries also hit a new high in June this year in all dimensions.
In 2019, the head brokerage's secretary was appointed as the "older insurance agent".
China Securities Co., Ltd., a leading brokerage firm, recently announced an important personnel change. The company's board of directors has approved the appointment of Liu Naisheng as the company's board secretary, and Wang Guangxue will no longer hold this position. Liu Naisheng is a veteran investment banker and the first generation of securities salespeople in China. He has led successful underwriting projects for numerous companies and is best known for overseeing the IPO projects for Contemporary Amperex Technology and the representative Beijing-Shanghai High Speed Railway. As a seasoned securities industry veteran, Liu Naisheng's appointment as board secretary after seven years of serving as a senior executive (executive committee member) at China Securities Co., Ltd. is certainly worth following in terms of his future contributions. According to publicly available information about skilled post-70s workers, Liu Naisheng belongs to the post-70s generation of securities professionals.
Long-established state-owned developer says goodbye to real estate.
Ten years ago, Dong Mingzhu, then chairman of Gree Group, said that Gree should not focus on real estate business, but should focus on home appliances; ten years later, this became true. Gree Real Estate, which has separated from Gree Group, has decided to withdraw from real estate development business. On July 7th, Gree Real Estate announced that it will gradually withdraw from real estate development business in Shanghai, Chongqing, Sanya and other places, and plans to sell corresponding assets and liabilities; at the same time, it has updated its restructuring plan for Zhuhai Duty-Free Group, planning to buy no less than 51% of the equity of Zhuhai Duty-Free Group and promote Gree Real Estate's main business transformation to duty-free business.
90,000, the last defense line of lithium prices? | Jianzhi Research
Has this round of liquidation just begun?
Huawei returns the question of the border to Chongqing Sokon Industry Group Stock.
After gaining a huge following in the automotive industry, Huawei ultimately chose to "return" the Wenji brand to Chongqing Sokon Industry Group Stock, further demonstrating their attitude of "not building cars" to the outside world. According to The Wall Street Journal on July 2nd, Sokon and Huawei signed a "Further Deepening Cooperation Agreement", with both parties stating that they will fully integrate their strengths and strive to create AITO Wenji into a "world-class leading brand in luxury cars". It is understood that on the premise of the original cooperation framework remaining unchanged, Sokon and Huawei will use their respective resources and engage in joint design and joint marketing. This is also the two sides' further agreement made after they signed the deepening cooperation agreement last February.
Looking Into Whirlpool's Recent Short Interest
AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.
Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.
A-share market review: Shanghai Composite Index rose by 0.92%, rare earth permanent magnets and real estate stocks surged, while chip stocks fell back.
On July 1, the main A-share index declined in early trading, and the Shenzhen Index turned red in the afternoon; by the close, the Shanghai Index rose 0.92% to 2,994 points, the Shenzhen Stock Exchange Index rose 0.57%, and the GEM Index fell 0.04%. Nearly 3,600 shares rose and traded 658.1 billion yuan throughout the day. On the market, the real estate services sector is rising, and I love my family; the “Rare Earth Management Regulations” have been announced, and the rare earth sector has collectively surged, and many stocks such as Zhongke Magnetic have risen and stopped; the supply and marketing agency concept has increased, and China and agriculture have joined forces to rise and stop; and sectors such as coal, fertilizer, and genetically modified genes have registered the highest gains. In addition, the AI chip and semiconductor sectors plummeted, and Anlu Technology fell nearly 15%; electronic component boards
Worsened lithium prices? Annual production capacity increased by 79%, with four mines in Argentina jointly contributing, including Zijin Mining and Ganfeng Lithium.
Four new lithium mining projects in Argentina will be put into production in the coming weeks to months, which will nearly double Argentina's lithium production capacity. Although the new capacity will not be put into use immediately, the increased certainty of future supply will undoubtedly further increase the downward pressure on lithium prices.
Home Appliances Giant Whirlpool Stock Is Soaring On Wednesday - Here's Why
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Why is Fosun Pharma privatizing Henlius at this time? | Jianzhi Research
The suspension of Henlius stocks has finally been resolved, consistent with previous market rumors: Fosun Pharma will privatize Henlius for delisting, with a privatization valuation of approximately RMB 12.4 billion. Fosun Pharma's bid for each share of Henlius is HKD 24.60, a premium of 30.6% over its pre-suspension closing price. Based on last year's net profit of CNY 546 million for Henlius, this privatization has a PE ratio of approximately 23 times. The total transaction is HKD 5.4 billion, which will use no more than HKD 3.7 billion in acquisition loans. Henlius has a total share capital of 543.5 million shares, including 163.4 million H shares and 380.1 million non-listed shares. The tenderer in this case is Fosun.