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.
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.
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.
AH stocks collectively opened lower, with brokerage and baijiu sector falling, and Kweichow Moutai falling more than 2%.
On Monday, the Shanghai Composite Index opened down 0.49%, the Shenzhen Component Index fell 0.3%, and the Growth Enterprise Market fell 0.42%. The Wande total A shares fell 0.49%. Commercial aerospace and ultra-high-voltage power transmission concepts strengthened, while baijiu, brokerage, and education industries had the biggest decline. Kweichow Moutai continued to fall, down 2.7%. Hong Kong stocks opened and fell, with the Hang Seng Index down 0.52%, enn energy and galaxy ent both fell nearly 2%, and Alibaba fell more than 1%. The Hang Seng Tech Index fell 0.58%, with Weibo and Kuaishou both down more than 1%. Brilliance Chi rose nearly 15% and plans to distribute special stock dividends of HK$4.3 per share. In the A-share sector, electrical utilities once again fell, with Sichuan Mingxing Electric Power down nearly
Ah stocks opened low and went down, while apple supplier shares were strong. Shipping, metals sector continued to decline, and Kweichow Moutai rose 1%.
Consumer electronics stocks are strong, while shipping and precious metals sectors continue to decline. Baijiu sector rebounded slightly, and Kweichow Moutai rose 1% during early trading. Hong Kong stocks opened low and moved lower, with Hang Seng Tech Index falling 1%. Electric vehicle stocks led the decline, with Nio Inc dropping more than 7%, Xpeng dropping 5%, and Li Auto dropping 2%.
The Feitian series all experienced a large drop, with Moutai's stock price falling more than 3% and trading volume exceeding 10 billion yuan.
On Tuesday, the A-share baijiu sector fell across the board, with kweichow moutai falling more than 3% during the day and trading volume exceeding 10 billion yuan. Since the beginning of this year, kweichow moutai has fallen more than 9%. Prior to this, the Securities Times reported that on the day of the Dragon Boat Festival, the Feitian series fell sharply. According to information released by the No. 2 Sauce platform, from 2023-24, the original box price will drop by 5-10 yuan/bottle, and the bulk price will drop by 40 yuan/bottle in 2024; the zodiac series, the Rabbit, Tiger, and Pig years will drop by 30-50 yuan/bottle, while the Rat and Monkey years will plummet by 100-200 yuan/bottle; the other series will drop by 100 yuan per bottle for the 30-year vintage. The Securities Times cited industry sources as saying that in recent days,
Hengrui's FORM 483 is not that simple | Jianzhi Research
According to the FDA website, Hengrui's January on-site inspection has entered the OAI phase, which means that the FDA is not satisfied with the company's first-stage response and corrective actions, and has made a formal regulatory decision. However, it should be emphasized that Hengrui still has the opportunity to submit rectification measures before further regulatory measures are taken. And this on-site inspection has nothing to do with the dual AI therapy going global.
Central enterprise real estate upstarts are quietly rising
Author | Editor Cao Anxun | Zhou Zhiyu Real Estate has been in business for 40 years. The leading real estate companies have rotated several times. Once famous giants such as Evergrande and Country Garden, have fallen one after another, and a number of state-owned enterprises and state-owned giants have risen to prominence. China Construction Yipin, a slightly unfamiliar name, is a rising star. This subsidiary of China Construction, which came out of Wuhan, has quite a bit of ambition. It hopes to sell for the “top 20 in the country” this year; in the first 4 months, China Construction Yipin added a new land value of 26.29 billion yuan, ranking 5th in the industry. China Construction Yipin works with central and state-owned enterprises such as Greentown, C&D, Yuexiu, and Huafa
Hengrui diet pills went overseas for 6 billion US dollars, and this time they are no longer making wedding gowns for others | Insight Research
Through an innovative transaction structure, Hengrui uses minimal risk to obtain the highest potential overseas returns, while providing shareholders with more stable returns.
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
The Copper Supply Landscape: Is a Bull Market on the Horizon?
Agricultural Bank of China GAAP EPS of RMB 0.72
PetroChina Reports FY Results
Ping An Insurance (Group) Company of China Ltd (PNGAY) Q4 2023 Earnings Call Transcript Summary
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
Zijin Mining Group Company Limited Goes Ex Dividend Tomorrow
Organization Department of the Central Committee: Xi Guohua serves as Party Secretary of China CITIC Group Co., Ltd.
There were many public comments in November
Pharmacovigilance disintegrates CXO, what is the market concerned about?
It was only in December that the full-year forecast was lowered. What kind of medicine does Yakumin Biotech sell in gourds?
SunCar Technology Group Inc. Announces Strategic Cooperation With The Heilongjiang Branch Of The Agricultural Bank Of China
PetroChina Reports Q3 Results