Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.
①Zhi Ji Autos' latest announced purchase rights: From now until November 30th, Zhi Ji Autos' entire range of new and old car owners will share a total purchase subsidy value of 1.1 billion. ②A salesperson at a Huawei store told Caixin reporters that Hongmeng Intelligent Travel's November policies have been adjusted compared to October.
The lithium carbonate market is stable with an upward trend, and institutions predict that the inflection point of lithium salt inventory is about to come.
shanghai ganglian e-commerce holdings data shows that on November 1st, the price of lithium carbonate rose by 1000 yuan compared to the previous day, with an average price of 0.074 million yuan/ton. According to the Business Society, the lithium carbonate market has shown a stable and rising trend recently, mainly due to the increased purchasing willingness of downstream customers.
China Life Insurance Company Limited (CILJF) Q3 2024 Earnings Call Transcript Summary
Agricultural Bank of China Limited (ACGBY) Q3 2024 Earnings Call Transcript Summary
China Construction Bank Corporation (CICHY) Q3 2024 Earnings Call Transcript Summary
In the third quarter, the loss amount is close to the annual level of last year. How to solve the "dilemma" of the steel industry? Suggestions from the industry recommend actively reducing production.
①In the third quarter, the losses in the steel industry worsened, with 21 out of 27 listed steel smelting companies experiencing losses, totaling over 14.5 billion yuan, with the total quarterly loss amount almost approaching that of the entire previous year. ②Industry experts believe that the main reason for the losses is the overcapacity in the steel industry itself, poor industry self-discipline, failure to actively limit production, oversupply of products, continuous decline in steel prices, slow decrease in raw material prices, and severe industry profit compression.