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Ra Silk Road (00274.HK): Delayed the release of the annual performance announcement for the fifteen months ending on March 31, 2024.
Ra Silk Road (00274.HK) announced on July 16th that the announcement of the audited end-period performance for the fifteen months ended on March 31, 2024 (the "2024 Annual Performance") will be delayed due to the fact that some information and documents (including bank and audit confirmation letters, valuation reports, and other financial information) of newly acquired subsidiaries have not been finalized. Therefore, the company needs additional time to prepare for its 2024 annual performance. The company is working closely with auditors to provide all necessary information and documents in order to complete the audit procedures as soon as possible. As of the announcement date, the company is still preparing the necessary
RA SILKROAD-NEW: INSIDE INFORMATION(1) DELAY IN PUBLICATION OFANNUAL RESULTS ANNOUNCEMENT FORTHE FIFTEEN MONTHS ENDED 31 MARCH 2024;(2) POSTPONEMENT OF BOARD MEETING; AND(3) CONTINUED SUSPENSION OF TRADING
China Securities Co., Ltd.: the US interest rate cut boosts the prices of precious metals and basic metals, and the demand for new quality productivity opens a new era for small metals.
Zhongxin Jiantou Securities released a research report stating that metals and limited-supply non-ferrous commodities have performed well in the first half of the year, mainly reflecting three core logic:
Tracking Hong Kong stock concepts | The Fed does not need to wait for inflation to fall below 2% before lowering interest rates. Gold prices will have further drivers in the future. (Attached concept stocks)
Continuing to stay ahead of the expected rate cut by the Federal Reserve, industry insiders say that the adjustment in gold prices may provide a good buying opportunity.
Gold prices fell after investors took profit, ING said the gold rally will continue until the end of the year.
USA gold futures fell sharply on Monday as investors took profits. Last week, the price of gold rose sharply on expectations that the Federal Reserve might lower interest rates in September.
Silver Price Analysis: Silver Probably Rising in C Leg of Measured Move
Silver (XAG/USD) has decisively broken out of the descending channel it was in during the second half of May and June.
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