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Xingye Alloy (00505) announces profit increase, with an estimated 30% increase in mid-term profit attributable to shareholders.
Xingye Alloy (00505) announced that as of June 30, 2024, the group's equity shareholders' share of the surplus for the six months ending on that date...
Express News | Xingye Alloy Materials - Expected Result Due to Rise in Copper Price & Sales Volume of Copper Products During Hy
Express News | Xingye Alloy Materials Group Ltd Sees Profit Attributable for Six Months Increase by 30%
XINGYE ALLOY: POSITIVE PROFIT ALERT
Founder Securities: Prices of non-ferrous industry and industrial metals are weakening, and gold prices are reaching new highs.
Domestic demand for industrial metals has entered the off-season, coupled with increasing expectations of a U.S. economic downturn. Industrial metal prices may remain weak, and attention can be paid to downstream demand changes in the off-season. In addition, the expectation of interest rate cuts is gradually fermenting, coupled with the weakening of the U.S. credit system, and the short-term gold price may maintain a high-level shock trend.
Copper Falls After Hawkish Fedspeak as Record Rally Loses Steam
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