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HK stock unusual movement | Steel stocks rallied at the close, positive policy changes driving expectations for improvement. Market cap management guidelines are expected to stimulate sector recovery.
Steel stocks rallied in the final trading session. As of press time, maanshan iron (00323) rose by 10.1% to HKD 1.09; angang steel (00347) rose by 8.26% to HKD 1.31; chongqing iron (01053) rose by 6.35% to HKD 0.67; china oriental (00581) rose by 5.5% to HKD 1.15.
Who is the main player in the csi commodity equity index in the fourth quarter? Wait patiently for the "landing" of the Fed rate cut.
Can gold continue to lead the way? Will crude oil, iron ore, and other big losers be able to turn the tide?
Xiwang Special Steel Reveals Appointment of Liquidators in May
xiwang steel (01266.HK): appointment of joint and several liquidators
On September 4th, Ge Long Hui announced that on May 17th, 2024, the High Court of the Hong Kong Special Administrative Region issued an appointment order (amendment to the original appointment order issued on June 24th, 2024), appointing Deloitte Touche Tohmatsu's Jiaen Li and Jingwen Zhu as the joint and several liquidators of the company.
CITIC Securities: Steel prices fluctuate and seek the bottom, waiting for demand to recover.
Currently, as we approach the end of August, whether the demand will improve in the later period will be the key to whether steel prices will stop falling and rebound, given the significant reduction in production in steel mills.
Steel companies are issuing warnings about a "severe winter"! The market cap of the world's four largest iron ore miners has evaporated by over 100 billion US dollars.
Many steel companies' predictions about the severe industry outlook have made several major international iron ore suppliers, who are upstream industries, begin to have a difficult time in recent days. Since the beginning of this year, the price of this key steelmaking raw material has fallen by more than one-third. The market capitalization of the "four major" global iron ore miners has evaporated by about 100 billion US dollars in total.
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Suk San : oxen
kats_ : brilliant!I am considering holding Tencent for a long time
ROM-STAR : same! This stock is still relatively strong,I am quite optimistic about it