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Ping An Securities: The pricing utility of gold as a currency is prominent and the copper-gold ratio has been distorted in the past two years.
Ping An Securities believes that the recent trend of copper-to-gold ratio is distorted. The current copper valuation is relatively low, and copper prices are expected to undergo upward correction.
Shuoao Intl (02336.HK) held a board of directors meeting on August 23 to consider and approve mid-year performance.
Shuoao Intl (02336.HK) announced that the company will hold a board of directors meeting on August 23, 2024 (Friday), to consider and approve the unaudited interim performance announcement for the six months ended June 30, 2024, and to consider the distribution of interim dividends (if any), including them.
SHUOAO INTL: DATE OF BOARD MEETING
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
Should Shareholders Have Second Thoughts About A Pay Rise For Shuoao International Holdings Limited's (HKG:2336) CEO This Year?
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