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Global New Material International Holdings Limited's (HKG:6616) Biggest Owners Are Private Companies Who Got Richer After Stock Soared 22% Last Week
Breaking the deadlock with "materials" and embracing green "growth", GLOBAL NEW MAT (06616) has been awarded the "Innovation and Sustainable Development Award".
On December 27, the 7th Investment Annual Conference of 2024 held in Shanghai, the Hong Kong-listed company GLOBAL NEW MAT (06616) was successfully selected for the "Annual Most Influential Enterprises List" and awarded the "Innovation and Sustainable Development Award." In 2024, the Chinese economy is experiencing a transition from a high-speed growth phase to a high-quality development phase. Signs of changes in development methods, optimization of economic structures, and transformation of growth momentum indicate that the growth model of the Chinese economy is changing. Against this backdrop, the financial community, under the theme "Breaking Barriers and Growth", has invited over 30 chairmen of listed companies and 100 presidents of listed companies to engage in discussions.
GLOBAL NEW MAT (06616) has won the 2024 Hong Kong Listed Company Excellence Award for Environmental, Social and Governance.
Recently, the 2024 Hong Kong Corporate Governance and ESG Excellence Award ceremony organized by the Hong Kong Listed Companies Association and the Corporate Governance and Financial Policy Research Centre (CCGFP) of Hong Kong Baptist University was held in Hong Kong. GLOBAL NEW MAT (06616) was awarded the "Excellence Award in Environmental, Social, and Governance (ESG)" for its outstanding performance in ESG strategy, environmental protection, social responsibility, corporate governance, and information disclosure. This award is not only a highly recognized effort by GLOBAL NEW MAT in the field of sustainable development, but also reflects the company’s commitment to creating long-term value for society, the industry, and investors.
Valuation adjustments have been sufficient, market expectations are warming up, and high-quality Hong Kong stock companies may welcome a "year-end market rally".
As of the end of November, the Hong Kong stock market has experienced a downward trend throughout October and November. After the profit-taking ended, the hang seng index has now retraced to the level before the market rally initiated at the end of September, and the overall market valuation has returned to a low point. For listed companies in Hong Kong stocks, the negative factors leading to corrections may have been fully factored in, and a new round of investment opportunities may have already begun. With valuations back in the trough, the Hong Kong stock market is once again welcoming a window for positioning. After a rapid rise at the beginning of October, the Hong Kong stock market began to correct, with the hang seng index dropping from the peak on October 7 (23,241 points) to 19,159 points on the 26th, a decline of 15.7%. In terms of reasons,
Electric vehicles welcome the milestone of annual production of tens of millions of miles, with strong growth in demand for auto coatings, driving up enterprise profits.
On November 15, the People's Daily published an article reporting that china's annual production of new energy autos has exceeded 10 million units. This marks a new stage of high-quality development for the new energy autos industry in the country. From an annual production of 0.013 million units in 2013 to a production of over 10 million units in 2024, china has transformed from a large consumer of autos into a top global auto manufacturing powerhouse in the past decade. The report pointed out that the auto industry is an important symbol of a country's manufacturing strength, and the "overtaking in a bend" of the new energy autos sector is a crucial factor for breakthroughs in china's auto industry, reflecting the strength of chinese manufacturing. As china's auto sales...
Singles' day sales promotion drives beauty consumer spending, related high-quality companies may receive a boost in sentiment.
Recently, the 2024 singles' day sales on major domestic e-commerce platforms have all kicked off. Compared to the past, the start time of activities on major e-commerce platforms has been further advanced than in previous years. For example, looking at the earliest start of activities on the Douyin platform, its singles' day sales event lasts for as long as 33 days. The title of the 'Longest Singles' Day in History' has once again been refreshed in 2024. In terms of marketing strategies on platforms like Tmall, Taobao, jd.com, pdd holdings, etc., compared to last year's 'lowest price' strategy, this year's singles' day sales are more focused on reducing burdens for merchants, including reducing service fees, loosening strict refund policies, fast payment return, subsidizing shipping costs, etc.
