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Overview of csi commodity equity index: Oil prices rise, geopolitical tensions intensify, gold prices increase, copper prices have fallen for eight consecutive weeks.
Crude oil prices rose due to escalating geopolitical tensions from Russia to Iran, while stock market strength increased the attractiveness of risk assets. Gold prices also received a boost in safe-haven demand, aiming to achieve the largest weekly gain since March last year. London copper is expected to set a record for the longest consecutive weekly decline since 2019, as the rising US dollar creates pressure on commodities priced in dollars. Crude oil: WTI rose more than 6% this week, with geopolitical tensions between Iran and Russia intensifying, leading to the increase in crude oil prices due to escalating geopolitical tensions from Russia to Iran, while stock market strength increased the attractiveness of risk assets. WTI rose by over 1%.
Xiong'an new power technology (300152.SZ): The related technology has not been applied to the low-altitude economy and commercial aerospace field for the time being.
Gelonghui November 21st | xiong'an new power technology (300152.SZ) stated on the investor interaction platform that as of now, the company's related technology has not yet been applied in the low-altitude economy and commercial aerospace fields.
xiong'an new power technology (300152.SZ): not producing fuel cell energy.
Gelonghui, November 14th. Xiong'an New Power Technology (300152.SZ) stated on the investor interaction platform that as of now, the main business of the company is energy-saving combustion, with the main products being energy-saving combustion ignition equipment and the utilization of combustion control systems, without producing fuel cell energy.
Zhao Yin International: maintains a "buy" rating for Giant Biologics with a target price of 66.15 Hong Kong dollars.
CMB International released a research report maintaining a "buy" rating for Giant Bio (02367), remaining bullish on the rapid growth of the company's skincare products, and expects injectable collagen products to be approved in Q1 2025. The earnings forecast for FY24-26 has been slightly adjusted upward, and based on the DCF model, the target price has been raised to 66.15 HKD (WACC: 10.9%, perpetual growth rate: 3.0%). The main points from CMB International are as follows: the singles' day sales in 2024 concluded with impressive online growth for the company's two core brands, Kefu Mei and Keli Jin. During the singles' day sales period (October 8 to November 11), Kefu Mei
[Brokerage Focus] Guosen Securities International: Acme Intl Hldgs (01870) focuses on green energy, expecting this business to become a new driver for its future performance growth.
King Power Financial News | Guo Zheng Guo Ji Research Bureau pointed out that Acme Intl Hldgs (01870) was listed on the main board of the Hong Kong Stock Exchange in 2019, mainly engaged in engineering business in the past. After listing, the market environment changed, and Acme Intl Hldgs actively sought opportunities to develop new business. In recent years, the company has started to focus on the cni green electricity index energy business. Currently, Acme Intl Hldgs' cni green electricity index energy business includes domestic electrical utilities market sales, overseas photovoltaic and other new energy markets; and focuses on the development of new energy electrical utilities business in the Southeast Asian region. The bank pointed out that in recent years, the marketization reform of the domestic electrical utilities market has been advancing rapidly. The total sum of various types of market trading electricity accounts for the entire social usage.
chongqing sanfeng environment group corp. (601827.SH): intends to absorb and merge its wholly-owned subsidiary xiong'an new power.
GraceLon November 1st, Chongqing Sanfeng Environment Group Corp., (601827.SH) announced that in order to deepen the implementation of the state-owned enterprise reform requirements, highlight the main responsibility and main business of the enterprise, enhance core functions, improve core competitiveness, and continue to promote the high-quality development of Chongqing Sanfeng Environment Group Corp., the company plans to absorb and merge its wholly-owned subsidiary xiong'an new power technology. After the completion of this merger, the legal entity of xiong'an new power technology will be cancelled, and the related business and operations development will not be affected. This merger has been approved by the second session of the twenty-ninth board of directors meeting held by the company on November 1, 2024, and is scheduled to be submitted for approval at the company's shareholder meeting.
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