China CITIC Bank Corporation's strategy meeting: The US stock market is expected to continue rising next year, A-shares have profit opportunities, and the long-end interest rates of national bonds may rise.

Han Tongli stated that compared to the Internet Plus-Related bubble period of 1999-2000, the U.S. stock market still has 30%-40% upward potential, and the U.S. dollar may continue to remain strong. Zhao Qian mentioned that there are profit opportunities in the A-share market next year, as the current valuation of A-shares is not expensive, related policies provide a strong bottom support for the market, and many Chinese companies are expected to perform better next year than this year.

wallstreetcnDec 25 00:27 ET

Breaking the "involutionary" competition! The two major photovoltaic leaders announce "production reduction and control of output."

Tongwei Co.,Ltd's subsidiary Yongxiang Co. and Daqo Energy have a total production capacity of over 1.2 million tons. Analysts expect that this production cut will reach at least 0.8 million tons, leading to a significant decline in silicon material output from December to January. Despite the production cut being initiated, the current Industry still faces considerable inventory pressure.

wallstreetcnDec 24 19:33 ET

The sudden production cuts by leading silicon material manufacturers are expected to drive price and profitability recovery through industry self-discipline.

On the evening of December 24th, Tongwei Co., Ltd and Daqo Energy announced via their official accounts that to actively respond to the spirit of the Central Economic Work Conference and to eliminate "involution" vicious competition, the two silicon material companies will carry out orderly production cuts and production control. A research report from Huachuang Securities pointed out that if the subsequent industry self-discipline agreement progresses smoothly, the current supply and demand surplus is expected to be significantly alleviated, driving price and profit recovery.

cls.cnDec 24 18:56 ET

Trina Solar Co., Ltd. collaborates with AMEA Power to implement a large-scale energy storage project in Egypt.

① This project is Egypt's first public utility-scale Battery storage system project; ② The Elementa2 platform (5MWh) has multiple advanced technological advantages, aiming to optimize performance, ensure safety, and reduce costs.

cls.cnDec 23 22:45 ET

2024 Year-End Review | Honda and Nissan Merger, Volkswagen "Internal Slimming" Global Car Market Faces Layoffs and Factory Closures Frenzy.

On December 23, Honda Motor and Nissan Motor jointly announced that they have signed a memorandum of understanding regarding a merger, which will officially initiate merger negotiations; Previously, Volkswagen issued a statement that it would reduce more than 0.035 million employees at its German factories by 2030; According to incomplete Statistics by reporters, in just a few months approaching the end of the year, nearly 10 companies in the Global automotive Industry are experiencing painful layoffs or have already made corresponding decisions.

cls.cnDec 23 20:37 ET

Chipsea Technologies(Shenzhen)Corp.,Ltd: Strengthening R&D investment in fields such as AIoT, PC, BMS, and continuing to layout Business in AI | Direct hit on the Shareholder meeting.

① Chipsea Technologies(Shenzhen)Corp.,Ltd stated that the setting of Stock-based Incentive targets is mainly based on the dimension of the company's historical growth, reflecting the company's steady growth while also demonstrating confidence in future development; ② Chipsea Technologies(Shenzhen)Corp.,Ltd will continue to pay attention to the dynamics of cutting-edge technology development and actively seize development opportunities. Driven by AI technology, it will deepen its layout in the fields of MCU, analog chips, BMS, sensing measurement, and high-performance computing.

cls.cnDec 23 19:36 ET