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Two companies have new developments: Taijin New Energy responds to the first round of review inquiries, and Hengkang New Materials has been inquired about | Star IPO Weekly Report.
1. Taijin New Energy is a leading company in the international market providing overall solutions for the production lines of Lithium Battery anode current collector copper foil and electronic circuit copper foil; 2. During the reporting period, nearly 40% of Hengkun New Material's revenue came from agency products, and the gross margin of self-operated precursor materials was negative.
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The cryptocurrency Industry is facing profit squeezes, and USA mining companies are "making ends meet".
It is estimated that in the third quarter of last year, the Average Cost of producing Bitcoin for all miners listed in the USA was $55,950 per coin, a 13% increase from the previous quarter, with an Average Cost of $106,000 including depreciation and stock-based compensation costs. Bitcoin is currently priced at $101,439.1. This means that if the price of Bitcoin does not rise, it may lead to many miners shutting down their machines or going bankrupt.
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Deutsche Bank's annual survey: What is the biggest risk in the financial market in 2025?
The survey shows that respondents believe the biggest observable risk in 2025 is Global trade conflicts, followed by a crash in Technology Stocks. One-third of respondents think that the "Seven Giants" of the US stock market will decline, along with concerns about inflation and Bond yields. They also believe that Bitcoin poses the greatest bubble risk in 2025, while European Stocks are viewed as the Assets "furthest from a bubble."
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Hengkun New Materials' Star IPO has been accepted: nearly 40% of revenue comes from agency products, while the gross margin for self-operated precursor materials is negative.
① In the process of localization substitution, how the company achieves the improvement of profitability of its self-produced products and sustainable performance growth will be a common topic of interest in the market; ② Hengkun New Materials stated that during the introduction process, the company needs to comprehensively follow up on customer sample testing and conduct the introduction of customized photoresist materials, reflecting the company's core technology and competitive strength in product applications.
2024 Crypto Rally Ends With A Whimper As Trading Volume Falls 64%, Michael Saylor Says 'Take A Break'