Goldwind Science & Technology Co., Ltd. (XJNGF) Q3 2024 Earnings Call Transcript Summary

moomoo AINov 4 00:42 ET · Conference Call

Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.

①Zhi Ji Autos' latest announced purchase rights: From now until November 30th, Zhi Ji Autos' entire range of new and old car owners will share a total purchase subsidy value of 1.1 billion. ②A salesperson at a Huawei store told Caixin reporters that Hongmeng Intelligent Travel's November policies have been adjusted compared to October.

cls.cnNov 3 23:43 ET

Regera Life once again takes action on China Longyuan Power's H shares, making it the 12th time this year that insurance funds have disclosed holdings in listed companies, reaching a nearly 4-year high in frequency.

①The source of the stakeholding funds is from own funds account, universal and bonus account insurance liability reserve; ②As of November 1st, insurance companies have conducted a total of 12 stakeholdings this year, holding stakes in 11 listed companies; ③Insurance companies frequently hold stakes, which is related to the adjustment of investment strategies by insurance assets under the background of new accounting standards.

cls.cnNov 1 09:10 ET

China Shenhua Energy Reports Q3 Results

Seeking AlphaNov 1 08:54 ET

Gold is advancing rapidly, with analysts shouting a target price of $3000. How should one follow up on investment at the moment? Experts remind to pay attention to channel risks.

1. UBS Group analysts predict that the price of gold will reach $2800 per ounce by the end of the year, with the potential to hit $3000 per ounce by the end of next year; 2. Investing in gold requires attention to channel risks, choose channels for selling and repurchasing gold that are smooth and secure for gold investment; 3. When buying gold, do not speculate on short-term fluctuations with a speculative mindset, do not treat buying gold as "speculating on gold" or "speculating in stocks".

cls.cnNov 1 08:22 ET

Wall Street's expectations are consistent: gold is expected to reach $3,000!

Bank of America believes that gold is the best hedging asset. Goldman Sachs pointed out that since the outbreak of the Russia-Ukraine conflict, global central banks' demand for gold has quadrupled. Morgan Stanley believes that the influence of gold ETFs, central banks, and individual investors on gold prices in the futures market continues to grow. Citigroup also pointed out that currently, the overall gold investment demand from both public and private sectors remains at historical highs, putting upward pressure on gold prices.

wallstreetcnNov 1 04:19 ET