Zijin Mining Group's performance in the first three quarters increased by more than 50%, planning to invest approximately 8.4 billion yuan in developing copper mining projects in Tibet | interpretations

①Benefiting from the simultaneous increase in the volume and price of nonferrous metals products, zijin mining group's net income in the first three quarters increased by more than fifty percent; ②The company plans to invest over 8 billion yuan in Tibets Zhuono Copper Mine, which is expected to start production within two years.

cls.cnOct 18 11:16 ET

Nickel prices continue to be low, with Indonesia claiming to be controlling production capacity to balance market supply and demand.

Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia stated on Friday (October 18) local time that the country is controlling the amount of nickel ore produced by its mining companies to balance market supply and demand.

cls.cnOct 18 08:42 ET

Orders are full! Fuyao Glass's net profit in the first three quarters is close to last year's full year. Capital expenditures have significantly accelerated | Interpretations of financial reports

① Fuyao Glass Chairman Cao Dewang stated that the company's orders this year are fully booked, and the net profit level in the first three quarters is close to that of the whole of last year; ② Multiple brokerage institutions predict that Fuyao Glass may achieve a net profit of around 7.2 billion yuan for the full year, a year-on-year growth of approximately 27.91%; ③ Analysts point out that Fuyao Glass' high profits come from economies of scale, high automation, vertical industry chain, and advantages in labor costs.

cls.cnOct 17 10:51 ET

"Trade-in for New" subsidies boost the electric vehicle market, some car owners purchase orders from scalpers to enjoy discounts. | Frontline

1. Due to the application deadline for the national subsidy for trading in old for new, popular car models, consumers choose to purchase delivery orders nearing deadline. 2. In addition to the national subsidy, various regions also have overlapping application "consumer vouchers", some stores are considering issuing cross-regional invoices to help consumers enjoy discounts on car purchases.

cls.cnOct 17 09:28 ET

Spot gold hits another all-time high, with the 'Trump trade' joining the ranks of price drivers.

Spot gold has strengthened, reaching a high of $2,688.82 per ounce, setting a new record since September 26. Analysts believe that in addition to geopolitical tensions, gold prices have also been influenced by the 'Trump trade'.

cls.cnOct 17 07:59 ET

One after another launched cheap electric car models, european car manufacturers started a "counterattack".

At this week's Paris Motor Show, European auto giants such as Renault and its subsidiaries Dacia, Stellantis, etc., have successively launched affordable electric car models. Both Renault's Twingo E-Tech model and Dacia's Spring model are priced below 0.02 million euros.

wallstreetcnOct 17 07:33 ET