The battery inventory is a tale of two extremes under high pressure, with a stable leading position and shuffling at the tail end. | Jianzhi Research
Battery inventory reaches a new high for the year.
S&P rises over 2%, the best in nearly two years, with chip stocks up about 7%, Nasdaq and Chinese stocks up 2.8%, and US Treasury yields and the yen falling for three consecutive days.
The latest employment data alleviates concerns over the US economy, and US stocks rose more than 1.7%. Nvidia's stock rose more than 6%, and Tesla, Alibaba, PDD Holdings, and Tencent ADR rose more than 3%. Bullish on weight loss drug reports, Eli Lilly and Co's stock rose more than 13%, and Novo-Nordisk A/S's US stock rose nearly 8%. The 10-year US Treasury yield rose above 4%, and short-term bond yields rose by 10 basis points. Oil prices rose for the third consecutive day, gold halted its five-day decline, and digital currency had a big increase.
What are the advantages of China's electric cars in terms of cost? This Wall Street investment bank has done the math.
Barclays pointed out that factors such as battery, supply chain, and economies of scale provide Chinese automakers with up to 40% cost advantage, with BYD Qin Plus gross margin reaching 18%. Benefiting from China's cost advantage, the gross margin of the domestic Tesla Model Y is as high as 24%, about twice that of the overseas version.
Deutsche Bank: Tencent is a "safe haven with a catalyst".
Morgan Stanley predicts that Tencent's gaming business is expected to achieve high growth in Q2 of this year and become a leading indicator for the company's future profits exceeding expectations. Morgan Stanley set a target price of HKD 450 for Tencent's Hong Kong stocks, which is 25.6% higher than the Friday closing price.
When will the lithium salt industry be cleared out as prices drop below 8? | Jianzhi Research
The spot and futures prices of lithium carbonate hit a new low for the year, posing a challenge for lithium salt manufacturers to survive.
For the first time in four years, apple has dropped out of the top five in China!
In the second quarter, domestic brands accounted for the top five sales of smart phones in China, with Xiaomi replacing Apple as the fifth in sales. Apple's market share in China is 14%, a 2 percentage point decrease from the same period last year.