PPI y/y and m/m declined further. PPI -0.7% m/m, with a -0.6% input prices and producer prices for consumption goods remained at 0%. The weaker PPI numbers are influenced by insufficient market demand and falling prices for certain international commodities, NBS said. Month-on-Month Analysis: PPI dropped by 0.7%, widening the decline by 0.5 percentage points compared to the previous month. The prices of producer goods fell by 1.0%, with a 0.7 percentage point increase i...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(MAR5) (ESmain.US)$(4 Hour Chart) -[BEARISH ↘ **]View remains unchanged as technical elements are still valid. We maintain our bearish bias as long as price holds below 5670 resistance, before pushing lower towards 5375 support. Stochastics indicator is reacting below resistance where price dropped in the past. Price is also holdin...
$SINOPEC CORP (00386.HK)$ China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea,
Sinopec's strategy of operation optimization, network advantages, and tech R&D investment has led to exploration breakthroughs and increased R&D investment. The focus on value creation, transformation, and profit expansion is expected to drive sustainable development.
CPC MAR5 Forum
GASOLINE OUTPUT AT 13.5 MILLION TONNES, DOWN 2.8% Y/Y.
DIESEL OUTPUT AT 16.9 MILLION TONNES, DOWN 7.9% Y/Y.
$SINOPEC CORP (00386.HK)$ $China Petroleum & Chemical Corporation (600028.SH)$ $Petroleum (LIST1205.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BYD COMPANY (01211.HK)$ $XPENG-W (09868.HK)$ $NIO-SW (09866.HK)$
Securities & Brokerage: $HTSC (06886.HK)$ $CMSC (06099.HK)$
Gaming Software: $NTES-S (09999.HK)$ $XD INC (02400.HK)$ $NETDRAGON (00777.HK)$
Digital Solutions: $TENCENT (00700.HK)$ $TRAVELSKY TECH (00696.HK)$ $CHINASOFT INT'L (00354.HK)$
Online Retailer: $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$
Insurer: $PING AN (02318.HK)$ $AIA (01299.HK)$ $CHINA LIFE (02628.HK)$
Telecommunication: $CHINA MOBILE (00941.HK)$ $CHINA TELECOM (00728.HK)$
...
Could we perhaps expect to see similar partnerships with EV charging infrastructure operators and traditional gas stations in the West?
$China Petroleum & Chemical Corporation (600028.SH)$ $SINOPEC CORP (00386.HK)$ $BYD Company Limited (002594.SZ)$ $BYD COMPANY (01211.HK)$ $XPENG-W (09868.HK)$ $XPeng (XPEV.US)$ $Tesla (TSLA.US)$
Nio enters charging partnership with China's oil giant Sinopec
Month-on-Month Analysis:
PPI dropped by 0.7%, widening the decline by 0.5 percentage points compared to the previous month.
The prices of producer goods fell by 1.0%, with a 0.7 percentage point increase i...
$E-mini S&P 500 Futures(MAR5) (ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ **]View remains unchanged as technical elements are still valid. We maintain our bearish bias as long as price holds below 5670 resistance, before pushing lower towards 5375 support. Stochastics indicator is reacting below resistance where price dropped in the past. Price is also holdin...
China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea,
For resource stocks, $CHALCO (02600.HK)$ declined 3.6%, while $GANFENGLITHIUM (01772.HK)$ and $TIANQI LITHIUM (09696.HK)$ crumple...
No comment yet