Steel prices continue to fall, gross margin decreases, baoshan iron & steel Q3 performance drops by 60% | Interpretations
Due to the steel price drop exceeding the drop in raw material prices, the profit margin continues to shrink, baoshan iron & steel's third-quarter performance declined by more than 60%. At the same time, due to the decrease in steel production and sales volume in the third quarter, as well as the impairment of assets extracted by the company in the third quarter, the changes in the above two aspects of operation and financial data also have a certain impact on the company's performance.
Conch Cement's Q3 revenue fell by 32.89% year-on-year, with net income also decreasing by 15.13%. | Financial Report Watch
In the third quarter, due to the dual decline in sales volume and prices of cement business products, the company's revenue and profit both saw a double-digit year-on-year decrease.
Foreign public fund latest hold positions exposure! Fund managers are bullish on china's stock market valuation repair.
With the disclosure of the third quarter report, public funds under international asset management giants such as BlackRock and Fidelity have all their holdings exposed.
Wanhua Chemical Group's net income for Q3 dropped by 29.41% due to the decrease in product prices and the increase in raw material costs. | Financial Report News
In the third quarter, due to the year-on-year decrease in product prices and year-on-year increase in main raw material prices, product costs increased, resulting in a decrease in gross profit. Wanhua Chemical Group's net income was 2.919 billion yuan, a 29.41% year-on-year decrease, with total revenue of 50.537 billion yuan, a 12.48% year-on-year increase.
cmoc group limited Q3 net income increased by 64.12%, copper related business gross margin increased by 15.81% | Financial Report Insights
In the third quarter, the gross margin of copper mining and processing business increased by 15.81% year-on-year, while the gross margin of phosphate fertilizer business increased by 8.29% year-on-year. The net income of cmoc group limited was 2.856 billion yuan, a year-on-year increase of 64.12%, with a total revenue of 51.936 billion yuan, up 15.53% year-on-year.
Price reduction and volume increase, Zhejiang Longsheng Group, a leading dye company, saw its net income in Q3 increase by more than three times. | Interpretations
①The company's net income for the first three quarters was 1.353 billion yuan, a year-on-year increase of 50.52%, with a 320.82% increase in net profit for the third quarter; ②Sales of dyes, additives, and intermediates by the company in the first three quarters all increased year-on-year, while dye revenue saw a slight year-on-year decline.
Below expectations? Refrigerant prices are steadily rising, zhejiang juhua's Q3 net profit declined compared to the previous quarter|Interpretations
1. The company's Q3 net profit declined compared to the previous quarter, and investor comments were below expectations; 2. It is becoming increasingly difficult to meet the full-year performance expectations set by the brokerage; 3. The structural contradictions of the product are prominent, with some products continuously dragging down performance; 4. The off-season for refrigerants in Q3 also had an impact, but demand in Q4 has not shown a clear increase.
The product price spread fell year-on-year, dragging down hengli petrochemical's Q3 net income to 1.09 billion, a significant 59% year-on-year decline. | Financial report insights
In the third quarter, hengli petrochemical's earnings per share was 0.16 yuan, a year-on-year decrease of 57.89%. In the third quarter, hengli petrochemical's profit and earnings per share both dropped by nearly 60%, mainly due to a year-on-year reduction in product price differentials for the quarter, leading to a decline in quarterly profits.
Zijin Mining Group: It is expected that the second phase of the Longnan Copper Mine will start trial production in the first quarter of 2026, and the annual copper production will exceed 0.3 million tons | Direct hit earnings conference
1. The second-phase expansion project of Julong Copper Mine is expected to achieve trial production in the first quarter of 2026; 2. After the completion of the expansion phase, annual copper production will exceed 0.3 million tons; 3. The company stated that the short-term downward trend in lithium prices will continue.
Upstream nickel resource development projects gradually reaching full production zhejiang huayou cobalt Q3 net profit hits historical high for the same period | interpretations
Thanks to the simultaneous rise in the volume and price of nickel products, zhejiang huayou cobalt's performance has stabilized, with Q3 net profit hitting the highest level in a single quarter this year; In the first three quarters of this year, zhejiang huayou cobalt's net profit has reached 90% of last year's annual net profit, and the full-year performance may exceed market expectations; In the first three quarters of this year, zhejiang huayou cobalt's financial expenses increased by 88.64% year-on-year, possibly related to the high corporate debt ratio.
This year's first increase! Inner Mongolia Baotou Steel Union Q4 rare earth concentrate price increase may exceed 6%, analysis: driven by the upward movement of price cycle | Quick read announcement
①Following the continuous "hanging" of the rare earth product listing price in September and October by China Northern Rare Earth, Inner Mongolia Baotou Steel Union has also announced an increase in the rare earth concentrate trade price for the fourth quarter of this year; ②It is worth noting that this is the first time Inner Mongolia Baotou Steel Union has increased the rare earth concentrate trade price since the beginning of this year; ③Due to the rise in neodymium praseodymium oxide prices in the third quarter, the industry has expectations for the price increase of the rare earth concentrate of Inner Mongolia Baotou Steel Union in the fourth quarter.
"Golden September" market boost, china northern rare earth's October listing price raised again! Industry bullish on Q4 rare earth price rebound | Industry News
1. Under the strong market trend of rare earths in "Golden September", the leading light rare earth company China Northern Rare Earth continued to maintain high listing prices in October, with listing prices of multiple products increasing by more than 3% on a month-on-month basis. 2. China Northern Rare Earth stated that recent market demand has improved, and the company's upstream raw material production lines are running at full capacity. 3. Sinolink Securities research reports stated that Q4 is the peak season for the production and sales of electric vehicles in the year, and they continue to be bullish on the rebound of rare earth prices in Q4.
Tide News | Count 150th Anniversary Celebration, Inner Mongolia Erdos Resources 1980 officially announced brand spokesperson Zhao Liying, Ben Sheldon appeared at the ONYX Shanghai party, Kelong naturally appeared at the camping festival opening in Shangha
As an extension of the Paris station, the Count's celebration landed in shanghai with more than 200 exquisite high-end jewelry and watch treasures.
Bullish on A-shares? Foreign capital bypasses Hong Kong stock ETFs, with institutions suggesting that incremental capital for Chinese stocks may reach 40 billion US dollars.
Institutions predict that Chinese stock potential incremental funds may reach 40 billion US dollars. Which directions will be the focus of increasing positions?
Spot gold has repeatedly hit new highs, are golden industrial concepts that deviate from the price of gold being wrongly killed?
This is also a microcosm of the golden industrial concept in the A/H markets. While the price of gold is reaching new highs, A/H golden industrial concept stocks have experienced the largest decline this year. Under the negative market sentiment, it seems that the gold narrative that the market talked about two months ago is no longer valid?
Longao Company plans to introduce zijin mining group as the second largest shareholder. The stock price rose nearly 20% with increased volume ahead of schedule. Who is the "clairvoyant"? | Quick read announcement.
①Longgao shares intend to introduce war investment zijin mining group to become the company's second largest shareholder; ②Before the announcement, the stock price had already shown unusual movements several trading days in advance, showing a trend of increasing volume and rising, with a total increase of approximately 20% during this period.
Midday Recap | Hong Kong stocks continue to surge! The Hang Seng Index is up more than 2%; network technology and automotive stocks are performing well, with xpeng rising by about 10% and alibaba reaching a new high in over a year.
Most network technology stocks rose, with SenseTime leading the gains with a more than 6% increase, Bilibili up nearly 4%, Alibaba up more than 3%, Meituan up nearly 3%, Netease and JD.com up more than 1%, and Tencent up nearly 1%.
The 2700 point level once again sees a billion-level buyback plan! And there are nearly ten companies disclosing their first buyback actions tonight.
① Fangda Carbon and Wens Foodstuff have announced their intention to buy back shares with a range of 0.5 billion-1 billion yuan and 0.9 billion-1.8 billion yuan, respectively; ② Tonight, China Petroleum & Chemical Corporation, Jiajiayue Group, Haizheng Biomaterial, Xishan Technology, New Journey Health Technology Group, Hubei W-olf Photoelectric Technology, D&O Home Collection Group, JIANKUANG Stock have announced the implementation of this round of share repurchases for the first time.
Intraday overview | Hong Kong's three major indices collectively rose more than 1%; gold and biomedical sectors were strong, and Yiming Angkedao rose more than 50%.
In terms of sectors, network technology stocks have collectively risen, with Sensetime up nearly 3%, Meituan up over 2%, Xiaomi, Alibaba, Baidu up over 1%, Tencent, JD.com up nearly 1%.
Chifeng Jilong Hitches A Ride On Market Gold Rush