399358 CNI EP Index
- 3726.69
- +15.05+0.41%
Express News | Solar energy stocks are rising across the board, with Enphase Energy, Sunrun, and Canadian Solar up more than 3%, and First Solar, JinkoSolar, and Nextracker up more than 2%.
Cui Dongshu, Secretary General of the China Passenger Car Association: The 'Autos to the Countryside' policy needs to be strengthened rather than suppressed.
In 2024, China's auto market retail achieved the expected strong start, followed by a sharp divergence between electric vehicles and gasoline vehicles. From January to August 2024, the retail sales of electric vehicles reached 6.01 million units, showing a relatively strong trend with a 35% increase, close to the 36% growth rate in 2023.
2024 Service Trade Fair | Interview with Jinkosolar Vice President Qian Jing: Building a factory in Saudi Arabia is the breakthrough for Jinkosolar, and production is expected to start in early 2026.
① Service-oriented manufacturing is the next stage of the photovoltaic manufacturing industry; ② The Middle East market is growing significantly; ③ In the face of industry integration, building factories in Saudi Arabia is a breakthrough path for JingKe.
Express News | The United States has decided to impose additional tariffs on Chinese products, with a 100% increase in tariffs for electric cars.
The plan for the listing of zoomlion heavy machinery has fallen through. Zoomlion stated that it will not affect the company's existing business.
①Zoomlion plans to terminate the reorganization and listing of its subsidiary Zoomliongaoji with Shenzhen Roadrover Technology. ②Zoomlion stated that the termination of the reorganization project will not affect the production and operation activities of Shenzhen Roadrover Technology and Zoomliongaoji.
Great Energy: There are already 8-10 potential customers for semiconductor-grade polycrystalline silicon, and it is expected that the "tug-of-war" in the photovoltaic industry will continue for 2-3 quarters. | Direct hit at shareholder meeting
① In the field of energy, it is expected that the short-term trend of silicon material prices will rise, but the actual fill price depends on the balance between upstream and downstream. Currently, the supply and demand balance of silicon materials has not yet been reached; ② If the fill price of silicon materials only increases slightly, it is not cost-effective to restart and shut down production capacity. During the period of capacity switching on and off, manufacturers will suffer from "double kills" of cost and quality; ③ With the stability of the supply chain and the demand for cost reduction, Daquan Energy is "upward integration" and laying out industrial silicon.
Lithium carbonate "rare surge"! Contemporary Amperex Technology plans to adjust the production arrangement of Yichun lithium carbonate. Industry analysis believes that the main reason for the production suspension is cost.
Regarding the rumors of lithium mine suspension in Jiangxi, Contemporary Amperex Technology stated to Caijing News that, based on the recent market conditions of lithium carbonate, the company plans to adjust the production arrangement of Yichun lithium carbonate. ② An informed source told Caijing News that Contemporary Amperex Technology has not yet taken any action to suspend production and further communication and coordination are needed to determine the next steps. ③ Industry insiders analyze that the suspension of production at this time is mainly due to cost reasons.
With a scale exceeding 5 billion yuan, contemporary amperex technology's new fund has landed in Xiamen.
Recently, Contemporary Amperex Technology has launched a new fund in Xiamen with a size of over 5 billion yuan. The limited partners include various local state-owned asset funds in Xiamen, as well as the Zhejiang Tongxiang City, Fujian Ningde City, and Luoyang City state-owned asset funds. Contemporary Amperex Technology is also constructing the first phase of an electrochemical energy storage system project in Xiamen, aiming to create a first-class platform for energy storage system research and development testing and innovative technological research.
[Data Analysis] Institutions have been buying Baoding Tianwei Baobian Electric for two consecutive days, while powerful speculative capital has invested over 100 million yuan in the rush to buy Tianqi Lithium Corporation.
①State-owned enterprise reform concept stock baoding tianwei baobian electric received institutional buy-in of over 60 million yesterday, and also received institutional buy-in of over 60 million yesterday. ②The lithium battery sector surged. Multiple stocks received buy-in from institutions and retail investors, with tianqi lithium corporation receiving 0.106 billion buy-in from citic sec's Xian Zhuque Avenue business department.
The price of lithium carbonate futures has surged, with a single-day increase of nearly 0.03 million contracts. The rumor of production suspension at Contemporary Amperex Technology has been confirmed. Will there be a bottoming out and rebound?
① Market experts have stated that if there is a significant reduction in the output of lithium carbonate in the coming months, the destocking level in September and October may exceed expectations; ② As the consumer market enters the peak season of "Golden September and Silver October", the fundamentals have improved recently and a turning point in inventory has already emerged.
August electric vehicle sales: BYD sold nearly 0.38 million units, sokon industry group stock surged nine-fold year-on-year.
①After surpassing a 50% market penetration rate in July, the market penetration rate of new energy vehicles further increased in August, achieving a steady and robust development with a "step-by-step" approach. ②In August, BYD not only broke its own monthly sales record, but also achieved the highest year-on-year growth rate of the year. ③Chery Automobile and Chongqing Sokon Industry Group Stock achieved year-on-year retail sales growth of 251.5% and 912.3% in August respectively.
The lithium battery sector soared, with Tianqi Lithium Corporation rising more than 13%. UBS Group issued a research report stating that lithium prices in China have bottomed out.
UBS estimates that the suspension of Contemporary Amperex Technology's lithium business in Jiangxi will lead to an 8% decrease in China's monthly production of lithium carbonate. The lithium price is expected to rise by 11%-23% within the year and will be supported at $8600/ton.
Byd company limited may raise its full-year sales target to 4 million vehicles, combining plug-in hybrid, asia vets, and price reductions.
Morgan Stanley's latest research report shows that the management of BYD Company stated that the full-year sales target has been raised to 4 million vehicles. If we calculate based on the 4 million vehicles target, it means that the monthly average sales for the remaining four months of this year need to reach 0.418 million vehicles.
Quick Look at Mid-day Trading | The three major stock indexes in Hong Kong all fell, with oil and coal stocks declining; all three major oil companies saw a drop of over 5%, while Tianqi Lithium Corporation surged 12% against the market trend.
Network technology stocks generally fell, with SenseTime down nearly 3%, JD.com, Netease down nearly 1%, Tencent, Alibaba slightly down; Bilibili rose by over 1%, Meituan slightly rose.
Institutions | Looking for the prosperity and highlights in the industry: clues from the Hong Kong stock market report
Based on the comprehensive disclosure of interim performance and market expectations, the sectors of internet e-commerce and csi leading consumption and services index have a relatively high degree of prosperity. Meanwhile, public utilities such as telecommunications and hydropower maintain stable profitability, making them worthwhile dividend symbols to continue to pay attention to.
In August, the penetration rate of new energy exceeded 50% again, with byd company limited and chongqing sokon industry group stock leading the way. China Association of Automobile Manufacturers: Adjusting the annual sales volume expectations upwards.
①The China Passenger Car Association released data showing that the narrow definition of passenger vehicle retail sales in August was 1.905 million units, a year-on-year decrease of 1.0%. ②Looking ahead for the whole year, the China Passenger Car Association will provide specific numbers for the expected increase in the electric vehicles market after comprehensive assessment.
CINNO Research: In the first half of the year, China's new energy industry investment reached 2.1 trillion yuan, a 57% year-on-year decrease.
According to the statistics from CINNO Research, the total investment in China's (including Taiwan) new energy projects from January to June 2024 reached 2.1 trillion RMB, a decrease of 57.1% compared to the same period last year.
How significant is the impact of a 30% production reduction by the photovoltaic glass giant? Flat Glass Group: The customer procurement intention is stable | Coverage of the earnings conference.
1. Market rumors: Xinyi Solar and Flat Glass Group, along with ten other photovoltaic glass giants, jointly reduce production by 30%. Ruan Hongliang, the director of Flat Glass Group, denied the joint production cut and emphasized that it was an individual company action; 2. The reduction in production by the giants did not boost demand. The company stated that the purchasing intention of downstream customers remained stable on a month-on-month basis; 3. The price reduction of photovoltaic glass has caused investors to worry about the company's performance in the second half of the year.
Norway leads the global countries by a wide margin! In August, the market share of electric vehicles reached as high as 94%.
①The statistics released on Monday showed that electric car sales in Norway accounted for 94% of the local market share in August, setting a new world record; ②Meanwhile, electric car sales in other European countries remained stagnant.
Auto stocks show differentiation! Sales rankings for August are out, and the performance of new car-making forces varies.
From the news perspective, today's auto sector shows a clear differentiation trend, which may be related to the August sales data disclosed by them the previous day (August 1). Overall, some people are happy, some are worried.