[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 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.
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.
Yunnan Copper's net income in the first half of the year increased slightly, while Southwest Copper's production reduced by more than 0.2 million tons of copper. | Interpretations of the financial report
① Due to the combined impact of rising prices of nonferrous metals such as copper and the relocation of Yunnan Copper, the net income of Yunnan Copper in the first half of the year increased slightly; ② In the first half of the year, the relocation of Yunnan Copper resulted in a loss of over 0.2 million tons of copper for the company.
Silver manganese mining capacity release, inner mongolia xingye silver&tin mining's H1 net income increased by more than 5 times year-on-year|Interpretations
① Benefiting from the strong rise in nonferrous metals prices and the production capacity release of block orders Inner Mongolia Xingye Silver&Tin Mining, the net income in the first half of the year increased more than five times year-on-year; ② Inner Mongolia Xingye Silver&Tin Mining is conducting exploration and reserve enhancement in Silver Man Mining.
Under the dual pressure of intensified losses in the coking business and continuous decline in coal prices, Shanxi Coking Coal Energy Group's net profit has dropped by 80%|Interpretation
①Due to the exacerbated losses in the core coking business and the continual decline in coal prices leading to a decrease in profits for the associated coal mining company, Shanxi Coking saw an 80% year-on-year decrease in net income in the first half of the year; ②CMC Huajin contributed investment income of 1.348 billion yuan to the company in the first half of the year, a 24.48% decrease compared to the same period last year.