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"Northvolt, the contemporary amperex technology in europe, has filed for bankruptcy protection, having only one week of cash left."
After failing to secure rescue funding, the Swedish battery manufacturer Northvolt AB filed for bankruptcy protection in the USA, with only a week's worth of cash left in the troubled company's account.
Is the lithium battery industry chain about to bottom out? Industry insiders expect prices to rebound next year, with leaders emphasizing a global layout.
Zhang Xiaofei, the chairman of Gaogong Lithium Battery, expects that the first quarter of next year will be the lowest point for prices, while the prices of battery main materials will begin to rise in the second quarter of next year.
Ningde Zeng Yuqun: Musk does not understand batteries, the "zero carbon" power grid will be ten times larger than the electric vehicle battery business.
Musk's bet on cylindrical batteries (i.e., 4680) "will fail and will never succeed." "We had a very intense debate. He (Musk) was silent because he did not know how to manufacture the battery. This is about electrochemistry, and he is good at chips, software, hardware, and machinery."
Pork prices have fallen for three consecutive months. Has the economic cycle failed?
Recently, pork prices have shown a continuous downward trend, and the industry’s prosperity cycle not only failed to continue but is also showing signs of gradual collapse. The Wind Pork Industry Index has significantly underperformed the market.
Bull Market Express: Brokerage stocks are dancing again, with citic sec and east money information both hitting historic highs.
On November 7th, the market opened lower and went higher, with the Chinext Price Index leading the gains. The Shanghai Composite Index rose by 2.57%, the Shenzhen Component Index rose by 2.44%, and the Chinext Price Index rose by 3.75%. Brokerage sector surged, with citic sec and East Money Information stock prices hitting historical highs, driving the strength of diversified finance stocks. The market presents a situation of "switching between high and low", with active domestic consumer trends, sectors such as baijiu, food processing, agriculture, and the winter sports industry saw significant increases.
Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation
1. The cost of 90% of the listed pig companies has dropped to the range of 14 yuan per kilogram, including five companies such as Sunlon, Muyuan Foods, and Wens Foodstuff Group, which have dropped to the range of 13 yuan per kilogram; 2. Several listed pig companies have indicated that there is still some room for cost reduction in the fourth quarter and next year; 3. Industry insiders believe that the cost reduction achievements have become a moat for the long-term development of pig companies, helping companies expand their profit margins and enhance their risk resistance capabilities.