Brokerage morning meeting highlights: Countermeasures against tariffs boost Shenzhen Agricultural Products Group prices, the planting chain directly benefits.
At today's Brokerage morning meeting, CITIC SEC believes that countermeasures against tariffs boost the prices of Shenzhen Agricultural Products Group, which directly benefits the planting chain; HAITONG SEC proposed a bullish view on the relative yields of the Banks Sector in April; Galaxy Securities stated that it focuses on Gold and countermeasures against rare earths.
The annual report of the Retirement Fund reveals the holding trends: in Q4, 22 new stocks entered the top ten circulating shareholders list, with Shandong Hualu-Hengsheng Chemical having the highest market value.
With the disclosure of the 2024 annual reports of listed companies, Retirement funds have newly entered the top ten circulating shareholders list of 22 stocks. Among them, Shandong Hualu-Hengsheng Chemical has the highest market value of holdings, reaching 0.446 billion yuan. Attached is the list of A-shares with newly added holdings exceeding 0.1 billion yuan by Retirement funds in Q4 of 2024 (see attached table).
YANKUANG ENERGY: It is expected that the performance in the first quarter of this year will decline year-on-year. Currently, coal prices have basically reached the bottom | Directly addressing the Earnings Conference.
YANKUANG ENERGY stated at today's 2024 Earnings Conference that Coal prices have basically reached their lowest point and are showing signs of stabilization. Due to the year-on-year decline in Coal prices, the company's performance in the first quarter will be affected; The company also stated that it will adhere to the principle of Cash dividends, and has so far accumulated a dividend of 85 billion.
China National Chemical Engineering and Physical Power Supply Industry Association: From January to February, China's lithium-ion Battery export value reached 9.722 billion USD, an increase of 11.4% year-on-year.
In January and February 2025, the number of lithium-ion Battery exports from China was 0.635 billion units, a year-on-year increase of 12.9%; in the same period, the export value of lithium-ion Batteries was 9.722 billion dollars, a year-on-year increase of 11.4%, indicating a good overall export situation.
Wanhua Chemical Group: In 2024, revenue is expected to increase only slightly. Product price increases and "unloading burdens" are expected to improve profitability | Interpretations
① Wanhua Chemical Group released its performance report for 2024, with company revenue reaching a historical high, but Net income decreased by 22% year-on-year; ② The main reason for the company's increase in revenue without a corresponding increase in profits is the provisions for asset impairment and rising expenses; ③ With expectations of product price increases and the removal of burdens from asset impairment provisions, Wanhua Chemical Group is expected to see an improvement in profitability in 2025.
In 2024, the Net income is 13 billion yuan. The leading chemical company announced its performance quick report | Post-market announcement highlights.
WUXI APPTEC: In 2024, the Net income is 9.45 billion yuan, a decrease of 1.63% year-on-year.