"Incremental reserves" increase storage jchx mining management cultivates resource development as the second largest business | Direct hit earnings conference
①The focus on cultivating resource development sectors has become the company's second largest core business; ②At present, exploring and increasing reserves in existing projects is a more cost-effective way to obtain resources.
What happened tonight? Major policy bullish surprise, foreign capital collectively optimistic, china assets booming!
On the evening of September 26, Chinese assets soared, with Chinese concept stocks, China assets etf, ftse china a50 index futures, Hang Seng index futures, and RMB exchange rates all skyrocketing.
U.S. stocks closed | The Dow Jones and S&P 500 hit new highs intraday before falling, and Nvidia's market cap returned to 3 trillion U.S. dollars.
The Dow Jones Industrial Average fell by nearly 300 points, ending four consecutive gains, both the S&P and Nasdaq hitting record highs. The Hang Seng Tech Index fell by 2.8%, while the Chip Index rose by nearly 1%. Nvidia rose by over 2%, with robust demand for AI boosting Micron Technology's post-market rise of 13%. Bilibili briefly fell by nearly 7%. The US dollar and Treasury yields rose together, oil prices fell by over 2%, and spot gold touched a new high of $2670 before briefly turning lower. The US dollar saw its largest gain in three months, the Japanese yen fell by over 1%, and the offshore yuan saw the deepest drop of nearly 280 points to breach 7.03 yuan.
Mid-day overview | All three major indices collectively rose by over 1%, with jd.com leading the network technology stocks with a rise of over 7%, while Alibaba rose by about 3% after its earnings announcement.
Most of the network technology stocks rose, JD.com rose more than 7%, Baidu rose more than 3%, Alibaba rose nearly 3%, Meituan rose more than 2%, and Tencent rose more than 1%.
Instead of looking at whether or not fines were received, the focus is on how many fines were received, with leading brokerages receiving a high number of fines, mostly from investment banks.
① In the year when Andak Technology, sponsored by Citic Securities, went public, the non-deductible loss was 0.634 billion yuan, and Hengyi Petrochemical's convertible bonds had an operating profit decrease of more than 50% in the year of issuance; ② In Bonam Precision, which terminated its IPO withdrawal, the sponsor did not execute the verification procedure properly and did not carefully check abnormal situations.
Futu Morning Post | Crazy bargain hunting? Goldman Sachs: Hedge funds are heavily buying American stocks; U.S. stocks stabilize and rebound! Nearly 80% of stocks on S&P 500 rose.
Market liquidity is flashing red lights again! The scale of the overnight reverse repurchase agreement of the Federal Reserve has reached a three-year low for several days; Goldman Sachs CEO: The US economy is resilient and the Federal Reserve is unlikely to act prematurely.