Zijin Mining Group Chairman Chen Jinghe discusses acquisition strategy. High-value projects still exist in the Industry despite high positions | Coverage of the Earnings Conference.
① Chen Jinghe believes that, despite the current high running levels in the Industry, there are still projects with good cost performance; ② Chen Jinghe explained the company's merger strategy from four aspects.
GUOSHOUYANGLAO received a penalty of 1.8 million due to issues in the elderly care insurance business. The company responded that a comprehensive and thorough rectification has been completed.
① GUOSHOUYANGLAO was fined 1.8 million yuan for three issues related to the Operation, investment, and Account management of the retirement security Business; ② As early as August 2023, GUOSHOUYANGLAO received a million yuan fine for violations in the retirement security Business; ③ GUOSHOUYANGLAO stated that a thorough rectification has been completed.
Express News | Hong Kong stocks continued to rise at the close, with the Hang Seng Index up over 1% and the tech index up nearly 2%; among the constituents of the tech index, HAIER SMARTHOME rose over 5%, Xiaomi Group rose over 4%, and Li Auto rose nearly 4%.
The signal for price increase in cloud-based services has appeared, signaling the start of an upward cycle in computing power.
With the gradual release of deep thinking models such as Deepseek R1 and openAI o1/o3, the demand for high-performance computing on the inference side is rapidly being unleashed, leading to a rapid expansion of Capex by major companies like Alibaba and Tencent, with a quarterly capital expenditure increase of over 250% in Q4 2024, marking the formal entry of the cloud upstream into a new upward cycle.
Express News | Hong Kong stocks in the Home Appliances sector rose against the trend, with HISENSE HA up over 5%, HAIER SMARTHOME up over 4%, TCL ELECTRONICS up over 3%, and Midea Group Co., Ltd up nearly 3%.
Brokerage Morning Meeting Highlights: Focus on low positions + resilience in the economic outlook during the consolidation period.
At today's Brokerage morning meeting, HTSC believes that the solidifying period should focus on low positions and resilient market directions; Everbright stated that downstream demand for organic silicon is steadily increasing, and the supply-demand pattern in the Industry is expected to improve; GTJA proposed that the enthusiasm for the Spring Sugar Hotel Exhibition has decreased, and the sales of Baijiu after the festival are stable.