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Hong Kong stock market anomaly | Non-ferrous stocks continue to decline, the significant strengthening of the US dollar puts pressure on non-ferrous industrial metals, the consumer boom season slightly lacks momentum.
Non-ferrous stocks continue to decline. As of the time of publication, Aluminum Corporation of China (02600) fell by 8.01%, closing at 5.05 Hong Kong dollars; JL MAG Rare-Earth (06680) fell by 7.72%, closing at 9.09 Hong Kong dollars; CMOC Group Limited (03993) fell by 6.54%, closing at 6.14 Hong Kong dollars.
This week, Hong Kong stocks' star stocks | Expectations of top brokerages merging are hyped! A-share trading is hot! China-affiliated brokerage stocks collectively soaring; shanghai electric group skyrocketed by 62% in one week, officially announcing merg
This week, the Hong Kong stock market ended four consecutive weeks of decline, with daily levels still fluctuating. The Hang Seng Index rose by 1.08% to 20,728.19 points; during the same period, the Hang Seng Tech Index rose by 4.11% to 4,668.26 points; the Hang Seng China Enterprises Index rose by 1.62% to 7,461.44 points.
Rare earth industry welcomes a turning point in the cycle: who will benefit the most from the anticipated price increase?
"Myanmar rare earth closing" and "Trump elected as president of the usa", these two unstable factors will lead to a huge challenge for the global rare earth supply.
This Insider Has Just Sold Shares In JL Mag Rare-Earth
jl mag rare-earth (300748.SZ): In the first three quarters of 2024, the company's production capacity utilization rate exceeded 90%, and the production and sales volume of high-performance magnetic materials products increased by approximately 40% year-on
Gelonghui November 8th - jl mag rare-earth (300748.SZ) stated on the investor interaction platform that the company's annual production of neodymium-iron-boron magnetic steel in 2023 was 0.0152 million tons. In the first three quarters of 2024, the company's capacity utilization rate exceeded 90%, with a year-on-year increase of approximately 40% in the production and sales volume of high-performance magnetic materials. In addition, the company's new projects are gradually progressing, with the Baotou Phase II project with an annual capacity of 12,000 tons, the Ningbo project with an annual capacity of 3,000 tons of high-end magnetic materials and 0.1 billion sets of components, and the Ganzhou project for a high-efficiency energy-saving electric machine magnetic material base being constructed as planned. The company plans to complete the construction by 2025 with a capacity of 400
Jl mag rare-earth (300748.SZ): its products are widely used in new energy autos, autos, auto parts, rail transportation and other fields
Gelonghui November 8th | JL Mag Rare-Earth (300748.SZ) stated on the investor interaction platform that the company's products are widely used in new energy autos and auto parts, energy-saving frequency conversion air conditioners, wind power generation, 3C, robots and industrial servo motors, energy-saving elevators, rail transit and other fields. Taking new energy autos and auto parts, and energy-saving frequency conversion air conditioners as examples, in the first half of 2024, the company's revenue in the field of new energy autos and auto parts reached 1.593 billion yuan. The company's new energy auto drive motor steel products can be assembled in approximately 2.45 million new energy passenger vehicles, based on data released by the China Association of Automobile Manufacturers.
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