News

Shanghai Metals Market7m
Wingtech Technologies' Net Profit Surged Over 80% YoY in Q1, Divests Integrated Business; Wingtech Convertible Bonds Close Slightly Higher Today
According to the Q1 2025 report, Wingtech Technologies achieved operating revenue of RMB 13.099 billion in Q1, with a net profit attributable to shareholders of publicly listed firms of RMB 261 ...
Shanghai Metals Market15m
Decline in unit selling price + increase in costs such as tariffs, Canadian Solar's revenue and net profit both declined in Q1
According to the annual report, Canadian Solar's net cash flow from operating activities was 2.43 billion yuan, down 70.49% from the same period last year. This was mainly due to a decrease in the ...
Shanghai Metals Market24m
Frequent tariff news, coupled with a decline in copper inventories, helps drive up prices [[SMM Morning Comment on Copper]]
News: Overnight, LME copper opened at $9,374/mt, fluctuated considerably in early trading to hit a low of $9,358/mt during the session, then fluctuated upward towards the end of the session to reach a ...
Shanghai Metals Market15m
Orders on Hand Exceed 3.3 Billion; Jinbei Electric Wire & Cable Increases Capacity of New Energy Magnet Wire
Jinbei Electric (002533.SZ) released its Q1 2025 report, revealing that the company achieved operating revenue of RMB 4.097 billion in Q1, up 16.32% YoY, and net profit attributable to shareholders of ...
Shanghai Metals Market20m
Market news: Sony considers spinning off semiconductor business for independent listing as early as this year
According to media reports, Sony Group is considering spinning off its semiconductor business. This would be the latest move by the company to streamline its operations and unlock asset value.
Shanghai Metals Market24m
Key Points from Securities Firms' Morning Meetings: Optimistic About Investment Opportunities in the Commercial Real Estate Sector in 2025
Huatai Securities: Optimistic about investment opportunities in the commercial real estate sector in 2025 ...
Shanghai Metals Market22m
US dollar declines, metals generally rise; LME lead, NYMEX gold and SHFE gold rise over 1%; ferrous metals series in the doldrums [[Overnight market]]
Most metals in the ferrous metals series declined, with iron ore being the sole riser, increasing by 0.57%. HRC fell by 0.55%. In the coking coal and coke sector, coking coal fell by 1.57%, and coke ...
Shanghai Metals Market18m
"White Hydrogen" Boom: A New Investment Opportunity for Rio Tinto, BP, and Bill Gates
In recent years, investor interest in the emerging natural hydrogen industry has surged. Over the past year, several major companies have begun to support the sector, including mining giant Rio Tinto, ...
Shanghai Metals Market34m
US Stock Market Close: Three Major Indices Mixed in Change, Investors Focus on Tech Stocks' Earnings Reports
Most US sector ETFs rose, with the Biotechnology Index ETF gaining 1.14%, the Global Airlines ETF up 0.97%, the Energy ETF rising 0.7%, the Regional Banks ETF up 0.59%, the Banking ETF gaining 0.54%, ...
Shanghai Metals Market28m
Nationwide Blackouts in Spain and Portugal, Chinese Power Equipment Expected to Accelerate Going Global
A large-scale power outage occurred in parts of Spain, Portugal, and southern France on April 28 local time, affecting millions of people. Europe is facing congestion challenges caused by aging power ...
Shanghai Metals Market18h
Western Mining Co., Ltd.: Q1 net profit up 9.61% YoY, with production of copper, lead, and zinc ores increasing both YoY and QoQ
Western Mining Co., Ltd.'s Q1 2025 report showed that from January to March 2025, the company achieved operating revenue of ...
Shanghai Metals Market17h
Tin Industry Co., Ltd.: Prices of Main Products Including Tin, Copper, and Zinc Rose YoY, with Net Profit for Q1 Up 53.08% YoY
The Q1 2025 report of Yunnan Tin Co., Ltd. indicated that during the reporting period, the market prices of the company's ...