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04/12/2025
Lithium carbonate continuous main contract fell 2% intraday, now reported at 93000.00 yuan.
Latest
1 m ago
The relief supplies provided by central coordination provide important support for Hong Kong rescue operations.
2 m ago
CMB: Considers Weichai Power (02338.HK) as one of the preferred industrial stocks for next year, expected to have potential for revaluation, target price of HK$31.
2 m ago
Hong Kong stocks surge | Chip stocks lead gains Hua Hong Semiconductor (01347.HK) rose over 4% intraday and SMIC (00981.HK) rose nearly 3%
3 m ago
Optus: Confirm no reports of emergency call failure for "000".
3 m ago
HSBC Research indicated that due to the unfavorable product mix of Ideal Auto (LI.O), the company's automotive gross profit for the fourth quarter is expected to decline on a quarterly basis and it is estimated that the fourth quarter will be close to breakeven. As for next year's outlook, HSBC Research believes that the short-term headwinds have largely been reflected in the stock price, but visibility for next year remains limited. Due to intense competition, the company's earnings forecast for this year has been lowered to 0.921 billion RMB, and the earnings forecast for 2026 to 2027 has been reduced by 38% and 31% respectively. Therefore, the rating for Ideal has been downgraded from buy to hold, with the target price for the US stock lowered from $30.3 to $18.6, and the target price for the Hong Kong stock lowered from 118 Hong Kong dollars to 83 Hong Kong dollars.
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