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suddenly pulled up, this sector exploded

2024-09-11

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hello everyone! let's pay attention to the market conditions and latest information in the morning~

on the morning of september 11, the major a-share indices showed obvious differentiation, with the chinext index being the first to turn positive. as of press time, it had risen by more than 1%.

on the market, dividend assets were sluggish in the morning, with sectors such as oil and gas, coal, electronics, and banks falling; new energy was active overall, with lithium mines, solid-state batteries, and photovoltaics soaring.

in addition, stocks that were high in the early morning continued to fall, with many stocks such as volkswagen transportation, rifa precision machinery, and koson technology hitting their limit down.

hong kong stocks opened lower in the morning. as of press time, the hang seng technology index narrowed its losses. the "three oil companies" led the decline.

lithium mining sectors collectively rose

on the morning of september 11, the lithium mining sector surged sharply, with solid-state batteries, lithium iron carbonate batteries, power batteries and other concepts leading the gains.

in terms of individual stocks, tianqi lithium hit the daily limit, and its total market value rose to 45 billion yuan; weiling co., ltd., yongshan lithium co., ltd., and jinyuan co., ltd. hit the daily limit, and ganfeng lithium co., ltd., tianhua new energy, and rongjie co., ltd. were among the top gainers.

the hong kong stock market's lithium battery sector also rose simultaneously, with hong kong-listed tianqi lithium rising more than 13% during the session and hong kong-listed ganfeng lithium rising more than 10% during the session.

it is reported that tianqi lithium recently stated on an interactive platform that the company has completed the relevant support work for the industrialization of lithium sulfide, a key raw material for the next generation of solid-state batteries, and has conducted proofing with more than ten downstream customers, and continued to carry out product quality improvement and cost reduction technology optimization.

in addition, the main contract of lithium carbonate in the guangzhou futures exchange has continued to increase recently. guotai junan research report stated that the release of new project capacity has been temporarily suspended, and the lithium sector is expected to enter an upward cycle as early as 2026. overall, the current supply side has shown signs of contraction, and the capital expenditure of the lithium mining industry has declined significantly, which is expected to suppress the new supply in the next 2-3 years.

concepts of soe reform diverge

hainan haiyao's stock price rose for four consecutive days

on september 11, a-share soe reform stocks fell in early trading. shanghai jiubai and changchun yidong, which had been trading on the daily limit for three consecutive days, both fell to the daily limit and remained at the daily limit as of press time.

in addition, cuiwei shares and shenzhen seg group repeatedly hit the limit down during the trading session, and many stocks such as baobian electric, huasheng shares, and shanghai material trade fell significantly.

in the morning, the concept of state-owned enterprise reform was differentiated. jinguan shares rose by 20cm, hainan haiyao rose for four consecutive days, and hongye futures and huayang new materials rose by the daily limit.

on september 10, he qing, party secretary and director of shanghai sasac, published an article titled "focus on core competitiveness and deepen the reform of state-owned assets and state-owned enterprises" in jiefang daily. it mentioned that the "three measures" should be strengthened, namely strategic restructuring, professional integration, and coordinated development. state-owned capital should be allocated in a larger scope, deeper level, and wider field, cross-group and cross-level strategic restructuring should be promoted, some enterprises should be "slimmed down and strengthened", a number of leading enterprises and chain-leading enterprises should be created, and competitive advantages should be enhanced.

announcement of cross-border acquisition plan

shuangcheng pharmaceuticals hits daily limit

on the morning of september 11, shuangcheng pharmaceuticals’ stock price rose to the daily limit after resuming trading, with the stock price at 5.74 yuan per share, an increase of 9.96%. as of press time, shuangcheng pharmaceuticals’ buy orders exceeded 1.29 million lots.

on the evening of september 10, shuangcheng pharmaceutical disclosed a restructuring plan, stating that it intends to purchase 100% of aola shares held by 25 counterparties including aola investment and winaiming through the issuance of shares and payment of cash, and to raise matching funds from no more than 35 specific investors.

aola shares are mainly engaged in the research and development, design and sales of analog chips and mixed analog chips. its main products include clock chips, power management chips, sensor chips, radio frequency chips, etc. shuangcheng pharmaceutical said that after the completion of this transaction, the company will shift its development focus to the research and development, design and sales of analog chips and mixed analog chips in the semiconductor industry, and divest pharmaceutical-related assets at an appropriate time in the future.