20
Jan
13:42
Yongxing's stock falls despite rising net profit
Shenzhen-listed A-share company Yongxing Special Materials Technology (Yongxing) expects an over 230% increase in its 2021 net profit. However, its stock has been falling for two days following its estimated disclosure, Kallanish discovers.
In its report released on 18 January, Yongxing credits increasing downstream demand from new energy vehicles and energy storage, which triggered the surge in lithium carbonate prices, especially during the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous