Jinshi Resources: It is planned to set up a subsidiary in Mongolia and invest in the construction of fluorite concentrator project. Jinshi Resources announced that it plans to set up a wholly-owned subsidiary "Lacwest FILLC" in Mongolia through its holding subsidiary Zhejiang Huameng Holdings Co., Ltd. to implement the construction of a fluorite concentrator project with a capacity of 1,500 tons/day. The total investment of this project is RMB 173 million.Guangdong Pearl: The controlling shareholder intends to transfer 5.04% of the company's shares by agreement, with a total transfer price of 158 million yuan. The controlling shareholder Shenzhen Jinxin 'an and Yinguoda Shenghui Strategy No.1 Private Equity Investment Fund signed the Share Transfer Agreement, and Shenzhen Jinxin 'an intends to transfer its 35 million unrestricted shares (accounting for 5.04% of the company's total share capital) to Yinguoda Shenghui Strategy No.1 Private Equity Investment Fund by agreement transfer, with equity transfer price as 4.5 yuan. This change in equity will not change the controlling shareholder and actual controller of the company.Market news: the largest political group in the European Union is pushing to weaken the ban on internal combustion engines.
China's annual export rate in November was 5.8%, the previous value was 11.20%. China's annual import rate in November was -4.7%, while the previous value was -3.70%.Fidelity International: There is room for substantial increase in US Treasury bonds. Fidelity International believes that the US economy is unlikely to maintain its current growth rate. If it slows down, it may stimulate a substantial increase in the US Treasury bond market. "I don't believe that there is a miracle of productivity growth in the United States, which will grow at a rate of 3% forever," said Mike Riddell, a senior portfolio manager of the company, who attributed the outstanding performance of the economy to fiscal stimulus. "We thought it would slow down earlier. If we do start to see disappointing economic growth in the United States, it may open the way for a substantial increase in bonds. "Daiwa Capital Markets: The price of lithium may fall further in the first half of 2025. Daiwa Capital Markets said in a research report to customers that the global lithium supply is expected to increase by 12-28% in 2025-2026, which is due to the increase in production in major regions such as Argentina, Australia and Africa. However, the team warned that lithium prices may still be under pressure due to oversupply. At present, the price of LCE (lithium carbonate equivalent) in China is about 78,000 yuan/ton, but Yamato predicts that the price of LCE will be reduced to 75,000 yuan/ton by 2025 due to the increase in the output of low-cost mines. Yamato said: "The current price of lithium is not enough to prevent low-cost mines from increasing production." The demand for lithium, especially for electric vehicles (EV) and energy storage systems (ESS), is expected to slow down. Yamato believes that the slowdown in demand growth, coupled with the increase in supply, indicates that lithium prices may be difficult to maintain their recent highs.
China's trade account in November was 692.8 billion yuan, with the previous value of 679.1 billion yuan.The net outflow of the main market exceeded 10 billion.Qatar Foreign Ministry spokesman: We are witnessing a historic moment in the region, which is the light of hope for the Syrian people to realize their ambitions.