News

Shanghai Metals Market1h
Just now, it surged by 374%, triggering multiple circuit breakers! Chinese assets experienced a major breakout.
The Nasdaq Golden Dragon China Index surged over 5% at the opening, the 2x leveraged China stock ETF rose over 8%, the 3x ...
Shanghai Metals Market1h
Beijing Ke Rui: The total amount of the company's winning bids and pre-winning bids is approximately 80.288 million yuan.
Beijing Ke Rui announced that the company has been selected as the bid winner for the 2025 first batch of distribution network material agreement inventory tender procurement project of State Grid ...
Shanghai Metals Market1h
Liang Wang from Ganfeng LiEnergy Discusses: Analysis of the Development Status and Trends of Industrial and Commercial ESS [New Energy Summit]
New Energy Industry Expo - New Energy PV ESS Forum hosted by SMM Information & Technology Co., Ltd., Liang Wang, R&D Director of Ganfeng LiEnergy (Dongguan) Technology Co., Ltd., shared insights on ...
Shanghai Metals Market1h
On April 15, the central parity rate of the RMB in the interbank foreign exchange market was 7.2096 yuan per US dollar.
Announcement of the Central Parity Rate of the RMB Exchange Rate Authorized by the China Foreign Exchange Trade System on April 15, 2025 ...
Shanghai Metals Market2h
China's export volume in March increased by 13.5% YoY, with home appliances and auto parts accelerating their global expansion.
The General Administration of Customs of China released the import and export data of goods trade for March this year today. The data showed that in Q1, China's goods trade import and export reached ...
Shanghai Metals Market1h
Inventory Buildup and Off-Season Consumption Drag, Focus on the Integer Pressure Above Lead Prices [Institutional Commentary]
Used battery prices rose slightly, and losses at secondary lead smelters widened, with some cutting or halting production, providing support for lead prices. However, as the monthly delivery ...
Shanghai Metals Market1h
Trump's Tariffs May Trigger a Credit Crisis? Goldman Sachs Raises Expectations for US Junk Bonds and Credit Defaults
Recently, strategists at Goldman Sachs raised their risk forecasts for debt defaults by US junk bond issuers and leveraged loan borrowers, citing widening credit spreads and the substantial impact of ...
Shanghai Metals Market2h
A Century-Old Japanese Bank Preemptively Sold US Treasury Bonds to Avoid the Market Earthquake Triggered by Trump.
Japan's century-old Norinchukin Bank sold a large amount of US and European government bonds to cover previous losses, which also helped it avoid the market turmoil triggered by Trump's policies this ...
Shanghai Metals Market2h
"Strong Production and Sales" CATL's Q1 Net Profit Reached Approximately 14 Billion Yuan, Up Over 30% YoY
Leading battery manufacturer CATL (300750.SZ) maintained strong growth in Q1 this year, with net profit up over 30% YoY despite a slight increase in revenue. According to information obtained by ...
Shanghai Metals Market1h
April 15 Lithium Battery News: Trump hinted at the possibility of granting a temporary tariff exemption for imported cars and parts.
Home / Metal News / April 15 Lithium Battery News: Trump hinted at the possibility of granting a temporary tariff exemption for imported cars and parts. For more information on how to access our ...
Shanghai Metals Market1h
Macro Sentiment Tends to Ease, Domestic Inventory Continues to Decline, Supporting Aluminum Prices [SMM Aluminum Morning Meeting Summary]
Short-term Easing of International Trade Frictions, Short-term Bullish Factors Dominate】On the macro front, the US dollar index hovered around the 100 mark on Monday, eventually closing at 99.7, down ...
Shanghai Metals Market1h
Social Inventory Slightly Increased, Zinc Premium and Price Spread Between Futures Contracts Converged [Institutional Commentary]
The weighted open interest of SHFE zinc fluctuated around 216,000 lots. The stabilization and rebound of zinc prices have suppressed downstream purchases, and inventory increased slightly. The zinc ...