[SMM afternoon News] the rate cut is still the first choice for monetary policy tools * Nornickel will invest $1.4 billion in two major projects over four years.-Shanghai Metals Market

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[SMM afternoon News] the rate cut is still the first choice for monetary policy tools * Nornickel will invest $1.4 billion in two major projects over four years.

Translation 11:54:24AM Mar 29, 2019 Source:Shanghai Nonferrous Metals Network

Metal news

Terminal news

[the risk of "Brexit" led to a sharp decline in car production in the UK in February. UK car production fell to 123200 vehicles in February, down 15.3 per cent from a year earlier, according to figures released by the Association of British Automobile Manufacturers and Dealers on the 28th. The head of the association believes that the uncertainty of "Brexit" has had a serious impact. "View detail

[at present, the development of electric vehicles is still in the growth period] the new energy vehicles represented by electric vehicles are developing rapidly. Wen Yuan Zhixing WeRideCEO and co-founder Han Xu believes that the development of electric vehicles has an accelerated process, and is optimistic about its development: "New energy is clean and efficient, which is good for the whole planet and mankind." "View detail

[there can't be too much "uncertainty" in the development of hydrogen vehicles] recently, there has been a marked increase in the heat of attention in the automotive field to hydrogen fuel cell vehicles. This is mainly due to a change in this year's government work report. On 15 March, the Information Office of the State Council interpreted 83 revisions to the government work report, of which 27 were after "continuing to implement the preferential policy for the purchase of new energy vehicles." Supplement "promote the construction of charging, hydrogenation and other facilities." It is widely believed that this is the first time that hydrogen energy has been included in the government work report, which means that China will take new steps in the development of hydrogen energy and hydrogen fuel cell vehicles. "View detail

[national Development and Reform Commission: the price of domestic oil products has been reduced accordingly as a result of the adjustment of the value-added tax rate] on 20 March, the Ministry of Finance, the General Administration of Taxation, and the General Administration of Customs jointly issued the notice on deepening the Reform of value-added tax. It was decided to reduce the value-added tax rate in some industries with effect from April 1. According to the announcement, the value-added tax rate on refined oil products was reduced from 16% to 13%. Accordingly, the highest retail prices of gasoline and diesel oil in China have been reduced by 225 yuan and 200 yuan per ton respectively, with effect from 24:00 on March 31, 2019. "View detail

Related news

[Tianqi lithium industry's net profit in 2018 increased by 2.57% compared with the same period last year.] Tianqi lithium industry disclosed its annual report on the evening of March 28. The company achieved operating income of more than 6.2 billion yuan in 2018, an increase of 14.16 percent over the same period last year; net profit attributable to shareholders of listed companies totaled more than 2.2 billion yuan, an increase of 2.57 percent over the same period last year; and basic earnings per share were 1.93 yuan per share. The profit distribution plan for the year 2018 is to distribute a cash dividend of 1.80 yuan (including tax) to all shareholders on the basis of 1142052851.

[Ganfeng Lithium Industry's net profit of 1.223 billion yuan in 2018 is intended to be 10 to send 3 yuan] the company achieved business income of more than 5 billion yuan in 2018, an increase of 14.15 percent over the same period last year, and a net profit of more than 1.2 billion yuan belonging to shareholders of listed companies, down 16.73 percent from the same period last year. Basic earnings per share were 1.07 yuan per share. The company's profit distribution plan for 2018 is to distribute a cash dividend of 3 yuan (including tax) to all shareholders for every 10 shares on the basis of the total share capital on the date of registration of the shares at the time of the implementation of the annual profit distribution. "View detail

[Huawei released its 2018 annual report that mobile phone business became the group's largest source of revenue for the first time.] Huawei achieved global sales revenue of 721.2 billion yuan, an increase of 19.5 percent over the same period last year, and a net profit of 59.3 billion yuan, an increase of 25.1 percent over the same period last year. Huawei's mobile phone business has become the group's largest source of revenue for the first time. Huawei's 2018 annual report shows that the consumer business has become Huawei's largest revenue pillar for the first time, with full-year revenue of 348.9 billion yuan, an increase of 45.1% over the same period last year, accounting for 48.4% of the total revenue. "View detail

[report on the investigation of investors in the National Stock Market, "more than 70 percent of investors did not use leveraged funds to invest in stocks.] on 28 March, the reporter learned from the insurance fund company that in order to reflect the situation of investors in China's stock market, Find out the structure and behavioral characteristics of investors, September-October 2018, The insurance fund company, in conjunction with the Shanghai Stock Exchange, the Shenzhen Stock Exchange, the China Securities Registration and settlement Co., Ltd., and the China Securities Capital Market Operation Statistical Monitoring Center, The China Securities small and medium Investor Service Center jointly carried out the first "National Stock Market Investor Survey" and issued a report. According to the results of the survey, as of August 31, 2018, the number of stock investors in China reached 142 million, of which natural investors accounted for 99.77%. "View detail

[titanium industry market recovery Baoti shares net profit increased more than fivefold] benefiting from the titanium industry market recovery and product structure changes, China's titanium industry leader Baoti shares handed over a beautiful report card in 2018. According to the 2018 annual report released by Baoti shares, the company's operating income was 3.41 billion yuan, an increase of 18.56 percent over the same period last year, and the net profit attributable to the shareholders of the listed company was 141 million yuan, an increase of 556.74 percent over the same period last year. Basic earnings per share 0.3279 yuan, the company intends to send 1 yuan 10 (including tax). "View detail

Key Words:  Copper  aluminum  lead  zinc  tin  nickel 

[SMM afternoon News] the rate cut is still the first choice for monetary policy tools * Nornickel will invest $1.4 billion in two major projects over four years.

Translation 11:54:24AM Mar 29, 2019 Source:Shanghai Nonferrous Metals Network

Metal news

Terminal news

[the risk of "Brexit" led to a sharp decline in car production in the UK in February. UK car production fell to 123200 vehicles in February, down 15.3 per cent from a year earlier, according to figures released by the Association of British Automobile Manufacturers and Dealers on the 28th. The head of the association believes that the uncertainty of "Brexit" has had a serious impact. "View detail

[at present, the development of electric vehicles is still in the growth period] the new energy vehicles represented by electric vehicles are developing rapidly. Wen Yuan Zhixing WeRideCEO and co-founder Han Xu believes that the development of electric vehicles has an accelerated process, and is optimistic about its development: "New energy is clean and efficient, which is good for the whole planet and mankind." "View detail

[there can't be too much "uncertainty" in the development of hydrogen vehicles] recently, there has been a marked increase in the heat of attention in the automotive field to hydrogen fuel cell vehicles. This is mainly due to a change in this year's government work report. On 15 March, the Information Office of the State Council interpreted 83 revisions to the government work report, of which 27 were after "continuing to implement the preferential policy for the purchase of new energy vehicles." Supplement "promote the construction of charging, hydrogenation and other facilities." It is widely believed that this is the first time that hydrogen energy has been included in the government work report, which means that China will take new steps in the development of hydrogen energy and hydrogen fuel cell vehicles. "View detail

[national Development and Reform Commission: the price of domestic oil products has been reduced accordingly as a result of the adjustment of the value-added tax rate] on 20 March, the Ministry of Finance, the General Administration of Taxation, and the General Administration of Customs jointly issued the notice on deepening the Reform of value-added tax. It was decided to reduce the value-added tax rate in some industries with effect from April 1. According to the announcement, the value-added tax rate on refined oil products was reduced from 16% to 13%. Accordingly, the highest retail prices of gasoline and diesel oil in China have been reduced by 225 yuan and 200 yuan per ton respectively, with effect from 24:00 on March 31, 2019. "View detail

Related news

[Tianqi lithium industry's net profit in 2018 increased by 2.57% compared with the same period last year.] Tianqi lithium industry disclosed its annual report on the evening of March 28. The company achieved operating income of more than 6.2 billion yuan in 2018, an increase of 14.16 percent over the same period last year; net profit attributable to shareholders of listed companies totaled more than 2.2 billion yuan, an increase of 2.57 percent over the same period last year; and basic earnings per share were 1.93 yuan per share. The profit distribution plan for the year 2018 is to distribute a cash dividend of 1.80 yuan (including tax) to all shareholders on the basis of 1142052851.

[Ganfeng Lithium Industry's net profit of 1.223 billion yuan in 2018 is intended to be 10 to send 3 yuan] the company achieved business income of more than 5 billion yuan in 2018, an increase of 14.15 percent over the same period last year, and a net profit of more than 1.2 billion yuan belonging to shareholders of listed companies, down 16.73 percent from the same period last year. Basic earnings per share were 1.07 yuan per share. The company's profit distribution plan for 2018 is to distribute a cash dividend of 3 yuan (including tax) to all shareholders for every 10 shares on the basis of the total share capital on the date of registration of the shares at the time of the implementation of the annual profit distribution. "View detail

[Huawei released its 2018 annual report that mobile phone business became the group's largest source of revenue for the first time.] Huawei achieved global sales revenue of 721.2 billion yuan, an increase of 19.5 percent over the same period last year, and a net profit of 59.3 billion yuan, an increase of 25.1 percent over the same period last year. Huawei's mobile phone business has become the group's largest source of revenue for the first time. Huawei's 2018 annual report shows that the consumer business has become Huawei's largest revenue pillar for the first time, with full-year revenue of 348.9 billion yuan, an increase of 45.1% over the same period last year, accounting for 48.4% of the total revenue. "View detail

[report on the investigation of investors in the National Stock Market, "more than 70 percent of investors did not use leveraged funds to invest in stocks.] on 28 March, the reporter learned from the insurance fund company that in order to reflect the situation of investors in China's stock market, Find out the structure and behavioral characteristics of investors, September-October 2018, The insurance fund company, in conjunction with the Shanghai Stock Exchange, the Shenzhen Stock Exchange, the China Securities Registration and settlement Co., Ltd., and the China Securities Capital Market Operation Statistical Monitoring Center, The China Securities small and medium Investor Service Center jointly carried out the first "National Stock Market Investor Survey" and issued a report. According to the results of the survey, as of August 31, 2018, the number of stock investors in China reached 142 million, of which natural investors accounted for 99.77%. "View detail

[titanium industry market recovery Baoti shares net profit increased more than fivefold] benefiting from the titanium industry market recovery and product structure changes, China's titanium industry leader Baoti shares handed over a beautiful report card in 2018. According to the 2018 annual report released by Baoti shares, the company's operating income was 3.41 billion yuan, an increase of 18.56 percent over the same period last year, and the net profit attributable to the shareholders of the listed company was 141 million yuan, an increase of 556.74 percent over the same period last year. Basic earnings per share 0.3279 yuan, the company intends to send 1 yuan 10 (including tax). "View detail

Key Words:  Copper  aluminum  lead  zinc  tin  nickel