Kweichow Moutai Co.Ltd(600519) you can’t do it!
In the morning trading on the 8th, under the favorable conditions of Kweichow Moutai Co.Ltd(600519) release, the A-share and Hong Kong stock markets attracted a small amount of money. After a brief rise, they were quickly knocked down by short sellers. Hang Seng technology index rose from nearly 1% to nearly 2%; A shares are also miserable. As of the noon closing, the major indexes fell by about 2%, continuing to hit a new low.
More than 4300 stocks in the two cities fell and less than 400 rose.
Let’s first take a look at the international events that affect the stock market.
Russia warning:
if Western countries refuse to import Russian oil
oil price will soar above $300
At the end of the third round of Russia Ukraine negotiations, although there was no substantive progress, the Russian army announced that it would enter a state of silence from 10:00 Moscow time on March 8, 2022, and provided humanitarian corridors to Kiev, Kharkov, Chernigov, sume, Mariupol and other cities to help local civilians evacuate, Some evacuation routes need to be further negotiated with Ukraine.
Affected by this news, the international gold price and oil price fell rapidly one after another. The London gold fell below US $2000, and the NYMEX crude oil fell from a daily high of US $120 to around us $118.
Affected by the sharp fluctuations in the gold and crude oil markets, the gold jewelry and oil and gas sectors that had risen sharply in the morning of the 8th fell one after another.
However, the situation soon changed. At about 10 a.m. Beijing time on the 8th, Russian Deputy Prime Minister Novak warned that if Western countries banned oil imports from Russia, the oil price might rise to more than $300 a barrel, and Russia might retaliate by stopping the natural gas transmission of “Beixi 1”.
“It is clear that rejecting Russian oil will have disastrous consequences for the global market and harm the interests of consumers,” Novak said in a video statement broadcast on state television
“The surge in oil prices will be unpredictable. If not too high, it will reach $300 a barrel.”
Novak said that it will take Europe more than a year to replace Russian oil, and it will have to pay a much higher price than Russian oil.
Novak said that Russia’s oil exports can shift from the European market to other markets, for which Russia has made all preparations. In addition, the failure of European energy policy will lead to soaring oil and gas prices, which has nothing to do with Russia. Russia has fully fulfilled its obligations to supply natural gas, oil and petroleum products to Europe.
“European politicians need to be honest about what will happen to their citizens and consumers. If you really want to reject Russia’s energy supply, do it, and we’re ready,” Novak said
Novak warned that due to the sanctions on the “Beixi 2” project, Russia also has the right to stop transporting natural gas through the “Beixi 1” transmission pipeline, but Russia did not do so. However, the statements and accusations made by European politicians against Russia pushed us to that step.
Affected by this news, the international crude oil price soared, breaking through $120 at one fell swoop and reaching $130.
video sent by the president of Ukraine
said he was still in Kiev
According to CNN on March 8, on the evening of March 7 local time, Ukrainian President Zelensky released a video in his office in Kiev. This is the first time Zelensky has appeared in his office since the beginning of the Russian Ukrainian conflict on February 24.
At the beginning of the video, Zelinski also photographed the scenery of Kiev at night, and then entered the office to start video recording.
ZELINSKY photographed the scenery of Kiev. Source: ins
Zelensky delivered a speech for nearly nine minutes and mentioned in the video that the two sides reached an agreement on the establishment of humanitarian channels in the second round of Ukrainian Russian negotiations held on March 3. However, due to the continuous conflict between Russia and Ukraine, Zelinski said he “doubts” whether the humanitarian corridor works.
At the end of the video, Zelinski said: “I’m in Kiev’s office. I don’t escape, and I won’t be afraid of anyone.”
Zelinski posted the video in his office in Kiev. Source: ins
The second round of negotiations between Russia and Ukraine was held in Belarus on the 3rd. The two sides reached an understanding on the establishment of humanitarian channels.
Slotsky, Russian negotiator and chairman of the International Affairs Committee of the State Duma, said after the negotiations on the 7th that the fourth round of Russia Ukraine negotiations will soon be held in Belarus.
Earlier on the 8th, according to Japan’s Jiji news agency, relevant sources of British intelligence agencies revealed that the mixed special team composed of intelligence agencies and the military of Britain and the United States had been sent to Ukraine to prepare to withdraw Ukrainian President Zelensky from Kiev, “and the plan can be implemented at any time”. The report also said that at present, the British Army special air service (SAS) is helping to protect Zelensky.
The report quoted relevant people from the British intelligence agency as saying that the mixed special team arrived in Ukraine last year and completed the formulation of the basic plan in December.
The content of the plan is to evacuate the high-level leaders of Zelensky and Ukraine’s supreme Rada to NATO member countries and establish an exile government. Sweden, a non NATO member country, is also one of the candidates.
The report also said that, depending on the situation, withdrawing Zelensky to western Ukraine, which is not controlled by the Russian army, is also one of the options.
Shanghai nickel trading limit again
multiple nickel concept stocks trading limit
On the morning of August 8, the hot word “counting in the East and counting in the west” of the two sessions once again brought fire to relevant concept stocks. Only the eastern and Western computing and wechat applet sectors rose, while the rest fell across the board.
Yesterday’s active three child related sectors failed to continue to rise, with lithium mining, salt lake lithium extraction, oil and gas exploitation, agriculture and other sectors leading the decline.
However, stocks related to the nickel concept were among the top gainers.
Pengxin International Mining Co.Ltd(600490) limit. Previously, Pengxin International Mining Co.Ltd(600490) said that the wholly-owned subsidiary of the company participated in the subscription of shares of clean TEQ company in 2017. The company owns a large high-grade nickel cobalt scandium deposit in New South Wales, Australia, and has a patented technology of resin adsorption ion exchange leaching.
Qingdao Zhongzi Zhongcheng Group Co.Ltd(300208) although the closure failed, it still rose by more than 12%.
It is understood that Qingdao Zhongzi Zhongcheng Group Co.Ltd(300208) currently holds about 2014 hectares of Madani nickel mine and 1963 hectares of BMU nickel mine in Sulawesi province, Indonesia (the company holds a total equity of bmu80%). The company has obtained the exploration right and mining right of the above minerals. In addition, the company also owns two subsidiaries in Indonesia, Hengshun Indonesia sudao nickel Mining Co., Ltd. and Hengshun Indonesia Sino Suriname nickel Mining Co., Ltd., with shareholding ratios of 95% and 80% respectively.
However, the person in charge of Qingdao Zhongzi Zhongcheng Group Co.Ltd(300208) said yesterday that up to now, the company’s nickel ore overseas has not been mined and sold.
In terms of news, on March 7, LME nickel futures prices on the London Metal Exchange hit a record high, rising 90.13% to US $55000 / ton, and closing down to US $50300 / ton, up 73.93%.
The one-day increase of the futures is rare in history. The previous one-day maximum increase was no more than 20%.
China’s nickel price has changed in advance. Shanghai nickel rose the limit on the one-stop board yesterday and again today. The latest quotation is 228800 yuan / ton, which has increased by 50.95% since the beginning of the year.
It is understood that the rise in nickel prices may be affected by geopolitical factors. Russia is the third largest nickel producer in the world, accounting for about 9-11% of the global nickel supply. In addition, high nickel batteries are gradually becoming an important development direction of ternary lithium batteries. With the continuous release of the production capacity of new energy vehicles, the demand for power batteries also continues to be strong, and the nickel inventory has continued to decline since last year.
heavy rumored raid
100 billion cobalt industry leader’s sudden collapse and falling limit
On March 8, Zhejiang Huayou Cobalt Co.Ltd(603799) opened at 116.0 yuan. As of 09:47, the stock fell 10% to 101.25 yuan, closing the limit. As of noon closing, Zhejiang Huayou Cobalt Co.Ltd(603799) was still sealed on the limit by 52000 selling orders.
In terms of news, recently, it is rumored that Castle Peak Group, which signed a supply contract with Zhejiang Huayou Cobalt Co.Ltd(603799) Zhejiang Huayou Cobalt Co.Ltd(603799) , broke its position due to holding an empty order for nickel.
According to an article reprinted by Sina Bloomberg, according to a person familiar with the matter, Castle Peak Group has established short positions since last year, in part because it wants to hedge production growth and believes that the rising momentum of nickel prices will subside. The production cost of Castle Peak in Indonesia is less than US $10000 per ton, while the benchmark price of LME is more than US $23000
On the contrary, the nickel price soared by nearly 90% yesterday. Coupled with the previous increase, it is unclear how much risk the nickel price rise will have on the position of Qingshan Holding Group Co., Ltd. However, if the rally continues, the company’s short position may offset part of its production profit. Aoyama declined to comment in repeated requests for comment.
It is worth noting that according to the news on March 8 of our stainless steel network, Wuxi Stainless Steel Electronic Trading Center Co., Ltd. issued a notice on the suspension of nickel Trading: the trading of all bill of lading sales agreements of nickel varieties will be suspended from Tuesday, March 8, 2022, and the resumption time will be notified separately; Since the settlement on Tuesday, March 8, 2022, the deposit of all bill of lading sales agreements of nickel varieties will be adjusted to 20%. Before that, all dealers holding the bill of lading sales agreements of nickel varieties will be limited to the deposit.
