Market NewsDaily bull stock tracking | 4 Hong Kong stocks hit record highs. Yanzhou Mining Energy (01171) rose 2.55%, or 183.57% in the past year.As of August 12, four Hong Kong stocks reached record highs, namely Yanzhou Mining Energy (01171), Xinhe Real Estate (00083), Tianqi Lithium (09696) and Central Holdings (01735). (note: statistics on the market capitalization of Hong Kong stock market & HK $10 billion for gt;, HK $10 million for gt;, listing time & stocks for gt;1 months)
Yanzhou Mining Energy (01171) reached an all-time high of HK $28.60 in intraday trading, up 183.57% in the past year. The stock closed up 2.55% at HK $28.15. Coke prices began to rise in the first round after five rounds of increases. August 11, as the mainstream steel mills in North and East China accepted the coke purchase price increase of 200 yuan / ton to 240 yuan / ton, the coke first round increase was fully implemented, with the steel market picking up. The production capacity of coke enterprises has increased recently, and although coke prices have started the first round of increases, people in the industry believe that "continuous increases in the later stage are unlikely."
Sino property (00083) reached an intraday high of HK $11.92, a 52-week high. The stock closed up 1.36% at HK $11.92.
Tianqi Lithium Industry (09696) reached an all-time high of HK $88.75 in intraday trading. The stock closed down 0.35% at HK $85.25. Citic Securities pointed out that Australian lithium concentrate production increased significantly in the second quarter of 2022. However, disturbing factors such as ore grade decline and labor shortage still exist. Since July, the price of Australian lithium concentrate has risen to US $7000 / ton, leading to a rapid rise in domestic lithium production costs, supported by costs. The certainty of the rise in lithium prices in the second half of the year is high.
Central Holdings (01735) reached an intraday high of HK $19.44, an all-time high, rising 266.54% in the past year. The stock closed down 1.14% at HK $19.06. recently, Central Holdings, United Fengtai County people's Government, Jiangsu Zhongqing and other participants signed a framework agreement to jointly invest in the construction of a new energy photovoltaic industrial base project. And to carry out the production and supply of 10GW's high-efficiency N-type batteries and 10GW's advanced components. Previously, China Central Holdings stressed in its annual report outlook that the company seeks business opportunities for green buildings and green new energy, while investing in high-growth industries such as metacosmos online games and photovoltaic in order to achieve higher returns for shareholders.
USMART smart writer's information and data come from public media reports, smart writer can not guarantee its complete accuracy, the content is for reference only, does not constitute investment advice.
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