[Know early] Ministry of Commerce: Export management will be adjusted in a timely manner based on changes in domestic and foreign helium supply and demand; the three major U.S. stock indexes collectively closed down, and SK Hynix fell more than 13%
Overnight on July 16, local time, the three major U.S. stock indexes collectively closed down. The Dow fell 0.2%, the Nasdaq fell 1.47%, and the S&P 500 fell 0.51%. Most large technology stocks fell. Google fell more than 4%, SpaceX fell more than 3%, Nvidia and Meta fell more than 2%, Amazon fell nearly 2%, and Tesla fell slightly; Apple and Microsoft rose more than 1%. Storage concept stocks fell sharply, with SK Hynix falling by more than 13%, SanDisk falling by more than 12%, Seagate Technology falling by 10%, Western Digital falling by more than 9%, and Micron Technology falling by more than 5%.
On July 16, local time, the three major U.S. stock indexes collectively closed down. The Dow fell 0.2%, the Nasdaq fell 1.47%, and the S&P 500 fell 0.51%. Most large technology stocks fell. Google fell more than 4%, SpaceX fell more than 3%, Nvidia and Meta fell more than 2%, Amazon fell nearly 2%, and Tesla fell slightly; Apple and Microsoft rose more than 1%. Storage concept stocks fell sharply, with SK Hynix falling by more than 13%, SanDisk falling by more than 12%, Seagate Technology falling by 10%, Western Digital falling by more than 9%, and Micron Technology falling by more than 5%. ① US military attack on Iran has caused many casualties ② The United States was exposed to have spent as much as $100 billion on the war with Iraq. ③Iran said it shot down a US military MQ-9 drone ④Data shows that shipping activity in the Strait of Hormuz continues to be sluggish 2. Changxin Technology: The final winning rate for online issuance is 0.47141739% Changxin Technology announced on July 16 that after the over-allotment option and the online and offline clawback mechanism were activated, the final number of offline issuances was 2,173,133,388 shares, accounting for approximately 36.07% of the number of shares issued after the over-allotment option was fully exercised after deducting the final strategic allotment quantity, and approximately 36.07% of the over-allotment option. 28.25% of the number issued after full exercise; the final number of shares issued online was 3,851,103,500 shares, accounting for approximately 63.93% of the number issued after deducting the final strategic allotment quantity after the over-allotment option was fully exercised, and approximately 50.07% of the number issued after the over-allotment option was fully exercised. After the clawback mechanism was activated, the final winning rate for online issuance was 0.47141739%. 1. Rising costs coupled with significant growth in demand led to the leading lithium iron phosphate leader announcing a price increase Prices of upstream raw materials such as sulfur and ferrous sulfate have generally risen, coupled with significant growth in downstream demand, the domestic lithium iron phosphate market has been in short supply. Recently, Hunan Yuneng, a major domestic supplier of lithium-ion battery cathode materials, announced a price adjustment plan to increase the price of all lithium iron phosphate products by 2,000 yuan per ton based on the existing execution price. The new regulations will officially take effect on August 1 this year. Analysts pointed out that this price adjustment reflects the current deep-seated contradiction in the lithium iron phosphate industry, that is, the overall rise in upstream costs coexists with the rigid growth of downstream demand. The industry is in a critical cycle of switching from overcapacity to a tight balance between supply and demand. 2. CATL and Alfen signed a large order for sodium electric energy storage industry chain to welcome development opportunities Recently, CATL signed a memorandum of understanding with Alfen N.V., Europe's leading new energy integrator. The two parties plan to deploy 5GWh of Tianheng sodium energy storage systems in the Netherlands and other Western European countries starting from 2027. Through this cooperation, CATL will accumulate localized experience in the application of sodium power technology in European power grids, improve the compatibility of its products with local power grid standards, and promote the large-scale popularization of sodium power energy storage in Europe. Galaxy Securities believes that as the industry leader achieves mass production of sodium-ion batteries, it will have a clear pulling effect on the entire industry chain. In terms of power, sodium electricity has solved the difficulty of electrification "going north", and the volume of mid-to-low-end power can be expected; in terms of energy storage, sodium electricity has the three major advantages of wide temperature range, high safety, and high discharge power, and is expected to be expanded on a large scale; in the field of two-wheelers, sodium electricity is expected to achieve large-scale replacement of lead-acid batteries by virtue of its comprehensive comparative advantages of low cost and high performance. (