Just watched the news on CCTV, the President of Mozambique is in Beijing for a summit. The President is staying in China for a full seven days, which is pretty rare. What does this indicate? It shows he really values this visit and has a lot of important matters to discuss. The news segment was quite lengthy. This president was super focused during the meeting, taking notes while listening and nodding occasionally. This detail shows he's genuinely absorbing what China is saying, not just going through the motions. The agenda is packed. Besides the meetings, he also made a special trip to Tiananmen Square to lay a wreath at the Monument to the People's Heroes. This is a sign of respect and friendship towards China. Why is this visit so crucial? Because Mozambique is a key player in Southeast Africa. It has a long coastline and rich resources. Collaboration between China and Mozambique benefits both sides. Some netizens commented that this sets a precedent for other African countries, kicking things off nicely. That's a fair point. Many African nations are watching to see what deep cooperation with China can bring. Mozambique is a living example of that. The areas of cooperation are sure to be numerous. It could involve building roads and bridges, resource development, or trade and investment. China has the technology, capital, and experience, while Africa has the market, resources, and a strong desire to develop. The two sides complement each other very well. This kind of cooperation is equal and mutually beneficial. China doesn’t play the hardball game; everything is negotiated. That's why African friends are willing to come and sit down for serious talks. In the future, more African countries might follow Mozambique's lead and come to China to discuss cooperation. This is good for Africa's development and for Sino-African friendship. The world is big, and having more friends makes the journey easier. China insists on openness and welcomes all sincere friends. Working together to improve our lives and develop is the right path. The President of Mozambique's trip wasn’t in vain. These seven days may open a new door for his country and for Sino-African relations. We’ll be watching closely.
At noon closing, let me say a few words: 1. The market opened low in the morning and fluctuated, which is a consolidation before the breakout, no need to panic. 2. Currently, both the Nasdaq and the KOSPI have reached historical highs, and the Nikkei is only 0.1% away from its historical high. The A-shares will also break through 4200 points and create a new phase high. 3. In the afternoon, the market will not fall; at worst, it will move sideways, and if things go well, it will rise directly. In the morning, the main forces were shaking out positions, mainly waiting for the results of tonight's US-Iran ceasefire agreement expiration, whether it will be talks or conflict, which will be settled tonight. The probability of the US and Iran going to war again is very low, and it is highly likely to extend the ceasefire, so there is no need to worry excessively. Many technical analysts are now suggesting to exit the market. If you believe in technicals, follow their advice. I never blindly trust technicals; I only focus on the overall trend and the movements of the main forces. The trend is upward, and the main forces have not sold off, so I firmly hold my position. In the afternoon, there are only two possibilities: either it will move sideways and rise tomorrow; or it will rise directly, with no third possibility.
May Day travel notice: Recently, there has been a wave of flight cancellations, affecting several popular international routes such as AirAsia and Cathay Pacific, disrupting many people's travel plans. The main reasons are the skyrocketing oil prices and tight supply, with the situation in the Middle East pushing up jet fuel prices, causing low-cost airlines to struggle and cut routes. Let me briefly explain your rights: 1. Cancellations due to airline reasons are the airline's responsibility; 2. You can change your flight for free without paying the fare difference; 3. If you don't go, you can get a full refund (including airport construction and fuel fees); 4. If you are not notified 48 hours in advance, you can still claim compensation, and if the platform does not refund, you can directly complain to the Civil Aviation Administration. Friends planning to travel abroad, check your flights in advance, so you don’t make a trip for nothing~#May Day flights largely cancelled#
Last night, US stocks closed, with Google, Tesla, and semiconductors leading the decline, and large tech stocks generally weakened. The sector showed clear differentiation, with a significant disparity in the rise and fall rankings, and the performance of popular theme stocks varied. Overall mapping to A-shares: Tech stocks are likely to be under pressure today, and related themes should be mindful of short-term sentiment impacts.
Last night the industry welcomed a major positive development, and energy storage directly received significant news. Tomorrow, the sector is expected to open high without much doubt! The policy clearly states the need to vigorously develop distributed photovoltaics and decentralized wind power, and to accelerate the construction of new-type power grids. The direction is very clear, and the strength is substantial. Coupled with the recent 'anti-involution' logic in the photovoltaic industry continuing to ferment, the expectations for the entire new energy sector have been raised. Will new energy become the main theme of the market again? Can it replicate the main upward trend of 2020? It is highly anticipated. Especially looking at the photovoltaic sector: currently, polysilicon futures have already begun to show strong movements, while the overall increase in photovoltaics is significantly lagging behind other new energy tracks. Lithium battery and wind power performances have already seen a bottom reversal, while photovoltaics are still in a loss phase, with valuations and positions relatively low. From this perspective, photovoltaics may very likely harbor a big opportunity, warranting close attention.
Japan's earthquake has fermented, according to Japanese media reports, the local semiconductor supply chain has been disturbed, storage chips and semiconductor equipment will benefit in the short term. The event will stimulate sector sentiment and boost expectations in the short term. However, this round of production stoppage is mostly preventive and security check-style, and there is no significant damage to production lines, so the actual supply and demand impact is limited, more driven by sentiment. The key is to see today's market funding feedback and whether it can show clear fluctuations.
According to a report by Japan's NHK, at around 16:53 local time on April 20, a 7.5 magnitude earthquake struck off the coast of Sanriku, Japan, near multiple nuclear power plants and nuclear fuel processing and waste storage facilities. Onagawa, Fukushima Daiichi, Daini, and Higashidori nuclear power plants are all checking for abnormalities, with some nuclear facilities either long-term out of operation or in operation. The Japan Meteorological Agency has issued a tsunami warning, with expected wave heights of 3 meters along the Pacific coast of Iwate Prefecture, Aomori Prefecture, and Hokkaido, and residents in the relevant areas are asked to evacuate immediately; Miyagi Prefecture, Fukushima Prefecture, and other areas have issued tsunami advisory warnings, expecting wave heights of 1 meter. The Chinese Consulate General in Sapporo reminds Chinese citizens in the area to pay attention to official information in a timely manner, follow local evacuation instructions, stay away from the coast, remain vigilant against recurring tsunamis and aftershocks, and secondary disasters, and to contact the consulate for assistance in case of emergencies. #Japan 7.5 magnitude earthquake#
Mortgage rates remain unchanged! The April LPR has not been adjusted, maintaining the status quo, with a one-year rate of 3% and a five-year rate of 3.5%. The rate for first-time home loans is basically -30 basis points, either 3.2% or 3.3%, and has not been adjusted for 11 consecutive months. In 2025, there will only be one adjustment for the entire year, with a reduction of 10 basis points for the one-year and five-year rates, on May 20, 2025, after which there will be no changes for seven consecutive months.
Congratulations to the brothers for hitting the limit up again #Yunnan Zhiye sz002428[stock]# Those who are quick get it, those who are slow miss it [hehe]
Good morning everyone A new week officially starts, May everyone's accounts flourish, and operations go smoothly, In the A-shares market, may you eat well and earn abundantly! Like and comment 178, Let's all prosper together!
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