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The chart shows that at 23:00 Beijing time on January 16, there will be large foreign exchange options contracts for EUR/USD, USD/JPY, and AUD/USD expiring, including 13 contracts with strike prices exceeding 1 billion. Please manage your risks.On January 16th, Shichuang Energy announced that it expects to achieve a net profit attributable to owners of the parent company of -358 million yuan to -298 million yuan in 2025, a reduction in losses of 291 million yuan to 351 million yuan compared to the same period last year, representing a year-on-year reduction in losses of 44.83% to 54.08%. It also expects to achieve a net profit attributable to owners of the parent company of -388 million yuan to -328 million yuan in 2025, a reduction in losses of 274 million yuan to 334 million yuan compared to the same period last year, representing a year-on-year reduction in losses of 41.40% to 50.46%. While new photovoltaic installations are expected to continue to grow in 2025, the imbalance between supply and demand in the industry remains prominent. During this period of deep industry adjustment, the company has consistently adhered to interdisciplinary integrated R&D and driven development through independent innovation. During the reporting period, sales of photovoltaic cells and equipment increased, leading to increased sales revenue. In addition, based on the principle of prudence, an asset impairment provision was made for the equipment related to 2GWPERC silicon wafers and cells in the same period last year, which had a certain adverse impact on the net profit in the same period last year.On January 16, Rongsheng Development issued a performance forecast, expecting the companys net profit attributable to shareholders of the listed company to be negative in 2025. The companys operating performance in 2025 will show a loss, but the amount of loss is not expected to exceed the unaudited net assets at the end of the previous year. The companys net assets at the end of 2025 are expected to be positive.On January 16, the China Securities Regulatory Commission (CSRC) held its 2026 system-wide work conference. The conference emphasized upholding the principle of strengthening the capital markets domestic market presence and promoting deeper and higher levels of two-way opening up. It stressed expediting the implementation of optimized schemes for qualified foreign investors, expanding the scope of openness for specific futures products, and improving the convenience of cross-border investment and financing. The conference also called for improving regulations and systems for overseas listings, enhancing the standardization and transparency of filing management, strengthening regulatory and risk prevention capabilities in an open environment, and actively participating in international financial governance.On January 16, the China Securities Regulatory Commission (CSRC) held its 2026 system-wide work conference. The conference emphasized the need to continuously improve the standardized operation of listed companies, accelerate the promulgation of regulations governing listed companies, fully implement the newly revised corporate governance guidelines, strengthen constraints on the behavior of controlling shareholders and actual controllers, and improve institutional arrangements such as dividend repurchases, equity incentives, and employee stock ownership. It also stressed the importance of stimulating the vitality of the mergers and acquisitions market, improving the supervision of the entire restructuring chain, and taking multiple measures to promote the high-quality development of listed companies.

Silver Price Prediction - Silver Markets Remain Volatile

Alina Haynes

Jun 29, 2022 12:16

截屏2022-06-07 下午5.18.01.png 

 

During Tuesday's trading session, silver markets were quite active, as we continue to trade over the $21 barrier. The $21 level has been a pretty significant region, but the overall picture remains bearish. It is difficult not to notice the large "H pattern" on this chart, thus it is probable that we will attempt to reach the $20 level given sufficient time.

 

The $22 level above continues to provide resistance and will likely be significant owing to the 50 Day EMA approaching it once again. Ultimately, I believe this is a market that will always have a large number of sellers at rallies, mostly owing to the fact that US interest rates will continue to rise, so working against the value of silver. Additionally, pay particular attention to the US Dollar Index, as it has a negative association with this market.

 

I would not consider this market a buying opportunity until the silver market breaks over $22.50, because it has been so bearish for so long. I do feel that we will ultimately test the $20 level in the future, and a breach below that level would create significant selling pressure. Long-term, silver's price might go as low as $12 if it falls below the $20 threshold. Keep in mind that silver is also an industrial metal, which is not helping it as a worldwide recession is imminent.