Jin Jing New Energy (01783-HK) has announced a collaboration with Zhejiang Jinko to advance their green energy business through a signed memorandum of understanding. This partnership aims to establish a comprehensive recycling network focusing on the global recycling market.
The group stated that it will open its recycling points worldwide for joint use with Jinko, facilitating resource sharing and enhancing operational efficiency while maximizing the global impact of recycling efforts. Additionally, they will explore cooperative opportunities in specific strategic markets to solidify their global partnership. Jinko specializes in the research, production, and sales of advanced energy storage solutions.
As the trade war escalates, questions arise about the viability of investing in emerging market bonds. Stay informed on global financial developments by downloading our app.
In other news, Chengdu Expressway (01785) has proposed that Li Xiao, the full-time deputy secretary of the party committee, be appointed as a non-executive director, pending approval. Meanwhile, Hengding Industrial (01393) reported a 77% increase in raw coal production and an 88% rise in refined coal production for the first quarter.
In trending topics, the Chinese domestically produced aircraft C919 has received over 1,000 orders, with more than 600 being handled by financial leasing companies. Additionally, the U.S. Treasury Secretary hinted at a significant agreement with China but warned that Trump’s tariffs "are not a joke." Investors continue to sell off, leading to a rise in U.S. Treasury yields. Furthermore, Wall Street investment banks face challenges in predicting Trump's actions, despite sophisticated tariff models.
Lastly, Guo Zhihui mentioned that Nvidia’s AI supercomputer collaborates with four Taiwanese manufacturers, with support from the Investment Commission to assist these companies in expanding internationally.
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