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Riksbank financial stability report says Middle East war poses a risk to financial stability.

2026-05-29

Riksbank financial stability report says Middle East war poses a risk to financial stability.

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2026-05-29

Zhongtai Securities: Float glass — 2025 sector revenue and net profit attributable to parent fell YoY 8.3% and 64.2%. Prices remained depressed in 2026Q1, dragging leading producers into loss and sending industry net profit attributable to parent dow

Zhongtai Securities: Float glass — 2025 sector revenue and net profit attributable to parent fell YoY 8.3% and 64.2%. Prices remained depressed in 2026Q1, dragging leading producers into loss and sending industry net profit attributable to parent down 140.5% YoY. Most production lines face severe cash‑flow stress; widespread losses are accelerating cold maintenance and reducing operating capacity. Policy push to curb internal overcapacity and tighter environmental constraints — including Shahe coal‑to‑gas retrofits and cleaner conversions of Hubei petroleum‑coke lines — raise restart difficulty, making supply rationalization probable and structural improvement achievable. PV glass — 2025 prices stayed under pressure; sector revenue and net profit attributable to parent fell YoY 13.3% and 37.2%. Prices weakened further in 2026Q1 with larger profit declines. The industry is in deep short‑term losses; more cold maintenance and outlet closures should accelerate supply clearing, with a weak cyclical recovery possible in H2. Market leaders retain a clear profitability edge from cost, scale and overseas bases, with overseas operations an important earnings driver.
2026-05-29

Cambricon fell over 5% as turnover exceeded 13.0 billion yuan.

Cambricon fell over 5% as turnover exceeded 13.0 billion yuan.
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