Solid-state Batteries Hype Frenzy
Recently, the stocks of several solid-state battery companies have seen a significant surge following Penghui Energy's announcement on August 21st about the release of solid-state batteries, leading to a substantial increase in the company's stock price.
Influenced by this, other solid-state battery stocks have also experienced speculative movements.
For instance, in the past two days, Nantu Power has also seen two 20% limit-up days due to favorable progress in solid-state batteries.
On August 30th, Nantu Power announced that its solid-state battery products are expected to complete project acceptance in the fourth quarter of 2024.
In addition, several other solid-state battery companies have shown unusual movements.
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On August 28th, XianDiao Intelligence stated on an investor interaction platform that the company has initiated cooperation with major solid-state battery enterprises and original equipment manufacturers (OEMs) from Europe, America, China, and Japan and South Korea in the field of solid-state batteries and dry electrode technology.
The company has successfully established the entire process of mass production for all-solid-state batteries, achieving coverage from complete line solutions to key equipment for each process segment.
Furthermore, Guoxuan High-Tech announced its first all-solid-state battery crystal battery with an energy density as high as 800Wh/L, capable of adapting to environments ranging from -40 degrees to 100 degrees Celsius.
More importantly, it has achieved a breakthrough in endurance of over 1000 kilometers, with the ability to recharge 60% in just 6 minutes.
Although the solid-state battery sector is bustling, at the 2024 World Power Battery Conference in the past two days, the solid-state battery samples released by battery electric vehicles and car manufacturers are mostly semi-solid batteries.
At the same time, none of the current solid-state battery enterprises have started mass production; they are all in the small-batch production phase.
The true performance is still unknown.
The market is very bearish, but the theme is very impulsive.
Global electrification is currently most vibrant in our country.
Of course, the risks are also quite daunting, as evidenced by the significant drop in the new energy concept stocks in the Hong Kong stock market today.
The share price of Shengneng Group from Xinxiang, Henan, has plummeted due to concentrated equity being named by the Hong Kong Securities and Futures Commission.
Just after the market opened at 11 o'clock today, the drop reached 99%.
The market value of over 23 billion has suddenly fallen to only 328 million.
The stock price fell from over 20 yuan to a low of 0.14 yuan, closing at 0.32 yuan.
The company was established in 2018, registered in the Cayman Islands, with 211 employees, and went public in Hong Kong stocks in 2023.
In just over a year since listing, the stock price has risen more than tenfold.
Of course, today's drop wiped out all gains.
This is the market's fear of lifting price limits, as the market is too market-oriented, and junk stocks cannot withstand it, or it is impossible to support enterprises.
However, this does not hinder T+0; if the price limit is not lifted and only T+0 is changed, the expected problem is not significant.
In the past two years, many "penny stocks" in Hong Kong stocks have become tenfold bull stocks!
As of the closing on September 3rd, nearly 1000 Hong Kong stock market companies have a stock price below 1 Hong Kong dollar.
Since 2020, including Yadea Holdings, Jinjing New Energy, and Huijie Technology, there are a total of 18 Hong Kong stock companies whose stock price has increased by more than tenfold.
Among them, 14 Hong Kong stock companies that achieved a tenfold counterattack with the lowest price in the period being less than 1 Hong Kong dollar.
These penny stocks have one thing in common that is very much concerned, that is, they are mainly related to new energy.
It is enough to see that the market still recognizes the future global electrification track.
The downside is that the current market is too bearish.
Another major reorganization of large state-owned enterprises on the evening of September 2nd, the central enterprise with the Chinese head sent a heavy message: China Shipbuilding and China Shipbuilding Industry are about to reorganize!
Every time there is a major reorganization of the central bank in A shares, it seems to give birth to a big bull market.
Will this time be the same?
Last time, the North-South Car came with a leveraged bull.
Will this time be a rate cut bull?
The Fed will cut interest rates this month, and it seems that the probability of cutting interest rates after the interest rate meeting on September 18th is high, and conventional central banks will follow the rate cut.
Now the domestic interest rates are very low, and under the expectation of long-term low interest rates, there is some expectation for the capital market.
After all, the hot money now has no choice but to invest overseas to chase the rise.
The domestic real estate market does not dare to bottom, and the most liquid is only the capital market.
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