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04:41
UBS highlights 11 US industrial stocks: "Double hit" of earnings and valuation, double-digit upside potential emergesAnalysts pointed out in a report released last Friday that a total of 11 stocks have been included in their key recommendation list. UBS believes these companies have differentiated advantages in market perspectives and possess favorable risk-reward ratios, a judgment supported by its proprietary data and industry analysis.
04:38
Middle East Conflict Sparks Precious Metal Sell-Off, Top On-Chain Gainer Nets $6.3M Profit from Short PositionBlockBeats News, March 23rd, according to Hyperinsight monitoring, the Middle East situation continues to be volatile, and precious metals have experienced a large-scale sell-off. Spot gold fell below $4350 per ounce in the short term, with an intraday decline of nearly 4%, marking the largest weekly decline since March 1983; spot silver simultaneously fell to $65 per ounce, with an intraday decline of over 3%.
On Hyperliquid, the "largest on-chain gold short" (0xacb) is now also the largest short address for SILVER, with a total position size of $43.7 million, and the unrealized profit has expanded to $6.3 million. This address had opened a gold short position in early February at an average price of $4972.
04:37
Zijin Mining responds to the acquisition of Chifeng Gold: The logic for further gold price increases remains unchangedGolden Ten Data reported on March 23 that Lin Hongfu, Vice Chairman and President of Zijin Mining, commented on the company's acquisition of Chifeng Gold at the performance briefing: "In the short term, gold prices will fluctuate dramatically, but in the medium to long term, fundamental issues such as global governance order and excessive issuance of fiat currencies have not been resolved. Therefore, based on this judgment, the logic for gold maintaining high prices or further rising remains unchanged, which is also an important consideration in our investment and acquisition decisions." Lin Hongfu also emphasized that Zijin will not become a purely investment platform, and the core assets will definitely remain in Zijin's hands. "Investors can rest assured about this."
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