🇷🇺Putin, from @DeItaone

RUSSIA TO REWARD FOREIGN COMPANIES THAT REMAIN

WEST IS FACING RISING ENERGY COSTS

THE WEST THINKS WE WILL STEP BACK - THE WEST DOESN'T UNDERSTAND RUSSIA

WEST'S ACTIONS ARE SIMILAR TO ANTI-SEMITIC POGROMS IN GERMANY IN 1930S

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More from @ResGloStocks

Mar 17
🇨🇳We Chat de Evergrande: "Evergrande Group Chongqing implementa inquebrantablemente la política de garantizar la entrega de edificios, proteger el sustento de las personas y garantizar la estabilidad."

Situación de construcción de algunos proyectos de #Evergrande Group Chongqing
Evergrande Yunhu Shang County

El carril de incendios exterior del contratista general de la parcela se completó en un 90%, el muro de mampostería se completó en un 60%, la decoración interior de la unidad de decoración se completó en un 90%. ImageImageImage
Condado Evergrande Yunhu Shang

El carril de incendios exterior del contratista general de la parcela se completó en un 90 %, el muro de mampostería se completó en un 60 %, la decoración interior de la unidad de decoración se completó en un 90 % ImageImage
Read 10 tweets
Mar 16
🇨🇳SHANGHAI 600000
SHANGHAI PUDONG DEVELOPMENT BANK
Shanghai Pudong Development Bank Co was founded 1992 with the approval of the People’s Bank of China and has been operating since 1993. It is a nationwide joint-stock commercial bank that became listed in 1999 on the Shanghai SE ImageImage
Principal shareholders: SASAC of China (!) and China Mobile of @CipresMomentum (!) Image
Equity 660.000 mln RMB
Total liabilities 7.462.000 mln RMB
Marjet Cap 230.000 mln RMB.

This high debt ratio is normal for a bank, and it trades at 0.4 book value. Image
Read 13 tweets
Mar 16
🇨🇳The website of the Ministry of Industry and Information Technology released that the Hengchi brand pure electric multi-purpose passenger vehicle of #Evergrande NEV (708) is in the "Catalogue of Recommended Models for the Promotion and Application of New Energy Vehicles"
This means that the Hengchi 5 has passed the one-month publicity period for new vehicles of the Ministry of Industry and Information Technology, and is qualified for production and sales, and can be publicly pre-sold.

According to the plan previously disclosed by Evergrande Automobile, Hengchi 5 is positioned as an A-class SUV with a price of less than 200,000 yuan. It is the lowest-positioned and cheapest model among the 9 models of Hengchi Automobile. It is the benchmark for Audi Q3, BMW X1.
Read 5 tweets
Mar 16
🇮🇳🇨🇳India reportedly explores yuan in oil trade with Russia, as frustration grows over US sanctions

globaltimes.cn/page/202203/12…
🇨🇳🇮🇳Globaltimes (China): "maintaining normal trade with Russia or any country is New Delhi's legitimate rights."

"India has every reason to protect its own economy"

"Economic sanctioning will result in a situation where multiple players lose"

globaltimes.cn/page/202203/12…
🇷🇺🇮🇳Both sides are discussing accepting RuPay and MIR Cards within national payment infrastructures

livemint.com/politics/polic…
Read 4 tweets
Mar 15
🇮🇳🇷🇺The Russia-Ukraine war has exacerbated already high global gas prices. This means the budgeted Rs1 trillion (US$14 billion) fertilizer subsidy is likely to increase.

worldfertilizer.com/special-report…
Natural gas is the main input (70%) for urea production, and even as global gas prices increased 200% from US$8.21/million Btu in January 2021 to US$24.71/million Btu in January 2022, urea continued to be provided to the agriculture sector at a uniform statutory notified price.
This situation is compounded by India’s dependence on Russia for phosphatic and potassic (P&K) fertilizers such as NPK and muriate of potash (MOP).
Read 4 tweets
Mar 15
Veo mucho temor a las bajas Chinas. Me parece que está bueno pensar y analizar qué enfoque tienen las inversiones y tenerlo claro durante todo el proceso: Comprás para guardar? Queres ganar en 1 mes? Queres hacer trading? Tenes claro a qué estas expuesto?
Si cambia tu enfoque porque el precio baja, tenes que replantearte en qué invertís. Lo dijimos con Gazprom: una cosa es el precio, otro las operaciones. Y hoy Gazprom está teniendo revenue record en medio de una guerra. No interesa el precio, la inversión es sobre el negocio.
En Gazprom la geopololitica se metió a un nivel extremo, pero las operaciones siguen su camino. Veremos cómo termina el listado (MOEX/LSE), pero para mi es un ejemplo extremo del camino que hay que seguir. No centrarse en lo que hace el mercado, siempre en las operaciones.
Read 15 tweets

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