Previous Close | 91.74 |
Open | 92.01 |
Bid | 93.25 x N/A |
Ask | 93.28 x N/A |
Day's Range | 91.50 - 95.20 |
52 Week Range | 58.05 - 148.57 |
Volume | |
Avg. Volume | 30,444,752 |
Market Cap | 137.725B |
Beta (5Y Monthly) | 0.94 |
PE Ratio (TTM) | 8.22 |
EPS (TTM) | 11.34 |
Earnings Date | Apr 28, 2023 - May 02, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jun 19, 2019 |
1y Target Est | 128.31 |
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(Bloomberg) -- China’s big lithium miners are set to reap record earnings after booming demand for the electric vehicle battery material sent prices surging to an all-time high last year. Most Read from BloombergAdani Tries to Calm Investors With 413-Page Hindenburg RebuttalAdani Rout Hits $68 Billion as Fight With Hindenburg IntensifiesRussia Can’t Replace the Energy Market Putin BrokeHistoric Crash for Memory Chips Threatens to Wipe Out EarningsTianqi Lithium Corp. forecasted preliminary net i
Chinese companies are showing renewed interest in Australian acquisition targets including natural resources and agricultural assets, as hopes swirl that a diplomatic thaw between the two countries will yield more deals next year, bankers and lawyers said. In recent weeks, some banks have received mandates from Chinese companies looking at Australian assets, while other dealmakers say they are getting inbound inquiries from cashed-up potential buyers in the world's second-largest economy. The signs are still tentative, however, and Australia's foreign investment framework would likely shut Chinese buyers out of sectors such as telecoms, defence and critical minerals that are considered sensitive to national security.
Chinese companies are showing renewed interest in Australian acquisition targets including natural resources and agricultural assets, as hopes swirl that a diplomatic thaw between the two countries will yield more deals next year, bankers and lawyers said. In recent weeks, some banks have received mandates from Chinese companies looking at Australian assets, while other dealmakers say they are getting inbound inquiries from cashed-up potential buyers in the world's second-largest economy. The signs are still tentative, however, and Australia's foreign investment framework would likely shut Chinese buyers out of sectors such as telecoms, defence and critical minerals that are considered sensitive to national security.