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Hua Hong Semiconductor (01347.HK): It expects its sales revenue for the second quarter of 2026 to be between US$690 million and US$700 million.On May 14th, the Peoples Bank of China released its April financial statistics report. Preliminary statistics show that the total social financing in the first four months of 2026 reached 15.45 trillion yuan, 893 billion yuan less than the same period last year. Specifically, RMB loans to the real economy increased by 8.5 trillion yuan, 1.29 trillion yuan less than the same period last year; foreign currency loans to the real economy increased by 103.6 billion yuan (equivalent to RMB), 213.4 billion yuan more than the same period last year; entrusted loans decreased by 94.1 billion yuan, a larger decrease of 99.4 billion yuan than the same period last year; trust loans increased by 300 million yuan, 45.1 billion yuan less than the same period last year; undiscounted bank acceptance bills increased by 51.3 billion yuan, 199.2 billion yuan less than the same period last year; net financing of corporate bonds reached 1.5 trillion yuan, 739.3 billion yuan more than the same period last year; net financing of government bonds reached 4.45 trillion yuan, 399 billion yuan less than the same period last year; and domestic equity financing of non-financial enterprises reached 200.8 billion yuan, 65.5 billion yuan more than the same period last year.May 14th - Since the beginning of this year, the national average rainfall has been 7% lower than the same period in normal years, with some areas experiencing 20-60% less rainfall, including western and southeastern Northeast China, western and northern North China, western and northeastern Northwest China, eastern and southern Huanghuai region, Jianghuai region, and most of South China. Water resources departments at all levels have fully utilized the digital twin water conservancy system and the joint scheduling system for river basin water projects to coordinate water demand across upstream and downstream areas, left and right banks, and main streams and tributaries. They have scientifically scheduled water projects to maximize water storage, utilize water during dry seasons, and ensure multi-source complementarity, precisely regulating the water volume and levels of rivers, lakes, and reservoirs to meet irrigation needs. Strengthening water conservation has effectively guaranteed water supply for spring farming and urban and rural water supply security. Currently, the country is gradually entering the flood season from south to north. The Ministry of Water Resources will continue to closely monitor rainfall and water conditions, strengthen forecasting and early warning, conduct rolling consultations and assessments, and coordinate the needs of various parties, including pre-flood drawdown of reservoirs, flood control during the flood season, urban and rural water supply, and agricultural irrigation. It will scientifically schedule key reservoirs in river basins to ensure flood control and water supply security.According to Hong Kong Stock Exchange filings, Standard Chartered Bank repurchased 801,239 shares on other exchanges on May 13, for a total amount of £15 million.On May 14th, in response to an investors question, "Given the significant increase in Ascend chip shipments, why hasnt the companys sales of thermal copper powder increased year-on-year? What is the current shipment volume?", GRINM Powder Materials stated on its interactive platform that the companys product sales depend on downstream market demand, and the shipment volume of the new thermal copper powder used in Ascend chips is currently relatively stable.

Ford and General Motors strengthen heavy-duty truck moneymakers

Haiden Holmes

Sep 28, 2022 11:01

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Ford Motor (NYSE:F) Co. launched its newest Super Duty pickup on Tuesday, providing a glimpse into the automaker's approach to one of Detroit's most difficult tasks.


The issue is how to improve the largest combustion pickups without overinvesting when automakers must create electric vehicles and battery facilities in order to maintain high demand and profits.


The new Ford Super Duty is equipped with connection and business productivity software to generate income over the life of the vehicle. Jim Farley, the chief executive officer, has prioritized software-driven features and is hiring additional digital commerce leaders.


Ford will implement 5G modems in its Super Duty trucks in 2023 to enable driver monitoring and digital documentation systems. Dashboards have been adapted to facilitate the attachment of specialized equipment, such as lifting arms, to vehicle displays. New Super Duties will feature additional connectors and onboard scales to measure payloads.


Super Duty, Chevrolet Silverado HD, GMC Sierra HD, and Stellantis NV's Ram truck are among the most profitable automobiles sold by the Detroit Big Three or any rival.


Ford reports that the Super Duty brand generates greater revenue than Southwest Airlines (NYSE:LUV), Marriott International (NASDAQ:MAR), and Nordstrom (NYSE:JCP). Southwest's 2021 revenues were $15.8 billion.


Super Duty prices begin at $41,240 and can exceed $100,000 for a fully-equipped vehicle.


Super Duty and Silverado HD pickup trucks are utilized in oil fields and on construction sites. However, many are sold to individuals who tow massive trailers and require luxury SUV connection and comfort.


Currently, battery electric powertrains cannot match the hauling and range of internal combustion engines in heavy-duty pickups. Both Ford and GM are enhancing existing engines and transmissions rather than inventing new ones.


Ford debuted the 2018 Super Duty at Churchill Downs in Louisville, Kentucky, close to where the majority of Super Duty trucks are manufactured.


Ford will invest $700 million in enhancing the Kentucky Truck factory and hire an additional 500 employees to support Super Duty manufacturing.


One day prior to Ford's Super Duty debut, Chevrolet introduced upgrades to its Silverado HD heavy-duty truck lineup.


Heavy-duty Silverado vehicles will only be available with a 10-speed Allison transmission from Chevrolet. The horsepower and torque of the 6.6-liter diesel are enhanced, and some types feature larger display screens.