• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 28th, Li Auto (LI.O) released its Q1 2026 financial report, showing revenue of RMB 23 billion and deliveries of 95,142 vehicles, a year-on-year increase of 2.5%. For Li i6 customers whose deliveries stretched into the new year due to orders far exceeding expectations, Li Auto proactively covered over RMB 500 million in purchase tax differences. As of the end of Q1, Li Autos cash reserves reached RMB 94.3 billion, maintaining a cash reserve of around RMB 100 billion for ten consecutive quarters. Furthermore, Li Auto launched a $1 billion share repurchase program in March and quickly implemented it; as of May 26, 2026, $139.7 million had been repurchased, completing approximately 14% of the target amount within two months.Li Auto (LI.O) expects its second-quarter revenue to decline by 16%-20% year-on-year.Li Auto (LI.O) reported a gross margin of 7.9% in the first quarter, compared to 20.5% in the same period last year.On May 28th, the Shanghai Futures Exchange (SHFE) reported the following changes in warehouse receipts for various commodities: 1. Alumina futures warehouse receipts: 0 tons, a decrease of 458,360 tons compared to the previous trading day; 2. TSR20 rubber futures warehouse receipts: 29,534 tons, unchanged from the previous trading day; 3. Low-sulfur fuel oil warehouse futures warehouse receipts: 5,000 tons, an increase of 5,000 tons compared to the previous trading day; 4. Hot-rolled coil futures warehouse receipts: 495,183 tons, a decrease of 22,244 tons compared to the previous trading day; 5. Petroleum asphalt plant warehouse futures warehouse receipts: 31,220 tons, unchanged from the previous trading day; 6. Petroleum asphalt warehouse futures warehouse receipts: 21,120 tons, unchanged from the previous trading day; 7. Silver futures warehouse receipts: 987,951 kg, a decrease of 5,775 kg compared to the previous trading day; 8. Butadiene rubber futures warehouse receipts: 30,930 tons, an increase of 50 tons compared to the previous trading day; 9. Stainless steel warehouse futures receipts totaled 74,528 tons, an increase of 616 tons from the previous trading day; 10. Copper futures receipts totaled 94,480 tons, a decrease of 450 tons from the previous trading day; 11. Medium-sulfur crude oil futures receipts totaled 3,511,000 barrels, unchanged from the previous trading day; 12. Lead futures receipts totaled 56,773 tons, unchanged from the previous trading day; 13. Rebar warehouse futures receipts totaled 20,218 tons, unchanged from the previous trading day; 14. Pulp warehouse futures receipts totaled 207,266 tons, unchanged from the previous trading day; 15. Pulp mill warehouse futures receipts totaled 20,000 tons, unchanged from the previous trading day; 16. Gold futures receipts totaled 111,669 kg, unchanged from the previous trading day; 17. Zinc futures receipts totaled 109,374 tons, a decrease of 224 tons from the previous trading day; 18. Aluminum futures warehouse receipts totaled 483,510 tons, an increase of 2,314 tons from the previous trading day; 19. Fuel oil futures warehouse receipts totaled 41,160 tons, a decrease of 4,000 tons from the previous trading day; 20. Tin futures warehouse receipts totaled 7,993 tons, a decrease of 158 tons from the previous trading day; 21. International copper futures warehouse receipts totaled 12,678 tons, an increase of 300 tons from the previous trading day; 22. Natural rubber futures warehouse receipts totaled 146,690 tons, an increase of 570 tons from the previous trading day; 23. Nickel futures warehouse receipts totaled 83,060 tons, an increase of 894 tons from the previous trading day.Li Auto (LI.O) shares fell nearly 5% in pre-market trading in the US.

Silver price analysis: XAG/USD declines from a 13-day-old resistance line below $21.00

Daniel Rogers

Mar 13, 2023 11:37

 截屏2022-07-29 上午11.05.40.png

 

Silver price (XAG/USD) maintains modest gains near $20.60 as it probes the metal's retreat from a key short-term resistance line on Monday morning. Despite this, the XAG/USD maintains its three-day winning trend and extends yesterday's recovery from the lowest levels since November 4, 2022.

 

Nonetheless, the impending bear cross on the MACD and the bullion's inability to remain above the 200-SMA, not to mention the failure to cross a two-week-old resistance line, give Silver price bears reason for optimism.

 

Consequently, the bullion remains on track to retest the two-week-old horizontal support zone close to $20.40. However, the metal's further decline may make it difficult to break the $20.00 psychological magnet.

 

The focus will then shift to the monthly low of $19.95 and the November 2022 low around $18.85.

 

On the contrary, recovery movements remain elusive unless the XAG/USD remains below the downward-sloping resistance line from late February, around $20.90 at the latest. The $21.00 round number also functions as an upside filter.

 

The previous week's high near $21.30 may serve as the last line of defense for the XAG/USD skeptics if Silver purchasers maintain control above $21.00.