Today's Important News Review | Dolphin Investment Research

0422 Focus of Dolphin Jun:

🐬 Macro/Industry

1. It is reported that the New York Stock Exchange is soliciting opinions from market participants on whether to extend stock trading hours to seven days a week, 24 hours a day. If 24-hour operation is implemented, it will be a significant change.

🐬 Individual Stocks

1. $ TENCENT.HK

Tencent rose by more than 5% today. Tencent announced that on May 21, 2024, "Dungeon & Fighter: Origin" ("DNF Mobile") will officially launch. This classic PC game turned mobile game, with a large IP fan base, is expected to contribute significantly to Tencent's performance in 2024.

2. $ LI AUTO-W.HK

Following Tesla's price reduction, Li Auto subsequently announced a price cut as well. The 2024 models of Li ONE, Li ONE Extended Range, Li ONE Performance, and Li X will adopt a new pricing system. The price reduction for the Li series is between 18,000 to 20,000 RMB, and 30,000 RMB for Li X. Li Auto also stated that cash rebates will be provided to owners who have already taken delivery.

🐬 Leading Sectors

SH/SZ: Sports facilities, hotels and resorts, cruise ships, catering services;

HK: Industrial gases, residential construction companies, internet content and information;

US: Shipping ports - operators, drug retailers, consumer finance.

🐬 Focus Tomorrow

1. Preliminary readings of the U.S. Markit Manufacturing PMI, U.S. Markit Services PMI;

2. China International Duty Free releases financial reports, and Dolphin Jun will track and provide analysis.

Risk disclosure and statement of this article: Dolphin Research Disclaimer and General Disclosure