Today's Important News Review | Dolphin Investment Research

0730 Focus of Dolphin Jun:

🐬 Macro/Industry

1. On July 30, the Political Bureau of the Communist Party of China held a meeting to analyze the current economic situation, deploy economic work for the second half of the year, and review the "Regulations on Reducing Burdens at the Grassroots Level by Combating Formalism." The overall meeting released some positive signals, emphasizing that the focus of economic policies should shift more towards benefiting the people, promoting consumption, and increasing residents' income through multiple channels. It also emphasized the need to resolutely achieve the annual economic and social development goals, strengthen industry self-discipline, and prevent "involution-style" vicious competition.

🐬 Individual Stocks

1. $BYD COMPANY(01211.HK)

BYD's sub-brand, Fang Cheng Bao, announced a brand new strategy for its first anniversary, with the "Bao 5" model launching at a new price range of 239,800 yuan to 302,800 yuan, a 50,000 yuan reduction from the previous official guidance price. The first car of Fang Cheng Bao, Bao 5, was launched in November last year, positioned as a hardcore off-road SUV, equipped with BYD's latest technologies such as the Hybrid Technology Platform (DMO) and CTC Battery Chassis Integration, with a comprehensive range of over 1200 kilometers. Bao 5's sales in the first half of the year were average. This time, BYD's aggressive price war is expected to stimulate a wave of sales in the short term. However, for BYD, which has repeatedly failed in its attempts to enter the "high-end" market, it may once again attract negative reviews.

2. $Apple(AAPL.US)

With the launch of iOS 18.1 Beta, registered developers can now experience some of Apple's AI features. It is currently only open to registered Apple developers and not open to public testing. The most obvious change is the comprehensive transformation of Siri into Apple Intelligence & Siri; there is also a new feature for call recording, where all participants will receive a notification that the call is being recorded before the recording starts. This somewhat practical yet controversial feature quickly became a hot topic.

3. Luckin Coffee will release its financial report tonight, and Dolphin Jun will track and provide interpretation and analysis.

🐬 Leading Sectors

SH/SZ: Real Estate Services, Highway Passenger Transport, Automobile Retailers;

HK: Highway Passenger Transport, Furniture/Home Furnishing/Decoration Materials Retailers, Leisure Facilities such as Sports Stadiums;

US: Automobile Manufacturers, Catering Services, Household Appliances.

🐬 Focus for Tomorrow

1. China's official manufacturing PMI;

2. US ADP employment figures, US quarterly labor cost index, US Chicago PMI;

3. Microsoft, AMD, New Oriental release financial reports, Dolphin will track and provide interpretation and analysis.

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