Today's Important News Review | Dolphin Investment Research

0807 Focus of Dolphin Jun:

🐬 Macro/Industry

1. According to the General Administration of Customs data, in July, China's total import and export volume reached 3.68 trillion yuan, a year-on-year increase of 6.5%; exports reached 2.14 trillion yuan, up 6.5%; imports reached 1.54 trillion yuan, up 6.6%. In the first seven months, China's import and export volume reached a new high for the same period in history. In July, both the year-on-year and month-on-month import and export growth rates continued to be above 5% for the fourth consecutive month.

🐬 Individual Stocks

1. $NEW ORIENTAL-S(09901.HK)$EAST BUY(01797.HK)

East Selection rose by over 2%. In terms of news, the previously controversial "Dong Yuhui leaving East Selection" incident has seen the latest development. There has been a change in business registration with Hui Tongxing (Beijing) Technology Co., Ltd., where the original sole shareholder Beijing New Oriental Xuncheng Network Technology Co., Ltd. has exited, and Dong Yuhui has been added as a shareholder with full ownership. Yu Minhong has resigned from the supervisor position at Hui Tongxing. With New Oriental divesting from Hui Tongxing, East Selection is expected to establish a new valuation system. In addition, New Oriental has approved an expansion of its share buyback plan, increasing the amount from $400 million to $700 million, leading to a more than 6% increase in New Oriental's stock today.

2. Dolphin Jun focuses on company financial reports and conference call summaries

Airbnb: "Airbnb: Can the Olympics save the weak player?"

Rivian: "Will Volkswagen, the 'angel in white,' become the 'Tesla killer' for Rivian?", "With the expected launch of the three-motor and four-motor versions, Rivian's Q4 single vehicle ASP will continue to rise (2Q24 minutes)"

Uber: "Uber: Fearless of recession, or is the American version of Didi powerful?", "Uber: How significant is the impact of autonomous driving?"

Disney and Shopify will release their financial reports tonight, and Dolphin will track and provide analysis.

🐬 Top Performing Sectors

HK/SZ: Motorcycle manufacturers, education services, and electric utilities;

HK: Reinsurance, cloud and data centers, movies and entertainment;

US: Highway passenger transportation, maritime ports operators, and cloud financial services.

🐬 Tomorrow's Focus

1. SMIC and Focus Media will release their financial reports, and Dolphin will track and provide analysis.

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