Today's Important News Review | Dolphin Investment Research

0809 Dolphin Focus:

🐬 Macro/Industry

1. According to data from the National Bureau of Statistics, China's CPI in July increased by 0.5% year-on-year, up from 0.2% previously; PPI decreased by 0.8% year-on-year, compared to -0.8% previously. The data slightly exceeded expectations, providing some positive impact on the market but not significant.

2. The China Association of Automobile Manufacturers released data showing that in July, the production and sales of new energy vehicles reached 984,000 and 991,000 units respectively, with year-on-year growth of 22.3% and 27% respectively. New energy vehicles accounted for 43.8% of total new car sales.

🐬 Individual Stocks

1. $BYD COMPANY(01211.HK)

BYD Ocean Network launched two new cars - the 2025 Seal and Seal 07 DM-i, with prices hitting a new low. The 2025 Seal starts at 175,800 yuan, while the Seal 07 DM-i has five configurations starting at 139,800 yuan. The 2025 Seal is the first sedan built on the e-platform 3.0 Evo and BYD's first model with a laser radar, significantly improving its autonomous driving capabilities. Additionally, it is reported that some versions of the Fang Cheng Bao "Bao 8" will use Huawei's autonomous driving solution, with the project already in progress. BYD rose over 3% today.

2. $Taiwan Semiconductor(TSM.US)

TSMC announced its latest monthly performance. Following the strong performance in Q2, sales in July continued to grow strongly, benefiting from robust demand for AI and price hike expectations. TSMC's sales in July reached 256.95 billion New Taiwan dollars, up 44.7% year-on-year and 23.6% month-on-month. Sales for the year so far total 1.5231 trillion New Taiwan dollars, up 30.5% year-on-year. TSMC's Taiwan-listed shares opened high and closed up 4.2%.

3. Dolphin Focus on Company Financial Reports and Conference Call Minutes

SMIC: "SMIC: Spreading Wings Against the Wind, Delivering Explosive Guidance" and "SMIC: 12-inch Capacity Approaching Full Load (24Q2 Conference Call Minutes)" Disney: "Disney: Expected flat revenue for next quarter (3Q24FY conference call)"

Focus Media: "Focus Media: Surging in pessimism, real prosperity or false rebound?"

Shopify: "Shopify: Amazon 'lying down', independent e-commerce 'rising' instead?"

China Mobile: "China Mobile: Dancing with a billion users, setting sail with trillion revenue"

🐬 Leading Sectors

SH/SZ: Diversified chemicals, real estate services, oil and gas exploration and production;

HK: Reinsurance, agricultural machinery, real estate services;

US: Household appliances, heavy electrical equipment, semiconductor manufacturers.

🐬 Focus Tomorrow

1. KE Holdings and Yuewen will release financial reports, and Dolphin will track and provide analysis.

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