Today's Important News Review | Dolphin Investment Research

0820 Dolphin's Key Focus:

🐬 Macro/Industry

1. At 10:00 am on August 20th, the first domestic 3A game "Black Myth: Wukong" was officially unlocked on PS5 / STEAM / EPIC GAMES STORE / WEGAME platforms, dominating the top trending topics. Within an hour of its launch, the online player count of Black Myth: Wukong on Steam exceeded one million, claiming the top spot on the hottest games list, leading to a rise in multiple gaming sector stocks today. The founding team members all come from Tencent, with Guangxi Tencent Entrepreneurship Investment Co., Ltd., a Tencent subsidiary, currently holding a 5% stake in the game.

2. August's LPR rates are out: 1-year and 5-year rates remain unchanged at 3.35% and 3.85% respectively.

🐬 Individual Stocks

1. $AMD(AMD.US)

AMD announced plans to acquire ZT Systems, a company specializing in designing cloud computing and artificial intelligence data center equipment, for $4.9 billion. ZT Systems designs and manufactures servers, server racks, and other infrastructure to house and connect chips in giant data centers that support AI systems like ChatGPT. After the acquisition, AMD plans to sell ZT's manufacturing business while retaining its system design business. ZT's strong capabilities in design and services can help promote the deployment of AMD AI servers in data centers, enhancing AMD's competitiveness against NVIDIA. Following the news of the acquisition plan, AMD's US stocks rose by 2.45% during Monday's trading session.

🐬 Top Performing Sectors

SH/SZ: Residential construction companies, diversified banks, consumer finance;

HK: Aviation stocks, Tesla concept stocks, lithium batteries;

US: Textiles, silver, precious metals, and minerals.

🐬 Tomorrow's Focus

1. China's one-year loan market quoted interest rate;

2. XPeng, Pop Mart, Kuaishou, Huazhu, Vipshop will release financial reports, and Dolphin will track and provide interpretation and analysis.

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