Today's Important News Review | Dolphin Investment Research

1015 Dolphin's Focus:

🐬 Macro/Industry

1. Tensions escalate between South Korea and North Korea, with North Korea blowing up parts of two major roads connecting the southern part of the peninsula. South Korea also fired shots towards the border, causing market volatility due to the unstable external situation. The RMB plummeted today, with both the Hong Kong and A-share markets closing lower.

🐬 Individual Stocks

1. $XPeng(XPEV.US)

XPeng unveiled the AI car P7+ at the Paris Motor Show, which will feature the AI Falcon Vision autonomous driving solution. The presale price starts at 209,800 yuan, with the official selling price likely to be even lower. In the first 8 months of this year, XPeng's car sales were not optimistic, with less than 80,000 units sold out of the 280,000 annual target. Fortunately, the subsequent success of the MONA M03 gave a boost, and the P7+ is undoubtedly another key model for XPeng, responsible for driving sales. Less than 2 hours after going on sale, orders for the P7+ exceeded 30,000, surpassing the performance of the MONA M03. It is expected to begin large-scale deliveries in early November, with plans to gradually launch overseas next year.

2. $MEITUAN(03690.HK)

Meituan is testing a new service called "Local Eating" in Beijing, Shanghai, and other cities. This service is embedded in the food delivery section of the app, similar to a food version of Xiaohongshu. Users and Key Opinion Leaders (KOL) can share their food orders through a recommendation format, and users can place orders by clicking on the corresponding "buy these items" button. The approach seems innovative, and if done well, could bring substantial orders for businesses and the platform. However, food delivery app users generally have specific purposes and do not have a habit of consuming content for extended periods. Whether this seeding strategy can open up new opportunities remains to be seen.

🐬 Top Performing Sectors

Shanghai and Shenzhen: Trading and payment services, tobacco, residential construction companies;

Hong Kong Stocks: Professional consumer services, insurance brokers, industrial gases;

US Stocks: Semiconductor materials and equipment, textiles, security and alarm services.

🐬 Tomorrow's Focus

1. China's Medium-term Lending Facility (MLF) winning bid rate and operation scale;

2. US Import Price Index monthly rate.

3. ASML will release its financial report, and Dolphin will track and provide analysis.

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