The Trump tariff stick is here! TSMC's new 2-nanometer factory in Kaohsiung starts equipment installation today | Important news recap

Dolphin's Key Focus:

🐬 Macro/Industry

1. Trump announced an additional 10% tariff on Chinese goods and a 25% tariff on imports from Mexico and Canada. The US dollar index quickly rose and then slightly retreated. The imposition of tariffs was one of Trump's core campaign promises, and this 10% figure is even milder than expected, not causing significant market fluctuations.

🐬 Individual Stocks

1. $ Taiwan Semiconductor(TSM.US)

TSMC's new 2nm plant in Kaohsiung will hold its equipment commissioning ceremony today, more than six months ahead of schedule. It is expected that major companies like Apple and AMD will be among the first customers, with mass production anticipated to begin as planned in 2025, and demand is expected to be very strong.

2. $ Baidu(BIDU.US)

Baidu's "LuoBo Kuaipao" announced that it will soon begin trial operations in Hong Kong, with the first phase of testing expected by the end of the year. According to Dolphin's tracking of Baidu's recent financial report interpretation, in the third quarter, LuoBo Kuaipao received 988,000 orders, a year-on-year increase of 20%, with over 70% of the orders being fully autonomous, which increased to 80% in October. It is currently in a rapid development phase, and the market is undoubtedly more concerned about when the UE economic model will be operational. Baidu's stock rose over 4% today.

3. $ MEITUAN(03690.HK)

Today, Huawei held the Mate brand celebration, launching new products including the "strongest Mate ever," the Huawei Mate70 series, and the new foldable phone MateX6. Additionally, over 4,500 Huawei authorized experience stores and Huawei smart living halls across the country on the Meituan platform are simultaneously launching these new products, and according to the official sales rhythm, "delivery sales" are also starting, allowing consumers to order new products from nearby stores through delivery. Meituan will announce its financial report this Friday, and Dolphin will continue to track and provide analysis

🐬 Leading Sectors

Shanghai and Shenzhen: Office services and supplies, road freight, food retailers;

Hong Kong stocks: Medical information services, medical services, clothing retailers;

U.S. stocks: Furniture/home manufacturers, residential construction companies, kitchenware.

🐬 Attention for Tomorrow

1. U.S. Core PCE Price Index MoM, U.S. Core PCE Price Index YoY;

2. Huazhu Group will release its financial report, and Dolphin will track and provide interpretative analysis.

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