Trump calls out "China and the U.S. can solve all the problems in the world!"; Alibaba sells Intime for 7.4 billion yuan | Today's key news review

1217 Dolphin's Key Focus:

🐬 Macroeconomics/Industry

1. Trump held his first press conference since winning the election on Monday Eastern Time, and notably stated regarding Sino-U.S. relations that "China and the United States can solve all the problems in the world together, think about it, this is important." The overall performance of Hong Kong and A-shares today remains weak.

2. Today, the National Immigration Administration announced a comprehensive relaxation and optimization of the transit visa exemption policy, extending the stay time for transit visa-exempt foreigners from the original 72 hours and 144 hours to 240 hours (10 days), while adding 21 new ports of entry and exit for transit visa-exempt individuals and further expanding the area of activities allowed during their stay. This is expected to stimulate the tourism and consumption sectors.

🐬 Individual Stocks

1. $ Alibaba(BABA.US)

Alibaba officially announced that it plans to sell 100% of its stake in Intime to Yuyuan Group, currently holding about 99% of Intime. The total proceeds from the sale are approximately RMB 7.4 billion. Alibaba expects to incur a loss of about RMB 9.3 billion from this transaction. Following the announcement, Yuyuan's stock price surged, while Alibaba's Hong Kong shares fell. For Alibaba, this planned transfer of physical retail assets marks an important step forward.

2. $ Alphabet(GOOGL.US)

Just 8 days after the official release of Sora, the "Google version of Sora" 2.0 version—Veo 2 and the image generation model Imagen 3 have been officially released. According to the official website, Veo 2 can create videos with realistic movements and high-quality output, with a maximum resolution of up to 4K and a duration of over 2 minutes. The aim is to enhance the realism and personalized experience of video and image creation, challenging OpenAI's leading position in the AI generation field.

🐬 Leading Sectors

Shanghai and Shenzhen: Various utilities, automobile manufacturers, brewing industry;

Hong Kong Stocks: Sports venues and recreational facilities, human resources and employment services, oil and gas refining and sales;

U.S. Stocks: Automobile manufacturers, internet content and information, computer and electronic product retailers.

🐬 Attention for Tomorrow

1. U.S. current account.

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