Hong Kong and A-shares surge, what short essay is spreading wildly? Xiaohongshu concept sparks a storm | Today's important news review

0114 Dolphin's Key Focus:

🐬 Macro/Industry

1. Today, Hong Kong and A-shares collectively surged significantly. In addition to the positive policies such as the active voice from the Securities Regulatory Commission and the adjustment of cross-border financing macro-prudential parameters yesterday to stabilize the exchange rate, more importantly, a viral online post claimed that there would be a central bank press conference and news about the stabilization fund in the afternoon, injecting a shot of adrenaline into the market that had been adjusting for the past few days.

2. The central bank released data showing that by the end of December, China's M2 balance was 313.53 trillion yuan, a year-on-year increase of 7.3%. The M1 balance was 67.1 trillion yuan, a year-on-year decrease of 1.4%. The M0 balance was 12.82 trillion yuan, a year-on-year increase of 13%. The net cash injection for the year was 1.47 trillion yuan. The total social financing scale increment for the whole year of 2024 is expected to be 32.26 trillion yuan, a decrease of 3.32 trillion yuan compared to the previous year.

🐬 Individual Stocks

1. ByteDance/Xiaohongshu

With the impending ban on TikTok in the U.S., according to regulations, if TikTok's parent company ByteDance does not sell the app, the U.S. will forcibly shut down TikTok on January 19. ByteDance has clearly refused to sell, and some U.S. users have begun to migrate to new social platforms. Riding this wave, Xiaohongshu quickly topped the App Store's free chart. Today, Xiaohongshu ecosystem concept stocks strengthened. Additionally, regarding rumors that TikTok might be sold to Elon Musk, TikTok has responded, "We will not comment on 'purely fictional' news."

2. $LEAPMOTOR(09863.HK)

Riding the market momentum and favorable news, Leapmotor rose nearly 12% today. Leapmotor announced yesterday that it has achieved positive net profit in the fourth quarter of 2024, reaching its quarterly profit target a year ahead of schedule, becoming the second new force car company to turn a profit. According to the sales data released by Leapmotor, it broke through 40,000 units for two consecutive months in November and December, continuously setting new monthly delivery records, with annual sales reaching 293,724 units, exceeding the annual target. Thanks to the steady increase in sales, Leapmotor expects its annual operating income for the year ending December 31, 2024, to be no less than 30.5 billion yuan, an increase of no less than 80% compared to the same period last year; the gross profit margin for 2024 is expected to be no less than 8%. Leapmotor's stock price surged significantly today.

🐬 Leading Sectors

Shanghai and Shenzhen: Financial exchanges and data, cloud and data centers, consumer electronics;

Hong Kong Stocks: Airlines-passenger transport, furniture/home manufacturers, household cleaning products;

U.S. Stocks: Shipping ports-operators, real estate development, fertilizers and pesticides.

🐬 Attention for Tomorrow

1. New York Federal Reserve Manufacturing Index, U.S. seasonally adjusted CPI month-on-month, U.S. seasonally adjusted core CPI month-on-month, U.S. unadjusted CPI year-on-year, U.S. unadjusted core CPI year-on-year.

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