Today's Key News Review | Dolphin Research
0328 Changqiao Dolphin Focus:
🐬 Individual Stocks
1. $Loews.USeapmotor.HK
Leapmotor rose more than 20% in the afternoon, with a total market value of over HKD 40 billion. On the news front, leapmotor will welcome cornerstone investors lifting their lock-up period tomorrow, and it is not ruled out that this might be a preparation for selling. In addition, as announced on the day before yesterday, leapmotor is still struggling to increase its revenue without increasing its profits. It lost about CNY 5.1 billion in 2021, and its losses increased by nearly 80% year-on-year, facing huge challenges in a rapidly competitive market.
2. $Hyatt Hotels.USuazhu-S.HK
Huazhu announced its Q4 financial report in 2022 last night, and the company's operating conditions in Q4 last year were still acceptable. The number of unopened stores can maintain a period of incremental support. The most eye-catching part was the company's performance guidance for the next quarter and the whole year of 2023, which indicated a remarkable increase in revenue and strong reliability. Currently, the hotel industry is gradually entering the upward channel of "improving both quantity and price". Its leading companies, including Huazhu, have strong certainty of continuously improving performance. Now it is up to the company's valuation to be considered. Dolphin detailed interpretation will be available in "Huazhu: improving both quantity and price, accumulating power for future takeoff".
3. $Dominion Energy.USisney.US
Disney announced that it has started the first round of layoffs, expected to lay off 7,000 people. Last month, the company announced plans to cut costs by CNY 5.5 billion, of which CNY 3 billion came from reducing the film and television budget, and CNY 2.5 billion came from reducing operating costs. This layoff is one of the key actions to reduce costs. Before this, in Febuary, Disney's stock price soared after the company announced its financial report and business restructuring plan. After announcing the layoff on Monday, Disney's stock price rose more than 2% in intraday trading.
🐬 Leading Sectors
Shanghai-Shenzhen Stock Exchange: Retail of health and personal care products, downstream energy, patient care;
Hong Kong Stock Exchange: Game software, commercial chemicals, Web-based data and services;
US Stock Exchange: Supportive activities for the operation of oil and gas, financial software and services, banking industry.
🐬 Focus Tomorrow
1. Kuaishou, Pinduoduo, Micron and other companies will release financial reports. Dolphin will issue interpretation and analysis reports. Stay tuned.
⚠️ The companies covered in this article by the Changqiao Dolphin Research are marked in red. You can search for "Dolphin Research" on the Changqiao App (click here to download) and enter the homepage to search for the corresponding company name to get the full set of research reports on the company (including previous minutes of past performance).
Risk Disclosure and Disclaimers for this article: Dolphin Research Disclosure and General Disclosure