Today's Key News Review | Dolphin Research

1120 Dolphin Research Key Focus:

🐬 Macro/Industry

1. Offshore RMB against the US dollar continues to strengthen, surging by 400 points to break through 7.2. A-shares are generally on the rise, and Hong Kong stocks are also showing overall strength. The policy outlook over the weekend is also relatively positive, with the China Securities Regulatory Commission soliciting public opinions on the "Supervision and Administration Measures for Derivative Trading (Second Draft)", continuously promoting capital market reforms. In addition, the central bank and other three departments held a symposium with financial institutions, releasing new signals of financial support for economic growth.

🐬 Individual Stocks

1. $ Microsoft.US

Microsoft CEO Nadella announced that recently dismissed OpenAI former CEO Sam Altman and former Chairman and President Greg Brockman, along with their colleagues, will join Microsoft to jointly lead a new advanced artificial intelligence research team. Prior to this, despite investor support for Sam Altman's reinstatement, the OpenAI board of directors hired former Twitch CEO Emmett Shear as CEO, which led to several employees resigning in protest. As a result, Microsoft, the largest investor in OpenAI, suddenly plunged near the close on Friday.

🐬 Leading Sectors

Shanghai and Shenzhen: Education services, agricultural machinery, kitchen users;

Hong Kong stocks: Forest products, consumer finance, tobacco;

US stocks: Motorcycle and automobile manufacturers, clothing retailers, airport operators.

🐬 Focus for Tomorrow

1. KUAISHOU-WR, BIDU-SWR, iQiyi, and Trip.com will release their earnings reports. Dolphin Research will provide interpretation and analysis. Stay tuned.

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