Today's Important News Review | Dolphin Investment Research
0902 Key Focus of Dolphin:
🐬 Macro/Industry
1. Several new energy vehicle companies announced their delivery volumes in August. BYD continued to demonstrate a dominant position, with new energy vehicle sales reaching 373,100 units in August, a year-on-year increase of 35.97% and a month-on-month increase of 8.97%. It may achieve its 2024 sales target ahead of schedule. Li Auto ranked second with a delivery volume of 48,100 units. The "dark horse" Xiaomi Auto once again emphasized that it aims to achieve the annual delivery target of 100,000 units in November, but only mentioned that it has delivered over 10,000 units for three consecutive months.
2. The Caixin China Manufacturing PMI for August recorded 50.4, up 0.6 percentage points from July, returning above the boom-bust line. It indicates that the manufacturing sector's business activity expanded after a brief slowdown in July, although the expansion was modest. The official manufacturing PMI for August was 49.1, down 0.3 percentage points from the previous month, below expectations.
🐬 Individual Stocks
1. Huawei/Apple
Huawei announced today on its official Weibo account that it will hold a new product launch event at 14:30 on September 10 with the theme "Extraordinary Work, Always Highlighted". It is worth noting that Apple has just announced the timing of its autumn new product launch event: 1:00 am on September 10 Beijing time, with the theme "Highlight Moment". This seemingly coincidental competition will be a comprehensive competition between the two tech giants in innovation, market strategy, and brand influence.
🐬 Leading Sectors
SH/SZ: Water and soft drinks, property and casualty insurance, road and rail transportation operators;
HK: Human resources and employment services, sports and leisure facilities, furniture/home furnishings/retailers;
US: Shipping ports-operators, heavy electrical equipment, retailers.
🐬 Focus Tomorrow
- US ISM Manufacturing PMI.
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