Today's Key News Review | Dolphin Research
Dolphin Analyst Focus:
🐬 Macro/Industry
1. The Hong Kong stock market fell sharply today, with Heng Seng Technologies falling by nearly 5%. It is worth noting that there are overseas media reports that the Biden administration is considering completely banning US companies from investing in certain high-tech sectors in China, which will prevent capital from flowing into areas such as AI, quantum, 5G, and advanced semiconductors. Today, large technology stocks fell and Alibaba and Tencent fell more than 6%, while JD.com and Xiaomi fell more than 5%. In the previous strategy report, we had already warned of the short-term risks in the Hong Kong stock market and had withdrawn from its position in the Hong Kong stock market technology ETF on the previous trading day.
🐬 Individual Stocks
1. $Barnes.USaidu Group-SW.HK
According to Bloomberg, Baidu will launch an AI chatbot similar to ChatGPT in China in March. Baidu Group's Hong Kong stock rose more than 5% today. During the Spring Festival, ChatGPT once became popular, and related companies such as BuzzFeed and SenseTime saw significant changes in stock prices. Microsoft also said it will invest billions of dollars in OpenAI to quickly promote the commercialization of ChatGPT. Since its release, ChatGPT has gained widespread attention and accumulated more than 1 million users in just 5 days. It has given everyone the possibility to see the commercialization and innovative business model opportunities of AI in richer scenes, and can be said to be a symbol of the new stage of the AI industry.
2. $AT & T.USesla.US
After a significant increase, the new energy concept opened higher today, and A-share GEM lithium battery companies also followed the increase, and many stocks, such as Ningde Times, rose. On the news front, on the one hand, Tesla announced its financial report last week, and its profitability remains stable, and the company's 2023 guidance is also optimistic. We have tracked and produced the financial report interpretation "The Story of Tesla Reshaped, the Moment of Testing Faith Has Arrived!" in the first time. On the other hand, since the global price reduction started in January 2023, hand-held orders have recovered well and are about twice the production volume, and sales are expected to stabilize. Based on the previous financial report analysis, Dolphin has already given a long position in last week's portfolio strategy, and everyone can also review the specific comments.
🐬 Leading Sectors
Shanghai-Shenzhen Stock Markets: Household Appliance Parts II, Professional Chain II, Ground Weaponry II;
Hong Kong Stock Market: Aerospace and Defense, Poultry and Livestock Feed, Public Transportation;
US Stocks: Automobile Manufacturer, Highway Transportation, Real Estate Investment Trust – Offices.
🐬 Focus for Tomorrow
1. China official manufacturing PMI, China composite PMI, and China non-manufacturing PMI. 2. General Motors and Pfizer released their financial reports.
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Risk disclosure and statement for this article: Dolphin Disclaimer and General Disclosure by Dolphin Analyst
