Today's Important News Review | Dolphin Investment Research
0423 Dolphin's Key Focus:
🐬 Macro/Industry
1. Switzerland's largest bank, UBS, has unusually upgraded the MSCI China Index rating to overweight, while downgrading markets with a higher proportion of technology stocks such as South Korea to neutral. Coupled with the policy stimulus of the CSRC releasing 5 measures for Hong Kong cooperation last Friday, market sentiment has improved, leading to a strong performance in the Hong Kong stock market today.
🐬 Individual Stocks
1. $ Alibaba.US
Following the 88VIP benefits update last week, Taobao has announced a hundred billion subsidy activity, which will officially start at 8:00 pm on April 23, offering an additional 30% discount on top of the already low prices across the platform. Among them, the "Apple Family Pack" (iPhone 15, iPad 9, Apple Watch S9, AirPods 3) is priced at only 8888 yuan. This activity will last until April 28.
2. $ LI NING.HK
Li Ning has released the latest operational data for the first quarter. As of March 31, 2024, in the first quarter, Li Ning's retail revenue from sales points (excluding Li Ning YOUNG) on the entire platform recorded a low single-digit growth year-on-year. Coupled with the "5 measures for Hong Kong" and the MSCI index in the consumer sector being upgraded by UBS, consumer companies have collectively rebounded, with Li Ning closing up by 5.71% today.
3. China International Travel Service
China International Travel Service will release its financial report tonight, and Dolphin will track and provide interpretation and analysis.
🐬 Leading Sectors
Shanghai and Shenzhen: Professional consumer services, trading and payment services, personal care products;
Hong Kong: Residential construction companies, diversified financial services, catering services;
US Stock Market: Motorcycle manufacturers, semiconductor companies, airport operators.
🐬 Tomorrow's Focus
1. Tesla, Hong Kong Exchanges and Clearing, New Oriental Education & Technology Group, and GoerTek will release financial reports, and Dolphin will track and provide interpretation and analysis.
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