Today's Important News Review | Dolphin Research

0617 Dolphin Focus :

🐬 Macro/Industry

1. According to the data from the National Bureau of Statistics, the total retail sales of consumer goods in May reached 3.9211 trillion yuan, a year-on-year increase of 3.7%. Excluding automobiles, the retail sales of consumer goods amounted to 3.5336 trillion yuan, with a growth of 4.7%. The growth rate of retail sales rebounded, exports grew rapidly, import growth slowed down, PPI decline narrowed, and CPI remained flat year-on-year.

🐬 Individual Stocks

1. $Taiwan Semiconductor(TSM.US)

Previously, the newly appointed chairman of TSMC "indicated" the idea of raising prices. Today, there is more concrete news: it is expected that TSMC's 3nm foundry prices will increase by more than 5%, and advanced packaging prices will also see an increase of about 10%-20% next year. The market is facing a shortage of 3nm and advanced packaging capacity, leading to active performance in the semiconductor chip sector. In addition, experts from TSMC have indicated that Apple's A18 and A18 Pro orders have increased, with iPhone 16's volume adjusted from 120 million units to 95-96 million units, leading to a rise in the supply chain sector.

🐬 Leading Sectors

Shanghai and Shenzhen: Motorcycle manufacturers, electronic components, various public utilities;

Hong Kong: Electronic components, road freight transportation, human resources and employment services;

US Stock Market: Precious metals and minerals, cloud and data centers, application software.

🐬 Focus Tomorrow

1. US Retail Sales MoM, US Industrial Production MoM, US Business Inventories MoM.

Risk disclosure and statement of this article: Dolphin Research Disclaimer and General Disclosure