Today's Important News Review | Dolphin Research
0627 Focus of Dolphin:
🐬 Individual Stocks
1. $Amazon(AMZN.US)
Amazon is planning to launch a new section on its website, specifically offering low-priced fashion and lifestyle products, and allowing Chinese sellers to ship directly to American consumers with a logistics time frame of 9-11 days. The prices of the products are expected to be below $20. This move is mainly to counter the increasingly fierce competition from e-commerce startups Temu and Shein. Amazon surged nearly 4%, while Pinduoduo fell over 2%.
2. $POP MART(09992.HK)
POP MART announced that its first self-developed mobile game "Dream Home" was officially launched today. This year, POP MART has continued to launch its first card and building block products, expanding from blind boxes in the retail main business. The proportion of new categories such as cards, building blocks, and derivative products such as plush toys is gradually increasing. In addition to the retail business, POP MART is also trying to build offline parks and expand into the gaming business, making another breakthrough in IP content ecosystem construction.
3. Interpretation of Key Company Financial Reports and Conference Call Minutes
Micron: "Micron: Rising Prices Can't Sustain Thick Expectations", "Micron: Gross Margin Will Continue to Improve in the Second Half of the Year (3QFY24 Conference Call)"
🐬 Leading Sectors
Shanghai and Shenzhen: Residential construction companies, computer and electronics retailers, consumer goods retailers;
Hong Kong: Furniture/home furnishings/decor materials retailers, human resources and employment services, kitchenware;
US Stocks: Airlines - Freight, household appliances, retailers.
🐬 Focus Tomorrow
1. Apple's Vision Pro China version will officially go on sale on June 28th, starting at RMB 29,999.
2. US Personal Spending Rate, US Core PCE Price Index Rate, US Core PCE Price Index Annual Rate, US One-Year Inflation Rate Expectations Risk Disclosure and Disclaimer for this Article: Dolphin Research Disclaimer and General Disclosure