The "Spring Festival Gala of the Technology Industry" CES feast is about to begin. What information is worth paying attention to? Apple may delay the application of 2-nanometer chips | Today's important news review

0106 [Today's Important News Review｜Dolphin Investment Research]

Dolphin focuses on:

🐬 Macroeconomics/Industry

1. China's Caixin Services PMI for December is 52.2, up 0.7 percentage points from November, indicating accelerated expansion in service sector activities. Although the service sector has shown some expansion, it has not offset the slowdown in manufacturing output growth, with China's Caixin Composite PMI for December recorded at 51.4, down from the previous value of 52.3. Today, both Hong Kong and A-shares experienced a slight decline overall, as the recent surge in influenza infections has led to a relatively strong performance in the A-share pharmaceutical sector.

2. Known as the "Spring Festival Gala of the tech industry," CES 2025 (International Consumer Electronics Show) will kick off from January 7 to January 11 in Las Vegas, USA. NVIDIA is scheduled to hold a press conference at 21:30 EST on Monday, where Jensen Huang will announce its latest developments in AI, including the highly anticipated GeForce RTX 50 graphics card. AMD will hold a press conference at 14:00 EST on Monday, expected to launch its next-generation GPU to compete with NVIDIA's RTX 5000. Today, U.S. chip stocks rose collectively in after-hours trading.

🐬 Individual Stocks

1. $Taiwan Semiconductor(TSM.US)

Apple originally planned to use TSMC's 2nm chips in the iPhone 17 series, set to launch in 2025, but recent news indicates that due to the high cost of this process, with each silicon wafer priced at up to $30,000, Apple has been forced to delay this plan. The postponement of the 2nm chip application may affect Apple's competitiveness in the high-end smartphone market, which has already seen disappointing sales in recent years, while for TSMC, the hesitation of its largest customer also signals certain risks.

🐬 Leading Sectors

Shanghai and Shenzhen: Pharmaceutical retailers, clothing retailers, motorcycle manufacturers;

Hong Kong stocks: Baby and toddler products, tobacco concepts, port shipping stocks.

U.S. stocks: Shipping port operators, automobile manufacturers, heavy electrical equipment.

🐬 Attention for Tomorrow

1. China's foreign exchange reserves;

2. U.S. trade balance, U.S. ISM Non-Manufacturing PMI.

This article's risk disclosure and statement: Dolphin Investment Research Disclaimer and General Disclosure