Tariff War Sees Tense Tug-of-War; Xiaomi EV Catches Fire Again｜Today's Important News Review

1013 ｜Dolphin Research Focus:

🐬 Macro/Industry

1.On the evening of the 10th, Trump announced plans to impose an additional 100% tariff on all Chinese goods starting November 1st and to initiate export controls on "critical software". In response, China will impose a "special port fee" on U.S.-made ships starting October 14th. Risk aversion sentiment pushed gold prices up, and U.S. stock futures rebounded during the Asian session on Monday, indicating that the market is betting on "extreme pressure" as a bargaining chip before negotiations. Hong Kong stocks also rebounded in the afternoon.

🐬 Individual Stocks

1.$XIAOMI-W(01810.HK)

Chengdu traffic police reported that a Xiaomi SU7 electric car caught fire after a severe collision. It was reported that the driver was trapped inside the car, and several passersby tried to open the door but failed. The accident video quickly spread, causing a new wave of negative public opinion against the company. In the short term, the brand and orders are under pressure, and Xiaomi's stock price fell more than 8% intraday today.

🐬 Leading Sectors

Shanghai and Shenzhen: Industrial gases, diversified metals and mining, gold;

Hong Kong stocks: Highway-freight, industrial gases, specialty chemicals;

U.S. stocks: Marine ports-operators, tobacco, water and soft drinks.

🐬 Focus for Tomorrow

1. None.

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