Today's Key News Review | Dolphin Research
0203 Dolphin Analyst Focusing:
🐬 Macro/Industry
1. Li Jiaqiang said that Hong Kong and Mainland China have fully opened up since February 6th, and nucleic acid requirements and appointment arrangements have been cancelled. In order to attract tourists to visit Hong Kong the day before yesterday, the Hong Kong government held a large-scale promotional event to show that Hong Kong has returned to normal and distributed a total of 500,000 tickets to overseas and mainland tourists to welcome them to Hong Kong. With multiple policies in place, it will be more conducive to the recovery and warming of industries related to Hong Kong tourism.
🐬 Individual Stocks
1. $Agilent Tech.USgilent Tech.USmazon.US
According to Amazon's third-quarter financial report, retail is still strong, and AWS has become a burden. The first-quarter guidance is sluggish and fell more than 3% after hours. Dolphin Analyst believes that Amazon is still the most upward target in the current US Internet sector. It is also important to emphasize that during the phase when market expectations for cloud business are gradually being revised downwards, Amazon's stock price is likely to decline again. For a detailed interpretation of the financial report, please see "Does Amazon Have a Future Without Bezos?".
2. $Agilent Tech.USgilent Tech.USpple.US
Apple's latest quarterly financial report is "subtle", and all businesses except the iPad business and software services are significantly below market expectations. Of course, the appreciation of the US dollar this quarter has had a negative impact on Apple's non-US dollar income, but there has also been a decline in the US market. Dolphin Analyst will release an interpretation and analysis tonight, please stay tuned.
3. $Genpact.USenpact.USoogle-A.US
Overall, Google's fourth-quarter financial report did not perform well, and the core reason is the unstable macro environment. According to research information from advertising agents, cautious advertisers in the fourth quarter caused the industry to be weak, and this trend continued into January of this year. Google fell more than 6% after hours. However, if you take a medium- to long-term perspective of overcoming this year's low point, Dolphin Analyst still sees Google's long-term competitiveness, driving profitability back to a normal growth range. For an interpretation of Google's financial report, please see "Under Short-term Pressure, Google Should Learn from Meta".
4. $Genpact.USenpact.USoerTek.SZ
GoerTek's stock touched the daily limit today. On the news side, Guo Mingchi, an analyst at TF International, said that GoerTek is expected to resume production of AirPodsPro2. He also stated that orders for AirPods2, AirPods3, and other parts have been confirmed and are not affected. He concluded that GoerTek's worst negative impact due to quality problems with AirPods Pro2 has passed and the current situation is far better than investors thought. GoerTek stated that it has not yet received news of customer recovery orders.
🐬 Leading Sector
Shanghai and Shenzhen: IT Services II, Software Development, Military Industry Electronics II; Hong Kong and US stock markets: For Hong Kong, we are watching diversified retailers, hotels and resorts, and clothing. For the US market, we are keeping an eye on internet content and information, industry distribution, and advertising agencies.
🐬 Dolphin Analyst Focus Next Week:
1. None for the moment.
⚠️ The companies covered by Dolphin Analyst in the above text are marked in red. You can search for "海豚投研" on Longbridge App (click here to download) to access the research reports and historical performance data of these companies, including summaries of their past performance meetings.
Risk disclosure and statement for this article: Dolphin Analyst Disclaimer and General Disclosure
