Today's Important News Review | Dolphin Investment Research
0903 Dolphin Focus:
🐬 Individual Stocks
1. $Apple(AAPL.US)
There are rumors circulating that "iPhone 16 may not support WeChat," Apple responded that they are actively communicating with Tencent on the issue of App Store commission. The reason behind this is that WeChat's functions are too powerful, such as game payments on mini-programs, which can bypass Apple's channels and directly belong to Tencent for management. At the second quarter earnings conference, Tencent publicly admitted for the first time that they are negotiating with Apple regarding the revenue sharing of WeChat mini-games. If Apple does not reach an agreement with Tencent in the end, the impact on the sales of new devices is estimated to be significant.
2. $Tesla(TSLA.US)
Reports have stated that Tesla plans to start producing a six-seater version of the Model Y in China by the end of 2025. Tesla has denied this as false news.
3. $Kanzhun(BZ.US)
Boss closed up 7% today. Last week, Boss Zhipin released its second quarter financial report, showing steady performance and progress, with management having confidence in future development. Additionally, Boss Zhipin recently announced the approval of a new share repurchase plan, expecting to repurchase up to $150 million worth of additional shares within the next 12 months. In addition, in March 2024, the company's board of directors approved a $200 million share repurchase plan. This means that the company's repurchase plan will expand to $350 million.
🐬 Leading Sectors
Shanghai and Shenzhen: Tobacco, data processing and outsourcing services, pharmaceutical retailers;
Hong Kong Stocks: Home appliance stocks, mainland property management stocks, OLED concepts;
US Stocks: IDC concepts, refining concepts, Apple concept stocks.
🐬 Focus Tomorrow
- China Caixin Services PMI, US Trade Balance.
Risk Disclosure and Statement of this article: Dolphin Research Disclaimer and General Disclosure