Today's Important News Review | Dolphin Investment Research

1028 Dolphin Focus:

🐬 Macro/Industry

1. The central bank announced this morning that it will start using open market repurchase agreements as a tool for reverse repurchase operations, indicating that the central bank is continuously injecting liquidity into the market to boost market confidence, which is a positive factor for the stock market. In addition, there is another piece of news that a large-scale incremental policy is expected to be implemented in November, and the market started to turn around in the morning.

🐬 Individual Stocks

1. $BABA-W(09988.HK)$Alibaba(BABA.US)

Over the weekend, Alibaba agreed to pay $433.5 million (approximately RMB 3.087 billion) to settle a class-action lawsuit in the United States related to antitrust behavior. However, Alibaba also emphasized that it does not admit any wrongdoing, but is settling to avoid the cost and disruption of further litigation. For a company of Alibaba's size, it is wiser to "spend a little money to settle big matters" to avoid a long and costly legal battle.

2. Focus Media will release its financial report tonight, and Dolphin will track and provide analysis.

🐬 Leading Sectors

Shanghai and Shenzhen: Data processing and outsourcing services, tobacco, diversified capital markets;

Hong Kong Stocks: Steel, asset management and custodian banks, footwear;

US Stocks: Kitchenware, seaport operators, automobile manufacturers.

🐬 Tomorrow's Focus

1. On October 29th at 19:00, Xiaomi will hold its annual flagship launch event, where the Xiaomi 15 series, Xiaomi Surge OS 2, and the Xiaomi SU7 Ultra production version will be unveiled.

2. Tsingtao Brewery will release its financial report.

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