Tonight at 7 PM! Xiaomi SU7 Ultra is here; JD.com launches the first round of takeaway subsidies | Review of today's important news

0227 Dolphin Research Key Focus:

🐬 Individual Stocks

1. $JD.com(JD.US)

Starting today, JD.com has launched its first round of delivery subsidies, introducing a "randomly receive 10 yuan/20 yuan meal subsidy" promotion, initially covering university students certified by JD.com and JD PLUS members. The order volume on JD's delivery platform is still in its early stages, primarily targeting Meituan through three main strategies: "focusing on quality delivery (recruitment limited to 'quality dine-in restaurants') + zero commission differentiated attack + promoting delivery personnel protection system." Now, with the introduction of subsidies, the delivery battle between JD and Meituan continues to escalate.

$XIAOMI-W(01810.HK)

Xiaomi's high-end smart electric vehicle SU7 Ultra will be launched tonight at 7 PM. Additionally, Xiaomi will release a high-end smartphone, the Xiaomi 15 Ultra, marking two important products in Xiaomi's push towards the high-end market. Xiaomi's stock price rose over 4% during the day, setting a historical record for Xiaomi Group's stock price, and there were even rumors that founder Lei Jun briefly surpassed Nongfu Spring founder Zhong Shanshan to become China's new richest person, which Lei Jun later called "fake news." Xiaomi's stock turned to decline in the afternoon, ultimately closing down 5.68%.

$AppLovin(APP.US)

After The Bear Cave released a cautious assessment of the company a few days ago, AppLovin has again faced scrutiny from multiple short-selling institutions. Culper and Fuzzy Panda both pointed out that AppLovin has been abusing app permissions to automatically install applications on users' phones in the background without their consent, which is key to its revenue growth but violates Google and Apple App Store policies, posing risks of regulatory scrutiny and hefty fines. AppLovin has recently accelerated its decline, with the company's stock price dropping over 36% in the last five trading days. Dolphin Research will provide a more detailed commentary on this matter later, stay tuned.

$KE(BEKE.US)Beijing will launch a pilot program for direct payment of housing provident fund for rent, where the provident fund center will directly pay the withdrawable housing provident fund of contributors to housing rental agencies on a monthly basis. Beijing Xinfeng Housing Rental Co., Ltd., a subsidiary of Beike Zhaofang, has become one of the first pilot enterprises for the provident fund "direct rent payment" business and is the only non-public enterprise.

5、 $Baidu(BIDU.US) / $CATL(300750.SZ)

Baidu has signed a strategic cooperation agreement with CATL, and the two parties will cooperate in the two core areas of autonomous driving and digital intelligence, jointly promoting the popularization and development of autonomous driving travel services, as well as the application and promotion of AI in industry.

6、 Core Focus on Financial Report Interpretation and Conference Calls

NVIDIA:《 NVIDIA: Deepseek, has it pierced Huang's "leather jacket"?》、《 NVIDIA (Minutes): Shipment ratio to China remains unchanged》

Salesforce:《 Salesforce: Do intelligent agents need to spend money first to make money later?》、《 Salesforce (Minutes): The "Holy Trinity" of applications, data, and intelligent agents》

🐬 Leading Sectors

Shanghai and Shenzhen: Retailers, clothing retailers, petroleum and natural gas refining and sales;

Hong Kong Stocks: Consumer goods retailers, human resources and employment services, agricultural products;

U.S. Stocks: Beer manufacturing, heavy electrical equipment, independent power and renewable energy power producers.

🐬 Attention for Tomorrow

1、 The new XPeng G6 officially debuts.

2、 U.S. personal spending month-on-month, U.S. core PCE price index month-on-month, U.S. core PCE price index year-on-year;

3、 Duolingo will release its financial report, and Dolphin Research will track and provide interpretative analysis.

Risk disclosure and statement of this article: Dolphin Investment Research Disclaimer and General Disclosure