Hong Kong stocks rose under pressure; Jensen Huang arrived in Beijing | Today's important news review

0417｜ Dolphin Research Key Focus:

🐬 Macroeconomics/Industry

1. Federal Reserve Chairman Jerome Powell stated that "there's no rush to cut interest rates," and his hawkish remarks directly shattered market expectations for easing policies. Coupled with the Trump administration's indecisiveness on tariff policies, this has intensified market panic, leading to a rapid collapse of the Nasdaq and a significant drop in U.S. stocks last night. However, Hong Kong stocks withstood the pressure today, collectively rising.

🐬 Individual Stocks

1. $TENCENT(00700.HK)

Tencent has accelerated the integration of AI technology, announcing yesterday that its AI assistant "Yuanbao" has officially entered WeChat, allowing users to directly experience Yuanbao AI services in the WeChat chat interface. "Yuanbao" features a dual-mode engine of Hunyuan and DeepSeek, seamlessly connecting with the WeChat ecosystem, providing one-click analysis of public account articles, images, and document services.

2. $NVIDIA(NVDA.US)

Recently, the repeated impact of H20 export restrictions has increasingly pressured NVIDIA, causing fluctuations in its stock price. Last night, NVIDIA stated, "The U.S. government has provided guidance on the products that American companies can sell and the locations for sale, and we strictly adhere to the government's instructions." Today, at the invitation of the China Council for the Promotion of International Trade, NVIDIA CEO Jensen Huang arrived in Beijing, making this visit significant for cooperation between both parties.

3. Core Focus on Earnings Report Interpretation and Conference Call

1) TSMC's earnings report was released, showing good Q1 revenue and gross profit, although there are concerns in the market regarding the company and industry due to recent tariff events. However, the company maintained its annual revenue growth target (around 25%) and annual capital expenditure target (USD 38-42 billion), further stabilizing market confidence. Tonight, Dolphin Research will provide a detailed interpretation and analysis, welcome to follow.

1. ASML:《 ASML: Order Decline "Triggers Alarm," Will Tariffs Strike Again?》、《 ASML (Minutes): Even if Tariffs Are Implemented, They Should Not Be the Main Bearer》

🐬 Leading Sectors

Shanghai and Shenzhen: Catering services, water and soft drinks, recreational facilities such as sports venuesHong Kong Stocks: Packaging, stadiums and other leisure facilities, video games and multimedia;

U.S. Stocks: Precious metals and minerals, gold, oil and gas exploration and production.

🐬 Tomorrow's Focus

1. Good Friday and Easter market closure, Hong Kong stocks will be closed from April 18 (Friday) to April 21 (Monday), U.S. stocks will be closed on April 18 (Friday), with no night trading from 8:00 AM to 4:00 PM Beijing time;

2. Netflix and Hikvision will release their financial reports, Dolphin Research will track and provide interpretative analysis, welcome to follow.

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