XPeng and Huawei's blockbuster collaboration; Meta teams up with Hollywood | Recap of today's important news

0605 |Dolphin Research Key Focus:

🐬 Macro/Industry

1、US May ADP employment data increased by only 37,000, far below the expected 110,000, coupled with the ISM Services PMI falling below the 50 boom-bust line, strengthening expectations for a September rate cut. Affected by this, US Treasury yields fell across the board, with the 10-year Treasury yield once falling by nearly 10 basis points. Continued vigilance is needed against potential short-term volatility caused by the repeated changes in Trump's tariff policies. Although the US Court of International Trade had previously blocked Trump's tariff policies from taking effect, he has appealed, and the direction of tariff policies remains uncertain.

🐬 Stocks

1、$XPeng(XPEV.US)

XPeng's official Weibo account announced that Huawei and XPeng, two industry leaders, have joined forces to deeply integrate the industry's strongest HUD hardware solution with the industry's strongest software capabilities. The "Chasing Light Panoramic" head-up display will debut in the XPeng G7 and feature three major industry functional scenarios. XPeng itself has achieved significant results in electric vehicle technology and autonomous driving algorithms. With the support of technologies like Huawei's XHUD, the G7 is expected to strongly compete with rivals such as Nio ES6 and Li Auto L series, potentially changing the competitive landscape of the new energy vehicle market.

2、$CHINA LIT(00772.HK)

China Literature's stock price rose by over 7% today. On the news front, China Literature announced a related-party transaction, with its Chinese operating entity acquiring a total of 26.67% equity in Wuhan Yihuatiankai Culture Communication from an independent third party for a total consideration of approximately RMB 325 million. After the transaction, although Yihuatiankai will not become a subsidiary of China Literature and its financial statements will not be consolidated, China Literature will be able to further strengthen vertical complementarity with Yihuatiankai in the IP value chain. Yihuatiankai has achieved outstanding results in the field of animation creation, with its representative work "Spirit Cage" garnering over 580 million views on Bilibili and nearly 9 million followers. In the future, the two parties are expected to achieve deep business synergies in animation, comics, games, and other fields.

3、$Meta Platforms(META.US)

According to foreign media reports, Meta is actively seeking cooperation with Hollywood to create exclusive immersive video content for its Horizon OS ecosystem. Currently, Meta has extended olive branches to Disney, independent film label A24, and other film and television companies, offering millions of dollars in content procurement bids. This cooperation is a key part of Meta's layout in the metaverse and virtual reality fields. If it can produce hit content, it will attract more users to Meta's metaverse ecosystem. However, attention must also be paid to the integration of creative styles, copyright ownership, and other practical feasibility issues during the cooperation process.

🐬 Top Gainers

Shanghai-Shenzhen: Delivery and payment services, data processing and outsourcing services, cloud and data centers;

Hong Kong: Silver, cloud and data centers, consumer goods retailers;

US: Motorcycle manufacturers, residential construction companies, silver.

🐬 Tomorrow's Focus

1、US seasonally adjusted non-farm payrolls, US unemployment rate;

2、Broadcom and lululemon to release earnings reports; Dolphin Research will track and provide analysis.

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