Xiaomi Yu to Debut at the End of July; Heartbeat International Version Goes Viral, Stock Price Soars | Today's Important News Recap

0616 ｜Dolphin Research Focus:

🐬 Macro/Industry

1. According to the National Bureau of Statistics, in May, the total retail sales of consumer goods reached 4,132.6 billion yuan, a year-on-year increase of 6.4%, with the growth rate accelerating by 1.3 percentage points compared to April. The policy of replacing old appliances with new ones drove growth in categories such as home appliances and communication equipment by over 30%, becoming the biggest highlight.

🐬 Individual Stocks

1.$XIAOMI-W(01810.HK)

Lei Jun, Chairman of Xiaomi Corporation, announced that Xiaomi Yu 7 will be released at the end of June. Lei Jun denied the rumor of a 199,000 yuan price, hinting at a "300,000 plus" pricing to compete with Model Y, with the main model (Pro version) expected to be priced between 250,000 to 300,000 yuan, and the top configuration possibly exceeding 350,000 yuan. If the pricing strategy is clear, YU7 is expected to become a significant disruptor in the mid-to-high-end SUV market.

2.$XD INC(02400.HK)

XD Inc. surged nearly 10%, reaching a new high since December 2021. On one hand, the international version of "Ethereal" launched on June 5th performed strongly in the European and Southeast Asian markets. As of June 15th, the game ranked in the top 10 on the Singapore iOS chart and entered the top 20 in countries like France, Thailand, and the Philippines, with the first month's international version revenue expected to reach 100 million yuan. On the other hand, based on the strong performance of "Ethereal" and "XD Town" overseas versions, CICC raised XD Inc.'s target price by 51% from HKD 36.7 to HKD 55.5. Driven by dual benefits, XD's stock price rose strongly.

🐬 Leading Sectors

Shanghai and Shenzhen: Trading and payment services, film and entertainment, security and alarm services;

Hong Kong stocks: Data processing and outsourcing services, oil and gas refining and sales, trading and payment services.

U.S. stocks: Agricultural products, oil and gas exploration and production, diversified chemicals.

🐬 Focus for Tomorrow

1. U.S. retail sales monthly rate, U.S. import price index monthly rate, U.S. industrial production monthly rate, U.S. business inventory monthly rate.

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