Xiaomi YU7 ignites the market; Meta launches multiple initiatives to push AI | Today's Important News Review

0627 ｜Dolphin Research Focus:

🐬 Macro/Industry

1. The White House spokesperson stated that the "mutual tariff exemption" originally set to expire on July 8th might be extended, with the final decision resting with Trump. This news alleviated market concerns about the escalation of short-term trade frictions. If the exemption is extended, it means that the cost pressure faced by enterprises in the short term will not increase significantly due to tariffs, and the risk of global supply chain disruption will be correspondingly reduced, which is conducive to improving market risk appetite.

2. The Hong Kong government announced the "Hong Kong Digital Asset Development Policy Declaration 2.0," covering four major areas aimed at promoting the development of Hong Kong's digital asset market. The release of this policy demonstrates the Hong Kong government's emphasis and support for the fintech sector, which is expected to attract more related enterprises to settle in and promote Hong Kong as a global digital asset trading center.

🐬 Individual Stocks

1.$XIAOMI-W(01810.HK)

The first SUV from Xiaomi Auto, Xiaomi YU7, officially launched, with orders exceeding 289,000 units within an hour of sale, far surpassing market expectations. Dolphin Research's commentary and minutes on the YU7 release have been published on the Longbridge App. For details, click to view "Xiaomi Auto: YU7 Explosive Start, Will It Knock Tesla Off the 'Throne'?", "Xiaomi Launch Event Minutes (Continued): AI Glasses and Other Hardware"

2.$Meta Platforms(META.US)

Meta has poached three OpenAI experts to bolster its "super intelligence" project. Today, it was reported that Meta is in talks to acquire AI voice startup PlayAI; additionally, a U.S. federal court ruled that Meta's use of books to train AI models constitutes "fair use." Meta's continued investment and talent acquisition in the AI field indicate its strategic layout for the future. The court's ruling also provides legal support for its AI business development, helping to boost market confidence in its future growth.

3.$Tesla(TSLA.US)

Tesla's Robotaxi debut exposed commercialization technology flaws, with test vehicles encountering multiple operational issues in open road environments, casting a shadow over Tesla's autonomous driving strategy. Meanwhile, today's launch of Xiaomi YU7, with its low price and intelligent configuration, poses a direct threat to Tesla Model Y.

🐬 Leading Sectors

Shanghai and Shenzhen: Diversified financial services, food distributors, copper;

Hong Kong stocks: Insurance brokerage companies, research and consulting services, copper;

U.S. stocks: Copper, precious metals and minerals, aluminum.

🐬 Focus Next Monday

1. China's official manufacturing PMI;

2. U.S. Chicago PMI.

Risk Disclosure and Statement of this article: Dolphin Research Disclaimer and General Disclosure