Trade War Uncertainty Lingers; Yuewen Bets on Collectible Toys for Growth Reinvention｜Today's Important News Review

0708｜Dolphin Research Key Focus:

🐬 Macro/Industry

1. Trump signed an executive order to postpone the "reciprocal tariffs" grace period from July 9 to August 1. Meanwhile, he announced that starting August 1, the U.S. will impose varying tariffs on imports from several countries, including Japan, South Korea, Kazakhstan, and Malaysia, such as a 25% tariff on products from Japan and South Korea. This move by the U.S. impacts export companies from these countries to the U.S., increasing uncertainty in trade tensions.

🐬 Individual Stocks

1.$CHINA LIT(00772.HK)

Yuewen's stock rose over 4% today, announcing a strategic investment in Softopia Super Vitality Factory, entering the plush toy trend sector. In recent years, the digital reading market has become increasingly saturated, with competition intensifying. Yuewen Group urgently needs to find new growth curves. By investing in Super Vitality Factory, it can enter the popular plush toy sector, enhancing its IP derivative business landscape.

2.$Tesla(TSLA.US)

Tesla's stock price plummeted last night due to Musk's public fallout with Trump and his declaration to form a new political party, as well as his confrontation with U.S. Treasury Secretary Besent. This may affect Tesla's support at the policy level in the U.S., exacerbating investors' concerns about its future development, compounded by Tesla's recent sales decline, leading to a continuous drop in stock price.

3.$Wolfspeed(WOLF.US)

Former silicon carbide giant Wolfspeed's stock surged over 95% last night, mainly due to the company's announcement of appointing Gregor van Issum as the new CFO. The new Chief Financial Officer recently served as Executive Vice President and Group Controller at ams OSRAM, and also as Chief Transformation and Performance Officer. He previously held the position of Strategic Vice President for Secure Transactions and Identification Solutions at NXP Semiconductors. The new CFO will also continue to drive the company's debt restructuring, which is expected to be completed by the end of the third quarter.

🐬 Leading Sectors

Shanghai and Shenzhen: Tobacco, Data Processing and Outsourcing Services, Commercial Printing;

Hong Kong Stocks: Research and Consulting Services, Managed Healthcare, Semiconductor Materials and Equipment;

U.S. Stocks: Precious Metals and Minerals, Highway-Passenger, Security and Alarm Services.

🐬 Focus for Tomorrow

1. China's CPI Year-on-Year;

2. U.S. Wholesale Sales Month-on-Month.

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