Trump Threatens 50% Tariff on Copper Imports; JD Logistics Launches 'Double Century' Initiative | Today's Important News Recap

0709 ｜Dolphin Research Key Focus:

🐬 Macro/Industry

1. On July 8th, U.S. President Trump threatened to impose a 50% tariff on imported copper and a 200% tariff on imported pharmaceuticals. Copper and pharmaceuticals are crucial components of the global supply chain, and the U.S. tariff policy could significantly impact the global supply chain. This move aims to encourage the return of related industries to the U.S. and reduce foreign dependency, but it may also provoke retaliation from other countries, exacerbating trade tensions.

🐬 Individual Stocks

1.$JD.com(JD.US)

JD.com Bulletin announced that JD.com Takeaway has seen sales exceed one million for nearly 200 restaurant brands within four months of its launch. Additionally, JD.com Takeaway officially announced the launch of the "Double Hundred Plan," which will invest over 10 billion yuan to support more category-leading brands in achieving sales of over one million. This plan further demonstrates JD.com's commitment to quality takeaway services, while also intensifying competition in the takeaway market, potentially prompting other platforms to introduce similar initiatives.

2.$Kanzhun(BZ.US)

BOSS Zhipin's stock price surged today following the company's recent completion of a new share issuance, raising over HKD 2.2 billion. The primary purpose of this issuance is not merely fundraising but to increase share liquidity, attracting more Hong Kong investors and institutions to participate and share in the company's growth dividends. Post-issuance, the company has a more robust capital reserve and enhanced liquidity, laying a foundation for future business expansion and increased market competitiveness. This positive move has been recognized by the market, driving the stock price up.

3.$Meta Platforms(META.US)

It is reported that Meta has acquired approximately 3% of the shares of EssilorLuxottica SA, the world's largest eyewear manufacturer, for about $3.5 billion. This move indicates Meta's increased investment in the smart glasses market, showcasing its strategic layout in the emerging technology sector.

🐬 Leading Sectors

Shanghai and Shenzhen: Residential construction companies, consumer finance, data processing and outsourcing services;

Hong Kong Stocks: Oil and gas refining and sales, pharmaceuticals, electrical components and equipment;

U.S. Stocks: Tires and rubber, diversified chemicals, industrial chemicals.

🐬 Focus for Tomorrow

1. China's M2 money supply year-on-year rate.

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