NIO Jumps Ahead of ONVO L60 Launch; Tesla to Report Earnings Soon

0723 ｜Dolphin Research Focus:

🐬 Macro/Industry

1. Trump announced that the United States and Japan have reached a trade agreement, reducing the planned reciprocal tariff rate from 25% to 15%. Japan will also invest $550 billion in the United States and open its market for rice and other agricultural products. The reduction in tariffs is a significant benefit for Japanese export companies, such as the automotive industry, as export costs decrease, competitiveness in the U.S. market improves, and it helps to expand sales and profitability. Today, Japanese automotive stocks reacted positively.

🐬 Individual Stocks

1.$NIO(NIO.US)

Nio's stock surged over 10% intraday today. Since July, Nio's stock price has risen significantly, with a cumulative increase of over 40%. Previously, Nio launched the ONVO L90, with a starting price of 279,900 yuan, and the battery rental plan starting at 193,900 yuan. Last night, Li Bin posted on Weibo that starting from July 23, the ONVO L90 will fully commence dynamic test drive experiences. The product pricing strategy and new car launch have stimulated market expectations, with optimism about new car sales and future profitability, leading to a substantial influx of funds pushing the stock price higher.

2. Dolphin Research Core Focus on Earnings Reports and Conference Calls

Coca-Cola: "Coca-Cola: Is 'Happy Fat House Water' still the most stable safe haven?", "Coca-Cola (Minutes): Confident in achieving positive sales growth in the second half of the year"

🐬 Leading Sectors

Shanghai and Shenzhen: Data processing and outsourcing services, multi-line insurance, life and health insurance;

Hong Kong stocks: Paper products, investment services and holding companies, internet content and information.

U.S. stocks: Residential construction companies, kitchen utensils, distributors.

🐬 Focus for Tomorrow

1. Tesla and Google will release their earnings reports, and Dolphin Research will track and provide interpretative analysis.

2. U.S. S&P Global Manufacturing PMI preliminary value, U.S. S&P Global Services PMI preliminary value.

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