Tariff policy turmoil stirs semiconductor industry; SMIC financial report unveils tonight | Today's important news review

0807 Dolphin Research Key Focus:

🐬 Macro/Industry

1. Trump announced a 100% tariff on all imported products containing semiconductors, exempting companies that have built or committed to building factories in the U.S. This move aims to encourage the semiconductor industry to return to the U.S. In the short term, the global semiconductor supply chain will face significant disruption, and chip prices may fluctuate sharply; in the long term, it will accelerate the restructuring of the global semiconductor industry landscape. U.S. semiconductor-related companies' stock prices have fluctuated due to the favorable policy.

🐬 Individual Stocks

1.$iQIYI(IQ.US)

There are market rumors that iQIYI is considering a secondary listing in Hong Kong this year, aiming to raise approximately $300 million. iQIYI responded that there is no further information available at this time. The current Hong Kong IPO market is active, and if iQIYI proceeds with the Hong Kong listing plan successfully, it is expected to leverage the Hong Kong market to improve its financial situation and drive better business development.

2.$Miniso(MNSO.US)

MINISO's stock price rose today. In terms of news, Yonghui Superstores plans to remodel its stores following the Fat Donglai model, and MINISO's investment layout in Yonghui Superstores is beginning to show synergistic effects. As a major shareholder of Yonghui Superstores, MINISO can not only gain equity appreciation from Yonghui's performance improvement but also engage in deep collaboration with Yonghui in supply chain and channels.

3.$Apple(AAPL.US)

Apple announced an increase in its total investment in the U.S. over the next four years from the originally planned $500 billion to $600 billion, and simultaneously launched the "American Manufacturing Plan" (AMP). The additional investment can exchange for tariff exemptions, stabilize the North American market share, and stimulate a 5% overnight surge in stock price. However, attention should be paid to the potential impact on gross margins due to high domestic labor and infrastructure costs in the U.S. in the medium to long term.

4.$Baidu(BIDU.US)

Baidu plans to launch a new inference model by the end of August, which reportedly shows significant improvements in mathematical reasoning, complex task planning, and long-text logical deduction compared to the existing version. The main goal is to compete directly with inference models like DeepSeek-R1 and OpenAI's o series.

5. Dolphin Research Key Focus on Earnings Reports and Conference Call Minutes

Applovin: "Applovin: What will the ad kingpin do to amaze the audience?", "Applovin (Minutes): Self-service ad platform to launch in October this year"

Uber: "Weak ride-hailing, strong delivery, is Uber at a crossroads again?", "Uber (Minutes): Autonomous ride-hailing far from profitability, 50% cash flow to be returned to shareholders"

Unity: "Roller coaster ride, does Unity have a 'U' turning point?", "Unity (Minutes): Vector is still in early stages, it's a continuous gradual process"

Shopify: "Shopify: As long as growth explodes, other issues are not problems", "Shopify (Minutes): Strong European and North American markets are the main reasons for GMV exceeding expectations"

SMIC and China Mobile released earnings reports, and Dolphin Research will track and provide interpretative analysis.

🐬 Leading Sectors

Shanghai and Shenzhen: Consumer goods retailers, security and alarm services, food distributors;

Hong Kong Stocks: Highway-passenger transport, specialty chemicals, hardware and equipment distributors;

U.S. Stocks: Cloud and data centers, communication equipment, hardware storage and peripherals.

🐬 Focus for Tomorrow

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

2. Earnings reports from companies like Block.

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