U.S. CPI data due tonight; Kuaishou tumbles on Kling-related concerns
0812 ｜Dolphin Research Key Focus:
🐬 Macro/Industry
1. China and the United States announced a 90-day suspension of the 24% tariff starting August 12, while retaining the remaining 10% tariff imposed on these goods as per relevant executive orders. The Sino-US trade friction has eased in the short term, which helps stabilize market expectations, reduce trade costs for enterprises, and has a positive impact on the economic and trade exchanges between China and the US as well as the global economy.
2. At 8:30 PM tonight, the US Bureau of Labor Statistics (BLS) will release the July CPI inflation report, just 11 days after Trump dismissed BLS Director McInturff. The market generally expects that tariff-driven price increases are likely to push inflation higher again, making the report data worth close attention.
🐬 Individual Stocks
1.$KUAISHOU-W(01024.HK)
Kuaishou fell over 9% today amid market rumors that its video generation model "Kling AI" saw a month-on-month revenue decline of about 8% in July 2025 compared to June. If the rumors are true, it may reflect certain challenges in the development of the Keling business. However, this information has not been officially confirmed, and the subsequent revenue performance needs to be monitored through the company's financial disclosures and business development updates.
2.$Tesla(TSLA.US)
Tesla's China website officially launched the Model 3 Long Range Rear-Wheel Drive version (hereafter referred to as "Long Range RWD"). The new car has a CLTC-rated range of 830 km and accelerates from 0 to 100 km/h in 5.2 seconds, with an official guide price of 269,500 yuan. Meanwhile, the high-performance all-wheel-drive version's range has also been upgraded to 647 km, with the price remaining unchanged at 339,500 yuan. Orders placed before August 31 come with multiple benefits, and the current market feedback is relatively positive.
3. Tonight, Sea, Circle, Tencent Music, Yuewen, and Moutai will release their financial reports. Dolphin Research will track and provide interpretative analysis.
🐬 Leading Sectors
Shanghai and Shenzhen: Trading and payment services, semiconductor manufacturers, consumer finance;
Hong Kong Stocks: Computer and electronic product retailers, research and consulting services, brewing industry;
US Stocks: Marine port operators, automobile manufacturers, fertilizers and pesticides.
🐬 Focus for Tomorrow
1. Tencent will release its financial report.
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