Today's Important News Review | Dolphin Investment Research

0416 Dolphin's Key Focus:

🐬 Macro/Industry

1. Preliminary calculations show that the GDP for the first quarter of the year in China reached 29.6299 trillion yuan. Calculated at constant prices, it grew by 5.3% year-on-year, and increased by 1.6% compared to the previous year's fourth quarter. Despite GDP exceeding expectations, the market still collectively fell, ignoring the positive news. There is a clear differentiation between the reality of mediocre consumption base and deteriorating real estate situation and macroeconomic data. Later, Sheng Laiyun from the National Bureau of Statistics stated that from the perspective of production, demand, and physical quantity indicators, the economic growth rate in the first quarter is in line with reality.

🐬 Individual Stocks

1. Focus on financial report analysis and conference calls

CATL: "CATL: Has the trough passed, with dawn not far away?", "Ramping up production capacity, has CATL started clearing the battlefield? (CATL 1Q24 conference call summary)"

🐬 Leading Sectors

Shanghai and Shenzhen: Residential construction companies, integrated oil and gas companies, footwear;

Hong Kong: Research and consulting services, forest products, consumer electronics;

US: Shipping ports - operators, aluminum, kitchenware.

🐬 Tomorrow's Focus

1. ASML will announce its financial report tomorrow evening, and Dolphin will track and provide interpretation and analysis.

Risk disclosure and statement for this article: Dolphin Research Disclaimer and General Disclosure