Automobile Manufacturers

LEAPMOTOR

Today’s Key News Recap

NVDA

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AAPL

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0317 | Dolphin Research Focus: 🐬 Stock #1, $NVIDIA(NVDA.US) — NVIDIA's GTC 2026 officially kicked off, and founder &amp; CEO Jensen Huang delivered the keynote.He announced a Vera Rubin Space Module under the next-gen Vera Rubin architecture, designed for orbital data centers, delivering 25x performance vs. H100.He also unveiled a partnership with Groq to co-develop new LPU chips...

MediaAlpha

NVIDIA

Vera Therapeutics

Meta Platforms

CHINA LIT

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Alibaba HK SDR 5to1

Alibaba

BEKE-W

Maase 

Apple

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H World

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Tencent HK SDR 10to1

Tencent

Tencent Holdings Limited

Apple Group

NVDA GTC in focus; Alibaba 'Token strategy' ramps up | Daily News Recap

Conference Minutes

STLA

We maintain the 2026 net profit target at RMB 5 bn. Guidance unchanged.

Sensata Tech

Stellantis NV

Leapmotor (4Q25 Trans): 2026 sales target unchanged at 1mn units---

Financial Analysis

The latest results were solid. They again highlight Leapmotor's consistent, steady operating discipline.

ZEEKR Intelligent Tech

Leapmotor: Can its overseas blockbuster model really hit 1 mn units and 'lead' China's new EV upstarts?---

Leapmotor 4Q25 First Take: the company delivered a solid, in-line quarter. It demonstrated steady operating discipline.Management had guided that heavier promotions would offset scale benefits, leaving GPM flat QoQ. That set a conservative bar.However, GPM still rose 50bps QoQ to 15%. Despite lower ASPs due to promotions and a mix shift toward lower-priced models, the QoQ uptick was driven by three factors.Drivers included ongoing cost-down through platformization and in-house R&amp;D/manufacturing, and further scale effects. In Q4, other income also lifted GPM; with faster overseas ramp, carbon credit revenue recognition likely doubled vs. last quarter.On opex, sales expense was RMB 1.3bn, up QoQ on heavier ad spend and concurrent network expansion. R&amp;D and admin were well controlled and declined QoQ. OP reached RMB 220mn, above the market’s ~RMB 60mn expectations. $LEAPMOTOR(09863.HK)

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0316 ｜Dolphin Research Focus: 🐬 Macro/Industry 1) National Bureau of Statistics (NBS) data show that Jan–Feb 2026 industrial VA for above-scale enterprises and total retail sales both beat expectations. Retail sales rose 2.8% YoY, above the 2.5% consensus and vs. 0.9% prior, with the growth rate accelerating by 190bps vs. the previous reading. Consumption is seeing a mild recovery, aided by Lunar New Year seasonality and policy support. On the industrial side, high-tech and equipment manufacturing led the gains. 🐬 Single stock 1) $XIAOMI-W(01810.HK) Xiaomi Auto officially announced...

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Xiaomi Corporation

Xiaomi HK SDR 2to1

BYD COMPANY

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BYD HK SDR 10to1

BYD Company Limited

BYD Company

Atour

ANT GROUP

BOYD Gaming

Xiaomi next-gen SU7 launch date set; BABA to roll out enterprise AI agents | Daily News Recap

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0302 | Dolphin Research Focus: 🐬 Macro/Industry1) Geopolitical tensions in the Middle East have flared, with US/Israel–Iran frictions escalating and risk aversion rising across global markets. As a result, international gold and silver opened broadly higher on Mon., with safe-haven assets bid. Geopolitics remains the key near-term catalyst for precious metals, as flight-to-safety inflows support gold and silver.2) With the Lunar New Year holiday and a slower spending cadence, the dual impact was evident. Feb deliveries among China EV startups were mixed...

Gold.com

Dutch Bros

Paramount Global

Warner Bros. Discovery

LI AUTO-W

Li Auto

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NIO Inc. USD OV

NIO Inc

Netflix

Haven Rush Ignites Gold & Silver; BYD to Host 'Disruptive Tech' Press Event｜Daily News Recap

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GOOG

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0202 | Dolphin Research Focus: 🐬 Macro/Industry 1) International precious metals have sold off sharply since the weekend, with gold and silver down materially on a hawkish Fed chair nominee, a stronger USD and higher UST yields, concentrated profit-taking, and deleveraging by levered funds. The violent swings highlight fragile risk sentiment; near term, the market likely chops in a consolidation range with elevated vol risk.2) EV startups posted their first Jan delivery prints with wide divergence in YoY growth, and Leapmotor led the pack with 32,059 units. ...

Alphabet - C

Alphabet

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POP MART HK SDR 20to1

CHINA MOBILE

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CN Mobile HK SDR 5to1

China Mobile

Unity Software

Allianzim US Large Cap Buffer10 Mar ETF

Gold and silver slump, cooling the market; BABA's Qwen adds RMB 3 bn for Lunar New Year | Daily News Recap

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1229 | Dolphin Research Focus: 🐬 Macro/Industry 1) On Dec 27, MIIT established the 'Humanoid Robotics and Embodied Intelligence Standardization Technical Committee' in Beijing. The committee is chaired by the ministry's Chief Engineer, with the secretariat housed at the Beijing Electronics Society.Corporate members account for 50%+, including leaders such as Xiaomi and Huawei. Its mandate is to set standards across foundational technologies, key components, and safety, prioritizing urgent areas like multimodal perception and system-level safety, while aligning with Intl norms.This is a key milestone for industry standardization. Unified standards can lower component compatibility costs...

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Amazon

National Standards Committee for Humanoid Robots Formed; Huawei and Xiaomi Join; FAW invests RMB 3.7bn in Leapmotor | Daily News Recap

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1209 | Dolphin Research Focus: 🐬 Macro/Industry 1) Hong Kong Exchanges and Clearing Ltd. (HKEX) announced the HKEX Tech 100 Index, tracking the 100 largest Southbound Stock Connect-eligible tech names across six themes, including AI, biotech, and autonomous driving. The index fills a gap for a broad-based vehicle covering diversified China tech in HK and could attract more southbound flows.🐬 Single Stock 1) $NVIDIA(NVDA.US). Trump posted on Truth Social...

HKEX

Bio-Techne

Mirae Asset Global Investments Co., Ltd.

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Hong Kong Exchanges and Clearing (HKEX)

GraniteShares 2x Long NVDA Daily ETF

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YieldMax NVDA Option Income Strategy ETF

Direxion Daily NVDA Bear 1X ETF

T-Rex 2X Long NVIDIA Daily Target ETF

T-Rex 2X Inverse NVIDIA Daily Target ETF

Morgan Stanley

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

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MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

HKEX debuts flagship Tech Index; NVDA H200 cleared for China exports | Daily News Recap

ONVO

VIVS

TSLA

Confident in achieving quarterly breakeven in the fourth quarter

North American Energy Par

Organovo

VivoSim Labs

Tesla

Quanex Building Products

Nio (3Q25 Minutes): Expects 20% vehicle gross margin in 2026, achieving full-year Non-GAAP profitability

Leapmotor Delivered 50,029 Vehicles in March, Up 35% YoY

Zhu Jiangming and Shareholder Increase Holdings in Zero Run Auto

Leapmotor Announces Latest Sales Report with Over 9000 Orders on Weekend

Leapmotor Establishes Zhejiang Linghao Thermal Control Co., Ltd. in Zhejiang

Leapmotor Launches New SUV Model A10

Leapmotor Encourages Employees to Voluntarily Surrender Improper Gains with Amnesty Period

Huaxing Capital Maintains Buy Rating on Zhejiang Lixiang Technology H Shares

Leapmotor Opens European Innovation Center in Munich

Leap Motor Achieves Strong Sales Growth in Italy's Pure Electric Vehicle Market in February

CITIC CLSA Downgrades Zero Run Car Target Price to 60 Yuan

CMBI Raises Profit Forecast but Cuts Target Price for ZeroRun Auto

Citi Remains Bullish on ZeroRun Auto's Future Prospects, Maintains 'Buy' Rating

BOA Securities Adjusts Leapmotor's 2026 Performance Forecast and Offers Target Price

Leapmotor Announces 2025 Annual Earnings Call Summary, 2026 Net Profit Target of 5 Billion

Leapmotor to Continue Expanding Sales Network Layout in International Markets in 2026

LEAPMOTOR(09863.HK)

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