Today's Important News Review | Dolphin Research

Dolphin Research Key Focus:

🐬 Stocks

1. $BYD COMPANY(01211.HK)

The BYD Dynasty series may see another price reduction to boost end-of-year sales. BYD shares fell during trading today, closing down by more than xx%. Dolphin Research has previously commented: Upon closer examination of the models affected by this price reduction, half of them are newly launched champion editions, with most of them being hybrid models. BYD is currently facing intense competition and pressure in the hybrid market, and its market share is being eroded. The only defensive strategy for BYD is to continuously lower prices. In addition, BYD is also facing two major challenges: breaking into the high-end market and dealing with dealer inventory backlog.

2. $Alibaba(BABA.US)

Alibaba's Taobao announced the cancellation of this year's Double 12 event. Instead, the Taobao Good Price Festival will officially begin at 8:00 p.m. on December 9th. Compared to previous Double 12 events, the discounts, number of merchants, and product offerings will all see significant improvements.

🐬 Leading Sectors

Shanghai and Shenzhen: Pharmaceutical retailers, restaurants, food retailers;

Hong Kong Stock Exchange: Food distributors, petroleum and natural gas refining and sales, industrial gases;

US Stock Market: Port operators, precious metals and minerals, security and alarm services.

🐬 Focus for Next Monday

1. None.

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