---
title: "Today's Important News Review | Dolphin Investment Research"
description: "Alibaba Tencent shake hands, Taobao plans to fully introduce WeChat Pay; Tesla officially announced its entry into China in the first quarter of next year"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/23671741.md"
published_at: "2024-09-05T08:26:49.000Z"
author: "[Dolphin Research](https://longbridge.com/en/news/dolphin.md)"
---

# Today's Important News Review | Dolphin Investment Research

## 0905 **Dolphin Focus:**

### **🐬 Stocks**

**1.** $TENCENT(00700.HK)

The 2024 Tencent Global Digital Ecosystem Conference was held at the Shenzhen International Convention and Exhibition Center. Tencent Cloud released the new Tencent Hybrid Turbo model, which is 50% cheaper than the Tencent Hybrid Pro, with a 100% improvement in inference efficiency and a 20% increase in decoding speed.

**2.** $BABA-W(09988.HK)

Alibaba's Taobao and Tencent's WeChat have made new progress in the "breaking the walls" initiative: Taobao issued a "Solicitation of Opinions on Adding WeChat Payment Capability to Taobao," aiming to enhance consumers' shopping experience by adding WeChat payment capability to Taobao. This adjustment is expected to cover all Taobao and Tmall merchants, impacting the ecosystems of both Alibaba and Tencent. The gradual transition from closed systems between giants to openness is an important milestone in the interconnection of internet platforms, leading to a rise in the stock prices of related concept stocks in today's morning session.

**3.** $Tesla(TSLA.US)

Tesla's official account Tesla AI posted on social media that Tesla plans to launch Full Self-Driving (FSD) functionality in China and Europe in the first quarter of next year. Tesla China has confirmed this news. Musk's previous expectation during the earnings call was to launch FSD by the end of this year, indicating that Tesla's FSD may have encountered some regulatory obstacles in the Chinese market.

1.  Tonight, $NIO(NIO.US) will release its financial report. Dolphin will track and provide analysis.

### **🐬 Leading Sectors**

**Shanghai and Shenzhen:** Highway Passenger Transport, Trading and Payment Services, Real Estate Services;

**Hong Kong Stocks:** Office Services and Supplies, Data Processing and Outsourcing Services, Commercial and Residential Mortgage Financing;

**US Stocks:** Kitchenware, Heavy Electrical Equipment, Automobile Manufacturers

### **🐬 Focus Tomorrow**

US seasonally adjusted non-farm employment, US unemployment rate.

Broadcom releases financial report, Dolphin will track and provide analysis.

Risk disclosure and statement for this article: [Dolphin Research Disclaimer and General Disclosure](https://support.longbridge.global/topics/misc/dolphin-disclaimer)

### Related Stocks

- [TSLL.US - Direxion Daily TSLA Bull 2X Shares](https://longbridge.com/en/quote/TSLL.US.md)
- [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md)
- [00700.HK - TENCENT](https://longbridge.com/en/quote/00700.HK.md)
- [80700.HK - TENCENT-R](https://longbridge.com/en/quote/80700.HK.md)
- [HTCD.SG - Tencent HK SDR 10to1](https://longbridge.com/en/quote/HTCD.SG.md)
- [TCEHY.US - Tencent](https://longbridge.com/en/quote/TCEHY.US.md)
- [TCTZF.US - Tencent Holdings Limited](https://longbridge.com/en/quote/TCTZF.US.md)
- [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md)
- [89988.HK - BABA-WR](https://longbridge.com/en/quote/89988.HK.md)
- [HBBD.SG - Alibaba HK SDR 5to1](https://longbridge.com/en/quote/HBBD.SG.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.