--- title: "NIO ES9 Debuts Tonight; Qunhe Tech races to be first IPO among Hangzhou’s Six | Daily News Recap" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39794940.md" description: "Apr 9 | Dolphin Research Focus: 🐬 Macro/Industry. The Fed released the minutes of its Mar meeting on Wed afternoon ET, with most officials favoring holding rates until inflation returns to 2% on a sustained basis.They also noted that volatility in oil markets tied to the Middle East could add to price pressures. The IMF raised its 2026 global growth forecast to 3.3% but warned that geopolitical tensions could weigh on trade.Overall, the minutes read as 'hawkish-neutral', and markets further priced out a Jun rate cut. In the near term, with strong nonfarm payrolls and a cautious tone in the minutes, UST yields may stay elevated and choppy, pressuring high-multiple tech." datetime: "2026-04-09T08:42:38.000Z" locales: - [en](https://longbridge.com/en/topics/39794940.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39794940.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39794940.md) author: "[Dolphin Research](https://longbridge.com/en/news/dolphin.md)" --- # NIO ES9 Debuts Tonight; Qunhe Tech races to be first IPO among Hangzhou’s Six | Daily News Recap ## 0409 ｜**Dolphin Research Watchlist** ## **🐬 Macro / Industry** **1.** The Fed released its Mar FOMC minutes on Wed afternoon ET, with most officials favoring keeping rates on hold until inflation is clearly back toward 2%, and noting Middle East-driven oil volatility could lift inflation. The IMF raised its 2026 global growth outlook to 3.3% but warned that geopolitical tensions could weigh on trade. The minutes read hawkish-neutral, cooling market odds of a Jun cut. In the near term, a strong nonfarm print plus a cautious tone suggest UST yields may stay elevated and choppy, pressuring high-multiple tech. ## **🐬 Single Stocks** **1.**$NIO-SW(09866.HK) Nio unveiled its new flagship all-electric SUV ES9 at 19:00 tonight and opened pre-sales, positioning it as an 'intelligent electric executive flagship'. Built on the 3rd-gen BEV platform with a 5nm ADAS SoC and the SkyRide intelligent chassis, it offers up to 620 km CLTC range, with launch expected by end-May and first deliveries on Jun 1. Nio's HK shares rose over 4% intraday today. ES9 completes the flagship lineup and is a key placement for Nio's product super-cycle into 2026, with battery swap plus the intelligent chassis reinforcing its premium moat. The rally reflects expectations that it can open up the RMB 500–600k large EV SUV segment. **2.**$Apple(AAPL.US) To secure Samsung's first 'near-crease-free' foldable display panels, Apple agreed to exclusively source foldable OLEDs from Samsung Display for the next three years, using CoE encapsulation and M14 emitters. Mass production starts in Q2, with ~3 mn panels in the first batch this year, below market expectations. The first foldable iPhone is expected in Sep, with exclusive access to core panels addressing the crease pain point and laying the groundwork for competitive foldables. **3.**$Intel(INTC.US) Intel formally joined Elon Musk's TeraFab chip initiative, partnering with Tesla, SpaceX, and xAI to build a fab in Austin, TX, targeting 1 terawatt of compute. Intel will provide 18A process and EMIB packaging as the primary foundry partner, with 80% of chips for space and 20% for terrestrial AI and robotics. Intel shares jumped over 11% last night as TeraFab offers an anchor customer and a path to scale high-end AI foundry. **4.**$MANYCORE TECH(00068.HK) Spatial-intelligence unicorn Qunhe Technology filed its prospectus and kicked off a global offering, ending Apr 14, aiming to list on the HKEX on Apr 17 under code 0068. The deal sizes at ~161 mn shares (incl. 15% greenshoe), with a price range of HK$6.72–7.62 and up to ~HK$1.227 bn raised. As one of Hangzhou's 'Six Little Dragons' and the first pure-play spatial intelligence listing globally, the IPO opens funding channels to support R&D and market expansion. **5.**$Meta Platforms(META.US) Meta released its in-house multimodal AI model, Muse Spark. This is the first major output after reorganizing its AI team and forming the Super Intelligence Lab, signaling a shift from open-source to closed-source. The model supports multimodal understanding and three-level reasoning, excels in medical and chart comprehension, and has been integrated into Meta's ecosystem. ## **🐬 Top Gainers by Sector** **A-shares:** Diversified Chemicals, Oil & Gas E&P, Communication Equipment; **HK:** IT Consulting, Road Freight, System Software; **US:** Semi Materials & Equipment, Electronic Components, Marine Ports - Operators. ## **🐬 Watchlist for Tomorrow** **1.** China Mar CPI YoY; **2.** US Mar CPI YoY (SA); US Mar core CPI MoM (SA); US Mar CPI YoY (NSA); US Mar core CPI YoY (NSA); US Feb factory orders MoM; US Apr 1Y inflation expectations (prelim). Risk disclosure and statement: [Dolphin Research Disclaimer and General Disclosure](https://support.longbridge.global/topics/misc/dolphin-disclaimer) ### Related Stocks - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [09866.HK](https://longbridge.com/en/quote/09866.HK.md) - [NIO.SG](https://longbridge.com/en/quote/NIO.SG.md) - [NIO.US](https://longbridge.com/en/quote/NIO.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [DXYZ.US](https://longbridge.com/en/quote/DXYZ.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [07366.HK](https://longbridge.com/en/quote/07366.HK.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [AAPB.US](https://longbridge.com/en/quote/AAPB.US.md) - [AAPD.US](https://longbridge.com/en/quote/AAPD.US.md) - [AAPU.US](https://longbridge.com/en/quote/AAPU.US.md) - [AAPX.US](https://longbridge.com/en/quote/AAPX.US.md) - [04335.HK](https://longbridge.com/en/quote/04335.HK.md)