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CHINA LIT

Today’s Key News Recap

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1205 | Dolphin Research Key Focus: 🐬 Stock 1, $BIDU-SW(09888.HK) According to reports, Kunlun Chip (Baidu's AI chip subsidiary) has initiated preparations for listing in Hong Kong, planning to submit the application in the first quarter of 2026 and complete the IPO in early 2027, with the latest valuation of approximately 21 billion RMB. Baidu is the largest shareholder. It has released products such as Kunlun Chip M100 and M300, with tens of thousands of cards deployed, serving as the core foundation of Baidu's AI computing power, and also providing computing power services to external enterprises. The news pushed Baidu's stock price to rise over 8% at one point...

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Us 12 Mth Natural Gas

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KraneShares 2x Long BABA Daily ETF

YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

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Baidu HK SDR 10to1

Alibaba HK SDR 5to1

Baidu Spins Off Kunlunxin for IPO; Ele.me Completes Official Rebranding | Today's Important News Recap

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Conference Minutes

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The following are the minutes of the FY25Q3 earnings call for $TENCENT(00700.HK) compiled by Dolphin Research. For an interpretation of the earnings report, please refer to the article &#34;Tencent: Not Playing Heartbeat with Meta, Just Wanting Steady Happiness.&#34; 1. Review of Core Financial Information 1. Capital Expenditure: Operating capital expenditure: RMB 12 billion, down 18% year-on-year, mainly due to changes in the supply chain. Non-operating capital expenditure: RMB 1 billion, down 59% year-on-year. 2. Free Cash Flow: RMB 58.5 billion, roughly flat compared to the same period last year (growth in operating cash flow was offset by other factors)...

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LOTUS TECHNOLOGY INC C/WTS 22/02/2029 (TO PUR COM)

Tencent (Minutes): Emphasizes AI, but Lowers Full-Year Capex Guidance

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0818 | Dolphin Research Focus: 🐬 Macro/Industry 🐬 Individual Stocks 1. $CHINA LIT(00772.HK) Over the weekend, the animation update of 'A Record of a Mortal's Journey to Immortality' went viral, with the protagonist Han Li successfully forming a Nascent Soul. At 11 o'clock, fans flocked to Bilibili, and the IP rights belong to Yuewen Group (Qidian Chinese Network), directly boosting its stock price significantly during trading. In addition, Yuewen recently reached a 'National Creative Content Strategic Cooperation Plan' with Tencent's 'Honor of Kings', and the collaborative merchandise produced by Yuewen is already on pre-sale in both official stores. Coupled with the impressive financial report released by Yuewen last week...

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"Han Laomo"'s success in forming a nascent soul boosts Yuewen; Nio's all-new ES8 to be released this week | Today's Important News Recap

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0708｜Dolphin Research Focus: 🐬 Macro/Industry 1. Trump signed an executive order to postpone the &#34;reciprocal tariffs&#34; grace period from July 9 to August 1. Meanwhile, he announced that starting August 1, the U.S. will impose varying tariffs on imports from several countries, including Japan, South Korea, Kazakhstan, and Malaysia, such as a 25% tariff on products from Japan and South Korea. This move by the U.S. impacts export companies from these countries to the U.S., increasing the uncertainty of trade frictions. 🐬 Individual Stocks 1. $CHINA LIT(00772.HK) Yuewen rose over 4% today...

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Trade War Uncertainty Lingers; Yuewen Bets on Collectible Toys for Growth Reinvention｜Today's Important News Review

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0605 | Dolphin Research Key Focus: 🐬 Macro/Industry 1. US May ADP employment data increased by only 37,000, far below the expected 110,000, coupled with the ISM Services PMI falling below the 50 boom-bust line, strengthening expectations for a September rate cut. Affected by this, US Treasury yields fell across the board, with the 10-year Treasury yield once falling by nearly 10 basis points. It is necessary to remain vigilant against the short-term fluctuations that may be caused by the repeated changes in Trump's tariff policies. Although the US Court of International Trade once blocked Trump's previous tariff policies from taking effect, he has already appealed, and the direction of tariff policies remains uncertain...

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XPeng and Huawei's blockbuster collaboration; Meta teams up with Hollywood | Recap of today's important news

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February 26 | Dolphin Research Key Focus: 🐬 Macro/Industry 1. Today, the three major Hong Kong stock indices surged strongly, with market sentiment reigniting, especially as Chinese concept stocks rose all the way, and southbound capital showed high enthusiasm. Dolphin Research emphasized in Monday's strategy weekly report: Hong Kong stocks, with traditional real estate and financial sectors' valuations fully squeezed while having relatively high tech + medical content, are seeing particularly strong revaluation momentum compared to other markets. For details, refer back to: &#34;Animal Spirits&#34; Are Coming Back, Can Chinese Concept Stocks Still Be Revalued?. 🐬 Stocks 1. $MEITUAN(03690.HK) Market rumors suggest Meituan is in negotiations...

Meituan HK SDR 5to1

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MIXUE GROUP

Sentiment reignited, Hong Kong stocks collectively surged | Today's important news recap

Yuewen Group Proposes to Repurchase Up to 102 Million Shares

Yuewen Group Plans to Repurchase Up to HKD 1.2 Billion in Shares

Earning Boost Expected as Tencent's WebNovel Ventures into AI-Driven Manga

Ruanwen CEO Announces Business Upgrades and Launches Global Collectible Creation Plan

Yuewen Group Announces Major AI Technology Upgrade, Launching Three Applications

IQIYI Group Upgrades Creation Partnership Program to Layout Manhua Drama Ecosystem

READCOM GROUP COLLABORATES WITH RESORT WORLD SENTOSA TO LAUNCH 'THE ABNORMAL IMMORTAL BEING' IP ADVENTURE HOUSE

Rice Quantum issues 24,400 shares under the Share Option Scheme

Rupert Literature issued 5,246 shares under the share option plan

Yuewen Group Grants 4.5316 million RSUs

China Merchants Securities Releases Mid-Year Performance Analysis Report for Tencent Literature Group in 2025

Readcom Group Issued 265,500 Shares Under the Share Option Plan

Huatai Pacific Securities Sees Upbeat Prospects for Webnovel Group in H2

JPMorgan Raises Target Price for WebNovel Group to HKD39 and Upgrades Rating to 'Buy'

Ethyca Secures $5M Series A to Expand Data Privacy Platform

CLSA Raises Target Price on Tencent's WebNovel Group

CMBI Raises Target Price for Ejoy Entertainment to HK$39

CHINA LIT released FY2025 Q1 earnings on August 12, 2025 (BJT) with actual revenue of HKD 1.709 B and EPS of HKD 0.4444

CHINA LIT released FY2025 Semi-Annual Earnings on August 12 After-Market (BJT), actual revenue HKD 3.455 B (forecast HKD 3.442 B), actual EPS HKD 0.8986 (forecast HKD 0.4378)

CHINA LIT released FY2025 Q2 earnings on August 12 After-Market (BJT), actual revenue HKD 1.746 B, actual EPS HKD 0.4542