In today’s briefing:
- Ohayo Japan | Winning Streak
- [Blue Lotus Daily]:BEKE US/NIO US/LI US/1211 HK/1801 HK/1810 HK
- [Blue Lotus Daily – TMT Update]:TCOM US /3690 HK /ATAT US/700 HK/BABA US/JD US/PDD US/2618 HK/Douyin
Ohayo Japan | Winning Streak
- The Dow Jones Industrial Average extended its winning streak to six days, climbing 0.44% to close at 39,056, its longest positive stretch in 2024
- Logisteed, a group company of KKR, to acquire Alps Logistics, valued at over 150 billion yen.
- TOYOTA MOTOR reported record net profit of 4.9 trillion yen for the fiscal year ended March, doubling from the previous year.
[Blue Lotus Daily]:BEKE US/NIO US/LI US/1211 HK/1801 HK/1810 HK
- BEKE US: April existing home sales on track of recovery, while new home lukewarm, and high tier cities policy easing bodes well for Beike.(+)
- LI US : LI L6 sales momentum accelerates during May Day holiday.(/)
- NIO US/ LI US / 1211 HK : New energy vehicle sales growth rebounded in the fourth week of April 2024, with Nio, LI and Zeekr regaining market shares （/////）
[Blue Lotus Daily – TMT Update]:TCOM US /3690 HK /ATAT US/700 HK/BABA US/JD US/PDD US/2618 HK/Douyin
- TCOM US /3690 HK /ATAT US : Domestic tourism strong but outbound tourism weak during May Day holiday; strong transportation but weak accommodation.(-/+/-)
- 700 HK: Tencent’s New Mobile Game <One Piece: Ambition> Will Undergo Public Testing Next Week（+）
- BABA US/JD US/PDD US/2618 HK: MOFCOM publishes commerce data for Labor Day Holiday (+/+/+/+)
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
