Pop Mart Jewelry brand opens its first national store; XPeng MONA M03 sees explosive orders | Today’s important news recap

0529 | Dolphin Research Key Focus:

🐬 Stocks

1、$XPeng(XPEV.US)

Yesterday, XPeng launched the new version of MONA M03 (Max/Plus models), with orders exceeding 12,566 units within one hour (Max version accounted for 83%). The advanced intelligent driving assistance, previously only available for models priced above 250,000 yuan, has now been extended to models under 150,000 yuan, marking a significant breakthrough in XPeng’s “Intelligence for All” strategy. XPeng’s Hong Kong stock rose over 5% today.

2、$POP MART(09992.HK)

POP MART’s independent jewelry brand POPOP will open its first official store in Shanghai’s Grand Gateway 66 on May 30, 2025, marking POP MART’s strategic upgrade from the trendy toy market to the light luxury jewelry sector. If the first store succeeds, POP MART may accelerate expansion (Beijing’s Guomao store is already under construction) and explore high-premium materials like gold to further impact China’s jewelry market. Additionally, the launch of Labubu 3.0 in April has ignited the global trendy toy market, driving POP MART’s stock price higher today.

3、$Tesla(TSLA.US)

Elon Musk posted on X that Tesla will deliver the first autonomous-driving-capable MODEL Y from its U.S. factory in June. Reportedly, Tesla has been testing driverless Model Ys on public roads in Austin over the past few days without incidents, marking a significant breakthrough in the commercialization of autonomous driving. Additionally, Tesla plans to launch its highly anticipated robotaxi service in Austin, Texas, on June 12. Although the news is unconfirmed, the autonomous driving sector has already started to rise.

4、Key Earnings Reports and Conference Call Summaries

NVIDIA:《NVIDIA: Don’t Doubt It, Still the Universe’s Top Stock!》、《NVIDIA (Minutes): Blackwell Contributes 70% of Data Center Computing Revenue》

Salesforce:《Salesforce: Is the Dream of AI Agent Still “Out of Reach”?》、《Salesforce (Minutes): Strong Demand from SMEs, Continued Focus on Agentforce》

Li Auto will release its earnings report tonight, and Dolphin Research will provide analysis.

🐬 Top Gainers

Shanghai/Shenzhen: Trading & Payment Services, System Software, Life Science Tools & Services;

Hong Kong: Trading & Payment Services, Diversified Capital Markets, Life Science Tools & Services;

U.S.: Motorcycle Manufacturers, Heavy Electrical Equipment, Leisure Facilities (e.g., Stadiums).

🐬 Tomorrow’s Focus

1、Marvell and Costco will release earnings reports tomorrow morning;

2、U.S. Personal Spending MoM, U.S. Core PCE Price Index MoM, U.S. Core PCE Price Index YoY, U.S. One-Year Inflation Expectation Final.

Risk Disclosure and Disclaimer: Dolphin Research Disclaimer and General Disclosure