Dolphin Research
2 Articles
A secondary market research brand under Longport Securities, dedicated to helping investors interpret global core assets across markets and uncover in-depth corporate value and investment opportunities.
SpaceX Challengers: Can Bezos and China Inc. Catch Up?
SpaceX Challengers: Can Bezos and China Catch Up?In our previous note, we framed the current commercial space cycle around a potential SpaceX listing. Here we focus on reusable launch vehicles and satellite ops, and break down the value chain to assess competition and where investors might find oppo...
Mon, Mar 16
Li Auto Biz 'hurting' — Counting on Robots as the 'lifeline'?
Li Auto (LI) released its 2025 Q4 results after Hong Kong trading and before U.S. market open on Mar 12 Beijing time. Li Auto had already guided for pressure on Q4 vehicle GPM, but even against a cautious setup, the print was mediocre.
Fri, Mar 13
