Core Insights - The article emphasizes the increasing value of data in constructing investment strategies, highlighting the growing demand for high-quality data in the market [1] - It introduces a series of "Data Insights" articles by Bloomberg's quantitative and data science team, aimed at financial professionals to effectively utilize data for investment logic, asset tracking, and scenario analysis [1] - The report covers a wide range of topics including inflation and pricing pressures, supply chain dynamics, environmental risks and opportunities, and key events impacting market trends [1] Inflation and Pricing Pressure - The analysis of consumer transaction data provides insights into company performance and consumer trends, allowing analysts to track important revenue and key performance indicators (KPIs) across industries [10] - The consumer transaction data can be aggregated to monitor industry trends, particularly in the essential consumer goods sector, revealing a year-over-year growth rate that leads the U.S. core CPI index by three months [10][11] Supply Chain Dynamics - The integration of financial data with supply chain data is crucial for identifying industry-level risks and opportunities, as demonstrated by the analysis of the European automotive sector [13] - The study indicates that the declining sales momentum of European car manufacturers was evident in the performance of their suppliers, highlighting the predictive value of combining financial and supply chain information [13][14] Market-Driven Events - The article discusses the impact of AI cost reductions on companies, particularly through the analysis of stock pricing data around the launch of the DeepSeek platform [7] - A list of the top 10 technology companies affected by the DeepSeek announcement is provided, with notable mentions including NVIDIA, which has a market cap of $2,857 billion and experienced a maximum drawdown of 24% [8]

Core Viewpoint - The article emphasizes the significant opportunities for private equity funds in the Greater Bay Area of China, driven by policy benefits, capital accumulation, and cross-border innovation, amidst a backdrop of global economic uncertainty and evolving macroeconomic conditions [3][4][6]. Group 1: Global Macro Market Outlook - The U.S. tariff policies have been a major disruptor in the global macroeconomic landscape, impacting growth momentum [4]. - The recent "truce" in U.S.-China tariffs provides a temporary positive sentiment for the market and supply chains, but the sustainability of this impact depends on future agreements and China's economic rebalancing progress [6]. Group 2: Equity Market Dynamics - China's equity market is currently attracting international investors due to its appealing valuations, strengthened market confidence from policy expectations, structural upgrades, and global capital allocation needs [8]. - The MSCI China Index has returned to its five-year average valuation, and future performance will heavily rely on the recovery of earnings momentum [10]. - The "Eight Giants" of China still show significant valuation discounts compared to the "Seven Sisters" of U.S. stocks, indicating potential for capital inflow as trade tensions clarify and China's economic resilience is demonstrated [10]. Group 3: Fixed Income Market Outlook - In the first half of 2025, high-yield bonds performed strongly while investment-grade bonds met expectations [11]. - As the U.S.-China interest rate differential narrows, Chinese dollar bonds may face pressure from widening credit spreads, potentially redirecting some "southbound funds" towards more attractive municipal bonds [13]. Group 4: Quantitative Research and Data Solutions - Alternative data is crucial for quantitative research, providing investors and analysts with forward-looking insights to navigate market fluctuations [14][16]. - Bloomberg's enterprise data solutions offer high-quality, globally covered data to assist private equity clients in making informed investment decisions [19]. Group 5: Insights from Industry Leaders - The integration of cutting-edge technology with solid industry research is essential for identifying value in the current market environment, particularly in the rapidly growing Greater Bay Area [22]. - Sustainable free cash flow is prioritized over short-term profit fluctuations, with current market conditions presenting opportunities for value investors to capitalize on undervalued companies [24].

Group 1: Core View - Traditional factors in the current market, such as volume - price factors based on trading volume and price data and fundamental factors based on economic data, are facing the risk of ineffectiveness. In the context of high strategy crowding and over - mining of big data, alternative factors are becoming new and important aids in describing price expectations [1] - The report focuses on sentiment factors with a wide range of applications among alternative data. By refining, processing, and analyzing text information from news, media, and research reports, it can not only depict the current market heat and sentiment but also quantitatively grasp the strength and weakness of sectors and varieties [1] Group 2: Specific Content - The formula for the emotional intensity in the futures market is: Emotional intensity = Σ (Relevance of news/reports to futures varieties × Emotional score of news/reports) [2] Group 3: Report Information - The report data is as of May 9, 2025 [4] - The senior analyst of Guotou Futures is Wang Kai with the futures investment consulting license number Z0016943, and the analyst is Zhang Jingjie with the futures practice qualification number F03116832 [4]

Core Insights - The article emphasizes the importance of mastering complex information and gaining forward-looking insights to succeed in investment analysis during the earnings season [1] Group 1: Tools for Earnings Analysis - EVTS <GO> allows analysts to track important company events and announcements in real-time, integrating with Microsoft Outlook to ensure no critical events are missed [2] - MODL <GO> provides access to hundreds of key financial metrics and consensus forecasts, enabling analysts to compare their predictions with market consensus and quickly react to earnings reports [4][5] - ALTD <GO> leverages alternative data such as consumer transaction data to provide near-real-time insights into company performance, enhancing predictive accuracy [6][7] Group 2: AI and Data Visualization - DS <GO> utilizes AI to identify key discussion topics from earnings call transcripts, helping analysts capture emerging themes and opportunities [10] - GF <GO> enables the creation of detailed charts that compare actual performance against consensus forecasts, aiding in the analysis of earnings surprises and historical performance [11]

Core Insights - The article emphasizes the importance of alternative data in understanding consumer trends and company fundamentals in the U.S. stock market [1][4] - It highlights the growing interest among industry experts in utilizing alternative data to uncover investment opportunities and mitigate risks [1] Group 1: Webinar Overview - The webinar titled "Grasping U.S. Stock Fundamentals: The Use and Value of Alternative Data" will focus on how to leverage alternative data to analyze U.S. stock fundamentals and consumer trends [4] - Key topics include analyzing fluctuations in consumer spending across various industries and differences in spending among different income levels [2] - The session will introduce Bloomberg's datasets, particularly Bloomberg Second Measure (BSM) and Transaction Level Data Product (TLDP), to aid in understanding competitive strategies [4] Group 2: Registration Information - Registration for the webinar requires a review process, and participants will receive a confirmation notification via WeChat upon approval [3] - Attendees will also receive specific reminders before the event starts [3]