Market review this week
This week, the Hang Seng Index rose 0.96%, the Hang Seng technology index rose 1.85%, the Dow Jones industrial index rose 4.02% and the NASDAQ rose 3.61%. The e-commerce, Internet and education indexes all rebounded. Among the key Internet stocks, reading group (+ 12.21%), pinduoduo (+ 7.32%) and Minsheng Education (+ 6.80%) led the gains this week.
Alibaba adjusted its organizational structure and tested the live delivery function of “small yellow car” in station B
On December 6, Alibaba announced the appointment of Dai Shan and Jiang Fan to take charge of the newly established “China digital commerce” and “overseas digital commerce” respectively, so as to upgrade the company’s “diversified governance” system. The above appointment will take effect from January 1, 2022.
On December 8, station B is preparing to launch the “small yellow car” function of live broadcasting with goods in the live broadcasting room of some invited up hosts, and has basically completed the first batch of investment promotion work. The gray scale test will be carried out in the near future, and users can experience this function as soon as a week.
Microblog was officially listed on the Hong Kong stock exchange, and Alibaba released its semi annual performance report
Microblog Co., Ltd. sold 11 million shares worldwide at a price of HK $388.00 per share. It was officially listed on the main board of the Hong Kong Stock Exchange on December 8, 2021, stock code 9898.00 HK。
Alibaba disclosed the interim report of fiscal year 2022. From April 1 to September 30, 2021, Alibaba achieved revenue of 406.430 billion yuan (YoY + 32.0%), gross profit of 152.583 billion yuan (YoY + 13.51%), net profit of 46.212 billion yuan (yoy-36.66%), and net operating cash flow of 69.433 billion yuan (yoy-33.49%).
Investment advice
This week, Ali promoted the adjustment of organizational structure, integrated China’s digital business sector, focused on domestic demand and globalization of overseas digital business sector, and actively explored new governance methods. Represent the general trend of the Internet in the current traffic background. Third world countries still have traffic dividends, and suggest that -W, a leader with short video, should be concerned about the smooth progress of Kwai tat.
At the same time, meta released the virtual reality application horizonworlds, and Baidu and station B accelerated the exploration of the meta universe. We believe that social + games are the main application path of the meta universe. It is recommended to pay attention to Tencent holdings, the leader of social + games with sufficient technical reserves.
In addition, with the increasingly clear regulatory rhythm at home and abroad, and the gradual digestion of the pessimism about the delisting of zhonggai shares, the medium and long-term configuration value of high-quality Internet targets remains unchanged. It is recommended to pay attention to meituan-w, the local life leader, and the same-way hunting and employment, the leader of vertical track.
Risk statement
Geopolitical conflict intensifies; Drastic changes in industry competition pattern; Anchor tax review; Long term suspension of game version number, etc
