Main points:
Market review this week (2022.2.212022.2.27)
This week, the Shanghai stock index and CSI 300 fell by 1.13% and 1.67%, the Hang Seng Index and Hang Seng technology index fell by 6.41% and 6.70%, the NASDAQ index rose, and the Dow Jones index fell. Among them, the media, Internet and e-commerce indexes all fell this week, and only the education index rose. Among the key stocks of Internet media, Hengteng network (+ 12.86%) Offcn Education Technology Co.Ltd(002607) (+ 8.28%) and Jiangsu Chuanzhiboke Education Technology Co.Ltd(003032) (+ 5.90%) led the increase this week.
Kwai Kwai Kwai electric supplier cut off the third party commodity link, the version Department responded to the application of the number is still accepting February 23rd news, the Kwai electric business announcement said: because the third party business platform and the fast hand cooperation agreement change, since March 1, 2022 0, Taobao alliance commodity link will not be able to directly broadcast the shopping cart, short video shopping cart, Publish links to goods and services on the business details page; Jingdong alliance commodity link will not be able to release goods and service links between Kwai live broadcast rooms, and can publish links of goods and services in short video shopping carts, business details pages and so on. The Kwai Yue electric business recommends that merchants do advance customer service settlement and after-sales orders processing.
On February 21, the media quoted a person in charge of a game company as saying that the biggest bad news in the game industry is that China does not issue a version number this year, which has been known in the industry since the lunar new year. In this regard, relevant persons from relevant departments of the State Press and Publication Administration said that there is no clear response for the time being. They can pay attention to the announcement information on the official website, but they are still receiving the version number application of the game company normally.
Alibaba disclosed the fourth quarter results. JD increased its stake in dada group to 52%. Alibaba disclosed the fourth quarter results. In 21q4, it achieved a revenue of 242.58 billion yuan, a year-on-year increase of 9.7%, and a net profit of 19.224 billion yuan, a year-on-year decrease of 75%. JD group announced that the investment in dada has obtained all necessary regulatory approvals, and the transaction is expected to be completed by the end of February 2022. After considering the existing equity, JD group will hold about 52% of dada’s issued and current shares, and is expected to incorporate dada’s financial performance into its consolidated financial statements.
Investment advice
This week, the market was worried about the issuance of relevant rumors in the game industry. The industry stopped issuing game version numbers and the rumors of Tencent’s “heavy hammer” have been clarified successively. The State Press and publication administration also responded that the version number application of game companies is still receiving normally, waiting for the regulation to restart the distribution of version numbers. The Kwai live TV studio has officially cut off the link between Taobao and Jingdong alliance, and Jingdong’s holdings of dada group are also about to be completed. Alibaba’s performance will be CEO Zhang Yong emphasized that Ali China has basically completed user coverage, and the future focus will be changed to user retention and ARPU growth. China’s electricity supplier industry is becoming increasingly competitive, consolidating its own advantages and focusing on fine operation will become the key competition for the next stage of the major platforms. It is recommended that the -W, supply chain and performance experience advantages of the Kwai Tsing electronics supplier, which is increasingly mature in the trust business ecosystem, should be paid attention to. The retail business leader Jingdong group -SW will be highlighted.
Risk tips
Intensifying geopolitical conflicts; Drastic changes in industry competition pattern; Long term suspension of edition number, etc
