Main points:
Market review this week (202203.07202203.13)
This week, the Shanghai stock index and CSI 300 fell by 4.00% and 4.22%, the Hang Seng Index and Hang Seng technology index fell by 6.17% and 10.36%, the NASDAQ index and Dow Jones index fell, the Internet, media and e-commerce indexes continued to decline, and the education index fell. Among the key stocks of Internet media, Bluefocus Intelligent Communications Group Co.Ltd(300058) (+ 1.04%), Shanghai Action Education Technology Co.Ltd(605098) (+ 0.53%) Hengteng network (+ 0.47%) led the rise this week.
Tiktok tiktok is testing private domain functions. Jingdong logistics acquired Deppon Logistics Co.Ltd(603056) 66.49% shares. The App entrance page measured the entry of Taobao’s “subscription” function, and created a circle of friends for business. The “e-commerce member” function is added to create a private domain traffic pool for businesses; The functions of “repurchase coupon” and “my frequently purchased good things” are tested internally to improve the order repurchase rate.
JD logistics and deppon logistics reached a strategic cooperation and acquired Deppon Logistics Co.Ltd(603056) 66.49% of the shares. The two sides will carry out in-depth cooperation in the fields of express delivery, cross-border, warehousing and supply chain, and will continue to maintain the independent operation of the brand and team, with the overall strategy and business direction unchanged.
The revenue of JD logistics exceeded 100 billion in 21 years, and the annual performance of Weibo was stable in 21 years
JD group achieved a revenue of 275.9 billion yuan in 21q4, a year-on-year increase of + 23.0%; The adjusted net profit was 3.6 billion yuan, a year-on-year increase of + 50.0%; In 2021, the revenue reached 951.6 billion yuan, a year-on-year increase of + 27.6%; The adjusted net profit was 17.2 billion yuan, a year-on-year increase of + 2.4%. JD logistics achieved a revenue of more than 100 billion yuan in 2021.
In 2021, Weibo achieved a revenue of US $2.257 billion, compared with us $1.69 billion in the same period last year, a year-on-year increase of + 33.49%; The net profit attributable to the parent company was US $428 million, compared with us $313 million in the same period of last year, a year-on-year increase of + 36.74%; The basic income per common share was $1.87, compared with $1.38 in the same period last year, a year-on-year increase of + 35.51%.
Investment advice
This week, JD group announced its annual performance for 21 years, and its operating performance continued to grow steadily. Among them, the annual revenue of JD logistics exceeded 100 billion. At the same time, JD logistics reached a strategic cooperation with deppon logistics to continuously deepen the advantages of supply chain and improve operating efficiency. It is suggested to pay attention to JD group SW. The SEC of the United States disclosed the list of identified enterprises for the first time in accordance with the foreign company Accountability Act (hfcaa). A total of five enterprises were included in the list in the first batch. With the continuous disclosure of 21 year financial reports by zhonggai shares, the market is worried that more enterprises will enter the list and face delisting risk. We believe that hfcaa has entered the landing stage, but the identified enterprises still have a compliance period of three years before the compulsory delisting. At the same time, the CSRC has stated that it will actively communicate with the Ministry of Finance and the American public company accounting supervision board (PCAOB), and the HKEx will actively adjust the secondary listing and dual main listing thresholds to meet the return of China concept shares. The delisting risk of China concept shares is expected to be resolved smoothly, Internet media sector valuation and suppression factors will gradually eliminate, we recommend that the short-term share price by the delisting sentiment wrong killing Kwai Tong -W, fast -W, Tencent holdings and so on.
Risk tips
Intensifying geopolitical conflicts; Drastic changes in industry competition pattern; Long term suspension of edition number, etc
