Industry special comment: in December 27th, the Kwai Tong and the US mission reached strategic cooperation in interconnection. Customer service Kwai Kwai will open the platform to launch the US group small program on the fast opening platform, providing package, voucher, booking and other commodity display, online transaction and after sale services to us business groups. At present, meituan applet has completed the pilot launch of catering categories. In the future, it will launch a number of life service categories such as hotels, B & B, scenic spots, leisure and entertainment, beauty salons and screenplays.
Store service is the preferred battlefield for local life in the future. We expect that the scale of the store service market is about 12.8 trillion at present, and the online rate is about 19%. In the next five years, the online market CAGR will remain at about 28%, with great growth space. Considering that the store service business model is light (not involving rider distribution and storage), we think that the entry barriers to traffic giants in this field are low, but the entry of giants will further improve the online penetration of store services.
By the evening of December 30, 2021, the US stock market had rebounded collectively, and the Hong Kong stock market had warmed up synchronously on December 31. In the new year, everything is beginning to update. We believe that the consumer internet field represented by physical e-commerce, service e-commerce and content consumption has been at the bottom for a long time, and may usher in a reversal moment at any time with the warming of fundamentals..
Market review of this week: this week, the commerce and retail sector closed at 4070.39 points, up 0.38%, 0.01 percentage points lower than Shanghai and Shenzhen 300 (up 0.39% this week). The sector ranked 23rd among 29 primary industries. Among the segments, general retail fell 0.72%, trade rose 2.40%, franchise chains rose 0.57%, e-commerce and services fell 0.83%, and professional market operations rose 2.09%. The companies with the top five stock gains were Jiangsu High Hope International Group Corporation(600981) (23.86%), Shenyang Cuihua Gold And Silver Jewelry Co.Ltd(002731) (16.23%), Dlg Exhibitions & Events Corporation Limited(600826) (12.63%), Anhui Andeli Department Store Co.Ltd(603031) (12.63%) and Guangdong Chj Industry Co.Ltd(002345) (10.64%); The companies with the top five declines in individual stocks were * ST Quanye (- 14.50%), Xinjiang Youhao(Group)Co.Ltd(600778) (- 9.16%), Telling Telecommunication Holding Co.Ltd(000829) (- 8.30%), cross-border communication (- 7.94%) and Nanning Department Store Co.Ltd(600712) (- 6.94%).
Important industry news of the week:
[Internet] quickly adjust staff benefits: reduce housing subsidies, cancel free meals, and increase Kwai bonus.
[Internet] Ali plans to sell all microblog shares and completely withdraw from investment.
Announcements of key companies:
[pinduoduo] pinduoduo announced that Ma Jing, vice president of finance of the company, resigned for personal reasons, and his position will be taken over by Jun Liu.
