This week (from December 27 to December 31, 2021, the same below) Hang Seng Index 0.75%, Dow Jones industrial index 1.08%, S & P 500 index 0.85% and Nasdaq index - 0.05%. This week, the Hang Seng technology index was 0.92%, and the Hang Seng China enterprise index was 0.42%. Hong Kong stock connect sold about 1.398 billion yuan this week and bought about 10.895 billion yuan last week.
Shangtang technology's share price doubled three days after its listing, with a market value of nearly HK $250 billion
Shangtang technology opened higher than 9% in the morning on January 3, and then its share price soared, with a maximum increase of nearly 36% to HK $7.5, a record high, and its total market value approached HK $250 billion. Shangtang technology was founded in 2014 by a team led by Tang Xiaoou of the Multimedia Laboratory of the Chinese University of Hong Kong. At present, the company's main artificial intelligence software business radiates in China, Japan, Singapore and other places. In 2020, it has achieved a revenue of 3.446 billion and served more than 1200 customers around the world.
The Kwai has reached strategic cooperation with the US mission.
In December 27th, the Kwai Tong and the US mission announced the strategic cooperation in interconnection. Customer service Kwai Kwai will provide a complete set of small programs for us group to provide packages, vouchers, booking and other services, including the display of products, online transactions and after sales services. At present, meituan applet has taken the lead in completing 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.
Baidu AI Developer Conference: continue to explore the meta universe and release the platform level product "xirang"
On December 27, based on its past accumulation and precipitation in the fields of AI, speech recognition and hardware, baidu released the first meta universe platform product "xirang". With Chinese culture as the background, Baidu has created a multi person interaction space that spans virtual and reality and lasts forever, and has achieved certain technological innovation breakthroughs in three aspects: immersive vision, real-time hearing and multi person interaction: users can log in on multiple platforms through the exclusive virtual image set in advance, and experience the immersive audio visual effect of the presence of 100000 people in the venue. "Xi soil" shows Baidu's technical precipitation in AI, speech recognition, hardware, maps and other fields in the past, and is expected to provide meta universe solutions for more scenes in combination with Baidu's VR hardware products and UGC content platform.
Tencent Music Group launched the first music meta universe related products
Tencent music announced that it will officially launch China's first virtual Music Carnival tmeland, which will open on December 31. It is reported that in tmeland, users can create NFT based on digital scenes such as personal virtual image, virtual live broadcast and virtual concert. From the perspective of official press conference and product form, this can be regarded as the first step for Tencent music to enter the yuan world.
Investment suggestion: Baidu held the annual AI developer conference in the product "xirang" of the meta universe. The virtual human appeared in the New Year celebration of Jiangsu Satellite TV and sang on the same stage with the real person. The key technology of the meta universe, virtual human, continued to promote in the application field. We believe that the meta universe technology and application self cycle will continue to iterate in 2022, and the meta universe underlying technology company will usher in greater development opportunities. It is recommended to continue to pay attention to the marginal changes and potential inflection points of global technology Internet manufacturers in metauniverse technology / application layout, as well as subdivided track VR / AR, virtual social networking, engine / open platform, virtual human, etc.
We are optimistic about the long-term potential of the Hong Kong market. As the bridgehead of China's new economy, we are expected to attract more high-quality enterprises to land and return to the Hong Kong stock market in the future, and continue to pay attention to the communication between China and the United States on audit supervision and the improvement of overseas listing system. At present, China's Internet regulation has entered the normalization stage, and the market focus will return to the fundamentals of enterprises. It is expected that with the steady growth of China's economy and the stabilization of the marginal impact of regulatory policies, the growth of China's science and technology Internet enterprises is expected to gradually improve and promote value revaluation. China's technology companies are advised to focus on Tencent, the US group, many spells, Alibaba, NetEase, Jingdong, fast hand, beep Kwai, health and graffiti. Foreign technology enterprises continue to pay attention to the progress of sea, roblox, meta (renamed by Facebook), unity, square (renamed by block) and confirm.
Risk tips: 1. Overseas epidemic control is less than expected; 2. Sino US trade friction; 3. Risk of tightening Internet supervision; 4. The tightening of liquidity environment exceeded expectations; 5. Competition in overseas markets has intensified.
