Summary of latest views 1 Tencent has double upgraded functions and began to provide users with digital RMB services. Tencent began to provide users with digital RMB services on January 6. The use process is very convenient. Digital RMB is not a payment channel of paper currency. It does not rely on issuance, but is converted into equivalent paper currency. It is a real currency. At the same time, compared with wechat payment, digital RMB has three differences: short payment path, dual offline payment and controllable anonymity. Therefore, we believe that it does not go through third-party payment channels, and user privacy can be better protected, which can help it become an important option for residents to consume mobile payment. In addition, in addition to adding a digital RMB wallet, wechat video number was also launched in the paid live room on the 6th. The live broadcast of video number will also invest 5 billion cold start traffic packages this year to build a new anchor growth channel to help new anchors start broadcasting and obtain traffic. 2. Qualcomm joins hands with Microsoft to develop AR and further expand the metauniverse market. On January 4, 2022, Qualcomm technologies announced a series of cooperation plans with Microsoft at the International Consumer Electronics Show (CES). The two companies will develop ar chip for “energy-saving and lightweight ar glasses”, which will be integrated into Microsoft mesh and Qualcomm’s snapdragon spacesxr platform. This is not the first cooperation between Qualcomm and Microsoft. This cooperation will further help Microsoft expand the meta universe ecosystem. In addition to the cooperation in hardware facilities, the two sides will also produce the software required by the meta universe, so that people can use their digital identity to work, entertainment and leisure in the meta universe.
From the perspective of industry configuration, the game industry still has good growth in the long run. It is recommended to pay attention to those with excellent R & D capabilities: Tencent Holdings (0700. HK), netease-s (9999. HK), Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) (002555. SZ), ZuLong Entertainment (9990. HK) and heart company (2400. HK); China’s outbound social platform is developing well overseas, with increasing influence and leading role. It is suggested to pay attention to chizicheng Technology (9911. HK) and happy gathering (YY. O); In addition, policy dividends are continuously released to promote the high-quality development of cross-border e-commerce. It is suggested to pay attention to Alibaba SW (9988. HK) and sheen (unlisted); At present, some Chinese manufacturers have reached the international leading level in the short video area, and China’s Kwai Fu -W (1024.HK) is recommended.
Risk tips: the risk of intensified market competition, the risk of policy and regulatory environment, the risk of work content review or review, public health risk, etc.
