Main points:
Market review this week (202204.18202204.24)
This week, the Shanghai stock index and CSI 300 fell by 4.30% and 4.25%, the Hang Seng Index and Hang Seng technology index fell by 4.09% and 7.38%, the NASDAQ index and Dow Jones index fell by 3.83% and 1.86%, the Internet technology, media and education indexes continued their downward trend, and the e-commerce index also fell this week. Among the key stocks of Internet media, Perfect World Co.Ltd(002624) (+ 12.69%), China Oriental Education (+ 7.50%) and Guangzheng Education (+ 5.56%) led the rise this week.
Meituan express app launched online and officially landed on the Hong Kong stock exchange
Meituan has launched the fast version app, which is being promoted by local service providers. The content includes meituan takeout, meituan optimization and meituan e-commerce. The "time limited second kill" and "official subsidy" on the home page are directed to meituan optimization for community group purchase business. Express home and self delivery on the next day correspond to meituan e-commerce and meituan optimization respectively.
Zhihu officially landed on the Hong Kong stock exchange with "2390" as the stock code. 26 million shares were issued this time, of which the Hong Kong public offering was about 1.00 times subscribed and the international offering was about 4.37 times oversubscribed. As of 10:55 on the same day, it was reported at HK $25.25 per share, with a value of about HK $8.233 billion in the Hong Kong stock market.
Ali film's annual net profit turned from loss to profit, and the medium-term performance of Gaoxin education group increased year-on-year
The net profit of Alibaba in the fiscal year ended February 2023 was not lower than the expected profit of 9.6 million yuan of the parent company.
Gaoxin Education Group disclosed its interim results. In the six months ended February 28, 2022, the company achieved a revenue of 1.21 billion yuan, a year-on-year increase of + 30.7%; The net profit attributable to the parent company was 345 million yuan, a year-on-year increase of + 17.2%.
Investment advice
The SEC of the United States announced the fifth batch of pre delisting list. Shell, ideal automobile and Baishi group entered the list this time, while Baidu, iqiyi, futu holdings, Nocera and Kaixin Yuanda pharmaceutical were transferred to the delisting list. With the continuous promotion of hfcaa act, more Chinese concept shares will gradually be transferred to the delisting list. However, China US regulation has entered the bottom stage, and substantive progress related to audit matters is expected to be achieved, Knowing that the official landing on the Hong Kong Stock Exchange also indicates that the return of zhonggai is accelerated, and the delisting risk of zhonggai is expected to be resolved smoothly.
This week, pinduoduo opened the same city distribution function to some businesses. The transportation capacity of jd.com and tmall Shanghai gradually recovered, and meituan automatic distribution vehicles also entered the shelter hospital to carry out work. In special periods, the head Internet platform showed strong organizational ability, technical ability and social responsibility. With the regional epidemic gradually controlled and logistics transportation began to recover, local life and e-commerce leaders fully benefited. It is recommended to pay attention to meituan-w Jingdong group, Kwai -W, Tencent holdings, etc.
Risk tips
Intensifying geopolitical conflicts; Drastic changes in industry competition pattern; Long term suspension of edition number, etc
