Guess which company are the following two K-line charts (monthly charts)? Feel what the rising trend is...
Here are the answers: 1. PDD 2. Bili. The former is emerging in Chinas e-commerce industry, and its market value has surpassed that of Jingdong. The latter is known as Chinas YouTube. A new years party has captured countless young people with memories. This years youth day has become the focus of the topic with the video rush bar, houlang.
The share prices of PDD and Bili have risen 131.57% and 140.17% respectively in the year, both of which have reached new highs since listing.
And the two are far from the top of the list. Is ZTO familiar? This year, it has increased by 67.64%; Niue electric (NIU), the brand of battery car, has become a true online red. On the road, in the community, no matter the first tier city, the second tier city, or even the third tier and fourth tier city, as long as the city can see where it basically goes, its share price has increased by 87.57% since the beginning of the year; tal, if there are children at home outside the tutoring class, You must know that XRS, a brand owned by TAL, is up 39.11% this year (up 80.66% last year).
In addition to these, there are futu securities. This one is relatively small, but it is not new to many people in the financial industry. Futu securities, led by Tencent, has now become the leader of Hong Kong securities companies, with an increase of 114.63% this year; there are also traditional e-commerce giant JD, whose share price has quietly reached a new high in a bearish sound, with an increase of 66.45% this year.
Peter Lynch, the legendary fund manager of fidelity, talked about the advantages of amateur investors in his classic book Peter Lynchs successful investment. if you can keep general vigilance in your workplace or nearby shopping center, you can find excellent companies with outstanding performance. The implication is that ordinary investors can find many big bull stocks around them.
According to NASDAQ, the revised rules submitted to the CSRC are mainly to tighten the standards for the listing of Companies in some countries in the United States.
Although the industry said that the tightening of listing rules is not aimed at Chinese companies, according to the statistics of refinitiv, only 40 of the 155 Chinese companies listed on NASDAQ since 2000 have IPOs of more than US $25 million, accounting for only a quarter of the total. Obviously, Chinese stocks will be affected in the future in the US.
It is also reported that the U.S. Senate passed a supervision bill on May 21, which may prohibit many Chinese companies from listing on U.S. exchanges or raising funds from U.S. investors without complying with regulatory and auditing standards in Washington. Industry insiders predict that the bill may speed up the privatization of U.S. Chinas equity or the conversion of stock market.
In fact, some Chinese companies have already begun to take action. On June 15, 58 cities issued an announcement and officially signed the privatization agreement. According to the announcement, 58 Tongcheng signed a merger agreement with quantum bloom Group Ltd. According to the terms of the merger agreement, the buyers investment consortium will purchase 58 shares of common stock issued in the city at a cash price of US $28 per common stock (equivalent to US $56 per ads), with a total transaction value of US $8.7 billion.
It is reported that the buyers investment consortia in 58 cities include: Huaping investment, general Atlantic, gulling investment and Yao Jinbo, chairman and CEO of 58 cities. The buyer investment consortium plans to fund 58 city wide privatization transactions in the form of a combination of equity and debt financing.
Morgan Stanley, an international investment bank, recently held a live online sharing meeting to discuss the global and Chinese economy in the post epidemic era.
Morgan Stanley believes that Chinas stock market is expected to significantly outperform emerging markets in the next 12 months, and a shares are worth increasing or holding substantially. As for China capital stock, it is suggested to focus on the enterprises with short-term secondary listing qualification in Hong Kong, and sell the companies that cannot be secondary listed and have a relatively high proportion of foreign investment.
With regard to the dispute over the delisting of China equities, we think it will recur in the coming months. In terms of investment operation, our proposed trading strategy is to focus on medium-sized companies with short-term secondary listing qualification in Hong Kong. If we carry out the strategy of buying and selling, we suggest to buy the enterprises with the qualification of secondary listing in Hong Kong in a short period of time, and sell the companies that can not be listed in Hong Kong in a short period of time and have a relatively high proportion of foreign ownership.
It is reported that Morgan Stanley proposed the above strategy to the market in May. From the beginning of the proposal to now, the strategy has run out of 15% relative income. In the future, we think this situation will continue, so we continue to recommend this trading strategy. Wang Ying, China market strategist at Morgan Stanley, said.
Wang also predicted the global stock market over the next 12 months. She believes that developed markets will substantially outperform emerging markets, and the S & P 500 index can reach 3350 points in the next 12 months, with a 10% - 12% increase from its current position. After that, he was relatively optimistic about the European stock market. Wang Ying thought that there was still about 10% room for the European market to rise. In the global stock market, Wang Ying doesnt like the global emerging market most. The target price is 6% - 7% lower than the current market trading point.
While bearish on emerging markets, Morgan Stanley is not pessimistic about Chinas stock market. By the end of February and the beginning of March, we had upgraded the rating of Chinas stock market to overweight in the global emerging markets. In May, we slightly reduced our exposure to Chinas overall overweight. The main reason is that there is a gradual rise in trade-related disputes between China and the United States and other capital market disputes, which will have some negative impact on market sentiment. But for more fundamental reasons, lets think China still has great hope to beat emerging markets in the next 12 months. Wang Ying said. Wang also stressed that in the next 6-12 months, the first piece of trading strategy is to suggest that you increase or substantially hold a shares in the overall Chinese stock allocation. Extended reading 8 institutions have created 3 trillion giants! Zhulu pension market recommends shares and accounts are stolen frequently! The supervision is on guard against these lures, which are more than 100 cities fighting for the war of robbing people. The effect of house purchase subsidies to stimulate the real estate market is very small. Source: Chinas responsible editor of securities companies: Zhong Qiming_ NF5619
While bearish on emerging markets, Morgan Stanley is not pessimistic about Chinas stock market.
Wang also stressed that in the next 6-12 months, the first piece of trading strategy is to suggest that you increase or substantially hold a shares in the overall Chinese stock allocation.