Hot news

• Us President Joe Biden: lack of competition, highly concentrated industries will hinder economic development
  

U.S. president Joe Biden: lack of competition, highly concentrated industries will hinder economic development; large technology, pharmaceutical and agricultural companies are not competing for customers; in the coming weeks and months, farmers and consumers will be provided with more and better protection.

• The situation in Russia and Ukraine affects the market nerves.European stocks tumbledInternational oil prices fall by more than 2%European energy prices soar

As Russia strengthens its military deployment on the Ukrainian border, investors are keeping a close eye on geopolitical tensions. According to Xinhua News Agency, Britain and the United States have ordered the families of embassies in Ukraine to leave Ukraine. Britain has evacuated some embassy staff. International oil prices fell significantly on the 24th. As of the close of the day, light crude oil for March delivery on the New York Mercantile Exchange closed at US $83.31 per barrel, down 2.15%, while London Brent crude oil for March delivery closed at US $86.27 per barrel, down 1.84%. The pan-European stock index posted its biggest decline in more than a year and a three-month low. British natural gas rose nearly 19 per cent, the biggest increase in nearly three weeks, and spot electricity prices in Germany rose nearly 60 per cent at one point.

• Emerging markets, or Shi Lai Yun Zhun (Lucky Dumplings), outperformed US stocks by the biggest margin since 1990 at the beginning of the new year.

The valuation of the MSCI emerging markets index is close to its biggest discount since 2007 compared with the S & P. Goldman Sachs Group said that emerging market economies are likely to grow strongly this year, developed economies have just begun to withdraw their easing this year, and the growth gap between them and emerging markets is likely to widen to the largest level in at least two decades.

• In just one day, more than 1.6 billion US dollars flowed into gold ETF GLD.

SPDR Gold (GLD), the world's largest gold exchange-traded fund, received $1.63 billion (10.3 billion yuan) on Jan. 21 alone, the largest net inflow of funds since the product went public in 2004. In kind, it is equivalent to 27.6 tons of gold bars. The market generally expects the Fed to formally start raising interest rates in March, but it is hesitant about what the Fed will say now, and it cannot be ruled out that the Fed may make further "hawkish" remarks to stimulate the market.

• Pfizer Inc's latest data: three doses of COVID-19 vaccine can produce antibodies to neutralize O'Micron mutant.

Pfizer Inc issued an official announcement, releasing data from two latest trials obtained jointly with BioNTech, indicating that three doses of COVID- 19 vaccine caused antibodies to neutralize the Omicron variant (B.1.1.529). The study, published in the journal Science, includes serum readings from 51 individuals who received two or three doses of BNT162b2, as well as a study to assess the neutralization potential of serum antibodies from partially inoculated individuals to live viruses. Both series of data confirmed the previously published preliminary results that BNT162b2-induced serum antibodies neutralized SARS-CoV-2 Omicron mutants after three doses of immunization.

• World Health Organization (WHO) senior official: the conditions are ripe for more COVID-19 variants to appear.

Senior officials at the World Health Organization (WHO) warned that the epidemic should not be thought to be coming to an end, saying that if the right action was taken, the epidemic could reach a turning point this year. Last week, COVID-19 had an average of 100 new infections every three seconds, and people died of the virus every 12 seconds, according to WHO.

Review of US stocks

• Us stocks staged a V-shaped rebound, with the Nasdaq recovering 4.9 per cent, the biggest reversal since the 2008 financial crisis

The Dow rose 0.29%, down more than 3.2% at one point in intraday trading; the S & P 500 index rose 0.28%, and at one point it was down about 4%. FAAMNG star technology stocks reversed with the market at the end of the day, only Apple Inc and Netflix Inc fell, Facebook fell; most popular Chinese stocks fell, BABA closed down more than 2%, Baidu, Inc. fell nearly 5%, Tencent ADR fell 0.8%.

• Tesla, Inc. filed a counterclaim against JPMorgan Chase & Co

$JPMorgan Chase & Co (JPM.US) $Previously set the$Tesla, Inc. (TSLA.US) $He went to court, accusing Tesla, Inc. of violating the warrants agreement and demanding compensation of more than $162 million. In response, Tesla, Inc. fought back, accusing JPMorgan Chase & Co of being "dishonest and greedy". "JPMorgan Chase & Co hopes to make a windfall for himself by changing the terms. "

• According to the media: Tesla, Inc. plans to enter the Turkish market this year

According to several local media reports, Tesla, Inc. plans to enter the Turkish market this year. A few days ago, Tesla, Inc. has appointed Kemel Gecer as the CEO of its Turkish subsidiary Tesla Motorlari, while significantly increasing the subsidiary's capital from 710000 Turkish lira to 50 million Turkish lira. The company hopes to open stores, build superchargers and bring Model S, 3, X and Y to market by 2022.

• Dutch regulators found that Apple Inc did not open the third-party payment system and imposed a fine of 5 million euros

The Dutch Consumer and Market Administration (ACM) said in a statement on January 24 that $Apple Inc (AAPL.US) $failed to meet its requirements for dating App supplier payment system, and said Apple Inc must pay the first fine of 5 million euros to ACM. ACM said Apple Inc did not meet the requirements in many ways. Most importantly, dating App providers are still unable to use other payment systems, and suppliers can only express their "interest".

• The software engineering director of Apple Inc's automobile team left, and almost all of the management team had left before.

It is reported that Apple Inc's head of automotive software engineering, Joe Bass, has resigned. With the departure of Bass, almost all of Apple Inc's automobile management team left a year ago. Bass is now the director of technical project management for VR at Meta. Judging from the current rumors, Apple Inc may announce a series of strategic electric vehicle cooperation in 2022 and launch electric vehicles in 2025.

• Ford announces that its new SUV model "Bronco Raptor" will go on sale later this year

F.US (Ford) $officially unveiled a SUV called Raptor, which will go on sale later this year, starting at about $70000. Ford said orders for the first Raptor would begin in March and delivery would begin in the summer. "We have invested all our enthusiasm and all our expertise to create this absolute desert racing beast," Ford's CEO said in a press release. "

• Three US states and Washington, D.C. Sued Alphabet Inc-CL C for improperly obtaining user location data

The attorneys general of three US states and Washington, D.C., filed a lawsuit on Jan. 24, accusing $Alphabet Inc-CL C-C (GOOG.US) $of deceiving consumers into sharing their location data, Capitol Hill reported. According to the lawsuit, Alphabet Inc-CL C has made misleading promises to ensure users' privacy since at least 2014, and is also suspected of using user interface skills to allow users to inadvertently share more data against their will.

• Toyota Motor Corp's Japanese factory will stop production for another two days.

Toyota Motor Corp (TM.US) $announced on its website today that production of finished cars in domestic factories will be suspended on January 25 and January 26. Some factories and production lines that were scheduled to be suspended in February will now be operational, and Toyota will continue to do its best to deliver as many vehicles as possible.

• Boeing Co invested 450 million US dollars in Wisk, an air taxi company, for the development of self-driving technology.

Us aircraft maker $Boeing Co (BA.US) said on Monday it was investing $450 million in Wisk, a maker of electric vertical take-off and landing aircraft, to support the development of unmanned aerial taxis. Marc Allen, chief strategy officer of Boeing Co, said: "We believe that this is the biggest strategic advantage of Wisk, which is directed at unmanned aerial vehicles and is based on this principle at every level of design and development. "

• IBM's profit and revenue exceeded expectations, rising by more than 7% at one point in after hours.

International Business Machines Corp (IBM.US) $released its fourth-quarter results after trading, which showed that the company's fourth-quarter revenue was $16.7 billion, up 6% from a year earlier, or $3.35 per share, both above analysts' expectations. IBM shares jumped 7 per cent in after-hours trading.

• Panasonic is reported to invest $700 million to build a battery plant in Japan, and 4680 prototype batteries will be put into production as early as 2023.

ADR (PCRFY.US) $plans to invest about 80 billion yen ($700 million) to build a battery plant in Japan, the Nikkei News reported. In addition, Panasonic will produce 4680 prototype batteries for Tesla, Inc. as early as 2023. Panasonic will produce 4680 batteries at a factory in Kawayama Prefecture, Japan, with an annual output of about 10 gigawatt hours, equivalent to providing batteries for 150000 cars, the report said. The new battery pack can extend the range by about 1/5.

Yesterday's turnover of US stocks TOP20

Turnover TOP20: Tesla, Inc. and other tech giants' financial reports will be announced soon.

The Prospect of Hong Kong City

• Beishui made a net purchase of Meituan for 15 consecutive days, increasing its position by more than HK $700 million today.

On Monday, January 24th, southbound funds bought a net 2.669 billion yuan, while Meituan-W, China Mobile Limited and Tencent received a net purchase of HK $724 million, HK $620 million and HK $502 million respectively. Sunny Optical Technology ranks first in net sales, with a value of HK $442 million. Southbound funds have bought Meituan for 15 consecutive days, accumulating a total of about 9.475 billion Hong Kong dollars, and Tencent for three consecutive days, accumulating about 3.657 billion Hong Kong dollars.

• $New Oriental Education & Technology Group-S (09901.HK) $It is expected that the termination of Kmur9 subject training business will have a significant adverse impact on the current fiscal year and subsequent total revenue

New Oriental Education & Technology Group announced on the Hong Kong Stock Exchange that in view of the fact that the total revenue generated by Kmuri 9 subject training services accounted for about 50% to 60% of the Group's total revenue in each of the financial years 2020 and 2021 respectively, we expect that the termination of business will have a significant adverse impact on the total revenue for the financial year ended 31 May 2022 and subsequent periods. In addition, significant costs ("additional costs") were incurred due to the closure of learning centres, termination of lease agreements and layoffs in the six months ended 30 November 2021.

• $COSCO Shipping Holdings (01919.HK) $The expected return profit in 2021 is 89.28 billion yuan, an increase of 799.3% over the same period last year.

COSCO Shipping Holdings (01919) issued an announcement that the group expects to make a net profit attributable to shareholders of about 89.28 billion yuan (the same below) for the year ended December 31, 2021, compared with about 9.93 billion yuan for the year ended December 31, 2020, an increase of about 79.35 billion yuan or 799.3%. It is expected that the net profit attributable to shareholders after deducting non-recurrent gains and losses will be about 89.14 billion yuan during the reporting period, an increase of about 79.55 billion yuan or 829.2% compared with the net profit after deducting non-recurrent gains and losses belonging to shareholders for the year ended December 31, 2020. It is estimated that the basic earnings per share for the reporting period is about 5.59 yuan, while for the year ended December 31, 2020, the basic earnings per share is 0.81 yuan and the adjusted basic earnings per share excluding rights is 0.62 yuan.

• $China Evergrande Group (03333.HK) $The company and its consulting team have started an active dialogue with overseas creditors

China Evergrande Group announced on the Hong Kong Stock Exchange in the morning that the company and its advisory team have started an active dialogue with overseas creditors. In its communication with creditors, the Company has made it clear that the Company and the risk Resolution Committee of the Company have been making unremitting efforts to assess the situation of the Group and stabilize production operations, with a view to formulating a restructuring plan that is beneficial to all stakeholders. In view of the size of the Group, the large number of stakeholders and the complexity of the situation, the Group still needs more time to fully consider, fully evaluate and measure a number of potential options in order to further communicate responsibly with overseas creditors.

• $Chizi City Technology (09911.HK) $It is proposed to place 92.366 million shares from old to new, with a total of HK $351 million

Chizi City Technology announced that on January 24th, 2022, the company, Spriver Tech Limited (as the seller) and CITIC CLSA (as the exclusive placing agent) entered into the placing and subscription agreement, according to which the exclusive placing agent has agreed to act as the seller's agent to urge not less than six buyers to purchase 92.366 million shares held by the seller at a price of HK $3.80 per share on a best-effort basis. And the company conditionally agreed to issue 92.366 million new shares to the seller at a price equivalent to HK $3.80 per share, Chizi City Technology closed at HK $4.22 yesterday. The total and net proceeds from the placing and subscription are expected to be about HK $351 million and HK $347 million respectively.

Focus today

Key words: Microsoft Corp, Johnson & Johnson, General Electric Co, American Express Co, etc.

On Tuesday, investors can pay attention to the global economic data.The annual rate of house price index of S&P/CS20 major cities in November, the monthly rate of FHFA house price index of November in the United States,Consumer confidence Index of the United States Conference Board in January等。

In addition, IMF will release the World Economic Outlook report, which investors also need to pay attention to.

Financial reportBefore the market on Tuesday$Johnson & Johnson (JNJ.US) $、$American Express Co (AXP.US) $、$General Electric Co (GE.US) $Publish the financial report$Microsoft Corp (MSFT.US) $The results will be announced after trading.

Niuniu morning reading:

In order to invest in stocks, it is inevitable that some places need to rely on luck, but in the long run, good luck and bad luck will offset each other. If you want to continue to succeed, you must rely on skills and good principles.

-- Philip Fisher