Hot news

• Us inflation is likely to continue to soar in January, which is expected to put pressure on the Federal Reserve to raise interest rates

Economic data are expected to show that inflationary pressures in the United States continue to pick up at the beginning of the year, which could prompt the Fed to raise interest rates next month.

According to the median forecast of survey economists, the US consumer price index (CPI) is likely to rise 7.3 per cent in January from a year earlier, the biggest year-on-year increase since early 1982. Excluding volatile energy and food, the CPI is expected to rise by 5.9%. The move comes after the government released its latest non-farm payrolls report, showing new momentum in the labour market and faster wage growth, raising expectations that the Fed would raise interest rates more aggressively.

• Non-farm payrolls in the United States increased by 467000 in January, unexpectedly better than expected

Non-farm payrolls posted the biggest increase in three months, with nearly 710000 jobs revised up sharply before November and December. The unemployment rate rose slightly to 4%, still close to market expectations and 3.9%, the lowest since the outbreak in December. The labor force participation rate is the highest in the epidemic. The year-on-year increase in hourly wages was the biggest in 20 months. Fed hawks are expected to raise interest rates.

• Before US Credit week: investors are at a loss in interest rate anxiety

As credit markets continue to show signs of stress, borrowers are likely to continue to look for stable windows to issue new bonds next week, while investors remain picky. Wall Street syndicate is expected to issue about $20 billion of new investment-grade debt. Professionals believe that as the company deals with volatility, the three issuers that chose not to press ahead with the deal on Thursday will re-examine it next week.

So far this year, the sell-off in US bonds and related derivatives has been rapid and massive-monetary policy uncertainty remains high and risk premiums are likely to widen in the coming weeks. Credit market volatility accelerated on Thursday and peaked on Friday after Barclays' poor earnings report unnerved investors, as a stronger-than-expected US non-farm payrolls report supported the Fed's case for raising interest rates.

• Us Treasury Secretary Yellen said there was "no plan to leave" and that the goal was far from being achieved.

Us Treasury Secretary Janet Yellen says there is too much unfinished work to consider leaving the job after just over a year of work.

"We still have a lot of important work to do," Ms. Yellen, 75, said in a statement last week after her first year in office. "I have no plans to leave the Treasury any time soon. Ms Yellen predicted in June that inflation would slow to about 3 per cent in the second half of the year before rising to a four-year high of 7 per cent in December, outweighing wage increases.

• The epidemic in the United States is serious! Novel coronavirus was detected in 98% of wastewater samples in the United States.

On the 4th, there were more than 900000 deaths of COVID-19 in the United States. How serious is the epidemic in the United States? The results of a new national waste water sample show that. The CDC released the monitoring data at a media briefing, and the results showed that during these 15 days, the wastewater monitoring system collected more than 34000 wastewater samples representing about 53 million Americans. 98 per cent of the monitoring stations detected novel coronavirus in all the samples they collected.

Review of US stocks

• The three major indexes of US stocks were mixed, and some technology stocks rose sharply.

Us stocks closed on Feb. 4, with the Nasdaq up 1.58%, the S & P 500 up 0.52% and the Dow down 0.06%.

U. S. large-scale technology stocks generally strengthened, Amazon.Com Inc, Pinterest, Snapchat and other technology stocks rose sharply, these companies have announced strong financial results. JD.com, Bilibili Inc., NIO Inc. Automobile, Li Auto Inc., XPeng Inc., iQIYI, Inc., RLX Technology Inc. and other Chinese stocks rose generally.

• Amazon.Com Inc Q4 net profit increased by 98% compared with the same period last year.

$Amazon.Com Inc (AMZN.US) $Net sales in the fourth quarter of 2021 were $137.412 billion, up 9% from a year earlier; net profit was $14.323 billion, up 98% from a year earlier; and diluted earnings per share were $27.75, compared with $14.09 a year earlier. Net sales of AWS cloud platform were $17.78 billion in the fourth quarter, up 40% from a year earlier, while net sales of the business for the whole of 2021 were $62.202 billion, up 37% from a year earlier.

The company also announced that it will raise the price of Prime members in the United States from $12.99 to $14.99 a month and nearly 17% to $139 a year from $119. This is the first time Amazon.Com Inc has raised the price of Prime since 2018.

• Meta Platforms Q4 buys back nearly $20 billion of shares

According to$Meta Platforms (FB.US) $In its 2021 report to SEC, the company bought back $19.2 billion of shares in the fourth quarter, exceeding the $10 billion expected by Morgan Stanley analyst Brian Nowak. Meta bought back 21.7 million shares at an average price of $326.20 in October, another 21.6 million shares at an average price of $335.09 in November, and continued to buy back 14.73 million shares at an average price of $329.97 in December, according to the report. The total number of repurchased shares reached 58 million in three months.

• Copy the bottom! The new products of the 60 trillion yuan asset management giant went public and bought these Chinese stocks.

Recently, a Chinese technology ETF-iShares MSCI China Multisector Tech ETF (Asustek MSCI China Multi-Industry Technology ETF, code TCHI), owned by Blackrock, the world's number one asset management giant, was listed on Nasdaq. This is the first Chinese science and technology ETF owned by 63.6 trillion yuan asset management giant Blackrock.

As of Feb. 3, the top 10 heavy stocks of TCHI are$Baidu, Inc. (BIDU.US) $, Tencent, Sunny Optical Technology, NetEase, Inc, JD.com, Ningde Times, XIAOMI, Meituan, BABA,$Pinduoduo (PDD.US) $。

• Global New Energy vehicle sales list in 2021: Tesla, Inc. ranks first

The list of global new energy brand sales in 2021 has been released. In the global new energy brand sales list TOP20, there are 8 Chinese brands, 4 German brands, 3 European brands, 2 American brands, 2 Korean brands and 1 Japanese brand. Compared with the previous year, sales of new energy passenger cars increased by 108% in 2021, the highest annual growth rate since 2012.

In terms of the performance of model sales$Tesla, Inc. (TSLA.US) $The annual sales of Model 3 exceeded 500000, ranking first and becoming the best-selling pure electric model for four years in a row, while Wuling New Energy sold 452238 vehicles, an increase of 160% over the same period last year, of which Hongguang MINI EV ranked second with annual sales of 426452 vehicles. Tesla, Inc. Model Y ranked third with annual sales of more than 410000 vehicles. Ranked fourth to 10th are Volkswagen ID.4, BYD Qin PLUS DM-i, ideal ONE, BYD Han EV, BYD Song Pro/PLUS DM-i, Chang'an Benz E-star, Volkswagen ID.3.

• Apple Inc gives priority to the production of iPhone13 series, and the delivery time of iPad is up to 63 days.

According to media reports, due to the global shortage of chips$Apple Inc (AAPL.US) $Production of the iPhone 13 is being given priority, and buyers of iPad have to wait for a delivery date of up to nine weeks. As Apple Inc CEO Tim Cook said, although Apple Inc can generally do better than most companies in the global chip shortage, the company also has to choose to cut back on iPad production. Now the new data show that this situation continues.

• It is said that both Amazon.Com Inc and Nike Inc are considering acquiring Peloton.

A person familiar with the matter said$Nike Inc (NKE.US) $和$Amazon.Com Inc (AMZN.US) $Each is evaluating the interactive fitness platform.$Peloton Interactive (PTON.US) $However, no negotiations have been held with Peloton, and the current evaluation is still in its infancy. Since Peloton's market capitalization has shrunk from nearly $50 billion to less than $8 billion in just 12 months, it is speculative to consider an acquisition at this time.$Apple Inc (AAPL.US) $And large private equity funds are also likely to be potential buyers.

• The supply of chips is tight, and Ford plans to suspend or cut production at eight plants next week.

February 6th$Ford Motor (F.US) $A spokesman said the company plans to suspend or cut production at eight of its plants in the US, Mexico and Canada next week because of tight supply of chips. Ford also warned that a shortage of chips would lead to a drop in car production this quarter. The company had previously reported lower-than-expected quarterly revenue and predicted that car production would recover more slowly than rival General Motors Co in 2022.

• Huazhu's share price rose, with 137 million trips across the country in the first three days of the Spring Festival holiday.

China's multi-brand hotel chain group$Huazhu (HTHT.US) $Share prices are higher. According to the statistics of the data Center of the Ministry of Culture and Tourism, in the first three days of the Spring Festival holiday, the demand for short-distance trips, rural tours, ice and snow tours, urban leisure, and visiting relatives and friends was gradually released, and the passenger flow in historical and cultural blocks, tourist leisure blocks and major urban cultural places increased. A total of 137 million domestic tourists traveled across the country, returning to 71.5 percent of the same period of the 2019 Spring Festival holiday according to a comparable caliber, and domestic tourism revenue reached 167.849 billion yuan.

Friday (February 4) US stock turnover TOP20

The Prospect of Hong Kong City

• Wuxi Biologics: profits belonging to shareholders are expected to increase by more than 98% year on year in 2021.

$Wuxi Biologics (02269.HK) $According to the announcement of the Hong Kong Stock Exchange, the corporate profits recorded in 2021 and the profits attributable to the company's equity shareholders are expected to increase by more than 105% and 98% respectively compared with the same period last year.

• Goliath-B: us clinical trial application for oral PD-L1 small molecule inhibitor ASC61 approved for treatment of advanced solid tumors

$Golly Pharmaceuticals-B (01672.HK) $It was announced that Gurley's completely self-developed oral PD-L1 small molecule inhibitor ASC61 has been approved by the US Food and Drug Administration (FDA) to carry out clinical trials for the treatment of advanced solid tumors. This is the second US clinical trial approved by Goliath in 2022 after ASC22 was approved for functional treatment of chronic hepatitis B.

• BABA applies for registration of an additional 1 billion American depositary shares

News on February 4th$BABA-SW (09988.HK) $The Hong Kong Stock Exchange announced that it had filed Fmure 6 documents with the US Securities and Exchange Commission (SEC), applying for the registration of an additional 1 billion ADS (American depositary shares), each representing eight common shares with a par value of $0.000003125 each.

• BYD: sales of new energy vehicles in January were 93200, up 361.73% from the same period last year

News on February 6th$Byd Company Limited (01211.HK) $It was revealed that KuaiBao produced and sold 94101 vehicles in January 2022, an increase of 97.62% over the same period last year, and sales of 95422 vehicles, an increase of 125.05% over the same period last year. Among them, the output of new energy vehicles was 91736, an increase of 309.66 percent over the same period last year, and sales were 93168, an increase of 361.73 percent over the same period last year.

• GOGOX heard through HKEx

According to the Hong Kong Stock Exchange$GOGOX (temporary Code) (810206.HK) $Through the hearing of the Hong Kong Stock Exchange, China International Capital Corporation, UBS, BoCom International and Agricultural Bank of China International served as co-sponsors. According to the prospectus, GOGOX is the main online logistics platform in Asia. According to Frost Sullivan, the company is the second largest online intercity logistics platform in mainland China and a market leader in Hong Kong in terms of total transaction volume in 2020.

• Jinmao, China: Jinmao Service has submitted a post-hearing information set to the Stock Exchange on the proposed spin-off.

According to the disclosure of the Hong Kong Stock Exchange on February 6$Jinmao property (temporary Code) (810199.HK) $Through the listing hearing of the HKEx, China International Capital Corporation and HSBC Holdings PLC are its co-sponsors.

• IMAX China: estimated net profit attributable to shareholders for 2021 is about US $37.5 million to US $39 million

$IMAX China (01970.HK) $According to the announcement, the Group is expected to make a net profit attributable to the owners of the company of approximately $37.5 million to $39 million for the year ended 31 December 2021 and a net loss of approximately $27 million for the year ended 31 December 2020.

Focus today

Key words: China Caixin Service PMI, on Semiconductor Financial report

Monday,Economic dataInvestors can pay attention to a series of important data in China, including Caixin Service PMI and so on.

Judging from the situation of China's industry, the trend of each industry is obviously different. Among them, the monetary and financial services business activity index is located in the high boom range of more than 60.0%. Recently, a series of monetary policies such as reserve requirement and interest rate cuts to support the development of the real economy have been implemented, and the total business volume of relevant financial institutions has grown rapidly.

Financial report，On Semiconductor (ON.US) $The results will be announced before the trading of US stocks.

In terms of new sharesThree US stocks will be listed on the same day, namely:$tru Shrimp Companies, Inc. (BTRU.US) $、$Meihua International Medical Technologies (MHUA.US) $及$VIVAKOR INC (VIVK.US) $。

Niuniu morning reading:

When you own good company stock, time is on your side.

-Peter Lynch.