Source: Xiao Feng's Internet jianghu
Author: Yang Xiaofeng
Institutions believe that with the continuous increase in the proportion of Hong Kong stock transactions by the Internet, Hong Kong stock transactions may be paid more and more attention, and the head company still has some room for investment.
Core viewpoints
1. The article previously wrote on June 30, 2022 that Internet companies that choose secondary listing (or dual listing) on the Hong Kong Stock Exchange will reflect the influence of Hong Kong stock trading in the pricing power of Internet assets by analyzing the changing trend of the proportion of companies trading on the Hong Kong Stock Exchange. By continuously tracking the data, we found thatThe proportion of Hong Kong stocks traded on the Internet continues to rise.。
2. The changing trend of trading volume:
①$BILIBILI-W (09626.HK)$Vs$Bilibili (BILI.US)$From October 2021 to October 2022, the trading proportion of Bilibili Inc. on the Hong Kong Stock Exchange is on the rise.From 13.46% in October 2021 to 29.18% in October 2022
②$NetEase, Inc.-S (09999.HK)$Vs$NetEase (NTES.US)$From October 2021 to October 2022, the trading proportion of NetEase, Inc on the Hong Kong Stock Exchange is on the rise.From 19.51% in October 2021 to 45.21% in October 2022
③$JD.com, Inc.-SW (09618.HK)$Vs$JD.com (JD.US)$From October 2021 to October 2022, the proportion of trading on the Hong Kong Stock Exchange of JD.com Group continued to rise.From 16.75% in October 2021 to 31.59% in October 2022
④$BABA-SW (09988.HK)$Vs$Alibaba (BABA.US)$From October 2021 to October 2022, the trading proportion of BABA on the Hong Kong Stock Exchange is on the rise.From 15.08% in October 2021 to 21.96% in October 2022
⑤$BIDU-SW (09888.HK)$Vs$Baidu (BIDU.US)$From October 2021 to October 2022, the trading proportion of Baidu, Inc. on the Hong Kong Stock Exchange is on the rise.From 8.84% in October 2021 to 19.41% in October 2022
⑥$TRIP.COM-S (09961.HK)$Vs$Trip.com (TCOM.US)$From December 2021 to October 2022, the trading proportion of Trip.com on the Hong Kong Stock Exchange showed an upward trend.It rose from 7.08% in October 2021 to 22.4% in October 2022.
3. Investment suggestions:
We believe that with the continuous increase in the proportion of Hong Kong stock transactions made by the Internet, Hong Kong stock transactions may be paid more and more attention, and the head company still has some room for investment. Therefore, it is recommended that you pay attention to
1) Internet giants with more space in related fields in the process of going out to sea$TENCENT (00700.HK)$、$Meituan-W (03690.HK)$和$Pinduoduo (PDD.US)$；
2) the second-tier Internet leader with sustained and steady growth in the core main business$JD.com, Inc.-SW (09618.HK)$/$JD.com (JD.US)$和$NetEase, Inc.-S (09999.HK)$/$NetEase (NTES.US)$；
3) the quality of the Internet exceeds the standard of decline$Bilibili (BILI.US)$，$KUAISHOU-W (01024.HK)$，$Alibaba (BABA.US)$/$BABA-SW (09988.HK)$，$XD Inc. (02400.HK)$，$China Literature (00772.HK)$，$KINGSOFT (03888.HK)$，$Vobile Group Limited (03738.HK)$，$BAIOO (02100.HK)$等.
4. Risk tips:
The liquidity of Hong Kong stocks is not as expected, the speed of entering Hong Kong stocks is not as fast as expected, and the Internet performance of Hong Kong stocks is not as expected.
Edit / somer