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一周前瞻 | 重磅数据及事件一览表

Weekly preview | A list of major statistics and events

富途资讯 ·  Nov 1, 2020 18:41  · Exclusive

A major financial event will hit next week:

The quadrennial US presidential election officially begins, and this Tuesday is polling day.

The IPO market is hot: ant AH shares will be listed on the same day on Thursday; GDS Holdings Limited and Yao Ming Juno will be listed on the Hong Kong Stock Exchange on Monday and Tuesday respectively.

Blockbuster financial reports: BABA / Qualcomm Inc / PayPal/ The Estee Lauder Companies Inc / BeiGene, Ltd. / AstraZeneca PLC and other famous companies released their results

The third China International Import Expo (Expo) will open in Shanghai on Wednesday.

Monday November second

Key words: GDS Holdings Limited IPO;PayPal, The Estee Lauder Companies Inc Financial report; European Central Bank meeting of manufacturing PMI; in various countries

$GDS Holdings Limited-SW (09698.HK) $The company issued 160 million shares, priced at HK $80.88 per share, and is expected to go public on November 2nd. Due to$GDS Holdings Limited (GDS.US) $One US share is equal to 8 common shares, and the price of one share in the Hong Kong stock market should be the same as that of US stocks.

$GDS Holdings Limited-SW (09698.HK) $It is the largest operator network-neutral data center service provider in China, accounting for 21.9% of operator-neutral market revenue in 2019. With a 19-year operating history, the company focuses on the development and operation of high-performance data centers, successfully meeting the requirements of some of China's largest and most demanding customers for data center outsourcing services. The company was listed for trading on NASDAQ at the end of 2016 under the symbol "GDS".

In terms of financial results, before Monday, the skin care and makeup giants$The Estee Lauder Companies Inc (EL.US) $Will issue a performance report, Alipay of the United States$PayPal Holdings Inc (PYPL.US) $Results will also be released after hours.

Data also need to focus on: China's October Caixin manufacturing PMI final value, euro zone October manufacturing PMI final value, UK October manufacturing PMI, US October Markit manufacturing PMI final value.

Us manufacturing activity slowed unexpectedly in September as new orders fell from more than 16-and-a-half-year highs, in line with expectations that economic growth fuelled by fiscal stimulus measures had slowed in the summer. The Fed's October beige book said manufacturing activity grew at a "moderate" pace.

Tuesday November third

Key words: voting in the US general election; Lenovo Group Limited financial report of Yao Ming Ju Nuo IPO;; Australian interest rate resolution

On November 3rd, the quadrennial US presidential election polling day attracted a lot of attention.Due to the impact of the epidemic, the election increased the mail of votes, the process is full of uncertainty. Trump claimed in the absence of evidence that the mailing of a large number of votes led to Democratic fraud, and repeatedly reiterated that he would not transfer power peacefully if the counting showed that he had lost to Democratic candidate Joe Biden.

Recently, the epidemic in the United States has surged again, and the number of COVID-19 cases has surged again in many places. so far, more than 235000 people have been killed by novel coronavirus. Trump's failure to fight the epidemic has become the dominant topic of the campaign. Trump still lags behind Biden in national polls, but the race has become more intense in several swing states that could determine the outcome of the election. The US presidential election is likely to have the highest turnout in more than 100 years.

Democrats are worried that the Trump campaign will challenge the election results. This could lead to legal and political disputes, when it may be up to the courts, state politicians and Congress to decide who will be president.

Tuesday's IPO market, "Yao Ming Department No. 3"$Yao Ming Gu Nuo-B (02126.HK) $Will be listed on the Hong Kong Stock Exchange.The company plans to issue 97.692 million shares, including a public offering of 9.77 million shares and an international offering of 87.922 million shares at an issue price of HK $20 to HK $23.80 per share.

Yao Ming Ju Nuo is made up of$Wuxi Apptec (02359.HK) $Established as a joint venture with Juno of the United States in 2016, Wuxi Apptec is the absolute leader in China's CXO industry, with incomparable advantages in customer resources, enabling platform, talent advantages and so on.

"Yao Ming Department No.2"$Wuxi Biologics (02269.HK) $Once a subsidiary of Wuxi Apptec, Wuxi Biologics was later split and listed in Hong Kong. Wuxi Biologics is now the absolute leader in China's biopharmaceutical CDMO industry. Wuxi Apptec and Wuxi Biologics both listed in Hong Kong in 2019, up more than 200% so far.

In terms of financial reporting, China's science and technology veteran leader$Lenovo Group Limited (00992.HK) $The results report will be released on Tuesday.Investors can pay attention to it at that time

In terms of data, investors can follow the announcement of interest rate decisions by the RBA.The RBA left overnight lending rates unchanged at a record low of 0.25 per cent in October, but hinted at further easing of monetary policy to support the economy hit by the COVID-19 epidemic. Australia's economy is suffering its worst contraction since the Great Depression.

RBA President John Lowe said he would assess the extent to which further monetary easing measures can help the Australian economy out of recession at future policy meetings. Another issue that the Committee is considering is the possible impact of further easing on financial stability and long-term macroeconomic stability. The implications of expanding the balance sheets of other central banks are also a point that the RBA needs to consider when making possible policy options.

Wednesday November fourth

Key words: Qualcomm Inc Financial report; the third China Expo; Service PMI of various countries

On Wednesday, the world's famous semiconductor company$Qualcomm Inc (QCOM.US) $The results report will be released after trading.

On the same day, the opening ceremony of the third China International Import Expo (Expo) was held in Shanghai.From November 5 to 10, the third Jin Expo was held in Shanghai, China. According to the publicity meeting of the characteristics of the six major exhibition areas of the third Enterprise Business Exhibition, there are more than 30 top 500 and leading enterprises in the consumer goods exhibition area, more than 70 medical exhibition areas, more than 50 service trade exhibition areas, more than 60 technical equipment exhibition areas, and nearly 30 food and agricultural products exhibition areas. In other words, in the above five exhibition areas alone, the number of the world's top 500 and leading enterprises exceeds 240.

Industry insiders believe that the world's top 500 and leading enterprises have great interest and expectations in the Chinese market, and generally hope to take advantage of the Expo platform to predict China's policy trends, market hotspots and priorities.

On the data side, investors can follow the PMI data of service industries in various countries on Wednesday.The final PMI value of the Markit service industry in the United States in October will also be announced.The outside world is generally not optimistic becauseFor the millions of American job seekers who previously worked in the service industry but are still unemployed, their jobs before COVID-19 's crisis may not be restored for many years, or never. The number of new cases has surged again, which could lead to new restrictions on service companies.

Employment in the leisure and hotel industry has plunged 23% from before the outbreak, more than any other industry, and more temporary unpaid leave measures have become permanent layoffs.

Thursday November fifth

Key words: ant Group IPO; BABA / BeiGene, Ltd. / AstraZeneca PLC Financial report; Bank of England meeting

Thursday will also be a hot day for the investment market.Ant Group (06688.HK) $A-shares and H-shares are expected to list simultaneously on Science and Technology Innovation Board and the Hong Kong Stock Exchange next Thursday.

Calculated at the issue price of HK $68.8 per share and HK $80 per share, before the exercise of the over-allotment optionAnt Group (06688.HK) $A shares and H shares raised 114.945 billion yuan and 133.7 billion Hong Kong dollars respectively, totaling about 230 billion yuan, making it the largest IPO in the history of the world. Ant Group listed on the market, or easily won the A-share market capitalization of the first seat.

On the same day, Big Brother of Ant GroupE-commerce leader$BABA (BABA.US) $The results will also be released before the US stock market opens on Thursday. High-level and heavy position$BeiGene, Ltd. (06160.HK) $The results are also released on Thursday. In addition, COVID-19 vaccine has entered the phase III trial of the British biomedical giant.$AstraZeneca PLC (AZN.US) $, American taxi-hailing app all over the world$UBER TECHNOLOGIES INC (UBER.US) $American Automobile Company$General Motors Co (GM.US) $The results report will also be released on the same day.

On the foreign economic front, investors can follow the Bank of England meeting.Bailey, governor of the Bank of England, said this month that there was a high risk that Britain's economic growth would continue to disappoint and that the UK faced unprecedented uncertainty as cases of COVID-19 infection began to rise again.

The UK economy shrank by 20 per cent in the three months to June, the biggest decline in a large developed economy, and Mr Bailey reiterated that he expected economic output at the end of the third quarter to be 10 per cent lower than it was at the end of 2019.

Many analysts expect the Bank of England to announce bond purchases on top of the £310 billion ($400 billion) of asset purchases carried out since the outbreak began after its next policy meeting on November 5.

Friday November sixth

Key words: Fed interest rate resolution, Powell speech; US unemployment rate in October

On Friday, the capital markets have nothing to pay attention to for the time being, but on the macroeconomic sideThe Federal Reserve will release interest rate decisions and policy statements in NovemberIt has attracted the attention of the market. There is a 100% chance that the Fed will keep interest rates in the 0.5% range in November; or it will keep interest rates at 0% in December or 0.25%.

Powell, chairman of the Federal Reserve, will also make a speech later.Earlier, Mr Powell warned that the US economic outlook was "highly uncertain" and that too little policy support could lead to more household and business bankruptcies and create "recessionary momentum", creating a situation in which "weakness will intensify".

But GDP growth in the United States hit a record high in the third quarter. The Fed's beige book released this month also showed that the US economy continued to recover slightly to moderately in early October as consumers bought and spent more. This could test the Fed's new commitment to maintain near-zero interest rates and increase its tolerance for inflation.

Unemployment report of the United States in OctoberIt will also be a focus for investors to pay attention to. The pace of recovery is slowing after the US job market improved sharply during the summer.

Economists warn that if the government does not inject new money, the recovery of the economy and labour market from the downturn triggered by the COVID-19 epidemic could stagnate. Some economists worry that the epidemic has led to long-term changes in the economy, like a replica of the 2008 financial crisis. Spending cuts and technological advances have reduced office, administrative, manufacturing and construction jobs, which have never returned to 2007 levels.

Dallas Fed President Kaplan said in October that economic activity during the outbreak shifted to industries that did not rely on face-to-face interaction, and that Americans most affected by unemployment needed help to get back to work. People in the hardest-hit industries during the outbreak, including women and ethnic minorities, need training, childcare and other resources to return to the job market.

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In the new week, I wish all investors all the best and enjoy their work. Thank you for your support to Futu Information!

Edit / Viola

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