[Brokerage Focus] UBS Group's feedback on the china internet plus-related industry market: Investor sentiment and industry trends.
UBS Group recently conducted a survey of 59 investors in asia, the results show that investors maintain a strong interest in china's internet plus-related industry, but adopt a cautious attitude towards online media and gaming industries. Investors prefer sub-industries that are more sensitive to the macroeconomy, such as e-commerce and local services.
A glimpse ahead: The Chinese concept stock financial report season has begun! Tencent and Alibaba are the first to release their reports. Who is expected to sound the horn of a new round of "counterattack"?
Starting next week, a new round of financial reporting season for Chinese network technology stocks will officially begin. Star companies such as Tencent, alibaba, and Meituan will release their financial reports one after another. The capital markets once again focus on Chinese concept stocks, can this financial reporting season bring surprises to the market?
"Great Impact" Morgan Stanley's first choice for digital entertainment has been switched from Bilibili (09626.HK) to Netease (NTES.US).
JPMorgan released a research report stating that it is switching its top preference for digital entertainment from Bilibili (09626.HK) to Netease (09999.HK) (NTES.US) to better reflect its optimism about Netease's stock performance in the next 6 to 12 months. The bank believes that Netease's gaming revenue will turn positive starting from the first quarter of next year, with a PE ratio of 11 times. The bank points out that Netease's performance in the third quarter was not surprising, and significant financial data fell short of expectations, which may have a negative impact on the stock price. However, the bank believes that from a 6 to 12 month perspective, the risk-return ratio has become attractive. The bank believes that investors are nearing
Daiwa: Bilibili's third-quarter performance may be a key catalyst for the stock price, upgrading the rating to "buy" in one go.
Gelonghui November 11th | Daiwa released a research report, indicating that Bilibili's third-quarter performance may be a key catalyst for the stock price, expecting it to achieve a balance of profits and losses in the third quarter of this year, with an adjusted operating profit of 0.163 billion yuan. The bank pointed out that with the visibility of Bilibili's profitability trajectory becoming clearer, it believes that its advertising and gaming business may become the two main pillars driving further profit growth in the future. Daiwa predicts that after the fourth season game update of Bilibili's game 'Three Kingdoms: Strategic Edition', its total IOS revenue ranking will once again rise to the top 10. The bank also expects that the game income of Bilibili's 'Jujutsu Kaisen' will increase further.
Dah Sing upgraded Bilibili (09626.HK) rating to 'buy'. The third-quarter performance may be a key catalyst for the stock price.
Daiwa released research reports stating that Bilibili-W (09626.HK)'s third-quarter performance may be a key catalyst for its stock price, expecting it to achieve a breakeven in the third quarter of this year, with adjusted operating profit of 0.163 billion yuan. The bank mentioned that as the profit visibility of Bilibili becomes clearer, it believes that its advertising and gaming business may become the two main pillars driving further profit growth in the future. Daiwa pointed out that due to Bilibili's advantages in the gaming and 3C electronics sectors, its advertising revenue growth is expected to continue outperforming its peers. As major e-commerce platforms started their November 11 shopping festival-related activities earlier this year than last year.
One week preview | USA CPI, PPI data is coming! Powell and a group of Fed officials will speak intensively; The Chinese concept stock earnings season opens! Tencent, Alibaba performance will be announced soon.
China's financial data such as social zero, social financing, etc. will be released this week. The State Council Information Office will hold a press conference on the national economic situation; after the US election, the Bank of Japan will announce a summary of opinions from the October monetary policy meeting on Monday.