On January 20, Xiaomi Group’s stock price continued to rise, closing at HK $ 13.3, with a total market value of HK $ 319.284 billion, a new high in a year.
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Xiaomi’s stock price hits a new high in one year, and the value of 5G and AIoT is gradually released
On January 20, Xiaomi Group’s stock price continued to rise, closing at HK $ 13.3, with a total market value of HK $ 319.284 billion, a new high in a year. Since being included in the Hong Kong Stock Connect at the end of October last year, a large amount of domestic capital has begun to buy Xiaomi, which has become a direct driving force for Xiaomi’s stock price rise. According to statistics from Dharma Finance, from October 31, 2019 to January 16, 2020, domestic investors have purchased more than 900 million Xiaomi shares through the Hong Kong Stock Connect, with a shareholding ratio of 5.17%. At the same time, the Hong Kong Stock Exchange has recently considered the inclusion of companies with different shares in the Hang Seng Index, which has also increased the market’s optimistic expectations for Xiaomi’s market outlook.
With the advent of the 5G era, the market believes that Xiaomi’s revenue will also pick up in the next two quarters. A recent research report released by CITIC Securities mentioned that although Xiaomi ’s domestic share of mobile phones fell slightly to 9.8% in the third quarter of 2019, Xiaomi has adopted a series of positive measures to respond, including the dual-brand strategy of Xiaomi and Redmi; More than 10 5G mobile phones will be released in 2020; pricing strategy (from Red Rice K30 5G version starting from 1999 yuan). CITIC Securities judges that Xiaomi’s short-term sales pressure has basically bottomed out, and the above strategy is expected to form a positive support for Xiaomi’s mobile phone sales and domestic share in 2020.
In addition to 5G mobile phones, Xiaomi’s IoT strategy has also attracted much attention. Lei Jun announced the strategic upgrade of Xiaomi at the beginning of the year. On the “5G + AIoT” battlefield, Xiaomi will invest at least 50 billion yuan in the next five years. Past year …
Editor’s comment: The market’s optimism about Xiaomi’s 5G strategy, coupled with the layout of Xiaomi in the Internet of Things, has pushed Xiaomi’s stock price up this round. Xiaomi has also been on the market …
Tencent Liu Chiping: Enterprise development is a long-distance race, physical skills and willpower are the most important
Recently, the Tencent Investment IF (Insight & Forecast) conference was held in Beijing. Liu Chiping, president of Tencent, stated that the market environment has been difficult in the past year, but Tencent has not reduced its investment scale. As of now, Tencent investment companies have totaled more than 800 Homes, of which more than 70 have been listed, and more than 160 have a market capitalization or valuation of more than $ 1 billion.
Liu Chiping also mentioned that the core logic of Tencent’s investment is to create value, and its primary goal is to create user value, while Tencent’s own investment principles are user first, investee second, and Tencent third. The following is the core content of Liu Chiping’s speech:
The number one user is the number one companyAs a rule, because …
Editor’s comment: Liu Chiping said that investing makes Tencent “do something and do nothing”. Tencent’s own business involves a wide range, but the company’s genes have determined that it cannot cover everything, and investment …
This article comes from the paid section “Daily Business Collection”-January 20 Day
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