Hopeless retaliatory consumption has yet to see the dawn, and global business alerts have sounded.
Editor’s note: This article comes from WeChat public account “Ran Caijing” (ID: rancaijing) . p>
Author | Jin Yi Su Qi Tang Yahua p>
Edit | Wei Jia p>
p>
The domestic epidemic peak has passed, and foreign epidemics have begun to erupt. span> p>
In the evening of March 11, the World Health Organization adjusted the new crown epidemic to the level of “global pandemic”. In fact, as early as February 26, new cases abroad have already surpassed domestic ones. As of 7:00 on March 13th, Beijing time, 53,428 foreign patients have been diagnosed, with more than 6,000 newly added in a single day. p>
Affected by factors such as the epidemic situation, the global financial market opened a plunge pattern last night this morning, and the stock markets of more than 10 countries broke. The US stock market has melted three times so far, twice this week. In the end, U.S. stocks fell more than 9% across the board, and both the S & P 500 and the Dow hit their biggest one-day drop since “Black Monday” in 1987. Affected by the broader market, star Chinese stocks fell across the board, of which Alibaba fell 6.94%, Jingdong fell 7.87%, Pinduoduo fell 6.42%, NetEase fell 7.88%, Baidu fell 8.55%, Ctrip fell 5.95%, Litchi and Mushroom Street fell nearly 30%. p>
The impact of the epidemic on the global economy has gradually spread from the demand side to the supply side. China, and the United States, Japan, South Korea, Germany, Italy, Spain, Iran and other countries with severe outbreaks are mostly important exporting countries. p>
This means that the impact of the epidemic has started from the domestic consumption restraint in tourism, entertainment, catering and other industries, and began to penetrate the production link to impact the industrial chain. The pressure on China’s highly dependent industries has risen sharply. p>
Investors judge that the global spread of the epidemic first affects exports, followed by overseas companies, and then will be transmitted to the entire Internet industry. The retaliatory consumption expected by tourists has not seen the dawn, and global business alarms have been sounded; mobile phone manufacturers have bet heavily on the 5G replacement wave this year, but the consequences of leaving overseas supply chains are difficult to predict; cross-border e-commerce supply chains, The logistics capacity and the rhythm of resumption of work have been disrupted again; the companies that go to sea are several happy and sad; in the epidemic, the global villagers are isolated at home, impacting offline business and giving online products andThe service brings a traffic bonus. p>
Which Chinese technology companies have been most affected by the global epidemic? Ran Cai interviewed 6 investors, 7 companies, and 1 industry person, and made preliminary prejudgments and made recommendations on tourism, mobile phones, cross-border e-commerce, overseas, online entertainment, medical health, and games. . p>
A number of interviewees are worried about the duration of the epidemic. If it is about one to two months, the industry can barely bear it, but if it continues, the impact will be immeasurable. p>