Editor's note: Roblox and Nvidia released their financial reports on Tuesday and Wednesday respectively; Huitongda and Qingxi Medical were listed on Thursday; the Federal Reserve announced the minutes of the January interest rate meeting on Thursday, and the market will closely monitor the interest rate hike plan
On duty Editor: Travis
1. On the macro side,
market has been turbulent in the past week. The January CPI data released on Thursday, February 10 overturned many Wall Street people's expectations for interest rate hikes. Investor sentiment was once again hit hard Friday after the White House warned Russia that it could attack Ukraine during the Olympics. Peter Boockvar, chief investment officer of
Bleakley Advisory Group, said that the Fed has put everyone in a state of tension, and as the financial season is basically over, all macro issues have become important again.
Bannockburn Global Forex Chief Market Strategist Marc Chandler said before the escalation of the situation in Russia and Ukraine, he believed that everything was related to monetary policy, but geopolitical risks added additional unknown factors, the US dollar is rebounding, oil prices are rising, stock markets sell off, and even if nothing happens this weekend, investors will be nervous about the matter next week.
The Federal Reserve will hold a closed-door meeting next Tuesday to review and decide the advance and discount rates charged by the Federal Reserve. Judging from past experience, similar closed-door meetings of the Federal Reserve are actually not special. In fact, the closed-door meeting of the Federal Reserve reviewing and deciding the prepaid and discount rates charged by the Federal Reserve is itself agenda of the Fed's practice.
In addition, the Federal Reserve will announce the January interest rate meeting minutes on on Wednesday, February 16, and the market will closely monitor decision makers' new insights on interest rate hike plans, inflation prospects and balance sheet comments.
2. New stocks
Hong Kong stocks New stocks, Huitongda Network $09878.HK will announce the allocation results on Thursday, February 17 and officially land on the Hong Kong stock market on Friday. The company plans to issue 51.6062 million new H shares, with an entrance fee of HK$4,848.38 for . per share is priced at HK$43.00 to HK$48.00, with 100 shares per lot.
Huitongda is a trading and service platform for corporate customers in the retail industry in the sinking market. It provides retail industry chain participants with comprehensive services such as online and offline supply chain solutions, store SaaS+ services, merchant solutions, etc. According to the Frost-Sullivan report, according to the transaction scale for the sinking market in 2020, the company ranks first among the trading platforms serving corporate customers in the retail industry in China.
In addition, Clear Medical $01406.HK will also announce the allocation results on Thursday, February 17 and officially land on the Hong Kong stock market on Friday. The company plans to issue 135 million new shares, with an entrance fee of HK$3,788 for . issuance price per share of HK$1.6-3.0, with 1,250 shares per lot.
New US stocks , next week, only biotechnology company Ocean Biomedical and disposable medical device supplier Meihua International $MHUA is expected to be listed on Monday, February 14.
It is reported that the main market of Meihua International Medical is currently in China, and it also sells its products to more than 30 countries around the world, with 2,869 customers, including 473 direct sales customers and 2,396 distribution customers. Among them, the distribution model contributed most of the revenue, accounting for 88.15% and 89.41% of the revenue in 2019 and 2020 respectively. However, the company has not signed a long-term cooperation agreement with the distribution customers. If the company cannot establish and maintain sufficient sales channels to meet the growing product demand, it will have an adverse impact on the company's financial status and operating results.
Note: The IPO time of the US stock market may change at any time (including in advance, etc.), and investors need to pay attention to real-time update information.
3. In terms of financial report,
. Since the fourth quarter financial report is approaching its end, there are not many important companies to announce their results next week. Hong Kong stocks include . Standard Chartered Group $02888.HK, Xinhe Real Estate $00083.HK, Sands China $01928.HK , etc., what is worth paying attention to in the US stock market is "the first stock in the meta universe" Roblox $RBLX will release its financial report on Tuesday, February 15, NVDA and Cisco $CSCO will release its financial report on Wednesday, and Walmart $WMT is scheduled to disclose its quarterly report on Thursday.
According to Bloomberg, currently analysts' target price for Roblox in the next 12 months is $111.62, and the stock is currently priced at $66.81. Looking ahead, Bloomberg analysts believe that DAU growth can continue under the strength of the platform and international trends.
On the afternoon of February 8, Nvidia and SoftBank Group announced that due to regulatory challenges, they decided to terminate Nvidia's acquisition of SoftBank's Arm, and SoftBank will spin off Arm and prepare to go public separately in the future. Regarding this matter, market insiders believe that the failure to acquire Arm will not have an adverse impact on Nvidia. The stock has risen 0.99% over the past week, while the stock has risen 82.16% over the past year.
According to Bloomberg, analysts' current forecast for Nvidia's target price in the next 12 months is $345.25, and the stock is currently priced at $239.49. Bloomberg analysts believe that the strong fourth-quarter earnings report of Supermicro (AMD) indicates that Nvidia is expected to perform well, and the average selling price and gross profit margin of Nvidia products may benefit from the high demand for its GPU chips in the gaming and data center sectors.
above is the content that Fazi compiled for you in the next week. I wish you a smooth investment in the new week~
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