Reporter of the Economic Business: Zeng Zijian Reporter of the Economic Business Business: Xiao Ruidong
On May 10, 2022, the CSI CIMC listed company brand value 100 index (referred to as the CIMC brand 100 index, code: 931852) officially logged into the exchange. What kind of investment value does any index have and represents what kind of growth space it indicates. Often, the "appearance" of the top ten weighted sample companies can give the outside world a rough experience.
So, what companies are there in the top 10 weights of the 100 index of each business brand? What kind of investment value do these companies contain?
affects the world, covering the five major exchanges
According to the compilation method of the 100 index of each business brand, according to the weight of components . The top 10 companies are: Tencent Holdings, Meituan -W, Kweichow Moutai , Alibaba -SW, China Ping An , China Merchants Bank , Wuliangye , Pinduoduo, Xiaomi Group -W, Baidu . Each of these 10 companies is familiar with.
At present, the Shanghai and Shenzhen Stock Exchanges, Hong Kong Stock Exchanges, New York Stock Exchanges and Nasdaq are the main markets for listing of outstanding Chinese companies. As a cross-market index, all companies shortlisted for the 100 index of E-commerce Brands include the above five major exchanges.
Specifically, Tencent Holdings, Xiaomi Group and Meituan are listed on the Hong Kong Stock Exchange alone; Kweichow Moutai and Wuliangye are listed on the Shanghai and Shenzhen Stock Exchanges respectively; Alibaba-SW is listed on the Hong Kong Stock Exchange and New York Stock Exchange; Baidu is listed on the Nasdaq and Hong Kong Stock Exchange respectively; China Merchants Bank and Ping An are listed on the Shanghai Stock Exchange and Hong Kong Stock Exchange; and Pinduoduo is currently listed on the Nasdaq.
Picture source: Reporter Zhang Jian of Meike
Five major industries core companies were shortlisted for
The industry distribution of these 10 companies is the five major industries of Internet information services, Internet retail, liquor, finance and communication terminal equipment.
Among them, the Internet information service industry covers the most companies, including Tencent Holdings, Alibaba and Baidu; there are two companies in the Internet retail industry, including Meituan and Pinduoduo; there are two companies in the financial industry, namely Ping An of China and China Merchants Bank; and the liquor companies include Kweichow Moutai and Wuliangye; and the communication terminal equipment company is Xiaomi Group.
measures the index weight of sample stocks according to the index compilation method, which not only includes important brand value, but also includes important indicators such as the total market value of listed companies, circulation market value of . Therefore, the company that can become the top ten constituent stocks not only considers the brand value, but also market value is also an important indicator.
At present, the leading companies with the largest market value among Chinese companies are basically in these five major industries. For example, Tencent and Alibaba are the leaders of the two Internet information service industries with huge market capitalization. In addition, Ping An of China and Ping An of A shares and China Merchants Bank , which are listed in A shares and Hong Kong shares, not only have a large market value, but also have the top brand value.
The two leading companies in the liquor industry listed on the A-share market are typical representatives of the two major dimensions of the total market value and brand value. Among them, Kweichow Moutai is not only the leader in the total market value of A-shares, but also a benchmark enterprise in the long-term investment value concept. After years of development and growth, Wuliangye is also one of the top three companies listed in Shenzhen with total market value.
High "network content" indicates a high growth space for index
Carefully study of the 100 index components of each business brand is not difficult to find that the business of the top 10 companies has a high "network content". Tencent and Alibaba have long become the absolute leader in the Internet information service industry; representative companies in the new retail industry such as Meituan, , Pinduoduo, , are also companies that have grown rapidly against the background of rapid development of mobile Internet and 5G technology in recent years.
Not only that, although Ping An and China Merchants Bank are traditional financial giants, driven by the wave of the times, the financial industry has also been deeply embedded in the imprint of the Internet.In recent years, the Internet finance business has also brought a huge impact on the stable growth of enterprises' performance and brand building.
It is worth noting that since last year, the Internet economy has also been subject to restrictions from regulatory agencies, and the market value of related companies has undergone adjustments that cannot be ignored. However, industry insiders believe that the platform economy focuses on standardized development. As supervision enters normalization, the platform economy has actually ushered in a new stage of healthy development.
htmlOn May 5, the management held a meeting and pointed out that specific measures will be introduced to support the standardized and healthy development of the platform economy as soon as possible. Take Tencent Holdings, which ranks first in the TOP10 as an example. Although the company's stock price has dropped significantly from its highs since last year, not only has the company launched large-scale repurchases this year, but also institutional investors have bought at the bottom of at the bottom.Zhongtai Securities Research pointed out that in the short term, Tencent's revenue and net profit growth slowed down in 2021 due to the impact of macroeconomic . But in the long run, Tencent is actively moving towards a healthier and sustainable model. With the adaptation to the new policy environment, the development of overseas markets and sustainable strategic focus, Tencent's profit margin remains considerable in the long run.
Similarly, institutional analysts are also very optimistic about Alibaba after entering the normalization of supervision. Alibaba is a pioneer in the domestic e-commerce field, and has rapidly expanded its business with its advantages in the e-commerce field, becoming a large Internet company integrating e-commerce, logistics, cloud computing, , digital media and entertainment fields. In terms of cloud computing business, Guotai Junan believes that as the "14th Five-Year Plan" lists "accelerating digital development" as an important national development strategy, China's cloud computing market is expected to enter a stage of rapid development in the future. As a leading company in the industry, Alibaba Cloud revenue will become an important growth point for the company's future performance.
For the 100 index of the Economic Brand, how great the future growth potential is, to a large extent, depends on the growth space of the TOP10 companies. The reason why Tencent and Alibaba can become companies with huge market value is inseparable from the rapid development of the Internet; Pinduoduo, Meituan, , Xiaomi also cannot be separated from the Internet genes they have. The reason why finance, liquor, etc. in traditional industries can continue to rejuvenate after precipitation is also inseparable from the integration with the Internet.
To sum up, high "net content" not only conforms to the wave of the times, but also brings technological innovation, and can also have a profound positive impact on the corporate profit model. It is precisely because of the high "net content" of these companies that bring unignorable growth potential to the 100 index of the Economic Brand.
Daily Economic News
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-