Yyyy-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Like
Comment
Favorite

angelala
2021-01-31

Yyyy

Kuaishou's final price may be HK $115, and capital is rushing to be optimistic about the market outlook

【快手最终定价或为115港元资本疯抢看好后市】持续三天疯狂抢筹显示出市场对“短视频第一股”的普遍期待与认可。最有前景的赛道、3亿多日活跃用户、爆发中的商业化与电商业务，独特的流量分发机制和繁荣的社区生态，都让投资者们对这家公司的未来充满了想象力，成为不容错过的“大牛股”。（智通财经网）

Kuaishou's final price may be HK $115, and capital is rushing to be optimistic about the market outlook

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Like

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":312192969,"tweetId":"312192969","gmtCreate":1612059853751,"gmtModify":1704867062375,"author":{"id":3569217644250851,"idStr":"3569217644250851","authorId":3569217644250851,"authorIdStr":"3569217644250851","name":"angelala","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":3,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Yyyy</p></body></html>","htmlText":"<html><head></head><body><p>Yyyy</p></body></html>","text":"Yyyy","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/312192969","repostId":2107234742,"repostType":4,"repost":{"id":"2107234742","kind":"highlight","pubTimestamp":1612055520,"share":"https://ttm.financial/m/news/2107234742?lang=en_US&edition=fundamental","pubTime":"2021-01-31 09:12","market":"hk","language":"zh","title":"Kuaishou's final price may be HK $115, and capital is rushing to be optimistic about the market outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2107234742","media":"智通财经网","summary":"【快手最终定价或为115港元 资本疯抢看好后市】持续三天疯狂抢筹显示出市场对“短视频第一股”的普遍期待与认可。最有前景的赛道、3亿多日活跃用户、爆发中的商业化与电商业务，独特的流量分发机制和繁荣的社区生态，都让投资者们对这家公司的未来充满了想象力，成为不容错过的“大牛股”。（智通财经网）","content":"<p>The three-day crazy rush to raise funds shows the market's general expectation and recognition of \"the first short video stock\". The most promising track, more than 300 million daily active users, exploding commercialization and e-commerce business, unique traffic distribution mechanism and prosperous community ecology all make investors full of imagination about the future of this company, becoming a \"big bull stock\" that should not be missed. (Zhitong Finance Network)</p><p>As of 12 noon on January 29, the application registration for the public offering of Kuaishou (01024) on the Hong Kong Stock Exchange has officially closed. According to IFR, a subsidiary of the media, Kuaishou's Hong Kong IPO issuance part to retail investors has received a total of HK $1.28 trillion in subscriptions as of that day.</p><p>Since the announcement of the IPO on January 26, Kuaishou's new launch has become the \"hottest\" event in Hong Kong stocks. On the 29th, there were market rumors that Kuaishou would issue at the upper limit of the offering price range of HK $115. If calculated based on this, the market value of Kuaishou's listing on Hong Kong stocks will reach US $60.9 billion (about HK $475 billion). If the over-allotment option is calculated, the market value of the company's offering can increase by up to US $61.7 billion (about HK $481.3 billion)</p><p>Long before Kuaishou announced its listing, market views generally valued Kuaishou within 50 billion US dollars. However, judging from the subscription situation this week, the institutional and retail markets are obviously generally optimistic about Kuaishou's valuation and subsequent upside, and this has triggered a rare \"rush to raise funds\" in Hong Kong stocks this year.</p><p>On January 26, just 2 minutes after the opening of the Kuaishou subscription, the HK $8 billion financing quota first released by Futu was exhausted. Many investors even said that individual securities firms \"collapsed\" on the spot, indicating that the system was busy.</p><p>According to multiple media reports, based on the data of 1 bank and 14 securities firms, the amount of funds subscribed for Kuaishou through institutional margin accounts was about 489.8 billion yuan, which was oversubscribed by 465.48 times based on the amount raised by public offering of 1.05 billion yuan. Some analysts said that Kuaishou subscription is expected to be oversubscribed by about 634 times.</p><p>The three-day crazy rush to raise funds shows the market's general expectation and recognition of \"the first short video stock\". The most promising track, more than 300 million daily active users, exploding commercialization and e-commerce business, unique traffic distribution mechanism and prosperous community ecology all make investors full of imagination about the future of this company, becoming a \"big bull stock\" that should not be missed.</p><p><b>More than $60 billion or just the starting point</b></p><p>Kuaishou has been a low-key development company for many years, and it began to make great strides in 2019. At the moment when the video era is accelerating to replace the graphic era, Kuaishou, as the first short video giant to go public, represents a huge opportunity behind the changes of communication carriers.</p><p>Kuaishou's prospectus disclosed that as of September 30 last year, the average daily active users of Kuaishou China's applications and mini programs had reached 305 million, and the average monthly active users had reached 769 million. The latest data shows that the average daily active users of its application continue to grow.</p><p>The high price of HK $115 shows the market's true understanding of the prospects of this short video giant: under the premise of steady growth in daily activity, the huge platform ecosystem has begun to open the door to commercialization and e-commerce. In just over a year, e-commerce GMV exceeded 300 billion, and information flow advertising revenue doubled.</p><p><img src=\"https://static.tigerbbs.com/c4cd86fe509256cebb97567c71380f41\" tg-width=\"554\" tg-height=\"462\" referrerpolicy=\"no-referrer\"></p><p>Judging from the current oversubscription rate, the market value of the sale of US $61.7 billion may only be the starting point. Kuaishou's market value is expected to continue to rise after the official release. This stems from the judgment of the general trend of video, Kuaishou's current user scale, and revenue Structure and growth rate, especially the platform ecology with high stickiness and strong interaction, are moats that other platforms are difficult to imitate.</p><p>In the first three quarters of 2020, a total of 9 billion content sharings occurred on Kuaishou, an increase of 3 billion times compared with the first half of 2020. At the same time, more than 1 billion pairs of users who pay attention to each other were added in the third quarter. As of September 30, 2020, the total number of pairs of mutual relationships on the Kuaishou platform exceeded 9 billion.</p><p>The above-mentioned prosperous ecosystem supports the rapid growth of Kuaishou's business and revenue. As of the first 11 months of last year, Kuaishou's revenue was 52.5 billion yuan, an increase of 11.8 billion yuan compared with the first three quarters. Among the business revenue in the first three quarters announced in the prospectus, online marketing services grew rapidly, with revenue in the first three quarters reaching 13.3 billion.</p><p>According to the prospectus, the average online marketing service revenue of Kuaishou's daily active users has risen from 50.9 yuan in the 9 months ended September 30, 2020 to 71.4 yuan in the 11 months ended November 30, 2020, which means that the commercialization space is becoming wider and wider, which will greatly increase large-scale revenue.</p><p>Kuaishou e-commerce is another bright spot. Since its inception in 2018, Kuaishou e-commerce has developed rapidly. In terms of total orders, it has become the \"fourth pole\" of the e-commerce industry and has the potential to continue to make breakthroughs. According to the prospectus, as of November 30 last year, the GMV of Kuaishou e-commerce reached 332.6 billion yuan, which has exceeded five times the GMV for the whole year of 2019.</p><p>In addition to online marketing and e-commerce business, Kuaishou is also gradually increasing its size and layout in fields such as games, online knowledge sharing, and local life. With the support of the underlying technology and platform ecosystem, these businesses complement each other and are building a prosperous business ecosystem for Kuaishou, thereby supporting a higher scale and market value.</p>","source":"eastmoney_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kuaishou's final price may be HK $115, and capital is rushing to be optimistic about the market outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKuaishou's final price may be HK $115, and capital is rushing to be optimistic about the market outlook\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-01-31 09:12</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The three-day crazy rush to raise funds shows the market's general expectation and recognition of \"the first short video stock\". The most promising track, more than 300 million daily active users, exploding commercialization and e-commerce business, unique traffic distribution mechanism and prosperous community ecology all make investors full of imagination about the future of this company, becoming a \"big bull stock\" that should not be missed. (Zhitong Finance Network)</p><p>As of 12 noon on January 29, the application registration for the public offering of Kuaishou (01024) on the Hong Kong Stock Exchange has officially closed. According to IFR, a subsidiary of the media, Kuaishou's Hong Kong IPO issuance part to retail investors has received a total of HK $1.28 trillion in subscriptions as of that day.</p><p>Since the announcement of the IPO on January 26, Kuaishou's new launch has become the \"hottest\" event in Hong Kong stocks. On the 29th, there were market rumors that Kuaishou would issue at the upper limit of the offering price range of HK $115. If calculated based on this, the market value of Kuaishou's listing on Hong Kong stocks will reach US $60.9 billion (about HK $475 billion). If the over-allotment option is calculated, the market value of the company's offering can increase by up to US $61.7 billion (about HK $481.3 billion)</p><p>Long before Kuaishou announced its listing, market views generally valued Kuaishou within 50 billion US dollars. However, judging from the subscription situation this week, the institutional and retail markets are obviously generally optimistic about Kuaishou's valuation and subsequent upside, and this has triggered a rare \"rush to raise funds\" in Hong Kong stocks this year.</p><p>On January 26, just 2 minutes after the opening of the Kuaishou subscription, the HK $8 billion financing quota first released by Futu was exhausted. Many investors even said that individual securities firms \"collapsed\" on the spot, indicating that the system was busy.</p><p>According to multiple media reports, based on the data of 1 bank and 14 securities firms, the amount of funds subscribed for Kuaishou through institutional margin accounts was about 489.8 billion yuan, which was oversubscribed by 465.48 times based on the amount raised by public offering of 1.05 billion yuan. Some analysts said that Kuaishou subscription is expected to be oversubscribed by about 634 times.</p><p>The three-day crazy rush to raise funds shows the market's general expectation and recognition of \"the first short video stock\". The most promising track, more than 300 million daily active users, exploding commercialization and e-commerce business, unique traffic distribution mechanism and prosperous community ecology all make investors full of imagination about the future of this company, becoming a \"big bull stock\" that should not be missed.</p><p><b>More than $60 billion or just the starting point</b></p><p>Kuaishou has been a low-key development company for many years, and it began to make great strides in 2019. At the moment when the video era is accelerating to replace the graphic era, Kuaishou, as the first short video giant to go public, represents a huge opportunity behind the changes of communication carriers.</p><p>Kuaishou's prospectus disclosed that as of September 30 last year, the average daily active users of Kuaishou China's applications and mini programs had reached 305 million, and the average monthly active users had reached 769 million. The latest data shows that the average daily active users of its application continue to grow.</p><p>The high price of HK $115 shows the market's true understanding of the prospects of this short video giant: under the premise of steady growth in daily activity, the huge platform ecosystem has begun to open the door to commercialization and e-commerce. In just over a year, e-commerce GMV exceeded 300 billion, and information flow advertising revenue doubled.</p><p><img src=\"https://static.tigerbbs.com/c4cd86fe509256cebb97567c71380f41\" tg-width=\"554\" tg-height=\"462\" referrerpolicy=\"no-referrer\"></p><p>Judging from the current oversubscription rate, the market value of the sale of US $61.7 billion may only be the starting point. Kuaishou's market value is expected to continue to rise after the official release. This stems from the judgment of the general trend of video, Kuaishou's current user scale, and revenue Structure and growth rate, especially the platform ecology with high stickiness and strong interaction, are moats that other platforms are difficult to imitate.</p><p>In the first three quarters of 2020, a total of 9 billion content sharings occurred on Kuaishou, an increase of 3 billion times compared with the first half of 2020. At the same time, more than 1 billion pairs of users who pay attention to each other were added in the third quarter. As of September 30, 2020, the total number of pairs of mutual relationships on the Kuaishou platform exceeded 9 billion.</p><p>The above-mentioned prosperous ecosystem supports the rapid growth of Kuaishou's business and revenue. As of the first 11 months of last year, Kuaishou's revenue was 52.5 billion yuan, an increase of 11.8 billion yuan compared with the first three quarters. Among the business revenue in the first three quarters announced in the prospectus, online marketing services grew rapidly, with revenue in the first three quarters reaching 13.3 billion.</p><p>According to the prospectus, the average online marketing service revenue of Kuaishou's daily active users has risen from 50.9 yuan in the 9 months ended September 30, 2020 to 71.4 yuan in the 11 months ended November 30, 2020, which means that the commercialization space is becoming wider and wider, which will greatly increase large-scale revenue.</p><p>Kuaishou e-commerce is another bright spot. Since its inception in 2018, Kuaishou e-commerce has developed rapidly. In terms of total orders, it has become the \"fourth pole\" of the e-commerce industry and has the potential to continue to make breakthroughs. According to the prospectus, as of November 30 last year, the GMV of Kuaishou e-commerce reached 332.6 billion yuan, which has exceeded five times the GMV for the whole year of 2019.</p><p>In addition to online marketing and e-commerce business, Kuaishou is also gradually increasing its size and layout in fields such as games, online knowledge sharing, and local life. With the support of the underlying technology and platform ecosystem, these businesses complement each other and are building a prosperous business ecosystem for Kuaishou, thereby supporting a higher scale and market value.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://finance.eastmoney.com/a/202101301796196362_0.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/091937ce04164cadd922956ff20a4952","relate_stocks":{},"source_url":"http://finance.eastmoney.com/a/202101301796196362_0.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2107234742","content_text":"持续三天疯狂抢筹显示出市场对“短视频第一股”的普遍期待与认可。最有前景的赛道、3亿多日活跃用户、爆发中的商业化与电商业务，独特的流量分发机制和繁荣的社区生态，都让投资者们对这家公司的未来充满了想象力，成为不容错过的“大牛股”。（智通财经网）\n截至1月29日中午12点，快手(01024)在香港联交所公开发售的申请登记办理正式截止。据媒体旗下媒体IFR报道，快手香港IPO面向散户发行部分截至当日共获得1.28万亿港元认购。\n自1月26日公布招股以来，快手打新成为当下港股“最热门”事件。29日有市场传闻称，快手将以招股价范围的上限115港元发行。若以此计算，快手登陆港股的发售市值将达到609亿美元(约4750亿港元)，若计算上超额配售权，公司发售市值最多可增值617亿美元(约4813亿港元)\n早在快手公布上市之前，市场观点对快手估值普遍在500亿美金以内。但从本周认购情况看，机构及散户市场显然普遍看好快手估值与后续上涨空间，并以此触发港股今年以来罕见的“抢筹行动”。\n1月26日，在快手认购开场仅仅2分钟，富途率先释放的80亿港元融资额度便消耗殆尽，甚至不少投资者表示，个别券商当场“崩溃”显示系统繁忙。\n多家媒体报道，综合1间银行及14家券商的数据，通过机构保证金账户认购快手的资金规模约4898亿元，以公开发售募资额10.5亿元算，超额认购465.48倍。有分析人士表示，快手认购预计将超购约634倍。\n持续三天疯狂抢筹显示出市场对“短视频第一股”的普遍期待与认可。最有前景的赛道、3亿多日活跃用户、爆发中的商业化与电商业务，独特的流量分发机制和繁荣的社区生态，都让投资者们对这家公司的未来充满了想象力，成为不容错过的“大牛股”。\n　600多亿美元或仅是起点\n快手多年来是一家低调发展的公司，2019年开始大踏步进击。在视频时代加速替代图文时代的当下，快手作为第一家上市的短视频巨头，代表了沟通载体变迁背后的巨大机会。\n快手招股书披露，截至去年9月30日，快手中国应用程序及小程序的平均日活用户已达3.05亿，平均月活跃用户达7.69亿。最新数据显示，其应用程序平均日活用户还在持续增长。\n115港元的高定价，显示出市场对这家短视频巨头前景的真实认知：日活稳定增长的前提下，庞大的平台生态开始向商业化和电商打开大门，仅一年多时间，电商GMV就超过3000亿，信息流广告收入翻倍增长。\n\n仅从眼下超额认购的倍率来看，617亿美元的发售市值可能仅为起点，快手市值有望在正式发行后持续拉高，这源于对视频化大趋势的判断、快手当前的用户规模、收入结构和增长速度，尤其高粘性、强互动的平台生态，是其他平台难以模仿的护城河。\n2020年前三季度，快手上总共发生了90亿次内容分享，相比2020年上半年新增30亿次。同时，第三季度还增加了超10亿对互相关注的用户，截至2020年9月30日，快手平台的互关总对数超过90亿。\n上述繁荣生态支撑了快手业务和收入高速增长。截至去年前11个月，快手营收525亿元人民币，相比前三季度增长118亿。在招股书公布的前三季度业务收入中，线上营销服务增长迅速，前三季度收入达到133亿。\n招股书显示，快手日活跃用户平均线上营销服务收入从2020年9月30日止9个月的50.9元，上涨到了2020年11月30日止11个月的71.4元，意味着商业化空间正在越拓越宽，将大幅增加规模化收入。\n快手电商则是另一个亮点。自2018年起步以来，快手电商迅猛发展，从订单总量看已经成为电商行业“第四极”，并具备继续突破的潜力。招股书显示，截至去年11月30日，快手电商GMV达到3326亿元人民币，已经超过2019年全年GMV的5倍。\n除了线上营销、电商业务外，游戏、在线知识分享、本地生活等领域快手也在逐步加码和布局。在底层技术和平台生态支撑下，这些业务相辅相成，正在打造快手繁荣的商业生态系统，进而支撑起更高规模与市值。","news_type":1,"symbols_score_info":{"90022":0.9}},"isVote":1,"tweetType":1,"viewCount":1348,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}