On November 10, affected by the news that roblox, the first share of the metacosm, hit a record high, the metacosmonic concept once again bucked the trend, and the sector index rose more than 4% intraday. Chinese online, Phillips, Yishang display and other stocks up and down. Among them, Yi Shang showed six days and 5 up and down, becoming a popular stock in the market.
Metacosmic hype "in full swing"
In the first half of this year, the concept of metaversmity began to ferment in some Internet circles, and some industry insiders regarded metaversity as the next generation of The Internet. With the increasing heat, the A-share market has also ushered in a wave of speculation, and in mid-September, the meta-universe concept stocks represented by Zhongqingbao and Tom Cat have risen sharply. Among them, the stock price of Zhongqingbao doubled in 5 trading days, and the overall increase of Tom Cat was nearly 70%.
On October 29, Facebook founder Zuckerberg announced that Facebook had officially changed its name to "Meta." Metacosmity has once again attracted investor attention and has become popular around the world overnight. In the market, the meta-universe plate once again ushered in the second wave of hype.
Compared with the first wave of hype, this time it is stronger in breadth and depth. On individual stocks, for the first time, it was mainly concentrated on a few stocks such as Zhongqingbao and Tom Cat, and there was no general upward pattern in the sector; this time, the concept of meta-universe broke out collectively, and media stocks from the technical level VR/AR to the content production level were all speculated by funds. Such as Jiachuang Video, Tianxia Show and other stocks. In terms of growth, from October 29 to November 10, the meta-universe plate as a whole rose by nearly 30%, of which Yi Shang Display, Zhongqingbao, TianxiaXiu and other individual stocks rose by more than 80%, of which Yi Shang showed a strong trend of 6 days and 5 boards.
In the short term, as the speculation of the plate continues to heat up, the stock prices of individual stocks rise rapidly, the capital game continues to intensify, and the turnover rate and amplitude of some individual stocks have increased significantly. In addition, the continued popularity of meta-universe concept stocks has also attracted the attention of exchanges.
Recently, companies such as Yishang Display and Jiachuang Video have received letters of concern from the exchange, requiring the company to disclose and related information about the "meta-universe". On November 7, Jiachuang Video received a letter of concern, asking the company to explain the relevance of the VR business to the concept of meta-universe, the layout, the prospects for commercial application and the impact on the company's performance. On November 9, Yi Shang displayed a letter of concern, and the Shenzhen Stock Exchange requested that the company's existing business be combined with the company's existing main business situation, detailing the relevance of the company's existing business to the meta-universe industry, as well as the current status of the relevant business, the proportion of revenue and profit, and whether the company has the necessary talents, technology and business reserves for the development of the relevant business, and whether it can form a stable business model;
In addition, the sector leader Zhongqingbao twice received a letter of concern from the Shenzhen Stock Exchange, asking for clarification on the specific content of the meta-universe-related game "Brewery Master" that the company is developing, the relevance to the meta-universe concept, and whether there is a motivation for speculating on the stock price of the hot concept of the meta-universe.
China Merchants Securities said that the development of the meta-universe is still in its initial stage, and it is still dominated by the layout of giants. In terms of investment, China Merchants Securities believes that it is recommended to focus on investment opportunities in the VR/AR industry chain (the most deterministic beneficiary link of the meta-universe industry), communication infrastructure/communication chips/modules (meta-universe development or acceleration of 5G and WIFI6 applications), and cloud industry chain (meta-universe detonation data operation, cloud-edge end computing power collaborative expansion) and other links.
CITIC Construction Investment believes that domestic and foreign giants actively layout the meta-universe, new industry opportunities are coming, it is recommended to pay attention to three main lines. First, giants with a comprehensive layout in multiple fields: Tencent, ByteDance (unlisted). The second is the content-side quality companies: Mango Super Media (5G & VR production technology + virtual host), 37 Interactive Entertainment, Perfect World, Gigabit, and Tianxia Show. The third is the VR/AR industry chain quality companies: Goertek shares, Sunny Optical Technology, Crystal Optoelectronics, etc.