Wenxing: Pay attention to the whereabouts of the rich and hope to obtain investment returns
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■ Wenxing
Musk has been here, and the author, like many people, is looking forward to the next big guy coming to China, perhaps their arrival will have an impact on China's economy, and can also indirectly or directly affect our investment.
According to media reports: Microsoft founder Bill Gates tweeted on June 14 that he had arrived in Beijing for the first time since 2019, and was pleased to meet with the Gates Foundation's partners in addressing global health and development challenges. Two of the world's richest people have come to China, not only representing technology and wealth, but also proving the mistake of "decoupling from China". U.S. Treasury Secretary Janet Yellen recently said that an attempt by the United States to "decouple" from China would be a huge mistake with potentially "catastrophic" consequences. She called for deepening economic ties between the world's two largest economies.
Well, there is only one truth, and I will observe who will come to China as I continue to observe the economy.
Recently, it was reported that Hong Kong tycoon Li Ka-shing's global conglomerate Chief He announced on June 15 that it would merge with Vodafone in the UK's telecommunications business and will become the UK's third largest telecommunications operator. According to Reuters, the company plans to invest 11 billion pounds (nearly 100 billion yuan) in the next 10 years to build Europe's most advanced independent 5G network.
Yes, the move of Li Ka-shing, the richest man in Hong Kong, is also the basic annual information that the author attaches importance to. On June 14, some netizens posted a video of Li Ka-shing appearing in Hangzhou on a private plane, which caused heated discussions among netizens. In the video, Li Ka-shing wears a dark suit with a white shirt and tie, and the 94-year-old looks in good shape. Li Ka-shing is said to have arrived in Hangzhou on June 13. Li Ka-shing's appearance in Hangzhou this time may be pure tourism, or he may invest in projects. Due to the previous relationship between Li Ka-shing and the mainland real estate industry, the author will also pay attention to this matter and the information of related industries. The Asian Games are about to be held, Hangzhou will become a hot spot, and the performance of Hangzhou's economy is also worth paying attention to.
Speaking of Li Ka-shing, as the richest Chinese man for a long time, he has always been analyzed as a typical case in the real estate industry. His business philosophy for real estate is "steady and steady" and "not earning the last copper plate", which has confirmed Li Ka-shing's views on real estate trends for some time.
Before Li Ka-shing, there were rumors that Huang Jenxun was coming, and as a result, Huang Jenxun's trip to the mainland changed. The truth is that it should come, after all, the Chinese market is there. After the Spring Festival this year, China's major Internet companies with cloud computing businesses have placed large orders with NVIDIA, of which Byte ordered more than $1 billion of GPUs from NVIDIA this year, and another large company also ordered at least more than 1 billion yuan. Recall that at that time, just after Musk's 44-hour "special forces trip" to China, there was news from the media that Huang Jenxun was also coming, and there were many details. For example, it will visit leading companies in the industry such as Tencent, ByteDance, Li Auto, and BYD Auto. Although it did not take place, it also stimulated the stock price of the relevant listed company. Huang Jenxun did not act according to the rumors, and it also left people with a question, which is also worth savoring.
The global AI competition triggered by ChatGPT is intensifying, and the capital market and technology market must be called "big models", driving domestic technology companies to launch their own big models. But who is the big winner? It is Nvidia, which provides super computing power for ChatGPT, and its founder Jensen Huang. With the explosion of ChatGPT products, NVIDIA's GPUs have long been in short supply, and orders are even scheduled for 2024, and NVIDIA's stock price has soared. Recently, NVIDIA's stock price once again exceeded the trillion dollar mark, becoming the fifth US listed company with a market value of more than one trillion US dollars. Although Nvidia shares have jumped 180% so far this year, Bank of America still sees it as a "go-to stock" and believes the stock has more room to rise.
Bank of America has rated Nvidia stock "buy" and has set a price target of $500, more than 20 percent above current levels. Bank of America called Nvidia a "bellwether in the AI gold rush" because the company controls the market for high-performance GPU chips, which are important for generative AI chatbots like ChatGPT and Bard.
One thing must be pointed out that observing the "mapping stocks" of U.S. stocks looking for A-shares, this investment method is long-term and effective. According to data treasure statistics, as of June 13, the Wind NVIDIA Industrial Chain Index has risen by 66.78% this year, with 44 constituent stocks rising 4.66 times, Zhongji Xuchuang rising 3.51 times, and Tianfu Communications rising more than 2.61 times; and 9 shares such as Zhongke Shuguang, Industrial Fulian, Youzu Network, and Inspur Information doubled. Especially in the current investment environment, targeting the head companies with record highs in the US stock market, according to the mapping principle, taking advantage of the emergence of "wind outlets" A-share related listed companies has proved to be an effective investment method, and it has been and will be in the future.
At present, the top five listed companies in the United States by market capitalization are all technology stocks: Apple, Microsoft, Alphabet, Amazon and Nvidia. The market has different views on NVIDIA's trillion-dollar market capitalization, believing that NVIDIA is "too expensive" and "not in line with earnings". It's good to have different opinions, it means that the market will have a trade. However, looking at the five major technology companies in the United States, I found a phenomenon, almost all of their souls came to China this year. On March 24, Cook suddenly appeared in the Apple retail store in Sanlitun, Beijing. After four years, Apple CEO Tim Cook is back in China. The succession of these U.S. stock giants to China is telling: the Chinese market matters.
However, the author believes that Bill Gates' visit to China this time is not necessarily to talk about business. Unlike Tesla and Apple, they are almost all related to capacity and sales. Bill Gates is an internationalist, opposes technical sanctions and war, he cares about climate change, poverty, education, health and other issues, some time ago he publicly stated that limiting China's technological development is doomed to failure, this approach will only force China to spend time and money to make its own chips, no one can stop China from having powerful chips. I think you can believe no one, but you have to pay attention to Bill Gates, who is much clearer than those politicians. The Bill Gates and Melinda Gates Foundation announced on June 15 that it will continue to work with the Beijing Municipal Government and Tsinghua University to support the Global Center for Health Drug Discovery and Development to treat infectious diseases such as tuberculosis and malaria, reduce their impact on the world's poorest people, and improve global health. To further strengthen the drug development capabilities of the Global Center for Health Drug Discovery and development, and pledges to provide a $50 million donation to the Center over the next five years. The Gates Foundation's official Weibo post posted Bill Gates' speech prepared for a special event held by the Global Center for Health Drug Development on June 15. In his speech, Bill Gates praised Yuan Longping, the father of hybrid rice, for overcoming key issues affecting people's quality of life and enabling many of the world's population to eat.
Cook is coming, Musk is coming, Li Ka-shing is coming, and now Bill Gates is also here, pay attention to their whereabouts in China, maybe there will be a bigger surprise.
This article was first published by the author in Financial Investment News
Editor|Wen Wan Proofreader|Yuan Gang
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