Tonight, the US market hesitated to focus on the changes in the equity of Donghai Grou

Today's key points:

(Morning News) ● After the US stock market fell sharply overnight, the futures futures of each index was not in the end of the draft tonight (January 6) at 8 o'clock.The standard and the Pur 500 index futures were slightly 2.60 points or 0.06 % to 4703.20 points; the Nasdaq 100 index futures with technology stocks fell 56.80 points or 0.36 % to 15715.00 points.

● The Minutes of the Federal Reserve's overnight meeting shows that economic strengthening and rising inflation may cause earlier interest rates earlier than previous expectations, and some decision makers also tend to reduce the balance sheet in the near future.As soon as the news came out, the standard and the Poole 500 index immediately faced the decline pressure at the night, fell 92.96 points, and closed the market at 4700.58 points.The Dow Jones Index was also frustrated at 392.54 points, and the market was closed at 36407.11 points; the Nasdaq 100 index fell 3.12 % to collect the city at 15771.78 points.

● International Trade in Goods and Services in the last week will be released tonight.Analysts expect the total amount of goods and services throughout November will appear by US $ 71.6 billion in deficits, and the deficit in October will be $ 67.1 billion; the factory order data in November will also be released tonight. It is expected that the factory orders will increase by 1.3 % in November.

Before the trading focus:

● The stock price of semiconductor companies generally fell overnight.This decline continued tonight.In addition to Nvidia fell for the third consecutive day in the night, it rose 0.67 US dollars or 0.24 % before the cutting of the draft to $ 276.71. Advanced Micro Devices fell for the third consecutive trading day and fell 0.16 US dollars before the market.Or 0.12 %, $ 135.99.Micron Technology also fell 0.32 US dollars or 0.34 % to $ 94.08 before the market.

● Meme Stocks lost power overnight, and rebounded before the market tonight.Gamestop, AMC Entertainment, and Bed Bath Beyond rose from 0.66 % to 2.13 %.

● Some energy stocks generally rose, and Exxon Mobil and Chevron (Chevron) rose about 1.44 % and 1.06 %, respectively.

● Tencent reduces the equity held in Donghai Group (SEA), so that the stock price will fall overnight.The following is how the equity structure of Donghai Group has changed and its influence.

● Active stocks before the market: Tesla, Nvidia, Apple, ultra -micro and Palantir Technologies.At the time of the draft, the stock price of these stocks was off and off.

Sea Limited

(New York Stock Exchange, Stock Code: SE)

In the same way, my country ’s online game and e -commerce group Donghai (SEA) will reduce the voting rights held by major national shareholders Tencent Holdings.In the case of warming between China and the United States, Donghai's steps will be able to reduce the embarrassment it faces when it is expanding its business.

Donghai Group, which was listed on the New York Stock Exchange, said in a statement issued a recent statement that the group's upcoming annual shareholders' meeting in February proposed that the equity structure changedThe right to vote will be reduced to "less than 10 %."

The change of the equity structure is good or bad, in fact, it depends on what it has changed.Donghai Group has double -layer shares, including A shares and B shares, and the latter enjoys three voting rights per share.At present, B -shares are owned by Li Xiaodong, the founder and president of Tencent and Donghai, and accounts for 52 % of the total voting rights.

According to the statement, Tencent will convert all the B shares it owns into A shares, making Li Xiaodong the only holder of B shares.At the same time, Donghai also plans to increase the voting right of each share B from the current three votes to 15 votes.Therefore, Li Xiaodong will hold nearly 60 % of the company's control.This will allow him to make decisions more quickly.Therefore, from this perspective, the change of this equity is conducive to the group's rapid changes in the market.

From the perspective of the stock price trend of last year, the 52 -week low of Donghai Group's shares was $ 179.72, and the 52 -week high was $ 372.70.Since its peak reached in mid -October last year, because the company's third quarter profit was seriously lower than the general forecast of the market, it kept the stock fell and plummeted by 40 %, and almost returned the annual increase to the market.Coupled with the growth of growth stocks in the past few months, it has also faced the overall selling, so based on one year, the stock has fallen by 4.96 % or $ 9.65, and the market will be closed at $ 184.72 overnight.When the draft was cut tonight, the transaction price before the stock was $ 184.10, down 0.62 US dollars.

The success of Donghai Group's past mainly comes from its own game Free Fire mobile game.Application Analysis Company App Annie publicly stated publicly that although Free Fire has been launched for four years, it is still the highest -income mobile game in India, Latin America and Southeast Asia.It has also become the "most profitable" mobile game (Battle Games) in the United States for three consecutive quarters.With the launch of new features of Donghai Group, Free Fire believes that there will be more room for development in the future.

Donghai Group is not only a video game stock.The company's Shopee e -commerce platform dominates the Southeast Asia and Taiwan markets.Recently, it has achieved widespread penetration in the Latin American market.At present, Shopee is still the largest part of the net value of Winter Hai assets, accounting for more than 50 %, while its video game platform Garena accounts for one quarter of the net value of Donghai assets.

In addition, Seamoney, the digital financial service unit of Donghai, cannot be ignored.It is one of the main electronic payment and financial service providers in Southeast Asia.According to the group's performance report, in the third quarter of last year, Seamoney's total payment increased by more than doubled year -on -year.

Games, e -commerce and electronic payment are all markets with strong growth.Not many companies have the ability to be handy at the same time in these three aspects, but the Donghai Group seems to be able to cope with it.In the future, if Li Xiaodong can make Donghai Group more quickly and decisively, the Donghai Group can respond rapidly in the future.Some do.

In addition to the target price of $ 379 given to the stock by the Bank of Malaysia, and the 416 US dollars given target price given by Citi Research, they all given the stock "Buy "rating.The average target price they give is $ 398.67.