Double Eleven Post: Why Do The Electricity Providers Share The Cold Shoulder?

In recent years, double eleven has become a truly Carnival day.

(BABA.N), Jingdong Mall (JD.O), vip.com (VIPS.N), Dangdang (DANG.N) and other e-commerce platform pactions even more popular than in previous years.

But in the capital market, there is another double and double eleven.

In the A share market in November 11th, electricity related, logistics, payment and other related stocks rose to varying degrees; however, as the "Alibaba eleven" concept stocks,

In the United States, vip.com, Dangdang and other electronic business share fell in November 10th, until the local market opened in November 11th.

In fact, that day is not only a good sell for double eleven.

It is reported that Beijing time November 13th, Morgan Stanley Capital International (MSCI) will announce the semi annual index audit results, probably the first time in the history of China's stock taking into the two indexes, which is expected to bring tens of billions of dollars into the stock market.

Among them, only Alibaba is expected to get $1 billion 300 million in passive buying; jumei.com (JMEI.N) can get $86 million in passive buying, accounting for 9.9% of its market value.

Nonetheless, US investors still do not buy it.

As of Beijing time at 23:15 on November 11th, Alibaba, Jingdong mall, vip.com still appeared 3-4% decline, Dangdang and jumei.com smaller, about 2%.

"Mainly because the overall stock market is not good, double eleven as a promotional factor, it is difficult to resist the downward trend."

In response to the "abnormal" performance of the aforementioned stocks, Wang Yaqian, an analyst at the 36 krypton Research Institute, analyzed the report of the twenty-first Century economic report, and the US nonfarm data released on Friday exceeded expectations. The market is expecting a strong interest rate increase in December, so the whole US stock market has a callback phenomenon.

In the electricity supplier, the stock market was cold shouldered?

November 11th 0:22 49 seconds, Tmall double eleven commodity turnover RMB (6.3648, -0.0022, -0.03%) 16 billion yuan, less than half an hour exceeded the 2014 "black Friday" online trading volume.

But US investors do not seem to be buying it.

When the total turnover of Tmall reached the above 16 billion yuan, Alibaba's share price was 80.36 dollars, down 1.25%.

As of the local time November 10th closing, Alibaba only fell from a turn to rise, at 81.43 U.S. dollars, a slight increase of 0.06%; Jingdong mall reported 28.20 U. S. dollars, down 1.95%; vip.com reported 19.52 U. S. dollars, down 6.56%.

By the end of the double eleven session, the opening time of the US local time in November 11th, Alibaba reported 82.35 dollars, up 1.13%; Jingdong mall reported 28.40 dollars, up 0.71%; vip.com 19.65 dollars, up 0.67%, but then began to drop again.

Relative to the apathy of the US stock market, the reaction of the A share market is quite enthusiastic.

Data show that since October, the electricity supplier concept stocks have increased by an average of 37%, the express concept stocks rose by an average of 44%, two are far higher than the Shanghai Composite Index 19% in the same period.

On the day of November 11th, the concept plates of mobile payment, logistics, cross-border electricity providers and so on, which were closely related to double eleven, rose by 3.05%, 1.51% and 0.15% respectively.

As for the rise of the mobile payment sector, it is reported that this is because the proportion of mobile terminal payment increased again this year.

"Mobile terminals exceed PC for the first time, and the era of mobile shopping is coming true."

Mo Daiqing, senior analyst at China Electronic Commerce Research Center, regrets.

According to the data provided, the proportion of the mobile terminals of the home appliance business is 60%~80% this year, while the mobile terminal accounts for about 40% in 2014, and this figure is about 10% in 2013.

The above cross-border electricity supplier plate has also done well in the near future.

Zhang Zhouping, senior analyst at the China Electronic Commerce Research Center, said that cross-border electricity supplier has become a new bright spot of double eleven this year, and the potential of the future will be gradually reflected, opening the "buying and selling global" mode.

He believes that China's electricity supplier enterprises are making use of the bonus of "one belt and one road" policy to speed up the layout of cross-border development and promote "made in China" to accelerate the global trend.

Under multiple favorable conditions, why did Alibaba, Jingdong mall, vip.com and other electricity suppliers still feel cold? Bloomberg quoted ABR Investment Strategy CEO Brad Gastwirth as saying that price growth has slowed down and investors are more cautious about the overall mood of China's economy.

He also said that many American investors did not realize the power of China's dual eleven.

"I think it's the whole.

Not very good. "

Wang Yaqian told the twenty-first Century economic report reporter that Yang Delong, micro-blog's chief strategist, told the twenty-first Century economic report reporter that the difference between the aforementioned differences and American investors' enthusiasm for investment in electricity providers is also related.

Sales are high and share prices are hard to recover.

In addition, there is a view that Alibaba's share price performance after last year's double eleven has affected investor confidence.

Back to last year's double eleven, the aforementioned stocks in 2014 were eleven strong.

Alibaba rose 4% in November 10, 2014, the first time it exceeded $300 billion in the intraday market value. On the same day, Jingdong mall and vip.com also rose by more than 5% under the stimulation of double eleven.

In November 13th last year, Alibaba's share price was at a higher level of $120.

But since then, Alibaba's share price has shifted downward, falling to a minimum of $57.2.

Until recently, the global stock market recovered, Alibaba shares rebounded sharply, breaking 80 US dollars.

In the meantime, Alibaba has also dropped its share price by nearly 5% because of Wall Street's famous bear and hedge fund manager Jim Chanos.

So what is the performance contribution of the eleven pairs of electricity providers? Investors can find answers from the fourth quarter earnings report that contains double eleven.

Take Alibaba as an example, its retail business pactions in the fourth quarter of 2014 amounted to 787 billion yuan, accounting for 33.91% of the total turnover of 2 trillion and 300 billion yuan in the whole year.

On the day of double eleven last year, Alibaba completed the paction volume by Alipay [micro-blog] as high as 57 billion 100 million yuan.

In the four quarter with double eleven, Alibaba's revenue reached 26 billion 179 million yuan, and its profit grew 34% over the same period last year, reaching 15 billion 100 million yuan.

This figure is likely to be refreshed in 2015. As at 21 hours and 00 minutes in November 11th, Alibaba has handled online sales of 80 billion yuan, exceeding 40% last year and a new high.

But in recent quarters, Alibaba's revenue and total merchandise trade (GMV) growth has slowed down. The year-on-year growth rate has dropped from 50% in 2014 to nearly 30% in recent quarters, and investor confidence has declined.

From vip.com, the company's performance in the fourth quarter, including double eleven, increased significantly last year.

In the fourth quarter of 2014, net revenue increased 108.9% to $1 billion 360 million over the same period last year (about 8 billion 498 million yuan), and net profit increased 122.8% to 56 million 600 thousand US dollars (about 353 million yuan) over the same period last year.