news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Data is a treasure

Data treasure

Less worries about stock trading

my country's cloud computing market will continue to grow.

In the morning session, the Shanghai and Shenzhen stock markets rebounded, with the Shanghai Composite Index turning positive at the midday close, regaining the 2,900 points lost. More than 3,100 stocks in the two markets fell.

It is worth noting that many broad-based ETFs saw significant increases in trading volume in the morning session, with the CSI 300 ETF trading at 2.77 billion yuan in half a day (yesterday's full-day trading volume was 3.24 billion yuan). The SSE 50 ETF, CSI 500 ETF and CSI 300 ETF (E Fund) all saw significant increases in trading volume compared to yesterday, with the CSI 300 ETF (E Fund)'s early trading volume exceeding yesterday's full-day trading volume.

In terms of themes, wind power, copper cable high-speed connection, liquid cooling server, and commercial aerospace concept stocks rose the most. Electricity and banks performed well, the automotive industry chain fell across the board, and chip stocks were all adjusted.

Wind power sectors strengthened across the board.New Strong AllianceAt one point, the 20% daily limit was reached, Yunda shares rose by more than 10%, Chuanrun shares rose by the daily limit, and Weili Transmission, Jinlei shares, Haili Wind Power and other GEM stocks rose the most. Recently, the National Energy Bidding Network issued the "State Power Guangxi Wind Power Development Co., Ltd. Offshore Wind Power Competitive Configuration Technology Service Public Bidding Project Bidding Announcement". In addition, the State Council Executive Meeting studied to strengthen support for large-scale equipment renewal and consumer goods trade-in policies and measures.

The high dividend camp continues to strengthen, with nuclear power double dragonChina General Nuclear Power Group, China National Nuclear CorporationBoth rose by more than 3%, setting a new record high.China Yangtze Power, Industrial and Commercial Bank of China, Bank of Communications, Huaneng Hydropower, Sichuan Energy InvestmentSimultaneously refreshed historical highs.

The power sector rose again, with China National Nuclear Corporation rising more than 3% to 12.16 yuan per share, setting a new record high and a turnover of more than 1 billion yuan. Since the beginning of this month, northbound funds and margin traders have continued to increase their holdings in the power sector. China National Nuclear Corporation received a total net purchase of 1.029 billion yuan from northbound funds, and margin traders increased their holdings by nearly 150 million yuan; northbound funds increased their holdings in SDIC Power by 813 million yuan and Zhejiang Energy Power by 311 million yuan; margin funds net bought more than 300 million yuan in Yangtze Power.

Google Cloud's quarterly revenue exceeds $10 billion for the first time

Benefiting from the healthy demand for cloud computing services and search engine advertising, Google's parent company Alphabet (GOOGL.US) announced second-quarter results that exceeded expectations, with both revenue and profit exceeding analysts' expectations and operating profit exceeding the $1 billion mark for the first time.

Specifically, Google's cloud computing revenue was $10.35 billion, better than analysts' expectations of $10.1 billion in operating income. The report said that Alphabet invested $2.2 billion in DeepMind and Google Research in the second quarter to build AI models. Advertising revenue in the second quarter reached $64.6 billion, exceeding expectations, but YouTube advertising revenue was not satisfactory. After the after-hours financial report was released, Alphabet's stock price fluctuated slightly and rose, then fell back and closed at $181.79.

At the 2024 Trusted Cloud Conference, the China Academy of Information and Communications Technology released the "Cloud Computing White Paper (2024)", pointing out that my country's cloud computing market size in 2023 will increase by 35.5% compared with 2021, reaching 616.5 billion yuan.

It is worth noting that, led by technologies such as AI and big models, my country's cloud computing market will continue to grow, and it is expected that the scale of the cloud computing market will exceed 2.1 trillion yuan by 2027. Among them, the growth rate of the SaaS market is 23.1%. In the future, as AI big models enter the commercial landing stage, it is expected to become the main way for small and medium-sized innovative enterprises to compete. The PaaS market grew by 74.9% year-on-year and will continue to increase driven by the demand for public cloud overseas business and AI development.

The continued growth of cloud computing enables the transformation and upgrading of various industries

At present, cloud computing has been widely applied and has become the computing power center and digital foundation of the digital economy era. The list of "Top 100 Cloud Computing Companies in 2023" released by "Internet Weekly" shows that the companies with the highest cloud computing strength in my country include Alibaba, China Telecom, Huawei, Tencent, China Mobile, China Unicom, etc. These leading companies are leading the development of the industry.

With the acceleration of digital transformation and the continuous maturity of cloud computing technology, my country's cloud market will continue to maintain rapid growth. According to analysts from the China Business Industry Research Institute, the scale of China's cloud computing market will increase to 831.5 billion yuan in 2024 and 1,105.5 billion yuan in 2025.

At present, with the continuous innovation of end-side AI, the competition pattern of the domestic cloud computing market may be divided. Hualong Securities believes that cloud computing presents four trends: First, seize the remaining market of public cloud through "price war". For example, Alibaba Cloud announced on February 29, 2024 that it will reduce the price of its core cloud service products, with an average price reduction of 20% and a maximum price reduction of 55%. Second, AI products may open up a differentiated competition track. Third, private cloud will be accelerated in government affairs, scientific research and other scenarios. Fourth, domestic manufacturers are actively exploring overseas markets, and overseas business is expected to become the second revenue growth curve.

14 concept stocks received heavy investment from funds worth over 100 million yuan

Due to the continuous investment in computing power, research and development and other technologies, the cloud computing sector generally has poor performance. At present, 17 concept stocks have released their first-half performance forecasts, among which China Pulse Technology, Digital China and Inspur Information have good performance forecasts.

Guomai TechnologyPerformance maintained a good growth momentum, with semi-annual operating income hitting a five-year high and net profit hitting a six-year high. The net profit growth in the second quarter exceeded 50%.

Digital ChinaNet profit in the first half of the year is expected to increase by 20%, and the company continues to promote the integration of digital and cloud and the strategy of information innovation. In the first half of this year, the two strategic businesses of Digital China Cloud and digitalization and independent brands have grown significantly.

According to Securities Times Databao statistics, as of the end of the second quarter,Kingsoft Office, ZTE, Sugon, Sangfor, Baosight, Unisplendour, Wangsu Technology, Inspur InformationThe fund's heavy holdings exceed 1 billion yuan, and the market value of holdings in UFIDA Network, Glodon, and Hang Seng Electronics also exceeds 100 million yuan.

Kingsoft Office, ZTE, and Baosight Software all have over 100 funds holding large stakes, with Kingsoft Office holding the most funds, at 213. At the end of the second quarter, Hua Xia SSE Star 50 ETF and E Fund SSE Star 50 ETF held 4.04 billion yuan and 1.96 billion yuan of Kingsoft Office, respectively.

In addition, among the above-mentioned stocks, Sangfor, Baosight Software and Glodon increased their holdings by more than 10 million shares in the second quarter on a month-on-month basis.

Statement: All information content of Databao does not constitute investment advice. The stock market is risky and investment should be cautious.

Editor: Lin Lifeng

Proofread by: Tang Haocheng

Data treasure