Alibaba Npaj Rau PCAOB Kev Tshawb Fawb Kev Tshawb Fawb, MSCI Rebalance Hnub Ua Rau Cov Khoom Siv Siab

Nag hmo, Asmeskas Tuam Tshoj ADRs poob ib nrab vim yog tsab xov xwm Reuters hais tias Alibaba thiab JD.com yuav muaj PCAOB kev tshuaj xyuas. Cov "xov xwm," uas yuav tsum tau ua raws li qhov loj ntawm cov tuam txhab, coj mus rau qhov tsis txaus ntseeg muag. Peb yuav ceeb toom cov tub ua lag luam ntawm Alibaba CFO nqe lus rov qab rau xyoo 2020. Nqa cov kev tshuaj xyuas xyuas!

….Alibaba cov ntaub ntawv nyiaj txiag tau npaj ua raws li US GAAP, thiab txij li thaum peb pib tsim xyoo 1999, peb tau raug tshuaj xyuas los ntawm PwC Hong Kong, PwC Hong Kong yog lub koom haum hauv zos ntawm lub tuam txhab PWC thoob ntiaj teb, thiab nws cov qauv kev soj ntsuam tau saib xyuas los ntawm lub tuam txhab. PwC lub chaw haujlwm hauv tebchaws Meskas. Kev ncaj ncees ntawm Alibaba cov ntaub ntawv nyiaj txiag hais rau nws tus kheej. Peb tau ua SEC filer txij li xyoo 2014 thiab tuav peb tus kheej mus rau cov qauv siab ntawm pob tshab. Txhua xyoo peb tau txais - thiab tsim nyog los ntawm kev xav ntawm peb cov ntaub ntawv nyiaj txiag los ntawm PwC.

Alibaba Cov Nyiaj Tau Los Sib Tham Hu rau Lub Tsib Hlis 20, 2020 - Maggie Wu, Tus Thawj Saib Xyuas Nyiaj Txiag & Tus Thawj Coj ntawm Kev Lag Luam Kev Lag Luam.

Xov Xwm Tseem Ceeb

Kev lag luam kev lag luam hauv Esxias tau sib xyaw ua ke ntawm cov ntim hnyav uas tau tsav los ntawm MSCI's Lub Peb Hlis Index Review thiab lub hli-kawg rebalancing thaum Is Nrias teb thiab Malaysia nyob rau hnub so. Hong Kong ntim tau nce +42% nag hmo vim tias lub ntiaj teb cov cuab yeej tswj hwm tswj hwm lawv cov txiaj ntsig / passive portfolios thoob ntiaj teb ntawm kev lag luam kaw. Hong Kong cov khoom lag luam hauv internet tau muaj hnub zoo txawm tias nag hmo US ADR muag tawm. Baidu (BIDU US, 9988 HK) poob -3.28% piv rau -6.54% hauv Teb Chaws Asmeskas nag hmo txawm hais tias cov txiaj ntsig nyiaj txiag uas ntaus cov kws tshuaj ntsuam kev cia siab. Qee qhov kev sib tham kev tswj hwm qhov kev saib xyuas Q3 yog qhov ua txhaum, tab sis kuv tau tso tseg sim piav qhia txog kev txav mus li nag hmo. Hong Kong luv tau nce lawv cov thawj koom ruam raws li kev muag khoom luv luv tau nce 26% los ntawm nag hmo mus rau 128% ntawm 1-xyoo nruab nrab. JD.com HK pom nws qhov ntim luv luv nce mus rau 50% ntawm tag nrho cov khoom lag luam thaum Meituan muaj 32% ntawm ntim luv, Tencent 22%, thiab Alibaba 22%. Cov ntawv luv luv no yuav tsum pib ua qhov teeb meem PR rau HK Tshuag Txauv. Rau lawv cov credit, Hong Kong Exchange muab cov ntim luv luv ntau dua li kev sib pauv thoob ntiaj teb. BYD (1211 HK) poob -7.91% ntawm cov xov xwm uas Berkshire Hathaway txo nws cov ceg txheem ntseeg rau 218.7mm sib koom los ntawm 220mm.

Kev lag luam hauv Mainland tau hnov ​​​​qhov tsis zoo rau nag hmo qhov kev tso tawm ntawm "kev ua haujlwm" Lub Yim Hli Kev Tsim PMI ntawm 49.4 piv rau qhov kev cia siab ntawm 49.2 thiab Lub Xya Hli 49 txawm hais tias Tsis Tsim Nyog PMI yeej qhov kev cia siab ntawm 52.3 thiab Lub Xya Hli 53.8 nrog 52.6. Qhov tom kawg tuaj yeem yog qhov qhia tau zoo tias cov neeg siv khoom suav tuaj ncig.

Tom qab kaw, Premier Li tau tshaj tawm xov xwm rov hais dua tsoomfwv txoj kev txhawb nqa rau kev lag luam. Ntxiv rau qhov muaj zog nkag los ntawm cov tub ua lag luam txawv teb chaws thaum hmo ntuj ntawm kev noj qab haus huv $ 1.145B ntawm Northbound Stock Connect, ntau lub tuam txhab mega-cap nrog qhov ntsuas qhov hnyav loj tau muaj hnub zoo. Cov npe no nyiam nyiam ntawm cov tuam txhab lag luam loj hauv tsev koom nrog tsoomfwv, xws li Social Security Fund. Pab pawg "National" nyiam yuav qis thaum lawv pom muaj cib fim. Nag hmo cov xov xwm ntawm Party Congress tshwm sim thaum nruab nrab Lub Kaum Hli tuaj yeem pom Covid ntsuas tau yooj yim. Lub sijhawm no, Coivd tab tom khiav tawm hauv Suav teb thiab Hong Kong. txawm tias kev txwv tsis yog hnyav npaum li Shanghai qhov kev kaw cia.

Lub Hang Seng thiab Hang Seng Tech tau nce +0.03% thiab +1.09% ntawm ntim +42% los ntawm nag hmo, uas yog 104% ntawm 1-xyoo nruab nrab. 246 cov khoom lag luam nce siab thaum 216 tsis kam. Hong Kong luv muag turnover nce 27%, uas yog 128% ntawm 1-xyoo nruab nrab, raws li luv luv muag turnover accounted rau 20% ntawm tag nrho cov turnover. Kev loj hlob thiab tus nqi tseem ceeb tau sib xyaw ua cov kaus mom me me "ua tau zoo dua" cov kaus mom loj, piv txwv li, poob qis dua. Sab saum toj sectors yog tech +0.98%, kho mob +0.87% thiab vaj tse +0.85% thaum lub zog -1.73%, industrials -0.76% thiab cov ntaub ntawv -0.62%. Cov ntu sab saum toj yog Tik Tok ntsig txog, kev kawm online, thiab cov tuam txhab tswj hwm vaj tse, thaum EV, roj teeb, lithium, thiab tsheb yog qhov phem tshaj. Southbound Stock Connect ntim tau lub teeb / nruab nrab raws li Mainland cov tub lag luam muag - $ 150mm ntawm Hong Kong cov khoom lag luam, nrog Tencent yuav lub teeb, Meituan yuav nruab nrab, thiab Li Pib yuav lub teeb.

Shanghai, Shenzhen, thiab STAR Board poob -0.78%, -1.95%, thiab -1.96% ntawm ntim +19.92% los ntawm nag hmo, 96% ntawm 1-xyoo nruab nrab. Tsuas yog 763 cov khoom lag luam tau nce siab, thaum 3,816 cov khoom lag luam poob qis. Tus nqi tseem ceeb tshaj qhov ua tau zoo ntawm kev loj hlob raws li lub kaus mom loj tshaj lub kaus mom me me. Cov khoom lag luam saum toj kawg nkaus yog staples +1.6%, nyiaj txiag +1.58%, kev noj qab haus huv +1.46% thiab vaj tse +1.44% thaum kev lag luam -2.47%, zog-2.17% thiab cov ntaub ntawv -2.08%. Sab saum toj sub-sectors yog cov tuam txhab tshuaj (CROs), kev tuav pov hwm, zaub mov, thiab dej haus, suav nrog cawv, thaum lub hnub ci, EV, thiab cua yog qhov phem tshaj plaws. Northbound Stock Connect ntim tau muaj zog raws li cov tub ua lag luam txawv teb chaws tau yuav $ 1.145B ntawm Mainland stocks. Cov nqi qiv nyiaj txo qis thaum CNY tau nce +0.23% piv rau US $ thiab tooj liab poob -0.69%.

Hmo Kawg Ntawm Kev Sib Pauv Cov Nqi, Tus Nqi, & Liaj Teb

• CNY / USD 6.90 piv rau 6.90 nag hmo
• CNY / EUR 6.89 piv rau 6.92 nag hmo
• Tos ntawm 10-Xyoo Tsoom Fwv Nyiaj 2.62% piv rau 2.61% nag hmo
• Tos ntawm 10-xyoo Tuam Tshoj Kev Tsim Kho Nyiaj Txiag Nyiaj 2.81% tiv tiag 2.80% nag hmo
• Tus Nqi Tooj Kub -0.69% dhau ib hmo