The report also pointed out that due to the influence of multi-factor resonance, the prosperity of China's Internet industry has declined, and the momentum of triumphant progress has encountered certain resistance. The Internet industry has begun to enter a new era of transformational adjustment and kinetic energy conversion.
However, in 2019, more than half of the time, in the past six months, the stock price of the listed companies has been different, and the market value has changed and the industry has shuffled again. Some Internet technology stocks with vertical advantages have become the darling of the market.
Internet enterprise first echelon
It can be seen from the list given by the report that many Chinese companies have become the “first echelon” of listed Internet companies worldwide. The listed companies include Tencent Holdings, Alibaba, Baidu, Netease, and the US Mission.Jingdong, fight a lot, three or six zero,CtripNet, Weibo. The status of BAT has not been shaken.
Market listing of global Internet listed companies
Source: China Institute of Information and Communications
At present, in addition to trading in the A-share market, Tencent and US Missions are trading in the Hong Kong stock market. The remaining seven major companies are trading in the US stock market, which is what we often say.
It is worth noting that the IPO wave of technology stocks in 2018 played an important role in creating the “Internet upstart”: two of the top ten Chinese Internet listed companies are “secondary stocks” with less than one year of listing: US Mission Review In September 2018, he landed on the Hong Kong Stock Exchange, and he landed on the NASDAQ exchange in July 2018.
The IPO wave of technology stocks in 2018 is also the third wave of listings of Chinese Internet companies after 2002 and 2014. During the year, the number of Chinese companies going public in the US reached a record high. The US stock market has nearly 400 stock IPOs, of which there are more than 60 stocks in the stock market. In addition to the fight, it also includes iQiyi, Yi, Tencent. Music and other heavy IPOs; in addition, the Hong Kong Stock Exchange has also implemented major institutional reforms to attract new mainland economic companies to list, the US delegation commented,MilletI have to catch up with this "winding". Leading companies in the vertical field are the main force in this listing.
Industry enters a period of transformation and adjustment
The "China Internet Industry Development Trend and Prosperity Index Report" also poses a common problem for Chinese Internet companies: how to survive better in the context of declining industry sentiment and industry winds.
The report pointed out that due to the resonance of internal and external factors, the Chinese Internet industry has encountered some difficulties, and the momentum of triumphant progress has slowed down, and it has begun to enter a new era of transformational adjustment and kinetic energy conversion.
"In 2018, China's Internet industry development prosperity index declined for the first time. The growth rate of listed Internet companies' revenues has slowed down, the total market value has fluctuated drastically, investment and financing activity has declined rapidly, and the industry has entered a new era of transformational adjustment and kinetic energy conversion. Internet companies Accelerate the pace of transformation and upgrading of traditional businesses, and new models such as smart retail, social e-commerce, e-sports, and short video are rapidly emerging. At the same time, we will turn our attention to the enterprise market and empower B through digital transformation and open service capabilities. Industrial Internet business is accelerating," the report wrote.
The report quoted the National Bureau of Statistics as the data pointed out that in 2018, the revenue of China's listed Internet companies reached 1.86 trillion yuan, a year-on-year increase of 30%, and the decline was significantly accelerated. Previously, between 2014 and 2017, the annual growth rate was 47.7%, 45.5%, 41.5%, and 38.1%, respectively. It is estimated that the revenue of China's listed Internet companies will exceed 2.2 trillion in 2019, with a growth rate of 20%-30%, and the growth rate is expected to slow further.
According to the report, in 2018, the four major business modules of e-commerce, games, social and search engines in China's Internet companies all experienced a slowdown in growth, and emerging kinetic energy needs to grow. Although the growth of cloud computing, big data, artificial intelligence and other businesses is fast, but the scale is small, it is still unable to effectively support the growth of the industry. E.g,Ali CloudRevenue only accounts for 6.4% of Ali's annual revenue, compared to Amazon andMicrosoftThe cloud business revenue segment accounted for 11% and 29.2% of revenue.
The industry/industry Internet market has great potential and is one of the highlights of the report. It is also becoming one of the directions that Internet giants are seeking to break through in the face of growth bottlenecks. Take Tencent, the leader of Chinese Internet companies in the list, for example. At the end of September 2018, the company announced a major organizational restructuring and became a milestone in its new round of overall strategic upgrades.
Ma Huateng, chairman and CEO of Tencent, said: The second half of the Internet belongs to the industry Internet. It is foreseeable that in the future, the giants in the industrial/industry Internet field will become increasingly fierce.
The list in the report is based on the market value at the end of 2018. Today, 2019 has already passed halfway. During this period, due to the differentiation of the stock prices of various companies, their rankings have also undergone major changes.
Zhongzheng Jun (ID: xhszzb) has sorted out the stock prices of the top ten Internet-listed companies in China and the United States this year, and found that the top ten US Internet companies on the list have achieved an increase since the beginning of the year; The top ten Chinese Internet companies have seen a big split since the beginning of the year.