Jiaotong Holdings (01450) opened nearly 4% higher in early trading. As of press release, it rose 3.66% to HK$1.70, with a turnover of HK$35.2 million.
The Zhitong Finance App learned that Make a Friend Holdings (01450) opened nearly 4% higher in early trading. As of press release, it had risen 3.66% to HK$1.70, with a turnover of HK$35.2 million.
According to reports, Make a Friend Holdings was founded in June 2019 and became an instant hit through the IP effect of commercial influencer Luo Yonghao. In April 2020, Luo Yonghao officially entered live streaming delivery, and made friends as the operation team behind his live streaming delivery, and the two sides cooperated for a win-win situation. In May 2022, Lo Wing-ho announced his withdrawal from the Make a Friend management team, but he will still participate in the live broadcast as an anchor. Shortly after Lo Wing-ho announced his withdrawal from Make Friends management, in August of the same year, Century Ruike officially established a full partnership with Make Friends.
As of December 2021, there were about 460 million live e-commerce users in China, accounting for 66% of the total number of webcast users and about 45% of the number of netizens. Overall, there is still plenty of room for growth in the number of live e-commerce users, but the decline in the number and penetration rate of live e-commerce users also means that live e-commerce has become the new normal of e-commerce, and the scope of the “human market” of live e-commerce is rapidly expanding and becoming the “standard” for e-commerce.
Analysts said that the forward-looking business layout combined with the boom in the industry has provided sufficient growth impetus for Jiaotong Holdings. However, it should be noted that risks and opportunities come together. The company also needs to be wary of the risk that increased competition in the overall industry will put pressure on revenue growth and profit margin fluctuations, and that the development of the live streaming industry is still affected by industry regulations, and there are certain uncertain risks, etc., and the uncertainty brought about by these development risks may also put pressure on its stock price.