Last Friday, the three major indexes of the US stock market continued to soar, with the collective closing higher. The Dow Jones Industrial Average rose 1.05%, the S&P 500 Index rose 1.23%, and the Nasdaq rose 1.7%. The Dow Jones and S&P 500 Index hit a new closing high. The Nasdaq 100 index opened high and closed up 1.95% at 17314 points, hitting a new historical high!
The constituent stocks of the NASDAQ 100 index showed more gains than losses. In terms of gains, Microelectronics in the United States rose by more than 7.1%, PayPal Holdings rose by more than 6%, Broadcom rose by more than 5.8%, and Ram Research, Applied Materials, Kengton Electronics, Xinsi Technology, Qualcomm and others ranked first in terms of gains. In terms of decline, the US dollar fell more than 1.5%, while PepsiCo and Feita Information fell more than 0.8%. ExxonMobil, Walgreens, Bosch, and American Electric Power led the decline.
All seven major companies on the Nasdaq have risen, with Nvidia rising 4.17% and accumulating over 20% since the beginning of this year. The latest market value is approaching $1.5 trillion, setting a new historical high! Google A rose over 2%, Facebook rose 1.95%, Apple rose 1.55%, Amazon and Microsoft rose over 1.2%, and Tesla slightly rose 0.15%.
In terms of popular ETFs, the Nasdaq 100 ETF (159660), which focuses on low rates, opened higher today and has risen 2.46% against the trend so far, reaching a new high since its listing! The trading period continues to maintain a high premium, with a premium of 1.93%, indicating active buying activity!
Welfare reminder: The management fee for NASDAQ 100ETF is 0.5% per year, which is significantly lower than the mainstream market rate. The lower rate provides a better holding experience!
It is worth noting that the low rate Nasdaq 100 ETF (159660) has seen significant cash flow recently, with a total of 11.74 million yuan absorbed in the past 20 days. Especially when there is a significant premium, buying and selling arbitrage has become a strategy for many investors to increase their returns!
In addition, currently the Nasdaq 100ETF (159660) is a rare variety among similar products with no upper limit on daily subscription! The NASDAQ 100 ETF Link Fund (Class A: 018966; Class C: 018967) has been established, and Huitianfu Fund is confident in self purchasing over 10 million yuan! At present, redemption applications have been opened across the entire network, and are available on mainstream fund sales platforms. The 7X24 hour Nasdaq 100 off market layout tool!
[Latest updates on constituent stocks of the Nasdaq 100 ETF (159660) index]
Apple: Crazy! Apple VisionPro pre-sales are exceptionally hot! On January 19th, the highly anticipated Apple VisionPro officially began pre-sales in the United States. The pre-sale situation is extremely hot, and the servers on Apple's official website are crowded after 5 minutes of pre-sale. It is announced that the inventory is out of stock after 18 minutes. Two hours after opening the order, the delivery date has been scheduled for March or even April.
Amazon: Amazon's cloud platform AWS has announced plans to invest 2.26 trillion yen (approximately 15.24 billion US dollars) in Japan by 2027 to expand its cloud computing infrastructure, which serves as the backbone of artificial intelligence services. Amazon stated in a statement that it will invest in expanding its technology facilities in major cities such as Tokyo and Osaka to meet the growing demand of customers.
Tesla: Starting to expand its Nevada factory. It is understood that Tesla has finally begun to push forward with the expansion plan of the Nevada Superfactory to increase the production of Tesla Semis and 4680 batteries. The Tesla Nevada Superfactory is the first important step for Tesla to ensure battery supply in order to achieve growth. Tesla has partnered with Panasonic to deploy new battery cell production capacity at the factory, which Tesla uses to manufacture battery packs for its automotive and energy storage products.
Meta: By the end of 2024, Meta will have 350000 Nvidia H100 units. Recently, Meta CEO Zuckerberg revealed that the company will have approximately 350000 Nvidia H100 by the end of 2024, or the equivalent of a total of 600000 H100 in computing power. Industry insiders believe that Zuckerberg's main purpose of hoarding chips is to pave the way for General Artificial Intelligence (AGI).
International investment banks expect to start cutting interest rates in June, while UBS raises its expectations for the US stock market
Citigroup stated that it expects the FOMC to start cutting interest rates in June, compared to its previous forecast of July. The total expected rate cut in 2024 is 125 basis points, compared to the previous forecast of 100 basis points.
After FOMC released a dovish signal in December last year, UBS became the latest bank to raise its expectations for the US stock market. UBS raised its forecast for the 2024 S&P 500 index by 6% to 5150 points on Tuesday. About a month ago, this Swiss bank estimated the S&P 500 index to be 4850 points in the next year.
Guolian Securities stated that currently, the profitability and cash generation ability of technology leaders in the US stock market in 2023 are still strong, even in an environment of rising interest rates and borrowing costs. Therefore, overall, these companies have strong defensive capabilities and relatively high fundamental support.
【 Top institutions disclose 13F report, Hillhouse increases its holdings in technology stocks such as Amazon and Microsoft in the third quarter 】
HHLRadvisors, a subsidiary of Hillhouse, recently released its US stock holdings data for the third quarter of 2023. Hillhouse has conducted centralized allocation around technology companies and biotech innovation pharmaceutical companies, and has increased holdings and new purchases in 11 stocks including Microsoft and Amazon. As of the end of the third quarter of 2023, the top ten heavy holdings of HHLRadvisors are BeiGene, Pinduoduo, Shell, Legendary Biology, Microsoft, DoorDash, Saffles, Alibaba, TAKE-TWO Interactive Software, and Amazon. Chinese concept stocks account for half of the total, with market value accounting for over 70%. In addition to Chinese concept stocks, technology remains an important investment direction for HHLRadvisors. In addition to Alibaba, SF Express, DoorDash, Microsoft, and other top ten heavy holdings, HHLRadvisors also increased their holdings in Amazon and entered the top ten shareholders in the third quarter. In addition, they also increased their holdings in companies such as Boss Direct Hire and ROIVANTSCIENCES, as well as new related targets such as SEA and Tesla.
From the perspective of asset allocation, investing in global technology giants can help domestic investors effectively diversify risks to a certain extent; Against the backdrop of falling inflation and FOMC tightening monetary policy turning points in the short term, the US technology stock market is worth looking forward to. The NASDAQ 100 ETF (159660) and Link A (018966) and Link C (018967) are effective tools for one click layout of US technology stocks.
The NASDAQ 100 ETF (159660) tracks the NASDAQ 100 Index. In the era of artificial intelligence, the world's leading and most profound technology giants in the field of AI still concentrate on NASDAQ, such as Apple, Microsoft, Google, Nvidia, Meta, and so on. These AI giants are all among the top ten heavyweight stocks in the NASDAQ 100 Index, with the top ten heavyweight stocks accounting for over 45.5% of the NASDAQ 100 Index, Concentrated dragon head attributes. The management fee for NASDAQ 100 ETF (159660) is 0.5% per year, which is significantly lower than the mainstream rate structure in the market. The rate advantage is obvious, and saving is earning.
(Risk reminder: The above index components are for display only and do not represent any form of individual stock recommendation!)
Starting from NASDAQ, even better than NASDAQ
According to public information, the NASDAQ index includes 100 non-financial companies listed on NASDAQ. Since its inception, the NASDAQ market has successfully incubated a large number of technology giants and is widely regarded as one of the most successful investment markets for cultivating innovative, technology-based, and growth oriented companies. As the flagship index of the NASDAQ market, the Nasdaq 100 index has significantly outperformed the Nasdaq index in the long run. Since 1991, the NASDAQ 100 index has achieved an annualized return of 14.26% over the past 30 years, significantly higher than NASDAQ's 11.75%. (Data as of December 29, 2023)
Data statistics interval from January 1991 to December 29, 2023
Risk warning: Funds carry risks and investment needs to be cautious. This material is for promotional purposes only and is not intended as any legal document. The past performance of a fund does not predict future performance, and the performance of other funds managed by the fund manager does not constitute a guarantee of fund performance. The fund manager manages and utilizes the fund assets in accordance with the principles of diligence, honesty, and prudence, but does not guarantee a certain profit from investing in this fund, nor does it guarantee a minimum return. Investors should carefully read legal documents such as the Fund Contract, Prospectus, and Product Information Summary to gain a detailed understanding of product information. The Nasdaq 100 ETF belongs to the medium risk level (R3) product and is suitable for investors who have been assessed by customer risk level as balanced (C3) or above. The underlying index cannot fully represent the entire stock market. The average return rate of the constituent stocks in the target index may deviate from the average return rate of the entire stock market. Investors are advised to pay attention to the risks of index investment and the holding risks of concentrated investments in constituent stocks of the NASDAQ 100 index. Attention should be paid to the risks of significant equity and high concentration in some index components. Attention should be paid to the risks of index investment, ETF operation risks, unique risks of investing in specific varieties, and risks of participating in securities lending through refinancing.