Cloud California
Weekly Thoughts
The Commander-in-Chief has “conceptually” agreed to the proposal between TikTok and Oracle, and expressed his “blessings” for the agreement proposal. From the agreement that received the Commander-in-Chief’s “blessings”, it can be seen that TikTok will next establish a new company, TikTok Global, with Oracle and Walmart to jointly operate TikTok. The transaction result is similar to Apple’s “Cloud Guizhou” model in China, dubbed “Cloud California”. It also plans to conduct an IPO in the United States within a year. The Commander-in-Chief hopes that the United States can obtain $5 billion in funds from the listed TIKTOK company. The Commander-in-Chief said that this $5 billion is an education fund for American youth. In this transaction, the reason why Microsoft lost to Oracle once again proves that the rich really cannot do whatever they want; to get things done, you also need a president to back you up. Oracle founder Larry Ellison is a staunch supporter of the Commander-in-Chief, and this time the Commander-in-Chief also returned the favor, helping Oracle bag TIKTOK with robber logic and actions. ByteDance said that it resolutely opposed the Commander-in-Chief’s mandatory requirement for business sales, but it rationally abandoned Microsoft and chose Oracle. The team’s operational capability is evident.
In the future, Oracle’s use of the TikTok business contract to exert force on cloud services is an important reason for Oracle’s entry. Currently, Walmart’s future role in TIKTOK is unclear. It is speculated that it may be related to live streaming e-commerce, with Walmart providing offline product supply.
Weekly Events
Under the Commander-in-Chief’s coercion, ByteDance married TIKTOK to Oracle and Walmart. Tencent launched the overseas version of Enterprise WeChat, WeCOM, while WeChat was banned in the US.
Weekly Market
Period: 2020907-202000913
This week, the three major indices ended their two-consecutive-drop streak. Under the influence of the FTSE Russell A-share adjustment on Friday, the three major indices rebounded across the board. This week, TIKTOK reached an agreement with Oracle, and it is predicted that the rebound trend will continue next week.
Among the Wind Level 4 industries, systems software, precious metals, and home furnishings led the gains, with increases of over 10%. Photography, household products, and healthcare led the declines, with drops of over -3%. This week, affected by Tesla’s release of new batteries, lithium battery electrolytes rose. Affected by the National Day Golden Week, online travel exerted force, while consumption stocks such as livestock and poultry breeding and liquor continued to correct. Continuing last week’s judgment, the pig industry is now frantically expanding production capacity. In 2 years, pork prices are likely to fall below 10 yuan, which is the main reason for the decline across the pig industry chain.
| Market (%) | Index | This Week | 1 Week Ago | 2 Weeks Ago | 3 Weeks Ago |
|---|---|---|---|---|---|
| Shanghai Composite | 3338.09 | 2.38 | -2.83 | -1.42 | 0.68 |
| Shenzhen Component | 13245.09 | 2.33 | -5.23 | -1.41 | 2.77 |
| ChiNext Index | 2596.08 | 2.34 | -7.16 | -0.93 | 4.76 |
| Hang Seng Index | 24455.41 | -0.2 | 0.78 | -2.86 | 1.23 |
| HSCEI | 968.96 | 0.34 | -1.00 | -3.11 | -1.57 |
| Red Chip Index | 3808.34 | 0.47 | -3.00 | -4.06 | -0.057 |
| Dow Jones | 27657.42 | -0.03 | -2.22 | -1.82 | 2.59 |
| Nasdaq | 10793.28 | -0.56 | -5.28 | -3.27 | 3.39 |
| S&P 500 | 3319.47 | -0.64 | 3.3 | -2.31 | 3.26 |
Shanghai-Shenzhen-Hong Kong Stock Connect
| Market (CNY, Billion) | This Week | Last Week | 2 Weeks Ago | 3 Weeks Ago |
|---|---|---|---|---|
| Shanghai Connect | 33.93 | -35.16 | -134.16 | 17.77 |
| Shenzhen Connect | 74.39 | 29.33 | -88.46 | 61.69 |
| Hong Kong Connect | 118.95 | 66.12 | 160.93 | 23.22 |
Positions
| Type | Code | Name | Current Dynamic |
|---|---|---|---|
| Stock | SZ000880 | Weichai Heavy Machinery | Flat |
| Stock | HIMX | Himax Technologies | Flat |
| Fund | F260104 | Invesco Great Wall Domestic Demand Growth Mixed | Flat |
| Fund | F000566 | Huatai-PineBridge Innovation Upgrade | Flat |
| Fund | F320022 | Lion Fund Research Selected Stock | Flat |
| Fund | F001692 | Southern National Policy Power Stock | Flat |
| Fund | F163415 | Xingquan Commercial Front-end Fee | Flat |
| Fund | F004857 | Guangfa CSI All Share Construction Materials C | Flat |
| Fund | F001668 | E Fund Global Internet Mixed | Flat |
| Fund | 519688 | BOCOM Selected Mixed | Flat |
| Fund | 163406 | Xingquan Herun Classified | Flat |
Published at: Sep 20, 2020 · Modified at: Dec 2, 2025
