digital currency stocks 2021, Knowledge

1. Valuation advantages2. Industry leadersFrom Baidu to Ali, JD.COM and Meituan, these traditional Internet giants are facing a steady pattern of traffic competition. Especially the rise of Tik Tok, with its huge traffic advantage, makes e-commerce business either increase traffic or increase efficiency. Traditional e-commerce platforms such as Ali and JD.COM can only respond to Pinduoduo's attack with maximum efficiency while countering Tik Tok's attack. While Tencent, Byte and Pinduoduo have gradually formed a BTP (Byte, Tencent and Pinduoduo) echelon in this steady-state pattern.

1. Industry changes and steady-state patternAccording to the latest data, the estimated net value data of E Fund's China Unicom 50ETF shows that the unit net value of the fund was 1.1522 on December 2, 2024, with a daily increase of 0.88%. It fell by 5.56% in January, rose by 12.87% in June and rose by 21.21% in the past year. This shows that, despite short-term fluctuations, the fund still has good investment value in the long run.About the future development of Internet industry.

1. Valuation advantagesIn the future, Internet players will focus on three major directions: cultivating the first interval (volume efficiency), ambushing the second curve (expanding business) and finding incremental markets (expanding overseas). Combined with the three major tracks of Internet realization, an echelon of Internet steady state has been formed, and BTP (Byte, Tencent, Pinduoduo) will be in a relatively steady state pattern for a relatively long period of time.3. Changes in policy and market environment