Undoubtedly suffered a heavy blow, especially the online game stock plate, a large number of shares declined

this week, the holders of Hong Kong's "branch network shares" have undoubtedly suffered a heavy blow, especially the online game stocks, a large number of shares declined. 00484,HK, a 7-week-earlier slump, continued to fall more than 10% this week in two trading days, with IgG (08002,HK), which fell more than 20% last year in the four quarter.

Daily economic news reporter learned that the industry believes that Hong Kong "branch network Shares" and Amazon issued two quarterly earnings warning has a certain relationship. Amazon's share price plunged nearly 10% in Friday, and continued to fall 2.39% in Monday.

Amazon's weak performance

in Friday, Amazon reported its first-quarter results, with the company earning 110 million U.S. dollars in the first quarter, an increase of 32% per cent year-on-year, in line with most institutional expectations. But at the same time, Amazon's operating costs are rising. Amazon has seen its spending rise since 2009, and its operating costs have risen even more in the first quarter. Data show that the Amazon operating costs up to 19.6 billion U.S. dollars in the first quarter, an increase of 23%, which makes the company operating gross margin to maintain at around 1%. Announcing a quarterly report, Amazon released its two-quarter tracker, saying the company could run a two-quarter loss.

Affected by this message, Amazon shares fell nearly 10% on the same day and the Nasdaq index declined by 1.75%. The largest decline in Amazon in Monday was once more than 6% per cent, followed by a slight pick-up, but the final decline remained at 2.39%, at 296.58 dollars. Over the past year, Amazon's share price rose to $408.06 trillion, at a minimum of $252.91.

Zeng Zhiyong, a securities strategist in Hong Kong, said that, in addition to Amazon's announcement of the tracker, Apple also announced a plan to split its shares, which appears to be a lure for retail investors, which could also reflect a decline in the company's performance to institutional investor attractiveness.

The Hong Kong Branch Network Unit continues to look for the bottom. Since 2013, the "branch network" has performed well, but this week has seen a sharp decline. The first is a 7-week decline in a row of net swims holdings, continued to tumble this week. The shares plunged 8.17% per cent in Monday, after a fall in the New York stock market, and fell below the share price of last October's IPO, and yesterday (April 29) saw a 8% drop in the roaming holdings, the lowest price of HK $31.4 since the market hit, until the end of the market rebounded. In addition, the same is the October last year's listing of the game stocks in Monday plunged 14.59%, to the close yesterday, IgG has been the majority of this year's rise, the unit reached 10.92 Hong Kong dollar, has now "halved" and yesterday reported 5.6 Hong Kong dollars.

In addition to the two game stocks mentioned above, the Burson Interactive (00434,HK) plunged 6.9% to a new low in Monday, the biggest decline in Tuesday to more than 8%. In addition, due to the subsidiary company Kingdee Software first-quarter losses, Kingdee International (00268,HK) also created a new low this year.

Zeng Zhiyong that Hong Kong "branch network Shares" earlier gains, the recent sharp drop in the main or by the Amazon surplus police drag. He expected that the future "branch network stocks" temporary trend is poor, perhaps will continue to seek a bottom,But some good quality "branch net stock" still deserves attention, such as Tencent Holding (00700,HK) and Jinshan Software (03888,HK) and so on.