[Global Technology Reporter Wang Huan] According to "Nihon Keizai Shimbun" reported on June 5, investment funds are flowing into the stock market. The total market value of the global stock market reached US$76 trillion at the end of May, hitting a new record high two years later. Pull-ups use IT (Information Technology) companies such as Apple in the United States and Amazon in the United States. The company in the forefront of the market capitalization rankings has been dominated by resources and banks, but this situation has changed. Funds are now focusing on IT companies that build new markets with weapons such as big data and the Internet of Things. The high share prices have accelerated the rapid growth of these companies and created a virtuous circle. According to the statistical data of the World Federation of Exchanges and the representative stock price index, the total market value of global stock markets reached US$76 trillion by the end of May, exceeding the US$75.6 trillion in the end of May 2015 after the world financial crisis peaked. Data map What drives the rise in stock prices is an IT company that has grown up with the technological innovations of the Internet and smartphones. In May, Apple Inc. became the first listed company with a total market value of more than 800 billion U.S. dollars. In addition, Google’s holding companies, Alphabet and Amazon, have set a new high since listing. Among the top companies in the global market value ranking, the top five are all American IT companies. The rapid growth of emerging economies is also very prominent. The total market capitalization of China Tencent Holdings and Alibaba Group rose by 40% from the beginning of 2017, ranking ninth and tenth in the world respectively. There are 78 companies with a total market value of more than US$100 billion. Among them, 13 companies focused on IT-related businesses accounted for nearly 20% of the total. The reason why investment funds are concentrated in IT companies is that investors are increasingly looking forward to the use of new technologies such as Internet of Things and artificial intelligence (AI). Japan’s Daiwa Securities’ Niguya Yang pointed out that “owing to the technological innovations led by IT companies, people’s consumption actions and business models have undergone tremendous changes and have further stimulated the need to rely on new technologies and new servicesâ€. On the one hand, high stock prices have become a powerful tool for promoting business growth. For example, since its inception, Facebook has successively implemented 70 mergers and acquisitions (M&A) by using its own stock for stock exchanges. Higher stock prices also help gain talent through stock options. The approach taken by Amazon is to pay more attention to the compensation paid through stocks than to cash, and actively give employees stock options. The number of employees of the company has reached 340,000, which has increased to 25 times that of 10 years ago. On the other hand, the presence of Japanese companies that have failed to catch up with the IT-led upsurge of industrial structure has gradually declined. Ten years ago, Toyota Motor Corporation, which ranked 10th in the world in terms of total market value, slipped to 38th place. Japanese companies lack the lead in the stock market of IT companies, in this situation, the Nikkei average index has been standing before the 20,000 mark. Smart Watch,Smart Watch Women,Sport Smart Watch,Heart Rate Smart Watch GANSU PINGLINAG ABAY SCIENCE&TECHNOLOGY CO.,LTD , https://www.yzwtech.com