Haitong Securities: The concept of “blockchain” is inevitable after the hype

On October 28th, the first financial news, Haitong Securities believes that the US stocks in the stock market rushed to double the weekend blockchain related concepts and individual stocks have been fully fermented, on Monday, the ups and downs. Future blockchains will have a wide range of applications in the fields of finance, medical care, government affairs, smart cities, etc. However, we must realize that blockchain technology still has the problem of low cost and low efficiency, and it is not widely applicable to all application scenarios. It is still time for each listed company to truly reflect the performance growth, so the concept of “blockchain” is inevitable after the hype, so investors need to pay attention to the risk of chasing the short-term.