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胜利曙光

胜利曙光

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2021-03-31

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2021-04-21

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Last Night This Morning: European and American stocks closed lower across the board as pandemic fears returned

2021-05-16

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2021-09-13

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2021-06-06

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"The First Tea Drink Stock" Naixue's Tea Passed the Hearing, with an annual profit of 62.17 million

2021-05-20

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2021-05-13

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Alibaba Earnings Report: First Quarterly Loss, Full Year GMV Record

2021-03-15

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U.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier

2025-05-20

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2021-06-01

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20:52","market":"hk","language":"zh","title":"\"The First Tea Drink Stock\" Naixue's Tea Passed the Hearing, with an annual profit of 62.17 million","url":"https://stock-news.laohu8.com/highlight/detail?id=1156877497","media":"格隆汇","summary":"随着奈雪的茶（以下简称“奈雪”）通过港交所聆讯，“新茶饮第一股”的脚步越来越近。无论是资本圈，还是从业者，似乎都在期待着新茶饮赛道的这声“发令枪”打响。心照不宣的是：如果奈雪能够“一炮而红”，全球化高","content":"<p>As Naixue's tea (hereinafter referred to as \"Naixue\") passes the hearing of HKEx, the footsteps of \"the first new tea drink\" are getting closer and closer.</p><p>Both the capital circle and practitioners seem to be looking forward to the \"starting gun\" of the new tea track. It is tacitly understood that if Naixue can \"become an instant hit\", the global high-end tea brand may accelerate its incubation, and the upsurge of new tea listing will surely surge out.</p><p>Today, Naixue is only one step away from going public. Many problems in the new tea track may soon be answered by the market.</p><p>1<b>The \"loss puzzle\" is solved, and the epidemic is still profitable</b></p><p>And why does Naixue's listing contain so many deep meanings and become a good industry observation window?</p><p>All along, the biggest torture of Nayuki in the market is profit. With the disclosure of the prospectus after the hearing, its \"loss puzzle\" finally got a clear and powerful response. The prospectus shows that,<b>According to IAS 17, Nayuki achieved an adjusted net profit of 62.17 million in 2020,</b>This may mean that the market's cognition of the value of Naixue and even the industry ecology of new tea drinks will be reshaped.</p><p>In the past few years, Naixue has always maintained a rapid expansion trend. According to the prospectus, as of the end of 2017, the number of Naixue teahouses was 44. This data was refreshed to 491 on December 31, 2020, of which 489 stores were distributed in 66 cities in mainland China, and two were located in Hong Kong SAR and Japan respectively. As of the Latest Practicable Date, the number of Nayuki stores had increased to 556. According to CIC, Naixue's share in China's high-end freshly made teahouse market reached 18.9% in terms of total retail consumption in 2020.</p><p><b>Different from many tea brands that are open to join, at present, all stores of Naixue are directly operated stores.</b>The pure direct mode also means a higher upfront investment, and the formation of the underlying capabilities of retail back-end such as supply chain usually requires \"long-termism\". Corresponding also see,<b>For Nayuki, the cost of materials and labor has always been the most important fixed expenditure, rather than the store rent that the outside world thought earlier.</b>Among them, the cost of raw materials accounted for the highest proportion for three consecutive years, and from 2018 to 2020<b>35.3%, 36.6% and 37.9%, compared with the average proportion of raw materials in the coffee industry in 2020, Nayuki was nearly double that of the same year.</b></p><p>However, once the underlying capability is formed, it can empower the retail front-end and quickly enlarge the competitiveness of enterprises. In the same period, the average sales of Naixue per order remained around 43 yuan, which was higher than the industry average of 35 yuan. During the performance period,<b>The first break-even period of Nayuki stores is about 4 months, and the payback period of stores opened in 2018 is only 10.6 months.</b>Market data shows that the cycle for Chinese food brands to achieve breakeven and cash investment return for the first time is usually 3-6 months and 15-20 months, compared with Nayuki, which has a significant advantage.</p><p><img src=\"https://static.tigerbbs.com/4a4d8f37117cc89ba93a090ca0f187d3\" tg-width=\"933\" tg-height=\"536\" referrerpolicy=\"no-referrer\"></p><p>Mapping to financial performance,<b>From 2018 to 2020, Naixue achieved revenue of 1.087 billion yuan, 2.502 billion yuan and 3.057 billion yuan respectively, with a compound annual growth rate of 67.7%.</b>With the continuous improvement of Nayuki's profitability, it turned losses into profits. Nayuki's adjusted net profit (non-IFRS measurement) changed from a loss of 11.74 million yuan in 2019 to a profit of 16.64 million yuan in 2020.<b>In accordance with IAS 17, Naixue achieved an adjusted net profit of 62.17 million in 2020.</b></p><p><img src=\"https://static.tigerbbs.com/7e3fe1dddb07b20aa53d8838d1a7183c\" tg-width=\"822\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p>In the follow-up, Naixue made it clear that it would not cut the cost of raw materials in response to the cost issue. Then, the focus of cost control in the future may fall on improving the level of supply chain. If Naixue's supply chain can exert greater efficiency, it will not only greatly reduce its operating costs and increase its profit margin, but also continue to enlarge its retail front-end competitiveness and build a safer commercial moat. At the same time, considering that direct-operated stores have obvious advantages in developing new products for unified operating standards, convenient brand management, and face consumers directly, Naixue's pure direct-operated model is gradually \"running through\", and its future operating performance may be more optimistic.</p><p>2<b>Choice and opportunity, seize the mind of the main consumer</b></p><p>What is further worth exploring is: at present, new tea shops are all over China, and brand players with their own characteristics are emerging in an endless stream. How can Naixue \"keep the clouds open\" and seize the minds of consumers?</p><p>In the author's opinion, the key reason lies in Naixue's corporate gene and timing of entry. Since its establishment, Naixue's goal is to build a high-end tea brand. In the iteration of young consumers who have higher requirements for quality and taste and are more willing to pay a premium for the brand, it has gradually formed strong brand loyalty and built competitive barriers.</p><p>More specifically,<b>Nayuki has both remarkable product innovation ability and social space scene, which determines that it gradually widens the gap with a group of competitors.</b></p><p>At present, Naixue's core menu has more than 25 classic tea drinks and more than 25 classic baking products, and on the basis, it continues to launch new products inspired by fresh fruits in the season. According to incomplete statistics, since 2018, Naixue has offered an average of one new drink every week, and at present, about 60 seasonal products have been launched.</p><p><img src=\"https://static.tigerbbs.com/56736f6fc446952add753bee71c2514e\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"></p><p>In addition, high-end freshly made tea shops focus on using high-quality and fresh ingredients to produce freshly made tea drinks, and their chain enterprises require standardized quality control capabilities to ensure the safety of food and the market fit of taste. Nayuki has many years of cooperation with high-quality tea gardens and orchards in many places, and has reached in-depth cooperation with renowned suppliers to ensure that key raw materials are customized according to brand standards with unique supply chain resources. Achieving this requires significant scale effect and strong bargaining power of enterprises as the basis, and it is also clear that the threshold of high-end fresh tea drinking track is much higher than ordinary people imagine.</p><p>Overall, in fact, all service industries ultimately operate a kind of trust. Whoever can win the ultimate trust of customers can stand forever. Judging from the high raw material cost of Nayuki, Nayuki has always insisted on bringing consumers higher quality and healthier products. I believe this will also be one of the key points for Nayuki to win the deep trust of customers.</p><p>In addition, Nayuki's digital membership system has sufficient potential and is expected to continue to optimize the customer experience.</p><p><b>Up to now, the registered members of Naixue's membership system are close to 35 million, and online order revenue accounts for nearly 70%.</b>In 2020, 49% of total Nayuki orders came from members. It is a vast database that contains valuable data on customer behavior and preferences.</p><p>At the same time, with the change of the main consumer force, new consumption trends are constantly emerging, which puts forward higher requirements for the brand's commercial sense of smell. In this dimension, data strength determines competitiveness and begins to influence the development trend of brands. Relying on the huge data assets accumulated by time, Naixue can more accurately judge the changes of consumer demand. At the same time, the more customer groups Naixue serves in the future, the more accurate its understanding of consumers will be. This growing ecological service system will bring better service efficiency and customer experience.</p><p>3<b>\"The First Stock of New Tea Drinks\", or Affect the Development of Global Brands</b></p><p>From an enlarged perspective, what is the significance of \"the first share of new tea drinks\"?</p><p>First of all, China's freshly made tea market, especially the high-end freshly made tea market, is an undisputed golden track.</p><p>From 2015 to 2020, the retail value generated by high-end freshly made tea drinks in China increased to approximately RMB12.9 billion, representing a CAGR of 75.8%. At the same time,<b>This value is expected to further increase at a CAGR of 32.2% to approximately 52.2 billion yuan in 2025, which will account for approximately 24.8% of the total consumption value of freshly made tea products in the same year.</b></p><p><img src=\"https://static.tigerbbs.com/57239b9d8a23d0247543238b6c1bab9b\" tg-width=\"929\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p><p>Correspondingly, the entrepreneurial boom of new tea drinks has quickly triggered and intensified. According to the data of enterprises, at present, there are 324,200 milk tea-related enterprises in China, and the annual registration of such enterprises has increased greatly year by year. However, looking at the market, there are actually few tea brands well known to consumers, and few can be called high-end tea brands.<b>According to iiMedia Consulting data, as of the first quarter of 2021, there were only three companies: Naixue, Heytea and Lele Tea.</b></p><p>This reflects that although the new tea market is vast and the entry threshold seems to be low, the competition risk is huge, the brand is difficult to mold, and it has certain capital requirements.<b>It also means that the new tea track, especially the high-end segment, is not a low barrier. Leading brands such as Naixue occupy a first-mover advantage and are more likely to share industrial dividends, which may incubate global high-end tea brands and fill the market gap.</b>After Nayuki takes the lead in landing in the capital market, it will expand its advantages in brand building and capital strength, and its competitiveness will be strengthened again.</p><p>According to the data of CIC Consulting, by the end of 2020, the number of high-end freshly made teahouses in China was about 3,000-4,000, with Naixue stores accounting for 12.5%-17%; At the same time, the total number of stores including Heytea, Lele Tea and Cha Yan Yue Se was approximately 1,487, which was far lower than Starbucks' 5,000 stores in the PRC market. Considering the new era of main consumption, the national confidence is unprecedented, and the tea culture has a larger audience, there is undoubtedly room for further store expansion.</p><p>It is worth noting that Naixue's next plan is to push Naixue's Tea PRO, with a store area of 80-200 square meters. Compared with standard stores, it has stronger market penetration, higher replication efficiency and shorter return on investment cycle. Such a portfolio of stores may be able to bring a richer experience to consumers and facilitate expansion, which is expected to accelerate its seizure of the incremental market of high-end freshly made tea drinks in China.</p><p>From another perspective, brands in the big consumption field can be roughly divided into two categories: product category and service category. The most powerful one in the product category is the brand that can make consumers form high viscosity consumption habits. Such products can often leave users with a very deep experience, provide guarantee for business continuity and repurchase rate, and the price sensitivity is not high, and the profit performance is good. Therefore, this consumer brand is often favored by the capital market.</p><p>For Chinese consumers, tobacco, wine and tea are all indispensable products in life, and a large number of such brands have been produced. Typical cases of wine are Maotai and Wuliangye, but typical cases of tea have not yet appeared. The culture carried by tea also needs to be promoted by brand power. The birth of \"the first new tea drink\" is an excellent opportunity. I believe that the typical case of the first tea is likely to be Naixue.</p><p>4<b>epilogue</b></p><p>The core opportunity in the big consumption field lies in whether brands can build a brand-new lifestyle that is accepted by the new generation of people. This new lifestyle is reflected in two aspects: First, whether new scientific and technological elements can be applied to enable consumers to get better product experience and service experience; The second is whether a new cultural element can be created, so that the values recognized by consumers can be reflected.</p><p>If these two things can be done, then this brand will generate a huge increase, and it can even be popular all over the world in the future. At present, Naixue is changing young people's tea consumption habits, and cultural innovation and technology fashion are driving Naixue's continuous growth. Under the company's emerging global business thinking, Naixue may become a new business card of Chinese tea culture in the international consumer market.</p><p>From a cup of traditional tea to a cup of new tea drinks, Chinese people's love for tea has never changed.</p>","source":"gelonghui_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>\"The First Tea Drink Stock\" Naixue's Tea Passed the Hearing, with an annual profit of 62.17 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n\"The First Tea Drink Stock\" Naixue's Tea Passed the Hearing, with an annual profit of 62.17 million\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">格隆汇</strong><span class=\"h-time small\">2021-06-06 20:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As Naixue's tea (hereinafter referred to as \"Naixue\") passes the hearing of HKEx, the footsteps of \"the first new tea drink\" are getting closer and closer.</p><p>Both the capital circle and practitioners seem to be looking forward to the \"starting gun\" of the new tea track. It is tacitly understood that if Naixue can \"become an instant hit\", the global high-end tea brand may accelerate its incubation, and the upsurge of new tea listing will surely surge out.</p><p>Today, Naixue is only one step away from going public. Many problems in the new tea track may soon be answered by the market.</p><p>1<b>The \"loss puzzle\" is solved, and the epidemic is still profitable</b></p><p>And why does Naixue's listing contain so many deep meanings and become a good industry observation window?</p><p>All along, the biggest torture of Nayuki in the market is profit. With the disclosure of the prospectus after the hearing, its \"loss puzzle\" finally got a clear and powerful response. The prospectus shows that,<b>According to IAS 17, Nayuki achieved an adjusted net profit of 62.17 million in 2020,</b>This may mean that the market's cognition of the value of Naixue and even the industry ecology of new tea drinks will be reshaped.</p><p>In the past few years, Naixue has always maintained a rapid expansion trend. According to the prospectus, as of the end of 2017, the number of Naixue teahouses was 44. This data was refreshed to 491 on December 31, 2020, of which 489 stores were distributed in 66 cities in mainland China, and two were located in Hong Kong SAR and Japan respectively. As of the Latest Practicable Date, the number of Nayuki stores had increased to 556. According to CIC, Naixue's share in China's high-end freshly made teahouse market reached 18.9% in terms of total retail consumption in 2020.</p><p><b>Different from many tea brands that are open to join, at present, all stores of Naixue are directly operated stores.</b>The pure direct mode also means a higher upfront investment, and the formation of the underlying capabilities of retail back-end such as supply chain usually requires \"long-termism\". Corresponding also see,<b>For Nayuki, the cost of materials and labor has always been the most important fixed expenditure, rather than the store rent that the outside world thought earlier.</b>Among them, the cost of raw materials accounted for the highest proportion for three consecutive years, and from 2018 to 2020<b>35.3%, 36.6% and 37.9%, compared with the average proportion of raw materials in the coffee industry in 2020, Nayuki was nearly double that of the same year.</b></p><p>However, once the underlying capability is formed, it can empower the retail front-end and quickly enlarge the competitiveness of enterprises. In the same period, the average sales of Naixue per order remained around 43 yuan, which was higher than the industry average of 35 yuan. During the performance period,<b>The first break-even period of Nayuki stores is about 4 months, and the payback period of stores opened in 2018 is only 10.6 months.</b>Market data shows that the cycle for Chinese food brands to achieve breakeven and cash investment return for the first time is usually 3-6 months and 15-20 months, compared with Nayuki, which has a significant advantage.</p><p><img src=\"https://static.tigerbbs.com/4a4d8f37117cc89ba93a090ca0f187d3\" tg-width=\"933\" tg-height=\"536\" referrerpolicy=\"no-referrer\"></p><p>Mapping to financial performance,<b>From 2018 to 2020, Naixue achieved revenue of 1.087 billion yuan, 2.502 billion yuan and 3.057 billion yuan respectively, with a compound annual growth rate of 67.7%.</b>With the continuous improvement of Nayuki's profitability, it turned losses into profits. Nayuki's adjusted net profit (non-IFRS measurement) changed from a loss of 11.74 million yuan in 2019 to a profit of 16.64 million yuan in 2020.<b>In accordance with IAS 17, Naixue achieved an adjusted net profit of 62.17 million in 2020.</b></p><p><img src=\"https://static.tigerbbs.com/7e3fe1dddb07b20aa53d8838d1a7183c\" tg-width=\"822\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p>In the follow-up, Naixue made it clear that it would not cut the cost of raw materials in response to the cost issue. Then, the focus of cost control in the future may fall on improving the level of supply chain. If Naixue's supply chain can exert greater efficiency, it will not only greatly reduce its operating costs and increase its profit margin, but also continue to enlarge its retail front-end competitiveness and build a safer commercial moat. At the same time, considering that direct-operated stores have obvious advantages in developing new products for unified operating standards, convenient brand management, and face consumers directly, Naixue's pure direct-operated model is gradually \"running through\", and its future operating performance may be more optimistic.</p><p>2<b>Choice and opportunity, seize the mind of the main consumer</b></p><p>What is further worth exploring is: at present, new tea shops are all over China, and brand players with their own characteristics are emerging in an endless stream. How can Naixue \"keep the clouds open\" and seize the minds of consumers?</p><p>In the author's opinion, the key reason lies in Naixue's corporate gene and timing of entry. Since its establishment, Naixue's goal is to build a high-end tea brand. In the iteration of young consumers who have higher requirements for quality and taste and are more willing to pay a premium for the brand, it has gradually formed strong brand loyalty and built competitive barriers.</p><p>More specifically,<b>Nayuki has both remarkable product innovation ability and social space scene, which determines that it gradually widens the gap with a group of competitors.</b></p><p>At present, Naixue's core menu has more than 25 classic tea drinks and more than 25 classic baking products, and on the basis, it continues to launch new products inspired by fresh fruits in the season. According to incomplete statistics, since 2018, Naixue has offered an average of one new drink every week, and at present, about 60 seasonal products have been launched.</p><p><img src=\"https://static.tigerbbs.com/56736f6fc446952add753bee71c2514e\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"></p><p>In addition, high-end freshly made tea shops focus on using high-quality and fresh ingredients to produce freshly made tea drinks, and their chain enterprises require standardized quality control capabilities to ensure the safety of food and the market fit of taste. Nayuki has many years of cooperation with high-quality tea gardens and orchards in many places, and has reached in-depth cooperation with renowned suppliers to ensure that key raw materials are customized according to brand standards with unique supply chain resources. Achieving this requires significant scale effect and strong bargaining power of enterprises as the basis, and it is also clear that the threshold of high-end fresh tea drinking track is much higher than ordinary people imagine.</p><p>Overall, in fact, all service industries ultimately operate a kind of trust. Whoever can win the ultimate trust of customers can stand forever. Judging from the high raw material cost of Nayuki, Nayuki has always insisted on bringing consumers higher quality and healthier products. I believe this will also be one of the key points for Nayuki to win the deep trust of customers.</p><p>In addition, Nayuki's digital membership system has sufficient potential and is expected to continue to optimize the customer experience.</p><p><b>Up to now, the registered members of Naixue's membership system are close to 35 million, and online order revenue accounts for nearly 70%.</b>In 2020, 49% of total Nayuki orders came from members. It is a vast database that contains valuable data on customer behavior and preferences.</p><p>At the same time, with the change of the main consumer force, new consumption trends are constantly emerging, which puts forward higher requirements for the brand's commercial sense of smell. In this dimension, data strength determines competitiveness and begins to influence the development trend of brands. Relying on the huge data assets accumulated by time, Naixue can more accurately judge the changes of consumer demand. At the same time, the more customer groups Naixue serves in the future, the more accurate its understanding of consumers will be. This growing ecological service system will bring better service efficiency and customer experience.</p><p>3<b>\"The First Stock of New Tea Drinks\", or Affect the Development of Global Brands</b></p><p>From an enlarged perspective, what is the significance of \"the first share of new tea drinks\"?</p><p>First of all, China's freshly made tea market, especially the high-end freshly made tea market, is an undisputed golden track.</p><p>From 2015 to 2020, the retail value generated by high-end freshly made tea drinks in China increased to approximately RMB12.9 billion, representing a CAGR of 75.8%. At the same time,<b>This value is expected to further increase at a CAGR of 32.2% to approximately 52.2 billion yuan in 2025, which will account for approximately 24.8% of the total consumption value of freshly made tea products in the same year.</b></p><p><img src=\"https://static.tigerbbs.com/57239b9d8a23d0247543238b6c1bab9b\" tg-width=\"929\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p><p>Correspondingly, the entrepreneurial boom of new tea drinks has quickly triggered and intensified. According to the data of enterprises, at present, there are 324,200 milk tea-related enterprises in China, and the annual registration of such enterprises has increased greatly year by year. However, looking at the market, there are actually few tea brands well known to consumers, and few can be called high-end tea brands.<b>According to iiMedia Consulting data, as of the first quarter of 2021, there were only three companies: Naixue, Heytea and Lele Tea.</b></p><p>This reflects that although the new tea market is vast and the entry threshold seems to be low, the competition risk is huge, the brand is difficult to mold, and it has certain capital requirements.<b>It also means that the new tea track, especially the high-end segment, is not a low barrier. Leading brands such as Naixue occupy a first-mover advantage and are more likely to share industrial dividends, which may incubate global high-end tea brands and fill the market gap.</b>After Nayuki takes the lead in landing in the capital market, it will expand its advantages in brand building and capital strength, and its competitiveness will be strengthened again.</p><p>According to the data of CIC Consulting, by the end of 2020, the number of high-end freshly made teahouses in China was about 3,000-4,000, with Naixue stores accounting for 12.5%-17%; At the same time, the total number of stores including Heytea, Lele Tea and Cha Yan Yue Se was approximately 1,487, which was far lower than Starbucks' 5,000 stores in the PRC market. Considering the new era of main consumption, the national confidence is unprecedented, and the tea culture has a larger audience, there is undoubtedly room for further store expansion.</p><p>It is worth noting that Naixue's next plan is to push Naixue's Tea PRO, with a store area of 80-200 square meters. Compared with standard stores, it has stronger market penetration, higher replication efficiency and shorter return on investment cycle. Such a portfolio of stores may be able to bring a richer experience to consumers and facilitate expansion, which is expected to accelerate its seizure of the incremental market of high-end freshly made tea drinks in China.</p><p>From another perspective, brands in the big consumption field can be roughly divided into two categories: product category and service category. The most powerful one in the product category is the brand that can make consumers form high viscosity consumption habits. Such products can often leave users with a very deep experience, provide guarantee for business continuity and repurchase rate, and the price sensitivity is not high, and the profit performance is good. Therefore, this consumer brand is often favored by the capital market.</p><p>For Chinese consumers, tobacco, wine and tea are all indispensable products in life, and a large number of such brands have been produced. Typical cases of wine are Maotai and Wuliangye, but typical cases of tea have not yet appeared. The culture carried by tea also needs to be promoted by brand power. The birth of \"the first new tea drink\" is an excellent opportunity. I believe that the typical case of the first tea is likely to be Naixue.</p><p>4<b>epilogue</b></p><p>The core opportunity in the big consumption field lies in whether brands can build a brand-new lifestyle that is accepted by the new generation of people. This new lifestyle is reflected in two aspects: First, whether new scientific and technological elements can be applied to enable consumers to get better product experience and service experience; The second is whether a new cultural element can be created, so that the values recognized by consumers can be reflected.</p><p>If these two things can be done, then this brand will generate a huge increase, and it can even be popular all over the world in the future. At present, Naixue is changing young people's tea consumption habits, and cultural innovation and technology fashion are driving Naixue's continuous growth. Under the company's emerging global business thinking, Naixue may become a new business card of Chinese tea culture in the international consumer market.</p><p>From a cup of traditional tea to a cup of new tea drinks, Chinese people's love for tea has never changed.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.gelonghui.com/p/468993\">格隆汇</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/56736f6fc446952add753bee71c2514e","relate_stocks":{},"source_url":"https://www.gelonghui.com/p/468993","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"1156877497","content_text":"随着奈雪的茶（以下简称“奈雪”）通过港交所聆讯，“新茶饮第一股”的脚步越来越近。无论是资本圈，还是从业者，似乎都在期待着新茶饮赛道的这声“发令枪”打响。心照不宣的是：如果奈雪能够“一炮而红”，全球化高端茶饮品牌或加速孵化，新茶饮上市热潮亦必将奔涌而出。如今，奈雪离上市仅有一步之遥。新茶饮赛道的诸多问题，或许很快就会得到市场的答案。1“亏损迷局”解开，遭遇疫情依然盈利而奈雪上市何以蕴藏如此多的深意，成为不错的行业观察窗口？一直以来，市场对奈雪最大的拷问即是盈利。随着聆讯后招股书的披露，其“亏损迷局”终于得到明确而有力的回应。招股书显示，按照国际会计准则第17号，奈雪2020年全年实现经调整净利润6217万，这或许意味着，市场对于奈雪的价值认知，乃至新茶饮的行业生态将要重塑。过去几年，奈雪始终保持着较快的扩张态势。招股书显示，截至2017年底，奈雪茶饮店数量为44间，这一数据于2020年12月31日被刷新为491间，其中489间门店分布在中国大陆66个城市，还有两间分别位于香港特区和日本。截至最后实际可行日期，奈雪门店数量已经增至556间。根据灼识咨询数据，以2020年零售消费总值计，奈雪在中国高端现制茶饮店市场中的份额达到18.9%。区别于众多开放加盟的茶饮品牌，目前奈雪所有门店均为直营店。纯粹的直营模式同样意味着较高的前期投入，供应链等零售后端底层能力的形成通常需要“长期主义”。对应也看到，对奈雪来说材料和人工成本一直是最主要的固定支出，而非早前外界以为的店铺租金。其中，原料成本更是连续3年占比最高，2018年至2020年依次为35.3%、36.6%、37.9%，对比2020年咖啡行业原料占比均值，奈雪同年高出近一倍。但往往，底层能力一旦形成便能够赋能零售前端，迅速放大企业竞争力。同期，奈雪每单平均销售额保持在43元左右，高于行业均值的35元。业绩期内，奈雪门店首次盈亏平衡期约4个月，2018年开业的门店投资回收期仅为10.6个月。市场数据显示，中餐品牌首次达成盈亏平衡及现金投资回报的周期通常为3-6个月及15-20个月，相比之下奈雪具有显著优越性。映射到财务表现上，2018-2020年，奈雪分别实现营收10.87亿元、25.02亿元、30.57亿元，复合年增长达到67.7%。随之奈雪的盈利能力持续提升，实现扭亏为盈。奈雪经调整净利润（非国际财务报告准则计量）由2019年的亏损1174万元，转为2020年的盈利1664万元。且按照国际会计准则第17号，奈雪2020年全年实现经调整净利润6217万。后续而言，奈雪针对成本问题曾明确表态不会削减原料成本。那么，未来成本控制的重心或落在提升供应链水平等方面。而如果奈雪的供应链能够发挥出更大效能，不仅将大大压缩其经营成本，增加盈利空间，还将继续放大其零售前端的竞争力，构建起更安全的商业护城河。同时考虑到，直营门店为统一操作标准、方便品牌管理，且直面消费者，在开发新产品等方面具有明显优势，奈雪的纯直营模式逐渐“跑通”，其未来经营业绩可能会更加乐观。2选择与时机，抢占消费主力心智进一步值得探讨的是：当下新茶饮店遍布中国，各具特色的品牌玩家层出不穷，奈雪又是何以“守得云开”，抢占消费者心智的？笔者看来，关键原因在于奈雪的企业基因与进场时机。奈雪自成立之初所坚持的目标即是打造高端茶饮品牌，在对品质和口感要求较高，更愿为品牌付出溢价的年轻消费主力迭代中，其逐步形成了较强的品牌忠诚度，构筑出竞争壁垒。更具体的层面而言，奈雪兼具风格显著的产品创新能力和社交空间场景，决定其与一众竞争者逐步拉开差距。目前，奈雪的核心菜单拥有超过25种经典茶饮，25种以上的经典烘焙产品品类，并在基础之上以当季鲜果为灵感持续推出特色新品。不完全统计，自2018年以来，奈雪平均每周上新一款饮品，目前已推出约60种季节性产品。并且，高端现制茶饮店专注使用优质、新鲜配料生产现制茶饮，其连锁企业要求标准化品控能力，保障食品的安全性及口味的市场契合度。奈雪与多地的优质茶园、果园均有多年合作关系，且与知名供应商达成深度合作，以独有的供应链资源确保主要原料按品牌标准定制。实现这一点需要有显著的规模效应和极强的企业议价能力作为基础，也侧面明确高端现制茶饮赛道的门槛要比普通人想象的高得多。纵观之下，其实所有的服务业最终经营的都是一种信任，谁能够赢得客户的终极信任，就可以永远屹立。从奈雪居高不减的原材料成本来看，奈雪一直坚持给消费者带来更高品质、更健康的产品，相信这也会是奈雪能赢得客户深度信任的关键点之一。此外，奈雪的数字化会员体系势能充足，或有望继续优化客户体验。截至目前，奈雪会员体系的注册会员接近3500万，线上订单收入占比近7成。2020年，奈雪订单总数中有49%来自会员。这是一个庞大的数据库，其中包含着客户行为及偏好的宝贵数据。同时随着消费主力的更迭，新的消费趋势不断涌现，进而对品牌的商业嗅觉提出更高要求，在这个维度上，数据实力即决定竞争能力，开始左右品牌的发展走向。依靠时间积累出的庞大数据资产，则可以让奈雪更精准地判断消费者需求的变化。同时，未来奈雪服务的客户群体人数越多，它对消费者的理解也就越精准，这种具有生长力的生态服务体系将带来更好的服务效率和客户体验。3“新茶饮第一股”，或牵动全球性品牌发展放大视野来看，“新茶饮第一股”的意义究竟在哪？首先，中国现制茶饮市场，尤其高端现制茶饮市场，是为不争的黄金赛道。2015-2020年，中国高端现制茶饮所产生的零售价值增至约129亿元，复合年增长率达到75.8%。同时，这一数值预计将以32.2%的复合年增长率进一步增至2025年的约522亿元，将占同年现制茶饮产品消费价值总额的约24.8%。与之对应，新茶饮创业热潮迅速引发且愈演愈烈。企查查数据显示，目前中国共有32.42万家奶茶相关企业，这类企业年注册量逐年大增。但纵观市场，为消费者熟知的茶饮品牌其实为数不多，能称上高端现制茶饮品牌的更是寥寥。据艾媒咨询数据，截至2021年一季度，仅有奈雪、喜茶、乐乐茶三家。这反映出，新茶饮市场虽然广阔且看似入行门槛不高，但竞争风险巨大、品牌难塑、具有一定资本要求。也意味着新茶饮赛道尤其高端细分领域，并非低壁垒，奈雪等头部品牌占据先发优势，更有望分享产业红利，进而可能孵化全球化高端茶饮品牌，填补市场空白。奈雪率先登陆资本市场后，将在品牌塑造及资本实力等方面扩大优势，竞争力再度增强。灼识咨询数据显示，截至2020年底，中国高端现制茶饮店数量约为3000-4000间，奈雪门店占比在12.5%-17%之间；同时包含喜茶、乐乐茶及茶颜悦色在内的门店数量合共约1487间，远低于星巴克在中国市场所拥有5000家门店数量。考虑到新消费主力时代，民族自信空前，茶文化拥有更为庞大的受众，无疑存在进一步的门店扩容空间。且值得注意的是，奈雪下一步计划主推奈雪的茶PRO，店铺面积在80-200平。其较标准店而言的市场渗透力更强，复制效率更高，投资回报周期也更短。这样的门店组合或许能够为消费者带来更丰富的体验，利于扩张，使其有望加速抢占中国高端现制茶饮市场的增量。另外的角度来看，大消费领域的品牌大致可分为产品类和服务类两大类别，产品类中最为强大的是能使得消费者形成高粘度消费习惯的品牌。这类产品往往可以让用户留下非常深的体验，为业务持续性和复购率提供保证，且价格敏感度不高，利润表现较好。也是因此，这种消费品牌往往受到资本市场青睐。对中国的消费者来说，烟、酒、茶都是生活中不可缺少的产品，其中产生了大量的这种品牌。酒的典型案例如茅台、五粮液，但茶的典型案例却尚未出现。茶所承载的文化亦需要依靠品牌力量去推动，“新茶饮第一股”的诞生便是绝佳机会，相信第一个茶的典型案例很大可能会是奈雪。4尾声大消费领域的核心机会正是在于，品牌能否构建一个全新的、被新生代人群接受的生活方式。这种新的生活方式体现在两个方面：一是能不能应用到新的科技元素，以使消费者获得更好的产品体验和服务体验；二是能不能创造出一种新的文化元素，以使消费者认同的价值观得到体现。如果能够做到这两点，那么这个品牌就会产生巨大的增量，未来甚至可以风行全球。目前来看，奈雪正在改变年轻人的茶消费习惯，文化创新融合科技时尚驱动着奈雪的持续成长，在公司锋芒初现的全球化商业思维下，奈雪或将成为国际消费市场上，中国茶文化的一张新名片。从一杯传统清茶，到一杯新式茶饮，中国人对茶的喜爱从未改变。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119649115,"gmtCreate":1622545031337,"gmtModify":1704185997029,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119649115","repostId":"1115797550","repostType":4,"repost":{"id":"1115797550","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622542066,"share":"https://ttm.financial/m/news/1115797550?lang=en_US&edition=fundamental","pubTime":"2021-06-01 18:07","market":"us","language":"zh","title":"Earnings Preview: Will Zoom Earnings Beat Estimates for the Ninth Straight Time?","url":"https://stock-news.laohu8.com/highlight/detail?id=1115797550","media":"老虎资讯综合","summary":"Zoom Video Communications（纳斯达克股票代码：ZM）定于 6月 1日星期二收市后公布第一季度收益结果。据seekingalpha报道，一致的每股收益估计为0.98美元，同比增长","content":"<p>Zoom Video Communications (NASDAQ:ZM) is scheduled to report first-quarter earnings results on Tuesday, June 1st, after the market closes.</p><p>According to seekingalpha, the consensus EPS estimate is $0.98, representing a year-over-year increase of 390.0% and the consensus revenue estimate is $907.95 million, representing a year-over-year increase of 176.7%.</p><p>However, investors are likely to be cautiously optimistic about Zoom's earnings for the latest quarter. On the one hand, in the last quarter, the company's revenue and profit exceeded Wall Street's consensus expectations. Even before the outbreak of the pandemic, the company had been producing performance reports that exceeded expectations.</p><p>On the other hand, due to its success in vaccines, the market is beginning to worry about whether Zoom can continue to maintain strong growth in an environment where the pandemic is receding in the United States and some other countries.</p><p>Like many stocks that have benefited from the pandemic, Zoom has been on a downward trend since its peak last fall, when it was the vaccine-related side that brought good news. Despite the sharp pullback, the stock was a winner in the year to May 28: compared to the S&P 500's 41% return, the stock still gained about 103% in that period.</p><p><b>Fiscal Q2 Guidance Will Matter</b></p><p>According to Zoom's management's performance guidance, the company expects Q1 revenue to be in the range of $900-$905 million, and on a median basis, the company expects to grow 175% year over year. Separately, the company expects adjusted earnings per share to be in the range of $0.95-$0.97, representing a year-over-year increase of 380% on a median basis.</p><p>The company will easily achieve a high growth rate of performance compared to the same period last year, when the company's performance was driven by the pandemic for only about a month and a half in the same period last year, when the pandemic forced the closure of several workplaces, schools and entertainment venues in the United States and around the world around mid-March.</p><p>In the last quarter, Zoom's revenue increased by 369% year-on-year to $882.5 million, beating Wall Street's expectation of $811.8 million. Meanwhile, GAAP EPS surged from $0.05 to $0.87 and adjusted EPS surged 713% to $1.22, a result that also beat the analyst consensus estimate of $0.79.</p><p>It is reported that since its IPO in April 2019, Zoom's results in eight quarters have easily exceeded Wall Street's expectations. Therefore, under this momentum, Zoom's fiscal first quarter earnings are expected to continue to maintain the growth trend beyond expectations.</p><p>So Zoom's guidance for its fiscal second quarter will be very important. In fact, any movement in the stock after earnings is likely to depend more on the company's second-quarter guidance than its first-quarter results relative to Wall Street's estimates.</p><p>For the fiscal second quarter, analysts expect the company to post adjusted EPS of $0.94 on revenue of $931.6 million, up 2% and 40% year over year, respectively.</p><p><b>Key highlights from the first quarter</b></p><p>In the upcoming reported quarter, Zoom announced the launch of a $100 million venture Fund, called the Zoom Apps Fund, designed to spur the growth of Zoom's Zoom Apps, integrations, developer platforms, and hardware ecosystem.</p><p>Additionally, during the quarter, Zoom and Formula 1 announced their new extensive multi-year partnership for the upcoming 2021 FIA Formula 1 World Championship and beyond.</p><p>Additionally, in February, Zoom announced the launch of Zoom Rooms, which will help company employees safely re-enter the office and maintain an \"ubiquitous workforce.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings Preview: Will Zoom Earnings Beat Estimates for the Ninth Straight Time?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEarnings Preview: Will Zoom Earnings Beat Estimates for the Ninth Straight Time?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-01 18:07</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Zoom Video Communications (NASDAQ:ZM) is scheduled to report first-quarter earnings results on Tuesday, June 1st, after the market closes.</p><p>According to seekingalpha, the consensus EPS estimate is $0.98, representing a year-over-year increase of 390.0% and the consensus revenue estimate is $907.95 million, representing a year-over-year increase of 176.7%.</p><p>However, investors are likely to be cautiously optimistic about Zoom's earnings for the latest quarter. On the one hand, in the last quarter, the company's revenue and profit exceeded Wall Street's consensus expectations. Even before the outbreak of the pandemic, the company had been producing performance reports that exceeded expectations.</p><p>On the other hand, due to its success in vaccines, the market is beginning to worry about whether Zoom can continue to maintain strong growth in an environment where the pandemic is receding in the United States and some other countries.</p><p>Like many stocks that have benefited from the pandemic, Zoom has been on a downward trend since its peak last fall, when it was the vaccine-related side that brought good news. Despite the sharp pullback, the stock was a winner in the year to May 28: compared to the S&P 500's 41% return, the stock still gained about 103% in that period.</p><p><b>Fiscal Q2 Guidance Will Matter</b></p><p>According to Zoom's management's performance guidance, the company expects Q1 revenue to be in the range of $900-$905 million, and on a median basis, the company expects to grow 175% year over year. Separately, the company expects adjusted earnings per share to be in the range of $0.95-$0.97, representing a year-over-year increase of 380% on a median basis.</p><p>The company will easily achieve a high growth rate of performance compared to the same period last year, when the company's performance was driven by the pandemic for only about a month and a half in the same period last year, when the pandemic forced the closure of several workplaces, schools and entertainment venues in the United States and around the world around mid-March.</p><p>In the last quarter, Zoom's revenue increased by 369% year-on-year to $882.5 million, beating Wall Street's expectation of $811.8 million. Meanwhile, GAAP EPS surged from $0.05 to $0.87 and adjusted EPS surged 713% to $1.22, a result that also beat the analyst consensus estimate of $0.79.</p><p>It is reported that since its IPO in April 2019, Zoom's results in eight quarters have easily exceeded Wall Street's expectations. Therefore, under this momentum, Zoom's fiscal first quarter earnings are expected to continue to maintain the growth trend beyond expectations.</p><p>So Zoom's guidance for its fiscal second quarter will be very important. In fact, any movement in the stock after earnings is likely to depend more on the company's second-quarter guidance than its first-quarter results relative to Wall Street's estimates.</p><p>For the fiscal second quarter, analysts expect the company to post adjusted EPS of $0.94 on revenue of $931.6 million, up 2% and 40% year over year, respectively.</p><p><b>Key highlights from the first quarter</b></p><p>In the upcoming reported quarter, Zoom announced the launch of a $100 million venture Fund, called the Zoom Apps Fund, designed to spur the growth of Zoom's Zoom Apps, integrations, developer platforms, and hardware ecosystem.</p><p>Additionally, during the quarter, Zoom and Formula 1 announced their new extensive multi-year partnership for the upcoming 2021 FIA Formula 1 World Championship and beyond.</p><p>Additionally, in February, Zoom announced the launch of Zoom Rooms, which will help company employees safely re-enter the office and maintain an \"ubiquitous workforce.\"</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4789d612304f16a4e5cca0626bd51170","relate_stocks":{"ZM":"Zoom"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115797550","content_text":"Zoom Video Communications（纳斯达克股票代码：ZM）定于 6月 1日星期二收市后公布第一季度收益结果。据seekingalpha报道，一致的每股收益估计为0.98美元，同比增长 390.0%，一致的收入估计为 9.0795亿美元，同比增长 176.7%。然而，投资者可能会对Zoom最新一季的财报持谨慎乐观态度。一方面，在上个季度，该公司营收及利润均超出了华尔街的普遍预期，甚至在疫情爆发前，该公司就已经不断拿出超出预期的业绩报告。另一方面，由于在疫苗方面取得的成功，美国和其他部分国家疫情正在消退的环境下，市场开始担心Zoom能否继续保持强劲增长。和许多受益疫情的股票一样，自去年秋季见顶以来，Zoom的股价一直呈现下跌趋势，而当时正是疫苗相关方面传出了好消息。尽管股价大幅回落，但在截至5月28日的一年时间里，该股仍是赢家：与标普500指数41%的回报率相比，该股在该期间的涨幅仍然达到了约103%。第二财季的指引将非常重要根据Zoom管理层的业绩指引，该公司预期Q1营收将在9-9.05亿美元之间，按中位数计算，该公司预计同比增长175%。另外，该公司预期调整后每股收益将在0.95-0.97美元之间，按中位数计算，则同比增长380%。与上年同期的数值相比，该公司将轻松取得高增长率的业绩表现，因为在上年同期，该公司业绩仅有约一个半月的时间受到了疫情的推动，当时大约3月中旬的时候，疫情迫使美国和世界各地的多处工作场所、学校和娱乐场所关闭停业。而在上个季度，Zoom营收同比增长了369%，达到8.825亿美元，超出了华尔街预期的8.118亿美元。同时，GAAP每股收益从0.05美元飙升至0.87美元，调整后每股收益飙升713%至1.22美元，这一结果也超出了分析师普遍预期的0.79美元。据悉，自2019年4月IPO以来，Zoom八个季度所公布的业绩均轻松超出了华尔街的预期。因此，在此势头下，Zoom第一财季财报有望继续保持超预期的增长趋势。因此 Zoom对其第二财季的指导将非常重要。事实上，相对于华尔街的估计，收益公布后股票的任何变动都可能更多地取决于公司第二季度的指导而不是第一季度的业绩。对于第二财季，分析师预计该公司的调整后每股收益为 0.94美元，收入为 9.316亿美元，同比分别增长 2%和 40%。第一季度的主要亮点在即将报告的季度中，Zoom宣布成立1亿美元的风险基金，名为 Zoom Apps Fund，旨在刺激 Zoom的 Zoom Apps、集成、开发者平台和硬件生态系统的增长。此外，在本季度，Zoom和一级方程式赛车宣布，他们在即将到来的 2021年国际汽联一级方程式世界锦标赛及以后的赛季中建立了新的广泛的多年合作伙伴关系。此外，在 2月份，Zoom宣布推出 Zoom Rooms，这将帮助公司员工安全地重新进入办公室并维持“无处不在的劳动力”。","news_type":1,"symbols_score_info":{"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":3373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130380526,"gmtCreate":1621512805365,"gmtModify":1704358827593,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"R.I.P","listText":"R.I.P","text":"R.I.P","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130380526","repostId":"1172260099","repostType":4,"repost":{"id":"1172260099","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621496381,"share":"https://ttm.financial/m/news/1172260099?lang=en_US&edition=fundamental","pubTime":"2021-05-20 15:39","market":"us","language":"zh","title":"Shell: Founder and Chairman Zuo Hui died of illness","url":"https://stock-news.laohu8.com/highlight/detail?id=1172260099","media":"老虎资讯综合","summary":"5月20日，贝壳找房发布消息，公司创始人兼董事长左晖先生因疾病意外恶化于2021年5月20日去世。公司董事会将就公司治理和相关事宜做出适当安排，并在两周内适时发布公告。从链家到贝壳，极其有幸和左晖一起共事，一起奋斗拼搏，一起推动行业进步的我们，失去了一位亲密的伙伴和智慧的师长。","content":"<p>On May 20, Shell House Search announced that Mr. Zuo Hui, the founder and chairman of the company, died on May 20, 2021 due to the unexpected deterioration of his illness. The Board of Directors of the Company will make appropriate arrangements on corporate governance and related matters and make timely announcements within two weeks.</p><p><img src=\"https://static.tigerbbs.com/1886ae2338974634f6267e1c9b360096\" tg-width=\"640\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p>Shell's obituary said that today is extremely sad. Zuo Hui, the founder and chairman of Shell, left us due to illness. Shell has lost a founder who laid our cause and mission, and the residential industry has lost a leader who is always exploring and innovating. From chain home to shell, we are extremely lucky to work with Zuo Hui, struggle together, and promote the progress of the industry together. We have lost a close partner and wise teacher. Zuo Hui once said: The fate of business operators in our era is to do the hard work and tiring work behind fireworks to really improve the quality of basic services.</p><p>Zuo Hui's spirit will always inspire us to persist in doing the difficult and correct things!</p><p><img src=\"https://static.tigerbbs.com/ab94dc391d8c1ff12ecf74980aa76d1b\" tg-width=\"620\" tg-height=\"760\" referrerpolicy=\"no-referrer\">Zuo Hui's Biography</p><p>Zuo Hui, born in January 1971, holds a master's degree. He is the chairman of Chain Home, vice president of China Association of Real Estate Appraisers and Real Estate Agents, vice president of Beijing Real Estate Intermediary Industry Association and vice president of All-Union Real Estate Chamber of Commerce. Founded Chain Home in 2001. Under the leadership of Zuo Hui, Chain Home has been committed to leading the healthy and standardized development of China's real estate service industry.</p><p>The resume is as follows:</p><p>1. 1988-1992-Junior College in Computer Science and Applications, Department of Computer Science, Beijing Institute of Chemical Technology (now Beijing University of Chemical Technology)</p><p>1995-1999-General Manager of Beijing Tianchi Business Center</p><p>3. 2006-2008-EMBA, Peking University</p><p>On 27 November 2017, he was elected as a standing committee member of the 12th Executive Committee of the All-China Federation of Industry and Commerce</p><p>5. 2001-present-Chairman of Lianjia</p><p>Beijing Lianjia Real Estate Brokerage Co., Ltd.:</p><p>Beijing Lianjia Real Estate Brokerage Co., Ltd. was founded on November 12th, 2001, and its chairman is Zuo Hui. Lianjia Real Estate is a comprehensive real estate service body with national development with real estate intermediary business as its core. Its system includes three parts: real estate, finance and commerce, and its business scope involves the whole process of housing agency, housing leasing, housing sales, luxury housing sales, listing and trading of \"central production housing\", warrant handling, mortgage loan, real estate investment consulting, shop sales, office building sales, commercial housing, vacant housing, enterprise creditor's house sales agency, etc. The company is determined to become a domestic leader in residential real estate brokerage, financial mortgage services and commercial real estate services. On September 28th, 2015, Chain Home announced that it had reached a strategic cooperation with Dalian Haomongkok Housing Brokerage Co., Ltd. On February 1, 2016, Lianjia signed a strategic cooperation agreement with SOHO China, whereby Lianjia provides in-depth services such as house sales and leasing to the owners of SOHO China's properties. In February 2016, Chain Home stopped the down payment loan for new houses.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shell: Founder and Chairman Zuo Hui died of illness</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShell: Founder and Chairman Zuo Hui died of illness\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-20 15:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 20, Shell House Search announced that Mr. Zuo Hui, the founder and chairman of the company, died on May 20, 2021 due to the unexpected deterioration of his illness. The Board of Directors of the Company will make appropriate arrangements on corporate governance and related matters and make timely announcements within two weeks.</p><p><img src=\"https://static.tigerbbs.com/1886ae2338974634f6267e1c9b360096\" tg-width=\"640\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p>Shell's obituary said that today is extremely sad. Zuo Hui, the founder and chairman of Shell, left us due to illness. Shell has lost a founder who laid our cause and mission, and the residential industry has lost a leader who is always exploring and innovating. From chain home to shell, we are extremely lucky to work with Zuo Hui, struggle together, and promote the progress of the industry together. We have lost a close partner and wise teacher. Zuo Hui once said: The fate of business operators in our era is to do the hard work and tiring work behind fireworks to really improve the quality of basic services.</p><p>Zuo Hui's spirit will always inspire us to persist in doing the difficult and correct things!</p><p><img src=\"https://static.tigerbbs.com/ab94dc391d8c1ff12ecf74980aa76d1b\" tg-width=\"620\" tg-height=\"760\" referrerpolicy=\"no-referrer\">Zuo Hui's Biography</p><p>Zuo Hui, born in January 1971, holds a master's degree. He is the chairman of Chain Home, vice president of China Association of Real Estate Appraisers and Real Estate Agents, vice president of Beijing Real Estate Intermediary Industry Association and vice president of All-Union Real Estate Chamber of Commerce. Founded Chain Home in 2001. Under the leadership of Zuo Hui, Chain Home has been committed to leading the healthy and standardized development of China's real estate service industry.</p><p>The resume is as follows:</p><p>1. 1988-1992-Junior College in Computer Science and Applications, Department of Computer Science, Beijing Institute of Chemical Technology (now Beijing University of Chemical Technology)</p><p>1995-1999-General Manager of Beijing Tianchi Business Center</p><p>3. 2006-2008-EMBA, Peking University</p><p>On 27 November 2017, he was elected as a standing committee member of the 12th Executive Committee of the All-China Federation of Industry and Commerce</p><p>5. 2001-present-Chairman of Lianjia</p><p>Beijing Lianjia Real Estate Brokerage Co., Ltd.:</p><p>Beijing Lianjia Real Estate Brokerage Co., Ltd. was founded on November 12th, 2001, and its chairman is Zuo Hui. Lianjia Real Estate is a comprehensive real estate service body with national development with real estate intermediary business as its core. Its system includes three parts: real estate, finance and commerce, and its business scope involves the whole process of housing agency, housing leasing, housing sales, luxury housing sales, listing and trading of \"central production housing\", warrant handling, mortgage loan, real estate investment consulting, shop sales, office building sales, commercial housing, vacant housing, enterprise creditor's house sales agency, etc. The company is determined to become a domestic leader in residential real estate brokerage, financial mortgage services and commercial real estate services. On September 28th, 2015, Chain Home announced that it had reached a strategic cooperation with Dalian Haomongkok Housing Brokerage Co., Ltd. On February 1, 2016, Lianjia signed a strategic cooperation agreement with SOHO China, whereby Lianjia provides in-depth services such as house sales and leasing to the owners of SOHO China's properties. In February 2016, Chain Home stopped the down payment loan for new houses.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/37adeafc342b03229d3f36a86537a885","relate_stocks":{"BEKE":"贝壳"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172260099","content_text":"5月20日，贝壳找房发布消息，公司创始人兼董事长左晖先生因疾病意外恶化于2021年5月20日去世。公司董事会将就公司治理和相关事宜做出适当安排，并在两周内适时发布公告。贝壳找房讣告称，今天万分难过，贝壳创始人、董事长左晖因病离开了我们。贝壳失去了一位奠定我们事业和使命的创始者，居住产业失去了一位始终在探索和创新的引领者。从链家到贝壳，极其有幸和左晖一起共事，一起奋斗拼搏，一起推动行业进步的我们，失去了一位亲密的伙伴和智慧的师长。左晖曾经讲过：我们这个时代企业经营者的宿命，就是要去干烟花背后的真正提升基础服务品质的苦活、累活。左晖的精神永远激励我们，坚持做难而正确的事！左晖个人履历左晖，1971年1月生，硕士学历，链家董事长、中国房地产估价师与房地产经纪人学会副会长、北京市房地产中介行业协会副会长、全联房地产商会副会长。2001年创办链家。在左晖的带领下，链家一直致力于引领中国房地产服务行业健康规范发展。履历如下：1、1988-1992年——北京化工学院（现北京化工大学） 计算机系 计算机及应用专业 大专2、1995-1999年——北京天持商贸中心 总经理3、2006-2008年——北京大学EMBA 硕士4、2017年11月27日，当选全国工商联第十二届执行委员会常务委员5、2001年至今——链家董事长北京链家房地产经纪有限公司：京链家房地产经纪有限公司创立于2001年11月12日，董事长为左晖，链家地产是以地产中介业务为核心全国化发展的房地产综合服务体。其体系内囊括地产、金融和商业三个部分，业务范围涉及房屋全程代理、房屋租赁、房屋买卖、豪宅租售、\" 央产房 \" 上市交易、权证办理、按揭贷款、房地产投资咨询、商铺租售、写字楼租售及商品房、空置房、企业债权房销售代理等。公司立志成为国内在住宅地产经纪、金融按揭服务和商业地产服务方面的领跑者。2015年9月28日，链家宣布与大连好旺角房屋经纪有限公司达成战略合作。2016年2月1日，链家与SOHO中国签署战略合作协议，链家为 SOHO中国旗下物业的业主提供房屋出售及出租等深化服务。2016年2月，链家已停止新房首付贷。","news_type":1,"symbols_score_info":{"BEKE":0.9}},"isVote":1,"tweetType":1,"viewCount":2411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192866408,"gmtCreate":1621178969304,"gmtModify":1704353661144,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192866408","repostId":"2135598119","repostType":4,"isVote":1,"tweetType":1,"viewCount":3131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191788749,"gmtCreate":1620908014381,"gmtModify":1704350247042,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191788749","repostId":"1195138527","repostType":4,"repost":{"id":"1195138527","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620904679,"share":"https://ttm.financial/m/news/1195138527?lang=en_US&edition=fundamental","pubTime":"2021-05-13 19:17","market":"hk","language":"zh","title":"Alibaba Earnings Report: First Quarterly Loss, Full Year GMV Record","url":"https://stock-news.laohu8.com/highlight/detail?id=1195138527","media":"老虎资讯综合","summary":"5月13日，$阿里巴巴$集团发布2021财年四季度及全年财报。·里程碑：2021全财年全球年度活跃消费者达10亿，阿里巴巴生态体系GMV达到8.119万亿元人民币。中国零售市场表现稳健，四季度淘宝GMV增长加快，淘宝直播财年GMV超5000亿元。·公司季度经营亏损76.63亿，为阿里上市以来的首次季度亏损，公司称这主要受反垄断调查的罚款影响。阿里巴巴首席财务官武卫︰我们在2021财年的收入超过了年度收入指引，实现了同比32%的强劲增长。","content":"<p>May 13,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>The Group released its fourth quarter and full year financial report for fiscal year 2021.</p><p><b>general situation</b></p><p>·<b>Milestone: Global annual active consumers reached 1 billion in FY2021, and the GMV of Alibaba ecosystem reached 8.119 trillion yuan</b>。</p><p>· Annual active consumers in China's retail market were 811 million, representing an increase of 85 million over the 12 months ended March 31, 2020. China's retail market performed steadily, with the growth of Taobao's GMV accelerating in the fourth quarter, and the GMV of Taobao Live in the fiscal year exceeded 500 billion yuan.</p><p><img src=\"https://static.tigerbbs.com/7221fbd8f9f1f9dbb68fbfe8c1afb2b7\" tg-width=\"800\" tg-height=\"181\" referrerpolicy=\"no-referrer\"></p><p>· Multi-engine driven growth is obvious: rookie continues to grow at a high rate, with an increase of 68% in the whole fiscal year; The revenue of cloud computing business in the whole fiscal year increased by 50% year-on-year to 60.12 billion yuan, maintaining the previous steady and rising development momentum.</p><p>· The company's quarterly operating loss of 7.663 billion yuan was the first quarterly loss since Ali's listing, which the company said was mainly affected by fines from antitrust investigations.</p><p><b>KEY FINANCIAL POSITION</b></p><p><b>Fourth Quarter of Fiscal 2021 (January-March 2021)</b></p><p><ul><li>Revenue:<b>RMB187,395 million, representing a year-on-year increase of 64%</b>； Expected: 178.180 billion yuan.</li><li>Excluding the impact of the merger of Sun Art Retail, revenue amounted to RMB159,952 million (US$24,413 million), representing a year-on-year increase of 40%.</li><li><b>Alibaba's operating loss for the quarter was RMB7,663 million (US$1,170 million), primarily due to a fine of RMB18,228 million (US$2,782 million) imposed by the State Administration for Market Regulation in connection with China's antitrust law</b>。 Excluding this one-off impact, our operating profit was RMB10,565 million (US$1,612 million), representing a year-over-year increase of 48%.</li></ul><img src=\"https://static.tigerbbs.com/813b554fe1d8b36f4724739911d359db\" tg-width=\"800\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p><p><b>Full year of FY2021 (ended 31 March 2021)</b></p><p><ul><li>Revenue:<b>RMB717,289 million, representing a year-on-year increase of 41%</b>； Expected: 709.233 billion yuan.</li><li>Excluding the impact of the merger of Sun Art Retail beginning in October 2020, revenue would be RMB674,420 million (US$102,937 million), representing a year-on-year increase of 32%.</li><li>Net income attributable to shareholders for fiscal 2021 was RMB150,308 million (US$22,941 million) and net income was RMB143,284 million (US$21,869 million).</li><li>Excluding certain items such as antitrust law fines and Ant Group's related equity incentive expenses, non-GAAP net profit was RMB171.985 billion (US$26.25 billion), representing a year-on-year increase of 30%.</li><li>Earnings per share for fiscal 2021 were RMB54.7, compared with market expectations of RMB58.51 and RMB55.93 for the same period last year.</li></ul><img src=\"https://static.tigerbbs.com/363f43691583bf8ca183754ec49cdd3b\" tg-width=\"800\" tg-height=\"562\" referrerpolicy=\"no-referrer\"></p><p><b>Executive Interpretation</b></p><p>Zhang Yong, Chairman and CEO of Alibaba: We are full of expectations for China's consumption-driven economic growth. We will continue to focus on user experience and create customer value through innovation, so as to fulfill our mission of making business easy in the digital age. Alibaba Group reached the historic milestone of 1 billion annual active consumers worldwide in fiscal 2021. Our overall business has grown strongly on a healthy basis, and the Alibaba ecosystem has also achieved a new record GMV of US$1.2 trillion this fiscal year.</p><p>Wu Wei, Alibaba Chief Financial Officer: Our revenue in fiscal 2021 exceeded the annual revenue guidance, delivering strong year-over-year growth of 32% (excluding the newly acquired Sun Art Retail consolidation). This was driven by the strong performance of our core businesses and the continued growth of Alibaba Cloud.</p><p><img src=\"https://static.tigerbbs.com/572fe970d9ce420ef138b95fdca1c20d\" tg-width=\"550\" tg-height=\"2667\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Earnings Report: First Quarterly Loss, Full Year GMV Record</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Earnings Report: First Quarterly Loss, Full Year GMV Record\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-13 19:17</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>May 13,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>The Group released its fourth quarter and full year financial report for fiscal year 2021.</p><p><b>general situation</b></p><p>·<b>Milestone: Global annual active consumers reached 1 billion in FY2021, and the GMV of Alibaba ecosystem reached 8.119 trillion yuan</b>。</p><p>· Annual active consumers in China's retail market were 811 million, representing an increase of 85 million over the 12 months ended March 31, 2020. China's retail market performed steadily, with the growth of Taobao's GMV accelerating in the fourth quarter, and the GMV of Taobao Live in the fiscal year exceeded 500 billion yuan.</p><p><img src=\"https://static.tigerbbs.com/7221fbd8f9f1f9dbb68fbfe8c1afb2b7\" tg-width=\"800\" tg-height=\"181\" referrerpolicy=\"no-referrer\"></p><p>· Multi-engine driven growth is obvious: rookie continues to grow at a high rate, with an increase of 68% in the whole fiscal year; The revenue of cloud computing business in the whole fiscal year increased by 50% year-on-year to 60.12 billion yuan, maintaining the previous steady and rising development momentum.</p><p>· The company's quarterly operating loss of 7.663 billion yuan was the first quarterly loss since Ali's listing, which the company said was mainly affected by fines from antitrust investigations.</p><p><b>KEY FINANCIAL POSITION</b></p><p><b>Fourth Quarter of Fiscal 2021 (January-March 2021)</b></p><p><ul><li>Revenue:<b>RMB187,395 million, representing a year-on-year increase of 64%</b>； Expected: 178.180 billion yuan.</li><li>Excluding the impact of the merger of Sun Art Retail, revenue amounted to RMB159,952 million (US$24,413 million), representing a year-on-year increase of 40%.</li><li><b>Alibaba's operating loss for the quarter was RMB7,663 million (US$1,170 million), primarily due to a fine of RMB18,228 million (US$2,782 million) imposed by the State Administration for Market Regulation in connection with China's antitrust law</b>。 Excluding this one-off impact, our operating profit was RMB10,565 million (US$1,612 million), representing a year-over-year increase of 48%.</li></ul><img src=\"https://static.tigerbbs.com/813b554fe1d8b36f4724739911d359db\" tg-width=\"800\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p><p><b>Full year of FY2021 (ended 31 March 2021)</b></p><p><ul><li>Revenue:<b>RMB717,289 million, representing a year-on-year increase of 41%</b>； Expected: 709.233 billion yuan.</li><li>Excluding the impact of the merger of Sun Art Retail beginning in October 2020, revenue would be RMB674,420 million (US$102,937 million), representing a year-on-year increase of 32%.</li><li>Net income attributable to shareholders for fiscal 2021 was RMB150,308 million (US$22,941 million) and net income was RMB143,284 million (US$21,869 million).</li><li>Excluding certain items such as antitrust law fines and Ant Group's related equity incentive expenses, non-GAAP net profit was RMB171.985 billion (US$26.25 billion), representing a year-on-year increase of 30%.</li><li>Earnings per share for fiscal 2021 were RMB54.7, compared with market expectations of RMB58.51 and RMB55.93 for the same period last year.</li></ul><img src=\"https://static.tigerbbs.com/363f43691583bf8ca183754ec49cdd3b\" tg-width=\"800\" tg-height=\"562\" referrerpolicy=\"no-referrer\"></p><p><b>Executive Interpretation</b></p><p>Zhang Yong, Chairman and CEO of Alibaba: We are full of expectations for China's consumption-driven economic growth. We will continue to focus on user experience and create customer value through innovation, so as to fulfill our mission of making business easy in the digital age. Alibaba Group reached the historic milestone of 1 billion annual active consumers worldwide in fiscal 2021. Our overall business has grown strongly on a healthy basis, and the Alibaba ecosystem has also achieved a new record GMV of US$1.2 trillion this fiscal year.</p><p>Wu Wei, Alibaba Chief Financial Officer: Our revenue in fiscal 2021 exceeded the annual revenue guidance, delivering strong year-over-year growth of 32% (excluding the newly acquired Sun Art Retail consolidation). This was driven by the strong performance of our core businesses and the continued growth of Alibaba Cloud.</p><p><img src=\"https://static.tigerbbs.com/572fe970d9ce420ef138b95fdca1c20d\" tg-width=\"550\" tg-height=\"2667\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d752152b73947ff2f4b1c08ab9eecc39","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195138527","content_text":"5月13日，阿里巴巴集团发布2021财年四季度及全年财报。概况·里程碑：2021全财年全球年度活跃消费者达10亿，阿里巴巴生态体系GMV达到8.119万亿元人民币。·中国零售市场年度活跃消费者为8.11亿，较截至2020年3月31日止12个月增加8,500万。中国零售市场表现稳健，四季度淘宝GMV增长加快，淘宝直播财年GMV超5000亿元。·多引擎驱动增长明显：菜鸟持续高增长，全财年增长68%；云计算业务全财年收入同比增长50%，达到601.2亿元，维持此前稳中有升的发展势头。·公司季度经营亏损76.63亿，为阿里上市以来的首次季度亏损，公司称这主要受反垄断调查的罚款影响。主要财务情况2021财年四季度（2021年1月-3月）营收：人民币1873.95亿元，同比增长64%；预期：1781.80亿元。若不考虑合并高鑫零售的影响，收入为人民币1,599.52亿元（244.13亿美元），将同比增长40%。阿里巴巴本季度经营亏损为人民币76.63亿元（11.70亿美元），主要由于国家市场监督管理总局就中国反垄断法处以罚款人民币182.28亿元（27.82亿美元）。剔除该一次性影响，我们的经营利润为人民币105.65亿元（16.12亿美元），同比增长48%。2021财年全年（截至2021年3月31日止）营收：人民币7172.89亿元，同比增长41%；预期：7092.33亿元。若不考虑自2020年10月开始合并高鑫零售的影响，则收入为人民币6,744.20亿元（1,029.37亿美元），将同比增长32%。2021财年归属股东净利润为人民币1503.08亿元（229.41亿美元），净利润为人民币1432.84亿元（218.69亿美元）。剔除反垄断法罚款及蚂蚁集团相关股权激励费用等若干项目，non-GAAP净利润为人民币1719.85亿元（262.5亿美元），同比增长30%。2021财年每股盈利人民币54.7元，市场预期58.51元，去年同期55.93元。高管解读阿里巴巴董事会主席兼首席执行官张勇：我们对中国消费驱动的经济增长充满期待。我们将继续聚焦用户体验，专注于通过创新创造客户价值，从而实践在数字时代让天下没有难做的生意之使命。阿里巴巴集团于2021财年达到了全球年度活跃消费者10亿的历史性里程碑。我们的整体业务在健康的基础上强劲增长，阿里巴巴生态体系于本财年也实现了1.2万亿美元GMV的新纪录。阿里巴巴首席财务官武卫︰我们在2021财年的收入超过了年度收入指引，实现了同比32%的强劲增长（不含新收购的高鑫零售并表）。这是由于我们核心商业的强劲表现及阿里云的持续增长所推动。","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":2037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106913272,"gmtCreate":1620083773396,"gmtModify":1704338261914,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Buy? Sell? Or hold?","listText":"Buy? Sell? Or hold?","text":"Buy? Sell? Or hold?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106913272","repostId":"2132595889","repostType":2,"isVote":1,"tweetType":1,"viewCount":1825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371405145,"gmtCreate":1618964144887,"gmtModify":1704717502296,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"OMG!","listText":"OMG!","text":"OMG!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371405145","repostId":"1106533725","repostType":4,"repost":{"id":"1106533725","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618963020,"share":"https://ttm.financial/m/news/1106533725?lang=en_US&edition=fundamental","pubTime":"2021-04-21 07:57","market":"sh","language":"zh","title":"Last Night This Morning: European and American stocks closed lower across the board as pandemic fears returned","url":"https://stock-news.laohu8.com/highlight/detail?id=1106533725","media":"老虎资讯综合","summary":"摘要：美股全线收跌，纳指跌近1% ，新冠疫情担忧卷土重来，美油大幅收跌1.5％。鲍威尔表示，美国今年通胀可能会偏高，但美联储有能力应对。日本或将再宣布 4 个县进入准紧急状态。推荐相关：一文看懂苹果春","content":"<p>Abstract:</p><p>U.S. stocks closed down across the board, with the Nasdaq falling nearly 1%. Worries about the COVID-19 epidemic returned, and U.S. oil closed down sharply by 1.5%. Powell said U.S. inflation could be on the high side this year, but the Fed is in a position to handle it. Japan may declare four more prefectures into a quasi-emergency state. Recommendation related:<a href=\"https://laohu8.com/NW/1178739590\" target=\"_blank\">One article understands Apple's spring conference, not only purple iPhone12</a></p><p>Overseas markets</p><p>1. The three major U.S. stock indexes closed down on Tuesday, recording two consecutive losses for the first time this month, and the Nasdaq fell nearly 1%</p><p>U.S. stocks closed lower on Tuesday, with major indexes falling for the second straight trading day. Strong corporate earnings failed to boost U.S. stocks, which were already near record highs, to continue to rise. The alarming increase in COVID-19 cases worldwide and the high number of daily new infections in the United States have raised concerns about the prospect of economic recovery. By the close, the Nasdaq was down 0.92%, the Dow was down 0.75% and the S&P 500 was down 0.68%.</p><p>2. Most popular Chinese stocks closed lower on Tuesday. Xunniao Software's IPO rose by more than 50% on the first day</p><p>Most of the popular stocks fell, and Xunniao Software rose by 50% on the first day of listing.<a href=\"https://laohu8.com/S/KXIN\">Happy car</a>down 11.4%.<a href=\"https://laohu8.com/S/JD\">Jingdong</a>It fell by more than 3%,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It fell by more than 2%.</p><p>3. Fear of the COVID-19 epidemic returned, European stocks closed down across the board on Tuesday</p><p>The three major European stock indexes closed down across the board, with France's CAC40 index falling 2.09%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index fell 2%, while Germany's DAX fell 1.55%. Europe's Stoxx 600 index fell 2%, its biggest one-day drop since December.</p><p>4. The epidemic situation in India has deepened sharply, pushing US oil to close down by 1.5%! Markets await U.S. inventory data</p><p>The deterioration of the epidemic situation in many places aggravated market worries, causing the two oil companies to turn down in intraday sessions. Finally, WTIMay crude oil futures closed down $0.94, or 1.48%, at $62.44/barrel. Brent June crude oil futures closed down $0.48, or 0.71%, at $66.57/barrel.</p><p>5. The yield of U.S. bonds continued to fall, pushing the price of gold to close up 0.4%</p><p>Gold futures prices closed slightly higher on Tuesday, boosted by a weaker dollar and a retreat in U.S. Treasury Bond yields. Gold futures for June delivery rose $7.80, or 0.4%, to settle at $1,778.40 an ounce on the New York Mercantile Exchange, after the contract closed down 0.5% in Monday's trading.</p><p>International macro</p><p>1、<a href=\"https://laohu8.com/NW/2129828861\" target=\"_blank\">Powell: U.S. inflation may be on the high side this year but the Fed is capable of handling it</a></p><p>According to reports, Florida Republican Senator Rick Scott sent a letter to Federal Reserve Chairman Powell in March this year. Scott expressed his concern about rising inflation in the letter. Powell replied on April 8th, and the specific content of the letter was announced on April 20th, local time.</p><p>2、<a href=\"https://laohu8.com/NW/2129828371\" target=\"_blank\">Indian Prime Minister Narendra Modi: No national lockdown in response to the second wave of COVID-19</a></p><p>Indian Prime Minister Narendra Modi said in a televised speech on the evening of 20th that India is currently fighting the second wave of the new crown epidemic, but it will not impose a nationwide lockdown.</p><p>3、<a href=\"https://laohu8.com/NW/2127316043\" target=\"_blank\">Powell: Most Members of the Fed Think rate hike Will Not Be Possible Until 2024</a></p><p>Federal Reserve Chairman Powell sent a letter to U.S. Senator Rick Scott saying: Given that labor force penetration is lower than the level before the outbreak of COVID-19, the U.S. unemployment rate is expected to underestimate the employment gap problem.</p><p>4、<a href=\"https://laohu8.com/NW/1149371981\" target=\"_blank\">Big Short Schiff: U.S. Treasury Bond is a \"Ponzi scheme\" and inflation will cost investors their money</a></p><p>Peter Schiff, a famous financial critic and investor, believes that the financing of Treasury Bond in the United States is actually a huge Ponzi scheme.</p><p>5. The market value of Dogecoin reached more than $50 billion<a href=\"https://laohu8.com/S/F\">Ford Motor</a>And<a href=\"https://laohu8.com/S/KHC\">Kraft Heinz</a></p><p>It was treated as a joke when it was created, but Dogecoin is now not to be underestimated. According to CoinMarketCap.com, after a 400% rise over the past week, the total market cap of Dogecoin reached about $50 billion.</p><p>6、<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>shell<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Salary system, the basic salary of Buffett's two successors has been the top in the United States</p><p>Institutional Shareholder Services of America, Inc. (<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>) advised investors not to vote for Warren Buffett's<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Four directors of Berkshire Hathaway to denounce the company's executive compensation policy.</p><p>7. With a 400% surge in a week, where will Dogecoin go? Veteran Trader: It's likely to cease to exist</p><p>Dogecoin faithful have declared April 20 \"Doge Day,\" but on Wall Street, having a Day of your own does not guarantee its legitimacy or its sustainable viability.</p><p>8. Billionaire Novograz: Dogecoin and Bitcoin are both soaring, but there are essential differences</p><p>Well-known cryptocurrency bull Mike Novogratz highlighted Tuesday that while both Bitcoin and Dogecoin have seen strong gains this year, their designs and risk profiles are very different.</p><p>9. US President Joe Biden plans to announce a new carbon emission target this week. Biden plans to reduce (carbon) emissions by at least half by 2030.</p><p>President Joe Biden plans to announce new carbon emissions targets this week, with Biden planning to cut (carbon) emissions by at least half by 2030.</p><p>10. Japan may declare four more prefectures into a quasi-emergency Outside: Can the Olympic Games still be held?</p><p>Japan will announce the expansion of a quasi-emergency to 10 regions on the 16th as the fourth wave of COVID-19 spreads, raising doubts about whether the Tokyo Olympics will be held smoothly, Reuters reported.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2129840686\" target=\"_blank\">Tesla's Supply Chain Orders Hint: 1 Million Vehicle Sales Target for 2021</a></p><p>Although<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It's been tight-lipped about actual vehicle production and delivery targets for 2021, but updates to the company's supply chain suggest the EV maker is targeting an incredible number. According to recent reports from some of Tesla's suppliers, the company appears to be aiming to reach 1 million vehicles in 2021.</p><p>2、<a href=\"https://laohu8.com/NW/2129182822\" target=\"_blank\">Apple Spring Launch Launches AirTag, Colorful iMac and Other Products Shares Closed More than 1%</a></p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>Shares closed down 1.28% at $133.11 on Tuesday, after an intraday drop of more than 2% at one point. This comes after the company held its 2021 spring event, launching a new generation of iMac all-in-one computers, iPad Pro tablets, AirTag tracker accessories and more.</p><p>3、<a href=\"https://laohu8.com/NW/2129231758\" target=\"_blank\">Another one! International daily chemical giant Procter & Gamble will raise the prices of its products in September</a></p><p>International daily chemical giant<a href=\"https://laohu8.com/S/PG\">P&G</a>Companies will start raising prices for everyday items from diapers to tampons this fall. Procter & Gamble is the latest consumer goods company to announce price increases and the largest.</p><p>4、<a href=\"https://laohu8.com/NW/2129840945\" target=\"_blank\">PayPal is backing up cryptocurrency again! Its APP announces support for Bitcoin buying and selling transactions</a></p><p>Payment service providers<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>Its mobile payment app Venmo has announced that it will now allow users to buy, hold and sell Bitcoin and other digital currencies, in what could be an important step towards mainstream recognition for cryptocurrencies.</p><p>5、<a href=\"https://laohu8.com/NW/1115044994\" target=\"_blank\">Netflix's first-quarter results exceeded expectations, but new users were far less than expected! Plunged more than 10% after hours</a></p><p>Netflix (NASDAQ:NFLX), the streaming video service giant, reported its first quarter fiscal 2021 earnings after the US stock market closed on Tuesday (early Wednesday morning Beijing time). According to this financial report, Netflix's revenue in the first quarter was $7.163 billion, an increase of 24.2% compared with $5.768 billion in the same period last year, exceeding analysts' expectations of $7.14 billion; Net income was $1.707 billion, up 141% from $709 million in the same period last year; Diluted earnings per share were $3.75, up from $1.57 in the year-ago quarter and beating analysts' estimates of $2.98.</p><p>6、<a href=\"https://laohu8.com/NW/1139975816\" target=\"_blank\">Sources say Zuoyebang is considering US IPO to raise at least $500 million</a></p><p>According to sources familiar with the matter, Chinese online tutoring platform Zuoyebang is considering a US IPO (initial public offering) that could raise at least $500m.</p><p>7、<a href=\"https://laohu8.com/NW/2129828423\" target=\"_blank\">Xunniao Software landed on Nasdaq IPO on the first day soared more than 50%</a></p><p>Beijing Customer Service<a href=\"https://laohu8.com/S/300024\">Robot</a>The company Infobird, which landed on the Nasdaq on Tuesday under the ticker symbol IFBD, opened up 75% at $7 on the first day of its IPO, and the IPO offering price was $4 per ADS. At the close, the company's shares were trading at $6.03, or 50.75%.</p><p>8、<a href=\"https://laohu8.com/NW/2129584726\" target=\"_blank\">Boeing closed down more than 4% after it announced it extended CEO Calhoun's retirement age to 70</a></p><p>Dave Calhoun is<a href=\"https://laohu8.com/S/BA\">boeing</a>CEO of the worst year the company has ever had, but will now confirm his retention in an attempt to lead the aerospace giant's rebound for the foreseeable future.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last Night This Morning: European and American stocks closed lower across the board as pandemic fears returned</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast Night This Morning: European and American stocks closed lower across the board as pandemic fears returned\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-21 07:57</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Abstract:</p><p>U.S. stocks closed down across the board, with the Nasdaq falling nearly 1%. Worries about the COVID-19 epidemic returned, and U.S. oil closed down sharply by 1.5%. Powell said U.S. inflation could be on the high side this year, but the Fed is in a position to handle it. Japan may declare four more prefectures into a quasi-emergency state. Recommendation related:<a href=\"https://laohu8.com/NW/1178739590\" target=\"_blank\">One article understands Apple's spring conference, not only purple iPhone12</a></p><p>Overseas markets</p><p>1. The three major U.S. stock indexes closed down on Tuesday, recording two consecutive losses for the first time this month, and the Nasdaq fell nearly 1%</p><p>U.S. stocks closed lower on Tuesday, with major indexes falling for the second straight trading day. Strong corporate earnings failed to boost U.S. stocks, which were already near record highs, to continue to rise. The alarming increase in COVID-19 cases worldwide and the high number of daily new infections in the United States have raised concerns about the prospect of economic recovery. By the close, the Nasdaq was down 0.92%, the Dow was down 0.75% and the S&P 500 was down 0.68%.</p><p>2. Most popular Chinese stocks closed lower on Tuesday. Xunniao Software's IPO rose by more than 50% on the first day</p><p>Most of the popular stocks fell, and Xunniao Software rose by 50% on the first day of listing.<a href=\"https://laohu8.com/S/KXIN\">Happy car</a>down 11.4%.<a href=\"https://laohu8.com/S/JD\">Jingdong</a>It fell by more than 3%,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It fell by more than 2%.</p><p>3. Fear of the COVID-19 epidemic returned, European stocks closed down across the board on Tuesday</p><p>The three major European stock indexes closed down across the board, with France's CAC40 index falling 2.09%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index fell 2%, while Germany's DAX fell 1.55%. Europe's Stoxx 600 index fell 2%, its biggest one-day drop since December.</p><p>4. The epidemic situation in India has deepened sharply, pushing US oil to close down by 1.5%! Markets await U.S. inventory data</p><p>The deterioration of the epidemic situation in many places aggravated market worries, causing the two oil companies to turn down in intraday sessions. Finally, WTIMay crude oil futures closed down $0.94, or 1.48%, at $62.44/barrel. Brent June crude oil futures closed down $0.48, or 0.71%, at $66.57/barrel.</p><p>5. The yield of U.S. bonds continued to fall, pushing the price of gold to close up 0.4%</p><p>Gold futures prices closed slightly higher on Tuesday, boosted by a weaker dollar and a retreat in U.S. Treasury Bond yields. Gold futures for June delivery rose $7.80, or 0.4%, to settle at $1,778.40 an ounce on the New York Mercantile Exchange, after the contract closed down 0.5% in Monday's trading.</p><p>International macro</p><p>1、<a href=\"https://laohu8.com/NW/2129828861\" target=\"_blank\">Powell: U.S. inflation may be on the high side this year but the Fed is capable of handling it</a></p><p>According to reports, Florida Republican Senator Rick Scott sent a letter to Federal Reserve Chairman Powell in March this year. Scott expressed his concern about rising inflation in the letter. Powell replied on April 8th, and the specific content of the letter was announced on April 20th, local time.</p><p>2、<a href=\"https://laohu8.com/NW/2129828371\" target=\"_blank\">Indian Prime Minister Narendra Modi: No national lockdown in response to the second wave of COVID-19</a></p><p>Indian Prime Minister Narendra Modi said in a televised speech on the evening of 20th that India is currently fighting the second wave of the new crown epidemic, but it will not impose a nationwide lockdown.</p><p>3、<a href=\"https://laohu8.com/NW/2127316043\" target=\"_blank\">Powell: Most Members of the Fed Think rate hike Will Not Be Possible Until 2024</a></p><p>Federal Reserve Chairman Powell sent a letter to U.S. Senator Rick Scott saying: Given that labor force penetration is lower than the level before the outbreak of COVID-19, the U.S. unemployment rate is expected to underestimate the employment gap problem.</p><p>4、<a href=\"https://laohu8.com/NW/1149371981\" target=\"_blank\">Big Short Schiff: U.S. Treasury Bond is a \"Ponzi scheme\" and inflation will cost investors their money</a></p><p>Peter Schiff, a famous financial critic and investor, believes that the financing of Treasury Bond in the United States is actually a huge Ponzi scheme.</p><p>5. The market value of Dogecoin reached more than $50 billion<a href=\"https://laohu8.com/S/F\">Ford Motor</a>And<a href=\"https://laohu8.com/S/KHC\">Kraft Heinz</a></p><p>It was treated as a joke when it was created, but Dogecoin is now not to be underestimated. According to CoinMarketCap.com, after a 400% rise over the past week, the total market cap of Dogecoin reached about $50 billion.</p><p>6、<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>shell<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Salary system, the basic salary of Buffett's two successors has been the top in the United States</p><p>Institutional Shareholder Services of America, Inc. (<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>) advised investors not to vote for Warren Buffett's<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Four directors of Berkshire Hathaway to denounce the company's executive compensation policy.</p><p>7. With a 400% surge in a week, where will Dogecoin go? Veteran Trader: It's likely to cease to exist</p><p>Dogecoin faithful have declared April 20 \"Doge Day,\" but on Wall Street, having a Day of your own does not guarantee its legitimacy or its sustainable viability.</p><p>8. Billionaire Novograz: Dogecoin and Bitcoin are both soaring, but there are essential differences</p><p>Well-known cryptocurrency bull Mike Novogratz highlighted Tuesday that while both Bitcoin and Dogecoin have seen strong gains this year, their designs and risk profiles are very different.</p><p>9. US President Joe Biden plans to announce a new carbon emission target this week. Biden plans to reduce (carbon) emissions by at least half by 2030.</p><p>President Joe Biden plans to announce new carbon emissions targets this week, with Biden planning to cut (carbon) emissions by at least half by 2030.</p><p>10. Japan may declare four more prefectures into a quasi-emergency Outside: Can the Olympic Games still be held?</p><p>Japan will announce the expansion of a quasi-emergency to 10 regions on the 16th as the fourth wave of COVID-19 spreads, raising doubts about whether the Tokyo Olympics will be held smoothly, Reuters reported.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2129840686\" target=\"_blank\">Tesla's Supply Chain Orders Hint: 1 Million Vehicle Sales Target for 2021</a></p><p>Although<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It's been tight-lipped about actual vehicle production and delivery targets for 2021, but updates to the company's supply chain suggest the EV maker is targeting an incredible number. According to recent reports from some of Tesla's suppliers, the company appears to be aiming to reach 1 million vehicles in 2021.</p><p>2、<a href=\"https://laohu8.com/NW/2129182822\" target=\"_blank\">Apple Spring Launch Launches AirTag, Colorful iMac and Other Products Shares Closed More than 1%</a></p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>Shares closed down 1.28% at $133.11 on Tuesday, after an intraday drop of more than 2% at one point. This comes after the company held its 2021 spring event, launching a new generation of iMac all-in-one computers, iPad Pro tablets, AirTag tracker accessories and more.</p><p>3、<a href=\"https://laohu8.com/NW/2129231758\" target=\"_blank\">Another one! International daily chemical giant Procter & Gamble will raise the prices of its products in September</a></p><p>International daily chemical giant<a href=\"https://laohu8.com/S/PG\">P&G</a>Companies will start raising prices for everyday items from diapers to tampons this fall. Procter & Gamble is the latest consumer goods company to announce price increases and the largest.</p><p>4、<a href=\"https://laohu8.com/NW/2129840945\" target=\"_blank\">PayPal is backing up cryptocurrency again! Its APP announces support for Bitcoin buying and selling transactions</a></p><p>Payment service providers<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>Its mobile payment app Venmo has announced that it will now allow users to buy, hold and sell Bitcoin and other digital currencies, in what could be an important step towards mainstream recognition for cryptocurrencies.</p><p>5、<a href=\"https://laohu8.com/NW/1115044994\" target=\"_blank\">Netflix's first-quarter results exceeded expectations, but new users were far less than expected! Plunged more than 10% after hours</a></p><p>Netflix (NASDAQ:NFLX), the streaming video service giant, reported its first quarter fiscal 2021 earnings after the US stock market closed on Tuesday (early Wednesday morning Beijing time). According to this financial report, Netflix's revenue in the first quarter was $7.163 billion, an increase of 24.2% compared with $5.768 billion in the same period last year, exceeding analysts' expectations of $7.14 billion; Net income was $1.707 billion, up 141% from $709 million in the same period last year; Diluted earnings per share were $3.75, up from $1.57 in the year-ago quarter and beating analysts' estimates of $2.98.</p><p>6、<a href=\"https://laohu8.com/NW/1139975816\" target=\"_blank\">Sources say Zuoyebang is considering US IPO to raise at least $500 million</a></p><p>According to sources familiar with the matter, Chinese online tutoring platform Zuoyebang is considering a US IPO (initial public offering) that could raise at least $500m.</p><p>7、<a href=\"https://laohu8.com/NW/2129828423\" target=\"_blank\">Xunniao Software landed on Nasdaq IPO on the first day soared more than 50%</a></p><p>Beijing Customer Service<a href=\"https://laohu8.com/S/300024\">Robot</a>The company Infobird, which landed on the Nasdaq on Tuesday under the ticker symbol IFBD, opened up 75% at $7 on the first day of its IPO, and the IPO offering price was $4 per ADS. At the close, the company's shares were trading at $6.03, or 50.75%.</p><p>8、<a href=\"https://laohu8.com/NW/2129584726\" target=\"_blank\">Boeing closed down more than 4% after it announced it extended CEO Calhoun's retirement age to 70</a></p><p>Dave Calhoun is<a href=\"https://laohu8.com/S/BA\">boeing</a>CEO of the worst year the company has ever had, but will now confirm his retention in an attempt to lead the aerospace giant's rebound for the foreseeable future.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106533725","content_text":"摘要：美股全线收跌，纳指跌近1% ，新冠疫情担忧卷土重来，美油大幅收跌1.5％。鲍威尔表示，美国今年通胀可能会偏高，但美联储有能力应对。日本或将再宣布 4 个县进入准紧急状态。推荐相关：一文看懂苹果春季发布会，不止紫色iPhone12海外市场1、美股三大指数周二全线收跌，本月首度录得两连跌，纳指跌近1%美股周二收跌，主要股指连续第二个交易日下滑。强劲的企业财报未能提振已处在接近纪录高位的美股继续上行。全球新冠病例惊人增长，美国每日新增感染病例数居高不下，令市场担忧经济复苏前景。截至收盘，纳斯达克指数跌0.92%，道琼斯指数跌0.75%，标普500指数跌0.68%。2、热门中概股周二收盘多数走低 讯鸟软件IPO首日涨超50%热门中概股多数下跌，讯鸟软件上市首日涨50%，开心汽车跌11.4%。京东跌超3%，阿里巴巴跌超2%。3、新冠疫情担忧卷土重来 欧股周二全线收跌欧洲三大股指全线收跌，法国CAC40指数跌2.09%，英国富时100指数跌2%，德国DAX指数跌1.55%。欧洲斯托克600指数跌2%，势创去年12月以来的最大单日跌幅。4、印度疫情急剧加深，推动美油大幅收跌1.5％！市场等待美国库存数据多地疫情恶化加剧市场担忧，致两油盘中转跌。最终，WTI5月原油期货收跌0.94美元，跌幅1.48%，报62.44美元/桶。布伦特6月原油期货收跌0.48美元，跌幅0.71%，报66.57美元/桶。5、美债收益率继续回落，推动金价收盘上涨0.4％黄金期货价格周二收盘小幅上涨，原因是受到美元疲软和美国国债收益率回落的提振。纽约商品交易所6月份交割的黄金期货价格上涨7.80美元，报收于每盎司1778.40美元，涨幅为0.4%，此前该合约在周一的交易中收盘下跌0.5%。国际宏观1、鲍威尔：美国今年通胀可能会偏高 但美联储有能力应对据报道，佛罗里达州共和党参议员Rick Scott曾于今年3月致信美联储主席鲍威尔，Scott在信中表达了对通胀上升的担忧，鲍威尔于4月8日回信，信函的具体内容于当地时间4月20日对外公布。2、印度总理莫迪：针对第二波新冠疫情不会实施全国封锁印度总理莫迪20日晚发表电视讲话说，印度目前正在与第二波新冠疫情做斗争，但不会在全国实施封锁。3、鲍威尔：美联储大多数成员认为要到2024年才可能加息美联储主席鲍威尔致函美国国会参议院里克·斯科特(Rick Scott)称：鉴于劳动力渗透性低于新冠肺炎疫情爆发之前的水平，预计美国失业率低估了就业缺口问题。4、大空头席夫：美国国债就是“庞氏骗局”，通胀将让投资者血本无归著名财经评论家、投资人席夫（Peter Schiff）认为，美国国债的融资其实就是个巨大的庞氏骗局。5、狗狗币市值达到500亿美元 超过福特汽车和卡夫亨氏创建的时候被当作一个玩笑，但狗狗币现在已经不容小觑。根据CoinMarketCap.com的数据，过去一周上涨400%之后，狗狗币总市值达到约500亿美元。6、ISS炮轰伯克希尔薪酬体系，巴菲特两大接班人基本工资已冠绝全美美国机构股东服务公司（ISS）日前建议投资者不要投票给沃伦·巴菲特（Warren Buffett）旗下伯克希尔哈撒韦公司（Berkshire Hathaway）的四名董事，以谴责该公司的高管薪酬政策。7、一周飙升400％，狗狗币将走向何方？资深交易员：很可能会不复存在狗狗币的忠实信徒宣布4月20日为“狗狗日”（Doge Day），但在华尔街，拥有属于自己的一天并不能保证其合法性，也不能保证其可持续生存能力。8、亿万富豪诺沃格拉茨：狗狗币与比特币都在飙升 却存在本质区别加密货币知名多头迈克-诺沃格拉茨（Mike Novogratz）周二强调说，虽然比特币和狗狗币（Dogecoin）今年都强势上涨，但它们的设计和风险状况却大不相同。9、美国总统拜登计划本周宣布新的碳排放目标，拜登计划在2030年前将（碳）排放量至少减少一半。美国总统拜登计划本周宣布新的碳排放目标，拜登计划在2030年前将（碳）排放量至少减少一半。10、日本或将再宣布 4 个县进入准紧急状态 外界：奥运会还能办吗？据路透社报道，随着第四波新冠疫情的蔓延，日本将于 16 日宣布将准紧急状态扩大到 10 个地区，这使得人们怀疑东京奥运会能否顺利举行。公司新闻1、特斯拉的供应链订单暗示：2021年汽车销售目标为100万辆尽管特斯拉对2021年的实际汽车生产和交付目标三缄其口，但该公司供应链的更新表明，这家电动汽车制造商的目标是一个令人难以置信的数字。根据特斯拉的一些供应商最近的报告，该公司的目标似乎是在2021年达到100万辆。2、苹春季发布会推出AirTag、多彩iMac等产品 股价收跌逾1%苹果股价周二收盘下跌1.28%，报133.11美元，盘中跌幅一度超过2%。此前该公司举办2021年度春季发布会，推出新一代iMac一体机、iPad Pro平板电脑、AirTag追踪器配件等产品。3、又一家！国际日化巨头宝洁将在9月份上调旗下产品价格国际日化巨头宝洁公司今年秋季将开始提高从尿布到卫生棉条等日常用品的价格。宝洁是最新一家宣布涨价的消费品公司，也是规模最大的一家。4、PayPal再次力挺加密货币！旗下APP宣布支持比特币买卖交易支付服务提供商PayPal旗下的移动支付应用Venmo宣布，该应用现在将允许用户购买、持有和出售比特币和其他数字货币，这可能是加密货币朝着被主流认可而迈出的重要一步。5、奈飞第一季度业绩超预期，但新增用户远不及预期！盘后暴跌逾10％流媒体视频服务巨头奈飞（NASDAQ:NFLX）在美股市场周二收盘（北京时间周三凌晨）以后公布了该公司的2021财年第一季度财报。这份财报显示，奈飞第一季度营收为71.63亿美元，与去年同期的57.68亿美元相比增长24.2%，超出分析师预期的71.4亿美元；净利润为17.07亿美元，与去年同期7.09亿美元相比增长141%；每股摊薄收益为3.75美元，高于去年同期的1.57美元，超出分析师预期的2.98美元。6、消息称作业帮正在考虑美国IPO，筹资至少5亿美元据熟知内情的消息人士透露，中国在线辅导平台作业帮正考虑在美国IPO（首次公开募股）上市，可能将筹集至少5亿美元资金。7、讯鸟软件登陆纳斯达克 IPO首日飙升逾50%北京客服机器人公司讯鸟软件（Infobird）周二登陆纳斯达克，股票代码为IFBD，IPO首日开盘上涨75%，报7美元，IPO发行价为每ADS 4美元。截至收盘，该公司股价报6.03美元，涨幅50.75%。8、波音宣布延长CEO卡尔霍恩退休年龄至70岁，股价收跌逾4%戴夫·卡尔霍恩（Dave Calhoun）是波音公司有史以来所经历最糟糕一个年头的首席执行官，但如今他将确认留任，以试图在可预见的未来引领这家航空航天巨头的反弹。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354482853,"gmtCreate":1617196967772,"gmtModify":1704697093372,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/354482853","repostId":"1185840581","repostType":4,"isVote":1,"tweetType":1,"viewCount":2077,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351461030,"gmtCreate":1616626986720,"gmtModify":1704796531717,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"43","listText":"43","text":"43","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351461030","repostId":"351157111","repostType":1,"repost":{"id":351157111,"gmtCreate":1616578300230,"gmtModify":1704795894509,"author":{"id":"3510558082622800","authorId":"3510558082622800","name":"胖虎哒哒","avatar":"https://static.tigerbbs.com/75b95d9326c02813b7b87ba8c1eccb5a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3510558082622800","authorIdStr":"3510558082622800"},"themes":[],"title":"徵集預言家，預測一下DigitalOcean首日收盤價！","htmlText":"<a href=\"https://laohu8.com/S/DOCN\">$DigitalOcean Holdings, Inc.(DOCN)$</a> 今晚上市，該公司宣佈，其IPO定價爲每股47.00美元，估值約爲56億美元。 招股信息 股票代碼：<a href=\"https://laohu8.com/S/DOCN\">$DigitalOcean Holdings, Inc.(DOCN)$</a> 上市時間：3月24日 發行規模：1650萬股普通股 發行價格：44-47美元 估值：50億美元 募資規模：7.5億美元 募資用途：一般公司用途，包括營運資金，運營支出和資本支出。 主承銷商：摩根士丹利、高盛、摩根大通、 機構持倉:IPO前，AI Droplet Holdings LLC持股爲26.55%，Andreessen Horowitz Fund III,L.P.持股爲17.52%， IA Venture Strategies Fund II, LP持股爲16.57%，Benya Uretsky持股爲7.29%，Moisey Uretsky持股爲9.03%。 看了這個定價我基本是放心了，老闆沒有最後關頭提高價格，今天晚上準備打遊戲熬夜買數據海洋了！ 懸賞999虎幣，徵集預言家，廣大虎友猜一下，你認爲數據海洋首日收盤股價多少？ 還有一個附加題（答不答都不影響贏虎幣）：今晚開盤，你會不會衝？ 今晚收盤前，猜對到個位數就可以獲得虎幣，一個人猜對999虎幣就都是你的了，多人猜對就平分。如果評論區沒人猜對，則留言的前十位平分999虎幣，每人99虎幣。 招股書分析：<a href=\"https://laohu8.com/TW/359645526\" target=\"_blank\">DigitalOcean：一家助力程序員改變世界的SaaS公司要上市了！</a> 視頻：","listText":"<a href=\"https://laohu8.com/S/DOCN\">$DigitalOcean Holdings, Inc.(DOCN)$</a> 今晚上市，該公司宣佈，其IPO定價爲每股47.00美元，估值約爲56億美元。 招股信息 股票代碼：<a href=\"https://laohu8.com/S/DOCN\">$DigitalOcean Holdings, Inc.(DOCN)$</a> 上市時間：3月24日 發行規模：1650萬股普通股 發行價格：44-47美元 估值：50億美元 募資規模：7.5億美元 募資用途：一般公司用途，包括營運資金，運營支出和資本支出。 主承銷商：摩根士丹利、高盛、摩根大通、 機構持倉:IPO前，AI Droplet Holdings LLC持股爲26.55%，Andreessen Horowitz Fund III,L.P.持股爲17.52%， IA Venture Strategies Fund II, LP持股爲16.57%，Benya Uretsky持股爲7.29%，Moisey Uretsky持股爲9.03%。 看了這個定價我基本是放心了，老闆沒有最後關頭提高價格，今天晚上準備打遊戲熬夜買數據海洋了！ 懸賞999虎幣，徵集預言家，廣大虎友猜一下，你認爲數據海洋首日收盤股價多少？ 還有一個附加題（答不答都不影響贏虎幣）：今晚開盤，你會不會衝？ 今晚收盤前，猜對到個位數就可以獲得虎幣，一個人猜對999虎幣就都是你的了，多人猜對就平分。如果評論區沒人猜對，則留言的前十位平分999虎幣，每人99虎幣。 招股書分析：<a href=\"https://laohu8.com/TW/359645526\" target=\"_blank\">DigitalOcean：一家助力程序員改變世界的SaaS公司要上市了！</a> 視頻：","text":"$DigitalOcean Holdings, Inc.(DOCN)$ 今晚上市，該公司宣佈，其IPO定價爲每股47.00美元，估值約爲56億美元。 招股信息 股票代碼：$DigitalOcean Holdings, Inc.(DOCN)$ 上市時間：3月24日 發行規模：1650萬股普通股 發行價格：44-47美元 估值：50億美元 募資規模：7.5億美元 募資用途：一般公司用途，包括營運資金，運營支出和資本支出。 主承銷商：摩根士丹利、高盛、摩根大通、 機構持倉:IPO前，AI Droplet Holdings LLC持股爲26.55%，Andreessen Horowitz Fund III,L.P.持股爲17.52%， IA Venture Strategies Fund II, LP持股爲16.57%，Benya Uretsky持股爲7.29%，Moisey Uretsky持股爲9.03%。 看了這個定價我基本是放心了，老闆沒有最後關頭提高價格，今天晚上準備打遊戲熬夜買數據海洋了！ 懸賞999虎幣，徵集預言家，廣大虎友猜一下，你認爲數據海洋首日收盤股價多少？ 還有一個附加題（答不答都不影響贏虎幣）：今晚開盤，你會不會衝？ 今晚收盤前，猜對到個位數就可以獲得虎幣，一個人猜對999虎幣就都是你的了，多人猜對就平分。如果評論區沒人猜對，則留言的前十位平分999虎幣，每人99虎幣。 招股書分析：DigitalOcean：一家助力程序員改變世界的SaaS公司要上市了！ 視頻：","images":[{"img":"https://static.tigerbbs.com/d6dad77f5921f92aa1fe966952b26878","width":"300","height":"225"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351157111","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"subType":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325318828,"gmtCreate":1615863891964,"gmtModify":1704787634289,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325318828","repostId":"1148898512","repostType":4,"repost":{"id":"1148898512","kind":"news","weMediaInfo":{"introduction":"解密财经，透视真相。为您传递第一手新鲜财经深度报道。","home_visible":1,"media_name":"棱镜","id":"91","head_image":"https://static.tigerbbs.com/ea46042fac2240098d9d976e6d67d6a8"},"pubTimestamp":1615863841,"share":"https://ttm.financial/m/news/1148898512?lang=en_US&edition=fundamental","pubTime":"2021-03-16 11:04","market":"us","language":"zh","title":"Coin speculation is better than selling cars all year round. How long can Musk's Bitcoin be crazy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1148898512","media":"棱镜","summary":"“我偶尔也会幻想一下，如果当初那200枚比特币没卖，现在身家也有近8000万元了。”3月14日，在比特币盘中价格一度涨破6万美元/枚大关、创下历史新高之际，投资者汪帅（化名）对作者表示。\n2013年就","content":"<p>\"Occasionally, I fantasize that if the 200 Bitcoin were not sold at the beginning, the net worth would be nearly 80 million yuan now.\" On March 14th, when the intraday price in Bitcoin once rose above the $60,000/piece mark and reached a record high, investor Wang Shuai (pseudonym) told the author.</p><p>In 2013, Wang Shuai, who came into contact with Bitcoin, entered the market with RMB 8,000. When he encountered the bull market in the currency circle, the Bitcoin in his hand turned from 15 to 200. Finally, he threw it away in the market of 2,000 yuan-3,000 yuan at the end of 2015, and paid the down payment for the house and bought a car.</p><p>\"However, even if I don't sell it at that time, I will definitely run when it rises to 10,000 yuan later. I don't know about this thing,\" Wang Shuai added.</p><p>\"If you can travel back ten years ago, you must sell your house and buy Bitcoin.\" Under the record high price of Bitcoin, a large number of netizens stumped their wrists and regretted that they had missed the opportunity of wealth and freedom.</p><p>Market participants are no strangers to such scenarios. Over the past decade, similar voices have always appeared densely every time Bitcoin prices set new records.</p><p>In the twelve years since its birth, the price of Bitcoin has skyrocketed 24.67 million times. Even if an investor bought Bitcoin with 100 yuan ten years ago and held it so far, its market value exceeds 5 million yuan. Neither Maotai's share price nor Beijing's, Shanghai's and Shenzhen's house prices are worth mentioning in the face of the increase in Bitcoin.</p><p>Since the beginning of this year, Tesla's founder Musk and others have personally \"brought goods\" for Bitcoin, and other companies have followed suit, pushing the price of Bitcoin to reach a new high.</p><p>But most people are still wondering about the recent Bitcoin skyrocketing myth. What is the logic? More importantly, will the price of Bitcoin, which has already \"broken the sky\", continue to rise all the way?</p><p><b>Wall Street institutions become the main purchasing power of Bitcoin</b></p><p>On March 15th, Tesla's documents submitted to the U.S. Securities and Exchange Commission showed that CEO Musk and CFO each had a new title: Musk also served as the Technoking of Tesla, and the CFO also served as the Master of Coin.</p><p><img src=\"https://static.tigerbbs.com/9f8d805dea00275bfb59d2d7597f1811\" tg-width=\"533\" tg-height=\"300\" referrerpolicy=\"no-referrer\"></p><p>This may be related to Tesla's recent move to Bitcoin. On February 8 of this year, Tesla disclosed that the company had purchased $1.5 billion worth of Bitcoin and planned to accept customers to use Bitcoin to buy Tesla soon.</p><p>On social media, Musk has more than 48 million followers, and is particularly attractive among the younger generation of investors. Musk personally \"brought goods\" for Bitcoin, and the market expects that other companies will follow suit, pushing the price of Bitcoin to climb.</p><p>According to market estimates, Tesla's floating profit has exceeded 900 million US dollars in one month of \"speculation\", which is higher than the net profit of 721 million US dollars from selling cars in 2020.</p><p>Tesla's purchase of Bitcoin has become a representative action of American corporate investors.</p><p>\"When inflation rises and more companies decide to spread a small portion of their cash balances to Bitcoin instead of cash, then the trickle into Bitcoin will become a torrent.\" In a letter to investors in early 2021, Bill Miller, a well-known fund manager in U.S. stocks, publicly expressed his bullishness on Bitcoin.</p><p>Bitcoin, an asset independent of the central banking system, has been given the expectation of fighting inflation at a time when central banks around the world are releasing big water to mitigate the impact of the pandemic. Especially recently, the US passed a $1.9 trillion stimulus bill, which is regarded as an important factor for some institutional investors to increase their allocation in Bitcoin.</p><p>Last May, Paul Tudor Jones, founder and chief investment officer of hedge fund giant Tudor Investments, said it would invest 2% of its assets in Bitcoin. He fears money is being printed around the globe to ease the pandemic and will lead to unprecedented inflation. While he likened buying Bitcoin to \"having the fastest horse\" in the upcoming inflation race.</p><p>Bi Tongtong, editor-in-chief of PAnews, a blockchain information platform, said that even though the price of Bitcoin has reached a new high of $60,000 recently, its total market value is far less than that of gold, and it was even smaller before. \"When the basin is full, it overflows. Due to the small market size in Bitcoin, under the background of water release by global central banks, the influx of funds into Bitcoin will far exceed that of gold. In addition, after water release, funds also favor risky assets such as Bitcoin and stocks.\"</p><p>As customers' interest increased, major investment banks on Wall Street began to study related services to meet users' needs. Institutional clients began to enter the market and became the primary purchasing power. According to market statistics, at present, the public institutional Bitcoin positions have exceeded 1.36 million, accounting for 6.5% of the total supply.</p><p>Wang Lixin, managing director of World Gold Council China, told the author that because the total amount of Bitcoin is fixed, the difficulty of mining is soaring, and the market size is small, the price will inevitably soar when funds pour in. \"This is determined by supply and demand.\"</p><p>The structure of investors in the market has changed as Bitcoin prices hit new records. According to Bi Tongtong's observation, in the past, when the price in Bitcoin exceeded 20,000, 30,000, 40,000 and 50,000 US dollars, the Coinbase exchange, which represents the power of the United States, had obvious premiums. However, recently, Coinbase's premium is negative and the main driving force comes from stablecoins, compared with all obvious premiums in Asian transactions, which shows that the recent rise mainly comes from the Asian market and retail forces.</p><p>Katherine Wood, founder of ARK Invest, a star Wall Street fund manager, even said at the end of last year that if institutions such as hedge funds allocate about 5% of their funds to Bitcoin, Bitcoin may rise to between 400,000 and 500,000 dollars.</p><p>Her reasoning is that Bitcoin is becoming an accepted asset class. Wall Street institutions have been ramping up their investments in Bitcoin. \"The percentage that was distributed at the beginning was 0.5%, then 1%, then 5% or so.\"</p><p><b>Can Bitcoin challenge gold status?</b></p><p>In early March, a report by Citi research team said that with the pursuit of digital currencies such as Bitcoin by retail and institutional investors, there has been a trend that is good for Bitcoin but not good for gold, and this trend is increasingly difficult to ignore.</p><p>The decentralized issuance and scarcity characteristics of Bitcoin are similar to those of gold, so some investors refer to Bitcoin as \"digital gold\". Since 2020, Bitcoin has once increased more than 10 times from around $5,300 to $56,400, and the increase has more than doubled in 2021 alone. During the same period, the largest increase in gold was more than 30% in 2020, and it has fallen 8.7% since the beginning of 2021.</p><p>Wang Lixin made it clear to the author that the threat of Bitcoin to the status of gold cannot be judged from price fluctuations. Both function differently, and although both are non-credit assets with scarcity in supply, gold is a financial asset that provides long-term reliable returns. The correlation between gold and the main financial assets in the market is very low, which can play a role in spreading risks. Allocating a portion of gold in the investment portfolio can effectively reduce the volatility of the investment portfolio. And Bitcoin can't do it in the short term.</p><p>Wang Lixin pointed out that gold is a safe haven asset that has been verified for a long time in history, and the gold market can provide very good liquidity. As a special digital financial asset, the market size of Bitcoin is still small. When investment institutions holding a large number of Bitcoin rights want to sell, the market price will plummet, making it difficult to sell.</p><p>Particularly different from Bitcoin, gold is under a clear regulatory system, and the main trading market is traded by exchanges under the supervision of central banks, which is safer. It should also be noted that gold is an important reserve asset of various central banks and is the preferred asset for currency anchoring standards.</p><p>According to the World Gold Council, gold is a market with considerable depth and high liquidity. Investors see Bitcoin more as a speculative asset than gold as a means of protecting wealth, according to the survey.</p><p>\"Our research results show that if Bitcoin is added to the investment portfolio, it is even more necessary to increase the allocation of gold accordingly.\" Wang Lixin introduced.</p><p>Bi Tongtong said that gold is a physical value storage tool, and the migration of human beings from the physical world to the digital world has just begun. Bitcoin will represent the value storage method in the digital age because of its constant total amount, low inflation and easy division. Compared with gold, which has gone through thousands of years, Bitcoin has just started, and the risks and challenges it faces are also huge. All the values need to be given to time for the final test.</p><p>\"In the digital age, Bitcoin has been created as a new logical financial asset. Whether it is useful depends on whether people believe it, and whether it can be proved by history, it is too early to conclude.\" Wang Lixin said.</p><p><b>Investors'\"gambler psychology is very heavy\"</b></p><p>Every time investors have flocked to Bitcoin over the past decade, like a tide, it has been stimulated by its story of sudden wealth following its skyrocketing prices.</p><p>Wang Shuai told the author that when he first came into contact with Bitcoin at the end of 2013, it was the office that discussed such an asset, and the price rose hundreds of times in a year. Since then, the purchase of other virtual currencies is also due to the possibility of its short-term surge. Fortunately, his virtual coin purchases rose tenfold, while those purchased by his colleagues went to zero altogether.</p><p>The investor \"Old Deer Eats Whale\" (hereinafter referred to as \"Old Deer\") told the author that despite the skyrocketing price in Bitcoin, few individual investors made money, and more investors exploded in them. \"Gamblers have a heavy psychology, and many people have a high leverage ratio and can't withstand the large fluctuations in the Bitcoin.\"</p><p>In Lao Lu's view, those who can't bear 20% pullback/retracement are highly leveraged. And investing in Bitcoin can only be used as a small part of asset allocation. \"Even if all this money is lost, it will not have an impact on your life. But most investors can't do it.\"</p><p>According to an industry expert who asked not to be named, there is no standard for the valuation of Bitcoin. Although the process of discovering Bitcoin requires a lot of electricity consumption, mining machine cost and even manpower input, it is more about participants' expectations and the rise brought by the influx of speculation funds. Because Bitcoin lacks a value basis, it may cause large fluctuations once there is regulation or wind and grass.</p><p>Take March 12, 2020, for example, when the price in Bitcoin dropped from $8,000 to $3,150, a drop of 60%. A large number of investors exploded their positions, helpless to cut their meat and leave the market.</p><p>\"You can only hope that there are other buyers willing to pay a higher price for it, but then this buyer will also get into trouble.\" In an interview with CNBC in February 2020, \"Stock God\" Buffett said about Bitcoin.</p><p>Buffet has repeatedly expressed his dislike for Bitcoin. In February 2019, Buffett said in an interview that virtual currencies, unlike land or company stocks, are not value-added assets, and the value of virtual currencies depends on more people entering the market. Therefore, investor demand for virtual currencies is the only price determinant, making digital currencies a convenient tool for \"scammers\". Cryptocurrency does not have any unique value at all, it is basically a fantasy, and also calls Bitcoin attracts scammers.</p><p>This may seem like a game of drumming and passing flowers, but for now, with the expectation that Bitcoin can keep breaking records, investors are still pouring in.</p><p>Moreover, accusations of energy consumption, illegal trading and excessive speculation have always haunted Bitcoin.</p><p>Due to the anonymity and untraceability of Bitcoin, after the invention of Bitcoin, it was often used for criminal acts such as money laundering and dark web transactions. In May 2017, the ransomware virus \"WannaCry\" affected more than 200,000 devices in at least more than 150 countries, requiring users to use Bitcoin to pay ransom to circumvent tracing.</p><p>There are even claims that the market value of Bitcoin is about equal to the scale of global demand for criminal behavior.</p><p>China Internet Finance Association once warned of risks, saying that so-called \"virtual currencies\" such as Bitcoin lack a clear value basis, the market has a strong speculative atmosphere, and the prices fluctuate drastically. Investors blindly follow the trend and speculate, which is easy to cause capital losses. Investors need to strengthen their awareness of risk prevention. It is worth noting that so-called \"virtual currencies\" such as Bitcoin have increasingly become tools for illegal and criminal activities such as money laundering, drug trafficking, smuggling and illegal fund-raising.</p><p>On February 26th this year, US Treasury Secretary Yellen also publicly cooled Bitcoin.</p><p>\"There are still important questions about the legitimacy and stability of Bitcoin.\" Yellen said, \"I don't think Bitcoin can be widely used as a trading mechanism. To some extent, I am worried that it will usually be used for illegal financing. Trading with it is an extremely inefficient way, and processing transactions requires a surprising amount of electricity.\"</p><p>At the same time, she reminded that Bitcoin is a highly speculative asset. \"People should realize that it may fluctuate greatly, and I do worry that investors may suffer potential losses.\"</p><p><b>\"Bitcoin Faith\" VS Regulatory Policy</b></p><p>Citi also pointed out in the above report that the change of regulatory policy will be the biggest risk for Bitcoin. If regulations are tightened, some speculative money will return to the gold market.</p><p>On March 15th, brokerage China quoted media reports that India plans to legislate to ban cryptocurrency and punish trading and even holding cryptocurrency. The new law will give cryptocurrency holders six months to liquidate such assets. Bitcoin dived $2,000 when he heard the news.</p><p>\"Old deer\" does not deny the strong speculative characteristics of Bitcoin. But he believes that Bitcoin already has enough holders worldwide that it will be hard to die. And with some corporate and institutional investors continuing to join, Bitcoin prices are expected to continue to hit new highs. He believes that if we want to completely suppress Bitcoin, we need a unified regulatory opinion from global regulators, but this is almost impossible.</p><p>Bi Tongtong believes that the follow-up trend of Bitcoin also mainly depends on the regulatory policies of various countries. \"At present, the compliance channels for traditional institutions to enter the market are relatively limited. Canada first launched Bitcoin ETF. If the United States applies for Bitcoin ETF this year and opens up more compliance entry channels, it will be a great benefit to Bitcoin.\"</p><p>\"The popularity of cryptocurrency has the potential to push the government to implement stricter regulation. The government may implement regulation due to two important factors: protecting consumers and ensuring the effectiveness of policies. Although regulation will not completely incapacitate cryptocurrency, it may change the investment proposition and goals of cryptocurrency, and even change its investment performance.\" The World Gold Council said in its latest study released at the end of February.</p><p>In December 2017, Pan Gongsheng, deputy governor of the People's Bank of Bitcoin, said at a public event that it was a decisive and correct decision for the regulators to close China's trading platform and stop ICO.</p><p>He quoted the article of French scholar Éric Pichet as saying, \"The Bitcoin bubble is just the latest incarnation of crazy speculation. Historically, crazy speculation has hit the financial market from time to time, such as the 'Tulip Mania' in 1637 and the Internet bubble in 2000. No one can predict the duration of speculation and where the top will be.\"</p><p>\"The irrationality of the market can be long enough to bankrupt you,\" Mr Pan said. \"Therefore, there is only one thing to do: sit by the river and watch, and one day, the body of Bitcoin will float by you.\"</p><p>\"One day everyone thinks that Bitcoin is just a set of symbols and has no meaning, and it may be completely worthless.\" Huang Yiping, a senior professor at the National Development Institute of Peking University, said in a recent dialogue with Tencent Atomic Think Tank that cryptocurrency itself has no intrinsic value. \"If we think it's worth it, it's worth it; if we think it's not, it's not worth it.\"</p><p>\"Bitcoin Faith\" is often talked about by admirers. In the view of an industry practitioner, the so-called \"Bitcoin Faith\" is nothing more than a rhetoric to lobby more investors to join this game.</p><p>\"If the price in Bitcoin hasn't risen in the past ten years, how can there be any belief?\" Wang Shuai said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coin speculation is better than selling cars all year round. How long can Musk's Bitcoin be crazy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoin speculation is better than selling cars all year round. How long can Musk's Bitcoin be crazy?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/91\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/ea46042fac2240098d9d976e6d67d6a8);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">棱镜 </p>\n<p class=\"h-time smaller\">2021-03-16 11:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>\"Occasionally, I fantasize that if the 200 Bitcoin were not sold at the beginning, the net worth would be nearly 80 million yuan now.\" On March 14th, when the intraday price in Bitcoin once rose above the $60,000/piece mark and reached a record high, investor Wang Shuai (pseudonym) told the author.</p><p>In 2013, Wang Shuai, who came into contact with Bitcoin, entered the market with RMB 8,000. When he encountered the bull market in the currency circle, the Bitcoin in his hand turned from 15 to 200. Finally, he threw it away in the market of 2,000 yuan-3,000 yuan at the end of 2015, and paid the down payment for the house and bought a car.</p><p>\"However, even if I don't sell it at that time, I will definitely run when it rises to 10,000 yuan later. I don't know about this thing,\" Wang Shuai added.</p><p>\"If you can travel back ten years ago, you must sell your house and buy Bitcoin.\" Under the record high price of Bitcoin, a large number of netizens stumped their wrists and regretted that they had missed the opportunity of wealth and freedom.</p><p>Market participants are no strangers to such scenarios. Over the past decade, similar voices have always appeared densely every time Bitcoin prices set new records.</p><p>In the twelve years since its birth, the price of Bitcoin has skyrocketed 24.67 million times. Even if an investor bought Bitcoin with 100 yuan ten years ago and held it so far, its market value exceeds 5 million yuan. Neither Maotai's share price nor Beijing's, Shanghai's and Shenzhen's house prices are worth mentioning in the face of the increase in Bitcoin.</p><p>Since the beginning of this year, Tesla's founder Musk and others have personally \"brought goods\" for Bitcoin, and other companies have followed suit, pushing the price of Bitcoin to reach a new high.</p><p>But most people are still wondering about the recent Bitcoin skyrocketing myth. What is the logic? More importantly, will the price of Bitcoin, which has already \"broken the sky\", continue to rise all the way?</p><p><b>Wall Street institutions become the main purchasing power of Bitcoin</b></p><p>On March 15th, Tesla's documents submitted to the U.S. Securities and Exchange Commission showed that CEO Musk and CFO each had a new title: Musk also served as the Technoking of Tesla, and the CFO also served as the Master of Coin.</p><p><img src=\"https://static.tigerbbs.com/9f8d805dea00275bfb59d2d7597f1811\" tg-width=\"533\" tg-height=\"300\" referrerpolicy=\"no-referrer\"></p><p>This may be related to Tesla's recent move to Bitcoin. On February 8 of this year, Tesla disclosed that the company had purchased $1.5 billion worth of Bitcoin and planned to accept customers to use Bitcoin to buy Tesla soon.</p><p>On social media, Musk has more than 48 million followers, and is particularly attractive among the younger generation of investors. Musk personally \"brought goods\" for Bitcoin, and the market expects that other companies will follow suit, pushing the price of Bitcoin to climb.</p><p>According to market estimates, Tesla's floating profit has exceeded 900 million US dollars in one month of \"speculation\", which is higher than the net profit of 721 million US dollars from selling cars in 2020.</p><p>Tesla's purchase of Bitcoin has become a representative action of American corporate investors.</p><p>\"When inflation rises and more companies decide to spread a small portion of their cash balances to Bitcoin instead of cash, then the trickle into Bitcoin will become a torrent.\" In a letter to investors in early 2021, Bill Miller, a well-known fund manager in U.S. stocks, publicly expressed his bullishness on Bitcoin.</p><p>Bitcoin, an asset independent of the central banking system, has been given the expectation of fighting inflation at a time when central banks around the world are releasing big water to mitigate the impact of the pandemic. Especially recently, the US passed a $1.9 trillion stimulus bill, which is regarded as an important factor for some institutional investors to increase their allocation in Bitcoin.</p><p>Last May, Paul Tudor Jones, founder and chief investment officer of hedge fund giant Tudor Investments, said it would invest 2% of its assets in Bitcoin. He fears money is being printed around the globe to ease the pandemic and will lead to unprecedented inflation. While he likened buying Bitcoin to \"having the fastest horse\" in the upcoming inflation race.</p><p>Bi Tongtong, editor-in-chief of PAnews, a blockchain information platform, said that even though the price of Bitcoin has reached a new high of $60,000 recently, its total market value is far less than that of gold, and it was even smaller before. \"When the basin is full, it overflows. Due to the small market size in Bitcoin, under the background of water release by global central banks, the influx of funds into Bitcoin will far exceed that of gold. In addition, after water release, funds also favor risky assets such as Bitcoin and stocks.\"</p><p>As customers' interest increased, major investment banks on Wall Street began to study related services to meet users' needs. Institutional clients began to enter the market and became the primary purchasing power. According to market statistics, at present, the public institutional Bitcoin positions have exceeded 1.36 million, accounting for 6.5% of the total supply.</p><p>Wang Lixin, managing director of World Gold Council China, told the author that because the total amount of Bitcoin is fixed, the difficulty of mining is soaring, and the market size is small, the price will inevitably soar when funds pour in. \"This is determined by supply and demand.\"</p><p>The structure of investors in the market has changed as Bitcoin prices hit new records. According to Bi Tongtong's observation, in the past, when the price in Bitcoin exceeded 20,000, 30,000, 40,000 and 50,000 US dollars, the Coinbase exchange, which represents the power of the United States, had obvious premiums. However, recently, Coinbase's premium is negative and the main driving force comes from stablecoins, compared with all obvious premiums in Asian transactions, which shows that the recent rise mainly comes from the Asian market and retail forces.</p><p>Katherine Wood, founder of ARK Invest, a star Wall Street fund manager, even said at the end of last year that if institutions such as hedge funds allocate about 5% of their funds to Bitcoin, Bitcoin may rise to between 400,000 and 500,000 dollars.</p><p>Her reasoning is that Bitcoin is becoming an accepted asset class. Wall Street institutions have been ramping up their investments in Bitcoin. \"The percentage that was distributed at the beginning was 0.5%, then 1%, then 5% or so.\"</p><p><b>Can Bitcoin challenge gold status?</b></p><p>In early March, a report by Citi research team said that with the pursuit of digital currencies such as Bitcoin by retail and institutional investors, there has been a trend that is good for Bitcoin but not good for gold, and this trend is increasingly difficult to ignore.</p><p>The decentralized issuance and scarcity characteristics of Bitcoin are similar to those of gold, so some investors refer to Bitcoin as \"digital gold\". Since 2020, Bitcoin has once increased more than 10 times from around $5,300 to $56,400, and the increase has more than doubled in 2021 alone. During the same period, the largest increase in gold was more than 30% in 2020, and it has fallen 8.7% since the beginning of 2021.</p><p>Wang Lixin made it clear to the author that the threat of Bitcoin to the status of gold cannot be judged from price fluctuations. Both function differently, and although both are non-credit assets with scarcity in supply, gold is a financial asset that provides long-term reliable returns. The correlation between gold and the main financial assets in the market is very low, which can play a role in spreading risks. Allocating a portion of gold in the investment portfolio can effectively reduce the volatility of the investment portfolio. And Bitcoin can't do it in the short term.</p><p>Wang Lixin pointed out that gold is a safe haven asset that has been verified for a long time in history, and the gold market can provide very good liquidity. As a special digital financial asset, the market size of Bitcoin is still small. When investment institutions holding a large number of Bitcoin rights want to sell, the market price will plummet, making it difficult to sell.</p><p>Particularly different from Bitcoin, gold is under a clear regulatory system, and the main trading market is traded by exchanges under the supervision of central banks, which is safer. It should also be noted that gold is an important reserve asset of various central banks and is the preferred asset for currency anchoring standards.</p><p>According to the World Gold Council, gold is a market with considerable depth and high liquidity. Investors see Bitcoin more as a speculative asset than gold as a means of protecting wealth, according to the survey.</p><p>\"Our research results show that if Bitcoin is added to the investment portfolio, it is even more necessary to increase the allocation of gold accordingly.\" Wang Lixin introduced.</p><p>Bi Tongtong said that gold is a physical value storage tool, and the migration of human beings from the physical world to the digital world has just begun. Bitcoin will represent the value storage method in the digital age because of its constant total amount, low inflation and easy division. Compared with gold, which has gone through thousands of years, Bitcoin has just started, and the risks and challenges it faces are also huge. All the values need to be given to time for the final test.</p><p>\"In the digital age, Bitcoin has been created as a new logical financial asset. Whether it is useful depends on whether people believe it, and whether it can be proved by history, it is too early to conclude.\" Wang Lixin said.</p><p><b>Investors'\"gambler psychology is very heavy\"</b></p><p>Every time investors have flocked to Bitcoin over the past decade, like a tide, it has been stimulated by its story of sudden wealth following its skyrocketing prices.</p><p>Wang Shuai told the author that when he first came into contact with Bitcoin at the end of 2013, it was the office that discussed such an asset, and the price rose hundreds of times in a year. Since then, the purchase of other virtual currencies is also due to the possibility of its short-term surge. Fortunately, his virtual coin purchases rose tenfold, while those purchased by his colleagues went to zero altogether.</p><p>The investor \"Old Deer Eats Whale\" (hereinafter referred to as \"Old Deer\") told the author that despite the skyrocketing price in Bitcoin, few individual investors made money, and more investors exploded in them. \"Gamblers have a heavy psychology, and many people have a high leverage ratio and can't withstand the large fluctuations in the Bitcoin.\"</p><p>In Lao Lu's view, those who can't bear 20% pullback/retracement are highly leveraged. And investing in Bitcoin can only be used as a small part of asset allocation. \"Even if all this money is lost, it will not have an impact on your life. But most investors can't do it.\"</p><p>According to an industry expert who asked not to be named, there is no standard for the valuation of Bitcoin. Although the process of discovering Bitcoin requires a lot of electricity consumption, mining machine cost and even manpower input, it is more about participants' expectations and the rise brought by the influx of speculation funds. Because Bitcoin lacks a value basis, it may cause large fluctuations once there is regulation or wind and grass.</p><p>Take March 12, 2020, for example, when the price in Bitcoin dropped from $8,000 to $3,150, a drop of 60%. A large number of investors exploded their positions, helpless to cut their meat and leave the market.</p><p>\"You can only hope that there are other buyers willing to pay a higher price for it, but then this buyer will also get into trouble.\" In an interview with CNBC in February 2020, \"Stock God\" Buffett said about Bitcoin.</p><p>Buffet has repeatedly expressed his dislike for Bitcoin. In February 2019, Buffett said in an interview that virtual currencies, unlike land or company stocks, are not value-added assets, and the value of virtual currencies depends on more people entering the market. Therefore, investor demand for virtual currencies is the only price determinant, making digital currencies a convenient tool for \"scammers\". Cryptocurrency does not have any unique value at all, it is basically a fantasy, and also calls Bitcoin attracts scammers.</p><p>This may seem like a game of drumming and passing flowers, but for now, with the expectation that Bitcoin can keep breaking records, investors are still pouring in.</p><p>Moreover, accusations of energy consumption, illegal trading and excessive speculation have always haunted Bitcoin.</p><p>Due to the anonymity and untraceability of Bitcoin, after the invention of Bitcoin, it was often used for criminal acts such as money laundering and dark web transactions. In May 2017, the ransomware virus \"WannaCry\" affected more than 200,000 devices in at least more than 150 countries, requiring users to use Bitcoin to pay ransom to circumvent tracing.</p><p>There are even claims that the market value of Bitcoin is about equal to the scale of global demand for criminal behavior.</p><p>China Internet Finance Association once warned of risks, saying that so-called \"virtual currencies\" such as Bitcoin lack a clear value basis, the market has a strong speculative atmosphere, and the prices fluctuate drastically. Investors blindly follow the trend and speculate, which is easy to cause capital losses. Investors need to strengthen their awareness of risk prevention. It is worth noting that so-called \"virtual currencies\" such as Bitcoin have increasingly become tools for illegal and criminal activities such as money laundering, drug trafficking, smuggling and illegal fund-raising.</p><p>On February 26th this year, US Treasury Secretary Yellen also publicly cooled Bitcoin.</p><p>\"There are still important questions about the legitimacy and stability of Bitcoin.\" Yellen said, \"I don't think Bitcoin can be widely used as a trading mechanism. To some extent, I am worried that it will usually be used for illegal financing. Trading with it is an extremely inefficient way, and processing transactions requires a surprising amount of electricity.\"</p><p>At the same time, she reminded that Bitcoin is a highly speculative asset. \"People should realize that it may fluctuate greatly, and I do worry that investors may suffer potential losses.\"</p><p><b>\"Bitcoin Faith\" VS Regulatory Policy</b></p><p>Citi also pointed out in the above report that the change of regulatory policy will be the biggest risk for Bitcoin. If regulations are tightened, some speculative money will return to the gold market.</p><p>On March 15th, brokerage China quoted media reports that India plans to legislate to ban cryptocurrency and punish trading and even holding cryptocurrency. The new law will give cryptocurrency holders six months to liquidate such assets. Bitcoin dived $2,000 when he heard the news.</p><p>\"Old deer\" does not deny the strong speculative characteristics of Bitcoin. But he believes that Bitcoin already has enough holders worldwide that it will be hard to die. And with some corporate and institutional investors continuing to join, Bitcoin prices are expected to continue to hit new highs. He believes that if we want to completely suppress Bitcoin, we need a unified regulatory opinion from global regulators, but this is almost impossible.</p><p>Bi Tongtong believes that the follow-up trend of Bitcoin also mainly depends on the regulatory policies of various countries. \"At present, the compliance channels for traditional institutions to enter the market are relatively limited. Canada first launched Bitcoin ETF. If the United States applies for Bitcoin ETF this year and opens up more compliance entry channels, it will be a great benefit to Bitcoin.\"</p><p>\"The popularity of cryptocurrency has the potential to push the government to implement stricter regulation. The government may implement regulation due to two important factors: protecting consumers and ensuring the effectiveness of policies. Although regulation will not completely incapacitate cryptocurrency, it may change the investment proposition and goals of cryptocurrency, and even change its investment performance.\" The World Gold Council said in its latest study released at the end of February.</p><p>In December 2017, Pan Gongsheng, deputy governor of the People's Bank of Bitcoin, said at a public event that it was a decisive and correct decision for the regulators to close China's trading platform and stop ICO.</p><p>He quoted the article of French scholar Éric Pichet as saying, \"The Bitcoin bubble is just the latest incarnation of crazy speculation. Historically, crazy speculation has hit the financial market from time to time, such as the 'Tulip Mania' in 1637 and the Internet bubble in 2000. No one can predict the duration of speculation and where the top will be.\"</p><p>\"The irrationality of the market can be long enough to bankrupt you,\" Mr Pan said. \"Therefore, there is only one thing to do: sit by the river and watch, and one day, the body of Bitcoin will float by you.\"</p><p>\"One day everyone thinks that Bitcoin is just a set of symbols and has no meaning, and it may be completely worthless.\" Huang Yiping, a senior professor at the National Development Institute of Peking University, said in a recent dialogue with Tencent Atomic Think Tank that cryptocurrency itself has no intrinsic value. \"If we think it's worth it, it's worth it; if we think it's not, it's not worth it.\"</p><p>\"Bitcoin Faith\" is often talked about by admirers. In the view of an industry practitioner, the so-called \"Bitcoin Faith\" is nothing more than a rhetoric to lobby more investors to join this game.</p><p>\"If the price in Bitcoin hasn't risen in the past ten years, how can there be any belief?\" Wang Shuai said.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/822c9eb58d8760a04d809fa31d9c0f34","relate_stocks":{"TSLA":"特斯拉","GBTC":"比特币ETF-Grayscale"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148898512","content_text":"“我偶尔也会幻想一下，如果当初那200枚比特币没卖，现在身家也有近8000万元了。”3月14日，在比特币盘中价格一度涨破6万美元/枚大关、创下历史新高之际，投资者汪帅（化名）对作者表示。\n2013年就接触到比特币的汪帅，以人民币8000元入场，遇到币圈牛市行情，手中的比特币从15枚翻到200枚，最终在2015年末2000元-3000元的行情中抛掉，落袋为安的钱付了房子首付、买了辆车。\n“不过，即使那时候不卖，到后面涨到1万元时我也肯定会跑，对这东西心里没底。”汪帅补充道。\n“如果能穿越回十年前，一定要卖房买比特币。”在创下历史新高的比特币价格下，大量网友扼腕顿足，遗憾自己曾经错失财富自由的机会。\n市场人士对这样的情景并不陌生。过去十年间，类似的声音在比特币价格每次刷新纪录之际总会密集出现。\n诞生十二年来，比特币价格暴涨2467万倍。哪怕一位投资者在十年前拿出100元买入比特币并持有至今，其市值也超过500万元。无论是茅台股价还是北京、上海、深圳的房价，在比特币的涨幅面前都不值一提。\n今年以来，特斯拉创始人马斯克等更是亲自为比特币“带货”，也有其他企业陆续跟进，推动比特币价格不断再创新高。\n但大多数人仍对近期比特币的暴涨神话感到不可思议，其间的逻辑究竟是什么？更重要的是，已经“顶破天际”的比特币价格还会继续一路向上吗？\n华尔街机构成比特币主要购买力\n3月15日，特斯拉提交给美国证券交易委员会的文件显示，首席执行官马斯克及首席财务官分别多了一个新头衔：马斯克兼任特斯拉电音大王（Technoking of Tesla），首席财务官兼任“代币大师”（Master of Coin）。\n\n这或许与特斯拉近期出手比特币有关。今年2月8日，特斯拉披露，公司已购买价值15亿美元的比特币，并计划在不久后接受客户使用比特币购买特斯拉。\n在社交媒体上，马斯克拥有超过4800万粉丝，尤其在年轻一代投资者中极具号召力。马斯克亲自为比特币“带货”，以及市场预期后续其他公司也将效仿，推动比特币价格不断攀升。\n据市场测算，“炒币”一个月，特斯拉浮盈已经超过9亿美元，这比2020年全年卖车的净利润7.21亿美元更高。\n特斯拉购入比特币的举动，成为美国企业投资者的代表动作。\n“当通货膨胀率上升，更多公司决定将其现金余额的一小部分分散到比特币而不是现金中的话，那么流入比特币的涓涓细流将成为洪流。”在2021年年初给投资人的信中，美股知名基金经理比尔·米勒(Bill Miller)公开表示对比特币的看好。\n在全球央行为缓解疫情带来的影响大放水之际，比特币这一独立于央行体系的资产被赋予对抗通胀的期待。尤其在近日，美国通过1.9万亿美元刺激法案，被认为是促使部分机构投资者增加在比特币配置的重要因素。\n去年5月，对冲基金巨头都铎投资公司创始人兼首席投资官保罗·都铎·琼斯表示，将2%的资产投资于比特币。他担心全球各地都在印钞以缓解疫情，将导致前所未见的通胀。而他将购买比特币比作在即将到来的通货膨胀竞赛中“拥有最快的马匹”。\n区块链资讯平台PAnews主编毕彤彤表示，即便比特币价格在近期创下6万美元新高，但其总市值远不及黄金，此前更小。“盆满则溢，由于比特币的市场规模小，在全球央行放水背景下，资金涌入比特币的涨幅会远远超过黄金。此外，放水后资金也更青睐比特币、股票等风险资产。”\n随着客户的兴趣增加，华尔街的各大投行也开始研究相关的服务以满足用户需求。机构客户开始进场并成为主要的购买力。据市场统计，目前已公开的机构比特币持仓已超过136万枚，占总供应量的6.5%。\n世界黄金协会中国区董事总经理王立新对作者表示，由于比特币总量固定，而且挖矿难度飙升，市场规模又小，在资金涌入时价格必然飙升。“这是由供需关系决定的。”\n随着比特币价格创下新纪录，市场中的投资者结构也有所变化。据毕彤彤观察，过往比特币价格突破2万、3万、4万以及5万美元时，代表美国力量的Coinbase交易所均有明显溢价。但近日，Coinbase的溢价为负且主要的推动力来自稳定币，相比之下亚洲的交易所有明显溢价，这说明，近日的上涨主要来自亚洲市场和散户力量。\n华尔街明星基金经理方舟投资（ARK Invest）创办人凯瑟琳·伍德在去年底更是放话，称如果对冲基金这样的机构都为比特币配置5%左右的资金，比特币可能会涨至40万至50万美元之间。\n她的理由是，比特币正在成为一种被接受的资产类别。华尔街各机构一直在加大对比特币的投资。“开始时分配的百分比是0.5%，然后是1%，再然后是5%左右。”\n比特币能否挑战黄金地位？\n3月初花旗研究团队一份报告中称，随着散户和机构投资者对比特币等数字货币的追捧，已经出现了对比特币有利、但不利于黄金的趋势，这种趋势越来越难以忽视。\n比特币的去中心化发行以及稀缺性特征与黄金相似，因此一些投资者将比特币称为“数字黄金”。2020年至今，比特币一度从5300美元左右上涨超10倍至5.64万美元，仅2021年涨幅也超过一倍。同期2020年黄金最大涨幅超过30%，2021年开年以来则下跌8.7%。\n王立新明确对作者表示，不能从价格波动来判断比特币对黄金的地位产生威胁。两者职能不同，尽管都属于供应稀缺性的非信用资产，但黄金是提供长期可靠回报的金融资产。黄金和市场主要金融资产的相关度很低，能起到分散风险的作用。在投资组合中配置一部分黄金，能够有效降低投资组合的波动率。而比特币短期做不到。\n王立新指出，黄金是经过历史长期验证的避险资产，黄金市场可以提供非常好的流动性。而比特币作为特殊的数字化金融资产，其市场规模仍然不大，持有大量比特币的投资机构在想卖的时候会导致市场价格暴跌，很难卖出去。\n与比特币尤为不同的是，黄金是在明确监管体系下，主要交易市场由各中央银行监管下的交易所交易，更加安全。还得看到，黄金是各个中央银行的重要储备资产，并且是货币锚定标准的首选资产。\n世界黄金协会指出，黄金是具有相当深度和高度流动性的市场。调查显示，投资者更多将比特币视为投机性资产，而将黄金视为保护财富的手段。\n“我们的研究结果显示，如果投资组合中添加了比特币，则更需要相应提高黄金的配置。”王立新介绍。\n毕彤彤表示，黄金是物理的价值储藏工具，而人类从物理世界到数字世界的迁徙才刚刚开始，比特币因为总量恒定、低通胀、易分割，将代表着数字时代的价值储藏方式。相比黄金经历了几千年的历程，比特币还刚刚起步，面临的风险和挑战同样也是巨大的，一切的价值都需要交给时间来做最终检验。\n“在数字化时代，比特币作为一种新的逻辑的金融资产被创造出来，它是否有用取决于人们是否相信它，而它能否被历史证明，现在下结论还太早。”王立新表示。\n投资者“赌徒心理很重”\n近十年间，如潮汐般，投资者每一次涌入比特币，都是由于其价格暴涨后的暴富故事所带来的刺激。\n汪帅告诉作者，自己在2013年末第一次接触比特币时，便是办公室讨论起有这样一种资产，价格在一年间就上涨了上百倍。此后购买其他虚拟币也是看中其短期暴涨可能。幸运的是，他购买的虚拟币上涨十倍，而同事购买的虚拟币则完全归零。\n投资者“老鹿吃鲸”（下称“老鹿”）告诉作者，尽管比特币价格暴涨，但鲜少有个人投资者赚到钱，更多的投资者在其中爆仓。“赌徒心理很重，不少人杠杆倍数很高，无法经受比特币的大幅波动。”\n在老鹿看来，扛不住20%回撤的都属于高杠杆。而且投资比特币只能作为资产配置的一小部分。“即便这部分钱全部损失了，对自己的生活也不会有影响。但大多数投资者做不到。”\n一位不愿具名的业界专家介绍，对比特币的估值没有标准。尽管在发现比特币的过程中需要大量电力消耗、矿机成本乃至人力投入，但更多在于参与者对其预期以及炒作资金涌入带来的上涨。由于比特币缺乏价值基础，一旦有监管或者风吹草动都可能会引起大幅波动。\n以2020年3月12日为例，当天比特币价格从8000美元跌至3150美元，跌幅达60%。大批投资者爆仓，无奈割肉离场。\n“你只能寄希望于有其他买家愿意出更高的价格购买，但之后这位买家也会陷入困境。”在2020年2月接受CNBC采访时，“股神”巴菲特谈及比特币时表示。\n巴菲特多次表达对比特币的厌恶。2019年2月，巴菲特在接受采访时表示，虚拟货币和土地或公司股票不同，不是增值资产，虚拟货币的价值依赖于更多的人进场。因此，投资者对虚拟货币的需求是唯一的价格决定因素，使数字货币成为“骗子”的便利工具。加密货币根本没有任何独特的价值，它基本上就是一种幻想，还称比特币吸引的是骗子。\n这似乎是一场击鼓传花的游戏，但眼下，在比特币能够不断突破纪录的预期下，投资者们仍在源源不断涌入。\n此外，能源消耗、非法交易以及投机氛围过浓等指责始终萦绕在比特币上方。\n由于比特币的匿名及不可追踪等特征，在比特币发明后，便时常被用于洗钱、暗网交易等犯罪行为。2017年5月， 勒索病毒“WannaCry”造成至少150多个国家的20多万台设备受到影响，该病 毒要求用户使用比特币支付赎金，以规避追查。\n甚至有说法称，比特币的市值，约等于全球犯罪行为的需求规模。\n中国互联网金融协会曾提示风险称，比特币等所谓“虚拟货币”缺乏明确的价值基础，市场投机气氛浓厚，价格波动剧烈，投资者盲目跟风炒作，易造成资金损失，投资者需强化风险防范意识。值得注意的是，比特币等所谓“虚拟货币”日益成为洗钱、贩毒、走私、非法集资等违法犯罪活动的工具。\n今年2月26日，美国财长耶伦也公开给比特币降温。\n“比特币的合法性和稳定性仍然存在重要问题。”耶伦表示，“我不认为比特币能被广泛用作交易机制。在某种程度上讲，我担心它通常会被用于非法融资。用它进行交易是一种极其低效的方式，处理交易需要消耗惊人的电量。”\n她同时提醒，比特币是一种高度投机的资产，“人们应该意识到它可能会大幅波动，而且我确实担心投资者可能遭受潜在损失。”\n“比特币信仰”VS监管政策\n花旗在上述报告中同时指出，监管政策的改变将是比特币最大风险。如果监管收紧，部分投机性的资金将回到黄金市场。\n3月15日，券商中国援引媒体报道称，印度拟立法禁止加密货币，惩罚交易、甚至是持有加密货币。新法律将给加密货币持有者6个月的时间清算此类资产。比特币闻讯跳水2000美元。\n“老鹿”并不否认比特币投机色彩浓烈的特点。但他认为，比特币在全球范围内已经拥有足够多的持有者，已经很难消亡了。而随着一些企业及机构投资者继续加入，比特币价格有望继续创下新高。他认为，如果想要彻底打压比特币，需要全球监管达成统一的监管意见，但这几乎不可能做到。\n毕彤彤认为，比特币后续走势也主要看各国监管政策。“目前传统机构入场的合规渠道比较有限。加拿大首先上线了比特币ETF，如果美国今年通过比特币ETF申请，开拓更多的合规入场渠道，对比特币将是极大的利好。”\n“加密货币的普及有可能推动政府实施更严格的监管。政府可能出于保护消费者和确保政策效力两种重要因素而实施监管。尽管监管并不会使加密货币完全丧失生存能力，但有可能改变加密货币的投资主张和目标，甚至有可能改变其投资绩效。”世界黄金协会在2月末发布的最新研究中称。\n2017年12月，中国人民银行副行长潘功胜在出席公开活动时表示，监管层关闭比特币交易平台、叫停ICO是果断、正确的决定。\n他引用法国学者埃里克·皮谢的文章称，“比特币泡沫不过是疯狂投机的一个最新化身。历史上疯狂投机时不时地会冲击金融市场，如1637年的’郁金香狂热’、2000年的互联网泡沫等。没人能预言投机风潮的持续时间长短和顶部在哪里。”\n“市场非理性的时间可以长到让你破产，”潘功胜表示，“因此，只有一件事能做了：坐在河边看，总有一天，比特币的尸体会从你面前漂过。”\n“哪一天大家觉得比特币就是一组符号、没有任何意义，它也许就完全不值钱了。”北京大学国家发展研究院资深教授黄益平在近日与“腾讯·原子智库”对话时表示，加密货币本身没有内在价值。“我们认为它值钱，它就值钱；我们认为它不值钱，就不值钱。”\n“比特币信仰”时常被推崇者挂在嘴边。在一位业界从业者看来，所谓“比特币信仰”，无非是为了游说更多投资人加入到这场游戏的说辞而已。\n“如果比特币这十年价格没涨，哪儿还有什么信仰？”汪帅说道。","news_type":1,"symbols_score_info":{"GBTC":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322894316,"gmtCreate":1615792022235,"gmtModify":1704786529261,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Noted thanks","listText":"Noted thanks","text":"Noted thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322894316","repostId":"1136225097","repostType":4,"repost":{"id":"1136225097","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615192483,"share":"https://ttm.financial/m/news/1136225097?lang=en_US&edition=fundamental","pubTime":"2021-03-08 16:34","market":"hk","language":"zh","title":"U.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier","url":"https://stock-news.laohu8.com/highlight/detail?id=1136225097","media":"老虎资讯综合","summary":"美东时间3月14日2:00（北京时间3月14日起），北美地区开始实行夏令时，美股市场开盘和收盘均将提前一小时，至美东时间2021年11月7日结束。即美股交易时间更改为北京时间21:30至次日凌晨04:","content":"<p>At 2:00 EST on March 14th (from March 14th, Beijing time), daylight saving time will be implemented in North America, and the U.S. stock market will open and close one hour earlier, ending on November 7th, 2021 EST.</p><p>That is, the trading hours of U.S. stocks are changed from 21:30 Beijing time to 04:00 the next morning, the pre-market trading hours are 16:00 to 21:30, and the after-market trading hours are 04:00 to 08:00. March 15th is the first trading day of U.S. stocks after entering daylight saving time.</p><p>Winter time in Europe will officially end on March 28th, Beijing time, and switch to daylight saving time.</p><p><b>Background Supplement:</b></p><p>Summer time, also known as Daylight saving time and Summer time, is a system that artificially defines regional time to save energy. The uniform time used during the implementation of the system is called \"daylight saving time\". Generally, in early dawn summer, artificially advance the time by one hour, which can make people get up early and go to bed early to reduce the amount of lighting, so as to make full use of sunlight and save electricity.</p><p>It is understood that \"daylight saving time\" in the United States originated in 1918. At that time, the United States first implemented summer time when it entered World War I, but it was cancelled immediately after the war and restored again in 1966.</p><p>The implementation of summer time in the United States is completely determined by states and counties, not by the federal government. Daylight saving time is currently in effect in the vast majority of the United States. Areas in the United States that do not have daylight saving time include: most of Arizona, but a small part of the northeast of the state uses daylight saving time; Hawaii; Puerto Rico and the Virgin Islands; American Samoa, Guam and the Northern Mariana Islands.<img src=\"https://static.tigerbbs.com/2b3c5afcedf9e4a595b7e8bdffd98507\" tg-width=\"1920\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-08 16:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>At 2:00 EST on March 14th (from March 14th, Beijing time), daylight saving time will be implemented in North America, and the U.S. stock market will open and close one hour earlier, ending on November 7th, 2021 EST.</p><p>That is, the trading hours of U.S. stocks are changed from 21:30 Beijing time to 04:00 the next morning, the pre-market trading hours are 16:00 to 21:30, and the after-market trading hours are 04:00 to 08:00. March 15th is the first trading day of U.S. stocks after entering daylight saving time.</p><p>Winter time in Europe will officially end on March 28th, Beijing time, and switch to daylight saving time.</p><p><b>Background Supplement:</b></p><p>Summer time, also known as Daylight saving time and Summer time, is a system that artificially defines regional time to save energy. The uniform time used during the implementation of the system is called \"daylight saving time\". Generally, in early dawn summer, artificially advance the time by one hour, which can make people get up early and go to bed early to reduce the amount of lighting, so as to make full use of sunlight and save electricity.</p><p>It is understood that \"daylight saving time\" in the United States originated in 1918. At that time, the United States first implemented summer time when it entered World War I, but it was cancelled immediately after the war and restored again in 1966.</p><p>The implementation of summer time in the United States is completely determined by states and counties, not by the federal government. Daylight saving time is currently in effect in the vast majority of the United States. Areas in the United States that do not have daylight saving time include: most of Arizona, but a small part of the northeast of the state uses daylight saving time; Hawaii; Puerto Rico and the Virgin Islands; American Samoa, Guam and the Northern Mariana Islands.<img src=\"https://static.tigerbbs.com/2b3c5afcedf9e4a595b7e8bdffd98507\" tg-width=\"1920\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2b3c5afcedf9e4a595b7e8bdffd98507","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136225097","content_text":"美东时间3月14日2:00（北京时间3月14日起），北美地区开始实行夏令时，美股市场开盘和收盘均将提前一小时，至美东时间2021年11月7日结束。即美股交易时间更改为北京时间21:30至次日凌晨04:00，盘前交易时间为16:00至21:30，盘后交易时间为04:00至08:00。3月15日为进入夏令时后美股首个交易日。欧洲地区的冬令时时间将会在北京时间 3月28日正式结束，转为夏令时时间。背景补充：夏时制，又称日光节约时制（英语：Daylight saving time）和夏令时间（英语：Summer time），是一种为节约能源而人为规定地区时间的制度。该制度实行期间所采用的统一时间称为“夏令时”。一般在天亮早的夏季人为将时间提前1小时，这样可使人早起早睡减少照明量，以充分利用日光节约用电。据了解，美国“夏令时”起源于1918年，当时的美国在参加第一次世界大战时首次实行夏时制，但战后立即取消，与1966年再次恢复。美国夏时制的实行与否，完全由各州、各县自行决定，不由联邦政府统一规定。目前美国绝大部分地区实行夏令时，美国不实行夏令时的地区包括：亚利桑那州大部分地区，但该州东北的一小部分使用夏令时；夏威夷州；波多黎各和维京群岛；美属萨摩亚、关岛和北马里亚纳群岛。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328464664,"gmtCreate":1615552966958,"gmtModify":1704784451596,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328464664","repostId":"1136225097","repostType":4,"repost":{"id":"1136225097","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615192483,"share":"https://ttm.financial/m/news/1136225097?lang=en_US&edition=fundamental","pubTime":"2021-03-08 16:34","market":"hk","language":"zh","title":"U.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier","url":"https://stock-news.laohu8.com/highlight/detail?id=1136225097","media":"老虎资讯综合","summary":"美东时间3月14日2:00（北京时间3月14日起），北美地区开始实行夏令时，美股市场开盘和收盘均将提前一小时，至美东时间2021年11月7日结束。即美股交易时间更改为北京时间21:30至次日凌晨04:","content":"<p>At 2:00 EST on March 14th (from March 14th, Beijing time), daylight saving time will be implemented in North America, and the U.S. stock market will open and close one hour earlier, ending on November 7th, 2021 EST.</p><p>That is, the trading hours of U.S. stocks are changed from 21:30 Beijing time to 04:00 the next morning, the pre-market trading hours are 16:00 to 21:30, and the after-market trading hours are 04:00 to 08:00. March 15th is the first trading day of U.S. stocks after entering daylight saving time.</p><p>Winter time in Europe will officially end on March 28th, Beijing time, and switch to daylight saving time.</p><p><b>Background Supplement:</b></p><p>Summer time, also known as Daylight saving time and Summer time, is a system that artificially defines regional time to save energy. The uniform time used during the implementation of the system is called \"daylight saving time\". Generally, in early dawn summer, artificially advance the time by one hour, which can make people get up early and go to bed early to reduce the amount of lighting, so as to make full use of sunlight and save electricity.</p><p>It is understood that \"daylight saving time\" in the United States originated in 1918. At that time, the United States first implemented summer time when it entered World War I, but it was cancelled immediately after the war and restored again in 1966.</p><p>The implementation of summer time in the United States is completely determined by states and counties, not by the federal government. Daylight saving time is currently in effect in the vast majority of the United States. Areas in the United States that do not have daylight saving time include: most of Arizona, but a small part of the northeast of the state uses daylight saving time; Hawaii; Puerto Rico and the Virgin Islands; American Samoa, Guam and the Northern Mariana Islands.<img src=\"https://static.tigerbbs.com/2b3c5afcedf9e4a595b7e8bdffd98507\" tg-width=\"1920\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-08 16:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>At 2:00 EST on March 14th (from March 14th, Beijing time), daylight saving time will be implemented in North America, and the U.S. stock market will open and close one hour earlier, ending on November 7th, 2021 EST.</p><p>That is, the trading hours of U.S. stocks are changed from 21:30 Beijing time to 04:00 the next morning, the pre-market trading hours are 16:00 to 21:30, and the after-market trading hours are 04:00 to 08:00. March 15th is the first trading day of U.S. stocks after entering daylight saving time.</p><p>Winter time in Europe will officially end on March 28th, Beijing time, and switch to daylight saving time.</p><p><b>Background Supplement:</b></p><p>Summer time, also known as Daylight saving time and Summer time, is a system that artificially defines regional time to save energy. The uniform time used during the implementation of the system is called \"daylight saving time\". Generally, in early dawn summer, artificially advance the time by one hour, which can make people get up early and go to bed early to reduce the amount of lighting, so as to make full use of sunlight and save electricity.</p><p>It is understood that \"daylight saving time\" in the United States originated in 1918. At that time, the United States first implemented summer time when it entered World War I, but it was cancelled immediately after the war and restored again in 1966.</p><p>The implementation of summer time in the United States is completely determined by states and counties, not by the federal government. Daylight saving time is currently in effect in the vast majority of the United States. Areas in the United States that do not have daylight saving time include: most of Arizona, but a small part of the northeast of the state uses daylight saving time; Hawaii; Puerto Rico and the Virgin Islands; American Samoa, Guam and the Northern Mariana Islands.<img src=\"https://static.tigerbbs.com/2b3c5afcedf9e4a595b7e8bdffd98507\" tg-width=\"1920\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2b3c5afcedf9e4a595b7e8bdffd98507","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136225097","content_text":"美东时间3月14日2:00（北京时间3月14日起），北美地区开始实行夏令时，美股市场开盘和收盘均将提前一小时，至美东时间2021年11月7日结束。即美股交易时间更改为北京时间21:30至次日凌晨04:00，盘前交易时间为16:00至21:30，盘后交易时间为04:00至08:00。3月15日为进入夏令时后美股首个交易日。欧洲地区的冬令时时间将会在北京时间 3月28日正式结束，转为夏令时时间。背景补充：夏时制，又称日光节约时制（英语：Daylight saving time）和夏令时间（英语：Summer time），是一种为节约能源而人为规定地区时间的制度。该制度实行期间所采用的统一时间称为“夏令时”。一般在天亮早的夏季人为将时间提前1小时，这样可使人早起早睡减少照明量，以充分利用日光节约用电。据了解，美国“夏令时”起源于1918年，当时的美国在参加第一次世界大战时首次实行夏时制，但战后立即取消，与1966年再次恢复。美国夏时制的实行与否，完全由各州、各县自行决定，不由联邦政府统一规定。目前美国绝大部分地区实行夏令时，美国不实行夏令时的地区包括：亚利桑那州大部分地区，但该州东北的一小部分使用夏令时；夏威夷州；波多黎各和维京群岛；美属萨摩亚、关岛和北马里亚纳群岛。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360206618,"gmtCreate":1613917003534,"gmtModify":1704885911871,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360206618","repostId":"1142451017","repostType":4,"repost":{"id":"1142451017","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1613877200,"share":"https://ttm.financial/m/news/1142451017?lang=en_US&edition=fundamental","pubTime":"2021-02-21 11:13","market":"us","language":"zh","title":"Global Markets Ahead of a Critical Moment – Powell Testimony","url":"https://stock-news.laohu8.com/highlight/detail?id=1142451017","media":"Wind万得","summary":"香港万得通讯社报道，未来一周的重大事件是美联储鲍威尔的证词。鲍威尔将于周二和周三分别在参议院银行委员会和众议院金融服务委员会就经济问题发表半年度证词。市场预计他将讨论利率前景的问题，以及对通胀可能开始","content":"<p>Hong Kong's Wind News Agency reports that the big event in the coming week is the testimony of Powell from the Federal Reserve. Powell will give his semi-annual testimony on economic issues before the Senate Banking Committee and the House Financial Services Committee on Tuesday and Wednesday, respectively. Markets expect him to discuss questions about the outlook for interest rates, as well as concerns that inflation may start to pick up.</p><p>Powell's congressional testimony is also related to the release of the Fed's semi-annual monetary policy report, so there should in theory be substantive guidance on how the Fed sees the path of monetary policy development. The recent surge in retail sales and industrial production figures, progress on Biden's $1.9 trillion stimulus package, apparent positive momentum in the vaccine plan, and growing awareness that inflation is set to rise sharply all mean that this path will be a tricky one for Powell. To say that the economy remains weak and risks tend to go downward is very inconsistent with the current situation, but he doesn't want to sound too optimistic either, because it could trigger a further sharp rise in US Treasury Bond yields, thus hampering the recovery and leading to broader market volatility. Therefore, the market wants to see a cautiously positive tone, such as also highlighting the risks in terms of potential vaccine rollout issues and some potential threats of the pandemic. He is likely to curb rhetoric about scaling back his quantitative easing in the short term.</p><p>Mark Cabana, head of U.S. interest rate strategy at Bank of America, said, \"He will have to admit that the data is improving and the pandemic situation has improved a lot.\"\"It's hard for him to sound as dovish as he used to be.\" But Powell is expected to continue to emphasize that the Fed will keep interest rates low for a long time and maintain its easing policies to help the economy.</p><p>\"Powell will stick to his own script. The script is that MPs need to continue to provide support for the economy. He will support the government's efforts to pass a big plan, \"said Mark Zandi, chief economist at Moody's Analytics. \"The market had expected a recovery in the second half of the year, but I think the second quarter will be very strong because people will change behavior,\" he said.</p><p>Some economists raised their first-quarter U.S. GDP forecasts last week, in part due to a surprisingly sharp 5.3% jump in retail sales in January. Goldman Sachs raised its first-quarter growth rate to 6%, and Morgan Stanley said it expects first-quarter growth of 7.5%.</p><p>Ed Keon, chief investment strategist at QMA, says caution about saving and not spending will disappear sooner than the market previously thought. Now may see a 10% GDP figure in the second or third quarter. It's also because we might get a massive economic stimulus package. He said investors underestimated that economic activity should start surging in March and will accelerate in the second and third quarters as more people resume eating out and other activities. He believes the world is going to be much different than it has been in the past 12 months, so he is still overweight. The size of the U.S. economy was about $21 trillion last year. American households now have about $1.5 trillion in excess savings, while the stimulus package could reach around $1.2 trillion or $1.6 trillion.</p><p>Expectations of a strong economic rebound have helped push interest rates higher over the past week. Despite the volatile trend of major U.S. stock indexes, sectors that performed well in the rally, such as financials, aviation and industrials, outperformed and led the broader market. This is called reflation trading. Some strategists expect reflation trading to continue as there are signs that the U.S. economy may continue to rebound.</p><p>The S&P 500 fell 0.7% for the week to 3,906 and the Dow edged up 0.1% to 31,494. The Nasdaq is down 1.57% on the week to 13,874.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Markets Ahead of a Critical Moment – Powell Testimony</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Markets Ahead of a Critical Moment – Powell Testimony\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2021-02-21 11:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Hong Kong's Wind News Agency reports that the big event in the coming week is the testimony of Powell from the Federal Reserve. Powell will give his semi-annual testimony on economic issues before the Senate Banking Committee and the House Financial Services Committee on Tuesday and Wednesday, respectively. Markets expect him to discuss questions about the outlook for interest rates, as well as concerns that inflation may start to pick up.</p><p>Powell's congressional testimony is also related to the release of the Fed's semi-annual monetary policy report, so there should in theory be substantive guidance on how the Fed sees the path of monetary policy development. The recent surge in retail sales and industrial production figures, progress on Biden's $1.9 trillion stimulus package, apparent positive momentum in the vaccine plan, and growing awareness that inflation is set to rise sharply all mean that this path will be a tricky one for Powell. To say that the economy remains weak and risks tend to go downward is very inconsistent with the current situation, but he doesn't want to sound too optimistic either, because it could trigger a further sharp rise in US Treasury Bond yields, thus hampering the recovery and leading to broader market volatility. Therefore, the market wants to see a cautiously positive tone, such as also highlighting the risks in terms of potential vaccine rollout issues and some potential threats of the pandemic. He is likely to curb rhetoric about scaling back his quantitative easing in the short term.</p><p>Mark Cabana, head of U.S. interest rate strategy at Bank of America, said, \"He will have to admit that the data is improving and the pandemic situation has improved a lot.\"\"It's hard for him to sound as dovish as he used to be.\" But Powell is expected to continue to emphasize that the Fed will keep interest rates low for a long time and maintain its easing policies to help the economy.</p><p>\"Powell will stick to his own script. The script is that MPs need to continue to provide support for the economy. He will support the government's efforts to pass a big plan, \"said Mark Zandi, chief economist at Moody's Analytics. \"The market had expected a recovery in the second half of the year, but I think the second quarter will be very strong because people will change behavior,\" he said.</p><p>Some economists raised their first-quarter U.S. GDP forecasts last week, in part due to a surprisingly sharp 5.3% jump in retail sales in January. Goldman Sachs raised its first-quarter growth rate to 6%, and Morgan Stanley said it expects first-quarter growth of 7.5%.</p><p>Ed Keon, chief investment strategist at QMA, says caution about saving and not spending will disappear sooner than the market previously thought. Now may see a 10% GDP figure in the second or third quarter. It's also because we might get a massive economic stimulus package. He said investors underestimated that economic activity should start surging in March and will accelerate in the second and third quarters as more people resume eating out and other activities. He believes the world is going to be much different than it has been in the past 12 months, so he is still overweight. The size of the U.S. economy was about $21 trillion last year. American households now have about $1.5 trillion in excess savings, while the stimulus package could reach around $1.2 trillion or $1.6 trillion.</p><p>Expectations of a strong economic rebound have helped push interest rates higher over the past week. Despite the volatile trend of major U.S. stock indexes, sectors that performed well in the rally, such as financials, aviation and industrials, outperformed and led the broader market. This is called reflation trading. Some strategists expect reflation trading to continue as there are signs that the U.S. economy may continue to rebound.</p><p>The S&P 500 fell 0.7% for the week to 3,906 and the Dow edged up 0.1% to 31,494. The Nasdaq is down 1.57% on the week to 13,874.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d92849ddf94d54bf9e6af60671fe1ef1","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142451017","content_text":"香港万得通讯社报道，未来一周的重大事件是美联储鲍威尔的证词。鲍威尔将于周二和周三分别在参议院银行委员会和众议院金融服务委员会就经济问题发表半年度证词。市场预计他将讨论利率前景的问题，以及对通胀可能开始加剧的担忧。\n鲍威尔国会证词也与美联储半年度货币政策报告的发布有关，因此理论上应该会有实质性的指引，说明美联储如何看待货币政策的发展道路。最近零售额和工业生产数据的激增、拜登 1.9万亿美元刺激计划的进展、疫苗计划的明显积极势头，以及人们日益意识到通胀将大幅上升，这些都意味着，对鲍威尔来说，这条道路将是一条棘手的道路。如果要说经济依然疲弱，风险倾向于下行，那就非常和目前情形不符合，但他也不希望听起来过于乐观，因为这可能引发美国国债收益率进一步大幅走高，从而阻碍复苏，并导致更广泛的市场波动。因此，市场希望看到一种谨慎积极的基调，比如也强调了潜在的疫苗推广问题和疫情的一些潜在威胁方面的风险。他可能会在短期内抑制有关缩减量化宽松的言论。\n美国银行美国利率策略部主管Mark Cabana称，\"他将不得不承认数据正在改善，疫情状况也有很大改善。\"“对他来说，要让自己听起来像过去那样鸽派是很难的。” 但鲍威尔预计将继续强调，美联储将在很长一段时间内保持低利率，并维持其宽松政策，以帮助经济。\n″鲍威尔将坚持其自己的剧本。脚本是议员们需要继续为经济提供支持。他将支持政府通过一项大型计划的努力，”穆迪分析公司(Moody 's Analytics)首席经济学家马克•赞迪(Mark Zandi)表示。\"市场曾预期下半年会出现复苏，但我认为第二季将非常强劲，因为人们会改变行为，\"他说。\n一些经济学家上周上调了对美国第一季度GDP的预测，部分原因是1月份零售额意外大幅增长5.3%。高盛将第一季度增长率上调至6%，摩根士丹利(Morgan Stanley)表示，预计第一季度增长率为7.5%。\nQMA首席投资策略师埃德•基翁(Ed Keon)说在储蓄和不消费方面的谨慎，将比市场之前想象的更快地消失。现在可能会在第二或第三季度看到10%的GDP数字。这也是因为我们可能会得到一个大规模的经济刺激计划。他表示，投资者低估了经济活动应于3月开始激增，随着更多的人恢复外出就餐和其他活动，经济活动将在第二季和第三季加速。他认为，世界将会与过去12个月大不相同，因此仍在增持股票。去年美国经济规模约为21万亿美元。美国家庭现在有大约1.5万亿美元的多余储蓄，而经济刺激计划可能会达到1.2万亿或1.6万亿美元左右。\n过去一周，对经济强劲反弹的预期帮助推高了利率。尽管美国主要股指呈震荡趋势，但在反弹中表现良好的板块，如金融、航空和工业表现突出，领跑大盘。这被称为通货再膨胀交易。有策略师预计，通货再膨胀交易将继续，因为有迹象表明，美国经济可能会继续反弹。\n标准普尔500指数本周下跌0.7%，至3,906点，道琼斯指数小幅上涨0.1%，至31,494点。纳斯达克指数本周下跌1.57%，至13,874点。","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316720667,"gmtCreate":1611957422159,"gmtModify":1704866622867,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/316720667","repostId":"1148323876","repostType":4,"repost":{"id":"1148323876","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1611936378,"share":"https://ttm.financial/m/news/1148323876?lang=en_US&edition=fundamental","pubTime":"2021-01-30 00:06","market":"hk","language":"zh","title":"News says Aauto Quicker IPO is priced at HK$115/share, which is at the top of the guidance range","url":"https://stock-news.laohu8.com/highlight/detail?id=1148323876","media":"老虎资讯综合","summary":"据彭博报道，快手科技香港IPO定价为每股115港元，位于指导价区间顶端。此前据国际金融评论IFR报道，快手香港IPO面向散户发行部分获得1.28万亿港元认购。据此计算，公司超额认购高达1218倍，超越","content":"<p>According to Bloomberg, Kuaishou Technology's Hong Kong IPO is priced at HK$115 per share, which is at the top of the guide price range.</p><p>Earlier, according to IFR, an international financial review, Aauto Quicker's Hong Kong IPO was subscribed for HK$1.28 trillion for retail investors. According to this calculation, the company oversubscribed by as much as 1,218 times, surpassing<a href=\"https://laohu8.com/S/02158\">Yidu Technology</a>Become the king of frozen capital in Hong Kong stocks.</p><p>Previously, the company's prospectus showed that Aauto Quicker IPO offered a total of 365 million shares globally, of which about 356 million shares were institutional customers, and only about 9.13 million shares were the total amount subscribed by retail investors.</p><p>The Company's Offer Price range is set at HK$105-HK$115 per Share. The offer price of HK$105-HK$115 corresponds to a market value of HK$431.4 billion and HK$472.4 billion respectively, and the valuation will reach US$55.6 billion to US$60.9 billion (about HK$433.7 billion to HK$475 billion), far exceeding the expected US$50 billion.</p><p>Aauto Quicker IPO is popular with retail investors. On the day of opening retail subscription on Tuesday, the demand for stock financing loans hit a record high on the first day of subscription, and the subscription amount of retail investors on the first day has exceeded 198.9 times.</p><p>Aauto Quicker International Placing has also recorded full subscription, and the company will introduce 10 cornerstone investors, including Singapore sovereign fund GIC,<a href=\"https://laohu8.com/S/BLK\">BlackRock</a>Temasek, Boyu Capital and Abu Dhabi Investment Authority, etc., subscribed for approximately US$2.45 billion equivalent shares.</p><p>Smartkarma, an investment analysis agency, issued a report saying,<a href=\"https://laohu8.com/S/01024\">Kuaishou Technology</a>May quickly join the MSCI standard index,<a href=\"https://laohu8.com/S/02828\">Hang Seng China Enterprises</a>Index, Hang Seng Technology Index and Hang Seng Composite Index.</p><p>Analyst Brian Freitas said Aauto Quicker would need to rise about 60pc from the upper end of the IPO price range to qualify for fast-track entry into the FTSE Global Index. A quick addition to all indexes, including the FTSE Global Index, would mean passive funds would have to buy 26% of the company's free float.</p><p>According to a research report published by Xiaomo, if Aauto Quicker fully exercises the over-allotment option, the total market value after listing may be as high as USD 62 billion, and the total index floating market value will be about USD 2.7 billion to USD 3 billion. According to the rapid inclusion mechanism, Kuaishou is expected to be included in the Hang Seng Technology Index on the 10th trading day of listing, triggering a potential passive inflow of about $107 million.</p><p>In terms of state-owned enterprise index, if it is to be quickly included, Aauto Quicker's market value must rank among the top ten constituent stocks of the current state-owned enterprise index. In other words, its price will rise by more than 44% on the first day of listing, and surpass the tenth-ranked<a href=\"https://laohu8.com/S/06618\">JD Health</a>To meet the requirements. Because Kuaishou adopts a same-share voting structure with different rights, the bank estimates that it will not be included in the interconnect list until after September 2021.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>News says Aauto Quicker IPO is priced at HK$115/share, which is at the top of the guidance range</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNews says Aauto Quicker IPO is priced at HK$115/share, which is at the top of the guidance range\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-01-30 00:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>According to Bloomberg, Kuaishou Technology's Hong Kong IPO is priced at HK$115 per share, which is at the top of the guide price range.</p><p>Earlier, according to IFR, an international financial review, Aauto Quicker's Hong Kong IPO was subscribed for HK$1.28 trillion for retail investors. According to this calculation, the company oversubscribed by as much as 1,218 times, surpassing<a href=\"https://laohu8.com/S/02158\">Yidu Technology</a>Become the king of frozen capital in Hong Kong stocks.</p><p>Previously, the company's prospectus showed that Aauto Quicker IPO offered a total of 365 million shares globally, of which about 356 million shares were institutional customers, and only about 9.13 million shares were the total amount subscribed by retail investors.</p><p>The Company's Offer Price range is set at HK$105-HK$115 per Share. The offer price of HK$105-HK$115 corresponds to a market value of HK$431.4 billion and HK$472.4 billion respectively, and the valuation will reach US$55.6 billion to US$60.9 billion (about HK$433.7 billion to HK$475 billion), far exceeding the expected US$50 billion.</p><p>Aauto Quicker IPO is popular with retail investors. On the day of opening retail subscription on Tuesday, the demand for stock financing loans hit a record high on the first day of subscription, and the subscription amount of retail investors on the first day has exceeded 198.9 times.</p><p>Aauto Quicker International Placing has also recorded full subscription, and the company will introduce 10 cornerstone investors, including Singapore sovereign fund GIC,<a href=\"https://laohu8.com/S/BLK\">BlackRock</a>Temasek, Boyu Capital and Abu Dhabi Investment Authority, etc., subscribed for approximately US$2.45 billion equivalent shares.</p><p>Smartkarma, an investment analysis agency, issued a report saying,<a href=\"https://laohu8.com/S/01024\">Kuaishou Technology</a>May quickly join the MSCI standard index,<a href=\"https://laohu8.com/S/02828\">Hang Seng China Enterprises</a>Index, Hang Seng Technology Index and Hang Seng Composite Index.</p><p>Analyst Brian Freitas said Aauto Quicker would need to rise about 60pc from the upper end of the IPO price range to qualify for fast-track entry into the FTSE Global Index. A quick addition to all indexes, including the FTSE Global Index, would mean passive funds would have to buy 26% of the company's free float.</p><p>According to a research report published by Xiaomo, if Aauto Quicker fully exercises the over-allotment option, the total market value after listing may be as high as USD 62 billion, and the total index floating market value will be about USD 2.7 billion to USD 3 billion. According to the rapid inclusion mechanism, Kuaishou is expected to be included in the Hang Seng Technology Index on the 10th trading day of listing, triggering a potential passive inflow of about $107 million.</p><p>In terms of state-owned enterprise index, if it is to be quickly included, Aauto Quicker's market value must rank among the top ten constituent stocks of the current state-owned enterprise index. In other words, its price will rise by more than 44% on the first day of listing, and surpass the tenth-ranked<a href=\"https://laohu8.com/S/06618\">JD Health</a>To meet the requirements. Because Kuaishou adopts a same-share voting structure with different rights, the bank estimates that it will not be included in the interconnect list until after September 2021.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8a05003ea47bd73f11bd992a9431f6d4","relate_stocks":{"01024":"快手-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148323876","content_text":"据彭博报道，快手科技香港IPO定价为每股115港元，位于指导价区间顶端。此前据国际金融评论IFR报道，快手香港IPO面向散户发行部分获得1.28万亿港元认购。据此计算，公司超额认购高达1218倍，超越医渡科技成为港股冻资王。此前公司招股书显示，快手此次IPO向全球公开发售共计3.65亿股，其中约3.56亿股为机构客户，仅约913万股为散户认购的额度总额。公司发售价区间设定为每股105港元-115港元。105港元-115港元的发售价，对应的市值分别为4314亿港元和4724亿港元，估值将达到556亿美元至609亿美元（约4337亿至4750亿港元），远超预期的500亿美元。快手IPO遭到散户们的热捧。本周二开放散户认购当天，股票融资贷款需求创下认购首日的纪录新高，首日散户认购额度已经超了198.9倍。快手国际配售部分也已录得足额认购，公司将引入10名基石投资者，包括新加坡主权基金GIC、贝莱德、淡马锡、博裕资本及阿布扎比投资局等，认购约24.5亿美元等值股份。投资分析机构Smartkarma发表报告指，快手科技可能会迅速加入MSCI标准指数、恒生中国企业指数、恒生科技指数和恒生综合指数。分析师Brian Freitas表示，快手需要较IPO价格区间的高端上涨约60%，才能取得快速加入富时全球指数的资格。若快速加入包括富时全球指数在内的所有指数，将意味着被动型基金必须购买该公司26%的自由流通股。小摩发表研究报告指，快手若完全行使超额配售权，上市后总市值可能高达620亿美元，合计指数浮动市值约为27亿至30亿美元。根据快速纳入机制，快手有望在上市第10个交易日获纳入恒生科技指数，触发约1.07亿美元的潜在被动流入。国企指数方面，若要被快速纳入，快手的市值必须在目前国企指数成份股中排名前十，换言之其价格在上市首日将要上涨约44%以上，并超越排名第十的京东健康，才可符合要求。由于快手采用同股不同权投票架构，该行估计要等到2021年9月后才将被纳入互联互通名单。","news_type":1,"symbols_score_info":{"01024":0.9}},"isVote":1,"tweetType":1,"viewCount":1598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":354482853,"gmtCreate":1617196967772,"gmtModify":1704697093372,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/354482853","repostId":"1185840581","repostType":4,"isVote":1,"tweetType":1,"viewCount":2077,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371405145,"gmtCreate":1618964144887,"gmtModify":1704717502296,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"OMG!","listText":"OMG!","text":"OMG!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371405145","repostId":"1106533725","repostType":4,"repost":{"id":"1106533725","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618963020,"share":"https://ttm.financial/m/news/1106533725?lang=en_US&edition=fundamental","pubTime":"2021-04-21 07:57","market":"sh","language":"zh","title":"Last Night This Morning: European and American stocks closed lower across the board as pandemic fears returned","url":"https://stock-news.laohu8.com/highlight/detail?id=1106533725","media":"老虎资讯综合","summary":"摘要：美股全线收跌，纳指跌近1% ，新冠疫情担忧卷土重来，美油大幅收跌1.5％。鲍威尔表示，美国今年通胀可能会偏高，但美联储有能力应对。日本或将再宣布 4 个县进入准紧急状态。推荐相关：一文看懂苹果春","content":"<p>Abstract:</p><p>U.S. stocks closed down across the board, with the Nasdaq falling nearly 1%. Worries about the COVID-19 epidemic returned, and U.S. oil closed down sharply by 1.5%. Powell said U.S. inflation could be on the high side this year, but the Fed is in a position to handle it. Japan may declare four more prefectures into a quasi-emergency state. Recommendation related:<a href=\"https://laohu8.com/NW/1178739590\" target=\"_blank\">One article understands Apple's spring conference, not only purple iPhone12</a></p><p>Overseas markets</p><p>1. The three major U.S. stock indexes closed down on Tuesday, recording two consecutive losses for the first time this month, and the Nasdaq fell nearly 1%</p><p>U.S. stocks closed lower on Tuesday, with major indexes falling for the second straight trading day. Strong corporate earnings failed to boost U.S. stocks, which were already near record highs, to continue to rise. The alarming increase in COVID-19 cases worldwide and the high number of daily new infections in the United States have raised concerns about the prospect of economic recovery. By the close, the Nasdaq was down 0.92%, the Dow was down 0.75% and the S&P 500 was down 0.68%.</p><p>2. Most popular Chinese stocks closed lower on Tuesday. Xunniao Software's IPO rose by more than 50% on the first day</p><p>Most of the popular stocks fell, and Xunniao Software rose by 50% on the first day of listing.<a href=\"https://laohu8.com/S/KXIN\">Happy car</a>down 11.4%.<a href=\"https://laohu8.com/S/JD\">Jingdong</a>It fell by more than 3%,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It fell by more than 2%.</p><p>3. Fear of the COVID-19 epidemic returned, European stocks closed down across the board on Tuesday</p><p>The three major European stock indexes closed down across the board, with France's CAC40 index falling 2.09%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index fell 2%, while Germany's DAX fell 1.55%. Europe's Stoxx 600 index fell 2%, its biggest one-day drop since December.</p><p>4. The epidemic situation in India has deepened sharply, pushing US oil to close down by 1.5%! Markets await U.S. inventory data</p><p>The deterioration of the epidemic situation in many places aggravated market worries, causing the two oil companies to turn down in intraday sessions. Finally, WTIMay crude oil futures closed down $0.94, or 1.48%, at $62.44/barrel. Brent June crude oil futures closed down $0.48, or 0.71%, at $66.57/barrel.</p><p>5. The yield of U.S. bonds continued to fall, pushing the price of gold to close up 0.4%</p><p>Gold futures prices closed slightly higher on Tuesday, boosted by a weaker dollar and a retreat in U.S. Treasury Bond yields. Gold futures for June delivery rose $7.80, or 0.4%, to settle at $1,778.40 an ounce on the New York Mercantile Exchange, after the contract closed down 0.5% in Monday's trading.</p><p>International macro</p><p>1、<a href=\"https://laohu8.com/NW/2129828861\" target=\"_blank\">Powell: U.S. inflation may be on the high side this year but the Fed is capable of handling it</a></p><p>According to reports, Florida Republican Senator Rick Scott sent a letter to Federal Reserve Chairman Powell in March this year. Scott expressed his concern about rising inflation in the letter. Powell replied on April 8th, and the specific content of the letter was announced on April 20th, local time.</p><p>2、<a href=\"https://laohu8.com/NW/2129828371\" target=\"_blank\">Indian Prime Minister Narendra Modi: No national lockdown in response to the second wave of COVID-19</a></p><p>Indian Prime Minister Narendra Modi said in a televised speech on the evening of 20th that India is currently fighting the second wave of the new crown epidemic, but it will not impose a nationwide lockdown.</p><p>3、<a href=\"https://laohu8.com/NW/2127316043\" target=\"_blank\">Powell: Most Members of the Fed Think rate hike Will Not Be Possible Until 2024</a></p><p>Federal Reserve Chairman Powell sent a letter to U.S. Senator Rick Scott saying: Given that labor force penetration is lower than the level before the outbreak of COVID-19, the U.S. unemployment rate is expected to underestimate the employment gap problem.</p><p>4、<a href=\"https://laohu8.com/NW/1149371981\" target=\"_blank\">Big Short Schiff: U.S. Treasury Bond is a \"Ponzi scheme\" and inflation will cost investors their money</a></p><p>Peter Schiff, a famous financial critic and investor, believes that the financing of Treasury Bond in the United States is actually a huge Ponzi scheme.</p><p>5. The market value of Dogecoin reached more than $50 billion<a href=\"https://laohu8.com/S/F\">Ford Motor</a>And<a href=\"https://laohu8.com/S/KHC\">Kraft Heinz</a></p><p>It was treated as a joke when it was created, but Dogecoin is now not to be underestimated. According to CoinMarketCap.com, after a 400% rise over the past week, the total market cap of Dogecoin reached about $50 billion.</p><p>6、<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>shell<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Salary system, the basic salary of Buffett's two successors has been the top in the United States</p><p>Institutional Shareholder Services of America, Inc. (<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>) advised investors not to vote for Warren Buffett's<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Four directors of Berkshire Hathaway to denounce the company's executive compensation policy.</p><p>7. With a 400% surge in a week, where will Dogecoin go? Veteran Trader: It's likely to cease to exist</p><p>Dogecoin faithful have declared April 20 \"Doge Day,\" but on Wall Street, having a Day of your own does not guarantee its legitimacy or its sustainable viability.</p><p>8. Billionaire Novograz: Dogecoin and Bitcoin are both soaring, but there are essential differences</p><p>Well-known cryptocurrency bull Mike Novogratz highlighted Tuesday that while both Bitcoin and Dogecoin have seen strong gains this year, their designs and risk profiles are very different.</p><p>9. US President Joe Biden plans to announce a new carbon emission target this week. Biden plans to reduce (carbon) emissions by at least half by 2030.</p><p>President Joe Biden plans to announce new carbon emissions targets this week, with Biden planning to cut (carbon) emissions by at least half by 2030.</p><p>10. Japan may declare four more prefectures into a quasi-emergency Outside: Can the Olympic Games still be held?</p><p>Japan will announce the expansion of a quasi-emergency to 10 regions on the 16th as the fourth wave of COVID-19 spreads, raising doubts about whether the Tokyo Olympics will be held smoothly, Reuters reported.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2129840686\" target=\"_blank\">Tesla's Supply Chain Orders Hint: 1 Million Vehicle Sales Target for 2021</a></p><p>Although<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It's been tight-lipped about actual vehicle production and delivery targets for 2021, but updates to the company's supply chain suggest the EV maker is targeting an incredible number. According to recent reports from some of Tesla's suppliers, the company appears to be aiming to reach 1 million vehicles in 2021.</p><p>2、<a href=\"https://laohu8.com/NW/2129182822\" target=\"_blank\">Apple Spring Launch Launches AirTag, Colorful iMac and Other Products Shares Closed More than 1%</a></p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>Shares closed down 1.28% at $133.11 on Tuesday, after an intraday drop of more than 2% at one point. This comes after the company held its 2021 spring event, launching a new generation of iMac all-in-one computers, iPad Pro tablets, AirTag tracker accessories and more.</p><p>3、<a href=\"https://laohu8.com/NW/2129231758\" target=\"_blank\">Another one! International daily chemical giant Procter & Gamble will raise the prices of its products in September</a></p><p>International daily chemical giant<a href=\"https://laohu8.com/S/PG\">P&G</a>Companies will start raising prices for everyday items from diapers to tampons this fall. Procter & Gamble is the latest consumer goods company to announce price increases and the largest.</p><p>4、<a href=\"https://laohu8.com/NW/2129840945\" target=\"_blank\">PayPal is backing up cryptocurrency again! Its APP announces support for Bitcoin buying and selling transactions</a></p><p>Payment service providers<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>Its mobile payment app Venmo has announced that it will now allow users to buy, hold and sell Bitcoin and other digital currencies, in what could be an important step towards mainstream recognition for cryptocurrencies.</p><p>5、<a href=\"https://laohu8.com/NW/1115044994\" target=\"_blank\">Netflix's first-quarter results exceeded expectations, but new users were far less than expected! Plunged more than 10% after hours</a></p><p>Netflix (NASDAQ:NFLX), the streaming video service giant, reported its first quarter fiscal 2021 earnings after the US stock market closed on Tuesday (early Wednesday morning Beijing time). According to this financial report, Netflix's revenue in the first quarter was $7.163 billion, an increase of 24.2% compared with $5.768 billion in the same period last year, exceeding analysts' expectations of $7.14 billion; Net income was $1.707 billion, up 141% from $709 million in the same period last year; Diluted earnings per share were $3.75, up from $1.57 in the year-ago quarter and beating analysts' estimates of $2.98.</p><p>6、<a href=\"https://laohu8.com/NW/1139975816\" target=\"_blank\">Sources say Zuoyebang is considering US IPO to raise at least $500 million</a></p><p>According to sources familiar with the matter, Chinese online tutoring platform Zuoyebang is considering a US IPO (initial public offering) that could raise at least $500m.</p><p>7、<a href=\"https://laohu8.com/NW/2129828423\" target=\"_blank\">Xunniao Software landed on Nasdaq IPO on the first day soared more than 50%</a></p><p>Beijing Customer Service<a href=\"https://laohu8.com/S/300024\">Robot</a>The company Infobird, which landed on the Nasdaq on Tuesday under the ticker symbol IFBD, opened up 75% at $7 on the first day of its IPO, and the IPO offering price was $4 per ADS. At the close, the company's shares were trading at $6.03, or 50.75%.</p><p>8、<a href=\"https://laohu8.com/NW/2129584726\" target=\"_blank\">Boeing closed down more than 4% after it announced it extended CEO Calhoun's retirement age to 70</a></p><p>Dave Calhoun is<a href=\"https://laohu8.com/S/BA\">boeing</a>CEO of the worst year the company has ever had, but will now confirm his retention in an attempt to lead the aerospace giant's rebound for the foreseeable future.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last Night This Morning: European and American stocks closed lower across the board as pandemic fears returned</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast Night This Morning: European and American stocks closed lower across the board as pandemic fears returned\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-21 07:57</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Abstract:</p><p>U.S. stocks closed down across the board, with the Nasdaq falling nearly 1%. Worries about the COVID-19 epidemic returned, and U.S. oil closed down sharply by 1.5%. Powell said U.S. inflation could be on the high side this year, but the Fed is in a position to handle it. Japan may declare four more prefectures into a quasi-emergency state. Recommendation related:<a href=\"https://laohu8.com/NW/1178739590\" target=\"_blank\">One article understands Apple's spring conference, not only purple iPhone12</a></p><p>Overseas markets</p><p>1. The three major U.S. stock indexes closed down on Tuesday, recording two consecutive losses for the first time this month, and the Nasdaq fell nearly 1%</p><p>U.S. stocks closed lower on Tuesday, with major indexes falling for the second straight trading day. Strong corporate earnings failed to boost U.S. stocks, which were already near record highs, to continue to rise. The alarming increase in COVID-19 cases worldwide and the high number of daily new infections in the United States have raised concerns about the prospect of economic recovery. By the close, the Nasdaq was down 0.92%, the Dow was down 0.75% and the S&P 500 was down 0.68%.</p><p>2. Most popular Chinese stocks closed lower on Tuesday. Xunniao Software's IPO rose by more than 50% on the first day</p><p>Most of the popular stocks fell, and Xunniao Software rose by 50% on the first day of listing.<a href=\"https://laohu8.com/S/KXIN\">Happy car</a>down 11.4%.<a href=\"https://laohu8.com/S/JD\">Jingdong</a>It fell by more than 3%,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It fell by more than 2%.</p><p>3. Fear of the COVID-19 epidemic returned, European stocks closed down across the board on Tuesday</p><p>The three major European stock indexes closed down across the board, with France's CAC40 index falling 2.09%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index fell 2%, while Germany's DAX fell 1.55%. Europe's Stoxx 600 index fell 2%, its biggest one-day drop since December.</p><p>4. The epidemic situation in India has deepened sharply, pushing US oil to close down by 1.5%! Markets await U.S. inventory data</p><p>The deterioration of the epidemic situation in many places aggravated market worries, causing the two oil companies to turn down in intraday sessions. Finally, WTIMay crude oil futures closed down $0.94, or 1.48%, at $62.44/barrel. Brent June crude oil futures closed down $0.48, or 0.71%, at $66.57/barrel.</p><p>5. The yield of U.S. bonds continued to fall, pushing the price of gold to close up 0.4%</p><p>Gold futures prices closed slightly higher on Tuesday, boosted by a weaker dollar and a retreat in U.S. Treasury Bond yields. Gold futures for June delivery rose $7.80, or 0.4%, to settle at $1,778.40 an ounce on the New York Mercantile Exchange, after the contract closed down 0.5% in Monday's trading.</p><p>International macro</p><p>1、<a href=\"https://laohu8.com/NW/2129828861\" target=\"_blank\">Powell: U.S. inflation may be on the high side this year but the Fed is capable of handling it</a></p><p>According to reports, Florida Republican Senator Rick Scott sent a letter to Federal Reserve Chairman Powell in March this year. Scott expressed his concern about rising inflation in the letter. Powell replied on April 8th, and the specific content of the letter was announced on April 20th, local time.</p><p>2、<a href=\"https://laohu8.com/NW/2129828371\" target=\"_blank\">Indian Prime Minister Narendra Modi: No national lockdown in response to the second wave of COVID-19</a></p><p>Indian Prime Minister Narendra Modi said in a televised speech on the evening of 20th that India is currently fighting the second wave of the new crown epidemic, but it will not impose a nationwide lockdown.</p><p>3、<a href=\"https://laohu8.com/NW/2127316043\" target=\"_blank\">Powell: Most Members of the Fed Think rate hike Will Not Be Possible Until 2024</a></p><p>Federal Reserve Chairman Powell sent a letter to U.S. Senator Rick Scott saying: Given that labor force penetration is lower than the level before the outbreak of COVID-19, the U.S. unemployment rate is expected to underestimate the employment gap problem.</p><p>4、<a href=\"https://laohu8.com/NW/1149371981\" target=\"_blank\">Big Short Schiff: U.S. Treasury Bond is a \"Ponzi scheme\" and inflation will cost investors their money</a></p><p>Peter Schiff, a famous financial critic and investor, believes that the financing of Treasury Bond in the United States is actually a huge Ponzi scheme.</p><p>5. The market value of Dogecoin reached more than $50 billion<a href=\"https://laohu8.com/S/F\">Ford Motor</a>And<a href=\"https://laohu8.com/S/KHC\">Kraft Heinz</a></p><p>It was treated as a joke when it was created, but Dogecoin is now not to be underestimated. According to CoinMarketCap.com, after a 400% rise over the past week, the total market cap of Dogecoin reached about $50 billion.</p><p>6、<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>shell<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Salary system, the basic salary of Buffett's two successors has been the top in the United States</p><p>Institutional Shareholder Services of America, Inc. (<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>) advised investors not to vote for Warren Buffett's<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Four directors of Berkshire Hathaway to denounce the company's executive compensation policy.</p><p>7. With a 400% surge in a week, where will Dogecoin go? Veteran Trader: It's likely to cease to exist</p><p>Dogecoin faithful have declared April 20 \"Doge Day,\" but on Wall Street, having a Day of your own does not guarantee its legitimacy or its sustainable viability.</p><p>8. Billionaire Novograz: Dogecoin and Bitcoin are both soaring, but there are essential differences</p><p>Well-known cryptocurrency bull Mike Novogratz highlighted Tuesday that while both Bitcoin and Dogecoin have seen strong gains this year, their designs and risk profiles are very different.</p><p>9. US President Joe Biden plans to announce a new carbon emission target this week. Biden plans to reduce (carbon) emissions by at least half by 2030.</p><p>President Joe Biden plans to announce new carbon emissions targets this week, with Biden planning to cut (carbon) emissions by at least half by 2030.</p><p>10. Japan may declare four more prefectures into a quasi-emergency Outside: Can the Olympic Games still be held?</p><p>Japan will announce the expansion of a quasi-emergency to 10 regions on the 16th as the fourth wave of COVID-19 spreads, raising doubts about whether the Tokyo Olympics will be held smoothly, Reuters reported.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2129840686\" target=\"_blank\">Tesla's Supply Chain Orders Hint: 1 Million Vehicle Sales Target for 2021</a></p><p>Although<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It's been tight-lipped about actual vehicle production and delivery targets for 2021, but updates to the company's supply chain suggest the EV maker is targeting an incredible number. According to recent reports from some of Tesla's suppliers, the company appears to be aiming to reach 1 million vehicles in 2021.</p><p>2、<a href=\"https://laohu8.com/NW/2129182822\" target=\"_blank\">Apple Spring Launch Launches AirTag, Colorful iMac and Other Products Shares Closed More than 1%</a></p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>Shares closed down 1.28% at $133.11 on Tuesday, after an intraday drop of more than 2% at one point. This comes after the company held its 2021 spring event, launching a new generation of iMac all-in-one computers, iPad Pro tablets, AirTag tracker accessories and more.</p><p>3、<a href=\"https://laohu8.com/NW/2129231758\" target=\"_blank\">Another one! International daily chemical giant Procter & Gamble will raise the prices of its products in September</a></p><p>International daily chemical giant<a href=\"https://laohu8.com/S/PG\">P&G</a>Companies will start raising prices for everyday items from diapers to tampons this fall. Procter & Gamble is the latest consumer goods company to announce price increases and the largest.</p><p>4、<a href=\"https://laohu8.com/NW/2129840945\" target=\"_blank\">PayPal is backing up cryptocurrency again! Its APP announces support for Bitcoin buying and selling transactions</a></p><p>Payment service providers<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>Its mobile payment app Venmo has announced that it will now allow users to buy, hold and sell Bitcoin and other digital currencies, in what could be an important step towards mainstream recognition for cryptocurrencies.</p><p>5、<a href=\"https://laohu8.com/NW/1115044994\" target=\"_blank\">Netflix's first-quarter results exceeded expectations, but new users were far less than expected! Plunged more than 10% after hours</a></p><p>Netflix (NASDAQ:NFLX), the streaming video service giant, reported its first quarter fiscal 2021 earnings after the US stock market closed on Tuesday (early Wednesday morning Beijing time). According to this financial report, Netflix's revenue in the first quarter was $7.163 billion, an increase of 24.2% compared with $5.768 billion in the same period last year, exceeding analysts' expectations of $7.14 billion; Net income was $1.707 billion, up 141% from $709 million in the same period last year; Diluted earnings per share were $3.75, up from $1.57 in the year-ago quarter and beating analysts' estimates of $2.98.</p><p>6、<a href=\"https://laohu8.com/NW/1139975816\" target=\"_blank\">Sources say Zuoyebang is considering US IPO to raise at least $500 million</a></p><p>According to sources familiar with the matter, Chinese online tutoring platform Zuoyebang is considering a US IPO (initial public offering) that could raise at least $500m.</p><p>7、<a href=\"https://laohu8.com/NW/2129828423\" target=\"_blank\">Xunniao Software landed on Nasdaq IPO on the first day soared more than 50%</a></p><p>Beijing Customer Service<a href=\"https://laohu8.com/S/300024\">Robot</a>The company Infobird, which landed on the Nasdaq on Tuesday under the ticker symbol IFBD, opened up 75% at $7 on the first day of its IPO, and the IPO offering price was $4 per ADS. At the close, the company's shares were trading at $6.03, or 50.75%.</p><p>8、<a href=\"https://laohu8.com/NW/2129584726\" target=\"_blank\">Boeing closed down more than 4% after it announced it extended CEO Calhoun's retirement age to 70</a></p><p>Dave Calhoun is<a href=\"https://laohu8.com/S/BA\">boeing</a>CEO of the worst year the company has ever had, but will now confirm his retention in an attempt to lead the aerospace giant's rebound for the foreseeable future.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106533725","content_text":"摘要：美股全线收跌，纳指跌近1% ，新冠疫情担忧卷土重来，美油大幅收跌1.5％。鲍威尔表示，美国今年通胀可能会偏高，但美联储有能力应对。日本或将再宣布 4 个县进入准紧急状态。推荐相关：一文看懂苹果春季发布会，不止紫色iPhone12海外市场1、美股三大指数周二全线收跌，本月首度录得两连跌，纳指跌近1%美股周二收跌，主要股指连续第二个交易日下滑。强劲的企业财报未能提振已处在接近纪录高位的美股继续上行。全球新冠病例惊人增长，美国每日新增感染病例数居高不下，令市场担忧经济复苏前景。截至收盘，纳斯达克指数跌0.92%，道琼斯指数跌0.75%，标普500指数跌0.68%。2、热门中概股周二收盘多数走低 讯鸟软件IPO首日涨超50%热门中概股多数下跌，讯鸟软件上市首日涨50%，开心汽车跌11.4%。京东跌超3%，阿里巴巴跌超2%。3、新冠疫情担忧卷土重来 欧股周二全线收跌欧洲三大股指全线收跌，法国CAC40指数跌2.09%，英国富时100指数跌2%，德国DAX指数跌1.55%。欧洲斯托克600指数跌2%，势创去年12月以来的最大单日跌幅。4、印度疫情急剧加深，推动美油大幅收跌1.5％！市场等待美国库存数据多地疫情恶化加剧市场担忧，致两油盘中转跌。最终，WTI5月原油期货收跌0.94美元，跌幅1.48%，报62.44美元/桶。布伦特6月原油期货收跌0.48美元，跌幅0.71%，报66.57美元/桶。5、美债收益率继续回落，推动金价收盘上涨0.4％黄金期货价格周二收盘小幅上涨，原因是受到美元疲软和美国国债收益率回落的提振。纽约商品交易所6月份交割的黄金期货价格上涨7.80美元，报收于每盎司1778.40美元，涨幅为0.4%，此前该合约在周一的交易中收盘下跌0.5%。国际宏观1、鲍威尔：美国今年通胀可能会偏高 但美联储有能力应对据报道，佛罗里达州共和党参议员Rick Scott曾于今年3月致信美联储主席鲍威尔，Scott在信中表达了对通胀上升的担忧，鲍威尔于4月8日回信，信函的具体内容于当地时间4月20日对外公布。2、印度总理莫迪：针对第二波新冠疫情不会实施全国封锁印度总理莫迪20日晚发表电视讲话说，印度目前正在与第二波新冠疫情做斗争，但不会在全国实施封锁。3、鲍威尔：美联储大多数成员认为要到2024年才可能加息美联储主席鲍威尔致函美国国会参议院里克·斯科特(Rick Scott)称：鉴于劳动力渗透性低于新冠肺炎疫情爆发之前的水平，预计美国失业率低估了就业缺口问题。4、大空头席夫：美国国债就是“庞氏骗局”，通胀将让投资者血本无归著名财经评论家、投资人席夫（Peter Schiff）认为，美国国债的融资其实就是个巨大的庞氏骗局。5、狗狗币市值达到500亿美元 超过福特汽车和卡夫亨氏创建的时候被当作一个玩笑，但狗狗币现在已经不容小觑。根据CoinMarketCap.com的数据，过去一周上涨400%之后，狗狗币总市值达到约500亿美元。6、ISS炮轰伯克希尔薪酬体系，巴菲特两大接班人基本工资已冠绝全美美国机构股东服务公司（ISS）日前建议投资者不要投票给沃伦·巴菲特（Warren Buffett）旗下伯克希尔哈撒韦公司（Berkshire Hathaway）的四名董事，以谴责该公司的高管薪酬政策。7、一周飙升400％，狗狗币将走向何方？资深交易员：很可能会不复存在狗狗币的忠实信徒宣布4月20日为“狗狗日”（Doge Day），但在华尔街，拥有属于自己的一天并不能保证其合法性，也不能保证其可持续生存能力。8、亿万富豪诺沃格拉茨：狗狗币与比特币都在飙升 却存在本质区别加密货币知名多头迈克-诺沃格拉茨（Mike Novogratz）周二强调说，虽然比特币和狗狗币（Dogecoin）今年都强势上涨，但它们的设计和风险状况却大不相同。9、美国总统拜登计划本周宣布新的碳排放目标，拜登计划在2030年前将（碳）排放量至少减少一半。美国总统拜登计划本周宣布新的碳排放目标，拜登计划在2030年前将（碳）排放量至少减少一半。10、日本或将再宣布 4 个县进入准紧急状态 外界：奥运会还能办吗？据路透社报道，随着第四波新冠疫情的蔓延，日本将于 16 日宣布将准紧急状态扩大到 10 个地区，这使得人们怀疑东京奥运会能否顺利举行。公司新闻1、特斯拉的供应链订单暗示：2021年汽车销售目标为100万辆尽管特斯拉对2021年的实际汽车生产和交付目标三缄其口，但该公司供应链的更新表明，这家电动汽车制造商的目标是一个令人难以置信的数字。根据特斯拉的一些供应商最近的报告，该公司的目标似乎是在2021年达到100万辆。2、苹春季发布会推出AirTag、多彩iMac等产品 股价收跌逾1%苹果股价周二收盘下跌1.28%，报133.11美元，盘中跌幅一度超过2%。此前该公司举办2021年度春季发布会，推出新一代iMac一体机、iPad Pro平板电脑、AirTag追踪器配件等产品。3、又一家！国际日化巨头宝洁将在9月份上调旗下产品价格国际日化巨头宝洁公司今年秋季将开始提高从尿布到卫生棉条等日常用品的价格。宝洁是最新一家宣布涨价的消费品公司，也是规模最大的一家。4、PayPal再次力挺加密货币！旗下APP宣布支持比特币买卖交易支付服务提供商PayPal旗下的移动支付应用Venmo宣布，该应用现在将允许用户购买、持有和出售比特币和其他数字货币，这可能是加密货币朝着被主流认可而迈出的重要一步。5、奈飞第一季度业绩超预期，但新增用户远不及预期！盘后暴跌逾10％流媒体视频服务巨头奈飞（NASDAQ:NFLX）在美股市场周二收盘（北京时间周三凌晨）以后公布了该公司的2021财年第一季度财报。这份财报显示，奈飞第一季度营收为71.63亿美元，与去年同期的57.68亿美元相比增长24.2%，超出分析师预期的71.4亿美元；净利润为17.07亿美元，与去年同期7.09亿美元相比增长141%；每股摊薄收益为3.75美元，高于去年同期的1.57美元，超出分析师预期的2.98美元。6、消息称作业帮正在考虑美国IPO，筹资至少5亿美元据熟知内情的消息人士透露，中国在线辅导平台作业帮正考虑在美国IPO（首次公开募股）上市，可能将筹集至少5亿美元资金。7、讯鸟软件登陆纳斯达克 IPO首日飙升逾50%北京客服机器人公司讯鸟软件（Infobird）周二登陆纳斯达克，股票代码为IFBD，IPO首日开盘上涨75%，报7美元，IPO发行价为每ADS 4美元。截至收盘，该公司股价报6.03美元，涨幅50.75%。8、波音宣布延长CEO卡尔霍恩退休年龄至70岁，股价收跌逾4%戴夫·卡尔霍恩（Dave Calhoun）是波音公司有史以来所经历最糟糕一个年头的首席执行官，但如今他将确认留任，以试图在可预见的未来引领这家航空航天巨头的反弹。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192866408,"gmtCreate":1621178969304,"gmtModify":1704353661144,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192866408","repostId":"2135598119","repostType":4,"isVote":1,"tweetType":1,"viewCount":3131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888771914,"gmtCreate":1631534302938,"gmtModify":1676530568047,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888771914","repostId":"1125752504","repostType":4,"isVote":1,"tweetType":1,"viewCount":2972,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115657159,"gmtCreate":1622990389671,"gmtModify":1704194135717,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115657159","repostId":"1156877497","repostType":4,"repost":{"id":"1156877497","kind":"news","pubTimestamp":1622983934,"share":"https://ttm.financial/m/news/1156877497?lang=en_US&edition=fundamental","pubTime":"2021-06-06 20:52","market":"hk","language":"zh","title":"\"The First Tea Drink Stock\" Naixue's Tea Passed the Hearing, with an annual profit of 62.17 million","url":"https://stock-news.laohu8.com/highlight/detail?id=1156877497","media":"格隆汇","summary":"随着奈雪的茶（以下简称“奈雪”）通过港交所聆讯，“新茶饮第一股”的脚步越来越近。无论是资本圈，还是从业者，似乎都在期待着新茶饮赛道的这声“发令枪”打响。心照不宣的是：如果奈雪能够“一炮而红”，全球化高","content":"<p>As Naixue's tea (hereinafter referred to as \"Naixue\") passes the hearing of HKEx, the footsteps of \"the first new tea drink\" are getting closer and closer.</p><p>Both the capital circle and practitioners seem to be looking forward to the \"starting gun\" of the new tea track. It is tacitly understood that if Naixue can \"become an instant hit\", the global high-end tea brand may accelerate its incubation, and the upsurge of new tea listing will surely surge out.</p><p>Today, Naixue is only one step away from going public. Many problems in the new tea track may soon be answered by the market.</p><p>1<b>The \"loss puzzle\" is solved, and the epidemic is still profitable</b></p><p>And why does Naixue's listing contain so many deep meanings and become a good industry observation window?</p><p>All along, the biggest torture of Nayuki in the market is profit. With the disclosure of the prospectus after the hearing, its \"loss puzzle\" finally got a clear and powerful response. The prospectus shows that,<b>According to IAS 17, Nayuki achieved an adjusted net profit of 62.17 million in 2020,</b>This may mean that the market's cognition of the value of Naixue and even the industry ecology of new tea drinks will be reshaped.</p><p>In the past few years, Naixue has always maintained a rapid expansion trend. According to the prospectus, as of the end of 2017, the number of Naixue teahouses was 44. This data was refreshed to 491 on December 31, 2020, of which 489 stores were distributed in 66 cities in mainland China, and two were located in Hong Kong SAR and Japan respectively. As of the Latest Practicable Date, the number of Nayuki stores had increased to 556. According to CIC, Naixue's share in China's high-end freshly made teahouse market reached 18.9% in terms of total retail consumption in 2020.</p><p><b>Different from many tea brands that are open to join, at present, all stores of Naixue are directly operated stores.</b>The pure direct mode also means a higher upfront investment, and the formation of the underlying capabilities of retail back-end such as supply chain usually requires \"long-termism\". Corresponding also see,<b>For Nayuki, the cost of materials and labor has always been the most important fixed expenditure, rather than the store rent that the outside world thought earlier.</b>Among them, the cost of raw materials accounted for the highest proportion for three consecutive years, and from 2018 to 2020<b>35.3%, 36.6% and 37.9%, compared with the average proportion of raw materials in the coffee industry in 2020, Nayuki was nearly double that of the same year.</b></p><p>However, once the underlying capability is formed, it can empower the retail front-end and quickly enlarge the competitiveness of enterprises. In the same period, the average sales of Naixue per order remained around 43 yuan, which was higher than the industry average of 35 yuan. During the performance period,<b>The first break-even period of Nayuki stores is about 4 months, and the payback period of stores opened in 2018 is only 10.6 months.</b>Market data shows that the cycle for Chinese food brands to achieve breakeven and cash investment return for the first time is usually 3-6 months and 15-20 months, compared with Nayuki, which has a significant advantage.</p><p><img src=\"https://static.tigerbbs.com/4a4d8f37117cc89ba93a090ca0f187d3\" tg-width=\"933\" tg-height=\"536\" referrerpolicy=\"no-referrer\"></p><p>Mapping to financial performance,<b>From 2018 to 2020, Naixue achieved revenue of 1.087 billion yuan, 2.502 billion yuan and 3.057 billion yuan respectively, with a compound annual growth rate of 67.7%.</b>With the continuous improvement of Nayuki's profitability, it turned losses into profits. Nayuki's adjusted net profit (non-IFRS measurement) changed from a loss of 11.74 million yuan in 2019 to a profit of 16.64 million yuan in 2020.<b>In accordance with IAS 17, Naixue achieved an adjusted net profit of 62.17 million in 2020.</b></p><p><img src=\"https://static.tigerbbs.com/7e3fe1dddb07b20aa53d8838d1a7183c\" tg-width=\"822\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p>In the follow-up, Naixue made it clear that it would not cut the cost of raw materials in response to the cost issue. Then, the focus of cost control in the future may fall on improving the level of supply chain. If Naixue's supply chain can exert greater efficiency, it will not only greatly reduce its operating costs and increase its profit margin, but also continue to enlarge its retail front-end competitiveness and build a safer commercial moat. At the same time, considering that direct-operated stores have obvious advantages in developing new products for unified operating standards, convenient brand management, and face consumers directly, Naixue's pure direct-operated model is gradually \"running through\", and its future operating performance may be more optimistic.</p><p>2<b>Choice and opportunity, seize the mind of the main consumer</b></p><p>What is further worth exploring is: at present, new tea shops are all over China, and brand players with their own characteristics are emerging in an endless stream. How can Naixue \"keep the clouds open\" and seize the minds of consumers?</p><p>In the author's opinion, the key reason lies in Naixue's corporate gene and timing of entry. Since its establishment, Naixue's goal is to build a high-end tea brand. In the iteration of young consumers who have higher requirements for quality and taste and are more willing to pay a premium for the brand, it has gradually formed strong brand loyalty and built competitive barriers.</p><p>More specifically,<b>Nayuki has both remarkable product innovation ability and social space scene, which determines that it gradually widens the gap with a group of competitors.</b></p><p>At present, Naixue's core menu has more than 25 classic tea drinks and more than 25 classic baking products, and on the basis, it continues to launch new products inspired by fresh fruits in the season. According to incomplete statistics, since 2018, Naixue has offered an average of one new drink every week, and at present, about 60 seasonal products have been launched.</p><p><img src=\"https://static.tigerbbs.com/56736f6fc446952add753bee71c2514e\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"></p><p>In addition, high-end freshly made tea shops focus on using high-quality and fresh ingredients to produce freshly made tea drinks, and their chain enterprises require standardized quality control capabilities to ensure the safety of food and the market fit of taste. Nayuki has many years of cooperation with high-quality tea gardens and orchards in many places, and has reached in-depth cooperation with renowned suppliers to ensure that key raw materials are customized according to brand standards with unique supply chain resources. Achieving this requires significant scale effect and strong bargaining power of enterprises as the basis, and it is also clear that the threshold of high-end fresh tea drinking track is much higher than ordinary people imagine.</p><p>Overall, in fact, all service industries ultimately operate a kind of trust. Whoever can win the ultimate trust of customers can stand forever. Judging from the high raw material cost of Nayuki, Nayuki has always insisted on bringing consumers higher quality and healthier products. I believe this will also be one of the key points for Nayuki to win the deep trust of customers.</p><p>In addition, Nayuki's digital membership system has sufficient potential and is expected to continue to optimize the customer experience.</p><p><b>Up to now, the registered members of Naixue's membership system are close to 35 million, and online order revenue accounts for nearly 70%.</b>In 2020, 49% of total Nayuki orders came from members. It is a vast database that contains valuable data on customer behavior and preferences.</p><p>At the same time, with the change of the main consumer force, new consumption trends are constantly emerging, which puts forward higher requirements for the brand's commercial sense of smell. In this dimension, data strength determines competitiveness and begins to influence the development trend of brands. Relying on the huge data assets accumulated by time, Naixue can more accurately judge the changes of consumer demand. At the same time, the more customer groups Naixue serves in the future, the more accurate its understanding of consumers will be. This growing ecological service system will bring better service efficiency and customer experience.</p><p>3<b>\"The First Stock of New Tea Drinks\", or Affect the Development of Global Brands</b></p><p>From an enlarged perspective, what is the significance of \"the first share of new tea drinks\"?</p><p>First of all, China's freshly made tea market, especially the high-end freshly made tea market, is an undisputed golden track.</p><p>From 2015 to 2020, the retail value generated by high-end freshly made tea drinks in China increased to approximately RMB12.9 billion, representing a CAGR of 75.8%. At the same time,<b>This value is expected to further increase at a CAGR of 32.2% to approximately 52.2 billion yuan in 2025, which will account for approximately 24.8% of the total consumption value of freshly made tea products in the same year.</b></p><p><img src=\"https://static.tigerbbs.com/57239b9d8a23d0247543238b6c1bab9b\" tg-width=\"929\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p><p>Correspondingly, the entrepreneurial boom of new tea drinks has quickly triggered and intensified. According to the data of enterprises, at present, there are 324,200 milk tea-related enterprises in China, and the annual registration of such enterprises has increased greatly year by year. However, looking at the market, there are actually few tea brands well known to consumers, and few can be called high-end tea brands.<b>According to iiMedia Consulting data, as of the first quarter of 2021, there were only three companies: Naixue, Heytea and Lele Tea.</b></p><p>This reflects that although the new tea market is vast and the entry threshold seems to be low, the competition risk is huge, the brand is difficult to mold, and it has certain capital requirements.<b>It also means that the new tea track, especially the high-end segment, is not a low barrier. Leading brands such as Naixue occupy a first-mover advantage and are more likely to share industrial dividends, which may incubate global high-end tea brands and fill the market gap.</b>After Nayuki takes the lead in landing in the capital market, it will expand its advantages in brand building and capital strength, and its competitiveness will be strengthened again.</p><p>According to the data of CIC Consulting, by the end of 2020, the number of high-end freshly made teahouses in China was about 3,000-4,000, with Naixue stores accounting for 12.5%-17%; At the same time, the total number of stores including Heytea, Lele Tea and Cha Yan Yue Se was approximately 1,487, which was far lower than Starbucks' 5,000 stores in the PRC market. Considering the new era of main consumption, the national confidence is unprecedented, and the tea culture has a larger audience, there is undoubtedly room for further store expansion.</p><p>It is worth noting that Naixue's next plan is to push Naixue's Tea PRO, with a store area of 80-200 square meters. Compared with standard stores, it has stronger market penetration, higher replication efficiency and shorter return on investment cycle. Such a portfolio of stores may be able to bring a richer experience to consumers and facilitate expansion, which is expected to accelerate its seizure of the incremental market of high-end freshly made tea drinks in China.</p><p>From another perspective, brands in the big consumption field can be roughly divided into two categories: product category and service category. The most powerful one in the product category is the brand that can make consumers form high viscosity consumption habits. Such products can often leave users with a very deep experience, provide guarantee for business continuity and repurchase rate, and the price sensitivity is not high, and the profit performance is good. Therefore, this consumer brand is often favored by the capital market.</p><p>For Chinese consumers, tobacco, wine and tea are all indispensable products in life, and a large number of such brands have been produced. Typical cases of wine are Maotai and Wuliangye, but typical cases of tea have not yet appeared. The culture carried by tea also needs to be promoted by brand power. The birth of \"the first new tea drink\" is an excellent opportunity. I believe that the typical case of the first tea is likely to be Naixue.</p><p>4<b>epilogue</b></p><p>The core opportunity in the big consumption field lies in whether brands can build a brand-new lifestyle that is accepted by the new generation of people. This new lifestyle is reflected in two aspects: First, whether new scientific and technological elements can be applied to enable consumers to get better product experience and service experience; The second is whether a new cultural element can be created, so that the values recognized by consumers can be reflected.</p><p>If these two things can be done, then this brand will generate a huge increase, and it can even be popular all over the world in the future. At present, Naixue is changing young people's tea consumption habits, and cultural innovation and technology fashion are driving Naixue's continuous growth. Under the company's emerging global business thinking, Naixue may become a new business card of Chinese tea culture in the international consumer market.</p><p>From a cup of traditional tea to a cup of new tea drinks, Chinese people's love for tea has never changed.</p>","source":"gelonghui_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>\"The First Tea Drink Stock\" Naixue's Tea Passed the Hearing, with an annual profit of 62.17 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n\"The First Tea Drink Stock\" Naixue's Tea Passed the Hearing, with an annual profit of 62.17 million\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">格隆汇</strong><span class=\"h-time small\">2021-06-06 20:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As Naixue's tea (hereinafter referred to as \"Naixue\") passes the hearing of HKEx, the footsteps of \"the first new tea drink\" are getting closer and closer.</p><p>Both the capital circle and practitioners seem to be looking forward to the \"starting gun\" of the new tea track. It is tacitly understood that if Naixue can \"become an instant hit\", the global high-end tea brand may accelerate its incubation, and the upsurge of new tea listing will surely surge out.</p><p>Today, Naixue is only one step away from going public. Many problems in the new tea track may soon be answered by the market.</p><p>1<b>The \"loss puzzle\" is solved, and the epidemic is still profitable</b></p><p>And why does Naixue's listing contain so many deep meanings and become a good industry observation window?</p><p>All along, the biggest torture of Nayuki in the market is profit. With the disclosure of the prospectus after the hearing, its \"loss puzzle\" finally got a clear and powerful response. The prospectus shows that,<b>According to IAS 17, Nayuki achieved an adjusted net profit of 62.17 million in 2020,</b>This may mean that the market's cognition of the value of Naixue and even the industry ecology of new tea drinks will be reshaped.</p><p>In the past few years, Naixue has always maintained a rapid expansion trend. According to the prospectus, as of the end of 2017, the number of Naixue teahouses was 44. This data was refreshed to 491 on December 31, 2020, of which 489 stores were distributed in 66 cities in mainland China, and two were located in Hong Kong SAR and Japan respectively. As of the Latest Practicable Date, the number of Nayuki stores had increased to 556. According to CIC, Naixue's share in China's high-end freshly made teahouse market reached 18.9% in terms of total retail consumption in 2020.</p><p><b>Different from many tea brands that are open to join, at present, all stores of Naixue are directly operated stores.</b>The pure direct mode also means a higher upfront investment, and the formation of the underlying capabilities of retail back-end such as supply chain usually requires \"long-termism\". Corresponding also see,<b>For Nayuki, the cost of materials and labor has always been the most important fixed expenditure, rather than the store rent that the outside world thought earlier.</b>Among them, the cost of raw materials accounted for the highest proportion for three consecutive years, and from 2018 to 2020<b>35.3%, 36.6% and 37.9%, compared with the average proportion of raw materials in the coffee industry in 2020, Nayuki was nearly double that of the same year.</b></p><p>However, once the underlying capability is formed, it can empower the retail front-end and quickly enlarge the competitiveness of enterprises. In the same period, the average sales of Naixue per order remained around 43 yuan, which was higher than the industry average of 35 yuan. During the performance period,<b>The first break-even period of Nayuki stores is about 4 months, and the payback period of stores opened in 2018 is only 10.6 months.</b>Market data shows that the cycle for Chinese food brands to achieve breakeven and cash investment return for the first time is usually 3-6 months and 15-20 months, compared with Nayuki, which has a significant advantage.</p><p><img src=\"https://static.tigerbbs.com/4a4d8f37117cc89ba93a090ca0f187d3\" tg-width=\"933\" tg-height=\"536\" referrerpolicy=\"no-referrer\"></p><p>Mapping to financial performance,<b>From 2018 to 2020, Naixue achieved revenue of 1.087 billion yuan, 2.502 billion yuan and 3.057 billion yuan respectively, with a compound annual growth rate of 67.7%.</b>With the continuous improvement of Nayuki's profitability, it turned losses into profits. Nayuki's adjusted net profit (non-IFRS measurement) changed from a loss of 11.74 million yuan in 2019 to a profit of 16.64 million yuan in 2020.<b>In accordance with IAS 17, Naixue achieved an adjusted net profit of 62.17 million in 2020.</b></p><p><img src=\"https://static.tigerbbs.com/7e3fe1dddb07b20aa53d8838d1a7183c\" tg-width=\"822\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p>In the follow-up, Naixue made it clear that it would not cut the cost of raw materials in response to the cost issue. Then, the focus of cost control in the future may fall on improving the level of supply chain. If Naixue's supply chain can exert greater efficiency, it will not only greatly reduce its operating costs and increase its profit margin, but also continue to enlarge its retail front-end competitiveness and build a safer commercial moat. At the same time, considering that direct-operated stores have obvious advantages in developing new products for unified operating standards, convenient brand management, and face consumers directly, Naixue's pure direct-operated model is gradually \"running through\", and its future operating performance may be more optimistic.</p><p>2<b>Choice and opportunity, seize the mind of the main consumer</b></p><p>What is further worth exploring is: at present, new tea shops are all over China, and brand players with their own characteristics are emerging in an endless stream. How can Naixue \"keep the clouds open\" and seize the minds of consumers?</p><p>In the author's opinion, the key reason lies in Naixue's corporate gene and timing of entry. Since its establishment, Naixue's goal is to build a high-end tea brand. In the iteration of young consumers who have higher requirements for quality and taste and are more willing to pay a premium for the brand, it has gradually formed strong brand loyalty and built competitive barriers.</p><p>More specifically,<b>Nayuki has both remarkable product innovation ability and social space scene, which determines that it gradually widens the gap with a group of competitors.</b></p><p>At present, Naixue's core menu has more than 25 classic tea drinks and more than 25 classic baking products, and on the basis, it continues to launch new products inspired by fresh fruits in the season. According to incomplete statistics, since 2018, Naixue has offered an average of one new drink every week, and at present, about 60 seasonal products have been launched.</p><p><img src=\"https://static.tigerbbs.com/56736f6fc446952add753bee71c2514e\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"></p><p>In addition, high-end freshly made tea shops focus on using high-quality and fresh ingredients to produce freshly made tea drinks, and their chain enterprises require standardized quality control capabilities to ensure the safety of food and the market fit of taste. Nayuki has many years of cooperation with high-quality tea gardens and orchards in many places, and has reached in-depth cooperation with renowned suppliers to ensure that key raw materials are customized according to brand standards with unique supply chain resources. Achieving this requires significant scale effect and strong bargaining power of enterprises as the basis, and it is also clear that the threshold of high-end fresh tea drinking track is much higher than ordinary people imagine.</p><p>Overall, in fact, all service industries ultimately operate a kind of trust. Whoever can win the ultimate trust of customers can stand forever. Judging from the high raw material cost of Nayuki, Nayuki has always insisted on bringing consumers higher quality and healthier products. I believe this will also be one of the key points for Nayuki to win the deep trust of customers.</p><p>In addition, Nayuki's digital membership system has sufficient potential and is expected to continue to optimize the customer experience.</p><p><b>Up to now, the registered members of Naixue's membership system are close to 35 million, and online order revenue accounts for nearly 70%.</b>In 2020, 49% of total Nayuki orders came from members. It is a vast database that contains valuable data on customer behavior and preferences.</p><p>At the same time, with the change of the main consumer force, new consumption trends are constantly emerging, which puts forward higher requirements for the brand's commercial sense of smell. In this dimension, data strength determines competitiveness and begins to influence the development trend of brands. Relying on the huge data assets accumulated by time, Naixue can more accurately judge the changes of consumer demand. At the same time, the more customer groups Naixue serves in the future, the more accurate its understanding of consumers will be. This growing ecological service system will bring better service efficiency and customer experience.</p><p>3<b>\"The First Stock of New Tea Drinks\", or Affect the Development of Global Brands</b></p><p>From an enlarged perspective, what is the significance of \"the first share of new tea drinks\"?</p><p>First of all, China's freshly made tea market, especially the high-end freshly made tea market, is an undisputed golden track.</p><p>From 2015 to 2020, the retail value generated by high-end freshly made tea drinks in China increased to approximately RMB12.9 billion, representing a CAGR of 75.8%. At the same time,<b>This value is expected to further increase at a CAGR of 32.2% to approximately 52.2 billion yuan in 2025, which will account for approximately 24.8% of the total consumption value of freshly made tea products in the same year.</b></p><p><img src=\"https://static.tigerbbs.com/57239b9d8a23d0247543238b6c1bab9b\" tg-width=\"929\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p><p>Correspondingly, the entrepreneurial boom of new tea drinks has quickly triggered and intensified. According to the data of enterprises, at present, there are 324,200 milk tea-related enterprises in China, and the annual registration of such enterprises has increased greatly year by year. However, looking at the market, there are actually few tea brands well known to consumers, and few can be called high-end tea brands.<b>According to iiMedia Consulting data, as of the first quarter of 2021, there were only three companies: Naixue, Heytea and Lele Tea.</b></p><p>This reflects that although the new tea market is vast and the entry threshold seems to be low, the competition risk is huge, the brand is difficult to mold, and it has certain capital requirements.<b>It also means that the new tea track, especially the high-end segment, is not a low barrier. Leading brands such as Naixue occupy a first-mover advantage and are more likely to share industrial dividends, which may incubate global high-end tea brands and fill the market gap.</b>After Nayuki takes the lead in landing in the capital market, it will expand its advantages in brand building and capital strength, and its competitiveness will be strengthened again.</p><p>According to the data of CIC Consulting, by the end of 2020, the number of high-end freshly made teahouses in China was about 3,000-4,000, with Naixue stores accounting for 12.5%-17%; At the same time, the total number of stores including Heytea, Lele Tea and Cha Yan Yue Se was approximately 1,487, which was far lower than Starbucks' 5,000 stores in the PRC market. Considering the new era of main consumption, the national confidence is unprecedented, and the tea culture has a larger audience, there is undoubtedly room for further store expansion.</p><p>It is worth noting that Naixue's next plan is to push Naixue's Tea PRO, with a store area of 80-200 square meters. Compared with standard stores, it has stronger market penetration, higher replication efficiency and shorter return on investment cycle. Such a portfolio of stores may be able to bring a richer experience to consumers and facilitate expansion, which is expected to accelerate its seizure of the incremental market of high-end freshly made tea drinks in China.</p><p>From another perspective, brands in the big consumption field can be roughly divided into two categories: product category and service category. The most powerful one in the product category is the brand that can make consumers form high viscosity consumption habits. Such products can often leave users with a very deep experience, provide guarantee for business continuity and repurchase rate, and the price sensitivity is not high, and the profit performance is good. Therefore, this consumer brand is often favored by the capital market.</p><p>For Chinese consumers, tobacco, wine and tea are all indispensable products in life, and a large number of such brands have been produced. Typical cases of wine are Maotai and Wuliangye, but typical cases of tea have not yet appeared. The culture carried by tea also needs to be promoted by brand power. The birth of \"the first new tea drink\" is an excellent opportunity. I believe that the typical case of the first tea is likely to be Naixue.</p><p>4<b>epilogue</b></p><p>The core opportunity in the big consumption field lies in whether brands can build a brand-new lifestyle that is accepted by the new generation of people. This new lifestyle is reflected in two aspects: First, whether new scientific and technological elements can be applied to enable consumers to get better product experience and service experience; The second is whether a new cultural element can be created, so that the values recognized by consumers can be reflected.</p><p>If these two things can be done, then this brand will generate a huge increase, and it can even be popular all over the world in the future. At present, Naixue is changing young people's tea consumption habits, and cultural innovation and technology fashion are driving Naixue's continuous growth. Under the company's emerging global business thinking, Naixue may become a new business card of Chinese tea culture in the international consumer market.</p><p>From a cup of traditional tea to a cup of new tea drinks, Chinese people's love for tea has never changed.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.gelonghui.com/p/468993\">格隆汇</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/56736f6fc446952add753bee71c2514e","relate_stocks":{},"source_url":"https://www.gelonghui.com/p/468993","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"1156877497","content_text":"随着奈雪的茶（以下简称“奈雪”）通过港交所聆讯，“新茶饮第一股”的脚步越来越近。无论是资本圈，还是从业者，似乎都在期待着新茶饮赛道的这声“发令枪”打响。心照不宣的是：如果奈雪能够“一炮而红”，全球化高端茶饮品牌或加速孵化，新茶饮上市热潮亦必将奔涌而出。如今，奈雪离上市仅有一步之遥。新茶饮赛道的诸多问题，或许很快就会得到市场的答案。1“亏损迷局”解开，遭遇疫情依然盈利而奈雪上市何以蕴藏如此多的深意，成为不错的行业观察窗口？一直以来，市场对奈雪最大的拷问即是盈利。随着聆讯后招股书的披露，其“亏损迷局”终于得到明确而有力的回应。招股书显示，按照国际会计准则第17号，奈雪2020年全年实现经调整净利润6217万，这或许意味着，市场对于奈雪的价值认知，乃至新茶饮的行业生态将要重塑。过去几年，奈雪始终保持着较快的扩张态势。招股书显示，截至2017年底，奈雪茶饮店数量为44间，这一数据于2020年12月31日被刷新为491间，其中489间门店分布在中国大陆66个城市，还有两间分别位于香港特区和日本。截至最后实际可行日期，奈雪门店数量已经增至556间。根据灼识咨询数据，以2020年零售消费总值计，奈雪在中国高端现制茶饮店市场中的份额达到18.9%。区别于众多开放加盟的茶饮品牌，目前奈雪所有门店均为直营店。纯粹的直营模式同样意味着较高的前期投入，供应链等零售后端底层能力的形成通常需要“长期主义”。对应也看到，对奈雪来说材料和人工成本一直是最主要的固定支出，而非早前外界以为的店铺租金。其中，原料成本更是连续3年占比最高，2018年至2020年依次为35.3%、36.6%、37.9%，对比2020年咖啡行业原料占比均值，奈雪同年高出近一倍。但往往，底层能力一旦形成便能够赋能零售前端，迅速放大企业竞争力。同期，奈雪每单平均销售额保持在43元左右，高于行业均值的35元。业绩期内，奈雪门店首次盈亏平衡期约4个月，2018年开业的门店投资回收期仅为10.6个月。市场数据显示，中餐品牌首次达成盈亏平衡及现金投资回报的周期通常为3-6个月及15-20个月，相比之下奈雪具有显著优越性。映射到财务表现上，2018-2020年，奈雪分别实现营收10.87亿元、25.02亿元、30.57亿元，复合年增长达到67.7%。随之奈雪的盈利能力持续提升，实现扭亏为盈。奈雪经调整净利润（非国际财务报告准则计量）由2019年的亏损1174万元，转为2020年的盈利1664万元。且按照国际会计准则第17号，奈雪2020年全年实现经调整净利润6217万。后续而言，奈雪针对成本问题曾明确表态不会削减原料成本。那么，未来成本控制的重心或落在提升供应链水平等方面。而如果奈雪的供应链能够发挥出更大效能，不仅将大大压缩其经营成本，增加盈利空间，还将继续放大其零售前端的竞争力，构建起更安全的商业护城河。同时考虑到，直营门店为统一操作标准、方便品牌管理，且直面消费者，在开发新产品等方面具有明显优势，奈雪的纯直营模式逐渐“跑通”，其未来经营业绩可能会更加乐观。2选择与时机，抢占消费主力心智进一步值得探讨的是：当下新茶饮店遍布中国，各具特色的品牌玩家层出不穷，奈雪又是何以“守得云开”，抢占消费者心智的？笔者看来，关键原因在于奈雪的企业基因与进场时机。奈雪自成立之初所坚持的目标即是打造高端茶饮品牌，在对品质和口感要求较高，更愿为品牌付出溢价的年轻消费主力迭代中，其逐步形成了较强的品牌忠诚度，构筑出竞争壁垒。更具体的层面而言，奈雪兼具风格显著的产品创新能力和社交空间场景，决定其与一众竞争者逐步拉开差距。目前，奈雪的核心菜单拥有超过25种经典茶饮，25种以上的经典烘焙产品品类，并在基础之上以当季鲜果为灵感持续推出特色新品。不完全统计，自2018年以来，奈雪平均每周上新一款饮品，目前已推出约60种季节性产品。并且，高端现制茶饮店专注使用优质、新鲜配料生产现制茶饮，其连锁企业要求标准化品控能力，保障食品的安全性及口味的市场契合度。奈雪与多地的优质茶园、果园均有多年合作关系，且与知名供应商达成深度合作，以独有的供应链资源确保主要原料按品牌标准定制。实现这一点需要有显著的规模效应和极强的企业议价能力作为基础，也侧面明确高端现制茶饮赛道的门槛要比普通人想象的高得多。纵观之下，其实所有的服务业最终经营的都是一种信任，谁能够赢得客户的终极信任，就可以永远屹立。从奈雪居高不减的原材料成本来看，奈雪一直坚持给消费者带来更高品质、更健康的产品，相信这也会是奈雪能赢得客户深度信任的关键点之一。此外，奈雪的数字化会员体系势能充足，或有望继续优化客户体验。截至目前，奈雪会员体系的注册会员接近3500万，线上订单收入占比近7成。2020年，奈雪订单总数中有49%来自会员。这是一个庞大的数据库，其中包含着客户行为及偏好的宝贵数据。同时随着消费主力的更迭，新的消费趋势不断涌现，进而对品牌的商业嗅觉提出更高要求，在这个维度上，数据实力即决定竞争能力，开始左右品牌的发展走向。依靠时间积累出的庞大数据资产，则可以让奈雪更精准地判断消费者需求的变化。同时，未来奈雪服务的客户群体人数越多，它对消费者的理解也就越精准，这种具有生长力的生态服务体系将带来更好的服务效率和客户体验。3“新茶饮第一股”，或牵动全球性品牌发展放大视野来看，“新茶饮第一股”的意义究竟在哪？首先，中国现制茶饮市场，尤其高端现制茶饮市场，是为不争的黄金赛道。2015-2020年，中国高端现制茶饮所产生的零售价值增至约129亿元，复合年增长率达到75.8%。同时，这一数值预计将以32.2%的复合年增长率进一步增至2025年的约522亿元，将占同年现制茶饮产品消费价值总额的约24.8%。与之对应，新茶饮创业热潮迅速引发且愈演愈烈。企查查数据显示，目前中国共有32.42万家奶茶相关企业，这类企业年注册量逐年大增。但纵观市场，为消费者熟知的茶饮品牌其实为数不多，能称上高端现制茶饮品牌的更是寥寥。据艾媒咨询数据，截至2021年一季度，仅有奈雪、喜茶、乐乐茶三家。这反映出，新茶饮市场虽然广阔且看似入行门槛不高，但竞争风险巨大、品牌难塑、具有一定资本要求。也意味着新茶饮赛道尤其高端细分领域，并非低壁垒，奈雪等头部品牌占据先发优势，更有望分享产业红利，进而可能孵化全球化高端茶饮品牌，填补市场空白。奈雪率先登陆资本市场后，将在品牌塑造及资本实力等方面扩大优势，竞争力再度增强。灼识咨询数据显示，截至2020年底，中国高端现制茶饮店数量约为3000-4000间，奈雪门店占比在12.5%-17%之间；同时包含喜茶、乐乐茶及茶颜悦色在内的门店数量合共约1487间，远低于星巴克在中国市场所拥有5000家门店数量。考虑到新消费主力时代，民族自信空前，茶文化拥有更为庞大的受众，无疑存在进一步的门店扩容空间。且值得注意的是，奈雪下一步计划主推奈雪的茶PRO，店铺面积在80-200平。其较标准店而言的市场渗透力更强，复制效率更高，投资回报周期也更短。这样的门店组合或许能够为消费者带来更丰富的体验，利于扩张，使其有望加速抢占中国高端现制茶饮市场的增量。另外的角度来看，大消费领域的品牌大致可分为产品类和服务类两大类别，产品类中最为强大的是能使得消费者形成高粘度消费习惯的品牌。这类产品往往可以让用户留下非常深的体验，为业务持续性和复购率提供保证，且价格敏感度不高，利润表现较好。也是因此，这种消费品牌往往受到资本市场青睐。对中国的消费者来说，烟、酒、茶都是生活中不可缺少的产品，其中产生了大量的这种品牌。酒的典型案例如茅台、五粮液，但茶的典型案例却尚未出现。茶所承载的文化亦需要依靠品牌力量去推动，“新茶饮第一股”的诞生便是绝佳机会，相信第一个茶的典型案例很大可能会是奈雪。4尾声大消费领域的核心机会正是在于，品牌能否构建一个全新的、被新生代人群接受的生活方式。这种新的生活方式体现在两个方面：一是能不能应用到新的科技元素，以使消费者获得更好的产品体验和服务体验；二是能不能创造出一种新的文化元素，以使消费者认同的价值观得到体现。如果能够做到这两点，那么这个品牌就会产生巨大的增量，未来甚至可以风行全球。目前来看，奈雪正在改变年轻人的茶消费习惯，文化创新融合科技时尚驱动着奈雪的持续成长，在公司锋芒初现的全球化商业思维下，奈雪或将成为国际消费市场上，中国茶文化的一张新名片。从一杯传统清茶，到一杯新式茶饮，中国人对茶的喜爱从未改变。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130380526,"gmtCreate":1621512805365,"gmtModify":1704358827593,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"R.I.P","listText":"R.I.P","text":"R.I.P","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130380526","repostId":"1172260099","repostType":4,"isVote":1,"tweetType":1,"viewCount":2411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191788749,"gmtCreate":1620908014381,"gmtModify":1704350247042,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3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19:17","market":"hk","language":"zh","title":"Alibaba Earnings Report: First Quarterly Loss, Full Year GMV Record","url":"https://stock-news.laohu8.com/highlight/detail?id=1195138527","media":"老虎资讯综合","summary":"5月13日，$阿里巴巴$集团发布2021财年四季度及全年财报。·里程碑：2021全财年全球年度活跃消费者达10亿，阿里巴巴生态体系GMV达到8.119万亿元人民币。中国零售市场表现稳健，四季度淘宝GMV增长加快，淘宝直播财年GMV超5000亿元。·公司季度经营亏损76.63亿，为阿里上市以来的首次季度亏损，公司称这主要受反垄断调查的罚款影响。阿里巴巴首席财务官武卫︰我们在2021财年的收入超过了年度收入指引，实现了同比32%的强劲增长。","content":"<p>May 13,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>The Group released its fourth quarter and full year financial report for fiscal year 2021.</p><p><b>general situation</b></p><p>·<b>Milestone: Global annual active consumers reached 1 billion in FY2021, and the GMV of Alibaba ecosystem reached 8.119 trillion yuan</b>。</p><p>· Annual active consumers in China's retail market were 811 million, representing an increase of 85 million over the 12 months ended March 31, 2020. China's retail market performed steadily, with the growth of Taobao's GMV accelerating in the fourth quarter, and the GMV of Taobao Live in the fiscal year exceeded 500 billion yuan.</p><p><img src=\"https://static.tigerbbs.com/7221fbd8f9f1f9dbb68fbfe8c1afb2b7\" tg-width=\"800\" tg-height=\"181\" referrerpolicy=\"no-referrer\"></p><p>· Multi-engine driven growth is obvious: rookie continues to grow at a high rate, with an increase of 68% in the whole fiscal year; The revenue of cloud computing business in the whole fiscal year increased by 50% year-on-year to 60.12 billion yuan, maintaining the previous steady and rising development momentum.</p><p>· The company's quarterly operating loss of 7.663 billion yuan was the first quarterly loss since Ali's listing, which the company said was mainly affected by fines from antitrust investigations.</p><p><b>KEY FINANCIAL POSITION</b></p><p><b>Fourth Quarter of Fiscal 2021 (January-March 2021)</b></p><p><ul><li>Revenue:<b>RMB187,395 million, representing a year-on-year increase of 64%</b>； Expected: 178.180 billion yuan.</li><li>Excluding the impact of the merger of Sun Art Retail, revenue amounted to RMB159,952 million (US$24,413 million), representing a year-on-year increase of 40%.</li><li><b>Alibaba's operating loss for the quarter was RMB7,663 million (US$1,170 million), primarily due to a fine of RMB18,228 million (US$2,782 million) imposed by the State Administration for Market Regulation in connection with China's antitrust law</b>。 Excluding this one-off impact, our operating profit was RMB10,565 million (US$1,612 million), representing a year-over-year increase of 48%.</li></ul><img src=\"https://static.tigerbbs.com/813b554fe1d8b36f4724739911d359db\" tg-width=\"800\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p><p><b>Full year of FY2021 (ended 31 March 2021)</b></p><p><ul><li>Revenue:<b>RMB717,289 million, representing a year-on-year increase of 41%</b>； Expected: 709.233 billion yuan.</li><li>Excluding the impact of the merger of Sun Art Retail beginning in October 2020, revenue would be RMB674,420 million (US$102,937 million), representing a year-on-year increase of 32%.</li><li>Net income attributable to shareholders for fiscal 2021 was RMB150,308 million (US$22,941 million) and net income was RMB143,284 million (US$21,869 million).</li><li>Excluding certain items such as antitrust law fines and Ant Group's related equity incentive expenses, non-GAAP net profit was RMB171.985 billion (US$26.25 billion), representing a year-on-year increase of 30%.</li><li>Earnings per share for fiscal 2021 were RMB54.7, compared with market expectations of RMB58.51 and RMB55.93 for the same period last year.</li></ul><img src=\"https://static.tigerbbs.com/363f43691583bf8ca183754ec49cdd3b\" tg-width=\"800\" tg-height=\"562\" referrerpolicy=\"no-referrer\"></p><p><b>Executive Interpretation</b></p><p>Zhang Yong, Chairman and CEO of Alibaba: We are full of expectations for China's consumption-driven economic growth. We will continue to focus on user experience and create customer value through innovation, so as to fulfill our mission of making business easy in the digital age. Alibaba Group reached the historic milestone of 1 billion annual active consumers worldwide in fiscal 2021. Our overall business has grown strongly on a healthy basis, and the Alibaba ecosystem has also achieved a new record GMV of US$1.2 trillion this fiscal year.</p><p>Wu Wei, Alibaba Chief Financial Officer: Our revenue in fiscal 2021 exceeded the annual revenue guidance, delivering strong year-over-year growth of 32% (excluding the newly acquired Sun Art Retail consolidation). This was driven by the strong performance of our core businesses and the continued growth of Alibaba Cloud.</p><p><img src=\"https://static.tigerbbs.com/572fe970d9ce420ef138b95fdca1c20d\" tg-width=\"550\" tg-height=\"2667\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Earnings Report: First Quarterly Loss, Full Year GMV Record</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Earnings Report: First Quarterly Loss, Full Year GMV Record\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-13 19:17</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>May 13,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>The Group released its fourth quarter and full year financial report for fiscal year 2021.</p><p><b>general situation</b></p><p>·<b>Milestone: Global annual active consumers reached 1 billion in FY2021, and the GMV of Alibaba ecosystem reached 8.119 trillion yuan</b>。</p><p>· Annual active consumers in China's retail market were 811 million, representing an increase of 85 million over the 12 months ended March 31, 2020. China's retail market performed steadily, with the growth of Taobao's GMV accelerating in the fourth quarter, and the GMV of Taobao Live in the fiscal year exceeded 500 billion yuan.</p><p><img src=\"https://static.tigerbbs.com/7221fbd8f9f1f9dbb68fbfe8c1afb2b7\" tg-width=\"800\" tg-height=\"181\" referrerpolicy=\"no-referrer\"></p><p>· Multi-engine driven growth is obvious: rookie continues to grow at a high rate, with an increase of 68% in the whole fiscal year; The revenue of cloud computing business in the whole fiscal year increased by 50% year-on-year to 60.12 billion yuan, maintaining the previous steady and rising development momentum.</p><p>· The company's quarterly operating loss of 7.663 billion yuan was the first quarterly loss since Ali's listing, which the company said was mainly affected by fines from antitrust investigations.</p><p><b>KEY FINANCIAL POSITION</b></p><p><b>Fourth Quarter of Fiscal 2021 (January-March 2021)</b></p><p><ul><li>Revenue:<b>RMB187,395 million, representing a year-on-year increase of 64%</b>； Expected: 178.180 billion yuan.</li><li>Excluding the impact of the merger of Sun Art Retail, revenue amounted to RMB159,952 million (US$24,413 million), representing a year-on-year increase of 40%.</li><li><b>Alibaba's operating loss for the quarter was RMB7,663 million (US$1,170 million), primarily due to a fine of RMB18,228 million (US$2,782 million) imposed by the State Administration for Market Regulation in connection with China's antitrust law</b>。 Excluding this one-off impact, our operating profit was RMB10,565 million (US$1,612 million), representing a year-over-year increase of 48%.</li></ul><img src=\"https://static.tigerbbs.com/813b554fe1d8b36f4724739911d359db\" tg-width=\"800\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p><p><b>Full year of FY2021 (ended 31 March 2021)</b></p><p><ul><li>Revenue:<b>RMB717,289 million, representing a year-on-year increase of 41%</b>； Expected: 709.233 billion yuan.</li><li>Excluding the impact of the merger of Sun Art Retail beginning in October 2020, revenue would be RMB674,420 million (US$102,937 million), representing a year-on-year increase of 32%.</li><li>Net income attributable to shareholders for fiscal 2021 was RMB150,308 million (US$22,941 million) and net income was RMB143,284 million (US$21,869 million).</li><li>Excluding certain items such as antitrust law fines and Ant Group's related equity incentive expenses, non-GAAP net profit was RMB171.985 billion (US$26.25 billion), representing a year-on-year increase of 30%.</li><li>Earnings per share for fiscal 2021 were RMB54.7, compared with market expectations of RMB58.51 and RMB55.93 for the same period last year.</li></ul><img src=\"https://static.tigerbbs.com/363f43691583bf8ca183754ec49cdd3b\" tg-width=\"800\" tg-height=\"562\" referrerpolicy=\"no-referrer\"></p><p><b>Executive Interpretation</b></p><p>Zhang Yong, Chairman and CEO of Alibaba: We are full of expectations for China's consumption-driven economic growth. We will continue to focus on user experience and create customer value through innovation, so as to fulfill our mission of making business easy in the digital age. Alibaba Group reached the historic milestone of 1 billion annual active consumers worldwide in fiscal 2021. Our overall business has grown strongly on a healthy basis, and the Alibaba ecosystem has also achieved a new record GMV of US$1.2 trillion this fiscal year.</p><p>Wu Wei, Alibaba Chief Financial Officer: Our revenue in fiscal 2021 exceeded the annual revenue guidance, delivering strong year-over-year growth of 32% (excluding the newly acquired Sun Art Retail consolidation). This was driven by the strong performance of our core businesses and the continued growth of Alibaba Cloud.</p><p><img src=\"https://static.tigerbbs.com/572fe970d9ce420ef138b95fdca1c20d\" tg-width=\"550\" tg-height=\"2667\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d752152b73947ff2f4b1c08ab9eecc39","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195138527","content_text":"5月13日，阿里巴巴集团发布2021财年四季度及全年财报。概况·里程碑：2021全财年全球年度活跃消费者达10亿，阿里巴巴生态体系GMV达到8.119万亿元人民币。·中国零售市场年度活跃消费者为8.11亿，较截至2020年3月31日止12个月增加8,500万。中国零售市场表现稳健，四季度淘宝GMV增长加快，淘宝直播财年GMV超5000亿元。·多引擎驱动增长明显：菜鸟持续高增长，全财年增长68%；云计算业务全财年收入同比增长50%，达到601.2亿元，维持此前稳中有升的发展势头。·公司季度经营亏损76.63亿，为阿里上市以来的首次季度亏损，公司称这主要受反垄断调查的罚款影响。主要财务情况2021财年四季度（2021年1月-3月）营收：人民币1873.95亿元，同比增长64%；预期：1781.80亿元。若不考虑合并高鑫零售的影响，收入为人民币1,599.52亿元（244.13亿美元），将同比增长40%。阿里巴巴本季度经营亏损为人民币76.63亿元（11.70亿美元），主要由于国家市场监督管理总局就中国反垄断法处以罚款人民币182.28亿元（27.82亿美元）。剔除该一次性影响，我们的经营利润为人民币105.65亿元（16.12亿美元），同比增长48%。2021财年全年（截至2021年3月31日止）营收：人民币7172.89亿元，同比增长41%；预期：7092.33亿元。若不考虑自2020年10月开始合并高鑫零售的影响，则收入为人民币6,744.20亿元（1,029.37亿美元），将同比增长32%。2021财年归属股东净利润为人民币1503.08亿元（229.41亿美元），净利润为人民币1432.84亿元（218.69亿美元）。剔除反垄断法罚款及蚂蚁集团相关股权激励费用等若干项目，non-GAAP净利润为人民币1719.85亿元（262.5亿美元），同比增长30%。2021财年每股盈利人民币54.7元，市场预期58.51元，去年同期55.93元。高管解读阿里巴巴董事会主席兼首席执行官张勇：我们对中国消费驱动的经济增长充满期待。我们将继续聚焦用户体验，专注于通过创新创造客户价值，从而实践在数字时代让天下没有难做的生意之使命。阿里巴巴集团于2021财年达到了全球年度活跃消费者10亿的历史性里程碑。我们的整体业务在健康的基础上强劲增长，阿里巴巴生态体系于本财年也实现了1.2万亿美元GMV的新纪录。阿里巴巴首席财务官武卫︰我们在2021财年的收入超过了年度收入指引，实现了同比32%的强劲增长（不含新收购的高鑫零售并表）。这是由于我们核心商业的强劲表现及阿里云的持续增长所推动。","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":2037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322894316,"gmtCreate":1615792022235,"gmtModify":1704786529261,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Noted thanks","listText":"Noted thanks","text":"Noted thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322894316","repostId":"1136225097","repostType":4,"repost":{"id":"1136225097","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615192483,"share":"https://ttm.financial/m/news/1136225097?lang=en_US&edition=fundamental","pubTime":"2021-03-08 16:34","market":"hk","language":"zh","title":"U.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier","url":"https://stock-news.laohu8.com/highlight/detail?id=1136225097","media":"老虎资讯综合","summary":"美东时间3月14日2:00（北京时间3月14日起），北美地区开始实行夏令时，美股市场开盘和收盘均将提前一小时，至美东时间2021年11月7日结束。即美股交易时间更改为北京时间21:30至次日凌晨04:","content":"<p>At 2:00 EST on March 14th (from March 14th, Beijing time), daylight saving time will be implemented in North America, and the U.S. stock market will open and close one hour earlier, ending on November 7th, 2021 EST.</p><p>That is, the trading hours of U.S. stocks are changed from 21:30 Beijing time to 04:00 the next morning, the pre-market trading hours are 16:00 to 21:30, and the after-market trading hours are 04:00 to 08:00. March 15th is the first trading day of U.S. stocks after entering daylight saving time.</p><p>Winter time in Europe will officially end on March 28th, Beijing time, and switch to daylight saving time.</p><p><b>Background Supplement:</b></p><p>Summer time, also known as Daylight saving time and Summer time, is a system that artificially defines regional time to save energy. The uniform time used during the implementation of the system is called \"daylight saving time\". Generally, in early dawn summer, artificially advance the time by one hour, which can make people get up early and go to bed early to reduce the amount of lighting, so as to make full use of sunlight and save electricity.</p><p>It is understood that \"daylight saving time\" in the United States originated in 1918. At that time, the United States first implemented summer time when it entered World War I, but it was cancelled immediately after the war and restored again in 1966.</p><p>The implementation of summer time in the United States is completely determined by states and counties, not by the federal government. Daylight saving time is currently in effect in the vast majority of the United States. Areas in the United States that do not have daylight saving time include: most of Arizona, but a small part of the northeast of the state uses daylight saving time; Hawaii; Puerto Rico and the Virgin Islands; American Samoa, Guam and the Northern Mariana Islands.<img src=\"https://static.tigerbbs.com/2b3c5afcedf9e4a595b7e8bdffd98507\" tg-width=\"1920\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks enter daylight saving time from March 14th, and the opening and closing will be one hour earlier\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-08 16:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>At 2:00 EST on March 14th (from March 14th, Beijing time), daylight saving time will be implemented in North America, and the U.S. stock market will open and close one hour earlier, ending on November 7th, 2021 EST.</p><p>That is, the trading hours of U.S. stocks are changed from 21:30 Beijing time to 04:00 the next morning, the pre-market trading hours are 16:00 to 21:30, and the after-market trading hours are 04:00 to 08:00. March 15th is the first trading day of U.S. stocks after entering daylight saving time.</p><p>Winter time in Europe will officially end on March 28th, Beijing time, and switch to daylight saving time.</p><p><b>Background Supplement:</b></p><p>Summer time, also known as Daylight saving time and Summer time, is a system that artificially defines regional time to save energy. The uniform time used during the implementation of the system is called \"daylight saving time\". Generally, in early dawn summer, artificially advance the time by one hour, which can make people get up early and go to bed early to reduce the amount of lighting, so as to make full use of sunlight and save electricity.</p><p>It is understood that \"daylight saving time\" in the United States originated in 1918. At that time, the United States first implemented summer time when it entered World War I, but it was cancelled immediately after the war and restored again in 1966.</p><p>The implementation of summer time in the United States is completely determined by states and counties, not by the federal government. Daylight saving time is currently in effect in the vast majority of the United States. Areas in the United States that do not have daylight saving time include: most of Arizona, but a small part of the northeast of the state uses daylight saving time; Hawaii; Puerto Rico and the Virgin Islands; American Samoa, Guam and the Northern Mariana Islands.<img src=\"https://static.tigerbbs.com/2b3c5afcedf9e4a595b7e8bdffd98507\" tg-width=\"1920\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2b3c5afcedf9e4a595b7e8bdffd98507","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136225097","content_text":"美东时间3月14日2:00（北京时间3月14日起），北美地区开始实行夏令时，美股市场开盘和收盘均将提前一小时，至美东时间2021年11月7日结束。即美股交易时间更改为北京时间21:30至次日凌晨04:00，盘前交易时间为16:00至21:30，盘后交易时间为04:00至08:00。3月15日为进入夏令时后美股首个交易日。欧洲地区的冬令时时间将会在北京时间 3月28日正式结束，转为夏令时时间。背景补充：夏时制，又称日光节约时制（英语：Daylight saving time）和夏令时间（英语：Summer time），是一种为节约能源而人为规定地区时间的制度。该制度实行期间所采用的统一时间称为“夏令时”。一般在天亮早的夏季人为将时间提前1小时，这样可使人早起早睡减少照明量，以充分利用日光节约用电。据了解，美国“夏令时”起源于1918年，当时的美国在参加第一次世界大战时首次实行夏时制，但战后立即取消，与1966年再次恢复。美国夏时制的实行与否，完全由各州、各县自行决定，不由联邦政府统一规定。目前美国绝大部分地区实行夏令时，美国不实行夏令时的地区包括：亚利桑那州大部分地区，但该州东北的一小部分使用夏令时；夏威夷州；波多黎各和维京群岛；美属萨摩亚、关岛和北马里亚纳群岛。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":437030250635568,"gmtCreate":1747749428435,"gmtModify":1747749431178,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/KOSS\">$高斯电子(KOSS)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;[财迷]&nbsp;&nbsp;[财迷]&nbsp;&nbsp;[财迷]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/KOSS\">$高斯电子(KOSS)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;[财迷]&nbsp;&nbsp;[财迷]&nbsp;&nbsp;[财迷]&nbsp;&nbsp;","text":"$高斯电子(KOSS)$ [财迷] [财迷] [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/437030250635568","isVote":1,"tweetType":1,"viewCount":1607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119649115,"gmtCreate":1622545031337,"gmtModify":1704185997029,"author":{"id":"3567570068519334","authorId":"3567570068519334","name":"胜利曙光","avatar":"https://static.tigerbbs.com/ef4fea1c9347fef2d43cbf3fa476b33e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567570068519334","authorIdStr":"3567570068519334"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119649115","repostId":"1115797550","repostType":4,"isVote":1,"tweetType":1,"viewCount":3373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}