魔王大大 personal page - To The Moon

魔王大大

魔王大大

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2022-12-17

$AMC Entertainment Preferred(APE)$ to the...

2022-12-17

🤜🤜🤜🤜

2022-12-16

Amc fly to the moon

2022-07-06

$AMC院线(AMC)$to the moon

2022-07-05

$Cryptyde Inc(TYDE)$to the moon

2022-07-04

$哔哩哔哩(BILI)$6666

2022-07-03

$Grab Holdings(GRAB)$sigh...

2022-07-02

$Roundhill Ball Metaverse ETF(METV)$666

2022-06-30

$Grab Holdings(GRAB)$die

2022-06-29

$AMC院线(AMC)$666

2022-06-28

$AMC院线(AMC)$666

2022-06-27

$哔哩哔哩(BILI)$666

2022-06-26

$AMC院线(AMC)$666

2022-06-25

$amc 666

2022-06-22

$AMC院线(AMC)$to the moon

2022-06-21

$amc 666

2022-06-19

@amc 666

2022-06-18

666 Amc

2022-06-17

Amc 666

2022-06-16

@amc 666

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ETF(METV)$666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044942352","isVote":1,"tweetType":1,"viewCount":3436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178769925,"gmtCreate":1626838059967,"gmtModify":1703766174367,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"6","listText":"6","text":"6","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/178769925","repostId":"1166715880","repostType":4,"repost":{"id":"1166715880","kind":"news","pubTimestamp":1626836270,"share":"https://ttm.financial/m/news/1166715880?lang=en_US&edition=fundamental","pubTime":"2021-07-21 10:57","market":"sh","language":"zh","title":"Performance \"bottom\", Zhang Kun admits his mistake","url":"https://stock-news.laohu8.com/highlight/detail?id=1166715880","media":"投中网","summary":"面对不断下滑的业绩，张坤也在二季报中罕见“认错”\n\n7月20日凌晨，易方达基金公司公布旗下多只基金产品二季报，其中，“公募一哥”张坤及其管理的4只公募基金再度成为关注的焦点。\n在过去的二季度，张坤管理","content":"<p><b>Faced with declining performance, Zhang Kun also rarely \"admitted his mistake\" in the second quarterly report.</b>In the early morning of July 20, E Fund Company announced the second quarterly reports of many of its fund products. Among them, Zhang Kun, the \"first public offering brother\" and the four Public Offering of Fund under his management, once again became the focus of attention.</p><p>In the past second quarter, the stock positions of E Fund Blue Chip Select Mix, E Fund Small and Medium Cap Mix, E Fund Asia Select Stock and E Fund High-quality Enterprise Three-year Holding Period Mix managed by Zhang Kun all declined to varying degrees. Among them, the proportion of E Fund's small and medium-sized stock positions dropped by 23 percentage points compared with the first quarter, and plummeted to the lowest position at the end of the quarter since Zhang Kun managed E Fund's small and medium-sized stock positions. In addition, Zhang Kun also adjusted the structure in the second quarter, reducing the allocation of food and beverage industries, increasing the allocation of computer and other industries, and continuing to invest heavily in two financial Hong Kong stocks, China Merchants Bank and Hong Kong Stock Exchange.</p><p>The data shows that as of the end of the second quarter, the size of the four funds managed by Zhang Kun was 134.478 billion yuan, a slight increase from 133.109 billion yuan at the end of the previous quarter. Among them, blue-chip selection, small and medium-cap mixed and high-quality enterprise three-year holding period mixed turned losses into profits in the second quarter, with profits for the current period of 5.384 billion yuan, 805 million yuan and 1.122 billion yuan respectively.</p><p><img src=\"https://static.tigerbbs.com/01a751b2749b319a7c6c42ffdd39684c\" tg-width=\"1006\" tg-height=\"361\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Although the size of funds increased and three funds turned losses into profits, compared with their peers, the performance of funds managed by Zhang Kun in the second quarter was not satisfactory. Among them, E Fund Blue Chip Select and E Fund Small and Medium Cap ranked 2833rd and 3187th respectively among the same type of funds (3,403 in total) in the second quarter, while E Fund Asia Select stocks fell to the penultimate place among the same type of funds.</p><p>In the face of declining performance, Zhang Kun also rarely \"admitted his mistakes\" in the second quarterly report, saying that looking back on his past judgments, he found many mistakes. In addition, Zhang Kun also emphasized that judging from the current judgment, the decline in the expected rate of return in the next few years may be inevitable.</p><p><b>Stock positions were all lowered, and Wuliangye Moutai was reduced</b></p><p>First, let's take a look at the changes in the positions of the four funds in Q2 2021.</p><p>According to the report, the stock positions of Zhang Kun's four products all declined to varying degrees in the second quarter. Among them, E Fund's small and medium-sized positions have the largest reduction, with stock positions plummeting from 93.93% at the end of the first quarter to 70.36%. This is the lowest level of the fund since Zhang Kun became the fund manager on September 28, 2012, and it is also the second time that the stock position has dropped below 80% since the third quarter of 2017.</p><p>At the same time, the stock positions of the other three funds were slightly lowered: the proportion of stock positions selected by E Fund blue chips dropped from 93.61% to 90.17%; E Fund's stock position of high-quality enterprises dropped from 94.57% to 89.24%; E Fund Asia Select's stock position decreased from 93.17% to 86.45%.</p><p>Specific to the direction of position adjustment, the four funds have different structural adjustments.</p><p><img src=\"https://static.tigerbbs.com/1683ff0f2a10d195121cffc0e4f458b6\" tg-width=\"512\" tg-height=\"294\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Top ten E Fund blue chip selected positions in Q2 2021</p><p>Compared with the first quarter, E Fund Blue Chip Selection reduced the allocation of computer and other industries and increased the allocation of electronics and other industries in the second quarter. Among the top ten Awkwardness stocks, like Q1 in 2021, Blue Chip Select still holds 4 liquor stocks, but its positions have increased and decreased. Among them, Wuliangye and Kweichow Moutai dropped from 10.05% and 9.86% in Q1 2021 to 9.88% and 9.75%, while the holdings of Luzhou Old Cellar and Yanghe shares increased from 7.62% and 4.68% to 9.71% and 9.68% respectively.</p><p>At the same time, Zhang Kun also increased his holdings in the Hong Kong Stock Exchange, China Merchants Bank and Tencent Holdings in the second quarter, and reduced his holdings in Meituan. As of the end of the second quarter, the Hong Kong Stock Exchange had replaced Wuliangye as the largest holding of E Fund's blue chip selection. In addition, Ping An Bank, whose holdings accounted for 3.25% in Q1, fell out of the top ten and was replaced by Aier Ophthalmology. It is worth mentioning that in Q4 of 2020, Aier Ophthalmology also appeared in the list of the top ten awkward stocks selected by E Fund's blue chips.</p><p><img src=\"https://static.tigerbbs.com/cf129f55b2095a3ab6cabbe0638cf11a\" tg-width=\"512\" tg-height=\"277\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>E Fund's top ten small and medium-cap holdings in Q2 2021</p><p>In the second quarter of 2021, E Fund's small and medium-sized caps increased the allocation of computers and other industries while reducing the allocation of food and beverage industries. Looking at individual stocks specifically, compared with the first quarter, E Fund's top ten small and medium-sized holdings remained unchanged, but it focused on increasing its holdings of Hang Seng Electronics and Hualan Bio, and reducing its holdings of Tongce Medical and Kweichow Moutai.</p><p>Among them, Wuliangye was significantly reduced by Zhang Kun, from the second largest holding in Q1 of 2021 to the seventh largest holding. Meinian Health's holdings have also decreased. In addition, the stock price fell during the reporting period, which has changed from the original The first largest holding stock fell to the sixth largest holding stock.</p><p>Let's take a look at E Fund's three-year holding period mixed for high-quality enterprises.</p><p><img src=\"https://static.tigerbbs.com/75b188fe04c08b16db4160afe2f8ebb0\" tg-width=\"512\" tg-height=\"278\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>The top ten mixed positions of E Fund's high-quality enterprises with three-year holding period in Q1 2021</p><p>Similar to the similar operation of E Fund Blue Chip Selection, the fund reduced its allocation in computer and other industries in the second quarter, and also increased its positions in Luzhou Old Cellar and Yanghe shares and lightened its positions in Wuliangye. But the difference is that the three-year holding period of E Fund's high-quality enterprises has increased the allocation of pharmaceutical, banking and other industries in this period.</p><p>In addition, the fund also increased its holdings of two Hong Kong stock targets, the Hong Kong Stock Exchange and Tencent Holdings, in the second quarter, and reduced its positions in Hikvision and Meituan. At present, Luzhou Old Cellar has become the largest holding stock of E Fund's high-quality enterprises with a three-year holding period with a holding ratio of 9.76%. At the same time, Hualan Bio and Jinxin Fertility fell out of the top ten awkward stocks, and Aier Ophthalmology and Ping An Bank became the top ten new awkward stocks.</p><p>Finally, let's talk about the relatively small and E Fund Asia Select.</p><p><img src=\"https://static.tigerbbs.com/c3ad95bd85c15dec4396047e297b788c\" tg-width=\"997\" tg-height=\"497\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Compared with this year's Q1, Zhang Kun reduced the allocation of consumption and education industries in E Fund Asia Select Fund, and increased the allocation of banking, real estate and other industries. TAL, New Oriental, and STAAR Surgical Co, which had heavy positions in the previous quarter, withdrew from the top ten heavyweight stocks, while Postal Savings Bank of China, China Overseas Land & Investment Co., Ltd., and Vipshop became the top ten new heavyweight stocks.</p><p>It is worth mentioning that in the past second quarter, the current profit of E Fund Asia Select Stocks was-316 million yuan, which was still in a state of loss, and its yield ranked second from the bottom among similar funds.</p><p>In this regard, Zhang Kun specifically mentioned in the quarterly report that in the second quarter, the stock prices of education and training enterprises fell sharply due to policy expectations, which had a certain negative impact on the net value of the fund. This also made him reflect on some assumptions in the long-term investment framework. I hope it can be further improved.</p><p><b>Performance \"bottom\", Zhang Kun rarely \"admits mistakes\"</b></p><p>In fact, in addition to E Fund Asia Select, the performance of the other three funds held by Zhang Kun in the second quarter was also unsatisfactory, far behind other similar fund products.</p><p>According to the data, in the past three months, the best performer among similar funds is Qianhai Kaiyuan New Economy Flexible Allocation Mix, with a yield of over 50%, while Zhang Kun's E Fund High-quality Enterprise Three-year Holding Period Mix, E Fund Blue Chip Select and E Fund Small and Medium Cap The yields in the second quarter were 10.62%, 5.94% and 2.51% respectively, ranking 2103, 2833 and 3187 respectively among similar funds (3,403 in total).</p><p>In this regard, Zhang Kun rarely \"admitted his mistakes\" in the second quarterly report, saying that looking back on his past judgments, he \"found many mistakes\". At the same time, Zhang Kun also expressed his views on the future market in the quarterly report.</p><p>Zhang Kun said that after the epidemic, with the relaxation of global liquidity, global stock markets have risen significantly. For some high-quality companies in industries recognized by the market as having long-term growth space (technology, medicine, consumption, new energy), in addition to being driven by performance growth, their valuations have also been significantly improved. In the face of higher and higher levels of P/E, more and more valuation methods for enterprises use forward (such as 2025 or even 2030) market value discounts back to the current year. It seems that only in this way can investors obtain an acceptable rate of return level.</p><p>He mentioned that for some companies, if all assumptions are fulfilled, they may be able to earn a discount rate or a yield level slightly higher than the discount rate in the next five years, but once they make a mistake, they may face a 30% or even 50% stock price drop. In an environment of abundant liquidity and capital anxiety looking for areas with high returns,<b>In the next few years, the competition faced by many industries may be more intense than in the past five years.</b></p><p>Zhang Kun believes that,<b>I'm afraid the difficulty of judging the competitive landscape of the industry in the next five years will only increase.</b>\"On the whole, if you are correct, you may only get a mediocre rate of return, but once you are wrong, you will face a lot of losses. Under such odds distribution, it is obviously a difficult action for investment. In this case, either conduct in-depth research in popular industries to try to obtain higher probability certainty, or in less crowded industries, sacrifice some probability a little and bear more uncertainty to obtain better odds returns.<b>Judging from the current judgment, the decline in the expected rate of return in the next few years may be inevitable.</b>”</p>","source":"tzw","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>Performance \"bottom\", Zhang Kun admits his mistake</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\">\nPerformance \"bottom\", Zhang Kun admits his mistake\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">投中网</strong><span class=\"h-time small\">2021-07-21 10:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Faced with declining performance, Zhang Kun also rarely \"admitted his mistake\" in the second quarterly report.</b>In the early morning of July 20, E Fund Company announced the second quarterly reports of many of its fund products. Among them, Zhang Kun, the \"first public offering brother\" and the four Public Offering of Fund under his management, once again became the focus of attention.</p><p>In the past second quarter, the stock positions of E Fund Blue Chip Select Mix, E Fund Small and Medium Cap Mix, E Fund Asia Select Stock and E Fund High-quality Enterprise Three-year Holding Period Mix managed by Zhang Kun all declined to varying degrees. Among them, the proportion of E Fund's small and medium-sized stock positions dropped by 23 percentage points compared with the first quarter, and plummeted to the lowest position at the end of the quarter since Zhang Kun managed E Fund's small and medium-sized stock positions. In addition, Zhang Kun also adjusted the structure in the second quarter, reducing the allocation of food and beverage industries, increasing the allocation of computer and other industries, and continuing to invest heavily in two financial Hong Kong stocks, China Merchants Bank and Hong Kong Stock Exchange.</p><p>The data shows that as of the end of the second quarter, the size of the four funds managed by Zhang Kun was 134.478 billion yuan, a slight increase from 133.109 billion yuan at the end of the previous quarter. Among them, blue-chip selection, small and medium-cap mixed and high-quality enterprise three-year holding period mixed turned losses into profits in the second quarter, with profits for the current period of 5.384 billion yuan, 805 million yuan and 1.122 billion yuan respectively.</p><p><img src=\"https://static.tigerbbs.com/01a751b2749b319a7c6c42ffdd39684c\" tg-width=\"1006\" tg-height=\"361\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Although the size of funds increased and three funds turned losses into profits, compared with their peers, the performance of funds managed by Zhang Kun in the second quarter was not satisfactory. Among them, E Fund Blue Chip Select and E Fund Small and Medium Cap ranked 2833rd and 3187th respectively among the same type of funds (3,403 in total) in the second quarter, while E Fund Asia Select stocks fell to the penultimate place among the same type of funds.</p><p>In the face of declining performance, Zhang Kun also rarely \"admitted his mistakes\" in the second quarterly report, saying that looking back on his past judgments, he found many mistakes. In addition, Zhang Kun also emphasized that judging from the current judgment, the decline in the expected rate of return in the next few years may be inevitable.</p><p><b>Stock positions were all lowered, and Wuliangye Moutai was reduced</b></p><p>First, let's take a look at the changes in the positions of the four funds in Q2 2021.</p><p>According to the report, the stock positions of Zhang Kun's four products all declined to varying degrees in the second quarter. Among them, E Fund's small and medium-sized positions have the largest reduction, with stock positions plummeting from 93.93% at the end of the first quarter to 70.36%. This is the lowest level of the fund since Zhang Kun became the fund manager on September 28, 2012, and it is also the second time that the stock position has dropped below 80% since the third quarter of 2017.</p><p>At the same time, the stock positions of the other three funds were slightly lowered: the proportion of stock positions selected by E Fund blue chips dropped from 93.61% to 90.17%; E Fund's stock position of high-quality enterprises dropped from 94.57% to 89.24%; E Fund Asia Select's stock position decreased from 93.17% to 86.45%.</p><p>Specific to the direction of position adjustment, the four funds have different structural adjustments.</p><p><img src=\"https://static.tigerbbs.com/1683ff0f2a10d195121cffc0e4f458b6\" tg-width=\"512\" tg-height=\"294\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Top ten E Fund blue chip selected positions in Q2 2021</p><p>Compared with the first quarter, E Fund Blue Chip Selection reduced the allocation of computer and other industries and increased the allocation of electronics and other industries in the second quarter. Among the top ten Awkwardness stocks, like Q1 in 2021, Blue Chip Select still holds 4 liquor stocks, but its positions have increased and decreased. Among them, Wuliangye and Kweichow Moutai dropped from 10.05% and 9.86% in Q1 2021 to 9.88% and 9.75%, while the holdings of Luzhou Old Cellar and Yanghe shares increased from 7.62% and 4.68% to 9.71% and 9.68% respectively.</p><p>At the same time, Zhang Kun also increased his holdings in the Hong Kong Stock Exchange, China Merchants Bank and Tencent Holdings in the second quarter, and reduced his holdings in Meituan. As of the end of the second quarter, the Hong Kong Stock Exchange had replaced Wuliangye as the largest holding of E Fund's blue chip selection. In addition, Ping An Bank, whose holdings accounted for 3.25% in Q1, fell out of the top ten and was replaced by Aier Ophthalmology. It is worth mentioning that in Q4 of 2020, Aier Ophthalmology also appeared in the list of the top ten awkward stocks selected by E Fund's blue chips.</p><p><img src=\"https://static.tigerbbs.com/cf129f55b2095a3ab6cabbe0638cf11a\" tg-width=\"512\" tg-height=\"277\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>E Fund's top ten small and medium-cap holdings in Q2 2021</p><p>In the second quarter of 2021, E Fund's small and medium-sized caps increased the allocation of computers and other industries while reducing the allocation of food and beverage industries. Looking at individual stocks specifically, compared with the first quarter, E Fund's top ten small and medium-sized holdings remained unchanged, but it focused on increasing its holdings of Hang Seng Electronics and Hualan Bio, and reducing its holdings of Tongce Medical and Kweichow Moutai.</p><p>Among them, Wuliangye was significantly reduced by Zhang Kun, from the second largest holding in Q1 of 2021 to the seventh largest holding. Meinian Health's holdings have also decreased. In addition, the stock price fell during the reporting period, which has changed from the original The first largest holding stock fell to the sixth largest holding stock.</p><p>Let's take a look at E Fund's three-year holding period mixed for high-quality enterprises.</p><p><img src=\"https://static.tigerbbs.com/75b188fe04c08b16db4160afe2f8ebb0\" tg-width=\"512\" tg-height=\"278\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>The top ten mixed positions of E Fund's high-quality enterprises with three-year holding period in Q1 2021</p><p>Similar to the similar operation of E Fund Blue Chip Selection, the fund reduced its allocation in computer and other industries in the second quarter, and also increased its positions in Luzhou Old Cellar and Yanghe shares and lightened its positions in Wuliangye. But the difference is that the three-year holding period of E Fund's high-quality enterprises has increased the allocation of pharmaceutical, banking and other industries in this period.</p><p>In addition, the fund also increased its holdings of two Hong Kong stock targets, the Hong Kong Stock Exchange and Tencent Holdings, in the second quarter, and reduced its positions in Hikvision and Meituan. At present, Luzhou Old Cellar has become the largest holding stock of E Fund's high-quality enterprises with a three-year holding period with a holding ratio of 9.76%. At the same time, Hualan Bio and Jinxin Fertility fell out of the top ten awkward stocks, and Aier Ophthalmology and Ping An Bank became the top ten new awkward stocks.</p><p>Finally, let's talk about the relatively small and E Fund Asia Select.</p><p><img src=\"https://static.tigerbbs.com/c3ad95bd85c15dec4396047e297b788c\" tg-width=\"997\" tg-height=\"497\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Compared with this year's Q1, Zhang Kun reduced the allocation of consumption and education industries in E Fund Asia Select Fund, and increased the allocation of banking, real estate and other industries. TAL, New Oriental, and STAAR Surgical Co, which had heavy positions in the previous quarter, withdrew from the top ten heavyweight stocks, while Postal Savings Bank of China, China Overseas Land & Investment Co., Ltd., and Vipshop became the top ten new heavyweight stocks.</p><p>It is worth mentioning that in the past second quarter, the current profit of E Fund Asia Select Stocks was-316 million yuan, which was still in a state of loss, and its yield ranked second from the bottom among similar funds.</p><p>In this regard, Zhang Kun specifically mentioned in the quarterly report that in the second quarter, the stock prices of education and training enterprises fell sharply due to policy expectations, which had a certain negative impact on the net value of the fund. This also made him reflect on some assumptions in the long-term investment framework. I hope it can be further improved.</p><p><b>Performance \"bottom\", Zhang Kun rarely \"admits mistakes\"</b></p><p>In fact, in addition to E Fund Asia Select, the performance of the other three funds held by Zhang Kun in the second quarter was also unsatisfactory, far behind other similar fund products.</p><p>According to the data, in the past three months, the best performer among similar funds is Qianhai Kaiyuan New Economy Flexible Allocation Mix, with a yield of over 50%, while Zhang Kun's E Fund High-quality Enterprise Three-year Holding Period Mix, E Fund Blue Chip Select and E Fund Small and Medium Cap The yields in the second quarter were 10.62%, 5.94% and 2.51% respectively, ranking 2103, 2833 and 3187 respectively among similar funds (3,403 in total).</p><p>In this regard, Zhang Kun rarely \"admitted his mistakes\" in the second quarterly report, saying that looking back on his past judgments, he \"found many mistakes\". At the same time, Zhang Kun also expressed his views on the future market in the quarterly report.</p><p>Zhang Kun said that after the epidemic, with the relaxation of global liquidity, global stock markets have risen significantly. For some high-quality companies in industries recognized by the market as having long-term growth space (technology, medicine, consumption, new energy), in addition to being driven by performance growth, their valuations have also been significantly improved. In the face of higher and higher levels of P/E, more and more valuation methods for enterprises use forward (such as 2025 or even 2030) market value discounts back to the current year. It seems that only in this way can investors obtain an acceptable rate of return level.</p><p>He mentioned that for some companies, if all assumptions are fulfilled, they may be able to earn a discount rate or a yield level slightly higher than the discount rate in the next five years, but once they make a mistake, they may face a 30% or even 50% stock price drop. In an environment of abundant liquidity and capital anxiety looking for areas with high returns,<b>In the next few years, the competition faced by many industries may be more intense than in the past five years.</b></p><p>Zhang Kun believes that,<b>I'm afraid the difficulty of judging the competitive landscape of the industry in the next five years will only increase.</b>\"On the whole, if you are correct, you may only get a mediocre rate of return, but once you are wrong, you will face a lot of losses. Under such odds distribution, it is obviously a difficult action for investment. In this case, either conduct in-depth research in popular industries to try to obtain higher probability certainty, or in less crowded industries, sacrifice some probability a little and bear more uncertainty to obtain better odds returns.<b>Judging from the current judgment, the decline in the expected rate of return in the next few years may be inevitable.</b>”</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/RWe2BmpaFEW6ZVcIMvHsmQ\">投中网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2092a73a2e90156199add4191d62cc13","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"source_url":"https://mp.weixin.qq.com/s/RWe2BmpaFEW6ZVcIMvHsmQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166715880","content_text":"面对不断下滑的业绩，张坤也在二季报中罕见“认错”\n\n7月20日凌晨，易方达基金公司公布旗下多只基金产品二季报，其中，“公募一哥”张坤及其管理的4只公募基金再度成为关注的焦点。\n在过去的二季度，张坤管理的易方达蓝筹精选混合、易方达中小盘混合、易方达亚洲精选股票和易方达优质企业三年持有期混合4只基金的股票仓位均有不同程度的下降，其中易方达中小盘的股票仓位比例相比一季度下降23个百分点，骤降至张坤管理易方达中小盘以来季末股票仓位最低。此外，张坤在二季度也对结构进行了调整，降低了食品饮料等行业的配置，增加了计算机等行业的配置，并继续重仓招商银行、港交所两只金融类港股。\n数据显示，截至二季度末，张坤管理的4只基金的规模为1344.78亿元，较上一季度末的1331.09亿元略有增加。其中，蓝筹精选、中小盘混合以及优质企业三年持有期混合二季度扭亏为盈，本期利润分别为53.84亿元、8.05亿元、11.22亿元。\n\n虽然基金规模增加，3只基金扭亏为盈，但与同行对比，张坤管理的基金二季度表现并不理想。其中，易方达蓝筹精选、易方达中小盘二季度在同类型基金（共计3403只）中排名分别为2833名、3187名，而易方达亚洲精选股票更是跌落到同类型基金中的倒数第二位。\n面对不断下滑的业绩，张坤也在二季报中罕见“认错”，称回首自己以往的判断，发现有不少错误。此外，张坤还强调，从目前的判断来看，未来几年预期回报率下降可能是难以避免的。\n股票仓位齐下调，减持五粮液茅台\n首先来看一下4只基金在2021年Q2的持仓变化情况。\n根据报告显示，张坤旗下4只产品的股票仓位在二季度均有不同程度的下降。其中，易方达中小盘的减仓幅度最大，股票仓位从一季度末的93.93%骤降至70.36%。这是该基金自张坤2012年9月28日担任基金经理以来的最低水平，也是继2017年三季度后，股票仓位第二次降至八成以下。\n与此同时，另外3只基金的股票仓位均略有下调：易方达蓝筹精选的股票仓位比例从93.61%下降至90.17%；易方达优质企业的股票仓位从94.57%下降至89.24%；易方达亚洲精选的股票仓位从93.17%下降至86.45%。\n具体到调仓方向上，4只基金在结构调整上各有不同。\n\n2021年Q2易方达蓝筹精选持仓前十\n与一季度相比，易方达蓝筹精选在二季度降低了计算机等行业的配置，增加了电子等行业的配置。在前十大重仓股中，与2021年Q1一样，蓝筹精选依然持有4只白酒股，但持仓有增有减。其中，五粮液和贵州茅台从2021年Q1的10.05%和9.86%，降至9.88%和9.75%，而泸州老窖和洋河股份的持仓比例曾分别从7.62%、4.68%%增至9.71%和9.68%。\n同时，张坤还在二季度对香港交易所、招商银行以及腾讯控股进行了增持，并减持了美团。截至二季度末，香港交易所已取代五粮液成为易方达蓝筹精选的第一大重仓股。此外，Q1持仓占比为3.25%的平安银行跌出前十，被爱尔眼科取代。值得一提的是，在2020年Q4时，爱尔眼科也出现在了易方达蓝筹精选的前十大重仓股列表中。\n\n2021年Q2易方达中小盘持仓前十\n2021年第二季度，易方达中小盘则是在降低食品饮料等行业配置的同时，增加了计算机等行业的配置。具体来看个股，与一季度相比，易方达中小盘的十大重仓股保持不变，但重点增持了恒生电子、华兰生物，并减持了通策医疗和贵州茅台。\n其中，五粮液遭到张坤大幅减持，从2021年Q1的第二大重仓股掉落到第七大重仓股，美年健康的持仓也有所减少，加之报告期内股价下跌，已从原本的第一大重仓股掉落成第六大重仓股。\n再来看易方达优质企业三年持有期混合。\n\n2021年Q1易方达优质企业三年持有期混合持仓前十\n同易方达蓝筹精选类似的操作类似，该基金在二季度降低了计算机等行业的配置，并同样加仓了泸州老窖和洋河股份，减仓了五粮液。但不同的是，易方达优质企业三年持有期混合在本期增加了医药、银行等行业的配置。\n此外，该基金还在二季度增持了香港交易所、腾讯控股这两只港股标的，并减仓了海康威视和美团。目前，泸州老窖以9.76%的持仓占比成为易方达优质企业三年持有期混合的第一大重仓股。与此同时，华兰生物和锦欣生殖跌出前十大重仓股，爱尔眼科、平安银行成为新晋前十大重仓股。\n最后说一下规模相对较小的和易方达亚洲精选。\n\n与今年Q1相比，张坤在易方达亚洲精选基金上降低了消费、教育行业的配置，增加了银行、地产等行业的配置。此前一季度重仓的好未来、新东方、STAAR Surgical Co退出前十大重仓股，中国邮政储蓄银行、中国海外发展有限公司、唯品会成为新晋前十大重仓股。\n值得一提的是，在刚刚过去的二季度，易方达亚洲精选股票本期利润为-3.16亿元，仍处于亏损状态，收益率在同类型基金中排名倒数第二。\n对此，张坤在季报中特别提到，二季度，教培企业受政策预期影响股价跌幅较大，对基金净值产生了一定的负面影响，这也使他反思长期投资框架中的一些假设，希望能够将其进一步完善。\n业绩“垫底”，张坤罕见“认错”\n事实上，除易方达亚洲精选外，张坤持有的另外三只基金在二季度的业绩表现同样不尽人意，远落后于其他同类基金产品。\n数据显示，在过去的3个月中，同类基金中业绩表现最好的为前海开源新经济灵活配置混合，收益率超过50%，而张坤旗下的易方达优质企业三年持有期混合、易方达蓝筹精选、易方达中小盘二季度的收益率分别为10.62%、5.94%和2.51%，在同类型基金（共计3403只）中排名分别为2103名、2833名和3187名。\n对此，张坤在二季报中罕见“认错”，表示回首自己以往的判断，“发现有不少错误”。同时，张坤也在季报中表达了自己对未来市场的看法。\n张坤表示，疫情后，随着全球流动性的放松，全球股市都有了显著上涨。对于一些市场公认长期有成长空间行业（科技、医药、消费、新能源）中的优质公司，除了业绩增长的驱动，估值也得到了显著的提升。面对越来越高的市盈率水平，对企业的估值方法也越来越多采用远期（如2025年甚至2030年）市值贴现回当年，似乎只有这样，投资者才能获得一个可以接受的回报率水平。\n他提到，对于一些公司，在各种假设都兑现的情况下，可能未来5年能赚取贴现率或者比贴现率略高的收益率水平，但是一旦错误，可能就要面临30%甚至50%的股价下跌。在一个流动性宽裕、资本焦虑地寻找高回报率领域的环境下，未来几年，不少行业面临的竞争程度恐怕比过去5年更为激烈。\n张坤认为，对于未来5年行业竞争格局的判断难度恐怕只增不减。“综合来看，如果正确，可能只获得一个平庸的回报率，但一旦错误，却面临不小的损失。在这样的赔率分布下，对于投资来说显然是高难度动作。在这种情况下，要么在热门行业进行深入研究，试图获得更高的概率确信度，要么在不那么拥挤的行业，稍微牺牲一些概率，承担多一点不确定性，获得更佳的赔率回报。从目前的判断来看，未来几年预期回报率下降可能是难以避免的。”","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070651954,"gmtCreate":1657064093078,"gmtModify":1676535940675,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"<a 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Holdings(GRAB)$</a>sigh...","text":"$Grab Holdings(GRAB)$sigh...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047931135","isVote":1,"tweetType":1,"viewCount":3402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9046860205,"gmtCreate":1656330008207,"gmtModify":1676535806990,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BILI\">$哔哩哔哩(BILI)$</a>666","listText":"<a href=\"https://ttm.financial/S/BILI\">$哔哩哔哩(BILI)$</a>666","text":"$哔哩哔哩(BILI)$666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046860205","isVote":1,"tweetType":1,"viewCount":1589,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897349837,"gmtCreate":1628895159629,"gmtModify":1676529885210,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"6","listText":"6","text":"6","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897349837","repostId":"2159905092","repostType":4,"repost":{"id":"2159905092","kind":"highlight","pubTimestamp":1628864354,"share":"https://ttm.financial/m/news/2159905092?lang=en_US&edition=fundamental","pubTime":"2021-08-13 22:19","market":"us","language":"zh","title":"Why can't Moderna support a market value of $200 billion?","url":"https://stock-news.laohu8.com/highlight/detail?id=2159905092","media":"智通财经网","summary":"Moderna凭借其高效的新冠疫苗迅速崛起，这在制药行业尚无先例。该公司的市值在19个月内从60亿美元飙升至近2000亿美元的峰值，超过了拥有百年历史的大型制药公司。 上个月，Moderna被纳入标普","content":"<p>Moderna's rapid rise with its highly effective COVID-19 vaccine has no precedent in the pharmaceutical industry. The company's market cap surged from $6 billion to a peak of nearly $200 billion in 19 months, surpassing the century-old Big Pharma. Moderna was added to the S&P 500 last month.</p><p>Elon Musk's<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>The company (TSLA.US) has experienced a similar situation for most of the past 19 months, with its market capitalization growing from less than $100 billion to a peak of more than $800 billion (currently about $700 billion), making it all the way to the S&P 500 Index constituent stocks, leaving other automakers behind.</p><p>Moderna is called the Tesla of biotech, and Tesla is the automotive<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>(AMZN.US), investors have high hopes for these two fast-rising companies.</p><p><img src=\"https://static.tigerbbs.com/26468a0bb6541c3800a2c2c4e2488531\" tg-width=\"583\" tg-height=\"326\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>One way to think about Tesla's valuation is to think of it as an expanding addressable market size (TAM). TAMs are especially important for startups and disruptors because their sales pitch is focused on growth in the absence of significant profits.</p><p>Tesla aims to grow vehicle sales by an average of 50% per year \"for many years to come.\" Let's say it can do that and it makes a 10% net profit margin on each car costing $50,000. By 2026, Tesla's pure electric vehicle sales will account for nearly half of total global sales, and its auto revenue will also increase 11 times. Even if these assumptions can be realized, the current stock price will still be 23 times the expected earnings in five years.</p><p>Moderna's valuation also reflects expectations for substantial growth, driven by two main drivers: continued sales in COVID-19 vaccine, and future earnings from new vaccines and treatments developed using the same messenger RNA technology.</p><p>COVID-19 vaccine is a unique and valuable product. It will generate extraordinary profits in the coming years: Moderna's adjusted EBITDA is expected to reach $29 billion from 2021 to 2022, compared to Tesla's $23 billion. But COVID-19 vaccine's market size and longevity are unclear, depending on countries' booster shot policies, how the virus mutates, and the progress of competitors. The optimism on all fronts is reflected in the share price. However, analysts predict that after next year, vaccine sales and earnings will fall significantly.</p><p>Both Tesla and Moderna share prices have surged, but while Tesla's expected growth rate has slowed over time, Moderna's expected growth rate has accelerated.</p><p><img src=\"https://static.tigerbbs.com/1ccf4371e5d0aafeaf82c3a960248916\" tg-width=\"584\" tg-height=\"343\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Like Tesla, Moderna's growth depends largely on theoretical future products.</p><p>Granted, the success of Moderna's COVID-19 vaccine bodes well for other mRNA drugs.<a href=\"https://laohu8.com/S/JEF\">Jefferies</a>Analyst Michael Yee said that at the current valuation, investors seem to believe that Moderna, like Tesla, has innovative and disruptive technologies to produce products quickly, with lower risks and higher probability of success than older technologies, and has greater potential.</p><p>However, the reality, according to Bloomberg analysts Max Nisen and Liam Denning, is that the non-COVID-19 vaccine products in Moderna's drug pipeline will struggle to generate significant sales until the second half of the century. The largest and best-effective products in the company's pipeline are other vaccines, which tends to be one of drug companies' less profitable businesses outside the pandemic. Moderna rarely discloses data on its other five mRNA therapies in the treatment of diseases such as cancer, and the market in this area is highly competitive.</p><p>Moderna doesn't have a rich enough new business to underpin its \"growth\" story in the capital markets, and while disruptive innovation and R&D advantages are attractive to biotech investors, this promise rarely pays off. This may be why biotech analysts are skeptical about Moderna's peak market cap of $200 billion.</p><p><img src=\"https://static.tigerbbs.com/7be639441ff2e9fa4d84d5b8e106b6fc\" tg-width=\"577\" tg-height=\"332\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>At least from this point of view, Moderna is still a long way from being truly \"Teslafied\".</p>","source":"highlight_zhitongcaijin","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>Why can't Moderna support a market value of $200 billion?</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\">\nWhy can't Moderna support a market value of $200 billion?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-08-13 22:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Moderna's rapid rise with its highly effective COVID-19 vaccine has no precedent in the pharmaceutical industry. The company's market cap surged from $6 billion to a peak of nearly $200 billion in 19 months, surpassing the century-old Big Pharma. Moderna was added to the S&P 500 last month.</p><p>Elon Musk's<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>The company (TSLA.US) has experienced a similar situation for most of the past 19 months, with its market capitalization growing from less than $100 billion to a peak of more than $800 billion (currently about $700 billion), making it all the way to the S&P 500 Index constituent stocks, leaving other automakers behind.</p><p>Moderna is called the Tesla of biotech, and Tesla is the automotive<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>(AMZN.US), investors have high hopes for these two fast-rising companies.</p><p><img src=\"https://static.tigerbbs.com/26468a0bb6541c3800a2c2c4e2488531\" tg-width=\"583\" tg-height=\"326\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>One way to think about Tesla's valuation is to think of it as an expanding addressable market size (TAM). TAMs are especially important for startups and disruptors because their sales pitch is focused on growth in the absence of significant profits.</p><p>Tesla aims to grow vehicle sales by an average of 50% per year \"for many years to come.\" Let's say it can do that and it makes a 10% net profit margin on each car costing $50,000. By 2026, Tesla's pure electric vehicle sales will account for nearly half of total global sales, and its auto revenue will also increase 11 times. Even if these assumptions can be realized, the current stock price will still be 23 times the expected earnings in five years.</p><p>Moderna's valuation also reflects expectations for substantial growth, driven by two main drivers: continued sales in COVID-19 vaccine, and future earnings from new vaccines and treatments developed using the same messenger RNA technology.</p><p>COVID-19 vaccine is a unique and valuable product. It will generate extraordinary profits in the coming years: Moderna's adjusted EBITDA is expected to reach $29 billion from 2021 to 2022, compared to Tesla's $23 billion. But COVID-19 vaccine's market size and longevity are unclear, depending on countries' booster shot policies, how the virus mutates, and the progress of competitors. The optimism on all fronts is reflected in the share price. However, analysts predict that after next year, vaccine sales and earnings will fall significantly.</p><p>Both Tesla and Moderna share prices have surged, but while Tesla's expected growth rate has slowed over time, Moderna's expected growth rate has accelerated.</p><p><img src=\"https://static.tigerbbs.com/1ccf4371e5d0aafeaf82c3a960248916\" tg-width=\"584\" tg-height=\"343\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Like Tesla, Moderna's growth depends largely on theoretical future products.</p><p>Granted, the success of Moderna's COVID-19 vaccine bodes well for other mRNA drugs.<a href=\"https://laohu8.com/S/JEF\">Jefferies</a>Analyst Michael Yee said that at the current valuation, investors seem to believe that Moderna, like Tesla, has innovative and disruptive technologies to produce products quickly, with lower risks and higher probability of success than older technologies, and has greater potential.</p><p>However, the reality, according to Bloomberg analysts Max Nisen and Liam Denning, is that the non-COVID-19 vaccine products in Moderna's drug pipeline will struggle to generate significant sales until the second half of the century. The largest and best-effective products in the company's pipeline are other vaccines, which tends to be one of drug companies' less profitable businesses outside the pandemic. Moderna rarely discloses data on its other five mRNA therapies in the treatment of diseases such as cancer, and the market in this area is highly competitive.</p><p>Moderna doesn't have a rich enough new business to underpin its \"growth\" story in the capital markets, and while disruptive innovation and R&D advantages are attractive to biotech investors, this promise rarely pays off. This may be why biotech analysts are skeptical about Moderna's peak market cap of $200 billion.</p><p><img src=\"https://static.tigerbbs.com/7be639441ff2e9fa4d84d5b8e106b6fc\" tg-width=\"577\" tg-height=\"332\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>At least from this point of view, Moderna is still a long way from being truly \"Teslafied\".</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/535175.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b68b5aa604a6fa00bd3bb958c3246f88","relate_stocks":{"MRNA":"Moderna, Inc."},"source_url":"http://www.zhitongcaijing.com/content/detail/535175.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2159905092","content_text":"Moderna凭借其高效的新冠疫苗迅速崛起，这在制药行业尚无先例。该公司的市值在19个月内从60亿美元飙升至近2000亿美元的峰值，超过了拥有百年历史的大型制药公司。 上个月，Moderna被纳入标普500指数。\n埃隆·马斯克的特斯拉公司(TSLA.US)在过去19个月的大部分时间里也经历了类似的情况，市值从不足1000亿美元增长到8000多亿美元峰值(目前约为7000亿美元)，一路跻身标普500指数成分股行列，将其他汽车制造商甩在了身后。\nModerna 被称为生物技术领域的特斯拉，而特斯拉是汽车领域的亚马逊(AMZN.US)，投资者对这两家快速崛起的公司寄予厚望。\n\n考虑特斯拉估值的一种方式是将其视为一个不断扩大的潜在市场规模(TAM)。TAM对于初创公司和颠覆者来说尤其重要，因为在没有显著利润的情况下，它们的销售宣传集中在增长上。\n特斯拉的目标是“在未来多年里”，汽车销量平均每年增长50%。假设它能做到这一点，并且在每辆成本为5万美元的汽车上获得10%的净利润率。 到2026年，特斯拉的纯电动汽车销量将占全球总销量的近二分之一，汽车收入也将增长11倍。 即便这些假设都能实现，当前股价仍将是5年后预期收益的23倍。\nModerna的估值也反映出对大幅增长的预期，其增长来自两个主要驱动因素:新冠疫苗的持续销售，以及使用相同信使RNA技术开发的新疫苗和治疗方法的未来收益。\n新冠疫苗是一种独特的有价值的产品。 它将在未来几年产生非凡的利润：2021年至2022年，Moderna调整后EBITDA预计将达到290亿美元，而特斯拉的EBITDA为230亿美元。 但新冠疫苗的市场规模和寿命尚不清楚，这取决于各国的加强针政策、病毒的变异情况以及竞争对手的进展。 所有方面的乐观情绪都反映在股价中。 然而，分析师预测，明年之后，疫苗的销售额和收益将大幅下降。\n特斯拉和Moderna的股价都出现了飙升，但当特斯拉的预期增长速度随着时间的推移而减缓时，Moderna的预期增长速度却在加快。\n\n和特斯拉一样，Moderna的增长在很大程度上取决于理论上的未来产品。\n诚然，Moderna的新冠疫苗的成功对其他 mRNA 药物来说是个好兆头。 杰富瑞分析师Michael Yee表示，以目前的估值来看，投资者似乎相信Moderna和特斯拉一样拥有创新和颠覆性技术，可以快速生产产品，与旧技术相比，风险更低、成功概率更高，且具有更大的潜力。\n然而，Bloomberg分析师Max Nisen和Liam Denning认为，现实情况是，在本世纪下半叶之前，Moderna 的药物管道中的非新冠疫苗产品很难产生可观的销售额。 该公司产品线中最大、疗效最好的产品是其他疫苗，这往往是制药公司在疫情之外利润较低的业务之一。Moderna很少披露其在治疗癌症等疾病方面的其他五个mRNA疗法的数据，而且该领域的市场竞争非常激烈。\nModerna并没有足够丰富的新业务来支撑其在资本市场上的“增长”故事，尽管颠覆性创新和研发优势对生物技术投资者而言很有吸引力，但这种承诺很少有回报。这或许是生物技术分析师们对Moderna的2000亿美元市值峰值持怀疑态度的原因。\n\n至少从这一点来看，Moderna离真正的“特斯拉化”还有很长的路要走。","news_type":1,"symbols_score_info":{"MRNA":0.9}},"isVote":1,"tweetType":1,"viewCount":1427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155085486,"gmtCreate":1625364174345,"gmtModify":1703740746709,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"6","listText":"6","text":"6","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155085486","repostId":"2148807896","repostType":4,"isVote":1,"tweetType":1,"viewCount":759,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070391275,"gmtCreate":1657008694697,"gmtModify":1676535931249,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TYDE\">$Cryptyde Inc(TYDE)$</a>to the moon","listText":"<a href=\"https://ttm.financial/S/TYDE\">$Cryptyde Inc(TYDE)$</a>to the moon","text":"$Cryptyde Inc(TYDE)$to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070391275","isVote":1,"tweetType":1,"viewCount":3217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047587420,"gmtCreate":1656943834560,"gmtModify":1676535919704,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BILI\">$哔哩哔哩(BILI)$</a>6666","listText":"<a href=\"https://ttm.financial/S/BILI\">$哔哩哔哩(BILI)$</a>6666","text":"$哔哩哔哩(BILI)$6666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047587420","isVote":1,"tweetType":1,"viewCount":3097,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891800229,"gmtCreate":1628370967261,"gmtModify":1703505394035,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/891800229","repostId":"1128574267","repostType":4,"repost":{"id":"1128574267","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":1628323249,"share":"https://ttm.financial/m/news/1128574267?lang=en_US&edition=fundamental","pubTime":"2021-08-07 16:00","market":"hk","language":"zh","title":"Three departments: Platforms are not allowed to formulate assessment indicators that harm the safety and health of workers such as delivery riders","url":"https://stock-news.laohu8.com/highlight/detail?id=1128574267","media":"老虎资讯综合","summary":"汇8月7日，近日，应急管理部、公安部、人力资源和社会保障部相关司局联合召开重点平台经济企业安全生产和劳动权益保障宣贯会议。\n会议要求各平台经济企业牢固树立安全生产“红线”意识和底线思维，加强安全生产警","content":"<p>On August 7, recently, relevant departments and bureaus of the Ministry of Emergency Management, the Ministry of Public Security, and the Ministry of Human Resources and Social Security jointly held a publicity and implementation meeting on production safety and labor rights protection of key platform economy enterprises.</p><p>The meeting required all platform economy enterprises to firmly establish the \"red line\" awareness and bottom-line thinking of safety production, strengthen safety production warning education and compliance inspection of distribution and transportation vehicles, and guide safe and civilized distribution.</p><p>It is necessary to pay attention to the physical and mental health of workers, optimize the platform algorithm, and do not formulate assessment indicators that harm the safety and health of workers, effectively prevent and resolve the safety risks of new employment forms, safeguard the life safety and labor rights and interests of workers such as take-away riders, and continuously improve people's happiness and security.</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>Three departments: Platforms are not allowed to formulate assessment indicators that harm the safety and health of workers such as delivery riders</title>\n<style 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#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\">\nThree departments: Platforms are not allowed to formulate assessment indicators that harm the safety and health of workers such as delivery riders\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\">2021-08-07 16:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On August 7, recently, relevant departments and bureaus of the Ministry of Emergency Management, the Ministry of Public Security, and the Ministry of Human Resources and Social Security jointly held a publicity and implementation meeting on production safety and labor rights protection of key platform economy enterprises.</p><p>The meeting required all platform economy enterprises to firmly establish the \"red line\" awareness and bottom-line thinking of safety production, strengthen safety production warning education and compliance inspection of distribution and transportation vehicles, and guide safe and civilized distribution.</p><p>It is necessary to pay attention to the physical and mental health of workers, optimize the platform algorithm, and do not formulate assessment indicators that harm the safety and health of workers, effectively prevent and resolve the safety risks of new employment forms, safeguard the life safety and labor rights and interests of workers such as take-away riders, and continuously improve people's happiness and security.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c972a78fbe34096796ada872b683e450","relate_stocks":{"03690":"美团-W","MPNGY":"美团ADR"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128574267","content_text":"汇8月7日，近日，应急管理部、公安部、人力资源和社会保障部相关司局联合召开重点平台经济企业安全生产和劳动权益保障宣贯会议。\n会议要求各平台经济企业牢固树立安全生产“红线”意识和底线思维，加强安全生产警示教育和配送运输工具合规性检查，引导安全文明配送。\n要重视劳动者身心健康，优化平台算法，不得制定损害劳动者安全健康的考核指标，有效防范化解新就业形态安全风险，维护外卖骑手等劳动者生命安全和劳动权益，不断提升人民群众幸福感、安全感。","news_type":1,"symbols_score_info":{"03690":0.9,"MPNGY":0.9}},"isVote":1,"tweetType":1,"viewCount":870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807674731,"gmtCreate":1628037076023,"gmtModify":1703499942143,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807674731","repostId":"2156121830","repostType":4,"repost":{"id":"2156121830","kind":"highlight","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":1628001452,"share":"https://ttm.financial/m/news/2156121830?lang=en_US&edition=fundamental","pubTime":"2021-08-03 22:37","market":"us","language":"zh","title":"Eli Lilly Stock Hits New High, Will File Alzheimer's Drug Application","url":"https://stock-news.laohu8.com/highlight/detail?id=2156121830","media":"老虎资讯综合","summary":"今年年初时，该公司公布了旗下试验性阿尔茨海默氏症药物的积极数据。","content":"<p>August 3 (Tuesday),<a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a>It opened higher and moved higher, and the stock price hit a record high during the session. The company said it is confident that it will submit an application for an Alzheimer's disease drug to the FDA by the end of the year, hoping to make it available as soon as possible.</p><p><img src=\"https://static.tigerbbs.com/5e7adc59c86e7768f7983084919b68f1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>At the beginning of this year, the company announced positive data on its experimental Alzheimer's drug. The company said that compared with patients taking placebo, after 18 months, its drug donanemab slowed down the decline in patients' memory and activities of daily living by 32%.</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>Eli Lilly Stock Hits New High, Will File Alzheimer's Drug Application</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\">\nEli Lilly Stock Hits New High, Will File Alzheimer's Drug Application\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\">2021-08-03 22:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>August 3 (Tuesday),<a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a>It opened higher and moved higher, and the stock price hit a record high during the session. The company said it is confident that it will submit an application for an Alzheimer's disease drug to the FDA by the end of the year, hoping to make it available as soon as possible.</p><p><img src=\"https://static.tigerbbs.com/5e7adc59c86e7768f7983084919b68f1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>At the beginning of this year, the company announced positive data on its experimental Alzheimer's drug. The company said that compared with patients taking placebo, after 18 months, its drug donanemab slowed down the decline in patients' memory and activities of daily living by 32%.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5c3f4ec39fb4386c93f18fe1449e137d","relate_stocks":{"LLY":"礼来"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156121830","content_text":"8月3日(周二)，礼来高开高走，盘中股价触及历史新高。该公司表示，有信心在年底向FDA提交阿尔茨海默病药物的申请，希望能尽快上市。\n\n今年年初时，该公司公布了旗下试验性阿尔茨海默氏症药物的积极数据。公司表示，与服用安慰剂的患者相比，在18个月过后，其药物donanemab令患者记忆力和日常生活活动能力的下降速度减缓了32%。","news_type":1,"symbols_score_info":{"LLY":0.9}},"isVote":1,"tweetType":1,"viewCount":828,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921797898,"gmtCreate":1671121608414,"gmtModify":1676538494934,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"Amc fly to the moon","listText":"Amc fly to the moon","text":"Amc fly to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921797898","isVote":1,"tweetType":1,"viewCount":2500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041450433,"gmtCreate":1656088947822,"gmtModify":1676535766011,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"$amc 666","listText":"$amc 666","text":"$amc 666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041450433","isVote":1,"tweetType":1,"viewCount":712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099241123,"gmtCreate":1643375398537,"gmtModify":1676533812804,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"Amc die","listText":"Amc die","text":"Amc die","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099241123","isVote":1,"tweetType":1,"viewCount":832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161943914,"gmtCreate":1623902530238,"gmtModify":1703823082896,"author":{"id":"3568712936130316","authorId":"3568712936130316","name":"魔王大大","avatar":"https://static.tigerbbs.com/5b117b6c59b23211bc994189df572d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568712936130316","idStr":"3568712936130316"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161943914","repostId":"2144908711","repostType":4,"isVote":1,"tweetType":1,"viewCount":1053,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}