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小白菜逆袭

小白菜逆袭

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小白菜逆袭

2021-08-30

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Earn nearly 700 million a day! Three barrels of oil delivered the best answer in seven years in the first half of 2021

小白菜逆袭

2021-08-24

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After Ant Group's solemn statement, listing will still be far away

小白菜逆袭

2021-08-24

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小白菜逆袭

2021-07-31

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@石头Stone:2021Q2財報 | 輝瑞財報分析疫苗收入即將超過主營！

小白菜逆袭

2021-07-24

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Behind the rumors of acquisition of GlobalFoundries: Intel's chip manufacturing ambitions revealed

小白菜逆袭

2021-07-20

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U.S. stocks plummeting or a round of travel? The fun is yet to come

小白菜逆袭

2021-07-20

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小白菜逆袭

2021-06-24

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Bitcoin fell below key technical levels, and Sister Wood bought Grayscale Trust and Coinbase at the bottom

小白菜逆袭

2021-06-24

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Commentary: Bitcoin's Death Cross may just be a short trap

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2021-06-18

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小白菜逆袭

2021-06-15

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小白菜逆袭

2021-05-07

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小白菜逆袭

2021-03-30

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ByteDance is reported to be valued at US $250 billion in secondary market transactions

小白菜逆袭

2021-03-21

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Soared 19 times in 6 months! This chip stock is completely on fire, what is the origin?

小白菜逆袭

2021-03-18

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2021-03-18

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18:48","market":"hk","language":"zh","title":"Earn nearly 700 million a day! Three barrels of oil delivered the best answer in seven years in the first half of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2163007700","media":"格隆汇","summary":"在需求增加和油价上行的拉动下，“三桶油”实现油气产量、价格双双增长。","content":"<p>Recently,<a href=\"https://laohu8.com/S/601857\">PetroChina</a>、<a href=\"https://laohu8.com/S/600028\">Sinopec</a>、<a href=\"https://laohu8.com/S/00883\">CNOOC</a>In the first half of 2021, the \"three barrels of oil\" added up to nearly 700 million per day, the best level for the same period in seven years.</p><p><img src=\"https://static.tigerbbs.com/90074fcf5007d85e47620889c3f80903\" tg-width=\"900\" tg-height=\"500\" referrerpolicy=\"no-referrer\">On the morning of August 30, Sinopec held a 2021 interim results briefing.</p><p>The meeting showed that Sinopec achieved operating income of 1.26 trillion yuan in the first half of the year, a year-on-year increase of 22.12%; The net profit attributable to the parent turned a loss into a profit from a loss of 22.882 billion yuan in the same period last year, reaching 39.153 billion yuan.</p><p>So far, all the \"answer sheets\" of \"three barrels of oil\" performance in the first half of the year have been handed over.</p><p>In addition to Sinopec, the other two companies of the \"three barrels of oil\"-PetroChina and CNOOC also showed outstanding financial reports.</p><p>In the first half of 2021, PetroChina achieved operating income of 1.20 trillion yuan, a year-on-year increase of 28.80%; The net profit attributable to the parent turned a loss into a profit, reaching 53.036 billion yuan. CNOOC achieved operating income of 17.027 billion yuan, a year-on-year increase of 47.68%; Net profit was 5.159 billion yuan, a year-on-year increase of 221.00%.</p><p>According to the Securities Times, the \"three barrels of oil\" achieved a total net profit of 125.518 billion yuan in the first half of 2021, with a daily profit of about 693 million yuan, the best level for the same period in the past seven years.<img src=\"https://static.tigerbbs.com/82005c210539543650c192bc45e3f958\" tg-width=\"686\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>According to Sinopec's semi-annual report, an important reason for the growth in performance in the first half of the year is the increase in oil and gas demand<a href=\"https://laohu8.com/S/00001\">Changhe</a>International oil prices are rising.</p><p>In the first half of 2021, the global economy gradually recovered, and China's economy continued to recover steadily, with GDP growing by 12.7% year-on-year. Domestic oil and gas demand is growing rapidly, with the apparent consumption of natural gas and refined oil products increasing by 17.5% and 5.7% year-on-year.</p><p>At the same time, international crude oil prices continued to fluctuate upward. The average spot price of Platts Brent crude oil was US $65.23/barrel, a year-on-year increase of 62.8%.</p><p><img src=\"https://static.tigerbbs.com/3c9800e55d980d55c18dd8b5fb00af46\" tg-width=\"830\" tg-height=\"512\" referrerpolicy=\"no-referrer\"></p><p>In the first half of the year, the price trend of domestic refined oil products was basically consistent with the changes of oil prices in the international market. The state has adjusted domestic gasoline and diesel prices 10 times. The price of gasoline standard products has been increased by a total of 1,405 yuan/ton, and the price of diesel standard products has been increased by a total of 1,355 yuan/ton.</p><p>Driven by increased demand and rising oil prices, \"three barrels of oil\" have achieved growth in both oil and gas production and prices.</p><p>Among them, Sinopec's total sales volume of refined oil products reached 109 million tons, a year-on-year increase of 2%; The sales of natural gas were 14.8 billion cubic meters, 11.4% year-on-year, and the average sales price was 1,521 yuan/thousand cubic meters, a year-on-year increase of 11.1%.</p><p>PetroChina's refined oil sales reached 80.339 million tons, a year-on-year increase of 4.9%; Natural gas sales increased by 11.9% year-on-year, and prices increased by 22.6% year-on-year.</p><p>It is worth noting that the \"three barrels of oil\" are all investing more and deploying new energy businesses in response to the \"dual carbon policy\".</p><p><img src=\"https://static.tigerbbs.com/5704fc9aba53386628b581843ed21dd5\" tg-width=\"500\" tg-height=\"333\" referrerpolicy=\"no-referrer\"></p><p>Sinopec disclosed at the performance briefing on August 30 that the company has proposed the goal of building China's No. 1 hydrogen energy company. In the future, it will accelerate the development of the hydrogen energy industry as the core business of the company's new energy, promote the construction of hydrogen refueling stations and oil. Construction of hydrogen joint stations to develop hydrogen production from renewable energy. Ma Yongsheng, President of Sinopec, answered a question from a reporter from Shanghai Securities News at the briefing meeting, saying that the company has built a total of 20 hydrogen refueling stations, 10 are under construction, 30 are ready to start construction, and 20 are approved for construction, mainly concentrated in Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta, Shandong, Henan, Sichuan and Chongqing, Central China and other key areas.</p><p>PetroChina also disclosed in its semi-annual report that it will optimize the structure of oil and gas products, strengthen natural gas exploration and development, actively implement the national overall work arrangement of \"carbon peaking and carbon neutrality\", organize the preparation of the \"dual carbon\" target action plan, and continue to carry out natural gas venting Recycling, accelerate the implementation of new energy projects, actively explore the construction of carbon storage bases, increase research on carbon dioxide recycling and transportation technology, promote \"rooftop photovoltaic\" pilot projects, and plan the transformation of \"zero carbon\" storage stations.</p><p>CNOOC also announced the launch of a carbon neutrality plan, the establishment of a new energy ministry, the promotion of shore power projects, and the improvement of oil and gas field production levels. Chairman Wang Dongjin said at the interim results conference on August 19 that during the \"14th Five-Year Plan\" period, CNOOC plans to acquire no less than 5 million kilowatts of onshore photovoltaic and wind power resources, and its business investment accounts for about 5% of the company's total investment.%-10%. At the same time, the company plans to increase the proportion of natural gas in total oil and gas production from the current 20% to 35%.</p><p>On August 30, the stock prices of \"three barrels of oil\" rose one after another. As of the close, Hong Kong stocks<a href=\"https://laohu8.com/S/00386\">Sinopec Corporation</a>It rose more than 5%, A-shares Sinopec and PetroChina rose 1.95% and 2.75% respectively, and Hong Kong stocks CNOOC rose 0.78%.</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>Earn nearly 700 million a day! Three barrels of oil delivered the best answer in seven years in the first half of 2021</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\">\nEarn nearly 700 million a day! Three barrels of oil delivered the best answer in seven years in the first half of 2021\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\">2021-08-30 18:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Recently,<a href=\"https://laohu8.com/S/601857\">PetroChina</a>、<a href=\"https://laohu8.com/S/600028\">Sinopec</a>、<a href=\"https://laohu8.com/S/00883\">CNOOC</a>In the first half of 2021, the \"three barrels of oil\" added up to nearly 700 million per day, the best level for the same period in seven years.</p><p><img src=\"https://static.tigerbbs.com/90074fcf5007d85e47620889c3f80903\" tg-width=\"900\" tg-height=\"500\" referrerpolicy=\"no-referrer\">On the morning of August 30, Sinopec held a 2021 interim results briefing.</p><p>The meeting showed that Sinopec achieved operating income of 1.26 trillion yuan in the first half of the year, a year-on-year increase of 22.12%; The net profit attributable to the parent turned a loss into a profit from a loss of 22.882 billion yuan in the same period last year, reaching 39.153 billion yuan.</p><p>So far, all the \"answer sheets\" of \"three barrels of oil\" performance in the first half of the year have been handed over.</p><p>In addition to Sinopec, the other two companies of the \"three barrels of oil\"-PetroChina and CNOOC also showed outstanding financial reports.</p><p>In the first half of 2021, PetroChina achieved operating income of 1.20 trillion yuan, a year-on-year increase of 28.80%; The net profit attributable to the parent turned a loss into a profit, reaching 53.036 billion yuan. CNOOC achieved operating income of 17.027 billion yuan, a year-on-year increase of 47.68%; Net profit was 5.159 billion yuan, a year-on-year increase of 221.00%.</p><p>According to the Securities Times, the \"three barrels of oil\" achieved a total net profit of 125.518 billion yuan in the first half of 2021, with a daily profit of about 693 million yuan, the best level for the same period in the past seven years.<img src=\"https://static.tigerbbs.com/82005c210539543650c192bc45e3f958\" tg-width=\"686\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>According to Sinopec's semi-annual report, an important reason for the growth in performance in the first half of the year is the increase in oil and gas demand<a href=\"https://laohu8.com/S/00001\">Changhe</a>International oil prices are rising.</p><p>In the first half of 2021, the global economy gradually recovered, and China's economy continued to recover steadily, with GDP growing by 12.7% year-on-year. Domestic oil and gas demand is growing rapidly, with the apparent consumption of natural gas and refined oil products increasing by 17.5% and 5.7% year-on-year.</p><p>At the same time, international crude oil prices continued to fluctuate upward. The average spot price of Platts Brent crude oil was US $65.23/barrel, a year-on-year increase of 62.8%.</p><p><img src=\"https://static.tigerbbs.com/3c9800e55d980d55c18dd8b5fb00af46\" tg-width=\"830\" tg-height=\"512\" referrerpolicy=\"no-referrer\"></p><p>In the first half of the year, the price trend of domestic refined oil products was basically consistent with the changes of oil prices in the international market. The state has adjusted domestic gasoline and diesel prices 10 times. The price of gasoline standard products has been increased by a total of 1,405 yuan/ton, and the price of diesel standard products has been increased by a total of 1,355 yuan/ton.</p><p>Driven by increased demand and rising oil prices, \"three barrels of oil\" have achieved growth in both oil and gas production and prices.</p><p>Among them, Sinopec's total sales volume of refined oil products reached 109 million tons, a year-on-year increase of 2%; The sales of natural gas were 14.8 billion cubic meters, 11.4% year-on-year, and the average sales price was 1,521 yuan/thousand cubic meters, a year-on-year increase of 11.1%.</p><p>PetroChina's refined oil sales reached 80.339 million tons, a year-on-year increase of 4.9%; Natural gas sales increased by 11.9% year-on-year, and prices increased by 22.6% year-on-year.</p><p>It is worth noting that the \"three barrels of oil\" are all investing more and deploying new energy businesses in response to the \"dual carbon policy\".</p><p><img src=\"https://static.tigerbbs.com/5704fc9aba53386628b581843ed21dd5\" tg-width=\"500\" tg-height=\"333\" referrerpolicy=\"no-referrer\"></p><p>Sinopec disclosed at the performance briefing on August 30 that the company has proposed the goal of building China's No. 1 hydrogen energy company. In the future, it will accelerate the development of the hydrogen energy industry as the core business of the company's new energy, promote the construction of hydrogen refueling stations and oil. Construction of hydrogen joint stations to develop hydrogen production from renewable energy. Ma Yongsheng, President of Sinopec, answered a question from a reporter from Shanghai Securities News at the briefing meeting, saying that the company has built a total of 20 hydrogen refueling stations, 10 are under construction, 30 are ready to start construction, and 20 are approved for construction, mainly concentrated in Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta, Shandong, Henan, Sichuan and Chongqing, Central China and other key areas.</p><p>PetroChina also disclosed in its semi-annual report that it will optimize the structure of oil and gas products, strengthen natural gas exploration and development, actively implement the national overall work arrangement of \"carbon peaking and carbon neutrality\", organize the preparation of the \"dual carbon\" target action plan, and continue to carry out natural gas venting Recycling, accelerate the implementation of new energy projects, actively explore the construction of carbon storage bases, increase research on carbon dioxide recycling and transportation technology, promote \"rooftop photovoltaic\" pilot projects, and plan the transformation of \"zero carbon\" storage stations.</p><p>CNOOC also announced the launch of a carbon neutrality plan, the establishment of a new energy ministry, the promotion of shore power projects, and the improvement of oil and gas field production levels. Chairman Wang Dongjin said at the interim results conference on August 19 that during the \"14th Five-Year Plan\" period, CNOOC plans to acquire no less than 5 million kilowatts of onshore photovoltaic and wind power resources, and its business investment accounts for about 5% of the company's total investment.%-10%. At the same time, the company plans to increase the proportion of natural gas in total oil and gas production from the current 20% to 35%.</p><p>On August 30, the stock prices of \"three barrels of oil\" rose one after another. As of the close, Hong Kong stocks<a href=\"https://laohu8.com/S/00386\">Sinopec Corporation</a>It rose more than 5%, A-shares Sinopec and PetroChina rose 1.95% and 2.75% respectively, and Hong Kong stocks CNOOC rose 0.78%.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.gelonghui.com/p/483735\">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/154f468d2e230d7341262184a2d804cd","relate_stocks":{"UNG":"美国天然气基金","DGAZ":"三倍做空天然气ETN(VelocityShares)","UGAZ":"三倍做多天然气ETN(VelocityShares)"},"source_url":"http://www.gelonghui.com/p/483735","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"2163007700","content_text":"近日，中国石油、中国石化、中国海洋石油等纷纷披露上半年业绩，2021年上半年，“三桶油”加起来日赚近7亿，创下七年同期最好水平。\n8月30日上午，中国石化举行2021年中期业绩说明会。\n会议显示，中国石化上半年实现营业收入1.26万亿元，同比增长22.12%；而归母净利润则从去年同期亏损的228.82亿元扭亏为盈，达到391.53亿元。\n至此，“三桶油”上半年业绩“答卷”已全部交出。\n除了中国石化外，“三桶油”的另两家企业——中国石油和中国海洋石油同样也展示出了亮眼的财报。\n2021年上半年，中国石油实现营业收入1.20万亿元，同比增长28.80%；归母净利润扭亏为盈，达到530.36亿元。中国海洋石油则实现营业收入170.27亿元，同比增长47.68%；净利润51.59亿元，同比增长221.00%。\n据证券时报报道，“三桶油”2021年上半年合计实现净利润1255.18亿元，日赚约6.93亿元，创下近七年以来同期最好水平。\n据中国石化半年报披露，上半年业绩增长的重要原因在于油气需求增长和国际油价上行。\n2021年上半年，全球经济逐步复苏，中国经济持续稳定恢复，国内生产总值同比增长12.7%。境内油气需求快速增长，其中天然气和成品油的表观消费量同比增长17.5%和5.7%。\n同时，国际原油价格持续震荡上行，普氏布伦特原油现货均价为65.23美元/桶，同比上涨62.8%。\n\n上半年国内成品油的价格走势与国际市场油价变化基本趋于一致。国家10次调整国内汽油、柴油价格，汽油标准品价格累计上调 1405 元/吨，柴油标准品价格累计上调 1355 元/吨。\n在需求增加和油价上行的拉动下，“三桶油”实现油气产量、价格双双增长。\n其中，中国石化成品油总经销量达1.09亿吨，同比增长2%；销售天然气 148 亿立方米，同比 11.4%，销售均价1521元/千立方米，同比增长11.1%。\n中国石油成品油销量达8033.9万吨，同比增长4.9%；天然气销量同比增长11.9%，价格同比增长22.6%。\n值得注意的是，“三桶油”均在投资加码，为响应“双碳政策”布局新能源业务。\n\n中国石化在8月30日的业绩说明会上披露，公司已提出建设中国第一氢能公司的目标，未来将把氢能产业作为公司新能源的核心业务加快发展，推进加氢站建设及油氢合建站建设，发展可再生能源制氢。中国石化总裁马永生在说明会上答上海证券报记者问称，公司已累计建成加氢站20座，在建10座，准备开工30座，审批报建20座，主要集中在京津冀、长三角、珠三角、山东、河南、川渝、华中等重点地区。\n中国石油也在半年报中披露，将优化油气产品结构，加强天然气勘探开发，积极落实国家“碳达峰、碳中和”整体工作安排，组织编制“双碳”目标行动计划，持续开展放空天然气回收，加快新能源项目的实施落地，积极探索碳封存基地建设，加大对二氧化碳回收利用和运输技术研究，推进“屋顶光伏” 试点、规划“零碳”库站转型。\n而中国海洋石油同样宣布启动碳中和规划，成立新能源部，推进岸电工程，提高油气田生产水平。董事长汪东进在8月19日中期业绩发布会上表示，“十四五”期间，中国海油计划获取陆上光伏和风电资源不低于500万千瓦，业务投资占比约为公司总投资的5%-10%。同时，公司计划将天然气占油气总产量的比例从目前的20%提升至35%。\n8月30日，“三桶油”股价纷纷上涨。截至收盘，港股中国石油化工股份大涨超5%，A股中国石化和中国石油分别上涨1.95%和2.75%，港股中国海洋石油上涨0.78%。","news_type":1,"symbols_score_info":{"QGmain":0.9,"UNG":0.9,"DGAZ":0.9,"NGmain":0.9,"UGAZ":0.9}},"isVote":1,"tweetType":1,"viewCount":1175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834210537,"gmtCreate":1629805691429,"gmtModify":1676530136540,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"66666","listText":"66666","text":"66666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834210537","repostId":"1157355451","repostType":4,"repost":{"id":"1157355451","kind":"news","pubTimestamp":1629799640,"share":"https://ttm.financial/m/news/1157355451?lang=en_US&edition=fundamental","pubTime":"2021-08-24 18:07","market":"sh","language":"zh","title":"After Ant Group's solemn statement, listing will still be far away","url":"https://stock-news.laohu8.com/highlight/detail?id=1157355451","media":"BT财经","summary":"蚂蚁集团估值一度碾压五大银行，如上市将成为全球最大的IPO，但却在2020年底被暂停上市，最近更曝出有落马官员入股的传言。\n\n8月21日，中央纪委国家监委网站公布了对杭州市委书记、浙江省省委常委周江勇","content":"<p>The valuation of Ant Group once crushed the five major banks. If it goes public, it will become the world's largest IPO, but it was suspended from listing at the end of 2020. Recently, rumors of fallen officials taking shares have been exposed.<b>On August 21st, the website of the State Supervision Commission of the Central Commission for Discipline Inspection published the examination notice of Zhou Jiangyong, secretary of Hangzhou Municipal Party Committee and member of the Standing Committee of Zhejiang Provincial Party Committee.</b>At the same time, it was also announced that Hangzhou's political and business relations would be cleaned up and rectified.</p><p>There are rumors that Zhou participated in a \"surprise\" shareholding before a company's IPO. Ant Group urgently refuted the rumors after the incident. Some netizens joked: \"If you don't refute the rumors, you won't think of who it is.\"</p><p><img src=\"https://static.tigerbbs.com/9d98e7768f8401f1a59411d6dcb21cbc\" tg-width=\"566\" tg-height=\"415\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>It can be seen from the solemn statement of Ant Group that the content of Ant Group's rumors is mainly rumors that Ant Group had violations of relevant personnel's sudden acquisition of shares during the previous IPO issuance process, and stated that Ant Group will use legal means to safeguard itself. legitimate rights and interests, claiming to pursue the criminal responsibility of rumor mongers.</p><p>It should be noted that before Ant Group refuted the rumors, the public knew little about the so-called rumors, and<b>Ant Group's solemn statement made this matter even worse. Ant Group's statement even brought many questions about \"there is no silver here\"</b>。</p><p><img src=\"https://static.tigerbbs.com/71d8e8e35e0d5bfbf7c8b5712494bbd0\" tg-width=\"640\" tg-height=\"1172\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><b>Climb high and fall badly</b></p><p>Ant Group was once valued at as much as 3.6 trillion Hong Kong dollars, equivalent to as much as 3 trillion yuan. Once it is successfully listed, it will set a new record for the world's largest IPO and surpass Kweichow Moutai to become the king of A shares. During the same period, the market value of Industrial and Commercial Bank of China was only about half of that of Ant Group, only 1.6 trillion yuan, and the market value of Agricultural Bank of China was about one-third of it. For a time, Ant Group became the focus of heated discussion. Why can Ant Group have a higher market value than the five major banks?</p><p>Sorting out the business content of Ant Group, it can be roughly divided into the following sections. The first section is the payment function that everyone is familiar with and has been using. It is now called digital payment and merchant service. This is the earliest digital payment of Ali Group, of which Alipay Accounted for 36% of Ant Group's total revenue, with revenue reaching 26 billion yuan.</p><p>The highlight of Ant Group's business is the second section, digital financial technology services, which sells technical service fees. The main customers are not individuals, but financial institutions such as banks, securities, fund companies, trust companies, and insurance companies. This section once occupied The bulk of the total revenue of Ant Group was as high as 60% in the first half of 2020, about 46 billion yuan.</p><p>The third business is innovation business and others. Including high-end technologies such as innovative blockchain and database, some big data technologies used to help banks verify the loan credit of small and micro enterprises, and some projects like Ant Forest.</p><p>What makes it possible for Ant Group to surpass Maotai to become the king of A-shares and become the largest IPO in history is the intellectual property rights of Ant Group. Technical awards, these are the keys to Ant Group's recognition. As for patents and trademarks, there are 26,279 and 8,569 respectively, and 40 countries and regions around the world. It also owns 369 non-design and trade secrets, 3,927 domain names, and 677 copyrights. These intellectual properties are top technology companies both domestically and globally.</p><p>Many investors are full of expectations for the listing of Ant Group, especially the employees of Ant Group who dream of the day they will get rich overnight. However, an announcement by the Shanghai Stock Exchange on November 3, 2020 shattered these people's dreams. The announcement stated that \"the actual controller, chairman, and general manager of Ant Group were jointly interviewed by relevant departments. Major matters such as changes in the financial technology regulatory environment. This major event may cause Ant Group to fail to meet the issuance and listing conditions or information disclosure requirements, so it was decided to suspend the listing of Ant Group.\"</p><p><img src=\"https://static.tigerbbs.com/70fa1ef3428e8433000d1e9a6d3776cf\" tg-width=\"518\" tg-height=\"590\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>This is the official answer. In fact, long before the official reply, there was a saying that it was impossible for Ant Group to go public at all. The root cause of this matter may lie in Jack Ma's \"shelling bank incident\". On October 24, 2020, at the second Bund Financial Summit in Shanghai, Jack Ma delivered an impassioned 21-minute speech. Some analysts said that it was this speech that caused Ant Group to suspend its listing, and may postpone it indefinitely, because in the speech, Jack Ma openly questioned banks and regulatory agencies around the world and \"bombarded\" banks.</p><p>No matter what, the suspension of listing will have a huge impact on Ant Group. The analysis pointed out that Ant Group may become the \"most expensive company\" that climbs higher and falls the worst.</p><p><b>A \"usury\" company?</b></p><p>According to the IPO prospectus of Ant Group, Alipay's monthly active users have increased from 499 million in 2017 to 711 million monthly active users in 2020, with 1 billion + annual active users and 80 million monthly active merchants. Such a huge payment The crowd gives Ant Group sufficient confidence.</p><p>However, among the digital financial technology platforms that Ant Group relies on most, it is subdivided into micro-loan technology, wealth management technology, and insurance technology. They all look quite high-end, like a technology company, and the suffix also carries the word technology, but in fact Ant Group<b>The core business is-microfinance, sales of wealth management products and insurance.</b></p><p><img src=\"https://static.tigerbbs.com/54ca908d4c5c6d63f252f732aa1c287e\" tg-width=\"650\" tg-height=\"434\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Among small loans, wealth management products and insurance, the largest revenue is small loans. In the first half of 2020, the revenue was 28.6 billion yuan, accounting for 62% of the total revenue of digital financial technology platforms. COVID-19 pandemic has hit the domestic economy hard, and many people have to rely on borrowing to make a living after losing their jobs. Ant Group's Huabei has become the favorite of young people, which has also led to Ant Group's growth rate of 38% in the first half of 2020. In a depressed real economy, Ant Group has become the new favorite of many investors.</p><p>Shi Baogang, a financial practitioner, believes that \"Ant Financial's operation mode is to securitize creditor's rights and assets, such as packaging securities into wealth management products and issuing loans in a circular way, forming 100 times leverage. This kind of high leverage means high risk, and what is even more amazing is that Ant Group can achieve\" empty gloves and white wolves \"at zero cost when operating loans, thus achieving high profits. Through the back-and-forth operation of bonds and asset securitization, cross-purchase, its own risk is almost no, because the risks have been passed on to investors who buy related wealth management products.\"</p><p>Shi Baogang pointed out: \"To put it bluntly, Ant Group is a'usury 'company. Even if they have various technological titles, they still have a large number of intellectual property rights, but the nature of high profits reserved for themselves, and high risks thrown to society determines their nature\".</p><p>According to the data in the prospectus, when Sesame Credit is excellent enough, the daily interest rate of borrowing users is about 0.04%, which is equivalent to an annualized interest rate of 14.6%. However, once Sesame Credit score is not excellent enough, the annualized interest rate is likely to be above 18%. This annual interest rate reveals a signal that Ant Group is wandering on the edge of the boundary defined by usury companies, because according to relevant laws and regulations, the part exceeding 4 times the quoted interest rate in the loan market is not protected by law. During the same period, the loan market quoted interest rate was 3.85%, and the upper limit of 4 times should be 15.4%. Someone specifically tried the loan interest rate of borrowing, and came to the conclusion that the final interest rate was 18.2%. Whether it is usury or not can be judged by yourself.</p><p><img src=\"https://static.tigerbbs.com/c6346ce560fe998e0520bc0da62c7b64\" tg-width=\"409\" tg-height=\"515\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Furthermore,<b>Ant Group also acts as an intermediary. By cooperating with banks to lend money, the main customer groups of these loans are small and micro operators. The daily interest rate of the loan is about 0.03%, with an annualized rate of 10.95%. Ant Group does not need to invest a penny. Take a commission from the interest of bank loans.</b></p><p>Such a capital-free operation brings high profits and high growth. The micro-loan business accounts for nearly 40% of Ant Group's overall revenue, and the proportion continues to increase.</p><p><b>Ant Forest's \"Pseudo-Public Welfare\"</b></p><p>When Ant Group launched Ant Forest, many people's first impression was positive. But then I slowly discovered that things are good, and the original intention of Ant Forest may not really be doing public welfare. Its positioning as a commercial project began to be questioned by the outside world.</p><p>Let's briefly analyze the operation mode of Ant Forest. The initial mode of \"Ant Forest\" is probably to collect energy, steal the energy of friends, and attract the participation of the majority of friends in a social way. After the energy has accumulated to a certain amount, you can choose to plant trees in the northwest region or other areas with harsh environment. At this time, \"Ant Forest\" will provide a number, which corresponds to this tree and adopts real-name registration system. This move attracted positive responses from many people.</p><p><img src=\"https://static.tigerbbs.com/0e8b83fbf1391f84647e3cd7a3417607\" tg-width=\"594\" tg-height=\"443\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Today, with the increasing awareness of environmental protection, these people think that planting a tree named after themselves is equivalent to contributing to environmental protection. When the concept of environmental protection is deeply rooted in the hearts of the people, Ant Forest is more and more respected.</p><p><img src=\"https://static.tigerbbs.com/7b8fe4e78cdc275472a4a14ba2ce71c6\" tg-width=\"624\" tg-height=\"394\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Many people support Ant Forest because of the public welfare and environmental protection promoted by Ant Group, and Ant Group takes advantage of these people's simple psychology to inject more traffic into Ant Group.</p><p>It's just that most of the public welfare participants in Ant Forest don't know that the market targeted by \"Ant Forest\" is called the carbon trading market. This term is also extremely unfamiliar to the general public, but it is a huge market that can reach trillions in the future. Many talents abroad have already targeted this huge market. Bill Gates and Elon Musk, the former richest man in the world and the current richest man in the world, have been in this field for a long time. Take Elon Musk as an example. He has earned US $2 billion in revenue through the carbon trading market. The terrible thing is that this is only the initial stage of revenue, and it will continue to increase astronomically in the future.</p><p>From the current point of view, the current volume of \"Ant Forest\" is not large. From August 2016 to now, it has also gained more than 10 billion ecosystem gross value through the carbon trading market. With the continuous and in-depth expansion of \"Ant Forest\" in the future, Ant Forest will probably become another unicorn enterprise under Ali, and its market value is not much less than that of Ant Financial.</p><p>What makes Ant Forest have broad prospects is the Kyoto Protocol. In order to control the earth's greenhouse effect, this agreement controls the content of greenhouse gases in the atmosphere within a reasonable range, which requires countries around the world to reduce emissions as much as possible.</p><p>The key point is to control carbon dioxide emissions, which creates a carbon trading market. That is to say, companies without carbon emission standards cannot produce, while some companies have created a large number of indicators that cannot be used up at all. If they are not enough, they can buy indicators from companies that cannot be used up. For example, Lenovo's annual emission standard of 500 tons is simply not enough. If you want to produce after 500 tons are used up, you may have to buy them from Ant Forest. There are many similar cases abroad, and Tesla has made a lot of money from this.</p><p><img src=\"https://static.tigerbbs.com/c9f132fb9c39d3721f2b91524905bfce\" tg-width=\"617\" tg-height=\"374\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>The brilliance of \"Ant Forest\" lies in the purpose of making profits under the guise of public welfare. By planting trees and allowing the forests to absorb carbon dioxide and release oxygen through photosynthesis, emission reduction can be achieved and emission indicators can be created. Then Ant Forest can sell emission indicators to companies in need. The forest grows bigger and bigger, more and more trees are planted, and there are more and more indicators. Through the hen of public welfare, there is a steady stream of eggs, and Ant Forest is very clever in \"borrowing chickens to lay eggs\".</p><p>Interestingly, the current carbon emission market is almost clearly marked, and the carbon emission per ton is about 18 yuan. From 2016 to the end of 2020, Ant Forest's emission reduction reached 12 million tons in four years. The figure is not large, but They are growing almost geometrically, which has made Ant Forest full of prospects. It is like a piggy bank. It is making money all the time, but the cost it pays is very small.</p><p><b>Listing is in sight</b></p><p>After Ant Group was suspended from listing, many financial practitioners quickly forgot about it in addition to some regrets for Ant Group, while investors who have been paying attention to Ant Group may not see hope for the time being.</p><p>\"The most important reason for Ant Group's suspension from listing is their business model. If that kind of naked credit company becomes the largest IPO in China, it will go against the country's original intention of focusing on managing credit companies recently. At this stage, it will be difficult for Ant Group to go public within a few years.\" Liu Bo, who has been engaged in investment for many years, is not optimistic about the listing of Ant Group.</p><p>At the time of Ant Group's troubled autumn, the fall of Zhou Jiangyong, secretary of Hangzhou Municipal Party Committee, especially the title of relevant personnel in Ant Group's solemn statement, gives people a lot of reverie.</p><p>According to Caijing, from August 21st to 22nd, Zhou Jiangyong's family was suspected of making a surprise investment in a local company before the IPO, and the IPO company was not named. Combined with Zhou Jiangyong's tenure in Hangzhou, he vigorously promoted the development of the digital economy and proposed to build Hangzhou into the first digital economy city in the country. In the past few years, he has had more working contacts with local leading enterprises in the digital economy. So the public naturally thinks of Ant Group, and the solemn statement of Ant Group directly replaced the rumored \"local company\" with Ant Group. As for the truth of the incident, it is still inconclusive, and everything will be subject to the announcement verified by the authoritative department. prevail.</p><p>However, the effect of that solemn statement played the opposite effect. The embarrassment of being \"slapped in the face\" just after the rumor was refuted last year is not far away. At that time, some media reported that the Central Joint Investigation Team was stationed in Ali, and Ali issued the same solemn statement at the first time, and the criminal responsibility of the rumor mongers should also be investigated.</p><p><img src=\"https://static.tigerbbs.com/cc7940c29aa8369510fad1a1e83dff75\" tg-width=\"641\" tg-height=\"747\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>However, a few days later, it was confirmed that it was true that the investigation team was stationed in Ali, and the on-site investigation and evidence collection had been completed.</p><p><img src=\"https://static.tigerbbs.com/9e7effab9a822b5f3522eceaf058b64b\" tg-width=\"647\" tg-height=\"288\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Even if it is finally confirmed that it is just a rumor, after this \"rumor\", the listing of Ant Group will be far away.</p>","source":"lsy1588993976395","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>After Ant Group's solemn statement, listing will still be far away</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\">\nAfter Ant Group's solemn statement, listing will still be far away\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">BT财经</strong><span class=\"h-time small\">2021-08-24 18:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The valuation of Ant Group once crushed the five major banks. If it goes public, it will become the world's largest IPO, but it was suspended from listing at the end of 2020. Recently, rumors of fallen officials taking shares have been exposed.<b>On August 21st, the website of the State Supervision Commission of the Central Commission for Discipline Inspection published the examination notice of Zhou Jiangyong, secretary of Hangzhou Municipal Party Committee and member of the Standing Committee of Zhejiang Provincial Party Committee.</b>At the same time, it was also announced that Hangzhou's political and business relations would be cleaned up and rectified.</p><p>There are rumors that Zhou participated in a \"surprise\" shareholding before a company's IPO. Ant Group urgently refuted the rumors after the incident. Some netizens joked: \"If you don't refute the rumors, you won't think of who it is.\"</p><p><img src=\"https://static.tigerbbs.com/9d98e7768f8401f1a59411d6dcb21cbc\" tg-width=\"566\" tg-height=\"415\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>It can be seen from the solemn statement of Ant Group that the content of Ant Group's rumors is mainly rumors that Ant Group had violations of relevant personnel's sudden acquisition of shares during the previous IPO issuance process, and stated that Ant Group will use legal means to safeguard itself. legitimate rights and interests, claiming to pursue the criminal responsibility of rumor mongers.</p><p>It should be noted that before Ant Group refuted the rumors, the public knew little about the so-called rumors, and<b>Ant Group's solemn statement made this matter even worse. Ant Group's statement even brought many questions about \"there is no silver here\"</b>。</p><p><img src=\"https://static.tigerbbs.com/71d8e8e35e0d5bfbf7c8b5712494bbd0\" tg-width=\"640\" tg-height=\"1172\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><b>Climb high and fall badly</b></p><p>Ant Group was once valued at as much as 3.6 trillion Hong Kong dollars, equivalent to as much as 3 trillion yuan. Once it is successfully listed, it will set a new record for the world's largest IPO and surpass Kweichow Moutai to become the king of A shares. During the same period, the market value of Industrial and Commercial Bank of China was only about half of that of Ant Group, only 1.6 trillion yuan, and the market value of Agricultural Bank of China was about one-third of it. For a time, Ant Group became the focus of heated discussion. Why can Ant Group have a higher market value than the five major banks?</p><p>Sorting out the business content of Ant Group, it can be roughly divided into the following sections. The first section is the payment function that everyone is familiar with and has been using. It is now called digital payment and merchant service. This is the earliest digital payment of Ali Group, of which Alipay Accounted for 36% of Ant Group's total revenue, with revenue reaching 26 billion yuan.</p><p>The highlight of Ant Group's business is the second section, digital financial technology services, which sells technical service fees. The main customers are not individuals, but financial institutions such as banks, securities, fund companies, trust companies, and insurance companies. This section once occupied The bulk of the total revenue of Ant Group was as high as 60% in the first half of 2020, about 46 billion yuan.</p><p>The third business is innovation business and others. Including high-end technologies such as innovative blockchain and database, some big data technologies used to help banks verify the loan credit of small and micro enterprises, and some projects like Ant Forest.</p><p>What makes it possible for Ant Group to surpass Maotai to become the king of A-shares and become the largest IPO in history is the intellectual property rights of Ant Group. Technical awards, these are the keys to Ant Group's recognition. As for patents and trademarks, there are 26,279 and 8,569 respectively, and 40 countries and regions around the world. It also owns 369 non-design and trade secrets, 3,927 domain names, and 677 copyrights. These intellectual properties are top technology companies both domestically and globally.</p><p>Many investors are full of expectations for the listing of Ant Group, especially the employees of Ant Group who dream of the day they will get rich overnight. However, an announcement by the Shanghai Stock Exchange on November 3, 2020 shattered these people's dreams. The announcement stated that \"the actual controller, chairman, and general manager of Ant Group were jointly interviewed by relevant departments. Major matters such as changes in the financial technology regulatory environment. This major event may cause Ant Group to fail to meet the issuance and listing conditions or information disclosure requirements, so it was decided to suspend the listing of Ant Group.\"</p><p><img src=\"https://static.tigerbbs.com/70fa1ef3428e8433000d1e9a6d3776cf\" tg-width=\"518\" tg-height=\"590\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>This is the official answer. In fact, long before the official reply, there was a saying that it was impossible for Ant Group to go public at all. The root cause of this matter may lie in Jack Ma's \"shelling bank incident\". On October 24, 2020, at the second Bund Financial Summit in Shanghai, Jack Ma delivered an impassioned 21-minute speech. Some analysts said that it was this speech that caused Ant Group to suspend its listing, and may postpone it indefinitely, because in the speech, Jack Ma openly questioned banks and regulatory agencies around the world and \"bombarded\" banks.</p><p>No matter what, the suspension of listing will have a huge impact on Ant Group. The analysis pointed out that Ant Group may become the \"most expensive company\" that climbs higher and falls the worst.</p><p><b>A \"usury\" company?</b></p><p>According to the IPO prospectus of Ant Group, Alipay's monthly active users have increased from 499 million in 2017 to 711 million monthly active users in 2020, with 1 billion + annual active users and 80 million monthly active merchants. Such a huge payment The crowd gives Ant Group sufficient confidence.</p><p>However, among the digital financial technology platforms that Ant Group relies on most, it is subdivided into micro-loan technology, wealth management technology, and insurance technology. They all look quite high-end, like a technology company, and the suffix also carries the word technology, but in fact Ant Group<b>The core business is-microfinance, sales of wealth management products and insurance.</b></p><p><img src=\"https://static.tigerbbs.com/54ca908d4c5c6d63f252f732aa1c287e\" tg-width=\"650\" tg-height=\"434\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Among small loans, wealth management products and insurance, the largest revenue is small loans. In the first half of 2020, the revenue was 28.6 billion yuan, accounting for 62% of the total revenue of digital financial technology platforms. COVID-19 pandemic has hit the domestic economy hard, and many people have to rely on borrowing to make a living after losing their jobs. Ant Group's Huabei has become the favorite of young people, which has also led to Ant Group's growth rate of 38% in the first half of 2020. In a depressed real economy, Ant Group has become the new favorite of many investors.</p><p>Shi Baogang, a financial practitioner, believes that \"Ant Financial's operation mode is to securitize creditor's rights and assets, such as packaging securities into wealth management products and issuing loans in a circular way, forming 100 times leverage. This kind of high leverage means high risk, and what is even more amazing is that Ant Group can achieve\" empty gloves and white wolves \"at zero cost when operating loans, thus achieving high profits. Through the back-and-forth operation of bonds and asset securitization, cross-purchase, its own risk is almost no, because the risks have been passed on to investors who buy related wealth management products.\"</p><p>Shi Baogang pointed out: \"To put it bluntly, Ant Group is a'usury 'company. Even if they have various technological titles, they still have a large number of intellectual property rights, but the nature of high profits reserved for themselves, and high risks thrown to society determines their nature\".</p><p>According to the data in the prospectus, when Sesame Credit is excellent enough, the daily interest rate of borrowing users is about 0.04%, which is equivalent to an annualized interest rate of 14.6%. However, once Sesame Credit score is not excellent enough, the annualized interest rate is likely to be above 18%. This annual interest rate reveals a signal that Ant Group is wandering on the edge of the boundary defined by usury companies, because according to relevant laws and regulations, the part exceeding 4 times the quoted interest rate in the loan market is not protected by law. During the same period, the loan market quoted interest rate was 3.85%, and the upper limit of 4 times should be 15.4%. Someone specifically tried the loan interest rate of borrowing, and came to the conclusion that the final interest rate was 18.2%. Whether it is usury or not can be judged by yourself.</p><p><img src=\"https://static.tigerbbs.com/c6346ce560fe998e0520bc0da62c7b64\" tg-width=\"409\" tg-height=\"515\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Furthermore,<b>Ant Group also acts as an intermediary. By cooperating with banks to lend money, the main customer groups of these loans are small and micro operators. The daily interest rate of the loan is about 0.03%, with an annualized rate of 10.95%. Ant Group does not need to invest a penny. Take a commission from the interest of bank loans.</b></p><p>Such a capital-free operation brings high profits and high growth. The micro-loan business accounts for nearly 40% of Ant Group's overall revenue, and the proportion continues to increase.</p><p><b>Ant Forest's \"Pseudo-Public Welfare\"</b></p><p>When Ant Group launched Ant Forest, many people's first impression was positive. But then I slowly discovered that things are good, and the original intention of Ant Forest may not really be doing public welfare. Its positioning as a commercial project began to be questioned by the outside world.</p><p>Let's briefly analyze the operation mode of Ant Forest. The initial mode of \"Ant Forest\" is probably to collect energy, steal the energy of friends, and attract the participation of the majority of friends in a social way. After the energy has accumulated to a certain amount, you can choose to plant trees in the northwest region or other areas with harsh environment. At this time, \"Ant Forest\" will provide a number, which corresponds to this tree and adopts real-name registration system. This move attracted positive responses from many people.</p><p><img src=\"https://static.tigerbbs.com/0e8b83fbf1391f84647e3cd7a3417607\" tg-width=\"594\" tg-height=\"443\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Today, with the increasing awareness of environmental protection, these people think that planting a tree named after themselves is equivalent to contributing to environmental protection. When the concept of environmental protection is deeply rooted in the hearts of the people, Ant Forest is more and more respected.</p><p><img src=\"https://static.tigerbbs.com/7b8fe4e78cdc275472a4a14ba2ce71c6\" tg-width=\"624\" tg-height=\"394\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Many people support Ant Forest because of the public welfare and environmental protection promoted by Ant Group, and Ant Group takes advantage of these people's simple psychology to inject more traffic into Ant Group.</p><p>It's just that most of the public welfare participants in Ant Forest don't know that the market targeted by \"Ant Forest\" is called the carbon trading market. This term is also extremely unfamiliar to the general public, but it is a huge market that can reach trillions in the future. Many talents abroad have already targeted this huge market. Bill Gates and Elon Musk, the former richest man in the world and the current richest man in the world, have been in this field for a long time. Take Elon Musk as an example. He has earned US $2 billion in revenue through the carbon trading market. The terrible thing is that this is only the initial stage of revenue, and it will continue to increase astronomically in the future.</p><p>From the current point of view, the current volume of \"Ant Forest\" is not large. From August 2016 to now, it has also gained more than 10 billion ecosystem gross value through the carbon trading market. With the continuous and in-depth expansion of \"Ant Forest\" in the future, Ant Forest will probably become another unicorn enterprise under Ali, and its market value is not much less than that of Ant Financial.</p><p>What makes Ant Forest have broad prospects is the Kyoto Protocol. In order to control the earth's greenhouse effect, this agreement controls the content of greenhouse gases in the atmosphere within a reasonable range, which requires countries around the world to reduce emissions as much as possible.</p><p>The key point is to control carbon dioxide emissions, which creates a carbon trading market. That is to say, companies without carbon emission standards cannot produce, while some companies have created a large number of indicators that cannot be used up at all. If they are not enough, they can buy indicators from companies that cannot be used up. For example, Lenovo's annual emission standard of 500 tons is simply not enough. If you want to produce after 500 tons are used up, you may have to buy them from Ant Forest. There are many similar cases abroad, and Tesla has made a lot of money from this.</p><p><img src=\"https://static.tigerbbs.com/c9f132fb9c39d3721f2b91524905bfce\" tg-width=\"617\" tg-height=\"374\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>The brilliance of \"Ant Forest\" lies in the purpose of making profits under the guise of public welfare. By planting trees and allowing the forests to absorb carbon dioxide and release oxygen through photosynthesis, emission reduction can be achieved and emission indicators can be created. Then Ant Forest can sell emission indicators to companies in need. The forest grows bigger and bigger, more and more trees are planted, and there are more and more indicators. Through the hen of public welfare, there is a steady stream of eggs, and Ant Forest is very clever in \"borrowing chickens to lay eggs\".</p><p>Interestingly, the current carbon emission market is almost clearly marked, and the carbon emission per ton is about 18 yuan. From 2016 to the end of 2020, Ant Forest's emission reduction reached 12 million tons in four years. The figure is not large, but They are growing almost geometrically, which has made Ant Forest full of prospects. It is like a piggy bank. It is making money all the time, but the cost it pays is very small.</p><p><b>Listing is in sight</b></p><p>After Ant Group was suspended from listing, many financial practitioners quickly forgot about it in addition to some regrets for Ant Group, while investors who have been paying attention to Ant Group may not see hope for the time being.</p><p>\"The most important reason for Ant Group's suspension from listing is their business model. If that kind of naked credit company becomes the largest IPO in China, it will go against the country's original intention of focusing on managing credit companies recently. At this stage, it will be difficult for Ant Group to go public within a few years.\" Liu Bo, who has been engaged in investment for many years, is not optimistic about the listing of Ant Group.</p><p>At the time of Ant Group's troubled autumn, the fall of Zhou Jiangyong, secretary of Hangzhou Municipal Party Committee, especially the title of relevant personnel in Ant Group's solemn statement, gives people a lot of reverie.</p><p>According to Caijing, from August 21st to 22nd, Zhou Jiangyong's family was suspected of making a surprise investment in a local company before the IPO, and the IPO company was not named. Combined with Zhou Jiangyong's tenure in Hangzhou, he vigorously promoted the development of the digital economy and proposed to build Hangzhou into the first digital economy city in the country. In the past few years, he has had more working contacts with local leading enterprises in the digital economy. So the public naturally thinks of Ant Group, and the solemn statement of Ant Group directly replaced the rumored \"local company\" with Ant Group. As for the truth of the incident, it is still inconclusive, and everything will be subject to the announcement verified by the authoritative department. prevail.</p><p>However, the effect of that solemn statement played the opposite effect. The embarrassment of being \"slapped in the face\" just after the rumor was refuted last year is not far away. At that time, some media reported that the Central Joint Investigation Team was stationed in Ali, and Ali issued the same solemn statement at the first time, and the criminal responsibility of the rumor mongers should also be investigated.</p><p><img src=\"https://static.tigerbbs.com/cc7940c29aa8369510fad1a1e83dff75\" tg-width=\"641\" tg-height=\"747\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>However, a few days later, it was confirmed that it was true that the investigation team was stationed in Ali, and the on-site investigation and evidence collection had been completed.</p><p><img src=\"https://static.tigerbbs.com/9e7effab9a822b5f3522eceaf058b64b\" tg-width=\"647\" tg-height=\"288\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Even if it is finally confirmed that it is just a rumor, after this \"rumor\", the listing of Ant Group will be far away.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/Sy6Nb4kw8UfSuXGodGlRsQ\">BT财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a36908ff214bd6cd3260483c5eb70478","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/Sy6Nb4kw8UfSuXGodGlRsQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157355451","content_text":"蚂蚁集团估值一度碾压五大银行，如上市将成为全球最大的IPO，但却在2020年底被暂停上市，最近更曝出有落马官员入股的传言。\n\n8月21日，中央纪委国家监委网站公布了对杭州市委书记、浙江省省委常委周江勇的审查通告。同时还公布了要对杭州的政商关系进行清理整治。\n有相关传言称周参与了一家公司IPO前的“突击”入股，蚂蚁集团在事发后的紧急辟谣，有网友戏称：“你不辟谣还想不到是谁呢。”\n\n从蚂蚁集团的严正声明中可以看出，蚂蚁集团辟谣的内容主要是有传言说蚂蚁集团在此前IPO发行的过程中，存在相关人员突击入股的违规行为，并声明蚂蚁集团会采用法律手段维护自身的合法权益，声称要追究造谣者的刑事责任。\n需要注意的是在蚂蚁集团的辟谣之前，大众对所谓的谣传知之甚少，而蚂蚁集团的一番严正声明反而让此事愈演愈烈，蚂蚁集团的此番声明，甚至带来了“此地无银三百两”的诸多质疑。\n\n爬得高 摔得惨\n蚂蚁集团一度被估值高达3.6万亿港元，折合人民币高达3万亿元，一旦上市成功将刷新全球最大IPO记录，将超越贵州茅台成为A股之王。而同期的中国工商银行市值仅为蚂蚁集团的一半左右，仅为1.6万亿元，农业银行市值约为其三分之一，一时间蚂蚁集团成为热议的焦点，大家关注的话题是，凭什么蚂蚁集团能比五大银行的市值都高？\n梳理蚂蚁集团业务内容，大致可以分为以下几个版块，第一块是大家比较熟知也一直在使用的支付功能，现在叫数字支付与商家服务，这是阿里集团最早的数字支付，其中支付宝占蚂蚁集团总收入的36%，营收达260亿元。\n蚂蚁集团业务的重头戏是第二版块，数字金融科技服务，就是卖技术服务费，主要客户并非个人，而是针对银行、证券、基金公司、信托公司、保险公司等金融机构，这一块一度占据蚂蚁集团总收入的大头，在2020年上半年，一度高达六成，约460亿元。\n第三块业务是创新业务及其他。创新包括区块链、数据库等高端技术，用来帮银行验证小微企业的贷款信用的一些大数据技术，同时还有一些像蚂蚁森林之类的项目存在。\n而让蚂蚁集团有可能超越茅台成为A股之王并成为史上最大IPO的是蚂蚁集团的知识产权，蚂蚁集团雄厚的知识产权包含了26项自主研发核心技术产品，18项世界级和国家级核心技术奖项，这些是蚂蚁集团能被认可的关键所在，至于专利、商标分别高达26279和8569项，部及全球40个国家和地区，同时还拥有369项非外观设计及商业秘密、3927项域名、677项著作权。这些知识产权无论是在国内还是全球都是顶级的科技公司。\n很多投资者对蚂蚁集团的上市充满了期待，尤其蚂蚁集团的员工们都幻想着一夜暴富的那一天。但2020年11月3日上交所的一则公告击碎了这些人的美梦，该公告称“蚂蚁集团实际控制人及董事长、总经理被有关部门联合进行监管约谈，蚂蚁集团报告所处的金融科技监管环境发生变化等重大事项。该重大事项可能导致蚂蚁集团不符合发行上市条件或者信息披露要求，因此，决定暂缓蚂蚁集团的上市。”\n\n这是官方给出的答复。其实早在官方给出回复之前，就有说法称蚂蚁集团根本不可能上市，这事的根源或在于马云“炮轰银行事件”，2020年10月24日，上海第二届外滩金融峰会上，马云发表了时长21分钟的慷慨激昂的演讲，有分析称或正是这个演讲，让蚂蚁集团暂缓上市，且可能无限期推迟，因为在演讲中马云公然质疑全世界的银行及监管机构，并对银行进行了“炮轰”。\n不管怎样暂停上市对蚂蚁集团影响巨大。分析指出，蚂蚁集团或成为爬得越高，摔得最惨的“最贵公司”。\n一家“高利贷”公司？\n蚂蚁集团的IPO招股书中显示，支付宝的月度活跃用户由2017年的4.99亿名，上涨到2020年月活用户7.11亿名，年度活跃用户10亿+，月活商家8000万家，如此庞大的支付人群让蚂蚁集团有了充足的底气。\n但在蚂蚁集团最为仰仗的数字金融科技平台中，细分为微贷科技、理财科技、保险科技。看着都挺高大上，都像一家科技公司，后缀也都带着科技两个字，但其实蚂蚁集团核心的业务是——小额贷款、理财产品销售和卖保险。\n\n在小额贷款、理财产品和保险之中，营收规模最大的是小额贷款，2020年上半年营收286亿元，占数字金融科技平台总营收的62%，新冠疫情重创国内经济，很多人失业后不得不依靠借贷维持生计，蚂蚁集团的花呗成为年轻人的最爱，这也导致2020年上半年蚂蚁集团增速38%，在实体经济一片萧条的大环境，蚂蚁集团成为众多投资者的新宠。\n金融从业人士史宝刚认为，“蚂蚁金服的运作模式是通过债权、资产证券化，比如把证券包装为理财产品，循环的发放贷款，形成了100倍杠杆。这种高杠杆意味着高风险，更让人叫绝的是，蚂蚁集团在操作贷款的时候可以做到零成本就能完成“空手套白狼”，从而实现高额的利润，通过债券和资产化证券化的来回运作，交叉购买，自身风险几乎没有，因为风险已经层层转嫁到购买相关理财产品的投资者身上。”\n史宝刚指出：“说白了，蚂蚁集团就是一家‘高利贷’公司，即便他们冠以各种科技称谓，也拥有数量众多的知识产权，但高利润留给自己，高风险扔给社会的本质决定他们的性质”。\n根据招股书数据可知，当芝麻信用足够优秀的情况下，借呗用户的日利率为0.04%左右，折合年化利率为14.6%，但一旦芝麻信用分不够优秀，则年化利率很有可能在18%以上。这个年利率透露一个信号，就是蚂蚁集团在高利贷公司界定的界限边缘游走，因为根据相关法律规定，超过贷款市场报价利率4倍的部分不受法律保护。同期贷款市场报价利率3.85%，4倍的上限应该为15.4%。有人专门尝试了一下借呗的贷款利率，得出最终的利率为18.2%，是否高利贷可以自行判断。\n\n此外，蚂蚁集团还充当中介的角色，通过与银行合作放贷，这些贷款主要客户群体为小微经营者，贷款的日利率为0.03%左右，年化10.95%，蚂蚁集团不需要投入一分钱就能从银行放贷的利息中进行抽成。\n如此无本经营带来的是高利润和高增长，微贷业务占蚂蚁集团整体营收的比重为一直接近四成，比重不断提升。\n蚂蚁森林的“伪公益”\n蚂蚁集团推出蚂蚁森林的时候，很多人的第一感觉还是正面的。但随后慢慢发现，事是好事，蚂蚁森林的初心未必真的是在做公益。将其定位在商业项目开始被外界质疑。\n简单分析一下蚂蚁森林的运作模式，“蚂蚁森林”的最初模式大概是收集能量，偷朋友的能量，以社交的方式，吸引广大朋友圈人的参与，在能量积攒到一定量之后，就可以选择在西北地区或其他环境恶劣的地区种树。此时“蚂蚁森林”会提供一个编号，这个编号就对应着这棵树，还采用了实名制。此举招来很多人的积极响应。\n\n在环保意识逐渐提升的今天，这些人认为种下一棵以自己名字命名的树，相当于环境保护出了一份力。在环保理念深入人心之际，蚂蚁森林受到更多的追崇。\n\n很多人支持蚂蚁森林，看上的是蚂蚁集团宣传的公益环保，而蚂蚁集团利用了这些人的朴素心理，为蚂蚁集团注入更多的流量。\n只是参与蚂蚁森林的公益者们多数人并不知道，“蚂蚁森林”瞄准的市场叫做碳交易市场。这个名词对于普通大众来说也极为陌生，但它却是一个未来能达到万亿级的庞大市场。在国外很多牛人早已瞄上这个庞大市场，前世界首富和现世界首富比尔盖茨和埃隆马斯克都在这个领域布局已久。以埃隆马斯克为例，他通过碳交易市场已经获得了20亿美金的收入，可怕的是，这只是开始阶段的收益，未来将会不断暴增的天文数字。\n从目前来看，“蚂蚁森林”现在的体量并不大，从2016年8月到现在，通过碳交易市场也获得了百亿以上的生态系统生产总值，随着未来“蚂蚁森林”的不断深入拓展，蚂蚁森林将有可能会成为阿里旗下的另一个独角兽企业，市值并不比蚂蚁金服少太多。\n让蚂蚁森林拥有广阔前景的是在《京都议定书》，该协定为了控制地球的温室效应，把大气中温室气体的含量控制在一个合理的区间，这就需要全球各国尽可能地减少排放。\n而其中的关键点是控制二氧化碳的排放，这就产生了碳交易市场，也就是说没有碳排放标准的企业是没有办法生产的，而有的企业制造了大量的指标，根本用不完，不够用的向用不完的企业购买指标，举例来说，联想一年500吨的排放标准根本不够用，用完了500吨之后要想生产，可能就得向蚂蚁森林购买，国外也有不少类似案例，特斯拉就靠此赚了不少钱。\n\n“蚂蚁森林”的高明之处在于打着公益的幌子实现盈利的目的，通过植树造林，让树林通过光合作用吸收二氧化碳放出氧气，就可以实现减排，创造出排放指标。然后蚂蚁森林可以把排放指标卖给需要的企业。森林越长越大，植树越来越多，指标越来越多，借着公益者这只母鸡，有着源源不断的鸡蛋，蚂蚁森林“借鸡生蛋”非常高明。\n有意思的是，目前碳排放市场几乎是明码标价，每吨碳排放为18元左右，蚂蚁森林从2016年到2020年底，4年的时间减排量达到了1200万吨，数字并不大，但他们几乎是几何倍增速，已让蚂蚁森林充满前景，这就好比是一个存钱罐一样，每时每刻都在进钱，而自身付出的成本却微乎其微。\n上市遥遥无期\n在蚂蚁集团被暂停上市后，很多金融从业者除了对蚂蚁集团有些惋惜之外，很快就淡忘了此事，而一直关注蚂蚁集团的投资者却可能暂时看不到希望。\n“蚂蚁集团被暂停上市，最主要还是他们的经营模式，那种赤裸裸的信贷公司，如果成为国内最大的IPO，就会和国家最近一直重点治理信贷公司的初衷相违背，现阶段来看，数年内蚂蚁集团上市都很难。”从事投资多年的刘波对蚂蚁集团的上市持不乐观态度。\n正在蚂蚁集团多事之秋之际，杭州市委书记周江勇的落马，尤其蚂蚁集团严正声明中的相关人员的称谓，更给人诸多遐想。\n据《财经》报道，从8月21日至22日，有关周江勇家族涉嫌在当地一家公司IPO前突击入股，而这家IPO的公司并未被点名道姓，结合周江勇在主政杭州期间，曾大力推进数字经济发展，提出要将杭州打造成全国数字经济第一城。过去几年，他与当地数字经济龙头企业有较多工作接触。于是公众自然联想到蚂蚁集团，蚂蚁集团的严正声明则直接将谣传中的“当地一家公司”直接换成了蚂蚁集团，至于事件的真相目前尚无定论，一切将以权威部门查实后的通告为准。\n而那则严正声明的效果却起到了相反的作用，去年刚辟谣就被“打脸”的尴尬并不遥远，当时有媒体报道说中央联合调查组进驻阿里，阿里第一时间发表同样的严正声明，也要追究造谣者的刑事责任。\n\n但在几天后就被证实，调查组进驻阿里是真事，且已经完成了现场的调查取证。\n\n即便最终证实只是谣传，但在经此“谣传”后，蚂蚁集团上市更将遥遥无期。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834237776,"gmtCreate":1629805642695,"gmtModify":1676530136524,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834237776","repostId":"1134494417","repostType":4,"isVote":1,"tweetType":1,"viewCount":1506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806702183,"gmtCreate":1627692200442,"gmtModify":1703494705087,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://st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| 輝瑞財報分析 疫苗收入即將超過主營！","htmlText":"期待很久的輝瑞<a target=\"_blank\" href=\"https://laohu8.com/S/PFE\">$輝瑞(PFE)$</a>發佈了2021年第二季度的財報，對於目前的股票市場和大流行，閱讀這份2021Q2輝瑞財報，着重點更多的是放在了新冠疫苗上。閱讀這份財報並不簡單，包含了大量專業詞彙，讀起來也不像其他公司那樣輕鬆，輝瑞公司我關注了很久，在此之前我翻閱了大量關於生物製藥的材料，看了很多份文件，但是閱讀這份財報的時候還是比較吃力。 我盡我可能將這些專業術語或者比較難懂的內容進行大白話模式的表達，以方便大家理解。如果是在看不下去，可以直接跳到最後一部分，有我對於輝瑞公司的目標價位等。 前言 輝瑞公司更換了LOGO，由之前的藍色小藥丸，變成了現在藍色雙螺旋，這真的是越來越追求生物製藥了，不知道會不會變成“傘公司”呢？開個玩笑，對於輝瑞來說，並非只有新冠疫苗，其製藥部分更爲龐大和複雜。我們閱讀這份財報主要看疫苗（BNT162b2）部分，這應該也是大家都比較關注的一點，理論上上疫苗上市後需求會有個高峯，而後會出現下滑，如果疫苗的需求量 一直處於高峯或者每個季度都比上個季度高，這雖然對公司營收上來看挺好的，但反而說明大流行沒那麼快會結束。 小提示：輝瑞疫苗是由<a target=\"_blank\" href=\"https://laohu8.com/S/PFE\">$輝瑞(PFE)$</a>&nbsp;和<a target=\"_blank\" href=\"https://laohu8.com/S/BNTX\">$BioNTech SE(BNTX)$</a>&nbsp;聯合開發的，並非只有輝瑞一家公司，根據後面財報信息，我們也可以讀出這兩家公司是如何分割利潤的。 看財報前，我對該公司的預期也是因疫苗而產生的營銷額應該遠超於2021Q1季度，而面對目前的變種誕生，輝瑞或許在未來會推","listText":"期待很久的輝瑞<a target=\"_blank\" href=\"https://laohu8.com/S/PFE\">$輝瑞(PFE)$</a>發佈了2021年第二季度的財報，對於目前的股票市場和大流行，閱讀這份2021Q2輝瑞財報，着重點更多的是放在了新冠疫苗上。閱讀這份財報並不簡單，包含了大量專業詞彙，讀起來也不像其他公司那樣輕鬆，輝瑞公司我關注了很久，在此之前我翻閱了大量關於生物製藥的材料，看了很多份文件，但是閱讀這份財報的時候還是比較吃力。 我盡我可能將這些專業術語或者比較難懂的內容進行大白話模式的表達，以方便大家理解。如果是在看不下去，可以直接跳到最後一部分，有我對於輝瑞公司的目標價位等。 前言 輝瑞公司更換了LOGO，由之前的藍色小藥丸，變成了現在藍色雙螺旋，這真的是越來越追求生物製藥了，不知道會不會變成“傘公司”呢？開個玩笑，對於輝瑞來說，並非只有新冠疫苗，其製藥部分更爲龐大和複雜。我們閱讀這份財報主要看疫苗（BNT162b2）部分，這應該也是大家都比較關注的一點，理論上上疫苗上市後需求會有個高峯，而後會出現下滑，如果疫苗的需求量 一直處於高峯或者每個季度都比上個季度高，這雖然對公司營收上來看挺好的，但反而說明大流行沒那麼快會結束。 小提示：輝瑞疫苗是由<a target=\"_blank\" href=\"https://laohu8.com/S/PFE\">$輝瑞(PFE)$</a>&nbsp;和<a target=\"_blank\" href=\"https://laohu8.com/S/BNTX\">$BioNTech SE(BNTX)$</a>&nbsp;聯合開發的，並非只有輝瑞一家公司，根據後面財報信息，我們也可以讀出這兩家公司是如何分割利潤的。 看財報前，我對該公司的預期也是因疫苗而產生的營銷額應該遠超於2021Q1季度，而面對目前的變種誕生，輝瑞或許在未來會推","text":"期待很久的輝瑞$輝瑞(PFE)$發佈了2021年第二季度的財報，對於目前的股票市場和大流行，閱讀這份2021Q2輝瑞財報，着重點更多的是放在了新冠疫苗上。閱讀這份財報並不簡單，包含了大量專業詞彙，讀起來也不像其他公司那樣輕鬆，輝瑞公司我關注了很久，在此之前我翻閱了大量關於生物製藥的材料，看了很多份文件，但是閱讀這份財報的時候還是比較吃力。 我盡我可能將這些專業術語或者比較難懂的內容進行大白話模式的表達，以方便大家理解。如果是在看不下去，可以直接跳到最後一部分，有我對於輝瑞公司的目標價位等。 前言 輝瑞公司更換了LOGO，由之前的藍色小藥丸，變成了現在藍色雙螺旋，這真的是越來越追求生物製藥了，不知道會不會變成“傘公司”呢？開個玩笑，對於輝瑞來說，並非只有新冠疫苗，其製藥部分更爲龐大和複雜。我們閱讀這份財報主要看疫苗（BNT162b2）部分，這應該也是大家都比較關注的一點，理論上上疫苗上市後需求會有個高峯，而後會出現下滑，如果疫苗的需求量 一直處於高峯或者每個季度都比上個季度高，這雖然對公司營收上來看挺好的，但反而說明大流行沒那麼快會結束。 小提示：輝瑞疫苗是由$輝瑞(PFE)$ 和$BioNTech SE(BNTX)$ 聯合開發的，並非只有輝瑞一家公司，根據後面財報信息，我們也可以讀出這兩家公司是如何分割利潤的。 看財報前，我對該公司的預期也是因疫苗而產生的營銷額應該遠超於2021Q1季度，而面對目前的變種誕生，輝瑞或許在未來會推","images":[{"img":"https://static.tigerbbs.com/c4c0064c4ee1031ad4d1c93dd363f47f","width":"688","height":"387"},{"img":"https://static.tigerbbs.com/ed38c8fce64d5b5b3df59db4e732cea8","width":"653","height":"1147"},{"img":"https://static.tigerbbs.com/8ad6f60d8c644fa6ffeb103b66bade2f","width":"688","height":"955"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801575381","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":16,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174715859,"gmtCreate":1627138856471,"gmtModify":1703484724515,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/174715859","repostId":"2153133933","repostType":4,"repost":{"id":"2153133933","kind":"news","pubTimestamp":1627094380,"share":"https://ttm.financial/m/news/2153133933?lang=en_US&edition=fundamental","pubTime":"2021-07-24 10:39","market":"us","language":"zh","title":"Behind the rumors of acquisition of GlobalFoundries: Intel's chip manufacturing ambitions revealed","url":"https://stock-news.laohu8.com/highlight/detail?id=2153133933","media":"中国经营报","summary":"作为目前全球半导体产业中为数不多保留了芯片制造部门的龙头公司，英特尔近年来却在造芯环节开始落后于以芯片制造代工为核心业务的台积电，尤其是在先进制程方面，英特尔的7纳米工艺迟迟没有进展，台积电日前则在季度财报上宣布已通过5纳米工艺赚取了近三个季度10%的营收，同时还将在今年三季度试产3纳米工艺。","content":"<p>A merger and acquisition plan that may be the largest in the global semiconductor industry in recent years has surfaced recently. On July 17, according to the Wall Street Journal citing people familiar with the matter,<a href=\"https://laohu8.com/S/INTC\">Intel</a>It is studying the acquisition of GlobalFoundries (often referred to as \"GlobalFoundries\" in the industry) for US $30 billion (approximately RMB 194 billion), which was once a partner with<a href=\"https://laohu8.com/S/TSM\">TSMC</a>The equally famous global chip manufacturing giant, if this deal goes through, will become Intel's largest acquisition in history.</p><p>However, the rumor was quickly denied by Grofond. On July 19, the CEO of GlobalFoundries stated that the news of negotiating an acquisition with Intel was just speculation, and denied that there had been any acquisition discussions with the former, but would continue to seek to achieve listing through IPO. In this regard, the reporter of China Business News interviewed the person in charge of Intel China, but the other party said that he would not respond to this topic.</p><p>Although this official response quickly cooled the public opinion about this shocking deal that may shake the industry, there is more and more evidence that Intel hopes to make a difference in the field of chip manufacturing. Recently, the British \"Financial Times\" quoted Intel's official statement as confirming that the company is planning to invest US $20 billion (approximately RMB 129.6 billion) to build chip factories in multiple EU member states. The company is currently lobbying to obtain EU support.</p><p>As one of the few leading companies in the global semiconductor industry that has retained its chip manufacturing department, Intel has begun to lag behind TSMC, whose core business is chip manufacturing foundry, in recent years, especially in terms of advanced manufacturing processes. Intel's 7 The nanometer process has not made progress. TSMC recently announced in its quarterly financial report that it has earned 10% of its revenue for nearly three quarters through the 5-nanometer process, and will also trial-produce the 3-nanometer process in the third quarter of this year.</p><p>Under such a gap, whether Intel can finally succeed in the acquisition of GlobalFoundries does not seem to affect the outside world's judgment that it will strive to return to the advanced camp of chip manufacturing, and the competitive landscape of the entire global semiconductor manufacturing field may also be Marked by the rumored incident of Intel's acquisition of GlobalFoundries, it has quietly entered a new trend.</p><p><b>The probability of acquisition remains high</b></p><p>Behind Intel's recent actions, Pat Gelsinger (Pat Gelsinger) is regarded as the central role in promoting this round of decision-making. He officially succeeded his predecessor Bob Swan (Bob Swan) as the company's CEO in February this year. According to the Wall Street Journal, the reason Bob Swan was out is that he fell behind his main competitors because he failed to advance advanced manufacturing processes<a href=\"https://laohu8.com/S/AMD\">AMD</a>Related to.</p><p>Therefore, less than a month after taking office, Kissinger made a high-profile announcement of Intel's \"IDM2.0\" vision. Among them, IDM refers to a semiconductor company covering all aspects from design to manufacturing. Since chip manufacturing requires extremely high capital investment in technology research and development, only a few giant companies have the strength to assume this role. In the field of semiconductor manufacturing, currently only Intel,<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>A few companies pursue the IDM model, while others adopt full-time foundry models such as TSMC.</p><p>In this newly drawn IDM2.0 blueprint, the foundry business has also become Intel's most important future strategy. Kissinger said in his speech that Intel plans to become the main foundry capacity supplier in the United States and Europe, providing services to global customers. To this end, Intel will invest $20 billion to build two new factories in Arizona, open an independent foundry department and cooperate with third-party foundries.</p><p>It is worth noting that when announcing the cooperation list, Kissinger directly pointed out TSMC,<a href=\"https://laohu8.com/S/SSNLF\">Samsung Electronics</a>And the name of GlobalFoundries, and these three companies are the owners that currently occupy the top three positions in the global chip foundry field. According to data from market research organization Top Industry Research Institute, in the global wafer foundry field, TSMC's market share in the second quarter of 2019 was 49.2%, followed by Samsung with 18.0% share and Grofond with 8.7%.</p><p>According to public information, GlobalFoundries was established in March 2009. Its predecessor was the wafer fab of AMD, Intel's old rival in the US domestic market. Due to years of losses, it was finally sold by AMD. It was established after capital injection by Abu Dhabi Venture Capital Fund (ATIC), specializing in chip foundry business.</p><p>However, in recent years, due to the unsmooth research and development of advanced manufacturing processes, GlobalFoundries has gradually lost in the competition with TSMC and Samsung, and its market share has declined again and again, which has directly led to the shrinkage of its revenue and profit scale, making it even more insufficient funds to invest in the arms race of the chip manufacturing process, thus forming an a vicious circle.</p><p>According to Luo Guozhao, director of the China Laboratory of the CHIP Global Testing Center, although Intel has encountered difficulties in recent years, its stable financial performance is still at the level of a giant; On the other hand, although it is equally weak in cutting-edge manufacturing processes, GlobalFoundries has a stable production capacity supply above 10 nanometers and a market share of nearly 8%.</p><p>In addition, the reporter noticed that in terms of macro policy, at the end of March this year, the U.S. official announced a round of US $50 billion local revitalization plan for the semiconductor industry to invest in chip manufacturing and research and development and accelerate the return of the manufacturing supply chain to the United States. Luo Guozhao said that under this policy, no company with an American background is more suitable for Intel than GlobalFoundries, and if Intel completes the acquisition and starts OEM, it will undoubtedly receive more subsidies from the US $50 billion.</p><p>Ji Wei, a senior semiconductor analyst from Taiwan, also told reporters that through the acquisition of Intel, the United States can have more capital to put pressure on TSMC, thereby forcing TSMC to increase investment in the United States.</p><p>All the above practical factors, Intel, which intends to complete its rise in the foundry field, and GlobalFoundries, which needs to be replenished by funds, can get each other's needs in the transaction, which may be the main reason for the acquisition scandal.</p><p>\"If Intel offers a reasonable price, it's hard to say that the major shareholders in the Middle East will definitely refuse.\" Luo Guozhao said that GlobalFoundries' own will is one thing, but the decision on whether to sell is not in its hands. Therefore, the possibility of acquisition is still high, and at this stage, it will be a win-win decision for both parties.</p><p><b>Catching up with Samsung and TSMC</b></p><p>With the implementation of IDM2.0 strategy, Intel's goal of catching up has become clearer and clearer. If it can successfully capture GlobalFoundries' market share, Intel will have only two rivals ahead, Samsung and TSMC.</p><p>According to the reporter's understanding, although Intel's 7nm has not yet been launched, and Samsung and TSMC have announced that they will enter the 3nm process within the year, in practice, the performance of a chip depends on the number of transistors, so the lower the process technology, the more advanced it is. Because it can accommodate more transistors per unit area. Public information shows that the transistor density of TSMC's 5nm chip is about 173 million units/mm2, the transistor density of Samsung's 3nm chip is about 170 million units/mm2, and the transistor density of Intel's planned 7nm chip has reached 180 million units/mm2 millimeter.</p><p>This also means that although it lags behind two generations of manufacturing processes, the gap between Intel and Samsung and TSMC in terms of technology is much smaller than expected. Once the 7nm technology matures, Intel will also have the strength to surpass Samsung and catch up with TSMC.</p><p>It is particularly noteworthy that the latest financial report for the second quarter of 2021 shows that although TSMC's revenue growth has reached a new high, its profit is slightly worse than expected, and the estimated gross profit margin in the third quarter is not as expected.</p><p>In contrast to the delicate situation, Kissinger also said in an interview with the media a few days ago that Intel will take two years to catch up with TSMC. However, Luo Guozhao believes that Intel will not be TSMC's opponent in the short term. After all, TSMC's 3nm process is still far ahead, and catching up in the manufacturing process is not an overnight achievement. This is why Intel chose to cooperate with TSMC.</p><p>According to TSMC CEO Wei Zhejia, compared with the 5-nanometer process, the 3-nanometer process will increase transistor density by 70%, and mass production may begin in the second half of next year. Foreign media quoted sources as saying,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>And Intel will be the main customers of this production line.</p><p>In Ji Wei's view, Intel still has many problems to solve before surpassing TSMC. Even if it tries to advance the acquisition of GlobalFoundries, if we look at it from the perspective of acquisition resistance, GlobalFoundries has not been in good condition in recent years. In terms of influence, was<a href=\"https://laohu8.com/S/SMI\">SMIC</a>With<a href=\"https://laohu8.com/S/UMC\">UMC</a>Gradually widening the gap cannot shake TSMC. \"GlobalFoundries is still losing money at present. At this time, the acquisition will put some pressure on the financial statements. If Intel really wants to acquire GlobalFoundries, it may have sufficient reasons to convince investors to agree.\" Ji Wei said.</p>","source":"tencent","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>Behind the rumors of acquisition of GlobalFoundries: Intel's chip manufacturing ambitions revealed</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\">\nBehind the rumors of acquisition of GlobalFoundries: Intel's chip manufacturing ambitions revealed\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">中国经营报</strong><span class=\"h-time small\">2021-07-24 10:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A merger and acquisition plan that may be the largest in the global semiconductor industry in recent years has surfaced recently. On July 17, according to the Wall Street Journal citing people familiar with the matter,<a href=\"https://laohu8.com/S/INTC\">Intel</a>It is studying the acquisition of GlobalFoundries (often referred to as \"GlobalFoundries\" in the industry) for US $30 billion (approximately RMB 194 billion), which was once a partner with<a href=\"https://laohu8.com/S/TSM\">TSMC</a>The equally famous global chip manufacturing giant, if this deal goes through, will become Intel's largest acquisition in history.</p><p>However, the rumor was quickly denied by Grofond. On July 19, the CEO of GlobalFoundries stated that the news of negotiating an acquisition with Intel was just speculation, and denied that there had been any acquisition discussions with the former, but would continue to seek to achieve listing through IPO. In this regard, the reporter of China Business News interviewed the person in charge of Intel China, but the other party said that he would not respond to this topic.</p><p>Although this official response quickly cooled the public opinion about this shocking deal that may shake the industry, there is more and more evidence that Intel hopes to make a difference in the field of chip manufacturing. Recently, the British \"Financial Times\" quoted Intel's official statement as confirming that the company is planning to invest US $20 billion (approximately RMB 129.6 billion) to build chip factories in multiple EU member states. The company is currently lobbying to obtain EU support.</p><p>As one of the few leading companies in the global semiconductor industry that has retained its chip manufacturing department, Intel has begun to lag behind TSMC, whose core business is chip manufacturing foundry, in recent years, especially in terms of advanced manufacturing processes. Intel's 7 The nanometer process has not made progress. TSMC recently announced in its quarterly financial report that it has earned 10% of its revenue for nearly three quarters through the 5-nanometer process, and will also trial-produce the 3-nanometer process in the third quarter of this year.</p><p>Under such a gap, whether Intel can finally succeed in the acquisition of GlobalFoundries does not seem to affect the outside world's judgment that it will strive to return to the advanced camp of chip manufacturing, and the competitive landscape of the entire global semiconductor manufacturing field may also be Marked by the rumored incident of Intel's acquisition of GlobalFoundries, it has quietly entered a new trend.</p><p><b>The probability of acquisition remains high</b></p><p>Behind Intel's recent actions, Pat Gelsinger (Pat Gelsinger) is regarded as the central role in promoting this round of decision-making. He officially succeeded his predecessor Bob Swan (Bob Swan) as the company's CEO in February this year. According to the Wall Street Journal, the reason Bob Swan was out is that he fell behind his main competitors because he failed to advance advanced manufacturing processes<a href=\"https://laohu8.com/S/AMD\">AMD</a>Related to.</p><p>Therefore, less than a month after taking office, Kissinger made a high-profile announcement of Intel's \"IDM2.0\" vision. Among them, IDM refers to a semiconductor company covering all aspects from design to manufacturing. Since chip manufacturing requires extremely high capital investment in technology research and development, only a few giant companies have the strength to assume this role. In the field of semiconductor manufacturing, currently only Intel,<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>A few companies pursue the IDM model, while others adopt full-time foundry models such as TSMC.</p><p>In this newly drawn IDM2.0 blueprint, the foundry business has also become Intel's most important future strategy. Kissinger said in his speech that Intel plans to become the main foundry capacity supplier in the United States and Europe, providing services to global customers. To this end, Intel will invest $20 billion to build two new factories in Arizona, open an independent foundry department and cooperate with third-party foundries.</p><p>It is worth noting that when announcing the cooperation list, Kissinger directly pointed out TSMC,<a href=\"https://laohu8.com/S/SSNLF\">Samsung Electronics</a>And the name of GlobalFoundries, and these three companies are the owners that currently occupy the top three positions in the global chip foundry field. According to data from market research organization Top Industry Research Institute, in the global wafer foundry field, TSMC's market share in the second quarter of 2019 was 49.2%, followed by Samsung with 18.0% share and Grofond with 8.7%.</p><p>According to public information, GlobalFoundries was established in March 2009. Its predecessor was the wafer fab of AMD, Intel's old rival in the US domestic market. Due to years of losses, it was finally sold by AMD. It was established after capital injection by Abu Dhabi Venture Capital Fund (ATIC), specializing in chip foundry business.</p><p>However, in recent years, due to the unsmooth research and development of advanced manufacturing processes, GlobalFoundries has gradually lost in the competition with TSMC and Samsung, and its market share has declined again and again, which has directly led to the shrinkage of its revenue and profit scale, making it even more insufficient funds to invest in the arms race of the chip manufacturing process, thus forming an a vicious circle.</p><p>According to Luo Guozhao, director of the China Laboratory of the CHIP Global Testing Center, although Intel has encountered difficulties in recent years, its stable financial performance is still at the level of a giant; On the other hand, although it is equally weak in cutting-edge manufacturing processes, GlobalFoundries has a stable production capacity supply above 10 nanometers and a market share of nearly 8%.</p><p>In addition, the reporter noticed that in terms of macro policy, at the end of March this year, the U.S. official announced a round of US $50 billion local revitalization plan for the semiconductor industry to invest in chip manufacturing and research and development and accelerate the return of the manufacturing supply chain to the United States. Luo Guozhao said that under this policy, no company with an American background is more suitable for Intel than GlobalFoundries, and if Intel completes the acquisition and starts OEM, it will undoubtedly receive more subsidies from the US $50 billion.</p><p>Ji Wei, a senior semiconductor analyst from Taiwan, also told reporters that through the acquisition of Intel, the United States can have more capital to put pressure on TSMC, thereby forcing TSMC to increase investment in the United States.</p><p>All the above practical factors, Intel, which intends to complete its rise in the foundry field, and GlobalFoundries, which needs to be replenished by funds, can get each other's needs in the transaction, which may be the main reason for the acquisition scandal.</p><p>\"If Intel offers a reasonable price, it's hard to say that the major shareholders in the Middle East will definitely refuse.\" Luo Guozhao said that GlobalFoundries' own will is one thing, but the decision on whether to sell is not in its hands. Therefore, the possibility of acquisition is still high, and at this stage, it will be a win-win decision for both parties.</p><p><b>Catching up with Samsung and TSMC</b></p><p>With the implementation of IDM2.0 strategy, Intel's goal of catching up has become clearer and clearer. If it can successfully capture GlobalFoundries' market share, Intel will have only two rivals ahead, Samsung and TSMC.</p><p>According to the reporter's understanding, although Intel's 7nm has not yet been launched, and Samsung and TSMC have announced that they will enter the 3nm process within the year, in practice, the performance of a chip depends on the number of transistors, so the lower the process technology, the more advanced it is. Because it can accommodate more transistors per unit area. Public information shows that the transistor density of TSMC's 5nm chip is about 173 million units/mm2, the transistor density of Samsung's 3nm chip is about 170 million units/mm2, and the transistor density of Intel's planned 7nm chip has reached 180 million units/mm2 millimeter.</p><p>This also means that although it lags behind two generations of manufacturing processes, the gap between Intel and Samsung and TSMC in terms of technology is much smaller than expected. Once the 7nm technology matures, Intel will also have the strength to surpass Samsung and catch up with TSMC.</p><p>It is particularly noteworthy that the latest financial report for the second quarter of 2021 shows that although TSMC's revenue growth has reached a new high, its profit is slightly worse than expected, and the estimated gross profit margin in the third quarter is not as expected.</p><p>In contrast to the delicate situation, Kissinger also said in an interview with the media a few days ago that Intel will take two years to catch up with TSMC. However, Luo Guozhao believes that Intel will not be TSMC's opponent in the short term. After all, TSMC's 3nm process is still far ahead, and catching up in the manufacturing process is not an overnight achievement. This is why Intel chose to cooperate with TSMC.</p><p>According to TSMC CEO Wei Zhejia, compared with the 5-nanometer process, the 3-nanometer process will increase transistor density by 70%, and mass production may begin in the second half of next year. Foreign media quoted sources as saying,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>And Intel will be the main customers of this production line.</p><p>In Ji Wei's view, Intel still has many problems to solve before surpassing TSMC. Even if it tries to advance the acquisition of GlobalFoundries, if we look at it from the perspective of acquisition resistance, GlobalFoundries has not been in good condition in recent years. In terms of influence, was<a href=\"https://laohu8.com/S/SMI\">SMIC</a>With<a href=\"https://laohu8.com/S/UMC\">UMC</a>Gradually widening the gap cannot shake TSMC. \"GlobalFoundries is still losing money at present. At this time, the acquisition will put some pressure on the financial statements. If Intel really wants to acquire GlobalFoundries, it may have sufficient reasons to convince investors to agree.\" Ji Wei said.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021072410404779d73bc6&s=b\">中国经营报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/03e38a3a3c63bd5a9d8d8ca2d384d1c5","relate_stocks":{"159813":"芯片","INTC":"英特尔","03086":"华夏纳指","09086":"华夏纳指-U"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021072410404779d73bc6&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2153133933","content_text":"一桩也许是近年来全球半导体业内最大的并购计划日前浮出水面。7月17日，据《华尔街日报》援引知情人士透露，英特尔正在研究以300亿美元（约合人民币1940亿元）的价格收购格罗方德（业界常简称为“格芯”），后者曾是与台积电齐名的全球芯片制造巨头，如果该笔交易成行，将成为英特尔有史以来最大的一笔收购。\n不过，传闻很快遭到格罗方德否认。7月19日，格罗方德CEO出面表示，与英特尔洽谈收购的消息只是推测而已，并否认与前者展开过收购方面的讨论，而是会继续寻求通过IPO方式实现上市。对此，《中国经营报》记者采访了英特尔中国区负责人，但对方表示对此话题不作回应。\n这一官方回应虽然迅速冷却了这笔有可能震动业界的惊天交易的舆论热度，但已有越来越多的证据显示，英特尔期冀在芯片制造领域有所作为。近日，英国《金融时报》引述英特尔官方说法证实，该公司正在计划投资200亿美元（约合人民币1296亿元）在多个欧盟成员国建造芯片工厂，目前该公司正在进行游说工作，以获得欧盟方面的支持。\n作为目前全球半导体产业中为数不多保留了芯片制造部门的龙头公司，英特尔近年来却在造芯环节开始落后于以芯片制造代工为核心业务的台积电，尤其是在先进制程方面，英特尔的7纳米工艺迟迟没有进展，台积电日前则在季度财报上宣布已通过5纳米工艺赚取了近三个季度10%的营收，同时还将在今年三季度试产3纳米工艺。\n如此差距之下，英特尔能否在收购格芯的进程中最终得手，似乎都已不影响外界对其将奋力重回芯片制造先进阵营的判断，而整个全球半导体制造领域的竞争格局，或也将以此次英特尔收购格芯传闻事件为标志，悄然进入新的态势。\n收购概率依然很高\n在英特尔近期连番动作背后，帕特·基辛格（Pat Gelsinger）被视为推动该轮决策的核心角色，他在今年2月正式接替了前任鲍勃·斯旺（Bob Swan）出任该公司的CEO。而据《华尔街日报》报道，鲍勃·斯旺出局的原因，正与其在推进先进制程方面不力导致落后主要竞争对手AMD有关。\n因此，履新不到一个月后，基辛格便高调对外宣布了英特尔的“IDM2.0”愿景。其中，IDM意指涵盖从设计到制造所有环节的半导体公司，由于芯片制造需要极高的资本投入技术研发，因此只有极少数巨头公司才有这一实力承担这一角色。在半导体制造领域，目前全球只有英特尔、三星等少数几家公司奉行IDM模式，其他则都采用台积电一类的专职代工模式。\n而在这张新绘制的IDM2.0蓝图中，代工业务也成为英特尔最重要的未来战略，基辛格在演讲中表示，英特尔计划成为美国和欧洲的主要代工产能供应商，为全球客户提供服务。为此，英特尔将投资200亿美元在亚利桑那州新建两家工厂、开设独立代工事务部门以及与第三方代工厂商进行合作。\n值得注意的是，在宣布合作名单时，基辛格直接点出了台积电、三星电子以及格罗方德的名字，而这三家企业正是占据目前全球芯片代工领域前三把交椅的主人。市场调研机构拓墣产业研究院数据显示，在全球晶圆代工领域，2019年第二季度台积电的市场份额为49.2%，紧随其后的为拥有18.0%份额的三星和8.7%的格罗方德。\n公开信息显示，格罗方德成立于2009年3月，其前身是英特尔在美国本土市场的老对手AMD的晶圆厂，因为连年亏损，最终被AMD脱手，经阿联酋阿布扎比创投基金 (ATIC) 注资后成立，专营芯片代工业务。\n但近年来，由于先进制程研发的进程并不顺利，格罗方德在与台积电、三星的竞争中逐渐败下阵来，市场份额一再下降，这也直接导致了其营收与利润规模的萎缩，使其更无足够的资金投入到芯片制程的军备竞赛上，从而形成恶性循环。\n在CHIP全球测试中心中国实验室主任罗国昭看来，英特尔虽然近年来遭遇困境，但稳定的财务表现仍是巨头级别；另一方面，虽然在尖端制程上同样乏力，但格罗方德在10纳米以上有稳定的产能供应与近8%的市场份额。\n此外，记者注意到，宏观政策上，今年3月底，美国官方公布了一轮规模达500亿美元的半导体产业本土振兴计划，用以投入芯片制造与研发，加速制造供应链重返美国。罗国昭表示，在这一政策下，没有比格罗方德这一美国背景的公司更适合英特尔，而英特尔如果完成收购并发力代工，无疑也能从500亿美元中获得更多的补贴。\n来自中国台湾的半导体资深分析师季维也向记者表示，美国透过英特尔这一收购案，能拥有更多向台积电施压的资本，以此逼迫台积电加大在美国的投资。\n以上种种现实因素，意欲在代工领域完成崛起的英特尔，以及需要资金补充的格罗方德，双方能够在交易中互取所需，这或许是收购绯闻传出的主要原因。\n“各取所需下，如果英特尔给出一个合理的价格，很难说中东的大股东就一定会拒绝。”罗国昭表示，格罗方德自身的意愿是一回事，但是否出售的决定权并不在其手中。因此，收购的可能性依然很高，而且在现阶段而言，这对双方都会是一个双赢的决定。\n赶超三星、台积电\n随着IDM2.0战略的践行，英特尔发力追赶的目标也已越来越清晰。如果能够成功吃下格罗方德的市场份额，英特尔前方将会只剩下三星与台积电两个对手。\n据记者了解，虽然目前英特尔的7纳米尚未推出，而三星、台积电均已宣布年内进军3纳米制程，但在实际中，一款芯片的性能取决于晶体管的数量，所以制程工艺越低越先进，因为单位面积内能容纳更多数量的晶体管。而公开信息显示，台积电5纳米芯片晶体管密度约为1.73亿颗/平方毫米，三星3纳米芯片晶体管密度约为1.7亿颗/平方毫米，英特尔规划中的7纳米芯片则达到了1.8亿颗/平方毫米。\n这也意味着，虽然落后两代制程，但英特尔在工艺方面与三星、台积电的差距比想象中要小得多，一旦7纳米技术成熟，英特尔也将有超越三星直追台积电的实力。\n尤其值得注意的是，最新的2021年二季度财报显示，虽然台积电营收增长再创新高，但获利略逊于预期，第三季预估的毛利率也不如预期。\n微妙的形势对比下，基辛格也在日前接受媒体采访时表示，英特尔将花两年时间赶上台积电。不过，罗国昭认为，短期内英特尔还不会是台积电的对手，毕竟台积电的3纳米工艺还是遥遥领先，而且制程方面的赶超不是朝夕之功，这也是英特尔选择与台积电合作的原因。\n据台积电CEO魏哲家此前透露，同5纳米工艺相比，3纳米工艺将使晶体管密度提升70%，并可能在明年下半年开始量产。外媒援引消息人士透露，苹果与英特尔将会是这一产线的主要客户。\n而在季维看来，在超过台积电之前，英特尔要解决的问题还有很多，即使其试图推进收购格罗方德，如果从收购阻力层面观察，格罗方德这几年的状况欠佳，在影响力上，被中芯国际与联电逐渐拉开差距，更无法撼动台积电。“格罗方德目前也还存在亏损，此时收购会在财务报表上造成一些压力，英特尔若真要收购格罗方德，可能要有充分的理由说服投资人同意。”季维表示。","news_type":1,"symbols_score_info":{"159813":0.9,"INTC":0.9,"03086":0.9,"09086":0.9}},"isVote":1,"tweetType":1,"viewCount":2313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178371206,"gmtCreate":1626789824105,"gmtModify":1703765264612,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178371206","repostId":"1195550175","repostType":4,"repost":{"id":"1195550175","kind":"news","weMediaInfo":{"introduction":"全球第五大财经门户网站Investing.com中国官方微信，提供全球各国海量金融资讯和实时行情数据，包括股票股指、外汇、期货、基金、债券、加密货币等。关注全球金融市场动态的投资者千万不可错过。","home_visible":1,"media_name":"英为财情Investing","id":"92","head_image":"https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313"},"pubTimestamp":1626782161,"share":"https://ttm.financial/m/news/1195550175?lang=en_US&edition=fundamental","pubTime":"2021-07-20 19:56","market":"us","language":"zh","title":"U.S. stocks plummeting or a round of travel? The fun is yet to come","url":"https://stock-news.laohu8.com/highlight/detail?id=1195550175","media":"英为财情Investing","summary":"周一，因新冠病例激增引发了市场对全球经济的担忧，欧美股市惨遭大范围抛售，投资者担心或将再次实施停摆措施，这将令经济复苏将放缓。\n全球新冠病例激增\n根据路透的一项数据分析，过去30天里，因每日平均住院人","content":"<p>European and American stock markets suffered a widespread sell-off on Monday as a surge in new crown cases triggered market concerns about the global economy. Investors worried that another shutdown measures might be implemented, which would slow down the economic recovery.</p><p><b>Covid cases surge worldwide</b></p><p>According to a Reuters data analysis, the average daily number of new COVID-19 cases in the United States has tripled in the past 30 days as the average daily number of hospitalizations has increased 21% from 16,000 to more than 19,000. Last week's death toll was 25% higher than the previous seven days, with an average of 250 deaths per day.</p><p>The epidemic situation in Europe is also not optimistic. France announced the fourth round of epidemic situation on the 19th, and the infection rate in Germany has risen for the 11th consecutive day.</p><p>In addition to China, the epidemic situation in Myanmar, Indonesia, India and other countries in Asia is also worsening.</p><p><b>Global stock markets were shocked for a night</b></p><p>With the outbreak of the pandemic, the market was doubtful about the economic recovery in the second half of the year, and the stock market sold off. The US Nasdaq Composite Index fell 1.06%; The U.S. S&P 500 index fell 1.59%, and the S&P 500 index and Nasdaq index recorded their biggest declines since mid-May; The Dow Jones Industrial Average fell 2.09%, its biggest drop since October last year.</p><p>European stock markets generally fell by more than 2%, and the pan-European Stoxx 600 index closed down for four consecutive trading days, down 2.3%; France's CAC40 index fell 2.54%; The UK FTSE 100 index fell 2.34%; Germany's DAX30 index fell 2.62%.</p><p>For a time, market panic heated up sharply. The VIX panic index once soared to 25.09, a new high in two months. It fell slightly in late trading and finally closed up 21.95%. Investors have turned to safe-haven assets. The ten-year U.S. Treasury Bond was snapped up, and the yield plummeted 4.86% to 1.207%.</p><p><img src=\"https://static.tigerbbs.com/fddc0b0ea75f0f82442b924cf9ca267c\" tg-width=\"1269\" tg-height=\"603\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">VIX Hourly Chart, Source: Investing.com</p><p><b>Is the U.S. stock bull market over?</b></p><p>Recently, we have repeatedly mentioned the risk of a correction in U.S. stocks. For details, please refer to \"Don't be blindly optimistic anymore, Wall Street has begun to secretly short U.S. stocks\", \"The plunge in U.S. bond yields suggests that U.S. stocks are imminent?\", \"U.S. stocks may plummet 50%!\" Etc. We have always emphasized that U.S. stocks face two major risks, one is the threat of the Delta variant virus, and the other is the tightening of monetary policy by the Federal Reserve.</p><p>The change of the epidemic is always an unknown factor. The spread of the mutant virus may burn the previous efforts made by various countries at any time. However, it is impossible for countries to maintain economic blockades for a long time, which is not good for the economy, so we can only wait for the vaccination rate. After the increase, I believe the epidemic situation will gradually improve. However, to a certain extent, after last night's plunge, the market has digested the impact of the epidemic, and U.S. stocks may even rebound tonight.</p><p>Although the impact of the epidemic may weaken, can the degree of economic recovery in the United States support such a high stock price?</p><p>According to the report of the U.S. Business Cycle Measurement Committee, after the epidemic began, about 22 million people in the United States lost their jobs, but 2.8 million people returned to work in May 2020, and about 15 million people returned to work the following year.</p><p>At present, the second-quarter earnings season in the United States is underway, and 41 of the S&P 500 companies have already announced their earnings reports. 90% of them beat average analyst estimates, according to Refinitiv data. Analysts now expect the earnings of S&P 500 companies to increase by 72% year-on-year in the April-June quarter, much higher than the 54% forecast at the beginning of the quarter. If it is consistent with expectations, the company's performance can support the current stock price to a certain extent.</p><p>As for the Federal Reserve, it has previously claimed that inflation is temporary and will maintain its current policy unchanged. We all know that the Federal Reserve's rate hike or tightening of monetary policy will have an impact on the U.S. stock market. At present, the more dovish Federal Reserve is beneficial to the stock market. If the epidemic gets out of control, the Fed will only be more loose, so the Fed's factors can be ignored for the time being.</p><p>But in the medium and long term, the Federal Reserve will always embark on the path of normalizing monetary policy. rate hike and tapering bond purchases are imperative, which is always a hidden danger to U.S. stocks.</p><p><b>Are US stocks overvalued?</b></p><p>We can make a comparison between US stocks and A shares. The current average P/E of the Dow Jones Industrial Average is 29 times, and the price-to-book ratio is 6.7 times; The P/E of the S&P 500 is 32 times and the price-to-book ratio is 4.6 times; The Nasdaq has a P/E of 48 x and a price-to-book ratio of 6.1 x. Compared with P/E of Shanghai Composite Index, which is 14 times, and its price-to-book ratio is 1.5 times, P/E of Hong Kong Hang Seng Index is only 13 times, and its price-to-book ratio is only 1.2 times.</p><p>It can be seen that to a certain extent, the valuation of U.S. stocks is already very high, especially the Nasdaq index, while the valuation of our Shanghai Composite Index is low, which is a value depression.</p><p>Although the financial report of the United States is relatively bright for the time being, and although the economic recovery of the United States looks beautiful, everything will be marked with a big question mark with the rate hike of the Federal Reserve in the distance and the Delta virus in the near 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>U.S. stocks plummeting or a round of travel? The fun is yet to come</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 plummeting or a round of travel? The fun is yet to come\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/92\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">英为财情Investing </p>\n<p class=\"h-time smaller\">2021-07-20 19:56</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>European and American stock markets suffered a widespread sell-off on Monday as a surge in new crown cases triggered market concerns about the global economy. Investors worried that another shutdown measures might be implemented, which would slow down the economic recovery.</p><p><b>Covid cases surge worldwide</b></p><p>According to a Reuters data analysis, the average daily number of new COVID-19 cases in the United States has tripled in the past 30 days as the average daily number of hospitalizations has increased 21% from 16,000 to more than 19,000. Last week's death toll was 25% higher than the previous seven days, with an average of 250 deaths per day.</p><p>The epidemic situation in Europe is also not optimistic. France announced the fourth round of epidemic situation on the 19th, and the infection rate in Germany has risen for the 11th consecutive day.</p><p>In addition to China, the epidemic situation in Myanmar, Indonesia, India and other countries in Asia is also worsening.</p><p><b>Global stock markets were shocked for a night</b></p><p>With the outbreak of the pandemic, the market was doubtful about the economic recovery in the second half of the year, and the stock market sold off. The US Nasdaq Composite Index fell 1.06%; The U.S. S&P 500 index fell 1.59%, and the S&P 500 index and Nasdaq index recorded their biggest declines since mid-May; The Dow Jones Industrial Average fell 2.09%, its biggest drop since October last year.</p><p>European stock markets generally fell by more than 2%, and the pan-European Stoxx 600 index closed down for four consecutive trading days, down 2.3%; France's CAC40 index fell 2.54%; The UK FTSE 100 index fell 2.34%; Germany's DAX30 index fell 2.62%.</p><p>For a time, market panic heated up sharply. The VIX panic index once soared to 25.09, a new high in two months. It fell slightly in late trading and finally closed up 21.95%. Investors have turned to safe-haven assets. The ten-year U.S. Treasury Bond was snapped up, and the yield plummeted 4.86% to 1.207%.</p><p><img src=\"https://static.tigerbbs.com/fddc0b0ea75f0f82442b924cf9ca267c\" tg-width=\"1269\" tg-height=\"603\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">VIX Hourly Chart, Source: Investing.com</p><p><b>Is the U.S. stock bull market over?</b></p><p>Recently, we have repeatedly mentioned the risk of a correction in U.S. stocks. For details, please refer to \"Don't be blindly optimistic anymore, Wall Street has begun to secretly short U.S. stocks\", \"The plunge in U.S. bond yields suggests that U.S. stocks are imminent?\", \"U.S. stocks may plummet 50%!\" Etc. We have always emphasized that U.S. stocks face two major risks, one is the threat of the Delta variant virus, and the other is the tightening of monetary policy by the Federal Reserve.</p><p>The change of the epidemic is always an unknown factor. The spread of the mutant virus may burn the previous efforts made by various countries at any time. However, it is impossible for countries to maintain economic blockades for a long time, which is not good for the economy, so we can only wait for the vaccination rate. After the increase, I believe the epidemic situation will gradually improve. However, to a certain extent, after last night's plunge, the market has digested the impact of the epidemic, and U.S. stocks may even rebound tonight.</p><p>Although the impact of the epidemic may weaken, can the degree of economic recovery in the United States support such a high stock price?</p><p>According to the report of the U.S. Business Cycle Measurement Committee, after the epidemic began, about 22 million people in the United States lost their jobs, but 2.8 million people returned to work in May 2020, and about 15 million people returned to work the following year.</p><p>At present, the second-quarter earnings season in the United States is underway, and 41 of the S&P 500 companies have already announced their earnings reports. 90% of them beat average analyst estimates, according to Refinitiv data. Analysts now expect the earnings of S&P 500 companies to increase by 72% year-on-year in the April-June quarter, much higher than the 54% forecast at the beginning of the quarter. If it is consistent with expectations, the company's performance can support the current stock price to a certain extent.</p><p>As for the Federal Reserve, it has previously claimed that inflation is temporary and will maintain its current policy unchanged. We all know that the Federal Reserve's rate hike or tightening of monetary policy will have an impact on the U.S. stock market. At present, the more dovish Federal Reserve is beneficial to the stock market. If the epidemic gets out of control, the Fed will only be more loose, so the Fed's factors can be ignored for the time being.</p><p>But in the medium and long term, the Federal Reserve will always embark on the path of normalizing monetary policy. rate hike and tapering bond purchases are imperative, which is always a hidden danger to U.S. stocks.</p><p><b>Are US stocks overvalued?</b></p><p>We can make a comparison between US stocks and A shares. The current average P/E of the Dow Jones Industrial Average is 29 times, and the price-to-book ratio is 6.7 times; The P/E of the S&P 500 is 32 times and the price-to-book ratio is 4.6 times; The Nasdaq has a P/E of 48 x and a price-to-book ratio of 6.1 x. Compared with P/E of Shanghai Composite Index, which is 14 times, and its price-to-book ratio is 1.5 times, P/E of Hong Kong Hang Seng Index is only 13 times, and its price-to-book ratio is only 1.2 times.</p><p>It can be seen that to a certain extent, the valuation of U.S. stocks is already very high, especially the Nasdaq index, while the valuation of our Shanghai Composite Index is low, which is a value depression.</p><p>Although the financial report of the United States is relatively bright for the time being, and although the economic recovery of the United States looks beautiful, everything will be marked with a big question mark with the rate hike of the Federal Reserve in the distance and the Delta virus in the near future.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/96819b78df36696eeccbf03ebd7c466d","relate_stocks":{".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195550175","content_text":"周一，因新冠病例激增引发了市场对全球经济的担忧，欧美股市惨遭大范围抛售，投资者担心或将再次实施停摆措施，这将令经济复苏将放缓。\n全球新冠病例激增\n根据路透的一项数据分析，过去30天里，因每日平均住院人数从1.6万人增加了21%，达到逾1.9万人，美国平均每天的新增新冠病例数增加了两倍。上周的死亡人数比前七天增加了25%，平均每天有250人死亡。\n欧洲疫情也很不乐观，法国19日宣布进入第四轮疫情，德国感染率已连续第11天出现上升。\n亚洲除中国外，缅甸、印尼、印度等国家疫情也在进一步恶化。\n全球股市惊魂一夜\n随着疫情的爆发，市场对下半年经济复苏存疑，股市遭到抛售。美国纳斯达克综合指数指数下跌1.06%；美国标准普尔500指数下跌1.59%，标普500指数和纳斯达克指数录得5月中以来最大跌幅；道琼斯工业平均指数下跌2.09%，创去年10月以来最大跌幅。\n欧洲股市更是普遍下跌2%以上，泛欧斯托克600指数连续四个交易日收跌，下跌2.3%；法国CAC40指数下跌2.54%；英国富时100指数跌2.34%；德国DAX30指数跌2.62%。\n一时间，市场恐慌情绪急剧升温，VIX恐慌指数一度冲高至25.09，创两个月来新高，尾盘稍有回落，最终收涨21.95%。投资者纷纷转向避险资产。美国十年期国债遭到疯抢，收益率大跌4.86%，至1.207%。\nVIX小时图，来源：Investing.com\n美股牛市是否终结？\n近期，我们多次提及美股有回调的风险，详情可以参看“不要再盲目乐观了，华尔街已经开始偷偷做空美股了”、“美债收益率暴跌暗示美股崩盘在即？”、“美股或将暴跌50%！”等。我们一直强调美股面临着两大风险，其一为Delta变种病毒的威胁，其二为美联储缩紧货币政策。\n疫情的变化始终是一个未知的因素，变种病毒的传播随时可能将之前各国所做的努力付之一炬，但是各国又不可能长期的保持经济封锁，这对经济也不利，所以只有等待疫苗接种率的提升后，相信疫情会逐步好转。不过，一定程度上讲，经过昨晚的一轮暴跌后，市场对疫情的影响已经有所消化，今晚美股甚至可能出现反弹。\n虽然疫情的影响可能会减弱，但是美国的经济复苏程度支撑的起如此高昂的股价吗？\n据美国商业周期测定委员会报告显示，疫情开始后，美国约有2200万人失业，但是在2020年5月就有280万人重返工作岗位，在接下来的一年里约有1,500万人恢复了工作。\n目前美国第二季财报季正在进行中，标普500指数成份股企业中有41家已经公布财报。根据路孚特数据，其中90%超出了分析师的平均预期。分析师现在预计，标普500指数成分股企业4-6月季度的盈利料同比增长72%，大大高于季度初预测的54%。假如与预期一致的话，企业的业绩一定程度上是可以支撑目前的股价。\n至于美联储方面，此前一直宣称通胀是暂时的，将维持目前的政策不变。我们都知道，美联储加息或者缩紧货币政策将对美国股市造成冲击，目前较为鸽派的美联储是对股市有利的。假如疫情失控的话，美联储只会更加的宽松，所以暂时可以不考虑美联储的因素。\n但是中长期来讲，美联储始终会走上货币政策正常化的道路，加息和缩减购债是势在必行的，这对美股始终是一个隐患。\n美股高估了吗？\n我们可以用美股和A股做一个比较。目前道琼斯工业指数的平均市盈率为29倍，市净率为6.7倍；标普500指数的市盈率为32倍，市净率为4.6倍；纳斯达克的市盈率为48倍，市净率为6.1倍。而对比上证指数的市盈率为14倍，市净率为1.5倍，香港恒生指数的市盈率更是只有13倍，市净率仅为1.2倍。\n由此可见，一定程度上美股的估值已经是非常高了，特别是纳斯达克指数，而我们的上证指数估值较低，属于价值洼地。\n虽然美国的财报暂时比较亮眼，虽然美国的经济复苏看起来很美，但是在远有美联储加息虎视眈眈，近有Delta病毒环伺之下，所有的一切都将打上大大的问号。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178373945,"gmtCreate":1626789759687,"gmtModify":1703765262656,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"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/178373945","repostId":"2152695265","repostType":4,"isVote":1,"tweetType":1,"viewCount":1558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121795530,"gmtCreate":1624491877320,"gmtModify":1703838080226,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121795530","repostId":"2145136560","repostType":4,"repost":{"id":"2145136560","kind":"highlight","pubTimestamp":1624471016,"share":"https://ttm.financial/m/news/2145136560?lang=en_US&edition=fundamental","pubTime":"2021-06-24 01:56","market":"hk","language":"zh","title":"Bitcoin fell below key technical levels, and Sister Wood bought Grayscale Trust and Coinbase at the bottom","url":"https://stock-news.laohu8.com/highlight/detail?id=2145136560","media":"华尔街见闻","summary":"别人恐惧时她又双叒贪婪了！Ark系列ETF昨日增持近21.5万股Coinbase和100万股灰度比特币信托，持有Coinbase总价值逾10亿美元，持有灰度信托共850万股成相关持仓最大ETF。从交投逻辑可知，Ark投资主要利用市场下跌而抄底。","content":"<p>When the Bitcoin fell below $29,000 on Tuesday and once erased all gains this year, Cathie Wood's Ark Invest series ETFs, known as the \"Queen of the Bull Market\", were aggressively buying Grayscale Bitcoin Trust and Coinbase stocks.</p><p>According to the data, Ark's flagship fund, Innovation ETF (trading symbol ARKK), took advantage of yesterday's downturn in Bitcoin and related stocks to increase its holdings of nearly 215,000 shares of Coinbase, the world's largest digital currency exchange.</p><p>At the same time, the Ark Next Generation Internet ETF (trading symbol ARKW) increased its holdings of an additional 1 million shares of Grayscale Bitcoin Trust (trading symbol GBTC), worth approximately US $29.3 million. The latter is the world's largest Bitcoin trust.</p><p>This pushed the total number of Coinbase shares held by the Ark series ETF to 4.7 million shares, accounting for about 2% of Coinbase's fully diluted 261.3 million shares, making it one of the company's major external shareholders.<b>If calculated based on Tuesday's closing price, the total Coinbase held by \"Sister Wood\" is worth more than US $1.04 billion.</b></p><p><b>Moreover, ARKW is the largest ETF holding Grayscale Bitcoin Trust in the market, holding a total of 8.5 million shares.</b>The second highest holding of this Bitcoin trust in the market is Amplify Transformation Data Sharing ETF (trading symbol BLOK), but it only holds 212,000 shares of Grayscale Trust.</p><p><b>It can be seen from the trading logic that the Ark investment of \"Sister Wood\" mainly takes advantage of the market decline to buy bottoms.</b>Bitcoin once cut in half from its all-time high of nearly $65,000, as did Grayscale Bitcoin Trust, and Coinbase fell nearly 35% from its high in the two months of listing.</p><p>On Wednesday, Bitcoin rebounded 18% from yesterday's low, once regaining $34,000. U.S. stocks fell slightly to above $33,000 after midday, rising 4% within 24 hours. Most mainstream digital currencies have risen. Some analysts say that the motivation for the rise is unknown, and cryptocurrencies have been very volatile.<img src=\"https://static.tigerbbs.com/eb83e0e22211f6e038eaffb1f5f66b46\" tg-width=\"695\" tg-height=\"511\" referrerpolicy=\"no-referrer\">The \"basket of stocks\" related to Bitcoin also rebounded collectively today.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose nearly 5%, and Square rose nearly 2%, both close to two-month highs. Grayscale Bitcoin Trust rose by more than 6% at the highest, breaking away from the lowest level of the year, and it has still fallen as a whole this year. Coinbase rose more than 2%, still close to its low level since listing. The above-mentioned stocks are all the most important positions held by \"Sister Wood\".</p><p>ARKK, the flagship innovation ETF of \"Sister Wood\", rose more than 2%, close to the nearly two-month high since April 28. ARKW, which holds a large amount of Grayscale Bitcoin Trust, also rose 2%, and ARKF, another financial technology innovation ETF that holds a large amount of Coinbase, rose 1.4%, both close to two-month highs.<img src=\"https://static.tigerbbs.com/4d5869ceeb6a2f7a0291e99083ed7531\" tg-width=\"713\" tg-height=\"511\" referrerpolicy=\"no-referrer\"></p>","source":"wallstreetcn_api","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>Bitcoin fell below key technical levels, and Sister Wood bought Grayscale Trust and Coinbase at the bottom</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\">\nBitcoin fell below key technical levels, and Sister Wood bought Grayscale Trust and Coinbase at the bottom\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-24 01:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>When the Bitcoin fell below $29,000 on Tuesday and once erased all gains this year, Cathie Wood's Ark Invest series ETFs, known as the \"Queen of the Bull Market\", were aggressively buying Grayscale Bitcoin Trust and Coinbase stocks.</p><p>According to the data, Ark's flagship fund, Innovation ETF (trading symbol ARKK), took advantage of yesterday's downturn in Bitcoin and related stocks to increase its holdings of nearly 215,000 shares of Coinbase, the world's largest digital currency exchange.</p><p>At the same time, the Ark Next Generation Internet ETF (trading symbol ARKW) increased its holdings of an additional 1 million shares of Grayscale Bitcoin Trust (trading symbol GBTC), worth approximately US $29.3 million. The latter is the world's largest Bitcoin trust.</p><p>This pushed the total number of Coinbase shares held by the Ark series ETF to 4.7 million shares, accounting for about 2% of Coinbase's fully diluted 261.3 million shares, making it one of the company's major external shareholders.<b>If calculated based on Tuesday's closing price, the total Coinbase held by \"Sister Wood\" is worth more than US $1.04 billion.</b></p><p><b>Moreover, ARKW is the largest ETF holding Grayscale Bitcoin Trust in the market, holding a total of 8.5 million shares.</b>The second highest holding of this Bitcoin trust in the market is Amplify Transformation Data Sharing ETF (trading symbol BLOK), but it only holds 212,000 shares of Grayscale Trust.</p><p><b>It can be seen from the trading logic that the Ark investment of \"Sister Wood\" mainly takes advantage of the market decline to buy bottoms.</b>Bitcoin once cut in half from its all-time high of nearly $65,000, as did Grayscale Bitcoin Trust, and Coinbase fell nearly 35% from its high in the two months of listing.</p><p>On Wednesday, Bitcoin rebounded 18% from yesterday's low, once regaining $34,000. U.S. stocks fell slightly to above $33,000 after midday, rising 4% within 24 hours. Most mainstream digital currencies have risen. Some analysts say that the motivation for the rise is unknown, and cryptocurrencies have been very volatile.<img src=\"https://static.tigerbbs.com/eb83e0e22211f6e038eaffb1f5f66b46\" tg-width=\"695\" tg-height=\"511\" referrerpolicy=\"no-referrer\">The \"basket of stocks\" related to Bitcoin also rebounded collectively today.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose nearly 5%, and Square rose nearly 2%, both close to two-month highs. Grayscale Bitcoin Trust rose by more than 6% at the highest, breaking away from the lowest level of the year, and it has still fallen as a whole this year. Coinbase rose more than 2%, still close to its low level since listing. The above-mentioned stocks are all the most important positions held by \"Sister Wood\".</p><p>ARKK, the flagship innovation ETF of \"Sister Wood\", rose more than 2%, close to the nearly two-month high since April 28. ARKW, which holds a large amount of Grayscale Bitcoin Trust, also rose 2%, and ARKF, another financial technology innovation ETF that holds a large amount of Coinbase, rose 1.4%, both close to two-month highs.<img src=\"https://static.tigerbbs.com/4d5869ceeb6a2f7a0291e99083ed7531\" tg-width=\"713\" tg-height=\"511\" referrerpolicy=\"no-referrer\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3633707\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/414360f2ef7b5c785cb936b4a9b53a44","relate_stocks":{"CAN":"嘉楠科技","EBON":"亿邦国际"},"source_url":"https://wallstreetcn.com/articles/3633707","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145136560","content_text":"在周二比特币下破2.9万美元并一度抹去今年以来全部涨幅之际，素有“牛市女皇”之称的“木头姐”Cathie Wood旗下Ark Invest系列ETF正大举抄底灰度比特币信托和Coinbase股票。\n数据显示，Ark旗舰基金——创新ETF（交易代码ARKK）利用昨日比特币及其相关个股的低迷，增持了近21.5万股Coinbase股票，后者为全球最大数字货币交易所。\n同时，Ark下一代互联网ETF（交易代码ARKW）额外增持了100万股灰度比特币信托（Grayscale Bitcoin Trust，交易代码GBTC），价值约2930万美元，后者为全球最大比特币信托。\n这令Ark系列ETF持有Coinbase的股票总数推升至470万股，约占Coinbase完全摊薄2.613亿股的2%，成为公司主要外部股东之一。若按周二收盘价计算，“木头姐”共持有的Coinbase价值逾10.4亿美元。\n而且，ARKW是市场上持有灰度比特币信托最大的ETF，共持有850万股。市面上持有该比特币信托排名第二高的是Amplify转型数据共享ETF（交易代码BLOK），但仅持有21.2万股灰度信托。\n从交投逻辑可知，“木头姐”的Ark投资主要利用市场下跌而抄底。比特币一度较其近6.5万美元的历史最高腰斩，灰度比特币信托也是如此，Coinbase则在上市两个月里从高位跌落近35%。\n周三，比特币从昨日低位反弹18%，一度重上3.4万美元，美股午盘后小幅回落至3.3万美元上方，24小时内涨4%。主流数字货币多数上涨，有分析称上涨动因不明，加密货币波动性一直很大。与比特币相关的“一揽子股票”今日也集体反弹。特斯拉涨近5%，Square涨近2%，均接近两个月高位。灰度比特币信托最高涨超6%，脱离年内低位，今年以来仍整体下跌。Coinbase涨超2%，仍接近上市来低位。上述个股都是“木头姐”持仓重头。\n“木头姐”旗下旗舰创新ETF ARKK涨超2%，接近4月28日以来的近两个月高位。大量持有灰度比特币信托的ARKW也涨2%，另一持有大量Coinbase的金融科技创新ETF ARKF涨1.4%，均接近两个月高位。","news_type":1,"symbols_score_info":{"CAN":0.9,"EBON":0.9,"XBTmain":0.9,"BTCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121792572,"gmtCreate":1624491834696,"gmtModify":1703838078769,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121792572","repostId":"2145139750","repostType":4,"repost":{"id":"2145139750","kind":"news","pubTimestamp":1624472100,"share":"https://ttm.financial/m/news/2145139750?lang=en_US&edition=fundamental","pubTime":"2021-06-24 02:15","market":"hk","language":"zh","title":"Commentary: Bitcoin's Death Cross may just be a short trap","url":"https://stock-news.laohu8.com/highlight/detail?id=2145139750","media":"新浪财经","summary":"彭博图表专家赵力表示，比特币的螺旋式下跌可能已经接近尾声。\n　　比特币本周短暂跌破3万美元大关，为2021年以来首次跌破该关口，并且几乎抹去了今年的所有涨幅。从4月份高点下跌超过50%之后，比特币的50日移动均线已经跌破200日移动均线，形成所谓死亡交叉的技术信号。\n　　自2010年以来，比特币已经有7次出现死亡交叉。平均而言，比特币在其后50天里回报率为34%，盈亏比率为5：2。\n\n\n海量资讯、精准解读，尽在新浪财经APP\n\n责任编辑：张玉洁 SF107","content":"<p>Bloomberg charts expert Li Zhao said Bitcoin's downward spiral may be nearing its end.</p><p>Bitcoin briefly fell below the $30,000 mark this week, the first time it has fallen below it since 2021, and nearly wiped out all of its gains this year. After falling more than 50% from the April high, Bitcoin's 50-day moving average has fallen below its 200-day moving average, forming a technical signal of the so-called death cross.</p><p>Since 2010, there have been seven death crosses in Bitcoin. On average, Bitcoin's return rate in the next 50 days is 34%, with a profit-loss ratio of 5: 2.</p>","source":"sina","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>Commentary: Bitcoin's Death Cross may just be a short trap</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\">\nCommentary: Bitcoin's Death Cross may just be a short trap\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-06-24 02:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bloomberg charts expert Li Zhao said Bitcoin's downward spiral may be nearing its end.</p><p>Bitcoin briefly fell below the $30,000 mark this week, the first time it has fallen below it since 2021, and nearly wiped out all of its gains this year. After falling more than 50% from the April high, Bitcoin's 50-day moving average has fallen below its 200-day moving average, forming a technical signal of the so-called death cross.</p><p>Since 2010, there have been seven death crosses in Bitcoin. On average, Bitcoin's return rate in the next 50 days is 34%, with a profit-loss ratio of 5: 2.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-06-24/doc-ikqcfnca2843806.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b73a4391d6b8bf3291eb4d137bd1dfc3","relate_stocks":{"CAN":"嘉楠科技","EBON":"亿邦国际"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-06-24/doc-ikqcfnca2843806.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2145139750","content_text":"彭博图表专家赵力表示，比特币的螺旋式下跌可能已经接近尾声。\n比特币本周短暂跌破3万美元大关，为2021年以来首次跌破该关口，并且几乎抹去了今年的所有涨幅。从4月份高点下跌超过50%之后，比特币的50日移动均线已经跌破200日移动均线，形成所谓死亡交叉的技术信号。\n自2010年以来，比特币已经有7次出现死亡交叉。平均而言，比特币在其后50天里回报率为34%，盈亏比率为5：2。","news_type":1,"symbols_score_info":{"CAN":0.9,"BTCmain":0.9,"EBON":0.9,"XBTmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1903,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166596182,"gmtCreate":1624016028646,"gmtModify":1703826613329,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"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/166596182","repostId":"1118210144","repostType":4,"isVote":1,"tweetType":1,"viewCount":1909,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187858709,"gmtCreate":1623750028801,"gmtModify":1704210409329,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187858709","repostId":"1139950361","repostType":4,"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104902389,"gmtCreate":1620348111741,"gmtModify":1704342286426,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104902389","repostId":"1148265462","repostType":4,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355634729,"gmtCreate":1617066103261,"gmtModify":1704801474273,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355634729","repostId":"1157203601","repostType":4,"repost":{"id":"1157203601","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":1617065001,"share":"https://ttm.financial/m/news/1157203601?lang=en_US&edition=fundamental","pubTime":"2021-03-30 08:43","market":"us","language":"zh","title":"ByteDance is reported to be valued at US $250 billion in secondary market transactions","url":"https://stock-news.laohu8.com/highlight/detail?id=1157203601","media":"老虎资讯综合","summary":"3月30日，据彭博，知情人士透露，由于投资者对字节跳动的业务及其IPO前景充满信心，字节跳动在私有市场的估值已经超过2500亿美元。根据CB Insights的数据，字节跳动在上一轮融资时的估值达到1","content":"<p>On March 30, according to Bloomberg, people familiar with the matter revealed that due to investors' confidence in ByteDance's business and its IPO prospects, ByteDance's valuation in the private market has exceeded US $250 billion. According to data from CB Insights, ByteDance was valued at $140 billion in its last funding round.</p><p>One of the people familiar with the matter said that the company's transaction valuation in the private market a month ago was about $200 billion. If calculated at $250 billion, ByteDance's valuation has surpassed that of ExxonMobil and Coca-Cola.</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>ByteDance is reported to be valued at US $250 billion in secondary market transactions</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\">\nByteDance is reported to be valued at US $250 billion in secondary market transactions\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\">2021-03-30 08:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On March 30, according to Bloomberg, people familiar with the matter revealed that due to investors' confidence in ByteDance's business and its IPO prospects, ByteDance's valuation in the private market has exceeded US $250 billion. According to data from CB Insights, ByteDance was valued at $140 billion in its last funding round.</p><p>One of the people familiar with the matter said that the company's transaction valuation in the private market a month ago was about $200 billion. If calculated at $250 billion, ByteDance's valuation has surpassed that of ExxonMobil and Coca-Cola.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/57922dcc5f7a43f1fddaf18d1a519025","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157203601","content_text":"3月30日，据彭博，知情人士透露，由于投资者对字节跳动的业务及其IPO前景充满信心，字节跳动在私有市场的估值已经超过2500亿美元。根据CB Insights的数据，字节跳动在上一轮融资时的估值达到1400亿美元。其中一位知情人士说，该公司一个月前在私有市场的交易估值大约达为2000亿美元。如果按照2500亿美元计算，字节跳动的估值已经超过埃克森美孚和可口可乐。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359030032,"gmtCreate":1616298288226,"gmtModify":1704792724825,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359030032","repostId":"2121456431","repostType":4,"repost":{"id":"2121456431","kind":"news","weMediaInfo":{"introduction":"致力于提供最及时的财经资讯，最专业的解读分析，覆盖宏观经济、金融机构、A股市场、上市公司、投资理财等财经领域。","home_visible":1,"media_name":"券商中国","id":"9","head_image":"https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f"},"pubTimestamp":1616287967,"share":"https://ttm.financial/m/news/2121456431?lang=en_US&edition=fundamental","pubTime":"2021-03-21 08:52","market":"us","language":"zh","title":"Soared 19 times in 6 months! This chip stock is completely on fire, what is the origin?","url":"https://stock-news.laohu8.com/highlight/detail?id=2121456431","media":"券商中国","summary":"据悉，阿瓦隆A1246矿机算力为90T，是效率最高的矿机之一。此次交易金额达271.3万美元。矿机将分3次交付，预计3月交付300台，5月交付50台，8月交付250台。不过，有说法称，该“矿场”，是俄军和私人投资者分成的。挖矿行业每年新增收入或达1000亿各种矿场的建立，显著的拉动了对矿机的需求，作为矿机生产商的嘉楠科技备受基金经理宠幸。比特币挖矿行业的年新增收入或超过100","content":"<p>Since the emergence of mining machine chip stocks, fund managers have many more reasons to buy Bitcoin. Affected by the continuous rise in Bitcoin prices, Chinese concept stocks, which are mainly engaged in the mining machine chip business, have become the darling in the eyes of fund managers.</p><p><b>As of the close on March 20, Beijing time, Chinese concept stocks listed in the United States<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>The stock price fell 4.5%. As of March 20, Canaan Technology's stock price has increased by more than 5 times this year, and 15 times in the last six months. During this period, the highest stock price has increased by 19 times. After a week of continuous corrections, as of March 20, the current market value has fallen back to 28.4 billion yuan.</b></p><p><a href=\"https://laohu8.com/S/06178\">Everbright Securities</a>Said that the mining industry is expected to add 18 billion US dollars in revenue every year. Canaan Technology is currently<a href=\"https://laohu8.com/S/00981\">SMIC</a>The main customers of N+1 advanced manufacturing process have cooperated in the production of new mining machines (90TH/s), and have achieved batch spot shipments. The annual output is expected to exceed 400,000 units.</p><p><b>Bitcoin prices are far away from mining costs, and demand for mining machines is hot</b></p><p>If fund managers directly buy Bitcoin, it may make prudent traditional investors feel ridiculous, but it seems much more logical to share Bitcoin's market by buying \"AI chip company stocks\".</p><p>As of the close on March 20, Beijing time, Canaan Technology, a Chinese concept stock listed in the United States, fell 4.5%. After the stock hit a new high on March 12, it has been pulling back for a week. According to the data, the stock price of Canaan Technology has increased by more than 5 times this year. The stock price increase in the last six months has reached 15 times based on the closing price on March 20th. If calculated based on March 12th, it will reach a maximum of 19 times. The market value of Canaan Technology after the current decline is 28.4 billion yuan.</p><p>Headquartered in Beijing, Canaan Technology is a company engaged in independent AI chip research and development and providing high-performance computing services. To be more accurate, Canaan Technology is a mining machine research and development company in Bitcoin. About 90% of the company's revenue comes from mining machine chips and related businesses. Mining machines are the most basic link in Bitcoin's ecosystem.</p><p>The hot price of Bitcoin continues to rise, which has significantly driven the demand for mining.</p><p>\"The higher the price, the greater the benefits of mining. After the price in Bitcoin falls below US $5,000, the mining machines can't be sold, and even the cost of electricity is very difficult.\" An investor who owns a mine in Bitcoin in South China told a brokerage China reporter at an exchange meeting that the sales of mining machines in Bitcoin are directly affected by the price in Bitcoin. If the price in Bitcoin is too low, it will impact the cost of mining.</p><p>According to the market on March 18th, the latest price of Bitcoin remained around US $58,000, which is a very attractive price for mining investors, which means that the price of Bitcoin is much higher than the cost of mining.</p><p>The high price situation has stimulated the sales of Bitcoin mining machines.</p><p>On March 2 this year, cryptocurrency mining company IntegratedVenturesInc announced the purchase of 600 Avalon A1246 mining machines (Avalon 1246) produced by Canaan Technology. It is reported that the Avalon A1246 mining machine has a computing power of 90T and is one of the most efficient mining machines. The transaction amounted to US $2.713 million. The mining machines will be delivered in three installments, with 300 units expected to be delivered in March, 50 units in May, and 250 units in August.</p><p>On January 27 this year, when the Bitcoin price remained around US $35,000, Bitcoin's mining machines were already very easy to sell. According to the official public account of Canaan, on January 27 this year, Canaan Technology signed an order for 6,000 Avalon mining machines with the mining giant CoreScientific, and reached a cooperation intention with the start-up company DroneEnergy in the procurement of mining machines. Prior to this, Canaan Technology also signed a purchase order for 6,400 mining machines with HIVEBlockChain.</p><p><b>Bitcoin has helped mining machinery companies a lot by institutional sweeping goods</b></p><p>Institutional investors in traditional industries have entered the market to sweep Bitcoin, raising the price of Bitcoin and staying away from the cost of mining, which has helped mining machinery companies a lot.</p><p>On March 18, Hong Kong stock listed companies<a href=\"https://laohu8.com/S/01357\">Meitu Corporation</a>It was announced that the subsidiary MiracleVision further purchased in open market transactions on March 17, 2021 under the cryptocurrency investment plan: 16,000 units of Ethereum (purchased according to Ethereum), with a total consideration of approximately US $28.4 million; Bitcoin of approximately 386.09 units (purchased pursuant to Bitcoin) for a total consideration of approximately $21.6 million. As of the date of the announcement, Meitu has accumulated net purchases of cryptocurrency worth approximately US $90 million.</p><p>Previously, on March 5, Meitu announced that it would purchase 15,000 units of Ethereum and 379.12 units of Bitcoin in open market transactions, with total considerations of approximately US $22.1 million and US $17.9 million respectively.</p><p>Meitu said in the announcement that these purchases were made in accordance with a cryptocurrency investment plan previously approved by the company's board of directors, according to which the group plans to purchase cryptocurrencies with a net amount of no more than US $100 million, which is funded by the company's existing cash reserves. Subsequently, the company's board of directors will implement the cryptocurrency investment plan as appropriate according to the situation of the cryptocurrency market.</p><p><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>A report by strategist Nikolaos Panigirtzoglou shows that so far, retail investors have bought more than 187,000 Bitcoin, while institutional investors have bought approximately 172,684 Bitcoin.</p><p><a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>A new investor report written by the wealth management department of the company on March 17 outlined cryptocurrencies as an emerging investable asset class. The report said: For speculative investments to rise to the level of investable asset classes and play a role in a diversified portfolio, transformative progress will be needed on both supply and demand sides.</p><p>The change in institutional attitude towards Bitcoin assets is unexpected. according to<a href=\"https://laohu8.com/S/CME\">Chicago Mercantile Exchange</a>According to the group's data, as of February 2021, the open position of Bitcoin futures has increased by at least 100% for eight consecutive months, and the capital involved in these contracts has increased exponentially at an annual rate of 145%, from US $156 million at the end of February 2020 to US $2.34 billion a year later. The increase is more than three times the 425% increase in prices in Bitcoin last year. This also further reflects the demand of institutional investors for this asset class, which has reached unprecedented levels.</p><p>Now that the price of Bitcoin has risen to more than $50,000, investors' interest in trading Bitcoin has greatly increased, which has also made it profitable for investors in mines digging Bitcoin. This means that every Bitcoin dug up can be supplied to investors in the secondary market at a price of more than 50,000 US dollars.</p><p>According to news on March 18, Pakistan's Khyber Pakhtunkhwa province plans to establish two pilot cryptocurrency mining farms powered by hydropower. Earlier, on January 13, the province announced the launch of two state-owned Bitcoin mines, saying that the legislative bill for this action had been passed in the provincial parliament.</p><p>Ten days ago, on March 8, the Russian Ministry of Defense's \"Red Star TV\" announced information about a large cryptocurrency mine under the \"supervision\" of the Russian army. The mine is located at a hydropower station near Irkutsk, Siberia. The mine has thousands of mining machines. The extremely cold geographical environment provides the mine with good heat dissipation conditions and low water and electricity costs. However, it is said that the \"mine\" was divided between the Russian army and private investors.</p><p><b>The mining industry's annual new revenue may reach 100 billion</b></p><p>The establishment of various mines has significantly boosted the demand for mining machines. As a manufacturer of mining machines, Canaan Technology is favored by fund managers.</p><p>According to the information disclosed by listed companies, as of the end of last year, nearly 20 funds held shares of Canaan Technology. Fund managers directly hold Bitcoin, which may make conservative investors feel ridiculous at the moment, but it seems logical to hold Canaan Technology's shares in the name of buying \"AI chip companies\" to share Bitcoin's market.</p><p>The investment of A-share listed companies in Canaan Technology may also be the same strategy, so as to avoid listed companies directly deploying Bitcoin and being questioned by regulatory agencies.</p><p>Brokerage China reporters noticed that,<a href=\"https://laohu8.com/S/600226\">* ST Hanye</a>Invested 200 million yuan to hold 99.50% of the shares of Shanghai Yongtang. Shanghai Yongtang indirectly invested in Hangzhou Jianan Yunzhi Information Technology Co., Ltd. through Guihu Fund, and the company's final holding ratio of this investment project was less than 1%. Based on the fact that * ST Hanye indirectly holds Canaan Technology, the stock price of this stock has been rising continuously this year. As of March 18, * ST Hanye's stock price has increased by nearly 75% this year, and its market value is also close to 9 billion.</p><p><a href=\"https://laohu8.com/S/601788\">Everbright Securities</a>It was pointed out in a report that Canaan Technology was the first to deploy in Bitcoin's mining industry, and its mining machinery production capacity will be the most sufficient in 2021. Canaan Technology is currently<a href=\"https://laohu8.com/S/688981\">SMIC</a>The main customers of N+1 advanced manufacturing process have cooperated in the production of new mining machines (90TH/s), and have achieved batch spot shipments. The annual output is expected to exceed 400,000 units.</p><p>Canaan Technology is currently the only manufacturer with a multi-fab strategy. Due to the use of N+1 process chips for mass production, it has largely buffered the occupation of wafer production capacity by GPU mining graphics cards and 5G mobile phones. In the report, Everbright Securities predicts that the market size of the mining machinery industry this year will be approximately 22.6 billion RMB, and it is expected that the shipment volume in the first half of the year will be 270,000 units (150,000 units in SMIC,<a href=\"https://laohu8.com/S/TSM\">TSMC</a>120,000 units), and shipments in the second half of the year were 520,000 units (250,000 units from SMIC, 120,000 units from TSMC, and 150,000 units from others).</p><p>The annual new revenue of Bitcoin's mining industry may exceed 100 billion yuan. Everbright Securities pointed out that 2020-2024 is the fourth halving cycle of Bitcoin. The number of daily mining reward Bitcoin is 900, and the transaction fee is about 100, totaling about 1,000, at a price of 50,000 US dollars per piece. Calculated, the mining industry is expected to increase revenue by about 1000X50000X365 = 18 billion US dollars every year.</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>Soared 19 times in 6 months! This chip stock is completely on fire, what is the origin?</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\">\nSoared 19 times in 6 months! This chip stock is completely on fire, what is the origin?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/9\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">券商中国 </p>\n<p class=\"h-time smaller\">2021-03-21 08:52</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Since the emergence of mining machine chip stocks, fund managers have many more reasons to buy Bitcoin. Affected by the continuous rise in Bitcoin prices, Chinese concept stocks, which are mainly engaged in the mining machine chip business, have become the darling in the eyes of fund managers.</p><p><b>As of the close on March 20, Beijing time, Chinese concept stocks listed in the United States<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>The stock price fell 4.5%. As of March 20, Canaan Technology's stock price has increased by more than 5 times this year, and 15 times in the last six months. During this period, the highest stock price has increased by 19 times. After a week of continuous corrections, as of March 20, the current market value has fallen back to 28.4 billion yuan.</b></p><p><a href=\"https://laohu8.com/S/06178\">Everbright Securities</a>Said that the mining industry is expected to add 18 billion US dollars in revenue every year. Canaan Technology is currently<a href=\"https://laohu8.com/S/00981\">SMIC</a>The main customers of N+1 advanced manufacturing process have cooperated in the production of new mining machines (90TH/s), and have achieved batch spot shipments. The annual output is expected to exceed 400,000 units.</p><p><b>Bitcoin prices are far away from mining costs, and demand for mining machines is hot</b></p><p>If fund managers directly buy Bitcoin, it may make prudent traditional investors feel ridiculous, but it seems much more logical to share Bitcoin's market by buying \"AI chip company stocks\".</p><p>As of the close on March 20, Beijing time, Canaan Technology, a Chinese concept stock listed in the United States, fell 4.5%. After the stock hit a new high on March 12, it has been pulling back for a week. According to the data, the stock price of Canaan Technology has increased by more than 5 times this year. The stock price increase in the last six months has reached 15 times based on the closing price on March 20th. If calculated based on March 12th, it will reach a maximum of 19 times. The market value of Canaan Technology after the current decline is 28.4 billion yuan.</p><p>Headquartered in Beijing, Canaan Technology is a company engaged in independent AI chip research and development and providing high-performance computing services. To be more accurate, Canaan Technology is a mining machine research and development company in Bitcoin. About 90% of the company's revenue comes from mining machine chips and related businesses. Mining machines are the most basic link in Bitcoin's ecosystem.</p><p>The hot price of Bitcoin continues to rise, which has significantly driven the demand for mining.</p><p>\"The higher the price, the greater the benefits of mining. After the price in Bitcoin falls below US $5,000, the mining machines can't be sold, and even the cost of electricity is very difficult.\" An investor who owns a mine in Bitcoin in South China told a brokerage China reporter at an exchange meeting that the sales of mining machines in Bitcoin are directly affected by the price in Bitcoin. If the price in Bitcoin is too low, it will impact the cost of mining.</p><p>According to the market on March 18th, the latest price of Bitcoin remained around US $58,000, which is a very attractive price for mining investors, which means that the price of Bitcoin is much higher than the cost of mining.</p><p>The high price situation has stimulated the sales of Bitcoin mining machines.</p><p>On March 2 this year, cryptocurrency mining company IntegratedVenturesInc announced the purchase of 600 Avalon A1246 mining machines (Avalon 1246) produced by Canaan Technology. It is reported that the Avalon A1246 mining machine has a computing power of 90T and is one of the most efficient mining machines. The transaction amounted to US $2.713 million. The mining machines will be delivered in three installments, with 300 units expected to be delivered in March, 50 units in May, and 250 units in August.</p><p>On January 27 this year, when the Bitcoin price remained around US $35,000, Bitcoin's mining machines were already very easy to sell. According to the official public account of Canaan, on January 27 this year, Canaan Technology signed an order for 6,000 Avalon mining machines with the mining giant CoreScientific, and reached a cooperation intention with the start-up company DroneEnergy in the procurement of mining machines. Prior to this, Canaan Technology also signed a purchase order for 6,400 mining machines with HIVEBlockChain.</p><p><b>Bitcoin has helped mining machinery companies a lot by institutional sweeping goods</b></p><p>Institutional investors in traditional industries have entered the market to sweep Bitcoin, raising the price of Bitcoin and staying away from the cost of mining, which has helped mining machinery companies a lot.</p><p>On March 18, Hong Kong stock listed companies<a href=\"https://laohu8.com/S/01357\">Meitu Corporation</a>It was announced that the subsidiary MiracleVision further purchased in open market transactions on March 17, 2021 under the cryptocurrency investment plan: 16,000 units of Ethereum (purchased according to Ethereum), with a total consideration of approximately US $28.4 million; Bitcoin of approximately 386.09 units (purchased pursuant to Bitcoin) for a total consideration of approximately $21.6 million. As of the date of the announcement, Meitu has accumulated net purchases of cryptocurrency worth approximately US $90 million.</p><p>Previously, on March 5, Meitu announced that it would purchase 15,000 units of Ethereum and 379.12 units of Bitcoin in open market transactions, with total considerations of approximately US $22.1 million and US $17.9 million respectively.</p><p>Meitu said in the announcement that these purchases were made in accordance with a cryptocurrency investment plan previously approved by the company's board of directors, according to which the group plans to purchase cryptocurrencies with a net amount of no more than US $100 million, which is funded by the company's existing cash reserves. Subsequently, the company's board of directors will implement the cryptocurrency investment plan as appropriate according to the situation of the cryptocurrency market.</p><p><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>A report by strategist Nikolaos Panigirtzoglou shows that so far, retail investors have bought more than 187,000 Bitcoin, while institutional investors have bought approximately 172,684 Bitcoin.</p><p><a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>A new investor report written by the wealth management department of the company on March 17 outlined cryptocurrencies as an emerging investable asset class. The report said: For speculative investments to rise to the level of investable asset classes and play a role in a diversified portfolio, transformative progress will be needed on both supply and demand sides.</p><p>The change in institutional attitude towards Bitcoin assets is unexpected. according to<a href=\"https://laohu8.com/S/CME\">Chicago Mercantile Exchange</a>According to the group's data, as of February 2021, the open position of Bitcoin futures has increased by at least 100% for eight consecutive months, and the capital involved in these contracts has increased exponentially at an annual rate of 145%, from US $156 million at the end of February 2020 to US $2.34 billion a year later. The increase is more than three times the 425% increase in prices in Bitcoin last year. This also further reflects the demand of institutional investors for this asset class, which has reached unprecedented levels.</p><p>Now that the price of Bitcoin has risen to more than $50,000, investors' interest in trading Bitcoin has greatly increased, which has also made it profitable for investors in mines digging Bitcoin. This means that every Bitcoin dug up can be supplied to investors in the secondary market at a price of more than 50,000 US dollars.</p><p>According to news on March 18, Pakistan's Khyber Pakhtunkhwa province plans to establish two pilot cryptocurrency mining farms powered by hydropower. Earlier, on January 13, the province announced the launch of two state-owned Bitcoin mines, saying that the legislative bill for this action had been passed in the provincial parliament.</p><p>Ten days ago, on March 8, the Russian Ministry of Defense's \"Red Star TV\" announced information about a large cryptocurrency mine under the \"supervision\" of the Russian army. The mine is located at a hydropower station near Irkutsk, Siberia. The mine has thousands of mining machines. The extremely cold geographical environment provides the mine with good heat dissipation conditions and low water and electricity costs. However, it is said that the \"mine\" was divided between the Russian army and private investors.</p><p><b>The mining industry's annual new revenue may reach 100 billion</b></p><p>The establishment of various mines has significantly boosted the demand for mining machines. As a manufacturer of mining machines, Canaan Technology is favored by fund managers.</p><p>According to the information disclosed by listed companies, as of the end of last year, nearly 20 funds held shares of Canaan Technology. Fund managers directly hold Bitcoin, which may make conservative investors feel ridiculous at the moment, but it seems logical to hold Canaan Technology's shares in the name of buying \"AI chip companies\" to share Bitcoin's market.</p><p>The investment of A-share listed companies in Canaan Technology may also be the same strategy, so as to avoid listed companies directly deploying Bitcoin and being questioned by regulatory agencies.</p><p>Brokerage China reporters noticed that,<a href=\"https://laohu8.com/S/600226\">* ST Hanye</a>Invested 200 million yuan to hold 99.50% of the shares of Shanghai Yongtang. Shanghai Yongtang indirectly invested in Hangzhou Jianan Yunzhi Information Technology Co., Ltd. through Guihu Fund, and the company's final holding ratio of this investment project was less than 1%. Based on the fact that * ST Hanye indirectly holds Canaan Technology, the stock price of this stock has been rising continuously this year. As of March 18, * ST Hanye's stock price has increased by nearly 75% this year, and its market value is also close to 9 billion.</p><p><a href=\"https://laohu8.com/S/601788\">Everbright Securities</a>It was pointed out in a report that Canaan Technology was the first to deploy in Bitcoin's mining industry, and its mining machinery production capacity will be the most sufficient in 2021. Canaan Technology is currently<a href=\"https://laohu8.com/S/688981\">SMIC</a>The main customers of N+1 advanced manufacturing process have cooperated in the production of new mining machines (90TH/s), and have achieved batch spot shipments. The annual output is expected to exceed 400,000 units.</p><p>Canaan Technology is currently the only manufacturer with a multi-fab strategy. Due to the use of N+1 process chips for mass production, it has largely buffered the occupation of wafer production capacity by GPU mining graphics cards and 5G mobile phones. In the report, Everbright Securities predicts that the market size of the mining machinery industry this year will be approximately 22.6 billion RMB, and it is expected that the shipment volume in the first half of the year will be 270,000 units (150,000 units in SMIC,<a href=\"https://laohu8.com/S/TSM\">TSMC</a>120,000 units), and shipments in the second half of the year were 520,000 units (250,000 units from SMIC, 120,000 units from TSMC, and 150,000 units from others).</p><p>The annual new revenue of Bitcoin's mining industry may exceed 100 billion yuan. Everbright Securities pointed out that 2020-2024 is the fourth halving cycle of Bitcoin. The number of daily mining reward Bitcoin is 900, and the transaction fee is about 100, totaling about 1,000, at a price of 50,000 US dollars per piece. Calculated, the mining industry is expected to increase revenue by about 1000X50000X365 = 18 billion US dollars every year.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2182a8a021a8689200e0ade3f44083dc","relate_stocks":{"159813":"芯片","CAN":"嘉楠科技"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121456431","content_text":"自从有了矿机芯片股票，基金经理买比特币的理由，多了很多。受比特币价格连续走高的影响，主营矿机芯片业务的中概股成为基金经理眼中的宠儿。截至北京时间3月20日收盘，在美上市的中概股嘉楠科技股价大跌4.5%。截至3月20日，嘉楠科技今年以来的股价涨幅超过5倍，最近6个月涨幅15倍，期间最高股价涨幅达到19倍，在连续回调一周后，截止3月20日，当前市值回落至284亿人民币。光大证券表示，挖矿行业每年有望新增收入180亿美金，嘉楠科技目前是中芯国际N+1先进制程的主要客户，合作进行新型矿机（90TH/s）的生产，并已实现批量现货出货，预计全年产量超过40万台。比特币价格远离挖矿成本，矿机需求火爆如果基金经理直接购买比特币，可能令稳健的传统投资者感到荒唐，但通过以购买“AI芯片公司股票”分享比特币的行情，看起来顺理成章的多。截至北京时间3月20收盘，在美上市的中概股嘉楠科技大跌4.5%，该股再去3月12日创出新高后，已连续回调一周。数据显示，嘉楠科技今年以来的股价涨幅超过5倍，最近6个月的股价涨幅按3月20日收盘计算达15倍，若按照3月12日计算，最高达到19倍，嘉楠科技截止目前回落后的市值为284亿人民币。嘉楠科技总部位于北京，是一家从事自主AI芯片研发、提供高性能计算服务的公司。更准确的说法，嘉楠科技是一家比特币矿机研发公司，该公司约90%的收入来自矿机芯片及其相关业务，矿机是比特币生态中最基础的一大环节。比特币价格持续走高的火爆行情，显著带动了挖矿的需求。“价格越高，挖矿的利益越大，比特币价格跌破5000美元后，矿机就卖不动了，连用电的成本都很为难。”华南地区的一位拥有比特币矿场的投资者在一次交流会上对券商中国记者表示，比特币矿机销售直接受比特币价格的影响，比特币价格如果太低，就会冲击挖矿的成本。按照3月18日的行情，比特币最新价格维持在58000美元附近，对挖矿的投资者而言，这是一个极具吸引力的价格，意味着比特币的价格远远高于挖矿的成本。价格高高在上的状况，刺激了比特币矿机的销售。今年3月2日，加密货币挖矿公司IntegratedVenturesInc宣布购买600台嘉楠科技生产的阿瓦隆A1246矿机(Avalon1246)。据悉，阿瓦隆A1246矿机算力为90T，是效率最高的矿机之一。此次交易金额达271.3万美元。矿机将分3次交付，预计3月交付300台，5月交付50台，8月交付250台。今年1月27日，也就是比特币价格维持在35000美元附近时，比特币的矿机就已经非常好卖了。据嘉楠耘智官方公众号消息，今年1月27日，嘉楠科技与矿业巨头CoreScientific签署6000台阿瓦隆矿机订单，并与初创公司DroneEnergy达成了矿机采购合作意向。在此之前，嘉楠科技还与HIVEBlockChain签署了6400台的矿机采购订单。机构扫货比特币帮了矿机公司大忙传统行业的机构投资者入场扫货比特币，拉高比特币的价格，远离挖矿的成本，帮了矿机公司的大忙。3月18日，港股上市公司美图公司发布公告，子公司MiracleVision于2021年3月17日根据加密货币投资计划在公开市场交易中进一步购买了：1.6万单位的以太币（根据以太币购买），总对价约为2840万美元；约386.09单位的比特币（根据比特币购买），总对价约为2160万美元。截至公告日期，美图已累计净购买了价值约9000万美元的加密货币。此前3月5日，美图公司公告，将在公开市场交易中购买1.5万单位的以太币和379.12单位的比特币，总对价分别约为2210万美元和1790万美元。美图在公告中表示，这些购买是根据该公司董事会先前批准的一项加密货币投资计划进行的，据此该集团计划，可以购买净额不超过1亿美元的加密货币，其资金来源为该公司现有的现金储备。后续该公司董事会根据密货市场情况，酌情执行加密货币投资计划。摩根大通策略师NikolaosPanigirtzoglou的一份报告显示，截至目前，散户投资者已经购买了超过187000枚比特币，而机构投资者大约购买了172684枚比特币。摩根士丹利的财富管理部门则在3月17日撰写的一份新的投资者报告，概述了加密货币作为新兴的可投资资产类别的情况。报告中称：要使投机性投资上升到可投资资产类别的水平，并在多元化的投资组合中发挥作用，就需要在供需双方都取得变革性进展。机构对比特币资产的态度变化是令人始料不及的。根据芝加哥商品交易所集团的数据，截至2021年2月，比特币期货未平仓头寸连续8个月至少增长了100%，这些合约所涉及的资本以145%的年率指数增长，从2020年2月底的1.56亿美元增长到一年后的23.4亿美元。这种涨幅是比特币价格去年425%涨幅的三倍多。这也进一步反映了机构投资者对这一资产类别的需求，已经达到了前所未有的水平。既然比特币价格上涨到5万美元以上后，投资者对交易比特币的兴趣大增，也使得挖掘比特币的矿场投资者变得有利可图。这意味着每挖出一枚比特币，便可以以5万美元以上的价格，在二级市场供应给投资者。3月18日消息，巴基斯坦开伯尔－普赫图赫瓦省计划建立两个由水力发电支持的加密货币矿场试点。此前1月13日，该省曾宣布启动两个国有比特币矿场，并称持该行动的立法法案已在该省议会中获得通过。而在十天前的3月8日，俄国防部《红星电视台》公布了一个在俄军“监督”下的大型加密货币矿场的信息。该矿场位于西伯利亚伊尔库茨克附近的一个水电站，该矿场拥有成千上万矿机。极寒的地理环境给矿场提供了良好的散热条件，以及低廉的水电费用。不过，有说法称，该“矿场”，是俄军和私人投资者分成的。挖矿行业每年新增收入或达1000亿各种矿场的建立，显著的拉动了对矿机的需求，作为矿机生产商的嘉楠科技备受基金经理宠幸。根据上市公司披露的信息，截至去年底的数据，约有接近20家基金持有嘉楠科技的股票。基金经理直接持有比特币，在当下可能令保守型的投资者感到荒唐，但通过购买“AI芯片公司”的名义持有嘉楠科技的股票，从而分享比特币的行情，看起来顺理成章的多。A股上市公司对嘉楠科技的投资，可能也是如此策略，以避免上市公司直接布局比特币，遭到监管机构的问询。券商中国记者注意到，*ST瀚叶出资20000万元持有上海雍棠99.50%的股份，上海雍棠通过趵虎基金间接投资了杭州嘉楠耘智信息科技有限公司，该公司对该投资项目的最终持有比例低于1%。基于*ST瀚叶间接持有嘉楠科技的事实，该股股价今年以来连续走高，截至3月18日，*ST瀚叶今年以来的股价涨幅接近75%，市值也接近90亿。光大证券在一份报告中指出，嘉楠科技最早布局比特币矿业，2021年矿机产能最为充足。嘉楠科技目前是中芯国际N+1先进制程的主要客户，合作进行新型矿机（90TH/s）的生产，并已实现批量现货出货，预计全年产量超过40万台。嘉楠科技则是目前唯一多晶圆厂策略的厂商。由于采用N+1制程芯片进行量产，在很大程度上缓冲了GPU挖矿显卡和5G手机对晶圆产能的占用。在报告中，光大证券预计今年矿机行业市场规模约为226亿元RMB，预计上半年出货量27万台（中芯国际15万台、台积电12万台），下半年出货量52万台（中芯国际25万台、台积电12万台、其它15万台）。比特币挖矿行业的年新增收入或超过1000亿元人民币。光大证券指出，2020-2024年为比特币的第四个减半周期，每日挖矿奖励比特币数量为900枚，交易手续费用约100枚，合计约1000枚，以5万美金/枚价格计算，挖矿行业每年有望新增收入约1000X50000X365=180亿美金。","news_type":1,"symbols_score_info":{"159813":0.9,"CAN":0.9}},"isVote":1,"tweetType":1,"viewCount":616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327660095,"gmtCreate":1616080587717,"gmtModify":1704790763233,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"Yy","listText":"Yy","text":"Yy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327660095","repostId":"1141093943","repostType":4,"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327684135,"gmtCreate":1616080473227,"gmtModify":1704790761758,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"Yy","listText":"Yy","text":"Yy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327684135","repostId":"1141093943","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTwe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10:39","market":"us","language":"zh","title":"Behind the rumors of acquisition of GlobalFoundries: Intel's chip manufacturing ambitions revealed","url":"https://stock-news.laohu8.com/highlight/detail?id=2153133933","media":"中国经营报","summary":"作为目前全球半导体产业中为数不多保留了芯片制造部门的龙头公司，英特尔近年来却在造芯环节开始落后于以芯片制造代工为核心业务的台积电，尤其是在先进制程方面，英特尔的7纳米工艺迟迟没有进展，台积电日前则在季度财报上宣布已通过5纳米工艺赚取了近三个季度10%的营收，同时还将在今年三季度试产3纳米工艺。","content":"<p>A merger and acquisition plan that may be the largest in the global semiconductor industry in recent years has surfaced recently. On July 17, according to the Wall Street Journal citing people familiar with the matter,<a href=\"https://laohu8.com/S/INTC\">Intel</a>It is studying the acquisition of GlobalFoundries (often referred to as \"GlobalFoundries\" in the industry) for US $30 billion (approximately RMB 194 billion), which was once a partner with<a href=\"https://laohu8.com/S/TSM\">TSMC</a>The equally famous global chip manufacturing giant, if this deal goes through, will become Intel's largest acquisition in history.</p><p>However, the rumor was quickly denied by Grofond. On July 19, the CEO of GlobalFoundries stated that the news of negotiating an acquisition with Intel was just speculation, and denied that there had been any acquisition discussions with the former, but would continue to seek to achieve listing through IPO. In this regard, the reporter of China Business News interviewed the person in charge of Intel China, but the other party said that he would not respond to this topic.</p><p>Although this official response quickly cooled the public opinion about this shocking deal that may shake the industry, there is more and more evidence that Intel hopes to make a difference in the field of chip manufacturing. Recently, the British \"Financial Times\" quoted Intel's official statement as confirming that the company is planning to invest US $20 billion (approximately RMB 129.6 billion) to build chip factories in multiple EU member states. The company is currently lobbying to obtain EU support.</p><p>As one of the few leading companies in the global semiconductor industry that has retained its chip manufacturing department, Intel has begun to lag behind TSMC, whose core business is chip manufacturing foundry, in recent years, especially in terms of advanced manufacturing processes. Intel's 7 The nanometer process has not made progress. TSMC recently announced in its quarterly financial report that it has earned 10% of its revenue for nearly three quarters through the 5-nanometer process, and will also trial-produce the 3-nanometer process in the third quarter of this year.</p><p>Under such a gap, whether Intel can finally succeed in the acquisition of GlobalFoundries does not seem to affect the outside world's judgment that it will strive to return to the advanced camp of chip manufacturing, and the competitive landscape of the entire global semiconductor manufacturing field may also be Marked by the rumored incident of Intel's acquisition of GlobalFoundries, it has quietly entered a new trend.</p><p><b>The probability of acquisition remains high</b></p><p>Behind Intel's recent actions, Pat Gelsinger (Pat Gelsinger) is regarded as the central role in promoting this round of decision-making. He officially succeeded his predecessor Bob Swan (Bob Swan) as the company's CEO in February this year. According to the Wall Street Journal, the reason Bob Swan was out is that he fell behind his main competitors because he failed to advance advanced manufacturing processes<a href=\"https://laohu8.com/S/AMD\">AMD</a>Related to.</p><p>Therefore, less than a month after taking office, Kissinger made a high-profile announcement of Intel's \"IDM2.0\" vision. Among them, IDM refers to a semiconductor company covering all aspects from design to manufacturing. Since chip manufacturing requires extremely high capital investment in technology research and development, only a few giant companies have the strength to assume this role. In the field of semiconductor manufacturing, currently only Intel,<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>A few companies pursue the IDM model, while others adopt full-time foundry models such as TSMC.</p><p>In this newly drawn IDM2.0 blueprint, the foundry business has also become Intel's most important future strategy. Kissinger said in his speech that Intel plans to become the main foundry capacity supplier in the United States and Europe, providing services to global customers. To this end, Intel will invest $20 billion to build two new factories in Arizona, open an independent foundry department and cooperate with third-party foundries.</p><p>It is worth noting that when announcing the cooperation list, Kissinger directly pointed out TSMC,<a href=\"https://laohu8.com/S/SSNLF\">Samsung Electronics</a>And the name of GlobalFoundries, and these three companies are the owners that currently occupy the top three positions in the global chip foundry field. According to data from market research organization Top Industry Research Institute, in the global wafer foundry field, TSMC's market share in the second quarter of 2019 was 49.2%, followed by Samsung with 18.0% share and Grofond with 8.7%.</p><p>According to public information, GlobalFoundries was established in March 2009. Its predecessor was the wafer fab of AMD, Intel's old rival in the US domestic market. Due to years of losses, it was finally sold by AMD. It was established after capital injection by Abu Dhabi Venture Capital Fund (ATIC), specializing in chip foundry business.</p><p>However, in recent years, due to the unsmooth research and development of advanced manufacturing processes, GlobalFoundries has gradually lost in the competition with TSMC and Samsung, and its market share has declined again and again, which has directly led to the shrinkage of its revenue and profit scale, making it even more insufficient funds to invest in the arms race of the chip manufacturing process, thus forming an a vicious circle.</p><p>According to Luo Guozhao, director of the China Laboratory of the CHIP Global Testing Center, although Intel has encountered difficulties in recent years, its stable financial performance is still at the level of a giant; On the other hand, although it is equally weak in cutting-edge manufacturing processes, GlobalFoundries has a stable production capacity supply above 10 nanometers and a market share of nearly 8%.</p><p>In addition, the reporter noticed that in terms of macro policy, at the end of March this year, the U.S. official announced a round of US $50 billion local revitalization plan for the semiconductor industry to invest in chip manufacturing and research and development and accelerate the return of the manufacturing supply chain to the United States. Luo Guozhao said that under this policy, no company with an American background is more suitable for Intel than GlobalFoundries, and if Intel completes the acquisition and starts OEM, it will undoubtedly receive more subsidies from the US $50 billion.</p><p>Ji Wei, a senior semiconductor analyst from Taiwan, also told reporters that through the acquisition of Intel, the United States can have more capital to put pressure on TSMC, thereby forcing TSMC to increase investment in the United States.</p><p>All the above practical factors, Intel, which intends to complete its rise in the foundry field, and GlobalFoundries, which needs to be replenished by funds, can get each other's needs in the transaction, which may be the main reason for the acquisition scandal.</p><p>\"If Intel offers a reasonable price, it's hard to say that the major shareholders in the Middle East will definitely refuse.\" Luo Guozhao said that GlobalFoundries' own will is one thing, but the decision on whether to sell is not in its hands. Therefore, the possibility of acquisition is still high, and at this stage, it will be a win-win decision for both parties.</p><p><b>Catching up with Samsung and TSMC</b></p><p>With the implementation of IDM2.0 strategy, Intel's goal of catching up has become clearer and clearer. If it can successfully capture GlobalFoundries' market share, Intel will have only two rivals ahead, Samsung and TSMC.</p><p>According to the reporter's understanding, although Intel's 7nm has not yet been launched, and Samsung and TSMC have announced that they will enter the 3nm process within the year, in practice, the performance of a chip depends on the number of transistors, so the lower the process technology, the more advanced it is. Because it can accommodate more transistors per unit area. Public information shows that the transistor density of TSMC's 5nm chip is about 173 million units/mm2, the transistor density of Samsung's 3nm chip is about 170 million units/mm2, and the transistor density of Intel's planned 7nm chip has reached 180 million units/mm2 millimeter.</p><p>This also means that although it lags behind two generations of manufacturing processes, the gap between Intel and Samsung and TSMC in terms of technology is much smaller than expected. Once the 7nm technology matures, Intel will also have the strength to surpass Samsung and catch up with TSMC.</p><p>It is particularly noteworthy that the latest financial report for the second quarter of 2021 shows that although TSMC's revenue growth has reached a new high, its profit is slightly worse than expected, and the estimated gross profit margin in the third quarter is not as expected.</p><p>In contrast to the delicate situation, Kissinger also said in an interview with the media a few days ago that Intel will take two years to catch up with TSMC. However, Luo Guozhao believes that Intel will not be TSMC's opponent in the short term. After all, TSMC's 3nm process is still far ahead, and catching up in the manufacturing process is not an overnight achievement. This is why Intel chose to cooperate with TSMC.</p><p>According to TSMC CEO Wei Zhejia, compared with the 5-nanometer process, the 3-nanometer process will increase transistor density by 70%, and mass production may begin in the second half of next year. Foreign media quoted sources as saying,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>And Intel will be the main customers of this production line.</p><p>In Ji Wei's view, Intel still has many problems to solve before surpassing TSMC. Even if it tries to advance the acquisition of GlobalFoundries, if we look at it from the perspective of acquisition resistance, GlobalFoundries has not been in good condition in recent years. In terms of influence, was<a href=\"https://laohu8.com/S/SMI\">SMIC</a>With<a href=\"https://laohu8.com/S/UMC\">UMC</a>Gradually widening the gap cannot shake TSMC. \"GlobalFoundries is still losing money at present. At this time, the acquisition will put some pressure on the financial statements. If Intel really wants to acquire GlobalFoundries, it may have sufficient reasons to convince investors to agree.\" Ji Wei said.</p>","source":"tencent","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>Behind the rumors of acquisition of GlobalFoundries: Intel's chip manufacturing ambitions revealed</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\">\nBehind the rumors of acquisition of GlobalFoundries: Intel's chip manufacturing ambitions revealed\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">中国经营报</strong><span class=\"h-time small\">2021-07-24 10:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A merger and acquisition plan that may be the largest in the global semiconductor industry in recent years has surfaced recently. On July 17, according to the Wall Street Journal citing people familiar with the matter,<a href=\"https://laohu8.com/S/INTC\">Intel</a>It is studying the acquisition of GlobalFoundries (often referred to as \"GlobalFoundries\" in the industry) for US $30 billion (approximately RMB 194 billion), which was once a partner with<a href=\"https://laohu8.com/S/TSM\">TSMC</a>The equally famous global chip manufacturing giant, if this deal goes through, will become Intel's largest acquisition in history.</p><p>However, the rumor was quickly denied by Grofond. On July 19, the CEO of GlobalFoundries stated that the news of negotiating an acquisition with Intel was just speculation, and denied that there had been any acquisition discussions with the former, but would continue to seek to achieve listing through IPO. In this regard, the reporter of China Business News interviewed the person in charge of Intel China, but the other party said that he would not respond to this topic.</p><p>Although this official response quickly cooled the public opinion about this shocking deal that may shake the industry, there is more and more evidence that Intel hopes to make a difference in the field of chip manufacturing. Recently, the British \"Financial Times\" quoted Intel's official statement as confirming that the company is planning to invest US $20 billion (approximately RMB 129.6 billion) to build chip factories in multiple EU member states. The company is currently lobbying to obtain EU support.</p><p>As one of the few leading companies in the global semiconductor industry that has retained its chip manufacturing department, Intel has begun to lag behind TSMC, whose core business is chip manufacturing foundry, in recent years, especially in terms of advanced manufacturing processes. Intel's 7 The nanometer process has not made progress. TSMC recently announced in its quarterly financial report that it has earned 10% of its revenue for nearly three quarters through the 5-nanometer process, and will also trial-produce the 3-nanometer process in the third quarter of this year.</p><p>Under such a gap, whether Intel can finally succeed in the acquisition of GlobalFoundries does not seem to affect the outside world's judgment that it will strive to return to the advanced camp of chip manufacturing, and the competitive landscape of the entire global semiconductor manufacturing field may also be Marked by the rumored incident of Intel's acquisition of GlobalFoundries, it has quietly entered a new trend.</p><p><b>The probability of acquisition remains high</b></p><p>Behind Intel's recent actions, Pat Gelsinger (Pat Gelsinger) is regarded as the central role in promoting this round of decision-making. He officially succeeded his predecessor Bob Swan (Bob Swan) as the company's CEO in February this year. According to the Wall Street Journal, the reason Bob Swan was out is that he fell behind his main competitors because he failed to advance advanced manufacturing processes<a href=\"https://laohu8.com/S/AMD\">AMD</a>Related to.</p><p>Therefore, less than a month after taking office, Kissinger made a high-profile announcement of Intel's \"IDM2.0\" vision. Among them, IDM refers to a semiconductor company covering all aspects from design to manufacturing. Since chip manufacturing requires extremely high capital investment in technology research and development, only a few giant companies have the strength to assume this role. In the field of semiconductor manufacturing, currently only Intel,<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>A few companies pursue the IDM model, while others adopt full-time foundry models such as TSMC.</p><p>In this newly drawn IDM2.0 blueprint, the foundry business has also become Intel's most important future strategy. Kissinger said in his speech that Intel plans to become the main foundry capacity supplier in the United States and Europe, providing services to global customers. To this end, Intel will invest $20 billion to build two new factories in Arizona, open an independent foundry department and cooperate with third-party foundries.</p><p>It is worth noting that when announcing the cooperation list, Kissinger directly pointed out TSMC,<a href=\"https://laohu8.com/S/SSNLF\">Samsung Electronics</a>And the name of GlobalFoundries, and these three companies are the owners that currently occupy the top three positions in the global chip foundry field. According to data from market research organization Top Industry Research Institute, in the global wafer foundry field, TSMC's market share in the second quarter of 2019 was 49.2%, followed by Samsung with 18.0% share and Grofond with 8.7%.</p><p>According to public information, GlobalFoundries was established in March 2009. Its predecessor was the wafer fab of AMD, Intel's old rival in the US domestic market. Due to years of losses, it was finally sold by AMD. It was established after capital injection by Abu Dhabi Venture Capital Fund (ATIC), specializing in chip foundry business.</p><p>However, in recent years, due to the unsmooth research and development of advanced manufacturing processes, GlobalFoundries has gradually lost in the competition with TSMC and Samsung, and its market share has declined again and again, which has directly led to the shrinkage of its revenue and profit scale, making it even more insufficient funds to invest in the arms race of the chip manufacturing process, thus forming an a vicious circle.</p><p>According to Luo Guozhao, director of the China Laboratory of the CHIP Global Testing Center, although Intel has encountered difficulties in recent years, its stable financial performance is still at the level of a giant; On the other hand, although it is equally weak in cutting-edge manufacturing processes, GlobalFoundries has a stable production capacity supply above 10 nanometers and a market share of nearly 8%.</p><p>In addition, the reporter noticed that in terms of macro policy, at the end of March this year, the U.S. official announced a round of US $50 billion local revitalization plan for the semiconductor industry to invest in chip manufacturing and research and development and accelerate the return of the manufacturing supply chain to the United States. Luo Guozhao said that under this policy, no company with an American background is more suitable for Intel than GlobalFoundries, and if Intel completes the acquisition and starts OEM, it will undoubtedly receive more subsidies from the US $50 billion.</p><p>Ji Wei, a senior semiconductor analyst from Taiwan, also told reporters that through the acquisition of Intel, the United States can have more capital to put pressure on TSMC, thereby forcing TSMC to increase investment in the United States.</p><p>All the above practical factors, Intel, which intends to complete its rise in the foundry field, and GlobalFoundries, which needs to be replenished by funds, can get each other's needs in the transaction, which may be the main reason for the acquisition scandal.</p><p>\"If Intel offers a reasonable price, it's hard to say that the major shareholders in the Middle East will definitely refuse.\" Luo Guozhao said that GlobalFoundries' own will is one thing, but the decision on whether to sell is not in its hands. Therefore, the possibility of acquisition is still high, and at this stage, it will be a win-win decision for both parties.</p><p><b>Catching up with Samsung and TSMC</b></p><p>With the implementation of IDM2.0 strategy, Intel's goal of catching up has become clearer and clearer. If it can successfully capture GlobalFoundries' market share, Intel will have only two rivals ahead, Samsung and TSMC.</p><p>According to the reporter's understanding, although Intel's 7nm has not yet been launched, and Samsung and TSMC have announced that they will enter the 3nm process within the year, in practice, the performance of a chip depends on the number of transistors, so the lower the process technology, the more advanced it is. Because it can accommodate more transistors per unit area. Public information shows that the transistor density of TSMC's 5nm chip is about 173 million units/mm2, the transistor density of Samsung's 3nm chip is about 170 million units/mm2, and the transistor density of Intel's planned 7nm chip has reached 180 million units/mm2 millimeter.</p><p>This also means that although it lags behind two generations of manufacturing processes, the gap between Intel and Samsung and TSMC in terms of technology is much smaller than expected. Once the 7nm technology matures, Intel will also have the strength to surpass Samsung and catch up with TSMC.</p><p>It is particularly noteworthy that the latest financial report for the second quarter of 2021 shows that although TSMC's revenue growth has reached a new high, its profit is slightly worse than expected, and the estimated gross profit margin in the third quarter is not as expected.</p><p>In contrast to the delicate situation, Kissinger also said in an interview with the media a few days ago that Intel will take two years to catch up with TSMC. However, Luo Guozhao believes that Intel will not be TSMC's opponent in the short term. After all, TSMC's 3nm process is still far ahead, and catching up in the manufacturing process is not an overnight achievement. This is why Intel chose to cooperate with TSMC.</p><p>According to TSMC CEO Wei Zhejia, compared with the 5-nanometer process, the 3-nanometer process will increase transistor density by 70%, and mass production may begin in the second half of next year. Foreign media quoted sources as saying,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>And Intel will be the main customers of this production line.</p><p>In Ji Wei's view, Intel still has many problems to solve before surpassing TSMC. Even if it tries to advance the acquisition of GlobalFoundries, if we look at it from the perspective of acquisition resistance, GlobalFoundries has not been in good condition in recent years. In terms of influence, was<a href=\"https://laohu8.com/S/SMI\">SMIC</a>With<a href=\"https://laohu8.com/S/UMC\">UMC</a>Gradually widening the gap cannot shake TSMC. \"GlobalFoundries is still losing money at present. At this time, the acquisition will put some pressure on the financial statements. If Intel really wants to acquire GlobalFoundries, it may have sufficient reasons to convince investors to agree.\" Ji Wei said.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021072410404779d73bc6&s=b\">中国经营报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/03e38a3a3c63bd5a9d8d8ca2d384d1c5","relate_stocks":{"159813":"芯片","INTC":"英特尔","03086":"华夏纳指","09086":"华夏纳指-U"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021072410404779d73bc6&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2153133933","content_text":"一桩也许是近年来全球半导体业内最大的并购计划日前浮出水面。7月17日，据《华尔街日报》援引知情人士透露，英特尔正在研究以300亿美元（约合人民币1940亿元）的价格收购格罗方德（业界常简称为“格芯”），后者曾是与台积电齐名的全球芯片制造巨头，如果该笔交易成行，将成为英特尔有史以来最大的一笔收购。\n不过，传闻很快遭到格罗方德否认。7月19日，格罗方德CEO出面表示，与英特尔洽谈收购的消息只是推测而已，并否认与前者展开过收购方面的讨论，而是会继续寻求通过IPO方式实现上市。对此，《中国经营报》记者采访了英特尔中国区负责人，但对方表示对此话题不作回应。\n这一官方回应虽然迅速冷却了这笔有可能震动业界的惊天交易的舆论热度，但已有越来越多的证据显示，英特尔期冀在芯片制造领域有所作为。近日，英国《金融时报》引述英特尔官方说法证实，该公司正在计划投资200亿美元（约合人民币1296亿元）在多个欧盟成员国建造芯片工厂，目前该公司正在进行游说工作，以获得欧盟方面的支持。\n作为目前全球半导体产业中为数不多保留了芯片制造部门的龙头公司，英特尔近年来却在造芯环节开始落后于以芯片制造代工为核心业务的台积电，尤其是在先进制程方面，英特尔的7纳米工艺迟迟没有进展，台积电日前则在季度财报上宣布已通过5纳米工艺赚取了近三个季度10%的营收，同时还将在今年三季度试产3纳米工艺。\n如此差距之下，英特尔能否在收购格芯的进程中最终得手，似乎都已不影响外界对其将奋力重回芯片制造先进阵营的判断，而整个全球半导体制造领域的竞争格局，或也将以此次英特尔收购格芯传闻事件为标志，悄然进入新的态势。\n收购概率依然很高\n在英特尔近期连番动作背后，帕特·基辛格（Pat Gelsinger）被视为推动该轮决策的核心角色，他在今年2月正式接替了前任鲍勃·斯旺（Bob Swan）出任该公司的CEO。而据《华尔街日报》报道，鲍勃·斯旺出局的原因，正与其在推进先进制程方面不力导致落后主要竞争对手AMD有关。\n因此，履新不到一个月后，基辛格便高调对外宣布了英特尔的“IDM2.0”愿景。其中，IDM意指涵盖从设计到制造所有环节的半导体公司，由于芯片制造需要极高的资本投入技术研发，因此只有极少数巨头公司才有这一实力承担这一角色。在半导体制造领域，目前全球只有英特尔、三星等少数几家公司奉行IDM模式，其他则都采用台积电一类的专职代工模式。\n而在这张新绘制的IDM2.0蓝图中，代工业务也成为英特尔最重要的未来战略，基辛格在演讲中表示，英特尔计划成为美国和欧洲的主要代工产能供应商，为全球客户提供服务。为此，英特尔将投资200亿美元在亚利桑那州新建两家工厂、开设独立代工事务部门以及与第三方代工厂商进行合作。\n值得注意的是，在宣布合作名单时，基辛格直接点出了台积电、三星电子以及格罗方德的名字，而这三家企业正是占据目前全球芯片代工领域前三把交椅的主人。市场调研机构拓墣产业研究院数据显示，在全球晶圆代工领域，2019年第二季度台积电的市场份额为49.2%，紧随其后的为拥有18.0%份额的三星和8.7%的格罗方德。\n公开信息显示，格罗方德成立于2009年3月，其前身是英特尔在美国本土市场的老对手AMD的晶圆厂，因为连年亏损，最终被AMD脱手，经阿联酋阿布扎比创投基金 (ATIC) 注资后成立，专营芯片代工业务。\n但近年来，由于先进制程研发的进程并不顺利，格罗方德在与台积电、三星的竞争中逐渐败下阵来，市场份额一再下降，这也直接导致了其营收与利润规模的萎缩，使其更无足够的资金投入到芯片制程的军备竞赛上，从而形成恶性循环。\n在CHIP全球测试中心中国实验室主任罗国昭看来，英特尔虽然近年来遭遇困境，但稳定的财务表现仍是巨头级别；另一方面，虽然在尖端制程上同样乏力，但格罗方德在10纳米以上有稳定的产能供应与近8%的市场份额。\n此外，记者注意到，宏观政策上，今年3月底，美国官方公布了一轮规模达500亿美元的半导体产业本土振兴计划，用以投入芯片制造与研发，加速制造供应链重返美国。罗国昭表示，在这一政策下，没有比格罗方德这一美国背景的公司更适合英特尔，而英特尔如果完成收购并发力代工，无疑也能从500亿美元中获得更多的补贴。\n来自中国台湾的半导体资深分析师季维也向记者表示，美国透过英特尔这一收购案，能拥有更多向台积电施压的资本，以此逼迫台积电加大在美国的投资。\n以上种种现实因素，意欲在代工领域完成崛起的英特尔，以及需要资金补充的格罗方德，双方能够在交易中互取所需，这或许是收购绯闻传出的主要原因。\n“各取所需下，如果英特尔给出一个合理的价格，很难说中东的大股东就一定会拒绝。”罗国昭表示，格罗方德自身的意愿是一回事，但是否出售的决定权并不在其手中。因此，收购的可能性依然很高，而且在现阶段而言，这对双方都会是一个双赢的决定。\n赶超三星、台积电\n随着IDM2.0战略的践行，英特尔发力追赶的目标也已越来越清晰。如果能够成功吃下格罗方德的市场份额，英特尔前方将会只剩下三星与台积电两个对手。\n据记者了解，虽然目前英特尔的7纳米尚未推出，而三星、台积电均已宣布年内进军3纳米制程，但在实际中，一款芯片的性能取决于晶体管的数量，所以制程工艺越低越先进，因为单位面积内能容纳更多数量的晶体管。而公开信息显示，台积电5纳米芯片晶体管密度约为1.73亿颗/平方毫米，三星3纳米芯片晶体管密度约为1.7亿颗/平方毫米，英特尔规划中的7纳米芯片则达到了1.8亿颗/平方毫米。\n这也意味着，虽然落后两代制程，但英特尔在工艺方面与三星、台积电的差距比想象中要小得多，一旦7纳米技术成熟，英特尔也将有超越三星直追台积电的实力。\n尤其值得注意的是，最新的2021年二季度财报显示，虽然台积电营收增长再创新高，但获利略逊于预期，第三季预估的毛利率也不如预期。\n微妙的形势对比下，基辛格也在日前接受媒体采访时表示，英特尔将花两年时间赶上台积电。不过，罗国昭认为，短期内英特尔还不会是台积电的对手，毕竟台积电的3纳米工艺还是遥遥领先，而且制程方面的赶超不是朝夕之功，这也是英特尔选择与台积电合作的原因。\n据台积电CEO魏哲家此前透露，同5纳米工艺相比，3纳米工艺将使晶体管密度提升70%，并可能在明年下半年开始量产。外媒援引消息人士透露，苹果与英特尔将会是这一产线的主要客户。\n而在季维看来，在超过台积电之前，英特尔要解决的问题还有很多，即使其试图推进收购格罗方德，如果从收购阻力层面观察，格罗方德这几年的状况欠佳，在影响力上，被中芯国际与联电逐渐拉开差距，更无法撼动台积电。“格罗方德目前也还存在亏损，此时收购会在财务报表上造成一些压力，英特尔若真要收购格罗方德，可能要有充分的理由说服投资人同意。”季维表示。","news_type":1,"symbols_score_info":{"159813":0.9,"INTC":0.9,"03086":0.9,"09086":0.9}},"isVote":1,"tweetType":1,"viewCount":2313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121792572,"gmtCreate":1624491834696,"gmtModify":1703838078769,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121792572","repostId":"2145139750","repostType":4,"repost":{"id":"2145139750","kind":"news","pubTimestamp":1624472100,"share":"https://ttm.financial/m/news/2145139750?lang=en_US&edition=fundamental","pubTime":"2021-06-24 02:15","market":"hk","language":"zh","title":"Commentary: Bitcoin's Death Cross may just be a short trap","url":"https://stock-news.laohu8.com/highlight/detail?id=2145139750","media":"新浪财经","summary":"彭博图表专家赵力表示，比特币的螺旋式下跌可能已经接近尾声。\n　　比特币本周短暂跌破3万美元大关，为2021年以来首次跌破该关口，并且几乎抹去了今年的所有涨幅。从4月份高点下跌超过50%之后，比特币的50日移动均线已经跌破200日移动均线，形成所谓死亡交叉的技术信号。\n　　自2010年以来，比特币已经有7次出现死亡交叉。平均而言，比特币在其后50天里回报率为34%，盈亏比率为5：2。\n\n\n海量资讯、精准解读，尽在新浪财经APP\n\n责任编辑：张玉洁 SF107","content":"<p>Bloomberg charts expert Li Zhao said Bitcoin's downward spiral may be nearing its end.</p><p>Bitcoin briefly fell below the $30,000 mark this week, the first time it has fallen below it since 2021, and nearly wiped out all of its gains this year. After falling more than 50% from the April high, Bitcoin's 50-day moving average has fallen below its 200-day moving average, forming a technical signal of the so-called death cross.</p><p>Since 2010, there have been seven death crosses in Bitcoin. On average, Bitcoin's return rate in the next 50 days is 34%, with a profit-loss ratio of 5: 2.</p>","source":"sina","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>Commentary: Bitcoin's Death Cross may just be a short trap</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\">\nCommentary: Bitcoin's Death Cross may just be a short trap\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-06-24 02:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bloomberg charts expert Li Zhao said Bitcoin's downward spiral may be nearing its end.</p><p>Bitcoin briefly fell below the $30,000 mark this week, the first time it has fallen below it since 2021, and nearly wiped out all of its gains this year. After falling more than 50% from the April high, Bitcoin's 50-day moving average has fallen below its 200-day moving average, forming a technical signal of the so-called death cross.</p><p>Since 2010, there have been seven death crosses in Bitcoin. On average, Bitcoin's return rate in the next 50 days is 34%, with a profit-loss ratio of 5: 2.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-06-24/doc-ikqcfnca2843806.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b73a4391d6b8bf3291eb4d137bd1dfc3","relate_stocks":{"CAN":"嘉楠科技","EBON":"亿邦国际"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-06-24/doc-ikqcfnca2843806.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2145139750","content_text":"彭博图表专家赵力表示，比特币的螺旋式下跌可能已经接近尾声。\n比特币本周短暂跌破3万美元大关，为2021年以来首次跌破该关口，并且几乎抹去了今年的所有涨幅。从4月份高点下跌超过50%之后，比特币的50日移动均线已经跌破200日移动均线，形成所谓死亡交叉的技术信号。\n自2010年以来，比特币已经有7次出现死亡交叉。平均而言，比特币在其后50天里回报率为34%，盈亏比率为5：2。","news_type":1,"symbols_score_info":{"CAN":0.9,"BTCmain":0.9,"EBON":0.9,"XBTmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1903,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104902389,"gmtCreate":1620348111741,"gmtModify":1704342286426,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104902389","repostId":"1148265462","repostType":4,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178373945,"gmtCreate":1626789759687,"gmtModify":1703765262656,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"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/178373945","repostId":"2152695265","repostType":4,"isVote":1,"tweetType":1,"viewCount":1558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166596182,"gmtCreate":1624016028646,"gmtModify":1703826613329,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"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/166596182","repostId":"1118210144","repostType":4,"isVote":1,"tweetType":1,"viewCount":1909,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811591775,"gmtCreate":1630331061197,"gmtModify":1676530271372,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"66666666","listText":"66666666","text":"66666666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811591775","repostId":"2163007700","repostType":4,"repost":{"id":"2163007700","kind":"highlight","pubTimestamp":1630320517,"share":"https://ttm.financial/m/news/2163007700?lang=en_US&edition=fundamental","pubTime":"2021-08-30 18:48","market":"hk","language":"zh","title":"Earn nearly 700 million a day! Three barrels of oil delivered the best answer in seven years in the first half of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2163007700","media":"格隆汇","summary":"在需求增加和油价上行的拉动下，“三桶油”实现油气产量、价格双双增长。","content":"<p>Recently,<a href=\"https://laohu8.com/S/601857\">PetroChina</a>、<a href=\"https://laohu8.com/S/600028\">Sinopec</a>、<a href=\"https://laohu8.com/S/00883\">CNOOC</a>In the first half of 2021, the \"three barrels of oil\" added up to nearly 700 million per day, the best level for the same period in seven years.</p><p><img src=\"https://static.tigerbbs.com/90074fcf5007d85e47620889c3f80903\" tg-width=\"900\" tg-height=\"500\" referrerpolicy=\"no-referrer\">On the morning of August 30, Sinopec held a 2021 interim results briefing.</p><p>The meeting showed that Sinopec achieved operating income of 1.26 trillion yuan in the first half of the year, a year-on-year increase of 22.12%; The net profit attributable to the parent turned a loss into a profit from a loss of 22.882 billion yuan in the same period last year, reaching 39.153 billion yuan.</p><p>So far, all the \"answer sheets\" of \"three barrels of oil\" performance in the first half of the year have been handed over.</p><p>In addition to Sinopec, the other two companies of the \"three barrels of oil\"-PetroChina and CNOOC also showed outstanding financial reports.</p><p>In the first half of 2021, PetroChina achieved operating income of 1.20 trillion yuan, a year-on-year increase of 28.80%; The net profit attributable to the parent turned a loss into a profit, reaching 53.036 billion yuan. CNOOC achieved operating income of 17.027 billion yuan, a year-on-year increase of 47.68%; Net profit was 5.159 billion yuan, a year-on-year increase of 221.00%.</p><p>According to the Securities Times, the \"three barrels of oil\" achieved a total net profit of 125.518 billion yuan in the first half of 2021, with a daily profit of about 693 million yuan, the best level for the same period in the past seven years.<img src=\"https://static.tigerbbs.com/82005c210539543650c192bc45e3f958\" tg-width=\"686\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>According to Sinopec's semi-annual report, an important reason for the growth in performance in the first half of the year is the increase in oil and gas demand<a href=\"https://laohu8.com/S/00001\">Changhe</a>International oil prices are rising.</p><p>In the first half of 2021, the global economy gradually recovered, and China's economy continued to recover steadily, with GDP growing by 12.7% year-on-year. Domestic oil and gas demand is growing rapidly, with the apparent consumption of natural gas and refined oil products increasing by 17.5% and 5.7% year-on-year.</p><p>At the same time, international crude oil prices continued to fluctuate upward. The average spot price of Platts Brent crude oil was US $65.23/barrel, a year-on-year increase of 62.8%.</p><p><img src=\"https://static.tigerbbs.com/3c9800e55d980d55c18dd8b5fb00af46\" tg-width=\"830\" tg-height=\"512\" referrerpolicy=\"no-referrer\"></p><p>In the first half of the year, the price trend of domestic refined oil products was basically consistent with the changes of oil prices in the international market. The state has adjusted domestic gasoline and diesel prices 10 times. The price of gasoline standard products has been increased by a total of 1,405 yuan/ton, and the price of diesel standard products has been increased by a total of 1,355 yuan/ton.</p><p>Driven by increased demand and rising oil prices, \"three barrels of oil\" have achieved growth in both oil and gas production and prices.</p><p>Among them, Sinopec's total sales volume of refined oil products reached 109 million tons, a year-on-year increase of 2%; The sales of natural gas were 14.8 billion cubic meters, 11.4% year-on-year, and the average sales price was 1,521 yuan/thousand cubic meters, a year-on-year increase of 11.1%.</p><p>PetroChina's refined oil sales reached 80.339 million tons, a year-on-year increase of 4.9%; Natural gas sales increased by 11.9% year-on-year, and prices increased by 22.6% year-on-year.</p><p>It is worth noting that the \"three barrels of oil\" are all investing more and deploying new energy businesses in response to the \"dual carbon policy\".</p><p><img src=\"https://static.tigerbbs.com/5704fc9aba53386628b581843ed21dd5\" tg-width=\"500\" tg-height=\"333\" referrerpolicy=\"no-referrer\"></p><p>Sinopec disclosed at the performance briefing on August 30 that the company has proposed the goal of building China's No. 1 hydrogen energy company. In the future, it will accelerate the development of the hydrogen energy industry as the core business of the company's new energy, promote the construction of hydrogen refueling stations and oil. Construction of hydrogen joint stations to develop hydrogen production from renewable energy. Ma Yongsheng, President of Sinopec, answered a question from a reporter from Shanghai Securities News at the briefing meeting, saying that the company has built a total of 20 hydrogen refueling stations, 10 are under construction, 30 are ready to start construction, and 20 are approved for construction, mainly concentrated in Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta, Shandong, Henan, Sichuan and Chongqing, Central China and other key areas.</p><p>PetroChina also disclosed in its semi-annual report that it will optimize the structure of oil and gas products, strengthen natural gas exploration and development, actively implement the national overall work arrangement of \"carbon peaking and carbon neutrality\", organize the preparation of the \"dual carbon\" target action plan, and continue to carry out natural gas venting Recycling, accelerate the implementation of new energy projects, actively explore the construction of carbon storage bases, increase research on carbon dioxide recycling and transportation technology, promote \"rooftop photovoltaic\" pilot projects, and plan the transformation of \"zero carbon\" storage stations.</p><p>CNOOC also announced the launch of a carbon neutrality plan, the establishment of a new energy ministry, the promotion of shore power projects, and the improvement of oil and gas field production levels. Chairman Wang Dongjin said at the interim results conference on August 19 that during the \"14th Five-Year Plan\" period, CNOOC plans to acquire no less than 5 million kilowatts of onshore photovoltaic and wind power resources, and its business investment accounts for about 5% of the company's total investment.%-10%. At the same time, the company plans to increase the proportion of natural gas in total oil and gas production from the current 20% to 35%.</p><p>On August 30, the stock prices of \"three barrels of oil\" rose one after another. As of the close, Hong Kong stocks<a href=\"https://laohu8.com/S/00386\">Sinopec Corporation</a>It rose more than 5%, A-shares Sinopec and PetroChina rose 1.95% and 2.75% respectively, and Hong Kong stocks CNOOC rose 0.78%.</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>Earn nearly 700 million a day! Three barrels of oil delivered the best answer in seven years in the first half of 2021</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\">\nEarn nearly 700 million a day! Three barrels of oil delivered the best answer in seven years in the first half of 2021\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\">2021-08-30 18:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Recently,<a href=\"https://laohu8.com/S/601857\">PetroChina</a>、<a href=\"https://laohu8.com/S/600028\">Sinopec</a>、<a href=\"https://laohu8.com/S/00883\">CNOOC</a>In the first half of 2021, the \"three barrels of oil\" added up to nearly 700 million per day, the best level for the same period in seven years.</p><p><img src=\"https://static.tigerbbs.com/90074fcf5007d85e47620889c3f80903\" tg-width=\"900\" tg-height=\"500\" referrerpolicy=\"no-referrer\">On the morning of August 30, Sinopec held a 2021 interim results briefing.</p><p>The meeting showed that Sinopec achieved operating income of 1.26 trillion yuan in the first half of the year, a year-on-year increase of 22.12%; The net profit attributable to the parent turned a loss into a profit from a loss of 22.882 billion yuan in the same period last year, reaching 39.153 billion yuan.</p><p>So far, all the \"answer sheets\" of \"three barrels of oil\" performance in the first half of the year have been handed over.</p><p>In addition to Sinopec, the other two companies of the \"three barrels of oil\"-PetroChina and CNOOC also showed outstanding financial reports.</p><p>In the first half of 2021, PetroChina achieved operating income of 1.20 trillion yuan, a year-on-year increase of 28.80%; The net profit attributable to the parent turned a loss into a profit, reaching 53.036 billion yuan. CNOOC achieved operating income of 17.027 billion yuan, a year-on-year increase of 47.68%; Net profit was 5.159 billion yuan, a year-on-year increase of 221.00%.</p><p>According to the Securities Times, the \"three barrels of oil\" achieved a total net profit of 125.518 billion yuan in the first half of 2021, with a daily profit of about 693 million yuan, the best level for the same period in the past seven years.<img src=\"https://static.tigerbbs.com/82005c210539543650c192bc45e3f958\" tg-width=\"686\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>According to Sinopec's semi-annual report, an important reason for the growth in performance in the first half of the year is the increase in oil and gas demand<a href=\"https://laohu8.com/S/00001\">Changhe</a>International oil prices are rising.</p><p>In the first half of 2021, the global economy gradually recovered, and China's economy continued to recover steadily, with GDP growing by 12.7% year-on-year. Domestic oil and gas demand is growing rapidly, with the apparent consumption of natural gas and refined oil products increasing by 17.5% and 5.7% year-on-year.</p><p>At the same time, international crude oil prices continued to fluctuate upward. The average spot price of Platts Brent crude oil was US $65.23/barrel, a year-on-year increase of 62.8%.</p><p><img src=\"https://static.tigerbbs.com/3c9800e55d980d55c18dd8b5fb00af46\" tg-width=\"830\" tg-height=\"512\" referrerpolicy=\"no-referrer\"></p><p>In the first half of the year, the price trend of domestic refined oil products was basically consistent with the changes of oil prices in the international market. The state has adjusted domestic gasoline and diesel prices 10 times. The price of gasoline standard products has been increased by a total of 1,405 yuan/ton, and the price of diesel standard products has been increased by a total of 1,355 yuan/ton.</p><p>Driven by increased demand and rising oil prices, \"three barrels of oil\" have achieved growth in both oil and gas production and prices.</p><p>Among them, Sinopec's total sales volume of refined oil products reached 109 million tons, a year-on-year increase of 2%; The sales of natural gas were 14.8 billion cubic meters, 11.4% year-on-year, and the average sales price was 1,521 yuan/thousand cubic meters, a year-on-year increase of 11.1%.</p><p>PetroChina's refined oil sales reached 80.339 million tons, a year-on-year increase of 4.9%; Natural gas sales increased by 11.9% year-on-year, and prices increased by 22.6% year-on-year.</p><p>It is worth noting that the \"three barrels of oil\" are all investing more and deploying new energy businesses in response to the \"dual carbon policy\".</p><p><img src=\"https://static.tigerbbs.com/5704fc9aba53386628b581843ed21dd5\" tg-width=\"500\" tg-height=\"333\" referrerpolicy=\"no-referrer\"></p><p>Sinopec disclosed at the performance briefing on August 30 that the company has proposed the goal of building China's No. 1 hydrogen energy company. In the future, it will accelerate the development of the hydrogen energy industry as the core business of the company's new energy, promote the construction of hydrogen refueling stations and oil. Construction of hydrogen joint stations to develop hydrogen production from renewable energy. Ma Yongsheng, President of Sinopec, answered a question from a reporter from Shanghai Securities News at the briefing meeting, saying that the company has built a total of 20 hydrogen refueling stations, 10 are under construction, 30 are ready to start construction, and 20 are approved for construction, mainly concentrated in Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta, Shandong, Henan, Sichuan and Chongqing, Central China and other key areas.</p><p>PetroChina also disclosed in its semi-annual report that it will optimize the structure of oil and gas products, strengthen natural gas exploration and development, actively implement the national overall work arrangement of \"carbon peaking and carbon neutrality\", organize the preparation of the \"dual carbon\" target action plan, and continue to carry out natural gas venting Recycling, accelerate the implementation of new energy projects, actively explore the construction of carbon storage bases, increase research on carbon dioxide recycling and transportation technology, promote \"rooftop photovoltaic\" pilot projects, and plan the transformation of \"zero carbon\" storage stations.</p><p>CNOOC also announced the launch of a carbon neutrality plan, the establishment of a new energy ministry, the promotion of shore power projects, and the improvement of oil and gas field production levels. Chairman Wang Dongjin said at the interim results conference on August 19 that during the \"14th Five-Year Plan\" period, CNOOC plans to acquire no less than 5 million kilowatts of onshore photovoltaic and wind power resources, and its business investment accounts for about 5% of the company's total investment.%-10%. At the same time, the company plans to increase the proportion of natural gas in total oil and gas production from the current 20% to 35%.</p><p>On August 30, the stock prices of \"three barrels of oil\" rose one after another. As of the close, Hong Kong stocks<a href=\"https://laohu8.com/S/00386\">Sinopec Corporation</a>It rose more than 5%, A-shares Sinopec and PetroChina rose 1.95% and 2.75% respectively, and Hong Kong stocks CNOOC rose 0.78%.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.gelonghui.com/p/483735\">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/154f468d2e230d7341262184a2d804cd","relate_stocks":{"UNG":"美国天然气基金","DGAZ":"三倍做空天然气ETN(VelocityShares)","UGAZ":"三倍做多天然气ETN(VelocityShares)"},"source_url":"http://www.gelonghui.com/p/483735","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"2163007700","content_text":"近日，中国石油、中国石化、中国海洋石油等纷纷披露上半年业绩，2021年上半年，“三桶油”加起来日赚近7亿，创下七年同期最好水平。\n8月30日上午，中国石化举行2021年中期业绩说明会。\n会议显示，中国石化上半年实现营业收入1.26万亿元，同比增长22.12%；而归母净利润则从去年同期亏损的228.82亿元扭亏为盈，达到391.53亿元。\n至此，“三桶油”上半年业绩“答卷”已全部交出。\n除了中国石化外，“三桶油”的另两家企业——中国石油和中国海洋石油同样也展示出了亮眼的财报。\n2021年上半年，中国石油实现营业收入1.20万亿元，同比增长28.80%；归母净利润扭亏为盈，达到530.36亿元。中国海洋石油则实现营业收入170.27亿元，同比增长47.68%；净利润51.59亿元，同比增长221.00%。\n据证券时报报道，“三桶油”2021年上半年合计实现净利润1255.18亿元，日赚约6.93亿元，创下近七年以来同期最好水平。\n据中国石化半年报披露，上半年业绩增长的重要原因在于油气需求增长和国际油价上行。\n2021年上半年，全球经济逐步复苏，中国经济持续稳定恢复，国内生产总值同比增长12.7%。境内油气需求快速增长，其中天然气和成品油的表观消费量同比增长17.5%和5.7%。\n同时，国际原油价格持续震荡上行，普氏布伦特原油现货均价为65.23美元/桶，同比上涨62.8%。\n\n上半年国内成品油的价格走势与国际市场油价变化基本趋于一致。国家10次调整国内汽油、柴油价格，汽油标准品价格累计上调 1405 元/吨，柴油标准品价格累计上调 1355 元/吨。\n在需求增加和油价上行的拉动下，“三桶油”实现油气产量、价格双双增长。\n其中，中国石化成品油总经销量达1.09亿吨，同比增长2%；销售天然气 148 亿立方米，同比 11.4%，销售均价1521元/千立方米，同比增长11.1%。\n中国石油成品油销量达8033.9万吨，同比增长4.9%；天然气销量同比增长11.9%，价格同比增长22.6%。\n值得注意的是，“三桶油”均在投资加码，为响应“双碳政策”布局新能源业务。\n\n中国石化在8月30日的业绩说明会上披露，公司已提出建设中国第一氢能公司的目标，未来将把氢能产业作为公司新能源的核心业务加快发展，推进加氢站建设及油氢合建站建设，发展可再生能源制氢。中国石化总裁马永生在说明会上答上海证券报记者问称，公司已累计建成加氢站20座，在建10座，准备开工30座，审批报建20座，主要集中在京津冀、长三角、珠三角、山东、河南、川渝、华中等重点地区。\n中国石油也在半年报中披露，将优化油气产品结构，加强天然气勘探开发，积极落实国家“碳达峰、碳中和”整体工作安排，组织编制“双碳”目标行动计划，持续开展放空天然气回收，加快新能源项目的实施落地，积极探索碳封存基地建设，加大对二氧化碳回收利用和运输技术研究，推进“屋顶光伏” 试点、规划“零碳”库站转型。\n而中国海洋石油同样宣布启动碳中和规划，成立新能源部，推进岸电工程，提高油气田生产水平。董事长汪东进在8月19日中期业绩发布会上表示，“十四五”期间，中国海油计划获取陆上光伏和风电资源不低于500万千瓦，业务投资占比约为公司总投资的5%-10%。同时，公司计划将天然气占油气总产量的比例从目前的20%提升至35%。\n8月30日，“三桶油”股价纷纷上涨。截至收盘，港股中国石油化工股份大涨超5%，A股中国石化和中国石油分别上涨1.95%和2.75%，港股中国海洋石油上涨0.78%。","news_type":1,"symbols_score_info":{"QGmain":0.9,"UNG":0.9,"DGAZ":0.9,"NGmain":0.9,"UGAZ":0.9}},"isVote":1,"tweetType":1,"viewCount":1175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834210537,"gmtCreate":1629805691429,"gmtModify":1676530136540,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"66666","listText":"66666","text":"66666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834210537","repostId":"1157355451","repostType":4,"repost":{"id":"1157355451","kind":"news","pubTimestamp":1629799640,"share":"https://ttm.financial/m/news/1157355451?lang=en_US&edition=fundamental","pubTime":"2021-08-24 18:07","market":"sh","language":"zh","title":"After Ant Group's solemn statement, listing will still be far away","url":"https://stock-news.laohu8.com/highlight/detail?id=1157355451","media":"BT财经","summary":"蚂蚁集团估值一度碾压五大银行，如上市将成为全球最大的IPO，但却在2020年底被暂停上市，最近更曝出有落马官员入股的传言。\n\n8月21日，中央纪委国家监委网站公布了对杭州市委书记、浙江省省委常委周江勇","content":"<p>The valuation of Ant Group once crushed the five major banks. If it goes public, it will become the world's largest IPO, but it was suspended from listing at the end of 2020. Recently, rumors of fallen officials taking shares have been exposed.<b>On August 21st, the website of the State Supervision Commission of the Central Commission for Discipline Inspection published the examination notice of Zhou Jiangyong, secretary of Hangzhou Municipal Party Committee and member of the Standing Committee of Zhejiang Provincial Party Committee.</b>At the same time, it was also announced that Hangzhou's political and business relations would be cleaned up and rectified.</p><p>There are rumors that Zhou participated in a \"surprise\" shareholding before a company's IPO. Ant Group urgently refuted the rumors after the incident. Some netizens joked: \"If you don't refute the rumors, you won't think of who it is.\"</p><p><img src=\"https://static.tigerbbs.com/9d98e7768f8401f1a59411d6dcb21cbc\" tg-width=\"566\" tg-height=\"415\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>It can be seen from the solemn statement of Ant Group that the content of Ant Group's rumors is mainly rumors that Ant Group had violations of relevant personnel's sudden acquisition of shares during the previous IPO issuance process, and stated that Ant Group will use legal means to safeguard itself. legitimate rights and interests, claiming to pursue the criminal responsibility of rumor mongers.</p><p>It should be noted that before Ant Group refuted the rumors, the public knew little about the so-called rumors, and<b>Ant Group's solemn statement made this matter even worse. Ant Group's statement even brought many questions about \"there is no silver here\"</b>。</p><p><img src=\"https://static.tigerbbs.com/71d8e8e35e0d5bfbf7c8b5712494bbd0\" tg-width=\"640\" tg-height=\"1172\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><b>Climb high and fall badly</b></p><p>Ant Group was once valued at as much as 3.6 trillion Hong Kong dollars, equivalent to as much as 3 trillion yuan. Once it is successfully listed, it will set a new record for the world's largest IPO and surpass Kweichow Moutai to become the king of A shares. During the same period, the market value of Industrial and Commercial Bank of China was only about half of that of Ant Group, only 1.6 trillion yuan, and the market value of Agricultural Bank of China was about one-third of it. For a time, Ant Group became the focus of heated discussion. Why can Ant Group have a higher market value than the five major banks?</p><p>Sorting out the business content of Ant Group, it can be roughly divided into the following sections. The first section is the payment function that everyone is familiar with and has been using. It is now called digital payment and merchant service. This is the earliest digital payment of Ali Group, of which Alipay Accounted for 36% of Ant Group's total revenue, with revenue reaching 26 billion yuan.</p><p>The highlight of Ant Group's business is the second section, digital financial technology services, which sells technical service fees. The main customers are not individuals, but financial institutions such as banks, securities, fund companies, trust companies, and insurance companies. This section once occupied The bulk of the total revenue of Ant Group was as high as 60% in the first half of 2020, about 46 billion yuan.</p><p>The third business is innovation business and others. Including high-end technologies such as innovative blockchain and database, some big data technologies used to help banks verify the loan credit of small and micro enterprises, and some projects like Ant Forest.</p><p>What makes it possible for Ant Group to surpass Maotai to become the king of A-shares and become the largest IPO in history is the intellectual property rights of Ant Group. Technical awards, these are the keys to Ant Group's recognition. As for patents and trademarks, there are 26,279 and 8,569 respectively, and 40 countries and regions around the world. It also owns 369 non-design and trade secrets, 3,927 domain names, and 677 copyrights. These intellectual properties are top technology companies both domestically and globally.</p><p>Many investors are full of expectations for the listing of Ant Group, especially the employees of Ant Group who dream of the day they will get rich overnight. However, an announcement by the Shanghai Stock Exchange on November 3, 2020 shattered these people's dreams. The announcement stated that \"the actual controller, chairman, and general manager of Ant Group were jointly interviewed by relevant departments. Major matters such as changes in the financial technology regulatory environment. This major event may cause Ant Group to fail to meet the issuance and listing conditions or information disclosure requirements, so it was decided to suspend the listing of Ant Group.\"</p><p><img src=\"https://static.tigerbbs.com/70fa1ef3428e8433000d1e9a6d3776cf\" tg-width=\"518\" tg-height=\"590\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>This is the official answer. In fact, long before the official reply, there was a saying that it was impossible for Ant Group to go public at all. The root cause of this matter may lie in Jack Ma's \"shelling bank incident\". On October 24, 2020, at the second Bund Financial Summit in Shanghai, Jack Ma delivered an impassioned 21-minute speech. Some analysts said that it was this speech that caused Ant Group to suspend its listing, and may postpone it indefinitely, because in the speech, Jack Ma openly questioned banks and regulatory agencies around the world and \"bombarded\" banks.</p><p>No matter what, the suspension of listing will have a huge impact on Ant Group. The analysis pointed out that Ant Group may become the \"most expensive company\" that climbs higher and falls the worst.</p><p><b>A \"usury\" company?</b></p><p>According to the IPO prospectus of Ant Group, Alipay's monthly active users have increased from 499 million in 2017 to 711 million monthly active users in 2020, with 1 billion + annual active users and 80 million monthly active merchants. Such a huge payment The crowd gives Ant Group sufficient confidence.</p><p>However, among the digital financial technology platforms that Ant Group relies on most, it is subdivided into micro-loan technology, wealth management technology, and insurance technology. They all look quite high-end, like a technology company, and the suffix also carries the word technology, but in fact Ant Group<b>The core business is-microfinance, sales of wealth management products and insurance.</b></p><p><img src=\"https://static.tigerbbs.com/54ca908d4c5c6d63f252f732aa1c287e\" tg-width=\"650\" tg-height=\"434\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Among small loans, wealth management products and insurance, the largest revenue is small loans. In the first half of 2020, the revenue was 28.6 billion yuan, accounting for 62% of the total revenue of digital financial technology platforms. COVID-19 pandemic has hit the domestic economy hard, and many people have to rely on borrowing to make a living after losing their jobs. Ant Group's Huabei has become the favorite of young people, which has also led to Ant Group's growth rate of 38% in the first half of 2020. In a depressed real economy, Ant Group has become the new favorite of many investors.</p><p>Shi Baogang, a financial practitioner, believes that \"Ant Financial's operation mode is to securitize creditor's rights and assets, such as packaging securities into wealth management products and issuing loans in a circular way, forming 100 times leverage. This kind of high leverage means high risk, and what is even more amazing is that Ant Group can achieve\" empty gloves and white wolves \"at zero cost when operating loans, thus achieving high profits. Through the back-and-forth operation of bonds and asset securitization, cross-purchase, its own risk is almost no, because the risks have been passed on to investors who buy related wealth management products.\"</p><p>Shi Baogang pointed out: \"To put it bluntly, Ant Group is a'usury 'company. Even if they have various technological titles, they still have a large number of intellectual property rights, but the nature of high profits reserved for themselves, and high risks thrown to society determines their nature\".</p><p>According to the data in the prospectus, when Sesame Credit is excellent enough, the daily interest rate of borrowing users is about 0.04%, which is equivalent to an annualized interest rate of 14.6%. However, once Sesame Credit score is not excellent enough, the annualized interest rate is likely to be above 18%. This annual interest rate reveals a signal that Ant Group is wandering on the edge of the boundary defined by usury companies, because according to relevant laws and regulations, the part exceeding 4 times the quoted interest rate in the loan market is not protected by law. During the same period, the loan market quoted interest rate was 3.85%, and the upper limit of 4 times should be 15.4%. Someone specifically tried the loan interest rate of borrowing, and came to the conclusion that the final interest rate was 18.2%. Whether it is usury or not can be judged by yourself.</p><p><img src=\"https://static.tigerbbs.com/c6346ce560fe998e0520bc0da62c7b64\" tg-width=\"409\" tg-height=\"515\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Furthermore,<b>Ant Group also acts as an intermediary. By cooperating with banks to lend money, the main customer groups of these loans are small and micro operators. The daily interest rate of the loan is about 0.03%, with an annualized rate of 10.95%. Ant Group does not need to invest a penny. Take a commission from the interest of bank loans.</b></p><p>Such a capital-free operation brings high profits and high growth. The micro-loan business accounts for nearly 40% of Ant Group's overall revenue, and the proportion continues to increase.</p><p><b>Ant Forest's \"Pseudo-Public Welfare\"</b></p><p>When Ant Group launched Ant Forest, many people's first impression was positive. But then I slowly discovered that things are good, and the original intention of Ant Forest may not really be doing public welfare. Its positioning as a commercial project began to be questioned by the outside world.</p><p>Let's briefly analyze the operation mode of Ant Forest. The initial mode of \"Ant Forest\" is probably to collect energy, steal the energy of friends, and attract the participation of the majority of friends in a social way. After the energy has accumulated to a certain amount, you can choose to plant trees in the northwest region or other areas with harsh environment. At this time, \"Ant Forest\" will provide a number, which corresponds to this tree and adopts real-name registration system. This move attracted positive responses from many people.</p><p><img src=\"https://static.tigerbbs.com/0e8b83fbf1391f84647e3cd7a3417607\" tg-width=\"594\" tg-height=\"443\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Today, with the increasing awareness of environmental protection, these people think that planting a tree named after themselves is equivalent to contributing to environmental protection. When the concept of environmental protection is deeply rooted in the hearts of the people, Ant Forest is more and more respected.</p><p><img src=\"https://static.tigerbbs.com/7b8fe4e78cdc275472a4a14ba2ce71c6\" tg-width=\"624\" tg-height=\"394\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Many people support Ant Forest because of the public welfare and environmental protection promoted by Ant Group, and Ant Group takes advantage of these people's simple psychology to inject more traffic into Ant Group.</p><p>It's just that most of the public welfare participants in Ant Forest don't know that the market targeted by \"Ant Forest\" is called the carbon trading market. This term is also extremely unfamiliar to the general public, but it is a huge market that can reach trillions in the future. Many talents abroad have already targeted this huge market. Bill Gates and Elon Musk, the former richest man in the world and the current richest man in the world, have been in this field for a long time. Take Elon Musk as an example. He has earned US $2 billion in revenue through the carbon trading market. The terrible thing is that this is only the initial stage of revenue, and it will continue to increase astronomically in the future.</p><p>From the current point of view, the current volume of \"Ant Forest\" is not large. From August 2016 to now, it has also gained more than 10 billion ecosystem gross value through the carbon trading market. With the continuous and in-depth expansion of \"Ant Forest\" in the future, Ant Forest will probably become another unicorn enterprise under Ali, and its market value is not much less than that of Ant Financial.</p><p>What makes Ant Forest have broad prospects is the Kyoto Protocol. In order to control the earth's greenhouse effect, this agreement controls the content of greenhouse gases in the atmosphere within a reasonable range, which requires countries around the world to reduce emissions as much as possible.</p><p>The key point is to control carbon dioxide emissions, which creates a carbon trading market. That is to say, companies without carbon emission standards cannot produce, while some companies have created a large number of indicators that cannot be used up at all. If they are not enough, they can buy indicators from companies that cannot be used up. For example, Lenovo's annual emission standard of 500 tons is simply not enough. If you want to produce after 500 tons are used up, you may have to buy them from Ant Forest. There are many similar cases abroad, and Tesla has made a lot of money from this.</p><p><img src=\"https://static.tigerbbs.com/c9f132fb9c39d3721f2b91524905bfce\" tg-width=\"617\" tg-height=\"374\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>The brilliance of \"Ant Forest\" lies in the purpose of making profits under the guise of public welfare. By planting trees and allowing the forests to absorb carbon dioxide and release oxygen through photosynthesis, emission reduction can be achieved and emission indicators can be created. Then Ant Forest can sell emission indicators to companies in need. The forest grows bigger and bigger, more and more trees are planted, and there are more and more indicators. Through the hen of public welfare, there is a steady stream of eggs, and Ant Forest is very clever in \"borrowing chickens to lay eggs\".</p><p>Interestingly, the current carbon emission market is almost clearly marked, and the carbon emission per ton is about 18 yuan. From 2016 to the end of 2020, Ant Forest's emission reduction reached 12 million tons in four years. The figure is not large, but They are growing almost geometrically, which has made Ant Forest full of prospects. It is like a piggy bank. It is making money all the time, but the cost it pays is very small.</p><p><b>Listing is in sight</b></p><p>After Ant Group was suspended from listing, many financial practitioners quickly forgot about it in addition to some regrets for Ant Group, while investors who have been paying attention to Ant Group may not see hope for the time being.</p><p>\"The most important reason for Ant Group's suspension from listing is their business model. If that kind of naked credit company becomes the largest IPO in China, it will go against the country's original intention of focusing on managing credit companies recently. At this stage, it will be difficult for Ant Group to go public within a few years.\" Liu Bo, who has been engaged in investment for many years, is not optimistic about the listing of Ant Group.</p><p>At the time of Ant Group's troubled autumn, the fall of Zhou Jiangyong, secretary of Hangzhou Municipal Party Committee, especially the title of relevant personnel in Ant Group's solemn statement, gives people a lot of reverie.</p><p>According to Caijing, from August 21st to 22nd, Zhou Jiangyong's family was suspected of making a surprise investment in a local company before the IPO, and the IPO company was not named. Combined with Zhou Jiangyong's tenure in Hangzhou, he vigorously promoted the development of the digital economy and proposed to build Hangzhou into the first digital economy city in the country. In the past few years, he has had more working contacts with local leading enterprises in the digital economy. So the public naturally thinks of Ant Group, and the solemn statement of Ant Group directly replaced the rumored \"local company\" with Ant Group. As for the truth of the incident, it is still inconclusive, and everything will be subject to the announcement verified by the authoritative department. prevail.</p><p>However, the effect of that solemn statement played the opposite effect. The embarrassment of being \"slapped in the face\" just after the rumor was refuted last year is not far away. At that time, some media reported that the Central Joint Investigation Team was stationed in Ali, and Ali issued the same solemn statement at the first time, and the criminal responsibility of the rumor mongers should also be investigated.</p><p><img src=\"https://static.tigerbbs.com/cc7940c29aa8369510fad1a1e83dff75\" tg-width=\"641\" tg-height=\"747\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>However, a few days later, it was confirmed that it was true that the investigation team was stationed in Ali, and the on-site investigation and evidence collection had been completed.</p><p><img src=\"https://static.tigerbbs.com/9e7effab9a822b5f3522eceaf058b64b\" tg-width=\"647\" tg-height=\"288\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Even if it is finally confirmed that it is just a rumor, after this \"rumor\", the listing of Ant Group will be far away.</p>","source":"lsy1588993976395","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>After Ant Group's solemn statement, listing will still be far away</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\">\nAfter Ant Group's solemn statement, listing will still be far away\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">BT财经</strong><span class=\"h-time small\">2021-08-24 18:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The valuation of Ant Group once crushed the five major banks. If it goes public, it will become the world's largest IPO, but it was suspended from listing at the end of 2020. Recently, rumors of fallen officials taking shares have been exposed.<b>On August 21st, the website of the State Supervision Commission of the Central Commission for Discipline Inspection published the examination notice of Zhou Jiangyong, secretary of Hangzhou Municipal Party Committee and member of the Standing Committee of Zhejiang Provincial Party Committee.</b>At the same time, it was also announced that Hangzhou's political and business relations would be cleaned up and rectified.</p><p>There are rumors that Zhou participated in a \"surprise\" shareholding before a company's IPO. Ant Group urgently refuted the rumors after the incident. Some netizens joked: \"If you don't refute the rumors, you won't think of who it is.\"</p><p><img src=\"https://static.tigerbbs.com/9d98e7768f8401f1a59411d6dcb21cbc\" tg-width=\"566\" tg-height=\"415\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>It can be seen from the solemn statement of Ant Group that the content of Ant Group's rumors is mainly rumors that Ant Group had violations of relevant personnel's sudden acquisition of shares during the previous IPO issuance process, and stated that Ant Group will use legal means to safeguard itself. legitimate rights and interests, claiming to pursue the criminal responsibility of rumor mongers.</p><p>It should be noted that before Ant Group refuted the rumors, the public knew little about the so-called rumors, and<b>Ant Group's solemn statement made this matter even worse. Ant Group's statement even brought many questions about \"there is no silver here\"</b>。</p><p><img src=\"https://static.tigerbbs.com/71d8e8e35e0d5bfbf7c8b5712494bbd0\" tg-width=\"640\" tg-height=\"1172\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><b>Climb high and fall badly</b></p><p>Ant Group was once valued at as much as 3.6 trillion Hong Kong dollars, equivalent to as much as 3 trillion yuan. Once it is successfully listed, it will set a new record for the world's largest IPO and surpass Kweichow Moutai to become the king of A shares. During the same period, the market value of Industrial and Commercial Bank of China was only about half of that of Ant Group, only 1.6 trillion yuan, and the market value of Agricultural Bank of China was about one-third of it. For a time, Ant Group became the focus of heated discussion. Why can Ant Group have a higher market value than the five major banks?</p><p>Sorting out the business content of Ant Group, it can be roughly divided into the following sections. The first section is the payment function that everyone is familiar with and has been using. It is now called digital payment and merchant service. This is the earliest digital payment of Ali Group, of which Alipay Accounted for 36% of Ant Group's total revenue, with revenue reaching 26 billion yuan.</p><p>The highlight of Ant Group's business is the second section, digital financial technology services, which sells technical service fees. The main customers are not individuals, but financial institutions such as banks, securities, fund companies, trust companies, and insurance companies. This section once occupied The bulk of the total revenue of Ant Group was as high as 60% in the first half of 2020, about 46 billion yuan.</p><p>The third business is innovation business and others. Including high-end technologies such as innovative blockchain and database, some big data technologies used to help banks verify the loan credit of small and micro enterprises, and some projects like Ant Forest.</p><p>What makes it possible for Ant Group to surpass Maotai to become the king of A-shares and become the largest IPO in history is the intellectual property rights of Ant Group. Technical awards, these are the keys to Ant Group's recognition. As for patents and trademarks, there are 26,279 and 8,569 respectively, and 40 countries and regions around the world. It also owns 369 non-design and trade secrets, 3,927 domain names, and 677 copyrights. These intellectual properties are top technology companies both domestically and globally.</p><p>Many investors are full of expectations for the listing of Ant Group, especially the employees of Ant Group who dream of the day they will get rich overnight. However, an announcement by the Shanghai Stock Exchange on November 3, 2020 shattered these people's dreams. The announcement stated that \"the actual controller, chairman, and general manager of Ant Group were jointly interviewed by relevant departments. Major matters such as changes in the financial technology regulatory environment. This major event may cause Ant Group to fail to meet the issuance and listing conditions or information disclosure requirements, so it was decided to suspend the listing of Ant Group.\"</p><p><img src=\"https://static.tigerbbs.com/70fa1ef3428e8433000d1e9a6d3776cf\" tg-width=\"518\" tg-height=\"590\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>This is the official answer. In fact, long before the official reply, there was a saying that it was impossible for Ant Group to go public at all. The root cause of this matter may lie in Jack Ma's \"shelling bank incident\". On October 24, 2020, at the second Bund Financial Summit in Shanghai, Jack Ma delivered an impassioned 21-minute speech. Some analysts said that it was this speech that caused Ant Group to suspend its listing, and may postpone it indefinitely, because in the speech, Jack Ma openly questioned banks and regulatory agencies around the world and \"bombarded\" banks.</p><p>No matter what, the suspension of listing will have a huge impact on Ant Group. The analysis pointed out that Ant Group may become the \"most expensive company\" that climbs higher and falls the worst.</p><p><b>A \"usury\" company?</b></p><p>According to the IPO prospectus of Ant Group, Alipay's monthly active users have increased from 499 million in 2017 to 711 million monthly active users in 2020, with 1 billion + annual active users and 80 million monthly active merchants. Such a huge payment The crowd gives Ant Group sufficient confidence.</p><p>However, among the digital financial technology platforms that Ant Group relies on most, it is subdivided into micro-loan technology, wealth management technology, and insurance technology. They all look quite high-end, like a technology company, and the suffix also carries the word technology, but in fact Ant Group<b>The core business is-microfinance, sales of wealth management products and insurance.</b></p><p><img src=\"https://static.tigerbbs.com/54ca908d4c5c6d63f252f732aa1c287e\" tg-width=\"650\" tg-height=\"434\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Among small loans, wealth management products and insurance, the largest revenue is small loans. In the first half of 2020, the revenue was 28.6 billion yuan, accounting for 62% of the total revenue of digital financial technology platforms. COVID-19 pandemic has hit the domestic economy hard, and many people have to rely on borrowing to make a living after losing their jobs. Ant Group's Huabei has become the favorite of young people, which has also led to Ant Group's growth rate of 38% in the first half of 2020. In a depressed real economy, Ant Group has become the new favorite of many investors.</p><p>Shi Baogang, a financial practitioner, believes that \"Ant Financial's operation mode is to securitize creditor's rights and assets, such as packaging securities into wealth management products and issuing loans in a circular way, forming 100 times leverage. This kind of high leverage means high risk, and what is even more amazing is that Ant Group can achieve\" empty gloves and white wolves \"at zero cost when operating loans, thus achieving high profits. Through the back-and-forth operation of bonds and asset securitization, cross-purchase, its own risk is almost no, because the risks have been passed on to investors who buy related wealth management products.\"</p><p>Shi Baogang pointed out: \"To put it bluntly, Ant Group is a'usury 'company. Even if they have various technological titles, they still have a large number of intellectual property rights, but the nature of high profits reserved for themselves, and high risks thrown to society determines their nature\".</p><p>According to the data in the prospectus, when Sesame Credit is excellent enough, the daily interest rate of borrowing users is about 0.04%, which is equivalent to an annualized interest rate of 14.6%. However, once Sesame Credit score is not excellent enough, the annualized interest rate is likely to be above 18%. This annual interest rate reveals a signal that Ant Group is wandering on the edge of the boundary defined by usury companies, because according to relevant laws and regulations, the part exceeding 4 times the quoted interest rate in the loan market is not protected by law. During the same period, the loan market quoted interest rate was 3.85%, and the upper limit of 4 times should be 15.4%. Someone specifically tried the loan interest rate of borrowing, and came to the conclusion that the final interest rate was 18.2%. Whether it is usury or not can be judged by yourself.</p><p><img src=\"https://static.tigerbbs.com/c6346ce560fe998e0520bc0da62c7b64\" tg-width=\"409\" tg-height=\"515\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Furthermore,<b>Ant Group also acts as an intermediary. By cooperating with banks to lend money, the main customer groups of these loans are small and micro operators. The daily interest rate of the loan is about 0.03%, with an annualized rate of 10.95%. Ant Group does not need to invest a penny. Take a commission from the interest of bank loans.</b></p><p>Such a capital-free operation brings high profits and high growth. The micro-loan business accounts for nearly 40% of Ant Group's overall revenue, and the proportion continues to increase.</p><p><b>Ant Forest's \"Pseudo-Public Welfare\"</b></p><p>When Ant Group launched Ant Forest, many people's first impression was positive. But then I slowly discovered that things are good, and the original intention of Ant Forest may not really be doing public welfare. Its positioning as a commercial project began to be questioned by the outside world.</p><p>Let's briefly analyze the operation mode of Ant Forest. The initial mode of \"Ant Forest\" is probably to collect energy, steal the energy of friends, and attract the participation of the majority of friends in a social way. After the energy has accumulated to a certain amount, you can choose to plant trees in the northwest region or other areas with harsh environment. At this time, \"Ant Forest\" will provide a number, which corresponds to this tree and adopts real-name registration system. This move attracted positive responses from many people.</p><p><img src=\"https://static.tigerbbs.com/0e8b83fbf1391f84647e3cd7a3417607\" tg-width=\"594\" tg-height=\"443\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Today, with the increasing awareness of environmental protection, these people think that planting a tree named after themselves is equivalent to contributing to environmental protection. When the concept of environmental protection is deeply rooted in the hearts of the people, Ant Forest is more and more respected.</p><p><img src=\"https://static.tigerbbs.com/7b8fe4e78cdc275472a4a14ba2ce71c6\" tg-width=\"624\" tg-height=\"394\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Many people support Ant Forest because of the public welfare and environmental protection promoted by Ant Group, and Ant Group takes advantage of these people's simple psychology to inject more traffic into Ant Group.</p><p>It's just that most of the public welfare participants in Ant Forest don't know that the market targeted by \"Ant Forest\" is called the carbon trading market. This term is also extremely unfamiliar to the general public, but it is a huge market that can reach trillions in the future. Many talents abroad have already targeted this huge market. Bill Gates and Elon Musk, the former richest man in the world and the current richest man in the world, have been in this field for a long time. Take Elon Musk as an example. He has earned US $2 billion in revenue through the carbon trading market. The terrible thing is that this is only the initial stage of revenue, and it will continue to increase astronomically in the future.</p><p>From the current point of view, the current volume of \"Ant Forest\" is not large. From August 2016 to now, it has also gained more than 10 billion ecosystem gross value through the carbon trading market. With the continuous and in-depth expansion of \"Ant Forest\" in the future, Ant Forest will probably become another unicorn enterprise under Ali, and its market value is not much less than that of Ant Financial.</p><p>What makes Ant Forest have broad prospects is the Kyoto Protocol. In order to control the earth's greenhouse effect, this agreement controls the content of greenhouse gases in the atmosphere within a reasonable range, which requires countries around the world to reduce emissions as much as possible.</p><p>The key point is to control carbon dioxide emissions, which creates a carbon trading market. That is to say, companies without carbon emission standards cannot produce, while some companies have created a large number of indicators that cannot be used up at all. If they are not enough, they can buy indicators from companies that cannot be used up. For example, Lenovo's annual emission standard of 500 tons is simply not enough. If you want to produce after 500 tons are used up, you may have to buy them from Ant Forest. There are many similar cases abroad, and Tesla has made a lot of money from this.</p><p><img src=\"https://static.tigerbbs.com/c9f132fb9c39d3721f2b91524905bfce\" tg-width=\"617\" tg-height=\"374\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>The brilliance of \"Ant Forest\" lies in the purpose of making profits under the guise of public welfare. By planting trees and allowing the forests to absorb carbon dioxide and release oxygen through photosynthesis, emission reduction can be achieved and emission indicators can be created. Then Ant Forest can sell emission indicators to companies in need. The forest grows bigger and bigger, more and more trees are planted, and there are more and more indicators. Through the hen of public welfare, there is a steady stream of eggs, and Ant Forest is very clever in \"borrowing chickens to lay eggs\".</p><p>Interestingly, the current carbon emission market is almost clearly marked, and the carbon emission per ton is about 18 yuan. From 2016 to the end of 2020, Ant Forest's emission reduction reached 12 million tons in four years. The figure is not large, but They are growing almost geometrically, which has made Ant Forest full of prospects. It is like a piggy bank. It is making money all the time, but the cost it pays is very small.</p><p><b>Listing is in sight</b></p><p>After Ant Group was suspended from listing, many financial practitioners quickly forgot about it in addition to some regrets for Ant Group, while investors who have been paying attention to Ant Group may not see hope for the time being.</p><p>\"The most important reason for Ant Group's suspension from listing is their business model. If that kind of naked credit company becomes the largest IPO in China, it will go against the country's original intention of focusing on managing credit companies recently. At this stage, it will be difficult for Ant Group to go public within a few years.\" Liu Bo, who has been engaged in investment for many years, is not optimistic about the listing of Ant Group.</p><p>At the time of Ant Group's troubled autumn, the fall of Zhou Jiangyong, secretary of Hangzhou Municipal Party Committee, especially the title of relevant personnel in Ant Group's solemn statement, gives people a lot of reverie.</p><p>According to Caijing, from August 21st to 22nd, Zhou Jiangyong's family was suspected of making a surprise investment in a local company before the IPO, and the IPO company was not named. Combined with Zhou Jiangyong's tenure in Hangzhou, he vigorously promoted the development of the digital economy and proposed to build Hangzhou into the first digital economy city in the country. In the past few years, he has had more working contacts with local leading enterprises in the digital economy. So the public naturally thinks of Ant Group, and the solemn statement of Ant Group directly replaced the rumored \"local company\" with Ant Group. As for the truth of the incident, it is still inconclusive, and everything will be subject to the announcement verified by the authoritative department. prevail.</p><p>However, the effect of that solemn statement played the opposite effect. The embarrassment of being \"slapped in the face\" just after the rumor was refuted last year is not far away. At that time, some media reported that the Central Joint Investigation Team was stationed in Ali, and Ali issued the same solemn statement at the first time, and the criminal responsibility of the rumor mongers should also be investigated.</p><p><img src=\"https://static.tigerbbs.com/cc7940c29aa8369510fad1a1e83dff75\" tg-width=\"641\" tg-height=\"747\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>However, a few days later, it was confirmed that it was true that the investigation team was stationed in Ali, and the on-site investigation and evidence collection had been completed.</p><p><img src=\"https://static.tigerbbs.com/9e7effab9a822b5f3522eceaf058b64b\" tg-width=\"647\" tg-height=\"288\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Even if it is finally confirmed that it is just a rumor, after this \"rumor\", the listing of Ant Group will be far away.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/Sy6Nb4kw8UfSuXGodGlRsQ\">BT财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a36908ff214bd6cd3260483c5eb70478","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/Sy6Nb4kw8UfSuXGodGlRsQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157355451","content_text":"蚂蚁集团估值一度碾压五大银行，如上市将成为全球最大的IPO，但却在2020年底被暂停上市，最近更曝出有落马官员入股的传言。\n\n8月21日，中央纪委国家监委网站公布了对杭州市委书记、浙江省省委常委周江勇的审查通告。同时还公布了要对杭州的政商关系进行清理整治。\n有相关传言称周参与了一家公司IPO前的“突击”入股，蚂蚁集团在事发后的紧急辟谣，有网友戏称：“你不辟谣还想不到是谁呢。”\n\n从蚂蚁集团的严正声明中可以看出，蚂蚁集团辟谣的内容主要是有传言说蚂蚁集团在此前IPO发行的过程中，存在相关人员突击入股的违规行为，并声明蚂蚁集团会采用法律手段维护自身的合法权益，声称要追究造谣者的刑事责任。\n需要注意的是在蚂蚁集团的辟谣之前，大众对所谓的谣传知之甚少，而蚂蚁集团的一番严正声明反而让此事愈演愈烈，蚂蚁集团的此番声明，甚至带来了“此地无银三百两”的诸多质疑。\n\n爬得高 摔得惨\n蚂蚁集团一度被估值高达3.6万亿港元，折合人民币高达3万亿元，一旦上市成功将刷新全球最大IPO记录，将超越贵州茅台成为A股之王。而同期的中国工商银行市值仅为蚂蚁集团的一半左右，仅为1.6万亿元，农业银行市值约为其三分之一，一时间蚂蚁集团成为热议的焦点，大家关注的话题是，凭什么蚂蚁集团能比五大银行的市值都高？\n梳理蚂蚁集团业务内容，大致可以分为以下几个版块，第一块是大家比较熟知也一直在使用的支付功能，现在叫数字支付与商家服务，这是阿里集团最早的数字支付，其中支付宝占蚂蚁集团总收入的36%，营收达260亿元。\n蚂蚁集团业务的重头戏是第二版块，数字金融科技服务，就是卖技术服务费，主要客户并非个人，而是针对银行、证券、基金公司、信托公司、保险公司等金融机构，这一块一度占据蚂蚁集团总收入的大头，在2020年上半年，一度高达六成，约460亿元。\n第三块业务是创新业务及其他。创新包括区块链、数据库等高端技术，用来帮银行验证小微企业的贷款信用的一些大数据技术，同时还有一些像蚂蚁森林之类的项目存在。\n而让蚂蚁集团有可能超越茅台成为A股之王并成为史上最大IPO的是蚂蚁集团的知识产权，蚂蚁集团雄厚的知识产权包含了26项自主研发核心技术产品，18项世界级和国家级核心技术奖项，这些是蚂蚁集团能被认可的关键所在，至于专利、商标分别高达26279和8569项，部及全球40个国家和地区，同时还拥有369项非外观设计及商业秘密、3927项域名、677项著作权。这些知识产权无论是在国内还是全球都是顶级的科技公司。\n很多投资者对蚂蚁集团的上市充满了期待，尤其蚂蚁集团的员工们都幻想着一夜暴富的那一天。但2020年11月3日上交所的一则公告击碎了这些人的美梦，该公告称“蚂蚁集团实际控制人及董事长、总经理被有关部门联合进行监管约谈，蚂蚁集团报告所处的金融科技监管环境发生变化等重大事项。该重大事项可能导致蚂蚁集团不符合发行上市条件或者信息披露要求，因此，决定暂缓蚂蚁集团的上市。”\n\n这是官方给出的答复。其实早在官方给出回复之前，就有说法称蚂蚁集团根本不可能上市，这事的根源或在于马云“炮轰银行事件”，2020年10月24日，上海第二届外滩金融峰会上，马云发表了时长21分钟的慷慨激昂的演讲，有分析称或正是这个演讲，让蚂蚁集团暂缓上市，且可能无限期推迟，因为在演讲中马云公然质疑全世界的银行及监管机构，并对银行进行了“炮轰”。\n不管怎样暂停上市对蚂蚁集团影响巨大。分析指出，蚂蚁集团或成为爬得越高，摔得最惨的“最贵公司”。\n一家“高利贷”公司？\n蚂蚁集团的IPO招股书中显示，支付宝的月度活跃用户由2017年的4.99亿名，上涨到2020年月活用户7.11亿名，年度活跃用户10亿+，月活商家8000万家，如此庞大的支付人群让蚂蚁集团有了充足的底气。\n但在蚂蚁集团最为仰仗的数字金融科技平台中，细分为微贷科技、理财科技、保险科技。看着都挺高大上，都像一家科技公司，后缀也都带着科技两个字，但其实蚂蚁集团核心的业务是——小额贷款、理财产品销售和卖保险。\n\n在小额贷款、理财产品和保险之中，营收规模最大的是小额贷款，2020年上半年营收286亿元，占数字金融科技平台总营收的62%，新冠疫情重创国内经济，很多人失业后不得不依靠借贷维持生计，蚂蚁集团的花呗成为年轻人的最爱，这也导致2020年上半年蚂蚁集团增速38%，在实体经济一片萧条的大环境，蚂蚁集团成为众多投资者的新宠。\n金融从业人士史宝刚认为，“蚂蚁金服的运作模式是通过债权、资产证券化，比如把证券包装为理财产品，循环的发放贷款，形成了100倍杠杆。这种高杠杆意味着高风险，更让人叫绝的是，蚂蚁集团在操作贷款的时候可以做到零成本就能完成“空手套白狼”，从而实现高额的利润，通过债券和资产化证券化的来回运作，交叉购买，自身风险几乎没有，因为风险已经层层转嫁到购买相关理财产品的投资者身上。”\n史宝刚指出：“说白了，蚂蚁集团就是一家‘高利贷’公司，即便他们冠以各种科技称谓，也拥有数量众多的知识产权，但高利润留给自己，高风险扔给社会的本质决定他们的性质”。\n根据招股书数据可知，当芝麻信用足够优秀的情况下，借呗用户的日利率为0.04%左右，折合年化利率为14.6%，但一旦芝麻信用分不够优秀，则年化利率很有可能在18%以上。这个年利率透露一个信号，就是蚂蚁集团在高利贷公司界定的界限边缘游走，因为根据相关法律规定，超过贷款市场报价利率4倍的部分不受法律保护。同期贷款市场报价利率3.85%，4倍的上限应该为15.4%。有人专门尝试了一下借呗的贷款利率，得出最终的利率为18.2%，是否高利贷可以自行判断。\n\n此外，蚂蚁集团还充当中介的角色，通过与银行合作放贷，这些贷款主要客户群体为小微经营者，贷款的日利率为0.03%左右，年化10.95%，蚂蚁集团不需要投入一分钱就能从银行放贷的利息中进行抽成。\n如此无本经营带来的是高利润和高增长，微贷业务占蚂蚁集团整体营收的比重为一直接近四成，比重不断提升。\n蚂蚁森林的“伪公益”\n蚂蚁集团推出蚂蚁森林的时候，很多人的第一感觉还是正面的。但随后慢慢发现，事是好事，蚂蚁森林的初心未必真的是在做公益。将其定位在商业项目开始被外界质疑。\n简单分析一下蚂蚁森林的运作模式，“蚂蚁森林”的最初模式大概是收集能量，偷朋友的能量，以社交的方式，吸引广大朋友圈人的参与，在能量积攒到一定量之后，就可以选择在西北地区或其他环境恶劣的地区种树。此时“蚂蚁森林”会提供一个编号，这个编号就对应着这棵树，还采用了实名制。此举招来很多人的积极响应。\n\n在环保意识逐渐提升的今天，这些人认为种下一棵以自己名字命名的树，相当于环境保护出了一份力。在环保理念深入人心之际，蚂蚁森林受到更多的追崇。\n\n很多人支持蚂蚁森林，看上的是蚂蚁集团宣传的公益环保，而蚂蚁集团利用了这些人的朴素心理，为蚂蚁集团注入更多的流量。\n只是参与蚂蚁森林的公益者们多数人并不知道，“蚂蚁森林”瞄准的市场叫做碳交易市场。这个名词对于普通大众来说也极为陌生，但它却是一个未来能达到万亿级的庞大市场。在国外很多牛人早已瞄上这个庞大市场，前世界首富和现世界首富比尔盖茨和埃隆马斯克都在这个领域布局已久。以埃隆马斯克为例，他通过碳交易市场已经获得了20亿美金的收入，可怕的是，这只是开始阶段的收益，未来将会不断暴增的天文数字。\n从目前来看，“蚂蚁森林”现在的体量并不大，从2016年8月到现在，通过碳交易市场也获得了百亿以上的生态系统生产总值，随着未来“蚂蚁森林”的不断深入拓展，蚂蚁森林将有可能会成为阿里旗下的另一个独角兽企业，市值并不比蚂蚁金服少太多。\n让蚂蚁森林拥有广阔前景的是在《京都议定书》，该协定为了控制地球的温室效应，把大气中温室气体的含量控制在一个合理的区间，这就需要全球各国尽可能地减少排放。\n而其中的关键点是控制二氧化碳的排放，这就产生了碳交易市场，也就是说没有碳排放标准的企业是没有办法生产的，而有的企业制造了大量的指标，根本用不完，不够用的向用不完的企业购买指标，举例来说，联想一年500吨的排放标准根本不够用，用完了500吨之后要想生产，可能就得向蚂蚁森林购买，国外也有不少类似案例，特斯拉就靠此赚了不少钱。\n\n“蚂蚁森林”的高明之处在于打着公益的幌子实现盈利的目的，通过植树造林，让树林通过光合作用吸收二氧化碳放出氧气，就可以实现减排，创造出排放指标。然后蚂蚁森林可以把排放指标卖给需要的企业。森林越长越大，植树越来越多，指标越来越多，借着公益者这只母鸡，有着源源不断的鸡蛋，蚂蚁森林“借鸡生蛋”非常高明。\n有意思的是，目前碳排放市场几乎是明码标价，每吨碳排放为18元左右，蚂蚁森林从2016年到2020年底，4年的时间减排量达到了1200万吨，数字并不大，但他们几乎是几何倍增速，已让蚂蚁森林充满前景，这就好比是一个存钱罐一样，每时每刻都在进钱，而自身付出的成本却微乎其微。\n上市遥遥无期\n在蚂蚁集团被暂停上市后，很多金融从业者除了对蚂蚁集团有些惋惜之外，很快就淡忘了此事，而一直关注蚂蚁集团的投资者却可能暂时看不到希望。\n“蚂蚁集团被暂停上市，最主要还是他们的经营模式，那种赤裸裸的信贷公司，如果成为国内最大的IPO，就会和国家最近一直重点治理信贷公司的初衷相违背，现阶段来看，数年内蚂蚁集团上市都很难。”从事投资多年的刘波对蚂蚁集团的上市持不乐观态度。\n正在蚂蚁集团多事之秋之际，杭州市委书记周江勇的落马，尤其蚂蚁集团严正声明中的相关人员的称谓，更给人诸多遐想。\n据《财经》报道，从8月21日至22日，有关周江勇家族涉嫌在当地一家公司IPO前突击入股，而这家IPO的公司并未被点名道姓，结合周江勇在主政杭州期间，曾大力推进数字经济发展，提出要将杭州打造成全国数字经济第一城。过去几年，他与当地数字经济龙头企业有较多工作接触。于是公众自然联想到蚂蚁集团，蚂蚁集团的严正声明则直接将谣传中的“当地一家公司”直接换成了蚂蚁集团，至于事件的真相目前尚无定论，一切将以权威部门查实后的通告为准。\n而那则严正声明的效果却起到了相反的作用，去年刚辟谣就被“打脸”的尴尬并不遥远，当时有媒体报道说中央联合调查组进驻阿里，阿里第一时间发表同样的严正声明，也要追究造谣者的刑事责任。\n\n但在几天后就被证实，调查组进驻阿里是真事，且已经完成了现场的调查取证。\n\n即便最终证实只是谣传，但在经此“谣传”后，蚂蚁集团上市更将遥遥无期。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834237776,"gmtCreate":1629805642695,"gmtModify":1676530136524,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834237776","repostId":"1134494417","repostType":4,"isVote":1,"tweetType":1,"viewCount":1506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806702183,"gmtCreate":1627692200442,"gmtModify":1703494705087,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://st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| 輝瑞財報分析 疫苗收入即將超過主營！","htmlText":"期待很久的輝瑞<a target=\"_blank\" href=\"https://laohu8.com/S/PFE\">$輝瑞(PFE)$</a>發佈了2021年第二季度的財報，對於目前的股票市場和大流行，閱讀這份2021Q2輝瑞財報，着重點更多的是放在了新冠疫苗上。閱讀這份財報並不簡單，包含了大量專業詞彙，讀起來也不像其他公司那樣輕鬆，輝瑞公司我關注了很久，在此之前我翻閱了大量關於生物製藥的材料，看了很多份文件，但是閱讀這份財報的時候還是比較吃力。 我盡我可能將這些專業術語或者比較難懂的內容進行大白話模式的表達，以方便大家理解。如果是在看不下去，可以直接跳到最後一部分，有我對於輝瑞公司的目標價位等。 前言 輝瑞公司更換了LOGO，由之前的藍色小藥丸，變成了現在藍色雙螺旋，這真的是越來越追求生物製藥了，不知道會不會變成“傘公司”呢？開個玩笑，對於輝瑞來說，並非只有新冠疫苗，其製藥部分更爲龐大和複雜。我們閱讀這份財報主要看疫苗（BNT162b2）部分，這應該也是大家都比較關注的一點，理論上上疫苗上市後需求會有個高峯，而後會出現下滑，如果疫苗的需求量 一直處於高峯或者每個季度都比上個季度高，這雖然對公司營收上來看挺好的，但反而說明大流行沒那麼快會結束。 小提示：輝瑞疫苗是由<a target=\"_blank\" href=\"https://laohu8.com/S/PFE\">$輝瑞(PFE)$</a>&nbsp;和<a target=\"_blank\" href=\"https://laohu8.com/S/BNTX\">$BioNTech SE(BNTX)$</a>&nbsp;聯合開發的，並非只有輝瑞一家公司，根據後面財報信息，我們也可以讀出這兩家公司是如何分割利潤的。 看財報前，我對該公司的預期也是因疫苗而產生的營銷額應該遠超於2021Q1季度，而面對目前的變種誕生，輝瑞或許在未來會推","listText":"期待很久的輝瑞<a target=\"_blank\" href=\"https://laohu8.com/S/PFE\">$輝瑞(PFE)$</a>發佈了2021年第二季度的財報，對於目前的股票市場和大流行，閱讀這份2021Q2輝瑞財報，着重點更多的是放在了新冠疫苗上。閱讀這份財報並不簡單，包含了大量專業詞彙，讀起來也不像其他公司那樣輕鬆，輝瑞公司我關注了很久，在此之前我翻閱了大量關於生物製藥的材料，看了很多份文件，但是閱讀這份財報的時候還是比較吃力。 我盡我可能將這些專業術語或者比較難懂的內容進行大白話模式的表達，以方便大家理解。如果是在看不下去，可以直接跳到最後一部分，有我對於輝瑞公司的目標價位等。 前言 輝瑞公司更換了LOGO，由之前的藍色小藥丸，變成了現在藍色雙螺旋，這真的是越來越追求生物製藥了，不知道會不會變成“傘公司”呢？開個玩笑，對於輝瑞來說，並非只有新冠疫苗，其製藥部分更爲龐大和複雜。我們閱讀這份財報主要看疫苗（BNT162b2）部分，這應該也是大家都比較關注的一點，理論上上疫苗上市後需求會有個高峯，而後會出現下滑，如果疫苗的需求量 一直處於高峯或者每個季度都比上個季度高，這雖然對公司營收上來看挺好的，但反而說明大流行沒那麼快會結束。 小提示：輝瑞疫苗是由<a target=\"_blank\" href=\"https://laohu8.com/S/PFE\">$輝瑞(PFE)$</a>&nbsp;和<a target=\"_blank\" href=\"https://laohu8.com/S/BNTX\">$BioNTech SE(BNTX)$</a>&nbsp;聯合開發的，並非只有輝瑞一家公司，根據後面財報信息，我們也可以讀出這兩家公司是如何分割利潤的。 看財報前，我對該公司的預期也是因疫苗而產生的營銷額應該遠超於2021Q1季度，而面對目前的變種誕生，輝瑞或許在未來會推","text":"期待很久的輝瑞$輝瑞(PFE)$發佈了2021年第二季度的財報，對於目前的股票市場和大流行，閱讀這份2021Q2輝瑞財報，着重點更多的是放在了新冠疫苗上。閱讀這份財報並不簡單，包含了大量專業詞彙，讀起來也不像其他公司那樣輕鬆，輝瑞公司我關注了很久，在此之前我翻閱了大量關於生物製藥的材料，看了很多份文件，但是閱讀這份財報的時候還是比較吃力。 我盡我可能將這些專業術語或者比較難懂的內容進行大白話模式的表達，以方便大家理解。如果是在看不下去，可以直接跳到最後一部分，有我對於輝瑞公司的目標價位等。 前言 輝瑞公司更換了LOGO，由之前的藍色小藥丸，變成了現在藍色雙螺旋，這真的是越來越追求生物製藥了，不知道會不會變成“傘公司”呢？開個玩笑，對於輝瑞來說，並非只有新冠疫苗，其製藥部分更爲龐大和複雜。我們閱讀這份財報主要看疫苗（BNT162b2）部分，這應該也是大家都比較關注的一點，理論上上疫苗上市後需求會有個高峯，而後會出現下滑，如果疫苗的需求量 一直處於高峯或者每個季度都比上個季度高，這雖然對公司營收上來看挺好的，但反而說明大流行沒那麼快會結束。 小提示：輝瑞疫苗是由$輝瑞(PFE)$ 和$BioNTech SE(BNTX)$ 聯合開發的，並非只有輝瑞一家公司，根據後面財報信息，我們也可以讀出這兩家公司是如何分割利潤的。 看財報前，我對該公司的預期也是因疫苗而產生的營銷額應該遠超於2021Q1季度，而面對目前的變種誕生，輝瑞或許在未來會推","images":[{"img":"https://static.tigerbbs.com/c4c0064c4ee1031ad4d1c93dd363f47f","width":"688","height":"387"},{"img":"https://static.tigerbbs.com/ed38c8fce64d5b5b3df59db4e732cea8","width":"653","height":"1147"},{"img":"https://static.tigerbbs.com/8ad6f60d8c644fa6ffeb103b66bade2f","width":"688","height":"955"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801575381","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":16,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178371206,"gmtCreate":1626789824105,"gmtModify":1703765264612,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178371206","repostId":"1195550175","repostType":4,"repost":{"id":"1195550175","kind":"news","weMediaInfo":{"introduction":"全球第五大财经门户网站Investing.com中国官方微信，提供全球各国海量金融资讯和实时行情数据，包括股票股指、外汇、期货、基金、债券、加密货币等。关注全球金融市场动态的投资者千万不可错过。","home_visible":1,"media_name":"英为财情Investing","id":"92","head_image":"https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313"},"pubTimestamp":1626782161,"share":"https://ttm.financial/m/news/1195550175?lang=en_US&edition=fundamental","pubTime":"2021-07-20 19:56","market":"us","language":"zh","title":"U.S. stocks plummeting or a round of travel? The fun is yet to come","url":"https://stock-news.laohu8.com/highlight/detail?id=1195550175","media":"英为财情Investing","summary":"周一，因新冠病例激增引发了市场对全球经济的担忧，欧美股市惨遭大范围抛售，投资者担心或将再次实施停摆措施，这将令经济复苏将放缓。\n全球新冠病例激增\n根据路透的一项数据分析，过去30天里，因每日平均住院人","content":"<p>European and American stock markets suffered a widespread sell-off on Monday as a surge in new crown cases triggered market concerns about the global economy. Investors worried that another shutdown measures might be implemented, which would slow down the economic recovery.</p><p><b>Covid cases surge worldwide</b></p><p>According to a Reuters data analysis, the average daily number of new COVID-19 cases in the United States has tripled in the past 30 days as the average daily number of hospitalizations has increased 21% from 16,000 to more than 19,000. Last week's death toll was 25% higher than the previous seven days, with an average of 250 deaths per day.</p><p>The epidemic situation in Europe is also not optimistic. France announced the fourth round of epidemic situation on the 19th, and the infection rate in Germany has risen for the 11th consecutive day.</p><p>In addition to China, the epidemic situation in Myanmar, Indonesia, India and other countries in Asia is also worsening.</p><p><b>Global stock markets were shocked for a night</b></p><p>With the outbreak of the pandemic, the market was doubtful about the economic recovery in the second half of the year, and the stock market sold off. The US Nasdaq Composite Index fell 1.06%; The U.S. S&P 500 index fell 1.59%, and the S&P 500 index and Nasdaq index recorded their biggest declines since mid-May; The Dow Jones Industrial Average fell 2.09%, its biggest drop since October last year.</p><p>European stock markets generally fell by more than 2%, and the pan-European Stoxx 600 index closed down for four consecutive trading days, down 2.3%; France's CAC40 index fell 2.54%; The UK FTSE 100 index fell 2.34%; Germany's DAX30 index fell 2.62%.</p><p>For a time, market panic heated up sharply. The VIX panic index once soared to 25.09, a new high in two months. It fell slightly in late trading and finally closed up 21.95%. Investors have turned to safe-haven assets. The ten-year U.S. Treasury Bond was snapped up, and the yield plummeted 4.86% to 1.207%.</p><p><img src=\"https://static.tigerbbs.com/fddc0b0ea75f0f82442b924cf9ca267c\" tg-width=\"1269\" tg-height=\"603\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">VIX Hourly Chart, Source: Investing.com</p><p><b>Is the U.S. stock bull market over?</b></p><p>Recently, we have repeatedly mentioned the risk of a correction in U.S. stocks. For details, please refer to \"Don't be blindly optimistic anymore, Wall Street has begun to secretly short U.S. stocks\", \"The plunge in U.S. bond yields suggests that U.S. stocks are imminent?\", \"U.S. stocks may plummet 50%!\" Etc. We have always emphasized that U.S. stocks face two major risks, one is the threat of the Delta variant virus, and the other is the tightening of monetary policy by the Federal Reserve.</p><p>The change of the epidemic is always an unknown factor. The spread of the mutant virus may burn the previous efforts made by various countries at any time. However, it is impossible for countries to maintain economic blockades for a long time, which is not good for the economy, so we can only wait for the vaccination rate. After the increase, I believe the epidemic situation will gradually improve. However, to a certain extent, after last night's plunge, the market has digested the impact of the epidemic, and U.S. stocks may even rebound tonight.</p><p>Although the impact of the epidemic may weaken, can the degree of economic recovery in the United States support such a high stock price?</p><p>According to the report of the U.S. Business Cycle Measurement Committee, after the epidemic began, about 22 million people in the United States lost their jobs, but 2.8 million people returned to work in May 2020, and about 15 million people returned to work the following year.</p><p>At present, the second-quarter earnings season in the United States is underway, and 41 of the S&P 500 companies have already announced their earnings reports. 90% of them beat average analyst estimates, according to Refinitiv data. Analysts now expect the earnings of S&P 500 companies to increase by 72% year-on-year in the April-June quarter, much higher than the 54% forecast at the beginning of the quarter. If it is consistent with expectations, the company's performance can support the current stock price to a certain extent.</p><p>As for the Federal Reserve, it has previously claimed that inflation is temporary and will maintain its current policy unchanged. We all know that the Federal Reserve's rate hike or tightening of monetary policy will have an impact on the U.S. stock market. At present, the more dovish Federal Reserve is beneficial to the stock market. If the epidemic gets out of control, the Fed will only be more loose, so the Fed's factors can be ignored for the time being.</p><p>But in the medium and long term, the Federal Reserve will always embark on the path of normalizing monetary policy. rate hike and tapering bond purchases are imperative, which is always a hidden danger to U.S. stocks.</p><p><b>Are US stocks overvalued?</b></p><p>We can make a comparison between US stocks and A shares. The current average P/E of the Dow Jones Industrial Average is 29 times, and the price-to-book ratio is 6.7 times; The P/E of the S&P 500 is 32 times and the price-to-book ratio is 4.6 times; The Nasdaq has a P/E of 48 x and a price-to-book ratio of 6.1 x. Compared with P/E of Shanghai Composite Index, which is 14 times, and its price-to-book ratio is 1.5 times, P/E of Hong Kong Hang Seng Index is only 13 times, and its price-to-book ratio is only 1.2 times.</p><p>It can be seen that to a certain extent, the valuation of U.S. stocks is already very high, especially the Nasdaq index, while the valuation of our Shanghai Composite Index is low, which is a value depression.</p><p>Although the financial report of the United States is relatively bright for the time being, and although the economic recovery of the United States looks beautiful, everything will be marked with a big question mark with the rate hike of the Federal Reserve in the distance and the Delta virus in the near 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>U.S. stocks plummeting or a round of travel? The fun is yet to come</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 plummeting or a round of travel? The fun is yet to come\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/92\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">英为财情Investing </p>\n<p class=\"h-time smaller\">2021-07-20 19:56</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>European and American stock markets suffered a widespread sell-off on Monday as a surge in new crown cases triggered market concerns about the global economy. Investors worried that another shutdown measures might be implemented, which would slow down the economic recovery.</p><p><b>Covid cases surge worldwide</b></p><p>According to a Reuters data analysis, the average daily number of new COVID-19 cases in the United States has tripled in the past 30 days as the average daily number of hospitalizations has increased 21% from 16,000 to more than 19,000. Last week's death toll was 25% higher than the previous seven days, with an average of 250 deaths per day.</p><p>The epidemic situation in Europe is also not optimistic. France announced the fourth round of epidemic situation on the 19th, and the infection rate in Germany has risen for the 11th consecutive day.</p><p>In addition to China, the epidemic situation in Myanmar, Indonesia, India and other countries in Asia is also worsening.</p><p><b>Global stock markets were shocked for a night</b></p><p>With the outbreak of the pandemic, the market was doubtful about the economic recovery in the second half of the year, and the stock market sold off. The US Nasdaq Composite Index fell 1.06%; The U.S. S&P 500 index fell 1.59%, and the S&P 500 index and Nasdaq index recorded their biggest declines since mid-May; The Dow Jones Industrial Average fell 2.09%, its biggest drop since October last year.</p><p>European stock markets generally fell by more than 2%, and the pan-European Stoxx 600 index closed down for four consecutive trading days, down 2.3%; France's CAC40 index fell 2.54%; The UK FTSE 100 index fell 2.34%; Germany's DAX30 index fell 2.62%.</p><p>For a time, market panic heated up sharply. The VIX panic index once soared to 25.09, a new high in two months. It fell slightly in late trading and finally closed up 21.95%. Investors have turned to safe-haven assets. The ten-year U.S. Treasury Bond was snapped up, and the yield plummeted 4.86% to 1.207%.</p><p><img src=\"https://static.tigerbbs.com/fddc0b0ea75f0f82442b924cf9ca267c\" tg-width=\"1269\" tg-height=\"603\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">VIX Hourly Chart, Source: Investing.com</p><p><b>Is the U.S. stock bull market over?</b></p><p>Recently, we have repeatedly mentioned the risk of a correction in U.S. stocks. For details, please refer to \"Don't be blindly optimistic anymore, Wall Street has begun to secretly short U.S. stocks\", \"The plunge in U.S. bond yields suggests that U.S. stocks are imminent?\", \"U.S. stocks may plummet 50%!\" Etc. We have always emphasized that U.S. stocks face two major risks, one is the threat of the Delta variant virus, and the other is the tightening of monetary policy by the Federal Reserve.</p><p>The change of the epidemic is always an unknown factor. The spread of the mutant virus may burn the previous efforts made by various countries at any time. However, it is impossible for countries to maintain economic blockades for a long time, which is not good for the economy, so we can only wait for the vaccination rate. After the increase, I believe the epidemic situation will gradually improve. However, to a certain extent, after last night's plunge, the market has digested the impact of the epidemic, and U.S. stocks may even rebound tonight.</p><p>Although the impact of the epidemic may weaken, can the degree of economic recovery in the United States support such a high stock price?</p><p>According to the report of the U.S. Business Cycle Measurement Committee, after the epidemic began, about 22 million people in the United States lost their jobs, but 2.8 million people returned to work in May 2020, and about 15 million people returned to work the following year.</p><p>At present, the second-quarter earnings season in the United States is underway, and 41 of the S&P 500 companies have already announced their earnings reports. 90% of them beat average analyst estimates, according to Refinitiv data. Analysts now expect the earnings of S&P 500 companies to increase by 72% year-on-year in the April-June quarter, much higher than the 54% forecast at the beginning of the quarter. If it is consistent with expectations, the company's performance can support the current stock price to a certain extent.</p><p>As for the Federal Reserve, it has previously claimed that inflation is temporary and will maintain its current policy unchanged. We all know that the Federal Reserve's rate hike or tightening of monetary policy will have an impact on the U.S. stock market. At present, the more dovish Federal Reserve is beneficial to the stock market. If the epidemic gets out of control, the Fed will only be more loose, so the Fed's factors can be ignored for the time being.</p><p>But in the medium and long term, the Federal Reserve will always embark on the path of normalizing monetary policy. rate hike and tapering bond purchases are imperative, which is always a hidden danger to U.S. stocks.</p><p><b>Are US stocks overvalued?</b></p><p>We can make a comparison between US stocks and A shares. The current average P/E of the Dow Jones Industrial Average is 29 times, and the price-to-book ratio is 6.7 times; The P/E of the S&P 500 is 32 times and the price-to-book ratio is 4.6 times; The Nasdaq has a P/E of 48 x and a price-to-book ratio of 6.1 x. Compared with P/E of Shanghai Composite Index, which is 14 times, and its price-to-book ratio is 1.5 times, P/E of Hong Kong Hang Seng Index is only 13 times, and its price-to-book ratio is only 1.2 times.</p><p>It can be seen that to a certain extent, the valuation of U.S. stocks is already very high, especially the Nasdaq index, while the valuation of our Shanghai Composite Index is low, which is a value depression.</p><p>Although the financial report of the United States is relatively bright for the time being, and although the economic recovery of the United States looks beautiful, everything will be marked with a big question mark with the rate hike of the Federal Reserve in the distance and the Delta virus in the near future.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/96819b78df36696eeccbf03ebd7c466d","relate_stocks":{".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195550175","content_text":"周一，因新冠病例激增引发了市场对全球经济的担忧，欧美股市惨遭大范围抛售，投资者担心或将再次实施停摆措施，这将令经济复苏将放缓。\n全球新冠病例激增\n根据路透的一项数据分析，过去30天里，因每日平均住院人数从1.6万人增加了21%，达到逾1.9万人，美国平均每天的新增新冠病例数增加了两倍。上周的死亡人数比前七天增加了25%，平均每天有250人死亡。\n欧洲疫情也很不乐观，法国19日宣布进入第四轮疫情，德国感染率已连续第11天出现上升。\n亚洲除中国外，缅甸、印尼、印度等国家疫情也在进一步恶化。\n全球股市惊魂一夜\n随着疫情的爆发，市场对下半年经济复苏存疑，股市遭到抛售。美国纳斯达克综合指数指数下跌1.06%；美国标准普尔500指数下跌1.59%，标普500指数和纳斯达克指数录得5月中以来最大跌幅；道琼斯工业平均指数下跌2.09%，创去年10月以来最大跌幅。\n欧洲股市更是普遍下跌2%以上，泛欧斯托克600指数连续四个交易日收跌，下跌2.3%；法国CAC40指数下跌2.54%；英国富时100指数跌2.34%；德国DAX30指数跌2.62%。\n一时间，市场恐慌情绪急剧升温，VIX恐慌指数一度冲高至25.09，创两个月来新高，尾盘稍有回落，最终收涨21.95%。投资者纷纷转向避险资产。美国十年期国债遭到疯抢，收益率大跌4.86%，至1.207%。\nVIX小时图，来源：Investing.com\n美股牛市是否终结？\n近期，我们多次提及美股有回调的风险，详情可以参看“不要再盲目乐观了，华尔街已经开始偷偷做空美股了”、“美债收益率暴跌暗示美股崩盘在即？”、“美股或将暴跌50%！”等。我们一直强调美股面临着两大风险，其一为Delta变种病毒的威胁，其二为美联储缩紧货币政策。\n疫情的变化始终是一个未知的因素，变种病毒的传播随时可能将之前各国所做的努力付之一炬，但是各国又不可能长期的保持经济封锁，这对经济也不利，所以只有等待疫苗接种率的提升后，相信疫情会逐步好转。不过，一定程度上讲，经过昨晚的一轮暴跌后，市场对疫情的影响已经有所消化，今晚美股甚至可能出现反弹。\n虽然疫情的影响可能会减弱，但是美国的经济复苏程度支撑的起如此高昂的股价吗？\n据美国商业周期测定委员会报告显示，疫情开始后，美国约有2200万人失业，但是在2020年5月就有280万人重返工作岗位，在接下来的一年里约有1,500万人恢复了工作。\n目前美国第二季财报季正在进行中，标普500指数成份股企业中有41家已经公布财报。根据路孚特数据，其中90%超出了分析师的平均预期。分析师现在预计，标普500指数成分股企业4-6月季度的盈利料同比增长72%，大大高于季度初预测的54%。假如与预期一致的话，企业的业绩一定程度上是可以支撑目前的股价。\n至于美联储方面，此前一直宣称通胀是暂时的，将维持目前的政策不变。我们都知道，美联储加息或者缩紧货币政策将对美国股市造成冲击，目前较为鸽派的美联储是对股市有利的。假如疫情失控的话，美联储只会更加的宽松，所以暂时可以不考虑美联储的因素。\n但是中长期来讲，美联储始终会走上货币政策正常化的道路，加息和缩减购债是势在必行的，这对美股始终是一个隐患。\n美股高估了吗？\n我们可以用美股和A股做一个比较。目前道琼斯工业指数的平均市盈率为29倍，市净率为6.7倍；标普500指数的市盈率为32倍，市净率为4.6倍；纳斯达克的市盈率为48倍，市净率为6.1倍。而对比上证指数的市盈率为14倍，市净率为1.5倍，香港恒生指数的市盈率更是只有13倍，市净率仅为1.2倍。\n由此可见，一定程度上美股的估值已经是非常高了，特别是纳斯达克指数，而我们的上证指数估值较低，属于价值洼地。\n虽然美国的财报暂时比较亮眼，虽然美国的经济复苏看起来很美，但是在远有美联储加息虎视眈眈，近有Delta病毒环伺之下，所有的一切都将打上大大的问号。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121795530,"gmtCreate":1624491877320,"gmtModify":1703838080226,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121795530","repostId":"2145136560","repostType":4,"repost":{"id":"2145136560","kind":"highlight","pubTimestamp":1624471016,"share":"https://ttm.financial/m/news/2145136560?lang=en_US&edition=fundamental","pubTime":"2021-06-24 01:56","market":"hk","language":"zh","title":"Bitcoin fell below key technical levels, and Sister Wood bought Grayscale Trust and Coinbase at the bottom","url":"https://stock-news.laohu8.com/highlight/detail?id=2145136560","media":"华尔街见闻","summary":"别人恐惧时她又双叒贪婪了！Ark系列ETF昨日增持近21.5万股Coinbase和100万股灰度比特币信托，持有Coinbase总价值逾10亿美元，持有灰度信托共850万股成相关持仓最大ETF。从交投逻辑可知，Ark投资主要利用市场下跌而抄底。","content":"<p>When the Bitcoin fell below $29,000 on Tuesday and once erased all gains this year, Cathie Wood's Ark Invest series ETFs, known as the \"Queen of the Bull Market\", were aggressively buying Grayscale Bitcoin Trust and Coinbase stocks.</p><p>According to the data, Ark's flagship fund, Innovation ETF (trading symbol ARKK), took advantage of yesterday's downturn in Bitcoin and related stocks to increase its holdings of nearly 215,000 shares of Coinbase, the world's largest digital currency exchange.</p><p>At the same time, the Ark Next Generation Internet ETF (trading symbol ARKW) increased its holdings of an additional 1 million shares of Grayscale Bitcoin Trust (trading symbol GBTC), worth approximately US $29.3 million. The latter is the world's largest Bitcoin trust.</p><p>This pushed the total number of Coinbase shares held by the Ark series ETF to 4.7 million shares, accounting for about 2% of Coinbase's fully diluted 261.3 million shares, making it one of the company's major external shareholders.<b>If calculated based on Tuesday's closing price, the total Coinbase held by \"Sister Wood\" is worth more than US $1.04 billion.</b></p><p><b>Moreover, ARKW is the largest ETF holding Grayscale Bitcoin Trust in the market, holding a total of 8.5 million shares.</b>The second highest holding of this Bitcoin trust in the market is Amplify Transformation Data Sharing ETF (trading symbol BLOK), but it only holds 212,000 shares of Grayscale Trust.</p><p><b>It can be seen from the trading logic that the Ark investment of \"Sister Wood\" mainly takes advantage of the market decline to buy bottoms.</b>Bitcoin once cut in half from its all-time high of nearly $65,000, as did Grayscale Bitcoin Trust, and Coinbase fell nearly 35% from its high in the two months of listing.</p><p>On Wednesday, Bitcoin rebounded 18% from yesterday's low, once regaining $34,000. U.S. stocks fell slightly to above $33,000 after midday, rising 4% within 24 hours. Most mainstream digital currencies have risen. Some analysts say that the motivation for the rise is unknown, and cryptocurrencies have been very volatile.<img src=\"https://static.tigerbbs.com/eb83e0e22211f6e038eaffb1f5f66b46\" tg-width=\"695\" tg-height=\"511\" referrerpolicy=\"no-referrer\">The \"basket of stocks\" related to Bitcoin also rebounded collectively today.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose nearly 5%, and Square rose nearly 2%, both close to two-month highs. Grayscale Bitcoin Trust rose by more than 6% at the highest, breaking away from the lowest level of the year, and it has still fallen as a whole this year. Coinbase rose more than 2%, still close to its low level since listing. The above-mentioned stocks are all the most important positions held by \"Sister Wood\".</p><p>ARKK, the flagship innovation ETF of \"Sister Wood\", rose more than 2%, close to the nearly two-month high since April 28. ARKW, which holds a large amount of Grayscale Bitcoin Trust, also rose 2%, and ARKF, another financial technology innovation ETF that holds a large amount of Coinbase, rose 1.4%, both close to two-month highs.<img src=\"https://static.tigerbbs.com/4d5869ceeb6a2f7a0291e99083ed7531\" tg-width=\"713\" tg-height=\"511\" referrerpolicy=\"no-referrer\"></p>","source":"wallstreetcn_api","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>Bitcoin fell below key technical levels, and Sister Wood bought Grayscale Trust and Coinbase at the bottom</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\">\nBitcoin fell below key technical levels, and Sister Wood bought Grayscale Trust and Coinbase at the bottom\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-24 01:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>When the Bitcoin fell below $29,000 on Tuesday and once erased all gains this year, Cathie Wood's Ark Invest series ETFs, known as the \"Queen of the Bull Market\", were aggressively buying Grayscale Bitcoin Trust and Coinbase stocks.</p><p>According to the data, Ark's flagship fund, Innovation ETF (trading symbol ARKK), took advantage of yesterday's downturn in Bitcoin and related stocks to increase its holdings of nearly 215,000 shares of Coinbase, the world's largest digital currency exchange.</p><p>At the same time, the Ark Next Generation Internet ETF (trading symbol ARKW) increased its holdings of an additional 1 million shares of Grayscale Bitcoin Trust (trading symbol GBTC), worth approximately US $29.3 million. The latter is the world's largest Bitcoin trust.</p><p>This pushed the total number of Coinbase shares held by the Ark series ETF to 4.7 million shares, accounting for about 2% of Coinbase's fully diluted 261.3 million shares, making it one of the company's major external shareholders.<b>If calculated based on Tuesday's closing price, the total Coinbase held by \"Sister Wood\" is worth more than US $1.04 billion.</b></p><p><b>Moreover, ARKW is the largest ETF holding Grayscale Bitcoin Trust in the market, holding a total of 8.5 million shares.</b>The second highest holding of this Bitcoin trust in the market is Amplify Transformation Data Sharing ETF (trading symbol BLOK), but it only holds 212,000 shares of Grayscale Trust.</p><p><b>It can be seen from the trading logic that the Ark investment of \"Sister Wood\" mainly takes advantage of the market decline to buy bottoms.</b>Bitcoin once cut in half from its all-time high of nearly $65,000, as did Grayscale Bitcoin Trust, and Coinbase fell nearly 35% from its high in the two months of listing.</p><p>On Wednesday, Bitcoin rebounded 18% from yesterday's low, once regaining $34,000. U.S. stocks fell slightly to above $33,000 after midday, rising 4% within 24 hours. Most mainstream digital currencies have risen. Some analysts say that the motivation for the rise is unknown, and cryptocurrencies have been very volatile.<img src=\"https://static.tigerbbs.com/eb83e0e22211f6e038eaffb1f5f66b46\" tg-width=\"695\" tg-height=\"511\" referrerpolicy=\"no-referrer\">The \"basket of stocks\" related to Bitcoin also rebounded collectively today.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose nearly 5%, and Square rose nearly 2%, both close to two-month highs. Grayscale Bitcoin Trust rose by more than 6% at the highest, breaking away from the lowest level of the year, and it has still fallen as a whole this year. Coinbase rose more than 2%, still close to its low level since listing. The above-mentioned stocks are all the most important positions held by \"Sister Wood\".</p><p>ARKK, the flagship innovation ETF of \"Sister Wood\", rose more than 2%, close to the nearly two-month high since April 28. ARKW, which holds a large amount of Grayscale Bitcoin Trust, also rose 2%, and ARKF, another financial technology innovation ETF that holds a large amount of Coinbase, rose 1.4%, both close to two-month highs.<img src=\"https://static.tigerbbs.com/4d5869ceeb6a2f7a0291e99083ed7531\" tg-width=\"713\" tg-height=\"511\" referrerpolicy=\"no-referrer\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3633707\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/414360f2ef7b5c785cb936b4a9b53a44","relate_stocks":{"CAN":"嘉楠科技","EBON":"亿邦国际"},"source_url":"https://wallstreetcn.com/articles/3633707","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145136560","content_text":"在周二比特币下破2.9万美元并一度抹去今年以来全部涨幅之际，素有“牛市女皇”之称的“木头姐”Cathie Wood旗下Ark Invest系列ETF正大举抄底灰度比特币信托和Coinbase股票。\n数据显示，Ark旗舰基金——创新ETF（交易代码ARKK）利用昨日比特币及其相关个股的低迷，增持了近21.5万股Coinbase股票，后者为全球最大数字货币交易所。\n同时，Ark下一代互联网ETF（交易代码ARKW）额外增持了100万股灰度比特币信托（Grayscale Bitcoin Trust，交易代码GBTC），价值约2930万美元，后者为全球最大比特币信托。\n这令Ark系列ETF持有Coinbase的股票总数推升至470万股，约占Coinbase完全摊薄2.613亿股的2%，成为公司主要外部股东之一。若按周二收盘价计算，“木头姐”共持有的Coinbase价值逾10.4亿美元。\n而且，ARKW是市场上持有灰度比特币信托最大的ETF，共持有850万股。市面上持有该比特币信托排名第二高的是Amplify转型数据共享ETF（交易代码BLOK），但仅持有21.2万股灰度信托。\n从交投逻辑可知，“木头姐”的Ark投资主要利用市场下跌而抄底。比特币一度较其近6.5万美元的历史最高腰斩，灰度比特币信托也是如此，Coinbase则在上市两个月里从高位跌落近35%。\n周三，比特币从昨日低位反弹18%，一度重上3.4万美元，美股午盘后小幅回落至3.3万美元上方，24小时内涨4%。主流数字货币多数上涨，有分析称上涨动因不明，加密货币波动性一直很大。与比特币相关的“一揽子股票”今日也集体反弹。特斯拉涨近5%，Square涨近2%，均接近两个月高位。灰度比特币信托最高涨超6%，脱离年内低位，今年以来仍整体下跌。Coinbase涨超2%，仍接近上市来低位。上述个股都是“木头姐”持仓重头。\n“木头姐”旗下旗舰创新ETF ARKK涨超2%，接近4月28日以来的近两个月高位。大量持有灰度比特币信托的ARKW也涨2%，另一持有大量Coinbase的金融科技创新ETF ARKF涨1.4%，均接近两个月高位。","news_type":1,"symbols_score_info":{"CAN":0.9,"EBON":0.9,"XBTmain":0.9,"BTCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187858709,"gmtCreate":1623750028801,"gmtModify":1704210409329,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187858709","repostId":"1139950361","repostType":4,"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355634729,"gmtCreate":1617066103261,"gmtModify":1704801474273,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355634729","repostId":"1157203601","repostType":4,"repost":{"id":"1157203601","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":1617065001,"share":"https://ttm.financial/m/news/1157203601?lang=en_US&edition=fundamental","pubTime":"2021-03-30 08:43","market":"us","language":"zh","title":"ByteDance is reported to be valued at US $250 billion in secondary market transactions","url":"https://stock-news.laohu8.com/highlight/detail?id=1157203601","media":"老虎资讯综合","summary":"3月30日，据彭博，知情人士透露，由于投资者对字节跳动的业务及其IPO前景充满信心，字节跳动在私有市场的估值已经超过2500亿美元。根据CB Insights的数据，字节跳动在上一轮融资时的估值达到1","content":"<p>On March 30, according to Bloomberg, people familiar with the matter revealed that due to investors' confidence in ByteDance's business and its IPO prospects, ByteDance's valuation in the private market has exceeded US $250 billion. According to data from CB Insights, ByteDance was valued at $140 billion in its last funding round.</p><p>One of the people familiar with the matter said that the company's transaction valuation in the private market a month ago was about $200 billion. If calculated at $250 billion, ByteDance's valuation has surpassed that of ExxonMobil and Coca-Cola.</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>ByteDance is reported to be valued at US $250 billion in secondary market transactions</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\">\nByteDance is reported to be valued at US $250 billion in secondary market transactions\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\">2021-03-30 08:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On March 30, according to Bloomberg, people familiar with the matter revealed that due to investors' confidence in ByteDance's business and its IPO prospects, ByteDance's valuation in the private market has exceeded US $250 billion. According to data from CB Insights, ByteDance was valued at $140 billion in its last funding round.</p><p>One of the people familiar with the matter said that the company's transaction valuation in the private market a month ago was about $200 billion. If calculated at $250 billion, ByteDance's valuation has surpassed that of ExxonMobil and Coca-Cola.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/57922dcc5f7a43f1fddaf18d1a519025","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157203601","content_text":"3月30日，据彭博，知情人士透露，由于投资者对字节跳动的业务及其IPO前景充满信心，字节跳动在私有市场的估值已经超过2500亿美元。根据CB Insights的数据，字节跳动在上一轮融资时的估值达到1400亿美元。其中一位知情人士说，该公司一个月前在私有市场的交易估值大约达为2000亿美元。如果按照2500亿美元计算，字节跳动的估值已经超过埃克森美孚和可口可乐。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359030032,"gmtCreate":1616298288226,"gmtModify":1704792724825,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359030032","repostId":"2121456431","repostType":4,"repost":{"id":"2121456431","kind":"news","weMediaInfo":{"introduction":"致力于提供最及时的财经资讯，最专业的解读分析，覆盖宏观经济、金融机构、A股市场、上市公司、投资理财等财经领域。","home_visible":1,"media_name":"券商中国","id":"9","head_image":"https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f"},"pubTimestamp":1616287967,"share":"https://ttm.financial/m/news/2121456431?lang=en_US&edition=fundamental","pubTime":"2021-03-21 08:52","market":"us","language":"zh","title":"Soared 19 times in 6 months! This chip stock is completely on fire, what is the origin?","url":"https://stock-news.laohu8.com/highlight/detail?id=2121456431","media":"券商中国","summary":"据悉，阿瓦隆A1246矿机算力为90T，是效率最高的矿机之一。此次交易金额达271.3万美元。矿机将分3次交付，预计3月交付300台，5月交付50台，8月交付250台。不过，有说法称，该“矿场”，是俄军和私人投资者分成的。挖矿行业每年新增收入或达1000亿各种矿场的建立，显著的拉动了对矿机的需求，作为矿机生产商的嘉楠科技备受基金经理宠幸。比特币挖矿行业的年新增收入或超过100","content":"<p>Since the emergence of mining machine chip stocks, fund managers have many more reasons to buy Bitcoin. Affected by the continuous rise in Bitcoin prices, Chinese concept stocks, which are mainly engaged in the mining machine chip business, have become the darling in the eyes of fund managers.</p><p><b>As of the close on March 20, Beijing time, Chinese concept stocks listed in the United States<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>The stock price fell 4.5%. As of March 20, Canaan Technology's stock price has increased by more than 5 times this year, and 15 times in the last six months. During this period, the highest stock price has increased by 19 times. After a week of continuous corrections, as of March 20, the current market value has fallen back to 28.4 billion yuan.</b></p><p><a href=\"https://laohu8.com/S/06178\">Everbright Securities</a>Said that the mining industry is expected to add 18 billion US dollars in revenue every year. Canaan Technology is currently<a href=\"https://laohu8.com/S/00981\">SMIC</a>The main customers of N+1 advanced manufacturing process have cooperated in the production of new mining machines (90TH/s), and have achieved batch spot shipments. The annual output is expected to exceed 400,000 units.</p><p><b>Bitcoin prices are far away from mining costs, and demand for mining machines is hot</b></p><p>If fund managers directly buy Bitcoin, it may make prudent traditional investors feel ridiculous, but it seems much more logical to share Bitcoin's market by buying \"AI chip company stocks\".</p><p>As of the close on March 20, Beijing time, Canaan Technology, a Chinese concept stock listed in the United States, fell 4.5%. After the stock hit a new high on March 12, it has been pulling back for a week. According to the data, the stock price of Canaan Technology has increased by more than 5 times this year. The stock price increase in the last six months has reached 15 times based on the closing price on March 20th. If calculated based on March 12th, it will reach a maximum of 19 times. The market value of Canaan Technology after the current decline is 28.4 billion yuan.</p><p>Headquartered in Beijing, Canaan Technology is a company engaged in independent AI chip research and development and providing high-performance computing services. To be more accurate, Canaan Technology is a mining machine research and development company in Bitcoin. About 90% of the company's revenue comes from mining machine chips and related businesses. Mining machines are the most basic link in Bitcoin's ecosystem.</p><p>The hot price of Bitcoin continues to rise, which has significantly driven the demand for mining.</p><p>\"The higher the price, the greater the benefits of mining. After the price in Bitcoin falls below US $5,000, the mining machines can't be sold, and even the cost of electricity is very difficult.\" An investor who owns a mine in Bitcoin in South China told a brokerage China reporter at an exchange meeting that the sales of mining machines in Bitcoin are directly affected by the price in Bitcoin. If the price in Bitcoin is too low, it will impact the cost of mining.</p><p>According to the market on March 18th, the latest price of Bitcoin remained around US $58,000, which is a very attractive price for mining investors, which means that the price of Bitcoin is much higher than the cost of mining.</p><p>The high price situation has stimulated the sales of Bitcoin mining machines.</p><p>On March 2 this year, cryptocurrency mining company IntegratedVenturesInc announced the purchase of 600 Avalon A1246 mining machines (Avalon 1246) produced by Canaan Technology. It is reported that the Avalon A1246 mining machine has a computing power of 90T and is one of the most efficient mining machines. The transaction amounted to US $2.713 million. The mining machines will be delivered in three installments, with 300 units expected to be delivered in March, 50 units in May, and 250 units in August.</p><p>On January 27 this year, when the Bitcoin price remained around US $35,000, Bitcoin's mining machines were already very easy to sell. According to the official public account of Canaan, on January 27 this year, Canaan Technology signed an order for 6,000 Avalon mining machines with the mining giant CoreScientific, and reached a cooperation intention with the start-up company DroneEnergy in the procurement of mining machines. Prior to this, Canaan Technology also signed a purchase order for 6,400 mining machines with HIVEBlockChain.</p><p><b>Bitcoin has helped mining machinery companies a lot by institutional sweeping goods</b></p><p>Institutional investors in traditional industries have entered the market to sweep Bitcoin, raising the price of Bitcoin and staying away from the cost of mining, which has helped mining machinery companies a lot.</p><p>On March 18, Hong Kong stock listed companies<a href=\"https://laohu8.com/S/01357\">Meitu Corporation</a>It was announced that the subsidiary MiracleVision further purchased in open market transactions on March 17, 2021 under the cryptocurrency investment plan: 16,000 units of Ethereum (purchased according to Ethereum), with a total consideration of approximately US $28.4 million; Bitcoin of approximately 386.09 units (purchased pursuant to Bitcoin) for a total consideration of approximately $21.6 million. As of the date of the announcement, Meitu has accumulated net purchases of cryptocurrency worth approximately US $90 million.</p><p>Previously, on March 5, Meitu announced that it would purchase 15,000 units of Ethereum and 379.12 units of Bitcoin in open market transactions, with total considerations of approximately US $22.1 million and US $17.9 million respectively.</p><p>Meitu said in the announcement that these purchases were made in accordance with a cryptocurrency investment plan previously approved by the company's board of directors, according to which the group plans to purchase cryptocurrencies with a net amount of no more than US $100 million, which is funded by the company's existing cash reserves. Subsequently, the company's board of directors will implement the cryptocurrency investment plan as appropriate according to the situation of the cryptocurrency market.</p><p><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>A report by strategist Nikolaos Panigirtzoglou shows that so far, retail investors have bought more than 187,000 Bitcoin, while institutional investors have bought approximately 172,684 Bitcoin.</p><p><a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>A new investor report written by the wealth management department of the company on March 17 outlined cryptocurrencies as an emerging investable asset class. The report said: For speculative investments to rise to the level of investable asset classes and play a role in a diversified portfolio, transformative progress will be needed on both supply and demand sides.</p><p>The change in institutional attitude towards Bitcoin assets is unexpected. according to<a href=\"https://laohu8.com/S/CME\">Chicago Mercantile Exchange</a>According to the group's data, as of February 2021, the open position of Bitcoin futures has increased by at least 100% for eight consecutive months, and the capital involved in these contracts has increased exponentially at an annual rate of 145%, from US $156 million at the end of February 2020 to US $2.34 billion a year later. The increase is more than three times the 425% increase in prices in Bitcoin last year. This also further reflects the demand of institutional investors for this asset class, which has reached unprecedented levels.</p><p>Now that the price of Bitcoin has risen to more than $50,000, investors' interest in trading Bitcoin has greatly increased, which has also made it profitable for investors in mines digging Bitcoin. This means that every Bitcoin dug up can be supplied to investors in the secondary market at a price of more than 50,000 US dollars.</p><p>According to news on March 18, Pakistan's Khyber Pakhtunkhwa province plans to establish two pilot cryptocurrency mining farms powered by hydropower. Earlier, on January 13, the province announced the launch of two state-owned Bitcoin mines, saying that the legislative bill for this action had been passed in the provincial parliament.</p><p>Ten days ago, on March 8, the Russian Ministry of Defense's \"Red Star TV\" announced information about a large cryptocurrency mine under the \"supervision\" of the Russian army. The mine is located at a hydropower station near Irkutsk, Siberia. The mine has thousands of mining machines. The extremely cold geographical environment provides the mine with good heat dissipation conditions and low water and electricity costs. However, it is said that the \"mine\" was divided between the Russian army and private investors.</p><p><b>The mining industry's annual new revenue may reach 100 billion</b></p><p>The establishment of various mines has significantly boosted the demand for mining machines. As a manufacturer of mining machines, Canaan Technology is favored by fund managers.</p><p>According to the information disclosed by listed companies, as of the end of last year, nearly 20 funds held shares of Canaan Technology. Fund managers directly hold Bitcoin, which may make conservative investors feel ridiculous at the moment, but it seems logical to hold Canaan Technology's shares in the name of buying \"AI chip companies\" to share Bitcoin's market.</p><p>The investment of A-share listed companies in Canaan Technology may also be the same strategy, so as to avoid listed companies directly deploying Bitcoin and being questioned by regulatory agencies.</p><p>Brokerage China reporters noticed that,<a href=\"https://laohu8.com/S/600226\">* ST Hanye</a>Invested 200 million yuan to hold 99.50% of the shares of Shanghai Yongtang. Shanghai Yongtang indirectly invested in Hangzhou Jianan Yunzhi Information Technology Co., Ltd. through Guihu Fund, and the company's final holding ratio of this investment project was less than 1%. Based on the fact that * ST Hanye indirectly holds Canaan Technology, the stock price of this stock has been rising continuously this year. As of March 18, * ST Hanye's stock price has increased by nearly 75% this year, and its market value is also close to 9 billion.</p><p><a href=\"https://laohu8.com/S/601788\">Everbright Securities</a>It was pointed out in a report that Canaan Technology was the first to deploy in Bitcoin's mining industry, and its mining machinery production capacity will be the most sufficient in 2021. Canaan Technology is currently<a href=\"https://laohu8.com/S/688981\">SMIC</a>The main customers of N+1 advanced manufacturing process have cooperated in the production of new mining machines (90TH/s), and have achieved batch spot shipments. The annual output is expected to exceed 400,000 units.</p><p>Canaan Technology is currently the only manufacturer with a multi-fab strategy. Due to the use of N+1 process chips for mass production, it has largely buffered the occupation of wafer production capacity by GPU mining graphics cards and 5G mobile phones. In the report, Everbright Securities predicts that the market size of the mining machinery industry this year will be approximately 22.6 billion RMB, and it is expected that the shipment volume in the first half of the year will be 270,000 units (150,000 units in SMIC,<a href=\"https://laohu8.com/S/TSM\">TSMC</a>120,000 units), and shipments in the second half of the year were 520,000 units (250,000 units from SMIC, 120,000 units from TSMC, and 150,000 units from others).</p><p>The annual new revenue of Bitcoin's mining industry may exceed 100 billion yuan. Everbright Securities pointed out that 2020-2024 is the fourth halving cycle of Bitcoin. The number of daily mining reward Bitcoin is 900, and the transaction fee is about 100, totaling about 1,000, at a price of 50,000 US dollars per piece. Calculated, the mining industry is expected to increase revenue by about 1000X50000X365 = 18 billion US dollars every year.</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>Soared 19 times in 6 months! This chip stock is completely on fire, what is the origin?</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\">\nSoared 19 times in 6 months! This chip stock is completely on fire, what is the origin?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/9\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">券商中国 </p>\n<p class=\"h-time smaller\">2021-03-21 08:52</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Since the emergence of mining machine chip stocks, fund managers have many more reasons to buy Bitcoin. Affected by the continuous rise in Bitcoin prices, Chinese concept stocks, which are mainly engaged in the mining machine chip business, have become the darling in the eyes of fund managers.</p><p><b>As of the close on March 20, Beijing time, Chinese concept stocks listed in the United States<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>The stock price fell 4.5%. As of March 20, Canaan Technology's stock price has increased by more than 5 times this year, and 15 times in the last six months. During this period, the highest stock price has increased by 19 times. After a week of continuous corrections, as of March 20, the current market value has fallen back to 28.4 billion yuan.</b></p><p><a href=\"https://laohu8.com/S/06178\">Everbright Securities</a>Said that the mining industry is expected to add 18 billion US dollars in revenue every year. Canaan Technology is currently<a href=\"https://laohu8.com/S/00981\">SMIC</a>The main customers of N+1 advanced manufacturing process have cooperated in the production of new mining machines (90TH/s), and have achieved batch spot shipments. The annual output is expected to exceed 400,000 units.</p><p><b>Bitcoin prices are far away from mining costs, and demand for mining machines is hot</b></p><p>If fund managers directly buy Bitcoin, it may make prudent traditional investors feel ridiculous, but it seems much more logical to share Bitcoin's market by buying \"AI chip company stocks\".</p><p>As of the close on March 20, Beijing time, Canaan Technology, a Chinese concept stock listed in the United States, fell 4.5%. After the stock hit a new high on March 12, it has been pulling back for a week. According to the data, the stock price of Canaan Technology has increased by more than 5 times this year. The stock price increase in the last six months has reached 15 times based on the closing price on March 20th. If calculated based on March 12th, it will reach a maximum of 19 times. The market value of Canaan Technology after the current decline is 28.4 billion yuan.</p><p>Headquartered in Beijing, Canaan Technology is a company engaged in independent AI chip research and development and providing high-performance computing services. To be more accurate, Canaan Technology is a mining machine research and development company in Bitcoin. About 90% of the company's revenue comes from mining machine chips and related businesses. Mining machines are the most basic link in Bitcoin's ecosystem.</p><p>The hot price of Bitcoin continues to rise, which has significantly driven the demand for mining.</p><p>\"The higher the price, the greater the benefits of mining. After the price in Bitcoin falls below US $5,000, the mining machines can't be sold, and even the cost of electricity is very difficult.\" An investor who owns a mine in Bitcoin in South China told a brokerage China reporter at an exchange meeting that the sales of mining machines in Bitcoin are directly affected by the price in Bitcoin. If the price in Bitcoin is too low, it will impact the cost of mining.</p><p>According to the market on March 18th, the latest price of Bitcoin remained around US $58,000, which is a very attractive price for mining investors, which means that the price of Bitcoin is much higher than the cost of mining.</p><p>The high price situation has stimulated the sales of Bitcoin mining machines.</p><p>On March 2 this year, cryptocurrency mining company IntegratedVenturesInc announced the purchase of 600 Avalon A1246 mining machines (Avalon 1246) produced by Canaan Technology. It is reported that the Avalon A1246 mining machine has a computing power of 90T and is one of the most efficient mining machines. The transaction amounted to US $2.713 million. The mining machines will be delivered in three installments, with 300 units expected to be delivered in March, 50 units in May, and 250 units in August.</p><p>On January 27 this year, when the Bitcoin price remained around US $35,000, Bitcoin's mining machines were already very easy to sell. According to the official public account of Canaan, on January 27 this year, Canaan Technology signed an order for 6,000 Avalon mining machines with the mining giant CoreScientific, and reached a cooperation intention with the start-up company DroneEnergy in the procurement of mining machines. Prior to this, Canaan Technology also signed a purchase order for 6,400 mining machines with HIVEBlockChain.</p><p><b>Bitcoin has helped mining machinery companies a lot by institutional sweeping goods</b></p><p>Institutional investors in traditional industries have entered the market to sweep Bitcoin, raising the price of Bitcoin and staying away from the cost of mining, which has helped mining machinery companies a lot.</p><p>On March 18, Hong Kong stock listed companies<a href=\"https://laohu8.com/S/01357\">Meitu Corporation</a>It was announced that the subsidiary MiracleVision further purchased in open market transactions on March 17, 2021 under the cryptocurrency investment plan: 16,000 units of Ethereum (purchased according to Ethereum), with a total consideration of approximately US $28.4 million; Bitcoin of approximately 386.09 units (purchased pursuant to Bitcoin) for a total consideration of approximately $21.6 million. As of the date of the announcement, Meitu has accumulated net purchases of cryptocurrency worth approximately US $90 million.</p><p>Previously, on March 5, Meitu announced that it would purchase 15,000 units of Ethereum and 379.12 units of Bitcoin in open market transactions, with total considerations of approximately US $22.1 million and US $17.9 million respectively.</p><p>Meitu said in the announcement that these purchases were made in accordance with a cryptocurrency investment plan previously approved by the company's board of directors, according to which the group plans to purchase cryptocurrencies with a net amount of no more than US $100 million, which is funded by the company's existing cash reserves. Subsequently, the company's board of directors will implement the cryptocurrency investment plan as appropriate according to the situation of the cryptocurrency market.</p><p><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>A report by strategist Nikolaos Panigirtzoglou shows that so far, retail investors have bought more than 187,000 Bitcoin, while institutional investors have bought approximately 172,684 Bitcoin.</p><p><a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>A new investor report written by the wealth management department of the company on March 17 outlined cryptocurrencies as an emerging investable asset class. The report said: For speculative investments to rise to the level of investable asset classes and play a role in a diversified portfolio, transformative progress will be needed on both supply and demand sides.</p><p>The change in institutional attitude towards Bitcoin assets is unexpected. according to<a href=\"https://laohu8.com/S/CME\">Chicago Mercantile Exchange</a>According to the group's data, as of February 2021, the open position of Bitcoin futures has increased by at least 100% for eight consecutive months, and the capital involved in these contracts has increased exponentially at an annual rate of 145%, from US $156 million at the end of February 2020 to US $2.34 billion a year later. The increase is more than three times the 425% increase in prices in Bitcoin last year. This also further reflects the demand of institutional investors for this asset class, which has reached unprecedented levels.</p><p>Now that the price of Bitcoin has risen to more than $50,000, investors' interest in trading Bitcoin has greatly increased, which has also made it profitable for investors in mines digging Bitcoin. This means that every Bitcoin dug up can be supplied to investors in the secondary market at a price of more than 50,000 US dollars.</p><p>According to news on March 18, Pakistan's Khyber Pakhtunkhwa province plans to establish two pilot cryptocurrency mining farms powered by hydropower. Earlier, on January 13, the province announced the launch of two state-owned Bitcoin mines, saying that the legislative bill for this action had been passed in the provincial parliament.</p><p>Ten days ago, on March 8, the Russian Ministry of Defense's \"Red Star TV\" announced information about a large cryptocurrency mine under the \"supervision\" of the Russian army. The mine is located at a hydropower station near Irkutsk, Siberia. The mine has thousands of mining machines. The extremely cold geographical environment provides the mine with good heat dissipation conditions and low water and electricity costs. However, it is said that the \"mine\" was divided between the Russian army and private investors.</p><p><b>The mining industry's annual new revenue may reach 100 billion</b></p><p>The establishment of various mines has significantly boosted the demand for mining machines. As a manufacturer of mining machines, Canaan Technology is favored by fund managers.</p><p>According to the information disclosed by listed companies, as of the end of last year, nearly 20 funds held shares of Canaan Technology. Fund managers directly hold Bitcoin, which may make conservative investors feel ridiculous at the moment, but it seems logical to hold Canaan Technology's shares in the name of buying \"AI chip companies\" to share Bitcoin's market.</p><p>The investment of A-share listed companies in Canaan Technology may also be the same strategy, so as to avoid listed companies directly deploying Bitcoin and being questioned by regulatory agencies.</p><p>Brokerage China reporters noticed that,<a href=\"https://laohu8.com/S/600226\">* ST Hanye</a>Invested 200 million yuan to hold 99.50% of the shares of Shanghai Yongtang. Shanghai Yongtang indirectly invested in Hangzhou Jianan Yunzhi Information Technology Co., Ltd. through Guihu Fund, and the company's final holding ratio of this investment project was less than 1%. Based on the fact that * ST Hanye indirectly holds Canaan Technology, the stock price of this stock has been rising continuously this year. As of March 18, * ST Hanye's stock price has increased by nearly 75% this year, and its market value is also close to 9 billion.</p><p><a href=\"https://laohu8.com/S/601788\">Everbright Securities</a>It was pointed out in a report that Canaan Technology was the first to deploy in Bitcoin's mining industry, and its mining machinery production capacity will be the most sufficient in 2021. Canaan Technology is currently<a href=\"https://laohu8.com/S/688981\">SMIC</a>The main customers of N+1 advanced manufacturing process have cooperated in the production of new mining machines (90TH/s), and have achieved batch spot shipments. The annual output is expected to exceed 400,000 units.</p><p>Canaan Technology is currently the only manufacturer with a multi-fab strategy. Due to the use of N+1 process chips for mass production, it has largely buffered the occupation of wafer production capacity by GPU mining graphics cards and 5G mobile phones. In the report, Everbright Securities predicts that the market size of the mining machinery industry this year will be approximately 22.6 billion RMB, and it is expected that the shipment volume in the first half of the year will be 270,000 units (150,000 units in SMIC,<a href=\"https://laohu8.com/S/TSM\">TSMC</a>120,000 units), and shipments in the second half of the year were 520,000 units (250,000 units from SMIC, 120,000 units from TSMC, and 150,000 units from others).</p><p>The annual new revenue of Bitcoin's mining industry may exceed 100 billion yuan. Everbright Securities pointed out that 2020-2024 is the fourth halving cycle of Bitcoin. The number of daily mining reward Bitcoin is 900, and the transaction fee is about 100, totaling about 1,000, at a price of 50,000 US dollars per piece. Calculated, the mining industry is expected to increase revenue by about 1000X50000X365 = 18 billion US dollars every year.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2182a8a021a8689200e0ade3f44083dc","relate_stocks":{"159813":"芯片","CAN":"嘉楠科技"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121456431","content_text":"自从有了矿机芯片股票，基金经理买比特币的理由，多了很多。受比特币价格连续走高的影响，主营矿机芯片业务的中概股成为基金经理眼中的宠儿。截至北京时间3月20日收盘，在美上市的中概股嘉楠科技股价大跌4.5%。截至3月20日，嘉楠科技今年以来的股价涨幅超过5倍，最近6个月涨幅15倍，期间最高股价涨幅达到19倍，在连续回调一周后，截止3月20日，当前市值回落至284亿人民币。光大证券表示，挖矿行业每年有望新增收入180亿美金，嘉楠科技目前是中芯国际N+1先进制程的主要客户，合作进行新型矿机（90TH/s）的生产，并已实现批量现货出货，预计全年产量超过40万台。比特币价格远离挖矿成本，矿机需求火爆如果基金经理直接购买比特币，可能令稳健的传统投资者感到荒唐，但通过以购买“AI芯片公司股票”分享比特币的行情，看起来顺理成章的多。截至北京时间3月20收盘，在美上市的中概股嘉楠科技大跌4.5%，该股再去3月12日创出新高后，已连续回调一周。数据显示，嘉楠科技今年以来的股价涨幅超过5倍，最近6个月的股价涨幅按3月20日收盘计算达15倍，若按照3月12日计算，最高达到19倍，嘉楠科技截止目前回落后的市值为284亿人民币。嘉楠科技总部位于北京，是一家从事自主AI芯片研发、提供高性能计算服务的公司。更准确的说法，嘉楠科技是一家比特币矿机研发公司，该公司约90%的收入来自矿机芯片及其相关业务，矿机是比特币生态中最基础的一大环节。比特币价格持续走高的火爆行情，显著带动了挖矿的需求。“价格越高，挖矿的利益越大，比特币价格跌破5000美元后，矿机就卖不动了，连用电的成本都很为难。”华南地区的一位拥有比特币矿场的投资者在一次交流会上对券商中国记者表示，比特币矿机销售直接受比特币价格的影响，比特币价格如果太低，就会冲击挖矿的成本。按照3月18日的行情，比特币最新价格维持在58000美元附近，对挖矿的投资者而言，这是一个极具吸引力的价格，意味着比特币的价格远远高于挖矿的成本。价格高高在上的状况，刺激了比特币矿机的销售。今年3月2日，加密货币挖矿公司IntegratedVenturesInc宣布购买600台嘉楠科技生产的阿瓦隆A1246矿机(Avalon1246)。据悉，阿瓦隆A1246矿机算力为90T，是效率最高的矿机之一。此次交易金额达271.3万美元。矿机将分3次交付，预计3月交付300台，5月交付50台，8月交付250台。今年1月27日，也就是比特币价格维持在35000美元附近时，比特币的矿机就已经非常好卖了。据嘉楠耘智官方公众号消息，今年1月27日，嘉楠科技与矿业巨头CoreScientific签署6000台阿瓦隆矿机订单，并与初创公司DroneEnergy达成了矿机采购合作意向。在此之前，嘉楠科技还与HIVEBlockChain签署了6400台的矿机采购订单。机构扫货比特币帮了矿机公司大忙传统行业的机构投资者入场扫货比特币，拉高比特币的价格，远离挖矿的成本，帮了矿机公司的大忙。3月18日，港股上市公司美图公司发布公告，子公司MiracleVision于2021年3月17日根据加密货币投资计划在公开市场交易中进一步购买了：1.6万单位的以太币（根据以太币购买），总对价约为2840万美元；约386.09单位的比特币（根据比特币购买），总对价约为2160万美元。截至公告日期，美图已累计净购买了价值约9000万美元的加密货币。此前3月5日，美图公司公告，将在公开市场交易中购买1.5万单位的以太币和379.12单位的比特币，总对价分别约为2210万美元和1790万美元。美图在公告中表示，这些购买是根据该公司董事会先前批准的一项加密货币投资计划进行的，据此该集团计划，可以购买净额不超过1亿美元的加密货币，其资金来源为该公司现有的现金储备。后续该公司董事会根据密货市场情况，酌情执行加密货币投资计划。摩根大通策略师NikolaosPanigirtzoglou的一份报告显示，截至目前，散户投资者已经购买了超过187000枚比特币，而机构投资者大约购买了172684枚比特币。摩根士丹利的财富管理部门则在3月17日撰写的一份新的投资者报告，概述了加密货币作为新兴的可投资资产类别的情况。报告中称：要使投机性投资上升到可投资资产类别的水平，并在多元化的投资组合中发挥作用，就需要在供需双方都取得变革性进展。机构对比特币资产的态度变化是令人始料不及的。根据芝加哥商品交易所集团的数据，截至2021年2月，比特币期货未平仓头寸连续8个月至少增长了100%，这些合约所涉及的资本以145%的年率指数增长，从2020年2月底的1.56亿美元增长到一年后的23.4亿美元。这种涨幅是比特币价格去年425%涨幅的三倍多。这也进一步反映了机构投资者对这一资产类别的需求，已经达到了前所未有的水平。既然比特币价格上涨到5万美元以上后，投资者对交易比特币的兴趣大增，也使得挖掘比特币的矿场投资者变得有利可图。这意味着每挖出一枚比特币，便可以以5万美元以上的价格，在二级市场供应给投资者。3月18日消息，巴基斯坦开伯尔－普赫图赫瓦省计划建立两个由水力发电支持的加密货币矿场试点。此前1月13日，该省曾宣布启动两个国有比特币矿场，并称持该行动的立法法案已在该省议会中获得通过。而在十天前的3月8日，俄国防部《红星电视台》公布了一个在俄军“监督”下的大型加密货币矿场的信息。该矿场位于西伯利亚伊尔库茨克附近的一个水电站，该矿场拥有成千上万矿机。极寒的地理环境给矿场提供了良好的散热条件，以及低廉的水电费用。不过，有说法称，该“矿场”，是俄军和私人投资者分成的。挖矿行业每年新增收入或达1000亿各种矿场的建立，显著的拉动了对矿机的需求，作为矿机生产商的嘉楠科技备受基金经理宠幸。根据上市公司披露的信息，截至去年底的数据，约有接近20家基金持有嘉楠科技的股票。基金经理直接持有比特币，在当下可能令保守型的投资者感到荒唐，但通过购买“AI芯片公司”的名义持有嘉楠科技的股票，从而分享比特币的行情，看起来顺理成章的多。A股上市公司对嘉楠科技的投资，可能也是如此策略，以避免上市公司直接布局比特币，遭到监管机构的问询。券商中国记者注意到，*ST瀚叶出资20000万元持有上海雍棠99.50%的股份，上海雍棠通过趵虎基金间接投资了杭州嘉楠耘智信息科技有限公司，该公司对该投资项目的最终持有比例低于1%。基于*ST瀚叶间接持有嘉楠科技的事实，该股股价今年以来连续走高，截至3月18日，*ST瀚叶今年以来的股价涨幅接近75%，市值也接近90亿。光大证券在一份报告中指出，嘉楠科技最早布局比特币矿业，2021年矿机产能最为充足。嘉楠科技目前是中芯国际N+1先进制程的主要客户，合作进行新型矿机（90TH/s）的生产，并已实现批量现货出货，预计全年产量超过40万台。嘉楠科技则是目前唯一多晶圆厂策略的厂商。由于采用N+1制程芯片进行量产，在很大程度上缓冲了GPU挖矿显卡和5G手机对晶圆产能的占用。在报告中，光大证券预计今年矿机行业市场规模约为226亿元RMB，预计上半年出货量27万台（中芯国际15万台、台积电12万台），下半年出货量52万台（中芯国际25万台、台积电12万台、其它15万台）。比特币挖矿行业的年新增收入或超过1000亿元人民币。光大证券指出，2020-2024年为比特币的第四个减半周期，每日挖矿奖励比特币数量为900枚，交易手续费用约100枚，合计约1000枚，以5万美金/枚价格计算，挖矿行业每年有望新增收入约1000X50000X365=180亿美金。","news_type":1,"symbols_score_info":{"159813":0.9,"CAN":0.9}},"isVote":1,"tweetType":1,"viewCount":616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327660095,"gmtCreate":1616080587717,"gmtModify":1704790763233,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"Yy","listText":"Yy","text":"Yy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327660095","repostId":"1141093943","repostType":4,"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327684135,"gmtCreate":1616080473227,"gmtModify":1704790761758,"author":{"id":"3579091027208131","authorId":"3579091027208131","name":"小白菜逆袭","avatar":"https://static.tigerbbs.com/e6fae3ff5fe246fa905d2a09cc814fdf","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3579091027208131","idStr":"3579091027208131"},"themes":[],"htmlText":"Yy","listText":"Yy","text":"Yy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327684135","repostId":"1141093943","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTwe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