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新加坡的大螃蟹

2021-07-24

like pls

The "secret" of Tenfold Fund: How can fund investors truly make money?

新加坡的大螃蟹

2021-06-23

Hhhhhhhhhhhh

新加坡的大螃蟹

2021-06-22

Hahahahahahahahahahha

新加坡的大螃蟹

2021-06-15

hi

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新加坡的大螃蟹

2021-06-15

hi

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新加坡的大螃蟹

2021-06-09

Lailailai

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新加坡的大螃蟹

2021-06-05

Hhhhhhhhhh

新加坡的大螃蟹

2021-05-14

?

Google announced it had won the contract to provide computing and network resources to SpaceX.

新加坡的大螃蟹

2021-05-14

?

Alibaba fell nearly 5% intraday, with its stock price dropping to its lowest level since July last year.

新加坡的大螃蟹

2021-05-09

eloleo

In the second half of the year, will the pharmaceutical fund become the most beautiful "cub"?

新加坡的大螃蟹

2021-05-02

good

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新加坡的大螃蟹

2021-05-01

？？？

Nio delivered 7102 vehicles in April, up 125.1% year over year

新加坡的大螃蟹

2021-04-27

hmm

Pre-market changes: Tesla fell more than 3%, new retail leader surged 13%

新加坡的大螃蟹

2021-04-16

frugality

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新加坡的大螃蟹

2021-03-22

nio to the moon

Pre-market Movement: Transmission of Return to Hong Kong Listing, "Three Brothers to Build Cars" Hand in Hand Higher

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As the saying goes, a dream is something that is difficult to achieve, but we have found that there are still some \"dream realizers\" around us. How did they do it?</p><p><b>Why ten times?</b></p><p>\"Tenbagger\" is a term mentioned by American investment guru Peter Lynch in his autobiography \"One Up On Wall Street\".</p><p>This roughly refers to stocks whose stock price can increase tenfold after long-term development, supported by revenue and profit growth.</p><p>Peter Lynch wrote in his autobiography:<b>The best way to find ten-fold stocks is to start looking around you. If you can't find them there, go to the shopping mall to look for them. His early connection with ten-fold stocks started from \"around him\".</b></p><p>Peter Lynch once discovered that his three daughters were all using cosmetics from a company called The body Shop. Although The body Shop is a beauty brand, most of its chain stores in Europe and America are located in prominent places such as street corners, rather than just in shopping malls.</p><p>Peter Lynch's research found that the company's products are relatively standardized, affordable, and cover a wide range of age groups. They expanded by adding franchise stores and engaged in multinational operations from the outset, demonstrating strong market expansion capabilities.</p><p>Peter Lynch seized this opportunity, and after The body Shop went public in The UK, its stock price soared, eventually becoming a veritable Tenbagger.</p><p><b>Tenbagger in the mutual fund market</b></p><p>Tenbagger was later extended to the fund industry, referring to funds whose net asset value has increased ten times or more compared to the time of launch. As of June 25, 2021, there were 56 domestic public funds with a tenfold increase. (Data source: Galaxy Securities, as of June 25, 2021)</p><p>What kind of markets have these funds experienced, and what common characteristics do they share?</p><p><b>Births - Most were born in 2006 and before</b></p><p>Of the 56 funds, only 2 were established in 2006 or earlier. They experienced the bull market of 2006-2007 and the market decline of 2008, and went through several bull and bear market cycles. As of June 25, 2021, their average establishment time was 16.6 years. (Data source: Galaxy Securities, as of June 25, 2021)</p><p><b>It is clear that good investments do indeed require time to witness.</b></p><p>The establishment time of the ten-fold base and the corresponding index points</p><p><img src=\"https://static.tigerbbs.com/2287c6895d9a9cc1d15c36637e290d10\" tg-width=\"1000\" tg-height=\"407\" referrerpolicy=\"no-referrer\"></p><p>Data source: Galaxy Securities. As of June 25, 2021, the bar chart represents the number of tenfold funds established in that year, the line chart represents the Shanghai Composite Index, the left axis represents the corresponding index points, and the right axis represents the number of funds established. Historical performance does not guarantee the future, and fund investment requires caution.</p><p><b>Growth – Not always among the top students in the class</b></p><p>In the growth of tenfold funds, we have found that they rarely consistently rank among the top in their categories in a single year. One of the important reasons is that these funds are less likely to pursue short-term hot topics and abandon long-term investment strategies and styles.</p><p>Among the 56 tenfold funds, only 7 funds have ever won the championship in their category (2007-2020), 13 funds have never entered the top 10 of their category in a single year, and few funds have been able to rank in the top 10 of their category for two consecutive years. (Data source: Galaxy Securities, as of June 25, 2021)</p><p>We have listed the annual \"report cards\" of the top ten funds. These funds may not always be in the top quarter in the short term, but their value will become more prominent over time.</p><p>Some ten-fold basis \"report cards\"</p><p><img src=\"https://static.tigerbbs.com/971280df3e4665bafe1a50e179559917\" tg-width=\"1000\" tg-height=\"506\" referrerpolicy=\"no-referrer\"></p><p>Data source: Galaxy Securities, as of June 25, 2021. Historical performance does not guarantee the future, and fund investment requires caution.</p><p><b>Adults - Solving \"difficult problems\" is a compulsory course</b></p><p>The A-share market is characterized by short bull markets and long bear markets. Ten-fold funds have often experienced several bear markets, and challenges are an essential lesson for them.</p><p>We selected several typical one-sided downward markets in the A-share market, and the average decline of the Tenfold Fund in these markets was lower than that of the Shanghai Composite Index and equity fund indices.</p><p>Market performance in a unilateral downward trend based on ten-fold basis</p><p><img src=\"https://static.tigerbbs.com/7eb0ab7b7db6441e489079d3818e347c\" tg-width=\"1000\" tg-height=\"453\" referrerpolicy=\"no-referrer\"></p><p>Data source: wind, Galaxy Securities, as of 2021/6/25</p><p>Although this is a \"God's perspective\" approach to exploration, the performance of these funds in a one-sided downward market still gives us some inspiration.</p><p>One very important one is that,<b>\"First strive to remain undefeated, then strive to win,\" and seasoned investors know that a 50% drop requires approximately a 100% increase to return to the starting point.</b>。</p><p>Moreover, in Tenfold Fund's periodic reports, we found that during periods of market heat, most Tenfold Funds had a certain defensive tendency towards the market. In the first quarter reports of 2007, many of the aforementioned funds mentioned \"improving portfolio defensiveness\" in their reports. Some tenfold funds mentioned \"reducing the concentration of shareholdings\" in their 2015 reports.</p><p><b>Therefore, Tenfold Base not only relies on its rise in an \"easy\" market, but also on its ability to perform too well when faced with difficult \"tests\".</b></p><p><b>Success—The Bonus of \"Family Background\" and \"Benefactors\"</b></p><p>When exploring the Tenfold Fund, fund companies and fund managers play an important role.</p><p>Most funds with ten-fold funds come from families with solid investment research capabilities, which is one of the foundations supporting the fund's long-term outstanding performance.</p><p><b>From the perspective of fund managers, a good fund manager can be considered the \"benefactor\" of a tenfold fund.</b></p><p>Huabao Securities once produced a four-quadrant chart for fund managers to depict their industry allocation and investment philosophy.</p><p>Overall, there are more quadrants on the left for ten-fold fund managers, namely, industries are scattered or concentrated, and industries switch less frequently. A balanced and diversified portfolio combined with minimal industry switching can minimize portfolio risk. Fund managers with concentrated industry allocation and minimal industry switching are usually more optimistic about a particular high-quality sector and hold it for the long term.</p><p><img src=\"https://static.tigerbbs.com/b85062db9868a316890ff75fbab0ea3b\" tg-width=\"524\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p><p>Source: Huabao Securities</p><p>Of course, when choosing a 10x fund, you should also pay attention to analyzing the current fund manager's time under management and related performance, and choose a product that better suits your risk-return preferences.</p><p><b>Who is protecting the \"tenfold base\"?</b></p><p><b>In reality, a fund's growth, adulthood, and the \"difficult periods\" it goes through are also experienced by its holders. Many people can accompany a fund for a year, but very few can accompany it for ten years.</b></p><p><b>The philosophy of long-term investing is to be friends with time. 'The most romantic thing I can think of is growing old with you.'</b></p><p><b>Mr. Li has held the fund for 17 years.</b></p><p><b>The longest-term fund investment is more than 10 years; it was initially purchased with children's New Year's money. I believe that the long-term power of investment will continue.</b></p><p><b>—Ms. Han held the fund for 13 years</b></p><p><b>I might be the only one who has only bought and not sold since its release.</b></p><p><b>— Message from the \"Finding Trend Millionaires\" campaign</b></p><p><b>Only through time and hard work can we achieve qualitative change, grow together, and move forward together.</b></p><p><b>— Fund Investors in the Discussion Forum</b></p><p>Investor Records once conducted relevant research and found the holders of the Tenfold Fund from the fund's periodic reports. Their characteristics are that they dare to buy during market panic and are more patient than most investors. Some people say that they may have \"forgotten\" their holdings, but this \"forgetting\" also makes them staunch guardians of the Tenfold Fund from another perspective.</p><p><b>Finally, reasonable expectations are a prerequisite for investment and companionship. The path of investing requires both strength and endurance. If it's a high-quality fund, you might as well give it more time to allow its value to accumulate.</b></p>","source":"lsy1619314504794","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The \"secret\" of Tenfold Fund: How can fund investors truly make money?</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\">\nThe \"secret\" of Tenfold Fund: How can fund investors truly make money?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\"> 兴证全球基金</strong><span class=\"h-time small\">2021-07-24 14:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Finding a tenfold investment target is undoubtedly every investor's dream. As the saying goes, a dream is something that is difficult to achieve, but we have found that there are still some \"dream realizers\" around us. How did they do it?</p><p><b>Why ten times?</b></p><p>\"Tenbagger\" is a term mentioned by American investment guru Peter Lynch in his autobiography \"One Up On Wall Street\".</p><p>This roughly refers to stocks whose stock price can increase tenfold after long-term development, supported by revenue and profit growth.</p><p>Peter Lynch wrote in his autobiography:<b>The best way to find ten-fold stocks is to start looking around you. If you can't find them there, go to the shopping mall to look for them. His early connection with ten-fold stocks started from \"around him\".</b></p><p>Peter Lynch once discovered that his three daughters were all using cosmetics from a company called The body Shop. Although The body Shop is a beauty brand, most of its chain stores in Europe and America are located in prominent places such as street corners, rather than just in shopping malls.</p><p>Peter Lynch's research found that the company's products are relatively standardized, affordable, and cover a wide range of age groups. They expanded by adding franchise stores and engaged in multinational operations from the outset, demonstrating strong market expansion capabilities.</p><p>Peter Lynch seized this opportunity, and after The body Shop went public in The UK, its stock price soared, eventually becoming a veritable Tenbagger.</p><p><b>Tenbagger in the mutual fund market</b></p><p>Tenbagger was later extended to the fund industry, referring to funds whose net asset value has increased ten times or more compared to the time of launch. As of June 25, 2021, there were 56 domestic public funds with a tenfold increase. (Data source: Galaxy Securities, as of June 25, 2021)</p><p>What kind of markets have these funds experienced, and what common characteristics do they share?</p><p><b>Births - Most were born in 2006 and before</b></p><p>Of the 56 funds, only 2 were established in 2006 or earlier. They experienced the bull market of 2006-2007 and the market decline of 2008, and went through several bull and bear market cycles. As of June 25, 2021, their average establishment time was 16.6 years. (Data source: Galaxy Securities, as of June 25, 2021)</p><p><b>It is clear that good investments do indeed require time to witness.</b></p><p>The establishment time of the ten-fold base and the corresponding index points</p><p><img src=\"https://static.tigerbbs.com/2287c6895d9a9cc1d15c36637e290d10\" tg-width=\"1000\" tg-height=\"407\" referrerpolicy=\"no-referrer\"></p><p>Data source: Galaxy Securities. As of June 25, 2021, the bar chart represents the number of tenfold funds established in that year, the line chart represents the Shanghai Composite Index, the left axis represents the corresponding index points, and the right axis represents the number of funds established. Historical performance does not guarantee the future, and fund investment requires caution.</p><p><b>Growth – Not always among the top students in the class</b></p><p>In the growth of tenfold funds, we have found that they rarely consistently rank among the top in their categories in a single year. One of the important reasons is that these funds are less likely to pursue short-term hot topics and abandon long-term investment strategies and styles.</p><p>Among the 56 tenfold funds, only 7 funds have ever won the championship in their category (2007-2020), 13 funds have never entered the top 10 of their category in a single year, and few funds have been able to rank in the top 10 of their category for two consecutive years. (Data source: Galaxy Securities, as of June 25, 2021)</p><p>We have listed the annual \"report cards\" of the top ten funds. These funds may not always be in the top quarter in the short term, but their value will become more prominent over time.</p><p>Some ten-fold basis \"report cards\"</p><p><img src=\"https://static.tigerbbs.com/971280df3e4665bafe1a50e179559917\" tg-width=\"1000\" tg-height=\"506\" referrerpolicy=\"no-referrer\"></p><p>Data source: Galaxy Securities, as of June 25, 2021. Historical performance does not guarantee the future, and fund investment requires caution.</p><p><b>Adults - Solving \"difficult problems\" is a compulsory course</b></p><p>The A-share market is characterized by short bull markets and long bear markets. Ten-fold funds have often experienced several bear markets, and challenges are an essential lesson for them.</p><p>We selected several typical one-sided downward markets in the A-share market, and the average decline of the Tenfold Fund in these markets was lower than that of the Shanghai Composite Index and equity fund indices.</p><p>Market performance in a unilateral downward trend based on ten-fold basis</p><p><img src=\"https://static.tigerbbs.com/7eb0ab7b7db6441e489079d3818e347c\" tg-width=\"1000\" tg-height=\"453\" referrerpolicy=\"no-referrer\"></p><p>Data source: wind, Galaxy Securities, as of 2021/6/25</p><p>Although this is a \"God's perspective\" approach to exploration, the performance of these funds in a one-sided downward market still gives us some inspiration.</p><p>One very important one is that,<b>\"First strive to remain undefeated, then strive to win,\" and seasoned investors know that a 50% drop requires approximately a 100% increase to return to the starting point.</b>。</p><p>Moreover, in Tenfold Fund's periodic reports, we found that during periods of market heat, most Tenfold Funds had a certain defensive tendency towards the market. In the first quarter reports of 2007, many of the aforementioned funds mentioned \"improving portfolio defensiveness\" in their reports. Some tenfold funds mentioned \"reducing the concentration of shareholdings\" in their 2015 reports.</p><p><b>Therefore, Tenfold Base not only relies on its rise in an \"easy\" market, but also on its ability to perform too well when faced with difficult \"tests\".</b></p><p><b>Success—The Bonus of \"Family Background\" and \"Benefactors\"</b></p><p>When exploring the Tenfold Fund, fund companies and fund managers play an important role.</p><p>Most funds with ten-fold funds come from families with solid investment research capabilities, which is one of the foundations supporting the fund's long-term outstanding performance.</p><p><b>From the perspective of fund managers, a good fund manager can be considered the \"benefactor\" of a tenfold fund.</b></p><p>Huabao Securities once produced a four-quadrant chart for fund managers to depict their industry allocation and investment philosophy.</p><p>Overall, there are more quadrants on the left for ten-fold fund managers, namely, industries are scattered or concentrated, and industries switch less frequently. A balanced and diversified portfolio combined with minimal industry switching can minimize portfolio risk. Fund managers with concentrated industry allocation and minimal industry switching are usually more optimistic about a particular high-quality sector and hold it for the long term.</p><p><img src=\"https://static.tigerbbs.com/b85062db9868a316890ff75fbab0ea3b\" tg-width=\"524\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p><p>Source: Huabao Securities</p><p>Of course, when choosing a 10x fund, you should also pay attention to analyzing the current fund manager's time under management and related performance, and choose a product that better suits your risk-return preferences.</p><p><b>Who is protecting the \"tenfold base\"?</b></p><p><b>In reality, a fund's growth, adulthood, and the \"difficult periods\" it goes through are also experienced by its holders. Many people can accompany a fund for a year, but very few can accompany it for ten years.</b></p><p><b>The philosophy of long-term investing is to be friends with time. 'The most romantic thing I can think of is growing old with you.'</b></p><p><b>Mr. Li has held the fund for 17 years.</b></p><p><b>The longest-term fund investment is more than 10 years; it was initially purchased with children's New Year's money. I believe that the long-term power of investment will continue.</b></p><p><b>—Ms. Han held the fund for 13 years</b></p><p><b>I might be the only one who has only bought and not sold since its release.</b></p><p><b>— Message from the \"Finding Trend Millionaires\" campaign</b></p><p><b>Only through time and hard work can we achieve qualitative change, grow together, and move forward together.</b></p><p><b>— Fund Investors in the Discussion Forum</b></p><p>Investor Records once conducted relevant research and found the holders of the Tenfold Fund from the fund's periodic reports. Their characteristics are that they dare to buy during market panic and are more patient than most investors. Some people say that they may have \"forgotten\" their holdings, but this \"forgetting\" also makes them staunch guardians of the Tenfold Fund from another perspective.</p><p><b>Finally, reasonable expectations are a prerequisite for investment and companionship. The path of investing requires both strength and endurance. If it's a high-quality fund, you might as well give it more time to allow its value to accumulate.</b></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA\"> 兴证全球基金</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/753c9aba3202037bc97463c545d5d015","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194494092","content_text":"挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？\n为什么是十倍？\n“十倍”（Tenbagger）是美国投资大师彼得·林奇在其自传《One Up On Wall Street》中提及的词汇。\n大概意思是指企业经过长期发展，在营收与利润增长的支持下，股价能够上涨10倍的股票。\n彼得·林奇在自传中曾写道：寻找十倍股最佳的方式就是从身边找起，在那里找不到，就去购物中心里去找，而他早期与十倍股结缘，也正是从“身边”开始的。\n彼得·林奇有一次发现自己的三个女儿都在使用来自一家名叫美体小铺（The body Shop）公司的化妆品。The body Shop 虽然是一个美妆品牌，但它在欧美地区的大多数连锁店，都是开在街角等较为显眼的地方，而不仅仅是在商场里。\n彼得·林奇研究发现，这家公司的产品相对标准化，价格亲民，客户覆盖的年龄段相当宽泛。通过增加特许连锁店的方式进行扩张，而且一开始就进行跨国经营，市场扩张能力很强。\n彼得·林奇把握住了这一机会，The body Shop 在英国上市后，股价节节攀升，最终成为名副其实的Tenbagger（十倍股）。\n公募基金市场中的Tenbagger\nTenbagger后来也被延用到了基金圈，意指基金净值较发行时增长十倍及以上的基金，截至到2021年6月25日，国内公募基金共有56只十倍基。（数据来源：银河证券，截至2021/6/25）\n这些基金都经历过怎样的市场，又都有什么共同的特点呢？\n出生——大部分生于2006年及之前\n在56只基金中，除了2只基金，其余54只基金均成立于2006年及之前，经历过2006年-2007年的大牛市，也经历过2008年市场下跌，历经数度牛熊转换，截至2021年6月25日，平均成立时间16.6年。（数据来源：银河证券，截至2021/6/25）\n可见，好的投资，确实需要时间的见证。\n十倍基成立时间及对应指数点位\n\n数据来源：银河证券，截至2021/6/25，柱状图代表在当年成立的十倍基数量，折线图代表沪指，左侧轴为相对应指数点位，右侧为基金成立数量。历史业绩不代表未来，基金投资需谨慎。\n成长——不总是“班上”前几名\n在十倍基的成长过程中，我们发现，它们很少能连续在单一年度业绩排在同类前几名，其中重要的原因之一是，这些基金较少会追求短期热点而放弃长期坚持的投资策略和风格。\n在56只十倍基中，仅有7只基金曾获得过同类别冠军（2007年-2020年），有13只基金未进入过单一年度同类前10，鲜有基金能连续两年排进同类前10。（数据来源：银河证券，截至2021/6/25）\n我们罗列了排在前几位的十倍基每年的“成绩单”，这些基金在短期内无法总在前1/4，但在时间的作用下价值凸显。\n部分十倍基“成绩单”\n\n数据来源：银河证券，截至2021/6/25。历史业绩不代表未来，基金投资需谨慎。\n成人——解决“难题”是必修课\nA股市场牛短熊长，十倍基往往都经历过数个熊市，而难题也是它们的必修课。\n我们选取了A股市场中几个较为典型的单边下行市场，十倍基在这些市场中的平均跌幅均低于上证指数及偏股基金指数。\n十倍基单边下行市场表现情况\n\n数据来源：wind，银河证券，截至2021/6/25\n尽管这是一种“上帝视角”的探究方式，但这些基金在单边下行市场中的表现，还是给了我们一定的启发。\n其中很重要的一条是，“先求不败，再求胜”，而老练的投资者熟知，下跌50%，需要约100%的涨幅才能回到原点。\n不仅如此，在十倍基的定期报告中我们发现，在市场较热时期，大部分的十倍基金对市场都有一定的防守倾向，2007年一季报中，上述基金中多只基金的报告中提到“提高组合防御性”；2015年部分十倍基金报告中提及“降低持股集中度”等。\n所以，十倍基不仅仅是靠着“容易”市场中的上涨，还靠着在面对难“试卷”的时候，也不会表现得太差。\n成功 —— “家世”与“贵人”的加成\n探究十倍基，基金公司及基金经理扮演着重要的角色。\n十倍基的家世，多数都拥有扎实的投研实力，这是支撑基金长期业绩优异的基础之一。\n从基金经理来看，好的基金经理可谓是十倍基的“贵人”。\n华宝证券曾制作基金经理四象限图，刻画基金经理的行业配置及投资理念。\n整体来看，十倍基基金经理在左侧象限较多，即行业分散或集中、行业少切换。行业均衡分散+行业少切换可以尽可能控制组合的风险；行业集中配置+行业少切换的基金经理通常较为坚定看好某一优质赛道并长期持有。\n\n资料来源：华宝证券\n当然，在选择十倍基的时候，也要注意分析现任基金经理的在管时间和相关业绩表现，选择更符合自己风险收益偏好的产品。\n谁在守护“十倍基”？\n实际上，一只基金经历的成长、成人以及过程中的“困难时期”，持有人也一样会经历，而能陪伴基金一年者甚多，但十年者甚少。\n长期投资的理念是要做时间的朋友，‘我能想到最浪漫的事就是和你一起慢慢变老’。\n——李先生 持有基金17年\n最长期的基金投资不止10年，最开始是用小孩的压岁钱买的。相信投资的长期力量，会一直坚持。\n——韩女士 持有基金13年\n我有可能是唯一一个从发行到现在只买不卖的人。\n—— “寻找趋势百万持有人”活动留言\n只有经过时间的积累和努力才有收获质变的可能，一起成长，共同前行。\n—— 讨论区基民\n投资人记事曾做过相关研究，从基金定期报告中，找到十倍基的持有者，他们的特点是，敢于在市场恐慌的时候买入，并比多数投资者更有耐心，有人说，也许他“遗忘”了自己的持仓，但这种“遗忘”，也从另一个侧面成为了十倍基的坚定守护者。\n最后，合理的预期是投资和陪伴的前提。投资之路，既要比拼实力，也要比拼耐力，如果是一只优质的基金，不妨多给它一些时间，让价值沉淀。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":6072,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123591803,"gmtCreate":1624428078602,"gmtModify":1703836387890,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"Hhhhhhhhhhhh","listText":"Hhhhhhhhhhhh","text":"Hhhhhhhhhhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123591803","isVote":1,"tweetType":1,"viewCount":4773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129399049,"gmtCreate":1624356586481,"gmtModify":1703834258740,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"Hahahahahahahahahahha","listText":"Hahahahahahahahahahha","text":"Hahahahahahahahahahha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129399049","isVote":1,"tweetType":1,"viewCount":5388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184562330,"gmtCreate":1623719060720,"gmtModify":1704209414626,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184562330","repostId":"2143733526","repostType":4,"isVote":1,"tweetType":1,"viewCount":4994,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184566899,"gmtCreate":1623719048211,"gmtModify":1704209413325,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184566899","repostId":"2143733526","repostType":4,"isVote":1,"tweetType":1,"viewCount":5147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180763573,"gmtCreate":1623227626792,"gmtModify":1704198772246,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"Lailailai","listText":"Lailailai","text":"Lailailai","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180763573","repostId":"2142916632","repostType":4,"isVote":1,"tweetType":1,"viewCount":5092,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112966771,"gmtCreate":1622846681193,"gmtModify":1704192197363,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"Hhhhhhhhhh","listText":"Hhhhhhhhhh","text":"Hhhhhhhhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112966771","isVote":1,"tweetType":1,"viewCount":4841,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198328780,"gmtCreate":1620930081840,"gmtModify":1704350677380,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c27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22:40","market":"us","language":"zh","title":"Google announced it had won the contract to provide computing and network resources to SpaceX.","url":"https://stock-news.laohu8.com/highlight/detail?id=1167274875","media":"智通财经","summary":"显然，这笔交易代表着谷歌在云计算市场的一次胜利。","content":"<p>On Thursday, it was reported that,<a href=\"https://laohu8.com/S/GOOG\">Google</a>It was announced today that its cloud division has won a contract to provide computing and network resources to SpaceX, Elon Musk's space exploration technology company, to help SpaceX provide internet services through its Starlink satellites.</p><p>According to the cooperation agreement, SpaceX will install a ground station at Google's data center to connect to SpaceX's Starlink satellites, and plans to provide high-speed internet services to enterprises in the second half of this year. Clearly, this deal represents a victory for Google in the cloud computing market. Currently, the cloud computing market is developing rapidly, and Google is striving to...<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>and<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>They are grabbing market share.</p><p><img src=\"https://static.tigerbbs.com/debeb3f13e3f9c15841bd1543c97f5d3\" tg-width=\"840\" tg-height=\"470\"></p>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google announced it had won the contract to provide computing and network resources to SpaceX.</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\">\nGoogle announced it had won the contract to provide computing and network resources to SpaceX.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经</strong><span class=\"h-time small\">2021-05-13 22:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On Thursday, it was reported that,<a href=\"https://laohu8.com/S/GOOG\">Google</a>It was announced today that its cloud division has won a contract to provide computing and network resources to SpaceX, Elon Musk's space exploration technology company, to help SpaceX provide internet services through its Starlink satellites.</p><p>According to the cooperation agreement, SpaceX will install a ground station at Google's data center to connect to SpaceX's Starlink satellites, and plans to provide high-speed internet services to enterprises in the second half of this year. Clearly, this deal represents a victory for Google in the cloud computing market. Currently, the cloud computing market is developing rapidly, and Google is striving to...<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>and<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>They are grabbing market share.</p><p><img src=\"https://static.tigerbbs.com/debeb3f13e3f9c15841bd1543c97f5d3\" tg-width=\"840\" tg-height=\"470\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.zhitongcaijing.com/content/detail/474654.html\">智通财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8ab2a423ce1c2af9697237b229cede72","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.zhitongcaijing.com/content/detail/474654.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"1167274875","content_text":"周四，据报道，谷歌今日宣布，其云部门已赢得一份合同，向埃隆·马斯克旗下太空探索技术公司SpaceX提供计算和网络资源，以帮助SpaceX通过其“星链”（Starlink）卫星提供互联网服务。根据合作协议，SpaceX将在谷歌数据中心安装地面站，连接SpaceX的“星链”卫星，计划在今年下半年为企业提供快速互联网服务。显然，这笔交易代表着谷歌在云计算市场的一次胜利。当前，云计算市场发展迅速，而谷歌正努力从亚马逊和微软手中抢夺份额。","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":4972,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198328436,"gmtCreate":1620930069925,"gmtModify":1704350677057,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198328436","repostId":"1124198478","repostType":4,"repost":{"id":"1124198478","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":1620917329,"share":"https://ttm.financial/m/news/1124198478?lang=en_US&edition=fundamental","pubTime":"2021-05-13 22:48","market":"us","language":"zh","title":"Alibaba fell nearly 5% intraday, with its stock price dropping to its lowest level since July last year.","url":"https://stock-news.laohu8.com/highlight/detail?id=1124198478","media":"老虎资讯综合","summary":"周四，阿里巴巴盘中跌近5%，股价低见209.50美元，较去年10月创下的峰值下跌了30％以上，目前股价为去年7月份以来最低。消息面上，阿里巴巴今日公布了2021财年四季度及全年财报。公司四季度经营亏损","content":"<p>Thursday,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>The stock fell nearly 5% during the session, hitting a low of $209.50, down more than 30% from its peak in October last year. The current stock price is the lowest since July last year.</p><p><img src=\"https://static.tigerbbs.com/b300acd6dc2868d9f4b9814b67022715\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>In terms of news, Alibaba today released its financial results for the fourth quarter and full year of fiscal year 2021. The company reported an operating loss of 7.663 billion yuan in the fourth quarter, marking its first quarterly loss since Alibaba's listing. The company stated that the losses were mainly due to fines imposed in antitrust investigations. Excluding this one-time impact, the company's operating profit was RMB 10.565 billion, representing a year-on-year increase of 48%.</p><p><b>Click to view:</b><a href=\"https://laohu8.com/NW/1195138527\" target=\"_blank\"><b>ALIBABA GROUP FOURTH QUARTERLY AND FULL YEAR REPORT 2021</b></a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba fell nearly 5% intraday, with its stock price dropping to its lowest level since July last year.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba fell nearly 5% intraday, with its stock price dropping to its lowest level since July last year.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-13 22:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Thursday,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>The stock fell nearly 5% during the session, hitting a low of $209.50, down more than 30% from its peak in October last year. The current stock price is the lowest since July last year.</p><p><img src=\"https://static.tigerbbs.com/b300acd6dc2868d9f4b9814b67022715\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>In terms of news, Alibaba today released its financial results for the fourth quarter and full year of fiscal year 2021. The company reported an operating loss of 7.663 billion yuan in the fourth quarter, marking its first quarterly loss since Alibaba's listing. The company stated that the losses were mainly due to fines imposed in antitrust investigations. Excluding this one-time impact, the company's operating profit was RMB 10.565 billion, representing a year-on-year increase of 48%.</p><p><b>Click to view:</b><a href=\"https://laohu8.com/NW/1195138527\" target=\"_blank\"><b>ALIBABA GROUP FOURTH QUARTERLY AND FULL YEAR REPORT 2021</b></a></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ca2161e8ddb469de4171b1fb09459c6b","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124198478","content_text":"周四，阿里巴巴盘中跌近5%，股价低见209.50美元，较去年10月创下的峰值下跌了30％以上，目前股价为去年7月份以来最低。消息面上，阿里巴巴今日公布了2021财年四季度及全年财报。公司四季度经营亏损76.63亿，为阿里上市以来的首次季度亏损。公司称亏损主要受反垄断调查的罚款影响。剔除该一次性影响，公司的经营利润为人民币105.65亿元，同比增长48%。点击查看：阿里巴巴集团2021财年四季度及全年业绩报告","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":4346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107415641,"gmtCreate":1620528765583,"gmtModify":1704344639365,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"eloleo","listText":"eloleo","text":"eloleo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107415641","repostId":"1133792628","repostType":4,"repost":{"id":"1133792628","kind":"news","pubTimestamp":1620435850,"share":"https://ttm.financial/m/news/1133792628?lang=en_US&edition=fundamental","pubTime":"2021-05-08 09:04","market":"sh","language":"zh","title":"In the second half of the year, will the pharmaceutical fund become the most beautiful \"cub\"?","url":"https://stock-news.laohu8.com/highlight/detail?id=1133792628","media":"苏宁金融研究院","summary":"自今年2月沪深300大幅下挫以来，市场一直维持震荡行情。不过，五一劳动节前的一波市场行情，让不少明星基金产品重新回到大众的视野当中。\n随着货币市场及财政政策的逐渐明朗，总体来看，公募基金下半年不会面临","content":"<p>Since the CSI 300 fell sharply in February this year, the market has maintained a volatile trend. However, the market rally before May Day brought many star fund products back into the public eye.</p><p>With the gradual clarification of money market and fiscal policies, overall, mutual funds will not face large-scale redemption pressure in the second half of the year. However, it is necessary to be wary of a market rebound that will lead fund investors to choose to redeem to stop losses and weaken the rebound. The author predicts that the pharmaceutical industry will become the focus in the second half of the year.</p><p><b>I.</b><b>Pharmaceutical funds outperform the market</b></p><p>Based on February 10, 2021, the author selected Zhang Kun's E Fund Small and Medium Cap, Yuan Fang's ICBC Credit Suisse Culture and Sports Industry A, and Ge Lan's China Europe Healthcare A for analysis.</p><p><img src=\"https://static.tigerbbs.com/7b2d09162501d8a0dcfd87bacc0ec9d4\" tg-width=\"569\" tg-height=\"317\" referrerpolicy=\"no-referrer\"></p><p>It can be found that, apart from Zhang Kun's E Fund Small and Mid-Cap Fund underperforming the CSI 300, Yuan Fang's ICBC Credit Suisse Culture and Sports Industry Fund and Ge Lan's China Europe Healthcare Fund have both outperformed the CSI 300, and their net asset values after adjusting for stock splits have reached about 93% of the highest point on February 10, 2021. Looking at the first quarter report of Sino-European Healthcare, Ge Lan only made a simple summary of such excellent results: We generally maintained a high position operation and focused on the long-term prospects of the innovative drug industry chain, medical services, and leading enterprises in high-quality generic drugs.</p><p>Choosing the right fund and industry is crucial. What is the growth potential of the pharmaceutical industry itself? The author selected the most commonly used comparison index for pharmaceutical funds, the CSI Pharmaceutical and Health Index, and compared it with the CSI 300 Index: From a performance perspective, the CSI Pharmaceutical and Health Index has outperformed the CSI 300 Index in both the short and medium to long term. In terms of volatility, the volatility of the CSI Pharmaceutical and Healthcare Index is generally higher than that of the CSI 300 Index. For fund investors with a slightly higher risk appetite, the CSI Pharmaceutical Index seems to be a better choice than the CSI 300 Index.</p><p>Note: Data statistics are as of April 30 this year. To eliminate the impact of dividends and consistent with the index calculation method, Zhongou Healthcare A uses net asset value per unit data.</p><p>Compared with the CSI Pharmaceutical and Health Index, the China Europe Healthcare Fund managed by Ge Lan has a more proactive management capability. Since 2017, this fund has achieved returns of more than three times, far exceeding the CSI Healthcare Index. Whether during periods of inflated market valuations or recent periods of market decline and volatility, Ge Lan's China Europe Healthcare A has outperformed the benchmark. Overall, Ge Lan can be considered an excellent fund manager who has weathered both bull and bear markets.</p><p><img src=\"https://static.tigerbbs.com/c38d95f77d0b8f5ff0b88ccdcce90782\" tg-width=\"578\" tg-height=\"289\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/acde296784ae353b1dba659233e5cd2e\" tg-width=\"569\" tg-height=\"288\" referrerpolicy=\"no-referrer\"></p><p>So, where is the pharmaceutical industry now? Currently, the overall PE (TTM) of the pharmaceutical industry is at a historically high level, but compared to the PE (TTM) of the CSI 300, the pharmaceutical industry as a whole is in a relatively stable range.</p><p><img src=\"https://static.tigerbbs.com/0c7556cf3745a752c3f7bce4d9c79b8a\" tg-width=\"560\" tg-height=\"397\" referrerpolicy=\"no-referrer\"></p><p><b>II.</b><b>Two \"certainties\" in the pharmaceutical industry</b></p><p>The pharmaceutical sector performed outstandingly, with pharmaceutical-themed funds \"riding the wave\". Moreover, the medical industry is highly certain in both the short and long term.</p><p><b>In the short term, the COVID-19 pandemic will bring \"certainty\".</b></p><p>Looking at the vaccination and new cases in the United States, Japan, and South Korea, the current COVID-19 vaccination rate per 100 people in Japan and South Korea is relatively low. Since the vaccine began to be widely available in February this year, the number of new cases and vaccinations per day has increased in tandem. The United States has a relatively high vaccine coverage rate, with nearly 75 doses administered per 100 people, and the number of new cases on the same day is also fluctuating downwards. However, it is worth noting that the number of new cases in the United States that day still exceeded 30,000, and the effectiveness of the vaccine cannot be verified in the short term.</p><p><img src=\"https://static.tigerbbs.com/745fd514ff5d0460acb694577f689a78\" tg-width=\"537\" tg-height=\"336\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/bde10b6b5c6ec98c8dba78b95c3dc89e\" tg-width=\"541\" tg-height=\"330\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/85e49685e09d55bfb31130ef969034de\" tg-width=\"537\" tg-height=\"331\" referrerpolicy=\"no-referrer\"></p><p>Furthermore, there are still no effective control measures for the situation in virus mutation, and the global epidemic situation is unlikely to improve significantly in the short term. In the future, all countries will continue to increase their investment in medical care.</p><p>Given that major foreign medical supplies producers and developing countries are suffering from the pandemic, the short-term certainty of China's medical supplies exports is expected to become a medium- to long-term certainty.</p><p><b>In the long run, my country's aging population will also bring \"certainty\".</b></p><p>The results of the 7th population census are yet to be released. However, there is no doubt that the problem of China's aging population is becoming increasingly prominent.</p><p>Existing data shows that by the end of 2019, my country's population aged 65 and above had reached 176 million, an increase of 9.45 million compared to 2018. At the same time, in 2019, the average life expectancy in my country reached 77.3 years, but the average healthy life expectancy was only 68.7 years, with an average survival time of more than 8 years with the disease.</p><p>Currently, my country's total health expenditure accounts for 5.2% of GDP, far lower than the world average of 9.9%. With the gradual upgrading of medical conditions, chronic diseases will receive more and more attention, and chronic diseases are extremely dependent on drugs and medical care, which will strongly promote the development of the medical industry. From this perspective, pharmaceutical funds remain a focus in the second half of the year.</p><p><b>III.</b><b>Which pharmaceutical funds can I buy?</b></p><p>In the future, which pharmaceutical funds<a href=\"https://laohu8.com/S/300785\">Worth buying</a>What?</p><p>The following are actively managed funds in the pharmaceutical and healthcare sector that have been established for more than 2 years, have a scale exceeding 1 billion yuan, and an annualized return exceeding 20%, for your reference:</p><p><img src=\"https://static.tigerbbs.com/0c7f73e70451f092cb598b4fefc961fe\" tg-width=\"545\" tg-height=\"519\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1568689437122","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>In the second half of the year, will the pharmaceutical fund become the most beautiful \"cub\"?</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\">\nIn the second half of the year, will the pharmaceutical fund become the most beautiful \"cub\"?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">苏宁金融研究院</strong><span class=\"h-time small\">2021-05-08 09:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Since the CSI 300 fell sharply in February this year, the market has maintained a volatile trend. However, the market rally before May Day brought many star fund products back into the public eye.</p><p>With the gradual clarification of money market and fiscal policies, overall, mutual funds will not face large-scale redemption pressure in the second half of the year. However, it is necessary to be wary of a market rebound that will lead fund investors to choose to redeem to stop losses and weaken the rebound. The author predicts that the pharmaceutical industry will become the focus in the second half of the year.</p><p><b>I.</b><b>Pharmaceutical funds outperform the market</b></p><p>Based on February 10, 2021, the author selected Zhang Kun's E Fund Small and Medium Cap, Yuan Fang's ICBC Credit Suisse Culture and Sports Industry A, and Ge Lan's China Europe Healthcare A for analysis.</p><p><img src=\"https://static.tigerbbs.com/7b2d09162501d8a0dcfd87bacc0ec9d4\" tg-width=\"569\" tg-height=\"317\" referrerpolicy=\"no-referrer\"></p><p>It can be found that, apart from Zhang Kun's E Fund Small and Mid-Cap Fund underperforming the CSI 300, Yuan Fang's ICBC Credit Suisse Culture and Sports Industry Fund and Ge Lan's China Europe Healthcare Fund have both outperformed the CSI 300, and their net asset values after adjusting for stock splits have reached about 93% of the highest point on February 10, 2021. Looking at the first quarter report of Sino-European Healthcare, Ge Lan only made a simple summary of such excellent results: We generally maintained a high position operation and focused on the long-term prospects of the innovative drug industry chain, medical services, and leading enterprises in high-quality generic drugs.</p><p>Choosing the right fund and industry is crucial. What is the growth potential of the pharmaceutical industry itself? The author selected the most commonly used comparison index for pharmaceutical funds, the CSI Pharmaceutical and Health Index, and compared it with the CSI 300 Index: From a performance perspective, the CSI Pharmaceutical and Health Index has outperformed the CSI 300 Index in both the short and medium to long term. In terms of volatility, the volatility of the CSI Pharmaceutical and Healthcare Index is generally higher than that of the CSI 300 Index. For fund investors with a slightly higher risk appetite, the CSI Pharmaceutical Index seems to be a better choice than the CSI 300 Index.</p><p>Note: Data statistics are as of April 30 this year. To eliminate the impact of dividends and consistent with the index calculation method, Zhongou Healthcare A uses net asset value per unit data.</p><p>Compared with the CSI Pharmaceutical and Health Index, the China Europe Healthcare Fund managed by Ge Lan has a more proactive management capability. Since 2017, this fund has achieved returns of more than three times, far exceeding the CSI Healthcare Index. Whether during periods of inflated market valuations or recent periods of market decline and volatility, Ge Lan's China Europe Healthcare A has outperformed the benchmark. Overall, Ge Lan can be considered an excellent fund manager who has weathered both bull and bear markets.</p><p><img src=\"https://static.tigerbbs.com/c38d95f77d0b8f5ff0b88ccdcce90782\" tg-width=\"578\" tg-height=\"289\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/acde296784ae353b1dba659233e5cd2e\" tg-width=\"569\" tg-height=\"288\" referrerpolicy=\"no-referrer\"></p><p>So, where is the pharmaceutical industry now? Currently, the overall PE (TTM) of the pharmaceutical industry is at a historically high level, but compared to the PE (TTM) of the CSI 300, the pharmaceutical industry as a whole is in a relatively stable range.</p><p><img src=\"https://static.tigerbbs.com/0c7556cf3745a752c3f7bce4d9c79b8a\" tg-width=\"560\" tg-height=\"397\" referrerpolicy=\"no-referrer\"></p><p><b>II.</b><b>Two \"certainties\" in the pharmaceutical industry</b></p><p>The pharmaceutical sector performed outstandingly, with pharmaceutical-themed funds \"riding the wave\". Moreover, the medical industry is highly certain in both the short and long term.</p><p><b>In the short term, the COVID-19 pandemic will bring \"certainty\".</b></p><p>Looking at the vaccination and new cases in the United States, Japan, and South Korea, the current COVID-19 vaccination rate per 100 people in Japan and South Korea is relatively low. Since the vaccine began to be widely available in February this year, the number of new cases and vaccinations per day has increased in tandem. The United States has a relatively high vaccine coverage rate, with nearly 75 doses administered per 100 people, and the number of new cases on the same day is also fluctuating downwards. However, it is worth noting that the number of new cases in the United States that day still exceeded 30,000, and the effectiveness of the vaccine cannot be verified in the short term.</p><p><img src=\"https://static.tigerbbs.com/745fd514ff5d0460acb694577f689a78\" tg-width=\"537\" tg-height=\"336\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/bde10b6b5c6ec98c8dba78b95c3dc89e\" tg-width=\"541\" tg-height=\"330\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/85e49685e09d55bfb31130ef969034de\" tg-width=\"537\" tg-height=\"331\" referrerpolicy=\"no-referrer\"></p><p>Furthermore, there are still no effective control measures for the situation in virus mutation, and the global epidemic situation is unlikely to improve significantly in the short term. In the future, all countries will continue to increase their investment in medical care.</p><p>Given that major foreign medical supplies producers and developing countries are suffering from the pandemic, the short-term certainty of China's medical supplies exports is expected to become a medium- to long-term certainty.</p><p><b>In the long run, my country's aging population will also bring \"certainty\".</b></p><p>The results of the 7th population census are yet to be released. However, there is no doubt that the problem of China's aging population is becoming increasingly prominent.</p><p>Existing data shows that by the end of 2019, my country's population aged 65 and above had reached 176 million, an increase of 9.45 million compared to 2018. At the same time, in 2019, the average life expectancy in my country reached 77.3 years, but the average healthy life expectancy was only 68.7 years, with an average survival time of more than 8 years with the disease.</p><p>Currently, my country's total health expenditure accounts for 5.2% of GDP, far lower than the world average of 9.9%. With the gradual upgrading of medical conditions, chronic diseases will receive more and more attention, and chronic diseases are extremely dependent on drugs and medical care, which will strongly promote the development of the medical industry. From this perspective, pharmaceutical funds remain a focus in the second half of the year.</p><p><b>III.</b><b>Which pharmaceutical funds can I buy?</b></p><p>In the future, which pharmaceutical funds<a href=\"https://laohu8.com/S/300785\">Worth buying</a>What?</p><p>The following are actively managed funds in the pharmaceutical and healthcare sector that have been established for more than 2 years, have a scale exceeding 1 billion yuan, and an annualized return exceeding 20%, for your reference:</p><p><img src=\"https://static.tigerbbs.com/0c7f73e70451f092cb598b4fefc961fe\" tg-width=\"545\" tg-height=\"519\" referrerpolicy=\"no-referrer\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/SX5XCz2NmaZk4KFourQInQ\">苏宁金融研究院</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1c17254274c2907ed04a766866b7c3d8","relate_stocks":{"160635":"医药基金"},"source_url":"https://mp.weixin.qq.com/s/SX5XCz2NmaZk4KFourQInQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133792628","content_text":"自今年2月沪深300大幅下挫以来，市场一直维持震荡行情。不过，五一劳动节前的一波市场行情，让不少明星基金产品重新回到大众的视野当中。\n随着货币市场及财政政策的逐渐明朗，总体来看，公募基金下半年不会面临大规模赎回的压力，但需要警惕市场的反弹导致基民陆续选择赎回止损，削弱反弹力度。笔者预判，医药行业会成为下半年的关注点。\n一、医药基金跑赢大盘\n以2021年2月10日为基准，笔者选取了张坤的易方达中小盘、袁芳的工银瑞信文体产业A及葛兰的中欧医疗健康A进行分析。\n\n可以发现，除张坤的易方达中小盘跑输沪深300以外，袁芳的工银瑞信文体产业和葛兰的中欧医疗健康都已跑赢沪深300，复权后净值均已经达到了2021年2月10日最高点的93%左右。翻看中欧医疗健康的一季报，面对这样优异的成绩，葛兰只做了简单地概括：我们总体维持了高仓位运作，在长期看好的创新药产业链、医疗服务、高质量仿制药的龙头企业等方向进行了着重布局。\n选基金选好行业很关键。医药行业本身的成长性如何？笔者选取了医药基金最常用的比较指数是中证医药卫生指数，将其与沪深300指数比较：从业绩角度来看，无论是短期还是中长期，中证医药卫生指数都跑赢了沪深300指数。在波动率方面，中证医药卫生指数波动率总体高于沪深300指数。对于风险偏好稍高的基民来说，中证医药指数似乎是比沪深300指数更好的选择。\n注：数据统计截至今年4月30日。为排除分红影响，与指数计算口径一致，中欧医疗健康A为单位净值数据。\n而葛兰掌管的中欧医疗健康基金与中证医药卫生指数相比，基金经理的主动管理能力凸显。2017年至今，这支基金跑出了3倍多的收益，远超中证医药卫生指数。无论是大盘估值膨胀期间，还是近期大盘下挫震荡期间，葛兰的中欧医疗健康A都跑赢了基准。总体来说，葛兰算是穿越牛熊的优秀基金经理了。\n\n那么，现在的医药行业处于什么位置？目前，医药行业整体PE(TTM)处于历史较高水平，但相对于沪深300的PE(TTM)，医药行业整体处于相对稳定的区间。\n\n二、医药行业的两个“确定性”\n医药板块表现突出，医药主题基金更是“乘风起舞”。且医疗行业，不管从短期还是长期来看，确定性都强。\n短期上，新冠疫情会带来“确定性”。\n从美、日、韩三国的疫苗接种与新增病例情况来看，日韩两国当前每百人新冠疫苗接种量较低，自今年2月开始普及疫苗以来，当日新增病例与疫苗接种量同增长。美国疫苗普及率相对较高，每百人接种量接近75剂次，当日新增病例也在震荡下跌的趋势中。但值得注意的是，美国当日新增病例依然超过3万，疫苗的有效性在短期内无法得到验证。\n\n且针对病毒变异情况，目前依然没有有效的控制手段，全球疫情短期内不会有太大的改善。未来，各国都将继续加大对医疗方面的投入。\n鉴于国外主要的医疗物资生产国及发展中国家饱受疫情困扰，中国医疗物资对外出口的短期确定性有望变成中长期确定性。\n长期上，我国人口老龄化也会带来“确定性”。\n第7次人口普查结果有待公布。但，毋庸置疑，中国人口老龄化问题越来越凸显。\n已有的数据显示，截至2019年底，我国65周岁及以上人口已达1.76亿，较2018年新增945万人。与此同时，2019年我国人均预期寿命达77.3岁，但人均健康预期寿命仅为68.7岁，平均有8年多带病生存时间。\n目前，我国卫生总费用占GDP比重为5.2%，远低于世界平均水平的9.9%。随着医疗条件的逐步升级，慢性疾病将越来越受到重视，而慢性疾病对药物和医疗的依赖性极高，这将有力地推动医疗业的发展。从这个角度来看，医药类基金依然是下半年的关注点。\n三、哪些医药基金可买\n未来，哪些医药基金值得买呢？\n以下是成立时间超过2年，规模超过10亿，年化超过20%的医药医疗题材的主动管理型基金，可供大家参考：","news_type":1,"symbols_score_info":{"160635":0.9}},"isVote":1,"tweetType":1,"viewCount":4874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101581310,"gmtCreate":1619922863530,"gmtModify":1704336391669,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101581310","repostId":"1148324867","repostType":4,"isVote":1,"tweetType":1,"viewCount":1840,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101122647,"gmtCreate":1619865368389,"gmtModify":1704335875305,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"？？？","listText":"？？？","text":"？？？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101122647","repostId":"1142462428","repostType":4,"repost":{"id":"1142462428","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":1619865321,"share":"https://ttm.financial/m/news/1142462428?lang=en_US&edition=fundamental","pubTime":"2021-05-01 18:35","market":"us","language":"zh","title":"Nio delivered 7102 vehicles in April, up 125.1% year over year","url":"https://stock-news.laohu8.com/highlight/detail?id=1142462428","media":"老虎资讯综合","summary":"蔚来官方微博公布4月交付数据，以下是重点：1、2021年4月交付7,102台，环比下滑2.1%，同比增长125.1%，保持高速发展态势；2、截至4月底，蔚来累计交付102,803台，突破10万里程碑；","content":"<p>Nio official Weibo announced the delivery data in April. The following are the key points:</p><p>7,102 units were delivered in April 2021, representing a decrease of 2.1% month-on-month and a year-on-year increase of 125.1%, maintaining a rapid development trend;</p><p>2. By the end of April, Nio had delivered a total of 102,803 units, exceeding the milestone of 100,000;</p><p>The new Nio ES8 delivered 1,523 units, the Nio ES6 delivered 3,163 units and the Nio EC6 delivered 2,416 units;</p><p>4. 2021 is a crucial year in the development of Nio. Nio will further improve the construction of charging and replacing and sales service network to provide you with the best whole experience; At the same time, we will firmly strengthen our investment in research and development of new products and new technologies to lay a solid foundation for long-term and stable development.</p><p><img src=\"https://static.tigerbbs.com/2ee97d8e743125dc073259ad405efddd\" tg-width=\"690\" tg-height=\"1494\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio delivered 7102 vehicles in April, up 125.1% year over year</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\">\nNio delivered 7102 vehicles in April, up 125.1% year over year\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-01 18:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nio official Weibo announced the delivery data in April. The following are the key points:</p><p>7,102 units were delivered in April 2021, representing a decrease of 2.1% month-on-month and a year-on-year increase of 125.1%, maintaining a rapid development trend;</p><p>2. By the end of April, Nio had delivered a total of 102,803 units, exceeding the milestone of 100,000;</p><p>The new Nio ES8 delivered 1,523 units, the Nio ES6 delivered 3,163 units and the Nio EC6 delivered 2,416 units;</p><p>4. 2021 is a crucial year in the development of Nio. Nio will further improve the construction of charging and replacing and sales service network to provide you with the best whole experience; At the same time, we will firmly strengthen our investment in research and development of new products and new technologies to lay a solid foundation for long-term and stable development.</p><p><img src=\"https://static.tigerbbs.com/2ee97d8e743125dc073259ad405efddd\" tg-width=\"690\" tg-height=\"1494\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/feebf0ff4401232c3ecc332f566f18e0","relate_stocks":{"NIO":"蔚来"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142462428","content_text":"蔚来官方微博公布4月交付数据，以下是重点：1、2021年4月交付7,102台，环比下滑2.1%，同比增长125.1%，保持高速发展态势；2、截至4月底，蔚来累计交付102,803台，突破10万里程碑；3、全新蔚来ES8交付1,523台，蔚来ES6交付3,163台，蔚来EC6交付2,416台；4、2021年是蔚来发展历程里至关重要的一年，蔚来会进一步提升充换电与销售服务网络的建设，为大家提供最好的全程体验；同时坚定地加强新产品和新技术的研发投入，为长远稳固的发展打下坚实基础。","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377867282,"gmtCreate":1619515904146,"gmtModify":1704725236359,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"hmm","listText":"hmm","text":"hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377867282","repostId":"1164588749","repostType":4,"repost":{"id":"1164588749","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":1619515490,"share":"https://ttm.financial/m/news/1164588749?lang=en_US&edition=fundamental","pubTime":"2021-04-27 17:24","market":"us","language":"zh","title":"Pre-market changes: Tesla fell more than 3%, new retail leader surged 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1164588749","media":"老虎资讯综合","summary":"4月27日（周二），美股三大指数期货在盘前交易时段小幅上涨。本周市场的焦点主要集中在企业财报、拜登的资本利得税提案、FOMC利率决议及随后鲍威尔的新闻发布会上。特斯拉盘前跌超3%。财报显示，特斯拉一季","content":"<p>On April 27th (Tuesday), the futures of the three major U.S. stock indexes rose slightly in the pre-market trading session. The focus of the market this week has been on corporate earnings, Biden's capital gains tax proposal, the FOMC interest rate decision and subsequent Powell's press conference.</p><p><img src=\"https://static.tigerbbs.com/2859500640aaf09ac198323fee9679af\" tg-width=\"695\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It fell more than 3% premarket. According to the financial report, Tesla's revenue in the first quarter was $10.39 billion, a year-on-year increase of 74%, but it was lower than the market expectation of $10.41 billion. Non-GAAP EPS of $0.93 per share increased by more than 300% year over year and beat estimates of $0.80.</p><p><a href=\"https://laohu8.com/S/MVIS\">Vision Image</a>It rose more than 13% premarket, and the stock closed up 47% yesterday. The data shows that the stock price of Vision Image has risen by more than 150% in the past four trading days.<b>The stock has become a hot topic on WSB forums.</b></p><p><img src=\"https://static.tigerbbs.com/a2179fb4195a6e55fdc7e170920382dd\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/GME\">Game Station</a>It rose more than 7% before the market. On the news, Game Station has completed its share issuance plan, selling 3.5 million shares and raising about 551 million US dollars.</p><p>Bitcoin continued to rebound, and some blockchain stocks in U.S. stocks rose before the market.<a href=\"https://laohu8.com/S/EBON\">EBON INTERNATIONAL</a>rose by more than 4%,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>It rose more than 3%, and Riot Blockchain rose 2.27%.</p><p><a href=\"https://laohu8.com/S/GSX\">Who to learn from</a>It rose by more than 2% before the market and closed by more than 15% yesterday. It is reported that training institutions such as Xueersi Online School, Ape Counseling and Gaotu Classroom have completely removed preschool courses.</p><p><a href=\"https://laohu8.com/S/BP\">BP</a>It rose 0.2% premarket. The company's revenue in the first quarter was USD 34.544 billion, compared with USD 30.973 billion in the same period last year; Net income attributable to shareholders was $4.667 billion, compared to a loss of $4.365 billion a year earlier.</p><p><a href=\"https://laohu8.com/S/HSBC\">HSBC</a>It rose 1.26% premarket. HSBC Holdings announced at noon today that its adjusted pre-tax profit for the first quarter rose 109% year-on-year to $6.4 billion, higher than market expectations of $4.3 billion. The bank earlier announced that it would not distribute quarterly Dividend in 2021, but it would consider whether to declare a Dividend when it announces its 2021 interim results in August.</p><p><a href=\"https://laohu8.com/S/NXPI\">NXP</a>Semiconductors rose 0.23% premarket. The company turned a profit year-on-year in the first quarter, and its revenue increased by 27% year-on-year.</p><p><a href=\"https://laohu8.com/S/AZN\">AstraZeneca</a>It rose more than 1% before the market, and the U.S. Trade Representative reached an agreement with AstraZeneca on expanding vaccine production.</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>Pre-market changes: Tesla fell more than 3%, new retail leader surged 13%</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\">\nPre-market changes: Tesla fell more than 3%, new retail leader surged 13%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-27 17:24</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On April 27th (Tuesday), the futures of the three major U.S. stock indexes rose slightly in the pre-market trading session. The focus of the market this week has been on corporate earnings, Biden's capital gains tax proposal, the FOMC interest rate decision and subsequent Powell's press conference.</p><p><img src=\"https://static.tigerbbs.com/2859500640aaf09ac198323fee9679af\" tg-width=\"695\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It fell more than 3% premarket. According to the financial report, Tesla's revenue in the first quarter was $10.39 billion, a year-on-year increase of 74%, but it was lower than the market expectation of $10.41 billion. Non-GAAP EPS of $0.93 per share increased by more than 300% year over year and beat estimates of $0.80.</p><p><a href=\"https://laohu8.com/S/MVIS\">Vision Image</a>It rose more than 13% premarket, and the stock closed up 47% yesterday. The data shows that the stock price of Vision Image has risen by more than 150% in the past four trading days.<b>The stock has become a hot topic on WSB forums.</b></p><p><img src=\"https://static.tigerbbs.com/a2179fb4195a6e55fdc7e170920382dd\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/GME\">Game Station</a>It rose more than 7% before the market. On the news, Game Station has completed its share issuance plan, selling 3.5 million shares and raising about 551 million US dollars.</p><p>Bitcoin continued to rebound, and some blockchain stocks in U.S. stocks rose before the market.<a href=\"https://laohu8.com/S/EBON\">EBON INTERNATIONAL</a>rose by more than 4%,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>It rose more than 3%, and Riot Blockchain rose 2.27%.</p><p><a href=\"https://laohu8.com/S/GSX\">Who to learn from</a>It rose by more than 2% before the market and closed by more than 15% yesterday. It is reported that training institutions such as Xueersi Online School, Ape Counseling and Gaotu Classroom have completely removed preschool courses.</p><p><a href=\"https://laohu8.com/S/BP\">BP</a>It rose 0.2% premarket. The company's revenue in the first quarter was USD 34.544 billion, compared with USD 30.973 billion in the same period last year; Net income attributable to shareholders was $4.667 billion, compared to a loss of $4.365 billion a year earlier.</p><p><a href=\"https://laohu8.com/S/HSBC\">HSBC</a>It rose 1.26% premarket. HSBC Holdings announced at noon today that its adjusted pre-tax profit for the first quarter rose 109% year-on-year to $6.4 billion, higher than market expectations of $4.3 billion. The bank earlier announced that it would not distribute quarterly Dividend in 2021, but it would consider whether to declare a Dividend when it announces its 2021 interim results in August.</p><p><a href=\"https://laohu8.com/S/NXPI\">NXP</a>Semiconductors rose 0.23% premarket. The company turned a profit year-on-year in the first quarter, and its revenue increased by 27% year-on-year.</p><p><a href=\"https://laohu8.com/S/AZN\">AstraZeneca</a>It rose more than 1% before the market, and the U.S. Trade Representative reached an agreement with AstraZeneca on expanding vaccine production.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a82005fdd5a20870413111b3adc1a547","relate_stocks":{".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164588749","content_text":"4月27日（周二），美股三大指数期货在盘前交易时段小幅上涨。本周市场的焦点主要集中在企业财报、拜登的资本利得税提案、FOMC利率决议及随后鲍威尔的新闻发布会上。特斯拉盘前跌超3%。财报显示，特斯拉一季度营收103.9亿美元，同比增长74%，但低于市场预期的104.1亿美元。非GAAP的EPS为每股收益0.93美元，同比增长逾300%并高于预期的0.80美元。维视图像盘前涨超13%，该股昨日收涨47%。数据显示，维视图像近四个交易日，股价已经累涨超过150%。该股已成为WSB论坛的热点话题。游戏驿站盘前涨超7%。消息面上，游戏驿站已完成股票发行计划，出售350万股股票，筹资约为5.51亿美元。比特币继续反弹，美股部分区块链股盘前上扬，亿邦国际涨超4%，嘉楠科技涨超3%，Riot Blockchain涨2.27%。跟谁学盘前涨超2%，昨日收涨超15%。消息称学而思网校、猿辅导、高途课堂等培训机构已全面下架学前课程。英国石油盘前涨0.2%。公司一季度营收345.44亿美元，上年同期为309.73亿美元；归属于股东的净利润为46.67亿美元，上年同期为亏损43.65亿美元。汇丰盘前涨1.26%。汇丰控股今日午间公布，一季度经调整税前利润同比增长109%至64亿美元，高于市场预期的43亿美元。该行早前宣布2021年将不会派发季度股息，但会于8月公布2021年中期业绩时，考虑是否宣派一次股息。恩智浦半导体盘前涨0.23%。公司一季度同比扭亏为盈，营收同比增长27%。阿斯利康盘前涨超1%，美国贸易代表与阿斯利康就扩大疫苗产量达成协议。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347401741,"gmtCreate":1618507143583,"gmtModify":1704712035729,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"frugality","listText":"frugality","text":"frugality","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347401741","repostId":"1104398681","repostType":4,"isVote":1,"tweetType":1,"viewCount":2265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359219998,"gmtCreate":1616402682914,"gmtModify":1704793543161,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568714154755778","idStr":"3568714154755778"},"themes":[],"title":"","htmlText":"nio to the moon","listText":"nio to the moon","text":"nio to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359219998","repostId":"1186699234","repostType":4,"repost":{"id":"1186699234","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":1616400794,"share":"https://ttm.financial/m/news/1186699234?lang=en_US&edition=fundamental","pubTime":"2021-03-22 16:13","market":"us","language":"zh","title":"Pre-market Movement: Transmission of Return to Hong Kong Listing, \"Three Brothers to Build Cars\" Hand in Hand Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1186699234","media":"老虎资讯综合","summary":"3月22日（周一），美股三大指数期货涨跌不一。纳指期货涨0.25%。本周，投资者主要关注美国四季度GDP终值、2月PCE物价、美债收益率走势及美联储官员讲话等。日内，美联储主席鲍威尔将在北京时间21:","content":"<p>On March 22nd (Monday), the futures of the three major U.S. stock indexes were mixed. Nasdaq futures rose 0.25%. This week, investors mainly focused on the final value of U.S. GDP in the fourth quarter, PCE prices in February, the trend of U.S. bond yields and the speeches of Federal Reserve officials.<b>Within the day, Federal Reserve Chairman Powell will deliver a speech at 21:00 Beijing time.</b></p><p><img src=\"https://static.tigerbbs.com/aa0281c384abd7989c7dd5d024ec76e2\" tg-width=\"600\" tg-height=\"216\" referrerpolicy=\"no-referrer\"></p><p>China's new car-making forces rose before the market,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars rose 2.1%,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>Up 1.5%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 0.5%. Today, it was reported that three companies are approaching investment banks to prepare to return to Hong Kong for listing.</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Up 1.5% premarket, Ark Invest Management, owned by Cathie Wood, expects Tesla's stock price to hit an all-time high of $3,000 by 2025.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>It rose nearly 1% premarket. Baidu Hong Kong stock (09888.HK) will be officially listed on the Hong Kong Stock Exchange tomorrow, with an issue price of HK$ 252/share; As of press time, the dark market rose nearly 2% to HK$ 257.</p><p>RELX Parent Company<a href=\"https://laohu8.com/S/RLX\">Fog Core Technology</a>Shares plunged more than 16%. On the news, the Ministry of Industry and Information Technology of China announced the Decision on Amendment (Draft for Comment), adding an article to the supplementary provisions as Article 65: \"New tobacco products such as e-cigarettes shall be implemented with reference to the relevant provisions on cigarettes in these Regulations.\" The Ministry of Industry and Information Technology said that this revision is mainly to implement the requirements of the CPC Central Committee and the State Council on promoting the legalization of e-cigarette supervision, and clarify the legal basis for the supervision of new tobacco products such as e-cigarettes.</p><p>Special Purpose Acquisition Company<a href=\"https://laohu8.com/S/TBA\">Thoma Bravo</a>It rose nearly 11% before the market. ironSource, Israel's largest Internet company, will go public through merger and acquisition with the company.</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>Pre-market Movement: Transmission of Return to Hong Kong Listing, \"Three Brothers to Build Cars\" Hand in Hand Higher</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\">\nPre-market Movement: Transmission of Return to Hong Kong Listing, \"Three Brothers to Build Cars\" Hand in Hand Higher\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\">2021-03-22 16:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On March 22nd (Monday), the futures of the three major U.S. stock indexes were mixed. Nasdaq futures rose 0.25%. This week, investors mainly focused on the final value of U.S. GDP in the fourth quarter, PCE prices in February, the trend of U.S. bond yields and the speeches of Federal Reserve officials.<b>Within the day, Federal Reserve Chairman Powell will deliver a speech at 21:00 Beijing time.</b></p><p><img src=\"https://static.tigerbbs.com/aa0281c384abd7989c7dd5d024ec76e2\" tg-width=\"600\" tg-height=\"216\" referrerpolicy=\"no-referrer\"></p><p>China's new car-making forces rose before the market,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars rose 2.1%,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>Up 1.5%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 0.5%. Today, it was reported that three companies are approaching investment banks to prepare to return to Hong Kong for listing.</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Up 1.5% premarket, Ark Invest Management, owned by Cathie Wood, expects Tesla's stock price to hit an all-time high of $3,000 by 2025.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>It rose nearly 1% premarket. Baidu Hong Kong stock (09888.HK) will be officially listed on the Hong Kong Stock Exchange tomorrow, with an issue price of HK$ 252/share; As of press time, the dark market rose nearly 2% to HK$ 257.</p><p>RELX Parent Company<a href=\"https://laohu8.com/S/RLX\">Fog Core Technology</a>Shares plunged more than 16%. On the news, the Ministry of Industry and Information Technology of China announced the Decision on Amendment (Draft for Comment), adding an article to the supplementary provisions as Article 65: \"New tobacco products such as e-cigarettes shall be implemented with reference to the relevant provisions on cigarettes in these Regulations.\" The Ministry of Industry and Information Technology said that this revision is mainly to implement the requirements of the CPC Central Committee and the State Council on promoting the legalization of e-cigarette supervision, and clarify the legal basis for the supervision of new tobacco products such as e-cigarettes.</p><p>Special Purpose Acquisition Company<a href=\"https://laohu8.com/S/TBA\">Thoma Bravo</a>It rose nearly 11% before the market. ironSource, Israel's largest Internet company, will go public through merger and acquisition with the company.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a82005fdd5a20870413111b3adc1a547","relate_stocks":{".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186699234","content_text":"3月22日（周一），美股三大指数期货涨跌不一。纳指期货涨0.25%。本周，投资者主要关注美国四季度GDP终值、2月PCE物价、美债收益率走势及美联储官员讲话等。日内，美联储主席鲍威尔将在北京时间21:00发表讲话。中概造车新势力盘前走高，蔚来汽车涨2.1%，小鹏汽车涨1.5%，理想汽车涨0.5%。今日有消息称三家公司正接洽投行，筹备回港上市。特斯拉盘前涨1.5%，“女股神”Cathie Wood旗下Ark Invest Management预计特斯拉股价到2025年前将创下3000美元的历史新高。百度盘前涨近1%。百度港股（09888.HK）明天将正式在港交所挂牌上市，发行价252港元/股；截至发稿暗盘涨近2%，报257港元。悦刻母公司雾芯科技股价大跌超16%。消息面上， 中国工信部公布关于修改的决定（征求意见稿）》，在附则中增加一条，作为第六十五条：“电子烟等新型烟草制品参照本条例中关于卷烟的有关规定执行。”工信部表示，此次修改主要是落实党中央、国务院关于推进电子烟监管法治化的要求，明确电子烟等新型烟草制品的监管法律依据。特殊目的收购公司Thoma Bravo盘前涨近11%，以色列最大互联网公司ironSource将通过与该公司合并收购方式上市。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1760,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":174529728,"gmtCreate":1627113640264,"gmtModify":1703484474592,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/174529728","repostId":"1194494092","repostType":4,"repost":{"id":"1194494092","kind":"news","pubTimestamp":1627109486,"share":"https://ttm.financial/m/news/1194494092?lang=en_US&edition=fundamental","pubTime":"2021-07-24 14:51","market":"hk","language":"zh","title":"The \"secret\" of Tenfold Fund: How can fund investors truly make money?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194494092","media":" 兴证全球基金","summary":"挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？\n为什么是十倍？\n“十倍”（Tenbagger）是美国投资大师","content":"<p>Finding a tenfold investment target is undoubtedly every investor's dream. As the saying goes, a dream is something that is difficult to achieve, but we have found that there are still some \"dream realizers\" around us. How did they do it?</p><p><b>Why ten times?</b></p><p>\"Tenbagger\" is a term mentioned by American investment guru Peter Lynch in his autobiography \"One Up On Wall Street\".</p><p>This roughly refers to stocks whose stock price can increase tenfold after long-term development, supported by revenue and profit growth.</p><p>Peter Lynch wrote in his autobiography:<b>The best way to find ten-fold stocks is to start looking around you. If you can't find them there, go to the shopping mall to look for them. His early connection with ten-fold stocks started from \"around him\".</b></p><p>Peter Lynch once discovered that his three daughters were all using cosmetics from a company called The body Shop. Although The body Shop is a beauty brand, most of its chain stores in Europe and America are located in prominent places such as street corners, rather than just in shopping malls.</p><p>Peter Lynch's research found that the company's products are relatively standardized, affordable, and cover a wide range of age groups. They expanded by adding franchise stores and engaged in multinational operations from the outset, demonstrating strong market expansion capabilities.</p><p>Peter Lynch seized this opportunity, and after The body Shop went public in The UK, its stock price soared, eventually becoming a veritable Tenbagger.</p><p><b>Tenbagger in the mutual fund market</b></p><p>Tenbagger was later extended to the fund industry, referring to funds whose net asset value has increased ten times or more compared to the time of launch. As of June 25, 2021, there were 56 domestic public funds with a tenfold increase. (Data source: Galaxy Securities, as of June 25, 2021)</p><p>What kind of markets have these funds experienced, and what common characteristics do they share?</p><p><b>Births - Most were born in 2006 and before</b></p><p>Of the 56 funds, only 2 were established in 2006 or earlier. They experienced the bull market of 2006-2007 and the market decline of 2008, and went through several bull and bear market cycles. As of June 25, 2021, their average establishment time was 16.6 years. (Data source: Galaxy Securities, as of June 25, 2021)</p><p><b>It is clear that good investments do indeed require time to witness.</b></p><p>The establishment time of the ten-fold base and the corresponding index points</p><p><img src=\"https://static.tigerbbs.com/2287c6895d9a9cc1d15c36637e290d10\" tg-width=\"1000\" tg-height=\"407\" referrerpolicy=\"no-referrer\"></p><p>Data source: Galaxy Securities. As of June 25, 2021, the bar chart represents the number of tenfold funds established in that year, the line chart represents the Shanghai Composite Index, the left axis represents the corresponding index points, and the right axis represents the number of funds established. Historical performance does not guarantee the future, and fund investment requires caution.</p><p><b>Growth – Not always among the top students in the class</b></p><p>In the growth of tenfold funds, we have found that they rarely consistently rank among the top in their categories in a single year. One of the important reasons is that these funds are less likely to pursue short-term hot topics and abandon long-term investment strategies and styles.</p><p>Among the 56 tenfold funds, only 7 funds have ever won the championship in their category (2007-2020), 13 funds have never entered the top 10 of their category in a single year, and few funds have been able to rank in the top 10 of their category for two consecutive years. (Data source: Galaxy Securities, as of June 25, 2021)</p><p>We have listed the annual \"report cards\" of the top ten funds. These funds may not always be in the top quarter in the short term, but their value will become more prominent over time.</p><p>Some ten-fold basis \"report cards\"</p><p><img src=\"https://static.tigerbbs.com/971280df3e4665bafe1a50e179559917\" tg-width=\"1000\" tg-height=\"506\" referrerpolicy=\"no-referrer\"></p><p>Data source: Galaxy Securities, as of June 25, 2021. Historical performance does not guarantee the future, and fund investment requires caution.</p><p><b>Adults - Solving \"difficult problems\" is a compulsory course</b></p><p>The A-share market is characterized by short bull markets and long bear markets. Ten-fold funds have often experienced several bear markets, and challenges are an essential lesson for them.</p><p>We selected several typical one-sided downward markets in the A-share market, and the average decline of the Tenfold Fund in these markets was lower than that of the Shanghai Composite Index and equity fund indices.</p><p>Market performance in a unilateral downward trend based on ten-fold basis</p><p><img src=\"https://static.tigerbbs.com/7eb0ab7b7db6441e489079d3818e347c\" tg-width=\"1000\" tg-height=\"453\" referrerpolicy=\"no-referrer\"></p><p>Data source: wind, Galaxy Securities, as of 2021/6/25</p><p>Although this is a \"God's perspective\" approach to exploration, the performance of these funds in a one-sided downward market still gives us some inspiration.</p><p>One very important one is that,<b>\"First strive to remain undefeated, then strive to win,\" and seasoned investors know that a 50% drop requires approximately a 100% increase to return to the starting point.</b>。</p><p>Moreover, in Tenfold Fund's periodic reports, we found that during periods of market heat, most Tenfold Funds had a certain defensive tendency towards the market. In the first quarter reports of 2007, many of the aforementioned funds mentioned \"improving portfolio defensiveness\" in their reports. Some tenfold funds mentioned \"reducing the concentration of shareholdings\" in their 2015 reports.</p><p><b>Therefore, Tenfold Base not only relies on its rise in an \"easy\" market, but also on its ability to perform too well when faced with difficult \"tests\".</b></p><p><b>Success—The Bonus of \"Family Background\" and \"Benefactors\"</b></p><p>When exploring the Tenfold Fund, fund companies and fund managers play an important role.</p><p>Most funds with ten-fold funds come from families with solid investment research capabilities, which is one of the foundations supporting the fund's long-term outstanding performance.</p><p><b>From the perspective of fund managers, a good fund manager can be considered the \"benefactor\" of a tenfold fund.</b></p><p>Huabao Securities once produced a four-quadrant chart for fund managers to depict their industry allocation and investment philosophy.</p><p>Overall, there are more quadrants on the left for ten-fold fund managers, namely, industries are scattered or concentrated, and industries switch less frequently. A balanced and diversified portfolio combined with minimal industry switching can minimize portfolio risk. Fund managers with concentrated industry allocation and minimal industry switching are usually more optimistic about a particular high-quality sector and hold it for the long term.</p><p><img src=\"https://static.tigerbbs.com/b85062db9868a316890ff75fbab0ea3b\" tg-width=\"524\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p><p>Source: Huabao Securities</p><p>Of course, when choosing a 10x fund, you should also pay attention to analyzing the current fund manager's time under management and related performance, and choose a product that better suits your risk-return preferences.</p><p><b>Who is protecting the \"tenfold base\"?</b></p><p><b>In reality, a fund's growth, adulthood, and the \"difficult periods\" it goes through are also experienced by its holders. Many people can accompany a fund for a year, but very few can accompany it for ten years.</b></p><p><b>The philosophy of long-term investing is to be friends with time. 'The most romantic thing I can think of is growing old with you.'</b></p><p><b>Mr. Li has held the fund for 17 years.</b></p><p><b>The longest-term fund investment is more than 10 years; it was initially purchased with children's New Year's money. I believe that the long-term power of investment will continue.</b></p><p><b>—Ms. Han held the fund for 13 years</b></p><p><b>I might be the only one who has only bought and not sold since its release.</b></p><p><b>— Message from the \"Finding Trend Millionaires\" campaign</b></p><p><b>Only through time and hard work can we achieve qualitative change, grow together, and move forward together.</b></p><p><b>— Fund Investors in the Discussion Forum</b></p><p>Investor Records once conducted relevant research and found the holders of the Tenfold Fund from the fund's periodic reports. Their characteristics are that they dare to buy during market panic and are more patient than most investors. Some people say that they may have \"forgotten\" their holdings, but this \"forgetting\" also makes them staunch guardians of the Tenfold Fund from another perspective.</p><p><b>Finally, reasonable expectations are a prerequisite for investment and companionship. The path of investing requires both strength and endurance. If it's a high-quality fund, you might as well give it more time to allow its value to accumulate.</b></p>","source":"lsy1619314504794","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The \"secret\" of Tenfold Fund: How can fund investors truly make money?</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\">\nThe \"secret\" of Tenfold Fund: How can fund investors truly make money?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\"> 兴证全球基金</strong><span class=\"h-time small\">2021-07-24 14:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Finding a tenfold investment target is undoubtedly every investor's dream. As the saying goes, a dream is something that is difficult to achieve, but we have found that there are still some \"dream realizers\" around us. How did they do it?</p><p><b>Why ten times?</b></p><p>\"Tenbagger\" is a term mentioned by American investment guru Peter Lynch in his autobiography \"One Up On Wall Street\".</p><p>This roughly refers to stocks whose stock price can increase tenfold after long-term development, supported by revenue and profit growth.</p><p>Peter Lynch wrote in his autobiography:<b>The best way to find ten-fold stocks is to start looking around you. If you can't find them there, go to the shopping mall to look for them. His early connection with ten-fold stocks started from \"around him\".</b></p><p>Peter Lynch once discovered that his three daughters were all using cosmetics from a company called The body Shop. Although The body Shop is a beauty brand, most of its chain stores in Europe and America are located in prominent places such as street corners, rather than just in shopping malls.</p><p>Peter Lynch's research found that the company's products are relatively standardized, affordable, and cover a wide range of age groups. They expanded by adding franchise stores and engaged in multinational operations from the outset, demonstrating strong market expansion capabilities.</p><p>Peter Lynch seized this opportunity, and after The body Shop went public in The UK, its stock price soared, eventually becoming a veritable Tenbagger.</p><p><b>Tenbagger in the mutual fund market</b></p><p>Tenbagger was later extended to the fund industry, referring to funds whose net asset value has increased ten times or more compared to the time of launch. As of June 25, 2021, there were 56 domestic public funds with a tenfold increase. (Data source: Galaxy Securities, as of June 25, 2021)</p><p>What kind of markets have these funds experienced, and what common characteristics do they share?</p><p><b>Births - Most were born in 2006 and before</b></p><p>Of the 56 funds, only 2 were established in 2006 or earlier. They experienced the bull market of 2006-2007 and the market decline of 2008, and went through several bull and bear market cycles. As of June 25, 2021, their average establishment time was 16.6 years. (Data source: Galaxy Securities, as of June 25, 2021)</p><p><b>It is clear that good investments do indeed require time to witness.</b></p><p>The establishment time of the ten-fold base and the corresponding index points</p><p><img src=\"https://static.tigerbbs.com/2287c6895d9a9cc1d15c36637e290d10\" tg-width=\"1000\" tg-height=\"407\" referrerpolicy=\"no-referrer\"></p><p>Data source: Galaxy Securities. As of June 25, 2021, the bar chart represents the number of tenfold funds established in that year, the line chart represents the Shanghai Composite Index, the left axis represents the corresponding index points, and the right axis represents the number of funds established. Historical performance does not guarantee the future, and fund investment requires caution.</p><p><b>Growth – Not always among the top students in the class</b></p><p>In the growth of tenfold funds, we have found that they rarely consistently rank among the top in their categories in a single year. One of the important reasons is that these funds are less likely to pursue short-term hot topics and abandon long-term investment strategies and styles.</p><p>Among the 56 tenfold funds, only 7 funds have ever won the championship in their category (2007-2020), 13 funds have never entered the top 10 of their category in a single year, and few funds have been able to rank in the top 10 of their category for two consecutive years. (Data source: Galaxy Securities, as of June 25, 2021)</p><p>We have listed the annual \"report cards\" of the top ten funds. These funds may not always be in the top quarter in the short term, but their value will become more prominent over time.</p><p>Some ten-fold basis \"report cards\"</p><p><img src=\"https://static.tigerbbs.com/971280df3e4665bafe1a50e179559917\" tg-width=\"1000\" tg-height=\"506\" referrerpolicy=\"no-referrer\"></p><p>Data source: Galaxy Securities, as of June 25, 2021. Historical performance does not guarantee the future, and fund investment requires caution.</p><p><b>Adults - Solving \"difficult problems\" is a compulsory course</b></p><p>The A-share market is characterized by short bull markets and long bear markets. Ten-fold funds have often experienced several bear markets, and challenges are an essential lesson for them.</p><p>We selected several typical one-sided downward markets in the A-share market, and the average decline of the Tenfold Fund in these markets was lower than that of the Shanghai Composite Index and equity fund indices.</p><p>Market performance in a unilateral downward trend based on ten-fold basis</p><p><img src=\"https://static.tigerbbs.com/7eb0ab7b7db6441e489079d3818e347c\" tg-width=\"1000\" tg-height=\"453\" referrerpolicy=\"no-referrer\"></p><p>Data source: wind, Galaxy Securities, as of 2021/6/25</p><p>Although this is a \"God's perspective\" approach to exploration, the performance of these funds in a one-sided downward market still gives us some inspiration.</p><p>One very important one is that,<b>\"First strive to remain undefeated, then strive to win,\" and seasoned investors know that a 50% drop requires approximately a 100% increase to return to the starting point.</b>。</p><p>Moreover, in Tenfold Fund's periodic reports, we found that during periods of market heat, most Tenfold Funds had a certain defensive tendency towards the market. In the first quarter reports of 2007, many of the aforementioned funds mentioned \"improving portfolio defensiveness\" in their reports. Some tenfold funds mentioned \"reducing the concentration of shareholdings\" in their 2015 reports.</p><p><b>Therefore, Tenfold Base not only relies on its rise in an \"easy\" market, but also on its ability to perform too well when faced with difficult \"tests\".</b></p><p><b>Success—The Bonus of \"Family Background\" and \"Benefactors\"</b></p><p>When exploring the Tenfold Fund, fund companies and fund managers play an important role.</p><p>Most funds with ten-fold funds come from families with solid investment research capabilities, which is one of the foundations supporting the fund's long-term outstanding performance.</p><p><b>From the perspective of fund managers, a good fund manager can be considered the \"benefactor\" of a tenfold fund.</b></p><p>Huabao Securities once produced a four-quadrant chart for fund managers to depict their industry allocation and investment philosophy.</p><p>Overall, there are more quadrants on the left for ten-fold fund managers, namely, industries are scattered or concentrated, and industries switch less frequently. A balanced and diversified portfolio combined with minimal industry switching can minimize portfolio risk. Fund managers with concentrated industry allocation and minimal industry switching are usually more optimistic about a particular high-quality sector and hold it for the long term.</p><p><img src=\"https://static.tigerbbs.com/b85062db9868a316890ff75fbab0ea3b\" tg-width=\"524\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p><p>Source: Huabao Securities</p><p>Of course, when choosing a 10x fund, you should also pay attention to analyzing the current fund manager's time under management and related performance, and choose a product that better suits your risk-return preferences.</p><p><b>Who is protecting the \"tenfold base\"?</b></p><p><b>In reality, a fund's growth, adulthood, and the \"difficult periods\" it goes through are also experienced by its holders. Many people can accompany a fund for a year, but very few can accompany it for ten years.</b></p><p><b>The philosophy of long-term investing is to be friends with time. 'The most romantic thing I can think of is growing old with you.'</b></p><p><b>Mr. Li has held the fund for 17 years.</b></p><p><b>The longest-term fund investment is more than 10 years; it was initially purchased with children's New Year's money. I believe that the long-term power of investment will continue.</b></p><p><b>—Ms. Han held the fund for 13 years</b></p><p><b>I might be the only one who has only bought and not sold since its release.</b></p><p><b>— Message from the \"Finding Trend Millionaires\" campaign</b></p><p><b>Only through time and hard work can we achieve qualitative change, grow together, and move forward together.</b></p><p><b>— Fund Investors in the Discussion Forum</b></p><p>Investor Records once conducted relevant research and found the holders of the Tenfold Fund from the fund's periodic reports. Their characteristics are that they dare to buy during market panic and are more patient than most investors. Some people say that they may have \"forgotten\" their holdings, but this \"forgetting\" also makes them staunch guardians of the Tenfold Fund from another perspective.</p><p><b>Finally, reasonable expectations are a prerequisite for investment and companionship. The path of investing requires both strength and endurance. If it's a high-quality fund, you might as well give it more time to allow its value to accumulate.</b></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA\"> 兴证全球基金</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/753c9aba3202037bc97463c545d5d015","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194494092","content_text":"挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？\n为什么是十倍？\n“十倍”（Tenbagger）是美国投资大师彼得·林奇在其自传《One Up On Wall Street》中提及的词汇。\n大概意思是指企业经过长期发展，在营收与利润增长的支持下，股价能够上涨10倍的股票。\n彼得·林奇在自传中曾写道：寻找十倍股最佳的方式就是从身边找起，在那里找不到，就去购物中心里去找，而他早期与十倍股结缘，也正是从“身边”开始的。\n彼得·林奇有一次发现自己的三个女儿都在使用来自一家名叫美体小铺（The body Shop）公司的化妆品。The body Shop 虽然是一个美妆品牌，但它在欧美地区的大多数连锁店，都是开在街角等较为显眼的地方，而不仅仅是在商场里。\n彼得·林奇研究发现，这家公司的产品相对标准化，价格亲民，客户覆盖的年龄段相当宽泛。通过增加特许连锁店的方式进行扩张，而且一开始就进行跨国经营，市场扩张能力很强。\n彼得·林奇把握住了这一机会，The body Shop 在英国上市后，股价节节攀升，最终成为名副其实的Tenbagger（十倍股）。\n公募基金市场中的Tenbagger\nTenbagger后来也被延用到了基金圈，意指基金净值较发行时增长十倍及以上的基金，截至到2021年6月25日，国内公募基金共有56只十倍基。（数据来源：银河证券，截至2021/6/25）\n这些基金都经历过怎样的市场，又都有什么共同的特点呢？\n出生——大部分生于2006年及之前\n在56只基金中，除了2只基金，其余54只基金均成立于2006年及之前，经历过2006年-2007年的大牛市，也经历过2008年市场下跌，历经数度牛熊转换，截至2021年6月25日，平均成立时间16.6年。（数据来源：银河证券，截至2021/6/25）\n可见，好的投资，确实需要时间的见证。\n十倍基成立时间及对应指数点位\n\n数据来源：银河证券，截至2021/6/25，柱状图代表在当年成立的十倍基数量，折线图代表沪指，左侧轴为相对应指数点位，右侧为基金成立数量。历史业绩不代表未来，基金投资需谨慎。\n成长——不总是“班上”前几名\n在十倍基的成长过程中，我们发现，它们很少能连续在单一年度业绩排在同类前几名，其中重要的原因之一是，这些基金较少会追求短期热点而放弃长期坚持的投资策略和风格。\n在56只十倍基中，仅有7只基金曾获得过同类别冠军（2007年-2020年），有13只基金未进入过单一年度同类前10，鲜有基金能连续两年排进同类前10。（数据来源：银河证券，截至2021/6/25）\n我们罗列了排在前几位的十倍基每年的“成绩单”，这些基金在短期内无法总在前1/4，但在时间的作用下价值凸显。\n部分十倍基“成绩单”\n\n数据来源：银河证券，截至2021/6/25。历史业绩不代表未来，基金投资需谨慎。\n成人——解决“难题”是必修课\nA股市场牛短熊长，十倍基往往都经历过数个熊市，而难题也是它们的必修课。\n我们选取了A股市场中几个较为典型的单边下行市场，十倍基在这些市场中的平均跌幅均低于上证指数及偏股基金指数。\n十倍基单边下行市场表现情况\n\n数据来源：wind，银河证券，截至2021/6/25\n尽管这是一种“上帝视角”的探究方式，但这些基金在单边下行市场中的表现，还是给了我们一定的启发。\n其中很重要的一条是，“先求不败，再求胜”，而老练的投资者熟知，下跌50%，需要约100%的涨幅才能回到原点。\n不仅如此，在十倍基的定期报告中我们发现，在市场较热时期，大部分的十倍基金对市场都有一定的防守倾向，2007年一季报中，上述基金中多只基金的报告中提到“提高组合防御性”；2015年部分十倍基金报告中提及“降低持股集中度”等。\n所以，十倍基不仅仅是靠着“容易”市场中的上涨，还靠着在面对难“试卷”的时候，也不会表现得太差。\n成功 —— “家世”与“贵人”的加成\n探究十倍基，基金公司及基金经理扮演着重要的角色。\n十倍基的家世，多数都拥有扎实的投研实力，这是支撑基金长期业绩优异的基础之一。\n从基金经理来看，好的基金经理可谓是十倍基的“贵人”。\n华宝证券曾制作基金经理四象限图，刻画基金经理的行业配置及投资理念。\n整体来看，十倍基基金经理在左侧象限较多，即行业分散或集中、行业少切换。行业均衡分散+行业少切换可以尽可能控制组合的风险；行业集中配置+行业少切换的基金经理通常较为坚定看好某一优质赛道并长期持有。\n\n资料来源：华宝证券\n当然，在选择十倍基的时候，也要注意分析现任基金经理的在管时间和相关业绩表现，选择更符合自己风险收益偏好的产品。\n谁在守护“十倍基”？\n实际上，一只基金经历的成长、成人以及过程中的“困难时期”，持有人也一样会经历，而能陪伴基金一年者甚多，但十年者甚少。\n长期投资的理念是要做时间的朋友，‘我能想到最浪漫的事就是和你一起慢慢变老’。\n——李先生 持有基金17年\n最长期的基金投资不止10年，最开始是用小孩的压岁钱买的。相信投资的长期力量，会一直坚持。\n——韩女士 持有基金13年\n我有可能是唯一一个从发行到现在只买不卖的人。\n—— “寻找趋势百万持有人”活动留言\n只有经过时间的积累和努力才有收获质变的可能，一起成长，共同前行。\n—— 讨论区基民\n投资人记事曾做过相关研究，从基金定期报告中，找到十倍基的持有者，他们的特点是，敢于在市场恐慌的时候买入，并比多数投资者更有耐心，有人说，也许他“遗忘”了自己的持仓，但这种“遗忘”，也从另一个侧面成为了十倍基的坚定守护者。\n最后，合理的预期是投资和陪伴的前提。投资之路，既要比拼实力，也要比拼耐力，如果是一只优质的基金，不妨多给它一些时间，让价值沉淀。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":6072,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101581310,"gmtCreate":1619922863530,"gmtModify":1704336391669,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101581310","repostId":"1148324867","repostType":4,"isVote":1,"tweetType":1,"viewCount":1840,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377867282,"gmtCreate":1619515904146,"gmtModify":1704725236359,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"hmm","listText":"hmm","text":"hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377867282","repostId":"1164588749","repostType":4,"repost":{"id":"1164588749","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":1619515490,"share":"https://ttm.financial/m/news/1164588749?lang=en_US&edition=fundamental","pubTime":"2021-04-27 17:24","market":"us","language":"zh","title":"Pre-market changes: Tesla fell more than 3%, new retail leader surged 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1164588749","media":"老虎资讯综合","summary":"4月27日（周二），美股三大指数期货在盘前交易时段小幅上涨。本周市场的焦点主要集中在企业财报、拜登的资本利得税提案、FOMC利率决议及随后鲍威尔的新闻发布会上。特斯拉盘前跌超3%。财报显示，特斯拉一季","content":"<p>On April 27th (Tuesday), the futures of the three major U.S. stock indexes rose slightly in the pre-market trading session. The focus of the market this week has been on corporate earnings, Biden's capital gains tax proposal, the FOMC interest rate decision and subsequent Powell's press conference.</p><p><img src=\"https://static.tigerbbs.com/2859500640aaf09ac198323fee9679af\" tg-width=\"695\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It fell more than 3% premarket. According to the financial report, Tesla's revenue in the first quarter was $10.39 billion, a year-on-year increase of 74%, but it was lower than the market expectation of $10.41 billion. Non-GAAP EPS of $0.93 per share increased by more than 300% year over year and beat estimates of $0.80.</p><p><a href=\"https://laohu8.com/S/MVIS\">Vision Image</a>It rose more than 13% premarket, and the stock closed up 47% yesterday. The data shows that the stock price of Vision Image has risen by more than 150% in the past four trading days.<b>The stock has become a hot topic on WSB forums.</b></p><p><img src=\"https://static.tigerbbs.com/a2179fb4195a6e55fdc7e170920382dd\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/GME\">Game Station</a>It rose more than 7% before the market. On the news, Game Station has completed its share issuance plan, selling 3.5 million shares and raising about 551 million US dollars.</p><p>Bitcoin continued to rebound, and some blockchain stocks in U.S. stocks rose before the market.<a href=\"https://laohu8.com/S/EBON\">EBON INTERNATIONAL</a>rose by more than 4%,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>It rose more than 3%, and Riot Blockchain rose 2.27%.</p><p><a href=\"https://laohu8.com/S/GSX\">Who to learn from</a>It rose by more than 2% before the market and closed by more than 15% yesterday. It is reported that training institutions such as Xueersi Online School, Ape Counseling and Gaotu Classroom have completely removed preschool courses.</p><p><a href=\"https://laohu8.com/S/BP\">BP</a>It rose 0.2% premarket. The company's revenue in the first quarter was USD 34.544 billion, compared with USD 30.973 billion in the same period last year; Net income attributable to shareholders was $4.667 billion, compared to a loss of $4.365 billion a year earlier.</p><p><a href=\"https://laohu8.com/S/HSBC\">HSBC</a>It rose 1.26% premarket. HSBC Holdings announced at noon today that its adjusted pre-tax profit for the first quarter rose 109% year-on-year to $6.4 billion, higher than market expectations of $4.3 billion. The bank earlier announced that it would not distribute quarterly Dividend in 2021, but it would consider whether to declare a Dividend when it announces its 2021 interim results in August.</p><p><a href=\"https://laohu8.com/S/NXPI\">NXP</a>Semiconductors rose 0.23% premarket. The company turned a profit year-on-year in the first quarter, and its revenue increased by 27% year-on-year.</p><p><a href=\"https://laohu8.com/S/AZN\">AstraZeneca</a>It rose more than 1% before the market, and the U.S. Trade Representative reached an agreement with AstraZeneca on expanding vaccine production.</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>Pre-market changes: Tesla fell more than 3%, new retail leader surged 13%</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\">\nPre-market changes: Tesla fell more than 3%, new retail leader surged 13%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-27 17:24</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On April 27th (Tuesday), the futures of the three major U.S. stock indexes rose slightly in the pre-market trading session. The focus of the market this week has been on corporate earnings, Biden's capital gains tax proposal, the FOMC interest rate decision and subsequent Powell's press conference.</p><p><img src=\"https://static.tigerbbs.com/2859500640aaf09ac198323fee9679af\" tg-width=\"695\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It fell more than 3% premarket. According to the financial report, Tesla's revenue in the first quarter was $10.39 billion, a year-on-year increase of 74%, but it was lower than the market expectation of $10.41 billion. Non-GAAP EPS of $0.93 per share increased by more than 300% year over year and beat estimates of $0.80.</p><p><a href=\"https://laohu8.com/S/MVIS\">Vision Image</a>It rose more than 13% premarket, and the stock closed up 47% yesterday. The data shows that the stock price of Vision Image has risen by more than 150% in the past four trading days.<b>The stock has become a hot topic on WSB forums.</b></p><p><img src=\"https://static.tigerbbs.com/a2179fb4195a6e55fdc7e170920382dd\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/GME\">Game Station</a>It rose more than 7% before the market. On the news, Game Station has completed its share issuance plan, selling 3.5 million shares and raising about 551 million US dollars.</p><p>Bitcoin continued to rebound, and some blockchain stocks in U.S. stocks rose before the market.<a href=\"https://laohu8.com/S/EBON\">EBON INTERNATIONAL</a>rose by more than 4%,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>It rose more than 3%, and Riot Blockchain rose 2.27%.</p><p><a href=\"https://laohu8.com/S/GSX\">Who to learn from</a>It rose by more than 2% before the market and closed by more than 15% yesterday. It is reported that training institutions such as Xueersi Online School, Ape Counseling and Gaotu Classroom have completely removed preschool courses.</p><p><a href=\"https://laohu8.com/S/BP\">BP</a>It rose 0.2% premarket. The company's revenue in the first quarter was USD 34.544 billion, compared with USD 30.973 billion in the same period last year; Net income attributable to shareholders was $4.667 billion, compared to a loss of $4.365 billion a year earlier.</p><p><a href=\"https://laohu8.com/S/HSBC\">HSBC</a>It rose 1.26% premarket. HSBC Holdings announced at noon today that its adjusted pre-tax profit for the first quarter rose 109% year-on-year to $6.4 billion, higher than market expectations of $4.3 billion. The bank earlier announced that it would not distribute quarterly Dividend in 2021, but it would consider whether to declare a Dividend when it announces its 2021 interim results in August.</p><p><a href=\"https://laohu8.com/S/NXPI\">NXP</a>Semiconductors rose 0.23% premarket. The company turned a profit year-on-year in the first quarter, and its revenue increased by 27% year-on-year.</p><p><a href=\"https://laohu8.com/S/AZN\">AstraZeneca</a>It rose more than 1% before the market, and the U.S. Trade Representative reached an agreement with AstraZeneca on expanding vaccine production.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a82005fdd5a20870413111b3adc1a547","relate_stocks":{".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164588749","content_text":"4月27日（周二），美股三大指数期货在盘前交易时段小幅上涨。本周市场的焦点主要集中在企业财报、拜登的资本利得税提案、FOMC利率决议及随后鲍威尔的新闻发布会上。特斯拉盘前跌超3%。财报显示，特斯拉一季度营收103.9亿美元，同比增长74%，但低于市场预期的104.1亿美元。非GAAP的EPS为每股收益0.93美元，同比增长逾300%并高于预期的0.80美元。维视图像盘前涨超13%，该股昨日收涨47%。数据显示，维视图像近四个交易日，股价已经累涨超过150%。该股已成为WSB论坛的热点话题。游戏驿站盘前涨超7%。消息面上，游戏驿站已完成股票发行计划，出售350万股股票，筹资约为5.51亿美元。比特币继续反弹，美股部分区块链股盘前上扬，亿邦国际涨超4%，嘉楠科技涨超3%，Riot Blockchain涨2.27%。跟谁学盘前涨超2%，昨日收涨超15%。消息称学而思网校、猿辅导、高途课堂等培训机构已全面下架学前课程。英国石油盘前涨0.2%。公司一季度营收345.44亿美元，上年同期为309.73亿美元；归属于股东的净利润为46.67亿美元，上年同期为亏损43.65亿美元。汇丰盘前涨1.26%。汇丰控股今日午间公布，一季度经调整税前利润同比增长109%至64亿美元，高于市场预期的43亿美元。该行早前宣布2021年将不会派发季度股息，但会于8月公布2021年中期业绩时，考虑是否宣派一次股息。恩智浦半导体盘前涨0.23%。公司一季度同比扭亏为盈，营收同比增长27%。阿斯利康盘前涨超1%，美国贸易代表与阿斯利康就扩大疫苗产量达成协议。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347401741,"gmtCreate":1618507143583,"gmtModify":1704712035729,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"frugality","listText":"frugality","text":"frugality","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347401741","repostId":"1104398681","repostType":4,"isVote":1,"tweetType":1,"viewCount":2265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129399049,"gmtCreate":1624356586481,"gmtModify":1703834258740,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"Hahahahahahahahahahha","listText":"Hahahahahahahahahahha","text":"Hahahahahahahahahahha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129399049","isVote":1,"tweetType":1,"viewCount":5388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184566899,"gmtCreate":1623719048211,"gmtModify":1704209413325,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184566899","repostId":"2143733526","repostType":4,"isVote":1,"tweetType":1,"viewCount":5147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198328780,"gmtCreate":1620930081840,"gmtModify":1704350677380,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198328780","repostId":"1167274875","repostType":4,"repost":{"id":"1167274875","kind":"news","pubTimestamp":1620916842,"share":"https://ttm.financial/m/news/1167274875?lang=en_US&edition=fundamental","pubTime":"2021-05-13 22:40","market":"us","language":"zh","title":"Google announced it had won the contract to provide computing and network resources to SpaceX.","url":"https://stock-news.laohu8.com/highlight/detail?id=1167274875","media":"智通财经","summary":"显然，这笔交易代表着谷歌在云计算市场的一次胜利。","content":"<p>On Thursday, it was reported that,<a href=\"https://laohu8.com/S/GOOG\">Google</a>It was announced today that its cloud division has won a contract to provide computing and network resources to SpaceX, Elon Musk's space exploration technology company, to help SpaceX provide internet services through its Starlink satellites.</p><p>According to the cooperation agreement, SpaceX will install a ground station at Google's data center to connect to SpaceX's Starlink satellites, and plans to provide high-speed internet services to enterprises in the second half of this year. Clearly, this deal represents a victory for Google in the cloud computing market. Currently, the cloud computing market is developing rapidly, and Google is striving to...<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>and<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>They are grabbing market share.</p><p><img src=\"https://static.tigerbbs.com/debeb3f13e3f9c15841bd1543c97f5d3\" tg-width=\"840\" tg-height=\"470\"></p>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google announced it had won the contract to provide computing and network resources to SpaceX.</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\">\nGoogle announced it had won the contract to provide computing and network resources to SpaceX.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经</strong><span class=\"h-time small\">2021-05-13 22:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On Thursday, it was reported that,<a href=\"https://laohu8.com/S/GOOG\">Google</a>It was announced today that its cloud division has won a contract to provide computing and network resources to SpaceX, Elon Musk's space exploration technology company, to help SpaceX provide internet services through its Starlink satellites.</p><p>According to the cooperation agreement, SpaceX will install a ground station at Google's data center to connect to SpaceX's Starlink satellites, and plans to provide high-speed internet services to enterprises in the second half of this year. Clearly, this deal represents a victory for Google in the cloud computing market. Currently, the cloud computing market is developing rapidly, and Google is striving to...<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>and<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>They are grabbing market share.</p><p><img src=\"https://static.tigerbbs.com/debeb3f13e3f9c15841bd1543c97f5d3\" tg-width=\"840\" tg-height=\"470\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.zhitongcaijing.com/content/detail/474654.html\">智通财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8ab2a423ce1c2af9697237b229cede72","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.zhitongcaijing.com/content/detail/474654.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"1167274875","content_text":"周四，据报道，谷歌今日宣布，其云部门已赢得一份合同，向埃隆·马斯克旗下太空探索技术公司SpaceX提供计算和网络资源，以帮助SpaceX通过其“星链”（Starlink）卫星提供互联网服务。根据合作协议，SpaceX将在谷歌数据中心安装地面站，连接SpaceX的“星链”卫星，计划在今年下半年为企业提供快速互联网服务。显然，这笔交易代表着谷歌在云计算市场的一次胜利。当前，云计算市场发展迅速，而谷歌正努力从亚马逊和微软手中抢夺份额。","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":4972,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184562330,"gmtCreate":1623719060720,"gmtModify":1704209414626,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184562330","repostId":"2143733526","repostType":4,"isVote":1,"tweetType":1,"viewCount":4994,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107415641,"gmtCreate":1620528765583,"gmtModify":1704344639365,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"eloleo","listText":"eloleo","text":"eloleo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107415641","repostId":"1133792628","repostType":4,"repost":{"id":"1133792628","kind":"news","pubTimestamp":1620435850,"share":"https://ttm.financial/m/news/1133792628?lang=en_US&edition=fundamental","pubTime":"2021-05-08 09:04","market":"sh","language":"zh","title":"In the second half of the year, will the pharmaceutical fund become the most beautiful \"cub\"?","url":"https://stock-news.laohu8.com/highlight/detail?id=1133792628","media":"苏宁金融研究院","summary":"自今年2月沪深300大幅下挫以来，市场一直维持震荡行情。不过，五一劳动节前的一波市场行情，让不少明星基金产品重新回到大众的视野当中。\n随着货币市场及财政政策的逐渐明朗，总体来看，公募基金下半年不会面临","content":"<p>Since the CSI 300 fell sharply in February this year, the market has maintained a volatile trend. However, the market rally before May Day brought many star fund products back into the public eye.</p><p>With the gradual clarification of money market and fiscal policies, overall, mutual funds will not face large-scale redemption pressure in the second half of the year. However, it is necessary to be wary of a market rebound that will lead fund investors to choose to redeem to stop losses and weaken the rebound. The author predicts that the pharmaceutical industry will become the focus in the second half of the year.</p><p><b>I.</b><b>Pharmaceutical funds outperform the market</b></p><p>Based on February 10, 2021, the author selected Zhang Kun's E Fund Small and Medium Cap, Yuan Fang's ICBC Credit Suisse Culture and Sports Industry A, and Ge Lan's China Europe Healthcare A for analysis.</p><p><img src=\"https://static.tigerbbs.com/7b2d09162501d8a0dcfd87bacc0ec9d4\" tg-width=\"569\" tg-height=\"317\" referrerpolicy=\"no-referrer\"></p><p>It can be found that, apart from Zhang Kun's E Fund Small and Mid-Cap Fund underperforming the CSI 300, Yuan Fang's ICBC Credit Suisse Culture and Sports Industry Fund and Ge Lan's China Europe Healthcare Fund have both outperformed the CSI 300, and their net asset values after adjusting for stock splits have reached about 93% of the highest point on February 10, 2021. Looking at the first quarter report of Sino-European Healthcare, Ge Lan only made a simple summary of such excellent results: We generally maintained a high position operation and focused on the long-term prospects of the innovative drug industry chain, medical services, and leading enterprises in high-quality generic drugs.</p><p>Choosing the right fund and industry is crucial. What is the growth potential of the pharmaceutical industry itself? The author selected the most commonly used comparison index for pharmaceutical funds, the CSI Pharmaceutical and Health Index, and compared it with the CSI 300 Index: From a performance perspective, the CSI Pharmaceutical and Health Index has outperformed the CSI 300 Index in both the short and medium to long term. In terms of volatility, the volatility of the CSI Pharmaceutical and Healthcare Index is generally higher than that of the CSI 300 Index. For fund investors with a slightly higher risk appetite, the CSI Pharmaceutical Index seems to be a better choice than the CSI 300 Index.</p><p>Note: Data statistics are as of April 30 this year. To eliminate the impact of dividends and consistent with the index calculation method, Zhongou Healthcare A uses net asset value per unit data.</p><p>Compared with the CSI Pharmaceutical and Health Index, the China Europe Healthcare Fund managed by Ge Lan has a more proactive management capability. Since 2017, this fund has achieved returns of more than three times, far exceeding the CSI Healthcare Index. Whether during periods of inflated market valuations or recent periods of market decline and volatility, Ge Lan's China Europe Healthcare A has outperformed the benchmark. Overall, Ge Lan can be considered an excellent fund manager who has weathered both bull and bear markets.</p><p><img src=\"https://static.tigerbbs.com/c38d95f77d0b8f5ff0b88ccdcce90782\" tg-width=\"578\" tg-height=\"289\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/acde296784ae353b1dba659233e5cd2e\" tg-width=\"569\" tg-height=\"288\" referrerpolicy=\"no-referrer\"></p><p>So, where is the pharmaceutical industry now? Currently, the overall PE (TTM) of the pharmaceutical industry is at a historically high level, but compared to the PE (TTM) of the CSI 300, the pharmaceutical industry as a whole is in a relatively stable range.</p><p><img src=\"https://static.tigerbbs.com/0c7556cf3745a752c3f7bce4d9c79b8a\" tg-width=\"560\" tg-height=\"397\" referrerpolicy=\"no-referrer\"></p><p><b>II.</b><b>Two \"certainties\" in the pharmaceutical industry</b></p><p>The pharmaceutical sector performed outstandingly, with pharmaceutical-themed funds \"riding the wave\". Moreover, the medical industry is highly certain in both the short and long term.</p><p><b>In the short term, the COVID-19 pandemic will bring \"certainty\".</b></p><p>Looking at the vaccination and new cases in the United States, Japan, and South Korea, the current COVID-19 vaccination rate per 100 people in Japan and South Korea is relatively low. Since the vaccine began to be widely available in February this year, the number of new cases and vaccinations per day has increased in tandem. The United States has a relatively high vaccine coverage rate, with nearly 75 doses administered per 100 people, and the number of new cases on the same day is also fluctuating downwards. However, it is worth noting that the number of new cases in the United States that day still exceeded 30,000, and the effectiveness of the vaccine cannot be verified in the short term.</p><p><img src=\"https://static.tigerbbs.com/745fd514ff5d0460acb694577f689a78\" tg-width=\"537\" tg-height=\"336\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/bde10b6b5c6ec98c8dba78b95c3dc89e\" tg-width=\"541\" tg-height=\"330\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/85e49685e09d55bfb31130ef969034de\" tg-width=\"537\" tg-height=\"331\" referrerpolicy=\"no-referrer\"></p><p>Furthermore, there are still no effective control measures for the situation in virus mutation, and the global epidemic situation is unlikely to improve significantly in the short term. In the future, all countries will continue to increase their investment in medical care.</p><p>Given that major foreign medical supplies producers and developing countries are suffering from the pandemic, the short-term certainty of China's medical supplies exports is expected to become a medium- to long-term certainty.</p><p><b>In the long run, my country's aging population will also bring \"certainty\".</b></p><p>The results of the 7th population census are yet to be released. However, there is no doubt that the problem of China's aging population is becoming increasingly prominent.</p><p>Existing data shows that by the end of 2019, my country's population aged 65 and above had reached 176 million, an increase of 9.45 million compared to 2018. At the same time, in 2019, the average life expectancy in my country reached 77.3 years, but the average healthy life expectancy was only 68.7 years, with an average survival time of more than 8 years with the disease.</p><p>Currently, my country's total health expenditure accounts for 5.2% of GDP, far lower than the world average of 9.9%. With the gradual upgrading of medical conditions, chronic diseases will receive more and more attention, and chronic diseases are extremely dependent on drugs and medical care, which will strongly promote the development of the medical industry. From this perspective, pharmaceutical funds remain a focus in the second half of the year.</p><p><b>III.</b><b>Which pharmaceutical funds can I buy?</b></p><p>In the future, which pharmaceutical funds<a href=\"https://laohu8.com/S/300785\">Worth buying</a>What?</p><p>The following are actively managed funds in the pharmaceutical and healthcare sector that have been established for more than 2 years, have a scale exceeding 1 billion yuan, and an annualized return exceeding 20%, for your reference:</p><p><img src=\"https://static.tigerbbs.com/0c7f73e70451f092cb598b4fefc961fe\" tg-width=\"545\" tg-height=\"519\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1568689437122","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>In the second half of the year, will the pharmaceutical fund become the most beautiful \"cub\"?</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\">\nIn the second half of the year, will the pharmaceutical fund become the most beautiful \"cub\"?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">苏宁金融研究院</strong><span class=\"h-time small\">2021-05-08 09:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Since the CSI 300 fell sharply in February this year, the market has maintained a volatile trend. However, the market rally before May Day brought many star fund products back into the public eye.</p><p>With the gradual clarification of money market and fiscal policies, overall, mutual funds will not face large-scale redemption pressure in the second half of the year. However, it is necessary to be wary of a market rebound that will lead fund investors to choose to redeem to stop losses and weaken the rebound. The author predicts that the pharmaceutical industry will become the focus in the second half of the year.</p><p><b>I.</b><b>Pharmaceutical funds outperform the market</b></p><p>Based on February 10, 2021, the author selected Zhang Kun's E Fund Small and Medium Cap, Yuan Fang's ICBC Credit Suisse Culture and Sports Industry A, and Ge Lan's China Europe Healthcare A for analysis.</p><p><img src=\"https://static.tigerbbs.com/7b2d09162501d8a0dcfd87bacc0ec9d4\" tg-width=\"569\" tg-height=\"317\" referrerpolicy=\"no-referrer\"></p><p>It can be found that, apart from Zhang Kun's E Fund Small and Mid-Cap Fund underperforming the CSI 300, Yuan Fang's ICBC Credit Suisse Culture and Sports Industry Fund and Ge Lan's China Europe Healthcare Fund have both outperformed the CSI 300, and their net asset values after adjusting for stock splits have reached about 93% of the highest point on February 10, 2021. Looking at the first quarter report of Sino-European Healthcare, Ge Lan only made a simple summary of such excellent results: We generally maintained a high position operation and focused on the long-term prospects of the innovative drug industry chain, medical services, and leading enterprises in high-quality generic drugs.</p><p>Choosing the right fund and industry is crucial. What is the growth potential of the pharmaceutical industry itself? The author selected the most commonly used comparison index for pharmaceutical funds, the CSI Pharmaceutical and Health Index, and compared it with the CSI 300 Index: From a performance perspective, the CSI Pharmaceutical and Health Index has outperformed the CSI 300 Index in both the short and medium to long term. In terms of volatility, the volatility of the CSI Pharmaceutical and Healthcare Index is generally higher than that of the CSI 300 Index. For fund investors with a slightly higher risk appetite, the CSI Pharmaceutical Index seems to be a better choice than the CSI 300 Index.</p><p>Note: Data statistics are as of April 30 this year. To eliminate the impact of dividends and consistent with the index calculation method, Zhongou Healthcare A uses net asset value per unit data.</p><p>Compared with the CSI Pharmaceutical and Health Index, the China Europe Healthcare Fund managed by Ge Lan has a more proactive management capability. Since 2017, this fund has achieved returns of more than three times, far exceeding the CSI Healthcare Index. Whether during periods of inflated market valuations or recent periods of market decline and volatility, Ge Lan's China Europe Healthcare A has outperformed the benchmark. Overall, Ge Lan can be considered an excellent fund manager who has weathered both bull and bear markets.</p><p><img src=\"https://static.tigerbbs.com/c38d95f77d0b8f5ff0b88ccdcce90782\" tg-width=\"578\" tg-height=\"289\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/acde296784ae353b1dba659233e5cd2e\" tg-width=\"569\" tg-height=\"288\" referrerpolicy=\"no-referrer\"></p><p>So, where is the pharmaceutical industry now? Currently, the overall PE (TTM) of the pharmaceutical industry is at a historically high level, but compared to the PE (TTM) of the CSI 300, the pharmaceutical industry as a whole is in a relatively stable range.</p><p><img src=\"https://static.tigerbbs.com/0c7556cf3745a752c3f7bce4d9c79b8a\" tg-width=\"560\" tg-height=\"397\" referrerpolicy=\"no-referrer\"></p><p><b>II.</b><b>Two \"certainties\" in the pharmaceutical industry</b></p><p>The pharmaceutical sector performed outstandingly, with pharmaceutical-themed funds \"riding the wave\". Moreover, the medical industry is highly certain in both the short and long term.</p><p><b>In the short term, the COVID-19 pandemic will bring \"certainty\".</b></p><p>Looking at the vaccination and new cases in the United States, Japan, and South Korea, the current COVID-19 vaccination rate per 100 people in Japan and South Korea is relatively low. Since the vaccine began to be widely available in February this year, the number of new cases and vaccinations per day has increased in tandem. The United States has a relatively high vaccine coverage rate, with nearly 75 doses administered per 100 people, and the number of new cases on the same day is also fluctuating downwards. However, it is worth noting that the number of new cases in the United States that day still exceeded 30,000, and the effectiveness of the vaccine cannot be verified in the short term.</p><p><img src=\"https://static.tigerbbs.com/745fd514ff5d0460acb694577f689a78\" tg-width=\"537\" tg-height=\"336\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/bde10b6b5c6ec98c8dba78b95c3dc89e\" tg-width=\"541\" tg-height=\"330\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/85e49685e09d55bfb31130ef969034de\" tg-width=\"537\" tg-height=\"331\" referrerpolicy=\"no-referrer\"></p><p>Furthermore, there are still no effective control measures for the situation in virus mutation, and the global epidemic situation is unlikely to improve significantly in the short term. In the future, all countries will continue to increase their investment in medical care.</p><p>Given that major foreign medical supplies producers and developing countries are suffering from the pandemic, the short-term certainty of China's medical supplies exports is expected to become a medium- to long-term certainty.</p><p><b>In the long run, my country's aging population will also bring \"certainty\".</b></p><p>The results of the 7th population census are yet to be released. However, there is no doubt that the problem of China's aging population is becoming increasingly prominent.</p><p>Existing data shows that by the end of 2019, my country's population aged 65 and above had reached 176 million, an increase of 9.45 million compared to 2018. At the same time, in 2019, the average life expectancy in my country reached 77.3 years, but the average healthy life expectancy was only 68.7 years, with an average survival time of more than 8 years with the disease.</p><p>Currently, my country's total health expenditure accounts for 5.2% of GDP, far lower than the world average of 9.9%. With the gradual upgrading of medical conditions, chronic diseases will receive more and more attention, and chronic diseases are extremely dependent on drugs and medical care, which will strongly promote the development of the medical industry. From this perspective, pharmaceutical funds remain a focus in the second half of the year.</p><p><b>III.</b><b>Which pharmaceutical funds can I buy?</b></p><p>In the future, which pharmaceutical funds<a href=\"https://laohu8.com/S/300785\">Worth buying</a>What?</p><p>The following are actively managed funds in the pharmaceutical and healthcare sector that have been established for more than 2 years, have a scale exceeding 1 billion yuan, and an annualized return exceeding 20%, for your reference:</p><p><img src=\"https://static.tigerbbs.com/0c7f73e70451f092cb598b4fefc961fe\" tg-width=\"545\" tg-height=\"519\" referrerpolicy=\"no-referrer\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/SX5XCz2NmaZk4KFourQInQ\">苏宁金融研究院</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1c17254274c2907ed04a766866b7c3d8","relate_stocks":{"160635":"医药基金"},"source_url":"https://mp.weixin.qq.com/s/SX5XCz2NmaZk4KFourQInQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133792628","content_text":"自今年2月沪深300大幅下挫以来，市场一直维持震荡行情。不过，五一劳动节前的一波市场行情，让不少明星基金产品重新回到大众的视野当中。\n随着货币市场及财政政策的逐渐明朗，总体来看，公募基金下半年不会面临大规模赎回的压力，但需要警惕市场的反弹导致基民陆续选择赎回止损，削弱反弹力度。笔者预判，医药行业会成为下半年的关注点。\n一、医药基金跑赢大盘\n以2021年2月10日为基准，笔者选取了张坤的易方达中小盘、袁芳的工银瑞信文体产业A及葛兰的中欧医疗健康A进行分析。\n\n可以发现，除张坤的易方达中小盘跑输沪深300以外，袁芳的工银瑞信文体产业和葛兰的中欧医疗健康都已跑赢沪深300，复权后净值均已经达到了2021年2月10日最高点的93%左右。翻看中欧医疗健康的一季报，面对这样优异的成绩，葛兰只做了简单地概括：我们总体维持了高仓位运作，在长期看好的创新药产业链、医疗服务、高质量仿制药的龙头企业等方向进行了着重布局。\n选基金选好行业很关键。医药行业本身的成长性如何？笔者选取了医药基金最常用的比较指数是中证医药卫生指数，将其与沪深300指数比较：从业绩角度来看，无论是短期还是中长期，中证医药卫生指数都跑赢了沪深300指数。在波动率方面，中证医药卫生指数波动率总体高于沪深300指数。对于风险偏好稍高的基民来说，中证医药指数似乎是比沪深300指数更好的选择。\n注：数据统计截至今年4月30日。为排除分红影响，与指数计算口径一致，中欧医疗健康A为单位净值数据。\n而葛兰掌管的中欧医疗健康基金与中证医药卫生指数相比，基金经理的主动管理能力凸显。2017年至今，这支基金跑出了3倍多的收益，远超中证医药卫生指数。无论是大盘估值膨胀期间，还是近期大盘下挫震荡期间，葛兰的中欧医疗健康A都跑赢了基准。总体来说，葛兰算是穿越牛熊的优秀基金经理了。\n\n那么，现在的医药行业处于什么位置？目前，医药行业整体PE(TTM)处于历史较高水平，但相对于沪深300的PE(TTM)，医药行业整体处于相对稳定的区间。\n\n二、医药行业的两个“确定性”\n医药板块表现突出，医药主题基金更是“乘风起舞”。且医疗行业，不管从短期还是长期来看，确定性都强。\n短期上，新冠疫情会带来“确定性”。\n从美、日、韩三国的疫苗接种与新增病例情况来看，日韩两国当前每百人新冠疫苗接种量较低，自今年2月开始普及疫苗以来，当日新增病例与疫苗接种量同增长。美国疫苗普及率相对较高，每百人接种量接近75剂次，当日新增病例也在震荡下跌的趋势中。但值得注意的是，美国当日新增病例依然超过3万，疫苗的有效性在短期内无法得到验证。\n\n且针对病毒变异情况，目前依然没有有效的控制手段，全球疫情短期内不会有太大的改善。未来，各国都将继续加大对医疗方面的投入。\n鉴于国外主要的医疗物资生产国及发展中国家饱受疫情困扰，中国医疗物资对外出口的短期确定性有望变成中长期确定性。\n长期上，我国人口老龄化也会带来“确定性”。\n第7次人口普查结果有待公布。但，毋庸置疑，中国人口老龄化问题越来越凸显。\n已有的数据显示，截至2019年底，我国65周岁及以上人口已达1.76亿，较2018年新增945万人。与此同时，2019年我国人均预期寿命达77.3岁，但人均健康预期寿命仅为68.7岁，平均有8年多带病生存时间。\n目前，我国卫生总费用占GDP比重为5.2%，远低于世界平均水平的9.9%。随着医疗条件的逐步升级，慢性疾病将越来越受到重视，而慢性疾病对药物和医疗的依赖性极高，这将有力地推动医疗业的发展。从这个角度来看，医药类基金依然是下半年的关注点。\n三、哪些医药基金可买\n未来，哪些医药基金值得买呢？\n以下是成立时间超过2年，规模超过10亿，年化超过20%的医药医疗题材的主动管理型基金，可供大家参考：","news_type":1,"symbols_score_info":{"160635":0.9}},"isVote":1,"tweetType":1,"viewCount":4874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123591803,"gmtCreate":1624428078602,"gmtModify":1703836387890,"author":{"id":"3568714154755778","authorId":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714154755778","authorIdStr":"3568714154755778"},"themes":[],"title":"","htmlText":"Hhhhhhhhhhhh","listText":"Hhhhhhhhhhhh","text":"Hhhhhhhhhhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123591803","isVote":1,"tweetType":1,"viewCount":4773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}