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2021-06-12

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Bank of America slaps the Federal Reserve in the face: Where is "temporary" inflation?

2021-06-17

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2021-06-11

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Didi has submitted its IPO application, with management holding over 50% of the voting rights.

2021-06-15

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Is the Federal Reserve about to turn on itself? Super Central Bank Week: Markets Await It Seriously

2021-06-14

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2021-06-05

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2021-06-01

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2021-06-10

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GameStation reported better-than-expected Q1 revenue and plans to issue up to 5 million common shares.

2021-05-31

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Live coverage of IFF 2021! Zhou Xiaochuan, the US Treasury Secretary, and others made significant

2021-05-30

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13:37","market":"us","language":"zh","title":"Is the Federal Reserve about to turn on itself? Super Central Bank Week: Markets Await It Seriously","url":"https://stock-news.laohu8.com/highlight/detail?id=1123321973","media":"Wind万得","summary":"本周迎来超级央行周，美联储等多家央行将公布利率决议。\n美国5月通胀已经高达5%，创出十三年新高，美联储本周议息会议会不会宣布缩减QE？这已成为市场焦点。\n著名经济学家任泽平近日表示，如果美联储货币政策","content":"<p>This week marks Super Central Bank Week, with several central banks, including the Federal Reserve, set to announce their interest rate decisions.</p><p>US inflation reached 5% in May, a 13-year high. Will the Federal Reserve announce a tapering of QE at its interest rate meeting this week? This has become the focus of the market.</p><p>Renowned economist Ren Zeping recently stated that<b>If the Federal Reserve normalizes its monetary policy, or begins shrinking balance sheet and tightening monetary policy, it will put pressure on global capital markets.</b></p><p><b>// Super Central Bank Week is here //</b></p><p>This week, the Federal Reserve, the Bank of Japan, the Swiss National Bank, and others will announce their interest rate decisions.</p><p><b>Among them, the Federal Reserve is the one that attracts the most attention.</b></p><p><b>The Federal Reserve will announce its interest rate decision at 2:00 AM Beijing time on June 17th. Half an hour later, Federal Reserve Chairman Jerome Powell will hold a press conference.</b></p><p>See the chart below for the specific schedule:</p><p><img src=\"https://static.tigerbbs.com/ff5e9242d2cb24ab2f8c085ee97398fa\" tg-width=\"779\" tg-height=\"741\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/80c2ba121bcf020e5143b1c267e4b3ab\" tg-width=\"779\" tg-height=\"677\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/62cc1db7d53aa8152a842b90048161e1\" tg-width=\"779\" tg-height=\"1037\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0dd247431fbeed69ea074da3ebbc4788\" tg-width=\"779\" tg-height=\"474\" referrerpolicy=\"no-referrer\"></p><p>Wind's analysis reveals that, based on current market expectations, the Federal Reserve, the Bank of Japan, the Bank of Indonesia, the Swiss National Bank, the Norwegian Central Bank, the Central Bank of Turkey, and the Central Bank of Egypt are highly likely to choose to maintain their existing benchmark interest rates unchanged.</p><p>The Ukrainian central bank may choose 50 basis points for rate hike, while the Brazilian central bank may choose 75 basis points for rate hike. The Norwegian central bank may hint at declaring a rate hike in September this year.</p><p><b>// With inflation soaring, is the Federal Reserve about to change its tune?  //</b></p><p>Once the Federal Reserve announces a reduction in its monthly bond purchases (QE), it will be seen as a key signal of global tightening of monetary policy.</p><p>According to Wind's research of multiple sources, the mainstream view is that the Federal Reserve is expected to release this signal as early as the Jackson Hole Global Central Bank Annual Meeting before the end of August this year, while the more common view is that it will be announced at the meeting in September this year. But no, people don't seem to believe the Federal Reserve's claim that \"inflation is only temporary\".</p><p>In its April policy statement, the Federal Reserve wrote, \"Inflation has risen, largely reflecting transitory factors.\" Therefore, whether the Federal Reserve will remove this statement from its June interest rate decision is expected to be the \"epicenter\" triggering market-wide volatility.</p><p>The market is currently awaiting a clear signal from the Federal Reserve, and dollar volatility has fallen to its lowest level in more than a year.</p><p><b>// US CPI hits near 13-year high //</b></p><p>If the Federal Reserve changes its dovish stance, inflation will be the decisive factor.</p><p>Data released by the U.S. Department of Labor on the 10th local time shows that<b>The CPI rose 5% year-on-year in May, a new high since August 2008, compared to the expected 4.7% increase and the previous 4.2% increase, marking the largest year-on-year increase in nearly 13 years.</b>。</p><p><img src=\"https://static.tigerbbs.com/53c0507e13d2d924ecaefcd462dced92\" tg-width=\"989\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p>(Image from Wind Financial Terminal EDB module)</p><p>Annual inflation measures have been boosted compared to last year's data during the pandemic, when prices fell sharply due to a plunge in demand for many goods and services. The market currently expects this so-called base effect to significantly push up inflation data for May and June until the fall.</p><p>According to multiple data points recently released by the U.S. Department of Commerce, housing prices across the United States were soaring as of April.</p><p>The S&P Shiller home price index rose 13.2% in March compared to the same period in 2020, the largest increase since December 2005. Home price indices in 90% of U.S. cities, including New York and San Francisco, hit new highs.</p><p>The Federal Reserve's Beige Book, released in early June, showed that inflationary pressures in the United States had further increased. The report shows that from early April to the end of May, economic activity across U.S. jurisdictions expanded moderately at a faster pace. Jurisdictions generally expect that costs and sales prices may continue to rise in the coming months.</p><p><b>// Inflation data released, market not panicking //</b></p><p>However, it is worth noting that the US inflation data on June 11 exceeded expectations, but did not trigger market panic.</p><p>On that day, the three major U.S. stock indexes all closed higher, with gains all within 1%; European stocks were mixed. COMEX gold futures rose 0.31% to $1,901.3 per ounce; International crude oil futures closed broadly higher, with the US crude oil contract for July delivery rising 0.19% to $70.09 a barrel. Base metals prices in London were mixed, with LME copper futures down 0.85%.</p><p><b>One reason for the lack of increase in market volatility is the ECB's dovish stance overnight, and the market may believe that the same phenomenon will happen to the Federal Reserve.</b></p><p>The European Central Bank (ECB) chose not to indicate when it might begin tapering its pandemic-era stimulus program and expects inflation to remain below target for the foreseeable future. Meanwhile, the European Central Bank decided to continue its stimulus program, and its ultra-low interest rates remained unchanged.</p><p><b>// Ren Zeping: Be wary of the risks of the Fed's rate hike shrinking balance sheet //</b></p><p>Although there was no panic in the market after the inflation data was released last week, the continued rise in US inflation poses a real threat to emerging markets.</p><p>Tatiana Lysenko, chief emerging markets economist at S&P Global Ratings, said that rising U.S. inflation and yields will push up borrowing costs for developing countries, in addition to...<b>The broader risk is that the U.S. economy will outpace emerging economies, which will lead to capital outflows from emerging market stocks and bonds, ultimately triggering currency depreciation.</b></p><p>According to S&P data, refinancing costs in 15 of the 18 largest advanced economies are more than 1 percentage point lower than average borrowing costs. Most of these economies pay less than 1% interest.</p><p>In a research report released on June 11, Ren Zeping, chief economist at Dongwu Securities, called for vigilance against the risks posed by the Federal Reserve's rate hike shrinking balance sheet.</p><p>He stated that, according to market expectations, vaccination coverage in the United States may reach 70% around October, with basic vaccination completed by the end of the year. The risks of the Federal Reserve's future shrinking balance sheet and capital outflows from new markets warrant vigilance.</p><p>He emphasized that global asset price valuations are currently very high, and China has normalized its monetary policy.<b>If the Federal Reserve's monetary policy were to normalize one day, or if it were to begin shrinking balance sheet and tighten monetary policy, it would put pressure on global capital markets.</b>the US Dollar Index briefly strengthened in February and March of this year, capital flowed out of the new market, and the Turkish market collapsed immediately.</p><p>Regarding the economic, policy, and market outlook for the third quarter, he reminded investors to remember three points:</p><p><b>First, the first quarter is the peak of the economy, and the second and third quarters will slow down marginally.</b></p><p><b>Secondly, the phase of the sharpest rise in commodity prices may be over, and the peak is approaching.</b></p><p><b>Thirdly, market expectations and anxieties about tightening monetary policy will ease.</b></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>Is the Federal Reserve about to turn on itself? Super Central Bank Week: Markets Await It Seriously</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\">\nIs the Federal Reserve about to turn on itself? Super Central Bank Week: Markets Await It Seriously\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2021-06-14 13:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>This week marks Super Central Bank Week, with several central banks, including the Federal Reserve, set to announce their interest rate decisions.</p><p>US inflation reached 5% in May, a 13-year high. Will the Federal Reserve announce a tapering of QE at its interest rate meeting this week? This has become the focus of the market.</p><p>Renowned economist Ren Zeping recently stated that<b>If the Federal Reserve normalizes its monetary policy, or begins shrinking balance sheet and tightening monetary policy, it will put pressure on global capital markets.</b></p><p><b>// Super Central Bank Week is here //</b></p><p>This week, the Federal Reserve, the Bank of Japan, the Swiss National Bank, and others will announce their interest rate decisions.</p><p><b>Among them, the Federal Reserve is the one that attracts the most attention.</b></p><p><b>The Federal Reserve will announce its interest rate decision at 2:00 AM Beijing time on June 17th. Half an hour later, Federal Reserve Chairman Jerome Powell will hold a press conference.</b></p><p>See the chart below for the specific schedule:</p><p><img src=\"https://static.tigerbbs.com/ff5e9242d2cb24ab2f8c085ee97398fa\" tg-width=\"779\" tg-height=\"741\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/80c2ba121bcf020e5143b1c267e4b3ab\" tg-width=\"779\" tg-height=\"677\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/62cc1db7d53aa8152a842b90048161e1\" tg-width=\"779\" tg-height=\"1037\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0dd247431fbeed69ea074da3ebbc4788\" tg-width=\"779\" tg-height=\"474\" referrerpolicy=\"no-referrer\"></p><p>Wind's analysis reveals that, based on current market expectations, the Federal Reserve, the Bank of Japan, the Bank of Indonesia, the Swiss National Bank, the Norwegian Central Bank, the Central Bank of Turkey, and the Central Bank of Egypt are highly likely to choose to maintain their existing benchmark interest rates unchanged.</p><p>The Ukrainian central bank may choose 50 basis points for rate hike, while the Brazilian central bank may choose 75 basis points for rate hike. The Norwegian central bank may hint at declaring a rate hike in September this year.</p><p><b>// With inflation soaring, is the Federal Reserve about to change its tune?  //</b></p><p>Once the Federal Reserve announces a reduction in its monthly bond purchases (QE), it will be seen as a key signal of global tightening of monetary policy.</p><p>According to Wind's research of multiple sources, the mainstream view is that the Federal Reserve is expected to release this signal as early as the Jackson Hole Global Central Bank Annual Meeting before the end of August this year, while the more common view is that it will be announced at the meeting in September this year. But no, people don't seem to believe the Federal Reserve's claim that \"inflation is only temporary\".</p><p>In its April policy statement, the Federal Reserve wrote, \"Inflation has risen, largely reflecting transitory factors.\" Therefore, whether the Federal Reserve will remove this statement from its June interest rate decision is expected to be the \"epicenter\" triggering market-wide volatility.</p><p>The market is currently awaiting a clear signal from the Federal Reserve, and dollar volatility has fallen to its lowest level in more than a year.</p><p><b>// US CPI hits near 13-year high //</b></p><p>If the Federal Reserve changes its dovish stance, inflation will be the decisive factor.</p><p>Data released by the U.S. Department of Labor on the 10th local time shows that<b>The CPI rose 5% year-on-year in May, a new high since August 2008, compared to the expected 4.7% increase and the previous 4.2% increase, marking the largest year-on-year increase in nearly 13 years.</b>。</p><p><img src=\"https://static.tigerbbs.com/53c0507e13d2d924ecaefcd462dced92\" tg-width=\"989\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p>(Image from Wind Financial Terminal EDB module)</p><p>Annual inflation measures have been boosted compared to last year's data during the pandemic, when prices fell sharply due to a plunge in demand for many goods and services. The market currently expects this so-called base effect to significantly push up inflation data for May and June until the fall.</p><p>According to multiple data points recently released by the U.S. Department of Commerce, housing prices across the United States were soaring as of April.</p><p>The S&P Shiller home price index rose 13.2% in March compared to the same period in 2020, the largest increase since December 2005. Home price indices in 90% of U.S. cities, including New York and San Francisco, hit new highs.</p><p>The Federal Reserve's Beige Book, released in early June, showed that inflationary pressures in the United States had further increased. The report shows that from early April to the end of May, economic activity across U.S. jurisdictions expanded moderately at a faster pace. Jurisdictions generally expect that costs and sales prices may continue to rise in the coming months.</p><p><b>// Inflation data released, market not panicking //</b></p><p>However, it is worth noting that the US inflation data on June 11 exceeded expectations, but did not trigger market panic.</p><p>On that day, the three major U.S. stock indexes all closed higher, with gains all within 1%; European stocks were mixed. COMEX gold futures rose 0.31% to $1,901.3 per ounce; International crude oil futures closed broadly higher, with the US crude oil contract for July delivery rising 0.19% to $70.09 a barrel. Base metals prices in London were mixed, with LME copper futures down 0.85%.</p><p><b>One reason for the lack of increase in market volatility is the ECB's dovish stance overnight, and the market may believe that the same phenomenon will happen to the Federal Reserve.</b></p><p>The European Central Bank (ECB) chose not to indicate when it might begin tapering its pandemic-era stimulus program and expects inflation to remain below target for the foreseeable future. Meanwhile, the European Central Bank decided to continue its stimulus program, and its ultra-low interest rates remained unchanged.</p><p><b>// Ren Zeping: Be wary of the risks of the Fed's rate hike shrinking balance sheet //</b></p><p>Although there was no panic in the market after the inflation data was released last week, the continued rise in US inflation poses a real threat to emerging markets.</p><p>Tatiana Lysenko, chief emerging markets economist at S&P Global Ratings, said that rising U.S. inflation and yields will push up borrowing costs for developing countries, in addition to...<b>The broader risk is that the U.S. economy will outpace emerging economies, which will lead to capital outflows from emerging market stocks and bonds, ultimately triggering currency depreciation.</b></p><p>According to S&P data, refinancing costs in 15 of the 18 largest advanced economies are more than 1 percentage point lower than average borrowing costs. Most of these economies pay less than 1% interest.</p><p>In a research report released on June 11, Ren Zeping, chief economist at Dongwu Securities, called for vigilance against the risks posed by the Federal Reserve's rate hike shrinking balance sheet.</p><p>He stated that, according to market expectations, vaccination coverage in the United States may reach 70% around October, with basic vaccination completed by the end of the year. The risks of the Federal Reserve's future shrinking balance sheet and capital outflows from new markets warrant vigilance.</p><p>He emphasized that global asset price valuations are currently very high, and China has normalized its monetary policy.<b>If the Federal Reserve's monetary policy were to normalize one day, or if it were to begin shrinking balance sheet and tighten monetary policy, it would put pressure on global capital markets.</b>the US Dollar Index briefly strengthened in February and March of this year, capital flowed out of the new market, and the Turkish market collapsed immediately.</p><p>Regarding the economic, policy, and market outlook for the third quarter, he reminded investors to remember three points:</p><p><b>First, the first quarter is the peak of the economy, and the second and third quarters will slow down marginally.</b></p><p><b>Secondly, the phase of the sharpest rise in commodity prices may be over, and the peak is approaching.</b></p><p><b>Thirdly, market expectations and anxieties about tightening monetary policy will ease.</b></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c642e2602b0226eff0cc78e1452765cc","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123321973","content_text":"本周迎来超级央行周，美联储等多家央行将公布利率决议。\n美国5月通胀已经高达5%，创出十三年新高，美联储本周议息会议会不会宣布缩减QE？这已成为市场焦点。\n著名经济学家任泽平近日表示，如果美联储货币政策正常化，或者说开始缩表、紧缩货币政策，会对全球资本市场产生压力。\n// 超级央行周到来  //\n本周，美联储、日本央行、瑞士央行等将公布利率决议。\n其中，最受关注的还是美联储。\n北京时间6月17日2点，美联储将公布利率决议；半小时后，美联储主席鲍威尔将举行新闻发布会。\n具体日程参见下方图表：\n\nWind梳理发现，从目前市场预期来看，美联储、日本央行、印尼央行、瑞士央行、挪威央行、土耳其央行和埃及央行等大概率会选择维持现有基准利率水平不变。\n而乌克兰央行可能会选择加息50个基点，巴西央行则可能会加息75个基点。挪威央行可能会暗示在今年9月的时候宣布加息。\n//  通胀飙升，美联储要变脸？  //\n美联储一旦宣布减少每月债券购买规模（QE），将被认为是全球收紧货币政策的关键信号。\nWind查询多方资料发现，目前主流看法是，美联储最快有望在今年8月末之前的杰克逊霍尔全球央行年会上释放该信号，而更为普遍看法是在今年9月份的会议上宣布。但不人们似乎不太相信美联储认为“通胀只是暂时的”说法。\n美联储在4月份的政策声明中写道：“Inflation has risen, largely reflecting transitory factors.”（通胀已经走高，主要反映了暂时性因素）。因此，对于6月的利率决议来说，美联储是否会删除这一表述，预计将会是引发全市场波动的“震中”。\n目前市场正在等待美联储的明确信号，美元波动率已跌至一年多来的最低水平。\n//  美国CPI创近13年新高  //\n如果美联储改变鸽派立场，通胀将是决定性因素。\n美国劳工部当地时间10日公布的数据显示，5月CPI同比升5%，创2008年8月来新高，预期升4.7%，前值升4.2%，创下近13年来最大同比增幅。\n\n（图片来自Wind金融终端EDB模块）\n与去年疫情期间的数据相比，年度通胀指标得到了提振，当时由于对许多商品和服务的需求暴跌，价格大幅下跌。市场目前预计这种所谓的基数效应将大幅推高5月和6月的通胀数据，直至秋季。\n据美国商务部近期公布的多项数据显示，截止4月，全美范围内的房价正在大幅飙升。\n标普席勒房价指数3月较2020年同期上涨13.2%，为2005年12月以来最大涨幅，包括纽约、旧金山在内的美国90%的城市房价指数均创下新高。\n6月月初公布的美联储“褐皮书”显示美国通胀压力进一步增加。报告显示，4月初至5月底，美国各辖区经济活动以更快速度温和扩张。各辖区普遍预计，未来几个月成本和销售价格可能继续上扬。\n//  通胀数据公布，市场并未恐慌  //\n不过值得注意的是，6月11日美国通胀数据超预期，但是并没有引发市场恐慌。\n当天，美国三大股指集体收涨，涨幅均在1%之内；欧股涨跌不一。COMEX期金涨0.31%，报1901.3美元/盎司；国际原油期货收盘普涨，美油7月合约涨0.19%，报70.09美元/桶。伦敦基本金属涨跌不一，LME期铜跌0.85%。\n市场波动率未上升的其中一个原因是隔夜欧央行鸽派的态度，市场或认为同样现象也会发生在美联储身上。\n欧洲央行(ECB)选择不暗示何时可能开始缩减其疫情时期的刺激计划，并预计在可预见的未来，通胀仍将低于目标水平。同时欧洲央行决定继续实施刺激计划，其超低利率也保持不变。\n//  任泽平：警惕美联储加息缩表风险  //\n尽管上周通胀数据公布后，市场并未出现恐慌，但是美国通胀持续走高，对新兴市场却构成实质威胁。\n标普全球评级新兴市场首席经济学家塔蒂亚娜·李森科表示，美国通胀和收益率上升会推高发展中国家的借贷成本，除此之外，更广泛的风险是，美国经济将领先于新兴经济体，这将导致资金流出新兴市场股票和债券，最终引发货币贬值。\n标普的数据显示，18个最大的发达经济体中有15个的再融资成本比平均借贷成本低1个百分点以上。其中大多数经济体支付的利息不到1%。\n东吴证券首席经济学家任泽平在6月11日发布的研报中呼吁，警惕美联储加息缩表引发的风险。\n他表示，如果按照市场预计，10月份前后，美国的疫苗接种可能能达到70%，到年底基本接种完毕，美联储未来的缩表和资本从新市场流出的风险值得警惕。\n他强调，现在全球资产价格估值都很高，中国已经货币政策正常化了，如果哪天美联储货币政策正常化，或者说开始缩表、紧缩货币政策，会对全球的资本市场产生压力。今年二三月份美元指数短暂走强，资金从新市场流出，土耳其市场直接就崩盘了。\n对于三季度的经济、政策和市场展望，他提醒投资者记住三点：\n第一点，一季度是经济高点，二三季度会边际放缓。\n第二点，大宗商品价格最猛烈的上涨的阶段可能结束了，高点临近了。\n第三点，市场对货币政策收紧的预期和焦虑会缓解。","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":4766,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185064505,"gmtCreate":1623627652907,"gmtModify":1704207093421,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573267026077628","authorIdStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185064505","repostId":"1159028389","repostType":4,"isVote":1,"tweetType":1,"viewCount":4663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188597581,"gmtCreate":1623453997443,"gmtModify":1704203933199,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573267026077628","authorIdStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188597581","repostId":"1185815929","repostType":4,"repost":{"id":"1185815929","kind":"news","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1623381455,"share":"https://ttm.financial/m/news/1185815929?lang=en_US&edition=fundamental","pubTime":"2021-06-11 11:17","market":"us","language":"zh","title":"Bank of America slaps the Federal Reserve in the face: Where is \"temporary\" inflation?","url":"https://stock-news.laohu8.com/highlight/detail?id=1185815929","media":"华尔街见闻","summary":"美联储真的如市场相信的那样，可以轻易把高通胀的潘多拉魔盒关上？美银不同意：“历史表明，一旦通胀走高，就很难在不引发经济衰退的情况下加以控制”。\n\n美国通胀又爆表了，但市场似乎已经无所畏惧，美股美债齐齐","content":"<p>The Federal Reserve can indeed easily control high inflation, as the market believes.<a href=\"https://laohu8.com/S/0NQC.UK\">Pandora</a>Close the magic box? Bank of America disagrees: \"History shows that once inflation rises, it is difficult to control it without triggering a recession.\" US inflation has skyrocketed again, but the market seems fearless, with both US stocks and Treasuries surging. Investors seem to have begun to believe the Federal Reserve's rhetoric: inflation is only temporarily rising.</p><p>However,<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Chief economist Michelle Meyer, however, stated bluntly: We don't buy it!</p><p>In her opinion,<b>As labor shortages and signs of inflation continue to emerge, the confidence of the Federal Reserve and the market is becoming increasingly unconvincing, and the foundation for more sustained inflation in the future is now being laid.</b></p><p>Bank of America stated that while U.S. inflation hit new highs in April and May, the market not only failed to recognize the inflation risks implied by a series of indicators, but also had a long list of excuses for ignoring inflation signs:</p><p>1. The labor shortage will disappear in the fall, when unemployment benefits will decrease, childcare will be easier to find, and concerns about contracting the coronavirus at work will also subside. 2. The bottlenecks in commodity production are caused by special shocks. As production recovers and demand shifts from goods to services, bottlenecks will gradually disappear; 3. As the impact of past supply disruptions subsides, labor shortages ease, and commodity demand growth slows, trade bottlenecks will also be alleviated. 4. The price increase is purely temporary and targets specific industries. As supply recovers, the upward trend will also fade; 5. By definition, any aspect of price inflation is a temporary rise because the output gap still exists, while sustained price pressures require the gap to disappear. 6. Salary increases mainly occur in lower-paying jobs. This is a good thing because it helps narrow the income gap; 7. In recent years, the link between wage levels and inflation has weakened. We should still celebrate, not lament, rising wages; 8. By definition, any aspect of wage growth is temporary because the unemployment rate is still too high to generate sustained wage pressure; 9. The University of Michigan's inflation expectations index has surged, but this is an overreaction to the obvious rise in food and energy prices; When these two prices fall, inflation expectations will also subside; 10. Historically, inflation expectations have only risen after real inflation has remained high for a period of time; The recent rise must have been a fluke; 11. The break-even inflation rate is only rising moderately. If there really is a problem, the bond market will tell us everything. 12. Ignoring rough surveys on inflation expectations, surveys of professional economists still believe that inflation will reach the Federal Reserve's target in the long run. Bank of America also pointed out that the most important point is that<b>The market believes that \"there is no need to worry about inflation being too high, because the Federal Reserve can do everything it can to rate hike to cool it down.\"</b></p><p>In response, the financial blog Zero Hedge sarcastically remarked: \"The Federal Reserve is very successful; it can not only use rate hike to cool inflation, but also cause the US stock market to collapse within 15 minutes.\"</p><p>However, it is worth noting that the market's views above still have some merit. So, what is Bank of America worried about?</p><p>Meyer believes that it is unreasonable to consider all recent inflation problems as \"temporary\". The most crucial point is,<b>These \"temporary\" pressures may last for several months and may become an inherent factor in the psychology of inflation.</b></p><p>She also stated that this possibility becomes extremely high, given that U.S. monetary and fiscal authorities have already indicated through words and actions that they want the economy to overheat and inflation to rise in the coming years.</p><p>Bank of America also disagrees with the claim that \"the Federal Reserve can easily close Pandora's box of high inflation.\"</p><p>We have never had sustained high inflation in recent decades.<b>However, history shows that once inflation rises, it is difficult to control it without triggering a recession.</b>Furthermore, the Federal Reserve has pledged that rate hike will arrive later than usual and will only rate hike if they believe that higher inflation is already entrenched in the U.S. economy.</p><p>This means that the Federal Reserve's current policy strategy is making rate hike increasingly difficult. However, if an unexpected event occurs and the rate hike signal comes earlier than the Fed's current hints, then it will be too late for the market.</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>Bank of America slaps the Federal Reserve in the face: Where is \"temporary\" inflation?</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\">\nBank of America slaps the Federal Reserve in the face: Where is \"temporary\" inflation?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2021-06-11 11:17</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The Federal Reserve can indeed easily control high inflation, as the market believes.<a href=\"https://laohu8.com/S/0NQC.UK\">Pandora</a>Close the magic box? Bank of America disagrees: \"History shows that once inflation rises, it is difficult to control it without triggering a recession.\" US inflation has skyrocketed again, but the market seems fearless, with both US stocks and Treasuries surging. Investors seem to have begun to believe the Federal Reserve's rhetoric: inflation is only temporarily rising.</p><p>However,<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Chief economist Michelle Meyer, however, stated bluntly: We don't buy it!</p><p>In her opinion,<b>As labor shortages and signs of inflation continue to emerge, the confidence of the Federal Reserve and the market is becoming increasingly unconvincing, and the foundation for more sustained inflation in the future is now being laid.</b></p><p>Bank of America stated that while U.S. inflation hit new highs in April and May, the market not only failed to recognize the inflation risks implied by a series of indicators, but also had a long list of excuses for ignoring inflation signs:</p><p>1. The labor shortage will disappear in the fall, when unemployment benefits will decrease, childcare will be easier to find, and concerns about contracting the coronavirus at work will also subside. 2. The bottlenecks in commodity production are caused by special shocks. As production recovers and demand shifts from goods to services, bottlenecks will gradually disappear; 3. As the impact of past supply disruptions subsides, labor shortages ease, and commodity demand growth slows, trade bottlenecks will also be alleviated. 4. The price increase is purely temporary and targets specific industries. As supply recovers, the upward trend will also fade; 5. By definition, any aspect of price inflation is a temporary rise because the output gap still exists, while sustained price pressures require the gap to disappear. 6. Salary increases mainly occur in lower-paying jobs. This is a good thing because it helps narrow the income gap; 7. In recent years, the link between wage levels and inflation has weakened. We should still celebrate, not lament, rising wages; 8. By definition, any aspect of wage growth is temporary because the unemployment rate is still too high to generate sustained wage pressure; 9. The University of Michigan's inflation expectations index has surged, but this is an overreaction to the obvious rise in food and energy prices; When these two prices fall, inflation expectations will also subside; 10. Historically, inflation expectations have only risen after real inflation has remained high for a period of time; The recent rise must have been a fluke; 11. The break-even inflation rate is only rising moderately. If there really is a problem, the bond market will tell us everything. 12. Ignoring rough surveys on inflation expectations, surveys of professional economists still believe that inflation will reach the Federal Reserve's target in the long run. Bank of America also pointed out that the most important point is that<b>The market believes that \"there is no need to worry about inflation being too high, because the Federal Reserve can do everything it can to rate hike to cool it down.\"</b></p><p>In response, the financial blog Zero Hedge sarcastically remarked: \"The Federal Reserve is very successful; it can not only use rate hike to cool inflation, but also cause the US stock market to collapse within 15 minutes.\"</p><p>However, it is worth noting that the market's views above still have some merit. So, what is Bank of America worried about?</p><p>Meyer believes that it is unreasonable to consider all recent inflation problems as \"temporary\". The most crucial point is,<b>These \"temporary\" pressures may last for several months and may become an inherent factor in the psychology of inflation.</b></p><p>She also stated that this possibility becomes extremely high, given that U.S. monetary and fiscal authorities have already indicated through words and actions that they want the economy to overheat and inflation to rise in the coming years.</p><p>Bank of America also disagrees with the claim that \"the Federal Reserve can easily close Pandora's box of high inflation.\"</p><p>We have never had sustained high inflation in recent decades.<b>However, history shows that once inflation rises, it is difficult to control it without triggering a recession.</b>Furthermore, the Federal Reserve has pledged that rate hike will arrive later than usual and will only rate hike if they believe that higher inflation is already entrenched in the U.S. economy.</p><p>This means that the Federal Reserve's current policy strategy is making rate hike increasingly difficult. However, if an unexpected event occurs and the rate hike signal comes earlier than the Fed's current hints, then it will be too late for the market.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f09c44f289c2f0d40610768fe6661fab","relate_stocks":{"161125":"标普500","SPY":"标普500ETF","SSO":"2倍做多标普500ETF-ProShares",".IXIC":"NASDAQ Composite","QID":"两倍做空纳斯达克指数ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","IVV":"标普500ETF-iShares","DOG":"道指ETF-ProShares做空","QQQ":"纳指100ETF","DDM":"2倍做多道指ETF-ProShares","SH":"做空标普500-Proshares","UPRO":"三倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185815929","content_text":"美联储真的如市场相信的那样，可以轻易把高通胀的潘多拉魔盒关上？美银不同意：“历史表明，一旦通胀走高，就很难在不引发经济衰退的情况下加以控制”。\n\n美国通胀又爆表了，但市场似乎已经无所畏惧，美股美债齐齐大涨。投资者们似乎已经开始相信美联储的那一套说辞：通胀嘛，只是暂时走高而已。\n然而，美国银行首席经济学家Michelle Meyer却直言：我们不买账！\n在她看来，随着劳动力短缺和通胀迹象不断出现，美联储和市场的自信都在变得越来越令人难以信服，未来更持续的通胀正从此刻开始打下基础。\n美国银行表示，在美国4月、5月通胀连续创出新高之际，市场非但没有意识到一系列指标所暗示的通胀风险，反而还有一长串对通胀迹象视而不见的借口：\n\n 1、劳动力短缺将在秋季消失，届时失业福利将减少，儿童保育更好找，对于在工作岗位上感染新冠病毒的担忧也将减退；\n\n\n 2、商品生产的瓶颈是由特殊的冲击造成的。随着生产回暖，需求从商品转向服务，瓶颈就将逐渐消失；\n\n\n 3、随着过去供应中断的影响消退，劳动力短缺出现缓解以及商品需求增长减速，贸易瓶颈也将得到缓解；\n\n\n 4、价格纯粹是暂时性上涨，而且是针对了特定行业。随着供应回升，涨势也将消退；\n\n\n 5、从定义出发，价格通胀的任一方面都是暂时性走高，因为产出缺口仍旧存在，而持续的价格压力则需要缺口消失；\n\n\n 6、薪资上涨主要出现在工资较低的工作当中。这是一件好事，因为这有助于缩小收入差距；\n\n\n 7、近年来，薪资水平和物价通胀之间的联系有所减弱。我们仍旧应该庆祝，而非哀叹工资上涨；\n\n\n 8、从定义出发，薪资增速的任一方面都是暂时性增长，因为失业率仍旧太高，无法产生持续的薪资压力；\n\n\n 9、密歇根大学通胀预期指数已经飙升，但这是对显而易见的食物和能源价格上涨的过度反应；当这两大价格走低时，通胀预期也会消退；\n\n\n 10、从历史上看，只有在实际通胀持续高企一段时间之后，通胀预期才会走高；最近的上涨一定是侥幸；\n\n\n 11、盈亏平衡通胀率只是温和上升，如果真的存在问题，债市会告诉我们一切；\n\n\n 12、忽略那些有关通胀预期的粗略调查，对专业经济学家的调查仍旧认为，长期来看，通胀将达到美联储的目标。\n\n美国银行还指出，最重要的一点在于，市场相信“不要担心通胀过高，因为美联储可以竭尽所能地加息，以此来冷却通胀”。\n对此，金融博客Zero Hedge直接讽刺道：美联储行得很，不仅可以用加息来冷却通胀，还可以让宝贝美股在15分钟之内就崩盘呢。\n不过值得注意的是，市场的上述观点，多多少少都还算有一些道理。那么，美国银行在担心什么？\nMeyer认为，若将近期所有的通胀问题均视为“暂时出现”，这并不合情理。最关键的地方是，这些“暂时性”压力可能会持续好几个月，并可能成为通胀心理学当中的固有因素。\n她还称，考虑到美国货币和财政当局已经用言语和行动表明，他们希望未来几年经济过热、通胀走高，上述可能性就变得非常之大。\n对于“美联储可以轻易把高通胀的潘多拉魔盒关上”的说法，美国银行也并不认同：\n\n 近几十年来，我们从未有过持续的高通胀。\n 但历史表明，一旦通胀走高，就很难在不引发经济衰退的情况下加以控制。\n\n此外，美联储已经承诺，加息将比常态情况下来得更晚，且只有当他们相信更高的通胀已经根植于美国经济之中时才会加息。\n这也就意味着，美联储当前的政策策略使得加息变得愈发困难，但如果有意外发生，加息信号来得比美联储目前的暗示还要早，那么对于市场而言，一切就已经太晚了。","news_type":1,"symbols_score_info":{"161125":0.9,"DDM":0.9,"SSO":0.9,"MNQmain":0.9,"SPXU":0.9,"SPY":0.9,".IXIC":0.9,"SH":0.9,"QID":0.9,"UPRO":0.9,".DJI":0.9,"SDS":0.9,".SPX":0.9,"TQQQ":0.9,"PSQ":0.9,"IVV":0.9,"DOG":0.9,"ESmain":0.9,"NQmain":0.9,"QQQ":0.9}},"isVote":1,"tweetType":1,"viewCount":4742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181084108,"gmtCreate":1623367518004,"gmtModify":1704201651560,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573267026077628","authorIdStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181084108","repostId":"1179767026","repostType":4,"repost":{"id":"1179767026","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":1623361009,"share":"https://ttm.financial/m/news/1179767026?lang=en_US&edition=fundamental","pubTime":"2021-06-11 05:36","market":"sh","language":"zh","title":"Didi has submitted its IPO application, with management holding over 50% of the voting rights.","url":"https://stock-news.laohu8.com/highlight/detail?id=1179767026","media":"老虎资讯综合","summary":"美东时间6月10日，滴滴出行正式向美国证券交易委员会递交IPO申请，拟于纽交所或纳斯达克挂牌上市，股票代码为“DIDI”。招股书显示，截至2021年3月，滴滴在全球15个国家4000多个城市开展业务，平台全球年活跃用户达到4.93亿。招股书显示，IPO之前，滴滴创始人、CEO程维持股7%，联合创始人、总裁柳青持股1.7%。根据中概股常规的同股不同权的安排，程维柳青合计拥有超过48%的投票权，包括程维柳青在内的滴滴管理层拥有超过50%的投票权。","content":"<p>On June 10, Eastern Time, DIDI Chuxing officially filed for an IPO with the U.S. Securities and Exchange Commission (SEC), intending to list on the New York Stock Exchange or Nasdaq under the ticker symbol \"DIDI\". According to its prospectus, as of March 2021, Didi operated in more than 4,000 cities in 15 countries around the world, with 493 million annual active users worldwide.</p><p>According to the prospectus, prior to the IPO, Didi founder and CEO Cheng Wei held 7% of the shares, and co-founder and president Liu Qing held 1.7%. According to the standard dual-class share structure for Chinese concept stocks, Cheng Wei and Liu Qing collectively hold more than 48% of the voting rights, and Didi's management, including Cheng Wei and Liu Qing, holds more than 50% of the voting rights.</p><p>Currently, many domestic internet companies such as JD.com, Xiaomi, and Pinduoduo have adopted the AB share model, which is a dual-class share structure. It is through this model that founders such as Liu Qiangdong, Lei Jun, and Huang Zheng, although the shares they own do not reach the level of absolute control, are able to firmly control 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>Didi has submitted its IPO application, with management holding over 50% of the voting rights.</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\">\nDidi has submitted its IPO application, with management holding over 50% of the voting rights.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-11 05:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 10, Eastern Time, DIDI Chuxing officially filed for an IPO with the U.S. Securities and Exchange Commission (SEC), intending to list on the New York Stock Exchange or Nasdaq under the ticker symbol \"DIDI\". According to its prospectus, as of March 2021, Didi operated in more than 4,000 cities in 15 countries around the world, with 493 million annual active users worldwide.</p><p>According to the prospectus, prior to the IPO, Didi founder and CEO Cheng Wei held 7% of the shares, and co-founder and president Liu Qing held 1.7%. According to the standard dual-class share structure for Chinese concept stocks, Cheng Wei and Liu Qing collectively hold more than 48% of the voting rights, and Didi's management, including Cheng Wei and Liu Qing, holds more than 50% of the voting rights.</p><p>Currently, many domestic internet companies such as JD.com, Xiaomi, and Pinduoduo have adopted the AB share model, which is a dual-class share structure. It is through this model that founders such as Liu Qiangdong, Lei Jun, and Huang Zheng, although the shares they own do not reach the level of absolute control, are able to firmly control the company.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bf210b0a9da00c82cb2c925171714e26","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179767026","content_text":"美东时间6月10日，滴滴出行正式向美国证券交易委员会（SEC）递交IPO申请，拟于纽交所或纳斯达克挂牌上市，股票代码为“DIDI”。招股书显示，截至2021年3月，滴滴在全球15个国家4000多个城市开展业务，平台全球年活跃用户达到4.93亿。\n招股书显示，IPO之前，滴滴创始人、CEO程维持股7%，联合创始人、总裁柳青持股1.7%。根据中概股常规的同股不同权的安排，程维柳青合计拥有超过48%的投票权，包括程维柳青在内的滴滴管理层拥有超过50%的投票权。\n目前国内京东、小米、拼多多等多家互联网公司都采用了AB股即同股不同权的模式，刘强东、雷军、黄峥等创始人也正是借此拥有的股份尽管没有达到绝对控股的程度，却能够牢牢地掌控住公司。","news_type":1,"symbols_score_info":{"DIDI":0.9}},"isVote":1,"tweetType":1,"viewCount":4489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189527296,"gmtCreate":1623282690615,"gmtModify":1704199895372,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573267026077628","authorIdStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189527296","repostId":"2142460248","repostType":4,"repost":{"id":"2142460248","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":1623276000,"share":"https://ttm.financial/m/news/2142460248?lang=en_US&edition=fundamental","pubTime":"2021-06-10 06:00","market":"us","language":"zh","title":"GameStation reported better-than-expected Q1 revenue and plans to issue up to 5 million common shares.","url":"https://stock-news.laohu8.com/highlight/detail?id=2142460248","media":"老虎资讯综合","summary":"智通财经APP获悉，周三，游戏驿站在美股收盘后公布了截至2021年5月1日的2021财年一财季财报。因计划增发及收到美国证券交易委员会的调查通知，该股在盘后交易中一度大跌超12%。财报显示，公司期内营收约为12.8亿美元，超过预期的11.59亿美元。净亏损约为6700万美元，预期为5000万美元。每股亏损1.01美元，市场预期亏损0.75美元，去年同期亏损2.57美元。期内公司拥有现金及现金等价物约6.95亿美元。公司同时递交了招股说明书，拟出售多达500万股普通股。","content":"<p>After the US stock market closed on Wednesday, June 9th, Eastern Time,<a href=\"https://laohu8.com/S/GME\">Game Station</a>The company released its financial results for the first fiscal quarter of 2021, ending May 1, 2021, after the US stock market closed. The stock plummeted by more than 12% in after-hours trading due to a planned share issuance and receiving an investigation notice from the U.S. Securities and Exchange Commission.<img src=\"https://static.tigerbbs.com/558c37d97804f78bbd47992ec5d3a71f\" tg-width=\"696\" tg-height=\"523\" referrerpolicy=\"no-referrer\">The financial report shows that the company's revenue for the period was approximately US$1.28 billion, exceeding the expected US$1.159 billion. The net loss was approximately $67 million, compared to an expected $50 million. The company reported a loss of $1.01 per share, compared to market expectations of a loss of $0.75 and a loss of $2.57 in the same period last year. During the period, the company had cash and cash equivalents of approximately US$695 million.<img src=\"https://static.tigerbbs.com/0810f497f515a7937093550c88971a3f\" tg-width=\"1050\" tg-height=\"658\" referrerpolicy=\"no-referrer\">The company also submitted a prospectus, intending to sell up to 5 million common shares. The prospectus states that there have been no significant changes in the company's financial condition or operating conditions that could explain price fluctuations or stock trading volume. Part of the reason for stock price volatility is commentary from securities analysts or other third parties, including comments on blogs, articles, message boards, and social and other media. The company plans to use the potential proceeds from the sale of shares for general corporate purposes, investing in growth plans, and strengthening its balance sheet.</p><p>In addition, the company also disclosed information that it had received an investigation by the U.S. Securities and Exchange Commission (SEC). The company stated, \"On May 26, 2021, we received a request from SEC staff requesting that we voluntarily provide documents and information regarding the SEC's investigation into our and other companies' securities trading activities. We are reviewing this request and preparing the requested documents, and intend to fully cooperate with SEC staff on this matter. We do not expect this investigation to have an adverse impact on us.\"</p><p>GameStation (GME.US) announced that it has appointed former Amazon (AMZN.US) executive Matt Furlong as its new CEO, and another former Amazon executive, Mike Recupero, as Chief Financial Officer (CFO).</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>GameStation reported better-than-expected Q1 revenue and plans to issue up to 5 million common shares.</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\">\nGameStation reported better-than-expected Q1 revenue and plans to issue up to 5 million common shares.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-10 06:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>After the US stock market closed on Wednesday, June 9th, Eastern Time,<a href=\"https://laohu8.com/S/GME\">Game Station</a>The company released its financial results for the first fiscal quarter of 2021, ending May 1, 2021, after the US stock market closed. The stock plummeted by more than 12% in after-hours trading due to a planned share issuance and receiving an investigation notice from the U.S. Securities and Exchange Commission.<img src=\"https://static.tigerbbs.com/558c37d97804f78bbd47992ec5d3a71f\" tg-width=\"696\" tg-height=\"523\" referrerpolicy=\"no-referrer\">The financial report shows that the company's revenue for the period was approximately US$1.28 billion, exceeding the expected US$1.159 billion. The net loss was approximately $67 million, compared to an expected $50 million. The company reported a loss of $1.01 per share, compared to market expectations of a loss of $0.75 and a loss of $2.57 in the same period last year. During the period, the company had cash and cash equivalents of approximately US$695 million.<img src=\"https://static.tigerbbs.com/0810f497f515a7937093550c88971a3f\" tg-width=\"1050\" tg-height=\"658\" referrerpolicy=\"no-referrer\">The company also submitted a prospectus, intending to sell up to 5 million common shares. The prospectus states that there have been no significant changes in the company's financial condition or operating conditions that could explain price fluctuations or stock trading volume. Part of the reason for stock price volatility is commentary from securities analysts or other third parties, including comments on blogs, articles, message boards, and social and other media. The company plans to use the potential proceeds from the sale of shares for general corporate purposes, investing in growth plans, and strengthening its balance sheet.</p><p>In addition, the company also disclosed information that it had received an investigation by the U.S. Securities and Exchange Commission (SEC). The company stated, \"On May 26, 2021, we received a request from SEC staff requesting that we voluntarily provide documents and information regarding the SEC's investigation into our and other companies' securities trading activities. We are reviewing this request and preparing the requested documents, and intend to fully cooperate with SEC staff on this matter. We do not expect this investigation to have an adverse impact on us.\"</p><p>GameStation (GME.US) announced that it has appointed former Amazon (AMZN.US) executive Matt Furlong as its new CEO, and another former Amazon executive, Mike Recupero, as Chief Financial Officer (CFO).</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bde7ae9d5c597eb01bbb4658f0573654","relate_stocks":{"GME":"游戏驿站"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142460248","content_text":"美东时间6月9日周三美股盘后，游戏驿站在美股收盘后公布了截至2021年5月1日的2021财年一财季财报。因计划增发及收到美国证券交易委员会的调查通知，该股在盘后交易中一度大跌超12%。财报显示，公司期内营收约为12.8亿美元，超过预期的11.59亿美元。净亏损约为6700万美元，预期为5000万美元。每股亏损1.01美元，市场预期亏损0.75美元，去年同期亏损2.57美元。期内公司拥有现金及现金等价物约6.95亿美元。公司同时递交了招股说明书，拟出售多达500万股普通股。招股书称，公司财务状况或经营状况没有发生任何可以解释价格波动或股票交易量的重大变化。导致股价不稳定的部分原因是证券分析师或其他第三方的评论，包括博客、文章、留言板和社会及其他媒体上的评论。公司计划将潜在股票销售收益用于一般企业用途、投资增长计划和加强其资产负债表。\n此外，公司还披露了收到美国证券交易委员会(SEC)调查的信息。该公司表示：“2021年5月26日，我们收到了SEC工作人员的请求，要求我们自愿提供有关SEC对我们和其他公司证券交易活动进行调查的文件和信息。我们正在审查这一请求并制作所要求的文件，打算就此事与SEC工作人员充分合作。预计这项调查不会对我们产生不利影响。”\n游戏驿站(GME.US)表示已任命前亚马逊(AMZN.US)高管Matt Furlong为其新首席执行官(CEO)，另一位前亚马逊高管Mike Recupero担任首席财务官(CFO)。","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":4493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112303485,"gmtCreate":1622849839247,"gmtModify":1704192261175,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573267026077628","authorIdStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112303485","repostId":"2140745244","repostType":4,"isVote":1,"tweetType":1,"viewCount":5364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110717336,"gmtCreate":1622504146425,"gmtModify":1704185116620,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573267026077628","authorIdStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110717336","repostId":"1120605727","repostType":4,"isVote":1,"tweetType":1,"viewCount":4580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110017656,"gmtCreate":1622416984975,"gmtModify":1704183890497,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573267026077628","authorIdStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110017656","repostId":"1173472838","repostType":4,"repost":{"id":"1173472838","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1622330867,"share":"https://ttm.financial/m/news/1173472838?lang=en_US&edition=fundamental","pubTime":"2021-05-30 07:27","market":"sh","language":"zh","title":"Live coverage of IFF 2021! Zhou Xiaochuan, the US Treasury Secretary, and others made significant","url":"https://stock-news.laohu8.com/highlight/detail?id=1173472838","media":"Wind万得","summary":"5月29日，国际金融论坛（IFF）2021春季会议在北京举行。此次会议的主题是“后疫情时代：全球治理与国际合作”。\n证监会副主席李超、银保监会梁涛、政协副主席周小川、联合国秘书长、IMF总裁、美国财长","content":"<p>On May 29, the International Finance Forum (IFF) 2021 Spring Meeting was held in Beijing. The theme of this conference is \"The Post-Pandemic Era: Global Governance and International Cooperation\".</p><p><b>Li Chao, Vice Chairman of the China Securities Regulatory Commission (CSRC), Liang Tao of the China Banking and Insurance Regulatory Commission (CBIRC), Zhou Xiaochuan, Vice Chairman of the Chinese People's Political Consultative Conference (CPPCC), the Secretary-General of the United Nations, the</b></p><p>Combating illegal activities, protecting investors, improving risk control, streamlining administration and delegating power, curbing the real estate bubble, commodity prices, vaccines, economic recovery, and green and low-carbon development became the focus of the conference.</p><p><b>Li Chao, Vice Chairman of the China Securities Regulatory Commission</b></p><p><b>1. Strictly, severely, and swiftly crack down on egregious illegal and irregular activities such as market manipulation under the guise of market capitalization management.</b></p><p>We will thoroughly implement the new Securities Law and the amendments to the Criminal Law, continuously improve the legal foundation of the capital market, and severely and swiftly crack down on egregious illegal and irregular activities such as fraudulent issuance, financial fraud, and market manipulation under the guise of market capitalization management, so that those who do bad things will pay a heavy price.</p><p><b>2. Implement the nine-character policy of \"establishing systems, non-interference, and zero tolerance\".</b></p><p>The China Securities Regulatory Commission (CSRC) will closely follow the requirements of the 14th Five-Year Plan for the capital market, further implement the nine-character policy of \"establishing systems, non-intervention, and zero tolerance,\" and promote the capital market to better leverage its roles in resource allocation, risk mitigation, policy transmission, and expectation management.<a href=\"https://laohu8.com/S/HUBG\">hub</a>Its functions, while achieving its own high-quality development, better serve the construction of a new development pattern.</p><p><b>Better protect the legitimate rights and interests of small and medium-sized investors</b></p><p>We will regularly conduct litigation work on behalf of investor insurance institutions to better protect the legitimate rights and interests of investors, especially small and medium-sized investors, and further create a sound market development ecosystem.</p><p>The China Securities Regulatory Commission (CSRC) will focus on the key project of the registration-based IPO system reform, adhere to the principle of seeking progress while maintaining stability, conduct pilot program summaries, evaluations, improvements, and optimizations, improve relevant supporting systems and rules, actively create conditions for the registration-based IPO system reform across the entire market, and, driven by the registration system, promote the issuance, listing, trading, delisting, information disclosure, promote the fulfillment of responsibilities by intermediaries, strengthen supervision and risk prevention, and continuously optimize a series of key systems such as investor protection.</p><p><b>4. Improve the regulatory and risk control system for commodity futures.</b></p><p>We will work with relevant parties to actively promote the improvement of the basic system of the bond market, steadily advance the pilot implementation of publicly offered REITs in the infrastructure sector, cooperate in promoting the promulgation of the Futures Law, improve the regulatory and risk control system for commodity futures, and actively contribute to stabilizing prices and ensuring supply.</p><p><b>5. Combine deregulation with regulation to promote streamlining administration and delegating power with greater efforts.</b></p><p>We will further deepen the reform of streamlining administration, delegating power, and improving services, with a focus on combining delegation with regulation, and promote streamlining administration and delegating power with greater efforts. On the one hand, we will continue to firmly adhere to the principle of \" Wherever market mechanisms can play an effective role, we will resolutely delegate power to the market, reduce unnecessary regulations, continuously improve regulatory transparency and predictability, and further stimulate market vitality.</p><p>On the other hand, we must continue to focus on \"management\". Those that need to be regulated must be resolutely and effectively managed, adhering to scientific, classified, professional, and continuous supervision. We must further improve the institutional arrangements for strengthening in-process and post-process supervision, and ensure that various risks are clearly visible, explained, and safeguarded. We must continuously improve the technological and intelligent level of supervision and enhance its effectiveness.</p><p><b>Liang Tao, China Banking and Insurance Regulatory Commission</b></p><p><b>1. Global monetary policy divergence may cause asset bubbles to burst.</b></p><p>Global monetary policies are diverging and accelerating under a loose tone. The extent of policy easing in developed Western economies is unprecedented, decision-making independence has declined significantly, and means and tools have crossed traditional bottom lines. This not only leads to fiscal sustainability risks but also generates huge spillover effects, pushing up global debt levels and raising financial market bubbles and inflation expectations. While developed economies are adhering to low interest rate policies, some emerging economies have also recently declared rate hike, which may cause a repricing of global financial assets and even the bursting of asset bubbles.</p><p><b>2. Prevent large-scale inflows and outflows of hot money from disrupting emerging markets.</b></p><p>Risks know no borders. We should further strengthen multilateral and bilateral regulatory cooperation, jointly enhance risk monitoring efforts, improve risk monitoring methods, improve cross-border capital management policy tools, and strengthen the monitoring system for cross-border capital flows to prevent large-scale inflows and outflows of hot money from disrupting emerging markets.</p><p><b>3. Strengthen cooperation in financial supervision and jointly prevent financial risks.</b></p><p>In preventing financial crises and managing the spillover effects of international financial risks, we will strengthen international regulatory cooperation to promote global economic recovery and financial security and stability.</p><p><b>4. The trend of a real estate financial bubble has been curbed.</b></p><p>Financial leverage ratios have decreased significantly, the blind expansion of financial assets has been fundamentally reversed, the identification and disposal of non-performing assets in the banking industry have been greatly advanced, shadow banking has been dismantled in an orderly manner, financial illegal and criminal activities have been severely punished, the risks inherent in the illegal economy have been gradually resolved, the response to external risk shocks has been effective, the trend of real estate financial bubbles has been curbed, and local government debt risks have been basically controlled.</p><p><b>5. Rising prices of some international commodities require close attention.</b></p><p>Frequent fluctuations in international financial markets have led to increased volatility and vulnerability in financial markets as market inflation expectations and monetary policy shifts in developed countries have risen due to the recovery of the real economy. The rapid rise in US Treasury yields since February, along with the recent sharp increase in the prices of some international commodities, require close attention from all parties.</p><p><b>// Zhou Xiaochuan, Vice Chairman of the CPPCC</b></p><p><b>1. China was the G20 country with the largest amount of debt relief last year.</b></p><p>China has fully implemented its low-interest-rate initiative, providing debt relief totaling more than US$1.3 billion, making it the G20 country with the largest amount of debt relief. It is hoped that the IMF can further study the function of granting SDRs more functions as international reserve currencies, so that member countries can use and intervene in SDRs more flexibly to meet liquidity and public spending needs.</p><p><b>2. Unequal global vaccine distribution leads to a widening immunization gap</b></p><p>The current pandemic is still spreading repeatedly around the world. Mutant viruses have increased the complexity of pandemic prevention and control, and the unfair distribution of vaccines globally has led to a widening immunity gap. In the post-pandemic era, we should strengthen cooperation in vaccine research and development, production, and distribution, accelerate the implementation of vaccine implementation plans, provide more vaccines to developing countries in need, and improve the availability and affordability of vaccines.</p><p>At the same time, more and more countries recognize that addressing climate change is not only about sharing responsibility, but also about sharing opportunities for the development of green technologies and green industries, and need to promote the construction of a global mechanism for achieving carbon neutrality and governance. In addition, the pandemic has accelerated the digital transformation of the global economy, and the transformation of the digital economy also requires strengthening global co-governance and bridging the digital divide.</p><p><b>3. China will continue to serve as the world's factory and market.</b></p><p>Starting this year, China began implementing its 14th Five-Year Plan for Social and Economic Development, embarking on a new journey of building a modern socialist country in all respects and entering a new stage of development. China is accelerating the construction of a new development pattern with the domestic cycle as the mainstay and the domestic and international dual cycles promoting each other.</p><p>China will continue to serve as the world's factory and the world's market, expanding its opening-up while expanding domestic demand, focusing on promoting the opening-up of rules, regulations, management, standards and other systems, continuously creating a market-oriented, rule-of-law-based and international business environment, participating more actively in bilateral and multilateral regional cooperation, and promoting the joint construction of the \"Belt and Road\" with high quality.</p><p><b>Promote infrastructure connectivity</b></p><p>We will promote the implementation of the G20 principles of high-quality infrastructure investment, strengthen the effective connection and alignment between China's Belt and Road Initiative and regional and global connectivity initiatives such as the ASEAN Connectivity Master Plan 2025, the construction of the Eurasian Economic Union, and the EU's connection with Eurasia, adhere to the principles of consultation, joint construction, and shared benefits, make up for infrastructure gaps, enhance growth potential, and promote post-pandemic economic recovery and development.</p><p>At the same time, governments and multilateral development agencies should further improve the design of institutional development, establish incentive mechanisms, and attract more private sector funds to invest in sustainable infrastructure.</p><p><b>5. Strengthen coordination between RCEP and CPTPP agreements</b></p><p>China actively participates in WTO reform and unswervingly supports the multilateral trading system with the WTO at its core. At the same time, initiatives such as RCEP also help promote global trade and investment liberalization and facilitation, and drive the recovery of global trade and the reshaping of trade rules.</p><p>We hope to see RCEP signatories expedite their domestic review processes, advance negotiations on the trilateral free trade agreement between China, Japan, and South Korea, strengthen coordination between RCEP and the CPTPP agreement, and promote the establishment of an Asia-Pacific free trade agreement with a higher level of market openness and broader coverage.</p><p><b>// Li Dongrong, former vice governor of the People's Bank of China //</b></p><p><b>We will strive to establish international principles and guidelines for green finance.</b></p><p>It is recommended to focus on developing international principles and guidelines for green finance. We could consider drawing on the experiences and practices of the G20 High-Level Principles for Digital Inclusive Finance and the Paris Fintech Agenda of the International Monetary Fund and the World Bank, continuously summarizing and refining typical experiences and good practices in the field of green finance in various countries, and forming a set of guiding and applicable international principles and guidelines for green finance at the international organization level.</p><p><b>// Liu Jin, President of Bank of China //</b></p><p><b>Financing for exiting coal enterprises should be synchronized with the transformation of finance.</b></p><p>The announcement of China's carbon peaking and carbon neutrality goals reflects China's responsibility as the world's largest developing country, and will also inevitably trigger broad and profound systemic changes in the economy and society, bringing huge financial demand.</p><p>We must innovate sustainable financial credit products, promote the securitization of green credit assets, and innovate methods such as expected return collateral and equity pledge to carry out green equity collateral loan businesses such as pollution discharge rights, carbon emission rights, and energy use rights, so as to provide professional sub-services for various participating entities. At the same time, we will explore the development of transformation loans to support the credit products and services needed for the green and low-carbon transformation of industries such as energy and industry.</p><p>Liu Jin stated that many experts would say that financing for coal companies should be withdrawn as soon as possible, but I suggest that this withdrawal should be carried out in conjunction with the transformation of finance. Otherwise, if the withdrawal is too fast, both coal companies and our lending banks will suffer losses.</p><p><b>//UN Secretary-General António Guterres//</b></p><p><b>1. The G20 should extend the debt moratorium until 2022.</b></p><p>More support must be provided to developing countries on the brink of debt crisis. I have called on the G20 to further extend the debt moratorium until 2022 to help all countries, including middle-income countries, which must strengthen their international debt structure in addition to debt relief.</p><p><b>2. Progress has been made in the fight against the pandemic, but we still face a decade of lost development.</b></p><p>Over the past year, the pandemic has not only disrupted people's lives, but also affected the 2030 Sustainable Development Goals and global efforts to control temperatures. To reverse this trend, a more coordinated global and multilateral response is needed on many fronts.</p><p>The vaccine gap must be urgently filled, and there must be unity to produce and distribute all vaccines for all, especially for those underdeveloped countries. Global vaccine equity mechanisms can help achieve this goal.</p><p><b>3. Fossil fuel subsidies should be shifted to renewable energy subsidies.</b></p><p>We must intensify our construction efforts to enable the economy to recover from the pandemic, overcome the climate crisis, and achieve the goal of zero emissions. We must act now and ensure that the commitment to zero emissions has a reliable timeframe. This means shifting from subsidies for fossil fuels to subsidies for renewable energy, ending subsidies to the coal mining industry both domestically and internationally, and gradually phasing out the use of coal.</p><p><b>4. The global economy is indeed recovering.</b></p><p>South Korea has just announced that it will end new direct government support for international coal-fired power projects by the end of this year and hopes to see a similar commitment from the G7 climate ministers and other ministers.</p><p>Donor development finance institutions and multilateral development banks are urged to align their portfolios with the Paris Agreement, ensure that at least 50% of climate finance is used for adaptation and resilience, and support short-term actions in developing countries to finance their transition to renewable energy and climate-resilient development.</p><p><b>IMF Managing Director Kristalina Georgieva</b></p><p><b>1. China's average contribution to global economic growth will exceed one-quarter over the next five years.</b></p><p>The IMF raised its growth forecast for China this year to 8.4%, thanks to stronger net exports. “We also expect China to contribute more than a quarter of global economic growth on average between now and 2026.”</p><p>The IMF raised its global growth forecasts for 2021 and 2022 to 6% and 4.4%, respectively, \"as people gradually adapt to new ways of working, vaccination coverage expands, and countries continue to provide policy support, the outlook for economic growth is improving. Unconventional policy measures have prevented a worse outcome for the global economy; without these measures, the global economy would have contracted three times as much last year as it actually did.\"</p><p><b>2. By the end of the year, the vaccinated population will reach 40%.</b></p><p>The global economy is indeed recovering at present, but the path and pace of recovery are showing a very dangerous divergence-a few developed and emerging market economies are recovering strongly, while poor countries are lagging behind, \"mainly because the latter have policy space and vaccine coverage. Limited.\"</p><p>By the end of this year, 40% of the population in all countries should be vaccinated, and at least 60% by mid-2022. To this end, countries need to develop a comprehensive plan, provide funding first, donate vaccines first, and increase investment to prevent economic downside risks.</p><p><b>3. China's efforts are commendable.</b></p><p>IMF staff estimate that the program will cost about $50 billion worldwide. The benefits it brings will be enormous. From now until 2025, faster vaccination will increase output by $9 trillion, which will be the highest return on public investment in modern history! Currently, the anti-epidemic policy is indeed the best economic policy. \"In this regard, China's efforts are commendable. While continuing to accelerate its own vaccination, it is also providing vaccines to other countries.\"</p><p><b>// U.S. Treasury Secretary Paulson //</b></p><p><b>1. The United States and China should promote healthy competition as much as possible while avoiding unnecessary confrontation.</b></p><p>While avoiding unnecessary confrontation, it is in the interests of both the United States and China to promote healthy competition as much as possible. The two countries can adopt a \"targeted reciprocity\" approach, focusing primarily on reciprocal rules, market access, and actions. It cannot be a mechanical \"conditioned reflex,\" but rather in a way that serves the interests of businesses and workers in both countries. \"In this way, Sino-US relations can both compete and coordinate, and cooperate when it is in their own interests.\"</p><p><b>2. Climate issues are one of the potential areas of cooperation between China and the United States.</b></p><p>Climate issues are one of the potential areas of cooperation between China and the United States. Both sides should promote the free flow of environmental products and services through methods such as eliminating tariff barriers, jointly develop clean technologies, and formulate methods and measures for pricing natural resources. \"Cooperation between the two countries on climate change is in the global interest.\"</p><p><b>// Jim Yong Kim, 12th President of the World Bank //</b></p><p><b>Investing in public health and epidemic prevention plays an important role in global financial stability.</b></p><p>It is essential to clearly demonstrate that investment in public health and epidemic prevention plays a crucial role in promoting global financial stability and strong economic growth. In my decades working in the global health field, I have never heard of<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Voices promoting public health investment remain silent, even now facing the worst pandemic in more than a century. I know some financial leaders who were relieved after getting vaccinated themselves, thinking the pandemic was over, at least for them.</p><p><b>// Chairman of the Rothschild Foundation //</b></p><p><b>Commodity inflation will spread globally.</b></p><p>Climate change is a major crisis facing everyone, and carbon neutrality must be achieved. It will affect regions and income distribution. China has also set very ambitious environmental goals for 2060 and is also reforming its transportation system. The world now needs to build a community with a shared future for mankind and evolve according to green and low-carbon development goals, and all countries should assume their individual responsibilities.</p><p>In response to the pandemic, countries have adopted loose monetary and fiscal policies, which has led to an increase in global commodity prices. After the pandemic, all these risks could lead to inflation, which in commodities will spread globally and affect all aspects of the market.</p><p><b>// IFF Co-Chair Herman Van Rompuy //</b></p><p><b>It is important to ensure that private and public debt is kept under control.</b></p><p>Countries have implemented expansionary monetary and budgetary policies to revive the economy and employment, and they have done a good job. However, we must ensure that private and public debt is kept under control. Fortunately, the financial industry is stronger today than it was a decade ago, but we still cannot exceed certain limits. Bubbles have already appeared in some markets, and we must ensure that new bubbles do not continue to emerge. Irrational expectations or undisguised speculation could lead to inflation in the present, thereby undermining financial stability, which is neither in the national nor global interest.</p><p><b>// UN Under-Secretary-General Almeida //</b></p><p><b>We must not forget the climate crisis.</b></p><p>The UN Economic and Social Council has consistently emphasized the need to rapidly address climate change and accelerate the green transition. Increase investment in low-carbon technologies. Improvements in renewable energy and energy efficiency will help meet emissions reduction goals and help us achieve the Sustainable Development Goals. Help member states reduce subsidies for fossil fuels. Governments in the Asia-Pacific region are encouraged to integrate their pandemic response policies with their clean energy development goals.</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>Live coverage of IFF 2021! Zhou Xiaochuan, the US Treasury Secretary, and others made significant</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\">\nLive coverage of IFF 2021! Zhou Xiaochuan, the US Treasury Secretary, and others made significant\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2021-05-30 07:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 29, the International Finance Forum (IFF) 2021 Spring Meeting was held in Beijing. The theme of this conference is \"The Post-Pandemic Era: Global Governance and International Cooperation\".</p><p><b>Li Chao, Vice Chairman of the China Securities Regulatory Commission (CSRC), Liang Tao of the China Banking and Insurance Regulatory Commission (CBIRC), Zhou Xiaochuan, Vice Chairman of the Chinese People's Political Consultative Conference (CPPCC), the Secretary-General of the United Nations, the</b></p><p>Combating illegal activities, protecting investors, improving risk control, streamlining administration and delegating power, curbing the real estate bubble, commodity prices, vaccines, economic recovery, and green and low-carbon development became the focus of the conference.</p><p><b>Li Chao, Vice Chairman of the China Securities Regulatory Commission</b></p><p><b>1. Strictly, severely, and swiftly crack down on egregious illegal and irregular activities such as market manipulation under the guise of market capitalization management.</b></p><p>We will thoroughly implement the new Securities Law and the amendments to the Criminal Law, continuously improve the legal foundation of the capital market, and severely and swiftly crack down on egregious illegal and irregular activities such as fraudulent issuance, financial fraud, and market manipulation under the guise of market capitalization management, so that those who do bad things will pay a heavy price.</p><p><b>2. Implement the nine-character policy of \"establishing systems, non-interference, and zero tolerance\".</b></p><p>The China Securities Regulatory Commission (CSRC) will closely follow the requirements of the 14th Five-Year Plan for the capital market, further implement the nine-character policy of \"establishing systems, non-intervention, and zero tolerance,\" and promote the capital market to better leverage its roles in resource allocation, risk mitigation, policy transmission, and expectation management.<a href=\"https://laohu8.com/S/HUBG\">hub</a>Its functions, while achieving its own high-quality development, better serve the construction of a new development pattern.</p><p><b>Better protect the legitimate rights and interests of small and medium-sized investors</b></p><p>We will regularly conduct litigation work on behalf of investor insurance institutions to better protect the legitimate rights and interests of investors, especially small and medium-sized investors, and further create a sound market development ecosystem.</p><p>The China Securities Regulatory Commission (CSRC) will focus on the key project of the registration-based IPO system reform, adhere to the principle of seeking progress while maintaining stability, conduct pilot program summaries, evaluations, improvements, and optimizations, improve relevant supporting systems and rules, actively create conditions for the registration-based IPO system reform across the entire market, and, driven by the registration system, promote the issuance, listing, trading, delisting, information disclosure, promote the fulfillment of responsibilities by intermediaries, strengthen supervision and risk prevention, and continuously optimize a series of key systems such as investor protection.</p><p><b>4. Improve the regulatory and risk control system for commodity futures.</b></p><p>We will work with relevant parties to actively promote the improvement of the basic system of the bond market, steadily advance the pilot implementation of publicly offered REITs in the infrastructure sector, cooperate in promoting the promulgation of the Futures Law, improve the regulatory and risk control system for commodity futures, and actively contribute to stabilizing prices and ensuring supply.</p><p><b>5. Combine deregulation with regulation to promote streamlining administration and delegating power with greater efforts.</b></p><p>We will further deepen the reform of streamlining administration, delegating power, and improving services, with a focus on combining delegation with regulation, and promote streamlining administration and delegating power with greater efforts. On the one hand, we will continue to firmly adhere to the principle of \" Wherever market mechanisms can play an effective role, we will resolutely delegate power to the market, reduce unnecessary regulations, continuously improve regulatory transparency and predictability, and further stimulate market vitality.</p><p>On the other hand, we must continue to focus on \"management\". Those that need to be regulated must be resolutely and effectively managed, adhering to scientific, classified, professional, and continuous supervision. We must further improve the institutional arrangements for strengthening in-process and post-process supervision, and ensure that various risks are clearly visible, explained, and safeguarded. We must continuously improve the technological and intelligent level of supervision and enhance its effectiveness.</p><p><b>Liang Tao, China Banking and Insurance Regulatory Commission</b></p><p><b>1. Global monetary policy divergence may cause asset bubbles to burst.</b></p><p>Global monetary policies are diverging and accelerating under a loose tone. The extent of policy easing in developed Western economies is unprecedented, decision-making independence has declined significantly, and means and tools have crossed traditional bottom lines. This not only leads to fiscal sustainability risks but also generates huge spillover effects, pushing up global debt levels and raising financial market bubbles and inflation expectations. While developed economies are adhering to low interest rate policies, some emerging economies have also recently declared rate hike, which may cause a repricing of global financial assets and even the bursting of asset bubbles.</p><p><b>2. Prevent large-scale inflows and outflows of hot money from disrupting emerging markets.</b></p><p>Risks know no borders. We should further strengthen multilateral and bilateral regulatory cooperation, jointly enhance risk monitoring efforts, improve risk monitoring methods, improve cross-border capital management policy tools, and strengthen the monitoring system for cross-border capital flows to prevent large-scale inflows and outflows of hot money from disrupting emerging markets.</p><p><b>3. Strengthen cooperation in financial supervision and jointly prevent financial risks.</b></p><p>In preventing financial crises and managing the spillover effects of international financial risks, we will strengthen international regulatory cooperation to promote global economic recovery and financial security and stability.</p><p><b>4. The trend of a real estate financial bubble has been curbed.</b></p><p>Financial leverage ratios have decreased significantly, the blind expansion of financial assets has been fundamentally reversed, the identification and disposal of non-performing assets in the banking industry have been greatly advanced, shadow banking has been dismantled in an orderly manner, financial illegal and criminal activities have been severely punished, the risks inherent in the illegal economy have been gradually resolved, the response to external risk shocks has been effective, the trend of real estate financial bubbles has been curbed, and local government debt risks have been basically controlled.</p><p><b>5. Rising prices of some international commodities require close attention.</b></p><p>Frequent fluctuations in international financial markets have led to increased volatility and vulnerability in financial markets as market inflation expectations and monetary policy shifts in developed countries have risen due to the recovery of the real economy. The rapid rise in US Treasury yields since February, along with the recent sharp increase in the prices of some international commodities, require close attention from all parties.</p><p><b>// Zhou Xiaochuan, Vice Chairman of the CPPCC</b></p><p><b>1. China was the G20 country with the largest amount of debt relief last year.</b></p><p>China has fully implemented its low-interest-rate initiative, providing debt relief totaling more than US$1.3 billion, making it the G20 country with the largest amount of debt relief. It is hoped that the IMF can further study the function of granting SDRs more functions as international reserve currencies, so that member countries can use and intervene in SDRs more flexibly to meet liquidity and public spending needs.</p><p><b>2. Unequal global vaccine distribution leads to a widening immunization gap</b></p><p>The current pandemic is still spreading repeatedly around the world. Mutant viruses have increased the complexity of pandemic prevention and control, and the unfair distribution of vaccines globally has led to a widening immunity gap. In the post-pandemic era, we should strengthen cooperation in vaccine research and development, production, and distribution, accelerate the implementation of vaccine implementation plans, provide more vaccines to developing countries in need, and improve the availability and affordability of vaccines.</p><p>At the same time, more and more countries recognize that addressing climate change is not only about sharing responsibility, but also about sharing opportunities for the development of green technologies and green industries, and need to promote the construction of a global mechanism for achieving carbon neutrality and governance. In addition, the pandemic has accelerated the digital transformation of the global economy, and the transformation of the digital economy also requires strengthening global co-governance and bridging the digital divide.</p><p><b>3. China will continue to serve as the world's factory and market.</b></p><p>Starting this year, China began implementing its 14th Five-Year Plan for Social and Economic Development, embarking on a new journey of building a modern socialist country in all respects and entering a new stage of development. China is accelerating the construction of a new development pattern with the domestic cycle as the mainstay and the domestic and international dual cycles promoting each other.</p><p>China will continue to serve as the world's factory and the world's market, expanding its opening-up while expanding domestic demand, focusing on promoting the opening-up of rules, regulations, management, standards and other systems, continuously creating a market-oriented, rule-of-law-based and international business environment, participating more actively in bilateral and multilateral regional cooperation, and promoting the joint construction of the \"Belt and Road\" with high quality.</p><p><b>Promote infrastructure connectivity</b></p><p>We will promote the implementation of the G20 principles of high-quality infrastructure investment, strengthen the effective connection and alignment between China's Belt and Road Initiative and regional and global connectivity initiatives such as the ASEAN Connectivity Master Plan 2025, the construction of the Eurasian Economic Union, and the EU's connection with Eurasia, adhere to the principles of consultation, joint construction, and shared benefits, make up for infrastructure gaps, enhance growth potential, and promote post-pandemic economic recovery and development.</p><p>At the same time, governments and multilateral development agencies should further improve the design of institutional development, establish incentive mechanisms, and attract more private sector funds to invest in sustainable infrastructure.</p><p><b>5. Strengthen coordination between RCEP and CPTPP agreements</b></p><p>China actively participates in WTO reform and unswervingly supports the multilateral trading system with the WTO at its core. At the same time, initiatives such as RCEP also help promote global trade and investment liberalization and facilitation, and drive the recovery of global trade and the reshaping of trade rules.</p><p>We hope to see RCEP signatories expedite their domestic review processes, advance negotiations on the trilateral free trade agreement between China, Japan, and South Korea, strengthen coordination between RCEP and the CPTPP agreement, and promote the establishment of an Asia-Pacific free trade agreement with a higher level of market openness and broader coverage.</p><p><b>// Li Dongrong, former vice governor of the People's Bank of China //</b></p><p><b>We will strive to establish international principles and guidelines for green finance.</b></p><p>It is recommended to focus on developing international principles and guidelines for green finance. We could consider drawing on the experiences and practices of the G20 High-Level Principles for Digital Inclusive Finance and the Paris Fintech Agenda of the International Monetary Fund and the World Bank, continuously summarizing and refining typical experiences and good practices in the field of green finance in various countries, and forming a set of guiding and applicable international principles and guidelines for green finance at the international organization level.</p><p><b>// Liu Jin, President of Bank of China //</b></p><p><b>Financing for exiting coal enterprises should be synchronized with the transformation of finance.</b></p><p>The announcement of China's carbon peaking and carbon neutrality goals reflects China's responsibility as the world's largest developing country, and will also inevitably trigger broad and profound systemic changes in the economy and society, bringing huge financial demand.</p><p>We must innovate sustainable financial credit products, promote the securitization of green credit assets, and innovate methods such as expected return collateral and equity pledge to carry out green equity collateral loan businesses such as pollution discharge rights, carbon emission rights, and energy use rights, so as to provide professional sub-services for various participating entities. At the same time, we will explore the development of transformation loans to support the credit products and services needed for the green and low-carbon transformation of industries such as energy and industry.</p><p>Liu Jin stated that many experts would say that financing for coal companies should be withdrawn as soon as possible, but I suggest that this withdrawal should be carried out in conjunction with the transformation of finance. Otherwise, if the withdrawal is too fast, both coal companies and our lending banks will suffer losses.</p><p><b>//UN Secretary-General António Guterres//</b></p><p><b>1. The G20 should extend the debt moratorium until 2022.</b></p><p>More support must be provided to developing countries on the brink of debt crisis. I have called on the G20 to further extend the debt moratorium until 2022 to help all countries, including middle-income countries, which must strengthen their international debt structure in addition to debt relief.</p><p><b>2. Progress has been made in the fight against the pandemic, but we still face a decade of lost development.</b></p><p>Over the past year, the pandemic has not only disrupted people's lives, but also affected the 2030 Sustainable Development Goals and global efforts to control temperatures. To reverse this trend, a more coordinated global and multilateral response is needed on many fronts.</p><p>The vaccine gap must be urgently filled, and there must be unity to produce and distribute all vaccines for all, especially for those underdeveloped countries. Global vaccine equity mechanisms can help achieve this goal.</p><p><b>3. Fossil fuel subsidies should be shifted to renewable energy subsidies.</b></p><p>We must intensify our construction efforts to enable the economy to recover from the pandemic, overcome the climate crisis, and achieve the goal of zero emissions. We must act now and ensure that the commitment to zero emissions has a reliable timeframe. This means shifting from subsidies for fossil fuels to subsidies for renewable energy, ending subsidies to the coal mining industry both domestically and internationally, and gradually phasing out the use of coal.</p><p><b>4. The global economy is indeed recovering.</b></p><p>South Korea has just announced that it will end new direct government support for international coal-fired power projects by the end of this year and hopes to see a similar commitment from the G7 climate ministers and other ministers.</p><p>Donor development finance institutions and multilateral development banks are urged to align their portfolios with the Paris Agreement, ensure that at least 50% of climate finance is used for adaptation and resilience, and support short-term actions in developing countries to finance their transition to renewable energy and climate-resilient development.</p><p><b>IMF Managing Director Kristalina Georgieva</b></p><p><b>1. China's average contribution to global economic growth will exceed one-quarter over the next five years.</b></p><p>The IMF raised its growth forecast for China this year to 8.4%, thanks to stronger net exports. “We also expect China to contribute more than a quarter of global economic growth on average between now and 2026.”</p><p>The IMF raised its global growth forecasts for 2021 and 2022 to 6% and 4.4%, respectively, \"as people gradually adapt to new ways of working, vaccination coverage expands, and countries continue to provide policy support, the outlook for economic growth is improving. Unconventional policy measures have prevented a worse outcome for the global economy; without these measures, the global economy would have contracted three times as much last year as it actually did.\"</p><p><b>2. By the end of the year, the vaccinated population will reach 40%.</b></p><p>The global economy is indeed recovering at present, but the path and pace of recovery are showing a very dangerous divergence-a few developed and emerging market economies are recovering strongly, while poor countries are lagging behind, \"mainly because the latter have policy space and vaccine coverage. Limited.\"</p><p>By the end of this year, 40% of the population in all countries should be vaccinated, and at least 60% by mid-2022. To this end, countries need to develop a comprehensive plan, provide funding first, donate vaccines first, and increase investment to prevent economic downside risks.</p><p><b>3. China's efforts are commendable.</b></p><p>IMF staff estimate that the program will cost about $50 billion worldwide. The benefits it brings will be enormous. From now until 2025, faster vaccination will increase output by $9 trillion, which will be the highest return on public investment in modern history! Currently, the anti-epidemic policy is indeed the best economic policy. \"In this regard, China's efforts are commendable. While continuing to accelerate its own vaccination, it is also providing vaccines to other countries.\"</p><p><b>// U.S. Treasury Secretary Paulson //</b></p><p><b>1. The United States and China should promote healthy competition as much as possible while avoiding unnecessary confrontation.</b></p><p>While avoiding unnecessary confrontation, it is in the interests of both the United States and China to promote healthy competition as much as possible. The two countries can adopt a \"targeted reciprocity\" approach, focusing primarily on reciprocal rules, market access, and actions. It cannot be a mechanical \"conditioned reflex,\" but rather in a way that serves the interests of businesses and workers in both countries. \"In this way, Sino-US relations can both compete and coordinate, and cooperate when it is in their own interests.\"</p><p><b>2. Climate issues are one of the potential areas of cooperation between China and the United States.</b></p><p>Climate issues are one of the potential areas of cooperation between China and the United States. Both sides should promote the free flow of environmental products and services through methods such as eliminating tariff barriers, jointly develop clean technologies, and formulate methods and measures for pricing natural resources. \"Cooperation between the two countries on climate change is in the global interest.\"</p><p><b>// Jim Yong Kim, 12th President of the World Bank //</b></p><p><b>Investing in public health and epidemic prevention plays an important role in global financial stability.</b></p><p>It is essential to clearly demonstrate that investment in public health and epidemic prevention plays a crucial role in promoting global financial stability and strong economic growth. In my decades working in the global health field, I have never heard of<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Voices promoting public health investment remain silent, even now facing the worst pandemic in more than a century. I know some financial leaders who were relieved after getting vaccinated themselves, thinking the pandemic was over, at least for them.</p><p><b>// Chairman of the Rothschild Foundation //</b></p><p><b>Commodity inflation will spread globally.</b></p><p>Climate change is a major crisis facing everyone, and carbon neutrality must be achieved. It will affect regions and income distribution. China has also set very ambitious environmental goals for 2060 and is also reforming its transportation system. The world now needs to build a community with a shared future for mankind and evolve according to green and low-carbon development goals, and all countries should assume their individual responsibilities.</p><p>In response to the pandemic, countries have adopted loose monetary and fiscal policies, which has led to an increase in global commodity prices. After the pandemic, all these risks could lead to inflation, which in commodities will spread globally and affect all aspects of the market.</p><p><b>// IFF Co-Chair Herman Van Rompuy //</b></p><p><b>It is important to ensure that private and public debt is kept under control.</b></p><p>Countries have implemented expansionary monetary and budgetary policies to revive the economy and employment, and they have done a good job. However, we must ensure that private and public debt is kept under control. Fortunately, the financial industry is stronger today than it was a decade ago, but we still cannot exceed certain limits. Bubbles have already appeared in some markets, and we must ensure that new bubbles do not continue to emerge. Irrational expectations or undisguised speculation could lead to inflation in the present, thereby undermining financial stability, which is neither in the national nor global interest.</p><p><b>// UN Under-Secretary-General Almeida //</b></p><p><b>We must not forget the climate crisis.</b></p><p>The UN Economic and Social Council has consistently emphasized the need to rapidly address climate change and accelerate the green transition. Increase investment in low-carbon technologies. Improvements in renewable energy and energy efficiency will help meet emissions reduction goals and help us achieve the Sustainable Development Goals. Help member states reduce subsidies for fossil fuels. Governments in the Asia-Pacific region are encouraged to integrate their pandemic response policies with their clean energy development goals.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/18f26a21557b2b9fbf841d276ecb7796","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173472838","content_text":"5月29日，国际金融论坛（IFF）2021春季会议在北京举行。此次会议的主题是“后疫情时代：全球治理与国际合作”。\n证监会副主席李超、银保监会梁涛、政协副主席周小川、联合国秘书长、IMF总裁、美国财长等人在国际金融论坛发表重磅讲话。\n打击违法、保护投资者、完善风控、简政放权、遏制地产泡沫、大宗商品价格、疫苗、经济复苏、绿色低碳成为大会关注的焦点。\n//  证监会副主席李超  //\n1、从严从重从快打击以市值管理之名行市场操纵之实等恶性违法违规行为\n将深入贯彻新证券法和刑法修正案，持续完善资本市场法治基础，从严从重从快打击欺诈发行、财务造假以及以市值管理之名行市场操纵之实等恶性违法违规行为，让做坏事之人付出沉痛代价。\n2、落实“建制度、不干预、零容忍”九字方针\n证监会将紧紧围绕“十四五”规划对资本市场的部署要求，进一步落实“建制度、不干预、零容忍”九字方针，促进资本市场更好发挥资源配置、风险缓释、政策传导、预期管理等方面的枢纽功能，在实现自身高质量发展的同时，更好服务构建新发展格局。\n3、更好保护中小投资者合法权益\n常态开展投保机构代表人诉讼工作，更好保护投资者特别是中小投资者合法权益，进一步营造良好的市场发展生态。\n证监会将紧扣注册制改革这个牛鼻子工程，坚持稳中求进，做好试点总结评估和改进优化，完善相关配套制度规则，为全市场注册制改革积极创造条件，并以注册制为牵引，推进发行、上市、交易、退市、信息披露以及促进中介机构归位尽责，强化监管和风险防范，加强投资者保护等一系列关键制度持续优化。\n4、完善大宗商品期货监管和风控制度\n会同有关方面积极推动完善债券市场基础制度，稳步推进基础设施领域公募REITs试点落地，配合推动期货法出台，完善大宗商品期货监管和风控制度，为稳价保供积极贡献力量。\n5、放管结合，以更大力度推进简政放权\n将进一步深化“放管服”改革，重点突出放管结合，以更大力度推进简政放权。一方面，继续坚定“放”。凡是市场机制能有效发挥作用的领域，坚决放权于市场，减少不必要的管制，不断提升监管透明和可预期性，进一步激发市场活力。\n另一方面，持续抓好“管”。该监管的定要坚决管住管好，坚持科学监管、分类监管、专业监管、持续监管，进一步完善加强事中事后监管的制度安排，对各类风险做到看得明、说得清、守得住。要不断提升监管的科技化、智能化水平，增强监管的有效性。\n//  银保监会梁涛  //\n1、全球货币政策分化或造成资产泡沫破灭\n全球货币政策在宽松的基调下分化加速，西方发达经济体政策宽松幅度前所未有，决策独立性明显下降，手段工具突破传统底线，不但导致财政可持续风险，而且产生巨大外溢效应，推高全球债务规模，推升金融市场泡沫和通胀预期。在发达经济体坚持低利率政策同时，近期一些新兴经济体也立即宣布加息，可能引起全球金融资产重新定价，甚至造成资产泡沫的破灭。\n2、防范热钱大进大出，对新兴市场带来扰动\n风险无国界，应进一步加强多双边监管合作，共同加强风险监测力度，提升风险监测手段，完善跨境资本管理政策工具，健全跨境资本流动的监测体系，防范热钱大进大出，对新兴市场带来扰动。\n3、加强金融监管合作，共同防范金融风险\n在防范金融危机，管控国际金融风险溢出效应方面，加强国际监管合作，促进全球经济恢复和金融安全稳定。\n4、房地产金融泡沫化势头得到遏制\n金融杠杆率明显下降，金融资产盲目扩张得到了根本扭转，银行业不良资产的认定和处置大步推进，影子银行得到有序的拆解，金融违法犯罪行为受到了严厉惩处，不法经济隐含的风险逐步化解，外部风险冲击应对有效，房地产金融泡沫化势头得到遏制，地方政府的债务风险基本控制。\n5、部分国际大宗商品价格上涨需高度关注\n国际金融市场的波动频繁，伴随实体经济复苏市场通胀预期和发达国家的货币政策转向预期升温，金融市场波动加大，脆弱性有所上升。2月份以来美债收益率快速上升，近期部分国际大宗商品价格大幅度上涨等等，需要引起各方面高度关注。\n//  政协副主席周小川  //\n1、中国是G20国家中去年落实缓债金额最大的国家\n中国全面落实低息倡议，提供了总额超过13亿美元的缓债，是G20国家中落实缓债金额中最大的国家。希望IMF能进一步研究赋予SDR更多的国际储备货币的功能，使成员国更灵活地使用和介入SDR，用来应对流动性和公共支出的需要。\n2、全球疫苗分配不公导致免疫鸿沟扩大\n当前疫情仍在全球蔓延反复，变异病毒加大疫情防控复杂性，全球疫苗分配不公导致免疫鸿沟扩大，后疫情时代应加强疫苗研发、生产、分配的合作，加速推进疫苗实施计划，向有需要的发展中国家提供更多疫苗，提高疫苗的可得性和可负担行。\n同时越来越多的国家认识到应对气候变化不仅是分担责任，更是分享绿色技术和绿色产业发展的机会，需要推进构建全球实现碳中和和治理机制。此外，疫情推动全球经济加速向数字化转型，数字经济转型也需要加强全球共治，弥补数字鸿沟。\n3、中国将继续当好世界工厂和世界市场\n今年起中国开始实施社会经济发展第十四个五年计划，开启全面建设社会主义现代化国家的新征程，进入新发展阶段，中国正在加快构建以国内大循环为主体、国内国际双循环相促进的新发展格局。\n中国将继续当好世界工厂和世界市场，在扩大内需的同时继续扩大开放，着力推动规则、规制、管理、标准等制度的开放，持续营造市场化、法治化、国际化的营商环境，更加积极参与双边、多边区域合作，高质量推进共建“一带一路”。\n4、推动基础设施连通\n推进落实G20高质量基础设施投资原则，加强中国“一带一路”倡议与东盟互联互通总体规划2025、欧亚经济联盟建设、欧盟连接欧亚等区域性全球性互联互通倡议的有力衔接，并对接，坚持共商、共建、共享，弥补基础设施缺口，提高增长潜力，推动疫情后经济恢复与发展。\n同时各国政府、多边开发机构应进一步改进制度建设的设计，建立激励机制，吸引更多的私人部门基金投入可持续的基础设施。\n5、加强RCEP与CPTPP协定的协同\n中国积极参与世贸组织改革，毫不动摇地支持以世贸组织为核心的多边贸易体制。与此同时，如RCEP等也有助于促进全球贸易投资自由化、便利化，推动全球贸易复苏、贸易规则的重塑。\n我们希望看到RCEP签约国加快国内审核的程序，中日韩三国自贸协定谈判向前推进，同时，加强RCEP与CPTPP协定的协同，推动建成市场开放水平更高、覆盖面更广的亚太自由贸易协定”。\n//  央行原副行长李东荣  //\n着力形成绿色金融国际原则指引。\n建议着力形成绿色金融国际原则指引，可以考虑借鉴G20数字普惠金融高级原则以及国际货币基金组织和世界银行巴黎金融科技议程等经验做法，不断总结提炼各国绿色金融领域的典型经验和良好实践，在国际组织层面形成一套具有指导性和适用性的绿色金融国际原则指引。\n//  中行行长刘金  //\n退出煤炭企业融资要和转型金融同步。\n中国碳达峰和碳中和目标的宣布，体现了中国作为全球最大发展中国家的责任担当，同时也必将引起经济社会广泛而深刻的系统性变革，带来巨大的金融需求。\n要创新可持续金融信贷产品，推进绿色信贷资产证券化，创新预期收益抵押，股权质押等方式开展排污权、碳排放权、用能权等绿色权益抵押质押贷款业务，为各类参与主体提供专业化的子服务。同时探索发展转型贷款，支持能源和工业等行业绿色低碳转型所需要的信贷产品和服务。\n刘金表示，很多专家都会说要尽快退出煤炭企业的融资，但是我建议，这个退出也要和转型金融同步进行，否则退的太快，煤炭企业和我们贷款银行都会蒙受损失。\n//  联合国秘书长古特雷斯  //\n1、20国集团应将暂停偿债延长到2022年\n必须为那些处于债务危机边缘的发展中国家提供更多的支持。我已经呼吁了20国集团将暂停偿债进一步延长到2022年，以帮助那些中等收入国家在内的所有的国家除了债务减免之外必须加强国际债务结构。\n2、抗击疫情取得进展，但我们仍面临失去发展的十年\n一年多来疫情不仅颠覆了人们的生活，还影响了2030年可持续发展目标、全球控温的努力。要扭转这一趋势，需要在多个方面采取更加协调一致的全球和多边对策。\n必须紧急填补疫苗的缺口，必须团结起来为所有人生产和分配所有的疫苗，特别是为那些落后的国家提供疫苗。全球疫苗公平机制可以帮助实现这一目标。\n3、化石燃料补贴要转向可再生能源补贴\n必须加大建设的力度，使经济能够从疫情中恢复过来，使人们克服气候危机，实现零排放的目标，必须现在采取行动，必须保证零排放的承诺有可靠的时间点。这意味着从化石燃料的补贴转化向可再生能源的补贴，意味着在国内和国外均停止资助煤矿产业并逐步淘汰煤炭的使用。\n4、当前全球经济的确在复苏\n韩国刚刚宣布在今年年底之前停止政府对国际燃煤发电项目提供新的直接支持，希望看到七国集团的气候部长和其它部长做出类似的承诺。\n要捐赠者发展融资机构和多边开发银行，使其投资组合与巴黎协定保持一致，确保至少50%的气候融资用于适应和复原，并且支持发展中国家的短期行动，资助其向可再生能源和气候适应性发展的过渡。\n//  IMF总裁克里斯塔利娜·格奥尔基耶娃  //\n1、未来5年中国对全球经济增长的平均贡献率将超过四分之一\nIMF将中国今年的增长预测上调到了8.4%，这得益于净出口的增强。“我们还预计，从现在到2026年，中国对全球经济增长的平均贡献率将超过四分之一。”\nIMF将2021和2022年的全球增长预测上调至6%和4.4%，“因为人们逐渐适应了新的工作方式，疫苗接种的范围也不断扩大，并且各国仍在继续提供政策支持，经济增长的前景正在改善。超常规的政策措施使得全球经济避免了更糟糕的结果，如果没有这些措施，去年全球经济萎缩的程度将会是实际状况的3倍。”\n2、年底接种疫苗人口达到40%\n当前全球经济的确在复苏，但复苏的路径和步伐正呈现出非常危险的分化——少数发达和新兴市场经济体的复苏势头强劲，而贫穷国家则落在后面，“主要是因为后者在政策空间和疫苗普及程度方面是有限的。”\n到今年年底，所有国家接种疫苗的人口应达到40%，到2022年年中至少达到60%。为此，各国需要制定一项全面的计划，先行提供资金，先行捐赠疫苗，以及增加投资以防范经济下行风险。\n3、中国付出的努力值得称赞\nIMF工作人员估计，这项计划在全球范围内的成本约为500亿美元。而它带来的好处将是巨大的，从现在到2025年，更快的疫苗接种将会使得产出增加9万亿美元，这将是现代历史上最高的公共投资回报！目前，抗疫政策确实是最好的经济政策，“在这方面，中国付出的努力值得称赞，在继续加快本国疫苗接种的同时，也向其他国家提供疫苗”。\n//  美国财政部长保尔森  //\n1、美中两国在避免不必要对抗的情况下，应尽可能推动良性竞争\n在避免不必要对抗的情况下，应尽可能推动良性竞争，这符合美中两国的利益。两国可采用“定向互惠”的方式，主要关注互惠的规则、市场准入和行动。不能机械式地“条件反射”，而是以一种符合两国企业和工人利益的方式。“这样一来，中美关系既可以竞争，也可以协调，在符合自身利益的时候还可以合作。”\n2、“气候问题”是中美两国潜在合作领域之一\n“气候问题”是中美两国潜在合作领域之一，双方应通过消除关税壁垒等方法来促进环境产品和服务的自由流通，共同开发清洁技术，并制定自然资源定价的方法和措施，“两国在气候变化方面的合作符合世界利益”。\n//  第12任世界银行行长金墉  //\n投资公共卫生防疫对全球金融稳定有重要作用。\n要清楚明确地表明投资公共卫生防疫领域对促进全球金融稳定和经济强劲增长起着至关重要的作用。在我从事全球卫生领域工作的数十年中，没有听到金融界促进公共卫生投资的声音，即使是现在面临着一百多年来最严重的大流行病，这种沉默依然存在。我深知一些金融领域的领导人在自己接种了疫苗后如释重负，认为大流行病已经结束了，至少对他们来说是这样的。\n//  罗斯柴尔德基金会主席  //\n大宗商品通胀会在全球蔓延。\n气候变化是所有人面临的重大危机，必须要达到碳中和，它将影响到地区以及收入的分配。中国也做出了2060年的关于在环境方面的非常雄伟的目标，而且也要对自己的交通体系进行改革。现在世界需要建立一个人类命运共同体，并且根据绿色和低碳的发展目标来进行演进，所有的国家都应该承担起自己个人的责任。\n应对疫情各国采取了宽松的货币政策和财政政策，这使得世界的大宗商品的价格也在增长。疫情之后，所有的这些风险都有可能带来通胀，大宗商品的通胀会在全球蔓延，而且会影响到市场的方方面面。\n//  IFF联合主席范龙佩  //\n必须确保将私人和公共债务维持在可控范围内。\n各国实施了扩张性货币和预算政策，以重振经济和就业，这些工作都做得很好。然而，我们必须确保将私人和公共债务维持在可控范围内。幸运的是，今天的金融行业比十年前要更加强大，但是我们仍然不能超过某些限度。部分市场上已经出现了泡沫，我们必须确保不会继续产生新的泡沫。非理性的预期行为或者是不加掩饰的投机行为，在当下会导致通货膨胀，进而破坏金融稳定，这不符合国家的利益，也不符合全球的利益。\n//  联合国副秘书长阿尔米达  //\n不能忘记了气候危机。\n联合国经社理事会一直在强调有必要快速地应对气候变化，要加速绿色转型。加大投资低碳技术。说可再生能源和能效的提高，这将会帮助满足减少排放的目标，并且帮助我们实现可持续发展目标。帮助成员国减少对化石燃料的补贴。鼓励亚太地区的政府将他们应对疫情的政策和清洁能源发展的目标进行整合。","news_type":1,"symbols_score_info":{"PSAC":0.9}},"isVote":1,"tweetType":1,"viewCount":4564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137144051,"gmtCreate":1622333116873,"gmtModify":1704183021789,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573267026077628","authorIdStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137144051","repostId":"1153982941","repostType":4,"isVote":1,"tweetType":1,"viewCount":5342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105012178,"gmtCreate":1620259208194,"gmtModify":1704340836090,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573267026077628","authorIdStr":"3573267026077628"},"themes":[],"title":"","htmlText":"Sell in May&nbsp;","listText":"Sell in May&nbsp;","text":"Sell in May","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105012178","repostId":"2133152381","repostType":4,"isVote":1,"tweetType":1,"viewCount":1830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":188597581,"gmtCreate":1623453997443,"gmtModify":1704203933199,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188597581","repostId":"1185815929","repostType":4,"repost":{"id":"1185815929","kind":"news","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1623381455,"share":"https://ttm.financial/m/news/1185815929?lang=en_US&edition=fundamental","pubTime":"2021-06-11 11:17","market":"us","language":"zh","title":"Bank of America slaps the Federal Reserve in the face: Where is \"temporary\" inflation?","url":"https://stock-news.laohu8.com/highlight/detail?id=1185815929","media":"华尔街见闻","summary":"美联储真的如市场相信的那样，可以轻易把高通胀的潘多拉魔盒关上？美银不同意：“历史表明，一旦通胀走高，就很难在不引发经济衰退的情况下加以控制”。\n\n美国通胀又爆表了，但市场似乎已经无所畏惧，美股美债齐齐","content":"<p>The Federal Reserve can indeed easily control high inflation, as the market believes.<a href=\"https://laohu8.com/S/0NQC.UK\">Pandora</a>Close the magic box? Bank of America disagrees: \"History shows that once inflation rises, it is difficult to control it without triggering a recession.\" US inflation has skyrocketed again, but the market seems fearless, with both US stocks and Treasuries surging. Investors seem to have begun to believe the Federal Reserve's rhetoric: inflation is only temporarily rising.</p><p>However,<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Chief economist Michelle Meyer, however, stated bluntly: We don't buy it!</p><p>In her opinion,<b>As labor shortages and signs of inflation continue to emerge, the confidence of the Federal Reserve and the market is becoming increasingly unconvincing, and the foundation for more sustained inflation in the future is now being laid.</b></p><p>Bank of America stated that while U.S. inflation hit new highs in April and May, the market not only failed to recognize the inflation risks implied by a series of indicators, but also had a long list of excuses for ignoring inflation signs:</p><p>1. The labor shortage will disappear in the fall, when unemployment benefits will decrease, childcare will be easier to find, and concerns about contracting the coronavirus at work will also subside. 2. The bottlenecks in commodity production are caused by special shocks. As production recovers and demand shifts from goods to services, bottlenecks will gradually disappear; 3. As the impact of past supply disruptions subsides, labor shortages ease, and commodity demand growth slows, trade bottlenecks will also be alleviated. 4. The price increase is purely temporary and targets specific industries. As supply recovers, the upward trend will also fade; 5. By definition, any aspect of price inflation is a temporary rise because the output gap still exists, while sustained price pressures require the gap to disappear. 6. Salary increases mainly occur in lower-paying jobs. This is a good thing because it helps narrow the income gap; 7. In recent years, the link between wage levels and inflation has weakened. We should still celebrate, not lament, rising wages; 8. By definition, any aspect of wage growth is temporary because the unemployment rate is still too high to generate sustained wage pressure; 9. The University of Michigan's inflation expectations index has surged, but this is an overreaction to the obvious rise in food and energy prices; When these two prices fall, inflation expectations will also subside; 10. Historically, inflation expectations have only risen after real inflation has remained high for a period of time; The recent rise must have been a fluke; 11. The break-even inflation rate is only rising moderately. If there really is a problem, the bond market will tell us everything. 12. Ignoring rough surveys on inflation expectations, surveys of professional economists still believe that inflation will reach the Federal Reserve's target in the long run. Bank of America also pointed out that the most important point is that<b>The market believes that \"there is no need to worry about inflation being too high, because the Federal Reserve can do everything it can to rate hike to cool it down.\"</b></p><p>In response, the financial blog Zero Hedge sarcastically remarked: \"The Federal Reserve is very successful; it can not only use rate hike to cool inflation, but also cause the US stock market to collapse within 15 minutes.\"</p><p>However, it is worth noting that the market's views above still have some merit. So, what is Bank of America worried about?</p><p>Meyer believes that it is unreasonable to consider all recent inflation problems as \"temporary\". The most crucial point is,<b>These \"temporary\" pressures may last for several months and may become an inherent factor in the psychology of inflation.</b></p><p>She also stated that this possibility becomes extremely high, given that U.S. monetary and fiscal authorities have already indicated through words and actions that they want the economy to overheat and inflation to rise in the coming years.</p><p>Bank of America also disagrees with the claim that \"the Federal Reserve can easily close Pandora's box of high inflation.\"</p><p>We have never had sustained high inflation in recent decades.<b>However, history shows that once inflation rises, it is difficult to control it without triggering a recession.</b>Furthermore, the Federal Reserve has pledged that rate hike will arrive later than usual and will only rate hike if they believe that higher inflation is already entrenched in the U.S. economy.</p><p>This means that the Federal Reserve's current policy strategy is making rate hike increasingly difficult. However, if an unexpected event occurs and the rate hike signal comes earlier than the Fed's current hints, then it will be too late for the market.</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>Bank of America slaps the Federal Reserve in the face: Where is \"temporary\" inflation?</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\">\nBank of America slaps the Federal Reserve in the face: Where is \"temporary\" inflation?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2021-06-11 11:17</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The Federal Reserve can indeed easily control high inflation, as the market believes.<a href=\"https://laohu8.com/S/0NQC.UK\">Pandora</a>Close the magic box? Bank of America disagrees: \"History shows that once inflation rises, it is difficult to control it without triggering a recession.\" US inflation has skyrocketed again, but the market seems fearless, with both US stocks and Treasuries surging. Investors seem to have begun to believe the Federal Reserve's rhetoric: inflation is only temporarily rising.</p><p>However,<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Chief economist Michelle Meyer, however, stated bluntly: We don't buy it!</p><p>In her opinion,<b>As labor shortages and signs of inflation continue to emerge, the confidence of the Federal Reserve and the market is becoming increasingly unconvincing, and the foundation for more sustained inflation in the future is now being laid.</b></p><p>Bank of America stated that while U.S. inflation hit new highs in April and May, the market not only failed to recognize the inflation risks implied by a series of indicators, but also had a long list of excuses for ignoring inflation signs:</p><p>1. The labor shortage will disappear in the fall, when unemployment benefits will decrease, childcare will be easier to find, and concerns about contracting the coronavirus at work will also subside. 2. The bottlenecks in commodity production are caused by special shocks. As production recovers and demand shifts from goods to services, bottlenecks will gradually disappear; 3. As the impact of past supply disruptions subsides, labor shortages ease, and commodity demand growth slows, trade bottlenecks will also be alleviated. 4. The price increase is purely temporary and targets specific industries. As supply recovers, the upward trend will also fade; 5. By definition, any aspect of price inflation is a temporary rise because the output gap still exists, while sustained price pressures require the gap to disappear. 6. Salary increases mainly occur in lower-paying jobs. This is a good thing because it helps narrow the income gap; 7. In recent years, the link between wage levels and inflation has weakened. We should still celebrate, not lament, rising wages; 8. By definition, any aspect of wage growth is temporary because the unemployment rate is still too high to generate sustained wage pressure; 9. The University of Michigan's inflation expectations index has surged, but this is an overreaction to the obvious rise in food and energy prices; When these two prices fall, inflation expectations will also subside; 10. Historically, inflation expectations have only risen after real inflation has remained high for a period of time; The recent rise must have been a fluke; 11. The break-even inflation rate is only rising moderately. If there really is a problem, the bond market will tell us everything. 12. Ignoring rough surveys on inflation expectations, surveys of professional economists still believe that inflation will reach the Federal Reserve's target in the long run. Bank of America also pointed out that the most important point is that<b>The market believes that \"there is no need to worry about inflation being too high, because the Federal Reserve can do everything it can to rate hike to cool it down.\"</b></p><p>In response, the financial blog Zero Hedge sarcastically remarked: \"The Federal Reserve is very successful; it can not only use rate hike to cool inflation, but also cause the US stock market to collapse within 15 minutes.\"</p><p>However, it is worth noting that the market's views above still have some merit. So, what is Bank of America worried about?</p><p>Meyer believes that it is unreasonable to consider all recent inflation problems as \"temporary\". The most crucial point is,<b>These \"temporary\" pressures may last for several months and may become an inherent factor in the psychology of inflation.</b></p><p>She also stated that this possibility becomes extremely high, given that U.S. monetary and fiscal authorities have already indicated through words and actions that they want the economy to overheat and inflation to rise in the coming years.</p><p>Bank of America also disagrees with the claim that \"the Federal Reserve can easily close Pandora's box of high inflation.\"</p><p>We have never had sustained high inflation in recent decades.<b>However, history shows that once inflation rises, it is difficult to control it without triggering a recession.</b>Furthermore, the Federal Reserve has pledged that rate hike will arrive later than usual and will only rate hike if they believe that higher inflation is already entrenched in the U.S. economy.</p><p>This means that the Federal Reserve's current policy strategy is making rate hike increasingly difficult. However, if an unexpected event occurs and the rate hike signal comes earlier than the Fed's current hints, then it will be too late for the market.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f09c44f289c2f0d40610768fe6661fab","relate_stocks":{"161125":"标普500","SPY":"标普500ETF","SSO":"2倍做多标普500ETF-ProShares",".IXIC":"NASDAQ Composite","QID":"两倍做空纳斯达克指数ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","IVV":"标普500ETF-iShares","DOG":"道指ETF-ProShares做空","QQQ":"纳指100ETF","DDM":"2倍做多道指ETF-ProShares","SH":"做空标普500-Proshares","UPRO":"三倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185815929","content_text":"美联储真的如市场相信的那样，可以轻易把高通胀的潘多拉魔盒关上？美银不同意：“历史表明，一旦通胀走高，就很难在不引发经济衰退的情况下加以控制”。\n\n美国通胀又爆表了，但市场似乎已经无所畏惧，美股美债齐齐大涨。投资者们似乎已经开始相信美联储的那一套说辞：通胀嘛，只是暂时走高而已。\n然而，美国银行首席经济学家Michelle Meyer却直言：我们不买账！\n在她看来，随着劳动力短缺和通胀迹象不断出现，美联储和市场的自信都在变得越来越令人难以信服，未来更持续的通胀正从此刻开始打下基础。\n美国银行表示，在美国4月、5月通胀连续创出新高之际，市场非但没有意识到一系列指标所暗示的通胀风险，反而还有一长串对通胀迹象视而不见的借口：\n\n 1、劳动力短缺将在秋季消失，届时失业福利将减少，儿童保育更好找，对于在工作岗位上感染新冠病毒的担忧也将减退；\n\n\n 2、商品生产的瓶颈是由特殊的冲击造成的。随着生产回暖，需求从商品转向服务，瓶颈就将逐渐消失；\n\n\n 3、随着过去供应中断的影响消退，劳动力短缺出现缓解以及商品需求增长减速，贸易瓶颈也将得到缓解；\n\n\n 4、价格纯粹是暂时性上涨，而且是针对了特定行业。随着供应回升，涨势也将消退；\n\n\n 5、从定义出发，价格通胀的任一方面都是暂时性走高，因为产出缺口仍旧存在，而持续的价格压力则需要缺口消失；\n\n\n 6、薪资上涨主要出现在工资较低的工作当中。这是一件好事，因为这有助于缩小收入差距；\n\n\n 7、近年来，薪资水平和物价通胀之间的联系有所减弱。我们仍旧应该庆祝，而非哀叹工资上涨；\n\n\n 8、从定义出发，薪资增速的任一方面都是暂时性增长，因为失业率仍旧太高，无法产生持续的薪资压力；\n\n\n 9、密歇根大学通胀预期指数已经飙升，但这是对显而易见的食物和能源价格上涨的过度反应；当这两大价格走低时，通胀预期也会消退；\n\n\n 10、从历史上看，只有在实际通胀持续高企一段时间之后，通胀预期才会走高；最近的上涨一定是侥幸；\n\n\n 11、盈亏平衡通胀率只是温和上升，如果真的存在问题，债市会告诉我们一切；\n\n\n 12、忽略那些有关通胀预期的粗略调查，对专业经济学家的调查仍旧认为，长期来看，通胀将达到美联储的目标。\n\n美国银行还指出，最重要的一点在于，市场相信“不要担心通胀过高，因为美联储可以竭尽所能地加息，以此来冷却通胀”。\n对此，金融博客Zero Hedge直接讽刺道：美联储行得很，不仅可以用加息来冷却通胀，还可以让宝贝美股在15分钟之内就崩盘呢。\n不过值得注意的是，市场的上述观点，多多少少都还算有一些道理。那么，美国银行在担心什么？\nMeyer认为，若将近期所有的通胀问题均视为“暂时出现”，这并不合情理。最关键的地方是，这些“暂时性”压力可能会持续好几个月，并可能成为通胀心理学当中的固有因素。\n她还称，考虑到美国货币和财政当局已经用言语和行动表明，他们希望未来几年经济过热、通胀走高，上述可能性就变得非常之大。\n对于“美联储可以轻易把高通胀的潘多拉魔盒关上”的说法，美国银行也并不认同：\n\n 近几十年来，我们从未有过持续的高通胀。\n 但历史表明，一旦通胀走高，就很难在不引发经济衰退的情况下加以控制。\n\n此外，美联储已经承诺，加息将比常态情况下来得更晚，且只有当他们相信更高的通胀已经根植于美国经济之中时才会加息。\n这也就意味着，美联储当前的政策策略使得加息变得愈发困难，但如果有意外发生，加息信号来得比美联储目前的暗示还要早，那么对于市场而言，一切就已经太晚了。","news_type":1,"symbols_score_info":{"161125":0.9,"DDM":0.9,"SSO":0.9,"MNQmain":0.9,"SPXU":0.9,"SPY":0.9,".IXIC":0.9,"SH":0.9,"QID":0.9,"UPRO":0.9,".DJI":0.9,"SDS":0.9,".SPX":0.9,"TQQQ":0.9,"PSQ":0.9,"IVV":0.9,"DOG":0.9,"ESmain":0.9,"NQmain":0.9,"QQQ":0.9}},"isVote":1,"tweetType":1,"viewCount":4742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163248392,"gmtCreate":1623887320016,"gmtModify":1703822391074,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163248392","repostId":"1158977040","repostType":4,"isVote":1,"tweetType":1,"viewCount":5516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181084108,"gmtCreate":1623367518004,"gmtModify":1704201651560,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181084108","repostId":"1179767026","repostType":4,"repost":{"id":"1179767026","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":1623361009,"share":"https://ttm.financial/m/news/1179767026?lang=en_US&edition=fundamental","pubTime":"2021-06-11 05:36","market":"sh","language":"zh","title":"Didi has submitted its IPO application, with management holding over 50% of the voting rights.","url":"https://stock-news.laohu8.com/highlight/detail?id=1179767026","media":"老虎资讯综合","summary":"美东时间6月10日，滴滴出行正式向美国证券交易委员会递交IPO申请，拟于纽交所或纳斯达克挂牌上市，股票代码为“DIDI”。招股书显示，截至2021年3月，滴滴在全球15个国家4000多个城市开展业务，平台全球年活跃用户达到4.93亿。招股书显示，IPO之前，滴滴创始人、CEO程维持股7%，联合创始人、总裁柳青持股1.7%。根据中概股常规的同股不同权的安排，程维柳青合计拥有超过48%的投票权，包括程维柳青在内的滴滴管理层拥有超过50%的投票权。","content":"<p>On June 10, Eastern Time, DIDI Chuxing officially filed for an IPO with the U.S. Securities and Exchange Commission (SEC), intending to list on the New York Stock Exchange or Nasdaq under the ticker symbol \"DIDI\". According to its prospectus, as of March 2021, Didi operated in more than 4,000 cities in 15 countries around the world, with 493 million annual active users worldwide.</p><p>According to the prospectus, prior to the IPO, Didi founder and CEO Cheng Wei held 7% of the shares, and co-founder and president Liu Qing held 1.7%. According to the standard dual-class share structure for Chinese concept stocks, Cheng Wei and Liu Qing collectively hold more than 48% of the voting rights, and Didi's management, including Cheng Wei and Liu Qing, holds more than 50% of the voting rights.</p><p>Currently, many domestic internet companies such as JD.com, Xiaomi, and Pinduoduo have adopted the AB share model, which is a dual-class share structure. It is through this model that founders such as Liu Qiangdong, Lei Jun, and Huang Zheng, although the shares they own do not reach the level of absolute control, are able to firmly control 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>Didi has submitted its IPO application, with management holding over 50% of the voting rights.</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\">\nDidi has submitted its IPO application, with management holding over 50% of the voting rights.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-11 05:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 10, Eastern Time, DIDI Chuxing officially filed for an IPO with the U.S. Securities and Exchange Commission (SEC), intending to list on the New York Stock Exchange or Nasdaq under the ticker symbol \"DIDI\". According to its prospectus, as of March 2021, Didi operated in more than 4,000 cities in 15 countries around the world, with 493 million annual active users worldwide.</p><p>According to the prospectus, prior to the IPO, Didi founder and CEO Cheng Wei held 7% of the shares, and co-founder and president Liu Qing held 1.7%. According to the standard dual-class share structure for Chinese concept stocks, Cheng Wei and Liu Qing collectively hold more than 48% of the voting rights, and Didi's management, including Cheng Wei and Liu Qing, holds more than 50% of the voting rights.</p><p>Currently, many domestic internet companies such as JD.com, Xiaomi, and Pinduoduo have adopted the AB share model, which is a dual-class share structure. It is through this model that founders such as Liu Qiangdong, Lei Jun, and Huang Zheng, although the shares they own do not reach the level of absolute control, are able to firmly control the company.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bf210b0a9da00c82cb2c925171714e26","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179767026","content_text":"美东时间6月10日，滴滴出行正式向美国证券交易委员会（SEC）递交IPO申请，拟于纽交所或纳斯达克挂牌上市，股票代码为“DIDI”。招股书显示，截至2021年3月，滴滴在全球15个国家4000多个城市开展业务，平台全球年活跃用户达到4.93亿。\n招股书显示，IPO之前，滴滴创始人、CEO程维持股7%，联合创始人、总裁柳青持股1.7%。根据中概股常规的同股不同权的安排，程维柳青合计拥有超过48%的投票权，包括程维柳青在内的滴滴管理层拥有超过50%的投票权。\n目前国内京东、小米、拼多多等多家互联网公司都采用了AB股即同股不同权的模式，刘强东、雷军、黄峥等创始人也正是借此拥有的股份尽管没有达到绝对控股的程度，却能够牢牢地掌控住公司。","news_type":1,"symbols_score_info":{"DIDI":0.9}},"isVote":1,"tweetType":1,"viewCount":4489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184208975,"gmtCreate":1623714799097,"gmtModify":1704209200673,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184208975","repostId":"1123321973","repostType":4,"repost":{"id":"1123321973","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1623649058,"share":"https://ttm.financial/m/news/1123321973?lang=en_US&edition=fundamental","pubTime":"2021-06-14 13:37","market":"us","language":"zh","title":"Is the Federal Reserve about to turn on itself? Super Central Bank Week: Markets Await It Seriously","url":"https://stock-news.laohu8.com/highlight/detail?id=1123321973","media":"Wind万得","summary":"本周迎来超级央行周，美联储等多家央行将公布利率决议。\n美国5月通胀已经高达5%，创出十三年新高，美联储本周议息会议会不会宣布缩减QE？这已成为市场焦点。\n著名经济学家任泽平近日表示，如果美联储货币政策","content":"<p>This week marks Super Central Bank Week, with several central banks, including the Federal Reserve, set to announce their interest rate decisions.</p><p>US inflation reached 5% in May, a 13-year high. Will the Federal Reserve announce a tapering of QE at its interest rate meeting this week? This has become the focus of the market.</p><p>Renowned economist Ren Zeping recently stated that<b>If the Federal Reserve normalizes its monetary policy, or begins shrinking balance sheet and tightening monetary policy, it will put pressure on global capital markets.</b></p><p><b>// Super Central Bank Week is here //</b></p><p>This week, the Federal Reserve, the Bank of Japan, the Swiss National Bank, and others will announce their interest rate decisions.</p><p><b>Among them, the Federal Reserve is the one that attracts the most attention.</b></p><p><b>The Federal Reserve will announce its interest rate decision at 2:00 AM Beijing time on June 17th. Half an hour later, Federal Reserve Chairman Jerome Powell will hold a press conference.</b></p><p>See the chart below for the specific schedule:</p><p><img src=\"https://static.tigerbbs.com/ff5e9242d2cb24ab2f8c085ee97398fa\" tg-width=\"779\" tg-height=\"741\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/80c2ba121bcf020e5143b1c267e4b3ab\" tg-width=\"779\" tg-height=\"677\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/62cc1db7d53aa8152a842b90048161e1\" tg-width=\"779\" tg-height=\"1037\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0dd247431fbeed69ea074da3ebbc4788\" tg-width=\"779\" tg-height=\"474\" referrerpolicy=\"no-referrer\"></p><p>Wind's analysis reveals that, based on current market expectations, the Federal Reserve, the Bank of Japan, the Bank of Indonesia, the Swiss National Bank, the Norwegian Central Bank, the Central Bank of Turkey, and the Central Bank of Egypt are highly likely to choose to maintain their existing benchmark interest rates unchanged.</p><p>The Ukrainian central bank may choose 50 basis points for rate hike, while the Brazilian central bank may choose 75 basis points for rate hike. The Norwegian central bank may hint at declaring a rate hike in September this year.</p><p><b>// With inflation soaring, is the Federal Reserve about to change its tune?  //</b></p><p>Once the Federal Reserve announces a reduction in its monthly bond purchases (QE), it will be seen as a key signal of global tightening of monetary policy.</p><p>According to Wind's research of multiple sources, the mainstream view is that the Federal Reserve is expected to release this signal as early as the Jackson Hole Global Central Bank Annual Meeting before the end of August this year, while the more common view is that it will be announced at the meeting in September this year. But no, people don't seem to believe the Federal Reserve's claim that \"inflation is only temporary\".</p><p>In its April policy statement, the Federal Reserve wrote, \"Inflation has risen, largely reflecting transitory factors.\" Therefore, whether the Federal Reserve will remove this statement from its June interest rate decision is expected to be the \"epicenter\" triggering market-wide volatility.</p><p>The market is currently awaiting a clear signal from the Federal Reserve, and dollar volatility has fallen to its lowest level in more than a year.</p><p><b>// US CPI hits near 13-year high //</b></p><p>If the Federal Reserve changes its dovish stance, inflation will be the decisive factor.</p><p>Data released by the U.S. Department of Labor on the 10th local time shows that<b>The CPI rose 5% year-on-year in May, a new high since August 2008, compared to the expected 4.7% increase and the previous 4.2% increase, marking the largest year-on-year increase in nearly 13 years.</b>。</p><p><img src=\"https://static.tigerbbs.com/53c0507e13d2d924ecaefcd462dced92\" tg-width=\"989\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p>(Image from Wind Financial Terminal EDB module)</p><p>Annual inflation measures have been boosted compared to last year's data during the pandemic, when prices fell sharply due to a plunge in demand for many goods and services. The market currently expects this so-called base effect to significantly push up inflation data for May and June until the fall.</p><p>According to multiple data points recently released by the U.S. Department of Commerce, housing prices across the United States were soaring as of April.</p><p>The S&P Shiller home price index rose 13.2% in March compared to the same period in 2020, the largest increase since December 2005. Home price indices in 90% of U.S. cities, including New York and San Francisco, hit new highs.</p><p>The Federal Reserve's Beige Book, released in early June, showed that inflationary pressures in the United States had further increased. The report shows that from early April to the end of May, economic activity across U.S. jurisdictions expanded moderately at a faster pace. Jurisdictions generally expect that costs and sales prices may continue to rise in the coming months.</p><p><b>// Inflation data released, market not panicking //</b></p><p>However, it is worth noting that the US inflation data on June 11 exceeded expectations, but did not trigger market panic.</p><p>On that day, the three major U.S. stock indexes all closed higher, with gains all within 1%; European stocks were mixed. COMEX gold futures rose 0.31% to $1,901.3 per ounce; International crude oil futures closed broadly higher, with the US crude oil contract for July delivery rising 0.19% to $70.09 a barrel. Base metals prices in London were mixed, with LME copper futures down 0.85%.</p><p><b>One reason for the lack of increase in market volatility is the ECB's dovish stance overnight, and the market may believe that the same phenomenon will happen to the Federal Reserve.</b></p><p>The European Central Bank (ECB) chose not to indicate when it might begin tapering its pandemic-era stimulus program and expects inflation to remain below target for the foreseeable future. Meanwhile, the European Central Bank decided to continue its stimulus program, and its ultra-low interest rates remained unchanged.</p><p><b>// Ren Zeping: Be wary of the risks of the Fed's rate hike shrinking balance sheet //</b></p><p>Although there was no panic in the market after the inflation data was released last week, the continued rise in US inflation poses a real threat to emerging markets.</p><p>Tatiana Lysenko, chief emerging markets economist at S&P Global Ratings, said that rising U.S. inflation and yields will push up borrowing costs for developing countries, in addition to...<b>The broader risk is that the U.S. economy will outpace emerging economies, which will lead to capital outflows from emerging market stocks and bonds, ultimately triggering currency depreciation.</b></p><p>According to S&P data, refinancing costs in 15 of the 18 largest advanced economies are more than 1 percentage point lower than average borrowing costs. Most of these economies pay less than 1% interest.</p><p>In a research report released on June 11, Ren Zeping, chief economist at Dongwu Securities, called for vigilance against the risks posed by the Federal Reserve's rate hike shrinking balance sheet.</p><p>He stated that, according to market expectations, vaccination coverage in the United States may reach 70% around October, with basic vaccination completed by the end of the year. The risks of the Federal Reserve's future shrinking balance sheet and capital outflows from new markets warrant vigilance.</p><p>He emphasized that global asset price valuations are currently very high, and China has normalized its monetary policy.<b>If the Federal Reserve's monetary policy were to normalize one day, or if it were to begin shrinking balance sheet and tighten monetary policy, it would put pressure on global capital markets.</b>the US Dollar Index briefly strengthened in February and March of this year, capital flowed out of the new market, and the Turkish market collapsed immediately.</p><p>Regarding the economic, policy, and market outlook for the third quarter, he reminded investors to remember three points:</p><p><b>First, the first quarter is the peak of the economy, and the second and third quarters will slow down marginally.</b></p><p><b>Secondly, the phase of the sharpest rise in commodity prices may be over, and the peak is approaching.</b></p><p><b>Thirdly, market expectations and anxieties about tightening monetary policy will ease.</b></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>Is the Federal Reserve about to turn on itself? Super Central Bank Week: Markets Await It Seriously</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\">\nIs the Federal Reserve about to turn on itself? Super Central Bank Week: Markets Await It Seriously\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2021-06-14 13:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>This week marks Super Central Bank Week, with several central banks, including the Federal Reserve, set to announce their interest rate decisions.</p><p>US inflation reached 5% in May, a 13-year high. Will the Federal Reserve announce a tapering of QE at its interest rate meeting this week? This has become the focus of the market.</p><p>Renowned economist Ren Zeping recently stated that<b>If the Federal Reserve normalizes its monetary policy, or begins shrinking balance sheet and tightening monetary policy, it will put pressure on global capital markets.</b></p><p><b>// Super Central Bank Week is here //</b></p><p>This week, the Federal Reserve, the Bank of Japan, the Swiss National Bank, and others will announce their interest rate decisions.</p><p><b>Among them, the Federal Reserve is the one that attracts the most attention.</b></p><p><b>The Federal Reserve will announce its interest rate decision at 2:00 AM Beijing time on June 17th. Half an hour later, Federal Reserve Chairman Jerome Powell will hold a press conference.</b></p><p>See the chart below for the specific schedule:</p><p><img src=\"https://static.tigerbbs.com/ff5e9242d2cb24ab2f8c085ee97398fa\" tg-width=\"779\" tg-height=\"741\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/80c2ba121bcf020e5143b1c267e4b3ab\" tg-width=\"779\" tg-height=\"677\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/62cc1db7d53aa8152a842b90048161e1\" tg-width=\"779\" tg-height=\"1037\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0dd247431fbeed69ea074da3ebbc4788\" tg-width=\"779\" tg-height=\"474\" referrerpolicy=\"no-referrer\"></p><p>Wind's analysis reveals that, based on current market expectations, the Federal Reserve, the Bank of Japan, the Bank of Indonesia, the Swiss National Bank, the Norwegian Central Bank, the Central Bank of Turkey, and the Central Bank of Egypt are highly likely to choose to maintain their existing benchmark interest rates unchanged.</p><p>The Ukrainian central bank may choose 50 basis points for rate hike, while the Brazilian central bank may choose 75 basis points for rate hike. The Norwegian central bank may hint at declaring a rate hike in September this year.</p><p><b>// With inflation soaring, is the Federal Reserve about to change its tune?  //</b></p><p>Once the Federal Reserve announces a reduction in its monthly bond purchases (QE), it will be seen as a key signal of global tightening of monetary policy.</p><p>According to Wind's research of multiple sources, the mainstream view is that the Federal Reserve is expected to release this signal as early as the Jackson Hole Global Central Bank Annual Meeting before the end of August this year, while the more common view is that it will be announced at the meeting in September this year. But no, people don't seem to believe the Federal Reserve's claim that \"inflation is only temporary\".</p><p>In its April policy statement, the Federal Reserve wrote, \"Inflation has risen, largely reflecting transitory factors.\" Therefore, whether the Federal Reserve will remove this statement from its June interest rate decision is expected to be the \"epicenter\" triggering market-wide volatility.</p><p>The market is currently awaiting a clear signal from the Federal Reserve, and dollar volatility has fallen to its lowest level in more than a year.</p><p><b>// US CPI hits near 13-year high //</b></p><p>If the Federal Reserve changes its dovish stance, inflation will be the decisive factor.</p><p>Data released by the U.S. Department of Labor on the 10th local time shows that<b>The CPI rose 5% year-on-year in May, a new high since August 2008, compared to the expected 4.7% increase and the previous 4.2% increase, marking the largest year-on-year increase in nearly 13 years.</b>。</p><p><img src=\"https://static.tigerbbs.com/53c0507e13d2d924ecaefcd462dced92\" tg-width=\"989\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p>(Image from Wind Financial Terminal EDB module)</p><p>Annual inflation measures have been boosted compared to last year's data during the pandemic, when prices fell sharply due to a plunge in demand for many goods and services. The market currently expects this so-called base effect to significantly push up inflation data for May and June until the fall.</p><p>According to multiple data points recently released by the U.S. Department of Commerce, housing prices across the United States were soaring as of April.</p><p>The S&P Shiller home price index rose 13.2% in March compared to the same period in 2020, the largest increase since December 2005. Home price indices in 90% of U.S. cities, including New York and San Francisco, hit new highs.</p><p>The Federal Reserve's Beige Book, released in early June, showed that inflationary pressures in the United States had further increased. The report shows that from early April to the end of May, economic activity across U.S. jurisdictions expanded moderately at a faster pace. Jurisdictions generally expect that costs and sales prices may continue to rise in the coming months.</p><p><b>// Inflation data released, market not panicking //</b></p><p>However, it is worth noting that the US inflation data on June 11 exceeded expectations, but did not trigger market panic.</p><p>On that day, the three major U.S. stock indexes all closed higher, with gains all within 1%; European stocks were mixed. COMEX gold futures rose 0.31% to $1,901.3 per ounce; International crude oil futures closed broadly higher, with the US crude oil contract for July delivery rising 0.19% to $70.09 a barrel. Base metals prices in London were mixed, with LME copper futures down 0.85%.</p><p><b>One reason for the lack of increase in market volatility is the ECB's dovish stance overnight, and the market may believe that the same phenomenon will happen to the Federal Reserve.</b></p><p>The European Central Bank (ECB) chose not to indicate when it might begin tapering its pandemic-era stimulus program and expects inflation to remain below target for the foreseeable future. Meanwhile, the European Central Bank decided to continue its stimulus program, and its ultra-low interest rates remained unchanged.</p><p><b>// Ren Zeping: Be wary of the risks of the Fed's rate hike shrinking balance sheet //</b></p><p>Although there was no panic in the market after the inflation data was released last week, the continued rise in US inflation poses a real threat to emerging markets.</p><p>Tatiana Lysenko, chief emerging markets economist at S&P Global Ratings, said that rising U.S. inflation and yields will push up borrowing costs for developing countries, in addition to...<b>The broader risk is that the U.S. economy will outpace emerging economies, which will lead to capital outflows from emerging market stocks and bonds, ultimately triggering currency depreciation.</b></p><p>According to S&P data, refinancing costs in 15 of the 18 largest advanced economies are more than 1 percentage point lower than average borrowing costs. Most of these economies pay less than 1% interest.</p><p>In a research report released on June 11, Ren Zeping, chief economist at Dongwu Securities, called for vigilance against the risks posed by the Federal Reserve's rate hike shrinking balance sheet.</p><p>He stated that, according to market expectations, vaccination coverage in the United States may reach 70% around October, with basic vaccination completed by the end of the year. The risks of the Federal Reserve's future shrinking balance sheet and capital outflows from new markets warrant vigilance.</p><p>He emphasized that global asset price valuations are currently very high, and China has normalized its monetary policy.<b>If the Federal Reserve's monetary policy were to normalize one day, or if it were to begin shrinking balance sheet and tighten monetary policy, it would put pressure on global capital markets.</b>the US Dollar Index briefly strengthened in February and March of this year, capital flowed out of the new market, and the Turkish market collapsed immediately.</p><p>Regarding the economic, policy, and market outlook for the third quarter, he reminded investors to remember three points:</p><p><b>First, the first quarter is the peak of the economy, and the second and third quarters will slow down marginally.</b></p><p><b>Secondly, the phase of the sharpest rise in commodity prices may be over, and the peak is approaching.</b></p><p><b>Thirdly, market expectations and anxieties about tightening monetary policy will ease.</b></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c642e2602b0226eff0cc78e1452765cc","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123321973","content_text":"本周迎来超级央行周，美联储等多家央行将公布利率决议。\n美国5月通胀已经高达5%，创出十三年新高，美联储本周议息会议会不会宣布缩减QE？这已成为市场焦点。\n著名经济学家任泽平近日表示，如果美联储货币政策正常化，或者说开始缩表、紧缩货币政策，会对全球资本市场产生压力。\n// 超级央行周到来  //\n本周，美联储、日本央行、瑞士央行等将公布利率决议。\n其中，最受关注的还是美联储。\n北京时间6月17日2点，美联储将公布利率决议；半小时后，美联储主席鲍威尔将举行新闻发布会。\n具体日程参见下方图表：\n\nWind梳理发现，从目前市场预期来看，美联储、日本央行、印尼央行、瑞士央行、挪威央行、土耳其央行和埃及央行等大概率会选择维持现有基准利率水平不变。\n而乌克兰央行可能会选择加息50个基点，巴西央行则可能会加息75个基点。挪威央行可能会暗示在今年9月的时候宣布加息。\n//  通胀飙升，美联储要变脸？  //\n美联储一旦宣布减少每月债券购买规模（QE），将被认为是全球收紧货币政策的关键信号。\nWind查询多方资料发现，目前主流看法是，美联储最快有望在今年8月末之前的杰克逊霍尔全球央行年会上释放该信号，而更为普遍看法是在今年9月份的会议上宣布。但不人们似乎不太相信美联储认为“通胀只是暂时的”说法。\n美联储在4月份的政策声明中写道：“Inflation has risen, largely reflecting transitory factors.”（通胀已经走高，主要反映了暂时性因素）。因此，对于6月的利率决议来说，美联储是否会删除这一表述，预计将会是引发全市场波动的“震中”。\n目前市场正在等待美联储的明确信号，美元波动率已跌至一年多来的最低水平。\n//  美国CPI创近13年新高  //\n如果美联储改变鸽派立场，通胀将是决定性因素。\n美国劳工部当地时间10日公布的数据显示，5月CPI同比升5%，创2008年8月来新高，预期升4.7%，前值升4.2%，创下近13年来最大同比增幅。\n\n（图片来自Wind金融终端EDB模块）\n与去年疫情期间的数据相比，年度通胀指标得到了提振，当时由于对许多商品和服务的需求暴跌，价格大幅下跌。市场目前预计这种所谓的基数效应将大幅推高5月和6月的通胀数据，直至秋季。\n据美国商务部近期公布的多项数据显示，截止4月，全美范围内的房价正在大幅飙升。\n标普席勒房价指数3月较2020年同期上涨13.2%，为2005年12月以来最大涨幅，包括纽约、旧金山在内的美国90%的城市房价指数均创下新高。\n6月月初公布的美联储“褐皮书”显示美国通胀压力进一步增加。报告显示，4月初至5月底，美国各辖区经济活动以更快速度温和扩张。各辖区普遍预计，未来几个月成本和销售价格可能继续上扬。\n//  通胀数据公布，市场并未恐慌  //\n不过值得注意的是，6月11日美国通胀数据超预期，但是并没有引发市场恐慌。\n当天，美国三大股指集体收涨，涨幅均在1%之内；欧股涨跌不一。COMEX期金涨0.31%，报1901.3美元/盎司；国际原油期货收盘普涨，美油7月合约涨0.19%，报70.09美元/桶。伦敦基本金属涨跌不一，LME期铜跌0.85%。\n市场波动率未上升的其中一个原因是隔夜欧央行鸽派的态度，市场或认为同样现象也会发生在美联储身上。\n欧洲央行(ECB)选择不暗示何时可能开始缩减其疫情时期的刺激计划，并预计在可预见的未来，通胀仍将低于目标水平。同时欧洲央行决定继续实施刺激计划，其超低利率也保持不变。\n//  任泽平：警惕美联储加息缩表风险  //\n尽管上周通胀数据公布后，市场并未出现恐慌，但是美国通胀持续走高，对新兴市场却构成实质威胁。\n标普全球评级新兴市场首席经济学家塔蒂亚娜·李森科表示，美国通胀和收益率上升会推高发展中国家的借贷成本，除此之外，更广泛的风险是，美国经济将领先于新兴经济体，这将导致资金流出新兴市场股票和债券，最终引发货币贬值。\n标普的数据显示，18个最大的发达经济体中有15个的再融资成本比平均借贷成本低1个百分点以上。其中大多数经济体支付的利息不到1%。\n东吴证券首席经济学家任泽平在6月11日发布的研报中呼吁，警惕美联储加息缩表引发的风险。\n他表示，如果按照市场预计，10月份前后，美国的疫苗接种可能能达到70%，到年底基本接种完毕，美联储未来的缩表和资本从新市场流出的风险值得警惕。\n他强调，现在全球资产价格估值都很高，中国已经货币政策正常化了，如果哪天美联储货币政策正常化，或者说开始缩表、紧缩货币政策，会对全球的资本市场产生压力。今年二三月份美元指数短暂走强，资金从新市场流出，土耳其市场直接就崩盘了。\n对于三季度的经济、政策和市场展望，他提醒投资者记住三点：\n第一点，一季度是经济高点，二三季度会边际放缓。\n第二点，大宗商品价格最猛烈的上涨的阶段可能结束了，高点临近了。\n第三点，市场对货币政策收紧的预期和焦虑会缓解。","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":4766,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185064505,"gmtCreate":1623627652907,"gmtModify":1704207093421,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185064505","repostId":"1159028389","repostType":4,"isVote":1,"tweetType":1,"viewCount":4663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112303485,"gmtCreate":1622849839247,"gmtModify":1704192261175,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112303485","repostId":"2140745244","repostType":4,"isVote":1,"tweetType":1,"viewCount":5364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110717336,"gmtCreate":1622504146425,"gmtModify":1704185116620,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110717336","repostId":"1120605727","repostType":4,"isVote":1,"tweetType":1,"viewCount":4580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189527296,"gmtCreate":1623282690615,"gmtModify":1704199895372,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189527296","repostId":"2142460248","repostType":4,"repost":{"id":"2142460248","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":1623276000,"share":"https://ttm.financial/m/news/2142460248?lang=en_US&edition=fundamental","pubTime":"2021-06-10 06:00","market":"us","language":"zh","title":"GameStation reported better-than-expected Q1 revenue and plans to issue up to 5 million common shares.","url":"https://stock-news.laohu8.com/highlight/detail?id=2142460248","media":"老虎资讯综合","summary":"智通财经APP获悉，周三，游戏驿站在美股收盘后公布了截至2021年5月1日的2021财年一财季财报。因计划增发及收到美国证券交易委员会的调查通知，该股在盘后交易中一度大跌超12%。财报显示，公司期内营收约为12.8亿美元，超过预期的11.59亿美元。净亏损约为6700万美元，预期为5000万美元。每股亏损1.01美元，市场预期亏损0.75美元，去年同期亏损2.57美元。期内公司拥有现金及现金等价物约6.95亿美元。公司同时递交了招股说明书，拟出售多达500万股普通股。","content":"<p>After the US stock market closed on Wednesday, June 9th, Eastern Time,<a href=\"https://laohu8.com/S/GME\">Game Station</a>The company released its financial results for the first fiscal quarter of 2021, ending May 1, 2021, after the US stock market closed. The stock plummeted by more than 12% in after-hours trading due to a planned share issuance and receiving an investigation notice from the U.S. Securities and Exchange Commission.<img src=\"https://static.tigerbbs.com/558c37d97804f78bbd47992ec5d3a71f\" tg-width=\"696\" tg-height=\"523\" referrerpolicy=\"no-referrer\">The financial report shows that the company's revenue for the period was approximately US$1.28 billion, exceeding the expected US$1.159 billion. The net loss was approximately $67 million, compared to an expected $50 million. The company reported a loss of $1.01 per share, compared to market expectations of a loss of $0.75 and a loss of $2.57 in the same period last year. During the period, the company had cash and cash equivalents of approximately US$695 million.<img src=\"https://static.tigerbbs.com/0810f497f515a7937093550c88971a3f\" tg-width=\"1050\" tg-height=\"658\" referrerpolicy=\"no-referrer\">The company also submitted a prospectus, intending to sell up to 5 million common shares. The prospectus states that there have been no significant changes in the company's financial condition or operating conditions that could explain price fluctuations or stock trading volume. Part of the reason for stock price volatility is commentary from securities analysts or other third parties, including comments on blogs, articles, message boards, and social and other media. The company plans to use the potential proceeds from the sale of shares for general corporate purposes, investing in growth plans, and strengthening its balance sheet.</p><p>In addition, the company also disclosed information that it had received an investigation by the U.S. Securities and Exchange Commission (SEC). The company stated, \"On May 26, 2021, we received a request from SEC staff requesting that we voluntarily provide documents and information regarding the SEC's investigation into our and other companies' securities trading activities. We are reviewing this request and preparing the requested documents, and intend to fully cooperate with SEC staff on this matter. We do not expect this investigation to have an adverse impact on us.\"</p><p>GameStation (GME.US) announced that it has appointed former Amazon (AMZN.US) executive Matt Furlong as its new CEO, and another former Amazon executive, Mike Recupero, as Chief Financial Officer (CFO).</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>GameStation reported better-than-expected Q1 revenue and plans to issue up to 5 million common shares.</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\">\nGameStation reported better-than-expected Q1 revenue and plans to issue up to 5 million common shares.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-10 06:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>After the US stock market closed on Wednesday, June 9th, Eastern Time,<a href=\"https://laohu8.com/S/GME\">Game Station</a>The company released its financial results for the first fiscal quarter of 2021, ending May 1, 2021, after the US stock market closed. The stock plummeted by more than 12% in after-hours trading due to a planned share issuance and receiving an investigation notice from the U.S. Securities and Exchange Commission.<img src=\"https://static.tigerbbs.com/558c37d97804f78bbd47992ec5d3a71f\" tg-width=\"696\" tg-height=\"523\" referrerpolicy=\"no-referrer\">The financial report shows that the company's revenue for the period was approximately US$1.28 billion, exceeding the expected US$1.159 billion. The net loss was approximately $67 million, compared to an expected $50 million. The company reported a loss of $1.01 per share, compared to market expectations of a loss of $0.75 and a loss of $2.57 in the same period last year. During the period, the company had cash and cash equivalents of approximately US$695 million.<img src=\"https://static.tigerbbs.com/0810f497f515a7937093550c88971a3f\" tg-width=\"1050\" tg-height=\"658\" referrerpolicy=\"no-referrer\">The company also submitted a prospectus, intending to sell up to 5 million common shares. The prospectus states that there have been no significant changes in the company's financial condition or operating conditions that could explain price fluctuations or stock trading volume. Part of the reason for stock price volatility is commentary from securities analysts or other third parties, including comments on blogs, articles, message boards, and social and other media. The company plans to use the potential proceeds from the sale of shares for general corporate purposes, investing in growth plans, and strengthening its balance sheet.</p><p>In addition, the company also disclosed information that it had received an investigation by the U.S. Securities and Exchange Commission (SEC). The company stated, \"On May 26, 2021, we received a request from SEC staff requesting that we voluntarily provide documents and information regarding the SEC's investigation into our and other companies' securities trading activities. We are reviewing this request and preparing the requested documents, and intend to fully cooperate with SEC staff on this matter. We do not expect this investigation to have an adverse impact on us.\"</p><p>GameStation (GME.US) announced that it has appointed former Amazon (AMZN.US) executive Matt Furlong as its new CEO, and another former Amazon executive, Mike Recupero, as Chief Financial Officer (CFO).</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bde7ae9d5c597eb01bbb4658f0573654","relate_stocks":{"GME":"游戏驿站"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142460248","content_text":"美东时间6月9日周三美股盘后，游戏驿站在美股收盘后公布了截至2021年5月1日的2021财年一财季财报。因计划增发及收到美国证券交易委员会的调查通知，该股在盘后交易中一度大跌超12%。财报显示，公司期内营收约为12.8亿美元，超过预期的11.59亿美元。净亏损约为6700万美元，预期为5000万美元。每股亏损1.01美元，市场预期亏损0.75美元，去年同期亏损2.57美元。期内公司拥有现金及现金等价物约6.95亿美元。公司同时递交了招股说明书，拟出售多达500万股普通股。招股书称，公司财务状况或经营状况没有发生任何可以解释价格波动或股票交易量的重大变化。导致股价不稳定的部分原因是证券分析师或其他第三方的评论，包括博客、文章、留言板和社会及其他媒体上的评论。公司计划将潜在股票销售收益用于一般企业用途、投资增长计划和加强其资产负债表。\n此外，公司还披露了收到美国证券交易委员会(SEC)调查的信息。该公司表示：“2021年5月26日，我们收到了SEC工作人员的请求，要求我们自愿提供有关SEC对我们和其他公司证券交易活动进行调查的文件和信息。我们正在审查这一请求并制作所要求的文件，打算就此事与SEC工作人员充分合作。预计这项调查不会对我们产生不利影响。”\n游戏驿站(GME.US)表示已任命前亚马逊(AMZN.US)高管Matt Furlong为其新首席执行官(CEO)，另一位前亚马逊高管Mike Recupero担任首席财务官(CFO)。","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":4493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110017656,"gmtCreate":1622416984975,"gmtModify":1704183890497,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110017656","repostId":"1173472838","repostType":4,"repost":{"id":"1173472838","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1622330867,"share":"https://ttm.financial/m/news/1173472838?lang=en_US&edition=fundamental","pubTime":"2021-05-30 07:27","market":"sh","language":"zh","title":"Live coverage of IFF 2021! Zhou Xiaochuan, the US Treasury Secretary, and others made significant","url":"https://stock-news.laohu8.com/highlight/detail?id=1173472838","media":"Wind万得","summary":"5月29日，国际金融论坛（IFF）2021春季会议在北京举行。此次会议的主题是“后疫情时代：全球治理与国际合作”。\n证监会副主席李超、银保监会梁涛、政协副主席周小川、联合国秘书长、IMF总裁、美国财长","content":"<p>On May 29, the International Finance Forum (IFF) 2021 Spring Meeting was held in Beijing. The theme of this conference is \"The Post-Pandemic Era: Global Governance and International Cooperation\".</p><p><b>Li Chao, Vice Chairman of the China Securities Regulatory Commission (CSRC), Liang Tao of the China Banking and Insurance Regulatory Commission (CBIRC), Zhou Xiaochuan, Vice Chairman of the Chinese People's Political Consultative Conference (CPPCC), the Secretary-General of the United Nations, the</b></p><p>Combating illegal activities, protecting investors, improving risk control, streamlining administration and delegating power, curbing the real estate bubble, commodity prices, vaccines, economic recovery, and green and low-carbon development became the focus of the conference.</p><p><b>Li Chao, Vice Chairman of the China Securities Regulatory Commission</b></p><p><b>1. Strictly, severely, and swiftly crack down on egregious illegal and irregular activities such as market manipulation under the guise of market capitalization management.</b></p><p>We will thoroughly implement the new Securities Law and the amendments to the Criminal Law, continuously improve the legal foundation of the capital market, and severely and swiftly crack down on egregious illegal and irregular activities such as fraudulent issuance, financial fraud, and market manipulation under the guise of market capitalization management, so that those who do bad things will pay a heavy price.</p><p><b>2. Implement the nine-character policy of \"establishing systems, non-interference, and zero tolerance\".</b></p><p>The China Securities Regulatory Commission (CSRC) will closely follow the requirements of the 14th Five-Year Plan for the capital market, further implement the nine-character policy of \"establishing systems, non-intervention, and zero tolerance,\" and promote the capital market to better leverage its roles in resource allocation, risk mitigation, policy transmission, and expectation management.<a href=\"https://laohu8.com/S/HUBG\">hub</a>Its functions, while achieving its own high-quality development, better serve the construction of a new development pattern.</p><p><b>Better protect the legitimate rights and interests of small and medium-sized investors</b></p><p>We will regularly conduct litigation work on behalf of investor insurance institutions to better protect the legitimate rights and interests of investors, especially small and medium-sized investors, and further create a sound market development ecosystem.</p><p>The China Securities Regulatory Commission (CSRC) will focus on the key project of the registration-based IPO system reform, adhere to the principle of seeking progress while maintaining stability, conduct pilot program summaries, evaluations, improvements, and optimizations, improve relevant supporting systems and rules, actively create conditions for the registration-based IPO system reform across the entire market, and, driven by the registration system, promote the issuance, listing, trading, delisting, information disclosure, promote the fulfillment of responsibilities by intermediaries, strengthen supervision and risk prevention, and continuously optimize a series of key systems such as investor protection.</p><p><b>4. Improve the regulatory and risk control system for commodity futures.</b></p><p>We will work with relevant parties to actively promote the improvement of the basic system of the bond market, steadily advance the pilot implementation of publicly offered REITs in the infrastructure sector, cooperate in promoting the promulgation of the Futures Law, improve the regulatory and risk control system for commodity futures, and actively contribute to stabilizing prices and ensuring supply.</p><p><b>5. Combine deregulation with regulation to promote streamlining administration and delegating power with greater efforts.</b></p><p>We will further deepen the reform of streamlining administration, delegating power, and improving services, with a focus on combining delegation with regulation, and promote streamlining administration and delegating power with greater efforts. On the one hand, we will continue to firmly adhere to the principle of \" Wherever market mechanisms can play an effective role, we will resolutely delegate power to the market, reduce unnecessary regulations, continuously improve regulatory transparency and predictability, and further stimulate market vitality.</p><p>On the other hand, we must continue to focus on \"management\". Those that need to be regulated must be resolutely and effectively managed, adhering to scientific, classified, professional, and continuous supervision. We must further improve the institutional arrangements for strengthening in-process and post-process supervision, and ensure that various risks are clearly visible, explained, and safeguarded. We must continuously improve the technological and intelligent level of supervision and enhance its effectiveness.</p><p><b>Liang Tao, China Banking and Insurance Regulatory Commission</b></p><p><b>1. Global monetary policy divergence may cause asset bubbles to burst.</b></p><p>Global monetary policies are diverging and accelerating under a loose tone. The extent of policy easing in developed Western economies is unprecedented, decision-making independence has declined significantly, and means and tools have crossed traditional bottom lines. This not only leads to fiscal sustainability risks but also generates huge spillover effects, pushing up global debt levels and raising financial market bubbles and inflation expectations. While developed economies are adhering to low interest rate policies, some emerging economies have also recently declared rate hike, which may cause a repricing of global financial assets and even the bursting of asset bubbles.</p><p><b>2. Prevent large-scale inflows and outflows of hot money from disrupting emerging markets.</b></p><p>Risks know no borders. We should further strengthen multilateral and bilateral regulatory cooperation, jointly enhance risk monitoring efforts, improve risk monitoring methods, improve cross-border capital management policy tools, and strengthen the monitoring system for cross-border capital flows to prevent large-scale inflows and outflows of hot money from disrupting emerging markets.</p><p><b>3. Strengthen cooperation in financial supervision and jointly prevent financial risks.</b></p><p>In preventing financial crises and managing the spillover effects of international financial risks, we will strengthen international regulatory cooperation to promote global economic recovery and financial security and stability.</p><p><b>4. The trend of a real estate financial bubble has been curbed.</b></p><p>Financial leverage ratios have decreased significantly, the blind expansion of financial assets has been fundamentally reversed, the identification and disposal of non-performing assets in the banking industry have been greatly advanced, shadow banking has been dismantled in an orderly manner, financial illegal and criminal activities have been severely punished, the risks inherent in the illegal economy have been gradually resolved, the response to external risk shocks has been effective, the trend of real estate financial bubbles has been curbed, and local government debt risks have been basically controlled.</p><p><b>5. Rising prices of some international commodities require close attention.</b></p><p>Frequent fluctuations in international financial markets have led to increased volatility and vulnerability in financial markets as market inflation expectations and monetary policy shifts in developed countries have risen due to the recovery of the real economy. The rapid rise in US Treasury yields since February, along with the recent sharp increase in the prices of some international commodities, require close attention from all parties.</p><p><b>// Zhou Xiaochuan, Vice Chairman of the CPPCC</b></p><p><b>1. China was the G20 country with the largest amount of debt relief last year.</b></p><p>China has fully implemented its low-interest-rate initiative, providing debt relief totaling more than US$1.3 billion, making it the G20 country with the largest amount of debt relief. It is hoped that the IMF can further study the function of granting SDRs more functions as international reserve currencies, so that member countries can use and intervene in SDRs more flexibly to meet liquidity and public spending needs.</p><p><b>2. Unequal global vaccine distribution leads to a widening immunization gap</b></p><p>The current pandemic is still spreading repeatedly around the world. Mutant viruses have increased the complexity of pandemic prevention and control, and the unfair distribution of vaccines globally has led to a widening immunity gap. In the post-pandemic era, we should strengthen cooperation in vaccine research and development, production, and distribution, accelerate the implementation of vaccine implementation plans, provide more vaccines to developing countries in need, and improve the availability and affordability of vaccines.</p><p>At the same time, more and more countries recognize that addressing climate change is not only about sharing responsibility, but also about sharing opportunities for the development of green technologies and green industries, and need to promote the construction of a global mechanism for achieving carbon neutrality and governance. In addition, the pandemic has accelerated the digital transformation of the global economy, and the transformation of the digital economy also requires strengthening global co-governance and bridging the digital divide.</p><p><b>3. China will continue to serve as the world's factory and market.</b></p><p>Starting this year, China began implementing its 14th Five-Year Plan for Social and Economic Development, embarking on a new journey of building a modern socialist country in all respects and entering a new stage of development. China is accelerating the construction of a new development pattern with the domestic cycle as the mainstay and the domestic and international dual cycles promoting each other.</p><p>China will continue to serve as the world's factory and the world's market, expanding its opening-up while expanding domestic demand, focusing on promoting the opening-up of rules, regulations, management, standards and other systems, continuously creating a market-oriented, rule-of-law-based and international business environment, participating more actively in bilateral and multilateral regional cooperation, and promoting the joint construction of the \"Belt and Road\" with high quality.</p><p><b>Promote infrastructure connectivity</b></p><p>We will promote the implementation of the G20 principles of high-quality infrastructure investment, strengthen the effective connection and alignment between China's Belt and Road Initiative and regional and global connectivity initiatives such as the ASEAN Connectivity Master Plan 2025, the construction of the Eurasian Economic Union, and the EU's connection with Eurasia, adhere to the principles of consultation, joint construction, and shared benefits, make up for infrastructure gaps, enhance growth potential, and promote post-pandemic economic recovery and development.</p><p>At the same time, governments and multilateral development agencies should further improve the design of institutional development, establish incentive mechanisms, and attract more private sector funds to invest in sustainable infrastructure.</p><p><b>5. Strengthen coordination between RCEP and CPTPP agreements</b></p><p>China actively participates in WTO reform and unswervingly supports the multilateral trading system with the WTO at its core. At the same time, initiatives such as RCEP also help promote global trade and investment liberalization and facilitation, and drive the recovery of global trade and the reshaping of trade rules.</p><p>We hope to see RCEP signatories expedite their domestic review processes, advance negotiations on the trilateral free trade agreement between China, Japan, and South Korea, strengthen coordination between RCEP and the CPTPP agreement, and promote the establishment of an Asia-Pacific free trade agreement with a higher level of market openness and broader coverage.</p><p><b>// Li Dongrong, former vice governor of the People's Bank of China //</b></p><p><b>We will strive to establish international principles and guidelines for green finance.</b></p><p>It is recommended to focus on developing international principles and guidelines for green finance. We could consider drawing on the experiences and practices of the G20 High-Level Principles for Digital Inclusive Finance and the Paris Fintech Agenda of the International Monetary Fund and the World Bank, continuously summarizing and refining typical experiences and good practices in the field of green finance in various countries, and forming a set of guiding and applicable international principles and guidelines for green finance at the international organization level.</p><p><b>// Liu Jin, President of Bank of China //</b></p><p><b>Financing for exiting coal enterprises should be synchronized with the transformation of finance.</b></p><p>The announcement of China's carbon peaking and carbon neutrality goals reflects China's responsibility as the world's largest developing country, and will also inevitably trigger broad and profound systemic changes in the economy and society, bringing huge financial demand.</p><p>We must innovate sustainable financial credit products, promote the securitization of green credit assets, and innovate methods such as expected return collateral and equity pledge to carry out green equity collateral loan businesses such as pollution discharge rights, carbon emission rights, and energy use rights, so as to provide professional sub-services for various participating entities. At the same time, we will explore the development of transformation loans to support the credit products and services needed for the green and low-carbon transformation of industries such as energy and industry.</p><p>Liu Jin stated that many experts would say that financing for coal companies should be withdrawn as soon as possible, but I suggest that this withdrawal should be carried out in conjunction with the transformation of finance. Otherwise, if the withdrawal is too fast, both coal companies and our lending banks will suffer losses.</p><p><b>//UN Secretary-General António Guterres//</b></p><p><b>1. The G20 should extend the debt moratorium until 2022.</b></p><p>More support must be provided to developing countries on the brink of debt crisis. I have called on the G20 to further extend the debt moratorium until 2022 to help all countries, including middle-income countries, which must strengthen their international debt structure in addition to debt relief.</p><p><b>2. Progress has been made in the fight against the pandemic, but we still face a decade of lost development.</b></p><p>Over the past year, the pandemic has not only disrupted people's lives, but also affected the 2030 Sustainable Development Goals and global efforts to control temperatures. To reverse this trend, a more coordinated global and multilateral response is needed on many fronts.</p><p>The vaccine gap must be urgently filled, and there must be unity to produce and distribute all vaccines for all, especially for those underdeveloped countries. Global vaccine equity mechanisms can help achieve this goal.</p><p><b>3. Fossil fuel subsidies should be shifted to renewable energy subsidies.</b></p><p>We must intensify our construction efforts to enable the economy to recover from the pandemic, overcome the climate crisis, and achieve the goal of zero emissions. We must act now and ensure that the commitment to zero emissions has a reliable timeframe. This means shifting from subsidies for fossil fuels to subsidies for renewable energy, ending subsidies to the coal mining industry both domestically and internationally, and gradually phasing out the use of coal.</p><p><b>4. The global economy is indeed recovering.</b></p><p>South Korea has just announced that it will end new direct government support for international coal-fired power projects by the end of this year and hopes to see a similar commitment from the G7 climate ministers and other ministers.</p><p>Donor development finance institutions and multilateral development banks are urged to align their portfolios with the Paris Agreement, ensure that at least 50% of climate finance is used for adaptation and resilience, and support short-term actions in developing countries to finance their transition to renewable energy and climate-resilient development.</p><p><b>IMF Managing Director Kristalina Georgieva</b></p><p><b>1. China's average contribution to global economic growth will exceed one-quarter over the next five years.</b></p><p>The IMF raised its growth forecast for China this year to 8.4%, thanks to stronger net exports. “We also expect China to contribute more than a quarter of global economic growth on average between now and 2026.”</p><p>The IMF raised its global growth forecasts for 2021 and 2022 to 6% and 4.4%, respectively, \"as people gradually adapt to new ways of working, vaccination coverage expands, and countries continue to provide policy support, the outlook for economic growth is improving. Unconventional policy measures have prevented a worse outcome for the global economy; without these measures, the global economy would have contracted three times as much last year as it actually did.\"</p><p><b>2. By the end of the year, the vaccinated population will reach 40%.</b></p><p>The global economy is indeed recovering at present, but the path and pace of recovery are showing a very dangerous divergence-a few developed and emerging market economies are recovering strongly, while poor countries are lagging behind, \"mainly because the latter have policy space and vaccine coverage. Limited.\"</p><p>By the end of this year, 40% of the population in all countries should be vaccinated, and at least 60% by mid-2022. To this end, countries need to develop a comprehensive plan, provide funding first, donate vaccines first, and increase investment to prevent economic downside risks.</p><p><b>3. China's efforts are commendable.</b></p><p>IMF staff estimate that the program will cost about $50 billion worldwide. The benefits it brings will be enormous. From now until 2025, faster vaccination will increase output by $9 trillion, which will be the highest return on public investment in modern history! Currently, the anti-epidemic policy is indeed the best economic policy. \"In this regard, China's efforts are commendable. While continuing to accelerate its own vaccination, it is also providing vaccines to other countries.\"</p><p><b>// U.S. Treasury Secretary Paulson //</b></p><p><b>1. The United States and China should promote healthy competition as much as possible while avoiding unnecessary confrontation.</b></p><p>While avoiding unnecessary confrontation, it is in the interests of both the United States and China to promote healthy competition as much as possible. The two countries can adopt a \"targeted reciprocity\" approach, focusing primarily on reciprocal rules, market access, and actions. It cannot be a mechanical \"conditioned reflex,\" but rather in a way that serves the interests of businesses and workers in both countries. \"In this way, Sino-US relations can both compete and coordinate, and cooperate when it is in their own interests.\"</p><p><b>2. Climate issues are one of the potential areas of cooperation between China and the United States.</b></p><p>Climate issues are one of the potential areas of cooperation between China and the United States. Both sides should promote the free flow of environmental products and services through methods such as eliminating tariff barriers, jointly develop clean technologies, and formulate methods and measures for pricing natural resources. \"Cooperation between the two countries on climate change is in the global interest.\"</p><p><b>// Jim Yong Kim, 12th President of the World Bank //</b></p><p><b>Investing in public health and epidemic prevention plays an important role in global financial stability.</b></p><p>It is essential to clearly demonstrate that investment in public health and epidemic prevention plays a crucial role in promoting global financial stability and strong economic growth. In my decades working in the global health field, I have never heard of<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Voices promoting public health investment remain silent, even now facing the worst pandemic in more than a century. I know some financial leaders who were relieved after getting vaccinated themselves, thinking the pandemic was over, at least for them.</p><p><b>// Chairman of the Rothschild Foundation //</b></p><p><b>Commodity inflation will spread globally.</b></p><p>Climate change is a major crisis facing everyone, and carbon neutrality must be achieved. It will affect regions and income distribution. China has also set very ambitious environmental goals for 2060 and is also reforming its transportation system. The world now needs to build a community with a shared future for mankind and evolve according to green and low-carbon development goals, and all countries should assume their individual responsibilities.</p><p>In response to the pandemic, countries have adopted loose monetary and fiscal policies, which has led to an increase in global commodity prices. After the pandemic, all these risks could lead to inflation, which in commodities will spread globally and affect all aspects of the market.</p><p><b>// IFF Co-Chair Herman Van Rompuy //</b></p><p><b>It is important to ensure that private and public debt is kept under control.</b></p><p>Countries have implemented expansionary monetary and budgetary policies to revive the economy and employment, and they have done a good job. However, we must ensure that private and public debt is kept under control. Fortunately, the financial industry is stronger today than it was a decade ago, but we still cannot exceed certain limits. Bubbles have already appeared in some markets, and we must ensure that new bubbles do not continue to emerge. Irrational expectations or undisguised speculation could lead to inflation in the present, thereby undermining financial stability, which is neither in the national nor global interest.</p><p><b>// UN Under-Secretary-General Almeida //</b></p><p><b>We must not forget the climate crisis.</b></p><p>The UN Economic and Social Council has consistently emphasized the need to rapidly address climate change and accelerate the green transition. Increase investment in low-carbon technologies. Improvements in renewable energy and energy efficiency will help meet emissions reduction goals and help us achieve the Sustainable Development Goals. Help member states reduce subsidies for fossil fuels. Governments in the Asia-Pacific region are encouraged to integrate their pandemic response policies with their clean energy development goals.</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>Live coverage of IFF 2021! Zhou Xiaochuan, the US Treasury Secretary, and others made significant</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\">\nLive coverage of IFF 2021! Zhou Xiaochuan, the US Treasury Secretary, and others made significant\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2021-05-30 07:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 29, the International Finance Forum (IFF) 2021 Spring Meeting was held in Beijing. The theme of this conference is \"The Post-Pandemic Era: Global Governance and International Cooperation\".</p><p><b>Li Chao, Vice Chairman of the China Securities Regulatory Commission (CSRC), Liang Tao of the China Banking and Insurance Regulatory Commission (CBIRC), Zhou Xiaochuan, Vice Chairman of the Chinese People's Political Consultative Conference (CPPCC), the Secretary-General of the United Nations, the</b></p><p>Combating illegal activities, protecting investors, improving risk control, streamlining administration and delegating power, curbing the real estate bubble, commodity prices, vaccines, economic recovery, and green and low-carbon development became the focus of the conference.</p><p><b>Li Chao, Vice Chairman of the China Securities Regulatory Commission</b></p><p><b>1. Strictly, severely, and swiftly crack down on egregious illegal and irregular activities such as market manipulation under the guise of market capitalization management.</b></p><p>We will thoroughly implement the new Securities Law and the amendments to the Criminal Law, continuously improve the legal foundation of the capital market, and severely and swiftly crack down on egregious illegal and irregular activities such as fraudulent issuance, financial fraud, and market manipulation under the guise of market capitalization management, so that those who do bad things will pay a heavy price.</p><p><b>2. Implement the nine-character policy of \"establishing systems, non-interference, and zero tolerance\".</b></p><p>The China Securities Regulatory Commission (CSRC) will closely follow the requirements of the 14th Five-Year Plan for the capital market, further implement the nine-character policy of \"establishing systems, non-intervention, and zero tolerance,\" and promote the capital market to better leverage its roles in resource allocation, risk mitigation, policy transmission, and expectation management.<a href=\"https://laohu8.com/S/HUBG\">hub</a>Its functions, while achieving its own high-quality development, better serve the construction of a new development pattern.</p><p><b>Better protect the legitimate rights and interests of small and medium-sized investors</b></p><p>We will regularly conduct litigation work on behalf of investor insurance institutions to better protect the legitimate rights and interests of investors, especially small and medium-sized investors, and further create a sound market development ecosystem.</p><p>The China Securities Regulatory Commission (CSRC) will focus on the key project of the registration-based IPO system reform, adhere to the principle of seeking progress while maintaining stability, conduct pilot program summaries, evaluations, improvements, and optimizations, improve relevant supporting systems and rules, actively create conditions for the registration-based IPO system reform across the entire market, and, driven by the registration system, promote the issuance, listing, trading, delisting, information disclosure, promote the fulfillment of responsibilities by intermediaries, strengthen supervision and risk prevention, and continuously optimize a series of key systems such as investor protection.</p><p><b>4. Improve the regulatory and risk control system for commodity futures.</b></p><p>We will work with relevant parties to actively promote the improvement of the basic system of the bond market, steadily advance the pilot implementation of publicly offered REITs in the infrastructure sector, cooperate in promoting the promulgation of the Futures Law, improve the regulatory and risk control system for commodity futures, and actively contribute to stabilizing prices and ensuring supply.</p><p><b>5. Combine deregulation with regulation to promote streamlining administration and delegating power with greater efforts.</b></p><p>We will further deepen the reform of streamlining administration, delegating power, and improving services, with a focus on combining delegation with regulation, and promote streamlining administration and delegating power with greater efforts. On the one hand, we will continue to firmly adhere to the principle of \" Wherever market mechanisms can play an effective role, we will resolutely delegate power to the market, reduce unnecessary regulations, continuously improve regulatory transparency and predictability, and further stimulate market vitality.</p><p>On the other hand, we must continue to focus on \"management\". Those that need to be regulated must be resolutely and effectively managed, adhering to scientific, classified, professional, and continuous supervision. We must further improve the institutional arrangements for strengthening in-process and post-process supervision, and ensure that various risks are clearly visible, explained, and safeguarded. We must continuously improve the technological and intelligent level of supervision and enhance its effectiveness.</p><p><b>Liang Tao, China Banking and Insurance Regulatory Commission</b></p><p><b>1. Global monetary policy divergence may cause asset bubbles to burst.</b></p><p>Global monetary policies are diverging and accelerating under a loose tone. The extent of policy easing in developed Western economies is unprecedented, decision-making independence has declined significantly, and means and tools have crossed traditional bottom lines. This not only leads to fiscal sustainability risks but also generates huge spillover effects, pushing up global debt levels and raising financial market bubbles and inflation expectations. While developed economies are adhering to low interest rate policies, some emerging economies have also recently declared rate hike, which may cause a repricing of global financial assets and even the bursting of asset bubbles.</p><p><b>2. Prevent large-scale inflows and outflows of hot money from disrupting emerging markets.</b></p><p>Risks know no borders. We should further strengthen multilateral and bilateral regulatory cooperation, jointly enhance risk monitoring efforts, improve risk monitoring methods, improve cross-border capital management policy tools, and strengthen the monitoring system for cross-border capital flows to prevent large-scale inflows and outflows of hot money from disrupting emerging markets.</p><p><b>3. Strengthen cooperation in financial supervision and jointly prevent financial risks.</b></p><p>In preventing financial crises and managing the spillover effects of international financial risks, we will strengthen international regulatory cooperation to promote global economic recovery and financial security and stability.</p><p><b>4. The trend of a real estate financial bubble has been curbed.</b></p><p>Financial leverage ratios have decreased significantly, the blind expansion of financial assets has been fundamentally reversed, the identification and disposal of non-performing assets in the banking industry have been greatly advanced, shadow banking has been dismantled in an orderly manner, financial illegal and criminal activities have been severely punished, the risks inherent in the illegal economy have been gradually resolved, the response to external risk shocks has been effective, the trend of real estate financial bubbles has been curbed, and local government debt risks have been basically controlled.</p><p><b>5. Rising prices of some international commodities require close attention.</b></p><p>Frequent fluctuations in international financial markets have led to increased volatility and vulnerability in financial markets as market inflation expectations and monetary policy shifts in developed countries have risen due to the recovery of the real economy. The rapid rise in US Treasury yields since February, along with the recent sharp increase in the prices of some international commodities, require close attention from all parties.</p><p><b>// Zhou Xiaochuan, Vice Chairman of the CPPCC</b></p><p><b>1. China was the G20 country with the largest amount of debt relief last year.</b></p><p>China has fully implemented its low-interest-rate initiative, providing debt relief totaling more than US$1.3 billion, making it the G20 country with the largest amount of debt relief. It is hoped that the IMF can further study the function of granting SDRs more functions as international reserve currencies, so that member countries can use and intervene in SDRs more flexibly to meet liquidity and public spending needs.</p><p><b>2. Unequal global vaccine distribution leads to a widening immunization gap</b></p><p>The current pandemic is still spreading repeatedly around the world. Mutant viruses have increased the complexity of pandemic prevention and control, and the unfair distribution of vaccines globally has led to a widening immunity gap. In the post-pandemic era, we should strengthen cooperation in vaccine research and development, production, and distribution, accelerate the implementation of vaccine implementation plans, provide more vaccines to developing countries in need, and improve the availability and affordability of vaccines.</p><p>At the same time, more and more countries recognize that addressing climate change is not only about sharing responsibility, but also about sharing opportunities for the development of green technologies and green industries, and need to promote the construction of a global mechanism for achieving carbon neutrality and governance. In addition, the pandemic has accelerated the digital transformation of the global economy, and the transformation of the digital economy also requires strengthening global co-governance and bridging the digital divide.</p><p><b>3. China will continue to serve as the world's factory and market.</b></p><p>Starting this year, China began implementing its 14th Five-Year Plan for Social and Economic Development, embarking on a new journey of building a modern socialist country in all respects and entering a new stage of development. China is accelerating the construction of a new development pattern with the domestic cycle as the mainstay and the domestic and international dual cycles promoting each other.</p><p>China will continue to serve as the world's factory and the world's market, expanding its opening-up while expanding domestic demand, focusing on promoting the opening-up of rules, regulations, management, standards and other systems, continuously creating a market-oriented, rule-of-law-based and international business environment, participating more actively in bilateral and multilateral regional cooperation, and promoting the joint construction of the \"Belt and Road\" with high quality.</p><p><b>Promote infrastructure connectivity</b></p><p>We will promote the implementation of the G20 principles of high-quality infrastructure investment, strengthen the effective connection and alignment between China's Belt and Road Initiative and regional and global connectivity initiatives such as the ASEAN Connectivity Master Plan 2025, the construction of the Eurasian Economic Union, and the EU's connection with Eurasia, adhere to the principles of consultation, joint construction, and shared benefits, make up for infrastructure gaps, enhance growth potential, and promote post-pandemic economic recovery and development.</p><p>At the same time, governments and multilateral development agencies should further improve the design of institutional development, establish incentive mechanisms, and attract more private sector funds to invest in sustainable infrastructure.</p><p><b>5. Strengthen coordination between RCEP and CPTPP agreements</b></p><p>China actively participates in WTO reform and unswervingly supports the multilateral trading system with the WTO at its core. At the same time, initiatives such as RCEP also help promote global trade and investment liberalization and facilitation, and drive the recovery of global trade and the reshaping of trade rules.</p><p>We hope to see RCEP signatories expedite their domestic review processes, advance negotiations on the trilateral free trade agreement between China, Japan, and South Korea, strengthen coordination between RCEP and the CPTPP agreement, and promote the establishment of an Asia-Pacific free trade agreement with a higher level of market openness and broader coverage.</p><p><b>// Li Dongrong, former vice governor of the People's Bank of China //</b></p><p><b>We will strive to establish international principles and guidelines for green finance.</b></p><p>It is recommended to focus on developing international principles and guidelines for green finance. We could consider drawing on the experiences and practices of the G20 High-Level Principles for Digital Inclusive Finance and the Paris Fintech Agenda of the International Monetary Fund and the World Bank, continuously summarizing and refining typical experiences and good practices in the field of green finance in various countries, and forming a set of guiding and applicable international principles and guidelines for green finance at the international organization level.</p><p><b>// Liu Jin, President of Bank of China //</b></p><p><b>Financing for exiting coal enterprises should be synchronized with the transformation of finance.</b></p><p>The announcement of China's carbon peaking and carbon neutrality goals reflects China's responsibility as the world's largest developing country, and will also inevitably trigger broad and profound systemic changes in the economy and society, bringing huge financial demand.</p><p>We must innovate sustainable financial credit products, promote the securitization of green credit assets, and innovate methods such as expected return collateral and equity pledge to carry out green equity collateral loan businesses such as pollution discharge rights, carbon emission rights, and energy use rights, so as to provide professional sub-services for various participating entities. At the same time, we will explore the development of transformation loans to support the credit products and services needed for the green and low-carbon transformation of industries such as energy and industry.</p><p>Liu Jin stated that many experts would say that financing for coal companies should be withdrawn as soon as possible, but I suggest that this withdrawal should be carried out in conjunction with the transformation of finance. Otherwise, if the withdrawal is too fast, both coal companies and our lending banks will suffer losses.</p><p><b>//UN Secretary-General António Guterres//</b></p><p><b>1. The G20 should extend the debt moratorium until 2022.</b></p><p>More support must be provided to developing countries on the brink of debt crisis. I have called on the G20 to further extend the debt moratorium until 2022 to help all countries, including middle-income countries, which must strengthen their international debt structure in addition to debt relief.</p><p><b>2. Progress has been made in the fight against the pandemic, but we still face a decade of lost development.</b></p><p>Over the past year, the pandemic has not only disrupted people's lives, but also affected the 2030 Sustainable Development Goals and global efforts to control temperatures. To reverse this trend, a more coordinated global and multilateral response is needed on many fronts.</p><p>The vaccine gap must be urgently filled, and there must be unity to produce and distribute all vaccines for all, especially for those underdeveloped countries. Global vaccine equity mechanisms can help achieve this goal.</p><p><b>3. Fossil fuel subsidies should be shifted to renewable energy subsidies.</b></p><p>We must intensify our construction efforts to enable the economy to recover from the pandemic, overcome the climate crisis, and achieve the goal of zero emissions. We must act now and ensure that the commitment to zero emissions has a reliable timeframe. This means shifting from subsidies for fossil fuels to subsidies for renewable energy, ending subsidies to the coal mining industry both domestically and internationally, and gradually phasing out the use of coal.</p><p><b>4. The global economy is indeed recovering.</b></p><p>South Korea has just announced that it will end new direct government support for international coal-fired power projects by the end of this year and hopes to see a similar commitment from the G7 climate ministers and other ministers.</p><p>Donor development finance institutions and multilateral development banks are urged to align their portfolios with the Paris Agreement, ensure that at least 50% of climate finance is used for adaptation and resilience, and support short-term actions in developing countries to finance their transition to renewable energy and climate-resilient development.</p><p><b>IMF Managing Director Kristalina Georgieva</b></p><p><b>1. China's average contribution to global economic growth will exceed one-quarter over the next five years.</b></p><p>The IMF raised its growth forecast for China this year to 8.4%, thanks to stronger net exports. “We also expect China to contribute more than a quarter of global economic growth on average between now and 2026.”</p><p>The IMF raised its global growth forecasts for 2021 and 2022 to 6% and 4.4%, respectively, \"as people gradually adapt to new ways of working, vaccination coverage expands, and countries continue to provide policy support, the outlook for economic growth is improving. Unconventional policy measures have prevented a worse outcome for the global economy; without these measures, the global economy would have contracted three times as much last year as it actually did.\"</p><p><b>2. By the end of the year, the vaccinated population will reach 40%.</b></p><p>The global economy is indeed recovering at present, but the path and pace of recovery are showing a very dangerous divergence-a few developed and emerging market economies are recovering strongly, while poor countries are lagging behind, \"mainly because the latter have policy space and vaccine coverage. Limited.\"</p><p>By the end of this year, 40% of the population in all countries should be vaccinated, and at least 60% by mid-2022. To this end, countries need to develop a comprehensive plan, provide funding first, donate vaccines first, and increase investment to prevent economic downside risks.</p><p><b>3. China's efforts are commendable.</b></p><p>IMF staff estimate that the program will cost about $50 billion worldwide. The benefits it brings will be enormous. From now until 2025, faster vaccination will increase output by $9 trillion, which will be the highest return on public investment in modern history! Currently, the anti-epidemic policy is indeed the best economic policy. \"In this regard, China's efforts are commendable. While continuing to accelerate its own vaccination, it is also providing vaccines to other countries.\"</p><p><b>// U.S. Treasury Secretary Paulson //</b></p><p><b>1. The United States and China should promote healthy competition as much as possible while avoiding unnecessary confrontation.</b></p><p>While avoiding unnecessary confrontation, it is in the interests of both the United States and China to promote healthy competition as much as possible. The two countries can adopt a \"targeted reciprocity\" approach, focusing primarily on reciprocal rules, market access, and actions. It cannot be a mechanical \"conditioned reflex,\" but rather in a way that serves the interests of businesses and workers in both countries. \"In this way, Sino-US relations can both compete and coordinate, and cooperate when it is in their own interests.\"</p><p><b>2. Climate issues are one of the potential areas of cooperation between China and the United States.</b></p><p>Climate issues are one of the potential areas of cooperation between China and the United States. Both sides should promote the free flow of environmental products and services through methods such as eliminating tariff barriers, jointly develop clean technologies, and formulate methods and measures for pricing natural resources. \"Cooperation between the two countries on climate change is in the global interest.\"</p><p><b>// Jim Yong Kim, 12th President of the World Bank //</b></p><p><b>Investing in public health and epidemic prevention plays an important role in global financial stability.</b></p><p>It is essential to clearly demonstrate that investment in public health and epidemic prevention plays a crucial role in promoting global financial stability and strong economic growth. In my decades working in the global health field, I have never heard of<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Voices promoting public health investment remain silent, even now facing the worst pandemic in more than a century. I know some financial leaders who were relieved after getting vaccinated themselves, thinking the pandemic was over, at least for them.</p><p><b>// Chairman of the Rothschild Foundation //</b></p><p><b>Commodity inflation will spread globally.</b></p><p>Climate change is a major crisis facing everyone, and carbon neutrality must be achieved. It will affect regions and income distribution. China has also set very ambitious environmental goals for 2060 and is also reforming its transportation system. The world now needs to build a community with a shared future for mankind and evolve according to green and low-carbon development goals, and all countries should assume their individual responsibilities.</p><p>In response to the pandemic, countries have adopted loose monetary and fiscal policies, which has led to an increase in global commodity prices. After the pandemic, all these risks could lead to inflation, which in commodities will spread globally and affect all aspects of the market.</p><p><b>// IFF Co-Chair Herman Van Rompuy //</b></p><p><b>It is important to ensure that private and public debt is kept under control.</b></p><p>Countries have implemented expansionary monetary and budgetary policies to revive the economy and employment, and they have done a good job. However, we must ensure that private and public debt is kept under control. Fortunately, the financial industry is stronger today than it was a decade ago, but we still cannot exceed certain limits. Bubbles have already appeared in some markets, and we must ensure that new bubbles do not continue to emerge. Irrational expectations or undisguised speculation could lead to inflation in the present, thereby undermining financial stability, which is neither in the national nor global interest.</p><p><b>// UN Under-Secretary-General Almeida //</b></p><p><b>We must not forget the climate crisis.</b></p><p>The UN Economic and Social Council has consistently emphasized the need to rapidly address climate change and accelerate the green transition. Increase investment in low-carbon technologies. Improvements in renewable energy and energy efficiency will help meet emissions reduction goals and help us achieve the Sustainable Development Goals. Help member states reduce subsidies for fossil fuels. Governments in the Asia-Pacific region are encouraged to integrate their pandemic response policies with their clean energy development goals.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/18f26a21557b2b9fbf841d276ecb7796","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173472838","content_text":"5月29日，国际金融论坛（IFF）2021春季会议在北京举行。此次会议的主题是“后疫情时代：全球治理与国际合作”。\n证监会副主席李超、银保监会梁涛、政协副主席周小川、联合国秘书长、IMF总裁、美国财长等人在国际金融论坛发表重磅讲话。\n打击违法、保护投资者、完善风控、简政放权、遏制地产泡沫、大宗商品价格、疫苗、经济复苏、绿色低碳成为大会关注的焦点。\n//  证监会副主席李超  //\n1、从严从重从快打击以市值管理之名行市场操纵之实等恶性违法违规行为\n将深入贯彻新证券法和刑法修正案，持续完善资本市场法治基础，从严从重从快打击欺诈发行、财务造假以及以市值管理之名行市场操纵之实等恶性违法违规行为，让做坏事之人付出沉痛代价。\n2、落实“建制度、不干预、零容忍”九字方针\n证监会将紧紧围绕“十四五”规划对资本市场的部署要求，进一步落实“建制度、不干预、零容忍”九字方针，促进资本市场更好发挥资源配置、风险缓释、政策传导、预期管理等方面的枢纽功能，在实现自身高质量发展的同时，更好服务构建新发展格局。\n3、更好保护中小投资者合法权益\n常态开展投保机构代表人诉讼工作，更好保护投资者特别是中小投资者合法权益，进一步营造良好的市场发展生态。\n证监会将紧扣注册制改革这个牛鼻子工程，坚持稳中求进，做好试点总结评估和改进优化，完善相关配套制度规则，为全市场注册制改革积极创造条件，并以注册制为牵引，推进发行、上市、交易、退市、信息披露以及促进中介机构归位尽责，强化监管和风险防范，加强投资者保护等一系列关键制度持续优化。\n4、完善大宗商品期货监管和风控制度\n会同有关方面积极推动完善债券市场基础制度，稳步推进基础设施领域公募REITs试点落地，配合推动期货法出台，完善大宗商品期货监管和风控制度，为稳价保供积极贡献力量。\n5、放管结合，以更大力度推进简政放权\n将进一步深化“放管服”改革，重点突出放管结合，以更大力度推进简政放权。一方面，继续坚定“放”。凡是市场机制能有效发挥作用的领域，坚决放权于市场，减少不必要的管制，不断提升监管透明和可预期性，进一步激发市场活力。\n另一方面，持续抓好“管”。该监管的定要坚决管住管好，坚持科学监管、分类监管、专业监管、持续监管，进一步完善加强事中事后监管的制度安排，对各类风险做到看得明、说得清、守得住。要不断提升监管的科技化、智能化水平，增强监管的有效性。\n//  银保监会梁涛  //\n1、全球货币政策分化或造成资产泡沫破灭\n全球货币政策在宽松的基调下分化加速，西方发达经济体政策宽松幅度前所未有，决策独立性明显下降，手段工具突破传统底线，不但导致财政可持续风险，而且产生巨大外溢效应，推高全球债务规模，推升金融市场泡沫和通胀预期。在发达经济体坚持低利率政策同时，近期一些新兴经济体也立即宣布加息，可能引起全球金融资产重新定价，甚至造成资产泡沫的破灭。\n2、防范热钱大进大出，对新兴市场带来扰动\n风险无国界，应进一步加强多双边监管合作，共同加强风险监测力度，提升风险监测手段，完善跨境资本管理政策工具，健全跨境资本流动的监测体系，防范热钱大进大出，对新兴市场带来扰动。\n3、加强金融监管合作，共同防范金融风险\n在防范金融危机，管控国际金融风险溢出效应方面，加强国际监管合作，促进全球经济恢复和金融安全稳定。\n4、房地产金融泡沫化势头得到遏制\n金融杠杆率明显下降，金融资产盲目扩张得到了根本扭转，银行业不良资产的认定和处置大步推进，影子银行得到有序的拆解，金融违法犯罪行为受到了严厉惩处，不法经济隐含的风险逐步化解，外部风险冲击应对有效，房地产金融泡沫化势头得到遏制，地方政府的债务风险基本控制。\n5、部分国际大宗商品价格上涨需高度关注\n国际金融市场的波动频繁，伴随实体经济复苏市场通胀预期和发达国家的货币政策转向预期升温，金融市场波动加大，脆弱性有所上升。2月份以来美债收益率快速上升，近期部分国际大宗商品价格大幅度上涨等等，需要引起各方面高度关注。\n//  政协副主席周小川  //\n1、中国是G20国家中去年落实缓债金额最大的国家\n中国全面落实低息倡议，提供了总额超过13亿美元的缓债，是G20国家中落实缓债金额中最大的国家。希望IMF能进一步研究赋予SDR更多的国际储备货币的功能，使成员国更灵活地使用和介入SDR，用来应对流动性和公共支出的需要。\n2、全球疫苗分配不公导致免疫鸿沟扩大\n当前疫情仍在全球蔓延反复，变异病毒加大疫情防控复杂性，全球疫苗分配不公导致免疫鸿沟扩大，后疫情时代应加强疫苗研发、生产、分配的合作，加速推进疫苗实施计划，向有需要的发展中国家提供更多疫苗，提高疫苗的可得性和可负担行。\n同时越来越多的国家认识到应对气候变化不仅是分担责任，更是分享绿色技术和绿色产业发展的机会，需要推进构建全球实现碳中和和治理机制。此外，疫情推动全球经济加速向数字化转型，数字经济转型也需要加强全球共治，弥补数字鸿沟。\n3、中国将继续当好世界工厂和世界市场\n今年起中国开始实施社会经济发展第十四个五年计划，开启全面建设社会主义现代化国家的新征程，进入新发展阶段，中国正在加快构建以国内大循环为主体、国内国际双循环相促进的新发展格局。\n中国将继续当好世界工厂和世界市场，在扩大内需的同时继续扩大开放，着力推动规则、规制、管理、标准等制度的开放，持续营造市场化、法治化、国际化的营商环境，更加积极参与双边、多边区域合作，高质量推进共建“一带一路”。\n4、推动基础设施连通\n推进落实G20高质量基础设施投资原则，加强中国“一带一路”倡议与东盟互联互通总体规划2025、欧亚经济联盟建设、欧盟连接欧亚等区域性全球性互联互通倡议的有力衔接，并对接，坚持共商、共建、共享，弥补基础设施缺口，提高增长潜力，推动疫情后经济恢复与发展。\n同时各国政府、多边开发机构应进一步改进制度建设的设计，建立激励机制，吸引更多的私人部门基金投入可持续的基础设施。\n5、加强RCEP与CPTPP协定的协同\n中国积极参与世贸组织改革，毫不动摇地支持以世贸组织为核心的多边贸易体制。与此同时，如RCEP等也有助于促进全球贸易投资自由化、便利化，推动全球贸易复苏、贸易规则的重塑。\n我们希望看到RCEP签约国加快国内审核的程序，中日韩三国自贸协定谈判向前推进，同时，加强RCEP与CPTPP协定的协同，推动建成市场开放水平更高、覆盖面更广的亚太自由贸易协定”。\n//  央行原副行长李东荣  //\n着力形成绿色金融国际原则指引。\n建议着力形成绿色金融国际原则指引，可以考虑借鉴G20数字普惠金融高级原则以及国际货币基金组织和世界银行巴黎金融科技议程等经验做法，不断总结提炼各国绿色金融领域的典型经验和良好实践，在国际组织层面形成一套具有指导性和适用性的绿色金融国际原则指引。\n//  中行行长刘金  //\n退出煤炭企业融资要和转型金融同步。\n中国碳达峰和碳中和目标的宣布，体现了中国作为全球最大发展中国家的责任担当，同时也必将引起经济社会广泛而深刻的系统性变革，带来巨大的金融需求。\n要创新可持续金融信贷产品，推进绿色信贷资产证券化，创新预期收益抵押，股权质押等方式开展排污权、碳排放权、用能权等绿色权益抵押质押贷款业务，为各类参与主体提供专业化的子服务。同时探索发展转型贷款，支持能源和工业等行业绿色低碳转型所需要的信贷产品和服务。\n刘金表示，很多专家都会说要尽快退出煤炭企业的融资，但是我建议，这个退出也要和转型金融同步进行，否则退的太快，煤炭企业和我们贷款银行都会蒙受损失。\n//  联合国秘书长古特雷斯  //\n1、20国集团应将暂停偿债延长到2022年\n必须为那些处于债务危机边缘的发展中国家提供更多的支持。我已经呼吁了20国集团将暂停偿债进一步延长到2022年，以帮助那些中等收入国家在内的所有的国家除了债务减免之外必须加强国际债务结构。\n2、抗击疫情取得进展，但我们仍面临失去发展的十年\n一年多来疫情不仅颠覆了人们的生活，还影响了2030年可持续发展目标、全球控温的努力。要扭转这一趋势，需要在多个方面采取更加协调一致的全球和多边对策。\n必须紧急填补疫苗的缺口，必须团结起来为所有人生产和分配所有的疫苗，特别是为那些落后的国家提供疫苗。全球疫苗公平机制可以帮助实现这一目标。\n3、化石燃料补贴要转向可再生能源补贴\n必须加大建设的力度，使经济能够从疫情中恢复过来，使人们克服气候危机，实现零排放的目标，必须现在采取行动，必须保证零排放的承诺有可靠的时间点。这意味着从化石燃料的补贴转化向可再生能源的补贴，意味着在国内和国外均停止资助煤矿产业并逐步淘汰煤炭的使用。\n4、当前全球经济的确在复苏\n韩国刚刚宣布在今年年底之前停止政府对国际燃煤发电项目提供新的直接支持，希望看到七国集团的气候部长和其它部长做出类似的承诺。\n要捐赠者发展融资机构和多边开发银行，使其投资组合与巴黎协定保持一致，确保至少50%的气候融资用于适应和复原，并且支持发展中国家的短期行动，资助其向可再生能源和气候适应性发展的过渡。\n//  IMF总裁克里斯塔利娜·格奥尔基耶娃  //\n1、未来5年中国对全球经济增长的平均贡献率将超过四分之一\nIMF将中国今年的增长预测上调到了8.4%，这得益于净出口的增强。“我们还预计，从现在到2026年，中国对全球经济增长的平均贡献率将超过四分之一。”\nIMF将2021和2022年的全球增长预测上调至6%和4.4%，“因为人们逐渐适应了新的工作方式，疫苗接种的范围也不断扩大，并且各国仍在继续提供政策支持，经济增长的前景正在改善。超常规的政策措施使得全球经济避免了更糟糕的结果，如果没有这些措施，去年全球经济萎缩的程度将会是实际状况的3倍。”\n2、年底接种疫苗人口达到40%\n当前全球经济的确在复苏，但复苏的路径和步伐正呈现出非常危险的分化——少数发达和新兴市场经济体的复苏势头强劲，而贫穷国家则落在后面，“主要是因为后者在政策空间和疫苗普及程度方面是有限的。”\n到今年年底，所有国家接种疫苗的人口应达到40%，到2022年年中至少达到60%。为此，各国需要制定一项全面的计划，先行提供资金，先行捐赠疫苗，以及增加投资以防范经济下行风险。\n3、中国付出的努力值得称赞\nIMF工作人员估计，这项计划在全球范围内的成本约为500亿美元。而它带来的好处将是巨大的，从现在到2025年，更快的疫苗接种将会使得产出增加9万亿美元，这将是现代历史上最高的公共投资回报！目前，抗疫政策确实是最好的经济政策，“在这方面，中国付出的努力值得称赞，在继续加快本国疫苗接种的同时，也向其他国家提供疫苗”。\n//  美国财政部长保尔森  //\n1、美中两国在避免不必要对抗的情况下，应尽可能推动良性竞争\n在避免不必要对抗的情况下，应尽可能推动良性竞争，这符合美中两国的利益。两国可采用“定向互惠”的方式，主要关注互惠的规则、市场准入和行动。不能机械式地“条件反射”，而是以一种符合两国企业和工人利益的方式。“这样一来，中美关系既可以竞争，也可以协调，在符合自身利益的时候还可以合作。”\n2、“气候问题”是中美两国潜在合作领域之一\n“气候问题”是中美两国潜在合作领域之一，双方应通过消除关税壁垒等方法来促进环境产品和服务的自由流通，共同开发清洁技术，并制定自然资源定价的方法和措施，“两国在气候变化方面的合作符合世界利益”。\n//  第12任世界银行行长金墉  //\n投资公共卫生防疫对全球金融稳定有重要作用。\n要清楚明确地表明投资公共卫生防疫领域对促进全球金融稳定和经济强劲增长起着至关重要的作用。在我从事全球卫生领域工作的数十年中，没有听到金融界促进公共卫生投资的声音，即使是现在面临着一百多年来最严重的大流行病，这种沉默依然存在。我深知一些金融领域的领导人在自己接种了疫苗后如释重负，认为大流行病已经结束了，至少对他们来说是这样的。\n//  罗斯柴尔德基金会主席  //\n大宗商品通胀会在全球蔓延。\n气候变化是所有人面临的重大危机，必须要达到碳中和，它将影响到地区以及收入的分配。中国也做出了2060年的关于在环境方面的非常雄伟的目标，而且也要对自己的交通体系进行改革。现在世界需要建立一个人类命运共同体，并且根据绿色和低碳的发展目标来进行演进，所有的国家都应该承担起自己个人的责任。\n应对疫情各国采取了宽松的货币政策和财政政策，这使得世界的大宗商品的价格也在增长。疫情之后，所有的这些风险都有可能带来通胀，大宗商品的通胀会在全球蔓延，而且会影响到市场的方方面面。\n//  IFF联合主席范龙佩  //\n必须确保将私人和公共债务维持在可控范围内。\n各国实施了扩张性货币和预算政策，以重振经济和就业，这些工作都做得很好。然而，我们必须确保将私人和公共债务维持在可控范围内。幸运的是，今天的金融行业比十年前要更加强大，但是我们仍然不能超过某些限度。部分市场上已经出现了泡沫，我们必须确保不会继续产生新的泡沫。非理性的预期行为或者是不加掩饰的投机行为，在当下会导致通货膨胀，进而破坏金融稳定，这不符合国家的利益，也不符合全球的利益。\n//  联合国副秘书长阿尔米达  //\n不能忘记了气候危机。\n联合国经社理事会一直在强调有必要快速地应对气候变化，要加速绿色转型。加大投资低碳技术。说可再生能源和能效的提高，这将会帮助满足减少排放的目标，并且帮助我们实现可持续发展目标。帮助成员国减少对化石燃料的补贴。鼓励亚太地区的政府将他们应对疫情的政策和清洁能源发展的目标进行整合。","news_type":1,"symbols_score_info":{"PSAC":0.9}},"isVote":1,"tweetType":1,"viewCount":4564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137144051,"gmtCreate":1622333116873,"gmtModify":1704183021789,"author":{"id":"3573267026077628","authorId":"3573267026077628","name":"阿麦小乔","avatar":"https://static.tigerbbs.com/234561fa04246ad0d2b52dbc39a5b523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573267026077628","idStr":"3573267026077628"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137144051","repostId":"1153982941","repostType":4,"isVote":1,"tweetType":1,"viewCount":5342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}