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2021-06-19

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Highly contagious cases sweep the globe! The US, UK, and Germany warn that the Delta variant will soon become mainstream.

2021-06-17

???

Youran Animal Husbandry has an 80% success rate in a single lot, with one lot guaranteed after subscribing to 3 lots.

2021-06-22

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Spark Thinking submitted its IPO application in the US, with first-quarter revenue growing by 202.7%.

2021-06-21

666

Opening: US stocks opened higher across the board, with most US infrastructure concepts rising.

2021-06-22

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Guichuang Tongqiao-B begins its IPO today, with an entry fee of approximately HK$21,565.15 per lot.

2021-06-21

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At its peak, pullback/retracement reached nearly 30%. Can China Duty Free Group still hold on?

2021-06-19

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While the Federal Reserve is turning hawkish, Goldman Sachs is once again bullish on gold: an excellent defensive asset.

2021-06-19

good

Huawei's white paper sends a significant signal: AR is expected to usher in a "true era".

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09:20","market":"hk","language":"zh","title":"Guichuang Tongqiao-B begins its IPO today, with an entry fee of approximately HK$21,565.15 per lot.","url":"https://stock-news.laohu8.com/highlight/detail?id=1175917752","media":"老虎资讯综合","summary":"6月22日讯，归创通桥-B港交所公告，公司于2021年6月22日-25日招股，拟全球发售6000万股H股，香港公开发售占10%，国际发售占90%，另有15%超额配股权。每股39.8-42.7港元，每手","content":"<p>June 22nd news,<a href=\"https://laohu8.com/S/02190\">Guichuang Tongqiao-B</a>The Hong Kong Stock Exchange announced that the company will conduct an IPO from June 22 to 25, 2021, with a proposed global offering of 60 million H shares, of which 10% will be offered in Hong Kong, 90% will be offered internationally, and there will be an over-allotment option of 15%. The shares are expected to be listed on the Main Board of the Stock Exchange on July 5, 2021, at HK$39.8-42.7 per share, with 500 shares per lot. Morgan Stanley and CITIC Securities are the joint sponsors.</p><p><b>Tiger Trade will open for subscription at 11:30.</b><a href=\"https://www-web.itiger.com/mi/ipo/index/hk/listing\" target=\"_blank\"><b>Subscription portal</b></a><b>】</b></p><p><img src=\"https://static.tigerbbs.com/5ccb18cb1738a92a6923b389fc572338\" tg-width=\"845\" tg-height=\"754\" referrerpolicy=\"no-referrer\"></p><p><b>Subscription ladder:</b></p><p>Each lot contains 500 shares, with an entry fee of HK$21,565.15.</p><p>The threshold for Group B is 200,000 shares, and the funds required for subscription are approximately HK$8,626,057.58.</p><p><img src=\"https://static.tigerbbs.com/5b4abbd517a0577df2659dfacaca93e3\" tg-width=\"869\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p><p>In terms of its comprehensive product portfolio, the company is a leader in China's neurological and peripheral vascular interventional medical device market. As a comprehensive medical device company supported by independent R&D and manufacturing capabilities, proprietary technology platforms, and proven commercialization capabilities, and led by an experienced management team, the company provides medical devices for the treatment and management of neurological and peripheral vascular diseases to doctors and patients in China and overseas. The company's current treatment areas include acute ischemic stroke (AIS), intracranial aneurysms, carotid artery stenosis, peripheral arterial and venous diseases, and dialysis-related diseases.</p><p>According to Frost & Sullivan, the company has 22 approved products and product candidates. Among domestic players in China, the company has the most comprehensive portfolio of peripheral vascular interventional products, covering a full range of arterial and venous products such as stents, balloons, catheters and filters. In addition, the company's product portfolio also includes two vascular closure device candidates, making the company the first medical device company in China to develop a vascular closure device candidate. Since its establishment in 2012, the company has systematically and comprehensively developed 45 products and product candidate portfolios, covering the neurological and peripheral vascular device market and the vascular closure device market, all of which are characterized by serious insufficient penetration and rapid development. The company's two core products are the Jiaolong intracranial thrombectomy stent and the UltrafreeTM drug-eluting PTA balloon dilatation catheter (Ultrafree DCB). These two core products have been commercialized in China, and the company is conducting further research and development on these two core products.</p><p>Financial data shows that in 2019 and 2020, the company achieved revenue of RMB 4.917 million and RMB 27.631 million, respectively; The net losses were approximately RMB 66.647 million and RMB 100 million, respectively. The majority of the operating losses were attributable to costs incurred by the Company in selling and distribution expenses, research and development expenses and administrative expenses related to going concern.</p><p><img src=\"https://static.tigerbbs.com/7ae57878256177f384fa6f1f7336dc10\" tg-width=\"667\" tg-height=\"810\" referrerpolicy=\"no-referrer\"></p><p>In addition, the company will continue to incur huge losses in 2021 as it continues to invest heavily in research and development activities to expand the development of its product candidates and seek regulatory approval for them.</p><p>The announcement stated that the company has entered into cornerstone investment agreements with 12 cornerstone investors, who have agreed, subject to certain conditions, to subscribe for a certain number of offer shares at the offer price, which can be purchased for a total amount of US$145 million.</p><p>To the best of the Company's knowledge, except that AIHC, Cormorant, Hudson Bay, Lake Bleu Prime and Octagon are all existing shareholders of the Company or their close associates, each of the Cornerstone Investors is an independent third party and is not a related party of the Company. Among them, Gaoling Fund, LP, YHG Investment, LP, and Fidelity International Lake Bleu Prime, Boyu Capital Opportunity Master Fund, AIHC Master Fund, Hudson Bay and Snow Lake Fund The subscription amounts were $30 million, $20 million, $20 million, $16 million, $16 million, $10 million, and $10 million, respectively.</p><p><img src=\"https://static.tigerbbs.com/9817ed27c529206fe64fd47ee9d9ddd2\" tg-width=\"610\" tg-height=\"726\" referrerpolicy=\"no-referrer\"></p><p>Assuming the Over-allotment Option is not exercised and the Offer Price is HK$41.25 per Share, the net proceeds from the Global Offering will be approximately HK$2.314 billion. Approximately 12.5% will be allocated to the continued research, development, production, and commercialization of the Jiaolong intracranial thrombectomy stent; Approximately 24.5% will be allocated to the continued research, development, production, and commercialization of the core product, Ultrafree DCB; Approximately 11.0% will be allocated to the continued research and development, production, and commercialization of the other five major products; Approximately 40.0% will be allocated to the other 38 products and pipelines under development to develop a product portfolio to provide full-line solutions. Approximately 3.0% will be allocated to further upgrading research and development facilities; Approximately 4.0% is allocated for potential strategic acquisitions, investments, licensed introductions, or cooperation; and approximately 5.0% will be used for working capital and general corporate purposes.</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>Guichuang Tongqiao-B begins its IPO today, with an entry fee of approximately HK$21,565.15 per lot.</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\">\nGuichuang Tongqiao-B begins its IPO today, with an entry fee of approximately HK$21,565.15 per lot.\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\">2021-06-22 09:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>June 22nd news,<a href=\"https://laohu8.com/S/02190\">Guichuang Tongqiao-B</a>The Hong Kong Stock Exchange announced that the company will conduct an IPO from June 22 to 25, 2021, with a proposed global offering of 60 million H shares, of which 10% will be offered in Hong Kong, 90% will be offered internationally, and there will be an over-allotment option of 15%. The shares are expected to be listed on the Main Board of the Stock Exchange on July 5, 2021, at HK$39.8-42.7 per share, with 500 shares per lot. Morgan Stanley and CITIC Securities are the joint sponsors.</p><p><b>Tiger Trade will open for subscription at 11:30.</b><a href=\"https://www-web.itiger.com/mi/ipo/index/hk/listing\" target=\"_blank\"><b>Subscription portal</b></a><b>】</b></p><p><img src=\"https://static.tigerbbs.com/5ccb18cb1738a92a6923b389fc572338\" tg-width=\"845\" tg-height=\"754\" referrerpolicy=\"no-referrer\"></p><p><b>Subscription ladder:</b></p><p>Each lot contains 500 shares, with an entry fee of HK$21,565.15.</p><p>The threshold for Group B is 200,000 shares, and the funds required for subscription are approximately HK$8,626,057.58.</p><p><img src=\"https://static.tigerbbs.com/5b4abbd517a0577df2659dfacaca93e3\" tg-width=\"869\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p><p>In terms of its comprehensive product portfolio, the company is a leader in China's neurological and peripheral vascular interventional medical device market. As a comprehensive medical device company supported by independent R&D and manufacturing capabilities, proprietary technology platforms, and proven commercialization capabilities, and led by an experienced management team, the company provides medical devices for the treatment and management of neurological and peripheral vascular diseases to doctors and patients in China and overseas. The company's current treatment areas include acute ischemic stroke (AIS), intracranial aneurysms, carotid artery stenosis, peripheral arterial and venous diseases, and dialysis-related diseases.</p><p>According to Frost & Sullivan, the company has 22 approved products and product candidates. Among domestic players in China, the company has the most comprehensive portfolio of peripheral vascular interventional products, covering a full range of arterial and venous products such as stents, balloons, catheters and filters. In addition, the company's product portfolio also includes two vascular closure device candidates, making the company the first medical device company in China to develop a vascular closure device candidate. Since its establishment in 2012, the company has systematically and comprehensively developed 45 products and product candidate portfolios, covering the neurological and peripheral vascular device market and the vascular closure device market, all of which are characterized by serious insufficient penetration and rapid development. The company's two core products are the Jiaolong intracranial thrombectomy stent and the UltrafreeTM drug-eluting PTA balloon dilatation catheter (Ultrafree DCB). These two core products have been commercialized in China, and the company is conducting further research and development on these two core products.</p><p>Financial data shows that in 2019 and 2020, the company achieved revenue of RMB 4.917 million and RMB 27.631 million, respectively; The net losses were approximately RMB 66.647 million and RMB 100 million, respectively. The majority of the operating losses were attributable to costs incurred by the Company in selling and distribution expenses, research and development expenses and administrative expenses related to going concern.</p><p><img src=\"https://static.tigerbbs.com/7ae57878256177f384fa6f1f7336dc10\" tg-width=\"667\" tg-height=\"810\" referrerpolicy=\"no-referrer\"></p><p>In addition, the company will continue to incur huge losses in 2021 as it continues to invest heavily in research and development activities to expand the development of its product candidates and seek regulatory approval for them.</p><p>The announcement stated that the company has entered into cornerstone investment agreements with 12 cornerstone investors, who have agreed, subject to certain conditions, to subscribe for a certain number of offer shares at the offer price, which can be purchased for a total amount of US$145 million.</p><p>To the best of the Company's knowledge, except that AIHC, Cormorant, Hudson Bay, Lake Bleu Prime and Octagon are all existing shareholders of the Company or their close associates, each of the Cornerstone Investors is an independent third party and is not a related party of the Company. Among them, Gaoling Fund, LP, YHG Investment, LP, and Fidelity International Lake Bleu Prime, Boyu Capital Opportunity Master Fund, AIHC Master Fund, Hudson Bay and Snow Lake Fund The subscription amounts were $30 million, $20 million, $20 million, $16 million, $16 million, $10 million, and $10 million, respectively.</p><p><img src=\"https://static.tigerbbs.com/9817ed27c529206fe64fd47ee9d9ddd2\" tg-width=\"610\" tg-height=\"726\" referrerpolicy=\"no-referrer\"></p><p>Assuming the Over-allotment Option is not exercised and the Offer Price is HK$41.25 per Share, the net proceeds from the Global Offering will be approximately HK$2.314 billion. Approximately 12.5% will be allocated to the continued research, development, production, and commercialization of the Jiaolong intracranial thrombectomy stent; Approximately 24.5% will be allocated to the continued research, development, production, and commercialization of the core product, Ultrafree DCB; Approximately 11.0% will be allocated to the continued research and development, production, and commercialization of the other five major products; Approximately 40.0% will be allocated to the other 38 products and pipelines under development to develop a product portfolio to provide full-line solutions. Approximately 3.0% will be allocated to further upgrading research and development facilities; Approximately 4.0% is allocated for potential strategic acquisitions, investments, licensed introductions, or cooperation; and approximately 5.0% will be used for working capital and general corporate purposes.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"02190":"归创通桥"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175917752","content_text":"6月22日讯，归创通桥-B港交所公告，公司于2021年6月22日-25日招股，拟全球发售6000万股H股，香港公开发售占10%，国际发售占90%，另有15%超额配股权。每股39.8-42.7港元，每手500股，摩根士丹利及中信证券为联席保荐人，预期股份将于2021年7月5日于联交所主板挂牌上市。\nTiger Trade将于11:30开放申购【申购入口】\n\n申购阶梯：\n每手500股，入场费21565.15港元。\n乙组门槛为20万股，申购所需资金约8626057.58港元。\n\n就公司全面的产品组合而言，公司是中国神经和外周血管介入医疗器械市场的领导者。作为一家以自主研发及制造能力、专有技术平台及经良好往绩记录证实的商业化能力为支撑，并由经验丰富的管理团队带领的综合医疗器械公司，公司为中国及海外的医生和患者提供治疗及应对神经和外周血管疾病的医疗器械。公司目前的治疗领域包括急性缺血性脑卒中(AIS)、颅内动脉瘤、颈动脉狭窄、外周动脉和静脉疾病及透析相关疾病。\n根据弗若斯特沙利文的资料，公司拥有22款获批产品及候选产品，在中国的国内参与者中，公司拥有最全面的外周血管介入产品组合，涵盖支架、球囊、导管和滤器等全系列动脉和静脉产品。此外，公司的产品组合亦包括两款血管闭合装置候选产品，使公司成为国内首家开发出血管闭合装置候选产品的医疗器械公司。自2012年创立以来，公司已系统、全面地开发出45款产品及候选产品组合，涵盖神经及外周血管器械市场及血管闭合装置市场，这些市场都存在渗透率严重不足且发展迅速的特点。公司的两款核心产品是蛟龙颅内取栓支架和UltrafreeTM药物洗脱PTA球囊扩张导管(Ultrafree DCB)，这两款核心产品已在中国实现商业化，且公司正在对这两款核心产品展开进一步研发。\n财务资料显示，于2019年及2020年，实现收入分别为人民币491.7万元及2763.1万元;净亏损分别为约人民币6664.7万元及1亿元。经营亏损的绝大部分是由公司的销售及分销开支、研发开支以及与持续经营相关的行政开支所产生的成本所致。\n\n此外，将于2021年继续产生巨额亏损，原因是公司继续大力投资研发活动，以扩大对候选产品的开发及寻求候选产品的监管批准。\n公告称，公司已与12位基石投资者订立基石投资协议，基石投资者已同意在若干条件的规限下，按发售价认购以总金额1.45亿美元可购买的一定数目的发售股份。\n据公司所深知，除AIHC、Cormorant、Hudson Bay、Lake Bleu Prime及 Octagon均为公司现有股东或彼等的紧密联系人外，各基石投资者均为独立第三方且并非公司的关联人士。其中，Gaoling Fund, L.P.及 YHG Investment, L.P、富达国际、Lake Bleu Prime、Boyu Capital Opportunity Master Fund、AIHC Master Fund 、Hudson Bay及Snow Lake Fund认购额分别为3000万美元、2000万美元、2000万美元、1600万美元、1600万美元、1000万美元及1000万美元。\n\n假设超额配售权未获行使且假设发售价为每股股份41.25港元，全球发售净筹约23.14亿港元。约12.5%将被分配予蛟龙颅内取栓支架的持续研发、生产及商业化;约24.5%将被分配予核心产品Ultrafree DCB的持续研发、生产及商业化; 约11.0%将被分配予其他5款主要产品的持续研发、生产及商业化;约40.0%将被分配予其他38款产品及在研管线，以便开发产品组合以提供全线解决方案。约3.0%将分配予进一步升级研发设施;约4.0%被分配用于潜在战略收购、投资、授权引进或合作;及约5.0%将用于营运资金及一般公司用途。","news_type":1,"symbols_score_info":{"02190":0.9}},"isVote":1,"tweetType":1,"viewCount":3809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120124565,"gmtCreate":1624316400957,"gmtModify":1703833071809,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120124565","repostId":"1131452883","repostType":4,"repost":{"id":"1131452883","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":1624290305,"share":"https://ttm.financial/m/news/1131452883?lang=en_US&edition=fundamental","pubTime":"2021-06-21 23:45","market":"us","language":"zh","title":"Spark Thinking submitted its IPO application in the US, with first-quarter revenue growing by 202.7%.","url":"https://stock-news.laohu8.com/highlight/detail?id=1131452883","media":"老虎资讯综合","summary":"据美国证券交易委员会文件：火花思维教育科技公司提交在美IPO申请，拟筹资达1亿美元，寻求在纳斯达克上市，股票代码为SPRK。\n招股书显示，火花思维2019年营收为1.95亿元，2020年营收为11.7","content":"<p>According to U.S. Securities and Exchange Commission filings, Spark Thinking Education Technology has filed for an IPO in the United States, aiming to raise $100 million and seek to list on Nasdaq under the ticker symbol SPRK.</p><p>According to the prospectus, Spark Thinking's revenue was 195 million yuan in 2019 and 1.174 billion yuan in 2020, representing a year-on-year increase of 502.1%. Spark Thinking suffered a net loss of 771 million yuan in 2019, 952 million yuan in 2020, and a cumulative loss of 1.723 billion yuan in the past two years.</p><p>For the first quarter ending March 31, Spark Thinking's revenue was 454 million yuan, a year-on-year increase of 202.7%. In the first quarter, Spark Thinking reported a net loss of 374 million yuan, an increase of 78.95% compared to the first quarter of 2020.</p><p>The loss was mainly due to the rapid growth in selling and marketing expenses. According to the prospectus, in 2019, Spark Thinking's sales and marketing expenses, R&D expenses and general administrative expenses were RMB 236 million, RMB 240 million and RMB 128 million, respectively. In 2020, these three expenditures were 798 million yuan, 327 million yuan, and 178 million yuan, respectively.</p><p>In the first quarter of 2021, Spark Thinking's sales and marketing expenses were RMB 343 million, an increase of 203.5% compared to the first quarter of 2020. R&D investment was 144 million yuan, an increase of 107.7% compared to the first quarter of 2020.</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>Spark Thinking submitted its IPO application in the US, with first-quarter revenue growing by 202.7%.</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\">\nSpark Thinking submitted its IPO application in the US, with first-quarter revenue growing by 202.7%.\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\">2021-06-21 23:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>According to U.S. Securities and Exchange Commission filings, Spark Thinking Education Technology has filed for an IPO in the United States, aiming to raise $100 million and seek to list on Nasdaq under the ticker symbol SPRK.</p><p>According to the prospectus, Spark Thinking's revenue was 195 million yuan in 2019 and 1.174 billion yuan in 2020, representing a year-on-year increase of 502.1%. Spark Thinking suffered a net loss of 771 million yuan in 2019, 952 million yuan in 2020, and a cumulative loss of 1.723 billion yuan in the past two years.</p><p>For the first quarter ending March 31, Spark Thinking's revenue was 454 million yuan, a year-on-year increase of 202.7%. In the first quarter, Spark Thinking reported a net loss of 374 million yuan, an increase of 78.95% compared to the first quarter of 2020.</p><p>The loss was mainly due to the rapid growth in selling and marketing expenses. According to the prospectus, in 2019, Spark Thinking's sales and marketing expenses, R&D expenses and general administrative expenses were RMB 236 million, RMB 240 million and RMB 128 million, respectively. In 2020, these three expenditures were 798 million yuan, 327 million yuan, and 178 million yuan, respectively.</p><p>In the first quarter of 2021, Spark Thinking's sales and marketing expenses were RMB 343 million, an increase of 203.5% compared to the first quarter of 2020. R&D investment was 144 million yuan, an increase of 107.7% compared to the first quarter of 2020.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7186383295e35dbeed76b7df4bae0d3b","relate_stocks":{".IXIC":"NASDAQ Composite"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131452883","content_text":"据美国证券交易委员会文件：火花思维教育科技公司提交在美IPO申请，拟筹资达1亿美元，寻求在纳斯达克上市，股票代码为SPRK。\n招股书显示，火花思维2019年营收为1.95亿元，2020年营收为11.74亿元，年比增幅为502.1%；火花思维在2019年的净亏损为7.71亿元，2020年净亏损9.52亿元，近两年累计亏损17.23亿元。\n截止3月31日的第一季度，火花思维营收为4.54亿元，同比增长202.7%。一季度，火花思维净亏损为3.74亿元，同比2020年第一季度扩大78.95%。\n亏损主要来自于销售及市场营销费用支出的快速增长。招股书显示，2019年火花思维的销售及市场营销费用、研发费用和一般行政管理支出费用分别是2.36亿元、2.4亿元及1.28亿元；2020年，这三项支出分别是7.98亿元、3.27亿元和1.78亿元。\n2021年第一季度，火花思维的销售及市场营销费用支出为3.43亿元，同比2020年第一季度增长203.5%。研发投入为1.44亿元，同比2020年第一季度增长107.7%。","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":4546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167708879,"gmtCreate":1624283738891,"gmtModify":1703832428689,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167708879","repostId":"1167576320","repostType":4,"repost":{"id":"1167576320","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":1624282140,"share":"https://ttm.financial/m/news/1167576320?lang=en_US&edition=fundamental","pubTime":"2021-06-21 21:29","market":"us","language":"zh","title":"Opening: US stocks opened higher across the board, with most US infrastructure concepts rising.","url":"https://stock-news.laohu8.com/highlight/detail?id=1167576320","media":"老虎资讯综合","summary":"6月21日（周一），道琼斯指数开盘上涨231.15点，涨幅0.69%，报33521.23点；纳斯达克综合指数开盘上涨29.05点，涨幅0.21%，报14059.42点；标普500指数开盘上涨20.07","content":"<p>On Monday, June 21, the Dow Jones Industrial Average opened 231.15 points higher, or 0.69%, at 33,521.23. The Nasdaq Composite Index opened up 29.05 points, or 0.21%, at 14,059.42. The S&P 500 opened up 20.07 points, or 0.48%, at 4,186.52.</p><p><img src=\"https://static.tigerbbs.com/8737771515cfb344cbc10cfa8fecbe51\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>U.S. infrastructure stocks rose in early trading.<a href=\"https://laohu8.com/S/X\">American Steel</a>Up 3.65%<a href=\"https://laohu8.com/S/CAT\">Caterpillar</a>Up 2.38%<a href=\"https://laohu8.com/S/OSN\">Aosheng Innovation</a>It rose 1.74%.</p><p>Most blockchain stocks declined.<a href=\"https://laohu8.com/S/BTCM\">Bit Mining</a>Down more than 9%<a href=\"https://laohu8.com/S/EBON\">Ebang International</a>Down more than 8%<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Riot Blockchain fell more than 4%, and Riot Blockchain fell more than 3%. previously<a href=\"https://laohu8.com/S/601398\">Industrial and Commercial Bank</a>、<a href=\"https://laohu8.com/S/601288\">Agricultural bank</a>、<a href=\"https://laohu8.com/S/601939\">CCB</a>Alipay (China) and others have issued announcements banning the transaction of virtual currencies such as Bitcoin.</p><p>Chinese education stocks listed in the US generally fell.<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>It fell more than 5%.<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>It fell more than 3%.<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It fell 2.39%.</p><p>U.S. new energy vehicle stocks fell.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It fell 6.65%.<a href=\"https://laohu8.com/S/FSR\">fisherman</a>It fell 4.25%.<a href=\"https://laohu8.com/S/TSP\">Tucson Future</a>It fell 3.8%.<a href=\"https://laohu8.com/S/NKLA\">Nicholas</a>It fell 3.57%.<a href=\"https://laohu8.com/S/NIO\">Nio Automotive</a>It fell 3.2%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIU\">Niu Electric</a>It fell by more than 2%.</p><p><a href=\"https://laohu8.com/S/LDL\">Leidel</a>Clearlake Capital's high-performance specialty materials supplier Unifrax, which surged over 80%, will be acquired for $62.10 per share.<a href=\"https://laohu8.com/S/LDL\">Leidel</a>。</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opening: US stocks opened higher across the board, with most US infrastructure concepts rising.</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\">\nOpening: US stocks opened higher across the board, with most US infrastructure concepts rising.\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\">2021-06-21 21:29</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On Monday, June 21, the Dow Jones Industrial Average opened 231.15 points higher, or 0.69%, at 33,521.23. The Nasdaq Composite Index opened up 29.05 points, or 0.21%, at 14,059.42. The S&P 500 opened up 20.07 points, or 0.48%, at 4,186.52.</p><p><img src=\"https://static.tigerbbs.com/8737771515cfb344cbc10cfa8fecbe51\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>U.S. infrastructure stocks rose in early trading.<a href=\"https://laohu8.com/S/X\">American Steel</a>Up 3.65%<a href=\"https://laohu8.com/S/CAT\">Caterpillar</a>Up 2.38%<a href=\"https://laohu8.com/S/OSN\">Aosheng Innovation</a>It rose 1.74%.</p><p>Most blockchain stocks declined.<a href=\"https://laohu8.com/S/BTCM\">Bit Mining</a>Down more than 9%<a href=\"https://laohu8.com/S/EBON\">Ebang International</a>Down more than 8%<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Riot Blockchain fell more than 4%, and Riot Blockchain fell more than 3%. previously<a href=\"https://laohu8.com/S/601398\">Industrial and Commercial Bank</a>、<a href=\"https://laohu8.com/S/601288\">Agricultural bank</a>、<a href=\"https://laohu8.com/S/601939\">CCB</a>Alipay (China) and others have issued announcements banning the transaction of virtual currencies such as Bitcoin.</p><p>Chinese education stocks listed in the US generally fell.<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>It fell more than 5%.<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>It fell more than 3%.<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It fell 2.39%.</p><p>U.S. new energy vehicle stocks fell.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It fell 6.65%.<a href=\"https://laohu8.com/S/FSR\">fisherman</a>It fell 4.25%.<a href=\"https://laohu8.com/S/TSP\">Tucson Future</a>It fell 3.8%.<a href=\"https://laohu8.com/S/NKLA\">Nicholas</a>It fell 3.57%.<a href=\"https://laohu8.com/S/NIO\">Nio Automotive</a>It fell 3.2%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIU\">Niu Electric</a>It fell by more than 2%.</p><p><a href=\"https://laohu8.com/S/LDL\">Leidel</a>Clearlake Capital's high-performance specialty materials supplier Unifrax, which surged over 80%, will be acquired for $62.10 per share.<a href=\"https://laohu8.com/S/LDL\">Leidel</a>。</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167576320","content_text":"6月21日（周一），道琼斯指数开盘上涨231.15点，涨幅0.69%，报33521.23点；纳斯达克综合指数开盘上涨29.05点，涨幅0.21%，报14059.42点；标普500指数开盘上涨20.07点，涨幅0.48%，报4186.52点。\n\n美国基建股盘初走强，美国钢铁涨3.65%，卡特彼勒涨2.38%，奥盛创新涨1.74%。\n区块链股多数下挫，比特矿业跌超9%、亿邦国际跌超8%、嘉楠科技跌超4%、Riot Blockchain跌超3%。此前工商银行、农业银行、建设银行、支付宝（中国）等纷纷发表公告禁止开展比特币等虚拟货币交易。\n中概教育股普跌，好未来跌超5%，新东方跌超3%，高途跌2.39%。\n美股新能源车股走低，小鹏汽车跌6.65%，Fisker跌4.25%，图森未来跌3.8%，Nikola跌3.57%，蔚来汽车跌3.2%，理想汽车、小牛电动跌超2%。\n莱德尔大涨超80%， Clearlake Capital旗下高性能特种材料供应商Unifrax将以以62.10美元/股的价格收购莱德尔。","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167534755,"gmtCreate":1624276298577,"gmtModify":1703832175786,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167534755","repostId":"1169694875","repostType":4,"repost":{"id":"1169694875","kind":"news","weMediaInfo":{"introduction":"格隆汇旗下公众号。分享和探讨港股、美国中概股以及少量估值确有吸引力之A股的投资线索、投资机会与投资心得.","home_visible":1,"media_name":"格隆汇投资学苑","id":"3","head_image":"https://static.tigerbbs.com/5d7d04eb4f16b0013ed2c39f71b84b6c"},"pubTimestamp":1624271475,"share":"https://ttm.financial/m/news/1169694875?lang=en_US&edition=fundamental","pubTime":"2021-06-21 18:31","market":"sh","language":"zh","title":"At its peak, pullback/retracement reached nearly 30%. Can China Duty Free Group still hold on?","url":"https://stock-news.laohu8.com/highlight/detail?id=1169694875","media":"格隆汇投资学苑","summary":"稳住，别慌\n\n有人说，前四十年发展快车道看深圳；三十年前快车道看上海浦东；而未来二十年的快车道必定看海南。\n1988年，在中国改革开放进入第十个年头之际，海南岛脱离广东成为中国第31个省级行政区。原本","content":"<p>Stay calm, don't panic. Some say that the rapid development trajectory for the first forty years lies in Shenzhen. Thirty years ago, looking at Pudong, Shanghai on the fast lane; The fast track for the next twenty years will undoubtedly depend on Hainan.</p><p>In 1988, as China's reform and opening up entered its tenth year, Hainan Island separated from Guangdong and became China's 31st provincial-level administrative region. Haikou, a small coastal city with a population of only 300,000, has become the capital of China's largest special economic zone.</p><p>Thirty years later, a major positive development has finally taken effect.<b>Hainan has been elevated to a new historical status.</b></p><p>In June 2020, the State Council released the \"Overall Plan for the Construction of the Hainan Free Trade Port,\" announcing the construction of a free trade port in Hainan.<b>The duty-free shopping limit for individuals has been increased from 30,000 yuan to 100,000 yuan.</b></p><p><img src=\"https://static.tigerbbs.com/649de21d30cd569246580a2abcc4861c\" tg-width=\"443\" tg-height=\"270\" referrerpolicy=\"no-referrer\"></p><p>As a giant in Hainan's duty-free industry<a href=\"https://laohu8.com/S/601888\">China Duty Free Group</a>Spring has also arrived. Within eight months (up to February this year), the stock price rose by more than 280%, reaching a high of 403.78 yuan per share.</p><p><b>1. China Duty Free Group, which took the lead</b></p><p>The favorable policies have brought benefits to Hainan and also brought a spring to Hainan's largest industry—the duty-free industry. Data shows that within six months of the policy's implementation, the Hainan Free Trade Port's average daily sales exceeded 120 million yuan, more than doubling year-on-year.<b>In 2020, Hainan's total offshore duty-free sales (including offshore repurchases) reached 32.5 billion yuan.</b></p><p>Based on normal pre-pandemic data, among the global duty-free shops in 2019, those with the latest establishment and relative disadvantages in scale, channels, and operations...<b>China Duty Free Group ranked fourth with revenue of 6.1 billion euros, far exceeding well-known duty-free providers such as DFS.</b></p><p>In the third quarter of 2020, despite the severe impact on the global tourism industry and consumption, the domestic pandemic situation gradually came under control. Coupled with the favorable duty-free policy, China Duty Free Group's revenue surpassed that of the top three companies, Dufry, Lotte, and Shilla, with revenue of US$2.43 billion.<b>To become the world's largest duty-free operator.</b></p><p><img src=\"https://static.tigerbbs.com/86f357ca03c0f3549943fa71e0b8958e\" tg-width=\"336\" tg-height=\"178\" referrerpolicy=\"no-referrer\"></p><p>(2020 Global Duty Free Revenue)</p><p><b>In the domestic market, China Duty Free Group (CDFG) was indeed a pioneer, acquiring land and opening duty-free shops in Hainan early on.</b>Before 2020, four offshore duty-free shops had already been opened in Hainan, occupying two superior geographical locations: a transportation hub and a commercial center.</p><p>Furthermore, among the eight companies with duty-free licenses in China, two have a direct relationship with China Duty Free Group. Sunrise Duty Free has been acquired by China Duty Free Group, while Haitu has been injected into China Duty Free Group. With the support of this part, China Duty Free Group's market share exceeded 90% in 2020.</p><p>Therefore,<b>As the absolute leader in China's duty-free industry and the only A-share listed company whose main business is duty-free, China Duty Free Group has attracted strong investment from capital.</b>With mutual funds concentrating their efforts, China Duty Free Group became one of the top holdings of mutual funds in 2020.</p><p>Under the influence of multiple factors, China Duty Free Group's stock price soared, jumping from less than 100 yuan in June 2020 to a peak of 400 yuan in February 2021.</p><p><b>2. Growth rate lower than expected</b></p><p>At the end of 2020, with policy support, other duty-free companies such as Shenzhen Rabbit, Hainan Development Holdings, and Hainan Tourism Investment also opened offshore duty-free shops in Hainan, quietly changing the dominant position of China Duty Free Group in the domestic duty-free market.<b>The completion of more duty-free shops in the future will dilute China Duty Free Group's market share of over 90% to around 70%.</b></p><p>At the same time, many companies have launched a \"scramble\" for the 9th duty-free \"gold medal\". Although it will not have an impact in the short term, the duty-free market is very attractive to companies, and more latecomers will enter the market.</p><p>In fact, it can be seen from the stock price trend that after the market opened after the Lunar New Year, China Duty Free Group's stock price fell rapidly, plummeting by nearly 30% in 20 days. Besides the impact of overall market fluctuations after the Lunar New Year,<b>However, another important reason is that its performance has failed to provide strong support for the stock price.</b></p><p>On April 13, China Duty Free Group (CDFG) released its first-quarter results, achieving total revenue of 18.134 billion yuan, a year-on-year increase of 127.48%. The company achieved a net profit of 2.849 billion yuan, compared to a loss of 21.86 million yuan in the same period last year; Operating profit was 4.458 billion yuan, an increase of 4.776 billion yuan compared with the same period of the previous year.</p><p>Numerically speaking,<b>This performance was indeed good, but the vertical growth rate was not considerable, which affected the stock price to hit the daily limit down that day.</b></p><p>China Duty Free Group (CDFG) achieved high performance growth in the first quarter of 2021, but this year-on-year high growth was higher than the low base during the peak of the pandemic in the same period last year. Furthermore, compared to the operating profit of 3.355 billion yuan in the first quarter of 2019, China Duty Free Group's growth in the first quarter of this year was only 33%, far lower than the profit growth rate of 101% in the same period of 2019.</p><p><img src=\"https://static.tigerbbs.com/f22d7da2607644452287a74a43d54a67\" tg-width=\"554\" tg-height=\"123\" referrerpolicy=\"no-referrer\"></p><p>From another perspective, the significant increase in China Duty Free Group's performance in 2020 was mainly due to the strong performance supported by policies in the fourth quarter. The company's operating revenue in the fourth quarter of 2020 was nearly 17.5 billion yuan, compared to 18.1 billion yuan in the first quarter of 2021, and its quarter-on-quarter growth rate is also showing a downward trend.</p><p>As a result, China Duty Free Group's stock price has been fluctuating in a box pattern in recent months, and has continued to decline in the past month, with a tendency to break through the box bottom, falling from 348 yuan/share at the end of May to 281 yuan/share now, a drop of nearly 20%.</p><p><img src=\"https://static.tigerbbs.com/4bb555f087f9f31e7aeca397b8f2b409\" tg-width=\"417\" tg-height=\"290\" referrerpolicy=\"no-referrer\"></p><p><b>3. Summary</b></p><p>China Duty Free Group, which entered the market early, benefited from policy dividends by virtue of its status as the \"first duty-free stock\" and achieved multiple growth in less than a year. However, this was not driven by performance growth, but mainly by the favor of institutional capital.</p><p>As can be seen from the recent rolling P/E of China Duty Free Group, despite the fact that funds are flowing from high valuations to low valuations and the overall market is correcting, China Duty Free's valuation is still at a high level of the historical average. However, it can also be seen that with the stock price pullback/retracement over the past two months, its high valuation is gradually being digested.</p><p><img src=\"https://static.tigerbbs.com/75e76a0fc369946bb6c7636e557c331c\" tg-width=\"554\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p>However, in the long run, with the widespread adoption of vaccinations, people's willingness to travel is gradually recovering, and with the continued stimulation of the offshore duty-free policy,<b>The market size of the duty-free industry is expected to maintain a high growth rate in the coming years.</b></p><p>As the absolute leader in the duty-free industry, China Duty Free Group (CDFG) is expected to continue its performance growth, and investors can wait for a suitable opportunity to strike.</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>At its peak, pullback/retracement reached nearly 30%. Can China Duty Free Group still hold on?</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\">\nAt its peak, pullback/retracement reached nearly 30%. Can China Duty Free Group still hold on?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/3\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/5d7d04eb4f16b0013ed2c39f71b84b6c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">格隆汇投资学苑 </p>\n<p class=\"h-time smaller\">2021-06-21 18:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stay calm, don't panic. Some say that the rapid development trajectory for the first forty years lies in Shenzhen. Thirty years ago, looking at Pudong, Shanghai on the fast lane; The fast track for the next twenty years will undoubtedly depend on Hainan.</p><p>In 1988, as China's reform and opening up entered its tenth year, Hainan Island separated from Guangdong and became China's 31st provincial-level administrative region. Haikou, a small coastal city with a population of only 300,000, has become the capital of China's largest special economic zone.</p><p>Thirty years later, a major positive development has finally taken effect.<b>Hainan has been elevated to a new historical status.</b></p><p>In June 2020, the State Council released the \"Overall Plan for the Construction of the Hainan Free Trade Port,\" announcing the construction of a free trade port in Hainan.<b>The duty-free shopping limit for individuals has been increased from 30,000 yuan to 100,000 yuan.</b></p><p><img src=\"https://static.tigerbbs.com/649de21d30cd569246580a2abcc4861c\" tg-width=\"443\" tg-height=\"270\" referrerpolicy=\"no-referrer\"></p><p>As a giant in Hainan's duty-free industry<a href=\"https://laohu8.com/S/601888\">China Duty Free Group</a>Spring has also arrived. Within eight months (up to February this year), the stock price rose by more than 280%, reaching a high of 403.78 yuan per share.</p><p><b>1. China Duty Free Group, which took the lead</b></p><p>The favorable policies have brought benefits to Hainan and also brought a spring to Hainan's largest industry—the duty-free industry. Data shows that within six months of the policy's implementation, the Hainan Free Trade Port's average daily sales exceeded 120 million yuan, more than doubling year-on-year.<b>In 2020, Hainan's total offshore duty-free sales (including offshore repurchases) reached 32.5 billion yuan.</b></p><p>Based on normal pre-pandemic data, among the global duty-free shops in 2019, those with the latest establishment and relative disadvantages in scale, channels, and operations...<b>China Duty Free Group ranked fourth with revenue of 6.1 billion euros, far exceeding well-known duty-free providers such as DFS.</b></p><p>In the third quarter of 2020, despite the severe impact on the global tourism industry and consumption, the domestic pandemic situation gradually came under control. Coupled with the favorable duty-free policy, China Duty Free Group's revenue surpassed that of the top three companies, Dufry, Lotte, and Shilla, with revenue of US$2.43 billion.<b>To become the world's largest duty-free operator.</b></p><p><img src=\"https://static.tigerbbs.com/86f357ca03c0f3549943fa71e0b8958e\" tg-width=\"336\" tg-height=\"178\" referrerpolicy=\"no-referrer\"></p><p>(2020 Global Duty Free Revenue)</p><p><b>In the domestic market, China Duty Free Group (CDFG) was indeed a pioneer, acquiring land and opening duty-free shops in Hainan early on.</b>Before 2020, four offshore duty-free shops had already been opened in Hainan, occupying two superior geographical locations: a transportation hub and a commercial center.</p><p>Furthermore, among the eight companies with duty-free licenses in China, two have a direct relationship with China Duty Free Group. Sunrise Duty Free has been acquired by China Duty Free Group, while Haitu has been injected into China Duty Free Group. With the support of this part, China Duty Free Group's market share exceeded 90% in 2020.</p><p>Therefore,<b>As the absolute leader in China's duty-free industry and the only A-share listed company whose main business is duty-free, China Duty Free Group has attracted strong investment from capital.</b>With mutual funds concentrating their efforts, China Duty Free Group became one of the top holdings of mutual funds in 2020.</p><p>Under the influence of multiple factors, China Duty Free Group's stock price soared, jumping from less than 100 yuan in June 2020 to a peak of 400 yuan in February 2021.</p><p><b>2. Growth rate lower than expected</b></p><p>At the end of 2020, with policy support, other duty-free companies such as Shenzhen Rabbit, Hainan Development Holdings, and Hainan Tourism Investment also opened offshore duty-free shops in Hainan, quietly changing the dominant position of China Duty Free Group in the domestic duty-free market.<b>The completion of more duty-free shops in the future will dilute China Duty Free Group's market share of over 90% to around 70%.</b></p><p>At the same time, many companies have launched a \"scramble\" for the 9th duty-free \"gold medal\". Although it will not have an impact in the short term, the duty-free market is very attractive to companies, and more latecomers will enter the market.</p><p>In fact, it can be seen from the stock price trend that after the market opened after the Lunar New Year, China Duty Free Group's stock price fell rapidly, plummeting by nearly 30% in 20 days. Besides the impact of overall market fluctuations after the Lunar New Year,<b>However, another important reason is that its performance has failed to provide strong support for the stock price.</b></p><p>On April 13, China Duty Free Group (CDFG) released its first-quarter results, achieving total revenue of 18.134 billion yuan, a year-on-year increase of 127.48%. The company achieved a net profit of 2.849 billion yuan, compared to a loss of 21.86 million yuan in the same period last year; Operating profit was 4.458 billion yuan, an increase of 4.776 billion yuan compared with the same period of the previous year.</p><p>Numerically speaking,<b>This performance was indeed good, but the vertical growth rate was not considerable, which affected the stock price to hit the daily limit down that day.</b></p><p>China Duty Free Group (CDFG) achieved high performance growth in the first quarter of 2021, but this year-on-year high growth was higher than the low base during the peak of the pandemic in the same period last year. Furthermore, compared to the operating profit of 3.355 billion yuan in the first quarter of 2019, China Duty Free Group's growth in the first quarter of this year was only 33%, far lower than the profit growth rate of 101% in the same period of 2019.</p><p><img src=\"https://static.tigerbbs.com/f22d7da2607644452287a74a43d54a67\" tg-width=\"554\" tg-height=\"123\" referrerpolicy=\"no-referrer\"></p><p>From another perspective, the significant increase in China Duty Free Group's performance in 2020 was mainly due to the strong performance supported by policies in the fourth quarter. The company's operating revenue in the fourth quarter of 2020 was nearly 17.5 billion yuan, compared to 18.1 billion yuan in the first quarter of 2021, and its quarter-on-quarter growth rate is also showing a downward trend.</p><p>As a result, China Duty Free Group's stock price has been fluctuating in a box pattern in recent months, and has continued to decline in the past month, with a tendency to break through the box bottom, falling from 348 yuan/share at the end of May to 281 yuan/share now, a drop of nearly 20%.</p><p><img src=\"https://static.tigerbbs.com/4bb555f087f9f31e7aeca397b8f2b409\" tg-width=\"417\" tg-height=\"290\" referrerpolicy=\"no-referrer\"></p><p><b>3. Summary</b></p><p>China Duty Free Group, which entered the market early, benefited from policy dividends by virtue of its status as the \"first duty-free stock\" and achieved multiple growth in less than a year. However, this was not driven by performance growth, but mainly by the favor of institutional capital.</p><p>As can be seen from the recent rolling P/E of China Duty Free Group, despite the fact that funds are flowing from high valuations to low valuations and the overall market is correcting, China Duty Free's valuation is still at a high level of the historical average. However, it can also be seen that with the stock price pullback/retracement over the past two months, its high valuation is gradually being digested.</p><p><img src=\"https://static.tigerbbs.com/75e76a0fc369946bb6c7636e557c331c\" tg-width=\"554\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p>However, in the long run, with the widespread adoption of vaccinations, people's willingness to travel is gradually recovering, and with the continued stimulation of the offshore duty-free policy,<b>The market size of the duty-free industry is expected to maintain a high growth rate in the coming years.</b></p><p>As the absolute leader in the duty-free industry, China Duty Free Group (CDFG) is expected to continue its performance growth, and investors can wait for a suitable opportunity to strike.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/dde701c3294fae0b0a6e20ec22ac1c36","relate_stocks":{"601888":"中国中免"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169694875","content_text":"稳住，别慌\n\n有人说，前四十年发展快车道看深圳；三十年前快车道看上海浦东；而未来二十年的快车道必定看海南。\n1988年，在中国改革开放进入第十个年头之际，海南岛脱离广东成为中国第31个省级行政区。原本人口只有30万的海滨小城海口市一跃成为中国最大经济特区的首府。\n30年后，一项重大利好终于落地，海南被提升到了新的历史地位。\n国务院在2020年6月发布了《海南自由贸易港建设总体方案》，宣布在海南建设自由贸易港，其中将个人的免税购物限额从3万上调至10万元。\n\n作为海南免税业巨头的中国中免，也迎来了春天。8个月内（截至今年2月）股价涨幅超过280%，最高达403.78元/股。\n1、拔得头筹的中免\n政策的春风给海南吹来了利好，同时也给海南最大的产业——免税业带来了春天。从数据来看，政策实施后的半年内，海南自贸港日均销售额超1.2亿元，同比增长达2倍多，2020年全年海南离岛免税销售总额（含离岛补购）达到了325亿元。\n按照疫情前的正常数据来看，2019年全球免税商营业收入排行中，而其中成立时间最晚，规模、渠道和运营相对劣势的中国中免以61亿欧元的收入排名第四，远远高于DFS等知名免税商。\n而2020年的第三季度，在全球旅游业和消费受到剧烈打击的情形下，国内的疫情状况逐渐得到控制，再加之免税政策的利好，中国中免三季度营收一举超过前三名的Dufry、乐天和新罗，营收24.3亿美元，成为全球最大的免税运营商。\n\n（2020年度全球免税商营业收入）\n在国内市场中，中免确实是先行者，早早地在海南圈地、开免税店。2020年之前就已经在海南开设了4家离岛免税店，并分别占据了交通枢纽和商业中心两大优越的地理位置。\n且在国内拥有免税业牌照的八家企业中，有两家都与中免有着直接关系，日上免税行已被中免收购，而海兔也已经注入中免。在这一部分的加持下，中国中免在2020年的市场份额已超过90%。\n因此，中国中免作为国内免税行业的绝对龙头以及A股唯一一家以免税业务为主业的上市公司，受到了资本的大力追捧，公募基金集中抱团，中国中免成为了2020年公募基金的重仓股之一。\n在多重因素的影响下，中国中免的股价一路飞涨，从2020年6月的不足百元跃升至2021年2月最高点的400元。\n2、增速不及预期\n而2020年底，在政策的支持下，深兔、海发控、海旅投等其他免税商也在海南开设了离岛免税店，悄悄改变了中免在国内免税市场中一枝独秀的状况。未来更多免税店的建成也将把中免超过90%的市占率稀释至70%左右。\n与此同时，多家企业展开了对第9张免税“金牌”的“抢夺”，虽然短期内不会造成冲击，但是免税市场对企业的吸引力非常大，也会有更多的后来者入局。\n其实从股价走势中能看出，年后开盘之后中国中免的股价迅速回落，20天内跳水近30%。除了年后大盘整体波动的影响外，但还有一个重要的原因是其业绩却并未能为股价提供有力的支撑。\n4月13日中国中免发布一季度业绩，实现总营收181.34亿元，同比增长127.48%；实现净利润28.49亿元，上年同期亏损2186万元；营业利润44.58亿元，较上年同期增加47.76亿元。\n从数字上来看，这份业绩确实不错，但纵向对比增速并不可观，受此影响当日股价直接跌停。\n2021年一季度中国中免实现了业绩的高增长，但这个同比高增长是与去年同期疫情最严重的时期的低基数之上的。 且与2019年一季度33.55亿元的营业利润相比，中国中免今年一季度增长只有33%，远低于2019年同期101%的利润增速。\n\n且从另一个方面来看，中免2020年的业绩大增主要是受到四季度政策支持业绩走强的影响。2020年四季度的营业收入近175亿元，2021年一季度为181亿元，其环比增速也在呈下降趋势。\n受此影响，中国中免近几个月的股价一直呈箱式震荡，近一个月以来更是持续下跌，且有跌破箱底的趋势，从五月底的348元/股下跌至现在的281元/股，大跌了近20%。\n\n3、总结\n早早入场的中国中免的凭借着“免税第一股”的龙头身份吃到了政策的红利，在不到一年的时间内实现了成倍的增长，但这非来自于业绩增长的推动，主要是受到机构抱团资本的青睐。\n从中国中免近期的滚动市盈率就可以看到，尽管是在资金从高估值流向低估值，大盘整体回调的情况下，中免的估值却仍处在历史的平均水平的高位。不过也能看到，随着近两个月股价的回撤，其高估值也在逐渐被消化。\n\n但长远来看，随着疫苗的接种的普及，人们的旅游意愿也在逐渐恢复，再加上离岛免税政策红利的持续刺激下，免税业这一赛道的市场规模在未来几年仍会保持高增速的态势。\n而中国中免作为目前免税行业的绝对龙头，其业绩仍会持续增长，投资者可以静候合适的击球区。","news_type":1,"symbols_score_info":{"601888":0.9}},"isVote":1,"tweetType":1,"viewCount":4893,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165839610,"gmtCreate":1624113933230,"gmtModify":1703828991502,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165839610","repostId":"2144670555","repostType":4,"repost":{"id":"2144670555","kind":"highlight","pubTimestamp":1624101724,"share":"https://ttm.financial/m/news/2144670555?lang=en_US&edition=fundamental","pubTime":"2021-06-19 19:22","market":"us","language":"zh","title":"While the Federal Reserve is turning hawkish, Goldman Sachs is once again bullish on gold: an excellent defensive asset.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144670555","media":"华尔街见闻","summary":"受美联储政策决议影响，本周多个市场剧烈波动，黄金大跌，但高盛表示继续看好黄金后市，并预测未来几周内黄金价格将出现上行逆转。","content":"<p><html><body>Gold prices plummeted this week after the Federal Reserve unexpectedly adopted hawkish stances, but<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>However, they maintained their bullish stance.</p><p>Gold prices fell more than 6% this week, marking their biggest weekly drop since March 2020.</p><p><img src=\"https://wpimg.wallstcn.com/7bfee0f9-fe40-428e-9f7a-b3fd14de302f.png\"/></p><p>Gold prices reached an all-time high of $2,075.47 per ounce on August 7, 2020, surpassing the earlier high of $1,920.3 per ounce reached on September 6, 2011, but have not broken through this high since and have remained below $2,000 per ounce for a long time.</p><p>Meanwhile, Goldman Sachs stated that gold prices will experience an upward reversal in the coming weeks. One of its studies states:</p><p><span>Gold did not experience strong growth under previous inflationary conditions, which may mean that demand for gold is limited, whether as a defensive asset or an inflation hedge.</span></p><p><span>But this is not the case, for two reasons.</span></p><p><span>First, as our interest rate strategists have pointed out, the current 10-year break-even inflation rate appears too low compared to the inflation path predicted by our economists.</span><span>In fact, this means that there will be almost no inflation risk premium in the coming years.</span></p><p><span>Secondly, if the Federal Reserve's short-term inflation expectations come true, rate hike will begin to become an unnecessary obstacle to the global recovery, damaging economic growth expectations and increasing the defensive value of gold.</span></p><p>In addition, regarding the commodities and crude oil markets, Goldman Sachs also stated:</p><p>Commodity prices have recently fallen due to the Federal Reserve's decision to bring forward its rate hike forecast to 2023, presenting a buying opportunity for investors. The bullish argument for commodities is neither about inflation risks nor about the Federal Reserve's forward guidance. Instead, it's about scarcity and strong real-world demand.</p><p>Driven by strong demand<a href=\"https://laohu8.com/S/00001\">Changhe</a>Given the lack of elastic supply, we believe the resulting physical scarcity could push Brent crude oil prices to an average of $80 in the third quarter and potentially surge above that level.</p><p>In addition, Goldman Sachs also expressed the views of Bitcoin.</p><p>With the rapid rise in Bitcoin prices since last year, more and more people are calling it \"digital gold\".</p><p>Goldman Sachs disagrees with this view, with Jeff Currie, its head of commodities research, stating during an appearance on CNBC's \"Squawk Box Europe\" on Tuesday:</p><p>While both gold and cryptocurrencies are seen as tools to hedge against rising prices, cryptocurrencies are not a substitute for gold, but rather a substitute for copper.</p><p>Gold is generally considered a safe-haven asset, but Bitcoin and copper both appear to be risky assets. Cryptocurrencies are alternatives to risky inflation hedges, not risk-averse inflation hedges.</p><p>Unlike gold prices, which began to decline after reaching new historical highs last year, Bitcoin hit a previous historical high of $18,000 in November 2020, surpassing its previous high of $18,000 in December 2017. After a brief correction, it continued to break through, and finally rose to a high of $64,000 per coin in April this year.</p><p><img src=\"https://wpimg.wallstcn.com/96db662a-7eb2-4689-a725-d1720ef161a0.png\"/></p><p>As of press time, Bitcoin has fallen below $36,000, down more than 40% from its April high.</p><p></body></html></p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>While the Federal Reserve is turning hawkish, Goldman Sachs is once again bullish on gold: an excellent defensive asset.</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\">\nWhile the Federal Reserve is turning hawkish, Goldman Sachs is once again bullish on gold: an excellent defensive asset.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-19 19:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body>Gold prices plummeted this week after the Federal Reserve unexpectedly adopted hawkish stances, but<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>However, they maintained their bullish stance.</p><p>Gold prices fell more than 6% this week, marking their biggest weekly drop since March 2020.</p><p><img src=\"https://wpimg.wallstcn.com/7bfee0f9-fe40-428e-9f7a-b3fd14de302f.png\"/></p><p>Gold prices reached an all-time high of $2,075.47 per ounce on August 7, 2020, surpassing the earlier high of $1,920.3 per ounce reached on September 6, 2011, but have not broken through this high since and have remained below $2,000 per ounce for a long time.</p><p>Meanwhile, Goldman Sachs stated that gold prices will experience an upward reversal in the coming weeks. One of its studies states:</p><p><span>Gold did not experience strong growth under previous inflationary conditions, which may mean that demand for gold is limited, whether as a defensive asset or an inflation hedge.</span></p><p><span>But this is not the case, for two reasons.</span></p><p><span>First, as our interest rate strategists have pointed out, the current 10-year break-even inflation rate appears too low compared to the inflation path predicted by our economists.</span><span>In fact, this means that there will be almost no inflation risk premium in the coming years.</span></p><p><span>Secondly, if the Federal Reserve's short-term inflation expectations come true, rate hike will begin to become an unnecessary obstacle to the global recovery, damaging economic growth expectations and increasing the defensive value of gold.</span></p><p>In addition, regarding the commodities and crude oil markets, Goldman Sachs also stated:</p><p>Commodity prices have recently fallen due to the Federal Reserve's decision to bring forward its rate hike forecast to 2023, presenting a buying opportunity for investors. The bullish argument for commodities is neither about inflation risks nor about the Federal Reserve's forward guidance. Instead, it's about scarcity and strong real-world demand.</p><p>Driven by strong demand<a href=\"https://laohu8.com/S/00001\">Changhe</a>Given the lack of elastic supply, we believe the resulting physical scarcity could push Brent crude oil prices to an average of $80 in the third quarter and potentially surge above that level.</p><p>In addition, Goldman Sachs also expressed the views of Bitcoin.</p><p>With the rapid rise in Bitcoin prices since last year, more and more people are calling it \"digital gold\".</p><p>Goldman Sachs disagrees with this view, with Jeff Currie, its head of commodities research, stating during an appearance on CNBC's \"Squawk Box Europe\" on Tuesday:</p><p>While both gold and cryptocurrencies are seen as tools to hedge against rising prices, cryptocurrencies are not a substitute for gold, but rather a substitute for copper.</p><p>Gold is generally considered a safe-haven asset, but Bitcoin and copper both appear to be risky assets. Cryptocurrencies are alternatives to risky inflation hedges, not risk-averse inflation hedges.</p><p>Unlike gold prices, which began to decline after reaching new historical highs last year, Bitcoin hit a previous historical high of $18,000 in November 2020, surpassing its previous high of $18,000 in December 2017. After a brief correction, it continued to break through, and finally rose to a high of $64,000 per coin in April this year.</p><p><img src=\"https://wpimg.wallstcn.com/96db662a-7eb2-4689-a725-d1720ef161a0.png\"/></p><p>As of press time, Bitcoin has fallen below $36,000, down more than 40% from its April high.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3633330\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e09a7b30204158feaaaf0f4efc19f31f","relate_stocks":{"159934":"黄金ETF","161125":"标普500","513500":"标普500ETF博时","518880":"黄金ETF华安","GS":"高盛","GDX":"黄金矿业ETF-VanEck","OEF":"标普100指数ETF-iShares","DJX":"1/100道琼斯","DDM":"2倍做多道指ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","TQQQ":"纳指三倍做多ETF","SPY":"标普500ETF","SH":"做空标普500-Proshares",".DJI":"道琼斯","QQQ":"纳指100ETF","DXD":"两倍做空道琼30指数ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares",".IXIC":"NASDAQ Composite","IAU":"黄金信托ETF-iShares","SQQQ":"纳指三倍做空ETF","DOG":"道指ETF-ProShares做空",".SPX":"S&P 500 Index","PSQ":"做空纳斯达克100指数ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","IVV":"标普500ETF-iShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","GLD":"黄金ETF-SPDR","UDOW":"三倍做多道指30ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","DUST":"二倍做空黄金矿业指数ETF-Direxion","NUGT":"二倍做多黄金矿业指数ETF-Direxion","OEX":"标普100","SDS":"两倍做空标普500 ETF-ProShares"},"source_url":"https://wallstreetcn.com/articles/3633330","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144670555","content_text":"本周，美联储意外放鹰后，黄金大跌，但高盛却坚持看多立场不变。\n金价本周累跌超6%，创自从2020年3月以来最大单周跌幅。\n\n金价曾于2020年8月7日创下2075.47美元/盎司的历史最高价，超过更早时于2011年9月6日创下的1920.3美元/盎司，但之后便再未突破这一高点，并长期位于2000美元/盎司价格下方。\n在此之际，高盛却表示未来几周内黄金价格将出现上行逆转。其一份研究称：\n\n在此前的通胀情况下，黄金并未出现强劲增长，这或许意味着无论是作为防御性资产还是通胀对冲，对黄金的需求都有限。\n但事实并不是如此，原因有二。\n首先，正如我们利率策略师指出的，当前的10年盈亏平衡通胀率，与我们的经济学家预测的通胀路径相比显得过低。事实上，这意味着未来几年几乎没有通胀风险溢价。\n其次，如果美联储对短期通胀的预期成为现实，加息将开始成为全球复苏不必要的阻力，损害经济增长预期，并提高黄金的防御性价值。\n\n此外，对于大宗和原油市场，高盛还表示：\n\n由于美联储决定将加息预测提前至2023年，大宗商品价格近期出现了下跌，这对投资者来说是一个买入机会。看涨大宗商品的论点既不是关于通胀风险，也不是关于美联储前瞻指引。而是关于稀缺性和强劲的实际需求。\n出于对强劲的需求增长和缺乏弹性的供应的考虑，我们认为由此造成的实物稀缺可能将推动布伦特原油价格在第三季度达到平均80美元，并可能飙升至该水平之上。\n\n此外，高盛也表达了比特币的看法。\n随着去年以来比特币价格的快速上涨，越来越多人称其为“数字黄金”。\n高盛则不认同该看法，其大宗商品研究主管Jeff Currie在参加本周二的CNBC节目《Squawk Box Europe》节目时表示：\n\n虽然黄金和加密货币都被视作对冲价格上涨的工具，但加密货币不是黄金的替代品，而更像是铜的替代品。\n黄金通常被视作一种避险资产，但比特币和铜都表现为风险资产。加密货币是风险性通胀对冲工具的替代品，而不是风险规避性通胀对冲工具。\n\n不同于金价自去年创下新的历史高位便开始萎靡的情况，比特币在2020年11月创下超过其2017年12月的1.8万美元的上个阶段历史高点后，经过了短暂回调后又持续突破，并最终在今年4月涨至最高6.4万美元/枚的历史高点。\n\n截至本文发稿，比特币跌至3.6万美元下方，较其4月的高点跌超40%。","news_type":1,"symbols_score_info":{"159934":0.6,"161125":0.6,"513500":0.6,"518880":0.6,"OEX":0.6,"DJX":0.6,"GDX":0.6,"GS":1,"OEF":0.6,"PSQ":0.6,"QQQ":0.6,".IXIC":1,"DXD":0.6,"SGUmain":0.6,"NQmain":0.6,"IVV":0.6,".DJI":1,".SPX":0.6,"MGCmain":1,"QID":0.6,"SH":0.6,"SGCmain":0.6,"SDOW":0.6,"GLD":0.6,"IAU":0.6,"QLD":0.6,"ESmain":0.6,"DDM":0.6,"DUST":0.6,"SDS":0.6,"MNQmain":0.6,"SQQQ":0.6,"GCmain":1,"SPXU":0.6,"NUGT":0.6,"DOG":0.6,"SSO":0.6,"TQQQ":0.6,"UDOW":0.6,"UPRO":0.6,"SPY":1}},"isVote":1,"tweetType":1,"viewCount":4595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165914895,"gmtCreate":1624086729217,"gmtModify":1703828608967,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165914895","repostId":"2144708764","repostType":4,"repost":{"id":"2144708764","kind":"highlight","pubTimestamp":1624074170,"share":"https://ttm.financial/m/news/2144708764?lang=en_US&edition=fundamental","pubTime":"2021-06-19 11:42","market":"us","language":"zh","title":"Highly contagious cases sweep the globe! The US, UK, and Germany warn that the Delta variant will soon become mainstream.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144708764","media":"华尔街见闻","summary":"Delta变种更具传染性，最容易感染的是那些尚未完全接种疫苗的人，这些人占全球人口的很大一部分，尤其是在拉丁美洲和非洲。但完全接种疫苗的人得到了很好的保护。","content":"<p>On June 18, according to the Shenzhen Health Commission, the city reported two new cases of COVID-19, one of which was the Delta variant.</p><p>Previously, with the steady administration of COVID-19 vaccines, the number of new COVID-19 cases worldwide slowed significantly, and the economies of various countries gradually recovered and opened up. But the arrival of this new variant strain—the Delta variant (B.1.617.2)—is shattering this tranquility.</p><p>The Delta variant is more infectious than the original strain. This variant was first discovered in India last October and is believed to be a key cause of the mega-outbreaks in India in April and May of this year.</p><p><h2>Distribution of Delta variants</h2>According to the Wall Street Journal, the Delta variant is currently distributed in more than 70 countries and regions around the world.</p><p><b>American side</b>According to the Wall Street Journal:</p><p>Rochelle Walensky, director of the U.S. Centers for Disease Control and Prevention (CDC), said on Friday that the highly infectious Delta variant may soon become the dominant strain of the U.S. coronavirus. The latest data from the CDC estimates that the Delta subtype accounts for 9.9% of reported COVID-19 cases in the United States, while the Alpha subtype (a variant strain previously discovered in the United Kingdom) accounts for 65.5%. Because relatively few genetic analyses have been conducted on the virus, it is difficult to understand the true prevalence of the novel coronavirus variant. “It’s easier to spread than the Alpha variant we have here,” Dr. Rochelle Walensky told Good Morning America in an interview with ABC News. \"We're seeing it quickly become the dominant strain within a month or two, and I expect that's what's happening with the Delta strain here.\" According to the latest data from the CDC, 143 million people, or 55% of the U.S. adult population, are fully vaccinated. Vaccination rates have slowed in recent weeks, with significant differences in regional numbers. Topping the list is Vermont, where 74% of the adult population is vaccinated. In parts of the South, these figures are much lower. In Alabama, 40% of adults are fully vaccinated, compared to 42% in Arkansas.<b>British side</b>According to Reuters:</p><p>According to a risk assessment released by the British agency Public Health England on June 3, the variant appears to be more transmissible than the original version of the virus that caused Covid-19 and is now the dominant strain in the UK. The number of daily Covid-19 cases in the UK has more than doubled to 7,500 since early June. The Delta variant is responsible for more than 90% of new cases. British Prime Minister Boris Johnson announced on June 14 that he would delay the lifting of restrictions until July, warning that thousands of people could die if he did not take any action due to the rapid spread of the more contagious Delta variant. This has had an impact on the British economy, which relies on travel and services to account for nearly 11% of GDP, a level of dependence higher than that of its international counterparts. In contrast, the United States has fully reopened: with the exception of a few states like Connecticut that have restricted indoor dining, daily activities have largely returned to normal.<b>German side</b>According to Deutsche Welle:</p><p>Lothar Wieler, head of the Robert Koch Institute for Infectious Diseases (RKI) in Germany, said that although the Delta variant, first discovered in India, accounts for only 6% of current cases, \"its proportion is growing.\" Wieler stated that he expects the Delta variant to be \"hit hardest by the fall at the latest. It's not a question of whether Delta will become dominant, but when it will become mainstream.\" German authorities issued a nationwide warning about the Delta variant on Friday. Germany's top public health official urged people to continue wearing masks and getting vaccinated indoors. German Health Minister Jans Spahn said the spread of the more contagious Delta variant in the UK shows the importance of getting two doses of the vaccine instead of one. Currently, less than 30% of the population in Germany has received two injections. The number of cases in Germany rose by 1,076 to 3,720,031 on Friday, while the number of deaths increased by 91 to 90,270, according to RKI.<b>Southeast Asia</b>Besides India, according to the Wall Street Journal,</p><p>The Delta variant is spreading widely in three regions of Indonesia: Jakarta, Java, and Bangkaran. Indonesia has limited ability to track the spread of the variant, making it difficult to gauge the extent of the Delta variant in the archipelago nation of 270 million people. Medical experts say that if growth continues, it could overwhelm the healthcare system. Less than 5% of Indonesians are fully vaccinated. The Indonesian Ministry of Health stated that the current wave of the outbreak was primarily caused by travel and celebrations during last month's Eid al-Fitr holiday, but the Delta variant has led to a surge in cases. Kudus, a region of 900,000 people in north-central Java, Indonesia, experienced its worst situation since the pandemic, with hospitals converting regular wards into isolation rooms as infections surged in late May. About 400 healthcare workers have been infected in the past month. Official figures show that by the second week of June, 20 people were dying from Covid-19 in the region every day. One-fifth of Guttus's 942 Covid-19 deaths have occurred in the past 10 days. Genome sequencing showed that 28 of the 34 Covid-19 samples recently analyzed belonged to the Delta strain.<h2>Significance of vaccination</h2>According to Barron's, early information suggests that fully vaccinated people have strong immunity to the Delta variant, which poses a serious threat to both unvaccinated and partially vaccinated individuals.</p><p><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Analyst David Mackie wrote in a research report on Monday:</p><p>The Delta variant is more contagious and is most susceptible to variant B. 1.617.2 are those who have not been fully vaccinated, who make up a large part of the global population, especially in Latin America and Africa. But fully vaccinated people are well protected. According to a risk assessment released by the British agency Public Health England on June 3, cases caused by the Delta variant may have a higher risk of hospitalization.</p><p>The UK Department of Public Health stated that a single dose of the vaccine is significantly less protective against the Delta variant than against other versions of the virus, while two doses of the vaccine can provide more protection.</p><p>A paper published by Public Health UK, which has not yet been peer-reviewed, states that in the case of single-dose vaccination...<a href=\"https://laohu8.com/S/AZN\">AstraZeneca</a>or<a href=\"https://laohu8.com/S/PFE\">Pfizer</a>After vaccination, the protective effectiveness of the vaccine against the Delta variant was 33.5% and against the Alpha variant was 51.1. After two doses of the Pfizer vaccine, the effective rate against the Delta variant was 87.9%, and the effective rate against the Alpha variant was 93.4%, and the difference narrowed significantly.</p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Highly contagious cases sweep the globe! The US, UK, and Germany warn that the Delta variant will soon become mainstream.</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\">\nHighly contagious cases sweep the globe! The US, UK, and Germany warn that the Delta variant will soon become mainstream.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-19 11:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On June 18, according to the Shenzhen Health Commission, the city reported two new cases of COVID-19, one of which was the Delta variant.</p><p>Previously, with the steady administration of COVID-19 vaccines, the number of new COVID-19 cases worldwide slowed significantly, and the economies of various countries gradually recovered and opened up. But the arrival of this new variant strain—the Delta variant (B.1.617.2)—is shattering this tranquility.</p><p>The Delta variant is more infectious than the original strain. This variant was first discovered in India last October and is believed to be a key cause of the mega-outbreaks in India in April and May of this year.</p><p><h2>Distribution of Delta variants</h2>According to the Wall Street Journal, the Delta variant is currently distributed in more than 70 countries and regions around the world.</p><p><b>American side</b>According to the Wall Street Journal:</p><p>Rochelle Walensky, director of the U.S. Centers for Disease Control and Prevention (CDC), said on Friday that the highly infectious Delta variant may soon become the dominant strain of the U.S. coronavirus. The latest data from the CDC estimates that the Delta subtype accounts for 9.9% of reported COVID-19 cases in the United States, while the Alpha subtype (a variant strain previously discovered in the United Kingdom) accounts for 65.5%. Because relatively few genetic analyses have been conducted on the virus, it is difficult to understand the true prevalence of the novel coronavirus variant. “It’s easier to spread than the Alpha variant we have here,” Dr. Rochelle Walensky told Good Morning America in an interview with ABC News. \"We're seeing it quickly become the dominant strain within a month or two, and I expect that's what's happening with the Delta strain here.\" According to the latest data from the CDC, 143 million people, or 55% of the U.S. adult population, are fully vaccinated. Vaccination rates have slowed in recent weeks, with significant differences in regional numbers. Topping the list is Vermont, where 74% of the adult population is vaccinated. In parts of the South, these figures are much lower. In Alabama, 40% of adults are fully vaccinated, compared to 42% in Arkansas.<b>British side</b>According to Reuters:</p><p>According to a risk assessment released by the British agency Public Health England on June 3, the variant appears to be more transmissible than the original version of the virus that caused Covid-19 and is now the dominant strain in the UK. The number of daily Covid-19 cases in the UK has more than doubled to 7,500 since early June. The Delta variant is responsible for more than 90% of new cases. British Prime Minister Boris Johnson announced on June 14 that he would delay the lifting of restrictions until July, warning that thousands of people could die if he did not take any action due to the rapid spread of the more contagious Delta variant. This has had an impact on the British economy, which relies on travel and services to account for nearly 11% of GDP, a level of dependence higher than that of its international counterparts. In contrast, the United States has fully reopened: with the exception of a few states like Connecticut that have restricted indoor dining, daily activities have largely returned to normal.<b>German side</b>According to Deutsche Welle:</p><p>Lothar Wieler, head of the Robert Koch Institute for Infectious Diseases (RKI) in Germany, said that although the Delta variant, first discovered in India, accounts for only 6% of current cases, \"its proportion is growing.\" Wieler stated that he expects the Delta variant to be \"hit hardest by the fall at the latest. It's not a question of whether Delta will become dominant, but when it will become mainstream.\" German authorities issued a nationwide warning about the Delta variant on Friday. Germany's top public health official urged people to continue wearing masks and getting vaccinated indoors. German Health Minister Jans Spahn said the spread of the more contagious Delta variant in the UK shows the importance of getting two doses of the vaccine instead of one. Currently, less than 30% of the population in Germany has received two injections. The number of cases in Germany rose by 1,076 to 3,720,031 on Friday, while the number of deaths increased by 91 to 90,270, according to RKI.<b>Southeast Asia</b>Besides India, according to the Wall Street Journal,</p><p>The Delta variant is spreading widely in three regions of Indonesia: Jakarta, Java, and Bangkaran. Indonesia has limited ability to track the spread of the variant, making it difficult to gauge the extent of the Delta variant in the archipelago nation of 270 million people. Medical experts say that if growth continues, it could overwhelm the healthcare system. Less than 5% of Indonesians are fully vaccinated. The Indonesian Ministry of Health stated that the current wave of the outbreak was primarily caused by travel and celebrations during last month's Eid al-Fitr holiday, but the Delta variant has led to a surge in cases. Kudus, a region of 900,000 people in north-central Java, Indonesia, experienced its worst situation since the pandemic, with hospitals converting regular wards into isolation rooms as infections surged in late May. About 400 healthcare workers have been infected in the past month. Official figures show that by the second week of June, 20 people were dying from Covid-19 in the region every day. One-fifth of Guttus's 942 Covid-19 deaths have occurred in the past 10 days. Genome sequencing showed that 28 of the 34 Covid-19 samples recently analyzed belonged to the Delta strain.<h2>Significance of vaccination</h2>According to Barron's, early information suggests that fully vaccinated people have strong immunity to the Delta variant, which poses a serious threat to both unvaccinated and partially vaccinated individuals.</p><p><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Analyst David Mackie wrote in a research report on Monday:</p><p>The Delta variant is more contagious and is most susceptible to variant B. 1.617.2 are those who have not been fully vaccinated, who make up a large part of the global population, especially in Latin America and Africa. But fully vaccinated people are well protected. According to a risk assessment released by the British agency Public Health England on June 3, cases caused by the Delta variant may have a higher risk of hospitalization.</p><p>The UK Department of Public Health stated that a single dose of the vaccine is significantly less protective against the Delta variant than against other versions of the virus, while two doses of the vaccine can provide more protection.</p><p>A paper published by Public Health UK, which has not yet been peer-reviewed, states that in the case of single-dose vaccination...<a href=\"https://laohu8.com/S/AZN\">AstraZeneca</a>or<a href=\"https://laohu8.com/S/PFE\">Pfizer</a>After vaccination, the protective effectiveness of the vaccine against the Delta variant was 33.5% and against the Alpha variant was 51.1. After two doses of the Pfizer vaccine, the effective rate against the Delta variant was 87.9%, and the effective rate against the Alpha variant was 93.4%, and the difference narrowed significantly.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3633317\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e559c5a8390713a5a8d4b07a2667368d","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3633317","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144708764","content_text":"6月18日，据深圳卫健委消息，该市新增两例新冠肺炎病例，其中一例为Delta变异株。\n此前，随着新冠疫苗的稳步接种，全球新增新冠病例数量显著放缓，各国经济也逐渐恢复和开放。但这种新变异毒株——Delta变异株（B.1.617.2）的袭来正在打破这一宁静。\nDelta变异株相比原始毒株更具传染性。该变体于去年10月首次在印度发现，被认为是造成今年4月和5月印度暴发超大型疫情的关键原因。\nDelta变异株分布情况\n据华尔街日报，Delta变异株目前已分布在全球约70多个国家和地区。\n美国方面，据华尔街日报：\n\n 美国疾病控制与预防中心（CDC）主任周Rochelle Walensky五表示，高度传染性的Delta变异株可能很快就会成为美国冠状病毒的主要毒株。CDC最新数据估计，Delta亚型占美国新冠肺炎报告病例的9.9%，而Alpha亚型（之前在英国发现的变异毒株）占65.5%。由于对该病毒进行的基因分析相对较少，很难了解新型冠状病毒变异的真实流行情况。“它比我们这里的 Alpha 变体更容易传播，” Rochelle Walensky博士在接受美国广播公司新闻采访时告诉早安美国。“我们看到它在一两个月内迅速成为主要毒株，我预计这将是这里的Delta毒株发生的情况。”据CDC的最新数据，1.43 亿人，即美国成年人口的 55%，已全面接种疫苗。最近几周疫苗接种率有所放缓，地区数量差异很大。位居榜首的是佛蒙特州，那里 74% 的成年人口都接种了疫苗。在南部的部分地区，这些数字要低得多。在阿拉巴马州，40% 的成年人完全接种了疫苗，而在阿肯色州，这一比例为 42%。\n\n英国方面，据路透社：\n\n 据英国机构Public Health England6月3日发布的风险评估，称该变体似乎比导致Covid-19的病毒的原始版本更具传播性，现在是英国的主要毒株。自6月初以来，英国每天的Covid-19病例数增加了一倍多，达到7500例。Delta变异株造成了 90% 以上的新病例。英国首相鲍里斯·约翰逊于6月14日宣布，将取消限制计划延迟到7月，并警告说由于传染性更强的Delta变体的迅速传播，如果他不采取任何措施，可能会有数千人死亡。这对依赖旅行业和服务业产占GPD近11%的英国经济产生了影响，这种依赖程度高于国际同行。相比之下，美国已经全面重新开放：除了康涅狄格州等少数几个限制室内用餐的州外，日常活动基本恢复正常。\n\n德国方面，据德国之声：\n\n 德国罗伯特科赫传染病研究所（RKI）负责人Lothar Wieler表示，尽管在印度首次发现的Delta变体仅占当前病例的6%，但“其占比正在增长”。Wieler表示，他预计Delta变体将最迟在秋季“受到最严重的打击，这不是Delta是否会成为主导的问题，而是何时成为主流的问题。”德国当局周五就Delta变异株发出去全国性警告。德国最高公共卫生官员敦促人们继续在室内戴口罩并接种疫苗。德国卫生部长Jans Spahn说，传染性更强的Delta变异株在英国的传播表明接种两剂疫苗而不是一种疫苗的重要性。目前，德国只有不到 30% 的人口接受过两次注射。根据 RKI 的数据，周五德国病例数增加了 1076例，达到3720031例，死亡人数增加了91例，达到90270例。\n\n东南亚方面，除了印度，据华尔街日报，\n\n Delta变异株正在印度尼西亚的三个地区——雅加达、爪哇岛、邦卡兰广泛转播。印度尼西亚追踪变异传播的能力有限，因此很难衡量Delta变异株在这个拥有 2.7 亿人口的群岛国家中的传播范围。医学专家表示，如果继续增长，可能会使医疗保健系统不堪重负。不到 5% 的印度尼西亚人完全接种了疫苗。印度尼西亚卫生部表示，目前这波疫情主要是由上个月开斋节期间的旅行和庆祝活动引起的，但Delta变体导致了病例数的激增。古突士（Kudus ），一个印度尼西亚爪哇岛中北部有着90万人的地区，出现了自大流行以来最糟糕的情况，随着5月下旬感染人数激增，医院将普通病房改造成隔离室。过去一个月约有 400 名医护人员被感染。官方数据显示，到6月的第二周，该地区每天有20人死于Covid-19。古突士的942例Covid-19 死亡中有五分之一发生在过去10天内。基因组测序显示，最近分析的34个Covid-19样本中有28个属于Delta毒株。\n\n疫苗接种意义\n据巴伦周刊，早期信息表明，完全接种疫苗的人对Delta变异株具有较强的免疫力，Delta变异株对未接种疫苗和接种部分疫苗的人构成了严重威胁。\n摩根大通分析师David Mackie在周一的研报中写道：\n\n Delta变种更具传染性，最容易感染变体B. 1.617.2 的是那些尚未完全接种疫苗的人，这些人占全球人口的很大一部分，尤其是在拉丁美洲和非洲。但完全接种疫苗的人得到了很好的保护。\n\n根据英国机构Public Health England 6月3日发布的风险评估，由Delta变异株引起的病例可能存在更高的住院风险。\n英国公共卫生部表示，单剂疫苗对Delta变异株的防护作用明显低于对其他版本病毒的保护作用，两剂疫苗可提供更多保护。\n英国公共卫生部发表的一篇尚未经过同行评审的论文中称，在接种单剂阿斯利康或辉瑞疫苗后，疫苗对Delta变体的防护有效性为33.5%，对Alpha变体的有效性为51.1。而在接种两剂辉瑞疫苗后，对Delta变体的有效率为 87.9%，对Alpha变体的有效率为 93.4%，差异显著缩小。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":5038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162874070,"gmtCreate":1624059398790,"gmtModify":1703827703159,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162874070","repostId":"1121724328","repostType":4,"repost":{"id":"1121724328","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":1624028112,"share":"https://ttm.financial/m/news/1121724328?lang=en_US&edition=fundamental","pubTime":"2021-06-18 22:55","market":"us","language":"zh","title":"Huawei's white paper sends a significant signal: AR is expected to usher in a \"true era\".","url":"https://stock-news.laohu8.com/highlight/detail?id=1121724328","media":"Wind万得","summary":"在经历了几年的沉寂后，以AR为首的虚拟现实产业最近又火了。“元宇宙”概念第一股ROBLOX在美股市场受到投资者热捧。在A股市场上根正苗红的虚拟现实概念股，如歌尔股份、水晶光电、全志科技等近期都呈现了明","content":"<p>After several years of silence, the virtual reality industry, led by AR, has recently become popular again. ROBLOX, the first stock listed under the \"metaverse\" concept, has been highly sought after by investors in the US stock market. Established virtual reality concept stocks in the A-share market, such as<a href=\"https://laohu8.com/S/002241\">Goertek</a>、<a href=\"https://laohu8.com/S/002273\">crystal photoelectric</a>、<a href=\"https://laohu8.com/S/300458\">Allwinner Technology</a>Both have shown a clear upward trend recently, and trading volume has also increased significantly compared to the previous period. Behind the enthusiastic influx of funds into the sector lies the market's expectation that the consumer electronics sector will soon produce new killer products. At the same time, the strong opportunity of Huawei's HarmonyOS system has also given the virtual reality sector, which is part of the ecosystem, greater room for imagination.</p><p><img src=\"https://static.tigerbbs.com/b943d98275a901d03f48fcec0d0e2347\" tg-width=\"796\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>Data source: wind</p><p>On June 17, at the Huawei Win-Win Future 5G+AR Global Summit, the \"AR Insights and Application Practice White Paper\" was officially released. Throughout the white paper, Huawei comprehensively outlines the broad prospects of AR from the perspectives of industry trends, equipment, applications, development, networks, and ecosystems. Of particular note is Huawei's proposal that once the expected consumer-grade headset is released, global shipments of consumer-grade AR headsets will exceed 53 million units by 2026, with total revenue exceeding $30 billion. According to third-party data, global shipments in this market in 2020 were less than 115,000 units, with total revenue of US$166 million. Meanwhile, 81% of headset shipments are to enterprises.</p><p><b>Consumer-grade AR is imminent</b></p><p>Based on the above speculation, the main consumer group in the AR market will still be concentrated in the C-end in the future, but currently the main consumer group in this market is still the B-end. What factors have inhibited the progress of this market has become the focus of attention for many industry insiders. Judging from the development time of virtual reality, this sector is no longer a new thing. However, there has never been a killer device that has impressed consumers. After years of incubation, can the virtual reality industry, represented by AR or VR devices, achieve explosive growth as mentioned in the white paper?</p><p>The AR white paper gives us a very clear answer to this question. The white paper mentions that, relative to the consumer sector, enterprises are the mainstream application areas for head-mounted display devices. Despite the advent of dedicated AR headsets, most consumers still use them...<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Experience AR with your mobile phone. Pairing your device with a smartphone is a viable way to reduce bulk (improve design and comfort) and cost. Some processing power can be transferred to the paired device, and certain functional modules of the smartphone (such as wide area network connectivity and GPS components) can be utilized, thereby eliminating some modules on the head-mounted device.</p><p>From a popularization perspective, killer applications combined with high-end configurations are inevitably the only way for virtual reality to develop in the future. However, there is still some uncertainty as to whether this goal can be achieved in the short term. Three years ago, regarding<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Rumors that the company would release AR glasses once sparked heated discussions in the market, but due to technical factors, Apple's AR glasses were delayed in the interview. According to some information released by Apple at its developer conference in June this year, Apple is still mainly focusing on applications, development, and ecosystem. This is expected to lay the foundation for future new products.</p><p>This is based on Apple's prolonged technical difficulties and the workarounds mentioned in Huawei's white paper. It is expected that major manufacturers will launch AR glasses products one after another in the next few years. However, unlike the all-in-one products predicted in the early days of the market, future AR products will not be machines that work alone and judge success by performance, but will rely on the underlying scenarios, ecosystems, systems, networks, content and other aspects. For example, AR has already been implemented in map navigation on mobile phones and fitness functions on smartwatches. AR technology is increasingly being applied in some physical or online marketing displays to enhance the consumer experience. From this perspective, the development path of virtual reality is different from that of past blockbuster products. Compared to iPHONE,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It has been eye-catching since its inception. Virtual reality is more like something that gradually permeates and accumulates energy from every aspect of a consumer's life. Once the technology matures sufficiently, it will eventually experience a breakthrough.</p><p><img src=\"https://static.tigerbbs.com/c2be4ffee77a0f91299def2f406f96de\" tg-width=\"772\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p><b>The future of virtual reality will still depend on AR's perspective.</b></p><p>Furthermore, when AR is mentioned, people often compare it to VR. The white paper also provides clear guidance on this. The book mentions that virtual reality (VR) is a completely immersive technology where users see a virtual environment. This makes VR itself lack strong mobility—users need to ensure the safety of their environment in order to move within a very limited distance to avoid hitting objects such as walls or falling. Because AR superimposes digital objects and information on top of the real world, the real value of AR to users is mainly reflected in mobile scenarios. For example, when a user is in an unfamiliar environment, AR can help them obtain more information about their surroundings, and they can also rely on AR navigation to guide them to their destination. This enables AR to be perfectly integrated with mobile networks.</p><p>Through the above comparison, the keyword \"mobile\" has become a major watershed between VR and AR. As we all know, although the industry has never stopped its technological progress, the virtual reality industry has always been lukewarm. In addition to some technical problems that still need to be solved, the faster progress of some comparable marginal substitutes for consumer goods is also an important factor limiting the industry's development speed. With the increasing popularity of 4K TVs, the booming sales of next-generation game consoles, the continuous release of high-quality games and movies, and the continued popularity of wireless headphones, more and more consumer electronics are squeezing out consumers' limited time. With consumers' living room time almost completely taken up, the remaining travel time is also largely squeezed out by mobile devices. Compared to the aforementioned mature products, virtual reality is not yet sufficiently challenging in terms of both technology and content. At the same time, due to cost constraints and high prices, virtual reality products remain just toys for a few tech geeks.</p><p>Therefore, from the above perspective, broadening the application scenarios of AR and enriching the AR experience are the main factors that can help AR emerge as a dark horse. The white paper argues that the two most popular types of applications currently are undoubtedly AR filters for social software and AR games. Consumer-grade AR experiences can be obtained in various applications. In addition, AR will see key innovative applications in fields such as social networking, education, retail, navigation, tourism, and sports and health in the future. At the enterprise level, dedicated headset devices can free workers' hands and complete tasks with the assistance of AR, whether simple tasks (warehouse picking) or complex tasks (AR-assisted surgery).</p><p>Ideally, we should make a bold guess. Judging from the development prospects of virtual reality technology, the device level may only be the tip of the iceberg. As mentioned in the booming metaverse concept, technologies such as AR/VR, 3D technology, and brain-computer interfaces are all important aspects of metaverse. The continued popularity of the metaverse concept indicates people's desire for new forms of entertainment, and even new ways of living.</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>Huawei's white paper sends a significant signal: AR is expected to usher in a \"true era\".</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\">\nHuawei's white paper sends a significant signal: AR is expected to usher in a \"true era\".\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\">2021-06-18 22:55</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>After several years of silence, the virtual reality industry, led by AR, has recently become popular again. ROBLOX, the first stock listed under the \"metaverse\" concept, has been highly sought after by investors in the US stock market. Established virtual reality concept stocks in the A-share market, such as<a href=\"https://laohu8.com/S/002241\">Goertek</a>、<a href=\"https://laohu8.com/S/002273\">crystal photoelectric</a>、<a href=\"https://laohu8.com/S/300458\">Allwinner Technology</a>Both have shown a clear upward trend recently, and trading volume has also increased significantly compared to the previous period. Behind the enthusiastic influx of funds into the sector lies the market's expectation that the consumer electronics sector will soon produce new killer products. At the same time, the strong opportunity of Huawei's HarmonyOS system has also given the virtual reality sector, which is part of the ecosystem, greater room for imagination.</p><p><img src=\"https://static.tigerbbs.com/b943d98275a901d03f48fcec0d0e2347\" tg-width=\"796\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>Data source: wind</p><p>On June 17, at the Huawei Win-Win Future 5G+AR Global Summit, the \"AR Insights and Application Practice White Paper\" was officially released. Throughout the white paper, Huawei comprehensively outlines the broad prospects of AR from the perspectives of industry trends, equipment, applications, development, networks, and ecosystems. Of particular note is Huawei's proposal that once the expected consumer-grade headset is released, global shipments of consumer-grade AR headsets will exceed 53 million units by 2026, with total revenue exceeding $30 billion. According to third-party data, global shipments in this market in 2020 were less than 115,000 units, with total revenue of US$166 million. Meanwhile, 81% of headset shipments are to enterprises.</p><p><b>Consumer-grade AR is imminent</b></p><p>Based on the above speculation, the main consumer group in the AR market will still be concentrated in the C-end in the future, but currently the main consumer group in this market is still the B-end. What factors have inhibited the progress of this market has become the focus of attention for many industry insiders. Judging from the development time of virtual reality, this sector is no longer a new thing. However, there has never been a killer device that has impressed consumers. After years of incubation, can the virtual reality industry, represented by AR or VR devices, achieve explosive growth as mentioned in the white paper?</p><p>The AR white paper gives us a very clear answer to this question. The white paper mentions that, relative to the consumer sector, enterprises are the mainstream application areas for head-mounted display devices. Despite the advent of dedicated AR headsets, most consumers still use them...<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Experience AR with your mobile phone. Pairing your device with a smartphone is a viable way to reduce bulk (improve design and comfort) and cost. Some processing power can be transferred to the paired device, and certain functional modules of the smartphone (such as wide area network connectivity and GPS components) can be utilized, thereby eliminating some modules on the head-mounted device.</p><p>From a popularization perspective, killer applications combined with high-end configurations are inevitably the only way for virtual reality to develop in the future. However, there is still some uncertainty as to whether this goal can be achieved in the short term. Three years ago, regarding<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Rumors that the company would release AR glasses once sparked heated discussions in the market, but due to technical factors, Apple's AR glasses were delayed in the interview. According to some information released by Apple at its developer conference in June this year, Apple is still mainly focusing on applications, development, and ecosystem. This is expected to lay the foundation for future new products.</p><p>This is based on Apple's prolonged technical difficulties and the workarounds mentioned in Huawei's white paper. It is expected that major manufacturers will launch AR glasses products one after another in the next few years. However, unlike the all-in-one products predicted in the early days of the market, future AR products will not be machines that work alone and judge success by performance, but will rely on the underlying scenarios, ecosystems, systems, networks, content and other aspects. For example, AR has already been implemented in map navigation on mobile phones and fitness functions on smartwatches. AR technology is increasingly being applied in some physical or online marketing displays to enhance the consumer experience. From this perspective, the development path of virtual reality is different from that of past blockbuster products. Compared to iPHONE,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It has been eye-catching since its inception. Virtual reality is more like something that gradually permeates and accumulates energy from every aspect of a consumer's life. Once the technology matures sufficiently, it will eventually experience a breakthrough.</p><p><img src=\"https://static.tigerbbs.com/c2be4ffee77a0f91299def2f406f96de\" tg-width=\"772\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p><b>The future of virtual reality will still depend on AR's perspective.</b></p><p>Furthermore, when AR is mentioned, people often compare it to VR. The white paper also provides clear guidance on this. The book mentions that virtual reality (VR) is a completely immersive technology where users see a virtual environment. This makes VR itself lack strong mobility—users need to ensure the safety of their environment in order to move within a very limited distance to avoid hitting objects such as walls or falling. Because AR superimposes digital objects and information on top of the real world, the real value of AR to users is mainly reflected in mobile scenarios. For example, when a user is in an unfamiliar environment, AR can help them obtain more information about their surroundings, and they can also rely on AR navigation to guide them to their destination. This enables AR to be perfectly integrated with mobile networks.</p><p>Through the above comparison, the keyword \"mobile\" has become a major watershed between VR and AR. As we all know, although the industry has never stopped its technological progress, the virtual reality industry has always been lukewarm. In addition to some technical problems that still need to be solved, the faster progress of some comparable marginal substitutes for consumer goods is also an important factor limiting the industry's development speed. With the increasing popularity of 4K TVs, the booming sales of next-generation game consoles, the continuous release of high-quality games and movies, and the continued popularity of wireless headphones, more and more consumer electronics are squeezing out consumers' limited time. With consumers' living room time almost completely taken up, the remaining travel time is also largely squeezed out by mobile devices. Compared to the aforementioned mature products, virtual reality is not yet sufficiently challenging in terms of both technology and content. At the same time, due to cost constraints and high prices, virtual reality products remain just toys for a few tech geeks.</p><p>Therefore, from the above perspective, broadening the application scenarios of AR and enriching the AR experience are the main factors that can help AR emerge as a dark horse. The white paper argues that the two most popular types of applications currently are undoubtedly AR filters for social software and AR games. Consumer-grade AR experiences can be obtained in various applications. In addition, AR will see key innovative applications in fields such as social networking, education, retail, navigation, tourism, and sports and health in the future. At the enterprise level, dedicated headset devices can free workers' hands and complete tasks with the assistance of AR, whether simple tasks (warehouse picking) or complex tasks (AR-assisted surgery).</p><p>Ideally, we should make a bold guess. Judging from the development prospects of virtual reality technology, the device level may only be the tip of the iceberg. As mentioned in the booming metaverse concept, technologies such as AR/VR, 3D technology, and brain-computer interfaces are all important aspects of metaverse. The continued popularity of the metaverse concept indicates people's desire for new forms of entertainment, and even new ways of living.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e8776326a073f38b9df528ccba693d04","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121724328","content_text":"在经历了几年的沉寂后，以AR为首的虚拟现实产业最近又火了。“元宇宙”概念第一股ROBLOX在美股市场受到投资者热捧。在A股市场上根正苗红的虚拟现实概念股，如歌尔股份、水晶光电、全志科技等近期都呈现了明显的上攻走势，成交量也较前期明显放大。资金热情涌入板块的背后，是市场对于电子消费板块能够早日诞生新的杀手级产品的期待。同时，华为鸿蒙系统超强的风口效应，也让处于生态圈中的虚拟现实板块给人更大的想象空间。\n\n数据来源：wind\n6月17日，在华为共赢未来5G+AR全球峰会上，《AR洞察及应用实践白皮书》正式发布。纵观整篇白皮书，华为通过行业趋势、设备、应用、开发、网络、生态等角度全方位描绘了AR的广阔前景。尤其引人瞩目的是，华为提出，一旦预期中的消费级头显问世，到2026年，消费级AR头显的全球出货量将超过5300万台，总收入将超过300亿美元。而根据第三方数据显示，2020年该市场的全球出货量不到11.5万台，总收入为1.66亿美元。同时，81%的头显出货量是面向企业的。\n消费级AR呼之欲出\n根据上述推测，未来AR市场的主力消费群体仍将集中于C端，但目前该市场的消费主力仍以B端为主。哪些因素抑制了这一市场的推进，成为诸多业内人士关注的焦点。从虚拟现实的发展时间来看，这一板块已经不再是一个新兴的事物。但一直以来，没有杀手级的设备令消费者眼前一亮。经过了多年的孵化，AR或者是VR设备为代表的虚拟现实产业是否能够如同白皮书中所提到的开启爆发式的增长。\n对此，AR白皮书中给了我们很明确的答案。白皮书中提到，相对于消费者领域，企业才是头显设备的主流应用领域。尽管专用AR头显已经问世，但目前大多数消费者仍是通过智能手机来体验AR。将设备与智能手机配对是缩减体积（提升设计和舒适度）和成本的一种可行方法。可以将部分处理能力转移到配对设备上，还可以将智能手机的某些功能模块（如广域网连接和GPS组件）利用起来，从而省去头显设备上的部分模块。\n从普及的角度来看，杀手级应用+高配置，必然是未来虚拟现实的必经之路。但是，这一目标，在短期内能否实现，仍存在一定的不确定性。早在三年前，有关苹果公司将发布AR眼镜的传言就一度引发市场热议，但是由于技术因素，苹果的AR眼镜迟迟未能面试。根据苹果在今年6月的开发者大会公布的一些相关内容来看，苹果目前仍然主要在应用、开发、生态层面进行布局。预估这是在为未来的新产品打基础。\n结合苹果在技术层面久攻不下，以及华为白皮书中提到的变通方案。可以预期，未来几年，各大厂商将陆续推出AR眼镜产品。但是，和市场初期所预估的一体式产品不同，未来的AR产品将不是一台单打独斗、以性能论英雄的机器，而是得依靠背后的场景、生态、系统、网络、内容等等方面。如目前手机端的地图导航，智能手表上的健身功能中，都已经实现了AR的应用。包括一些实体或线上的营销展示中也越来越多的应用到AR技术，来加强消费者的消费体验。从这一层面来说，虚拟现实的发展之路和过去的爆款产品的发展路径是有区别的。相比于iPHONE、特斯拉等自诞生起就给人眼球一亮的感觉。虚拟现实，更像是那种从一个消费者生活的方方面面逐步渗透，积攒能量。待技术足够成熟后，最终迎来爆发。\n\n虚拟现实未来还需看AR脸色\n此外，一提到AR，人们往往会将其和VR进行比较。对此，白皮书中也给出了明确地指引。书中提到，虚拟现实（VR）是一种完全沉浸式的技术，用户看到的都是虚拟环境。这使得VR本身不具备强移动性——用户需要确保所处环境的安全，从而在非常有限的距离内移动，以避免撞到墙壁等物体或摔倒。由于AR将数字对象和信息叠加在现实世界之上，因此AR对用户的切实价值主要体现在移动场景。例如，当用户身处陌生环境，AR可以帮助用户获得更多周边环境信息，用户还可依靠AR导航指引前往目的地。这使得AR能够与移动网络完美结合。\n通过上述比较，移动这个关键词成为了VR和AR之间的一个主要分水岭。众所周知，虽然，产业从来没有停止过技术进步的脚步，但虚拟现实产业一直以来仍显得不温不火。除了自身的一些技术问题尚需要解决以外，可比的一些边际替代消费品的进步速度更快，同样是限制行业发展速度的一个重要因素。如4K电视的逐渐普及、次世代游戏主机大卖、高质量游戏、电影作品不断推出，无线耳机持续火爆，越来越多电子消费品正在挤占消费者有限的时间。在消费者客厅时间基本已经被抢占一空的情况下，剩余的出行时间，也基本被移动设备充分挤占。而相比于上述已经处于成熟期的产品，虚拟现实无论从技术层面还是内容层面，都还没有到足够叫板的程度。同时，受限于成本的限制，偏高的价格，也使得虚拟现实产品仍然只是少数科技极客的玩具。\n因此，从上述角度出发，拓宽AR的应用场景，以及丰富AR的体验，是能够帮助AR异军突起的主要因素。白皮书中认为，当前最受欢迎的两类应用无疑是社交软件的AR滤镜和AR游戏。在各类应用中都能获得消费级AR体验。此外未来AR还将在社交、教育、零售、导航、旅游、运动健康等领域出现关键创新应用。企业层面，专用头显设备能让工人解放双手，在AR的辅助下完成任务，无论是简单任务（仓库拣货）还是复杂任务（AR辅助手术）。\n最好，不如做一个大胆的猜想，从虚拟现实技术的发展前景来看，设备层面或许只是一个冰山一角。就如同火爆的元宇宙概念中所提到的，AR/VR、3D技术和脑机接口等技术都是元宇宙的重要环节。元宇宙概念得持续火热，预示着人们对于新的娱乐方式，甚至是新的生活的方式的渴望。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":4759,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161338593,"gmtCreate":1623904389912,"gmtModify":1703823142350,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161338593","repostId":"1186688505","repostType":4,"repost":{"id":"1186688505","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":1623891302,"share":"https://ttm.financial/m/news/1186688505?lang=en_US&edition=fundamental","pubTime":"2021-06-17 08:55","market":"hk","language":"zh","title":"Youran Animal Husbandry has an 80% success rate in a single lot, with one lot guaranteed after subscribing to 3 lots.","url":"https://stock-news.laohu8.com/highlight/detail?id=1186688505","media":"老虎资讯综合","summary":"6月17日消息，本周四优然牧业发布公告，公司发行7.15亿股股份，每股定价6.98港元，每手1000股，预期将于6月18日上市。\n公开发售阶段优然牧业获3.73倍认购，分配至公开发售的发售股份最终数目","content":"<p>June 17th news, this Thursday<a href=\"https://laohu8.com/S/09858\">Youran Animal Husbandry</a>The company issued an announcement stating that it will issue 715 million shares at a price of HK$6.98 per share, with 1,000 shares per lot, and is expected to list on June 18.</p><p>During the public offering phase, Youran Dairy was subscribed 3.73 times, and the final number of offer shares allocated to the public offering was 71.544 million shares, accounting for 10% of the total number of offer shares (before any over-allotment option was exercised). A total of 28,283 valid applications were received, with an 80% success rate per lot, and one lot was guaranteed to be successful after subscribing to 3 lots.</p><p>In addition, the international offering was oversubscribed, with the final number of shares offered being 644 million (excluding over-allocated shares), representing 90% of the total number of shares offered. The relevant data compiled by Tiger News is shown in the table below:<img src=\"https://static.tigerbbs.com/a2349a0d398ab0b7c627322586dc1995\" tg-width=\"661\" tg-height=\"550\" referrerpolicy=\"no-referrer\"><b>Subscription ladder:</b></p><p>Each lot consists of 1,000 shares, with an entry fee of HK$8,747.26. The winning rate for one lot is 80%, and subscribing to three lots is guaranteed to win one lot.</p><p>The threshold for Group B is 600,000 shares, and the funds required for subscription are approximately HK$5,248,360.09.<img src=\"https://static.tigerbbs.com/183b55b260a699e4eed6d62b7a2b20d9\" tg-width=\"713\" tg-height=\"208\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/baef5fa28b0cc392f49dad86d7d64628\" tg-width=\"721\" tg-height=\"786\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/46328b4384685df91ed4359f3713a90a\" tg-width=\"714\" tg-height=\"329\" referrerpolicy=\"no-referrer\">During the public offering phase, Youran Dairy was subscribed 3.73 times, and the final number of offer shares allocated to the public offering was 71.544 million shares, accounting for 10% of the total number of offer shares (before any over-allotment option was exercised). A total of 28,283 valid applications were received, with an 80% success rate per lot, and one lot was guaranteed to be successful after subscribing to 3 lots.</p><p>In addition, the international offering was oversubscribed, with the final number of shares offered being 644 million (excluding over-allocated shares), representing 90% of the total number of shares offered. The relevant data compiled by Tiger News is shown in the table below:</p><p>Regarding the use of funds, the company plans to use the net proceeds of approximately HK$3.238 billion from the global offering for the following purposes: approximately 75% will be allocated to fund investment projects over the next two years, including the construction of ranches under construction, newly built ranches and feed production bases and the purchase of necessary facilities and equipment for them; Approximately 15% may be allocated to pastures to purchase dairy cows; Approximately 10% will be allocated for working capital and general corporate purposes.</p><p>It is understood that Youran Dairy was founded in 1984 and was once a wholly-owned subsidiary of Yili, the world's fifth-largest dairy manufacturer. In 2015, it spun off its business from Yili for operation. The company has now developed into a leader in China's upstream dairy market, with its business layout covering the entire upstream dairy industry chain from breeding to feed and raw milk production.</p><p>According to Frost & Sullivan,<b>Based on 2020 revenue, the company is China's largest upstream integrated dairy product and service provider.</b>The company provides high-quality raw milk to large dairy manufacturers and ruminant farming products and services to ranches through two business segments: raw milk and ruminant farming systematic solutions. Yili is Youran Dairy's largest customer.</p><p>In terms of financial data, the company's total revenue was RMB 6.334 billion, RMB 7.668 billion and RMB 11.781 billion from 2018 to 2020, respectively, with a compound annual growth rate of 36.4%; During the same period, the company recorded net profits of RMB 653 million, RMB 802 million and RMB 1.541 billion, respectively, with a compound annual growth rate of 53.6%.</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>Youran Animal Husbandry has an 80% success rate in a single lot, with one lot guaranteed after subscribing to 3 lots.</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\">\nYouran Animal Husbandry has an 80% success rate in a single lot, with one lot guaranteed after subscribing to 3 lots.\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\">2021-06-17 08:55</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>June 17th news, this Thursday<a href=\"https://laohu8.com/S/09858\">Youran Animal Husbandry</a>The company issued an announcement stating that it will issue 715 million shares at a price of HK$6.98 per share, with 1,000 shares per lot, and is expected to list on June 18.</p><p>During the public offering phase, Youran Dairy was subscribed 3.73 times, and the final number of offer shares allocated to the public offering was 71.544 million shares, accounting for 10% of the total number of offer shares (before any over-allotment option was exercised). A total of 28,283 valid applications were received, with an 80% success rate per lot, and one lot was guaranteed to be successful after subscribing to 3 lots.</p><p>In addition, the international offering was oversubscribed, with the final number of shares offered being 644 million (excluding over-allocated shares), representing 90% of the total number of shares offered. The relevant data compiled by Tiger News is shown in the table below:<img src=\"https://static.tigerbbs.com/a2349a0d398ab0b7c627322586dc1995\" tg-width=\"661\" tg-height=\"550\" referrerpolicy=\"no-referrer\"><b>Subscription ladder:</b></p><p>Each lot consists of 1,000 shares, with an entry fee of HK$8,747.26. The winning rate for one lot is 80%, and subscribing to three lots is guaranteed to win one lot.</p><p>The threshold for Group B is 600,000 shares, and the funds required for subscription are approximately HK$5,248,360.09.<img src=\"https://static.tigerbbs.com/183b55b260a699e4eed6d62b7a2b20d9\" tg-width=\"713\" tg-height=\"208\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/baef5fa28b0cc392f49dad86d7d64628\" tg-width=\"721\" tg-height=\"786\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/46328b4384685df91ed4359f3713a90a\" tg-width=\"714\" tg-height=\"329\" referrerpolicy=\"no-referrer\">During the public offering phase, Youran Dairy was subscribed 3.73 times, and the final number of offer shares allocated to the public offering was 71.544 million shares, accounting for 10% of the total number of offer shares (before any over-allotment option was exercised). A total of 28,283 valid applications were received, with an 80% success rate per lot, and one lot was guaranteed to be successful after subscribing to 3 lots.</p><p>In addition, the international offering was oversubscribed, with the final number of shares offered being 644 million (excluding over-allocated shares), representing 90% of the total number of shares offered. The relevant data compiled by Tiger News is shown in the table below:</p><p>Regarding the use of funds, the company plans to use the net proceeds of approximately HK$3.238 billion from the global offering for the following purposes: approximately 75% will be allocated to fund investment projects over the next two years, including the construction of ranches under construction, newly built ranches and feed production bases and the purchase of necessary facilities and equipment for them; Approximately 15% may be allocated to pastures to purchase dairy cows; Approximately 10% will be allocated for working capital and general corporate purposes.</p><p>It is understood that Youran Dairy was founded in 1984 and was once a wholly-owned subsidiary of Yili, the world's fifth-largest dairy manufacturer. In 2015, it spun off its business from Yili for operation. The company has now developed into a leader in China's upstream dairy market, with its business layout covering the entire upstream dairy industry chain from breeding to feed and raw milk production.</p><p>According to Frost & Sullivan,<b>Based on 2020 revenue, the company is China's largest upstream integrated dairy product and service provider.</b>The company provides high-quality raw milk to large dairy manufacturers and ruminant farming products and services to ranches through two business segments: raw milk and ruminant farming systematic solutions. Yili is Youran Dairy's largest customer.</p><p>In terms of financial data, the company's total revenue was RMB 6.334 billion, RMB 7.668 billion and RMB 11.781 billion from 2018 to 2020, respectively, with a compound annual growth rate of 36.4%; During the same period, the company recorded net profits of RMB 653 million, RMB 802 million and RMB 1.541 billion, respectively, with a compound annual growth rate of 53.6%.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/22fb0a544aa253b668379d9f58bbe5a9","relate_stocks":{"09858":"优然牧业"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186688505","content_text":"6月17日消息，本周四优然牧业发布公告，公司发行7.15亿股股份，每股定价6.98港元，每手1000股，预期将于6月18日上市。\n公开发售阶段优然牧业获3.73倍认购，分配至公开发售的发售股份最终数目为7154.4万股，占发售股份总数的10%（任何超额配股权获行使前）。合共接获28283份有效申请，一手中签率80%，认购3手稳中一手。\n此外，国际发售获超额认购，发售股份最终数目为6.44亿股（不包括超额分配股份），相当于发售股份总数的90%。老虎资讯整理相关数据如下表：申购阶梯：\n每手1000股，入场费8,747.26港元。一手中签率80%，认购3手稳中一手。\n乙组门槛为60万股，申购所需资金约5,248,360.09港元。公开发售阶段优然牧业获3.73倍认购，分配至公开发售的发售股份最终数目为7154.4万股，占发售股份总数的10%（任何超额配股权获行使前）。合共接获28283份有效申请，一手中签率80%，认购3手稳中一手。\n此外，国际发售获超额认购，发售股份最终数目为6.44亿股（不包括超额分配股份），相当于发售股份总数的90%。老虎资讯整理相关数据如下表：\n筹资用途方面，公司拟将全球发售所得款项净额约32.38亿港元用于以下用途：约75%将分配用于拨付未来两年的投资项目，包括兴建正在建设的牧场、新建的牧场及饲料生产基地并为其购置所需设施设备；约15%或将分配用于牧场购买奶牛；约10%将分配用于营运资金及一般企业用途。\n据悉，优然牧业成立于1984年，曾作为全球排名第五的大型乳制品制造商伊利旗下全资附属公司，2015年将业务从伊利分拆出来运营。目前公司已发展成为中国乳业上游市场的领导者，业务布局覆盖由育种到饲料再到原料奶生产的乳业上游全产业链。\n根据弗若斯特沙利文的资料，按2020年收入计，公司是中国规模最大的乳业上游综合产品和服务提供商。公司通过原料奶及反刍动物养殖系统化解决方案两个业务分部，向大型乳制品制造商提供优质原料奶并向牧场提供反刍动物养殖产品及服务，伊利是优然牧业最大的客户。\n财务数据方面，2018年至2020年公司总营收分别为人民币63.34亿元、76.68亿元及117.81亿元，复合年增长率为36.4%；同期录得净利润6.53亿元、8.02亿元及15.41亿元，复合年增长率为53.6%。","news_type":1,"symbols_score_info":{"09858":0.9}},"isVote":1,"tweetType":1,"viewCount":4420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":165914895,"gmtCreate":1624086729217,"gmtModify":1703828608967,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165914895","repostId":"2144708764","repostType":4,"repost":{"id":"2144708764","kind":"highlight","pubTimestamp":1624074170,"share":"https://ttm.financial/m/news/2144708764?lang=en_US&edition=fundamental","pubTime":"2021-06-19 11:42","market":"us","language":"zh","title":"Highly contagious cases sweep the globe! The US, UK, and Germany warn that the Delta variant will soon become mainstream.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144708764","media":"华尔街见闻","summary":"Delta变种更具传染性，最容易感染的是那些尚未完全接种疫苗的人，这些人占全球人口的很大一部分，尤其是在拉丁美洲和非洲。但完全接种疫苗的人得到了很好的保护。","content":"<p>On June 18, according to the Shenzhen Health Commission, the city reported two new cases of COVID-19, one of which was the Delta variant.</p><p>Previously, with the steady administration of COVID-19 vaccines, the number of new COVID-19 cases worldwide slowed significantly, and the economies of various countries gradually recovered and opened up. But the arrival of this new variant strain—the Delta variant (B.1.617.2)—is shattering this tranquility.</p><p>The Delta variant is more infectious than the original strain. This variant was first discovered in India last October and is believed to be a key cause of the mega-outbreaks in India in April and May of this year.</p><p><h2>Distribution of Delta variants</h2>According to the Wall Street Journal, the Delta variant is currently distributed in more than 70 countries and regions around the world.</p><p><b>American side</b>According to the Wall Street Journal:</p><p>Rochelle Walensky, director of the U.S. Centers for Disease Control and Prevention (CDC), said on Friday that the highly infectious Delta variant may soon become the dominant strain of the U.S. coronavirus. The latest data from the CDC estimates that the Delta subtype accounts for 9.9% of reported COVID-19 cases in the United States, while the Alpha subtype (a variant strain previously discovered in the United Kingdom) accounts for 65.5%. Because relatively few genetic analyses have been conducted on the virus, it is difficult to understand the true prevalence of the novel coronavirus variant. “It’s easier to spread than the Alpha variant we have here,” Dr. Rochelle Walensky told Good Morning America in an interview with ABC News. \"We're seeing it quickly become the dominant strain within a month or two, and I expect that's what's happening with the Delta strain here.\" According to the latest data from the CDC, 143 million people, or 55% of the U.S. adult population, are fully vaccinated. Vaccination rates have slowed in recent weeks, with significant differences in regional numbers. Topping the list is Vermont, where 74% of the adult population is vaccinated. In parts of the South, these figures are much lower. In Alabama, 40% of adults are fully vaccinated, compared to 42% in Arkansas.<b>British side</b>According to Reuters:</p><p>According to a risk assessment released by the British agency Public Health England on June 3, the variant appears to be more transmissible than the original version of the virus that caused Covid-19 and is now the dominant strain in the UK. The number of daily Covid-19 cases in the UK has more than doubled to 7,500 since early June. The Delta variant is responsible for more than 90% of new cases. British Prime Minister Boris Johnson announced on June 14 that he would delay the lifting of restrictions until July, warning that thousands of people could die if he did not take any action due to the rapid spread of the more contagious Delta variant. This has had an impact on the British economy, which relies on travel and services to account for nearly 11% of GDP, a level of dependence higher than that of its international counterparts. In contrast, the United States has fully reopened: with the exception of a few states like Connecticut that have restricted indoor dining, daily activities have largely returned to normal.<b>German side</b>According to Deutsche Welle:</p><p>Lothar Wieler, head of the Robert Koch Institute for Infectious Diseases (RKI) in Germany, said that although the Delta variant, first discovered in India, accounts for only 6% of current cases, \"its proportion is growing.\" Wieler stated that he expects the Delta variant to be \"hit hardest by the fall at the latest. It's not a question of whether Delta will become dominant, but when it will become mainstream.\" German authorities issued a nationwide warning about the Delta variant on Friday. Germany's top public health official urged people to continue wearing masks and getting vaccinated indoors. German Health Minister Jans Spahn said the spread of the more contagious Delta variant in the UK shows the importance of getting two doses of the vaccine instead of one. Currently, less than 30% of the population in Germany has received two injections. The number of cases in Germany rose by 1,076 to 3,720,031 on Friday, while the number of deaths increased by 91 to 90,270, according to RKI.<b>Southeast Asia</b>Besides India, according to the Wall Street Journal,</p><p>The Delta variant is spreading widely in three regions of Indonesia: Jakarta, Java, and Bangkaran. Indonesia has limited ability to track the spread of the variant, making it difficult to gauge the extent of the Delta variant in the archipelago nation of 270 million people. Medical experts say that if growth continues, it could overwhelm the healthcare system. Less than 5% of Indonesians are fully vaccinated. The Indonesian Ministry of Health stated that the current wave of the outbreak was primarily caused by travel and celebrations during last month's Eid al-Fitr holiday, but the Delta variant has led to a surge in cases. Kudus, a region of 900,000 people in north-central Java, Indonesia, experienced its worst situation since the pandemic, with hospitals converting regular wards into isolation rooms as infections surged in late May. About 400 healthcare workers have been infected in the past month. Official figures show that by the second week of June, 20 people were dying from Covid-19 in the region every day. One-fifth of Guttus's 942 Covid-19 deaths have occurred in the past 10 days. Genome sequencing showed that 28 of the 34 Covid-19 samples recently analyzed belonged to the Delta strain.<h2>Significance of vaccination</h2>According to Barron's, early information suggests that fully vaccinated people have strong immunity to the Delta variant, which poses a serious threat to both unvaccinated and partially vaccinated individuals.</p><p><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Analyst David Mackie wrote in a research report on Monday:</p><p>The Delta variant is more contagious and is most susceptible to variant B. 1.617.2 are those who have not been fully vaccinated, who make up a large part of the global population, especially in Latin America and Africa. But fully vaccinated people are well protected. According to a risk assessment released by the British agency Public Health England on June 3, cases caused by the Delta variant may have a higher risk of hospitalization.</p><p>The UK Department of Public Health stated that a single dose of the vaccine is significantly less protective against the Delta variant than against other versions of the virus, while two doses of the vaccine can provide more protection.</p><p>A paper published by Public Health UK, which has not yet been peer-reviewed, states that in the case of single-dose vaccination...<a href=\"https://laohu8.com/S/AZN\">AstraZeneca</a>or<a href=\"https://laohu8.com/S/PFE\">Pfizer</a>After vaccination, the protective effectiveness of the vaccine against the Delta variant was 33.5% and against the Alpha variant was 51.1. After two doses of the Pfizer vaccine, the effective rate against the Delta variant was 87.9%, and the effective rate against the Alpha variant was 93.4%, and the difference narrowed significantly.</p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Highly contagious cases sweep the globe! The US, UK, and Germany warn that the Delta variant will soon become mainstream.</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\">\nHighly contagious cases sweep the globe! The US, UK, and Germany warn that the Delta variant will soon become mainstream.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-19 11:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On June 18, according to the Shenzhen Health Commission, the city reported two new cases of COVID-19, one of which was the Delta variant.</p><p>Previously, with the steady administration of COVID-19 vaccines, the number of new COVID-19 cases worldwide slowed significantly, and the economies of various countries gradually recovered and opened up. But the arrival of this new variant strain—the Delta variant (B.1.617.2)—is shattering this tranquility.</p><p>The Delta variant is more infectious than the original strain. This variant was first discovered in India last October and is believed to be a key cause of the mega-outbreaks in India in April and May of this year.</p><p><h2>Distribution of Delta variants</h2>According to the Wall Street Journal, the Delta variant is currently distributed in more than 70 countries and regions around the world.</p><p><b>American side</b>According to the Wall Street Journal:</p><p>Rochelle Walensky, director of the U.S. Centers for Disease Control and Prevention (CDC), said on Friday that the highly infectious Delta variant may soon become the dominant strain of the U.S. coronavirus. The latest data from the CDC estimates that the Delta subtype accounts for 9.9% of reported COVID-19 cases in the United States, while the Alpha subtype (a variant strain previously discovered in the United Kingdom) accounts for 65.5%. Because relatively few genetic analyses have been conducted on the virus, it is difficult to understand the true prevalence of the novel coronavirus variant. “It’s easier to spread than the Alpha variant we have here,” Dr. Rochelle Walensky told Good Morning America in an interview with ABC News. \"We're seeing it quickly become the dominant strain within a month or two, and I expect that's what's happening with the Delta strain here.\" According to the latest data from the CDC, 143 million people, or 55% of the U.S. adult population, are fully vaccinated. Vaccination rates have slowed in recent weeks, with significant differences in regional numbers. Topping the list is Vermont, where 74% of the adult population is vaccinated. In parts of the South, these figures are much lower. In Alabama, 40% of adults are fully vaccinated, compared to 42% in Arkansas.<b>British side</b>According to Reuters:</p><p>According to a risk assessment released by the British agency Public Health England on June 3, the variant appears to be more transmissible than the original version of the virus that caused Covid-19 and is now the dominant strain in the UK. The number of daily Covid-19 cases in the UK has more than doubled to 7,500 since early June. The Delta variant is responsible for more than 90% of new cases. British Prime Minister Boris Johnson announced on June 14 that he would delay the lifting of restrictions until July, warning that thousands of people could die if he did not take any action due to the rapid spread of the more contagious Delta variant. This has had an impact on the British economy, which relies on travel and services to account for nearly 11% of GDP, a level of dependence higher than that of its international counterparts. In contrast, the United States has fully reopened: with the exception of a few states like Connecticut that have restricted indoor dining, daily activities have largely returned to normal.<b>German side</b>According to Deutsche Welle:</p><p>Lothar Wieler, head of the Robert Koch Institute for Infectious Diseases (RKI) in Germany, said that although the Delta variant, first discovered in India, accounts for only 6% of current cases, \"its proportion is growing.\" Wieler stated that he expects the Delta variant to be \"hit hardest by the fall at the latest. It's not a question of whether Delta will become dominant, but when it will become mainstream.\" German authorities issued a nationwide warning about the Delta variant on Friday. Germany's top public health official urged people to continue wearing masks and getting vaccinated indoors. German Health Minister Jans Spahn said the spread of the more contagious Delta variant in the UK shows the importance of getting two doses of the vaccine instead of one. Currently, less than 30% of the population in Germany has received two injections. The number of cases in Germany rose by 1,076 to 3,720,031 on Friday, while the number of deaths increased by 91 to 90,270, according to RKI.<b>Southeast Asia</b>Besides India, according to the Wall Street Journal,</p><p>The Delta variant is spreading widely in three regions of Indonesia: Jakarta, Java, and Bangkaran. Indonesia has limited ability to track the spread of the variant, making it difficult to gauge the extent of the Delta variant in the archipelago nation of 270 million people. Medical experts say that if growth continues, it could overwhelm the healthcare system. Less than 5% of Indonesians are fully vaccinated. The Indonesian Ministry of Health stated that the current wave of the outbreak was primarily caused by travel and celebrations during last month's Eid al-Fitr holiday, but the Delta variant has led to a surge in cases. Kudus, a region of 900,000 people in north-central Java, Indonesia, experienced its worst situation since the pandemic, with hospitals converting regular wards into isolation rooms as infections surged in late May. About 400 healthcare workers have been infected in the past month. Official figures show that by the second week of June, 20 people were dying from Covid-19 in the region every day. One-fifth of Guttus's 942 Covid-19 deaths have occurred in the past 10 days. Genome sequencing showed that 28 of the 34 Covid-19 samples recently analyzed belonged to the Delta strain.<h2>Significance of vaccination</h2>According to Barron's, early information suggests that fully vaccinated people have strong immunity to the Delta variant, which poses a serious threat to both unvaccinated and partially vaccinated individuals.</p><p><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Analyst David Mackie wrote in a research report on Monday:</p><p>The Delta variant is more contagious and is most susceptible to variant B. 1.617.2 are those who have not been fully vaccinated, who make up a large part of the global population, especially in Latin America and Africa. But fully vaccinated people are well protected. According to a risk assessment released by the British agency Public Health England on June 3, cases caused by the Delta variant may have a higher risk of hospitalization.</p><p>The UK Department of Public Health stated that a single dose of the vaccine is significantly less protective against the Delta variant than against other versions of the virus, while two doses of the vaccine can provide more protection.</p><p>A paper published by Public Health UK, which has not yet been peer-reviewed, states that in the case of single-dose vaccination...<a href=\"https://laohu8.com/S/AZN\">AstraZeneca</a>or<a href=\"https://laohu8.com/S/PFE\">Pfizer</a>After vaccination, the protective effectiveness of the vaccine against the Delta variant was 33.5% and against the Alpha variant was 51.1. After two doses of the Pfizer vaccine, the effective rate against the Delta variant was 87.9%, and the effective rate against the Alpha variant was 93.4%, and the difference narrowed significantly.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3633317\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e559c5a8390713a5a8d4b07a2667368d","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3633317","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144708764","content_text":"6月18日，据深圳卫健委消息，该市新增两例新冠肺炎病例，其中一例为Delta变异株。\n此前，随着新冠疫苗的稳步接种，全球新增新冠病例数量显著放缓，各国经济也逐渐恢复和开放。但这种新变异毒株——Delta变异株（B.1.617.2）的袭来正在打破这一宁静。\nDelta变异株相比原始毒株更具传染性。该变体于去年10月首次在印度发现，被认为是造成今年4月和5月印度暴发超大型疫情的关键原因。\nDelta变异株分布情况\n据华尔街日报，Delta变异株目前已分布在全球约70多个国家和地区。\n美国方面，据华尔街日报：\n\n 美国疾病控制与预防中心（CDC）主任周Rochelle Walensky五表示，高度传染性的Delta变异株可能很快就会成为美国冠状病毒的主要毒株。CDC最新数据估计，Delta亚型占美国新冠肺炎报告病例的9.9%，而Alpha亚型（之前在英国发现的变异毒株）占65.5%。由于对该病毒进行的基因分析相对较少，很难了解新型冠状病毒变异的真实流行情况。“它比我们这里的 Alpha 变体更容易传播，” Rochelle Walensky博士在接受美国广播公司新闻采访时告诉早安美国。“我们看到它在一两个月内迅速成为主要毒株，我预计这将是这里的Delta毒株发生的情况。”据CDC的最新数据，1.43 亿人，即美国成年人口的 55%，已全面接种疫苗。最近几周疫苗接种率有所放缓，地区数量差异很大。位居榜首的是佛蒙特州，那里 74% 的成年人口都接种了疫苗。在南部的部分地区，这些数字要低得多。在阿拉巴马州，40% 的成年人完全接种了疫苗，而在阿肯色州，这一比例为 42%。\n\n英国方面，据路透社：\n\n 据英国机构Public Health England6月3日发布的风险评估，称该变体似乎比导致Covid-19的病毒的原始版本更具传播性，现在是英国的主要毒株。自6月初以来，英国每天的Covid-19病例数增加了一倍多，达到7500例。Delta变异株造成了 90% 以上的新病例。英国首相鲍里斯·约翰逊于6月14日宣布，将取消限制计划延迟到7月，并警告说由于传染性更强的Delta变体的迅速传播，如果他不采取任何措施，可能会有数千人死亡。这对依赖旅行业和服务业产占GPD近11%的英国经济产生了影响，这种依赖程度高于国际同行。相比之下，美国已经全面重新开放：除了康涅狄格州等少数几个限制室内用餐的州外，日常活动基本恢复正常。\n\n德国方面，据德国之声：\n\n 德国罗伯特科赫传染病研究所（RKI）负责人Lothar Wieler表示，尽管在印度首次发现的Delta变体仅占当前病例的6%，但“其占比正在增长”。Wieler表示，他预计Delta变体将最迟在秋季“受到最严重的打击，这不是Delta是否会成为主导的问题，而是何时成为主流的问题。”德国当局周五就Delta变异株发出去全国性警告。德国最高公共卫生官员敦促人们继续在室内戴口罩并接种疫苗。德国卫生部长Jans Spahn说，传染性更强的Delta变异株在英国的传播表明接种两剂疫苗而不是一种疫苗的重要性。目前，德国只有不到 30% 的人口接受过两次注射。根据 RKI 的数据，周五德国病例数增加了 1076例，达到3720031例，死亡人数增加了91例，达到90270例。\n\n东南亚方面，除了印度，据华尔街日报，\n\n Delta变异株正在印度尼西亚的三个地区——雅加达、爪哇岛、邦卡兰广泛转播。印度尼西亚追踪变异传播的能力有限，因此很难衡量Delta变异株在这个拥有 2.7 亿人口的群岛国家中的传播范围。医学专家表示，如果继续增长，可能会使医疗保健系统不堪重负。不到 5% 的印度尼西亚人完全接种了疫苗。印度尼西亚卫生部表示，目前这波疫情主要是由上个月开斋节期间的旅行和庆祝活动引起的，但Delta变体导致了病例数的激增。古突士（Kudus ），一个印度尼西亚爪哇岛中北部有着90万人的地区，出现了自大流行以来最糟糕的情况，随着5月下旬感染人数激增，医院将普通病房改造成隔离室。过去一个月约有 400 名医护人员被感染。官方数据显示，到6月的第二周，该地区每天有20人死于Covid-19。古突士的942例Covid-19 死亡中有五分之一发生在过去10天内。基因组测序显示，最近分析的34个Covid-19样本中有28个属于Delta毒株。\n\n疫苗接种意义\n据巴伦周刊，早期信息表明，完全接种疫苗的人对Delta变异株具有较强的免疫力，Delta变异株对未接种疫苗和接种部分疫苗的人构成了严重威胁。\n摩根大通分析师David Mackie在周一的研报中写道：\n\n Delta变种更具传染性，最容易感染变体B. 1.617.2 的是那些尚未完全接种疫苗的人，这些人占全球人口的很大一部分，尤其是在拉丁美洲和非洲。但完全接种疫苗的人得到了很好的保护。\n\n根据英国机构Public Health England 6月3日发布的风险评估，由Delta变异株引起的病例可能存在更高的住院风险。\n英国公共卫生部表示，单剂疫苗对Delta变异株的防护作用明显低于对其他版本病毒的保护作用，两剂疫苗可提供更多保护。\n英国公共卫生部发表的一篇尚未经过同行评审的论文中称，在接种单剂阿斯利康或辉瑞疫苗后，疫苗对Delta变体的防护有效性为33.5%，对Alpha变体的有效性为51.1。而在接种两剂辉瑞疫苗后，对Delta变体的有效率为 87.9%，对Alpha变体的有效率为 93.4%，差异显著缩小。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":5038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161338593,"gmtCreate":1623904389912,"gmtModify":1703823142350,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161338593","repostId":"1186688505","repostType":4,"repost":{"id":"1186688505","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":1623891302,"share":"https://ttm.financial/m/news/1186688505?lang=en_US&edition=fundamental","pubTime":"2021-06-17 08:55","market":"hk","language":"zh","title":"Youran Animal Husbandry has an 80% success rate in a single lot, with one lot guaranteed after subscribing to 3 lots.","url":"https://stock-news.laohu8.com/highlight/detail?id=1186688505","media":"老虎资讯综合","summary":"6月17日消息，本周四优然牧业发布公告，公司发行7.15亿股股份，每股定价6.98港元，每手1000股，预期将于6月18日上市。\n公开发售阶段优然牧业获3.73倍认购，分配至公开发售的发售股份最终数目","content":"<p>June 17th news, this Thursday<a href=\"https://laohu8.com/S/09858\">Youran Animal Husbandry</a>The company issued an announcement stating that it will issue 715 million shares at a price of HK$6.98 per share, with 1,000 shares per lot, and is expected to list on June 18.</p><p>During the public offering phase, Youran Dairy was subscribed 3.73 times, and the final number of offer shares allocated to the public offering was 71.544 million shares, accounting for 10% of the total number of offer shares (before any over-allotment option was exercised). A total of 28,283 valid applications were received, with an 80% success rate per lot, and one lot was guaranteed to be successful after subscribing to 3 lots.</p><p>In addition, the international offering was oversubscribed, with the final number of shares offered being 644 million (excluding over-allocated shares), representing 90% of the total number of shares offered. The relevant data compiled by Tiger News is shown in the table below:<img src=\"https://static.tigerbbs.com/a2349a0d398ab0b7c627322586dc1995\" tg-width=\"661\" tg-height=\"550\" referrerpolicy=\"no-referrer\"><b>Subscription ladder:</b></p><p>Each lot consists of 1,000 shares, with an entry fee of HK$8,747.26. The winning rate for one lot is 80%, and subscribing to three lots is guaranteed to win one lot.</p><p>The threshold for Group B is 600,000 shares, and the funds required for subscription are approximately HK$5,248,360.09.<img src=\"https://static.tigerbbs.com/183b55b260a699e4eed6d62b7a2b20d9\" tg-width=\"713\" tg-height=\"208\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/baef5fa28b0cc392f49dad86d7d64628\" tg-width=\"721\" tg-height=\"786\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/46328b4384685df91ed4359f3713a90a\" tg-width=\"714\" tg-height=\"329\" referrerpolicy=\"no-referrer\">During the public offering phase, Youran Dairy was subscribed 3.73 times, and the final number of offer shares allocated to the public offering was 71.544 million shares, accounting for 10% of the total number of offer shares (before any over-allotment option was exercised). A total of 28,283 valid applications were received, with an 80% success rate per lot, and one lot was guaranteed to be successful after subscribing to 3 lots.</p><p>In addition, the international offering was oversubscribed, with the final number of shares offered being 644 million (excluding over-allocated shares), representing 90% of the total number of shares offered. The relevant data compiled by Tiger News is shown in the table below:</p><p>Regarding the use of funds, the company plans to use the net proceeds of approximately HK$3.238 billion from the global offering for the following purposes: approximately 75% will be allocated to fund investment projects over the next two years, including the construction of ranches under construction, newly built ranches and feed production bases and the purchase of necessary facilities and equipment for them; Approximately 15% may be allocated to pastures to purchase dairy cows; Approximately 10% will be allocated for working capital and general corporate purposes.</p><p>It is understood that Youran Dairy was founded in 1984 and was once a wholly-owned subsidiary of Yili, the world's fifth-largest dairy manufacturer. In 2015, it spun off its business from Yili for operation. The company has now developed into a leader in China's upstream dairy market, with its business layout covering the entire upstream dairy industry chain from breeding to feed and raw milk production.</p><p>According to Frost & Sullivan,<b>Based on 2020 revenue, the company is China's largest upstream integrated dairy product and service provider.</b>The company provides high-quality raw milk to large dairy manufacturers and ruminant farming products and services to ranches through two business segments: raw milk and ruminant farming systematic solutions. Yili is Youran Dairy's largest customer.</p><p>In terms of financial data, the company's total revenue was RMB 6.334 billion, RMB 7.668 billion and RMB 11.781 billion from 2018 to 2020, respectively, with a compound annual growth rate of 36.4%; During the same period, the company recorded net profits of RMB 653 million, RMB 802 million and RMB 1.541 billion, respectively, with a compound annual growth rate of 53.6%.</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>Youran Animal Husbandry has an 80% success rate in a single lot, with one lot guaranteed after subscribing to 3 lots.</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\">\nYouran Animal Husbandry has an 80% success rate in a single lot, with one lot guaranteed after subscribing to 3 lots.\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\">2021-06-17 08:55</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>June 17th news, this Thursday<a href=\"https://laohu8.com/S/09858\">Youran Animal Husbandry</a>The company issued an announcement stating that it will issue 715 million shares at a price of HK$6.98 per share, with 1,000 shares per lot, and is expected to list on June 18.</p><p>During the public offering phase, Youran Dairy was subscribed 3.73 times, and the final number of offer shares allocated to the public offering was 71.544 million shares, accounting for 10% of the total number of offer shares (before any over-allotment option was exercised). A total of 28,283 valid applications were received, with an 80% success rate per lot, and one lot was guaranteed to be successful after subscribing to 3 lots.</p><p>In addition, the international offering was oversubscribed, with the final number of shares offered being 644 million (excluding over-allocated shares), representing 90% of the total number of shares offered. The relevant data compiled by Tiger News is shown in the table below:<img src=\"https://static.tigerbbs.com/a2349a0d398ab0b7c627322586dc1995\" tg-width=\"661\" tg-height=\"550\" referrerpolicy=\"no-referrer\"><b>Subscription ladder:</b></p><p>Each lot consists of 1,000 shares, with an entry fee of HK$8,747.26. The winning rate for one lot is 80%, and subscribing to three lots is guaranteed to win one lot.</p><p>The threshold for Group B is 600,000 shares, and the funds required for subscription are approximately HK$5,248,360.09.<img src=\"https://static.tigerbbs.com/183b55b260a699e4eed6d62b7a2b20d9\" tg-width=\"713\" tg-height=\"208\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/baef5fa28b0cc392f49dad86d7d64628\" tg-width=\"721\" tg-height=\"786\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/46328b4384685df91ed4359f3713a90a\" tg-width=\"714\" tg-height=\"329\" referrerpolicy=\"no-referrer\">During the public offering phase, Youran Dairy was subscribed 3.73 times, and the final number of offer shares allocated to the public offering was 71.544 million shares, accounting for 10% of the total number of offer shares (before any over-allotment option was exercised). A total of 28,283 valid applications were received, with an 80% success rate per lot, and one lot was guaranteed to be successful after subscribing to 3 lots.</p><p>In addition, the international offering was oversubscribed, with the final number of shares offered being 644 million (excluding over-allocated shares), representing 90% of the total number of shares offered. The relevant data compiled by Tiger News is shown in the table below:</p><p>Regarding the use of funds, the company plans to use the net proceeds of approximately HK$3.238 billion from the global offering for the following purposes: approximately 75% will be allocated to fund investment projects over the next two years, including the construction of ranches under construction, newly built ranches and feed production bases and the purchase of necessary facilities and equipment for them; Approximately 15% may be allocated to pastures to purchase dairy cows; Approximately 10% will be allocated for working capital and general corporate purposes.</p><p>It is understood that Youran Dairy was founded in 1984 and was once a wholly-owned subsidiary of Yili, the world's fifth-largest dairy manufacturer. In 2015, it spun off its business from Yili for operation. The company has now developed into a leader in China's upstream dairy market, with its business layout covering the entire upstream dairy industry chain from breeding to feed and raw milk production.</p><p>According to Frost & Sullivan,<b>Based on 2020 revenue, the company is China's largest upstream integrated dairy product and service provider.</b>The company provides high-quality raw milk to large dairy manufacturers and ruminant farming products and services to ranches through two business segments: raw milk and ruminant farming systematic solutions. Yili is Youran Dairy's largest customer.</p><p>In terms of financial data, the company's total revenue was RMB 6.334 billion, RMB 7.668 billion and RMB 11.781 billion from 2018 to 2020, respectively, with a compound annual growth rate of 36.4%; During the same period, the company recorded net profits of RMB 653 million, RMB 802 million and RMB 1.541 billion, respectively, with a compound annual growth rate of 53.6%.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/22fb0a544aa253b668379d9f58bbe5a9","relate_stocks":{"09858":"优然牧业"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186688505","content_text":"6月17日消息，本周四优然牧业发布公告，公司发行7.15亿股股份，每股定价6.98港元，每手1000股，预期将于6月18日上市。\n公开发售阶段优然牧业获3.73倍认购，分配至公开发售的发售股份最终数目为7154.4万股，占发售股份总数的10%（任何超额配股权获行使前）。合共接获28283份有效申请，一手中签率80%，认购3手稳中一手。\n此外，国际发售获超额认购，发售股份最终数目为6.44亿股（不包括超额分配股份），相当于发售股份总数的90%。老虎资讯整理相关数据如下表：申购阶梯：\n每手1000股，入场费8,747.26港元。一手中签率80%，认购3手稳中一手。\n乙组门槛为60万股，申购所需资金约5,248,360.09港元。公开发售阶段优然牧业获3.73倍认购，分配至公开发售的发售股份最终数目为7154.4万股，占发售股份总数的10%（任何超额配股权获行使前）。合共接获28283份有效申请，一手中签率80%，认购3手稳中一手。\n此外，国际发售获超额认购，发售股份最终数目为6.44亿股（不包括超额分配股份），相当于发售股份总数的90%。老虎资讯整理相关数据如下表：\n筹资用途方面，公司拟将全球发售所得款项净额约32.38亿港元用于以下用途：约75%将分配用于拨付未来两年的投资项目，包括兴建正在建设的牧场、新建的牧场及饲料生产基地并为其购置所需设施设备；约15%或将分配用于牧场购买奶牛；约10%将分配用于营运资金及一般企业用途。\n据悉，优然牧业成立于1984年，曾作为全球排名第五的大型乳制品制造商伊利旗下全资附属公司，2015年将业务从伊利分拆出来运营。目前公司已发展成为中国乳业上游市场的领导者，业务布局覆盖由育种到饲料再到原料奶生产的乳业上游全产业链。\n根据弗若斯特沙利文的资料，按2020年收入计，公司是中国规模最大的乳业上游综合产品和服务提供商。公司通过原料奶及反刍动物养殖系统化解决方案两个业务分部，向大型乳制品制造商提供优质原料奶并向牧场提供反刍动物养殖产品及服务，伊利是优然牧业最大的客户。\n财务数据方面，2018年至2020年公司总营收分别为人民币63.34亿元、76.68亿元及117.81亿元，复合年增长率为36.4%；同期录得净利润6.53亿元、8.02亿元及15.41亿元，复合年增长率为53.6%。","news_type":1,"symbols_score_info":{"09858":0.9}},"isVote":1,"tweetType":1,"viewCount":4420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120124565,"gmtCreate":1624316400957,"gmtModify":1703833071809,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120124565","repostId":"1131452883","repostType":4,"repost":{"id":"1131452883","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":1624290305,"share":"https://ttm.financial/m/news/1131452883?lang=en_US&edition=fundamental","pubTime":"2021-06-21 23:45","market":"us","language":"zh","title":"Spark Thinking submitted its IPO application in the US, with first-quarter revenue growing by 202.7%.","url":"https://stock-news.laohu8.com/highlight/detail?id=1131452883","media":"老虎资讯综合","summary":"据美国证券交易委员会文件：火花思维教育科技公司提交在美IPO申请，拟筹资达1亿美元，寻求在纳斯达克上市，股票代码为SPRK。\n招股书显示，火花思维2019年营收为1.95亿元，2020年营收为11.7","content":"<p>According to U.S. Securities and Exchange Commission filings, Spark Thinking Education Technology has filed for an IPO in the United States, aiming to raise $100 million and seek to list on Nasdaq under the ticker symbol SPRK.</p><p>According to the prospectus, Spark Thinking's revenue was 195 million yuan in 2019 and 1.174 billion yuan in 2020, representing a year-on-year increase of 502.1%. Spark Thinking suffered a net loss of 771 million yuan in 2019, 952 million yuan in 2020, and a cumulative loss of 1.723 billion yuan in the past two years.</p><p>For the first quarter ending March 31, Spark Thinking's revenue was 454 million yuan, a year-on-year increase of 202.7%. In the first quarter, Spark Thinking reported a net loss of 374 million yuan, an increase of 78.95% compared to the first quarter of 2020.</p><p>The loss was mainly due to the rapid growth in selling and marketing expenses. According to the prospectus, in 2019, Spark Thinking's sales and marketing expenses, R&D expenses and general administrative expenses were RMB 236 million, RMB 240 million and RMB 128 million, respectively. In 2020, these three expenditures were 798 million yuan, 327 million yuan, and 178 million yuan, respectively.</p><p>In the first quarter of 2021, Spark Thinking's sales and marketing expenses were RMB 343 million, an increase of 203.5% compared to the first quarter of 2020. R&D investment was 144 million yuan, an increase of 107.7% compared to the first quarter of 2020.</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>Spark Thinking submitted its IPO application in the US, with first-quarter revenue growing by 202.7%.</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\">\nSpark Thinking submitted its IPO application in the US, with first-quarter revenue growing by 202.7%.\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\">2021-06-21 23:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>According to U.S. Securities and Exchange Commission filings, Spark Thinking Education Technology has filed for an IPO in the United States, aiming to raise $100 million and seek to list on Nasdaq under the ticker symbol SPRK.</p><p>According to the prospectus, Spark Thinking's revenue was 195 million yuan in 2019 and 1.174 billion yuan in 2020, representing a year-on-year increase of 502.1%. Spark Thinking suffered a net loss of 771 million yuan in 2019, 952 million yuan in 2020, and a cumulative loss of 1.723 billion yuan in the past two years.</p><p>For the first quarter ending March 31, Spark Thinking's revenue was 454 million yuan, a year-on-year increase of 202.7%. In the first quarter, Spark Thinking reported a net loss of 374 million yuan, an increase of 78.95% compared to the first quarter of 2020.</p><p>The loss was mainly due to the rapid growth in selling and marketing expenses. According to the prospectus, in 2019, Spark Thinking's sales and marketing expenses, R&D expenses and general administrative expenses were RMB 236 million, RMB 240 million and RMB 128 million, respectively. In 2020, these three expenditures were 798 million yuan, 327 million yuan, and 178 million yuan, respectively.</p><p>In the first quarter of 2021, Spark Thinking's sales and marketing expenses were RMB 343 million, an increase of 203.5% compared to the first quarter of 2020. R&D investment was 144 million yuan, an increase of 107.7% compared to the first quarter of 2020.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7186383295e35dbeed76b7df4bae0d3b","relate_stocks":{".IXIC":"NASDAQ Composite"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131452883","content_text":"据美国证券交易委员会文件：火花思维教育科技公司提交在美IPO申请，拟筹资达1亿美元，寻求在纳斯达克上市，股票代码为SPRK。\n招股书显示，火花思维2019年营收为1.95亿元，2020年营收为11.74亿元，年比增幅为502.1%；火花思维在2019年的净亏损为7.71亿元，2020年净亏损9.52亿元，近两年累计亏损17.23亿元。\n截止3月31日的第一季度，火花思维营收为4.54亿元，同比增长202.7%。一季度，火花思维净亏损为3.74亿元，同比2020年第一季度扩大78.95%。\n亏损主要来自于销售及市场营销费用支出的快速增长。招股书显示，2019年火花思维的销售及市场营销费用、研发费用和一般行政管理支出费用分别是2.36亿元、2.4亿元及1.28亿元；2020年，这三项支出分别是7.98亿元、3.27亿元和1.78亿元。\n2021年第一季度，火花思维的销售及市场营销费用支出为3.43亿元，同比2020年第一季度增长203.5%。研发投入为1.44亿元，同比2020年第一季度增长107.7%。","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":4546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167708879,"gmtCreate":1624283738891,"gmtModify":1703832428689,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167708879","repostId":"1167576320","repostType":4,"repost":{"id":"1167576320","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":1624282140,"share":"https://ttm.financial/m/news/1167576320?lang=en_US&edition=fundamental","pubTime":"2021-06-21 21:29","market":"us","language":"zh","title":"Opening: US stocks opened higher across the board, with most US infrastructure concepts rising.","url":"https://stock-news.laohu8.com/highlight/detail?id=1167576320","media":"老虎资讯综合","summary":"6月21日（周一），道琼斯指数开盘上涨231.15点，涨幅0.69%，报33521.23点；纳斯达克综合指数开盘上涨29.05点，涨幅0.21%，报14059.42点；标普500指数开盘上涨20.07","content":"<p>On Monday, June 21, the Dow Jones Industrial Average opened 231.15 points higher, or 0.69%, at 33,521.23. The Nasdaq Composite Index opened up 29.05 points, or 0.21%, at 14,059.42. The S&P 500 opened up 20.07 points, or 0.48%, at 4,186.52.</p><p><img src=\"https://static.tigerbbs.com/8737771515cfb344cbc10cfa8fecbe51\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>U.S. infrastructure stocks rose in early trading.<a href=\"https://laohu8.com/S/X\">American Steel</a>Up 3.65%<a href=\"https://laohu8.com/S/CAT\">Caterpillar</a>Up 2.38%<a href=\"https://laohu8.com/S/OSN\">Aosheng Innovation</a>It rose 1.74%.</p><p>Most blockchain stocks declined.<a href=\"https://laohu8.com/S/BTCM\">Bit Mining</a>Down more than 9%<a href=\"https://laohu8.com/S/EBON\">Ebang International</a>Down more than 8%<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Riot Blockchain fell more than 4%, and Riot Blockchain fell more than 3%. previously<a href=\"https://laohu8.com/S/601398\">Industrial and Commercial Bank</a>、<a href=\"https://laohu8.com/S/601288\">Agricultural bank</a>、<a href=\"https://laohu8.com/S/601939\">CCB</a>Alipay (China) and others have issued announcements banning the transaction of virtual currencies such as Bitcoin.</p><p>Chinese education stocks listed in the US generally fell.<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>It fell more than 5%.<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>It fell more than 3%.<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It fell 2.39%.</p><p>U.S. new energy vehicle stocks fell.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It fell 6.65%.<a href=\"https://laohu8.com/S/FSR\">fisherman</a>It fell 4.25%.<a href=\"https://laohu8.com/S/TSP\">Tucson Future</a>It fell 3.8%.<a href=\"https://laohu8.com/S/NKLA\">Nicholas</a>It fell 3.57%.<a href=\"https://laohu8.com/S/NIO\">Nio Automotive</a>It fell 3.2%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIU\">Niu Electric</a>It fell by more than 2%.</p><p><a href=\"https://laohu8.com/S/LDL\">Leidel</a>Clearlake Capital's high-performance specialty materials supplier Unifrax, which surged over 80%, will be acquired for $62.10 per share.<a href=\"https://laohu8.com/S/LDL\">Leidel</a>。</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opening: US stocks opened higher across the board, with most US infrastructure concepts rising.</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\">\nOpening: US stocks opened higher across the board, with most US infrastructure concepts rising.\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\">2021-06-21 21:29</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On Monday, June 21, the Dow Jones Industrial Average opened 231.15 points higher, or 0.69%, at 33,521.23. The Nasdaq Composite Index opened up 29.05 points, or 0.21%, at 14,059.42. The S&P 500 opened up 20.07 points, or 0.48%, at 4,186.52.</p><p><img src=\"https://static.tigerbbs.com/8737771515cfb344cbc10cfa8fecbe51\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>U.S. infrastructure stocks rose in early trading.<a href=\"https://laohu8.com/S/X\">American Steel</a>Up 3.65%<a href=\"https://laohu8.com/S/CAT\">Caterpillar</a>Up 2.38%<a href=\"https://laohu8.com/S/OSN\">Aosheng Innovation</a>It rose 1.74%.</p><p>Most blockchain stocks declined.<a href=\"https://laohu8.com/S/BTCM\">Bit Mining</a>Down more than 9%<a href=\"https://laohu8.com/S/EBON\">Ebang International</a>Down more than 8%<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Riot Blockchain fell more than 4%, and Riot Blockchain fell more than 3%. previously<a href=\"https://laohu8.com/S/601398\">Industrial and Commercial Bank</a>、<a href=\"https://laohu8.com/S/601288\">Agricultural bank</a>、<a href=\"https://laohu8.com/S/601939\">CCB</a>Alipay (China) and others have issued announcements banning the transaction of virtual currencies such as Bitcoin.</p><p>Chinese education stocks listed in the US generally fell.<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>It fell more than 5%.<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>It fell more than 3%.<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It fell 2.39%.</p><p>U.S. new energy vehicle stocks fell.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It fell 6.65%.<a href=\"https://laohu8.com/S/FSR\">fisherman</a>It fell 4.25%.<a href=\"https://laohu8.com/S/TSP\">Tucson Future</a>It fell 3.8%.<a href=\"https://laohu8.com/S/NKLA\">Nicholas</a>It fell 3.57%.<a href=\"https://laohu8.com/S/NIO\">Nio Automotive</a>It fell 3.2%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIU\">Niu Electric</a>It fell by more than 2%.</p><p><a href=\"https://laohu8.com/S/LDL\">Leidel</a>Clearlake Capital's high-performance specialty materials supplier Unifrax, which surged over 80%, will be acquired for $62.10 per share.<a href=\"https://laohu8.com/S/LDL\">Leidel</a>。</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167576320","content_text":"6月21日（周一），道琼斯指数开盘上涨231.15点，涨幅0.69%，报33521.23点；纳斯达克综合指数开盘上涨29.05点，涨幅0.21%，报14059.42点；标普500指数开盘上涨20.07点，涨幅0.48%，报4186.52点。\n\n美国基建股盘初走强，美国钢铁涨3.65%，卡特彼勒涨2.38%，奥盛创新涨1.74%。\n区块链股多数下挫，比特矿业跌超9%、亿邦国际跌超8%、嘉楠科技跌超4%、Riot Blockchain跌超3%。此前工商银行、农业银行、建设银行、支付宝（中国）等纷纷发表公告禁止开展比特币等虚拟货币交易。\n中概教育股普跌，好未来跌超5%，新东方跌超3%，高途跌2.39%。\n美股新能源车股走低，小鹏汽车跌6.65%，Fisker跌4.25%，图森未来跌3.8%，Nikola跌3.57%，蔚来汽车跌3.2%，理想汽车、小牛电动跌超2%。\n莱德尔大涨超80%， Clearlake Capital旗下高性能特种材料供应商Unifrax将以以62.10美元/股的价格收购莱德尔。","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120444816,"gmtCreate":1624334840035,"gmtModify":1703833799033,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120444816","repostId":"1175917752","repostType":4,"repost":{"id":"1175917752","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":1624324803,"share":"https://ttm.financial/m/news/1175917752?lang=en_US&edition=fundamental","pubTime":"2021-06-22 09:20","market":"hk","language":"zh","title":"Guichuang Tongqiao-B begins its IPO today, with an entry fee of approximately HK$21,565.15 per lot.","url":"https://stock-news.laohu8.com/highlight/detail?id=1175917752","media":"老虎资讯综合","summary":"6月22日讯，归创通桥-B港交所公告，公司于2021年6月22日-25日招股，拟全球发售6000万股H股，香港公开发售占10%，国际发售占90%，另有15%超额配股权。每股39.8-42.7港元，每手","content":"<p>June 22nd news,<a href=\"https://laohu8.com/S/02190\">Guichuang Tongqiao-B</a>The Hong Kong Stock Exchange announced that the company will conduct an IPO from June 22 to 25, 2021, with a proposed global offering of 60 million H shares, of which 10% will be offered in Hong Kong, 90% will be offered internationally, and there will be an over-allotment option of 15%. The shares are expected to be listed on the Main Board of the Stock Exchange on July 5, 2021, at HK$39.8-42.7 per share, with 500 shares per lot. Morgan Stanley and CITIC Securities are the joint sponsors.</p><p><b>Tiger Trade will open for subscription at 11:30.</b><a href=\"https://www-web.itiger.com/mi/ipo/index/hk/listing\" target=\"_blank\"><b>Subscription portal</b></a><b>】</b></p><p><img src=\"https://static.tigerbbs.com/5ccb18cb1738a92a6923b389fc572338\" tg-width=\"845\" tg-height=\"754\" referrerpolicy=\"no-referrer\"></p><p><b>Subscription ladder:</b></p><p>Each lot contains 500 shares, with an entry fee of HK$21,565.15.</p><p>The threshold for Group B is 200,000 shares, and the funds required for subscription are approximately HK$8,626,057.58.</p><p><img src=\"https://static.tigerbbs.com/5b4abbd517a0577df2659dfacaca93e3\" tg-width=\"869\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p><p>In terms of its comprehensive product portfolio, the company is a leader in China's neurological and peripheral vascular interventional medical device market. As a comprehensive medical device company supported by independent R&D and manufacturing capabilities, proprietary technology platforms, and proven commercialization capabilities, and led by an experienced management team, the company provides medical devices for the treatment and management of neurological and peripheral vascular diseases to doctors and patients in China and overseas. The company's current treatment areas include acute ischemic stroke (AIS), intracranial aneurysms, carotid artery stenosis, peripheral arterial and venous diseases, and dialysis-related diseases.</p><p>According to Frost & Sullivan, the company has 22 approved products and product candidates. Among domestic players in China, the company has the most comprehensive portfolio of peripheral vascular interventional products, covering a full range of arterial and venous products such as stents, balloons, catheters and filters. In addition, the company's product portfolio also includes two vascular closure device candidates, making the company the first medical device company in China to develop a vascular closure device candidate. Since its establishment in 2012, the company has systematically and comprehensively developed 45 products and product candidate portfolios, covering the neurological and peripheral vascular device market and the vascular closure device market, all of which are characterized by serious insufficient penetration and rapid development. The company's two core products are the Jiaolong intracranial thrombectomy stent and the UltrafreeTM drug-eluting PTA balloon dilatation catheter (Ultrafree DCB). These two core products have been commercialized in China, and the company is conducting further research and development on these two core products.</p><p>Financial data shows that in 2019 and 2020, the company achieved revenue of RMB 4.917 million and RMB 27.631 million, respectively; The net losses were approximately RMB 66.647 million and RMB 100 million, respectively. The majority of the operating losses were attributable to costs incurred by the Company in selling and distribution expenses, research and development expenses and administrative expenses related to going concern.</p><p><img src=\"https://static.tigerbbs.com/7ae57878256177f384fa6f1f7336dc10\" tg-width=\"667\" tg-height=\"810\" referrerpolicy=\"no-referrer\"></p><p>In addition, the company will continue to incur huge losses in 2021 as it continues to invest heavily in research and development activities to expand the development of its product candidates and seek regulatory approval for them.</p><p>The announcement stated that the company has entered into cornerstone investment agreements with 12 cornerstone investors, who have agreed, subject to certain conditions, to subscribe for a certain number of offer shares at the offer price, which can be purchased for a total amount of US$145 million.</p><p>To the best of the Company's knowledge, except that AIHC, Cormorant, Hudson Bay, Lake Bleu Prime and Octagon are all existing shareholders of the Company or their close associates, each of the Cornerstone Investors is an independent third party and is not a related party of the Company. Among them, Gaoling Fund, LP, YHG Investment, LP, and Fidelity International Lake Bleu Prime, Boyu Capital Opportunity Master Fund, AIHC Master Fund, Hudson Bay and Snow Lake Fund The subscription amounts were $30 million, $20 million, $20 million, $16 million, $16 million, $10 million, and $10 million, respectively.</p><p><img src=\"https://static.tigerbbs.com/9817ed27c529206fe64fd47ee9d9ddd2\" tg-width=\"610\" tg-height=\"726\" referrerpolicy=\"no-referrer\"></p><p>Assuming the Over-allotment Option is not exercised and the Offer Price is HK$41.25 per Share, the net proceeds from the Global Offering will be approximately HK$2.314 billion. Approximately 12.5% will be allocated to the continued research, development, production, and commercialization of the Jiaolong intracranial thrombectomy stent; Approximately 24.5% will be allocated to the continued research, development, production, and commercialization of the core product, Ultrafree DCB; Approximately 11.0% will be allocated to the continued research and development, production, and commercialization of the other five major products; Approximately 40.0% will be allocated to the other 38 products and pipelines under development to develop a product portfolio to provide full-line solutions. Approximately 3.0% will be allocated to further upgrading research and development facilities; Approximately 4.0% is allocated for potential strategic acquisitions, investments, licensed introductions, or cooperation; and approximately 5.0% will be used for working capital and general corporate purposes.</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>Guichuang Tongqiao-B begins its IPO today, with an entry fee of approximately HK$21,565.15 per lot.</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\">\nGuichuang Tongqiao-B begins its IPO today, with an entry fee of approximately HK$21,565.15 per lot.\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\">2021-06-22 09:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>June 22nd news,<a href=\"https://laohu8.com/S/02190\">Guichuang Tongqiao-B</a>The Hong Kong Stock Exchange announced that the company will conduct an IPO from June 22 to 25, 2021, with a proposed global offering of 60 million H shares, of which 10% will be offered in Hong Kong, 90% will be offered internationally, and there will be an over-allotment option of 15%. The shares are expected to be listed on the Main Board of the Stock Exchange on July 5, 2021, at HK$39.8-42.7 per share, with 500 shares per lot. Morgan Stanley and CITIC Securities are the joint sponsors.</p><p><b>Tiger Trade will open for subscription at 11:30.</b><a href=\"https://www-web.itiger.com/mi/ipo/index/hk/listing\" target=\"_blank\"><b>Subscription portal</b></a><b>】</b></p><p><img src=\"https://static.tigerbbs.com/5ccb18cb1738a92a6923b389fc572338\" tg-width=\"845\" tg-height=\"754\" referrerpolicy=\"no-referrer\"></p><p><b>Subscription ladder:</b></p><p>Each lot contains 500 shares, with an entry fee of HK$21,565.15.</p><p>The threshold for Group B is 200,000 shares, and the funds required for subscription are approximately HK$8,626,057.58.</p><p><img src=\"https://static.tigerbbs.com/5b4abbd517a0577df2659dfacaca93e3\" tg-width=\"869\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p><p>In terms of its comprehensive product portfolio, the company is a leader in China's neurological and peripheral vascular interventional medical device market. As a comprehensive medical device company supported by independent R&D and manufacturing capabilities, proprietary technology platforms, and proven commercialization capabilities, and led by an experienced management team, the company provides medical devices for the treatment and management of neurological and peripheral vascular diseases to doctors and patients in China and overseas. The company's current treatment areas include acute ischemic stroke (AIS), intracranial aneurysms, carotid artery stenosis, peripheral arterial and venous diseases, and dialysis-related diseases.</p><p>According to Frost & Sullivan, the company has 22 approved products and product candidates. Among domestic players in China, the company has the most comprehensive portfolio of peripheral vascular interventional products, covering a full range of arterial and venous products such as stents, balloons, catheters and filters. In addition, the company's product portfolio also includes two vascular closure device candidates, making the company the first medical device company in China to develop a vascular closure device candidate. Since its establishment in 2012, the company has systematically and comprehensively developed 45 products and product candidate portfolios, covering the neurological and peripheral vascular device market and the vascular closure device market, all of which are characterized by serious insufficient penetration and rapid development. The company's two core products are the Jiaolong intracranial thrombectomy stent and the UltrafreeTM drug-eluting PTA balloon dilatation catheter (Ultrafree DCB). These two core products have been commercialized in China, and the company is conducting further research and development on these two core products.</p><p>Financial data shows that in 2019 and 2020, the company achieved revenue of RMB 4.917 million and RMB 27.631 million, respectively; The net losses were approximately RMB 66.647 million and RMB 100 million, respectively. The majority of the operating losses were attributable to costs incurred by the Company in selling and distribution expenses, research and development expenses and administrative expenses related to going concern.</p><p><img src=\"https://static.tigerbbs.com/7ae57878256177f384fa6f1f7336dc10\" tg-width=\"667\" tg-height=\"810\" referrerpolicy=\"no-referrer\"></p><p>In addition, the company will continue to incur huge losses in 2021 as it continues to invest heavily in research and development activities to expand the development of its product candidates and seek regulatory approval for them.</p><p>The announcement stated that the company has entered into cornerstone investment agreements with 12 cornerstone investors, who have agreed, subject to certain conditions, to subscribe for a certain number of offer shares at the offer price, which can be purchased for a total amount of US$145 million.</p><p>To the best of the Company's knowledge, except that AIHC, Cormorant, Hudson Bay, Lake Bleu Prime and Octagon are all existing shareholders of the Company or their close associates, each of the Cornerstone Investors is an independent third party and is not a related party of the Company. Among them, Gaoling Fund, LP, YHG Investment, LP, and Fidelity International Lake Bleu Prime, Boyu Capital Opportunity Master Fund, AIHC Master Fund, Hudson Bay and Snow Lake Fund The subscription amounts were $30 million, $20 million, $20 million, $16 million, $16 million, $10 million, and $10 million, respectively.</p><p><img src=\"https://static.tigerbbs.com/9817ed27c529206fe64fd47ee9d9ddd2\" tg-width=\"610\" tg-height=\"726\" referrerpolicy=\"no-referrer\"></p><p>Assuming the Over-allotment Option is not exercised and the Offer Price is HK$41.25 per Share, the net proceeds from the Global Offering will be approximately HK$2.314 billion. Approximately 12.5% will be allocated to the continued research, development, production, and commercialization of the Jiaolong intracranial thrombectomy stent; Approximately 24.5% will be allocated to the continued research, development, production, and commercialization of the core product, Ultrafree DCB; Approximately 11.0% will be allocated to the continued research and development, production, and commercialization of the other five major products; Approximately 40.0% will be allocated to the other 38 products and pipelines under development to develop a product portfolio to provide full-line solutions. Approximately 3.0% will be allocated to further upgrading research and development facilities; Approximately 4.0% is allocated for potential strategic acquisitions, investments, licensed introductions, or cooperation; and approximately 5.0% will be used for working capital and general corporate purposes.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"02190":"归创通桥"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175917752","content_text":"6月22日讯，归创通桥-B港交所公告，公司于2021年6月22日-25日招股，拟全球发售6000万股H股，香港公开发售占10%，国际发售占90%，另有15%超额配股权。每股39.8-42.7港元，每手500股，摩根士丹利及中信证券为联席保荐人，预期股份将于2021年7月5日于联交所主板挂牌上市。\nTiger Trade将于11:30开放申购【申购入口】\n\n申购阶梯：\n每手500股，入场费21565.15港元。\n乙组门槛为20万股，申购所需资金约8626057.58港元。\n\n就公司全面的产品组合而言，公司是中国神经和外周血管介入医疗器械市场的领导者。作为一家以自主研发及制造能力、专有技术平台及经良好往绩记录证实的商业化能力为支撑，并由经验丰富的管理团队带领的综合医疗器械公司，公司为中国及海外的医生和患者提供治疗及应对神经和外周血管疾病的医疗器械。公司目前的治疗领域包括急性缺血性脑卒中(AIS)、颅内动脉瘤、颈动脉狭窄、外周动脉和静脉疾病及透析相关疾病。\n根据弗若斯特沙利文的资料，公司拥有22款获批产品及候选产品，在中国的国内参与者中，公司拥有最全面的外周血管介入产品组合，涵盖支架、球囊、导管和滤器等全系列动脉和静脉产品。此外，公司的产品组合亦包括两款血管闭合装置候选产品，使公司成为国内首家开发出血管闭合装置候选产品的医疗器械公司。自2012年创立以来，公司已系统、全面地开发出45款产品及候选产品组合，涵盖神经及外周血管器械市场及血管闭合装置市场，这些市场都存在渗透率严重不足且发展迅速的特点。公司的两款核心产品是蛟龙颅内取栓支架和UltrafreeTM药物洗脱PTA球囊扩张导管(Ultrafree DCB)，这两款核心产品已在中国实现商业化，且公司正在对这两款核心产品展开进一步研发。\n财务资料显示，于2019年及2020年，实现收入分别为人民币491.7万元及2763.1万元;净亏损分别为约人民币6664.7万元及1亿元。经营亏损的绝大部分是由公司的销售及分销开支、研发开支以及与持续经营相关的行政开支所产生的成本所致。\n\n此外，将于2021年继续产生巨额亏损，原因是公司继续大力投资研发活动，以扩大对候选产品的开发及寻求候选产品的监管批准。\n公告称，公司已与12位基石投资者订立基石投资协议，基石投资者已同意在若干条件的规限下，按发售价认购以总金额1.45亿美元可购买的一定数目的发售股份。\n据公司所深知，除AIHC、Cormorant、Hudson Bay、Lake Bleu Prime及 Octagon均为公司现有股东或彼等的紧密联系人外，各基石投资者均为独立第三方且并非公司的关联人士。其中，Gaoling Fund, L.P.及 YHG Investment, L.P、富达国际、Lake Bleu Prime、Boyu Capital Opportunity Master Fund、AIHC Master Fund 、Hudson Bay及Snow Lake Fund认购额分别为3000万美元、2000万美元、2000万美元、1600万美元、1600万美元、1000万美元及1000万美元。\n\n假设超额配售权未获行使且假设发售价为每股股份41.25港元，全球发售净筹约23.14亿港元。约12.5%将被分配予蛟龙颅内取栓支架的持续研发、生产及商业化;约24.5%将被分配予核心产品Ultrafree DCB的持续研发、生产及商业化; 约11.0%将被分配予其他5款主要产品的持续研发、生产及商业化;约40.0%将被分配予其他38款产品及在研管线，以便开发产品组合以提供全线解决方案。约3.0%将分配予进一步升级研发设施;约4.0%被分配用于潜在战略收购、投资、授权引进或合作;及约5.0%将用于营运资金及一般公司用途。","news_type":1,"symbols_score_info":{"02190":0.9}},"isVote":1,"tweetType":1,"viewCount":3809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167534755,"gmtCreate":1624276298577,"gmtModify":1703832175786,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167534755","repostId":"1169694875","repostType":4,"repost":{"id":"1169694875","kind":"news","weMediaInfo":{"introduction":"格隆汇旗下公众号。分享和探讨港股、美国中概股以及少量估值确有吸引力之A股的投资线索、投资机会与投资心得.","home_visible":1,"media_name":"格隆汇投资学苑","id":"3","head_image":"https://static.tigerbbs.com/5d7d04eb4f16b0013ed2c39f71b84b6c"},"pubTimestamp":1624271475,"share":"https://ttm.financial/m/news/1169694875?lang=en_US&edition=fundamental","pubTime":"2021-06-21 18:31","market":"sh","language":"zh","title":"At its peak, pullback/retracement reached nearly 30%. Can China Duty Free Group still hold on?","url":"https://stock-news.laohu8.com/highlight/detail?id=1169694875","media":"格隆汇投资学苑","summary":"稳住，别慌\n\n有人说，前四十年发展快车道看深圳；三十年前快车道看上海浦东；而未来二十年的快车道必定看海南。\n1988年，在中国改革开放进入第十个年头之际，海南岛脱离广东成为中国第31个省级行政区。原本","content":"<p>Stay calm, don't panic. Some say that the rapid development trajectory for the first forty years lies in Shenzhen. Thirty years ago, looking at Pudong, Shanghai on the fast lane; The fast track for the next twenty years will undoubtedly depend on Hainan.</p><p>In 1988, as China's reform and opening up entered its tenth year, Hainan Island separated from Guangdong and became China's 31st provincial-level administrative region. Haikou, a small coastal city with a population of only 300,000, has become the capital of China's largest special economic zone.</p><p>Thirty years later, a major positive development has finally taken effect.<b>Hainan has been elevated to a new historical status.</b></p><p>In June 2020, the State Council released the \"Overall Plan for the Construction of the Hainan Free Trade Port,\" announcing the construction of a free trade port in Hainan.<b>The duty-free shopping limit for individuals has been increased from 30,000 yuan to 100,000 yuan.</b></p><p><img src=\"https://static.tigerbbs.com/649de21d30cd569246580a2abcc4861c\" tg-width=\"443\" tg-height=\"270\" referrerpolicy=\"no-referrer\"></p><p>As a giant in Hainan's duty-free industry<a href=\"https://laohu8.com/S/601888\">China Duty Free Group</a>Spring has also arrived. Within eight months (up to February this year), the stock price rose by more than 280%, reaching a high of 403.78 yuan per share.</p><p><b>1. China Duty Free Group, which took the lead</b></p><p>The favorable policies have brought benefits to Hainan and also brought a spring to Hainan's largest industry—the duty-free industry. Data shows that within six months of the policy's implementation, the Hainan Free Trade Port's average daily sales exceeded 120 million yuan, more than doubling year-on-year.<b>In 2020, Hainan's total offshore duty-free sales (including offshore repurchases) reached 32.5 billion yuan.</b></p><p>Based on normal pre-pandemic data, among the global duty-free shops in 2019, those with the latest establishment and relative disadvantages in scale, channels, and operations...<b>China Duty Free Group ranked fourth with revenue of 6.1 billion euros, far exceeding well-known duty-free providers such as DFS.</b></p><p>In the third quarter of 2020, despite the severe impact on the global tourism industry and consumption, the domestic pandemic situation gradually came under control. Coupled with the favorable duty-free policy, China Duty Free Group's revenue surpassed that of the top three companies, Dufry, Lotte, and Shilla, with revenue of US$2.43 billion.<b>To become the world's largest duty-free operator.</b></p><p><img src=\"https://static.tigerbbs.com/86f357ca03c0f3549943fa71e0b8958e\" tg-width=\"336\" tg-height=\"178\" referrerpolicy=\"no-referrer\"></p><p>(2020 Global Duty Free Revenue)</p><p><b>In the domestic market, China Duty Free Group (CDFG) was indeed a pioneer, acquiring land and opening duty-free shops in Hainan early on.</b>Before 2020, four offshore duty-free shops had already been opened in Hainan, occupying two superior geographical locations: a transportation hub and a commercial center.</p><p>Furthermore, among the eight companies with duty-free licenses in China, two have a direct relationship with China Duty Free Group. Sunrise Duty Free has been acquired by China Duty Free Group, while Haitu has been injected into China Duty Free Group. With the support of this part, China Duty Free Group's market share exceeded 90% in 2020.</p><p>Therefore,<b>As the absolute leader in China's duty-free industry and the only A-share listed company whose main business is duty-free, China Duty Free Group has attracted strong investment from capital.</b>With mutual funds concentrating their efforts, China Duty Free Group became one of the top holdings of mutual funds in 2020.</p><p>Under the influence of multiple factors, China Duty Free Group's stock price soared, jumping from less than 100 yuan in June 2020 to a peak of 400 yuan in February 2021.</p><p><b>2. Growth rate lower than expected</b></p><p>At the end of 2020, with policy support, other duty-free companies such as Shenzhen Rabbit, Hainan Development Holdings, and Hainan Tourism Investment also opened offshore duty-free shops in Hainan, quietly changing the dominant position of China Duty Free Group in the domestic duty-free market.<b>The completion of more duty-free shops in the future will dilute China Duty Free Group's market share of over 90% to around 70%.</b></p><p>At the same time, many companies have launched a \"scramble\" for the 9th duty-free \"gold medal\". Although it will not have an impact in the short term, the duty-free market is very attractive to companies, and more latecomers will enter the market.</p><p>In fact, it can be seen from the stock price trend that after the market opened after the Lunar New Year, China Duty Free Group's stock price fell rapidly, plummeting by nearly 30% in 20 days. Besides the impact of overall market fluctuations after the Lunar New Year,<b>However, another important reason is that its performance has failed to provide strong support for the stock price.</b></p><p>On April 13, China Duty Free Group (CDFG) released its first-quarter results, achieving total revenue of 18.134 billion yuan, a year-on-year increase of 127.48%. The company achieved a net profit of 2.849 billion yuan, compared to a loss of 21.86 million yuan in the same period last year; Operating profit was 4.458 billion yuan, an increase of 4.776 billion yuan compared with the same period of the previous year.</p><p>Numerically speaking,<b>This performance was indeed good, but the vertical growth rate was not considerable, which affected the stock price to hit the daily limit down that day.</b></p><p>China Duty Free Group (CDFG) achieved high performance growth in the first quarter of 2021, but this year-on-year high growth was higher than the low base during the peak of the pandemic in the same period last year. Furthermore, compared to the operating profit of 3.355 billion yuan in the first quarter of 2019, China Duty Free Group's growth in the first quarter of this year was only 33%, far lower than the profit growth rate of 101% in the same period of 2019.</p><p><img src=\"https://static.tigerbbs.com/f22d7da2607644452287a74a43d54a67\" tg-width=\"554\" tg-height=\"123\" referrerpolicy=\"no-referrer\"></p><p>From another perspective, the significant increase in China Duty Free Group's performance in 2020 was mainly due to the strong performance supported by policies in the fourth quarter. The company's operating revenue in the fourth quarter of 2020 was nearly 17.5 billion yuan, compared to 18.1 billion yuan in the first quarter of 2021, and its quarter-on-quarter growth rate is also showing a downward trend.</p><p>As a result, China Duty Free Group's stock price has been fluctuating in a box pattern in recent months, and has continued to decline in the past month, with a tendency to break through the box bottom, falling from 348 yuan/share at the end of May to 281 yuan/share now, a drop of nearly 20%.</p><p><img src=\"https://static.tigerbbs.com/4bb555f087f9f31e7aeca397b8f2b409\" tg-width=\"417\" tg-height=\"290\" referrerpolicy=\"no-referrer\"></p><p><b>3. Summary</b></p><p>China Duty Free Group, which entered the market early, benefited from policy dividends by virtue of its status as the \"first duty-free stock\" and achieved multiple growth in less than a year. However, this was not driven by performance growth, but mainly by the favor of institutional capital.</p><p>As can be seen from the recent rolling P/E of China Duty Free Group, despite the fact that funds are flowing from high valuations to low valuations and the overall market is correcting, China Duty Free's valuation is still at a high level of the historical average. However, it can also be seen that with the stock price pullback/retracement over the past two months, its high valuation is gradually being digested.</p><p><img src=\"https://static.tigerbbs.com/75e76a0fc369946bb6c7636e557c331c\" tg-width=\"554\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p>However, in the long run, with the widespread adoption of vaccinations, people's willingness to travel is gradually recovering, and with the continued stimulation of the offshore duty-free policy,<b>The market size of the duty-free industry is expected to maintain a high growth rate in the coming years.</b></p><p>As the absolute leader in the duty-free industry, China Duty Free Group (CDFG) is expected to continue its performance growth, and investors can wait for a suitable opportunity to strike.</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>At its peak, pullback/retracement reached nearly 30%. Can China Duty Free Group still hold on?</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\">\nAt its peak, pullback/retracement reached nearly 30%. Can China Duty Free Group still hold on?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/3\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/5d7d04eb4f16b0013ed2c39f71b84b6c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">格隆汇投资学苑 </p>\n<p class=\"h-time smaller\">2021-06-21 18:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stay calm, don't panic. Some say that the rapid development trajectory for the first forty years lies in Shenzhen. Thirty years ago, looking at Pudong, Shanghai on the fast lane; The fast track for the next twenty years will undoubtedly depend on Hainan.</p><p>In 1988, as China's reform and opening up entered its tenth year, Hainan Island separated from Guangdong and became China's 31st provincial-level administrative region. Haikou, a small coastal city with a population of only 300,000, has become the capital of China's largest special economic zone.</p><p>Thirty years later, a major positive development has finally taken effect.<b>Hainan has been elevated to a new historical status.</b></p><p>In June 2020, the State Council released the \"Overall Plan for the Construction of the Hainan Free Trade Port,\" announcing the construction of a free trade port in Hainan.<b>The duty-free shopping limit for individuals has been increased from 30,000 yuan to 100,000 yuan.</b></p><p><img src=\"https://static.tigerbbs.com/649de21d30cd569246580a2abcc4861c\" tg-width=\"443\" tg-height=\"270\" referrerpolicy=\"no-referrer\"></p><p>As a giant in Hainan's duty-free industry<a href=\"https://laohu8.com/S/601888\">China Duty Free Group</a>Spring has also arrived. Within eight months (up to February this year), the stock price rose by more than 280%, reaching a high of 403.78 yuan per share.</p><p><b>1. China Duty Free Group, which took the lead</b></p><p>The favorable policies have brought benefits to Hainan and also brought a spring to Hainan's largest industry—the duty-free industry. Data shows that within six months of the policy's implementation, the Hainan Free Trade Port's average daily sales exceeded 120 million yuan, more than doubling year-on-year.<b>In 2020, Hainan's total offshore duty-free sales (including offshore repurchases) reached 32.5 billion yuan.</b></p><p>Based on normal pre-pandemic data, among the global duty-free shops in 2019, those with the latest establishment and relative disadvantages in scale, channels, and operations...<b>China Duty Free Group ranked fourth with revenue of 6.1 billion euros, far exceeding well-known duty-free providers such as DFS.</b></p><p>In the third quarter of 2020, despite the severe impact on the global tourism industry and consumption, the domestic pandemic situation gradually came under control. Coupled with the favorable duty-free policy, China Duty Free Group's revenue surpassed that of the top three companies, Dufry, Lotte, and Shilla, with revenue of US$2.43 billion.<b>To become the world's largest duty-free operator.</b></p><p><img src=\"https://static.tigerbbs.com/86f357ca03c0f3549943fa71e0b8958e\" tg-width=\"336\" tg-height=\"178\" referrerpolicy=\"no-referrer\"></p><p>(2020 Global Duty Free Revenue)</p><p><b>In the domestic market, China Duty Free Group (CDFG) was indeed a pioneer, acquiring land and opening duty-free shops in Hainan early on.</b>Before 2020, four offshore duty-free shops had already been opened in Hainan, occupying two superior geographical locations: a transportation hub and a commercial center.</p><p>Furthermore, among the eight companies with duty-free licenses in China, two have a direct relationship with China Duty Free Group. Sunrise Duty Free has been acquired by China Duty Free Group, while Haitu has been injected into China Duty Free Group. With the support of this part, China Duty Free Group's market share exceeded 90% in 2020.</p><p>Therefore,<b>As the absolute leader in China's duty-free industry and the only A-share listed company whose main business is duty-free, China Duty Free Group has attracted strong investment from capital.</b>With mutual funds concentrating their efforts, China Duty Free Group became one of the top holdings of mutual funds in 2020.</p><p>Under the influence of multiple factors, China Duty Free Group's stock price soared, jumping from less than 100 yuan in June 2020 to a peak of 400 yuan in February 2021.</p><p><b>2. Growth rate lower than expected</b></p><p>At the end of 2020, with policy support, other duty-free companies such as Shenzhen Rabbit, Hainan Development Holdings, and Hainan Tourism Investment also opened offshore duty-free shops in Hainan, quietly changing the dominant position of China Duty Free Group in the domestic duty-free market.<b>The completion of more duty-free shops in the future will dilute China Duty Free Group's market share of over 90% to around 70%.</b></p><p>At the same time, many companies have launched a \"scramble\" for the 9th duty-free \"gold medal\". Although it will not have an impact in the short term, the duty-free market is very attractive to companies, and more latecomers will enter the market.</p><p>In fact, it can be seen from the stock price trend that after the market opened after the Lunar New Year, China Duty Free Group's stock price fell rapidly, plummeting by nearly 30% in 20 days. Besides the impact of overall market fluctuations after the Lunar New Year,<b>However, another important reason is that its performance has failed to provide strong support for the stock price.</b></p><p>On April 13, China Duty Free Group (CDFG) released its first-quarter results, achieving total revenue of 18.134 billion yuan, a year-on-year increase of 127.48%. The company achieved a net profit of 2.849 billion yuan, compared to a loss of 21.86 million yuan in the same period last year; Operating profit was 4.458 billion yuan, an increase of 4.776 billion yuan compared with the same period of the previous year.</p><p>Numerically speaking,<b>This performance was indeed good, but the vertical growth rate was not considerable, which affected the stock price to hit the daily limit down that day.</b></p><p>China Duty Free Group (CDFG) achieved high performance growth in the first quarter of 2021, but this year-on-year high growth was higher than the low base during the peak of the pandemic in the same period last year. Furthermore, compared to the operating profit of 3.355 billion yuan in the first quarter of 2019, China Duty Free Group's growth in the first quarter of this year was only 33%, far lower than the profit growth rate of 101% in the same period of 2019.</p><p><img src=\"https://static.tigerbbs.com/f22d7da2607644452287a74a43d54a67\" tg-width=\"554\" tg-height=\"123\" referrerpolicy=\"no-referrer\"></p><p>From another perspective, the significant increase in China Duty Free Group's performance in 2020 was mainly due to the strong performance supported by policies in the fourth quarter. The company's operating revenue in the fourth quarter of 2020 was nearly 17.5 billion yuan, compared to 18.1 billion yuan in the first quarter of 2021, and its quarter-on-quarter growth rate is also showing a downward trend.</p><p>As a result, China Duty Free Group's stock price has been fluctuating in a box pattern in recent months, and has continued to decline in the past month, with a tendency to break through the box bottom, falling from 348 yuan/share at the end of May to 281 yuan/share now, a drop of nearly 20%.</p><p><img src=\"https://static.tigerbbs.com/4bb555f087f9f31e7aeca397b8f2b409\" tg-width=\"417\" tg-height=\"290\" referrerpolicy=\"no-referrer\"></p><p><b>3. Summary</b></p><p>China Duty Free Group, which entered the market early, benefited from policy dividends by virtue of its status as the \"first duty-free stock\" and achieved multiple growth in less than a year. However, this was not driven by performance growth, but mainly by the favor of institutional capital.</p><p>As can be seen from the recent rolling P/E of China Duty Free Group, despite the fact that funds are flowing from high valuations to low valuations and the overall market is correcting, China Duty Free's valuation is still at a high level of the historical average. However, it can also be seen that with the stock price pullback/retracement over the past two months, its high valuation is gradually being digested.</p><p><img src=\"https://static.tigerbbs.com/75e76a0fc369946bb6c7636e557c331c\" tg-width=\"554\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p>However, in the long run, with the widespread adoption of vaccinations, people's willingness to travel is gradually recovering, and with the continued stimulation of the offshore duty-free policy,<b>The market size of the duty-free industry is expected to maintain a high growth rate in the coming years.</b></p><p>As the absolute leader in the duty-free industry, China Duty Free Group (CDFG) is expected to continue its performance growth, and investors can wait for a suitable opportunity to strike.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/dde701c3294fae0b0a6e20ec22ac1c36","relate_stocks":{"601888":"中国中免"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169694875","content_text":"稳住，别慌\n\n有人说，前四十年发展快车道看深圳；三十年前快车道看上海浦东；而未来二十年的快车道必定看海南。\n1988年，在中国改革开放进入第十个年头之际，海南岛脱离广东成为中国第31个省级行政区。原本人口只有30万的海滨小城海口市一跃成为中国最大经济特区的首府。\n30年后，一项重大利好终于落地，海南被提升到了新的历史地位。\n国务院在2020年6月发布了《海南自由贸易港建设总体方案》，宣布在海南建设自由贸易港，其中将个人的免税购物限额从3万上调至10万元。\n\n作为海南免税业巨头的中国中免，也迎来了春天。8个月内（截至今年2月）股价涨幅超过280%，最高达403.78元/股。\n1、拔得头筹的中免\n政策的春风给海南吹来了利好，同时也给海南最大的产业——免税业带来了春天。从数据来看，政策实施后的半年内，海南自贸港日均销售额超1.2亿元，同比增长达2倍多，2020年全年海南离岛免税销售总额（含离岛补购）达到了325亿元。\n按照疫情前的正常数据来看，2019年全球免税商营业收入排行中，而其中成立时间最晚，规模、渠道和运营相对劣势的中国中免以61亿欧元的收入排名第四，远远高于DFS等知名免税商。\n而2020年的第三季度，在全球旅游业和消费受到剧烈打击的情形下，国内的疫情状况逐渐得到控制，再加之免税政策的利好，中国中免三季度营收一举超过前三名的Dufry、乐天和新罗，营收24.3亿美元，成为全球最大的免税运营商。\n\n（2020年度全球免税商营业收入）\n在国内市场中，中免确实是先行者，早早地在海南圈地、开免税店。2020年之前就已经在海南开设了4家离岛免税店，并分别占据了交通枢纽和商业中心两大优越的地理位置。\n且在国内拥有免税业牌照的八家企业中，有两家都与中免有着直接关系，日上免税行已被中免收购，而海兔也已经注入中免。在这一部分的加持下，中国中免在2020年的市场份额已超过90%。\n因此，中国中免作为国内免税行业的绝对龙头以及A股唯一一家以免税业务为主业的上市公司，受到了资本的大力追捧，公募基金集中抱团，中国中免成为了2020年公募基金的重仓股之一。\n在多重因素的影响下，中国中免的股价一路飞涨，从2020年6月的不足百元跃升至2021年2月最高点的400元。\n2、增速不及预期\n而2020年底，在政策的支持下，深兔、海发控、海旅投等其他免税商也在海南开设了离岛免税店，悄悄改变了中免在国内免税市场中一枝独秀的状况。未来更多免税店的建成也将把中免超过90%的市占率稀释至70%左右。\n与此同时，多家企业展开了对第9张免税“金牌”的“抢夺”，虽然短期内不会造成冲击，但是免税市场对企业的吸引力非常大，也会有更多的后来者入局。\n其实从股价走势中能看出，年后开盘之后中国中免的股价迅速回落，20天内跳水近30%。除了年后大盘整体波动的影响外，但还有一个重要的原因是其业绩却并未能为股价提供有力的支撑。\n4月13日中国中免发布一季度业绩，实现总营收181.34亿元，同比增长127.48%；实现净利润28.49亿元，上年同期亏损2186万元；营业利润44.58亿元，较上年同期增加47.76亿元。\n从数字上来看，这份业绩确实不错，但纵向对比增速并不可观，受此影响当日股价直接跌停。\n2021年一季度中国中免实现了业绩的高增长，但这个同比高增长是与去年同期疫情最严重的时期的低基数之上的。 且与2019年一季度33.55亿元的营业利润相比，中国中免今年一季度增长只有33%，远低于2019年同期101%的利润增速。\n\n且从另一个方面来看，中免2020年的业绩大增主要是受到四季度政策支持业绩走强的影响。2020年四季度的营业收入近175亿元，2021年一季度为181亿元，其环比增速也在呈下降趋势。\n受此影响，中国中免近几个月的股价一直呈箱式震荡，近一个月以来更是持续下跌，且有跌破箱底的趋势，从五月底的348元/股下跌至现在的281元/股，大跌了近20%。\n\n3、总结\n早早入场的中国中免的凭借着“免税第一股”的龙头身份吃到了政策的红利，在不到一年的时间内实现了成倍的增长，但这非来自于业绩增长的推动，主要是受到机构抱团资本的青睐。\n从中国中免近期的滚动市盈率就可以看到，尽管是在资金从高估值流向低估值，大盘整体回调的情况下，中免的估值却仍处在历史的平均水平的高位。不过也能看到，随着近两个月股价的回撤，其高估值也在逐渐被消化。\n\n但长远来看，随着疫苗的接种的普及，人们的旅游意愿也在逐渐恢复，再加上离岛免税政策红利的持续刺激下，免税业这一赛道的市场规模在未来几年仍会保持高增速的态势。\n而中国中免作为目前免税行业的绝对龙头，其业绩仍会持续增长，投资者可以静候合适的击球区。","news_type":1,"symbols_score_info":{"601888":0.9}},"isVote":1,"tweetType":1,"viewCount":4893,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165839610,"gmtCreate":1624113933230,"gmtModify":1703828991502,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165839610","repostId":"2144670555","repostType":4,"repost":{"id":"2144670555","kind":"highlight","pubTimestamp":1624101724,"share":"https://ttm.financial/m/news/2144670555?lang=en_US&edition=fundamental","pubTime":"2021-06-19 19:22","market":"us","language":"zh","title":"While the Federal Reserve is turning hawkish, Goldman Sachs is once again bullish on gold: an excellent defensive asset.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144670555","media":"华尔街见闻","summary":"受美联储政策决议影响，本周多个市场剧烈波动，黄金大跌，但高盛表示继续看好黄金后市，并预测未来几周内黄金价格将出现上行逆转。","content":"<p><html><body>Gold prices plummeted this week after the Federal Reserve unexpectedly adopted hawkish stances, but<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>However, they maintained their bullish stance.</p><p>Gold prices fell more than 6% this week, marking their biggest weekly drop since March 2020.</p><p><img src=\"https://wpimg.wallstcn.com/7bfee0f9-fe40-428e-9f7a-b3fd14de302f.png\"/></p><p>Gold prices reached an all-time high of $2,075.47 per ounce on August 7, 2020, surpassing the earlier high of $1,920.3 per ounce reached on September 6, 2011, but have not broken through this high since and have remained below $2,000 per ounce for a long time.</p><p>Meanwhile, Goldman Sachs stated that gold prices will experience an upward reversal in the coming weeks. One of its studies states:</p><p><span>Gold did not experience strong growth under previous inflationary conditions, which may mean that demand for gold is limited, whether as a defensive asset or an inflation hedge.</span></p><p><span>But this is not the case, for two reasons.</span></p><p><span>First, as our interest rate strategists have pointed out, the current 10-year break-even inflation rate appears too low compared to the inflation path predicted by our economists.</span><span>In fact, this means that there will be almost no inflation risk premium in the coming years.</span></p><p><span>Secondly, if the Federal Reserve's short-term inflation expectations come true, rate hike will begin to become an unnecessary obstacle to the global recovery, damaging economic growth expectations and increasing the defensive value of gold.</span></p><p>In addition, regarding the commodities and crude oil markets, Goldman Sachs also stated:</p><p>Commodity prices have recently fallen due to the Federal Reserve's decision to bring forward its rate hike forecast to 2023, presenting a buying opportunity for investors. The bullish argument for commodities is neither about inflation risks nor about the Federal Reserve's forward guidance. Instead, it's about scarcity and strong real-world demand.</p><p>Driven by strong demand<a href=\"https://laohu8.com/S/00001\">Changhe</a>Given the lack of elastic supply, we believe the resulting physical scarcity could push Brent crude oil prices to an average of $80 in the third quarter and potentially surge above that level.</p><p>In addition, Goldman Sachs also expressed the views of Bitcoin.</p><p>With the rapid rise in Bitcoin prices since last year, more and more people are calling it \"digital gold\".</p><p>Goldman Sachs disagrees with this view, with Jeff Currie, its head of commodities research, stating during an appearance on CNBC's \"Squawk Box Europe\" on Tuesday:</p><p>While both gold and cryptocurrencies are seen as tools to hedge against rising prices, cryptocurrencies are not a substitute for gold, but rather a substitute for copper.</p><p>Gold is generally considered a safe-haven asset, but Bitcoin and copper both appear to be risky assets. Cryptocurrencies are alternatives to risky inflation hedges, not risk-averse inflation hedges.</p><p>Unlike gold prices, which began to decline after reaching new historical highs last year, Bitcoin hit a previous historical high of $18,000 in November 2020, surpassing its previous high of $18,000 in December 2017. After a brief correction, it continued to break through, and finally rose to a high of $64,000 per coin in April this year.</p><p><img src=\"https://wpimg.wallstcn.com/96db662a-7eb2-4689-a725-d1720ef161a0.png\"/></p><p>As of press time, Bitcoin has fallen below $36,000, down more than 40% from its April high.</p><p></body></html></p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>While the Federal Reserve is turning hawkish, Goldman Sachs is once again bullish on gold: an excellent defensive asset.</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\">\nWhile the Federal Reserve is turning hawkish, Goldman Sachs is once again bullish on gold: an excellent defensive asset.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-19 19:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body>Gold prices plummeted this week after the Federal Reserve unexpectedly adopted hawkish stances, but<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>However, they maintained their bullish stance.</p><p>Gold prices fell more than 6% this week, marking their biggest weekly drop since March 2020.</p><p><img src=\"https://wpimg.wallstcn.com/7bfee0f9-fe40-428e-9f7a-b3fd14de302f.png\"/></p><p>Gold prices reached an all-time high of $2,075.47 per ounce on August 7, 2020, surpassing the earlier high of $1,920.3 per ounce reached on September 6, 2011, but have not broken through this high since and have remained below $2,000 per ounce for a long time.</p><p>Meanwhile, Goldman Sachs stated that gold prices will experience an upward reversal in the coming weeks. One of its studies states:</p><p><span>Gold did not experience strong growth under previous inflationary conditions, which may mean that demand for gold is limited, whether as a defensive asset or an inflation hedge.</span></p><p><span>But this is not the case, for two reasons.</span></p><p><span>First, as our interest rate strategists have pointed out, the current 10-year break-even inflation rate appears too low compared to the inflation path predicted by our economists.</span><span>In fact, this means that there will be almost no inflation risk premium in the coming years.</span></p><p><span>Secondly, if the Federal Reserve's short-term inflation expectations come true, rate hike will begin to become an unnecessary obstacle to the global recovery, damaging economic growth expectations and increasing the defensive value of gold.</span></p><p>In addition, regarding the commodities and crude oil markets, Goldman Sachs also stated:</p><p>Commodity prices have recently fallen due to the Federal Reserve's decision to bring forward its rate hike forecast to 2023, presenting a buying opportunity for investors. The bullish argument for commodities is neither about inflation risks nor about the Federal Reserve's forward guidance. Instead, it's about scarcity and strong real-world demand.</p><p>Driven by strong demand<a href=\"https://laohu8.com/S/00001\">Changhe</a>Given the lack of elastic supply, we believe the resulting physical scarcity could push Brent crude oil prices to an average of $80 in the third quarter and potentially surge above that level.</p><p>In addition, Goldman Sachs also expressed the views of Bitcoin.</p><p>With the rapid rise in Bitcoin prices since last year, more and more people are calling it \"digital gold\".</p><p>Goldman Sachs disagrees with this view, with Jeff Currie, its head of commodities research, stating during an appearance on CNBC's \"Squawk Box Europe\" on Tuesday:</p><p>While both gold and cryptocurrencies are seen as tools to hedge against rising prices, cryptocurrencies are not a substitute for gold, but rather a substitute for copper.</p><p>Gold is generally considered a safe-haven asset, but Bitcoin and copper both appear to be risky assets. Cryptocurrencies are alternatives to risky inflation hedges, not risk-averse inflation hedges.</p><p>Unlike gold prices, which began to decline after reaching new historical highs last year, Bitcoin hit a previous historical high of $18,000 in November 2020, surpassing its previous high of $18,000 in December 2017. After a brief correction, it continued to break through, and finally rose to a high of $64,000 per coin in April this year.</p><p><img src=\"https://wpimg.wallstcn.com/96db662a-7eb2-4689-a725-d1720ef161a0.png\"/></p><p>As of press time, Bitcoin has fallen below $36,000, down more than 40% from its April high.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3633330\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e09a7b30204158feaaaf0f4efc19f31f","relate_stocks":{"159934":"黄金ETF","161125":"标普500","513500":"标普500ETF博时","518880":"黄金ETF华安","GS":"高盛","GDX":"黄金矿业ETF-VanEck","OEF":"标普100指数ETF-iShares","DJX":"1/100道琼斯","DDM":"2倍做多道指ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","TQQQ":"纳指三倍做多ETF","SPY":"标普500ETF","SH":"做空标普500-Proshares",".DJI":"道琼斯","QQQ":"纳指100ETF","DXD":"两倍做空道琼30指数ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares",".IXIC":"NASDAQ Composite","IAU":"黄金信托ETF-iShares","SQQQ":"纳指三倍做空ETF","DOG":"道指ETF-ProShares做空",".SPX":"S&P 500 Index","PSQ":"做空纳斯达克100指数ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","IVV":"标普500ETF-iShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","GLD":"黄金ETF-SPDR","UDOW":"三倍做多道指30ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","DUST":"二倍做空黄金矿业指数ETF-Direxion","NUGT":"二倍做多黄金矿业指数ETF-Direxion","OEX":"标普100","SDS":"两倍做空标普500 ETF-ProShares"},"source_url":"https://wallstreetcn.com/articles/3633330","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144670555","content_text":"本周，美联储意外放鹰后，黄金大跌，但高盛却坚持看多立场不变。\n金价本周累跌超6%，创自从2020年3月以来最大单周跌幅。\n\n金价曾于2020年8月7日创下2075.47美元/盎司的历史最高价，超过更早时于2011年9月6日创下的1920.3美元/盎司，但之后便再未突破这一高点，并长期位于2000美元/盎司价格下方。\n在此之际，高盛却表示未来几周内黄金价格将出现上行逆转。其一份研究称：\n\n在此前的通胀情况下，黄金并未出现强劲增长，这或许意味着无论是作为防御性资产还是通胀对冲，对黄金的需求都有限。\n但事实并不是如此，原因有二。\n首先，正如我们利率策略师指出的，当前的10年盈亏平衡通胀率，与我们的经济学家预测的通胀路径相比显得过低。事实上，这意味着未来几年几乎没有通胀风险溢价。\n其次，如果美联储对短期通胀的预期成为现实，加息将开始成为全球复苏不必要的阻力，损害经济增长预期，并提高黄金的防御性价值。\n\n此外，对于大宗和原油市场，高盛还表示：\n\n由于美联储决定将加息预测提前至2023年，大宗商品价格近期出现了下跌，这对投资者来说是一个买入机会。看涨大宗商品的论点既不是关于通胀风险，也不是关于美联储前瞻指引。而是关于稀缺性和强劲的实际需求。\n出于对强劲的需求增长和缺乏弹性的供应的考虑，我们认为由此造成的实物稀缺可能将推动布伦特原油价格在第三季度达到平均80美元，并可能飙升至该水平之上。\n\n此外，高盛也表达了比特币的看法。\n随着去年以来比特币价格的快速上涨，越来越多人称其为“数字黄金”。\n高盛则不认同该看法，其大宗商品研究主管Jeff Currie在参加本周二的CNBC节目《Squawk Box Europe》节目时表示：\n\n虽然黄金和加密货币都被视作对冲价格上涨的工具，但加密货币不是黄金的替代品，而更像是铜的替代品。\n黄金通常被视作一种避险资产，但比特币和铜都表现为风险资产。加密货币是风险性通胀对冲工具的替代品，而不是风险规避性通胀对冲工具。\n\n不同于金价自去年创下新的历史高位便开始萎靡的情况，比特币在2020年11月创下超过其2017年12月的1.8万美元的上个阶段历史高点后，经过了短暂回调后又持续突破，并最终在今年4月涨至最高6.4万美元/枚的历史高点。\n\n截至本文发稿，比特币跌至3.6万美元下方，较其4月的高点跌超40%。","news_type":1,"symbols_score_info":{"159934":0.6,"161125":0.6,"513500":0.6,"518880":0.6,"OEX":0.6,"DJX":0.6,"GDX":0.6,"GS":1,"OEF":0.6,"PSQ":0.6,"QQQ":0.6,".IXIC":1,"DXD":0.6,"SGUmain":0.6,"NQmain":0.6,"IVV":0.6,".DJI":1,".SPX":0.6,"MGCmain":1,"QID":0.6,"SH":0.6,"SGCmain":0.6,"SDOW":0.6,"GLD":0.6,"IAU":0.6,"QLD":0.6,"ESmain":0.6,"DDM":0.6,"DUST":0.6,"SDS":0.6,"MNQmain":0.6,"SQQQ":0.6,"GCmain":1,"SPXU":0.6,"NUGT":0.6,"DOG":0.6,"SSO":0.6,"TQQQ":0.6,"UDOW":0.6,"UPRO":0.6,"SPY":1}},"isVote":1,"tweetType":1,"viewCount":4595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162874070,"gmtCreate":1624059398790,"gmtModify":1703827703159,"author":{"id":"3573590740316799","authorId":"3573590740316799","name":"Momocha","avatar":"https://static.tigerbbs.com/710b9716c168d2b6e0343598150cf97c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573590740316799","authorIdStr":"3573590740316799"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162874070","repostId":"1121724328","repostType":4,"repost":{"id":"1121724328","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":1624028112,"share":"https://ttm.financial/m/news/1121724328?lang=en_US&edition=fundamental","pubTime":"2021-06-18 22:55","market":"us","language":"zh","title":"Huawei's white paper sends a significant signal: AR is expected to usher in a \"true era\".","url":"https://stock-news.laohu8.com/highlight/detail?id=1121724328","media":"Wind万得","summary":"在经历了几年的沉寂后，以AR为首的虚拟现实产业最近又火了。“元宇宙”概念第一股ROBLOX在美股市场受到投资者热捧。在A股市场上根正苗红的虚拟现实概念股，如歌尔股份、水晶光电、全志科技等近期都呈现了明","content":"<p>After several years of silence, the virtual reality industry, led by AR, has recently become popular again. ROBLOX, the first stock listed under the \"metaverse\" concept, has been highly sought after by investors in the US stock market. Established virtual reality concept stocks in the A-share market, such as<a href=\"https://laohu8.com/S/002241\">Goertek</a>、<a href=\"https://laohu8.com/S/002273\">crystal photoelectric</a>、<a href=\"https://laohu8.com/S/300458\">Allwinner Technology</a>Both have shown a clear upward trend recently, and trading volume has also increased significantly compared to the previous period. Behind the enthusiastic influx of funds into the sector lies the market's expectation that the consumer electronics sector will soon produce new killer products. At the same time, the strong opportunity of Huawei's HarmonyOS system has also given the virtual reality sector, which is part of the ecosystem, greater room for imagination.</p><p><img src=\"https://static.tigerbbs.com/b943d98275a901d03f48fcec0d0e2347\" tg-width=\"796\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>Data source: wind</p><p>On June 17, at the Huawei Win-Win Future 5G+AR Global Summit, the \"AR Insights and Application Practice White Paper\" was officially released. Throughout the white paper, Huawei comprehensively outlines the broad prospects of AR from the perspectives of industry trends, equipment, applications, development, networks, and ecosystems. Of particular note is Huawei's proposal that once the expected consumer-grade headset is released, global shipments of consumer-grade AR headsets will exceed 53 million units by 2026, with total revenue exceeding $30 billion. According to third-party data, global shipments in this market in 2020 were less than 115,000 units, with total revenue of US$166 million. Meanwhile, 81% of headset shipments are to enterprises.</p><p><b>Consumer-grade AR is imminent</b></p><p>Based on the above speculation, the main consumer group in the AR market will still be concentrated in the C-end in the future, but currently the main consumer group in this market is still the B-end. What factors have inhibited the progress of this market has become the focus of attention for many industry insiders. Judging from the development time of virtual reality, this sector is no longer a new thing. However, there has never been a killer device that has impressed consumers. After years of incubation, can the virtual reality industry, represented by AR or VR devices, achieve explosive growth as mentioned in the white paper?</p><p>The AR white paper gives us a very clear answer to this question. The white paper mentions that, relative to the consumer sector, enterprises are the mainstream application areas for head-mounted display devices. Despite the advent of dedicated AR headsets, most consumers still use them...<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Experience AR with your mobile phone. Pairing your device with a smartphone is a viable way to reduce bulk (improve design and comfort) and cost. Some processing power can be transferred to the paired device, and certain functional modules of the smartphone (such as wide area network connectivity and GPS components) can be utilized, thereby eliminating some modules on the head-mounted device.</p><p>From a popularization perspective, killer applications combined with high-end configurations are inevitably the only way for virtual reality to develop in the future. However, there is still some uncertainty as to whether this goal can be achieved in the short term. Three years ago, regarding<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Rumors that the company would release AR glasses once sparked heated discussions in the market, but due to technical factors, Apple's AR glasses were delayed in the interview. According to some information released by Apple at its developer conference in June this year, Apple is still mainly focusing on applications, development, and ecosystem. This is expected to lay the foundation for future new products.</p><p>This is based on Apple's prolonged technical difficulties and the workarounds mentioned in Huawei's white paper. It is expected that major manufacturers will launch AR glasses products one after another in the next few years. However, unlike the all-in-one products predicted in the early days of the market, future AR products will not be machines that work alone and judge success by performance, but will rely on the underlying scenarios, ecosystems, systems, networks, content and other aspects. For example, AR has already been implemented in map navigation on mobile phones and fitness functions on smartwatches. AR technology is increasingly being applied in some physical or online marketing displays to enhance the consumer experience. From this perspective, the development path of virtual reality is different from that of past blockbuster products. Compared to iPHONE,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It has been eye-catching since its inception. Virtual reality is more like something that gradually permeates and accumulates energy from every aspect of a consumer's life. Once the technology matures sufficiently, it will eventually experience a breakthrough.</p><p><img src=\"https://static.tigerbbs.com/c2be4ffee77a0f91299def2f406f96de\" tg-width=\"772\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p><b>The future of virtual reality will still depend on AR's perspective.</b></p><p>Furthermore, when AR is mentioned, people often compare it to VR. The white paper also provides clear guidance on this. The book mentions that virtual reality (VR) is a completely immersive technology where users see a virtual environment. This makes VR itself lack strong mobility—users need to ensure the safety of their environment in order to move within a very limited distance to avoid hitting objects such as walls or falling. Because AR superimposes digital objects and information on top of the real world, the real value of AR to users is mainly reflected in mobile scenarios. For example, when a user is in an unfamiliar environment, AR can help them obtain more information about their surroundings, and they can also rely on AR navigation to guide them to their destination. This enables AR to be perfectly integrated with mobile networks.</p><p>Through the above comparison, the keyword \"mobile\" has become a major watershed between VR and AR. As we all know, although the industry has never stopped its technological progress, the virtual reality industry has always been lukewarm. In addition to some technical problems that still need to be solved, the faster progress of some comparable marginal substitutes for consumer goods is also an important factor limiting the industry's development speed. With the increasing popularity of 4K TVs, the booming sales of next-generation game consoles, the continuous release of high-quality games and movies, and the continued popularity of wireless headphones, more and more consumer electronics are squeezing out consumers' limited time. With consumers' living room time almost completely taken up, the remaining travel time is also largely squeezed out by mobile devices. Compared to the aforementioned mature products, virtual reality is not yet sufficiently challenging in terms of both technology and content. At the same time, due to cost constraints and high prices, virtual reality products remain just toys for a few tech geeks.</p><p>Therefore, from the above perspective, broadening the application scenarios of AR and enriching the AR experience are the main factors that can help AR emerge as a dark horse. The white paper argues that the two most popular types of applications currently are undoubtedly AR filters for social software and AR games. Consumer-grade AR experiences can be obtained in various applications. In addition, AR will see key innovative applications in fields such as social networking, education, retail, navigation, tourism, and sports and health in the future. At the enterprise level, dedicated headset devices can free workers' hands and complete tasks with the assistance of AR, whether simple tasks (warehouse picking) or complex tasks (AR-assisted surgery).</p><p>Ideally, we should make a bold guess. Judging from the development prospects of virtual reality technology, the device level may only be the tip of the iceberg. As mentioned in the booming metaverse concept, technologies such as AR/VR, 3D technology, and brain-computer interfaces are all important aspects of metaverse. The continued popularity of the metaverse concept indicates people's desire for new forms of entertainment, and even new ways of living.</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>Huawei's white paper sends a significant signal: AR is expected to usher in a \"true era\".</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\">\nHuawei's white paper sends a significant signal: AR is expected to usher in a \"true era\".\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\">2021-06-18 22:55</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>After several years of silence, the virtual reality industry, led by AR, has recently become popular again. ROBLOX, the first stock listed under the \"metaverse\" concept, has been highly sought after by investors in the US stock market. Established virtual reality concept stocks in the A-share market, such as<a href=\"https://laohu8.com/S/002241\">Goertek</a>、<a href=\"https://laohu8.com/S/002273\">crystal photoelectric</a>、<a href=\"https://laohu8.com/S/300458\">Allwinner Technology</a>Both have shown a clear upward trend recently, and trading volume has also increased significantly compared to the previous period. Behind the enthusiastic influx of funds into the sector lies the market's expectation that the consumer electronics sector will soon produce new killer products. At the same time, the strong opportunity of Huawei's HarmonyOS system has also given the virtual reality sector, which is part of the ecosystem, greater room for imagination.</p><p><img src=\"https://static.tigerbbs.com/b943d98275a901d03f48fcec0d0e2347\" tg-width=\"796\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>Data source: wind</p><p>On June 17, at the Huawei Win-Win Future 5G+AR Global Summit, the \"AR Insights and Application Practice White Paper\" was officially released. Throughout the white paper, Huawei comprehensively outlines the broad prospects of AR from the perspectives of industry trends, equipment, applications, development, networks, and ecosystems. Of particular note is Huawei's proposal that once the expected consumer-grade headset is released, global shipments of consumer-grade AR headsets will exceed 53 million units by 2026, with total revenue exceeding $30 billion. According to third-party data, global shipments in this market in 2020 were less than 115,000 units, with total revenue of US$166 million. Meanwhile, 81% of headset shipments are to enterprises.</p><p><b>Consumer-grade AR is imminent</b></p><p>Based on the above speculation, the main consumer group in the AR market will still be concentrated in the C-end in the future, but currently the main consumer group in this market is still the B-end. What factors have inhibited the progress of this market has become the focus of attention for many industry insiders. Judging from the development time of virtual reality, this sector is no longer a new thing. However, there has never been a killer device that has impressed consumers. After years of incubation, can the virtual reality industry, represented by AR or VR devices, achieve explosive growth as mentioned in the white paper?</p><p>The AR white paper gives us a very clear answer to this question. The white paper mentions that, relative to the consumer sector, enterprises are the mainstream application areas for head-mounted display devices. Despite the advent of dedicated AR headsets, most consumers still use them...<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Experience AR with your mobile phone. Pairing your device with a smartphone is a viable way to reduce bulk (improve design and comfort) and cost. Some processing power can be transferred to the paired device, and certain functional modules of the smartphone (such as wide area network connectivity and GPS components) can be utilized, thereby eliminating some modules on the head-mounted device.</p><p>From a popularization perspective, killer applications combined with high-end configurations are inevitably the only way for virtual reality to develop in the future. However, there is still some uncertainty as to whether this goal can be achieved in the short term. Three years ago, regarding<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Rumors that the company would release AR glasses once sparked heated discussions in the market, but due to technical factors, Apple's AR glasses were delayed in the interview. According to some information released by Apple at its developer conference in June this year, Apple is still mainly focusing on applications, development, and ecosystem. This is expected to lay the foundation for future new products.</p><p>This is based on Apple's prolonged technical difficulties and the workarounds mentioned in Huawei's white paper. It is expected that major manufacturers will launch AR glasses products one after another in the next few years. However, unlike the all-in-one products predicted in the early days of the market, future AR products will not be machines that work alone and judge success by performance, but will rely on the underlying scenarios, ecosystems, systems, networks, content and other aspects. For example, AR has already been implemented in map navigation on mobile phones and fitness functions on smartwatches. AR technology is increasingly being applied in some physical or online marketing displays to enhance the consumer experience. From this perspective, the development path of virtual reality is different from that of past blockbuster products. Compared to iPHONE,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It has been eye-catching since its inception. Virtual reality is more like something that gradually permeates and accumulates energy from every aspect of a consumer's life. Once the technology matures sufficiently, it will eventually experience a breakthrough.</p><p><img src=\"https://static.tigerbbs.com/c2be4ffee77a0f91299def2f406f96de\" tg-width=\"772\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p><b>The future of virtual reality will still depend on AR's perspective.</b></p><p>Furthermore, when AR is mentioned, people often compare it to VR. The white paper also provides clear guidance on this. The book mentions that virtual reality (VR) is a completely immersive technology where users see a virtual environment. This makes VR itself lack strong mobility—users need to ensure the safety of their environment in order to move within a very limited distance to avoid hitting objects such as walls or falling. Because AR superimposes digital objects and information on top of the real world, the real value of AR to users is mainly reflected in mobile scenarios. For example, when a user is in an unfamiliar environment, AR can help them obtain more information about their surroundings, and they can also rely on AR navigation to guide them to their destination. This enables AR to be perfectly integrated with mobile networks.</p><p>Through the above comparison, the keyword \"mobile\" has become a major watershed between VR and AR. As we all know, although the industry has never stopped its technological progress, the virtual reality industry has always been lukewarm. In addition to some technical problems that still need to be solved, the faster progress of some comparable marginal substitutes for consumer goods is also an important factor limiting the industry's development speed. With the increasing popularity of 4K TVs, the booming sales of next-generation game consoles, the continuous release of high-quality games and movies, and the continued popularity of wireless headphones, more and more consumer electronics are squeezing out consumers' limited time. With consumers' living room time almost completely taken up, the remaining travel time is also largely squeezed out by mobile devices. Compared to the aforementioned mature products, virtual reality is not yet sufficiently challenging in terms of both technology and content. At the same time, due to cost constraints and high prices, virtual reality products remain just toys for a few tech geeks.</p><p>Therefore, from the above perspective, broadening the application scenarios of AR and enriching the AR experience are the main factors that can help AR emerge as a dark horse. The white paper argues that the two most popular types of applications currently are undoubtedly AR filters for social software and AR games. Consumer-grade AR experiences can be obtained in various applications. In addition, AR will see key innovative applications in fields such as social networking, education, retail, navigation, tourism, and sports and health in the future. At the enterprise level, dedicated headset devices can free workers' hands and complete tasks with the assistance of AR, whether simple tasks (warehouse picking) or complex tasks (AR-assisted surgery).</p><p>Ideally, we should make a bold guess. Judging from the development prospects of virtual reality technology, the device level may only be the tip of the iceberg. As mentioned in the booming metaverse concept, technologies such as AR/VR, 3D technology, and brain-computer interfaces are all important aspects of metaverse. The continued popularity of the metaverse concept indicates people's desire for new forms of entertainment, and even new ways of living.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e8776326a073f38b9df528ccba693d04","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121724328","content_text":"在经历了几年的沉寂后，以AR为首的虚拟现实产业最近又火了。“元宇宙”概念第一股ROBLOX在美股市场受到投资者热捧。在A股市场上根正苗红的虚拟现实概念股，如歌尔股份、水晶光电、全志科技等近期都呈现了明显的上攻走势，成交量也较前期明显放大。资金热情涌入板块的背后，是市场对于电子消费板块能够早日诞生新的杀手级产品的期待。同时，华为鸿蒙系统超强的风口效应，也让处于生态圈中的虚拟现实板块给人更大的想象空间。\n\n数据来源：wind\n6月17日，在华为共赢未来5G+AR全球峰会上，《AR洞察及应用实践白皮书》正式发布。纵观整篇白皮书，华为通过行业趋势、设备、应用、开发、网络、生态等角度全方位描绘了AR的广阔前景。尤其引人瞩目的是，华为提出，一旦预期中的消费级头显问世，到2026年，消费级AR头显的全球出货量将超过5300万台，总收入将超过300亿美元。而根据第三方数据显示，2020年该市场的全球出货量不到11.5万台，总收入为1.66亿美元。同时，81%的头显出货量是面向企业的。\n消费级AR呼之欲出\n根据上述推测，未来AR市场的主力消费群体仍将集中于C端，但目前该市场的消费主力仍以B端为主。哪些因素抑制了这一市场的推进，成为诸多业内人士关注的焦点。从虚拟现实的发展时间来看，这一板块已经不再是一个新兴的事物。但一直以来，没有杀手级的设备令消费者眼前一亮。经过了多年的孵化，AR或者是VR设备为代表的虚拟现实产业是否能够如同白皮书中所提到的开启爆发式的增长。\n对此，AR白皮书中给了我们很明确的答案。白皮书中提到，相对于消费者领域，企业才是头显设备的主流应用领域。尽管专用AR头显已经问世，但目前大多数消费者仍是通过智能手机来体验AR。将设备与智能手机配对是缩减体积（提升设计和舒适度）和成本的一种可行方法。可以将部分处理能力转移到配对设备上，还可以将智能手机的某些功能模块（如广域网连接和GPS组件）利用起来，从而省去头显设备上的部分模块。\n从普及的角度来看，杀手级应用+高配置，必然是未来虚拟现实的必经之路。但是，这一目标，在短期内能否实现，仍存在一定的不确定性。早在三年前，有关苹果公司将发布AR眼镜的传言就一度引发市场热议，但是由于技术因素，苹果的AR眼镜迟迟未能面试。根据苹果在今年6月的开发者大会公布的一些相关内容来看，苹果目前仍然主要在应用、开发、生态层面进行布局。预估这是在为未来的新产品打基础。\n结合苹果在技术层面久攻不下，以及华为白皮书中提到的变通方案。可以预期，未来几年，各大厂商将陆续推出AR眼镜产品。但是，和市场初期所预估的一体式产品不同，未来的AR产品将不是一台单打独斗、以性能论英雄的机器，而是得依靠背后的场景、生态、系统、网络、内容等等方面。如目前手机端的地图导航，智能手表上的健身功能中，都已经实现了AR的应用。包括一些实体或线上的营销展示中也越来越多的应用到AR技术，来加强消费者的消费体验。从这一层面来说，虚拟现实的发展之路和过去的爆款产品的发展路径是有区别的。相比于iPHONE、特斯拉等自诞生起就给人眼球一亮的感觉。虚拟现实，更像是那种从一个消费者生活的方方面面逐步渗透，积攒能量。待技术足够成熟后，最终迎来爆发。\n\n虚拟现实未来还需看AR脸色\n此外，一提到AR，人们往往会将其和VR进行比较。对此，白皮书中也给出了明确地指引。书中提到，虚拟现实（VR）是一种完全沉浸式的技术，用户看到的都是虚拟环境。这使得VR本身不具备强移动性——用户需要确保所处环境的安全，从而在非常有限的距离内移动，以避免撞到墙壁等物体或摔倒。由于AR将数字对象和信息叠加在现实世界之上，因此AR对用户的切实价值主要体现在移动场景。例如，当用户身处陌生环境，AR可以帮助用户获得更多周边环境信息，用户还可依靠AR导航指引前往目的地。这使得AR能够与移动网络完美结合。\n通过上述比较，移动这个关键词成为了VR和AR之间的一个主要分水岭。众所周知，虽然，产业从来没有停止过技术进步的脚步，但虚拟现实产业一直以来仍显得不温不火。除了自身的一些技术问题尚需要解决以外，可比的一些边际替代消费品的进步速度更快，同样是限制行业发展速度的一个重要因素。如4K电视的逐渐普及、次世代游戏主机大卖、高质量游戏、电影作品不断推出，无线耳机持续火爆，越来越多电子消费品正在挤占消费者有限的时间。在消费者客厅时间基本已经被抢占一空的情况下，剩余的出行时间，也基本被移动设备充分挤占。而相比于上述已经处于成熟期的产品，虚拟现实无论从技术层面还是内容层面，都还没有到足够叫板的程度。同时，受限于成本的限制，偏高的价格，也使得虚拟现实产品仍然只是少数科技极客的玩具。\n因此，从上述角度出发，拓宽AR的应用场景，以及丰富AR的体验，是能够帮助AR异军突起的主要因素。白皮书中认为，当前最受欢迎的两类应用无疑是社交软件的AR滤镜和AR游戏。在各类应用中都能获得消费级AR体验。此外未来AR还将在社交、教育、零售、导航、旅游、运动健康等领域出现关键创新应用。企业层面，专用头显设备能让工人解放双手，在AR的辅助下完成任务，无论是简单任务（仓库拣货）还是复杂任务（AR辅助手术）。\n最好，不如做一个大胆的猜想，从虚拟现实技术的发展前景来看，设备层面或许只是一个冰山一角。就如同火爆的元宇宙概念中所提到的，AR/VR、3D技术和脑机接口等技术都是元宇宙的重要环节。元宇宙概念得持续火热，预示着人们对于新的娱乐方式，甚至是新的生活的方式的渴望。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":4759,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}