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2022-08-01

😌

Foreign Media Headlines | Federal Reserve's Kashkari Says Inflation is Very Worrying

2022-08-01

🥹

Weekly Preview | Earnings reports from Alibaba, Occidental Petroleum, and others are coming! Non-farm payroll data is coming soon.

2022-07-31

😚

Sorry, the original content has been removed

2022-07-22

🥹

Last night and this morning | Breaking news late at night! Biden tests positive for COVID-19, ECB rate hike

2022-07-20

👍

Opening | The Hang Seng Tech Index opened 2.07% higher, with most tech stocks rising.

2022-07-20

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Netflix shares rose over 7% in after-hours trading, with Q2 subscriber decline far lower than expected.

2022-07-19

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Tiger Commentary: This stock, which plummeted 94%, reminds us to beware of a type of trap.

2022-07-19

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Sorry, the original content has been removed

2022-07-19

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Sorry, the original content has been removed

2022-07-14

👏

Apple has begun trial production of the iPhone 14, which will initially sell more than the iPhone 13.

2022-07-14

👍

Apple has begun trial production of the iPhone 14, which will initially sell more than the iPhone 13.

2022-07-14

👍

Hong Kong stocks open | Hang Seng Index opens 0.1% higher, Hang Seng Tech Index rises 0.38%

2022-07-09

Ok

How did the Japanese economy suffer three decades of "loss" behind Abe's assassination?

2022-07-05

👍

Hong Kong stocks open | Hang Seng Index opens 1.02% higher, Hang Seng Tech Index rises 1.54%

2022-07-01

👍

Sorry, the original content has been removed

2022-07-01

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Pre-market observation: "Safe-haven assets" are falling, what signals are released

2022-07-01

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Reminder: US stocks will be closed on July 4th due to the US Independence Day holiday.

2022-07-01

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Sorry, the original content has been removed

2022-06-20

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Weekly IPO | Kuaigou Taxi Lists This Week, Tianqi Lithium Passes Hearing

2022-06-20

👍

Reminder: US stock markets will be closed on June 20th due to Juneteenth, a US federal holiday.

Go to Tiger App to see more news

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05:04","market":"sh","language":"zh","title":"Foreign Media Headlines | Federal Reserve's Kashkari Says Inflation is Very Worrying","url":"https://stock-news.laohu8.com/highlight/detail?id=2256502754","media":"环球市场播报","summary":"　　当地时间7月30日美国白宫总统医生凯文·奥康纳说，总统拜登当天新冠病毒检测结果再次呈阳性。而此前的27日，拜登新冠病毒检测结果刚刚为阴性，随后结束隔离。奥康纳表示，服用奈玛特韦/利托那韦组合的新冠患者中有一小部分人出现复检阳性。","content":"<p><html><head></head><body><b>The main headlines that global financial media focused on last night and this morning were:</b></p><p><b>1. Federal Reserve's Kashkari: Inflation is \"very worrying\" and \"spreading\" throughout the economy.</b><b>2. Australia's aggressive austerity policies will drag down the economy.</b><b>3. As the economy heads into recession, the euro is feeling greater pressure.</b><b>4. US credit card spending data showed no recession in June, but potential dangers have emerged.</b><b>5. Arbitrage traders are exploiting the weak euro to win big in emerging markets.</b><b>6. Sydney house prices have declined for the sixth consecutive month without any easing.</b><img src=\"https://static.tigerbbs.com/eb3a07267230c4eed9b4b8031ccbfff5\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"/></p><p><b>Federal Reserve's Kashkari: Inflation is \"very worrying\" and \"spreading\" throughout the economy.</b></p><p>Neel Kashkari, CEO and president of the Federal Reserve Bank of Minneapolis, said on Sunday that the current inflation situation is “very worrying” and “spreading more broadly throughout the economy.”</p><p>\"This is very worrying,\" Kashkari said on a financial program. \"We keep getting inflation data, and we're constantly surprised by new data released just in the last week. It's higher than we expected.\" “This is not just a few categories. It is spreading more broadly throughout the economy, which is why the Federal Reserve is acting so urgently to get it under control and bring it back down.”<img src=\"https://static.tigerbbs.com/c3fbd75898e39d8311f60678ba4232e9\" tg-width=\"550\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/></p><p><b>Australia's aggressive austerity policy will drag down the economy</b></p><p>As the housing market reverses and consumers reduce spending, Australia is experiencing severe monetary policy tightening, which increases the risk of an economic slowdown.</p><p>Of the 23 economists surveyed, all but one believed the Reserve Bank of Australia would raise its key interest rate by 50 basis points to 1.85% on Tuesday for the third consecutive month. This would bring its overall tightening policy since May to 175 basis points, the largest increase in six months since 1994.</p><p>The Reserve Bank of Australia will release its latest quarterly forecast on Friday, which is widely expected to show declining economic growth and employment, with the inflation outlook rising sharply, consistent with the Treasury's outlook last week. The Reserve Bank of Australia has not released its own interest rate forecast.</p><p><img src=\"https://static.tigerbbs.com/1beb5883a23cd03ced522a5adb2a25d9\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"/></p><p><b>The euro is feeling greater pressure as the economy heads into recession.</b></p><p>The euro has fallen to its lowest level in 20 years this year, but it still appears to be an unpopular currency and is under pressure from markets as the economy plunges into recession. Many analysts say the euro may face further declines in the future.</p><p>The main reason for the economic downturn is Russia's reduction in energy supplies to Europe, which particularly threatens Germany's entire industrial system. According to Credit Suisse, there is a 50% chance that the eurozone will fall into recession in the next six months.</p><p>S&P Global Ratings has already lowered its outlook for Italian debt, and the spread between Italian and German bond yields, a key indicator of risk, is at its highest level since 2020. Market concerns about Italy's exit from the eurozone are gradually resurfacing, although this is seen as a very distant risk.<img src=\"https://static.tigerbbs.com/a30126a30bed2a54770ada0b8f26adb7\" tg-width=\"550\" tg-height=\"282\" referrerpolicy=\"no-referrer\"/></p><p><b>U.S. credit card spending data did not decline in June, but potential dangers have emerged.</b></p><p>So far, U.S. credit card issuers have not felt any signs of an economic recession. The ever-increasing spending bills and accounts receivable from credit card companies show that consumers were still spending money in June. Of course, inflation is likely to contribute to this growth.</p><p>Bank of America said credit card spending rose 16% year-over-year in June, while debit card spending increased 6%. \"Consumers are in a better position to cope with the U.S. economic slowdown than in many previous business cycles,\" said David Tinsley, senior economist at the Bank of America Institute.</p><p><img src=\"https://static.tigerbbs.com/26962f09c5589fa2b2021e656f1ebe9d\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"/></p><p><b>Arbitrageurs are taking advantage of the weak euro to win big in emerging markets</b></p><p>The profits made by traders using borrowed euros to invest in emerging market currencies have reached a very substantial scale this year. “Financing arbitrage trades by selling euros is becoming increasingly common,” said Brendan McKenna, a currency strategist at Wells Fargo in New York. \"The EU seems more likely to fall into recession, and geopolitical developments should put pressure on the euro, making euro arbitrage trading in emerging markets a very interesting option.\"</p><p>Euro-funded arbitrage trading provided a haven for emerging market traders, who suffered losses across different asset classes and strategies as dollar and US yields soared. If the prospect of a U.S. economic recession and Federal Reserve tightening continues to exacerbate the impact on the dollar, then euro arbitrage is likely to become irresistible to more investors.</p><p><img src=\"https://static.tigerbbs.com/ef5921111c86b3112dead583e97e4b89\" tg-width=\"511\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p><b>Sydney house prices have fallen for the sixth consecutive month without easing.</b></p><p>Sydney house prices have fallen for the sixth consecutive month since July, as rising interest rates hit demand, leading to a decline in property prices across Australia. In a report on Monday, research firm CoreLogic said that house prices in Sydney, Australia's largest market, fell 2.2% and Melbourne fell 1.5%, which were the main drivers of the 1.4% month-on-month decline in the country's capital city composite index.</p><p>The head of Research at CoreLogic Research said that real estate market conditions could worsen as interest rates rise for the remainder of 2022. He said, \"House value growth had slowed before interest rates started rising, but it's clear that the market has weakened significantly since the first rate hike in May. In Sydney, the economy is declining particularly rapidly, and we've seen the biggest drop in value in nearly 40 years.\"</p><p></body></html></p>","source":"sina","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foreign Media Headlines | Federal Reserve's Kashkari Says Inflation is Very Worrying</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\">\nForeign Media Headlines | Federal Reserve's Kashkari Says Inflation is Very Worrying\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">环球市场播报</strong><span class=\"h-time small\">2022-08-01 05:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>The main headlines that global financial media focused on last night and this morning were:</b></p><p><b>1. Federal Reserve's Kashkari: Inflation is \"very worrying\" and \"spreading\" throughout the economy.</b><b>2. Australia's aggressive austerity policies will drag down the economy.</b><b>3. As the economy heads into recession, the euro is feeling greater pressure.</b><b>4. US credit card spending data showed no recession in June, but potential dangers have emerged.</b><b>5. Arbitrage traders are exploiting the weak euro to win big in emerging markets.</b><b>6. Sydney house prices have declined for the sixth consecutive month without any easing.</b><img src=\"https://static.tigerbbs.com/eb3a07267230c4eed9b4b8031ccbfff5\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"/></p><p><b>Federal Reserve's Kashkari: Inflation is \"very worrying\" and \"spreading\" throughout the economy.</b></p><p>Neel Kashkari, CEO and president of the Federal Reserve Bank of Minneapolis, said on Sunday that the current inflation situation is “very worrying” and “spreading more broadly throughout the economy.”</p><p>\"This is very worrying,\" Kashkari said on a financial program. \"We keep getting inflation data, and we're constantly surprised by new data released just in the last week. It's higher than we expected.\" “This is not just a few categories. It is spreading more broadly throughout the economy, which is why the Federal Reserve is acting so urgently to get it under control and bring it back down.”<img src=\"https://static.tigerbbs.com/c3fbd75898e39d8311f60678ba4232e9\" tg-width=\"550\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/></p><p><b>Australia's aggressive austerity policy will drag down the economy</b></p><p>As the housing market reverses and consumers reduce spending, Australia is experiencing severe monetary policy tightening, which increases the risk of an economic slowdown.</p><p>Of the 23 economists surveyed, all but one believed the Reserve Bank of Australia would raise its key interest rate by 50 basis points to 1.85% on Tuesday for the third consecutive month. This would bring its overall tightening policy since May to 175 basis points, the largest increase in six months since 1994.</p><p>The Reserve Bank of Australia will release its latest quarterly forecast on Friday, which is widely expected to show declining economic growth and employment, with the inflation outlook rising sharply, consistent with the Treasury's outlook last week. The Reserve Bank of Australia has not released its own interest rate forecast.</p><p><img src=\"https://static.tigerbbs.com/1beb5883a23cd03ced522a5adb2a25d9\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"/></p><p><b>The euro is feeling greater pressure as the economy heads into recession.</b></p><p>The euro has fallen to its lowest level in 20 years this year, but it still appears to be an unpopular currency and is under pressure from markets as the economy plunges into recession. Many analysts say the euro may face further declines in the future.</p><p>The main reason for the economic downturn is Russia's reduction in energy supplies to Europe, which particularly threatens Germany's entire industrial system. According to Credit Suisse, there is a 50% chance that the eurozone will fall into recession in the next six months.</p><p>S&P Global Ratings has already lowered its outlook for Italian debt, and the spread between Italian and German bond yields, a key indicator of risk, is at its highest level since 2020. Market concerns about Italy's exit from the eurozone are gradually resurfacing, although this is seen as a very distant risk.<img src=\"https://static.tigerbbs.com/a30126a30bed2a54770ada0b8f26adb7\" tg-width=\"550\" tg-height=\"282\" referrerpolicy=\"no-referrer\"/></p><p><b>U.S. credit card spending data did not decline in June, but potential dangers have emerged.</b></p><p>So far, U.S. credit card issuers have not felt any signs of an economic recession. The ever-increasing spending bills and accounts receivable from credit card companies show that consumers were still spending money in June. Of course, inflation is likely to contribute to this growth.</p><p>Bank of America said credit card spending rose 16% year-over-year in June, while debit card spending increased 6%. \"Consumers are in a better position to cope with the U.S. economic slowdown than in many previous business cycles,\" said David Tinsley, senior economist at the Bank of America Institute.</p><p><img src=\"https://static.tigerbbs.com/26962f09c5589fa2b2021e656f1ebe9d\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"/></p><p><b>Arbitrageurs are taking advantage of the weak euro to win big in emerging markets</b></p><p>The profits made by traders using borrowed euros to invest in emerging market currencies have reached a very substantial scale this year. “Financing arbitrage trades by selling euros is becoming increasingly common,” said Brendan McKenna, a currency strategist at Wells Fargo in New York. \"The EU seems more likely to fall into recession, and geopolitical developments should put pressure on the euro, making euro arbitrage trading in emerging markets a very interesting option.\"</p><p>Euro-funded arbitrage trading provided a haven for emerging market traders, who suffered losses across different asset classes and strategies as dollar and US yields soared. If the prospect of a U.S. economic recession and Federal Reserve tightening continues to exacerbate the impact on the dollar, then euro arbitrage is likely to become irresistible to more investors.</p><p><img src=\"https://static.tigerbbs.com/ef5921111c86b3112dead583e97e4b89\" tg-width=\"511\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p><b>Sydney house prices have fallen for the sixth consecutive month without easing.</b></p><p>Sydney house prices have fallen for the sixth consecutive month since July, as rising interest rates hit demand, leading to a decline in property prices across Australia. In a report on Monday, research firm CoreLogic said that house prices in Sydney, Australia's largest market, fell 2.2% and Melbourne fell 1.5%, which were the main drivers of the 1.4% month-on-month decline in the country's capital city composite index.</p><p>The head of Research at CoreLogic Research said that real estate market conditions could worsen as interest rates rise for the remainder of 2022. He said, \"House value growth had slowed before interest rates started rising, but it's clear that the market has weakened significantly since the first rate hike in May. In Sydney, the economy is declining particularly rapidly, and we've seen the biggest drop in value in nearly 40 years.\"</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/roll/2022-08-01/doc-imizirav6209695.shtml?finpagefr=p_115\">环球市场播报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c3fbd75898e39d8311f60678ba4232e9","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.sina.com.cn/roll/2022-08-01/doc-imizirav6209695.shtml?finpagefr=p_115","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2256502754","content_text":"全球财经媒体昨夜今晨共同关注的头条新闻主要有：1、美联储卡什卡里：通货膨胀“非常令人担忧“，并在整个经济中”蔓延“2、澳大利亚激进的紧缩政策将拖累经济3、随着经济走向衰退，欧元感受到了更大压力4、6月美国信用卡消费数据没有衰退，但潜在危险已经出现5、套利交易者正利用疲软的欧元在新兴市场大获全胜6、悉尼房价连续第六个月下滑未见缓解美联储卡什卡里：通货膨胀“非常令人担忧“，并在整个经济中”蔓延“明尼阿波利斯联邦储备银行（Federal Reserve Bank of Minneapolis）首席执行官兼行长尼尔·卡什卡里（Neel Kashkari）周日表示，当前的通货膨胀状况“非常令人担忧”，并“在整个经济中更广泛地蔓延”。卡什卡里在一档财经节目中表示：“这非常令人担忧。我们不断获得通胀数据，最近一周才发布的新数据，我们不断感到惊讶。这比我们预期的要高。”。“这不仅仅是几个类别。它正在更广泛地蔓延到整个经济领域，这就是为什么美联储如此紧迫地采取行动，使其得到控制并使其回落。”澳大利亚激进的紧缩政策将拖累经济随着房地产市场逆转，消费者减少支出，澳大利亚正经历着严重的货币政策紧缩，这增加了经济放缓的风险。在接受调查的23位经济学家中，除一位外，其他所有人都认为，澳大利亚储备银行将在周二连续第三个月将其关键利率上调50个基点，至1.85%。这将使其自5月份以来的综合紧缩政策达到175个基点，这是自1994年以来六个月内的最大增幅。澳大利亚联储将于周五公布季度最新预测，普遍预计将显示经济增长和就业下降，通胀前景大幅上升，与财政部上周的前景一致。澳大利亚联储没有公布自己的利率预测。随着经济走向衰退，欧元感受到了更大压力欧元今年已经跌至20年来的最低水平，但在经济陷入衰退之际，它看上去仍然是一种不受欢迎的货币，承受着来自市场的压力。许多分析师表示，欧元未来可能面临的走势是进一步下跌。经济低迷的主要原因是俄罗斯对欧洲减少能源供应，这尤其威胁到德国整个的工业体系。据瑞士信贷预计，未来六个月欧元区陷入衰退的可能性为50%。标普全球评级已然下调了对意大利债务的展望，而衡量风险的一个关键指标，即意大利债券收益率与德国债券收益率的利差，约为2020年以来的最高水平。市场对意大利退出欧元区的些许担忧又逐渐浮出水面，尽管这被视为一种非常遥远的风险。6月美国信用卡消费数据没有衰退，但潜在危险已经出现到目前为止，美国信用卡发行商没有感受到任何经济衰退迹象。从信用卡公司不断增加的消费账单和应收账款中可以看出，到6月份，消费者仍在继续消费。当然，通货膨胀很可能有助于这种增长。美国银行表示，6月份信用卡支出同比增长16%，借记卡支出增长6%。美国银行研究所（Bank of America Institute）高级经济学家戴维·廷斯利（David Tinsley）表示：“与以往许多商业周期相比，消费者在应对美国经济放缓方面的状况更好。”套利交易者正利用疲软的欧元在新兴市场大获全胜交易员用借来的欧元投资新兴市场货币所赚取的利润，在今年达到一个非常可观的规模。“通过卖出欧元为套利交易提供资金正变得越来越普遍，”富国银行（Wells Fargo）驻纽约的货币策略师布伦丹·麦肯纳表示。“欧盟似乎更有可能陷入衰退，地缘政治的发展应该给欧元带来压力，使新兴市场的欧元套利交易成为一个十分有趣的选择。”欧元资助的套利交易为新兴市场交易员提供了一个避难所，在美元和美国收益率飙升之际，他们在不同资产类别和策略上承受损失。如果美国经济衰退和美联储（Fed）紧缩的前景继续加剧对美元的冲击，那么欧元套利很可能对更多投资者来说是不可抗拒的。悉尼房价连续第六个月下滑未见缓解7月以来，悉尼房价连续第六个月下跌，随着利率上涨打击需求，导致澳大利亚各地房地产价格下跌。研究机构CoreLogic在周一的一份报告中表示，澳大利亚最大市场悉尼的房价下跌了2.2%，墨尔本下跌了1.5%，他们是该国首都城市综合指数环比下降1.4%的主要推动因素。CoreLogic Research 研究主管表示，随着2022年剩余时间利率的上升，房地产市场状况可能会恶化。他说到，“在利率开始上升之前，房屋价值的增长速度就已经放缓，但很明显，自5月份第一次加息以来，市场已经大幅走弱。在悉尼，经济下滑速度特别快，我们看到了近40年来最大幅度的价值下跌。”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":5002,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908982375,"gmtCreate":1659312573297,"gmtModify":1676536284447,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9908982375","repostId":"1179267509","repostType":4,"repost":{"id":"1179267509","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":1659308909,"share":"https://ttm.financial/m/news/1179267509?lang=en_US&edition=fundamental","pubTime":"2022-08-01 07:08","market":"sh","language":"zh","title":"Weekly Preview | Earnings reports from Alibaba, Occidental Petroleum, and others are coming! Non-farm payroll data is coming soon.","url":"https://stock-news.laohu8.com/highlight/detail?id=1179267509","media":"老虎资讯综合","summary":"本周（8.1—8.5）重磅财经事件经济数据方面，美国和欧元区7月Markit制造业PMI终值，美国6月耐用品订单月率修正值，美国截至7月29日当周API和EIA原油库存变动，美国截至7月30日当周初请","content":"<p><html><head></head><body>Major financial events this week (August 1-5)</p><p><b>Regarding economic data,</b>The US and the Eurozone in July<a href=\"https://laohu8.com/S/MRKT\">Markit</a>The final reading of the manufacturing PMI, the revised month-on-month reading of US durable goods orders for June, changes in US API and EIA crude oil inventories for the week ending July 29, the number of US initial jobless claims for the week ending July 30, and the US non-farm payrolls and unemployment rate for July.<b>Regarding financial reports,</b><a href=\"https://laohu8.com/S/HBC\">HSBC Holdings</a>、<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>、<a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a>, AMD,<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>And Buffett's new favorite stocks<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>Financial reports will be released successively. In addition,<b>This week, attention should also be paid to the Reserve Bank of Australia's interest rate decision, the Bank of England's interest rate decision, and speeches by officials such as Chicago Fed President Evans and St. Louis Fed President Bullard.</b><img src=\"https://static.tigerbbs.com/ef4a4a9095140ecd3c104ff0ec6ccc64\" tg-width=\"2044\" tg-height=\"1429\" referrerpolicy=\"no-referrer\"/><b>Keywords for Monday, August 1st: Eurozone June unemployment rate, US and Eurozone July Markit manufacturing PMI final readings; HSBC Holdings Financial Report</b><img src=\"https://static.tigerbbs.com/4254af86af01c216719cccd62b67df2c\" tg-width=\"910\" tg-height=\"807\" referrerpolicy=\"no-referrer\"/></p><p>Monday,<b>Regarding economic data,</b>The US and Eurozone will release the final Markit manufacturing PMI readings for July, which are expected to be relatively weak and not much different from the preliminary readings.</p><p>The preliminary reading of the U.S. Markit Manufacturing PMI for July was 52.3, which was better than the expected 52, but lower than the 52.7 reading in June, marking the lowest level since July 2020. In terms of financial reports, as one of the high-dividend stocks in Hong Kong,<a href=\"https://laohu8.com/S/00005.HK\">HSBC Holdings</a>Financial reports will be released; US stocks<a href=\"https://laohu8.com/S/ATVI.US\">Activision Blizzard</a>Earnings reports will also be released after the US stock market closes on August 1.</p><p><a href=\"https://laohu8.com/S/C\">Citi</a>And CICC's forecast<a href=\"https://laohu8.com/S/00005\">HSBC Holdings</a>The forecast for the 2022 interim dividend per ordinary share is US 8 cents, representing a 14.2% increase year-on-year compared to the interim dividend of US 7 cents per ordinary share in the same period last year. According to forecasts from four securities firms, HSBC's benchmark pre-tax profit for the first half of 2022 is expected to be US$7.937 billion to US$8.174 billion, a year-on-year decrease of 24.6% to 26.8% compared to US$10.839 billion in the first half of 2021.<b>Regarding the incident,</b><b>U.S. House Speaker Nancy Pelosi is about to embark on a trip to Asia.</b>According to The Paper, the official website of the Office of the Speaker of the U.S. House of Representatives published Pelosi's itinerary for her trip to Asia, stating that Pelosi led a congressional delegation to visit the Indo-Pacific region, including Singapore, Malaysia, South Korea, and Japan. The statement said the trip will focus on common security, economic partnerships, and*governance in the Indo-Pacific region. Singapore's Ministry of Foreign Affairs said that a U.S. congressional delegation led by Pelosi will visit Singapore from August 1 to 2 to meet with President Halimah and Prime Minister Lee Hsien Loong.</p><p><b>Keywords for Tuesday, August 2nd: Reserve Bank of Australia interest rate decision, Chicago Fed President Evans speaks; Activision Blizzard and BP earnings reports</b><img src=\"https://static.tigerbbs.com/61ec689c6b09a82647586456153aa140\" tg-width=\"907\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>Tuesday,<b>Regarding economic data,</b>The Reserve Bank of Australia will announce its interest rate decision, as well as job openings for JOLTs in the United States.</p><p>In a survey conducted from July 22 to 28, 32 of the 34 economists surveyed predicted that the Reserve Bank of Australia would raise the cash rate by 50 basis points to 1.85%. This will be the first time the Reserve Bank of Australia has rate hike the cash rate by 50 basis points at three consecutive meetings since it was introduced in 1990. The other two economists expect rate hike to be even larger, at 65 or 75 basis points.<b>Regarding the event, Evans hosted a media breakfast, and investors should pay attention to his latest remarks on the economy and the Federal Reserve's monetary policy.</b></p><p><b>In terms of financial reports, US stocks<a href=\"https://laohu8.com/S/BP\">BP</a>、<a href=\"https://laohu8.com/S/SPGI\">S&P Global</a>、<a href=\"https://laohu8.com/S/UBER\">Uber</a></b>Earnings reports will be released before the US stock market opens on August 2nd. In addition, Buffett's new favorite stocks<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>, and<a href=\"https://laohu8.com/S/AMD\">American Supermicro Corporation</a>、<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>Earnings reports will be released after the US stock market closes on August 2.</p><p>On July 27, 2022, Occidental Petroleum announced that it would distribute a regular quarterly Dividend of $0.13 per common share to shareholders on record as of October 17, 2022. In addition, according to 12 analyst reports providing price forecasts for the coming year over the past three months, Occidental Petroleum's average price target is $74.92, with a high of $90.00 and a low of $58.00. according to<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>According to analyst Neil Mehta, Occidental Petroleum continues to hold attractive free cash flow prospects.<b>Keywords for Wednesday, August 3: US June durable goods orders month-on-month revision, API and EIA crude oil inventory changes for the week ending July 29; Occidental Petroleum Financial Report</b><img src=\"https://static.tigerbbs.com/30901e5735d1f1747040191e4b90fc26\" tg-width=\"907\" tg-height=\"1171\" referrerpolicy=\"no-referrer\"/></p><p>Wednesday,<b>Regarding economic data,</b>The United States will release a revised monthly rate of durable goods orders for June.</p><p>U.S. durable goods orders rose 0.7% month-on-month in May, compared to the expected 0.1% and the previous value of 0.50%. U.S. factory durable goods orders rose more than expected in May, indicating that business investment has remained strong so far even amid rising interest rates and heightened economic concerns. In addition,<b>The U.S. API and EIA crude oil inventory changes data for the week ending July 29 are also worth investors' attention.</b></p><p>U.S. API crude oil inventories fell by 4.037 million barrels in the week ending July 22, compared to an expected decrease of 1.12 million barrels. U.S. EIA crude oil inventories fell by 4.523 million barrels in the week ending July 22, far exceeding the expected decrease of 1.037 million barrels, marking the largest drop in U.S. crude oil inventories since the end of May.<b>Regarding the incident,</b>St. Louis Federal Reserve President Bullard addressed money market dealers, and investors should also pay attention.</p><p><b>OPEC+ held its 31st ministerial meeting.</b>OPEC+ will hold its 31st ministerial meeting on August 3 to decide on oil production policy for September. The organization will decide whether to heed the U.S. call to supply more crude oil to the global market. At the 30th ministerial meeting held on June 30, it was decided to raise the average daily oil production forecast for August 2022 by 648,000 barrels.</p><p><b>Regarding financial reports,</b>US stocks<a href=\"https://laohu8.com/S/MRNA\">Modern</a>The earnings report will be released before the US stock market opens on August 3. In addition,<a href=\"https://laohu8.com/S/MGM\">MGM</a>、<a href=\"https://laohu8.com/S/LCID\">Lucid</a>The earnings report will be released after the US stock market closes on August 3.</p><p><b>Regarding new stocks,</b>Hong Kong Stocks<a href=\"https://laohu8.com/S/09857\">Lemon Film & Television</a>IPO subscriptions closed on Wednesday.</p><p><b>Keywords for Thursday, August 4th: Bank of England interest rate decision, US initial jobless claims for the week ending July 30th; Alibaba Financial Report</b><img src=\"https://static.tigerbbs.com/5ef0b87a71a17736a8d2dc2b68db0fef\" tg-width=\"908\" tg-height=\"945\" referrerpolicy=\"no-referrer\"/></p><p>Thursday,<b>Regarding economic data,</b>The Bank of England will announce its interest rate decision.</p><p>The survey suggests that the Bank of England may avoid further rate hike in August and instead stick to a dovish rate hike pace of 25 basis points, but this is a very difficult decision. In addition,<b>The United States will release data on initial and renewed unemployment claims for the week ending July 30.</b></p><p>In the week ending July 23, the number of initial jobless claims in the United States fell by 5,000 to 256,000. A media survey of economists showed that the median number of applicants was expected to be 250,000. As of the week ending July 16, the number of people continuing to apply for unemployment benefits fell to 1.36 million. Although U.S. unemployment claims fell for the first time in four weeks, they remained near their highest level since November of last year, indicating a continued slowdown in the labor market.<b>Regarding the event, the European Central Bank will release an economic bulletin.</b></p><p><b>Tesla held its 2022 annual shareholders meeting.</b>On August 4, Tesla will hold its annual shareholders meeting at its Gigafactory in Texas. The company will also broadcast the event live and is expected to announce updates on the 4680 battery, fully autonomous driving, and its Austin and Berlin factories. The meeting agenda shows that Tesla's board of directors sought to increase the number of authorized common shares to 4 billion.</p><p><b>Regarding financial reports,<a href=\"https://laohu8.com/S/09988\">Alibaba-SW</a>、<a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a></b>The company will release its earnings report before the US stock market opens on August 4.</p><p><a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>Analysts believe that, according to data from the National Bureau of Statistics, my country's total retail sales declined by 11.1% and 6.7% year-on-year in April and May 2022, respectively, with the month-on-month decline narrowing. Online retail sales of physical goods decreased by 5.2% and increased by 7.0% year-on-year, indicating a recovery in online consumption. Revenue for fiscal years 2023-2025 is projected to reach RMB 889.7 billion, RMB 956.8 billion, and RMB 1,021.4 billion, representing year-on-year increases of 4%, 8%, and 7%. We have raised our net profit (Non-GAAP) forecasts for fiscal years 2023-2025 to RMB129.9 billion, RMB147.6 billion, and RMB162.5 billion, representing a year-on-year decrease of 5%, an increase of 14%, and an increase of 10%. The current price corresponds to the company's Hong Kong stock PE (Non-GAAP) of 16 times, 14 times, and 13 times.<b>Keywords for Friday, August 5th: US July non-farm payrolls and unemployment rate; Cleveland Fed President Mester speaks.</b><img src=\"https://static.tigerbbs.com/939f641cb26b9fc3a5d646ffd88fc5f3\" tg-width=\"905\" tg-height=\"904\" referrerpolicy=\"no-referrer\"/>Friday,<b>Regarding economic data,</b>The United States will release its July non-farm payrolls and unemployment rates. The market currently expects non-farm payrolls to increase by 255,000 in July, lower than the previous reading of 372,000, and the unemployment rate to be 3.6%, unchanged from the previous reading.</p><p>Previously, the United States added 372,000 seasonally adjusted non-farm payrolls in June, far exceeding the market expectation of 250,000, continuing the strong momentum of employment growth this year. The unemployment rate was 3.6%, unchanged from May and still near a 50-year low, in line with expectations.<b>Regarding the event, Cleveland Federal Reserve President Mester will speak on monetary policy.</b></p><p></body></html></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>Weekly Preview | Earnings reports from Alibaba, Occidental Petroleum, and others are coming! Non-farm payroll data is coming soon.</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\">\nWeekly Preview | Earnings reports from Alibaba, Occidental Petroleum, and others are coming! Non-farm payroll data is coming soon.\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\">2022-08-01 07:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Major financial events this week (August 1-5)</p><p><b>Regarding economic data,</b>The US and the Eurozone in July<a href=\"https://laohu8.com/S/MRKT\">Markit</a>The final reading of the manufacturing PMI, the revised month-on-month reading of US durable goods orders for June, changes in US API and EIA crude oil inventories for the week ending July 29, the number of US initial jobless claims for the week ending July 30, and the US non-farm payrolls and unemployment rate for July.<b>Regarding financial reports,</b><a href=\"https://laohu8.com/S/HBC\">HSBC Holdings</a>、<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>、<a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a>, AMD,<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>And Buffett's new favorite stocks<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>Financial reports will be released successively. In addition,<b>This week, attention should also be paid to the Reserve Bank of Australia's interest rate decision, the Bank of England's interest rate decision, and speeches by officials such as Chicago Fed President Evans and St. Louis Fed President Bullard.</b><img src=\"https://static.tigerbbs.com/ef4a4a9095140ecd3c104ff0ec6ccc64\" tg-width=\"2044\" tg-height=\"1429\" referrerpolicy=\"no-referrer\"/><b>Keywords for Monday, August 1st: Eurozone June unemployment rate, US and Eurozone July Markit manufacturing PMI final readings; HSBC Holdings Financial Report</b><img src=\"https://static.tigerbbs.com/4254af86af01c216719cccd62b67df2c\" tg-width=\"910\" tg-height=\"807\" referrerpolicy=\"no-referrer\"/></p><p>Monday,<b>Regarding economic data,</b>The US and Eurozone will release the final Markit manufacturing PMI readings for July, which are expected to be relatively weak and not much different from the preliminary readings.</p><p>The preliminary reading of the U.S. Markit Manufacturing PMI for July was 52.3, which was better than the expected 52, but lower than the 52.7 reading in June, marking the lowest level since July 2020. In terms of financial reports, as one of the high-dividend stocks in Hong Kong,<a href=\"https://laohu8.com/S/00005.HK\">HSBC Holdings</a>Financial reports will be released; US stocks<a href=\"https://laohu8.com/S/ATVI.US\">Activision Blizzard</a>Earnings reports will also be released after the US stock market closes on August 1.</p><p><a href=\"https://laohu8.com/S/C\">Citi</a>And CICC's forecast<a href=\"https://laohu8.com/S/00005\">HSBC Holdings</a>The forecast for the 2022 interim dividend per ordinary share is US 8 cents, representing a 14.2% increase year-on-year compared to the interim dividend of US 7 cents per ordinary share in the same period last year. According to forecasts from four securities firms, HSBC's benchmark pre-tax profit for the first half of 2022 is expected to be US$7.937 billion to US$8.174 billion, a year-on-year decrease of 24.6% to 26.8% compared to US$10.839 billion in the first half of 2021.<b>Regarding the incident,</b><b>U.S. House Speaker Nancy Pelosi is about to embark on a trip to Asia.</b>According to The Paper, the official website of the Office of the Speaker of the U.S. House of Representatives published Pelosi's itinerary for her trip to Asia, stating that Pelosi led a congressional delegation to visit the Indo-Pacific region, including Singapore, Malaysia, South Korea, and Japan. The statement said the trip will focus on common security, economic partnerships, and*governance in the Indo-Pacific region. Singapore's Ministry of Foreign Affairs said that a U.S. congressional delegation led by Pelosi will visit Singapore from August 1 to 2 to meet with President Halimah and Prime Minister Lee Hsien Loong.</p><p><b>Keywords for Tuesday, August 2nd: Reserve Bank of Australia interest rate decision, Chicago Fed President Evans speaks; Activision Blizzard and BP earnings reports</b><img src=\"https://static.tigerbbs.com/61ec689c6b09a82647586456153aa140\" tg-width=\"907\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>Tuesday,<b>Regarding economic data,</b>The Reserve Bank of Australia will announce its interest rate decision, as well as job openings for JOLTs in the United States.</p><p>In a survey conducted from July 22 to 28, 32 of the 34 economists surveyed predicted that the Reserve Bank of Australia would raise the cash rate by 50 basis points to 1.85%. This will be the first time the Reserve Bank of Australia has rate hike the cash rate by 50 basis points at three consecutive meetings since it was introduced in 1990. The other two economists expect rate hike to be even larger, at 65 or 75 basis points.<b>Regarding the event, Evans hosted a media breakfast, and investors should pay attention to his latest remarks on the economy and the Federal Reserve's monetary policy.</b></p><p><b>In terms of financial reports, US stocks<a href=\"https://laohu8.com/S/BP\">BP</a>、<a href=\"https://laohu8.com/S/SPGI\">S&P Global</a>、<a href=\"https://laohu8.com/S/UBER\">Uber</a></b>Earnings reports will be released before the US stock market opens on August 2nd. In addition, Buffett's new favorite stocks<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>, and<a href=\"https://laohu8.com/S/AMD\">American Supermicro Corporation</a>、<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>Earnings reports will be released after the US stock market closes on August 2.</p><p>On July 27, 2022, Occidental Petroleum announced that it would distribute a regular quarterly Dividend of $0.13 per common share to shareholders on record as of October 17, 2022. In addition, according to 12 analyst reports providing price forecasts for the coming year over the past three months, Occidental Petroleum's average price target is $74.92, with a high of $90.00 and a low of $58.00. according to<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>According to analyst Neil Mehta, Occidental Petroleum continues to hold attractive free cash flow prospects.<b>Keywords for Wednesday, August 3: US June durable goods orders month-on-month revision, API and EIA crude oil inventory changes for the week ending July 29; Occidental Petroleum Financial Report</b><img src=\"https://static.tigerbbs.com/30901e5735d1f1747040191e4b90fc26\" tg-width=\"907\" tg-height=\"1171\" referrerpolicy=\"no-referrer\"/></p><p>Wednesday,<b>Regarding economic data,</b>The United States will release a revised monthly rate of durable goods orders for June.</p><p>U.S. durable goods orders rose 0.7% month-on-month in May, compared to the expected 0.1% and the previous value of 0.50%. U.S. factory durable goods orders rose more than expected in May, indicating that business investment has remained strong so far even amid rising interest rates and heightened economic concerns. In addition,<b>The U.S. API and EIA crude oil inventory changes data for the week ending July 29 are also worth investors' attention.</b></p><p>U.S. API crude oil inventories fell by 4.037 million barrels in the week ending July 22, compared to an expected decrease of 1.12 million barrels. U.S. EIA crude oil inventories fell by 4.523 million barrels in the week ending July 22, far exceeding the expected decrease of 1.037 million barrels, marking the largest drop in U.S. crude oil inventories since the end of May.<b>Regarding the incident,</b>St. Louis Federal Reserve President Bullard addressed money market dealers, and investors should also pay attention.</p><p><b>OPEC+ held its 31st ministerial meeting.</b>OPEC+ will hold its 31st ministerial meeting on August 3 to decide on oil production policy for September. The organization will decide whether to heed the U.S. call to supply more crude oil to the global market. At the 30th ministerial meeting held on June 30, it was decided to raise the average daily oil production forecast for August 2022 by 648,000 barrels.</p><p><b>Regarding financial reports,</b>US stocks<a href=\"https://laohu8.com/S/MRNA\">Modern</a>The earnings report will be released before the US stock market opens on August 3. In addition,<a href=\"https://laohu8.com/S/MGM\">MGM</a>、<a href=\"https://laohu8.com/S/LCID\">Lucid</a>The earnings report will be released after the US stock market closes on August 3.</p><p><b>Regarding new stocks,</b>Hong Kong Stocks<a href=\"https://laohu8.com/S/09857\">Lemon Film & Television</a>IPO subscriptions closed on Wednesday.</p><p><b>Keywords for Thursday, August 4th: Bank of England interest rate decision, US initial jobless claims for the week ending July 30th; Alibaba Financial Report</b><img src=\"https://static.tigerbbs.com/5ef0b87a71a17736a8d2dc2b68db0fef\" tg-width=\"908\" tg-height=\"945\" referrerpolicy=\"no-referrer\"/></p><p>Thursday,<b>Regarding economic data,</b>The Bank of England will announce its interest rate decision.</p><p>The survey suggests that the Bank of England may avoid further rate hike in August and instead stick to a dovish rate hike pace of 25 basis points, but this is a very difficult decision. In addition,<b>The United States will release data on initial and renewed unemployment claims for the week ending July 30.</b></p><p>In the week ending July 23, the number of initial jobless claims in the United States fell by 5,000 to 256,000. A media survey of economists showed that the median number of applicants was expected to be 250,000. As of the week ending July 16, the number of people continuing to apply for unemployment benefits fell to 1.36 million. Although U.S. unemployment claims fell for the first time in four weeks, they remained near their highest level since November of last year, indicating a continued slowdown in the labor market.<b>Regarding the event, the European Central Bank will release an economic bulletin.</b></p><p><b>Tesla held its 2022 annual shareholders meeting.</b>On August 4, Tesla will hold its annual shareholders meeting at its Gigafactory in Texas. The company will also broadcast the event live and is expected to announce updates on the 4680 battery, fully autonomous driving, and its Austin and Berlin factories. The meeting agenda shows that Tesla's board of directors sought to increase the number of authorized common shares to 4 billion.</p><p><b>Regarding financial reports,<a href=\"https://laohu8.com/S/09988\">Alibaba-SW</a>、<a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a></b>The company will release its earnings report before the US stock market opens on August 4.</p><p><a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>Analysts believe that, according to data from the National Bureau of Statistics, my country's total retail sales declined by 11.1% and 6.7% year-on-year in April and May 2022, respectively, with the month-on-month decline narrowing. Online retail sales of physical goods decreased by 5.2% and increased by 7.0% year-on-year, indicating a recovery in online consumption. Revenue for fiscal years 2023-2025 is projected to reach RMB 889.7 billion, RMB 956.8 billion, and RMB 1,021.4 billion, representing year-on-year increases of 4%, 8%, and 7%. We have raised our net profit (Non-GAAP) forecasts for fiscal years 2023-2025 to RMB129.9 billion, RMB147.6 billion, and RMB162.5 billion, representing a year-on-year decrease of 5%, an increase of 14%, and an increase of 10%. The current price corresponds to the company's Hong Kong stock PE (Non-GAAP) of 16 times, 14 times, and 13 times.<b>Keywords for Friday, August 5th: US July non-farm payrolls and unemployment rate; Cleveland Fed President Mester speaks.</b><img src=\"https://static.tigerbbs.com/939f641cb26b9fc3a5d646ffd88fc5f3\" tg-width=\"905\" tg-height=\"904\" referrerpolicy=\"no-referrer\"/>Friday,<b>Regarding economic data,</b>The United States will release its July non-farm payrolls and unemployment rates. The market currently expects non-farm payrolls to increase by 255,000 in July, lower than the previous reading of 372,000, and the unemployment rate to be 3.6%, unchanged from the previous reading.</p><p>Previously, the United States added 372,000 seasonally adjusted non-farm payrolls in June, far exceeding the market expectation of 250,000, continuing the strong momentum of employment growth this year. The unemployment rate was 3.6%, unchanged from May and still near a 50-year low, in line with expectations.<b>Regarding the event, Cleveland Federal Reserve President Mester will speak on monetary policy.</b></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d256e82db1d71c864259845ce1d069bf","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF华安","DUST":"二倍做空黄金矿业指数ETF-Direxion",".SPX":"S&P 500 Index","NUGT":"二倍做多黄金矿业指数ETF-Direxion","BK4521":"英国银行股","GDX":"黄金矿业ETF-VanEck","OXY":"西方石油","BK4207":"综合性银行",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","GLD":"黄金ETF-SPDR","HSBC":"汇丰","BK4201":"综合性石油与天然气企业","IAU":"黄金信托ETF-iShares"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179267509","content_text":"本周（8.1—8.5）重磅财经事件经济数据方面，美国和欧元区7月Markit制造业PMI终值，美国6月耐用品订单月率修正值，美国截至7月29日当周API和EIA原油库存变动，美国截至7月30日当周初请失业金人数，以及美国7月非农和失业率。财报方面，汇丰控股、阿里巴巴、动视暴雪、AMD、PayPal以及巴菲特新晋爱股西方石油将先后发布财报。此外，本周还需关注澳洲联储利率决议，英国央行利率决议，以及芝加哥联储主席埃文斯，圣路易斯联储主席布拉德等官员的讲话。8月1日 周一关键词：欧元区6月失业率，美国和欧元区7月Markit制造业PMI终值；汇丰控股财报周一，经济数据方面，美国和欧元区将公布7月Markit制造业PMI终值，预计相对低迷，和初值相差不大。美国7月Markit制造业PMI初值录得52.3，虽然好于预期的52，但低于6月数值的52.7，创下2020年7月以来最低。财报方面，作为港股高分红股票之一的汇丰控股将会发布财报；美股动视暴雪也将在8月1日美股盘后发布财报。花旗及中金均预测汇丰控股2022年每股普通股中期息预测为8美仙，较去年同期每股普通股中期息7美仙同比升14.2%。综合4间券商预测，汇控2022年上半年列账基准除税前利润预计为79.37-81.74亿美元，较2021年上半年108.39亿美元计，同比下跌24.6%至26.8%。事件方面，美国众议院议长佩洛西即将开启亚洲行。据澎湃新闻报道，美国众议院议长办公室官网公布佩洛西亚洲之行行程，称佩洛西率领一个国会代表团访问印度-太平洋地区，包括访问新加坡、马来西亚、韩国和日本。声明称，此行将重点关注印太地区的共同安全、经济伙伴关系和民主治理。新加坡外交部说，佩洛西率领的美国议会代表团将在8月1日至2日到访新加坡，与哈莉玛总统和李显龙总理会面。8月2日周二关键词：澳洲联储利率决议，芝加哥联储主席埃文斯发表讲话；动视暴雪、英国石油财报周二，经济数据方面，澳洲联储将公布利率决议，以及美国JOLTs职位空缺。在7月22日至28日的调查中，受访的34位经济学家中有32位预测，澳洲联储将把提高现金利率50个基点至1.85%。这将是自1990年引入现金利率以来，澳洲联储首次在连续三次会议上加息50个基点。其余两位经济学家预计加息幅度会更大，为65或75个基点。事件方面，埃文斯主持媒体早餐会，投资者需关注他涉及经济和美联储货币政策的最新言论。财报方面，美股英国石油、标普全球、优步将会在8月2日美股盘前公布财报。此外，巴菲特新晋爱股西方石油，以及美国超微公司、PayPal将会在8月2日美股盘后公布财报。2022年7月27日西方石油宣布，将向截至2022年10月17日在册的股东派发普通股每股0.13美元的定期季度股息。此外，根据最近3个月提供未来一年价格预测的12位分析师报告，西方石油公司的平均目标价为74.92美元，最高为90.00美元，最低为58.00美元。根据高盛分析师Neil Mehta的说法，西方石油公司继续持有有吸引力的自由现金流前景。8月3日周三关键词：美国6月耐用品订单月率修正值，截至7月29日当周API和EIA原油库存变动；西方石油财报周三，经济数据方面，美国将公布6月耐用品订单月率修正值。美国5月耐用品订单月率 0.7%，预期0.1%，前值0.50%。5月份美国工厂耐用品订单增幅高于预期，表明即便在利率上升和对经济担忧加剧的情况下，企业投资迄今仍保持强劲。此外，截至7月29日当周美国API和EIA原油库存变动数据也值得投资者关注。美国至7月22日当周API原油库存减少403.7万桶，预期减少112万桶。美国截至7月22日当周EIA原油库存减少了452.3万桶，远超预期的减少103.7万桶，为5月底以来最大的美国原油库存降幅。事件方面，圣路易斯联储主席布拉德向货币市场经销商发表讲话，投资者也需保持关注。OPEC+举行第31次部长级会议。OPEC+将于8月3日举行第31次部长级会议，决定9月的石油生产政策。该组织将决定是否听取美国的呼吁，为全球市场供应更多原油。在6月30日举行的第30次部长级会议上，曾决定将2022年8月石油总产量日均上调64.8万桶。财报方面，美股Moderna将在8月3日美股盘前发布财报。此外，美高梅、Lucid将在8月3日美股盘后发布财报。新股方面，港股柠萌影视周三结束新股申购。8月4日周四关键词：英国央行利率决议，美国截至7月30日当周初请失业金人数；阿里巴巴财报周四，经济数据方面，英国央行将公布利率决议。调查显示,英国央行8月可能会避免更大幅度的加息，而是坚守25个基点的温和加息步伐，但这是一个非常艰难的决定。此外，美国将公布截至7月30日当周初请、续请失业金人数等数据。截至7月23日当周，美国初次申请失业金人数减少5,000人，至25.6万人。媒体对经济学家进行的调查显示，申请人数的中位数预期25万人。截至7月16日当周，续请失业金人数降至136万人。虽然美国失业金申请人数四周来首次下降，但仍维持在去年11月以来最高水平附近，表明劳动力市场继续放缓。事件方面，欧洲央行将公布经济公报。特斯拉召开2022年年度股东大会。8月4日，特斯拉将在得克萨斯州超级工厂内召开年度股东大会。该公司还将直播这场活动，预计将会公布关于4680电池、全自动驾驶、奥斯汀和柏林工厂的最新消息。会议议程显示，特斯拉董事会寻求将授权普通股的数量增加到40亿股。财报方面，阿里巴巴-SW、康菲石油等将在8月4日美股盘前公布财报。中信证券分析认为，根据国家统计局数据，2022年4/5月我国社零总额同比下滑11.1%/6.7%，环比降幅收窄，实物商品网上零售额同比减少5.2%/增加7.0%，线上消费回暖。预测2023~2025财年收入至8,897亿元/9,568 亿元/10,214 亿元，同比增加4%/增加8%/增加7%；上调2023-2025财年净利润（Non-GAAP）预测至1,299 亿元/1,476 亿元/1,625 亿元，同比减少5%/增加14%/增加10%，现价对应公司港股PE（Non-GAAP）16倍/14倍/13倍。8月5日周五关键词：美国7月非农和失业率，克利夫兰联储主席梅斯特发表讲话周五，经济数据方面，美国将公布公布7月非农和失业率。目前市场预期7月非农增加25.5万，不及37.2万的前值，失业率为3.6%，和前值持平。此前，美国6月季调后新增非农就业人口为37.2万人，远高于市场预期的25万人，延续了今年以来就业增长的强劲势头；失业率为3.6%，与5月持平，仍维持在50年以来的低点附近，符合预期。事件方面，克利夫兰联储主席梅斯特将就货币政策发表讲话。","news_type":1,"symbols_score_info":{"159934":0.9,"518880":0.9,"MGCmain":0.9,"DUST":0.9,".SPX":0.9,"GLD":0.9,".DJI":0.9,"NUGT":0.9,"SGCmain":0.9,"SGUmain":0.9,"GDX":0.9,".IXIC":0.9,"HSBC":0.9,"OXY":0.9,"GCmain":0.9,"SImain":0.9,"IAU":0.9}},"isVote":1,"tweetType":1,"viewCount":5593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901501216,"gmtCreate":1659230089435,"gmtModify":1676536273800,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9901501216","repostId":"1137777521","repostType":4,"isVote":1,"tweetType":1,"viewCount":5183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077340933,"gmtCreate":1658458269522,"gmtModify":1676536162757,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9077340933","repostId":"1161200490","repostType":4,"repost":{"id":"1161200490","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":1658448405,"share":"https://ttm.financial/m/news/1161200490?lang=en_US&edition=fundamental","pubTime":"2022-07-22 08:06","market":"us","language":"zh","title":"Last night and this morning | Breaking news late at night! Biden tests positive for COVID-19, ECB rate hike","url":"https://stock-news.laohu8.com/highlight/detail?id=1161200490","media":"老虎资讯综合","summary":"摘要：①美股三连涨，财报利好特斯拉涨近10%；②热门中概股多数走高，哔哩哔哩涨近6%；③欧洲央行宣布加息50个基点；④拜登新冠病毒检测结果呈阳性。海外市场1、美股三大指数收高特斯拉涨近10%美股周四收","content":"<p><html><head></head><body>Abstract: ① US stocks rose for the third consecutive day, with positive earnings reports.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose nearly 10%; ② Most popular Chinese concept stocks rose.<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It rose nearly 6%; ③ The European Central Bank announced a 50 basis point rate hike; ④ Biden tested positive for COVID-19. Overseas markets</p><p>1. U.S. stocks closed higher, with Tesla rising nearly 10%.</p><p>U.S. stocks closed higher on Thursday, with all three major indexes recording their third consecutive day of gains. At the close, the Dow Jones Industrial Average rose 0.51%, the Nasdaq Composite rose 1.36%, and the S&P 500 rose 0.99%. Major tech stocks continued their upward trend, with Tesla surging 9.78%.<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Up 1.51%<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Up 1.52%<a href=\"https://laohu8.com/S/GOOGL\">Google A</a>Netflix rose 0.39%, and Netflix rose 3.44%.<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>It rose 0.98%.</p><p>2. Most popular Chinese concept stocks rose, including Bilibili.<a href=\"https://laohu8.com/S/IQ\">iQiyi</a>Up nearly 6%</p><p>Chinese concept stocks resumed their upward trend on Thursday, with the Nasdaq China Golden Dragon Index rising 1.61%. Bilibili and iQiyi rose nearly 6%.<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/JD\">JD.com</a>It rose more than 2%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>It rose by more than 1%.</p><p>3. Most major European indices closed higher, while Germany's DAX30 index fell 0.27%.</p><p>Most major European stock indices closed higher on Thursday, with Germany's DAX 30 down 0.27%.<a href=\"https://laohu8.com/S/VUKE.UK\">UK FTSE 100</a>The index rose 0.21%, the French CAC40 index rose 0.27%, and the European Stoxx 50 index rose 0.32%.</p><p>4. U.S. crude oil futures prices closed down 3.5% on Thursday, hitting a one-week low.</p><p>West Texas Intermediate (WTI) crude oil futures for September delivery on the New York Mercantile Exchange fell $3.53, or 3.5%, to settle at $96.35 a barrel, their lowest closing price since July 14.</p><p>5. New York gold futures closed 0.8% higher on Thursday, partially recovering yesterday's losses.</p><p>Gold futures for August delivery on the New York Mercantile Exchange rose $13.20, or 0.8%, to settle at $1,713.40 an ounce. The futures closed down 0.6% on Wednesday, hitting their lowest closing price in 15 months.</p><p>International macro</p><p>1. The European Central Bank implemented rate hike exceeding market expectations and launched new crisis management tools.</p><p>Despite the increased risk of recession, the European Central Bank raised its key interest rate by 50 basis points in an effort to curb soaring inflation. This was its first rate hike in 11 years and the largest rate hike since 2000.</p><p>As Italy experiences a new round of political turmoil, European Central Bank President Christine Lagarde and her colleagues have also introduced a new tool to ensure that markets do not push borrowing costs too high for fragile eurozone economies, avoiding a repeat of the situation in 2012 when the euro's viability was called into question.</p><p>2. The European Central Bank's 50 basis point rate hike has made investors more confident that the Bank of England will follow suit.</p><p>News of a 50 basis point rate hike by the European Central Bank will strengthen market expectations for significant rate hike in other parts of Europe. Investors now believe that a 50 basis point Bank of England rate hike next month is almost certain, which would be the Bank of England's largest rate hike since independence in 1997.</p><p>3. The European Central Bank launched a new bond-buying program to ease pressure on highly indebted countries.</p><p>On the 21st local time, the European Central Bank announced a rate hike and decided to launch a bond-buying program called the \"Transitional Protection Mechanism\". At a press conference that day, European Central Bank President Christine Lagarde further explained that this \"transitional protection mechanism\" was introduced to alleviate the debt repayment pressure on countries with high debt ratios, such as Italy, following the ECB's rate hike, and to prevent another debt crisis in Europe.</p><p>4. White House: Biden will initially quarantine for 5 days and resume public activities after testing negative for COVID-19.</p><p>On July 21 local time, White House Press Secretary Karine Jean-Pierre and White House COVID-19 Coordinator Ash Jha issued a statement at a briefing that day regarding Biden's diagnosis of COVID-19, saying that the probability of Biden being seriously ill is very low. He is currently feeling well, with only mild symptoms. He started experiencing a runny nose, occasional dry cough, and fatigue last night, and has begun taking COVID-19 medication. The White House stated that Biden will initially quarantine for five days and resume public activities after testing negative for COVID-19.</p><p>5. Italian President Mattarella decided to dissolve Parliament.</p><p>On the afternoon of the 21st local time, Italian President Mattarella and Italian Prime Minister Mario Draghi jointly signed a decree at the Presidential Palace deciding to dissolve Parliament. In his speech, Mattarella stated that the Senate vote on the 20th demonstrated that the government lacked parliamentary support and was unlikely to form a new majority government. Under such circumstances, an early dissolution of Parliament is inevitable.</p><p>6. U.S. mortgage rates climbed to 5.54%, putting greater pressure on homebuyers' affordability.</p><p>A slight rise in U.S. mortgage rates has increased pressure on the housing market and posed a greater challenge to homebuyers' affordability. Freddie Mac said in a statement on Thursday that the average interest rate on 30-year loans rose to 5.54% from 5.51% last week. “In the case of real estate, the sharp rise in home prices coupled with rising mortgage rates has created an upper limit on affordability,” said George Ratiu, economic research manager at Realtor.com.</p><p>7. Initial jobless claims in the United States rose to an eight-month high, indicating a cooling labor market.</p><p>As more companies announce layoffs, the number of initial jobless claims in the United States rose for the third consecutive week, reaching its highest level since November of last year, indicating a cooling in the labor market. Data released by the U.S. Department of Labor on Thursday showed that the number of people filing for unemployment benefits for the first time increased by 7,000 to 251,000 in the week ending July 16.</p><p>8. Denmark, a pioneer in negative interest rates, follows the European Central Bank's lead in raising its benchmark interest rate, which is no longer the world's lowest policy interest rate.</p><p>Denmark, the country that has maintained negative interest rates for the longest time, followed the European Central Bank and raised its benchmark interest rate to defend the krona's exchange rate system pegged to the euro. According to a statement on Thursday, the Danish central bank in Copenhagen raised the interest rate on current deposit accounts from -0.6% to -0.1%.</p><p>9. With insufficient natural gas, is the EU trying to save itself? Nearly half of the member states opposed</p><p>In anticipation of a Russian \"gas cut-off,\" the European Union proposed on Wednesday that member states \"voluntarily\" reduce their natural gas consumption by 15% starting next month. However, the plan encountered significant resistance, with nearly half of the member states opposing the proposal. Reducing natural gas use is currently \"voluntary,\" but the EU can turn the reduction target into a mandatory requirement in the event of a tight natural gas supply.</p><p>10. Murmu was elected as the new President of India with 64% of the vote.</p><p>On the 21st local time, Murmu, the candidate nominated by the Indian Democratic Alliance, received 64% of the vote and was elected as the 15th President of India. At 11:00 a.m. on the 21st, the vote counting for the Indian presidential election officially began, with Murmu leading all the way. By the evening of that day, before all the votes had been counted, the outcome of Murmu becoming the new president of India was already a foregone conclusion. Thus, Murmu became India's second female president and the first president from a tribal region.</p><p>11. WHO reassesses monkeypox outbreak; experts worry healthcare inequality may worsen.</p><p>The World Health Organization's emergency committee met again on the 21st to assess the current monkeypox outbreak, assessing whether the epidemic constitutes a \"public health emergency of international concern,\" the highest level of warning issued by the WHO. Some public health experts believe that the monkeypox outbreak in Africa is significantly different from the monkeypox outbreaks found in developed countries, which may complicate a coordinated global response and exacerbate healthcare inequality.</p><p>12. The Philadelphia Federal Reserve's manufacturing expectations index fell to its lowest level since 1979.</p><p>The business outlook for manufacturers in the Philadelphia area fell this month to its lowest level since 1979, with indicators of future new orders and capital spending plans deteriorating. Data released by the Federal Reserve Bank of Philadelphia on Thursday showed that an indicator measuring business conditions over the next six months fell nearly 12 points to -18.6. Manufacturers' assessment of the current situation fell 9 points to -12.3, below the expectations of all economists surveyed by Bloomberg.</p><p>13、<a href=\"https://laohu8.com/S/USEG\">U.S. energy</a>The ministry announced a $96 million grant to advance clean vehicle technologies.</p><p>On July 21 local time, the U.S. Department of Energy announced $96 million to advance clean vehicle technologies to reduce carbon emissions. This funding aims to decarbonize and accelerate the electrification of all vehicles, reducing fuel costs for drivers and companies.</p><p>14. Russian Energy Minister: Russia's energy industry performed well in the first half of the year.</p><p>Russian Energy Minister Shuliginov said on the 21st that Russia's energy industry performed well in the first half of the year and was able to adapt to difficult economic conditions. He also emphasized that Russia's domestic energy market is stable and there are no problems with energy supply. Shuliginov said that in the first half of this year, Russia's oil production increased by 3.4% year-on-year, electricity production increased by 1.9% year-on-year, and coal production was roughly the same as the same period last year.</p><p>15. The UK Supreme Court will rule on Scotland's referendum rights in October.</p><p>The UK Supreme Court will rule in October whether Scottish leaders can hold an independence referendum without the approval of the London government. The Supreme Court ruling will be a major event in the long-running debate between the independence-leaning Scottish government and Westminster over whether Scotland has the right to hold another referendum to decide whether to part ways again after more than 300 years of unification.</p><p>16. The Central Bank of Ukraine significantly lowered the fixed exchange rate of its currency and predicts that the economy will shrink by one-third this year.</p><p>On Thursday (July 21) local time, the Central Bank of Ukraine announced that it had decided to maintain its key policy rate at a historically high level of 25% due to inflation reaching 21.5% in June. Meanwhile, the Central Bank of Ukraine also announced that it would raise the official fixed exchange rate of the US dollar against the hryvnia by 25% starting at 9:00 a.m. on July 21, 2022, to 36.5686 hryvnias per US dollar. By calculation, this move is equivalent to devaluing the hryvnia against the US dollar by nearly 20%.</p><p>Shortly after the statement was released, Central Bank of Ukraine Governor Shepchenko said at a press conference that Ukraine's economy would shrink by one-third in 2022, but if Black Sea ports resume operations, the economy is expected to resume growth in 2023 to 2024.</p><p>Russia-Ukraine situation</p><p>1. The signing ceremony of the Ukrainian grain export transportation agreement will be held in Istanbul on July 22.</p><p>According to a statement released by the Turkish Presidential Press Office on the evening of July 21, the signing ceremony of the Ukrainian grain export transportation agreement will be held at 4:30 p.m. local time on July 22 at the Dormabahçe office area of the Turkish Presidential Palace in Istanbul. Turkish President Recep Tayyip Erdoğan, UN Secretary-General António Guterres, and representatives from Ukraine and Russia will attend the signing ceremony.</p><p>2. Russian Deputy Foreign Minister: Russia is discussing restrictions on Russian grain exports with the United Nations.</p><p>On July 21 local time, Russian Deputy Foreign Minister Andrei Rudenko issued a statement saying that grain transport negotiations between Russia, Türkiye, Ukraine and the United Nations will continue via video link. Russia is discussing restrictions on Russian grain exports with the United Nations. Russia believes that the issue of Russian grain exports should be addressed in parallel with the issue of Ukrainian grain exports. Without the supply of Russian grain and fertilizers, it will be difficult to solve the global food problem, and Russia hopes to reach an agreement on the Ukrainian grain issue in the near future.</p><p>3. The European Council announced an exemption ban on the import of Russian gold and jewelry.<a href=\"https://laohu8.com/S/000061\">agricultural products</a>trade</p><p>The European Council announced on the 21st local time that it would implement new measures against Russia called \"maintenance and adjustment\". This includes banning the import of gold and jewelry from Russia, adding a ban on the export of military-grade goods and technologies to Russia, and sanctions against Russian individuals and entities; At the same time, it allows the export of equipment related to civil aviation safety to Russia, allows Russia to export agricultural products and oil to third parties, and allows third parties to purchase pharmaceuticals and medical devices from Russia.</p><p>4. The British government imposes new sanctions on Russian coal, oil, and gold.</p><p>According to a document published on the British government's official website, on July 21, 2022, the British government revised its sanctions regulations against Russia. The amendment prohibits the import of petroleum and petroleum products, coal and coal products, and gold from Russia, as well as the provision of technical assistance, financial services, funding, and intermediary services related to these goods. The ban on gold imports will take effect on July 21, the ban on coal imports will take effect on August 10, 2022, and the ban on oil imports will take effect on December 31, 2022.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2253763867\" target=\"_blank\">Inflation squeezed consumers' ability to fulfill their contracts; AT&T once suffered its biggest single-day drop since 2002.</a></p><p>AT&T, the largest communications and internet service provider in the United States, admitted on Thursday that customers are starting to slow down in paying their bills amid high inflation. As a result, the company expects its free cash flow for the full year to decrease from $16 billion to $14 billion. The company's stock price plummeted by nearly 11% at one point during the day, the biggest drop for the giant since 2002, and the decline narrowed slightly to 7.62% at the close.</p><p>2、<a href=\"https://laohu8.com/NW/1191434178\" target=\"_blank\">Snap released its weakest financial report since its IPO, causing its stock to plummet by over 25% in after-hours trading.</a></p><p>Snap, the U.S. social media platform, released its financial report after the market closed on Thursday, showing total revenue of $1.11 billion in the second quarter. This not only fell short of expectations, but the year-on-year growth rate of 13% was even lower than at the beginning of the COVID-19 pandemic, making it the company's worst performance since its IPO. As of press time, the company's stock price fell 25.08% in after-hours trading.</p><p>3、<a href=\"https://laohu8.com/NW/2253172027\" target=\"_blank\">Amazon acquires One Medical for $3.9 billion</a></p><p>Amazon announced on Thursday that it will acquire Medical service provider One Medical for $18 per share, valuing the overall deal at $3.9 billion, a 77% premium over Wednesday's closing price. One Medical primarily provides Medical services to corporate employees and individuals. It has 180 offices in 25 markets in the United States and provides employee Medical services to 8,000 companies.</p><p>4. Musk's key deputy and head of the Texas factory are under internal investigation.</p><p>According to media reports citing sources on Thursday, Omead Afshar, a key deputy to Musk and head of the Texas factory, is under internal investigation for allegedly ordering the secret purchase of a special type of glass. He may be asked to take leave and eventually leave the company. It is understood that several employees involved in the matter have been dismissed, and an internal investigation team is currently determining whether the purchase was for CEO Elon Musk's personal needs.</p><p>5、<a href=\"https://laohu8.com/NW/1176253842\" target=\"_blank\">Ford Motor Company announces plans to increase power battery production and reaches strategic cooperation with CATL.</a></p><p>Ford Motor Company announced on Thursday new developments in a series of global power battery and related raw material supply and cooperation, aiming to achieve an annual power battery production capacity of 60GWh through the addition of a lithium iron phosphate battery solution and the securing of related raw material supply, thus ensuring the company's annualized production capacity target of 600,000 electric vehicles in 2023.</p><p>Ford Motor Company announced that starting next year, the Mustang Mach-E in the North American market will add a lithium iron phosphate battery pack version, and starting in 2024, the F-150 Lightning all-electric pickup truck in the North American market will also be equipped with a lithium iron phosphate battery pack version, both provided by CATL. Ford plans to reach an annualized production capacity of 2 million units by 2026.</p><p>Ford announced that it will directly source upstream raw materials for power batteries from the United States, Australia, Indonesia, and other countries, and has already partnered with...<a href=\"https://laohu8.com/S/603799\">Huayou Cobalt</a>、<a href=\"https://laohu8.com/S/VALE\">Vale</a>、<a href=\"https://laohu8.com/S/BBL\">BHP Billiton</a>The companies signed a memorandum of understanding on cooperation.</p><p>6、<a href=\"https://laohu8.com/NW/2253729786\" target=\"_blank\">HSBC withdraws from Russian operations; local subsidiary sold to Expobank</a></p><p>HSBC sold its Russian subsidiary to local bank Expobank, becoming the latest to withdraw from the country following the Russia-Ukraine conflict.<a href=\"https://laohu8.com/S/IBOC\">International bank</a>。 In a statement, HSBC said it had agreed to the sale of its Russian operations to Expobank; The transaction amount was not disclosed. The deal marks another international bank's exit from Russia.</p><p>7、<a href=\"https://laohu8.com/NW/2253779187\" target=\"_blank\">Samsung Electronics will invest nearly $200 billion over the next two decades to build a new factory in Texas, USA.</a></p><p>According to foreign media reports, South Korea<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>Consideration is being given to building 11 chip factories in Texas over the next two decades, with a total investment potentially approaching $200 billion and creating more than 10,000 jobs. Samsung announced these plans in part because it plans to receive financial incentives from the Texas government before they expire.</p><p>8、<a href=\"https://laohu8.com/NW/2253773522\" target=\"_blank\">Bank of America: Is sticking to the original recruitment plan</a></p><p>Bank of America CEO Brian Moynihan said the bank is maintaining its original hiring plan despite a challenging economic environment and other companies reducing hiring. “We don’t have any plans to make major adjustments because, frankly, our plan is to adjust the number of employees at any time,” Moynihan said in an interview on Thursday.</p><p>9、<a href=\"https://laohu8.com/NW/1124767939\" target=\"_blank\">Morgan Stanley: Apple's market capitalization could return to $3 trillion if it changes its business model.</a></p><p>Morgan Stanley believes that Apple's shift from a purely hardware company to a subscription-based business model will provide a clear path for the company's market capitalization to return to $3 trillion. Morgan Stanley analyst Erik Woodring said that while the market still tends to view Apple as a hardware company, the company's business model is shifting from maximizing hardware shipments to maximizing the installation base to increase service subscription revenue.</p><p></body></html></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>Last night and this morning | Breaking news late at night! Biden tests positive for COVID-19, ECB rate hike</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\">\nLast night and this morning | Breaking news late at night! Biden tests positive for COVID-19, ECB rate hike\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\">2022-07-22 08:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Abstract: ① US stocks rose for the third consecutive day, with positive earnings reports.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose nearly 10%; ② Most popular Chinese concept stocks rose.<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It rose nearly 6%; ③ The European Central Bank announced a 50 basis point rate hike; ④ Biden tested positive for COVID-19. Overseas markets</p><p>1. U.S. stocks closed higher, with Tesla rising nearly 10%.</p><p>U.S. stocks closed higher on Thursday, with all three major indexes recording their third consecutive day of gains. At the close, the Dow Jones Industrial Average rose 0.51%, the Nasdaq Composite rose 1.36%, and the S&P 500 rose 0.99%. Major tech stocks continued their upward trend, with Tesla surging 9.78%.<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Up 1.51%<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Up 1.52%<a href=\"https://laohu8.com/S/GOOGL\">Google A</a>Netflix rose 0.39%, and Netflix rose 3.44%.<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>It rose 0.98%.</p><p>2. Most popular Chinese concept stocks rose, including Bilibili.<a href=\"https://laohu8.com/S/IQ\">iQiyi</a>Up nearly 6%</p><p>Chinese concept stocks resumed their upward trend on Thursday, with the Nasdaq China Golden Dragon Index rising 1.61%. Bilibili and iQiyi rose nearly 6%.<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/JD\">JD.com</a>It rose more than 2%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>It rose by more than 1%.</p><p>3. Most major European indices closed higher, while Germany's DAX30 index fell 0.27%.</p><p>Most major European stock indices closed higher on Thursday, with Germany's DAX 30 down 0.27%.<a href=\"https://laohu8.com/S/VUKE.UK\">UK FTSE 100</a>The index rose 0.21%, the French CAC40 index rose 0.27%, and the European Stoxx 50 index rose 0.32%.</p><p>4. U.S. crude oil futures prices closed down 3.5% on Thursday, hitting a one-week low.</p><p>West Texas Intermediate (WTI) crude oil futures for September delivery on the New York Mercantile Exchange fell $3.53, or 3.5%, to settle at $96.35 a barrel, their lowest closing price since July 14.</p><p>5. New York gold futures closed 0.8% higher on Thursday, partially recovering yesterday's losses.</p><p>Gold futures for August delivery on the New York Mercantile Exchange rose $13.20, or 0.8%, to settle at $1,713.40 an ounce. The futures closed down 0.6% on Wednesday, hitting their lowest closing price in 15 months.</p><p>International macro</p><p>1. The European Central Bank implemented rate hike exceeding market expectations and launched new crisis management tools.</p><p>Despite the increased risk of recession, the European Central Bank raised its key interest rate by 50 basis points in an effort to curb soaring inflation. This was its first rate hike in 11 years and the largest rate hike since 2000.</p><p>As Italy experiences a new round of political turmoil, European Central Bank President Christine Lagarde and her colleagues have also introduced a new tool to ensure that markets do not push borrowing costs too high for fragile eurozone economies, avoiding a repeat of the situation in 2012 when the euro's viability was called into question.</p><p>2. The European Central Bank's 50 basis point rate hike has made investors more confident that the Bank of England will follow suit.</p><p>News of a 50 basis point rate hike by the European Central Bank will strengthen market expectations for significant rate hike in other parts of Europe. Investors now believe that a 50 basis point Bank of England rate hike next month is almost certain, which would be the Bank of England's largest rate hike since independence in 1997.</p><p>3. The European Central Bank launched a new bond-buying program to ease pressure on highly indebted countries.</p><p>On the 21st local time, the European Central Bank announced a rate hike and decided to launch a bond-buying program called the \"Transitional Protection Mechanism\". At a press conference that day, European Central Bank President Christine Lagarde further explained that this \"transitional protection mechanism\" was introduced to alleviate the debt repayment pressure on countries with high debt ratios, such as Italy, following the ECB's rate hike, and to prevent another debt crisis in Europe.</p><p>4. White House: Biden will initially quarantine for 5 days and resume public activities after testing negative for COVID-19.</p><p>On July 21 local time, White House Press Secretary Karine Jean-Pierre and White House COVID-19 Coordinator Ash Jha issued a statement at a briefing that day regarding Biden's diagnosis of COVID-19, saying that the probability of Biden being seriously ill is very low. He is currently feeling well, with only mild symptoms. He started experiencing a runny nose, occasional dry cough, and fatigue last night, and has begun taking COVID-19 medication. The White House stated that Biden will initially quarantine for five days and resume public activities after testing negative for COVID-19.</p><p>5. Italian President Mattarella decided to dissolve Parliament.</p><p>On the afternoon of the 21st local time, Italian President Mattarella and Italian Prime Minister Mario Draghi jointly signed a decree at the Presidential Palace deciding to dissolve Parliament. In his speech, Mattarella stated that the Senate vote on the 20th demonstrated that the government lacked parliamentary support and was unlikely to form a new majority government. Under such circumstances, an early dissolution of Parliament is inevitable.</p><p>6. U.S. mortgage rates climbed to 5.54%, putting greater pressure on homebuyers' affordability.</p><p>A slight rise in U.S. mortgage rates has increased pressure on the housing market and posed a greater challenge to homebuyers' affordability. Freddie Mac said in a statement on Thursday that the average interest rate on 30-year loans rose to 5.54% from 5.51% last week. “In the case of real estate, the sharp rise in home prices coupled with rising mortgage rates has created an upper limit on affordability,” said George Ratiu, economic research manager at Realtor.com.</p><p>7. Initial jobless claims in the United States rose to an eight-month high, indicating a cooling labor market.</p><p>As more companies announce layoffs, the number of initial jobless claims in the United States rose for the third consecutive week, reaching its highest level since November of last year, indicating a cooling in the labor market. Data released by the U.S. Department of Labor on Thursday showed that the number of people filing for unemployment benefits for the first time increased by 7,000 to 251,000 in the week ending July 16.</p><p>8. Denmark, a pioneer in negative interest rates, follows the European Central Bank's lead in raising its benchmark interest rate, which is no longer the world's lowest policy interest rate.</p><p>Denmark, the country that has maintained negative interest rates for the longest time, followed the European Central Bank and raised its benchmark interest rate to defend the krona's exchange rate system pegged to the euro. According to a statement on Thursday, the Danish central bank in Copenhagen raised the interest rate on current deposit accounts from -0.6% to -0.1%.</p><p>9. With insufficient natural gas, is the EU trying to save itself? Nearly half of the member states opposed</p><p>In anticipation of a Russian \"gas cut-off,\" the European Union proposed on Wednesday that member states \"voluntarily\" reduce their natural gas consumption by 15% starting next month. However, the plan encountered significant resistance, with nearly half of the member states opposing the proposal. Reducing natural gas use is currently \"voluntary,\" but the EU can turn the reduction target into a mandatory requirement in the event of a tight natural gas supply.</p><p>10. Murmu was elected as the new President of India with 64% of the vote.</p><p>On the 21st local time, Murmu, the candidate nominated by the Indian Democratic Alliance, received 64% of the vote and was elected as the 15th President of India. At 11:00 a.m. on the 21st, the vote counting for the Indian presidential election officially began, with Murmu leading all the way. By the evening of that day, before all the votes had been counted, the outcome of Murmu becoming the new president of India was already a foregone conclusion. Thus, Murmu became India's second female president and the first president from a tribal region.</p><p>11. WHO reassesses monkeypox outbreak; experts worry healthcare inequality may worsen.</p><p>The World Health Organization's emergency committee met again on the 21st to assess the current monkeypox outbreak, assessing whether the epidemic constitutes a \"public health emergency of international concern,\" the highest level of warning issued by the WHO. Some public health experts believe that the monkeypox outbreak in Africa is significantly different from the monkeypox outbreaks found in developed countries, which may complicate a coordinated global response and exacerbate healthcare inequality.</p><p>12. The Philadelphia Federal Reserve's manufacturing expectations index fell to its lowest level since 1979.</p><p>The business outlook for manufacturers in the Philadelphia area fell this month to its lowest level since 1979, with indicators of future new orders and capital spending plans deteriorating. Data released by the Federal Reserve Bank of Philadelphia on Thursday showed that an indicator measuring business conditions over the next six months fell nearly 12 points to -18.6. Manufacturers' assessment of the current situation fell 9 points to -12.3, below the expectations of all economists surveyed by Bloomberg.</p><p>13、<a href=\"https://laohu8.com/S/USEG\">U.S. energy</a>The ministry announced a $96 million grant to advance clean vehicle technologies.</p><p>On July 21 local time, the U.S. Department of Energy announced $96 million to advance clean vehicle technologies to reduce carbon emissions. This funding aims to decarbonize and accelerate the electrification of all vehicles, reducing fuel costs for drivers and companies.</p><p>14. Russian Energy Minister: Russia's energy industry performed well in the first half of the year.</p><p>Russian Energy Minister Shuliginov said on the 21st that Russia's energy industry performed well in the first half of the year and was able to adapt to difficult economic conditions. He also emphasized that Russia's domestic energy market is stable and there are no problems with energy supply. Shuliginov said that in the first half of this year, Russia's oil production increased by 3.4% year-on-year, electricity production increased by 1.9% year-on-year, and coal production was roughly the same as the same period last year.</p><p>15. The UK Supreme Court will rule on Scotland's referendum rights in October.</p><p>The UK Supreme Court will rule in October whether Scottish leaders can hold an independence referendum without the approval of the London government. The Supreme Court ruling will be a major event in the long-running debate between the independence-leaning Scottish government and Westminster over whether Scotland has the right to hold another referendum to decide whether to part ways again after more than 300 years of unification.</p><p>16. The Central Bank of Ukraine significantly lowered the fixed exchange rate of its currency and predicts that the economy will shrink by one-third this year.</p><p>On Thursday (July 21) local time, the Central Bank of Ukraine announced that it had decided to maintain its key policy rate at a historically high level of 25% due to inflation reaching 21.5% in June. Meanwhile, the Central Bank of Ukraine also announced that it would raise the official fixed exchange rate of the US dollar against the hryvnia by 25% starting at 9:00 a.m. on July 21, 2022, to 36.5686 hryvnias per US dollar. By calculation, this move is equivalent to devaluing the hryvnia against the US dollar by nearly 20%.</p><p>Shortly after the statement was released, Central Bank of Ukraine Governor Shepchenko said at a press conference that Ukraine's economy would shrink by one-third in 2022, but if Black Sea ports resume operations, the economy is expected to resume growth in 2023 to 2024.</p><p>Russia-Ukraine situation</p><p>1. The signing ceremony of the Ukrainian grain export transportation agreement will be held in Istanbul on July 22.</p><p>According to a statement released by the Turkish Presidential Press Office on the evening of July 21, the signing ceremony of the Ukrainian grain export transportation agreement will be held at 4:30 p.m. local time on July 22 at the Dormabahçe office area of the Turkish Presidential Palace in Istanbul. Turkish President Recep Tayyip Erdoğan, UN Secretary-General António Guterres, and representatives from Ukraine and Russia will attend the signing ceremony.</p><p>2. Russian Deputy Foreign Minister: Russia is discussing restrictions on Russian grain exports with the United Nations.</p><p>On July 21 local time, Russian Deputy Foreign Minister Andrei Rudenko issued a statement saying that grain transport negotiations between Russia, Türkiye, Ukraine and the United Nations will continue via video link. Russia is discussing restrictions on Russian grain exports with the United Nations. Russia believes that the issue of Russian grain exports should be addressed in parallel with the issue of Ukrainian grain exports. Without the supply of Russian grain and fertilizers, it will be difficult to solve the global food problem, and Russia hopes to reach an agreement on the Ukrainian grain issue in the near future.</p><p>3. The European Council announced an exemption ban on the import of Russian gold and jewelry.<a href=\"https://laohu8.com/S/000061\">agricultural products</a>trade</p><p>The European Council announced on the 21st local time that it would implement new measures against Russia called \"maintenance and adjustment\". This includes banning the import of gold and jewelry from Russia, adding a ban on the export of military-grade goods and technologies to Russia, and sanctions against Russian individuals and entities; At the same time, it allows the export of equipment related to civil aviation safety to Russia, allows Russia to export agricultural products and oil to third parties, and allows third parties to purchase pharmaceuticals and medical devices from Russia.</p><p>4. The British government imposes new sanctions on Russian coal, oil, and gold.</p><p>According to a document published on the British government's official website, on July 21, 2022, the British government revised its sanctions regulations against Russia. The amendment prohibits the import of petroleum and petroleum products, coal and coal products, and gold from Russia, as well as the provision of technical assistance, financial services, funding, and intermediary services related to these goods. The ban on gold imports will take effect on July 21, the ban on coal imports will take effect on August 10, 2022, and the ban on oil imports will take effect on December 31, 2022.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2253763867\" target=\"_blank\">Inflation squeezed consumers' ability to fulfill their contracts; AT&T once suffered its biggest single-day drop since 2002.</a></p><p>AT&T, the largest communications and internet service provider in the United States, admitted on Thursday that customers are starting to slow down in paying their bills amid high inflation. As a result, the company expects its free cash flow for the full year to decrease from $16 billion to $14 billion. The company's stock price plummeted by nearly 11% at one point during the day, the biggest drop for the giant since 2002, and the decline narrowed slightly to 7.62% at the close.</p><p>2、<a href=\"https://laohu8.com/NW/1191434178\" target=\"_blank\">Snap released its weakest financial report since its IPO, causing its stock to plummet by over 25% in after-hours trading.</a></p><p>Snap, the U.S. social media platform, released its financial report after the market closed on Thursday, showing total revenue of $1.11 billion in the second quarter. This not only fell short of expectations, but the year-on-year growth rate of 13% was even lower than at the beginning of the COVID-19 pandemic, making it the company's worst performance since its IPO. As of press time, the company's stock price fell 25.08% in after-hours trading.</p><p>3、<a href=\"https://laohu8.com/NW/2253172027\" target=\"_blank\">Amazon acquires One Medical for $3.9 billion</a></p><p>Amazon announced on Thursday that it will acquire Medical service provider One Medical for $18 per share, valuing the overall deal at $3.9 billion, a 77% premium over Wednesday's closing price. One Medical primarily provides Medical services to corporate employees and individuals. It has 180 offices in 25 markets in the United States and provides employee Medical services to 8,000 companies.</p><p>4. Musk's key deputy and head of the Texas factory are under internal investigation.</p><p>According to media reports citing sources on Thursday, Omead Afshar, a key deputy to Musk and head of the Texas factory, is under internal investigation for allegedly ordering the secret purchase of a special type of glass. He may be asked to take leave and eventually leave the company. It is understood that several employees involved in the matter have been dismissed, and an internal investigation team is currently determining whether the purchase was for CEO Elon Musk's personal needs.</p><p>5、<a href=\"https://laohu8.com/NW/1176253842\" target=\"_blank\">Ford Motor Company announces plans to increase power battery production and reaches strategic cooperation with CATL.</a></p><p>Ford Motor Company announced on Thursday new developments in a series of global power battery and related raw material supply and cooperation, aiming to achieve an annual power battery production capacity of 60GWh through the addition of a lithium iron phosphate battery solution and the securing of related raw material supply, thus ensuring the company's annualized production capacity target of 600,000 electric vehicles in 2023.</p><p>Ford Motor Company announced that starting next year, the Mustang Mach-E in the North American market will add a lithium iron phosphate battery pack version, and starting in 2024, the F-150 Lightning all-electric pickup truck in the North American market will also be equipped with a lithium iron phosphate battery pack version, both provided by CATL. Ford plans to reach an annualized production capacity of 2 million units by 2026.</p><p>Ford announced that it will directly source upstream raw materials for power batteries from the United States, Australia, Indonesia, and other countries, and has already partnered with...<a href=\"https://laohu8.com/S/603799\">Huayou Cobalt</a>、<a href=\"https://laohu8.com/S/VALE\">Vale</a>、<a href=\"https://laohu8.com/S/BBL\">BHP Billiton</a>The companies signed a memorandum of understanding on cooperation.</p><p>6、<a href=\"https://laohu8.com/NW/2253729786\" target=\"_blank\">HSBC withdraws from Russian operations; local subsidiary sold to Expobank</a></p><p>HSBC sold its Russian subsidiary to local bank Expobank, becoming the latest to withdraw from the country following the Russia-Ukraine conflict.<a href=\"https://laohu8.com/S/IBOC\">International bank</a>。 In a statement, HSBC said it had agreed to the sale of its Russian operations to Expobank; The transaction amount was not disclosed. The deal marks another international bank's exit from Russia.</p><p>7、<a href=\"https://laohu8.com/NW/2253779187\" target=\"_blank\">Samsung Electronics will invest nearly $200 billion over the next two decades to build a new factory in Texas, USA.</a></p><p>According to foreign media reports, South Korea<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>Consideration is being given to building 11 chip factories in Texas over the next two decades, with a total investment potentially approaching $200 billion and creating more than 10,000 jobs. Samsung announced these plans in part because it plans to receive financial incentives from the Texas government before they expire.</p><p>8、<a href=\"https://laohu8.com/NW/2253773522\" target=\"_blank\">Bank of America: Is sticking to the original recruitment plan</a></p><p>Bank of America CEO Brian Moynihan said the bank is maintaining its original hiring plan despite a challenging economic environment and other companies reducing hiring. “We don’t have any plans to make major adjustments because, frankly, our plan is to adjust the number of employees at any time,” Moynihan said in an interview on Thursday.</p><p>9、<a href=\"https://laohu8.com/NW/1124767939\" target=\"_blank\">Morgan Stanley: Apple's market capitalization could return to $3 trillion if it changes its business model.</a></p><p>Morgan Stanley believes that Apple's shift from a purely hardware company to a subscription-based business model will provide a clear path for the company's market capitalization to return to $3 trillion. Morgan Stanley analyst Erik Woodring said that while the market still tends to view Apple as a hardware company, the company's business model is shifting from maximizing hardware shipments to maximizing the installation base to increase service subscription revenue.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{"BK4527":"明星科技股","BK4574":"无人驾驶","BK4551":"寇图资本持仓",".SPX":"S&P 500 Index","BK4099":"汽车制造商","BK4511":"特斯拉概念","TSLA":"特斯拉","BK4550":"红杉资本持仓",".DJI":"道琼斯","BK4548":"巴美列捷福持仓","BK4534":"瑞士信贷持仓",".IXIC":"NASDAQ Composite","BK4581":"高盛持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161200490","content_text":"摘要：①美股三连涨，财报利好特斯拉涨近10%；②热门中概股多数走高，哔哩哔哩涨近6%；③欧洲央行宣布加息50个基点；④拜登新冠病毒检测结果呈阳性。海外市场1、美股三大指数收高特斯拉涨近10%美股周四收高，三大股指均录得连续第三日上涨，截至收盘，道琼斯指数涨0.51%，纳斯达克综合指数涨1.36%，标普500指数涨0.99%。大型科技股延续上涨步伐，特斯拉大涨9.78%，苹果涨1.51%，亚马逊涨1.52%，谷歌A涨0.39%，奈飞涨3.44%，微软涨0.98%。2、热门中概股多数上涨哔哩哔哩、爱奇艺涨近6%中概股周四重拾升势，纳斯达克中国金龙指数涨1.61%。哔哩哔哩、爱奇艺涨近6%，百度、京东涨超2%，理想汽车、蔚来涨超1%。3、欧股主要指数多数收涨德国DAX30指数跌0.27%欧股主要指数周四多数收涨，德国DAX30指数跌0.27%，英国富时100指数涨0.21%，法国CAC40指数涨0.27%，欧洲斯托克50指数涨0.32%。4、美国原油期货价格周四收跌3.5% 创一周新低纽约商品交易所9月交割的西德克萨斯中质（WTI）原油期货价格下跌3.53美元，跌幅为3.5%，收于每桶96.35美元，为7月14日以来的最低收盘价。5、纽约黄金期货周四收高0.8% 部分挽回昨日损失纽约商品交易所8月交割的黄金期货价格上涨13.20美元，涨幅为0.8%，收于每盎司1713.40美元。周三该期货收跌0.6%，创15个月来的最低收盘价。国际宏观1、欧洲央行以超出市场预期的幅度加息 并推出新的危机对抗工具尽管经济衰退风险加剧，但为了遏制飙升的通胀，欧洲央行将关键利率提高了50个基点，这是其11年来的首次加息，也是2000年以来加息幅度最大的一次。鉴于意大利正在经历新一轮的政治动荡，欧洲央行行长克里斯蒂娜·拉加德和她的同事们还推出了一种新工具，希望能确保市场不会将欧元区脆弱经济体的借贷成本推升至过高水平，避免2012年欧元生存前景受到质疑时的那种情况再次发生。2、欧洲央行加息50基点 令投资者更笃定英国央行也会仿而效之欧洲央行升息50基点的消息将增强市场对欧洲其他地区大幅加息的预期。投资者现在认为，下个月英国央行加息50个基点几乎已经确定无疑，这将是英国央行自1997年获得独立性以来幅度最大的一次加息。3、欧洲央行推出新购债计划以缓解高负债国压力当地时间21日，欧洲央行在宣布加息的同时决定推出一项名为“过渡保护机制”的购债计划。欧洲央行行长拉加德在当天的新闻发布会上进一步解释说，推出这一“过渡保护机制”是为了缓解意大利等负债率较高的国家在欧洲央行加息后的还债压力，避免欧洲再次发生债务危机。4、白宫：拜登将先隔离5天 并在新冠病毒检测结果转阴后恢复公共事务活动当地时间7月21日，美国白宫新闻发言人卡琳·让-皮埃尔和白宫新冠疫情协调员阿什·贾在当天的简报会上就拜登确诊新冠肺炎一事发表声明，称拜登患重病的概率非常低，他目前感觉良好，只是有比较轻微的症状，昨晚开始有流鼻涕、偶尔干咳以及疲劳等状况，目前已经开始服用新冠治疗药物。白宫称，拜登将先隔离5天，并在新冠病毒检测结果转阴后恢复公共事务活动。5、意大利总统马塔雷拉决定解散议会当地时间21日下午，意大利总统马塔雷拉与意大利总理德拉吉在总统府共同签署法令，决定解散议会。马塔雷拉发表讲话称，20日的参议院投票说明，政府缺乏议会的支持，也不可能组成新的多数派政府。这种情况下提前解散议会不可避免。6、美国住房抵押贷款利率攀升至5.54% 给购房者承受能力带来更大压力美国抵押贷款利率小幅上升，增加了房地产市场的压力，也令购房者的负担能力面临更大挑战。房地美周四在一份声明中表示，30年期贷款平均利率从上周的5.51%升至5.54%。“就房地产而言，房价大幅上涨加上抵押贷款利率上升已经造成了承受能力的上限，” Realtor.com经济研究经理George Ratiu表示。7、美国首次申领失业救济人数升至八个月高位 显示劳动力市场降温随着越来越多的公司宣布裁员，美国首次申领失业救济人数连续第三周上升，创下去年11月以来最高，显示劳动力市场有所降温。美国劳工部周四公布的数据显示，截至7月16日当周，首次申领失业救济人数增加7，000人至25.1万人。8、负利率先锋丹麦效法欧洲央行上调基准利率 不再是全球最低政策利率负利率维持时间最长的国家丹麦效法欧洲央行，上调基准利率，以捍卫克朗挂钩欧元的汇率制度。根据周四的声明，位于哥本哈根的丹麦央行将活期存款账户利率从-0.6%上调至-0.1%。9、天然气不够，欧盟想自救？近一半成员国反对为防备俄罗斯“断气”，欧盟周三提议从下个月开始，成员国“自愿”减少天然气使用量15%。不过，这项计划遭到了巨大的阻力，近一半成员国反对这项提议。减少天然气使用目前是“自愿的”，但欧盟可以在天然气供应紧张状况下将削减目标变成强制要求。10、穆尔穆获得64%选票 当选新一任印度总统当地时间21日，印度民主联盟推选的候选人穆尔穆获得64%的选票，当选印度第15任总统。21日上午11时，印度总统选举的计票工作正式开始，穆尔穆的选票一路领先，当天傍晚时分，选票尚未开尽时，穆尔穆成为印度新总统的结果已成定局。这样穆尔穆就成为印度第二位女总统，也是第一位出身部落地区的总统。11、世卫再研判猴痘疫情 专家忧医疗不平等或加剧世界卫生组织紧急委员会21日再次开会研判当前猴痘疫情，将评估这一流行病是否构成“国际关注的突发公共卫生事件”、即世卫组织发布的最高级别警告。一些公共卫生专家认为，在非洲暴发的猴痘疫情与发达国家发现的猴痘疫情差异明显，这可能使得全球范围的协调应对复杂化，或将加剧医疗不平等现状。12、费城联储银行的制造业预期指数降至1979年以来最低美国费城地区制造商对商业形势的展望本月下滑至1979年以来的最低水平，未来新订单和资本支出计划指标均恶化。美国费城联邦储备银行周四公布的数据显示，衡量未来六个月商业形势的指标下跌近12点，至-18.6。制造商对现状的评估指标下跌9点至-12.3，逊于接受彭博调查的所有经济学家的预期。13、美国能源部宣布拨款9600万美元用于推进清洁汽车技术当地时间7月21日，美国能源部宣布提供9600万美元用于推进清洁汽车技术以减少碳排放。这笔资金旨在实现所有车辆的脱碳和加速电气化，降低司机和公司的燃料成本。14、俄能源部长：俄能源行业上半年表现良好俄罗斯能源部长舒利吉诺夫21日说，俄能源行业上半年表现良好，能够适应困难的经济状况。他同时强调，俄国内能源市场稳定，能源供应没有问题。舒利吉诺夫说，今年上半年俄石油产量同比增长3.4%，电力产量同比提高1.9%，煤炭产量与去年同期水平大致相同。15、英国最高法院将在10月份就苏格兰公投权作出裁决英国最高法院将在10月份裁决苏格兰领导人是否可以在无伦敦政府批准的情况下进行独立公投。在苏格兰是否有权再次公投以决定是否在统一了300多年后再次分道扬镳的问题上，有独立倾向的苏格兰政府与威斯敏斯特之间的争论旷日持久，而最高法院的裁决将是一个重量级影响事件。16、乌克兰央行大幅下调本币的固定汇率 并预计年内经济将萎缩三分之一当地时间周四（7月21日），乌克兰央行发布消息称，由于6月通胀率达到了21.5%，央行决定将关键政策利率维持在25%的历史较高水平。同时，乌克兰央行还宣布于2022年7月21日上午9时开始将美元对格里夫纳官方固定汇率上调25%，至1美元兑换36.5686格里夫纳的水平。经计算，此举相当于将格里夫纳对美元的汇率贬值了近20%。声明公布后不久，乌克兰央行行长舍普琴科在发布会上表示，乌克兰的经济将在2022年萎缩三分之一，但如果黑海港口恢复畅通，预计经济将在2023到2024年恢复增长。俄乌局势1、乌克兰粮食出口运输协议签署仪式将于7月22日在伊斯坦布尔举行根据土耳其总统府新闻局7月21日晚发布的消息，乌克兰粮食出口运输协议签署仪式将于当地时间22日16时30分，在伊斯坦布尔土耳其总统府道尔玛巴赫切办公区举行。土耳其总统埃尔多安、联合国秘书长古特雷斯以及乌克兰和俄罗斯代表将出席签署仪式。2、俄副外长：俄罗斯正在与联合国商讨限制俄粮食出口问题当地时间7月21日，俄罗斯副外长安德烈·鲁坚科发表声明表示，俄罗斯、土耳其、乌克兰和联合国之间的粮食运输谈判将继续以视频形式进行。俄罗斯正在与联合国商讨限制俄罗斯粮食出口的问题。俄罗斯方面认为，俄罗斯粮食出口应当和乌克兰粮食出口问题并行解决，没有俄罗斯粮食和化肥的供应就很难解决世界性粮食问题，俄罗斯希望在不久的将来就乌克兰粮食问题达成协议。3、欧洲理事会宣布禁止进口俄黄金和珠宝 豁免农产品交易欧洲理事会当地时间21日宣布，对俄罗斯实施名为“维持与调整”的新措施。包括禁止自俄罗斯进口黄金和珠宝，并增加禁止向俄出口可用于军用的物资和技术清单，以及对俄个人和实体的制裁；同时允许向俄出口有关民用航空安全的设备，允许俄向第三方出口农产品和石油，允许第三方向俄购买药品和医疗器械。4、英国政府对俄罗斯煤炭、石油和黄金实施新制裁根据英国政府官网发布的文件，2022年7月21日，英国政府对俄制裁条例进行了修订。该修订禁止从俄罗斯进口石油和石油产品、煤炭和煤炭产品以及黄金，还禁止提供与这些货物有关的技术援助、金融服务、资金以及中介服务。对黄金进口的禁令于7月21日生效，对煤炭进口的禁令将于2022年8月10日生效，对石油进口的禁令将于2022年12月31日生效。公司新闻1、通胀挤压消费者履约能力 AT&T一度创下2002年后最大单日跌幅美国最大的通讯和互联网服务提供商AT&T周四承认，在高通胀的背景下客户支付账单的动作也开始放缓。受此影响，公司预期全年的自由现金流将从160亿美元下降至140亿美元。公司股价日内一度暴跌近11%，也是该巨头2002年以来的最大跌幅，收盘时跌幅略微收窄至7.62%。2、Snap交出上市后最弱财报 盘后暴跌超25%美国社交媒体平台色拉布(Snap)周四盘后披露财报，二季度总共实现营收11.1亿美元，不仅逊于预期，同比13%的增速甚至比新冠疫情初期还要低上一截，也是公司上市以后的最差表现。截至发稿，公司盘后跌25.08%。3、亚马逊作价39亿美元收购One Medical亚马逊周四宣布，将以每股18美元的价格收购医疗服务供应商One Medical，整体交易的估值将达到39亿美元，较周三收盘价溢价77%。One Medical主要向企业雇员和个人提供医疗服务，在美国25个市场拥有180个办公室，为8000家公司提供雇员医疗服务。4、马斯克重要副手、得州工厂负责人遭到内部调查据媒体周四援引消息人士报道，马斯克重要副手、得州工厂负责人Omead Afshar因为涉及下令秘密采购一种特殊玻璃遭到内部调查，后续可能会被要求放假并最终离开公司。据悉已有多名涉及此事的员工被开除，而内部调查团队眼下正在判断这笔采购是否是为了CEO马斯克的个人需求。5、福特汽车发布动力电池增产计划 与宁德时代达成战略合作福特汽车周四宣布了全球范围内一系列动力电池及相关原材料供应及合作的新进展，将通过新增磷酸铁锂电池方案和锁定相关原材料供应，达到60GWh动力电池年产能，确保公司2023年60万辆电动车的年化产能目标。福特汽车表示，明年起，北美市场的Mustang Mach-E将增加磷酸铁锂电池包版本，2024年起北美市场的F-150 Lightning纯电皮卡也将配备磷酸铁锂电池包版本，均由宁德时代提供。福特计划于2026年达到年化产能200万的目标。福特宣布，将直接从美国、澳大利亚、印尼等地，采购动力电池所需上游原材料，已和华友钴业、淡水河谷、必和必拓等企业签署合作谅解备忘录。6、汇丰退出俄罗斯业务 当地子公司出售给Expobank汇丰将俄罗斯子公司出售给当地银行Expobank，成为俄乌冲突后退出该国的最新一家国际银行。汇丰在一份声明中表示，已同意将俄罗斯业务出售给Expobank的交易；交易金额没有披露。这笔交易标志着又一家国际银行从俄罗斯退出。7、未来二十年斥资近2000亿美元 三星电子将在美国得州新建工厂据外媒报道，韩国三星正考虑未来二十年在美国得克萨斯州建立11家芯片工厂，投资总额可能接近2000亿美元，并创造超过1万个就业机会。三星公布这些方案的部分原因是计划在到期前获得得州政府的财政奖励。8、美国银行：正在坚持最初的招聘计划美国银行首席执行官Brian Moynihan表示，尽管经济环境充满挑战、其他公司减少招聘，但该行仍在维持其最初的招聘计划。“我们没有任何计划做重大调整，因为坦率地说，我们的计划是随时调整员工数量，”Moynihan周四接受采访时说。9、摩根士丹利：若苹果转变商业模式 市值可能重回3万亿美元摩根士丹利认为，苹果由纯硬件公司转向订阅制的商业模式将为公司市值重回3万亿美元提供清晰的道路。摩根士丹利分析师Erik Woodring表示，尽管市场仍倾向于将苹果看做硬件公司，但公司的商业模式正在从最大化硬件出货量转变为最大化安装基础以增加服务订阅收入。","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":4371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074989782,"gmtCreate":1658282297546,"gmtModify":1676536134317,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9074989782","repostId":"1188196808","repostType":4,"repost":{"id":"1188196808","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":1658280116,"share":"https://ttm.financial/m/news/1188196808?lang=en_US&edition=fundamental","pubTime":"2022-07-20 09:21","market":"other","language":"zh","title":"Opening | The Hang Seng Tech Index opened 2.07% higher, with most tech stocks rising.","url":"https://stock-news.laohu8.com/highlight/detail?id=1188196808","media":"老虎资讯综合","summary":"7月20日，恒生指数开盘上涨307.36点，涨幅1.49%，报20968.42点；恒生科技指数开盘上涨93.1点，涨幅2.07%，报4599.84点；国企指数开盘上涨108.86点，涨幅1.53%，报","content":"<p><html><head></head><body>On July 20, the Hang Seng Index opened up 307.36 points, or 1.49%, at 20,968.42. The Hang Seng Tech Index opened 93.1 points higher, or 2.07%, at 4599.84. The state-owned enterprises index opened 108.86 points higher, or 1.53%, at 7206.25. The red-chip index opened up 20.1 points, or 0.53%, at 3795.81.</p><p><img src=\"https://static.tigerbbs.com/7dc3ebe3b92a0c2926b74c75d5cbaf38\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>Technology stocks generally rose.<a href=\"https://laohu8.com/S/09626\">Bilibili-SW</a>It rose nearly 6%, while Trip.com Group-S rose over 4%.<a href=\"https://laohu8.com/S/09988\">Alibaba-SW</a>、<a href=\"https://laohu8.com/S/03888\">Kingsoft Software</a>Up nearly 4%,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>、<a href=\"https://laohu8.com/S/09618\">JD.com - SW</a>、<a href=\"https://laohu8.com/S/09888\">Baidu Group - SW</a>It rose nearly 3%.</p><p><a href=\"https://laohu8.com/S/00020\">SenseTime-W</a>The company rose 3.8% after spending approximately HK$14.07 million to repurchase 6.7 million shares on July 19, marking its first share repurchase since its listing.</p><p><a href=\"https://laohu8.com/S/00165\">China Everbright Holdings</a>The stock fell nearly 7% after issuing a profit warning, expecting a net loss of approximately HK$2.6 billion to HK$2.8 billion in the first half of the year, compared to a profit of approximately HK$1.81 billion in the same period last year.</p><p><a href=\"https://laohu8.com/S/01316\">Nexteer</a>The company fell 4.75% after issuing a profit warning, expecting a net loss attributable to equity holders of approximately US$11 million in the first half of the year, compared to a net profit attributable to equity holders of US$83 million in the same period of 2021.</p><p></body></html></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 | The Hang Seng Tech Index opened 2.07% higher, with most tech stocks 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; 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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 | The Hang Seng Tech Index opened 2.07% higher, with most tech stocks 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\">2022-07-20 09:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On July 20, the Hang Seng Index opened up 307.36 points, or 1.49%, at 20,968.42. The Hang Seng Tech Index opened 93.1 points higher, or 2.07%, at 4599.84. The state-owned enterprises index opened 108.86 points higher, or 1.53%, at 7206.25. The red-chip index opened up 20.1 points, or 0.53%, at 3795.81.</p><p><img src=\"https://static.tigerbbs.com/7dc3ebe3b92a0c2926b74c75d5cbaf38\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>Technology stocks generally rose.<a href=\"https://laohu8.com/S/09626\">Bilibili-SW</a>It rose nearly 6%, while Trip.com Group-S rose over 4%.<a href=\"https://laohu8.com/S/09988\">Alibaba-SW</a>、<a href=\"https://laohu8.com/S/03888\">Kingsoft Software</a>Up nearly 4%,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>、<a href=\"https://laohu8.com/S/09618\">JD.com - SW</a>、<a href=\"https://laohu8.com/S/09888\">Baidu Group - SW</a>It rose nearly 3%.</p><p><a href=\"https://laohu8.com/S/00020\">SenseTime-W</a>The company rose 3.8% after spending approximately HK$14.07 million to repurchase 6.7 million shares on July 19, marking its first share repurchase since its listing.</p><p><a href=\"https://laohu8.com/S/00165\">China Everbright Holdings</a>The stock fell nearly 7% after issuing a profit warning, expecting a net loss of approximately HK$2.6 billion to HK$2.8 billion in the first half of the year, compared to a profit of approximately HK$1.81 billion in the same period last year.</p><p><a href=\"https://laohu8.com/S/01316\">Nexteer</a>The company fell 4.75% after issuing a profit warning, expecting a net loss attributable to equity holders of approximately US$11 million in the first half of the year, compared to a net profit attributable to equity holders of US$83 million in the same period of 2021.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c1cb237e736a4e03c939622e7b71e8e7","relate_stocks":{"BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数","HSI":"恒生指数","BILI":"哔哩哔哩","JD":"京东","09961":"携程集团-S","00700":"腾讯控股","09626":"哔哩哔哩-W","HSCCI":"红筹指数","HSTECH":"恒生科技指数","03086":"华夏纳指","03888":"金山软件","HSCEI":"国企指数","TTTN":"老虎中美互联网巨头ETF","KC":"金山云","09888":"百度集团-W","TCOM":"携程网","BABA":"阿里巴巴"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188196808","content_text":"7月20日，恒生指数开盘上涨307.36点，涨幅1.49%，报20968.42点；恒生科技指数开盘上涨93.1点，涨幅2.07%，报4599.84点；国企指数开盘上涨108.86点，涨幅1.53%，报7206.25点；红筹指数开盘上涨20.1点，涨幅0.53%，报3795.81点。科技股普涨，哔哩哔哩-SW涨近6%，携程集团-S涨超4%，阿里巴巴-SW、金山软件涨近4%，腾讯控股、京东集团-SW、百度集团-SW涨近3%。商汤-W涨3.8%，公司于7月19日耗资约1407万港元回购670万股，为上市后首次回购股份。中国光大控股跌近7%，此前发布盈警，预期上半年录得净亏损约26.0亿港元至28.0亿港元，去年同期则录得约18.1亿港元盈利。耐世特跌4.75%，此前发布盈警，预期上半年录得权益持有人应占净亏损约1100万美元，而2021年同期则录得权益持有人应占净利润8300万美元。","news_type":1,"symbols_score_info":{"00700":0.9,"09961":0.9,"MHImain":0.9,"HSImain":0.9,"09888":0.9,"HHImain":0.9,"TCOM":0.9,"HSCEI":0.9,"QNETCN":0.9,"BIDU":0.9,"TTTN":0.9,"HSI":0.9,"03888":0.9,"MCHmain":0.9,"KC":0.9,"BILI":0.9,"CTRP":0.9,"HSTECH":0.9,"09626":0.9,"HSCCI":0.9,"03086":0.9,"JD":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":4451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074980723,"gmtCreate":1658282207862,"gmtModify":1676536134286,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9074980723","repostId":"1192505904","repostType":4,"repost":{"id":"1192505904","kind":"news","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1658271287,"share":"https://ttm.financial/m/news/1192505904?lang=en_US&edition=fundamental","pubTime":"2022-07-20 06:54","market":"us","language":"zh","title":"Netflix shares rose over 7% in after-hours trading, with Q2 subscriber decline far lower than expected.","url":"https://stock-news.laohu8.com/highlight/detail?id=1192505904","media":"华尔街见闻","summary":"美东时间7月19日周二美股盘后，全球流媒体巨头奈飞公布其截至2022年6月30日二季度财报，曾经在上个季度警告投资者预计流失200万付费用户的奈飞在本季度实际付费用户数减少97万，奈飞美股盘后涨超7%","content":"<p><html><head></head><body>After the US stock market closed on Tuesday, July 19th, Eastern Time, global streaming giants...<a href=\"https://laohu8.com/S/NFLX\">Netflix</a>Netflix, which had warned investors in the previous quarter that it expected to lose 2 million paying subscribers, released its financial report for the second quarter ended June 30, 2022. The number of actual paying subscribers decreased by 970,000 this quarter, and Netflix's US stock rose more than 7% in after-hours trading.</p><p><img src=\"https://static.tigerbbs.com/247322e9846de9c74aaf2bf0cfe1476d\" tg-width=\"889\" tg-height=\"821\" width=\"100%\" height=\"auto\"/></p><p>Specifically, its core financial indicators:</p><p><ul><li>Second-quarter EPS was $3.20, exceeding analysts' expectations of $2.91.</li><li>Second-quarter revenue was $7.97 billion, lower than analysts' expectations of $8.04 billion, representing a 9% year-over-year increase (13% increase excluding the impact of $339 million in foreign exchange).</li><li>The number of streaming subscribers decreased by 970,000 in the second quarter, far below analysts' expectations of a decrease of 2 million. The cumulative number of subscribers has now reached 220.67 million.</li></ul><img src=\"https://static.tigerbbs.com/da31cae3f82d35a4d4998cf10eca894c\" tg-width=\"824\" tg-height=\"388\" referrerpolicy=\"no-referrer\"/></p><p>In addition, Netflix also provided less than optimistic third-quarter earnings guidance:</p><p><ul><li>The number of streaming subscribers is expected to increase by 1 million in the third quarter, lower than analysts' expectations of 1.8 million.</li><li>Third-quarter revenue is expected to be $7.84 billion, compared to a forecast of $8.1 billion.</li><li>Earnings per share for the third quarter are expected to be $2.14, compared to the forecast of $2.72.</li></ul>In addition, Netflix stated that its membership growth in the second quarter was better than expected, but the strengthening of the US dollar due to Federal Reserve rate hike impacted Netflix's international revenue, which accounts for 60% of its total revenue.</p><p>Our challenge and opportunity is to accelerate our revenue and membership growth by continuing to improve our products, content, and marketing, just as we have done for the past 25 years, and to better monetize our broad audience. Considering our revenue of over $30 billion, operating profit of $6 billion last year, growing free cash flow, and our outlook for the future, we are in a favorable position.<b>with<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>Collaborate to drive ad-supported subscription models</b></p><p>This month, a Wall Street News article mentioned that Netflix announced it would launch an ad-supported subscription model, but rejected the ad giant when seeking partners.<a href=\"https://laohu8.com/S/GOOG\">Google</a>They unexpectedly chose the inexperienced Microsoft. Analysts said \"Netflix may be looking for an opportunity to exit,\" suggesting that Netflix may be making long-term preparations for a future acquisition by Microsoft.</p><p>Netflix stated that its goal is to release its low-cost, ad-supported subscription model in early 2023, and it is currently in the early stages of its paid sharing program.</p><p>We may start in a few markets where advertising spending is huge. Like most of our new initiatives, our goal is to launch it, listen and learn, and iterate rapidly to improve the product. Therefore, our advertising business may be very different from what it was on day one in a few years. In addition, Netflix stated that it is studying two different approaches in test cases in Latin America, which can provide a reference for broader promotion in 2023.</p><p><b>With fierce competition in streaming media and sluggish growth in the post-pandemic era?</b></p><p>In addition to fierce competition with other streaming providers, Netflix also faces the \"struggle\" of people's travel needs in the \"post-pandemic era,\" making it increasingly difficult to attract users' sticky attention.</p><p>Following Netflix's two consecutive quarterly financial failures and the first loss of 200,000 global subscribers in more than a decade in the first quarter, analysts previously believed that Netflix's operating data clearly showed that it was still facing difficulties in normalizing growth after the pandemic, as well as increasingly fierce industry competition. The media also commented on the problems with its corporate culture of \"no disruption, no innovation\".</p><p>While Netflix remains dominant, competition in the streaming space has always been fierce and is likely to remain so. For example, Netflix's competitor, HBO Max, will partner with Discovery+ to increase its content library for $14.99 per month without ads. At the same time,<a href=\"https://laohu8.com/S/DIS\">Disney</a>Keep its Disney+, Hulu, and ESPN+ bundled subscription service at $13.99 per month. In the shadow of Netflix's historic subscriber loss last quarter, HBO and the cable channel's HBO Max streaming service added 3 million new subscribers.</p><p>Netflix said its television viewership share grew to a record high of 7.7% in June, reaching 1.3 billion minutes of viewership, almost equal to the combined share of the two media giants, CBS and NBC, which ranked second and third.</p><p><img src=\"https://static.tigerbbs.com/c9c4e220bb00d95f7f4eb48d0c4a9b5a\" tg-width=\"624\" tg-height=\"399\" referrerpolicy=\"no-referrer\"/></p><p>However, Netflix stated that it will have \"more time to understand these issues and how best to address them\" in the future. Netflix will always focus on content, and the company sees the fourth season of Stranger Things as a major victory for its brand because it not only set a viewership record for the company—generating 1.3 billion hours of viewing in the first four weeks—but also received multiple Emmy nominations in 2022. In addition, Obi-Wan Kenobi and Top Gun Maverick are also its content focuses.</p><p><img src=\"https://static.tigerbbs.com/8d4c6f17d671703a5fdb9c47fba799e7\" tg-width=\"633\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/></p><p><b>The primary task is to refocus on core businesses and new growth points.</b></p><p>Netflix stated that its current priority is to reinvest in its core business and focus on new growth opportunities, such as gaming, followed by selective acquisitions.</p><p>Our goal is to maintain a minimum of cash, roughly equivalent to two months' worth of revenue (e.g., approximately $5.3 billion based on second-quarter revenue). Once these needs are met, our goal is to return excess cash to shareholders through share buybacks. Looking at its free cash flow, Netflix's free cash flow reached $13 million in the second quarter, a significant decrease compared to $175 million in the same period last year. The main reasons were its acquisition of Next Games ($69 million) and the impact of exchange rates on cash.</p><p><img src=\"https://static.tigerbbs.com/1e11bb49b194117284463a60b292c3ae\" tg-width=\"939\" tg-height=\"579\" referrerpolicy=\"no-referrer\"/></p><p>Netflix stated that \"due to increased revenue, solid profitability, and the successful evolution of our content model over the years,\" it will continue to transform its services from licensed content to its own original content. According to its balance sheet, 60% of its net content assets are Netflix original content. As a result, its cash content spending to content amortization expense ratio peaked at 1.6 times, and is expected to reach approximately 1.2-1.3 times for the whole of 2022, with a gradual decline in the future.</p><p><img src=\"https://static.tigerbbs.com/87319f3f07c27638f422dc28fdd723e5\" tg-width=\"733\" tg-height=\"408\" referrerpolicy=\"no-referrer\"/></p><p>Last quarter, Netflix mentioned in its shareholder letter that \"people like watching TV and playing games,\" while Wall Street cited \"venturing into video games\" as Netflix's next potential growth engine. Last November, Netflix officially announced its entry into the gaming market, launching five mobile games on its platform, two of which combined games with the popular TV show IP \"Stranger Things\".</p><p>It is worth noting that Netflix has laid off employees more than once during this quarter's reporting period. Previously, it stated that the layoffs were mainly in response to slowing revenue growth and rising costs. Following the layoffs of 150 employees in May, another major layoff of 300 people was announced in June, accounting for about 3% of the total workforce.</p><p></body></html></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>Netflix shares rose over 7% in after-hours trading, with Q2 subscriber decline far lower than expected.</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\">\nNetflix shares rose over 7% in after-hours trading, with Q2 subscriber decline far lower than expected.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2022-07-20 06:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>After the US stock market closed on Tuesday, July 19th, Eastern Time, global streaming giants...<a href=\"https://laohu8.com/S/NFLX\">Netflix</a>Netflix, which had warned investors in the previous quarter that it expected to lose 2 million paying subscribers, released its financial report for the second quarter ended June 30, 2022. The number of actual paying subscribers decreased by 970,000 this quarter, and Netflix's US stock rose more than 7% in after-hours trading.</p><p><img src=\"https://static.tigerbbs.com/247322e9846de9c74aaf2bf0cfe1476d\" tg-width=\"889\" tg-height=\"821\" width=\"100%\" height=\"auto\"/></p><p>Specifically, its core financial indicators:</p><p><ul><li>Second-quarter EPS was $3.20, exceeding analysts' expectations of $2.91.</li><li>Second-quarter revenue was $7.97 billion, lower than analysts' expectations of $8.04 billion, representing a 9% year-over-year increase (13% increase excluding the impact of $339 million in foreign exchange).</li><li>The number of streaming subscribers decreased by 970,000 in the second quarter, far below analysts' expectations of a decrease of 2 million. The cumulative number of subscribers has now reached 220.67 million.</li></ul><img src=\"https://static.tigerbbs.com/da31cae3f82d35a4d4998cf10eca894c\" tg-width=\"824\" tg-height=\"388\" referrerpolicy=\"no-referrer\"/></p><p>In addition, Netflix also provided less than optimistic third-quarter earnings guidance:</p><p><ul><li>The number of streaming subscribers is expected to increase by 1 million in the third quarter, lower than analysts' expectations of 1.8 million.</li><li>Third-quarter revenue is expected to be $7.84 billion, compared to a forecast of $8.1 billion.</li><li>Earnings per share for the third quarter are expected to be $2.14, compared to the forecast of $2.72.</li></ul>In addition, Netflix stated that its membership growth in the second quarter was better than expected, but the strengthening of the US dollar due to Federal Reserve rate hike impacted Netflix's international revenue, which accounts for 60% of its total revenue.</p><p>Our challenge and opportunity is to accelerate our revenue and membership growth by continuing to improve our products, content, and marketing, just as we have done for the past 25 years, and to better monetize our broad audience. Considering our revenue of over $30 billion, operating profit of $6 billion last year, growing free cash flow, and our outlook for the future, we are in a favorable position.<b>with<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>Collaborate to drive ad-supported subscription models</b></p><p>This month, a Wall Street News article mentioned that Netflix announced it would launch an ad-supported subscription model, but rejected the ad giant when seeking partners.<a href=\"https://laohu8.com/S/GOOG\">Google</a>They unexpectedly chose the inexperienced Microsoft. Analysts said \"Netflix may be looking for an opportunity to exit,\" suggesting that Netflix may be making long-term preparations for a future acquisition by Microsoft.</p><p>Netflix stated that its goal is to release its low-cost, ad-supported subscription model in early 2023, and it is currently in the early stages of its paid sharing program.</p><p>We may start in a few markets where advertising spending is huge. Like most of our new initiatives, our goal is to launch it, listen and learn, and iterate rapidly to improve the product. Therefore, our advertising business may be very different from what it was on day one in a few years. In addition, Netflix stated that it is studying two different approaches in test cases in Latin America, which can provide a reference for broader promotion in 2023.</p><p><b>With fierce competition in streaming media and sluggish growth in the post-pandemic era?</b></p><p>In addition to fierce competition with other streaming providers, Netflix also faces the \"struggle\" of people's travel needs in the \"post-pandemic era,\" making it increasingly difficult to attract users' sticky attention.</p><p>Following Netflix's two consecutive quarterly financial failures and the first loss of 200,000 global subscribers in more than a decade in the first quarter, analysts previously believed that Netflix's operating data clearly showed that it was still facing difficulties in normalizing growth after the pandemic, as well as increasingly fierce industry competition. The media also commented on the problems with its corporate culture of \"no disruption, no innovation\".</p><p>While Netflix remains dominant, competition in the streaming space has always been fierce and is likely to remain so. For example, Netflix's competitor, HBO Max, will partner with Discovery+ to increase its content library for $14.99 per month without ads. At the same time,<a href=\"https://laohu8.com/S/DIS\">Disney</a>Keep its Disney+, Hulu, and ESPN+ bundled subscription service at $13.99 per month. In the shadow of Netflix's historic subscriber loss last quarter, HBO and the cable channel's HBO Max streaming service added 3 million new subscribers.</p><p>Netflix said its television viewership share grew to a record high of 7.7% in June, reaching 1.3 billion minutes of viewership, almost equal to the combined share of the two media giants, CBS and NBC, which ranked second and third.</p><p><img src=\"https://static.tigerbbs.com/c9c4e220bb00d95f7f4eb48d0c4a9b5a\" tg-width=\"624\" tg-height=\"399\" referrerpolicy=\"no-referrer\"/></p><p>However, Netflix stated that it will have \"more time to understand these issues and how best to address them\" in the future. Netflix will always focus on content, and the company sees the fourth season of Stranger Things as a major victory for its brand because it not only set a viewership record for the company—generating 1.3 billion hours of viewing in the first four weeks—but also received multiple Emmy nominations in 2022. In addition, Obi-Wan Kenobi and Top Gun Maverick are also its content focuses.</p><p><img src=\"https://static.tigerbbs.com/8d4c6f17d671703a5fdb9c47fba799e7\" tg-width=\"633\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/></p><p><b>The primary task is to refocus on core businesses and new growth points.</b></p><p>Netflix stated that its current priority is to reinvest in its core business and focus on new growth opportunities, such as gaming, followed by selective acquisitions.</p><p>Our goal is to maintain a minimum of cash, roughly equivalent to two months' worth of revenue (e.g., approximately $5.3 billion based on second-quarter revenue). Once these needs are met, our goal is to return excess cash to shareholders through share buybacks. Looking at its free cash flow, Netflix's free cash flow reached $13 million in the second quarter, a significant decrease compared to $175 million in the same period last year. The main reasons were its acquisition of Next Games ($69 million) and the impact of exchange rates on cash.</p><p><img src=\"https://static.tigerbbs.com/1e11bb49b194117284463a60b292c3ae\" tg-width=\"939\" tg-height=\"579\" referrerpolicy=\"no-referrer\"/></p><p>Netflix stated that \"due to increased revenue, solid profitability, and the successful evolution of our content model over the years,\" it will continue to transform its services from licensed content to its own original content. According to its balance sheet, 60% of its net content assets are Netflix original content. As a result, its cash content spending to content amortization expense ratio peaked at 1.6 times, and is expected to reach approximately 1.2-1.3 times for the whole of 2022, with a gradual decline in the future.</p><p><img src=\"https://static.tigerbbs.com/87319f3f07c27638f422dc28fdd723e5\" tg-width=\"733\" tg-height=\"408\" referrerpolicy=\"no-referrer\"/></p><p>Last quarter, Netflix mentioned in its shareholder letter that \"people like watching TV and playing games,\" while Wall Street cited \"venturing into video games\" as Netflix's next potential growth engine. Last November, Netflix officially announced its entry into the gaming market, launching five mobile games on its platform, two of which combined games with the popular TV show IP \"Stranger Things\".</p><p>It is worth noting that Netflix has laid off employees more than once during this quarter's reporting period. Previously, it stated that the layoffs were mainly in response to slowing revenue growth and rising costs. Following the layoffs of 150 employees in May, another major layoff of 300 people was announced in June, accounting for about 3% of the total workforce.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e2224e6b43e75f835dbd8bb6d8c4972c","relate_stocks":{"NFLX":"奈飞","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","BK4524":"宅经济概念","BK4527":"明星科技股","QNETCN":"纳斯达克中美互联网老虎指数","BK4551":"寇图资本持仓","BK4566":"资本集团","FNGU":"三倍做多FANG+指数ETN-MicroSectors","BK4108":"电影和娱乐","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4548":"巴美列捷福持仓"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192505904","content_text":"美东时间7月19日周二美股盘后，全球流媒体巨头奈飞公布其截至2022年6月30日二季度财报，曾经在上个季度警告投资者预计流失200万付费用户的奈飞在本季度实际付费用户数减少97万，奈飞美股盘后涨超7%。具体来看其核心财务指标：第二季度EPS为3.20美元，高于分析师预期2.91美元。第二季度收入79.7亿美元，低于分析师预期80.4亿美元，同比增长9%（剔除3.39亿美元的外汇影响则增长13%）。第二季度流媒体订阅用户数减少97万，远远低于分析师预期减少200万，目前累计用户达2.2067亿。此外，奈飞还给到了并不乐观的第三季度业绩指引：预计三季度流媒体订阅用户数将净增100万，低于分析师预期增加180万。预计三季度收入为78.4亿美元，预期为81亿美元。预计三季度每股收益2.14美元，预期2.72美元。另外，奈飞表示二季度的会员增长好于预期，但由于美联储加息推动美元走强，使得在汇率影响下对奈飞的国际收入产生了影响，而其国际收入占其收入总额的60%。我们的挑战和机遇是通过继续改善我们的产品、内容和营销来加速我们的收入和会员增长，就像我们在过去25年里所做的那样，并更好地使我们的广大观众盈利。考虑到我们300多亿美元的收入，去年60亿美元的营业利润，不断增长的自由现金流，以及我们对未来的展望，我们处于一个有利的位置。与微软合作，推动含有广告的订阅模式本月，华尔街见闻文章提及，奈飞宣布将推出含有广告的订阅模式，但在寻找合作伙伴时拒绝了广告巨头谷歌，意外选择了经验不足的微软。分析师表示“奈飞可能正在寻找退出的机会，”并暗示奈飞或许正在为未来被微软收购做长期准备。奈飞表示，其目标是在2023年初发布其成本较低、有广告支持的订阅模式，目前其还处于付费分享计划的早期阶段：我们可能会在少数几个广告支出巨大的市场开始。像我们的大多数新举措一样，我们的目的是推出它，并倾听和学习，并迅速迭代以改进产品。因此，我们的广告业务在几年后可能会与第一天的情况大不相同。此外，奈飞还表示其正在拉丁美洲的测试案例中研究了两种不同的方法，可以为2023年更广泛的推广提供参考。流媒体竞争激烈，后疫情时代增长乏力？奈飞除了与其他流媒体供应商激烈竞争，也面临与“后疫情时代”人们的外出需求“作斗争”，吸引用户的黏性关注越来越困难。继奈飞连续两个季度财报翻车、全球订阅用户数一季度十多年来首次流失了20万后，分析师此前认为从奈飞的经营数据中，很明显能看到奈飞仍面临着疫情后增长正常化的困难，以及越来越激烈的行业竞争；媒体也评论其“不颠覆，无创新”的企业文化出现问题。虽然Netflix仍然保持着主导地位，但流媒体领域的竞争始终非常激烈，而且很可能继续如此，以Netflix竞争对手为例，HBO Max将与Discovery+合作，以每月14.99美元的价格增加其内容库，而且没有广告。同时，迪士尼将其Disney+、Hulu和ESPN+捆绑订阅服务维持在每月13.99美元。就在Netflix上季度用户历史性流失的阴影下，HBO和该有线电视台的HBO Max流媒体服务增加了300万新用户。奈飞表示其电视收视份额在6月份增长到了7.7%的历史新高，并达到13亿分钟的收视率，几乎与排名第二第三的两大媒体巨头CBS和NBC的总和等量。不过，奈飞表示其未来将有“更多时间来了解这些问题，以及如何最好地解决这些问题”，奈飞将始终把重点放在内容上，该公司将《Stranger Things》第四季视为其品牌的一次重大胜利因为其不仅创下了该公司的收视率记录——前四周产生了13亿小时的观看量，还获得了2022年艾美奖的多项提名。此外，《Obi-Wan Kenobi》和《Top Gun Maverick》也是其内容重点。首要任务，重新发力核心业务及新增长点奈飞表示，其当前的首要任务是重新投资于核心业务，并投入于其新的增长机会，如游戏，然后是选择性的收购。我们的目标是保持最低限度的现金，大约相当于两个月的收入（例如，基于第二季度的收入，约53亿美元）。在满足这些需求后，我们的目的是通过股票回购将多余的现金返还给股票持有人。从其自由现金流的情况来看，奈飞在第二季度的自由现金流达到1300万美元，相比去年同期1.75亿美元有了不少降幅，核心原因是其收购了Next Games（6900万美元）以及汇率对现金的影响。奈飞表示，\"由于收入增加，盈利能力稳固，以及我们的内容模式多年来的成功演变\"，其将继续把服务从授权内容转变为自身的原创内容。从其资产负债表来看，60%的净内容资产是Netflix原创内容。因此，其现金内容支出与内容摊销费用比率达到了1.6倍的峰值，预计在2022年全年达到约为1.2-1.3倍，并在未来逐步下降。上个季度，奈飞在股东信中提及“人们喜欢看电视和玩游戏”，华尔街则将“进军视频游戏”作为奈飞下一个潜在的增长引擎。去年11月，奈飞正式宣布进军游戏市场，在其游戏平台上线了五款手游，而且有两款是将游戏与热门节目IP《怪奇物语》相结合。值得注意的是，在本季度报告期内，奈飞已不止一次裁员，此前其表示裁员主要是为了应对营收增速放缓而成本不断增长的情况。继5月解雇了150名员工后，6月再一次宣布大幅裁员300人，约占员工总数的3%。","news_type":1,"symbols_score_info":{"QNETCN":1,"NFLX":1,"FNGU":1}},"isVote":1,"tweetType":1,"viewCount":5489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075687556,"gmtCreate":1658192299876,"gmtModify":1676536119796,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9075687556","repostId":"1152148695","repostType":4,"repost":{"id":"1152148695","kind":"news","weMediaInfo":{"introduction":"提供来自华尔街的观点，观察市场，提供独道的解读视角。","home_visible":1,"media_name":"老虎锐评","id":"1005414032","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1658151635,"share":"https://ttm.financial/m/news/1152148695?lang=en_US&edition=fundamental","pubTime":"2022-07-18 21:40","market":"us","language":"zh","title":"Tiger Commentary: This stock, which plummeted 94%, reminds us to beware of a type of trap.","url":"https://stock-news.laohu8.com/highlight/detail?id=1152148695","media":"老虎锐评","summary":"这里的分析只是希望得到更加有意义的投资教训。","content":"<p><html><head></head><body>As of May this year, pullback/retracement, the flagship fund of Tiger Global (TG) Fund, held 52% of the shares. Leaving aside the losses from TG's primary market investments, the biggest loss among secondary market investments was in the used car dealership Carvana. Over the past 11 months, the stock has fallen by more than 94% from its high pullback/retracement, its share price from $350 pullback/retracement to $21.25, and its market capitalization from $62 billion to $3.8 billion. Given the gradual cooling of US consumption and the rate hike environment, Carvana may be the worst-performing stock.</p><p><img src=\"https://static.tigerbbs.com/4cdd3976501bcae8d41830abd3d9d0d0\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>The chart below shows TG's position in Carvana. As the stock price pullback/retracement increases, the losses are also increasing. If TG does not reduce its holdings in the second quarter of this year, the loss from this investment will be close to $1 billion.</p><p><img src=\"https://static.tigerbbs.com/87be238d2b80d7898e6a1f10c81cc6f8\" tg-width=\"532\" tg-height=\"134\" referrerpolicy=\"no-referrer\"/></p><p>This company's business model is that of an online used car dealer in the United States, which is a highlight given that car sales in the United States mainly rely on 4S stores. This company not only sells used cars, but also packages buyers' loans and sells them to bond investors. In 2021, revenue from loan sales accounted for one-third of the company's gross profit. Over the past two years, the overall price of used cars in the United States has been rising steadily, the Federal Reserve's interest rates are too low (the interest income from selling vehicle loans is objective), and Carvana's business model has a two-pronged approach. This is likely why TG is optimistic about the company's business model. Although the company has been losing money, its stock price has been touted.</p><p>Of course, a shift in the macroeconomic environment, weaker US consumption, and rising interest rates have made the company's business prospects uncertain. Of course, very few people can accurately grasp the macroeconomic shift; the analysis here is simply intended to provide more meaningful investment lessons.</p><p>If we analyze Carvana's car sales and number of employees, we will find that the company does not resemble an online company. The three charts below show the company's car sales, number of employees, and average number of cars sold per person over the past few years. As the number of cars sold doubled, the number of employees also doubled, so the average number of cars sold per person actually began to decline. From this perspective, this company may be more efficient than 4S stores, but the economies of scale \"online\" are not apparent.</p><p><img src=\"https://static.tigerbbs.com/4131cae6aaf98015cf157417a13d46a7\" tg-width=\"805\" tg-height=\"198\" referrerpolicy=\"no-referrer\"/></p><p><table><tbody><tr></tr></tbody></table>Of course, this is not the most important issue. It is common for efficiency to decline after a large scale. The more important issue is the company's business model. Generally speaking, if a company provides both products and funding, then this business model is something to be wary of. Another risk for Carvana is that its loan products may not have buyers, so the loan will have to remain in its own hands, which is also the reason for the recent continued decline in its stock price.</p><p>Besides this hidden danger on the balance sheet, another hidden danger is that the company is manipulating the macro economy through inventory levels. At the end of 2021, the company stockpiled more than 70,000 vehicles, double the number at the end of 2020. If we take the number of cars sold as the base, then the company is indeed very aggressive in stockpiling sales for two months in 2021 and 1.5 months in 2020, and is still gambling that the used car market will definitely continue to be hot. Used car prices are currently in pullback/retracement, and the chart below shows the US Used Car Price Index.</p><p><img src=\"https://static.tigerbbs.com/1dea50ade1c6bcc9a867339d70811a8e\" tg-width=\"508\" tg-height=\"218\" referrerpolicy=\"no-referrer\"/></p><p>The current macroeconomic situation is not the same as when Carvana is sentenced to death. The company still has time to deal with its loans, reduce inventory, and reduce the number of employees (the company has already announced 2,100 layoffs, accounting for 12% of its total employees). However, judging from the stories of growth stocks, the future is not very clear. Therefore, investors must be wary of business models that involve mutual exchange between left and right hands, as they are too influenced by the macro economy. Even if iPhone sales are good, Apple will not lend money to consumers to buy Apple products, but will rely on third-party banks (Citizens Bank) to bear the risks. This is prudence.</p><p></body></html></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>Tiger Commentary: This stock, which plummeted 94%, reminds us to beware of a type of trap.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTiger Commentary: This stock, which plummeted 94%, reminds us to beware of a type of trap.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1005414032\">\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\">老虎锐评 </p>\n<p class=\"h-time smaller\">2022-07-18 21:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>As of May this year, pullback/retracement, the flagship fund of Tiger Global (TG) Fund, held 52% of the shares. Leaving aside the losses from TG's primary market investments, the biggest loss among secondary market investments was in the used car dealership Carvana. Over the past 11 months, the stock has fallen by more than 94% from its high pullback/retracement, its share price from $350 pullback/retracement to $21.25, and its market capitalization from $62 billion to $3.8 billion. Given the gradual cooling of US consumption and the rate hike environment, Carvana may be the worst-performing stock.</p><p><img src=\"https://static.tigerbbs.com/4cdd3976501bcae8d41830abd3d9d0d0\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>The chart below shows TG's position in Carvana. As the stock price pullback/retracement increases, the losses are also increasing. If TG does not reduce its holdings in the second quarter of this year, the loss from this investment will be close to $1 billion.</p><p><img src=\"https://static.tigerbbs.com/87be238d2b80d7898e6a1f10c81cc6f8\" tg-width=\"532\" tg-height=\"134\" referrerpolicy=\"no-referrer\"/></p><p>This company's business model is that of an online used car dealer in the United States, which is a highlight given that car sales in the United States mainly rely on 4S stores. This company not only sells used cars, but also packages buyers' loans and sells them to bond investors. In 2021, revenue from loan sales accounted for one-third of the company's gross profit. Over the past two years, the overall price of used cars in the United States has been rising steadily, the Federal Reserve's interest rates are too low (the interest income from selling vehicle loans is objective), and Carvana's business model has a two-pronged approach. This is likely why TG is optimistic about the company's business model. Although the company has been losing money, its stock price has been touted.</p><p>Of course, a shift in the macroeconomic environment, weaker US consumption, and rising interest rates have made the company's business prospects uncertain. Of course, very few people can accurately grasp the macroeconomic shift; the analysis here is simply intended to provide more meaningful investment lessons.</p><p>If we analyze Carvana's car sales and number of employees, we will find that the company does not resemble an online company. The three charts below show the company's car sales, number of employees, and average number of cars sold per person over the past few years. As the number of cars sold doubled, the number of employees also doubled, so the average number of cars sold per person actually began to decline. From this perspective, this company may be more efficient than 4S stores, but the economies of scale \"online\" are not apparent.</p><p><img src=\"https://static.tigerbbs.com/4131cae6aaf98015cf157417a13d46a7\" tg-width=\"805\" tg-height=\"198\" referrerpolicy=\"no-referrer\"/></p><p><table><tbody><tr></tr></tbody></table>Of course, this is not the most important issue. It is common for efficiency to decline after a large scale. The more important issue is the company's business model. Generally speaking, if a company provides both products and funding, then this business model is something to be wary of. Another risk for Carvana is that its loan products may not have buyers, so the loan will have to remain in its own hands, which is also the reason for the recent continued decline in its stock price.</p><p>Besides this hidden danger on the balance sheet, another hidden danger is that the company is manipulating the macro economy through inventory levels. At the end of 2021, the company stockpiled more than 70,000 vehicles, double the number at the end of 2020. If we take the number of cars sold as the base, then the company is indeed very aggressive in stockpiling sales for two months in 2021 and 1.5 months in 2020, and is still gambling that the used car market will definitely continue to be hot. Used car prices are currently in pullback/retracement, and the chart below shows the US Used Car Price Index.</p><p><img src=\"https://static.tigerbbs.com/1dea50ade1c6bcc9a867339d70811a8e\" tg-width=\"508\" tg-height=\"218\" referrerpolicy=\"no-referrer\"/></p><p>The current macroeconomic situation is not the same as when Carvana is sentenced to death. The company still has time to deal with its loans, reduce inventory, and reduce the number of employees (the company has already announced 2,100 layoffs, accounting for 12% of its total employees). However, judging from the stories of growth stocks, the future is not very clear. Therefore, investors must be wary of business models that involve mutual exchange between left and right hands, as they are too influenced by the macro economy. Even if iPhone sales are good, Apple will not lend money to consumers to buy Apple products, but will rely on third-party banks (Citizens Bank) to bear the risks. This is prudence.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9e51dca4aea5a4f4975d48e2264c0446","relate_stocks":{"CVNA":"Carvana Co."},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152148695","content_text":"截止到今年5月，Tiger Global（TG）基金旗下的旗舰基金回撤52%。抛开TG的一级市场投资亏损不算，在二级市场的投资中，损失最大的投资是在二手车商Carvana。这只股票在过去11个月的时间，从高点回撤超过94%，股价从$350回撤到$21.25，公司市值从$620亿跌到$38亿。在美国消费逐渐冷却以及加息大环境下，Carvana可能是股价表现最差的股票。下图是TG在Carvana上的仓位，随着股价回撤仓位也在增加，所以亏损也越来越大。如果TG在今年2季度依旧没有减持，那么这一笔投资的损失接近$10亿。这家公司的商业模式是美国的线上二手车商，这在美国卖车主要靠4S店的大背景下，属于一个亮点。这家公司不仅销售二手车，还把买家的贷款打包卖给债券投资人。在2021年公司的毛利中，卖贷款的收入占毛利的1/3。在过去两年，美国整体二手车价格节节攀升，美联储利率过低（卖车辆贷款得利息收入客观），Carvana的商业模式两头通吃，相信这也是TG看好这家公司商业模式的原因。虽然这家公司一直亏钱，但是股价却一直受吹捧。当然宏观环境转向，美国消费变弱利率上行，这就使得这家公司的业务前景变得充满了不确定性。当然，能够准确把握宏观转向的人少之又少，这里的分析只是希望得到更加有意义的投资教训。如果我们对Carvana这家公司的售车数和员工人数进行一个分析，就会发现这家公司不太像一家线上公司。下面三图是这家公司过去几年售车数、员工人数和人均售车数量，售车数量在翻倍的同时，员工数也在翻倍，所以人均售车数量其实开始下滑。从这一条来看，这家公司的效率可能比4S店要强，但是“线上”的规模效应看不出来。当然这个问题不是最主要的，规模大之后效率下降也是常事，更主要的问题是公司的经营模式。一般来说，如果一个企业既提供产品又提供资金，那么这种业务模式就要值得警惕——Carvana的另外一个风险就是贷款产品可能没有买家，那么贷款就只能留在自己手上，这一点也是最近股价继续下跌的原因。除了负债表上的这个隐患之后，另外还有一个隐患就是公司通过库存数对宏观进行了博弈。公司在2021年年底，囤了70,000多辆车，比2020年底翻了一倍。如果从售车数量作为基数，那么2021年囤了2个月的销量，2020年囤了1.5个月的销量，公司确实是非常激进，还在赌博二手车市场一定会持续热下去。目前二手车售价开始回撤，下图是美国二手车价格指数。目前的宏观情况并非就是宣判Carvana死刑的时候，公司依旧还有时间去把手上的贷款处理掉，把库存降低，把员工数量降低（公司已经宣布裁员2100人，占总员工的12%）。只是说从成长股的故事来看，前路就不太明朗了。所以，投资一定要小心左右手互博的商业模式，受宏观影响太大——就算iPhone销量再好，苹果也不借钱给消费者买苹果，而是靠第三方银行（Citizens Bank）承担风险，这就是慎重。","news_type":1,"symbols_score_info":{"CVNA":0.9}},"isVote":1,"tweetType":1,"viewCount":4487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075684963,"gmtCreate":1658192180052,"gmtModify":1676536119765,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9075684963","repostId":"1138372784","repostType":4,"isVote":1,"tweetType":1,"viewCount":4462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075685599,"gmtCreate":1658192144411,"gmtModify":1676536119757,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9075685599","repostId":"1138372784","repostType":4,"isVote":1,"tweetType":1,"viewCount":5089,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076024984,"gmtCreate":1657762945548,"gmtModify":1676536058108,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9076024984","repostId":"2251571251","repostType":4,"repost":{"id":"2251571251","kind":"highlight","pubTimestamp":1657754193,"share":"https://ttm.financial/m/news/2251571251?lang=en_US&edition=fundamental","pubTime":"2022-07-14 07:16","market":"us","language":"zh","title":"Apple has begun trial production of the iPhone 14, which will initially sell more than the iPhone 13.","url":"https://stock-news.laohu8.com/highlight/detail?id=2251571251","media":"新浪财经","summary":"新浪科技讯 北京时间7月13日晚间消息，据报道，虽然全球智能手机市场可能已经陷入困境，但苹果公司的iPhone 13仍然卖得不错。而且，即将上市的新一代产品iPhone 14的表现可能会更好。　　知情人士称，苹果已经开始试产iPhone 14，并计划于8月份量产。而且，苹果已经告知供应商，iPhone 14上市后的初期销量将高于一年前的iPhone 13。如今，越来越多的分析师认为，如果主要经济体陷入衰退，苹果iPhone的销量可能会好于整个智能手机行业。","content":"<p><html><head></head><body>Sina Tech News, Beijing time, July 13th evening news: According to reports, although the global smartphone market may be in trouble,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The company's iPhone 13 is still selling well. Moreover, the upcoming next-generation iPhone 14 may perform even better.</p><p>Sources familiar with the matter say Apple has begun trial production of the iPhone 14 and plans to start mass production in August. Moreover, Apple has informed suppliers that initial sales of the iPhone 14 after its launch will be higher than those of the iPhone 13 a year ago.</p><p>Apple's expectations are consistent with those of Wall Street analysts. Today, a growing number of analysts believe that if major economies fall into recession, Apple's iPhone sales may outperform the entire smartphone industry.</p><p>Apple focuses on the high-end smartphone market, and analysts believe that inflation in core commodities such as food and fuel will have less impact on Apple's relatively wealthy user base.</p><p>Two sources familiar with the iPhone supply chain said that despite signs that overall demand in the smartphone market is cooling, iPhone sales momentum remained strong in July.</p><p>One of the sources familiar with the matter said that one of the factories shipped one-third more iPhone 13 in July than in July of last year. This is very rare, as iPhone sales typically slow down in July and August as consumers await the new model to be released in September.</p><p>Another source familiar with the matter said, \"In terms of shipments, the iPhone 13 performed quite well.\"</p><p>Krish Sankar, an analyst at investment bank Cowen, believes that the iPhone 13's continued strong sales momentum in the later stages of its life cycle is partly due to \"a significant rebound in demand from Chinese consumers.\"</p><p>Sources familiar with the matter say that, in line with previous years' timeframes, Apple has begun trial production of the iPhone 14, with the goal of mass production in August so that shipments can be made in the fall (September). For the iPhone 14, Apple's initial sales forecasts to suppliers were slightly higher than those for the iPhone 13 a year ago.</p><p></body></html></p>","source":"sina_us","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>Apple has begun trial production of the iPhone 14, which will initially sell more than the iPhone 13.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple has begun trial production of the iPhone 14, which will initially sell more than the iPhone 13.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2022-07-14 07:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Sina Tech News, Beijing time, July 13th evening news: According to reports, although the global smartphone market may be in trouble,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The company's iPhone 13 is still selling well. Moreover, the upcoming next-generation iPhone 14 may perform even better.</p><p>Sources familiar with the matter say Apple has begun trial production of the iPhone 14 and plans to start mass production in August. Moreover, Apple has informed suppliers that initial sales of the iPhone 14 after its launch will be higher than those of the iPhone 13 a year ago.</p><p>Apple's expectations are consistent with those of Wall Street analysts. Today, a growing number of analysts believe that if major economies fall into recession, Apple's iPhone sales may outperform the entire smartphone industry.</p><p>Apple focuses on the high-end smartphone market, and analysts believe that inflation in core commodities such as food and fuel will have less impact on Apple's relatively wealthy user base.</p><p>Two sources familiar with the iPhone supply chain said that despite signs that overall demand in the smartphone market is cooling, iPhone sales momentum remained strong in July.</p><p>One of the sources familiar with the matter said that one of the factories shipped one-third more iPhone 13 in July than in July of last year. This is very rare, as iPhone sales typically slow down in July and August as consumers await the new model to be released in September.</p><p>Another source familiar with the matter said, \"In terms of shipments, the iPhone 13 performed quite well.\"</p><p>Krish Sankar, an analyst at investment bank Cowen, believes that the iPhone 13's continued strong sales momentum in the later stages of its life cycle is partly due to \"a significant rebound in demand from Chinese consumers.\"</p><p>Sources familiar with the matter say that, in line with previous years' timeframes, Apple has begun trial production of the iPhone 14, with the goal of mass production in August so that shipments can be made in the fall (September). For the iPhone 14, Apple's initial sales forecasts to suppliers were slightly higher than those for the iPhone 13 a year ago.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2022-07-14/doc-imizmscv1413813.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b7614e1910277cd1e8d9423088c475ed","relate_stocks":{"BK4573":"虚拟现实","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4527":"明星科技股","BK4512":"苹果概念","BK4501":"段永平概念","BK4553":"喜马拉雅资本持仓","BK4571":"数字音乐概念","BK4534":"瑞士信贷持仓","BK4576":"AR","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4575":"芯片概念","AAPL":"苹果","BK4505":"高瓴资本持仓","BK4515":"5G概念","BK4559":"巴菲特持仓","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4507":"流媒体概念","BK4170":"电脑硬件、储存设备及电脑周边","BK4574":"无人驾驶"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2022-07-14/doc-imizmscv1413813.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251571251","content_text":"新浪科技讯 北京时间7月13日晚间消息，据报道，虽然全球智能手机市场可能已经陷入困境，但苹果公司的iPhone 13仍然卖得不错。而且，即将上市的新一代产品iPhone 14的表现可能会更好。知情人士称，苹果已经开始试产iPhone 14，并计划于8月份量产。而且，苹果已经告知供应商，iPhone 14上市后的初期销量将高于一年前的iPhone 13。苹果的这一预期，与华尔街分析师的预期相吻合。如今，越来越多的分析师认为，如果主要经济体陷入衰退，苹果iPhone的销量可能会好于整个智能手机行业。苹果主打智能手机高端市场，分析人士认为，食品和燃油等核心商品的通胀，对苹果相对富裕的用户群的影响较小。来自iPhone供应链的两位知情人士称，尽管有迹象表明，智能手机市场的整体需求出现降温，但7月份iPhone的销售势头依旧强劲。其中一位知情人士称，其中一家工厂7月份的iPhone 13出货量，比去年7月份高出1/3。这是非常难得的，因为通常情况下，iPhone销量会在7月和8月放缓，因为消费者都在等待9月份发布的新机型。而另一位知情人士称：“从出货量上看，iPhone 13的表现相当出色。”投行Cowen分析师克里什·桑卡尔（Krish Sankar）认为，iPhone 13在生命周期的后期继续保持良好的销售势头，部分原因是“中国消费者的需求大幅反弹”。知情人士称，与往年的时间框架一致，苹果已经开始试产iPhone 14，目标是在8月份批量生产，这样就可以在秋季（9月）发货。对于iPhone 14，苹果向供应商提供的初期销量预期，要略高于一年前的iPhone 13。","news_type":1,"symbols_score_info":{"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":4484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076025312,"gmtCreate":1657762778736,"gmtModify":1676536058074,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9076025312","repostId":"2251571251","repostType":4,"repost":{"id":"2251571251","kind":"highlight","pubTimestamp":1657754193,"share":"https://ttm.financial/m/news/2251571251?lang=en_US&edition=fundamental","pubTime":"2022-07-14 07:16","market":"us","language":"zh","title":"Apple has begun trial production of the iPhone 14, which will initially sell more than the iPhone 13.","url":"https://stock-news.laohu8.com/highlight/detail?id=2251571251","media":"新浪财经","summary":"新浪科技讯 北京时间7月13日晚间消息，据报道，虽然全球智能手机市场可能已经陷入困境，但苹果公司的iPhone 13仍然卖得不错。而且，即将上市的新一代产品iPhone 14的表现可能会更好。　　知情人士称，苹果已经开始试产iPhone 14，并计划于8月份量产。而且，苹果已经告知供应商，iPhone 14上市后的初期销量将高于一年前的iPhone 13。如今，越来越多的分析师认为，如果主要经济体陷入衰退，苹果iPhone的销量可能会好于整个智能手机行业。","content":"<p><html><head></head><body>Sina Tech News, Beijing time, July 13th evening news: According to reports, although the global smartphone market may be in trouble,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The company's iPhone 13 is still selling well. Moreover, the upcoming next-generation iPhone 14 may perform even better.</p><p>Sources familiar with the matter say Apple has begun trial production of the iPhone 14 and plans to start mass production in August. Moreover, Apple has informed suppliers that initial sales of the iPhone 14 after its launch will be higher than those of the iPhone 13 a year ago.</p><p>Apple's expectations are consistent with those of Wall Street analysts. Today, a growing number of analysts believe that if major economies fall into recession, Apple's iPhone sales may outperform the entire smartphone industry.</p><p>Apple focuses on the high-end smartphone market, and analysts believe that inflation in core commodities such as food and fuel will have less impact on Apple's relatively wealthy user base.</p><p>Two sources familiar with the iPhone supply chain said that despite signs that overall demand in the smartphone market is cooling, iPhone sales momentum remained strong in July.</p><p>One of the sources familiar with the matter said that one of the factories shipped one-third more iPhone 13 in July than in July of last year. This is very rare, as iPhone sales typically slow down in July and August as consumers await the new model to be released in September.</p><p>Another source familiar with the matter said, \"In terms of shipments, the iPhone 13 performed quite well.\"</p><p>Krish Sankar, an analyst at investment bank Cowen, believes that the iPhone 13's continued strong sales momentum in the later stages of its life cycle is partly due to \"a significant rebound in demand from Chinese consumers.\"</p><p>Sources familiar with the matter say that, in line with previous years' timeframes, Apple has begun trial production of the iPhone 14, with the goal of mass production in August so that shipments can be made in the fall (September). For the iPhone 14, Apple's initial sales forecasts to suppliers were slightly higher than those for the iPhone 13 a year ago.</p><p></body></html></p>","source":"sina_us","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>Apple has begun trial production of the iPhone 14, which will initially sell more than the iPhone 13.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple has begun trial production of the iPhone 14, which will initially sell more than the iPhone 13.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2022-07-14 07:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Sina Tech News, Beijing time, July 13th evening news: According to reports, although the global smartphone market may be in trouble,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The company's iPhone 13 is still selling well. Moreover, the upcoming next-generation iPhone 14 may perform even better.</p><p>Sources familiar with the matter say Apple has begun trial production of the iPhone 14 and plans to start mass production in August. Moreover, Apple has informed suppliers that initial sales of the iPhone 14 after its launch will be higher than those of the iPhone 13 a year ago.</p><p>Apple's expectations are consistent with those of Wall Street analysts. Today, a growing number of analysts believe that if major economies fall into recession, Apple's iPhone sales may outperform the entire smartphone industry.</p><p>Apple focuses on the high-end smartphone market, and analysts believe that inflation in core commodities such as food and fuel will have less impact on Apple's relatively wealthy user base.</p><p>Two sources familiar with the iPhone supply chain said that despite signs that overall demand in the smartphone market is cooling, iPhone sales momentum remained strong in July.</p><p>One of the sources familiar with the matter said that one of the factories shipped one-third more iPhone 13 in July than in July of last year. This is very rare, as iPhone sales typically slow down in July and August as consumers await the new model to be released in September.</p><p>Another source familiar with the matter said, \"In terms of shipments, the iPhone 13 performed quite well.\"</p><p>Krish Sankar, an analyst at investment bank Cowen, believes that the iPhone 13's continued strong sales momentum in the later stages of its life cycle is partly due to \"a significant rebound in demand from Chinese consumers.\"</p><p>Sources familiar with the matter say that, in line with previous years' timeframes, Apple has begun trial production of the iPhone 14, with the goal of mass production in August so that shipments can be made in the fall (September). For the iPhone 14, Apple's initial sales forecasts to suppliers were slightly higher than those for the iPhone 13 a year ago.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2022-07-14/doc-imizmscv1413813.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b7614e1910277cd1e8d9423088c475ed","relate_stocks":{"BK4573":"虚拟现实","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4527":"明星科技股","BK4512":"苹果概念","BK4501":"段永平概念","BK4553":"喜马拉雅资本持仓","BK4571":"数字音乐概念","BK4534":"瑞士信贷持仓","BK4576":"AR","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4575":"芯片概念","AAPL":"苹果","BK4505":"高瓴资本持仓","BK4515":"5G概念","BK4559":"巴菲特持仓","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4507":"流媒体概念","BK4170":"电脑硬件、储存设备及电脑周边","BK4574":"无人驾驶"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2022-07-14/doc-imizmscv1413813.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251571251","content_text":"新浪科技讯 北京时间7月13日晚间消息，据报道，虽然全球智能手机市场可能已经陷入困境，但苹果公司的iPhone 13仍然卖得不错。而且，即将上市的新一代产品iPhone 14的表现可能会更好。知情人士称，苹果已经开始试产iPhone 14，并计划于8月份量产。而且，苹果已经告知供应商，iPhone 14上市后的初期销量将高于一年前的iPhone 13。苹果的这一预期，与华尔街分析师的预期相吻合。如今，越来越多的分析师认为，如果主要经济体陷入衰退，苹果iPhone的销量可能会好于整个智能手机行业。苹果主打智能手机高端市场，分析人士认为，食品和燃油等核心商品的通胀，对苹果相对富裕的用户群的影响较小。来自iPhone供应链的两位知情人士称，尽管有迹象表明，智能手机市场的整体需求出现降温，但7月份iPhone的销售势头依旧强劲。其中一位知情人士称，其中一家工厂7月份的iPhone 13出货量，比去年7月份高出1/3。这是非常难得的，因为通常情况下，iPhone销量会在7月和8月放缓，因为消费者都在等待9月份发布的新机型。而另一位知情人士称：“从出货量上看，iPhone 13的表现相当出色。”投行Cowen分析师克里什·桑卡尔（Krish Sankar）认为，iPhone 13在生命周期的后期继续保持良好的销售势头，部分原因是“中国消费者的需求大幅反弹”。知情人士称，与往年的时间框架一致，苹果已经开始试产iPhone 14，目标是在8月份批量生产，这样就可以在秋季（9月）发货。对于iPhone 14，苹果向供应商提供的初期销量预期，要略高于一年前的iPhone 13。","news_type":1,"symbols_score_info":{"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":1764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076026555,"gmtCreate":1657762681177,"gmtModify":1676536058044,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9076026555","repostId":"1179662263","repostType":4,"repost":{"id":"1179662263","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":1657761347,"share":"https://ttm.financial/m/news/1179662263?lang=en_US&edition=fundamental","pubTime":"2022-07-14 09:15","market":"us","language":"zh","title":"Hong Kong stocks open | Hang Seng Index opens 0.1% higher, Hang Seng Tech Index rises 0.38%","url":"https://stock-news.laohu8.com/highlight/detail?id=1179662263","media":"老虎资讯综合","summary":"7月14日讯，美CPI爆表，隔夜美股收跌，但中概股走俏。港股高开，恒指涨0.1%，国指涨0.23%，恒生科技指数涨0.38%。盘面上，回港中概股多数上涨，华住集团、携程集团、新东方均涨超4%，京东、百","content":"<p><html><head></head><body>July 14th - US CPI surged, causing US stocks to close lower overnight, but Chinese concept stocks performed well. Hong Kong stocks opened higher, with the Hang Seng Index up 0.1%, the Hang Seng Index up 0.23%, and the Hang Seng Tech Index up 0.38%.</p><p>On the market, most Chinese concept stocks returning to Hong Kong rose.<a href=\"https://laohu8.com/S/01179\">Huazhu</a>Group, Ctrip Group,<a href=\"https://laohu8.com/S/09901\">New Oriental</a>Both rose by more than 4%.<a href=\"https://laohu8.com/S/09618\">JD.com</a>、<a href=\"https://laohu8.com/S/09888\">Baidu</a>、<a href=\"https://laohu8.com/S/09988\">Alibaba</a>All stocks saw gains, while gas stocks showed mixed performance, while insurance and banking stocks generally declined.<a href=\"https://laohu8.com/S/01299\">AIA Insurance</a>、<a href=\"https://laohu8.com/S/600036\">China Merchants Bank</a>The price has declined significantly. On the other hand, biotechnology stocks rose significantly, while mainland property stocks and property management stocks that fell sharply yesterday rebounded partially.<a href=\"https://laohu8.com/S/02878\">crystal gate semiconductor</a>The stock opened nearly 14% higher, with interim net profit expected to increase by approximately 86.9% year-on-year.<img src=\"https://static.tigerbbs.com/251a4fa81596b01271841bd5cfbd7486\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></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>Hong Kong stocks open | Hang Seng Index opens 0.1% higher, Hang Seng Tech Index rises 0.38%</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\">\nHong Kong stocks open | Hang Seng Index opens 0.1% higher, Hang Seng Tech Index rises 0.38%\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\">2022-07-14 09:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>July 14th - US CPI surged, causing US stocks to close lower overnight, but Chinese concept stocks performed well. Hong Kong stocks opened higher, with the Hang Seng Index up 0.1%, the Hang Seng Index up 0.23%, and the Hang Seng Tech Index up 0.38%.</p><p>On the market, most Chinese concept stocks returning to Hong Kong rose.<a href=\"https://laohu8.com/S/01179\">Huazhu</a>Group, Ctrip Group,<a href=\"https://laohu8.com/S/09901\">New Oriental</a>Both rose by more than 4%.<a href=\"https://laohu8.com/S/09618\">JD.com</a>、<a href=\"https://laohu8.com/S/09888\">Baidu</a>、<a href=\"https://laohu8.com/S/09988\">Alibaba</a>All stocks saw gains, while gas stocks showed mixed performance, while insurance and banking stocks generally declined.<a href=\"https://laohu8.com/S/01299\">AIA Insurance</a>、<a href=\"https://laohu8.com/S/600036\">China Merchants Bank</a>The price has declined significantly. On the other hand, biotechnology stocks rose significantly, while mainland property stocks and property management stocks that fell sharply yesterday rebounded partially.<a href=\"https://laohu8.com/S/02878\">crystal gate semiconductor</a>The stock opened nearly 14% higher, with interim net profit expected to increase by approximately 86.9% year-on-year.<img src=\"https://static.tigerbbs.com/251a4fa81596b01271841bd5cfbd7486\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{"513600":"恒生指数ETF南方","HSTECH":"恒生科技指数","02833":"恒指ETF","HSI":"恒生指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179662263","content_text":"7月14日讯，美CPI爆表，隔夜美股收跌，但中概股走俏。港股高开，恒指涨0.1%，国指涨0.23%，恒生科技指数涨0.38%。盘面上，回港中概股多数上涨，华住集团、携程集团、新东方均涨超4%，京东、百度、阿里巴巴均有涨幅，燃气股走势分化，保险股、银行股普跌，友邦保险、招商银行走低明显。另一方面，生物科技股上涨明显，昨日大跌的内房股与物管股部分反弹。晶门半导体大幅高开近14%，预期中期净利同比增加约86.9%。","news_type":1,"symbols_score_info":{"513600":0.9,"HSImain":0.9,"HHImain":0.9,"HSTECH":0.9,"MCHmain":0.9,"HSI":0.9,"02833":0.9,"MHImain":0.9}},"isVote":1,"tweetType":1,"viewCount":1962,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073299313,"gmtCreate":1657342311432,"gmtModify":1676535995527,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073299313","repostId":"1172335974","repostType":4,"repost":{"id":"1172335974","kind":"news","pubTimestamp":1657272279,"share":"https://ttm.financial/m/news/1172335974?lang=en_US&edition=fundamental","pubTime":"2022-07-08 17:24","market":"us","language":"zh","title":"How did the Japanese economy suffer three decades of \"loss\" behind Abe's assassination?","url":"https://stock-news.laohu8.com/highlight/detail?id=1172335974","media":"风暴眼工作室","summary":"7月8日，日本前首相安倍晋三遭遇枪击的消息震惊全世界。据央视报道，当地时间8日，日本前首相安倍晋三当天上午在奈良发表演讲时中枪 。据悉，安倍晋三在上救护车时还有意识，目前安倍晋三已经没有生命体征。日元","content":"<p><html><head></head><body>On July 8, the news that former Japanese Prime Minister Shinzo Abe had been shot shocked the world.</p><p>According to CCTV, former Japanese Prime Minister Shinzo Abe was shot while giving a speech in Nara on the morning of the 8th local time. It is reported that Shinzo Abe was still conscious when he got into the ambulance, and he currently has no vital signs.</p><p>The yen exchange rate was also affected. As of 11:30 on July 8, the USD/JPY decline widened to 0.47% at 135.37, while the yen appreciated.</p><p>Why did the yen suddenly appreciate after Abe was assassinated? This may be related to the \"Abenomics\" that he promoted during his term. After Shinzo Abe took office at the end of 2012, he accelerated the implementation of a series of economic stimulus policies, the most notable of which was the loose monetary policy, which led to the accelerated depreciation of the yen.</p><p>Since the beginning of this year, the yen's continued decline has become more pronounced. On June 13, the yen fell below 135 yen to the dollar, hitting a new low in about 24 years. In the year since the beginning of 2021, the yen has depreciated significantly against the US dollar by more than 25%.</p><p><img src=\"https://static.tigerbbs.com/73ac608c7438fa9083c60e6af1c6dfd9\" tg-width=\"553\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>The continued sharp decline of traditional safe-haven currencies has led to a significant sell-off of Japanese bonds and yen assets.</p><p>Although Bank of Japan Governor Haruhiko Kuroda reiterated his view that the Bank of Japan must maintain its massive stimulus program to support the fragile economic recovery.</p><p>However, for ordinary Japanese people, it is still debatable whether the fragile economic recovery needs to be supported by a sharp depreciation of the yen. After all, as a major importer, Japan is 88% dependent on foreign energy and only 37% self-sufficient in food. The rise in commodity prices caused by the depreciation of the yen will directly affect the lives of citizens.</p><p>Especially after so many years of significant easing, Japan's average annual GDP growth rate has been less than 1% since the collapse of the Japanese economy in 1990.</p><p>While the housing market has been eased and prices have been raised, residents' disposable income has not been eased, leaving people somewhat lacking in confidence. After experiencing a \"lost decade,\" a \"lost twenty years,\" and a \"lost thirty years,\" Japan's lost eyes are heading towards the time dimension of Atlantis.</p><p>In the fourth decade, will Japan be able to make a comeback?</p><p><b>Abe and his \"Abenomics\"</b></p><p>Although Shinzo Abe resigned as prime minister in August 2020, the current sharp depreciation of the yen is closely linked to his \"Abenomics\".</p><p>At the end of 2012, Shinzo Abe once again served as Prime Minister of Japan, and immediately proposed a \"boosting the economy\" strategy, which was hyped up by the media as \"Abenomics\".</p><p>The so-called \"Abenomics\" is a combination of policies to solve Japan's economic problems through experimental monetary policy (QQE), proactive fiscal policy, and economic structural reforms. Including \"three major strategies\":</p><p>First, it proposed the largest quantitative easing (QE) monetary policy in Japan's history, with the central bank purchasing 7.5 trillion yen worth of Treasury Bond every month;</p><p>Secondly, the expansionary fiscal policy exceeded the previous government's total budget of 70 trillion yen;</p><p>Third, it encompasses a package of growth strategies, including the Trans-Pacific Partnership (TPP), deregulation to stimulate private investment, and promote innovation.</p><p><img src=\"https://static.tigerbbs.com/79ef0cf1ad82f6f4d2dbd2d9e5cde013\" tg-width=\"553\" tg-height=\"375\" referrerpolicy=\"no-referrer\"/></p><p>Abenomics is the latest effort to address Japan's economic downturn since the 1990s. So how effective has the implementation been?</p><p>An analysis by Global Macroeconomic Speculation points out that Abenomics is a great economic experiment in which Japanese financiers and politicians broke down prejudices and used a three-pronged approach of structural adjustment, fiscal and monetary policy to increase Japan's potential economic growth rate and overcome deflation. The first three years of the experiment were quite successful.</p><p>The article also points out that \"Abenomics\" performed poorly from 2016 to 2020. Despite the impact of the COVID-19 pandemic, some of Abenomic's goals were achieved, especially inflation expectations, the yen exchange rate, real interest rates, and stock prices. However, potential output growth during the same period was not good, proving that structural reforms were not being promoted effectively.</p><p>Zhang Jifeng, deputy director of the Institute of Japanese Studies at the Chinese Academy of Social Sciences, believes that Abe's achievements in economic governance are evident to all, but there are also some serious problems. The most serious problem is the difficult financial situation, and this situation has never changed.</p><p>Liu Yun, associate researcher at the Institute of Northeast Asian Studies of the China Institutes of Contemporary International Relations, believes that looking solely at Japan's GDP would lead to misunderstandings and the belief that Abenomics has not been very successful. However, overall, the Japanese economy is on an upward trend. For example, wages in Japan have increased and the profit growth rate of large corporations is good, so the Japanese economic situation has improved.</p><p><b>\"Loss\" began in 1990</b></p><p>The original intention of \"Abenomics\" was to save Japan's persistently sluggish economy. The \"lost decade\" was first proposed when the Japanese stock market bubble burst in 1990.</p><p>For more than a decade before the collapse of the bubble that devastated Japan, Japan was a \"miracle worker.\"</p><p>Starting with early labor-intensive enterprises such as cotton textiles to accumulate capital, and later with manufacturing as the core industry, actively expanding investment and introducing advanced foreign technologies, the country quickly rebuilt its industrial system from the post-war ruins.</p><p>By 1964, the Tokyo Olympics had become an important milestone in connecting Japan's economic development and transformation. Due to the demand for steel from large-scale infrastructure construction and the demand for color TVs for the opening of the Olympics, Japan's steel and electromechanical industries flourished, and Japan experienced a complete development stage from \"trading shirts for airplanes\" to \"Made in Japan\".</p><p><img src=\"https://static.tigerbbs.com/0d0a4f35b86afc5382004806076b2487\" tg-width=\"528\" tg-height=\"323\" referrerpolicy=\"no-referrer\"/></p><p>In 1965, Japan exported half of its steel to the United States, and in 1968, Japan became the world's second-largest economy after the United States.</p><p>At the same time, Japan has firmly grasped the new generation of industrial revolution, with automobiles, steel, telecommunications, semiconductors, and pharmaceuticals completely dominating the US market, and Hitachi, NEC, Fujitsu, Mitsubishi, and Toshiba emerging as giants.</p><p>During the years of trade deficits between the United States and Japan, industry giants suffered losses year after year, and Intel was even on the verge of bankruptcy at one point.</p><p>Faced with the predicament of being overwhelmed by Japanese goods, the United States, disregarding face, launched a trade war that seems familiar to Chinese people today—</p><p>Starting in 1981, Japanese automobiles sold worldwide began to be subject to heavy tariffs and export quotas restricted by the United States.</p><p>Meanwhile, the United States imposed 100% tariffs on Japanese high-tech products such as computers and televisions, citing \"dumping practices\" by Japan. A lower export price limit was set for Japanese semiconductors, and a 100% punitive tariff was imposed on Japanese chips.</p><p><img src=\"https://static.tigerbbs.com/2325f7d267568d30d4ad4c0f6022d74e\" tg-width=\"528\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><p>US lawmakers live-stream smashing Japanese products</p><p>In addition, executives of Japanese companies were arrested on charges of \"industrial espionage,\" and Japan was accused by the United States of being a \"currency manipulator\" and stealing intellectual property from the United States. Japan was also required to increase imports of U.S. agricultural products, eliminate trade terms unfavorable to foreign companies, impose voluntary export restrictions on industries such as textiles, steel, televisions, and machine tools, while simultaneously relocating factories and upgrading industries.</p><p>While constantly accusing Japan of supporting its industrial policies through state support, the United States enacted a new trade law in 1988, invoking the \"Super 301\" clause—openly legislating to interfere in Japan's industrial and trade policies and forcing Japan to carry out institutional reforms.</p><p>In 1989, Japan and the United States began negotiations on the \"Japan-U.S. Structural Agreement,\" consulting on economic policies, systems, and corporate behavior, which prompted Japan to carry out open reforms in areas such as its circulation system and business practices: for example, regarding housing as a strategic industry and further opening up its circulation system. Further open up the domestic market and restructure the import and export system in accordance with the principle of free trade.</p><p>By 1989, the United States Trade Representative had initiated a total of 24 Section 301 investigations against Japan, almost all of which were concessions from the Japanese government.</p><p>At the same time, the yen was forced to appreciate sharply against the dollar due to the \"Plaza Accord\" reached in 1985 by the United States, Japan, West Germany, France, and the United Kingdom. Following Black Monday in October 1987, the yen appreciated to 120 yen per dollar, an increase of as much as 90% in 1988.</p><p><img src=\"https://static.tigerbbs.com/12ab4dd9acfe04f8aab569cb046a73ff\" tg-width=\"528\" tg-height=\"337\" referrerpolicy=\"no-referrer\"/></p><p>Plaza Agreement Signing Site</p><p>The sharp appreciation of the yen has dealt a devastating blow to Japan, an export-oriented economy. Production costs have risen sharply, and high-quality companies have begun to flee overseas. In order to cope with the currency crisis, the Japanese government has begun to cut interest rates sharply, hoping to \"provide money\" so that companies can invest and set up factories at low cost.</p><p>In reality, due to the excessively long return cycle for real industries, a large amount of yen lent at low interest rates was not invested in the real economy. The ample liquidity in the money market began to flow into the housing, stock, and luxury goods markets in large quantities as the yen appreciated sharply after the Plaza Accords.</p><p>Starting in 1986, Japan's rapidly expanding economic prosperity was known as the \"Heisei boom.\" At the end of 1985, the Nikkei 225 stock index closed at 13,083 points, and at the end of 1989, it closed at 38,916 points. In four years, the Nikkei 225 index rose by a cumulative 197.45%, and the total market capitalization of stocks continued to expand to 896 trillion yen, accounting for 60% of Japan's GDP that year.</p><p><img src=\"https://static.tigerbbs.com/9f5d38582a2e3123322a61e5b005f13f\" tg-width=\"528\" tg-height=\"312\" referrerpolicy=\"no-referrer\"/></p><p>Japanese streets in the 1980s</p><p>Land prices in Tokyo skyrocketed, with the land price of the Japanese Emperor's Tokyo Imperial Palace exceeding the estimated land value of the entire country. In the Ginza area, a 10,000 yen bill thrown on the ground cannot buy the small piece of land it covers.</p><p>At the same time, the Japanese have become the world's largest consumer of luxury goods, sweeping up watch stores, jewelry stores, and wineries around the world. Foreign banks and securities companies are counting their money in the Japanese market.</p><p>A large number of stock index short options, which were completely at odds with economic reality, erupted when the bubble inflated to its peak.</p><p>In October 1990, Japan's five-year bull market ended, with the stock market plummeting by 63.24%, marking the largest drop in Japanese stock market history. The following year, the housing market plummeted by 65%, bankrupt companies emerged one after another, the number of unemployed people surged, and the wealth of the entire country shrank by nearly 50%.</p><p>At the same time, the short-term sharp recession has left countless ordinary people who did not have time to escape \"trapped\" in various capital investment targets, and a major economic reshuffle has transferred the wealth of the whole society to at least a few winners.</p><p>Since then, the Japanese economy has been in a prolonged slump.</p><p>The Nikkei average fell by more than 82% from a historical high of 38,957 on December 29, 1989, to a low of 6,994.9 on October 29, 2008. For the next four years, the Nikkei average remained hovering around 10,000 points.</p><p>Starting in the late 1990s, the \"lost decade\" of the Japanese economy began to appear in the newspapers, and the problem remains unsolved to this day.</p><p><img src=\"https://static.tigerbbs.com/ced67142e550e77f5f84c394cba59c8d\" tg-width=\"528\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/></p><p><b>What exactly has Japan lost in the past thirty years?</b></p><p>In 2010, as the Japanese economy still showed no signs of improvement, the media began to refer to the \"lost twenty years\" of the Japanese economy.</p><p>In reality, \"twenty years\" is still not the end of Japan's economic downturn. Starting from the all-time high closing point of the Nikkei 225 index at 38,957, the index continued to decline, falling below 10,000 points several times until it stopped falling in 2017.</p><p>On July 7, 2022, the Nikkei 225 index closed at 26,490.53 points, still more than 10,000 points away from its highest point.</p><p>The \"Plaza Accord,\" which caused the yen to appreciate sharply, is considered by many to be the root cause of Japan's bubble economy, which triggered the Great Depression.</p><p>However, the criticisms of the Plaza Accords are not consistent in the analysis of this Great Depression. Former Japanese Deputy Minister of Finance Toyoo Gyoten even personally refuted this view.</p><p>Between 1985 and 1990, thanks to overseas investment driven by a strong yen, Japan's net overseas assets rose from over $1 trillion to over $3 trillion, which is what is known as \"there is another Japan besides Japan\"—</p><p>While the yen has appreciated by 300% in 10 years, there has been a huge increase in production and labor costs. In order to maintain their competitiveness, many Japanese companies have had to turn their attention overseas, which has led to a rapid outflow of Japanese capital.</p><p>The rapidly appreciating yen and the increasingly tense Japan-US trade war have also contributed to this outflow—a strong yen makes it easier for Japanese companies to invest in and acquire overseas companies, while building factories overseas can circumvent US sanctions on \"Made in Japan\".</p><p>From 1985 to 1990, Japanese companies conducted a total of 21 giant overseas mergers and acquisitions worth more than 50 billion yen.</p><p>In 1989, Mitsubishi bought Rockefeller Center for $1.4 billion, Panasonic bought Universal Pictures for $6 billion, and Sony bought Columbia Pictures for $3.4 billion—including the Spider-Man rights that Marvel has yet to reclaim.</p><p>The Japanese even had the ambition to buy the United States into \"Japan's 41st prefecture.\" Why does the city look so much like Tokyo from the 70th floor of the InterContinental Hotel in Los Angeles?</p><p>Because the Japanese bought half of the real estate here back then.</p><p><img src=\"https://static.tigerbbs.com/6420f38680bf983f828177b00418e180\" tg-width=\"528\" tg-height=\"375\" referrerpolicy=\"no-referrer\"/></p><p>In his book \"Anger Across the Pacific,\" Japanese scholar Kan Ito wrote that some Japanese believe Japan will become the next \"superpower\" and that the government will lead its people to \"end the era of America.\"</p><p>However, these properties belong to giant corporations, conglomerates, speculators, and wealthy foreign businessmen, but they do not belong to the Japanese people.</p><p>In 2020, the Sankei Shimbun reported that the revenue of Japanese overseas subsidiaries had increased by 220% in the past 20 years, while according to OECD statistics, the per capita purchasing power in Japan in 2020 was only US$39,000, an increase of only 4% compared to 1990.</p><p><b>1. Income that remains unchanged for thirty years</b></p><p>After 1900, Japanese investment activities came to an abrupt halt.</p><p>Banks went bankrupt, factories closed down, and mortgages became a disaster, forcing banks rife with non-performing assets to merge and restructure. The sharply rising production costs caused a large number of businesses to go bankrupt, and ordinary people suffered the most—they were laid off in the wave of bankruptcies, their life savings evaporated in the bubble crisis, and they were burdened with heavy mortgages.</p><p>After the collapse of the lifetime employment system and seniority system, the \"corporate slave\" culture, which worked desperately to keep its job, did not originate from Japan's bubble crisis, but it solidified afterward—accepting the exploitation of competition and the gears that prioritize production efficiency became the most helpless choice for Japanese workers.</p><p>However, the tide of social development propelled the Japanese forward, but failed to bring them the rewards they deserved.</p><p><img src=\"https://static.tigerbbs.com/11648f82b27132391bb1a6cef2c3432a\" tg-width=\"528\" tg-height=\"296\" referrerpolicy=\"no-referrer\"/></p><p>In February 2021, the \"Labor Statistics Survey\" released by Japan's Ministry of Health, Labour and Welfare showed that the average monthly salary in Japan in 2020 was 318,299 yen, equivalent to about 19,600 yuan, a year-on-year decrease of 1.2%, marking the largest drop in 12 years.</p><p>This figure was around 350,000 yuan in 1990, when the average annual income of Japanese people was 4.25 million yen. At the exchange rate at the time, the monthly salary was about 11,600 yuan.</p><p>Average annual income, which has remained stagnant for 30 consecutive years, has become Japan's most intense \"birth control pill\".</p><p><b>2. Irreversible aging</b></p><p>In 2020, Japan ranked 11th in the world in terms of total population, marking the first time it had fallen out of the top ten since 1950. From 1974 to 2020, Japan's birth rate dropped from 1.86% to 0.67%, and around 2008 it began to fall into 13 consecutive years of negative population growth.</p><p>Meanwhile, Japan has 36.4 million people aged 65 and above, accounting for 29.1% of the total population.</p><p>Japan's declining birthrate and aging population have led to a severe labor supply shortage and a slowdown in labor productivity growth, resulting in a continued slowdown in economic growth.</p><p>\"From 1961 to 2020, the growth rates of Japan's working-age population and labor productivity changed basically in sync with economic trends. While the average growth rate of Japan's working-age population remained at a high level of 1.6% and the labor productivity growth rate peaked at 8.4% from 1961 to 1975, the average real GDP growth rate also remained at a high level of 7.7%; from 1976 to 1988, the working-age population and labor productivity maintained low growth rates of 0.9% and 3.7% respectively, and the real GDP growth rate also dropped to 4.4%.\" From 1989 to 2020, the growth rates of the working-age population and labor productivity dropped sharply from 0.9% and 4.4% to -0.8% and 1.1%, respectively, while the real GDP growth rate dropped from 5.4% to -4.4%.</p><p>With the working population declining and tax revenue decreasing, the need for pension and other expenses is expanding rapidly. Since 1990, the number of people relying on pensions has been five times that of taxpayers.</p><p><img src=\"https://static.tigerbbs.com/8c92a0dfa8f71abcdb41b554124294a7\" tg-width=\"528\" tg-height=\"302\" referrerpolicy=\"no-referrer\"/></p><p>In 2004, Japan launched pension reform, raising taxes by 0.354% annually. By 2017, taxpayers' pension contributions had accounted for 18.3% of their annual income, becoming a heavy burden on the Japanese people.</p><p>Japan's ranking in the Human Development Index (which measures per capita GDP, education, and healthcare) fell from number one in the world in 1990 to nineteenth in 2020.</p><p>At the same time, the decline in expected income has led to a negative attitude towards life, low material desires, and a lack of motivation among young Japanese people, resulting in the emergence of a \"secluded generation\". According to the definition of Japan's Ministry of Health, Labour and Welfare, secluded people are people who stay at home for more than 6 months and have almost cut off contact with the outside world. According to data from the Cabinet Office's \"Living Conditions Survey\", the number of secluded people aged 15-39 and 40-64 reached 541,000 and 613,000 respectively.</p><p>The consumption and housing demand of the elderly is far lower than that of young people, and young people severely lack the desire to consume, making it difficult for total consumption to increase significantly, and Japan has fallen into a \"low-desire society\".</p><p><b>3. Lifetime QE, but consistently weak.</b></p><p>In 2021, Japan's GDP fell below the \"50s\" with a total GDP of $4,937.4 billion, but it still ranks as the world's third-largest economy, surpassing Europe, which doesn't seem to be bad.</p><p>In reality, Japan's GDP had already reached $5.55 trillion in 1995, when the ratio of Japan's GDP to the United States' GDP was 71.34%. In 2021, this ratio increased to 21.46%.</p><p><img src=\"https://static.tigerbbs.com/0823be1f503a8cdff0d86e9ba57b90cf\" tg-width=\"528\" tg-height=\"231\" referrerpolicy=\"no-referrer\"/></p><p>Compared to its past glory, Japan today is indeed in some difficulty.</p><p>Meanwhile, Japan's macro leverage ratio is also among the highest in the world. According to the latest data from the Bank for International Settlements (BIS), at the end of the second quarter of 2021, the macro leverage ratio among countries was 286.2% in the United States, 284.3% in the Eurozone, and 416.5% in Japan.</p><p>The massive amount of debt stems from Japan's decades-long quantitative easing.</p><p>quantitative easing is an innovation in Japan's financial sector.</p><p>In 1998, the Bank of Japan first began implementing a zero-interest-rate and quantitative easing policy, which regulates economic activity by controlling the money supply.</p><p>In 2013, Bank of Japan Governor Haruhiko Kuroda launched a monetary policy stimulus plan to boost inflation.</p><p>Since 2013, the yen has continued to depreciate against the US dollar, and exports have achieved significant growth. Meanwhile, Japan's benchmark interest rate has been declining steadily, with the 10-year Treasury Bond rate even falling to negative numbers in 2016.</p><p>Meanwhile, the Bank of Japan began to purchase ETFs (exchange-traded funds) on a large scale, with an average annual ETF purchase volume of nearly 4 trillion yen. By 2021, the Bank of Japan held more than 80% of equity ETFs and more than 5% of the total market capitalization of the Tokyo Stock Exchange.</p><p>Although the Nikkei 225 index has strengthened from around 8,000 points in 2012, even breaking through the 30,000-point mark in February 2021, it still seems to be a mirage of bubble prosperity, because the massive amount of base money injected by the Bank of Japan has neither raised inflation nor boosted economic growth.</p><p>In terms of economic structure, apart from core basic raw materials, which still maintain a barrier advantage, Japan's other industries are almost stagnating. The markets in the automotive, shipbuilding, machine tool, and electronics industries are being divided up by countries such as the United States, China, and South Korea, with little achievement in emerging industries.</p><p>Currently, Japan has only 6 unicorn companies, far behind the 554, 180, 64, 43, and 26 companies in the United States, China, India, the United Kingdom, and Germany, all of which are valued at less than $2 billion.</p><p>Meanwhile, Japan's debt expanded rapidly. As of the end of December 2021, Japan's national debt, consisting of Treasury Bond, borrowings and short-term government securities, reached 1,218.4 trillion yen, and the per capita debt of Japanese citizens was approximately 9.71 million yen, equivalent to about 534,573 yuan.</p><p>However, while central banks in the US, UK, and Europe have all begun to tighten their stance, the Bank of Japan has not changed its loose monetary policy.</p><p><b>\"Counter-market\" easing, unlimited money printing, and consecutive declines in the yen</b></p><p>The yen's continuous decline began in March.</p><p>Following the release of the Federal Reserve's rate hike in March, which signaled that it would further increase rate hike and accelerate shrinking balance sheet, both the UK and Europe began to accelerate the tightening of monetary policy. However, the Bank of Japan did the opposite and insisted on maintaining its quantitative easing policy.</p><p>On March 28, the Bank of Japan issued a press release announcing that it would launch a \"continuous fixed-price market operation\" between March 29 and 31 to curb interest rate increases, which involves purchasing an unlimited amount of government bonds from private financial institutions at a specified interest rate.</p><p>On that day, the yen plummeted 1.38%.</p><p>On April 20, less than a month later, the Bank of Japan announced unlimited purchases of 10-year Treasury Bond to defend the 0.25% yield cap on the 10-year Japanese Treasury Bond, further driving the depreciation of the yen.</p><p>Some experts believe that because the depreciation of the yen is beneficial to Japan's export-oriented economy, the Bank of Japan has consistently used a loose monetary environment as an important means to boost market expectations. Especially now that the new fiscal year has just begun, the Bank of Japan is less likely to tighten monetary policy.</p><p>But can easing save the Japanese economy?</p><p>In reality, Japan's trade structure is unstable. Since the Abe administration took office and introduced unlimited stimulus policies, total exports have declined continuously from 2012 to 2015, and only maintained a trade surplus in 2016 and 2017.</p><p><img src=\"https://static.tigerbbs.com/2b2490580bd25519041d5aef1bb5c3c0\" tg-width=\"525\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/></p><p>The recent surge in global crude oil and raw material prices, coupled with the depreciation of the yen, has increased costs for Japanese companies and broadened the channels for imported inflation. Meanwhile, according to data from the OECD's \"Value-Added Trade Statistics,\" Japan's domestic added value has fallen from 94% in 1995 to 83% in 2018, a decrease of 11%. It is becoming increasingly difficult for Japan's related high-value-added products and services to offset their ever-increasing production costs.</p><p>The only beneficiaries were domestic Japanese speculators. With the Federal Reserve's significant intervention, US Treasury yields continued to soar, and the interest rate differential between the US, Japan, and Treasury Bond became increasingly large. As a result, domestic speculators began to short the yen on a large scale, using the yen to buy US Treasury bonds for arbitrage.</p><p>What about ordinary people?</p><p>Rising prices have led to increased living costs and weakened consumer power, and the \"lost thirty years\" seem to be about to be postponed again. The depreciation of the yen, which the Bank of Japan has deemed \"beneficial to the economy,\" has never effectively boosted Japan's economic growth for many years. Instead, it has prevented the Japanese economy from escaping from large-scale monetary easing policies for more than a decade.</p><p>Thirty years ago, then-central bank governor Yasushi Mie No warned the government: A country must not survive by inflating economic bubbles, otherwise it will be a great harm to the country.</p><p>Shortly after he took office, Japan implemented a tight monetary policy, significantly increasing loan interest rates and proactively bursting the bubble. This hard landing plunged Japan into decades of depression, but it is often regarded by later generations as a decisive act of \"cutting off one's own arm\".</p><p>However, the car in front has overturned, and the rest is unknown.</p><p>Thirty years later, Japan still seems to be the same Japan.</p><p></body></html></p>","source":"lsy1639703443321","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>How did the Japanese economy suffer three decades of \"loss\" behind Abe's assassination?</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\">\nHow did the Japanese economy suffer three decades of \"loss\" behind Abe's assassination?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">风暴眼工作室</strong><span class=\"h-time small\">2022-07-08 17:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On July 8, the news that former Japanese Prime Minister Shinzo Abe had been shot shocked the world.</p><p>According to CCTV, former Japanese Prime Minister Shinzo Abe was shot while giving a speech in Nara on the morning of the 8th local time. It is reported that Shinzo Abe was still conscious when he got into the ambulance, and he currently has no vital signs.</p><p>The yen exchange rate was also affected. As of 11:30 on July 8, the USD/JPY decline widened to 0.47% at 135.37, while the yen appreciated.</p><p>Why did the yen suddenly appreciate after Abe was assassinated? This may be related to the \"Abenomics\" that he promoted during his term. After Shinzo Abe took office at the end of 2012, he accelerated the implementation of a series of economic stimulus policies, the most notable of which was the loose monetary policy, which led to the accelerated depreciation of the yen.</p><p>Since the beginning of this year, the yen's continued decline has become more pronounced. On June 13, the yen fell below 135 yen to the dollar, hitting a new low in about 24 years. In the year since the beginning of 2021, the yen has depreciated significantly against the US dollar by more than 25%.</p><p><img src=\"https://static.tigerbbs.com/73ac608c7438fa9083c60e6af1c6dfd9\" tg-width=\"553\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>The continued sharp decline of traditional safe-haven currencies has led to a significant sell-off of Japanese bonds and yen assets.</p><p>Although Bank of Japan Governor Haruhiko Kuroda reiterated his view that the Bank of Japan must maintain its massive stimulus program to support the fragile economic recovery.</p><p>However, for ordinary Japanese people, it is still debatable whether the fragile economic recovery needs to be supported by a sharp depreciation of the yen. After all, as a major importer, Japan is 88% dependent on foreign energy and only 37% self-sufficient in food. The rise in commodity prices caused by the depreciation of the yen will directly affect the lives of citizens.</p><p>Especially after so many years of significant easing, Japan's average annual GDP growth rate has been less than 1% since the collapse of the Japanese economy in 1990.</p><p>While the housing market has been eased and prices have been raised, residents' disposable income has not been eased, leaving people somewhat lacking in confidence. After experiencing a \"lost decade,\" a \"lost twenty years,\" and a \"lost thirty years,\" Japan's lost eyes are heading towards the time dimension of Atlantis.</p><p>In the fourth decade, will Japan be able to make a comeback?</p><p><b>Abe and his \"Abenomics\"</b></p><p>Although Shinzo Abe resigned as prime minister in August 2020, the current sharp depreciation of the yen is closely linked to his \"Abenomics\".</p><p>At the end of 2012, Shinzo Abe once again served as Prime Minister of Japan, and immediately proposed a \"boosting the economy\" strategy, which was hyped up by the media as \"Abenomics\".</p><p>The so-called \"Abenomics\" is a combination of policies to solve Japan's economic problems through experimental monetary policy (QQE), proactive fiscal policy, and economic structural reforms. Including \"three major strategies\":</p><p>First, it proposed the largest quantitative easing (QE) monetary policy in Japan's history, with the central bank purchasing 7.5 trillion yen worth of Treasury Bond every month;</p><p>Secondly, the expansionary fiscal policy exceeded the previous government's total budget of 70 trillion yen;</p><p>Third, it encompasses a package of growth strategies, including the Trans-Pacific Partnership (TPP), deregulation to stimulate private investment, and promote innovation.</p><p><img src=\"https://static.tigerbbs.com/79ef0cf1ad82f6f4d2dbd2d9e5cde013\" tg-width=\"553\" tg-height=\"375\" referrerpolicy=\"no-referrer\"/></p><p>Abenomics is the latest effort to address Japan's economic downturn since the 1990s. So how effective has the implementation been?</p><p>An analysis by Global Macroeconomic Speculation points out that Abenomics is a great economic experiment in which Japanese financiers and politicians broke down prejudices and used a three-pronged approach of structural adjustment, fiscal and monetary policy to increase Japan's potential economic growth rate and overcome deflation. The first three years of the experiment were quite successful.</p><p>The article also points out that \"Abenomics\" performed poorly from 2016 to 2020. Despite the impact of the COVID-19 pandemic, some of Abenomic's goals were achieved, especially inflation expectations, the yen exchange rate, real interest rates, and stock prices. However, potential output growth during the same period was not good, proving that structural reforms were not being promoted effectively.</p><p>Zhang Jifeng, deputy director of the Institute of Japanese Studies at the Chinese Academy of Social Sciences, believes that Abe's achievements in economic governance are evident to all, but there are also some serious problems. The most serious problem is the difficult financial situation, and this situation has never changed.</p><p>Liu Yun, associate researcher at the Institute of Northeast Asian Studies of the China Institutes of Contemporary International Relations, believes that looking solely at Japan's GDP would lead to misunderstandings and the belief that Abenomics has not been very successful. However, overall, the Japanese economy is on an upward trend. For example, wages in Japan have increased and the profit growth rate of large corporations is good, so the Japanese economic situation has improved.</p><p><b>\"Loss\" began in 1990</b></p><p>The original intention of \"Abenomics\" was to save Japan's persistently sluggish economy. The \"lost decade\" was first proposed when the Japanese stock market bubble burst in 1990.</p><p>For more than a decade before the collapse of the bubble that devastated Japan, Japan was a \"miracle worker.\"</p><p>Starting with early labor-intensive enterprises such as cotton textiles to accumulate capital, and later with manufacturing as the core industry, actively expanding investment and introducing advanced foreign technologies, the country quickly rebuilt its industrial system from the post-war ruins.</p><p>By 1964, the Tokyo Olympics had become an important milestone in connecting Japan's economic development and transformation. Due to the demand for steel from large-scale infrastructure construction and the demand for color TVs for the opening of the Olympics, Japan's steel and electromechanical industries flourished, and Japan experienced a complete development stage from \"trading shirts for airplanes\" to \"Made in Japan\".</p><p><img src=\"https://static.tigerbbs.com/0d0a4f35b86afc5382004806076b2487\" tg-width=\"528\" tg-height=\"323\" referrerpolicy=\"no-referrer\"/></p><p>In 1965, Japan exported half of its steel to the United States, and in 1968, Japan became the world's second-largest economy after the United States.</p><p>At the same time, Japan has firmly grasped the new generation of industrial revolution, with automobiles, steel, telecommunications, semiconductors, and pharmaceuticals completely dominating the US market, and Hitachi, NEC, Fujitsu, Mitsubishi, and Toshiba emerging as giants.</p><p>During the years of trade deficits between the United States and Japan, industry giants suffered losses year after year, and Intel was even on the verge of bankruptcy at one point.</p><p>Faced with the predicament of being overwhelmed by Japanese goods, the United States, disregarding face, launched a trade war that seems familiar to Chinese people today—</p><p>Starting in 1981, Japanese automobiles sold worldwide began to be subject to heavy tariffs and export quotas restricted by the United States.</p><p>Meanwhile, the United States imposed 100% tariffs on Japanese high-tech products such as computers and televisions, citing \"dumping practices\" by Japan. A lower export price limit was set for Japanese semiconductors, and a 100% punitive tariff was imposed on Japanese chips.</p><p><img src=\"https://static.tigerbbs.com/2325f7d267568d30d4ad4c0f6022d74e\" tg-width=\"528\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><p>US lawmakers live-stream smashing Japanese products</p><p>In addition, executives of Japanese companies were arrested on charges of \"industrial espionage,\" and Japan was accused by the United States of being a \"currency manipulator\" and stealing intellectual property from the United States. Japan was also required to increase imports of U.S. agricultural products, eliminate trade terms unfavorable to foreign companies, impose voluntary export restrictions on industries such as textiles, steel, televisions, and machine tools, while simultaneously relocating factories and upgrading industries.</p><p>While constantly accusing Japan of supporting its industrial policies through state support, the United States enacted a new trade law in 1988, invoking the \"Super 301\" clause—openly legislating to interfere in Japan's industrial and trade policies and forcing Japan to carry out institutional reforms.</p><p>In 1989, Japan and the United States began negotiations on the \"Japan-U.S. Structural Agreement,\" consulting on economic policies, systems, and corporate behavior, which prompted Japan to carry out open reforms in areas such as its circulation system and business practices: for example, regarding housing as a strategic industry and further opening up its circulation system. Further open up the domestic market and restructure the import and export system in accordance with the principle of free trade.</p><p>By 1989, the United States Trade Representative had initiated a total of 24 Section 301 investigations against Japan, almost all of which were concessions from the Japanese government.</p><p>At the same time, the yen was forced to appreciate sharply against the dollar due to the \"Plaza Accord\" reached in 1985 by the United States, Japan, West Germany, France, and the United Kingdom. Following Black Monday in October 1987, the yen appreciated to 120 yen per dollar, an increase of as much as 90% in 1988.</p><p><img src=\"https://static.tigerbbs.com/12ab4dd9acfe04f8aab569cb046a73ff\" tg-width=\"528\" tg-height=\"337\" referrerpolicy=\"no-referrer\"/></p><p>Plaza Agreement Signing Site</p><p>The sharp appreciation of the yen has dealt a devastating blow to Japan, an export-oriented economy. Production costs have risen sharply, and high-quality companies have begun to flee overseas. In order to cope with the currency crisis, the Japanese government has begun to cut interest rates sharply, hoping to \"provide money\" so that companies can invest and set up factories at low cost.</p><p>In reality, due to the excessively long return cycle for real industries, a large amount of yen lent at low interest rates was not invested in the real economy. The ample liquidity in the money market began to flow into the housing, stock, and luxury goods markets in large quantities as the yen appreciated sharply after the Plaza Accords.</p><p>Starting in 1986, Japan's rapidly expanding economic prosperity was known as the \"Heisei boom.\" At the end of 1985, the Nikkei 225 stock index closed at 13,083 points, and at the end of 1989, it closed at 38,916 points. In four years, the Nikkei 225 index rose by a cumulative 197.45%, and the total market capitalization of stocks continued to expand to 896 trillion yen, accounting for 60% of Japan's GDP that year.</p><p><img src=\"https://static.tigerbbs.com/9f5d38582a2e3123322a61e5b005f13f\" tg-width=\"528\" tg-height=\"312\" referrerpolicy=\"no-referrer\"/></p><p>Japanese streets in the 1980s</p><p>Land prices in Tokyo skyrocketed, with the land price of the Japanese Emperor's Tokyo Imperial Palace exceeding the estimated land value of the entire country. In the Ginza area, a 10,000 yen bill thrown on the ground cannot buy the small piece of land it covers.</p><p>At the same time, the Japanese have become the world's largest consumer of luxury goods, sweeping up watch stores, jewelry stores, and wineries around the world. Foreign banks and securities companies are counting their money in the Japanese market.</p><p>A large number of stock index short options, which were completely at odds with economic reality, erupted when the bubble inflated to its peak.</p><p>In October 1990, Japan's five-year bull market ended, with the stock market plummeting by 63.24%, marking the largest drop in Japanese stock market history. The following year, the housing market plummeted by 65%, bankrupt companies emerged one after another, the number of unemployed people surged, and the wealth of the entire country shrank by nearly 50%.</p><p>At the same time, the short-term sharp recession has left countless ordinary people who did not have time to escape \"trapped\" in various capital investment targets, and a major economic reshuffle has transferred the wealth of the whole society to at least a few winners.</p><p>Since then, the Japanese economy has been in a prolonged slump.</p><p>The Nikkei average fell by more than 82% from a historical high of 38,957 on December 29, 1989, to a low of 6,994.9 on October 29, 2008. For the next four years, the Nikkei average remained hovering around 10,000 points.</p><p>Starting in the late 1990s, the \"lost decade\" of the Japanese economy began to appear in the newspapers, and the problem remains unsolved to this day.</p><p><img src=\"https://static.tigerbbs.com/ced67142e550e77f5f84c394cba59c8d\" tg-width=\"528\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/></p><p><b>What exactly has Japan lost in the past thirty years?</b></p><p>In 2010, as the Japanese economy still showed no signs of improvement, the media began to refer to the \"lost twenty years\" of the Japanese economy.</p><p>In reality, \"twenty years\" is still not the end of Japan's economic downturn. Starting from the all-time high closing point of the Nikkei 225 index at 38,957, the index continued to decline, falling below 10,000 points several times until it stopped falling in 2017.</p><p>On July 7, 2022, the Nikkei 225 index closed at 26,490.53 points, still more than 10,000 points away from its highest point.</p><p>The \"Plaza Accord,\" which caused the yen to appreciate sharply, is considered by many to be the root cause of Japan's bubble economy, which triggered the Great Depression.</p><p>However, the criticisms of the Plaza Accords are not consistent in the analysis of this Great Depression. Former Japanese Deputy Minister of Finance Toyoo Gyoten even personally refuted this view.</p><p>Between 1985 and 1990, thanks to overseas investment driven by a strong yen, Japan's net overseas assets rose from over $1 trillion to over $3 trillion, which is what is known as \"there is another Japan besides Japan\"—</p><p>While the yen has appreciated by 300% in 10 years, there has been a huge increase in production and labor costs. In order to maintain their competitiveness, many Japanese companies have had to turn their attention overseas, which has led to a rapid outflow of Japanese capital.</p><p>The rapidly appreciating yen and the increasingly tense Japan-US trade war have also contributed to this outflow—a strong yen makes it easier for Japanese companies to invest in and acquire overseas companies, while building factories overseas can circumvent US sanctions on \"Made in Japan\".</p><p>From 1985 to 1990, Japanese companies conducted a total of 21 giant overseas mergers and acquisitions worth more than 50 billion yen.</p><p>In 1989, Mitsubishi bought Rockefeller Center for $1.4 billion, Panasonic bought Universal Pictures for $6 billion, and Sony bought Columbia Pictures for $3.4 billion—including the Spider-Man rights that Marvel has yet to reclaim.</p><p>The Japanese even had the ambition to buy the United States into \"Japan's 41st prefecture.\" Why does the city look so much like Tokyo from the 70th floor of the InterContinental Hotel in Los Angeles?</p><p>Because the Japanese bought half of the real estate here back then.</p><p><img src=\"https://static.tigerbbs.com/6420f38680bf983f828177b00418e180\" tg-width=\"528\" tg-height=\"375\" referrerpolicy=\"no-referrer\"/></p><p>In his book \"Anger Across the Pacific,\" Japanese scholar Kan Ito wrote that some Japanese believe Japan will become the next \"superpower\" and that the government will lead its people to \"end the era of America.\"</p><p>However, these properties belong to giant corporations, conglomerates, speculators, and wealthy foreign businessmen, but they do not belong to the Japanese people.</p><p>In 2020, the Sankei Shimbun reported that the revenue of Japanese overseas subsidiaries had increased by 220% in the past 20 years, while according to OECD statistics, the per capita purchasing power in Japan in 2020 was only US$39,000, an increase of only 4% compared to 1990.</p><p><b>1. Income that remains unchanged for thirty years</b></p><p>After 1900, Japanese investment activities came to an abrupt halt.</p><p>Banks went bankrupt, factories closed down, and mortgages became a disaster, forcing banks rife with non-performing assets to merge and restructure. The sharply rising production costs caused a large number of businesses to go bankrupt, and ordinary people suffered the most—they were laid off in the wave of bankruptcies, their life savings evaporated in the bubble crisis, and they were burdened with heavy mortgages.</p><p>After the collapse of the lifetime employment system and seniority system, the \"corporate slave\" culture, which worked desperately to keep its job, did not originate from Japan's bubble crisis, but it solidified afterward—accepting the exploitation of competition and the gears that prioritize production efficiency became the most helpless choice for Japanese workers.</p><p>However, the tide of social development propelled the Japanese forward, but failed to bring them the rewards they deserved.</p><p><img src=\"https://static.tigerbbs.com/11648f82b27132391bb1a6cef2c3432a\" tg-width=\"528\" tg-height=\"296\" referrerpolicy=\"no-referrer\"/></p><p>In February 2021, the \"Labor Statistics Survey\" released by Japan's Ministry of Health, Labour and Welfare showed that the average monthly salary in Japan in 2020 was 318,299 yen, equivalent to about 19,600 yuan, a year-on-year decrease of 1.2%, marking the largest drop in 12 years.</p><p>This figure was around 350,000 yuan in 1990, when the average annual income of Japanese people was 4.25 million yen. At the exchange rate at the time, the monthly salary was about 11,600 yuan.</p><p>Average annual income, which has remained stagnant for 30 consecutive years, has become Japan's most intense \"birth control pill\".</p><p><b>2. Irreversible aging</b></p><p>In 2020, Japan ranked 11th in the world in terms of total population, marking the first time it had fallen out of the top ten since 1950. From 1974 to 2020, Japan's birth rate dropped from 1.86% to 0.67%, and around 2008 it began to fall into 13 consecutive years of negative population growth.</p><p>Meanwhile, Japan has 36.4 million people aged 65 and above, accounting for 29.1% of the total population.</p><p>Japan's declining birthrate and aging population have led to a severe labor supply shortage and a slowdown in labor productivity growth, resulting in a continued slowdown in economic growth.</p><p>\"From 1961 to 2020, the growth rates of Japan's working-age population and labor productivity changed basically in sync with economic trends. While the average growth rate of Japan's working-age population remained at a high level of 1.6% and the labor productivity growth rate peaked at 8.4% from 1961 to 1975, the average real GDP growth rate also remained at a high level of 7.7%; from 1976 to 1988, the working-age population and labor productivity maintained low growth rates of 0.9% and 3.7% respectively, and the real GDP growth rate also dropped to 4.4%.\" From 1989 to 2020, the growth rates of the working-age population and labor productivity dropped sharply from 0.9% and 4.4% to -0.8% and 1.1%, respectively, while the real GDP growth rate dropped from 5.4% to -4.4%.</p><p>With the working population declining and tax revenue decreasing, the need for pension and other expenses is expanding rapidly. Since 1990, the number of people relying on pensions has been five times that of taxpayers.</p><p><img src=\"https://static.tigerbbs.com/8c92a0dfa8f71abcdb41b554124294a7\" tg-width=\"528\" tg-height=\"302\" referrerpolicy=\"no-referrer\"/></p><p>In 2004, Japan launched pension reform, raising taxes by 0.354% annually. By 2017, taxpayers' pension contributions had accounted for 18.3% of their annual income, becoming a heavy burden on the Japanese people.</p><p>Japan's ranking in the Human Development Index (which measures per capita GDP, education, and healthcare) fell from number one in the world in 1990 to nineteenth in 2020.</p><p>At the same time, the decline in expected income has led to a negative attitude towards life, low material desires, and a lack of motivation among young Japanese people, resulting in the emergence of a \"secluded generation\". According to the definition of Japan's Ministry of Health, Labour and Welfare, secluded people are people who stay at home for more than 6 months and have almost cut off contact with the outside world. According to data from the Cabinet Office's \"Living Conditions Survey\", the number of secluded people aged 15-39 and 40-64 reached 541,000 and 613,000 respectively.</p><p>The consumption and housing demand of the elderly is far lower than that of young people, and young people severely lack the desire to consume, making it difficult for total consumption to increase significantly, and Japan has fallen into a \"low-desire society\".</p><p><b>3. Lifetime QE, but consistently weak.</b></p><p>In 2021, Japan's GDP fell below the \"50s\" with a total GDP of $4,937.4 billion, but it still ranks as the world's third-largest economy, surpassing Europe, which doesn't seem to be bad.</p><p>In reality, Japan's GDP had already reached $5.55 trillion in 1995, when the ratio of Japan's GDP to the United States' GDP was 71.34%. In 2021, this ratio increased to 21.46%.</p><p><img src=\"https://static.tigerbbs.com/0823be1f503a8cdff0d86e9ba57b90cf\" tg-width=\"528\" tg-height=\"231\" referrerpolicy=\"no-referrer\"/></p><p>Compared to its past glory, Japan today is indeed in some difficulty.</p><p>Meanwhile, Japan's macro leverage ratio is also among the highest in the world. According to the latest data from the Bank for International Settlements (BIS), at the end of the second quarter of 2021, the macro leverage ratio among countries was 286.2% in the United States, 284.3% in the Eurozone, and 416.5% in Japan.</p><p>The massive amount of debt stems from Japan's decades-long quantitative easing.</p><p>quantitative easing is an innovation in Japan's financial sector.</p><p>In 1998, the Bank of Japan first began implementing a zero-interest-rate and quantitative easing policy, which regulates economic activity by controlling the money supply.</p><p>In 2013, Bank of Japan Governor Haruhiko Kuroda launched a monetary policy stimulus plan to boost inflation.</p><p>Since 2013, the yen has continued to depreciate against the US dollar, and exports have achieved significant growth. Meanwhile, Japan's benchmark interest rate has been declining steadily, with the 10-year Treasury Bond rate even falling to negative numbers in 2016.</p><p>Meanwhile, the Bank of Japan began to purchase ETFs (exchange-traded funds) on a large scale, with an average annual ETF purchase volume of nearly 4 trillion yen. By 2021, the Bank of Japan held more than 80% of equity ETFs and more than 5% of the total market capitalization of the Tokyo Stock Exchange.</p><p>Although the Nikkei 225 index has strengthened from around 8,000 points in 2012, even breaking through the 30,000-point mark in February 2021, it still seems to be a mirage of bubble prosperity, because the massive amount of base money injected by the Bank of Japan has neither raised inflation nor boosted economic growth.</p><p>In terms of economic structure, apart from core basic raw materials, which still maintain a barrier advantage, Japan's other industries are almost stagnating. The markets in the automotive, shipbuilding, machine tool, and electronics industries are being divided up by countries such as the United States, China, and South Korea, with little achievement in emerging industries.</p><p>Currently, Japan has only 6 unicorn companies, far behind the 554, 180, 64, 43, and 26 companies in the United States, China, India, the United Kingdom, and Germany, all of which are valued at less than $2 billion.</p><p>Meanwhile, Japan's debt expanded rapidly. As of the end of December 2021, Japan's national debt, consisting of Treasury Bond, borrowings and short-term government securities, reached 1,218.4 trillion yen, and the per capita debt of Japanese citizens was approximately 9.71 million yen, equivalent to about 534,573 yuan.</p><p>However, while central banks in the US, UK, and Europe have all begun to tighten their stance, the Bank of Japan has not changed its loose monetary policy.</p><p><b>\"Counter-market\" easing, unlimited money printing, and consecutive declines in the yen</b></p><p>The yen's continuous decline began in March.</p><p>Following the release of the Federal Reserve's rate hike in March, which signaled that it would further increase rate hike and accelerate shrinking balance sheet, both the UK and Europe began to accelerate the tightening of monetary policy. However, the Bank of Japan did the opposite and insisted on maintaining its quantitative easing policy.</p><p>On March 28, the Bank of Japan issued a press release announcing that it would launch a \"continuous fixed-price market operation\" between March 29 and 31 to curb interest rate increases, which involves purchasing an unlimited amount of government bonds from private financial institutions at a specified interest rate.</p><p>On that day, the yen plummeted 1.38%.</p><p>On April 20, less than a month later, the Bank of Japan announced unlimited purchases of 10-year Treasury Bond to defend the 0.25% yield cap on the 10-year Japanese Treasury Bond, further driving the depreciation of the yen.</p><p>Some experts believe that because the depreciation of the yen is beneficial to Japan's export-oriented economy, the Bank of Japan has consistently used a loose monetary environment as an important means to boost market expectations. Especially now that the new fiscal year has just begun, the Bank of Japan is less likely to tighten monetary policy.</p><p>But can easing save the Japanese economy?</p><p>In reality, Japan's trade structure is unstable. Since the Abe administration took office and introduced unlimited stimulus policies, total exports have declined continuously from 2012 to 2015, and only maintained a trade surplus in 2016 and 2017.</p><p><img src=\"https://static.tigerbbs.com/2b2490580bd25519041d5aef1bb5c3c0\" tg-width=\"525\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/></p><p>The recent surge in global crude oil and raw material prices, coupled with the depreciation of the yen, has increased costs for Japanese companies and broadened the channels for imported inflation. Meanwhile, according to data from the OECD's \"Value-Added Trade Statistics,\" Japan's domestic added value has fallen from 94% in 1995 to 83% in 2018, a decrease of 11%. It is becoming increasingly difficult for Japan's related high-value-added products and services to offset their ever-increasing production costs.</p><p>The only beneficiaries were domestic Japanese speculators. With the Federal Reserve's significant intervention, US Treasury yields continued to soar, and the interest rate differential between the US, Japan, and Treasury Bond became increasingly large. As a result, domestic speculators began to short the yen on a large scale, using the yen to buy US Treasury bonds for arbitrage.</p><p>What about ordinary people?</p><p>Rising prices have led to increased living costs and weakened consumer power, and the \"lost thirty years\" seem to be about to be postponed again. The depreciation of the yen, which the Bank of Japan has deemed \"beneficial to the economy,\" has never effectively boosted Japan's economic growth for many years. Instead, it has prevented the Japanese economy from escaping from large-scale monetary easing policies for more than a decade.</p><p>Thirty years ago, then-central bank governor Yasushi Mie No warned the government: A country must not survive by inflating economic bubbles, otherwise it will be a great harm to the country.</p><p>Shortly after he took office, Japan implemented a tight monetary policy, significantly increasing loan interest rates and proactively bursting the bubble. This hard landing plunged Japan into decades of depression, but it is often regarded by later generations as a decisive act of \"cutting off one's own arm\".</p><p>However, the car in front has overturned, and the rest is unknown.</p><p>Thirty years later, Japan still seems to be the same Japan.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/vyE5FKltsfEpcN7v5P6r4w\">风暴眼工作室</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ab6491f7a764c5c5f68017952b8c2931","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/vyE5FKltsfEpcN7v5P6r4w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172335974","content_text":"7月8日，日本前首相安倍晋三遭遇枪击的消息震惊全世界。据央视报道，当地时间8日，日本前首相安倍晋三当天上午在奈良发表演讲时中枪 。据悉，安倍晋三在上救护车时还有意识，目前安倍晋三已经没有生命体征。日元汇率也受到了影响，截至7月8日11：30，美元兑日元跌幅扩大至0.47%，报135.37，日元有所升值。安倍遇刺，日元为何会突然升值？或许与其任期内力主推动的“安倍经济学”有关。安倍晋三2012年底上台后加速实施的一系列刺激经济政策，最值得注目的就是宽松货币政策，日元汇率开始加速贬值。今年以来，日元汇率持续下跌态势更加明显。6月13日，日元兑美元汇率一度跌破135日元兑换1美元关口，创下约24年的新低。而从2021年初至今的一年多时间内，日元相对美元已经大幅贬值超过25%。作为传统避险货币持续大跌，让日债和日元资产开始被大幅抛售。虽然日本央行行长黑田东彦重申了他的观点，即日本央行必须维持其大规模刺激计划，以支撑脆弱的经济复苏。但对于普通日本人，脆弱的经济复苏是否需要用日元的大幅贬值来支撑还是值得商榷，毕竟日本作为一个进口大国，能源对外依存度高达88%，粮食自给率仅有37%。日元贬值带来的大宗商品价格抬升，将直接影响市民的生活。尤其是大幅宽松了这么多年，可从1990年日本经济崩溃以来，日本平均年GDP增长率不足1%。宽高了房产、宽起了物价，独独没有宽起来居民的可支配收入，人们多少缺乏点信心。在已经经历了“失落的十年”、\"失落的二十年\"、“失落的三十年”之后，日本的失落眼看着要奔向亚特兰蒂斯的那个时间维度去了。第四个十年，日本又是否能绝地翻盘呢？安倍和他的“安倍经济学”虽然安倍晋三在2020年8月就已经辞任首相，但日元如今的大幅贬值却和他的“安倍经济学”联系紧密。2012年底，安倍晋三再次担任日本首相，随即抛出“拼经济”路线，被媒体热炒为“安倍经济学”。所谓“安倍经济学”，是通过实验性质的货币政策(简称QQE)、积极财政政策和经济结构改革来解决日本经济问题的政策组合。包括“三大策略”：其一，提出日本史上最大规模的量化宽松（QE）货币政策，央行每月购买国债7.5万亿日元；其二，突破前任政府预算总额70万亿日元的扩张性财政政策；其三，囊括《跨太平洋战略经济伙伴协定》（TPP）、放松管制以唤起民间投资和促进创新等在内的一揽子增长战略。安倍经济学是为了解决1990年代以后日本经济不断低迷而做出的最新努力。那么实施效果如何呢？全球宏观投机的一篇分析文章指出，安倍经济学是一个伟大的经济实验，日本金融家和政治家打破成见，用结构调整、财政和货币政策三管齐下的方法提升日本潜在经济增长率，克服通货紧缩。实验的前三年，获得了相当成功。文章同时也指出，“安倍经济学”2016到2020年则表现暗淡。新冠疫情冲击下部分安倍经济学的目标得以实现，尤其是通胀预期、日元汇率、真实利率和股票价格等，但是同期的潜在产出成长并不佳，证明了结构改革推进不力。中国社会科学院日本研究所副所长张季风认为，安倍在经济治理上的成绩大家有目共睹，但是也有较为严重的问题。其中最严重的问题就是财政状况困难，这个局面始终没有得到改变。中国现代国际关系研究院东北亚研究所副研究员刘云认为，若仅从日本GDP来看，会有所误解，认为安倍经济学不太成功。但如果从整体上看，日本经济是一个向上的姿态，例如日本的工资有增加、大企业利润增速不错，所以日本经济形势是有所好转的。“失落”始于1990“安倍经济学”的初衷是为了挽救日本持续低迷的经济。而“失落的十年”最早被提出，则是1990年日本股市泡沫破灭。在这场让日本一蹶不振的泡沫大破灭之前的十数年，日本曾是“缔造奇迹的国家”。从早期的棉纺织等劳动密集型企业开始积累资本，再到后来以制造业为核心产业，积极扩大投资、引进国外先进技术，从战后的废墟里迅速重建起本国的工业体系。到1964年，东京奥运会更是成为衔接日本经济发展转型的重要标志，由于大规模基建对钢铁的需求以及奥运会开幕对彩电的需求，日本的钢铁、机电行业蓬勃发展，日本经历了一个完整的“用衬衫换飞机”到“日本制造”的发展阶段。1965年，日本输出美国的钢铁占到了美国进口总量一半，1968年，日本成为了仅次美国的世界第二大经济体。与此同时，日本牢牢抓住了新一代的产业革命，汽车、钢铁、电信、半导体、制药全面制霸美国市场，日立、NEC、富士通、三菱和东芝群雄并起。而美国在当年对日的连年贸易赤字中，产业巨头们一片连年亏损，英特尔甚至一度濒临倒闭。在被日货打得找不着北的窘境之下，美国不顾脸面地发起了一场国人如今看起来很眼熟的贸易战——从1981年开始，行销全球的日系汽车开始被美国课以重税，并且在出口额度上被加以限制。同时，美国以日方“存在倾销行为”为由对日本的电脑、电视等高科技产品征收100%的关税，日本的半导体被设置出口价格下限、日本的芯片被征收100%惩罚性关税。美国议员直播砸碎日本产品此外，日系企业的高管被以“产业间谍罪”为名拘捕，日本被美国指责为“汇率操纵国”、从美国窃取知识产权，并被要求加大对美国农产品的进口力度、取消对外企不利的贸易条款、让日本在纺织品、钢铁、电视和机床等行业都实行自愿出口限制，同时进行工厂转移和产业升级……在不断指责日本通过国家扶持产业政策的同时，美国却在1988年出台新的贸易法，启用“超级301”条款——公然立法干预日本的产业与贸易政策，迫使日本进行制度性改革。1989年日美开始“日美结构协议”谈判，就经济政策、制度及企业行为等进行磋商，促使日本在流通体制、商业惯例等方面进行开放性改革：例如把住房作为战略性产业，进一步开放流通体制；进一步开放国内市场，按照自由贸易的原则重组进出口体制。截至1989年，美国贸易代表总计向日本发起了24例301条款案件调查，几乎全部由日本政府做出了让步。同时，由于1985年美国、日本、联邦德国、法国和英国达成的“广场协议”，日元兑美元汇率被迫大幅升值。1987年10月的“黑色星期一”之后，日元升值到120日元/美元，1988年度升幅高达90%。广场协议签订现场大幅升值的日元对以出口型经济为主的日本造成了毁灭性的打击，生产成本急剧上涨、优质企业开始逃向海外，为了应对汇率危机，日本政府开始大幅降息，寄希望于“发钱”让企业可以低成本去投资办厂。可实际上，由于实业回报周期过长，低利率贷出大量的日元并没有被投入到到实体经济，货币市场的充裕流动性，随着日元在广场协议后大幅升值的“强势”开始大量流入房市、股市以及奢侈品市场。1986 年开始，日本飞速膨胀的经济繁荣被称为“平成景气”，1985年末日经225股价指数收于13083点， 1989年末收于38916点，四年间日经225指数累计上涨197.45%，并且股票总市值继续膨胀至896万亿日元，占日本当年国民生产总值的60%。80年代的日本街头东京的地价则是坐地飞升，日本天皇的东京皇居土地价格就超过了整个法国的土地估价；银座地区一张1万日元的纸币扔在地上，也买不到它所覆盖的那一小片土地。同时，日本人成了全球最大的奢侈品消费国，他们横扫全球的手表店、珠宝店以及红酒酒庄，外资银行与证券公司在日本市场数钱数到手软。与经济现实完全背离的大批股指沽空期权之后，是泡沫膨胀到极致时爆发。1990年10月，日本长达5年的牛市结束，股市暴跌63.24%，创造了日本股市历史上最大的下跌幅度。次年，楼市暴跌65%，破产企业层出不穷，失业人群人数激增，整个国家财富缩水了近50%。同时，短期的大幅衰退让无数来不及抽身的普通人被各项资本投资标的物“套牢”，一场经济大洗牌让全社会的财富被转移至少数赢家手中。此后，日本经济开始长期处于低迷状态。日经平均指数由1989年12月29日历史高位38957，到2008年10月29日最低6994.9，累积跌幅逾82%，其后4年日经平均指数仍然始终徘徊在10,000点左右。也就是从90年代末开始，日本经济“失去的十年””开始不断见诸报端，并至今难题未解。三十年里，日本具体失去了什么？2010年，由于日本经济仍无起色，媒体开始提出日本经济“失去的二十年”。实际上，“二十年”依旧不是日本经济颓靡的终点。自38957的日经225指数历史最高收盘点位开始算起，此后一路下行，期间多次跌至1万点一下，直至2017年才止跌。2022年7月7日收盘，日经225指数收盘报26490.53点，距其最高点仍有一万多点的差距。那个让日元急剧升值的“广场协议”，被许多人认为是日本泡沫经济引发大萧条的根源。但对于这次大萧条的分析中，对于广场协议的批判并不是一致的。原日本大藏省副相行天丰雄甚至亲自出面驳斥过这一观点。因为在1985年~1990年，借强势日元下的海外投资，日本海外净资产从1万多亿美元上升到3万多亿美元，也就是所谓的“日本之外，还有一个日本”——日元10年升值300%的同时，是生产成本与人力成本的巨幅抬升。为了保持自己的竞争力，大量日企不得不将目光投向海外，这使得日企资本急速外流。升值迅速的日元与日渐焦灼的日美贸易战也助推了这一外流——强势的日元方便日企投资收购海外企业，同时在外建厂可以绕开美国对“日本制造”的制裁。从1985年到1990年，日本企业总共进行了21起500亿日元以上的巨型海外并购案。1989年，三菱公司14亿美元买下的洛克菲勒中心、松下60亿美元买下的美国环球影业、索尼公司以34亿美元买下哥伦比亚影片公司——其中包括漫威如今都没能收回的蜘蛛侠版权；日本人甚至雄心壮志地要将美国买成“日本的第四十一个县”，为什么从洛杉矶洲际酒店70楼看去的城市那么像东京？因为当年日本人买下了这里一半的地产。日本学者伊藤感在《横跨太平洋的愤怒》中写到，一些日本人相信日本会成为下一个\"超级大国\"，政府会带领民众\"终结美国的时代\"。只是这些地产，属于巨企、属于财团、属于投机者、属于外籍富商，但独独不属于日本的人民。2020年《产经新闻》报道，日本海外当地法人的营收在近20年内增长了220%，而按照OECD的统计数据，日本2020年的人均购买力水平仅为3.9万美元，比1990年仅增长了4%。1、三十年不动的收入1900年以后，日本的投资活动戛然而止。银行破产、工厂倒闭、房贷成灾，充斥着不良资产的银行不得不合并重组；剧烈抬升的生产成本让企业大批倒闭，最惨的还是普通人——在倒闭潮中被裁员、一辈子的积蓄在泡沫危机中挥发、还要背上沉重的房贷。而在终身雇佣制和年功序列崩解后，为了保住工作而拼命加班，“社畜”文化虽然不诞生于日本的泡沫危机，但却在这之后得到了固化——接受竞争和生产效率至上的齿轮对自己的压榨，成了日本打工人最无奈的选择。但社会发展的洪流推进着日本人前进，却没能给他们应有的回报。2021年2月，日本厚生劳动省发布的“勤劳统计调查”显示，日本2020年的人均月薪为31万8299日元，约合1.96万元人民币，同比减少1.2%，创下12年以来最大降幅。而这一数字在1990年时是35万元左右，当时的日本人平均年收入是425万日元，以当时的汇率计算，月薪约合1.16万人民币。连续30年“原地踏步”的平均年收入，成了日本最猛烈的“避孕药”。2、难以逆转的老龄化2020年，日本总人口居世界11位，是1950年以来首次跌出前十。从1974到2020年，日本出生率由1.86%降至0.67%，在2008年左右开始陷入连续13年的人口负增长。同时，日本65岁及以上老年人口达3640万，在总人口中所占比例达29.1%。少子老龄化，导致日本陷入严重的劳动力供给不足、劳动生产率增速趋缓，进而使经济增速持续放缓：“1961-2020年日本劳动年龄人口增速、劳动生产率增速与经济走势基本同步变化。伴随1961-1975年日本劳动年龄人口平均增速维持在1.6%的高位、劳动生产率增速达到8.4%峰值，实际GDP平均增速也维持在7.7%的高位；1976-1988年劳动年龄人口、劳动生产率分别维持0.9%、3.7%的低速增长，实际GDP增速也降至4.4%；1989-2020年劳动年龄人口、劳动生产率增速分别从0.9%、4.4%大幅降至-0.8%、1.1%，实际GDP增速从5.4%降至-4.4%。”在劳动人口下降，税收不断减少的情况下，需要支出的养老金等费用却在急速扩大，自1990年起，依附养老金生活的人数已经是纳税人的5倍。2004年日本启动了养老金改革，每年以0.354%的涨幅提高税收，到2017年纳税人缴纳的养老金已占到个人年收入的18.3%，成了日本民众沉重的负担。日本人类发展指数的排名（测量人均GDP，教育，以及医疗），则从1990年的世界第一掉落至2020年的世界第十九。同时，日本年轻人因预期收入下降而形成的生活态度消极、物质欲望低下、缺乏奋斗动力的风气，由此产生“蛰居族”。根据日本厚生劳动省定义，蛰居族为持续6个月以上待在家里不出门，几乎和外界断绝联系的人群，根据日本内阁府《生活状况相关调查》数据，15-39岁、40-64岁人口蛰居族分别达54.1、61.3万人。老年人的消费和购房需求远低于年轻人，年轻人又严重缺乏消费欲望，使得总消费难以大幅提升，日本陷入“低欲望社会”。3、终身QE，却始终乏力2021年，日本以49374亿美元的GDP总量跌下“5字头”，但依旧是傲视欧洲，名列世界第三大经济体的经济大国，看起来似乎并不差。但实际上，日本1995年GDP就已经达到了5.55万亿美元，当时日本GDP与美国GDP的比率是71.34%，2021年，这个比率变成了21.46%。与过往的辉煌相比，如今的日本确实有些困窘。同时，日本的宏观杠杆率也在全球领先。国际清算银行（BIS）最新数据显示，2021 年二季度末，各国宏观杠杆率中美国为286.2%、欧元区为284.3%，而日本为416.5%。庞大的债务规模来源于日本数十年的量化宽松。量化宽松，是日本在融领域的一个创新。1998年，日本央行本央行第一次开始实行零利率和量化宽松政策，即通过对通货供应量的控制来调节经济活动。2013年，日本央行行长黑田东彦推出提振通胀的货币政策刺激计划。从2013年开始，日元兑美元持续贬值，出口实现了较大幅度增长；同时日本基准利率一路下行，十年期国债利率在2016年甚至下降至负数。同时日本央行开始大规模购入ETF(交易所交易基金)，年均ETF购买规模接近4万亿日元，到2021年，日本央行持有股票占股票ETF的80%以上，占东京证券交易所总市值的5%以上。虽然日经225指数从2012年的八千点附近，一路走强，在2021年2月甚至突破了三万点大关，但这似乎仍然是一场镜花水月的泡沫化繁荣，因为日本央行注入的巨量基础货币既没有拉高通胀率，也没有拉动经济增长。经济结构上，日本除核心基础原材料依然保持壁垒优势，其他产业几乎都在裹足不前。汽车、造船、机床、电子产业的市场都在被美、中、韩等国瓜分，新兴产业上更是少有建树。目前日本独角兽企业数量仅6家，大幅落后于美、中、印、英、德、的554、180、64、43、26家，且估值均小于20亿美元。同时，日本的债务急剧扩张，截至2021年12月底，由国债、借款及政府短期证券构成的日本国家债务达到1218.4万亿日元，日本国民人均负债约为971万日元，约合人民币53万4573元。但在美、英、欧等央行均已开始紧缩步伐的当下，日本央行却仍旧未改变宽松的货币政策。“逆市”宽松、无限量印钞、日元连跌日元的连跌始于3月份。在3月美联储加息落地，并释放后续将加大加息幅度和加快缩表的信号后，英、欧均开始加速收紧货币政策，但日本央行却反其道而行之，坚持维持量化宽松政策。3 月 28 日，日本央行发布新闻稿宣布，将在3月 29-31 日间，发动抑制利率上升的“连续性指定价格市场操作”措施，即以指定的利率，无限量从民间金融机构手中收购公债。当天，日元汇率重挫1.38％。4月20日，不到一个月的时间内日本央行又宣布无限量购买10年期国债，以捍卫10年期日本国债0.25%的收益率上限，再度推动了日元的贬值。有专家认为，由于日元贬值有利于日本以出口为导向的经济，日本央行一直将宽松的货币环境作为提振市场预期的重要手段，尤其是在刚刚进入新财年的当下，日本央行更难有可能收紧货币政策。但宽松能挽救日本经济吗？实际上，日本贸易结构并不稳定，自安倍政府上台推出无限刺激政策后，出口总额在2012~2015年连续下降，仅2016、2017年两年保持了贸易顺差状态。近期全球原油和原材料价格飙升，日元贬值更是抬高了日本企业的成本，拓宽了输入型通胀的渠道。同时，根据OECD发布的“附加值贸易统计”数据显示，日本国内创造的附加值已经从1995年的94％降至2018年的83％，降低了11％，日本相关高附加值产品和服务已经越来越难抵消其不断提升的生产成本。唯一得益的，是日本本土的投机者们，随着美联储大幅落地，美债收益率持续飙涨，美日国债利差已经越来越大，于是本土的投机者们开始大规模沽空日元，借日元买美债的套利。对于老百姓来说呢？物价提升导致生活成本上升、消费力削弱，“失落的三十年”似乎又要延期——被日本央行认定“有利于经济”的日元贬值，多年来从未有效提振过日本的经济增长，反而让日本经济十数年来无法从大规模金融缓和政策中脱出。三十年前，时任央行行长三重野康告诫政府：一个国家绝对不能靠吹经济泡沫生存，否则将是国家的大害。于是在他上台不久后日本就实行了紧缩性的货币政策，大幅度提高了贷款利率，主动刺破泡沫。这场硬着陆让日本陷入了数十年的萧条，却也常被后人视为“壮士断腕”的果决。只是前车已覆，后未知更。三十年过去，日本似乎还是那个日本。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1633,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070069328,"gmtCreate":1656984521764,"gmtModify":1676535927042,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070069328","repostId":"1119476715","repostType":4,"repost":{"id":"1119476715","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":1656984078,"share":"https://ttm.financial/m/news/1119476715?lang=en_US&edition=fundamental","pubTime":"2022-07-05 09:21","market":"hk","language":"zh","title":"Hong Kong stocks open | Hang Seng Index opens 1.02% higher, Hang Seng Tech Index rises 1.54%","url":"https://stock-news.laohu8.com/highlight/detail?id=1119476715","media":"老虎资讯综合","summary":"7月5日讯，隔夜美股休市，欧股涨跌不一。港股高开，恒指涨1.02%，国指涨1.24%，恒生科技指数涨1.54%。盘面上，大型科技股普涨，阿里巴巴涨约3%，美团、快手、百度、小米、京东均涨超1%；有色金","content":"<p><html><head></head><body>July 5th - US stocks were closed overnight, while European stocks were mixed. Hong Kong stocks opened higher, with the Hang Seng Index up 1.02%, the Hang Seng Index up 1.24%, and the Hang Seng Tech Index up 1.54%.<img src=\"https://static.tigerbbs.com/8236cd34704b719e471771cf8724f0b6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/>On the market, large-cap technology stocks generally rose.<a href=\"https://laohu8.com/S/09988\">Alibaba</a>Meituan, Kuaishou, and others rose about 3%.<a href=\"https://laohu8.com/S/09888\">Baidu</a>Xiaomi<a href=\"https://laohu8.com/S/09618\">JD.com</a>Both rose by more than 1%; Non-ferrous metal stocks, gas stocks, sporting goods stocks, and automotive supply chain stocks all rose, with net profits expected to double in the first half of the year.<a href=\"https://laohu8.com/S/300748\">gold force permanent magnet</a>The stock opened nearly 6% higher and performed well, with some catering and education stocks, which had been sluggish throughout yesterday, rising. On the other hand, biopharmaceutical stocks, which surged yesterday, showed mixed performance, while tourism and film stocks declined significantly.<a href=\"https://laohu8.com/S/02391\">graffiti intelligence</a>It opened 1.35% higher on its first day of trading, with an issue price of HK$19.3 per share.</p><p></body></html></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>Hong Kong stocks open | Hang Seng Index opens 1.02% higher, Hang Seng Tech Index rises 1.54%</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\">\nHong Kong stocks open | Hang Seng Index opens 1.02% higher, Hang Seng Tech Index rises 1.54%\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\">2022-07-05 09:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>July 5th - US stocks were closed overnight, while European stocks were mixed. Hong Kong stocks opened higher, with the Hang Seng Index up 1.02%, the Hang Seng Index up 1.24%, and the Hang Seng Tech Index up 1.54%.<img src=\"https://static.tigerbbs.com/8236cd34704b719e471771cf8724f0b6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/>On the market, large-cap technology stocks generally rose.<a href=\"https://laohu8.com/S/09988\">Alibaba</a>Meituan, Kuaishou, and others rose about 3%.<a href=\"https://laohu8.com/S/09888\">Baidu</a>Xiaomi<a href=\"https://laohu8.com/S/09618\">JD.com</a>Both rose by more than 1%; Non-ferrous metal stocks, gas stocks, sporting goods stocks, and automotive supply chain stocks all rose, with net profits expected to double in the first half of the year.<a href=\"https://laohu8.com/S/300748\">gold force permanent magnet</a>The stock opened nearly 6% higher and performed well, with some catering and education stocks, which had been sluggish throughout yesterday, rising. On the other hand, biopharmaceutical stocks, which surged yesterday, showed mixed performance, while tourism and film stocks declined significantly.<a href=\"https://laohu8.com/S/02391\">graffiti intelligence</a>It opened 1.35% higher on its first day of trading, with an issue price of HK$19.3 per share.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{"513600":"恒生指数ETF南方","02833":"恒指ETF","HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119476715","content_text":"7月5日讯，隔夜美股休市，欧股涨跌不一。港股高开，恒指涨1.02%，国指涨1.24%，恒生科技指数涨1.54%。盘面上，大型科技股普涨，阿里巴巴涨约3%，美团、快手、百度、小米、京东均涨超1%；有色金属股、燃气股、体育用品股、汽车产业链股纷纷上涨，上半年净利预增翻倍，金力永磁高开近6%表现较佳，昨日全天萎靡的餐饮股、教育股部分走高。另一方面，昨日大涨的生物医药股走势分化，旅游及影视股下跌明显。涂鸦智能上市首日高开1.35%，发行价19.3港元/股。","news_type":1,"symbols_score_info":{"513600":0.9,"02833":0.9,"HHImain":0.9,"MHImain":0.9,"HSImain":0.9,"HSI":0.9,"HSTECH":0.9,"MCHmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045499636,"gmtCreate":1656639507525,"gmtModify":1676535868958,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9045499636","repostId":"1112286268","repostType":4,"isVote":1,"tweetType":1,"viewCount":1643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045499960,"gmtCreate":1656639485950,"gmtModify":1676535868981,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9045499960","repostId":"1160228150","repostType":4,"repost":{"id":"1160228150","kind":"news","weMediaInfo":{"introduction":"提供来自华尔街的观点，观察市场，提供独道的解读视角。","home_visible":1,"media_name":"老虎锐评","id":"1005414032","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1656594403,"share":"https://ttm.financial/m/news/1160228150?lang=en_US&edition=fundamental","pubTime":"2022-06-30 21:06","market":"us","language":"zh","title":"Pre-market observation: \"Safe-haven assets\" are falling, what signals are released","url":"https://stock-news.laohu8.com/highlight/detail?id=1160228150","media":"老虎锐评","summary":"今年上半年除了原油或者能源股票，所有的资产都在跌价。","content":"<p><html><head></head><body><b>Capital market performance in the first half of the year</b></p><p>Luxury furniture store RH suddenly lowered its revenue target of 0-2% growth for the year (forecast 4 weeks ago) to negative 5% growth due to a sharp drop in demand. Furniture store slashing expectations means two things are happening: (1) society's spending power is declining; (2) The real estate market is starting to cool. Recently, a phenomenon is very obvious. Just over a month after the first quarter quarterly report (the first quarter quarterly report from April to May), the company cut its expectations. The speed at which this attitude has changed has surprised many people, so Wall Street's prediction that the US economy will enter a recession is also unfounded (unfounded means that metaphorical news and rumors are not spread entirely without reason, but the media nowadays use the word in reverse).</p><p>The following table is a summary of the performance of various sectors of S&P 500 and other assets in the first half of the year.</p><p><img src=\"https://static.tigerbbs.com/83b6b896e098802afffd3da0854fed8a\" tg-width=\"638\" tg-height=\"357\" width=\"100%\" height=\"auto\"/></p><p>Among the 11 sectors of the S&P 500, the top three and last three ranks are consistent in both the first and second quarters. The top three have always been energy, utilities and consumer goods, while the bottom three have always been technology, communications and optional consumption.</p><p>In the first quarter, U.S. stocks fell, mainly due to the market's adjustment to the Federal Reserve's interest rate hike. The quarterly report in the first quarter (for the business performance in the fourth quarter of last year) did not have many problems. In the second quarter, US stocks fell. In addition to the Federal Reserve's reasons, there were also many thunderstorms in the company's quarterly report (for the first quarter of this year). However, the relative nouns have not changed much (the top 3 are still the top 3, and the bottom 3 are still the bottom 3). First, it shows the predictive role of the market (the thunderstorm trend in the second quarter was predicted in the first quarter), and second, it shows that the company's quarterly report has little effect on the stock price, and the stock follows the macro.</p><p>Let's start making a judgment now. It is difficult to say whether the performance of the sector in the next quarter will continue the performance of the first half of the year. If crude oil prices continue to be high and the Fed's interest rate policy becomes more hawkish, then the top three and bottom three ranks may remain unchanged. However, if the crude oil price falls back and the Fed's interest rate policy stops increasing, then the performance of the sector may drop, and the last three become the top three, and the top three become the bottom three, reversing each other. It is just that the price of crude oil and the policy of the Federal Reserve are unknown now, and further observation signals need to be observed (such as Russia's withdrawal from Snake Island this morning, the next CPI index).</p><p>From the above table, we also noticed a phenomenon. In the first half of this year, except for crude oil or energy stocks, all assets were falling in price, and investors had no place to hide at all, especially gold, which has always been claimed to have a safe-haven function, and its performance was also very poor. This phenomenon is different from the financial crisis in 2008. When the stock market was falling slowly, gold was gradually rising. The white line in the figure below is S&P 500, and the yellow line is gold. The time is 2007-2009.</p><p><img src=\"https://static.tigerbbs.com/32469b4295340470516bf6f4730ae933\" tg-width=\"654\" tg-height=\"337\" width=\"100%\" height=\"auto\"/></p><p>At present, the market has not shown any \"hedging\" phenomenon, and the \"hedging assets\" gold and US bonds are falling. Although the concept of crude oil is rising, energy does not have hedging function and the risk of energy is greater. That is to say, although it has fallen for half a year, the market has not admitted defeat, and it still thinks there is an opportunity.</p><p>It depends on how the macro signal moves forward.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-market observation: \"Safe-haven assets\" are falling, what signals are released</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-market observation: \"Safe-haven assets\" are falling, what signals are released\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1005414032\">\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\">老虎锐评 </p>\n<p class=\"h-time smaller\">2022-06-30 21:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Capital market performance in the first half of the year</b></p><p>Luxury furniture store RH suddenly lowered its revenue target of 0-2% growth for the year (forecast 4 weeks ago) to negative 5% growth due to a sharp drop in demand. Furniture store slashing expectations means two things are happening: (1) society's spending power is declining; (2) The real estate market is starting to cool. Recently, a phenomenon is very obvious. Just over a month after the first quarter quarterly report (the first quarter quarterly report from April to May), the company cut its expectations. The speed at which this attitude has changed has surprised many people, so Wall Street's prediction that the US economy will enter a recession is also unfounded (unfounded means that metaphorical news and rumors are not spread entirely without reason, but the media nowadays use the word in reverse).</p><p>The following table is a summary of the performance of various sectors of S&P 500 and other assets in the first half of the year.</p><p><img src=\"https://static.tigerbbs.com/83b6b896e098802afffd3da0854fed8a\" tg-width=\"638\" tg-height=\"357\" width=\"100%\" height=\"auto\"/></p><p>Among the 11 sectors of the S&P 500, the top three and last three ranks are consistent in both the first and second quarters. The top three have always been energy, utilities and consumer goods, while the bottom three have always been technology, communications and optional consumption.</p><p>In the first quarter, U.S. stocks fell, mainly due to the market's adjustment to the Federal Reserve's interest rate hike. The quarterly report in the first quarter (for the business performance in the fourth quarter of last year) did not have many problems. In the second quarter, US stocks fell. In addition to the Federal Reserve's reasons, there were also many thunderstorms in the company's quarterly report (for the first quarter of this year). However, the relative nouns have not changed much (the top 3 are still the top 3, and the bottom 3 are still the bottom 3). First, it shows the predictive role of the market (the thunderstorm trend in the second quarter was predicted in the first quarter), and second, it shows that the company's quarterly report has little effect on the stock price, and the stock follows the macro.</p><p>Let's start making a judgment now. It is difficult to say whether the performance of the sector in the next quarter will continue the performance of the first half of the year. If crude oil prices continue to be high and the Fed's interest rate policy becomes more hawkish, then the top three and bottom three ranks may remain unchanged. However, if the crude oil price falls back and the Fed's interest rate policy stops increasing, then the performance of the sector may drop, and the last three become the top three, and the top three become the bottom three, reversing each other. It is just that the price of crude oil and the policy of the Federal Reserve are unknown now, and further observation signals need to be observed (such as Russia's withdrawal from Snake Island this morning, the next CPI index).</p><p>From the above table, we also noticed a phenomenon. In the first half of this year, except for crude oil or energy stocks, all assets were falling in price, and investors had no place to hide at all, especially gold, which has always been claimed to have a safe-haven function, and its performance was also very poor. This phenomenon is different from the financial crisis in 2008. When the stock market was falling slowly, gold was gradually rising. The white line in the figure below is S&P 500, and the yellow line is gold. The time is 2007-2009.</p><p><img src=\"https://static.tigerbbs.com/32469b4295340470516bf6f4730ae933\" tg-width=\"654\" tg-height=\"337\" width=\"100%\" height=\"auto\"/></p><p>At present, the market has not shown any \"hedging\" phenomenon, and the \"hedging assets\" gold and US bonds are falling. Although the concept of crude oil is rising, energy does not have hedging function and the risk of energy is greater. That is to say, although it has fallen for half a year, the market has not admitted defeat, and it still thinks there is an opportunity.</p><p>It depends on how the macro signal moves forward.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9e51dca4aea5a4f4975d48e2264c0446","relate_stocks":{".DJI":"道琼斯"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160228150","content_text":"资本市场上半年表现奢侈家具店RH突然将年内收入目标0-2%增长（4周前预测）降低为负增长5%，原因是需求大幅下降。家具店削减预期意味着两件事正在发生：（1）社会的消费能力在下降；（2）房地产市场开始变冷。最近有一个现象非常明显，1季度季报（4-5月出1季度季报）刚过一个多月，公司就削减预期。这个态度的转变速度之快让很多人出乎意料，所以华尔街预测美国经济进入衰退也是空穴来风（空穴来风的意思是比喻消息和谣言的传播不是完全没有原因的，但是现在的媒体都把这个词反着用）。下表是标普500各个板块，以及其它资产上半年的表现汇总。在标普500的11个板块中，前3名和最后3名，无论在1季度还是2季度名次都很一致。前3名一直是能源、公用事业和日用消费品，而后3名一直是是科技、通信和可选消费。1季度美股下跌，主要原因是市场对美联储的升息做出的调整，1季度出来的季报（针对去年4季度的业务表现）没有太多问题。2季度美股下跌，除了美联储的原因以外，公司季报（针对今年1季度）暴雷的也不少。但是相对名词没有太大变化（前3名还是前3名，倒数3名还是倒数3名），一来说明了市场的预测作用（1季度就预测到了2季度的暴雷趋势），二来说明了公司季报对于股价的作用小，股票跟着宏观走。现在就开始下判断，下一个季度板块表现是否会延续上半年的表现还比较难说。如果原油价格继续高企，同时美联储利率政策更加鹰派，那么前3名后3名位次可能不变。但如果原油价格回落，美联储利率政策不再加码，那么板块的表现可能会掉个，后3名变成前3名，前3名变成后3名，相互反转。只是原油价格和美联储政策现在都不明，需要进一步观察信号（比方说今早俄罗斯从蛇岛撤军，下一个CPI指数）。从上面这个表中，还注意到一个现象，今年上半年除了原油或者能源股票，所有的资产都在跌价，投资人完全没有躲藏的地方，特别是一向号称有避险功能的黄金，表现也很差。这个现象和2008年金融危机不一样，当年股市在缓慢下跌的时候，黄金是在逐步上涨，下图白线是标普500，黄线是黄金，时间是2007-2009。现在市场还没有呈现出任何“避险”的现象，“避险资产”黄金美债都在下跌，原油概念虽然上涨，但能源不具备避险功能且能源的风险更大。也就是说，尽管跌了半年，市场还没有认输，还是认为有机会。就看宏观信号怎么向前发展。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1950,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045407961,"gmtCreate":1656639359953,"gmtModify":1676535868895,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9045407961","repostId":"1176657955","repostType":4,"repost":{"id":"1176657955","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":1656487457,"share":"https://ttm.financial/m/news/1176657955?lang=en_US&edition=fundamental","pubTime":"2022-06-29 15:24","market":"hk","language":"zh","title":"Reminder: US stocks will be closed on July 4th due to the US Independence Day holiday.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176657955","media":"老虎资讯综合","summary":"请留意具体时间，提前安排好您的投资计划。","content":"<p><html><head></head><body>Dear Investors:</p><p>On the anniversary of the establishment of the Hong Kong Special Administrative Region (and the anniversary of Hong Kong's return to China),<b>The Hong Kong stock market will be closed for one day on Friday, July 1.</b>。 In addition, due to the US Independence Day holiday,<b>The US stock market will be closed for one day on Monday, July 4.</b>。 Please pay attention to the specific time and plan your investment plan in advance.</p><p><img src=\"https://static.tigerbbs.com/b85335b584c40ee97169a866b3eb10b6\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p>Wishing you success in your investment</p><p>Tiger Brokers</p><p><b>Market closure arrangement</b></p><p><b>US stocks</b></p><p>The market will be closed on Monday, July 4, and will reopen as usual on Tuesday, July 5.</p><p><b>Hong Kong Stocks</b></p><p>The market will be closed on July 1st (Friday) and will reopen as usual on July 4th (Monday).</p><p><b>A-shares</b></p><p>Trade as usual.</p><p><b>Shanghai-Hong Kong Stock Connect and Shenzhen-</b></p><p>Services will be closed from June 30 (Thursday) to July 1 (Friday), and will resume as usual from July 4 (Monday).</p><p><b>Hong Kong Stock Connect</b></p><p>Services will not be available on Friday, July 1st, but will resume as usual on Monday, July 4th.</p><p><b>Singapore stock market, Australian market</b></p><p>Trade as usual.</p><p><b>Background Introduction</b></p><p><b>Anniversary of the establishment of the Hong Kong Special Administrative Region</b></p><p>The anniversary of Hong Kong's return to China falls on July 1st each year. The government of the Hong Kong Special Administrative Region of the People's Republic of China was established on July 1, 1997. From then on, this day became the anniversary of Hong Kong's return to China.</p><p>2022 marks the 25th anniversary of Hong Kong's return to the motherland.</p><p><img src=\"https://static.tigerbbs.com/f228e2be416213ddd5f57b144bf15712\" tg-width=\"860\" tg-height=\"570\" referrerpolicy=\"no-referrer\"/></p><p><b>American Independence Day</b></p><p>Independence Day (also known as the Fourth of July or July Fourth) is one of the major statutory holidays in the United States. It falls on July 4th each year to commemorate the formal adoption of the Declaration of Independence by the Continental Congress in Philadelphia on July 4, 1776.</p><p></body></html></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>Reminder: US stocks will be closed on July 4th due to the US Independence Day holiday.</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; 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}\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\">\nReminder: US stocks will be closed on July 4th due to the US Independence Day holiday.\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\">2022-06-29 15:24</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Dear Investors:</p><p>On the anniversary of the establishment of the Hong Kong Special Administrative Region (and the anniversary of Hong Kong's return to China),<b>The Hong Kong stock market will be closed for one day on Friday, July 1.</b>。 In addition, due to the US Independence Day holiday,<b>The US stock market will be closed for one day on Monday, July 4.</b>。 Please pay attention to the specific time and plan your investment plan in advance.</p><p><img src=\"https://static.tigerbbs.com/b85335b584c40ee97169a866b3eb10b6\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p>Wishing you success in your investment</p><p>Tiger Brokers</p><p><b>Market closure arrangement</b></p><p><b>US stocks</b></p><p>The market will be closed on Monday, July 4, and will reopen as usual on Tuesday, July 5.</p><p><b>Hong Kong Stocks</b></p><p>The market will be closed on July 1st (Friday) and will reopen as usual on July 4th (Monday).</p><p><b>A-shares</b></p><p>Trade as usual.</p><p><b>Shanghai-Hong Kong Stock Connect and Shenzhen-</b></p><p>Services will be closed from June 30 (Thursday) to July 1 (Friday), and will resume as usual from July 4 (Monday).</p><p><b>Hong Kong Stock Connect</b></p><p>Services will not be available on Friday, July 1st, but will resume as usual on Monday, July 4th.</p><p><b>Singapore stock market, Australian market</b></p><p>Trade as usual.</p><p><b>Background Introduction</b></p><p><b>Anniversary of the establishment of the Hong Kong Special Administrative Region</b></p><p>The anniversary of Hong Kong's return to China falls on July 1st each year. The government of the Hong Kong Special Administrative Region of the People's Republic of China was established on July 1, 1997. From then on, this day became the anniversary of Hong Kong's return to China.</p><p>2022 marks the 25th anniversary of Hong Kong's return to the motherland.</p><p><img src=\"https://static.tigerbbs.com/f228e2be416213ddd5f57b144bf15712\" tg-width=\"860\" tg-height=\"570\" referrerpolicy=\"no-referrer\"/></p><p><b>American Independence Day</b></p><p>Independence Day (also known as the Fourth of July or July Fourth) is one of the major statutory holidays in the United States. It falls on July 4th each year to commemorate the formal adoption of the Declaration of Independence by the Continental Congress in Philadelphia on July 4, 1776.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3877d7f890a3e97cbb441a2ccfdf29da","relate_stocks":{".DJI":"道琼斯","HSI":"恒生指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176657955","content_text":"尊敬的投资者：因香港特别行政区成立纪念日（暨香港回归纪念日），港股市场于7月1日（周五）休市一天。此外，因美国独立日假期，美股市场将于7月4日（周一）休市一天。请留意具体时间，提前安排好您的投资计划。预祝投资顺利老虎证券休市安排美股7月4日（周一）休市，7月5日（周二）起照常开市。港股7月1日（周五）休市，7月4日（周一）起照常开市。A股照常交易。沪股通、深股通6月30日（周四）至7月1日（周五）不提供服务，7月4日（星期一）起照常开通。港股通7月1日（周五）不提供服务，7月4日（周一）起照常开通。新加坡股市、澳大利亚市场照常交易。背景介绍香港特别行政区成立纪念日暨香港回归纪念日，为每年的7月1日。1997年7月1日，中华人民共和国香港特别行政区政府成立。从此，这一天成为香港回归纪念日。2022年是香港回归祖国25周年。美国独立日独立日（Independence Day，又称Fourth of July或July Fourth）是美国的主要法定节日之一，日期为每年7月4日，以纪念1776年7月4日大陆会议在费城正式通过《独立宣言》。","news_type":1,"symbols_score_info":{"HSI":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1538,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045404590,"gmtCreate":1656639339410,"gmtModify":1676535868881,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"themes":[],"title":"","htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045404590","repostId":"1197380978","repostType":4,"isVote":1,"tweetType":1,"viewCount":1943,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9040465967,"gmtCreate":1655693379059,"gmtModify":1676535687073,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9040465967","repostId":"1194738832","repostType":4,"repost":{"id":"1194738832","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":1655689556,"share":"https://ttm.financial/m/news/1194738832?lang=en_US&edition=fundamental","pubTime":"2022-06-20 09:45","market":"hk","language":"zh","title":"Weekly IPO | Kuaigou Taxi Lists This Week, Tianqi Lithium Passes Hearing","url":"https://stock-news.laohu8.com/highlight/detail?id=1194738832","media":"老虎资讯综合","summary":"过去一周共有6只新股递表，4只新股过聆讯，2只新股招股。其中，A股锂矿巨头天齐锂业即将叩开港交所大门，港交所网站披露的文件显示，天齐锂业通过上市聆讯，具体募资规模尚未披露。其次，美因基因和快狗打车将于","content":"<p><html><head></head><body>In the past week, a total of 6 new stocks were submitted for IPO, 4 new stocks passed the hearing, and 2 new stocks went public. Among them, A-share lithium mining giant Tianqi Lithium is about to open the doors of the Hong Kong Stock Exchange. Documents disclosed on the Hong Kong Stock Exchange website show that Tianqi Lithium has passed the listing hearing, but the specific scale of fundraising has not yet been disclosed. Secondly, Meiyin Gene and Kuaigou Taxi will officially list on the Hong Kong Stock Exchange this week.</p><p><img src=\"https://static.tigerbbs.com/a019e33cb5d1a3b192951a49d2bcaf01\" tg-width=\"889\" tg-height=\"617\" referrerpolicy=\"no-referrer\"/></p><p><b>Ruitai Environmental Protection has submitted its application for listing on the Main Board of the Hong Kong Stock Exchange, with a compound annual growth rate of 156.3% in revenue from 2019 to 2021.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 13, Ruitai Environmental Protection Technology Group Limited has submitted a listing application to the main board of the Hong Kong Stock Exchange, with ICBC International as its sole sponsor.</p><p><img src=\"https://static.tigerbbs.com/e41492666126470eaa5f1ef64882df6c\" tg-width=\"571\" tg-height=\"479\" referrerpolicy=\"no-referrer\"/></p><p>Ruitai Environmental Protection is a one-stop solution provider for solid waste treatment and resource utilization systems in China, focusing on solutions related to construction waste. According to the Frost & Sullivan Report, the market share was 2.1% based on revenue generated in 2021. Based on the total value of contracts awarded for the three years ended December 31, 2021, the company ranked first in China's construction waste treatment and resource utilization system solutions market. When Shanghai was selected by the Chinese government as one of the pilot cities for construction waste treatment-related pilot activities in 2018, the company undertook four of the ten construction waste-related solution projects in Shanghai, demonstrating its position in the Chinese construction waste treatment and resource utilization system solution market.</p><p><b>Huiju Technology has submitted its application for listing on the Hong Kong Stock Exchange's main board, becoming China's second-largest non-state-owned cross-provincial heating</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 15, Huiju Technology Co., Ltd. has submitted a listing application to the main board of the Hong Kong Stock Exchange, with Guotai Junan International as its sole sponsor.</p><p><img src=\"https://static.tigerbbs.com/1e9b7877a36d20341742d15f1e19cad7\" tg-width=\"560\" tg-height=\"513\" referrerpolicy=\"no-referrer\"/></p><p>Huiju Technology is a cross-provincial heating service provider mainly operating in the \"Three-North\" region. According to a Frost & Sullivan report, Huiju Technology was the second largest non-state-owned cross-provincial heating service provider in China in 2021, based on the total actual heating service area of the franchise (by gross floor area). Huiju Technology is principally engaged in the provision of heating services to residential and non-residential heating service customers under concession rights. As at the Latest Practicable Date (June 7, 2022), Huiju Technology's total actual heating service area (in terms of gross floor area) was approximately 39.8 million square meters, accounting for approximately 9.5% of the total concession area of approximately 419.9 million square meters under the Huiju Technology Franchise Agreement. In addition to providing heating services (which is considered a public utility business), Huiju Technology also provides heating-related (i) engineering construction services; and (ii) EMC services.</p><p><b>Laikai Pharmaceutical has filed for listing on the Hong Kong Stock Exchange. It has two core products used to treat prostate cancer and other treatments.</b></p><p>On June 16, Laikai Pharmaceutical Co., Ltd. submitted its listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation (CICC) as the sole sponsor.</p><p><img src=\"https://static.tigerbbs.com/08d84f662eb88a68b07dcb5384b1457d\" tg-width=\"479\" tg-height=\"521\" referrerpolicy=\"no-referrer\"/></p><p>Laikai Pharmaceuticals is a science-driven, patient-centered, clinical-stage global biotechnology company dedicated to bringing breakthrough therapies to cancer and liver fibrosis patients worldwide.</p><p><b>Yibo Financial has submitted its application to the Main Board of the Hong Kong Stock Exchange, holding licenses Nos. 1, 4, and 9.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 17, Yibo Financial Holdings Limited has submitted a listing application to the main board of the Hong Kong Stock Exchange, with Kaisheng Capital Limited and Ping An Capital (Hong Kong) Limited as its joint sponsors.</p><p><img src=\"https://static.tigerbbs.com/5c49400c1949ce9ad53496d393463b49\" tg-width=\"663\" tg-height=\"511\" referrerpolicy=\"no-referrer\"/></p><p>Yibo Financial is a Hong Kong-based financial services provider that offers a wide range of financial and wealth management services to a growing client base, including high-net-worth individuals, corporations and financial institutions. Yibo Financial's financial and wealth management services include (i) sales and advisory services; (ii) asset management services; and (iii) other financial services.</p><p><b>Wuhan Organic Holdings has filed for listing on the Hong Kong Stock Exchange as China's largest producer of benzoic acid and sodium benzoate.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 17, Wuhan Organic Holdings Limited has submitted a listing application to the main board of the Hong Kong Stock Exchange, with BOCOM International acting as the sole sponsor.</p><p><img src=\"https://static.tigerbbs.com/a4e0dc149971c4d31d13922c2a7e6fd7\" tg-width=\"650\" tg-height=\"527\" referrerpolicy=\"no-referrer\"/></p><p>Wuhan Organic Holdings is a toluene derivatives supplier, primarily focusing on the manufacturing of toluene oxidation and chlorination products, benzoic acid ammoniation products, and other fine chemical products. The company's toluene derivatives can be used as food preservatives, household chemicals, animal feed acidifiers, and synthetic intermediates for agrochemical and pharmaceutical applications. Leveraging the company's product development and manufacturing capabilities based in China, its products are sold to more than 70 countries and regions.</p><p><b>Zhuyun Health has passed the Hong Kong Stock Exchange hearing to become China's largest provider of digital chronic disease management solutions.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 13, Zhuyun Health Technology Group passed the Hong Kong Stock Exchange hearing, with Morgan Stanley and JPMorgan Stanley acting as joint sponsors.</p><p><img src=\"https://static.tigerbbs.com/87756829f72b1ddc9300ebfbbe26d2c1\" tg-width=\"849\" tg-height=\"594\" referrerpolicy=\"no-referrer\"/></p><p>Zhiyun Health provides medical supplies and SaaS products to hospitals and pharmacies, digital marketing services to pharmaceutical companies, and online consultations and prescriptions for patients, all revolving around chronic disease management. The company aims to lead China's digital chronic disease management market by providing solutions to all major players in the healthcare value chain, including hospitals, pharmacies, pharmaceutical companies, patients, and doctors. According to the Frost & Sullivan report, based on the number of SaaS deployments in Chinese hospitals and pharmacies as of December 31, 2021, and the number of online prescriptions filled through the company's services in 2021, the company is the largest provider of digital chronic disease management solutions in China.</p><p><b>Minimally Invasive Brain Sciences passed the Hong Kong Stock Exchange hearing; the company's products cover three major areas of neurovascular diseases.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 19, MicroPort Brain Sciences Limited (hereinafter referred to as \"MicroPort Brain Sciences\") passed the listing hearing of the Hong Kong Stock Exchange, with JPMorgan Chase and CICC as joint sponsors.</p><p><img src=\"https://static.tigerbbs.com/d17b7f567b25170cd05bd462a3b0ea02\" tg-width=\"629\" tg-height=\"465\" referrerpolicy=\"no-referrer\"/></p><p>Minimally Invasive Brain Science is a Chinese company in the neurointerventional medical device industry, dedicated to providing innovative solutions to doctors and patients. Since the first product was approved in 2004, as of the Latest Practicable Date, the product portfolio had accumulated a total of 30 products, including ten therapeutic products and three access products approved and commercialized in China and 17 product candidates under development. The company has a comprehensive portfolio of approved therapeutic products covering three major areas of neurovascular diseases, namely hemorrhagic stroke, cerebral atherosclerotic stenosis and acute ischemic stroke.</p><p><b>Tianrun Cloud passed the Hong Kong Stock Exchange listing hearing, achieving a market share of 10.3%.</b></p><p>On the evening of June 17, Tianrun Cloud Co., Ltd. passed the listing hearing of the Hong Kong Stock Exchange. According to a Frost & Sullivan report, the company is China's largest provider of customer contact solutions deployed in public clouds, with a market share of 10.3%, based on 2021 revenue.</p><p><img src=\"https://static.tigerbbs.com/f37cd27b8dc7ab464b501b2f65b5b1ea\" tg-width=\"564\" tg-height=\"600\" referrerpolicy=\"no-referrer\"/></p><p><b>Tianqi Lithium passes the Hong Kong Stock Exchange listing hearing, accelerating its entry into the \"A+H\" era.</b></p><p>On the evening of June 19, documents disclosed on the Hong Kong Stock Exchange website showed that Tianqi Lithium had passed the listing hearing, but the specific scale of fundraising has not yet been disclosed. As is customary in the market, Tianqi Lithium may soon launch its IPO process. According to market sources, the company plans to raise US$1 billion to US$1.2 billion in this IPO, which is expected to become the largest IPO in Hong Kong this year.</p><p><img src=\"https://static.tigerbbs.com/7f0c10e7eaed694541c1a885faefb773\" tg-width=\"921\" tg-height=\"562\" referrerpolicy=\"no-referrer\"/></p><p><b>IPO | Kuaigou Taxi to launch IPO starting on the 14th, entry fee HK$4,343.35</b></p><p>On June 14, Kuaigou Taxi (02246) announced that it will conduct an IPO from June 14 to June 17. The company plans to issue 31.2 million shares, of which 3.12 million will be offered publicly and 28.08 million will be offered internationally. The issue price is HK$21.50 per share, with 200 shares per lot. It is expected to be listed on June 24.</p><p><img src=\"https://static.tigerbbs.com/cf65db8aa349201ba4560927f62f92f4\" tg-width=\"632\" tg-height=\"439\" referrerpolicy=\"no-referrer\"/></p><p><b>IPO | Weili Holdings to launch IPO on the 17th, entry fee HK$2,707</b></p><p>On June 17, it was announced that Weili Holdings Limited will conduct an IPO from June 17 to June 22, 2022, planning to offer 200 million shares globally, 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 offer price ranges from HK$0.63 to HK$0.67 per share, with 4,000 shares per lot, and an entry fee of HK$2,707.00. Grande Capital Limited is its sponsor. The shares are expected to be listed on June 30.</p><p><img src=\"https://static.tigerbbs.com/763237f39d42f0885e2e29b080211736\" tg-width=\"766\" tg-height=\"599\" referrerpolicy=\"no-referrer\"/></p><p><b>What are the investment highlights of Meiyin Gene, China's leading genetic testing and cancer screening company?</b></p><p>Meiyin Gene is China's leading genetic testing platform company, focusing on consumer-grade genetic testing and cancer screening services. Since its inception in 2016 to December 31, 2021, the company has conducted more than 12 million genetic tests, averaging more than 246,000 tests per month in 2021. What are the specific investment highlights of Meiyin Gene?</p><p><img src=\"https://static.tigerbbs.com/eb052bf1eef1cbe83c99c2410e08f2c6\" tg-width=\"750\" tg-height=\"18460\" referrerpolicy=\"no-referrer\"/></p><p></body></html></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>Weekly IPO | Kuaigou Taxi Lists This Week, Tianqi Lithium Passes Hearing</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\">\nWeekly IPO | Kuaigou Taxi Lists This Week, Tianqi Lithium Passes Hearing\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\">2022-06-20 09:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>In the past week, a total of 6 new stocks were submitted for IPO, 4 new stocks passed the hearing, and 2 new stocks went public. Among them, A-share lithium mining giant Tianqi Lithium is about to open the doors of the Hong Kong Stock Exchange. Documents disclosed on the Hong Kong Stock Exchange website show that Tianqi Lithium has passed the listing hearing, but the specific scale of fundraising has not yet been disclosed. Secondly, Meiyin Gene and Kuaigou Taxi will officially list on the Hong Kong Stock Exchange this week.</p><p><img src=\"https://static.tigerbbs.com/a019e33cb5d1a3b192951a49d2bcaf01\" tg-width=\"889\" tg-height=\"617\" referrerpolicy=\"no-referrer\"/></p><p><b>Ruitai Environmental Protection has submitted its application for listing on the Main Board of the Hong Kong Stock Exchange, with a compound annual growth rate of 156.3% in revenue from 2019 to 2021.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 13, Ruitai Environmental Protection Technology Group Limited has submitted a listing application to the main board of the Hong Kong Stock Exchange, with ICBC International as its sole sponsor.</p><p><img src=\"https://static.tigerbbs.com/e41492666126470eaa5f1ef64882df6c\" tg-width=\"571\" tg-height=\"479\" referrerpolicy=\"no-referrer\"/></p><p>Ruitai Environmental Protection is a one-stop solution provider for solid waste treatment and resource utilization systems in China, focusing on solutions related to construction waste. According to the Frost & Sullivan Report, the market share was 2.1% based on revenue generated in 2021. Based on the total value of contracts awarded for the three years ended December 31, 2021, the company ranked first in China's construction waste treatment and resource utilization system solutions market. When Shanghai was selected by the Chinese government as one of the pilot cities for construction waste treatment-related pilot activities in 2018, the company undertook four of the ten construction waste-related solution projects in Shanghai, demonstrating its position in the Chinese construction waste treatment and resource utilization system solution market.</p><p><b>Huiju Technology has submitted its application for listing on the Hong Kong Stock Exchange's main board, becoming China's second-largest non-state-owned cross-provincial heating</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 15, Huiju Technology Co., Ltd. has submitted a listing application to the main board of the Hong Kong Stock Exchange, with Guotai Junan International as its sole sponsor.</p><p><img src=\"https://static.tigerbbs.com/1e9b7877a36d20341742d15f1e19cad7\" tg-width=\"560\" tg-height=\"513\" referrerpolicy=\"no-referrer\"/></p><p>Huiju Technology is a cross-provincial heating service provider mainly operating in the \"Three-North\" region. According to a Frost & Sullivan report, Huiju Technology was the second largest non-state-owned cross-provincial heating service provider in China in 2021, based on the total actual heating service area of the franchise (by gross floor area). Huiju Technology is principally engaged in the provision of heating services to residential and non-residential heating service customers under concession rights. As at the Latest Practicable Date (June 7, 2022), Huiju Technology's total actual heating service area (in terms of gross floor area) was approximately 39.8 million square meters, accounting for approximately 9.5% of the total concession area of approximately 419.9 million square meters under the Huiju Technology Franchise Agreement. In addition to providing heating services (which is considered a public utility business), Huiju Technology also provides heating-related (i) engineering construction services; and (ii) EMC services.</p><p><b>Laikai Pharmaceutical has filed for listing on the Hong Kong Stock Exchange. It has two core products used to treat prostate cancer and other treatments.</b></p><p>On June 16, Laikai Pharmaceutical Co., Ltd. submitted its listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation (CICC) as the sole sponsor.</p><p><img src=\"https://static.tigerbbs.com/08d84f662eb88a68b07dcb5384b1457d\" tg-width=\"479\" tg-height=\"521\" referrerpolicy=\"no-referrer\"/></p><p>Laikai Pharmaceuticals is a science-driven, patient-centered, clinical-stage global biotechnology company dedicated to bringing breakthrough therapies to cancer and liver fibrosis patients worldwide.</p><p><b>Yibo Financial has submitted its application to the Main Board of the Hong Kong Stock Exchange, holding licenses Nos. 1, 4, and 9.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 17, Yibo Financial Holdings Limited has submitted a listing application to the main board of the Hong Kong Stock Exchange, with Kaisheng Capital Limited and Ping An Capital (Hong Kong) Limited as its joint sponsors.</p><p><img src=\"https://static.tigerbbs.com/5c49400c1949ce9ad53496d393463b49\" tg-width=\"663\" tg-height=\"511\" referrerpolicy=\"no-referrer\"/></p><p>Yibo Financial is a Hong Kong-based financial services provider that offers a wide range of financial and wealth management services to a growing client base, including high-net-worth individuals, corporations and financial institutions. Yibo Financial's financial and wealth management services include (i) sales and advisory services; (ii) asset management services; and (iii) other financial services.</p><p><b>Wuhan Organic Holdings has filed for listing on the Hong Kong Stock Exchange as China's largest producer of benzoic acid and sodium benzoate.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 17, Wuhan Organic Holdings Limited has submitted a listing application to the main board of the Hong Kong Stock Exchange, with BOCOM International acting as the sole sponsor.</p><p><img src=\"https://static.tigerbbs.com/a4e0dc149971c4d31d13922c2a7e6fd7\" tg-width=\"650\" tg-height=\"527\" referrerpolicy=\"no-referrer\"/></p><p>Wuhan Organic Holdings is a toluene derivatives supplier, primarily focusing on the manufacturing of toluene oxidation and chlorination products, benzoic acid ammoniation products, and other fine chemical products. The company's toluene derivatives can be used as food preservatives, household chemicals, animal feed acidifiers, and synthetic intermediates for agrochemical and pharmaceutical applications. Leveraging the company's product development and manufacturing capabilities based in China, its products are sold to more than 70 countries and regions.</p><p><b>Zhuyun Health has passed the Hong Kong Stock Exchange hearing to become China's largest provider of digital chronic disease management solutions.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 13, Zhuyun Health Technology Group passed the Hong Kong Stock Exchange hearing, with Morgan Stanley and JPMorgan Stanley acting as joint sponsors.</p><p><img src=\"https://static.tigerbbs.com/87756829f72b1ddc9300ebfbbe26d2c1\" tg-width=\"849\" tg-height=\"594\" referrerpolicy=\"no-referrer\"/></p><p>Zhiyun Health provides medical supplies and SaaS products to hospitals and pharmacies, digital marketing services to pharmaceutical companies, and online consultations and prescriptions for patients, all revolving around chronic disease management. The company aims to lead China's digital chronic disease management market by providing solutions to all major players in the healthcare value chain, including hospitals, pharmacies, pharmaceutical companies, patients, and doctors. According to the Frost & Sullivan report, based on the number of SaaS deployments in Chinese hospitals and pharmacies as of December 31, 2021, and the number of online prescriptions filled through the company's services in 2021, the company is the largest provider of digital chronic disease management solutions in China.</p><p><b>Minimally Invasive Brain Sciences passed the Hong Kong Stock Exchange hearing; the company's products cover three major areas of neurovascular diseases.</b></p><p>According to a disclosure by the Hong Kong Stock Exchange on June 19, MicroPort Brain Sciences Limited (hereinafter referred to as \"MicroPort Brain Sciences\") passed the listing hearing of the Hong Kong Stock Exchange, with JPMorgan Chase and CICC as joint sponsors.</p><p><img src=\"https://static.tigerbbs.com/d17b7f567b25170cd05bd462a3b0ea02\" tg-width=\"629\" tg-height=\"465\" referrerpolicy=\"no-referrer\"/></p><p>Minimally Invasive Brain Science is a Chinese company in the neurointerventional medical device industry, dedicated to providing innovative solutions to doctors and patients. Since the first product was approved in 2004, as of the Latest Practicable Date, the product portfolio had accumulated a total of 30 products, including ten therapeutic products and three access products approved and commercialized in China and 17 product candidates under development. The company has a comprehensive portfolio of approved therapeutic products covering three major areas of neurovascular diseases, namely hemorrhagic stroke, cerebral atherosclerotic stenosis and acute ischemic stroke.</p><p><b>Tianrun Cloud passed the Hong Kong Stock Exchange listing hearing, achieving a market share of 10.3%.</b></p><p>On the evening of June 17, Tianrun Cloud Co., Ltd. passed the listing hearing of the Hong Kong Stock Exchange. According to a Frost & Sullivan report, the company is China's largest provider of customer contact solutions deployed in public clouds, with a market share of 10.3%, based on 2021 revenue.</p><p><img src=\"https://static.tigerbbs.com/f37cd27b8dc7ab464b501b2f65b5b1ea\" tg-width=\"564\" tg-height=\"600\" referrerpolicy=\"no-referrer\"/></p><p><b>Tianqi Lithium passes the Hong Kong Stock Exchange listing hearing, accelerating its entry into the \"A+H\" era.</b></p><p>On the evening of June 19, documents disclosed on the Hong Kong Stock Exchange website showed that Tianqi Lithium had passed the listing hearing, but the specific scale of fundraising has not yet been disclosed. As is customary in the market, Tianqi Lithium may soon launch its IPO process. According to market sources, the company plans to raise US$1 billion to US$1.2 billion in this IPO, which is expected to become the largest IPO in Hong Kong this year.</p><p><img src=\"https://static.tigerbbs.com/7f0c10e7eaed694541c1a885faefb773\" tg-width=\"921\" tg-height=\"562\" referrerpolicy=\"no-referrer\"/></p><p><b>IPO | Kuaigou Taxi to launch IPO starting on the 14th, entry fee HK$4,343.35</b></p><p>On June 14, Kuaigou Taxi (02246) announced that it will conduct an IPO from June 14 to June 17. The company plans to issue 31.2 million shares, of which 3.12 million will be offered publicly and 28.08 million will be offered internationally. The issue price is HK$21.50 per share, with 200 shares per lot. It is expected to be listed on June 24.</p><p><img src=\"https://static.tigerbbs.com/cf65db8aa349201ba4560927f62f92f4\" tg-width=\"632\" tg-height=\"439\" referrerpolicy=\"no-referrer\"/></p><p><b>IPO | Weili Holdings to launch IPO on the 17th, entry fee HK$2,707</b></p><p>On June 17, it was announced that Weili Holdings Limited will conduct an IPO from June 17 to June 22, 2022, planning to offer 200 million shares globally, 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 offer price ranges from HK$0.63 to HK$0.67 per share, with 4,000 shares per lot, and an entry fee of HK$2,707.00. Grande Capital Limited is its sponsor. The shares are expected to be listed on June 30.</p><p><img src=\"https://static.tigerbbs.com/763237f39d42f0885e2e29b080211736\" tg-width=\"766\" tg-height=\"599\" referrerpolicy=\"no-referrer\"/></p><p><b>What are the investment highlights of Meiyin Gene, China's leading genetic testing and cancer screening company?</b></p><p>Meiyin Gene is China's leading genetic testing platform company, focusing on consumer-grade genetic testing and cancer screening services. Since its inception in 2016 to December 31, 2021, the company has conducted more than 12 million genetic tests, averaging more than 246,000 tests per month in 2021. What are the specific investment highlights of Meiyin Gene?</p><p><img src=\"https://static.tigerbbs.com/eb052bf1eef1cbe83c99c2410e08f2c6\" tg-width=\"750\" tg-height=\"18460\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"02246":"快狗打车","09696":"天齐锂业","02372":"伟立控股"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194738832","content_text":"过去一周共有6只新股递表，4只新股过聆讯，2只新股招股。其中，A股锂矿巨头天齐锂业即将叩开港交所大门，港交所网站披露的文件显示，天齐锂业通过上市聆讯，具体募资规模尚未披露。其次，美因基因和快狗打车将于本周正式登陆港交所。瑞泰环保递表港交所主板 2019-2021年收入复合年增长率为156.3%据港交所6月13日披露，瑞泰环保科技集团有限公司向港交所主板递交上市申请，工银国际为其独家保荐人。瑞泰环保是中国一站式固废处理与资源化利用系统解决方案提供商，专注于建筑垃圾相关解决方案。根据弗若斯特沙利文报告，按2021年产生的收入，市场份额为 2.1%。以及截至2021年12月31日止三个年度授予的合同总价值计，公司在中国建筑垃圾处理与资源化利用系统解决方案市场中排名首位。当上海于2018年被中国政府选定为开展建筑垃圾处理相关试点活动的其中一个试点城市时，公司承接了上海十个建筑垃圾相关解决方案项目的其中四个，彰显了公司在中国建筑垃圾处理及资源化利用系统解决方案市场的地位。慧居科技递表港交所主板 为中国第二大非国有跨省供热供应商据港交所6月15日披露，慧居科技股份有限公司向港交所主板递交上市申请，国泰君安国际为其独家保荐人。慧居科技是一家主要在「三北」地区经营的跨省供热服务供应商。根据弗若斯特沙利文报告，以特许经营权的总实际供热服务面积(按建筑面积计)计，慧居科技是2021年中国第二大非国有跨省供热服务供应商。慧居科技主要从事根据特许经营权向居民及非居民供热服务客户提供供热服务。于最后实际可行日期（2022年6月7日），慧居科技的总实际供热服务面积(按建筑面积计)约为39.8百万平方米，占慧居科技特许经营协议的总特许经营面积约419.9百万平方米的约9.5%。除提供供热服务(被视为公用事业业务)外，慧居科技亦提供供热相关(i) 工程施工服务；及(ii) EMC服务。来凯医药递表港交所 旗下有两款核心产品用于治疗前列腺癌等6月16日，来凯医药有限公司向港交所主板递交上市申请，中金公司为独家保荐人。来凯医药是一家以科学为驱动、以患者为中心、处于临床阶段的全球生物科技公司，致力于为全球癌症及肝纤维化患者带来突破性的疗法。意博金融递表港交所主板 持有第1、4、9号牌照据港交所6月17日披露，意博金融控股有限公司向港交所主板递交上市申请，铠盛资本有限公司和中国平安资本(香港)有限公司为其联席保荐人。意博金融是一间香港金融服务供应商，为不断增长的客户基础（包括高净值个人、企业及金融机构）提供广泛金融及财富管理服务。意博金融的金融及财富管理服务包括（i）销售及顾问服务；(ii)资产管理服务；及(iii)其他金融服务。武汉有机控股递表港交所 为中国最大的苯甲酸及苯甲酸钠生产商据港交所6月17日披露，武汉有机控股有限公司向港交所主板递交上市申请，交银国际为独家保荐人。武汉有机控股为一家甲苯衍生品供应商，主要专注于甲苯氧化及氯化产品、苯甲酸氨化产品以及其他精细化工产品制造。公司的甲苯衍生品，可用于食品防腐剂、家用化学品、动物饲料酸化剂以及农业化学及医药用途的合成中间体。凭借公司以中国为总部的产品开发及制造实力，公司产品销往70多个国家及地区。智云健康通过港交所聆讯 为中国最大的数字化慢病管理解决方案提供商据港交所6月13日披露，智云健康科技集团通过港交所聆讯，大摩、小摩为其为联席保荐人。智云健康为医院和药店提供医疗用品和SaaS产品，为制药公司提供数字营销服务，为患者提供在线问诊和处方开具，所有均围绕着慢病管理。公司通过为医疗价值链上的所有主要参与者(包括医院、药店、制药公司、患者和医生)提供解决方案，期望引领中国数字化慢病管理市场。根据弗若斯特沙利文报告，基于截至2021年12月31日止的中国医院和药店SaaS部署量以及截至2021年透过公司的服务开出的在线处方量，公司是中国最大的数字化慢病管理解决方案提供商。微创脑科学通过港交所聆讯 公司产品涵盖神经血管疾病三大领域据港交所6月19日披露，微创脑科学有限公司(简称“微创脑科学”)通过港交所上市聆讯，摩根大通和中金公司为联席保荐人。微创脑科学为神经介入医疗器械行业的中国公司，致力于向医生及患者提供创新解决方案。自首款产品于2004年获得批准起，截至最后实际可行日期，产品组合累积共有30款产品，包括在中国获得批准并商业化的十款治疗产品及三款通路产品以及17款正在开发的候选产品。公司拥有全面的获批准的治疗产品组合，涵盖神经血管疾病的三大领域，即出血性脑卒中、脑动脉粥样硬化狭窄及急性缺血性脑卒中。天润云通过港交所上市聆讯，市场占有率达10.3%6月17日晚间，天润云股份有限公司通过港交所上市聆讯。文件显示，根据灼识咨询报告，以2021年的收入计算，该公司是中国最大的部署于公有云的客户联络解决方案提供商，市场占有率达10.3%。天齐锂业通过港交所上市聆讯，加快步入“A+H”时代6月19日晚，港交所网站披露的文件显示，天齐锂业通过上市聆讯，具体募资规模尚未披露。按照市场惯例，天齐锂业或将很快启动招股程序。据市场消息，公司此次IPO计划募资10亿至12亿美元，有望成为港股年内最大IPO项目。新股发售 | 快狗打车14日起招股，入场费4343.35港元6月14日消息，快狗打车(02246)$发布公告，将于6月14日-6月17日招股，公司拟发行3120万股股份，其中公开发售312万股，国际发售2808万股，每股发行价21.50港元，每手200股，预期将于6月24日上市。新股发售 | 伟立控股17日起招股，入场费2707港元6月17日消息，伟立控股有限公司于2022年6月17日至6月22日招股，拟全球发售2.0亿股，其中香港公开发售占10%，国际发售占90%，另有15%超额配股权；每股发售价介乎0.63-0.67港元，每手4000股，入场费2707.00港元，Grande Capital Limited为其保荐人。该股份预期6月30日挂牌上市。中国领先的基因检测与癌症筛查龙头美因基因，有何投资亮点？美因基因是中国领先的基因检测平台公司，专注于消费级基因检测及癌症筛查服务。自2016年成立以来至2021年12月31日，公司进行了超过1200万次基因检测，2021年平均每月进行逾246,000次检测。美因基因具体有哪些投资亮点呢？","news_type":1,"symbols_score_info":{"09696":1,"02246":0.9,"02372":0.9}},"isVote":1,"tweetType":1,"viewCount":2265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9040462469,"gmtCreate":1655693305951,"gmtModify":1676535687066,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098771786575480","authorIdStr":"4098771786575480"},"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/9040462469","repostId":"1130766759","repostType":4,"repost":{"id":"1130766759","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":1655260917,"share":"https://ttm.financial/m/news/1130766759?lang=en_US&edition=fundamental","pubTime":"2022-06-15 10:41","market":"us","language":"zh","title":"Reminder: US stock markets will be closed on June 20th due to Juneteenth, a US federal holiday.","url":"https://stock-news.laohu8.com/highlight/detail?id=1130766759","media":"老虎资讯综合","summary":"这一节日是美国自1983年的“马丁·路德·金日”以来新增的第一个全国法定节日。","content":"<p><html><head></head><body>Dear Investors:</p><p><b>U.S. stocks will be closed on Monday, June 20.</b>Because June 19th (Sunday) is a federal holiday in the United States (Juneteenth). It's worth noting that this holiday is quite \"young,\" having only been legalized last year, making it the first in the United States since Martin Luther King Jr. Day in 1983.<b>The first newly added national statutory holiday.</b></p><p><img src=\"https://static.tigerbbs.com/f29a163308823ba7a1941858fd5eec00\" tg-width=\"800\" tg-height=\"750\" referrerpolicy=\"no-referrer\"/></p><p>Wishing you success in your investment</p><p>Tiger Brokers</p><p><b>Market closure arrangement</b></p><p><b>US stocks</b></p><p>The market will be closed on Monday, June 20, and will reopen as usual on Tuesday, June 21.</p><p><b>Hong Kong stocks, A-shares, Singapore stock market, Australian market</b></p><p>Trade as usual.</p><p><b>Background Introduction</b></p><p>On June 17, 2021, U.S. President Biden signed an executive order designating June 19 of each year as a national statutory holiday to commemorate the end of slavery in the United States. The holiday is named \"Juneteenth,\" a combination of June and Nineteenth. Chinese officials call this festival \"Juneteenth\".</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10ea0fb2e3d74348973bae50742d5fef\" tg-width=\"500\" tg-height=\"288\" referrerpolicy=\"no-referrer\"/><span>Biden and \"Grandma Juneteenth\" Opal Lee</span></p><p>Perhaps precisely because Juneteenth is so \"young,\" at this time last year, the U.S. SEC (Securities and Exchange Commission) had a \"disagreement\" with the U.S. stock market over this holiday:<b>The SEC is on holiday, while the New York Stock Exchange and Nasdaq are open as usual.</b>The SEC stated, \"Exchanges decide on their own operating status during federal holidays, and we understand that major markets operate during normal hours.\" The NYSE responded at the time that it would assess whether Juneteenth would be closed for the holidays in 2022.</p><p>It appears that such \"disagreements\" will not repeat themselves this year.</p><p><img src=\"https://static.tigerbbs.com/9a9fb37a410b40a0a3403a1cc8cb8e6d\" tg-width=\"1080\" tg-height=\"768\" referrerpolicy=\"no-referrer\"/></p><p></body></html></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>Reminder: US stock markets will be closed on June 20th due to Juneteenth, a US federal holiday.</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\">\nReminder: US stock markets will be closed on June 20th due to Juneteenth, a US federal holiday.\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\">2022-06-15 10:41</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Dear Investors:</p><p><b>U.S. stocks will be closed on Monday, June 20.</b>Because June 19th (Sunday) is a federal holiday in the United States (Juneteenth). It's worth noting that this holiday is quite \"young,\" having only been legalized last year, making it the first in the United States since Martin Luther King Jr. Day in 1983.<b>The first newly added national statutory holiday.</b></p><p><img src=\"https://static.tigerbbs.com/f29a163308823ba7a1941858fd5eec00\" tg-width=\"800\" tg-height=\"750\" referrerpolicy=\"no-referrer\"/></p><p>Wishing you success in your investment</p><p>Tiger Brokers</p><p><b>Market closure arrangement</b></p><p><b>US stocks</b></p><p>The market will be closed on Monday, June 20, and will reopen as usual on Tuesday, June 21.</p><p><b>Hong Kong stocks, A-shares, Singapore stock market, Australian market</b></p><p>Trade as usual.</p><p><b>Background Introduction</b></p><p>On June 17, 2021, U.S. President Biden signed an executive order designating June 19 of each year as a national statutory holiday to commemorate the end of slavery in the United States. The holiday is named \"Juneteenth,\" a combination of June and Nineteenth. Chinese officials call this festival \"Juneteenth\".</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10ea0fb2e3d74348973bae50742d5fef\" tg-width=\"500\" tg-height=\"288\" referrerpolicy=\"no-referrer\"/><span>Biden and \"Grandma Juneteenth\" Opal Lee</span></p><p>Perhaps precisely because Juneteenth is so \"young,\" at this time last year, the U.S. SEC (Securities and Exchange Commission) had a \"disagreement\" with the U.S. stock market over this holiday:<b>The SEC is on holiday, while the New York Stock Exchange and Nasdaq are open as usual.</b>The SEC stated, \"Exchanges decide on their own operating status during federal holidays, and we understand that major markets operate during normal hours.\" The NYSE responded at the time that it would assess whether Juneteenth would be closed for the holidays in 2022.</p><p>It appears that such \"disagreements\" will not repeat themselves this year.</p><p><img src=\"https://static.tigerbbs.com/9a9fb37a410b40a0a3403a1cc8cb8e6d\" tg-width=\"1080\" tg-height=\"768\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3beebfa3e0137570abe14d50f470080d","relate_stocks":{".DJI":"道琼斯"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130766759","content_text":"尊敬的投资者：美股将于6月20日（星期一）休市，因为6月19日（星期日）是美国的联邦假日（六月节）。值得一提的是，这一节日相当“年轻”，去年才被合法化，是美国自1983年的“马丁·路德·金日”以来新增的第一个全国法定节日。预祝投资顺利老虎证券休市安排美股6月20日（周一）休市，6月21日（周二）起照常开市。港股、A股、新加坡股市、澳大利亚市场照常交易。背景介绍2021年6月17日，美国总统拜登签署法令，将每年的6月19日定为全国法定节假日以纪念美国奴隶制的终结，节日名称为“Juneteenth”，该名称取自June（六月）和Nineteenth（十九）的组合。中国官方称这一节日为“六月节”。拜登与“六月节祖母”Opal Lee或许正是因为六月节非常“年轻”，去年的这个时候，美国SEC（证券交易委员会）还因为这个节日和美股市场产生了“分歧”：SEC放假，而纽交所和纳斯达克交易所却照常开市。SEC表示：“交易所自行决定联邦假期的运营状态，我们对各主要市场在正常时间内运营表示理解。”纽交所当时回应称，将评估2022年的六月节是否停业过节。目前看来这样的“分歧”今年不会重演了。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9908982375,"gmtCreate":1659312573297,"gmtModify":1676536284447,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"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/9908982375","repostId":"1179267509","repostType":4,"repost":{"id":"1179267509","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":1659308909,"share":"https://ttm.financial/m/news/1179267509?lang=en_US&edition=fundamental","pubTime":"2022-08-01 07:08","market":"sh","language":"zh","title":"Weekly Preview | Earnings reports from Alibaba, Occidental Petroleum, and others are coming! Non-farm payroll data is coming soon.","url":"https://stock-news.laohu8.com/highlight/detail?id=1179267509","media":"老虎资讯综合","summary":"本周（8.1—8.5）重磅财经事件经济数据方面，美国和欧元区7月Markit制造业PMI终值，美国6月耐用品订单月率修正值，美国截至7月29日当周API和EIA原油库存变动，美国截至7月30日当周初请","content":"<p><html><head></head><body>Major financial events this week (August 1-5)</p><p><b>Regarding economic data,</b>The US and the Eurozone in July<a href=\"https://laohu8.com/S/MRKT\">Markit</a>The final reading of the manufacturing PMI, the revised month-on-month reading of US durable goods orders for June, changes in US API and EIA crude oil inventories for the week ending July 29, the number of US initial jobless claims for the week ending July 30, and the US non-farm payrolls and unemployment rate for July.<b>Regarding financial reports,</b><a href=\"https://laohu8.com/S/HBC\">HSBC Holdings</a>、<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>、<a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a>, AMD,<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>And Buffett's new favorite stocks<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>Financial reports will be released successively. In addition,<b>This week, attention should also be paid to the Reserve Bank of Australia's interest rate decision, the Bank of England's interest rate decision, and speeches by officials such as Chicago Fed President Evans and St. Louis Fed President Bullard.</b><img src=\"https://static.tigerbbs.com/ef4a4a9095140ecd3c104ff0ec6ccc64\" tg-width=\"2044\" tg-height=\"1429\" referrerpolicy=\"no-referrer\"/><b>Keywords for Monday, August 1st: Eurozone June unemployment rate, US and Eurozone July Markit manufacturing PMI final readings; HSBC Holdings Financial Report</b><img src=\"https://static.tigerbbs.com/4254af86af01c216719cccd62b67df2c\" tg-width=\"910\" tg-height=\"807\" referrerpolicy=\"no-referrer\"/></p><p>Monday,<b>Regarding economic data,</b>The US and Eurozone will release the final Markit manufacturing PMI readings for July, which are expected to be relatively weak and not much different from the preliminary readings.</p><p>The preliminary reading of the U.S. Markit Manufacturing PMI for July was 52.3, which was better than the expected 52, but lower than the 52.7 reading in June, marking the lowest level since July 2020. In terms of financial reports, as one of the high-dividend stocks in Hong Kong,<a href=\"https://laohu8.com/S/00005.HK\">HSBC Holdings</a>Financial reports will be released; US stocks<a href=\"https://laohu8.com/S/ATVI.US\">Activision Blizzard</a>Earnings reports will also be released after the US stock market closes on August 1.</p><p><a href=\"https://laohu8.com/S/C\">Citi</a>And CICC's forecast<a href=\"https://laohu8.com/S/00005\">HSBC Holdings</a>The forecast for the 2022 interim dividend per ordinary share is US 8 cents, representing a 14.2% increase year-on-year compared to the interim dividend of US 7 cents per ordinary share in the same period last year. According to forecasts from four securities firms, HSBC's benchmark pre-tax profit for the first half of 2022 is expected to be US$7.937 billion to US$8.174 billion, a year-on-year decrease of 24.6% to 26.8% compared to US$10.839 billion in the first half of 2021.<b>Regarding the incident,</b><b>U.S. House Speaker Nancy Pelosi is about to embark on a trip to Asia.</b>According to The Paper, the official website of the Office of the Speaker of the U.S. House of Representatives published Pelosi's itinerary for her trip to Asia, stating that Pelosi led a congressional delegation to visit the Indo-Pacific region, including Singapore, Malaysia, South Korea, and Japan. The statement said the trip will focus on common security, economic partnerships, and*governance in the Indo-Pacific region. Singapore's Ministry of Foreign Affairs said that a U.S. congressional delegation led by Pelosi will visit Singapore from August 1 to 2 to meet with President Halimah and Prime Minister Lee Hsien Loong.</p><p><b>Keywords for Tuesday, August 2nd: Reserve Bank of Australia interest rate decision, Chicago Fed President Evans speaks; Activision Blizzard and BP earnings reports</b><img src=\"https://static.tigerbbs.com/61ec689c6b09a82647586456153aa140\" tg-width=\"907\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>Tuesday,<b>Regarding economic data,</b>The Reserve Bank of Australia will announce its interest rate decision, as well as job openings for JOLTs in the United States.</p><p>In a survey conducted from July 22 to 28, 32 of the 34 economists surveyed predicted that the Reserve Bank of Australia would raise the cash rate by 50 basis points to 1.85%. This will be the first time the Reserve Bank of Australia has rate hike the cash rate by 50 basis points at three consecutive meetings since it was introduced in 1990. The other two economists expect rate hike to be even larger, at 65 or 75 basis points.<b>Regarding the event, Evans hosted a media breakfast, and investors should pay attention to his latest remarks on the economy and the Federal Reserve's monetary policy.</b></p><p><b>In terms of financial reports, US stocks<a href=\"https://laohu8.com/S/BP\">BP</a>、<a href=\"https://laohu8.com/S/SPGI\">S&P Global</a>、<a href=\"https://laohu8.com/S/UBER\">Uber</a></b>Earnings reports will be released before the US stock market opens on August 2nd. In addition, Buffett's new favorite stocks<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>, and<a href=\"https://laohu8.com/S/AMD\">American Supermicro Corporation</a>、<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>Earnings reports will be released after the US stock market closes on August 2.</p><p>On July 27, 2022, Occidental Petroleum announced that it would distribute a regular quarterly Dividend of $0.13 per common share to shareholders on record as of October 17, 2022. In addition, according to 12 analyst reports providing price forecasts for the coming year over the past three months, Occidental Petroleum's average price target is $74.92, with a high of $90.00 and a low of $58.00. according to<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>According to analyst Neil Mehta, Occidental Petroleum continues to hold attractive free cash flow prospects.<b>Keywords for Wednesday, August 3: US June durable goods orders month-on-month revision, API and EIA crude oil inventory changes for the week ending July 29; Occidental Petroleum Financial Report</b><img src=\"https://static.tigerbbs.com/30901e5735d1f1747040191e4b90fc26\" tg-width=\"907\" tg-height=\"1171\" referrerpolicy=\"no-referrer\"/></p><p>Wednesday,<b>Regarding economic data,</b>The United States will release a revised monthly rate of durable goods orders for June.</p><p>U.S. durable goods orders rose 0.7% month-on-month in May, compared to the expected 0.1% and the previous value of 0.50%. U.S. factory durable goods orders rose more than expected in May, indicating that business investment has remained strong so far even amid rising interest rates and heightened economic concerns. In addition,<b>The U.S. API and EIA crude oil inventory changes data for the week ending July 29 are also worth investors' attention.</b></p><p>U.S. API crude oil inventories fell by 4.037 million barrels in the week ending July 22, compared to an expected decrease of 1.12 million barrels. U.S. EIA crude oil inventories fell by 4.523 million barrels in the week ending July 22, far exceeding the expected decrease of 1.037 million barrels, marking the largest drop in U.S. crude oil inventories since the end of May.<b>Regarding the incident,</b>St. Louis Federal Reserve President Bullard addressed money market dealers, and investors should also pay attention.</p><p><b>OPEC+ held its 31st ministerial meeting.</b>OPEC+ will hold its 31st ministerial meeting on August 3 to decide on oil production policy for September. The organization will decide whether to heed the U.S. call to supply more crude oil to the global market. At the 30th ministerial meeting held on June 30, it was decided to raise the average daily oil production forecast for August 2022 by 648,000 barrels.</p><p><b>Regarding financial reports,</b>US stocks<a href=\"https://laohu8.com/S/MRNA\">Modern</a>The earnings report will be released before the US stock market opens on August 3. In addition,<a href=\"https://laohu8.com/S/MGM\">MGM</a>、<a href=\"https://laohu8.com/S/LCID\">Lucid</a>The earnings report will be released after the US stock market closes on August 3.</p><p><b>Regarding new stocks,</b>Hong Kong Stocks<a href=\"https://laohu8.com/S/09857\">Lemon Film & Television</a>IPO subscriptions closed on Wednesday.</p><p><b>Keywords for Thursday, August 4th: Bank of England interest rate decision, US initial jobless claims for the week ending July 30th; Alibaba Financial Report</b><img src=\"https://static.tigerbbs.com/5ef0b87a71a17736a8d2dc2b68db0fef\" tg-width=\"908\" tg-height=\"945\" referrerpolicy=\"no-referrer\"/></p><p>Thursday,<b>Regarding economic data,</b>The Bank of England will announce its interest rate decision.</p><p>The survey suggests that the Bank of England may avoid further rate hike in August and instead stick to a dovish rate hike pace of 25 basis points, but this is a very difficult decision. In addition,<b>The United States will release data on initial and renewed unemployment claims for the week ending July 30.</b></p><p>In the week ending July 23, the number of initial jobless claims in the United States fell by 5,000 to 256,000. A media survey of economists showed that the median number of applicants was expected to be 250,000. As of the week ending July 16, the number of people continuing to apply for unemployment benefits fell to 1.36 million. Although U.S. unemployment claims fell for the first time in four weeks, they remained near their highest level since November of last year, indicating a continued slowdown in the labor market.<b>Regarding the event, the European Central Bank will release an economic bulletin.</b></p><p><b>Tesla held its 2022 annual shareholders meeting.</b>On August 4, Tesla will hold its annual shareholders meeting at its Gigafactory in Texas. The company will also broadcast the event live and is expected to announce updates on the 4680 battery, fully autonomous driving, and its Austin and Berlin factories. The meeting agenda shows that Tesla's board of directors sought to increase the number of authorized common shares to 4 billion.</p><p><b>Regarding financial reports,<a href=\"https://laohu8.com/S/09988\">Alibaba-SW</a>、<a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a></b>The company will release its earnings report before the US stock market opens on August 4.</p><p><a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>Analysts believe that, according to data from the National Bureau of Statistics, my country's total retail sales declined by 11.1% and 6.7% year-on-year in April and May 2022, respectively, with the month-on-month decline narrowing. Online retail sales of physical goods decreased by 5.2% and increased by 7.0% year-on-year, indicating a recovery in online consumption. Revenue for fiscal years 2023-2025 is projected to reach RMB 889.7 billion, RMB 956.8 billion, and RMB 1,021.4 billion, representing year-on-year increases of 4%, 8%, and 7%. We have raised our net profit (Non-GAAP) forecasts for fiscal years 2023-2025 to RMB129.9 billion, RMB147.6 billion, and RMB162.5 billion, representing a year-on-year decrease of 5%, an increase of 14%, and an increase of 10%. The current price corresponds to the company's Hong Kong stock PE (Non-GAAP) of 16 times, 14 times, and 13 times.<b>Keywords for Friday, August 5th: US July non-farm payrolls and unemployment rate; Cleveland Fed President Mester speaks.</b><img src=\"https://static.tigerbbs.com/939f641cb26b9fc3a5d646ffd88fc5f3\" tg-width=\"905\" tg-height=\"904\" referrerpolicy=\"no-referrer\"/>Friday,<b>Regarding economic data,</b>The United States will release its July non-farm payrolls and unemployment rates. The market currently expects non-farm payrolls to increase by 255,000 in July, lower than the previous reading of 372,000, and the unemployment rate to be 3.6%, unchanged from the previous reading.</p><p>Previously, the United States added 372,000 seasonally adjusted non-farm payrolls in June, far exceeding the market expectation of 250,000, continuing the strong momentum of employment growth this year. The unemployment rate was 3.6%, unchanged from May and still near a 50-year low, in line with expectations.<b>Regarding the event, Cleveland Federal Reserve President Mester will speak on monetary policy.</b></p><p></body></html></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>Weekly Preview | Earnings reports from Alibaba, Occidental Petroleum, and others are coming! Non-farm payroll data is coming soon.</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\">\nWeekly Preview | Earnings reports from Alibaba, Occidental Petroleum, and others are coming! Non-farm payroll data is coming soon.\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\">2022-08-01 07:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Major financial events this week (August 1-5)</p><p><b>Regarding economic data,</b>The US and the Eurozone in July<a href=\"https://laohu8.com/S/MRKT\">Markit</a>The final reading of the manufacturing PMI, the revised month-on-month reading of US durable goods orders for June, changes in US API and EIA crude oil inventories for the week ending July 29, the number of US initial jobless claims for the week ending July 30, and the US non-farm payrolls and unemployment rate for July.<b>Regarding financial reports,</b><a href=\"https://laohu8.com/S/HBC\">HSBC Holdings</a>、<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>、<a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a>, AMD,<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>And Buffett's new favorite stocks<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>Financial reports will be released successively. In addition,<b>This week, attention should also be paid to the Reserve Bank of Australia's interest rate decision, the Bank of England's interest rate decision, and speeches by officials such as Chicago Fed President Evans and St. Louis Fed President Bullard.</b><img src=\"https://static.tigerbbs.com/ef4a4a9095140ecd3c104ff0ec6ccc64\" tg-width=\"2044\" tg-height=\"1429\" referrerpolicy=\"no-referrer\"/><b>Keywords for Monday, August 1st: Eurozone June unemployment rate, US and Eurozone July Markit manufacturing PMI final readings; HSBC Holdings Financial Report</b><img src=\"https://static.tigerbbs.com/4254af86af01c216719cccd62b67df2c\" tg-width=\"910\" tg-height=\"807\" referrerpolicy=\"no-referrer\"/></p><p>Monday,<b>Regarding economic data,</b>The US and Eurozone will release the final Markit manufacturing PMI readings for July, which are expected to be relatively weak and not much different from the preliminary readings.</p><p>The preliminary reading of the U.S. Markit Manufacturing PMI for July was 52.3, which was better than the expected 52, but lower than the 52.7 reading in June, marking the lowest level since July 2020. In terms of financial reports, as one of the high-dividend stocks in Hong Kong,<a href=\"https://laohu8.com/S/00005.HK\">HSBC Holdings</a>Financial reports will be released; US stocks<a href=\"https://laohu8.com/S/ATVI.US\">Activision Blizzard</a>Earnings reports will also be released after the US stock market closes on August 1.</p><p><a href=\"https://laohu8.com/S/C\">Citi</a>And CICC's forecast<a href=\"https://laohu8.com/S/00005\">HSBC Holdings</a>The forecast for the 2022 interim dividend per ordinary share is US 8 cents, representing a 14.2% increase year-on-year compared to the interim dividend of US 7 cents per ordinary share in the same period last year. According to forecasts from four securities firms, HSBC's benchmark pre-tax profit for the first half of 2022 is expected to be US$7.937 billion to US$8.174 billion, a year-on-year decrease of 24.6% to 26.8% compared to US$10.839 billion in the first half of 2021.<b>Regarding the incident,</b><b>U.S. House Speaker Nancy Pelosi is about to embark on a trip to Asia.</b>According to The Paper, the official website of the Office of the Speaker of the U.S. House of Representatives published Pelosi's itinerary for her trip to Asia, stating that Pelosi led a congressional delegation to visit the Indo-Pacific region, including Singapore, Malaysia, South Korea, and Japan. The statement said the trip will focus on common security, economic partnerships, and*governance in the Indo-Pacific region. Singapore's Ministry of Foreign Affairs said that a U.S. congressional delegation led by Pelosi will visit Singapore from August 1 to 2 to meet with President Halimah and Prime Minister Lee Hsien Loong.</p><p><b>Keywords for Tuesday, August 2nd: Reserve Bank of Australia interest rate decision, Chicago Fed President Evans speaks; Activision Blizzard and BP earnings reports</b><img src=\"https://static.tigerbbs.com/61ec689c6b09a82647586456153aa140\" tg-width=\"907\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>Tuesday,<b>Regarding economic data,</b>The Reserve Bank of Australia will announce its interest rate decision, as well as job openings for JOLTs in the United States.</p><p>In a survey conducted from July 22 to 28, 32 of the 34 economists surveyed predicted that the Reserve Bank of Australia would raise the cash rate by 50 basis points to 1.85%. This will be the first time the Reserve Bank of Australia has rate hike the cash rate by 50 basis points at three consecutive meetings since it was introduced in 1990. The other two economists expect rate hike to be even larger, at 65 or 75 basis points.<b>Regarding the event, Evans hosted a media breakfast, and investors should pay attention to his latest remarks on the economy and the Federal Reserve's monetary policy.</b></p><p><b>In terms of financial reports, US stocks<a href=\"https://laohu8.com/S/BP\">BP</a>、<a href=\"https://laohu8.com/S/SPGI\">S&P Global</a>、<a href=\"https://laohu8.com/S/UBER\">Uber</a></b>Earnings reports will be released before the US stock market opens on August 2nd. In addition, Buffett's new favorite stocks<a href=\"https://laohu8.com/S/OXY\">Western Petroleum</a>, and<a href=\"https://laohu8.com/S/AMD\">American Supermicro Corporation</a>、<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>Earnings reports will be released after the US stock market closes on August 2.</p><p>On July 27, 2022, Occidental Petroleum announced that it would distribute a regular quarterly Dividend of $0.13 per common share to shareholders on record as of October 17, 2022. In addition, according to 12 analyst reports providing price forecasts for the coming year over the past three months, Occidental Petroleum's average price target is $74.92, with a high of $90.00 and a low of $58.00. according to<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>According to analyst Neil Mehta, Occidental Petroleum continues to hold attractive free cash flow prospects.<b>Keywords for Wednesday, August 3: US June durable goods orders month-on-month revision, API and EIA crude oil inventory changes for the week ending July 29; Occidental Petroleum Financial Report</b><img src=\"https://static.tigerbbs.com/30901e5735d1f1747040191e4b90fc26\" tg-width=\"907\" tg-height=\"1171\" referrerpolicy=\"no-referrer\"/></p><p>Wednesday,<b>Regarding economic data,</b>The United States will release a revised monthly rate of durable goods orders for June.</p><p>U.S. durable goods orders rose 0.7% month-on-month in May, compared to the expected 0.1% and the previous value of 0.50%. U.S. factory durable goods orders rose more than expected in May, indicating that business investment has remained strong so far even amid rising interest rates and heightened economic concerns. In addition,<b>The U.S. API and EIA crude oil inventory changes data for the week ending July 29 are also worth investors' attention.</b></p><p>U.S. API crude oil inventories fell by 4.037 million barrels in the week ending July 22, compared to an expected decrease of 1.12 million barrels. U.S. EIA crude oil inventories fell by 4.523 million barrels in the week ending July 22, far exceeding the expected decrease of 1.037 million barrels, marking the largest drop in U.S. crude oil inventories since the end of May.<b>Regarding the incident,</b>St. Louis Federal Reserve President Bullard addressed money market dealers, and investors should also pay attention.</p><p><b>OPEC+ held its 31st ministerial meeting.</b>OPEC+ will hold its 31st ministerial meeting on August 3 to decide on oil production policy for September. The organization will decide whether to heed the U.S. call to supply more crude oil to the global market. At the 30th ministerial meeting held on June 30, it was decided to raise the average daily oil production forecast for August 2022 by 648,000 barrels.</p><p><b>Regarding financial reports,</b>US stocks<a href=\"https://laohu8.com/S/MRNA\">Modern</a>The earnings report will be released before the US stock market opens on August 3. In addition,<a href=\"https://laohu8.com/S/MGM\">MGM</a>、<a href=\"https://laohu8.com/S/LCID\">Lucid</a>The earnings report will be released after the US stock market closes on August 3.</p><p><b>Regarding new stocks,</b>Hong Kong Stocks<a href=\"https://laohu8.com/S/09857\">Lemon Film & Television</a>IPO subscriptions closed on Wednesday.</p><p><b>Keywords for Thursday, August 4th: Bank of England interest rate decision, US initial jobless claims for the week ending July 30th; Alibaba Financial Report</b><img src=\"https://static.tigerbbs.com/5ef0b87a71a17736a8d2dc2b68db0fef\" tg-width=\"908\" tg-height=\"945\" referrerpolicy=\"no-referrer\"/></p><p>Thursday,<b>Regarding economic data,</b>The Bank of England will announce its interest rate decision.</p><p>The survey suggests that the Bank of England may avoid further rate hike in August and instead stick to a dovish rate hike pace of 25 basis points, but this is a very difficult decision. In addition,<b>The United States will release data on initial and renewed unemployment claims for the week ending July 30.</b></p><p>In the week ending July 23, the number of initial jobless claims in the United States fell by 5,000 to 256,000. A media survey of economists showed that the median number of applicants was expected to be 250,000. As of the week ending July 16, the number of people continuing to apply for unemployment benefits fell to 1.36 million. Although U.S. unemployment claims fell for the first time in four weeks, they remained near their highest level since November of last year, indicating a continued slowdown in the labor market.<b>Regarding the event, the European Central Bank will release an economic bulletin.</b></p><p><b>Tesla held its 2022 annual shareholders meeting.</b>On August 4, Tesla will hold its annual shareholders meeting at its Gigafactory in Texas. The company will also broadcast the event live and is expected to announce updates on the 4680 battery, fully autonomous driving, and its Austin and Berlin factories. The meeting agenda shows that Tesla's board of directors sought to increase the number of authorized common shares to 4 billion.</p><p><b>Regarding financial reports,<a href=\"https://laohu8.com/S/09988\">Alibaba-SW</a>、<a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a></b>The company will release its earnings report before the US stock market opens on August 4.</p><p><a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>Analysts believe that, according to data from the National Bureau of Statistics, my country's total retail sales declined by 11.1% and 6.7% year-on-year in April and May 2022, respectively, with the month-on-month decline narrowing. Online retail sales of physical goods decreased by 5.2% and increased by 7.0% year-on-year, indicating a recovery in online consumption. Revenue for fiscal years 2023-2025 is projected to reach RMB 889.7 billion, RMB 956.8 billion, and RMB 1,021.4 billion, representing year-on-year increases of 4%, 8%, and 7%. We have raised our net profit (Non-GAAP) forecasts for fiscal years 2023-2025 to RMB129.9 billion, RMB147.6 billion, and RMB162.5 billion, representing a year-on-year decrease of 5%, an increase of 14%, and an increase of 10%. The current price corresponds to the company's Hong Kong stock PE (Non-GAAP) of 16 times, 14 times, and 13 times.<b>Keywords for Friday, August 5th: US July non-farm payrolls and unemployment rate; Cleveland Fed President Mester speaks.</b><img src=\"https://static.tigerbbs.com/939f641cb26b9fc3a5d646ffd88fc5f3\" tg-width=\"905\" tg-height=\"904\" referrerpolicy=\"no-referrer\"/>Friday,<b>Regarding economic data,</b>The United States will release its July non-farm payrolls and unemployment rates. The market currently expects non-farm payrolls to increase by 255,000 in July, lower than the previous reading of 372,000, and the unemployment rate to be 3.6%, unchanged from the previous reading.</p><p>Previously, the United States added 372,000 seasonally adjusted non-farm payrolls in June, far exceeding the market expectation of 250,000, continuing the strong momentum of employment growth this year. The unemployment rate was 3.6%, unchanged from May and still near a 50-year low, in line with expectations.<b>Regarding the event, Cleveland Federal Reserve President Mester will speak on monetary policy.</b></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d256e82db1d71c864259845ce1d069bf","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF华安","DUST":"二倍做空黄金矿业指数ETF-Direxion",".SPX":"S&P 500 Index","NUGT":"二倍做多黄金矿业指数ETF-Direxion","BK4521":"英国银行股","GDX":"黄金矿业ETF-VanEck","OXY":"西方石油","BK4207":"综合性银行",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","GLD":"黄金ETF-SPDR","HSBC":"汇丰","BK4201":"综合性石油与天然气企业","IAU":"黄金信托ETF-iShares"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179267509","content_text":"本周（8.1—8.5）重磅财经事件经济数据方面，美国和欧元区7月Markit制造业PMI终值，美国6月耐用品订单月率修正值，美国截至7月29日当周API和EIA原油库存变动，美国截至7月30日当周初请失业金人数，以及美国7月非农和失业率。财报方面，汇丰控股、阿里巴巴、动视暴雪、AMD、PayPal以及巴菲特新晋爱股西方石油将先后发布财报。此外，本周还需关注澳洲联储利率决议，英国央行利率决议，以及芝加哥联储主席埃文斯，圣路易斯联储主席布拉德等官员的讲话。8月1日 周一关键词：欧元区6月失业率，美国和欧元区7月Markit制造业PMI终值；汇丰控股财报周一，经济数据方面，美国和欧元区将公布7月Markit制造业PMI终值，预计相对低迷，和初值相差不大。美国7月Markit制造业PMI初值录得52.3，虽然好于预期的52，但低于6月数值的52.7，创下2020年7月以来最低。财报方面，作为港股高分红股票之一的汇丰控股将会发布财报；美股动视暴雪也将在8月1日美股盘后发布财报。花旗及中金均预测汇丰控股2022年每股普通股中期息预测为8美仙，较去年同期每股普通股中期息7美仙同比升14.2%。综合4间券商预测，汇控2022年上半年列账基准除税前利润预计为79.37-81.74亿美元，较2021年上半年108.39亿美元计，同比下跌24.6%至26.8%。事件方面，美国众议院议长佩洛西即将开启亚洲行。据澎湃新闻报道，美国众议院议长办公室官网公布佩洛西亚洲之行行程，称佩洛西率领一个国会代表团访问印度-太平洋地区，包括访问新加坡、马来西亚、韩国和日本。声明称，此行将重点关注印太地区的共同安全、经济伙伴关系和民主治理。新加坡外交部说，佩洛西率领的美国议会代表团将在8月1日至2日到访新加坡，与哈莉玛总统和李显龙总理会面。8月2日周二关键词：澳洲联储利率决议，芝加哥联储主席埃文斯发表讲话；动视暴雪、英国石油财报周二，经济数据方面，澳洲联储将公布利率决议，以及美国JOLTs职位空缺。在7月22日至28日的调查中，受访的34位经济学家中有32位预测，澳洲联储将把提高现金利率50个基点至1.85%。这将是自1990年引入现金利率以来，澳洲联储首次在连续三次会议上加息50个基点。其余两位经济学家预计加息幅度会更大，为65或75个基点。事件方面，埃文斯主持媒体早餐会，投资者需关注他涉及经济和美联储货币政策的最新言论。财报方面，美股英国石油、标普全球、优步将会在8月2日美股盘前公布财报。此外，巴菲特新晋爱股西方石油，以及美国超微公司、PayPal将会在8月2日美股盘后公布财报。2022年7月27日西方石油宣布，将向截至2022年10月17日在册的股东派发普通股每股0.13美元的定期季度股息。此外，根据最近3个月提供未来一年价格预测的12位分析师报告，西方石油公司的平均目标价为74.92美元，最高为90.00美元，最低为58.00美元。根据高盛分析师Neil Mehta的说法，西方石油公司继续持有有吸引力的自由现金流前景。8月3日周三关键词：美国6月耐用品订单月率修正值，截至7月29日当周API和EIA原油库存变动；西方石油财报周三，经济数据方面，美国将公布6月耐用品订单月率修正值。美国5月耐用品订单月率 0.7%，预期0.1%，前值0.50%。5月份美国工厂耐用品订单增幅高于预期，表明即便在利率上升和对经济担忧加剧的情况下，企业投资迄今仍保持强劲。此外，截至7月29日当周美国API和EIA原油库存变动数据也值得投资者关注。美国至7月22日当周API原油库存减少403.7万桶，预期减少112万桶。美国截至7月22日当周EIA原油库存减少了452.3万桶，远超预期的减少103.7万桶，为5月底以来最大的美国原油库存降幅。事件方面，圣路易斯联储主席布拉德向货币市场经销商发表讲话，投资者也需保持关注。OPEC+举行第31次部长级会议。OPEC+将于8月3日举行第31次部长级会议，决定9月的石油生产政策。该组织将决定是否听取美国的呼吁，为全球市场供应更多原油。在6月30日举行的第30次部长级会议上，曾决定将2022年8月石油总产量日均上调64.8万桶。财报方面，美股Moderna将在8月3日美股盘前发布财报。此外，美高梅、Lucid将在8月3日美股盘后发布财报。新股方面，港股柠萌影视周三结束新股申购。8月4日周四关键词：英国央行利率决议，美国截至7月30日当周初请失业金人数；阿里巴巴财报周四，经济数据方面，英国央行将公布利率决议。调查显示,英国央行8月可能会避免更大幅度的加息，而是坚守25个基点的温和加息步伐，但这是一个非常艰难的决定。此外，美国将公布截至7月30日当周初请、续请失业金人数等数据。截至7月23日当周，美国初次申请失业金人数减少5,000人，至25.6万人。媒体对经济学家进行的调查显示，申请人数的中位数预期25万人。截至7月16日当周，续请失业金人数降至136万人。虽然美国失业金申请人数四周来首次下降，但仍维持在去年11月以来最高水平附近，表明劳动力市场继续放缓。事件方面，欧洲央行将公布经济公报。特斯拉召开2022年年度股东大会。8月4日，特斯拉将在得克萨斯州超级工厂内召开年度股东大会。该公司还将直播这场活动，预计将会公布关于4680电池、全自动驾驶、奥斯汀和柏林工厂的最新消息。会议议程显示，特斯拉董事会寻求将授权普通股的数量增加到40亿股。财报方面，阿里巴巴-SW、康菲石油等将在8月4日美股盘前公布财报。中信证券分析认为，根据国家统计局数据，2022年4/5月我国社零总额同比下滑11.1%/6.7%，环比降幅收窄，实物商品网上零售额同比减少5.2%/增加7.0%，线上消费回暖。预测2023~2025财年收入至8,897亿元/9,568 亿元/10,214 亿元，同比增加4%/增加8%/增加7%；上调2023-2025财年净利润（Non-GAAP）预测至1,299 亿元/1,476 亿元/1,625 亿元，同比减少5%/增加14%/增加10%，现价对应公司港股PE（Non-GAAP）16倍/14倍/13倍。8月5日周五关键词：美国7月非农和失业率，克利夫兰联储主席梅斯特发表讲话周五，经济数据方面，美国将公布公布7月非农和失业率。目前市场预期7月非农增加25.5万，不及37.2万的前值，失业率为3.6%，和前值持平。此前，美国6月季调后新增非农就业人口为37.2万人，远高于市场预期的25万人，延续了今年以来就业增长的强劲势头；失业率为3.6%，与5月持平，仍维持在50年以来的低点附近，符合预期。事件方面，克利夫兰联储主席梅斯特将就货币政策发表讲话。","news_type":1,"symbols_score_info":{"159934":0.9,"518880":0.9,"MGCmain":0.9,"DUST":0.9,".SPX":0.9,"GLD":0.9,".DJI":0.9,"NUGT":0.9,"SGCmain":0.9,"SGUmain":0.9,"GDX":0.9,".IXIC":0.9,"HSBC":0.9,"OXY":0.9,"GCmain":0.9,"SImain":0.9,"IAU":0.9}},"isVote":1,"tweetType":1,"viewCount":5593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045407961,"gmtCreate":1656639359953,"gmtModify":1676535868895,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"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/9045407961","repostId":"1176657955","repostType":4,"repost":{"id":"1176657955","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":1656487457,"share":"https://ttm.financial/m/news/1176657955?lang=en_US&edition=fundamental","pubTime":"2022-06-29 15:24","market":"hk","language":"zh","title":"Reminder: US stocks will be closed on July 4th due to the US Independence Day holiday.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176657955","media":"老虎资讯综合","summary":"请留意具体时间，提前安排好您的投资计划。","content":"<p><html><head></head><body>Dear Investors:</p><p>On the anniversary of the establishment of the Hong Kong Special Administrative Region (and the anniversary of Hong Kong's return to China),<b>The Hong Kong stock market will be closed for one day on Friday, July 1.</b>。 In addition, due to the US Independence Day holiday,<b>The US stock market will be closed for one day on Monday, July 4.</b>。 Please pay attention to the specific time and plan your investment plan in advance.</p><p><img src=\"https://static.tigerbbs.com/b85335b584c40ee97169a866b3eb10b6\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p>Wishing you success in your investment</p><p>Tiger Brokers</p><p><b>Market closure arrangement</b></p><p><b>US stocks</b></p><p>The market will be closed on Monday, July 4, and will reopen as usual on Tuesday, July 5.</p><p><b>Hong Kong Stocks</b></p><p>The market will be closed on July 1st (Friday) and will reopen as usual on July 4th (Monday).</p><p><b>A-shares</b></p><p>Trade as usual.</p><p><b>Shanghai-Hong Kong Stock Connect and Shenzhen-</b></p><p>Services will be closed from June 30 (Thursday) to July 1 (Friday), and will resume as usual from July 4 (Monday).</p><p><b>Hong Kong Stock Connect</b></p><p>Services will not be available on Friday, July 1st, but will resume as usual on Monday, July 4th.</p><p><b>Singapore stock market, Australian market</b></p><p>Trade as usual.</p><p><b>Background Introduction</b></p><p><b>Anniversary of the establishment of the Hong Kong Special Administrative Region</b></p><p>The anniversary of Hong Kong's return to China falls on July 1st each year. The government of the Hong Kong Special Administrative Region of the People's Republic of China was established on July 1, 1997. From then on, this day became the anniversary of Hong Kong's return to China.</p><p>2022 marks the 25th anniversary of Hong Kong's return to the motherland.</p><p><img src=\"https://static.tigerbbs.com/f228e2be416213ddd5f57b144bf15712\" tg-width=\"860\" tg-height=\"570\" referrerpolicy=\"no-referrer\"/></p><p><b>American Independence Day</b></p><p>Independence Day (also known as the Fourth of July or July Fourth) is one of the major statutory holidays in the United States. It falls on July 4th each year to commemorate the formal adoption of the Declaration of Independence by the Continental Congress in Philadelphia on July 4, 1776.</p><p></body></html></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>Reminder: US stocks will be closed on July 4th due to the US Independence Day holiday.</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\">\nReminder: US stocks will be closed on July 4th due to the US Independence Day holiday.\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\">2022-06-29 15:24</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Dear Investors:</p><p>On the anniversary of the establishment of the Hong Kong Special Administrative Region (and the anniversary of Hong Kong's return to China),<b>The Hong Kong stock market will be closed for one day on Friday, July 1.</b>。 In addition, due to the US Independence Day holiday,<b>The US stock market will be closed for one day on Monday, July 4.</b>。 Please pay attention to the specific time and plan your investment plan in advance.</p><p><img src=\"https://static.tigerbbs.com/b85335b584c40ee97169a866b3eb10b6\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p>Wishing you success in your investment</p><p>Tiger Brokers</p><p><b>Market closure arrangement</b></p><p><b>US stocks</b></p><p>The market will be closed on Monday, July 4, and will reopen as usual on Tuesday, July 5.</p><p><b>Hong Kong Stocks</b></p><p>The market will be closed on July 1st (Friday) and will reopen as usual on July 4th (Monday).</p><p><b>A-shares</b></p><p>Trade as usual.</p><p><b>Shanghai-Hong Kong Stock Connect and Shenzhen-</b></p><p>Services will be closed from June 30 (Thursday) to July 1 (Friday), and will resume as usual from July 4 (Monday).</p><p><b>Hong Kong Stock Connect</b></p><p>Services will not be available on Friday, July 1st, but will resume as usual on Monday, July 4th.</p><p><b>Singapore stock market, Australian market</b></p><p>Trade as usual.</p><p><b>Background Introduction</b></p><p><b>Anniversary of the establishment of the Hong Kong Special Administrative Region</b></p><p>The anniversary of Hong Kong's return to China falls on July 1st each year. The government of the Hong Kong Special Administrative Region of the People's Republic of China was established on July 1, 1997. From then on, this day became the anniversary of Hong Kong's return to China.</p><p>2022 marks the 25th anniversary of Hong Kong's return to the motherland.</p><p><img src=\"https://static.tigerbbs.com/f228e2be416213ddd5f57b144bf15712\" tg-width=\"860\" tg-height=\"570\" referrerpolicy=\"no-referrer\"/></p><p><b>American Independence Day</b></p><p>Independence Day (also known as the Fourth of July or July Fourth) is one of the major statutory holidays in the United States. It falls on July 4th each year to commemorate the formal adoption of the Declaration of Independence by the Continental Congress in Philadelphia on July 4, 1776.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3877d7f890a3e97cbb441a2ccfdf29da","relate_stocks":{".DJI":"道琼斯","HSI":"恒生指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176657955","content_text":"尊敬的投资者：因香港特别行政区成立纪念日（暨香港回归纪念日），港股市场于7月1日（周五）休市一天。此外，因美国独立日假期，美股市场将于7月4日（周一）休市一天。请留意具体时间，提前安排好您的投资计划。预祝投资顺利老虎证券休市安排美股7月4日（周一）休市，7月5日（周二）起照常开市。港股7月1日（周五）休市，7月4日（周一）起照常开市。A股照常交易。沪股通、深股通6月30日（周四）至7月1日（周五）不提供服务，7月4日（星期一）起照常开通。港股通7月1日（周五）不提供服务，7月4日（周一）起照常开通。新加坡股市、澳大利亚市场照常交易。背景介绍香港特别行政区成立纪念日暨香港回归纪念日，为每年的7月1日。1997年7月1日，中华人民共和国香港特别行政区政府成立。从此，这一天成为香港回归纪念日。2022年是香港回归祖国25周年。美国独立日独立日（Independence Day，又称Fourth of July或July Fourth）是美国的主要法定节日之一，日期为每年7月4日，以纪念1776年7月4日大陆会议在费城正式通过《独立宣言》。","news_type":1,"symbols_score_info":{"HSI":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1538,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9033387674,"gmtCreate":1646189509547,"gmtModify":1676534102100,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"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/9033387674","repostId":"2216149459","repostType":4,"repost":{"id":"2216149459","kind":"highlight","pubTimestamp":1646176082,"share":"https://ttm.financial/m/news/2216149459?lang=en_US&edition=fundamental","pubTime":"2022-03-02 07:08","market":"us","language":"zh","title":"Biden's State of the Union address: A new plan to combat inflation will be developed, targeting shipping.","url":"https://stock-news.laohu8.com/highlight/detail?id=2216149459","media":"华尔街见闻","summary":"拜登将强调过去一年美国抗击新冠疫情的成就和前景改善，并将因民主党参议员曼钦不支持而停滞的“重建更好”社会支出计划“重新打包和命名”，挑选其中能降低家庭生活成本和抑制通胀飙升的内容希望得到立法批准。为降低消费者价格，白宫还将对全球航运联盟进行监管打击。","content":"<p><html><head></head><body>Abstract: Biden intends to \"repackage and rename\" the \"Build Back Better\" social spending program, which has stalled due to the lack of support from Democratic Senator Manchin, focusing on \"promoting\" content that can reduce the cost of living for families and curb soaring inflation. The White House will also launch a regulatory crackdown on global shipping alliances, shifting the blame for inflation problems to insufficient competition in the shipping industry. On Tuesday, March 1, at 9 p.m. Eastern Time (10 a.m. Beijing Time on March 2), Biden will deliver his first State of the Union address since taking office as U.S. president. CCTV News reported yesterday that Biden will discuss the situation in Ukraine and announce new U.S. domestic policy proposals.</p><p>According to White House officials, in his speech, Biden will emphasize the achievements and improved prospects of the United States in its fight against the COVID-19 pandemic over the past year, and will \"repackage and rename\" the \"Build Back Better\" social spending plan, which was stalled due to the lack of support from Democratic Senator Manchin. He will select elements of the original plan that could reduce the cost of living for families and curb soaring inflation, hoping to obtain legislative approval from Congress.</p><p>His outline of U.S. economic policy for the coming year may focus on expanding the child tax credit, reducing childcare and elderly care costs, lowering healthcare costs and prescription drug negotiation prices, and curbing energy inflation by releasing strategic crude oil reserves in cooperation with other oil-consuming countries. He will \"provide a plan for energy, childcare, and healthcare costs.\"</p><p>It is worth noting that, in terms of reducing the excessively high inflationary costs caused by soaring energy prices,<b>Biden will announce measures to address mergers in the shipping industry, such as a regulatory crackdown on global shipping alliances, which the White House believes will help lower prices for consumers.</b>。</p><p>More than a month ago, CCTV Finance mentioned that the Baltic Freight Rate Index showed that standard freight rates from Asia to North America routes increased sixfold year-on-year in the past year, with the highest quote from Shanghai to Los Angeles surging nearly twelvefold year-on-year. Industry insiders say, \"A box is hard to find, and a box is worth a fortune. For international trade, it will shrink the entire trade market.\"</p><p>At the same time, Biden will also emphasize the positive investment benefits of the $1.2 trillion bipartisan infrastructure support bill signed into law last November, elaborate on how legislative proposals on climate change will reduce costs for low- and middle-income families and create jobs, call on the U.S. Congress to pass the Competitiveness Act to revitalize U.S. high-tech manufacturing and domestic supply chains, and look forward to a new stage of development in the \"post-pandemic era.\"</p><p>White House Press Secretary Jen Psaki said, \"Biden will definitely talk about inflation in his State of the Union address. He is more concerned about people's experiences during periods of high inflation than just viewing it as a statistic.\"</p><p>In addition, Biden will call on both parties in Congress to support the creation of the first Black female Supreme Court justice in the United States, after he nominated Ketanji Brown Jackson to the Supreme Court last week. He may propose measures lawmakers could take to reduce the federal deficit, involving specific actions such as voting rights reform, gun control, and police reform. Democrats also hope to use this speech to build momentum for the November midterm elections.</p><p>Analysts point out that Biden's first State of the Union address came at an awkward time of low domestic approval ratings and international geopolitical turmoil. He faces stagnant social spending and a climate agenda in the United States, as well as inflation that has soared to a 40-year high, which will erode Americans' disposable income and threaten the U.S. economic recovery from the pandemic.</p><p>Recent polls by multiple organizations show that Biden's approval rating among the American public has declined significantly since January 2021, even hitting a new low of less than 40%.</p><p>According to a summary by CCTV News, Americans are particularly dissatisfied with Biden's handling of economic issues. A poll released two days ago found that 58% of Americans oppose Biden's approach to economic issues, 75% have a negative view of the US economy, and 54% believe that the US economy has worsened since Biden took office.</p><p>Biden's speech today will also be seen as proof that the United States has emerged from the worst of the COVID-19 pandemic. The House of Representatives will be nearly full, and those present will be able to choose not to wear masks, a stark contrast to his speech to Congress last year.</p><p>He will also use the number of new jobs in the United States last year to prove that the epidemic is under control. The United States added approximately 6.4 million jobs in 2021, the highest annual growth rate on record, but still 3.6 million fewer jobs than pre-pandemic levels.</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>Biden's State of the Union address: A new plan to combat inflation will be developed, targeting shipping.</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\">\nBiden's State of the Union address: A new plan to combat inflation will be developed, targeting shipping.\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\">2022-03-02 07:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Abstract: Biden intends to \"repackage and rename\" the \"Build Back Better\" social spending program, which has stalled due to the lack of support from Democratic Senator Manchin, focusing on \"promoting\" content that can reduce the cost of living for families and curb soaring inflation. The White House will also launch a regulatory crackdown on global shipping alliances, shifting the blame for inflation problems to insufficient competition in the shipping industry. On Tuesday, March 1, at 9 p.m. Eastern Time (10 a.m. Beijing Time on March 2), Biden will deliver his first State of the Union address since taking office as U.S. president. CCTV News reported yesterday that Biden will discuss the situation in Ukraine and announce new U.S. domestic policy proposals.</p><p>According to White House officials, in his speech, Biden will emphasize the achievements and improved prospects of the United States in its fight against the COVID-19 pandemic over the past year, and will \"repackage and rename\" the \"Build Back Better\" social spending plan, which was stalled due to the lack of support from Democratic Senator Manchin. He will select elements of the original plan that could reduce the cost of living for families and curb soaring inflation, hoping to obtain legislative approval from Congress.</p><p>His outline of U.S. economic policy for the coming year may focus on expanding the child tax credit, reducing childcare and elderly care costs, lowering healthcare costs and prescription drug negotiation prices, and curbing energy inflation by releasing strategic crude oil reserves in cooperation with other oil-consuming countries. He will \"provide a plan for energy, childcare, and healthcare costs.\"</p><p>It is worth noting that, in terms of reducing the excessively high inflationary costs caused by soaring energy prices,<b>Biden will announce measures to address mergers in the shipping industry, such as a regulatory crackdown on global shipping alliances, which the White House believes will help lower prices for consumers.</b>。</p><p>More than a month ago, CCTV Finance mentioned that the Baltic Freight Rate Index showed that standard freight rates from Asia to North America routes increased sixfold year-on-year in the past year, with the highest quote from Shanghai to Los Angeles surging nearly twelvefold year-on-year. Industry insiders say, \"A box is hard to find, and a box is worth a fortune. For international trade, it will shrink the entire trade market.\"</p><p>At the same time, Biden will also emphasize the positive investment benefits of the $1.2 trillion bipartisan infrastructure support bill signed into law last November, elaborate on how legislative proposals on climate change will reduce costs for low- and middle-income families and create jobs, call on the U.S. Congress to pass the Competitiveness Act to revitalize U.S. high-tech manufacturing and domestic supply chains, and look forward to a new stage of development in the \"post-pandemic era.\"</p><p>White House Press Secretary Jen Psaki said, \"Biden will definitely talk about inflation in his State of the Union address. He is more concerned about people's experiences during periods of high inflation than just viewing it as a statistic.\"</p><p>In addition, Biden will call on both parties in Congress to support the creation of the first Black female Supreme Court justice in the United States, after he nominated Ketanji Brown Jackson to the Supreme Court last week. He may propose measures lawmakers could take to reduce the federal deficit, involving specific actions such as voting rights reform, gun control, and police reform. Democrats also hope to use this speech to build momentum for the November midterm elections.</p><p>Analysts point out that Biden's first State of the Union address came at an awkward time of low domestic approval ratings and international geopolitical turmoil. He faces stagnant social spending and a climate agenda in the United States, as well as inflation that has soared to a 40-year high, which will erode Americans' disposable income and threaten the U.S. economic recovery from the pandemic.</p><p>Recent polls by multiple organizations show that Biden's approval rating among the American public has declined significantly since January 2021, even hitting a new low of less than 40%.</p><p>According to a summary by CCTV News, Americans are particularly dissatisfied with Biden's handling of economic issues. A poll released two days ago found that 58% of Americans oppose Biden's approach to economic issues, 75% have a negative view of the US economy, and 54% believe that the US economy has worsened since Biden took office.</p><p>Biden's speech today will also be seen as proof that the United States has emerged from the worst of the COVID-19 pandemic. The House of Representatives will be nearly full, and those present will be able to choose not to wear masks, a stark contrast to his speech to Congress last year.</p><p>He will also use the number of new jobs in the United States last year to prove that the epidemic is under control. The United States added approximately 6.4 million jobs in 2021, the highest annual growth rate on record, but still 3.6 million fewer jobs than pre-pandemic levels.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3653128\">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/a06fb8b1db7037b689423e44b4d5b305","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://wallstreetcn.com/articles/3653128","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2216149459","content_text":"摘要：拜登打算将因民主党参议员曼钦不支持而停滞的“重建更好”社会支出计划“重新打包和命名”，重点“推销”能降低家庭生活成本和抑制通胀飙升的内容。白宫还将对全球航运联盟进行监管打击，将通胀问题“甩锅”海运业竞争不足。3月1日周二美东时间晚9点（北京时间3月2日早10点），拜登将发表其就任美国总统以来的首次国情咨文演讲。央视新闻昨日提到，拜登将谈论乌克兰局势并宣布新的美国国内政策提案。据白宫官员介绍，拜登在演讲中将强调过去一年美国抗击新冠疫情的成就和前景改善，并将因民主党参议员曼钦不支持而停滞的“重建更好”社会支出计划“重新打包和命名”，挑选原计划中能降低家庭生活成本和抑制通胀飙升的内容，希望得到国会立法批准。他勾勒出的未来一年美国经济政策重点可能会放在扩大儿童税收抵免、降低儿童保育和老人看护费用、降低医疗保健成本和处方药谈判价格、通过与其他石油消费国合作释放战略原油储备来打压能源通胀等方面，“将提供关于能源、儿童保育、以及医疗保健成本的一份计划”。值得注意的是，在压降能源价格飙升造成的通胀成本过高方面，拜登将宣布采取措施来解决海运业的兼并问题，例如对全球航运联盟进行监管打击，白宫认为这有助于降低消费者承担的价格。央视财经一个多月前提到，波罗的海运价指数显示，过去一年，从亚洲到北美航线标准运费同比上涨6倍，其中上海到洛杉矶最高报价同比暴涨近12倍。业内人士表示：“一箱难求、一箱万金，对于国际贸易来讲，会让整个贸易市场萎缩。”同时，拜登还将强调去年11月签署成法律生效的1.2万亿美元两党支持基础设施法案投资利好，阐述针对气候变化的立法建议将如何降低中低收入家庭的成本并创造就业机会，呼吁美国国会通过竞争力法案来振兴美国高科技制造业和国内供应链，并展望“后疫情时代”的新发展阶段。白宫新闻发言人珍·普萨基表示：“拜登绝对会在国情咨文演讲中谈到通货膨胀，他更关注人们在高通胀时期的体验，而不是将其仅仅视为统计数据。”此外，拜登将呼吁国会两党共同支持美国诞生第一位黑人女性大法官，上周他提名Ketanji Brown Jackson入选最高法院。他可能会提出立法者可以采取减少联邦赤字的措施，并涉及投票权改革、枪支管制和警察改革等具体行动。民主党还希望借助本次演讲为11月的国会中期选举造势。分析指出，拜登的首份国情咨文演讲，恰好发生在国内支持率低迷和国际地缘政治局势动荡的尴尬时期，他在美国国内面临着停滞不前的社会支出和气候议程，以及飙升至40年高位的通胀，后者将侵蚀美国人的可支配收入，并威胁到美国从疫情中经济复苏。近期多份不同机构的民意调查都显示，美国民众对拜登的支持率自2021月1月显著下降，甚至是再创新低、支持率不足四成。据央视新闻总结，美国人对拜登处理经济问题的方式尤其不满，两天前发表的一份民调称，58%的美国人反对拜登处理经济问题采取的方式、75%的美国人对美国经济持负面评价、54%的美国人认为自拜登上任以来美国经济变得更糟。拜登今日演讲也会被视为美国已走出新冠疫情最严重时期的证明，众议院的听众到场率将接近满员，而且到场的听众可以选择不戴口罩，都与去年他在国会致辞形成鲜明对比。他还会用美国去年新增就业情况来证明疫情得到控制。2021年美国新增约640万个工作岗位，年度增幅创有纪录以来的史上最高，但仍比疫情前水平少了360万个雇用机会。","news_type":1,"symbols_score_info":{".DJI":0,".IXIC":0,".SPX":0}},"isVote":1,"tweetType":1,"viewCount":1499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070069328,"gmtCreate":1656984521764,"gmtModify":1676535927042,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070069328","repostId":"1119476715","repostType":4,"repost":{"id":"1119476715","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":1656984078,"share":"https://ttm.financial/m/news/1119476715?lang=en_US&edition=fundamental","pubTime":"2022-07-05 09:21","market":"hk","language":"zh","title":"Hong Kong stocks open | Hang Seng Index opens 1.02% higher, Hang Seng Tech Index rises 1.54%","url":"https://stock-news.laohu8.com/highlight/detail?id=1119476715","media":"老虎资讯综合","summary":"7月5日讯，隔夜美股休市，欧股涨跌不一。港股高开，恒指涨1.02%，国指涨1.24%，恒生科技指数涨1.54%。盘面上，大型科技股普涨，阿里巴巴涨约3%，美团、快手、百度、小米、京东均涨超1%；有色金","content":"<p><html><head></head><body>July 5th - US stocks were closed overnight, while European stocks were mixed. Hong Kong stocks opened higher, with the Hang Seng Index up 1.02%, the Hang Seng Index up 1.24%, and the Hang Seng Tech Index up 1.54%.<img src=\"https://static.tigerbbs.com/8236cd34704b719e471771cf8724f0b6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/>On the market, large-cap technology stocks generally rose.<a href=\"https://laohu8.com/S/09988\">Alibaba</a>Meituan, Kuaishou, and others rose about 3%.<a href=\"https://laohu8.com/S/09888\">Baidu</a>Xiaomi<a href=\"https://laohu8.com/S/09618\">JD.com</a>Both rose by more than 1%; Non-ferrous metal stocks, gas stocks, sporting goods stocks, and automotive supply chain stocks all rose, with net profits expected to double in the first half of the year.<a href=\"https://laohu8.com/S/300748\">gold force permanent magnet</a>The stock opened nearly 6% higher and performed well, with some catering and education stocks, which had been sluggish throughout yesterday, rising. On the other hand, biopharmaceutical stocks, which surged yesterday, showed mixed performance, while tourism and film stocks declined significantly.<a href=\"https://laohu8.com/S/02391\">graffiti intelligence</a>It opened 1.35% higher on its first day of trading, with an issue price of HK$19.3 per share.</p><p></body></html></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>Hong Kong stocks open | Hang Seng Index opens 1.02% higher, Hang Seng Tech Index rises 1.54%</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\">\nHong Kong stocks open | Hang Seng Index opens 1.02% higher, Hang Seng Tech Index rises 1.54%\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\">2022-07-05 09:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>July 5th - US stocks were closed overnight, while European stocks were mixed. Hong Kong stocks opened higher, with the Hang Seng Index up 1.02%, the Hang Seng Index up 1.24%, and the Hang Seng Tech Index up 1.54%.<img src=\"https://static.tigerbbs.com/8236cd34704b719e471771cf8724f0b6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/>On the market, large-cap technology stocks generally rose.<a href=\"https://laohu8.com/S/09988\">Alibaba</a>Meituan, Kuaishou, and others rose about 3%.<a href=\"https://laohu8.com/S/09888\">Baidu</a>Xiaomi<a href=\"https://laohu8.com/S/09618\">JD.com</a>Both rose by more than 1%; Non-ferrous metal stocks, gas stocks, sporting goods stocks, and automotive supply chain stocks all rose, with net profits expected to double in the first half of the year.<a href=\"https://laohu8.com/S/300748\">gold force permanent magnet</a>The stock opened nearly 6% higher and performed well, with some catering and education stocks, which had been sluggish throughout yesterday, rising. On the other hand, biopharmaceutical stocks, which surged yesterday, showed mixed performance, while tourism and film stocks declined significantly.<a href=\"https://laohu8.com/S/02391\">graffiti intelligence</a>It opened 1.35% higher on its first day of trading, with an issue price of HK$19.3 per share.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{"513600":"恒生指数ETF南方","02833":"恒指ETF","HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119476715","content_text":"7月5日讯，隔夜美股休市，欧股涨跌不一。港股高开，恒指涨1.02%，国指涨1.24%，恒生科技指数涨1.54%。盘面上，大型科技股普涨，阿里巴巴涨约3%，美团、快手、百度、小米、京东均涨超1%；有色金属股、燃气股、体育用品股、汽车产业链股纷纷上涨，上半年净利预增翻倍，金力永磁高开近6%表现较佳，昨日全天萎靡的餐饮股、教育股部分走高。另一方面，昨日大涨的生物医药股走势分化，旅游及影视股下跌明显。涂鸦智能上市首日高开1.35%，发行价19.3港元/股。","news_type":1,"symbols_score_info":{"513600":0.9,"02833":0.9,"HHImain":0.9,"MHImain":0.9,"HSImain":0.9,"HSI":0.9,"HSTECH":0.9,"MCHmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045404590,"gmtCreate":1656639339410,"gmtModify":1676535868881,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"themes":[],"title":"","htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045404590","repostId":"1197380978","repostType":4,"isVote":1,"tweetType":1,"viewCount":1943,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9033555585,"gmtCreate":1646320767389,"gmtModify":1676534116941,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"themes":[],"title":"","htmlText":"🥺","listText":"🥺","text":"🥺","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9033555585","repostId":"2216026484","repostType":4,"repost":{"id":"2216026484","kind":"highlight","pubTimestamp":1646313668,"share":"https://ttm.financial/m/news/2216026484?lang=en_US&edition=fundamental","pubTime":"2022-03-03 21:21","market":"us","language":"zh","title":"Towards the biggest weekly gain since 1960! Global commodities staged a \"skyrocketing\" frenzy","url":"https://stock-news.laohu8.com/highlight/detail?id=2216026484","media":"华尔街见闻","summary":"摘要：布油飙升至近120美元/桶，铝价创下历史新高，锌创2007年以来新高，小麦价格飙升至2008年以来的最高水平......这次大宗商品涨势惊人，标准普尔商品指数年内涨幅达到37%，彭博大宗商品指数","content":"<p><html><head></head><body><b>Abstract: Brent oil soared to nearly $120/barrel, aluminum prices hit a record high, zinc hit a new high since 2007, and wheat prices soared to the highest level since 2008...This commodity rally is amazing, with the S&P commodity index rising 37% during the year, and the Bloomberg commodity index approaching its biggest weekly gain since 1960.</b>It has been a week since the Russia-Ukraine conflict broke out, and the situation in Ukraine is still in a stalemate, and the first round of negotiations between the two sides has not reached an agreement.</p><p>On this occasion,<b>Global commodities staged a surge frenzy</b>, from energy to metals to<a href=\"https://laohu8.com/S/000061\">Agricultural Products</a>The market has been subverted by the Russia-Ukraine conflict.</p><p>European and American sanctions on Russia have escalated and increased, and Russia occupies a pivotal position in the global energy market. The market is worried about Russian supply disruption, and commodity prices have skyrocketed, hitting the highest level since 2008.</p><p>Brent crude surged to nearly $120/barrel, aluminum hit a record high, zinc hit a new high since 2007, and wheat soared to its highest level since 2008...</p><p>The commodity gains were staggering, with the Standard & Poor's commodity index rising 37% during the year,<b>The Bloomberg Commodities Index nears its biggest weekly gain since 1960,</b>The last time such a big increase was under Khrushchev.</p><p><b>Specifically, in terms of energy, oil prices have soared for two consecutive days, with Brent oil rushing to $117 and U.S. oil stations rushing to $114.</b></p><p>As of press time, Brent crude oil futures rose 2.51% to $115.77/barrel, and WTI crude oil futures rose 2.69% to $113.58/barrel.</p><p>In the past two days, due to the hopeless increase of OPEC + production, the worry of Russian supply interruption, and the poor progress of Iranian nuclear negotiations, the market's worries about the shortage of crude oil supply have intensified, and the rising momentum of crude oil has become increasingly rapid.</p><p>The latest news shows that the next round of U.S. sanctions does not rule out restricting Russian oil exports.</p><p>At present, the 60 million barrels of oil reserves agreed to be released by the International Energy Agency IEA in the world can't stop the \"crazy rise\" of international crude oil, while the OPEC + meeting, which lasted only 13 minutes, still decided to \"increase production as planned\".</p><p><b>European gas futures also hit a record high, rising to €197.91/MWh.</b></p><p>Yesterday, European natural gas once jumped as much as 60%, and the TTF benchmark Dutch natural gas futures price once soared to a record high of nearly 195 euros/MWh.</p><p>As mentioned in the previous article, Gazprom said that due to the technical capabilities of pipeline infrastructure, it may limit the daily injection volume. In addition, there is also a risk of damage to the pipeline that transports natural gas from Russia via Ukraine, while Europe will compete increasingly with Asian markets for demand.</p><p>Furthermore, Russia may implement countermeasures to restrict the flow of natural gas to Europe, causing disruption to the gas supply chain.</p><p>According to Kaushal Ramesh, an analyst at Restad Engy, gas prices are likely to be closer to last winter from 2022 to the end of 2023, or will be higher.</p><p><b>In terms of metals, London zinc futures once stood at the $4,000/ton mark, a new high since 2007, and rose by more than 3% in the day.</b></p><p>The increasing probability of further production cuts in zinc smelters in Europe due to high electricity prices, as well as supply concerns, are pushing up the price of the metal.</p><p><b>Three-month aluminum prices soared in London, rising nearly 6% at one point to hit a new high.</b></p><p>Aluminum prices have been rising this week, with Russia's military campaign against Ukraine exacerbating the ongoing shortage of global aluminum supplies. According to the World Bureau of Metals Statistics, there was a shortage of 1.9 million tonnes in the global market last year. Other metal prices are also soaring, with Lun Nickel surging by 8.00% in the day and now trading at $27,950.00/ton.<b>Agricultural futures are also rising, and food inflation is further intensifying.</b></p><p>Chicago wheat futures rose 7.1% to $11.34 a bushel, the highest level in 14 years, again on Thursday. Wheat futures have seen a 50% surge in price over the past month.</p><p>Soaring wheat prices will soon turn into food inflation, including bread and cereal, and may boost feed costs, raising farming costs and spreading to meat prices.</p><p>According to statistics, Russia and Ukraine are the world's largest and fourth largest wheat exporters respectively, and their wheat exports account for more than a quarter of the world's wheat exports.</p><p><b>In addition to wheat, Russia and Ukraine are also major suppliers of corn, barley and sunflower oil, so they are inevitably affected by the dispute.</b>Corn prices have risen to their highest levels since 2012, and soybean and palm oil prices have also hit record highs.</p><p>Scott Irwin, a senior agricultural economist and professor at the University of Illinois, said he expects<b>The conflict will be the biggest shock to global food markets in its lifetime.</b></p><p><b>The Ukraine tension means a dangerous new phase for the global economy and complicates monetary policy decisions by central banks.</b></p><p>Federal Reserve Chairman Powell said at the hearing that the Russia-Ukraine conflict will shake international relations, reshape Western European economies and make the decision-making process more cautious.</p><p><a href=\"https://laohu8.com/S/601099\">Pacific Ocean</a>Greg Sharenow and Andrew DeWitt, portfolio managers at investment managers, mentioned in a blog post,<b>Commodities typically do well late in the economic cycle, as well as during times of global turmoil, and are a good hedge against inflation and conflict.</b></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>Towards the biggest weekly gain since 1960! Global commodities staged a \"skyrocketing\" frenzy</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\">\nTowards the biggest weekly gain since 1960! Global commodities staged a \"skyrocketing\" frenzy\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\">2022-03-03 21:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Abstract: Brent oil soared to nearly $120/barrel, aluminum prices hit a record high, zinc hit a new high since 2007, and wheat prices soared to the highest level since 2008...This commodity rally is amazing, with the S&P commodity index rising 37% during the year, and the Bloomberg commodity index approaching its biggest weekly gain since 1960.</b>It has been a week since the Russia-Ukraine conflict broke out, and the situation in Ukraine is still in a stalemate, and the first round of negotiations between the two sides has not reached an agreement.</p><p>On this occasion,<b>Global commodities staged a surge frenzy</b>, from energy to metals to<a href=\"https://laohu8.com/S/000061\">Agricultural Products</a>The market has been subverted by the Russia-Ukraine conflict.</p><p>European and American sanctions on Russia have escalated and increased, and Russia occupies a pivotal position in the global energy market. The market is worried about Russian supply disruption, and commodity prices have skyrocketed, hitting the highest level since 2008.</p><p>Brent crude surged to nearly $120/barrel, aluminum hit a record high, zinc hit a new high since 2007, and wheat soared to its highest level since 2008...</p><p>The commodity gains were staggering, with the Standard & Poor's commodity index rising 37% during the year,<b>The Bloomberg Commodities Index nears its biggest weekly gain since 1960,</b>The last time such a big increase was under Khrushchev.</p><p><b>Specifically, in terms of energy, oil prices have soared for two consecutive days, with Brent oil rushing to $117 and U.S. oil stations rushing to $114.</b></p><p>As of press time, Brent crude oil futures rose 2.51% to $115.77/barrel, and WTI crude oil futures rose 2.69% to $113.58/barrel.</p><p>In the past two days, due to the hopeless increase of OPEC + production, the worry of Russian supply interruption, and the poor progress of Iranian nuclear negotiations, the market's worries about the shortage of crude oil supply have intensified, and the rising momentum of crude oil has become increasingly rapid.</p><p>The latest news shows that the next round of U.S. sanctions does not rule out restricting Russian oil exports.</p><p>At present, the 60 million barrels of oil reserves agreed to be released by the International Energy Agency IEA in the world can't stop the \"crazy rise\" of international crude oil, while the OPEC + meeting, which lasted only 13 minutes, still decided to \"increase production as planned\".</p><p><b>European gas futures also hit a record high, rising to €197.91/MWh.</b></p><p>Yesterday, European natural gas once jumped as much as 60%, and the TTF benchmark Dutch natural gas futures price once soared to a record high of nearly 195 euros/MWh.</p><p>As mentioned in the previous article, Gazprom said that due to the technical capabilities of pipeline infrastructure, it may limit the daily injection volume. In addition, there is also a risk of damage to the pipeline that transports natural gas from Russia via Ukraine, while Europe will compete increasingly with Asian markets for demand.</p><p>Furthermore, Russia may implement countermeasures to restrict the flow of natural gas to Europe, causing disruption to the gas supply chain.</p><p>According to Kaushal Ramesh, an analyst at Restad Engy, gas prices are likely to be closer to last winter from 2022 to the end of 2023, or will be higher.</p><p><b>In terms of metals, London zinc futures once stood at the $4,000/ton mark, a new high since 2007, and rose by more than 3% in the day.</b></p><p>The increasing probability of further production cuts in zinc smelters in Europe due to high electricity prices, as well as supply concerns, are pushing up the price of the metal.</p><p><b>Three-month aluminum prices soared in London, rising nearly 6% at one point to hit a new high.</b></p><p>Aluminum prices have been rising this week, with Russia's military campaign against Ukraine exacerbating the ongoing shortage of global aluminum supplies. According to the World Bureau of Metals Statistics, there was a shortage of 1.9 million tonnes in the global market last year. Other metal prices are also soaring, with Lun Nickel surging by 8.00% in the day and now trading at $27,950.00/ton.<b>Agricultural futures are also rising, and food inflation is further intensifying.</b></p><p>Chicago wheat futures rose 7.1% to $11.34 a bushel, the highest level in 14 years, again on Thursday. Wheat futures have seen a 50% surge in price over the past month.</p><p>Soaring wheat prices will soon turn into food inflation, including bread and cereal, and may boost feed costs, raising farming costs and spreading to meat prices.</p><p>According to statistics, Russia and Ukraine are the world's largest and fourth largest wheat exporters respectively, and their wheat exports account for more than a quarter of the world's wheat exports.</p><p><b>In addition to wheat, Russia and Ukraine are also major suppliers of corn, barley and sunflower oil, so they are inevitably affected by the dispute.</b>Corn prices have risen to their highest levels since 2012, and soybean and palm oil prices have also hit record highs.</p><p>Scott Irwin, a senior agricultural economist and professor at the University of Illinois, said he expects<b>The conflict will be the biggest shock to global food markets in its lifetime.</b></p><p><b>The Ukraine tension means a dangerous new phase for the global economy and complicates monetary policy decisions by central banks.</b></p><p>Federal Reserve Chairman Powell said at the hearing that the Russia-Ukraine conflict will shake international relations, reshape Western European economies and make the decision-making process more cautious.</p><p><a href=\"https://laohu8.com/S/601099\">Pacific Ocean</a>Greg Sharenow and Andrew DeWitt, portfolio managers at investment managers, mentioned in a blog post,<b>Commodities typically do well late in the economic cycle, as well as during times of global turmoil, and are a good hedge against inflation and conflict.</b></p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3653333\">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/bd3ac286c2233d10a592ba6c388667fb","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3653333","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2216026484","content_text":"摘要：布油飙升至近120美元/桶，铝价创下历史新高，锌创2007年以来新高，小麦价格飙升至2008年以来的最高水平......这次大宗商品涨势惊人，标准普尔商品指数年内涨幅达到37%，彭博大宗商品指数接近1960年以来的最大周涨幅。距离俄乌冲突爆发已经过去了一周，乌克兰局势仍在胶着中，双方首轮谈判也未达成协议。在此之际，全球大宗商品上演暴涨狂潮，从能源到金属再到农产品市场都被俄乌冲突所颠覆。欧美对俄罗斯制裁升级加码，加之俄罗斯在全球能源市场里占据着举足轻重的地位，市场担忧俄罗斯供应中断，大宗商品价格疯涨，创下2008年以来的最高水平。布伦特原油飙升至近120美元/桶，铝价创下历史新高，锌创2007年以来新高，小麦价格飙升至2008年以来的最高水平......这次大宗商品涨势惊人，标准普尔商品指数年内涨幅达到37%，彭博大宗商品指数接近1960年以来的最大周涨幅，上一次这么大涨幅还是赫鲁晓夫执政期间。具体来看，能源方面，油价连续两日疯涨，布油冲上117美元，美油站上114美元。截至发稿，布伦特原油期货涨2.51%，报115.77美元/桶，WTI原油期货涨2.69%，报113.58美元/桶。近两日，受OPEC+增产无望，俄罗斯供应中断担忧，以及伊核谈判进展不顺等因素影响，市场对于原油供应短缺的担忧加剧，原油上涨势头愈发迅猛。而最新消息显示，美国的下一轮制裁不排除限制俄罗斯石油出口。眼下，国际能源署IEA同意在全球释放的6000万桶石油储备并无法阻止国际原油的“疯狂涨势”，而延续仅仅持续了13分钟的OPEC+会议依旧决定“按计划增产”。欧洲天然气期货也创纪录新高，上涨至197.91欧元/兆瓦时。昨日，欧洲天然气更是一度跳涨60%之多，TTF基准荷兰天然气期货价格一度飙升至近195欧元/兆瓦时的历史新高。此前见闻文章提及，俄罗斯天然气工业股份公司表示，由于管道基础设施的技术能力，可能会限制每天的注入量。除此之外，从俄罗斯经乌克兰输送天然气的管道也有受损的风险，同时欧洲将与亚洲市场需求竞争日益加剧。此外，俄罗斯可能实施反制措施，限制天然气流向欧洲，造成天然气供应链中断。Restad Engy的分析师Kaushal Ramesh表示，2022年到2023年底，天然气价格可能会接近去年冬天，或将更高。金属方面，伦敦期锌一度站上4000美元/吨关口，创2007年以来新高，日内涨超3%。欧洲地区锌冶炼厂因高电价进一步减产的概率增大，以及供应担忧都在推高该金属价格。伦敦三个月期铝价格飙升，一度涨近6%，再创新高。铝价在本周不断上涨，俄罗斯对乌克兰的军事行动加剧了全球铝供应的持续短缺。据世界金属统计局的数据，去年全球市场出现了190万吨的短缺。其他金属价格也在飙升，伦镍日内暴涨8.00%，现报27950.00美元/吨。农产品期货也在上涨，粮食通胀进一步加剧。芝加哥小麦期货周四再次涨停，涨7.1%至每蒲式耳11.34美元，创下14年来的最高水平。小麦期货在过去的一个月里，价格飙升了50%。小麦价格飙升将很快演变成食品通胀，包括面包、麦片，同时或将助推饲料成本，抬升养殖业成本并蔓延至肉价。据统计，俄罗斯和乌克兰分别是全球第一大和第四大小麦出口国，两国的小麦出口量占全球小麦出口量的四分之一以上。除了小麦，俄罗斯和乌克兰也是玉米、大麦和葵花籽油的主要供应国，因此在此次纷争中免不了受影响。玉米价格已升至2012年以来的最高水平，豆油和棕榈油的价格也创下了历史新高。一位资深农业经济学家，伊利诺伊大学教授Scott Irwin表示，他预计这次冲突将是其一生中遇到的对全球粮食市场的最大冲击。乌克兰紧张局势意味着着全球经济进入了一个危险的新阶段，并使各国央行货币政策决策更加复杂。美联储主席鲍威尔在听证会上表示，俄乌冲突将动摇国际关系，重塑西欧经济，并使决策的过程变得更加谨慎。太平洋投资管理公司投资组合经理Greg Sharenow和Andrew DeWitt在一篇博客文章中提到，大宗商品通常在经济周期的后期，以及在全球动荡时期表现良好，是抵御通胀和冲突的良好对冲手段。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073299313,"gmtCreate":1657342311432,"gmtModify":1676535995527,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073299313","repostId":"1172335974","repostType":4,"repost":{"id":"1172335974","kind":"news","pubTimestamp":1657272279,"share":"https://ttm.financial/m/news/1172335974?lang=en_US&edition=fundamental","pubTime":"2022-07-08 17:24","market":"us","language":"zh","title":"How did the Japanese economy suffer three decades of \"loss\" behind Abe's assassination?","url":"https://stock-news.laohu8.com/highlight/detail?id=1172335974","media":"风暴眼工作室","summary":"7月8日，日本前首相安倍晋三遭遇枪击的消息震惊全世界。据央视报道，当地时间8日，日本前首相安倍晋三当天上午在奈良发表演讲时中枪 。据悉，安倍晋三在上救护车时还有意识，目前安倍晋三已经没有生命体征。日元","content":"<p><html><head></head><body>On July 8, the news that former Japanese Prime Minister Shinzo Abe had been shot shocked the world.</p><p>According to CCTV, former Japanese Prime Minister Shinzo Abe was shot while giving a speech in Nara on the morning of the 8th local time. It is reported that Shinzo Abe was still conscious when he got into the ambulance, and he currently has no vital signs.</p><p>The yen exchange rate was also affected. As of 11:30 on July 8, the USD/JPY decline widened to 0.47% at 135.37, while the yen appreciated.</p><p>Why did the yen suddenly appreciate after Abe was assassinated? This may be related to the \"Abenomics\" that he promoted during his term. After Shinzo Abe took office at the end of 2012, he accelerated the implementation of a series of economic stimulus policies, the most notable of which was the loose monetary policy, which led to the accelerated depreciation of the yen.</p><p>Since the beginning of this year, the yen's continued decline has become more pronounced. On June 13, the yen fell below 135 yen to the dollar, hitting a new low in about 24 years. In the year since the beginning of 2021, the yen has depreciated significantly against the US dollar by more than 25%.</p><p><img src=\"https://static.tigerbbs.com/73ac608c7438fa9083c60e6af1c6dfd9\" tg-width=\"553\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>The continued sharp decline of traditional safe-haven currencies has led to a significant sell-off of Japanese bonds and yen assets.</p><p>Although Bank of Japan Governor Haruhiko Kuroda reiterated his view that the Bank of Japan must maintain its massive stimulus program to support the fragile economic recovery.</p><p>However, for ordinary Japanese people, it is still debatable whether the fragile economic recovery needs to be supported by a sharp depreciation of the yen. After all, as a major importer, Japan is 88% dependent on foreign energy and only 37% self-sufficient in food. The rise in commodity prices caused by the depreciation of the yen will directly affect the lives of citizens.</p><p>Especially after so many years of significant easing, Japan's average annual GDP growth rate has been less than 1% since the collapse of the Japanese economy in 1990.</p><p>While the housing market has been eased and prices have been raised, residents' disposable income has not been eased, leaving people somewhat lacking in confidence. After experiencing a \"lost decade,\" a \"lost twenty years,\" and a \"lost thirty years,\" Japan's lost eyes are heading towards the time dimension of Atlantis.</p><p>In the fourth decade, will Japan be able to make a comeback?</p><p><b>Abe and his \"Abenomics\"</b></p><p>Although Shinzo Abe resigned as prime minister in August 2020, the current sharp depreciation of the yen is closely linked to his \"Abenomics\".</p><p>At the end of 2012, Shinzo Abe once again served as Prime Minister of Japan, and immediately proposed a \"boosting the economy\" strategy, which was hyped up by the media as \"Abenomics\".</p><p>The so-called \"Abenomics\" is a combination of policies to solve Japan's economic problems through experimental monetary policy (QQE), proactive fiscal policy, and economic structural reforms. Including \"three major strategies\":</p><p>First, it proposed the largest quantitative easing (QE) monetary policy in Japan's history, with the central bank purchasing 7.5 trillion yen worth of Treasury Bond every month;</p><p>Secondly, the expansionary fiscal policy exceeded the previous government's total budget of 70 trillion yen;</p><p>Third, it encompasses a package of growth strategies, including the Trans-Pacific Partnership (TPP), deregulation to stimulate private investment, and promote innovation.</p><p><img src=\"https://static.tigerbbs.com/79ef0cf1ad82f6f4d2dbd2d9e5cde013\" tg-width=\"553\" tg-height=\"375\" referrerpolicy=\"no-referrer\"/></p><p>Abenomics is the latest effort to address Japan's economic downturn since the 1990s. So how effective has the implementation been?</p><p>An analysis by Global Macroeconomic Speculation points out that Abenomics is a great economic experiment in which Japanese financiers and politicians broke down prejudices and used a three-pronged approach of structural adjustment, fiscal and monetary policy to increase Japan's potential economic growth rate and overcome deflation. The first three years of the experiment were quite successful.</p><p>The article also points out that \"Abenomics\" performed poorly from 2016 to 2020. Despite the impact of the COVID-19 pandemic, some of Abenomic's goals were achieved, especially inflation expectations, the yen exchange rate, real interest rates, and stock prices. However, potential output growth during the same period was not good, proving that structural reforms were not being promoted effectively.</p><p>Zhang Jifeng, deputy director of the Institute of Japanese Studies at the Chinese Academy of Social Sciences, believes that Abe's achievements in economic governance are evident to all, but there are also some serious problems. The most serious problem is the difficult financial situation, and this situation has never changed.</p><p>Liu Yun, associate researcher at the Institute of Northeast Asian Studies of the China Institutes of Contemporary International Relations, believes that looking solely at Japan's GDP would lead to misunderstandings and the belief that Abenomics has not been very successful. However, overall, the Japanese economy is on an upward trend. For example, wages in Japan have increased and the profit growth rate of large corporations is good, so the Japanese economic situation has improved.</p><p><b>\"Loss\" began in 1990</b></p><p>The original intention of \"Abenomics\" was to save Japan's persistently sluggish economy. The \"lost decade\" was first proposed when the Japanese stock market bubble burst in 1990.</p><p>For more than a decade before the collapse of the bubble that devastated Japan, Japan was a \"miracle worker.\"</p><p>Starting with early labor-intensive enterprises such as cotton textiles to accumulate capital, and later with manufacturing as the core industry, actively expanding investment and introducing advanced foreign technologies, the country quickly rebuilt its industrial system from the post-war ruins.</p><p>By 1964, the Tokyo Olympics had become an important milestone in connecting Japan's economic development and transformation. Due to the demand for steel from large-scale infrastructure construction and the demand for color TVs for the opening of the Olympics, Japan's steel and electromechanical industries flourished, and Japan experienced a complete development stage from \"trading shirts for airplanes\" to \"Made in Japan\".</p><p><img src=\"https://static.tigerbbs.com/0d0a4f35b86afc5382004806076b2487\" tg-width=\"528\" tg-height=\"323\" referrerpolicy=\"no-referrer\"/></p><p>In 1965, Japan exported half of its steel to the United States, and in 1968, Japan became the world's second-largest economy after the United States.</p><p>At the same time, Japan has firmly grasped the new generation of industrial revolution, with automobiles, steel, telecommunications, semiconductors, and pharmaceuticals completely dominating the US market, and Hitachi, NEC, Fujitsu, Mitsubishi, and Toshiba emerging as giants.</p><p>During the years of trade deficits between the United States and Japan, industry giants suffered losses year after year, and Intel was even on the verge of bankruptcy at one point.</p><p>Faced with the predicament of being overwhelmed by Japanese goods, the United States, disregarding face, launched a trade war that seems familiar to Chinese people today—</p><p>Starting in 1981, Japanese automobiles sold worldwide began to be subject to heavy tariffs and export quotas restricted by the United States.</p><p>Meanwhile, the United States imposed 100% tariffs on Japanese high-tech products such as computers and televisions, citing \"dumping practices\" by Japan. A lower export price limit was set for Japanese semiconductors, and a 100% punitive tariff was imposed on Japanese chips.</p><p><img src=\"https://static.tigerbbs.com/2325f7d267568d30d4ad4c0f6022d74e\" tg-width=\"528\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><p>US lawmakers live-stream smashing Japanese products</p><p>In addition, executives of Japanese companies were arrested on charges of \"industrial espionage,\" and Japan was accused by the United States of being a \"currency manipulator\" and stealing intellectual property from the United States. Japan was also required to increase imports of U.S. agricultural products, eliminate trade terms unfavorable to foreign companies, impose voluntary export restrictions on industries such as textiles, steel, televisions, and machine tools, while simultaneously relocating factories and upgrading industries.</p><p>While constantly accusing Japan of supporting its industrial policies through state support, the United States enacted a new trade law in 1988, invoking the \"Super 301\" clause—openly legislating to interfere in Japan's industrial and trade policies and forcing Japan to carry out institutional reforms.</p><p>In 1989, Japan and the United States began negotiations on the \"Japan-U.S. Structural Agreement,\" consulting on economic policies, systems, and corporate behavior, which prompted Japan to carry out open reforms in areas such as its circulation system and business practices: for example, regarding housing as a strategic industry and further opening up its circulation system. Further open up the domestic market and restructure the import and export system in accordance with the principle of free trade.</p><p>By 1989, the United States Trade Representative had initiated a total of 24 Section 301 investigations against Japan, almost all of which were concessions from the Japanese government.</p><p>At the same time, the yen was forced to appreciate sharply against the dollar due to the \"Plaza Accord\" reached in 1985 by the United States, Japan, West Germany, France, and the United Kingdom. Following Black Monday in October 1987, the yen appreciated to 120 yen per dollar, an increase of as much as 90% in 1988.</p><p><img src=\"https://static.tigerbbs.com/12ab4dd9acfe04f8aab569cb046a73ff\" tg-width=\"528\" tg-height=\"337\" referrerpolicy=\"no-referrer\"/></p><p>Plaza Agreement Signing Site</p><p>The sharp appreciation of the yen has dealt a devastating blow to Japan, an export-oriented economy. Production costs have risen sharply, and high-quality companies have begun to flee overseas. In order to cope with the currency crisis, the Japanese government has begun to cut interest rates sharply, hoping to \"provide money\" so that companies can invest and set up factories at low cost.</p><p>In reality, due to the excessively long return cycle for real industries, a large amount of yen lent at low interest rates was not invested in the real economy. The ample liquidity in the money market began to flow into the housing, stock, and luxury goods markets in large quantities as the yen appreciated sharply after the Plaza Accords.</p><p>Starting in 1986, Japan's rapidly expanding economic prosperity was known as the \"Heisei boom.\" At the end of 1985, the Nikkei 225 stock index closed at 13,083 points, and at the end of 1989, it closed at 38,916 points. In four years, the Nikkei 225 index rose by a cumulative 197.45%, and the total market capitalization of stocks continued to expand to 896 trillion yen, accounting for 60% of Japan's GDP that year.</p><p><img src=\"https://static.tigerbbs.com/9f5d38582a2e3123322a61e5b005f13f\" tg-width=\"528\" tg-height=\"312\" referrerpolicy=\"no-referrer\"/></p><p>Japanese streets in the 1980s</p><p>Land prices in Tokyo skyrocketed, with the land price of the Japanese Emperor's Tokyo Imperial Palace exceeding the estimated land value of the entire country. In the Ginza area, a 10,000 yen bill thrown on the ground cannot buy the small piece of land it covers.</p><p>At the same time, the Japanese have become the world's largest consumer of luxury goods, sweeping up watch stores, jewelry stores, and wineries around the world. Foreign banks and securities companies are counting their money in the Japanese market.</p><p>A large number of stock index short options, which were completely at odds with economic reality, erupted when the bubble inflated to its peak.</p><p>In October 1990, Japan's five-year bull market ended, with the stock market plummeting by 63.24%, marking the largest drop in Japanese stock market history. The following year, the housing market plummeted by 65%, bankrupt companies emerged one after another, the number of unemployed people surged, and the wealth of the entire country shrank by nearly 50%.</p><p>At the same time, the short-term sharp recession has left countless ordinary people who did not have time to escape \"trapped\" in various capital investment targets, and a major economic reshuffle has transferred the wealth of the whole society to at least a few winners.</p><p>Since then, the Japanese economy has been in a prolonged slump.</p><p>The Nikkei average fell by more than 82% from a historical high of 38,957 on December 29, 1989, to a low of 6,994.9 on October 29, 2008. For the next four years, the Nikkei average remained hovering around 10,000 points.</p><p>Starting in the late 1990s, the \"lost decade\" of the Japanese economy began to appear in the newspapers, and the problem remains unsolved to this day.</p><p><img src=\"https://static.tigerbbs.com/ced67142e550e77f5f84c394cba59c8d\" tg-width=\"528\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/></p><p><b>What exactly has Japan lost in the past thirty years?</b></p><p>In 2010, as the Japanese economy still showed no signs of improvement, the media began to refer to the \"lost twenty years\" of the Japanese economy.</p><p>In reality, \"twenty years\" is still not the end of Japan's economic downturn. Starting from the all-time high closing point of the Nikkei 225 index at 38,957, the index continued to decline, falling below 10,000 points several times until it stopped falling in 2017.</p><p>On July 7, 2022, the Nikkei 225 index closed at 26,490.53 points, still more than 10,000 points away from its highest point.</p><p>The \"Plaza Accord,\" which caused the yen to appreciate sharply, is considered by many to be the root cause of Japan's bubble economy, which triggered the Great Depression.</p><p>However, the criticisms of the Plaza Accords are not consistent in the analysis of this Great Depression. Former Japanese Deputy Minister of Finance Toyoo Gyoten even personally refuted this view.</p><p>Between 1985 and 1990, thanks to overseas investment driven by a strong yen, Japan's net overseas assets rose from over $1 trillion to over $3 trillion, which is what is known as \"there is another Japan besides Japan\"—</p><p>While the yen has appreciated by 300% in 10 years, there has been a huge increase in production and labor costs. In order to maintain their competitiveness, many Japanese companies have had to turn their attention overseas, which has led to a rapid outflow of Japanese capital.</p><p>The rapidly appreciating yen and the increasingly tense Japan-US trade war have also contributed to this outflow—a strong yen makes it easier for Japanese companies to invest in and acquire overseas companies, while building factories overseas can circumvent US sanctions on \"Made in Japan\".</p><p>From 1985 to 1990, Japanese companies conducted a total of 21 giant overseas mergers and acquisitions worth more than 50 billion yen.</p><p>In 1989, Mitsubishi bought Rockefeller Center for $1.4 billion, Panasonic bought Universal Pictures for $6 billion, and Sony bought Columbia Pictures for $3.4 billion—including the Spider-Man rights that Marvel has yet to reclaim.</p><p>The Japanese even had the ambition to buy the United States into \"Japan's 41st prefecture.\" Why does the city look so much like Tokyo from the 70th floor of the InterContinental Hotel in Los Angeles?</p><p>Because the Japanese bought half of the real estate here back then.</p><p><img src=\"https://static.tigerbbs.com/6420f38680bf983f828177b00418e180\" tg-width=\"528\" tg-height=\"375\" referrerpolicy=\"no-referrer\"/></p><p>In his book \"Anger Across the Pacific,\" Japanese scholar Kan Ito wrote that some Japanese believe Japan will become the next \"superpower\" and that the government will lead its people to \"end the era of America.\"</p><p>However, these properties belong to giant corporations, conglomerates, speculators, and wealthy foreign businessmen, but they do not belong to the Japanese people.</p><p>In 2020, the Sankei Shimbun reported that the revenue of Japanese overseas subsidiaries had increased by 220% in the past 20 years, while according to OECD statistics, the per capita purchasing power in Japan in 2020 was only US$39,000, an increase of only 4% compared to 1990.</p><p><b>1. Income that remains unchanged for thirty years</b></p><p>After 1900, Japanese investment activities came to an abrupt halt.</p><p>Banks went bankrupt, factories closed down, and mortgages became a disaster, forcing banks rife with non-performing assets to merge and restructure. The sharply rising production costs caused a large number of businesses to go bankrupt, and ordinary people suffered the most—they were laid off in the wave of bankruptcies, their life savings evaporated in the bubble crisis, and they were burdened with heavy mortgages.</p><p>After the collapse of the lifetime employment system and seniority system, the \"corporate slave\" culture, which worked desperately to keep its job, did not originate from Japan's bubble crisis, but it solidified afterward—accepting the exploitation of competition and the gears that prioritize production efficiency became the most helpless choice for Japanese workers.</p><p>However, the tide of social development propelled the Japanese forward, but failed to bring them the rewards they deserved.</p><p><img src=\"https://static.tigerbbs.com/11648f82b27132391bb1a6cef2c3432a\" tg-width=\"528\" tg-height=\"296\" referrerpolicy=\"no-referrer\"/></p><p>In February 2021, the \"Labor Statistics Survey\" released by Japan's Ministry of Health, Labour and Welfare showed that the average monthly salary in Japan in 2020 was 318,299 yen, equivalent to about 19,600 yuan, a year-on-year decrease of 1.2%, marking the largest drop in 12 years.</p><p>This figure was around 350,000 yuan in 1990, when the average annual income of Japanese people was 4.25 million yen. At the exchange rate at the time, the monthly salary was about 11,600 yuan.</p><p>Average annual income, which has remained stagnant for 30 consecutive years, has become Japan's most intense \"birth control pill\".</p><p><b>2. Irreversible aging</b></p><p>In 2020, Japan ranked 11th in the world in terms of total population, marking the first time it had fallen out of the top ten since 1950. From 1974 to 2020, Japan's birth rate dropped from 1.86% to 0.67%, and around 2008 it began to fall into 13 consecutive years of negative population growth.</p><p>Meanwhile, Japan has 36.4 million people aged 65 and above, accounting for 29.1% of the total population.</p><p>Japan's declining birthrate and aging population have led to a severe labor supply shortage and a slowdown in labor productivity growth, resulting in a continued slowdown in economic growth.</p><p>\"From 1961 to 2020, the growth rates of Japan's working-age population and labor productivity changed basically in sync with economic trends. While the average growth rate of Japan's working-age population remained at a high level of 1.6% and the labor productivity growth rate peaked at 8.4% from 1961 to 1975, the average real GDP growth rate also remained at a high level of 7.7%; from 1976 to 1988, the working-age population and labor productivity maintained low growth rates of 0.9% and 3.7% respectively, and the real GDP growth rate also dropped to 4.4%.\" From 1989 to 2020, the growth rates of the working-age population and labor productivity dropped sharply from 0.9% and 4.4% to -0.8% and 1.1%, respectively, while the real GDP growth rate dropped from 5.4% to -4.4%.</p><p>With the working population declining and tax revenue decreasing, the need for pension and other expenses is expanding rapidly. Since 1990, the number of people relying on pensions has been five times that of taxpayers.</p><p><img src=\"https://static.tigerbbs.com/8c92a0dfa8f71abcdb41b554124294a7\" tg-width=\"528\" tg-height=\"302\" referrerpolicy=\"no-referrer\"/></p><p>In 2004, Japan launched pension reform, raising taxes by 0.354% annually. By 2017, taxpayers' pension contributions had accounted for 18.3% of their annual income, becoming a heavy burden on the Japanese people.</p><p>Japan's ranking in the Human Development Index (which measures per capita GDP, education, and healthcare) fell from number one in the world in 1990 to nineteenth in 2020.</p><p>At the same time, the decline in expected income has led to a negative attitude towards life, low material desires, and a lack of motivation among young Japanese people, resulting in the emergence of a \"secluded generation\". According to the definition of Japan's Ministry of Health, Labour and Welfare, secluded people are people who stay at home for more than 6 months and have almost cut off contact with the outside world. According to data from the Cabinet Office's \"Living Conditions Survey\", the number of secluded people aged 15-39 and 40-64 reached 541,000 and 613,000 respectively.</p><p>The consumption and housing demand of the elderly is far lower than that of young people, and young people severely lack the desire to consume, making it difficult for total consumption to increase significantly, and Japan has fallen into a \"low-desire society\".</p><p><b>3. Lifetime QE, but consistently weak.</b></p><p>In 2021, Japan's GDP fell below the \"50s\" with a total GDP of $4,937.4 billion, but it still ranks as the world's third-largest economy, surpassing Europe, which doesn't seem to be bad.</p><p>In reality, Japan's GDP had already reached $5.55 trillion in 1995, when the ratio of Japan's GDP to the United States' GDP was 71.34%. In 2021, this ratio increased to 21.46%.</p><p><img src=\"https://static.tigerbbs.com/0823be1f503a8cdff0d86e9ba57b90cf\" tg-width=\"528\" tg-height=\"231\" referrerpolicy=\"no-referrer\"/></p><p>Compared to its past glory, Japan today is indeed in some difficulty.</p><p>Meanwhile, Japan's macro leverage ratio is also among the highest in the world. According to the latest data from the Bank for International Settlements (BIS), at the end of the second quarter of 2021, the macro leverage ratio among countries was 286.2% in the United States, 284.3% in the Eurozone, and 416.5% in Japan.</p><p>The massive amount of debt stems from Japan's decades-long quantitative easing.</p><p>quantitative easing is an innovation in Japan's financial sector.</p><p>In 1998, the Bank of Japan first began implementing a zero-interest-rate and quantitative easing policy, which regulates economic activity by controlling the money supply.</p><p>In 2013, Bank of Japan Governor Haruhiko Kuroda launched a monetary policy stimulus plan to boost inflation.</p><p>Since 2013, the yen has continued to depreciate against the US dollar, and exports have achieved significant growth. Meanwhile, Japan's benchmark interest rate has been declining steadily, with the 10-year Treasury Bond rate even falling to negative numbers in 2016.</p><p>Meanwhile, the Bank of Japan began to purchase ETFs (exchange-traded funds) on a large scale, with an average annual ETF purchase volume of nearly 4 trillion yen. By 2021, the Bank of Japan held more than 80% of equity ETFs and more than 5% of the total market capitalization of the Tokyo Stock Exchange.</p><p>Although the Nikkei 225 index has strengthened from around 8,000 points in 2012, even breaking through the 30,000-point mark in February 2021, it still seems to be a mirage of bubble prosperity, because the massive amount of base money injected by the Bank of Japan has neither raised inflation nor boosted economic growth.</p><p>In terms of economic structure, apart from core basic raw materials, which still maintain a barrier advantage, Japan's other industries are almost stagnating. The markets in the automotive, shipbuilding, machine tool, and electronics industries are being divided up by countries such as the United States, China, and South Korea, with little achievement in emerging industries.</p><p>Currently, Japan has only 6 unicorn companies, far behind the 554, 180, 64, 43, and 26 companies in the United States, China, India, the United Kingdom, and Germany, all of which are valued at less than $2 billion.</p><p>Meanwhile, Japan's debt expanded rapidly. As of the end of December 2021, Japan's national debt, consisting of Treasury Bond, borrowings and short-term government securities, reached 1,218.4 trillion yen, and the per capita debt of Japanese citizens was approximately 9.71 million yen, equivalent to about 534,573 yuan.</p><p>However, while central banks in the US, UK, and Europe have all begun to tighten their stance, the Bank of Japan has not changed its loose monetary policy.</p><p><b>\"Counter-market\" easing, unlimited money printing, and consecutive declines in the yen</b></p><p>The yen's continuous decline began in March.</p><p>Following the release of the Federal Reserve's rate hike in March, which signaled that it would further increase rate hike and accelerate shrinking balance sheet, both the UK and Europe began to accelerate the tightening of monetary policy. However, the Bank of Japan did the opposite and insisted on maintaining its quantitative easing policy.</p><p>On March 28, the Bank of Japan issued a press release announcing that it would launch a \"continuous fixed-price market operation\" between March 29 and 31 to curb interest rate increases, which involves purchasing an unlimited amount of government bonds from private financial institutions at a specified interest rate.</p><p>On that day, the yen plummeted 1.38%.</p><p>On April 20, less than a month later, the Bank of Japan announced unlimited purchases of 10-year Treasury Bond to defend the 0.25% yield cap on the 10-year Japanese Treasury Bond, further driving the depreciation of the yen.</p><p>Some experts believe that because the depreciation of the yen is beneficial to Japan's export-oriented economy, the Bank of Japan has consistently used a loose monetary environment as an important means to boost market expectations. Especially now that the new fiscal year has just begun, the Bank of Japan is less likely to tighten monetary policy.</p><p>But can easing save the Japanese economy?</p><p>In reality, Japan's trade structure is unstable. Since the Abe administration took office and introduced unlimited stimulus policies, total exports have declined continuously from 2012 to 2015, and only maintained a trade surplus in 2016 and 2017.</p><p><img src=\"https://static.tigerbbs.com/2b2490580bd25519041d5aef1bb5c3c0\" tg-width=\"525\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/></p><p>The recent surge in global crude oil and raw material prices, coupled with the depreciation of the yen, has increased costs for Japanese companies and broadened the channels for imported inflation. Meanwhile, according to data from the OECD's \"Value-Added Trade Statistics,\" Japan's domestic added value has fallen from 94% in 1995 to 83% in 2018, a decrease of 11%. It is becoming increasingly difficult for Japan's related high-value-added products and services to offset their ever-increasing production costs.</p><p>The only beneficiaries were domestic Japanese speculators. With the Federal Reserve's significant intervention, US Treasury yields continued to soar, and the interest rate differential between the US, Japan, and Treasury Bond became increasingly large. As a result, domestic speculators began to short the yen on a large scale, using the yen to buy US Treasury bonds for arbitrage.</p><p>What about ordinary people?</p><p>Rising prices have led to increased living costs and weakened consumer power, and the \"lost thirty years\" seem to be about to be postponed again. The depreciation of the yen, which the Bank of Japan has deemed \"beneficial to the economy,\" has never effectively boosted Japan's economic growth for many years. Instead, it has prevented the Japanese economy from escaping from large-scale monetary easing policies for more than a decade.</p><p>Thirty years ago, then-central bank governor Yasushi Mie No warned the government: A country must not survive by inflating economic bubbles, otherwise it will be a great harm to the country.</p><p>Shortly after he took office, Japan implemented a tight monetary policy, significantly increasing loan interest rates and proactively bursting the bubble. This hard landing plunged Japan into decades of depression, but it is often regarded by later generations as a decisive act of \"cutting off one's own arm\".</p><p>However, the car in front has overturned, and the rest is unknown.</p><p>Thirty years later, Japan still seems to be the same Japan.</p><p></body></html></p>","source":"lsy1639703443321","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>How did the Japanese economy suffer three decades of \"loss\" behind Abe's assassination?</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\">\nHow did the Japanese economy suffer three decades of \"loss\" behind Abe's assassination?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">风暴眼工作室</strong><span class=\"h-time small\">2022-07-08 17:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On July 8, the news that former Japanese Prime Minister Shinzo Abe had been shot shocked the world.</p><p>According to CCTV, former Japanese Prime Minister Shinzo Abe was shot while giving a speech in Nara on the morning of the 8th local time. It is reported that Shinzo Abe was still conscious when he got into the ambulance, and he currently has no vital signs.</p><p>The yen exchange rate was also affected. As of 11:30 on July 8, the USD/JPY decline widened to 0.47% at 135.37, while the yen appreciated.</p><p>Why did the yen suddenly appreciate after Abe was assassinated? This may be related to the \"Abenomics\" that he promoted during his term. After Shinzo Abe took office at the end of 2012, he accelerated the implementation of a series of economic stimulus policies, the most notable of which was the loose monetary policy, which led to the accelerated depreciation of the yen.</p><p>Since the beginning of this year, the yen's continued decline has become more pronounced. On June 13, the yen fell below 135 yen to the dollar, hitting a new low in about 24 years. In the year since the beginning of 2021, the yen has depreciated significantly against the US dollar by more than 25%.</p><p><img src=\"https://static.tigerbbs.com/73ac608c7438fa9083c60e6af1c6dfd9\" tg-width=\"553\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>The continued sharp decline of traditional safe-haven currencies has led to a significant sell-off of Japanese bonds and yen assets.</p><p>Although Bank of Japan Governor Haruhiko Kuroda reiterated his view that the Bank of Japan must maintain its massive stimulus program to support the fragile economic recovery.</p><p>However, for ordinary Japanese people, it is still debatable whether the fragile economic recovery needs to be supported by a sharp depreciation of the yen. After all, as a major importer, Japan is 88% dependent on foreign energy and only 37% self-sufficient in food. The rise in commodity prices caused by the depreciation of the yen will directly affect the lives of citizens.</p><p>Especially after so many years of significant easing, Japan's average annual GDP growth rate has been less than 1% since the collapse of the Japanese economy in 1990.</p><p>While the housing market has been eased and prices have been raised, residents' disposable income has not been eased, leaving people somewhat lacking in confidence. After experiencing a \"lost decade,\" a \"lost twenty years,\" and a \"lost thirty years,\" Japan's lost eyes are heading towards the time dimension of Atlantis.</p><p>In the fourth decade, will Japan be able to make a comeback?</p><p><b>Abe and his \"Abenomics\"</b></p><p>Although Shinzo Abe resigned as prime minister in August 2020, the current sharp depreciation of the yen is closely linked to his \"Abenomics\".</p><p>At the end of 2012, Shinzo Abe once again served as Prime Minister of Japan, and immediately proposed a \"boosting the economy\" strategy, which was hyped up by the media as \"Abenomics\".</p><p>The so-called \"Abenomics\" is a combination of policies to solve Japan's economic problems through experimental monetary policy (QQE), proactive fiscal policy, and economic structural reforms. Including \"three major strategies\":</p><p>First, it proposed the largest quantitative easing (QE) monetary policy in Japan's history, with the central bank purchasing 7.5 trillion yen worth of Treasury Bond every month;</p><p>Secondly, the expansionary fiscal policy exceeded the previous government's total budget of 70 trillion yen;</p><p>Third, it encompasses a package of growth strategies, including the Trans-Pacific Partnership (TPP), deregulation to stimulate private investment, and promote innovation.</p><p><img src=\"https://static.tigerbbs.com/79ef0cf1ad82f6f4d2dbd2d9e5cde013\" tg-width=\"553\" tg-height=\"375\" referrerpolicy=\"no-referrer\"/></p><p>Abenomics is the latest effort to address Japan's economic downturn since the 1990s. So how effective has the implementation been?</p><p>An analysis by Global Macroeconomic Speculation points out that Abenomics is a great economic experiment in which Japanese financiers and politicians broke down prejudices and used a three-pronged approach of structural adjustment, fiscal and monetary policy to increase Japan's potential economic growth rate and overcome deflation. The first three years of the experiment were quite successful.</p><p>The article also points out that \"Abenomics\" performed poorly from 2016 to 2020. Despite the impact of the COVID-19 pandemic, some of Abenomic's goals were achieved, especially inflation expectations, the yen exchange rate, real interest rates, and stock prices. However, potential output growth during the same period was not good, proving that structural reforms were not being promoted effectively.</p><p>Zhang Jifeng, deputy director of the Institute of Japanese Studies at the Chinese Academy of Social Sciences, believes that Abe's achievements in economic governance are evident to all, but there are also some serious problems. The most serious problem is the difficult financial situation, and this situation has never changed.</p><p>Liu Yun, associate researcher at the Institute of Northeast Asian Studies of the China Institutes of Contemporary International Relations, believes that looking solely at Japan's GDP would lead to misunderstandings and the belief that Abenomics has not been very successful. However, overall, the Japanese economy is on an upward trend. For example, wages in Japan have increased and the profit growth rate of large corporations is good, so the Japanese economic situation has improved.</p><p><b>\"Loss\" began in 1990</b></p><p>The original intention of \"Abenomics\" was to save Japan's persistently sluggish economy. The \"lost decade\" was first proposed when the Japanese stock market bubble burst in 1990.</p><p>For more than a decade before the collapse of the bubble that devastated Japan, Japan was a \"miracle worker.\"</p><p>Starting with early labor-intensive enterprises such as cotton textiles to accumulate capital, and later with manufacturing as the core industry, actively expanding investment and introducing advanced foreign technologies, the country quickly rebuilt its industrial system from the post-war ruins.</p><p>By 1964, the Tokyo Olympics had become an important milestone in connecting Japan's economic development and transformation. Due to the demand for steel from large-scale infrastructure construction and the demand for color TVs for the opening of the Olympics, Japan's steel and electromechanical industries flourished, and Japan experienced a complete development stage from \"trading shirts for airplanes\" to \"Made in Japan\".</p><p><img src=\"https://static.tigerbbs.com/0d0a4f35b86afc5382004806076b2487\" tg-width=\"528\" tg-height=\"323\" referrerpolicy=\"no-referrer\"/></p><p>In 1965, Japan exported half of its steel to the United States, and in 1968, Japan became the world's second-largest economy after the United States.</p><p>At the same time, Japan has firmly grasped the new generation of industrial revolution, with automobiles, steel, telecommunications, semiconductors, and pharmaceuticals completely dominating the US market, and Hitachi, NEC, Fujitsu, Mitsubishi, and Toshiba emerging as giants.</p><p>During the years of trade deficits between the United States and Japan, industry giants suffered losses year after year, and Intel was even on the verge of bankruptcy at one point.</p><p>Faced with the predicament of being overwhelmed by Japanese goods, the United States, disregarding face, launched a trade war that seems familiar to Chinese people today—</p><p>Starting in 1981, Japanese automobiles sold worldwide began to be subject to heavy tariffs and export quotas restricted by the United States.</p><p>Meanwhile, the United States imposed 100% tariffs on Japanese high-tech products such as computers and televisions, citing \"dumping practices\" by Japan. A lower export price limit was set for Japanese semiconductors, and a 100% punitive tariff was imposed on Japanese chips.</p><p><img src=\"https://static.tigerbbs.com/2325f7d267568d30d4ad4c0f6022d74e\" tg-width=\"528\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><p>US lawmakers live-stream smashing Japanese products</p><p>In addition, executives of Japanese companies were arrested on charges of \"industrial espionage,\" and Japan was accused by the United States of being a \"currency manipulator\" and stealing intellectual property from the United States. Japan was also required to increase imports of U.S. agricultural products, eliminate trade terms unfavorable to foreign companies, impose voluntary export restrictions on industries such as textiles, steel, televisions, and machine tools, while simultaneously relocating factories and upgrading industries.</p><p>While constantly accusing Japan of supporting its industrial policies through state support, the United States enacted a new trade law in 1988, invoking the \"Super 301\" clause—openly legislating to interfere in Japan's industrial and trade policies and forcing Japan to carry out institutional reforms.</p><p>In 1989, Japan and the United States began negotiations on the \"Japan-U.S. Structural Agreement,\" consulting on economic policies, systems, and corporate behavior, which prompted Japan to carry out open reforms in areas such as its circulation system and business practices: for example, regarding housing as a strategic industry and further opening up its circulation system. Further open up the domestic market and restructure the import and export system in accordance with the principle of free trade.</p><p>By 1989, the United States Trade Representative had initiated a total of 24 Section 301 investigations against Japan, almost all of which were concessions from the Japanese government.</p><p>At the same time, the yen was forced to appreciate sharply against the dollar due to the \"Plaza Accord\" reached in 1985 by the United States, Japan, West Germany, France, and the United Kingdom. Following Black Monday in October 1987, the yen appreciated to 120 yen per dollar, an increase of as much as 90% in 1988.</p><p><img src=\"https://static.tigerbbs.com/12ab4dd9acfe04f8aab569cb046a73ff\" tg-width=\"528\" tg-height=\"337\" referrerpolicy=\"no-referrer\"/></p><p>Plaza Agreement Signing Site</p><p>The sharp appreciation of the yen has dealt a devastating blow to Japan, an export-oriented economy. Production costs have risen sharply, and high-quality companies have begun to flee overseas. In order to cope with the currency crisis, the Japanese government has begun to cut interest rates sharply, hoping to \"provide money\" so that companies can invest and set up factories at low cost.</p><p>In reality, due to the excessively long return cycle for real industries, a large amount of yen lent at low interest rates was not invested in the real economy. The ample liquidity in the money market began to flow into the housing, stock, and luxury goods markets in large quantities as the yen appreciated sharply after the Plaza Accords.</p><p>Starting in 1986, Japan's rapidly expanding economic prosperity was known as the \"Heisei boom.\" At the end of 1985, the Nikkei 225 stock index closed at 13,083 points, and at the end of 1989, it closed at 38,916 points. In four years, the Nikkei 225 index rose by a cumulative 197.45%, and the total market capitalization of stocks continued to expand to 896 trillion yen, accounting for 60% of Japan's GDP that year.</p><p><img src=\"https://static.tigerbbs.com/9f5d38582a2e3123322a61e5b005f13f\" tg-width=\"528\" tg-height=\"312\" referrerpolicy=\"no-referrer\"/></p><p>Japanese streets in the 1980s</p><p>Land prices in Tokyo skyrocketed, with the land price of the Japanese Emperor's Tokyo Imperial Palace exceeding the estimated land value of the entire country. In the Ginza area, a 10,000 yen bill thrown on the ground cannot buy the small piece of land it covers.</p><p>At the same time, the Japanese have become the world's largest consumer of luxury goods, sweeping up watch stores, jewelry stores, and wineries around the world. Foreign banks and securities companies are counting their money in the Japanese market.</p><p>A large number of stock index short options, which were completely at odds with economic reality, erupted when the bubble inflated to its peak.</p><p>In October 1990, Japan's five-year bull market ended, with the stock market plummeting by 63.24%, marking the largest drop in Japanese stock market history. The following year, the housing market plummeted by 65%, bankrupt companies emerged one after another, the number of unemployed people surged, and the wealth of the entire country shrank by nearly 50%.</p><p>At the same time, the short-term sharp recession has left countless ordinary people who did not have time to escape \"trapped\" in various capital investment targets, and a major economic reshuffle has transferred the wealth of the whole society to at least a few winners.</p><p>Since then, the Japanese economy has been in a prolonged slump.</p><p>The Nikkei average fell by more than 82% from a historical high of 38,957 on December 29, 1989, to a low of 6,994.9 on October 29, 2008. For the next four years, the Nikkei average remained hovering around 10,000 points.</p><p>Starting in the late 1990s, the \"lost decade\" of the Japanese economy began to appear in the newspapers, and the problem remains unsolved to this day.</p><p><img src=\"https://static.tigerbbs.com/ced67142e550e77f5f84c394cba59c8d\" tg-width=\"528\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/></p><p><b>What exactly has Japan lost in the past thirty years?</b></p><p>In 2010, as the Japanese economy still showed no signs of improvement, the media began to refer to the \"lost twenty years\" of the Japanese economy.</p><p>In reality, \"twenty years\" is still not the end of Japan's economic downturn. Starting from the all-time high closing point of the Nikkei 225 index at 38,957, the index continued to decline, falling below 10,000 points several times until it stopped falling in 2017.</p><p>On July 7, 2022, the Nikkei 225 index closed at 26,490.53 points, still more than 10,000 points away from its highest point.</p><p>The \"Plaza Accord,\" which caused the yen to appreciate sharply, is considered by many to be the root cause of Japan's bubble economy, which triggered the Great Depression.</p><p>However, the criticisms of the Plaza Accords are not consistent in the analysis of this Great Depression. Former Japanese Deputy Minister of Finance Toyoo Gyoten even personally refuted this view.</p><p>Between 1985 and 1990, thanks to overseas investment driven by a strong yen, Japan's net overseas assets rose from over $1 trillion to over $3 trillion, which is what is known as \"there is another Japan besides Japan\"—</p><p>While the yen has appreciated by 300% in 10 years, there has been a huge increase in production and labor costs. In order to maintain their competitiveness, many Japanese companies have had to turn their attention overseas, which has led to a rapid outflow of Japanese capital.</p><p>The rapidly appreciating yen and the increasingly tense Japan-US trade war have also contributed to this outflow—a strong yen makes it easier for Japanese companies to invest in and acquire overseas companies, while building factories overseas can circumvent US sanctions on \"Made in Japan\".</p><p>From 1985 to 1990, Japanese companies conducted a total of 21 giant overseas mergers and acquisitions worth more than 50 billion yen.</p><p>In 1989, Mitsubishi bought Rockefeller Center for $1.4 billion, Panasonic bought Universal Pictures for $6 billion, and Sony bought Columbia Pictures for $3.4 billion—including the Spider-Man rights that Marvel has yet to reclaim.</p><p>The Japanese even had the ambition to buy the United States into \"Japan's 41st prefecture.\" Why does the city look so much like Tokyo from the 70th floor of the InterContinental Hotel in Los Angeles?</p><p>Because the Japanese bought half of the real estate here back then.</p><p><img src=\"https://static.tigerbbs.com/6420f38680bf983f828177b00418e180\" tg-width=\"528\" tg-height=\"375\" referrerpolicy=\"no-referrer\"/></p><p>In his book \"Anger Across the Pacific,\" Japanese scholar Kan Ito wrote that some Japanese believe Japan will become the next \"superpower\" and that the government will lead its people to \"end the era of America.\"</p><p>However, these properties belong to giant corporations, conglomerates, speculators, and wealthy foreign businessmen, but they do not belong to the Japanese people.</p><p>In 2020, the Sankei Shimbun reported that the revenue of Japanese overseas subsidiaries had increased by 220% in the past 20 years, while according to OECD statistics, the per capita purchasing power in Japan in 2020 was only US$39,000, an increase of only 4% compared to 1990.</p><p><b>1. Income that remains unchanged for thirty years</b></p><p>After 1900, Japanese investment activities came to an abrupt halt.</p><p>Banks went bankrupt, factories closed down, and mortgages became a disaster, forcing banks rife with non-performing assets to merge and restructure. The sharply rising production costs caused a large number of businesses to go bankrupt, and ordinary people suffered the most—they were laid off in the wave of bankruptcies, their life savings evaporated in the bubble crisis, and they were burdened with heavy mortgages.</p><p>After the collapse of the lifetime employment system and seniority system, the \"corporate slave\" culture, which worked desperately to keep its job, did not originate from Japan's bubble crisis, but it solidified afterward—accepting the exploitation of competition and the gears that prioritize production efficiency became the most helpless choice for Japanese workers.</p><p>However, the tide of social development propelled the Japanese forward, but failed to bring them the rewards they deserved.</p><p><img src=\"https://static.tigerbbs.com/11648f82b27132391bb1a6cef2c3432a\" tg-width=\"528\" tg-height=\"296\" referrerpolicy=\"no-referrer\"/></p><p>In February 2021, the \"Labor Statistics Survey\" released by Japan's Ministry of Health, Labour and Welfare showed that the average monthly salary in Japan in 2020 was 318,299 yen, equivalent to about 19,600 yuan, a year-on-year decrease of 1.2%, marking the largest drop in 12 years.</p><p>This figure was around 350,000 yuan in 1990, when the average annual income of Japanese people was 4.25 million yen. At the exchange rate at the time, the monthly salary was about 11,600 yuan.</p><p>Average annual income, which has remained stagnant for 30 consecutive years, has become Japan's most intense \"birth control pill\".</p><p><b>2. Irreversible aging</b></p><p>In 2020, Japan ranked 11th in the world in terms of total population, marking the first time it had fallen out of the top ten since 1950. From 1974 to 2020, Japan's birth rate dropped from 1.86% to 0.67%, and around 2008 it began to fall into 13 consecutive years of negative population growth.</p><p>Meanwhile, Japan has 36.4 million people aged 65 and above, accounting for 29.1% of the total population.</p><p>Japan's declining birthrate and aging population have led to a severe labor supply shortage and a slowdown in labor productivity growth, resulting in a continued slowdown in economic growth.</p><p>\"From 1961 to 2020, the growth rates of Japan's working-age population and labor productivity changed basically in sync with economic trends. While the average growth rate of Japan's working-age population remained at a high level of 1.6% and the labor productivity growth rate peaked at 8.4% from 1961 to 1975, the average real GDP growth rate also remained at a high level of 7.7%; from 1976 to 1988, the working-age population and labor productivity maintained low growth rates of 0.9% and 3.7% respectively, and the real GDP growth rate also dropped to 4.4%.\" From 1989 to 2020, the growth rates of the working-age population and labor productivity dropped sharply from 0.9% and 4.4% to -0.8% and 1.1%, respectively, while the real GDP growth rate dropped from 5.4% to -4.4%.</p><p>With the working population declining and tax revenue decreasing, the need for pension and other expenses is expanding rapidly. Since 1990, the number of people relying on pensions has been five times that of taxpayers.</p><p><img src=\"https://static.tigerbbs.com/8c92a0dfa8f71abcdb41b554124294a7\" tg-width=\"528\" tg-height=\"302\" referrerpolicy=\"no-referrer\"/></p><p>In 2004, Japan launched pension reform, raising taxes by 0.354% annually. By 2017, taxpayers' pension contributions had accounted for 18.3% of their annual income, becoming a heavy burden on the Japanese people.</p><p>Japan's ranking in the Human Development Index (which measures per capita GDP, education, and healthcare) fell from number one in the world in 1990 to nineteenth in 2020.</p><p>At the same time, the decline in expected income has led to a negative attitude towards life, low material desires, and a lack of motivation among young Japanese people, resulting in the emergence of a \"secluded generation\". According to the definition of Japan's Ministry of Health, Labour and Welfare, secluded people are people who stay at home for more than 6 months and have almost cut off contact with the outside world. According to data from the Cabinet Office's \"Living Conditions Survey\", the number of secluded people aged 15-39 and 40-64 reached 541,000 and 613,000 respectively.</p><p>The consumption and housing demand of the elderly is far lower than that of young people, and young people severely lack the desire to consume, making it difficult for total consumption to increase significantly, and Japan has fallen into a \"low-desire society\".</p><p><b>3. Lifetime QE, but consistently weak.</b></p><p>In 2021, Japan's GDP fell below the \"50s\" with a total GDP of $4,937.4 billion, but it still ranks as the world's third-largest economy, surpassing Europe, which doesn't seem to be bad.</p><p>In reality, Japan's GDP had already reached $5.55 trillion in 1995, when the ratio of Japan's GDP to the United States' GDP was 71.34%. In 2021, this ratio increased to 21.46%.</p><p><img src=\"https://static.tigerbbs.com/0823be1f503a8cdff0d86e9ba57b90cf\" tg-width=\"528\" tg-height=\"231\" referrerpolicy=\"no-referrer\"/></p><p>Compared to its past glory, Japan today is indeed in some difficulty.</p><p>Meanwhile, Japan's macro leverage ratio is also among the highest in the world. According to the latest data from the Bank for International Settlements (BIS), at the end of the second quarter of 2021, the macro leverage ratio among countries was 286.2% in the United States, 284.3% in the Eurozone, and 416.5% in Japan.</p><p>The massive amount of debt stems from Japan's decades-long quantitative easing.</p><p>quantitative easing is an innovation in Japan's financial sector.</p><p>In 1998, the Bank of Japan first began implementing a zero-interest-rate and quantitative easing policy, which regulates economic activity by controlling the money supply.</p><p>In 2013, Bank of Japan Governor Haruhiko Kuroda launched a monetary policy stimulus plan to boost inflation.</p><p>Since 2013, the yen has continued to depreciate against the US dollar, and exports have achieved significant growth. Meanwhile, Japan's benchmark interest rate has been declining steadily, with the 10-year Treasury Bond rate even falling to negative numbers in 2016.</p><p>Meanwhile, the Bank of Japan began to purchase ETFs (exchange-traded funds) on a large scale, with an average annual ETF purchase volume of nearly 4 trillion yen. By 2021, the Bank of Japan held more than 80% of equity ETFs and more than 5% of the total market capitalization of the Tokyo Stock Exchange.</p><p>Although the Nikkei 225 index has strengthened from around 8,000 points in 2012, even breaking through the 30,000-point mark in February 2021, it still seems to be a mirage of bubble prosperity, because the massive amount of base money injected by the Bank of Japan has neither raised inflation nor boosted economic growth.</p><p>In terms of economic structure, apart from core basic raw materials, which still maintain a barrier advantage, Japan's other industries are almost stagnating. The markets in the automotive, shipbuilding, machine tool, and electronics industries are being divided up by countries such as the United States, China, and South Korea, with little achievement in emerging industries.</p><p>Currently, Japan has only 6 unicorn companies, far behind the 554, 180, 64, 43, and 26 companies in the United States, China, India, the United Kingdom, and Germany, all of which are valued at less than $2 billion.</p><p>Meanwhile, Japan's debt expanded rapidly. As of the end of December 2021, Japan's national debt, consisting of Treasury Bond, borrowings and short-term government securities, reached 1,218.4 trillion yen, and the per capita debt of Japanese citizens was approximately 9.71 million yen, equivalent to about 534,573 yuan.</p><p>However, while central banks in the US, UK, and Europe have all begun to tighten their stance, the Bank of Japan has not changed its loose monetary policy.</p><p><b>\"Counter-market\" easing, unlimited money printing, and consecutive declines in the yen</b></p><p>The yen's continuous decline began in March.</p><p>Following the release of the Federal Reserve's rate hike in March, which signaled that it would further increase rate hike and accelerate shrinking balance sheet, both the UK and Europe began to accelerate the tightening of monetary policy. However, the Bank of Japan did the opposite and insisted on maintaining its quantitative easing policy.</p><p>On March 28, the Bank of Japan issued a press release announcing that it would launch a \"continuous fixed-price market operation\" between March 29 and 31 to curb interest rate increases, which involves purchasing an unlimited amount of government bonds from private financial institutions at a specified interest rate.</p><p>On that day, the yen plummeted 1.38%.</p><p>On April 20, less than a month later, the Bank of Japan announced unlimited purchases of 10-year Treasury Bond to defend the 0.25% yield cap on the 10-year Japanese Treasury Bond, further driving the depreciation of the yen.</p><p>Some experts believe that because the depreciation of the yen is beneficial to Japan's export-oriented economy, the Bank of Japan has consistently used a loose monetary environment as an important means to boost market expectations. Especially now that the new fiscal year has just begun, the Bank of Japan is less likely to tighten monetary policy.</p><p>But can easing save the Japanese economy?</p><p>In reality, Japan's trade structure is unstable. Since the Abe administration took office and introduced unlimited stimulus policies, total exports have declined continuously from 2012 to 2015, and only maintained a trade surplus in 2016 and 2017.</p><p><img src=\"https://static.tigerbbs.com/2b2490580bd25519041d5aef1bb5c3c0\" tg-width=\"525\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/></p><p>The recent surge in global crude oil and raw material prices, coupled with the depreciation of the yen, has increased costs for Japanese companies and broadened the channels for imported inflation. Meanwhile, according to data from the OECD's \"Value-Added Trade Statistics,\" Japan's domestic added value has fallen from 94% in 1995 to 83% in 2018, a decrease of 11%. It is becoming increasingly difficult for Japan's related high-value-added products and services to offset their ever-increasing production costs.</p><p>The only beneficiaries were domestic Japanese speculators. With the Federal Reserve's significant intervention, US Treasury yields continued to soar, and the interest rate differential between the US, Japan, and Treasury Bond became increasingly large. As a result, domestic speculators began to short the yen on a large scale, using the yen to buy US Treasury bonds for arbitrage.</p><p>What about ordinary people?</p><p>Rising prices have led to increased living costs and weakened consumer power, and the \"lost thirty years\" seem to be about to be postponed again. The depreciation of the yen, which the Bank of Japan has deemed \"beneficial to the economy,\" has never effectively boosted Japan's economic growth for many years. Instead, it has prevented the Japanese economy from escaping from large-scale monetary easing policies for more than a decade.</p><p>Thirty years ago, then-central bank governor Yasushi Mie No warned the government: A country must not survive by inflating economic bubbles, otherwise it will be a great harm to the country.</p><p>Shortly after he took office, Japan implemented a tight monetary policy, significantly increasing loan interest rates and proactively bursting the bubble. This hard landing plunged Japan into decades of depression, but it is often regarded by later generations as a decisive act of \"cutting off one's own arm\".</p><p>However, the car in front has overturned, and the rest is unknown.</p><p>Thirty years later, Japan still seems to be the same Japan.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/vyE5FKltsfEpcN7v5P6r4w\">风暴眼工作室</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ab6491f7a764c5c5f68017952b8c2931","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/vyE5FKltsfEpcN7v5P6r4w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172335974","content_text":"7月8日，日本前首相安倍晋三遭遇枪击的消息震惊全世界。据央视报道，当地时间8日，日本前首相安倍晋三当天上午在奈良发表演讲时中枪 。据悉，安倍晋三在上救护车时还有意识，目前安倍晋三已经没有生命体征。日元汇率也受到了影响，截至7月8日11：30，美元兑日元跌幅扩大至0.47%，报135.37，日元有所升值。安倍遇刺，日元为何会突然升值？或许与其任期内力主推动的“安倍经济学”有关。安倍晋三2012年底上台后加速实施的一系列刺激经济政策，最值得注目的就是宽松货币政策，日元汇率开始加速贬值。今年以来，日元汇率持续下跌态势更加明显。6月13日，日元兑美元汇率一度跌破135日元兑换1美元关口，创下约24年的新低。而从2021年初至今的一年多时间内，日元相对美元已经大幅贬值超过25%。作为传统避险货币持续大跌，让日债和日元资产开始被大幅抛售。虽然日本央行行长黑田东彦重申了他的观点，即日本央行必须维持其大规模刺激计划，以支撑脆弱的经济复苏。但对于普通日本人，脆弱的经济复苏是否需要用日元的大幅贬值来支撑还是值得商榷，毕竟日本作为一个进口大国，能源对外依存度高达88%，粮食自给率仅有37%。日元贬值带来的大宗商品价格抬升，将直接影响市民的生活。尤其是大幅宽松了这么多年，可从1990年日本经济崩溃以来，日本平均年GDP增长率不足1%。宽高了房产、宽起了物价，独独没有宽起来居民的可支配收入，人们多少缺乏点信心。在已经经历了“失落的十年”、\"失落的二十年\"、“失落的三十年”之后，日本的失落眼看着要奔向亚特兰蒂斯的那个时间维度去了。第四个十年，日本又是否能绝地翻盘呢？安倍和他的“安倍经济学”虽然安倍晋三在2020年8月就已经辞任首相，但日元如今的大幅贬值却和他的“安倍经济学”联系紧密。2012年底，安倍晋三再次担任日本首相，随即抛出“拼经济”路线，被媒体热炒为“安倍经济学”。所谓“安倍经济学”，是通过实验性质的货币政策(简称QQE)、积极财政政策和经济结构改革来解决日本经济问题的政策组合。包括“三大策略”：其一，提出日本史上最大规模的量化宽松（QE）货币政策，央行每月购买国债7.5万亿日元；其二，突破前任政府预算总额70万亿日元的扩张性财政政策；其三，囊括《跨太平洋战略经济伙伴协定》（TPP）、放松管制以唤起民间投资和促进创新等在内的一揽子增长战略。安倍经济学是为了解决1990年代以后日本经济不断低迷而做出的最新努力。那么实施效果如何呢？全球宏观投机的一篇分析文章指出，安倍经济学是一个伟大的经济实验，日本金融家和政治家打破成见，用结构调整、财政和货币政策三管齐下的方法提升日本潜在经济增长率，克服通货紧缩。实验的前三年，获得了相当成功。文章同时也指出，“安倍经济学”2016到2020年则表现暗淡。新冠疫情冲击下部分安倍经济学的目标得以实现，尤其是通胀预期、日元汇率、真实利率和股票价格等，但是同期的潜在产出成长并不佳，证明了结构改革推进不力。中国社会科学院日本研究所副所长张季风认为，安倍在经济治理上的成绩大家有目共睹，但是也有较为严重的问题。其中最严重的问题就是财政状况困难，这个局面始终没有得到改变。中国现代国际关系研究院东北亚研究所副研究员刘云认为，若仅从日本GDP来看，会有所误解，认为安倍经济学不太成功。但如果从整体上看，日本经济是一个向上的姿态，例如日本的工资有增加、大企业利润增速不错，所以日本经济形势是有所好转的。“失落”始于1990“安倍经济学”的初衷是为了挽救日本持续低迷的经济。而“失落的十年”最早被提出，则是1990年日本股市泡沫破灭。在这场让日本一蹶不振的泡沫大破灭之前的十数年，日本曾是“缔造奇迹的国家”。从早期的棉纺织等劳动密集型企业开始积累资本，再到后来以制造业为核心产业，积极扩大投资、引进国外先进技术，从战后的废墟里迅速重建起本国的工业体系。到1964年，东京奥运会更是成为衔接日本经济发展转型的重要标志，由于大规模基建对钢铁的需求以及奥运会开幕对彩电的需求，日本的钢铁、机电行业蓬勃发展，日本经历了一个完整的“用衬衫换飞机”到“日本制造”的发展阶段。1965年，日本输出美国的钢铁占到了美国进口总量一半，1968年，日本成为了仅次美国的世界第二大经济体。与此同时，日本牢牢抓住了新一代的产业革命，汽车、钢铁、电信、半导体、制药全面制霸美国市场，日立、NEC、富士通、三菱和东芝群雄并起。而美国在当年对日的连年贸易赤字中，产业巨头们一片连年亏损，英特尔甚至一度濒临倒闭。在被日货打得找不着北的窘境之下，美国不顾脸面地发起了一场国人如今看起来很眼熟的贸易战——从1981年开始，行销全球的日系汽车开始被美国课以重税，并且在出口额度上被加以限制。同时，美国以日方“存在倾销行为”为由对日本的电脑、电视等高科技产品征收100%的关税，日本的半导体被设置出口价格下限、日本的芯片被征收100%惩罚性关税。美国议员直播砸碎日本产品此外，日系企业的高管被以“产业间谍罪”为名拘捕，日本被美国指责为“汇率操纵国”、从美国窃取知识产权，并被要求加大对美国农产品的进口力度、取消对外企不利的贸易条款、让日本在纺织品、钢铁、电视和机床等行业都实行自愿出口限制，同时进行工厂转移和产业升级……在不断指责日本通过国家扶持产业政策的同时，美国却在1988年出台新的贸易法，启用“超级301”条款——公然立法干预日本的产业与贸易政策，迫使日本进行制度性改革。1989年日美开始“日美结构协议”谈判，就经济政策、制度及企业行为等进行磋商，促使日本在流通体制、商业惯例等方面进行开放性改革：例如把住房作为战略性产业，进一步开放流通体制；进一步开放国内市场，按照自由贸易的原则重组进出口体制。截至1989年，美国贸易代表总计向日本发起了24例301条款案件调查，几乎全部由日本政府做出了让步。同时，由于1985年美国、日本、联邦德国、法国和英国达成的“广场协议”，日元兑美元汇率被迫大幅升值。1987年10月的“黑色星期一”之后，日元升值到120日元/美元，1988年度升幅高达90%。广场协议签订现场大幅升值的日元对以出口型经济为主的日本造成了毁灭性的打击，生产成本急剧上涨、优质企业开始逃向海外，为了应对汇率危机，日本政府开始大幅降息，寄希望于“发钱”让企业可以低成本去投资办厂。可实际上，由于实业回报周期过长，低利率贷出大量的日元并没有被投入到到实体经济，货币市场的充裕流动性，随着日元在广场协议后大幅升值的“强势”开始大量流入房市、股市以及奢侈品市场。1986 年开始，日本飞速膨胀的经济繁荣被称为“平成景气”，1985年末日经225股价指数收于13083点， 1989年末收于38916点，四年间日经225指数累计上涨197.45%，并且股票总市值继续膨胀至896万亿日元，占日本当年国民生产总值的60%。80年代的日本街头东京的地价则是坐地飞升，日本天皇的东京皇居土地价格就超过了整个法国的土地估价；银座地区一张1万日元的纸币扔在地上，也买不到它所覆盖的那一小片土地。同时，日本人成了全球最大的奢侈品消费国，他们横扫全球的手表店、珠宝店以及红酒酒庄，外资银行与证券公司在日本市场数钱数到手软。与经济现实完全背离的大批股指沽空期权之后，是泡沫膨胀到极致时爆发。1990年10月，日本长达5年的牛市结束，股市暴跌63.24%，创造了日本股市历史上最大的下跌幅度。次年，楼市暴跌65%，破产企业层出不穷，失业人群人数激增，整个国家财富缩水了近50%。同时，短期的大幅衰退让无数来不及抽身的普通人被各项资本投资标的物“套牢”，一场经济大洗牌让全社会的财富被转移至少数赢家手中。此后，日本经济开始长期处于低迷状态。日经平均指数由1989年12月29日历史高位38957，到2008年10月29日最低6994.9，累积跌幅逾82%，其后4年日经平均指数仍然始终徘徊在10,000点左右。也就是从90年代末开始，日本经济“失去的十年””开始不断见诸报端，并至今难题未解。三十年里，日本具体失去了什么？2010年，由于日本经济仍无起色，媒体开始提出日本经济“失去的二十年”。实际上，“二十年”依旧不是日本经济颓靡的终点。自38957的日经225指数历史最高收盘点位开始算起，此后一路下行，期间多次跌至1万点一下，直至2017年才止跌。2022年7月7日收盘，日经225指数收盘报26490.53点，距其最高点仍有一万多点的差距。那个让日元急剧升值的“广场协议”，被许多人认为是日本泡沫经济引发大萧条的根源。但对于这次大萧条的分析中，对于广场协议的批判并不是一致的。原日本大藏省副相行天丰雄甚至亲自出面驳斥过这一观点。因为在1985年~1990年，借强势日元下的海外投资，日本海外净资产从1万多亿美元上升到3万多亿美元，也就是所谓的“日本之外，还有一个日本”——日元10年升值300%的同时，是生产成本与人力成本的巨幅抬升。为了保持自己的竞争力，大量日企不得不将目光投向海外，这使得日企资本急速外流。升值迅速的日元与日渐焦灼的日美贸易战也助推了这一外流——强势的日元方便日企投资收购海外企业，同时在外建厂可以绕开美国对“日本制造”的制裁。从1985年到1990年，日本企业总共进行了21起500亿日元以上的巨型海外并购案。1989年，三菱公司14亿美元买下的洛克菲勒中心、松下60亿美元买下的美国环球影业、索尼公司以34亿美元买下哥伦比亚影片公司——其中包括漫威如今都没能收回的蜘蛛侠版权；日本人甚至雄心壮志地要将美国买成“日本的第四十一个县”，为什么从洛杉矶洲际酒店70楼看去的城市那么像东京？因为当年日本人买下了这里一半的地产。日本学者伊藤感在《横跨太平洋的愤怒》中写到，一些日本人相信日本会成为下一个\"超级大国\"，政府会带领民众\"终结美国的时代\"。只是这些地产，属于巨企、属于财团、属于投机者、属于外籍富商，但独独不属于日本的人民。2020年《产经新闻》报道，日本海外当地法人的营收在近20年内增长了220%，而按照OECD的统计数据，日本2020年的人均购买力水平仅为3.9万美元，比1990年仅增长了4%。1、三十年不动的收入1900年以后，日本的投资活动戛然而止。银行破产、工厂倒闭、房贷成灾，充斥着不良资产的银行不得不合并重组；剧烈抬升的生产成本让企业大批倒闭，最惨的还是普通人——在倒闭潮中被裁员、一辈子的积蓄在泡沫危机中挥发、还要背上沉重的房贷。而在终身雇佣制和年功序列崩解后，为了保住工作而拼命加班，“社畜”文化虽然不诞生于日本的泡沫危机，但却在这之后得到了固化——接受竞争和生产效率至上的齿轮对自己的压榨，成了日本打工人最无奈的选择。但社会发展的洪流推进着日本人前进，却没能给他们应有的回报。2021年2月，日本厚生劳动省发布的“勤劳统计调查”显示，日本2020年的人均月薪为31万8299日元，约合1.96万元人民币，同比减少1.2%，创下12年以来最大降幅。而这一数字在1990年时是35万元左右，当时的日本人平均年收入是425万日元，以当时的汇率计算，月薪约合1.16万人民币。连续30年“原地踏步”的平均年收入，成了日本最猛烈的“避孕药”。2、难以逆转的老龄化2020年，日本总人口居世界11位，是1950年以来首次跌出前十。从1974到2020年，日本出生率由1.86%降至0.67%，在2008年左右开始陷入连续13年的人口负增长。同时，日本65岁及以上老年人口达3640万，在总人口中所占比例达29.1%。少子老龄化，导致日本陷入严重的劳动力供给不足、劳动生产率增速趋缓，进而使经济增速持续放缓：“1961-2020年日本劳动年龄人口增速、劳动生产率增速与经济走势基本同步变化。伴随1961-1975年日本劳动年龄人口平均增速维持在1.6%的高位、劳动生产率增速达到8.4%峰值，实际GDP平均增速也维持在7.7%的高位；1976-1988年劳动年龄人口、劳动生产率分别维持0.9%、3.7%的低速增长，实际GDP增速也降至4.4%；1989-2020年劳动年龄人口、劳动生产率增速分别从0.9%、4.4%大幅降至-0.8%、1.1%，实际GDP增速从5.4%降至-4.4%。”在劳动人口下降，税收不断减少的情况下，需要支出的养老金等费用却在急速扩大，自1990年起，依附养老金生活的人数已经是纳税人的5倍。2004年日本启动了养老金改革，每年以0.354%的涨幅提高税收，到2017年纳税人缴纳的养老金已占到个人年收入的18.3%，成了日本民众沉重的负担。日本人类发展指数的排名（测量人均GDP，教育，以及医疗），则从1990年的世界第一掉落至2020年的世界第十九。同时，日本年轻人因预期收入下降而形成的生活态度消极、物质欲望低下、缺乏奋斗动力的风气，由此产生“蛰居族”。根据日本厚生劳动省定义，蛰居族为持续6个月以上待在家里不出门，几乎和外界断绝联系的人群，根据日本内阁府《生活状况相关调查》数据，15-39岁、40-64岁人口蛰居族分别达54.1、61.3万人。老年人的消费和购房需求远低于年轻人，年轻人又严重缺乏消费欲望，使得总消费难以大幅提升，日本陷入“低欲望社会”。3、终身QE，却始终乏力2021年，日本以49374亿美元的GDP总量跌下“5字头”，但依旧是傲视欧洲，名列世界第三大经济体的经济大国，看起来似乎并不差。但实际上，日本1995年GDP就已经达到了5.55万亿美元，当时日本GDP与美国GDP的比率是71.34%，2021年，这个比率变成了21.46%。与过往的辉煌相比，如今的日本确实有些困窘。同时，日本的宏观杠杆率也在全球领先。国际清算银行（BIS）最新数据显示，2021 年二季度末，各国宏观杠杆率中美国为286.2%、欧元区为284.3%，而日本为416.5%。庞大的债务规模来源于日本数十年的量化宽松。量化宽松，是日本在融领域的一个创新。1998年，日本央行本央行第一次开始实行零利率和量化宽松政策，即通过对通货供应量的控制来调节经济活动。2013年，日本央行行长黑田东彦推出提振通胀的货币政策刺激计划。从2013年开始，日元兑美元持续贬值，出口实现了较大幅度增长；同时日本基准利率一路下行，十年期国债利率在2016年甚至下降至负数。同时日本央行开始大规模购入ETF(交易所交易基金)，年均ETF购买规模接近4万亿日元，到2021年，日本央行持有股票占股票ETF的80%以上，占东京证券交易所总市值的5%以上。虽然日经225指数从2012年的八千点附近，一路走强，在2021年2月甚至突破了三万点大关，但这似乎仍然是一场镜花水月的泡沫化繁荣，因为日本央行注入的巨量基础货币既没有拉高通胀率，也没有拉动经济增长。经济结构上，日本除核心基础原材料依然保持壁垒优势，其他产业几乎都在裹足不前。汽车、造船、机床、电子产业的市场都在被美、中、韩等国瓜分，新兴产业上更是少有建树。目前日本独角兽企业数量仅6家，大幅落后于美、中、印、英、德、的554、180、64、43、26家，且估值均小于20亿美元。同时，日本的债务急剧扩张，截至2021年12月底，由国债、借款及政府短期证券构成的日本国家债务达到1218.4万亿日元，日本国民人均负债约为971万日元，约合人民币53万4573元。但在美、英、欧等央行均已开始紧缩步伐的当下，日本央行却仍旧未改变宽松的货币政策。“逆市”宽松、无限量印钞、日元连跌日元的连跌始于3月份。在3月美联储加息落地，并释放后续将加大加息幅度和加快缩表的信号后，英、欧均开始加速收紧货币政策，但日本央行却反其道而行之，坚持维持量化宽松政策。3 月 28 日，日本央行发布新闻稿宣布，将在3月 29-31 日间，发动抑制利率上升的“连续性指定价格市场操作”措施，即以指定的利率，无限量从民间金融机构手中收购公债。当天，日元汇率重挫1.38％。4月20日，不到一个月的时间内日本央行又宣布无限量购买10年期国债，以捍卫10年期日本国债0.25%的收益率上限，再度推动了日元的贬值。有专家认为，由于日元贬值有利于日本以出口为导向的经济，日本央行一直将宽松的货币环境作为提振市场预期的重要手段，尤其是在刚刚进入新财年的当下，日本央行更难有可能收紧货币政策。但宽松能挽救日本经济吗？实际上，日本贸易结构并不稳定，自安倍政府上台推出无限刺激政策后，出口总额在2012~2015年连续下降，仅2016、2017年两年保持了贸易顺差状态。近期全球原油和原材料价格飙升，日元贬值更是抬高了日本企业的成本，拓宽了输入型通胀的渠道。同时，根据OECD发布的“附加值贸易统计”数据显示，日本国内创造的附加值已经从1995年的94％降至2018年的83％，降低了11％，日本相关高附加值产品和服务已经越来越难抵消其不断提升的生产成本。唯一得益的，是日本本土的投机者们，随着美联储大幅落地，美债收益率持续飙涨，美日国债利差已经越来越大，于是本土的投机者们开始大规模沽空日元，借日元买美债的套利。对于老百姓来说呢？物价提升导致生活成本上升、消费力削弱，“失落的三十年”似乎又要延期——被日本央行认定“有利于经济”的日元贬值，多年来从未有效提振过日本的经济增长，反而让日本经济十数年来无法从大规模金融缓和政策中脱出。三十年前，时任央行行长三重野康告诫政府：一个国家绝对不能靠吹经济泡沫生存，否则将是国家的大害。于是在他上台不久后日本就实行了紧缩性的货币政策，大幅度提高了贷款利率，主动刺破泡沫。这场硬着陆让日本陷入了数十年的萧条，却也常被后人视为“壮士断腕”的果决。只是前车已覆，后未知更。三十年过去，日本似乎还是那个日本。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1633,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039463258,"gmtCreate":1646100931753,"gmtModify":1676534091328,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"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/9039463258","repostId":"1151733655","repostType":4,"repost":{"id":"1151733655","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":1646092945,"share":"https://ttm.financial/m/news/1151733655?lang=en_US&edition=fundamental","pubTime":"2022-03-01 08:02","market":"sh","language":"zh","title":"Last night and this morning | First round of negotiations concluded! Russia and Ukraine have found key points of consensus.","url":"https://stock-news.laohu8.com/highlight/detail?id=1151733655","media":"老虎资讯综合","summary":"摘要：①标普500指数板块多数收跌，能源板块逆市上涨；②新能源板块表现强势，特斯拉涨超7%；③美国WTI原油期货收高4.5%，创7年新高；④俄金融市场震荡，卢布汇率创历史新低。海外市场1、隔夜美股涨跌","content":"<p><html><head></head><body>Abstract: ① Most S&P 500 sectors closed lower, while the energy sector bucked the trend and rose; ② The new energy sector performed strongly.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose more than 7%; ③ U.S. WTI crude oil futures closed 4.5% higher, hitting a 7-year high; ④ Russian financial markets experienced volatility, with the ruble exchange rate hitting a record low.<b>Overseas markets</b></p><p>1. Overnight US stocks were mixed: the Nasdaq struggled to close up 0.41%, while new energy vehicle stocks surged, with Tesla rising over 7%.</p><p>U.S. stocks closed mixed on Monday. Western countries kicked Russia out of the SWIFT system, and the United States also banned Americans from doing transactions with the Russian central bank, sovereign wealth fund, or the Treasury Department. Russian President Vladimir Putin has raised Russia's nuclear alert level. At the close, the Nasdaq rose 0.41%, the Dow Jones Industrial Average fell 0.49%, and the S&P 500 fell 0.24%. All three major stock indices fell by more than 3% in February, marking their second consecutive monthly decline.</p><p>Sectors such as new energy vehicles performed strongly, with Tesla rising more than 7%.</p><p>2. Popular Chinese concept stocks closed mixed on Monday, with new energy vehicle stocks surging.</p><p><a href=\"https://laohu8.com/S/JKS\">Jinko Solar</a>Up more than 16%,<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>It rose more than 7%.<a href=\"https://laohu8.com/S/IQ\">iQiyi</a>Fog Core Technology rose more than 2%.<a href=\"https://laohu8.com/S/ATHM\">Autohome</a>It rose by more than 1%.<a href=\"https://laohu8.com/S/DADA\">Dada Group</a>It fell more than 13%.<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Ctrip fell more than 4%.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It fell more than 2%.<a href=\"https://laohu8.com/S/JD\">JD.com</a>It fell by more than 1%.</p><p>Among new energy vehicle stocks,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automobiles rose more than 9%.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It rose nearly 4%.</p><p>3. European stocks collectively closed lower, with the German DAX 30 index down 0.82%.</p><p>Germany's DAX30 index fell 0.82%, and France's CAC40 index fell 1.39%.<a href=\"https://laohu8.com/S/VUKE.UK\">UK FTSE 100</a>The index fell 0.49%, and the Euro Stoxx 50 index fell 1.31%.</p><p>European, American, and Russian-related assets plummeted, with Sberbank's UK shares falling by more than 70% and the VanEck Russia ETF falling by nearly 31%.</p><p>4. U.S. WTI crude oil futures closed 4.5% higher on Monday, hitting a seven-year high, after rising 8.6% in February.</p><p>U.S. WTI crude oil futures closed at a more than seven-year high on Monday, marking their third consecutive month of gains. Western countries have imposed tougher sanctions on Russia, raising concerns among traders that crude oil supplies could be affected.</p><p>Ultimately, West Texas Intermediate (WTI) crude oil for April delivery on the New York Mercantile Exchange rose $4.13, or 4.5%, to settle at $95.72 a barrel, its highest near-monthly closing price since late August 2014. In February, WTI crude oil futures prices rose 8.6%.</p><p>5. Gold futures closed 0.7% higher on Monday, up 5.8% in February.</p><p>Gold prices were boosted by new sanctions imposed on Russia by the United States and its allies over the weekend due to special military operations against Ukraine last week.</p><p>Ultimately, on Monday, gold futures for April delivery on the New York Mercantile Exchange rose $13.10, or 0.7%, to settle at $1,900.70 an ounce, after briefly touching a high of $1,935.20 during the session.</p><p>6. Russian financial markets experienced volatility, with the ruble hitting a record low.</p><p>Russian financial markets experienced significant volatility on the 28th due to geopolitical tensions.</p><p>On that day, the ruble exchange rate in the foreign exchange market hit a record low. According to data from the Moscow Stock Exchange, as of around 12:00 Moscow time (17:00 Beijing time), the US dollar exchange rate against the ruble rose to 1:108, and the euro exchange rate against the ruble rose to 1:120.</p><p>Earlier that day, the Central Bank of Russia announced that it would raise its benchmark interest rate to 20%. The central bank stated that raising the benchmark interest rate can safeguard deposit interest rates in order to cope with currency depreciation and inflation risks, maintain financial and price stability, and protect people's savings. In addition, the Central Bank of Russia will further assess internal and external risks, financial market reactions, and changes in inflation levels, and continue to take corresponding measures against key interest rates.</p><p><b>International macro</b></p><p>1. The Russia-Ukraine negotiations have concluded, and both sides have identified key points for potential future consensus.</p><p>Negotiations between Russia and Ukraine in Belarus have concluded, with both sides identifying key points for potential future consensus. Ukraine stated that the peace talks did not achieve the expected results, but some signals were received; The two sides mainly discussed the ceasefire issue, and all parties will return to consultations. The next negotiations are expected to take place in the coming days on the border between Belarus and Poland. The Kremlin previously stated that Russian President Vladimir Putin believes that resolving the issue requires the following conditions: recognizing Russia's sovereignty over Crimea; Demilitarization and de-Nazisation of Ukraine; Maintain Ukraine's neutrality.</p><p>2. The White House denies that the US military will establish a no-fly zone in Ukraine and refuses to engage in military conflict with Russia.</p><p>White House spokeswoman Jen Psaki said the Biden administration hopes to \"reduce rhetoric and de-escalate the conflict\" after Russian President Vladimir Putin ordered the country's deterrent forces to be placed on special alert. Psaki stated that the United States has not changed its alert level or assessment of Russia, but hopes to reduce rhetoric and de-escalate the conflict.</p><p>Psaki also stated that the U.S. believes that establishing a no-fly zone for the U.S. military in Ukraine is \"not a good idea,\" nor is it \"something the president wants to do.\" Because the military's imposition of a no-fly zone means it may face the need to shoot down Russian aircraft, \"this is definitely an escalation and could put us in a situation of military conflict with Russia.\"</p><p>Psaki also added that Biden will address the situation in Ukraine and announce new policy proposals during his State of the Union address on March 1.</p><p>3. Russia bans the transfer of foreign exchange funds overseas, posing a risk to its $478 billion foreign debt.</p><p>In retaliation for sanctions imposed by Europe and the United States, Russian President Vladimir Putin has banned Russian residents from transferring foreign currency to their accounts or deposits in foreign banks, including funds used to fulfill foreign loan contracts. This could put a large portion of the country's $478 billion foreign debt at risk of default.</p><p>4. Federal Reserve's Bostic still supports the March rate hike of 25 basis points, but may change his stance if inflation persists.</p><p>Atlanta Fed President Raphael Bostic said he favors a 25-basis-point rate hike at the March FOMC meeting, but would consider supporting a 50-basis-point rate hike if monthly inflation data does not fall from its highs.</p><p>“I still favor rate hike’s 25 basis points at the March meeting,” Bostic said Monday in a virtual discussion with Harvard students.</p><p>5、<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>The US inflation forecast for 2022 has been raised, with four more rate hike expected in 2023.</p><p>Goldman Sachs has raised its U.S. inflation forecast and expects the Federal Reserve's rate hike in 2023 to exceed previous expectations.</p><p>Goldman Sachs economist Jan Hatzius predicts that inflation will reach 3.7% by the end of 2022, compared to the previous forecast of 3.1%. Goldman Sachs expects inflation to rise to 2.4% by the end of 2023, up from 2.2%.</p><p>6. The United States and its allies discussed releasing a total of 60 million barrels of oil reserves.</p><p>Three sources familiar with the matter revealed that the United States and its allies are considering coordinating the release of approximately 60 million barrels of strategic petroleum reserves. It is understood that the current discussion focuses on the United States releasing 30 million barrels of oil, while other countries release a total of 30 million barrels. Sources familiar with the matter said that no final decision has been made yet, and discussions may continue for several more days. The United States is coordinating with other member countries of the International Energy Agency (IEA).</p><p>Two sources familiar with the matter said that officials from Saudi Arabia, the UAE, and other OPEC+ countries were also among those involved in the consultations. A final decision will be made within days, and U.S. officials are also discussing with allies the possibility of releasing more crude oil inventories later.</p><p><b>Company News</b></p><p>1、<a href=\"https://ttm.financial/NW/2216993081\" target=\"_blank\">Tesla shares surged more than 7% at the close on Monday; its Berlin Gigafactory is scheduled to open in March.</a></p><p>Tesla shares surged 7.48% to close at $870.43 on Monday as the approval process for the company's plan to build a factory near Berlin entered its final stages.</p><p>Tesla reportedly aims to produce at least 500,000 cars and their batteries annually at its Berlin Gigafactory (under construction in Glenheid, Brandenburg, Germany), and will create at least 12,000 local jobs.</p><p>2、<a href=\"https://ttm.financial/NW/1143254415\" target=\"_blank\">Zoom shares plunged as much as 13% in after-hours trading after first-quarter and full-year earnings guidance fell short of expectations.</a></p><p>Shares of video communication software maker Zoom plunged as much as 13% in after-hours trading on Monday after the company released miss the market expectation guidance for its first-quarter and full-year results.</p><p>The financial report shows that Zoom's adjusted earnings per share for the fourth quarter were $1.29, compared to market expectations of $1.06; Revenue grew 21% year-over-year to $1.07 billion, a slowdown from the 35% growth rate in the previous quarter, compared to market expectations of $1.05 billion.</p><p>3、<a href=\"https://ttm.financial/NW/2216160828\" target=\"_blank\">Chevron is betting heavily on alternative energy to acquire a renewable energy group at a premium of over 3 billion yuan.</a></p><p>On Monday (February 28) local time,<a href=\"https://laohu8.com/S/USEG\">U.S. energy</a>Chevron officially announced that it will acquire a renewable energy group for $3.15 billion.</p><p>Under this final agreement, Chevron will acquire REG's outstanding shares for $61.50 per share, a transaction valued at $3.15 billion, marking Chevron's largest bet in alternative energy to date.</p><p>4、<a href=\"https://ttm.financial/NW/2216096198\" target=\"_blank\">Microsoft hopes to speed up Azure cloud services through 5G networks</a></p><p>According to reports, Microsoft hopes to leverage 5G equipment from partners such as T-Mobile US (TMUS.US) to provide some customers with better data processing capabilities than regional data centers. It is understood that Microsoft has established a vast network of more than 60 data center regions around the world, which allows customers to process data or perform certain tasks on Microsoft data equipment located in the locations of customer companies. \"5G is an amazing technology,\" said Jason Zander, Microsoft's executive vice president of strategic missions and technology.</p><p>5、<a href=\"https://ttm.financial/NW/2216196194\" target=\"_blank\">Lucid shares plunged more than 13% in after-hours trading! The 2022 electric vehicle production forecast was significantly lowered.</a></p><p>In its Q4 2021 earnings report released after the U.S. stock market closed on Monday, Lucid (LCID.US) said it has lowered its 2022 production forecast for the Lucid Air electric vehicle from 20,000 units to 12,000-14,000 units due to supply chain constraints and component quality issues. Affected by this news, as of press time, the stock had fallen more than 13% in after-hours trading on Monday.</p><p></body></html></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>Last night and this morning | First round of negotiations concluded! Russia and Ukraine have found key points of consensus.</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\">\nLast night and this morning | First round of negotiations concluded! Russia and Ukraine have found key points of consensus.\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\">2022-03-01 08:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Abstract: ① Most S&P 500 sectors closed lower, while the energy sector bucked the trend and rose; ② The new energy sector performed strongly.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose more than 7%; ③ U.S. WTI crude oil futures closed 4.5% higher, hitting a 7-year high; ④ Russian financial markets experienced volatility, with the ruble exchange rate hitting a record low.<b>Overseas markets</b></p><p>1. Overnight US stocks were mixed: the Nasdaq struggled to close up 0.41%, while new energy vehicle stocks surged, with Tesla rising over 7%.</p><p>U.S. stocks closed mixed on Monday. Western countries kicked Russia out of the SWIFT system, and the United States also banned Americans from doing transactions with the Russian central bank, sovereign wealth fund, or the Treasury Department. Russian President Vladimir Putin has raised Russia's nuclear alert level. At the close, the Nasdaq rose 0.41%, the Dow Jones Industrial Average fell 0.49%, and the S&P 500 fell 0.24%. All three major stock indices fell by more than 3% in February, marking their second consecutive monthly decline.</p><p>Sectors such as new energy vehicles performed strongly, with Tesla rising more than 7%.</p><p>2. Popular Chinese concept stocks closed mixed on Monday, with new energy vehicle stocks surging.</p><p><a href=\"https://laohu8.com/S/JKS\">Jinko Solar</a>Up more than 16%,<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>It rose more than 7%.<a href=\"https://laohu8.com/S/IQ\">iQiyi</a>Fog Core Technology rose more than 2%.<a href=\"https://laohu8.com/S/ATHM\">Autohome</a>It rose by more than 1%.<a href=\"https://laohu8.com/S/DADA\">Dada Group</a>It fell more than 13%.<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Ctrip fell more than 4%.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It fell more than 2%.<a href=\"https://laohu8.com/S/JD\">JD.com</a>It fell by more than 1%.</p><p>Among new energy vehicle stocks,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automobiles rose more than 9%.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It rose nearly 4%.</p><p>3. European stocks collectively closed lower, with the German DAX 30 index down 0.82%.</p><p>Germany's DAX30 index fell 0.82%, and France's CAC40 index fell 1.39%.<a href=\"https://laohu8.com/S/VUKE.UK\">UK FTSE 100</a>The index fell 0.49%, and the Euro Stoxx 50 index fell 1.31%.</p><p>European, American, and Russian-related assets plummeted, with Sberbank's UK shares falling by more than 70% and the VanEck Russia ETF falling by nearly 31%.</p><p>4. U.S. WTI crude oil futures closed 4.5% higher on Monday, hitting a seven-year high, after rising 8.6% in February.</p><p>U.S. WTI crude oil futures closed at a more than seven-year high on Monday, marking their third consecutive month of gains. Western countries have imposed tougher sanctions on Russia, raising concerns among traders that crude oil supplies could be affected.</p><p>Ultimately, West Texas Intermediate (WTI) crude oil for April delivery on the New York Mercantile Exchange rose $4.13, or 4.5%, to settle at $95.72 a barrel, its highest near-monthly closing price since late August 2014. In February, WTI crude oil futures prices rose 8.6%.</p><p>5. Gold futures closed 0.7% higher on Monday, up 5.8% in February.</p><p>Gold prices were boosted by new sanctions imposed on Russia by the United States and its allies over the weekend due to special military operations against Ukraine last week.</p><p>Ultimately, on Monday, gold futures for April delivery on the New York Mercantile Exchange rose $13.10, or 0.7%, to settle at $1,900.70 an ounce, after briefly touching a high of $1,935.20 during the session.</p><p>6. Russian financial markets experienced volatility, with the ruble hitting a record low.</p><p>Russian financial markets experienced significant volatility on the 28th due to geopolitical tensions.</p><p>On that day, the ruble exchange rate in the foreign exchange market hit a record low. According to data from the Moscow Stock Exchange, as of around 12:00 Moscow time (17:00 Beijing time), the US dollar exchange rate against the ruble rose to 1:108, and the euro exchange rate against the ruble rose to 1:120.</p><p>Earlier that day, the Central Bank of Russia announced that it would raise its benchmark interest rate to 20%. The central bank stated that raising the benchmark interest rate can safeguard deposit interest rates in order to cope with currency depreciation and inflation risks, maintain financial and price stability, and protect people's savings. In addition, the Central Bank of Russia will further assess internal and external risks, financial market reactions, and changes in inflation levels, and continue to take corresponding measures against key interest rates.</p><p><b>International macro</b></p><p>1. The Russia-Ukraine negotiations have concluded, and both sides have identified key points for potential future consensus.</p><p>Negotiations between Russia and Ukraine in Belarus have concluded, with both sides identifying key points for potential future consensus. Ukraine stated that the peace talks did not achieve the expected results, but some signals were received; The two sides mainly discussed the ceasefire issue, and all parties will return to consultations. The next negotiations are expected to take place in the coming days on the border between Belarus and Poland. The Kremlin previously stated that Russian President Vladimir Putin believes that resolving the issue requires the following conditions: recognizing Russia's sovereignty over Crimea; Demilitarization and de-Nazisation of Ukraine; Maintain Ukraine's neutrality.</p><p>2. The White House denies that the US military will establish a no-fly zone in Ukraine and refuses to engage in military conflict with Russia.</p><p>White House spokeswoman Jen Psaki said the Biden administration hopes to \"reduce rhetoric and de-escalate the conflict\" after Russian President Vladimir Putin ordered the country's deterrent forces to be placed on special alert. Psaki stated that the United States has not changed its alert level or assessment of Russia, but hopes to reduce rhetoric and de-escalate the conflict.</p><p>Psaki also stated that the U.S. believes that establishing a no-fly zone for the U.S. military in Ukraine is \"not a good idea,\" nor is it \"something the president wants to do.\" Because the military's imposition of a no-fly zone means it may face the need to shoot down Russian aircraft, \"this is definitely an escalation and could put us in a situation of military conflict with Russia.\"</p><p>Psaki also added that Biden will address the situation in Ukraine and announce new policy proposals during his State of the Union address on March 1.</p><p>3. Russia bans the transfer of foreign exchange funds overseas, posing a risk to its $478 billion foreign debt.</p><p>In retaliation for sanctions imposed by Europe and the United States, Russian President Vladimir Putin has banned Russian residents from transferring foreign currency to their accounts or deposits in foreign banks, including funds used to fulfill foreign loan contracts. This could put a large portion of the country's $478 billion foreign debt at risk of default.</p><p>4. Federal Reserve's Bostic still supports the March rate hike of 25 basis points, but may change his stance if inflation persists.</p><p>Atlanta Fed President Raphael Bostic said he favors a 25-basis-point rate hike at the March FOMC meeting, but would consider supporting a 50-basis-point rate hike if monthly inflation data does not fall from its highs.</p><p>“I still favor rate hike’s 25 basis points at the March meeting,” Bostic said Monday in a virtual discussion with Harvard students.</p><p>5、<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>The US inflation forecast for 2022 has been raised, with four more rate hike expected in 2023.</p><p>Goldman Sachs has raised its U.S. inflation forecast and expects the Federal Reserve's rate hike in 2023 to exceed previous expectations.</p><p>Goldman Sachs economist Jan Hatzius predicts that inflation will reach 3.7% by the end of 2022, compared to the previous forecast of 3.1%. Goldman Sachs expects inflation to rise to 2.4% by the end of 2023, up from 2.2%.</p><p>6. The United States and its allies discussed releasing a total of 60 million barrels of oil reserves.</p><p>Three sources familiar with the matter revealed that the United States and its allies are considering coordinating the release of approximately 60 million barrels of strategic petroleum reserves. It is understood that the current discussion focuses on the United States releasing 30 million barrels of oil, while other countries release a total of 30 million barrels. Sources familiar with the matter said that no final decision has been made yet, and discussions may continue for several more days. The United States is coordinating with other member countries of the International Energy Agency (IEA).</p><p>Two sources familiar with the matter said that officials from Saudi Arabia, the UAE, and other OPEC+ countries were also among those involved in the consultations. A final decision will be made within days, and U.S. officials are also discussing with allies the possibility of releasing more crude oil inventories later.</p><p><b>Company News</b></p><p>1、<a href=\"https://ttm.financial/NW/2216993081\" target=\"_blank\">Tesla shares surged more than 7% at the close on Monday; its Berlin Gigafactory is scheduled to open in March.</a></p><p>Tesla shares surged 7.48% to close at $870.43 on Monday as the approval process for the company's plan to build a factory near Berlin entered its final stages.</p><p>Tesla reportedly aims to produce at least 500,000 cars and their batteries annually at its Berlin Gigafactory (under construction in Glenheid, Brandenburg, Germany), and will create at least 12,000 local jobs.</p><p>2、<a href=\"https://ttm.financial/NW/1143254415\" target=\"_blank\">Zoom shares plunged as much as 13% in after-hours trading after first-quarter and full-year earnings guidance fell short of expectations.</a></p><p>Shares of video communication software maker Zoom plunged as much as 13% in after-hours trading on Monday after the company released miss the market expectation guidance for its first-quarter and full-year results.</p><p>The financial report shows that Zoom's adjusted earnings per share for the fourth quarter were $1.29, compared to market expectations of $1.06; Revenue grew 21% year-over-year to $1.07 billion, a slowdown from the 35% growth rate in the previous quarter, compared to market expectations of $1.05 billion.</p><p>3、<a href=\"https://ttm.financial/NW/2216160828\" target=\"_blank\">Chevron is betting heavily on alternative energy to acquire a renewable energy group at a premium of over 3 billion yuan.</a></p><p>On Monday (February 28) local time,<a href=\"https://laohu8.com/S/USEG\">U.S. energy</a>Chevron officially announced that it will acquire a renewable energy group for $3.15 billion.</p><p>Under this final agreement, Chevron will acquire REG's outstanding shares for $61.50 per share, a transaction valued at $3.15 billion, marking Chevron's largest bet in alternative energy to date.</p><p>4、<a href=\"https://ttm.financial/NW/2216096198\" target=\"_blank\">Microsoft hopes to speed up Azure cloud services through 5G networks</a></p><p>According to reports, Microsoft hopes to leverage 5G equipment from partners such as T-Mobile US (TMUS.US) to provide some customers with better data processing capabilities than regional data centers. It is understood that Microsoft has established a vast network of more than 60 data center regions around the world, which allows customers to process data or perform certain tasks on Microsoft data equipment located in the locations of customer companies. \"5G is an amazing technology,\" said Jason Zander, Microsoft's executive vice president of strategic missions and technology.</p><p>5、<a href=\"https://ttm.financial/NW/2216196194\" target=\"_blank\">Lucid shares plunged more than 13% in after-hours trading! The 2022 electric vehicle production forecast was significantly lowered.</a></p><p>In its Q4 2021 earnings report released after the U.S. stock market closed on Monday, Lucid (LCID.US) said it has lowered its 2022 production forecast for the Lucid Air electric vehicle from 20,000 units to 12,000-14,000 units due to supply chain constraints and component quality issues. Affected by this news, as of press time, the stock had fallen more than 13% in after-hours trading on Monday.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151733655","content_text":"摘要：①标普500指数板块多数收跌，能源板块逆市上涨；②新能源板块表现强势，特斯拉涨超7%；③美国WTI原油期货收高4.5%，创7年新高；④俄金融市场震荡，卢布汇率创历史新低。海外市场1、隔夜美股涨跌不一：纳指艰难收涨0.41% 新能源车股狂飙特斯拉涨超7%美股周一收盘涨跌不一。西方国家将俄罗斯踢出SWIFT系统，美国还禁止美国人与俄罗斯央行、国家财富基金或财政部做交易。俄罗斯总统普京提高了俄罗斯的核警戒级别。截至收盘，纳指涨0.41%，道指跌0.49%，标普跌0.24%。三大股指2月份均累跌逾3%，并录得月线两连跌。新能源汽车等板块表现强势，特斯拉涨超7%。2、热门中概股周一收盘涨跌互现 新能源汽车股大涨晶科能源涨超16%，新东方涨超7%，爱奇艺、雾芯科技涨超2%，汽车之家涨超1%。达达集团跌超13%，网易、携程跌超4%，阿里巴巴跌超2%，京东跌超1%。新能源汽车股中，理想汽车、蔚来汽车涨超9%，小鹏汽车涨近4%。3、欧股集体收跌 德国DAX30指数跌0.82%德国DAX30指数跌0.82%，法国CAC40指数跌1.39%，英国富时100指数跌0.49%，欧洲斯托克50指数跌1.31%。欧美俄罗斯概念资产暴跌，俄Sberbank英股跌超70%，VanEck Russia ETF跌近31%。4、美国WTI原油期货周一收高4.5%创7年新高，2月份上涨8.6%美国WTI原油期货周一收于逾七年高位，并录得连续第三个月收高。西方国家对俄罗斯实施更严厉制裁措施，令交易商担忧原油供应可能受到影响。最终，纽约商品交易所4月交割的西德克萨斯中质原油(WTI)上涨4.13美元，涨幅为4.5%，收于每桶95.72美元，为2014年8月下旬以来的最高近月收盘价。在2月，WTI原油期货价格上涨8.6%。5、黄金期货周一收高0.7%，2月份上涨5.8%由于上周对乌克兰采取特别军事行动，美国及其盟国周末对俄罗斯实施了新的制裁，令金价得到提振。最终，周一，纽约商品交易所4月交割的黄金期货价格上涨13.10美元，涨幅为0.7%，收于每盎司1900.70美元，盘中一度触及1935.20美元的高位。6、俄金融市场震荡，卢布汇率创历史新低受地缘政治局势紧张影响，俄罗斯金融市场28日出现大幅震荡。当天，外汇市场卢布汇率创历史最低。莫斯科证券交易所数据显示，截至莫斯科时间12时(北京时间17时)左右，美元对卢布汇率涨至1比108，欧元对卢布汇率涨至1比120。当日早些时候，俄罗斯央行宣布将基准利率提升至20%。央行声明说，提高基准利率可保障存款利率水平，以应对本币贬值与通胀风险、维持金融与价格稳定，保护民众储蓄。此外，俄央行将会对内外部风险、金融市场反应与通胀水平变化作进一步评估，继续针对关键利率采取相应措施。国际宏观1、俄乌谈判已经结束 双方找到未来可能达成共识的要点俄罗斯与乌克兰在白俄罗斯举行的谈判结束，双方在谈判中找到了未来可能达成共识的要点。乌方表示，和谈没有取得预期结果，得到了一些信号；双方主要讨论了停火问题，各方将返回磋商。下次谈判预计将在未来几天内在白俄罗斯与波兰边境举行。克里姆林宫此前称，俄罗斯总统普京认为解决问题需要达成以下条件，即承认俄罗斯对克里米亚的主权；乌克兰非军事化，去纳粹化；保持乌克兰的中立地位。2、白宫否认美军将在乌克兰建立禁飞区，拒绝与俄方发生军事冲突美国白宫发言人珍·普萨基表示，俄罗斯总统普京下令将国家威慑力量进入特殊戒备状态之后，拜登政府希望“减少言辞并降级冲突”。普萨基称，美国并没有改变对俄的警报级别和评估，但是希望减少言辞并降级冲突。普萨基同时表示，美方认为美军在乌克兰建立禁飞区“不是一个好主意”，也不是“总统想做的事情”。因为军方实施禁飞区意味着可能面对需要击落俄罗斯飞机的情况，“这绝对是升级，可能会让我们陷入与俄罗斯发生军事冲突的境地”。普萨基还补充，拜登将在3月1日的国情咨文演讲中谈论乌克兰局势并宣布新的政策提案。3、俄罗斯禁止外汇资金转到海外 4780亿美元外债面临风险作为对欧美制裁措施的报复，俄罗斯总统普京禁止俄罗斯居民将外币转移到他们的账户或在外国银行的存款中，包括用于履行外国贷款合同的款项，这可能使该国4780亿美元外债中的很大一部分面临违约风险。4、美联储Bostic仍支持3月加息25个基点 若通胀持续则可能改变立场亚特兰大联储行长Raphael Bostic表示，他赞成在3月FOMC会上加息25个基点，但如果月度通胀数据未从高位回落，他会考虑支持加息50个基点。“我仍然赞成3月会议加息25个基点，”Bostic周一在与哈佛大学学生的虚拟讨论中表示。5、高盛上调美国2022年通胀预期 预计2023年还会加息四次高盛集团上调了美国通胀预期，并预计美联储2023年的加息幅度将超过此前预期。高盛经济学家Jan Hatzius预计，到2022年底，通胀将达到3.7%，而此前的预测是3.1%。高盛预计，到2023年底，通胀涨幅将从之前的2.2%上涨至2.4%。6、美国和盟国讨论合计释放6000万桶石油储备三位知情人士透露，美国及其盟国正考虑协调释放约6000万桶战略石油储备。据悉目前的讨论重点是美国投放3000万桶石油，其他国家总计释放3000万桶。知情人士说，目前还没有做出最终决定，讨论可能还会持续几天，美国正在与国际能源署(IEA)其他成员国协调。两位知情人士表示，参与磋商的人士中还包括来自沙特、阿联酋和其他欧佩克+国家的官员。最终决定将在几天内做出，美国官员也在与盟国商讨稍后释放更多库存原油的可能性。公司新闻1、特斯拉周一收盘大涨逾7% 柏林超级工厂将于3月开业特斯拉股价周一收盘大涨7.48%，收于870.43美元，该公司计划在柏林附近建厂的审批程序已进入最后阶段。据报道，特斯拉的目标是在其“柏林超级工厂”（正在德国勃兰登堡州格伦海德建造）每年生产至少50万辆汽车以及这些汽车的电池，并将创造至少12000个本地工作岗位。2、Zoom盘后一度大跌13% 一季度和全年业绩指引不及预期视频通讯软件制造商Zoom股价周一盘后一度大跌13%，此前该公司发布的一季度和全年业绩指引不及市场预期。财报显示，Zoom四季度调整后每股收益1.29美元，市场预期1.06美元；营收同比增长21%至10.7亿美元，较上一季度35%的增幅相比有所放缓，市场预期10.5亿美元。3、重金押注替代能源 雪佛龙超30亿溢价收购可再生能源集团当地时间周一（2月28日），美国能源巨头雪佛龙公司官方宣布，公司将以31.5亿美元收购可再生能源集团。根据这项最终协议，雪佛龙将以每股61.50美元的价格收购REG的流通股，交易价值达31.5亿美元，成为雪佛龙迄今为止在替代能源的方面的最大押注。4、微软希望通过5G网络加快Azure云服务速度据报道，微软希望借助T-Mobile US(TMUS.US)等合作伙伴的5G设备，为一些客户远程提供比地区数据中心更好的数据处理能力。据悉，微软已在全球建立了一个由60多个数据中心区域组成的庞大网络，该服务可以让客户在位于客户公司所在地的微软数据设备上处理数据或执行某些任务。微软负责战略任务和技术的执行副总裁Jason Zander表示:“5G是令人惊叹的技术。”5、Lucid盘后大跌逾13%！大幅下调2022年电动汽车产量预测Lucid(LCID.US)在周一美股盘后公布的2021年第四季度财报中表示，由于供应链限制和零部件质量问题，将电动汽车Lucid Air的2022年产量预测由此前的2万辆下调至1.2-1.4万辆。受此消息影响，截至发稿，该股周一美股盘后大跌逾13%。","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039997870,"gmtCreate":1645872336765,"gmtModify":1676534071703,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"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/9039997870","repostId":"1105748308","repostType":4,"repost":{"id":"1105748308","kind":"news","pubTimestamp":1645863456,"share":"https://ttm.financial/m/news/1105748308?lang=en_US&edition=fundamental","pubTime":"2022-02-26 16:17","market":"hk","language":"zh","title":"TikTok's e-commerce GMV reached a peak of approximately 6 billion yuan in 2021, with a target of doubling it this year.","url":"https://stock-news.laohu8.com/highlight/detail?id=1105748308","media":"36氪","summary":"TikTok电商2022年GMV目标接近120亿元，在2021年的基础上翻了接近一倍。","content":"<p><html><head></head><body>36Kr learned from multiple sources that TikTok's e-commerce GMV reached a peak of approximately 6 billion yuan in 2021, with more than 70% of the GMV coming from Indonesia and less than 30% from the UK. 36Kr also learned that TikTok's e-commerce GMV target for 2022 is close to 12 billion yuan, nearly double that of 2021.</p><p>36Kr contacted ByteDance for confirmation of this news, but had not responded as of press time.</p><p>In contrast, Douyin e-commerce, ByteDance's e-commerce business in China, achieved a GMV of approximately 500 billion yuan in 2020 when it was first established. According to 36Kr, Douyin e-commerce's broad-based GMV reached nearly one trillion yuan in 2021.</p><p>After operating for the same year, TikTok's GMV last year was only 1% of that of Douyin's in 2020. Of this 1%, the vast majority of GMV was contributed by the Indonesian market. The UK, represented by the European and American markets, has a higher ceiling and is more valued by TikTok, but it has not achieved significant results.</p><p>In April 2021, TikTok started its live-streaming e-commerce business in Indonesia and the United Kingdom, launching a live-streaming shopping yellow bike function and running the entire cross-border e-commerce process from marketing and sales to logistics and after-sales customer service in these two locations.</p><p>A source close to TikTok e-commerce told 36Kr that at a meeting in review at the end of last year, relevant officials said that Indonesia's GMV accounted for more than 70%, while the UK's daily GMV was roughly equivalent to that of a medium-sized live streaming room in China. Internally, they believe the Indonesian market performed relatively successfully last year and plan to increase resource investment.</p><p>The Indonesian market has achieved remarkable results after just one year of testing, which is related to the scale and maturity of the local e-commerce market. According to data from research firm Momentum Works, Indonesia's e-commerce sales reached US$32.2 billion in 2020, ranking fourth globally after China, South Korea, and the United Kingdom, making it the largest e-commerce market in Southeast Asia. Furthermore, e-commerce sales accounted for only 20% of Indonesia's total retail sales that year. According to SenseTower data, TikTok has approximately 200 million downloads in Indonesia, accounting for more than 40% of the entire Southeast Asian region.</p><p>Besides its large market size, Indonesia is also one of the countries in Southeast Asia with a relatively well-developed e-commerce infrastructure. OVO has over 20 million monthly active users and, together with Dana, LinkAja, and Shopee Pay, forms the four major mobile payment channels. In addition to payments, Indonesia's logistics and network infrastructure can also meet the needs of live-streaming e-commerce.</p><p>Southeast Asia was also the first market that Chinese e-commerce companies successfully entered. Alibaba first entered the Southeast Asian e-commerce market in 2016 by acquiring Lazada. Relying on strong strategies such as free shipping and strong marketing strategies, Shopee, backed by Tencent, surpassed Lazada to become the largest e-commerce platform in Southeast Asia in 2019. By drawing on domestic e-commerce experience, the two platforms have initially completed consumer education and cultivated the online shopping habits of Indonesian users.</p><p>Compared to Indonesia, the UK has not had Chinese e-commerce platforms before and has no advantages in logistics or supply chain. It will still take time to cultivate local users' live-streaming shopping habits.</p><p>A TikTok service provider told 36Kr that the team's live streaming GMV in the UK is currently mainly driven by TikTok's official subsidies for 3C products, with an iPhone providing subsidies of up to 20%.</p><p>In addition to platform subsidies, TikTok also offers a three-month free shipping subsidy to newly joined merchants. On the logistics side, platforms such as Amazon have already achieved one-day and next-day delivery in the UK. However, the aforementioned service providers stated that the logistics services used by TikTok require a shipping cycle of at least a week to more than ten days, and lost and damaged packages occur frequently.</p><p>According to 36Kr, TikTok e-commerce plans to enter major mainstream markets within the next five years, reaching a scale of hundreds of billions of US dollars. Southeast Asia has a limited market size, and the key to achieving this goal lies in whether it can successfully open up the European and American markets. The temporary setback in the UK has forced TikTok to rethink its operational strategy in the European and American markets this year. Due to policy reasons, TikTok did not launch the shopping bike function required for live-streaming e-commerce in the United States last year. This year, TikTok plans to launch the live-streaming e-commerce function while ensuring data compliance.</p><p>36Kr has learned that after March this year, TikTok will also launch its live-streaming e-commerce business in more Southeast Asian and Western European countries, focusing on Indonesia and the UK.</p><p>To meet the challenge of expanding into more national markets this year, TikTok is strengthening its supply chain capabilities. A source close to TikTok e-commerce told 36Kr that Kang Zeyu, the head of TikTok e-commerce, has been focusing on researching factories and industrial belts in Jiangsu, Zhejiang, South China and other places for the past six months, trying to establish a product selection channel for livestreamers and merchants within TikTok similar to Douyin e-commerce's \"Selected Alliance\".</p><p>However, the product selection logic of cross-border e-commerce is very different from that of domestic live-streaming e-commerce. A veteran cross-border e-commerce professional believes that TikTok currently consumes e-commerce advertising, especially performance advertising, mainly from a group of Chinese brands going global and MCNs. Their overall advertising consumption is not large, but rather from Chinese cross-border sellers who genuinely have a need to sell goods, as well as international and local brands. TikTok has not yet been able to tap into them, and they will become the toughest nut to crack for TikTok this year.</p><p>Like Douyin e-commerce, the advertising value created by e-commerce will become TikTok's most important growth point in the future. According to 36Kr, TikTok currently mainly monetizes from games. Last year, advertising revenue from the gaming industry accounted for more than 50%, while e-commerce accounted for a very low proportion. Developing e-commerce businesses will help more big brands and sellers spend their advertising budgets on TikTok.</p><p>It is rumored that cross-border e-commerce companies make money by creating blockbuster products. Once a product sells well, it needs sufficient supply and strong supply chain negotiation capabilities. TikTok's advantage lies in traffic, but how to create blockbuster products and how to withstand the supply chain pressure brought about by blockbuster products has not yet emerged as a blockbuster product case that would make these cross-border merchants envious.</p><p>On the logistics side, there are market rumors that ByteDance is negotiating a cooperation with J&T Express, but ByteDance has denied these rumors. However, whether competing with Shopee and Lazada in the Southeast Asian market or with Amazon in the European and American markets, TikTok's existing logistics capabilities are insufficient to support long-term competition with its rivals, making cooperation with logistics companies with stronger overall strength imperative.</p><p></body></html></p>","source":"36k","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>TikTok's e-commerce GMV reached a peak of approximately 6 billion yuan in 2021, with a target of doubling it this year.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTikTok's e-commerce GMV reached a peak of approximately 6 billion yuan in 2021, with a target of doubling it this year.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">36氪</strong><span class=\"h-time small\">2022-02-26 16:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>36Kr learned from multiple sources that TikTok's e-commerce GMV reached a peak of approximately 6 billion yuan in 2021, with more than 70% of the GMV coming from Indonesia and less than 30% from the UK. 36Kr also learned that TikTok's e-commerce GMV target for 2022 is close to 12 billion yuan, nearly double that of 2021.</p><p>36Kr contacted ByteDance for confirmation of this news, but had not responded as of press time.</p><p>In contrast, Douyin e-commerce, ByteDance's e-commerce business in China, achieved a GMV of approximately 500 billion yuan in 2020 when it was first established. According to 36Kr, Douyin e-commerce's broad-based GMV reached nearly one trillion yuan in 2021.</p><p>After operating for the same year, TikTok's GMV last year was only 1% of that of Douyin's in 2020. Of this 1%, the vast majority of GMV was contributed by the Indonesian market. The UK, represented by the European and American markets, has a higher ceiling and is more valued by TikTok, but it has not achieved significant results.</p><p>In April 2021, TikTok started its live-streaming e-commerce business in Indonesia and the United Kingdom, launching a live-streaming shopping yellow bike function and running the entire cross-border e-commerce process from marketing and sales to logistics and after-sales customer service in these two locations.</p><p>A source close to TikTok e-commerce told 36Kr that at a meeting in review at the end of last year, relevant officials said that Indonesia's GMV accounted for more than 70%, while the UK's daily GMV was roughly equivalent to that of a medium-sized live streaming room in China. Internally, they believe the Indonesian market performed relatively successfully last year and plan to increase resource investment.</p><p>The Indonesian market has achieved remarkable results after just one year of testing, which is related to the scale and maturity of the local e-commerce market. According to data from research firm Momentum Works, Indonesia's e-commerce sales reached US$32.2 billion in 2020, ranking fourth globally after China, South Korea, and the United Kingdom, making it the largest e-commerce market in Southeast Asia. Furthermore, e-commerce sales accounted for only 20% of Indonesia's total retail sales that year. According to SenseTower data, TikTok has approximately 200 million downloads in Indonesia, accounting for more than 40% of the entire Southeast Asian region.</p><p>Besides its large market size, Indonesia is also one of the countries in Southeast Asia with a relatively well-developed e-commerce infrastructure. OVO has over 20 million monthly active users and, together with Dana, LinkAja, and Shopee Pay, forms the four major mobile payment channels. In addition to payments, Indonesia's logistics and network infrastructure can also meet the needs of live-streaming e-commerce.</p><p>Southeast Asia was also the first market that Chinese e-commerce companies successfully entered. Alibaba first entered the Southeast Asian e-commerce market in 2016 by acquiring Lazada. Relying on strong strategies such as free shipping and strong marketing strategies, Shopee, backed by Tencent, surpassed Lazada to become the largest e-commerce platform in Southeast Asia in 2019. By drawing on domestic e-commerce experience, the two platforms have initially completed consumer education and cultivated the online shopping habits of Indonesian users.</p><p>Compared to Indonesia, the UK has not had Chinese e-commerce platforms before and has no advantages in logistics or supply chain. It will still take time to cultivate local users' live-streaming shopping habits.</p><p>A TikTok service provider told 36Kr that the team's live streaming GMV in the UK is currently mainly driven by TikTok's official subsidies for 3C products, with an iPhone providing subsidies of up to 20%.</p><p>In addition to platform subsidies, TikTok also offers a three-month free shipping subsidy to newly joined merchants. On the logistics side, platforms such as Amazon have already achieved one-day and next-day delivery in the UK. However, the aforementioned service providers stated that the logistics services used by TikTok require a shipping cycle of at least a week to more than ten days, and lost and damaged packages occur frequently.</p><p>According to 36Kr, TikTok e-commerce plans to enter major mainstream markets within the next five years, reaching a scale of hundreds of billions of US dollars. Southeast Asia has a limited market size, and the key to achieving this goal lies in whether it can successfully open up the European and American markets. The temporary setback in the UK has forced TikTok to rethink its operational strategy in the European and American markets this year. Due to policy reasons, TikTok did not launch the shopping bike function required for live-streaming e-commerce in the United States last year. This year, TikTok plans to launch the live-streaming e-commerce function while ensuring data compliance.</p><p>36Kr has learned that after March this year, TikTok will also launch its live-streaming e-commerce business in more Southeast Asian and Western European countries, focusing on Indonesia and the UK.</p><p>To meet the challenge of expanding into more national markets this year, TikTok is strengthening its supply chain capabilities. A source close to TikTok e-commerce told 36Kr that Kang Zeyu, the head of TikTok e-commerce, has been focusing on researching factories and industrial belts in Jiangsu, Zhejiang, South China and other places for the past six months, trying to establish a product selection channel for livestreamers and merchants within TikTok similar to Douyin e-commerce's \"Selected Alliance\".</p><p>However, the product selection logic of cross-border e-commerce is very different from that of domestic live-streaming e-commerce. A veteran cross-border e-commerce professional believes that TikTok currently consumes e-commerce advertising, especially performance advertising, mainly from a group of Chinese brands going global and MCNs. Their overall advertising consumption is not large, but rather from Chinese cross-border sellers who genuinely have a need to sell goods, as well as international and local brands. TikTok has not yet been able to tap into them, and they will become the toughest nut to crack for TikTok this year.</p><p>Like Douyin e-commerce, the advertising value created by e-commerce will become TikTok's most important growth point in the future. According to 36Kr, TikTok currently mainly monetizes from games. Last year, advertising revenue from the gaming industry accounted for more than 50%, while e-commerce accounted for a very low proportion. Developing e-commerce businesses will help more big brands and sellers spend their advertising budgets on TikTok.</p><p>It is rumored that cross-border e-commerce companies make money by creating blockbuster products. Once a product sells well, it needs sufficient supply and strong supply chain negotiation capabilities. TikTok's advantage lies in traffic, but how to create blockbuster products and how to withstand the supply chain pressure brought about by blockbuster products has not yet emerged as a blockbuster product case that would make these cross-border merchants envious.</p><p>On the logistics side, there are market rumors that ByteDance is negotiating a cooperation with J&T Express, but ByteDance has denied these rumors. However, whether competing with Shopee and Lazada in the Southeast Asian market or with Amazon in the European and American markets, TikTok's existing logistics capabilities are insufficient to support long-term competition with its rivals, making cooperation with logistics companies with stronger overall strength imperative.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://36kr.com/p/1626056933176837\">36氪</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1bf636ec8cc0b56a010568ee2f383262","relate_stocks":{"BK1590":"短视频概念股"},"source_url":"https://36kr.com/p/1626056933176837","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105748308","content_text":"36氪从多个信源处了解到，TikTok电商2021年GMV最高约60亿元，其中GMV占比约70%以上来自印度尼西亚，剩余不到30%来自英国。36氪另外了解到，TikTok电商2022年GMV目标接近120亿元，在2021年的基础上翻了接近一倍。36氪就此消息向字节跳动方面求证，截至发稿对方暂无回应。相比之下，抖音电商作为字节跳动在国内的电商业务，在成立之初的2020年便实现了约5000亿GMV。据36氪了解，抖音电商2021年宽口径GMV更是达到了近万亿。同样运作一年时间，TikTok电商去年的GMV只有抖音电商2020年的1%，而这1%中，绝大部分GMV又由印尼市场贡献，英国所代表欧美市场天花板更高，也更被TikTok官方所重视，却并没有取得显著成绩。2021年4月， TikTok以印尼、英国为起点试水直播电商业务，开通直播购物小黄车功能，并在上述两地跑通从营销、销售到物流、售后客服等跨境电商全流程。一位接近TikTok电商的人士告诉36氪，在去年年底的一次复盘会上，相关负责人表示印尼其GMV占比达到70%以上，相比之下，英国一天的GMV体量大约只相当于国内一个中型的直播间。内部认为印尼市场去年表现较为成功，并计划加大资源投入。印尼市场试水一年便能取得显著成绩，这与当地电商市场具备规模且成熟有关。研究机构Momentum Works数据显示，2020年印尼电商销售额322亿美元，仅次于中国、韩国和英国在全球排名第四，为东南亚地区最大的电商市场。且电商销售额只占印尼当年零售总额的20%。据SenseTower数据，TikTok在印尼约有2亿用户下载量，占到整个东南亚地区40%以上。除了市场规模大，印尼也是东南亚地区电商基础设施较为完善的国家。OVO 月活用户超过 2000 万，与 Dana、LinkAja 和 Shopee Pay构成四大主流移动支付渠道。除了支付，印尼的物流和网络设施也能满足直播电商的需求。东南亚也是中国电商公司最先成功进入的市场，阿里最早于2016年通过收购Lazada布局东南亚电商市场，依靠包邮和强营销策略等强势打法，背靠腾讯的Shopee于 2019 年超越Lazada成为东南亚第一大电商平台，通过借鉴国内电商经验，两大平台初步完成了消费者教育并培养了印尼用户的线上购物习惯。相比印尼，英国地区此前没有中国电商平台进入，在物流、供应链等方面都没有均没有优势，培养当地的用户直播购物习惯仍需时间。一位TikTok服务商告诉36氪，团队目前在英国地区的直播间GMV主要靠TikTok官方补贴的3C品类拉动，一部iPhone能给到高达20%的补贴。除了平台补贴，TikTok还对新入驻的商家实行三个月免费发货补贴。在物流端，亚马逊等平台已经在英国实现一日达、次日达，但上述服务商表示，TikTok所使用的物流服务则需要少则一星期，多则十几天的发货周期，丢包和损坏的情况也时有发生。据36氪了解，TikTok电商计划在未来五年内进入各大主流市场，达到千亿美金规模。东南亚的市场规模有限，实现这一目标的关键正在于能否成功打开欧美市场。英国暂时受阻使得TikTok今年不得不重新思考在欧美市场的运营策略，由于政策原因，TikTok去年并未在美国开放直播电商所需的购物小黄车功能，今年TikTok计划在保证数据合规的基础上开放直播电商功能。36氪了解到，今年3月后，TikTok还将围绕印尼和英国两地，在更多东南亚和西欧国家开放直播电商业务。为了应对今年开拓更多国家市场的挑战，TikTok正在补足供应链能力。一位接近TikTok电商的人士告诉36氪，TikTok电商负责人康泽宇最近半年正在重点调研江浙、华南等地的工厂和产业带，试图在TikTok内建立类似抖音电商”精选联盟”的主播商家选货渠道。但跨境电商的选货逻辑与国内直播电商有很大差异。一位跨境电商资深从业者认为，目前在TikTok上消耗电商广告，尤其是效果广告的主要是一批中国出海品牌以及MCN，他们的广告消耗总体量不大，反而是真正有卖货刚需的中国跨境卖家以及国际品牌、本土品牌，TikTok还没能撬动，而他们会成为TikTok今年需要啃下的硬骨头。与抖音电商一样，电商所创造的广告价值也将成为TikTok未来最重要的增长点，据36氪了解，TikTok现阶段主要变现来自游戏，去年来自游戏行业的广告营收占到50%以上，电商的占比则很低。发展电商业务将有助于更多大品牌、大卖家客户在TikTok消耗广告预算。传跨境电商以打爆款赚钱，产品一旦卖爆，需要充足的货源和强势的供应链谈判能力作为支撑，TikTok的优势在于流量，但如何打造爆款，如何承接爆款所带来的供应链压力，目前尚未出现足以让这批跨境商家眼馋的爆款案例。在物流侧，市场传闻字节跳动正在与极兔谈判合作，对此字节跳动表示消息不实。不过，无论是在东南亚市场和Shopee、Lazada竞争，还是在欧美市场和亚马逊竞争，TikTok现有的物流能力都不足以支撑与对手长期抗衡，与综合实力更强的物流公司合作势在必行。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030168264,"gmtCreate":1645663568180,"gmtModify":1676534050627,"author":{"id":"4098771786575480","authorId":"4098771786575480","name":"Emi_WW","avatar":"https://community-static.tradeup.com/news/1ad793e17503a413c4f36974f7c5052c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098771786575480","idStr":"4098771786575480"},"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/9030168264","repostId":"1153372780","repostType":4,"isVote":1,"tweetType":1,"viewCount":1704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}