小米为何能躲过美国制裁？

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小米为何能躲过美国制裁？

字母榜2021-05-12

文/彦飞 5月12日，一份美国地方法院文件显示，小米公司已经与美国国防部达成和解，将被移出所谓“与中国军方相关”的黑名单。这意味着，美国机构和个人仍然可以在一级市场投资小米公司股权，或是在二级市场购买小米股票或ADR（美国存托凭证）。受此利好影响，周三港股交易中，小米股价上涨6.1%，报于26.1港元，为近5个交易日之新高。今年1月14日，美国政府突然颁布行政令，将小米等9家中国公司列入“...

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蓝白红黑的间条衫
·2021-05-13
達成和解叫“告贏”……?
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xiaochen10
·2021-05-13
good
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2
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- xiaochen10:
  ?
  2021-05-13
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BenWong78
·2021-05-13
厲害?
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薇笑达人
·2021-05-13
[捂臉]
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- 薇笑达人:
  [比心]
  2021-05-14
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- Fong1010:
  hi
  2021-05-14
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GotoAlan
·2021-05-12
ok
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- Jerry6666:
  ok
  2021-05-12
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- Simon00:
  ok
  2021-05-12
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sanctions?","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/9b081453607a8c41d46d0573eab7b799","symbols_score_info":{"01810":0.9},"content_text":"文/彦飞\n5月12日，一份美国地方法院文件显示，小米公司已经与美国国防部达成和解，将被移出所谓“与中国军方相关”的黑名单。\n\n这意味着，美国机构和个人仍然可以在一级市场投资小米公司股权，或是在二级市场购买小米股票或ADR（美国存托凭证）。\n受此利好影响，周三港股交易中，小米股价上涨6.1%，报于26.1港元，为近5个交易日之新高。\n今年1月14日，美国政府突然颁布行政令，将小米等9家中国公司列入“黑名单”，理由是它们与中国军方存在关联。\n华兴证券首席经济学家庞溟在接受采访时表示，一旦列入黑名单，美国机构和个人投资者都需要遵守禁令，严格执行股票卖出。若被发现继续买入小米股票，处罚成本极高。\n另一方面，多家美国券商握有大笔小米股票，如果禁令落地将首当其冲。\n其中，摩根大通持有25.3亿股，占已发行股本的12.35%；花旗银行持有20.93亿股，占比10.22%；摩根士丹利持有4.8亿股，占比2.34%；三者合计持股24.91%。\n恐慌情绪很快传导到了股价上。被列入“黑名单”次日，小米股价大跌逾10%，绵延近一年的上涨势头被掐断。\n小米随后发布公告称，其服务和产品皆为民用或商用，公司并非中国军方拥有、控制或关联方，亦非美国法律定义的中国军方公司。1月底，小米针对美国政府限制投资一事起诉该国国防部和财政部，要求法院宣布将其列入“黑名单”为非法行为。\n在4个月的交锋之后，小米艰难赢得了这场战争的阶段性胜利。\n损害已经造成：自从1月中旬遭遇突然袭击以来，小米股价从35港元附近一路震荡下跌至25港元左右，不到4个月市值缩水约近1/3。\n\n但与华为、中兴等其他被美国打压的中国企业相比，小米又是幸运的。虽然在资本市场上受挫，但业务并未遭遇真正打击。而华为等企业面对的形势要凶险的多，想要真正走出来仍需要耐心和智慧。\nA\n小米能够击退强敌，与进攻方的“无厘头”直接相关。\n“涉军”是美国政府打压外国企业的常用借口，从中兴、华为到小米皆是如此。在中美关系趋冷的时代背景下，这一阴招屡试不爽，让华为等公司难以自辩，深陷泥潭。\n但与通信设备企业相比，小米的主营业务是手机、电脑等消费级产品，以及影视等娱乐服务。无论是产品和技术本身，还是面向的客户群体，美国人都很难抓住实际把柄，只能围绕创始人大作诛心之论。这最终成为小米打赢官司的关键突破口。\n今年3月，《华尔街日报》等国外媒体曝光了美国政府制裁小米的理由。匪夷所思的是，美国人将小米列为“涉军”企业，原因之一是小米总裁兼CEO雷军2019年曾受到中国政府表彰。\n雷军\n公开信息显示，雷军当年被评为“第五届全国非公有制经济人士优秀中国特色社会主义事业建设者”，该奖项由中央统战部、工信部、人社部、市场监管总局和全国工商联联合评选，与军方毫无关联。\n但美国国防部在文件中炮制了一个极为牵强的逻辑：\n小米创始人获得政府奖项；该公司计划未来5年在5G、人工智能等领域投入人民币500亿元；这些技术又在军事领域有广泛应用前景。因此，“有充分理由将小米集团列入制裁”。\n此外，五角大楼还围绕评奖机构之一工信部做文章，声称工信部正在推动“军民融合”，以促进中国军用技术的发展。小米将在这一计划中扮演重要角色。\n即使在美国司法界，这套七拐八绕的说辞也无法令人信服。\n3月12日，美国华盛顿地方法官临时叫停美国国防部禁令。法官孔特雷拉斯认为，随着诉讼的展开，小米很可能会完全扭转这项禁令，于是发布初步禁制令，以防止小米遭受“不可挽回的损失”。\n对于美国政府提出的国家安全遭到威胁的担忧，孔特雷拉斯表示：“法院有些怀疑，本案是否实际上牵扯到了重大国家安全利益。”\n更关键的是，针对小米等公司的禁令，是特朗普政府在离任前一周匆忙发布的，目的是在外交领域给新一届拜登政府多挖几个坑。而拜登上台后的首要目标是控制疫情，尽管并未放弃对中国企业的打压，却也并不想在国内“灭火”的关键时间点另生枝节。\n这就是小米和华为所面临困境的根本区别：小米只是特朗普扔给拜登的一枚烫手山芋，而华为则被特朗普当做了打压中国、维系美国科技乃至政治全球霸权的关键“抓手”。尽管发难方式类似，两者在美国政客眼中的利用价值却有天壤之别。\n美国政界人事更迭之后，小米所谓“涉军”问题的斡旋空间大了许多。本周，美国政府终于承认“黑名单”存在程序正义问题，愿意与小米达成和解，并放弃上诉。\nB\n3月上旬，在美国地方法院临时叫停禁令后，有人在社交网站脉脉上发出疑问：“美国制裁了国内这么多公司，怎么单单解禁了小米？”\n抛开外部因素不论，小米之所以免遭制裁，一个重要原因是它确实不掌握关系国家安全的核心技术，反而非常依赖国外进口。\n以核心的手机产品线为例，小米仍然离不开高通骁龙处理器和三星OLED屏，甚至将其作为主力机型的核心卖点之一。\n为了确保芯片供给，小米在创办初期就接受了高通的投资；2018年小米赴港IPO，高通作为7位基石投资者之一认购4600万股，占上市发行股本的2.1%。\n近些年来，有了华为惨遭卡脖子、被迫出售手机业务的前车之鉴，小米的研发投入和专利数量不断上升。但与国内所有手机厂商一样，在处理器等关键零部件上，小米距离自给自足仍然十分遥远。\n更关键的是，小米身处的消费电子领域，是美国人的长期优势项目，并不特别需要政府干预之类的“盘外招”。\n\n在这条赛道上，苹果是一号选手。它除了具备强大的工业设计和软件开发能力外，芯片研发实力同样一流。无论是移动端的A系列芯片，还是桌面端的M系列芯片，苹果都已经分别压过高通和英特尔一头。\n至少在目前阶段，小米无论是所处领域还是自身实力，都不会对美国利益构成显著挑战，也就注定不会成为美国政界的眼中钉。\n美国法律界似乎也持有类似看法。地方法院法官孔特雷拉斯除了质疑小米是否能够威胁美国国家安全外，还对小米投资5G和人工智能，以及雷军个人荣誉表达了看法。\n他指出，5G和人工智能正迅速成为消费电子领域的新标准；此外，自2004年以来，已经有超过500位企业家获得了与雷军相同的奖项，其中包含婴儿配方食品公司的老板。\n字母榜（ID: wujicaijing）查阅资料发现，与雷军同期获奖的还包括网易CEO丁磊、老干妈创始人陶华碧等数十位企业家。\n对于小米这场险胜，有人在网络上调侃道：伤害性不大，但侮辱性极强。\nC\n尽管如此，小米告赢美国政府，仍然让饱受制裁折磨的中国企业看到了一丝希望。\n美国华盛顿特区律师布莱恩·伊根（Brain Egan）对路透社表示，“用于指控小米的事实简直可笑；我认为，这肯定会导致更多公司寻求豁免。”\n事实也是如此。3月中旬，在美国地方法院临时禁令的鼓舞下，与小米一道登上“黑名单”的多家中国企业开始与律师事务所接触，考虑起诉美国政府，挑战将其列入黑名单的依据和决定。\n该批名单除了小米外，还包括航空领域的中国商飞、中国航空集团、大新华航空，芯片领域的中微半导体、高云半导体，大数据与AI领域的箩筐技术和中译语通，以及北京中关村发展投资中心。\n\n但与小米相比，这些公司的业务更加敏感，其中一部分关系到底层技术竞争，想要效法小米迅速脱困并非易事。\n可供参考的是，美国商务部2019年5月将华为列入“实体清单”，禁止美国企业向华为出售技术和产品。时至今日，这一禁令仍然未有任何松动迹象。\n美国打压华为的原因十分复杂，但关键考量因素之一是，华为在5G技术上具有领先优势，在全球市场上对美国利益构成挑战。对于这类企业，美国人势必要千方百计进行压制。\n过去两年间，为了摆脱困境，华为拆分荣耀，发力云计算等新兴业务，甚至入局造车，在自家旗舰店开售小康电动车。美国打压虽然并未杀死华为，却也让这家巨头遭到不小的冲击。\n这也从侧面表明，小米此次告赢美国政府，只是一场多方利好交错之下的胜利，并不意味着拜登当局对中国公司的政策转弯。对于更多中国企业而言，美国的制裁危险仍将长期存在。","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":191451171,"gmtCreate":1620902039393,"gmtModify":1704350145256,"author":{"id":"3546057439648684","authorId":"3546057439648684","authorIdStr":"3546057439648684","name":"蓝白红黑的间条衫","avatar":"https://static.tigerbbs.com/64ded5db61c69b7abc937bc62d16afdd","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3546057439648684"},"htmlText":"達成和解叫“告贏”……?","listText":"達成和解叫“告贏”……?","text":"達成和解叫“告贏”……?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191451171","repostId":1176763588,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":191175112,"gmtCreate":1620866910036,"gmtModify":1704349487775,"author":{"id":"3576276306027110","authorId":"3576276306027110","authorIdStr":"3576276306027110","name":"xiaochen10","avatar":"https://static.tigerbbs.com/5b1ab0cdd6be0408a7de20a01c26885a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576276306027110"},"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191175112","repostId":1176763588,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4308022,"gmtCreate":1620866926381,"gmtModify":1680788420269,"authorId":3576276306027110,"author":{"id":3576276306027110,"authorId":3576276306027110,"name":"xiaochen10","avatar":"https://static.tigerbbs.com/5b1ab0cdd6be0408a7de20a01c26885a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191175112,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":191357156,"gmtCreate":1620859901875,"gmtModify":1704349331251,"author":{"id":"3583105234087115","authorId":"3583105234087115","authorIdStr":"3583105234087115","name":"BenWong78","avatar":"https://static.tigerbbs.com/ab93ce829c1388a21eb1da2c92d221ae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583105234087115"},"htmlText":"厲害?","listText":"厲害?","text":"厲害?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191357156","repostId":1176763588,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":191391613,"gmtCreate":1620842258232,"gmtModify":1704349240082,"author":{"id":"3580198709429253","authorId":"3580198709429253","authorIdStr":"3580198709429253","name":"薇笑达人","avatar":"https://static.tigerbbs.com/88c5245bf9912b327baf5da6122aad18","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580198709429253"},"htmlText":"[捂臉]&nbsp;","listText":"[捂臉]&nbsp;","text":"[捂臉]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/191391613","repostId":1176763588,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4328469,"gmtCreate":1621004627733,"gmtModify":1680788787035,"authorId":3580198709429253,"author":{"id":3580198709429253,"authorId":3580198709429253,"name":"薇笑达人","avatar":"https://static.tigerbbs.com/88c5245bf9912b327baf5da6122aad18","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191391613,"type":1,"supId":4318324,"prevId":0,"content":"[比心]","text":"[比心]","html":"[比心]"},{"id":4318324,"gmtCreate":1620932867775,"gmtModify":1680788599228,"authorId":3573469469991461,"author":{"id":3573469469991461,"authorId":3573469469991461,"name":"Fong1010","avatar":"https://static.tigerbbs.com/e0a10a3831bbf3ba38dbc1191aac0dca","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191391613,"type":1,"supId":0,"prevId":0,"content":"<u>hi</u>","text":"<u>hi</u>","html":"<u>hi</u>"}],"langContent":"CN"},{"id":191071623,"gmtCreate":1620830599662,"gmtModify":1704349076779,"author":{"id":"3582538486924451","authorId":"3582538486924451","authorIdStr":"3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