To The Moon
Home
News
TigerAI
Log In
Sign Up
山风_8300
+Follow
Posts · 58
Posts · 58
Following · 0
Following · 0
Followers · 0
Followers · 0
山风_8300
山风_8300
·
2021-06-29
?
Netflix's Next Step: Becoming Disney?
面对大举反攻的影视巨头，Netflix 虽然已经开始赚钱，但这远远不够。 Netflix 开始学习迪士尼了。 就在爱优腾还在和短视频行业较劲的当口，早已盈利的 Netflix 推出了 Netflix
Netflix's Next Step: Becoming Disney?
看
2.46K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
山风_8300
山风_8300
·
2021-06-29
?
Market Summary: The throne of "First Brother" in Shenzhen Stock Exchange changes hands! Haidilao "boils" against the trend
港股 港股三大指数全日呈单边下跌行情，市场整体情绪表现平淡。截至收盘，恒指跌0.94%报28994点，国指跌0.98%报10757点，恒生科技指数跌0.91%报8201点。 盘面上，石油板块跌幅居前
Market Summary: The throne of "First Brother" in Shenzhen Stock Exchange changes hands! Haidilao "boils" against the trend
看
2.09K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
山风_8300
山风_8300
·
2021-06-29
?
61 daily limit, what kind of "demon wind" is the most bullish ST stock blowing?
如果问今年最妖的股是哪只，那一定非*ST众泰莫属。 今年以来，*ST众泰在100多个交易日狂拉61个涨停，成为A股涨停王，股价也从年初的1.34元飙升至目前的7.5元，足足涨了460%，股价翻了5倍！
61 daily limit, what kind of "demon wind" is the most bullish ST stock blowing?
看
2.28K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
山风_8300
山风_8300
·
2021-06-29
?
Blue City Brothers' "Same Sex" Business Experience
蓝城兄弟作为亚洲LGBTQ群体的隐秘聚集地，在流量到顶后能否走通流量变现的闭环？ 6月中旬，号称“粉红第一股”的蓝城兄弟（Blued）公布了一季度财报，这家专注于LGBTQ垂直社交的企业交上了一份看
Blue City Brothers' "Same Sex" Business Experience
看
2.64K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
山风_8300
山风_8300
·
2021-06-29
?
Sorry, this post has been deleted
看
2.08K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
山风_8300
山风_8300
·
2021-06-29
?
Sorry, this post has been deleted
看
2.15K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
山风_8300
山风_8300
·
2021-06-29
?
Sorry, this post has been deleted
看
2.52K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
山风_8300
山风_8300
·
2021-06-29
?
At $23.5/ADS, Dingdong Maicai sets IPO price at bottom of guidance range
叮咚买菜据悉将美股IPO价格定在指导区间的底部23.5美元/ADS。 相关阅读 即将上市的叮咚买菜再次更新招股书，其筹资规模大幅缩减至此前额度的四分之一。最新的招股书显示，叮咚买菜首次公开发行370万
At $23.5/ADS, Dingdong Maicai sets IPO price at bottom of guidance range
看
2.58K
回复
Comment
点赞
1
编组 21备份 2
Share
Report
山风_8300
山风_8300
·
2021-06-29
?
Tesla put CATL to the "C position"
宁德时代最近成为新能源界的C位担当，一是因为董事长曾毓群暴涨的身价，二是因为和特斯拉的一纸电池合约。 6月28日，宁德时代发布公告称，公司已与特斯拉签订协议，将在2022年1月至2025年12月期间，
Tesla put CATL to the "C position"
看
2.04K
回复
Comment
点赞
1
编组 21备份 2
Share
Report
山风_8300
山风_8300
·
2021-06-29
?
Buffett summed up 8 valuable experiences and lessons from the epidemic
许多人成功的方法之一是把每一次危机都当作一个机会来对待。尽管巴菲特向慈善机构捐赠了数十亿美元，但他的净资产在今年3月突破了1000亿美元大关。巴菲特不仅变得更富有，还为其他投资者带来了一些宝贵的经验教
Buffett summed up 8 valuable experiences and lessons from the epidemic
看
2.36K
回复
Comment
点赞
1
编组 21备份 2
Share
Report
Load more
Most Discussed
{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3572785300913507","uuid":"3572785300913507","gmtCreate":1609691277823,"gmtModify":1706620738081,"name":"山风_8300","pinyin":"sf8300shanfeng8300","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":1,"headSize":6,"tweetSize":58,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.02.12","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.32%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.05%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":159277967,"gmtCreate":1624972940859,"gmtModify":1703849128807,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159277967","repostId":"1138372330","repostType":4,"repost":{"id":"1138372330","kind":"news","pubTimestamp":1624953281,"share":"https://ttm.financial/m/news/1138372330?lang=en_US&edition=fundamental","pubTime":"2021-06-29 15:54","market":"us","language":"zh","title":"Netflix's Next Step: Becoming Disney?","url":"https://stock-news.laohu8.com/highlight/detail?id=1138372330","media":"极客公园","summary":"面对大举反攻的影视巨头，Netflix 虽然已经开始赚钱，但这远远不够。\nNetflix 开始学习迪士尼了。\n就在爱优腾还在和短视频行业较劲的当口，早已盈利的 Netflix 推出了 Netflix ","content":"<p>In the face of the film and television giants who are aggressively counterattacking, although Netflix has begun to make money, this is far from enough.</p><p>Netflix Starts Learning<a href=\"https://laohu8.com/S/DIS\">Disney</a>Yeah, I've got it.</p><p>Just as Aiyouteng was still competing with the short video industry, Netflix, which was already profitable, launched Netflix Shop and entered the e-commerce field for the first time.</p><p>The Netflix Shop currently has a very limited number of items on sale, but 18. Among them, up to $135<a href=\"https://laohu8.com/S/300024\">Robot</a>Alarm clocks, there are also T-shirts for $30, but mainly clothing priced between $30 and $80. In the future, Netflix will also launch a series of products such as Stranger Things The Witcher.</p><p><b>What these products have in common is that they are all peripheral products of Netflix's IP.</b></p><p>It's hard not to think of the top player in the IP licensing market-Disney. According to data from the International Licensing Industry Association (LIMA), global sales of licensed goods in 2019 were US $292.8 billion. Disney, the first place, accounted for US $54.7 billion, which is twice Netflix's full-year revenue in 2020.</p><p>Clearly, Netflix is targeting the IP licensing cake. Behind this are Netflix's hidden worries and ambitions.</p><p><b>Netflix's worries</b></p><p>2020 was almost the best year for Netflix since its inception. Because of the epidemic, many people's entertainment activities have turned online. As a result, Netflix also increased by 37 million paying subscribers, breaking the company's growth record, and the total number of paying subscribers also exceeded 200 million historically. Correspondingly, the full-year profit increased by 76%.</p><p>This company, which was founded as a DVD rental business, turned to streaming media in time at the end of the golden age of television. Since then, it has achieved double-digit growth in paying users year after year.</p><p><b>As a company with a market value of $230 billion, Netflix's business model is extremely simple-producing high-quality content and attracting consumers to pay for subscriptions.</b>In 2019, 98.52% of Netflix's revenue came from membership fees. Analogy to domestic long video platforms<a href=\"https://laohu8.com/S/IQ\">IQiyi</a>, membership fees only account for about 50% of its total revenue, and other revenue mainly comes from online advertising and content distribution. It can be said that the growth of Netflix's revenue depends entirely on the growth of users.<b>The flip side of this statement is that once paying subscribers fail to grow continuously, Netflix's business model will usher in a crisis.</b></p><p>As the pioneer of streaming media platforms and the largest number of users, Netflix may hit the ceiling of users earlier. Streaming platforms are essentially robbing subscribers from pay TV. Take the U.S. pay TV market as an example. After reaching a peak of 101 million paying users in 2011, it has declined year by year. At present, Netflix has about 67 million users in the United States, which means that more than half of potential users have already paid for Netflix. Just in the first quarter of 2021, Netflix added only 4 million new subscribers, lower than the expected 6 million, and Netflix's stock price fell 11%.</p><p>A poor quarter of performance isn't a serious problem for Netflix, the real bone-breaking thing-Netflix's market share may be being eroded by competitors.</p><p>In order to cope with the revenue pressure brought about by the slowdown in user growth, Netflix's membership fee has increased five times. The most recent one occurred in October 2020, when the basic package remained unchanged at $8.99, and the standard and basic packages increased by $1 and $2 to $13.99 and $17.99.</p><p>This price is not much different from Netflix's main competitors for more than a decade, HBO NOW ($14.99 for ad-free version) and HULU ($11.99 for ad-free version), but it is not much different from Disney,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Compared with these ambitious new generation of entrants, there is no advantage. Disney + costs just $7.99 a month, and Apple TV + costs even less at just $4.99.</p><p>The past year has almost been the Warring States Period of global streaming media, with giants Disney, Apple, and Paramount entering the market one after another.</p><p>When asked at an earnings analysis conference in the first quarter of this year how he viewed the current competition, Reed Hastings, the founder of Netflix, responded this way: Obviously, there is always new competition. But when we look at the past data, the company has been growing because we are also confident.</p><p>The confidence of the founders is one aspect, but the giants' encroachment on Netflix is also real. In 2020, Netflix's market share of original programming fell to 50% from 56% at the beginning of the year.</p><p><img src=\"https://static.tigerbbs.com/e3168aceb52ba01af09cfda9ca74654a\" tg-width=\"1080\" tg-height=\"466\" referrerpolicy=\"no-referrer\">Global Original Programming Market Share. Data Source : Parrot Analytics. Image Source:<a href=\"https://laohu8.com/S/NYT\">The New York Times</a></p><p>Behind this is the loss of content from Netflix. Because of the launch of Disney +, Netflix removed a series of Disney IP content. HBO, on the other hand, also got back the copyrights of Friends, The Big Bang Theory, Studio Ghibli and other works. Similarly, the old sitcom \"The Office\" was taken back by NBC.</p><p>Among the viewing time of subscribers, Netflix's self-produced dramas only account for 30% of the total, and the rest come from external copyrights. According to the data of \"China Business News\" magazine, the top three works on Netflix in 2018 were \"The Office\", \"Friends\" and \"Grey's Anatomy.\" New content may be the key to driving user growth, but for old audiences, they are more inclined to choose works they are familiar with.</p><p>Netflix, which has been making efforts in original content, has withdrawn most of its production plans due to the epidemic. Currently, Netflix doesn't have any big return series.</p><p>Netflix's model is more or less like a one-shot deal. After the user watches the episode, he will no longer have contact with the show. Netflix's Stranger Things \"House of Cards\" has a large number of diehard fans, but a single subscription payment model cannot fully tap the value of these IPs. This leads to a strange phenomenon: on the one hand, there are fans holding banknotes and screaming Shut up and take my money, and on the other hand, there are indifferent officials.</p><p><img src=\"https://static.tigerbbs.com/e8ff18c69d2bd4df4d5c3788a0149e63\" tg-width=\"399\" tg-height=\"380\" referrerpolicy=\"no-referrer\">Credit: memegenetator</p><p>Last year, Netflix's self-produced documentary \"Tiger King\" was watched by 34.3 million people within 10 days of its launch, making it Netflix's most successful series. A large number of \"Tiger King\" peripherals immediately appeared on the e-commerce brand Esty. But except for all, they are all copycats.</p><p>Searching for Tiger King on Esty still yields 8195 results. Credit: Esty</p><p>It's not difficult to understand why Netflix wants to launch an online mall. In the official Netflix blog, Josh Simon, head of Netflix Shop and vice president of consumer goods division, wrote:<b>We love seeing good stories go beyond the screen and become part of people's lives.</b>」「<b>We are constantly thinking about how we can expand our story world for fans, from costumes and toys to immersive events and games.</b>That's why today we're launching Netflix.shop as an exciting new destination that combines carefully curated products and rich stories in a unique Netflix shopping experience.</p><p>There's one thing reading between the lines:<b>We want to be Disney!</b></p><p><b>Disney Magic</b></p><p>In 1929, a man went to a hotel to find Walter Disney, offered $300 and asked for the image of Mickey Mouse to be printed on a writing table. The $300 became Disney's first franchise revenue. Nearly a hundred years later, this $300 became a big business of $54.7 billion.</p><p>Open Disney's IP list, and you will find that this is almost an endless list. In addition to its own original IPs, such as Mickey Mouse, * the Bear, Disney Princess, Lion King, etc., Disney also frantically acquired Pixar, Marvel Comics, Lucasfilm, and 20th Century Fox in the first 20 years of the 21st century. In other words, except Mickey Mouse, all the IPs you are familiar with such as Avengers, Star Wars, Avatar and Toy Story belong to Disney.</p><p>Family portraits of Disney's IP characters. Image credit: psu.edu</p><p>According to TitleMax data in 2019, 8 of the 20 most profitable IPs in the world are from Disney, with a cumulative economic value of US $355.182 billion. Among them, * the Bear, Mickey Mouse and Star Wars ranked 3rd, 4th and 5th respectively. These old IPs, which have been more than 40 years or even nearly a hundred years old, still explode with amazing vitality.</p><p><img src=\"https://static.tigerbbs.com/e949ad901d47454456f46fa01087221f\" tg-width=\"1080\" tg-height=\"3408\" referrerpolicy=\"no-referrer\">The remaining TOP 20 Disney IPs are Disney Princess at No. 7, Marvel Universe at No. 11, Spider-Man at No. 12, Cars at No. 18 and Toy Story at No. 19. Credit: TITLEMAX</p><p>In Hollywood, there is a famous locomotive theory:<b>The movie itself may not make money, but it must drive the development of related products</b>。 Walt Disney clearly knows this well. As early as 1957, he drew a sketch that clearly described Disney's business model.</p><p><img src=\"https://static.tigerbbs.com/4c6a77415a665f0ec24a5f0dc2a0a794\" tg-width=\"596\" tg-height=\"529\" referrerpolicy=\"no-referrer\">The Disney business model painted by Walt Disney. Credit: kottke.org</p><p>In this sketch, the film studio is in a clear central position, surrounded by music, television, licensed merchandise, theme parks and publications. Take magazines, for example, movies provide articles for magazines, and magazines can promote movies and Disneyland. Each piece is closely connected, cooperating with each other and complement each other.</p><p>To this day, Disney still hasn't broken away from the underlying logic of this model. Disney never regards the animated images created as disposable consumer goods, but digs deeply as a gold mine that can be consumed for a long time. When Disney makes a movie, the company doesn't just think about the movie itself, but how to transform the story into goods, services, experiences and other derivative products. As former Disney CFO Jay Rasulo said: Every aspect of the company is brand-oriented and franchise-oriented.</p><p>Today, Disney's model is called<b>Round revenue</b>。</p><p>First of all, Disney will launch movies with IP stories as the core at a high cost, and earn the first round of revenue through the box office.</p><p>Then, Disney will sell the film rights to streaming platforms to earn a second round of revenue</p><p>At the same time, every time Disney launches a new movie, it will add corresponding new characters to the theme park, and earn the third round of revenue through Disneyland.</p><p>Finally, earn a fourth round of revenue through franchising, publishing, retail, etc.</p><p>Through these four rounds of revenue, Disney clearly squeezed out the profits of every IP. These various profit channels give Disney a key advantage over Netflix and continue the vitality of its IP.</p><p><b>Build love for stories and turn love into money</b></p><p>Unlike Disney, Netflix has no plans to build offline stores. Currently, Netflix has cooperated with Target,<a href=\"https://laohu8.com/S/WMT\">Walmart</a>、<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, H&M, Sephora and other retailers have signed licensing agreements for hundreds of peripheral products.</p><p>Netflix has also developed an online mall system together with e-commerce platform Shopify. Previously, Shopify has provided technical support for Allbirds, Kith, The New York Times, and Kim Kardashian's brand Skims.</p><p>Simon, the project leader of Netflix Shop, once stayed at Disney Studios for six years as the production and development director.</p><p>All these messages seem to indicate Netflix's determination: Hey! We are not playing tickets, we are serious!</p><p>For years, Netflix has shied away from being an entertainment company or a tech company. Just recently, Hastings, the founder of Netflix, declared: We are really an entertainment company.</p><p>According to Matthew Ball, a former Amazon Studio executive,<b>Essentially, an entertainment company does only three things:</b></p><p><ol><li><b>Create/tell a story</b></p><p></li><li><b>Build love for these stories</b></p><p></li><li><b>Turn love into money</b></p><p></li></ol>By that standard, Disney is easily the best company on the planet. Think about it, how many little girls want to wear Elsa's long blue dress while visiting Disneyland? How many parents will pay for it?</p><p>Netflix has done a good enough job of telling stories and building love, but can it turn love into money?</p><p>Mark A Cohen, director of retail research at Columbia Business School, expressed doubts: Most of them (Netflix's hits) have short shelf lives, unlike Disney's IPs, which are a long journey of a generation.</p><p>Despite a lot of uncertainty, this is undoubtedly Netflix's best year financially. The company has borrowed a total of $16 billion in the past 10 years. Late last year, Netflix said in its fourth-quarter earnings report that it no longer needed to seek borrowings to fund the company. In other words, Netflix has become a truly profitable company.</p><p>And its other streaming competitors are still losing money, including Disney.</p>","source":"jkgy","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's Next Step: Becoming Disney?</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's Next Step: Becoming Disney?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">极客公园</strong><span class=\"h-time small\">2021-06-29 15:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In the face of the film and television giants who are aggressively counterattacking, although Netflix has begun to make money, this is far from enough.</p><p>Netflix Starts Learning<a href=\"https://laohu8.com/S/DIS\">Disney</a>Yeah, I've got it.</p><p>Just as Aiyouteng was still competing with the short video industry, Netflix, which was already profitable, launched Netflix Shop and entered the e-commerce field for the first time.</p><p>The Netflix Shop currently has a very limited number of items on sale, but 18. Among them, up to $135<a href=\"https://laohu8.com/S/300024\">Robot</a>Alarm clocks, there are also T-shirts for $30, but mainly clothing priced between $30 and $80. In the future, Netflix will also launch a series of products such as Stranger Things The Witcher.</p><p><b>What these products have in common is that they are all peripheral products of Netflix's IP.</b></p><p>It's hard not to think of the top player in the IP licensing market-Disney. According to data from the International Licensing Industry Association (LIMA), global sales of licensed goods in 2019 were US $292.8 billion. Disney, the first place, accounted for US $54.7 billion, which is twice Netflix's full-year revenue in 2020.</p><p>Clearly, Netflix is targeting the IP licensing cake. Behind this are Netflix's hidden worries and ambitions.</p><p><b>Netflix's worries</b></p><p>2020 was almost the best year for Netflix since its inception. Because of the epidemic, many people's entertainment activities have turned online. As a result, Netflix also increased by 37 million paying subscribers, breaking the company's growth record, and the total number of paying subscribers also exceeded 200 million historically. Correspondingly, the full-year profit increased by 76%.</p><p>This company, which was founded as a DVD rental business, turned to streaming media in time at the end of the golden age of television. Since then, it has achieved double-digit growth in paying users year after year.</p><p><b>As a company with a market value of $230 billion, Netflix's business model is extremely simple-producing high-quality content and attracting consumers to pay for subscriptions.</b>In 2019, 98.52% of Netflix's revenue came from membership fees. Analogy to domestic long video platforms<a href=\"https://laohu8.com/S/IQ\">IQiyi</a>, membership fees only account for about 50% of its total revenue, and other revenue mainly comes from online advertising and content distribution. It can be said that the growth of Netflix's revenue depends entirely on the growth of users.<b>The flip side of this statement is that once paying subscribers fail to grow continuously, Netflix's business model will usher in a crisis.</b></p><p>As the pioneer of streaming media platforms and the largest number of users, Netflix may hit the ceiling of users earlier. Streaming platforms are essentially robbing subscribers from pay TV. Take the U.S. pay TV market as an example. After reaching a peak of 101 million paying users in 2011, it has declined year by year. At present, Netflix has about 67 million users in the United States, which means that more than half of potential users have already paid for Netflix. Just in the first quarter of 2021, Netflix added only 4 million new subscribers, lower than the expected 6 million, and Netflix's stock price fell 11%.</p><p>A poor quarter of performance isn't a serious problem for Netflix, the real bone-breaking thing-Netflix's market share may be being eroded by competitors.</p><p>In order to cope with the revenue pressure brought about by the slowdown in user growth, Netflix's membership fee has increased five times. The most recent one occurred in October 2020, when the basic package remained unchanged at $8.99, and the standard and basic packages increased by $1 and $2 to $13.99 and $17.99.</p><p>This price is not much different from Netflix's main competitors for more than a decade, HBO NOW ($14.99 for ad-free version) and HULU ($11.99 for ad-free version), but it is not much different from Disney,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Compared with these ambitious new generation of entrants, there is no advantage. Disney + costs just $7.99 a month, and Apple TV + costs even less at just $4.99.</p><p>The past year has almost been the Warring States Period of global streaming media, with giants Disney, Apple, and Paramount entering the market one after another.</p><p>When asked at an earnings analysis conference in the first quarter of this year how he viewed the current competition, Reed Hastings, the founder of Netflix, responded this way: Obviously, there is always new competition. But when we look at the past data, the company has been growing because we are also confident.</p><p>The confidence of the founders is one aspect, but the giants' encroachment on Netflix is also real. In 2020, Netflix's market share of original programming fell to 50% from 56% at the beginning of the year.</p><p><img src=\"https://static.tigerbbs.com/e3168aceb52ba01af09cfda9ca74654a\" tg-width=\"1080\" tg-height=\"466\" referrerpolicy=\"no-referrer\">Global Original Programming Market Share. Data Source : Parrot Analytics. Image Source:<a href=\"https://laohu8.com/S/NYT\">The New York Times</a></p><p>Behind this is the loss of content from Netflix. Because of the launch of Disney +, Netflix removed a series of Disney IP content. HBO, on the other hand, also got back the copyrights of Friends, The Big Bang Theory, Studio Ghibli and other works. Similarly, the old sitcom \"The Office\" was taken back by NBC.</p><p>Among the viewing time of subscribers, Netflix's self-produced dramas only account for 30% of the total, and the rest come from external copyrights. According to the data of \"China Business News\" magazine, the top three works on Netflix in 2018 were \"The Office\", \"Friends\" and \"Grey's Anatomy.\" New content may be the key to driving user growth, but for old audiences, they are more inclined to choose works they are familiar with.</p><p>Netflix, which has been making efforts in original content, has withdrawn most of its production plans due to the epidemic. Currently, Netflix doesn't have any big return series.</p><p>Netflix's model is more or less like a one-shot deal. After the user watches the episode, he will no longer have contact with the show. Netflix's Stranger Things \"House of Cards\" has a large number of diehard fans, but a single subscription payment model cannot fully tap the value of these IPs. This leads to a strange phenomenon: on the one hand, there are fans holding banknotes and screaming Shut up and take my money, and on the other hand, there are indifferent officials.</p><p><img src=\"https://static.tigerbbs.com/e8ff18c69d2bd4df4d5c3788a0149e63\" tg-width=\"399\" tg-height=\"380\" referrerpolicy=\"no-referrer\">Credit: memegenetator</p><p>Last year, Netflix's self-produced documentary \"Tiger King\" was watched by 34.3 million people within 10 days of its launch, making it Netflix's most successful series. A large number of \"Tiger King\" peripherals immediately appeared on the e-commerce brand Esty. But except for all, they are all copycats.</p><p>Searching for Tiger King on Esty still yields 8195 results. Credit: Esty</p><p>It's not difficult to understand why Netflix wants to launch an online mall. In the official Netflix blog, Josh Simon, head of Netflix Shop and vice president of consumer goods division, wrote:<b>We love seeing good stories go beyond the screen and become part of people's lives.</b>」「<b>We are constantly thinking about how we can expand our story world for fans, from costumes and toys to immersive events and games.</b>That's why today we're launching Netflix.shop as an exciting new destination that combines carefully curated products and rich stories in a unique Netflix shopping experience.</p><p>There's one thing reading between the lines:<b>We want to be Disney!</b></p><p><b>Disney Magic</b></p><p>In 1929, a man went to a hotel to find Walter Disney, offered $300 and asked for the image of Mickey Mouse to be printed on a writing table. The $300 became Disney's first franchise revenue. Nearly a hundred years later, this $300 became a big business of $54.7 billion.</p><p>Open Disney's IP list, and you will find that this is almost an endless list. In addition to its own original IPs, such as Mickey Mouse, * the Bear, Disney Princess, Lion King, etc., Disney also frantically acquired Pixar, Marvel Comics, Lucasfilm, and 20th Century Fox in the first 20 years of the 21st century. In other words, except Mickey Mouse, all the IPs you are familiar with such as Avengers, Star Wars, Avatar and Toy Story belong to Disney.</p><p>Family portraits of Disney's IP characters. Image credit: psu.edu</p><p>According to TitleMax data in 2019, 8 of the 20 most profitable IPs in the world are from Disney, with a cumulative economic value of US $355.182 billion. Among them, * the Bear, Mickey Mouse and Star Wars ranked 3rd, 4th and 5th respectively. These old IPs, which have been more than 40 years or even nearly a hundred years old, still explode with amazing vitality.</p><p><img src=\"https://static.tigerbbs.com/e949ad901d47454456f46fa01087221f\" tg-width=\"1080\" tg-height=\"3408\" referrerpolicy=\"no-referrer\">The remaining TOP 20 Disney IPs are Disney Princess at No. 7, Marvel Universe at No. 11, Spider-Man at No. 12, Cars at No. 18 and Toy Story at No. 19. Credit: TITLEMAX</p><p>In Hollywood, there is a famous locomotive theory:<b>The movie itself may not make money, but it must drive the development of related products</b>。 Walt Disney clearly knows this well. As early as 1957, he drew a sketch that clearly described Disney's business model.</p><p><img src=\"https://static.tigerbbs.com/4c6a77415a665f0ec24a5f0dc2a0a794\" tg-width=\"596\" tg-height=\"529\" referrerpolicy=\"no-referrer\">The Disney business model painted by Walt Disney. Credit: kottke.org</p><p>In this sketch, the film studio is in a clear central position, surrounded by music, television, licensed merchandise, theme parks and publications. Take magazines, for example, movies provide articles for magazines, and magazines can promote movies and Disneyland. Each piece is closely connected, cooperating with each other and complement each other.</p><p>To this day, Disney still hasn't broken away from the underlying logic of this model. Disney never regards the animated images created as disposable consumer goods, but digs deeply as a gold mine that can be consumed for a long time. When Disney makes a movie, the company doesn't just think about the movie itself, but how to transform the story into goods, services, experiences and other derivative products. As former Disney CFO Jay Rasulo said: Every aspect of the company is brand-oriented and franchise-oriented.</p><p>Today, Disney's model is called<b>Round revenue</b>。</p><p>First of all, Disney will launch movies with IP stories as the core at a high cost, and earn the first round of revenue through the box office.</p><p>Then, Disney will sell the film rights to streaming platforms to earn a second round of revenue</p><p>At the same time, every time Disney launches a new movie, it will add corresponding new characters to the theme park, and earn the third round of revenue through Disneyland.</p><p>Finally, earn a fourth round of revenue through franchising, publishing, retail, etc.</p><p>Through these four rounds of revenue, Disney clearly squeezed out the profits of every IP. These various profit channels give Disney a key advantage over Netflix and continue the vitality of its IP.</p><p><b>Build love for stories and turn love into money</b></p><p>Unlike Disney, Netflix has no plans to build offline stores. Currently, Netflix has cooperated with Target,<a href=\"https://laohu8.com/S/WMT\">Walmart</a>、<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, H&M, Sephora and other retailers have signed licensing agreements for hundreds of peripheral products.</p><p>Netflix has also developed an online mall system together with e-commerce platform Shopify. Previously, Shopify has provided technical support for Allbirds, Kith, The New York Times, and Kim Kardashian's brand Skims.</p><p>Simon, the project leader of Netflix Shop, once stayed at Disney Studios for six years as the production and development director.</p><p>All these messages seem to indicate Netflix's determination: Hey! We are not playing tickets, we are serious!</p><p>For years, Netflix has shied away from being an entertainment company or a tech company. Just recently, Hastings, the founder of Netflix, declared: We are really an entertainment company.</p><p>According to Matthew Ball, a former Amazon Studio executive,<b>Essentially, an entertainment company does only three things:</b></p><p><ol><li><b>Create/tell a story</b></p><p></li><li><b>Build love for these stories</b></p><p></li><li><b>Turn love into money</b></p><p></li></ol>By that standard, Disney is easily the best company on the planet. Think about it, how many little girls want to wear Elsa's long blue dress while visiting Disneyland? How many parents will pay for it?</p><p>Netflix has done a good enough job of telling stories and building love, but can it turn love into money?</p><p>Mark A Cohen, director of retail research at Columbia Business School, expressed doubts: Most of them (Netflix's hits) have short shelf lives, unlike Disney's IPs, which are a long journey of a generation.</p><p>Despite a lot of uncertainty, this is undoubtedly Netflix's best year financially. The company has borrowed a total of $16 billion in the past 10 years. Late last year, Netflix said in its fourth-quarter earnings report that it no longer needed to seek borrowings to fund the company. In other words, Netflix has become a truly profitable company.</p><p>And its other streaming competitors are still losing money, including Disney.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/m--XabEJEHyLq5PY_bXcWw\">极客公园</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e2224e6b43e75f835dbd8bb6d8c4972c","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","DIS":"迪士尼","NFLX":"奈飞"},"source_url":"https://mp.weixin.qq.com/s/m--XabEJEHyLq5PY_bXcWw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138372330","content_text":"面对大举反攻的影视巨头，Netflix 虽然已经开始赚钱，但这远远不够。\nNetflix 开始学习迪士尼了。\n就在爱优腾还在和短视频行业较劲的当口，早已盈利的 Netflix 推出了 Netflix Shop，首次进入了电商领域。\nNetflix Shop 目前在售的商品数量还很有限，不过 18 种。其中有高达 135 美元的机器人闹钟，也有 30 美元的 T 恤，但主要还是价位在 30 至 80 美元的服饰。未来，Netflix 还会推出《怪奇物语》《猎魔人》等系列商品。\n这些商品的共同点在于——它们都是 Netflix 旗下 IP 的周边产品。\n这很难让人不联想到 IP 授权市场里的那个顶级玩家——迪士尼。根据国际授权业协会（LIMA）数据显示，2019 年全球授权商品的销售额为了 2928 亿美元。第一名迪士尼就占了 547 亿美元，这个数字，是 Netflix 2020 全年收入的两倍。\n显然，Netflix 瞄准了 IP 授权的蛋糕。这背后，是 Netflix 的隐忧，和野心。\nNetflix 的隐忧\n2020 年几乎是 Netflix 诞生以来最好的一年。因为疫情宅家的原因，许多人的娱乐活动都转向了线上。Netflix 也因此增长了 3700 万付费用户，打破了该公司的增长纪录，总付费用户数也历史性地突破 2 亿。相应的，全年利润增长了 76%。\n这家创立时做 DVD 租赁生意的公司，在电视黄金时代的末尾，及时转向了流媒体业务。此后年年实现了付费用户两位数以上的增长。\n作为一家市值 2300 亿美元的公司，Netflix 的商业模式却极其简单——生产优质内容，吸引消费者付费订阅。2019 年，Netflix 98.52% 的收入都来自会员费。类比国内的长视频平台爱奇艺，会员费仅占其总营收的约 50%，其它的收入主要来自在线广告和内容分发。可以说，Netflix 营收的增长完全取决于用户的增长。这句话的另一面是，一旦付费用户无法持续增长，Netflix 的商业模式就会迎来危机。\n作为流媒体平台的先驱和用户数量最庞大的 Netflix，可能更早撞上用户天花板。流媒体平台本质上是抢夺了付费电视的用户。以美国付费电视市场为例，在 2011 年付费用户达到 1.01 亿的顶峰后就逐年下滑。目前 Netflix 的美国用户约为 6700 万，也就是说，超过半数的潜在用户已经为 Netflix 买了单。就在 2021 年第一季度，Netflix 新增用户仅为 400 万，低于预期的 600 万，Netflix 的股价应声下跌了 11%。\n一个季度的糟糕表现对 Netflix 来说并不是什么严重的问题，真正伤筋动骨的是——Netflix 的市场份额可能正在被竞争对手蚕食。\n为了应对用户增长放缓带来的营收压力，Netflix 的会员费先后上涨过 5 次。最近的一次发生在 2020 年 10 月份, 基础套餐维持在 8.99 美元不变，标准和基础套餐别上涨了 1 美元和 2 美元，至 13.99 美元和 17.99 美元。\n这个价格与 Netflix 过于十几年来的主要竞争对手 HBO NOW（无广告版 14.99 美元）、HULU（无广告版 11.99 美元）差别不大，但是和迪士尼、苹果这些野心勃勃的新一代入场者相比，就没有什么优势了。迪士尼+的月费仅为 7.99 美元，苹果 TV+的费用甚至更低，仅为 4.99 美元。\n过去一年几乎是全球流媒体的战国时代，巨头迪士尼、苹果、派拉蒙相继入场。\n在今年一季度的财报分析会议上，当被问及如何看待当下的竞争时，Netflix 的创始人里德·黑斯廷斯（Reed Hastings）是这么回应的：「很明显，新的竞争一直存在。但是当我们翻看过往的数据，公司一直在保持增长，因为我们也很有信心。」\n创始人的信心是一方面，但巨头们对 Netflix 的蚕食也是实实在在。2020 年，Netflix 原创节目的市场份额从年初的 56% 跌至了 50%。\n全球原创节目市场份额。数据来源：Parrot Analytics。图片来源：纽约时报\n这背后，是 Netflix 的内容流失。因为迪士尼+的上线，Netflix 下架了一系列迪士尼 IP 内容。而 HBO，也拿回了《老友记》《生活大爆炸》、吉卜力工作室等作品的版权。同样的，老牌情景喜剧《办公室》也被 NBC 收回旗下。\n在订阅用户的观看时长中，Netflix 自制剧仅占总数的 30%，其它都来自外部版权。根据《第一财经》杂志的数据，2018 年 Netflix 播放时长前三的作品正是《办公室》《老友记》和《实习医生格蕾》。新内容可能是拉动用户增长的关键，但是对于老观众来说，他们更倾向于选择自己熟悉的作品。\n一直在原创内容发力的 Netflix，因为疫情的缘故，撤回了大部分制作计划。目前，Netflix 还没有任何大型的回归系列。\nNetflix 的模式多少像是一锤子买卖。用户观看完剧集后，就和这部剧不再发生联系。Netflix 旗下的《怪奇物语》《纸牌屋》有大批的死忠粉丝，但单一的订阅付费模式并不能完全挖掘这些 IP 的价值。这就出现了一种奇怪的现象：一边是手握钞票嗷嗷叫着「Shut up and take my money」的粉丝，一边是「无动于衷」的官方。\n图片来源：memegenetator\n去年 Netflix 自制纪录片《虎王》上线 10 天就有 3430 万人观看，是 Netflix 最成功的剧集。在电商品牌 Esty 上立刻出现了大量《虎王》周边。但无一列外，它们都是山寨的。\n在 Esty 上搜索「虎王」，仍有 8195 条结果。图片来源：Esty\n这就不难理解为什么 Netflix 要推出线上商城。在 Netflix 官方博客中，Netflix Shop 的负责人、消费品部门副总裁约什·西蒙（Josh Simon）如此写道：「我们喜欢看到好故事超越屏幕，成为人们生活的一部分。」「我们一直在考虑如何为粉丝们拓展我们的故事世界，从服装和玩具到身临其境的事件和游戏。这也是为什么今天我们推出 Netflix.shop，将其作为一个令人兴奋的新目的地，将精心策划的产品和丰富的故事结合在一个独特的 Netflix 购物体验中。」\n这字里行间都在说一件事：我们想要成为迪士尼！\n迪士尼魔法\n1929 年，有一个人到旅馆找到沃尔特·迪士尼（Walter Disney），拿出 300 美元，要求把米老鼠的形象印在写字桌上。这 300 美元成了迪士尼的第一笔「特许经营」收入。近百年后，这 300 美元成了 547 亿美元的大生意。\n翻开迪士尼的 IP 清单，你会发现这几乎是一本长不见底的名录。除了自有的原创 IP，如米老鼠、小熊维尼、迪士尼公主、狮子王等，迪士尼在 21 世纪的头 20 年还疯狂收购了皮克斯、漫威、卢卡斯影业、二十世纪福克斯。也就是说，除了米老鼠，你所熟悉的复仇者联盟、星球大战、阿凡达、玩具总动员这些 IP 全部都属于迪士尼。\n迪士尼旗下 IP 人物全家福。图片来源：psu.edu\n根据 TitleMax 2019 年的数据，全球最赚钱的 20 个 IP 中有 8 个来自迪士尼，累计经济价值达 3551.82 亿美元。其中小熊维尼、米老鼠、星球大战分别位列第 3、4、5 位。这些超过了 40 年甚至近百年的老 IP，依旧爆发出了惊人的生命力。\n其余 TOP 20 的迪士尼 IP 分别是第 7 位的迪士尼公主、11 位的漫威宇宙、12 位的蜘蛛侠、18 位的赛车总动员和 19 位的玩具总动员。图片来源：TITLEMAX\n在好莱坞，有一个著名的火车头理论：电影本身可以不赚钱，但它必须带动相关产品的发展。沃尔特·迪士尼显然深谙此道。早在 1957 年，他就画下了一张草图，清晰描述了迪士尼的商业模式。\n沃尔特·迪士尼画下的迪士尼商业模式。图片来源：kottke.org\n在这张草图中，电影制片厂处在了明确的中心位置，音乐、电视、授权商品、主题乐园和出版物都环绕在四周。拿杂志来说，电影为杂志提供了文章内容，杂志则可以宣传电影和迪士尼乐园。每一部分都紧密联系在一起，相互配合，相互补充。\n时至今日，迪士尼公司依旧没有脱离这套模式的底层逻辑。迪士尼从不把创作出的动画形象看成一次性消费品，而是作为一个可长久消费的金矿去深度挖掘。当迪士尼制作一部电影时，公司不仅仅是考虑电影本身，而如何将故事转化为商品、服务、体验和其它衍生产品。正如迪士尼前首席财务官杰·拉苏洛（Jay Rasulo）所说：「公司的每个方面都是面向品牌和特许经营的。」\n在今天，迪士尼的这种模式被叫做轮次收入。\n首先，迪士尼会以高成本推出以 IP 故事为核心的电影，通过票房赚取第一轮收入。\n然后，迪士尼会把影片版权卖给流媒体平台，赚取第二轮收入\n同时，迪士尼每推出一部新电影就会在主题乐园中增加相应的新人物，通过迪士尼乐园赚取第三轮收入。\n最后，通过特许经营、出版、零售等方式赚取第四轮收入。\n通过这四轮收入，迪士尼明明白白地「榨干」了每一个 IP 的利润。这些多种多样的盈利渠道使迪士尼比 Netflix 拥有了关键的优势，更加延续了旗下 IP 的生命力。\n为故事建立爱，把爱变成钱\n与迪士尼不同，Netflix 并没有建立线下门店的计划。目前，Netflix 已经和 Target、沃尔玛、亚马逊、H&M、丝芙兰等零售商签订了数百种周边产品的许可协议。\nNetflix 还和电商平台 Shopify 一起开发了线上商城系统。此前，Shopify 已经为 Allbirds、Kith、《纽约时报》和金·卡戴珊（Kim Kardashian）的品牌 Skims 提供过技术支持。\n而 Netflix Shop 的项目负责人西蒙，就曾经在迪士尼工作室呆过六年，担任制作和开发总监。\n这些信息似乎都在表明 Netflix 的决心：「嘿！我们可不是在玩票，我们是认真的！」\n多年来，Netflix 一直回避自己是一家娱乐公司还是科技公司。就在最近，Netflix 创始人黑斯廷斯宣称：「我们真的是一家娱乐公司。」\n按照亚马逊工作室（Amazon Studio）前高管马修·鲍尔（Matthew Ball）的说法，从本质上讲，一家娱乐公司只做三件事：\n\n创造/讲述故事\n为这些故事建立爱\n把爱变成钱\n\n按照这个标准来说，迪士尼无疑是这个星球上做得最好的公司。想想看，有多少小女孩想在逛迪士尼乐园的时候穿上爱莎的蓝色长裙？又有多少家长会为此买单？\n在讲故事和建立爱上，Netflix 已经做得足够好了，但它能把爱变成钱吗？\n哥伦比亚商学院的零售研究主任马克·A·科恩（Mark A Cohen）就表示了怀疑：「它们（Netflix 的热播剧）大多数的保质期都很短，不像迪士尼的 IP，那是一代人的漫长旅程。」\n尽管有非常多的不确定性，但当下无疑是 Netflix 财务状况最好的一年。这家公司在过去 10 年总共借款达 160 亿美元。去年年底，Netflix 在第四季度财报上表示，它不再需要寻求借款来为公司提供资金。换句话说，Netflix 成为了一家真正盈利的公司。\n而它的其它流媒体竞争对手，都还在亏着钱，包括迪士尼。","news_type":1,"symbols_score_info":{"DIS":0.9,"QNETCN":0.9,"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":2459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159274464,"gmtCreate":1624972925358,"gmtModify":1703849126697,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159274464","repostId":"1118894802","repostType":4,"repost":{"id":"1118894802","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":1624955420,"share":"https://ttm.financial/m/news/1118894802?lang=en_US&edition=fundamental","pubTime":"2021-06-29 16:30","market":"fut","language":"zh","title":"Market Summary: The throne of \"First Brother\" in Shenzhen Stock Exchange changes hands! Haidilao \"boils\" against the trend","url":"https://stock-news.laohu8.com/highlight/detail?id=1118894802","media":"老虎资讯综合","summary":"港股\n港股三大指数全日呈单边下跌行情，市场整体情绪表现平淡。截至收盘，恒指跌0.94%报28994点，国指跌0.98%报10757点，恒生科技指数跌0.91%报8201点。\n\n盘面上，石油板块跌幅居前","content":"<p><b>Hong Kong Stocks</b></p><p>The three major Hong Kong stock indexes showed a unilateral decline throughout the day, and the overall market sentiment was dull. As of the close, the Hang Seng Index fell 0.94% to 28,994 points, the State Index fell 0.98% to 10,757 points, and the Hang Seng Technology Index fell 0.91% to 8201 points.</p><p><img src=\"https://static.tigerbbs.com/c7f0b8ac73315eee841216419d34c674\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>On the disk, the oil sector was among the top losers, and all three barrels of oil fell sharply, dragging the market down; Recently, strong biomedical stocks and port shipping stocks have pulled back across the board, financial stocks (insurance, securities firms, banks) have performed sluggishly, and energy stocks such as home appliance stocks, aviation stocks, medical beauty stocks, gas stocks, defense stocks, gambling stocks, and coal generally fell; Big tech stocks were mixed,<a href=\"https://laohu8.com/S/09999\">NetEase-S</a>Bucking the trend, it rose 3.6%,<a href=\"https://laohu8.com/S/09618\">Jingdong Group-SW</a>、<a href=\"https://laohu8.com/S/09888\">Baidu Group-SW</a>Closed up,<a href=\"https://laohu8.com/S/00700\">Tencent</a>、<a href=\"https://laohu8.com/S/09988\">Alibaba-SW</a>、<a href=\"https://laohu8.com/S/03690\">Meituan-W</a>All fell; Catering stocks rebounded sharply,<a href=\"https://laohu8.com/S/06862\">Haidilao</a>Rose nearly 9%,<a href=\"https://laohu8.com/S/00520\">Xiabuxiabu</a>Up 4.5%; Photovoltaic stocks are strong, property management stocks continue to rise,<a href=\"https://laohu8.com/S/00873\">Shimao Services</a>Waiting for many stocks to continue to hit new high prices. The market turnover was 146.1 billion Hong Kong dollars, and the net inflow of southbound funds bucked the trend and was 963 million Hong Kong dollars.</p><p><b>A Shares</b></p><p>The three major indexes pulled back. The Shanghai Composite Index consolidated weakly above the 30-day line, closing down 0.92% to 3,573 points throughout the day, the Shenzhen Component Index fell 0.99% to 14,999 points, and the ChiNext Index fell 0.19% to 3,406 points. More than 3,100 stocks in the two cities fell, and the market sentiment and profit-making effect dropped significantly. The turnover returned to below the trillion once again after seven trading days, reaching 997.4 billion, and the net sales of northbound funds throughout the day were 3.14 billion.</p><p><img src=\"https://static.tigerbbs.com/55bf301fcd48fb59b0f70e721046a291\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>The performance of theme concepts is sluggish, and concept stocks such as military industry, finance, liquor, chips, and 5G generally fall; Most funds flow to photovoltaic concepts,<a href=\"https://laohu8.com/S/300118\">Sunrise Oriental</a>Wait for the daily limit of ten stocks,<a href=\"https://laohu8.com/S/601012\">LONGi shares</a>Rose more than 3%; The concept of silicone is strong throughout the day,<a href=\"https://laohu8.com/S/603260\">Hesheng Silicon Industry</a>The daily limit hit a new high; Concepts such as HIT batteries, lithium extraction from salt lakes, babies and children, and online travel were active, and most textile and apparel stocks rose.</p><p><a href=\"https://laohu8.com/S/300750\">Ningde era</a>The stock price hit a record high again. As of the close, it rose nearly 3%. The latest market value was 1,184.3 billion yuan, surpassing<a href=\"https://laohu8.com/S/000858\">Wuliangye</a>Become the \"first brother\" of Shenzhen Stock Exchange.</p><p><img src=\"https://static.tigerbbs.com/93d3ce21ca8d59215a3c2e1be2a9f337\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><b>US stocks</b></p><p>The three major U.S. stock index futures were mixed. As of press time, Dow futures rose 0.17%; Nasdaq 100 futures fell 0.24%; S&P 500 futures fell 0.02%.</p><p><img src=\"https://static.tigerbbs.com/83895d64ec668d72dcb5edf73dbeff5d\" tg-width=\"478\" tg-height=\"182\" referrerpolicy=\"no-referrer\"></p><p>Morgan Stanley rose more than 2% before the market. Morgan Stanley doubled its quarterly Dividend to 70 cents and will repurchase up to $12 billion in shares.</p><p><img src=\"https://static.tigerbbs.com/72c436e1b865ee4e1d224f056bfd31ee\" tg-width=\"1302\" tg-height=\"833\"></p><p><b>European stocks</b></p><p>Major European indexes rose across the board. As of press time, the German DAX index rose 0.57%.<a href=\"https://laohu8.com/S/VUKE.UK\">UK FTSE 100</a>The index rose 0.33%, the French CAC40 index rose 0.35%, and the European Stoxx 50 index rose 0.37%.</p><p><img src=\"https://static.tigerbbs.com/2b257919c3a4379a1b3848f144a0a925\" tg-width=\"820\" tg-height=\"362\" referrerpolicy=\"no-referrer\"></p><p><b>crude oil</b></p><p>International oil prices fell slightly. As of press time, WTI crude oil was at US $72.79/barrel, down 0.16%; Brent oil is now trading at $74.55 a barrel, down 0.17%.</p><p>International oil prices have been dragged down by concerns about slowing fuel demand growth, as a new outbreak of the highly contagious new coronavirus variant Delta has triggered new movement restrictions around the world. However, U.S. shale oil producers still stick to the commitment pointed out to suspend the expansion, which is different from what they did during previous waves of boom cycles and is good for the oil market.</p><p><img src=\"https://static.tigerbbs.com/2317c0df6a343fd5277e3356ad5ee5b4\" tg-width=\"822\" tg-height=\"833\"><img src=\"https://static.tigerbbs.com/e4c741ddb202c84a0df34706caf5f957\" tg-width=\"822\" tg-height=\"833\"></p><p><b>Gold</b></p><p>International gold fell slightly, falling 0.72% on the day to $1,767.8 per ounce.</p><p>International gold prices continued to fluctuate sideways within a narrow range for more than a week, and investors' concerns that the Federal Reserve would tighten monetary policy earlier than expected weakened the attractiveness of gold. Technically, the price of gold is still bearish, with the lower support looking at $1,748. However, the US Dollar Index has hovered below the 92 integer mark in the past week, limiting the downside of gold.</p><p><img src=\"https://static.tigerbbs.com/7e5ed09a2cb81ab881444e6e45deed9d\" tg-width=\"822\" tg-height=\"833\"></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>Market Summary: The throne of \"First Brother\" in Shenzhen Stock Exchange changes hands! Haidilao \"boils\" against the trend</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\">\nMarket Summary: The throne of \"First Brother\" in Shenzhen Stock Exchange changes hands! Haidilao \"boils\" against the trend\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-29 16:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>Hong Kong Stocks</b></p><p>The three major Hong Kong stock indexes showed a unilateral decline throughout the day, and the overall market sentiment was dull. As of the close, the Hang Seng Index fell 0.94% to 28,994 points, the State Index fell 0.98% to 10,757 points, and the Hang Seng Technology Index fell 0.91% to 8201 points.</p><p><img src=\"https://static.tigerbbs.com/c7f0b8ac73315eee841216419d34c674\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>On the disk, the oil sector was among the top losers, and all three barrels of oil fell sharply, dragging the market down; Recently, strong biomedical stocks and port shipping stocks have pulled back across the board, financial stocks (insurance, securities firms, banks) have performed sluggishly, and energy stocks such as home appliance stocks, aviation stocks, medical beauty stocks, gas stocks, defense stocks, gambling stocks, and coal generally fell; Big tech stocks were mixed,<a href=\"https://laohu8.com/S/09999\">NetEase-S</a>Bucking the trend, it rose 3.6%,<a href=\"https://laohu8.com/S/09618\">Jingdong Group-SW</a>、<a href=\"https://laohu8.com/S/09888\">Baidu Group-SW</a>Closed up,<a href=\"https://laohu8.com/S/00700\">Tencent</a>、<a href=\"https://laohu8.com/S/09988\">Alibaba-SW</a>、<a href=\"https://laohu8.com/S/03690\">Meituan-W</a>All fell; Catering stocks rebounded sharply,<a href=\"https://laohu8.com/S/06862\">Haidilao</a>Rose nearly 9%,<a href=\"https://laohu8.com/S/00520\">Xiabuxiabu</a>Up 4.5%; Photovoltaic stocks are strong, property management stocks continue to rise,<a href=\"https://laohu8.com/S/00873\">Shimao Services</a>Waiting for many stocks to continue to hit new high prices. The market turnover was 146.1 billion Hong Kong dollars, and the net inflow of southbound funds bucked the trend and was 963 million Hong Kong dollars.</p><p><b>A Shares</b></p><p>The three major indexes pulled back. The Shanghai Composite Index consolidated weakly above the 30-day line, closing down 0.92% to 3,573 points throughout the day, the Shenzhen Component Index fell 0.99% to 14,999 points, and the ChiNext Index fell 0.19% to 3,406 points. More than 3,100 stocks in the two cities fell, and the market sentiment and profit-making effect dropped significantly. The turnover returned to below the trillion once again after seven trading days, reaching 997.4 billion, and the net sales of northbound funds throughout the day were 3.14 billion.</p><p><img src=\"https://static.tigerbbs.com/55bf301fcd48fb59b0f70e721046a291\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>The performance of theme concepts is sluggish, and concept stocks such as military industry, finance, liquor, chips, and 5G generally fall; Most funds flow to photovoltaic concepts,<a href=\"https://laohu8.com/S/300118\">Sunrise Oriental</a>Wait for the daily limit of ten stocks,<a href=\"https://laohu8.com/S/601012\">LONGi shares</a>Rose more than 3%; The concept of silicone is strong throughout the day,<a href=\"https://laohu8.com/S/603260\">Hesheng Silicon Industry</a>The daily limit hit a new high; Concepts such as HIT batteries, lithium extraction from salt lakes, babies and children, and online travel were active, and most textile and apparel stocks rose.</p><p><a href=\"https://laohu8.com/S/300750\">Ningde era</a>The stock price hit a record high again. As of the close, it rose nearly 3%. The latest market value was 1,184.3 billion yuan, surpassing<a href=\"https://laohu8.com/S/000858\">Wuliangye</a>Become the \"first brother\" of Shenzhen Stock Exchange.</p><p><img src=\"https://static.tigerbbs.com/93d3ce21ca8d59215a3c2e1be2a9f337\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><b>US stocks</b></p><p>The three major U.S. stock index futures were mixed. As of press time, Dow futures rose 0.17%; Nasdaq 100 futures fell 0.24%; S&P 500 futures fell 0.02%.</p><p><img src=\"https://static.tigerbbs.com/83895d64ec668d72dcb5edf73dbeff5d\" tg-width=\"478\" tg-height=\"182\" referrerpolicy=\"no-referrer\"></p><p>Morgan Stanley rose more than 2% before the market. Morgan Stanley doubled its quarterly Dividend to 70 cents and will repurchase up to $12 billion in shares.</p><p><img src=\"https://static.tigerbbs.com/72c436e1b865ee4e1d224f056bfd31ee\" tg-width=\"1302\" tg-height=\"833\"></p><p><b>European stocks</b></p><p>Major European indexes rose across the board. As of press time, the German DAX index rose 0.57%.<a href=\"https://laohu8.com/S/VUKE.UK\">UK FTSE 100</a>The index rose 0.33%, the French CAC40 index rose 0.35%, and the European Stoxx 50 index rose 0.37%.</p><p><img src=\"https://static.tigerbbs.com/2b257919c3a4379a1b3848f144a0a925\" tg-width=\"820\" tg-height=\"362\" referrerpolicy=\"no-referrer\"></p><p><b>crude oil</b></p><p>International oil prices fell slightly. As of press time, WTI crude oil was at US $72.79/barrel, down 0.16%; Brent oil is now trading at $74.55 a barrel, down 0.17%.</p><p>International oil prices have been dragged down by concerns about slowing fuel demand growth, as a new outbreak of the highly contagious new coronavirus variant Delta has triggered new movement restrictions around the world. However, U.S. shale oil producers still stick to the commitment pointed out to suspend the expansion, which is different from what they did during previous waves of boom cycles and is good for the oil market.</p><p><img src=\"https://static.tigerbbs.com/2317c0df6a343fd5277e3356ad5ee5b4\" tg-width=\"822\" tg-height=\"833\"><img src=\"https://static.tigerbbs.com/e4c741ddb202c84a0df34706caf5f957\" tg-width=\"822\" tg-height=\"833\"></p><p><b>Gold</b></p><p>International gold fell slightly, falling 0.72% on the day to $1,767.8 per ounce.</p><p>International gold prices continued to fluctuate sideways within a narrow range for more than a week, and investors' concerns that the Federal Reserve would tighten monetary policy earlier than expected weakened the attractiveness of gold. Technically, the price of gold is still bearish, with the lower support looking at $1,748. However, the US Dollar Index has hovered below the 92 integer mark in the past week, limiting the downside of gold.</p><p><img src=\"https://static.tigerbbs.com/7e5ed09a2cb81ab881444e6e45deed9d\" tg-width=\"822\" tg-height=\"833\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a5d11890cd6ccd454a56d86737fd3353","relate_stocks":{"300750":"宁德时代","399001":"深证成指","399006":"创业板指",".DJI":"道琼斯","HSI":"恒生指数","06862":"海底捞",".SPX":"S&P 500 Index","000001.SH":"上证指数",".IXIC":"NASDAQ Composite","HSCCI":"红筹指数","HSTECH":"恒生科技指数","HSCEI":"国企指数"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118894802","content_text":"港股\n港股三大指数全日呈单边下跌行情，市场整体情绪表现平淡。截至收盘，恒指跌0.94%报28994点，国指跌0.98%报10757点，恒生科技指数跌0.91%报8201点。\n\n盘面上，石油板块跌幅居前，三桶油皆重挫拖累大市走低；近期强势的生物医药股、港口航运股全线回调，金融股(保险、券商、银行)表现低迷，家电股、航空股、医美股、燃气股、军工股、濠赌股、煤炭等能源股普遍下跌；大型科技股涨跌不一，网易-S逆势大涨3.6%，京东集团-SW、百度集团-SW收涨，腾讯、阿里巴巴-SW、美团-W均下跌；餐饮股大幅反弹，海底捞大涨近9%，呷哺呷哺涨4.5%；光伏股强势，物管股继续上扬，世茂服务等多股续创新高价。大市成交额为1461亿港元，南下资金逆势净流入9.63亿港元。\nA股\n三大指数回调，沪指在30日线上方弱势整理，全天收跌0.92%报3573点，深成指跌0.99%报14999点，创业板指跌0.19%报3406点。两市3100余股下跌，市场情绪及赚钱效应明显回落，成交额时隔七个交易日再次回至万亿下方，为9974亿，北上资金全天净卖出31.4亿。\n\n题材概念表现低迷，军工、金融、白酒、芯片、5G等概念股普遍下跌；资金多数流向光伏概念，东方日升等十股涨停，隆基股份涨逾3%；有机硅概念全天强势，合盛硅业涨停创新高；HIT电池、盐湖提锂、婴童、在线旅游等概念活跃，纺织服饰股多数上涨。\n宁德时代股价再创历史新高，截至收盘，涨近3%，最新市值11843亿元，超越五粮液成为深市“一哥”。\n\n美股\n美国三大股指期货涨跌不一，截至发稿，道指期货涨0.17%；纳斯达克100指数期货跌0.24%；标普500指数期货跌0.02%。\n\n摩根士丹利盘前涨超2%，摩根士丹利将季度股息翻倍至70美分，将回购最高120亿美元股票。\n\n欧股\n欧洲主要指数全线上涨，截止发稿，德国DAX指数涨0.57%，英国富时100指数涨0.33%，法国CAC40指数涨0.35%，欧洲斯托克50指数涨0.37%。\n\n原油\n国际油价小幅下跌，截止发稿，WTI原油报72.79美元/桶，跌0.16%；布油现报74.55美元/桶，跌0.17%。\n国际油价受到对燃料需求增长放缓的担忧拖累，因为高传染性新冠变种病毒Delta的新疫情在全球引发了新的行动限制。不过美国页岩油生产商仍坚守暂停扩大指出的承诺，有异于先前几波景气循环荣景时的做法，对油市构成利好。\n\n黄金\n国际黄金小幅走低，日内跌0.72%，报1767.8美元/盎司。\n国际金价延续逾一周的横盘窄幅震荡态势，投资者对美联储将比预期更早收紧货币政策的担忧削弱了黄金的吸引力。技术上看金价仍看跌，下方支撑看向1748美元。但美元指数过去一周徘徊在92整数关口下方，限制了黄金下行空间。","news_type":1,"symbols_score_info":{"300750":0.9,"399001":0.9,"399006":0.9,"HSTECH":0.9,".DJI":0.9,"06862":0.9,"HSI":0.9,".SPX":0.9,"HSCCI":0.9,"000001.SH":0.9,".IXIC":0.9,"HSCEI":0.9}},"isVote":1,"tweetType":1,"viewCount":2093,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159274834,"gmtCreate":1624972910628,"gmtModify":1703849125887,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":" ?","listText":" ?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159274834","repostId":"1188452851","repostType":4,"repost":{"id":"1188452851","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":1624960188,"share":"https://ttm.financial/m/news/1188452851?lang=en_US&edition=fundamental","pubTime":"2021-06-29 17:49","market":"sh","language":"zh","title":"61 daily limit, what kind of \"demon wind\" is the most bullish ST stock blowing?","url":"https://stock-news.laohu8.com/highlight/detail?id=1188452851","media":"华尔街见闻","summary":"如果问今年最妖的股是哪只，那一定非*ST众泰莫属。\n今年以来，*ST众泰在100多个交易日狂拉61个涨停，成为A股涨停王，股价也从年初的1.34元飙升至目前的7.5元，足足涨了460%，股价翻了5倍！","content":"<p>If you ask which stock is the most demonic this year, it must be<a href=\"https://laohu8.com/S/000980\">* ST Zotye</a>It's none other than.</p><p>Since the beginning of this year, * ST Zotye has pulled 61 daily limits in more than 100 trading days, becoming<b>A share daily limit king</b>, the stock price has also soared from 1.34 yuan at the beginning of the year to the current 7.5 yuan, a full increase of 460%, and the stock price has increased five times!</p><p>If calculated based on the highest increase, * ST Zotye's<b>The cumulative increase is as high as 628%, more than 6 times!</b></p><p><img src=\"https://static.tigerbbs.com/83019cb4d2e69da5e15ccb2c837e3f24\" tg-width=\"840\" tg-height=\"470\"></p><p>During this period, the company issued many announcements of stock price changes and suggestive announcements that the stock may be subject to delisting risk warnings. After three suspension verifications, it failed to prevent the stock price from \"riding the dust\".</p><p>According to<a href=\"https://laohu8.com/S/300033\">Straight flush</a>According to statistics, since January 11th as of June 24th, * ST Zotye has been on the dragon and tiger list of the exchange as many as 23 times, attracting a lot of hot money to participate in the speculation.</p><p>According to data from the Choice Dragon and Tiger List, as of June 24, * ST Zotye's top five sales departments with the largest purchase amount for three consecutive trading days are all known as \"retail investor base camps\"<a href=\"https://laohu8.com/S/300059\">Oriental Fortune</a>Securities Lhasa Sales Department.</p><p><img src=\"https://static.tigerbbs.com/46071fe71f43e7f8af7638a92f29ea34\" tg-width=\"1080\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p><p>It is worth noting that<b>Due to continuous losses, * ST Zotye is at risk of being terminated from listing. After the tens of billions of losses that shocked the auto industry in 2019</b>, * ST Zotye 2020<b>Loss 10.801 billion yuan again</b>, as of the end of 2020, the company's net assets were-4.423 billion yuan. According to regulations, the company's audited net assets in 2020 are negative, and the company's stocks continue to be subject to a \"delisting risk warning\".</p><p><b>01. Reorganization expectations cause * ST Zotye to skyrocket</b></p><p>Throughout the hype history of * ST Zotye, it has always been inseparable from the \"restructuring expectation\".</p><p>On the evening of January 11 this year, * ST Zotye issued the \"Announcement on the Progress of Public Recruitment of Investors\", stating that on December 25 and December 28, 2020, the pre-reorganization manager signed the \"Confidentiality Agreement\" with an intended investor respectively, and signed the \"Confidentiality Agreement\" and the \"Intent Agreement\" with another intended investor.</p><p><b>Since then</b>，<b>* ST Zotye's share price began to \"rise endlessly\".</b></p><p>The two intended investors have paid the corresponding confidentiality deposit and intention deposit, and started to carry out specific due diligence after paying the deposit. As the saying goes, \"stock speculation is about expectations\", and the expectation of \"someone taking over and reorganizing\" has become the core driving force for * ST Zotye's continuous rise in the future.<img src=\"https://static.tigerbbs.com/d01c30a1357f4ca66327ea763408b69c\" tg-width=\"613\" tg-height=\"837\" referrerpolicy=\"no-referrer\"></p><p>In this regard,<b>The market once rumored that investors might<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Millet,<a href=\"https://laohu8.com/S/NIO\">Nio</a>One of them and Baoneng, among which Baoneng was once \"hammered\" by official news.</b></p><p>But later, * ST Zotye emphasized that Tesla, Xiaomi, Nio and Baoneng are not investors in the company's pre-restructuring.</p><p>According to media understanding, official website, Shandong Linyi Municipal Bureau of Commerce, once announced that the cooperation project between Baoneng Automobile Group Co., Ltd., a subsidiary of Baoneng Group, and Linyi Zotye has entered the substantive negotiation stage.</p><p>However, Baoneng Automobile denied the above statement to many media, and then Linyi Municipal Bureau of Commerce also revoked the release.</p><p><b>02. Zhibo Investment terminated its investment company, and the first and second largest tradable shareholders both \"ran away\"</b></p><p>After pulling 61 daily limits wildly,<b>A major negative news is like a bolt from the blue, which may become the straw that crushed * ST Zotye's connected board.</b></p><p>On the evening of June 25, Zotye Automobile announced that according to the relevant agreement of the Confidentiality Agreement signed by the intended investor Zhibo Investment and the company in December 2020, Zhibo Investment decided to terminate its investment in the company.</p><p><img src=\"https://static.tigerbbs.com/5d029f53c2c47afc85afae9ea489f8f0\" tg-width=\"682\" tg-height=\"458\" referrerpolicy=\"no-referrer\"></p><p>At the same time, the announcement also suggested that the company's stock may face the risk of termination of listing. If the company successfully implements the reorganization and completes the reorganization plan, it will help optimize the company's asset-liability structure and enhance the company's continuous operation and profitability. If the reorganization fails, the company will be declared bankrupt.</p><p>On Monday, June 28, * ST Zotye opened with a daily limit, with more than 480,000 orders closed, and the amount of orders closed exceeded 350 million yuan.</p><p><b>Some analysts have sorted out the dynamic timeline of * ST Zotye's intended investors. In fact, things can be traced back to December last year.</b></p><p>On December 25, 2020, * ST Zotye disclosed for the first time that Shanghai Zhiyang signed the Confidentiality Agreement and the Intention Agreement with the pre-reorganization manager, and paid the corresponding confidentiality deposit and intention deposit. On December 28, 2020, Hunan Zhibo signed a \"Confidentiality Agreement\" with the pre-reorganization manager and paid the corresponding confidentiality deposit.</p><p><img src=\"https://static.tigerbbs.com/f3948a0dfa5378ccb2f70cea501d90ce\" tg-width=\"656\" tg-height=\"276\" referrerpolicy=\"no-referrer\"></p><p><b>According to the announcement of * ST Zotye on April 7, the company currently has two intended investors</b>One is Shanghai Zhiyang Investment Co., Ltd. (hereinafter referred to as \"Shanghai Zhiyang\"), and the other is Hunan Zhibo Equity Investment Fund Management Co., Ltd. (hereinafter referred to as \"Hunan Zhibo\"). According to Qichacha, both companies are private equity fund managers with registered capital of 50 million yuan and 10 million yuan respectively, and neither of them has any relevant background in the automobile industry chain.</p><p><b>However, in May, things took another turn</b>。 On the evening of May 12, * ST Zotye, which has entered the pre-restructuring stage, announced that the company received a letter from Shanghai Zhiyang Investment Co., Ltd. transferred by the company's pre-restructuring manager on May 12, 2021: \"Based on the company's evaluation of the due diligence results of Zotye Automobile Co., Ltd. (hereinafter referred to as Zotye Automobile) and the recent changes in Zotye Automobile's stock price, which seriously deviated from its fundamentals, the company decided to suspend the investment in Zotye Automobile due to investment prudence.\"</p><p><b>Now, Zhibo Investment has chosen to terminate its investment in Zotye Automobile, and Shanghai Zhiyang, another potential investor, has also announced the suspension of investment. There is great uncertainty about whether it will finally decide to restructure Zotye Automobile</b>。</p><p>It never rains poorly. In addition to institutions terminating their investments,<b>Even * ST Zotye's \"own family\" has played a big reduction</b>。</p><p>On May 24th and May 27th, * ST Zotye issued two pre-disclosure announcements respectively about shareholders holding more than 5% of the shares reducing their shares in the company. First of all, the shareholder Great Wall (Deyang) Changfu Investment Fund Partnership, which holds 7.03% of the shares, plans to reduce the company's shares through centralized bidding or block trading, and the total ratio of the company's total share capital will not exceed 2.03%; Secondly, Wuhan Tianfeng Zhixin Investment Center (Limited Partnership), a shareholder holding 5.84% of the shares, plans to use centralized bidding or block transactions<b>\"Clearance\" reduction</b>。</p><p>Wind data shows that the company's first quarterly report shows that Great Wall Changfu and Tianfeng Zhixin are the company's first and second largest tradable shareholders respectively.</p><p>Daily Economic News believes that,<b>The two major shareholders suddenly made such a move when the stock price was at a high level. In addition to obtaining profits, the loss of confidence in the future of * ST Zotye can also be clearly felt</b>。</p><p>Next, will * ST Zotye, which is \"all four empty\" and \"jittery\", fall to the limit several times in a row, or will it continue to be hyped by funds to hit a new high?</p><p><b>03. The core value lies in the license plate, but the \"copycat Porsche\" cannot be tolerated</b></p><p>For * ST Zotye's connected board,<b>The entry of new car-making forces may be one of the catalysts</b>。</p><p>Recently, giants such as Xiaomi, Huawei, and Didi have successively launched car-making plans, and the qualification for new forces to build cars is a car-making qualification.<b>But so far, the National Development and Reform Commission has stopped issuing new energy vehicle production qualifications</b>。</p><p><b>Zotye has the production qualifications for new energy passenger vehicles and commercial vehicles</b>。 According to the data, Zotye is one of the earliest domestic car companies to enter the new energy vehicle industry. It is also the first domestic invention patent in the field of pure electric vehicles and the first enterprise to obtain the production and sales license of pure electric passenger vehicles.</p><p>Despite this,<b>But Zotye's rapid expansion by imitating luxury cars is surprising</b>。 In 2016, the company launched the Zotye SR9, which looks like a Porsche Macan, and is called the \"Porsche\". In addition, due to frequent quality problems, Zotye's sales have declined rapidly in recent years.</p><p><img src=\"https://static.tigerbbs.com/aeb2f12b758335d213c513448b74d590\" tg-width=\"503\" tg-height=\"300\" referrerpolicy=\"no-referrer\"></p><p>Such a cottage painting style, coupled with worrying quality problems, what if there is a license plate? In the end, it is still difficult to convince investors and partners.</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>61 daily limit, what kind of \"demon wind\" is the most bullish ST stock blowing?</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\">\n61 daily limit, what kind of \"demon wind\" is the most bullish ST stock blowing?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2021-06-29 17:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>If you ask which stock is the most demonic this year, it must be<a href=\"https://laohu8.com/S/000980\">* ST Zotye</a>It's none other than.</p><p>Since the beginning of this year, * ST Zotye has pulled 61 daily limits in more than 100 trading days, becoming<b>A share daily limit king</b>, the stock price has also soared from 1.34 yuan at the beginning of the year to the current 7.5 yuan, a full increase of 460%, and the stock price has increased five times!</p><p>If calculated based on the highest increase, * ST Zotye's<b>The cumulative increase is as high as 628%, more than 6 times!</b></p><p><img src=\"https://static.tigerbbs.com/83019cb4d2e69da5e15ccb2c837e3f24\" tg-width=\"840\" tg-height=\"470\"></p><p>During this period, the company issued many announcements of stock price changes and suggestive announcements that the stock may be subject to delisting risk warnings. After three suspension verifications, it failed to prevent the stock price from \"riding the dust\".</p><p>According to<a href=\"https://laohu8.com/S/300033\">Straight flush</a>According to statistics, since January 11th as of June 24th, * ST Zotye has been on the dragon and tiger list of the exchange as many as 23 times, attracting a lot of hot money to participate in the speculation.</p><p>According to data from the Choice Dragon and Tiger List, as of June 24, * ST Zotye's top five sales departments with the largest purchase amount for three consecutive trading days are all known as \"retail investor base camps\"<a href=\"https://laohu8.com/S/300059\">Oriental Fortune</a>Securities Lhasa Sales Department.</p><p><img src=\"https://static.tigerbbs.com/46071fe71f43e7f8af7638a92f29ea34\" tg-width=\"1080\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p><p>It is worth noting that<b>Due to continuous losses, * ST Zotye is at risk of being terminated from listing. After the tens of billions of losses that shocked the auto industry in 2019</b>, * ST Zotye 2020<b>Loss 10.801 billion yuan again</b>, as of the end of 2020, the company's net assets were-4.423 billion yuan. According to regulations, the company's audited net assets in 2020 are negative, and the company's stocks continue to be subject to a \"delisting risk warning\".</p><p><b>01. Reorganization expectations cause * ST Zotye to skyrocket</b></p><p>Throughout the hype history of * ST Zotye, it has always been inseparable from the \"restructuring expectation\".</p><p>On the evening of January 11 this year, * ST Zotye issued the \"Announcement on the Progress of Public Recruitment of Investors\", stating that on December 25 and December 28, 2020, the pre-reorganization manager signed the \"Confidentiality Agreement\" with an intended investor respectively, and signed the \"Confidentiality Agreement\" and the \"Intent Agreement\" with another intended investor.</p><p><b>Since then</b>，<b>* ST Zotye's share price began to \"rise endlessly\".</b></p><p>The two intended investors have paid the corresponding confidentiality deposit and intention deposit, and started to carry out specific due diligence after paying the deposit. As the saying goes, \"stock speculation is about expectations\", and the expectation of \"someone taking over and reorganizing\" has become the core driving force for * ST Zotye's continuous rise in the future.<img src=\"https://static.tigerbbs.com/d01c30a1357f4ca66327ea763408b69c\" tg-width=\"613\" tg-height=\"837\" referrerpolicy=\"no-referrer\"></p><p>In this regard,<b>The market once rumored that investors might<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Millet,<a href=\"https://laohu8.com/S/NIO\">Nio</a>One of them and Baoneng, among which Baoneng was once \"hammered\" by official news.</b></p><p>But later, * ST Zotye emphasized that Tesla, Xiaomi, Nio and Baoneng are not investors in the company's pre-restructuring.</p><p>According to media understanding, official website, Shandong Linyi Municipal Bureau of Commerce, once announced that the cooperation project between Baoneng Automobile Group Co., Ltd., a subsidiary of Baoneng Group, and Linyi Zotye has entered the substantive negotiation stage.</p><p>However, Baoneng Automobile denied the above statement to many media, and then Linyi Municipal Bureau of Commerce also revoked the release.</p><p><b>02. Zhibo Investment terminated its investment company, and the first and second largest tradable shareholders both \"ran away\"</b></p><p>After pulling 61 daily limits wildly,<b>A major negative news is like a bolt from the blue, which may become the straw that crushed * ST Zotye's connected board.</b></p><p>On the evening of June 25, Zotye Automobile announced that according to the relevant agreement of the Confidentiality Agreement signed by the intended investor Zhibo Investment and the company in December 2020, Zhibo Investment decided to terminate its investment in the company.</p><p><img src=\"https://static.tigerbbs.com/5d029f53c2c47afc85afae9ea489f8f0\" tg-width=\"682\" tg-height=\"458\" referrerpolicy=\"no-referrer\"></p><p>At the same time, the announcement also suggested that the company's stock may face the risk of termination of listing. If the company successfully implements the reorganization and completes the reorganization plan, it will help optimize the company's asset-liability structure and enhance the company's continuous operation and profitability. If the reorganization fails, the company will be declared bankrupt.</p><p>On Monday, June 28, * ST Zotye opened with a daily limit, with more than 480,000 orders closed, and the amount of orders closed exceeded 350 million yuan.</p><p><b>Some analysts have sorted out the dynamic timeline of * ST Zotye's intended investors. In fact, things can be traced back to December last year.</b></p><p>On December 25, 2020, * ST Zotye disclosed for the first time that Shanghai Zhiyang signed the Confidentiality Agreement and the Intention Agreement with the pre-reorganization manager, and paid the corresponding confidentiality deposit and intention deposit. On December 28, 2020, Hunan Zhibo signed a \"Confidentiality Agreement\" with the pre-reorganization manager and paid the corresponding confidentiality deposit.</p><p><img src=\"https://static.tigerbbs.com/f3948a0dfa5378ccb2f70cea501d90ce\" tg-width=\"656\" tg-height=\"276\" referrerpolicy=\"no-referrer\"></p><p><b>According to the announcement of * ST Zotye on April 7, the company currently has two intended investors</b>One is Shanghai Zhiyang Investment Co., Ltd. (hereinafter referred to as \"Shanghai Zhiyang\"), and the other is Hunan Zhibo Equity Investment Fund Management Co., Ltd. (hereinafter referred to as \"Hunan Zhibo\"). According to Qichacha, both companies are private equity fund managers with registered capital of 50 million yuan and 10 million yuan respectively, and neither of them has any relevant background in the automobile industry chain.</p><p><b>However, in May, things took another turn</b>。 On the evening of May 12, * ST Zotye, which has entered the pre-restructuring stage, announced that the company received a letter from Shanghai Zhiyang Investment Co., Ltd. transferred by the company's pre-restructuring manager on May 12, 2021: \"Based on the company's evaluation of the due diligence results of Zotye Automobile Co., Ltd. (hereinafter referred to as Zotye Automobile) and the recent changes in Zotye Automobile's stock price, which seriously deviated from its fundamentals, the company decided to suspend the investment in Zotye Automobile due to investment prudence.\"</p><p><b>Now, Zhibo Investment has chosen to terminate its investment in Zotye Automobile, and Shanghai Zhiyang, another potential investor, has also announced the suspension of investment. There is great uncertainty about whether it will finally decide to restructure Zotye Automobile</b>。</p><p>It never rains poorly. In addition to institutions terminating their investments,<b>Even * ST Zotye's \"own family\" has played a big reduction</b>。</p><p>On May 24th and May 27th, * ST Zotye issued two pre-disclosure announcements respectively about shareholders holding more than 5% of the shares reducing their shares in the company. First of all, the shareholder Great Wall (Deyang) Changfu Investment Fund Partnership, which holds 7.03% of the shares, plans to reduce the company's shares through centralized bidding or block trading, and the total ratio of the company's total share capital will not exceed 2.03%; Secondly, Wuhan Tianfeng Zhixin Investment Center (Limited Partnership), a shareholder holding 5.84% of the shares, plans to use centralized bidding or block transactions<b>\"Clearance\" reduction</b>。</p><p>Wind data shows that the company's first quarterly report shows that Great Wall Changfu and Tianfeng Zhixin are the company's first and second largest tradable shareholders respectively.</p><p>Daily Economic News believes that,<b>The two major shareholders suddenly made such a move when the stock price was at a high level. In addition to obtaining profits, the loss of confidence in the future of * ST Zotye can also be clearly felt</b>。</p><p>Next, will * ST Zotye, which is \"all four empty\" and \"jittery\", fall to the limit several times in a row, or will it continue to be hyped by funds to hit a new high?</p><p><b>03. The core value lies in the license plate, but the \"copycat Porsche\" cannot be tolerated</b></p><p>For * ST Zotye's connected board,<b>The entry of new car-making forces may be one of the catalysts</b>。</p><p>Recently, giants such as Xiaomi, Huawei, and Didi have successively launched car-making plans, and the qualification for new forces to build cars is a car-making qualification.<b>But so far, the National Development and Reform Commission has stopped issuing new energy vehicle production qualifications</b>。</p><p><b>Zotye has the production qualifications for new energy passenger vehicles and commercial vehicles</b>。 According to the data, Zotye is one of the earliest domestic car companies to enter the new energy vehicle industry. It is also the first domestic invention patent in the field of pure electric vehicles and the first enterprise to obtain the production and sales license of pure electric passenger vehicles.</p><p>Despite this,<b>But Zotye's rapid expansion by imitating luxury cars is surprising</b>。 In 2016, the company launched the Zotye SR9, which looks like a Porsche Macan, and is called the \"Porsche\". In addition, due to frequent quality problems, Zotye's sales have declined rapidly in recent years.</p><p><img src=\"https://static.tigerbbs.com/aeb2f12b758335d213c513448b74d590\" tg-width=\"503\" tg-height=\"300\" referrerpolicy=\"no-referrer\"></p><p>Such a cottage painting style, coupled with worrying quality problems, what if there is a license plate? In the end, it is still difficult to convince investors and partners.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b8ea9e4b472cd3f7c83196f81fbd8882","relate_stocks":{"000980":"众泰汽车"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188452851","content_text":"如果问今年最妖的股是哪只，那一定非*ST众泰莫属。\n今年以来，*ST众泰在100多个交易日狂拉61个涨停，成为A股涨停王，股价也从年初的1.34元飙升至目前的7.5元，足足涨了460%，股价翻了5倍！\n如果按照最高涨幅计算，*ST众泰年内的累计涨幅更是高达628%，超过6倍！\n\n期间公司多次发布股价异动公告及股票可能被实施退市风险警示的提示性公告，并历经3次停牌核查，也未能阻止股价“一骑绝尘”。\n据同花顺统计，自1月11日以来截至6月24日，*ST众泰登上交易所龙虎榜的次数高达23次，吸引了诸多游资参与炒作。\nChoice龙虎榜数据显示，截至6月24日，*ST众泰连续三个交易日内，买入金额最大的前5名营业部均为被称为“散户大本营”的东方财富证券拉萨营业部。\n\n值得注意的是，由于连续亏损，*ST众泰存在被终止上市的风险。在继2019年出现震惊汽车行业的百亿亏损后，*ST众泰2020年再度亏损108.01亿元，截至2020年末，公司净资产为-44.23亿元。根据规定，公司2020年度经审计后的净资产为负值，公司股票继续被实施“退市风险警示”处理。\n01、重组预期致*ST众泰暴涨\n纵观*ST众泰的炒作历史，则一向与“重组预期”脱不开干系。\n今年1月11日晚间，*ST众泰发布《关于公开招募投资人的进展公告》称，2020年12月25日、12月28日，预重整管理人分别与一家意向投资人签署了《保密协议》，与另一家意向投资人签署了《保密协议》和《意向协议书》。\n自此以后，*ST众泰的股价便开始“涨涨不休”。\n两家意向投资人已缴纳相应的保密保证金和意向保证金，并着手在缴纳保证金后开展具体的尽职调查工作。正所谓“炒股炒的是预期”，“有人接盘重整”的预期成为之后*ST众泰不断上涨的核心驱动力。\n对此，市场一度传言投资方可能为特斯拉、小米、蔚来和宝能的其中之一，其中宝能还一度被官方消息“实锤”。\n但后来，*ST众泰又强调称，特斯拉、小米、蔚来和宝能均不是公司预重整投资人。\n据媒体了解，山东临沂市商务局官网曾发布消息称，宝能集团旗下宝能汽车集团有限公司与临沂众泰合作项目已进入实质性洽谈阶段。\n不过，宝能汽车对多家媒体否认了上述说法，随后，临沂市商务局也撤销了该发布内容。\n02、致博投资终止投资公司，第一、二大流通股东双双“跑路”\n在狂拉61个涨停后，一则重大利空晴天霹雳一般，或许成为压垮*ST众泰连板的稻草。\n6月25日晚间，众泰汽车发布公告称，根据意向投资人致博投资与公司2020年12月签署的《保密协议书》的相关约定，致博投资决定终止投资本公司。\n\n同时，公告还提示，公司股票可能面临终止上市的风险。如果公司顺利实施重整并执行完毕重整计划，将有利于优化公司资产负债结构，提升公司的持续经营及盈利能力。若重整失败，公司将存在被宣告破产的风险。\n6月28日周一，*ST众泰开盘一字跌停，封单超过48万手，封单金额超过3.5亿元。\n有分析人士梳理了*ST众泰意向投资者的动态时间线，其实事情可以追溯到去年12月。\n在2020年12月25日，*ST众泰首次披露，上海智阳与预重整管理人签署了《保密协议》和《意向协议书》，并缴纳了相应的保密保证金和意向保证金。2020年12月28日，湖南致博与预重整管理人签署了《保密协议》，并缴纳了相应的保密保证金。\n\n根据4月7日*ST众泰的公告，目前公司意向投资人有两家，一家是上海智阳投资有限公司(下称“上海智阳”)，另一家是湖南致博股权投资基金管理有限公司(下称“湖南致博”)。企查查显示，这两家公司均为私募基金管理人，注册资本分别为5000万元和1000万元，且均无汽车产业链相关背景。\n然而时间到了5月，事情又发生了转折。5月12日晚间，已进入预重整阶段的*ST众泰发布公告称，公司于2021年5月12日收到公司预重整管理人转交的上海智阳投资有限公司向其发出的函：“基于本公司对众泰汽车股份有限公司(下称众泰汽车)尽职调查结果的评估，以及近期众泰汽车股价异动、严重偏离其基本面，出于投资谨慎性考虑，本公司决定暂缓推进对众泰汽车的投资事宜。”\n如今，致博投资选择终止推进对众泰汽车的投资事宜，而目前另一家意向投资人上海智阳亦宣布暂缓投资，是否最终决定重组众泰汽车存在很大不确定性。\n祸不单行的是，除了有机构终止投资，就连*ST众泰的“自家人”也玩起了大减持。\n5月24日和5月27日，*ST众泰分别发布了两则关于持股5%以上股东减持公司股份的预披露公告。首先，持股7.03%的股东长城（德阳）长富投资基金合伙企业计划以集中竞价方式或大宗交易方式减持公司股份合计不超过公司总股本比例 2.03%；其次，持股5.84%的股东武汉天风智信投资中心（有限合伙）计划以集中竞价方式或大宗交易方式“清仓式”减持。\nWind数据显示，公司一季报显示，长城长富和天风智信分别为公司第一、第二大流通股东。\n每日经济新闻认为，两位大股东在股价处于高位时突然来这么一招，除了获取收益之外，对*ST众泰的未来失去信心也是可以明确感觉到的。\n接下来，“四大皆空”“风声鹤唳”的*ST众泰将会连续数跌停板，还是继续被资金炒作再创新高呢？\n03、核心价值在牌照，但“山寨保时捷”不能忍\n对于*ST众泰的连板，造车新势力的入局或许是催化之一。\n近日，小米、华为、滴滴等巨头先后启动造车计划，而新势力造车的参赛资格就是一张造车资质，但截至目前发改委已停发新能源车生产资质。\n而众泰拥有新能源乘用车和商用车的生产资质。资料显示，众泰是国内最早进入新能源汽车行业的车企之一，也上国内第一个纯电动整车领域的发明专利、第一个获得了纯电动乘用车生产销售许可证的企业。\n尽管如此，但众泰采用模仿豪车的方式迅速扩张，让人大跌眼镜。2016年，公司推出了外形酷似保时捷Macan的众泰SR9，被称为“保时泰”。此外由于质量问题频发，近年来众泰汽车销量迅速下滑。\n\n这样的山寨画风，加之以令人担忧的质量问题，即使有一张牌照又如何？最终还是难以让投资方和合作方信服。","news_type":1,"symbols_score_info":{"000980":0.9}},"isVote":1,"tweetType":1,"viewCount":2282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159274965,"gmtCreate":1624972892257,"gmtModify":1703849125725,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159274965","repostId":"1139578847","repostType":4,"repost":{"id":"1139578847","kind":"news","pubTimestamp":1624961586,"share":"https://ttm.financial/m/news/1139578847?lang=en_US&edition=fundamental","pubTime":"2021-06-29 18:13","market":"us","language":"zh","title":"Blue City Brothers' \"Same Sex\" Business Experience","url":"https://stock-news.laohu8.com/highlight/detail?id=1139578847","media":"BT财经","summary":"蓝城兄弟作为亚洲LGBTQ群体的隐秘聚集地，在流量到顶后能否走通流量变现的闭环？\n\n6月中旬，号称“粉红第一股”的蓝城兄弟（Blued）公布了一季度财报，这家专注于LGBTQ垂直社交的企业交上了一份看","content":"<p><a href=\"https://laohu8.com/S/BLCT\">Blue City Brothers</a>As a secret gathering place for the LGBTQ community in Asia, can it go through the closed loop of traffic monetization after the traffic reaches its peak? In mid-June, Blued, known as the \"No. 1 stock in *\", announced its first-quarter financial report. This company focusing on LGBTQ vertical social networking handed in a looking good performance answer sheet.</p><p>The financial report shows that in terms of the number of users, the overall MAU (monthly active users) of Blue City Brothers reached 8.3 million, a year-on-year increase of 37.5%, and the number of paid members also reached a record high of 640,000, a year-on-year increase of 47.8%.</p><p>According to Blue City Brothers, its software has the largest market share in the LGBTQ social field in China and other parts of Asia (including India, South Korea, Thailand and Vietnam). In 2021, it will also make efforts in Latin America to continue to explore the international market. The number of users can continue to increase in the future.</p><p>However, from the perspective of business data, in the first quarter of 2021, Blue City Brothers achieved operating income of 271.1 million yuan, a year-on-year increase of 31%, and a loss of 52.1 million yuan. In the same period of 2020, it was a loss of 7.6 million yuan, and the loss expanded by 585% year-on-year.</p><p><b>The year-on-year growth rate of operating income looks good, but the loss has expanded instead. What happened to the Blue City brothers who increased revenue but did not increase profits?</b></p><p><b>Users reach the top, and increment depends on buying</b></p><p>Blue City Brothers, the first stock in * 's economy, still can only rely on the live broadcast business to support the sky, and the vigorously cultivated health business is still in its infancy.</p><p>Previously affected by the celebrity surrogacy incident, the \"gay\" family surrogacy business, an important part of Blue City Brothers' business closed loop, was also forced to close, and publicly announced the termination of the business in the first quarter report of 2021.</p><p>Blue City's business development does not seem to be affected by this black swan incident, and the year-on-year growth rate of business revenue is still considerable. In 2020, it will successively acquire two same-sex social platforms, LESDO and FINKA.</p><p>In the first quarter after the completion of the acquisition, BT Finance re-examined the data of Blue City Brothers and found: Fortunately, Blue City's business has finally emerged from the weak state in 2020.</p><p>The user increment data of Blue City Brothers in the first quarter looks very gratifying, but by lengthening the timeline, it is not difficult to find that the increase in data is not as optimistic as imagined.</p><p>Since the second half of 2019, the user growth of Bluetown Brothers has stagnated.<b>In the three quarters from the third quarter of 2019 to the first quarter of 2020, the number of monthly active users of Blue City Brothers continued to maintain a low growth rate, with the quarter-on-quarter growth rate not exceeding 5%.</b></p><p>Among them, the number of monthly active users in the fourth quarter of 2019 hardly increased, and the number of users in the first quarter of 2020 only increased by 2% to about 130,000. The sluggish momentum is very obvious.</p><p><img src=\"https://static.tigerbbs.com/75346e503d44c0ff1d2cf41ea5b04990\" tg-width=\"938\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p><p>Blue City Brothers may also realize that users are beginning to enter the stock crisis, and other methods must be used.</p><p>After its successful listing in July 2020, Blue City Brothers completed the acquisition of LESDO, a vertical social community for women, and Finka, a social software for men, in August and December 2020, respectively.</p><p>As a result, the growth rate of monthly active users in the fourth quarter of 2020 and the first quarter of 2021 changed from the previous weakness and increased significantly. In the fourth quarter of 2020, the number of monthly active users reached 7.6 million, an increase of 20.6% from the previous quarter. In the first quarter of 2021, the number of monthly active users reached 8.3 million people, an increase of 9.21% from the previous quarter.</p><p>Blue City Brothers did not disclose the ratio of monthly active data among Blued, Finka, and Lesdo softwares in the annual report, so we cannot know how much of the increase in users comes from the superposition of the base and how much comes from the growth of endogenous operations.</p><p>According to reports, Finka, as a vertical social app for men, has more than 3 million registered users; LESDO is a representative of women's vertical social field, reaching 8 million registrations as early as 2018. Based on Blued's own monthly active user ratio of about 1/8, these two apps will contribute about 1.5 million new monthly active users.</p><p><b>Therefore, in the past two quarters, most of the net increase of 2 million monthly active users of Blue City Brothers has come from the data merger of the acquisition of LESDO and Finka, and the increase of less than 500,000 has come from endogenous growth. The average quarter-on-quarter growth rate is still less than 5%.</b></p><p>According to statistics from Frost & Sullivan, a well-known global growth consulting firm, the proportion of LGBTQ people in the whole is about 6%. Based on this calculation, the number of potential LGBTQ people in China is as high as 84 million, but after excluding non-age people, non-mobile network users and some \"deep cabinet\" people, the number of LGBTQ people willing to use social software is not so large.</p><p>According to the data disclosed by Blued, the number of registered users of Blued alone has reached 59 million in the third quarter of 2020. Calculated based on half of the foreign population (half of the monthly active users are overseas people), the number of registered users in China is nearly 30 million. It can be said that the coverage of the population has basically been achieved and it tends to be saturated.</p><p>That is to say, in the LGBTQ social field, user traffic has reached a ceiling.<b>If Blue City Brothers wants to maintain the rapid growth of user scale, they can only choose horizontal expansion: either merge with competitors in the same industry or expand to overseas markets.</b></p><p><b>More and more like<a href=\"https://laohu8.com/S/MOMO\">Momo</a>？</b></p><p>After the successful integration with LESD and Finka, the overall MAU data of Blue City Brothers has indeed increased significantly, supporting the imagination of the future, but the business revenue has changed in the opposite way: the fourth quarter of 2020 and the first quarter of 2021 Although the revenue still increased compared with the same period last year, from a quarter-on-quarter perspective, there have been two consecutive declines. Compared with the total revenue of 297 million yuan in the third quarter of 2020, the revenue in the fourth quarter of 2020 fell by about 6.3% from the previous quarter to 279 million yuan, and the revenue in the first quarter of 2021 continued to decline to 271 million yuan.</p><p>Even from the perspective of year-on-year growth rate, the business growth rate in the fourth quarter of 2020 was only 24%, and the revenue growth rate in the first quarter of 2021 was only 30.7%, which is not only lower than the overall average growth rate of 35.8% in 2020, but also lower than The growth rate in the first quarter of 2020 was 42.7%.</p><p><b>Even if factors such as the Spring Festival will lead to seasonal fluctuations in revenue in the first quarter, considering the small base under the impact of the epidemic in the first quarter of 2020 and the new merger and acquisition of the two companies by Blue City Brothers, such revenue performance is really lower than market expectations.</b></p><p><img src=\"https://static.tigerbbs.com/6363c81e8155b159ce04b825b11f8807\" tg-width=\"943\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p><p>Similarly, socializing with strangers, one is heterosexual socializing with mainstream groups, and the other is vertical LGBTQ socializing. Momo and Blue City Brothers have a lot in common. Some people even say that Blue City Brothers are just like Momo two years ago.</p><p>In 2018, Momo acquired Tantan; In 2020, Blued acquired Finka, and Tantan and Finka are both screening and matching social software with swipe left and right mode, which has become an important business supplement to Momo and Blued.</p><p>From the perspective of revenue business composition, Momo and Blued are also very similar-the main source of revenue is the live broadcast business.</p><p>Although Momo's live broadcast business revenue only accounted for about 64% of the total revenue in 2020, in 2018, Momo's live broadcast revenue accounted for as high as 79.8%. In 2020, Blued's live broadcast business accounted for 84% of total revenue.</p><p>From the perspective of input-output ratio, the benefits of Blue City Brothers are far less than those of Momo.</p><p>In 2015, Momo's annual revenue was also about 1 billion yuan. The difference is that Momo had already started to make profits at that time, while Blued is still in a state of loss, and there is a tendency to expand losses.</p><p><img src=\"https://static.tigerbbs.com/3cb0d61d309e04fd4220418281f041d7\" tg-width=\"895\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p><p>From the perspective of input and output of expenses, the current sales investment ratio of Blue City Brothers is lower than that of Momo in 2015, and the R&D investment ratio is equivalent to that of Momo in 2015, but it has not achieved the same profit as Momo in 2015, let alone compared with the low investment and high return of Momo now.</p><p><img src=\"https://static.tigerbbs.com/307be7e9d23e2eea272836073efe91f3\" tg-width=\"895\" tg-height=\"539\" referrerpolicy=\"no-referrer\"></p><p>In short, the high amount of money invested by Blue City Brothers not only failed to help itself achieve a rapid increase in revenue, but also failed to help itself achieve a profit from negative to positive.</p><p>Burning money ineffectively is the most terrible thing.</p><p>Due to the ceiling problem of the stock market, Blue City Brothers has to continue to enter the international market. Every country and every region needs a matching software version, and it needs to be promoted and operated to cultivate carefully.</p><p>As a result, the R&D expenses and sales expenses of Blue City Brothers have always been maintained at a high level, but the return on business income and the realization effect of traffic are not good.</p><p><b>Secret New Business-\"Comrade\" Health</b></p><p>In the revenue structure of Blue City Brothers, live broadcast revenue is the absolute bulk, accounting for more than 80% of the share.</p><p><b>According to the changes in live broadcast business revenue in the past year, live broadcast business revenue, like the original number of Blued users, has encountered a ceiling bottleneck.</b></p><p>In the fourth quarter of 2020 and the first quarter of 2021, live broadcast business revenue showed a downward trend, with business revenue in the fourth quarter falling by 12% month-on-month.</p><p>The increase in users brought about by mergers and acquisitions did not have a beneficial direct impact on the live broadcast business.</p><p><img src=\"https://static.tigerbbs.com/fee5deefcc0dedb711c8362b17f048c3\" tg-width=\"820\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p><p>Due to the particularity of same-sex social interaction, its live broadcast business has repeatedly been exposed to \"edge ball\" incidents.</p><p>According to media reports, many of Blued's live broadcast rooms violate the rules for live broadcast. \"Some anchors open live broadcasts during the day with the theme of 'Men's Team Catwalk', and the 'models' on the 'T-stage' wear uniform white underwear.\"</p><p>\"In the process of interaction between anchors, there is no lack of suggestive chat content\".</p><p>Such a live broadcast scale is an absolute red line of rules on other live broadcast platforms, and it is basically impossible to pass the review. Once it faces regulatory intervention in the future, it is unknown whether Blue City Brothers' live broadcast business revenue will encounter the risk of business shrinkage.</p><p>In contrast, the membership payment business and health business are booming.</p><p><img src=\"https://static.tigerbbs.com/ee09bddab4899653070924311ac37533\" tg-width=\"817\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p><p>In the first quarter of 2021, the number of paying users increased significantly, with a quarter-on-quarter increase of 23.55% and a year-on-year increase of 47.8%, which directly affected the membership service business revenue to increase by 75.9% year-on-year to 26.4 million yuan.</p><p>This shows that with the regional monopoly position and intensive cultivation of the LGBTQ vertical field, the user stickiness of Blue City Brothers continues to increase.</p><p>On the one hand, user stickiness is the moat for Blue City Brothers to resist risks in the future development process. On the other hand, these paying users also provide a consumer base for the health product consumption business.</p><p>To realize the change of the core of the business, we cannot ignore the rapidly growing and high-hoped Hall Health product sales business of Blue City Brothers.</p><p>In the first quarter of 2021, the commodity sales revenue from Hall Health was 11.4 million yuan, a year-on-year increase of 297.7%.</p><p>Previously, Blued's e-commerce business content was mainly limited to male health products and sexual appliances, and the exploration of user needs was not in-depth.</p><p>But after 2019, Blue City Brothers launched an independent health service brand \"Hall Health\", which took HIV detection, blocking, prevention and treatment as the breakthrough point, and deeply approached the unspeakable \"health needs\" of gay men.</p><p><img src=\"https://static.tigerbbs.com/9dacdcffc26e47e705848fcf3e4a0b48\" tg-width=\"1055\" tg-height=\"515\" referrerpolicy=\"no-referrer\"></p><p>The earliest transmission of HIV began among gay men in the United States in the 1980s. Because of the special sexual behavior, gay men have always been the hardest hit area of HIV-infected people. In the United States and Europe, gay and bisexual men are the main HIV-infected groups.</p><p>According to the China Health Commission, of the 96,000 new cases identified in the first three quarters of 2016, 28% were MSM (male gay sexual contacts), compared with only 2.5% in 2006.</p><p>The threat of AIDS to gay men is far higher than that of ordinary people, so this group has a higher demand for AIDS protection, detection and blocking.</p><p>Blue City Brothers has seized this \"unspeakable\" health segment. After taking AIDS health services as the entry point, Hall Health has also expanded other \"unspeakable\" health services such as sexual dysfunction and hair loss. With the accurate docking and in-depth binding of its user groups, it has opened up a unique, niche but irreplaceable health business path.</p><p><b>Compared with the sale of health care products and sexual appliances through e-commerce, Hall Health's business has higher consumption frequency, greater consumption potential, and deeper consumption binding.</b></p><p>In less than two years since the establishment of Hall Health Business, the business has developed rapidly and is expected to become the Blue City Brothers' next live broadcast<a href=\"https://laohu8.com/S/ABCD\">newly born</a>The core business has truly opened up the closed business loop from traffic to consumption, and the story of * 's economy has finally become complete.</p><p>Although compared with traditional heterosexual social platforms such as Momo, the traffic pool of Blue City Brothers' business is naturally at a disadvantage. Therefore, Momo only needs to deeply operate in the domestic region, and it can gain much more than the Blue City brothers' hard work to develop overseas markets.</p><p><b>However, with a relatively niche field + absolute market share, Blue City Brothers has gained more sticky users, stronger market barriers and business growth with clear paths.</b></p><p>From obtaining user traffic to binding user consumption, from realizing live broadcasts to realizing health services, the business story of Blue City Brothers may be \"difficult to tell\", but it also exudes its unique brilliance of \"small but beautiful\".</p>","source":"lsy1588993976395","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>Blue City Brothers' \"Same Sex\" Business Experience</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\">\nBlue City Brothers' \"Same Sex\" Business Experience\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">BT财经</strong><span class=\"h-time small\">2021-06-29 18:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/BLCT\">Blue City Brothers</a>As a secret gathering place for the LGBTQ community in Asia, can it go through the closed loop of traffic monetization after the traffic reaches its peak? In mid-June, Blued, known as the \"No. 1 stock in *\", announced its first-quarter financial report. This company focusing on LGBTQ vertical social networking handed in a looking good performance answer sheet.</p><p>The financial report shows that in terms of the number of users, the overall MAU (monthly active users) of Blue City Brothers reached 8.3 million, a year-on-year increase of 37.5%, and the number of paid members also reached a record high of 640,000, a year-on-year increase of 47.8%.</p><p>According to Blue City Brothers, its software has the largest market share in the LGBTQ social field in China and other parts of Asia (including India, South Korea, Thailand and Vietnam). In 2021, it will also make efforts in Latin America to continue to explore the international market. The number of users can continue to increase in the future.</p><p>However, from the perspective of business data, in the first quarter of 2021, Blue City Brothers achieved operating income of 271.1 million yuan, a year-on-year increase of 31%, and a loss of 52.1 million yuan. In the same period of 2020, it was a loss of 7.6 million yuan, and the loss expanded by 585% year-on-year.</p><p><b>The year-on-year growth rate of operating income looks good, but the loss has expanded instead. What happened to the Blue City brothers who increased revenue but did not increase profits?</b></p><p><b>Users reach the top, and increment depends on buying</b></p><p>Blue City Brothers, the first stock in * 's economy, still can only rely on the live broadcast business to support the sky, and the vigorously cultivated health business is still in its infancy.</p><p>Previously affected by the celebrity surrogacy incident, the \"gay\" family surrogacy business, an important part of Blue City Brothers' business closed loop, was also forced to close, and publicly announced the termination of the business in the first quarter report of 2021.</p><p>Blue City's business development does not seem to be affected by this black swan incident, and the year-on-year growth rate of business revenue is still considerable. In 2020, it will successively acquire two same-sex social platforms, LESDO and FINKA.</p><p>In the first quarter after the completion of the acquisition, BT Finance re-examined the data of Blue City Brothers and found: Fortunately, Blue City's business has finally emerged from the weak state in 2020.</p><p>The user increment data of Blue City Brothers in the first quarter looks very gratifying, but by lengthening the timeline, it is not difficult to find that the increase in data is not as optimistic as imagined.</p><p>Since the second half of 2019, the user growth of Bluetown Brothers has stagnated.<b>In the three quarters from the third quarter of 2019 to the first quarter of 2020, the number of monthly active users of Blue City Brothers continued to maintain a low growth rate, with the quarter-on-quarter growth rate not exceeding 5%.</b></p><p>Among them, the number of monthly active users in the fourth quarter of 2019 hardly increased, and the number of users in the first quarter of 2020 only increased by 2% to about 130,000. The sluggish momentum is very obvious.</p><p><img src=\"https://static.tigerbbs.com/75346e503d44c0ff1d2cf41ea5b04990\" tg-width=\"938\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p><p>Blue City Brothers may also realize that users are beginning to enter the stock crisis, and other methods must be used.</p><p>After its successful listing in July 2020, Blue City Brothers completed the acquisition of LESDO, a vertical social community for women, and Finka, a social software for men, in August and December 2020, respectively.</p><p>As a result, the growth rate of monthly active users in the fourth quarter of 2020 and the first quarter of 2021 changed from the previous weakness and increased significantly. In the fourth quarter of 2020, the number of monthly active users reached 7.6 million, an increase of 20.6% from the previous quarter. In the first quarter of 2021, the number of monthly active users reached 8.3 million people, an increase of 9.21% from the previous quarter.</p><p>Blue City Brothers did not disclose the ratio of monthly active data among Blued, Finka, and Lesdo softwares in the annual report, so we cannot know how much of the increase in users comes from the superposition of the base and how much comes from the growth of endogenous operations.</p><p>According to reports, Finka, as a vertical social app for men, has more than 3 million registered users; LESDO is a representative of women's vertical social field, reaching 8 million registrations as early as 2018. Based on Blued's own monthly active user ratio of about 1/8, these two apps will contribute about 1.5 million new monthly active users.</p><p><b>Therefore, in the past two quarters, most of the net increase of 2 million monthly active users of Blue City Brothers has come from the data merger of the acquisition of LESDO and Finka, and the increase of less than 500,000 has come from endogenous growth. The average quarter-on-quarter growth rate is still less than 5%.</b></p><p>According to statistics from Frost & Sullivan, a well-known global growth consulting firm, the proportion of LGBTQ people in the whole is about 6%. Based on this calculation, the number of potential LGBTQ people in China is as high as 84 million, but after excluding non-age people, non-mobile network users and some \"deep cabinet\" people, the number of LGBTQ people willing to use social software is not so large.</p><p>According to the data disclosed by Blued, the number of registered users of Blued alone has reached 59 million in the third quarter of 2020. Calculated based on half of the foreign population (half of the monthly active users are overseas people), the number of registered users in China is nearly 30 million. It can be said that the coverage of the population has basically been achieved and it tends to be saturated.</p><p>That is to say, in the LGBTQ social field, user traffic has reached a ceiling.<b>If Blue City Brothers wants to maintain the rapid growth of user scale, they can only choose horizontal expansion: either merge with competitors in the same industry or expand to overseas markets.</b></p><p><b>More and more like<a href=\"https://laohu8.com/S/MOMO\">Momo</a>？</b></p><p>After the successful integration with LESD and Finka, the overall MAU data of Blue City Brothers has indeed increased significantly, supporting the imagination of the future, but the business revenue has changed in the opposite way: the fourth quarter of 2020 and the first quarter of 2021 Although the revenue still increased compared with the same period last year, from a quarter-on-quarter perspective, there have been two consecutive declines. Compared with the total revenue of 297 million yuan in the third quarter of 2020, the revenue in the fourth quarter of 2020 fell by about 6.3% from the previous quarter to 279 million yuan, and the revenue in the first quarter of 2021 continued to decline to 271 million yuan.</p><p>Even from the perspective of year-on-year growth rate, the business growth rate in the fourth quarter of 2020 was only 24%, and the revenue growth rate in the first quarter of 2021 was only 30.7%, which is not only lower than the overall average growth rate of 35.8% in 2020, but also lower than The growth rate in the first quarter of 2020 was 42.7%.</p><p><b>Even if factors such as the Spring Festival will lead to seasonal fluctuations in revenue in the first quarter, considering the small base under the impact of the epidemic in the first quarter of 2020 and the new merger and acquisition of the two companies by Blue City Brothers, such revenue performance is really lower than market expectations.</b></p><p><img src=\"https://static.tigerbbs.com/6363c81e8155b159ce04b825b11f8807\" tg-width=\"943\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p><p>Similarly, socializing with strangers, one is heterosexual socializing with mainstream groups, and the other is vertical LGBTQ socializing. Momo and Blue City Brothers have a lot in common. Some people even say that Blue City Brothers are just like Momo two years ago.</p><p>In 2018, Momo acquired Tantan; In 2020, Blued acquired Finka, and Tantan and Finka are both screening and matching social software with swipe left and right mode, which has become an important business supplement to Momo and Blued.</p><p>From the perspective of revenue business composition, Momo and Blued are also very similar-the main source of revenue is the live broadcast business.</p><p>Although Momo's live broadcast business revenue only accounted for about 64% of the total revenue in 2020, in 2018, Momo's live broadcast revenue accounted for as high as 79.8%. In 2020, Blued's live broadcast business accounted for 84% of total revenue.</p><p>From the perspective of input-output ratio, the benefits of Blue City Brothers are far less than those of Momo.</p><p>In 2015, Momo's annual revenue was also about 1 billion yuan. The difference is that Momo had already started to make profits at that time, while Blued is still in a state of loss, and there is a tendency to expand losses.</p><p><img src=\"https://static.tigerbbs.com/3cb0d61d309e04fd4220418281f041d7\" tg-width=\"895\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p><p>From the perspective of input and output of expenses, the current sales investment ratio of Blue City Brothers is lower than that of Momo in 2015, and the R&D investment ratio is equivalent to that of Momo in 2015, but it has not achieved the same profit as Momo in 2015, let alone compared with the low investment and high return of Momo now.</p><p><img src=\"https://static.tigerbbs.com/307be7e9d23e2eea272836073efe91f3\" tg-width=\"895\" tg-height=\"539\" referrerpolicy=\"no-referrer\"></p><p>In short, the high amount of money invested by Blue City Brothers not only failed to help itself achieve a rapid increase in revenue, but also failed to help itself achieve a profit from negative to positive.</p><p>Burning money ineffectively is the most terrible thing.</p><p>Due to the ceiling problem of the stock market, Blue City Brothers has to continue to enter the international market. Every country and every region needs a matching software version, and it needs to be promoted and operated to cultivate carefully.</p><p>As a result, the R&D expenses and sales expenses of Blue City Brothers have always been maintained at a high level, but the return on business income and the realization effect of traffic are not good.</p><p><b>Secret New Business-\"Comrade\" Health</b></p><p>In the revenue structure of Blue City Brothers, live broadcast revenue is the absolute bulk, accounting for more than 80% of the share.</p><p><b>According to the changes in live broadcast business revenue in the past year, live broadcast business revenue, like the original number of Blued users, has encountered a ceiling bottleneck.</b></p><p>In the fourth quarter of 2020 and the first quarter of 2021, live broadcast business revenue showed a downward trend, with business revenue in the fourth quarter falling by 12% month-on-month.</p><p>The increase in users brought about by mergers and acquisitions did not have a beneficial direct impact on the live broadcast business.</p><p><img src=\"https://static.tigerbbs.com/fee5deefcc0dedb711c8362b17f048c3\" tg-width=\"820\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p><p>Due to the particularity of same-sex social interaction, its live broadcast business has repeatedly been exposed to \"edge ball\" incidents.</p><p>According to media reports, many of Blued's live broadcast rooms violate the rules for live broadcast. \"Some anchors open live broadcasts during the day with the theme of 'Men's Team Catwalk', and the 'models' on the 'T-stage' wear uniform white underwear.\"</p><p>\"In the process of interaction between anchors, there is no lack of suggestive chat content\".</p><p>Such a live broadcast scale is an absolute red line of rules on other live broadcast platforms, and it is basically impossible to pass the review. Once it faces regulatory intervention in the future, it is unknown whether Blue City Brothers' live broadcast business revenue will encounter the risk of business shrinkage.</p><p>In contrast, the membership payment business and health business are booming.</p><p><img src=\"https://static.tigerbbs.com/ee09bddab4899653070924311ac37533\" tg-width=\"817\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p><p>In the first quarter of 2021, the number of paying users increased significantly, with a quarter-on-quarter increase of 23.55% and a year-on-year increase of 47.8%, which directly affected the membership service business revenue to increase by 75.9% year-on-year to 26.4 million yuan.</p><p>This shows that with the regional monopoly position and intensive cultivation of the LGBTQ vertical field, the user stickiness of Blue City Brothers continues to increase.</p><p>On the one hand, user stickiness is the moat for Blue City Brothers to resist risks in the future development process. On the other hand, these paying users also provide a consumer base for the health product consumption business.</p><p>To realize the change of the core of the business, we cannot ignore the rapidly growing and high-hoped Hall Health product sales business of Blue City Brothers.</p><p>In the first quarter of 2021, the commodity sales revenue from Hall Health was 11.4 million yuan, a year-on-year increase of 297.7%.</p><p>Previously, Blued's e-commerce business content was mainly limited to male health products and sexual appliances, and the exploration of user needs was not in-depth.</p><p>But after 2019, Blue City Brothers launched an independent health service brand \"Hall Health\", which took HIV detection, blocking, prevention and treatment as the breakthrough point, and deeply approached the unspeakable \"health needs\" of gay men.</p><p><img src=\"https://static.tigerbbs.com/9dacdcffc26e47e705848fcf3e4a0b48\" tg-width=\"1055\" tg-height=\"515\" referrerpolicy=\"no-referrer\"></p><p>The earliest transmission of HIV began among gay men in the United States in the 1980s. Because of the special sexual behavior, gay men have always been the hardest hit area of HIV-infected people. In the United States and Europe, gay and bisexual men are the main HIV-infected groups.</p><p>According to the China Health Commission, of the 96,000 new cases identified in the first three quarters of 2016, 28% were MSM (male gay sexual contacts), compared with only 2.5% in 2006.</p><p>The threat of AIDS to gay men is far higher than that of ordinary people, so this group has a higher demand for AIDS protection, detection and blocking.</p><p>Blue City Brothers has seized this \"unspeakable\" health segment. After taking AIDS health services as the entry point, Hall Health has also expanded other \"unspeakable\" health services such as sexual dysfunction and hair loss. With the accurate docking and in-depth binding of its user groups, it has opened up a unique, niche but irreplaceable health business path.</p><p><b>Compared with the sale of health care products and sexual appliances through e-commerce, Hall Health's business has higher consumption frequency, greater consumption potential, and deeper consumption binding.</b></p><p>In less than two years since the establishment of Hall Health Business, the business has developed rapidly and is expected to become the Blue City Brothers' next live broadcast<a href=\"https://laohu8.com/S/ABCD\">newly born</a>The core business has truly opened up the closed business loop from traffic to consumption, and the story of * 's economy has finally become complete.</p><p>Although compared with traditional heterosexual social platforms such as Momo, the traffic pool of Blue City Brothers' business is naturally at a disadvantage. Therefore, Momo only needs to deeply operate in the domestic region, and it can gain much more than the Blue City brothers' hard work to develop overseas markets.</p><p><b>However, with a relatively niche field + absolute market share, Blue City Brothers has gained more sticky users, stronger market barriers and business growth with clear paths.</b></p><p>From obtaining user traffic to binding user consumption, from realizing live broadcasts to realizing health services, the business story of Blue City Brothers may be \"difficult to tell\", but it also exudes its unique brilliance of \"small but beautiful\".</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/-hDx2-K4AmZSsgjKwzmprg\">BT财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9b04c4a552ab5210706bb7ed078cf967","relate_stocks":{"BLCT":"蓝城兄弟"},"source_url":"https://mp.weixin.qq.com/s/-hDx2-K4AmZSsgjKwzmprg","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139578847","content_text":"蓝城兄弟作为亚洲LGBTQ群体的隐秘聚集地，在流量到顶后能否走通流量变现的闭环？\n\n6月中旬，号称“粉红第一股”的蓝城兄弟（Blued）公布了一季度财报，这家专注于LGBTQ垂直社交的企业交上了一份看起来还不错的业绩答卷。\n财报显示，从用户人数来看，蓝城兄弟的整体MAU（月活用户）数量达到了830万人，同比增长37.5%，付费会员数也达到了历史新高64万人，同比增长47.8%。\n据蓝城兄弟表述，其软件在中国、亚洲其他地区（包括印度、韩国、泰国和越南）的LGBTQ社交领域均市场占有率第一，2021年还将在拉丁美洲发力，继续开拓国际市场，未来用户数量持续增加可期。\n不过从业务数据看，2021年一季度，蓝城兄弟实现营业收入2.711亿元，同比增长31%，亏损5210万元，2020年同期为亏损760万元，亏损幅度同比扩大了585%。\n营业收入同比增速看起来还不错，但亏损反而扩大了，增收不增利的蓝城兄弟遭遇了什么？\n用户到顶，增量靠买\n粉红经济第一股蓝城兄弟如今依然只能依赖直播业务撑起一片天，大力培育的健康业务还处于萌芽之中。\n此前受明星代孕事件影响，蓝城兄弟商业闭环中的重要组成部分——“同志”家庭代孕业务也被迫关闭，并且在2021年一季度报告里公开宣布业务终止。\n蓝城的业务开展似乎并没有受到这一黑天鹅事件的影响，业务收入同比增速依然可观，2020年接连收购LESDO、FINKA两大同性社交平台。\n完成收购后的第一个季度，BT财经重新审视蓝城兄弟的数据发现：还好，蓝城业务终于走出了2020年的乏力状态。\n蓝城兄弟一季度的用户增量数据看起来很喜人，但把时间轴拉长，不难发现，数据的增加并没有想象中那么乐观。\n从2019年下半年开始，蓝城兄弟的用户增长就出现停滞，从2019年三季度到2020年一季度的三个季度里，蓝城兄弟的月活用户数持续维持低速增长，环比增速均不超过5%。\n其中，2019年四季度的月活用户几乎未有增加，2020年一季度的用户数量也仅增加2%约13万人，势头萎靡十分明显。\n\n蓝城兄弟可能也意识到：用户开始步入存量危机，必须要动用其他办法了。\n2020年7月成功上市后，蓝城兄弟分别在2020年8月和12月，完成了对女性垂直社交社区LESDO和男性社交软件Finka的收购。\n于是2020年四季度和2021年一季度的月活用户增速一改此前的疲态，大幅增加，2020年四季度月活用户达到760万人，环比增加20.6%，2021年一季度月活用户达830万人，环比增加9.21%。\n蓝城兄弟并没有在年报中披露月活数据在Blued、Finka、Lesdo三个软件之间的比例是什么，因此我们无法得知用户增加有多少来自于基数的叠加、多少来自于内生运营增长。\n据报道，Finka作为男性垂直社交app，注册用户数量超过300万；而LESDO则是女性垂直社交领域的代表，早在2018年就达到了800万的注册量。按照Blued本身大约1/8的月活用户比例来计算，这两个app将贡献约150万的新增月活用户。\n因此近两个季度以来，蓝城兄弟月活用户净增加的200万中，大部分都是来自于收购LESDO、Finka的数据合并，只有不到50万的增量来自于内生增长，平均单季度环比增速依然不足5%。\n著名全球增长咨询公司Frost&Sullivan统计数据显示，LGBTQ人群在整体当中的比例约为6%。如果以此计算，中国的潜在LGBTQ人群数量高达8400万，但排除非适龄人群、非移动网络使用人群和一些“深柜”人群后，愿意使用社交软件的LGBTQ人群数量并没有这么多。\n根据Blued披露的数据，仅Blued注册用户在2020年三季度时就已经达到了5900万，按照其中一半的外国人群计算（月活用户一半为海外人群），中国的注册用户数将近3000万，可以说已经基本实现了人群的覆盖，趋于饱和。\n也就是说在LGBTQ社交领域，用户流量已经出现了天花板，蓝城兄弟想要维持用户规模的快速增长就只能选择横向的扩张：要么与同业竞争者合并、要么向海外市场扩张。\n越来越像陌陌？\n在与LESD、Finka成功整合之后，蓝城兄弟整体的MAU数据确实出现了大幅增长，支撑了未来的想象空间，但是业务收入却出现了与之相反的变化：2020年四季度和2021年一季度的营收虽然与去年同期相比仍有增长，但从环比上看却出现了两连降。相比于2020年三季度2.97亿元的总营收，2020年四季度的营收环比下滑了约6.3%、为2.79亿元，2021年一季度的营收继续下降为2.71亿元。\n即便是从同比增速来看，2020年四季度业务增速仅为24%，2021年一季度营收增速仅为30.7%，不仅低于2020年整体平均增速35.8%、更低于2020年一季度的增速42.7%。\n即便春节等因素会导致一季度收入出现季节性波动，但考虑到2020年一季度疫情影响下基数不大以及蓝城兄弟新并购整合了两家企业情况下，如此的营收表现，着实是低于市场预期的。\n\n同样做陌生人社交，一个是做主流群体的异性社交，一个是做垂直的LGBTQ社交，陌陌和蓝城兄弟有着非常多的共通之处，更有人说，蓝城兄弟就像是两年前的陌陌一样。\n2018年，陌陌收购了探探；2020年，Blued收购了Finka，而探探、Finka都是左滑右滑模式的筛选配对社交软件，成为了陌陌和Blued的重要业务补充。\n从营收业务构成来看，陌陌与Blued也十分相似——主要收入来源都是直播业务。\n尽管2020年陌陌的直播业务收入仅占据总收入的64%左右，但在2018年时，陌陌直播收入的占比也曾高达79.8%。而2020年Blued直播业务占总营收的比例为84%。\n如果从投入产出比上看，蓝城兄弟的效益远不及陌陌。\n陌陌在2015年时年营收也是10亿元左右的规模，不同的是彼时的陌陌就已经开始盈利了，Blued至今仍然处于亏损状态，而且有亏损扩大的趋势。\n\n从费用的投入产出来看，当前蓝城兄弟的销售投入比例低于2015年的陌陌，研发投入比例与2015年的陌陌相当，却并没有像陌陌在2015年时一样，实现盈利，更不用和现在的陌陌的低投入高回报相比了。\n\n简而言之，蓝城兄弟投入的高额资金不仅没有帮助自身实现营收快速增加，也没有帮助自己实现利润由负转正。\n无效烧钱最为可怕。\n由于存量市场天花板问题，蓝城兄弟不得不持续向国际市场进军，每一个国家、每一个区域都需要与之相匹配的软件版本、都需要推广运营来细心耕耘。\n这导致蓝城兄弟的研发开支和销售开支始终维持在较高的水平，但业务收入回报和流量变现效果却并不佳。\n隐秘新业务——“同志”健康\n在蓝城兄弟的收入结构中，直播收入是其中绝对的大头，占据80%以上的份额。\n根据过去一年以来的直播业务收入变化情况来看，直播业务收入与原本Blued用户数量一样，遭遇了天花板瓶颈。\n2020年四季度和2021年一季度直播业务收入都呈现下滑态势，其中四季度业务收入环比下降12%。\n并购带来的用户增量并没有给直播业务带来有益的直接影响。\n\n由于同性社交带有一定的特殊性，其直播业务屡屡被曝出“打擦边球”的事件。\n据媒体报道，Blued的不少直播间都存在违反规则进行直播的现象。“有些主播以‘男团走秀’为主题在日间开通直播，‘T台’上的‘模特们’身上穿着统一的白色内裤。”\n“主播之间的互动过程中，不乏充满暗示意味的聊天内容”。\n这样的直播尺度，在其他直播平台上是绝对的规则红线，基本无法过审。一旦未来面临监管介入后，蓝城兄弟的直播业务收入是否将遭遇业务萎缩的风险不得而知。\n与之相对的是会员付费业务和健康业务发展欣欣向荣。\n\n2021年一季度，付费用户数量大幅提升，环比增加23.55%、同比增长47.8%，直接影响会员服务业务收入同比增长 75.9%，达到2640万元。\n这说明凭借区域的垄断地位和对LGBTQ垂直领域的深耕细作，蓝城兄弟的用户粘性在持续提升。\n一方面，用户粘性是蓝城兄弟未来发展过程中抵御风险的护城河。另一方面，这些付费用户也为健康产品消费业务提供了消费人群基础。\n要实现业务核心的变更，我们不可忽视的是蓝城兄弟快速增长并被寄予厚望的荷尔健康商品销售业务。\n2021年一季度来自荷尔健康的商品销售收入为1140万元，同比增长297.7%。\n此前Blued的电商业务内容也主要局限于男性保健品与性器具，对用户需求的发掘并不深入。\n但2019年后，蓝城兄弟推出了独立健康服务品牌“荷尔健康”，以HIV的检测、阻断、预防和治疗为切入点，深入贴近了男同群体们不可言说的“健康需求”。\n\nHIV最早的传播就是从20世纪80年代的美国男同群体之间开始的。由于特殊的性行为方式，男同一直是HIV感染者的重灾区。在美国和欧洲，男性同性恋和双性恋男性是主要HIV感染群体。\n据中国卫健委透露，在2016年前三个季度识别出的96000例新发病例中，28%为MSM（男性同性恋性接触者），而这一数据在2006年仅为2.5%。\n艾滋对于男同群体的威胁远比普通人更高，因此这一群体对艾滋的防护、检测、阻断需求也更高。\n蓝城兄弟正是抓住了这一个“不可言说”的健康细分领域。把艾滋健康服务作为切入口之后，荷尔健康还拓展了性功能障碍、脱发等其他“难以启齿”的健康服务，凭借其用户群体的准确对接和深入绑定，开拓出了一条独特、小众却无可替代的健康业务之路。\n相比于通过电商售卖保健品与性器具，荷尔健康业务的消费频次更高、消费潜力更大、消费绑定也更加深入。\n荷尔健康业务成立两年不到的时间里，业务发展迅速，有望成为蓝城兄弟继直播之后的新生核心业务，真正打通了从流量到消费的商业闭环，粉红经济的故事脉络终于趋于完整。\n虽然相比于陌陌等传统异性社交平台，蓝城兄弟业务的流量池天然处于劣势。所以陌陌仅需深度经营国内区域，就能比蓝城兄弟辛苦开拓海外市场的收获多得多。\n但凭借相对小众的领域+绝对的市场占有率，蓝城兄弟得到的是更加有粘性的用户、更加坚固的市场壁垒以及路径清晰的业务增长。\n从得到用户流量到绑定用户消费，从直播变现到健康服务变现，蓝城兄弟的商业故事或许“难以启齿”，但也散发着其“小而美”的独特光辉。","news_type":1,"symbols_score_info":{"BLCT":0.9}},"isVote":1,"tweetType":1,"viewCount":2639,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159275438,"gmtCreate":1624972881224,"gmtModify":1703849125234,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159275438","repostId":"1179060783","repostType":4,"isVote":1,"tweetType":1,"viewCount":2078,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159272715,"gmtCreate":1624972845137,"gmtModify":1703849124095,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159272715","repostId":"1131894752","repostType":4,"isVote":1,"tweetType":1,"viewCount":2146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159272865,"gmtCreate":1624972815757,"gmtModify":1703849123444,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159272865","repostId":"1179060783","repostType":4,"isVote":1,"tweetType":1,"viewCount":2522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159276594,"gmtCreate":1624972798618,"gmtModify":1703849122468,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159276594","repostId":"1164662782","repostType":4,"repost":{"id":"1164662782","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":1624967212,"share":"https://ttm.financial/m/news/1164662782?lang=en_US&edition=fundamental","pubTime":"2021-06-29 19:46","market":"us","language":"zh","title":"At $23.5/ADS, Dingdong Maicai sets IPO price at bottom of guidance range","url":"https://stock-news.laohu8.com/highlight/detail?id=1164662782","media":"老虎资讯综合","summary":"叮咚买菜据悉将美股IPO价格定在指导区间的底部23.5美元/ADS。\n相关阅读\n即将上市的叮咚买菜再次更新招股书，其筹资规模大幅缩减至此前额度的四分之一。最新的招股书显示，叮咚买菜首次公开发行370万","content":"<p>Dingdong Maicai is reported to have set the IPO price of US stocks at the bottom of the guidance range at $23.5/ADS.</p><p><b>Related reading</b></p><p>Dingdong Maicai, which is about to go public, updated its prospectus again, and its fund-raising scale was greatly reduced to a quarter of the previous quota. According to the latest prospectus, Dingdong Maicai's initial public offering of 3.7 million American depositary shares (ADS) is the same as before, maintaining between US $23.5 and US $25.5. According to the upper limit of the issue price range, Dingdong Maicai's fund-raising amount is about $94 million.</p><p>A week ago, Dingdong Maicai's first updated prospectus showed that it would publicly issue 14 million American depositary shares. At that time, it could raise nearly US $360 million based on the upper limit of the issue price range. In contrast, the most recently announced fundraising scale has been reduced to a quarter of the previous quota, that is, the overall reduction has exceeded 70%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>At $23.5/ADS, Dingdong Maicai sets IPO price at bottom of guidance range</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAt $23.5/ADS, Dingdong Maicai sets IPO price at bottom of guidance range\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-29 19:46</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Dingdong Maicai is reported to have set the IPO price of US stocks at the bottom of the guidance range at $23.5/ADS.</p><p><b>Related reading</b></p><p>Dingdong Maicai, which is about to go public, updated its prospectus again, and its fund-raising scale was greatly reduced to a quarter of the previous quota. According to the latest prospectus, Dingdong Maicai's initial public offering of 3.7 million American depositary shares (ADS) is the same as before, maintaining between US $23.5 and US $25.5. According to the upper limit of the issue price range, Dingdong Maicai's fund-raising amount is about $94 million.</p><p>A week ago, Dingdong Maicai's first updated prospectus showed that it would publicly issue 14 million American depositary shares. At that time, it could raise nearly US $360 million based on the upper limit of the issue price range. In contrast, the most recently announced fundraising scale has been reduced to a quarter of the previous quota, that is, the overall reduction has exceeded 70%.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"DDL":"叮咚买菜"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164662782","content_text":"叮咚买菜据悉将美股IPO价格定在指导区间的底部23.5美元/ADS。\n相关阅读\n即将上市的叮咚买菜再次更新招股书，其筹资规模大幅缩减至此前额度的四分之一。最新的招股书显示，叮咚买菜首次公开发行370万股美国存托股票(ADS)，发行价格区间与此前相同，维持在23.5美元至25.5美元之间。按照发行价区间上限计算，叮咚买菜筹资金额大约在9400万美元左右。\n一周前，叮咚买菜首次更新的招股书显示其将公开发行1400万股美国存托股票，彼时按照发行价区间上限计算可筹资达到近3.6亿美元。对比之下，最近一次宣布的募资规模缩减至此前额度的四分之一，即总体缩减幅度超70%。","news_type":1,"symbols_score_info":{"DDL":0.9}},"isVote":1,"tweetType":1,"viewCount":2579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159276331,"gmtCreate":1624972786223,"gmtModify":1703849121653,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159276331","repostId":"2147863759","repostType":4,"repost":{"id":"2147863759","kind":"highlight","pubTimestamp":1624971302,"share":"https://ttm.financial/m/news/2147863759?lang=en_US&edition=fundamental","pubTime":"2021-06-29 20:55","market":"us","language":"zh","title":"Tesla put CATL to the \"C position\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2147863759","media":"华尔街见闻","summary":"宁德时代最近成为新能源界的C位担当，一是因为董事长曾毓群暴涨的身价，二是因为和特斯拉的一纸电池合约。\n6月28日，宁德时代发布公告称，公司已与特斯拉签订协议，将在2022年1月至2025年12月期间，","content":"<p><a href=\"https://laohu8.com/S/300750\">Ningde era</a>Recently, he has become a C-level leader in the new energy industry. First, because of the skyrocketing value of Chairman Zeng Yuqun, and second, because he and<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>A battery contract.</p><p>On June 28, CATL announced that the company had signed an agreement with Tesla to supply lithium-ion power battery products to Tesla from January 2022 to December 2025, that is, in the next four years. The specific purchase situation is determined by Tesla in the form of orders, and the final sales amount must be subject to the actual settlement of the purchase order issued by Tesla.</p><p>In the future, Tesla's Model 3, Model Y and other models will use battery packs from CATL.</p><p><img src=\"https://static.tigerbbs.com/a713164f29f737032b723520c810364e\" tg-width=\"600\" tg-height=\"427\" referrerpolicy=\"no-referrer\"></p><p>Affected by this news, on June 29, Contemporary Amperex Technology Co., Limited's stock price hit a new high. The intraday stock price once reached 519.60 yuan per share, and the total market value exceeded 1.2 trillion yuan. As of the close, Contemporary Amperex Technology Co., Limited's share price closed at 508.51 yuan per share, an increase of 2.96%. Become the first technology stock in A-shares to enter the trillion-dollar club.</p><p>It is worth mentioning that since last year, CATL's stock price has been like a rocket, with its total market value rising from 0.23 trillion yuan to 1.18 trillion yuan, an increase of more than 4 times.</p><p>June 29th,<a href=\"https://laohu8.com/S/601995\">CICC</a>According to the evaluation of this cooperation, CATL's agreement with Tesla is stronger than the previous cooperation. Considering that the company's downstream demand exceeded expectations, CATL's profit forecast was raised and the target price was raised by 9% to 600 yuan. CICC also raised CATL's 2021-2023 profit forecast by 10%, 25% and 8% to 11 billion yuan, 20 billion yuan and 26.7 billion yuan respectively.</p><p><a href=\"https://laohu8.com/S/601555\">Soochow Securities</a>Recently, a research report was released saying that it maintains CATL's buy rating with a target price of 607.5 yuan. The reasons for its rating include: the strategic cooperation agreement with car companies is bound to battery production capacity, which can solve the bottleneck of battery supply and ensure that production capacity is not limited.</p><p>In addition, CICC analyst Zeng Tao and others pointed out in the report that the agreement did not stipulate the Chinese market, which means that CATL will take the opportunity to cooperate with Tesla's global market supply to accelerate its products to go global. Boosted by global demand, CATL's long-term global market share is expected to reach more than 30%.</p><p>This is another handshake between the two leading companies. For CATL, which has already reached a high market value of trillions, the deep binding with Tesla, the largest customer, is not only related to the installed battery capacity brought by this customer, but also an important ticket to break through the overseas power battery market.</p><p><h2><b>Secondary</b><b>\"Hand in Hand\"</b></h2>It is reported that in 2018, when Musk signed the Tesla Shanghai factory landing agreement, he secretly met with Zeng Yuqun, chairman of CATL, but the two parties did not reach a substantive agreement.</p><p>At the \"2019 World Artificial Intelligence Conference\", the two met again and finalized their cooperation intention in more than 40 minutes.</p><p>In February 2020, a contract truly brought together two leading companies in new car manufacturing and power batteries. At that time, Contemporary Amperex Technology Co., Limited signed the \"Production Pricing Agreement (China)\" with Tesla, and planned to supply lithium-ion power battery products to Tesla from July 2020 to June 2022.</p><p>According to this contract, CATL supplies batteries for Tesla's Model 3 produced in Shanghai. At the beginning of 2021, after Tesla launches Model Y, the scope of cooperation between the two parties is also expected to be further expanded.</p><p>On June 25 this year, on the basis of this agreement, the two parties signed the above-mentioned cooperation framework agreement \"Production Pricing Agreement\". The agreement stipulates that CATL plans to supply lithium-ion power battery products to Tesla in the next four years. Some analysts believe that the difference between the two cooperation framework agreements lies in the removal of \"China\", which indicates that this supply agreement will cover the whole world.</p><p>The further deepening of cooperation between the two sides has actually long been predicted.</p><p>On June 3, Reuters quoted people familiar with the matter as saying that CATL plans to build a new large-scale power battery factory in Shanghai to provide half of Tesla's global batteries for electric vehicles and rooftop energy storage.</p><p>There are rumors that the annual production capacity of the Shanghai factory will reach 80GWh, while CATL's existing production capacity is 69.1 GWh and 77.5 GWh of production capacity is under construction.</p><p>In addition, the \"Oolong Incident\" that occurred recently in the Ningde era is also related to Tesla. Recently, someone who claimed to be an employee of Ningde Times broke the news that Ningde Times forced manager-level employees to buy Tesla Model 3. Some employees said that the company launched a discount to buy Tesla in order to clear the \"battery problem\" Tesla inventory.</p><p>Contemporary Amperex Technology Co., Limited stated that there were no quality problems and no mandatory purchases. \"Regarding employees' purchase of Tesla, the company encourages employees to buy electric vehicles at preferential prices in order to promote comprehensive electrification. There is no mandate, nor is it limited to Tesla, including most of the brands it supplies. It is said that this activity has lasted for three years. Year, last year was during National Day.\"</p><p><h2><b>\"Binding\" deepens</b></h2>Regardless of the oolong incident, the relationship between Tesla and CATL is being further tied.</p><p>Contemporary Amperex Technology Co., Limited's 2021 Q1 financial report shows that the company's sales to the top five customers accounted for 41.08% of the current receivables, and the company's main customers are large domestic and foreign car companies. The 2020 annual report shows that there is not much gap in sales between the company's third and fourth largest customers.</p><p><img src=\"https://static.tigerbbs.com/7b1d28e7bc0109ab77f6fbdfcfb26e8f\" tg-width=\"640\" tg-height=\"213\" referrerpolicy=\"no-referrer\"></p><p>According to Century Securities,<b>Calculated according to the installed caliber,</b><b>In 2020, Tesla was the third largest customer of CATL, and by the first quarter of 2021, Tesla became the largest customer.</b><img src=\"https://static.tigerbbs.com/71035fcd7b52b58275f0aaf4030589c9\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"></p><p>The binding between the two parties has deepened, not only because Tesla has become the largest customer. More importantly, Tesla is one of the important tickets for CATL to break through the overseas power battery market.</p><p>Previously, Jiang Li, deputy general manager and secretary of the board of directors of CATL, once said,<b>The cooperation between CATL and Tesla is not limited to China. The new contract may be the beginning of the power battery cooperation between the two parties going abroad.</b></p><p>Public data shows that CATL is already in the C position in terms of installed capacity of power batteries. In 2020, the effective catalog of new energy vehicles announced by the Ministry of Industry and Information Technology has more than 6,800 models, of which CATL has more than 3,400 models equipped with power batteries, accounting for the highest proportion among all power battery manufacturers.</p><p>CATL's advantages in global power battery competition are also further expanding.</p><p>According to the latest data from SNE Research, a Korean industry research organization, in the first quarter of 2021, global electric vehicle battery energy consumption was 47.8 GWh, a year-on-year increase of 127%. The substantial growth of CATL in the first quarter was the main driving force.</p><p>Data show that in the first quarter, CATL's battery installed capacity increased by 320.8% year-on-year to 15.1 GWh, and its market share expanded again from 25% in 2020 to 31.5%. Its largest competitors LG Chem and<a href=\"https://laohu8.com/S/PC\">Panasonic</a>Panasonic's market share dropped to 20.5% and 16.7% respectively, and Panasonic's market share dropped by nearly 10 percentage points within a year.</p><p>But the heights are too cold, and CATL still needs to face many competitors at home and abroad.</p><p>Overseas, companies such as LG Chem are eyeing up; At home,<a href=\"https://laohu8.com/S/002594\">BYD</a>Already poses a threat to the Ningde era. In March last year, BYD released a blade battery based on lithium iron phosphate material, and gradually opened it from self-use to third-party car companies.</p><p>Therefore, deepening the binding with Tesla at this time may have some benefits for CATL, both in terms of the installed capacity of power batteries and further enhancing the competitiveness of domestic and overseas markets.</p><p><h2><b>\"C-position\"</b><b>Challenge</b></h2>Although it is Tesla's battery contract that puts CATL to the C position this time, this trillion-dollar company has a very solid position in the field of new energy.</p><p>As the world's leading power battery supplier, CATL not only supplies new car representatives such as Tesla, but also cooperates with traditional car companies such as Mercedes-Benz and Honda. Three domestic new car manufacturers have also chosen CATL's power batteries.</p><p>Han<a href=\"https://laohu8.com/S/600617\">National New Energy</a>According to statistics from the analysis agency SNE, CATL has ranked first in the global power battery installed volume rankings for four consecutive years. Just in 2020, the global installed capacity of CATL's power batteries was 34GWh, with a market share of nearly a quarter.</p><p>With the popularity of the new energy sector, this behind-the-scenes giant has stepped forward since last year and gained capital attention. For example, clearance in 2020<a href=\"https://laohu8.com/S/NIO\">Nio</a>Later, Hillhouse Capital turned to CATL and subscribed for a fixed increase of 10 billion yuan.</p><p>Contemporary Amperex Technology Co., Limited, whose stock price has soared, has also attracted more investor attention. On May 21, Contemporary Amperex Technology Co., Limited also received a survey of 54 people from 33 institutional investors, including large Public Offering of Fund, foreign-funded institutions, and securities firm asset management. The topics that these institutional investors are concerned about are mainly the development of solid-state batteries, the company's three major strategic directions, and the layout of the photovoltaic field.</p><p>Contemporary Amperex Technology Co., Limited is not only recognized by the outside world, but its chairman Zeng Yuqun has also repeatedly ranked at the forefront of the Forbes rich list.</p><p>As of 11:30 a.m. on June 28, the real-time list of the Forbes Rich List showed that CATL Chairman Zeng Yuqun was worth US $44.7 billion (approximately 288.8 billion yuan), ranking 30th in the world. This is his first time in the top 30 of the list.</p><p>At the beginning of May, Zeng Yuqun successfully won the title of the richest man in Hong Kong. With a net worth of $34.5 billion, he shook the list of the richest man in Hong Kong, which has been dominated by the \"Lee family\" for more than 20 years. His personal wealth once surpassed that of Lee Shau Kee ($32.1 billion) and Li Ka-shing ($34.4 billion).</p><p>At that time, Zeng Yuqun's ranking on the global rich list rose to 42nd in the world, and now he has broken through into the top 30.</p><p>Within a year, CATL went out of the circle many times and attracted much attention in the primary and secondary markets. As the first A-share technology company with a market value of trillions, how long can CATL stand in the C position?</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>Tesla put CATL to the \"C position\"</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\">\nTesla put CATL to the \"C position\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-29 20:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/300750\">Ningde era</a>Recently, he has become a C-level leader in the new energy industry. First, because of the skyrocketing value of Chairman Zeng Yuqun, and second, because he and<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>A battery contract.</p><p>On June 28, CATL announced that the company had signed an agreement with Tesla to supply lithium-ion power battery products to Tesla from January 2022 to December 2025, that is, in the next four years. The specific purchase situation is determined by Tesla in the form of orders, and the final sales amount must be subject to the actual settlement of the purchase order issued by Tesla.</p><p>In the future, Tesla's Model 3, Model Y and other models will use battery packs from CATL.</p><p><img src=\"https://static.tigerbbs.com/a713164f29f737032b723520c810364e\" tg-width=\"600\" tg-height=\"427\" referrerpolicy=\"no-referrer\"></p><p>Affected by this news, on June 29, Contemporary Amperex Technology Co., Limited's stock price hit a new high. The intraday stock price once reached 519.60 yuan per share, and the total market value exceeded 1.2 trillion yuan. As of the close, Contemporary Amperex Technology Co., Limited's share price closed at 508.51 yuan per share, an increase of 2.96%. Become the first technology stock in A-shares to enter the trillion-dollar club.</p><p>It is worth mentioning that since last year, CATL's stock price has been like a rocket, with its total market value rising from 0.23 trillion yuan to 1.18 trillion yuan, an increase of more than 4 times.</p><p>June 29th,<a href=\"https://laohu8.com/S/601995\">CICC</a>According to the evaluation of this cooperation, CATL's agreement with Tesla is stronger than the previous cooperation. Considering that the company's downstream demand exceeded expectations, CATL's profit forecast was raised and the target price was raised by 9% to 600 yuan. CICC also raised CATL's 2021-2023 profit forecast by 10%, 25% and 8% to 11 billion yuan, 20 billion yuan and 26.7 billion yuan respectively.</p><p><a href=\"https://laohu8.com/S/601555\">Soochow Securities</a>Recently, a research report was released saying that it maintains CATL's buy rating with a target price of 607.5 yuan. The reasons for its rating include: the strategic cooperation agreement with car companies is bound to battery production capacity, which can solve the bottleneck of battery supply and ensure that production capacity is not limited.</p><p>In addition, CICC analyst Zeng Tao and others pointed out in the report that the agreement did not stipulate the Chinese market, which means that CATL will take the opportunity to cooperate with Tesla's global market supply to accelerate its products to go global. Boosted by global demand, CATL's long-term global market share is expected to reach more than 30%.</p><p>This is another handshake between the two leading companies. For CATL, which has already reached a high market value of trillions, the deep binding with Tesla, the largest customer, is not only related to the installed battery capacity brought by this customer, but also an important ticket to break through the overseas power battery market.</p><p><h2><b>Secondary</b><b>\"Hand in Hand\"</b></h2>It is reported that in 2018, when Musk signed the Tesla Shanghai factory landing agreement, he secretly met with Zeng Yuqun, chairman of CATL, but the two parties did not reach a substantive agreement.</p><p>At the \"2019 World Artificial Intelligence Conference\", the two met again and finalized their cooperation intention in more than 40 minutes.</p><p>In February 2020, a contract truly brought together two leading companies in new car manufacturing and power batteries. At that time, Contemporary Amperex Technology Co., Limited signed the \"Production Pricing Agreement (China)\" with Tesla, and planned to supply lithium-ion power battery products to Tesla from July 2020 to June 2022.</p><p>According to this contract, CATL supplies batteries for Tesla's Model 3 produced in Shanghai. At the beginning of 2021, after Tesla launches Model Y, the scope of cooperation between the two parties is also expected to be further expanded.</p><p>On June 25 this year, on the basis of this agreement, the two parties signed the above-mentioned cooperation framework agreement \"Production Pricing Agreement\". The agreement stipulates that CATL plans to supply lithium-ion power battery products to Tesla in the next four years. Some analysts believe that the difference between the two cooperation framework agreements lies in the removal of \"China\", which indicates that this supply agreement will cover the whole world.</p><p>The further deepening of cooperation between the two sides has actually long been predicted.</p><p>On June 3, Reuters quoted people familiar with the matter as saying that CATL plans to build a new large-scale power battery factory in Shanghai to provide half of Tesla's global batteries for electric vehicles and rooftop energy storage.</p><p>There are rumors that the annual production capacity of the Shanghai factory will reach 80GWh, while CATL's existing production capacity is 69.1 GWh and 77.5 GWh of production capacity is under construction.</p><p>In addition, the \"Oolong Incident\" that occurred recently in the Ningde era is also related to Tesla. Recently, someone who claimed to be an employee of Ningde Times broke the news that Ningde Times forced manager-level employees to buy Tesla Model 3. Some employees said that the company launched a discount to buy Tesla in order to clear the \"battery problem\" Tesla inventory.</p><p>Contemporary Amperex Technology Co., Limited stated that there were no quality problems and no mandatory purchases. \"Regarding employees' purchase of Tesla, the company encourages employees to buy electric vehicles at preferential prices in order to promote comprehensive electrification. There is no mandate, nor is it limited to Tesla, including most of the brands it supplies. It is said that this activity has lasted for three years. Year, last year was during National Day.\"</p><p><h2><b>\"Binding\" deepens</b></h2>Regardless of the oolong incident, the relationship between Tesla and CATL is being further tied.</p><p>Contemporary Amperex Technology Co., Limited's 2021 Q1 financial report shows that the company's sales to the top five customers accounted for 41.08% of the current receivables, and the company's main customers are large domestic and foreign car companies. The 2020 annual report shows that there is not much gap in sales between the company's third and fourth largest customers.</p><p><img src=\"https://static.tigerbbs.com/7b1d28e7bc0109ab77f6fbdfcfb26e8f\" tg-width=\"640\" tg-height=\"213\" referrerpolicy=\"no-referrer\"></p><p>According to Century Securities,<b>Calculated according to the installed caliber,</b><b>In 2020, Tesla was the third largest customer of CATL, and by the first quarter of 2021, Tesla became the largest customer.</b><img src=\"https://static.tigerbbs.com/71035fcd7b52b58275f0aaf4030589c9\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"></p><p>The binding between the two parties has deepened, not only because Tesla has become the largest customer. More importantly, Tesla is one of the important tickets for CATL to break through the overseas power battery market.</p><p>Previously, Jiang Li, deputy general manager and secretary of the board of directors of CATL, once said,<b>The cooperation between CATL and Tesla is not limited to China. The new contract may be the beginning of the power battery cooperation between the two parties going abroad.</b></p><p>Public data shows that CATL is already in the C position in terms of installed capacity of power batteries. In 2020, the effective catalog of new energy vehicles announced by the Ministry of Industry and Information Technology has more than 6,800 models, of which CATL has more than 3,400 models equipped with power batteries, accounting for the highest proportion among all power battery manufacturers.</p><p>CATL's advantages in global power battery competition are also further expanding.</p><p>According to the latest data from SNE Research, a Korean industry research organization, in the first quarter of 2021, global electric vehicle battery energy consumption was 47.8 GWh, a year-on-year increase of 127%. The substantial growth of CATL in the first quarter was the main driving force.</p><p>Data show that in the first quarter, CATL's battery installed capacity increased by 320.8% year-on-year to 15.1 GWh, and its market share expanded again from 25% in 2020 to 31.5%. Its largest competitors LG Chem and<a href=\"https://laohu8.com/S/PC\">Panasonic</a>Panasonic's market share dropped to 20.5% and 16.7% respectively, and Panasonic's market share dropped by nearly 10 percentage points within a year.</p><p>But the heights are too cold, and CATL still needs to face many competitors at home and abroad.</p><p>Overseas, companies such as LG Chem are eyeing up; At home,<a href=\"https://laohu8.com/S/002594\">BYD</a>Already poses a threat to the Ningde era. In March last year, BYD released a blade battery based on lithium iron phosphate material, and gradually opened it from self-use to third-party car companies.</p><p>Therefore, deepening the binding with Tesla at this time may have some benefits for CATL, both in terms of the installed capacity of power batteries and further enhancing the competitiveness of domestic and overseas markets.</p><p><h2><b>\"C-position\"</b><b>Challenge</b></h2>Although it is Tesla's battery contract that puts CATL to the C position this time, this trillion-dollar company has a very solid position in the field of new energy.</p><p>As the world's leading power battery supplier, CATL not only supplies new car representatives such as Tesla, but also cooperates with traditional car companies such as Mercedes-Benz and Honda. Three domestic new car manufacturers have also chosen CATL's power batteries.</p><p>Han<a href=\"https://laohu8.com/S/600617\">National New Energy</a>According to statistics from the analysis agency SNE, CATL has ranked first in the global power battery installed volume rankings for four consecutive years. Just in 2020, the global installed capacity of CATL's power batteries was 34GWh, with a market share of nearly a quarter.</p><p>With the popularity of the new energy sector, this behind-the-scenes giant has stepped forward since last year and gained capital attention. For example, clearance in 2020<a href=\"https://laohu8.com/S/NIO\">Nio</a>Later, Hillhouse Capital turned to CATL and subscribed for a fixed increase of 10 billion yuan.</p><p>Contemporary Amperex Technology Co., Limited, whose stock price has soared, has also attracted more investor attention. On May 21, Contemporary Amperex Technology Co., Limited also received a survey of 54 people from 33 institutional investors, including large Public Offering of Fund, foreign-funded institutions, and securities firm asset management. The topics that these institutional investors are concerned about are mainly the development of solid-state batteries, the company's three major strategic directions, and the layout of the photovoltaic field.</p><p>Contemporary Amperex Technology Co., Limited is not only recognized by the outside world, but its chairman Zeng Yuqun has also repeatedly ranked at the forefront of the Forbes rich list.</p><p>As of 11:30 a.m. on June 28, the real-time list of the Forbes Rich List showed that CATL Chairman Zeng Yuqun was worth US $44.7 billion (approximately 288.8 billion yuan), ranking 30th in the world. This is his first time in the top 30 of the list.</p><p>At the beginning of May, Zeng Yuqun successfully won the title of the richest man in Hong Kong. With a net worth of $34.5 billion, he shook the list of the richest man in Hong Kong, which has been dominated by the \"Lee family\" for more than 20 years. His personal wealth once surpassed that of Lee Shau Kee ($32.1 billion) and Li Ka-shing ($34.4 billion).</p><p>At that time, Zeng Yuqun's ranking on the global rich list rose to 42nd in the world, and now he has broken through into the top 30.</p><p>Within a year, CATL went out of the circle many times and attracted much attention in the primary and secondary markets. As the first A-share technology company with a market value of trillions, how long can CATL stand in the C position?</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3634141\">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/983e0432c72ee1117f6c5b8a19ed6e25","relate_stocks":{"300750":"宁德时代","TSLA":"特斯拉"},"source_url":"https://wallstreetcn.com/articles/3634141","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147863759","content_text":"宁德时代最近成为新能源界的C位担当，一是因为董事长曾毓群暴涨的身价，二是因为和特斯拉的一纸电池合约。\n6月28日，宁德时代发布公告称，公司已与特斯拉签订协议，将在2022年1月至2025年12月期间，也就是未来四年，向特斯拉供应锂离子动力电池产品。具体的采购情况特斯拉以订单方式确定，最终销售金额须以特斯拉发出的采购订单实际结算为准。\n未来，特斯拉旗下的Model 3、Model Y等车型将会使用来自宁德时代的电池组。\n\n受此消息影响，6月29日，宁德时代股价再创新高，盘中股价一度达到519.60元/股，总市值突破1.2万亿元。截至收盘，宁德时代股价报收508.51元/股，涨幅达2.96%。成为A股中第一家跨进万亿俱乐部的科技股。\n值得一提的是，自去年以来，宁德时代的股价如同坐上火箭，总市值由0.23万亿元上涨至1.18万亿元，涨幅超过4倍。\n6月29日，中金公司对此合作评价称，宁德时代此次与特斯拉的协议较之前合作力度更大，考虑到公司下游需求超预期，上调宁德时代的盈利预测，并将目标价调升9%至600元人民币。中金还上调了宁德时代2021-2023年的盈利预测10%、25%和8%，分别至110亿元、200亿元和267亿元。\n东吴证券近日发布研报称，维持宁德时代买入评级，目标价格为607.5元。其评级理由就包括：与车企的战略合作协议系绑定电池产能，能解决电池供应瓶颈，确保产能不受限。\n另外，中金分析师曾韬等在报告中指出，此次协议未约定中国市场，意味着宁德时代将以配合特斯拉全球市场供应为契机，推动产品加速走向全球。全球需求提振下，宁德时代远期全球市场份额有望达到30%以上。\n这是两家头部企业的再次握手。对于已经站上万亿市值高位的宁德时代而言，与第一大客户特斯拉的深度捆绑，不仅关乎该客户带来的电池装机量，更是一张突围海外动力电池市场的重要门票。\n二次“牵手”\n据悉，2018年，马斯克在签署特斯拉上海工厂落地协议时，曾秘密会见宁德时代董事长曾毓群，不过双方未达成实质性协议。\n在“2019世界人工智能大会”上，二人再度会面，用40多分钟敲定了合作意向。\n2020年2月，一份合约让新造车和动力电池的两家头部企业真正走到一起。彼时，宁德时代与特斯拉签订《Production Pricing Agreement (China)》，拟于2020年7月至2022年6月期间向特斯拉供应锂离子动力电池产品。\n据此合约，宁德时代为特斯拉在上海生产的Model 3供应电池。2021年初，特斯拉推出Model Y后，双方的合作范围也有望进一步扩大。\n今年6月25日，在该协议的基础上，双方又签订了上文提及的合作框架协议《Production Pricing Agreement》。协议约定宁德时代计划在未来四年向特斯拉供应锂离子动力电池产品。有分析认为，前后两份合作框架协议的区别在于去掉了“China”，预示着本次供货协议将覆盖全球。\n双方的合作进一步深入，其实早就有预示。\n6月3日，路透社援引知情人士消息称，宁德时代计划在上海新建一家大型动力电池厂，提供特斯拉在全球范围内一半用于电动汽车和屋顶储能的电池。\n有传言称，上海工厂年产能将达到80GWh，而宁德时代现有产能为69.1GWh，并有77.5GWh产能在建中。\n另外，宁德时代日前发生的“乌龙事件”也与特斯拉有关。近日，有自称是宁德时代员工的人员爆料，宁德时代强制经理级别员工购买特斯拉Model 3，有员工称公司推出购买特斯拉的优惠活动，是为了清掉“电池有问题”的特斯拉库存。\n宁德时代则表示，没有质量问题，也没有强制购买。“关于员工购买特斯拉是公司为推行全面电动化，以优惠价格鼓励员工购买电动车，没有强制，也不限于特斯拉，包括其大部分供货的品牌。称此活动已持续三年，去年是在国庆节期间。”\n“绑定”加深\n不论乌龙事件如何，特斯拉和宁德时代的关系都在进一步绑定。\n宁德时代2021年Q1财报显示，公司面向前五大客户的销售金额占当期应收比例为41.08%，公司主要客户为大型境内外车企。2020年年报显示，公司面对第三和第四大客户的销售额差距不大。\n\n而据世纪证券，按装机口径计算， 2020年特斯拉为宁德时代第三大客户，而到2021年第一季度，特斯拉一跃成为最大客户 。\n双方的绑定加深，不仅在于特斯拉跃升为最大客户。更关键的是特斯拉是宁德时代突围海外动力电池市场的重要门票之一。\n此前，宁德时代副总经理、董事会秘书蒋理曾表示，宁德时代与特斯拉的合作不局限于国内。新合约或许就是双方的动力电池合作走出国门的开始。\n公开数据表明，宁德时代在动力电池装机量上已经处于C位。2020年工信部公布的新能源车型有效目录共有6800多款车型，其中宁德时代配套动力电池的有3400多款，在全部动力电池厂商中占比最高。\n宁德时代在全球动力电池竞争中的优势也在进一步扩大。\n据韩国行业调研机构SNE Research最新数据，2021年第一季度，全球电动车电池能耗为47.8 GWh，同比增长127%，宁德时代一季度的大幅增长为主要推动力。\n数据显示，第一季度，宁德时代电池装机量同比增长320.8%至15.1 GWh，市占率从2020年全年的25%再度扩大至31.5%，而其最大竞争对手LG化学以及松下的市占率则分别下降至20.5%和16.7%，松下市占率一年内下降近10个百分点。\n但高处不胜寒，宁德时代仍然需要面对海内外不少竞争对手。\n在海外，有LG化学等企业虎视眈眈；在国内，比亚迪已经对宁德时代构成了威胁。去年3月，比亚迪发布了基于磷酸铁锂材料的刀片电池，并逐渐从自用开放给第三方车企。\n因而，此时与特斯拉加深绑定，对宁德时代而言，无论是对动力电池装机量，还是进一步提升海内外市场竞争力，或许都存在一些好处。\n“C位”挑战\n虽然本次是特斯拉的电池合约将宁德时代送上C位，但这家万亿市值的公司，在新能源领域的地位已经十分稳固。\n作为全球头部动力电池供应商，宁德时代不仅为特斯拉等新造车代表供货，还与奔驰、本田等传统车企合作。国内新造车三家企业也选择了宁德时代的动力电池。\n韩国新能源分析机构SNE统计称，宁德时代已连续四年在全球动力电池装车量排名中居于首位。就在2020年，宁德时代动力电池的全球装车量为34GWh，市场份额接近四分之一。\n随着新能源板块的火爆，这家幕后巨头从去年开始走向台前，获得资本关注。例如，在2020年清仓蔚来后，高瓴资本就转而重仓宁德时代，认购了100亿元的定增。\n股价飙升的宁德时代，也受到更多投资者的关注。5月21日，宁德时代还接待了33家机构投资者共54人的调研，其中包括大型公募基金、外资机构以及券商资管等。这些机构投资者们关心的话题，主要在固态电池发展、公司三大战略方向以及光伏领域的布局等方面。\n被外界认知的不止有宁德时代，其董事长曾毓群也屡次跻身福布斯富豪榜的前列。\n截至6月28日上午11点半，福布斯富豪榜的实时榜单显示，宁德时代董事长曾毓群身价达到447亿美元（约合2888亿元人民币），位列全球第30位。这是他首次进入榜单前30名。\n而就在5月初，曾毓群成功问鼎香港首富。他以345亿美元的身价，动摇了被“李氏家族”霸榜20余年的香港首富榜，个人财富一度超过李兆基（321亿美元）和李嘉诚（344亿美元）。\n彼时，曾毓群在全球富豪榜上的排名升至全球第42名，而今他已经突围进前30名。\n一年之内，宁德时代多次出圈，在一、二级市场备受关注。作为A股第一家万亿市值的科技公司，宁德时代在C位上又能矗立多久？","news_type":1,"symbols_score_info":{"300750":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2035,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159278430,"gmtCreate":1624972770820,"gmtModify":1703849121165,"author":{"id":"3572785300913507","authorId":"3572785300913507","name":"山风_8300","avatar":"https://static.tigerbbs.com/297d7c59c9be350172849ef10e98943c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572785300913507","idStr":"3572785300913507"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159278430","repostId":"1162626672","repostType":4,"repost":{"id":"1162626672","kind":"news","pubTimestamp":1624950782,"share":"https://ttm.financial/m/news/1162626672?lang=en_US&edition=fundamental","pubTime":"2021-06-29 15:13","market":"us","language":"zh","title":"Buffett summed up 8 valuable experiences and lessons from the epidemic","url":"https://stock-news.laohu8.com/highlight/detail?id=1162626672","media":"智通财经 ","summary":"许多人成功的方法之一是把每一次危机都当作一个机会来对待。尽管巴菲特向慈善机构捐赠了数十亿美元，但他的净资产在今年3月突破了1000亿美元大关。巴菲特不仅变得更富有，还为其他投资者带来了一些宝贵的经验教","content":"<p><b>One of the ways many people succeed is to treat every crisis as an opportunity.</b>Despite giving billions of dollars to charity, Buffett's net worth surpassed the $100 billion mark in March of this year. Not only has Buffett gotten richer, but he has brought some valuable lessons for other investors.</p><p>01New investment? Leveraging the S&P 500</p><p>At Berkshire Hathaway's annual meeting last month, Buffett talked about one of his favorite investments-one that turned out to be a winner during the pandemic.</p><p>\"I recommend the S&P 500 index fund and have recommended it to people for a long time,\" Buffett said, adding that 90% of the money he left to his wife would go into the S&P 500 after his death.</p><p>The S&P 500 Index Fund is a mutual fund or ETF that mimics the familiar stock index that tracks the 500 largest companies in the United States. Despite the outbreak, the S&P 500 soared 16% in 2020 and hit a new high in 2021.</p><p>\"I like Berkshire, but I think someone who knows nothing about stocks and doesn't have any special feelings about Berkshire, they should buy the S&P 500,\" Buffett said at a shareholder meeting in Los Angeles.</p><p>02 Be practical-even when the market loses its mind</p><p>Buffett recommends investors a long-term and practical approach, rather than \"making 30 or 40 trades a day.\"</p><p>During the conference, Buffett presented two slides showing the 20 largest companies in the world by market capitalization today and in 1989. None of the companies that made the list in '89 are from the 2021 edition. The lesson is this: things are fickle, and picking winners isn't easy.</p><p>\"If you only hold diversified stocks, like U.S. stocks, that would be my preference, but for more than 30 years,\" he said.</p><p>03 Don't expect pensions</p><p>One of the more alarming trends Buffett delved into at the Berkshire Hathaway conference, the increasingly precarious status of many state pension funds, is an issue he says he has been following since 2013.</p><p>\"Pensions are terrible in a lot of states,\" Buffett said. \"It's not getting better. Obviously, it's not getting better at all.\"</p><p>The pandemic has killed states' finances and has only exacerbated the current pension problem that has no long-term solution. Before the pandemic began, the state pension scheme was already short of $1 trillion to meet future obligations to retirees, according to Pew Charitable Trusts.</p><p>04Investors should be wary of certain investments</p><p>Buffett dumped airline stocks because of COVID-19.</p><p>The pandemic crisis has devastated the entire aviation industry, yet airlines have survived with the help of the government. But without that support, you're looking at a whole new air crash. The industry still has many months to go before it wants to return to normal business (and normal profit margins).</p><p>\"I still don't want to buy airlines,\" Buffett told his Berkshire shareholders.</p><p>Delta Air Lines (DAL), one of the airlines Berkshire dumped from its portfolio, saw its shares fall by more than half between March 1 and May 15 last year. Since then, the stock and other major U.S. airlines have recovered, but Buffett doesn't have much confidence in the airline industry's economic fundamentals.</p><p>05 Stick to your long-term plan</p><p>Stick to your financial goals, Buffett said. Buffett remains confident that the U.S. economy will rebound from the COVID-19 crisis, but he told shareholders that the future is far from certain.</p><p>\"You can bet on the U.S., but you have to be careful how you bet,\" he said. He later reiterated that the world can change in \"very, very dramatic ways.\"</p><p>Buffett has never wavered in his belief that holding stocks for a long time is the right investment strategy for a stable financial future. At the Berkshire conference, he was even reminded that he once said it was \"too short\" to hold a stock forever.</p><p>06 Make the Most of Low Interest Rates</p><p>With interest rates falling, Buffett says now is a good time to borrow money.</p><p>With the Fed's commitment to keep key interest rates near zero, Buffett sees an excellent opportunity for borrowers in 2021.</p><p>\"These are fascinating times,\" Buffett told investors, adding that the low-rate environment is \"very pleasant.\"</p><p>\"The economy fell off a cliff in March 2020,\" Buffett said. \"It's been revived in a very effective way through the actions of the Fed.\"</p><p>07 Avoid Credit Card Debt</p><p>If you have credit card debt, get rid of it, Buffett said.</p><p>The pandemic has led to business closures and layoffs, forcing millions of Americans to rely on credit cards for basic financial needs. It's a great survival strategy, but the resulting balance and high interest rates can create long-term financial stress.</p><p>At Berkshire's online shareholder meeting in 2020, he recalled the advice he gave to a friend who had a windfall and was thinking about the smartest way to spend. She told Buffett that she also has credit card debt-18% interest.</p><p>Buffett remembers saying to her, \"If I had 18% debt, the first thing I would do with the money I had on hand would be to pay it off.\" \"You can't borrow money at that rate all your life and get better off.\"</p><p>08 Always Prepare for the Worst</p><p>Buffett said that a \"catastrophe\" is coming. Calling Buffett an \"oracle\" is not for nothing. In 2019, he warned of a \"mega-catastrophe\" for the world that would dwarf the chaos caused by Hurricanes Katrina and Michael.</p><p>When the pandemic first hit the United States, Buffett said in an interview, \"I always felt that a pandemic would happen sooner or later.\"</p><p>You'd think someone who has invested so much in the insurance industry would have the foresight-Berkshire owns Geico and several other insurers-that preparing for the worst is a central part of the business model.</p><p>\"We've seen some strange things happen in the world over the last 15 months,\" he told his investors this year. \"And we're always aware of stranger things going to happen in the future.\"</p>","source":"stock_zhitongcaijing","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>Buffett summed up 8 valuable experiences and lessons from the epidemic</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\">\nBuffett summed up 8 valuable experiences and lessons from the epidemic\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经 </strong><span class=\"h-time small\">2021-06-29 15:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>One of the ways many people succeed is to treat every crisis as an opportunity.</b>Despite giving billions of dollars to charity, Buffett's net worth surpassed the $100 billion mark in March of this year. Not only has Buffett gotten richer, but he has brought some valuable lessons for other investors.</p><p>01New investment? Leveraging the S&P 500</p><p>At Berkshire Hathaway's annual meeting last month, Buffett talked about one of his favorite investments-one that turned out to be a winner during the pandemic.</p><p>\"I recommend the S&P 500 index fund and have recommended it to people for a long time,\" Buffett said, adding that 90% of the money he left to his wife would go into the S&P 500 after his death.</p><p>The S&P 500 Index Fund is a mutual fund or ETF that mimics the familiar stock index that tracks the 500 largest companies in the United States. Despite the outbreak, the S&P 500 soared 16% in 2020 and hit a new high in 2021.</p><p>\"I like Berkshire, but I think someone who knows nothing about stocks and doesn't have any special feelings about Berkshire, they should buy the S&P 500,\" Buffett said at a shareholder meeting in Los Angeles.</p><p>02 Be practical-even when the market loses its mind</p><p>Buffett recommends investors a long-term and practical approach, rather than \"making 30 or 40 trades a day.\"</p><p>During the conference, Buffett presented two slides showing the 20 largest companies in the world by market capitalization today and in 1989. None of the companies that made the list in '89 are from the 2021 edition. The lesson is this: things are fickle, and picking winners isn't easy.</p><p>\"If you only hold diversified stocks, like U.S. stocks, that would be my preference, but for more than 30 years,\" he said.</p><p>03 Don't expect pensions</p><p>One of the more alarming trends Buffett delved into at the Berkshire Hathaway conference, the increasingly precarious status of many state pension funds, is an issue he says he has been following since 2013.</p><p>\"Pensions are terrible in a lot of states,\" Buffett said. \"It's not getting better. Obviously, it's not getting better at all.\"</p><p>The pandemic has killed states' finances and has only exacerbated the current pension problem that has no long-term solution. Before the pandemic began, the state pension scheme was already short of $1 trillion to meet future obligations to retirees, according to Pew Charitable Trusts.</p><p>04Investors should be wary of certain investments</p><p>Buffett dumped airline stocks because of COVID-19.</p><p>The pandemic crisis has devastated the entire aviation industry, yet airlines have survived with the help of the government. But without that support, you're looking at a whole new air crash. The industry still has many months to go before it wants to return to normal business (and normal profit margins).</p><p>\"I still don't want to buy airlines,\" Buffett told his Berkshire shareholders.</p><p>Delta Air Lines (DAL), one of the airlines Berkshire dumped from its portfolio, saw its shares fall by more than half between March 1 and May 15 last year. Since then, the stock and other major U.S. airlines have recovered, but Buffett doesn't have much confidence in the airline industry's economic fundamentals.</p><p>05 Stick to your long-term plan</p><p>Stick to your financial goals, Buffett said. Buffett remains confident that the U.S. economy will rebound from the COVID-19 crisis, but he told shareholders that the future is far from certain.</p><p>\"You can bet on the U.S., but you have to be careful how you bet,\" he said. He later reiterated that the world can change in \"very, very dramatic ways.\"</p><p>Buffett has never wavered in his belief that holding stocks for a long time is the right investment strategy for a stable financial future. At the Berkshire conference, he was even reminded that he once said it was \"too short\" to hold a stock forever.</p><p>06 Make the Most of Low Interest Rates</p><p>With interest rates falling, Buffett says now is a good time to borrow money.</p><p>With the Fed's commitment to keep key interest rates near zero, Buffett sees an excellent opportunity for borrowers in 2021.</p><p>\"These are fascinating times,\" Buffett told investors, adding that the low-rate environment is \"very pleasant.\"</p><p>\"The economy fell off a cliff in March 2020,\" Buffett said. \"It's been revived in a very effective way through the actions of the Fed.\"</p><p>07 Avoid Credit Card Debt</p><p>If you have credit card debt, get rid of it, Buffett said.</p><p>The pandemic has led to business closures and layoffs, forcing millions of Americans to rely on credit cards for basic financial needs. It's a great survival strategy, but the resulting balance and high interest rates can create long-term financial stress.</p><p>At Berkshire's online shareholder meeting in 2020, he recalled the advice he gave to a friend who had a windfall and was thinking about the smartest way to spend. She told Buffett that she also has credit card debt-18% interest.</p><p>Buffett remembers saying to her, \"If I had 18% debt, the first thing I would do with the money I had on hand would be to pay it off.\" \"You can't borrow money at that rate all your life and get better off.\"</p><p>08 Always Prepare for the Worst</p><p>Buffett said that a \"catastrophe\" is coming. Calling Buffett an \"oracle\" is not for nothing. In 2019, he warned of a \"mega-catastrophe\" for the world that would dwarf the chaos caused by Hurricanes Katrina and Michael.</p><p>When the pandemic first hit the United States, Buffett said in an interview, \"I always felt that a pandemic would happen sooner or later.\"</p><p>You'd think someone who has invested so much in the insurance industry would have the foresight-Berkshire owns Geico and several other insurers-that preparing for the worst is a central part of the business model.</p><p>\"We've seen some strange things happen in the world over the last 15 months,\" he told his investors this year. \"And we're always aware of stranger things going to happen in the future.\"</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.zhitongcaijing.com/content/detail/503261.html\">智通财经 </a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9beffeecb928009bf6287e307899ffe3","relate_stocks":{"BRK.A":"伯克希尔"},"source_url":"https://www.zhitongcaijing.com/content/detail/503261.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162626672","content_text":"许多人成功的方法之一是把每一次危机都当作一个机会来对待。尽管巴菲特向慈善机构捐赠了数十亿美元，但他的净资产在今年3月突破了1000亿美元大关。巴菲特不仅变得更富有，还为其他投资者带来了一些宝贵的经验教训。\n01 新投资吗?利用标普500\n在上个月伯克希尔哈撒韦公司的年会上，巴菲特谈到了他最喜欢的一项投资——该投资在疫情期间成为赢家。\n巴菲特说:“我推荐标普500指数基金，并且长期以来一直向人们推荐。”他还说，在他去世后，他留给妻子的90%的钱将进入标普500基金。\n标普500指数基金是模仿人们熟悉的跟踪美国500家最大公司的股票指数的共同基金或ETF。尽管疫情爆发，标普500指数在2020年飙升16%，并在2021年创下新高。\n巴菲特在洛杉矶的股东大会上表示:“我喜欢伯克希尔，但我认为一个对股票一无所知，对伯克希尔没有任何特殊感觉的人，他们应该购买标普500指数。”\n02 要实际——即使在市场失去理智的时候\n巴菲特建议投资者长期且实际的方法，而不是“每天进行30或40笔交易。”\n在会议期间，巴菲特展示了两张幻灯片，展示了当今和1989年全球市值最大的20家公司。89年上榜的公司没有一家是2021年版的。教训是:世事无常，挑选赢家并不容易。\n\"如果你只持有多元化的股票，比如美国股票，那将是我的偏好，但要持有超过30年，\"他说。\n03 不要指望养老金\n巴菲特在伯克希尔哈撒韦公司的会议上深入研究的一个更令人担忧的趋势，许多州养老基金的地位越来越不稳定，他说他从2013年就开始关注这个问题。\n巴菲特说:“很多州的养老金状况都很糟糕。”“情况并没有好转。显然，情况一点也没有好转。”\n疫情已经扼杀了各州的财政，只会加剧目前没有长期解决方案的养老金问题。Pew Charitable Trusts的数据显示，在大流行开始之前，国家养老金计划已经缺乏1万亿美元的资金来满足未来对退休人员的义务。\n04 投资者应该对某些投资保持警惕\n巴菲特因为COVID-19的原因抛售了航空股。\n疫情危机摧毁了整个航空行业，然而航空公司在政府的帮助下幸存下来。但如果没有这种支持，你会看到一场全新的空难。要想恢复正常的业务(以及正常的利润率)，该行业还有好几个月的时间。\n“我还是不想买航空公司，”巴菲特告诉他的伯克希尔股东。\n达美航空(DAL)是伯克希尔从其投资组合中抛售的航空公司之一，该公司股价在去年3月1日至5月15日期间下跌了一半以上。此后，该股和美国其他主要航空公司的股价都有所回升，但巴菲特对航空业的经济基本面没有多大信心。\n05 坚持你的长期计划\n巴菲特说，要坚持你的财务目标。巴菲特仍然相信，美国经济将从COVID - 19危机中反弹，但他告诉股东，未来远非确定。\n“你可以押注美国，但你必须小心如何押注，”他说。他后来重申，世界可以以“非常、非常戏剧性的方式”发生变化。\n巴菲特从来没有动摇过他的信念，长期持有股票是一个稳定的财务未来的正确投资策略。在伯克希尔的会议上，他甚至被提醒说，他曾经说过永远持有一只股票“太短了”。\n06 充分利用低利率\n随着利率的下降，巴菲特说现在是借钱的好时机。\n由于美联储承诺将关键利率维持在接近零的水平，巴菲特认为2021年借款人将有极好的机会。\n“这是一个迷人的时代，”巴菲特告诉投资者，并补充说低利率环境“非常令人愉快”。\n“经济在2020年3月跌落悬崖，”巴菲特说。“通过美联储的行动，它以一种非常有效的方式复活了。”\n07 避免信用卡债务\n巴菲特说，如果你有信用卡债务，那就摆脱它。\n疫情导致企业关闭和裁员，迫使数百万美国人依靠信用卡来满足基本的金融需求。这是一个很好的生存策略，但由此产生的平衡和高利率会造成长期的财务压力。\n在伯克希尔2020年的在线股东大会上，他回忆了自己给一位获得意外之财的朋友的建议，这位朋友当时正在考虑最明智的消费方式。她告诉巴菲特，她还有信用卡债务——利息为18%。\n巴菲特记得对她说:“如果我有18%的债务，我会用手头的钱做的第一件事就是还清。”“你不可能一辈子都以这样的利率借钱，然后过得更好。”\n08 总是做最坏打算\n巴菲特说，一场“大灾难”即将来临。称巴菲特为“神谕”不是没有原因的。2019年，他警告说，世界将迎来一场“特大灾难”，这将使卡特里娜飓风和迈克尔飓风造成的混乱相形见绌。\n当疫情首次袭击美国时，巴菲特在一次采访中说，“我一直觉得一场大流行迟早会发生。”\n你可能会认为，在保险业投入如此之多的人会有这样的远见——伯克希尔哈撒韦拥有Geico和其他几家保险公司——为最坏的情况做准备是商业模式的核心部分。\n“过去15个月里，我们看到世界上发生了一些奇怪的事情，”他今年告诉他的投资者。“而且我们总是意识到未来会发生更奇怪的事情。”","news_type":1,"symbols_score_info":{"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":2361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}