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Chiazhe
Chiazhe
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2021-06-24
666
CBIRC official: The global economy is in a sensitive period, and it is difficult to return to normal in the short term
这次疫情至少是自第二次世界大战以来对全球经济、人类社会最大的一次冲击。
CBIRC official: The global economy is in a sensitive period, and it is difficult to return to normal in the short term
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Chiazhe
Chiazhe
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2021-06-24
666
XPeng Automobile Hong Kong Stock Issue Price Up to 180 Hong Kong Dollars per Share, Nio Sends Blessings
小鹏这次在香港上市属于双重上市，受美国SEC和香港SFC双方的监管。
XPeng Automobile Hong Kong Stock Issue Price Up to 180 Hong Kong Dollars per Share, Nio Sends Blessings
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Chiazhe
Chiazhe
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2021-06-24
666
The Big Reveal: Windows 11 is hitting tonight! What updates can we see
被微软CEO纳德拉称之为Windows十年来“最重要的更新”即将到来。
The Big Reveal: Windows 11 is hitting tonight! What updates can we see
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Chiazhe
Chiazhe
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2021-06-24
666
Opening: Nasdaq, S&P hit new highs! Tech stocks continue strength
6月24日（周四），纳斯达克综合指数开盘上涨91.1点，涨幅0.64%，报14362.8点；标普500指数开盘上涨22.36点，涨幅0.53%，报4264.20点；道琼斯指数开盘上涨182.35点，涨
Opening: Nasdaq, S&P hit new highs! Tech stocks continue strength
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2021-06-24
666
Zhonggui Education Stocks Collectively Rebound, Gaotu Rises Over 7%
周四美股盘中，中概教育股集体走高，截至发稿，$高途(GOTU)$涨7.3%，$掌门教育(ZME)$涨4.23%，$好未来(TAL)$涨4.14%，$新东方(EDU)$涨3.82%。
Zhonggui Education Stocks Collectively Rebound, Gaotu Rises Over 7%
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2021-06-24
666
Tesla Gains More Than 5%, Model 3, Model Y May Sell Out in the U.S.
特斯拉的第三季度数据可能会相当令人印象深刻。
Tesla Gains More Than 5%, Model 3, Model Y May Sell Out in the U.S.
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Chiazhe
Chiazhe
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2021-06-21
666
To miss SaaS is to miss this era
01 人生最重要的决定 6年前，我作出了人生最重要的一个决定：转行！ 那时我还在如日中天的Oracle公司，虽然传统软件仍然是各大企业的首选，但在资本的助推下，中国SaaS开始崭露头角。 2013到
To miss SaaS is to miss this era
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Chiazhe
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2021-06-21
666
Evergrande transfers controlling stake in Jiakai City, and Xu Jiayin's old friend takes over
到手不到五年，许家印把嘉凯城的控制权转给了自己的老朋友。 6月21日午间嘉凯城公告称，收到控股股东广东广州市凯隆置业有限公司（以下简称“广州凯隆”）通知，公司29.9%的股份将转让给深圳市华建控股有限
Evergrande transfers controlling stake in Jiakai City, and Xu Jiayin's old friend takes over
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Chiazhe
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2021-06-21
666
Cryptocurrency "dives", many banks stated that they would not carry out related business
北京时间周一午后，比特币短线下挫1500美元，现报33260.87美元/枚；加密货币以太坊跌破2000美元/枚，日内跌超10%。 农业银行发布声明：我行坚决不开展、不参与任何与虚拟货币相关的业务活动
Cryptocurrency "dives", many banks stated that they would not carry out related business
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Chiazhe
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2021-06-21
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Baidu builds cars, Geely "works"
在互联网造车浪潮中，百度与吉利合资成立的“集度汽车”可谓备受关注。近日，传出相关消息，百度在北京独资成立“集度科技”，另一边吉利汽车研究院有限公司也公开了一项自动驾驶技术领域专利。 在集度汽车尚未量产
Baidu builds cars, Geely "works"
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Yu Xuejun, leader of China Banking and Insurance Regulatory Commission, attended and delivered a speech.</p><p>Yu Xuejun said that the global economy is in a sensitive period of evolution and change, and it is difficult to return to normal in the short term.</p><p>He explained that, first of all, the complexity and sensitivity faced by the global economy this year were formed by the outbreak and spread of the COVID-19 epidemic around the world last year. \"This impact is too great\". He cited the UN report as saying it was \"the worst contraction of the global economy since the Great Depression of the 1930s, and the contraction was 2.5 times that of the 2009 international financial crisis\". He added,</p><p>\"As far as we can remember, this epidemic is at least the biggest shock to the global economy and human society since World War II.\" Last year, the global economy declined by 4.4% overall. Because of China's good epidemic control, epidemic prevention and economic work, the resumption of work and production was effective and effective, and it became the only country among the top ten economies in the world to achieve positive growth, with an annual economic growth of 2.3%. Yu Xuejun said,</p><p>\"This (growth) of 2.3% is very famous now. When we watch TV and newspapers, including some foreign scholars, they often mention 2.3%.\" Secondly, due to the rare impact of the COVID-19 pandemic on the global economy, governments of various countries have generally implemented ultra-loose stimulating economic policies. Historically, these policies are unprecedented and have played an important role in stabilizing the economy and maintaining social order in various countries. However, at the same time, these ultra-loose policies have also brought many problems.</p><p>Third, the changes and impacts of global geopolitics.</p><p>Yu Xuejun said that the key link to control the epidemic lies in the research and development and vaccination of vaccines. All countries hope to do it in one battle. Now it seems that the progress is fast, far exceeding people's previous expectations. How it changes in the future depends on two factors. One is that the effectiveness of the vaccine, including the expiration date, remains to be tested by time.</p><p>The second is the speed and complexity of the COVID-19 virus mutation. \"In the past, we used to say a phrase in banking supervision, which was called 'supervision is a race against risk'. Today, we borrow this phrase. We think that fighting the COVID-19 epidemic is actually a race against the mutation of the COVID-19 virus.\" He said that on the whole, the situation of human fighting the COVID-19 epidemic has become bright. Now it generally seems to be dominated by optimism, and I believe that the negative impact on the economy will gradually weaken.</p><p>Talking about where the ultra-loose stimulus policy goes from here, Yu Xuejun analyzed the situation in the United States.</p><p>After COVID-19 spread widely in the United States during the Trump administration last year, the Federal Reserve cut the Federal Reserve rate from 1.5%-1.75% to 0% to 0.25% in one go in mid-March, the so-called \"zero rate\". At the end of the year, the Federal Reserve increased its QE policy, increasing its bond purchase scale to 120 billion USD every month from December.</p><p>After President Biden took office, he has further increased fiscal stimulus policies, the most representative of which is the $1.9 trillion COVID-19 bailout bill passed in April this year. In addition, he also put forward a revival plan for infrastructure investment. It was initially drawn up at a scale of 2.25 trillion dollars, which has recently been compressed to an estimated $1 trillion.</p><p>Since last year, the Fed's ultra-loose monetary policy has significantly increased its balance sheet, which has soared from about $4 trillion at the beginning to $7.5 trillion at the end of the year, and the latest reached about $8 trillion. This has inflated the global dollar liquidity and caused the price of commodities to rise sharply, including the rare increase in food prices, resulting in global concerns about inflation.</p><p>Yu Xuejun believes that with the improvement of the anti-epidemic situation in the United States, the U.S. economy has rebounded strongly under the accumulated effect of ultra-loose monetary stimulus policies. According to the latest OECD medium-term economic outlook forecast, the U.S. economy will grow by 6.9% this year, 0.4 percentage points higher than the previous forecast.</p><p>In response to these new changes, the Federal Reserve has begun to release hawkish signals at the latest interest rate meeting in June, and the market expects the rate hike of the Federal Reserve to be advanced by one year to the second half of 2022. In addition, inflation expectations have also been sharply raised. It is expected that the PCE and personal consumption expenditure price index of the United States will rise to 3.4% in 2021, an increase of 1 percentage point from the forecast in March. Yu Xuejun said,</p><p>\"We are in such a window period when macro-control policies may be adjusted and changed at any time, so the market performance is extremely sensitive. A message or a wording of the Federal Reserve may cause huge fluctuations in the market. Now, grain, iron ore, oil, gold and exchange rates rise and fall almost every day, with different changes and no consistent direction. They are in such a sensitive period.\" Why is it difficult to return to short-term normality? He gives two reasons:</p><p>First, the impact of the COVID-19 epidemic is too great, and the epidemic control is still unpredictable. In addition, it will take time to assess the significant impact of the pandemic on human society after it is controlled, especially the impact on economic activities.</p><p>Second, the ultra-loose stimulus policies of various countries have had a significant impact. The withdrawal of these policies takes a long process, and it is difficult to recover. In particular, the base money put out by the Federal Reserve is difficult to recover in the short term, and it may become a period of history and be preserved forever.</p><p>\"After the financial crisis in the United States in 2008, the Federal Reserve implemented the monetary policy of quantitative easing. Before this, the balance sheet of the Federal Reserve was less than 900 billion dollars, which later increased to a maximum of 4.5 trillion dollars, and now it has increased to 8 trillion dollars. Calculated in this way,<b>The final Fed balance sheet is expected to be more than 10 times higher than it was before the 2008 financial crisis</b>These large amounts of US dollar liquidity are invested all over the world, which has a huge impact on the global economic and financial markets, especially the next impact on inflation. I think it is difficult to eliminate and accurately assess in the short term. \"</p>","source":"XLCJ","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>CBIRC official: The global economy is in a sensitive period, and it is difficult to return to normal in the short term</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\">\nCBIRC official: The global economy is in a sensitive period, and it is difficult to return to normal in the short term\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-06-24 19:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The 2021 Caixin Summer Summit was held in Beijing on June 23-25, 2021. Yu Xuejun, leader of China Banking and Insurance Regulatory Commission, attended and delivered a speech.</p><p>Yu Xuejun said that the global economy is in a sensitive period of evolution and change, and it is difficult to return to normal in the short term.</p><p>He explained that, first of all, the complexity and sensitivity faced by the global economy this year were formed by the outbreak and spread of the COVID-19 epidemic around the world last year. \"This impact is too great\". He cited the UN report as saying it was \"the worst contraction of the global economy since the Great Depression of the 1930s, and the contraction was 2.5 times that of the 2009 international financial crisis\". He added,</p><p>\"As far as we can remember, this epidemic is at least the biggest shock to the global economy and human society since World War II.\" Last year, the global economy declined by 4.4% overall. Because of China's good epidemic control, epidemic prevention and economic work, the resumption of work and production was effective and effective, and it became the only country among the top ten economies in the world to achieve positive growth, with an annual economic growth of 2.3%. Yu Xuejun said,</p><p>\"This (growth) of 2.3% is very famous now. When we watch TV and newspapers, including some foreign scholars, they often mention 2.3%.\" Secondly, due to the rare impact of the COVID-19 pandemic on the global economy, governments of various countries have generally implemented ultra-loose stimulating economic policies. Historically, these policies are unprecedented and have played an important role in stabilizing the economy and maintaining social order in various countries. However, at the same time, these ultra-loose policies have also brought many problems.</p><p>Third, the changes and impacts of global geopolitics.</p><p>Yu Xuejun said that the key link to control the epidemic lies in the research and development and vaccination of vaccines. All countries hope to do it in one battle. Now it seems that the progress is fast, far exceeding people's previous expectations. How it changes in the future depends on two factors. One is that the effectiveness of the vaccine, including the expiration date, remains to be tested by time.</p><p>The second is the speed and complexity of the COVID-19 virus mutation. \"In the past, we used to say a phrase in banking supervision, which was called 'supervision is a race against risk'. Today, we borrow this phrase. We think that fighting the COVID-19 epidemic is actually a race against the mutation of the COVID-19 virus.\" He said that on the whole, the situation of human fighting the COVID-19 epidemic has become bright. Now it generally seems to be dominated by optimism, and I believe that the negative impact on the economy will gradually weaken.</p><p>Talking about where the ultra-loose stimulus policy goes from here, Yu Xuejun analyzed the situation in the United States.</p><p>After COVID-19 spread widely in the United States during the Trump administration last year, the Federal Reserve cut the Federal Reserve rate from 1.5%-1.75% to 0% to 0.25% in one go in mid-March, the so-called \"zero rate\". At the end of the year, the Federal Reserve increased its QE policy, increasing its bond purchase scale to 120 billion USD every month from December.</p><p>After President Biden took office, he has further increased fiscal stimulus policies, the most representative of which is the $1.9 trillion COVID-19 bailout bill passed in April this year. In addition, he also put forward a revival plan for infrastructure investment. It was initially drawn up at a scale of 2.25 trillion dollars, which has recently been compressed to an estimated $1 trillion.</p><p>Since last year, the Fed's ultra-loose monetary policy has significantly increased its balance sheet, which has soared from about $4 trillion at the beginning to $7.5 trillion at the end of the year, and the latest reached about $8 trillion. This has inflated the global dollar liquidity and caused the price of commodities to rise sharply, including the rare increase in food prices, resulting in global concerns about inflation.</p><p>Yu Xuejun believes that with the improvement of the anti-epidemic situation in the United States, the U.S. economy has rebounded strongly under the accumulated effect of ultra-loose monetary stimulus policies. According to the latest OECD medium-term economic outlook forecast, the U.S. economy will grow by 6.9% this year, 0.4 percentage points higher than the previous forecast.</p><p>In response to these new changes, the Federal Reserve has begun to release hawkish signals at the latest interest rate meeting in June, and the market expects the rate hike of the Federal Reserve to be advanced by one year to the second half of 2022. In addition, inflation expectations have also been sharply raised. It is expected that the PCE and personal consumption expenditure price index of the United States will rise to 3.4% in 2021, an increase of 1 percentage point from the forecast in March. Yu Xuejun said,</p><p>\"We are in such a window period when macro-control policies may be adjusted and changed at any time, so the market performance is extremely sensitive. A message or a wording of the Federal Reserve may cause huge fluctuations in the market. Now, grain, iron ore, oil, gold and exchange rates rise and fall almost every day, with different changes and no consistent direction. They are in such a sensitive period.\" Why is it difficult to return to short-term normality? He gives two reasons:</p><p>First, the impact of the COVID-19 epidemic is too great, and the epidemic control is still unpredictable. In addition, it will take time to assess the significant impact of the pandemic on human society after it is controlled, especially the impact on economic activities.</p><p>Second, the ultra-loose stimulus policies of various countries have had a significant impact. The withdrawal of these policies takes a long process, and it is difficult to recover. In particular, the base money put out by the Federal Reserve is difficult to recover in the short term, and it may become a period of history and be preserved forever.</p><p>\"After the financial crisis in the United States in 2008, the Federal Reserve implemented the monetary policy of quantitative easing. Before this, the balance sheet of the Federal Reserve was less than 900 billion dollars, which later increased to a maximum of 4.5 trillion dollars, and now it has increased to 8 trillion dollars. Calculated in this way,<b>The final Fed balance sheet is expected to be more than 10 times higher than it was before the 2008 financial crisis</b>These large amounts of US dollar liquidity are invested all over the world, which has a huge impact on the global economic and financial markets, especially the next impact on inflation. I think it is difficult to eliminate and accurately assess in the short term. \"</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.cn/hy/2021-06-24/detail-ikqciyzk1510511.d.html?from=wap\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f0777ffe79222b2a04c15407e205bed9","relate_stocks":{"000001.SH":"上证指数",".DJI":"道琼斯"},"source_url":"https://finance.sina.cn/hy/2021-06-24/detail-ikqciyzk1510511.d.html?from=wap","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144044065","content_text":"2021财新夏季峰会于2021年6月23-25日在北京举办，中国银行保险监督管理委员会领导于学军出席并演讲。\n于学军表示，全球经济正处于演进变化的敏感时期，短期内难以回归常态。\n他解释称，首先，今年全球经济面临的复杂性和敏感性是受去年新冠肺炎疫情在全球的暴发、蔓延而形成的，“这个冲击太大了”。他引用联合国报告称这“是自上世纪30年代经济大萧条以来，全球经济最严重的收缩，收缩的程度是2009年国际金融危机的2.5倍”。他又说道，\n\n “从我们的记忆来说，这次疫情至少是自第二次世界大战以来对全球经济、人类社会最大的一次冲击。”\n\n去年全球经济总体下降4.4%，由于中国疫情控制得好，并且防疫和经济工作两手抓，复工复产有力有效，成为了全球前十大经济体中唯一实现正增长的国家，全年经济增长2.3%。于学军说，\n\n “这个（增长）2.3%，现在非常有名，我们看电视、报纸，包括国外的一些学者，他们也经常提起来2.3%。”\n\n第二，由于新冠疫情对全球经济形成的罕见冲击，所以各国政府普遍实行了超宽松的刺激性经济政策，历史比较来看，这些政策力度是空前的，在各国稳定经济和维护社会秩序等方面均发挥了重要作用，但与此同时这些超宽松的政策也带来许多问题。\n第三，全球地缘政治的变化和影响。\n于学军表示，控制疫情的关键环节在于疫苗的研发和接种，各国都希望可以毕其功于一役，现在看进展很快，远超出人们之前的预期。未来如何变化取决于两个因素，一是疫苗的有效性，包括有效期，尚有待时间检验。\n二是新冠病毒变异的速度和复杂性。“过去我们做银行监管常说的一句话，叫做‘监管就是与风险赛跑’，今天我们把这句话借用过来，我们认为抗击新冠疫情实际上也是与新冠病毒的变异赛跑”，他说，总体来看人类抗击新冠疫情的形势已现光明，现在普遍看起来是乐观情绪主导，相信对经济的负面影响也会逐步减弱。\n谈及超宽松的刺激性政策何去何从，于学军分析了美国的情况。\n去年在特朗普执政时期，新冠肺炎在美国大面积传染之后，美联储在3月中旬一次性将联邦储备利率由1.5%-1.75%调低为0%到0.25%，即所谓的“零利率”。年末美联储又加大QE政策，从12月起将其购债规模每月增加到1200亿美元。\n拜登总统上任之后，进一步加大财政的刺激性政策，最具代表性的就是于今年4月通过的1.9万亿美元的新冠纾困法案。另外，他还提出基建投资的复兴计划。开始拟定的是2.25万亿规模，最近有所压缩，预计约1万亿美元。\n去年开始美联储实行超宽松的货币政策，使其资产负债表大幅增加，已从初期的约4万亿美元陡增至年末的7.5万亿美元，最新大概达到8万亿美元。这使全球的美元流动性不断膨胀，并造成大宗初级商品的价格大幅上涨，包括粮食也出现罕见的涨价现象，全球对通胀的担忧由此产生。\n于学军认为，随着美国抗疫形势出现好转，在货币超宽松刺激政策累加的作用之下，美国经济出现强势反弹，最新据经合组织OECD中期经济展望预测，今年美国经济将增长6.9%，比之前的预测调高了0.4个百分点。\n针对这些新变化，美联储在6月最新的议息会议上已开始释放鹰派信号，市场预计美联储加息或提前一年至2022年下半年。另外通货膨胀预期也被大幅上调，预计2021年美国的PCE及个人消费支出价格指数将升到3.4%，较3月的预测值上调1个百分点。于学军称，\n\n “我们处于这样一个宏观调控政策有可能随时发生调整变化的窗口期，所以市场表现极为敏感，一个信息、美联储的一句措词都有可能引起市场的巨大波动。现在粮食、铁矿石、石油、黄金、汇率几乎每天都出现上涨、下跌，有不同的变化，没有一致的方向，处在这样的一个敏感期。”\n\n为什么短期常态难回归呢？他给出两个原因：\n一是新冠疫情的冲击太大，现在疫情控制仍然难以预料。另外，疫情控制之后其对人类社会产生的重大影响，尤其是对经济活动的影响，也需要一个时间进行评估。\n二是各国超宽松的刺激性政策形成了重大影响，这些政策的退出需要一个较长的过程，并且覆水难收，尤其是美联储投放出去的基础货币很难在短期收回，也许会成为一段历史永远保留下去。\n\n “2008年美国发生金融危机之后，美联储就实行了量化宽松的货币政策，这个之前美联储的资产负债表不到9000亿美元，后来最高增加到了4.5万亿美元，现在又增加到8万亿美元。这样计算下来，\n 预计最终美联储的资产负债表将比2008年金融危机之前提高10倍以上，这些大量的美元流动性投入到世界各地，对全球经济金融市场形成巨大影响，尤其是下一步对通货膨胀的影响，我认为短期内难以消除，也难以准确评估。”","news_type":1,"symbols_score_info":{"000001.SH":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126800369,"gmtCreate":1624549505551,"gmtModify":1703840193663,"author":{"id":"3575272463691980","authorId":"3575272463691980","name":"Chiazhe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575272463691980","idStr":"3575272463691980"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126800369","repostId":"1106576178","repostType":4,"repost":{"id":"1106576178","kind":"news","pubTimestamp":1624536819,"share":"https://ttm.financial/m/news/1106576178?lang=en_US&edition=fundamental","pubTime":"2021-06-24 20:13","market":"us","language":"zh","title":"XPeng Automobile Hong Kong Stock Issue Price Up to 180 Hong Kong Dollars per Share, Nio Sends Blessings","url":"https://stock-news.laohu8.com/highlight/detail?id=1106576178","media":"时代在线","summary":"小鹏这次在香港上市属于双重上市，受美国SEC和香港SFC双方的监管。","content":"<p>Text/Li Zhuoling</p><p>Less than a year after the successful listing in the United States in August last year,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>He is preparing to return to Hong Kong for IPO in order to \"double listing\".</p><p>At 8 o'clock on the evening of June 24th, XPeng Automobile issued a supplementary announcement to its prospectus, stating that it would issue 85 million Class A ordinary shares as part of the global offering, and Hong Kong would publicly offer 4.25 million Class A ordinary shares under the stock code \"9868\". XPeng said the highest offering price of this Hong Kong public offering is HK$180 or US$23.19 per share (equivalent to US$46.39 per ADS).</p><p>In terms of shareholders, the prospectus shows that He Xiaopeng, co-founder, chairman and CEO of XPeng Automobile, and his affiliates are the controlling shareholders of Xpeng Motors, holding 21.75% of the shares; Taobao China holds 11.9% and IDG Capital holds 4.8%.</p><p>On the same day, Times Finance learned on the official website of HKEx that XPeng Automobile had passed the listing hearing of HKEx and submitted the post-hearing data set for the first time. XPeng Automotive stated that this information set is not a final listing document and may be updated or amended by the Company from time to time in accordance with the Listing Rules.</p><p>It is reported that this return to Hong Kong stocks,<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>And Bank of America is the joint sponsor of Xpeng Motors. The aforementioned investment bank previously helped XPeng complete its listing in the United States. XPeng Motors, meanwhile, raised up to $2 billion this time. However, XPeng Automobile told Times Finance that it would not comment on the news related to its listing in Hong Kong.</p><p><img src=\"https://static.tigerbbs.com/637e64eaf32d8f5ba864c1e1c3561ec9\" tg-width=\"550\" tg-height=\"367\" referrerpolicy=\"no-referrer\">Credit: XPeng Motors</p><p>It is worth noting that in addition to XPeng cars,<a href=\"https://laohu8.com/S/NIO\">Nio</a>And Li Auto have also been reported to have the heart of listing in Hong Kong. In March this year, according to media reports, Nio and XPeng Automobile have submitted listing applications to the Hong Kong Stock Exchange, but Ideal has not yet \"submitted the form\"; The report also quoted people familiar with the matter as saying that all three companies intend to sell 5% of their equity, and the total amount of funds raised may reach $5 billion.</p><p>Regarding the follow-up return plan and progress, Times Finance also interviewed Nio and<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Both sides said that there was no more information disclosed for the time being, and for the IPO dynamics of XPeng returning to Hong Kong, a person from Nio Public Relations Department said, \"Bless teammates\".</p><p><b>Dual Listing</b></p><p>\"The listing of XPeng in Hong Kong this time is a dual listing, which is supervised by both the US SEC and Hong Kong SFC. Generally speaking, this situation will be stricter than the secondary listing.\" On June 24th, Wang Yitang, a strategist at Sichuan Finance Securities, told Times Finance.</p><p>According to public information, enterprises with primary listings on qualified exchanges (such as NYSE, Nasdaq, etc.) are allowed to make secondary listings in Hong Kong, subject to several major conditions, including that the enterprise must be a startup<a href=\"https://laohu8.com/S/300832\">New industries</a>The Company has a good compliance record of listing on a qualified exchange in at least the last two full fiscal years, and the applicant's total market capitalization at the time of the secondary listing in Hong Kong is not less than HK$40 billion, or the total market capitalization at the time of listing is not less than HK$10 billion and the revenue of the latest audited fiscal year is not less than HK$1 billion, etc.</p><p><img src=\"https://static.tigerbbs.com/7426061ec0b6d7263a5f645b48ccc96b\" tg-width=\"550\" tg-height=\"414\" referrerpolicy=\"no-referrer\">Source: Screenshot of official website of HKEx</p><p>This time, XPeng returned to Hong Kong stocks in the form of \"Dual Primary Listing\", which is rare at present, mainly because of the short interval between the previous US stock Listing (August 27th last year), which did not meet the requirements of the secondary Listing for listed entities to have at least two years of good regulatory compliance records on another qualified exchange.</p><p>Wang Yitang told Times Finance that from the current market value of XPeng Automobile, coupled with the fact that the company is an innovative enterprise, it theoretically meets the standards of listing on the Hong Kong Stock Exchange. As of the close of trading on June 23rd, the closing price of XPeng Motors (XPEV.NYSE) US stock was 41.61 USD/share, with a total market value of 33.427 billion USD, or about 259.53 billion Hong Kong dollars.</p><p>However, XPeng Automotive still mentioned a number of risks and uncertainties in the post-hearing information submitted to the HKEx, including the challenges of being a new entrant in the industry, the potential failure of research and development efforts to produce the expected results, the risks of autonomous driving technology, and the fact that it has only recently started to generate revenue and is still generating losses and negative operating cash flows, which are likely to continue in the future.</p><p>Among them, in relation to<a href=\"https://laohu8.com/S/000572\">Haima Auotmobile</a>In terms of production capacity cooperation, XPeng Automobile said that the cooperation agreement with the former will expire on December 31 this year, but there may be a failure to enter into a new contract or extend the existing contract with Haima on acceptable terms and conditions, and the agreement entered into may also be terminated with the consent of both parties. If any of the foregoing occurs, XPeng Automobile may be required to enter into contracts with other third parties or substantially increase its own production capacity.</p><p>\"We cannot guarantee that we will be able to partner with other third parties or increase our own production capacity under such circumstances on acceptable terms to meet our needs, or at all. Complete any transition and ensure that the new third-party partner's factories<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>It may take more expense and time than expected for electric vehicles to meet our quality standards and regulatory requirements. Any of the foregoing factors may adversely affect our business, results of operations, financial condition and prospects. \" XPeng Motor pointed out in its submission of post-hearing information.</p><p><img src=\"https://static.tigerbbs.com/70c771acf3ec396d6a6bb60ff0922bce\" tg-width=\"550\" tg-height=\"366\" referrerpolicy=\"no-referrer\">Image source: Network, please contact to delete the infringement</p><p><b>\"Wei Xiaoli\" accelerates its return to Hong Kong for listing and fundraising?</b></p><p>From the perspective of the industry, if XPeng Automobile lands in the Hong Kong stock market as it wishes, it will help it further broaden its financing channels and make capital reserves for its follow-up product launch and technology research and development.</p><p>According to the information submitted by Xpeng Motors to the HKEx, from 2018 to 2020, the annual R&D expenditure of XPeng Motors was RMB1.051 billion, RMB2.07 billion and RMB1.726 billion respectively, plus RMB535 million in the first quarter of this year, totaling about RMB5.382 billion. The above expenses accounted for 89.2%, 29.5% and 18.1% of the total revenue in 2019, 2020 and the three months ended March 31, 2021, respectively.</p><p>In terms of R&D personnel, as of the end of March this year, there were 2,442 employees (about 39.8% of the total) working in the R&D department of XPeng Automotive, of which 62.1%, 16.3% and 21.5% were dedicated to automotive design and engineering, autonomous driving and intelligent operating systems, respectively. In terms of employee breakdown by function, the proportion of R&D personnel in XPeng Automobile is second only to those in charge of sales and marketing (2,518), which accounts for 41.1%.</p><p>It is worth noting that XPeng Automobile has obtained sufficient cash reserves through its initial listing and subsequent stock issuance. It is reported that it completed its initial public offering and listed on the NYSE in August last year. After deducting underwriting discounts, commissions and expenses, it raised a total net proceeds of about 1.656 billion US dollars. Subsequently, in December last year, XPeng Motors completed a follow-up public offering at $45 per ADS or $22.5 per share, raising net proceeds of $2.445 billion after deducting underwriting discounts, commissions and expenses.</p><p>At present, apart from XPeng Automobile, Nio and Ideal, the other two leading new car companies, are rumored to have plans to return to Hong Kong for listing to further optimize financing channels. According to the Q1 financial report of \"Wei Xiaoli\" car companies, at present, the cash reserves of the three car companies exceed 30 billion yuan, of which Nio has a maximum cash reserve of 47.5 billion yuan, XPeng is 36.201 billion yuan and Li Auto is 30.36 billion yuan.</p><p>Previously, Li Xiang, founder and CEO of Li Auto, said that Ideal didn't mind any way of financing, including the secondary market, bank loans and bond issuance.</p><p>Some people in the industry told Times Finance that while expanding external financing channels, expanding the delivery scale to improve their own hematopoietic capacity is still the top priority for new car companies to achieve profitability. According to<a href=\"https://laohu8.com/S/002736\">Guosen Securities</a>According to the research report, if Nio, XPeng and Ideal want to achieve profitability, the sales volume needs to reach 180,000, 120,000 and 60,000 respectively. By the end of May this year, the cumulative delivery volume of Nio was 109,500, the cumulative delivery volume of XPeng vehicles exceeded 64,000, and the cumulative delivery volume of Li Auto exceeded 56,000.</p>","source":"lsy1588128741489","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>XPeng Automobile Hong Kong Stock Issue Price Up to 180 Hong Kong Dollars per Share, Nio Sends Blessings</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\">\nXPeng Automobile Hong Kong Stock Issue Price Up to 180 Hong Kong Dollars per Share, Nio Sends Blessings\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">时代在线</strong><span class=\"h-time small\">2021-06-24 20:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Text/Li Zhuoling</p><p>Less than a year after the successful listing in the United States in August last year,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>He is preparing to return to Hong Kong for IPO in order to \"double listing\".</p><p>At 8 o'clock on the evening of June 24th, XPeng Automobile issued a supplementary announcement to its prospectus, stating that it would issue 85 million Class A ordinary shares as part of the global offering, and Hong Kong would publicly offer 4.25 million Class A ordinary shares under the stock code \"9868\". XPeng said the highest offering price of this Hong Kong public offering is HK$180 or US$23.19 per share (equivalent to US$46.39 per ADS).</p><p>In terms of shareholders, the prospectus shows that He Xiaopeng, co-founder, chairman and CEO of XPeng Automobile, and his affiliates are the controlling shareholders of Xpeng Motors, holding 21.75% of the shares; Taobao China holds 11.9% and IDG Capital holds 4.8%.</p><p>On the same day, Times Finance learned on the official website of HKEx that XPeng Automobile had passed the listing hearing of HKEx and submitted the post-hearing data set for the first time. XPeng Automotive stated that this information set is not a final listing document and may be updated or amended by the Company from time to time in accordance with the Listing Rules.</p><p>It is reported that this return to Hong Kong stocks,<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>And Bank of America is the joint sponsor of Xpeng Motors. The aforementioned investment bank previously helped XPeng complete its listing in the United States. XPeng Motors, meanwhile, raised up to $2 billion this time. However, XPeng Automobile told Times Finance that it would not comment on the news related to its listing in Hong Kong.</p><p><img src=\"https://static.tigerbbs.com/637e64eaf32d8f5ba864c1e1c3561ec9\" tg-width=\"550\" tg-height=\"367\" referrerpolicy=\"no-referrer\">Credit: XPeng Motors</p><p>It is worth noting that in addition to XPeng cars,<a href=\"https://laohu8.com/S/NIO\">Nio</a>And Li Auto have also been reported to have the heart of listing in Hong Kong. In March this year, according to media reports, Nio and XPeng Automobile have submitted listing applications to the Hong Kong Stock Exchange, but Ideal has not yet \"submitted the form\"; The report also quoted people familiar with the matter as saying that all three companies intend to sell 5% of their equity, and the total amount of funds raised may reach $5 billion.</p><p>Regarding the follow-up return plan and progress, Times Finance also interviewed Nio and<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Both sides said that there was no more information disclosed for the time being, and for the IPO dynamics of XPeng returning to Hong Kong, a person from Nio Public Relations Department said, \"Bless teammates\".</p><p><b>Dual Listing</b></p><p>\"The listing of XPeng in Hong Kong this time is a dual listing, which is supervised by both the US SEC and Hong Kong SFC. Generally speaking, this situation will be stricter than the secondary listing.\" On June 24th, Wang Yitang, a strategist at Sichuan Finance Securities, told Times Finance.</p><p>According to public information, enterprises with primary listings on qualified exchanges (such as NYSE, Nasdaq, etc.) are allowed to make secondary listings in Hong Kong, subject to several major conditions, including that the enterprise must be a startup<a href=\"https://laohu8.com/S/300832\">New industries</a>The Company has a good compliance record of listing on a qualified exchange in at least the last two full fiscal years, and the applicant's total market capitalization at the time of the secondary listing in Hong Kong is not less than HK$40 billion, or the total market capitalization at the time of listing is not less than HK$10 billion and the revenue of the latest audited fiscal year is not less than HK$1 billion, etc.</p><p><img src=\"https://static.tigerbbs.com/7426061ec0b6d7263a5f645b48ccc96b\" tg-width=\"550\" tg-height=\"414\" referrerpolicy=\"no-referrer\">Source: Screenshot of official website of HKEx</p><p>This time, XPeng returned to Hong Kong stocks in the form of \"Dual Primary Listing\", which is rare at present, mainly because of the short interval between the previous US stock Listing (August 27th last year), which did not meet the requirements of the secondary Listing for listed entities to have at least two years of good regulatory compliance records on another qualified exchange.</p><p>Wang Yitang told Times Finance that from the current market value of XPeng Automobile, coupled with the fact that the company is an innovative enterprise, it theoretically meets the standards of listing on the Hong Kong Stock Exchange. As of the close of trading on June 23rd, the closing price of XPeng Motors (XPEV.NYSE) US stock was 41.61 USD/share, with a total market value of 33.427 billion USD, or about 259.53 billion Hong Kong dollars.</p><p>However, XPeng Automotive still mentioned a number of risks and uncertainties in the post-hearing information submitted to the HKEx, including the challenges of being a new entrant in the industry, the potential failure of research and development efforts to produce the expected results, the risks of autonomous driving technology, and the fact that it has only recently started to generate revenue and is still generating losses and negative operating cash flows, which are likely to continue in the future.</p><p>Among them, in relation to<a href=\"https://laohu8.com/S/000572\">Haima Auotmobile</a>In terms of production capacity cooperation, XPeng Automobile said that the cooperation agreement with the former will expire on December 31 this year, but there may be a failure to enter into a new contract or extend the existing contract with Haima on acceptable terms and conditions, and the agreement entered into may also be terminated with the consent of both parties. If any of the foregoing occurs, XPeng Automobile may be required to enter into contracts with other third parties or substantially increase its own production capacity.</p><p>\"We cannot guarantee that we will be able to partner with other third parties or increase our own production capacity under such circumstances on acceptable terms to meet our needs, or at all. Complete any transition and ensure that the new third-party partner's factories<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>It may take more expense and time than expected for electric vehicles to meet our quality standards and regulatory requirements. Any of the foregoing factors may adversely affect our business, results of operations, financial condition and prospects. \" XPeng Motor pointed out in its submission of post-hearing information.</p><p><img src=\"https://static.tigerbbs.com/70c771acf3ec396d6a6bb60ff0922bce\" tg-width=\"550\" tg-height=\"366\" referrerpolicy=\"no-referrer\">Image source: Network, please contact to delete the infringement</p><p><b>\"Wei Xiaoli\" accelerates its return to Hong Kong for listing and fundraising?</b></p><p>From the perspective of the industry, if XPeng Automobile lands in the Hong Kong stock market as it wishes, it will help it further broaden its financing channels and make capital reserves for its follow-up product launch and technology research and development.</p><p>According to the information submitted by Xpeng Motors to the HKEx, from 2018 to 2020, the annual R&D expenditure of XPeng Motors was RMB1.051 billion, RMB2.07 billion and RMB1.726 billion respectively, plus RMB535 million in the first quarter of this year, totaling about RMB5.382 billion. The above expenses accounted for 89.2%, 29.5% and 18.1% of the total revenue in 2019, 2020 and the three months ended March 31, 2021, respectively.</p><p>In terms of R&D personnel, as of the end of March this year, there were 2,442 employees (about 39.8% of the total) working in the R&D department of XPeng Automotive, of which 62.1%, 16.3% and 21.5% were dedicated to automotive design and engineering, autonomous driving and intelligent operating systems, respectively. In terms of employee breakdown by function, the proportion of R&D personnel in XPeng Automobile is second only to those in charge of sales and marketing (2,518), which accounts for 41.1%.</p><p>It is worth noting that XPeng Automobile has obtained sufficient cash reserves through its initial listing and subsequent stock issuance. It is reported that it completed its initial public offering and listed on the NYSE in August last year. After deducting underwriting discounts, commissions and expenses, it raised a total net proceeds of about 1.656 billion US dollars. Subsequently, in December last year, XPeng Motors completed a follow-up public offering at $45 per ADS or $22.5 per share, raising net proceeds of $2.445 billion after deducting underwriting discounts, commissions and expenses.</p><p>At present, apart from XPeng Automobile, Nio and Ideal, the other two leading new car companies, are rumored to have plans to return to Hong Kong for listing to further optimize financing channels. According to the Q1 financial report of \"Wei Xiaoli\" car companies, at present, the cash reserves of the three car companies exceed 30 billion yuan, of which Nio has a maximum cash reserve of 47.5 billion yuan, XPeng is 36.201 billion yuan and Li Auto is 30.36 billion yuan.</p><p>Previously, Li Xiang, founder and CEO of Li Auto, said that Ideal didn't mind any way of financing, including the secondary market, bank loans and bond issuance.</p><p>Some people in the industry told Times Finance that while expanding external financing channels, expanding the delivery scale to improve their own hematopoietic capacity is still the top priority for new car companies to achieve profitability. According to<a href=\"https://laohu8.com/S/002736\">Guosen Securities</a>According to the research report, if Nio, XPeng and Ideal want to achieve profitability, the sales volume needs to reach 180,000, 120,000 and 60,000 respectively. By the end of May this year, the cumulative delivery volume of Nio was 109,500, the cumulative delivery volume of XPeng vehicles exceeded 64,000, and the cumulative delivery volume of Li Auto exceeded 56,000.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.time-weekly.com/post/282527\">时代在线</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1f112c7634aa63c7d43e3db0ad6536d8","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"source_url":"http://www.time-weekly.com/post/282527","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106576178","content_text":"文／李卓玲\n距去年8月成功赴美上市不到一年时间，小鹏汽车便筹备回港IPO欲“双重上市”。\n6月24日晚8时，小鹏汽车发布了招股说明书补充公告称，将发行8500万股A类普通股作为全球发行的一部分，香港公开发售425万股A类普通股，股票代码为“9868”。小鹏汽车表示本次香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。\n股东方面，招股书显示，小鹏汽车联合创始人、董事长兼首席执行官何小鹏及其关联公司为小鹏汽车控股股东，持股21.75%；淘宝中国持股11.9%，IDG资本持股4.8%。\n同日，据时代财经在港交所官网了解到，小鹏汽车已通过港交所上市聆讯，并第一次呈交聆讯后资料集。小鹏汽车称，该资料集并非最终上市文件，公司可能会不时根据上市规则作出更新或修订。\n据悉，此次回归港股，摩根大通和美银为小鹏汽车联席保荐人，前述投行此前曾助小鹏完成赴美上市事宜。与此同时，小鹏汽车此次融资规模最多为20亿美元。不过，对于赴港上市相关消息，小鹏汽车对时代财经称，不予置评。\n图片来源：小鹏汽车\n值得关注的是，除了小鹏汽车外，蔚来和理想汽车此前亦均传出有赴港上市之心。今年3月，据媒体报道，蔚来、小鹏汽车已向港交所递交上市申请，而理想尚未“递表”；该报道并援引知情人士称，三家公司均打算出售5%的股权，筹资金额合计或将达到50亿美元。\n对于后续回归计划及进展，时代财经6月24日也分别采访了蔚来和理想汽车，双方均称暂无更多消息披露，而对于小鹏回港IPO动态，蔚来公关部人士称，“祝福队友”。\n双重上市\n“小鹏这次在香港上市属于双重上市，受美国SEC和香港SFC双方的监管。一般来说，这种情况会比二次上市更为严格。”6月24日，川财证券策略分析师王一棠对时代财经表示。\n公开资料显示，在合格交易所（如纽交所、纳斯达克等）作主要上市的企业，允许在港作第二上市，但需符合几大条件，包括企业必须是创新产业公司、在至少最近两个完整会计年度于合格交易所上市的合规纪录良好，以及申请人于香港第二上市时的总市值不少于400亿港币，或上市时的总市值不少于100亿港币并且最近一个经审计会计年度的收益不少于10亿港币等。\n图片来源：港交所官网截图\n小鹏此次以目前较少见的“双重主要上市”(Dual Primary Listing)方式回归港股，主要因其距此前美股上市（去年8月27日）的间隔时间较短，不符合二次上市中对于上市主体在另一家符合条件的交易所至少有两年良好监管合规记录的要求。\n王一棠对时代财经称，从小鹏汽车当前市值，再加上该公司为创新企业，理论上满足上市港交所的标准。而截至6月23日收盘，小鹏汽车(XPEV.NYSE)美股收盘价为41.61美元/股，总市值达334.27亿美元，约合2595.3亿港币。\n不过，小鹏汽车在向港交所呈交的聆讯后资料中仍提及多项风险和不确定因素，包括作为行业新加入者的挑战、研发工作可能无法产能预期成果、自动驾驶技术风险，以及最近才开始产生收入且仍在产生亏损和负经营现金流，而此等情形将有可能于日后持续等。\n其中，在与海马汽车的产能合作方面，小鹏汽车称，与前者的合作协议将于今年12月31日届满，但可能存在未能与海马以可接纳的条款及条件订立新合约或延长现有合约，以及订立的协议亦可能会在双方同意下终止。如出现任何上述情况，小鹏汽车或须与其他第三方订立合约或大幅增加本身的产能。\n“我们无法保证在该情形下能按可接纳的条款，与其他第三方合伙或增加本身的产能以满足我们的需求，或完全不能满足。完成任何过渡及确保新第三方合作伙伴的工厂所生产的智能电动汽车符合我们的质量标准及监管规定所需的开支及时间可能较预期为多。上述任何因素均可能对我们的业务、经营业绩、财务状况及前景造成不利影响。”小鹏汽车在其呈交的聆讯后资料中指出。\n图片来源：网络，侵权请联系删除\n“蔚小理”加速回港上市筹资？\n在业界看来，若小鹏汽车如愿登陆港股市场，将助其进一步拓宽融资渠道，为其后续产品投放、技术研发等做好资金储备。\n据小鹏汽车呈交给港交所的资料显示，2018年至2020年，小鹏汽车的年研发开支分別为人民币10.51亿元、20.7亿元、17.26亿元，再加上今年一季度的5.35亿元，合计约53.82亿元。在2019年、2020年及截至2021年3月31日止三个月，上述开支分别占总收入89.2%、29.5%及18.1%。\n在研发人员方面，截至今年3月底，有2442名员工(占总人数约39.8%)在小鹏汽车研发部门工作，其中62.1%、16.3%和21.5%分别致力于汽车设计与工程、自动驾驶和智能操作系统。按职能分类的员工明细来看，小鹏汽车的研发人员占比仅次于负责销售及营销的员工（2518人），后者这一占比为41.1%。\n值得关注的是，小鹏汽车此前通过首发上市及后续股票增发等，获得较为充足的现金储备。据悉，其去年8月完成首次公开发售及于纽交所上市，经扣除承销折扣、佣金及开支后，共筹得所得款项净额约16.56亿美元。随后，去年12月，小鹏汽车又按每股美国存托股45美元或每股股份22.5美元的价格完成后续公开发售，经扣除承销折扣、佣金及开支后，共筹得所得款项净额24.45亿美元。\n而目前，除了小鹏汽车外，另外两家头部新势力车企蔚来、理想被传同样有回港上市计划，以进一步优化融资渠道。结合“蔚小理”车企Q1财报来看，目前三家车企现金储备均超300亿元，其中，蔚来现金储备最多达475亿元，小鹏为362.01亿元，理想汽车为303.6亿元。\n此前，理想汽车创始人、CEO李想曾对外表示，理想不介意任何一种方式的融资，包括二级市场、银行贷款和发债等。\n有业界人士对时代财经称，在拓宽外部融资渠道的同时，扩大交付规模以提升自身造血能力仍是新势力车企实现盈利的头等大事。据国信证券研报测算认为，蔚来、小鹏、理想要想实现盈利，销量规模分别需达到18万辆、12万辆和6万辆。截至今年5月底，蔚来累计交付量为10.95万辆，小鹏汽车累计交付量超6.4万辆，理想汽车累计交付量超5.6万辆。","news_type":1,"symbols_score_info":{"09868":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":3185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126177238,"gmtCreate":1624549482524,"gmtModify":1703840192848,"author":{"id":"3575272463691980","authorId":"3575272463691980","name":"Chiazhe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575272463691980","idStr":"3575272463691980"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126177238","repostId":"1121154040","repostType":4,"repost":{"id":"1121154040","kind":"news","pubTimestamp":1624539354,"share":"https://ttm.financial/m/news/1121154040?lang=en_US&edition=fundamental","pubTime":"2021-06-24 20:55","market":"us","language":"zh","title":"The Big Reveal: Windows 11 is hitting tonight! What updates can we see","url":"https://stock-news.laohu8.com/highlight/detail?id=1121154040","media":"腾讯科技","summary":"被微软CEO纳德拉称之为Windows十年来“最重要的更新”即将到来。","content":"<p>At 11: 00 pm on June 24th, Beijing time,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>A new product launch conference will be held, which Microsoft CEO Nadella called the \"most important update\" of Windows in a decade.</p><p>Although Microsoft has not confirmed the upcoming new products in any public venue, the major leak of the development version of Windows 11 on June 16th made this matter less mysterious. Windows 11 will become the protagonist of tonight's conference, and Microsoft's most important update of Windows in the decade has been shown to us in all directions before the conference.</p><p>However, regarding this press conference, it can't be said that it is completely unattractive, and there are some details worthy of our attention.</p><p><b>How can Windows 11 improve on touch and gestures?</b></p><p><img src=\"https://static.tigerbbs.com/6bd9316044d53f9972729e9b791817e4\" tg-width=\"641\" tg-height=\"421\" referrerpolicy=\"no-referrer\"></p><p>After experiencing the development version of Windows 11, many people found that compared with the previous Windows 10, this so-called \"big version\" made some Design adjustments on the interface to make it more in line with Microsoft Fluent Design Design language, and made no very obvious functional improvements.</p><p>Some users even gave it the positioning of a Windows 10 skin after experiencing the development version of Windows 11.</p><p>To a certain extent, Windows 11 is really not as good as when you switched from Win8 to Win10 before, and the design improvement is huge. But in fact, if you know the previous design evolution of Microsoft on Windows, you will find that the current version of Windows 11 actually has a very similar design to Windows 10X, which has been cut off by Microsoft.</p><p>Including \"Start menu centering, multi-tasking layout on the same screen\" and other functions that appeared on Windows 11 development version, they were originally standard of Windows 10X.</p><p>So the current leaked Windows 11 is more like an iterative version of the previous Windows 10X. However, since 10X is a product built by Microsoft for touch dual screens, what features will be added to the system in Windows 11 to support touch operation will become an important highlight at tonight's conference.</p><p>Microsoft has confirmed that it is planning to \"innovate and develop exciting sensor technologies\" for future versions of Windows. Popular features such as \"user presence detection\", gesture detection and ambient light will be improved to \"enable a dazzling user experience on Windows\" as part of Windows 11 or an upcoming Windows update.</p><p>This means that Microsoft hopes to realize the integration of desktop and mobile through the new Windows 11. Although Microsoft's current mobile phone projects are basically in a semi-abandoned state, Surface still needs touch operation to achieve excellent experience in more usage scenarios, so the improvement of touch and gesture in Windows 11 is very important.</p><p><b>Brand new Windows App Store?</b></p><p><img src=\"https://static.tigerbbs.com/f95bc54f95bce56f6cd39680c5670f5e\" tg-width=\"641\" tg-height=\"410\" referrerpolicy=\"no-referrer\"></p><p>Although the App Store of MacOS is not strong, in comparison, the App Store currently provided by Windows 10 is even more chicken.</p><p>However, this matter may be greatly improved with Windows 11 coming tonight.</p><p>According to media reports, Microsoft has been developing a brand-new app store, which is more open and free. Microsoft plans to introduce more developers into the new app store, such as apps like Chorme or Firefox, which can be downloaded from the Microsoft App Store in the future.</p><p>Another major improvement will be the payment mechanism. Microsoft may allow developers to bypass Microsoft's payment mechanism in the new App store and realize in-app payment through a third-party payment mechanism in exchange for a 15% reduction in Microsoft's commission.</p><p>Don't be surprised if this happens at tonight's launch event, after all, Microsoft is now uniting with Epic to resist<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The high \"Apple tax\" on the App Store. This move may affect the reshuffle of how big companies such as Microsoft, Apple and Google charge for application services in the next few years.</p><p>Microsoft also recently announced that it would reduce the purchase commission of games listed in its own App Store from the previous 30% to 12%. This large discount has put pressure on App stores like Steam.</p><p><b>Windows 11 will focus on improving the experience of professional users?</b></p><p>As the world's largest desktop operating system, Windows' professional ability has been ignored by many people. In this Windows 11 development version, we actually saw Microsoft's optimization and improvement for some professional users.</p><p>In the new Windows 11, Microsoft has improved the display mode of switching between multiple desktops, and at the same time, its support for multiple displays is even better, which to a certain extent solves the problems accumulated by high-end users in multitasking for many years.</p><p><img src=\"https://static.tigerbbs.com/e9e63bb5de9abe3a6b4ddd323172017f\" tg-width=\"641\" tg-height=\"513\" referrerpolicy=\"no-referrer\"></p><p>At the same time, Windows 11 has also focused more on improving the experience of game users. On this brand new set of operating systems, the new Xbox app is now integrated into Windows 11, providing quick access to Xbox Game Pass games, the social section of the Xbox network, and the Xbox Store.</p><p>At the same time, Windows 11 has also been tested on XBox, and we also hope to see more XBox functions incorporated into the desktop, such as providing automatic HDR display function, or faster game loading speed, etc., so as to improve the PC experience in games once.</p><p><b>Free upgrades?</b></p><p><img src=\"https://static.tigerbbs.com/3eb69ed623b5cc7b7239d753886fda0b\" tg-width=\"641\" tg-height=\"362\" referrerpolicy=\"no-referrer\"></p><p>Yes, that's what we'd most like to see on Windows 11.</p><p>Previously, when Microsoft upgraded Windows 10 in Windows 7/8, it adopted a free upgrade method, and all users can upgrade the corresponding Win10 version. We hope that the free thing will still appear on Windows 11.</p><p>The market has successfully told Microsoft that it is pointless to collect money from users to upgrade the system. As an operating system development company, Microsoft earns more software revenue from OEM licensing and commercial licensing. Therefore, it is very likely that Win11 will still adopt the free upgrade method of Win10 before.</p><p>Although Microsoft Windows 11 has sneaked away, in fact, Microsoft has left a lot of suspense for us. At 23: 00 on June 24th, Beijing time, when Microsoft officially holds a new product launch conference, these answers may be revealed.</p>","source":"lsy1580517846866","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>The Big Reveal: Windows 11 is hitting tonight! What updates can we see</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\">\nThe Big Reveal: Windows 11 is hitting tonight! What updates can we see\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯科技</strong><span class=\"h-time small\">2021-06-24 20:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p>At 11: 00 pm on June 24th, Beijing time,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>A new product launch conference will be held, which Microsoft CEO Nadella called the \"most important update\" of Windows in a decade.</p><p>Although Microsoft has not confirmed the upcoming new products in any public venue, the major leak of the development version of Windows 11 on June 16th made this matter less mysterious. Windows 11 will become the protagonist of tonight's conference, and Microsoft's most important update of Windows in the decade has been shown to us in all directions before the conference.</p><p>However, regarding this press conference, it can't be said that it is completely unattractive, and there are some details worthy of our attention.</p><p><b>How can Windows 11 improve on touch and gestures?</b></p><p><img src=\"https://static.tigerbbs.com/6bd9316044d53f9972729e9b791817e4\" tg-width=\"641\" tg-height=\"421\" referrerpolicy=\"no-referrer\"></p><p>After experiencing the development version of Windows 11, many people found that compared with the previous Windows 10, this so-called \"big version\" made some Design adjustments on the interface to make it more in line with Microsoft Fluent Design Design language, and made no very obvious functional improvements.</p><p>Some users even gave it the positioning of a Windows 10 skin after experiencing the development version of Windows 11.</p><p>To a certain extent, Windows 11 is really not as good as when you switched from Win8 to Win10 before, and the design improvement is huge. But in fact, if you know the previous design evolution of Microsoft on Windows, you will find that the current version of Windows 11 actually has a very similar design to Windows 10X, which has been cut off by Microsoft.</p><p>Including \"Start menu centering, multi-tasking layout on the same screen\" and other functions that appeared on Windows 11 development version, they were originally standard of Windows 10X.</p><p>So the current leaked Windows 11 is more like an iterative version of the previous Windows 10X. However, since 10X is a product built by Microsoft for touch dual screens, what features will be added to the system in Windows 11 to support touch operation will become an important highlight at tonight's conference.</p><p>Microsoft has confirmed that it is planning to \"innovate and develop exciting sensor technologies\" for future versions of Windows. Popular features such as \"user presence detection\", gesture detection and ambient light will be improved to \"enable a dazzling user experience on Windows\" as part of Windows 11 or an upcoming Windows update.</p><p>This means that Microsoft hopes to realize the integration of desktop and mobile through the new Windows 11. Although Microsoft's current mobile phone projects are basically in a semi-abandoned state, Surface still needs touch operation to achieve excellent experience in more usage scenarios, so the improvement of touch and gesture in Windows 11 is very important.</p><p><b>Brand new Windows App Store?</b></p><p><img src=\"https://static.tigerbbs.com/f95bc54f95bce56f6cd39680c5670f5e\" tg-width=\"641\" tg-height=\"410\" referrerpolicy=\"no-referrer\"></p><p>Although the App Store of MacOS is not strong, in comparison, the App Store currently provided by Windows 10 is even more chicken.</p><p>However, this matter may be greatly improved with Windows 11 coming tonight.</p><p>According to media reports, Microsoft has been developing a brand-new app store, which is more open and free. Microsoft plans to introduce more developers into the new app store, such as apps like Chorme or Firefox, which can be downloaded from the Microsoft App Store in the future.</p><p>Another major improvement will be the payment mechanism. Microsoft may allow developers to bypass Microsoft's payment mechanism in the new App store and realize in-app payment through a third-party payment mechanism in exchange for a 15% reduction in Microsoft's commission.</p><p>Don't be surprised if this happens at tonight's launch event, after all, Microsoft is now uniting with Epic to resist<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The high \"Apple tax\" on the App Store. This move may affect the reshuffle of how big companies such as Microsoft, Apple and Google charge for application services in the next few years.</p><p>Microsoft also recently announced that it would reduce the purchase commission of games listed in its own App Store from the previous 30% to 12%. This large discount has put pressure on App stores like Steam.</p><p><b>Windows 11 will focus on improving the experience of professional users?</b></p><p>As the world's largest desktop operating system, Windows' professional ability has been ignored by many people. In this Windows 11 development version, we actually saw Microsoft's optimization and improvement for some professional users.</p><p>In the new Windows 11, Microsoft has improved the display mode of switching between multiple desktops, and at the same time, its support for multiple displays is even better, which to a certain extent solves the problems accumulated by high-end users in multitasking for many years.</p><p><img src=\"https://static.tigerbbs.com/e9e63bb5de9abe3a6b4ddd323172017f\" tg-width=\"641\" tg-height=\"513\" referrerpolicy=\"no-referrer\"></p><p>At the same time, Windows 11 has also focused more on improving the experience of game users. On this brand new set of operating systems, the new Xbox app is now integrated into Windows 11, providing quick access to Xbox Game Pass games, the social section of the Xbox network, and the Xbox Store.</p><p>At the same time, Windows 11 has also been tested on XBox, and we also hope to see more XBox functions incorporated into the desktop, such as providing automatic HDR display function, or faster game loading speed, etc., so as to improve the PC experience in games once.</p><p><b>Free upgrades?</b></p><p><img src=\"https://static.tigerbbs.com/3eb69ed623b5cc7b7239d753886fda0b\" tg-width=\"641\" tg-height=\"362\" referrerpolicy=\"no-referrer\"></p><p>Yes, that's what we'd most like to see on Windows 11.</p><p>Previously, when Microsoft upgraded Windows 10 in Windows 7/8, it adopted a free upgrade method, and all users can upgrade the corresponding Win10 version. We hope that the free thing will still appear on Windows 11.</p><p>The market has successfully told Microsoft that it is pointless to collect money from users to upgrade the system. As an operating system development company, Microsoft earns more software revenue from OEM licensing and commercial licensing. Therefore, it is very likely that Win11 will still adopt the free upgrade method of Win10 before.</p><p>Although Microsoft Windows 11 has sneaked away, in fact, Microsoft has left a lot of suspense for us. At 23: 00 on June 24th, Beijing time, when Microsoft officially holds a new product launch conference, these answers may be revealed.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/g8NrMXShsncnruGuc8TTjw\">腾讯科技</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a04bf2da8ab76e823e11aa8e2f8fa5a2","relate_stocks":{"MSFT":"微软"},"source_url":"https://mp.weixin.qq.com/s/g8NrMXShsncnruGuc8TTjw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121154040","content_text":"北京时间6月24日晚11点，微软将召开一场新品发布会，被微软CEO纳德拉称之为Windows十年来“最重要的更新”即将到来。\n尽管微软并没有在任何的公开场合确认过即将发布的新品，但因为6月16日Windows 11开发版本的重大泄露，让这件事变得没有那么神秘了。Windows 11将会成为今晚发布会的主角，而微软口中Windows十年最重要的更新，也已经在发布会之前就全方位的展示给我们了。\n但关于这场发布会，也不能说完全没有看点，其中还有一些细节值得我们关注。\nWindows 11在触摸和手势上能有何改善？\n\n很多人在体验过Windows 11的开发版本之后，发现这个所谓的“大版本”和之前的Windows 10相比，除了在界面上进行了一些设计调整，让它更贴合微软Fluent Design设计语言外，并让没有非常明显的功能性改进。\n甚至有的用户在体验完Windows 11开发版之后，给它了一个Windows 10皮肤的定位。\n从一定程度上讲，Windows 11确实不如之前从Win8转Win10时，设计改进巨大。但实际上如果你了解之前微软在Windows上的设计演进外，你会发现当下这个版本Windows 11实际上和已经被微软砍掉的Windows 10X有着极为相似的设计。\n包括“开始菜单居中、同屏多任务布局”等等在Windows 11开发版上出现的功能，原来都是Windows 10X的标配。\n所以目前泄露的Windows 11，更像是之前Windows 10X的迭代版本。但由于10X是微软为触摸双屏幕打造的产品，因此Windows 11将会在系统上增加哪些支持触摸操作的特性，将会成为今晚发布会上重要的看点。\n微软方面已经确认，正计划为未来的Windows版本 “创新和开发令人兴奋的传感器技术”。作为Windows 11或即将到来的Windows更新的一部分，“用户存在检测”、手势检测和环境光等流行功能将得到改进，以 “实现Windows上令人眼花缭乱的用户体验”。\n这意味着微软希望通过新的Windows 11来实现桌面和移动端的融合，尽管微软目前的手机项目基本上处于半放弃状态，但Surface依然需要触摸操作来实现在更多使用场景下的出色体验，因此Windows 11在触摸和手势上的改进，非常重要。\n全新的Windows App Store？\n\n尽管MacOS的App Store存在感也不强，但是相比之下，Windows 10目前提供的应用商店显得更加鸡肋。\n不过这件事可能会在今晚到来的Windows 11上大为改善。\n据媒体报道，微软一直在开发一个全新的应用商店，它更加的海纳百川也更加的自由。微软计划在新的应用商店中引入更多的开发者，比如Chorme或者Firefox这样的应用，未来都可以在微软应用商店进行下载。\n另外一个重大的改进，将会是支付机制上。微软或许将在新的应用商店中允许开发者绕过微软的支付机制，通过第三方的支付机制实现App内付款，以换得减免15%的微软抽成。\n如果这件事在今天晚上的发布会上成真，请别惊讶，毕竟微软现在正和Epic统一战线，以抵制苹果App Store高昂的“苹果税”。此举可能会影响到未来几年内，微软、苹果、Google这样的大公司，在应用服务上的收费方式重新洗牌。\n微软最近也宣布了将自家App Store中上架游戏的购买抽成从之前的30%降到12%，这大幅的优惠，让Steam这样的应用商店倍感压力。\nWindows 11将重点提升专业用户的使用感受？\nWindows作为全球最大的桌面操作系统，其专业能力其实一直被很多人忽视。而在此次Windows 11开发版中，我们其实看到了微软对于一些专业用户的优化改进。\n微软在新的Windows 11中，改善了多桌面之间切换的显示方式，同时对于多显示器的支持，也更加的出色，这从一定程度上解决了高端用户对于多任务处理上，多年积累的问题。\n\n同时Windows 11也更专注的改善了游戏用户的体验。在这套全新的操作系统上，新的Xbox应用程序现已集成到Windows 11中，提供对Xbox Game Pass游戏、Xbox网络的社交部分和Xbox商店的快速访问。\n同时目前Windows 11也已经在XBox上进行了测试，我们也希望看到更多XBox的功能被纳入到桌面端来，比如提供自动HDR显示功能，或者是更快的游戏加载速度等等，一次提升PC在游戏方面的体验。\n免费升级？\n\n是的，这是我们最希望在Windows 11上看到的。\n微软之前在Windows 7/8升级Windows 10时，采用了免费升级的方式，所有用户都可以升级对应的Win10版本。我们希望免费这件事，依然会出现在Windows 11上。\n市场已经成功的告诉微软，从用户手里收钱升级系统这件事是没有意义的，微软作为一家操作系统开发公司，更多软件的收入要来自OEM授权和商业许可。因此很有可能Win11依然会采用之前Win10免费升级的方式。\n尽管微软Windows 11已经偷跑，但实际上微软还是留下了不少悬念给我们。北京时间6月24日23点，微软正式召开新品发布会之时，这些答案可能会被揭开。","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126177046,"gmtCreate":1624549458285,"gmtModify":1703840191538,"author":{"id":"3575272463691980","authorId":"3575272463691980","name":"Chiazhe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575272463691980","idStr":"3575272463691980"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126177046","repostId":"1199120523","repostType":4,"repost":{"id":"1199120523","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":1624541451,"share":"https://ttm.financial/m/news/1199120523?lang=en_US&edition=fundamental","pubTime":"2021-06-24 21:30","market":"us","language":"zh","title":"Opening: Nasdaq, S&P hit new highs! Tech stocks continue strength","url":"https://stock-news.laohu8.com/highlight/detail?id=1199120523","media":"老虎资讯综合","summary":"6月24日（周四），纳斯达克综合指数开盘上涨91.1点，涨幅0.64%，报14362.8点；标普500指数开盘上涨22.36点，涨幅0.53%，报4264.20点；道琼斯指数开盘上涨182.35点，涨","content":"<p>On Thursday, June 24th, the Nasdaq Composite Index opened up 91.1 points, or 0.64%, at 14,362.8 points; The S&P 500 opened up 22.36 points, or 0.53%, at 4,264.20; The Dow opened up 182.35 points, or 0.54%, at 34,056.59.</p><p><img src=\"https://static.tigerbbs.com/95f1bc6c5ee7460a3506f35d137a3a29\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/90f02b2081ef4cd205fc04be09117cd5\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>At the open, up 0.8%, XPeng announced that the highest offering price for a public offering in Hong Kong was HK$180 or US$23.19 per share (equivalent to US$46.39 per ADS).</p><p><a href=\"https://laohu8.com/S/UXIN\">Uxin</a>It opened up more than 5%. At a regular press conference held by the Ministry of Commerce today, spokesman Gao Feng said that the Ministry of Commerce is working with relevant departments to accelerate the development of the used car market around cancelling the policy of restricting the relocation of used cars and facilitating the transaction of used cars.</p><p><a href=\"https://laohu8.com/S/LLY\">Lilly</a>With an increase of more than 8%, its Alzheimer's disease treatment drug donanemab has been certified as a breakthrough therapy by the U.S. Food and Drug Administration.</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>It opened up 0.51%. Microsoft shares hit an all-time high in intraday Wednesday, with a total market capitalization of $2 trillion. At 23:00 Beijing time tonight, Microsoft will release a new generation of Windows system Win11. It is reported that the new generation of Windows will provide many functions designed for the \"post-epidemic world\".</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose more than 2% before the market. Previously, the Tesla Model 3 was named the most-built car in the United States in 2021 by Cars.com, an American online car sales service.</p><p>Sub-IPO, customer experience management platform<a href=\"https://laohu8.com/S/CXM\">Sprinklr</a>It rose more than 15%, and closed up 10% on the first day of listing yesterday.</p><p><a href=\"https://laohu8.com/S/LAZR\">Luminar</a>Up more than 10%, its lidar technology will become standard on Volvo's upcoming all-electric flagship.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opening: Nasdaq, S&P hit new highs! Tech stocks continue strength</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpening: Nasdaq, S&P hit new highs! Tech stocks continue strength\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\">2021-06-24 21:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On Thursday, June 24th, the Nasdaq Composite Index opened up 91.1 points, or 0.64%, at 14,362.8 points; The S&P 500 opened up 22.36 points, or 0.53%, at 4,264.20; The Dow opened up 182.35 points, or 0.54%, at 34,056.59.</p><p><img src=\"https://static.tigerbbs.com/95f1bc6c5ee7460a3506f35d137a3a29\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/90f02b2081ef4cd205fc04be09117cd5\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>At the open, up 0.8%, XPeng announced that the highest offering price for a public offering in Hong Kong was HK$180 or US$23.19 per share (equivalent to US$46.39 per ADS).</p><p><a href=\"https://laohu8.com/S/UXIN\">Uxin</a>It opened up more than 5%. At a regular press conference held by the Ministry of Commerce today, spokesman Gao Feng said that the Ministry of Commerce is working with relevant departments to accelerate the development of the used car market around cancelling the policy of restricting the relocation of used cars and facilitating the transaction of used cars.</p><p><a href=\"https://laohu8.com/S/LLY\">Lilly</a>With an increase of more than 8%, its Alzheimer's disease treatment drug donanemab has been certified as a breakthrough therapy by the U.S. Food and Drug Administration.</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>It opened up 0.51%. Microsoft shares hit an all-time high in intraday Wednesday, with a total market capitalization of $2 trillion. At 23:00 Beijing time tonight, Microsoft will release a new generation of Windows system Win11. It is reported that the new generation of Windows will provide many functions designed for the \"post-epidemic world\".</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose more than 2% before the market. Previously, the Tesla Model 3 was named the most-built car in the United States in 2021 by Cars.com, an American online car sales service.</p><p>Sub-IPO, customer experience management platform<a href=\"https://laohu8.com/S/CXM\">Sprinklr</a>It rose more than 15%, and closed up 10% on the first day of listing yesterday.</p><p><a href=\"https://laohu8.com/S/LAZR\">Luminar</a>Up more than 10%, its lidar technology will become standard on Volvo's upcoming all-electric flagship.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199120523","content_text":"6月24日（周四），纳斯达克综合指数开盘上涨91.1点，涨幅0.64%，报14362.8点；标普500指数开盘上涨22.36点，涨幅0.53%，报4264.20点；道琼斯指数开盘上涨182.35点，涨幅0.54%，报34056.59点。\n\n\n小鹏汽车开盘涨0.8%，小鹏汽车公布：香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。\n优信开盘涨超5%。在今天商务部举行的例行新闻发布会上，新闻发言人高峰表示，商务部正会同有关部门，围绕取消二手车限迁政策、便利二手车交易等推动二手车市场加快发展。\n礼来开涨逾8%，其阿尔茨海默病治疗药物donanemab获美国食品药品监督管理局突破性疗法认证。\n微软开盘涨0.51%。微软股价周三盘中创历史新高，总市值达两万亿美元。北京时间今晚23:00，微软将发布全新一代Windows系统Win11。据悉，新一代Windows将提供多方面为“后疫情世界”设计的功能。\n特斯拉盘前涨超2%。此前特斯拉Model 3被美国在线汽车销售服务商Cars.com评为2021年美国制造最多的汽车。\n次新股、客户体验管理平台Sprinklr涨超15%，昨日上市首日收涨10%。\nLuminar涨超10%，其激光雷达技术将成为沃尔沃即将推出的全电动旗舰车的标准配备。","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126174678,"gmtCreate":1624549441694,"gmtModify":1703840191053,"author":{"id":"3575272463691980","authorId":"3575272463691980","name":"Chiazhe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575272463691980","idStr":"3575272463691980"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126174678","repostId":"1105253990","repostType":4,"repost":{"id":"1105253990","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":1624543189,"share":"https://ttm.financial/m/news/1105253990?lang=en_US&edition=fundamental","pubTime":"2021-06-24 21:59","market":"us","language":"zh","title":"Zhonggui Education Stocks Collectively Rebound, Gaotu Rises Over 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1105253990","media":"老虎资讯综合","summary":"周四美股盘中，中概教育股集体走高，截至发稿，$高途(GOTU)$涨7.3%，$掌门教育(ZME)$涨4.23%，$好未来(TAL)$涨4.14%，$新东方(EDU)$涨3.82%。","content":"<p>On Thursday, Chinese education stocks rose collectively in the U.S. stock market. As of press time,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>Up 7.3%,<a href=\"https://laohu8.com/S/ZME\">Leader Education</a>up 4.23%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>up 4.14%,<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>up 3.82%.</p><p><img src=\"https://static.tigerbbs.com/1361568be6786ad099d75fae05597ac8\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></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>Zhonggui Education Stocks Collectively Rebound, Gaotu Rises Over 7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZhonggui Education Stocks Collectively Rebound, Gaotu Rises Over 7%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-24 21:59</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On Thursday, Chinese education stocks rose collectively in the U.S. stock market. As of press time,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>Up 7.3%,<a href=\"https://laohu8.com/S/ZME\">Leader Education</a>up 4.23%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>up 4.14%,<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>up 3.82%.</p><p><img src=\"https://static.tigerbbs.com/1361568be6786ad099d75fae05597ac8\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3d0dcd81c76b57c004cab65425452aa1","relate_stocks":{"TAL":"好未来","ZME":"掌门教育","GOTU":"高途","EDU":"新东方"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105253990","content_text":"周四美股盘中，中概教育股集体走高，截至发稿，高途涨7.3%，掌门教育涨4.23%，好未来涨4.14%，新东方涨3.82%。","news_type":1,"symbols_score_info":{"ZME":0.9,"TAL":0.9,"EDU":0.9,"GOTU":0.9}},"isVote":1,"tweetType":1,"viewCount":2927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126175514,"gmtCreate":1624549414038,"gmtModify":1703840189269,"author":{"id":"3575272463691980","authorId":"3575272463691980","name":"Chiazhe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575272463691980","idStr":"3575272463691980"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126175514","repostId":"1173297432","repostType":4,"repost":{"id":"1173297432","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":1624546848,"share":"https://ttm.financial/m/news/1173297432?lang=en_US&edition=fundamental","pubTime":"2021-06-24 23:00","market":"us","language":"zh","title":"Tesla Gains More Than 5%, Model 3, Model Y May Sell Out in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1173297432","media":"老虎资讯综合","summary":"特斯拉的第三季度数据可能会相当令人印象深刻。","content":"<p>Market news, the current wait times for deliveries of the Model 3 and Model Y in the U.S. partially hint at<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Demand in the U.S. remains so strong that it could sell out in the third quarter. The estimated delivery date for both models is not until the third quarter of 2021. The Model Y Long Range Dual Motor AWD has an estimated delivery date of September 2021, and the Model 3 Standard Range and Long Range Dual Motor AWD have an estimated delivery date of 11 weeks.</p><p>With the Model S, and even the Model X entering the fray in the third quarter, Tesla's Q3 numbers could be quite impressive. Considering both flagships are high-margin models, Tesla's third-quarter financials could be boosted by the new Model S (and perhaps the new Model X).</p><p>Also according to Electrek data: Tesla models accounted for more than 54% of U.S. EV sales as of May 2021. Additionally, U.S. EV sales reached 53,779 units in May, up 19.2% from April 2021.</p><p>As of press time, Tesla rose by more than 5%.</p><p><img src=\"https://static.tigerbbs.com/4f87da9e5318350fee8df4e0885208cc\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></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>Tesla Gains More Than 5%, Model 3, Model Y May Sell Out in the U.S.</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 Gains More Than 5%, Model 3, Model Y May Sell Out in the U.S.\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\">2021-06-24 23:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Market news, the current wait times for deliveries of the Model 3 and Model Y in the U.S. partially hint at<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Demand in the U.S. remains so strong that it could sell out in the third quarter. The estimated delivery date for both models is not until the third quarter of 2021. The Model Y Long Range Dual Motor AWD has an estimated delivery date of September 2021, and the Model 3 Standard Range and Long Range Dual Motor AWD have an estimated delivery date of 11 weeks.</p><p>With the Model S, and even the Model X entering the fray in the third quarter, Tesla's Q3 numbers could be quite impressive. Considering both flagships are high-margin models, Tesla's third-quarter financials could be boosted by the new Model S (and perhaps the new Model X).</p><p>Also according to Electrek data: Tesla models accounted for more than 54% of U.S. EV sales as of May 2021. Additionally, U.S. EV sales reached 53,779 units in May, up 19.2% from April 2021.</p><p>As of press time, Tesla rose by more than 5%.</p><p><img src=\"https://static.tigerbbs.com/4f87da9e5318350fee8df4e0885208cc\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9e0d9f23e003547a93295253f05b6a55","relate_stocks":{"TSLA":"特斯拉"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173297432","content_text":"市场消息，Model 3和Model Y目前在美国的交付等待时间部分暗示了特斯拉在美国的需求仍非常强劲，以至于可能会在第三季度销售一空。这两款车型的预计交付日期都要到2021年第三季度。Model Y长续航双电机全轮驱动版(Long Range Dual Motor AWD)预计交付日期为2021年9月，Model 3标准续航版和长续航双电机全轮驱动版预计交付日期为11周。\n随着Model S，甚至Model X在第三季度加入竞争，特斯拉的第三季度数据可能会相当令人印象深刻。考虑到这两款旗舰车都是高利润车型，特斯拉第三季度的财务状况可能会因为新款Model S(或许还有新款Model X)而得到提振。\n另据Electrek数据：截至2021年5月，特斯拉车型占美国电动汽车销量的54%以上。 此外，5月份美国电动汽车销量达到53779辆，比2021年4月增长了19.2%。\n截至发稿，特斯拉涨超5%。","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167824894,"gmtCreate":1624260788418,"gmtModify":1703831816796,"author":{"id":"3575272463691980","authorId":"3575272463691980","name":"Chiazhe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575272463691980","idStr":"3575272463691980"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167824894","repostId":"1171966944","repostType":4,"repost":{"id":"1171966944","kind":"news","pubTimestamp":1624254615,"share":"https://ttm.financial/m/news/1171966944?lang=en_US&edition=fundamental","pubTime":"2021-06-21 13:50","market":"hk","language":"zh","title":"To miss SaaS is to miss this era","url":"https://stock-news.laohu8.com/highlight/detail?id=1171966944","media":"ToB老人家","summary":"01 人生最重要的决定\n6年前，我作出了人生最重要的一个决定：转行！\n那时我还在如日中天的Oracle公司，虽然传统软件仍然是各大企业的首选，但在资本的助推下，中国SaaS开始崭露头角。\n\n2013到","content":"<p><b>01 The most important decision in life</b></p><p>Six years ago, I made the most important decision in my life: change career!</p><p>At that time, I was still in Oracle, which was at its peak. Although traditional software was still the first choice of major enterprises, with the help of capital, China's SaaS began to emerge.</p><p><img src=\"https://static.tigerbbs.com/a5c23147277c69f98011dc3b27b8969c\" tg-width=\"208\" tg-height=\"152\" referrerpolicy=\"no-referrer\"></p><p>China's SaaS Financing Trends from 2013 to 2015</p><p>At that time, as a typical European and American enterprise, the second largest software company in the world (the first is<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>), Oracle's benefits are excellent: competitive pay, no 996, plus long annual leave and various training opportunities. But I resolutely gave up all this and chose to join a SaaS company<a href=\"https://laohu8.com/S/V03.SI\">Startups</a>It is because I have strongly felt that traditional software is declining, and the future must belong to SaaS.</p><p>More crucially, I realized that for us ordinary IT folks, SaaS would be the best opportunity of this era. I even think that missing SaaS is missing this era.</p><p><b>02 Trend of the Era</b></p><p>In 2017, Wang Xing, CEO of Meituan, said in a speech entitled \"The Second Half of the Internet\": An important direction of Internet entrepreneurship is to dive deep into the sub-sectors. To understand all aspects of the industry, transform the industry and create new value. Wang Xing said, \"Take Meituan Comments as an example. Before, it was more about group buying and takeout, serving the C-end. But now I'm starting to get more involved in B-end businesses, such as restaurant management. \"</p><p>In China, the mobile internet has profoundly changed everyone's life. According to the China Internet Network Information Center, as of December 2020, the number of mobile Internet users in China has reached 986 million. According to the statistics of Qianzhan Industry Research Institute, as of December 2020, the average online time of mobile Internet users in China has reached 5.72 hours/day.</p><p>When most of the Chinese have become<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Heavy mobile phone users mean that enterprises must also conform to the trend of the times and migrate products and management to the mobile Internet.</p><p>However, for the software industry, the mobile Internet is more than just an APP. The deeper concept lies in: taking the user as the center and attaching importance to the mobile experience; Continuous iteration and quick adjustment. Compared with traditional software, China's SaaS is undoubtedly more in line with the concept of mobile Internet. It is the general trend for enterprises to gradually replace the original traditional software with SaaS software.</p><p><b>03 Take Control of Your Work</b></p><p>I believe that many product managers who do internal systems have had a deep sense of powerlessness: the product department is an auxiliary department, and it always revolves around the business department. If the business department's ability is strong, it's nothing more than a little harder work, and it can also enjoy the dividends of the company's growth; If the business department lacks capacity, or the company's business can't open up, it will be difficult for the product department alone to make a breakthrough. Even product managers may become scapegoats: if the business is not progressing, why do product managers keep them?</p><p>As a SaaS product manager, you rarely have this kind of worry.</p><p>First of all, software products are the main profit body of SaaS companies, which means that compared with other departments, the product department is the core business department. Product managers don't need to look at the faces of other business units.</p><p>Second, most successful SaaS companies meet the needs of a large number of customers through a set of standardized products. It will not affect the overall planning and design of products because of the requirements of a certain customer. In order to reduce the disruption to product managers and allow them to focus on building the best products, product managers tend to have a high degree of autonomy in SaaS companies. This kind of autonomy includes: demand authenticity judgment, priority judgment and so on.</p><p>A SaaS founder said to me, \"In our company, customers and sales don't count. Product iteration is mainly based on product department, otherwise the product will become very bloated\". Actually, in SaaS companies, this rule is very common.</p><p>As a result, as a SaaS product manager, you have more control over your work than an in-house product manager.</p><p><b>04 Opportunities for Ordinary People</b></p><p>In the traditional software era, Oracle and SAP are all-take-all in many industries, such as Huawei, Lenovo, Volkswagen,<a href=\"https://laohu8.com/S/601988\">Bank of China</a>、<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Their clients. This is due to the fact that they can carry out large-scale secondary development according to the needs of each customer, so the requirements for product standardization capabilities are relatively low.</p><p>However, in the SaaS era, the requirements for product standardization capabilities are higher, and a good user experience must also be taken into account. In order to achieve this, most SaaS products have to focus on a few industries or fields. For example, even if the market value has surpassed that of Oracle<a href=\"https://laohu8.com/S/CRM\">Salesforce</a>(data as of 2021/6/19), its SaaS products are still focused on the CRM field. While<a href=\"https://laohu8.com/S/WDAY\">Workday</a>Slack and Shopify have become SaaS enterprises with a market value of 100 billion or even trillion yuan in the fields of HR, office collaboration and e-commerce respectively.</p><p>Similarly, SaaS in China is mostly vertical products. For example, sales in CRM field are easy, Beisen in HR field, Youzan in e-commerce field and so on. This means that customers from all walks of life need more SaaS products.</p><p>Unlike BAT and other enterprises that value the background of famous schools, SaaS companies value the understanding of B-end business more. Therefore, for product managers or other positions born in small and medium-sized factories, transforming SaaS is a more reliable opportunity.</p><p>In addition, compared with foreign countries, China's SaaS started late, and there is still a lot of room for development. As of June 19, 2021, there have been<a href=\"https://laohu8.com/S/ADBE\">Adobe</a>Salesfore, Shopify and other SaaS companies with a market value of over 1 trillion yuan. In China, the first SaaS companies to go public are Zan and Weimeng, with market values of less than 40 billion yuan in the same period, which are orders of magnitude different from foreign SaaS giants.</p><p>However, for us, the sooner we enter a sunrise industry, the sooner we can enjoy the dividends of industry development.</p><p><b>05 Changing the World</b></p><p>Why did I leave the world-renowned Oracle company and move to a little-known startup? Because the dream calls.</p><p>Life is like a river. What matters is not the noble birth, but the continuous blessing of all living beings. Great life, like the Amazon River, winds 6,400 kilometers and nurtures 40% of the South American continent.</p><p>The core of SaaS operation is to serve a large number of enterprises through standardized products. This means that the products we design can spread to thousands of enterprises, bringing them easier ways of working and higher profits. Imagine how fulfilling it is that you design and launch a small feature that can be used by thousands of businesses the next day. Moreover, even after leaving the company, the products we were responsible for will continue to benefit the society and become our business cards in life.</p><p>For example, I was once responsible for an order management SaaS product for small and medium-sized enterprises, which iterated from lack of care to several times the number of orders; I was also responsible for a channel management SaaS product for large enterprises, which not only achieved 0 to 1, but also personally participated in winning benchmark customers. Both of these products are developing very well at present, and although I am no longer responsible for them, they have left an indelible mark on me.</p><p>Therefore, choosing to be a SaaS product manager is like choosing to be a small river with still water: it is unlikely to be magnificent, but it is likely to meander long and endless.</p><p><b>06 The closest person to a CEO</b></p><p>As the core position of SaaS company, SaaS product manager needs to have all-round capabilities and pursue the ultimate work attitude.</p><p>In addition to the business sorting and product design abilities that general B-end product managers need to have, SaaS product managers must also have a strong business awareness and Owner awareness.</p><p>Customers pay for access to SaaS products. Therefore, the positioning of products and the matching degree with customers' business will determine the fate of a product to a large extent, thus affecting the company's income and prospects. If the product manager lacks business awareness and pursues the ultimate work attitude, and can only passively design products according to the requirements of leaders or customers, it is difficult for such product managers to stand alone.</p><p>In order to reduce the cost of enterprise training and lower the threshold of talents, SaaS products are highly available, that is, they can be operated without training. At the same time, operational efficiency is also very important, because sometimes even more clicks will cause a heavy operational burden on business personnel. This forces SaaS product managers to design every product detail.</p><p>Becoming a SaaS product manager means constantly improving business awareness and polishing the ultimate work attitude. Therefore, I think that a good SaaS product manager is the closest person to the CEO of a SaaS company.</p><p><b>07 Don't Miss SaaS</b></p><p>China's SaaS is just getting started. As a disruptor of traditional software, SaaS still has a long way to go. Something like:</p><p><ul><li>Pursuing standardized SaaS, how to meet the personalized needs of large enterprises?</p><p></li><li>How can vertical SaaS, which works independently, meet the needs of one-stop solutions for large enterprises?</p><p></li><li>In the face of small and micro enterprises lacking talent and management capabilities, how to truly empower them through SaaS?</p><p></li><li>Under the wave of digitalization, how to meet the needs of enterprise transformation consulting?</p><p></li><li>In the age of intelligence, how can SaaS integrate with AI?</p><p></li><li>Under the background of globalization, how does China's SaaS go global?</p><p></li></ul>In the face of new things, ordinary people see difficulties, while experts see opportunities.</p><p>China's SaaS is not perfect, and it should be said that there are still many problems. But, for a thing that represents a trend, the more problems there are, the greater the chance; The less perfect, the more promising.</p><p>This is the worst SaaS and the best SaaS. Don't miss SaaS, like don't miss this era.</p>","source":"lsy1624254627080","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>To miss SaaS is to miss this era</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTo miss SaaS is to miss this era\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">ToB老人家</strong><span class=\"h-time small\">2021-06-21 13:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>01 The most important decision in life</b></p><p>Six years ago, I made the most important decision in my life: change career!</p><p>At that time, I was still in Oracle, which was at its peak. Although traditional software was still the first choice of major enterprises, with the help of capital, China's SaaS began to emerge.</p><p><img src=\"https://static.tigerbbs.com/a5c23147277c69f98011dc3b27b8969c\" tg-width=\"208\" tg-height=\"152\" referrerpolicy=\"no-referrer\"></p><p>China's SaaS Financing Trends from 2013 to 2015</p><p>At that time, as a typical European and American enterprise, the second largest software company in the world (the first is<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>), Oracle's benefits are excellent: competitive pay, no 996, plus long annual leave and various training opportunities. But I resolutely gave up all this and chose to join a SaaS company<a href=\"https://laohu8.com/S/V03.SI\">Startups</a>It is because I have strongly felt that traditional software is declining, and the future must belong to SaaS.</p><p>More crucially, I realized that for us ordinary IT folks, SaaS would be the best opportunity of this era. I even think that missing SaaS is missing this era.</p><p><b>02 Trend of the Era</b></p><p>In 2017, Wang Xing, CEO of Meituan, said in a speech entitled \"The Second Half of the Internet\": An important direction of Internet entrepreneurship is to dive deep into the sub-sectors. To understand all aspects of the industry, transform the industry and create new value. Wang Xing said, \"Take Meituan Comments as an example. Before, it was more about group buying and takeout, serving the C-end. But now I'm starting to get more involved in B-end businesses, such as restaurant management. \"</p><p>In China, the mobile internet has profoundly changed everyone's life. According to the China Internet Network Information Center, as of December 2020, the number of mobile Internet users in China has reached 986 million. According to the statistics of Qianzhan Industry Research Institute, as of December 2020, the average online time of mobile Internet users in China has reached 5.72 hours/day.</p><p>When most of the Chinese have become<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Heavy mobile phone users mean that enterprises must also conform to the trend of the times and migrate products and management to the mobile Internet.</p><p>However, for the software industry, the mobile Internet is more than just an APP. The deeper concept lies in: taking the user as the center and attaching importance to the mobile experience; Continuous iteration and quick adjustment. Compared with traditional software, China's SaaS is undoubtedly more in line with the concept of mobile Internet. It is the general trend for enterprises to gradually replace the original traditional software with SaaS software.</p><p><b>03 Take Control of Your Work</b></p><p>I believe that many product managers who do internal systems have had a deep sense of powerlessness: the product department is an auxiliary department, and it always revolves around the business department. If the business department's ability is strong, it's nothing more than a little harder work, and it can also enjoy the dividends of the company's growth; If the business department lacks capacity, or the company's business can't open up, it will be difficult for the product department alone to make a breakthrough. Even product managers may become scapegoats: if the business is not progressing, why do product managers keep them?</p><p>As a SaaS product manager, you rarely have this kind of worry.</p><p>First of all, software products are the main profit body of SaaS companies, which means that compared with other departments, the product department is the core business department. Product managers don't need to look at the faces of other business units.</p><p>Second, most successful SaaS companies meet the needs of a large number of customers through a set of standardized products. It will not affect the overall planning and design of products because of the requirements of a certain customer. In order to reduce the disruption to product managers and allow them to focus on building the best products, product managers tend to have a high degree of autonomy in SaaS companies. This kind of autonomy includes: demand authenticity judgment, priority judgment and so on.</p><p>A SaaS founder said to me, \"In our company, customers and sales don't count. Product iteration is mainly based on product department, otherwise the product will become very bloated\". Actually, in SaaS companies, this rule is very common.</p><p>As a result, as a SaaS product manager, you have more control over your work than an in-house product manager.</p><p><b>04 Opportunities for Ordinary People</b></p><p>In the traditional software era, Oracle and SAP are all-take-all in many industries, such as Huawei, Lenovo, Volkswagen,<a href=\"https://laohu8.com/S/601988\">Bank of China</a>、<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Their clients. This is due to the fact that they can carry out large-scale secondary development according to the needs of each customer, so the requirements for product standardization capabilities are relatively low.</p><p>However, in the SaaS era, the requirements for product standardization capabilities are higher, and a good user experience must also be taken into account. In order to achieve this, most SaaS products have to focus on a few industries or fields. For example, even if the market value has surpassed that of Oracle<a href=\"https://laohu8.com/S/CRM\">Salesforce</a>(data as of 2021/6/19), its SaaS products are still focused on the CRM field. While<a href=\"https://laohu8.com/S/WDAY\">Workday</a>Slack and Shopify have become SaaS enterprises with a market value of 100 billion or even trillion yuan in the fields of HR, office collaboration and e-commerce respectively.</p><p>Similarly, SaaS in China is mostly vertical products. For example, sales in CRM field are easy, Beisen in HR field, Youzan in e-commerce field and so on. This means that customers from all walks of life need more SaaS products.</p><p>Unlike BAT and other enterprises that value the background of famous schools, SaaS companies value the understanding of B-end business more. Therefore, for product managers or other positions born in small and medium-sized factories, transforming SaaS is a more reliable opportunity.</p><p>In addition, compared with foreign countries, China's SaaS started late, and there is still a lot of room for development. As of June 19, 2021, there have been<a href=\"https://laohu8.com/S/ADBE\">Adobe</a>Salesfore, Shopify and other SaaS companies with a market value of over 1 trillion yuan. In China, the first SaaS companies to go public are Zan and Weimeng, with market values of less than 40 billion yuan in the same period, which are orders of magnitude different from foreign SaaS giants.</p><p>However, for us, the sooner we enter a sunrise industry, the sooner we can enjoy the dividends of industry development.</p><p><b>05 Changing the World</b></p><p>Why did I leave the world-renowned Oracle company and move to a little-known startup? Because the dream calls.</p><p>Life is like a river. What matters is not the noble birth, but the continuous blessing of all living beings. Great life, like the Amazon River, winds 6,400 kilometers and nurtures 40% of the South American continent.</p><p>The core of SaaS operation is to serve a large number of enterprises through standardized products. This means that the products we design can spread to thousands of enterprises, bringing them easier ways of working and higher profits. Imagine how fulfilling it is that you design and launch a small feature that can be used by thousands of businesses the next day. Moreover, even after leaving the company, the products we were responsible for will continue to benefit the society and become our business cards in life.</p><p>For example, I was once responsible for an order management SaaS product for small and medium-sized enterprises, which iterated from lack of care to several times the number of orders; I was also responsible for a channel management SaaS product for large enterprises, which not only achieved 0 to 1, but also personally participated in winning benchmark customers. Both of these products are developing very well at present, and although I am no longer responsible for them, they have left an indelible mark on me.</p><p>Therefore, choosing to be a SaaS product manager is like choosing to be a small river with still water: it is unlikely to be magnificent, but it is likely to meander long and endless.</p><p><b>06 The closest person to a CEO</b></p><p>As the core position of SaaS company, SaaS product manager needs to have all-round capabilities and pursue the ultimate work attitude.</p><p>In addition to the business sorting and product design abilities that general B-end product managers need to have, SaaS product managers must also have a strong business awareness and Owner awareness.</p><p>Customers pay for access to SaaS products. Therefore, the positioning of products and the matching degree with customers' business will determine the fate of a product to a large extent, thus affecting the company's income and prospects. If the product manager lacks business awareness and pursues the ultimate work attitude, and can only passively design products according to the requirements of leaders or customers, it is difficult for such product managers to stand alone.</p><p>In order to reduce the cost of enterprise training and lower the threshold of talents, SaaS products are highly available, that is, they can be operated without training. At the same time, operational efficiency is also very important, because sometimes even more clicks will cause a heavy operational burden on business personnel. This forces SaaS product managers to design every product detail.</p><p>Becoming a SaaS product manager means constantly improving business awareness and polishing the ultimate work attitude. Therefore, I think that a good SaaS product manager is the closest person to the CEO of a SaaS company.</p><p><b>07 Don't Miss SaaS</b></p><p>China's SaaS is just getting started. As a disruptor of traditional software, SaaS still has a long way to go. Something like:</p><p><ul><li>Pursuing standardized SaaS, how to meet the personalized needs of large enterprises?</p><p></li><li>How can vertical SaaS, which works independently, meet the needs of one-stop solutions for large enterprises?</p><p></li><li>In the face of small and micro enterprises lacking talent and management capabilities, how to truly empower them through SaaS?</p><p></li><li>Under the wave of digitalization, how to meet the needs of enterprise transformation consulting?</p><p></li><li>In the age of intelligence, how can SaaS integrate with AI?</p><p></li><li>Under the background of globalization, how does China's SaaS go global?</p><p></li></ul>In the face of new things, ordinary people see difficulties, while experts see opportunities.</p><p>China's SaaS is not perfect, and it should be said that there are still many problems. But, for a thing that represents a trend, the more problems there are, the greater the chance; The less perfect, the more promising.</p><p>This is the worst SaaS and the best SaaS. Don't miss SaaS, like don't miss this era.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/uUEIASQB9iioeX9lyS1t8w\">ToB老人家</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4a9699fd03ca97c5defc830f7c544662","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/uUEIASQB9iioeX9lyS1t8w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171966944","content_text":"01 人生最重要的决定\n6年前，我作出了人生最重要的一个决定：转行！\n那时我还在如日中天的Oracle公司，虽然传统软件仍然是各大企业的首选，但在资本的助推下，中国SaaS开始崭露头角。\n\n2013到2015年中国SaaS融资趋势\n当时，作为典型的欧美企业，全球第二大软件公司（第一是微软），Oracle的福利非常优渥：有竞争力的薪酬，没有996，外加超长年假和各种培训机会。但是我毅然放弃这一切，选择加入一家SaaS创业公司，就在于我已经强烈感受到，传统软件正在走向衰败，未来一定属于SaaS。\n更关键的是，我意识到，对于我们这些平凡的IT人来说，SaaS将是这个时代最好的机遇。我甚至认为，错过SaaS，就是错过这个时代。\n02 时代的趋势\n2017年，美团CEO王兴在一场名为“互联网下半场“的演讲中表示：互联网创业的一个重要方向就是深度扎到细分行业里去。要了解行业的方方面面，去改造行业、创造新的价值。王兴说：“以美团点评为例，之前更多都是做团购、外卖，服务于C端。但是现在开始更多介入B端业务，比如餐厅管理等。”\n在中国，移动互联网已经深刻改变了每个人的生活。据中国互联网络信息中心统计，截至2020年12月，中国手机网民已达9.86亿。而据前瞻产业研究院统计，截止2020年12月，中国手机网民网民平均上网时长已达到5.72小时/天。\n当大部分中国人已经成为智能手机重度用户，意味着企业也必须顺应时代潮流，将产品和管理都迁移到移动互联网上。\n但是，对于软件产业来说，移动互联网不仅仅是APP那么简单。更深层次的理念在于：以用户为中心，重视移动端体验；持续迭代，快速调整。而相对于传统软件，中国SaaS无疑更符合移动互联网的理念。企业逐步用SaaS软件替换原有传统软件，是大势所趋。\n03 掌控自己的工作\n相信很多做内部系统的产品经理，都有过深深的无力感：产品部门是辅助部门，永远都围绕着业务部门转。如果业务部门能力强还好，无非是辛苦一点，还能够享受公司成长的红利；如果碰到业务部门能力欠缺，或者公司业务打不开局面，单靠产品部门就很难有突破。甚至产品经理还可能成为替罪羊：业务没有进展，产品经理还留着干嘛？\n作为SaaS产品经理，就很少有这种烦恼。\n首先，软件产品就是SaaS公司的盈利主体，这就意味着，相对于其他部门，产品部才是最核心的业务部门。产品经理不需要看其他业务部门的脸色。\n其次，大多数成功的SaaS公司，都是通过一套标准化产品满足海量客户的需求。不会因为某一个客户的要求，而影响产品的整体规划和设计。为了降低产品经理受到的干扰，让他们集中精力构建最优秀的产品，在SaaS公司，产品经理往往具有高度自主权。这种自主权包括：需求真伪判定、优先级判定等等。\n一位SaaS创始人对我说：“在我们公司，客户和销售说了都不算，产品迭代以产品部为主，否则产品就会变得很臃肿”。实际上，在SaaS公司，这种规则非常普遍。\n因此，作为SaaS产品经理，比内部产品经理更能掌控自己的工作。\n04 平凡人的机遇\n在传统软件时代，Oracle、SAP都是多个行业通吃，比如华为、联想、大众汽车、中国银行、阿里巴巴都是他们的客户。这得益于，他们可以根据每个客户的需求进行大规模二次开发，因此对产品标准化能力要求相对较低。\n但在SaaS时代，对产品标准化能力要求更高，还必须同时兼顾良好的用户体验。为了实现这一点，大部分SaaS产品不得不聚焦于少数行业或领域。比如，即便是市值已经超越Oracle的Salesforce（截止2021/6/19数据），其SaaS产品仍然聚焦于CRM领域。而Workday、Slack、Shopify则分别在HR、办公协同和电商领域成为千亿甚至万亿元市值的SaaS企业。\n同样，中国SaaS也多为垂直化产品。比如，CRM领域的销售易，HR领域的北森，电商领域的有赞等等。这就意味着，各行各业的客户需要更多的SaaS产品。\n不同于BAT等企业看重名校背景，SaaS公司更看重对B端业务的理解。因此，对于中小厂出身的产品经理或者其他岗位来说，转型SaaS才是更靠谱的机会。\n另外，相对于国外，中国SaaS起步较晚，还有很大的发展空间。截止到2021年6月19日，国外已经有Adobe、Salesfore、Shopify等市值超10,000亿元的SaaS企业。而在中国，率先上市的SaaS企业有赞和微盟，同期市值均不到400亿元，和国外SaaS巨头存在数量级的差异。\n但是，对于我们来说，越早进入一个朝阳行业，越早能够享受到行业发展的红利。\n05 改变世界\n为什么我离开世界知名的Oracle公司，跳槽到名不经传的创业公司？因为梦想的召唤。\n人生就像一条河流，重要的不是出身高贵，而是连绵不绝、福泽众生。伟大的人生，就如同亚马孙河，蜿蜒6400公里，哺育了南美大陆40%的面积。\nSaaS经营的核心，是通过标准化产品，服务海量企业。这就意味着，我们设计的产品，可以传播到千千万万企业，给他们带来更轻松的工作方式和更高的利润。想象一下，你设计并上线了一个小功能，第二天就能被上千家企业使用，这是多么有成就感的事情。而且，即便离开了公司，我们曾负责的产品，仍然会源源不断造福社会，成为我们人生的名片。\n比如，我曾经负责过一款面向中小企业的订单管理SaaS产品，将它从乏人问津迭代到订单数量几倍的增长；我还曾经负责过一款面向大型企业的渠道管理SaaS产品，不但实现了0到1，还亲自参与拿下标杆客户。这两款产品目前发展都很不错，虽然我不再负责，但是它们身上已经留下我不可磨灭的烙印。\n因此，选择做SaaS产品经理，就像选择做一条静水长流的小河：它不太可能波澜壮阔，但它很可能蜿蜒绵长，生生不息。\n06 最接近CEO的人\n作为SaaS公司最核心的岗位，SaaS产品经理需要具备全方位的能力，以及追求极致的工作态度。\n除了一般B端产品经理需要具备的业务梳理、产品设计等能力，SaaS产品经理还必须具备较强的商业意识和Owner意识。\n客户为SaaS产品的使用权付费。因此，产品的定位、与客户业务的匹配度会在很大程度上决定一个产品的命运，进而影响到公司的收入和前景。如果产品经理缺乏商业意识，以及追求极致的工作态度，只能被动按照领导或者客户的要求设计产品，这样的产品经理就很难独当一面。\n为了降低企业培训成本，降低人才门槛，SaaS产品非常追求高可用，即不需要培训就能够上手操作。同时，操作效率也非常重要，因为有时候哪怕只是多点击一下，也会对业务人员造成很重的操作负担。这就倒逼SaaS产品经理设计好每一个产品细节。\n成为SaaS产品经理，就意味着需要不断提升商业意识、打磨极致化的工作态度。因此，我认为，优秀的SaaS产品经理，是最接近SaaS公司CEO的人。\n07 不要错过SaaS\n中国SaaS才刚起步。作为传统软件的颠覆者，SaaS还有很长的路要走。比如：\n\n追求标准化的SaaS，如何满足大企业的个性化需求？\n各自为政的垂直型SaaS，如何满足大企业一站式解决方案的需求？\n面对缺乏人才和管理能力的小微企业，如何通过SaaS真正为他们赋能？\n数字化浪潮下，如何满足企业转型咨询的需求？\n智能时代，SaaS如何与AI融合？\n全球化背景下，中国SaaS如何走向世界？\n\n在新事物面前，普通人看到的是困难，而高手看到的则是机会。\n中国SaaS并不完美，应该说，问题还不少。但是，对于一个代表趋势的事物，问题越多，机会越大；越不完美，越有可期。\n这是最坏的SaaS，也是最好的SaaS。不要错过SaaS，就像不要错过这个时代。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2731,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167824968,"gmtCreate":1624260773154,"gmtModify":1703831816309,"author":{"id":"3575272463691980","authorId":"3575272463691980","name":"Chiazhe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575272463691980","idStr":"3575272463691980"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167824968","repostId":"2145333083","repostType":4,"repost":{"id":"2145333083","kind":"highlight","pubTimestamp":1624255051,"share":"https://ttm.financial/m/news/2145333083?lang=en_US&edition=fundamental","pubTime":"2021-06-21 13:57","market":"hk","language":"zh","title":"Evergrande transfers controlling stake in Jiakai City, and Xu Jiayin's old friend takes over","url":"https://stock-news.laohu8.com/highlight/detail?id=2145333083","media":"华尔街见闻","summary":"到手不到五年，许家印把嘉凯城的控制权转给了自己的老朋友。\n6月21日午间嘉凯城公告称，收到控股股东广东广州市凯隆置业有限公司（以下简称“广州凯隆”）通知，公司29.9%的股份将转让给深圳市华建控股有限","content":"<p>Less than five years after getting it, Xu Jiayin took<a href=\"https://laohu8.com/S/000918\">Jiakai City</a>Control of his old friend.</p><p>At noon on June 21, Jiakaicheng announced that it had received a notice from its controlling shareholder Guangdong Guangzhou Kailong Real Estate Co., Ltd. (hereinafter referred to as \"Guangzhou Kailong\") that 29.9% of the company's shares would be transferred to Shenzhen<a href=\"https://laohu8.com/S/00479\">Huajian Holdings</a>Co., Ltd. (hereinafter referred to as \"Huajian Holdings\"), after the transaction is completed, the remaining shares of Guangzhou Kailong account for about 27.85% of the company's total shares, and will voluntarily give up the voting rights of the above shares.</p><p>According to the Share Transfer Framework Agreement signed by Guangzhou Kailong and Huajian Holdings, after the transaction is completed, the company's control right will change. However, matters related to the transaction still need to pass the centralized review of operators of the State Administration for Market Regulation.</p><p>The announcement shows that Huajian Holdings is mainly engaged in equity investment business, and the actual controller is Wang Zhongming.</p><p>Jiakaicheng said in the announcement that Guangzhou Kailong plans to transfer the control of listed companies by agreement in order to solve the problem of horizontal competition with listed companies and protect the interests of small and medium shareholders.</p><p>According to the previous announcement of Jiakai City, Guangzhou Kailong promised to solve the problem of horizontal competition with Jiakai City before July 31 this year.</p><p>In August 2016, Evergrande Group took over 52.78% of the shares of Jiakai City from several state-owned shareholders of Jiakai City, and thus became the controlling shareholder of Jiakai City.</p><p>In the agreement at that time, Evergrande promised that within one year after the successful equity transfer, Jiakai City would still focus on real estate, and within three years, it would complete the resolution of horizontal competition.</p><p>Three years later, on July 29, 2019, Jiakaicheng stated that the horizontal competition with Evergrande Real Estate must be postponed for two years. The main reason is that due to factors such as the regulation of the real estate market and the price limit in some cities, the real estate sales cannot be cleared in time. At the same time, the second main business of Jiakai City is in the training stage. In order to ensure the sustainable operation ability of listed companies, it is not in the interests of all shareholders, especially small and medium-sized shareholders, to liquidate all the real estate business in a short time.</p><p>Only two years later, Jiakai City still focuses on real estate sales.</p><p>According to the financial report data of Jiakaicheng, in the whole year of 2020, its operating income was 999 million yuan, a year-on-year decrease of 39.47%, and the net profit loss attributable to shareholders of listed companies was 1.261 billion yuan, a year-on-year decrease of 1202.64%. Housing sales contributed the main revenue, which was 608 million yuan, a year-on-year decrease of 21.2%, accounting for 60.82% of revenue.</p><p>As the second main business of Jiakai City, cinema has not brought a lot of profits to Jiakai City. As of the end of last year, Jiakai City's cinema revenue was 238 million yuan, accounting for 23.8% of revenue, a year-on-year decrease of 61.56%.</p><p>In addition, the data of the first quarter report shows that the net cash flow generated by Jiakai City's operating activities is 161 million yuan, the monetary funds held are 104 million yuan, and the short-term loans are 286 million yuan. It is obviously difficult for monetary funds to cover its short-term debts.</p><p>This transaction allows Evergrande to realize the return of funds and solve the problem of horizontal competition.</p><p>As for the takeover Wang Zhongming, industrial and commercial information shows that Wang Zhongming is the chairman of Shenzhen Cuilin Investment Holding Group Co., Ltd., and Cuilin Investment has taken over Evergrande Bingquan and participated in<a href=\"https://laohu8.com/S/00708\">Evergrande Auto</a>Battle throws.</p><p>At present, industrial and commercial information shows that Evergrande Agriculture and Animal Husbandry Group, Evergrande Mineral Water Group, Evergrande Dairy Group and Evergrande Cereals and Oils Group are all wholly owned by Cuilin Investment.</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>Evergrande transfers controlling stake in Jiakai City, and Xu Jiayin's old friend takes over</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\">\nEvergrande transfers controlling stake in Jiakai City, and Xu Jiayin's old friend takes over\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\">2021-06-21 13:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Less than five years after getting it, Xu Jiayin took<a href=\"https://laohu8.com/S/000918\">Jiakai City</a>Control of his old friend.</p><p>At noon on June 21, Jiakaicheng announced that it had received a notice from its controlling shareholder Guangdong Guangzhou Kailong Real Estate Co., Ltd. (hereinafter referred to as \"Guangzhou Kailong\") that 29.9% of the company's shares would be transferred to Shenzhen<a href=\"https://laohu8.com/S/00479\">Huajian Holdings</a>Co., Ltd. (hereinafter referred to as \"Huajian Holdings\"), after the transaction is completed, the remaining shares of Guangzhou Kailong account for about 27.85% of the company's total shares, and will voluntarily give up the voting rights of the above shares.</p><p>According to the Share Transfer Framework Agreement signed by Guangzhou Kailong and Huajian Holdings, after the transaction is completed, the company's control right will change. However, matters related to the transaction still need to pass the centralized review of operators of the State Administration for Market Regulation.</p><p>The announcement shows that Huajian Holdings is mainly engaged in equity investment business, and the actual controller is Wang Zhongming.</p><p>Jiakaicheng said in the announcement that Guangzhou Kailong plans to transfer the control of listed companies by agreement in order to solve the problem of horizontal competition with listed companies and protect the interests of small and medium shareholders.</p><p>According to the previous announcement of Jiakai City, Guangzhou Kailong promised to solve the problem of horizontal competition with Jiakai City before July 31 this year.</p><p>In August 2016, Evergrande Group took over 52.78% of the shares of Jiakai City from several state-owned shareholders of Jiakai City, and thus became the controlling shareholder of Jiakai City.</p><p>In the agreement at that time, Evergrande promised that within one year after the successful equity transfer, Jiakai City would still focus on real estate, and within three years, it would complete the resolution of horizontal competition.</p><p>Three years later, on July 29, 2019, Jiakaicheng stated that the horizontal competition with Evergrande Real Estate must be postponed for two years. The main reason is that due to factors such as the regulation of the real estate market and the price limit in some cities, the real estate sales cannot be cleared in time. At the same time, the second main business of Jiakai City is in the training stage. In order to ensure the sustainable operation ability of listed companies, it is not in the interests of all shareholders, especially small and medium-sized shareholders, to liquidate all the real estate business in a short time.</p><p>Only two years later, Jiakai City still focuses on real estate sales.</p><p>According to the financial report data of Jiakaicheng, in the whole year of 2020, its operating income was 999 million yuan, a year-on-year decrease of 39.47%, and the net profit loss attributable to shareholders of listed companies was 1.261 billion yuan, a year-on-year decrease of 1202.64%. Housing sales contributed the main revenue, which was 608 million yuan, a year-on-year decrease of 21.2%, accounting for 60.82% of revenue.</p><p>As the second main business of Jiakai City, cinema has not brought a lot of profits to Jiakai City. As of the end of last year, Jiakai City's cinema revenue was 238 million yuan, accounting for 23.8% of revenue, a year-on-year decrease of 61.56%.</p><p>In addition, the data of the first quarter report shows that the net cash flow generated by Jiakai City's operating activities is 161 million yuan, the monetary funds held are 104 million yuan, and the short-term loans are 286 million yuan. It is obviously difficult for monetary funds to cover its short-term debts.</p><p>This transaction allows Evergrande to realize the return of funds and solve the problem of horizontal competition.</p><p>As for the takeover Wang Zhongming, industrial and commercial information shows that Wang Zhongming is the chairman of Shenzhen Cuilin Investment Holding Group Co., Ltd., and Cuilin Investment has taken over Evergrande Bingquan and participated in<a href=\"https://laohu8.com/S/00708\">Evergrande Auto</a>Battle throws.</p><p>At present, industrial and commercial information shows that Evergrande Agriculture and Animal Husbandry Group, Evergrande Mineral Water Group, Evergrande Dairy Group and Evergrande Cereals and Oils Group are all wholly owned by Cuilin Investment.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3633409\">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/c6fcdaee085f89a043698b2126b966fe","relate_stocks":{"03333":"中国恒大"},"source_url":"https://wallstreetcn.com/articles/3633409","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145333083","content_text":"到手不到五年，许家印把嘉凯城的控制权转给了自己的老朋友。\n6月21日午间嘉凯城公告称，收到控股股东广东广州市凯隆置业有限公司（以下简称“广州凯隆”）通知，公司29.9%的股份将转让给深圳市华建控股有限公司（以下简称“华建控股”），交易完成后，广州凯隆剩余股份约占公司股份总数的27.85%，并将自愿放弃以上股份的表决权。\n按照广州凯隆与华健控股签订的《股份转让框架协议》，交易完成后，公司控制权将发生变更。不过该交易相关事项尚需通过国家市场监督管理总局经营者集中审查。\n公告显示，华健控股主要从事股权投资业务，实际控制人为王忠明。\n嘉凯城在公告中称，广州凯隆是出于解决与上市公司的同业竞争问题，为保障中小股东利益，拟协议转让上市公司控制权。\n按照此前嘉凯城的公告，广州凯隆承诺，要在今年7月31日前，解决与嘉凯城之间的同业竞争问题。\n恒大集团在2016年8月时，从嘉凯城几个国有股东手中，接手了嘉凯城52.78%的股份，并由此成为嘉凯城的控股股东。\n在当时的协议中，恒大承诺股权转让成功后一年内，嘉凯城仍以房地产为主业，3年内则将完成解决同业竞争问题。\n三年过后，在2019年7月29日，嘉凯城称与恒大地产之间的同业竞争问题须延期两年。主要原因在于，由于房地产市场调控及部分城市限价等因素，导致地产销售无法及时出清，同时嘉凯城第二主业出于培养阶段，为保证上市公司持续经营能力，短期内将地产业务全部出清不符合全体股东特别是中小股东的利益。\n只不过两年过去，嘉凯城仍以地产销售为主营业务。\n嘉凯城财报数据显示，2020年全年，其营业收入9.99亿元，同比减少39.47%，归属上市公司股东的净利润亏损12.61亿元，同比减少1202.64%。房屋销售贡献主要营收，为6.08亿元，同比减少21.2%，占营收比重60.82%。\n院线作为嘉凯城的第二主业，则未给嘉凯城带来大量收益。截至去年年末，嘉凯城的院线收入为2.38亿元，占营收比重23.8%，同比减少61.56%。\n此外，一季报数据显示，嘉凯城经营活动产生的现金流量净额为1.61亿元，持有货币资金为1.04亿元，同时短期借款为2.86亿元，货币资金显然难以覆盖其短期债务。\n此次交易则让恒大实现资金回流的同时，解决了同业竞争问题。\n至于接盘方王忠明，工商信息显示，王忠明为深圳市翠林投资控股集团有限公司董事长，翠林投资则分别曾接手恒大冰泉、参与恒大汽车战投。\n目前，工商信息显示，恒大农牧集团、恒大矿泉水集团、恒大乳业集团和恒大粮油集团均为翠林投资全资持有。","news_type":1,"symbols_score_info":{"000918":0.9,"03333":0.9}},"isVote":1,"tweetType":1,"viewCount":2414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167825746,"gmtCreate":1624260758785,"gmtModify":1703831816148,"author":{"id":"3575272463691980","authorId":"3575272463691980","name":"Chiazhe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575272463691980","idStr":"3575272463691980"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167825746","repostId":"1140366799","repostType":4,"repost":{"id":"1140366799","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":1624257971,"share":"https://ttm.financial/m/news/1140366799?lang=en_US&edition=fundamental","pubTime":"2021-06-21 14:46","market":"us","language":"zh","title":"Cryptocurrency \"dives\", many banks stated that they would not carry out related business","url":"https://stock-news.laohu8.com/highlight/detail?id=1140366799","media":"老虎资讯综合","summary":"北京时间周一午后，比特币短线下挫1500美元，现报33260.87美元/枚；加密货币以太坊跌破2000美元/枚，日内跌超10%。\n\n农业银行发布声明：我行坚决不开展、不参与任何与虚拟货币相关的业务活动","content":"<p>On Monday afternoon, Beijing time, Bitcoin fell by US $1,500 in the short term and is now trading at US $33,260.87 per coin; The cryptocurrency Ethereum fell below $2,000 per coin, falling more than 10% within the day.</p><p><img src=\"https://static.tigerbbs.com/6fac185d163f34d53f54a5cf0e55254f\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Agricultural Bank of China issued a statement:<b>Our bank will resolutely not carry out or participate in any business activities related to virtual currency, prohibit the access of customers involved in virtual currency transactions, and will intensify the investigation and monitoring of customers and capital transactions.</b>Once relevant behaviors are discovered, measures such as suspending account transactions and terminating customer relationships will be taken immediately, and relevant departments will be reported in time. Our bank reiterates that it will strictly implement relevant national regulatory requirements, abide by industry self-discipline commitments, and resolutely crack down on virtual currency-related business activities. No institution or individual is allowed to use our bank's accounts, products, services, etc. for token issuance financing and virtual currency transactions.</p><p>Last month, China CITIC Bank issued an announcement stating that no institution or individual is allowed to use China CITIC Bank accounts for activities such as recharging and withdrawing cryptocurrency funds. According to reports, as early as April 2014, China Merchants Bank, Hua Xia Bank, China Construction Bank, Bank of China, China Everbright Bank, Ping An Bank, Agricultural Bank, Shanghai Pudong Development Bank, China Guangfa Bank, Industrial Bank, Industrial and Commercial Bank of China, Bank of Communications, Minsheng Bank and many other banks announced the ban on Bitcoin transactions, mostly for the reason of \"protecting the property rights and interests of the public and preventing money laundering risks\".</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>Cryptocurrency \"dives\", many banks stated that they would not carry out related business</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\">\nCryptocurrency \"dives\", many banks stated that they would not carry out related business\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-21 14:46</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On Monday afternoon, Beijing time, Bitcoin fell by US $1,500 in the short term and is now trading at US $33,260.87 per coin; The cryptocurrency Ethereum fell below $2,000 per coin, falling more than 10% within the day.</p><p><img src=\"https://static.tigerbbs.com/6fac185d163f34d53f54a5cf0e55254f\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Agricultural Bank of China issued a statement:<b>Our bank will resolutely not carry out or participate in any business activities related to virtual currency, prohibit the access of customers involved in virtual currency transactions, and will intensify the investigation and monitoring of customers and capital transactions.</b>Once relevant behaviors are discovered, measures such as suspending account transactions and terminating customer relationships will be taken immediately, and relevant departments will be reported in time. Our bank reiterates that it will strictly implement relevant national regulatory requirements, abide by industry self-discipline commitments, and resolutely crack down on virtual currency-related business activities. No institution or individual is allowed to use our bank's accounts, products, services, etc. for token issuance financing and virtual currency transactions.</p><p>Last month, China CITIC Bank issued an announcement stating that no institution or individual is allowed to use China CITIC Bank accounts for activities such as recharging and withdrawing cryptocurrency funds. According to reports, as early as April 2014, China Merchants Bank, Hua Xia Bank, China Construction Bank, Bank of China, China Everbright Bank, Ping An Bank, Agricultural Bank, Shanghai Pudong Development Bank, China Guangfa Bank, Industrial Bank, Industrial and Commercial Bank of China, Bank of Communications, Minsheng Bank and many other banks announced the ban on Bitcoin transactions, mostly for the reason of \"protecting the property rights and interests of the public and preventing money laundering risks\".</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2b6ee35d5e3953381b46896042cc8e62","relate_stocks":{"01288":"农业银行"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140366799","content_text":"北京时间周一午后，比特币短线下挫1500美元，现报33260.87美元/枚；加密货币以太坊跌破2000美元/枚，日内跌超10%。\n\n农业银行发布声明：我行坚决不开展、不参与任何与虚拟货币相关的业务活动，禁止涉及虚拟货币交易客户准入，并将对客户及资金交易加大排查和监测力度。一经发现相关行为，将立即采取暂停账户交易、终止客户关系等措施，并及时报告有关部门。我行重申，将严格落实国家有关监管要求，恪守行业自律承诺，坚决打击虚拟货币相关业务活动，任何机构及个人不得使用我行账户、产品、服务等进行代币发行融资以及虚拟货币交易。\n上月，中信银行发布公告称，任何机构和个人不得将中信银行账户用于加密货币资金充值、提现等活动。而据报道，早在2014年4月，招商银行、华夏银行、建设银行、中国银行、光大银行、平安银行、农业银行、浦发银行、广发银行、兴业银行、工商银行、交通银行、民生银行等多家银行均宣布禁止比特币交易，理由大多为“保护社会公众的财产权益，防范洗钱风险”。","news_type":1,"symbols_score_info":{"01288":0.9}},"isVote":1,"tweetType":1,"viewCount":2373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167825650,"gmtCreate":1624260732370,"gmtModify":1703831815341,"author":{"id":"3575272463691980","authorId":"3575272463691980","name":"Chiazhe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575272463691980","idStr":"3575272463691980"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167825650","repostId":"2145085633","repostType":4,"repost":{"id":"2145085633","kind":"news","pubTimestamp":1624258081,"share":"https://ttm.financial/m/news/2145085633?lang=en_US&edition=fundamental","pubTime":"2021-06-21 14:48","market":"us","language":"zh","title":"Baidu builds cars, Geely \"works\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2145085633","media":"互联网风云榜","summary":"在互联网造车浪潮中，百度与吉利合资成立的“集度汽车”可谓备受关注。近日，传出相关消息，百度在北京独资成立“集度科技”，另一边吉利汽车研究院有限公司也公开了一项自动驾驶技术领域专利。\n在集度汽车尚未量产","content":"<p>In the wave of Internet car manufacturing,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>\"Jidu Automobile\", a joint venture with Geely, has attracted much attention. Recently, related news came out that Baidu wholly established \"Jidu Technology\" in Beijing, on the other side<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>Research Institute Co., Ltd. also disclosed a patent in the field of autonomous driving technology.</p><p>At the moment when Jidu Automobile has not yet been mass-produced and sold, Baidu and Geely seem to have started their own small calculations. What kind of development will Jidu Automobile have now and in the future?</p><p><b>All-or-nothing bet set</b></p><p>As one of the Big Three of BAT in the Internet era, Baidu and Ali in the mobile Internet era<a href=\"https://laohu8.com/S/00700\">Tencent</a>Compared with the sense of existence, Baidu has found a breakthrough for itself in the next wave of technology under the crisis-AI (artificial<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>), Baidu's emphasis on AI can be found from a keynote speech given by Lu Qi, then president and COO of Baidu Group. Lu Qi believes: \"AI is a historic opportunity for China, and the depth and breadth of AI's impact on society are unprecedented.\"</p><p>As a result, Baidu shouted the slogan \"All in AI\".</p><p>In the past ten years, Baidu's annual R&D investment accounted for more than 15% of its revenue, among which AI technology is Baidu's key layout. 2020<a href=\"https://laohu8.com/S/000931\">Zhongguancun</a>Li Yanhong, founder, chairman and CEO of Baidu, once publicly expressed his attitude towards AI at the forum. He believes that Baidu's investment in AI is long-term and continuous. AI lives up to Baidu's expectations, contributes significantly to the innovation of Baidu's technology in the fields of algorithm, voice interaction and autonomous driving, and once again adds bargaining chips to Baidu, which gradually falls behind among the BAT Big Three.</p><p>Among the related technologies derived from AI, autonomous driving technology is the main observation point to judge whether a new energy vehicle company has strength in the current popular new energy vehicle manufacturing industry, and it also coincides with the policy trend of the times. Autonomous driving technology is about to be fully commercialized. Baidu, which has been studying AI for many years, has been at the forefront of the world in autonomous driving technology. Some voices even believe that when the era of autonomous driving and vehicle-road collaboration comes, Baidu's technology will become the standard for the construction of China's vehicle-road collaboration system.</p><p>Baidu, which has mastered the key technologies of new energy car manufacturing, recalled that Baidu, which once fell behind in the era of mobile Internet and missed the migration of PC devices to mobile phones, didn't want to miss the next ecological construction. With its leadership in autonomous driving technology, Baidu decided to enter the market to build cars, becoming the only one among the BAT Big Three to build cars in person.</p><p>Baidu, who builds a car in person, may be the one with the highest degree of freedom and the best knowledge of building a car among the Big Three of BAT, but it can't be called the fastest and farthest one in terms of entry time and distance.</p><p>Tencent vs.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automobile holds 10% of the shares and is the second largest shareholder of Nio. The largest shareholder is Li Bin, founder of Nio. Baidu is also in the shareholder list of Nio, but it is understood that Baidu only holds about 1% of Nio at present.</p><p>Ali is<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>The second largest shareholder, holding 12% of the shares, and the largest shareholder is He Xiaopeng, founder of Xpeng Motors. At the same time, Ali and<a href=\"https://laohu8.com/S/600104\">SAIC Group</a>There is also related cooperation in the automotive field.</p><p>Nio, XPeng and Ideal, as the heads of new energy vehicles in China, are undoubtedly powerful. Now they have successfully landed on the US stock market, and their market value has reached tens of billions of dollars. However, as early as 2016, Nio, XPeng and Ideal all contacted Baidu in hopes of getting funds, but none of them reached large-scale cooperation. The reason may be that Baidu attaches importance to autonomous driving and automotive intelligence.</p><p>Baidu's car-building plan may become an \"intelligent transportation plan\". As mentioned earlier, the reason why Baidu cares about autonomous driving and intelligence may be because it has missed the lesson of device change of \"PC → mobile phone\". In the layout of smart car, a large mobile device that can be regarded as an ecological collection terminal, Baidu doesn't want to give it up, but plans to do it himself.</p><p>As a result, Jidu Automobile was born. Although in the equity composition of Jidu, it can be clearly seen that Geely, another major shareholder of the company, holds more than 40% of the shares, but Baidu, which holds as much as 55% of the shares, has absolute voting rights. Geely's identity in Jidu is like a \"worker\" who is only responsible for manufacturing, and Baidu's absolute voting rights in Jidu also expose a problem. Can Geely be willing to only be a \"wage earner\"?</p><p><b>Geely: Make other people's money and make your own dreams</b></p><p>Although Geely has become the sales king of independent car companies with the success of fuel vehicles, Geely still has a blue dream.</p><p>In 2015, Geely released \"Blue Geely Action\", hoping to achieve the goal of new energy vehicles accounting for more than 90% of total sales by 2020. In the past five years, Geely's sales of new energy vehicles in 2020 were 68,142 units, accounting for only 5.16% of the total sales. Tracing back the reasons for Geely's failure, the \"oil-to-electricity\" route of changing soup without changing medicine may be the biggest reason.</p><p>At present, Geely's main electric vehicle sales \"Emgrand EV\" series comes from the fuel model Emgrand \"oil-to-electricity\". Although the EV series has changed the power supply mode from fuel to electric, the overall structure of the vehicle has not been completely redesigned, and the appearance and most structures are still fuel models. Electric and fuel models are difficult to distinguish in appearance, and in terms of pricing, the electric version is nearly half more expensive than the fuel version. The fuel version is priced at 69,800-100,800 yuan, and the electric version is priced at 193,300-238,300 yuan.</p><p>For consumers, it is difficult to pay for the extra premium in the face of Emgrand EV, which has only changed its power mode but has not greatly improved its vehicle configuration. Geely, which is caught in the dilemma of new energy, urgently needs to abandon the route of \"oil-to-electricity\" and increase investment in the research and development of real new energy vehicles.</p><p>As a result, the reasons why Baidu chose Geely as a partner also surfaced. With Baidu's cooperation with Geely to build a car, the news came out of Geely's \"SEA vast architecture\" (hereinafter referred to as SEA).</p><p>SEA is a pure electric model production platform that Geely invested 18 billion yuan and spent four years to develop. It can realize the production of models with a wheelbase of 1800mm-3300mm, covering all sizes from A-class cars to E-class cars. Judging from Baidu's bet on AI car building on Geely, SEA production platform has a leading advantage. The reason why Baidu chose to cooperate with Geely to build cars may be precisely because of the strength of SEA platform.</p><p>With the SEA platform, Geely also launched a new pure electric model \"Ji Krypton 001\" at the beginning of the year. It is a young hunting model with the appearance of frameless doors, 3.8 seconds to 100 kilometers acceleration and 712km battery range, and the vehicle intelligent system plus Yamaha's customized speakers, from just-needed to<a href=\"https://laohu8.com/S/DLX\">luxury</a>Once the configuration should be complete, Geely seems to understand the rules of the new energy vehicle track. However, in the face of the huge R&D cost of SEA platform and new models, Geely, which has tight cash flow, needs to recover blood urgently. SEA platform, which cost 18 billion funds, has become Geely's money printing machine and working machine.</p><p>At present, the supply chain of new energy vehicle manufacturing in China is gradually improving, and Internet companies have entered the market to build cars, which is related to the qualification of automobile production. Internet companies often adopt OEM production when they start to build cars. Nio Automobile is OEM by JAC, and XPeng Automobile was previously OEM by JAC<a href=\"https://laohu8.com/S/000572\">Haima Auotmobile</a>OEM, the collection of OEM fees has given Geely the possibility of recovering blood. Taking Weilai Jianghuai as an example, by the end of 2019, Nio had paid 604 million yuan of OEM fees to Jianghuai, including manufacturing fees and loss compensation fees. Previously, Geely and Foxconn set up a joint venture to provide OEM production and customized consulting services for global automobile and travel companies.</p><p>Whether in the cooperation between Foxconn and Baidu, Geely's role focuses on production. With the productivity of SEA platform, it seems that the R&D investment of feeding its own new energy models has become Geely's current strategic layout. According to Tianyan Check, Geely disclosed a technology patent related to autonomous driving on June 8th. Geely, which started research and development of autonomous driving while making money, obviously was not willing to only be a wage earner, but dreamed of the future.</p><p><b>The hidden worries of gathering degree are not only Geely's \"multi-tasking\"</b></p><p>Geely's \"Crafty Rabbit Three Caves\" divides eggs in different baskets to achieve itself after all. Baidu's wholly-owned establishment of \"Jidu Technology\" to provide intelligent related technologies such as autonomous driving to Jidu Automobile as a technology supplier is \"indispensable to guard against others\". Baidu and Geely, who have their own thoughts, don't seem to want their efforts to become the dowry of others, but the rapidly changing new energy market is long gone.</p><p>Previously, the competition of new energy vehicle track revolved around two cores, one is battery endurance, and the other is intelligence (including autonomous driving, intelligent cockpit, vehicle networking, etc.). At present, the market value of new energy vehicle industry is the highest<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>For example, its CEO Elon Musk once said that autonomous driving can make Tesla's market value reach $500 billion, which is a basic driving force for Tesla.</p><p>It is true that Jidu Automobile relies on Baidu's autonomous driving technology, and Geely's manufacturing capacity complements its core competitiveness, but in this nascent emerging industry, there are more unknowns.</p><p>Take Nio, which is in the leading position among new domestic car-making forces, as an example. Nio is currently ahead of new forces such as Ideal and XPeng in market value, and its sales in Q1 2021 are also in the leading position. It is Tesla's most powerful competitor at present. The reason why Nio is leading lies in its perfect service capability in addition to its sufficient product strength, which may also be the third competitiveness extended after endurance and intelligence in the new energy vehicle market.</p><p>Why is service power extended from battery life and intelligence? Continuing to take Weilai as an example, Nio is the only brand in the current new energy vehicle market that is equipped with battery swap stations for car owners. The essence of battery swap service is \"energy replenishment\", which solves the just-needed problem of electric vehicle endurance. At present, the updated second-generation battery swap station in Nio is basically the same as that of gas stations in energy replenishment time. At present, when the cruising range and charging speed of electric vehicles are limited, battery swap, a relatively efficient energy replenishment method, provides differentiated product competitiveness when users choose to buy vehicles, that is, relies on the blessing of services to promote the increase of sales.</p><p>Returning to Jidu Automobile, in the future, when autonomous driving technology and supply chain gradually mature and open source, although Jidu has no shortcomings, it also has no characteristics. Nio has a mature service foundation, XPeng has intelligent and autonomous driving, and it has been mass-produced at present. Ideally, there is an extended range to solve the anxiety problem of battery life. Will Jidu bring surprises to consumers when mass-produced models are launched, or will it fall into homogeneous competition?</p><p>But when I think of the phrase \"there are no competing products\" said by Xia Yiping, CEO of Jidu, at the media communication meeting, I should probably believe Baidu.</p>","source":"lsy1601291937209","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>Baidu builds cars, Geely \"works\"</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\">\nBaidu builds cars, Geely \"works\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">互联网风云榜</strong><span class=\"h-time small\">2021-06-21 14:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In the wave of Internet car manufacturing,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>\"Jidu Automobile\", a joint venture with Geely, has attracted much attention. Recently, related news came out that Baidu wholly established \"Jidu Technology\" in Beijing, on the other side<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>Research Institute Co., Ltd. also disclosed a patent in the field of autonomous driving technology.</p><p>At the moment when Jidu Automobile has not yet been mass-produced and sold, Baidu and Geely seem to have started their own small calculations. What kind of development will Jidu Automobile have now and in the future?</p><p><b>All-or-nothing bet set</b></p><p>As one of the Big Three of BAT in the Internet era, Baidu and Ali in the mobile Internet era<a href=\"https://laohu8.com/S/00700\">Tencent</a>Compared with the sense of existence, Baidu has found a breakthrough for itself in the next wave of technology under the crisis-AI (artificial<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>), Baidu's emphasis on AI can be found from a keynote speech given by Lu Qi, then president and COO of Baidu Group. Lu Qi believes: \"AI is a historic opportunity for China, and the depth and breadth of AI's impact on society are unprecedented.\"</p><p>As a result, Baidu shouted the slogan \"All in AI\".</p><p>In the past ten years, Baidu's annual R&D investment accounted for more than 15% of its revenue, among which AI technology is Baidu's key layout. 2020<a href=\"https://laohu8.com/S/000931\">Zhongguancun</a>Li Yanhong, founder, chairman and CEO of Baidu, once publicly expressed his attitude towards AI at the forum. He believes that Baidu's investment in AI is long-term and continuous. AI lives up to Baidu's expectations, contributes significantly to the innovation of Baidu's technology in the fields of algorithm, voice interaction and autonomous driving, and once again adds bargaining chips to Baidu, which gradually falls behind among the BAT Big Three.</p><p>Among the related technologies derived from AI, autonomous driving technology is the main observation point to judge whether a new energy vehicle company has strength in the current popular new energy vehicle manufacturing industry, and it also coincides with the policy trend of the times. Autonomous driving technology is about to be fully commercialized. Baidu, which has been studying AI for many years, has been at the forefront of the world in autonomous driving technology. Some voices even believe that when the era of autonomous driving and vehicle-road collaboration comes, Baidu's technology will become the standard for the construction of China's vehicle-road collaboration system.</p><p>Baidu, which has mastered the key technologies of new energy car manufacturing, recalled that Baidu, which once fell behind in the era of mobile Internet and missed the migration of PC devices to mobile phones, didn't want to miss the next ecological construction. With its leadership in autonomous driving technology, Baidu decided to enter the market to build cars, becoming the only one among the BAT Big Three to build cars in person.</p><p>Baidu, who builds a car in person, may be the one with the highest degree of freedom and the best knowledge of building a car among the Big Three of BAT, but it can't be called the fastest and farthest one in terms of entry time and distance.</p><p>Tencent vs.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automobile holds 10% of the shares and is the second largest shareholder of Nio. The largest shareholder is Li Bin, founder of Nio. Baidu is also in the shareholder list of Nio, but it is understood that Baidu only holds about 1% of Nio at present.</p><p>Ali is<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>The second largest shareholder, holding 12% of the shares, and the largest shareholder is He Xiaopeng, founder of Xpeng Motors. At the same time, Ali and<a href=\"https://laohu8.com/S/600104\">SAIC Group</a>There is also related cooperation in the automotive field.</p><p>Nio, XPeng and Ideal, as the heads of new energy vehicles in China, are undoubtedly powerful. Now they have successfully landed on the US stock market, and their market value has reached tens of billions of dollars. However, as early as 2016, Nio, XPeng and Ideal all contacted Baidu in hopes of getting funds, but none of them reached large-scale cooperation. The reason may be that Baidu attaches importance to autonomous driving and automotive intelligence.</p><p>Baidu's car-building plan may become an \"intelligent transportation plan\". As mentioned earlier, the reason why Baidu cares about autonomous driving and intelligence may be because it has missed the lesson of device change of \"PC → mobile phone\". In the layout of smart car, a large mobile device that can be regarded as an ecological collection terminal, Baidu doesn't want to give it up, but plans to do it himself.</p><p>As a result, Jidu Automobile was born. Although in the equity composition of Jidu, it can be clearly seen that Geely, another major shareholder of the company, holds more than 40% of the shares, but Baidu, which holds as much as 55% of the shares, has absolute voting rights. Geely's identity in Jidu is like a \"worker\" who is only responsible for manufacturing, and Baidu's absolute voting rights in Jidu also expose a problem. Can Geely be willing to only be a \"wage earner\"?</p><p><b>Geely: Make other people's money and make your own dreams</b></p><p>Although Geely has become the sales king of independent car companies with the success of fuel vehicles, Geely still has a blue dream.</p><p>In 2015, Geely released \"Blue Geely Action\", hoping to achieve the goal of new energy vehicles accounting for more than 90% of total sales by 2020. In the past five years, Geely's sales of new energy vehicles in 2020 were 68,142 units, accounting for only 5.16% of the total sales. Tracing back the reasons for Geely's failure, the \"oil-to-electricity\" route of changing soup without changing medicine may be the biggest reason.</p><p>At present, Geely's main electric vehicle sales \"Emgrand EV\" series comes from the fuel model Emgrand \"oil-to-electricity\". Although the EV series has changed the power supply mode from fuel to electric, the overall structure of the vehicle has not been completely redesigned, and the appearance and most structures are still fuel models. Electric and fuel models are difficult to distinguish in appearance, and in terms of pricing, the electric version is nearly half more expensive than the fuel version. The fuel version is priced at 69,800-100,800 yuan, and the electric version is priced at 193,300-238,300 yuan.</p><p>For consumers, it is difficult to pay for the extra premium in the face of Emgrand EV, which has only changed its power mode but has not greatly improved its vehicle configuration. Geely, which is caught in the dilemma of new energy, urgently needs to abandon the route of \"oil-to-electricity\" and increase investment in the research and development of real new energy vehicles.</p><p>As a result, the reasons why Baidu chose Geely as a partner also surfaced. With Baidu's cooperation with Geely to build a car, the news came out of Geely's \"SEA vast architecture\" (hereinafter referred to as SEA).</p><p>SEA is a pure electric model production platform that Geely invested 18 billion yuan and spent four years to develop. It can realize the production of models with a wheelbase of 1800mm-3300mm, covering all sizes from A-class cars to E-class cars. Judging from Baidu's bet on AI car building on Geely, SEA production platform has a leading advantage. The reason why Baidu chose to cooperate with Geely to build cars may be precisely because of the strength of SEA platform.</p><p>With the SEA platform, Geely also launched a new pure electric model \"Ji Krypton 001\" at the beginning of the year. It is a young hunting model with the appearance of frameless doors, 3.8 seconds to 100 kilometers acceleration and 712km battery range, and the vehicle intelligent system plus Yamaha's customized speakers, from just-needed to<a href=\"https://laohu8.com/S/DLX\">luxury</a>Once the configuration should be complete, Geely seems to understand the rules of the new energy vehicle track. However, in the face of the huge R&D cost of SEA platform and new models, Geely, which has tight cash flow, needs to recover blood urgently. SEA platform, which cost 18 billion funds, has become Geely's money printing machine and working machine.</p><p>At present, the supply chain of new energy vehicle manufacturing in China is gradually improving, and Internet companies have entered the market to build cars, which is related to the qualification of automobile production. Internet companies often adopt OEM production when they start to build cars. Nio Automobile is OEM by JAC, and XPeng Automobile was previously OEM by JAC<a href=\"https://laohu8.com/S/000572\">Haima Auotmobile</a>OEM, the collection of OEM fees has given Geely the possibility of recovering blood. Taking Weilai Jianghuai as an example, by the end of 2019, Nio had paid 604 million yuan of OEM fees to Jianghuai, including manufacturing fees and loss compensation fees. Previously, Geely and Foxconn set up a joint venture to provide OEM production and customized consulting services for global automobile and travel companies.</p><p>Whether in the cooperation between Foxconn and Baidu, Geely's role focuses on production. With the productivity of SEA platform, it seems that the R&D investment of feeding its own new energy models has become Geely's current strategic layout. According to Tianyan Check, Geely disclosed a technology patent related to autonomous driving on June 8th. Geely, which started research and development of autonomous driving while making money, obviously was not willing to only be a wage earner, but dreamed of the future.</p><p><b>The hidden worries of gathering degree are not only Geely's \"multi-tasking\"</b></p><p>Geely's \"Crafty Rabbit Three Caves\" divides eggs in different baskets to achieve itself after all. Baidu's wholly-owned establishment of \"Jidu Technology\" to provide intelligent related technologies such as autonomous driving to Jidu Automobile as a technology supplier is \"indispensable to guard against others\". Baidu and Geely, who have their own thoughts, don't seem to want their efforts to become the dowry of others, but the rapidly changing new energy market is long gone.</p><p>Previously, the competition of new energy vehicle track revolved around two cores, one is battery endurance, and the other is intelligence (including autonomous driving, intelligent cockpit, vehicle networking, etc.). At present, the market value of new energy vehicle industry is the highest<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>For example, its CEO Elon Musk once said that autonomous driving can make Tesla's market value reach $500 billion, which is a basic driving force for Tesla.</p><p>It is true that Jidu Automobile relies on Baidu's autonomous driving technology, and Geely's manufacturing capacity complements its core competitiveness, but in this nascent emerging industry, there are more unknowns.</p><p>Take Nio, which is in the leading position among new domestic car-making forces, as an example. Nio is currently ahead of new forces such as Ideal and XPeng in market value, and its sales in Q1 2021 are also in the leading position. It is Tesla's most powerful competitor at present. The reason why Nio is leading lies in its perfect service capability in addition to its sufficient product strength, which may also be the third competitiveness extended after endurance and intelligence in the new energy vehicle market.</p><p>Why is service power extended from battery life and intelligence? Continuing to take Weilai as an example, Nio is the only brand in the current new energy vehicle market that is equipped with battery swap stations for car owners. The essence of battery swap service is \"energy replenishment\", which solves the just-needed problem of electric vehicle endurance. At present, the updated second-generation battery swap station in Nio is basically the same as that of gas stations in energy replenishment time. At present, when the cruising range and charging speed of electric vehicles are limited, battery swap, a relatively efficient energy replenishment method, provides differentiated product competitiveness when users choose to buy vehicles, that is, relies on the blessing of services to promote the increase of sales.</p><p>Returning to Jidu Automobile, in the future, when autonomous driving technology and supply chain gradually mature and open source, although Jidu has no shortcomings, it also has no characteristics. Nio has a mature service foundation, XPeng has intelligent and autonomous driving, and it has been mass-produced at present. Ideally, there is an extended range to solve the anxiety problem of battery life. Will Jidu bring surprises to consumers when mass-produced models are launched, or will it fall into homogeneous competition?</p><p>But when I think of the phrase \"there are no competing products\" said by Xia Yiping, CEO of Jidu, at the media communication meeting, I should probably believe Baidu.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021062114383077ea37af&s=b\">互联网风云榜</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3d671f82579a0f7a86039a21fe8fc002","relate_stocks":{"09888":"百度集团-SW","00175":"吉利汽车","BIDU":"百度"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021062114383077ea37af&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145085633","content_text":"在互联网造车浪潮中，百度与吉利合资成立的“集度汽车”可谓备受关注。近日，传出相关消息，百度在北京独资成立“集度科技”，另一边吉利汽车研究院有限公司也公开了一项自动驾驶技术领域专利。\n在集度汽车尚未量产发售的当下，百度与吉利似乎已经开始打起了各自的小算盘，集度汽车的现在与未来会有怎样的发展呢？\n孤注一掷押注集度\n作为互联网时代的BAT三巨头之一，百度在移动互联网时代与阿里腾讯相比存在感稍有逊色，危机之下百度为自己在下一波科技浪潮中寻找了一个突破口——AI（人工智能），百度对于AI的重视，从时任百度集团总裁兼COO陆奇的一次主题演讲中可以发现，陆奇认为：“AI是中国的历史性机遇，AI对社会的影响深度和广度都是空前的。”\n由此，百度喊出了“All in AI”的口号。\n过去的十年百度每年的研发投入占营收的15%以上，其中AI技术是百度的重点布局，2020中关村论坛上百度创始人、董事长兼CEO李彦宏曾公开表示对于AI的态度，他认为百度对AI的投入是长期的、持续的。AI不负百度重望，在算法、语音交互、自动驾驶等领域为百度技术的革新贡献了重要力量，也为在BAT三巨头中逐渐掉队的百度再次增添了筹码。\n而在AI衍生出的相关技术中，自动驾驶技术在当下热门的新能源造车行业中，是评判一家新能源车企是否具有实力的主要观察点，并且又恰逢政策的时代趋势，自动驾驶技术即将完全落地商用。潜心钻研AI多年的百度，在自动驾驶技术上已经走在了国际前沿，甚至有声音认为，在自动驾驶与车路协同时代到来时，百度的技术将成为中国车路协同系统建设的制定标准。\n掌握新能源造车关键技术的百度，回忆起曾经在移动互联网时代的掉队，错过了PC设备向手机迁移的百度不想再错过下一个生态的建设，凭借在自动驾驶技术的领先，百度决定入局造车，成为了BAT三巨头中目前亲自下场造车的独一家。\n亲自下场造车的百度，可能是BAT三巨头中对造车这件事自由度最高和最了解的那个，但在入局时间和跑出去的距离上，称不上是跑的最快最远的那个。\n腾讯对蔚来汽车持股10%，是蔚来的第二大股东，第一大股东为蔚来创始人李斌，在蔚来的股东名单中也有百度的身影，但据了解目前百度只持有蔚来1%左右的股份。\n阿里则是小鹏汽车的第二大股东，持股比例12%，第一大股东为小鹏汽车创始人何小鹏，同时，阿里与上汽集团也在汽车领域有相关合作。\n蔚来、小鹏、理想作为国内新能源汽车的头部新势力，毫无疑问是具有实力的，如今都已成功登陆美股上市，市值均达到了百亿美元级别，但最早在2016年，蔚来、小鹏、理想都曾与百度接触希望拿到资金，但均未达成大规模的合作，究其原因或许是百度对自动驾驶和汽车智能的重视。\n百度的造车计划或许可以成为“智能交通计划”，前文已经提到百度之所以在意自动驾驶和智能的原因，或许是因为已经错过了“PC→手机”的设备更迭的教训，在智能汽车这个可以被看做一个生态集合终端的大型移动设备的布局上，百度不想拱手相让，而是打算自己下场亲自来做。\n由此，集度汽车诞生，虽然在集度的股权构成中，可以清晰的看到公司另一大股东吉利持股超过40%，但持股高达55%的百度拥有绝对投票权，吉利在集度的身份像是一个只负责生产制造的“工人”，百度对集度拥有绝对投票权的背后也暴露了一个问题，吉利能甘心只做一个“打工仔”吗？\n吉利：赚别人的钱，造自己的梦\n虽然凭借燃油车的成功，吉利已经成为了自主车企的销量王，但吉利依然有着一个蓝色的梦想。\n2015年吉利发布“蓝色吉利行动”，希望在2020年达成新能源汽车占总销量90%以上的目标。五年过去，吉利2020年新能源汽车销量为68142辆，仅占总销量的5.16%，追溯吉利失败的原因，换汤不换药的“油改电”路线或许是最大原因。\n吉利目前电动车销量的主力“帝豪EV”系列，就是由燃油车型帝豪“油改电”而来，EV系列虽然将动力的提供方式从燃油改为电动，但车身整体结构并未完全重新设计，外观以及大部分结构仍是沿用燃油车型。电动与燃油车型在外观上难以分辨，并且在定价上，电动版比燃油版却贵了接近一半，燃油版售价为6.98-10.08万元，电动版售价为19.33-23.83万元。\n对于消费者而言，面对只是动力方式发生改变，车辆配置却没有很大提升的帝豪EV，很难为多出的溢价买单，陷入新能源困境的吉利，亟需舍弃“油改电”的路线，在真正的新能源汽车研发上加大投入。\n由此，百度选择吉利作为合作伙伴的原因也浮出水面。随百度与吉利合作造车一起传出消息的是吉利“SEA浩瀚架构”（后简称SEA）的问世。\nSEA是吉利投入180亿元，花费四年时间研制的纯电车型生产平台，可实现轴距1800mm-3300mm的车型生产，从A级车到E级车全尺寸覆盖。从百度把AI造车的赌注压在吉利身上来看，SEA生产平台有着领先优势。百度选择与吉利合作造车的原因，或许正是因为SEA平台的强大。\n凭借SEA平台，吉利也在年初推出全新纯电车型“极氪001”，年轻的猎装车型加上无边框车门的外观，3.8秒的百公里加速加上712km的续航，车辆智能系统加上雅马哈的定制音箱，从刚需到豪华配置一应齐全，吉利似乎是搞懂了新能源汽车赛道的规则，但面对SEA平台与新车型巨大的研发成本支出，现金流紧绷的吉利亟需回血，耗费了180亿资金的SEA平台成了吉利的印钞机兼打工机器。\n当下国内新能源造车的供应链逐渐完善，互联网企业又纷纷入局造车，关系到汽车生产资质问题，互联网企业造车起步往往采用代工生产的方式，蔚来汽车由江淮代工，小鹏汽车此前是由海马汽车代工，代工费用的收取给了吉利回血的可能性，以蔚来江淮为例，截止2019年底，蔚来已向江淮支付6.04亿元的代工费用，其中包含制造费和亏损补偿费，此前吉利与富士康成立合资公司为全球汽车及出行企业提供代工生产及定制顾问服务。\n无论是在富士康还是百度的合作中，吉利所扮演的角色重点都在于生产，凭借SEA平台的生产力回血，反哺自家新能源车型的研发投入似乎成了吉利当下的战略布局。据天眼查显示，吉利在6月8日公开了一项自动驾驶相关技术专利，一边赚钱一边搞起自动驾驶研发的吉利，显然不甘心只做打工仔，而是逐梦未来。\n集度的隐忧不止吉利的“一心多用”\n吉利“狡兔三窟”把鸡蛋分在不同的篮子里终究是为了成就自己，百度独资成立“集度科技”以技术供应商的身份向集度汽车提供自动驾驶等智能相关技术是“防人之心不可无”。各怀心思的百度与吉利似乎都不想让自己的努力成了他人的嫁妆，但瞬息万变的新能源市场却早已不复当日。\n此前新能源汽车赛道的竞争围绕两个核心，一是续航，二是智能（其中包括自动驾驶、智能座舱、车联网等），以目前新能源汽车行业市值最高的特斯拉为例，其CEO埃隆·马斯克曾表示，自动驾驶可以让特斯拉市值达到5000亿美元，是特斯拉的一个基本驱动力。\n诚然，集度汽车依靠百度的自动驾驶技术，吉利的生产制造能力补全了核心竞争力，但在这个刚起步的新兴行业中，存在更多的是未知。\n以国内造车新势力中处于领跑地位的蔚来为例，蔚来目前市值领先于理想、小鹏等新势力，2021年Q1销量也处于领先地位，是特斯拉当下最有力的竞争者，蔚来领先的原因除产品力足够之外，优势在于完善的服务能力，这或许也是新能源汽车市场中，在续航与智能后延伸出的第三个竞争力。\n为什么说服务力是从续航与智能中延伸出的？继续以蔚来举例，蔚来是当下新能源汽车市场中唯一为车主配有换电站的品牌，换电这项服务的本质是“补能”，解决的是电动车续航的刚需问题，目前蔚来更新的二代换电站，在补能时间上基本与加油站持平，在电动车续航里程和充电速度有限的当下，换电这种相对高效的补能方式在用户选择购买车辆时，提供了差异化的产品竞争力，也就是依靠服务的加持促使销量的提升。\n重新回到集度汽车来看，未来自动驾驶技术与供应链逐渐成熟开源的情况下，集度虽然没有短板，但同样没有特点，蔚来有建设成熟的服务基础，小鹏有智能与自动驾驶并且当下已经量产，理想有增程式解决续航的焦虑问题，集度在量产车型推出时会给消费者带来惊喜，还是陷入同质化的竞争？\n但想起集度CEO夏一平在媒体沟通会上说的那句“没有竞品”，或许应该相信百度。","news_type":1,"symbols_score_info":{"BIDU":0.9,"00175":0.9,"09888":0.6}},"isVote":1,"tweetType":1,"viewCount":3360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}