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Rachel_Tan
Rachel_Tan
·
2024-09-05
$SATS LTD.(S58.SI)$
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Rachel_Tan
Rachel_Tan
·
2023-03-27
😆haha! any rewards?
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Rachel_Tan
Rachel_Tan
·
2022-12-15
Gd
Singapore Stocks to Watch: Manulife US Reit, SIA Engineering, Golden Energy
The following companies saw new developments that may affect trading of their securities on Wednesda
Singapore Stocks to Watch: Manulife US Reit, SIA Engineering, Golden Energy
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Rachel_Tan
Rachel_Tan
·
2022-09-06
$8VI Holdings Ltd(8VI.AU)$
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Rachel_Tan
Rachel_Tan
·
2022-08-14
😯
Haidilao: net loss of approximately 225 million to 297 million yuan recorded in the first half of the year
8月14日,海底捞:集团预期2022年上半年录得净亏损约人民币2.25亿元至人民币2.97亿元,上年同期盈利人民币9650万元。
Haidilao: net loss of approximately 225 million to 297 million yuan recorded in the first half of the year
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Rachel_Tan
Rachel_Tan
·
2022-04-24
🤩
A shares have had six shock waves in the past ten years, but these 50 shares have risen 10 times!
今年以来受新冠疫情、俄乌战争的影响,A股持续黑云压顶,创业板指数年底跌幅高达30%,上证指数年内跌幅也超过10%,近期更是徘徊在3100点以下。裹挟在当下行情中投资者的内心难免充满焦虑,但从过去A股十
A shares have had six shock waves in the past ten years, but these 50 shares have risen 10 times!
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Rachel_Tan
Rachel_Tan
·
2022-04-09
$Skillz Inc(SKLZ)$
hopeless
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Rachel_Tan
Rachel_Tan
·
2022-02-11
Good news
MSCI to Add Grab, 20 Stocks to Global Index
HONG KONG, Feb 10 (Reuters) - MSCI will add Singaporean ride hailer Grab and 20 other securities to
MSCI to Add Grab, 20 Stocks to Global Index
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Rachel_Tan
Rachel_Tan
·
2021-06-20
?
Rate cuts? It was just a beautiful misunderstanding
国元证券分析表示,在报价方式改变后,不同期限存款利率升降不一;当前环境下,货币政策宽松概率很低,若通胀下半年继续超预期,货币政策可能不松反紧。 编者注:此前券商中国报道称,多家银行向分行下发了调整
Rate cuts? It was just a beautiful misunderstanding
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Rachel_Tan
Rachel_Tan
·
2021-06-16
$8VIC(8VI.AU)$
wow!unbelievable!
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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1667351370,"share":"https://ttm.financial/m/news/1152426447?lang=en_US&edition=fundamental","pubTime":"2022-11-02 09:09","market":"sg","language":"en","title":"Singapore Stocks to Watch: Manulife US Reit, SIA Engineering, Golden Energy","url":"https://stock-news.laohu8.com/highlight/detail?id=1152426447","media":"Tiger Newspress","summary":"The following companies saw new developments that may affect trading of their securities on Wednesda","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 2):</p><p><b>Manulife US REIT</b>’s (MUST) portfolio occupancy slipped further to 88.1% as of Oct 18, extending a decline from 90.0% as at end-June and 91.7% as at end-March.</p><p>This was largely due to law firm Quinn Emanuel’s downsizing of some 71,000 sq ft at Figueroa in Downtown Los Angeles effective Aug 31, says the REIT at the release of its results for 3QFY20222 ended September.</p><p><b>SIA Engineering Company</b> (SIAEC) posted a group net profit of S$19.7 million for its second quarter ended Sep 30, up 87.6 per cent from S$10.5 million in the same period last year, it said in a bourse filing on Tuesday (Nov 1).</p><p>Revenue for the quarter rose 38 per cent to S$190.7 million, up from S$138.2 million the year before, largely driven by higher flight activities and higher revenue across all segments, it said.</p><p>Coal miner <b>Golden Energy and Resources </b>(Gear) on Tuesday (Nov 1) announced that it is looking to restructure or exit all or substantially all of its energy coal business.</p><p>To this end, its outstanding US$285 million 8.5 per cent senior secured notes due 2026 have been offered for exchange for new notes of the same value due 2027.</p></body></html>","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>Singapore Stocks to Watch: Manulife US Reit, SIA Engineering, Golden Energy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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*/\n.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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nSingapore Stocks to Watch: Manulife US Reit, SIA Engineering, Golden Energy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-02 09:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 2):</p><p><b>Manulife US REIT</b>’s (MUST) portfolio occupancy slipped further to 88.1% as of Oct 18, extending a decline from 90.0% as at end-June and 91.7% as at end-March.</p><p>This was largely due to law firm Quinn Emanuel’s downsizing of some 71,000 sq ft at Figueroa in Downtown Los Angeles effective Aug 31, says the REIT at the release of its results for 3QFY20222 ended September.</p><p><b>SIA Engineering Company</b> (SIAEC) posted a group net profit of S$19.7 million for its second quarter ended Sep 30, up 87.6 per cent from S$10.5 million in the same period last year, it said in a bourse filing on Tuesday (Nov 1).</p><p>Revenue for the quarter rose 38 per cent to S$190.7 million, up from S$138.2 million the year before, largely driven by higher flight activities and higher revenue across all segments, it said.</p><p>Coal miner <b>Golden Energy and Resources </b>(Gear) on Tuesday (Nov 1) announced that it is looking to restructure or exit all or substantially all of its energy coal business.</p><p>To this end, its outstanding US$285 million 8.5 per cent senior secured notes due 2026 have been offered for exchange for new notes of the same value due 2027.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S59.SI":"新航工程","BTOU.SI":"宏利美国房地产投资信托"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152426447","content_text":"The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 2):Manulife US REIT’s (MUST) portfolio occupancy slipped further to 88.1% as of Oct 18, extending a decline from 90.0% as at end-June and 91.7% as at end-March.This was largely due to law firm Quinn Emanuel’s downsizing of some 71,000 sq ft at Figueroa in Downtown Los Angeles effective Aug 31, says the REIT at the release of its results for 3QFY20222 ended September.SIA Engineering Company (SIAEC) posted a group net profit of S$19.7 million for its second quarter ended Sep 30, up 87.6 per cent from S$10.5 million in the same period last year, it said in a bourse filing on Tuesday (Nov 1).Revenue for the quarter rose 38 per cent to S$190.7 million, up from S$138.2 million the year before, largely driven by higher flight activities and higher revenue across all segments, it said.Coal miner Golden Energy and Resources (Gear) on Tuesday (Nov 1) announced that it is looking to restructure or exit all or substantially all of its energy coal business.To this end, its outstanding US$285 million 8.5 per cent senior secured notes due 2026 have been offered for exchange for new notes of the same value due 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18:53","market":"hk","language":"zh","title":"Haidilao: net loss of approximately 225 million to 297 million yuan recorded in the first half of the year","url":"https://stock-news.laohu8.com/highlight/detail?id=1147223575","media":"老虎资讯综合","summary":"8月14日,海底捞:集团预期2022年上半年录得净亏损约人民币2.25亿元至人民币2.97亿元,上年同期盈利人民币9650万元。","content":"<p><html><head></head><body>On August 14,<a href=\"https://laohu8.com/S/06862\">Haidilao</a>: The Group expects to record a net loss of approximately RMB225 million to RMB297 million in the first half of 2022, compared with a profit of RMB96.5 million in the same period last year.</p><p><img src=\"https://static.tigerbbs.com/6db62fde5f757ed773e1a943936edb54\" tg-width=\"796\" tg-height=\"695\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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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\">\nHaidilao: net loss of approximately 225 million to 297 million yuan recorded in the first half of the year\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-08-14 18:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On August 14,<a href=\"https://laohu8.com/S/06862\">Haidilao</a>: The Group expects to record a net loss of approximately RMB225 million to RMB297 million in the first half of 2022, compared with a profit of RMB96.5 million in the same period last year.</p><p><img src=\"https://static.tigerbbs.com/6db62fde5f757ed773e1a943936edb54\" tg-width=\"796\" tg-height=\"695\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/23f2c25e060d113f3768c45cafc16292","relate_stocks":{"CYB":"人民币ETF-WisdomTree Dreyfus","BK1591":"就地过年概念","BK1583":"高瓴概念","BK1233":"餐馆","06862":"海底捞","BK1604":"节假日概念","BK1589":"北水核心资产"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147223575","content_text":"8月14日,海底捞:集团预期2022年上半年录得净亏损约人民币2.25亿元至人民币2.97亿元,上年同期盈利人民币9650万元。","news_type":1,"symbols_score_info":{"CYB":0.9,"CNHmain":0.9,"UCmain":0.9,"06862":0.9}},"isVote":1,"tweetType":1,"viewCount":2311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9085748089,"gmtCreate":1650769480191,"gmtModify":1676534789957,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578030955737208","idStr":"3578030955737208"},"themes":[],"htmlText":"🤩 ","listText":"🤩 ","text":"🤩","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085748089","repostId":"1184606092","repostType":4,"repost":{"id":"1184606092","kind":"news","weMediaInfo":{"introduction":"致力于提供最及时的财经资讯,最专业的解读分析,覆盖宏观经济、金融机构、A股市场、上市公司、投资理财等财经领域。","home_visible":1,"media_name":"券商中国","id":"9","head_image":"https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f"},"pubTimestamp":1650761857,"share":"https://ttm.financial/m/news/1184606092?lang=en_US&edition=fundamental","pubTime":"2022-04-24 08:57","market":"sh","language":"zh","title":"A shares have had six shock waves in the past ten years, but these 50 shares have risen 10 times!","url":"https://stock-news.laohu8.com/highlight/detail?id=1184606092","media":"券商中国","summary":"今年以来受新冠疫情、俄乌战争的影响,A股持续黑云压顶,创业板指数年底跌幅高达30%,上证指数年内跌幅也超过10%,近期更是徘徊在3100点以下。裹挟在当下行情中投资者的内心难免充满焦虑,但从过去A股十","content":"<p><html><head></head><body>Since the beginning of this year, affected by the COVID-19 epidemic and the Russia-Ukraine war, A-shares have continued to be overwhelmed by black clouds. The GEM index fell by as much as 30% at the end of the year, and the Shanghai Composite Index also fell by more than 10% during the year. Recently, it has hovered below 3,100 points.</p><p>In the current market, investors' hearts are inevitably full of anxiety. However, judging from the past ten years' history of A shares and the century-old investment history of US stocks, the crisis will eventually pass, and bull stocks keep hitting new highs at the end of the crisis.</p><p>A-share bulls are short and bears are long. If investors don't have a stable mind and long-term investment belief, it is easy to sell at a low point in shock waves again and again. In the past decade, A-shares have faced some vigorous \"big events\" almost every two years on average, such as the \"money shortage\" in 2013, the clean-up of off-market funding in 2015, the Sino-US trade friction in 2018, and the spread of COVID-19 epidemic in early 2020...</p><p>However, these \"big events\" that have caused temporary panic have not affected the good company's goal. According to the statistics of China's \"Investment in Xiaohongshu\" reporter, in the past 10 years (2012-2021), nearly 40% of stocks with comparable data have more than doubled, which means that the annualized rate of return of these stocks exceeds 7%, outperforming bonds and wealth management products in the same period. Among them, 14% of outstanding companies increased by more than 3 times, and 3% of outstanding companies increased by more than 10 times.</p><p><b>The same is true for U.S. stocks. There were six panics in the 19th century. As Buffett said, sometimes the market plummets, perhaps by more than 50%, but stocks are a better long-term choice for those who have long-term funds, can control their emotions and have a sound investment framework.</b></p><p>From the perspective of historical changes, those investors who can draw wisdom from history and integrate knowledge and action choose to make good rewards in the long run.</p><p><b>A shares have experienced 6 shockwaves in the past 10 years</b></p><p>Some people say that a financial history is actually a history of crisis.</p><p>After the subprime mortgage crisis in the United States in 2008, Buffett said in an interview with CCTV that the United States has a history of about 200 years, but it may have experienced 15 financial crises. After six recessions in the 19th century, we called it recession then, and now we call it panic. While recessions and panics can happen from time to time, it does not amount to a bottomless pit. There are some bad years in every century, but there are more good years than bad years, and the country doesn't stop moving forward, as it is in China and the United States.</p><p>Back to A shares, in the 10 years from 2012 to 2021, there were actually six influential shock waves. Every time the impact comes, investors with insufficient mental preparation feel that Mount Tai is overwhelmed. However, if it is placed in historical coordinates, the mark left by the temporary panic event on the stock market is like the ripples in the sea, which is not to be feared.</p><p><b>November 2012</b>The \"plasticizer\" crisis once hit the liquor sector hard, hitting the Shanghai Composite Index to 1949 points, commonly known as \"liberation bottom\". On November 19th, 2012, the media published the news that the plasticizer of a liquor company seriously exceeded the standard. Under panic, the stocks in the liquor sector were collectively sold off by investors, and the aftermath continued in the following three months.<a href=\"https://laohu8.com/S/600519\">Kweichow Moutai</a>、<a href=\"https://laohu8.com/S/000858\">Wuliangye</a>Equal heavyweights fell more than 30%. On December 4, 2012, the Shanghai Composite Index also fell to 1949 points.</p><p><b>Year 2013</b>The \"money shortage\" once made the overnight lending rate soar to 25%, and the Shanghai Composite Index fell to 1849 points. In June, 2013, the market exposed rumors of capital default due to tight liquidity, and the interbank dismantling rate rose rapidly, among which the overnight lending rate rose particularly rapidly. On June 20th, the overnight lending rate once rose to 25%, and the pledged repo rate rose to 30%. Previously, in May, the overnight offering rate was only around 4%. The panic in the money market also spread to the whole financial market, and the Shanghai and Shenzhen stock markets plummeted. On June 25th, the Shanghai Composite Index fell to a five-year record low of 1849 points.</p><p><b>Year 2015</b>In summer, A-share \"huge shocks\" and \"thousands of shares falling to the limit\" kept happening, and the stock prices of thousands of stocks were quickly \"halved\". In the summer of 2015, due to the news of the sharp reduction of industrial capital and the clearance of over-the-counter capital allocation, the market confidence changed. At that time, A shares had a huge amount of leveraged funds, and the forced liquidation and the decline of stock prices continued to circulate negatively. In just 17 trading days from June 10th to July 8th, the Shanghai Composite Index fell by as much as 32%, and 1,167 stocks fell by more than 50% during this period.</p><p><b>Early 2016</b>Under the \"fuse market\", the Shanghai Composite Index fell by as much as 22% in January. On January 1, 2016, A shares officially started to implement the fuse mechanism. However, due to the two declines on January 4 and January 7, the threshold was triggered to suspend all-day trading, which aggravated the market panic. On January 8, the fuse mechanism was suspended. Affected by the \"fuse market\", the Shanghai Composite Index fell by as much as 22% in January of that year.</p><p><b>Year 2018</b>Under the Sino-US trade friction, the Shanghai Composite Index plummeted by nearly 25% throughout the year. At the beginning of 2018, the cloud of the Sino-US trade war hung over A-shares. By mid-June, China and the United States officially promised to start imposing tariffs in the following period, and A-shares plunged rapidly. The Shanghai Composite Index plummeted by 25% throughout the year, and none of the 28 industries rose throughout the year. More than 90% of stocks closed with a decline throughout the year.</p><p><b>Year 2020</b>COVID pandemic spread. In March 2020, the COVID-19 epidemic spread to the world, and U.S. stocks were fused four times in March. Even Buffett felt that he was \"living for a long time\". Some well-known researchers claimed that the impact of the COVID-19 epidemic would be comparable to that of the Great Depression, and the Shanghai Composite Index also plummeted by 4.51% in March.</p><p><b>Not afraid of turning shock waves, 14% of individual stocks 3 times in 10 years</b></p><p>For investors in the shockwave of the stock market, pessimism seems endless, and hope is always late. When they see that their principal or profits seem to be completely lost, they will inevitably panic and anxiety. If you can't control your emotions well at this time, investors will often sell at a low point and panic and sell stocks at any cost at the lowest moment.</p><p>Looking at the long history, despite six shock waves, in the 10 years from 2012 to 2021, 761 stocks more than doubled, accounting for 40% of the 1,910 listed companies with comparable data in the same period. Time will eventually stand on the side of investors.</p><p><b>According to the statistics of Chinese brokerage reporters, among the 1,910 listed companies listed before 2012 without backdoor restructuring or delisting, 761 stocks have more than doubled in the past 10 years (2012-2021), accounting for 40%.</b></p><p>Excellent companies have increased even more astonishingly. 50 stocks have increased more than ten times in the past 10 years, and 275 stocks have increased more than three times.</p><p>Statistics also show that 1,526 stocks have gained positively in the past 10 years, accounting for 80% of companies with comparable data. However, 50 stocks have fallen by more than 50% in the past 10 years, and several stocks have been delisted, which has cost investors heavily.</p><p><b>Performance is a major factor driving stock price upward</b></p><p>Despite the ups and downs of the market, what investors have to do is choose the right stock. It is not the market that determines the fate of investors, but the income of listed companies.</p><p>The leap in performance is the main reason for the rise of individual stocks.<a href=\"https://laohu8.com/S/002475\">Luxshare Precision</a>The company's share price has risen 30 times in the past 10 years, and the company's net profit attributable to the parent has also risen 26 times in the past 10 years. In 2011, the company's net profit attributable to the parent was only 258 million yuan, and in 2021, Luxshare Precision's net profit attributable to the parent was 7.07 billion yuan.</p><p><a href=\"https://laohu8.com/S/300124\">Inovance Technology</a>The company's share price has increased 14 times in the past 10 years, and the company's net profit attributable to the parent has increased 9.4 times in the past 10 years. In 2011, the net profit attributable to the parent was only 340 million yuan, and in 2021, the net profit attributable to the parent of Huichuan Technology was 3.53 billion yuan.</p><p><a href=\"https://laohu8.com/S/002415\">Hikvision</a>The company's share price has risen 11-fold in the past 10 years, and the company's net profit attributable to the parent has risen 10-fold in the past 10 years. The net profit attributable to the parent in 2011 was 1.48 billion yuan, and the net profit attributable to the parent in 2021 was 16.8 billion yuan.</p><p><a href=\"https://laohu8.com/S/600309\">Wanhua Chemical</a>The company's share price has risen 11.6 times in the past 10 years, and the company's net profit attributable to the parent has risen 12.3 times in the past 10 years. The net profit attributable to the parent in 2011 was 1.85 billion yuan, and the net profit attributable to the parent in 2021 was 24.65 billion yuan.</p><p><b>Don't be a seller forced to sell in a panic</b></p><p>\"If you run into a stock market crash and sell your holdings in a panic, I advise you not to invest in stocks. It's usually not a wise decision to sell your stocks when you hear bad news,\" Buffett said in a letter to shareholders.</p><p>The panic market provides a good opportunity to enter the market, and it is such moments that will have the highest potential gains. If there are no funds to add positions at this time, we should also keep psychological calm and ignore the pessimistic market trend. In the midst of panic, investors should remember that they should be buyers at this time, and avoid becoming miserable sellers caused by psychological endurance or financial arrangements.</p><p><a href=\"https://laohu8.com/S/OAK\">Oaktree Capital</a>In a crisis, Howard Marks said, \"The Most Important Thing in Investing,\" the key is to stay away from the forces of forced selling and position ourselves as buyers. To meet this standard, investors need to do the following:<b>Believe firmly in value, use little or no leverage, have long-term capital and tenacious willpower; Backed by a contrarian mentality and a strong balance sheet, you can only reap amazing gains in a disaster if you wait patiently.</b></p><p>Because it looks like some adverse events will happen in the capital market every two years, Peter Lynch also said, this is why you must keep in mind a very important principle. Never buy stocks or funds with your college tuition, wedding expenses or other upcoming expenses next year, so that you don't have to be forced to sell stocks in a plummeting market for cash to pay the necessary expenses. If you are a long-term investor, then time will eventually be on your side.</p><p>Zhong Zhaomin, chairman of Oriental Marathon, said that in the capital market, although a certain price reflects value for a long time, she is like a princess dominated by violent temper and emotion, sometimes crazy and sometimes panicked. The stock market is a problem of economics most of the time, and reasonable profit returns can be earned through qualitative research and quantitative estimation; But in extreme cases, it is philosophical speculation, dare to think in the reverse, dare to invest in the reverse. Situations that are rare for a hundred and a thousand years have happened, and the probability of even more difficult situations and worsening injury is very low. We must learn to think in the reverse: the sky can't fall! It's useless to get cash if it collapses. We should use our Chinese philosophy to think about whether it will be extremely successful.</p><p>Zhong Zhaomin believes that profit growth is the biggest factor driving the stock price rise. \"The long-term investment income comes from three parts, the national average alpha, the industry alpha and the outstanding enterprises alpha. Among them, the largest part comes from the outstanding enterprises alpha. In the long run, the market is a weighing machine, and profit is the biggest factor driving the growth of stock price.\" Zhong Zhaomin said that investing with the mentality of being a shareholder is keeping your duty and returning to nature, which is the smartest and wisest investment method.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A shares have had six shock waves in the past ten years, but these 50 shares have risen 10 times!</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\">\nA shares have had six shock waves in the past ten years, but these 50 shares have risen 10 times!\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/9\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">券商中国 </p>\n<p class=\"h-time smaller\">2022-04-24 08:57</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Since the beginning of this year, affected by the COVID-19 epidemic and the Russia-Ukraine war, A-shares have continued to be overwhelmed by black clouds. The GEM index fell by as much as 30% at the end of the year, and the Shanghai Composite Index also fell by more than 10% during the year. Recently, it has hovered below 3,100 points.</p><p>In the current market, investors' hearts are inevitably full of anxiety. However, judging from the past ten years' history of A shares and the century-old investment history of US stocks, the crisis will eventually pass, and bull stocks keep hitting new highs at the end of the crisis.</p><p>A-share bulls are short and bears are long. If investors don't have a stable mind and long-term investment belief, it is easy to sell at a low point in shock waves again and again. In the past decade, A-shares have faced some vigorous \"big events\" almost every two years on average, such as the \"money shortage\" in 2013, the clean-up of off-market funding in 2015, the Sino-US trade friction in 2018, and the spread of COVID-19 epidemic in early 2020...</p><p>However, these \"big events\" that have caused temporary panic have not affected the good company's goal. According to the statistics of China's \"Investment in Xiaohongshu\" reporter, in the past 10 years (2012-2021), nearly 40% of stocks with comparable data have more than doubled, which means that the annualized rate of return of these stocks exceeds 7%, outperforming bonds and wealth management products in the same period. Among them, 14% of outstanding companies increased by more than 3 times, and 3% of outstanding companies increased by more than 10 times.</p><p><b>The same is true for U.S. stocks. There were six panics in the 19th century. As Buffett said, sometimes the market plummets, perhaps by more than 50%, but stocks are a better long-term choice for those who have long-term funds, can control their emotions and have a sound investment framework.</b></p><p>From the perspective of historical changes, those investors who can draw wisdom from history and integrate knowledge and action choose to make good rewards in the long run.</p><p><b>A shares have experienced 6 shockwaves in the past 10 years</b></p><p>Some people say that a financial history is actually a history of crisis.</p><p>After the subprime mortgage crisis in the United States in 2008, Buffett said in an interview with CCTV that the United States has a history of about 200 years, but it may have experienced 15 financial crises. After six recessions in the 19th century, we called it recession then, and now we call it panic. While recessions and panics can happen from time to time, it does not amount to a bottomless pit. There are some bad years in every century, but there are more good years than bad years, and the country doesn't stop moving forward, as it is in China and the United States.</p><p>Back to A shares, in the 10 years from 2012 to 2021, there were actually six influential shock waves. Every time the impact comes, investors with insufficient mental preparation feel that Mount Tai is overwhelmed. However, if it is placed in historical coordinates, the mark left by the temporary panic event on the stock market is like the ripples in the sea, which is not to be feared.</p><p><b>November 2012</b>The \"plasticizer\" crisis once hit the liquor sector hard, hitting the Shanghai Composite Index to 1949 points, commonly known as \"liberation bottom\". On November 19th, 2012, the media published the news that the plasticizer of a liquor company seriously exceeded the standard. Under panic, the stocks in the liquor sector were collectively sold off by investors, and the aftermath continued in the following three months.<a href=\"https://laohu8.com/S/600519\">Kweichow Moutai</a>、<a href=\"https://laohu8.com/S/000858\">Wuliangye</a>Equal heavyweights fell more than 30%. On December 4, 2012, the Shanghai Composite Index also fell to 1949 points.</p><p><b>Year 2013</b>The \"money shortage\" once made the overnight lending rate soar to 25%, and the Shanghai Composite Index fell to 1849 points. In June, 2013, the market exposed rumors of capital default due to tight liquidity, and the interbank dismantling rate rose rapidly, among which the overnight lending rate rose particularly rapidly. On June 20th, the overnight lending rate once rose to 25%, and the pledged repo rate rose to 30%. Previously, in May, the overnight offering rate was only around 4%. The panic in the money market also spread to the whole financial market, and the Shanghai and Shenzhen stock markets plummeted. On June 25th, the Shanghai Composite Index fell to a five-year record low of 1849 points.</p><p><b>Year 2015</b>In summer, A-share \"huge shocks\" and \"thousands of shares falling to the limit\" kept happening, and the stock prices of thousands of stocks were quickly \"halved\". In the summer of 2015, due to the news of the sharp reduction of industrial capital and the clearance of over-the-counter capital allocation, the market confidence changed. At that time, A shares had a huge amount of leveraged funds, and the forced liquidation and the decline of stock prices continued to circulate negatively. In just 17 trading days from June 10th to July 8th, the Shanghai Composite Index fell by as much as 32%, and 1,167 stocks fell by more than 50% during this period.</p><p><b>Early 2016</b>Under the \"fuse market\", the Shanghai Composite Index fell by as much as 22% in January. On January 1, 2016, A shares officially started to implement the fuse mechanism. However, due to the two declines on January 4 and January 7, the threshold was triggered to suspend all-day trading, which aggravated the market panic. On January 8, the fuse mechanism was suspended. Affected by the \"fuse market\", the Shanghai Composite Index fell by as much as 22% in January of that year.</p><p><b>Year 2018</b>Under the Sino-US trade friction, the Shanghai Composite Index plummeted by nearly 25% throughout the year. At the beginning of 2018, the cloud of the Sino-US trade war hung over A-shares. By mid-June, China and the United States officially promised to start imposing tariffs in the following period, and A-shares plunged rapidly. The Shanghai Composite Index plummeted by 25% throughout the year, and none of the 28 industries rose throughout the year. More than 90% of stocks closed with a decline throughout the year.</p><p><b>Year 2020</b>COVID pandemic spread. In March 2020, the COVID-19 epidemic spread to the world, and U.S. stocks were fused four times in March. Even Buffett felt that he was \"living for a long time\". Some well-known researchers claimed that the impact of the COVID-19 epidemic would be comparable to that of the Great Depression, and the Shanghai Composite Index also plummeted by 4.51% in March.</p><p><b>Not afraid of turning shock waves, 14% of individual stocks 3 times in 10 years</b></p><p>For investors in the shockwave of the stock market, pessimism seems endless, and hope is always late. When they see that their principal or profits seem to be completely lost, they will inevitably panic and anxiety. If you can't control your emotions well at this time, investors will often sell at a low point and panic and sell stocks at any cost at the lowest moment.</p><p>Looking at the long history, despite six shock waves, in the 10 years from 2012 to 2021, 761 stocks more than doubled, accounting for 40% of the 1,910 listed companies with comparable data in the same period. Time will eventually stand on the side of investors.</p><p><b>According to the statistics of Chinese brokerage reporters, among the 1,910 listed companies listed before 2012 without backdoor restructuring or delisting, 761 stocks have more than doubled in the past 10 years (2012-2021), accounting for 40%.</b></p><p>Excellent companies have increased even more astonishingly. 50 stocks have increased more than ten times in the past 10 years, and 275 stocks have increased more than three times.</p><p>Statistics also show that 1,526 stocks have gained positively in the past 10 years, accounting for 80% of companies with comparable data. However, 50 stocks have fallen by more than 50% in the past 10 years, and several stocks have been delisted, which has cost investors heavily.</p><p><b>Performance is a major factor driving stock price upward</b></p><p>Despite the ups and downs of the market, what investors have to do is choose the right stock. It is not the market that determines the fate of investors, but the income of listed companies.</p><p>The leap in performance is the main reason for the rise of individual stocks.<a href=\"https://laohu8.com/S/002475\">Luxshare Precision</a>The company's share price has risen 30 times in the past 10 years, and the company's net profit attributable to the parent has also risen 26 times in the past 10 years. In 2011, the company's net profit attributable to the parent was only 258 million yuan, and in 2021, Luxshare Precision's net profit attributable to the parent was 7.07 billion yuan.</p><p><a href=\"https://laohu8.com/S/300124\">Inovance Technology</a>The company's share price has increased 14 times in the past 10 years, and the company's net profit attributable to the parent has increased 9.4 times in the past 10 years. In 2011, the net profit attributable to the parent was only 340 million yuan, and in 2021, the net profit attributable to the parent of Huichuan Technology was 3.53 billion yuan.</p><p><a href=\"https://laohu8.com/S/002415\">Hikvision</a>The company's share price has risen 11-fold in the past 10 years, and the company's net profit attributable to the parent has risen 10-fold in the past 10 years. The net profit attributable to the parent in 2011 was 1.48 billion yuan, and the net profit attributable to the parent in 2021 was 16.8 billion yuan.</p><p><a href=\"https://laohu8.com/S/600309\">Wanhua Chemical</a>The company's share price has risen 11.6 times in the past 10 years, and the company's net profit attributable to the parent has risen 12.3 times in the past 10 years. The net profit attributable to the parent in 2011 was 1.85 billion yuan, and the net profit attributable to the parent in 2021 was 24.65 billion yuan.</p><p><b>Don't be a seller forced to sell in a panic</b></p><p>\"If you run into a stock market crash and sell your holdings in a panic, I advise you not to invest in stocks. It's usually not a wise decision to sell your stocks when you hear bad news,\" Buffett said in a letter to shareholders.</p><p>The panic market provides a good opportunity to enter the market, and it is such moments that will have the highest potential gains. If there are no funds to add positions at this time, we should also keep psychological calm and ignore the pessimistic market trend. In the midst of panic, investors should remember that they should be buyers at this time, and avoid becoming miserable sellers caused by psychological endurance or financial arrangements.</p><p><a href=\"https://laohu8.com/S/OAK\">Oaktree Capital</a>In a crisis, Howard Marks said, \"The Most Important Thing in Investing,\" the key is to stay away from the forces of forced selling and position ourselves as buyers. To meet this standard, investors need to do the following:<b>Believe firmly in value, use little or no leverage, have long-term capital and tenacious willpower; Backed by a contrarian mentality and a strong balance sheet, you can only reap amazing gains in a disaster if you wait patiently.</b></p><p>Because it looks like some adverse events will happen in the capital market every two years, Peter Lynch also said, this is why you must keep in mind a very important principle. Never buy stocks or funds with your college tuition, wedding expenses or other upcoming expenses next year, so that you don't have to be forced to sell stocks in a plummeting market for cash to pay the necessary expenses. If you are a long-term investor, then time will eventually be on your side.</p><p>Zhong Zhaomin, chairman of Oriental Marathon, said that in the capital market, although a certain price reflects value for a long time, she is like a princess dominated by violent temper and emotion, sometimes crazy and sometimes panicked. The stock market is a problem of economics most of the time, and reasonable profit returns can be earned through qualitative research and quantitative estimation; But in extreme cases, it is philosophical speculation, dare to think in the reverse, dare to invest in the reverse. Situations that are rare for a hundred and a thousand years have happened, and the probability of even more difficult situations and worsening injury is very low. We must learn to think in the reverse: the sky can't fall! It's useless to get cash if it collapses. We should use our Chinese philosophy to think about whether it will be extremely successful.</p><p>Zhong Zhaomin believes that profit growth is the biggest factor driving the stock price rise. \"The long-term investment income comes from three parts, the national average alpha, the industry alpha and the outstanding enterprises alpha. Among them, the largest part comes from the outstanding enterprises alpha. In the long run, the market is a weighing machine, and profit is the biggest factor driving the growth of stock price.\" Zhong Zhaomin said that investing with the mentality of being a shareholder is keeping your duty and returning to nature, which is the smartest and wisest investment method.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ebb146d9df27844cb787ad545c50986d","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184606092","content_text":"今年以来受新冠疫情、俄乌战争的影响,A股持续黑云压顶,创业板指数年底跌幅高达30%,上证指数年内跌幅也超过10%,近期更是徘徊在3100点以下。裹挟在当下行情中投资者的内心难免充满焦虑,但从过去A股十年的历史,以及美股百年的投资史来看,危机终将过去,而牛股都是在危机结束时不断创出新高。A股牛短熊长,投资者如果没有稳定的心智和长期投资信念的话,很容易在一次又一次的冲击波中卖在低点。在过去十年间,A股几乎平均每过两年就要面对一些轰轰烈烈的“大事”发生,比如2013年的“钱荒”、2015年的清理场外配资、2018年的中美贸易摩擦、2020年初的新冠疫情蔓延……但这些曾引发一时恐慌的“大事”都没有影响好公司的走牛。券商中国·“投资小红书”记者统计显示,过去10年(2012年~2021年),近四成具有可比数据的股票涨幅超过一倍,意味着这些股票的年化收益率超过7%,跑赢债券和同期理财产品。其中,14%的优秀公司涨幅更是超过3倍,3%的卓越公司涨幅超过10倍。美股亦然,19世纪就发生过6次恐慌。就如巴菲特所说的,有时市场会出现暴跌,幅度可能达50%以上,但对于那些拥有长期资金,且能控制自己情绪,有一个稳妥投资框架的人来说,股票是更好的长期选择。从历史变迁的视野来看,那些能从历史中汲取智慧,并且知行合一的投资者选择长期终有厚报。A股过去10年历经6次冲击波有人说,一部金融史其实就是一部危机史。在2008年美国次贷危机发生之后,巴菲特在接受央视采访时表示,美国大概200年历史,却可能经历了15次金融危机。在19世纪经历了6次衰退,当时称其为衰退,现在我们把它叫做恐慌。虽然衰退和恐慌会不时发生,但这不等于一个无底洞。每个世纪里都有一些不景气的年头,但好年份多过坏年份,这个国家就不会停止前进,在中国和美国都是这样。回到A股,在2012年至2021年的10年中,其实也发生过6次有影响力的冲击波。每一次的冲击来临,心理准备不足的投资人都感觉泰山压顶,但如果放在历史的坐标里,曾引发一时的恐慌事件给股市留下的印记,就如大海中的波纹,不足为惧。2012年11月的“塑化剂”危机曾重击白酒板块,将上证指数打至1949点,俗称“解放底”。2012年11月19日,媒体刊发某白酒公司塑化剂严重超标的新闻,恐慌之下,白酒板块中的股票被投资者集体抛售,此后的3个月余波不断,贵州茅台、五粮液等权重股跌幅超过30%。2012年12月4日,上证指数也下挫至1949点。2013年的“钱荒”曾让隔夜拆借利率一度飙升至25%,沪指跌至1849点。2013年6月,市场曝出由于流动性紧张而发生资金违约的传闻,银行同业拆解利率迅速攀升,其中隔夜拆借利率涨幅尤为迅猛。6月20日,隔夜拆借利率一度冲高到25%,质押式回购利率冲高到30%。此前的5月份,隔夜拆放利率仅为4%左右。货币市场的恐慌情绪也蔓延至整个金融市场,沪深两市大跌。6月25日,上证指数跌至1849点的5年历史新低。2015年夏天A股“巨震”,“ 千股跌停”不断发生,上千只个股股价快速被“腰斩”。2015年夏天,由于产业资本大幅减持和清理场外配资等消息,引发市场信心转变,而A股当时存在巨量的杠杆资金,强制平仓与股价下跌不断负向循环。从6月10日开始到7月8日短短17个交易日中,沪指跌幅高达32%,1167只个股在此期间跌幅超过50%。2016年初的“熔断行情”之下,沪指在1月份的跌幅就高达22%。2016年1月1日,A股正式开始实施熔断机制,然而由于1月4日和1月7日两次下跌触发阈值暂停全天交易,加剧了市场恐慌,1月8日熔断机制就宣告暂停。受“熔断行情”的影响,沪指在当年1月份的跌幅高达22%。2018年的中美贸易摩擦之下,沪指全年大跌近25%。2018年年初,中美贸易战的阴云就笼罩在A股上方,到6月中旬,中美双方正式承诺将在随后一段时间开始征收关税,A股急速跳水。沪指全年大跌25%,28个行业全年无一上涨,超过九成个股全年以下跌报收。2020年新冠疫情蔓延。2020年3月份,新冠疫情向全球蔓延,美股在3月份就熔断了4次,连巴菲特也感觉“活久见”,有知名研究人士声称新冠疫情带来的影响将堪比大萧条,沪指3月份也大跌4.51%。不惧轮番冲击波,14%的个股10年3倍对于身处股市冲击波之中的投资人来说,悲观情绪似乎没完没了,希望总是姗姗来迟,眼见自己的本金或者利润似乎要全盘损失时,难免会恐慌焦虑。如果此时不能很好的把控情绪,投资者往往会卖在低点,在最低迷的时刻,不惜代价地恐慌抛出股票。而拉长历史来看,尽管经历过6次冲击波,但在2012年至2021年的10年中,761只个股涨幅超过一倍,占到同期具有可比数据1910家上市公司的40%,时间终究会站在投资者的一边。券商中国记者的统计显示,在2012年之前上市且没有借壳重组或退市的1910家上市公司中,761只个股在过去10年(2012年~2021年)上涨超过一倍,占比为40%。优秀公司更是涨幅惊人,50只个股过去10年涨幅超过十倍,275只个股涨幅在3倍以上。统计数据还显示,1526只个股在过去10年中涨幅为正,占到具有可比数据公司的八成。但也有50只个股在过去10年间跌幅超过50%,还有多只股票惨遭退市,这都让投资者损失惨重。业绩是推动股价上涨的主要因素尽管大市跌宕起伏,但投资者要做的是选择一只正确的股票,决定投资者命运的并非是大市,而是上市公司的收益。业绩的飞跃是推动个股上涨的主因。立讯精密的股价在过去10年间上涨了30倍,该公司的归母净利润在过去10年间也上升了26倍.2011年该公司的归母净利润仅为2.58亿元,2021年立讯精密的归母净利润为70.7亿元。汇川技术的股价在过去10年上涨了14倍,该公司的归母净利润在过去10年上升了9.4倍,2011年归母净利润仅为3.4亿元,2021年汇川技术的归母净利润为35.3亿元。海康威视的股价过去10年上涨了11倍,该公司的归母净利润在过去10年上升了10倍,2011年的归母净利润为14.8亿元,2021年的归母净利润为168亿元。万华化学的股价过去10年上涨了11.6倍,该公司的归母净利润在过去10年上升了12.3倍,2011年的归母净利润为18.5亿元,2021年的归母净利润为246.5亿元。恐慌当中不做被强迫卖出的卖家“如果你碰到股市崩盘,会恐慌性地抛售手中的持股,我建议你最好不要投资股票,听到坏消息而把手中的股票卖掉通常不是一个明智的决定。”巴菲特在致股东的信中如是说。恐慌行情提供了良好的进场机会,正是这样的时刻才会有最高的潜在收益。如果此时没有加仓的资金,那也要保持心理的淡定,对悲观的市场走势做到不闻不问。在恐慌当中,投资者要牢记此时应该做买家,避免成为因心理承受力或者财务安排上的原因而导致的悲惨卖家。橡树资本霍华德﹒马克斯在《投资最重要的事》一书中表示,危机中,我们的关键要做到远离强制卖出的力量,并把自己定位买家,为了达到这一标准,投资者需要做到以下几点:坚信价值,少用或不用杠杆,拥有长期资本和顽强的意志力;在逆向投资的心态和强大资产负债表的支撑下,你只有耐心等待,才能在灾难中收获惊人的收益。正因为资本市场每过两年看起来都会发生一些不利事件,彼得林奇也说,这就是为什么你一定牢记在心的非常重要的一个原则,绝不要用你明年的大学学费、结婚费用或其他即将开支的资金买股票或者基金,这样你就不必在一个大跌的市场中被迫卖出股票以换成现金来支付不得不付的必要开支,如果你是一个长线投资者,那么时间最终会站在你这一边。东方马拉松董事长钟兆民表示,资本市场,虽然长期一定价格反映价值,但她像一个脾气暴烈情绪主导的公主,时而疯狂,时而恐慌。股市大部分时间是经济学的问题,可以通过定性的研究和定量的估算,赚取合理的利润回报;但在极端情况下,是哲学的思辨,敢于逆向思考,敢于逆向投资。百年千年难遇的情况都发生了,再有更加困难的情景、再雪上加霜的概率很低,要学会逆向思考:天塌不下来!若真塌了拿现金也没用。要运用我们中国的哲学来思考,否极会泰来。钟兆民认为,利润增长是驱动股价上涨的最大因素。“长期投资收益来自三个部分,国家平均的阿尔法、行业的阿尔法以及杰出企业的阿尔法,其中,最大的部分还是来自杰出企业的阿尔法。长期而言,市场是称重器,利润是驱动股价增长的最大因素。”钟兆民说,以做股东的心态做投资,是守本分、是返璞归真,是最聪明、最智慧的投资方法。","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":2417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9015222595,"gmtCreate":1649492594430,"gmtModify":1676534521303,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578030955737208","idStr":"3578030955737208"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SKLZ\">$Skillz Inc(SKLZ)$</a>hopeless ","listText":"<a href=\"https://ttm.financial/S/SKLZ\">$Skillz Inc(SKLZ)$</a>hopeless ","text":"$Skillz Inc(SKLZ)$hopeless","images":[{"img":"https://community-static.tradeup.com/news/fac61038e9f0babd6d1b5f5a5c90630c","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015222595","isVote":1,"tweetType":1,"viewCount":2432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9092112324,"gmtCreate":1644551740499,"gmtModify":1676533940452,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578030955737208","idStr":"3578030955737208"},"themes":[],"htmlText":"Good news ","listText":"Good news ","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092112324","repostId":"2210233561","repostType":2,"repost":{"id":"2210233561","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1644545875,"share":"https://ttm.financial/m/news/2210233561?lang=en_US&edition=fundamental","pubTime":"2022-02-11 10:17","market":"sg","language":"en","title":"MSCI to Add Grab, 20 Stocks to Global Index","url":"https://stock-news.laohu8.com/highlight/detail?id=2210233561","media":"Reuters","summary":"HONG KONG, Feb 10 (Reuters) - MSCI will add Singaporean ride hailer Grab and 20 other securities to ","content":"<html><head></head><body><p>HONG KONG, Feb 10 (Reuters) - MSCI will add Singaporean ride hailer Grab and 20 other securities to its flagship global index in a quarterly review, the equity index compiler said in a statement late Wednesday.</p><p>Eleven securities will be removed from MSCI's ACWI Index, which tracks stocks from 23 developed markets and 25 emerging markets.</p><p>The changes will take effect from market close on Feb. 28.</p><p>MSCI also made changes to several other indexes, including adding China Mobile to its MSCI China A Onshore Index, which tracks large- and mid-cap stocks listed in Shenzhen and Shanghai.</p><p>China Mobile, which is also listed in Hong Kong, raised $7.64 billion in its Shanghai listing last month, China's biggest public share offering in a decade.</p><p>Grab debuted on the Nasdaq in December after a $40 billion merger with a special purpose acquisition company.</p><p>Other additions to the global index include Irish aircraft leasing company AerCap, which last year said it would buy GE's aircraft leasing unit in a $30 billion deal and U.S. Real Estate Investment Trust Kimco Realty Corp.</p><p>The results of MSCI's next index review will be announced on May 12.</p></body></html>","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>MSCI to Add Grab, 20 Stocks to Global Index</title>\n<style 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}\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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nMSCI to Add Grab, 20 Stocks to Global Index\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-02-11 10:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>HONG KONG, Feb 10 (Reuters) - MSCI will add Singaporean ride hailer Grab and 20 other securities to its flagship global index in a quarterly review, the equity index compiler said in a statement late Wednesday.</p><p>Eleven securities will be removed from MSCI's ACWI Index, which tracks stocks from 23 developed markets and 25 emerging markets.</p><p>The changes will take effect from market close on Feb. 28.</p><p>MSCI also made changes to several other indexes, including adding China Mobile to its MSCI China A Onshore Index, which tracks large- and mid-cap stocks listed in Shenzhen and Shanghai.</p><p>China Mobile, which is also listed in Hong Kong, raised $7.64 billion in its Shanghai listing last month, China's biggest public share offering in a decade.</p><p>Grab debuted on the Nasdaq in December after a $40 billion merger with a special purpose acquisition company.</p><p>Other additions to the global index include Irish aircraft leasing company AerCap, which last year said it would buy GE's aircraft leasing unit in a $30 billion deal and U.S. Real Estate Investment Trust Kimco Realty Corp.</p><p>The results of MSCI's next index review will be announced on May 12.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSCI":"MSCI Inc","00941":"中国移动","GRAB":"Grab Holdings","BK4112":"金融交易所和数据","AER":"Aercap飞机租赁","KIM":"金科"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2210233561","content_text":"HONG KONG, Feb 10 (Reuters) - MSCI will add Singaporean ride hailer Grab and 20 other securities to its flagship global index in a quarterly review, the equity index compiler said in a statement late Wednesday.Eleven securities will be removed from MSCI's ACWI Index, which tracks stocks from 23 developed markets and 25 emerging markets.The changes will take effect from market close on Feb. 28.MSCI also made changes to several other indexes, including adding China Mobile to its MSCI China A Onshore Index, which tracks large- and mid-cap stocks listed in Shenzhen and Shanghai.China Mobile, which is also listed in Hong Kong, raised $7.64 billion in its Shanghai listing last month, China's biggest public share offering in a decade.Grab debuted on the Nasdaq in December after a $40 billion merger with a special purpose acquisition company.Other additions to the global index include Irish aircraft leasing company AerCap, which last year said it would buy GE's aircraft leasing unit in a $30 billion deal and U.S. Real Estate Investment Trust Kimco Realty Corp.The results of MSCI's next index review will be announced on May 12.","news_type":1,"symbols_score_info":{"GRAB":0,"00941":0,"AER":0,"MSCI":0,"KIM":0}},"isVote":1,"tweetType":1,"viewCount":2580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164322475,"gmtCreate":1624173293297,"gmtModify":1703830158813,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578030955737208","idStr":"3578030955737208"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/164322475","repostId":"1130870510","repostType":4,"repost":{"id":"1130870510","kind":"news","pubTimestamp":1624154800,"share":"https://ttm.financial/m/news/1130870510?lang=en_US&edition=fundamental","pubTime":"2021-06-20 10:06","market":"hk","language":"zh","title":"Rate cuts? It was just a beautiful misunderstanding","url":"https://stock-news.laohu8.com/highlight/detail?id=1130870510","media":" 国元证券杨为敩","summary":"国元证券分析表示,在报价方式改变后,不同期限存款利率升降不一;当前环境下,货币政策宽松概率很低,若通胀下半年继续超预期,货币政策可能不松反紧。\n\n 编者注:此前券商中国报道称,多家银行向分行下发了调整","content":"<p>According to the analysis of Guoyuan Securities, after the quotation method was changed, the interest rates of deposits with different maturities rose and fell differently; In the current environment, the probability of monetary policy easing is very low. If inflation continues to exceed expectations in the second half of the year, monetary policy may not be loose but tight.</p><p>Editor's note: Previously, Brokerage China reported that a number of banks issued notices to branches to adjust the authorized management of deposit interest rates. Self-regulatory mechanisms set different basis point caps for different types of banks. After the quotation method is changed, the interest rate of deposits with a term of less than one year has increased, the interest rate of one year has remained unchanged, and most deposit products with a term of more than one year have to be lowered. Some market analysts interpret it as a disguised interest rate cut.<b>1. The self-discipline mechanism of market interest rate pricing is actually a self-discipline mechanism established by various places to soft restrict the interest rate increase after the central bank's deposit interest rate limit was lifted in 2015.</b></p><p><b>2. The definition method of the upper limit of deposit interest rate is adjusted from \"benchmark interest rate * floating ratio\" to \"benchmark interest rate + floating basis point\". Its original intention is probably to unify the measurement methods of the upper limit of deposit interest rate and the upper limit of loan interest rate, and the regulatory authorities may not have the consideration of guiding the interest rate in one direction through this mechanism.</b></p><p><b>3. After the quotation method is changed, the deposit interest rates of different maturities also rise and fall differently. For most banks, the interest rate on deposits over 1 year will decrease and that on deposits under 1 year will rise.</b></p><p><b>4. In theory, this will increase the duration of bank assets and reduce the capital cost of the whole society, but the reality may not be satisfactory:</b></p><p>1) The total deposit interest rate may not change much as a result. Within a reasonable scope, the bank's deposit interest rate is caused by the supply and demand of deposits, and its interest rate level does not simply reach the upper limit. In addition, if the bank is rational, the price comparison relationship between the bank's deposit interest rate and the cost of non-deposit liability channels (financial bonds and CDS) will also restrict the deposit interest rate from excessively deviating from the marketization track;</p><p>2) Even if the deposit interest rate changes, the transmission of the deposit interest rate to the asset-side cost is not smooth. Previously, banks would maintain an appropriate level of net interest margin through maturity mismatch within a certain limit. However, when this policy narrows the spread of long-term and short-term liability costs of banks, the willingness of banks to maturity mismatch will inevitably decrease, which will lead to the capital cost of the whole society not necessarily decreasing as a result.</p><p><b>5. In the current environment, the probability of loose monetary policy is very low:</b></p><p>1) The current position of monetary policy is obviously more loose than the reasonable position given by economic fundamentals, at least it does not reflect the current rapidly rising inflation level. If inflation continues to exceed expectations in the second half of the year, the monetary policy may not be loose but tight in the second half of the year.</p><p>2) The current policy interest rate is already too low. When the epidemic caused a severe economic recession in Q1 last year, the interest rates of MLF, reverse repurchase, LPR and other policy instruments were each lowered by as much as 30bp. However, after the follow-up environment recovered, these policy interest rates remained at an ultra-low level, which made it unnecessary to continue to use the easing of price policies.</p><p><b>6. In particular, this policy may not be obviously beneficial to interest rate bonds. If the duration of bank assets does not rise but falls, the yield of interest rate bonds at the long-end or short-end may not necessarily decline significantly. If the bond market remains unmoved, the impact of other assets by this policy should be quite limited.</b></p>","source":"highlight_wallstreetcn","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>Rate cuts? It was just a beautiful misunderstanding</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\">\nRate cuts? It was just a beautiful misunderstanding\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\"> 国元证券杨为敩</strong><span class=\"h-time small\">2021-06-20 10:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>According to the analysis of Guoyuan Securities, after the quotation method was changed, the interest rates of deposits with different maturities rose and fell differently; In the current environment, the probability of monetary policy easing is very low. If inflation continues to exceed expectations in the second half of the year, monetary policy may not be loose but tight.</p><p>Editor's note: Previously, Brokerage China reported that a number of banks issued notices to branches to adjust the authorized management of deposit interest rates. Self-regulatory mechanisms set different basis point caps for different types of banks. After the quotation method is changed, the interest rate of deposits with a term of less than one year has increased, the interest rate of one year has remained unchanged, and most deposit products with a term of more than one year have to be lowered. Some market analysts interpret it as a disguised interest rate cut.<b>1. The self-discipline mechanism of market interest rate pricing is actually a self-discipline mechanism established by various places to soft restrict the interest rate increase after the central bank's deposit interest rate limit was lifted in 2015.</b></p><p><b>2. The definition method of the upper limit of deposit interest rate is adjusted from \"benchmark interest rate * floating ratio\" to \"benchmark interest rate + floating basis point\". Its original intention is probably to unify the measurement methods of the upper limit of deposit interest rate and the upper limit of loan interest rate, and the regulatory authorities may not have the consideration of guiding the interest rate in one direction through this mechanism.</b></p><p><b>3. After the quotation method is changed, the deposit interest rates of different maturities also rise and fall differently. For most banks, the interest rate on deposits over 1 year will decrease and that on deposits under 1 year will rise.</b></p><p><b>4. In theory, this will increase the duration of bank assets and reduce the capital cost of the whole society, but the reality may not be satisfactory:</b></p><p>1) The total deposit interest rate may not change much as a result. Within a reasonable scope, the bank's deposit interest rate is caused by the supply and demand of deposits, and its interest rate level does not simply reach the upper limit. In addition, if the bank is rational, the price comparison relationship between the bank's deposit interest rate and the cost of non-deposit liability channels (financial bonds and CDS) will also restrict the deposit interest rate from excessively deviating from the marketization track;</p><p>2) Even if the deposit interest rate changes, the transmission of the deposit interest rate to the asset-side cost is not smooth. Previously, banks would maintain an appropriate level of net interest margin through maturity mismatch within a certain limit. However, when this policy narrows the spread of long-term and short-term liability costs of banks, the willingness of banks to maturity mismatch will inevitably decrease, which will lead to the capital cost of the whole society not necessarily decreasing as a result.</p><p><b>5. In the current environment, the probability of loose monetary policy is very low:</b></p><p>1) The current position of monetary policy is obviously more loose than the reasonable position given by economic fundamentals, at least it does not reflect the current rapidly rising inflation level. If inflation continues to exceed expectations in the second half of the year, the monetary policy may not be loose but tight in the second half of the year.</p><p>2) The current policy interest rate is already too low. When the epidemic caused a severe economic recession in Q1 last year, the interest rates of MLF, reverse repurchase, LPR and other policy instruments were each lowered by as much as 30bp. However, after the follow-up environment recovered, these policy interest rates remained at an ultra-low level, which made it unnecessary to continue to use the easing of price policies.</p><p><b>6. In particular, this policy may not be obviously beneficial to interest rate bonds. If the duration of bank assets does not rise but falls, the yield of interest rate bonds at the long-end or short-end may not necessarily decline significantly. If the bond market remains unmoved, the impact of other assets by this policy should be quite limited.</b></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3633334\"> 国元证券杨为敩</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ab93f5b286e91abed33d5671db67c8b5","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3633334","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1130870510","content_text":"国元证券分析表示,在报价方式改变后,不同期限存款利率升降不一;当前环境下,货币政策宽松概率很低,若通胀下半年继续超预期,货币政策可能不松反紧。\n\n 编者注:此前券商中国报道称,多家银行向分行下发了调整存款利率授权管理的通知。自律机制针对不同类型的银行设置了不同的基点上限。报价方式改变后,一年期以下的存款利率有所上升,一年期利率水平维持不变,一年期以上的存款产品大多要下调。有市场分析将其解读为变相降息。\n\n1、市场利率定价自律机制实际上是在2015年央行存款利率幅度限制取消后,各个地方对利率上浮幅度进行软性限制而成立的自律机制。\n2、存款利率上限的界定方式由“基准利率*上浮比例”调整到“基准利率+上浮基点”,其初衷很可能是将存款利率上限与贷款利率上限的计量方式统一起来,监管层未必有通过该机制将利率朝一个方向引导的考虑。\n3、在报价方式改变之后,不同期限的存款利率也是升降不一的。对于大多数银行来说,1年期以上的存款利率会下降,而1年期以下的存款利率则会上升。\n4、理论上,这会增加银行资产端的久期,降低全社会的资金成本,但现实未必会表现尽如人意:\n1)总存款利率未必会因此而出现太大变化。在合理的范畴之内,银行的存款利率是由存款供需所导致的,其利率水平并非单纯打到上限,此外,如果银行理性的话,银行的存款利率与非存款负债渠道的成本(金融债及CDS)的比价关系也会约束存款利率过度脱离市场化轨道;\n2)即使存款利率发生变化,存款利率对资产端成本的传导也并不顺畅。银行在此前会通过一定限度内的期限错配去维持一个合适的净息差水平,而在该政策缩窄了银行长短期负债成本的利差的情况下,银行期限错配的意愿不可避免地会下降,这会导致全社会资金成本未必会因此而下降。\n5、在当前的环境之下,货币政策宽松的概率是很低的:\n1)当前货币政策的位置已经明显比经济基本面给出的合理位置更加宽松,至少并没有反映当前迅速向上的通胀水平,若通胀在下半年继续超预期的话,则货币政策在下半年可能不松反紧。\n2)当前的政策利率已经过低,在去年Q1疫情导致经济严重衰退之时,MLF、逆回购、LPR等政策工具利率水平各下调30bp之多,而在后续环境恢复之后,这些政策利率仍然维持在超低的水平之内,这导致继续动用价格政策的宽松并无必要。\n6、尤其是,这一政策未必会对利率债产生明显利好,如果银行资产端的久期不升反降的话,无论长端或短端的利率债收益率都不见得会出现明显下降,如果债券市场岿然不动的话,其他资产受该政策的影响也应相当有限。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169068376,"gmtCreate":1623809437595,"gmtModify":1703820131824,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578030955737208","idStr":"3578030955737208"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/8VI.AU\">$8VIC(8VI.AU)$</a>wow!unbelievable!","listText":"<a href=\"https://laohu8.com/S/8VI.AU\">$8VIC(8VI.AU)$</a>wow!unbelievable!","text":"$8VIC(8VI.AU)$wow!unbelievable!","images":[{"img":"https://static.tigerbbs.com/501628017bd2fec17c4ef064037ba651","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169068376","isVote":1,"tweetType":1,"viewCount":3098,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}