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小狼狗风华无双
小狼狗风华无双
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2022-10-25
$Moving iMage Technologies Inc.(MITQ)$
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小狼狗风华无双
小狼狗风华无双
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2022-10-17
$Moving iMage Technologies Inc.(MITQ)$
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小狼狗风华无双
小狼狗风华无双
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2022-10-10
$Moving iMage Technologies Inc.(MITQ)$
[开心]
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小狼狗风华无双
小狼狗风华无双
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2022-10-01
$腾讯音乐(TME)$
[微笑]
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小狼狗风华无双
小狼狗风华无双
·
2022-10-01
[微笑]
British crisis experience: the entire pension market was almost destroyed!
巨亏本身不是那么可怕，最可怕的是短期连续的巨亏。
British crisis experience: the entire pension market was almost destroyed!
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小狼狗风华无双
小狼狗风华无双
·
2022-10-01
[笑哭] [笑哭] [笑哭]
Sorry, this post has been deleted
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小狼狗风华无双
小狼狗风华无双
·
2022-09-30
[微笑]
One day's net worth shrank by tens of billions, Li Ka-shing recovered 6 billion losses by "hoarding land"
身价缩水百亿后，李嘉诚家族旗下长实集团再次依靠“囤地”获利。由于英镑和欧元大幅贬值，重仓欧洲市场的李嘉诚家族企业遭受重创。9月23日，英国政府推出50年来最大减税政策，结果导致英国遭遇股债汇“三杀”，
One day's net worth shrank by tens of billions, Li Ka-shing recovered 6 billion losses by "hoarding land"
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小狼狗风华无双
小狼狗风华无双
·
2022-09-30
[害羞]
Large options order | Sudden big news, Apple options trading volume surged! Alibaba Put transactions account for more than 80%
一、市场概览 （28/09）美东时间周三，在英国央行紧急干预市场后，市场情绪明显好转，美股大幅上涨，截至收盘，道琼斯指数涨1.88%，报29,683.74点；标普500指数涨1.97%，报3,719.
Large options order | Sudden big news, Apple options trading volume surged! Alibaba Put transactions account for more than 80%
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小狼狗风华无双
小狼狗风华无双
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2022-09-29
$Moving iMage Technologies Inc.(MITQ)$
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小狼狗风华无双
小狼狗风华无双
·
2022-09-29
[微笑]
Changes | Futures indexes all fell, and Chinese concept stocks were sluggish before the market
美股三大指数期货在盘前时段均跌超1%。
Changes | Futures indexes all fell, and Chinese concept stocks were sluggish before the market
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","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916852858","repostId":"1146232184","repostType":4,"repost":{"id":"1146232184","kind":"news","pubTimestamp":1664542806,"share":"https://ttm.financial/m/news/1146232184?lang=en_US&edition=fundamental","pubTime":"2022-09-30 21:00","market":"uk","language":"zh","title":"British crisis experience: the entire pension market was almost destroyed!","url":"https://stock-news.laohu8.com/highlight/detail?id=1146232184","media":"三思期权","summary":"巨亏本身不是那么可怕，最可怕的是短期连续的巨亏。","content":"<p><html><head></head><body>After experiencing this week's storm, this short article will be commemorated in the form of notes. I'm really tired this week, and I'm a little sorry when I'm tired. For such a big event, I didn't have foresight, so I missed this black swan transaction.</p><p>What's a metaphor for what happened this week? I feel closest to March 2020. The British interest rate and the British pound market completely collapsed, the entire British pension market almost fell into the street, and the LDI industry in pensions collapsed overnight. If the whole pension market collapses, it won't be March, it will be 2008. Good thing the central bank came out to rescue the market..</p><p>I'm so tired these two days that I don't want to code too many words. What's probably happening in the market? For basic knowledge, you can read the article Degg _ GlobalMacroFin. In this article, I will focus on my front-line experience.</p><p><img src=\"https://static.tigerbbs.com/3631a2312876324acb9456bbd80c4a2d\" tg-width=\"587\" tg-height=\"114\" referrerpolicy=\"no-referrer\"/></p><p><ul><li>Remember that these two people almost destroyed the huge pension market by themselves. Of course, they can't be blamed for the leverage of the LDI industry. However, the introduction of unrestrained tax reduction policy without experience is the fuse that almost caused the sudden death of the pension market.</p><p></li></ul><img src=\"https://static.tigerbbs.com/70f8e2c3c00e5ca5bb643a16e7534a83\" tg-width=\"658\" tg-height=\"407\" referrerpolicy=\"no-referrer\"/></p><p><ul><li>The simplest explanation is that the silly tax cuts caused interest rates to soar sharply. The sharp surge in interest rates has led to huge short-term losses in the Interest rate swap used by many LDI funds used by pensions to hedge against interest rate and inflation risks. The huge loss itself is not so terrible. The most terrible thing is the short-term continuous huge loss, which causes the margin to be used up quickly.</p><p></li></ul><ul><li>From the end of August to the end of September, the UK 30-year interest rate skyrocketed by 230 basis points. How much impact does this skyrocketing speed have on these LDI funds holding interest rate swaps? We can make a preliminary estimate.</p><p></li></ul><img src=\"https://static.tigerbbs.com/3dd447ad5d4d8ebe9b9acb9cc8d502b1\" tg-width=\"683\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/></p><p><ul><li>For a pension with a scale of 1 billion, the DV01 of interest rate swaps in the LDI fund held (the profit and loss of interest rate swaps caused by a change in interest rate of one basis point) is about 2 million. In other words, in the past two months, the 30-year interest rate has changed by 230 basis points. The loss caused by interest rate swaps is 230 * 2m = 460m. In other words, in the past 2 months, the loss caused by interest rate swaps is nearly half of this pension asset!!!</p><p></li></ul><ul><li>This loss is not a real loss. Because these interest rate swaps are used to hedge the pension liability side, the interest rate swaps lose money, and the value of the liability side also drops. Theoretically, this is a long-short hedging transaction and will not cause any losses.</p><p></li></ul><ul><li>But, but, but, in the last example, in such a short period of time, we lost 400 million yuan. In order to pay the margin, those LDI funds first sold the British Treasury Bond with the best liquidity to raise funds to supplement the margin.</p><p></li></ul><ul><li>Friends who know a little about over-the-counter trading will ask, why don't these funds use these British Treasury Bond as margin? Because many over-the-counter transactions can directly use Treasury Bond as margin. This involves another topic, that is, the interest rate swap market has undergone a big change in the past 10 years. Most interest rate swaps have changed from simple over-the-counter transactions to central clearing over-the-counter transactions. The clearing house is LCH, and now only cash can be used as margin.</p><p></li></ul><ul><li>Well, here comes the point. This is also the most important step of the death spiral. The interest rate of the British Treasury Bond is actually similar to the interest rate of the British interest rate swap. Because the interest rate swap lost money, the fund manager wanted to sell Treasury Bond to make up the margin. A large number of selling Treasury Bond has led to an increase in interest rates in Treasury Bond, while the rise in interest rates in Treasury Bond has led to an increase in interest rate swaps. The rise in interest rate swaps has led fund managers to sell more Treasury Bond to make up their margin....</p><p></li></ul><ul><li>The financial market is not afraid of rising or falling. When the price is low, people will naturally buy it, but the market is most afraid of this death spiral.</p><p></li></ul><ul><li>How big is this pension market? According to PPF estimates, at the end of August, pension assets totaled about 1.5 trillion pounds. In other words, in the past two months, the initial estimate of the margin caused by the loss of the LDI strategy of the entire pension is 690 billion. My friend's LDI desk paid a deposit of 1.2 billion last Friday! Yes, a day, a desk is 1.2 billion!</p><p></li></ul><ul><li>In the process of selling, Treasury Bond sold out and had to sell other assets. The first is stocks with good liquidity. This caused the stock to fall accordingly, and it fell indiscriminately. Because in this process, the pension can only be sold with eyes closed due to the requirement for the speed of replenishing the security deposit (usually T+0).</p><p></li></ul><ul><li>When the stock falls, it will fall, and when it is cheap, someone will naturally buy it. But another fatal point in the whole process is that these pensions have greatly increased their allocation of illiquid assets in the past 10 years, such as real estate and private equity funds. These aren't something you can redeem if you want. This creates a huge problem, liquidity mismatch!</p><p></li></ul><ul><li>If you can't sell it, I'm sorry if you can't pay the margin, those interest rate swap positions will explode. Investment banking trading desks must sell these interest rate swap positions in the market. This causes the interest rate of interest rate swaps to continue to rise! Thus dragging down other pensions with good liquidity.</p><p></li></ul><ul><li>At that time, the entire interest rate swap market had been paralyzed, and most market makers had left the market. In the past, the bid-ask spread of one-year UK interest rate swaps was only 0.1-0.2 bps, but at that time it had risen to 9-10bps!</p><p></li></ul><ul><li>After the death spiral, the only thing we can do is wait for the Bank of England to rescue the market. Fortunately, the central bank made a decisive move and offered QE to suppress the rising trend of interest rates in Treasury Bond. The death spiral is broken. Pull quite a few pensions and those LDI funds back from the brink of death.</p><p></li></ul><ul><li>But not all of them saw the dawn. Several large British asset management LDI funds exploded. Just look at their stock prices. I won't publish their names, just keep some morality.</p><p></li></ul><img src=\"https://static.tigerbbs.com/e4b774b4e7003f42a53ee0d06289797a\" tg-width=\"1080\" tg-height=\"793\" referrerpolicy=\"no-referrer\"/></p><p><ul><li>The worst are those pensions that fall on the eve of dawn, and the holders who live on them.</p><p></li></ul><ul><li>If the bailout was two days later, the entire pension industry would be gg.</p><p></li></ul><ul><li>With this huge earthquake in the LDI industry, it is difficult for even surviving funds to continue to survive. The biggest shortcoming of the business model of this industry has been exposed. And without leverage, this industry can't survive. Let's just say that this industry is likely to disappear in the near future.</p><p></li></ul><ul><li>Breaking the death spiral, the British Treasury Bond rose by 40% in one day in 50 years! Who said Treasury Bond is rising slowly?</p><p></li></ul><img src=\"https://static.tigerbbs.com/499bde85b23a6e2bf8d80bc692321a91\" tg-width=\"1080\" tg-height=\"516\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>","source":"lsy1607924588218","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>British crisis experience: the entire pension market was almost destroyed!</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\">\nBritish crisis experience: the entire pension market was almost destroyed!\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">三思期权</strong><span class=\"h-time small\">2022-09-30 21:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>After experiencing this week's storm, this short article will be commemorated in the form of notes. I'm really tired this week, and I'm a little sorry when I'm tired. For such a big event, I didn't have foresight, so I missed this black swan transaction.</p><p>What's a metaphor for what happened this week? I feel closest to March 2020. The British interest rate and the British pound market completely collapsed, the entire British pension market almost fell into the street, and the LDI industry in pensions collapsed overnight. If the whole pension market collapses, it won't be March, it will be 2008. Good thing the central bank came out to rescue the market..</p><p>I'm so tired these two days that I don't want to code too many words. What's probably happening in the market? For basic knowledge, you can read the article Degg _ GlobalMacroFin. In this article, I will focus on my front-line experience.</p><p><img src=\"https://static.tigerbbs.com/3631a2312876324acb9456bbd80c4a2d\" tg-width=\"587\" tg-height=\"114\" referrerpolicy=\"no-referrer\"/></p><p><ul><li>Remember that these two people almost destroyed the huge pension market by themselves. Of course, they can't be blamed for the leverage of the LDI industry. However, the introduction of unrestrained tax reduction policy without experience is the fuse that almost caused the sudden death of the pension market.</p><p></li></ul><img src=\"https://static.tigerbbs.com/70f8e2c3c00e5ca5bb643a16e7534a83\" tg-width=\"658\" tg-height=\"407\" referrerpolicy=\"no-referrer\"/></p><p><ul><li>The simplest explanation is that the silly tax cuts caused interest rates to soar sharply. The sharp surge in interest rates has led to huge short-term losses in the Interest rate swap used by many LDI funds used by pensions to hedge against interest rate and inflation risks. The huge loss itself is not so terrible. The most terrible thing is the short-term continuous huge loss, which causes the margin to be used up quickly.</p><p></li></ul><ul><li>From the end of August to the end of September, the UK 30-year interest rate skyrocketed by 230 basis points. How much impact does this skyrocketing speed have on these LDI funds holding interest rate swaps? We can make a preliminary estimate.</p><p></li></ul><img src=\"https://static.tigerbbs.com/3dd447ad5d4d8ebe9b9acb9cc8d502b1\" tg-width=\"683\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/></p><p><ul><li>For a pension with a scale of 1 billion, the DV01 of interest rate swaps in the LDI fund held (the profit and loss of interest rate swaps caused by a change in interest rate of one basis point) is about 2 million. In other words, in the past two months, the 30-year interest rate has changed by 230 basis points. The loss caused by interest rate swaps is 230 * 2m = 460m. In other words, in the past 2 months, the loss caused by interest rate swaps is nearly half of this pension asset!!!</p><p></li></ul><ul><li>This loss is not a real loss. Because these interest rate swaps are used to hedge the pension liability side, the interest rate swaps lose money, and the value of the liability side also drops. Theoretically, this is a long-short hedging transaction and will not cause any losses.</p><p></li></ul><ul><li>But, but, but, in the last example, in such a short period of time, we lost 400 million yuan. In order to pay the margin, those LDI funds first sold the British Treasury Bond with the best liquidity to raise funds to supplement the margin.</p><p></li></ul><ul><li>Friends who know a little about over-the-counter trading will ask, why don't these funds use these British Treasury Bond as margin? Because many over-the-counter transactions can directly use Treasury Bond as margin. This involves another topic, that is, the interest rate swap market has undergone a big change in the past 10 years. Most interest rate swaps have changed from simple over-the-counter transactions to central clearing over-the-counter transactions. The clearing house is LCH, and now only cash can be used as margin.</p><p></li></ul><ul><li>Well, here comes the point. This is also the most important step of the death spiral. The interest rate of the British Treasury Bond is actually similar to the interest rate of the British interest rate swap. Because the interest rate swap lost money, the fund manager wanted to sell Treasury Bond to make up the margin. A large number of selling Treasury Bond has led to an increase in interest rates in Treasury Bond, while the rise in interest rates in Treasury Bond has led to an increase in interest rate swaps. The rise in interest rate swaps has led fund managers to sell more Treasury Bond to make up their margin....</p><p></li></ul><ul><li>The financial market is not afraid of rising or falling. When the price is low, people will naturally buy it, but the market is most afraid of this death spiral.</p><p></li></ul><ul><li>How big is this pension market? According to PPF estimates, at the end of August, pension assets totaled about 1.5 trillion pounds. In other words, in the past two months, the initial estimate of the margin caused by the loss of the LDI strategy of the entire pension is 690 billion. My friend's LDI desk paid a deposit of 1.2 billion last Friday! Yes, a day, a desk is 1.2 billion!</p><p></li></ul><ul><li>In the process of selling, Treasury Bond sold out and had to sell other assets. The first is stocks with good liquidity. This caused the stock to fall accordingly, and it fell indiscriminately. Because in this process, the pension can only be sold with eyes closed due to the requirement for the speed of replenishing the security deposit (usually T+0).</p><p></li></ul><ul><li>When the stock falls, it will fall, and when it is cheap, someone will naturally buy it. But another fatal point in the whole process is that these pensions have greatly increased their allocation of illiquid assets in the past 10 years, such as real estate and private equity funds. These aren't something you can redeem if you want. This creates a huge problem, liquidity mismatch!</p><p></li></ul><ul><li>If you can't sell it, I'm sorry if you can't pay the margin, those interest rate swap positions will explode. Investment banking trading desks must sell these interest rate swap positions in the market. This causes the interest rate of interest rate swaps to continue to rise! Thus dragging down other pensions with good liquidity.</p><p></li></ul><ul><li>At that time, the entire interest rate swap market had been paralyzed, and most market makers had left the market. In the past, the bid-ask spread of one-year UK interest rate swaps was only 0.1-0.2 bps, but at that time it had risen to 9-10bps!</p><p></li></ul><ul><li>After the death spiral, the only thing we can do is wait for the Bank of England to rescue the market. Fortunately, the central bank made a decisive move and offered QE to suppress the rising trend of interest rates in Treasury Bond. The death spiral is broken. Pull quite a few pensions and those LDI funds back from the brink of death.</p><p></li></ul><ul><li>But not all of them saw the dawn. Several large British asset management LDI funds exploded. Just look at their stock prices. I won't publish their names, just keep some morality.</p><p></li></ul><img src=\"https://static.tigerbbs.com/e4b774b4e7003f42a53ee0d06289797a\" tg-width=\"1080\" tg-height=\"793\" referrerpolicy=\"no-referrer\"/></p><p><ul><li>The worst are those pensions that fall on the eve of dawn, and the holders who live on them.</p><p></li></ul><ul><li>If the bailout was two days later, the entire pension industry would be gg.</p><p></li></ul><ul><li>With this huge earthquake in the LDI industry, it is difficult for even surviving funds to continue to survive. The biggest shortcoming of the business model of this industry has been exposed. And without leverage, this industry can't survive. Let's just say that this industry is likely to disappear in the near future.</p><p></li></ul><ul><li>Breaking the death spiral, the British Treasury Bond rose by 40% in one day in 50 years! Who said Treasury Bond is rising slowly?</p><p></li></ul><img src=\"https://static.tigerbbs.com/499bde85b23a6e2bf8d80bc692321a91\" tg-width=\"1080\" tg-height=\"516\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/kMwPDK6F78YABLQIBpUexA\">三思期权</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d28e326edc19611f4a02f9a0ebb66bf9","relate_stocks":{"EWU":"英国ETF-iShares MSCI"},"source_url":"https://mp.weixin.qq.com/s/kMwPDK6F78YABLQIBpUexA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146232184","content_text":"亲历了这周的风暴，这篇小短文就以手记的形式纪念一下。这周实在累的不行了，心累之余还有点遗憾，这么大的事件，竟然没有先知先觉，也就错过了这次的黑天鹅交易。怎么比喻这周发生的事情呢？我感觉最接近2020年三月。英国利率以及英镑市场完全垮掉，英国整个养老金市场差点扑街，而养老金里的LDI行业一夜之间就垮了。要是整个养老金市场垮了，就不是3月份了，那就是08年。好在央行出来救市了。。。这两天实在太心累，不想码太多字。市场上大概发生了什么，基础知识可以看看Degg_GlobalMacroFin这篇。这篇里我就重点讲讲我的一线经历。记住这俩人，几乎凭借了一己之力把巨大的养老金市场毁灭。当然，LDI这个行业的杠杆不能怪他们。 但是没有经验的情况下推出毫无节制的减税政策，是差点让养老金市场突然死亡的导火索。最简单的解释就是， 傻X的减税政策导致利率大幅飙升。 利率大幅飙升导致不少养老金用来对冲利率以及通胀风险的LDI基金里使用的利率（Interest rate swap）短期出现巨额亏损。 巨亏本身不是那么可怕，最可怕的是短期连续的巨亏，导致保证金很快就用光了。从8月底到9月底， 英国30年期利率暴涨了230个基点。这个暴涨的速度对这些持有利率互换的LDI基金有多大影响？ 我们可以初略的估算一下。一个规模10亿的养老金，持有的LDI基金里利率互换的DV01 (一个基点利率变动导致利率互换产生的损益） 是大概两百万。也就是说，过去两个月，因为30年期利率变动了230个基点。利率互换产生的损失就是230* 2m = 460m。 也就是说， 过去2个月，利率互换产生的亏损是这个养老金资产的接近一半！！！这个损失，不是真的亏损。因为这些利率互换是拿来对冲养老金负债端的，利率互换亏了，负债端的价值也下降了。理论上这个是个多空对冲交易不会产生什么损失。但是，但是， 但是,在上个例子里，这么短时间里，亏损了4个亿，那些LDI基金为了交保证金，首先卖出手中流动性最好的英国国债来筹集资金补保证金。懂一点场外交易的朋友会问，为啥这些基金不拿这些英国国债当保证金？ 因为不少场外交易是可以直接用国债当保证金的。 这就要牵扯到另一个话题，就是过去10年里利率互换市场经历了一场大变革。多数利率互换已经从单纯的场外交易变成了中央清算的场外交易。清算所是LCH,现在只能用现金做保证金。那么好了，重点来了， 这也就是死亡螺旋最重要的一步。英国国债利率，和英国利率互换的利率其实是差不多的东西。 因为利率互换亏钱了，基金经理要卖国债补保证金。 大量的抛售国债，导致国债利率上升， 而国债利率上升导致利率互换的利率上升，利率互换上升导致基金经理要卖更多的国债补保证金。。。。金融市场不怕涨，不怕跌，价格低了自然有人买，但是市场最怕这种死亡螺旋。这个养老金市场有多大呢？ 根据PPF的估计，8月底，养老金资产一共大约一共1.5万亿英镑。也就是说，过去两个月，整个养老金的LDI策略亏损导致的保证金的初略估算在6900亿 。 我朋友的LDI desk在上周五一天补交的保证金就是12个亿！对， 一天，一个desk 12亿！在抛售的过程中， 国债卖完了， 只有卖其他资产。 首先就是流动性好的股票。 这就导致股票也跟着跌，而且是无差别的跌。因为这个过程中，养老金由于补保证金的速度有要求(一般是T+0），所以只能闭着眼卖。股票跌就跌了，便宜了自然有人买。 但整个环节另一个要命的点是， 这些养老金过去10年里大幅度增加配置了没有流动性的资产， 比如地产，比如私募股权基金。 这些不是你想赎回就赎回的。 这就产生了一个巨大的问题，流动性错配！卖不了，抱歉交不上保证金那些利率互换的仓位就爆了。 投行交易台就必须要在市场上卖掉这些利率互换头寸。这就导致利率互换的利率继续上升！从而再拖垮其他流动性还不错的养老金。当时整个利率互换市场市场已经瘫痪， 多数做市商已经离场。 以前一年期的英国利率互换的买卖差价也就0.1-0.2 bps,当时已经上升到9-10bps!出现了死亡螺旋之后，唯一能够做的就是等英国央行救市。 好在央行果断出手，祭出QE压住国债利率上升的势头。死亡螺旋被打破。把不少养老金以及那些LDI基金从死亡的边缘拉回来。但不是所有的人都看到了黎明。 几家大的英国资管的LDI基金就爆了。 看看他们的股价就知道。。。。 我就不公布他们的名字了，留点口德。最惨的是那些倒在黎明前夜的养老金，以及靠这些养老金生活的持有人。如果救市再晚两天，整个养老金行业就gg了。而LDI这个行业随着这次巨震，即使活下来的基金也很难继续生存下去， 这个行业的商业模式的最大缺点已经被暴露了。而如果不用杠杆， 这个行业也生存不下去。只能说这个行业在不久的将来很可能会消失。打破了死亡螺旋，50年英国国债一天就上涨了40%！ 谁说国债涨的慢？","news_type":1,"symbols_score_info":{"EWU":0.9}},"isVote":1,"tweetType":1,"viewCount":2419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916858935,"gmtCreate":1664578154527,"gmtModify":1676537478082,"author":{"id":"4122459637181732","authorId":"4122459637181732","name":"小狼狗风华无双","avatar":"https://community-static.tradeup.com/news/47202319b795c8cc4a10e1a1bcb388c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122459637181732","authorIdStr":"4122459637181732"},"themes":[],"htmlText":"[笑哭] [笑哭] [笑哭] ","listText":"[笑哭] [笑哭] [笑哭] ","text":"[笑哭] [笑哭] [笑哭]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916858935","repostId":"2271377796","repostType":4,"isVote":1,"tweetType":1,"viewCount":1603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916329201,"gmtCreate":1664514112903,"gmtModify":1676537469765,"author":{"id":"4122459637181732","authorId":"4122459637181732","name":"小狼狗风华无双","avatar":"https://community-static.tradeup.com/news/47202319b795c8cc4a10e1a1bcb388c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122459637181732","authorIdStr":"4122459637181732"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916329201","repostId":"1143870144","repostType":4,"repost":{"id":"1143870144","kind":"news","pubTimestamp":1664502256,"share":"https://ttm.financial/m/news/1143870144?lang=en_US&edition=fundamental","pubTime":"2022-09-30 09:44","market":"hk","language":"zh","title":"One day's net worth shrank by tens of billions, Li Ka-shing recovered 6 billion losses by \"hoarding land\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1143870144","media":"野马财经","summary":"身价缩水百亿后，李嘉诚家族旗下长实集团再次依靠“囤地”获利。由于英镑和欧元大幅贬值，重仓欧洲市场的李嘉诚家族企业遭受重创。9月23日，英国政府推出50年来最大减税政策，结果导致英国遭遇股债汇“三杀”，","content":"<p><html><head></head><body><b>After its net worth shrank by tens of billions, Cheung Kong Group, a subsidiary of the Li Ka-shing family, once again relied on \"hoarding land\" to make profits.</b>Due to the sharp depreciation of the pound and euro, Li Ka-shing's family business, which has a heavy position in the European market, suffered heavy losses.</p><p>On September 23rd, the British government launched the biggest tax reduction policy in 50 years. As a result, the UK suffered a \"three kills\" of stocks, bonds and foreign exchange. The pound once fell below the 1.04 mark against the US dollar, and there was a \"selling tide\" in the bond market, and the stock market plummeted.</p><p>The Bloomberg Billionaires Real-time Index shows that,<b>On September 26, Li Ka-shing had a net worth of US $26.7 billion (about 191.241 billion yuan), while the previous day, Li Ka-shing's net worth was US $28.1 billion (about 201.176 billion yuan), and 9.935 billion yuan evaporated in one day.</b></p><p><img src=\"https://static.tigerbbs.com/93ce18619140bf79d1941bdbdf4af7cb\" tg-width=\"1068\" tg-height=\"1207\" referrerpolicy=\"no-referrer\"/></p><p>Source: Cheung Kong Group Announcement</p><p>After experiencing a sharp decline in value,<b>On September 28, Cheung Kong Group (1113. HK) announced that it would sell property projects in Hong Kong, China, to Singapore financial institution Sino-Suisse for HK $20.766 billion (approximately 19.05 billion yuan), including the unsold portion of the luxury residential project at 21 Porao Road.</b></p><p>On the day of the transaction, the buyer had paid a deposit of HK $2.077 billion, and then paid a total of five partial payments to the seller every six months. The first two payments were HK $1.038 billion each and the last three payments were HK $2.077 billion each. In addition, the buyer is required to pay the balance upon completion of the transaction.</p><p>Cheung Kong Group said that the sale of the project will enable the company to realize its investment in the development project, and the buyer's loan will help complete the transaction.<b>The company expects the proceeds from the sale to be approximately HK $6.3 billion (approximately 5.779 billion yuan)</b>The net proceeds will be used for general working capital purposes of the Group.</p><p><b>\"Hoarding land\" for 11 years, a profit of 5.779 billion yuan</b></p><p>According to the data, 21 BORRETT ROAD is one of the well-known super luxury residential projects in Hong Kong, China. This transaction includes 152 residential units, 242 residential parking spaces and 31 motorcycle parking spaces.</p><p><b>In June 2011, Cheung Kong Group purchased the Bolao Road land for HK $11.65 billion, with a floor price of HK $26,763 per foot, setting a record for the second highest price in Hong Kong, China that year.</b></p><p>The land is located in the mansion area of West Mid-Levels, Hong Kong, China, with an area of about 10,500 square meters and a buildable floor area of about 40,400 square meters. It was once called \"first-class beautiful land\" by Li Zeju, chairman of Cheung Kong Group.</p><p>Since it was bought by Cheung Kong Group in 2011, it took 10 years for the project to officially go on the current floor market. Compared with the land price 10 years ago, the current average floor price has increased by more than 10 times.</p><p><img src=\"https://static.tigerbbs.com/cb2b1e5d766054061885687df7fd0028\" tg-width=\"820\" tg-height=\"460\" referrerpolicy=\"no-referrer\"/></p><p>Source: Public Account, No. 21, Cheung Shibo Lao Road</p><p><b>According to public reports, the latest transaction at No.21 Bolao Road was in June this year, with 2 sets sold, totaling nearly 400 million Hong Kong dollars (about 367 million yuan).</b></p><p>Among them, a set of Room 1, 20th Floor, Phase 1, No.21 Bolao Road Community, which was sold, was priced at 270 million yuan, with an interior area of about 273.6 square meters. According to the transaction price, its unit price reached 986,900 yuan/square meter.</p><p>Some insiders believe that the long development mode of \"hoarding land\" is a major feature of Li Ka-shing's Changshi Department, which also makes its company make a lot of profits by using this method.</p><p>Talking about Li Ka-shing's land hoarding for profit has existed for a long time. As early as 10 years ago, \"Economic Observer Network\" reported that Hutchison Whampoa, a subsidiary of Li Ka-shing, was included in Shanghai's official land hoarding list.</p><p>Regarding the land hoarding behavior of Li Ka-shing's Cheung Kong Department,<b>\"China Times\" once reported that over the years, more than ten projects of \"Changhe Department\" in nearly ten cities across the country have adopted \"snail-style\" development methods, extending the land development cycle from 6 years to more than 10 years.</b></p><p><img src=\"https://static.tigerbbs.com/ce126a777041428467fdc98a4c7691ad\" tg-width=\"1080\" tg-height=\"811\" referrerpolicy=\"no-referrer\"/></p><p>Faced with external doubts,<b>Cheung Kong Group has publicly responded that Cheung Kong's domestic real estate projects have been carried out in accordance with laws and regulations and all government procedures, and the development is slow, which is actually misunderstood, and the sale of projects is also a normal business behavior of real estate developers.</b></p><p>Today, Li Ka-shing has once again achieved a profit of HK $6.3 billion from \"hoarding land\". In the eyes of the industry, Cheung Kong can efficiently lock in considerable profits by selling all the units yet to be launched in Bolaodao to a single buyer in a few days.</p><p>The buyer of this transaction is Huarui Capital, which was founded in Singapore in 2017 and also obtained the capital market service license issued by the Monetary Authority of Singapore.</p><p>For buyers, buying a top-class luxury house located in the rarest location in Hong Kong, China, looking around the market today, it is difficult to find a comparable high-quality property with a high return on investment value. When Hong Kong is fully opened and closed, the appreciation potential of the project should be very ideal.</p><p><b>Li Ka-shing's buying and selling</b></p><p>Since 2013, Li Ka-shing, who has been dubbed by the industry as being good at \"hoarding land\", has started to move assets and made frequent profits by selling asset projects.</p><p>According to incomplete statistics, including the sale of Hong Kong Central Center and Watsons equity, the amount of assets sold by Li Ka-shing has exceeded at least 250 billion yuan.</p><p>At the same time of the sale, Li Ka-shing never stopped new investments.<b>In 2021, Cheung Kong Group will spend HK $17.38 billion to purchase 4 pieces of land in Hong Kong, China through different channels, increasing the floor area of approximately 154,600 square meters for development.</b></p><p>In May of this year, Li Ka-shing reappeared in the mainland land auction market after ten years since 2012. In the auction of Baiyun Airport Avenue in Baiyun District, Guangzhou, Hutchison Whampoa, a subsidiary of Li Ka-shing, also participated in the bidding, but did not win the bid in the end.</p><p><img src=\"https://static.tigerbbs.com/c5cfa9374570c5bca3cb35fc02610b27\" tg-width=\"1080\" tg-height=\"459\" referrerpolicy=\"no-referrer\"/></p><p>According to a list published earlier, the market value of properties still held by Cheung Kong Group in mainland China reached 126.16 billion yuan, distributed in Beijing, Guangzhou, Shanghai, Changsha, Nanjing, Chengdu, Dalian and other places, among which the market value of properties available for development was 31.573 billion yuan.</p><p><b>In fact, since 2020, Cheung Kong Group has sold overseas businesses and assets many times, involving energy, communications, real estate, electricity, aircraft leasing and other sectors, including Husky, which Li Ka-shing called \"one of the most successful investments in his life\". Sky energy.</b></p><p>In March 2022, Cheung Kong Group announced the sale of its office building in London, England, for 729 million pounds (about 6 billion yuan). Cheung Kong's expected income from the sale is approximately 108 million pounds (approximately 896 million yuan).</p><p>In addition, in July this year, Cheung Kong Group was close to completing the 15 billion pound (approximately 116.813 billion yuan) sale of British Electric Power Company, but due to the last-minute price increase, the entire sale plan ultimately fell through.</p><p><img src=\"https://static.tigerbbs.com/8746e7839869ecee34dfb2878cef5ca3\" tg-width=\"730\" tg-height=\"381\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Cheung Kong Group financial report</p><p>The reason for this operation can be seen by analyzing its annual report data. The annual report shows that in 2021, the total revenue of Cheung Kong Group will be 62.094 billion Hong Kong dollars, of which property is the main revenue, property sales will reach 37.76 billion Hong Kong dollars, property leasing will reach 6.543 billion Hong Kong dollars, and hotel and serviced suite business will reach 2.691 billion Hong Kong dollars. Property and project management is HK $816 million, and British pub business is HK $14.284 billion.</p><p>Regardless of property sales or property leasing, Hong Kong and the Mainland account for a larger proportion.<b>In the property sales business, the sales of properties in Hong Kong, China were HK $15.724 billion, the sales of properties in the Mainland were HK $21.722 billion, and the sales of overseas properties were HK $352 million. In terms of property leasing, Hong Kong, China was HK $4.352 billion, the mainland was HK $571 million, and overseas was HK $738 million.</b></p><p>As the richest man in Hong Kong, Li Ka-shing's business actions have always attracted market attention. Since the beginning of this year, Li Ka-shing has made frequent moves, and some voices pointed out that \"Li Ka-shing is fleeing Britain\" and \"Li Ka-shing is back\".</p><p>Li Zeju responded that selling buildings is a daily business and a business, and there is no divestment. He said that the mainland and Hong Kong are the hometown of the group, and there are emotional factors, but they will still pay attention to the return on investment.</p><p><b>Is there still a chance for Evergrande Center to \"pick up the leak\"?</b></p><p>The biggest trick to \"hoard land\" to make a profit is to \"pick up leaks\" by bargain hunting. In July this year, Li Ka-shing tried to buy the bottom of China Evergrande Center.</p><p><b>On July 28, China Evergrande (3333. HK) sold China Evergrande Center for the second time in the form of competitive bidding, and the price dropped from HK $10.5 billion to HK $9 billion.</b></p><p>Prior to this, in August 2021, it was reported in the market that Evergrande offered HK $15.6 billion to seek the takeover of Hong Kong Evergrande Center. After subsequently contacting Yuexiu Real Estate, the price dropped to HK $10.5 billion, but the transaction did not take place in the end.</p><p><img src=\"https://static.tigerbbs.com/2b27d545b805efd24953789514ada0df\" tg-width=\"1080\" tg-height=\"810\" referrerpolicy=\"no-referrer\"/></p><p>Source: Canned Gallery</p><p>China Evergrande Center is located in the middle of downtown Wanchai, Hong Kong, China. It is a 26-storey Grade A office building with a total construction area of about 32,100 square meters. Its predecessor was the American Metrohm Building.</p><p>In 2015, China Evergrande spent HK $12.5 billion to purchase it from Chinese Real Estate (0127. HK), setting a record for commercial buildings in Hong Kong, China.</p><p>At the end of July 2022, after the China Evergrande Center was re-sold, Li Ka-shing's Cheung Kong Group submitted a tender. At that time, the property was valued at about HK $9 billion. From the perspective of the industry, Cheung Kong Group intends to \"pick up the leakage\" by bargain hunting.</p><p><b>However, on September 13, according to public documents in Hong Kong, China, China Evergrande Center has recently been taken over by a receiver appointed by China CITIC Bank International, a subsidiary of creditor China CITIC Bank.</b></p><p>According to media analysis quoted by industry insiders, China Evergrande has defaulted on default, failed to repay the money on time, and tried to sell the building assets twice, but no one took over, so the lender finally decided to take over the assets.</p><p><img src=\"https://static.tigerbbs.com/a24cfd494a3a164f571329d27478f9c9\" tg-width=\"1080\" tg-height=\"459\" referrerpolicy=\"no-referrer\"/></p><p>On the eve of the National Day, there was market news that the China Evergrande Center Building was being sold by Savills as the exclusive agent, and the bid closing date was October 31, 2022.</p><p><b>According to market estimates, the current valuation of the property is more than HK $8 billion, a discount of about 40% to Evergrande's purchase of HK $12.5 billion. The property has attracted inquiries and visits from local developers, funds and mainland buyers in Hong Kong.</b></p><p>Savills said that referring to the Murray Road project won by Henderson Land Development in 2017, the price per square foot is about HK $50,000, and the total price is about HK $32.38 billion; Another site at No. 3 Central Harbourfront, which was won in 2021, was sold at a price of approximately HK $31,000 per square foot, with a total price of HK $50.8 billion.</p><p>From the failure of two sales to the release now, Evergrande Center has already changed from a commercial landmark that Evergrande Group was proud of to a replacement chip.<b>Today, Li Ka-shing, who is good at \"hoarding land\" to make profits, still has the opportunity to buy bottoms.</b></p><p>In this regard, Feng Lun, a former real estate tycoon, said: In the mainland and Hong Kong, China, although Li Ka-shing has done many real estate projects in a down-to-earth manner, they are basically ordinary houses. He doesn't want to do a good job in this industry like Vanke, so he doesn't receive many particularly good reputations.</p><p></body></html></p>","source":"lsy1589532854679","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>One day's net worth shrank by tens of billions, Li Ka-shing recovered 6 billion losses by \"hoarding land\"</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\">\nOne day's net worth shrank by tens of billions, Li Ka-shing recovered 6 billion losses by \"hoarding land\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">野马财经</strong><span class=\"h-time small\">2022-09-30 09:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>After its net worth shrank by tens of billions, Cheung Kong Group, a subsidiary of the Li Ka-shing family, once again relied on \"hoarding land\" to make profits.</b>Due to the sharp depreciation of the pound and euro, Li Ka-shing's family business, which has a heavy position in the European market, suffered heavy losses.</p><p>On September 23rd, the British government launched the biggest tax reduction policy in 50 years. As a result, the UK suffered a \"three kills\" of stocks, bonds and foreign exchange. The pound once fell below the 1.04 mark against the US dollar, and there was a \"selling tide\" in the bond market, and the stock market plummeted.</p><p>The Bloomberg Billionaires Real-time Index shows that,<b>On September 26, Li Ka-shing had a net worth of US $26.7 billion (about 191.241 billion yuan), while the previous day, Li Ka-shing's net worth was US $28.1 billion (about 201.176 billion yuan), and 9.935 billion yuan evaporated in one day.</b></p><p><img src=\"https://static.tigerbbs.com/93ce18619140bf79d1941bdbdf4af7cb\" tg-width=\"1068\" tg-height=\"1207\" referrerpolicy=\"no-referrer\"/></p><p>Source: Cheung Kong Group Announcement</p><p>After experiencing a sharp decline in value,<b>On September 28, Cheung Kong Group (1113. HK) announced that it would sell property projects in Hong Kong, China, to Singapore financial institution Sino-Suisse for HK $20.766 billion (approximately 19.05 billion yuan), including the unsold portion of the luxury residential project at 21 Porao Road.</b></p><p>On the day of the transaction, the buyer had paid a deposit of HK $2.077 billion, and then paid a total of five partial payments to the seller every six months. The first two payments were HK $1.038 billion each and the last three payments were HK $2.077 billion each. In addition, the buyer is required to pay the balance upon completion of the transaction.</p><p>Cheung Kong Group said that the sale of the project will enable the company to realize its investment in the development project, and the buyer's loan will help complete the transaction.<b>The company expects the proceeds from the sale to be approximately HK $6.3 billion (approximately 5.779 billion yuan)</b>The net proceeds will be used for general working capital purposes of the Group.</p><p><b>\"Hoarding land\" for 11 years, a profit of 5.779 billion yuan</b></p><p>According to the data, 21 BORRETT ROAD is one of the well-known super luxury residential projects in Hong Kong, China. This transaction includes 152 residential units, 242 residential parking spaces and 31 motorcycle parking spaces.</p><p><b>In June 2011, Cheung Kong Group purchased the Bolao Road land for HK $11.65 billion, with a floor price of HK $26,763 per foot, setting a record for the second highest price in Hong Kong, China that year.</b></p><p>The land is located in the mansion area of West Mid-Levels, Hong Kong, China, with an area of about 10,500 square meters and a buildable floor area of about 40,400 square meters. It was once called \"first-class beautiful land\" by Li Zeju, chairman of Cheung Kong Group.</p><p>Since it was bought by Cheung Kong Group in 2011, it took 10 years for the project to officially go on the current floor market. Compared with the land price 10 years ago, the current average floor price has increased by more than 10 times.</p><p><img src=\"https://static.tigerbbs.com/cb2b1e5d766054061885687df7fd0028\" tg-width=\"820\" tg-height=\"460\" referrerpolicy=\"no-referrer\"/></p><p>Source: Public Account, No. 21, Cheung Shibo Lao Road</p><p><b>According to public reports, the latest transaction at No.21 Bolao Road was in June this year, with 2 sets sold, totaling nearly 400 million Hong Kong dollars (about 367 million yuan).</b></p><p>Among them, a set of Room 1, 20th Floor, Phase 1, No.21 Bolao Road Community, which was sold, was priced at 270 million yuan, with an interior area of about 273.6 square meters. According to the transaction price, its unit price reached 986,900 yuan/square meter.</p><p>Some insiders believe that the long development mode of \"hoarding land\" is a major feature of Li Ka-shing's Changshi Department, which also makes its company make a lot of profits by using this method.</p><p>Talking about Li Ka-shing's land hoarding for profit has existed for a long time. As early as 10 years ago, \"Economic Observer Network\" reported that Hutchison Whampoa, a subsidiary of Li Ka-shing, was included in Shanghai's official land hoarding list.</p><p>Regarding the land hoarding behavior of Li Ka-shing's Cheung Kong Department,<b>\"China Times\" once reported that over the years, more than ten projects of \"Changhe Department\" in nearly ten cities across the country have adopted \"snail-style\" development methods, extending the land development cycle from 6 years to more than 10 years.</b></p><p><img src=\"https://static.tigerbbs.com/ce126a777041428467fdc98a4c7691ad\" tg-width=\"1080\" tg-height=\"811\" referrerpolicy=\"no-referrer\"/></p><p>Faced with external doubts,<b>Cheung Kong Group has publicly responded that Cheung Kong's domestic real estate projects have been carried out in accordance with laws and regulations and all government procedures, and the development is slow, which is actually misunderstood, and the sale of projects is also a normal business behavior of real estate developers.</b></p><p>Today, Li Ka-shing has once again achieved a profit of HK $6.3 billion from \"hoarding land\". In the eyes of the industry, Cheung Kong can efficiently lock in considerable profits by selling all the units yet to be launched in Bolaodao to a single buyer in a few days.</p><p>The buyer of this transaction is Huarui Capital, which was founded in Singapore in 2017 and also obtained the capital market service license issued by the Monetary Authority of Singapore.</p><p>For buyers, buying a top-class luxury house located in the rarest location in Hong Kong, China, looking around the market today, it is difficult to find a comparable high-quality property with a high return on investment value. When Hong Kong is fully opened and closed, the appreciation potential of the project should be very ideal.</p><p><b>Li Ka-shing's buying and selling</b></p><p>Since 2013, Li Ka-shing, who has been dubbed by the industry as being good at \"hoarding land\", has started to move assets and made frequent profits by selling asset projects.</p><p>According to incomplete statistics, including the sale of Hong Kong Central Center and Watsons equity, the amount of assets sold by Li Ka-shing has exceeded at least 250 billion yuan.</p><p>At the same time of the sale, Li Ka-shing never stopped new investments.<b>In 2021, Cheung Kong Group will spend HK $17.38 billion to purchase 4 pieces of land in Hong Kong, China through different channels, increasing the floor area of approximately 154,600 square meters for development.</b></p><p>In May of this year, Li Ka-shing reappeared in the mainland land auction market after ten years since 2012. In the auction of Baiyun Airport Avenue in Baiyun District, Guangzhou, Hutchison Whampoa, a subsidiary of Li Ka-shing, also participated in the bidding, but did not win the bid in the end.</p><p><img src=\"https://static.tigerbbs.com/c5cfa9374570c5bca3cb35fc02610b27\" tg-width=\"1080\" tg-height=\"459\" referrerpolicy=\"no-referrer\"/></p><p>According to a list published earlier, the market value of properties still held by Cheung Kong Group in mainland China reached 126.16 billion yuan, distributed in Beijing, Guangzhou, Shanghai, Changsha, Nanjing, Chengdu, Dalian and other places, among which the market value of properties available for development was 31.573 billion yuan.</p><p><b>In fact, since 2020, Cheung Kong Group has sold overseas businesses and assets many times, involving energy, communications, real estate, electricity, aircraft leasing and other sectors, including Husky, which Li Ka-shing called \"one of the most successful investments in his life\". Sky energy.</b></p><p>In March 2022, Cheung Kong Group announced the sale of its office building in London, England, for 729 million pounds (about 6 billion yuan). Cheung Kong's expected income from the sale is approximately 108 million pounds (approximately 896 million yuan).</p><p>In addition, in July this year, Cheung Kong Group was close to completing the 15 billion pound (approximately 116.813 billion yuan) sale of British Electric Power Company, but due to the last-minute price increase, the entire sale plan ultimately fell through.</p><p><img src=\"https://static.tigerbbs.com/8746e7839869ecee34dfb2878cef5ca3\" tg-width=\"730\" tg-height=\"381\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Cheung Kong Group financial report</p><p>The reason for this operation can be seen by analyzing its annual report data. The annual report shows that in 2021, the total revenue of Cheung Kong Group will be 62.094 billion Hong Kong dollars, of which property is the main revenue, property sales will reach 37.76 billion Hong Kong dollars, property leasing will reach 6.543 billion Hong Kong dollars, and hotel and serviced suite business will reach 2.691 billion Hong Kong dollars. Property and project management is HK $816 million, and British pub business is HK $14.284 billion.</p><p>Regardless of property sales or property leasing, Hong Kong and the Mainland account for a larger proportion.<b>In the property sales business, the sales of properties in Hong Kong, China were HK $15.724 billion, the sales of properties in the Mainland were HK $21.722 billion, and the sales of overseas properties were HK $352 million. In terms of property leasing, Hong Kong, China was HK $4.352 billion, the mainland was HK $571 million, and overseas was HK $738 million.</b></p><p>As the richest man in Hong Kong, Li Ka-shing's business actions have always attracted market attention. Since the beginning of this year, Li Ka-shing has made frequent moves, and some voices pointed out that \"Li Ka-shing is fleeing Britain\" and \"Li Ka-shing is back\".</p><p>Li Zeju responded that selling buildings is a daily business and a business, and there is no divestment. He said that the mainland and Hong Kong are the hometown of the group, and there are emotional factors, but they will still pay attention to the return on investment.</p><p><b>Is there still a chance for Evergrande Center to \"pick up the leak\"?</b></p><p>The biggest trick to \"hoard land\" to make a profit is to \"pick up leaks\" by bargain hunting. In July this year, Li Ka-shing tried to buy the bottom of China Evergrande Center.</p><p><b>On July 28, China Evergrande (3333. HK) sold China Evergrande Center for the second time in the form of competitive bidding, and the price dropped from HK $10.5 billion to HK $9 billion.</b></p><p>Prior to this, in August 2021, it was reported in the market that Evergrande offered HK $15.6 billion to seek the takeover of Hong Kong Evergrande Center. After subsequently contacting Yuexiu Real Estate, the price dropped to HK $10.5 billion, but the transaction did not take place in the end.</p><p><img src=\"https://static.tigerbbs.com/2b27d545b805efd24953789514ada0df\" tg-width=\"1080\" tg-height=\"810\" referrerpolicy=\"no-referrer\"/></p><p>Source: Canned Gallery</p><p>China Evergrande Center is located in the middle of downtown Wanchai, Hong Kong, China. It is a 26-storey Grade A office building with a total construction area of about 32,100 square meters. Its predecessor was the American Metrohm Building.</p><p>In 2015, China Evergrande spent HK $12.5 billion to purchase it from Chinese Real Estate (0127. HK), setting a record for commercial buildings in Hong Kong, China.</p><p>At the end of July 2022, after the China Evergrande Center was re-sold, Li Ka-shing's Cheung Kong Group submitted a tender. At that time, the property was valued at about HK $9 billion. From the perspective of the industry, Cheung Kong Group intends to \"pick up the leakage\" by bargain hunting.</p><p><b>However, on September 13, according to public documents in Hong Kong, China, China Evergrande Center has recently been taken over by a receiver appointed by China CITIC Bank International, a subsidiary of creditor China CITIC Bank.</b></p><p>According to media analysis quoted by industry insiders, China Evergrande has defaulted on default, failed to repay the money on time, and tried to sell the building assets twice, but no one took over, so the lender finally decided to take over the assets.</p><p><img src=\"https://static.tigerbbs.com/a24cfd494a3a164f571329d27478f9c9\" tg-width=\"1080\" tg-height=\"459\" referrerpolicy=\"no-referrer\"/></p><p>On the eve of the National Day, there was market news that the China Evergrande Center Building was being sold by Savills as the exclusive agent, and the bid closing date was October 31, 2022.</p><p><b>According to market estimates, the current valuation of the property is more than HK $8 billion, a discount of about 40% to Evergrande's purchase of HK $12.5 billion. The property has attracted inquiries and visits from local developers, funds and mainland buyers in Hong Kong.</b></p><p>Savills said that referring to the Murray Road project won by Henderson Land Development in 2017, the price per square foot is about HK $50,000, and the total price is about HK $32.38 billion; Another site at No. 3 Central Harbourfront, which was won in 2021, was sold at a price of approximately HK $31,000 per square foot, with a total price of HK $50.8 billion.</p><p>From the failure of two sales to the release now, Evergrande Center has already changed from a commercial landmark that Evergrande Group was proud of to a replacement chip.<b>Today, Li Ka-shing, who is good at \"hoarding land\" to make profits, still has the opportunity to buy bottoms.</b></p><p>In this regard, Feng Lun, a former real estate tycoon, said: In the mainland and Hong Kong, China, although Li Ka-shing has done many real estate projects in a down-to-earth manner, they are basically ordinary houses. He doesn't want to do a good job in this industry like Vanke, so he doesn't receive many particularly good reputations.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/HN5vojZb8w407R_TggMm0A\">野马财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/008f7af8c99c674df2ab1df3744f67dd","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/HN5vojZb8w407R_TggMm0A","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143870144","content_text":"身价缩水百亿后，李嘉诚家族旗下长实集团再次依靠“囤地”获利。由于英镑和欧元大幅贬值，重仓欧洲市场的李嘉诚家族企业遭受重创。9月23日，英国政府推出50年来最大减税政策，结果导致英国遭遇股债汇“三杀”，英镑兑美元一度走下1.04关口，债市场出现“抛售潮”，股市大跌。彭博亿万富翁实时指数显示，9月26日，李嘉诚拥有267亿美元（约1912.41亿元）身家，而前一天李嘉诚身家为281亿美元（约2011.76 亿元），一天之内蒸发99.35亿元。来源：长实集团公告在经历身价大幅缩水后，9月28日，长实集团(1113.HK)公告称，将以207.66亿港元（约190.5亿元）向新加坡金融机构Sino-Suisse出售中国香港物业项目，其中包含波老道21号豪宅项目未售出部分。在交易当天，买方已经支付20.77亿港元订金，之后每6个月向卖方支付共5笔部分付款，前两笔均每笔为10.38亿港元，后三笔每笔为20.77亿港元。另外，买方须于交易完成时支付余额。长实集团表示，出售项目令公司得以变现有关发展项目投资，买方贷款将有助交易完成，公司预期出售所得收益约为63亿港元（约57.79亿元），所得款项净额将用作集团一般营运资金用途。“囤地”11年，获利57.79亿元资料显示，波老道21号（21 BORRETT ROAD）是中国香港知名的超级豪宅项目之一，本次交易包括152个住宅单位、242个住宅停车位及31个电单车停车位。2011年6月，长实集团以116.5亿港元购入波老道地皮，每尺楼面地价为26763港元，创下当年中国香港第二高价纪录。该地皮位于中国香港西半山豪宅地段，面积约1.05万平方米，可建楼面面积约4.04万平方米，曾被长实集团主席李泽钜称为\"一级靓地\"。自从2011年被长实集团买下，该项目经历10年才正式以现楼面市，和10年前地价相比，目前楼面均价上涨超过10倍。来源：长实波老道21號公众号在公开报道中，波老道21号最近一次成交是今年6月份，成交2套，合计近4亿港元（约3.67亿元）。其中，成交的一套波老道21号小区第1期20楼1室，作价2.7亿元，套内面积约273.6平方米，按成交价计算，其单价达98.69万元/平方米。有业内人士认为，采用“囤地”式的漫长开发模式是李嘉诚长实系的一大特点，这也让其公司运用这种方式获利不少。谈论李嘉诚囤地获利，此种说法存续已久。早在10年前，《经济观察网》曾报道李嘉诚旗下的和记黄埔被列入了上海官方囤地名单中。对于李嘉诚长实系的囤地行为，《华夏时报》曾报道称，多年来“长和系”在全国近十个城市十余个项目，均通过“蜗牛式”开发方式，延长土地开发周期从6年到10多年不等。面对外界质疑，长实集团曾公开回应表示，长实国内的地产项目一直根据法规及所有政府程序进行，开发缓慢，实有所误解，而出售项目也属于地产商正常商业行为。如今，李嘉诚再次实现“囤地”获利63亿港元。在业内人士看来，长实几天向单一买家全数出售波老道尚待推出之单位，能有效率地锁定可观利润。而本次交易的买家为华瑞资本，于2017年在新加坡创立，并同时取得新加坡金融管理局所颁发的资本市场服务执照。对买家而言，买入座落于中国香港最珍罕地段的顶级豪宅，环顾现今市场亦难有可媲美的优质物业，具高投资值回报率，当香港全面开关后，项目之升值潜力应甚理想。李嘉诚的买与卖从2013年开始，被业界冠以擅长“囤地”的李嘉诚开启资产腾挪，并通过出售资产项目频频获利。据不完全统计，包括出售香港中环中心、屈臣氏股权等交易在内，李嘉诚卖掉的资产规模金额至少已经超过2500亿元。在出售的同时，李嘉诚始终没有停止新的投资。2021年，长实集团通过不同渠道斥资173.8亿港元在中国香港买入4幅土地，增加了约15.46万平方米楼面面积可供开发。今年5月，李嘉诚更是自2012年后时隔十年再次出现在内地土拍市场。在广州白云区的白云空港大道地块的竞拍中，李嘉诚旗下的和记黄埔也参与了竞标，但最终并没有竞得。据早前公布的一份清单，长实集团在中国内地仍持有的物业市值达1261.6亿元，分布在北京、广州、上海、长沙、南京、成都、大连等地，其中可供发展的物业市值为315.73亿元。实际上，2020年以来，长实集团先后多次出售海外业务及资产，涉及能源、通讯、房地产、电力、飞机租赁等板块，其中包括被李嘉诚称为“一生最成功的投资之一”的赫斯基能源。2022年3月，长实集团宣布以7.29亿英镑(约60亿元)出售持有的英国伦敦办公楼。长实从该出售事项获得的预期收益约为1.08亿英镑(约8.96亿元)。除此之外，今年7月，长实集团曾接近完成150亿英镑（约1168.13亿元）出售英国电力公司的交易，但由于最后时刻提价，整个出售计划最终告吹。来源：长实集团财报之所以如此操作，分析其年报数据便可窥知一二。年报显示，2021年，长实集团总收入为620.94亿港元，其中物业方面为主要营收，物业销售达到377.6亿港元，物业租赁为65.43亿港元，还包括酒店及服务套房业务为26.91亿港元，物业及项目管理为8.16亿港元，英式酒馆业务为142.84亿港元。不论物业销售还是物业租赁，中国香港及内地均所占比重较大。物业销售业务中，中国香港物业销售额为157.24亿港元，内地物业销售金额为217.22亿港元，海外物业销售金额为3.52亿港元。物业租赁方面，中国香港为43.52亿港元，内地为5.71亿港元，海外为7.38亿港元。作为中国香港首富，李嘉诚的商业动作一直备受市场关注。今年以来，李嘉诚动作频频，有声音指出“李嘉诚要逃离英国”“李嘉诚回来了”。李泽钜则回应称，卖楼是日常业务和本业，并不存在撤资。他说，内地及香港是集团的家乡，存在感情因素，但仍会关注投资回报。“捡漏”恒大中心仍有机会？之所以能够“囤地”盈利，最大的诀窍就是抄底“捡漏”。今年7月份，李嘉诚曾试图抄底中国恒大中心。7月28日，中国恒大（3333.HK）第二次以竞标形式将中国恒大中心出售，价格由105亿港元降至90亿港元。在此之前，2021年8月，市场曾传出恒大开价156亿港元寻求香港恒大中心接盘方，随后与越秀地产接洽后，价格降至105亿港元，但交易最终并未成行。来源：罐头图库中国恒大中心位于中国香港湾仔闹市中央，是一栋26层高，总建筑面积约3.21万平方米的甲级写字楼，其前身为美国万通大厦。2015年，中国恒大斥资125亿港元从华人置业（0127.HK）手中将其购得，并创下了中国香港商厦买卖的最高纪录。2022年7月底，在中国恒大中心再放售后，李嘉诚旗下长实集团递交了投标书，当时该物业估值约90亿港元。在业界看来，长实集团意在抄底“捡漏”。然而，9月13日，据中国香港公开文件披露，中国恒大中心已于近日被债权人中信银行旗下中信银行国际委任接管人接管。据媒体援引业内人士分析称，中国恒大已经拖欠违约，未按时偿还款项，并且两度尝试出售大厦资产，但始终无人接盘，因此最终贷款方决定接管这一资产。在国庆前夕，有市场消息称，中国恒大中心大楼正由第一太平戴维斯独家代理出售，截标日期为2022年10月31日。据市场估算，目前该物业的估值在80亿港元以上，较恒大125亿港元的购入折价约40%。该物业已吸引了香港本地发展商、基金及内地买家询问和参观。第一太平戴维斯则表示，参照恒基兆业地产于2017年投得的美利道项目，呎价约5万港元，总价约323.8亿港元；另一个于2021年投得的中环海滨3号用地，则以呎价约3.1万港元，总价508亿港元成交。从两次出售失败到如今再次放售，恒大中心早已从原先恒大集团为之骄傲的商业地标变为置换筹码。如今，善于“囤地”获利的李嘉诚，依然有抄底的机会。对此，昔日地产大佬冯仑表示：在内地和中国香港，虽然李嘉诚也扎扎实实地做了不少房地产项目，但基本上都是普通的住宅，他不像万科那样要把这个行业彻底做好，所以他收到口碑特别好的并不多。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1724,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916034129,"gmtCreate":1664484455761,"gmtModify":1676537462006,"author":{"id":"4122459637181732","authorId":"4122459637181732","name":"小狼狗风华无双","avatar":"https://community-static.tradeup.com/news/47202319b795c8cc4a10e1a1bcb388c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122459637181732","authorIdStr":"4122459637181732"},"themes":[],"htmlText":"[害羞] ","listText":"[害羞] ","text":"[害羞]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916034129","repostId":"1136112284","repostType":4,"repost":{"id":"1136112284","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":1664420902,"share":"https://ttm.financial/m/news/1136112284?lang=en_US&edition=fundamental","pubTime":"2022-09-29 11:08","market":"us","language":"zh","title":"Large options order | Sudden big news, Apple options trading volume surged! Alibaba Put transactions account for more than 80%","url":"https://stock-news.laohu8.com/highlight/detail?id=1136112284","media":"老虎资讯综合","summary":"一、市场概览 （28/09）美东时间周三，在英国央行紧急干预市场后，市场情绪明显好转，美股大幅上涨，截至收盘，道琼斯指数涨1.88%，报29,683.74点；标普500指数涨1.97%，报3,719.","content":"<p><html><head></head><body><b>Market Overview (28/09)</b></p><p>On Wednesday, Eastern Time, after the Bank of England intervened in the market urgently, market sentiment improved significantly, and U.S. stocks rose sharply. As of the close, the Dow Jones index rose 1.88% to 29,683.74 points; The S&P 500 rose 1.97% to 3,719.04 points; The Nasdaq rose 2.05% to 11,051.64 points.</p><p>The total trading volume of the options market reached 40,683,443 contracts, higher than the 90-day average trading volume, of which put options accounted for 53%.</p><p>S&P Index ETF-SPY options traded 9.837 million contracts, an increase from the previous trading day, of which put options accounted for 59.4%.</p><p><b>2. Total option transaction volume TOP10</b></p><p><img src=\"https://static.tigerbbs.com/33de4ebb143b5ed75172f05cc806cf8f\" tg-width=\"1242\" tg-height=\"2134\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>It closed down 1.27% at $149.84 on Wednesday. In terms of news, Apple is preparing to abandon its internally planned production increase plan of up to 6 million units after learning that demand for iPhone 14 has failed to meet expectations. 2.353 million option contracts were traded on Wednesday, compared with 1.284 million on the previous trading day, a month-on-month increase of more than 83%; Among them, put options account for 54% of all options transactions; Among them, the $150 strike call option expiring September 30, 2022 saw particularly high volume, with 159,375 contracts traded.</p><p><img src=\"https://static.tigerbbs.com/ad5e7bdbfb7eb7f96932d7ab239d5043\" tg-width=\"1579\" tg-height=\"347\" referrerpolicy=\"no-referrer\"/></p><p><b>Related information:</b><a href=\"https://laohu8.com/NW/1117618958\" target=\"_blank\"><b>Apple stops increasing iPhone production, what do Wall Street analysts think?</b></a></p><p>Morgan Stanley analysts released a research report pointing out that it is still in the early stages of the iPhone 14 cycle, and the next 3-5 weeks will still be the key to determining the strength of the iPhone 14 cycle. At that time, the supply chain will be fed back by the additional demand for iPhones in the early stages of the release. iPhone production arrangements will also be readjusted accordingly.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It closed up 4.01% on Wednesday at $80.99. CICC's latest comments stated that in 22Q3, Alibaba's cost reduction and efficiency increase were sustainable, and the overall performance of the profit side may exceed market expectations. 614,300 option contracts were traded on Wednesday, of which put options accounted for 81.5% of all option transactions; Among them, the $180 strike put expiring January 20, 2023 saw particularly high volume, with 65,960 contracts traded.</p><p><img src=\"https://static.tigerbbs.com/9fb9998732216cada1ff2c361bad136d\" tg-width=\"1872\" tg-height=\"106\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/270f54105b7b5a2daa8ba5705efafe42\" tg-width=\"1580\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/></p><p><b>Related information:</b><a href=\"https://laohu8.com/NW/1182486151\" target=\"_blank\"><b>CICC: Alibaba's 2QFY23 revenue may be under pressure, cost reduction and efficiency increase are sustainable</b></a></p><p>It is forecast that the revenue of 2QFY23 is slightly lower than the market expectation, and the non-GAAP net profit attributable to the parent company exceeds the market expectation; We expect Alibaba Group's 2QFY23 revenue to increase by 3% year-on-year to 207.3 billion yuan, which is 3% lower than market expectations, mainly due to the impact or pressure on Chinese businesses due to the epidemic and macro uncertainties; We expect adjusted EBITA to increase by 6% year-on-year to 29.8 billion yuan, mainly due to cost reduction and efficiency increase that exceeds expectations.<b>3. Observation of changes</b></p><p><img src=\"https://static.tigerbbs.com/a13c3cc89f7124e0b39dca5f2e9ab1da\" tg-width=\"1305\" tg-height=\"513\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a>It closed up 9.29% at $245.2 on Wednesday. Atlantic Securities upgraded the company to Overweight from Neutral and raised its price target to $283 from $211. Volume was particularly high for the $250 call option with an expiry September 30, 2022 strike price, with 16,032 contracts traded.</p><p><img src=\"https://static.tigerbbs.com/3d3ea64e43ae75edcf71e7d99c54c448\" tg-width=\"1579\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/BIIB\">Biogen</a>It closed up 39.85% on Wednesday at $276.61. In terms of news, the new Alzheimer's disease drug jointly developed with Eisai has made positive progress. Volume was particularly high for the $300 call option with an expiration September 30, 2022 strike price, with 8,430 contracts traded.</p><p><img src=\"https://static.tigerbbs.com/361c9cc79e3da5413ba27ff15d5cb046\" tg-width=\"1577\" tg-height=\"346\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Large options order | Sudden big news, Apple options trading volume surged! Alibaba Put transactions account for more than 80%</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\">\nLarge options order | Sudden big news, Apple options trading volume surged! Alibaba Put transactions account for more than 80%\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\">2022-09-29 11:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Market Overview (28/09)</b></p><p>On Wednesday, Eastern Time, after the Bank of England intervened in the market urgently, market sentiment improved significantly, and U.S. stocks rose sharply. As of the close, the Dow Jones index rose 1.88% to 29,683.74 points; The S&P 500 rose 1.97% to 3,719.04 points; The Nasdaq rose 2.05% to 11,051.64 points.</p><p>The total trading volume of the options market reached 40,683,443 contracts, higher than the 90-day average trading volume, of which put options accounted for 53%.</p><p>S&P Index ETF-SPY options traded 9.837 million contracts, an increase from the previous trading day, of which put options accounted for 59.4%.</p><p><b>2. Total option transaction volume TOP10</b></p><p><img src=\"https://static.tigerbbs.com/33de4ebb143b5ed75172f05cc806cf8f\" tg-width=\"1242\" tg-height=\"2134\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>It closed down 1.27% at $149.84 on Wednesday. In terms of news, Apple is preparing to abandon its internally planned production increase plan of up to 6 million units after learning that demand for iPhone 14 has failed to meet expectations. 2.353 million option contracts were traded on Wednesday, compared with 1.284 million on the previous trading day, a month-on-month increase of more than 83%; Among them, put options account for 54% of all options transactions; Among them, the $150 strike call option expiring September 30, 2022 saw particularly high volume, with 159,375 contracts traded.</p><p><img src=\"https://static.tigerbbs.com/ad5e7bdbfb7eb7f96932d7ab239d5043\" tg-width=\"1579\" tg-height=\"347\" referrerpolicy=\"no-referrer\"/></p><p><b>Related information:</b><a href=\"https://laohu8.com/NW/1117618958\" target=\"_blank\"><b>Apple stops increasing iPhone production, what do Wall Street analysts think?</b></a></p><p>Morgan Stanley analysts released a research report pointing out that it is still in the early stages of the iPhone 14 cycle, and the next 3-5 weeks will still be the key to determining the strength of the iPhone 14 cycle. At that time, the supply chain will be fed back by the additional demand for iPhones in the early stages of the release. iPhone production arrangements will also be readjusted accordingly.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It closed up 4.01% on Wednesday at $80.99. CICC's latest comments stated that in 22Q3, Alibaba's cost reduction and efficiency increase were sustainable, and the overall performance of the profit side may exceed market expectations. 614,300 option contracts were traded on Wednesday, of which put options accounted for 81.5% of all option transactions; Among them, the $180 strike put expiring January 20, 2023 saw particularly high volume, with 65,960 contracts traded.</p><p><img src=\"https://static.tigerbbs.com/9fb9998732216cada1ff2c361bad136d\" tg-width=\"1872\" tg-height=\"106\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/270f54105b7b5a2daa8ba5705efafe42\" tg-width=\"1580\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/></p><p><b>Related information:</b><a href=\"https://laohu8.com/NW/1182486151\" target=\"_blank\"><b>CICC: Alibaba's 2QFY23 revenue may be under pressure, cost reduction and efficiency increase are sustainable</b></a></p><p>It is forecast that the revenue of 2QFY23 is slightly lower than the market expectation, and the non-GAAP net profit attributable to the parent company exceeds the market expectation; We expect Alibaba Group's 2QFY23 revenue to increase by 3% year-on-year to 207.3 billion yuan, which is 3% lower than market expectations, mainly due to the impact or pressure on Chinese businesses due to the epidemic and macro uncertainties; We expect adjusted EBITA to increase by 6% year-on-year to 29.8 billion yuan, mainly due to cost reduction and efficiency increase that exceeds expectations.<b>3. Observation of changes</b></p><p><img src=\"https://static.tigerbbs.com/a13c3cc89f7124e0b39dca5f2e9ab1da\" tg-width=\"1305\" tg-height=\"513\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a>It closed up 9.29% at $245.2 on Wednesday. Atlantic Securities upgraded the company to Overweight from Neutral and raised its price target to $283 from $211. Volume was particularly high for the $250 call option with an expiry September 30, 2022 strike price, with 16,032 contracts traded.</p><p><img src=\"https://static.tigerbbs.com/3d3ea64e43ae75edcf71e7d99c54c448\" tg-width=\"1579\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/BIIB\">Biogen</a>It closed up 39.85% on Wednesday at $276.61. In terms of news, the new Alzheimer's disease drug jointly developed with Eisai has made positive progress. Volume was particularly high for the $300 call option with an expiration September 30, 2022 strike price, with 8,430 contracts traded.</p><p><img src=\"https://static.tigerbbs.com/361c9cc79e3da5413ba27ff15d5cb046\" tg-width=\"1577\" tg-height=\"346\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4f6ec6e99c0c8b9feb7f296b78c65a54","relate_stocks":{"QQQ":"纳指100ETF","AAPL":"苹果","SPY":"标普500ETF","NFLX":"奈飞","BABA":"阿里巴巴","BIIB":"渤健公司"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136112284","content_text":"一、市场概览 （28/09）美东时间周三，在英国央行紧急干预市场后，市场情绪明显好转，美股大幅上涨，截至收盘，道琼斯指数涨1.88%，报29,683.74点；标普500指数涨1.97%，报3,719.04点；纳斯达克指数涨2.05%，报11,051.64点。期权市场总成交量达40,683,443张合约，高于90日平均成交量，其中，看跌期权占比53%。标普指数ETF-SPY期权成交983.7万张合约，较前一交易日有所上涨，其中，看跌期权占比59.4%。二、期权成交总量TOP10苹果周三收跌1.27%，报149.84美元。消息面，苹果公司在得知iPhone 14的需求未能达到预期后，准备放弃内部拟定的高达600万部的增产计划。周三期权合约成交235.3万张，前一交易日为128.4万张，环比上涨逾83%；其中看跌期权占全部期权交易的54%；其中2022年9月30日到期的150美元行使价看涨期权的成交量特别高，成交量为159,375张。相关资讯：苹果停止增产iPhone，华尔街分析师怎么看？摩根士丹利分析师发布研报指出，目前仍处于iPhone14周期的早期阶段，未来3-5周仍将是决定iPhone 14周期强弱的关键，届时供应链将受到发布初期iPhone额外需求的反馈，iPhone生产安排也将相应地重新调整。阿里巴巴周三收涨4.01%，报80.99美元。中金最新点评称，22Q3，阿里巴巴降本增效有可持续性，利润端整体表现或超市场预期。周三期权合约成交61.43万张，其中看跌期权占全部期权交易的81.5%；其中2023年1月20日到期的180美元行使价看跌期权的成交量特别高，成交量为65,960张。相关资讯：中金：阿里2QFY23收入或承压，降本增效有可持续性预测2QFY23收入略低于市场预期，non-GAAP归母净利润超市场预期；我们预计阿里巴巴集团2QFY23收入同比增长3%至2,073亿元人民币，低于市场预期3%，主要由于中国商业受疫情和宏观不确定影响或承压；我们预计调整EBITA将同比上升6%至298亿元，主要由于降本增效超预期。三、异动观察奈飞周三收涨9.29%，报245.2美元。大西洋证券将该公司评级从“中性”上调至“增持”，并将目标价从211美元上调至283美元。2022年9月30日到期行权价为250美元看涨期权的成交量特别高，成交量为16,032张。百健周三收涨39.85%，报276.61美元。消息面，与卫材共同研发的阿尔茨海默病新药取得积极进展。2022年9月30日到期行权价为300美元看涨期权的成交量特别高，成交量为8,430张。","news_type":1,"symbols_score_info":{"BIIB":0.9,"NFLX":0.9,"QQQ":0.9,"AAPL":0.9,"BABA":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1960,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918717777,"gmtCreate":1664456214300,"gmtModify":1676537458597,"author":{"id":"4122459637181732","authorId":"4122459637181732","name":"小狼狗风华无双","avatar":"https://community-static.tradeup.com/news/47202319b795c8cc4a10e1a1bcb388c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122459637181732","authorIdStr":"4122459637181732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MITQ\">$Moving iMage Technologies Inc.(MITQ)$</a>","listText":"<a href=\"https://ttm.financial/S/MITQ\">$Moving iMage Technologies Inc.(MITQ)$</a>","text":"$Moving iMage Technologies Inc.(MITQ)$","images":[{"img":"https://community-static.tradeup.com/news/fe52d0ffe9f801f214b039a81b443127","width":"1125","height":"1761"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918717777","isVote":1,"tweetType":1,"viewCount":2245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9918442198,"gmtCreate":1664441581515,"gmtModify":1676537456116,"author":{"id":"4122459637181732","authorId":"4122459637181732","name":"小狼狗风华无双","avatar":"https://community-static.tradeup.com/news/47202319b795c8cc4a10e1a1bcb388c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122459637181732","authorIdStr":"4122459637181732"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918442198","repostId":"1191634483","repostType":2,"repost":{"id":"1191634483","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":1664439517,"share":"https://ttm.financial/m/news/1191634483?lang=en_US&edition=fundamental","pubTime":"2022-09-29 16:18","market":"us","language":"zh","title":"Changes | Futures indexes all fell, and Chinese concept stocks were sluggish before the market","url":"https://stock-news.laohu8.com/highlight/detail?id=1191634483","media":"老虎资讯综合","summary":"美股三大指数期货在盘前时段均跌超1%。","content":"<p><html><head></head><body>On September 29 (Thursday), the UK unexpectedly rescued the market overnight, driving the European and American stock and bond markets to rebound collectively. Today, the global market returned to turmoil. The three major U.S. stock index futures all fell more than 1% during the premarket session.</p><p><img src=\"https://static.tigerbbs.com/21338872e0982368b9d049f87709a866\" tg-width=\"935\" tg-height=\"331\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/MF\">Daily excellent fresh</a>It fell 20% before the market, and the two companies of Daily Youxian were executed for 1.3 million; Zhejiang Company was deregistered due to the resolution of dissolution.</p><p>Chinese concept stocks generally fell before the market,<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Fell nearly 8%,<a href=\"https://laohu8.com/S/IQ\">IQiyi</a>、<a href=\"https://laohu8.com/S/NTES\">NetEase</a>, JD.com,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It fell more than 3%, and Baidu fell more than 2%.</p><p><img src=\"https://static.tigerbbs.com/0d290ae502a32330bffc77feb4068c9e\" tg-width=\"450\" tg-height=\"418\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>It fell 1.35%. There is news that demand for iPhone 14 is sluggish, and Apple has given up increasing production. Supply chain sources said total orders have not been adjusted.</p><p>U.S. bank stocks fell before the market,<a href=\"https://laohu8.com/S/CS\">Credit Suisse</a>Fell more than 5%,<a href=\"https://laohu8.com/S/BCS\">Barclays Bank</a>Down 4.8%,<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Down 3.92%,<a href=\"https://laohu8.com/S/UBS\">UBS</a>Down 3.2%,<a href=\"https://laohu8.com/S/HBC\">HSBC Holdings</a>Fell 2.7%.</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>Changes | Futures indexes all fell, and Chinese concept stocks were sluggish before the market</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\">\nChanges | Futures indexes all fell, and Chinese concept stocks were sluggish before the market\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\">2022-09-29 16:18</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On September 29 (Thursday), the UK unexpectedly rescued the market overnight, driving the European and American stock and bond markets to rebound collectively. Today, the global market returned to turmoil. The three major U.S. stock index futures all fell more than 1% during the premarket session.</p><p><img src=\"https://static.tigerbbs.com/21338872e0982368b9d049f87709a866\" tg-width=\"935\" tg-height=\"331\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/MF\">Daily excellent fresh</a>It fell 20% before the market, and the two companies of Daily Youxian were executed for 1.3 million; Zhejiang Company was deregistered due to the resolution of dissolution.</p><p>Chinese concept stocks generally fell before the market,<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Fell nearly 8%,<a href=\"https://laohu8.com/S/IQ\">IQiyi</a>、<a href=\"https://laohu8.com/S/NTES\">NetEase</a>, JD.com,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It fell more than 3%, and Baidu fell more than 2%.</p><p><img src=\"https://static.tigerbbs.com/0d290ae502a32330bffc77feb4068c9e\" tg-width=\"450\" tg-height=\"418\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>It fell 1.35%. There is news that demand for iPhone 14 is sluggish, and Apple has given up increasing production. Supply chain sources said total orders have not been adjusted.</p><p>U.S. bank stocks fell before the market,<a href=\"https://laohu8.com/S/CS\">Credit Suisse</a>Fell more than 5%,<a href=\"https://laohu8.com/S/BCS\">Barclays Bank</a>Down 4.8%,<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Down 3.92%,<a href=\"https://laohu8.com/S/UBS\">UBS</a>Down 3.2%,<a href=\"https://laohu8.com/S/HBC\">HSBC Holdings</a>Fell 2.7%.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a82005fdd5a20870413111b3adc1a547","relate_stocks":{".DJI":"道琼斯"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191634483","content_text":"9月29日（周四），隔夜英国意外出手救市，带动欧美股债市场集体反弹，今日全球市场重回动荡。美股三大指数期货在盘前时段均跌超1%。每日优鲜盘前跌20%，每日优鲜两公司被执行130万；浙江公司注销，原因为决议解散。中概股盘前普跌，小鹏汽车跌近8%，爱奇艺、网易、京东、哔哩哔哩跌超3%，百度跌超2%。苹果跌1.35%，有消息称iPhone14需求低迷，苹果放弃增产。供应链人士表示总订单未调整。美股银行股盘前走低，瑞士信贷跌超5%，巴克莱银行跌4.8%，德意志银行跌3.92%，瑞银跌3.2%，汇丰控股跌2.7%。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}