Rachel_Tan personal page - To The Moon

Rachel_Tan

Rachel_Tan

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2021-06-16

$8VIC(8VI.AU)$wow！unbelievable！

2021-06-11

$8VIC(8VI.AU)$?

2022-09-06

$8VI Holdings Ltd(8VI.AU)$🤣

2021-06-20

?

Interest rate cuts? It was just a beautiful misunderstanding

2021-04-24

$ARK Fintech Innovation ETF(ARKF)$?

2021-04-16

$Skillz Inc(SKLZ)$ ??

2022-04-09

$Skillz Inc(SKLZ)$hopeless

2022-02-11

Good news

MSCI to Add Grab, 20 Stocks to Global Index

2024-09-05

$SATS LTD.(S58.SI)$ 😍

2023-03-27

😆haha！ any rewards?

Go to Tiger App to see more news

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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$285 million 8.5 per cent senior secured notes due 2026 have been offered for exchange for new notes of the same value due 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Ltd(8VI.AU)$🤣","images":[{"img":"https://community-static.tradeup.com/news/e13a51060c50a07aa1f116d96b0a564f","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9931625325","isVote":1,"tweetType":1,"viewCount":3242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9999189096,"gmtCreate":1660490072717,"gmtModify":1676533479244,"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/9999189096","repostId":"1147223575","repostType":4,"repost":{"id":"1147223575","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":1660474383,"share":"https://ttm.financial/m/news/1147223575?lang=en_US&edition=fundamental","pubTime":"2022-08-14 18:53","market":"hk","language":"zh","title":"Haidilao: Recorded a net loss of approximately 225 million to 297 million yuan 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>August 14th,<a href=\"https://laohu8.com/S/06862\">Haidilao</a>: The Group expects to record a net loss of approximately RMB 225 million to RMB 297 million in the first half of 2022, compared with a profit of RMB 96.5 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\" 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>Haidilao: Recorded a net loss of approximately 225 million to 297 million yuan in the first half of the year</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; 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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: Recorded a net loss of approximately 225 million to 297 million yuan 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>August 14th,<a href=\"https://laohu8.com/S/06862\">Haidilao</a>: The Group expects to record a net loss of approximately RMB 225 million to RMB 297 million in the first half of 2022, compared with a profit of RMB 96.5 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":{"06862":"海底捞","BK1583":"高瓴概念","CYB":"人民币ETF-WisdomTree Dreyfus","BK1589":"北水核心资产","BK1233":"餐馆","BK1604":"节假日概念","BK1591":"就地过年概念"},"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":{"UCmain":0.9,"06862":0.9,"CNHmain":0.9,"CYB":0.9}},"isVote":1,"tweetType":1,"viewCount":2102,"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":"🤩&nbsp;","listText":"🤩&nbsp;","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 experienced 6 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 wars in COVID-19 pandemic and Russia-Ukraine, A-shares have continued to be overwhelmed by dark 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>Investors' hearts are inevitably full of anxiety in the current market, but judging from the history of A-shares in the past ten years and the investment history of U.S. stocks for a century, the crisis will eventually pass, and bull stocks continue to hit new highs at the end of the crisis..</p><p>A-shares have short bulls and long bears. If investors do not have a stable mind and long-term investment beliefs, it is easy to sell at low points in shock waves again and again. In the past ten years, A-shares have faced some vigorous \"big events\" almost every two years on average, such as the \"money shortage\" in 2013, the clearing of off-market capital allocation in 2015, and the Sino-US trade friction in 2018., COVID-19 pandemic spread in early 2020...</p><p>But none of these \"big events\" that caused a moment of panic affected the bullish trend of a good company. According to statistics from reporters from Brokerage China · \"Investment Little Red Book\", 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%. Outperform bonds and wealth management products in the same period. Among them, 14% of outstanding companies have increased by more than 3 times, and 3% of outstanding companies have 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 will plummet, which may reach more than 50%, but for those who have long-term funds, can control their emotions, and have a sound investment framework, stocks are a better long-term choice.</b></p><p>From the perspective of historical changes, those investors who can draw wisdom from history and combine knowledge and action will eventually be rewarded in the long run.</p><p><b>A-shares have experienced 6 shock waves in the past 10 years</b></p><p>Some people say that a financial history is actually a crisis history.</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. There were six recessions in the 19th century. At that time, it was called a recession. Now we call it a panic. While recessions and panics will occur from time to time, this does not equal a bottomless pit. Every century has some depressed years, but there are more good years than bad years, and this country will not stop moving forward, both in China and the United States.</p><p>Going back to A-shares, in the 10 years from 2012 to 2021, there have actually been 6 influential shock waves. Every time an impact comes, investors with ill-prepared psychology feel that Mount Tai is overwhelming, but if placed in the historical coordinates, the imprint left by the temporary panic event on the stock market is like the ripples in the sea, which is not to be afraid of.</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 the \"liberation bottom\". On November 19th, 2012, the media published the news that the plasticizer of a liquor company seriously exceeded the standard. Under the panic, the stocks in the liquor sector were collectively sold 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-weight stocks fell more than 30%. On December 4, 2012, the Shanghai Composite Index also fell to 1949 points.</p><p><b>Annual Report 2013</b>The \"money shortage\" once caused the overnight lending rate to 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 lending rate rose rapidly, especially the overnight lending rate. On June 20, the overnight lending rate once soared to 25%, and the pledged repo rate soared to 30%. Previously, in May, the overnight lending rate was only about 4%. The panic in the currency market also spread to the entire financial market, and the Shanghai and Shenzhen stock markets plummeted. On June 25, the Shanghai Composite Index fell to a five-year record low of 1,849 points.</p><p><b>Year ended 31 December 2015</b>In the summer, A-shares were \"huge earthquakes\", and \"thousands of shares fell to the limit\" kept occurring, and the stock prices of thousands of individual stocks were quickly \"halved\". In the summer of 2015, news such as the substantial reduction of industrial capital and the clearing of off-exchange fund-raising triggered a change in market confidence. However, there was a huge amount of leveraged funds in A-shares at that time, and forced liquidation and stock price decline continued to circulate negatively. In just 17 trading days from June 10 to July 8, 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 began to implement the fuse mechanism. However, the two declines on January 4 and January 7 triggered the threshold 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>Annual Report 2018</b>Under the Sino-US trade friction, the Shanghai Composite Index fell nearly 25% throughout the year. At the beginning of 2018, the cloud of Sino-US trade war hung over A-shares. By mid-June, China and the United States formally promised to start imposing tariffs in the following period, and A-shares plunged rapidly. The Shanghai Composite Index fell 25% throughout the year, and none of the 28 industries rose throughout the year. More than 90% of the stocks closed down throughout the year.</p><p><b>Annual Report 2020</b>COVID-19 pandemic spreads. In March 2020, the COVID-19 pandemic spread to the world, and the U.S. stock market broke four times in March. Even Buffett felt that he was \"alive for a long time\". Well-known researchers claimed that the impact of the COVID-19 pandemic would be comparable to the Great Depression. The Shanghai Composite Index also fell 4.51% in March.</p><p><b>Not afraid of repeated shock waves, 14% of individual stocks have tripled in 10 years</b></p><p>For investors who are in the shock wave of the stock market, pessimism seems endless, and hope always comes late. When they see that their principal or profits seem to be completely lost, they will inevitably panic and anxious. If emotions cannot be well controlled at this time, investors tend to sell at low points and panic and sell stocks at all costs at the lowest moment.</p><p>From the perspective of extended history, despite experiencing 6 shock waves, in the 10 years from 2012 to 2021, 761 stocks have 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>Statistics from brokerage Chinese reporters show that among the 1,910 listed companies that were 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 seen an astonishing increase. In the past 10 years, 50 stocks have increased by more than ten times, and 275 stocks have increased by more than three times.</p><p>Statistics also show that 1,526 stocks have experienced positive gains in the past 10 years, accounting for 80% of companies with comparable data. However, there are also 50 stocks that have fallen by more than 50% in the past 10 years, and many stocks have been delisted, all of which have caused heavy losses to investors.</p><p><b>Performance is the main factor driving the stock price</b></p><p>Despite the ups and downs of the market, what investors have to do is to 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 stock price has increased 30 times in the past 10 years, and the company's net profit attributable to the parent has also increased 26 times in the past 10 years. In 2011, the company's net profit attributable to the parent was only 258 million yuan. 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 stock price of Inovance Technology 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. In 2021, Inovance Technology's net profit attributable to the parent was 3.53 billion yuan.</p><p><a href=\"https://laohu8.com/S/002415\">Hikvision</a>The company's stock price has risen 11 times in the past 10 years, and the company's net profit attributable to the parent has risen 10 times 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 stock 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 forced seller in panic</b></p><p>\"If you have a stock market crash and you will panic and sell your holdings, I suggest you don't invest in stocks. It's usually not a wise decision to sell your shares 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 a moment that there is the highest potential return. If there is no funds to increase positions at this time, you must remain psychologically calm and turn a blind eye to pessimistic market trends. In the midst of panic, investors should keep in mind that they should be buyers at this time and avoid becoming miserable sellers due to psychological endurance or financial arrangements.</p><p><a href=\"https://laohu8.com/S/OAK\">Oaktree Capital</a>Howard Marks said in his book \"The Most Important Thing in Investing\" that in a crisis, our key is to stay away from the force of forced selling and position ourselves as buyers. In order to meet this standard, investors need to do the following points:<b>Firmly believe in value, use little or no leverage, have long-term capital and tenacious willpower; Supported by a contrarian investment mentality and a strong balance sheet, you can only reap amazing gains in a disaster if you wait patiently.</b></p><p>Because the capital market seems to have some adverse events every two years, Peter Lynch also said, this is a very important principle why you must keep in mind. Never use your college tuition, marriage expenses or other funds next year to buy stocks or funds, so that you don't have to be forced to sell stocks in a plummeting market to exchange them for cash to pay the necessary expenses you have to pay. 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 emotions, sometimes crazy and sometimes panicked. The stock market is a matter 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, daring to think reversely and invest reversely. All the rare situations in a hundred years have happened, and the probability of more difficult situations and worse situations is very low. We must learn to think backwards: the sky can't fall! If it does collapse, it's useless to take cash. If we should use our Chinese philosophy to think about it, it will be extremely successful.</p><p>Zhong Zhaomin believes that profit growth is the biggest factor driving the rise of stock prices. \"Long-term investment income comes from three parts, the national average alpha, the industry alpha and the alpha of outstanding enterprises. Among them, the largest part comes from the alpha of outstanding enterprises. In the long run, the market is a weighing machine, and profit is the biggest factor driving stock price growth.\" Zhong Zhaomin said that investing with the mentality of being a shareholder is the smartest and wisest investment method to keep one's duty and return to basics.</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 experienced 6 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 experienced 6 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 wars in COVID-19 pandemic and Russia-Ukraine, A-shares have continued to be overwhelmed by dark 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>Investors' hearts are inevitably full of anxiety in the current market, but judging from the history of A-shares in the past ten years and the investment history of U.S. stocks for a century, the crisis will eventually pass, and bull stocks continue to hit new highs at the end of the crisis..</p><p>A-shares have short bulls and long bears. If investors do not have a stable mind and long-term investment beliefs, it is easy to sell at low points in shock waves again and again. In the past ten years, A-shares have faced some vigorous \"big events\" almost every two years on average, such as the \"money shortage\" in 2013, the clearing of off-market capital allocation in 2015, and the Sino-US trade friction in 2018., COVID-19 pandemic spread in early 2020...</p><p>But none of these \"big events\" that caused a moment of panic affected the bullish trend of a good company. According to statistics from reporters from Brokerage China · \"Investment Little Red Book\", 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%. Outperform bonds and wealth management products in the same period. Among them, 14% of outstanding companies have increased by more than 3 times, and 3% of outstanding companies have 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 will plummet, which may reach more than 50%, but for those who have long-term funds, can control their emotions, and have a sound investment framework, stocks are a better long-term choice.</b></p><p>From the perspective of historical changes, those investors who can draw wisdom from history and combine knowledge and action will eventually be rewarded in the long run.</p><p><b>A-shares have experienced 6 shock waves in the past 10 years</b></p><p>Some people say that a financial history is actually a crisis history.</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. There were six recessions in the 19th century. At that time, it was called a recession. Now we call it a panic. While recessions and panics will occur from time to time, this does not equal a bottomless pit. Every century has some depressed years, but there are more good years than bad years, and this country will not stop moving forward, both in China and the United States.</p><p>Going back to A-shares, in the 10 years from 2012 to 2021, there have actually been 6 influential shock waves. Every time an impact comes, investors with ill-prepared psychology feel that Mount Tai is overwhelming, but if placed in the historical coordinates, the imprint left by the temporary panic event on the stock market is like the ripples in the sea, which is not to be afraid of.</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 the \"liberation bottom\". On November 19th, 2012, the media published the news that the plasticizer of a liquor company seriously exceeded the standard. Under the panic, the stocks in the liquor sector were collectively sold 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-weight stocks fell more than 30%. On December 4, 2012, the Shanghai Composite Index also fell to 1949 points.</p><p><b>Annual Report 2013</b>The \"money shortage\" once caused the overnight lending rate to 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 lending rate rose rapidly, especially the overnight lending rate. On June 20, the overnight lending rate once soared to 25%, and the pledged repo rate soared to 30%. Previously, in May, the overnight lending rate was only about 4%. The panic in the currency market also spread to the entire financial market, and the Shanghai and Shenzhen stock markets plummeted. On June 25, the Shanghai Composite Index fell to a five-year record low of 1,849 points.</p><p><b>Year ended 31 December 2015</b>In the summer, A-shares were \"huge earthquakes\", and \"thousands of shares fell to the limit\" kept occurring, and the stock prices of thousands of individual stocks were quickly \"halved\". In the summer of 2015, news such as the substantial reduction of industrial capital and the clearing of off-exchange fund-raising triggered a change in market confidence. However, there was a huge amount of leveraged funds in A-shares at that time, and forced liquidation and stock price decline continued to circulate negatively. In just 17 trading days from June 10 to July 8, 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 began to implement the fuse mechanism. However, the two declines on January 4 and January 7 triggered the threshold 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>Annual Report 2018</b>Under the Sino-US trade friction, the Shanghai Composite Index fell nearly 25% throughout the year. At the beginning of 2018, the cloud of Sino-US trade war hung over A-shares. By mid-June, China and the United States formally promised to start imposing tariffs in the following period, and A-shares plunged rapidly. The Shanghai Composite Index fell 25% throughout the year, and none of the 28 industries rose throughout the year. More than 90% of the stocks closed down throughout the year.</p><p><b>Annual Report 2020</b>COVID-19 pandemic spreads. In March 2020, the COVID-19 pandemic spread to the world, and the U.S. stock market broke four times in March. Even Buffett felt that he was \"alive for a long time\". Well-known researchers claimed that the impact of the COVID-19 pandemic would be comparable to the Great Depression. The Shanghai Composite Index also fell 4.51% in March.</p><p><b>Not afraid of repeated shock waves, 14% of individual stocks have tripled in 10 years</b></p><p>For investors who are in the shock wave of the stock market, pessimism seems endless, and hope always comes late. When they see that their principal or profits seem to be completely lost, they will inevitably panic and anxious. If emotions cannot be well controlled at this time, investors tend to sell at low points and panic and sell stocks at all costs at the lowest moment.</p><p>From the perspective of extended history, despite experiencing 6 shock waves, in the 10 years from 2012 to 2021, 761 stocks have 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>Statistics from brokerage Chinese reporters show that among the 1,910 listed companies that were 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 seen an astonishing increase. In the past 10 years, 50 stocks have increased by more than ten times, and 275 stocks have increased by more than three times.</p><p>Statistics also show that 1,526 stocks have experienced positive gains in the past 10 years, accounting for 80% of companies with comparable data. However, there are also 50 stocks that have fallen by more than 50% in the past 10 years, and many stocks have been delisted, all of which have caused heavy losses to investors.</p><p><b>Performance is the main factor driving the stock price</b></p><p>Despite the ups and downs of the market, what investors have to do is to 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 stock price has increased 30 times in the past 10 years, and the company's net profit attributable to the parent has also increased 26 times in the past 10 years. In 2011, the company's net profit attributable to the parent was only 258 million yuan. 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 stock price of Inovance Technology 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. In 2021, Inovance Technology's net profit attributable to the parent was 3.53 billion yuan.</p><p><a href=\"https://laohu8.com/S/002415\">Hikvision</a>The company's stock price has risen 11 times in the past 10 years, and the company's net profit attributable to the parent has risen 10 times 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 stock 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 forced seller in panic</b></p><p>\"If you have a stock market crash and you will panic and sell your holdings, I suggest you don't invest in stocks. It's usually not a wise decision to sell your shares 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 a moment that there is the highest potential return. If there is no funds to increase positions at this time, you must remain psychologically calm and turn a blind eye to pessimistic market trends. In the midst of panic, investors should keep in mind that they should be buyers at this time and avoid becoming miserable sellers due to psychological endurance or financial arrangements.</p><p><a href=\"https://laohu8.com/S/OAK\">Oaktree Capital</a>Howard Marks said in his book \"The Most Important Thing in Investing\" that in a crisis, our key is to stay away from the force of forced selling and position ourselves as buyers. In order to meet this standard, investors need to do the following points:<b>Firmly believe in value, use little or no leverage, have long-term capital and tenacious willpower; Supported by a contrarian investment mentality and a strong balance sheet, you can only reap amazing gains in a disaster if you wait patiently.</b></p><p>Because the capital market seems to have some adverse events every two years, Peter Lynch also said, this is a very important principle why you must keep in mind. Never use your college tuition, marriage expenses or other funds next year to buy stocks or funds, so that you don't have to be forced to sell stocks in a plummeting market to exchange them for cash to pay the necessary expenses you have to pay. 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 emotions, sometimes crazy and sometimes panicked. The stock market is a matter 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, daring to think reversely and invest reversely. All the rare situations in a hundred years have happened, and the probability of more difficult situations and worse situations is very low. We must learn to think backwards: the sky can't fall! If it does collapse, it's useless to take cash. If we should use our Chinese philosophy to think about it, it will be extremely successful.</p><p>Zhong Zhaomin believes that profit growth is the biggest factor driving the rise of stock prices. \"Long-term investment income comes from three parts, the national average alpha, the industry alpha and the alpha of outstanding enterprises. Among them, the largest part comes from the alpha of outstanding enterprises. In the long run, the market is a weighing machine, and profit is the biggest factor driving stock price growth.\" Zhong Zhaomin said that investing with the mentality of being a shareholder is the smartest and wisest investment method to keep one's duty and return to basics.</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":2301,"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&nbsp;","listText":"<a href=\"https://ttm.financial/S/SKLZ\">$Skillz Inc(SKLZ)$</a>hopeless&nbsp;","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":2248,"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&nbsp;","listText":"Good news&nbsp;","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":"us","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&#39;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&#39;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&#39;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&#39;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 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: 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&#39;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&#39;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&#39;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&#39;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":{"00941":"中国移动","KIM":"金科","AER":"Aercap飞机租赁","GRAB":"Grab Holdings","BK4112":"金融交易所和数据","MSCI":"MSCI Inc"},"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":{"AER":0,"GRAB":0,"MSCI":0,"KIM":0,"00941":0}},"isVote":1,"tweetType":1,"viewCount":2337,"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":"Interest 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 change of quotation method, the deposit interest rates of different maturities will rise and fall differently; Under 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. The self-regulatory mechanism sets different basis points caps for different types of banks. After the change of quotation method, the deposit interest rate of less than one year has increased, the one-year interest rate level has remained unchanged, and most deposit products with a maturity 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 localities to soft restrict the floating range of interest rates 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 method 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 interest rates 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 vary. For most banks, interest rates on deposits over 1 year will fall, while those under 1 year will rise.</b></p><p><b>4. Theoretically, 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 is not simply 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 market-oriented track;</p><p>2) Even if the deposit interest rate changes, the transmission of the deposit interest rate to asset-side costs 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 debt costs of banks, the willingness of banks to maturity mismatch will inevitably decrease, which will lead to the fact that the capital cost of the whole society may not necessarily decrease.</p><p><b>5. In the current environment, the probability of monetary policy easing is very low:</b></p><p>1) The current position of monetary policy has been significantly looser than the reasonable position given by economic fundamentals, at least it does not reflect the current rapidly upward inflation level. If inflation continues to exceed expectations in the second half of the year, monetary policy may not be loose in the second half of the year. Loosen and tighten.</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 policy tools such as MLF, reverse repurchase, and LPR were each lowered by as much as 30bp. However, after the subsequent environment recovers, these policy interest rates remain within ultra-low levels, which makes it unnecessary to continue to use price policy easing.</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 long-term or short-term interest rate bonds may not decrease significantly. If the bond market remains unchanged, the impact of this policy on other assets should also 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>Interest 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\">\nInterest rate 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 change of quotation method, the deposit interest rates of different maturities will rise and fall differently; Under 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. The self-regulatory mechanism sets different basis points caps for different types of banks. After the change of quotation method, the deposit interest rate of less than one year has increased, the one-year interest rate level has remained unchanged, and most deposit products with a maturity 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 localities to soft restrict the floating range of interest rates 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 method 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 interest rates 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 vary. For most banks, interest rates on deposits over 1 year will fall, while those under 1 year will rise.</b></p><p><b>4. Theoretically, 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 is not simply 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 market-oriented track;</p><p>2) Even if the deposit interest rate changes, the transmission of the deposit interest rate to asset-side costs 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 debt costs of banks, the willingness of banks to maturity mismatch will inevitably decrease, which will lead to the fact that the capital cost of the whole society may not necessarily decrease.</p><p><b>5. In the current environment, the probability of monetary policy easing is very low:</b></p><p>1) The current position of monetary policy has been significantly looser than the reasonable position given by economic fundamentals, at least it does not reflect the current rapidly upward inflation level. If inflation continues to exceed expectations in the second half of the year, monetary policy may not be loose in the second half of the year. Loosen and tighten.</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 policy tools such as MLF, reverse repurchase, and LPR were each lowered by as much as 30bp. However, after the subsequent environment recovers, these policy interest rates remain within ultra-low levels, which makes it unnecessary to continue to use price policy easing.</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 long-term or short-term interest rate bonds may not decrease significantly. If the bond market remains unchanged, the impact of this policy on other assets should also 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":3261,"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":2842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":181378495,"gmtCreate":1623376230717,"gmtModify":1704201995296,"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>?","listText":"<a href=\"https://laohu8.com/S/8VI.AU\">$8VIC(8VI.AU)$</a>?","text":"$8VIC(8VI.AU)$?","images":[{"img":"https://static.tigerbbs.com/2cf8d9ad652aa1e3a66c84c65a997c9a","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181378495","isVote":1,"tweetType":1,"viewCount":1410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":375094944,"gmtCreate":1619253625188,"gmtModify":1704721881122,"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/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>?","listText":"<a href=\"https://laohu8.com/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>?","text":"$ARK Fintech Innovation ETF(ARKF)$?","images":[{"img":"https://static.tigerbbs.com/e6521701b9787361c921cfd564d9dcea","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375094944","isVote":1,"tweetType":1,"viewCount":973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370864710,"gmtCreate":1618573905430,"gmtModify":1704712923465,"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/SKLZ\">$Skillz Inc(SKLZ)$</a> ??","listText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a> ??","text":"$Skillz Inc(SKLZ)$ ??","images":[{"img":"https://static.tigerbbs.com/7a2b0338a08208c0c2dd37105f6ade43","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370864710","isVote":1,"tweetType":1,"viewCount":1127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":343876938,"gmtCreate":1617708259524,"gmtModify":1704702028103,"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/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>?","listText":"<a href=\"https://laohu8.com/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>?","text":"$ARK Fintech Innovation ETF(ARKF)$?","images":[{"img":"https://static.tigerbbs.com/3d159b4d8e60339f0f02b3d750341239","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343876938","isVote":1,"tweetType":1,"viewCount":909,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":349473907,"gmtCreate":1617634819509,"gmtModify":1704701213614,"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/349473907","repostId":"1115666346","repostType":4,"repost":{"id":"1115666346","kind":"news","pubTimestamp":1617616567,"share":"https://ttm.financial/m/news/1115666346?lang=en_US&edition=fundamental","pubTime":"2021-04-05 17:56","market":"hk","language":"zh","title":"Behind the 31-fold surge of a pair of shoes: Li Ning launched a full-scale counterattack against the national trend","url":"https://stock-news.laohu8.com/highlight/detail?id=1115666346","media":"华尔街见闻","summary":"在消费升级的热潮中，中国品牌们正在改头换面，摆脱“大众运动品牌”的形象，向“运动时尚潮流”的高端站位发起冲击。\n\n炒鞋致富的新闻不稀奇，只不过这回，被炒到数万元的品牌是曾经的“大街货”李宁。\n在炒鞋党","content":"<p>In the upsurge of consumption upgrades, Chinese brands are changing their faces, getting rid of the image of \"mass sports brands\" and launching an impact on the high-end position of \"sports fashion trends\". The news of getting rich by speculating on shoes is not unusual, but this time, the brand that was fired for tens of thousands of yuan was once a \"street product\"<a href=\"https://laohu8.com/S/02331\">Li Ning</a>。</p><p>On the Dewu APP, the \"base camp\" of the shoe speculation party, the Li-Ning Wade's Way 4 All-Star Silver and White model is priced at 48,889 yuan, which is 31 times higher than the reference offering price of 1,499 yuan.</p><p>Among the Anta brands, taking the white and black casual sneakers of Doraemon co-branded as an example, the price of 42.5 yards is 4,599 yuan, and the reference price is only 499 yuan, an increase of more than 8 times. There are nearly 9,000 recent purchase records.</p><p>The value of Li Ning and Anta has skyrocketed, and the people who eat melons are shocked at this time that domestic products that were once close to the people are now unaffordable. \"I used to buy Li Ning when I had no money, but now I have no money to buy Li Ning.\"</p><p><b>In fact, new domestic products with high pricing and avant-garde design have continued to explode in the past two years.</b>As early as 2018, China's Li Ning hit the screen by setting foot on New York Fashion Week. The price of many limited-edition sneakers of Li Ning in China has increased several times before, and the follow-up hype after the Xinjiang cotton incident only amplified the increase.</p><p><b>Behind this, there are many old and new brands in the cost-effective sports life market, which is in a fierce competitive red ocean pattern. At the same time, the improvement of the consumption level of domestic young customers has been upgraded from single value on the cost performance of goods to pursuing different levels such as social attributes, aesthetic style and cultural connotation of products.</b></p><p><b>In this wave of consumption upgrades, Chinese brands are changing their faces, getting rid of the image of \"mass sports brands\" and launching an impact on the high-end position of \"sports fashion trends\".</b></p><p><b>Ten years of transformation, China Li Ning was born</b></p><p>As early as 2010, Zhang Zhiyong realized that Li Ning's brand crisis was coming.</p><p>On the one hand, the core customer base of the brand's original post-60s-80s brand is losing. On the other hand, emerging customer groups such as the post-90s generation lack a cognitive foundation for the Li-Ning brand, and their consumption habits change rapidly.</p><p>At that time, Zhang Paiban put forward the brand rejuvenation strategy of \"post-90s Li Ning\", and started a series of actions to change the label and raise the price. The price segment of the main product was mentioned above 400 yuan.</p><p>It's a pity<b>, the start of rebranding was not smooth.</b></p><p>The price of new commodities has become more expensive, which makes it difficult for Li Ning's main consumer groups in second-, third-and fourth-tier cities to accept. The number of orders and orders has dropped by 17% year-on-year. Li Ning has stuck itself between international high-end brands and popular brands in the market.</p><p>In 2011, the company's profit plummeted by 65%, but the amount of product inventory increased by 200 million yuan, a 41% month-on-month increase, and the inventory turnover days changed from 52 days to 73 days.</p><p>In 2012, Zhang Zhiyong, who had led the operation of Li Ning Company for 11 years, lost the trust of the founder and the board of directors and declared his exit. TPG Jin Zhenjun took over.</p><p>During the period when Jin Zhenjun took office, Li-Ning Company successively launched the \"Li-Ning XJessica\" youth idol route and the \"Li-Ning Spring Label\" cost-effective sports life route based on the strategy of brand rejuvenation.</p><p>Overall, the period<b>, Li-Ning Company has made a useful exploration of the new business model of sports fashion, but the style image is relatively diverse and scattered, the product differentiation is insufficient, the brand recognition is not prominent enough, and the positioning of brand rejuvenation still lacks important support.</b></p><p><b>It was not until the layout of the national trend and trying to integrate traditional cultural elements into the existing product line that Li Ning ushered in a real turning point.</b></p><p>In 2017, Li-Ning Company released the original color matching products of Chinese style landscape painting, Qingying White Series and Counterflow Series, which are all-red-shaped \"Rouge Nian\" limited edition, using traditional landscape and ancient costume color matching.</p><p>In 2018, the Chinese Li-Ning series landed in New York Fashion Week, which was a great success. This series incorporates traditional cultural representative elements such as \"Silk Road\", \"Dunhuang Murals\", \"Landscape Flowers and Birds\" and other innovative designs, which triggered a rush to buy. Li Ning also took this opportunity to reshape the traditional mass sports brand image and realize the brand innovation model of \"national style retro X sports fashion\".</p><p><img src=\"https://static.tigerbbs.com/a9e4a46b078411806d06806fb09171a9\" tg-width=\"1080\" tg-height=\"542\" referrerpolicy=\"no-referrer\"></p><p>(In 2018, China Li-Ning series landed in New York Fashion Week)</p><p><b>China Li-Ning and main brands work together</b></p><p>On the one hand, Li-Ning has completed the redefinition of Li-Ning's classic styles in the form of fashion shows at the central traffic nodes of the fashion industry with the help of mid-to high-standard central fashion catwalk models such as New York Fashion Week.</p><p>On the other hand, Li Ning has joint cooperation with MAC, Dunhuang Museum, and popular animation IPs. The types of joint brands focus on traditional cultural IPs and animation IPs to meet the needs of younger target customers.</p><p><a href=\"https://laohu8.com/S/601162\">Tianfeng Securities</a>Analysts Sun Haiyang and Fan Zhangxiang believe that,<b>The Li-Ning brand is based on China Li-Ning<a href=\"https://laohu8.com/S/HUBG\">hub</a>To realize the combing, series connection and expansion of the 2017 brand innovation national fashion series, and form a national fashion design style with shoes and clothing integrated, which has existing advantages in the field of national fashion trend, and some competing products in the same industry are difficult to copy in the short term.</b></p><p>China Li-Ning's channel layout is still in the stage of rapid expansion. As of the end of 2019, the number of this series of fashion flagship stores was 120. Tianfeng Securities estimates that the number of stores in China's Li-Ning series will increase by 71 stores in 2020, and the net increase in stores is expected to reach 109 and 110 from 2021 to 2022 respectively, which will be close to the upper limit of 500-650 stores in 2025. The turnover scale of the series is expected to exceed 5 billion yuan.</p><p><img src=\"https://static.tigerbbs.com/a3d7e91f62ae62add07afbda73525df0\" tg-width=\"1249\" tg-height=\"494\" referrerpolicy=\"no-referrer\"></p><p>China's Li-Ning series is mainly based on young customers of Generation Z (18-25 years old), and the pricing level is in the range of 800-1,200 yuan, which is 3-4 times the price range of Li-Ning's bulk goods of 160-320 yuan.</p><p><b>Objectively speaking, China Li Ning's series audience has a single age group, and its price also determines that the customer base is not as large as that of large goods. However, Tianfeng Securities believes that China Li Ning will work together with the main brand and is expected to continue to provide performance increment.</b></p><p>At the same time, benefiting from the accumulated effect of China's Li-Ning Guochao concept on the improvement of the brand power of Li-Ning's large cargo owners, the overall price range of the Li-Ning brand is expected to increase steadily. At the same time, during the 2020H1 period, the company will promote the replacement and upgrading of inefficient stores, and at the same time expand the number of new large stores in shopping malls. The store efficiency of the Li-Ning brand is expected to maintain steady improvement in the future.</p><p>Tianfeng Securities predicts that the average annual net increase of Li-Ning large-scale stores from 2021 to 2023 will remain within the range of 240-300; Li-Ning Young's average annual net increase in stores from 2021 to 2023 is expected to be between 100-200.</p><p>2023-2028 is a period of rapid growth for Li Ning Company. The CAGR of net profit attributable to the parent company remains at 20%. 2029-2033 is a period of stable growth. The company's overall CAGR of net profit attributable to the parent company remains at 15%. After 2034, it will be a perpetual period. The growth rate of net profit attributable to the parent company and FCFF is constant at 3%.</p><p><img src=\"https://static.tigerbbs.com/c582a52865722ffb0145e2adef50e72b\" tg-width=\"1247\" tg-height=\"629\" referrerpolicy=\"no-referrer\"></p><p>The national trend has brought new momentum to Li Ning, but it has also become a speculation point for some speculators. CCTV News commented today that shoes are for wearing, not for speculation. Shoe speculators have raised the price of domestic sneakers to a deformity through abnormal means, breaking away from the real price of domestic sneakers, which will eventually hurt the whole domestic shoe industry.</p><p>Looking back at Li Ning's ten-year transformation history, we can find that the transformation of domestic products is driven by internal innovation. Don't let hype stifle the healthy growth of the brand and industry.</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>Behind the 31-fold surge of a pair of shoes: Li Ning launched a full-scale counterattack against the national trend</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBehind the 31-fold surge of a pair of shoes: Li Ning launched a full-scale counterattack against the national trend\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-04-05 17:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In the upsurge of consumption upgrades, Chinese brands are changing their faces, getting rid of the image of \"mass sports brands\" and launching an impact on the high-end position of \"sports fashion trends\". The news of getting rich by speculating on shoes is not unusual, but this time, the brand that was fired for tens of thousands of yuan was once a \"street product\"<a href=\"https://laohu8.com/S/02331\">Li Ning</a>。</p><p>On the Dewu APP, the \"base camp\" of the shoe speculation party, the Li-Ning Wade's Way 4 All-Star Silver and White model is priced at 48,889 yuan, which is 31 times higher than the reference offering price of 1,499 yuan.</p><p>Among the Anta brands, taking the white and black casual sneakers of Doraemon co-branded as an example, the price of 42.5 yards is 4,599 yuan, and the reference price is only 499 yuan, an increase of more than 8 times. There are nearly 9,000 recent purchase records.</p><p>The value of Li Ning and Anta has skyrocketed, and the people who eat melons are shocked at this time that domestic products that were once close to the people are now unaffordable. \"I used to buy Li Ning when I had no money, but now I have no money to buy Li Ning.\"</p><p><b>In fact, new domestic products with high pricing and avant-garde design have continued to explode in the past two years.</b>As early as 2018, China's Li Ning hit the screen by setting foot on New York Fashion Week. The price of many limited-edition sneakers of Li Ning in China has increased several times before, and the follow-up hype after the Xinjiang cotton incident only amplified the increase.</p><p><b>Behind this, there are many old and new brands in the cost-effective sports life market, which is in a fierce competitive red ocean pattern. At the same time, the improvement of the consumption level of domestic young customers has been upgraded from single value on the cost performance of goods to pursuing different levels such as social attributes, aesthetic style and cultural connotation of products.</b></p><p><b>In this wave of consumption upgrades, Chinese brands are changing their faces, getting rid of the image of \"mass sports brands\" and launching an impact on the high-end position of \"sports fashion trends\".</b></p><p><b>Ten years of transformation, China Li Ning was born</b></p><p>As early as 2010, Zhang Zhiyong realized that Li Ning's brand crisis was coming.</p><p>On the one hand, the core customer base of the brand's original post-60s-80s brand is losing. On the other hand, emerging customer groups such as the post-90s generation lack a cognitive foundation for the Li-Ning brand, and their consumption habits change rapidly.</p><p>At that time, Zhang Paiban put forward the brand rejuvenation strategy of \"post-90s Li Ning\", and started a series of actions to change the label and raise the price. The price segment of the main product was mentioned above 400 yuan.</p><p>It's a pity<b>, the start of rebranding was not smooth.</b></p><p>The price of new commodities has become more expensive, which makes it difficult for Li Ning's main consumer groups in second-, third-and fourth-tier cities to accept. The number of orders and orders has dropped by 17% year-on-year. Li Ning has stuck itself between international high-end brands and popular brands in the market.</p><p>In 2011, the company's profit plummeted by 65%, but the amount of product inventory increased by 200 million yuan, a 41% month-on-month increase, and the inventory turnover days changed from 52 days to 73 days.</p><p>In 2012, Zhang Zhiyong, who had led the operation of Li Ning Company for 11 years, lost the trust of the founder and the board of directors and declared his exit. TPG Jin Zhenjun took over.</p><p>During the period when Jin Zhenjun took office, Li-Ning Company successively launched the \"Li-Ning XJessica\" youth idol route and the \"Li-Ning Spring Label\" cost-effective sports life route based on the strategy of brand rejuvenation.</p><p>Overall, the period<b>, Li-Ning Company has made a useful exploration of the new business model of sports fashion, but the style image is relatively diverse and scattered, the product differentiation is insufficient, the brand recognition is not prominent enough, and the positioning of brand rejuvenation still lacks important support.</b></p><p><b>It was not until the layout of the national trend and trying to integrate traditional cultural elements into the existing product line that Li Ning ushered in a real turning point.</b></p><p>In 2017, Li-Ning Company released the original color matching products of Chinese style landscape painting, Qingying White Series and Counterflow Series, which are all-red-shaped \"Rouge Nian\" limited edition, using traditional landscape and ancient costume color matching.</p><p>In 2018, the Chinese Li-Ning series landed in New York Fashion Week, which was a great success. This series incorporates traditional cultural representative elements such as \"Silk Road\", \"Dunhuang Murals\", \"Landscape Flowers and Birds\" and other innovative designs, which triggered a rush to buy. Li Ning also took this opportunity to reshape the traditional mass sports brand image and realize the brand innovation model of \"national style retro X sports fashion\".</p><p><img src=\"https://static.tigerbbs.com/a9e4a46b078411806d06806fb09171a9\" tg-width=\"1080\" tg-height=\"542\" referrerpolicy=\"no-referrer\"></p><p>(In 2018, China Li-Ning series landed in New York Fashion Week)</p><p><b>China Li-Ning and main brands work together</b></p><p>On the one hand, Li-Ning has completed the redefinition of Li-Ning's classic styles in the form of fashion shows at the central traffic nodes of the fashion industry with the help of mid-to high-standard central fashion catwalk models such as New York Fashion Week.</p><p>On the other hand, Li Ning has joint cooperation with MAC, Dunhuang Museum, and popular animation IPs. The types of joint brands focus on traditional cultural IPs and animation IPs to meet the needs of younger target customers.</p><p><a href=\"https://laohu8.com/S/601162\">Tianfeng Securities</a>Analysts Sun Haiyang and Fan Zhangxiang believe that,<b>The Li-Ning brand is based on China Li-Ning<a href=\"https://laohu8.com/S/HUBG\">hub</a>To realize the combing, series connection and expansion of the 2017 brand innovation national fashion series, and form a national fashion design style with shoes and clothing integrated, which has existing advantages in the field of national fashion trend, and some competing products in the same industry are difficult to copy in the short term.</b></p><p>China Li-Ning's channel layout is still in the stage of rapid expansion. As of the end of 2019, the number of this series of fashion flagship stores was 120. Tianfeng Securities estimates that the number of stores in China's Li-Ning series will increase by 71 stores in 2020, and the net increase in stores is expected to reach 109 and 110 from 2021 to 2022 respectively, which will be close to the upper limit of 500-650 stores in 2025. The turnover scale of the series is expected to exceed 5 billion yuan.</p><p><img src=\"https://static.tigerbbs.com/a3d7e91f62ae62add07afbda73525df0\" tg-width=\"1249\" tg-height=\"494\" referrerpolicy=\"no-referrer\"></p><p>China's Li-Ning series is mainly based on young customers of Generation Z (18-25 years old), and the pricing level is in the range of 800-1,200 yuan, which is 3-4 times the price range of Li-Ning's bulk goods of 160-320 yuan.</p><p><b>Objectively speaking, China Li Ning's series audience has a single age group, and its price also determines that the customer base is not as large as that of large goods. However, Tianfeng Securities believes that China Li Ning will work together with the main brand and is expected to continue to provide performance increment.</b></p><p>At the same time, benefiting from the accumulated effect of China's Li-Ning Guochao concept on the improvement of the brand power of Li-Ning's large cargo owners, the overall price range of the Li-Ning brand is expected to increase steadily. At the same time, during the 2020H1 period, the company will promote the replacement and upgrading of inefficient stores, and at the same time expand the number of new large stores in shopping malls. The store efficiency of the Li-Ning brand is expected to maintain steady improvement in the future.</p><p>Tianfeng Securities predicts that the average annual net increase of Li-Ning large-scale stores from 2021 to 2023 will remain within the range of 240-300; Li-Ning Young's average annual net increase in stores from 2021 to 2023 is expected to be between 100-200.</p><p>2023-2028 is a period of rapid growth for Li Ning Company. The CAGR of net profit attributable to the parent company remains at 20%. 2029-2033 is a period of stable growth. The company's overall CAGR of net profit attributable to the parent company remains at 15%. After 2034, it will be a perpetual period. The growth rate of net profit attributable to the parent company and FCFF is constant at 3%.</p><p><img src=\"https://static.tigerbbs.com/c582a52865722ffb0145e2adef50e72b\" tg-width=\"1247\" tg-height=\"629\" referrerpolicy=\"no-referrer\"></p><p>The national trend has brought new momentum to Li Ning, but it has also become a speculation point for some speculators. CCTV News commented today that shoes are for wearing, not for speculation. Shoe speculators have raised the price of domestic sneakers to a deformity through abnormal means, breaking away from the real price of domestic sneakers, which will eventually hurt the whole domestic shoe industry.</p><p>Looking back at Li Ning's ten-year transformation history, we can find that the transformation of domestic products is driven by internal innovation. Don't let hype stifle the healthy growth of the brand and industry.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3626192\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/36c94c5afd401e5546b2679333bd30b1","relate_stocks":{"02331":"李宁"},"source_url":"https://wallstreetcn.com/articles/3626192","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1115666346","content_text":"在消费升级的热潮中，中国品牌们正在改头换面，摆脱“大众运动品牌”的形象，向“运动时尚潮流”的高端站位发起冲击。\n\n炒鞋致富的新闻不稀奇，只不过这回，被炒到数万元的品牌是曾经的“大街货”李宁。\n在炒鞋党的“大本营”得物APP上，李宁韦德之道4全明星银白款，售价高达48889元，较1499元的参考发售价暴涨31倍。\n在安踏品牌中，以哆啦A梦联名休闲板鞋白黑款为例，42.5码售价为4599元，发售参考价仅为499元，涨了8倍多，最近购买记录有近9000条。\n李宁、安踏身价扶摇直上，吃瓜群众此时才惊觉，曾经亲民的国货如今都高攀不起了，“以前是没钱才买李宁，现在是没钱买李宁。”\n事实上，高定价、设计前卫的新国货近两年正在持续爆发。早在2018年，中国李宁就靠着踏上纽约时装周刷了波屏。中国李宁的多款限量球鞋之前已涨价数倍，新疆棉事件后的跟风炒作只是放大了涨幅。\n在这背后，性价比运动生活市场新旧品牌众多，处于激烈竞争红海格局。同时，国内年轻客群消费水平的提升，从单一看重商品性价比，升级到追求产品的社交属性、美感风格、文化内涵等不同层级。\n在这波消费升级的热潮中，中国品牌们正在改头换面，摆脱“大众运动品牌”的形象，向“运动时尚潮流”的高端站位发起冲击。\n十年转型，中国李宁横空出世\n早在2010年，张志勇就意识到李宁的品牌危机来了。\n一方面，品牌原有的60-80后品牌核心客群的在流失。另一方面，90后等新兴客群对于李宁品牌缺乏认知基础，且消费习惯转换较快。\n当年，张拍板提出“90后李宁”品牌年轻化战略，开启换标、提价一系列动作，主力产品价格段提到400元以上。\n只可惜，重塑品牌的开端并不顺利。\n新商品价格变贵，让李宁公司在二线、三线、四线城市的主要消费群难以接受，订单和订货数量同比下滑17%，李宁公司将自己卡在了国际高端品牌和市场大众品牌之间。\n2011年该公司利润骤跌65%，产品库存金额却增加了2亿元、环比大涨41%，库存周转天数从52天变为73天。\n2012年，领导李宁公司运营11年之久的张志勇失去创始人和董事会的信任，宣告出局，TPG金珍君接棒。\n金珍君入主时期，李宁公司在品牌年轻化的策略之上，整体先后推出“李宁XJessica”青春偶像路线、“李宁弹簧标”性价比运动生活路线。\n整体而言，该时期，李宁公司对运动时尚新业务模式进行了有益探索，但风格形象较为多元分散、产品差异化不足、品牌辨识度不够突出，品牌年轻化的定位仍旧缺乏重要支撑。\n直到布局国风潮流，尝试将传统文化元素融入现有产品线当中，李宁才迎来真正的转折点。\n2017年，李宁公司发售中国风山水画配色原创产品青萦白溯系列、Counterflow溯系列全红造型“胭脂念”限量款利用传统山水、古装配色。\n2018年，中国李宁系列登陆纽约时装周，大获成功。该系列融入了“丝绸之路”、“敦煌壁画”、“山水花鸟”等传统文化代表元素进行创新设计，引发抢购热潮，李宁也借此完成传统大众运动品牌形象重塑，实现“国风复古X运动时尚”品牌创新模式。\n\n（2018年，中国李宁系列登陆纽约时装周）\n中国李宁与主品牌协同发力\n一方面，李宁借助纽约时装周等中高规格中心时装走秀模式，以时装界中心流量节点时装秀的形式，完成了对李宁经典款式的重新定义。\n另一方面，李宁与MAC、敦煌博物馆、热门动漫IP进行联名合作，联名类型集中在传统文化IP、动漫IP来契合更为年轻的目标客群需求。\n天风证券分析师孙海洋、范张翔认为，李宁品牌是以中国李宁为枢纽，实现对2017年品牌创新国风潮流系列梳理串联与拓展，形成鞋服一体配搭的国潮设计风格，在国风时尚潮流领域具有现有优势，部分同行竞品短期内难以复制。\n中国李宁渠道铺设目前尚处于高速拓展阶段，截至2019年底该系列时尚旗舰店数量为120家。天风证券估算，中国李宁系列2020年门店数量净增71家门店，2021~2022年预计门店净增数量分别达到109、110家，将在2025年接近门店数量的上限500-650家，届时该系列流水规模有望突破50亿元。\n\n中国李宁系列以Z世代年轻客群为主（18-25岁），定价水平在800-1200元的区间，是李宁大货售价区间160-320元的3-4倍。\n客观来看，中国李宁系列受众年龄层单一，其价格也决定了客群规模不及大货，但天风证券认为，中国李宁将与主品牌协同发力，有望持续提供业绩增量。\n同时，受益于中国李宁国潮概念对李宁大货主品牌力提升积累作用，李宁品牌整体售价区间有望稳步提升，同时2020H1期间，公司推动低效门店汰换升级，同时拓展购物中心新型大店数量，李宁品牌未来门店店效有望保持稳步提升。\n天风证券预计，李宁大货2021-2023年年均门店净增数量保持在240-300家区间内；李宁Young业务2021-2023年均门店净增数量预计在100-200家之间。\n2023-2028为李宁公司的快速增长期，归母净利润CAGR保持在20%，2029-2033年为稳定增长期，公司整体归母净利润CAGR保持在15%，2034年以后为永续期，归母净利润及FCFF增速恒定为3%。\n\n国潮为李宁带来新动能，但也成了一些投机客的炒作点。央视新闻今日评论称，鞋是用来穿的，而不应是用来炒的，炒鞋客通过非正常手段把国产球鞋的价格升到畸形地步，脱离了国产球鞋的真实价位，最终将伤害整个国产鞋行业。\n回顾李宁十年转型史，我们可以发现，国货的蜕变靠的是内在创新驱动，别让炒作扼杀了品牌、行业的良性增长。","news_type":1,"symbols_score_info":{"02331":0.9}},"isVote":1,"tweetType":1,"viewCount":991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340793123,"gmtCreate":1617471252862,"gmtModify":1704699896258,"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/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>?","listText":"<a href=\"https://laohu8.com/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>?","text":"$ARK Fintech Innovation ETF(ARKF)$?","images":[{"img":"https://static.tigerbbs.com/50f17431145ed1dcd080e984624fd26a","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340793123","isVote":1,"tweetType":1,"viewCount":964,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"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,"idStr":"3578030955737208","authorIdStr":"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":2842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":181378495,"gmtCreate":1623376230717,"gmtModify":1704201995296,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578030955737208","authorIdStr":"3578030955737208"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/8VI.AU\">$8VIC(8VI.AU)$</a>?","listText":"<a href=\"https://laohu8.com/S/8VI.AU\">$8VIC(8VI.AU)$</a>?","text":"$8VIC(8VI.AU)$?","images":[{"img":"https://static.tigerbbs.com/2cf8d9ad652aa1e3a66c84c65a997c9a","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181378495","isVote":1,"tweetType":1,"viewCount":1410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9931625325,"gmtCreate":1662453705567,"gmtModify":1676537063418,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578030955737208","authorIdStr":"3578030955737208"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/8VI.AU\">$8VI Holdings Ltd(8VI.AU)$</a>🤣","listText":"<a href=\"https://ttm.financial/S/8VI.AU\">$8VI Holdings Ltd(8VI.AU)$</a>🤣","text":"$8VI Holdings Ltd(8VI.AU)$🤣","images":[{"img":"https://community-static.tradeup.com/news/e13a51060c50a07aa1f116d96b0a564f","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9931625325","isVote":1,"tweetType":1,"viewCount":3242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"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,"idStr":"3578030955737208","authorIdStr":"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":"Interest 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 change of quotation method, the deposit interest rates of different maturities will rise and fall differently; Under 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. The self-regulatory mechanism sets different basis points caps for different types of banks. After the change of quotation method, the deposit interest rate of less than one year has increased, the one-year interest rate level has remained unchanged, and most deposit products with a maturity 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 localities to soft restrict the floating range of interest rates 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 method 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 interest rates 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 vary. For most banks, interest rates on deposits over 1 year will fall, while those under 1 year will rise.</b></p><p><b>4. Theoretically, 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 is not simply 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 market-oriented track;</p><p>2) Even if the deposit interest rate changes, the transmission of the deposit interest rate to asset-side costs 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 debt costs of banks, the willingness of banks to maturity mismatch will inevitably decrease, which will lead to the fact that the capital cost of the whole society may not necessarily decrease.</p><p><b>5. In the current environment, the probability of monetary policy easing is very low:</b></p><p>1) The current position of monetary policy has been significantly looser than the reasonable position given by economic fundamentals, at least it does not reflect the current rapidly upward inflation level. If inflation continues to exceed expectations in the second half of the year, monetary policy may not be loose in the second half of the year. Loosen and tighten.</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 policy tools such as MLF, reverse repurchase, and LPR were each lowered by as much as 30bp. However, after the subsequent environment recovers, these policy interest rates remain within ultra-low levels, which makes it unnecessary to continue to use price policy easing.</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 long-term or short-term interest rate bonds may not decrease significantly. If the bond market remains unchanged, the impact of this policy on other assets should also 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>Interest 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\">\nInterest rate 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 change of quotation method, the deposit interest rates of different maturities will rise and fall differently; Under 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. The self-regulatory mechanism sets different basis points caps for different types of banks. After the change of quotation method, the deposit interest rate of less than one year has increased, the one-year interest rate level has remained unchanged, and most deposit products with a maturity 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 localities to soft restrict the floating range of interest rates 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 method 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 interest rates 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 vary. For most banks, interest rates on deposits over 1 year will fall, while those under 1 year will rise.</b></p><p><b>4. Theoretically, 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 is not simply 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 market-oriented track;</p><p>2) Even if the deposit interest rate changes, the transmission of the deposit interest rate to asset-side costs 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 debt costs of banks, the willingness of banks to maturity mismatch will inevitably decrease, which will lead to the fact that the capital cost of the whole society may not necessarily decrease.</p><p><b>5. In the current environment, the probability of monetary policy easing is very low:</b></p><p>1) The current position of monetary policy has been significantly looser than the reasonable position given by economic fundamentals, at least it does not reflect the current rapidly upward inflation level. If inflation continues to exceed expectations in the second half of the year, monetary policy may not be loose in the second half of the year. Loosen and tighten.</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 policy tools such as MLF, reverse repurchase, and LPR were each lowered by as much as 30bp. However, after the subsequent environment recovers, these policy interest rates remain within ultra-low levels, which makes it unnecessary to continue to use price policy easing.</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 long-term or short-term interest rate bonds may not decrease significantly. If the bond market remains unchanged, the impact of this policy on other assets should also 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":3261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375094944,"gmtCreate":1619253625188,"gmtModify":1704721881122,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578030955737208","authorIdStr":"3578030955737208"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>?","listText":"<a href=\"https://laohu8.com/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>?","text":"$ARK Fintech Innovation ETF(ARKF)$?","images":[{"img":"https://static.tigerbbs.com/e6521701b9787361c921cfd564d9dcea","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375094944","isVote":1,"tweetType":1,"viewCount":973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370864710,"gmtCreate":1618573905430,"gmtModify":1704712923465,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578030955737208","authorIdStr":"3578030955737208"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a> ??","listText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a> ??","text":"$Skillz Inc(SKLZ)$ ??","images":[{"img":"https://static.tigerbbs.com/7a2b0338a08208c0c2dd37105f6ade43","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370864710","isVote":1,"tweetType":1,"viewCount":1127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"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,"idStr":"3578030955737208","authorIdStr":"3578030955737208"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SKLZ\">$Skillz Inc(SKLZ)$</a>hopeless&nbsp;","listText":"<a href=\"https://ttm.financial/S/SKLZ\">$Skillz Inc(SKLZ)$</a>hopeless&nbsp;","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":2248,"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,"idStr":"3578030955737208","authorIdStr":"3578030955737208"},"themes":[],"htmlText":"Good news&nbsp;","listText":"Good news&nbsp;","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":"us","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&#39;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&#39;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&#39;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&#39;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 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: 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&#39;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&#39;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&#39;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&#39;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":{"00941":"中国移动","KIM":"金科","AER":"Aercap飞机租赁","GRAB":"Grab Holdings","BK4112":"金融交易所和数据","MSCI":"MSCI Inc"},"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 $30 billion deal and U.S. Real Estate Investment Trust Kimco Realty Corp.The results of MSCI's next index review will be announced on May 12.","news_type":1,"symbols_score_info":{"AER":0,"GRAB":0,"MSCI":0,"KIM":0,"00941":0}},"isVote":1,"tweetType":1,"viewCount":2337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345962340003872,"gmtCreate":1725505804422,"gmtModify":1725505809434,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578030955737208","authorIdStr":"3578030955737208"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S58.SI\">$SATS LTD.(S58.SI)$&nbsp;</a> 😍","listText":"<a href=\"https://ttm.financial/S/S58.SI\">$SATS LTD.(S58.SI)$&nbsp;</a> 😍","text":"$SATS LTD.(S58.SI)$ 😍","images":[{"img":"https://community-static.tradeup.com/news/4cc1c2eb4f0eefc35b7aae99ab00d9fe","width":"762","height":"1481"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345962340003872","isVote":1,"tweetType":1,"viewCount":2600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9941938479,"gmtCreate":1679912635891,"gmtModify":1679912639598,"author":{"id":"3578030955737208","authorId":"3578030955737208","name":"Rachel_Tan","avatar":"https://static.tigerbbs.com/c56c225e31e3aa927ebb40f9b3f0b192","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578030955737208","authorIdStr":"3578030955737208"},"themes":[],"htmlText":"😆haha！ any rewards?","listText":"😆haha！ any rewards?","text":"😆haha！ any rewards?","images":[{"img":"https://community-static.tradeup.com/news/b541701f73a57ba3b020d5a248cdae3f","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941938479","isVote":1,"tweetType":1,"viewCount":2687,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}