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2021-06-15

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Ten-year-old Kuaishou, the mirror image of the world

2021-06-15

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2021-06-15

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New U.S. stock group stocks have appeared! The stock soared more than 30% at one point

2021-06-15

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Beware of the risk of US dollar rebound, the RMB exchange rate is easy to depreciate but difficult to rise in the second half of the

2021-06-15

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2021-06-15

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The United States launched a new round of financial sanctions, and Russia fought back strongly: sell dollars!

2021-06-15

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Opening: Hang Seng Index opened 0.36% higher, blockchain concept stocks surged

2021-06-15

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The legendary "Yang Wanwan" passed away, and the enterprising spirit of retail investors continued

2021-06-15

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Angel of the Times has a winning rate of 1.5% in one lot, and 750 lots are subscribed to secure one lot

2021-06-12

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Tiger Securities helped BOSS Zhipin land on Nasdaq, opening up 75% on the first day

2021-06-12

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Pre-market: WSB concept stocks are "restless" again! A biopharmaceutical stock rose 27%

2021-06-12

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Opening: The three major indexes opened higher, Precigen rose more than 20%

2021-06-12

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2021-06-12

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[Change] The steel sector rose at the beginning of the session, and U.S. steel rose more than 3%

2021-06-12

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How dangerous is Bezos'trip to space?

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At that time, the two groups he often visited were \"IT Recruitment King\" and \"Graphic Designer\". The company was founded and the product started. This young man has an almost intuitive yearning for community and design.</p><p>2011 was a turbulent year:<b><a href=\"https://laohu8.com/S/ZH\">Zhihu</a>It has just been established, and Meituan has only been online for a year. Station B has just changed its name to bilibili from its predecessor \"Mikufans\". With the vigorous development of mobile Internet, coffee shops in Haidian District are as lively as vegetable markets, and countless people are involved in them.</b></p><p>Shortly after Cheng Yixiao's recruitment information was sent out, a UI designer joined GIF Kuaishou and became one of the earliest four employees. They live in a residential house in Aobei Community, Lishuiqiao, Haidian District, silently polishing this product.</p><p><img src=\"https://static.tigerbbs.com/6ce1483e15c5a30766ef7457ab4b0d79\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"></p><p>Ten years ago, the desk at the Aobei Center</p><p>Yang Yuanxi, co-founder of Kuaishou, recalled that work and life were inseparable at that time, and four people worked shifts at noon every day to order meals. \"At that time, there were only seven restaurants downstairs. Basically, the seven restaurants were arranged in different orders.\"</p><p>Maybe he couldn't stand such working and living conditions, or maybe he didn't have hope for the future of this small company. It didn't take long for the designer to leave GIF Kuaishou and passed by an era.</p><p>No one could have predicted that many years later, this company would create the entire era of short videos, and after some ups and downs of development, it was listed on the Hong Kong Stock Exchange, with a market value of one trillion Hong Kong dollars at one time, becoming the fifth largest Internet company in China.</p><p>So far, the other three early employees are still leading Kuaishou forward:<b>Co-founders Cheng Yixiao, Yin Xin and Yang Yuanxi, together with Su Hua, who joined Kuaishou in 2013, form the background of Kuaishou's unique product.</b></p><p>Ten years have passed in a blink of an eye, and countless companies have been lost in the big waves of the mobile Internet. In the ten years of Kuaishou, the weather was smooth and imminent. Under the pressure of strong competition, it finally tenaciously reached 300 million daily active users.</p><p><img src=\"https://static.tigerbbs.com/c39c2e4a9ed3d8016c44153dfc68ec2c\" tg-width=\"1080\" tg-height=\"1439\" referrerpolicy=\"no-referrer\"></p><p>Kuaishou lands on the Hong Kong Stock Exchange</p><p>This is a legendary story of ups and downs, and it is also a story of the past ten years<a href=\"https://laohu8.com/S/CHL\">China Mobile</a>A typical sample of the evolution of Internet companies. Products, technology, operations, business, when a young company sets foot on a fertile soil ahead of time, and its accumulation does not match the huge opportunities it faces, how to survive, develop, persist, evolve, and make key and correct decisions, and then start a protracted war.</p><p><b>Wind and cloud meeting</b></p><p>Shanghai, 2013. This afternoon, Zhang Fei, a partner of Morningside Capital, decided to meet the young man looking for investment.<b>The other party graduated from Tsinghua University and worked in<a href=\"https://laohu8.com/S/GOOG\">Google</a>、<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Hold office. While having a rich resume, he is also a serial entrepreneur with a tough personality and full of energy.</b></p><p>This is the second meeting between Zhang Fei and him. This young man named Su Hua is preparing to give up his entrepreneurial project and start more new attempts.</p><p>According to Zhang Fei's recollection, Su Hua talked about more than 20 projects at that time. \"Many particularly interesting entrepreneurial ideas, but after passing them one by one, I found that most of them were immature, and I also gave direct feedback.\"</p><p><img src=\"https://static.tigerbbs.com/2dcc717dcbd72669b175a38910eeb96a\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"></p><p>Four co-founders cut the cake at the listing site</p><p>One is looking for future-oriented investment targets, and the other is looking for a new entrepreneurial direction. For most of the day, the two people discussed countless possibilities of entrepreneurship, and then overthrew them one by one. Suddenly, Zhang Fei's mind flashed with inspiration:</p><p>\"I have a very good product manager here. Why don't you work with him?\" Zhang Fei said.</p><p>This \"very good product manager\" is Cheng Yixiao. As an angel investor of GIF Kuaishou,<b>Zhang Fei is very optimistic about mobile video in the 4G era, and GIF Aauto Quicker, as a primitive video form, makes him see some possibility.</b></p><p>Since its launch in 2011, GIF Kuaishou has accumulated many users and began to try to transform from a tool to a short video community, but it did not go smoothly.</p><p>As a product manager, Cheng Yixiao faces a simple challenge:<b>When users produce content through GIF Aauto Quicker and are willing to upload their works to the community section, how can everyone's works be seen by more people?</b>This is the most basic and ultimate incentive for the enthusiasm of creators.</p><p>At first, they adopted the general recommendation method, that is, making new works or works within seven days into a list every day. The list ranking is based on the popularity weights such as comments, sharing and likes of the works, and all users see it. It's the same list.</p><p>The number of works that can be recommended on the list is extremely limited, and it is easy to turn the head. Only talented and good-looking creators have the opportunity to be popular.<b>And Cheng Yixiao especially hopes to see ordinary people's works on the list.</b></p><p>Co-founder Yang Yuanxi recalled that in order to let as many people's works be seen as possible, the first thing they did when they went to work every day was to adjust the recommendation formula. Take A from 0.7 to 0.8 today and B from 0.5 to 0.4 tomorrow. Over time, the formula becomes more and more complicated, but the efficiency and effect are always not good.</p><p>This is not a problem that can be solved by product managers alone. The prototype of this video community needs the blessing of advanced technology and a brand-new algorithm and recommendation method.</p><p>When Zhang Fei came up with the idea of bringing Su Hua and Cheng Yixiao together by accident in Shanghai, it happened.<b>One holds the most advanced technical tools, and the other has strong understanding and design ability of products and communities. The two men met.</b></p><p>The latter story has been widely circulated today.<b>In the summer of 2013, Su Hua and Cheng Yixiao met at Jinyu Hotel in Beijing, and the two people who were not good at words chatted until two or three in the morning.</b>The two are highly consistent in values,<b>Thinks that the community should give more exposure to people, so that the work of ordinary people can be seen.</b></p><p>These simple concepts were later summarized as Kuaishou's fair and inclusive values, and subtly became the underlying logic of products and algorithms.</p><p>After the team merger and equity adjustment, Cheng Yixiao was in charge of the product, and Su Hua became CEO. They quickly did two \"big things\", one was to move the company to Wudaokou Huaqing Jiayuan, and the other was that Su Hua wrote down the recommendation algorithm on GIF Kuaishou. first line of code.</p><p><img src=\"https://static.tigerbbs.com/7d9ec949686d4de05a208052defcf5de\" tg-width=\"840\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p><p>Kuaishou in Wudaokou Huaqing Jiayuan</p><p>The technical force is powerful. The recommendations brought by Suhua to Kuaishou are personalized recommendations, thousands of people and thousands of faces. Everyone sees a different Kuaishou, and each work will be given initial cold start traffic. This epoch-making experience is applied to short videos for the first time, and the burst of energy is visible to the naked eye.</p><p><b>In April 2014, \"GIF Kuaishou\" was renamed Kuaishou, officially transforming into a short video community platform; On June 6, Kuaishou DAU exceeded one million for the first time; In January 2015, Kuaishou DAU exceeded 10 million; DAU reached 40 million at the end of 2016; The DAU at the end of 2017 exceeded 110 million.</b>Prior to this, Kuaishou had hardly done any market launch. The growth of users benefited from the accuracy and efficiency of long-tail content distribution under the concept of inclusiveness, as well as the platform's attention to ordinary people's lives.</p><p>An early employee of Kuaishou recalled the interview with Cheng Yixiao like this: \"In the first 50 to 60%, I was talking about the state that he was listening. Later, he took out his mobile phone and showed me the list of his concerns. What kind of people he paid attention to, and then he talked to me about everyone, just like his family, what kind of people they were, and what Kuaishou had experienced.\"</p><p>No matter Su Hua or Cheng Yixiao, they have maintained this habit so far. As founders, they have gained belief incentives that far exceed commercial returns from positive feedback, changes in fate and \"thank you to the official\" user reviews.</p><p>The battle starts</p><p>At the end of 2017, Kuaishou, as an Internet application with over 100 million DAU, had only more than 1,000 employees. Pushing forward another year, the company only had 600 to 700 employees.</p><p>To some extent, this verifies a hypothesis of Su Hua,<b>How large user scale products can a small technical team control; Without the interference of commercialization and strong operation, how long does it take to precipitate from community to social interaction?</b></p><p>This is a low-key, calm, enjoying growth and user feedback. More and more ordinary people use Kuaishou to record their lives, which makes this product unique and full of idealism, but it is not perfect, controversial, and even crises, and entered an inflection point in 2018-2019.</p><p><b>\"We have to do it, we have to fight!\"</b>In June 2019, at the headquarters of Kuaishou Xierqi, an early employee still remembers the cry made by co-founder Cheng Yixiao at the mobilization meeting.</p><p>This is a meeting that changed the course of Kuaishou's history. He said that when he saw the two founders who were not good at words walking on the stage, clenching their fists and calling on all the staff to participate, everyone present was excited.</p><p>From the start of its business in 2011 to the end of 2017, the DAU exceeded 100 million. As a pioneer in the short video industry, Kuaishou has not fought battles. One product after another such as Meipai has challenged Kuaishou's status. Until 2018, they encountered an unprecedentedly powerful opponent, ByteDance's<a href=\"https://laohu8.com/S/DYIN\">Douyin</a>, with new product logic, content distribution logic, and business logic, it has achieved rapid transcendence.</p><p>Finally, this battle can't be fought. According to the \"Late\" report, after the Spring Festival in 2019, Kuaishou executives and the product team went to Chongqing to conduct a user survey, which was internally called the \"Chongqing Conference\". Su Hua and Cheng Yixiao were directly stimulated by users and realized<b>Non-aggressive growth = handing over users to others; Disunity = acquiescence in the decline of team combat effectiveness.</b></p><p>On June 18, Su Hua and Cheng Yixiao issued a letter to all employees, bluntly stating the challenges and hidden dangers faced by Kuaishou: \"We are no longer the fastest team. As we grow up, our muscles begin to become weak, the response slows down, and our perception of connection with users is weakening.\" Of course, the first thing to bear the brunt is the user scale. Kuaishou launched the K3 campaign and set an annual goal of 300 million daily active users before the Spring Festival.</p><p>User scale is actually just an appearance.<b>Product form, user experience, distribution logic, organizational combat capabilities, operating systems, commercialization systems, and infrastructure are the gaps that need to be bridged in front of this \"small company\".</b></p><p>If in the past, products + technology and Xiaomi + rifles won the guerrilla warfare, now Kuaishou is faced with the ace of the whole system, with amazing combat power, extremely fast speed, and bold spending of money. If the founder himself cannot iterate and lead The overall evolution of the company, users are likely to vote with their feet.</p><p>Such cases abound in the history of mobile Internet, whether it is group buying, bike-sharing, or mobile e-commerce,<b>There have been many startups that set foot on the wind one or two steps ahead of time, and were eventually crushed by latecomers. Apart from luck, the core lies in the wind. Founders and companies did not quickly complete the evolution from \"small companies\" to \"big companies\".</b></p><p>Su Hua and Cheng Yixiao should be grateful for their courage and determination to launch the battle at that time. Today, although it is no longer the NO.1 on the track, Kuaishou has not been defeated by competition, but has become stronger in repeated contests with itself, opponents, and the market.</p><p>\"No powerful company has never been killed by others in the competition.\" Ma Hongbin, senior vice president of Kuaishou, said that the more competitive it is with friends, the more it grows.</p><p>Relying on the synchronous adjustment of products, algorithms, and operations, the high-speed operation of the organization, the cooperation of CCTV Spring Festival Gala, and the rise of the Extreme Edition, Kuaishou has achieved the K3 goal.</p><p>On May 24 this year, Kuaishou, which went public, released its first quarter results for 2021. The data shows,<b>The average daily active users of Kuaishou China's applications and mini programs reached 379.2 million, and the average daily usage time of daily active users was 99.3 minutes.</b></p><p>\"The opponent doesn't seem to beat us like much. No matter how we compete, we have also risen to 300 million.\" A person in charge of Kuaishou said that many people held back their strength before K3, and this battle has become an outlet to relieve anxiety. Let Kuaishou's situation finally bottom out.</p><p><b>Seek common ground while reserving differences</b></p><p>K3 has become a turning point for Kuaishou from Buddhism to wolf. Since then, the team has continued to expand, and the pace has become faster and faster. Every few months, Su Hua and the management team have to fight a big battle.</p><p>There is no turning back when opening the bow. Products need to change, algorithms need to change, operations need to change, business models need to change. A team of more than 10,000 people is seeking change and victory. All these changes will ultimately make Kuaishou Kuaishou, or will it become an opponent?</p><p>On the road of comprehensive evolution, what can and cannot be changed requires Kuaishou founders and executives to delineate a scope and repeatedly revise it during business growth.</p><p>In 2020 after K3, the direction, boundaries and logic of Kuaishou's evolution will gradually become clear:<b>Do operations light or heavy; Is the product double or single column? Do you pay attention to private domain or public domain?</b>These questions that once caused internal debate and confusion have been answered.</p><p>Before 2019, Kuaishou did not have a positive operating system. Based on the concept of not disturbing users, the so-called operating department mainly operated in a negative direction. How to determine and deal with creators who violated regulations, and how to deal with accounts who violated community rules.</p><p>After the launch of K3, Ma Hongbin, senior vice president of Kuaishou, took over and built the prototype of the operating system. The core problem to be solved,<b>The first is the introduction of high-quality creators, and the second is the distribution of high-quality content and the growth of creators. By operating creators and high-quality content, community activity, retention and new additions are enhanced.</b></p><p>For Kuaishou, operation drive is a new attempt. Kuaishou encourages ordinary people to record their lives, display them in two columns and give fair traffic, but the quality of the content is uneven, which seriously affects the perception and tonality of Kuaishou, thereby hurting the acceptance of users in first-and second-tier cities.</p><p>While focusing on managing the community atmosphere, it improves the quality of content by introducing high-quality creators and providing operation and traffic support. This has caused major changes in Kuaishou's content ecology from 2018 to 2019 and has become the basis for attracting incremental users.</p><p><img src=\"https://static.tigerbbs.com/6018cf1eb61869e628ebcc17fe3cdd61\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"></p><p>In 2018, the team building site of Kuaishou Platform R&D Department was transformed into a work site</p><p>It is understood that in the process of introducing talents and building a new operating system, the founder gave an underlying logic. No matter how the content changes, Kuaishou is still most concerned about and concerned about people. Liu Xiao, general manager of Kuaishou Content Operation Center, still remembers that during the interview, Su Hua spent nearly two hours telling her the story of \"Brother Grape\".</p><p>\"Interviews with other companies should not spend an hour and a half telling the story of a certain user, let alone the founder.\" She found that this company really cares about every creator.</p><p>“<b>The operating logic of Kuaishou and its friends is very different. We care more about people. At the moment, the other party still cares very much about the content and how good the content looks. This is a big underlying difference, which will lead to your distribution logic being completely different. \"</b>Liu Xiao said that in the past, Kuaishou's operation was biased towards management, which would tell you what you couldn't do, but now the creator service team has become a service provider.</p><p>At the beginning of 2020, after Liu Xiao joined Kuaishou, the operation began to enter the stage of refinement. In her view, the content ecosystem of Kuaishou is already very large, and any single vertical category can become a large-scale interest community. In such an environment, it is a very grand task to maintain the relationship between local and ecological, keep the ecological health and make the creator's experience better.</p><p>At the same time, Kuaishou's core management finally solved two thorny problems,<b>One is the choice of single-column and double-column, and the other is the balance between private domain and public domain.</b></p><p>Single-column and double-column have plagued Kuaishou for a long time. In the end, the two forms were integrated on Kuaishou version 8.0. The main station retains the double-column community form, and at the same time opens up the entrance of single-column consumption experience; Kuaishou Express Edition fully assumes the important task of going up and down scenarios, capturing users, and its DAU continues to grow after exceeding 100 million.</p><p>On the other hand, at the Kuaishou Photosynthetic Creators Conference held in Guangzhou in April this year, Wang Jianwei, senior vice president of Kuaishou and head of the main site product department, clarified for the first time the principle of Kuaishou focusing on the private domain and expanding the public domain.</p><p>\"In terms of management complexity, it is definitely much easier to manage the public domain. Whoever does it can't be pulled down. But the private domain is equivalent to the creator having a little industry of his own there. It is particularly difficult to manage it or ignore it and in what way.\" Cheng Yixiao said,<b>Doing a good job and managing the private domain, allowing more producers to \"bloom\", can give the society more temperature and trust.</b></p><p>The integration of single and double columns, the combination of public and private domains, and the creation of an online community full of temperature and trust have reached a high degree of consensus within Kuaishou. \"The combination of public and private domains must be more difficult than just the public domain, and it is much more difficult, but this difficulty is precisely Kuaishou's biggest advantage. Once established, it is a huge threshold.\" A Kuaishou executive said that this is the differentiation and characteristic path between Kuaishou and other platforms.</p><p><b>Positive ecological cycle</b></p><p>In March 2021, Kuaishou released its first financial report after listing. In 2020, Kuaishou achieved revenue of 58.8 billion yuan, of which online marketing revenue was 21.9 billion yuan, accounting for 37.2%. In the fourth quarter, Kuaishou's online marketing revenue in a single quarter was 8.5 billion, surpassing live broadcast rewards to become Kuaishou's largest source of revenue.</p><p>In the subsequent Q1 financial report, Kuaishou's revenue structure continued this change, with online revenue accounting for more than 50%, followed by live broadcast and e-commerce.<b>Ten years after its establishment, Kuaishou has finally changed its income structure with single live broadcast revenue as the core, and online marketing and emerging business revenue have become two wings.</b></p><p><img src=\"https://static.tigerbbs.com/fb96d21633fc5737cf83ae2a90b2303b\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"></p><p>As we all know, Kuaishou's commercialization system was established relatively late. For a long time, Su Hua and Cheng Yixiao were very vigilant and rejected to the fact that commercial factors hurt user experience.</p><p>Before 2018, although Kuaishou had more than 100 million daily active users, it only developed live broadcast as the only way to monetize. The view of the two founders is,<b>Live broadcast is a user product, which does not hurt the user experience. When the live broadcast happens, the rewarding person is happy, the rewarding person is happy, and the rewarding person is also happy.</b></p><p>However, information flow advertising is different, which is likely to hurt the user experience, thus causing the loss of daily activity. Therefore, any core member of Kuaishou's commercialization can feel the difficulty of opening this door.</p><p>\"In the past, every time I sent income changes to the two founders, they all responded flat. Every time I said that I had done another experiment to optimize the user experience today, the reply was always very fast, and you could see what they felt deep in their hearts. Things are the most important thing.\" A person in charge of Kuaishou commercialization has a deep understanding of this.</p><p>Another person who has a deep understanding is Cao Shibo, general manager of Kuaishou Technology Business Revenue Management Center. Cao Shibo, who has a background in business analysis, joined Kuaishou in early 2018 and worked in many departments, all involving commercialization.</p><p>\"Before officially launching the commercial business, we spent a lot of time doing basic work, including algorithms, user experience systems, review systems, etc. The core of a lot of strategic thinking and preparation is that you can make money, but you can't hurt the user experience.\" Cao Shibo said.</p><p>Later, Kuaishou built a relatively complete indicator system. By introducing economic models, it measured how much money it would earn and how much DAU it would lose if this traffic was advertised and realized. Through systematic indicators and monitoring, the user experience was ensured.</p><p>\"Until today, we have very strict internal controls and mechanisms for the frequency of users watching advertisements, and strictly control the quality of advertising content.\" Cao Shibo said,<b>They invested hundreds of people to spend several months tagging users to ensure the accuracy of algorithm recommendation and crowd targeting.</b></p><p>When these basic tasks were completed, Kuaishou's commercialization system was launched, and the magnetic engine was launched, Kuaishou's online marketing revenue skyrocketed. In 2019, Kuaishou's online marketing revenue was 7.4 billion, 7.2 billion in the first half of 2020, and 21.9 billion for the whole year, with a growth rate of more than 200%.</p><p>Cao Shibo said that the commercialization of Kuaishou in 2021 will greatly expand the growth space of Kuaishou's online marketing revenue regardless of the number of brand advertisers, affiliate advertisements and the development of more advertising forms.</p><p>Similar to Kuaishou's experience of commercialization, Luo Qiong, vice president of Kuaishou e-commerce and head of platform experience, was also \"very uncomfortable\" when he first joined Kuaishou.</p><p>Luo Qiong has worked on traditional e-commerce platforms for 15 years, but the industry's very mature promotion and traffic sales logic often hits the wall of \"community ecology\" in Kuaishou.</p><p>For her, the task is not to create how much GMV, but to build trust among merchants, anchors and consumers, enhance community value, and make the cake bigger.</p><p><b>\"Traditional e-commerce relies heavily on goods, but Kuaishou actually relies heavily on people. For traditional e-commerce practitioners, this difference has a very strong shift in the focus, and you will find that from the community to people, and then to transaction conversion, this is A slow reflection, unlike efficient e-commerce, the short-term benefits are very beautiful.\"</b>Luo Qiong said that Kuaishou hopes to establish a brand-new form of e-commerce, which is based on the connection and trust between people.</p><p>This new type of trust relationship based on short videos and live broadcasts takes time to settle, but there is enough room for imagination. In 2020, the GMV of Kuaishou e-commerce reached 381.2 billion, an increase of 4,000 times in two years, and the average repurchase rate of users was as high as 65%.</p><p>In 2021, Kuaishou further proposed the concept of trust e-commerce, and built the mind and cognition of Kuaishou e-commerce with extreme trust, hoping to reconstruct the decision-making of one billion consumers in a new way. In fact, the rise of Kuaishou e-commerce is already changing the pattern of the traditional e-commerce industry.</p><p><img src=\"https://static.tigerbbs.com/210d2ee9a518657bfd7f5b6471c11fb2\" tg-width=\"1080\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p>More importantly,<b>Kuaishou's business ecosystem based on live broadcast, advertising, and e-commerce is feeding back tens of millions of content creators, allowing them to live better in this community. The business ecosystem and the content ecosystem are forming a positive cycle of mutual promotion.</b></p><p>This positive cycle is particularly important to support Kuaishou's vision. In the past ten years, Kuaishou has actually been a unique social experiment in the Internet field, focusing on ordinary people and benefiting equally and universally. This kind of experiment went smoothly at first, but later it encountered challenges. The two-wheel drive of the content ecosystem and the business ecosystem can make this chariot move forward more smoothly. Whether Kuaishou can be further successful can also verify that the Internet is important to human beings. What kind of tool is it-to rule people or to make people more equal.</p><p><b>From equality and inclusiveness to warmth and trust, the story of a decade is beginning.</b></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>Ten-year-old Kuaishou, the mirror image of the world</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\">\nTen-year-old Kuaishou, the mirror image of the world\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/101\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/98669fe7974e42f3976b3db47528792d);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">虎嗅APP </p>\n<p class=\"h-time smaller\">2021-06-15 17:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>At the end of 2011, the small<a href=\"https://laohu8.com/S/V03.SI\">Startups</a>GIF Kuaishou, founder Cheng Yixiao in<a href=\"https://laohu8.com/S/WB\">Weibo</a>, Douban and other platforms released a recruitment information: We sincerely seek a UI designer to be an entrepreneurial partner, providing competitive salary and generous equity.</p><p>Cheng Yixiao is a deep user of Douban. At that time, the two groups he often visited were \"IT Recruitment King\" and \"Graphic Designer\". The company was founded and the product started. This young man has an almost intuitive yearning for community and design.</p><p>2011 was a turbulent year:<b><a href=\"https://laohu8.com/S/ZH\">Zhihu</a>It has just been established, and Meituan has only been online for a year. Station B has just changed its name to bilibili from its predecessor \"Mikufans\". With the vigorous development of mobile Internet, coffee shops in Haidian District are as lively as vegetable markets, and countless people are involved in them.</b></p><p>Shortly after Cheng Yixiao's recruitment information was sent out, a UI designer joined GIF Kuaishou and became one of the earliest four employees. They live in a residential house in Aobei Community, Lishuiqiao, Haidian District, silently polishing this product.</p><p><img src=\"https://static.tigerbbs.com/6ce1483e15c5a30766ef7457ab4b0d79\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"></p><p>Ten years ago, the desk at the Aobei Center</p><p>Yang Yuanxi, co-founder of Kuaishou, recalled that work and life were inseparable at that time, and four people worked shifts at noon every day to order meals. \"At that time, there were only seven restaurants downstairs. Basically, the seven restaurants were arranged in different orders.\"</p><p>Maybe he couldn't stand such working and living conditions, or maybe he didn't have hope for the future of this small company. It didn't take long for the designer to leave GIF Kuaishou and passed by an era.</p><p>No one could have predicted that many years later, this company would create the entire era of short videos, and after some ups and downs of development, it was listed on the Hong Kong Stock Exchange, with a market value of one trillion Hong Kong dollars at one time, becoming the fifth largest Internet company in China.</p><p>So far, the other three early employees are still leading Kuaishou forward:<b>Co-founders Cheng Yixiao, Yin Xin and Yang Yuanxi, together with Su Hua, who joined Kuaishou in 2013, form the background of Kuaishou's unique product.</b></p><p>Ten years have passed in a blink of an eye, and countless companies have been lost in the big waves of the mobile Internet. In the ten years of Kuaishou, the weather was smooth and imminent. Under the pressure of strong competition, it finally tenaciously reached 300 million daily active users.</p><p><img src=\"https://static.tigerbbs.com/c39c2e4a9ed3d8016c44153dfc68ec2c\" tg-width=\"1080\" tg-height=\"1439\" referrerpolicy=\"no-referrer\"></p><p>Kuaishou lands on the Hong Kong Stock Exchange</p><p>This is a legendary story of ups and downs, and it is also a story of the past ten years<a href=\"https://laohu8.com/S/CHL\">China Mobile</a>A typical sample of the evolution of Internet companies. Products, technology, operations, business, when a young company sets foot on a fertile soil ahead of time, and its accumulation does not match the huge opportunities it faces, how to survive, develop, persist, evolve, and make key and correct decisions, and then start a protracted war.</p><p><b>Wind and cloud meeting</b></p><p>Shanghai, 2013. This afternoon, Zhang Fei, a partner of Morningside Capital, decided to meet the young man looking for investment.<b>The other party graduated from Tsinghua University and worked in<a href=\"https://laohu8.com/S/GOOG\">Google</a>、<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Hold office. While having a rich resume, he is also a serial entrepreneur with a tough personality and full of energy.</b></p><p>This is the second meeting between Zhang Fei and him. This young man named Su Hua is preparing to give up his entrepreneurial project and start more new attempts.</p><p>According to Zhang Fei's recollection, Su Hua talked about more than 20 projects at that time. \"Many particularly interesting entrepreneurial ideas, but after passing them one by one, I found that most of them were immature, and I also gave direct feedback.\"</p><p><img src=\"https://static.tigerbbs.com/2dcc717dcbd72669b175a38910eeb96a\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"></p><p>Four co-founders cut the cake at the listing site</p><p>One is looking for future-oriented investment targets, and the other is looking for a new entrepreneurial direction. For most of the day, the two people discussed countless possibilities of entrepreneurship, and then overthrew them one by one. Suddenly, Zhang Fei's mind flashed with inspiration:</p><p>\"I have a very good product manager here. Why don't you work with him?\" Zhang Fei said.</p><p>This \"very good product manager\" is Cheng Yixiao. As an angel investor of GIF Kuaishou,<b>Zhang Fei is very optimistic about mobile video in the 4G era, and GIF Aauto Quicker, as a primitive video form, makes him see some possibility.</b></p><p>Since its launch in 2011, GIF Kuaishou has accumulated many users and began to try to transform from a tool to a short video community, but it did not go smoothly.</p><p>As a product manager, Cheng Yixiao faces a simple challenge:<b>When users produce content through GIF Aauto Quicker and are willing to upload their works to the community section, how can everyone's works be seen by more people?</b>This is the most basic and ultimate incentive for the enthusiasm of creators.</p><p>At first, they adopted the general recommendation method, that is, making new works or works within seven days into a list every day. The list ranking is based on the popularity weights such as comments, sharing and likes of the works, and all users see it. It's the same list.</p><p>The number of works that can be recommended on the list is extremely limited, and it is easy to turn the head. Only talented and good-looking creators have the opportunity to be popular.<b>And Cheng Yixiao especially hopes to see ordinary people's works on the list.</b></p><p>Co-founder Yang Yuanxi recalled that in order to let as many people's works be seen as possible, the first thing they did when they went to work every day was to adjust the recommendation formula. Take A from 0.7 to 0.8 today and B from 0.5 to 0.4 tomorrow. Over time, the formula becomes more and more complicated, but the efficiency and effect are always not good.</p><p>This is not a problem that can be solved by product managers alone. The prototype of this video community needs the blessing of advanced technology and a brand-new algorithm and recommendation method.</p><p>When Zhang Fei came up with the idea of bringing Su Hua and Cheng Yixiao together by accident in Shanghai, it happened.<b>One holds the most advanced technical tools, and the other has strong understanding and design ability of products and communities. The two men met.</b></p><p>The latter story has been widely circulated today.<b>In the summer of 2013, Su Hua and Cheng Yixiao met at Jinyu Hotel in Beijing, and the two people who were not good at words chatted until two or three in the morning.</b>The two are highly consistent in values,<b>Thinks that the community should give more exposure to people, so that the work of ordinary people can be seen.</b></p><p>These simple concepts were later summarized as Kuaishou's fair and inclusive values, and subtly became the underlying logic of products and algorithms.</p><p>After the team merger and equity adjustment, Cheng Yixiao was in charge of the product, and Su Hua became CEO. They quickly did two \"big things\", one was to move the company to Wudaokou Huaqing Jiayuan, and the other was that Su Hua wrote down the recommendation algorithm on GIF Kuaishou. first line of code.</p><p><img src=\"https://static.tigerbbs.com/7d9ec949686d4de05a208052defcf5de\" tg-width=\"840\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p><p>Kuaishou in Wudaokou Huaqing Jiayuan</p><p>The technical force is powerful. The recommendations brought by Suhua to Kuaishou are personalized recommendations, thousands of people and thousands of faces. Everyone sees a different Kuaishou, and each work will be given initial cold start traffic. This epoch-making experience is applied to short videos for the first time, and the burst of energy is visible to the naked eye.</p><p><b>In April 2014, \"GIF Kuaishou\" was renamed Kuaishou, officially transforming into a short video community platform; On June 6, Kuaishou DAU exceeded one million for the first time; In January 2015, Kuaishou DAU exceeded 10 million; DAU reached 40 million at the end of 2016; The DAU at the end of 2017 exceeded 110 million.</b>Prior to this, Kuaishou had hardly done any market launch. The growth of users benefited from the accuracy and efficiency of long-tail content distribution under the concept of inclusiveness, as well as the platform's attention to ordinary people's lives.</p><p>An early employee of Kuaishou recalled the interview with Cheng Yixiao like this: \"In the first 50 to 60%, I was talking about the state that he was listening. Later, he took out his mobile phone and showed me the list of his concerns. What kind of people he paid attention to, and then he talked to me about everyone, just like his family, what kind of people they were, and what Kuaishou had experienced.\"</p><p>No matter Su Hua or Cheng Yixiao, they have maintained this habit so far. As founders, they have gained belief incentives that far exceed commercial returns from positive feedback, changes in fate and \"thank you to the official\" user reviews.</p><p>The battle starts</p><p>At the end of 2017, Kuaishou, as an Internet application with over 100 million DAU, had only more than 1,000 employees. Pushing forward another year, the company only had 600 to 700 employees.</p><p>To some extent, this verifies a hypothesis of Su Hua,<b>How large user scale products can a small technical team control; Without the interference of commercialization and strong operation, how long does it take to precipitate from community to social interaction?</b></p><p>This is a low-key, calm, enjoying growth and user feedback. More and more ordinary people use Kuaishou to record their lives, which makes this product unique and full of idealism, but it is not perfect, controversial, and even crises, and entered an inflection point in 2018-2019.</p><p><b>\"We have to do it, we have to fight!\"</b>In June 2019, at the headquarters of Kuaishou Xierqi, an early employee still remembers the cry made by co-founder Cheng Yixiao at the mobilization meeting.</p><p>This is a meeting that changed the course of Kuaishou's history. He said that when he saw the two founders who were not good at words walking on the stage, clenching their fists and calling on all the staff to participate, everyone present was excited.</p><p>From the start of its business in 2011 to the end of 2017, the DAU exceeded 100 million. As a pioneer in the short video industry, Kuaishou has not fought battles. One product after another such as Meipai has challenged Kuaishou's status. Until 2018, they encountered an unprecedentedly powerful opponent, ByteDance's<a href=\"https://laohu8.com/S/DYIN\">Douyin</a>, with new product logic, content distribution logic, and business logic, it has achieved rapid transcendence.</p><p>Finally, this battle can't be fought. According to the \"Late\" report, after the Spring Festival in 2019, Kuaishou executives and the product team went to Chongqing to conduct a user survey, which was internally called the \"Chongqing Conference\". Su Hua and Cheng Yixiao were directly stimulated by users and realized<b>Non-aggressive growth = handing over users to others; Disunity = acquiescence in the decline of team combat effectiveness.</b></p><p>On June 18, Su Hua and Cheng Yixiao issued a letter to all employees, bluntly stating the challenges and hidden dangers faced by Kuaishou: \"We are no longer the fastest team. As we grow up, our muscles begin to become weak, the response slows down, and our perception of connection with users is weakening.\" Of course, the first thing to bear the brunt is the user scale. Kuaishou launched the K3 campaign and set an annual goal of 300 million daily active users before the Spring Festival.</p><p>User scale is actually just an appearance.<b>Product form, user experience, distribution logic, organizational combat capabilities, operating systems, commercialization systems, and infrastructure are the gaps that need to be bridged in front of this \"small company\".</b></p><p>If in the past, products + technology and Xiaomi + rifles won the guerrilla warfare, now Kuaishou is faced with the ace of the whole system, with amazing combat power, extremely fast speed, and bold spending of money. If the founder himself cannot iterate and lead The overall evolution of the company, users are likely to vote with their feet.</p><p>Such cases abound in the history of mobile Internet, whether it is group buying, bike-sharing, or mobile e-commerce,<b>There have been many startups that set foot on the wind one or two steps ahead of time, and were eventually crushed by latecomers. Apart from luck, the core lies in the wind. Founders and companies did not quickly complete the evolution from \"small companies\" to \"big companies\".</b></p><p>Su Hua and Cheng Yixiao should be grateful for their courage and determination to launch the battle at that time. Today, although it is no longer the NO.1 on the track, Kuaishou has not been defeated by competition, but has become stronger in repeated contests with itself, opponents, and the market.</p><p>\"No powerful company has never been killed by others in the competition.\" Ma Hongbin, senior vice president of Kuaishou, said that the more competitive it is with friends, the more it grows.</p><p>Relying on the synchronous adjustment of products, algorithms, and operations, the high-speed operation of the organization, the cooperation of CCTV Spring Festival Gala, and the rise of the Extreme Edition, Kuaishou has achieved the K3 goal.</p><p>On May 24 this year, Kuaishou, which went public, released its first quarter results for 2021. The data shows,<b>The average daily active users of Kuaishou China's applications and mini programs reached 379.2 million, and the average daily usage time of daily active users was 99.3 minutes.</b></p><p>\"The opponent doesn't seem to beat us like much. No matter how we compete, we have also risen to 300 million.\" A person in charge of Kuaishou said that many people held back their strength before K3, and this battle has become an outlet to relieve anxiety. Let Kuaishou's situation finally bottom out.</p><p><b>Seek common ground while reserving differences</b></p><p>K3 has become a turning point for Kuaishou from Buddhism to wolf. Since then, the team has continued to expand, and the pace has become faster and faster. Every few months, Su Hua and the management team have to fight a big battle.</p><p>There is no turning back when opening the bow. Products need to change, algorithms need to change, operations need to change, business models need to change. A team of more than 10,000 people is seeking change and victory. All these changes will ultimately make Kuaishou Kuaishou, or will it become an opponent?</p><p>On the road of comprehensive evolution, what can and cannot be changed requires Kuaishou founders and executives to delineate a scope and repeatedly revise it during business growth.</p><p>In 2020 after K3, the direction, boundaries and logic of Kuaishou's evolution will gradually become clear:<b>Do operations light or heavy; Is the product double or single column? Do you pay attention to private domain or public domain?</b>These questions that once caused internal debate and confusion have been answered.</p><p>Before 2019, Kuaishou did not have a positive operating system. Based on the concept of not disturbing users, the so-called operating department mainly operated in a negative direction. How to determine and deal with creators who violated regulations, and how to deal with accounts who violated community rules.</p><p>After the launch of K3, Ma Hongbin, senior vice president of Kuaishou, took over and built the prototype of the operating system. The core problem to be solved,<b>The first is the introduction of high-quality creators, and the second is the distribution of high-quality content and the growth of creators. By operating creators and high-quality content, community activity, retention and new additions are enhanced.</b></p><p>For Kuaishou, operation drive is a new attempt. Kuaishou encourages ordinary people to record their lives, display them in two columns and give fair traffic, but the quality of the content is uneven, which seriously affects the perception and tonality of Kuaishou, thereby hurting the acceptance of users in first-and second-tier cities.</p><p>While focusing on managing the community atmosphere, it improves the quality of content by introducing high-quality creators and providing operation and traffic support. This has caused major changes in Kuaishou's content ecology from 2018 to 2019 and has become the basis for attracting incremental users.</p><p><img src=\"https://static.tigerbbs.com/6018cf1eb61869e628ebcc17fe3cdd61\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"></p><p>In 2018, the team building site of Kuaishou Platform R&D Department was transformed into a work site</p><p>It is understood that in the process of introducing talents and building a new operating system, the founder gave an underlying logic. No matter how the content changes, Kuaishou is still most concerned about and concerned about people. Liu Xiao, general manager of Kuaishou Content Operation Center, still remembers that during the interview, Su Hua spent nearly two hours telling her the story of \"Brother Grape\".</p><p>\"Interviews with other companies should not spend an hour and a half telling the story of a certain user, let alone the founder.\" She found that this company really cares about every creator.</p><p>“<b>The operating logic of Kuaishou and its friends is very different. We care more about people. At the moment, the other party still cares very much about the content and how good the content looks. This is a big underlying difference, which will lead to your distribution logic being completely different. \"</b>Liu Xiao said that in the past, Kuaishou's operation was biased towards management, which would tell you what you couldn't do, but now the creator service team has become a service provider.</p><p>At the beginning of 2020, after Liu Xiao joined Kuaishou, the operation began to enter the stage of refinement. In her view, the content ecosystem of Kuaishou is already very large, and any single vertical category can become a large-scale interest community. In such an environment, it is a very grand task to maintain the relationship between local and ecological, keep the ecological health and make the creator's experience better.</p><p>At the same time, Kuaishou's core management finally solved two thorny problems,<b>One is the choice of single-column and double-column, and the other is the balance between private domain and public domain.</b></p><p>Single-column and double-column have plagued Kuaishou for a long time. In the end, the two forms were integrated on Kuaishou version 8.0. The main station retains the double-column community form, and at the same time opens up the entrance of single-column consumption experience; Kuaishou Express Edition fully assumes the important task of going up and down scenarios, capturing users, and its DAU continues to grow after exceeding 100 million.</p><p>On the other hand, at the Kuaishou Photosynthetic Creators Conference held in Guangzhou in April this year, Wang Jianwei, senior vice president of Kuaishou and head of the main site product department, clarified for the first time the principle of Kuaishou focusing on the private domain and expanding the public domain.</p><p>\"In terms of management complexity, it is definitely much easier to manage the public domain. Whoever does it can't be pulled down. But the private domain is equivalent to the creator having a little industry of his own there. It is particularly difficult to manage it or ignore it and in what way.\" Cheng Yixiao said,<b>Doing a good job and managing the private domain, allowing more producers to \"bloom\", can give the society more temperature and trust.</b></p><p>The integration of single and double columns, the combination of public and private domains, and the creation of an online community full of temperature and trust have reached a high degree of consensus within Kuaishou. \"The combination of public and private domains must be more difficult than just the public domain, and it is much more difficult, but this difficulty is precisely Kuaishou's biggest advantage. Once established, it is a huge threshold.\" A Kuaishou executive said that this is the differentiation and characteristic path between Kuaishou and other platforms.</p><p><b>Positive ecological cycle</b></p><p>In March 2021, Kuaishou released its first financial report after listing. In 2020, Kuaishou achieved revenue of 58.8 billion yuan, of which online marketing revenue was 21.9 billion yuan, accounting for 37.2%. In the fourth quarter, Kuaishou's online marketing revenue in a single quarter was 8.5 billion, surpassing live broadcast rewards to become Kuaishou's largest source of revenue.</p><p>In the subsequent Q1 financial report, Kuaishou's revenue structure continued this change, with online revenue accounting for more than 50%, followed by live broadcast and e-commerce.<b>Ten years after its establishment, Kuaishou has finally changed its income structure with single live broadcast revenue as the core, and online marketing and emerging business revenue have become two wings.</b></p><p><img src=\"https://static.tigerbbs.com/fb96d21633fc5737cf83ae2a90b2303b\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"></p><p>As we all know, Kuaishou's commercialization system was established relatively late. For a long time, Su Hua and Cheng Yixiao were very vigilant and rejected to the fact that commercial factors hurt user experience.</p><p>Before 2018, although Kuaishou had more than 100 million daily active users, it only developed live broadcast as the only way to monetize. The view of the two founders is,<b>Live broadcast is a user product, which does not hurt the user experience. When the live broadcast happens, the rewarding person is happy, the rewarding person is happy, and the rewarding person is also happy.</b></p><p>However, information flow advertising is different, which is likely to hurt the user experience, thus causing the loss of daily activity. Therefore, any core member of Kuaishou's commercialization can feel the difficulty of opening this door.</p><p>\"In the past, every time I sent income changes to the two founders, they all responded flat. Every time I said that I had done another experiment to optimize the user experience today, the reply was always very fast, and you could see what they felt deep in their hearts. Things are the most important thing.\" A person in charge of Kuaishou commercialization has a deep understanding of this.</p><p>Another person who has a deep understanding is Cao Shibo, general manager of Kuaishou Technology Business Revenue Management Center. Cao Shibo, who has a background in business analysis, joined Kuaishou in early 2018 and worked in many departments, all involving commercialization.</p><p>\"Before officially launching the commercial business, we spent a lot of time doing basic work, including algorithms, user experience systems, review systems, etc. The core of a lot of strategic thinking and preparation is that you can make money, but you can't hurt the user experience.\" Cao Shibo said.</p><p>Later, Kuaishou built a relatively complete indicator system. By introducing economic models, it measured how much money it would earn and how much DAU it would lose if this traffic was advertised and realized. Through systematic indicators and monitoring, the user experience was ensured.</p><p>\"Until today, we have very strict internal controls and mechanisms for the frequency of users watching advertisements, and strictly control the quality of advertising content.\" Cao Shibo said,<b>They invested hundreds of people to spend several months tagging users to ensure the accuracy of algorithm recommendation and crowd targeting.</b></p><p>When these basic tasks were completed, Kuaishou's commercialization system was launched, and the magnetic engine was launched, Kuaishou's online marketing revenue skyrocketed. In 2019, Kuaishou's online marketing revenue was 7.4 billion, 7.2 billion in the first half of 2020, and 21.9 billion for the whole year, with a growth rate of more than 200%.</p><p>Cao Shibo said that the commercialization of Kuaishou in 2021 will greatly expand the growth space of Kuaishou's online marketing revenue regardless of the number of brand advertisers, affiliate advertisements and the development of more advertising forms.</p><p>Similar to Kuaishou's experience of commercialization, Luo Qiong, vice president of Kuaishou e-commerce and head of platform experience, was also \"very uncomfortable\" when he first joined Kuaishou.</p><p>Luo Qiong has worked on traditional e-commerce platforms for 15 years, but the industry's very mature promotion and traffic sales logic often hits the wall of \"community ecology\" in Kuaishou.</p><p>For her, the task is not to create how much GMV, but to build trust among merchants, anchors and consumers, enhance community value, and make the cake bigger.</p><p><b>\"Traditional e-commerce relies heavily on goods, but Kuaishou actually relies heavily on people. For traditional e-commerce practitioners, this difference has a very strong shift in the focus, and you will find that from the community to people, and then to transaction conversion, this is A slow reflection, unlike efficient e-commerce, the short-term benefits are very beautiful.\"</b>Luo Qiong said that Kuaishou hopes to establish a brand-new form of e-commerce, which is based on the connection and trust between people.</p><p>This new type of trust relationship based on short videos and live broadcasts takes time to settle, but there is enough room for imagination. In 2020, the GMV of Kuaishou e-commerce reached 381.2 billion, an increase of 4,000 times in two years, and the average repurchase rate of users was as high as 65%.</p><p>In 2021, Kuaishou further proposed the concept of trust e-commerce, and built the mind and cognition of Kuaishou e-commerce with extreme trust, hoping to reconstruct the decision-making of one billion consumers in a new way. In fact, the rise of Kuaishou e-commerce is already changing the pattern of the traditional e-commerce industry.</p><p><img src=\"https://static.tigerbbs.com/210d2ee9a518657bfd7f5b6471c11fb2\" tg-width=\"1080\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p>More importantly,<b>Kuaishou's business ecosystem based on live broadcast, advertising, and e-commerce is feeding back tens of millions of content creators, allowing them to live better in this community. The business ecosystem and the content ecosystem are forming a positive cycle of mutual promotion.</b></p><p>This positive cycle is particularly important to support Kuaishou's vision. In the past ten years, Kuaishou has actually been a unique social experiment in the Internet field, focusing on ordinary people and benefiting equally and universally. This kind of experiment went smoothly at first, but later it encountered challenges. The two-wheel drive of the content ecosystem and the business ecosystem can make this chariot move forward more smoothly. Whether Kuaishou can be further successful can also verify that the Internet is important to human beings. What kind of tool is it-to rule people or to make people more equal.</p><p><b>From equality and inclusiveness to warmth and trust, the story of a decade is beginning.</b></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b57241e30a2dc7e84d4588d7aafb919c","relate_stocks":{"01024":"快手-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186442864","content_text":"2011年底，刚刚组队的小创业公司GIF快手，创始人程一笑在微博、豆瓣等平台发布了一则招聘信息：诚求UI设计师一位做创业伙伴，提供有竞争力的薪酬以及丰厚的股权。\n程一笑是豆瓣深度用户，当时他经常逛的两个小组是“IT招聘王”和“平面设计师”。公司草创，产品肇始，这位年轻人对社区、设计有着近乎直觉般的向往。\n2011年是风起云涌的一年：知乎刚刚成立，美团也才上线一年，B站刚刚从前身“Mikufans”更名bilibili。随着移动互联网蓬勃发展，海淀区的咖啡厅像菜市场一样热闹，无数人投身其中。\n程一笑的招聘信息发出去不久，一位UI设计师加盟了GIF快手，成为最早期的4名员工之一。他们蜗居在海淀区立水桥奥北社区的一间民居里，默默打磨这款产品。\n\n十年前，奥北中心的办公桌\n快手联合创始人杨远熙回忆，当时工作和生活分不开，四个人每天中午轮班去订饭，“当时楼下一共也只有七个饭馆，基本是把七个饭馆，按照不同的顺序排一遍。”\n或许是无法忍受这样的工作和生活状态，或许对于这家小公司的未来不抱希望，那位设计师没过多久便离开了GIF快手，与一个时代擦肩而过。\n谁也无法预料，多年后这家公司会开创整个短视频时代，并在经历一番发展的风风雨雨后，在香港联交所上市，市值一度达万亿港元，成为国内第五大互联网公司。\n至今，其他三位早期员工还在带领快手前行：联合创始人程一笑、银鑫和杨远熙，连同2013年加入快手的宿华，他们构成了快手这款独特产品的底色。\n十年，转瞬即逝，无数公司湮没在移动互联网的大浪淘沙中。快手的十年，曾经风调雨顺，也曾迫在眉睫，在强大竞争压力下最终顽强冲上了3亿日活。\n\n快手登陆港交所\n这是一个跌宕传奇的故事，也是过去十年中国移动互联网公司进化的一个典型样本。产品、技术、运营、商业，当一家年轻公司提前踏上一片沃土，而它的积累又与面对的巨大机会并不匹配时，如何生存、发展、坚守、进化，做出关键且正确的决策，进而拉开了一场持久战。\n风云际会\n2013年，上海。这天下午，晨兴资本合伙人张斐决定见一见那位寻求投资的年轻人，对方毕业于清华大学，曾在谷歌、百度任职。履历丰富的同时，还是名连续创业者，性格坚韧且充满能量。\n这是张斐与他的第二次见面，这位叫宿华的年轻人正准备放弃自己手头的创业项目，展开更多新的尝试。\n据张斐回忆，宿华当时讲了20多个项目，“很多特别有趣的创业想法，但一个个过了之后，发现大部分并不成熟，我也很直接反馈。”\n\n上市现场四位联合创始人切蛋糕\n一个在寻找面向未来的投资标的，一个在寻求新的创业方向，大半天时间两个人讨论了创业的无数可能，然后一一推翻。突然间，张斐头脑中灵光一闪：\n“我这儿有一个挺好的产品经理，你要不跟他一起合作吧！”张斐开口道。\n这个“挺好的产品经理”就是程一笑。作为GIF快手的天使投资人，张斐对4G时代的手机视频十分看好，而GIF快手作为一种原始的视频形态让他看到了某种可能。\n自2011年上线，GIF快手已经积累了不少用户，并开始尝试从工具向短视频社区转型，但并不顺利。\n作为产品经理，程一笑面对着一个朴素的挑战：当用户通过GIF快手生产内容，并且愿意把作品上传到社区版块的时候，如何让每个人的作品被更多人看见？这是对创作者热情最基础，也是最终极的激励。\n最初，他们采用通用推荐的方式，就是每天把新的作品或者七天内的作品做成榜单，榜单排序是按照作品的评论、分享、点赞等热度权重打分而来，所有用户看到的是同一个榜单。\n榜单能够推荐的作品数量极其有限，容易头部化，有才艺、颜值的创作者才有机会上热门，而程一笑特别希望看到普通人的作品也能登上榜单。\n联合创始人杨远熙回忆，为了尽可能让更多人的作品被看到，他们每天上班第一件事就是调整推荐公式。今天把A从0.7调到0.8，明天把B从0.5调到0.4。时间一久，公式越改越复杂，效率和效果却始终不好。\n这不是光凭产品经理能够解决的问题，这个视频社区的雏形需要先进技术的加持，需要一种崭新的算法和推荐方式。\n当张斐在上海鬼使神差产生了将宿华、程一笑撮合到一起的想法时，风云际会。一个手握最先进的技术工具，一个对产品、社区有着强大的理解与设计能力。两个人见面了。\n后面的故事，到今天已经广为流传。2013年夏天，北京金隅酒店，宿华、程一笑见了面，两个不善言辞的人一直聊到凌晨两三点。两人在价值观上高度一致，认为社区应该给更多人曝光的机会，让普通人的作品被看到。\n这些朴素的理念，后来被总结为快手公平普惠的价值观，并在潜移默化中成为产品和算法的底层逻辑。\n团队合并、股权调整后，程一笑负责产品，宿华成为CEO，他们迅速做了两件“大事”，一是将公司搬到五道口华清嘉园，二是宿华为GIF快手写下了推荐算法的第一行代码。\n\n快手在五道口华清嘉园\n技术力量是强大的，宿华为快手带来的推荐是个性化推荐、千人千面，每个人看到的是不一样的快手，而每个作品都会给予初始的冷启动流量，这种划时代的体验第一次应用在短视频上，爆发的能量肉眼可见。\n2014年4月，“GIF快手”更名为快手，正式转型短视频社区平台；6月6日，快手DAU首次突破百万；2015年1月，快手DAU超过千万；2016年底DAU达4000万；2017年底DAU超过1.1亿。在此之前，快手几乎没有做过市场投放，用户增长得益于普惠理念下对长尾内容分发的精准和效率，以及平台对普通人生活的关注。\n一位快手早期员工这样回忆与程一笑的面试：“前面百分之五六十都是我在说他在听的状态。后来他就拿出手机，给我看他关注的列表，他关注了一些什么样的人，然后就滔滔不绝地跟我讲每个人，就像讲他的家人一样，他们是什么样的人，快手里经历过什么。”\n无论宿华还是程一笑，至今保持了这样的习惯。作为创始人，他们从一个个正向反馈、命运变迁和“感谢官方”的用户评价中，获得了远超过商业回报的信念激励。\n战斗打响\n2017年底，快手作为过亿DAU的互联网应用，员工规模只有1000多人，而再往前推一年，这家公司只有六七百人。\n在一定程度上，这验证了宿华的一种假设，一支小规模的技术团队到底可以驾驭多大用户规模的产品；没有商业化、强运营的干扰，从社区到社交，需要多长时间的沉淀。\n这是一段低调、平静、享受增长和用户反馈的日子，越来越多普通人用快手记录生活，让这款产品既独具特色，又充满理想主义，但它并不完美、不乏争议，甚至危机四伏，并在2018-2019年进入拐点。\n “必须得干，要战斗！”2019年6月，快手西二旗总部，一位早期员工至今记得联合创始人程一笑在动员大会上发出的呐喊。\n这是一次改变快手历史进程的会议。他说，当看到两位不善言辞的创始人走上台，握紧拳头，号召全员投入，在场的每个人都热血沸腾。\n自2011年创业到2017年底DAU破亿，作为短视频行业的开创者，快手不是没有打过仗，美拍等一款又一款产品，都曾挑战快手的地位。直到2018，他们遭遇了一个前所未有强大的对手，字节跳动旗下的抖音，用全新产品逻辑、内容分发逻辑、商业逻辑，实现了迅速超越。\n终于，这场仗不打不行了。据《晚点》报道，2019年春节后，快手高管和产品团队一起去重庆做了一场用户调研，内部称之为“重庆会议”，宿华和程一笑受到了来自用户的直接刺激，意识到不激进增长=把用户拱手让给他人；不团结作战=默许团队战斗力减退。\n6月18日，宿华和程一笑发布全员信，直言快手面对的挑战与隐患：“我们已经不是跑得最快的那支队伍，在长大的过程中，我们的肌肉开始变得无力，反应变慢，我们与用户的连接感知在变弱。”首当其冲的当然是用户规模，快手发起了K3战役，定下了春节前3亿日活的年度目标。\n用户规模其实只是表象，产品形态、用户体验、分发逻辑、组织作战能力、运营体系、商业化系统、基础设施才是横亘在这家“小公司”面前，需要跨越的一个个鸿沟。\n如果说过去是产品+技术、小米+步枪打赢了游击战，现在快手面对的则是整建制的王牌师、战力惊人、速度奇快、花钱大胆，如果创始人自己无法迭代，并且带领公司整体进化，用户很可能用脚投票。\n这样的案例在移动互联网历史上比比皆是，无论团购、共享单车，还是移动电商，都曾有众多创业公司提前一步或两步踏上风口，最终被后来者碾压，除了运气，核心还在于风口之上，创始人和公司没有迅速完成从“小公司”到“大公司”的进化。\n宿华和程一笑应当庆幸当时发起战斗的勇气与决心。如今，虽然不再是赛道上的NO.1，但快手没有被竞争打垮，而是在与自我、对手、市场的反复较量中，变得更强大。\n“从来没有哪家实力强的企业会在竞争中被别人干掉。”快手高级副总裁马宏彬表示，与友商之间基本是越竞争，越增长。\n依靠产品、算法、运营的同步调整，组织的高速运转、央视春晚合作以及极速版的崛起，快手实现了K3目标。\n今年5月24日，上市后的快手发布了2021年第一季度业绩。数据显示，快手中国应用程序及小程序的平均日活跃用户达到3.792亿，日活跃用户日均使用时长达99.3分钟。\n“对手好像没把我们打成什么样，别管怎么竞争，我们也涨到了3亿。“一位快手负责人表示，K3之前很多人憋了一股劲，这场战役成为一个缓解焦虑的出口，让快手处境终于触底反弹。\n求同存异\nK3成为快手从佛系到狼性的转折点，从此之后，团队持续扩张，节奏越来越快。每隔几个月，宿华和管理团队就要打一场大仗。\n开弓没有回头箭，产品要变，算法要变，运营要变，商业模式要变，1万多人的队伍求变、求胜，而所有这些变化最终要让快手成为快手，还是成为对手？\n而在全面进化的道路上，哪些能变，哪些不能变，需要快手创始人和高管划定一个范围，并在业务成长中反复修正。\nK3之后的2020年，快手进化的方向、边界和逻辑逐渐清晰：运营做轻还是做重；产品双列还是单列；重视私域还是公域，这些曾在内部引起争论和困惑的问题都有了答案。\n2019年前，快手没有正向运营体系，本着不打扰用户的理念，所谓的运营部门主要是负向运营，创作者违规了如何判定和处理，账号违反了社区规则如何处理。\nK3启动后，快手高级副总裁马宏彬接手并搭建了运营体系的雏形。核心要解决的问题，一是优质创作者引入，二是优质内容分发、创作者成长，通过运营创作者和优质内容，提升社区活跃度、留存并带来新增。\n对快手来说，运营驱动是全新尝试。快手鼓励普通人记录生活，双列展示并给予公平流量，但内容质量却参差不齐，严重影响了快手的观感和调性，进而伤害一二线城市用户的接受度。\n一边下重手治理社区风气，一边通过引入优质创作者提升内容品质，并给予运营和流量支持，这让快手内容生态在2018—2019年发生了重大变化，成为吸引增量用户的基础。\n\n2018年，快手平台研发部的团建现场变工作现场\n据了解，引入人才和建设新运营体系过程中，创始人给了一个底层逻辑，无论内容怎么变，快手最关注和最在意的仍然是人。快手内容运营中心总经理刘逍还记得，面试的时候，宿华花了近两个小时给她讲了“葡萄哥”的故事。\n“其他公司的面试，应该不会把一个半小时的时间都花在去讲某个用户的故事上，何况是创始人。”她发现，这家公司真的非常在乎每个创作者。\n“快手与友商的运营逻辑区别很大，我们更在乎人，对方此刻还是非常在乎内容，会在乎内容的好看程度，这是一个挺大的底层差异，会导致你的分发逻辑完全不一样。”刘逍说，过去快手的运营偏管理，会告诉你什么事情不能做，但现在的创作者服务团队，变成一个服务者角色。\n2020年初，刘逍入职快手后，运营开始进入精细化阶段。在她看来，快手内容生态已经非常庞大，任何单一垂类拿出来都可以成为一个大规模兴趣社区。在这样的环境下，维持局部与生态之间的关系，保持生态的健康，让创作者的体验更好，是个非常宏大的课题。\n与此同时，快手核心管理层终于解决了两个棘手问题，一是单列和双列的选择问题，二是私域和公域的平衡问题。\n单列和双列曾经困扰了快手很长时间，最终两种形态在快手8.0版本上实现了融合，主站保留双列社区形态，同时辟出单列消费体验的入口；快手极速版则全面承担起上下滑场景的重任，夺取用户，DAU破亿之后还在持续增长。\n另一方面，今年4月广州举办的快手光合创作者大会上，快手高级副总裁主站产品部负责人王剑伟首次明确了快手私域为主、公域扩容的原则。\n“从管理复杂度来讲，肯定是公域好管得多。谁行谁上，不行拉倒。但是私域相当于创作者有了自己的一点产业在那里，你到底是管还是不管、用什么样的方式管，难度特别大。”程一笑表示，把私域做好并管好，让更多生产者“绽放”，可以让社会有更多温度和信任。\n单双列融合、公私域结合，打造一个充满温度和信任的在线社区，在快手内部已经达成了高度共识，“公私域结合在一起，一定比只做公域难，而且难不少，但这个难点恰恰是快手最大的优势，一旦建立好了就是巨高的门槛。”一位快手高管表示，这就是快手与其他平台的差异化和特色道路。\n生态正循环\n2021年3月，快手发布了上市后的首份财报。2020年，快手实现营收588亿元，其中线上营销收入219亿元，占比37.2%。第四季度，快手线上营销单季收入85亿，超越直播打赏成为快手第一大收入来源。\n随后公布的Q1财报，快手收入结构延续这一变化，线上收入占比超过50%，直播、电商等紧随其后。成立十年，快手终于改变了以单一直播收入为核心的收入结构，线上营销和新兴业务收入成为两翼。\n\n众所周知，快手的商业化体系搭建较晚。在很长一段时间，宿华和程一笑都对商业因素伤害用户体验这件事十分警惕和排斥。\n2018年前，尽管快手已超过1亿日活，但只发展了直播作为唯一变现方式。两位创始人观点是，直播是一款用户产品，不伤害用户体验，当直播发生的时候，打赏的人开心，看打赏的人开心，被打赏的人也开心。\n但是，信息流广告不同，它很可能伤害用户体验，进而造成日活损失。所以，任何一个快手商业化的核心成员，都能感受到开启这扇大门的艰难。\n“过去我每次给两位创始人发收入变动，他们都反应平淡，每次说我今天又做了一个优化用户体验的实验，回复总是非常快，你就能看到他们内心深处对什么事是最重视的。”快手商业化一位负责人对此深有体会。\n另一位深有体会的是快手科技商业收益管理中心总经理曹世博。商业分析出身的曹世博2018年初加入快手，辗转过多个部门，均涉及商业化。\n“正式启动商业化业务前，我们花了大量时间做基础工作，包括算法、用户体验体系、审核体系等，很多战略层面的思考和准备，核心就是赚钱可以，但不能伤害用户体验。”曹世博说。\n后来，快手搭建了一个比较完备的指标体系，通过引入经济学模型去衡量，如果这个流量做广告变现会赚多少钱，又会损失多少DAU，通过体系化的指标、监测确保用户体验。\n“直到今天，我们内部对于用户看广告的频次有着非常严格的控制和机制，并且严控广告内容的质量。”曹世博说，他们投入了几百人花几个月之间去给用户打标签，以确保算法推荐和人群定向的精准。\n当这些基础工作搭建完成，快手商业化体系推出，磁力引擎上线后，快手线上营销收入直线上升。2019年，快手线上营销收入74亿，2020年上半年72亿，全年219亿，增速超过200%。\n曹世博表示，2021年快手商业化无论品牌广告主的数量、联盟广告以及更多广告形式的开拓，都在大大拓展快手线上营销收入的增长空间。\n与快手商业化拓土的经历类似，快手电商副总裁、平台体验负责人罗琼刚加入快手的时候，也“非常不适应”。\n罗琼在传统电商平台工作了15年，但业界非常成熟的促销、卖流量逻辑，在快手常常会撞在“社区生态”的墙上。\n对她来说，任务不是去创造多少GMV，而是构建商家、主播与消费者之间的信任度，提升社区价值，把蛋糕做大。\n“传统电商非常依赖货，快手其实非常依赖人，这种差异对传统电商从业者来说，重心有非常强烈的偏移，而且你会发现从社区到人，再到交易转化，这是个慢反射，不像效率型电商，短期效益很漂亮。”罗琼说，快手希望建立一种全新的电商形态，它基于人与人之间的连接和信任。\n这种基于短视频和直播建立的新型信任关系，需要时间沉淀，但想象空间足够大。2020年，快手电商GMV达到3812亿，两年增长了4000倍，用户平均复购率更是高达65%。\n2021年，快手进一步提出信任电商概念，以极致信任构建快手电商的心智和认知，希望用崭新方式重构十亿消费者的决策。实际上，快手电商的崛起，已经在改变传统电商行业格局。\n\n更重要的是，快手基于直播、广告、电商所搭建的商业生态，正在反哺数千万内容创作者，让他们在这个社区活得更好，商业生态正在与内容生态形成相互促进的正循环。\n这种正循环对于支撑快手的愿景尤为重要。过去十年，快手其实是互联网领域一个独一无二的社会实验，关注普通人，平等普惠。这样的实验一开始很顺利，后来遇到了的挑战，而内容生态系统和商业生态系统双轮驱动可以让这架战车更平稳前进，而快手能不能进一步成功，也可以验证互联网对人类来说是个什么性质的工具——统治人，还是让人更平等。\n从平等普惠，到温暖信任，快手下一个十年的故事正由此拉开序幕。","news_type":1,"symbols_score_info":{"90022":0.9,"01024":0.9}},"isVote":1,"tweetType":1,"viewCount":1614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187297251,"gmtCreate":1623754754873,"gmtModify":1704210607552,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187297251","repostId":"1119942956","repostType":4,"isVote":1,"tweetType":1,"viewCount":1254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184799069,"gmtCreate":1623723738751,"gmtModify":1704209627919,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184799069","repostId":"1187885612","repostType":4,"repost":{"id":"1187885612","kind":"news","pubTimestamp":1623716143,"share":"https://ttm.financial/m/news/1187885612?lang=en_US&edition=fundamental","pubTime":"2021-06-15 08:15","market":"us","language":"zh","title":"New U.S. stock group stocks have appeared! The stock soared more than 30% at one point","url":"https://stock-news.laohu8.com/highlight/detail?id=1187885612","media":"腾讯新闻 ","summary":"QQ音乐证券6月15日讯，美股市场上的“抱团股”交易找到了一个最新的目标：视频游戏硬件制造商Corsair（纳斯达克股票代码：CRSR，国内常称为“海盗船”）。在周一开盘时，该公司股价上涨31%，至4","content":"<p>QQ Music Securities reported on June 15 that the \"group stock\" transaction in the US stock market has found a latest target: video game hardware manufacturer Corsair (Nasdaq stock code: CRSR, often called \"pirate ship\" in China).<img src=\"https://static.tigerbbs.com/526ed9bd0e9cac06ab220066e0e90aa7\" tg-width=\"769\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At Monday's opening, the company's shares rose 31% to $40.70, the highest level since late February, before narrowing their gains and rising more than 11% by the close. The main reason for the rise in Corsair's stock price is that the number of mentions of the company on the \"Wallstreetbets\" sub-forum of Reddit forum has exploded.</p><p>According to data from Quiver Quantitional, as of Monday morning local time in the United States, the stock has been mentioned at least 1,180 times on the \"Wall Street Casino\" forum. Meanwhile, Wallstreetbets Trackers data showed a 17% increase in activity related to pirate ships. Before Corsair, there were a series of other companies that had become the favorite targets of \"Wall Street Casino\" forum users and \"group stocks\" crowds.</p><p>Corsair, founded in 1994, went public at a price of US $15.12 per share in September, with a valuation of US $1.6 billion and raised US $238 million. The stock has gained 13.08% so far this year and 169% since its IPO (initial public offering) listing.</p><p>Corsair is best known for the company's gaming hardware, which includes accessories ranging from green screens to mice and keyboards, as well as mature gaming PCs equipped with the latest chips from Intel (NASDAQ: INTC), AMD (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA), among others.</p><p>Gaming products have performed well over the past year as the Novel Coronavirus pandemic prompted governments to introduce restrictions that forced people around the world to stay at home. With not much to do, millions of people have turned to video games. However, so far this year, big gaming companies such as Activision Blizzard (NASDAQ: ATVI), Electronic Arts (NASDAQ: EA), and Take-Two Interactive (NASDAQ: TTWO) have all underperformed the S&P 500.</p><p>Corsair follows video GAME retailer GameStop (NYSE: GAME, often referred to domestically as \"GameStop\"), AMC Cinema Company (NYSE: AMC), BlackBerry (NYSE: BB) and others as the latest \"darling\" in the eyes of retail traders-though it's unclear whether investor interest in the stock will hold, given how quickly the stock is rising.</p><p>The gaming industry has also been affected by the ongoing global chip shortage, from consoles such as Sony's PlayStation5 and Microsoft's (NASDAQ: MSFT) Xbox Series X to graphics cards for PC games, which are hard for gamers to get their hands on.</p><p>On the \"Wall Street Casino\" forum, Corsair supporters said the stock was undervalued and worth holding because of the company's brand portfolio and positioning as a top third-party hardware seller.</p><p>\"Corsair is one of the few picks I mention here that I completely trust. It's the right stock to buy! Good luck!\" Wrote a Reddit user with the online name \"LaughingAdventureGame\".</p><p>Corsair isn't the only gaming stock that retail traders are bullish on, though. Logitech (NASDAQ: LOGI) is a company that makes standard office and gaming hardware accessories, and the stock has performed even better than Corsair in the past 12 months. Its shares jumped 122%, driven by growth in sales of webcams, mobile phones and gaming peripherals. In addition, Razer, another manufacturer of gaming peripherals, is also a favorite stock among retail investors in gaming stocks. The company makes its own line of laptops and desktops, as well as some of the most popular mice and keyboards among users.</p><p>Users of the \"Wall Street Casino\" forum predict that Corsair will \"swallow the gaming industry and become the stock that can always make millionaires\".</p><p>Unlike other popular \"group stocks\" such as GameStop and AMC Entertainment, Corsair's stock has solid fundamentals. The company went public in September 2020 and profited from accelerated sales during the pandemic as people sought home entertainment during the lockdown. In the most recent quarter, the company's earnings per share rose 383% to 58 cents; Sales rose 72% to $529 million.</p><p>Individual traders on social media platforms such as \"Wall Street Casino\" and Stocktwits encourage investors to pump money into heavily short-sold stocks, creating a so-called short squeeze that drives up the prices of those stocks. Therefore, since the beginning of this year, GameStop's stock price has soared by 1086%, and AMC Entertainment's stock price has risen by 2506%.</p><p>According to MarketSmith's chart analysis, Corsair stock rose 33% at one point, hitting an intraday high of $42.97 and breaking through the 50-day moving average. (Nebula)</p>","source":"highlight_tencentus","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>New U.S. stock group stocks have appeared! The stock soared more than 30% at one point</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\">\nNew U.S. stock group stocks have appeared! The stock soared more than 30% at one point\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯新闻 </strong><span class=\"h-time small\">2021-06-15 08:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>QQ Music Securities reported on June 15 that the \"group stock\" transaction in the US stock market has found a latest target: video game hardware manufacturer Corsair (Nasdaq stock code: CRSR, often called \"pirate ship\" in China).<img src=\"https://static.tigerbbs.com/526ed9bd0e9cac06ab220066e0e90aa7\" tg-width=\"769\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At Monday's opening, the company's shares rose 31% to $40.70, the highest level since late February, before narrowing their gains and rising more than 11% by the close. The main reason for the rise in Corsair's stock price is that the number of mentions of the company on the \"Wallstreetbets\" sub-forum of Reddit forum has exploded.</p><p>According to data from Quiver Quantitional, as of Monday morning local time in the United States, the stock has been mentioned at least 1,180 times on the \"Wall Street Casino\" forum. Meanwhile, Wallstreetbets Trackers data showed a 17% increase in activity related to pirate ships. Before Corsair, there were a series of other companies that had become the favorite targets of \"Wall Street Casino\" forum users and \"group stocks\" crowds.</p><p>Corsair, founded in 1994, went public at a price of US $15.12 per share in September, with a valuation of US $1.6 billion and raised US $238 million. The stock has gained 13.08% so far this year and 169% since its IPO (initial public offering) listing.</p><p>Corsair is best known for the company's gaming hardware, which includes accessories ranging from green screens to mice and keyboards, as well as mature gaming PCs equipped with the latest chips from Intel (NASDAQ: INTC), AMD (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA), among others.</p><p>Gaming products have performed well over the past year as the Novel Coronavirus pandemic prompted governments to introduce restrictions that forced people around the world to stay at home. With not much to do, millions of people have turned to video games. However, so far this year, big gaming companies such as Activision Blizzard (NASDAQ: ATVI), Electronic Arts (NASDAQ: EA), and Take-Two Interactive (NASDAQ: TTWO) have all underperformed the S&P 500.</p><p>Corsair follows video GAME retailer GameStop (NYSE: GAME, often referred to domestically as \"GameStop\"), AMC Cinema Company (NYSE: AMC), BlackBerry (NYSE: BB) and others as the latest \"darling\" in the eyes of retail traders-though it's unclear whether investor interest in the stock will hold, given how quickly the stock is rising.</p><p>The gaming industry has also been affected by the ongoing global chip shortage, from consoles such as Sony's PlayStation5 and Microsoft's (NASDAQ: MSFT) Xbox Series X to graphics cards for PC games, which are hard for gamers to get their hands on.</p><p>On the \"Wall Street Casino\" forum, Corsair supporters said the stock was undervalued and worth holding because of the company's brand portfolio and positioning as a top third-party hardware seller.</p><p>\"Corsair is one of the few picks I mention here that I completely trust. It's the right stock to buy! Good luck!\" Wrote a Reddit user with the online name \"LaughingAdventureGame\".</p><p>Corsair isn't the only gaming stock that retail traders are bullish on, though. Logitech (NASDAQ: LOGI) is a company that makes standard office and gaming hardware accessories, and the stock has performed even better than Corsair in the past 12 months. Its shares jumped 122%, driven by growth in sales of webcams, mobile phones and gaming peripherals. In addition, Razer, another manufacturer of gaming peripherals, is also a favorite stock among retail investors in gaming stocks. The company makes its own line of laptops and desktops, as well as some of the most popular mice and keyboards among users.</p><p>Users of the \"Wall Street Casino\" forum predict that Corsair will \"swallow the gaming industry and become the stock that can always make millionaires\".</p><p>Unlike other popular \"group stocks\" such as GameStop and AMC Entertainment, Corsair's stock has solid fundamentals. The company went public in September 2020 and profited from accelerated sales during the pandemic as people sought home entertainment during the lockdown. In the most recent quarter, the company's earnings per share rose 383% to 58 cents; Sales rose 72% to $529 million.</p><p>Individual traders on social media platforms such as \"Wall Street Casino\" and Stocktwits encourage investors to pump money into heavily short-sold stocks, creating a so-called short squeeze that drives up the prices of those stocks. Therefore, since the beginning of this year, GameStop's stock price has soared by 1086%, and AMC Entertainment's stock price has risen by 2506%.</p><p>According to MarketSmith's chart analysis, Corsair stock rose 33% at one point, hitting an intraday high of $42.97 and breaking through the 50-day moving average. (Nebula)</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://new.qq.com/omn/20210615/20210615A00M0V00.html\">腾讯新闻 </a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/526ed9bd0e9cac06ab220066e0e90aa7","relate_stocks":{},"source_url":"https://new.qq.com/omn/20210615/20210615A00M0V00.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187885612","content_text":"QQ音乐证券6月15日讯，美股市场上的“抱团股”交易找到了一个最新的目标：视频游戏硬件制造商Corsair（纳斯达克股票代码：CRSR，国内常称为“海盗船”）。在周一开盘时，该公司股价上涨31%，至40.70美元，创下了自2月末以来的最高水平，随后收窄涨幅，截至收盘时上涨逾11%。推动海盗船股价上涨的主因是，Reddit论坛下属“华尔街赌场”（Wallstreetbets）子论坛上提到该公司的次数呈现出爆炸式增长。\n根据Quiver Quantitional的数据，截至美国当地时间周一上午，该股在“华尔街赌场”论坛上至少被提及1180次。与此同时，Wallstreetbets Trackers数据显示，与海盗船有关的活动增加了17%。在海盗船之前，还有一系列其他公司已经成为“华尔街赌场”论坛用户和“抱团股”人群青睐的对象。\n成立于1994年的海盗船9月份以每股15.12美元的价格挂牌上市，估值达16亿美元，筹集到了2.38亿美元资金。今年到目前为止，该股累计上涨了13.08%，自IPO（首次公开募股）上市以来上涨了169%。\n海盗船最出名的是该公司的游戏硬件，其中包括从绿幕到鼠标和键盘等配件，以及配备了英特尔（纳斯达克股票代码：INTC）、AMD（纳斯达克股票代码：AMD）和英伟达（纳斯达克股票代码：NVDA）最新芯片的成熟游戏PC等。\n由于新冠病毒大流行促使各国政府出台了限制措施，导致世界各地的人们都不得不呆在家里，游戏产品在过去的一年时间里表现出色。由于没有太多事情可做，成百上千万的人转向了电子游戏。然而，今年到目前为止，动视暴雪（纳斯达克股票代码：ATVI）、电子艺界（纳斯达克股票代码：EA）和Take-Two Interactive（纳斯达克股票代码：TTWO）等大型游戏公司的表现都逊于标普500。\n海盗船紧随视频游戏零售商GameStop（纽约证券交易所股票代码：GAME，国内常称为“游戏驿站”）、AMC院线公司（纽约证券交易所股票代码：AMC）、黑莓（纽约证券交易所股票代码：BB）等公司之后，成为了散户交易员眼中最新的“宠儿”——尽管考虑到该股上涨的速度，目前还不清楚投资者对这只股票的兴趣是否会保持下去。\n游戏行业也受到全球芯片持续短缺的影响，从索尼PlayStation5和微软（纳斯达克股票代码：MSFT）的Xbox Series X等游戏机到PC游戏的显卡，游戏玩家很难买到这些产品。\n在“华尔街赌场”论坛上，海盗船的支持者们表示，由于该公司的品牌组合和作为顶级第三方硬件销售商的定位，这只股票被低估了，因此值得持有。\n“海盗船是我在这里提到的为数不多的几只我完全信任的精选股票之一。买这只股票准没错！祝你们好运！”一位网名为“LaughingAdventureGame”的Reddit用户写道。\n不过，海盗船并不是散户交易员看好的唯一游戏类股。罗技（纳斯达克股票代码：LOGI）是一家生产标准办公和游戏硬件配件的公司，该股在过去12个月时间里的表现甚至比海盗船还要好。在网络摄像头、手机和游戏外围设备销售增长的推动下，其股价上涨了122%。此外，另一家游戏外围设备制造商Razer也是游戏股中备受散户投资者青睐的一只股票，该公司生产自己的笔记本电脑和台式机系列产品，以及最受用户青睐的一些鼠标和键盘。\n“华尔街赌场”论坛用户预测，海盗船将会“吞下游戏行业，成为一直可以制造出百万富翁的股票”。\n与游戏驿站和AMC娱乐公司等其他流行的“抱团股”不同，海盗船的股票拥有坚实的基本面。该公司于2020年9月上市，并从大流行期间的加速销售中获利，因为人们在停摆期间寻求家庭娱乐。在最近一个季度中，该公司的每股收益上涨了383%，达到58美分；销售额增长了72%，达到5.29亿美元。\n“华尔街赌场”和Stocktwits等社交媒体平台上的个人交易员鼓励投资者将资金注入严重卖空的股票，造成所谓的轧空，从而推高这些股票的价格。因此，自今年年初以来，游戏驿站的股价飙升了1086%，AMC娱乐公司的股价更是已经上涨了2506%。\n根据MarketSmith图表分析，海盗船股价一度上涨33%，盘中触及42.97美元的高点，并突破50日移动平均线。（星云）","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707410,"gmtCreate":1623723686530,"gmtModify":1704209625642,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707410","repostId":"2143178705","repostType":4,"repost":{"id":"2143178705","kind":"news","pubTimestamp":1623717670,"share":"https://ttm.financial/m/news/2143178705?lang=en_US&edition=fundamental","pubTime":"2021-06-15 08:41","market":"hk","language":"zh","title":"Beware of the risk of US dollar rebound, the RMB exchange rate is easy to depreciate but difficult to rise in the second half of the","url":"https://stock-news.laohu8.com/highlight/detail?id=2143178705","media":"金融时报","summary":"近一段时间以来，人民币汇率走势牵动着市场神经。自央行决定上调金融机构外汇存款准备金率后，人民币对美元汇率已由6.35的近期高点贬至6.39上方。市场分析师普遍认为，人民币汇率趋近贬值拐点，下半年大概率会出现贬值压力。　　影响人民币汇率的因素是多方面的，其中美元升值风险将是最直接的一项。华创证券首席宏观分析师张瑜预计，美元在中长期会有较大反弹，人民币或已接近贬值拐点。预计美联储大概率将在三季度释放QE缩减的信号。","content":"<p>All signs of universal immunization, economic recovery, rising inflation, and tightening monetary policy are pointing to the final realization of the logic of dollar appreciation. Recently, the trend of RMB exchange rate has affected the nerves of the market. Since the central bank decided to raise the foreign exchange deposit reserve ratio of financial institutions, the exchange rate of RMB against the US dollar has depreciated from the recent high of 6.35 to above 6.39. Market analysts generally believe that the RMB exchange rate is approaching the inflection point of depreciation, and there is a high probability that there will be depreciation pressure in the second half of the year.<img src=\"https://static.tigerbbs.com/89cccc1aedcab6c848cb4f7d42a07318\" tg-width=\"550\" tg-height=\"202\" referrerpolicy=\"no-referrer\">There are many factors affecting the RMB exchange rate, among which the risk of US dollar appreciation will be the most direct one.</p><p>Higher U.S. bond yields in the first quarter of this year pushed the US Dollar Index to appreciate in stages. At the end of March, the US Dollar Index reached a staged high of 93.18. Since then, short-term factors such as faster vaccination in Europe have weakened the US dollar in the past two months, but the US Dollar Index has recently found a strong support level around 90, and the market speculates that this is likely to be the medium-term bottom of the US dollar. Yu zhang, chief macro analyst of Huachuang Securities, predicts that the US dollar will rebound significantly in the medium and long term, and the RMB may be close to the inflection point of depreciation.</p><p>All signs of universal immunization, economic recovery, rising inflation, and tightening monetary policy are pointing to the final realization of the logic of dollar appreciation.</p><p>Developed countries such as the United States are expected to basically achieve herd immunity in the third quarter, and PMIs in Europe and the United States have reached new highs recently.<a href=\"https://laohu8.com/S/601211\">Guotai Junan</a>Dong Qi, chief macro analyst, said that this shows that thanks to vaccination, the momentum of economic recovery is significantly strengthened.<a href=\"https://laohu8.com/S/601328\">Bank of Communications</a>Tang Jianwei, chief researcher of the Center for Financial Research, said that a strong recovery of the U.S. economy in the second half of the year may lead to a strengthening of the U.S. dollar again.</p><p>Recently, 27 states in the United States have announced tightening of unemployment benefits. Dong Qi predicts that the job market will gradually return to the normal repair track and will not constrain the Fed's tightening of monetary policy. It is expected that the Federal Reserve will most likely release a signal of QE reduction in the third quarter.</p><p>At present, the new U.S. government is planning and promoting a new round of fiscal stimulus plan, and plans to launch a $6 trillion fiscal stimulus plan in the near future. \"Although there will be a series of difficulties in the implementation of this plan, considering the optimistic expectations for the future of the U.S. economy and the actual effects of some measures, it may become one of the driving forces for the phased strengthening of the U.S. dollar.\" said Lian Ping, chief economist of Zhixin Investment and director of the institute. Yu Zhang also pointed out that the United States is still insisting on fiscal stimulus, which is beneficial to the economic benefits and inflation of the United States.</p><p>As global commodity prices continue to rise and fluctuate at high levels, U.S. inflation levels have risen significantly. The U.S. CPI announced on June 10 rose 5% year-on-year, hitting a new high in nearly 13 years. The market expects that the Fed's tightening of monetary policy may be imminent. Recently, the the US Dollar Index has encountered strong downward resistance around 90, and it can't break through for a long time. The possibility of a sharp rebound in the future cannot be ruled out.</p><p>\"In the second half of 2021, the expectation of rate hike from the Federal Reserve will return, and the policy window of rate hike will be revealed at the end of the year and early next year.\" Lian Ping said. Yu zhang said that the United States, or the first developed country in the world to shift its monetary policy, has a higher probability of the appreciation of the US dollar. Lian Ping further pointed out that once there is a rate hike in the United States, and my country will most likely not follow up quickly, the interest rate spread between China and the United States will further narrow, and there may even be a periodic reverse interest rate spread, which will push the US dollar to strengthen.</p><p>From the perspective of US dollar liquidity, Dong Qi pointed out that the marginal inflection point of US dollar liquidity is approaching. According to the bond issuance plan announced by the U.S. Treasury Department, the U.S. Treasury Department is expected to significantly increase the net financing scale of the private market to US $821 billion in the third quarter, compared with US $401 billion and US $463 billion in the first two quarters respectively; The U.S. Treasury TGA account will also rise from $450 billion at the end of July to $750 billion in September. Dong Qi pointed out that it can be seen that the U.S. Treasury Department plans to increase the scale of bond issuance in the third quarter, and the TGA account will be re-expanded after bottoming out at the end of July, thus completing the transition from water release to water pumping.</p><p>In addition, Lian Ping also pointed out that at present, the US dollar and the US Treasury Bond market are still important safe havens in the world. Global geopolitical risks will cause international safe-haven funds to favor US dollar bonds, pushing up US dollar demand in stages.</p><p>In the final analysis, economic fundamentals are the decisive factor in the exchange rate. Dong Qi pointed out that as the pace of economic recovery in the United States accelerates, the comparative advantage of China's economic fundamentals will narrow. Tang Jianwei believes that China's economy will be high at first and then low in 2021, while the United States and the world may be low at first and then high. In the second half of the year, the economic growth gap between China and the United States will narrow or put pressure on the RMB exchange rate.</p><p>\"Therefore, although the RMB exchange rate has continued to rise in recent times, it will not go out of the unilateral upward trend, and the RMB exchange rate will face depreciation pressure in the second half of the year.\" Tang Jianwei pointed out that although China's foreign exchange administration has withdrawn from its normalized intervention in the foreign exchange market, it will still guide market expectations through some policy tools and promote the two-way fluctuation characteristics of the RMB exchange rate.</p><p>Pan Gongsheng, Vice Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, spoke at the 13th<a href=\"https://laohu8.com/S/600663\">Lujiazui</a>The forum stated that macro-prudential management and expectation guidance will be strengthened to maintain the basic stability of the RMB exchange rate at a reasonable and balanced level. From the perspective of corporate financial stability, Pan Gongsheng emphasized that corporate exchange rate risk management should adhere to the principle of serving the main business and \"exchange rate risk neutrality\", prudently arrange the currency structure of assets and liabilities, and avoid \"pro-cyclical\" and \"streaking\" behaviors of foreign exchange risk management. Don't bet on the appreciation or depreciation of RMB. If you gamble for a long time, you will lose.</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>Beware of the risk of US dollar rebound, the RMB exchange rate is easy to depreciate but difficult to rise in the second half of the</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\">\nBeware of the risk of US dollar rebound, the RMB exchange rate is easy to depreciate but difficult to rise in the second half of the\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金融时报</strong><span class=\"h-time small\">2021-06-15 08:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p>All signs of universal immunization, economic recovery, rising inflation, and tightening monetary policy are pointing to the final realization of the logic of dollar appreciation. Recently, the trend of RMB exchange rate has affected the nerves of the market. Since the central bank decided to raise the foreign exchange deposit reserve ratio of financial institutions, the exchange rate of RMB against the US dollar has depreciated from the recent high of 6.35 to above 6.39. Market analysts generally believe that the RMB exchange rate is approaching the inflection point of depreciation, and there is a high probability that there will be depreciation pressure in the second half of the year.<img src=\"https://static.tigerbbs.com/89cccc1aedcab6c848cb4f7d42a07318\" tg-width=\"550\" tg-height=\"202\" referrerpolicy=\"no-referrer\">There are many factors affecting the RMB exchange rate, among which the risk of US dollar appreciation will be the most direct one.</p><p>Higher U.S. bond yields in the first quarter of this year pushed the US Dollar Index to appreciate in stages. At the end of March, the US Dollar Index reached a staged high of 93.18. Since then, short-term factors such as faster vaccination in Europe have weakened the US dollar in the past two months, but the US Dollar Index has recently found a strong support level around 90, and the market speculates that this is likely to be the medium-term bottom of the US dollar. Yu zhang, chief macro analyst of Huachuang Securities, predicts that the US dollar will rebound significantly in the medium and long term, and the RMB may be close to the inflection point of depreciation.</p><p>All signs of universal immunization, economic recovery, rising inflation, and tightening monetary policy are pointing to the final realization of the logic of dollar appreciation.</p><p>Developed countries such as the United States are expected to basically achieve herd immunity in the third quarter, and PMIs in Europe and the United States have reached new highs recently.<a href=\"https://laohu8.com/S/601211\">Guotai Junan</a>Dong Qi, chief macro analyst, said that this shows that thanks to vaccination, the momentum of economic recovery is significantly strengthened.<a href=\"https://laohu8.com/S/601328\">Bank of Communications</a>Tang Jianwei, chief researcher of the Center for Financial Research, said that a strong recovery of the U.S. economy in the second half of the year may lead to a strengthening of the U.S. dollar again.</p><p>Recently, 27 states in the United States have announced tightening of unemployment benefits. Dong Qi predicts that the job market will gradually return to the normal repair track and will not constrain the Fed's tightening of monetary policy. It is expected that the Federal Reserve will most likely release a signal of QE reduction in the third quarter.</p><p>At present, the new U.S. government is planning and promoting a new round of fiscal stimulus plan, and plans to launch a $6 trillion fiscal stimulus plan in the near future. \"Although there will be a series of difficulties in the implementation of this plan, considering the optimistic expectations for the future of the U.S. economy and the actual effects of some measures, it may become one of the driving forces for the phased strengthening of the U.S. dollar.\" said Lian Ping, chief economist of Zhixin Investment and director of the institute. Yu Zhang also pointed out that the United States is still insisting on fiscal stimulus, which is beneficial to the economic benefits and inflation of the United States.</p><p>As global commodity prices continue to rise and fluctuate at high levels, U.S. inflation levels have risen significantly. The U.S. CPI announced on June 10 rose 5% year-on-year, hitting a new high in nearly 13 years. The market expects that the Fed's tightening of monetary policy may be imminent. Recently, the the US Dollar Index has encountered strong downward resistance around 90, and it can't break through for a long time. The possibility of a sharp rebound in the future cannot be ruled out.</p><p>\"In the second half of 2021, the expectation of rate hike from the Federal Reserve will return, and the policy window of rate hike will be revealed at the end of the year and early next year.\" Lian Ping said. Yu zhang said that the United States, or the first developed country in the world to shift its monetary policy, has a higher probability of the appreciation of the US dollar. Lian Ping further pointed out that once there is a rate hike in the United States, and my country will most likely not follow up quickly, the interest rate spread between China and the United States will further narrow, and there may even be a periodic reverse interest rate spread, which will push the US dollar to strengthen.</p><p>From the perspective of US dollar liquidity, Dong Qi pointed out that the marginal inflection point of US dollar liquidity is approaching. According to the bond issuance plan announced by the U.S. Treasury Department, the U.S. Treasury Department is expected to significantly increase the net financing scale of the private market to US $821 billion in the third quarter, compared with US $401 billion and US $463 billion in the first two quarters respectively; The U.S. Treasury TGA account will also rise from $450 billion at the end of July to $750 billion in September. Dong Qi pointed out that it can be seen that the U.S. Treasury Department plans to increase the scale of bond issuance in the third quarter, and the TGA account will be re-expanded after bottoming out at the end of July, thus completing the transition from water release to water pumping.</p><p>In addition, Lian Ping also pointed out that at present, the US dollar and the US Treasury Bond market are still important safe havens in the world. Global geopolitical risks will cause international safe-haven funds to favor US dollar bonds, pushing up US dollar demand in stages.</p><p>In the final analysis, economic fundamentals are the decisive factor in the exchange rate. Dong Qi pointed out that as the pace of economic recovery in the United States accelerates, the comparative advantage of China's economic fundamentals will narrow. Tang Jianwei believes that China's economy will be high at first and then low in 2021, while the United States and the world may be low at first and then high. In the second half of the year, the economic growth gap between China and the United States will narrow or put pressure on the RMB exchange rate.</p><p>\"Therefore, although the RMB exchange rate has continued to rise in recent times, it will not go out of the unilateral upward trend, and the RMB exchange rate will face depreciation pressure in the second half of the year.\" Tang Jianwei pointed out that although China's foreign exchange administration has withdrawn from its normalized intervention in the foreign exchange market, it will still guide market expectations through some policy tools and promote the two-way fluctuation characteristics of the RMB exchange rate.</p><p>Pan Gongsheng, Vice Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, spoke at the 13th<a href=\"https://laohu8.com/S/600663\">Lujiazui</a>The forum stated that macro-prudential management and expectation guidance will be strengthened to maintain the basic stability of the RMB exchange rate at a reasonable and balanced level. From the perspective of corporate financial stability, Pan Gongsheng emphasized that corporate exchange rate risk management should adhere to the principle of serving the main business and \"exchange rate risk neutrality\", prudently arrange the currency structure of assets and liabilities, and avoid \"pro-cyclical\" and \"streaking\" behaviors of foreign exchange risk management. Don't bet on the appreciation or depreciation of RMB. If you gamble for a long time, you will lose.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3632888\">金融时报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ab1815ec48bd4c5f20d5928cc3337253","relate_stocks":{"CYB":"人民币ETF-WisdomTree Dreyfus"},"source_url":"https://wallstreetcn.com/articles/3632888","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"2143178705","content_text":"全民免疫、经济复苏、通胀加剧、货币政策收紧，种种迹象都在指向美元升值逻辑的最终实现。\n\n近一段时间以来，人民币汇率走势牵动着市场神经。自央行决定上调金融机构外汇存款准备金率后，人民币对美元汇率已由6.35的近期高点贬至6.39上方。市场分析师普遍认为，人民币汇率趋近贬值拐点，下半年大概率会出现贬值压力。影响人民币汇率的因素是多方面的，其中美元升值风险将是最直接的一项。\n今年一季度美债收益率走高推动美元指数出现阶段性升值，3月末美元指数曾达到93.18的阶段性高点。此后，欧洲疫苗接种较快等短期因素使美元近两月走弱，但美元指数近期已在90附近寻找到强力支撑位，市场猜测这很可能是美元的中期底部。华创证券首席宏观分析师张瑜预计，美元在中长期会有较大反弹，人民币或已接近贬值拐点。\n全民免疫、经济复苏、通胀加剧、货币政策收紧，种种迹象都在指向美元升值逻辑的最终实现。\n美国等发达国家预计将在3季度基本实现群体免疫，近期欧美PMI连创新高。国泰君安首席宏观分析师董琦表示，这表明受益于疫苗接种，经济复苏动能正显著加强。交通银行金融研究中心首席研究员唐建伟表示，下半年美国经济如果强劲复苏可能再次导致美元走强。\n近期美国已有27个州宣布收紧失业金发放，董琦预计，就业市场会逐渐回归正常修复轨道，不会对美联储收紧货币政策形成掣肘。预计美联储大概率将在三季度释放QE缩减的信号。\n目前美国新政府正在筹划和推动新一轮财政刺激计划，计划近期推出6万亿美元的财政刺激方案。“尽管这一计划落实会有一系列困难，但考虑到对美国经济未来的乐观预期和部分举措落地之后带来的实际效应，有可能成为美元阶段性走强的动力之一。”植信投资首席经济学家兼研究院院长连平说。张瑜也指出，美国仍在坚持财政刺激，利好美国的经济效益和通胀。\n随着全球大宗商品价格持续走高并在高位波动，美国通胀水平明显上升。6月10日公布的美国CPI同比大涨5%，创出近13年的新高。市场预计美联储收紧货币政策或已箭在弦上。近日美元指数在90附近遇较强下行阻力，久久不能突破，不排除未来大幅反弹的可能性。\n“2021年下半年，美联储加息的预期将卷土重来，年底和明年初将会显现出加息的政策窗口。”连平说。张瑜说，美国或是全球第一个货币政策转向的发达国家，美元升值概率更高。连平进一步指出，一旦美国加息，而我国大概率不会迅速跟进，中美利差会进一步收窄，甚至可能会出现阶段性的反向利差，其将推动美元走强。\n从美元流动性角度看，董琦指出，美元流动性边际拐点将至。根据美国财政部公布的发债计划，美国财政部预计将在三季度大幅增加私人市场净融资规模至8210亿美元，而前两个季度分别为4010亿和4630亿美元；美国财政部TGA账户也将从7月底的4500亿美元回升至9月的7500亿美元。董琦指出，由此可见，美国财政部计划在三季度加大发债规模，TGA账户将在7月底见底后重新扩容，由此完成放水到抽水的转变。\n此外，连平还指出，目前美元和美国国债市场仍是全球重要的避险港湾。全球地缘政治风险会造成国际避险资金青睐美元债券，阶段性推高美元需求。\n归根结底，经济基本面是汇率的决定性因素。董琦指出，随着美国经济复苏步伐加快，中国经济基本面相对优势将收窄。唐建伟认为，中国经济2021年将是前高后低的走势，而美国和全球可能是前低后高，下半年中美经济增速差缩小或使人民币汇率承压。\n“因此，虽然人民币汇率近一段时间持续走高，但不会走出单边上涨趋势，下半年人民币汇率面临走贬压力。”唐建伟指出，中国外汇管理部门虽然退出对外汇市场的常态化干预，但仍会通过一些政策工具引导市场预期，促成人民币汇率的双向波动特征。\n人民银行副行长、外汇局局长潘功胜在第十三届陆家嘴论坛上表示，将加强宏观审慎管理和预期引导，保持人民币汇率在合理均衡水平上的基本稳定。从企业财务稳健的角度看，潘功胜强调，企业汇率风险管理应坚持服务主业和“汇率风险中性”原则，审慎安排资产负债货币结构，避免外汇风险管理的“顺周期”和“裸奔”行为，不要赌人民币升值或贬值，久赌必输。","news_type":1,"symbols_score_info":{"CNHmain":0.9,"CYB":0.9,"UCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707294,"gmtCreate":1623723676918,"gmtModify":1704209625319,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707294","repostId":"2143867731","repostType":4,"isVote":1,"tweetType":1,"viewCount":1788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707684,"gmtCreate":1623723670848,"gmtModify":1704209625157,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707684","repostId":"1159573154","repostType":4,"repost":{"id":"1159573154","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":1623719404,"share":"https://ttm.financial/m/news/1159573154?lang=en_US&edition=fundamental","pubTime":"2021-06-15 09:10","market":"us","language":"zh","title":"The United States launched a new round of financial sanctions, and Russia fought back strongly: sell dollars!","url":"https://stock-news.laohu8.com/highlight/detail?id=1159573154","media":"券商中国","summary":"拜登与普京会面前夕，美国和俄罗斯已经“掐得不可开交”。\n刚刚，美国对俄罗斯的新一轮金融制裁正式生效。自6月14日起，美国企业被禁止购买首次发行的俄罗斯国债，以欧元计价发行的俄罗斯国债也被纳入了禁止买入","content":"<p>On the eve of Biden's meeting with Putin, the United States and Russia were already \"pinched as bees.\"</p><p>Just now, a new round of financial sanctions imposed by the United States on Russia officially came into effect. Since June 14th, American companies have been banned from buying Russian Treasury Bond issued for the first time, and Russian Treasury Bond issued in euros have also been included in the scope of the ban on buying, which was once called the \"most powerful\" punishment in the financial market.</p><p>Russia's counterattack is also relentless. The Russian Ministry of Finance announced that it will change the structure of the national wealth fund in the next month, reducing the share of the US dollar to zero. At the same time, Russia almost completely emptied the long-term US Treasury Bond.</p><p>The timing of this round of contest between the two sides in the financial market is very sensitive. On June 16, local time, US President Biden will meet with Russian President Vladimir Putin in Geneva, Switzerland, for the US-Russia leaders' summit. On the eve of the summit, the heads of state of both sides had already released \"malicious words\", so the market expected that this meeting would be the most intense political game.</p><p>The \"most powerful\" financial sanctions? The United States puts pressure on Russia again</p><p>According to CCTV news reports, since June 14, the financial sanctions imposed by the United States on Russia have officially come into effect. The U.S. government prohibits domestic companies from buying the initial issue of Russian Treasury Bond (denominated in rubles), and Russian Treasury Bond denominated in euros are also included in the scope of the ban on buying, but American companies are allowed to trade Russian Treasury Bond in the secondary market.</p><p>So, how much impact will this punitive measure, which is regarded as the \"most powerful\" by the financial market, have on the Russian economy?</p><p>First of all, let's look at the scale of Russia's Treasury Bond issuance. According to the latest data from the Russian Federal Audit Office, as of the first quarter of 2021, Russia's Treasury Bond have increased by 741.3 billion rubles (approximately RMB 64.4 billion) compared with the previous quarter. The total scale of Russian debt is as high as 19.7 trillion rubles (approximately RMB 1.71 trillion), accounting for 17% of Russia's GDP.</p><p>At present, foreign investors hold approximately 2,798.9 billion rubles of Russian government bonds, accounting for approximately 14% of the total size of Russian debt. However, this part of the Treasury Bond belongs to the normal trading of the stock in the secondary market and is not subject to the restrictions of the US sanctions.</p><p>In addition, looking at the issuance side of the Russian Treasury Bond, German Gref, president of the Russian Federal Savings Bank, made it clear that Russia's relevant bond issuance plan will be completed on schedule. According to the disclosure of the Russian Ministry of Finance, starting from June 16, Russia will put the first Treasury Bond on the market, and will issue three Treasury Bond worth 500 billion rubles each on the same day.</p><p>Oxford Economics, a British analysis company, believes that since the United States only prohibits the purchase of Russian Treasury Bond in the primary market, the impact of the sanctions on the Russian Treasury Bond market is limited and more symbolic. If the sanctions (imposed by the United States on Russia) affect transactions in the secondary market, the threat effect will be very violent.</p><p>In the face of the U.S. financial sanctions coming into effect, Russian Finance Minister Siluanov also strongly stated that Russia's Treasury Bond will still maintain a high demand rate, and sanctions will only cause losses to U.S. companies.</p><p>In fact, this financial sanctions policy began in mid-April this year, when the U.S. government announced a series of measures to sanction Russia, including prohibiting U.S. companies from purchasing Russia's initial Treasury Bond, but allowing them to buy and sell Russia in the secondary market. Treasury Bond, effective from June 14, 2021.</p><p>At that time, the reasons given by the United States for sanctions were that Russia interfered in the U.S. election, hacked systems and a series of \"hostile acts\". In addition to prohibiting U.S. companies from buying Treasury Bond issued by Russia, it also expelled 10 Russian diplomats, while the U.S. Treasury Department sanctioned 32 Russian entities and individuals.</p><p>Fight back! Is Russia going to sell U.S. dollars and U.S. debt in a big way?</p><p>Russia has begun to \"fight back\" against the financial restrictions of the United States. On June 3, local time, Russian Finance Minister Siluanov said at the St. Petersburg International Economic Forum that the Russian Ministry of Finance will change the structure of the National Wealth Fund within one month, in which the share of the US dollar will be reduced to zero, the share of the British pound will be reduced to 5%, the Japanese yen will remain at 5%, the euro will increase to 40%, the RMB will increase to 30%, and gold will account for 20%.</p><p>It is reported that the Russian National Wealth Fund was established to support the Russian pension system, and its funds can also be used to make up for the budget deficit during the crisis. It has now become an important part of the budget assets of the Russian Federation.</p><p>According to data disclosed by official website, the Russian Ministry of Finance, as of May 1 this year, the total assets of the fund reached US $185.87 billion, or 13.82 trillion rubles (equivalent to RMB 1.2 trillion), accounting for 12% of Russia's GDP.</p><p><img src=\"https://static.tigerbbs.com/fa032108d554b578fd9c7f09ff52c6d4\" tg-width=\"796\" tg-height=\"580\" referrerpolicy=\"no-referrer\"></p><p>As of early May, the fund's liquid assets were worth about $119 billion, of which one-third (about $41.5 billion) were in US dollars. This means that in the next month, the Russian National Wealth Fund will sell dollars sharply.</p><p>On February 24 this year, the Ministry of Finance of the Russian Federation announced that RMB and Japanese yen would be included in the National Wealth Fund, and the two currencies accounted for 15% and 5% of the foreign exchange structure of the fund respectively. At the same time, the shares of the US dollar and euro both fell to 35%, while the share of the British pound remained unchanged at 10%.</p><p>In response to a question about the adjustment of the investment structure of the National Wealth Fund, Russian Presidential Press Secretary Peskov said that de-dollarization is a long-term process visible to the naked eye. Not only Russia is de-dollarizing, but many countries in the world are also doing similar things. Because these countries are beginning to worry about the reliability of major foreign exchange reserve currencies.</p><p>Before March 2018, the US dollar had been one of the most important foreign exchange reserves of the Russian Central Bank, accounting for 43%-48%. Later, due to the increasing tightening of U.S. sanctions on Russian companies and citizens, in order to minimize the risk of sanctions, the Russian Central Bank began to continuously reduce the proportion of the U.S. dollar in foreign exchange reserves. By the end of 2020, the U.S. dollar and U.S. dollar assets in Russia's international reserves The proportion of reserves has dropped to 21.2%, and the proportions of gold and RMB have increased to 23.3% and 12.8%.</p><p>While Russia sold the US dollar, it also reduced its holdings of US Treasury Bond in a \"clearance-style\" manner. According to the latest data released by the U.S. Treasury Department, in February this year, Russia almost completely emptied its long-term U.S. Treasury Bond (only US $306 million left), reduced its holdings of U.S. debt by US $389 million that month, and finally dropped its position to US $5.8 billion. Compared with Russia's highest holdings of U.S. debt, the cumulative selling ratio reached 94%.</p><p>Biden and Putin are about to meet, how to talk about it?</p><p>Behind the secret rivalry between the United States and Russia, perhaps it is for the upcoming summit of leaders of the United States and Russia.</p><p>According to the official website of the White House, US President Biden will meet with Russian President Vladimir Putin in Geneva, Switzerland on June 16, local time.</p><p>At this time, Biden was already in Europe and had just finished attending the G7 summit. After three days of dialogue and consultation, the leaders of the Group of Seven announced that they had reached a certain consensus on fighting the epidemic, rebuilding the economy, trade reform, green transformation, etc. It will be announced in the form of a summit communique.</p><p>The G7 communique mentioned China many times, including Xinjiang, Hong Kong, Taiwan Province and other issues. Subsequently, in response to a reporter's question, the spokesman of the Chinese Embassy in the UK said that the G7 communique made remarks on Xinjiang, Hong Kong, Taiwan Province and other issues that distorted facts and reversed right and wrong, deliberately slandered China and interfered in China's internal affairs. This is a serious violation of the basic norms of international relations and further exposed the sinister intentions of the United States and a few other countries. We are strongly dissatisfied with and resolutely opposed to this.</p><p>India, which is plagued by the epidemic, is also making small calculations. The Global Times quoted foreign media reports that India may join the G7 infrastructure plan, which aims to provide a so-called \"value-driven, high-standard, and transparent\" partnership to counter China's \"One Belt One Road\" initiative.</p><p>If the G7 summit is a game of words behind closed doors, then the US-Russia leaders' summit on June 16 will most likely not make it so easy for Biden. The meeting between Biden and Putin will most likely be The most intense political game.</p><p>In fact, we can smell a strong smell of gunpowder from a series of signals released by the United States and Russia before the meeting.</p><p>On June 6, Biden published a signed article in the Washington Post. The United States does not seek conflict with Russia, but will not hesitate to respond to Russia's harmful activities in the future. When meeting with Putin, it will re-emphasize the commitment of the United States, Europe and like-minded * countries to support human rights and dignity.</p><p>According to CCTV News, on June 4, local time, Russian President Vladimir Putin spoke at the St. Petersburg International Economic Forum. Talking about the upcoming summit of Russia-US leaders, he said that Russia-US relations are at an extremely low level, and he will find ways to solve the problems in the relations between the two countries with US President Biden, and will discuss strategic stability, arms reduction, COVID-19 pandemic pandemic and other issues.</p><p>Putin pointed out that there is no difference between Russia and the United States, but the United States wants to contain Russia's development. He said that the relationship between Russia and the United States has largely become a bargaining chip for the United States to govern its internal affairs, and hoped that this situation would end at some point.</p><p>In addition to the mutual temptation of the two heads of state at the verbal level, the wrestling of military forces between the United States and Russia has also become frequent. On June 11, the National Defense Management Center of the Russian Ministry of Defense announced that the guided missile destroyer \"Labune\" of the US Navy entered the Black Sea, and the Russian Black Sea Fleet had begun to monitor it.</p><p>On the same day, the Pentagon suddenly announced that it would allocate US $150 million in security assistance to Ukraine to help Ukraine maintain its territorial integrity and improve its coordination capabilities with NATO. On the Russian side, the Russian Navy held the largest military exercise since the disintegration of the Soviet Union, showing off its muscles.</p><p>From this point of view, the secret competition between the United States and Russia at the financial and military levels may be to increase the weight of negotiations for the upcoming US-Russia leadership summit.</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>The United States launched a new round of financial sanctions, and Russia fought back strongly: sell dollars!</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe United States launched a new round of financial sanctions, and Russia fought back strongly: sell dollars!\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\">2021-06-15 09:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On the eve of Biden's meeting with Putin, the United States and Russia were already \"pinched as bees.\"</p><p>Just now, a new round of financial sanctions imposed by the United States on Russia officially came into effect. Since June 14th, American companies have been banned from buying Russian Treasury Bond issued for the first time, and Russian Treasury Bond issued in euros have also been included in the scope of the ban on buying, which was once called the \"most powerful\" punishment in the financial market.</p><p>Russia's counterattack is also relentless. The Russian Ministry of Finance announced that it will change the structure of the national wealth fund in the next month, reducing the share of the US dollar to zero. At the same time, Russia almost completely emptied the long-term US Treasury Bond.</p><p>The timing of this round of contest between the two sides in the financial market is very sensitive. On June 16, local time, US President Biden will meet with Russian President Vladimir Putin in Geneva, Switzerland, for the US-Russia leaders' summit. On the eve of the summit, the heads of state of both sides had already released \"malicious words\", so the market expected that this meeting would be the most intense political game.</p><p>The \"most powerful\" financial sanctions? The United States puts pressure on Russia again</p><p>According to CCTV news reports, since June 14, the financial sanctions imposed by the United States on Russia have officially come into effect. The U.S. government prohibits domestic companies from buying the initial issue of Russian Treasury Bond (denominated in rubles), and Russian Treasury Bond denominated in euros are also included in the scope of the ban on buying, but American companies are allowed to trade Russian Treasury Bond in the secondary market.</p><p>So, how much impact will this punitive measure, which is regarded as the \"most powerful\" by the financial market, have on the Russian economy?</p><p>First of all, let's look at the scale of Russia's Treasury Bond issuance. According to the latest data from the Russian Federal Audit Office, as of the first quarter of 2021, Russia's Treasury Bond have increased by 741.3 billion rubles (approximately RMB 64.4 billion) compared with the previous quarter. The total scale of Russian debt is as high as 19.7 trillion rubles (approximately RMB 1.71 trillion), accounting for 17% of Russia's GDP.</p><p>At present, foreign investors hold approximately 2,798.9 billion rubles of Russian government bonds, accounting for approximately 14% of the total size of Russian debt. However, this part of the Treasury Bond belongs to the normal trading of the stock in the secondary market and is not subject to the restrictions of the US sanctions.</p><p>In addition, looking at the issuance side of the Russian Treasury Bond, German Gref, president of the Russian Federal Savings Bank, made it clear that Russia's relevant bond issuance plan will be completed on schedule. According to the disclosure of the Russian Ministry of Finance, starting from June 16, Russia will put the first Treasury Bond on the market, and will issue three Treasury Bond worth 500 billion rubles each on the same day.</p><p>Oxford Economics, a British analysis company, believes that since the United States only prohibits the purchase of Russian Treasury Bond in the primary market, the impact of the sanctions on the Russian Treasury Bond market is limited and more symbolic. If the sanctions (imposed by the United States on Russia) affect transactions in the secondary market, the threat effect will be very violent.</p><p>In the face of the U.S. financial sanctions coming into effect, Russian Finance Minister Siluanov also strongly stated that Russia's Treasury Bond will still maintain a high demand rate, and sanctions will only cause losses to U.S. companies.</p><p>In fact, this financial sanctions policy began in mid-April this year, when the U.S. government announced a series of measures to sanction Russia, including prohibiting U.S. companies from purchasing Russia's initial Treasury Bond, but allowing them to buy and sell Russia in the secondary market. Treasury Bond, effective from June 14, 2021.</p><p>At that time, the reasons given by the United States for sanctions were that Russia interfered in the U.S. election, hacked systems and a series of \"hostile acts\". In addition to prohibiting U.S. companies from buying Treasury Bond issued by Russia, it also expelled 10 Russian diplomats, while the U.S. Treasury Department sanctioned 32 Russian entities and individuals.</p><p>Fight back! Is Russia going to sell U.S. dollars and U.S. debt in a big way?</p><p>Russia has begun to \"fight back\" against the financial restrictions of the United States. On June 3, local time, Russian Finance Minister Siluanov said at the St. Petersburg International Economic Forum that the Russian Ministry of Finance will change the structure of the National Wealth Fund within one month, in which the share of the US dollar will be reduced to zero, the share of the British pound will be reduced to 5%, the Japanese yen will remain at 5%, the euro will increase to 40%, the RMB will increase to 30%, and gold will account for 20%.</p><p>It is reported that the Russian National Wealth Fund was established to support the Russian pension system, and its funds can also be used to make up for the budget deficit during the crisis. It has now become an important part of the budget assets of the Russian Federation.</p><p>According to data disclosed by official website, the Russian Ministry of Finance, as of May 1 this year, the total assets of the fund reached US $185.87 billion, or 13.82 trillion rubles (equivalent to RMB 1.2 trillion), accounting for 12% of Russia's GDP.</p><p><img src=\"https://static.tigerbbs.com/fa032108d554b578fd9c7f09ff52c6d4\" tg-width=\"796\" tg-height=\"580\" referrerpolicy=\"no-referrer\"></p><p>As of early May, the fund's liquid assets were worth about $119 billion, of which one-third (about $41.5 billion) were in US dollars. This means that in the next month, the Russian National Wealth Fund will sell dollars sharply.</p><p>On February 24 this year, the Ministry of Finance of the Russian Federation announced that RMB and Japanese yen would be included in the National Wealth Fund, and the two currencies accounted for 15% and 5% of the foreign exchange structure of the fund respectively. At the same time, the shares of the US dollar and euro both fell to 35%, while the share of the British pound remained unchanged at 10%.</p><p>In response to a question about the adjustment of the investment structure of the National Wealth Fund, Russian Presidential Press Secretary Peskov said that de-dollarization is a long-term process visible to the naked eye. Not only Russia is de-dollarizing, but many countries in the world are also doing similar things. Because these countries are beginning to worry about the reliability of major foreign exchange reserve currencies.</p><p>Before March 2018, the US dollar had been one of the most important foreign exchange reserves of the Russian Central Bank, accounting for 43%-48%. Later, due to the increasing tightening of U.S. sanctions on Russian companies and citizens, in order to minimize the risk of sanctions, the Russian Central Bank began to continuously reduce the proportion of the U.S. dollar in foreign exchange reserves. By the end of 2020, the U.S. dollar and U.S. dollar assets in Russia's international reserves The proportion of reserves has dropped to 21.2%, and the proportions of gold and RMB have increased to 23.3% and 12.8%.</p><p>While Russia sold the US dollar, it also reduced its holdings of US Treasury Bond in a \"clearance-style\" manner. According to the latest data released by the U.S. Treasury Department, in February this year, Russia almost completely emptied its long-term U.S. Treasury Bond (only US $306 million left), reduced its holdings of U.S. debt by US $389 million that month, and finally dropped its position to US $5.8 billion. Compared with Russia's highest holdings of U.S. debt, the cumulative selling ratio reached 94%.</p><p>Biden and Putin are about to meet, how to talk about it?</p><p>Behind the secret rivalry between the United States and Russia, perhaps it is for the upcoming summit of leaders of the United States and Russia.</p><p>According to the official website of the White House, US President Biden will meet with Russian President Vladimir Putin in Geneva, Switzerland on June 16, local time.</p><p>At this time, Biden was already in Europe and had just finished attending the G7 summit. After three days of dialogue and consultation, the leaders of the Group of Seven announced that they had reached a certain consensus on fighting the epidemic, rebuilding the economy, trade reform, green transformation, etc. It will be announced in the form of a summit communique.</p><p>The G7 communique mentioned China many times, including Xinjiang, Hong Kong, Taiwan Province and other issues. Subsequently, in response to a reporter's question, the spokesman of the Chinese Embassy in the UK said that the G7 communique made remarks on Xinjiang, Hong Kong, Taiwan Province and other issues that distorted facts and reversed right and wrong, deliberately slandered China and interfered in China's internal affairs. This is a serious violation of the basic norms of international relations and further exposed the sinister intentions of the United States and a few other countries. We are strongly dissatisfied with and resolutely opposed to this.</p><p>India, which is plagued by the epidemic, is also making small calculations. The Global Times quoted foreign media reports that India may join the G7 infrastructure plan, which aims to provide a so-called \"value-driven, high-standard, and transparent\" partnership to counter China's \"One Belt One Road\" initiative.</p><p>If the G7 summit is a game of words behind closed doors, then the US-Russia leaders' summit on June 16 will most likely not make it so easy for Biden. The meeting between Biden and Putin will most likely be The most intense political game.</p><p>In fact, we can smell a strong smell of gunpowder from a series of signals released by the United States and Russia before the meeting.</p><p>On June 6, Biden published a signed article in the Washington Post. The United States does not seek conflict with Russia, but will not hesitate to respond to Russia's harmful activities in the future. When meeting with Putin, it will re-emphasize the commitment of the United States, Europe and like-minded * countries to support human rights and dignity.</p><p>According to CCTV News, on June 4, local time, Russian President Vladimir Putin spoke at the St. Petersburg International Economic Forum. Talking about the upcoming summit of Russia-US leaders, he said that Russia-US relations are at an extremely low level, and he will find ways to solve the problems in the relations between the two countries with US President Biden, and will discuss strategic stability, arms reduction, COVID-19 pandemic pandemic and other issues.</p><p>Putin pointed out that there is no difference between Russia and the United States, but the United States wants to contain Russia's development. He said that the relationship between Russia and the United States has largely become a bargaining chip for the United States to govern its internal affairs, and hoped that this situation would end at some point.</p><p>In addition to the mutual temptation of the two heads of state at the verbal level, the wrestling of military forces between the United States and Russia has also become frequent. On June 11, the National Defense Management Center of the Russian Ministry of Defense announced that the guided missile destroyer \"Labune\" of the US Navy entered the Black Sea, and the Russian Black Sea Fleet had begun to monitor it.</p><p>On the same day, the Pentagon suddenly announced that it would allocate US $150 million in security assistance to Ukraine to help Ukraine maintain its territorial integrity and improve its coordination capabilities with NATO. On the Russian side, the Russian Navy held the largest military exercise since the disintegration of the Soviet Union, showing off its muscles.</p><p>From this point of view, the secret competition between the United States and Russia at the financial and military levels may be to increase the weight of negotiations for the upcoming US-Russia leadership summit.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cfe8ba21c8b5ac2b562fdf822ed7fcb2","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159573154","content_text":"拜登与普京会面前夕，美国和俄罗斯已经“掐得不可开交”。\n刚刚，美国对俄罗斯的新一轮金融制裁正式生效。自6月14日起，美国企业被禁止购买首次发行的俄罗斯国债，以欧元计价发行的俄罗斯国债也被纳入了禁止买入的范围，一度被称为金融市场“威力最大”的惩罚措施。\n俄罗斯的反击也毫不手软，俄罗斯财政部宣布，将在未来一个月内改变国家财富基金的结构，将美元的份额减少到零，同时俄罗斯几乎完全清空了美国长期国债。\n双方在金融市场的这一轮较量的时点非常敏感，当地时间6月16日，美国总统拜登将与俄罗斯总统普京在瑞士日内瓦会晤，进行美俄领导人峰会。峰会前夕，双方元首都已放出了“狠话”，因此市场预期，这场会晤将是一场最激烈的政治博弈。\n“威力最大”的金融制裁？美国又对俄罗斯施压\n据央视新闻报道，自6月14日起，美国对俄罗斯的金融制裁措施正式生效。美国政府禁止本国企业购买首次发行的俄罗斯国债（以卢布计价），以欧元计价发行的俄罗斯国债也被纳入禁止买入的范围，但允许美国企业在二级市场上交易俄罗斯国债。\n那么，这项被金融市场视为“威力最大”的惩罚措施，将会对俄罗斯经济造成多大的影响呢？\n首先来看，俄罗斯的国债发行规模，据俄罗斯联邦审计署最新数据显示，截至2021年一季度，俄罗斯国债较前一季度增加了7413亿卢布（约合人民币644亿元），俄债总规模高达19.7万亿卢布（约合人民币1.71万亿元），占俄罗斯GDP的比例达到17%。\n目前，外国投资者持有的俄罗斯联邦政府债券约为27989亿卢布，约占俄债总规模的14%，但这部分国债属于存量在二级市场正常交易，并不受美国此次制裁措施的限制。\n另外，再看俄罗斯国债的发行端，俄罗斯联邦储蓄银行行长格尔曼·格列夫明确表示，俄罗斯的相关发债计划将如期完成。据俄罗斯财政部披露，自6月16日起，俄罗斯将向市场投放首次发行的国债，并将于当日发行3款价值分别为5000亿卢布的国债。\n英国分析公司牛津经济认为，由于美国只禁止在一级市场购买俄罗斯国债，因此制裁措施对俄罗斯国债市场影响有限，更多的是象征性影响。如果（美国对俄罗斯的）制裁影响二级市场的交易，那么威胁效果将会非常猛烈。\n面对美国金融制裁措施生效，俄罗斯财政部长西卢安诺夫也强硬表示，俄罗斯国债仍将保持高需求率，制裁只会给美国公司造成损失。\n其实，这项金融制裁政策始于今年4月中旬，当时美国政府宣布了制裁俄罗斯的一系列措施，其中便包括了禁止美国公司购买俄罗斯初始国债，但是可以在二级市场上买卖俄罗斯国债，自2021年6月14日起生效。\n当时，美国给出的制裁理由是，俄罗斯干预美国大选、黑客入侵系统以及一连串的“敌意行为”，除了禁止美国企业购买俄罗斯发行的国债以外，还驱逐了10名俄罗斯外交官，美国财政部则制裁了32个俄罗斯实体和个人。\n反击！俄罗斯要大举抛售美元、美债？\n对于美国的金融限制措施，俄罗斯已经开始“反击”。当地时间6月3日，俄罗斯财政部长西卢安诺夫在圣彼得堡国际经济论坛上表示，俄罗斯财政部将在一个月内改变国家财富基金的结构，其中美元的份额将减少到零，英镑减持到5%，日元保持5%的比例，欧元将增长到40%，人民币增长到30%，黄金则将占比20%。\n据悉，俄罗斯国家财富基金的成立是为了支持俄罗斯养老金体系，其资金也可以用于弥补危机时期的预算赤字，现已经成为了俄罗斯联邦预算资产的重要组成部分。\n据俄罗斯财政部官网披露的数据显示，截至今年5月1日，该基金的资产总额高达1858.7亿美元，即13.82万亿卢布（折合人民币1.2万亿元），占俄罗斯GDP的12%。\n\n截至5月初，该基金的流动性资产大约价值1190亿美元，其中有三分之一（约415亿美元）为美元资产。意味着，未来1个月内，俄罗斯国家财富基金将大幅抛售美元。\n今年2月24日，俄罗斯联邦财政部曾宣布，将人民币和日元纳入国家财富基金，2种货币在该基金外汇结构中占比分别为15%和5%。与此同时，美元和欧元占比均降至35%，而英镑占比仍保持10%不变。\n俄罗斯总统新闻秘书佩斯科夫在回答关于国家财富基金调整投资结构的问题时表示，去美元化是一个长期的肉眼可见的过程，不仅俄罗斯在去美元化，世界上许多国家也在做类似的事情，因为这些国家开始对主要外汇储备货币的可靠性感到担忧。\n在2018年3月之前，美元一直是俄罗斯央行最重要的外汇储备之一，占比一度高达43%-48%。之后，由于美国对俄罗斯企业和公民的制裁日益收紧，为最大程度地降低制裁风险，俄罗斯央行开始不断减少美元在外汇储备中的占比，截止到2020年年底，美元以及美元资产在俄罗斯国际储备中的占比已降至21.2%，黄金和人民币占比提升至23.3%、12.8%。\n俄罗斯抛售美元的同时，更是“清仓式”减持美国国债。据美国财政部最新公布的数据显示，今年2月，俄罗斯就几乎完全清空了美国长期国债（只剩3.06亿美元），当月减持美债3.89亿美元，最终持仓规模降到58亿美元，相比俄罗斯最高持有的美债，累计抛售比例达到94%。\n拜登与普京即将会面，怎么谈？\n美国和俄罗斯双方暗暗较劲的背后，或许是为了即将召开的美俄领导人峰会。\n据美国白宫官网披露，美国总统拜登将于当地时间6月16日与俄罗斯总统普京在瑞士日内瓦会晤。\n此时，拜登已经身在欧洲，刚刚参见完了G7峰会，经过3天的对话和磋商，七国集团领导人宣布，在抗击疫情、重建经济、贸易改革、绿色转型等方面达成一定共识，并以峰会公报形式予以公布。\nG7公报中多次提及中国，更是涉及了新疆、香港、台湾等问题。随后，中国驻英国使馆发言人在答记者问时表示，G7公报在新疆、香港、台湾等问题上发表了歪曲事实、颠倒是非的言论，对中方进行蓄意诬蔑，对中国内政横加干涉，这是对国际关系基本准则的严重违反，进一步暴露出美国等少数国家的险恶用心，我们对此强烈不满和坚决反对。\n被疫情困扰的印度也在打着小算盘，环球时报援引外媒报道，印度可能加入G7基建计划，该计划旨在提供所谓的“价值驱动、高标准、透明”的伙伴关系，对抗中国的“一带一路”倡议。\n如果说，G7峰会是一场关起门来的舌战博弈，那么6月16日的美俄领导人峰会，大概率不会让拜登那么轻松，拜登与普京的会面，大概率将会是一场最激烈的政治博弈。\n其实，从会前美俄双方释放的一系列信号便可以嗅到浓浓的火药味。\n6月6日，拜登在《华盛顿邮报》发表的署名文章，美国不寻求与俄罗斯冲突，但会毫不犹豫地对俄罗斯未来的有害活动做出反应，在与普京见面时，将再次强调美国、欧洲和志同道合的民主国家支持人权和尊严的承诺。\n据央视新闻，当地时间6月4日，俄罗斯总统普京在圣彼得堡国际经济论坛发言。谈及即将到来的俄美领导人峰会，他表示，俄美关系正处于极低水平，将与美国总统拜登寻找解决两国关系问题的方法，将讨论战略稳定、裁减军备、新冠疫情大流行等问题。\n普京指出，俄罗斯与美国没有分歧，只不过美国想要遏制俄罗斯的发展。他表示，俄美两国的关系很大程度上成为了美国治理内政的筹码，并希望这种情况能在某个时候结束。\n除了2位元首在言语层面的相互试探以外，美俄两国的军事力量的角力也变得频繁起来。6月11日，俄罗斯国防部国家防御管理中心发布消息称，美国海军“拉布恩”号导弹驱逐舰进入黑海海域，俄黑海舰队已开始对其进行监视。\n就在同一天，美国五角大楼突然宣布，向乌克兰拨款1.5亿美元的安全援助，以协助乌方维护其领土完整并完善与北约的协同能力。而俄罗斯方面，俄海军举行了苏联解体后最大规模的军演，秀了一把肌肉。\n如此看来，美俄双方在金融、军事层面的暗暗较劲，或许是为了即将召开的美俄领导峰会增加谈判的砝码。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707385,"gmtCreate":1623723664047,"gmtModify":1704209624668,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707385","repostId":"1152475049","repostType":4,"repost":{"id":"1152475049","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":1623720093,"share":"https://ttm.financial/m/news/1152475049?lang=en_US&edition=fundamental","pubTime":"2021-06-15 09:21","market":"sh","language":"zh","title":"Opening: Hang Seng Index opened 0.36% higher, blockchain concept stocks surged","url":"https://stock-news.laohu8.com/highlight/detail?id=1152475049","media":"老虎资讯综合","summary":"6月15日讯，港股三大指数高开，恒指涨0.36%报28842点，国指涨0.32%报10784点，恒生科技指数涨0.57%报8036点。盘面上，体育用品股强势，特步大幅高开近15%，获高瓴投资5亿港元，","content":"<p>On June 15, the three major Hong Kong stock indexes opened higher. The Hang Seng Index rose 0.36% to 28,842 points, the State Index rose 0.32% to 10,784 points, and the Hang Seng Technology Index rose 0.57% to 8036 points.<img src=\"https://static.tigerbbs.com/90276182e30f383cf17ccda84f2625dd\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">On the disk, sporting goods stocks were strong, Xtep opened sharply higher by nearly 15%, received an investment of HK $500 million from Hillhouse, and Anta rose 1.7%; Power stocks, photovoltaic stocks, dairy stocks, and education stocks generally rose.<a href=\"https://laohu8.com/S/02688\">ENN Energy</a>Opened more than 4% higher and hit a record high; Large technology stocks generally rose,<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Rose more than 4%,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Up more than 2%,<a href=\"https://laohu8.com/S/00700\">Tencent</a>Up 1.5%; Pharmaceutical stocks were mixed,<a href=\"https://laohu8.com/S/600196\">Fosun Pharma</a>Open low 2%,<a href=\"https://laohu8.com/S/02186\">Luye Pharma</a>Opened 1.62% higher; Tobacco concept stocks, gold stocks, and Chinese brokerage stocks generally fell.</p><p>Blockchain concept stocks opened higher,<a href=\"https://laohu8.com/S/01611\">Huobi Technology</a>Opened 13.33% higher,<a href=\"https://laohu8.com/S/01499\">Ouke Cloud Chain</a>Opened 11.11% higher,<a href=\"https://laohu8.com/S/01647\">Xiong'an Technology</a>It opened more than 4% higher. Bitcoin crossed $40,000 again on Monday, reaching its highest level in more than two weeks. The world's largest cryptocurrency rose for the second consecutive day on Monday, rising as high as 3.9% to around $40,795 during the session. Since last Friday, Bitcoin has risen by about 9%. The Bloomberg Galaxy Crypto Index, which tracks major cryptocurrencies, rose 7.7% at one point. Musk previously said that when it is confirmed that miners use a reasonable proportion of clean energy (about 50%) and the future trend is improving,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Will resume the Bitcoin deal. Tesla previously sold only 10% of its Bitcoin holdings to test the liquidity of Bitcoin and confirm that it can easily settle without disturbing the market.</p><p><a href=\"https://laohu8.com/S/01368\">Xtep International</a>It opened nearly 15% higher and was subscribed for US $65 million in zero-coupon perpetual convertible bonds by Hillhouse Capital.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opening: Hang Seng Index opened 0.36% higher, blockchain concept stocks surged</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpening: Hang Seng Index opened 0.36% higher, blockchain concept stocks surged\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-15 09:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 15, the three major Hong Kong stock indexes opened higher. The Hang Seng Index rose 0.36% to 28,842 points, the State Index rose 0.32% to 10,784 points, and the Hang Seng Technology Index rose 0.57% to 8036 points.<img src=\"https://static.tigerbbs.com/90276182e30f383cf17ccda84f2625dd\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">On the disk, sporting goods stocks were strong, Xtep opened sharply higher by nearly 15%, received an investment of HK $500 million from Hillhouse, and Anta rose 1.7%; Power stocks, photovoltaic stocks, dairy stocks, and education stocks generally rose.<a href=\"https://laohu8.com/S/02688\">ENN Energy</a>Opened more than 4% higher and hit a record high; Large technology stocks generally rose,<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Rose more than 4%,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Up more than 2%,<a href=\"https://laohu8.com/S/00700\">Tencent</a>Up 1.5%; Pharmaceutical stocks were mixed,<a href=\"https://laohu8.com/S/600196\">Fosun Pharma</a>Open low 2%,<a href=\"https://laohu8.com/S/02186\">Luye Pharma</a>Opened 1.62% higher; Tobacco concept stocks, gold stocks, and Chinese brokerage stocks generally fell.</p><p>Blockchain concept stocks opened higher,<a href=\"https://laohu8.com/S/01611\">Huobi Technology</a>Opened 13.33% higher,<a href=\"https://laohu8.com/S/01499\">Ouke Cloud Chain</a>Opened 11.11% higher,<a href=\"https://laohu8.com/S/01647\">Xiong'an Technology</a>It opened more than 4% higher. Bitcoin crossed $40,000 again on Monday, reaching its highest level in more than two weeks. The world's largest cryptocurrency rose for the second consecutive day on Monday, rising as high as 3.9% to around $40,795 during the session. Since last Friday, Bitcoin has risen by about 9%. The Bloomberg Galaxy Crypto Index, which tracks major cryptocurrencies, rose 7.7% at one point. Musk previously said that when it is confirmed that miners use a reasonable proportion of clean energy (about 50%) and the future trend is improving,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Will resume the Bitcoin deal. Tesla previously sold only 10% of its Bitcoin holdings to test the liquidity of Bitcoin and confirm that it can easily settle without disturbing the market.</p><p><a href=\"https://laohu8.com/S/01368\">Xtep International</a>It opened nearly 15% higher and was subscribed for US $65 million in zero-coupon perpetual convertible bonds by Hillhouse Capital.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5b3b5e72649367d0aafd9bcbbca9bcd1","relate_stocks":{"513600":"恒生指数ETF","02833":"恒指ETF","HSI":"恒生指数"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152475049","content_text":"6月15日讯，港股三大指数高开，恒指涨0.36%报28842点，国指涨0.32%报10784点，恒生科技指数涨0.57%报8036点。盘面上，体育用品股强势，特步大幅高开近15%，获高瓴投资5亿港元，安踏涨1.7%；电力股、光伏股、乳业股、教育股普遍上涨，新奥能源高开逾4%创历史新高；大型科技股普涨，网易大涨逾4%，阿里巴巴涨超2%，腾讯涨1.5%；医药股涨跌不一，复星医药低开2%，绿叶制药高开1.62%；烟草概念股、黄金股、中资券商股普跌。\n区块链概念股高开，火币科技高开13.33%，欧科云链高开11.11%，雄岸科技高开逾4%。比特币周一再次迈过40000美元，达到两周多以来最高水平。这种全球最大加密货币周一连续第二天上扬，盘中最高涨3.9%，至40795美元左右。上周五以来，比特币已累计上涨约9%。跟踪主要加密货币的彭博Galaxy加密货币指数一度上涨7.7%。此前马斯克称，在确认矿工使用合理比例的清洁能源(约50%)，且未来趋势向好时，特斯拉将会恢复比特币交易。特斯拉此前仅出售了10%的比特币持仓，是为了测试比特币的流动性，确认能够在不扰动市场的情况下轻松地结算。\n特步国际高开近15%，获高瓴资本认购6500万美元零息永续可转债。","news_type":1,"symbols_score_info":{"513600":0.9,"02833":0.9,"MCHmain":0.9,"HHImain":0.9,"HSI":0.9,"HSImain":0.9,"MHImain":0.9}},"isVote":1,"tweetType":1,"viewCount":1369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707969,"gmtCreate":1623723656451,"gmtModify":1704209624505,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707969","repostId":"1169775175","repostType":4,"repost":{"id":"1169775175","kind":"news","pubTimestamp":1623721687,"share":"https://ttm.financial/m/news/1169775175?lang=en_US&edition=fundamental","pubTime":"2021-06-15 09:48","market":"sh","language":"zh","title":"The legendary \"Yang Wanwan\" passed away, and the enterprising spirit of retail investors continued","url":"https://stock-news.laohu8.com/highlight/detail?id=1169775175","media":"第一财经","summary":"有“中国第一股民”之称的资深投资者杨怀定，于6月13日去世，享年71岁。\n近十多年来，杨怀定逐渐淡出了人们的视野，但在上海滩，“杨百万”的故事经久流传。在A股市场，跟随他的脚步入市交易的投资者数不胜数","content":"<p><div>Yang Huaiding, a veteran investor known as \"China's No. 1 shareholder\", died on June 13th at the age of 71. In the past ten years, Yang Huaiding has gradually faded out of people's field of vision, but in Shanghai, the story of \"Yang Wanwan\" has been circulating for a long time. In the A-share market, countless investors have followed in his footsteps and entered the market. He has many labels on his body, such as \"Yang Million\" who made a fortune by reselling treasury bills, \"stock god\" who is steady and ruthless in bargain hunting, and \"big brother\" of grassroots investors... However, Yang Huaiding, who is under these \"Jianghu titles\", is an ordinary person who is diligent, enterprising and eager to change his destiny by his own efforts. On his...</p><p><a href=\"https://m.yicai.com/news/101081647.html\">Web link</a></div></p>","source":"dyvj","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The legendary \"Yang Wanwan\" passed away, and the enterprising spirit of retail investors continued</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe legendary \"Yang Wanwan\" passed away, and the enterprising spirit of retail investors continued\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">第一财经</strong><span class=\"h-time small\">2021-06-15 09:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Yang Huaiding, a veteran investor known as \"China's No. 1 shareholder\", died on June 13th at the age of 71. In the past ten years, Yang Huaiding has gradually faded out of people's field of vision, but in Shanghai, the story of \"Yang Wanwan\" has been circulating for a long time. In the A-share market, countless investors have followed in his footsteps and entered the market. He has many labels on his body, such as \"Yang Million\" who made a fortune by reselling treasury bills, \"stock god\" who is steady and ruthless in bargain hunting, and \"big brother\" of grassroots investors... However, Yang Huaiding, who is under these \"Jianghu titles\", is an ordinary person who is diligent, enterprising and eager to change his destiny by his own efforts. On his...</p><p><a href=\"https://m.yicai.com/news/101081647.html\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://m.yicai.com/news/101081647.html\">第一财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9b2e5e430b4abd61e3de4ad2d5a171fc","relate_stocks":{},"source_url":"https://m.yicai.com/news/101081647.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169775175","content_text":"有“中国第一股民”之称的资深投资者杨怀定，于6月13日去世，享年71岁。\n近十多年来，杨怀定逐渐淡出了人们的视野，但在上海滩，“杨百万”的故事经久流传。在A股市场，跟随他的脚步入市交易的投资者数不胜数。\n他身上有诸多标签，倒卖国库券发家的“杨百万”、抄底稳准狠的“股神”、草根股民的“带头大哥”……不过，在这些“江湖封号”之下的杨怀定，是一位勤奋、进取、渴望靠自己的努力改变命运的普通人。\n在他的身上，也可以看到中国证券市场散户投资文化长盛不衰的原因。\n“我们早期的投资者，有些表达能力较弱、文化程度不高，比如杨百万，中学都没毕业，但早年他就看到国库券交易的机会，上海有柜台交易，安徽、贵州、四川没有，跑去低价买了，回来市场上卖掉。”上海证券交易所首任总经理尉文渊此前接受第一财经采访时曾评价称，中国的散户投资者，极其渴望学习，善于学习。\n在中国资本市场三十年进程中，有人盈利，有人亏损，有人跟风听消息，也有人铤而走险搞内幕、搞操纵。但是，更有许许多多的散户投资者，作为幼小的个体，却依靠个人的才智、学习，以及风险的承担，在股市中找到了改变人生的可能性。\n成为“杨百万”\n在三十多年前那个“摸着石头过河”的年代，只要你敢于尝试，一不小心就会成为某个领域的“第一人”。杨怀定就是如此。\n他在成为“第一股民”之前，先成为了“国库券异地交易第一人”。\n杨怀定1988年因故从上海某工厂离职，之后开始自谋职业。据前上交所研究中心研究员陆一记录，《回眸中国股市1984-2000》一书中曾有杨怀定对自己交易国库券始末的详细记述。\n“开始我并没想到要做国库券买卖。我看到《新民晚报》上一篇报道，说温州实行利率开放，利息可以高到13%。”杨怀定称，自己确认消息属实后，就想去温州存钱。但是，到温州去的船票刚买好，他又看到上海报纸登消息称，上海要开放国债交易。\n于是，就有了后来为人所熟知的一幕——1988年4月21日，上海国债市场开市交易，杨怀定一早到场，在别人都不敢买的时候果断买进，当天下午抛掉，赚入800块钱，这个数目相当于他辞职前一年的工资。\n初尝胜果的杨怀定大受鼓舞。他发现不同试点城市之间，国库券差价很大，而金融机构之间的国库券禁止流通。于是，杨怀定开始做国库券异地交易。\n由于国库券行情不公开，杨怀定就到上海图书馆，挨个查找各省市的报纸。比如查到安徽合肥开盘94元，卖出98元，他就连夜上合肥买来，然后再回上海卖掉。\n“我没日没夜地乘火车在全国跑。”杨怀定发现，什么地方穷，什么地方就更便宜，不同地方差价可以大到每百元国库券超过10元。\n在后来接受采访时，他说：“人家当时就问我，你累不累呀？我说不累呀，这干一天就是几年的工资啊！”\n成为“第一股民”\n国库券交易让杨怀定获得了巨大的财富，同时，也让他坚定了自己的投资方向，即紧跟改革开放的步伐，抓住趋势性机会。\n1989年，杨怀定意识到政策的重点转向支持资本市场，于是开始投资股票。\n早上8点起床，听电台财经新闻，9点15打开电脑看行情，11点半到1点午饭休息，1点到3点看行情，3点以后看电脑资讯，5点看晚报，5点50看中央台财经报道，8点看书，10点复盘，每天花在股市的时间不少于8小时。这是杨怀定做股票之后的每日例行安排。\n自证券市场建立以来，A股经历多次大幅波动，多轮牛熊，杨怀定幸运的躲过几次危机，不少股民奉之为“神”，但实际上，他也曾不止一次走到绝望边缘。\n在股票市场，真正能够笑到最后的投资者，往往不是做对选择最多人的，而是做错选择最少的人。一次错误的决策，就可能让多年积累的财富化为泡影。\n1992年下半年开始，A股经历开市以来第一次最大熊市。\n上证指数一路从1400多点跌至400多点。然后，杨怀定判断，股市已经跌得差不多了，于是进场抄底，但没想到，股市继续下跌，杨怀定日渐开始“绝望”。\n1994年7月29日，上证指数最低探至325.89点。\n杨怀定后来接受采访时回忆称：“就在我最绝望的那一天，我跟我太太讲，我还有20万现金，不买股票了，你放着，不知道哪一天会涨了。”\n然而，1994年7月30日，中国证监会宣布“救市”，并出台三大“救市”措施：年内暂停新股发行与上市；严格控制上市公司配股规模；采取措施扩大入市资金范围。\n随后，A股市场出现“8月狂潮”。仅用了两周时间，杨怀定手中股票的市值就翻了四倍。这让杨怀定在股票市场再次声名大振。\n有人说，杨怀定是凭借自己的分析能力，敏锐地觉察到管理层即将出台救市政策。但事实是否如此呢？\n“我耳朵蛮大的，人家讲我是福将。”杨怀定回忆起自己的此次战绩时曾如此调侃。但实际上，杨怀定此前曾参与过交易所的相关座谈会，对救市政策即将出台有所察觉。\n他后来公开说：“出了三大救市政策，很多人就知道我，分析能力特别强。其实，开过会的，呵呵。”\n成为“合法投资者”\n事实上，在成为“杨百万”和“第一股民”之前，杨怀定首先是成为一名“合法投资者”。\n在资本市场从草莽走向规范的进程中，显赫一时的“弄潮儿”跌下神坛的故事并不罕见。作为多个市场创新领域的“第一人”，杨怀定能够一路走到最后，与他从一开始就主动寻求遵守法律法规的意识密切相关。\n早在做国库券交易时期，杨怀定就意识到，自己的行为受到了监管部门的注意，并对合法性存在一定争议。\n“后来我（国库券交易）进出都是上百万元了，银行开始注意我了，内部有争论。”杨怀定后来回忆称，当时争议有两个，一是他的行为是否属于经营金融，二是算不算投机倒把。\n为了弄清楚此二问题，杨怀定就到中国人民银行去做“人民来访”。“接待人问我啥事。我说我有些金融法规‘搞不清爽’，想主动接受党和政府的教育。”杨怀定称。\n此次去“人民来访”并没有完全打消他交易国库券的疑虑。一方面害怕政策有变，另一方面，也害怕大笔资金随身携带不安全，他又做了一件空前的创举——跑到公安局去，说“现在改革开放了，我要从事国库券交易，能否请保安人员”。最后，杨怀定开创了上海第一例私人聘任公安任保安人员的先例。\n不过，杨怀定此举的深层用意，仍然是为了寻求合法。\n“我其实还有一个想法：中国人民银行如果认为我不合法，那么现在公安人员跟着我，我怎么做买卖的他们都看得见，有事你们可以去问公安局。”杨怀定后来称。\n不仅如此，赚了钱之后，杨怀定担心以后被说偷税漏税，于是1989年他又跑到税务局，咨询是否需要缴税。\n“当时有关部门认为有几种人赚钱最多，我的名字排在第四位：上海市民杨怀定，利用国债买卖获取暴利。我马上跑到税务局咨询是否要交税。税务局的同志讲，我们早知道你了，并且表扬我主动上门报税。”杨怀定回忆称，报纸后来登了消息：上海市民杨怀定主动报税。\n凭借早年的声名累积和几十年的股市交易，杨怀定生前追随者众多。\n在杨怀定去世之后，有不少人士公开悼念。有人缅怀杨怀定个人早年的股海沉浮，更有人感慨中国改革开放大浪淘沙。\n如今，中国已成为世界第二大经济体，股票、债券市场规模也均达到全球第二，市场基础制度也已经走过了多个阶段，进入更加市场化、法制化、国际化的新时代。\n机构在资本市场的力量，必将越来越壮大，但中国证券市场独有的散户投资文化短期并不会消失。传奇人物已逝，散户精神不息。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184704508,"gmtCreate":1623723646704,"gmtModify":1704209624016,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184704508","repostId":"1112473662","repostType":4,"repost":{"id":"1112473662","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":1623721000,"share":"https://ttm.financial/m/news/1112473662?lang=en_US&edition=fundamental","pubTime":"2021-06-15 09:36","market":"sh","language":"zh","title":"Angel of the Times has a winning rate of 1.5% in one lot, and 750 lots are subscribed to secure one lot","url":"https://stock-news.laohu8.com/highlight/detail?id=1112473662","media":"老虎资讯综合","summary":"6月15日消息，本周二时代天使发布公告，公司发行1682.96万股股份，每股定价173港元，每手200股，预期将于6月16日上市。\n公开发售阶段时代天使获2079.16倍认购，分配至公开发售的发售股份","content":"<p>News on June 15, this Tuesday<a href=\"https://laohu8.com/S/06699\">Angel of the Times</a>According to the announcement, the company issued 16.8296 million shares, priced at HK $173 per share, with 200 shares per lot, and is expected to be listed on June 16.</p><p>During the public offering stage, Times Angel was subscribed 2079.16 times, and the final number of offer shares allocated to the public offering was 8.4148 million shares, accounting for 50% of the total number of offer shares (before any over-allotment option is exercised). A total of 792,388 valid applications were received, with a winning rate of 1.5% for one lot, and 750 subscriptions were secure for one lot.</p><p>In addition, the international offering was significantly oversubscribed, and the final number of shares on offer was 8,414,800 shares (excluding over-allocated shares), equivalent to 50% of the total number of shares on offer. The relevant data of Tiger Information Collation is as follows:<img src=\"https://static.tigerbbs.com/59668ed8a0d3f43ea5d4bac2319b2d55\" tg-width=\"701\" tg-height=\"589\" referrerpolicy=\"no-referrer\"><b>Subscription ladder:</b></p><p>There are 200 shares per lot, and the admission fee is HK $34,948.66. The winning rate of one lot is 1.5%, and the subscription rate of 750 lots is stable.</p><p>The threshold for Group B is 30,000 shares, and the funds required for subscription are about HK $5,242,299.63.<img src=\"https://static.tigerbbs.com/ba283b41439eead634c95e73e52b3b68\" tg-width=\"1110\" tg-height=\"808\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/6251941867d64b573d06a4dc4f827636\" tg-width=\"573\" tg-height=\"700\" referrerpolicy=\"no-referrer\"></p><p>It is reported that the company is China's leading provider of invisible orthodontic solutions. According to the CIC Consulting report, China's invisible orthodontic solution market is highly concentrated. Based on the number of cases achieved in 2020, the total market share of the top two market players is 82.4%. According to the same information, the company's market share in the same year was approximately 41.0%.</p><p>During the performance record period, the number of dental surgeons served by the company increased from approximately 11,500 in 2018 to approximately 15,800 in 2019, and further increased to 19,900 in 2020. The number of completed cases of the company increased from approximately 77,700 in 2018 to approximately 120,100 in 2019, and further increased to 137,600 in 2020.</p><p>In terms of financial status, in 2018, 2019 and 2020, the company's revenue was RMB 488 million, RMB 646 million and RMB 817 million respectively, with a compound growth rate of 29.26% from 2018 to 2020; The net profit was 58.2 million yuan, 67.7 million yuan and 151 million yuan respectively, with a compound growth rate of 61.07% from 2018 to 2020; Adjusted EBITDA (non-IFRS measurement) for the same period was 129 million yuan, 175 million yuan and 297 million yuan respectively.</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>Angel of the Times has a winning rate of 1.5% in one lot, and 750 lots are subscribed to secure one lot</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\">\nAngel of the Times has a winning rate of 1.5% in one lot, and 750 lots are subscribed to secure one lot\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-15 09:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>News on June 15, this Tuesday<a href=\"https://laohu8.com/S/06699\">Angel of the Times</a>According to the announcement, the company issued 16.8296 million shares, priced at HK $173 per share, with 200 shares per lot, and is expected to be listed on June 16.</p><p>During the public offering stage, Times Angel was subscribed 2079.16 times, and the final number of offer shares allocated to the public offering was 8.4148 million shares, accounting for 50% of the total number of offer shares (before any over-allotment option is exercised). A total of 792,388 valid applications were received, with a winning rate of 1.5% for one lot, and 750 subscriptions were secure for one lot.</p><p>In addition, the international offering was significantly oversubscribed, and the final number of shares on offer was 8,414,800 shares (excluding over-allocated shares), equivalent to 50% of the total number of shares on offer. The relevant data of Tiger Information Collation is as follows:<img src=\"https://static.tigerbbs.com/59668ed8a0d3f43ea5d4bac2319b2d55\" tg-width=\"701\" tg-height=\"589\" referrerpolicy=\"no-referrer\"><b>Subscription ladder:</b></p><p>There are 200 shares per lot, and the admission fee is HK $34,948.66. The winning rate of one lot is 1.5%, and the subscription rate of 750 lots is stable.</p><p>The threshold for Group B is 30,000 shares, and the funds required for subscription are about HK $5,242,299.63.<img src=\"https://static.tigerbbs.com/ba283b41439eead634c95e73e52b3b68\" tg-width=\"1110\" tg-height=\"808\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/6251941867d64b573d06a4dc4f827636\" tg-width=\"573\" tg-height=\"700\" referrerpolicy=\"no-referrer\"></p><p>It is reported that the company is China's leading provider of invisible orthodontic solutions. According to the CIC Consulting report, China's invisible orthodontic solution market is highly concentrated. Based on the number of cases achieved in 2020, the total market share of the top two market players is 82.4%. According to the same information, the company's market share in the same year was approximately 41.0%.</p><p>During the performance record period, the number of dental surgeons served by the company increased from approximately 11,500 in 2018 to approximately 15,800 in 2019, and further increased to 19,900 in 2020. The number of completed cases of the company increased from approximately 77,700 in 2018 to approximately 120,100 in 2019, and further increased to 137,600 in 2020.</p><p>In terms of financial status, in 2018, 2019 and 2020, the company's revenue was RMB 488 million, RMB 646 million and RMB 817 million respectively, with a compound growth rate of 29.26% from 2018 to 2020; The net profit was 58.2 million yuan, 67.7 million yuan and 151 million yuan respectively, with a compound growth rate of 61.07% from 2018 to 2020; Adjusted EBITDA (non-IFRS measurement) for the same period was 129 million yuan, 175 million yuan and 297 million yuan respectively.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/22fb0a544aa253b668379d9f58bbe5a9","relate_stocks":{"06699":"时代天使"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112473662","content_text":"6月15日消息，本周二时代天使发布公告，公司发行1682.96万股股份，每股定价173港元，每手200股，预期将于6月16日上市。\n公开发售阶段时代天使获2079.16倍认购，分配至公开发售的发售股份最终数目为841.48万股，占发售股份总数的50%（任何超额配股权获行使前）。合共接获792388份有效申请，一手中签率1.5%，认购750手稳中一手。\n此外，国际发售获大幅超额认购，发售股份最终数目为841.48万股（不包括超额分配股份），相当于发售股份总数的50%。老虎资讯整理相关数据如下表：申购阶梯：\n每手200股，入场费34948.66港元。一手中签率1.5%，认购750手稳中一手。\n乙组门槛为3万股，申购所需资金约5242299.63港元。\n据悉，公司是中国领先的隐形矫治解决方案提供商。根据灼识咨询报告，中国的隐形矫治解决方案市场高度集中，按2020年的达成案例计量，前两大市场参与者的市场占有率总计为82.4%。据同一份资料显示，公司于同年的市场份额为约41.0%。\n于业绩纪录期，公司服务的牙科医生人数由2018年的约1.15万名增至2019年的约1.58万名，并进一步增至2020年的1.99万名。公司的达成案例由2018年的约7.77万个增至2019年的约12.01万个，并进一步增至2020年的13.76万个。\n财务状况方面，于2018年、2019年及2020年，公司的收入分别为人民币4.88亿元、6.46亿元及8.17亿元，2018~2020年的复合增长率达29.26%；净利润分别为5820万元、6770万元及1.51亿元，2018~2020年的复合增长率达61.07%；同期经调整EBITDA（非国际财务报告准则计量）分别为1.29亿元、1.75亿元及2.97亿元。","news_type":1,"symbols_score_info":{"06699":0.9}},"isVote":1,"tweetType":1,"viewCount":2043,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188665565,"gmtCreate":1623433421657,"gmtModify":1704203715529,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188665565","repostId":"1156959915","repostType":4,"repost":{"id":"1156959915","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":1623429803,"share":"https://ttm.financial/m/news/1156959915?lang=en_US&edition=fundamental","pubTime":"2021-06-12 00:43","market":"us","language":"zh","title":"Tiger Securities helped BOSS Zhipin land on Nasdaq, opening up 75% on the first day","url":"https://stock-news.laohu8.com/highlight/detail?id=1156959915","media":"老虎资讯综合","summary":"北京时间6月12日，BOSS直聘登陆纳斯达克，首日开涨75%。\n老虎证券作为互联网承销商，与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面，展现出老虎证券作为头部互联网科","content":"<p>On June 12, Beijing time, BOSS Zhipin landed on Nasdaq, and opened up 75% on the first day.<img src=\"https://static.tigerbbs.com/57551fd25362c75885fbb928efe43f8a\"></p><p>As an Internet underwriter, Tiger Securities is listed on the cover of the BOSS direct recruitment prospectus with Goldman Sachs, Morgan Stanley, UBS, Huaxing, Haitong and other internationally renowned banks, showing Tiger Securities' influence as a leading Internet technology investment bank.<br></p><p><br></p><p>According to the latest prospectus information, BOSS Zhipin will publicly issue 48 million American Depositary Shares (ADS) at an issue price of US $19 per share, raising approximately US $912 million, and the total market value was US $7.599 billion at the opening.</p><p>This valuation has exceeded the sum of 51job, which has a public valuation of US $5 billion, and Zhaopin Recruitment, which can only have a valuation of US $1.7 billion in the private equity fund market due to delisting, making it the highest-valued Chinese recruitment platform.</p><p>Of course, being able to achieve such a high valuation shows to a certain extent that BOSS Zhipin also has its own financial performance and has been recognized by the capital market.</p><p><b>FINANCIAL</b></p><p>The recent financial performance of BOSS Zhipin can be summarized as follows: the revenue growth momentum is strong; Gross profit growth was strong and gross margin remained stable; Although the operating profit is low, it has turned losses into profits; Operating cash flow skyrocketed.</p><p>Specifically, BOSS Zhipin's revenue in 2020 reached US $298 million, a surge of 95.4% compared with US $152 million in 2019. In the first quarter of 2021, the company's revenue reached US $120 million, a year-on-year increase. As high as 178.9%.</p><p>The gross profit of BOSS direct recruitment will be US $261 million in 2020, an increase of 98.7% compared with US $131 million in 2019, and will reach US $104 million in the first quarter of 2021, a year-on-year increase of 178.4%. At the same time, in the first quarter of 2019, 2020 and 2021, the company's gross profit margins were 86.20%, 87.65% and 86.45% respectively, remaining almost unchanged.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin achieved operating profits of US $392,800, US $1.356 million, and US $350,000, and US $400,000 respectively, with operating profit margins of 0.3%, 0.5%, and 0.3% respectively. During the same period, the company's net losses were US $112 million, US $188 million and US $40.972 million respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS's direct operating cash flow was-16.1318 million US dollars, 60.676 million US dollars, and 25.235 million US dollars, respectively.</p><p>As of March 31, 2021, BOSS Zhipin held cash of US $626 million and liabilities of US $332 million. For the twelve months ended March 31, 2021, the Company had free cash flow of $102 million.</p><p><b>Study Analysis</b></p><p>BOSS Zhipin hopes to get the support of the US capital market to help them continue to expand in the Chinese market.</p><p>Judging from the company's financial performance, their revenue and gross profit margin have grown rapidly, and their operations have turned losses into profits. Free cash flow as of March 31, 2021 was impressive at over $101 million.</p><p>In China, providing online recruitment services for job seekers and employers has a huge market size and a promising prospect.</p><p>Goldman Sachs is the leading underwriter of this transaction. In the past twelve months, the company has led the underwriting of IPO stocks, with an average return rate of 42.9%, which is at the middle level in the comparison of the performance of all major underwriters in the same period.</p><p>The number one risk facing BOSS Direct Recruitment is that the company may face a series of competitive pressures, such as talent networks, or other mainstream international recruitment companies entering their markets, and once these become a reality, they will threaten their growth prospects, or force them to significantly increase marketing spending and suppress profitability.</p><p>China's various online businesses with high profit margins often end up attracting a large number of competitors, and the most important means of competition is a price war, which is obviously not good news for the future return of stocks.</p><p>From a valuation perspective, the price offered by BOSS Zhipin for U.S. IPO investors means that the company's enterprise value-to-revenue ratio is around 19.2. Although this figure is higher than the current overall level of software-as-a-service stocks, BOSS Zhipin's revenue growth momentum is even stronger, they have crossed the profitability threshold at the operational level and generated considerable free cash flow.</p><p>Therefore, although the IPO price of BOSS direct recruitment is not low, this stock is still worthy of attention for those investors who are interested in the growth prospects of China's online recruitment market.</p><p><img src=\"https://static.tigerbbs.com/361ada34c84eeaafbb2e860b6eb0db6f\"></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>Tiger Securities helped BOSS Zhipin land on Nasdaq, opening up 75% on the first day</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.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\">\nTiger Securities helped BOSS Zhipin land on Nasdaq, opening up 75% on the first day\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-12 00:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 12, Beijing time, BOSS Zhipin landed on Nasdaq, and opened up 75% on the first day.<img src=\"https://static.tigerbbs.com/57551fd25362c75885fbb928efe43f8a\"></p><p>As an Internet underwriter, Tiger Securities is listed on the cover of the BOSS direct recruitment prospectus with Goldman Sachs, Morgan Stanley, UBS, Huaxing, Haitong and other internationally renowned banks, showing Tiger Securities' influence as a leading Internet technology investment bank.<br></p><p><br></p><p>According to the latest prospectus information, BOSS Zhipin will publicly issue 48 million American Depositary Shares (ADS) at an issue price of US $19 per share, raising approximately US $912 million, and the total market value was US $7.599 billion at the opening.</p><p>This valuation has exceeded the sum of 51job, which has a public valuation of US $5 billion, and Zhaopin Recruitment, which can only have a valuation of US $1.7 billion in the private equity fund market due to delisting, making it the highest-valued Chinese recruitment platform.</p><p>Of course, being able to achieve such a high valuation shows to a certain extent that BOSS Zhipin also has its own financial performance and has been recognized by the capital market.</p><p><b>FINANCIAL</b></p><p>The recent financial performance of BOSS Zhipin can be summarized as follows: the revenue growth momentum is strong; Gross profit growth was strong and gross margin remained stable; Although the operating profit is low, it has turned losses into profits; Operating cash flow skyrocketed.</p><p>Specifically, BOSS Zhipin's revenue in 2020 reached US $298 million, a surge of 95.4% compared with US $152 million in 2019. In the first quarter of 2021, the company's revenue reached US $120 million, a year-on-year increase. As high as 178.9%.</p><p>The gross profit of BOSS direct recruitment will be US $261 million in 2020, an increase of 98.7% compared with US $131 million in 2019, and will reach US $104 million in the first quarter of 2021, a year-on-year increase of 178.4%. At the same time, in the first quarter of 2019, 2020 and 2021, the company's gross profit margins were 86.20%, 87.65% and 86.45% respectively, remaining almost unchanged.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin achieved operating profits of US $392,800, US $1.356 million, and US $350,000, and US $400,000 respectively, with operating profit margins of 0.3%, 0.5%, and 0.3% respectively. During the same period, the company's net losses were US $112 million, US $188 million and US $40.972 million respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS's direct operating cash flow was-16.1318 million US dollars, 60.676 million US dollars, and 25.235 million US dollars, respectively.</p><p>As of March 31, 2021, BOSS Zhipin held cash of US $626 million and liabilities of US $332 million. For the twelve months ended March 31, 2021, the Company had free cash flow of $102 million.</p><p><b>Study Analysis</b></p><p>BOSS Zhipin hopes to get the support of the US capital market to help them continue to expand in the Chinese market.</p><p>Judging from the company's financial performance, their revenue and gross profit margin have grown rapidly, and their operations have turned losses into profits. Free cash flow as of March 31, 2021 was impressive at over $101 million.</p><p>In China, providing online recruitment services for job seekers and employers has a huge market size and a promising prospect.</p><p>Goldman Sachs is the leading underwriter of this transaction. In the past twelve months, the company has led the underwriting of IPO stocks, with an average return rate of 42.9%, which is at the middle level in the comparison of the performance of all major underwriters in the same period.</p><p>The number one risk facing BOSS Direct Recruitment is that the company may face a series of competitive pressures, such as talent networks, or other mainstream international recruitment companies entering their markets, and once these become a reality, they will threaten their growth prospects, or force them to significantly increase marketing spending and suppress profitability.</p><p>China's various online businesses with high profit margins often end up attracting a large number of competitors, and the most important means of competition is a price war, which is obviously not good news for the future return of stocks.</p><p>From a valuation perspective, the price offered by BOSS Zhipin for U.S. IPO investors means that the company's enterprise value-to-revenue ratio is around 19.2. Although this figure is higher than the current overall level of software-as-a-service stocks, BOSS Zhipin's revenue growth momentum is even stronger, they have crossed the profitability threshold at the operational level and generated considerable free cash flow.</p><p>Therefore, although the IPO price of BOSS direct recruitment is not low, this stock is still worthy of attention for those investors who are interested in the growth prospects of China's online recruitment market.</p><p><img src=\"https://static.tigerbbs.com/361ada34c84eeaafbb2e860b6eb0db6f\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3aee31599ee7010691cc73f0ff8ac182","relate_stocks":{"BZ":"BOSS直聘"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156959915","content_text":"北京时间6月12日，BOSS直聘登陆纳斯达克，首日开涨75%。\n老虎证券作为互联网承销商，与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面，展现出老虎证券作为头部互联网科技投行的影响力。\n\n根据最新招股书信息显示，BOSS直聘将公开发行4800万股美国存托股份（ADS），发行价定为每股19美元，募资约9.12亿美元，总市值开盘时是75.99亿美元。\n而这个估值已经超过公开估值50亿美元的前程无忧和由于退市只能在私募基金市场有估值17亿美元的智联招聘之和，成为估值最高的中国招聘平台。\n当然，能达到如此高额的估值，在一定程度上表明BOSS直聘也有着自己的在财务上的表现得到了资本市场的认可。\n财务表现\nBOSS直聘近期的财务表现大约可以做如下概括：营收增长势头强劲；毛利润增长强劲，毛利润率保持稳定；运营利润虽然低，但是已经实现了扭亏为盈；运营现金流猛增。\n具体而言，BOSS直聘2020年营收达到了2.98亿美元，较之2019年的1.52亿美元猛增95.4%之多，而2021年第一季度，公司营收就达到了1.20亿美元，同比增幅更高达178.9%。\nBOSS直聘毛利润2020年为2.61亿美元，较之2019年的1.31亿美元增长98.7%，而2021年第一季度达到1.04亿美元，同比增幅高达178.4%。与此同时，在2019年、2020年和2021年第一季度当中，公司毛利润率分别为86.20%、87.65%和86.45%，几乎保持不变。\n2019年、2020年和2021年第一季度，BOSS直聘分别实现运营利润39.28万美元、135.60万美元和35、40万美元，运营利润率分别为0.3%、0.5%和0.3%。同期内，公司净亏损分别为1.12亿美元、1.88亿美元和4097.20万美元。\n2019年、2020年和2021年第一季度，BOSS直聘运营现金流分别为-1613.18万美元、6067.60万美元和2523.50万美元。\n截至2021年3月31日，BOSS直聘持有现金6.26亿美元，负债3.32亿美元。截至2021年3月31日的十二个月内，公司自由现金流为1.02亿美元。\n研究分析\nBOSS直聘希望获得美国资本市场的支持，帮助他们在中国市场上继续扩张。\n从公司的财务表现看，他们营收和毛利润率增长迅猛，运营层面已经实现扭亏为盈。截至2021年3月31日的自由现金流超过1.01亿美元，令人印象深刻。\n在中国，为求职者和雇主提供线上招聘服务，市场体量是很巨大的，前景是很可观的。\n高盛是本次交易的领衔承销商，在过去十二个月时间内，该公司领衔承销的IPO股票，平均回报率为42.9%，在所有主要承销商同期业绩的比较当中位于中游水平。\nBOSS直聘面前的头号风险是，该公司可能会面对一系列竞争压力，比如人才网络，或者其他主流国际招聘公司进入他们所在的市场，而这些一旦成为现实，就将威胁到他们的增长前景，或者是迫使他们大幅提升营销支出，打压盈利能力。\n中国各种利润率较高的线上业务，往往最终都会吸引大量竞争者，而最主要的竞争手段就是大打价格战，而这对于股票未来的回报显然不是什么好消息。\n从估值角度看，BOSS直聘为美国IPO投资者开出的价格意味着公司企业价值营收比率为19.2左右，虽然这一数字高于软件即服务股票当前的总体水平，但是BOSS直聘的营收增长势头更为强劲，他们已经在运营层面越过盈利门槛，并且产生了可观的自由现金流。\n因此，虽然BOSS直聘IPO价格称不上低廉，但是对于那些有意于中国线上招聘市场成长前景的投资者而言，这一股票还是值得关注的。","news_type":1,"symbols_score_info":{"BZ":0.9}},"isVote":1,"tweetType":1,"viewCount":1487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188617906,"gmtCreate":1623432045305,"gmtModify":1704203691239,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188617906","repostId":"1150330661","repostType":4,"repost":{"id":"1150330661","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":1623415388,"share":"https://ttm.financial/m/news/1150330661?lang=en_US&edition=fundamental","pubTime":"2021-06-11 20:43","market":"us","language":"zh","title":"Pre-market: WSB concept stocks are \"restless\" again! A biopharmaceutical stock rose 27%","url":"https://stock-news.laohu8.com/highlight/detail?id=1150330661","media":"老虎资讯综合","summary":"6月11日，美国三大股指上涨，截至发稿，道指期货涨0.20%；标普500指数期货涨0.12%；纳斯达克100指数期货涨0.14%。市场要闻\n银保监、央行发文规范现金管理类理财产品：杠杆水平不得超120","content":"<p>On June 11, the three major U.S. stock indexes rose. As of press time, Dow futures rose 0.20%; S&P 500 futures rose 0.12%; Nasdaq 100 futures rose 0.14%.<img src=\"https://static.tigerbbs.com/13bf46ef127e8fece8f8a018e56a31f0\" tg-width=\"828\" tg-height=\"247\" referrerpolicy=\"no-referrer\"><b>Market news</b></p><p>The China Banking and Insurance Regulatory Commission and the Central Bank issued a document regulating cash management wealth management products: the leverage level shall not exceed 120%;</p><p>IEA monthly report: Global crude oil demand may reach pre-epidemic levels next year;</p><p>The Hong Kong Stock Exchange will consult the market on the specific proposal of \"establishing a listing system for special purpose acquisition companies\" in the third quarter;</p><p>Krafton, the parent company of PlayerUnknown's Battlegrounds, will conduct a $5 billion Korean IPO next week;</p><p>TSMC considers building first chip packaging plant in the United States;</p><p>McDonald's confirmed that the data was leaked, and hackers accessed \"a small number of files\", some of which contained customer personal data;</p><p>According to Bloomberg, JD.com will place 2.75 million shares at $70.75 per share.</p><p><b>Premarket Quotes</b></p><p>Some WSB concept stocks are \"restless\" again,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>、<a href=\"https://laohu8.com/S/GME\">GameStop</a>Rose more than 6%, Clover Health rose more than 4%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up more than 2%.</p><p>Oil concept stocks generally rose before the market,<a href=\"https://laohu8.com/S/PTR\">PetroChina</a>It rose more than 3% before the market,<a href=\"https://laohu8.com/S/CPE\">Caron Petroleum</a>, Royal Dutch Shell Oil B rose more than 1%, Royal Dutch Shell Oil A,<a href=\"https://laohu8.com/S/BP\">British Oil</a>Up nearly 1%.</p><p>Some blockchain sectors rose before the market, SOS,<a href=\"https://laohu8.com/S/NCTY\">The ninth city</a>Rose more than 3%,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up more than 2%.</p><p>Biopharmaceutical companies<a href=\"https://laohu8.com/S/PGEN\">Precigen</a>It rose more than 27% before the market, and the company announced research data on type 1 diabetes.</p><p>Online Education Course Solution Amister<a href=\"https://laohu8.com/S/AMST\">Amesite Inc.</a>(AMST.O) skyrocketed before the market and is now up more than 57%.</p><p><a href=\"https://laohu8.com/S/AEHL\">Antelope Holdings</a>Falling more than 14% before the market, the company announced that it has reached a final agreement with certain institutional investors to place 913,875 additional ordinary shares at a price of $3.84 per ordinary share. Gross proceeds are expected to be $3.18 million before payment of commissions and fees and the Offering is expected to close on or around June 14, 2021.</p><p><b>European Market</b></p><p>Major European stock indexes rose collectively. As of press time, the German DAX30 index rose 0.49%, the French CAC40 rose 0.72%, and the European Stoxx 50 rose 0.55%.<img src=\"https://static.tigerbbs.com/7f2b003ef84657818b2d73e2dfc4f003\" tg-width=\"822\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><b>crude oil</b></p><p>U.S. and Brent oil prices fell slightly. As of press time, WTI crude oil fell 0.18% to $70.18 per barrel; Brent crude oil fell 0.11% to $72.43 a barrel.</p><p>U.S. oil fell slightly above $70 and is expected to close higher for the third consecutive week. The market expects fuel demand in Europe, China and the United States to recover. As rising vaccination rates relax epidemic control measures, aviation fuel demand will accelerate growth, crude oil demand will continue to grow, and Brent crude oil futures prices in summer are expected to rise to $80/barrel. This week, both U.S. and Burundi oil weekly lines are expected to record three consecutive positives.</p><p><b>Gold</b></p><p>Spot gold fell 0.33% during the day to $1,890.15 an ounce.</p><p>The market expects the Federal Reserve to not change its loose policy stance, and the European Central Bank's easing, cryptocurrency capital inflows, the U.S. fiscal deficit and other factors all support gold prices. However, there has been some progress in U.S. infrastructure negotiations, and the market is waiting for the Fed's decision next week. Therefore, short-term trading is cautious.</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>Pre-market: WSB concept stocks are \"restless\" again! A biopharmaceutical stock rose 27%</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\">\nPre-market: WSB concept stocks are \"restless\" again! A biopharmaceutical stock rose 27%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-11 20:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 11, the three major U.S. stock indexes rose. As of press time, Dow futures rose 0.20%; S&P 500 futures rose 0.12%; Nasdaq 100 futures rose 0.14%.<img src=\"https://static.tigerbbs.com/13bf46ef127e8fece8f8a018e56a31f0\" tg-width=\"828\" tg-height=\"247\" referrerpolicy=\"no-referrer\"><b>Market news</b></p><p>The China Banking and Insurance Regulatory Commission and the Central Bank issued a document regulating cash management wealth management products: the leverage level shall not exceed 120%;</p><p>IEA monthly report: Global crude oil demand may reach pre-epidemic levels next year;</p><p>The Hong Kong Stock Exchange will consult the market on the specific proposal of \"establishing a listing system for special purpose acquisition companies\" in the third quarter;</p><p>Krafton, the parent company of PlayerUnknown's Battlegrounds, will conduct a $5 billion Korean IPO next week;</p><p>TSMC considers building first chip packaging plant in the United States;</p><p>McDonald's confirmed that the data was leaked, and hackers accessed \"a small number of files\", some of which contained customer personal data;</p><p>According to Bloomberg, JD.com will place 2.75 million shares at $70.75 per share.</p><p><b>Premarket Quotes</b></p><p>Some WSB concept stocks are \"restless\" again,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>、<a href=\"https://laohu8.com/S/GME\">GameStop</a>Rose more than 6%, Clover Health rose more than 4%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up more than 2%.</p><p>Oil concept stocks generally rose before the market,<a href=\"https://laohu8.com/S/PTR\">PetroChina</a>It rose more than 3% before the market,<a href=\"https://laohu8.com/S/CPE\">Caron Petroleum</a>, Royal Dutch Shell Oil B rose more than 1%, Royal Dutch Shell Oil A,<a href=\"https://laohu8.com/S/BP\">British Oil</a>Up nearly 1%.</p><p>Some blockchain sectors rose before the market, SOS,<a href=\"https://laohu8.com/S/NCTY\">The ninth city</a>Rose more than 3%,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up more than 2%.</p><p>Biopharmaceutical companies<a href=\"https://laohu8.com/S/PGEN\">Precigen</a>It rose more than 27% before the market, and the company announced research data on type 1 diabetes.</p><p>Online Education Course Solution Amister<a href=\"https://laohu8.com/S/AMST\">Amesite Inc.</a>(AMST.O) skyrocketed before the market and is now up more than 57%.</p><p><a href=\"https://laohu8.com/S/AEHL\">Antelope Holdings</a>Falling more than 14% before the market, the company announced that it has reached a final agreement with certain institutional investors to place 913,875 additional ordinary shares at a price of $3.84 per ordinary share. Gross proceeds are expected to be $3.18 million before payment of commissions and fees and the Offering is expected to close on or around June 14, 2021.</p><p><b>European Market</b></p><p>Major European stock indexes rose collectively. As of press time, the German DAX30 index rose 0.49%, the French CAC40 rose 0.72%, and the European Stoxx 50 rose 0.55%.<img src=\"https://static.tigerbbs.com/7f2b003ef84657818b2d73e2dfc4f003\" tg-width=\"822\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><b>crude oil</b></p><p>U.S. and Brent oil prices fell slightly. As of press time, WTI crude oil fell 0.18% to $70.18 per barrel; Brent crude oil fell 0.11% to $72.43 a barrel.</p><p>U.S. oil fell slightly above $70 and is expected to close higher for the third consecutive week. The market expects fuel demand in Europe, China and the United States to recover. As rising vaccination rates relax epidemic control measures, aviation fuel demand will accelerate growth, crude oil demand will continue to grow, and Brent crude oil futures prices in summer are expected to rise to $80/barrel. This week, both U.S. and Burundi oil weekly lines are expected to record three consecutive positives.</p><p><b>Gold</b></p><p>Spot gold fell 0.33% during the day to $1,890.15 an ounce.</p><p>The market expects the Federal Reserve to not change its loose policy stance, and the European Central Bank's easing, cryptocurrency capital inflows, the U.S. fiscal deficit and other factors all support gold prices. However, there has been some progress in U.S. infrastructure negotiations, and the market is waiting for the Fed's decision next week. Therefore, short-term trading is cautious.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ed4ee39e6b0f45214393093d70ba81a8","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite","UPRO":"三倍做多标普500ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","DUG":"二倍做空石油与天然气ETF(ProShares)","UDOW":"三倍做多道指30ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","UCO":"二倍做多彭博原油ETF",".SPX":"S&P 500 Index","USO":"美国原油ETF","SSO":"2倍做多标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","SCO":"二倍做空彭博原油指数ETF"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150330661","content_text":"6月11日，美国三大股指上涨，截至发稿，道指期货涨0.20%；标普500指数期货涨0.12%；纳斯达克100指数期货涨0.14%。市场要闻\n银保监、央行发文规范现金管理类理财产品：杠杆水平不得超120%；\nIEA月报：全球原油需求可能在明年达到疫情前水平；\n港交所将在第三季度就“设立特殊目的收购公司上市制度”的具体建议咨询市场意见；\n《绝地求生》母公司Krafton下周将进行50亿美元的韩国IPO；\n台积电考虑在美国建立第一家芯片封装工厂；\n麦当劳确认数据遭泄露，黑客访问了“少量文件”，其中一些包含客户个人数据；\n据彭博，京东将以每股70.75美元价格配售275万股。\n盘前行情\n部分WSB概念股再次“躁动”，AMC院线、游戏驿站涨超6%，Clover Health涨超4%，黑莓涨超2%。\n石油概念股盘前普涨，中石油盘前涨超3%，卡隆石油、荷兰皇家壳牌石油B涨超1%，荷兰皇家壳牌石油A、英国石油涨近1%。\n部分区块链板块盘前走高，SOS、第九城市涨超3%，嘉楠科技涨超2%。\n生物制药公司Precigen盘前涨超27%，公司公布了1型糖尿病研究数据。\n在线教育课程解决方案阿米斯特Amesite Inc.(AMST.O)盘前暴涨，现涨超57%。\n羚羊控股盘前跌超14%，该公司宣布已与某些机构投资者达成最终协议，将定向增发913,875股普通股，每股普通股价格为3.84美元。在支付佣金和费用之前，总收益预计为318万美元，本次发行预计将于2021年6月14日或前后完成。\n欧洲市场\n欧洲主要股指集体上涨，截至发稿，德国DAX30指数涨0.49%，法国CAC40涨0.72%，欧洲斯托克50涨0.55%。原油\n美、布两油微跌，截止发稿，WTI原油跌0.18%，报70.18美元/桶；布伦特原油跌0.11%，报72.43美元/桶。\n美油于70美元上方微跌，预计将迎来连续第三周收涨，市场预期欧洲、中国和美国的燃料需求将复苏，因疫苗接种率上升使得疫情控制措施放松，航空燃料需求将加速增长，原油需求将持续增长，夏季布伦特原油期货价格有望涨至80美元/桶，本周美布两油周线均有望录得三连阳。\n黄金\n现货黄金日内下跌0.33%，报1890.15美元/盎司。\n市场预期美联储不会改变宽松的政策立场，且欧洲央行宽松，加密货币资金流入，美国财政赤字等因素都支持金价，不过美国基础设施谈判有了一些进展，且市场都在等待下周美联储决议，因此短线交投谨慎。","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"UPRO":0.9,"DDM":0.9,"DWTIF":0.9,".DJI":0.9,"SPXU":0.9,"UCO":0.9,"SCO":0.9,"BZmain":0.9,"DXD":0.9,"DUG":0.9,"UWTIF":0.9,"SSO":0.9,"UDOW":0.9,".SPX":0.9,"QMmain":0.9,"USO":0.9,"CLmain":0.9,"SH":0.9,".IXIC":0.9,"ESmain":0.9}},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188617053,"gmtCreate":1623432035572,"gmtModify":1704203691400,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188617053","repostId":"1184397286","repostType":4,"repost":{"id":"1184397286","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":1623418325,"share":"https://ttm.financial/m/news/1184397286?lang=en_US&edition=fundamental","pubTime":"2021-06-11 21:32","market":"us","language":"zh","title":"Opening: The three major indexes opened higher, Precigen rose more than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1184397286","media":"老虎资讯综合","summary":"6月11日，美股三大指数集体高开，道指涨0.25%，纳指涨0.08%，标普500指数涨0.17%。\n生物制药公司Precigen涨超20%，公司公布了其主要候选药物针对Ⅰ型糖尿病药物实验数据良好。\nC","content":"<p>On June 11, the three major U.S. stock indexes collectively opened higher, with the Dow up 0.25%, the Nasdaq up 0.08%, and the S&P 500 up 0.17%.</p><p><img src=\"https://static.tigerbbs.com/378fdeec51fef2ebfab9f7f999d16de3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Biopharmaceutical companies<a href=\"https://laohu8.com/S/PGEN\">Precigen</a>Up by more than 20%, the company announced that its main drug candidates have good experimental data for type I diabetes.</p><p>CureVac's open low exceeds 8%, and the European Union recently stated that the company's new crown vaccine will not be approved for marketing as scheduled in August.</p><p><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>Falling nearly 4%, investment banks generally believe that the financial guidance given by the company is slightly conservative.</p><p>Chinese concept education stocks fell,<a href=\"https://laohu8.com/S/GOTU\">High Road</a>Fell nearly 4%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>Fell more than 3%,<a href=\"https://laohu8.com/S/ONE\">Elite education</a>Down 2.5%.</p><p>Online Education Course Solution Amister<a href=\"https://laohu8.com/S/AMST\">Amesite Inc.</a>It opened up 47%.</p><p>Some WSB concept stocks rose,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up 6.49%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up 1.45%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opening: The three major indexes opened higher, Precigen rose more than 20%</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{ 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float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpening: The three major indexes opened higher, Precigen rose more than 20%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-11 21:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 11, the three major U.S. stock indexes collectively opened higher, with the Dow up 0.25%, the Nasdaq up 0.08%, and the S&P 500 up 0.17%.</p><p><img src=\"https://static.tigerbbs.com/378fdeec51fef2ebfab9f7f999d16de3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Biopharmaceutical companies<a href=\"https://laohu8.com/S/PGEN\">Precigen</a>Up by more than 20%, the company announced that its main drug candidates have good experimental data for type I diabetes.</p><p>CureVac's open low exceeds 8%, and the European Union recently stated that the company's new crown vaccine will not be approved for marketing as scheduled in August.</p><p><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>Falling nearly 4%, investment banks generally believe that the financial guidance given by the company is slightly conservative.</p><p>Chinese concept education stocks fell,<a href=\"https://laohu8.com/S/GOTU\">High Road</a>Fell nearly 4%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>Fell more than 3%,<a href=\"https://laohu8.com/S/ONE\">Elite education</a>Down 2.5%.</p><p>Online Education Course Solution Amister<a href=\"https://laohu8.com/S/AMST\">Amesite Inc.</a>It opened up 47%.</p><p>Some WSB concept stocks rose,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up 6.49%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up 1.45%.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","PGEN":"Precigen",".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184397286","content_text":"6月11日，美股三大指数集体高开，道指涨0.25%，纳指涨0.08%，标普500指数涨0.17%。\n生物制药公司Precigen涨超20%，公司公布了其主要候选药物针对Ⅰ型糖尿病药物实验数据良好。\nCureVac低开超8%，欧盟近期称公司的新冠疫苗不会在8月如期获批上市。\nSnowflake跌近4%，投行普遍认为公司给出的财务指引稍显保守。\n中概教育股走低，高途跌近4%，好未来跌超3%，精锐教育跌2.5%。\n在线教育课程解决方案阿米斯特Amesite Inc.开涨47%。\n部分WSB概念股上涨，AMC院线涨6.49%，黑莓涨1.45%。","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"PGEN":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188614285,"gmtCreate":1623432021347,"gmtModify":1704203690917,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188614285","repostId":"2142205292","repostType":4,"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188614863,"gmtCreate":1623432011452,"gmtModify":1704203690594,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188614863","repostId":"1152296910","repostType":4,"repost":{"id":"1152296910","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":1623420199,"share":"https://ttm.financial/m/news/1152296910?lang=en_US&edition=fundamental","pubTime":"2021-06-11 22:03","market":"us","language":"zh","title":"[Change] The steel sector rose at the beginning of the session, and U.S. steel rose more than 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1152296910","media":"老虎资讯综合","summary":"6月11日，美股钢铁板块盘初走高，麦克莫兰铜金涨超4%，美国钢铁、浦项钢铁涨超3%，安赛乐米塔尔涨近2%。据悉，GLJ Research给予美国钢铁“买入”评级，目标价由23.89美元升至39.55美","content":"<p>On June 11, the U.S. steel sector rose at the beginning of the session.<a href=\"https://laohu8.com/S/FCX\">McMoRan copper-gold</a>Rose more than 4%,<a href=\"https://laohu8.com/S/X\">United States Steel</a>、<a href=\"https://laohu8.com/S/PKX\">Posco Steel</a>Rose more than 3%,<a href=\"https://laohu8.com/S/MT\">ArcelorMittal</a>Up nearly 2%. It is reported that GLJ Research gave U.S. Steel a \"buy\" rating, and the target price rose from US $23.89 to US $39.55.</p><p><img src=\"https://static.tigerbbs.com/7ec431cbeceaba30ae2fdbc574fe59d1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>[Change] The steel sector rose at the beginning of the session, and U.S. steel rose more than 3%</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\">\n[Change] The steel sector rose at the beginning of the session, and U.S. steel rose more than 3%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-11 22:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 11, the U.S. steel sector rose at the beginning of the session.<a href=\"https://laohu8.com/S/FCX\">McMoRan copper-gold</a>Rose more than 4%,<a href=\"https://laohu8.com/S/X\">United States Steel</a>、<a href=\"https://laohu8.com/S/PKX\">Posco Steel</a>Rose more than 3%,<a href=\"https://laohu8.com/S/MT\">ArcelorMittal</a>Up nearly 2%. It is reported that GLJ Research gave U.S. Steel a \"buy\" rating, and the target price rose from US $23.89 to US $39.55.</p><p><img src=\"https://static.tigerbbs.com/7ec431cbeceaba30ae2fdbc574fe59d1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/13952713ea11f2a94ef02b2895f239d7","relate_stocks":{"FCX":"麦克莫兰铜金","X":"美国钢铁"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152296910","content_text":"6月11日，美股钢铁板块盘初走高，麦克莫兰铜金涨超4%，美国钢铁、浦项钢铁涨超3%，安赛乐米塔尔涨近2%。据悉，GLJ Research给予美国钢铁“买入”评级，目标价由23.89美元升至39.55美元。","news_type":1,"symbols_score_info":{"FCX":0.9,"X":0.9}},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188637748,"gmtCreate":1623431562784,"gmtModify":1704203678213,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188637748","repostId":"2142205569","repostType":4,"repost":{"id":"2142205569","kind":"highlight","pubTimestamp":1623422311,"share":"https://ttm.financial/m/news/2142205569?lang=en_US&edition=fundamental","pubTime":"2021-06-11 22:38","market":"us","language":"zh","title":"How dangerous is Bezos'trip to space?","url":"https://stock-news.laohu8.com/highlight/detail?id=2142205569","media":"36氪","summary":"6月11日消息，亚马逊创始人杰夫·贝索斯（Jeff Bezos）可以乘坐私人飞机环游地球，也可以乘坐大型游艇进行环球航行；他可以买下整个美国国家橄榄球联盟，也可以随手给亲友买下一座群岛；他还可以买下6","content":"<p>News on June 11,<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Jeff Bezos, the founder, can travel around the globe on a private jet or sail around the world on a mega yacht; He could buy the entire NFL, or he could buy an archipelago for his relatives and friends. He can also buy 65,000 Bugatti Chirons sports cars starting at $2.9 million. As one of the richest people in the world, Bezos can get anything on the planet. But Bezos seems ready to risk everything with an 11-minute trip to space.</p><p><h2><b>How risky is his decision?</b></h2>The answer may not be what you expect. Historically, space flight has been fraught with dangers. But the stakes aren't necessarily great for Bezos's space journey, as Blue Origin, the space company he funded, has spent much of the past decade repeatedly testing the New Shepard suborbital-class rocket, with a string of successes as well. Bezos will complete space flight aboard this rocket.</p><p>However, the space flight conducted by Bezos and his brother Mark Bezos will be the first manned flight test of the New Shepard rocket, and it is not completely risk-free.</p><p>What will Bezos's first space flight look like? How risky is it for people to go into space now?</p><p><h2><b>What is Bezos' space journey like?</b></h2>When most people think of space flight, they think of astronauts flying around the earth and spending at least a few days in space.</p><p>The Bezos brothers and other passengers won't do this.</p><p>They will go and go back quickly, and it takes less time than most people spend on their way to work, only about 11 minutes in total.</p><p>Suborbital flight is quite different from the orbital flight that most of us think of when we refer to space flight. Blue Origin's New Shepard rocket has a short flight time, and it goes straight up and down, only reaching the edge of outer space 100 kilometers above the earth.</p><p><img src=\"https://static.tigerbbs.com/25f0ed4d2e7cb17e1956f78a74c944cf\" tg-width=\"1000\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p><p>The orbital rocket needs to obtain enough thrust to reach a speed of at least 27,000 kilometers per hour, which is what we call orbital speed. Essentially, it allows the spacecraft to have enough energy to continue to rotate around the earth, instead of being immediately pulled back by gravity. ground.</p><p>Suborbital flight requires much less thrust and speed. This means a shorter burn time for the rocket, lower temperatures and pressures on the outside of the spacecraft, and less likely to occur serious errors in general.</p><p>The suborbital flight speed of the New Shepard rocket is about three times the speed of sound, about 3,700 kilometers per hour. The rocket will go all the way up vertically until most of the fuel is consumed. The crew module will separate from the rocket at the highest point of the orbit and continue to ascend for a short segment. Then, the crew module will briefly run at the highest segment of the orbit, allowing passengers to experience weightlessness for a few minutes.</p><p>After that, the crew module of New Shepard will open a large number of parachutes during the descent, reducing the landing speed to less than 32 kilometers per hour.</p><p>The rocket booster will reignite the engine and accurately complete the vertical landing using the onboard computer. The booster landing looks similar to SpaceX's Falcon 9 rocket, although the latter of course has much more thrust and is more likely to explode on impact.</p><p><h2><b>How risky is this kind of space flight?</b></h2>Blue Origin's New Shepard rocket crew module is fully automated and does not require flight controllers. It has conducted 15 flight tests and has never had an explosion accident. Compared with ambitious space travel, the nature of Bezos' space flight means that it is low risk in itself, but it doesn't mean that it is zero risk.</p><p><img src=\"https://static.tigerbbs.com/614a8ab2cf54dc3204b9f7dfb54ab8d0\" tg-width=\"1000\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p><p>Since suborbital flight doesn't require that fast speed and doesn't need to re-enter the Earth's atmosphere at incredible speeds, it is much less risky than orbital flight. During the return of the orbiting space capsule to Earth, the external temperature of the spacecraft can reach nearly 2,000 degrees Celsius, and astronauts once had to withstand the acceleration of 4.5 G. At the same time, the thickening atmosphere put increasing pressure on the spacecraft.</p><p>Both high speeds and high altitudes have inherent risks, and even small mistakes can have serious consequences. At an altitude of more than 15,000 meters, people can't survive without wearing spacesuits, while Bezos will fly to an altitude of 100 kilometers above the ground. But the capsule he was in was pressurized, so he didn't need a spacesuit to keep himself safe, and Bezos could use an oxygen mask if the cabin lost pressure. The New Shepard rocket is also equipped with an abort system to push the crew compartment and passengers away from the rocket in an emergency. The crew cabin also has a backup safety function, which allows the crew cabin to land safely even if several parachutes cannot be opened.</p><p>Even so, if the New Shepard rocket fails, there is no way to absolutely guarantee safety.</p><p>While suborbital flights are less risky than orbital flights, they still have the potential to be fatal.</p><p>For example,<a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>A suborbital vehicle disintegrated during a test flight in 2014 after one of the co-pilots of the aircraft prematurely activated the plume system used to keep the vehicle stable during the descent phase. The sudden increase in drag tore the aircraft to pieces, killing one pilot.</p><p>Since then, Virgin Galactic has conducted three successful test flights of the improved version of the \"SpaceShip-2\" aircraft. Blue Origin hasn't encountered a similar accident during the testing phase. But as it has been said in the industry for a long time, getting into space is really difficult.</p><p>But Bezos said it was worth the risk.</p>","source":"36kr_stock","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>How dangerous is Bezos'trip to space?</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\">\nHow dangerous is Bezos'trip to space?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">36氪</strong><span class=\"h-time small\">2021-06-11 22:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>News on June 11,<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Jeff Bezos, the founder, can travel around the globe on a private jet or sail around the world on a mega yacht; He could buy the entire NFL, or he could buy an archipelago for his relatives and friends. He can also buy 65,000 Bugatti Chirons sports cars starting at $2.9 million. As one of the richest people in the world, Bezos can get anything on the planet. But Bezos seems ready to risk everything with an 11-minute trip to space.</p><p><h2><b>How risky is his decision?</b></h2>The answer may not be what you expect. Historically, space flight has been fraught with dangers. But the stakes aren't necessarily great for Bezos's space journey, as Blue Origin, the space company he funded, has spent much of the past decade repeatedly testing the New Shepard suborbital-class rocket, with a string of successes as well. Bezos will complete space flight aboard this rocket.</p><p>However, the space flight conducted by Bezos and his brother Mark Bezos will be the first manned flight test of the New Shepard rocket, and it is not completely risk-free.</p><p>What will Bezos's first space flight look like? How risky is it for people to go into space now?</p><p><h2><b>What is Bezos' space journey like?</b></h2>When most people think of space flight, they think of astronauts flying around the earth and spending at least a few days in space.</p><p>The Bezos brothers and other passengers won't do this.</p><p>They will go and go back quickly, and it takes less time than most people spend on their way to work, only about 11 minutes in total.</p><p>Suborbital flight is quite different from the orbital flight that most of us think of when we refer to space flight. Blue Origin's New Shepard rocket has a short flight time, and it goes straight up and down, only reaching the edge of outer space 100 kilometers above the earth.</p><p><img src=\"https://static.tigerbbs.com/25f0ed4d2e7cb17e1956f78a74c944cf\" tg-width=\"1000\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p><p>The orbital rocket needs to obtain enough thrust to reach a speed of at least 27,000 kilometers per hour, which is what we call orbital speed. Essentially, it allows the spacecraft to have enough energy to continue to rotate around the earth, instead of being immediately pulled back by gravity. ground.</p><p>Suborbital flight requires much less thrust and speed. This means a shorter burn time for the rocket, lower temperatures and pressures on the outside of the spacecraft, and less likely to occur serious errors in general.</p><p>The suborbital flight speed of the New Shepard rocket is about three times the speed of sound, about 3,700 kilometers per hour. The rocket will go all the way up vertically until most of the fuel is consumed. The crew module will separate from the rocket at the highest point of the orbit and continue to ascend for a short segment. Then, the crew module will briefly run at the highest segment of the orbit, allowing passengers to experience weightlessness for a few minutes.</p><p>After that, the crew module of New Shepard will open a large number of parachutes during the descent, reducing the landing speed to less than 32 kilometers per hour.</p><p>The rocket booster will reignite the engine and accurately complete the vertical landing using the onboard computer. The booster landing looks similar to SpaceX's Falcon 9 rocket, although the latter of course has much more thrust and is more likely to explode on impact.</p><p><h2><b>How risky is this kind of space flight?</b></h2>Blue Origin's New Shepard rocket crew module is fully automated and does not require flight controllers. It has conducted 15 flight tests and has never had an explosion accident. Compared with ambitious space travel, the nature of Bezos' space flight means that it is low risk in itself, but it doesn't mean that it is zero risk.</p><p><img src=\"https://static.tigerbbs.com/614a8ab2cf54dc3204b9f7dfb54ab8d0\" tg-width=\"1000\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p><p>Since suborbital flight doesn't require that fast speed and doesn't need to re-enter the Earth's atmosphere at incredible speeds, it is much less risky than orbital flight. During the return of the orbiting space capsule to Earth, the external temperature of the spacecraft can reach nearly 2,000 degrees Celsius, and astronauts once had to withstand the acceleration of 4.5 G. At the same time, the thickening atmosphere put increasing pressure on the spacecraft.</p><p>Both high speeds and high altitudes have inherent risks, and even small mistakes can have serious consequences. At an altitude of more than 15,000 meters, people can't survive without wearing spacesuits, while Bezos will fly to an altitude of 100 kilometers above the ground. But the capsule he was in was pressurized, so he didn't need a spacesuit to keep himself safe, and Bezos could use an oxygen mask if the cabin lost pressure. The New Shepard rocket is also equipped with an abort system to push the crew compartment and passengers away from the rocket in an emergency. The crew cabin also has a backup safety function, which allows the crew cabin to land safely even if several parachutes cannot be opened.</p><p>Even so, if the New Shepard rocket fails, there is no way to absolutely guarantee safety.</p><p>While suborbital flights are less risky than orbital flights, they still have the potential to be fatal.</p><p>For example,<a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>A suborbital vehicle disintegrated during a test flight in 2014 after one of the co-pilots of the aircraft prematurely activated the plume system used to keep the vehicle stable during the descent phase. The sudden increase in drag tore the aircraft to pieces, killing one pilot.</p><p>Since then, Virgin Galactic has conducted three successful test flights of the improved version of the \"SpaceShip-2\" aircraft. Blue Origin hasn't encountered a similar accident during the testing phase. But as it has been said in the industry for a long time, getting into space is really difficult.</p><p>But Bezos said it was worth the risk.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://36kr.com/p/1263912507152256\">36氪</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9e340c05ca20f874e1ef85f7592a0fa0","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://36kr.com/p/1263912507152256","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142205569","content_text":"6月11日消息，亚马逊创始人杰夫·贝索斯（Jeff Bezos）可以乘坐私人飞机环游地球，也可以乘坐大型游艇进行环球航行；他可以买下整个美国国家橄榄球联盟，也可以随手给亲友买下一座群岛；他还可以买下65000辆起售价290万美元的布加迪Chirons跑车。作为世界上最富有的人之一，贝索斯可以得到地球上的任何东西。但贝索斯似乎准备冒着一切风险，进行11分钟的太空之旅。\n他的这个决定到底有多大风险?\n答案可能不是你所期望的那样。从历史上看，太空飞行充满危险。但对于贝索斯的太空之旅来说，风险不一定很大，因为他资助的太空公司蓝色起源在过去十年的大部分时间里都在反复测试新谢泼德号亚轨道级火箭，也获得了一系列成功。贝索斯将搭乘这种火箭完成太空飞行。\n不过，贝索斯和他兄弟马克·贝索斯（Mark Bezos）一道进行的太空飞行将是新谢泼德号火箭的首次载人飞行测试，并非完全没有风险。\n贝索斯的首次太空飞行将会是什么样子？现在人们进入太空的风险又有多大呢？\n贝索斯的太空之旅什么样？\n当大多数人想到太空飞行时，他们想到的是宇航员绕地球飞行，在太空中至少待上几天时间。\n贝索斯兄弟两人和其他乘客不会这么做。\n他们会快去快回，而且用的时间比大多数人花在上班路上的时间都要短，总共大约只有11分钟的时间。\n亚轨道飞行与我们大多数人提及太空飞行时想到的轨道飞行有很大不同。蓝色起源的新谢泼德号火箭飞行时间很短，而且是直上直下，只会抵达距地100公里的外太空边缘。\n\n轨道级火箭需要获得足够推力，从而达到至少每小时27000公里的速度，这也就是我们所说的轨道速度，本质上是让飞船有足够能量可以继续绕着地球旋转，而不是立即被重力拉回地面。\n亚轨道飞行所需要的推力和速度要小得多。这意味着火箭燃烧时间更短，飞船外部承受的温度和压力更低，通常情况下发生严重错误的可能性更小。\n新谢泼德号火箭的亚轨道飞行速度约为三倍音速，大约每小时3700公里。火箭将一路垂直向上，直至消耗掉大部分燃料。乘员舱将在轨道最高点与火箭分离，并继续上升一小段，然后乘员舱会在运行轨道的最高段短暂运行，让乘客体验几分钟的失重状态。\n在此之后，新谢泼德号乘员舱会在下降过程中打开大量降落伞，将降落速度降低到每小时32公里以下。\n而火箭助推器将重新点燃发动机，利用机载计算机精确完成垂直着陆。助推器着陆看起来类似于SpaceX的猎鹰9号火箭，当然后者的推力要大得多，而且更容易在撞击时爆炸。\n这种太空飞行的风险有多大?\n蓝色起源公司的新谢泼德号火箭乘员舱是完全自动化运行的，不需要飞行控制人员。其已经进行了15次飞行测试，从未发生过爆炸事故。与雄心勃勃的太空旅行相比，贝索斯这次太空飞行的性质意味着其本身风险很低，但并不意味着风险为零。\n\n由于亚轨道飞行不需要那么快的速度，也不需要以难以置信的速度重返地球大气层，因此比轨道飞行的风险小得多。在进行轨道飞行的太空舱重返地球过程中，飞船外部温度可以达到近2000摄氏度，宇航员一度需要承受4.5G的加速度，而与此同时，不断变厚的大气层对飞船周围的压力越来越大。\n高速和高空都有着固有风险，即使是很小的错误也会带来严重后果。在15000米以上的高度，如果人不穿宇航服就无法存活，而贝索斯将飞行到距地100公里的高度。但他乘坐的太空舱是加压的，所以他不需要宇航服来保证自身安全，而且如果客舱失压，贝索斯可以使用氧气面罩。新谢泼德号火箭还配备了一个中止系统，用于在紧急情况下将乘员舱和乘客推离火箭。乘员舱还有备份安全功能，即使有数个降落伞无法打开，也可以让乘员舱安全着陆。\n即便如此，如果新谢泼德号火箭发生故障，也没有办法绝对保证安全。\n虽然亚轨道飞行比轨道飞行风险小，但它们仍然有致命的可能性。\n例如，维珍银河一架亚轨道飞行器在2014年一次试飞中解体，原因是飞机一名副驾驶员过早启动了用于在下降阶段保持飞行器稳定的羽状系统。陡然增加的阻力将飞行器撕裂成碎片，导致一名飞行员死亡。\n此后，维珍银河已经对改进版的“太空船二号”飞行器进行了三次成功试飞。蓝色起源在测试阶段还没有遇到过类似的事故。但正如行内流传已久的说法，进入太空真的很难。\n但贝索斯表示，冒这种险是值得的。","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":184704508,"gmtCreate":1623723646704,"gmtModify":1704209624016,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184704508","repostId":"1112473662","repostType":4,"repost":{"id":"1112473662","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":1623721000,"share":"https://ttm.financial/m/news/1112473662?lang=en_US&edition=fundamental","pubTime":"2021-06-15 09:36","market":"sh","language":"zh","title":"Angel of the Times has a winning rate of 1.5% in one lot, and 750 lots are subscribed to secure one lot","url":"https://stock-news.laohu8.com/highlight/detail?id=1112473662","media":"老虎资讯综合","summary":"6月15日消息，本周二时代天使发布公告，公司发行1682.96万股股份，每股定价173港元，每手200股，预期将于6月16日上市。\n公开发售阶段时代天使获2079.16倍认购，分配至公开发售的发售股份","content":"<p>News on June 15, this Tuesday<a href=\"https://laohu8.com/S/06699\">Angel of the Times</a>According to the announcement, the company issued 16.8296 million shares, priced at HK $173 per share, with 200 shares per lot, and is expected to be listed on June 16.</p><p>During the public offering stage, Times Angel was subscribed 2079.16 times, and the final number of offer shares allocated to the public offering was 8.4148 million shares, accounting for 50% of the total number of offer shares (before any over-allotment option is exercised). A total of 792,388 valid applications were received, with a winning rate of 1.5% for one lot, and 750 subscriptions were secure for one lot.</p><p>In addition, the international offering was significantly oversubscribed, and the final number of shares on offer was 8,414,800 shares (excluding over-allocated shares), equivalent to 50% of the total number of shares on offer. The relevant data of Tiger Information Collation is as follows:<img src=\"https://static.tigerbbs.com/59668ed8a0d3f43ea5d4bac2319b2d55\" tg-width=\"701\" tg-height=\"589\" referrerpolicy=\"no-referrer\"><b>Subscription ladder:</b></p><p>There are 200 shares per lot, and the admission fee is HK $34,948.66. The winning rate of one lot is 1.5%, and the subscription rate of 750 lots is stable.</p><p>The threshold for Group B is 30,000 shares, and the funds required for subscription are about HK $5,242,299.63.<img src=\"https://static.tigerbbs.com/ba283b41439eead634c95e73e52b3b68\" tg-width=\"1110\" tg-height=\"808\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/6251941867d64b573d06a4dc4f827636\" tg-width=\"573\" tg-height=\"700\" referrerpolicy=\"no-referrer\"></p><p>It is reported that the company is China's leading provider of invisible orthodontic solutions. According to the CIC Consulting report, China's invisible orthodontic solution market is highly concentrated. Based on the number of cases achieved in 2020, the total market share of the top two market players is 82.4%. According to the same information, the company's market share in the same year was approximately 41.0%.</p><p>During the performance record period, the number of dental surgeons served by the company increased from approximately 11,500 in 2018 to approximately 15,800 in 2019, and further increased to 19,900 in 2020. The number of completed cases of the company increased from approximately 77,700 in 2018 to approximately 120,100 in 2019, and further increased to 137,600 in 2020.</p><p>In terms of financial status, in 2018, 2019 and 2020, the company's revenue was RMB 488 million, RMB 646 million and RMB 817 million respectively, with a compound growth rate of 29.26% from 2018 to 2020; The net profit was 58.2 million yuan, 67.7 million yuan and 151 million yuan respectively, with a compound growth rate of 61.07% from 2018 to 2020; Adjusted EBITDA (non-IFRS measurement) for the same period was 129 million yuan, 175 million yuan and 297 million yuan respectively.</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>Angel of the Times has a winning rate of 1.5% in one lot, and 750 lots are subscribed to secure one lot</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\">\nAngel of the Times has a winning rate of 1.5% in one lot, and 750 lots are subscribed to secure one lot\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-15 09:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>News on June 15, this Tuesday<a href=\"https://laohu8.com/S/06699\">Angel of the Times</a>According to the announcement, the company issued 16.8296 million shares, priced at HK $173 per share, with 200 shares per lot, and is expected to be listed on June 16.</p><p>During the public offering stage, Times Angel was subscribed 2079.16 times, and the final number of offer shares allocated to the public offering was 8.4148 million shares, accounting for 50% of the total number of offer shares (before any over-allotment option is exercised). A total of 792,388 valid applications were received, with a winning rate of 1.5% for one lot, and 750 subscriptions were secure for one lot.</p><p>In addition, the international offering was significantly oversubscribed, and the final number of shares on offer was 8,414,800 shares (excluding over-allocated shares), equivalent to 50% of the total number of shares on offer. The relevant data of Tiger Information Collation is as follows:<img src=\"https://static.tigerbbs.com/59668ed8a0d3f43ea5d4bac2319b2d55\" tg-width=\"701\" tg-height=\"589\" referrerpolicy=\"no-referrer\"><b>Subscription ladder:</b></p><p>There are 200 shares per lot, and the admission fee is HK $34,948.66. The winning rate of one lot is 1.5%, and the subscription rate of 750 lots is stable.</p><p>The threshold for Group B is 30,000 shares, and the funds required for subscription are about HK $5,242,299.63.<img src=\"https://static.tigerbbs.com/ba283b41439eead634c95e73e52b3b68\" tg-width=\"1110\" tg-height=\"808\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/6251941867d64b573d06a4dc4f827636\" tg-width=\"573\" tg-height=\"700\" referrerpolicy=\"no-referrer\"></p><p>It is reported that the company is China's leading provider of invisible orthodontic solutions. According to the CIC Consulting report, China's invisible orthodontic solution market is highly concentrated. Based on the number of cases achieved in 2020, the total market share of the top two market players is 82.4%. According to the same information, the company's market share in the same year was approximately 41.0%.</p><p>During the performance record period, the number of dental surgeons served by the company increased from approximately 11,500 in 2018 to approximately 15,800 in 2019, and further increased to 19,900 in 2020. The number of completed cases of the company increased from approximately 77,700 in 2018 to approximately 120,100 in 2019, and further increased to 137,600 in 2020.</p><p>In terms of financial status, in 2018, 2019 and 2020, the company's revenue was RMB 488 million, RMB 646 million and RMB 817 million respectively, with a compound growth rate of 29.26% from 2018 to 2020; The net profit was 58.2 million yuan, 67.7 million yuan and 151 million yuan respectively, with a compound growth rate of 61.07% from 2018 to 2020; Adjusted EBITDA (non-IFRS measurement) for the same period was 129 million yuan, 175 million yuan and 297 million yuan respectively.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/22fb0a544aa253b668379d9f58bbe5a9","relate_stocks":{"06699":"时代天使"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112473662","content_text":"6月15日消息，本周二时代天使发布公告，公司发行1682.96万股股份，每股定价173港元，每手200股，预期将于6月16日上市。\n公开发售阶段时代天使获2079.16倍认购，分配至公开发售的发售股份最终数目为841.48万股，占发售股份总数的50%（任何超额配股权获行使前）。合共接获792388份有效申请，一手中签率1.5%，认购750手稳中一手。\n此外，国际发售获大幅超额认购，发售股份最终数目为841.48万股（不包括超额分配股份），相当于发售股份总数的50%。老虎资讯整理相关数据如下表：申购阶梯：\n每手200股，入场费34948.66港元。一手中签率1.5%，认购750手稳中一手。\n乙组门槛为3万股，申购所需资金约5242299.63港元。\n据悉，公司是中国领先的隐形矫治解决方案提供商。根据灼识咨询报告，中国的隐形矫治解决方案市场高度集中，按2020年的达成案例计量，前两大市场参与者的市场占有率总计为82.4%。据同一份资料显示，公司于同年的市场份额为约41.0%。\n于业绩纪录期，公司服务的牙科医生人数由2018年的约1.15万名增至2019年的约1.58万名，并进一步增至2020年的1.99万名。公司的达成案例由2018年的约7.77万个增至2019年的约12.01万个，并进一步增至2020年的13.76万个。\n财务状况方面，于2018年、2019年及2020年，公司的收入分别为人民币4.88亿元、6.46亿元及8.17亿元，2018~2020年的复合增长率达29.26%；净利润分别为5820万元、6770万元及1.51亿元，2018~2020年的复合增长率达61.07%；同期经调整EBITDA（非国际财务报告准则计量）分别为1.29亿元、1.75亿元及2.97亿元。","news_type":1,"symbols_score_info":{"06699":0.9}},"isVote":1,"tweetType":1,"viewCount":2043,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187230907,"gmtCreate":1623754769209,"gmtModify":1704210608526,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187230907","repostId":"1186442864","repostType":4,"repost":{"id":"1186442864","kind":"news","weMediaInfo":{"introduction":"有视角的商业资讯交流平台","home_visible":1,"media_name":"虎嗅APP","id":"101","head_image":"https://static.tigerbbs.com/98669fe7974e42f3976b3db47528792d"},"pubTimestamp":1623750513,"share":"https://ttm.financial/m/news/1186442864?lang=en_US&edition=fundamental","pubTime":"2021-06-15 17:48","market":"hk","language":"zh","title":"Ten-year-old Kuaishou, the mirror image of the world","url":"https://stock-news.laohu8.com/highlight/detail?id=1186442864","media":"虎嗅APP","summary":"2011年底，刚刚组队的小创业公司GIF快手，创始人程一笑在微博、豆瓣等平台发布了一则招聘信息：诚求UI设计师一位做创业伙伴，提供有竞争力的薪酬以及丰厚的股权。\n程一笑是豆瓣深度用户，当时他经常逛的两","content":"<p>At the end of 2011, the small<a href=\"https://laohu8.com/S/V03.SI\">Startups</a>GIF Kuaishou, founder Cheng Yixiao in<a href=\"https://laohu8.com/S/WB\">Weibo</a>, Douban and other platforms released a recruitment information: We sincerely seek a UI designer to be an entrepreneurial partner, providing competitive salary and generous equity.</p><p>Cheng Yixiao is a deep user of Douban. At that time, the two groups he often visited were \"IT Recruitment King\" and \"Graphic Designer\". The company was founded and the product started. This young man has an almost intuitive yearning for community and design.</p><p>2011 was a turbulent year:<b><a href=\"https://laohu8.com/S/ZH\">Zhihu</a>It has just been established, and Meituan has only been online for a year. Station B has just changed its name to bilibili from its predecessor \"Mikufans\". With the vigorous development of mobile Internet, coffee shops in Haidian District are as lively as vegetable markets, and countless people are involved in them.</b></p><p>Shortly after Cheng Yixiao's recruitment information was sent out, a UI designer joined GIF Kuaishou and became one of the earliest four employees. They live in a residential house in Aobei Community, Lishuiqiao, Haidian District, silently polishing this product.</p><p><img src=\"https://static.tigerbbs.com/6ce1483e15c5a30766ef7457ab4b0d79\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"></p><p>Ten years ago, the desk at the Aobei Center</p><p>Yang Yuanxi, co-founder of Kuaishou, recalled that work and life were inseparable at that time, and four people worked shifts at noon every day to order meals. \"At that time, there were only seven restaurants downstairs. Basically, the seven restaurants were arranged in different orders.\"</p><p>Maybe he couldn't stand such working and living conditions, or maybe he didn't have hope for the future of this small company. It didn't take long for the designer to leave GIF Kuaishou and passed by an era.</p><p>No one could have predicted that many years later, this company would create the entire era of short videos, and after some ups and downs of development, it was listed on the Hong Kong Stock Exchange, with a market value of one trillion Hong Kong dollars at one time, becoming the fifth largest Internet company in China.</p><p>So far, the other three early employees are still leading Kuaishou forward:<b>Co-founders Cheng Yixiao, Yin Xin and Yang Yuanxi, together with Su Hua, who joined Kuaishou in 2013, form the background of Kuaishou's unique product.</b></p><p>Ten years have passed in a blink of an eye, and countless companies have been lost in the big waves of the mobile Internet. In the ten years of Kuaishou, the weather was smooth and imminent. Under the pressure of strong competition, it finally tenaciously reached 300 million daily active users.</p><p><img src=\"https://static.tigerbbs.com/c39c2e4a9ed3d8016c44153dfc68ec2c\" tg-width=\"1080\" tg-height=\"1439\" referrerpolicy=\"no-referrer\"></p><p>Kuaishou lands on the Hong Kong Stock Exchange</p><p>This is a legendary story of ups and downs, and it is also a story of the past ten years<a href=\"https://laohu8.com/S/CHL\">China Mobile</a>A typical sample of the evolution of Internet companies. Products, technology, operations, business, when a young company sets foot on a fertile soil ahead of time, and its accumulation does not match the huge opportunities it faces, how to survive, develop, persist, evolve, and make key and correct decisions, and then start a protracted war.</p><p><b>Wind and cloud meeting</b></p><p>Shanghai, 2013. This afternoon, Zhang Fei, a partner of Morningside Capital, decided to meet the young man looking for investment.<b>The other party graduated from Tsinghua University and worked in<a href=\"https://laohu8.com/S/GOOG\">Google</a>、<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Hold office. While having a rich resume, he is also a serial entrepreneur with a tough personality and full of energy.</b></p><p>This is the second meeting between Zhang Fei and him. This young man named Su Hua is preparing to give up his entrepreneurial project and start more new attempts.</p><p>According to Zhang Fei's recollection, Su Hua talked about more than 20 projects at that time. \"Many particularly interesting entrepreneurial ideas, but after passing them one by one, I found that most of them were immature, and I also gave direct feedback.\"</p><p><img src=\"https://static.tigerbbs.com/2dcc717dcbd72669b175a38910eeb96a\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"></p><p>Four co-founders cut the cake at the listing site</p><p>One is looking for future-oriented investment targets, and the other is looking for a new entrepreneurial direction. For most of the day, the two people discussed countless possibilities of entrepreneurship, and then overthrew them one by one. Suddenly, Zhang Fei's mind flashed with inspiration:</p><p>\"I have a very good product manager here. Why don't you work with him?\" Zhang Fei said.</p><p>This \"very good product manager\" is Cheng Yixiao. As an angel investor of GIF Kuaishou,<b>Zhang Fei is very optimistic about mobile video in the 4G era, and GIF Aauto Quicker, as a primitive video form, makes him see some possibility.</b></p><p>Since its launch in 2011, GIF Kuaishou has accumulated many users and began to try to transform from a tool to a short video community, but it did not go smoothly.</p><p>As a product manager, Cheng Yixiao faces a simple challenge:<b>When users produce content through GIF Aauto Quicker and are willing to upload their works to the community section, how can everyone's works be seen by more people?</b>This is the most basic and ultimate incentive for the enthusiasm of creators.</p><p>At first, they adopted the general recommendation method, that is, making new works or works within seven days into a list every day. The list ranking is based on the popularity weights such as comments, sharing and likes of the works, and all users see it. It's the same list.</p><p>The number of works that can be recommended on the list is extremely limited, and it is easy to turn the head. Only talented and good-looking creators have the opportunity to be popular.<b>And Cheng Yixiao especially hopes to see ordinary people's works on the list.</b></p><p>Co-founder Yang Yuanxi recalled that in order to let as many people's works be seen as possible, the first thing they did when they went to work every day was to adjust the recommendation formula. Take A from 0.7 to 0.8 today and B from 0.5 to 0.4 tomorrow. Over time, the formula becomes more and more complicated, but the efficiency and effect are always not good.</p><p>This is not a problem that can be solved by product managers alone. The prototype of this video community needs the blessing of advanced technology and a brand-new algorithm and recommendation method.</p><p>When Zhang Fei came up with the idea of bringing Su Hua and Cheng Yixiao together by accident in Shanghai, it happened.<b>One holds the most advanced technical tools, and the other has strong understanding and design ability of products and communities. The two men met.</b></p><p>The latter story has been widely circulated today.<b>In the summer of 2013, Su Hua and Cheng Yixiao met at Jinyu Hotel in Beijing, and the two people who were not good at words chatted until two or three in the morning.</b>The two are highly consistent in values,<b>Thinks that the community should give more exposure to people, so that the work of ordinary people can be seen.</b></p><p>These simple concepts were later summarized as Kuaishou's fair and inclusive values, and subtly became the underlying logic of products and algorithms.</p><p>After the team merger and equity adjustment, Cheng Yixiao was in charge of the product, and Su Hua became CEO. They quickly did two \"big things\", one was to move the company to Wudaokou Huaqing Jiayuan, and the other was that Su Hua wrote down the recommendation algorithm on GIF Kuaishou. first line of code.</p><p><img src=\"https://static.tigerbbs.com/7d9ec949686d4de05a208052defcf5de\" tg-width=\"840\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p><p>Kuaishou in Wudaokou Huaqing Jiayuan</p><p>The technical force is powerful. The recommendations brought by Suhua to Kuaishou are personalized recommendations, thousands of people and thousands of faces. Everyone sees a different Kuaishou, and each work will be given initial cold start traffic. This epoch-making experience is applied to short videos for the first time, and the burst of energy is visible to the naked eye.</p><p><b>In April 2014, \"GIF Kuaishou\" was renamed Kuaishou, officially transforming into a short video community platform; On June 6, Kuaishou DAU exceeded one million for the first time; In January 2015, Kuaishou DAU exceeded 10 million; DAU reached 40 million at the end of 2016; The DAU at the end of 2017 exceeded 110 million.</b>Prior to this, Kuaishou had hardly done any market launch. The growth of users benefited from the accuracy and efficiency of long-tail content distribution under the concept of inclusiveness, as well as the platform's attention to ordinary people's lives.</p><p>An early employee of Kuaishou recalled the interview with Cheng Yixiao like this: \"In the first 50 to 60%, I was talking about the state that he was listening. Later, he took out his mobile phone and showed me the list of his concerns. What kind of people he paid attention to, and then he talked to me about everyone, just like his family, what kind of people they were, and what Kuaishou had experienced.\"</p><p>No matter Su Hua or Cheng Yixiao, they have maintained this habit so far. As founders, they have gained belief incentives that far exceed commercial returns from positive feedback, changes in fate and \"thank you to the official\" user reviews.</p><p>The battle starts</p><p>At the end of 2017, Kuaishou, as an Internet application with over 100 million DAU, had only more than 1,000 employees. Pushing forward another year, the company only had 600 to 700 employees.</p><p>To some extent, this verifies a hypothesis of Su Hua,<b>How large user scale products can a small technical team control; Without the interference of commercialization and strong operation, how long does it take to precipitate from community to social interaction?</b></p><p>This is a low-key, calm, enjoying growth and user feedback. More and more ordinary people use Kuaishou to record their lives, which makes this product unique and full of idealism, but it is not perfect, controversial, and even crises, and entered an inflection point in 2018-2019.</p><p><b>\"We have to do it, we have to fight!\"</b>In June 2019, at the headquarters of Kuaishou Xierqi, an early employee still remembers the cry made by co-founder Cheng Yixiao at the mobilization meeting.</p><p>This is a meeting that changed the course of Kuaishou's history. He said that when he saw the two founders who were not good at words walking on the stage, clenching their fists and calling on all the staff to participate, everyone present was excited.</p><p>From the start of its business in 2011 to the end of 2017, the DAU exceeded 100 million. As a pioneer in the short video industry, Kuaishou has not fought battles. One product after another such as Meipai has challenged Kuaishou's status. Until 2018, they encountered an unprecedentedly powerful opponent, ByteDance's<a href=\"https://laohu8.com/S/DYIN\">Douyin</a>, with new product logic, content distribution logic, and business logic, it has achieved rapid transcendence.</p><p>Finally, this battle can't be fought. According to the \"Late\" report, after the Spring Festival in 2019, Kuaishou executives and the product team went to Chongqing to conduct a user survey, which was internally called the \"Chongqing Conference\". Su Hua and Cheng Yixiao were directly stimulated by users and realized<b>Non-aggressive growth = handing over users to others; Disunity = acquiescence in the decline of team combat effectiveness.</b></p><p>On June 18, Su Hua and Cheng Yixiao issued a letter to all employees, bluntly stating the challenges and hidden dangers faced by Kuaishou: \"We are no longer the fastest team. As we grow up, our muscles begin to become weak, the response slows down, and our perception of connection with users is weakening.\" Of course, the first thing to bear the brunt is the user scale. Kuaishou launched the K3 campaign and set an annual goal of 300 million daily active users before the Spring Festival.</p><p>User scale is actually just an appearance.<b>Product form, user experience, distribution logic, organizational combat capabilities, operating systems, commercialization systems, and infrastructure are the gaps that need to be bridged in front of this \"small company\".</b></p><p>If in the past, products + technology and Xiaomi + rifles won the guerrilla warfare, now Kuaishou is faced with the ace of the whole system, with amazing combat power, extremely fast speed, and bold spending of money. If the founder himself cannot iterate and lead The overall evolution of the company, users are likely to vote with their feet.</p><p>Such cases abound in the history of mobile Internet, whether it is group buying, bike-sharing, or mobile e-commerce,<b>There have been many startups that set foot on the wind one or two steps ahead of time, and were eventually crushed by latecomers. Apart from luck, the core lies in the wind. Founders and companies did not quickly complete the evolution from \"small companies\" to \"big companies\".</b></p><p>Su Hua and Cheng Yixiao should be grateful for their courage and determination to launch the battle at that time. Today, although it is no longer the NO.1 on the track, Kuaishou has not been defeated by competition, but has become stronger in repeated contests with itself, opponents, and the market.</p><p>\"No powerful company has never been killed by others in the competition.\" Ma Hongbin, senior vice president of Kuaishou, said that the more competitive it is with friends, the more it grows.</p><p>Relying on the synchronous adjustment of products, algorithms, and operations, the high-speed operation of the organization, the cooperation of CCTV Spring Festival Gala, and the rise of the Extreme Edition, Kuaishou has achieved the K3 goal.</p><p>On May 24 this year, Kuaishou, which went public, released its first quarter results for 2021. The data shows,<b>The average daily active users of Kuaishou China's applications and mini programs reached 379.2 million, and the average daily usage time of daily active users was 99.3 minutes.</b></p><p>\"The opponent doesn't seem to beat us like much. No matter how we compete, we have also risen to 300 million.\" A person in charge of Kuaishou said that many people held back their strength before K3, and this battle has become an outlet to relieve anxiety. Let Kuaishou's situation finally bottom out.</p><p><b>Seek common ground while reserving differences</b></p><p>K3 has become a turning point for Kuaishou from Buddhism to wolf. Since then, the team has continued to expand, and the pace has become faster and faster. Every few months, Su Hua and the management team have to fight a big battle.</p><p>There is no turning back when opening the bow. Products need to change, algorithms need to change, operations need to change, business models need to change. A team of more than 10,000 people is seeking change and victory. All these changes will ultimately make Kuaishou Kuaishou, or will it become an opponent?</p><p>On the road of comprehensive evolution, what can and cannot be changed requires Kuaishou founders and executives to delineate a scope and repeatedly revise it during business growth.</p><p>In 2020 after K3, the direction, boundaries and logic of Kuaishou's evolution will gradually become clear:<b>Do operations light or heavy; Is the product double or single column? Do you pay attention to private domain or public domain?</b>These questions that once caused internal debate and confusion have been answered.</p><p>Before 2019, Kuaishou did not have a positive operating system. Based on the concept of not disturbing users, the so-called operating department mainly operated in a negative direction. How to determine and deal with creators who violated regulations, and how to deal with accounts who violated community rules.</p><p>After the launch of K3, Ma Hongbin, senior vice president of Kuaishou, took over and built the prototype of the operating system. The core problem to be solved,<b>The first is the introduction of high-quality creators, and the second is the distribution of high-quality content and the growth of creators. By operating creators and high-quality content, community activity, retention and new additions are enhanced.</b></p><p>For Kuaishou, operation drive is a new attempt. Kuaishou encourages ordinary people to record their lives, display them in two columns and give fair traffic, but the quality of the content is uneven, which seriously affects the perception and tonality of Kuaishou, thereby hurting the acceptance of users in first-and second-tier cities.</p><p>While focusing on managing the community atmosphere, it improves the quality of content by introducing high-quality creators and providing operation and traffic support. This has caused major changes in Kuaishou's content ecology from 2018 to 2019 and has become the basis for attracting incremental users.</p><p><img src=\"https://static.tigerbbs.com/6018cf1eb61869e628ebcc17fe3cdd61\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"></p><p>In 2018, the team building site of Kuaishou Platform R&D Department was transformed into a work site</p><p>It is understood that in the process of introducing talents and building a new operating system, the founder gave an underlying logic. No matter how the content changes, Kuaishou is still most concerned about and concerned about people. Liu Xiao, general manager of Kuaishou Content Operation Center, still remembers that during the interview, Su Hua spent nearly two hours telling her the story of \"Brother Grape\".</p><p>\"Interviews with other companies should not spend an hour and a half telling the story of a certain user, let alone the founder.\" She found that this company really cares about every creator.</p><p>“<b>The operating logic of Kuaishou and its friends is very different. We care more about people. At the moment, the other party still cares very much about the content and how good the content looks. This is a big underlying difference, which will lead to your distribution logic being completely different. \"</b>Liu Xiao said that in the past, Kuaishou's operation was biased towards management, which would tell you what you couldn't do, but now the creator service team has become a service provider.</p><p>At the beginning of 2020, after Liu Xiao joined Kuaishou, the operation began to enter the stage of refinement. In her view, the content ecosystem of Kuaishou is already very large, and any single vertical category can become a large-scale interest community. In such an environment, it is a very grand task to maintain the relationship between local and ecological, keep the ecological health and make the creator's experience better.</p><p>At the same time, Kuaishou's core management finally solved two thorny problems,<b>One is the choice of single-column and double-column, and the other is the balance between private domain and public domain.</b></p><p>Single-column and double-column have plagued Kuaishou for a long time. In the end, the two forms were integrated on Kuaishou version 8.0. The main station retains the double-column community form, and at the same time opens up the entrance of single-column consumption experience; Kuaishou Express Edition fully assumes the important task of going up and down scenarios, capturing users, and its DAU continues to grow after exceeding 100 million.</p><p>On the other hand, at the Kuaishou Photosynthetic Creators Conference held in Guangzhou in April this year, Wang Jianwei, senior vice president of Kuaishou and head of the main site product department, clarified for the first time the principle of Kuaishou focusing on the private domain and expanding the public domain.</p><p>\"In terms of management complexity, it is definitely much easier to manage the public domain. Whoever does it can't be pulled down. But the private domain is equivalent to the creator having a little industry of his own there. It is particularly difficult to manage it or ignore it and in what way.\" Cheng Yixiao said,<b>Doing a good job and managing the private domain, allowing more producers to \"bloom\", can give the society more temperature and trust.</b></p><p>The integration of single and double columns, the combination of public and private domains, and the creation of an online community full of temperature and trust have reached a high degree of consensus within Kuaishou. \"The combination of public and private domains must be more difficult than just the public domain, and it is much more difficult, but this difficulty is precisely Kuaishou's biggest advantage. Once established, it is a huge threshold.\" A Kuaishou executive said that this is the differentiation and characteristic path between Kuaishou and other platforms.</p><p><b>Positive ecological cycle</b></p><p>In March 2021, Kuaishou released its first financial report after listing. In 2020, Kuaishou achieved revenue of 58.8 billion yuan, of which online marketing revenue was 21.9 billion yuan, accounting for 37.2%. In the fourth quarter, Kuaishou's online marketing revenue in a single quarter was 8.5 billion, surpassing live broadcast rewards to become Kuaishou's largest source of revenue.</p><p>In the subsequent Q1 financial report, Kuaishou's revenue structure continued this change, with online revenue accounting for more than 50%, followed by live broadcast and e-commerce.<b>Ten years after its establishment, Kuaishou has finally changed its income structure with single live broadcast revenue as the core, and online marketing and emerging business revenue have become two wings.</b></p><p><img src=\"https://static.tigerbbs.com/fb96d21633fc5737cf83ae2a90b2303b\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"></p><p>As we all know, Kuaishou's commercialization system was established relatively late. For a long time, Su Hua and Cheng Yixiao were very vigilant and rejected to the fact that commercial factors hurt user experience.</p><p>Before 2018, although Kuaishou had more than 100 million daily active users, it only developed live broadcast as the only way to monetize. The view of the two founders is,<b>Live broadcast is a user product, which does not hurt the user experience. When the live broadcast happens, the rewarding person is happy, the rewarding person is happy, and the rewarding person is also happy.</b></p><p>However, information flow advertising is different, which is likely to hurt the user experience, thus causing the loss of daily activity. Therefore, any core member of Kuaishou's commercialization can feel the difficulty of opening this door.</p><p>\"In the past, every time I sent income changes to the two founders, they all responded flat. Every time I said that I had done another experiment to optimize the user experience today, the reply was always very fast, and you could see what they felt deep in their hearts. Things are the most important thing.\" A person in charge of Kuaishou commercialization has a deep understanding of this.</p><p>Another person who has a deep understanding is Cao Shibo, general manager of Kuaishou Technology Business Revenue Management Center. Cao Shibo, who has a background in business analysis, joined Kuaishou in early 2018 and worked in many departments, all involving commercialization.</p><p>\"Before officially launching the commercial business, we spent a lot of time doing basic work, including algorithms, user experience systems, review systems, etc. The core of a lot of strategic thinking and preparation is that you can make money, but you can't hurt the user experience.\" Cao Shibo said.</p><p>Later, Kuaishou built a relatively complete indicator system. By introducing economic models, it measured how much money it would earn and how much DAU it would lose if this traffic was advertised and realized. Through systematic indicators and monitoring, the user experience was ensured.</p><p>\"Until today, we have very strict internal controls and mechanisms for the frequency of users watching advertisements, and strictly control the quality of advertising content.\" Cao Shibo said,<b>They invested hundreds of people to spend several months tagging users to ensure the accuracy of algorithm recommendation and crowd targeting.</b></p><p>When these basic tasks were completed, Kuaishou's commercialization system was launched, and the magnetic engine was launched, Kuaishou's online marketing revenue skyrocketed. In 2019, Kuaishou's online marketing revenue was 7.4 billion, 7.2 billion in the first half of 2020, and 21.9 billion for the whole year, with a growth rate of more than 200%.</p><p>Cao Shibo said that the commercialization of Kuaishou in 2021 will greatly expand the growth space of Kuaishou's online marketing revenue regardless of the number of brand advertisers, affiliate advertisements and the development of more advertising forms.</p><p>Similar to Kuaishou's experience of commercialization, Luo Qiong, vice president of Kuaishou e-commerce and head of platform experience, was also \"very uncomfortable\" when he first joined Kuaishou.</p><p>Luo Qiong has worked on traditional e-commerce platforms for 15 years, but the industry's very mature promotion and traffic sales logic often hits the wall of \"community ecology\" in Kuaishou.</p><p>For her, the task is not to create how much GMV, but to build trust among merchants, anchors and consumers, enhance community value, and make the cake bigger.</p><p><b>\"Traditional e-commerce relies heavily on goods, but Kuaishou actually relies heavily on people. For traditional e-commerce practitioners, this difference has a very strong shift in the focus, and you will find that from the community to people, and then to transaction conversion, this is A slow reflection, unlike efficient e-commerce, the short-term benefits are very beautiful.\"</b>Luo Qiong said that Kuaishou hopes to establish a brand-new form of e-commerce, which is based on the connection and trust between people.</p><p>This new type of trust relationship based on short videos and live broadcasts takes time to settle, but there is enough room for imagination. In 2020, the GMV of Kuaishou e-commerce reached 381.2 billion, an increase of 4,000 times in two years, and the average repurchase rate of users was as high as 65%.</p><p>In 2021, Kuaishou further proposed the concept of trust e-commerce, and built the mind and cognition of Kuaishou e-commerce with extreme trust, hoping to reconstruct the decision-making of one billion consumers in a new way. In fact, the rise of Kuaishou e-commerce is already changing the pattern of the traditional e-commerce industry.</p><p><img src=\"https://static.tigerbbs.com/210d2ee9a518657bfd7f5b6471c11fb2\" tg-width=\"1080\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p>More importantly,<b>Kuaishou's business ecosystem based on live broadcast, advertising, and e-commerce is feeding back tens of millions of content creators, allowing them to live better in this community. The business ecosystem and the content ecosystem are forming a positive cycle of mutual promotion.</b></p><p>This positive cycle is particularly important to support Kuaishou's vision. In the past ten years, Kuaishou has actually been a unique social experiment in the Internet field, focusing on ordinary people and benefiting equally and universally. This kind of experiment went smoothly at first, but later it encountered challenges. The two-wheel drive of the content ecosystem and the business ecosystem can make this chariot move forward more smoothly. Whether Kuaishou can be further successful can also verify that the Internet is important to human beings. What kind of tool is it-to rule people or to make people more equal.</p><p><b>From equality and inclusiveness to warmth and trust, the story of a decade is beginning.</b></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>Ten-year-old Kuaishou, the mirror image of the world</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\">\nTen-year-old Kuaishou, the mirror image of the world\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/101\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/98669fe7974e42f3976b3db47528792d);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">虎嗅APP </p>\n<p class=\"h-time smaller\">2021-06-15 17:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>At the end of 2011, the small<a href=\"https://laohu8.com/S/V03.SI\">Startups</a>GIF Kuaishou, founder Cheng Yixiao in<a href=\"https://laohu8.com/S/WB\">Weibo</a>, Douban and other platforms released a recruitment information: We sincerely seek a UI designer to be an entrepreneurial partner, providing competitive salary and generous equity.</p><p>Cheng Yixiao is a deep user of Douban. At that time, the two groups he often visited were \"IT Recruitment King\" and \"Graphic Designer\". The company was founded and the product started. This young man has an almost intuitive yearning for community and design.</p><p>2011 was a turbulent year:<b><a href=\"https://laohu8.com/S/ZH\">Zhihu</a>It has just been established, and Meituan has only been online for a year. Station B has just changed its name to bilibili from its predecessor \"Mikufans\". With the vigorous development of mobile Internet, coffee shops in Haidian District are as lively as vegetable markets, and countless people are involved in them.</b></p><p>Shortly after Cheng Yixiao's recruitment information was sent out, a UI designer joined GIF Kuaishou and became one of the earliest four employees. They live in a residential house in Aobei Community, Lishuiqiao, Haidian District, silently polishing this product.</p><p><img src=\"https://static.tigerbbs.com/6ce1483e15c5a30766ef7457ab4b0d79\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"></p><p>Ten years ago, the desk at the Aobei Center</p><p>Yang Yuanxi, co-founder of Kuaishou, recalled that work and life were inseparable at that time, and four people worked shifts at noon every day to order meals. \"At that time, there were only seven restaurants downstairs. Basically, the seven restaurants were arranged in different orders.\"</p><p>Maybe he couldn't stand such working and living conditions, or maybe he didn't have hope for the future of this small company. It didn't take long for the designer to leave GIF Kuaishou and passed by an era.</p><p>No one could have predicted that many years later, this company would create the entire era of short videos, and after some ups and downs of development, it was listed on the Hong Kong Stock Exchange, with a market value of one trillion Hong Kong dollars at one time, becoming the fifth largest Internet company in China.</p><p>So far, the other three early employees are still leading Kuaishou forward:<b>Co-founders Cheng Yixiao, Yin Xin and Yang Yuanxi, together with Su Hua, who joined Kuaishou in 2013, form the background of Kuaishou's unique product.</b></p><p>Ten years have passed in a blink of an eye, and countless companies have been lost in the big waves of the mobile Internet. In the ten years of Kuaishou, the weather was smooth and imminent. Under the pressure of strong competition, it finally tenaciously reached 300 million daily active users.</p><p><img src=\"https://static.tigerbbs.com/c39c2e4a9ed3d8016c44153dfc68ec2c\" tg-width=\"1080\" tg-height=\"1439\" referrerpolicy=\"no-referrer\"></p><p>Kuaishou lands on the Hong Kong Stock Exchange</p><p>This is a legendary story of ups and downs, and it is also a story of the past ten years<a href=\"https://laohu8.com/S/CHL\">China Mobile</a>A typical sample of the evolution of Internet companies. Products, technology, operations, business, when a young company sets foot on a fertile soil ahead of time, and its accumulation does not match the huge opportunities it faces, how to survive, develop, persist, evolve, and make key and correct decisions, and then start a protracted war.</p><p><b>Wind and cloud meeting</b></p><p>Shanghai, 2013. This afternoon, Zhang Fei, a partner of Morningside Capital, decided to meet the young man looking for investment.<b>The other party graduated from Tsinghua University and worked in<a href=\"https://laohu8.com/S/GOOG\">Google</a>、<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Hold office. While having a rich resume, he is also a serial entrepreneur with a tough personality and full of energy.</b></p><p>This is the second meeting between Zhang Fei and him. This young man named Su Hua is preparing to give up his entrepreneurial project and start more new attempts.</p><p>According to Zhang Fei's recollection, Su Hua talked about more than 20 projects at that time. \"Many particularly interesting entrepreneurial ideas, but after passing them one by one, I found that most of them were immature, and I also gave direct feedback.\"</p><p><img src=\"https://static.tigerbbs.com/2dcc717dcbd72669b175a38910eeb96a\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"></p><p>Four co-founders cut the cake at the listing site</p><p>One is looking for future-oriented investment targets, and the other is looking for a new entrepreneurial direction. For most of the day, the two people discussed countless possibilities of entrepreneurship, and then overthrew them one by one. Suddenly, Zhang Fei's mind flashed with inspiration:</p><p>\"I have a very good product manager here. Why don't you work with him?\" Zhang Fei said.</p><p>This \"very good product manager\" is Cheng Yixiao. As an angel investor of GIF Kuaishou,<b>Zhang Fei is very optimistic about mobile video in the 4G era, and GIF Aauto Quicker, as a primitive video form, makes him see some possibility.</b></p><p>Since its launch in 2011, GIF Kuaishou has accumulated many users and began to try to transform from a tool to a short video community, but it did not go smoothly.</p><p>As a product manager, Cheng Yixiao faces a simple challenge:<b>When users produce content through GIF Aauto Quicker and are willing to upload their works to the community section, how can everyone's works be seen by more people?</b>This is the most basic and ultimate incentive for the enthusiasm of creators.</p><p>At first, they adopted the general recommendation method, that is, making new works or works within seven days into a list every day. The list ranking is based on the popularity weights such as comments, sharing and likes of the works, and all users see it. It's the same list.</p><p>The number of works that can be recommended on the list is extremely limited, and it is easy to turn the head. Only talented and good-looking creators have the opportunity to be popular.<b>And Cheng Yixiao especially hopes to see ordinary people's works on the list.</b></p><p>Co-founder Yang Yuanxi recalled that in order to let as many people's works be seen as possible, the first thing they did when they went to work every day was to adjust the recommendation formula. Take A from 0.7 to 0.8 today and B from 0.5 to 0.4 tomorrow. Over time, the formula becomes more and more complicated, but the efficiency and effect are always not good.</p><p>This is not a problem that can be solved by product managers alone. The prototype of this video community needs the blessing of advanced technology and a brand-new algorithm and recommendation method.</p><p>When Zhang Fei came up with the idea of bringing Su Hua and Cheng Yixiao together by accident in Shanghai, it happened.<b>One holds the most advanced technical tools, and the other has strong understanding and design ability of products and communities. The two men met.</b></p><p>The latter story has been widely circulated today.<b>In the summer of 2013, Su Hua and Cheng Yixiao met at Jinyu Hotel in Beijing, and the two people who were not good at words chatted until two or three in the morning.</b>The two are highly consistent in values,<b>Thinks that the community should give more exposure to people, so that the work of ordinary people can be seen.</b></p><p>These simple concepts were later summarized as Kuaishou's fair and inclusive values, and subtly became the underlying logic of products and algorithms.</p><p>After the team merger and equity adjustment, Cheng Yixiao was in charge of the product, and Su Hua became CEO. They quickly did two \"big things\", one was to move the company to Wudaokou Huaqing Jiayuan, and the other was that Su Hua wrote down the recommendation algorithm on GIF Kuaishou. first line of code.</p><p><img src=\"https://static.tigerbbs.com/7d9ec949686d4de05a208052defcf5de\" tg-width=\"840\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p><p>Kuaishou in Wudaokou Huaqing Jiayuan</p><p>The technical force is powerful. The recommendations brought by Suhua to Kuaishou are personalized recommendations, thousands of people and thousands of faces. Everyone sees a different Kuaishou, and each work will be given initial cold start traffic. This epoch-making experience is applied to short videos for the first time, and the burst of energy is visible to the naked eye.</p><p><b>In April 2014, \"GIF Kuaishou\" was renamed Kuaishou, officially transforming into a short video community platform; On June 6, Kuaishou DAU exceeded one million for the first time; In January 2015, Kuaishou DAU exceeded 10 million; DAU reached 40 million at the end of 2016; The DAU at the end of 2017 exceeded 110 million.</b>Prior to this, Kuaishou had hardly done any market launch. The growth of users benefited from the accuracy and efficiency of long-tail content distribution under the concept of inclusiveness, as well as the platform's attention to ordinary people's lives.</p><p>An early employee of Kuaishou recalled the interview with Cheng Yixiao like this: \"In the first 50 to 60%, I was talking about the state that he was listening. Later, he took out his mobile phone and showed me the list of his concerns. What kind of people he paid attention to, and then he talked to me about everyone, just like his family, what kind of people they were, and what Kuaishou had experienced.\"</p><p>No matter Su Hua or Cheng Yixiao, they have maintained this habit so far. As founders, they have gained belief incentives that far exceed commercial returns from positive feedback, changes in fate and \"thank you to the official\" user reviews.</p><p>The battle starts</p><p>At the end of 2017, Kuaishou, as an Internet application with over 100 million DAU, had only more than 1,000 employees. Pushing forward another year, the company only had 600 to 700 employees.</p><p>To some extent, this verifies a hypothesis of Su Hua,<b>How large user scale products can a small technical team control; Without the interference of commercialization and strong operation, how long does it take to precipitate from community to social interaction?</b></p><p>This is a low-key, calm, enjoying growth and user feedback. More and more ordinary people use Kuaishou to record their lives, which makes this product unique and full of idealism, but it is not perfect, controversial, and even crises, and entered an inflection point in 2018-2019.</p><p><b>\"We have to do it, we have to fight!\"</b>In June 2019, at the headquarters of Kuaishou Xierqi, an early employee still remembers the cry made by co-founder Cheng Yixiao at the mobilization meeting.</p><p>This is a meeting that changed the course of Kuaishou's history. He said that when he saw the two founders who were not good at words walking on the stage, clenching their fists and calling on all the staff to participate, everyone present was excited.</p><p>From the start of its business in 2011 to the end of 2017, the DAU exceeded 100 million. As a pioneer in the short video industry, Kuaishou has not fought battles. One product after another such as Meipai has challenged Kuaishou's status. Until 2018, they encountered an unprecedentedly powerful opponent, ByteDance's<a href=\"https://laohu8.com/S/DYIN\">Douyin</a>, with new product logic, content distribution logic, and business logic, it has achieved rapid transcendence.</p><p>Finally, this battle can't be fought. According to the \"Late\" report, after the Spring Festival in 2019, Kuaishou executives and the product team went to Chongqing to conduct a user survey, which was internally called the \"Chongqing Conference\". Su Hua and Cheng Yixiao were directly stimulated by users and realized<b>Non-aggressive growth = handing over users to others; Disunity = acquiescence in the decline of team combat effectiveness.</b></p><p>On June 18, Su Hua and Cheng Yixiao issued a letter to all employees, bluntly stating the challenges and hidden dangers faced by Kuaishou: \"We are no longer the fastest team. As we grow up, our muscles begin to become weak, the response slows down, and our perception of connection with users is weakening.\" Of course, the first thing to bear the brunt is the user scale. Kuaishou launched the K3 campaign and set an annual goal of 300 million daily active users before the Spring Festival.</p><p>User scale is actually just an appearance.<b>Product form, user experience, distribution logic, organizational combat capabilities, operating systems, commercialization systems, and infrastructure are the gaps that need to be bridged in front of this \"small company\".</b></p><p>If in the past, products + technology and Xiaomi + rifles won the guerrilla warfare, now Kuaishou is faced with the ace of the whole system, with amazing combat power, extremely fast speed, and bold spending of money. If the founder himself cannot iterate and lead The overall evolution of the company, users are likely to vote with their feet.</p><p>Such cases abound in the history of mobile Internet, whether it is group buying, bike-sharing, or mobile e-commerce,<b>There have been many startups that set foot on the wind one or two steps ahead of time, and were eventually crushed by latecomers. Apart from luck, the core lies in the wind. Founders and companies did not quickly complete the evolution from \"small companies\" to \"big companies\".</b></p><p>Su Hua and Cheng Yixiao should be grateful for their courage and determination to launch the battle at that time. Today, although it is no longer the NO.1 on the track, Kuaishou has not been defeated by competition, but has become stronger in repeated contests with itself, opponents, and the market.</p><p>\"No powerful company has never been killed by others in the competition.\" Ma Hongbin, senior vice president of Kuaishou, said that the more competitive it is with friends, the more it grows.</p><p>Relying on the synchronous adjustment of products, algorithms, and operations, the high-speed operation of the organization, the cooperation of CCTV Spring Festival Gala, and the rise of the Extreme Edition, Kuaishou has achieved the K3 goal.</p><p>On May 24 this year, Kuaishou, which went public, released its first quarter results for 2021. The data shows,<b>The average daily active users of Kuaishou China's applications and mini programs reached 379.2 million, and the average daily usage time of daily active users was 99.3 minutes.</b></p><p>\"The opponent doesn't seem to beat us like much. No matter how we compete, we have also risen to 300 million.\" A person in charge of Kuaishou said that many people held back their strength before K3, and this battle has become an outlet to relieve anxiety. Let Kuaishou's situation finally bottom out.</p><p><b>Seek common ground while reserving differences</b></p><p>K3 has become a turning point for Kuaishou from Buddhism to wolf. Since then, the team has continued to expand, and the pace has become faster and faster. Every few months, Su Hua and the management team have to fight a big battle.</p><p>There is no turning back when opening the bow. Products need to change, algorithms need to change, operations need to change, business models need to change. A team of more than 10,000 people is seeking change and victory. All these changes will ultimately make Kuaishou Kuaishou, or will it become an opponent?</p><p>On the road of comprehensive evolution, what can and cannot be changed requires Kuaishou founders and executives to delineate a scope and repeatedly revise it during business growth.</p><p>In 2020 after K3, the direction, boundaries and logic of Kuaishou's evolution will gradually become clear:<b>Do operations light or heavy; Is the product double or single column? Do you pay attention to private domain or public domain?</b>These questions that once caused internal debate and confusion have been answered.</p><p>Before 2019, Kuaishou did not have a positive operating system. Based on the concept of not disturbing users, the so-called operating department mainly operated in a negative direction. How to determine and deal with creators who violated regulations, and how to deal with accounts who violated community rules.</p><p>After the launch of K3, Ma Hongbin, senior vice president of Kuaishou, took over and built the prototype of the operating system. The core problem to be solved,<b>The first is the introduction of high-quality creators, and the second is the distribution of high-quality content and the growth of creators. By operating creators and high-quality content, community activity, retention and new additions are enhanced.</b></p><p>For Kuaishou, operation drive is a new attempt. Kuaishou encourages ordinary people to record their lives, display them in two columns and give fair traffic, but the quality of the content is uneven, which seriously affects the perception and tonality of Kuaishou, thereby hurting the acceptance of users in first-and second-tier cities.</p><p>While focusing on managing the community atmosphere, it improves the quality of content by introducing high-quality creators and providing operation and traffic support. This has caused major changes in Kuaishou's content ecology from 2018 to 2019 and has become the basis for attracting incremental users.</p><p><img src=\"https://static.tigerbbs.com/6018cf1eb61869e628ebcc17fe3cdd61\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"></p><p>In 2018, the team building site of Kuaishou Platform R&D Department was transformed into a work site</p><p>It is understood that in the process of introducing talents and building a new operating system, the founder gave an underlying logic. No matter how the content changes, Kuaishou is still most concerned about and concerned about people. Liu Xiao, general manager of Kuaishou Content Operation Center, still remembers that during the interview, Su Hua spent nearly two hours telling her the story of \"Brother Grape\".</p><p>\"Interviews with other companies should not spend an hour and a half telling the story of a certain user, let alone the founder.\" She found that this company really cares about every creator.</p><p>“<b>The operating logic of Kuaishou and its friends is very different. We care more about people. At the moment, the other party still cares very much about the content and how good the content looks. This is a big underlying difference, which will lead to your distribution logic being completely different. \"</b>Liu Xiao said that in the past, Kuaishou's operation was biased towards management, which would tell you what you couldn't do, but now the creator service team has become a service provider.</p><p>At the beginning of 2020, after Liu Xiao joined Kuaishou, the operation began to enter the stage of refinement. In her view, the content ecosystem of Kuaishou is already very large, and any single vertical category can become a large-scale interest community. In such an environment, it is a very grand task to maintain the relationship between local and ecological, keep the ecological health and make the creator's experience better.</p><p>At the same time, Kuaishou's core management finally solved two thorny problems,<b>One is the choice of single-column and double-column, and the other is the balance between private domain and public domain.</b></p><p>Single-column and double-column have plagued Kuaishou for a long time. In the end, the two forms were integrated on Kuaishou version 8.0. The main station retains the double-column community form, and at the same time opens up the entrance of single-column consumption experience; Kuaishou Express Edition fully assumes the important task of going up and down scenarios, capturing users, and its DAU continues to grow after exceeding 100 million.</p><p>On the other hand, at the Kuaishou Photosynthetic Creators Conference held in Guangzhou in April this year, Wang Jianwei, senior vice president of Kuaishou and head of the main site product department, clarified for the first time the principle of Kuaishou focusing on the private domain and expanding the public domain.</p><p>\"In terms of management complexity, it is definitely much easier to manage the public domain. Whoever does it can't be pulled down. But the private domain is equivalent to the creator having a little industry of his own there. It is particularly difficult to manage it or ignore it and in what way.\" Cheng Yixiao said,<b>Doing a good job and managing the private domain, allowing more producers to \"bloom\", can give the society more temperature and trust.</b></p><p>The integration of single and double columns, the combination of public and private domains, and the creation of an online community full of temperature and trust have reached a high degree of consensus within Kuaishou. \"The combination of public and private domains must be more difficult than just the public domain, and it is much more difficult, but this difficulty is precisely Kuaishou's biggest advantage. Once established, it is a huge threshold.\" A Kuaishou executive said that this is the differentiation and characteristic path between Kuaishou and other platforms.</p><p><b>Positive ecological cycle</b></p><p>In March 2021, Kuaishou released its first financial report after listing. In 2020, Kuaishou achieved revenue of 58.8 billion yuan, of which online marketing revenue was 21.9 billion yuan, accounting for 37.2%. In the fourth quarter, Kuaishou's online marketing revenue in a single quarter was 8.5 billion, surpassing live broadcast rewards to become Kuaishou's largest source of revenue.</p><p>In the subsequent Q1 financial report, Kuaishou's revenue structure continued this change, with online revenue accounting for more than 50%, followed by live broadcast and e-commerce.<b>Ten years after its establishment, Kuaishou has finally changed its income structure with single live broadcast revenue as the core, and online marketing and emerging business revenue have become two wings.</b></p><p><img src=\"https://static.tigerbbs.com/fb96d21633fc5737cf83ae2a90b2303b\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"></p><p>As we all know, Kuaishou's commercialization system was established relatively late. For a long time, Su Hua and Cheng Yixiao were very vigilant and rejected to the fact that commercial factors hurt user experience.</p><p>Before 2018, although Kuaishou had more than 100 million daily active users, it only developed live broadcast as the only way to monetize. The view of the two founders is,<b>Live broadcast is a user product, which does not hurt the user experience. When the live broadcast happens, the rewarding person is happy, the rewarding person is happy, and the rewarding person is also happy.</b></p><p>However, information flow advertising is different, which is likely to hurt the user experience, thus causing the loss of daily activity. Therefore, any core member of Kuaishou's commercialization can feel the difficulty of opening this door.</p><p>\"In the past, every time I sent income changes to the two founders, they all responded flat. Every time I said that I had done another experiment to optimize the user experience today, the reply was always very fast, and you could see what they felt deep in their hearts. Things are the most important thing.\" A person in charge of Kuaishou commercialization has a deep understanding of this.</p><p>Another person who has a deep understanding is Cao Shibo, general manager of Kuaishou Technology Business Revenue Management Center. Cao Shibo, who has a background in business analysis, joined Kuaishou in early 2018 and worked in many departments, all involving commercialization.</p><p>\"Before officially launching the commercial business, we spent a lot of time doing basic work, including algorithms, user experience systems, review systems, etc. The core of a lot of strategic thinking and preparation is that you can make money, but you can't hurt the user experience.\" Cao Shibo said.</p><p>Later, Kuaishou built a relatively complete indicator system. By introducing economic models, it measured how much money it would earn and how much DAU it would lose if this traffic was advertised and realized. Through systematic indicators and monitoring, the user experience was ensured.</p><p>\"Until today, we have very strict internal controls and mechanisms for the frequency of users watching advertisements, and strictly control the quality of advertising content.\" Cao Shibo said,<b>They invested hundreds of people to spend several months tagging users to ensure the accuracy of algorithm recommendation and crowd targeting.</b></p><p>When these basic tasks were completed, Kuaishou's commercialization system was launched, and the magnetic engine was launched, Kuaishou's online marketing revenue skyrocketed. In 2019, Kuaishou's online marketing revenue was 7.4 billion, 7.2 billion in the first half of 2020, and 21.9 billion for the whole year, with a growth rate of more than 200%.</p><p>Cao Shibo said that the commercialization of Kuaishou in 2021 will greatly expand the growth space of Kuaishou's online marketing revenue regardless of the number of brand advertisers, affiliate advertisements and the development of more advertising forms.</p><p>Similar to Kuaishou's experience of commercialization, Luo Qiong, vice president of Kuaishou e-commerce and head of platform experience, was also \"very uncomfortable\" when he first joined Kuaishou.</p><p>Luo Qiong has worked on traditional e-commerce platforms for 15 years, but the industry's very mature promotion and traffic sales logic often hits the wall of \"community ecology\" in Kuaishou.</p><p>For her, the task is not to create how much GMV, but to build trust among merchants, anchors and consumers, enhance community value, and make the cake bigger.</p><p><b>\"Traditional e-commerce relies heavily on goods, but Kuaishou actually relies heavily on people. For traditional e-commerce practitioners, this difference has a very strong shift in the focus, and you will find that from the community to people, and then to transaction conversion, this is A slow reflection, unlike efficient e-commerce, the short-term benefits are very beautiful.\"</b>Luo Qiong said that Kuaishou hopes to establish a brand-new form of e-commerce, which is based on the connection and trust between people.</p><p>This new type of trust relationship based on short videos and live broadcasts takes time to settle, but there is enough room for imagination. In 2020, the GMV of Kuaishou e-commerce reached 381.2 billion, an increase of 4,000 times in two years, and the average repurchase rate of users was as high as 65%.</p><p>In 2021, Kuaishou further proposed the concept of trust e-commerce, and built the mind and cognition of Kuaishou e-commerce with extreme trust, hoping to reconstruct the decision-making of one billion consumers in a new way. In fact, the rise of Kuaishou e-commerce is already changing the pattern of the traditional e-commerce industry.</p><p><img src=\"https://static.tigerbbs.com/210d2ee9a518657bfd7f5b6471c11fb2\" tg-width=\"1080\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p>More importantly,<b>Kuaishou's business ecosystem based on live broadcast, advertising, and e-commerce is feeding back tens of millions of content creators, allowing them to live better in this community. The business ecosystem and the content ecosystem are forming a positive cycle of mutual promotion.</b></p><p>This positive cycle is particularly important to support Kuaishou's vision. In the past ten years, Kuaishou has actually been a unique social experiment in the Internet field, focusing on ordinary people and benefiting equally and universally. This kind of experiment went smoothly at first, but later it encountered challenges. The two-wheel drive of the content ecosystem and the business ecosystem can make this chariot move forward more smoothly. Whether Kuaishou can be further successful can also verify that the Internet is important to human beings. What kind of tool is it-to rule people or to make people more equal.</p><p><b>From equality and inclusiveness to warmth and trust, the story of a decade is beginning.</b></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b57241e30a2dc7e84d4588d7aafb919c","relate_stocks":{"01024":"快手-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186442864","content_text":"2011年底，刚刚组队的小创业公司GIF快手，创始人程一笑在微博、豆瓣等平台发布了一则招聘信息：诚求UI设计师一位做创业伙伴，提供有竞争力的薪酬以及丰厚的股权。\n程一笑是豆瓣深度用户，当时他经常逛的两个小组是“IT招聘王”和“平面设计师”。公司草创，产品肇始，这位年轻人对社区、设计有着近乎直觉般的向往。\n2011年是风起云涌的一年：知乎刚刚成立，美团也才上线一年，B站刚刚从前身“Mikufans”更名bilibili。随着移动互联网蓬勃发展，海淀区的咖啡厅像菜市场一样热闹，无数人投身其中。\n程一笑的招聘信息发出去不久，一位UI设计师加盟了GIF快手，成为最早期的4名员工之一。他们蜗居在海淀区立水桥奥北社区的一间民居里，默默打磨这款产品。\n\n十年前，奥北中心的办公桌\n快手联合创始人杨远熙回忆，当时工作和生活分不开，四个人每天中午轮班去订饭，“当时楼下一共也只有七个饭馆，基本是把七个饭馆，按照不同的顺序排一遍。”\n或许是无法忍受这样的工作和生活状态，或许对于这家小公司的未来不抱希望，那位设计师没过多久便离开了GIF快手，与一个时代擦肩而过。\n谁也无法预料，多年后这家公司会开创整个短视频时代，并在经历一番发展的风风雨雨后，在香港联交所上市，市值一度达万亿港元，成为国内第五大互联网公司。\n至今，其他三位早期员工还在带领快手前行：联合创始人程一笑、银鑫和杨远熙，连同2013年加入快手的宿华，他们构成了快手这款独特产品的底色。\n十年，转瞬即逝，无数公司湮没在移动互联网的大浪淘沙中。快手的十年，曾经风调雨顺，也曾迫在眉睫，在强大竞争压力下最终顽强冲上了3亿日活。\n\n快手登陆港交所\n这是一个跌宕传奇的故事，也是过去十年中国移动互联网公司进化的一个典型样本。产品、技术、运营、商业，当一家年轻公司提前踏上一片沃土，而它的积累又与面对的巨大机会并不匹配时，如何生存、发展、坚守、进化，做出关键且正确的决策，进而拉开了一场持久战。\n风云际会\n2013年，上海。这天下午，晨兴资本合伙人张斐决定见一见那位寻求投资的年轻人，对方毕业于清华大学，曾在谷歌、百度任职。履历丰富的同时，还是名连续创业者，性格坚韧且充满能量。\n这是张斐与他的第二次见面，这位叫宿华的年轻人正准备放弃自己手头的创业项目，展开更多新的尝试。\n据张斐回忆，宿华当时讲了20多个项目，“很多特别有趣的创业想法，但一个个过了之后，发现大部分并不成熟，我也很直接反馈。”\n\n上市现场四位联合创始人切蛋糕\n一个在寻找面向未来的投资标的，一个在寻求新的创业方向，大半天时间两个人讨论了创业的无数可能，然后一一推翻。突然间，张斐头脑中灵光一闪：\n“我这儿有一个挺好的产品经理，你要不跟他一起合作吧！”张斐开口道。\n这个“挺好的产品经理”就是程一笑。作为GIF快手的天使投资人，张斐对4G时代的手机视频十分看好，而GIF快手作为一种原始的视频形态让他看到了某种可能。\n自2011年上线，GIF快手已经积累了不少用户，并开始尝试从工具向短视频社区转型，但并不顺利。\n作为产品经理，程一笑面对着一个朴素的挑战：当用户通过GIF快手生产内容，并且愿意把作品上传到社区版块的时候，如何让每个人的作品被更多人看见？这是对创作者热情最基础，也是最终极的激励。\n最初，他们采用通用推荐的方式，就是每天把新的作品或者七天内的作品做成榜单，榜单排序是按照作品的评论、分享、点赞等热度权重打分而来，所有用户看到的是同一个榜单。\n榜单能够推荐的作品数量极其有限，容易头部化，有才艺、颜值的创作者才有机会上热门，而程一笑特别希望看到普通人的作品也能登上榜单。\n联合创始人杨远熙回忆，为了尽可能让更多人的作品被看到，他们每天上班第一件事就是调整推荐公式。今天把A从0.7调到0.8，明天把B从0.5调到0.4。时间一久，公式越改越复杂，效率和效果却始终不好。\n这不是光凭产品经理能够解决的问题，这个视频社区的雏形需要先进技术的加持，需要一种崭新的算法和推荐方式。\n当张斐在上海鬼使神差产生了将宿华、程一笑撮合到一起的想法时，风云际会。一个手握最先进的技术工具，一个对产品、社区有着强大的理解与设计能力。两个人见面了。\n后面的故事，到今天已经广为流传。2013年夏天，北京金隅酒店，宿华、程一笑见了面，两个不善言辞的人一直聊到凌晨两三点。两人在价值观上高度一致，认为社区应该给更多人曝光的机会，让普通人的作品被看到。\n这些朴素的理念，后来被总结为快手公平普惠的价值观，并在潜移默化中成为产品和算法的底层逻辑。\n团队合并、股权调整后，程一笑负责产品，宿华成为CEO，他们迅速做了两件“大事”，一是将公司搬到五道口华清嘉园，二是宿华为GIF快手写下了推荐算法的第一行代码。\n\n快手在五道口华清嘉园\n技术力量是强大的，宿华为快手带来的推荐是个性化推荐、千人千面，每个人看到的是不一样的快手，而每个作品都会给予初始的冷启动流量，这种划时代的体验第一次应用在短视频上，爆发的能量肉眼可见。\n2014年4月，“GIF快手”更名为快手，正式转型短视频社区平台；6月6日，快手DAU首次突破百万；2015年1月，快手DAU超过千万；2016年底DAU达4000万；2017年底DAU超过1.1亿。在此之前，快手几乎没有做过市场投放，用户增长得益于普惠理念下对长尾内容分发的精准和效率，以及平台对普通人生活的关注。\n一位快手早期员工这样回忆与程一笑的面试：“前面百分之五六十都是我在说他在听的状态。后来他就拿出手机，给我看他关注的列表，他关注了一些什么样的人，然后就滔滔不绝地跟我讲每个人，就像讲他的家人一样，他们是什么样的人，快手里经历过什么。”\n无论宿华还是程一笑，至今保持了这样的习惯。作为创始人，他们从一个个正向反馈、命运变迁和“感谢官方”的用户评价中，获得了远超过商业回报的信念激励。\n战斗打响\n2017年底，快手作为过亿DAU的互联网应用，员工规模只有1000多人，而再往前推一年，这家公司只有六七百人。\n在一定程度上，这验证了宿华的一种假设，一支小规模的技术团队到底可以驾驭多大用户规模的产品；没有商业化、强运营的干扰，从社区到社交，需要多长时间的沉淀。\n这是一段低调、平静、享受增长和用户反馈的日子，越来越多普通人用快手记录生活，让这款产品既独具特色，又充满理想主义，但它并不完美、不乏争议，甚至危机四伏，并在2018-2019年进入拐点。\n “必须得干，要战斗！”2019年6月，快手西二旗总部，一位早期员工至今记得联合创始人程一笑在动员大会上发出的呐喊。\n这是一次改变快手历史进程的会议。他说，当看到两位不善言辞的创始人走上台，握紧拳头，号召全员投入，在场的每个人都热血沸腾。\n自2011年创业到2017年底DAU破亿，作为短视频行业的开创者，快手不是没有打过仗，美拍等一款又一款产品，都曾挑战快手的地位。直到2018，他们遭遇了一个前所未有强大的对手，字节跳动旗下的抖音，用全新产品逻辑、内容分发逻辑、商业逻辑，实现了迅速超越。\n终于，这场仗不打不行了。据《晚点》报道，2019年春节后，快手高管和产品团队一起去重庆做了一场用户调研，内部称之为“重庆会议”，宿华和程一笑受到了来自用户的直接刺激，意识到不激进增长=把用户拱手让给他人；不团结作战=默许团队战斗力减退。\n6月18日，宿华和程一笑发布全员信，直言快手面对的挑战与隐患：“我们已经不是跑得最快的那支队伍，在长大的过程中，我们的肌肉开始变得无力，反应变慢，我们与用户的连接感知在变弱。”首当其冲的当然是用户规模，快手发起了K3战役，定下了春节前3亿日活的年度目标。\n用户规模其实只是表象，产品形态、用户体验、分发逻辑、组织作战能力、运营体系、商业化系统、基础设施才是横亘在这家“小公司”面前，需要跨越的一个个鸿沟。\n如果说过去是产品+技术、小米+步枪打赢了游击战，现在快手面对的则是整建制的王牌师、战力惊人、速度奇快、花钱大胆，如果创始人自己无法迭代，并且带领公司整体进化，用户很可能用脚投票。\n这样的案例在移动互联网历史上比比皆是，无论团购、共享单车，还是移动电商，都曾有众多创业公司提前一步或两步踏上风口，最终被后来者碾压，除了运气，核心还在于风口之上，创始人和公司没有迅速完成从“小公司”到“大公司”的进化。\n宿华和程一笑应当庆幸当时发起战斗的勇气与决心。如今，虽然不再是赛道上的NO.1，但快手没有被竞争打垮，而是在与自我、对手、市场的反复较量中，变得更强大。\n“从来没有哪家实力强的企业会在竞争中被别人干掉。”快手高级副总裁马宏彬表示，与友商之间基本是越竞争，越增长。\n依靠产品、算法、运营的同步调整，组织的高速运转、央视春晚合作以及极速版的崛起，快手实现了K3目标。\n今年5月24日，上市后的快手发布了2021年第一季度业绩。数据显示，快手中国应用程序及小程序的平均日活跃用户达到3.792亿，日活跃用户日均使用时长达99.3分钟。\n“对手好像没把我们打成什么样，别管怎么竞争，我们也涨到了3亿。“一位快手负责人表示，K3之前很多人憋了一股劲，这场战役成为一个缓解焦虑的出口，让快手处境终于触底反弹。\n求同存异\nK3成为快手从佛系到狼性的转折点，从此之后，团队持续扩张，节奏越来越快。每隔几个月，宿华和管理团队就要打一场大仗。\n开弓没有回头箭，产品要变，算法要变，运营要变，商业模式要变，1万多人的队伍求变、求胜，而所有这些变化最终要让快手成为快手，还是成为对手？\n而在全面进化的道路上，哪些能变，哪些不能变，需要快手创始人和高管划定一个范围，并在业务成长中反复修正。\nK3之后的2020年，快手进化的方向、边界和逻辑逐渐清晰：运营做轻还是做重；产品双列还是单列；重视私域还是公域，这些曾在内部引起争论和困惑的问题都有了答案。\n2019年前，快手没有正向运营体系，本着不打扰用户的理念，所谓的运营部门主要是负向运营，创作者违规了如何判定和处理，账号违反了社区规则如何处理。\nK3启动后，快手高级副总裁马宏彬接手并搭建了运营体系的雏形。核心要解决的问题，一是优质创作者引入，二是优质内容分发、创作者成长，通过运营创作者和优质内容，提升社区活跃度、留存并带来新增。\n对快手来说，运营驱动是全新尝试。快手鼓励普通人记录生活，双列展示并给予公平流量，但内容质量却参差不齐，严重影响了快手的观感和调性，进而伤害一二线城市用户的接受度。\n一边下重手治理社区风气，一边通过引入优质创作者提升内容品质，并给予运营和流量支持，这让快手内容生态在2018—2019年发生了重大变化，成为吸引增量用户的基础。\n\n2018年，快手平台研发部的团建现场变工作现场\n据了解，引入人才和建设新运营体系过程中，创始人给了一个底层逻辑，无论内容怎么变，快手最关注和最在意的仍然是人。快手内容运营中心总经理刘逍还记得，面试的时候，宿华花了近两个小时给她讲了“葡萄哥”的故事。\n“其他公司的面试，应该不会把一个半小时的时间都花在去讲某个用户的故事上，何况是创始人。”她发现，这家公司真的非常在乎每个创作者。\n“快手与友商的运营逻辑区别很大，我们更在乎人，对方此刻还是非常在乎内容，会在乎内容的好看程度，这是一个挺大的底层差异，会导致你的分发逻辑完全不一样。”刘逍说，过去快手的运营偏管理，会告诉你什么事情不能做，但现在的创作者服务团队，变成一个服务者角色。\n2020年初，刘逍入职快手后，运营开始进入精细化阶段。在她看来，快手内容生态已经非常庞大，任何单一垂类拿出来都可以成为一个大规模兴趣社区。在这样的环境下，维持局部与生态之间的关系，保持生态的健康，让创作者的体验更好，是个非常宏大的课题。\n与此同时，快手核心管理层终于解决了两个棘手问题，一是单列和双列的选择问题，二是私域和公域的平衡问题。\n单列和双列曾经困扰了快手很长时间，最终两种形态在快手8.0版本上实现了融合，主站保留双列社区形态，同时辟出单列消费体验的入口；快手极速版则全面承担起上下滑场景的重任，夺取用户，DAU破亿之后还在持续增长。\n另一方面，今年4月广州举办的快手光合创作者大会上，快手高级副总裁主站产品部负责人王剑伟首次明确了快手私域为主、公域扩容的原则。\n“从管理复杂度来讲，肯定是公域好管得多。谁行谁上，不行拉倒。但是私域相当于创作者有了自己的一点产业在那里，你到底是管还是不管、用什么样的方式管，难度特别大。”程一笑表示，把私域做好并管好，让更多生产者“绽放”，可以让社会有更多温度和信任。\n单双列融合、公私域结合，打造一个充满温度和信任的在线社区，在快手内部已经达成了高度共识，“公私域结合在一起，一定比只做公域难，而且难不少，但这个难点恰恰是快手最大的优势，一旦建立好了就是巨高的门槛。”一位快手高管表示，这就是快手与其他平台的差异化和特色道路。\n生态正循环\n2021年3月，快手发布了上市后的首份财报。2020年，快手实现营收588亿元，其中线上营销收入219亿元，占比37.2%。第四季度，快手线上营销单季收入85亿，超越直播打赏成为快手第一大收入来源。\n随后公布的Q1财报，快手收入结构延续这一变化，线上收入占比超过50%，直播、电商等紧随其后。成立十年，快手终于改变了以单一直播收入为核心的收入结构，线上营销和新兴业务收入成为两翼。\n\n众所周知，快手的商业化体系搭建较晚。在很长一段时间，宿华和程一笑都对商业因素伤害用户体验这件事十分警惕和排斥。\n2018年前，尽管快手已超过1亿日活，但只发展了直播作为唯一变现方式。两位创始人观点是，直播是一款用户产品，不伤害用户体验，当直播发生的时候，打赏的人开心，看打赏的人开心，被打赏的人也开心。\n但是，信息流广告不同，它很可能伤害用户体验，进而造成日活损失。所以，任何一个快手商业化的核心成员，都能感受到开启这扇大门的艰难。\n“过去我每次给两位创始人发收入变动，他们都反应平淡，每次说我今天又做了一个优化用户体验的实验，回复总是非常快，你就能看到他们内心深处对什么事是最重视的。”快手商业化一位负责人对此深有体会。\n另一位深有体会的是快手科技商业收益管理中心总经理曹世博。商业分析出身的曹世博2018年初加入快手，辗转过多个部门，均涉及商业化。\n“正式启动商业化业务前，我们花了大量时间做基础工作，包括算法、用户体验体系、审核体系等，很多战略层面的思考和准备，核心就是赚钱可以，但不能伤害用户体验。”曹世博说。\n后来，快手搭建了一个比较完备的指标体系，通过引入经济学模型去衡量，如果这个流量做广告变现会赚多少钱，又会损失多少DAU，通过体系化的指标、监测确保用户体验。\n“直到今天，我们内部对于用户看广告的频次有着非常严格的控制和机制，并且严控广告内容的质量。”曹世博说，他们投入了几百人花几个月之间去给用户打标签，以确保算法推荐和人群定向的精准。\n当这些基础工作搭建完成，快手商业化体系推出，磁力引擎上线后，快手线上营销收入直线上升。2019年，快手线上营销收入74亿，2020年上半年72亿，全年219亿，增速超过200%。\n曹世博表示，2021年快手商业化无论品牌广告主的数量、联盟广告以及更多广告形式的开拓，都在大大拓展快手线上营销收入的增长空间。\n与快手商业化拓土的经历类似，快手电商副总裁、平台体验负责人罗琼刚加入快手的时候，也“非常不适应”。\n罗琼在传统电商平台工作了15年，但业界非常成熟的促销、卖流量逻辑，在快手常常会撞在“社区生态”的墙上。\n对她来说，任务不是去创造多少GMV，而是构建商家、主播与消费者之间的信任度，提升社区价值，把蛋糕做大。\n“传统电商非常依赖货，快手其实非常依赖人，这种差异对传统电商从业者来说，重心有非常强烈的偏移，而且你会发现从社区到人，再到交易转化，这是个慢反射，不像效率型电商，短期效益很漂亮。”罗琼说，快手希望建立一种全新的电商形态，它基于人与人之间的连接和信任。\n这种基于短视频和直播建立的新型信任关系，需要时间沉淀，但想象空间足够大。2020年，快手电商GMV达到3812亿，两年增长了4000倍，用户平均复购率更是高达65%。\n2021年，快手进一步提出信任电商概念，以极致信任构建快手电商的心智和认知，希望用崭新方式重构十亿消费者的决策。实际上，快手电商的崛起，已经在改变传统电商行业格局。\n\n更重要的是，快手基于直播、广告、电商所搭建的商业生态，正在反哺数千万内容创作者，让他们在这个社区活得更好，商业生态正在与内容生态形成相互促进的正循环。\n这种正循环对于支撑快手的愿景尤为重要。过去十年，快手其实是互联网领域一个独一无二的社会实验，关注普通人，平等普惠。这样的实验一开始很顺利，后来遇到了的挑战，而内容生态系统和商业生态系统双轮驱动可以让这架战车更平稳前进，而快手能不能进一步成功，也可以验证互联网对人类来说是个什么性质的工具——统治人，还是让人更平等。\n从平等普惠，到温暖信任，快手下一个十年的故事正由此拉开序幕。","news_type":1,"symbols_score_info":{"90022":0.9,"01024":0.9}},"isVote":1,"tweetType":1,"viewCount":1614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187297251,"gmtCreate":1623754754873,"gmtModify":1704210607552,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187297251","repostId":"1119942956","repostType":4,"isVote":1,"tweetType":1,"viewCount":1254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184799069,"gmtCreate":1623723738751,"gmtModify":1704209627919,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184799069","repostId":"1187885612","repostType":4,"repost":{"id":"1187885612","kind":"news","pubTimestamp":1623716143,"share":"https://ttm.financial/m/news/1187885612?lang=en_US&edition=fundamental","pubTime":"2021-06-15 08:15","market":"us","language":"zh","title":"New U.S. stock group stocks have appeared! The stock soared more than 30% at one point","url":"https://stock-news.laohu8.com/highlight/detail?id=1187885612","media":"腾讯新闻 ","summary":"QQ音乐证券6月15日讯，美股市场上的“抱团股”交易找到了一个最新的目标：视频游戏硬件制造商Corsair（纳斯达克股票代码：CRSR，国内常称为“海盗船”）。在周一开盘时，该公司股价上涨31%，至4","content":"<p>QQ Music Securities reported on June 15 that the \"group stock\" transaction in the US stock market has found a latest target: video game hardware manufacturer Corsair (Nasdaq stock code: CRSR, often called \"pirate ship\" in China).<img src=\"https://static.tigerbbs.com/526ed9bd0e9cac06ab220066e0e90aa7\" tg-width=\"769\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At Monday's opening, the company's shares rose 31% to $40.70, the highest level since late February, before narrowing their gains and rising more than 11% by the close. The main reason for the rise in Corsair's stock price is that the number of mentions of the company on the \"Wallstreetbets\" sub-forum of Reddit forum has exploded.</p><p>According to data from Quiver Quantitional, as of Monday morning local time in the United States, the stock has been mentioned at least 1,180 times on the \"Wall Street Casino\" forum. Meanwhile, Wallstreetbets Trackers data showed a 17% increase in activity related to pirate ships. Before Corsair, there were a series of other companies that had become the favorite targets of \"Wall Street Casino\" forum users and \"group stocks\" crowds.</p><p>Corsair, founded in 1994, went public at a price of US $15.12 per share in September, with a valuation of US $1.6 billion and raised US $238 million. The stock has gained 13.08% so far this year and 169% since its IPO (initial public offering) listing.</p><p>Corsair is best known for the company's gaming hardware, which includes accessories ranging from green screens to mice and keyboards, as well as mature gaming PCs equipped with the latest chips from Intel (NASDAQ: INTC), AMD (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA), among others.</p><p>Gaming products have performed well over the past year as the Novel Coronavirus pandemic prompted governments to introduce restrictions that forced people around the world to stay at home. With not much to do, millions of people have turned to video games. However, so far this year, big gaming companies such as Activision Blizzard (NASDAQ: ATVI), Electronic Arts (NASDAQ: EA), and Take-Two Interactive (NASDAQ: TTWO) have all underperformed the S&P 500.</p><p>Corsair follows video GAME retailer GameStop (NYSE: GAME, often referred to domestically as \"GameStop\"), AMC Cinema Company (NYSE: AMC), BlackBerry (NYSE: BB) and others as the latest \"darling\" in the eyes of retail traders-though it's unclear whether investor interest in the stock will hold, given how quickly the stock is rising.</p><p>The gaming industry has also been affected by the ongoing global chip shortage, from consoles such as Sony's PlayStation5 and Microsoft's (NASDAQ: MSFT) Xbox Series X to graphics cards for PC games, which are hard for gamers to get their hands on.</p><p>On the \"Wall Street Casino\" forum, Corsair supporters said the stock was undervalued and worth holding because of the company's brand portfolio and positioning as a top third-party hardware seller.</p><p>\"Corsair is one of the few picks I mention here that I completely trust. It's the right stock to buy! Good luck!\" Wrote a Reddit user with the online name \"LaughingAdventureGame\".</p><p>Corsair isn't the only gaming stock that retail traders are bullish on, though. Logitech (NASDAQ: LOGI) is a company that makes standard office and gaming hardware accessories, and the stock has performed even better than Corsair in the past 12 months. Its shares jumped 122%, driven by growth in sales of webcams, mobile phones and gaming peripherals. In addition, Razer, another manufacturer of gaming peripherals, is also a favorite stock among retail investors in gaming stocks. The company makes its own line of laptops and desktops, as well as some of the most popular mice and keyboards among users.</p><p>Users of the \"Wall Street Casino\" forum predict that Corsair will \"swallow the gaming industry and become the stock that can always make millionaires\".</p><p>Unlike other popular \"group stocks\" such as GameStop and AMC Entertainment, Corsair's stock has solid fundamentals. The company went public in September 2020 and profited from accelerated sales during the pandemic as people sought home entertainment during the lockdown. In the most recent quarter, the company's earnings per share rose 383% to 58 cents; Sales rose 72% to $529 million.</p><p>Individual traders on social media platforms such as \"Wall Street Casino\" and Stocktwits encourage investors to pump money into heavily short-sold stocks, creating a so-called short squeeze that drives up the prices of those stocks. Therefore, since the beginning of this year, GameStop's stock price has soared by 1086%, and AMC Entertainment's stock price has risen by 2506%.</p><p>According to MarketSmith's chart analysis, Corsair stock rose 33% at one point, hitting an intraday high of $42.97 and breaking through the 50-day moving average. (Nebula)</p>","source":"highlight_tencentus","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>New U.S. stock group stocks have appeared! The stock soared more than 30% at one point</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\">\nNew U.S. stock group stocks have appeared! The stock soared more than 30% at one point\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯新闻 </strong><span class=\"h-time small\">2021-06-15 08:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>QQ Music Securities reported on June 15 that the \"group stock\" transaction in the US stock market has found a latest target: video game hardware manufacturer Corsair (Nasdaq stock code: CRSR, often called \"pirate ship\" in China).<img src=\"https://static.tigerbbs.com/526ed9bd0e9cac06ab220066e0e90aa7\" tg-width=\"769\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At Monday's opening, the company's shares rose 31% to $40.70, the highest level since late February, before narrowing their gains and rising more than 11% by the close. The main reason for the rise in Corsair's stock price is that the number of mentions of the company on the \"Wallstreetbets\" sub-forum of Reddit forum has exploded.</p><p>According to data from Quiver Quantitional, as of Monday morning local time in the United States, the stock has been mentioned at least 1,180 times on the \"Wall Street Casino\" forum. Meanwhile, Wallstreetbets Trackers data showed a 17% increase in activity related to pirate ships. Before Corsair, there were a series of other companies that had become the favorite targets of \"Wall Street Casino\" forum users and \"group stocks\" crowds.</p><p>Corsair, founded in 1994, went public at a price of US $15.12 per share in September, with a valuation of US $1.6 billion and raised US $238 million. The stock has gained 13.08% so far this year and 169% since its IPO (initial public offering) listing.</p><p>Corsair is best known for the company's gaming hardware, which includes accessories ranging from green screens to mice and keyboards, as well as mature gaming PCs equipped with the latest chips from Intel (NASDAQ: INTC), AMD (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA), among others.</p><p>Gaming products have performed well over the past year as the Novel Coronavirus pandemic prompted governments to introduce restrictions that forced people around the world to stay at home. With not much to do, millions of people have turned to video games. However, so far this year, big gaming companies such as Activision Blizzard (NASDAQ: ATVI), Electronic Arts (NASDAQ: EA), and Take-Two Interactive (NASDAQ: TTWO) have all underperformed the S&P 500.</p><p>Corsair follows video GAME retailer GameStop (NYSE: GAME, often referred to domestically as \"GameStop\"), AMC Cinema Company (NYSE: AMC), BlackBerry (NYSE: BB) and others as the latest \"darling\" in the eyes of retail traders-though it's unclear whether investor interest in the stock will hold, given how quickly the stock is rising.</p><p>The gaming industry has also been affected by the ongoing global chip shortage, from consoles such as Sony's PlayStation5 and Microsoft's (NASDAQ: MSFT) Xbox Series X to graphics cards for PC games, which are hard for gamers to get their hands on.</p><p>On the \"Wall Street Casino\" forum, Corsair supporters said the stock was undervalued and worth holding because of the company's brand portfolio and positioning as a top third-party hardware seller.</p><p>\"Corsair is one of the few picks I mention here that I completely trust. It's the right stock to buy! Good luck!\" Wrote a Reddit user with the online name \"LaughingAdventureGame\".</p><p>Corsair isn't the only gaming stock that retail traders are bullish on, though. Logitech (NASDAQ: LOGI) is a company that makes standard office and gaming hardware accessories, and the stock has performed even better than Corsair in the past 12 months. Its shares jumped 122%, driven by growth in sales of webcams, mobile phones and gaming peripherals. In addition, Razer, another manufacturer of gaming peripherals, is also a favorite stock among retail investors in gaming stocks. The company makes its own line of laptops and desktops, as well as some of the most popular mice and keyboards among users.</p><p>Users of the \"Wall Street Casino\" forum predict that Corsair will \"swallow the gaming industry and become the stock that can always make millionaires\".</p><p>Unlike other popular \"group stocks\" such as GameStop and AMC Entertainment, Corsair's stock has solid fundamentals. The company went public in September 2020 and profited from accelerated sales during the pandemic as people sought home entertainment during the lockdown. In the most recent quarter, the company's earnings per share rose 383% to 58 cents; Sales rose 72% to $529 million.</p><p>Individual traders on social media platforms such as \"Wall Street Casino\" and Stocktwits encourage investors to pump money into heavily short-sold stocks, creating a so-called short squeeze that drives up the prices of those stocks. Therefore, since the beginning of this year, GameStop's stock price has soared by 1086%, and AMC Entertainment's stock price has risen by 2506%.</p><p>According to MarketSmith's chart analysis, Corsair stock rose 33% at one point, hitting an intraday high of $42.97 and breaking through the 50-day moving average. (Nebula)</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://new.qq.com/omn/20210615/20210615A00M0V00.html\">腾讯新闻 </a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/526ed9bd0e9cac06ab220066e0e90aa7","relate_stocks":{},"source_url":"https://new.qq.com/omn/20210615/20210615A00M0V00.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187885612","content_text":"QQ音乐证券6月15日讯，美股市场上的“抱团股”交易找到了一个最新的目标：视频游戏硬件制造商Corsair（纳斯达克股票代码：CRSR，国内常称为“海盗船”）。在周一开盘时，该公司股价上涨31%，至40.70美元，创下了自2月末以来的最高水平，随后收窄涨幅，截至收盘时上涨逾11%。推动海盗船股价上涨的主因是，Reddit论坛下属“华尔街赌场”（Wallstreetbets）子论坛上提到该公司的次数呈现出爆炸式增长。\n根据Quiver Quantitional的数据，截至美国当地时间周一上午，该股在“华尔街赌场”论坛上至少被提及1180次。与此同时，Wallstreetbets Trackers数据显示，与海盗船有关的活动增加了17%。在海盗船之前，还有一系列其他公司已经成为“华尔街赌场”论坛用户和“抱团股”人群青睐的对象。\n成立于1994年的海盗船9月份以每股15.12美元的价格挂牌上市，估值达16亿美元，筹集到了2.38亿美元资金。今年到目前为止，该股累计上涨了13.08%，自IPO（首次公开募股）上市以来上涨了169%。\n海盗船最出名的是该公司的游戏硬件，其中包括从绿幕到鼠标和键盘等配件，以及配备了英特尔（纳斯达克股票代码：INTC）、AMD（纳斯达克股票代码：AMD）和英伟达（纳斯达克股票代码：NVDA）最新芯片的成熟游戏PC等。\n由于新冠病毒大流行促使各国政府出台了限制措施，导致世界各地的人们都不得不呆在家里，游戏产品在过去的一年时间里表现出色。由于没有太多事情可做，成百上千万的人转向了电子游戏。然而，今年到目前为止，动视暴雪（纳斯达克股票代码：ATVI）、电子艺界（纳斯达克股票代码：EA）和Take-Two Interactive（纳斯达克股票代码：TTWO）等大型游戏公司的表现都逊于标普500。\n海盗船紧随视频游戏零售商GameStop（纽约证券交易所股票代码：GAME，国内常称为“游戏驿站”）、AMC院线公司（纽约证券交易所股票代码：AMC）、黑莓（纽约证券交易所股票代码：BB）等公司之后，成为了散户交易员眼中最新的“宠儿”——尽管考虑到该股上涨的速度，目前还不清楚投资者对这只股票的兴趣是否会保持下去。\n游戏行业也受到全球芯片持续短缺的影响，从索尼PlayStation5和微软（纳斯达克股票代码：MSFT）的Xbox Series X等游戏机到PC游戏的显卡，游戏玩家很难买到这些产品。\n在“华尔街赌场”论坛上，海盗船的支持者们表示，由于该公司的品牌组合和作为顶级第三方硬件销售商的定位，这只股票被低估了，因此值得持有。\n“海盗船是我在这里提到的为数不多的几只我完全信任的精选股票之一。买这只股票准没错！祝你们好运！”一位网名为“LaughingAdventureGame”的Reddit用户写道。\n不过，海盗船并不是散户交易员看好的唯一游戏类股。罗技（纳斯达克股票代码：LOGI）是一家生产标准办公和游戏硬件配件的公司，该股在过去12个月时间里的表现甚至比海盗船还要好。在网络摄像头、手机和游戏外围设备销售增长的推动下，其股价上涨了122%。此外，另一家游戏外围设备制造商Razer也是游戏股中备受散户投资者青睐的一只股票，该公司生产自己的笔记本电脑和台式机系列产品，以及最受用户青睐的一些鼠标和键盘。\n“华尔街赌场”论坛用户预测，海盗船将会“吞下游戏行业，成为一直可以制造出百万富翁的股票”。\n与游戏驿站和AMC娱乐公司等其他流行的“抱团股”不同，海盗船的股票拥有坚实的基本面。该公司于2020年9月上市，并从大流行期间的加速销售中获利，因为人们在停摆期间寻求家庭娱乐。在最近一个季度中，该公司的每股收益上涨了383%，达到58美分；销售额增长了72%，达到5.29亿美元。\n“华尔街赌场”和Stocktwits等社交媒体平台上的个人交易员鼓励投资者将资金注入严重卖空的股票，造成所谓的轧空，从而推高这些股票的价格。因此，自今年年初以来，游戏驿站的股价飙升了1086%，AMC娱乐公司的股价更是已经上涨了2506%。\n根据MarketSmith图表分析，海盗船股价一度上涨33%，盘中触及42.97美元的高点，并突破50日移动平均线。（星云）","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707410,"gmtCreate":1623723686530,"gmtModify":1704209625642,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707410","repostId":"2143178705","repostType":4,"isVote":1,"tweetType":1,"viewCount":1199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707294,"gmtCreate":1623723676918,"gmtModify":1704209625319,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707294","repostId":"2143867731","repostType":4,"isVote":1,"tweetType":1,"viewCount":1788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707684,"gmtCreate":1623723670848,"gmtModify":1704209625157,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707684","repostId":"1159573154","repostType":4,"repost":{"id":"1159573154","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":1623719404,"share":"https://ttm.financial/m/news/1159573154?lang=en_US&edition=fundamental","pubTime":"2021-06-15 09:10","market":"us","language":"zh","title":"The United States launched a new round of financial sanctions, and Russia fought back strongly: sell dollars!","url":"https://stock-news.laohu8.com/highlight/detail?id=1159573154","media":"券商中国","summary":"拜登与普京会面前夕，美国和俄罗斯已经“掐得不可开交”。\n刚刚，美国对俄罗斯的新一轮金融制裁正式生效。自6月14日起，美国企业被禁止购买首次发行的俄罗斯国债，以欧元计价发行的俄罗斯国债也被纳入了禁止买入","content":"<p>On the eve of Biden's meeting with Putin, the United States and Russia were already \"pinched as bees.\"</p><p>Just now, a new round of financial sanctions imposed by the United States on Russia officially came into effect. Since June 14th, American companies have been banned from buying Russian Treasury Bond issued for the first time, and Russian Treasury Bond issued in euros have also been included in the scope of the ban on buying, which was once called the \"most powerful\" punishment in the financial market.</p><p>Russia's counterattack is also relentless. The Russian Ministry of Finance announced that it will change the structure of the national wealth fund in the next month, reducing the share of the US dollar to zero. At the same time, Russia almost completely emptied the long-term US Treasury Bond.</p><p>The timing of this round of contest between the two sides in the financial market is very sensitive. On June 16, local time, US President Biden will meet with Russian President Vladimir Putin in Geneva, Switzerland, for the US-Russia leaders' summit. On the eve of the summit, the heads of state of both sides had already released \"malicious words\", so the market expected that this meeting would be the most intense political game.</p><p>The \"most powerful\" financial sanctions? The United States puts pressure on Russia again</p><p>According to CCTV news reports, since June 14, the financial sanctions imposed by the United States on Russia have officially come into effect. The U.S. government prohibits domestic companies from buying the initial issue of Russian Treasury Bond (denominated in rubles), and Russian Treasury Bond denominated in euros are also included in the scope of the ban on buying, but American companies are allowed to trade Russian Treasury Bond in the secondary market.</p><p>So, how much impact will this punitive measure, which is regarded as the \"most powerful\" by the financial market, have on the Russian economy?</p><p>First of all, let's look at the scale of Russia's Treasury Bond issuance. According to the latest data from the Russian Federal Audit Office, as of the first quarter of 2021, Russia's Treasury Bond have increased by 741.3 billion rubles (approximately RMB 64.4 billion) compared with the previous quarter. The total scale of Russian debt is as high as 19.7 trillion rubles (approximately RMB 1.71 trillion), accounting for 17% of Russia's GDP.</p><p>At present, foreign investors hold approximately 2,798.9 billion rubles of Russian government bonds, accounting for approximately 14% of the total size of Russian debt. However, this part of the Treasury Bond belongs to the normal trading of the stock in the secondary market and is not subject to the restrictions of the US sanctions.</p><p>In addition, looking at the issuance side of the Russian Treasury Bond, German Gref, president of the Russian Federal Savings Bank, made it clear that Russia's relevant bond issuance plan will be completed on schedule. According to the disclosure of the Russian Ministry of Finance, starting from June 16, Russia will put the first Treasury Bond on the market, and will issue three Treasury Bond worth 500 billion rubles each on the same day.</p><p>Oxford Economics, a British analysis company, believes that since the United States only prohibits the purchase of Russian Treasury Bond in the primary market, the impact of the sanctions on the Russian Treasury Bond market is limited and more symbolic. If the sanctions (imposed by the United States on Russia) affect transactions in the secondary market, the threat effect will be very violent.</p><p>In the face of the U.S. financial sanctions coming into effect, Russian Finance Minister Siluanov also strongly stated that Russia's Treasury Bond will still maintain a high demand rate, and sanctions will only cause losses to U.S. companies.</p><p>In fact, this financial sanctions policy began in mid-April this year, when the U.S. government announced a series of measures to sanction Russia, including prohibiting U.S. companies from purchasing Russia's initial Treasury Bond, but allowing them to buy and sell Russia in the secondary market. Treasury Bond, effective from June 14, 2021.</p><p>At that time, the reasons given by the United States for sanctions were that Russia interfered in the U.S. election, hacked systems and a series of \"hostile acts\". In addition to prohibiting U.S. companies from buying Treasury Bond issued by Russia, it also expelled 10 Russian diplomats, while the U.S. Treasury Department sanctioned 32 Russian entities and individuals.</p><p>Fight back! Is Russia going to sell U.S. dollars and U.S. debt in a big way?</p><p>Russia has begun to \"fight back\" against the financial restrictions of the United States. On June 3, local time, Russian Finance Minister Siluanov said at the St. Petersburg International Economic Forum that the Russian Ministry of Finance will change the structure of the National Wealth Fund within one month, in which the share of the US dollar will be reduced to zero, the share of the British pound will be reduced to 5%, the Japanese yen will remain at 5%, the euro will increase to 40%, the RMB will increase to 30%, and gold will account for 20%.</p><p>It is reported that the Russian National Wealth Fund was established to support the Russian pension system, and its funds can also be used to make up for the budget deficit during the crisis. It has now become an important part of the budget assets of the Russian Federation.</p><p>According to data disclosed by official website, the Russian Ministry of Finance, as of May 1 this year, the total assets of the fund reached US $185.87 billion, or 13.82 trillion rubles (equivalent to RMB 1.2 trillion), accounting for 12% of Russia's GDP.</p><p><img src=\"https://static.tigerbbs.com/fa032108d554b578fd9c7f09ff52c6d4\" tg-width=\"796\" tg-height=\"580\" referrerpolicy=\"no-referrer\"></p><p>As of early May, the fund's liquid assets were worth about $119 billion, of which one-third (about $41.5 billion) were in US dollars. This means that in the next month, the Russian National Wealth Fund will sell dollars sharply.</p><p>On February 24 this year, the Ministry of Finance of the Russian Federation announced that RMB and Japanese yen would be included in the National Wealth Fund, and the two currencies accounted for 15% and 5% of the foreign exchange structure of the fund respectively. At the same time, the shares of the US dollar and euro both fell to 35%, while the share of the British pound remained unchanged at 10%.</p><p>In response to a question about the adjustment of the investment structure of the National Wealth Fund, Russian Presidential Press Secretary Peskov said that de-dollarization is a long-term process visible to the naked eye. Not only Russia is de-dollarizing, but many countries in the world are also doing similar things. Because these countries are beginning to worry about the reliability of major foreign exchange reserve currencies.</p><p>Before March 2018, the US dollar had been one of the most important foreign exchange reserves of the Russian Central Bank, accounting for 43%-48%. Later, due to the increasing tightening of U.S. sanctions on Russian companies and citizens, in order to minimize the risk of sanctions, the Russian Central Bank began to continuously reduce the proportion of the U.S. dollar in foreign exchange reserves. By the end of 2020, the U.S. dollar and U.S. dollar assets in Russia's international reserves The proportion of reserves has dropped to 21.2%, and the proportions of gold and RMB have increased to 23.3% and 12.8%.</p><p>While Russia sold the US dollar, it also reduced its holdings of US Treasury Bond in a \"clearance-style\" manner. According to the latest data released by the U.S. Treasury Department, in February this year, Russia almost completely emptied its long-term U.S. Treasury Bond (only US $306 million left), reduced its holdings of U.S. debt by US $389 million that month, and finally dropped its position to US $5.8 billion. Compared with Russia's highest holdings of U.S. debt, the cumulative selling ratio reached 94%.</p><p>Biden and Putin are about to meet, how to talk about it?</p><p>Behind the secret rivalry between the United States and Russia, perhaps it is for the upcoming summit of leaders of the United States and Russia.</p><p>According to the official website of the White House, US President Biden will meet with Russian President Vladimir Putin in Geneva, Switzerland on June 16, local time.</p><p>At this time, Biden was already in Europe and had just finished attending the G7 summit. After three days of dialogue and consultation, the leaders of the Group of Seven announced that they had reached a certain consensus on fighting the epidemic, rebuilding the economy, trade reform, green transformation, etc. It will be announced in the form of a summit communique.</p><p>The G7 communique mentioned China many times, including Xinjiang, Hong Kong, Taiwan Province and other issues. Subsequently, in response to a reporter's question, the spokesman of the Chinese Embassy in the UK said that the G7 communique made remarks on Xinjiang, Hong Kong, Taiwan Province and other issues that distorted facts and reversed right and wrong, deliberately slandered China and interfered in China's internal affairs. This is a serious violation of the basic norms of international relations and further exposed the sinister intentions of the United States and a few other countries. We are strongly dissatisfied with and resolutely opposed to this.</p><p>India, which is plagued by the epidemic, is also making small calculations. The Global Times quoted foreign media reports that India may join the G7 infrastructure plan, which aims to provide a so-called \"value-driven, high-standard, and transparent\" partnership to counter China's \"One Belt One Road\" initiative.</p><p>If the G7 summit is a game of words behind closed doors, then the US-Russia leaders' summit on June 16 will most likely not make it so easy for Biden. The meeting between Biden and Putin will most likely be The most intense political game.</p><p>In fact, we can smell a strong smell of gunpowder from a series of signals released by the United States and Russia before the meeting.</p><p>On June 6, Biden published a signed article in the Washington Post. The United States does not seek conflict with Russia, but will not hesitate to respond to Russia's harmful activities in the future. When meeting with Putin, it will re-emphasize the commitment of the United States, Europe and like-minded * countries to support human rights and dignity.</p><p>According to CCTV News, on June 4, local time, Russian President Vladimir Putin spoke at the St. Petersburg International Economic Forum. Talking about the upcoming summit of Russia-US leaders, he said that Russia-US relations are at an extremely low level, and he will find ways to solve the problems in the relations between the two countries with US President Biden, and will discuss strategic stability, arms reduction, COVID-19 pandemic pandemic and other issues.</p><p>Putin pointed out that there is no difference between Russia and the United States, but the United States wants to contain Russia's development. He said that the relationship between Russia and the United States has largely become a bargaining chip for the United States to govern its internal affairs, and hoped that this situation would end at some point.</p><p>In addition to the mutual temptation of the two heads of state at the verbal level, the wrestling of military forces between the United States and Russia has also become frequent. On June 11, the National Defense Management Center of the Russian Ministry of Defense announced that the guided missile destroyer \"Labune\" of the US Navy entered the Black Sea, and the Russian Black Sea Fleet had begun to monitor it.</p><p>On the same day, the Pentagon suddenly announced that it would allocate US $150 million in security assistance to Ukraine to help Ukraine maintain its territorial integrity and improve its coordination capabilities with NATO. On the Russian side, the Russian Navy held the largest military exercise since the disintegration of the Soviet Union, showing off its muscles.</p><p>From this point of view, the secret competition between the United States and Russia at the financial and military levels may be to increase the weight of negotiations for the upcoming US-Russia leadership summit.</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>The United States launched a new round of financial sanctions, and Russia fought back strongly: sell dollars!</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe United States launched a new round of financial sanctions, and Russia fought back strongly: sell dollars!\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\">2021-06-15 09:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On the eve of Biden's meeting with Putin, the United States and Russia were already \"pinched as bees.\"</p><p>Just now, a new round of financial sanctions imposed by the United States on Russia officially came into effect. Since June 14th, American companies have been banned from buying Russian Treasury Bond issued for the first time, and Russian Treasury Bond issued in euros have also been included in the scope of the ban on buying, which was once called the \"most powerful\" punishment in the financial market.</p><p>Russia's counterattack is also relentless. The Russian Ministry of Finance announced that it will change the structure of the national wealth fund in the next month, reducing the share of the US dollar to zero. At the same time, Russia almost completely emptied the long-term US Treasury Bond.</p><p>The timing of this round of contest between the two sides in the financial market is very sensitive. On June 16, local time, US President Biden will meet with Russian President Vladimir Putin in Geneva, Switzerland, for the US-Russia leaders' summit. On the eve of the summit, the heads of state of both sides had already released \"malicious words\", so the market expected that this meeting would be the most intense political game.</p><p>The \"most powerful\" financial sanctions? The United States puts pressure on Russia again</p><p>According to CCTV news reports, since June 14, the financial sanctions imposed by the United States on Russia have officially come into effect. The U.S. government prohibits domestic companies from buying the initial issue of Russian Treasury Bond (denominated in rubles), and Russian Treasury Bond denominated in euros are also included in the scope of the ban on buying, but American companies are allowed to trade Russian Treasury Bond in the secondary market.</p><p>So, how much impact will this punitive measure, which is regarded as the \"most powerful\" by the financial market, have on the Russian economy?</p><p>First of all, let's look at the scale of Russia's Treasury Bond issuance. According to the latest data from the Russian Federal Audit Office, as of the first quarter of 2021, Russia's Treasury Bond have increased by 741.3 billion rubles (approximately RMB 64.4 billion) compared with the previous quarter. The total scale of Russian debt is as high as 19.7 trillion rubles (approximately RMB 1.71 trillion), accounting for 17% of Russia's GDP.</p><p>At present, foreign investors hold approximately 2,798.9 billion rubles of Russian government bonds, accounting for approximately 14% of the total size of Russian debt. However, this part of the Treasury Bond belongs to the normal trading of the stock in the secondary market and is not subject to the restrictions of the US sanctions.</p><p>In addition, looking at the issuance side of the Russian Treasury Bond, German Gref, president of the Russian Federal Savings Bank, made it clear that Russia's relevant bond issuance plan will be completed on schedule. According to the disclosure of the Russian Ministry of Finance, starting from June 16, Russia will put the first Treasury Bond on the market, and will issue three Treasury Bond worth 500 billion rubles each on the same day.</p><p>Oxford Economics, a British analysis company, believes that since the United States only prohibits the purchase of Russian Treasury Bond in the primary market, the impact of the sanctions on the Russian Treasury Bond market is limited and more symbolic. If the sanctions (imposed by the United States on Russia) affect transactions in the secondary market, the threat effect will be very violent.</p><p>In the face of the U.S. financial sanctions coming into effect, Russian Finance Minister Siluanov also strongly stated that Russia's Treasury Bond will still maintain a high demand rate, and sanctions will only cause losses to U.S. companies.</p><p>In fact, this financial sanctions policy began in mid-April this year, when the U.S. government announced a series of measures to sanction Russia, including prohibiting U.S. companies from purchasing Russia's initial Treasury Bond, but allowing them to buy and sell Russia in the secondary market. Treasury Bond, effective from June 14, 2021.</p><p>At that time, the reasons given by the United States for sanctions were that Russia interfered in the U.S. election, hacked systems and a series of \"hostile acts\". In addition to prohibiting U.S. companies from buying Treasury Bond issued by Russia, it also expelled 10 Russian diplomats, while the U.S. Treasury Department sanctioned 32 Russian entities and individuals.</p><p>Fight back! Is Russia going to sell U.S. dollars and U.S. debt in a big way?</p><p>Russia has begun to \"fight back\" against the financial restrictions of the United States. On June 3, local time, Russian Finance Minister Siluanov said at the St. Petersburg International Economic Forum that the Russian Ministry of Finance will change the structure of the National Wealth Fund within one month, in which the share of the US dollar will be reduced to zero, the share of the British pound will be reduced to 5%, the Japanese yen will remain at 5%, the euro will increase to 40%, the RMB will increase to 30%, and gold will account for 20%.</p><p>It is reported that the Russian National Wealth Fund was established to support the Russian pension system, and its funds can also be used to make up for the budget deficit during the crisis. It has now become an important part of the budget assets of the Russian Federation.</p><p>According to data disclosed by official website, the Russian Ministry of Finance, as of May 1 this year, the total assets of the fund reached US $185.87 billion, or 13.82 trillion rubles (equivalent to RMB 1.2 trillion), accounting for 12% of Russia's GDP.</p><p><img src=\"https://static.tigerbbs.com/fa032108d554b578fd9c7f09ff52c6d4\" tg-width=\"796\" tg-height=\"580\" referrerpolicy=\"no-referrer\"></p><p>As of early May, the fund's liquid assets were worth about $119 billion, of which one-third (about $41.5 billion) were in US dollars. This means that in the next month, the Russian National Wealth Fund will sell dollars sharply.</p><p>On February 24 this year, the Ministry of Finance of the Russian Federation announced that RMB and Japanese yen would be included in the National Wealth Fund, and the two currencies accounted for 15% and 5% of the foreign exchange structure of the fund respectively. At the same time, the shares of the US dollar and euro both fell to 35%, while the share of the British pound remained unchanged at 10%.</p><p>In response to a question about the adjustment of the investment structure of the National Wealth Fund, Russian Presidential Press Secretary Peskov said that de-dollarization is a long-term process visible to the naked eye. Not only Russia is de-dollarizing, but many countries in the world are also doing similar things. Because these countries are beginning to worry about the reliability of major foreign exchange reserve currencies.</p><p>Before March 2018, the US dollar had been one of the most important foreign exchange reserves of the Russian Central Bank, accounting for 43%-48%. Later, due to the increasing tightening of U.S. sanctions on Russian companies and citizens, in order to minimize the risk of sanctions, the Russian Central Bank began to continuously reduce the proportion of the U.S. dollar in foreign exchange reserves. By the end of 2020, the U.S. dollar and U.S. dollar assets in Russia's international reserves The proportion of reserves has dropped to 21.2%, and the proportions of gold and RMB have increased to 23.3% and 12.8%.</p><p>While Russia sold the US dollar, it also reduced its holdings of US Treasury Bond in a \"clearance-style\" manner. According to the latest data released by the U.S. Treasury Department, in February this year, Russia almost completely emptied its long-term U.S. Treasury Bond (only US $306 million left), reduced its holdings of U.S. debt by US $389 million that month, and finally dropped its position to US $5.8 billion. Compared with Russia's highest holdings of U.S. debt, the cumulative selling ratio reached 94%.</p><p>Biden and Putin are about to meet, how to talk about it?</p><p>Behind the secret rivalry between the United States and Russia, perhaps it is for the upcoming summit of leaders of the United States and Russia.</p><p>According to the official website of the White House, US President Biden will meet with Russian President Vladimir Putin in Geneva, Switzerland on June 16, local time.</p><p>At this time, Biden was already in Europe and had just finished attending the G7 summit. After three days of dialogue and consultation, the leaders of the Group of Seven announced that they had reached a certain consensus on fighting the epidemic, rebuilding the economy, trade reform, green transformation, etc. It will be announced in the form of a summit communique.</p><p>The G7 communique mentioned China many times, including Xinjiang, Hong Kong, Taiwan Province and other issues. Subsequently, in response to a reporter's question, the spokesman of the Chinese Embassy in the UK said that the G7 communique made remarks on Xinjiang, Hong Kong, Taiwan Province and other issues that distorted facts and reversed right and wrong, deliberately slandered China and interfered in China's internal affairs. This is a serious violation of the basic norms of international relations and further exposed the sinister intentions of the United States and a few other countries. We are strongly dissatisfied with and resolutely opposed to this.</p><p>India, which is plagued by the epidemic, is also making small calculations. The Global Times quoted foreign media reports that India may join the G7 infrastructure plan, which aims to provide a so-called \"value-driven, high-standard, and transparent\" partnership to counter China's \"One Belt One Road\" initiative.</p><p>If the G7 summit is a game of words behind closed doors, then the US-Russia leaders' summit on June 16 will most likely not make it so easy for Biden. The meeting between Biden and Putin will most likely be The most intense political game.</p><p>In fact, we can smell a strong smell of gunpowder from a series of signals released by the United States and Russia before the meeting.</p><p>On June 6, Biden published a signed article in the Washington Post. The United States does not seek conflict with Russia, but will not hesitate to respond to Russia's harmful activities in the future. When meeting with Putin, it will re-emphasize the commitment of the United States, Europe and like-minded * countries to support human rights and dignity.</p><p>According to CCTV News, on June 4, local time, Russian President Vladimir Putin spoke at the St. Petersburg International Economic Forum. Talking about the upcoming summit of Russia-US leaders, he said that Russia-US relations are at an extremely low level, and he will find ways to solve the problems in the relations between the two countries with US President Biden, and will discuss strategic stability, arms reduction, COVID-19 pandemic pandemic and other issues.</p><p>Putin pointed out that there is no difference between Russia and the United States, but the United States wants to contain Russia's development. He said that the relationship between Russia and the United States has largely become a bargaining chip for the United States to govern its internal affairs, and hoped that this situation would end at some point.</p><p>In addition to the mutual temptation of the two heads of state at the verbal level, the wrestling of military forces between the United States and Russia has also become frequent. On June 11, the National Defense Management Center of the Russian Ministry of Defense announced that the guided missile destroyer \"Labune\" of the US Navy entered the Black Sea, and the Russian Black Sea Fleet had begun to monitor it.</p><p>On the same day, the Pentagon suddenly announced that it would allocate US $150 million in security assistance to Ukraine to help Ukraine maintain its territorial integrity and improve its coordination capabilities with NATO. On the Russian side, the Russian Navy held the largest military exercise since the disintegration of the Soviet Union, showing off its muscles.</p><p>From this point of view, the secret competition between the United States and Russia at the financial and military levels may be to increase the weight of negotiations for the upcoming US-Russia leadership summit.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cfe8ba21c8b5ac2b562fdf822ed7fcb2","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159573154","content_text":"拜登与普京会面前夕，美国和俄罗斯已经“掐得不可开交”。\n刚刚，美国对俄罗斯的新一轮金融制裁正式生效。自6月14日起，美国企业被禁止购买首次发行的俄罗斯国债，以欧元计价发行的俄罗斯国债也被纳入了禁止买入的范围，一度被称为金融市场“威力最大”的惩罚措施。\n俄罗斯的反击也毫不手软，俄罗斯财政部宣布，将在未来一个月内改变国家财富基金的结构，将美元的份额减少到零，同时俄罗斯几乎完全清空了美国长期国债。\n双方在金融市场的这一轮较量的时点非常敏感，当地时间6月16日，美国总统拜登将与俄罗斯总统普京在瑞士日内瓦会晤，进行美俄领导人峰会。峰会前夕，双方元首都已放出了“狠话”，因此市场预期，这场会晤将是一场最激烈的政治博弈。\n“威力最大”的金融制裁？美国又对俄罗斯施压\n据央视新闻报道，自6月14日起，美国对俄罗斯的金融制裁措施正式生效。美国政府禁止本国企业购买首次发行的俄罗斯国债（以卢布计价），以欧元计价发行的俄罗斯国债也被纳入禁止买入的范围，但允许美国企业在二级市场上交易俄罗斯国债。\n那么，这项被金融市场视为“威力最大”的惩罚措施，将会对俄罗斯经济造成多大的影响呢？\n首先来看，俄罗斯的国债发行规模，据俄罗斯联邦审计署最新数据显示，截至2021年一季度，俄罗斯国债较前一季度增加了7413亿卢布（约合人民币644亿元），俄债总规模高达19.7万亿卢布（约合人民币1.71万亿元），占俄罗斯GDP的比例达到17%。\n目前，外国投资者持有的俄罗斯联邦政府债券约为27989亿卢布，约占俄债总规模的14%，但这部分国债属于存量在二级市场正常交易，并不受美国此次制裁措施的限制。\n另外，再看俄罗斯国债的发行端，俄罗斯联邦储蓄银行行长格尔曼·格列夫明确表示，俄罗斯的相关发债计划将如期完成。据俄罗斯财政部披露，自6月16日起，俄罗斯将向市场投放首次发行的国债，并将于当日发行3款价值分别为5000亿卢布的国债。\n英国分析公司牛津经济认为，由于美国只禁止在一级市场购买俄罗斯国债，因此制裁措施对俄罗斯国债市场影响有限，更多的是象征性影响。如果（美国对俄罗斯的）制裁影响二级市场的交易，那么威胁效果将会非常猛烈。\n面对美国金融制裁措施生效，俄罗斯财政部长西卢安诺夫也强硬表示，俄罗斯国债仍将保持高需求率，制裁只会给美国公司造成损失。\n其实，这项金融制裁政策始于今年4月中旬，当时美国政府宣布了制裁俄罗斯的一系列措施，其中便包括了禁止美国公司购买俄罗斯初始国债，但是可以在二级市场上买卖俄罗斯国债，自2021年6月14日起生效。\n当时，美国给出的制裁理由是，俄罗斯干预美国大选、黑客入侵系统以及一连串的“敌意行为”，除了禁止美国企业购买俄罗斯发行的国债以外，还驱逐了10名俄罗斯外交官，美国财政部则制裁了32个俄罗斯实体和个人。\n反击！俄罗斯要大举抛售美元、美债？\n对于美国的金融限制措施，俄罗斯已经开始“反击”。当地时间6月3日，俄罗斯财政部长西卢安诺夫在圣彼得堡国际经济论坛上表示，俄罗斯财政部将在一个月内改变国家财富基金的结构，其中美元的份额将减少到零，英镑减持到5%，日元保持5%的比例，欧元将增长到40%，人民币增长到30%，黄金则将占比20%。\n据悉，俄罗斯国家财富基金的成立是为了支持俄罗斯养老金体系，其资金也可以用于弥补危机时期的预算赤字，现已经成为了俄罗斯联邦预算资产的重要组成部分。\n据俄罗斯财政部官网披露的数据显示，截至今年5月1日，该基金的资产总额高达1858.7亿美元，即13.82万亿卢布（折合人民币1.2万亿元），占俄罗斯GDP的12%。\n\n截至5月初，该基金的流动性资产大约价值1190亿美元，其中有三分之一（约415亿美元）为美元资产。意味着，未来1个月内，俄罗斯国家财富基金将大幅抛售美元。\n今年2月24日，俄罗斯联邦财政部曾宣布，将人民币和日元纳入国家财富基金，2种货币在该基金外汇结构中占比分别为15%和5%。与此同时，美元和欧元占比均降至35%，而英镑占比仍保持10%不变。\n俄罗斯总统新闻秘书佩斯科夫在回答关于国家财富基金调整投资结构的问题时表示，去美元化是一个长期的肉眼可见的过程，不仅俄罗斯在去美元化，世界上许多国家也在做类似的事情，因为这些国家开始对主要外汇储备货币的可靠性感到担忧。\n在2018年3月之前，美元一直是俄罗斯央行最重要的外汇储备之一，占比一度高达43%-48%。之后，由于美国对俄罗斯企业和公民的制裁日益收紧，为最大程度地降低制裁风险，俄罗斯央行开始不断减少美元在外汇储备中的占比，截止到2020年年底，美元以及美元资产在俄罗斯国际储备中的占比已降至21.2%，黄金和人民币占比提升至23.3%、12.8%。\n俄罗斯抛售美元的同时，更是“清仓式”减持美国国债。据美国财政部最新公布的数据显示，今年2月，俄罗斯就几乎完全清空了美国长期国债（只剩3.06亿美元），当月减持美债3.89亿美元，最终持仓规模降到58亿美元，相比俄罗斯最高持有的美债，累计抛售比例达到94%。\n拜登与普京即将会面，怎么谈？\n美国和俄罗斯双方暗暗较劲的背后，或许是为了即将召开的美俄领导人峰会。\n据美国白宫官网披露，美国总统拜登将于当地时间6月16日与俄罗斯总统普京在瑞士日内瓦会晤。\n此时，拜登已经身在欧洲，刚刚参见完了G7峰会，经过3天的对话和磋商，七国集团领导人宣布，在抗击疫情、重建经济、贸易改革、绿色转型等方面达成一定共识，并以峰会公报形式予以公布。\nG7公报中多次提及中国，更是涉及了新疆、香港、台湾等问题。随后，中国驻英国使馆发言人在答记者问时表示，G7公报在新疆、香港、台湾等问题上发表了歪曲事实、颠倒是非的言论，对中方进行蓄意诬蔑，对中国内政横加干涉，这是对国际关系基本准则的严重违反，进一步暴露出美国等少数国家的险恶用心，我们对此强烈不满和坚决反对。\n被疫情困扰的印度也在打着小算盘，环球时报援引外媒报道，印度可能加入G7基建计划，该计划旨在提供所谓的“价值驱动、高标准、透明”的伙伴关系，对抗中国的“一带一路”倡议。\n如果说，G7峰会是一场关起门来的舌战博弈，那么6月16日的美俄领导人峰会，大概率不会让拜登那么轻松，拜登与普京的会面，大概率将会是一场最激烈的政治博弈。\n其实，从会前美俄双方释放的一系列信号便可以嗅到浓浓的火药味。\n6月6日，拜登在《华盛顿邮报》发表的署名文章，美国不寻求与俄罗斯冲突，但会毫不犹豫地对俄罗斯未来的有害活动做出反应，在与普京见面时，将再次强调美国、欧洲和志同道合的民主国家支持人权和尊严的承诺。\n据央视新闻，当地时间6月4日，俄罗斯总统普京在圣彼得堡国际经济论坛发言。谈及即将到来的俄美领导人峰会，他表示，俄美关系正处于极低水平，将与美国总统拜登寻找解决两国关系问题的方法，将讨论战略稳定、裁减军备、新冠疫情大流行等问题。\n普京指出，俄罗斯与美国没有分歧，只不过美国想要遏制俄罗斯的发展。他表示，俄美两国的关系很大程度上成为了美国治理内政的筹码，并希望这种情况能在某个时候结束。\n除了2位元首在言语层面的相互试探以外，美俄两国的军事力量的角力也变得频繁起来。6月11日，俄罗斯国防部国家防御管理中心发布消息称，美国海军“拉布恩”号导弹驱逐舰进入黑海海域，俄黑海舰队已开始对其进行监视。\n就在同一天，美国五角大楼突然宣布，向乌克兰拨款1.5亿美元的安全援助，以协助乌方维护其领土完整并完善与北约的协同能力。而俄罗斯方面，俄海军举行了苏联解体后最大规模的军演，秀了一把肌肉。\n如此看来，美俄双方在金融、军事层面的暗暗较劲，或许是为了即将召开的美俄领导峰会增加谈判的砝码。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707385,"gmtCreate":1623723664047,"gmtModify":1704209624668,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707385","repostId":"1152475049","repostType":4,"repost":{"id":"1152475049","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":1623720093,"share":"https://ttm.financial/m/news/1152475049?lang=en_US&edition=fundamental","pubTime":"2021-06-15 09:21","market":"sh","language":"zh","title":"Opening: Hang Seng Index opened 0.36% higher, blockchain concept stocks surged","url":"https://stock-news.laohu8.com/highlight/detail?id=1152475049","media":"老虎资讯综合","summary":"6月15日讯，港股三大指数高开，恒指涨0.36%报28842点，国指涨0.32%报10784点，恒生科技指数涨0.57%报8036点。盘面上，体育用品股强势，特步大幅高开近15%，获高瓴投资5亿港元，","content":"<p>On June 15, the three major Hong Kong stock indexes opened higher. The Hang Seng Index rose 0.36% to 28,842 points, the State Index rose 0.32% to 10,784 points, and the Hang Seng Technology Index rose 0.57% to 8036 points.<img src=\"https://static.tigerbbs.com/90276182e30f383cf17ccda84f2625dd\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">On the disk, sporting goods stocks were strong, Xtep opened sharply higher by nearly 15%, received an investment of HK $500 million from Hillhouse, and Anta rose 1.7%; Power stocks, photovoltaic stocks, dairy stocks, and education stocks generally rose.<a href=\"https://laohu8.com/S/02688\">ENN Energy</a>Opened more than 4% higher and hit a record high; Large technology stocks generally rose,<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Rose more than 4%,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Up more than 2%,<a href=\"https://laohu8.com/S/00700\">Tencent</a>Up 1.5%; Pharmaceutical stocks were mixed,<a href=\"https://laohu8.com/S/600196\">Fosun Pharma</a>Open low 2%,<a href=\"https://laohu8.com/S/02186\">Luye Pharma</a>Opened 1.62% higher; Tobacco concept stocks, gold stocks, and Chinese brokerage stocks generally fell.</p><p>Blockchain concept stocks opened higher,<a href=\"https://laohu8.com/S/01611\">Huobi Technology</a>Opened 13.33% higher,<a href=\"https://laohu8.com/S/01499\">Ouke Cloud Chain</a>Opened 11.11% higher,<a href=\"https://laohu8.com/S/01647\">Xiong'an Technology</a>It opened more than 4% higher. Bitcoin crossed $40,000 again on Monday, reaching its highest level in more than two weeks. The world's largest cryptocurrency rose for the second consecutive day on Monday, rising as high as 3.9% to around $40,795 during the session. Since last Friday, Bitcoin has risen by about 9%. The Bloomberg Galaxy Crypto Index, which tracks major cryptocurrencies, rose 7.7% at one point. Musk previously said that when it is confirmed that miners use a reasonable proportion of clean energy (about 50%) and the future trend is improving,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Will resume the Bitcoin deal. Tesla previously sold only 10% of its Bitcoin holdings to test the liquidity of Bitcoin and confirm that it can easily settle without disturbing the market.</p><p><a href=\"https://laohu8.com/S/01368\">Xtep International</a>It opened nearly 15% higher and was subscribed for US $65 million in zero-coupon perpetual convertible bonds by Hillhouse Capital.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opening: Hang Seng Index opened 0.36% higher, blockchain concept stocks surged</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpening: Hang Seng Index opened 0.36% higher, blockchain concept stocks surged\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-15 09:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 15, the three major Hong Kong stock indexes opened higher. The Hang Seng Index rose 0.36% to 28,842 points, the State Index rose 0.32% to 10,784 points, and the Hang Seng Technology Index rose 0.57% to 8036 points.<img src=\"https://static.tigerbbs.com/90276182e30f383cf17ccda84f2625dd\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">On the disk, sporting goods stocks were strong, Xtep opened sharply higher by nearly 15%, received an investment of HK $500 million from Hillhouse, and Anta rose 1.7%; Power stocks, photovoltaic stocks, dairy stocks, and education stocks generally rose.<a href=\"https://laohu8.com/S/02688\">ENN Energy</a>Opened more than 4% higher and hit a record high; Large technology stocks generally rose,<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Rose more than 4%,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Up more than 2%,<a href=\"https://laohu8.com/S/00700\">Tencent</a>Up 1.5%; Pharmaceutical stocks were mixed,<a href=\"https://laohu8.com/S/600196\">Fosun Pharma</a>Open low 2%,<a href=\"https://laohu8.com/S/02186\">Luye Pharma</a>Opened 1.62% higher; Tobacco concept stocks, gold stocks, and Chinese brokerage stocks generally fell.</p><p>Blockchain concept stocks opened higher,<a href=\"https://laohu8.com/S/01611\">Huobi Technology</a>Opened 13.33% higher,<a href=\"https://laohu8.com/S/01499\">Ouke Cloud Chain</a>Opened 11.11% higher,<a href=\"https://laohu8.com/S/01647\">Xiong'an Technology</a>It opened more than 4% higher. Bitcoin crossed $40,000 again on Monday, reaching its highest level in more than two weeks. The world's largest cryptocurrency rose for the second consecutive day on Monday, rising as high as 3.9% to around $40,795 during the session. Since last Friday, Bitcoin has risen by about 9%. The Bloomberg Galaxy Crypto Index, which tracks major cryptocurrencies, rose 7.7% at one point. Musk previously said that when it is confirmed that miners use a reasonable proportion of clean energy (about 50%) and the future trend is improving,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Will resume the Bitcoin deal. Tesla previously sold only 10% of its Bitcoin holdings to test the liquidity of Bitcoin and confirm that it can easily settle without disturbing the market.</p><p><a href=\"https://laohu8.com/S/01368\">Xtep International</a>It opened nearly 15% higher and was subscribed for US $65 million in zero-coupon perpetual convertible bonds by Hillhouse Capital.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5b3b5e72649367d0aafd9bcbbca9bcd1","relate_stocks":{"513600":"恒生指数ETF","02833":"恒指ETF","HSI":"恒生指数"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152475049","content_text":"6月15日讯，港股三大指数高开，恒指涨0.36%报28842点，国指涨0.32%报10784点，恒生科技指数涨0.57%报8036点。盘面上，体育用品股强势，特步大幅高开近15%，获高瓴投资5亿港元，安踏涨1.7%；电力股、光伏股、乳业股、教育股普遍上涨，新奥能源高开逾4%创历史新高；大型科技股普涨，网易大涨逾4%，阿里巴巴涨超2%，腾讯涨1.5%；医药股涨跌不一，复星医药低开2%，绿叶制药高开1.62%；烟草概念股、黄金股、中资券商股普跌。\n区块链概念股高开，火币科技高开13.33%，欧科云链高开11.11%，雄岸科技高开逾4%。比特币周一再次迈过40000美元，达到两周多以来最高水平。这种全球最大加密货币周一连续第二天上扬，盘中最高涨3.9%，至40795美元左右。上周五以来，比特币已累计上涨约9%。跟踪主要加密货币的彭博Galaxy加密货币指数一度上涨7.7%。此前马斯克称，在确认矿工使用合理比例的清洁能源(约50%)，且未来趋势向好时，特斯拉将会恢复比特币交易。特斯拉此前仅出售了10%的比特币持仓，是为了测试比特币的流动性，确认能够在不扰动市场的情况下轻松地结算。\n特步国际高开近15%，获高瓴资本认购6500万美元零息永续可转债。","news_type":1,"symbols_score_info":{"513600":0.9,"02833":0.9,"MCHmain":0.9,"HHImain":0.9,"HSI":0.9,"HSImain":0.9,"MHImain":0.9}},"isVote":1,"tweetType":1,"viewCount":1369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184707969,"gmtCreate":1623723656451,"gmtModify":1704209624505,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184707969","repostId":"1169775175","repostType":4,"repost":{"id":"1169775175","kind":"news","pubTimestamp":1623721687,"share":"https://ttm.financial/m/news/1169775175?lang=en_US&edition=fundamental","pubTime":"2021-06-15 09:48","market":"sh","language":"zh","title":"The legendary \"Yang Wanwan\" passed away, and the enterprising spirit of retail investors continued","url":"https://stock-news.laohu8.com/highlight/detail?id=1169775175","media":"第一财经","summary":"有“中国第一股民”之称的资深投资者杨怀定，于6月13日去世，享年71岁。\n近十多年来，杨怀定逐渐淡出了人们的视野，但在上海滩，“杨百万”的故事经久流传。在A股市场，跟随他的脚步入市交易的投资者数不胜数","content":"<p><div>Yang Huaiding, a veteran investor known as \"China's No. 1 shareholder\", died on June 13th at the age of 71. In the past ten years, Yang Huaiding has gradually faded out of people's field of vision, but in Shanghai, the story of \"Yang Wanwan\" has been circulating for a long time. In the A-share market, countless investors have followed in his footsteps and entered the market. He has many labels on his body, such as \"Yang Million\" who made a fortune by reselling treasury bills, \"stock god\" who is steady and ruthless in bargain hunting, and \"big brother\" of grassroots investors... However, Yang Huaiding, who is under these \"Jianghu titles\", is an ordinary person who is diligent, enterprising and eager to change his destiny by his own efforts. On his...</p><p><a href=\"https://m.yicai.com/news/101081647.html\">Web link</a></div></p>","source":"dyvj","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The legendary \"Yang Wanwan\" passed away, and the enterprising spirit of retail investors continued</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe legendary \"Yang Wanwan\" passed away, and the enterprising spirit of retail investors continued\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">第一财经</strong><span class=\"h-time small\">2021-06-15 09:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Yang Huaiding, a veteran investor known as \"China's No. 1 shareholder\", died on June 13th at the age of 71. In the past ten years, Yang Huaiding has gradually faded out of people's field of vision, but in Shanghai, the story of \"Yang Wanwan\" has been circulating for a long time. In the A-share market, countless investors have followed in his footsteps and entered the market. He has many labels on his body, such as \"Yang Million\" who made a fortune by reselling treasury bills, \"stock god\" who is steady and ruthless in bargain hunting, and \"big brother\" of grassroots investors... However, Yang Huaiding, who is under these \"Jianghu titles\", is an ordinary person who is diligent, enterprising and eager to change his destiny by his own efforts. On his...</p><p><a href=\"https://m.yicai.com/news/101081647.html\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://m.yicai.com/news/101081647.html\">第一财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9b2e5e430b4abd61e3de4ad2d5a171fc","relate_stocks":{},"source_url":"https://m.yicai.com/news/101081647.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169775175","content_text":"有“中国第一股民”之称的资深投资者杨怀定，于6月13日去世，享年71岁。\n近十多年来，杨怀定逐渐淡出了人们的视野，但在上海滩，“杨百万”的故事经久流传。在A股市场，跟随他的脚步入市交易的投资者数不胜数。\n他身上有诸多标签，倒卖国库券发家的“杨百万”、抄底稳准狠的“股神”、草根股民的“带头大哥”……不过，在这些“江湖封号”之下的杨怀定，是一位勤奋、进取、渴望靠自己的努力改变命运的普通人。\n在他的身上，也可以看到中国证券市场散户投资文化长盛不衰的原因。\n“我们早期的投资者，有些表达能力较弱、文化程度不高，比如杨百万，中学都没毕业，但早年他就看到国库券交易的机会，上海有柜台交易，安徽、贵州、四川没有，跑去低价买了，回来市场上卖掉。”上海证券交易所首任总经理尉文渊此前接受第一财经采访时曾评价称，中国的散户投资者，极其渴望学习，善于学习。\n在中国资本市场三十年进程中，有人盈利，有人亏损，有人跟风听消息，也有人铤而走险搞内幕、搞操纵。但是，更有许许多多的散户投资者，作为幼小的个体，却依靠个人的才智、学习，以及风险的承担，在股市中找到了改变人生的可能性。\n成为“杨百万”\n在三十多年前那个“摸着石头过河”的年代，只要你敢于尝试，一不小心就会成为某个领域的“第一人”。杨怀定就是如此。\n他在成为“第一股民”之前，先成为了“国库券异地交易第一人”。\n杨怀定1988年因故从上海某工厂离职，之后开始自谋职业。据前上交所研究中心研究员陆一记录，《回眸中国股市1984-2000》一书中曾有杨怀定对自己交易国库券始末的详细记述。\n“开始我并没想到要做国库券买卖。我看到《新民晚报》上一篇报道，说温州实行利率开放，利息可以高到13%。”杨怀定称，自己确认消息属实后，就想去温州存钱。但是，到温州去的船票刚买好，他又看到上海报纸登消息称，上海要开放国债交易。\n于是，就有了后来为人所熟知的一幕——1988年4月21日，上海国债市场开市交易，杨怀定一早到场，在别人都不敢买的时候果断买进，当天下午抛掉，赚入800块钱，这个数目相当于他辞职前一年的工资。\n初尝胜果的杨怀定大受鼓舞。他发现不同试点城市之间，国库券差价很大，而金融机构之间的国库券禁止流通。于是，杨怀定开始做国库券异地交易。\n由于国库券行情不公开，杨怀定就到上海图书馆，挨个查找各省市的报纸。比如查到安徽合肥开盘94元，卖出98元，他就连夜上合肥买来，然后再回上海卖掉。\n“我没日没夜地乘火车在全国跑。”杨怀定发现，什么地方穷，什么地方就更便宜，不同地方差价可以大到每百元国库券超过10元。\n在后来接受采访时，他说：“人家当时就问我，你累不累呀？我说不累呀，这干一天就是几年的工资啊！”\n成为“第一股民”\n国库券交易让杨怀定获得了巨大的财富，同时，也让他坚定了自己的投资方向，即紧跟改革开放的步伐，抓住趋势性机会。\n1989年，杨怀定意识到政策的重点转向支持资本市场，于是开始投资股票。\n早上8点起床，听电台财经新闻，9点15打开电脑看行情，11点半到1点午饭休息，1点到3点看行情，3点以后看电脑资讯，5点看晚报，5点50看中央台财经报道，8点看书，10点复盘，每天花在股市的时间不少于8小时。这是杨怀定做股票之后的每日例行安排。\n自证券市场建立以来，A股经历多次大幅波动，多轮牛熊，杨怀定幸运的躲过几次危机，不少股民奉之为“神”，但实际上，他也曾不止一次走到绝望边缘。\n在股票市场，真正能够笑到最后的投资者，往往不是做对选择最多人的，而是做错选择最少的人。一次错误的决策，就可能让多年积累的财富化为泡影。\n1992年下半年开始，A股经历开市以来第一次最大熊市。\n上证指数一路从1400多点跌至400多点。然后，杨怀定判断，股市已经跌得差不多了，于是进场抄底，但没想到，股市继续下跌，杨怀定日渐开始“绝望”。\n1994年7月29日，上证指数最低探至325.89点。\n杨怀定后来接受采访时回忆称：“就在我最绝望的那一天，我跟我太太讲，我还有20万现金，不买股票了，你放着，不知道哪一天会涨了。”\n然而，1994年7月30日，中国证监会宣布“救市”，并出台三大“救市”措施：年内暂停新股发行与上市；严格控制上市公司配股规模；采取措施扩大入市资金范围。\n随后，A股市场出现“8月狂潮”。仅用了两周时间，杨怀定手中股票的市值就翻了四倍。这让杨怀定在股票市场再次声名大振。\n有人说，杨怀定是凭借自己的分析能力，敏锐地觉察到管理层即将出台救市政策。但事实是否如此呢？\n“我耳朵蛮大的，人家讲我是福将。”杨怀定回忆起自己的此次战绩时曾如此调侃。但实际上，杨怀定此前曾参与过交易所的相关座谈会，对救市政策即将出台有所察觉。\n他后来公开说：“出了三大救市政策，很多人就知道我，分析能力特别强。其实，开过会的，呵呵。”\n成为“合法投资者”\n事实上，在成为“杨百万”和“第一股民”之前，杨怀定首先是成为一名“合法投资者”。\n在资本市场从草莽走向规范的进程中，显赫一时的“弄潮儿”跌下神坛的故事并不罕见。作为多个市场创新领域的“第一人”，杨怀定能够一路走到最后，与他从一开始就主动寻求遵守法律法规的意识密切相关。\n早在做国库券交易时期，杨怀定就意识到，自己的行为受到了监管部门的注意，并对合法性存在一定争议。\n“后来我（国库券交易）进出都是上百万元了，银行开始注意我了，内部有争论。”杨怀定后来回忆称，当时争议有两个，一是他的行为是否属于经营金融，二是算不算投机倒把。\n为了弄清楚此二问题，杨怀定就到中国人民银行去做“人民来访”。“接待人问我啥事。我说我有些金融法规‘搞不清爽’，想主动接受党和政府的教育。”杨怀定称。\n此次去“人民来访”并没有完全打消他交易国库券的疑虑。一方面害怕政策有变，另一方面，也害怕大笔资金随身携带不安全，他又做了一件空前的创举——跑到公安局去，说“现在改革开放了，我要从事国库券交易，能否请保安人员”。最后，杨怀定开创了上海第一例私人聘任公安任保安人员的先例。\n不过，杨怀定此举的深层用意，仍然是为了寻求合法。\n“我其实还有一个想法：中国人民银行如果认为我不合法，那么现在公安人员跟着我，我怎么做买卖的他们都看得见，有事你们可以去问公安局。”杨怀定后来称。\n不仅如此，赚了钱之后，杨怀定担心以后被说偷税漏税，于是1989年他又跑到税务局，咨询是否需要缴税。\n“当时有关部门认为有几种人赚钱最多，我的名字排在第四位：上海市民杨怀定，利用国债买卖获取暴利。我马上跑到税务局咨询是否要交税。税务局的同志讲，我们早知道你了，并且表扬我主动上门报税。”杨怀定回忆称，报纸后来登了消息：上海市民杨怀定主动报税。\n凭借早年的声名累积和几十年的股市交易，杨怀定生前追随者众多。\n在杨怀定去世之后，有不少人士公开悼念。有人缅怀杨怀定个人早年的股海沉浮，更有人感慨中国改革开放大浪淘沙。\n如今，中国已成为世界第二大经济体，股票、债券市场规模也均达到全球第二，市场基础制度也已经走过了多个阶段，进入更加市场化、法制化、国际化的新时代。\n机构在资本市场的力量，必将越来越壮大，但中国证券市场独有的散户投资文化短期并不会消失。传奇人物已逝，散户精神不息。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188665565,"gmtCreate":1623433421657,"gmtModify":1704203715529,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188665565","repostId":"1156959915","repostType":4,"repost":{"id":"1156959915","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":1623429803,"share":"https://ttm.financial/m/news/1156959915?lang=en_US&edition=fundamental","pubTime":"2021-06-12 00:43","market":"us","language":"zh","title":"Tiger Securities helped BOSS Zhipin land on Nasdaq, opening up 75% on the first day","url":"https://stock-news.laohu8.com/highlight/detail?id=1156959915","media":"老虎资讯综合","summary":"北京时间6月12日，BOSS直聘登陆纳斯达克，首日开涨75%。\n老虎证券作为互联网承销商，与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面，展现出老虎证券作为头部互联网科","content":"<p>On June 12, Beijing time, BOSS Zhipin landed on Nasdaq, and opened up 75% on the first day.<img src=\"https://static.tigerbbs.com/57551fd25362c75885fbb928efe43f8a\"></p><p>As an Internet underwriter, Tiger Securities is listed on the cover of the BOSS direct recruitment prospectus with Goldman Sachs, Morgan Stanley, UBS, Huaxing, Haitong and other internationally renowned banks, showing Tiger Securities' influence as a leading Internet technology investment bank.<br></p><p><br></p><p>According to the latest prospectus information, BOSS Zhipin will publicly issue 48 million American Depositary Shares (ADS) at an issue price of US $19 per share, raising approximately US $912 million, and the total market value was US $7.599 billion at the opening.</p><p>This valuation has exceeded the sum of 51job, which has a public valuation of US $5 billion, and Zhaopin Recruitment, which can only have a valuation of US $1.7 billion in the private equity fund market due to delisting, making it the highest-valued Chinese recruitment platform.</p><p>Of course, being able to achieve such a high valuation shows to a certain extent that BOSS Zhipin also has its own financial performance and has been recognized by the capital market.</p><p><b>FINANCIAL</b></p><p>The recent financial performance of BOSS Zhipin can be summarized as follows: the revenue growth momentum is strong; Gross profit growth was strong and gross margin remained stable; Although the operating profit is low, it has turned losses into profits; Operating cash flow skyrocketed.</p><p>Specifically, BOSS Zhipin's revenue in 2020 reached US $298 million, a surge of 95.4% compared with US $152 million in 2019. In the first quarter of 2021, the company's revenue reached US $120 million, a year-on-year increase. As high as 178.9%.</p><p>The gross profit of BOSS direct recruitment will be US $261 million in 2020, an increase of 98.7% compared with US $131 million in 2019, and will reach US $104 million in the first quarter of 2021, a year-on-year increase of 178.4%. At the same time, in the first quarter of 2019, 2020 and 2021, the company's gross profit margins were 86.20%, 87.65% and 86.45% respectively, remaining almost unchanged.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin achieved operating profits of US $392,800, US $1.356 million, and US $350,000, and US $400,000 respectively, with operating profit margins of 0.3%, 0.5%, and 0.3% respectively. During the same period, the company's net losses were US $112 million, US $188 million and US $40.972 million respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS's direct operating cash flow was-16.1318 million US dollars, 60.676 million US dollars, and 25.235 million US dollars, respectively.</p><p>As of March 31, 2021, BOSS Zhipin held cash of US $626 million and liabilities of US $332 million. For the twelve months ended March 31, 2021, the Company had free cash flow of $102 million.</p><p><b>Study Analysis</b></p><p>BOSS Zhipin hopes to get the support of the US capital market to help them continue to expand in the Chinese market.</p><p>Judging from the company's financial performance, their revenue and gross profit margin have grown rapidly, and their operations have turned losses into profits. Free cash flow as of March 31, 2021 was impressive at over $101 million.</p><p>In China, providing online recruitment services for job seekers and employers has a huge market size and a promising prospect.</p><p>Goldman Sachs is the leading underwriter of this transaction. In the past twelve months, the company has led the underwriting of IPO stocks, with an average return rate of 42.9%, which is at the middle level in the comparison of the performance of all major underwriters in the same period.</p><p>The number one risk facing BOSS Direct Recruitment is that the company may face a series of competitive pressures, such as talent networks, or other mainstream international recruitment companies entering their markets, and once these become a reality, they will threaten their growth prospects, or force them to significantly increase marketing spending and suppress profitability.</p><p>China's various online businesses with high profit margins often end up attracting a large number of competitors, and the most important means of competition is a price war, which is obviously not good news for the future return of stocks.</p><p>From a valuation perspective, the price offered by BOSS Zhipin for U.S. IPO investors means that the company's enterprise value-to-revenue ratio is around 19.2. Although this figure is higher than the current overall level of software-as-a-service stocks, BOSS Zhipin's revenue growth momentum is even stronger, they have crossed the profitability threshold at the operational level and generated considerable free cash flow.</p><p>Therefore, although the IPO price of BOSS direct recruitment is not low, this stock is still worthy of attention for those investors who are interested in the growth prospects of China's online recruitment market.</p><p><img src=\"https://static.tigerbbs.com/361ada34c84eeaafbb2e860b6eb0db6f\"></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>Tiger Securities helped BOSS Zhipin land on Nasdaq, opening up 75% on the first day</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.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\">\nTiger Securities helped BOSS Zhipin land on Nasdaq, opening up 75% on the first day\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-12 00:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 12, Beijing time, BOSS Zhipin landed on Nasdaq, and opened up 75% on the first day.<img src=\"https://static.tigerbbs.com/57551fd25362c75885fbb928efe43f8a\"></p><p>As an Internet underwriter, Tiger Securities is listed on the cover of the BOSS direct recruitment prospectus with Goldman Sachs, Morgan Stanley, UBS, Huaxing, Haitong and other internationally renowned banks, showing Tiger Securities' influence as a leading Internet technology investment bank.<br></p><p><br></p><p>According to the latest prospectus information, BOSS Zhipin will publicly issue 48 million American Depositary Shares (ADS) at an issue price of US $19 per share, raising approximately US $912 million, and the total market value was US $7.599 billion at the opening.</p><p>This valuation has exceeded the sum of 51job, which has a public valuation of US $5 billion, and Zhaopin Recruitment, which can only have a valuation of US $1.7 billion in the private equity fund market due to delisting, making it the highest-valued Chinese recruitment platform.</p><p>Of course, being able to achieve such a high valuation shows to a certain extent that BOSS Zhipin also has its own financial performance and has been recognized by the capital market.</p><p><b>FINANCIAL</b></p><p>The recent financial performance of BOSS Zhipin can be summarized as follows: the revenue growth momentum is strong; Gross profit growth was strong and gross margin remained stable; Although the operating profit is low, it has turned losses into profits; Operating cash flow skyrocketed.</p><p>Specifically, BOSS Zhipin's revenue in 2020 reached US $298 million, a surge of 95.4% compared with US $152 million in 2019. In the first quarter of 2021, the company's revenue reached US $120 million, a year-on-year increase. As high as 178.9%.</p><p>The gross profit of BOSS direct recruitment will be US $261 million in 2020, an increase of 98.7% compared with US $131 million in 2019, and will reach US $104 million in the first quarter of 2021, a year-on-year increase of 178.4%. At the same time, in the first quarter of 2019, 2020 and 2021, the company's gross profit margins were 86.20%, 87.65% and 86.45% respectively, remaining almost unchanged.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS Zhipin achieved operating profits of US $392,800, US $1.356 million, and US $350,000, and US $400,000 respectively, with operating profit margins of 0.3%, 0.5%, and 0.3% respectively. During the same period, the company's net losses were US $112 million, US $188 million and US $40.972 million respectively.</p><p>In 2019, 2020, and the first quarter of 2021, BOSS's direct operating cash flow was-16.1318 million US dollars, 60.676 million US dollars, and 25.235 million US dollars, respectively.</p><p>As of March 31, 2021, BOSS Zhipin held cash of US $626 million and liabilities of US $332 million. For the twelve months ended March 31, 2021, the Company had free cash flow of $102 million.</p><p><b>Study Analysis</b></p><p>BOSS Zhipin hopes to get the support of the US capital market to help them continue to expand in the Chinese market.</p><p>Judging from the company's financial performance, their revenue and gross profit margin have grown rapidly, and their operations have turned losses into profits. Free cash flow as of March 31, 2021 was impressive at over $101 million.</p><p>In China, providing online recruitment services for job seekers and employers has a huge market size and a promising prospect.</p><p>Goldman Sachs is the leading underwriter of this transaction. In the past twelve months, the company has led the underwriting of IPO stocks, with an average return rate of 42.9%, which is at the middle level in the comparison of the performance of all major underwriters in the same period.</p><p>The number one risk facing BOSS Direct Recruitment is that the company may face a series of competitive pressures, such as talent networks, or other mainstream international recruitment companies entering their markets, and once these become a reality, they will threaten their growth prospects, or force them to significantly increase marketing spending and suppress profitability.</p><p>China's various online businesses with high profit margins often end up attracting a large number of competitors, and the most important means of competition is a price war, which is obviously not good news for the future return of stocks.</p><p>From a valuation perspective, the price offered by BOSS Zhipin for U.S. IPO investors means that the company's enterprise value-to-revenue ratio is around 19.2. Although this figure is higher than the current overall level of software-as-a-service stocks, BOSS Zhipin's revenue growth momentum is even stronger, they have crossed the profitability threshold at the operational level and generated considerable free cash flow.</p><p>Therefore, although the IPO price of BOSS direct recruitment is not low, this stock is still worthy of attention for those investors who are interested in the growth prospects of China's online recruitment market.</p><p><img src=\"https://static.tigerbbs.com/361ada34c84eeaafbb2e860b6eb0db6f\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3aee31599ee7010691cc73f0ff8ac182","relate_stocks":{"BZ":"BOSS直聘"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156959915","content_text":"北京时间6月12日，BOSS直聘登陆纳斯达克，首日开涨75%。\n老虎证券作为互联网承销商，与高盛、摩根士丹利、UBS、华兴、海通等国际知名大行同列BOSS直聘招股书封面，展现出老虎证券作为头部互联网科技投行的影响力。\n\n根据最新招股书信息显示，BOSS直聘将公开发行4800万股美国存托股份（ADS），发行价定为每股19美元，募资约9.12亿美元，总市值开盘时是75.99亿美元。\n而这个估值已经超过公开估值50亿美元的前程无忧和由于退市只能在私募基金市场有估值17亿美元的智联招聘之和，成为估值最高的中国招聘平台。\n当然，能达到如此高额的估值，在一定程度上表明BOSS直聘也有着自己的在财务上的表现得到了资本市场的认可。\n财务表现\nBOSS直聘近期的财务表现大约可以做如下概括：营收增长势头强劲；毛利润增长强劲，毛利润率保持稳定；运营利润虽然低，但是已经实现了扭亏为盈；运营现金流猛增。\n具体而言，BOSS直聘2020年营收达到了2.98亿美元，较之2019年的1.52亿美元猛增95.4%之多，而2021年第一季度，公司营收就达到了1.20亿美元，同比增幅更高达178.9%。\nBOSS直聘毛利润2020年为2.61亿美元，较之2019年的1.31亿美元增长98.7%，而2021年第一季度达到1.04亿美元，同比增幅高达178.4%。与此同时，在2019年、2020年和2021年第一季度当中，公司毛利润率分别为86.20%、87.65%和86.45%，几乎保持不变。\n2019年、2020年和2021年第一季度，BOSS直聘分别实现运营利润39.28万美元、135.60万美元和35、40万美元，运营利润率分别为0.3%、0.5%和0.3%。同期内，公司净亏损分别为1.12亿美元、1.88亿美元和4097.20万美元。\n2019年、2020年和2021年第一季度，BOSS直聘运营现金流分别为-1613.18万美元、6067.60万美元和2523.50万美元。\n截至2021年3月31日，BOSS直聘持有现金6.26亿美元，负债3.32亿美元。截至2021年3月31日的十二个月内，公司自由现金流为1.02亿美元。\n研究分析\nBOSS直聘希望获得美国资本市场的支持，帮助他们在中国市场上继续扩张。\n从公司的财务表现看，他们营收和毛利润率增长迅猛，运营层面已经实现扭亏为盈。截至2021年3月31日的自由现金流超过1.01亿美元，令人印象深刻。\n在中国，为求职者和雇主提供线上招聘服务，市场体量是很巨大的，前景是很可观的。\n高盛是本次交易的领衔承销商，在过去十二个月时间内，该公司领衔承销的IPO股票，平均回报率为42.9%，在所有主要承销商同期业绩的比较当中位于中游水平。\nBOSS直聘面前的头号风险是，该公司可能会面对一系列竞争压力，比如人才网络，或者其他主流国际招聘公司进入他们所在的市场，而这些一旦成为现实，就将威胁到他们的增长前景，或者是迫使他们大幅提升营销支出，打压盈利能力。\n中国各种利润率较高的线上业务，往往最终都会吸引大量竞争者，而最主要的竞争手段就是大打价格战，而这对于股票未来的回报显然不是什么好消息。\n从估值角度看，BOSS直聘为美国IPO投资者开出的价格意味着公司企业价值营收比率为19.2左右，虽然这一数字高于软件即服务股票当前的总体水平，但是BOSS直聘的营收增长势头更为强劲，他们已经在运营层面越过盈利门槛，并且产生了可观的自由现金流。\n因此，虽然BOSS直聘IPO价格称不上低廉，但是对于那些有意于中国线上招聘市场成长前景的投资者而言，这一股票还是值得关注的。","news_type":1,"symbols_score_info":{"BZ":0.9}},"isVote":1,"tweetType":1,"viewCount":1487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188617906,"gmtCreate":1623432045305,"gmtModify":1704203691239,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188617906","repostId":"1150330661","repostType":4,"repost":{"id":"1150330661","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":1623415388,"share":"https://ttm.financial/m/news/1150330661?lang=en_US&edition=fundamental","pubTime":"2021-06-11 20:43","market":"us","language":"zh","title":"Pre-market: WSB concept stocks are \"restless\" again! A biopharmaceutical stock rose 27%","url":"https://stock-news.laohu8.com/highlight/detail?id=1150330661","media":"老虎资讯综合","summary":"6月11日，美国三大股指上涨，截至发稿，道指期货涨0.20%；标普500指数期货涨0.12%；纳斯达克100指数期货涨0.14%。市场要闻\n银保监、央行发文规范现金管理类理财产品：杠杆水平不得超120","content":"<p>On June 11, the three major U.S. stock indexes rose. As of press time, Dow futures rose 0.20%; S&P 500 futures rose 0.12%; Nasdaq 100 futures rose 0.14%.<img src=\"https://static.tigerbbs.com/13bf46ef127e8fece8f8a018e56a31f0\" tg-width=\"828\" tg-height=\"247\" referrerpolicy=\"no-referrer\"><b>Market news</b></p><p>The China Banking and Insurance Regulatory Commission and the Central Bank issued a document regulating cash management wealth management products: the leverage level shall not exceed 120%;</p><p>IEA monthly report: Global crude oil demand may reach pre-epidemic levels next year;</p><p>The Hong Kong Stock Exchange will consult the market on the specific proposal of \"establishing a listing system for special purpose acquisition companies\" in the third quarter;</p><p>Krafton, the parent company of PlayerUnknown's Battlegrounds, will conduct a $5 billion Korean IPO next week;</p><p>TSMC considers building first chip packaging plant in the United States;</p><p>McDonald's confirmed that the data was leaked, and hackers accessed \"a small number of files\", some of which contained customer personal data;</p><p>According to Bloomberg, JD.com will place 2.75 million shares at $70.75 per share.</p><p><b>Premarket Quotes</b></p><p>Some WSB concept stocks are \"restless\" again,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>、<a href=\"https://laohu8.com/S/GME\">GameStop</a>Rose more than 6%, Clover Health rose more than 4%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up more than 2%.</p><p>Oil concept stocks generally rose before the market,<a href=\"https://laohu8.com/S/PTR\">PetroChina</a>It rose more than 3% before the market,<a href=\"https://laohu8.com/S/CPE\">Caron Petroleum</a>, Royal Dutch Shell Oil B rose more than 1%, Royal Dutch Shell Oil A,<a href=\"https://laohu8.com/S/BP\">British Oil</a>Up nearly 1%.</p><p>Some blockchain sectors rose before the market, SOS,<a href=\"https://laohu8.com/S/NCTY\">The ninth city</a>Rose more than 3%,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up more than 2%.</p><p>Biopharmaceutical companies<a href=\"https://laohu8.com/S/PGEN\">Precigen</a>It rose more than 27% before the market, and the company announced research data on type 1 diabetes.</p><p>Online Education Course Solution Amister<a href=\"https://laohu8.com/S/AMST\">Amesite Inc.</a>(AMST.O) skyrocketed before the market and is now up more than 57%.</p><p><a href=\"https://laohu8.com/S/AEHL\">Antelope Holdings</a>Falling more than 14% before the market, the company announced that it has reached a final agreement with certain institutional investors to place 913,875 additional ordinary shares at a price of $3.84 per ordinary share. Gross proceeds are expected to be $3.18 million before payment of commissions and fees and the Offering is expected to close on or around June 14, 2021.</p><p><b>European Market</b></p><p>Major European stock indexes rose collectively. As of press time, the German DAX30 index rose 0.49%, the French CAC40 rose 0.72%, and the European Stoxx 50 rose 0.55%.<img src=\"https://static.tigerbbs.com/7f2b003ef84657818b2d73e2dfc4f003\" tg-width=\"822\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><b>crude oil</b></p><p>U.S. and Brent oil prices fell slightly. As of press time, WTI crude oil fell 0.18% to $70.18 per barrel; Brent crude oil fell 0.11% to $72.43 a barrel.</p><p>U.S. oil fell slightly above $70 and is expected to close higher for the third consecutive week. The market expects fuel demand in Europe, China and the United States to recover. As rising vaccination rates relax epidemic control measures, aviation fuel demand will accelerate growth, crude oil demand will continue to grow, and Brent crude oil futures prices in summer are expected to rise to $80/barrel. This week, both U.S. and Burundi oil weekly lines are expected to record three consecutive positives.</p><p><b>Gold</b></p><p>Spot gold fell 0.33% during the day to $1,890.15 an ounce.</p><p>The market expects the Federal Reserve to not change its loose policy stance, and the European Central Bank's easing, cryptocurrency capital inflows, the U.S. fiscal deficit and other factors all support gold prices. However, there has been some progress in U.S. infrastructure negotiations, and the market is waiting for the Fed's decision next week. Therefore, short-term trading is cautious.</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>Pre-market: WSB concept stocks are \"restless\" again! A biopharmaceutical stock rose 27%</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\">\nPre-market: WSB concept stocks are \"restless\" again! A biopharmaceutical stock rose 27%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-11 20:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 11, the three major U.S. stock indexes rose. As of press time, Dow futures rose 0.20%; S&P 500 futures rose 0.12%; Nasdaq 100 futures rose 0.14%.<img src=\"https://static.tigerbbs.com/13bf46ef127e8fece8f8a018e56a31f0\" tg-width=\"828\" tg-height=\"247\" referrerpolicy=\"no-referrer\"><b>Market news</b></p><p>The China Banking and Insurance Regulatory Commission and the Central Bank issued a document regulating cash management wealth management products: the leverage level shall not exceed 120%;</p><p>IEA monthly report: Global crude oil demand may reach pre-epidemic levels next year;</p><p>The Hong Kong Stock Exchange will consult the market on the specific proposal of \"establishing a listing system for special purpose acquisition companies\" in the third quarter;</p><p>Krafton, the parent company of PlayerUnknown's Battlegrounds, will conduct a $5 billion Korean IPO next week;</p><p>TSMC considers building first chip packaging plant in the United States;</p><p>McDonald's confirmed that the data was leaked, and hackers accessed \"a small number of files\", some of which contained customer personal data;</p><p>According to Bloomberg, JD.com will place 2.75 million shares at $70.75 per share.</p><p><b>Premarket Quotes</b></p><p>Some WSB concept stocks are \"restless\" again,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>、<a href=\"https://laohu8.com/S/GME\">GameStop</a>Rose more than 6%, Clover Health rose more than 4%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up more than 2%.</p><p>Oil concept stocks generally rose before the market,<a href=\"https://laohu8.com/S/PTR\">PetroChina</a>It rose more than 3% before the market,<a href=\"https://laohu8.com/S/CPE\">Caron Petroleum</a>, Royal Dutch Shell Oil B rose more than 1%, Royal Dutch Shell Oil A,<a href=\"https://laohu8.com/S/BP\">British Oil</a>Up nearly 1%.</p><p>Some blockchain sectors rose before the market, SOS,<a href=\"https://laohu8.com/S/NCTY\">The ninth city</a>Rose more than 3%,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up more than 2%.</p><p>Biopharmaceutical companies<a href=\"https://laohu8.com/S/PGEN\">Precigen</a>It rose more than 27% before the market, and the company announced research data on type 1 diabetes.</p><p>Online Education Course Solution Amister<a href=\"https://laohu8.com/S/AMST\">Amesite Inc.</a>(AMST.O) skyrocketed before the market and is now up more than 57%.</p><p><a href=\"https://laohu8.com/S/AEHL\">Antelope Holdings</a>Falling more than 14% before the market, the company announced that it has reached a final agreement with certain institutional investors to place 913,875 additional ordinary shares at a price of $3.84 per ordinary share. Gross proceeds are expected to be $3.18 million before payment of commissions and fees and the Offering is expected to close on or around June 14, 2021.</p><p><b>European Market</b></p><p>Major European stock indexes rose collectively. As of press time, the German DAX30 index rose 0.49%, the French CAC40 rose 0.72%, and the European Stoxx 50 rose 0.55%.<img src=\"https://static.tigerbbs.com/7f2b003ef84657818b2d73e2dfc4f003\" tg-width=\"822\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><b>crude oil</b></p><p>U.S. and Brent oil prices fell slightly. As of press time, WTI crude oil fell 0.18% to $70.18 per barrel; Brent crude oil fell 0.11% to $72.43 a barrel.</p><p>U.S. oil fell slightly above $70 and is expected to close higher for the third consecutive week. The market expects fuel demand in Europe, China and the United States to recover. As rising vaccination rates relax epidemic control measures, aviation fuel demand will accelerate growth, crude oil demand will continue to grow, and Brent crude oil futures prices in summer are expected to rise to $80/barrel. This week, both U.S. and Burundi oil weekly lines are expected to record three consecutive positives.</p><p><b>Gold</b></p><p>Spot gold fell 0.33% during the day to $1,890.15 an ounce.</p><p>The market expects the Federal Reserve to not change its loose policy stance, and the European Central Bank's easing, cryptocurrency capital inflows, the U.S. fiscal deficit and other factors all support gold prices. However, there has been some progress in U.S. infrastructure negotiations, and the market is waiting for the Fed's decision next week. Therefore, short-term trading is cautious.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ed4ee39e6b0f45214393093d70ba81a8","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite","UPRO":"三倍做多标普500ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","DUG":"二倍做空石油与天然气ETF(ProShares)","UDOW":"三倍做多道指30ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","UCO":"二倍做多彭博原油ETF",".SPX":"S&P 500 Index","USO":"美国原油ETF","SSO":"2倍做多标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","SCO":"二倍做空彭博原油指数ETF"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150330661","content_text":"6月11日，美国三大股指上涨，截至发稿，道指期货涨0.20%；标普500指数期货涨0.12%；纳斯达克100指数期货涨0.14%。市场要闻\n银保监、央行发文规范现金管理类理财产品：杠杆水平不得超120%；\nIEA月报：全球原油需求可能在明年达到疫情前水平；\n港交所将在第三季度就“设立特殊目的收购公司上市制度”的具体建议咨询市场意见；\n《绝地求生》母公司Krafton下周将进行50亿美元的韩国IPO；\n台积电考虑在美国建立第一家芯片封装工厂；\n麦当劳确认数据遭泄露，黑客访问了“少量文件”，其中一些包含客户个人数据；\n据彭博，京东将以每股70.75美元价格配售275万股。\n盘前行情\n部分WSB概念股再次“躁动”，AMC院线、游戏驿站涨超6%，Clover Health涨超4%，黑莓涨超2%。\n石油概念股盘前普涨，中石油盘前涨超3%，卡隆石油、荷兰皇家壳牌石油B涨超1%，荷兰皇家壳牌石油A、英国石油涨近1%。\n部分区块链板块盘前走高，SOS、第九城市涨超3%，嘉楠科技涨超2%。\n生物制药公司Precigen盘前涨超27%，公司公布了1型糖尿病研究数据。\n在线教育课程解决方案阿米斯特Amesite Inc.(AMST.O)盘前暴涨，现涨超57%。\n羚羊控股盘前跌超14%，该公司宣布已与某些机构投资者达成最终协议，将定向增发913,875股普通股，每股普通股价格为3.84美元。在支付佣金和费用之前，总收益预计为318万美元，本次发行预计将于2021年6月14日或前后完成。\n欧洲市场\n欧洲主要股指集体上涨，截至发稿，德国DAX30指数涨0.49%，法国CAC40涨0.72%，欧洲斯托克50涨0.55%。原油\n美、布两油微跌，截止发稿，WTI原油跌0.18%，报70.18美元/桶；布伦特原油跌0.11%，报72.43美元/桶。\n美油于70美元上方微跌，预计将迎来连续第三周收涨，市场预期欧洲、中国和美国的燃料需求将复苏，因疫苗接种率上升使得疫情控制措施放松，航空燃料需求将加速增长，原油需求将持续增长，夏季布伦特原油期货价格有望涨至80美元/桶，本周美布两油周线均有望录得三连阳。\n黄金\n现货黄金日内下跌0.33%，报1890.15美元/盎司。\n市场预期美联储不会改变宽松的政策立场，且欧洲央行宽松，加密货币资金流入，美国财政赤字等因素都支持金价，不过美国基础设施谈判有了一些进展，且市场都在等待下周美联储决议，因此短线交投谨慎。","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"UPRO":0.9,"DDM":0.9,"DWTIF":0.9,".DJI":0.9,"SPXU":0.9,"UCO":0.9,"SCO":0.9,"BZmain":0.9,"DXD":0.9,"DUG":0.9,"UWTIF":0.9,"SSO":0.9,"UDOW":0.9,".SPX":0.9,"QMmain":0.9,"USO":0.9,"CLmain":0.9,"SH":0.9,".IXIC":0.9,"ESmain":0.9}},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188617053,"gmtCreate":1623432035572,"gmtModify":1704203691400,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188617053","repostId":"1184397286","repostType":4,"repost":{"id":"1184397286","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":1623418325,"share":"https://ttm.financial/m/news/1184397286?lang=en_US&edition=fundamental","pubTime":"2021-06-11 21:32","market":"us","language":"zh","title":"Opening: The three major indexes opened higher, Precigen rose more than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1184397286","media":"老虎资讯综合","summary":"6月11日，美股三大指数集体高开，道指涨0.25%，纳指涨0.08%，标普500指数涨0.17%。\n生物制药公司Precigen涨超20%，公司公布了其主要候选药物针对Ⅰ型糖尿病药物实验数据良好。\nC","content":"<p>On June 11, the three major U.S. stock indexes collectively opened higher, with the Dow up 0.25%, the Nasdaq up 0.08%, and the S&P 500 up 0.17%.</p><p><img src=\"https://static.tigerbbs.com/378fdeec51fef2ebfab9f7f999d16de3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Biopharmaceutical companies<a href=\"https://laohu8.com/S/PGEN\">Precigen</a>Up by more than 20%, the company announced that its main drug candidates have good experimental data for type I diabetes.</p><p>CureVac's open low exceeds 8%, and the European Union recently stated that the company's new crown vaccine will not be approved for marketing as scheduled in August.</p><p><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>Falling nearly 4%, investment banks generally believe that the financial guidance given by the company is slightly conservative.</p><p>Chinese concept education stocks fell,<a href=\"https://laohu8.com/S/GOTU\">High Road</a>Fell nearly 4%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>Fell more than 3%,<a href=\"https://laohu8.com/S/ONE\">Elite education</a>Down 2.5%.</p><p>Online Education Course Solution Amister<a href=\"https://laohu8.com/S/AMST\">Amesite Inc.</a>It opened up 47%.</p><p>Some WSB concept stocks rose,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up 6.49%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up 1.45%.</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 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style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-11 21:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 11, the three major U.S. stock indexes collectively opened higher, with the Dow up 0.25%, the Nasdaq up 0.08%, and the S&P 500 up 0.17%.</p><p><img src=\"https://static.tigerbbs.com/378fdeec51fef2ebfab9f7f999d16de3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Biopharmaceutical companies<a href=\"https://laohu8.com/S/PGEN\">Precigen</a>Up by more than 20%, the company announced that its main drug candidates have good experimental data for type I diabetes.</p><p>CureVac's open low exceeds 8%, and the European Union recently stated that the company's new crown vaccine will not be approved for marketing as scheduled in August.</p><p><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>Falling nearly 4%, investment banks generally believe that the financial guidance given by the company is slightly conservative.</p><p>Chinese concept education stocks fell,<a href=\"https://laohu8.com/S/GOTU\">High Road</a>Fell nearly 4%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>Fell more than 3%,<a href=\"https://laohu8.com/S/ONE\">Elite education</a>Down 2.5%.</p><p>Online Education Course Solution Amister<a href=\"https://laohu8.com/S/AMST\">Amesite Inc.</a>It opened up 47%.</p><p>Some WSB concept stocks rose,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up 6.49%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up 1.45%.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","PGEN":"Precigen",".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184397286","content_text":"6月11日，美股三大指数集体高开，道指涨0.25%，纳指涨0.08%，标普500指数涨0.17%。\n生物制药公司Precigen涨超20%，公司公布了其主要候选药物针对Ⅰ型糖尿病药物实验数据良好。\nCureVac低开超8%，欧盟近期称公司的新冠疫苗不会在8月如期获批上市。\nSnowflake跌近4%，投行普遍认为公司给出的财务指引稍显保守。\n中概教育股走低，高途跌近4%，好未来跌超3%，精锐教育跌2.5%。\n在线教育课程解决方案阿米斯特Amesite Inc.开涨47%。\n部分WSB概念股上涨，AMC院线涨6.49%，黑莓涨1.45%。","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"PGEN":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188614285,"gmtCreate":1623432021347,"gmtModify":1704203690917,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188614285","repostId":"2142205292","repostType":4,"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188614863,"gmtCreate":1623432011452,"gmtModify":1704203690594,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188614863","repostId":"1152296910","repostType":4,"repost":{"id":"1152296910","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":1623420199,"share":"https://ttm.financial/m/news/1152296910?lang=en_US&edition=fundamental","pubTime":"2021-06-11 22:03","market":"us","language":"zh","title":"[Change] The steel sector rose at the beginning of the session, and U.S. steel rose more than 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1152296910","media":"老虎资讯综合","summary":"6月11日，美股钢铁板块盘初走高，麦克莫兰铜金涨超4%，美国钢铁、浦项钢铁涨超3%，安赛乐米塔尔涨近2%。据悉，GLJ Research给予美国钢铁“买入”评级，目标价由23.89美元升至39.55美","content":"<p>On June 11, the U.S. steel sector rose at the beginning of the session.<a href=\"https://laohu8.com/S/FCX\">McMoRan copper-gold</a>Rose more than 4%,<a href=\"https://laohu8.com/S/X\">United States Steel</a>、<a href=\"https://laohu8.com/S/PKX\">Posco Steel</a>Rose more than 3%,<a href=\"https://laohu8.com/S/MT\">ArcelorMittal</a>Up nearly 2%. It is reported that GLJ Research gave U.S. Steel a \"buy\" rating, and the target price rose from US $23.89 to US $39.55.</p><p><img src=\"https://static.tigerbbs.com/7ec431cbeceaba30ae2fdbc574fe59d1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>[Change] The steel sector rose at the beginning of the session, and U.S. steel rose more than 3%</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\">\n[Change] The steel sector rose at the beginning of the session, and U.S. steel rose more than 3%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-11 22:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 11, the U.S. steel sector rose at the beginning of the session.<a href=\"https://laohu8.com/S/FCX\">McMoRan copper-gold</a>Rose more than 4%,<a href=\"https://laohu8.com/S/X\">United States Steel</a>、<a href=\"https://laohu8.com/S/PKX\">Posco Steel</a>Rose more than 3%,<a href=\"https://laohu8.com/S/MT\">ArcelorMittal</a>Up nearly 2%. It is reported that GLJ Research gave U.S. Steel a \"buy\" rating, and the target price rose from US $23.89 to US $39.55.</p><p><img src=\"https://static.tigerbbs.com/7ec431cbeceaba30ae2fdbc574fe59d1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/13952713ea11f2a94ef02b2895f239d7","relate_stocks":{"FCX":"麦克莫兰铜金","X":"美国钢铁"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152296910","content_text":"6月11日，美股钢铁板块盘初走高，麦克莫兰铜金涨超4%，美国钢铁、浦项钢铁涨超3%，安赛乐米塔尔涨近2%。据悉，GLJ Research给予美国钢铁“买入”评级，目标价由23.89美元升至39.55美元。","news_type":1,"symbols_score_info":{"FCX":0.9,"X":0.9}},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188637748,"gmtCreate":1623431562784,"gmtModify":1704203678213,"author":{"id":"3585365602016782","authorId":"3585365602016782","name":"Singhan","avatar":"https://static.tigerbbs.com/3db174727ab43bc8cf21721989b03a69","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585365602016782","idStr":"3585365602016782"},"themes":[],"htmlText":"Nb","listText":"Nb","text":"Nb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188637748","repostId":"2142205569","repostType":4,"repost":{"id":"2142205569","kind":"highlight","pubTimestamp":1623422311,"share":"https://ttm.financial/m/news/2142205569?lang=en_US&edition=fundamental","pubTime":"2021-06-11 22:38","market":"us","language":"zh","title":"How dangerous is Bezos'trip to space?","url":"https://stock-news.laohu8.com/highlight/detail?id=2142205569","media":"36氪","summary":"6月11日消息，亚马逊创始人杰夫·贝索斯（Jeff Bezos）可以乘坐私人飞机环游地球，也可以乘坐大型游艇进行环球航行；他可以买下整个美国国家橄榄球联盟，也可以随手给亲友买下一座群岛；他还可以买下6","content":"<p>News on June 11,<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Jeff Bezos, the founder, can travel around the globe on a private jet or sail around the world on a mega yacht; He could buy the entire NFL, or he could buy an archipelago for his relatives and friends. He can also buy 65,000 Bugatti Chirons sports cars starting at $2.9 million. As one of the richest people in the world, Bezos can get anything on the planet. But Bezos seems ready to risk everything with an 11-minute trip to space.</p><p><h2><b>How risky is his decision?</b></h2>The answer may not be what you expect. Historically, space flight has been fraught with dangers. But the stakes aren't necessarily great for Bezos's space journey, as Blue Origin, the space company he funded, has spent much of the past decade repeatedly testing the New Shepard suborbital-class rocket, with a string of successes as well. Bezos will complete space flight aboard this rocket.</p><p>However, the space flight conducted by Bezos and his brother Mark Bezos will be the first manned flight test of the New Shepard rocket, and it is not completely risk-free.</p><p>What will Bezos's first space flight look like? How risky is it for people to go into space now?</p><p><h2><b>What is Bezos' space journey like?</b></h2>When most people think of space flight, they think of astronauts flying around the earth and spending at least a few days in space.</p><p>The Bezos brothers and other passengers won't do this.</p><p>They will go and go back quickly, and it takes less time than most people spend on their way to work, only about 11 minutes in total.</p><p>Suborbital flight is quite different from the orbital flight that most of us think of when we refer to space flight. Blue Origin's New Shepard rocket has a short flight time, and it goes straight up and down, only reaching the edge of outer space 100 kilometers above the earth.</p><p><img src=\"https://static.tigerbbs.com/25f0ed4d2e7cb17e1956f78a74c944cf\" tg-width=\"1000\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p><p>The orbital rocket needs to obtain enough thrust to reach a speed of at least 27,000 kilometers per hour, which is what we call orbital speed. Essentially, it allows the spacecraft to have enough energy to continue to rotate around the earth, instead of being immediately pulled back by gravity. ground.</p><p>Suborbital flight requires much less thrust and speed. This means a shorter burn time for the rocket, lower temperatures and pressures on the outside of the spacecraft, and less likely to occur serious errors in general.</p><p>The suborbital flight speed of the New Shepard rocket is about three times the speed of sound, about 3,700 kilometers per hour. The rocket will go all the way up vertically until most of the fuel is consumed. The crew module will separate from the rocket at the highest point of the orbit and continue to ascend for a short segment. Then, the crew module will briefly run at the highest segment of the orbit, allowing passengers to experience weightlessness for a few minutes.</p><p>After that, the crew module of New Shepard will open a large number of parachutes during the descent, reducing the landing speed to less than 32 kilometers per hour.</p><p>The rocket booster will reignite the engine and accurately complete the vertical landing using the onboard computer. The booster landing looks similar to SpaceX's Falcon 9 rocket, although the latter of course has much more thrust and is more likely to explode on impact.</p><p><h2><b>How risky is this kind of space flight?</b></h2>Blue Origin's New Shepard rocket crew module is fully automated and does not require flight controllers. It has conducted 15 flight tests and has never had an explosion accident. Compared with ambitious space travel, the nature of Bezos' space flight means that it is low risk in itself, but it doesn't mean that it is zero risk.</p><p><img src=\"https://static.tigerbbs.com/614a8ab2cf54dc3204b9f7dfb54ab8d0\" tg-width=\"1000\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p><p>Since suborbital flight doesn't require that fast speed and doesn't need to re-enter the Earth's atmosphere at incredible speeds, it is much less risky than orbital flight. During the return of the orbiting space capsule to Earth, the external temperature of the spacecraft can reach nearly 2,000 degrees Celsius, and astronauts once had to withstand the acceleration of 4.5 G. At the same time, the thickening atmosphere put increasing pressure on the spacecraft.</p><p>Both high speeds and high altitudes have inherent risks, and even small mistakes can have serious consequences. At an altitude of more than 15,000 meters, people can't survive without wearing spacesuits, while Bezos will fly to an altitude of 100 kilometers above the ground. But the capsule he was in was pressurized, so he didn't need a spacesuit to keep himself safe, and Bezos could use an oxygen mask if the cabin lost pressure. The New Shepard rocket is also equipped with an abort system to push the crew compartment and passengers away from the rocket in an emergency. The crew cabin also has a backup safety function, which allows the crew cabin to land safely even if several parachutes cannot be opened.</p><p>Even so, if the New Shepard rocket fails, there is no way to absolutely guarantee safety.</p><p>While suborbital flights are less risky than orbital flights, they still have the potential to be fatal.</p><p>For example,<a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>A suborbital vehicle disintegrated during a test flight in 2014 after one of the co-pilots of the aircraft prematurely activated the plume system used to keep the vehicle stable during the descent phase. The sudden increase in drag tore the aircraft to pieces, killing one pilot.</p><p>Since then, Virgin Galactic has conducted three successful test flights of the improved version of the \"SpaceShip-2\" aircraft. Blue Origin hasn't encountered a similar accident during the testing phase. But as it has been said in the industry for a long time, getting into space is really difficult.</p><p>But Bezos said it was worth the risk.</p>","source":"36kr_stock","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>How dangerous is Bezos'trip to space?</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\">\nHow dangerous is Bezos'trip to space?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">36氪</strong><span class=\"h-time small\">2021-06-11 22:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>News on June 11,<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Jeff Bezos, the founder, can travel around the globe on a private jet or sail around the world on a mega yacht; He could buy the entire NFL, or he could buy an archipelago for his relatives and friends. He can also buy 65,000 Bugatti Chirons sports cars starting at $2.9 million. As one of the richest people in the world, Bezos can get anything on the planet. But Bezos seems ready to risk everything with an 11-minute trip to space.</p><p><h2><b>How risky is his decision?</b></h2>The answer may not be what you expect. Historically, space flight has been fraught with dangers. But the stakes aren't necessarily great for Bezos's space journey, as Blue Origin, the space company he funded, has spent much of the past decade repeatedly testing the New Shepard suborbital-class rocket, with a string of successes as well. Bezos will complete space flight aboard this rocket.</p><p>However, the space flight conducted by Bezos and his brother Mark Bezos will be the first manned flight test of the New Shepard rocket, and it is not completely risk-free.</p><p>What will Bezos's first space flight look like? How risky is it for people to go into space now?</p><p><h2><b>What is Bezos' space journey like?</b></h2>When most people think of space flight, they think of astronauts flying around the earth and spending at least a few days in space.</p><p>The Bezos brothers and other passengers won't do this.</p><p>They will go and go back quickly, and it takes less time than most people spend on their way to work, only about 11 minutes in total.</p><p>Suborbital flight is quite different from the orbital flight that most of us think of when we refer to space flight. Blue Origin's New Shepard rocket has a short flight time, and it goes straight up and down, only reaching the edge of outer space 100 kilometers above the earth.</p><p><img src=\"https://static.tigerbbs.com/25f0ed4d2e7cb17e1956f78a74c944cf\" tg-width=\"1000\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p><p>The orbital rocket needs to obtain enough thrust to reach a speed of at least 27,000 kilometers per hour, which is what we call orbital speed. Essentially, it allows the spacecraft to have enough energy to continue to rotate around the earth, instead of being immediately pulled back by gravity. ground.</p><p>Suborbital flight requires much less thrust and speed. This means a shorter burn time for the rocket, lower temperatures and pressures on the outside of the spacecraft, and less likely to occur serious errors in general.</p><p>The suborbital flight speed of the New Shepard rocket is about three times the speed of sound, about 3,700 kilometers per hour. The rocket will go all the way up vertically until most of the fuel is consumed. The crew module will separate from the rocket at the highest point of the orbit and continue to ascend for a short segment. Then, the crew module will briefly run at the highest segment of the orbit, allowing passengers to experience weightlessness for a few minutes.</p><p>After that, the crew module of New Shepard will open a large number of parachutes during the descent, reducing the landing speed to less than 32 kilometers per hour.</p><p>The rocket booster will reignite the engine and accurately complete the vertical landing using the onboard computer. The booster landing looks similar to SpaceX's Falcon 9 rocket, although the latter of course has much more thrust and is more likely to explode on impact.</p><p><h2><b>How risky is this kind of space flight?</b></h2>Blue Origin's New Shepard rocket crew module is fully automated and does not require flight controllers. It has conducted 15 flight tests and has never had an explosion accident. Compared with ambitious space travel, the nature of Bezos' space flight means that it is low risk in itself, but it doesn't mean that it is zero risk.</p><p><img src=\"https://static.tigerbbs.com/614a8ab2cf54dc3204b9f7dfb54ab8d0\" tg-width=\"1000\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p><p>Since suborbital flight doesn't require that fast speed and doesn't need to re-enter the Earth's atmosphere at incredible speeds, it is much less risky than orbital flight. During the return of the orbiting space capsule to Earth, the external temperature of the spacecraft can reach nearly 2,000 degrees Celsius, and astronauts once had to withstand the acceleration of 4.5 G. At the same time, the thickening atmosphere put increasing pressure on the spacecraft.</p><p>Both high speeds and high altitudes have inherent risks, and even small mistakes can have serious consequences. At an altitude of more than 15,000 meters, people can't survive without wearing spacesuits, while Bezos will fly to an altitude of 100 kilometers above the ground. But the capsule he was in was pressurized, so he didn't need a spacesuit to keep himself safe, and Bezos could use an oxygen mask if the cabin lost pressure. The New Shepard rocket is also equipped with an abort system to push the crew compartment and passengers away from the rocket in an emergency. The crew cabin also has a backup safety function, which allows the crew cabin to land safely even if several parachutes cannot be opened.</p><p>Even so, if the New Shepard rocket fails, there is no way to absolutely guarantee safety.</p><p>While suborbital flights are less risky than orbital flights, they still have the potential to be fatal.</p><p>For example,<a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>A suborbital vehicle disintegrated during a test flight in 2014 after one of the co-pilots of the aircraft prematurely activated the plume system used to keep the vehicle stable during the descent phase. The sudden increase in drag tore the aircraft to pieces, killing one pilot.</p><p>Since then, Virgin Galactic has conducted three successful test flights of the improved version of the \"SpaceShip-2\" aircraft. Blue Origin hasn't encountered a similar accident during the testing phase. But as it has been said in the industry for a long time, getting into space is really difficult.</p><p>But Bezos said it was worth the risk.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://36kr.com/p/1263912507152256\">36氪</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9e340c05ca20f874e1ef85f7592a0fa0","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://36kr.com/p/1263912507152256","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142205569","content_text":"6月11日消息，亚马逊创始人杰夫·贝索斯（Jeff Bezos）可以乘坐私人飞机环游地球，也可以乘坐大型游艇进行环球航行；他可以买下整个美国国家橄榄球联盟，也可以随手给亲友买下一座群岛；他还可以买下65000辆起售价290万美元的布加迪Chirons跑车。作为世界上最富有的人之一，贝索斯可以得到地球上的任何东西。但贝索斯似乎准备冒着一切风险，进行11分钟的太空之旅。\n他的这个决定到底有多大风险?\n答案可能不是你所期望的那样。从历史上看，太空飞行充满危险。但对于贝索斯的太空之旅来说，风险不一定很大，因为他资助的太空公司蓝色起源在过去十年的大部分时间里都在反复测试新谢泼德号亚轨道级火箭，也获得了一系列成功。贝索斯将搭乘这种火箭完成太空飞行。\n不过，贝索斯和他兄弟马克·贝索斯（Mark Bezos）一道进行的太空飞行将是新谢泼德号火箭的首次载人飞行测试，并非完全没有风险。\n贝索斯的首次太空飞行将会是什么样子？现在人们进入太空的风险又有多大呢？\n贝索斯的太空之旅什么样？\n当大多数人想到太空飞行时，他们想到的是宇航员绕地球飞行，在太空中至少待上几天时间。\n贝索斯兄弟两人和其他乘客不会这么做。\n他们会快去快回，而且用的时间比大多数人花在上班路上的时间都要短，总共大约只有11分钟的时间。\n亚轨道飞行与我们大多数人提及太空飞行时想到的轨道飞行有很大不同。蓝色起源的新谢泼德号火箭飞行时间很短，而且是直上直下，只会抵达距地100公里的外太空边缘。\n\n轨道级火箭需要获得足够推力，从而达到至少每小时27000公里的速度，这也就是我们所说的轨道速度，本质上是让飞船有足够能量可以继续绕着地球旋转，而不是立即被重力拉回地面。\n亚轨道飞行所需要的推力和速度要小得多。这意味着火箭燃烧时间更短，飞船外部承受的温度和压力更低，通常情况下发生严重错误的可能性更小。\n新谢泼德号火箭的亚轨道飞行速度约为三倍音速，大约每小时3700公里。火箭将一路垂直向上，直至消耗掉大部分燃料。乘员舱将在轨道最高点与火箭分离，并继续上升一小段，然后乘员舱会在运行轨道的最高段短暂运行，让乘客体验几分钟的失重状态。\n在此之后，新谢泼德号乘员舱会在下降过程中打开大量降落伞，将降落速度降低到每小时32公里以下。\n而火箭助推器将重新点燃发动机，利用机载计算机精确完成垂直着陆。助推器着陆看起来类似于SpaceX的猎鹰9号火箭，当然后者的推力要大得多，而且更容易在撞击时爆炸。\n这种太空飞行的风险有多大?\n蓝色起源公司的新谢泼德号火箭乘员舱是完全自动化运行的，不需要飞行控制人员。其已经进行了15次飞行测试，从未发生过爆炸事故。与雄心勃勃的太空旅行相比，贝索斯这次太空飞行的性质意味着其本身风险很低，但并不意味着风险为零。\n\n由于亚轨道飞行不需要那么快的速度，也不需要以难以置信的速度重返地球大气层，因此比轨道飞行的风险小得多。在进行轨道飞行的太空舱重返地球过程中，飞船外部温度可以达到近2000摄氏度，宇航员一度需要承受4.5G的加速度，而与此同时，不断变厚的大气层对飞船周围的压力越来越大。\n高速和高空都有着固有风险，即使是很小的错误也会带来严重后果。在15000米以上的高度，如果人不穿宇航服就无法存活，而贝索斯将飞行到距地100公里的高度。但他乘坐的太空舱是加压的，所以他不需要宇航服来保证自身安全，而且如果客舱失压，贝索斯可以使用氧气面罩。新谢泼德号火箭还配备了一个中止系统，用于在紧急情况下将乘员舱和乘客推离火箭。乘员舱还有备份安全功能，即使有数个降落伞无法打开，也可以让乘员舱安全着陆。\n即便如此，如果新谢泼德号火箭发生故障，也没有办法绝对保证安全。\n虽然亚轨道飞行比轨道飞行风险小，但它们仍然有致命的可能性。\n例如，维珍银河一架亚轨道飞行器在2014年一次试飞中解体，原因是飞机一名副驾驶员过早启动了用于在下降阶段保持飞行器稳定的羽状系统。陡然增加的阻力将飞行器撕裂成碎片，导致一名飞行员死亡。\n此后，维珍银河已经对改进版的“太空船二号”飞行器进行了三次成功试飞。蓝色起源在测试阶段还没有遇到过类似的事故。但正如行内流传已久的说法，进入太空真的很难。\n但贝索斯表示，冒这种险是值得的。","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}