Ghossstsam的个人主页 - 老虎社区

Ghossstsam

Ghossstsam

暂无个人介绍

IP属地：未知

628关注

9粉丝

0主题

0勋章

2021-12-23

Wow

Tesla Is Back Above $1,000. Are New Highs Next?<blockquote>特斯拉重回1000美元以上。下一个是新高吗？</blockquote>

2021-12-15

Wow

抱歉，原内容已删除

2021-10-13

Great

香港交易所：因八号暴风信号仍未解除，港交所全日停止交易

2021-10-04

Good

@何安迪:美股要开启杀估值时代？！

2021-09-14

Great

抱歉，原内容已删除

2021-09-14

Great

抱歉，原内容已删除

2021-08-05

Ok

抱歉，原内容已删除

2021-08-03

Likw and comment

抱歉，原内容已删除

2021-08-03

Great nice

抱歉，原内容已删除

2021-07-27

Like plssss

抱歉，原内容已删除

2021-07-24

Like and comment thanksss

Tencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</blockquote>

2021-07-24

[强] [强] [强]

抱歉，原内容已删除

2021-07-12

Like pls

抱歉，原内容已删除

2021-06-23

Pls like and comment thank you

抱歉，原内容已删除

2021-06-23

Like and comment thanks

Oil Climbs Above $73 With Report Pointing to Falling Stockpiles<blockquote>油价攀升至73美元以上，报告显示库存下降</blockquote>

2021-06-23

Like and comment thanks

51job.com agrees to US$5.7 billion privatisation deal, latest US-listed Chinese firm to go private<blockquote>前程无忧同意57亿美元私有化交易，最新一家在美上市的中国公司私有化</blockquote>

2021-06-22

Great

抱歉，原内容已删除

2021-06-22

Pls like

抱歉，原内容已删除

2021-06-22

Nice

Powell Just Launched $2 Trillion In "Heat-Seeking Missiles": Zoltan Explains How The Fed Started The Next Repo Crisis<blockquote>鲍威尔刚刚发射了2万亿美元的“热寻导弹”：Zoltan解释美联储如何开启下一次回购危机</blockquote>

2021-06-18

Nice

Some Commodities Have Now Wiped Out All of Their 2021 Rally<blockquote>一些大宗商品现已抹去2021年的所有涨势</blockquote>

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3575242933917282","uuid":"3575242933917282","gmtCreate":1612159032698,"gmtModify":1616466173927,"name":"Ghossstsam","pinyin":"ghossstsam","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":9,"headSize":628,"tweetSize":39,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-3","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"偶像虎友","description":"加入老虎社区1500天","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.22","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-2","templateUuid":"35ec162348d5460f88c959321e554969","name":"宗师交易员","description":"证券或期货账户累计交易次数达到100次","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.20","exceedPercentage":"80.88%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":691445667,"gmtCreate":1640233450558,"gmtModify":1640233450722,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691445667","repostId":"1128124450","repostType":2,"repost":{"id":"1128124450","kind":"news","pubTimestamp":1640224536,"share":"https://www.laohu8.com/m/news/1128124450?lang=zh_CN&edition=full","pubTime":"2021-12-23 09:55","market":"us","language":"en","title":"Tesla Is Back Above $1,000. Are New Highs Next?<blockquote>特斯拉重回1000美元以上。下一个是新高吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128124450","media":"TheStreet","summary":"Tesla stock is back on the move and this time, it's trading back above $1,000. Here's how the charts","content":"<p>Tesla stock is back on the move and this time, it's trading back above $1,000. Here's how the charts are setting up now.</p><p><blockquote>特斯拉股价重新上涨，这一次，它的交易价格回到了1,000美元以上。下面是图表现在的设置方式。</blockquote></p><p> Tesla&nbsp;shares are rallying higher on Wednesday, up 7.5% and climbing back above $1,000 a share. That's got bulls cheering the stock’s recent run.</p><p><blockquote>特斯拉股价周三走高，上涨7.5%，并回升至每股1,000美元以上。这让多头为该股最近的上涨欢呼。</blockquote></p><p> On Tuesday, Tesla stock hit its lowest level since Oct. 22 and was&nbsp;down 27% from the highs.</p><p><blockquote>周二，特斯拉股价触及10月22日以来的最低水平，较高点下跌27%。</blockquote></p><p> However, shares reversed off that low, climbing more than $50 a share by the close.</p><p><blockquote>然而，股价从该低点逆转，截至收盘上涨超过每股50美元。</blockquote></p><p> That rally is extending itself Wednesday, with Tesla stock up more than 13% from yesterday’s low.</p><p><blockquote>周三涨势仍在延续，特斯拉股价较昨日低点上涨逾13%。</blockquote></p><p> Tesla stock&nbsp;was in focus this morning&nbsp;ahead of the open, rallying several percent on the hope that CEO Elon Musk would be done selling his shares.</p><p><blockquote>特斯拉股票今天上午开盘前成为焦点，由于首席执行官Elon Musk将完成出售股票的希望，该股上涨了几个百分点。</blockquote></p><p> Musk said that&nbsp;he’s “sold enough” to meet&nbsp;his prior pledge. Earlier this week, Musk said he will pay&nbsp;more than $11 billion in taxes this year.</p><p><blockquote>马斯克表示，他已经“卖出了足够多的东西”来兑现他之前的承诺。本周早些时候，马斯克表示，他今年将缴纳超过110亿美元的税款。</blockquote></p><p> If Musk really is done selling the stock — and he should be — then that big headwind will be out of the way and we may see it rebound higher. Now that it’s back above $1,000, we have to wonder if Tesla can climb to new highs.</p><p><blockquote>如果马斯克真的完成了出售股票——他应该这样做——那么巨大的阻力将会消失，我们可能会看到它反弹走高。现在它又回到了1000美元以上，我们不得不怀疑特斯拉是否能攀升至新高。</blockquote></p><p> <b>Trading Tesla Stock</b></p><p><blockquote><b>交易特斯拉股票</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e32b497a2bbfdad887112e45eeb92adb\" tg-width=\"1139\" tg-height=\"866\" width=\"100%\" height=\"auto\"><span>Daily chart of Tesla stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>特斯拉股票日线图。</span></p></blockquote></p><p> The stock traded down into the $910 gap-fill level and prior all-time high at $900, and found its footing.</p><p><blockquote>该股跌至910美元的缺口填补水平和之前的历史高点900美元，并找到了立足点。</blockquote></p><p> If we get specific, the 21-week moving average and the 200-unit moving average on the four-hour chart were also nearby.</p><p><blockquote>具体来说，4小时图上的21周移动平均线和200单位移动平均线也在附近。</blockquote></p><p> In any regard, Tesla shares are ripping higher now, trading up through the 10-day moving average and hovering around the key $1,000 level, which has been a key pivot since late October.</p><p><blockquote>无论如何，特斯拉股价目前正在飙升，突破10日移动平均线，并徘徊在1,000美元的关键水平附近，这是自10月底以来的一个关键支点。</blockquote></p><p> If it can maintain above $1,000, the next obvious area comes into play near $1,025 to $1,035. There Tesla stock finds its 21-day and 50-day moving averages.</p><p><blockquote>如果能维持在1000美元以上，下一个明显区域在1025美元至1035美元附近发挥作用。特斯拉股票在那里找到了21日和50日移动平均线。</blockquote></p><p> That should be an area to take a pause, but if Tesla is able to push through this zone, then the $1,100 level and downtrend resistance (blue line) are in play.</p><p><blockquote>这应该是一个需要暂停的区域，但如果特斯拉能够突破该区域，那么1,100美元水平和下降趋势阻力（蓝线）就会发挥作用。</blockquote></p><p> On the downside, let’s see if shares struggle with $1,000. In that case, I want to see the now-rising 10-day moving average act as support on the dips.</p><p><blockquote>不利的一面是，让我们看看股价是否会在1,000美元处挣扎。在这种情况下，我希望看到现在上涨的10日移动平均线在下跌时充当支撑。</blockquote></p><p> If it doesn’t, then the stock could go on to fill the gap down near $940.</p><p><blockquote>如果没有，那么该股可能会继续填补940美元附近的缺口。</blockquote></p><p> There’s one other thing: If Tesla rallies up to the 21-day and 50-day moving averages but can’t push through, let’s see if the $1,000 mark and the 10-day moving average act as support.</p><p><blockquote>还有一件事：如果特斯拉反弹至21日和50日均线但无法突破，让我们看看1000美元大关和10日均线是否充当支撑。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is Back Above $1,000. Are New Highs Next?<blockquote>特斯拉重回1000美元以上。下一个是新高吗？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is Back Above $1,000. Are New Highs Next?<blockquote>特斯拉重回1000美元以上。下一个是新高吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-12-23 09:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla stock is back on the move and this time, it's trading back above $1,000. Here's how the charts are setting up now.</p><p><blockquote>特斯拉股价重新上涨，这一次，它的交易价格回到了1,000美元以上。下面是图表现在的设置方式。</blockquote></p><p> Tesla&nbsp;shares are rallying higher on Wednesday, up 7.5% and climbing back above $1,000 a share. That's got bulls cheering the stock’s recent run.</p><p><blockquote>特斯拉股价周三走高，上涨7.5%，并回升至每股1,000美元以上。这让多头为该股最近的上涨欢呼。</blockquote></p><p> On Tuesday, Tesla stock hit its lowest level since Oct. 22 and was&nbsp;down 27% from the highs.</p><p><blockquote>周二，特斯拉股价触及10月22日以来的最低水平，较高点下跌27%。</blockquote></p><p> However, shares reversed off that low, climbing more than $50 a share by the close.</p><p><blockquote>然而，股价从该低点逆转，截至收盘上涨超过每股50美元。</blockquote></p><p> That rally is extending itself Wednesday, with Tesla stock up more than 13% from yesterday’s low.</p><p><blockquote>周三涨势仍在延续，特斯拉股价较昨日低点上涨逾13%。</blockquote></p><p> Tesla stock&nbsp;was in focus this morning&nbsp;ahead of the open, rallying several percent on the hope that CEO Elon Musk would be done selling his shares.</p><p><blockquote>特斯拉股票今天上午开盘前成为焦点，由于首席执行官Elon Musk将完成出售股票的希望，该股上涨了几个百分点。</blockquote></p><p> Musk said that&nbsp;he’s “sold enough” to meet&nbsp;his prior pledge. Earlier this week, Musk said he will pay&nbsp;more than $11 billion in taxes this year.</p><p><blockquote>马斯克表示，他已经“卖出了足够多的东西”来兑现他之前的承诺。本周早些时候，马斯克表示，他今年将缴纳超过110亿美元的税款。</blockquote></p><p> If Musk really is done selling the stock — and he should be — then that big headwind will be out of the way and we may see it rebound higher. Now that it’s back above $1,000, we have to wonder if Tesla can climb to new highs.</p><p><blockquote>如果马斯克真的完成了出售股票——他应该这样做——那么巨大的阻力将会消失，我们可能会看到它反弹走高。现在它又回到了1000美元以上，我们不得不怀疑特斯拉是否能攀升至新高。</blockquote></p><p> <b>Trading Tesla Stock</b></p><p><blockquote><b>交易特斯拉股票</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e32b497a2bbfdad887112e45eeb92adb\" tg-width=\"1139\" tg-height=\"866\" width=\"100%\" height=\"auto\"><span>Daily chart of Tesla stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>特斯拉股票日线图。</span></p></blockquote></p><p> The stock traded down into the $910 gap-fill level and prior all-time high at $900, and found its footing.</p><p><blockquote>该股跌至910美元的缺口填补水平和之前的历史高点900美元，并找到了立足点。</blockquote></p><p> If we get specific, the 21-week moving average and the 200-unit moving average on the four-hour chart were also nearby.</p><p><blockquote>具体来说，4小时图上的21周移动平均线和200单位移动平均线也在附近。</blockquote></p><p> In any regard, Tesla shares are ripping higher now, trading up through the 10-day moving average and hovering around the key $1,000 level, which has been a key pivot since late October.</p><p><blockquote>无论如何，特斯拉股价目前正在飙升，突破10日移动平均线，并徘徊在1,000美元的关键水平附近，这是自10月底以来的一个关键支点。</blockquote></p><p> If it can maintain above $1,000, the next obvious area comes into play near $1,025 to $1,035. There Tesla stock finds its 21-day and 50-day moving averages.</p><p><blockquote>如果能维持在1000美元以上，下一个明显区域在1025美元至1035美元附近发挥作用。特斯拉股票在那里找到了21日和50日移动平均线。</blockquote></p><p> That should be an area to take a pause, but if Tesla is able to push through this zone, then the $1,100 level and downtrend resistance (blue line) are in play.</p><p><blockquote>这应该是一个需要暂停的区域，但如果特斯拉能够突破该区域，那么1,100美元水平和下降趋势阻力（蓝线）就会发挥作用。</blockquote></p><p> On the downside, let’s see if shares struggle with $1,000. In that case, I want to see the now-rising 10-day moving average act as support on the dips.</p><p><blockquote>不利的一面是，让我们看看股价是否会在1,000美元处挣扎。在这种情况下，我希望看到现在上涨的10日移动平均线在下跌时充当支撑。</blockquote></p><p> If it doesn’t, then the stock could go on to fill the gap down near $940.</p><p><blockquote>如果没有，那么该股可能会继续填补940美元附近的缺口。</blockquote></p><p> There’s one other thing: If Tesla rallies up to the 21-day and 50-day moving averages but can’t push through, let’s see if the $1,000 mark and the 10-day moving average act as support.</p><p><blockquote>还有一件事：如果特斯拉反弹至21日和50日均线但无法突破，让我们看看1000美元大关和10日均线是否充当支撑。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/trading-tesla-tsla-stock-back-above-1000-new-highs\">TheStreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.thestreet.com/investing/trading-tesla-tsla-stock-back-above-1000-new-highs","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128124450","content_text":"Tesla stock is back on the move and this time, it's trading back above $1,000. Here's how the charts are setting up now.\nTesla shares are rallying higher on Wednesday, up 7.5% and climbing back above $1,000 a share. That's got bulls cheering the stock’s recent run.\nOn Tuesday, Tesla stock hit its lowest level since Oct. 22 and was down 27% from the highs.\nHowever, shares reversed off that low, climbing more than $50 a share by the close.\nThat rally is extending itself Wednesday, with Tesla stock up more than 13% from yesterday’s low.\nTesla stock was in focus this morning ahead of the open, rallying several percent on the hope that CEO Elon Musk would be done selling his shares.\nMusk said that he’s “sold enough” to meet his prior pledge. Earlier this week, Musk said he will pay more than $11 billion in taxes this year.\nIf Musk really is done selling the stock — and he should be — then that big headwind will be out of the way and we may see it rebound higher. Now that it’s back above $1,000, we have to wonder if Tesla can climb to new highs.\nTrading Tesla Stock\nDaily chart of Tesla stock.\nThe stock traded down into the $910 gap-fill level and prior all-time high at $900, and found its footing.\nIf we get specific, the 21-week moving average and the 200-unit moving average on the four-hour chart were also nearby.\nIn any regard, Tesla shares are ripping higher now, trading up through the 10-day moving average and hovering around the key $1,000 level, which has been a key pivot since late October.\nIf it can maintain above $1,000, the next obvious area comes into play near $1,025 to $1,035. There Tesla stock finds its 21-day and 50-day moving averages.\nThat should be an area to take a pause, but if Tesla is able to push through this zone, then the $1,100 level and downtrend resistance (blue line) are in play.\nOn the downside, let’s see if shares struggle with $1,000. In that case, I want to see the now-rising 10-day moving average act as support on the dips.\nIf it doesn’t, then the stock could go on to fill the gap down near $940.\nThere’s one other thing: If Tesla rallies up to the 21-day and 50-day moving averages but can’t push through, let’s see if the $1,000 mark and the 10-day moving average act as support.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607637308,"gmtCreate":1639531887129,"gmtModify":1639532016212,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607637308","repostId":"1132065410","repostType":2,"isVote":1,"tweetType":1,"viewCount":2768,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822119356,"gmtCreate":1634100288265,"gmtModify":1634100288478,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/822119356","repostId":"1195379296","repostType":2,"repost":{"id":"1195379296","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":1634097446,"share":"https://www.laohu8.com/m/news/1195379296?lang=zh_CN&edition=full","pubTime":"2021-10-13 11:57","market":"hk","language":"zh","title":"香港交易所：因八号暴风信号仍未解除，港交所全日停止交易","url":"https://stock-news.laohu8.com/highlight/detail?id=1195379296","media":"老虎资讯综合","summary":"10月13日，香港交易所：因八号暴风信号仍未解除，港交所全日停止交易。\n上交所：沪港通下港股通今日暂停交易\n上交所公告，2021年10月13日，香港联合证券交易所因台风暂停交易。根据《上海证券交易所沪","content":"<p>10月13日，香港交易所：因八号暴风信号仍未解除，港交所全日停止交易。</p>\n<p><b>上交所：沪港通下港股通今日暂停交易</b></p>\n<p>上交所公告，2021年10月13日，香港联合证券交易所因台风暂停交易。根据《上海证券交易所沪港通业务实施办法》，沪港通下港股通暂停交易。港股通交易的清算交收事宜，根据中国证券登记结算有限责任公司的安排进行。</p>\n<p><b>深交所：深港通下的港股通今日暂停交易</b></p>\n<p>深交所公告，10月13日，港交所因台风暂停交易。深港通下的港股通暂停交易。港股通交易的清算交收事宜，按照中登公司的安排进行。</p>\n<p><b>今天并非沪深港通北向交易日。</b></p>\n<p>若八号或以上台风信号／极端情况警告于早上9时仍然生效，早上将暂停交易。</p>\n<p>若八号或以上台风信号／极端情况警告于中午12时或之前取消，香港交易所证券及衍生产品市场的产品将于下午恢复交易，并会在台风信号／极端情况警告解除约两小时后的整点或30分开始交易。</p>\n<p>若八号或以上台风信号／极端情况警告于中午12时仍然生效，证券及衍生产品市场将会全日暂停交易。</p>\n<p>香港交易所将于适当时候再发出公布。</p>\n<p><b>一文看懂：极端天气下 如何影响港股交易？</b></p>\n<p>在极端天气下，对港股市场交易的影响，一般分为四种情况。一)如果8号风球或黑暴天气在开市前时段开始前发出：</p>\n<p>1)上午7点之前解除警告，则全天交易正常。2)7:00至9:00解除警报的，集合竞价时段(香港称开市前时段)将被取消，警报解除两小时后的整点或30分钟开始交易。(例如，如果警报在上午 7:15解除，那么早上交易时段将在上午9:30开始。如果警报在上午7:30解除，那么早上交易时段将于上午9:30开始。)。</p>\n<p>3)9:00至11:00解除警报的，上午交易取消，13:00开始交易。4)11:00至11:30解除警报的，上午交易取消，13:30开始交易。5)11:30至12:00解除警报的，上午交易取消，14:00开始交易。6)12:00以后解除警报的，全天停止交易。</p>\n<p><img src=\"https://static.tigerbbs.com/823989fd981efbb67f02d096c4a1e42f\" tg-width=\"550\" tg-height=\"270\" referrerpolicy=\"no-referrer\"></p>\n<p>二)如果8号风球或黑暴天气在开市前时段内发出：8号以上台风情况是证券市场交易将继续进行直至开市前时段结束为止，解除情况参考一)；如果是黑色暴雨警告信号，如果警告发出前已经交易，交易则继续进行直至收市。如果警告发出前没有任何交易，交易将于警告解除后恢复，解除情况参考一)。</p>\n<p><img src=\"https://static.tigerbbs.com/e5c6a6a792170c70a111ac58c9a0726e\" tg-width=\"550\" tg-height=\"116\" referrerpolicy=\"no-referrer\"></p>\n<p>三)8号以上台风如果在早上交易时段或下午交易时段发出分两种情况：1)若信号/ 极端情况于下午3:45前(全日市)或上午11:45前(半日市)发出，交易于信号发出后15分钟停止。若下午3:45(全日市)或上午11:45(半日市)时仍未恢复交易，该交易日将不会有收市竞价交易时段。2)若信号/ 极端情况于下午3:45(全日市)或上午11:45(半日市)或之后发出，该交易日将维持正常直至收市竞价交易时段完结。</p>\n<p><img src=\"https://static.tigerbbs.com/fcf52d37f49bba290d7fd6d7d45f3517\" tg-width=\"550\" tg-height=\"151\" referrerpolicy=\"no-referrer\"></p>\n<p>四)黑色暴雨警告于早上交易时段及下午交易时段内发出，若警告发出前已进行交易，交易将继续直至收市；若警告发出前没有进行任何交易，交易将于警告解除后恢复。详情请参照上表一)有关警告解除后恢复交易之安排。</p>\n<p><img src=\"https://static.tigerbbs.com/e3f6e2f8014819cb3ba1f024244cb59f\" tg-width=\"550\" tg-height=\"107\" 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>香港交易所：因八号暴风信号仍未解除，港交所全日停止交易</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n香港交易所：因八号暴风信号仍未解除，港交所全日停止交易\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-10-13 11:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>10月13日，香港交易所：因八号暴风信号仍未解除，港交所全日停止交易。</p>\n<p><b>上交所：沪港通下港股通今日暂停交易</b></p>\n<p>上交所公告，2021年10月13日，香港联合证券交易所因台风暂停交易。根据《上海证券交易所沪港通业务实施办法》，沪港通下港股通暂停交易。港股通交易的清算交收事宜，根据中国证券登记结算有限责任公司的安排进行。</p>\n<p><b>深交所：深港通下的港股通今日暂停交易</b></p>\n<p>深交所公告，10月13日，港交所因台风暂停交易。深港通下的港股通暂停交易。港股通交易的清算交收事宜，按照中登公司的安排进行。</p>\n<p><b>今天并非沪深港通北向交易日。</b></p>\n<p>若八号或以上台风信号／极端情况警告于早上9时仍然生效，早上将暂停交易。</p>\n<p>若八号或以上台风信号／极端情况警告于中午12时或之前取消，香港交易所证券及衍生产品市场的产品将于下午恢复交易，并会在台风信号／极端情况警告解除约两小时后的整点或30分开始交易。</p>\n<p>若八号或以上台风信号／极端情况警告于中午12时仍然生效，证券及衍生产品市场将会全日暂停交易。</p>\n<p>香港交易所将于适当时候再发出公布。</p>\n<p><b>一文看懂：极端天气下 如何影响港股交易？</b></p>\n<p>在极端天气下，对港股市场交易的影响，一般分为四种情况。一)如果8号风球或黑暴天气在开市前时段开始前发出：</p>\n<p>1)上午7点之前解除警告，则全天交易正常。2)7:00至9:00解除警报的，集合竞价时段(香港称开市前时段)将被取消，警报解除两小时后的整点或30分钟开始交易。(例如，如果警报在上午 7:15解除，那么早上交易时段将在上午9:30开始。如果警报在上午7:30解除，那么早上交易时段将于上午9:30开始。)。</p>\n<p>3)9:00至11:00解除警报的，上午交易取消，13:00开始交易。4)11:00至11:30解除警报的，上午交易取消，13:30开始交易。5)11:30至12:00解除警报的，上午交易取消，14:00开始交易。6)12:00以后解除警报的，全天停止交易。</p>\n<p><img src=\"https://static.tigerbbs.com/823989fd981efbb67f02d096c4a1e42f\" tg-width=\"550\" tg-height=\"270\" referrerpolicy=\"no-referrer\"></p>\n<p>二)如果8号风球或黑暴天气在开市前时段内发出：8号以上台风情况是证券市场交易将继续进行直至开市前时段结束为止，解除情况参考一)；如果是黑色暴雨警告信号，如果警告发出前已经交易，交易则继续进行直至收市。如果警告发出前没有任何交易，交易将于警告解除后恢复，解除情况参考一)。</p>\n<p><img src=\"https://static.tigerbbs.com/e5c6a6a792170c70a111ac58c9a0726e\" tg-width=\"550\" tg-height=\"116\" referrerpolicy=\"no-referrer\"></p>\n<p>三)8号以上台风如果在早上交易时段或下午交易时段发出分两种情况：1)若信号/ 极端情况于下午3:45前(全日市)或上午11:45前(半日市)发出，交易于信号发出后15分钟停止。若下午3:45(全日市)或上午11:45(半日市)时仍未恢复交易，该交易日将不会有收市竞价交易时段。2)若信号/ 极端情况于下午3:45(全日市)或上午11:45(半日市)或之后发出，该交易日将维持正常直至收市竞价交易时段完结。</p>\n<p><img src=\"https://static.tigerbbs.com/fcf52d37f49bba290d7fd6d7d45f3517\" tg-width=\"550\" tg-height=\"151\" referrerpolicy=\"no-referrer\"></p>\n<p>四)黑色暴雨警告于早上交易时段及下午交易时段内发出，若警告发出前已进行交易，交易将继续直至收市；若警告发出前没有进行任何交易，交易将于警告解除后恢复。详情请参照上表一)有关警告解除后恢复交易之安排。</p>\n<p><img src=\"https://static.tigerbbs.com/e3f6e2f8014819cb3ba1f024244cb59f\" tg-width=\"550\" tg-height=\"107\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c1cb237e736a4e03c939622e7b71e8e7","relate_stocks":{"HSTECH":"恒生科技指数","HSI":"恒生指数"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195379296","content_text":"10月13日，香港交易所：因八号暴风信号仍未解除，港交所全日停止交易。\n上交所：沪港通下港股通今日暂停交易\n上交所公告，2021年10月13日，香港联合证券交易所因台风暂停交易。根据《上海证券交易所沪港通业务实施办法》，沪港通下港股通暂停交易。港股通交易的清算交收事宜，根据中国证券登记结算有限责任公司的安排进行。\n深交所：深港通下的港股通今日暂停交易\n深交所公告，10月13日，港交所因台风暂停交易。深港通下的港股通暂停交易。港股通交易的清算交收事宜，按照中登公司的安排进行。\n今天并非沪深港通北向交易日。\n若八号或以上台风信号／极端情况警告于早上9时仍然生效，早上将暂停交易。\n若八号或以上台风信号／极端情况警告于中午12时或之前取消，香港交易所证券及衍生产品市场的产品将于下午恢复交易，并会在台风信号／极端情况警告解除约两小时后的整点或30分开始交易。\n若八号或以上台风信号／极端情况警告于中午12时仍然生效，证券及衍生产品市场将会全日暂停交易。\n香港交易所将于适当时候再发出公布。\n一文看懂：极端天气下 如何影响港股交易？\n在极端天气下，对港股市场交易的影响，一般分为四种情况。一)如果8号风球或黑暴天气在开市前时段开始前发出：\n1)上午7点之前解除警告，则全天交易正常。2)7:00至9:00解除警报的，集合竞价时段(香港称开市前时段)将被取消，警报解除两小时后的整点或30分钟开始交易。(例如，如果警报在上午 7:15解除，那么早上交易时段将在上午9:30开始。如果警报在上午7:30解除，那么早上交易时段将于上午9:30开始。)。\n3)9:00至11:00解除警报的，上午交易取消，13:00开始交易。4)11:00至11:30解除警报的，上午交易取消，13:30开始交易。5)11:30至12:00解除警报的，上午交易取消，14:00开始交易。6)12:00以后解除警报的，全天停止交易。\n\n二)如果8号风球或黑暴天气在开市前时段内发出：8号以上台风情况是证券市场交易将继续进行直至开市前时段结束为止，解除情况参考一)；如果是黑色暴雨警告信号，如果警告发出前已经交易，交易则继续进行直至收市。如果警告发出前没有任何交易，交易将于警告解除后恢复，解除情况参考一)。\n\n三)8号以上台风如果在早上交易时段或下午交易时段发出分两种情况：1)若信号/ 极端情况于下午3:45前(全日市)或上午11:45前(半日市)发出，交易于信号发出后15分钟停止。若下午3:45(全日市)或上午11:45(半日市)时仍未恢复交易，该交易日将不会有收市竞价交易时段。2)若信号/ 极端情况于下午3:45(全日市)或上午11:45(半日市)或之后发出，该交易日将维持正常直至收市竞价交易时段完结。\n\n四)黑色暴雨警告于早上交易时段及下午交易时段内发出，若警告发出前已进行交易，交易将继续直至收市；若警告发出前没有进行任何交易，交易将于警告解除后恢复。详情请参照上表一)有关警告解除后恢复交易之安排。","news_type":1,"symbols_score_info":{"HSTECH":0.9,"HSI":0.9}},"isVote":1,"tweetType":1,"viewCount":3859,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820908976,"gmtCreate":1633334937295,"gmtModify":1633334937491,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820908976","repostId":"866384518","repostType":1,"repost":{"id":866384518,"gmtCreate":1632735381331,"gmtModify":1632737388042,"author":{"id":"3568081734360099","authorId":"3568081734360099","name":"何安迪","avatar":"https://static.tigerbbs.com/02c7061d02e3c72d7ce21a375ae80cb6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568081734360099","idStr":"3568081734360099"},"themes":[],"title":"美股要开启杀估值时代？！","htmlText":"上周行情相当动荡。 周一美股遭遇黑色星期一，市场分析称是受到了欧亚股市大跌的影响，最终全线收跌，道指创下自7月19日以来最大的单日跌幅。周二，市场情绪转稳，美股高开；周三，美联储按兵不动，维持基准利率不变，要放缓购债，美股三大指数周三集体反弹，杀了空头一个回马枪；周四，涨势继续；周五，道指、标普500小幅走高，市场对美联储刺激政策的前景关注仍然有增不减。 距离将到来的财报季，已经没有多少时间了，但市场却出现一种声音：美股要进入杀估值时代。 原因一：供应链 美联储鲍威尔在24日的美联储回忆上表示，从未经历如此严峻的供应链问题和如此严重的用工荒。对于美国企业而言，供应链问题将直接影响利润增长，由于全球范围的供应链短缺，使得企业无法采购零部件和大宗商品，挤压企业利润。 原因二：美债利率上升 9月FOMC议息会议后，美债收益率短期震荡后，连续拉升。 此前，由于美联储开闸放水式护盘，市场反应相当好，公司股价均维持在高位，美股估值处在较高水平。 十年期国债收益率基本就相当于无风险利率，前者上涨，就意味着无风险利率上升，首先是会削弱股市的吸引力，最关键的是，美债收益率上升，会增加企业融资成本，使得成长型公司的估值受到较大冲击，直接就是导致估值下降，也就是杀估值，即公司的基本面很好，但是股价却一直下跌。 Joule首席投资官昆特·塔特罗（Quint Tatro）表示：目前的市场行情有点像牛市陷阱，尽管美股的反弹值得注意，但是并不意味着股市已经走出困境。 高盛、摩根士丹利和花旗银行的分析师认为，未来美股的涨势面临风险，摩根士丹利则下调了美股评级至“减持” DataTrek Research认为，一旦美股开启杀估值时代，工业、非必需消费品、材料、金融将会首当其冲。 对此，你有什么看法呢？你觉得美债收益率上涨会对美股有什么影响呢？你认为美股会开启杀估值时代吗？","listText":"上周行情相当动荡。 周一美股遭遇黑色星期一，市场分析称是受到了欧亚股市大跌的影响，最终全线收跌，道指创下自7月19日以来最大的单日跌幅。周二，市场情绪转稳，美股高开；周三，美联储按兵不动，维持基准利率不变，要放缓购债，美股三大指数周三集体反弹，杀了空头一个回马枪；周四，涨势继续；周五，道指、标普500小幅走高，市场对美联储刺激政策的前景关注仍然有增不减。 距离将到来的财报季，已经没有多少时间了，但市场却出现一种声音：美股要进入杀估值时代。 原因一：供应链 美联储鲍威尔在24日的美联储回忆上表示，从未经历如此严峻的供应链问题和如此严重的用工荒。对于美国企业而言，供应链问题将直接影响利润增长，由于全球范围的供应链短缺，使得企业无法采购零部件和大宗商品，挤压企业利润。 原因二：美债利率上升 9月FOMC议息会议后，美债收益率短期震荡后，连续拉升。 此前，由于美联储开闸放水式护盘，市场反应相当好，公司股价均维持在高位，美股估值处在较高水平。 十年期国债收益率基本就相当于无风险利率，前者上涨，就意味着无风险利率上升，首先是会削弱股市的吸引力，最关键的是，美债收益率上升，会增加企业融资成本，使得成长型公司的估值受到较大冲击，直接就是导致估值下降，也就是杀估值，即公司的基本面很好，但是股价却一直下跌。 Joule首席投资官昆特·塔特罗（Quint Tatro）表示：目前的市场行情有点像牛市陷阱，尽管美股的反弹值得注意，但是并不意味着股市已经走出困境。 高盛、摩根士丹利和花旗银行的分析师认为，未来美股的涨势面临风险，摩根士丹利则下调了美股评级至“减持” DataTrek Research认为，一旦美股开启杀估值时代，工业、非必需消费品、材料、金融将会首当其冲。 对此，你有什么看法呢？你觉得美债收益率上涨会对美股有什么影响呢？你认为美股会开启杀估值时代吗？","text":"上周行情相当动荡。 周一美股遭遇黑色星期一，市场分析称是受到了欧亚股市大跌的影响，最终全线收跌，道指创下自7月19日以来最大的单日跌幅。周二，市场情绪转稳，美股高开；周三，美联储按兵不动，维持基准利率不变，要放缓购债，美股三大指数周三集体反弹，杀了空头一个回马枪；周四，涨势继续；周五，道指、标普500小幅走高，市场对美联储刺激政策的前景关注仍然有增不减。 距离将到来的财报季，已经没有多少时间了，但市场却出现一种声音：美股要进入杀估值时代。 原因一：供应链 美联储鲍威尔在24日的美联储回忆上表示，从未经历如此严峻的供应链问题和如此严重的用工荒。对于美国企业而言，供应链问题将直接影响利润增长，由于全球范围的供应链短缺，使得企业无法采购零部件和大宗商品，挤压企业利润。 原因二：美债利率上升 9月FOMC议息会议后，美债收益率短期震荡后，连续拉升。 此前，由于美联储开闸放水式护盘，市场反应相当好，公司股价均维持在高位，美股估值处在较高水平。 十年期国债收益率基本就相当于无风险利率，前者上涨，就意味着无风险利率上升，首先是会削弱股市的吸引力，最关键的是，美债收益率上升，会增加企业融资成本，使得成长型公司的估值受到较大冲击，直接就是导致估值下降，也就是杀估值，即公司的基本面很好，但是股价却一直下跌。 Joule首席投资官昆特·塔特罗（Quint Tatro）表示：目前的市场行情有点像牛市陷阱，尽管美股的反弹值得注意，但是并不意味着股市已经走出困境。 高盛、摩根士丹利和花旗银行的分析师认为，未来美股的涨势面临风险，摩根士丹利则下调了美股评级至“减持” DataTrek Research认为，一旦美股开启杀估值时代，工业、非必需消费品、材料、金融将会首当其冲。 对此，你有什么看法呢？你觉得美债收益率上涨会对美股有什么影响呢？你认为美股会开启杀估值时代吗？","images":[{"img":"https://static.tigerbbs.com/282e58f2bb0541e4176911efc5dbdb4d","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866384518","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2901,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":886227128,"gmtCreate":1631597821064,"gmtModify":1631886711268,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/886227128","repostId":"1179494633","repostType":4,"isVote":1,"tweetType":1,"viewCount":2440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886227920,"gmtCreate":1631597805960,"gmtModify":1631886711282,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886227920","repostId":"1121338781","repostType":4,"isVote":1,"tweetType":1,"viewCount":2449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890848303,"gmtCreate":1628095086402,"gmtModify":1631886711293,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890848303","repostId":"1187165636","repostType":4,"isVote":1,"tweetType":1,"viewCount":1959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804364240,"gmtCreate":1627927188980,"gmtModify":1631886711327,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Likw and comment","listText":"Likw and comment","text":"Likw and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804364240","repostId":"1121830825","repostType":4,"isVote":1,"tweetType":1,"viewCount":2426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804364640,"gmtCreate":1627927159180,"gmtModify":1631886711334,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Great nice","listText":"Great nice","text":"Great nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804364640","repostId":"2156511670","repostType":4,"isVote":1,"tweetType":1,"viewCount":2308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809191297,"gmtCreate":1627351149019,"gmtModify":1631886711347,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Like plssss","listText":"Like plssss","text":"Like plssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809191297","repostId":"2154964378","repostType":4,"isVote":1,"tweetType":1,"viewCount":2848,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174780392,"gmtCreate":1627139264116,"gmtModify":1631886711358,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Like and comment thanksss","listText":"Like and comment thanksss","text":"Like and comment thanksss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/174780392","repostId":"1151500518","repostType":4,"repost":{"id":"1151500518","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627092269,"share":"https://www.laohu8.com/m/news/1151500518?lang=zh_CN&edition=full","pubTime":"2021-07-24 10:04","market":"us","language":"en","title":"Tencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151500518","media":"Tiger Newspress","summary":"The China market supervision administration made an administrative punishment decision according to ","content":"<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p><p><blockquote>市场监督管理总局依法作出行政处罚决定，责令腾讯控股及其关联公司采取措施，恢复市场竞争状态，如30日内取消独家音乐版权、停止支付高额预付款等版权费用、无正当理由不得要求上游版权方给予优于竞争对手的条件等。腾讯控股将在三年内每年向国家市场监管总局报告义务履行情况，国家市场监管总局将依法严格监督落实。</blockquote></p><p> This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p><p><blockquote>本案是我国《反垄断法》实施以来，对违法实施经营者集中行为采取必要措施恢复市场竞争状态的第一起案件。</blockquote></p><p> Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p><p><blockquote>腾讯控股回应称，公司将认真遵守《决定》，严格执行监管要求，依法经营，切实履行社会责任，维护市场良性竞争。腾讯控股将负全责，在规定时限内与腾讯控股音乐等关联公司制定整改措施和方案，按照处罚决定书要求全面完成，确保整改到位。</blockquote></p><p></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>Tencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</blockquote></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\">\nTencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-24 10:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p><p><blockquote>市场监督管理总局依法作出行政处罚决定，责令腾讯控股及其关联公司采取措施，恢复市场竞争状态，如30日内取消独家音乐版权、停止支付高额预付款等版权费用、无正当理由不得要求上游版权方给予优于竞争对手的条件等。腾讯控股将在三年内每年向国家市场监管总局报告义务履行情况，国家市场监管总局将依法严格监督落实。</blockquote></p><p> This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p><p><blockquote>本案是我国《反垄断法》实施以来，对违法实施经营者集中行为采取必要措施恢复市场竞争状态的第一起案件。</blockquote></p><p> Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p><p><blockquote>腾讯控股回应称，公司将认真遵守《决定》，严格执行监管要求，依法经营，切实履行社会责任，维护市场良性竞争。腾讯控股将负全责，在规定时限内与腾讯控股音乐等关联公司制定整改措施和方案，按照处罚决定书要求全面完成，确保整改到位。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151500518","content_text":"The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.\nThis case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.\nTencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.","news_type":1,"symbols_score_info":{"00700":0.9,"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":1014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174780060,"gmtCreate":1627139234250,"gmtModify":1631886711370,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;","listText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;","text":"[强] [强] [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/174780060","repostId":"1181195967","repostType":4,"isVote":1,"tweetType":1,"viewCount":2170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":146657801,"gmtCreate":1626078268803,"gmtModify":1631886711381,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146657801","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":1259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123519875,"gmtCreate":1624428899897,"gmtModify":1631886711426,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Pls like and comment thank you","listText":"Pls like and comment thank you","text":"Pls like and comment thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/123519875","repostId":"1107042121","repostType":4,"isVote":1,"tweetType":1,"viewCount":804,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123534139,"gmtCreate":1624428797921,"gmtModify":1631890575678,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Like and comment thanks","listText":"Like and comment thanks","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/123534139","repostId":"1133595434","repostType":4,"repost":{"id":"1133595434","kind":"news","pubTimestamp":1624427454,"share":"https://www.laohu8.com/m/news/1133595434?lang=zh_CN&edition=full","pubTime":"2021-06-23 13:50","market":"us","language":"en","title":"Oil Climbs Above $73 With Report Pointing to Falling Stockpiles<blockquote>油价攀升至73美元以上，报告显示库存下降</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133595434","media":"Bloomberg","summary":"(Bloomberg) -- Oil rose above $73 a barrel after an industry report pointed to another decline in U.","content":"<p>(Bloomberg) -- Oil rose above $73 a barrel after an industry report pointed to another decline in U.S. crude stockpiles, adding to a bullish outlook.</p><p><blockquote>（彭博社）--在一份行业报告指出美国原油库存再次下降后，油价升至每桶73美元以上，增加了看涨的前景。</blockquote></p><p> Futures in New York climbed 0.6% after edging lower on Tuesday. The American Petroleum Institute reported crude inventories slid by 7.2 million barrels last week, according to people familiar with the data. If confirmed by government figures due later Wednesday, that would be a fifth straight weekly draw, the longest run of declines since January.</p><p><blockquote>纽约期货在周二小幅走低后上涨0.6%。据知情人士透露，美国石油协会报告上周原油库存减少720万桶。如果周三晚些时候公布的政府数据得到证实，这将是连续第五周下跌，这是自一月份以来最长的下跌。</blockquote></p><p> Key consumers including the U.S. and China have seen a strong rebound from Covid-19, boosting fuel demand and helping to drain bloated inventories built up during the pandemic. OPEC+ is scheduled to meet next week to discuss its production policy and some nations, most notably Russia, are considering a potential output increase. A possible gain in crude flows from Iran is set to be delayed, with Tehran signaling nuclear talks may extend beyond August.</p><p><blockquote>包括美国和中国在内的主要消费者从Covid-19中强劲反弹，提振了燃料需求，并有助于耗尽大流行期间积累的臃肿库存。欧佩克+定于下周召开会议讨论其生产政策，一些国家，尤其是俄罗斯，正在考虑潜在的增产。伊朗原油流量的可能增加将被推迟，德黑兰暗示核谈判可能会延长到8月以后。</blockquote></p><p> The recovery in gasoline demand across Asia remains patchy, meanwhile, offering a complex picture as improvements in nations such as India and Thailand are partially offset by deteriorations elsewhere.</p><p><blockquote>与此同时，亚洲各地汽油需求的复苏仍然参差不齐，呈现出一幅复杂的画面，因为印度和泰国等国的改善被其他地区的恶化部分抵消。</blockquote></p><p> “Prices are comfortably placed where they’re now with the supply tightness and healthy demand recovery, joined by a delayed Iranian nuke deal,” said Will Sungchil Yun, senior commodities analyst at VI Investment Corp in Seoul. “All eyes are now on the OPEC+ meeting next week.”</p><p><blockquote>首尔VI Investment Corp高级大宗商品分析师Will Sungchil Yun表示：“由于供应紧张和需求健康复苏，加上伊朗核协议推迟，价格处于目前水平。”“现在所有的目光都集中在下周的OPEC+会议上。”</blockquote></p><p> The prompt timespread for Brent was 76 cents a barrel in backwardation -- where near-dated contracted are more expensive than later-dated ones. The bullish structure eased from 85 cents on Monday.</p><p><blockquote>布伦特原油的即期价差为每桶76美分，即近期合约比近期合约更贵。看涨结构较周一的85美分有所缓解。</blockquote></p><p> Stockpiles at the key U.S. storage hub of Cushing fell last week, while fuel inventories including gasoline rose, the API said. The Energy Information Administration is forecast to report on Wednesday that nationwide crude stockpiles slid by 3.5 million barrels, according to a Bloomberg survey.</p><p><blockquote>API表示，上周美国主要储存中心库欣的库存下降，而包括汽油在内的燃料库存上升。根据彭博社的一项调查，美国能源信息署预计将于周三报告称，全国原油库存减少350万桶。</blockquote></p><p></p>","source":"lsy1612507957220","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>Oil Climbs Above $73 With Report Pointing to Falling Stockpiles<blockquote>油价攀升至73美元以上，报告显示库存下降</blockquote></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\">\nOil Climbs Above $73 With Report Pointing to Falling Stockpiles<blockquote>油价攀升至73美元以上，报告显示库存下降</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-06-23 13:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- Oil rose above $73 a barrel after an industry report pointed to another decline in U.S. crude stockpiles, adding to a bullish outlook.</p><p><blockquote>（彭博社）--在一份行业报告指出美国原油库存再次下降后，油价升至每桶73美元以上，增加了看涨的前景。</blockquote></p><p> Futures in New York climbed 0.6% after edging lower on Tuesday. The American Petroleum Institute reported crude inventories slid by 7.2 million barrels last week, according to people familiar with the data. If confirmed by government figures due later Wednesday, that would be a fifth straight weekly draw, the longest run of declines since January.</p><p><blockquote>纽约期货在周二小幅走低后上涨0.6%。据知情人士透露，美国石油协会报告上周原油库存减少720万桶。如果周三晚些时候公布的政府数据得到证实，这将是连续第五周下跌，这是自一月份以来最长的下跌。</blockquote></p><p> Key consumers including the U.S. and China have seen a strong rebound from Covid-19, boosting fuel demand and helping to drain bloated inventories built up during the pandemic. OPEC+ is scheduled to meet next week to discuss its production policy and some nations, most notably Russia, are considering a potential output increase. A possible gain in crude flows from Iran is set to be delayed, with Tehran signaling nuclear talks may extend beyond August.</p><p><blockquote>包括美国和中国在内的主要消费者从Covid-19中强劲反弹，提振了燃料需求，并有助于耗尽大流行期间积累的臃肿库存。欧佩克+定于下周召开会议讨论其生产政策，一些国家，尤其是俄罗斯，正在考虑潜在的增产。伊朗原油流量的可能增加将被推迟，德黑兰暗示核谈判可能会延长到8月以后。</blockquote></p><p> The recovery in gasoline demand across Asia remains patchy, meanwhile, offering a complex picture as improvements in nations such as India and Thailand are partially offset by deteriorations elsewhere.</p><p><blockquote>与此同时，亚洲各地汽油需求的复苏仍然参差不齐，呈现出一幅复杂的画面，因为印度和泰国等国的改善被其他地区的恶化部分抵消。</blockquote></p><p> “Prices are comfortably placed where they’re now with the supply tightness and healthy demand recovery, joined by a delayed Iranian nuke deal,” said Will Sungchil Yun, senior commodities analyst at VI Investment Corp in Seoul. “All eyes are now on the OPEC+ meeting next week.”</p><p><blockquote>首尔VI Investment Corp高级大宗商品分析师Will Sungchil Yun表示：“由于供应紧张和需求健康复苏，加上伊朗核协议推迟，价格处于目前水平。”“现在所有的目光都集中在下周的OPEC+会议上。”</blockquote></p><p> The prompt timespread for Brent was 76 cents a barrel in backwardation -- where near-dated contracted are more expensive than later-dated ones. The bullish structure eased from 85 cents on Monday.</p><p><blockquote>布伦特原油的即期价差为每桶76美分，即近期合约比近期合约更贵。看涨结构较周一的85美分有所缓解。</blockquote></p><p> Stockpiles at the key U.S. storage hub of Cushing fell last week, while fuel inventories including gasoline rose, the API said. The Energy Information Administration is forecast to report on Wednesday that nationwide crude stockpiles slid by 3.5 million barrels, according to a Bloomberg survey.</p><p><blockquote>API表示，上周美国主要储存中心库欣的库存下降，而包括汽油在内的燃料库存上升。根据彭博社的一项调查，美国能源信息署预计将于周三报告称，全国原油库存减少350万桶。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/oil-steadies-near-73-report-233710595.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/oil-steadies-near-73-report-233710595.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133595434","content_text":"(Bloomberg) -- Oil rose above $73 a barrel after an industry report pointed to another decline in U.S. crude stockpiles, adding to a bullish outlook.\nFutures in New York climbed 0.6% after edging lower on Tuesday. The American Petroleum Institute reported crude inventories slid by 7.2 million barrels last week, according to people familiar with the data. If confirmed by government figures due later Wednesday, that would be a fifth straight weekly draw, the longest run of declines since January.\nKey consumers including the U.S. and China have seen a strong rebound from Covid-19, boosting fuel demand and helping to drain bloated inventories built up during the pandemic. OPEC+ is scheduled to meet next week to discuss its production policy and some nations, most notably Russia, are considering a potential output increase. A possible gain in crude flows from Iran is set to be delayed, with Tehran signaling nuclear talks may extend beyond August.\nThe recovery in gasoline demand across Asia remains patchy, meanwhile, offering a complex picture as improvements in nations such as India and Thailand are partially offset by deteriorations elsewhere.\n“Prices are comfortably placed where they’re now with the supply tightness and healthy demand recovery, joined by a delayed Iranian nuke deal,” said Will Sungchil Yun, senior commodities analyst at VI Investment Corp in Seoul. “All eyes are now on the OPEC+ meeting next week.”\nThe prompt timespread for Brent was 76 cents a barrel in backwardation -- where near-dated contracted are more expensive than later-dated ones. The bullish structure eased from 85 cents on Monday.\nStockpiles at the key U.S. storage hub of Cushing fell last week, while fuel inventories including gasoline rose, the API said. The Energy Information Administration is forecast to report on Wednesday that nationwide crude stockpiles slid by 3.5 million barrels, according to a Bloomberg survey.","news_type":1,"symbols_score_info":{"CLmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123535674,"gmtCreate":1624428780798,"gmtModify":1631890575681,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Like and comment thanks","listText":"Like and comment thanks","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/123535674","repostId":"1142290554","repostType":4,"repost":{"id":"1142290554","kind":"news","pubTimestamp":1624427981,"share":"https://www.laohu8.com/m/news/1142290554?lang=zh_CN&edition=full","pubTime":"2021-06-23 13:59","market":"us","language":"en","title":"51job.com agrees to US$5.7 billion privatisation deal, latest US-listed Chinese firm to go private<blockquote>前程无忧同意57亿美元私有化交易，最新一家在美上市的中国公司私有化</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142290554","media":"finance.yahoo","summary":"Chinese human resources and job search provider 51job.com has agreed to be taken private in a deal t","content":"<p>Chinese human resources and job search provider 51job.com has agreed to be taken private in a deal that valued it at about US$5.7 billion, making it the latest US-listed Chinese firm to dump the public markets in favour of private ownership.</p><p><blockquote>中国人力资源和求职提供商51job.com已同意在一笔估值约57亿美元的交易中被私有化，使其成为最新一家放弃公开市场、转而支持私人所有权的美国上市公司。</blockquote></p><p> The transaction followed a nine-month engagement with Beijing private-equity firm DCP Capital, which was first revealed in September. The company, which went public in the US in 2004, formed a special committee of independent directors to consider the proposal and other strategic alternatives at the time.</p><p><blockquote>该交易是在与北京私募股权公司DCP Capital进行了为期九个月的接触之后进行的，该接触于9月份首次披露。该公司于2004年在美国上市，当时成立了一个由独立董事组成的特别委员会来考虑该提案和其他战略替代方案。</blockquote></p><p> In May, 51job.com said it received anupdated takeover proposalfrom a consortium that included DCP and buyout firm Ocean Link Partners, as well as its CEO Rick Yan. Its largest shareholder, Recruit Holdings, has since joined the consortium.</p><p><blockquote>今年 5 月，前程无忧表示已收到一个财团的最新收购要约，该财团包括 DCP 和收购公司 Ocean Link Partners 及其首席执行官 Rick Yan。其最大股东 Recruit Holdings 现已加入该财团。</blockquote></p><p> Do you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.</p><p><blockquote>你对世界各地最大的话题和趋势有疑问吗？通过SCMP Knowledge获得答案，SCMP Knowledge是我们屡获殊荣的团队为您带来的策划内容的新平台，包含解释、常见问题解答、分析和信息图表。</blockquote></p><p> Thetake-private transactioncame after the job search website saw its share price decline by more than half from its all-time closing high of US$113.06 in June 2018 to a two-year low in March of last year before rebounding somewhat. The company's shares jumped nearly 25 per cent since it announced the updated privatisation proposal in May.</p><p><blockquote>此次私有化交易是在这家求职网站的股价从 2018 年 6 月 113.06 美元的历史收盘高点下跌一半以上至去年 3 月的两年低点，然后有所反弹之后进行的。自 5 月份宣布更新后的私有化提案以来，该公司股价上涨了近 25%。</blockquote></p><p> Offered to investors at US$79.05 in cash per American depositary share, the deal represents a 28.89 per cent premium to its closing price on May 3, the day it announced it had received an updated, non-binding proposal to go private. The transaction is expected to close in the second half of 2021.</p><p><blockquote>该交易以每股美国存托股 79.05 美元现金的价格向投资者提出，比 5 月 3 日的收盘价溢价 28.89%，当天该公司宣布已收到更新的、不具约束力的私有化提案。该交易预计将于2021年下半年完成。</blockquote></p><p> When compared with US-listed competitors, the daily trading volume of 51job.com has averaged just about half that of Manpower Group, the staffing and recruitment firm headquartered in Wisconsin with a global presence. Over the past 12 months, an average of 231,787 shares changed hands a day, or about just 0.3 per cent of the firm's total number of common shares outstanding, data from Nasdaq and 51job.com's filing shows.</p><p><blockquote>与在美国上市的竞争对手相比，51job.com 的日均交易量仅为万宝盛华集团的一半左右，万宝盛华集团是一家总部位于威斯康星州、业务遍及全球的人力资源和招聘公司。纳斯达克和 51job.com 的文件显示，过去 12 个月，平均每天有 231,787 股股票易手，仅占该公司已发行普通股总数的 0.3%。</blockquote></p><p> Companies with low trading volumes generally make a case that minority shareholders would be better off exiting at a premium through the privatisation offer rather than trying to cash out in the stock market.</p><p><blockquote>交易量较低的公司通常认为，少数股东最好通过私有化要约溢价退出，而不是试图在股票市场套现。</blockquote></p><p> A representative for 51job.com did not respond to a request for comment on Tuesday.</p><p><blockquote>51job.com 的代表周二没有回应置评请求。</blockquote></p><p> Since the beginning of last year, 20 Chinese companies agreed to privatisation deals worth US$20.5 billion, the largest number of such transactions since two dozen US-listed Chinese companies went private in 2015, according to data provider Refinitiv.</p><p><blockquote>数据提供商路孚特（Refinitiv）的数据显示，自去年年初以来，已有20家中国公司同意进行价值205亿美元的私有化交易，这是自2015年24家在美上市的中国公司私有化以来此类交易数量最多的一次。</blockquote></p><p> Online classified advertisements website58.com;Sina Corporation, the operator of social media platformWeibo; andRuhnn Holding, which uses \"key opinion leaders\", or online influencers, to market brands in China, are among the companies that have decided to go private in transactions with private equity firms or their founders since June of last year.</p><p><blockquote>在线分类广告网站58.com；社交媒体平台微博的运营商新浪公司；andRuhnn Holding利用“关键意见领袖”或网络影响者在中国营销品牌，是自去年6月以来决定在与私募股权公司或其创始人的交易中私有化的公司之一。</blockquote></p><p> The rush by some Chinese companies to consider privatisation comes against the backdrop ofheightened US-China tensionsand threats of potential delistings of firms over potential ties to the Chinese military and along-running accounting disputebetween Washington and Beijing weighing on valuations.</p><p><blockquote>一些中国公司急于考虑私有化的背景是，中美紧张局势加剧，一些公司因与中国军方的潜在联系而面临可能退市的威胁，以及华盛顿和北京之间持续的会计纠纷打压了估值。</blockquote></p><p> It also follows a trying 18 months for the global economy with thecoronavirus pandemicforcing local lockdowns and changing consumer and business behaviours.</p><p><blockquote>在此之前，全球经济经历了艰难的 18 个月，冠状病毒大流行迫使当地封锁并改变消费者和商业行为。</blockquote></p><p> Another reason is low valuations.</p><p><blockquote>另一个原因是估值低。</blockquote></p><p> \"It's usually a valuation question,\" said Marcia Ellis, global chair of private equity group at law firm Morrison &amp; Foerster. \"A lot of the China-related companies that are listed in the US suffer a sort of China discount, for various reasons. I think a lot of these people think if their company were listed in Hong Kong or in China they would have a much higher valuation.\"</p><p><blockquote>“这通常是一个估值问题，”Morrison &amp; Foerster 律师事务所私募股权集团全球主席玛西娅·埃利斯 (Marcia Ellis) 表示。“由于各种原因，许多在美国上市的中国相关公司都遭受了某种中国折扣。我认为这些人中有很多人认为，如果他们的公司在香港或中国上市，他们的估值会高得多。”</blockquote></p><p> The privatisation push also comes as private equity firms are seeking to deploy more money in Asia.</p><p><blockquote>私有化的推动也正值私募股权公司寻求在亚洲投入更多资金之际。</blockquote></p><p> Asia-Pacific based private equity firms, such as DCP, were sitting on a record US$446 billion in dry powder as of April and the industry's assets under management is expected to top US$6 trillion by 2025, according to data provider Preqin.</p><p><blockquote>数据提供商 Preqin 的数据显示，截至 4 月份，DCP 等亚太地区私募股权公司拥有创纪录的 4460 亿美元干粉，预计到 2025 年，该行业管理的资产将超过 6 万亿美元。</blockquote></p><p> \"Asia-Pacific has been an engine driving global growth for more than a decade now and is in the middle of a historic transformation,\" Mark O'Hare, Preqin's founder and CEO, said. \"Investor demand to access this fast-growing and diverse region remains robust, while structural challenges to deploy capital are easing.\"</p><p><blockquote>Preqin 创始人兼首席执行官马克·奥黑尔 (Mark O'Hare) 表示：“十多年来，亚太地区一直是推动全球增长的引擎，并且正处于历史性转型之中。”“投资者对进入这个快速增长且多元化的地区的需求仍然强劲，而部署资本的结构性挑战正在缓解。”</blockquote></p><p> However, the US capital market - and its vast investor base - remains appealing to many Chinese firms seeking a higher profile globally or necessary cash to expand.</p><p><blockquote>然而，美国资本市场——及其庞大的投资者基础——对许多寻求更高的全球知名度或扩张所需现金的中国企业仍然具有吸引力。</blockquote></p><p></p><p> Didi Chuxing, China's biggest ride-hailing platform;Full Truck Alliance, a Chinese service similar to Uber Technologies for freight shipping; andChinese online grocery platforms, Missfresh and Dingdong Maicai, are among a slew of Chinese technology pursuing US initial public offerings.</p><p><blockquote>滴滴出行，中国最大的打车平台；Full Truck Alliance，一项类似于优步货运技术的中国服务；中国在线杂货平台每日优鲜和叮咚买菜等众多寻求美国首次公开募股的中国科技公司之一。</blockquote></p><p> For some companies, the calculus may come down to shrinking stock prices, low trading volumes and the potential from a more receptive audience with a later listing closer to home.</p><p><blockquote>对于一些公司来说，计算可能归结为股价下跌、交易量低以及更容易接受的受众在离家更近的地方上市的可能性。</blockquote></p><p></p>","source":"lsy1612507957220","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>51job.com agrees to US$5.7 billion privatisation deal, latest US-listed Chinese firm to go private<blockquote>前程无忧同意57亿美元私有化交易，最新一家在美上市的中国公司私有化</blockquote></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\">\n51job.com agrees to US$5.7 billion privatisation deal, latest US-listed Chinese firm to go private<blockquote>前程无忧同意57亿美元私有化交易，最新一家在美上市的中国公司私有化</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">finance.yahoo</strong><span class=\"h-time small\">2021-06-23 13:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Chinese human resources and job search provider 51job.com has agreed to be taken private in a deal that valued it at about US$5.7 billion, making it the latest US-listed Chinese firm to dump the public markets in favour of private ownership.</p><p><blockquote>中国人力资源和求职提供商51job.com已同意在一笔估值约57亿美元的交易中被私有化，使其成为最新一家放弃公开市场、转而支持私人所有权的美国上市公司。</blockquote></p><p> The transaction followed a nine-month engagement with Beijing private-equity firm DCP Capital, which was first revealed in September. The company, which went public in the US in 2004, formed a special committee of independent directors to consider the proposal and other strategic alternatives at the time.</p><p><blockquote>该交易是在与北京私募股权公司DCP Capital进行了为期九个月的接触之后进行的，该接触于9月份首次披露。该公司于2004年在美国上市，当时成立了一个由独立董事组成的特别委员会来考虑该提案和其他战略替代方案。</blockquote></p><p> In May, 51job.com said it received anupdated takeover proposalfrom a consortium that included DCP and buyout firm Ocean Link Partners, as well as its CEO Rick Yan. Its largest shareholder, Recruit Holdings, has since joined the consortium.</p><p><blockquote>今年 5 月，前程无忧表示已收到一个财团的最新收购要约，该财团包括 DCP 和收购公司 Ocean Link Partners 及其首席执行官 Rick Yan。其最大股东 Recruit Holdings 现已加入该财团。</blockquote></p><p> Do you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.</p><p><blockquote>你对世界各地最大的话题和趋势有疑问吗？通过SCMP Knowledge获得答案，SCMP Knowledge是我们屡获殊荣的团队为您带来的策划内容的新平台，包含解释、常见问题解答、分析和信息图表。</blockquote></p><p> Thetake-private transactioncame after the job search website saw its share price decline by more than half from its all-time closing high of US$113.06 in June 2018 to a two-year low in March of last year before rebounding somewhat. The company's shares jumped nearly 25 per cent since it announced the updated privatisation proposal in May.</p><p><blockquote>此次私有化交易是在这家求职网站的股价从 2018 年 6 月 113.06 美元的历史收盘高点下跌一半以上至去年 3 月的两年低点，然后有所反弹之后进行的。自 5 月份宣布更新后的私有化提案以来，该公司股价上涨了近 25%。</blockquote></p><p> Offered to investors at US$79.05 in cash per American depositary share, the deal represents a 28.89 per cent premium to its closing price on May 3, the day it announced it had received an updated, non-binding proposal to go private. The transaction is expected to close in the second half of 2021.</p><p><blockquote>该交易以每股美国存托股 79.05 美元现金的价格向投资者提出，比 5 月 3 日的收盘价溢价 28.89%，当天该公司宣布已收到更新的、不具约束力的私有化提案。该交易预计将于2021年下半年完成。</blockquote></p><p> When compared with US-listed competitors, the daily trading volume of 51job.com has averaged just about half that of Manpower Group, the staffing and recruitment firm headquartered in Wisconsin with a global presence. Over the past 12 months, an average of 231,787 shares changed hands a day, or about just 0.3 per cent of the firm's total number of common shares outstanding, data from Nasdaq and 51job.com's filing shows.</p><p><blockquote>与在美国上市的竞争对手相比，51job.com 的日均交易量仅为万宝盛华集团的一半左右，万宝盛华集团是一家总部位于威斯康星州、业务遍及全球的人力资源和招聘公司。纳斯达克和 51job.com 的文件显示，过去 12 个月，平均每天有 231,787 股股票易手，仅占该公司已发行普通股总数的 0.3%。</blockquote></p><p> Companies with low trading volumes generally make a case that minority shareholders would be better off exiting at a premium through the privatisation offer rather than trying to cash out in the stock market.</p><p><blockquote>交易量较低的公司通常认为，少数股东最好通过私有化要约溢价退出，而不是试图在股票市场套现。</blockquote></p><p> A representative for 51job.com did not respond to a request for comment on Tuesday.</p><p><blockquote>51job.com 的代表周二没有回应置评请求。</blockquote></p><p> Since the beginning of last year, 20 Chinese companies agreed to privatisation deals worth US$20.5 billion, the largest number of such transactions since two dozen US-listed Chinese companies went private in 2015, according to data provider Refinitiv.</p><p><blockquote>数据提供商路孚特（Refinitiv）的数据显示，自去年年初以来，已有20家中国公司同意进行价值205亿美元的私有化交易，这是自2015年24家在美上市的中国公司私有化以来此类交易数量最多的一次。</blockquote></p><p> Online classified advertisements website58.com;Sina Corporation, the operator of social media platformWeibo; andRuhnn Holding, which uses \"key opinion leaders\", or online influencers, to market brands in China, are among the companies that have decided to go private in transactions with private equity firms or their founders since June of last year.</p><p><blockquote>在线分类广告网站58.com；社交媒体平台微博的运营商新浪公司；andRuhnn Holding利用“关键意见领袖”或网络影响者在中国营销品牌，是自去年6月以来决定在与私募股权公司或其创始人的交易中私有化的公司之一。</blockquote></p><p> The rush by some Chinese companies to consider privatisation comes against the backdrop ofheightened US-China tensionsand threats of potential delistings of firms over potential ties to the Chinese military and along-running accounting disputebetween Washington and Beijing weighing on valuations.</p><p><blockquote>一些中国公司急于考虑私有化的背景是，中美紧张局势加剧，一些公司因与中国军方的潜在联系而面临可能退市的威胁，以及华盛顿和北京之间持续的会计纠纷打压了估值。</blockquote></p><p> It also follows a trying 18 months for the global economy with thecoronavirus pandemicforcing local lockdowns and changing consumer and business behaviours.</p><p><blockquote>在此之前，全球经济经历了艰难的 18 个月，冠状病毒大流行迫使当地封锁并改变消费者和商业行为。</blockquote></p><p> Another reason is low valuations.</p><p><blockquote>另一个原因是估值低。</blockquote></p><p> \"It's usually a valuation question,\" said Marcia Ellis, global chair of private equity group at law firm Morrison &amp; Foerster. \"A lot of the China-related companies that are listed in the US suffer a sort of China discount, for various reasons. I think a lot of these people think if their company were listed in Hong Kong or in China they would have a much higher valuation.\"</p><p><blockquote>“这通常是一个估值问题，”Morrison &amp; Foerster 律师事务所私募股权集团全球主席玛西娅·埃利斯 (Marcia Ellis) 表示。“由于各种原因，许多在美国上市的中国相关公司都遭受了某种中国折扣。我认为这些人中有很多人认为，如果他们的公司在香港或中国上市，他们的估值会高得多。”</blockquote></p><p> The privatisation push also comes as private equity firms are seeking to deploy more money in Asia.</p><p><blockquote>私有化的推动也正值私募股权公司寻求在亚洲投入更多资金之际。</blockquote></p><p> Asia-Pacific based private equity firms, such as DCP, were sitting on a record US$446 billion in dry powder as of April and the industry's assets under management is expected to top US$6 trillion by 2025, according to data provider Preqin.</p><p><blockquote>数据提供商 Preqin 的数据显示，截至 4 月份，DCP 等亚太地区私募股权公司拥有创纪录的 4460 亿美元干粉，预计到 2025 年，该行业管理的资产将超过 6 万亿美元。</blockquote></p><p> \"Asia-Pacific has been an engine driving global growth for more than a decade now and is in the middle of a historic transformation,\" Mark O'Hare, Preqin's founder and CEO, said. \"Investor demand to access this fast-growing and diverse region remains robust, while structural challenges to deploy capital are easing.\"</p><p><blockquote>Preqin 创始人兼首席执行官马克·奥黑尔 (Mark O'Hare) 表示：“十多年来，亚太地区一直是推动全球增长的引擎，并且正处于历史性转型之中。”“投资者对进入这个快速增长且多元化的地区的需求仍然强劲，而部署资本的结构性挑战正在缓解。”</blockquote></p><p> However, the US capital market - and its vast investor base - remains appealing to many Chinese firms seeking a higher profile globally or necessary cash to expand.</p><p><blockquote>然而，美国资本市场——及其庞大的投资者基础——对许多寻求更高的全球知名度或扩张所需现金的中国企业仍然具有吸引力。</blockquote></p><p></p><p> Didi Chuxing, China's biggest ride-hailing platform;Full Truck Alliance, a Chinese service similar to Uber Technologies for freight shipping; andChinese online grocery platforms, Missfresh and Dingdong Maicai, are among a slew of Chinese technology pursuing US initial public offerings.</p><p><blockquote>滴滴出行，中国最大的打车平台；Full Truck Alliance，一项类似于优步货运技术的中国服务；中国在线杂货平台每日优鲜和叮咚买菜等众多寻求美国首次公开募股的中国科技公司之一。</blockquote></p><p> For some companies, the calculus may come down to shrinking stock prices, low trading volumes and the potential from a more receptive audience with a later listing closer to home.</p><p><blockquote>对于一些公司来说，计算可能归结为股价下跌、交易量低以及更容易接受的受众在离家更近的地方上市的可能性。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/51job-com-agrees-us-5-093000771.html\">finance.yahoo</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JOBS":"前程无忧"},"source_url":"https://finance.yahoo.com/news/51job-com-agrees-us-5-093000771.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142290554","content_text":"Chinese human resources and job search provider 51job.com has agreed to be taken private in a deal that valued it at about US$5.7 billion, making it the latest US-listed Chinese firm to dump the public markets in favour of private ownership.\nThe transaction followed a nine-month engagement with Beijing private-equity firm DCP Capital, which was first revealed in September. The company, which went public in the US in 2004, formed a special committee of independent directors to consider the proposal and other strategic alternatives at the time.\nIn May, 51job.com said it received anupdated takeover proposalfrom a consortium that included DCP and buyout firm Ocean Link Partners, as well as its CEO Rick Yan. Its largest shareholder, Recruit Holdings, has since joined the consortium.\nDo you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nThetake-private transactioncame after the job search website saw its share price decline by more than half from its all-time closing high of US$113.06 in June 2018 to a two-year low in March of last year before rebounding somewhat. The company's shares jumped nearly 25 per cent since it announced the updated privatisation proposal in May.\nOffered to investors at US$79.05 in cash per American depositary share, the deal represents a 28.89 per cent premium to its closing price on May 3, the day it announced it had received an updated, non-binding proposal to go private. The transaction is expected to close in the second half of 2021.\nWhen compared with US-listed competitors, the daily trading volume of 51job.com has averaged just about half that of Manpower Group, the staffing and recruitment firm headquartered in Wisconsin with a global presence. Over the past 12 months, an average of 231,787 shares changed hands a day, or about just 0.3 per cent of the firm's total number of common shares outstanding, data from Nasdaq and 51job.com's filing shows.\nCompanies with low trading volumes generally make a case that minority shareholders would be better off exiting at a premium through the privatisation offer rather than trying to cash out in the stock market.\nA representative for 51job.com did not respond to a request for comment on Tuesday.\nSince the beginning of last year, 20 Chinese companies agreed to privatisation deals worth US$20.5 billion, the largest number of such transactions since two dozen US-listed Chinese companies went private in 2015, according to data provider Refinitiv.\nOnline classified advertisements website58.com;Sina Corporation, the operator of social media platformWeibo; andRuhnn Holding, which uses \"key opinion leaders\", or online influencers, to market brands in China, are among the companies that have decided to go private in transactions with private equity firms or their founders since June of last year.\nThe rush by some Chinese companies to consider privatisation comes against the backdrop ofheightened US-China tensionsand threats of potential delistings of firms over potential ties to the Chinese military and along-running accounting disputebetween Washington and Beijing weighing on valuations.\nIt also follows a trying 18 months for the global economy with thecoronavirus pandemicforcing local lockdowns and changing consumer and business behaviours.\nAnother reason is low valuations.\n\"It's usually a valuation question,\" said Marcia Ellis, global chair of private equity group at law firm Morrison & Foerster. \"A lot of the China-related companies that are listed in the US suffer a sort of China discount, for various reasons. I think a lot of these people think if their company were listed in Hong Kong or in China they would have a much higher valuation.\"\nThe privatisation push also comes as private equity firms are seeking to deploy more money in Asia.\nAsia-Pacific based private equity firms, such as DCP, were sitting on a record US$446 billion in dry powder as of April and the industry's assets under management is expected to top US$6 trillion by 2025, according to data provider Preqin.\n\"Asia-Pacific has been an engine driving global growth for more than a decade now and is in the middle of a historic transformation,\" Mark O'Hare, Preqin's founder and CEO, said. \"Investor demand to access this fast-growing and diverse region remains robust, while structural challenges to deploy capital are easing.\"\nHowever, the US capital market - and its vast investor base - remains appealing to many Chinese firms seeking a higher profile globally or necessary cash to expand.\nDidi Chuxing, China's biggest ride-hailing platform;Full Truck Alliance, a Chinese service similar to Uber Technologies for freight shipping; andChinese online grocery platforms, Missfresh and Dingdong Maicai, are among a slew of Chinese technology pursuing US initial public offerings.\nFor some companies, the calculus may come down to shrinking stock prices, low trading volumes and the potential from a more receptive audience with a later listing closer to home.","news_type":1,"symbols_score_info":{"JOBS":0.9}},"isVote":1,"tweetType":1,"viewCount":671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120418713,"gmtCreate":1624331707532,"gmtModify":1631890575683,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120418713","repostId":"1191349655","repostType":4,"isVote":1,"tweetType":1,"viewCount":764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120364082,"gmtCreate":1624301728546,"gmtModify":1631890575688,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/120364082","repostId":"2145084835","repostType":4,"isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120365663,"gmtCreate":1624301655352,"gmtModify":1631890575689,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120365663","repostId":"1146982088","repostType":4,"repost":{"id":"1146982088","kind":"news","pubTimestamp":1624259620,"share":"https://www.laohu8.com/m/news/1146982088?lang=zh_CN&edition=full","pubTime":"2021-06-21 15:13","market":"us","language":"en","title":"Powell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis<blockquote>鲍威尔刚刚发射了2万亿美元的“热寻导弹”：Zoltan解释美联储如何开启下一次回购危机</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146982088","media":"zerohedge","summary":"Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpect","content":"<p>Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.</p><p><blockquote>上周，在市场对美联储意外鹰派转向的震惊反应中，我们注意到有两个切实但不太引人注目的变化：美联储调整了两个关键的“管理”利率，将IOER和RRP利率都提高了5个基点（正如美国银行、摩根大通、莱特森、德意志银行和富国银行正确预测的那样，而花旗、牛津经济研究院、杰富瑞、瑞士信贷、渣打银行、蒙特利尔银行错误地预测利率不会变化），以推动有效联邦基金利率走高，远离即将到来的0%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/31e3c93e7ae558cd9f2fdb7e4a2769f1\" tg-width=\"500\" tg-height=\"377\">What does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP&nbsp; facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.</p><p><blockquote>这是什么意思？正如Curvature Securities回购专家Scott Skyrm上周写道，“显然，美联储打算将隔夜利率提高到零以上，并耗尽RRP工具的现金。”不幸的是，最终结果将与美联储想要达到的目标完全相反。</blockquote></p><p> But what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.</p><p><blockquote>但这对于隔夜利率和建议零售价交易量到底意味着什么？正如Skyrm进一步指出的那样，IOER的上升应该会将每日联邦基金利率拉高5个基点，进而给回购GC带来上行压力。结合RRP增加5个基点，GC应该会大幅上涨5个基点，事实也确实如此。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e8b99df7af1731b4bdcbcf072dcf39ce\" tg-width=\"500\" tg-height=\"272\">The problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:</p><p><blockquote>正如Skyrm警告的那样，问题在于美联储的技术调整无助于缓解建议零售额：</blockquote></p><p>   When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP.  Bottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"<i>the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"</i></p><p><blockquote>当市场回购利率为0%且RRP利率为零时，约5000亿美元进入RRP。好吧，如果市场回购利率和RRP利率都高出5个基点，就没有理由从RRP中提取现金。例如，如果GC利率升至0.05%，而RRP利率保持在零，投资者以更高利率投资的偏好将从RRP中移除现金。底线：由于市场利率和建议零售价均为0.05%，现金投资者确实没有经济动机将现金转移到回购市场。或者，正如我们总结的那样，“<i>美联储的利率变化可能对美联储的逆回购工具或创纪录的5000亿现金产生零影响。”</i></blockquote></p><p> In retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.</p><p><blockquote>回想起来，这是一种轻描淡写的说法，因为仅仅一天后，美联储逆回购工具的使用量就飙升了创纪录的50%，随着GSE的出现，飙升至惊人的7560亿美元（周五收盘价为7470亿美元）。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0fba18d7808300abc3bdf4ffaa3d5fb6\" tg-width=\"500\" tg-height=\"273\">Needless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"<b>the re-priced RRP facility will become a problem for the banking system fast:</b><b><u>the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market</u></b><b>).\"</b></p><p><blockquote>不用说，淹没美联储的建议零售价工具和冲销准备金几乎不是美联储的本意，正如瑞士信贷自己的回购专家（前纽约联储工作人员）Zoltan Pozsar在他的事后分析中所写的那样，“<b>重新定价的建议零售价融资将很快成为银行系统的一个问题：</b><b><u>银行体系正在从资产约束（存款大量涌入，但除了美联储之外无处可贷）转变为负债约束（存款不断流失，除了货币市场之外无处可替代）</u></b><b>).\"</b></blockquote></p><p> What he means by that is that whereas previously the RRP rate of 0.00% did not<i>reward</i>allocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.</p><p><blockquote>他的意思是，以前0.00%的RRP利率没有<i>奖励</i>分配惰性的超额准备金，但只是提供了一个存放它们的地方，现在美联储提供的收益率与数万亿票据提供的利率相比大幅上升，我们即将看到隔夜货币市场发生翻天覆地的变化，数万亿资本从传统投资重新分配到美联储的建议零售价。</blockquote></p><p> In other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fed<i><b>also</b></i>made a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “<b>yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"</b></p><p><blockquote>换句话说，正如Pozsar所说，“RRP设施开始对储备进行消毒……还会有更多储备。”而正如德意志银行向Pozsar解释为什么美联储的信号是一个r*政策错误一样，美联储<i><b>也</b></i>犯了一个政策错误——只是这次是技术利率——冲销准备金，因为“当严格来说没有必要提高RRP设施的利率时，提高RRP设施的利率是一回事，而将其提高到‘过高’是另一回事——正如一位货币基金经理所说，”<b>昨天，我们一年甚至拿不到一个基点；以五个基点从最值得信赖的交易对手那里获得无尽的票据是梦想成真。”</b></blockquote></p><p> He's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),<b>5bps is too generous</b>, according to Pozsar who warns that the new reverse repo rate<b>will upset the state of \"singularity\"</b>and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –<b>at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"</b></p><p><blockquote>他是对的：虽然许多人可能认为0个基点太低，但目前这很难说是灾难性的（瑞士信贷是预测不会有管理加息的机构之一），<b>5bps太慷慨了</b>Pozsar警告说，新的逆回购利率<b>将颠覆“奇点”状态</b>“就像热寻的导弹一样，货币市场投资者转移了数千亿美元，急转弯90度，在零边界寻找哪怕一个基点的收益率——<b>在5个基点的利率下，货币基金有动力出售所有国库券并将现金存放在RRP设施中。”</b></blockquote></p><p></p><p> Indeed, as shown below, bills yield less than 5 bps out to 6 months,<b>and money funds have over $2 trillion of bills.</b>They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.<b>So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.</b></p><p><blockquote>事实上，如下图所示，6个月的票据收益率不到5个基点，<b>货币基金拥有超过2万亿美元的票据。</b>他们有卖出的动机，而其他人有买入的动机：那些存款一直被银行“容忍”到目前为止赚取零利息的机构有动力获得票据曲线提供的0-5个基点的区间。将现金以一个基点存入票据比零存款要好。<b>因此，准备金冲销开始了，因此o/n RRP工具从一个为大型银行一直在推走的存款提供利率下限的基本上被动的工具，变成了一个“吸走”银行决定保留的存款的主动工具。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf593f7b1d2d665f39384ed6a998d3bf\" tg-width=\"500\" tg-height=\"403\">To help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves with<i><b>too few</b></i>intraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.</p><p><blockquote>为了帮助读者直观地了解正在发生的事情，瑞士信贷策略师建议进行以下“极端”的思想实验：目前银行的大部分“Covid-19”存款都进入了利率更好的票据市场。货币基金向目前将现金存放在银行的机构投资者出售票据，货币基金将票据交换为o/N RRP。（有点）简单地说，虽然美联储以前为银行提供了一个方便的存放准备金的地方，但现在它将积极耗尽准备金，以至于我们可能最终会陷入另一场2019年式的回购危机，因为大多数金融机构突然发现自己与<i><b>太少</b></i>日内储备，迫使它们使用美联储的其他融资工具（如外汇掉期额度）来保持持续的偿付能力。</blockquote></p><p> This process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.</p><p><blockquote>这个过程不是一蹴而就的。需要几周时间才能观察到美联储准备金冲销的影响。</blockquote></p><p> And here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,<b>some bond-heavy banks cannot.</b>As a result, Zoltan predicts that next \"we will notice that some banks (those who can<i><b>not</b></i>handle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"</p><p><blockquote>这就是为什么这个问题与2019年的回购危机类似：很快我们就会发现，虽然现金充裕的银行可以应对资金外流，<b>一些债券密集型银行则不能。</b>因此，Zoltan预测，接下来“我们将注意到一些银行（那些能够<i><b>不</b></i>处理资金外流）正在从FHLB借入预付款，现金充裕的银行停止在外汇掉期市场放贷，因为RRP工具从它们那里抽走了准备金，美联储不得不重新启动外汇掉期额度来抵消。”</blockquote></p><p> Bottom line:<i><b>whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.</b></i></p><p><blockquote>底线：<i><b>尽管之前我们看到Libor-OIS崩溃，但这一关键资金利差将不得不从这里扩大，除非美联储再次将o/n RRP利率降低到以前的水平。</b></i></blockquote></p><p> Or, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,<b>in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"</b>While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,<b>the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.</b></p><p><blockquote>或者，正如Zoltan总结的那样，“要么是数量，要么是价格”——事实上，<b>2019年，美联储选择了价格而不是数量，这适得其反，并导致了回购危机，结束了美联储的加息周期，并开始了“非量化宽松”。</b>虽然美联储在2月份进行了自我救赎，但上周三，它在没有使其负债受到限制的情况下扩大了建议零售价的使用范围，因为它选择了数量而不是价格——这一点效果很好——<b>美联储将“无限”的数量变成了“免费的钱”，并开始冲销储备。</b></blockquote></p><p> Bottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"</p><p><blockquote>底线：“我们正在目睹最后手段交易商（DoLR）学习交易艺术，犯非受迫性错误——如果美联储通过定价过高的o/n RRP工具进行冲销，它必须准备好通过掉期增加流动性线……”</blockquote></p><p> Translation:&nbsp;<b>by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.</b></p><p><blockquote>翻译：<b>通过支付数万亿美元的准备金5个基点，美联储刚刚播下了下一场流动性危机的种子。</b></blockquote></p><p></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>Powell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis<blockquote>鲍威尔刚刚发射了2万亿美元的“热寻导弹”：Zoltan解释美联储如何开启下一次回购危机</blockquote></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\">\nPowell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis<blockquote>鲍威尔刚刚发射了2万亿美元的“热寻导弹”：Zoltan解释美联储如何开启下一次回购危机</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-21 15:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.</p><p><blockquote>上周，在市场对美联储意外鹰派转向的震惊反应中，我们注意到有两个切实但不太引人注目的变化：美联储调整了两个关键的“管理”利率，将IOER和RRP利率都提高了5个基点（正如美国银行、摩根大通、莱特森、德意志银行和富国银行正确预测的那样，而花旗、牛津经济研究院、杰富瑞、瑞士信贷、渣打银行、蒙特利尔银行错误地预测利率不会变化），以推动有效联邦基金利率走高，远离即将到来的0%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/31e3c93e7ae558cd9f2fdb7e4a2769f1\" tg-width=\"500\" tg-height=\"377\">What does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP&nbsp; facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.</p><p><blockquote>这是什么意思？正如Curvature Securities回购专家Scott Skyrm上周写道，“显然，美联储打算将隔夜利率提高到零以上，并耗尽RRP工具的现金。”不幸的是，最终结果将与美联储想要达到的目标完全相反。</blockquote></p><p> But what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.</p><p><blockquote>但这对于隔夜利率和建议零售价交易量到底意味着什么？正如Skyrm进一步指出的那样，IOER的上升应该会将每日联邦基金利率拉高5个基点，进而给回购GC带来上行压力。结合RRP增加5个基点，GC应该会大幅上涨5个基点，事实也确实如此。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e8b99df7af1731b4bdcbcf072dcf39ce\" tg-width=\"500\" tg-height=\"272\">The problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:</p><p><blockquote>正如Skyrm警告的那样，问题在于美联储的技术调整无助于缓解建议零售额：</blockquote></p><p>   When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP.  Bottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"<i>the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"</i></p><p><blockquote>当市场回购利率为0%且RRP利率为零时，约5000亿美元进入RRP。好吧，如果市场回购利率和RRP利率都高出5个基点，就没有理由从RRP中提取现金。例如，如果GC利率升至0.05%，而RRP利率保持在零，投资者以更高利率投资的偏好将从RRP中移除现金。底线：由于市场利率和建议零售价均为0.05%，现金投资者确实没有经济动机将现金转移到回购市场。或者，正如我们总结的那样，“<i>美联储的利率变化可能对美联储的逆回购工具或创纪录的5000亿现金产生零影响。”</i></blockquote></p><p> In retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.</p><p><blockquote>回想起来，这是一种轻描淡写的说法，因为仅仅一天后，美联储逆回购工具的使用量就飙升了创纪录的50%，随着GSE的出现，飙升至惊人的7560亿美元（周五收盘价为7470亿美元）。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0fba18d7808300abc3bdf4ffaa3d5fb6\" tg-width=\"500\" tg-height=\"273\">Needless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"<b>the re-priced RRP facility will become a problem for the banking system fast:</b><b><u>the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market</u></b><b>).\"</b></p><p><blockquote>不用说，淹没美联储的建议零售价工具和冲销准备金几乎不是美联储的本意，正如瑞士信贷自己的回购专家（前纽约联储工作人员）Zoltan Pozsar在他的事后分析中所写的那样，“<b>重新定价的建议零售价融资将很快成为银行系统的一个问题：</b><b><u>银行体系正在从资产约束（存款大量涌入，但除了美联储之外无处可贷）转变为负债约束（存款不断流失，除了货币市场之外无处可替代）</u></b><b>).\"</b></blockquote></p><p> What he means by that is that whereas previously the RRP rate of 0.00% did not<i>reward</i>allocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.</p><p><blockquote>他的意思是，以前0.00%的RRP利率没有<i>奖励</i>分配惰性的超额准备金，但只是提供了一个存放它们的地方，现在美联储提供的收益率与数万亿票据提供的利率相比大幅上升，我们即将看到隔夜货币市场发生翻天覆地的变化，数万亿资本从传统投资重新分配到美联储的建议零售价。</blockquote></p><p> In other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fed<i><b>also</b></i>made a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “<b>yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"</b></p><p><blockquote>换句话说，正如Pozsar所说，“RRP设施开始对储备进行消毒……还会有更多储备。”而正如德意志银行向Pozsar解释为什么美联储的信号是一个r*政策错误一样，美联储<i><b>也</b></i>犯了一个政策错误——只是这次是技术利率——冲销准备金，因为“当严格来说没有必要提高RRP设施的利率时，提高RRP设施的利率是一回事，而将其提高到‘过高’是另一回事——正如一位货币基金经理所说，”<b>昨天，我们一年甚至拿不到一个基点；以五个基点从最值得信赖的交易对手那里获得无尽的票据是梦想成真。”</b></blockquote></p><p> He's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),<b>5bps is too generous</b>, according to Pozsar who warns that the new reverse repo rate<b>will upset the state of \"singularity\"</b>and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –<b>at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"</b></p><p><blockquote>他是对的：虽然许多人可能认为0个基点太低，但目前这很难说是灾难性的（瑞士信贷是预测不会有管理加息的机构之一），<b>5bps太慷慨了</b>Pozsar警告说，新的逆回购利率<b>将颠覆“奇点”状态</b>“就像热寻的导弹一样，货币市场投资者转移了数千亿美元，急转弯90度，在零边界寻找哪怕一个基点的收益率——<b>在5个基点的利率下，货币基金有动力出售所有国库券并将现金存放在RRP设施中。”</b></blockquote></p><p></p><p> Indeed, as shown below, bills yield less than 5 bps out to 6 months,<b>and money funds have over $2 trillion of bills.</b>They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.<b>So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.</b></p><p><blockquote>事实上，如下图所示，6个月的票据收益率不到5个基点，<b>货币基金拥有超过2万亿美元的票据。</b>他们有卖出的动机，而其他人有买入的动机：那些存款一直被银行“容忍”到目前为止赚取零利息的机构有动力获得票据曲线提供的0-5个基点的区间。将现金以一个基点存入票据比零存款要好。<b>因此，准备金冲销开始了，因此o/n RRP工具从一个为大型银行一直在推走的存款提供利率下限的基本上被动的工具，变成了一个“吸走”银行决定保留的存款的主动工具。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf593f7b1d2d665f39384ed6a998d3bf\" tg-width=\"500\" tg-height=\"403\">To help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves with<i><b>too few</b></i>intraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.</p><p><blockquote>为了帮助读者直观地了解正在发生的事情，瑞士信贷策略师建议进行以下“极端”的思想实验：目前银行的大部分“Covid-19”存款都进入了利率更好的票据市场。货币基金向目前将现金存放在银行的机构投资者出售票据，货币基金将票据交换为o/N RRP。（有点）简单地说，虽然美联储以前为银行提供了一个方便的存放准备金的地方，但现在它将积极耗尽准备金，以至于我们可能最终会陷入另一场2019年式的回购危机，因为大多数金融机构突然发现自己与<i><b>太少</b></i>日内储备，迫使它们使用美联储的其他融资工具（如外汇掉期额度）来保持持续的偿付能力。</blockquote></p><p> This process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.</p><p><blockquote>这个过程不是一蹴而就的。需要几周时间才能观察到美联储准备金冲销的影响。</blockquote></p><p> And here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,<b>some bond-heavy banks cannot.</b>As a result, Zoltan predicts that next \"we will notice that some banks (those who can<i><b>not</b></i>handle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"</p><p><blockquote>这就是为什么这个问题与2019年的回购危机类似：很快我们就会发现，虽然现金充裕的银行可以应对资金外流，<b>一些债券密集型银行则不能。</b>因此，Zoltan预测，接下来“我们将注意到一些银行（那些能够<i><b>不</b></i>处理资金外流）正在从FHLB借入预付款，现金充裕的银行停止在外汇掉期市场放贷，因为RRP工具从它们那里抽走了准备金，美联储不得不重新启动外汇掉期额度来抵消。”</blockquote></p><p> Bottom line:<i><b>whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.</b></i></p><p><blockquote>底线：<i><b>尽管之前我们看到Libor-OIS崩溃，但这一关键资金利差将不得不从这里扩大，除非美联储再次将o/n RRP利率降低到以前的水平。</b></i></blockquote></p><p> Or, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,<b>in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"</b>While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,<b>the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.</b></p><p><blockquote>或者，正如Zoltan总结的那样，“要么是数量，要么是价格”——事实上，<b>2019年，美联储选择了价格而不是数量，这适得其反，并导致了回购危机，结束了美联储的加息周期，并开始了“非量化宽松”。</b>虽然美联储在2月份进行了自我救赎，但上周三，它在没有使其负债受到限制的情况下扩大了建议零售价的使用范围，因为它选择了数量而不是价格——这一点效果很好——<b>美联储将“无限”的数量变成了“免费的钱”，并开始冲销储备。</b></blockquote></p><p> Bottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"</p><p><blockquote>底线：“我们正在目睹最后手段交易商（DoLR）学习交易艺术，犯非受迫性错误——如果美联储通过定价过高的o/n RRP工具进行冲销，它必须准备好通过掉期增加流动性线……”</blockquote></p><p> Translation:&nbsp;<b>by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.</b></p><p><blockquote>翻译：<b>通过支付数万亿美元的准备金5个基点，美联储刚刚播下了下一场流动性危机的种子。</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146982088","content_text":"Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.\nWhat does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP  facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.\nBut what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.\nThe problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:\n\n When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP.\n\nBottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"\nIn retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.\nNeedless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"the re-priced RRP facility will become a problem for the banking system fast:the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market).\"\nWhat he means by that is that whereas previously the RRP rate of 0.00% did notrewardallocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.\nIn other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fedalsomade a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"\nHe's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),5bps is too generous, according to Pozsar who warns that the new reverse repo ratewill upset the state of \"singularity\"and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"\nIndeed, as shown below, bills yield less than 5 bps out to 6 months,and money funds have over $2 trillion of bills.They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.\nTo help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves withtoo fewintraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.\nThis process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.\nAnd here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,some bond-heavy banks cannot.As a result, Zoltan predicts that next \"we will notice that some banks (those who cannothandle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"\nBottom line:whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.\nOr, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.\nBottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"\nTranslation: by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166660823,"gmtCreate":1624006509862,"gmtModify":1631890575690,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575242933917282","idStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166660823","repostId":"1133723804","repostType":4,"repost":{"id":"1133723804","kind":"news","pubTimestamp":1624006285,"share":"https://www.laohu8.com/m/news/1133723804?lang=zh_CN&edition=full","pubTime":"2021-06-18 16:51","market":"fut","language":"en","title":"Some Commodities Have Now Wiped Out All of Their 2021 Rally<blockquote>一些大宗商品现已抹去2021年的所有涨势</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133723804","media":"Bloomberg","summary":"(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the","content":"<p>(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.</p><p><blockquote>（彭博社）——尽管人们都在谈论大宗商品繁荣，但一些市场现在已经抹去了今年的涨幅，还有几个市场即将抹去。</blockquote></p><p> Soybean futures have erased their 2021 advance, sliding more than 20% from an eight-year high reached in May, while corn and wheat have also tumbled. The Bloomberg Grains Spot Subindex slid the most since 2009 on Thursday, before edging higher on Friday as markets recovered some losses. Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.</p><p><blockquote>大豆期货抹去了2021年的涨幅，较5月份触及的八年高点下滑了20%以上，而玉米和小麦也大幅下跌。彭博谷物现货分类指数周四出现2009年以来最大跌幅，周五随着市场收复部分失地而小幅走高。其他大幅上涨的大宗商品包括铂金，而一度飙升的镍、糖甚至木材都出现了动摇。</blockquote></p><p> The fact that some markets are falling while others -- including crude oil and tin -- are holding gains underscores how unevenly the complex is responding to economies reopening and expanding once again. While those materials have climbed on strong demand fundamentals, others face their own unique headwinds, such as an easing supply worries in soybeans and monetary policy uncertainty in the case of gold and silver.</p><p><blockquote>一些市场正在下跌，而包括原油和锡在内的其他市场则保持上涨，这一事实凸显了该综合体对经济重新开放和再次扩张的反应是多么不平衡。虽然这些材料因强劲的需求基本面而上涨，但其他材料也面临着自己独特的阻力，例如大豆供应担忧缓解以及黄金和白银货币政策的不确定性。</blockquote></p><p> Some materials also took a hit this week on the Federal Reserve’s signals for interest-rate increases, a rising dollar and China’s efforts to slow inflation. The Asian country has said it will release metals from state reserves in a timely manner to push prices back to a normal range, ramping up efforts to cool the surge in commodities.</p><p><blockquote>本周，一些材料也因美联储加息信号、美元升值以及中国减缓通胀的努力而受到打击。这个亚洲国家表示，将及时从国家储备中释放金属，以推动价格回到正常范围，加大力度为大宗商品的飙升降温。</blockquote></p><p> “Risk-off is front and center thanks to the hawkish words from the Fed, which came on the back of the Chinese government-led directives over prior weeks,” said Michael Cuoco, head of hedge-fund sales for metals and bulk materials at StoneX Group. “Central-bank stimulus helped the markets gather steam in the spring of 2020, and now there is a bit of a macro reset.”</p><p><blockquote>StoneX集团金属和大宗材料对冲基金销售主管迈克尔·库柯(Michael Cuoco)表示：“由于美联储在前几周中国政府主导的指令的支持下发表了鹰派言论，避险情绪占据了主导地位。”“央行的刺激措施帮助市场在2020年春季聚集了动力，现在出现了一些宏观重置。”</blockquote></p><p> Even some of the markets that are clearly benefiting from the reopening are seeing a pullback, with copper heading for its worst week in more than a year. A big backwardation in many commodities and seasonality accounts for some of the recent slump as futures contracts roll over, while improving weather is hurting prices of many agricultural products.</p><p><blockquote>甚至一些明显受益于重新开放的市场也出现了回调，铜价将迎来一年多来最糟糕的一周。随着期货合约的展期，许多大宗商品的大幅现货溢价和季节性是近期暴跌的部分原因，而天气的改善正在损害许多农产品的价格。</blockquote></p><p> Soybean futures in Chicago bounced more than 2% on Friday, but are still heading for a weekly loss of about 11%, the worst performance in seven years. Corn and wheat also recovered a part of Thursday’s declines.Base metals were mixed following losses on Thursday. Copper fell 0.8% on the London Metal Exchange and headed for its biggest weekly loss since March 2020. Nickel rose 0.9%. Iron ore slid 1.2% in Singapore.Precious metals rebounded, after substantial declines. Gold added 1.1%, while palladium rose about 3% after Thursday’s 11% slump.Chinese futures caught up with the overnight rout. Rapeseed and soybean oil slid, and copper and zinc dropped.</p><p><blockquote>芝加哥大豆期货周五反弹逾2%，但仍向周跌幅约11%迈进，创七年来最差表现。玉米和小麦也收复了周四的部分跌幅。基本金属在周四下跌后涨跌互现。伦敦金属交易所铜价下跌0.8%，创2020年3月以来最大单周跌幅。镍涨0.9%。新加坡铁矿石下跌1.2%。贵金属在大幅下跌后反弹。黄金上涨1.1%，钯金在周四暴跌11%后上涨约3%。中国期货赶上了隔夜的溃败。菜籽、豆油下滑，铜、锌走低。</blockquote></p><p></p>","source":"lsy1612507957220","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>Some Commodities Have Now Wiped Out All of Their 2021 Rally<blockquote>一些大宗商品现已抹去2021年的所有涨势</blockquote></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\">\nSome Commodities Have Now Wiped Out All of Their 2021 Rally<blockquote>一些大宗商品现已抹去2021年的所有涨势</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-06-18 16:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.</p><p><blockquote>（彭博社）——尽管人们都在谈论大宗商品繁荣，但一些市场现在已经抹去了今年的涨幅，还有几个市场即将抹去。</blockquote></p><p> Soybean futures have erased their 2021 advance, sliding more than 20% from an eight-year high reached in May, while corn and wheat have also tumbled. The Bloomberg Grains Spot Subindex slid the most since 2009 on Thursday, before edging higher on Friday as markets recovered some losses. Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.</p><p><blockquote>大豆期货抹去了2021年的涨幅，较5月份触及的八年高点下滑了20%以上，而玉米和小麦也大幅下跌。彭博谷物现货分类指数周四出现2009年以来最大跌幅，周五随着市场收复部分失地而小幅走高。其他大幅上涨的大宗商品包括铂金，而一度飙升的镍、糖甚至木材都出现了动摇。</blockquote></p><p> The fact that some markets are falling while others -- including crude oil and tin -- are holding gains underscores how unevenly the complex is responding to economies reopening and expanding once again. While those materials have climbed on strong demand fundamentals, others face their own unique headwinds, such as an easing supply worries in soybeans and monetary policy uncertainty in the case of gold and silver.</p><p><blockquote>一些市场正在下跌，而包括原油和锡在内的其他市场则保持上涨，这一事实凸显了该综合体对经济重新开放和再次扩张的反应是多么不平衡。虽然这些材料因强劲的需求基本面而上涨，但其他材料也面临着自己独特的阻力，例如大豆供应担忧缓解以及黄金和白银货币政策的不确定性。</blockquote></p><p> Some materials also took a hit this week on the Federal Reserve’s signals for interest-rate increases, a rising dollar and China’s efforts to slow inflation. The Asian country has said it will release metals from state reserves in a timely manner to push prices back to a normal range, ramping up efforts to cool the surge in commodities.</p><p><blockquote>本周，一些材料也因美联储加息信号、美元升值以及中国减缓通胀的努力而受到打击。这个亚洲国家表示，将及时从国家储备中释放金属，以推动价格回到正常范围，加大力度为大宗商品的飙升降温。</blockquote></p><p> “Risk-off is front and center thanks to the hawkish words from the Fed, which came on the back of the Chinese government-led directives over prior weeks,” said Michael Cuoco, head of hedge-fund sales for metals and bulk materials at StoneX Group. “Central-bank stimulus helped the markets gather steam in the spring of 2020, and now there is a bit of a macro reset.”</p><p><blockquote>StoneX集团金属和大宗材料对冲基金销售主管迈克尔·库柯(Michael Cuoco)表示：“由于美联储在前几周中国政府主导的指令的支持下发表了鹰派言论，避险情绪占据了主导地位。”“央行的刺激措施帮助市场在2020年春季聚集了动力，现在出现了一些宏观重置。”</blockquote></p><p> Even some of the markets that are clearly benefiting from the reopening are seeing a pullback, with copper heading for its worst week in more than a year. A big backwardation in many commodities and seasonality accounts for some of the recent slump as futures contracts roll over, while improving weather is hurting prices of many agricultural products.</p><p><blockquote>甚至一些明显受益于重新开放的市场也出现了回调，铜价将迎来一年多来最糟糕的一周。随着期货合约的展期，许多大宗商品的大幅现货溢价和季节性是近期暴跌的部分原因，而天气的改善正在损害许多农产品的价格。</blockquote></p><p> Soybean futures in Chicago bounced more than 2% on Friday, but are still heading for a weekly loss of about 11%, the worst performance in seven years. Corn and wheat also recovered a part of Thursday’s declines.Base metals were mixed following losses on Thursday. Copper fell 0.8% on the London Metal Exchange and headed for its biggest weekly loss since March 2020. Nickel rose 0.9%. Iron ore slid 1.2% in Singapore.Precious metals rebounded, after substantial declines. Gold added 1.1%, while palladium rose about 3% after Thursday’s 11% slump.Chinese futures caught up with the overnight rout. Rapeseed and soybean oil slid, and copper and zinc dropped.</p><p><blockquote>芝加哥大豆期货周五反弹逾2%，但仍向周跌幅约11%迈进，创七年来最差表现。玉米和小麦也收复了周四的部分跌幅。基本金属在周四下跌后涨跌互现。伦敦金属交易所铜价下跌0.8%，创2020年3月以来最大单周跌幅。镍涨0.9%。新加坡铁矿石下跌1.2%。贵金属在大幅下跌后反弹。黄金上涨1.1%，钯金在周四暴跌11%后上涨约3%。中国期货赶上了隔夜的溃败。菜籽、豆油下滑，铜、锌走低。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/amid-talk-supercycle-commodities-wipe-181326277.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/amid-talk-supercycle-commodities-wipe-181326277.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133723804","content_text":"(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.\nSoybean futures have erased their 2021 advance, sliding more than 20% from an eight-year high reached in May, while corn and wheat have also tumbled. The Bloomberg Grains Spot Subindex slid the most since 2009 on Thursday, before edging higher on Friday as markets recovered some losses. Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.\nThe fact that some markets are falling while others -- including crude oil and tin -- are holding gains underscores how unevenly the complex is responding to economies reopening and expanding once again. While those materials have climbed on strong demand fundamentals, others face their own unique headwinds, such as an easing supply worries in soybeans and monetary policy uncertainty in the case of gold and silver.\nSome materials also took a hit this week on the Federal Reserve’s signals for interest-rate increases, a rising dollar and China’s efforts to slow inflation. The Asian country has said it will release metals from state reserves in a timely manner to push prices back to a normal range, ramping up efforts to cool the surge in commodities.\n“Risk-off is front and center thanks to the hawkish words from the Fed, which came on the back of the Chinese government-led directives over prior weeks,” said Michael Cuoco, head of hedge-fund sales for metals and bulk materials at StoneX Group. “Central-bank stimulus helped the markets gather steam in the spring of 2020, and now there is a bit of a macro reset.”\nEven some of the markets that are clearly benefiting from the reopening are seeing a pullback, with copper heading for its worst week in more than a year. A big backwardation in many commodities and seasonality accounts for some of the recent slump as futures contracts roll over, while improving weather is hurting prices of many agricultural products.\nSoybean futures in Chicago bounced more than 2% on Friday, but are still heading for a weekly loss of about 11%, the worst performance in seven years. Corn and wheat also recovered a part of Thursday’s declines.Base metals were mixed following losses on Thursday. Copper fell 0.8% on the London Metal Exchange and headed for its biggest weekly loss since March 2020. Nickel rose 0.9%. Iron ore slid 1.2% in Singapore.Precious metals rebounded, after substantial declines. Gold added 1.1%, while palladium rose about 3% after Thursday’s 11% slump.Chinese futures caught up with the overnight rout. Rapeseed and soybean oil slid, and copper and zinc dropped.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":384171205,"gmtCreate":1613632948307,"gmtModify":1634552862595,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Can I have a like","listText":"Can I have a like","text":"Can I have a like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/384171205","repostId":"1112683598","repostType":4,"isVote":1,"tweetType":1,"viewCount":701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890848303,"gmtCreate":1628095086402,"gmtModify":1631886711293,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890848303","repostId":"1187165636","repostType":4,"isVote":1,"tweetType":1,"viewCount":1959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886227128,"gmtCreate":1631597821064,"gmtModify":1631886711268,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/886227128","repostId":"1179494633","repostType":4,"isVote":1,"tweetType":1,"viewCount":2440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370912200,"gmtCreate":1618542874600,"gmtModify":1634292193075,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Wow pls like and comment good luck to all","listText":"Wow pls like and comment good luck to all","text":"Wow pls like and comment good luck to all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/370912200","repostId":"1184470866","repostType":4,"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320635165,"gmtCreate":1615090338857,"gmtModify":1703484656714,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/320635165","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","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":1614958557,"share":"https://www.laohu8.com/m/news/1169596583?lang=zh_CN&edition=full","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5)&nbsp;Palantir plunged more than 13%.","content":"<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><blockquote>（3月5日）Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></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>Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote></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\">\nPalantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>\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\">2021-03-05 23:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><blockquote>（3月5日）Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169596583","content_text":"(March 5) Palantir plunged more than 13%.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809191297,"gmtCreate":1627351149019,"gmtModify":1631886711347,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Like plssss","listText":"Like plssss","text":"Like plssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809191297","repostId":"2154964378","repostType":4,"isVote":1,"tweetType":1,"viewCount":2848,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174780392,"gmtCreate":1627139264116,"gmtModify":1631886711358,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Like and comment thanksss","listText":"Like and comment thanksss","text":"Like and comment thanksss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/174780392","repostId":"1151500518","repostType":4,"repost":{"id":"1151500518","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627092269,"share":"https://www.laohu8.com/m/news/1151500518?lang=zh_CN&edition=full","pubTime":"2021-07-24 10:04","market":"us","language":"en","title":"Tencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151500518","media":"Tiger Newspress","summary":"The China market supervision administration made an administrative punishment decision according to ","content":"<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p><p><blockquote>市场监督管理总局依法作出行政处罚决定，责令腾讯控股及其关联公司采取措施，恢复市场竞争状态，如30日内取消独家音乐版权、停止支付高额预付款等版权费用、无正当理由不得要求上游版权方给予优于竞争对手的条件等。腾讯控股将在三年内每年向国家市场监管总局报告义务履行情况，国家市场监管总局将依法严格监督落实。</blockquote></p><p> This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p><p><blockquote>本案是我国《反垄断法》实施以来，对违法实施经营者集中行为采取必要措施恢复市场竞争状态的第一起案件。</blockquote></p><p> Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p><p><blockquote>腾讯控股回应称，公司将认真遵守《决定》，严格执行监管要求，依法经营，切实履行社会责任，维护市场良性竞争。腾讯控股将负全责，在规定时限内与腾讯控股音乐等关联公司制定整改措施和方案，按照处罚决定书要求全面完成，确保整改到位。</blockquote></p><p></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>Tencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</blockquote></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\">\nTencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-24 10:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p><p><blockquote>市场监督管理总局依法作出行政处罚决定，责令腾讯控股及其关联公司采取措施，恢复市场竞争状态，如30日内取消独家音乐版权、停止支付高额预付款等版权费用、无正当理由不得要求上游版权方给予优于竞争对手的条件等。腾讯控股将在三年内每年向国家市场监管总局报告义务履行情况，国家市场监管总局将依法严格监督落实。</blockquote></p><p> This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p><p><blockquote>本案是我国《反垄断法》实施以来，对违法实施经营者集中行为采取必要措施恢复市场竞争状态的第一起案件。</blockquote></p><p> Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p><p><blockquote>腾讯控股回应称，公司将认真遵守《决定》，严格执行监管要求，依法经营，切实履行社会责任，维护市场良性竞争。腾讯控股将负全责，在规定时限内与腾讯控股音乐等关联公司制定整改措施和方案，按照处罚决定书要求全面完成，确保整改到位。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151500518","content_text":"The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.\nThis case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.\nTencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.","news_type":1,"symbols_score_info":{"00700":0.9,"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":1014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146657801,"gmtCreate":1626078268803,"gmtModify":1631886711381,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146657801","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":1259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886227920,"gmtCreate":1631597805960,"gmtModify":1631886711282,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886227920","repostId":"1121338781","repostType":4,"isVote":1,"tweetType":1,"viewCount":2449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804364240,"gmtCreate":1627927188980,"gmtModify":1631886711327,"author":{"id":"3575242933917282","authorId":"3575242933917282","name":"Ghossstsam","avatar":"https://static.tigerbbs.com/4f40137f908781b15d3832845cc3f732","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575242933917282","authorIdStr":"3575242933917282"},"themes":[],"title":"","htmlText":"Likw and comment","listText":"Likw and comment","text":"Likw and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804364240","repostId":"1121830825","repostType":4,"isVote":1,"tweetType":1,"viewCount":2426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}