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城市隐者
2021-03-06
如果台湾回归祖国,祖国又还是这个制度,台积电立马就会被制裁至死。求你了,大半夜的别吓我……
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城市隐者
2021-03-08
请问受哪个外围市场拖累?火星?
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城市隐者
2021-03-26
美国没有资格审计我们,中国人不吃这一套!
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城市隐者
2021-02-26
不行!给我上战狼!
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城市隐者
2021-02-23
环球时报的文章最好不要看
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城市隐者
2021-02-23
瞎扯!我没查到阿斯麦的股票东里有台积电
芯片巨头始料未及,台积电官宣新消息,超车成天方夜谭
城市隐者
2021-02-03
炒尼马,难怪苹果的电池这么糟糕!
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城市隐者
2021-03-24
换一个CEO就能解决问题,之前的那位难道就没想过?
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城市隐者
2021-03-05
原来阿斯麦不是欧美企业,是国企。
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城市隐者
2021-03-25
我对"金融投資報"的评价下调为C-(骗子级)
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城市隐者
2021-03-25
难道普通股就不是债,你故意糊弄人吗?
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城市隐者
2021-03-24
赶紧提价啊
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城市隐者
2021-03-19
当年我大清一口气挑战十一国,何等气魄,今天?算了吧。当年我大清无论胜败,洋人第一个要求就是:买我的、买我的!今天,无论胜败,洋人第一个反应是:不卖了!
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城市隐者
2021-03-17
我认为不应该加企业税,反而应该减。只能加年收入在某个界线之上的人群的所得税。这会让企业减少派息,把更多钱再投资。
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城市隐者
2021-03-03
老天,去年二月澳门封关半个月,期间几乎没有赌收啊,同比当然上升啦!
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城市隐者
2021-03-01
晶圆和5nm有什么关系?
快讯|台积电5nm晶圆产能提升 利好产业链相关企业
城市隐者
2021-03-01
卡个鬼,专门建一座发电厂给它!钦此
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城市隐者
2021-02-26
关于上次为什么没有通胀的说法似乎有道理
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城市隐者
2021-02-26
中芯投资500亿美元还是人民币?
500亿元!中国芯片巨头传来好消息,产能可媲美台积电了?
城市隐者
2021-02-18
一毛錢的一盒雞蛋、幾分錢的一斤蔬菜、一元錢的甜瓜……不信!
春节回乡纪实:除了拼多多,下沉市场还有哪些新经济正在茁壮成长?
去老虎APP查看更多动态
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15:09","market":"us","language":"zh","title":"中概股大跌,会产生哪些蝴蝶效应","url":"https://stock-news.laohu8.com/highlight/detail?id=1118741472","media":"界面新闻","summary":"目前SEC已通过临时修正,以执行《外国公司责任法案》对上市公司信息披露的要求。","content":"<div>\n<p>3月24日,在美上市中概股集体大跌。腾讯音乐收跌27%,唯品会跌21%,爱奇艺(QI)收跌19.85%。此外,贝壳跌逾13%,哔哩哔哩跌(BILI.O)逾9%。新能源汽车股普跌,小鹏汽车(XPEN.O)跌逾15%,理想汽车(LI.O)跌逾13%,蔚来(NIO.N)跌逾10%。暴跌前,腾讯音乐市值约533亿美元,约合人民币3500亿。一天之内,其市值蒸发144亿美元,约合940亿人民币;爱奇艺则在...</p>\n\n<a href=\"None\">Web Link</a>\n\n</div>\n","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>中概股大跌,会产生哪些蝴蝶效应</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n中概股大跌,会产生哪些蝴蝶效应\n</h2>\n\n<h4 class=\"meta\">\n\n2021-03-25 15:09 北京时间 <strong>界面新闻</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>3月24日,在美上市中概股集体大跌。腾讯音乐收跌27%,唯品会跌21%,爱奇艺(QI)收跌19.85%。此外,贝壳跌逾13%,哔哩哔哩跌(BILI.O)逾9%。新能源汽车股普跌,小鹏汽车(XPEN.O)跌逾15%,理想汽车(LI.O)跌逾13%,蔚来(NIO.N)跌逾10%。暴跌前,腾讯音乐市值约533亿美元,约合人民币3500亿。一天之内,其市值蒸发144亿美元,约合940亿人民币;爱奇艺则在...</p>\n\n<a href=\"None\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f8ef645b47a3549fad0987737e86dbd4","relate_stocks":{"BILI":"哔哩哔哩","XPEV":"小鹏汽车","LI":"理想汽车","VIPS":"唯品会","BEKE":"贝壳","IQ":"爱奇艺","NIO":"蔚来","TME":"腾讯音乐"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118741472","content_text":"3月24日,在美上市中概股集体大跌。腾讯音乐收跌27%,唯品会跌21%,爱奇艺(QI)收跌19.85%。此外,贝壳跌逾13%,哔哩哔哩跌(BILI.O)逾9%。新能源汽车股普跌,小鹏汽车(XPEN.O)跌逾15%,理想汽车(LI.O)跌逾13%,蔚来(NIO.N)跌逾10%。暴跌前,腾讯音乐市值约533亿美元,约合人民币3500亿。一天之内,其市值蒸发144亿美元,约合940亿人民币;爱奇艺则在一日内蒸发315亿人民币。\n中概股的大跌源于美国证券交易委员会(SEC)发布最新通告。公告显示,目前SEC已通过临时修正,以执行《外国公司责任法案》(HFCA Act)对上市公司信息披露的要求。\n这则法案最早要追述到2020年5月。该法案主要包含两项内容:1。如果外国公司连续三年未能通过美国公众公司会计监督委员会(PCAOB)的审计,将被禁止在美国任何交易所上市;2。上市公司需披露自己与该国政府的关系。\n根据上述两项条款,万商天勤律师事务所高级合伙人黄颢律师解释称,这一法案对中概股影响主要集中在两类企业。其一是在美上市的政府控制的国有企业将会受到影响,第二类是在美上市是民营企业。但是后者如果使用美国会计准则,则影响较为有限。但是不可否认,此次美国SEC正式通告,意味着在美上市的中概股将面临更大的退市压力。\n根据Wind数据统计,目前在美上市的中概股以科技、消费及医疗为主,共计272家。根据港交所的最新原则,在美中概股回归上市需符合以下两点要求中的其中一点:其一为市值大于400亿港元,其二为市值大于100亿港元且当期收入超过10亿港元。\n自2020年《外国公司问责法案》在美国国会通过后,在美上市中概股纷纷选择香港二次上市。截止今年3月24日,已经先后有13家中概股成功在香港二次上市。其中包括京东(9618.HK、JD.O)、网易(9999.HK、NTES.O)、百度集团(9888.HK、BIDU.O)等等。\n图片来源:WIND、界面新闻研究部\n但是黄颢认为,中概股的二次上市并不完全是为了该则法案。“在港二次上市本就有再融资的行为,符合上市公司自身的利益。如果公司足够市场化且组合美国会计准则,目前不需要对该则法案过于担忧。”\n事实上,中概股二次上市后,大部分公司市场表现良好。包括百济神州、再鼎医药等二次上市的个股,股价均较发行价上涨了超过80%。\n但是不可否认,在经历了2020年的“牛市”,在美股上市的中概股的估值已经“不忍直视”。目前哔哩哔哩市值接近2200亿元人民币,虽然公司的营收规模持续向好,但是依然还处于亏损状态;而拼多多(PDD.O)的市值高达9930亿元,同样处于亏损状态。如果使用市销率进行估值,拼多多的市销率也高达20倍,远超合理估值水平。此外,长视频领域长期无法走出商业模式的爱奇艺即使大跌之后,市值也高达1180亿元,但是其亏损已经超过了6年,且短期也并无盈利的可能。\n虽说这些新经济代表了未来,但是远超合理的估值水平,意味着中概股的泡沫可能即将到达溢出的水平。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":358651852,"gmtCreate":1616686981476,"gmtModify":1616686981476,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"我对"金融投資報"的评价下调为C-(骗子级)","listText":"我对"金融投資報"的评价下调为C-(骗子级)","text":"我对"金融投資報"的评价下调为C-(骗子级)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358651852","repostId":"2122412703","repostType":2,"repost":{"id":"2122412703","pubTimestamp":1616672640,"share":"https://www.laohu8.com/m/news/2122412703?lang=&edition=full","pubTime":"2021-03-25 19:44","market":"hk","language":"zh","title":"快手平均每天亏3.2亿?想多了 真正的危机在这里!","url":"https://stock-news.laohu8.com/highlight/detail?id=2122412703","media":"金融投资报","summary":"【快手平均每天亏3.2亿?想多了 真正的危机在这里!】纵观快手首份财报, 即便其在2020年行业竞争格局进一步向头部聚焦的大浪淘沙中成功活了下来,但各项业务并不能算特别亮眼,暗藏的隐患和增长瓶颈,也是接下来摆在快手管理层面前需要认真考虑的问题。资本的诉求、虎视眈眈的竞争对手、瞬息万变的行业格局,而快手的考验,还在后面。","content":"<html><body><div>\n<p>\r\n 原标题:快手平均每天亏3.2亿?想多了,真正的危机在这里!\r\n </p>\n<div>摘要</div>\n<div>【快手平均每天亏3.2亿?想多了 真正的危机在这里!】纵观快手首份财报, 即便其在2020年行业竞争格局进一步向头部聚焦的大浪淘沙中成功活了下来,但各项业务并不能算特别亮眼,暗藏的隐患和增长瓶颈,也是接下来摆在快手管理层面前需要认真考虑的问题。资本的诉求、虎视眈眈的竞争对手、瞬息万变的行业格局,而快手的考验,还在后面。</div>\n<p><img border=\"0\" height=\"276\" src=\"https://webquoteklinepic.eastmoney.com/GetPic.aspx?nid=116.01024&imageType=k&token=28dfeb41d35cc81d84b4664d7c23c49f&at=1\" width=\"578\"/></p><p> 快手也许没有想到,其上市后的首份年报,在市场引起了轩然大波。</p><div></div>\n<p> 2020年财报显示,快手全年实现<span>净利润</span><span target=\"_blank\" web=\"1\">亏损</span>1166亿元。算下来,每天亏3.2亿!这一消息迅速登上各大财经新闻热搜。</p>\n<p> 电影《西虹市首富》王多鱼拿着继承的10亿遗产,穷心竭力想在一个月内花光,却艰难万分。</p>\n<p> 搞得众多投资者不禁懵圈:得是什么样的<span target=\"_blank\" web=\"1\">公司</span>才能在一年中平均每天亏出3.2亿?</p>\n<p> 事实上,撇开这一<span target=\"_blank\" web=\"1\">会计</span>准则带来的“美丽误会”,透过看似不错的财报数据,仍可窥见快手经营层面的阴影。</p>\n<p> <strong>巨亏</strong></p>\n<p> 这份“千呼万唤始出来”的短视频第一股首份年报,震惊四方。</p>\n<p> 报告显示,2020全年快手实现营收587.8亿元<span target=\"_blank\" web=\"1\">人民币</span>,<span target=\"_blank\" web=\"1\">同比</span>增长50.2%,不及市场预期的593.82亿元;全年实现<span target=\"_blank\" web=\"1\">净利润</span>亏损1166亿元,同比扩大493.5%。</p>\n<p> 营收增速放缓迹象显著。要知道,2018年、2019年,快手营收增长率分别为143.4%、92.7%。 </p>\n<p> <strong>值得关注的是,之所以出现1166亿元这一惊世骇俗的全年亏损,主要在于其包含了1068.46亿元的“可转换<span target=\"_blank\" web=\"1\">可赎回优先股</span><span target=\"_blank\" web=\"1\">公允价值</span>变动”。</strong></p>\n<center><img src=\"https://dfscdn.dfcfw.com/download/D25457463920203026456.jpg\" width=\"580\"/></center><p> <strong>优先股,名“股”实“债”,在会计师眼里,更愿意视其为金融负债。</strong></p>\n<p> 在国际财务<span target=\"_blank\" web=\"1\">会计准则</span>中,优先股会被计为负债,产生的公允值变动便被记为亏损。据港股会计准则,优先股要视同成本按照市价(公允价值)入账。</p>\n<p> 也就是说,这千亿亏损并非是经营、业务所造成,而是属于账面亏损。快手上市后,备受资本追捧,股价越高,这部分优先股的价值就越高,被纳入的亏损也就越高。</p>\n<p> 因此,剔除这一因素后,快手2020全年经营亏损为103亿元,经调整后亏损则是79.48亿元。</p>\n<p> 然而,尽管优先股在公司上市后,一般会自动被转换成普通股,在上市后的下一个财年会自动消失。但这背后的实质是流量助推下的估值神话。</p>\n<p> 当年的快手,为了获得发展资金,通过<span target=\"_blank\" web=\"1\">债务融资</span>,获得了无数资本加持,助推估值节节攀升。</p>\n<p> <strong>成功上市的快手,如想继续估值神话,只有两条路可走:要么商业拓展要么模式创新,让资本有故事可听;要么加速商业化,尽快产生价值。</strong></p>\n<p> 否则,背后的资本难以接受。也就是说,上市后的快手,同时面临着<span>业绩</span>和股价的双重压力。</p>\n<p> <strong>流量</strong></p>\n<p> 较之实打实的<span target=\"_blank\" web=\"1\">利润</span>,<span target=\"_blank\" web=\"1\">互联网</span><span target=\"_blank\" web=\"1\">企业</span>更喜欢谈流量。</p>\n<p> 2020年,快手应用的快手平均日活用户2.646亿,平均月活用户4.811亿,分别同比增长50.7%及45.6%。其中,25%的平均月活用户为内容创作者。得益于快手积极的奖励机制,有2300万用户通过此获取收入。</p>\n<center><img src=\"https://dfscdn.dfcfw.com/download/D24668370765570498798.jpg\" width=\"580\"/></center><p> 快手的每月直播付费用户平均收入在2020年为人民币48.0元,2019年为人民币53.6元。</p>\n<p> 2020年第四季度,快手的直播平均月付费用户自2019年同期的5020万增至5080万。第四季度的每月直播付费用户平均收入为人民币51.8元,2019年同期为人民币56.6元。</p>\n<p> <strong>这一系列数据甚称靓丽,与之相伴的是,急剧飙升的费用。</strong></p>\n<p> 财报显示,快手全年销售和营销费用高达266亿元,同比增长169.8%。占总营收的比重达45.3%,较2019年上升超过20个百分点。</p>\n<p> 对此,快手称系<span target=\"_blank\" web=\"1\">品牌</span>推广及广告活动增加所致,主要包括获取及维护用户的成本和<span target=\"_blank\" web=\"1\">品牌营销</span>活动的开支。</p>\n<p> 有业内人士形象称之为:<strong>花钱买流量</strong>。</p>\n<p> 众所周知,随着线上总流量趋于饱和,获取流量的成本越来越高。而快手,营销费用增速远远超过营收增速,亦显著高于日活、月活、用户使用时长增速。</p>\n<p> 对比可知,快手2020年平均月活用户4.811亿,低于三季度末披露的数据4.83亿,或表明在获客上,快手在四季度遭遇了一定阻力。</p>\n<p> 这一切都意味着,<strong>快手花大价钱获得的流量边际效益在递减</strong>。</p>\n<p> 纵观快手的所有商业活动,都建立在流量基础上。可以说,用户的数量及增长直接关系到快手业务能否继续开展壮大。</p>\n<p> <strong>变现</strong></p>\n<p> 流量的终点是变现。</p>\n<p> 财报显示,线上营销、直播打赏及其他服务是快手变现的三大方式,分别占总收入的比例为37.2%、56.5%和6.3%。</p>\n<p> 在这三大主要业务中,<strong>线上营销异军突起</strong>,为快手贡献了219亿元的收入,直播打赏贡献了332亿元,包括电商在内的其它收入贡献了37亿元。</p>\n<center><img src=\"https://dfscdn.dfcfw.com/download/D25701834484317133476.jpg\" width=\"580\"/></center><p> 但在业内人士看来,<strong>获得219亿光鲜广告收入的代价是巨额的营销投入,业务增长空间极为有限。</strong></p>\n<p> 从整体市场规模看,尽管疫情令民众线上停留时间大幅增加,线上广告行业整体市场扩容明显;然众多广告主也因为疫情导致现金流紧张,在广告投放上也愈加谨慎,广告市场规模增长有限。</p>\n<p> 在此背景下,快手广告业务发展实质上是在全国整体广告市场大千亿的边界内,与<a href=\"https://laohu8.com/S/DYIN\">抖音</a>、微信短视频、B站等互联网头部内容平台展开“内卷”式的存量厮杀,竞争惨烈。</p>\n<p> <strong>电商,虽然被快手寄予厚望,然一直存在<span>货币</span>化率低等问题。</strong></p>\n<p> 快手主要带货的<span target=\"_blank\" web=\"1\">产品</span>属性和结构经过长年的发展,依旧以低价农<span target=\"_blank\" web=\"1\">副产品</span>和低端制造为主,这与快手的主流用户群体属性密不可分。</p>\n<p> 作为平台经济,低附加值、低毛<span>利率</span>的电商结构导致中间渠道利润并不大,只能走量。</p>\n<p> 然随着近年来关于互联网电商销售平台的监管趋严,白牌货、贴牌货等粗制滥造的商品逐渐将被市场所清退,加之电商税呼之欲出,部分商家也在考虑通过线下或其他线上渠道进行销售,也成为了制约快手电商业务发展的一大隐患。</p>\n<p> <strong>至于打赏,业界皆认为,已走过了2017至2019年的高速增长期,难以独掌大梁。</strong></p>\n<p> 事实上,无论是广告收入、直播打赏还是电商业务扩张皆受制于用户规模,即流量获取的增量。</p>\n<p> <strong>在没有出现意义鲜明的商业拓展或模式创新前,快手,依然要面对新增用户增速放缓、用户活跃度降低等老问题。而这份年报,并没有给出市场期待的答案。</strong></p>\n<p> 纵观快手首份财报, 即便其在2020年行业竞争格局进一步向头部聚焦的大浪淘沙中成功活了下来,但各项业务并不能算特别亮眼,暗藏的隐患和增长瓶颈,也是接下来摆在快手管理层面前需要认真考虑的问题。</p>\n<p> 资本的诉求、虎视眈眈的竞争对手、瞬息万变的行业格局,而快手的考验,还在后面。</p><p>(文章来源:金融投资报)</p>\n<p>\r\n (责任编辑:DF537)\r\n </p>\n</div></body></html>","source":"eastmoney_highlight","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>快手平均每天亏3.2亿?想多了 真正的危机在这里!</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n快手平均每天亏3.2亿?想多了 真正的危机在这里!\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 19:44 北京时间 <a href=http://hk.eastmoney.com/a/202103251859230833_0.html><strong>金融投资报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>原标题:快手平均每天亏3.2亿?想多了,真正的危机在这里!\r\n \n摘要\n【快手平均每天亏3.2亿?想多了 真正的危机在这里!】纵观快手首份财报, 即便其在2020年行业竞争格局进一步向头部聚焦的大浪淘沙中成功活了下来,但各项业务并不能算特别亮眼,暗藏的隐患和增长瓶颈,也是接下来摆在快手管理层面前需要认真考虑的问题。资本的诉求、虎视眈眈的竞争对手、瞬息万变的行业格局,而快手的...</p>\n\n<a href=\"http://hk.eastmoney.com/a/202103251859230833_0.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com///dfscdn.dfcfw.com/download/D24822047196537051912.jpg?op=imageView2&mode=2&width=256&height=256&quality=70&format=png","relate_stocks":{"01024":"快手-W"},"source_url":"http://hk.eastmoney.com/a/202103251859230833_0.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122412703","content_text":"原标题:快手平均每天亏3.2亿?想多了,真正的危机在这里!\r\n \n摘要\n【快手平均每天亏3.2亿?想多了 真正的危机在这里!】纵观快手首份财报, 即便其在2020年行业竞争格局进一步向头部聚焦的大浪淘沙中成功活了下来,但各项业务并不能算特别亮眼,暗藏的隐患和增长瓶颈,也是接下来摆在快手管理层面前需要认真考虑的问题。资本的诉求、虎视眈眈的竞争对手、瞬息万变的行业格局,而快手的考验,还在后面。\n 快手也许没有想到,其上市后的首份年报,在市场引起了轩然大波。\n 2020年财报显示,快手全年实现净利润亏损1166亿元。算下来,每天亏3.2亿!这一消息迅速登上各大财经新闻热搜。\n 电影《西虹市首富》王多鱼拿着继承的10亿遗产,穷心竭力想在一个月内花光,却艰难万分。\n 搞得众多投资者不禁懵圈:得是什么样的公司才能在一年中平均每天亏出3.2亿?\n 事实上,撇开这一会计准则带来的“美丽误会”,透过看似不错的财报数据,仍可窥见快手经营层面的阴影。\n 巨亏\n 这份“千呼万唤始出来”的短视频第一股首份年报,震惊四方。\n 报告显示,2020全年快手实现营收587.8亿元人民币,同比增长50.2%,不及市场预期的593.82亿元;全年实现净利润亏损1166亿元,同比扩大493.5%。\n 营收增速放缓迹象显著。要知道,2018年、2019年,快手营收增长率分别为143.4%、92.7%。 \n 值得关注的是,之所以出现1166亿元这一惊世骇俗的全年亏损,主要在于其包含了1068.46亿元的“可转换可赎回优先股公允价值变动”。\n 优先股,名“股”实“债”,在会计师眼里,更愿意视其为金融负债。\n 在国际财务会计准则中,优先股会被计为负债,产生的公允值变动便被记为亏损。据港股会计准则,优先股要视同成本按照市价(公允价值)入账。\n 也就是说,这千亿亏损并非是经营、业务所造成,而是属于账面亏损。快手上市后,备受资本追捧,股价越高,这部分优先股的价值就越高,被纳入的亏损也就越高。\n 因此,剔除这一因素后,快手2020全年经营亏损为103亿元,经调整后亏损则是79.48亿元。\n 然而,尽管优先股在公司上市后,一般会自动被转换成普通股,在上市后的下一个财年会自动消失。但这背后的实质是流量助推下的估值神话。\n 当年的快手,为了获得发展资金,通过债务融资,获得了无数资本加持,助推估值节节攀升。\n 成功上市的快手,如想继续估值神话,只有两条路可走:要么商业拓展要么模式创新,让资本有故事可听;要么加速商业化,尽快产生价值。\n 否则,背后的资本难以接受。也就是说,上市后的快手,同时面临着业绩和股价的双重压力。\n 流量\n 较之实打实的利润,互联网企业更喜欢谈流量。\n 2020年,快手应用的快手平均日活用户2.646亿,平均月活用户4.811亿,分别同比增长50.7%及45.6%。其中,25%的平均月活用户为内容创作者。得益于快手积极的奖励机制,有2300万用户通过此获取收入。\n 快手的每月直播付费用户平均收入在2020年为人民币48.0元,2019年为人民币53.6元。\n 2020年第四季度,快手的直播平均月付费用户自2019年同期的5020万增至5080万。第四季度的每月直播付费用户平均收入为人民币51.8元,2019年同期为人民币56.6元。\n 这一系列数据甚称靓丽,与之相伴的是,急剧飙升的费用。\n 财报显示,快手全年销售和营销费用高达266亿元,同比增长169.8%。占总营收的比重达45.3%,较2019年上升超过20个百分点。\n 对此,快手称系品牌推广及广告活动增加所致,主要包括获取及维护用户的成本和品牌营销活动的开支。\n 有业内人士形象称之为:花钱买流量。\n 众所周知,随着线上总流量趋于饱和,获取流量的成本越来越高。而快手,营销费用增速远远超过营收增速,亦显著高于日活、月活、用户使用时长增速。\n 对比可知,快手2020年平均月活用户4.811亿,低于三季度末披露的数据4.83亿,或表明在获客上,快手在四季度遭遇了一定阻力。\n 这一切都意味着,快手花大价钱获得的流量边际效益在递减。\n 纵观快手的所有商业活动,都建立在流量基础上。可以说,用户的数量及增长直接关系到快手业务能否继续开展壮大。\n 变现\n 流量的终点是变现。\n 财报显示,线上营销、直播打赏及其他服务是快手变现的三大方式,分别占总收入的比例为37.2%、56.5%和6.3%。\n 在这三大主要业务中,线上营销异军突起,为快手贡献了219亿元的收入,直播打赏贡献了332亿元,包括电商在内的其它收入贡献了37亿元。\n 但在业内人士看来,获得219亿光鲜广告收入的代价是巨额的营销投入,业务增长空间极为有限。\n 从整体市场规模看,尽管疫情令民众线上停留时间大幅增加,线上广告行业整体市场扩容明显;然众多广告主也因为疫情导致现金流紧张,在广告投放上也愈加谨慎,广告市场规模增长有限。\n 在此背景下,快手广告业务发展实质上是在全国整体广告市场大千亿的边界内,与抖音、微信短视频、B站等互联网头部内容平台展开“内卷”式的存量厮杀,竞争惨烈。\n 电商,虽然被快手寄予厚望,然一直存在货币化率低等问题。\n 快手主要带货的产品属性和结构经过长年的发展,依旧以低价农副产品和低端制造为主,这与快手的主流用户群体属性密不可分。\n 作为平台经济,低附加值、低毛利率的电商结构导致中间渠道利润并不大,只能走量。\n 然随着近年来关于互联网电商销售平台的监管趋严,白牌货、贴牌货等粗制滥造的商品逐渐将被市场所清退,加之电商税呼之欲出,部分商家也在考虑通过线下或其他线上渠道进行销售,也成为了制约快手电商业务发展的一大隐患。\n 至于打赏,业界皆认为,已走过了2017至2019年的高速增长期,难以独掌大梁。\n 事实上,无论是广告收入、直播打赏还是电商业务扩张皆受制于用户规模,即流量获取的增量。\n 在没有出现意义鲜明的商业拓展或模式创新前,快手,依然要面对新增用户增速放缓、用户活跃度降低等老问题。而这份年报,并没有给出市场期待的答案。\n 纵观快手首份财报, 即便其在2020年行业竞争格局进一步向头部聚焦的大浪淘沙中成功活了下来,但各项业务并不能算特别亮眼,暗藏的隐患和增长瓶颈,也是接下来摆在快手管理层面前需要认真考虑的问题。\n 资本的诉求、虎视眈眈的竞争对手、瞬息万变的行业格局,而快手的考验,还在后面。(文章来源:金融投资报)\n\r\n (责任编辑:DF537)","news_type":1},"isVote":1,"tweetType":1,"viewCount":1709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":358653592,"gmtCreate":1616686900816,"gmtModify":1616686900816,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"难道普通股就不是债,你故意糊弄人吗?","listText":"难道普通股就不是债,你故意糊弄人吗?","text":"难道普通股就不是债,你故意糊弄人吗?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358653592","repostId":"2122412703","repostType":2,"isVote":1,"tweetType":1,"viewCount":1649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":351968281,"gmtCreate":1616554083343,"gmtModify":1616554083343,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"换一个CEO就能解决问题,之前的那位难道就没想过?","listText":"换一个CEO就能解决问题,之前的那位难道就没想过?","text":"换一个CEO就能解决问题,之前的那位难道就没想过?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/351968281","repostId":"2121430548","repostType":2,"isVote":1,"tweetType":1,"viewCount":1581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":353719082,"gmtCreate":1616530362846,"gmtModify":1616530362846,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"赶紧提价啊","listText":"赶紧提价啊","text":"赶紧提价啊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/353719082","repostId":"2121051451","repostType":2,"isVote":1,"tweetType":1,"viewCount":1833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":350358401,"gmtCreate":1616162417003,"gmtModify":1616162417003,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"当年我大清一口气挑战十一国,何等气魄,今天?算了吧。当年我大清无论胜败,洋人第一个要求就是:买我的、买我的!今天,无论胜败,洋人第一个反应是:不卖了!","listText":"当年我大清一口气挑战十一国,何等气魄,今天?算了吧。当年我大清无论胜败,洋人第一个要求就是:买我的、买我的!今天,无论胜败,洋人第一个反应是:不卖了!","text":"当年我大清一口气挑战十一国,何等气魄,今天?算了吧。当年我大清无论胜败,洋人第一个要求就是:买我的、买我的!今天,无论胜败,洋人第一个反应是:不卖了!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350358401","repostId":"2120811811","repostType":2,"isVote":1,"tweetType":1,"viewCount":1603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":325430207,"gmtCreate":1615910772909,"gmtModify":1703494997512,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"我认为不应该加企业税,反而应该减。只能加年收入在某个界线之上的人群的所得税。这会让企业减少派息,把更多钱再投资。","listText":"我认为不应该加企业税,反而应该减。只能加年收入在某个界线之上的人群的所得税。这会让企业减少派息,把更多钱再投资。","text":"我认为不应该加企业税,反而应该减。只能加年收入在某个界线之上的人群的所得税。这会让企业减少派息,把更多钱再投资。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325430207","repostId":"1183337798","repostType":4,"isVote":1,"tweetType":1,"viewCount":1750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":320712099,"gmtCreate":1615176705711,"gmtModify":1703485230256,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"请问受哪个外围市场拖累?火星?","listText":"请问受哪个外围市场拖累?火星?","text":"请问受哪个外围市场拖累?火星?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/320712099","repostId":"1131171227","repostType":4,"isVote":1,"tweetType":1,"viewCount":1225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":367441494,"gmtCreate":1614962900218,"gmtModify":1703483743786,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"如果台湾回归祖国,祖国又还是这个制度,台积电立马就会被制裁至死。求你了,大半夜的别吓我……","lis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10:34","market":"us","language":"zh","title":"买下13台EUV光刻机,中国芯片巨头领先三星,2022年量产3nm","url":"https://stock-news.laohu8.com/highlight/detail?id=2117881466","media":"腾讯新闻","summary":"2020年下半年,5nm芯片刚刚成为手机处理器市场主流时,台积电和三星就已经开始针对3nm工艺展开角逐。显然,在3nm工艺的量产上,中国芯片代工巨头再一次赶超三星。例如此次,该公司早在2020年,就提前为2021年的生产计划一口气买下了13台EUV光刻机。要知道,ASML的EUV光刻机,年产量不过二十多台。还有消息称,为了获得更多数量的EUV光刻机,三星还曾向ASML施压。故而,三星能否拥有足够数量的EUV光刻机,将成为GAA 3nm工艺是否能够顺利量产的关键。","content":"<html><body><article><p>2020年下半年,5nm芯片刚刚成为手机处理器市场主流时,<a href=\"https://laohu8.com/S/TSM\">台积电</a>和<a href=\"https://laohu8.com/S/SMSN.UK\">三星</a>就已经开始针对3nm工艺展开角逐。</p><p>而且,根据官方透露,双方预计量产3nm芯片的时间都在2022年。不过,前段时间台积电宣布了最新消息,<strong>公司3nm工艺的研发进度超出预期,有望提前实现量产。</strong></p><p>此消息一出,让笔者不禁为三星捏了把汗。毕竟这位韩国巨头为了赶超台积电已经筹谋已久,甚至决定在3nm工艺的量产上使用最新的GAA技术。</p><p>没想到,台积电的全球霸主地位比想象中还要牢固,技术实力更是相当强悍。</p><p>就在公布研发进度超出预期后不久,外媒又传来新消息。</p><p>3月2日,外媒MacRumors报道,<strong>DigTimes援引一份报告显示,台积电有望在2021年下半年开始风险性试产3nm制造工艺。</strong></p><p>届时,台积电的3nm工艺产能将达到3万片。<strong>受<a href=\"https://laohu8.com/S/AAPL\">苹果</a>提前交付订单的影响,台积电还计划在2020年,将3nm工艺的月产能提升至5.5万片,以满足客户的需求。</strong></p><p>显然,在3nm工艺的量产上,中国芯片代工巨头再一次赶超三星。</p><p>而台积电之所以几乎每一次都能在先进制作工艺的量产上稳稳领先一众竞争对手,除了在技术上的沉淀和积累之外,还要得益于台积电的充分准备。</p><p>例如此次,<strong>该公司早在</strong><strong>2020年,就提前为2021年的生产计划一口气买下了13台EUV光刻机。为此,台积电花费的金额预计至少是120亿元。</strong></p><p>要知道,ASML的EUV光刻机,年产量不过二十多台。台积电一次性就买下近半数的产能,绝非一般企业能做到。</p><p>这是因为,台积电既是ASML的大客户,同时又是这家荷兰光刻机制造巨头的股东之一。</p><p>虽说三星同样是ASML的股东,但该公司却没能抢过台积电。还有消息称,为了获得更多数量的EUV光刻机,三星还曾向ASML施压。</p><p>可见,三星的EUV光刻机拥有量急需扩充,尤其是在该公司决定将GAA新技术应用到3nm工艺上的情况下。</p><p>笔者了解到,<strong>虽然</strong><strong>GAA新技术相比传统的FinFET工艺,能够更为精准地控制跨通道电流,并且缩小芯片面积。但这一新技术毕竟是第一次应用,成熟度太低,而且对量产要求较高。</strong></p><p>故而,三星能否拥有足够数量的EUV光刻机,将成为GAA 3nm工艺是否能够顺利量产的关键。</p><p>文/谛林 审核/子扬 校正/知秋</p></article></body></html>","source":"tencent","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>买下13台EUV光刻机,中国芯片巨头领先三星,2022年量产3nm</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; 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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买下13台EUV光刻机,中国芯片巨头领先三星,2022年量产3nm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 10:34 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202103051039267d3839e4&s=b><strong>腾讯新闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2020年下半年,5nm芯片刚刚成为手机处理器市场主流时,台积电和三星就已经开始针对3nm工艺展开角逐。而且,根据官方透露,双方预计量产3nm芯片的时间都在2022年。不过,前段时间台积电宣布了最新消息,公司3nm工艺的研发进度超出预期,有望提前实现量产。此消息一出,让笔者不禁为三星捏了把汗。毕竟这位韩国巨头为了赶超台积电已经筹谋已久,甚至决定在3nm工艺的量产上使用最新的GAA技术。没想到,...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202103051039267d3839e4&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cdebdfe62273ac806dc3a657b1ca6182","relate_stocks":{"SMSN.UK":"三星","TSM":"台积电"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202103051039267d3839e4&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2117881466","content_text":"2020年下半年,5nm芯片刚刚成为手机处理器市场主流时,台积电和三星就已经开始针对3nm工艺展开角逐。而且,根据官方透露,双方预计量产3nm芯片的时间都在2022年。不过,前段时间台积电宣布了最新消息,公司3nm工艺的研发进度超出预期,有望提前实现量产。此消息一出,让笔者不禁为三星捏了把汗。毕竟这位韩国巨头为了赶超台积电已经筹谋已久,甚至决定在3nm工艺的量产上使用最新的GAA技术。没想到,台积电的全球霸主地位比想象中还要牢固,技术实力更是相当强悍。就在公布研发进度超出预期后不久,外媒又传来新消息。3月2日,外媒MacRumors报道,DigTimes援引一份报告显示,台积电有望在2021年下半年开始风险性试产3nm制造工艺。届时,台积电的3nm工艺产能将达到3万片。受苹果提前交付订单的影响,台积电还计划在2020年,将3nm工艺的月产能提升至5.5万片,以满足客户的需求。显然,在3nm工艺的量产上,中国芯片代工巨头再一次赶超三星。而台积电之所以几乎每一次都能在先进制作工艺的量产上稳稳领先一众竞争对手,除了在技术上的沉淀和积累之外,还要得益于台积电的充分准备。例如此次,该公司早在2020年,就提前为2021年的生产计划一口气买下了13台EUV光刻机。为此,台积电花费的金额预计至少是120亿元。要知道,ASML的EUV光刻机,年产量不过二十多台。台积电一次性就买下近半数的产能,绝非一般企业能做到。这是因为,台积电既是ASML的大客户,同时又是这家荷兰光刻机制造巨头的股东之一。虽说三星同样是ASML的股东,但该公司却没能抢过台积电。还有消息称,为了获得更多数量的EUV光刻机,三星还曾向ASML施压。可见,三星的EUV光刻机拥有量急需扩充,尤其是在该公司决定将GAA新技术应用到3nm工艺上的情况下。笔者了解到,虽然GAA新技术相比传统的FinFET工艺,能够更为精准地控制跨通道电流,并且缩小芯片面积。但这一新技术毕竟是第一次应用,成熟度太低,而且对量产要求较高。故而,三星能否拥有足够数量的EUV光刻机,将成为GAA 3nm工艺是否能够顺利量产的关键。文/谛林 审核/子扬 校正/知秋","news_type":1},"isVote":1,"tweetType":1,"viewCount":5188,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3440047170502757","authorId":"3440047170502757","name":"accelerate","avatar":"https://static.tigerbbs.com/d4c4fe2b5d189b0a66a7ad4dd28a7fc8","crmLevel":5,"crmLevelSwitch":1},"content":"真到那时候就要搬总部了,好多公司近两年总部分部都从香港转移到新加坡等地了","text":"真到那时候就要搬总部了,好多公司近两年总部分部都从香港转移到新加坡等地了","html":"真到那时候就要搬总部了,好多公司近两年总部分部都从香港转移到新加坡等地了"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":364762934,"gmtCreate":1614875248628,"gmtModify":1703482456227,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"原来阿斯麦不是欧美企业,是国企。","listText":"原来阿斯麦不是欧美企业,是国企。","text":"原来阿斯麦不是欧美企业,是国企。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364762934","repostId":"2116576383","repostType":2,"repost":{"id":"2116576383","pubTimestamp":1614847975,"share":"https://www.laohu8.com/m/news/2116576383?lang=&edition=full","pubTime":"2021-03-04 16:52","market":"us","language":"zh","title":"中芯国际与阿斯麦签订购买单 将突破欧美卡脖管制","url":"https://stock-news.laohu8.com/highlight/detail?id=2116576383","media":"中华网","summary":"金融界网3月3日消息 中芯国际 发布公告称,公司根据批量采购协议已于2020年3月16日至2021年3月2日的12个月期间就购买阿斯麦产品与阿斯麦集团签订购买单,阿斯麦购买单的总代价为12亿美元。中芯国际与阿斯麦签订购买单在上海建有一座300mm晶圆厂、一座200mm晶圆厂和一座实际控股的300mm先进製程晶圆合资厂;在北京建有一座300mm晶圆厂和一座控股的300mm晶圆厂;在天津和深圳各建有一座200mm晶圆厂;在江阴有一座控股的300mm凸块加工合资厂。","content":"<html><body><article><p><a href=\"https://laohu8.com/S/JRJC\">金融界</a>网3月3日消息 <a href=\"https://laohu8.com/S/SMI\">中芯国际</a> 发布公告称,公司根据批量采购协议已于2020年3月16日至2021年3月2日的12个月期间就购买<a href=\"https://laohu8.com/S/ASML\">阿斯麦</a>产品与阿斯麦集团签订购买单,阿斯麦购买单的总代价为12亿美元。</p><p>公告称,公司及其附属公司共同构成世界领先的集成电路晶圆代工企业之一,也是中国内地技术最先进全面、配套最完善、规模最大、跨国经营的集成电路製造企业,提供0.35微米到14纳米不同技术节点的晶圆代工与技术服务。</p><p>本集团总部位於中国上海,拥有全球化的製造和服务基地。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210304165915312d1737yvxd3ariyh\"/><p><a href=\"https://laohu8.com/S/688981\">中芯国际</a>与阿斯麦签订购买单</p><p>在上海建有一座300mm晶圆厂、一座200mm晶圆厂和一座实际控股的300mm先进製程晶圆合资厂;在北京建有一座300mm晶圆厂和一座控股的300mm晶圆厂;在天津和深圳各建有一座200mm晶圆厂;在江阴有一座控股的300mm凸块加工合资厂。</p><p>本集团还在美国、欧洲、日本和中国台湾地区设立行销办事处、提供客户服务,同时在中国香港设立了代表处。</p><p>ASMLHoldingN.V.是在荷兰註册成立的公司,并在阿姆斯特丹泛欧交易所和纳斯达克上市。ASMLHoldingN.V.為半导体业的全球领先供应商之一,向全球芯片製造商提供硬件、软件及服务。</p><p>阿斯麦香港和阿斯麦上海是ASMLHoldingN.V.的附属公司。</p><p>值得注意的是,对于这项12亿美元订单包含的产品、机器型号,公司尚未公布。而不同类型的设备,对于<a href=\"https://laohu8.com/S/00981\">中芯国际</a>研发生产能力的推进有很大不同,究竟是能解决高端芯片、还是中低端芯片的扩产,尚未可知。</p></article></body></html>","source":"tencent","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>中芯国际与阿斯麦签订购买单 将突破欧美卡脖管制</title>\n<style 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href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202103041659157a4a4199&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94cb9700f3f29d04bf8b12518f8d575f","relate_stocks":{"688981":"中芯国际","00981":"中芯国际","SMI":"VanEck HIP Sustainable Muni ETF","ASML":"阿斯麦","03165":"华夏欧优股对冲"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202103041659157a4a4199&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2116576383","content_text":"金融界网3月3日消息 中芯国际 发布公告称,公司根据批量采购协议已于2020年3月16日至2021年3月2日的12个月期间就购买阿斯麦产品与阿斯麦集团签订购买单,阿斯麦购买单的总代价为12亿美元。公告称,公司及其附属公司共同构成世界领先的集成电路晶圆代工企业之一,也是中国内地技术最先进全面、配套最完善、规模最大、跨国经营的集成电路製造企业,提供0.35微米到14纳米不同技术节点的晶圆代工与技术服务。本集团总部位於中国上海,拥有全球化的製造和服务基地。中芯国际与阿斯麦签订购买单在上海建有一座300mm晶圆厂、一座200mm晶圆厂和一座实际控股的300mm先进製程晶圆合资厂;在北京建有一座300mm晶圆厂和一座控股的300mm晶圆厂;在天津和深圳各建有一座200mm晶圆厂;在江阴有一座控股的300mm凸块加工合资厂。本集团还在美国、欧洲、日本和中国台湾地区设立行销办事处、提供客户服务,同时在中国香港设立了代表处。ASMLHoldingN.V.是在荷兰註册成立的公司,并在阿姆斯特丹泛欧交易所和纳斯达克上市。ASMLHoldingN.V.為半导体业的全球领先供应商之一,向全球芯片製造商提供硬件、软件及服务。阿斯麦香港和阿斯麦上海是ASMLHoldingN.V.的附属公司。值得注意的是,对于这项12亿美元订单包含的产品、机器型号,公司尚未公布。而不同类型的设备,对于中芯国际研发生产能力的推进有很大不同,究竟是能解决高端芯片、还是中低端芯片的扩产,尚未可知。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":365646731,"gmtCreate":1614738937823,"gmtModify":1703480502477,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"老天,去年二月澳门封关半个月,期间几乎没有赌收啊,同比当然上升啦!","listText":"老天,去年二月澳门封关半个月,期间几乎没有赌收啊,同比当然上升啦!","text":"老天,去年二月澳门封关半个月,期间几乎没有赌收啊,同比当然上升啦!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/365646731","repostId":"2116533497","repostType":2,"isVote":1,"tweetType":1,"viewCount":912,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":362835176,"gmtCreate":1614611658995,"gmtModify":1703478897051,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"晶圆和5nm有什么关系?","listText":"晶圆和5nm有什么关系?","text":"晶圆和5nm有什么关系?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/362835176","repostId":"2114379432","repostType":2,"isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":362839554,"gmtCreate":1614611418278,"gmtModify":1703478889566,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"卡个鬼,专门建一座发电厂给它!钦此","listText":"卡个鬼,专门建一座发电厂给它!钦此","text":"卡个鬼,专门建一座发电厂给它!钦此","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/362839554","repostId":"2114008753","repostType":2,"isVote":1,"tweetType":1,"viewCount":1280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":368496483,"gmtCreate":1614345026442,"gmtModify":1703476667744,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"关于上次为什么没有通胀的说法似乎有道理","listText":"关于上次为什么没有通胀的说法似乎有道理","text":"关于上次为什么没有通胀的说法似乎有道理","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368496483","repostId":"1140861561","repostType":4,"isVote":1,"tweetType":1,"viewCount":1321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":368499679,"gmtCreate":1614344580291,"gmtModify":1703476662247,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"不行!给我上战狼!","listText":"不行!给我上战狼!","text":"不行!给我上战狼!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/368499679","repostId":"1112611622","repostType":4,"isVote":1,"tweetType":1,"viewCount":1154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":368375794,"gmtCreate":1614296894718,"gmtModify":1703475934075,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"中芯投资500亿美元还是人民币?","listText":"中芯投资500亿美元还是人民币?","text":"中芯投资500亿美元还是人民币?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368375794","repostId":"2114312159","repostType":2,"isVote":1,"tweetType":1,"viewCount":923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":3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00:30","market":"us","language":"en","title":"Has Taiwan Semiconductor Manufacturing Company (TSM) Outpaced Other Computer and Technology Stocks This Year?","url":"https://stock-news.laohu8.com/highlight/detail?id=2110026243","media":"Zacks","summary":"Investors focused on the Computer and Technology space have likely heard of Taiwan Semiconductor Man","content":"<html><body><p>Investors focused on the Computer and Technology space have likely heard of Taiwan Semiconductor Manufacturing Company (TSM), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.</p>\n<p>Taiwan Semiconductor Manufacturing Company is a member of the Computer and Technology sector. This group includes 631 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.</p>\n<p>The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next <a href=\"https://laohu8.com/S/AONE\">one</a> to three months. TSM is currently sporting a Zacks Rank of #2 (Buy).</p>\n<p>Over the past 90 days, the Zacks Consensus Estimate for TSM's full-year earnings has moved 9.41% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.</p>\n<p>Based on the latest available data, TSM has gained about 22.61% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 10.21% on a year-to-date basis. This means that Taiwan Semiconductor Manufacturing Company is performing better than its sector in terms of year-to-date returns.</p>\n<p>Looking more specifically, TSM belongs to the Semiconductor - Circuit Foundry industry, a group that includes 1 individual stocks and currently sits at #4 in the Zacks Industry Rank. On average, stocks in this group have gained 22.61% this year, meaning that TSM is performing on par in terms of year-to-date returns.</p>\n<p>Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to TSM as it looks to continue its solid performance.</p>\n<br/>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. \nClick to get this free report\n<br/> \n<br/>\nTo read this article on Zacks.com click here.</body></html>","source":"yahoofinance","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>Has Taiwan Semiconductor Manufacturing Company (TSM) Outpaced Other Computer and Technology Stocks This Year?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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\">\nHas Taiwan Semiconductor Manufacturing Company (TSM) Outpaced Other Computer and Technology Stocks This Year?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-12 00:30 GMT+8 <a href=https://finance.yahoo.com/news/taiwan-semiconductor-manufacturing-company-tsm-163004842.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors focused on the Computer and Technology space have likely heard of Taiwan Semiconductor Manufacturing Company (TSM), but is the stock performing well in comparison to the rest of its sector ...</p>\n\n<a href=\"https://finance.yahoo.com/news/taiwan-semiconductor-manufacturing-company-tsm-163004842.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/0hxLqfjYVq3.yjMAVUJdzw--~B/aD03NDU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/UPInF06X6fJkTqeimnpZuQ--~B/aD03NDU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/078b2d95159d12a337f09f2519ff10ba","relate_stocks":{"03145":"华夏亚洲高息股","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/taiwan-semiconductor-manufacturing-company-tsm-163004842.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2110026243","content_text":"Investors focused on the Computer and Technology space have likely heard of Taiwan Semiconductor Manufacturing Company (TSM), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.\nTaiwan Semiconductor Manufacturing Company is a member of the Computer and Technology sector. This group includes 631 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.\nThe Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. TSM is currently sporting a Zacks Rank of #2 (Buy).\nOver the past 90 days, the Zacks Consensus Estimate for TSM's full-year earnings has moved 9.41% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.\nBased on the latest available data, TSM has gained about 22.61% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 10.21% on a year-to-date basis. This means that Taiwan Semiconductor Manufacturing Company is performing better than its sector in terms of year-to-date returns.\nLooking more specifically, TSM belongs to the Semiconductor - Circuit Foundry industry, a group that includes 1 individual stocks and currently sits at #4 in the Zacks Industry Rank. On average, stocks in this group have gained 22.61% this year, meaning that TSM is performing on par in terms of year-to-date returns.\nGoing forward, investors interested in Computer and Technology stocks should continue to pay close attention to TSM as it looks to continue its solid performance.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. \nClick to get this free report\n \n\nTo read this article on Zacks.com click here.","news_type":1},"isVote":1,"tweetType":1,"viewCount":913,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":367441494,"gmtCreate":1614962900218,"gmtModify":1703483743786,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"如果台湾回归祖国,祖国又还是这个制度,台积电立马就会被制裁至死。求你了,大半夜的别吓我……","listText":"如果台湾回归祖国,祖国又还是这个制度,台积电立马就会被制裁至死。求你了,大半夜的别吓我……","text":"如果台湾回归祖国,祖国又还是这个制度,台积电立马就会被制裁至死。求你了,大半夜的别吓我……","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/367441494","repostId":"2117881466","repostType":2,"isVote":1,"tweetType":1,"viewCount":5188,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3440047170502757","authorId":"3440047170502757","name":"accelerate","avatar":"https://static.tigerbbs.com/d4c4fe2b5d189b0a66a7ad4dd28a7fc8","crmLevel":5,"crmLevelSwitch":1},"content":"真到那时候就要搬总部了,好多公司近两年总部分部都从香港转移到新加坡等地了","text":"真到那时候就要搬总部了,好多公司近两年总部分部都从香港转移到新加坡等地了","html":"真到那时候就要搬总部了,好多公司近两年总部分部都从香港转移到新加坡等地了"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":320712099,"gmtCreate":1615176705711,"gmtModify":1703485230256,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"请问受哪个外围市场拖累?火星?","listText":"请问受哪个外围市场拖累?火星?","text":"请问受哪个外围市场拖累?火星?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/320712099","repostId":"1131171227","repostType":4,"isVote":1,"tweetType":1,"viewCount":1225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":358294288,"gmtCreate":1616691699244,"gmtModify":1616691699244,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"美国没有资格审计我们,中国人不吃这一套!","listText":"美国没有资格审计我们,中国人不吃这一套!","text":"美国没有资格审计我们,中国人不吃这一套!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/358294288","repostId":"1118741472","repostType":4,"isVote":1,"tweetType":1,"viewCount":1269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":368499679,"gmtCreate":1614344580291,"gmtModify":1703476662247,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"不行!给我上战狼!","listText":"不行!给我上战狼!","text":"不行!给我上战狼!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/368499679","repostId":"1112611622","repostType":4,"isVote":1,"tweetType":1,"viewCount":1154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":369833138,"gmtCreate":1614014908624,"gmtModify":1614014908624,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"环球时报的文章最好不要看","listText":"环球时报的文章最好不要看","text":"环球时报的文章最好不要看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/369833138","repostId":"2112687847","repostType":2,"isVote":1,"tweetType":1,"viewCount":989,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":369896951,"gmtCreate":1614013691373,"gmtModify":1614013691373,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"瞎扯!我没查到阿斯麦的股票东里有台积电","listText":"瞎扯!我没查到阿斯麦的股票东里有台积电","text":"瞎扯!我没查到阿斯麦的股票东里有台积电","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/369896951","repostId":"2113806293","repostType":2,"repost":{"id":"2113806293","pubTimestamp":1613972931,"share":"https://www.laohu8.com/m/news/2113806293?lang=&edition=full","pubTime":"2021-02-22 13:48","market":"us","language":"zh","title":"芯片巨头始料未及,台积电官宣新消息,超车成天方夜谭","url":"https://stock-news.laohu8.com/highlight/detail?id=2113806293","media":"嗅侃","summary":"芯片制造领域内,目前有两大巨大巨头,一个是台积电,一个是三星,因为这两者都能够量产7nm以下制程的芯片,也是唯二两家。数据显示,由于台积电仅做晶圆代工业务,其拿下了全球超过50%的芯片代工订单,而三星拥有整个芯片产业链,此前也没有全面开放晶圆代工业务,仅拿下了18%的市场份额。一直以来,三星都想超越台积电成为第一,所以其早就挖取了台积电的梁孟松,比台积电早量产了14nm制程的芯片,结果却因为技术不成熟翻车了。","content":"<html><body><article><p>芯片制造领域内,目前有两大巨大巨头,一个是<a href=\"https://laohu8.com/S/TSM\">台积电</a>,一个是<a href=\"https://laohu8.com/S/SMSN.UK\">三星</a>,因为这两者都能够量产7nm以下制程的芯片,也是唯二两家。</p><p>数据显示,由于台积电仅做晶圆代工业务,其拿下了全球超过50%的芯片代工订单,而三星拥有整个芯片产业链,此前也没有全面开放晶圆代工业务,仅拿下了18%的市场份额。</p><p>一直以来,三星都想超越台积电成为第一,所以其早就挖取了台积电的梁孟松,比台积电早量产了14nm制程的芯片,结果却因为技术不成熟翻车了。‘</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210222232343556v235ybktlkxb0sb\"/><p>尽管如此,三星仍没有放弃超越台积电的想法,2020年再次实施计划。</p><p>一方面是因为美国修改规则,另外一方面是因为三星手机业务萎靡不振,半导体业务成为三星营收的主要贡献者。</p><p>于是,三星动作频频,宣布将投资千亿美元,预计在2030年之前赶超台积电,成为芯片制造领域内领先者。</p><p>另外,三星还宣布全面开放晶圆代工业务,争夺更多芯片订单,提高市场份额的同时,还能加速技术发展,毕竟芯片生产制造技术需要大量的数据支撑。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210222232343999v235lz4x1pngrt8\"/><p>还有就是,三星深知要想发展先进工艺,必须要拥有更多的先进光刻机,所以李在镕亲自前往ASML协商购买更多EUV光刻机,并表达了想要优先获得下一代EUV光刻机的想法。</p><p>最主要的是,三星为了在订单方面超越台积电,其已经计划在美国投资170亿美元建设3nm的芯片生产线,与台积电在美国争夺订单。</p><p>但没有想到的是,台积电突然官宣新消息,情况是这样的。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210222232344489v235ut32chb6ocb\"/><p><strong>在固态芯片国际会议上,台积电刘德音正式对外表示,3nm芯片将会在今年下半年试产,2022年量产,同时,3nm的芯片发展超越了预期,一切都能够按照预期、节点发展。</strong></p><p>而这一消息的宣布,让芯片巨头三星始料未及。</p><p>因为三星计划在2022年量产3nm制程的芯片,但三星始终都没有给出明确的时间点。</p><p>如今,台积电将在今年下半年试产3nm芯片,这意味着台积电在3nm芯片上将再次领先于三星。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210222232345191v2350q6xiohpyr0\"/><p>另外,台积电在3nm芯片上,依旧是采用FinFET架构,将GAA技术留在2nm等芯片,但三星则直接采用GAA技术制造3nm芯片。</p><p>从技术角度上,台积电还是处于领先地位,FinFET架构更为成熟,能够更好的保证良品率,尽管GAA是新技术,也是未来趋势,但就目前而言,其还面临不少的不确定性。</p><p>也正是因为如此,才说芯片巨头始料未及。</p><p><strong>超车成天方夜谭</strong></p><p>三星一直都想超越台积电成为第一,但就目前来看,三星超车成天方夜谭,原因有三点。</p><p>首先,三星研发投入不如台积电。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210222232345734v235bbhcwf7bt16\"/><p>三星宣布在未来10年投资千亿美元到芯片领域内,但台积电仅在2020年底就投资151亿美元发展新工艺,又将2021年的资本支出提升到280亿美元。</p><p>从数字上看,台积电在芯片方面的投资是远高于三星的。</p><p>其次,三星是全产业链,而台积电则专注芯片制造。</p><p>据悉,三星落后台积电,很大一部分原因就是因为三星要全面兼顾,不能将有限的资金集中在一方面,其不仅要兼顾芯片研发,还要兼顾芯片制造。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210222232346344v235akz4opwjif7\"/><p>但台积电只需要专注芯片制造就行了,所以其能够更快地实现技术突破,而<a href=\"https://laohu8.com/S/INTC\">英特尔</a>落后,也是因为其需要兼顾芯片研发、制造等。</p><p>最后,三星在EUV光刻机数量方面落后,而台积电2021年底将安装超50台EUV光刻机,三星可能在30台左右。</p><p>另外,台积电是ASML的最大股东,ASML的光刻机自然优先供应台积电,三星要想在光刻机设备方面领先是难以实现的,所以三星超车成天方夜谭。</p><p>对于三星和台积电,你们怎么看,欢迎留言、点赞、分享。</p></article></body></html>","source":"tencent","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>芯片巨头始料未及,台积电官宣新消息,超车成天方夜谭</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; 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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芯片巨头始料未及,台积电官宣新消息,超车成天方夜谭\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-22 13:48 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021022223234879b4309b&s=b><strong>嗅侃</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>芯片制造领域内,目前有两大巨大巨头,一个是台积电,一个是三星,因为这两者都能够量产7nm以下制程的芯片,也是唯二两家。数据显示,由于台积电仅做晶圆代工业务,其拿下了全球超过50%的芯片代工订单,而三星拥有整个芯片产业链,此前也没有全面开放晶圆代工业务,仅拿下了18%的市场份额。一直以来,三星都想超越台积电成为第一,所以其早就挖取了台积电的梁孟松,比台积电早量产了14nm制程的芯片,结果却因为技术不...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021022223234879b4309b&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/975836d8c6eb511241583dccb0d387f2","relate_stocks":{"TSM":"台积电","03145":"华夏亚洲高息股","EWT":"台湾ETF-iShares MSCI"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021022223234879b4309b&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2113806293","content_text":"芯片制造领域内,目前有两大巨大巨头,一个是台积电,一个是三星,因为这两者都能够量产7nm以下制程的芯片,也是唯二两家。数据显示,由于台积电仅做晶圆代工业务,其拿下了全球超过50%的芯片代工订单,而三星拥有整个芯片产业链,此前也没有全面开放晶圆代工业务,仅拿下了18%的市场份额。一直以来,三星都想超越台积电成为第一,所以其早就挖取了台积电的梁孟松,比台积电早量产了14nm制程的芯片,结果却因为技术不成熟翻车了。‘尽管如此,三星仍没有放弃超越台积电的想法,2020年再次实施计划。一方面是因为美国修改规则,另外一方面是因为三星手机业务萎靡不振,半导体业务成为三星营收的主要贡献者。于是,三星动作频频,宣布将投资千亿美元,预计在2030年之前赶超台积电,成为芯片制造领域内领先者。另外,三星还宣布全面开放晶圆代工业务,争夺更多芯片订单,提高市场份额的同时,还能加速技术发展,毕竟芯片生产制造技术需要大量的数据支撑。还有就是,三星深知要想发展先进工艺,必须要拥有更多的先进光刻机,所以李在镕亲自前往ASML协商购买更多EUV光刻机,并表达了想要优先获得下一代EUV光刻机的想法。最主要的是,三星为了在订单方面超越台积电,其已经计划在美国投资170亿美元建设3nm的芯片生产线,与台积电在美国争夺订单。但没有想到的是,台积电突然官宣新消息,情况是这样的。在固态芯片国际会议上,台积电刘德音正式对外表示,3nm芯片将会在今年下半年试产,2022年量产,同时,3nm的芯片发展超越了预期,一切都能够按照预期、节点发展。而这一消息的宣布,让芯片巨头三星始料未及。因为三星计划在2022年量产3nm制程的芯片,但三星始终都没有给出明确的时间点。如今,台积电将在今年下半年试产3nm芯片,这意味着台积电在3nm芯片上将再次领先于三星。另外,台积电在3nm芯片上,依旧是采用FinFET架构,将GAA技术留在2nm等芯片,但三星则直接采用GAA技术制造3nm芯片。从技术角度上,台积电还是处于领先地位,FinFET架构更为成熟,能够更好的保证良品率,尽管GAA是新技术,也是未来趋势,但就目前而言,其还面临不少的不确定性。也正是因为如此,才说芯片巨头始料未及。超车成天方夜谭三星一直都想超越台积电成为第一,但就目前来看,三星超车成天方夜谭,原因有三点。首先,三星研发投入不如台积电。三星宣布在未来10年投资千亿美元到芯片领域内,但台积电仅在2020年底就投资151亿美元发展新工艺,又将2021年的资本支出提升到280亿美元。从数字上看,台积电在芯片方面的投资是远高于三星的。其次,三星是全产业链,而台积电则专注芯片制造。据悉,三星落后台积电,很大一部分原因就是因为三星要全面兼顾,不能将有限的资金集中在一方面,其不仅要兼顾芯片研发,还要兼顾芯片制造。但台积电只需要专注芯片制造就行了,所以其能够更快地实现技术突破,而英特尔落后,也是因为其需要兼顾芯片研发、制造等。最后,三星在EUV光刻机数量方面落后,而台积电2021年底将安装超50台EUV光刻机,三星可能在30台左右。另外,台积电是ASML的最大股东,ASML的光刻机自然优先供应台积电,三星要想在光刻机设备方面领先是难以实现的,所以三星超车成天方夜谭。对于三星和台积电,你们怎么看,欢迎留言、点赞、分享。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":314823733,"gmtCreate":1612334557722,"gmtModify":1703760479191,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"炒尼马,难怪苹果的电池这么糟糕!","listText":"炒尼马,难怪苹果的电池这么糟糕!","text":"炒尼马,难怪苹果的电池这么糟糕!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/314823733","repostId":"1151734863","repostType":4,"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":351968281,"gmtCreate":1616554083343,"gmtModify":1616554083343,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"换一个CEO就能解决问题,之前的那位难道就没想过?","listText":"换一个CEO就能解决问题,之前的那位难道就没想过?","text":"换一个CEO就能解决问题,之前的那位难道就没想过?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/351968281","repostId":"2121430548","repostType":2,"isVote":1,"tweetType":1,"viewCount":1581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":364762934,"gmtCreate":1614875248628,"gmtModify":1703482456227,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"原来阿斯麦不是欧美企业,是国企。","listText":"原来阿斯麦不是欧美企业,是国企。","text":"原来阿斯麦不是欧美企业,是国企。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364762934","repostId":"2116576383","repostType":2,"isVote":1,"tweetType":1,"viewCount":1428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":358651852,"gmtCreate":1616686981476,"gmtModify":1616686981476,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"我对"金融投資報"的评价下调为C-(骗子级)","listText":"我对"金融投資報"的评价下调为C-(骗子级)","text":"我对"金融投資報"的评价下调为C-(骗子级)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358651852","repostId":"2122412703","repostType":2,"isVote":1,"tweetType":1,"viewCount":1709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":358653592,"gmtCreate":1616686900816,"gmtModify":1616686900816,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"难道普通股就不是债,你故意糊弄人吗?","listText":"难道普通股就不是债,你故意糊弄人吗?","text":"难道普通股就不是债,你故意糊弄人吗?","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17:33","market":"us","language":"zh","title":"快讯|台积电5nm晶圆产能提升 利好产业链相关企业","url":"https://stock-news.laohu8.com/highlight/detail?id=2114379432","media":"财经网","summary":"财经网科技2月26日讯,据媒体报道,今年上半年台积电5nm晶圆的月产能将从9万片提升到10.5万片,下半年进一步提升到12万片,增产幅度达到33%左右。就目前掌握的资料,苹果年内应该还会发布第二代5nm处理器A15,M1的升级版(M1X、M2)等,AMD Zen4大概率会在今年登场,但也有消息称AMD或会先一步拿出6nm工艺的Zen3+产品过渡。","content":"<div>\n<p>财经网科技2月26日讯,据媒体报道,今年上半年台积电5nm晶圆的月产能将从9万片提升到10.5万片,下半年进一步提升到12万片,增产幅度达到33%左右。就目前掌握的资料,苹果年内应该还会发布第二代5nm处理器A15,M1的升级版(M1X、M2)等,AMD Zen4大概率会在今年登场,但也有消息称AMD或会先一步拿出6nm工艺的Zen3+产品过渡。</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021022617351579b4b181&s=b\">Web Link</a>\n\n</div>\n","source":"tencent","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>快讯|台积电5nm晶圆产能提升 利好产业链相关企业</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; 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.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快讯|台积电5nm晶圆产能提升 利好产业链相关企业\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 17:33 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021022617351579b4b181&s=b><strong>财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>财经网科技2月26日讯,据媒体报道,今年上半年台积电5nm晶圆的月产能将从9万片提升到10.5万片,下半年进一步提升到12万片,增产幅度达到33%左右。就目前掌握的资料,苹果年内应该还会发布第二代5nm处理器A15,M1的升级版(M1X、M2)等,AMD Zen4大概率会在今年登场,但也有消息称AMD或会先一步拿出6nm工艺的Zen3+产品过渡。</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021022617351579b4b181&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/975836d8c6eb511241583dccb0d387f2","relate_stocks":{"EWT":"台湾ETF-iShares MSCI","03145":"华夏亚洲高息股","TSM":"台积电"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021022617351579b4b181&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2114379432","content_text":"财经网科技2月26日讯,据媒体报道,今年上半年台积电5nm晶圆的月产能将从9万片提升到10.5万片,下半年进一步提升到12万片,增产幅度达到33%左右。就目前掌握的资料,苹果年内应该还会发布第二代5nm处理器A15,M1的升级版(M1X、M2)等,AMD Zen4大概率会在今年登场,但也有消息称AMD或会先一步拿出6nm工艺的Zen3+产品过渡。","news_type":1},"isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":362839554,"gmtCreate":1614611418278,"gmtModify":1703478889566,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"卡个鬼,专门建一座发电厂给它!钦此","listText":"卡个鬼,专门建一座发电厂给它!钦此","text":"卡个鬼,专门建一座发电厂给它!钦此","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/362839554","repostId":"2114008753","repostType":2,"isVote":1,"tweetType":1,"viewCount":1280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":368496483,"gmtCreate":1614345026442,"gmtModify":1703476667744,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"关于上次为什么没有通胀的说法似乎有道理","listText":"关于上次为什么没有通胀的说法似乎有道理","text":"关于上次为什么没有通胀的说法似乎有道理","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368496483","repostId":"1140861561","repostType":4,"isVote":1,"tweetType":1,"viewCount":1321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":368375794,"gmtCreate":1614296894718,"gmtModify":1703475934075,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"中芯投资500亿美元还是人民币?","listText":"中芯投资500亿美元还是人民币?","text":"中芯投资500亿美元还是人民币?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368375794","repostId":"2114312159","repostType":2,"repost":{"id":"2114312159","pubTimestamp":1614234261,"share":"https://www.laohu8.com/m/news/2114312159?lang=&edition=full","pubTime":"2021-02-25 14:24","market":"us","language":"zh","title":"500亿元!中国芯片巨头传来好消息,产能可媲美台积电了?","url":"https://stock-news.laohu8.com/highlight/detail?id=2114312159","media":"大嘴猴侃科技","summary":"但就在这个关键时刻,中国芯片巨头传来好消息,斥资500亿元,产能可媲美台积电了?中国芯片巨头传来好消息这家中国巨头的名字叫做中芯国际,相信大家都非常熟悉,因为中芯一直是国内最大的芯片代工厂商,业务和台积电没有太大的区别。正因于此,才会有人表示,如今中芯的产能可媲美台积电了?写在最后不管怎样,中芯国际都可以说是国内芯片制造行业的典型代表,它传来的好消息就是国产芯片的好消息。","content":"<html><body><article><p>缺芯问题日益严峻</p><p>从去年下半年开始,全球范围内很多公司或工厂就曝出了缺芯的问题,由于相关芯片供应不足,导致它们不得不减产甚至是停产,造成了一系列不良的后果。而进入到2021年之后,缺芯问题日益严峻,就连某些世界知名的大企业也难以幸免,这股“风暴”必须要引起重视。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210225173527285v235pdkmthrshx4\"/><p>大家都知道,芯片是当代最核心的科学技术之一,不仅决定了半导体行业的发展前途,还深深地影响着各行各业,具有不可代替的重要意义。但可惜的是,放眼全球,能生产出芯片的企业并不多,它们为整个市场提供了最基本的供应保障,绝对不能出问题。</p><p>举个简单的例子,<a href=\"https://laohu8.com/S/TSM\">台积电</a>是目前最大最先进的芯片代工厂,每年都能拿走芯片代工市场一半以上的订单,比其它代工厂加起来还要多。此外,台积电的工艺技术也是最先进的,不仅生产出了10亿颗7nm芯片,还率先实现了5nm芯片的量产,就连3nm也在计划之中。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210225173528073v235p31bu39cbap\"/><p>因此,纵观整个半导体行业,台积电的客户实力都可以说是最强大的,无论是一众美企巨头,还是别的一些小公司,都仰仗台积电的芯片供应。</p><p>然而就如今的情况来看,台积电的处境并不是很客观,其产能提升没有想象中那么大,无法保证每个客户的订单都能够顺利完成。这样一来,那些得不到芯片供应的公司自然会出现缺芯的问题,而且这还只是台积电一家芯片代工厂带来的影响。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210225173534166v235i0sw9uitujk\"/><p>再算上其它的代工厂,它们的实力连台积电都赶不上,肯定也保障不了客户的芯片供应。如此一来,缺芯就变成了一个普遍的现象,一时间也没有太好的解决办法。但就在这个关键时刻,中国芯片巨头传来好消息,斥资500亿元,产能可媲美台积电了?</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210225173535265v2358s7wf5bn0am\"/><p>中国芯片巨头传来好消息</p><p>这家中国巨头的名字叫做<a href=\"https://laohu8.com/S/SMI\">中芯国际</a>,相信大家都非常熟悉,因为中芯一直是国内最大的芯片代工厂商,业务和台积电没有太大的区别。根据最新排名显示,在全球芯片代工市场,台积电第一,<a href=\"https://laohu8.com/S/SMSN.UK\">三星</a>第二,而中芯则被排在了第五位,也算得上是名列前茅。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210225173535503v2357n4n2yvzml8\"/><p>虽然就整体水平和客户实力而言,中芯离台积电还有一定的差距,但是随着缺芯问题的日渐加剧,台积电逐渐自顾不暇,而这对于中芯来说,却是一次难得的机会。据了解,为了提高产能并突破到更先进的工艺技术,中芯投资了整整500亿元,增设了两家工厂。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210225173536140v235wmvodkl4vni\"/><p>工厂越多就代表着芯片的产能越高,所以中芯的投资是非常有道理的,可以帮助国内减轻缺芯带来的不利影响。据悉,近日<a href=\"https://laohu8.com/S/688981\">中芯国际</a>传来好消息,新开设的两家工厂已经提上了日程,预计在2024年就能正式投入使用,实现每月10万片的晶圆产能不是梦!</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210225173537005v235yiptkyvhkxw\"/><p>正因于此,才会有人表示,如今中芯的产能可媲美台积电了?虽然这样说还有点为时过早,毕竟中芯的工厂还未建成,但有一点可以肯定的是,中芯对于扩充芯片产能的投资一点都不含糊,在这方面已经赶得上台积电了。</p><p>不仅如此,<a href=\"https://laohu8.com/S/00981\">中芯国际</a>的工艺技术也在不断地向前进步,无论是N+1工艺还是独特的生产模式,都在向台积电看齐。据了解,其实中芯国际的极限制程并不是7nm,而是5nm甚至是3nm芯片,只是由于缺少EUV光刻机,导致无法实现量产而已。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210225173537991v2352dabrajgr6i\"/><p>写在最后</p><p>不管怎样,中芯国际都可以说是国内芯片制造行业的典型代表,它传来的好消息就是国产芯片的好消息。希望将来中芯国际能成长为像台积电这样的顶级代工巨头,到时候国内的芯片供应就不需要借助其它厂商了,中芯也能获得更好的发展。</p><p>对此,你们怎么看呢?欢迎留言和转发。</p></article></body></html>","source":"tencent","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>500亿元!中国芯片巨头传来好消息,产能可媲美台积电了?</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; 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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\">\n500亿元!中国芯片巨头传来好消息,产能可媲美台积电了?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 14:24 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202102251735407b57c5cd&s=b><strong>大嘴猴侃科技</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>缺芯问题日益严峻从去年下半年开始,全球范围内很多公司或工厂就曝出了缺芯的问题,由于相关芯片供应不足,导致它们不得不减产甚至是停产,造成了一系列不良的后果。而进入到2021年之后,缺芯问题日益严峻,就连某些世界知名的大企业也难以幸免,这股“风暴”必须要引起重视。大家都知道,芯片是当代最核心的科学技术之一,不仅决定了半导体行业的发展前途,还深深地影响着各行各业,具有不可代替的重要意义。但可惜的是,放眼...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202102251735407b57c5cd&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/975836d8c6eb511241583dccb0d387f2","relate_stocks":{"EWT":"台湾ETF-iShares MSCI","03145":"华夏亚洲高息股","TSM":"台积电"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202102251735407b57c5cd&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2114312159","content_text":"缺芯问题日益严峻从去年下半年开始,全球范围内很多公司或工厂就曝出了缺芯的问题,由于相关芯片供应不足,导致它们不得不减产甚至是停产,造成了一系列不良的后果。而进入到2021年之后,缺芯问题日益严峻,就连某些世界知名的大企业也难以幸免,这股“风暴”必须要引起重视。大家都知道,芯片是当代最核心的科学技术之一,不仅决定了半导体行业的发展前途,还深深地影响着各行各业,具有不可代替的重要意义。但可惜的是,放眼全球,能生产出芯片的企业并不多,它们为整个市场提供了最基本的供应保障,绝对不能出问题。举个简单的例子,台积电是目前最大最先进的芯片代工厂,每年都能拿走芯片代工市场一半以上的订单,比其它代工厂加起来还要多。此外,台积电的工艺技术也是最先进的,不仅生产出了10亿颗7nm芯片,还率先实现了5nm芯片的量产,就连3nm也在计划之中。因此,纵观整个半导体行业,台积电的客户实力都可以说是最强大的,无论是一众美企巨头,还是别的一些小公司,都仰仗台积电的芯片供应。然而就如今的情况来看,台积电的处境并不是很客观,其产能提升没有想象中那么大,无法保证每个客户的订单都能够顺利完成。这样一来,那些得不到芯片供应的公司自然会出现缺芯的问题,而且这还只是台积电一家芯片代工厂带来的影响。再算上其它的代工厂,它们的实力连台积电都赶不上,肯定也保障不了客户的芯片供应。如此一来,缺芯就变成了一个普遍的现象,一时间也没有太好的解决办法。但就在这个关键时刻,中国芯片巨头传来好消息,斥资500亿元,产能可媲美台积电了?中国芯片巨头传来好消息这家中国巨头的名字叫做中芯国际,相信大家都非常熟悉,因为中芯一直是国内最大的芯片代工厂商,业务和台积电没有太大的区别。根据最新排名显示,在全球芯片代工市场,台积电第一,三星第二,而中芯则被排在了第五位,也算得上是名列前茅。虽然就整体水平和客户实力而言,中芯离台积电还有一定的差距,但是随着缺芯问题的日渐加剧,台积电逐渐自顾不暇,而这对于中芯来说,却是一次难得的机会。据了解,为了提高产能并突破到更先进的工艺技术,中芯投资了整整500亿元,增设了两家工厂。工厂越多就代表着芯片的产能越高,所以中芯的投资是非常有道理的,可以帮助国内减轻缺芯带来的不利影响。据悉,近日中芯国际传来好消息,新开设的两家工厂已经提上了日程,预计在2024年就能正式投入使用,实现每月10万片的晶圆产能不是梦!正因于此,才会有人表示,如今中芯的产能可媲美台积电了?虽然这样说还有点为时过早,毕竟中芯的工厂还未建成,但有一点可以肯定的是,中芯对于扩充芯片产能的投资一点都不含糊,在这方面已经赶得上台积电了。不仅如此,中芯国际的工艺技术也在不断地向前进步,无论是N+1工艺还是独特的生产模式,都在向台积电看齐。据了解,其实中芯国际的极限制程并不是7nm,而是5nm甚至是3nm芯片,只是由于缺少EUV光刻机,导致无法实现量产而已。写在最后不管怎样,中芯国际都可以说是国内芯片制造行业的典型代表,它传来的好消息就是国产芯片的好消息。希望将来中芯国际能成长为像台积电这样的顶级代工巨头,到时候国内的芯片供应就不需要借助其它厂商了,中芯也能获得更好的发展。对此,你们怎么看呢?欢迎留言和转发。","news_type":1},"isVote":1,"tweetType":1,"viewCount":923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384138464,"gmtCreate":1613623586658,"gmtModify":1613623586658,"author":{"id":"3453159538137953","authorId":"3453159538137953","name":"城市隐者","avatar":"https://static.laohu8.com/4e98610ace60d43d993c4e944f6cb3e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"一毛錢的一盒雞蛋、幾分錢的一斤蔬菜、一元錢的甜瓜……不信!","listText":"一毛錢的一盒雞蛋、幾分錢的一斤蔬菜、一元錢的甜瓜……不信!","text":"一毛錢的一盒雞蛋、幾分錢的一斤蔬菜、一元錢的甜瓜……不信!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384138464","repostId":"2112350148","repostType":2,"repost":{"id":"2112350148","pubTimestamp":1613531940,"share":"https://www.laohu8.com/m/news/2112350148?lang=&edition=full","pubTime":"2021-02-17 11:19","market":"us","language":"zh","title":"春节回乡纪实:除了拼多多,下沉市场还有哪些新经济正在茁壮成长?","url":"https://stock-news.laohu8.com/highlight/detail?id=2112350148","media":"创业邦","summary":"蜜雪冰城另外,春节期间,笔者在家乡几乎所有商场内看到了蜜雪冰城的店铺,且时时处于人满为患的境地,周边商户赤裸裸的羡慕嫉妒恨无不显示蜜雪冰城在下沉市场的受欢迎程度。水滴筹除了以上日常接触较多的行业和企业之外,还有一些企业也在通过下沉市场快速发展。自2017年下半年起,51Talk开始启动城市下沉战略,将更多精力投入下沉市场。而财报的数据证明,要想获得新的增长,必须要抓住正在成长起来的下沉市场。","content":"<html><body><article><p>进入春节已近一周,地处晋陕豫交界处的某地级市依然如往昔一般——相对一线城市隆重很多的年味、无甚改观的城市建设、乡土文化颇重的人文面貌,但在这些一览无遗的表象下,人们的消费层面正在暗流涌动:在移动互联网普及、物流水平快速提升、政策红利逐步释放等综合因素下,40余万消费者在消费路径、消费习惯、消费认知等方面正在发生天翻地覆的变化。</p><p>笔者在回乡的十天时间内看到了太多今非昔比的消费差异性,涉及到了电商、快消品、连锁餐饮、出行、传媒、短视频等多种行业,这不仅意味着一二线城市之外更广阔的下沉市场正在快速升温发酵,也彰显了中国经济发展路径的全新变化,尤其是在<a href=\"https://laohu8.com/S/PDD\">拼多多</a>、淘宝、<a href=\"https://laohu8.com/S/JD\">京东</a>等互联网电商巨头纷纷布局下沉市场并获得巨大成功之外,究竟还有哪些新经济正在掘金下沉市场?不妨跟随笔者一探究竟。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210217114109982v1731077fzoy93j\"/><p><strong>快手</strong></p><p>首先要说的一定是刚刚在港股上市的快手。</p><p>2月5日,快手今日在港交所挂牌上市,发行价115港元/股。且很快升至300港元/股,<span>总市值</span>超1.23万亿港元,折合1587亿美元,相当于两个小米,三个B站。按市值算,快手成功跻身于中国已上市互联网公司前五名,仅次于<a href=\"https://laohu8.com/S/00700\">腾讯</a>、阿里、美团和拼多多。</p><p>而快手之所以能取得如此成就,正是源于其对下沉市场用户群画像的深入研究和产品层面天然的娱乐属性——在用户层面,闲暇时间较为充裕但娱乐生活很匮乏,这样的矛盾即为快手提供了发酵土壤;在产品层面,短视频形式已经成为了一种全新的娱乐方式,尤其在下沉市场可以达到73%的渗透率,且有66%的用户对短视频的喜爱超过了长视频。</p><p>据此,快手通过对下沉市场的全面布局,逐步充实了用户的碎片时间,也抢先占领了用户心智。</p><p>就像笔者在家乡亲眼所见:周遭的大部分亲人或朋友、大人或小朋友闲暇之余都在快手APP端疯狂的刷视频,尤其是过年期间各种应景儿的短视频更是让所有受众感受到了某种亲切感和价值属性的认同,正如快手创始人程一笑所期待的那样:快手真正成了老铁喜欢的APP。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210217114110859v173k7ul49iwyvo\"/><p><strong>橙心优选</strong></p><p>另外,笔者在家也切实看到了传说中的社区团购平台。</p><p>作为一个纯粹的“北漂”,笔者对于社区团购向来是“只闻其声不见其人”,而此次在老家却亲自目睹了社区团购的火爆——尤其是橙心优选平台,已经成了笔者父母每天都要认真“逛逛”的网上菜市场。在橙心优选平台,笔者真正看到了售价一毛钱的一盒鸡蛋、几分钱的一斤蔬菜、一元钱的甜瓜……</p><p>橙心优选,这家由互联网出行巨头滴滴孵化的社区团购平台,春节不打烊、持续服务着城市居民在柴米油盐酱醋茶等居家生活方面的购物需求。</p><p>2020年中期开始爆发的社区团购赛道,已经汇聚了腾讯、阿里、拼多多、美团、滴滴等一众互联网头部企业,他们在和兴盛优选及十荟团等老牌社区团购平台四处竞争的同时,让社区居民得到了实实在在的好处。</p><p>可以预见的是,社区团购行业不仅会重塑国内电商行业的竞争格局,也会引导社区居民一改传统的消费方式和消费习惯。<strong>哈罗单车</strong></p><p>说完了娱乐及电商,笔者还看到了家乡父老在出行上的变化。</p><p>除了日常使用的滴滴打车,最后三公里的出行已经被哈罗单车统治——至少笔者及亲朋在春节期间的近距离通勤,都是使用哈罗单车。</p><p>与美团单车、青桔单车并驾齐驱的哈罗单车,虽然如今业已进入一二线城市,但作为最早布局三四五线城市的品牌,哈罗单车迄今仍然是下沉市场共享单车领域更有话语权的领导者。</p><p>虽然在笔者看来,家乡各个商圈及社区周边充斥着各色的单车,但貌似哈罗单车的数量要更多一些,原因在于消费者已经形成了一定的消费习惯,同时对哈罗单车的品牌已经有了很大认可。</p><p>诚然,哈罗的成功离不开蚂蚁金服从资金到资源的全方位扶持,但如果哈罗从一开始选择的是在一二线城市与摩拜单车、OFO短兵相接,那么哈罗今天的命运如何就值得玩味了。选择下沉市场、选择农村包围城市才是哈罗单车今天升的上来的根本原因。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210217114111689v173xsn9krwvkuw\"/><p><strong>蜜雪冰城</strong></p><p>另外,春节期间,笔者在家乡几乎所有商场内看到了蜜雪冰城的店铺,且时时处于人满为患的境地,周边商户赤裸裸的羡慕嫉妒恨无不显示蜜雪冰城在下沉市场的受欢迎程度。</p><p>可能一二线城市的消费者很少听过蜜雪冰城,但依靠价格美丽、口味不错等消费特征,蜜雪冰城不仅在全球开设超一万家门店,也取得了比喜茶、奈雪的茶更高的营收业绩。</p><p>布局下沉市场正是蜜雪冰城成长至今的核心原因——蜜雪冰城在选址时,往往会把门店扎堆开在三四线及以下城市的学校周边、商业步行街、城中村、车站等客流量较大的区域,这些地方不仅利于品牌曝光,更重要的还是有大量学生党、年轻人等目标消费者聚集,易形成稳定的复购率。<strong>喜屏科技</strong></p><p>同蜜雪冰城一样,喜屏科技也是可以在下沉市场随处看得到、摸得着的平台。</p><p>笔者所在的小区所有的电梯等候区都安装了喜屏科技的液晶电视屏,除了琳琅满目的各种广告信息,轮番播放的还有社区物业发布的公告、疫情防护通知、社区某户居民的寻猫启示……</p><p>这是明显区别于传统电梯广告平台的全新传播形式。在笔者看来,这样的模式不仅让社区物业更暖心,让社区居民更方便,对广告主来说也更具广告价值——不会让社区居民感受到疏离感,同时,也会引导居民在观看社区公告的同时关注企业发布的广告信息。</p><p>笔者调查之后发现,作为一个以物联网技术为核心竞争力的创新型电梯广告平台,喜屏科技除了在技术应用、硬件研发、渠道开发等维度的优势外,其“1屏1天2元起”的惊人低价更具备竞争力——截止目前,喜屏科技已经在下沉市场100多个城市布局,铺设点位7万多个,并将于2021年实现200城、500县、20万点位的战略目标,在国内电梯广告领域发展潜力不可小觑。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20210217114123949v1732d4mu00qhcq\"/><p><strong>水滴筹</strong></p><p>除了以上日常接触较多的行业和企业之外,还有一些企业也在通过下沉市场快速发展。</p><p>来看看水滴公司,从地理区域来看,水滴公司70%以上的用户均分布在“下沉市场”,其中80%的筹款用户、72%的赠与用户和77%的互助用户都来自于自于三四五线城市。</p><p>另据水滴公司旗下水滴保险商城此前发布的数据显示,该平台用户覆盖全国超过94%的市县,其中超过76%的用户来自三线及以下城市地区。下沉市场的用户主要购买的险种为百万医疗险,此外,重疾险、年金险和意外险也倍受青睐。<strong><a href=\"https://laohu8.com/S/QTT\">趣头条</a></strong></p><p>提起趣头条,不少一二线城市的朋友可能都没有听说过,但就像拼多多一样,趣头条用更短的时间在美股上市、也让资讯分发行业有了全新的竞争格局。</p><p>趣头条的崛起事实证明,下沉市场的移动互联网用户红利在2016年还是大量存在,很多用户对资讯信息流产品还是第一次接触,加上补贴发钱的运营刺激,趣头条APP很快就达到第一个10万DAU,随后就是第一个100万DAU。</p><p>由于接触移动互联网产品较少,三线及以下城市人群对产品体验的要求不高,对广告的容忍度较高,并且具备可观的流量价值。趣头条正式抓住了这一精准用户定位进行快速扩张,未来仍将其业务重点放在三线及以下城市用户。<strong>51talk</strong></p><p>作为首个登录美股的在线教育企业,<a href=\"https://laohu8.com/S/COE\">51Talk</a>学会了拼多多、快手、趣头条的成功精髓——即通过深度挖掘下沉市场的在线英语教育需求,实现企业的快速扩张。</p><p>自2017年下半年起,51Talk开始启动城市下沉战略,将更多精力投入下沉市场。根据51Talk在2019年战略发布会上公布的数据显示,在2018年第四季度,每4个首单客户里就有3个来自下沉市场。而财报的数据证明,要想获得新的增长,必须要抓住正在成长起来的下沉市场。51Talk2019年Q4财报中显示,在一对一业务中,非一线城市现金收入占比74.2%,占比同比增加约5%。</p><p>除了以上数个优质企业之外,其实还有很多不同行业的优质企业正在下沉市场深度挖掘,比如最右、bilibili、省心宝等,而探究下沉市场能够崛起的原因,可能涉及很多维度、波及很多领域,但仅在消费领域来看,下沉市场经由拼多多、淘宝、哈罗单车、蜜雪冰城、喜屏科技等众多优质企业验证过或正在验证的成功经验来看,做好了下沉市场,才能在很大程度上决定企业的成长高度。而在4G、5G、大数据、物联网等科技的逐步推动下,广阔的下沉市场将会逐渐消除幸存者偏差导致的逻辑盲点和话语权失衡导致的信息茧房,加快速度成为中国经济全新的增长路径。</p></article></body></html>","source":"tencent","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>春节回乡纪实:除了拼多多,下沉市场还有哪些新经济正在茁壮成长?</title>\n<style 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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春节回乡纪实:除了拼多多,下沉市场还有哪些新经济正在茁壮成长?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 11:19 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021021711412579b3afdc&s=b><strong>创业邦</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>进入春节已近一周,地处晋陕豫交界处的某地级市依然如往昔一般——相对一线城市隆重很多的年味、无甚改观的城市建设、乡土文化颇重的人文面貌,但在这些一览无遗的表象下,人们的消费层面正在暗流涌动:在移动互联网普及、物流水平快速提升、政策红利逐步释放等综合因素下,40余万消费者在消费路径、消费习惯、消费认知等方面正在发生天翻地覆的变化。笔者在回乡的十天时间内看到了太多今非昔比的消费差异性,涉及到了电商、快...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021021711412579b3afdc&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cfb25f107d83e079af4b224ae89c045b","relate_stocks":{"159822":"新经济","PDD":"拼多多"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021021711412579b3afdc&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2112350148","content_text":"进入春节已近一周,地处晋陕豫交界处的某地级市依然如往昔一般——相对一线城市隆重很多的年味、无甚改观的城市建设、乡土文化颇重的人文面貌,但在这些一览无遗的表象下,人们的消费层面正在暗流涌动:在移动互联网普及、物流水平快速提升、政策红利逐步释放等综合因素下,40余万消费者在消费路径、消费习惯、消费认知等方面正在发生天翻地覆的变化。笔者在回乡的十天时间内看到了太多今非昔比的消费差异性,涉及到了电商、快消品、连锁餐饮、出行、传媒、短视频等多种行业,这不仅意味着一二线城市之外更广阔的下沉市场正在快速升温发酵,也彰显了中国经济发展路径的全新变化,尤其是在拼多多、淘宝、京东等互联网电商巨头纷纷布局下沉市场并获得巨大成功之外,究竟还有哪些新经济正在掘金下沉市场?不妨跟随笔者一探究竟。快手首先要说的一定是刚刚在港股上市的快手。2月5日,快手今日在港交所挂牌上市,发行价115港元/股。且很快升至300港元/股,总市值超1.23万亿港元,折合1587亿美元,相当于两个小米,三个B站。按市值算,快手成功跻身于中国已上市互联网公司前五名,仅次于腾讯、阿里、美团和拼多多。而快手之所以能取得如此成就,正是源于其对下沉市场用户群画像的深入研究和产品层面天然的娱乐属性——在用户层面,闲暇时间较为充裕但娱乐生活很匮乏,这样的矛盾即为快手提供了发酵土壤;在产品层面,短视频形式已经成为了一种全新的娱乐方式,尤其在下沉市场可以达到73%的渗透率,且有66%的用户对短视频的喜爱超过了长视频。据此,快手通过对下沉市场的全面布局,逐步充实了用户的碎片时间,也抢先占领了用户心智。就像笔者在家乡亲眼所见:周遭的大部分亲人或朋友、大人或小朋友闲暇之余都在快手APP端疯狂的刷视频,尤其是过年期间各种应景儿的短视频更是让所有受众感受到了某种亲切感和价值属性的认同,正如快手创始人程一笑所期待的那样:快手真正成了老铁喜欢的APP。橙心优选另外,笔者在家也切实看到了传说中的社区团购平台。作为一个纯粹的“北漂”,笔者对于社区团购向来是“只闻其声不见其人”,而此次在老家却亲自目睹了社区团购的火爆——尤其是橙心优选平台,已经成了笔者父母每天都要认真“逛逛”的网上菜市场。在橙心优选平台,笔者真正看到了售价一毛钱的一盒鸡蛋、几分钱的一斤蔬菜、一元钱的甜瓜……橙心优选,这家由互联网出行巨头滴滴孵化的社区团购平台,春节不打烊、持续服务着城市居民在柴米油盐酱醋茶等居家生活方面的购物需求。2020年中期开始爆发的社区团购赛道,已经汇聚了腾讯、阿里、拼多多、美团、滴滴等一众互联网头部企业,他们在和兴盛优选及十荟团等老牌社区团购平台四处竞争的同时,让社区居民得到了实实在在的好处。可以预见的是,社区团购行业不仅会重塑国内电商行业的竞争格局,也会引导社区居民一改传统的消费方式和消费习惯。哈罗单车说完了娱乐及电商,笔者还看到了家乡父老在出行上的变化。除了日常使用的滴滴打车,最后三公里的出行已经被哈罗单车统治——至少笔者及亲朋在春节期间的近距离通勤,都是使用哈罗单车。与美团单车、青桔单车并驾齐驱的哈罗单车,虽然如今业已进入一二线城市,但作为最早布局三四五线城市的品牌,哈罗单车迄今仍然是下沉市场共享单车领域更有话语权的领导者。虽然在笔者看来,家乡各个商圈及社区周边充斥着各色的单车,但貌似哈罗单车的数量要更多一些,原因在于消费者已经形成了一定的消费习惯,同时对哈罗单车的品牌已经有了很大认可。诚然,哈罗的成功离不开蚂蚁金服从资金到资源的全方位扶持,但如果哈罗从一开始选择的是在一二线城市与摩拜单车、OFO短兵相接,那么哈罗今天的命运如何就值得玩味了。选择下沉市场、选择农村包围城市才是哈罗单车今天升的上来的根本原因。蜜雪冰城另外,春节期间,笔者在家乡几乎所有商场内看到了蜜雪冰城的店铺,且时时处于人满为患的境地,周边商户赤裸裸的羡慕嫉妒恨无不显示蜜雪冰城在下沉市场的受欢迎程度。可能一二线城市的消费者很少听过蜜雪冰城,但依靠价格美丽、口味不错等消费特征,蜜雪冰城不仅在全球开设超一万家门店,也取得了比喜茶、奈雪的茶更高的营收业绩。布局下沉市场正是蜜雪冰城成长至今的核心原因——蜜雪冰城在选址时,往往会把门店扎堆开在三四线及以下城市的学校周边、商业步行街、城中村、车站等客流量较大的区域,这些地方不仅利于品牌曝光,更重要的还是有大量学生党、年轻人等目标消费者聚集,易形成稳定的复购率。喜屏科技同蜜雪冰城一样,喜屏科技也是可以在下沉市场随处看得到、摸得着的平台。笔者所在的小区所有的电梯等候区都安装了喜屏科技的液晶电视屏,除了琳琅满目的各种广告信息,轮番播放的还有社区物业发布的公告、疫情防护通知、社区某户居民的寻猫启示……这是明显区别于传统电梯广告平台的全新传播形式。在笔者看来,这样的模式不仅让社区物业更暖心,让社区居民更方便,对广告主来说也更具广告价值——不会让社区居民感受到疏离感,同时,也会引导居民在观看社区公告的同时关注企业发布的广告信息。笔者调查之后发现,作为一个以物联网技术为核心竞争力的创新型电梯广告平台,喜屏科技除了在技术应用、硬件研发、渠道开发等维度的优势外,其“1屏1天2元起”的惊人低价更具备竞争力——截止目前,喜屏科技已经在下沉市场100多个城市布局,铺设点位7万多个,并将于2021年实现200城、500县、20万点位的战略目标,在国内电梯广告领域发展潜力不可小觑。水滴筹除了以上日常接触较多的行业和企业之外,还有一些企业也在通过下沉市场快速发展。来看看水滴公司,从地理区域来看,水滴公司70%以上的用户均分布在“下沉市场”,其中80%的筹款用户、72%的赠与用户和77%的互助用户都来自于自于三四五线城市。另据水滴公司旗下水滴保险商城此前发布的数据显示,该平台用户覆盖全国超过94%的市县,其中超过76%的用户来自三线及以下城市地区。下沉市场的用户主要购买的险种为百万医疗险,此外,重疾险、年金险和意外险也倍受青睐。趣头条提起趣头条,不少一二线城市的朋友可能都没有听说过,但就像拼多多一样,趣头条用更短的时间在美股上市、也让资讯分发行业有了全新的竞争格局。趣头条的崛起事实证明,下沉市场的移动互联网用户红利在2016年还是大量存在,很多用户对资讯信息流产品还是第一次接触,加上补贴发钱的运营刺激,趣头条APP很快就达到第一个10万DAU,随后就是第一个100万DAU。由于接触移动互联网产品较少,三线及以下城市人群对产品体验的要求不高,对广告的容忍度较高,并且具备可观的流量价值。趣头条正式抓住了这一精准用户定位进行快速扩张,未来仍将其业务重点放在三线及以下城市用户。51talk作为首个登录美股的在线教育企业,51Talk学会了拼多多、快手、趣头条的成功精髓——即通过深度挖掘下沉市场的在线英语教育需求,实现企业的快速扩张。自2017年下半年起,51Talk开始启动城市下沉战略,将更多精力投入下沉市场。根据51Talk在2019年战略发布会上公布的数据显示,在2018年第四季度,每4个首单客户里就有3个来自下沉市场。而财报的数据证明,要想获得新的增长,必须要抓住正在成长起来的下沉市场。51Talk2019年Q4财报中显示,在一对一业务中,非一线城市现金收入占比74.2%,占比同比增加约5%。除了以上数个优质企业之外,其实还有很多不同行业的优质企业正在下沉市场深度挖掘,比如最右、bilibili、省心宝等,而探究下沉市场能够崛起的原因,可能涉及很多维度、波及很多领域,但仅在消费领域来看,下沉市场经由拼多多、淘宝、哈罗单车、蜜雪冰城、喜屏科技等众多优质企业验证过或正在验证的成功经验来看,做好了下沉市场,才能在很大程度上决定企业的成长高度。而在4G、5G、大数据、物联网等科技的逐步推动下,广阔的下沉市场将会逐渐消除幸存者偏差导致的逻辑盲点和话语权失衡导致的信息茧房,加快速度成为中国经济全新的增长路径。","news_type":1},"isVote":1,"tweetType":1,"viewCount":829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}