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东风破
2021-08-19
谁会要啊
市场消息:恒大正与小米谈判出售电动汽车部门的股份
东风破
2021-07-14
这样我觉得支付宝比较危险
传阿里巴巴和腾讯考虑互相开放生态系统
东风破
2021-05-25
都特么是马后炮
抱歉,原内容已删除
东风破
2021-04-21
垃圾
特斯拉微博:已成立专门处理小组,争取让车主满意
东风破
2021-01-22
腾讯视频号就是垃圾
腾讯会不会是南下抱团第一股?
东风破
2020-11-13
$理想汽车(LI)$
什么情况,跳水这么厉害
东风破
2020-10-29
$英特尔(INTC)$
抄底了,等你反弹
东风破
2020-08-03
$搜狐(SOHU)$
今晚继续上天吧
东风破
2020-07-31
$蘑菇街(MOGU)$
这割的太狠了,三个跌停
东风破
2020-07-30
$理想汽车(LI)$
啥时候交易啊
东风破
2020-07-30
$理想汽车(LI)$
为什么我的还没出结果呢
东风破
2020-07-30
$理想汽车(LI)$
泡沫有点大
东风破
2020-07-30
$柯达(KODK)$
开盘那一刻吓死宝宝了
东风破
2020-07-30
$柯达(KODK)$
有点猛啊啊啊啊啊
东风破
2020-07-30
$柯达(KODK)$
今晚没机会了
东风破
2020-07-30
$上证指数(000001.SH)$
最后一小时见证奇迹
东风破
2020-07-30
$柯达(KODK)$
又来了
东风破
2020-06-24
看了都不敢打新了
金色观察 | 亿邦国际正式向美国SEC提交招股书 独家解读
东风破
2020-06-19
这是利好还是利空,凭啥网易就不能
抱歉,原内容已删除
东风破
2020-04-29
今晚蔚来要飞了吗?
战略投资“蔚来中国”的最终协议正式签署
去老虎APP查看更多动态
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18:55","market":"hk","language":"zh","title":"市场消息:恒大正与小米谈判出售电动汽车部门的股份","url":"https://stock-news.laohu8.com/highlight/detail?id=1187481946","media":"老虎资讯综合","summary":"市场消息:中国恒大集团正在与小米谈判出售电动汽车部门的股份。","content":"<p>市场消息:中国恒大集团正在与小米谈判出售电动汽车部门的股份。</p>\n<p><img src=\"https://static.tigerbbs.com/de01d626f6bf1c10af19690853f1a1b5\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/e9cee1d0febf22098d3546faccb7676d\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></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>市场消息:恒大正与小米谈判出售电动汽车部门的股份</title>\n<style 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src=\"https://static.tigerbbs.com/de01d626f6bf1c10af19690853f1a1b5\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/e9cee1d0febf22098d3546faccb7676d\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7b6f993a5f8d78485f7cb0eefa540f23","relate_stocks":{"03333":"中国恒大","00708":"恒大汽车","01810":"小米集团-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187481946","content_text":"市场消息:中国恒大集团正在与小米谈判出售电动汽车部门的股份。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":144989554,"gmtCreate":1626261054378,"gmtModify":1626261054378,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3459313033943296","idStr":"3459313033943296"},"themes":[],"htmlText":"这样我觉得支付宝比较危险","listText":"这样我觉得支付宝比较危险","text":"这样我觉得支付宝比较危险","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/144989554","repostId":"1118876624","repostType":4,"repost":{"id":"1118876624","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":1626259940,"share":"https://www.laohu8.com/m/news/1118876624?lang=&edition=full","pubTime":"2021-07-14 18:52","market":"us","language":"zh","title":"传阿里巴巴和腾讯考虑互相开放生态系统","url":"https://stock-news.laohu8.com/highlight/detail?id=1118876624","media":"老虎资讯综合","summary":"7月14日消息,据悉,阿里巴巴和腾讯考虑互相开放生态系统。\n消息人士称,阿里巴巴的初步举措可能包括将微信支付引入淘宝和天猫;而腾讯可能将允许阿里巴巴的电商信息在微信分享,或者允许微信用户通过小程序使用","content":"<p>7月14日消息,据悉,<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>和<a href=\"https://laohu8.com/S/00700\">腾讯</a>考虑互相开放生态系统。</p>\n<p>消息人士称,阿里巴巴的初步举措可能包括将微信支付引入淘宝和天猫;而腾讯可能将允许阿里巴巴的电商信息在微信分享,或者允许微信用户通过小程序使用阿里巴巴的一些服务。</p>\n<p>截至发稿,阿里巴巴盘前涨超3%。</p>\n<p><img src=\"https://static.tigerbbs.com/057e1877aa16d837448e6d0304035ce1\" tg-width=\"1393\" tg-height=\"924\" 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\" 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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传阿里巴巴和腾讯考虑互相开放生态系统\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\">2021-07-14 18:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>7月14日消息,据悉,<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>和<a href=\"https://laohu8.com/S/00700\">腾讯</a>考虑互相开放生态系统。</p>\n<p>消息人士称,阿里巴巴的初步举措可能包括将微信支付引入淘宝和天猫;而腾讯可能将允许阿里巴巴的电商信息在微信分享,或者允许微信用户通过小程序使用阿里巴巴的一些服务。</p>\n<p>截至发稿,阿里巴巴盘前涨超3%。</p>\n<p><img src=\"https://static.tigerbbs.com/057e1877aa16d837448e6d0304035ce1\" tg-width=\"1393\" tg-height=\"924\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c2c4ce769f2217ae37a99bea84fa5ba8","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118876624","content_text":"7月14日消息,据悉,阿里巴巴和腾讯考虑互相开放生态系统。\n消息人士称,阿里巴巴的初步举措可能包括将微信支付引入淘宝和天猫;而腾讯可能将允许阿里巴巴的电商信息在微信分享,或者允许微信用户通过小程序使用阿里巴巴的一些服务。\n截至发稿,阿里巴巴盘前涨超3%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":2500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":138878732,"gmtCreate":1621930676726,"gmtModify":1621931012825,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3459313033943296","idStr":"3459313033943296"},"themes":[],"htmlText":"都特么是马后炮","listText":"都特么是马后炮","text":"都特么是马后炮","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/138878732","repostId":"1173352897","repostType":4,"isVote":1,"tweetType":1,"viewCount":1557,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":371584450,"gmtCreate":1618961273570,"gmtModify":1618970179417,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3459313033943296","idStr":"3459313033943296"},"themes":[],"htmlText":"垃圾","listText":"垃圾","text":"垃圾","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371584450","repostId":"1100147810","repostType":4,"repost":{"id":"1100147810","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":1618932456,"share":"https://www.laohu8.com/m/news/1100147810?lang=&edition=full","pubTime":"2021-04-20 23:27","market":"us","language":"zh","title":"特斯拉微博:已成立专门处理小组,争取让车主满意","url":"https://stock-news.laohu8.com/highlight/detail?id=1100147810","media":"老虎资讯综合","summary":"特斯拉微博:特斯拉尊重并坚定服从政府各相关部门的决定,尊重消费者,遵守法律法规,坚决坚定地积极配合政府各相关部门的所有调查。为此,我们已成立专门处理小组,专事专办,努力在合规合法的情况下,尽全力的满足","content":"<p>特斯拉微博:特斯拉尊重并坚定服从政府各相关部门的决定,尊重消费者,遵守法律法规,坚决坚定地积极配合政府各相关部门的所有调查。为此,我们已成立专门处理小组,专事专办,努力在合规合法的情况下,尽全力的满足车主诉求,争取让车主满意。</p>\n<p><img src=\"https://static.tigerbbs.com/55d6b8a28a802985bb395cc09f310f61\" tg-width=\"512\" tg-height=\"600\"></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>特斯拉微博:已成立专门处理小组,争取让车主满意 </title>\n<style 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23:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>特斯拉微博:特斯拉尊重并坚定服从政府各相关部门的决定,尊重消费者,遵守法律法规,坚决坚定地积极配合政府各相关部门的所有调查。为此,我们已成立专门处理小组,专事专办,努力在合规合法的情况下,尽全力的满足车主诉求,争取让车主满意。</p>\n<p><img src=\"https://static.tigerbbs.com/55d6b8a28a802985bb395cc09f310f61\" tg-width=\"512\" tg-height=\"600\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8350896f4f33c86bc28f200b67ab82b4","relate_stocks":{"TSLA":"特斯拉"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100147810","content_text":"特斯拉微博:特斯拉尊重并坚定服从政府各相关部门的决定,尊重消费者,遵守法律法规,坚决坚定地积极配合政府各相关部门的所有调查。为此,我们已成立专门处理小组,专事专办,努力在合规合法的情况下,尽全力的满足车主诉求,争取让车主满意。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":310125063,"gmtCreate":1611288388552,"gmtModify":1703749453816,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3459313033943296","idStr":"3459313033943296"},"themes":[],"htmlText":"腾讯视频号就是垃圾","listText":"腾讯视频号就是垃圾","text":"腾讯视频号就是垃圾","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/310125063","repostId":"1147568136","repostType":4,"repost":{"id":"1147568136","weMediaInfo":{"introduction":"格隆汇旗下公众号。分享和探讨港股、美国中概股以及少量估值确有吸引力之A股的投资线索、投资机会与投资心得.","home_visible":1,"media_name":"格隆汇","id":"3","head_image":"https://static.tigerbbs.com/24397cd0a72f485e9734d658c5a0841d"},"pubTimestamp":1611279468,"share":"https://www.laohu8.com/m/news/1147568136?lang=&edition=full","pubTime":"2021-01-22 09:37","market":"hk","language":"zh","title":"腾讯会不会是南下抱团第一股?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147568136","media":"格隆汇","summary":"抱团!\n——是2020年A股行情的主旋律\n在国内股市12月如火如荼的行情下,投资者的热情终于也烧到了港股市场。整个一月,国内资金火力全开,港股的行情被迅速启动。\n其实从一年前开始,资金就一直流入腾讯\n","content":"<p><b>抱团!</b></p>\n<p><b>——是2020年A股行情的主旋律</b></p>\n<p>在国内股市12月如火如荼的行情下,投资者的热情终于也烧到了港股市场。整个一月,国内资金火力全开,港股的行情被迅速启动。</p>\n<p>其实从一年前开始,资金就一直流入<a href=\"https://laohu8.com/S/00700\">腾讯</a></p>\n<p><i>过去一年,南下资金净买入<a href=\"https://laohu8.com/S/00700\">腾讯</a>1814亿,排名第一</i></p>\n<p><i>过去3个月,南下资金净买入腾讯1160亿,排名第一</i></p>\n<p><i>过去1个月,南下资金净买入腾讯723亿,排名第一</i></p>\n<p><i>过去7天,南下资金净买入腾讯332亿,排名第一</i></p>\n<p>曾经港股有这么一句话:<b>北茅台,南腾讯</b>!作为最受港股投资者喜爱的公司,从年初至今,资金对腾讯的热情正在加速,腾讯的股价也在一路加速。</p>\n<p><img src=\"https://static.tigerbbs.com/5d555cd9163b7e94be48a94df99954c7\" tg-width=\"1080\" tg-height=\"556\"></p>\n<p>在如此热潮下,今日开盘不久,腾讯的股价终于触及700的大关,创下历史新高。回顾历史,除了2018年股灾时的大跌,腾讯的股价几乎一路向上。从当下的时点来看,腾讯是不是还可以继续向上,是每个人心中的疑问。</p>\n<p>需知,腾讯过去的股价一般在40倍左右上下,如今已经在58倍左右,历史最高也不过60倍。腾讯的估值能打破历史天花板,继续上行吗?</p>\n<p>我们来看下北茅台,一年前,相信没有几个人会料到茅台的估值会这样抬破天际。</p>\n<p><img src=\"https://static.tigerbbs.com/e6ab492abc26fb3f97d373be52cb9e98\" tg-width=\"1080\" tg-height=\"529\"></p>\n<p>如同去年茅台的逻辑《增加茅台估值中枢抬升逻辑》,在资金的冲击下,腾讯的估值中枢是否有上升的空间?</p>\n<p>两者有许多相似之处,一样的确定性,一样的时间朋友,一如茅台始终有那个巨大的价差给人以希望外,腾讯也有诸多资产有望重估。</p>\n<p>这不是没可能,当下即将上市的快手就是一个刺激点。</p>\n<p><b>1、视频号的价值重估</b></p>\n<p>在讲腾讯之前,我们先把目光看向另一家公司:<b>快手。</b></p>\n<p>1月14日晚间,短视频巨头快手通过港交所聆讯,计划于2月初上市。目前市场对快手的估值,已经超过5000亿人民币,有望成为继<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>以来香港地区规模最大的IPO项目。在上市路演阶段,快手已经引爆市场的热度,部分机构投资者甚至不惜动用私人关系“预定份额”。</p>\n<p>而在快手上市之后,短视频的第一大龙头抖音,也有计划于上半年在港股上市。两大视频号2021年的战争,从资本市场打响第一枪。</p>\n<p>但除了快手与抖音,在短视频领域还有一位不可忽视的竞争者,就是腾讯视频号。</p>\n<p><b>本轮腾讯上涨的原因,除了港股市场升温的影响外,一大重要原因就是市场对腾讯视频号的价值重估。</b>在市场热情追捧快手与抖音的局面下,过去在估值体系中常常被忽略的视频号,终于在2021年站在资本世界的镁光灯下。</p>\n<p>在视频号诞生之前,腾讯曾在短视频领域推出腾讯微视,但市场表现不及预期,没有对抖音快手分天下的格局产生影响。于是在去年今日,腾讯在短视频领域再一次吹响号角:视频号横空出世。经过一年的洗礼,视频号的表现远远好于腾讯微视,在这一次的短视频战争中取得了不俗的结果。</p>\n<p>早先的腾讯微视在短视频市场失败的首要原因,是<b>没有找准自身定位</b>。微视的运营借鉴了抖音的模式,但由于没有差异性,用户并没有从抖音换到微视的动力,因此没有得到群众支持。</p>\n<p>在用户量不足的情况下,<b>微视在内容端也捉襟见肘。</b>对比另一家短视频龙头,快手的崛起依靠了大量的UGC内容吸引流量。在分发原则上,快手尊崇“平等普惠”,每个人都有展示自己的平等分发机会,而非快手注重分发头部流量。因此,快手对用户最为友好,因此用户量持续提升,提升的用户量又创造出大量的UGC内容,吸引新的用户,形成正向循环,也成为了快手的取胜之匙。</p>\n<p>在微视失败后,视频号的发展吸取了这些教训。</p>\n<p>视频号不需要像微视一样单独下载软件,而是直接放在微信中,这使得微视当初遇到的<b>用户量问题首先被解决</b>。微信DAU超过10亿,目前抖音DAU约6亿,快手DAU约3亿,从用户量来看,视频号站在微信的肩膀上,从出生开始就含着金汤匙。</p>\n<p>如果比较视频号、快手与抖音,视频号目前的模式更像快手。快手在运营上牺牲了很大一部分商业性,更注重社群关系,这也正是“老铁”文化产生的原因。<b>视频号在微信的基础上加入了社交关系链,短视频可以直接分享到朋友圈、微信群发等,使得用户生产的内容可以得到足量的反馈,形成正向循环。</b>而在社交关系问题上,视频号好友与微信好友并不相通,这使得用户隐私并不会受到社交关系的影响。</p>\n<p>最后一点,是视频号的直播功能。以快手为例,快手目前的最大营收来源是直播业务,而腾讯视频号过去在直播变现上并特别没有发力,这一业务的盈利潜力未被激发。而从最新的微信8.0版本来看,直播业务所使用的虚拟货币“微信豆”的充值入口已经改变,目前可以从个人资料里找到微信豆充值入口,而不是之前必须在直播中才能找到。“微信豆”入口的改变,说明<b>视频号开始正式发力直播业务,盈利能力正在提升。</b></p>\n<p>除此之外,<b>视频号直播与电商功能的联系也颇具想象力。</b>2020年10月,视频号与微信小商店之间渠道打通,视频号个人页可以链接微信小商店,播放页可以插入公众号链接,直播间直接链接电商小程序,这使得微信在电商功能上如虎添翼。</p>\n<p><b>这样来看,视频号已经聚焦了抖音与快手的优势,有成为短视频领域头号玩家的潜力。</b></p>\n<p>那么既然快手值5000亿人民币,视频号值多少呢?视频号从诞生到今天,也仅仅经历一年时间,依然很多进步的空间。过去市场对视频号整体重视程度不高,但随着快手与抖音上市受热捧,视频号的价值也终于迎来重估。可以确定的是,腾讯的价值将随着视频号的崛起继续向上。</p>\n<p><b>2、“投资大师”</b></p>\n<p>其实还有个更简单明了的点。</p>\n<p><b>快手上市,最大的受益者是谁?</b></p>\n<p><b>是腾讯。</b></p>\n<p>在快手的招股说明书里,可以看到宿华、程一笑等管理层合计持股达27.16%,而腾讯其实才是快手的第一大股东,持股占比21.57%。</p>\n<p>而在快手上市后,二级市场的追捧将进一步提升快手的估值。而正如前文所说,如果快手值5000亿,视频号值多少?如果市场再给予快手更高的估值,视频号的价值不值得更高吗?</p>\n<p>腾讯在这一次投资中,不仅享受对快手财务投资得来的回报,同时也使市场对自己的业务估值提升,一次投资可以带来双重回报,腾讯确实是一位“投资大师”。</p>\n<p>而腾讯在投资战场上,并不是只有这一场胜仗。</p>\n<p>2020年在投资界最受欢迎的公司,除了<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>之外,电商搅局者<a href=\"https://laohu8.com/S/PDD\">拼多多</a>必定榜上有名。</p>\n<p>从2016年开始,腾讯的身影出现在<a href=\"https://laohu8.com/S/PDD\">拼多多</a>的每一轮融资之中,累计持股16%,是除了创始人黄征(持股36.3%)之外的第一大股东。从上市到今日,拼多多的股价涨了6倍不止,腾讯对其的投资也因此大赚。</p>\n<p><img src=\"https://static.tigerbbs.com/77408cf89723f3298e9dd34c8ed29a1b\" tg-width=\"1000\" tg-height=\"630\"></p>\n<p>而腾讯从投资拼多多所收获的,不仅仅只是财务回报。2020年,拼多多在电商格局已经固定的局面下,以一己之力改变整个市场,作为电商巨头的阿里,也明显受到了拼多多崛起的影响。</p>\n<p>而除了拼多多,美团的崛起也对阿里有不小的影响。在美团的投资者中,也还是看到那个熟悉的身影:<b>腾讯</b>。</p>\n<p><img src=\"https://static.tigerbbs.com/f2cf82312db67a68392464e0c25dea25\" tg-width=\"995\" tg-height=\"592\"></p>\n<p>此外,在<a href=\"https://laohu8.com/S/JD\">京东</a>的股东里,腾讯持股17%,也是第一大股东。阿里的所有竞争者中,背后似乎都有腾讯的影子。</p>\n<p><b>腾讯的投资,不仅收到巨大的财务回报,也使其在互联网竞争中领先一头。</b>除了拼多多美团,腾讯的投资涉足领域极广,目前势头正盛的<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>,第二大股东为腾讯,而市场知名的<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/VIPS\">唯品会</a>、<a href=\"https://laohu8.com/S/BEKE\">贝壳</a>、<a href=\"https://laohu8.com/S/00762\">中国联通</a>、<a href=\"https://laohu8.com/S/688111\">金山办公</a>等许多许多前景极佳的公司,都有腾讯的影子。</p>\n<p>在投资领域,随着中国市场的整体发展,腾讯将从自己的投资中受益良多。投资的收益,也将持续增厚腾讯的业绩,成为股价推动的持续助力。</p>\n<p>这块的价值,就像茅台的出厂价与批价的差价。</p>\n<p><b>3、尾声</b></p>\n<p>当前的主流是漂亮50行情,这些公司,诚然很贵,但这几年大事件不断,这些优质的资产股价也崩过几次,但回过头看,每一次都是极佳的上车机会。</p>\n<p>过去几年的市场毒打,已经在投资者那里留下了深深的烙印:这些确定性极高的,拥有极深护城河的公司,无论它们经历了怎么样的曲折,最终股价还是会新高的。</p>\n<p>当前58倍的腾讯,虽然贵,但还不至于到了非常泡沫的区间。长期永远涨的信仰经过几年毒打已经变得无比坚定,在这种信仰之下,加上一些类似快手等一众互联网企业的上市刺激,我们很可能看到估值涨破天际的腾讯。</p>\n<p>就像A股的茅台一样。</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>腾讯会不会是南下抱团第一股?</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腾讯会不会是南下抱团第一股?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/3\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/24397cd0a72f485e9734d658c5a0841d);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">格隆汇 </p>\n<p class=\"h-time\">2021-01-22 09:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>抱团!</b></p>\n<p><b>——是2020年A股行情的主旋律</b></p>\n<p>在国内股市12月如火如荼的行情下,投资者的热情终于也烧到了港股市场。整个一月,国内资金火力全开,港股的行情被迅速启动。</p>\n<p>其实从一年前开始,资金就一直流入<a href=\"https://laohu8.com/S/00700\">腾讯</a></p>\n<p><i>过去一年,南下资金净买入<a href=\"https://laohu8.com/S/00700\">腾讯</a>1814亿,排名第一</i></p>\n<p><i>过去3个月,南下资金净买入腾讯1160亿,排名第一</i></p>\n<p><i>过去1个月,南下资金净买入腾讯723亿,排名第一</i></p>\n<p><i>过去7天,南下资金净买入腾讯332亿,排名第一</i></p>\n<p>曾经港股有这么一句话:<b>北茅台,南腾讯</b>!作为最受港股投资者喜爱的公司,从年初至今,资金对腾讯的热情正在加速,腾讯的股价也在一路加速。</p>\n<p><img src=\"https://static.tigerbbs.com/5d555cd9163b7e94be48a94df99954c7\" tg-width=\"1080\" tg-height=\"556\"></p>\n<p>在如此热潮下,今日开盘不久,腾讯的股价终于触及700的大关,创下历史新高。回顾历史,除了2018年股灾时的大跌,腾讯的股价几乎一路向上。从当下的时点来看,腾讯是不是还可以继续向上,是每个人心中的疑问。</p>\n<p>需知,腾讯过去的股价一般在40倍左右上下,如今已经在58倍左右,历史最高也不过60倍。腾讯的估值能打破历史天花板,继续上行吗?</p>\n<p>我们来看下北茅台,一年前,相信没有几个人会料到茅台的估值会这样抬破天际。</p>\n<p><img src=\"https://static.tigerbbs.com/e6ab492abc26fb3f97d373be52cb9e98\" tg-width=\"1080\" tg-height=\"529\"></p>\n<p>如同去年茅台的逻辑《增加茅台估值中枢抬升逻辑》,在资金的冲击下,腾讯的估值中枢是否有上升的空间?</p>\n<p>两者有许多相似之处,一样的确定性,一样的时间朋友,一如茅台始终有那个巨大的价差给人以希望外,腾讯也有诸多资产有望重估。</p>\n<p>这不是没可能,当下即将上市的快手就是一个刺激点。</p>\n<p><b>1、视频号的价值重估</b></p>\n<p>在讲腾讯之前,我们先把目光看向另一家公司:<b>快手。</b></p>\n<p>1月14日晚间,短视频巨头快手通过港交所聆讯,计划于2月初上市。目前市场对快手的估值,已经超过5000亿人民币,有望成为继<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>以来香港地区规模最大的IPO项目。在上市路演阶段,快手已经引爆市场的热度,部分机构投资者甚至不惜动用私人关系“预定份额”。</p>\n<p>而在快手上市之后,短视频的第一大龙头抖音,也有计划于上半年在港股上市。两大视频号2021年的战争,从资本市场打响第一枪。</p>\n<p>但除了快手与抖音,在短视频领域还有一位不可忽视的竞争者,就是腾讯视频号。</p>\n<p><b>本轮腾讯上涨的原因,除了港股市场升温的影响外,一大重要原因就是市场对腾讯视频号的价值重估。</b>在市场热情追捧快手与抖音的局面下,过去在估值体系中常常被忽略的视频号,终于在2021年站在资本世界的镁光灯下。</p>\n<p>在视频号诞生之前,腾讯曾在短视频领域推出腾讯微视,但市场表现不及预期,没有对抖音快手分天下的格局产生影响。于是在去年今日,腾讯在短视频领域再一次吹响号角:视频号横空出世。经过一年的洗礼,视频号的表现远远好于腾讯微视,在这一次的短视频战争中取得了不俗的结果。</p>\n<p>早先的腾讯微视在短视频市场失败的首要原因,是<b>没有找准自身定位</b>。微视的运营借鉴了抖音的模式,但由于没有差异性,用户并没有从抖音换到微视的动力,因此没有得到群众支持。</p>\n<p>在用户量不足的情况下,<b>微视在内容端也捉襟见肘。</b>对比另一家短视频龙头,快手的崛起依靠了大量的UGC内容吸引流量。在分发原则上,快手尊崇“平等普惠”,每个人都有展示自己的平等分发机会,而非快手注重分发头部流量。因此,快手对用户最为友好,因此用户量持续提升,提升的用户量又创造出大量的UGC内容,吸引新的用户,形成正向循环,也成为了快手的取胜之匙。</p>\n<p>在微视失败后,视频号的发展吸取了这些教训。</p>\n<p>视频号不需要像微视一样单独下载软件,而是直接放在微信中,这使得微视当初遇到的<b>用户量问题首先被解决</b>。微信DAU超过10亿,目前抖音DAU约6亿,快手DAU约3亿,从用户量来看,视频号站在微信的肩膀上,从出生开始就含着金汤匙。</p>\n<p>如果比较视频号、快手与抖音,视频号目前的模式更像快手。快手在运营上牺牲了很大一部分商业性,更注重社群关系,这也正是“老铁”文化产生的原因。<b>视频号在微信的基础上加入了社交关系链,短视频可以直接分享到朋友圈、微信群发等,使得用户生产的内容可以得到足量的反馈,形成正向循环。</b>而在社交关系问题上,视频号好友与微信好友并不相通,这使得用户隐私并不会受到社交关系的影响。</p>\n<p>最后一点,是视频号的直播功能。以快手为例,快手目前的最大营收来源是直播业务,而腾讯视频号过去在直播变现上并特别没有发力,这一业务的盈利潜力未被激发。而从最新的微信8.0版本来看,直播业务所使用的虚拟货币“微信豆”的充值入口已经改变,目前可以从个人资料里找到微信豆充值入口,而不是之前必须在直播中才能找到。“微信豆”入口的改变,说明<b>视频号开始正式发力直播业务,盈利能力正在提升。</b></p>\n<p>除此之外,<b>视频号直播与电商功能的联系也颇具想象力。</b>2020年10月,视频号与微信小商店之间渠道打通,视频号个人页可以链接微信小商店,播放页可以插入公众号链接,直播间直接链接电商小程序,这使得微信在电商功能上如虎添翼。</p>\n<p><b>这样来看,视频号已经聚焦了抖音与快手的优势,有成为短视频领域头号玩家的潜力。</b></p>\n<p>那么既然快手值5000亿人民币,视频号值多少呢?视频号从诞生到今天,也仅仅经历一年时间,依然很多进步的空间。过去市场对视频号整体重视程度不高,但随着快手与抖音上市受热捧,视频号的价值也终于迎来重估。可以确定的是,腾讯的价值将随着视频号的崛起继续向上。</p>\n<p><b>2、“投资大师”</b></p>\n<p>其实还有个更简单明了的点。</p>\n<p><b>快手上市,最大的受益者是谁?</b></p>\n<p><b>是腾讯。</b></p>\n<p>在快手的招股说明书里,可以看到宿华、程一笑等管理层合计持股达27.16%,而腾讯其实才是快手的第一大股东,持股占比21.57%。</p>\n<p>而在快手上市后,二级市场的追捧将进一步提升快手的估值。而正如前文所说,如果快手值5000亿,视频号值多少?如果市场再给予快手更高的估值,视频号的价值不值得更高吗?</p>\n<p>腾讯在这一次投资中,不仅享受对快手财务投资得来的回报,同时也使市场对自己的业务估值提升,一次投资可以带来双重回报,腾讯确实是一位“投资大师”。</p>\n<p>而腾讯在投资战场上,并不是只有这一场胜仗。</p>\n<p>2020年在投资界最受欢迎的公司,除了<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>之外,电商搅局者<a href=\"https://laohu8.com/S/PDD\">拼多多</a>必定榜上有名。</p>\n<p>从2016年开始,腾讯的身影出现在<a href=\"https://laohu8.com/S/PDD\">拼多多</a>的每一轮融资之中,累计持股16%,是除了创始人黄征(持股36.3%)之外的第一大股东。从上市到今日,拼多多的股价涨了6倍不止,腾讯对其的投资也因此大赚。</p>\n<p><img src=\"https://static.tigerbbs.com/77408cf89723f3298e9dd34c8ed29a1b\" tg-width=\"1000\" tg-height=\"630\"></p>\n<p>而腾讯从投资拼多多所收获的,不仅仅只是财务回报。2020年,拼多多在电商格局已经固定的局面下,以一己之力改变整个市场,作为电商巨头的阿里,也明显受到了拼多多崛起的影响。</p>\n<p>而除了拼多多,美团的崛起也对阿里有不小的影响。在美团的投资者中,也还是看到那个熟悉的身影:<b>腾讯</b>。</p>\n<p><img src=\"https://static.tigerbbs.com/f2cf82312db67a68392464e0c25dea25\" tg-width=\"995\" tg-height=\"592\"></p>\n<p>此外,在<a href=\"https://laohu8.com/S/JD\">京东</a>的股东里,腾讯持股17%,也是第一大股东。阿里的所有竞争者中,背后似乎都有腾讯的影子。</p>\n<p><b>腾讯的投资,不仅收到巨大的财务回报,也使其在互联网竞争中领先一头。</b>除了拼多多美团,腾讯的投资涉足领域极广,目前势头正盛的<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>,第二大股东为腾讯,而市场知名的<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/VIPS\">唯品会</a>、<a href=\"https://laohu8.com/S/BEKE\">贝壳</a>、<a href=\"https://laohu8.com/S/00762\">中国联通</a>、<a href=\"https://laohu8.com/S/688111\">金山办公</a>等许多许多前景极佳的公司,都有腾讯的影子。</p>\n<p>在投资领域,随着中国市场的整体发展,腾讯将从自己的投资中受益良多。投资的收益,也将持续增厚腾讯的业绩,成为股价推动的持续助力。</p>\n<p>这块的价值,就像茅台的出厂价与批价的差价。</p>\n<p><b>3、尾声</b></p>\n<p>当前的主流是漂亮50行情,这些公司,诚然很贵,但这几年大事件不断,这些优质的资产股价也崩过几次,但回过头看,每一次都是极佳的上车机会。</p>\n<p>过去几年的市场毒打,已经在投资者那里留下了深深的烙印:这些确定性极高的,拥有极深护城河的公司,无论它们经历了怎么样的曲折,最终股价还是会新高的。</p>\n<p>当前58倍的腾讯,虽然贵,但还不至于到了非常泡沫的区间。长期永远涨的信仰经过几年毒打已经变得无比坚定,在这种信仰之下,加上一些类似快手等一众互联网企业的上市刺激,我们很可能看到估值涨破天际的腾讯。</p>\n<p>就像A股的茅台一样。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a0e16df4356317d39c6afb5761b6942b","relate_stocks":{"00700":"腾讯控股"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147568136","content_text":"抱团!\n——是2020年A股行情的主旋律\n在国内股市12月如火如荼的行情下,投资者的热情终于也烧到了港股市场。整个一月,国内资金火力全开,港股的行情被迅速启动。\n其实从一年前开始,资金就一直流入腾讯\n过去一年,南下资金净买入腾讯1814亿,排名第一\n过去3个月,南下资金净买入腾讯1160亿,排名第一\n过去1个月,南下资金净买入腾讯723亿,排名第一\n过去7天,南下资金净买入腾讯332亿,排名第一\n曾经港股有这么一句话:北茅台,南腾讯!作为最受港股投资者喜爱的公司,从年初至今,资金对腾讯的热情正在加速,腾讯的股价也在一路加速。\n\n在如此热潮下,今日开盘不久,腾讯的股价终于触及700的大关,创下历史新高。回顾历史,除了2018年股灾时的大跌,腾讯的股价几乎一路向上。从当下的时点来看,腾讯是不是还可以继续向上,是每个人心中的疑问。\n需知,腾讯过去的股价一般在40倍左右上下,如今已经在58倍左右,历史最高也不过60倍。腾讯的估值能打破历史天花板,继续上行吗?\n我们来看下北茅台,一年前,相信没有几个人会料到茅台的估值会这样抬破天际。\n\n如同去年茅台的逻辑《增加茅台估值中枢抬升逻辑》,在资金的冲击下,腾讯的估值中枢是否有上升的空间?\n两者有许多相似之处,一样的确定性,一样的时间朋友,一如茅台始终有那个巨大的价差给人以希望外,腾讯也有诸多资产有望重估。\n这不是没可能,当下即将上市的快手就是一个刺激点。\n1、视频号的价值重估\n在讲腾讯之前,我们先把目光看向另一家公司:快手。\n1月14日晚间,短视频巨头快手通过港交所聆讯,计划于2月初上市。目前市场对快手的估值,已经超过5000亿人民币,有望成为继阿里巴巴以来香港地区规模最大的IPO项目。在上市路演阶段,快手已经引爆市场的热度,部分机构投资者甚至不惜动用私人关系“预定份额”。\n而在快手上市之后,短视频的第一大龙头抖音,也有计划于上半年在港股上市。两大视频号2021年的战争,从资本市场打响第一枪。\n但除了快手与抖音,在短视频领域还有一位不可忽视的竞争者,就是腾讯视频号。\n本轮腾讯上涨的原因,除了港股市场升温的影响外,一大重要原因就是市场对腾讯视频号的价值重估。在市场热情追捧快手与抖音的局面下,过去在估值体系中常常被忽略的视频号,终于在2021年站在资本世界的镁光灯下。\n在视频号诞生之前,腾讯曾在短视频领域推出腾讯微视,但市场表现不及预期,没有对抖音快手分天下的格局产生影响。于是在去年今日,腾讯在短视频领域再一次吹响号角:视频号横空出世。经过一年的洗礼,视频号的表现远远好于腾讯微视,在这一次的短视频战争中取得了不俗的结果。\n早先的腾讯微视在短视频市场失败的首要原因,是没有找准自身定位。微视的运营借鉴了抖音的模式,但由于没有差异性,用户并没有从抖音换到微视的动力,因此没有得到群众支持。\n在用户量不足的情况下,微视在内容端也捉襟见肘。对比另一家短视频龙头,快手的崛起依靠了大量的UGC内容吸引流量。在分发原则上,快手尊崇“平等普惠”,每个人都有展示自己的平等分发机会,而非快手注重分发头部流量。因此,快手对用户最为友好,因此用户量持续提升,提升的用户量又创造出大量的UGC内容,吸引新的用户,形成正向循环,也成为了快手的取胜之匙。\n在微视失败后,视频号的发展吸取了这些教训。\n视频号不需要像微视一样单独下载软件,而是直接放在微信中,这使得微视当初遇到的用户量问题首先被解决。微信DAU超过10亿,目前抖音DAU约6亿,快手DAU约3亿,从用户量来看,视频号站在微信的肩膀上,从出生开始就含着金汤匙。\n如果比较视频号、快手与抖音,视频号目前的模式更像快手。快手在运营上牺牲了很大一部分商业性,更注重社群关系,这也正是“老铁”文化产生的原因。视频号在微信的基础上加入了社交关系链,短视频可以直接分享到朋友圈、微信群发等,使得用户生产的内容可以得到足量的反馈,形成正向循环。而在社交关系问题上,视频号好友与微信好友并不相通,这使得用户隐私并不会受到社交关系的影响。\n最后一点,是视频号的直播功能。以快手为例,快手目前的最大营收来源是直播业务,而腾讯视频号过去在直播变现上并特别没有发力,这一业务的盈利潜力未被激发。而从最新的微信8.0版本来看,直播业务所使用的虚拟货币“微信豆”的充值入口已经改变,目前可以从个人资料里找到微信豆充值入口,而不是之前必须在直播中才能找到。“微信豆”入口的改变,说明视频号开始正式发力直播业务,盈利能力正在提升。\n除此之外,视频号直播与电商功能的联系也颇具想象力。2020年10月,视频号与微信小商店之间渠道打通,视频号个人页可以链接微信小商店,播放页可以插入公众号链接,直播间直接链接电商小程序,这使得微信在电商功能上如虎添翼。\n这样来看,视频号已经聚焦了抖音与快手的优势,有成为短视频领域头号玩家的潜力。\n那么既然快手值5000亿人民币,视频号值多少呢?视频号从诞生到今天,也仅仅经历一年时间,依然很多进步的空间。过去市场对视频号整体重视程度不高,但随着快手与抖音上市受热捧,视频号的价值也终于迎来重估。可以确定的是,腾讯的价值将随着视频号的崛起继续向上。\n2、“投资大师”\n其实还有个更简单明了的点。\n快手上市,最大的受益者是谁?\n是腾讯。\n在快手的招股说明书里,可以看到宿华、程一笑等管理层合计持股达27.16%,而腾讯其实才是快手的第一大股东,持股占比21.57%。\n而在快手上市后,二级市场的追捧将进一步提升快手的估值。而正如前文所说,如果快手值5000亿,视频号值多少?如果市场再给予快手更高的估值,视频号的价值不值得更高吗?\n腾讯在这一次投资中,不仅享受对快手财务投资得来的回报,同时也使市场对自己的业务估值提升,一次投资可以带来双重回报,腾讯确实是一位“投资大师”。\n而腾讯在投资战场上,并不是只有这一场胜仗。\n2020年在投资界最受欢迎的公司,除了特斯拉之外,电商搅局者拼多多必定榜上有名。\n从2016年开始,腾讯的身影出现在拼多多的每一轮融资之中,累计持股16%,是除了创始人黄征(持股36.3%)之外的第一大股东。从上市到今日,拼多多的股价涨了6倍不止,腾讯对其的投资也因此大赚。\n\n而腾讯从投资拼多多所收获的,不仅仅只是财务回报。2020年,拼多多在电商格局已经固定的局面下,以一己之力改变整个市场,作为电商巨头的阿里,也明显受到了拼多多崛起的影响。\n而除了拼多多,美团的崛起也对阿里有不小的影响。在美团的投资者中,也还是看到那个熟悉的身影:腾讯。\n\n此外,在京东的股东里,腾讯持股17%,也是第一大股东。阿里的所有竞争者中,背后似乎都有腾讯的影子。\n腾讯的投资,不仅收到巨大的财务回报,也使其在互联网竞争中领先一头。除了拼多多美团,腾讯的投资涉足领域极广,目前势头正盛的哔哩哔哩,第二大股东为腾讯,而市场知名的蔚来、唯品会、贝壳、中国联通、金山办公等许多许多前景极佳的公司,都有腾讯的影子。\n在投资领域,随着中国市场的整体发展,腾讯将从自己的投资中受益良多。投资的收益,也将持续增厚腾讯的业绩,成为股价推动的持续助力。\n这块的价值,就像茅台的出厂价与批价的差价。\n3、尾声\n当前的主流是漂亮50行情,这些公司,诚然很贵,但这几年大事件不断,这些优质的资产股价也崩过几次,但回过头看,每一次都是极佳的上车机会。\n过去几年的市场毒打,已经在投资者那里留下了深深的烙印:这些确定性极高的,拥有极深护城河的公司,无论它们经历了怎么样的曲折,最终股价还是会新高的。\n当前58倍的腾讯,虽然贵,但还不至于到了非常泡沫的区间。长期永远涨的信仰经过几年毒打已经变得无比坚定,在这种信仰之下,加上一些类似快手等一众互联网企业的上市刺激,我们很可能看到估值涨破天际的腾讯。\n就像A股的茅台一样。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1920,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":304454551,"gmtCreate":1605282007273,"gmtModify":1703837292090,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3459313033943296","idStr":"3459313033943296"},"themes":[],"htmlText":"<a 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href=\"https://laohu8.com/S/KODK\">$柯达(KODK)$</a>又来了","text":"$柯达(KODK)$又来了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/942956687","isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":954249793,"gmtCreate":1592958526912,"gmtModify":1704200723495,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3459313033943296","idStr":"3459313033943296"},"themes":[],"htmlText":"看了都不敢打新了","listText":"看了都不敢打新了","text":"看了都不敢打新了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/954249793","repostId":"2032944345","repostType":2,"repost":{"id":"2032944345","pubTimestamp":1588077302,"share":"https://www.laohu8.com/m/news/2032944345?lang=&edition=full","pubTime":"2020-04-28 20:35","market":"hk","language":"zh","title":"金色观察 | 亿邦国际正式向美国SEC提交招股书 独家解读","url":"https://stock-news.laohu8.com/highlight/detail?id=2032944345","media":"金色财经","summary":"亿邦国际或将成为继嘉楠耘智之后第二家在美股上市的矿机企业。2020年4月24日,美国证券交易委员会(SEC)官网公布亿邦国际提交的IPO注册申请文件。该公司计划在纽约证券交易所或纳斯达克上市,股票代码","content":"<p>亿邦国际或将成为继嘉楠耘智之后第二家在美股上市的矿机企业。</p><p>2020年4月24日,美国证券交易委员会(SEC)官网公布亿邦国际提交的IPO注册申请文件。该公司计划在纽约证券交易所或纳斯达克上市,股票代码为EBON。AMTD Global Markets和Loop Capital Markets为此次IPO承销商。文件显示,亿邦国际拟通过首次公开发行(IPO)筹集至多1亿美元。</p><p>亿邦国际此次IPO在市场上格外引人瞩目,有两个原因,因为如果亿邦国际IPO成功,那么:<b>一、它将成为第二家在美股上市的比特币矿机制造商;二、它将成为因新冠疫情引发的中美资本市场紧张以及瑞幸咖啡造假事件之后,首家在美IPO的中概股公司。</b></p><p>此前亿邦国际在2018年和2019年曾连续两次试图在港交所IPO失败。亿邦国际曾于2018年6月24日首次递交港交所上市申请,但该申请于2018年12月失效。2018年12月20日,亿邦国际再次向港交所提交上市申请,2019年6月21日,港交所披露信息显示,亿邦国际的招股书再次失效。</p><p>和亿邦国际一样,另外两家比特币制造商比特币大陆、嘉楠耘智均在2018年向港交所提交IPO招股书,但受累于2018年的比特币熊市和监管不明确性,皆未能得偿所愿。</p><p>2019年嘉楠耘智转战美股,2019年10月28日向美国证券交易委员会(SEC)递交 IPO 申请书,于当年11月21日成功在纳斯达克挂牌上市。</p><p>2020年轮到亿邦国际了。亿邦国际于2020年2月14日秘密向美国证券交易委员会(SEC)提交文件,4月24日美国证券交易委员会(SEC)公开IPO招股书。</p><p>下面跟随金色财经记者通过IPO文件来看亿邦国际2019年的经营状况。</p><p><span><b>一、亿邦国际营收情况</b></span></p><p><img src=\"https://static.tigerbbs.com/28bfe853840c33e9d23aef87faac8bc7\" /></p><p><span><b>亿邦国际2018年和2019年营收分别为3.190亿美元和1.091亿美元,下降65.8%。</b></span>2018年毛利2444.6万美元,2019年毛亏损3056.4万美元。2018年和2019年净亏损分别为1181.4万美元和4107.3万美元,<span>归属于IPO主体公司亿邦国际控股的净亏损为1230.8万美元和4240.3万美元</span>。</p><p><span>二、营收来源</span></p><p><img src=\"https://static.tigerbbs.com/db350c188995bc7a08d71c7383947658\" /></p><p><span>亿邦国际收入主要有三个来源:比特币矿机及配件销售、矿机托管和维修服务和电信网络费</span>。前两个占绝大部分收入。比特币矿机及配件销售主要受比特币币价影响,2018年和2019年,矿机及配件销售收入占总营收比例分别为96.3%和82.4%。矿机托管和维修服务服务收入分别占2.4%和14.4%。</p><p><span>三、矿机销售情况</span></p><p>目前亿邦国际主要提供的矿机产品为翼比特E9+、翼比特E9系列、翼比特E10系列、翼比特E12。</p><p><img src=\"https://static.tigerbbs.com/5c61379ef3d2e08a75e9c778a61fd835\" /></p><p><span><b>2018年共售出41.59万台矿机</b></span>,翼比特E9+、翼比特E9系列占绝大部分;<b><span>2019年矿机销售下降到29万台</span></b>,虽然新矿机E12售出近5万台,但是2018年的主力机型E9系列和E10系列仍然占据近80%的出货量。</p><p>更糟糕的是,2019年矿机的平均售价从2018年的737美元下降到304美元。<span>销量下降,再加上矿机价格下跌,这或许是亿邦国际2019年营收同比下降近66%的主要原因。</span></p><p>此外,亿邦国际旗下的矿机产品翼比特E9系列、翼比特E10系列、翼比特E12均为10nm矿机,而竞争对手均已推出7nm矿机。同样糟糕的是<span>亿邦国际在2019年的研发费用急剧下降</span>,从2018年的4350万美元降至2019年的1340万美元。</p><p><span>四、严重依赖中国市场客户</span></p><p><img src=\"https://static.tigerbbs.com/8dcd3086d7a8c46aa7a49d6f9fc855b6\" /></p><p>2018年中国市场客户收入占亿邦国际总收入的比例高达91.4%。2019年占比有所下降,但是占比仍然达到87.5%。</p><p>尽管中国市场客户收入占比有所下降,但是亿邦国际还是严重依赖中国市场客户。毕竟中国在比特币算力市场占统治地位。</p><p><span><b>五、公司股权机构</b></span></p><p>此次IPO的是亿邦国际的A类普通股,每股0.001港元。B类股投票权是A股的20倍,而且可以转换为A类股。</p><p>下图为亿邦国际的股权结构。</p><p><img src=\"https://static.tigerbbs.com/1f202262f493845afdfd2382d21e637b\" /></p><p>IPO前亿邦国际创始人胡东股权占比41.82%。</p><p><img src=\"https://static.tigerbbs.com/e76bb6a1fe81b4683a1e9af34360d2ea\" 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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金色观察 | 亿邦国际正式向美国SEC提交招股书 独家解读\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-04-28 20:35 北京时间 <a href=https://www.jinse.com/news/blockchain/642383.html><strong>金色财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>亿邦国际或将成为继嘉楠耘智之后第二家在美股上市的矿机企业。2020年4月24日,美国证券交易委员会(SEC)官网公布亿邦国际提交的IPO注册申请文件。该公司计划在纽约证券交易所或纳斯达克上市,股票代码为EBON。AMTD Global Markets和Loop Capital Markets为此次IPO承销商。文件显示,亿邦国际拟通过首次公开发行(IPO)筹集至多1亿美元。亿邦国际此次IPO在市场...</p>\n\n<a href=\"https://www.jinse.com/news/blockchain/642383.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/1c0bfebcb37e1240d16377a06ed99d55","relate_stocks":{"EBON":"亿邦国际"},"source_url":"https://www.jinse.com/news/blockchain/642383.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2032944345","content_text":"亿邦国际或将成为继嘉楠耘智之后第二家在美股上市的矿机企业。2020年4月24日,美国证券交易委员会(SEC)官网公布亿邦国际提交的IPO注册申请文件。该公司计划在纽约证券交易所或纳斯达克上市,股票代码为EBON。AMTD Global Markets和Loop Capital Markets为此次IPO承销商。文件显示,亿邦国际拟通过首次公开发行(IPO)筹集至多1亿美元。亿邦国际此次IPO在市场上格外引人瞩目,有两个原因,因为如果亿邦国际IPO成功,那么:一、它将成为第二家在美股上市的比特币矿机制造商;二、它将成为因新冠疫情引发的中美资本市场紧张以及瑞幸咖啡造假事件之后,首家在美IPO的中概股公司。此前亿邦国际在2018年和2019年曾连续两次试图在港交所IPO失败。亿邦国际曾于2018年6月24日首次递交港交所上市申请,但该申请于2018年12月失效。2018年12月20日,亿邦国际再次向港交所提交上市申请,2019年6月21日,港交所披露信息显示,亿邦国际的招股书再次失效。和亿邦国际一样,另外两家比特币制造商比特币大陆、嘉楠耘智均在2018年向港交所提交IPO招股书,但受累于2018年的比特币熊市和监管不明确性,皆未能得偿所愿。2019年嘉楠耘智转战美股,2019年10月28日向美国证券交易委员会(SEC)递交 IPO 申请书,于当年11月21日成功在纳斯达克挂牌上市。2020年轮到亿邦国际了。亿邦国际于2020年2月14日秘密向美国证券交易委员会(SEC)提交文件,4月24日美国证券交易委员会(SEC)公开IPO招股书。下面跟随金色财经记者通过IPO文件来看亿邦国际2019年的经营状况。一、亿邦国际营收情况亿邦国际2018年和2019年营收分别为3.190亿美元和1.091亿美元,下降65.8%。2018年毛利2444.6万美元,2019年毛亏损3056.4万美元。2018年和2019年净亏损分别为1181.4万美元和4107.3万美元,归属于IPO主体公司亿邦国际控股的净亏损为1230.8万美元和4240.3万美元。二、营收来源亿邦国际收入主要有三个来源:比特币矿机及配件销售、矿机托管和维修服务和电信网络费。前两个占绝大部分收入。比特币矿机及配件销售主要受比特币币价影响,2018年和2019年,矿机及配件销售收入占总营收比例分别为96.3%和82.4%。矿机托管和维修服务服务收入分别占2.4%和14.4%。三、矿机销售情况目前亿邦国际主要提供的矿机产品为翼比特E9+、翼比特E9系列、翼比特E10系列、翼比特E12。2018年共售出41.59万台矿机,翼比特E9+、翼比特E9系列占绝大部分;2019年矿机销售下降到29万台,虽然新矿机E12售出近5万台,但是2018年的主力机型E9系列和E10系列仍然占据近80%的出货量。更糟糕的是,2019年矿机的平均售价从2018年的737美元下降到304美元。销量下降,再加上矿机价格下跌,这或许是亿邦国际2019年营收同比下降近66%的主要原因。此外,亿邦国际旗下的矿机产品翼比特E9系列、翼比特E10系列、翼比特E12均为10nm矿机,而竞争对手均已推出7nm矿机。同样糟糕的是亿邦国际在2019年的研发费用急剧下降,从2018年的4350万美元降至2019年的1340万美元。四、严重依赖中国市场客户2018年中国市场客户收入占亿邦国际总收入的比例高达91.4%。2019年占比有所下降,但是占比仍然达到87.5%。尽管中国市场客户收入占比有所下降,但是亿邦国际还是严重依赖中国市场客户。毕竟中国在比特币算力市场占统治地位。五、公司股权机构此次IPO的是亿邦国际的A类普通股,每股0.001港元。B类股投票权是A股的20倍,而且可以转换为A类股。下图为亿邦国际的股权结构。IPO前亿邦国际创始人胡东股权占比41.82%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":955760181,"gmtCreate":1592555943843,"gmtModify":1704199716062,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3459313033943296","idStr":"3459313033943296"},"themes":[],"htmlText":"这是利好还是利空,凭啥网易就不能","listText":"这是利好还是利空,凭啥网易就不能","text":"这是利好还是利空,凭啥网易就不能","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/955760181","repostId":"1160044310","repostType":4,"isVote":1,"tweetType":1,"viewCount":1037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":925734767,"gmtCreate":1588142197259,"gmtModify":1704366547746,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3459313033943296","idStr":"3459313033943296"},"themes":[],"htmlText":"今晚蔚来要飞了吗?","listText":"今晚蔚来要飞了吗?","text":"今晚蔚来要飞了吗?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/925734767","repostId":"1137563221","repostType":4,"repost":{"id":"1137563221","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":1588141477,"share":"https://www.laohu8.com/m/news/1137563221?lang=&edition=full","pubTime":"2020-04-29 14:24","market":"us","language":"zh","title":"战略投资“蔚来中国”的最终协议正式签署","url":"https://stock-news.laohu8.com/highlight/detail?id=1137563221","media":"老虎资讯综合","summary":"蔚来今日将与战略投资者签署关于投资蔚来中国的最终协议,并与合肥经济技术开发区就蔚来中国总部入驻达成协议。根据协议,蔚来将向蔚来中国的法律主体蔚来(安徽)控股有限公司注入中国范围内包括整车研发、供应链与","content":"<p><span><a href=\"https://laohu8.com/S/NIO\">蔚来</a>今日将与战略投资者签署关于投资蔚来中国的最终协议,并与合肥经济技术开发区就蔚来中国总部入驻达成协议。</span></p><p><span>根据协议,蔚来将向蔚来中国的法律主体蔚来(安徽)控股有限公司注入中国范围内包括整车研发、供应链与制造、销售与服务、能源服务等核心业务与相关资产,以上业务与资产估值177.7亿元人民币。</span></p><p><span>此外,蔚来将向蔚来中国投资42.6亿元人民币。交易完成后,蔚来将持有蔚来中国75.9%的控股股份,战略投资者将合计持有24.1%的股份。合肥也将对蔚来中国总部的设立以及后续研发与制造基地的建设给予全面支持。</span></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\" 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href=\"https://laohu8.com/S/NIO\">蔚来</a>今日将与战略投资者签署关于投资蔚来中国的最终协议,并与合肥经济技术开发区就蔚来中国总部入驻达成协议。</span></p><p><span>根据协议,蔚来将向蔚来中国的法律主体蔚来(安徽)控股有限公司注入中国范围内包括整车研发、供应链与制造、销售与服务、能源服务等核心业务与相关资产,以上业务与资产估值177.7亿元人民币。</span></p><p><span>此外,蔚来将向蔚来中国投资42.6亿元人民币。交易完成后,蔚来将持有蔚来中国75.9%的控股股份,战略投资者将合计持有24.1%的股份。合肥也将对蔚来中国总部的设立以及后续研发与制造基地的建设给予全面支持。</span></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/eebab619623966f6e7115434f653b888","relate_stocks":{"NIO":"蔚来"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137563221","content_text":"蔚来今日将与战略投资者签署关于投资蔚来中国的最终协议,并与合肥经济技术开发区就蔚来中国总部入驻达成协议。根据协议,蔚来将向蔚来中国的法律主体蔚来(安徽)控股有限公司注入中国范围内包括整车研发、供应链与制造、销售与服务、能源服务等核心业务与相关资产,以上业务与资产估值177.7亿元人民币。此外,蔚来将向蔚来中国投资42.6亿元人民币。交易完成后,蔚来将持有蔚来中国75.9%的控股股份,战略投资者将合计持有24.1%的股份。合肥也将对蔚来中国总部的设立以及后续研发与制造基地的建设给予全面支持。","news_type":1},"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":942364246,"gmtCreate":1596088902985,"gmtModify":1704210911202,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3459313033943296","authorIdStr":"3459313033943296"},"themes":[],"htmlText":"<a 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href=\"https://laohu8.com/S/000001.SH\">$上证指数(000001.SH)$</a>最后一小时见证奇迹","text":"$上证指数(000001.SH)$最后一小时见证奇迹","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/942364246","isVote":1,"tweetType":1,"viewCount":1167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":144989554,"gmtCreate":1626261054378,"gmtModify":1626261054378,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3459313033943296","authorIdStr":"3459313033943296"},"themes":[],"htmlText":"这样我觉得支付宝比较危险","listText":"这样我觉得支付宝比较危险","text":"这样我觉得支付宝比较危险","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/144989554","repostId":"1118876624","repostType":4,"repost":{"id":"1118876624","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":1626259940,"share":"https://www.laohu8.com/m/news/1118876624?lang=&edition=full","pubTime":"2021-07-14 18:52","market":"us","language":"zh","title":"传阿里巴巴和腾讯考虑互相开放生态系统","url":"https://stock-news.laohu8.com/highlight/detail?id=1118876624","media":"老虎资讯综合","summary":"7月14日消息,据悉,阿里巴巴和腾讯考虑互相开放生态系统。\n消息人士称,阿里巴巴的初步举措可能包括将微信支付引入淘宝和天猫;而腾讯可能将允许阿里巴巴的电商信息在微信分享,或者允许微信用户通过小程序使用","content":"<p>7月14日消息,据悉,<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>和<a href=\"https://laohu8.com/S/00700\">腾讯</a>考虑互相开放生态系统。</p>\n<p>消息人士称,阿里巴巴的初步举措可能包括将微信支付引入淘宝和天猫;而腾讯可能将允许阿里巴巴的电商信息在微信分享,或者允许微信用户通过小程序使用阿里巴巴的一些服务。</p>\n<p>截至发稿,阿里巴巴盘前涨超3%。</p>\n<p><img src=\"https://static.tigerbbs.com/057e1877aa16d837448e6d0304035ce1\" tg-width=\"1393\" tg-height=\"924\" 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\" 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18:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>7月14日消息,据悉,<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>和<a href=\"https://laohu8.com/S/00700\">腾讯</a>考虑互相开放生态系统。</p>\n<p>消息人士称,阿里巴巴的初步举措可能包括将微信支付引入淘宝和天猫;而腾讯可能将允许阿里巴巴的电商信息在微信分享,或者允许微信用户通过小程序使用阿里巴巴的一些服务。</p>\n<p>截至发稿,阿里巴巴盘前涨超3%。</p>\n<p><img src=\"https://static.tigerbbs.com/057e1877aa16d837448e6d0304035ce1\" tg-width=\"1393\" tg-height=\"924\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c2c4ce769f2217ae37a99bea84fa5ba8","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118876624","content_text":"7月14日消息,据悉,阿里巴巴和腾讯考虑互相开放生态系统。\n消息人士称,阿里巴巴的初步举措可能包括将微信支付引入淘宝和天猫;而腾讯可能将允许阿里巴巴的电商信息在微信分享,或者允许微信用户通过小程序使用阿里巴巴的一些服务。\n截至发稿,阿里巴巴盘前涨超3%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":2500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":942131985,"gmtCreate":1596105646247,"gmtModify":1704210999558,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3459313033943296","authorIdStr":"3459313033943296"},"themes":[],"htmlText":"<a 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16:36","market":"hk","language":"zh","title":"京东港股将从7月6日起调入恒生综合指数","url":"https://stock-news.laohu8.com/highlight/detail?id=1160044310","media":"老虎资讯综合","summary":"今日(19日),据恒指公司披露,京东集团-SW符合恒生综合指数的快速纳入指数规则要求,将于7月3日(周五)收市后纳入恒生综合指数和恒生互联网科技业指数等指数,并于7月6日(周一)起生效。","content":"<p><span>今日(19日),据恒指公司披露,<a href=\"https://laohu8.com/S/09618\">京东集团-SW</a>符合恒生综合指数的快速纳入指数规则要求,将于7月3日(周五)收市后纳入恒生综合指数和恒生互联网科技业指数等指数,并于7月6日(周一)起生效。</span></p><p><img src=\"https://static.tigerbbs.com/81df1bf07a94821e2c3ba1845e4c4d59\" tg-width=\"1169\" tg-height=\"1182\"></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>京东港股将从7月6日起调入恒生综合指数</title>\n<style 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href=\"https://laohu8.com/S/09618\">京东集团-SW</a>符合恒生综合指数的快速纳入指数规则要求,将于7月3日(周五)收市后纳入恒生综合指数和恒生互联网科技业指数等指数,并于7月6日(周一)起生效。</span></p><p><img src=\"https://static.tigerbbs.com/81df1bf07a94821e2c3ba1845e4c4d59\" tg-width=\"1169\" tg-height=\"1182\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cf5337c9c7bc23ec872d30a10fe10327","relate_stocks":{"JD":"京东","09618":"京东集团-SW"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160044310","content_text":"今日(19日),据恒指公司披露,京东集团-SW符合恒生综合指数的快速纳入指数规则要求,将于7月3日(周五)收市后纳入恒生综合指数和恒生互联网科技业指数等指数,并于7月6日(周一)起生效。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":942171436,"gmtCreate":1596115873325,"gmtModify":1704211095580,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3459313033943296","authorIdStr":"3459313033943296"},"themes":[],"htmlText":"<a 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18:55","market":"hk","language":"zh","title":"市场消息:恒大正与小米谈判出售电动汽车部门的股份","url":"https://stock-news.laohu8.com/highlight/detail?id=1187481946","media":"老虎资讯综合","summary":"市场消息:中国恒大集团正在与小米谈判出售电动汽车部门的股份。","content":"<p>市场消息:中国恒大集团正在与小米谈判出售电动汽车部门的股份。</p>\n<p><img src=\"https://static.tigerbbs.com/de01d626f6bf1c10af19690853f1a1b5\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/e9cee1d0febf22098d3546faccb7676d\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></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>市场消息:恒大正与小米谈判出售电动汽车部门的股份</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市场消息:恒大正与小米谈判出售电动汽车部门的股份\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\">2021-08-19 18:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>市场消息:中国恒大集团正在与小米谈判出售电动汽车部门的股份。</p>\n<p><img src=\"https://static.tigerbbs.com/de01d626f6bf1c10af19690853f1a1b5\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/e9cee1d0febf22098d3546faccb7676d\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7b6f993a5f8d78485f7cb0eefa540f23","relate_stocks":{"03333":"中国恒大","00708":"恒大汽车","01810":"小米集团-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187481946","content_text":"市场消息:中国恒大集团正在与小米谈判出售电动汽车部门的股份。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":310125063,"gmtCreate":1611288388552,"gmtModify":1703749453816,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3459313033943296","authorIdStr":"3459313033943296"},"themes":[],"htmlText":"腾讯视频号就是垃圾","listText":"腾讯视频号就是垃圾","text":"腾讯视频号就是垃圾","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/310125063","repostId":"1147568136","repostType":4,"repost":{"id":"1147568136","weMediaInfo":{"introduction":"格隆汇旗下公众号。分享和探讨港股、美国中概股以及少量估值确有吸引力之A股的投资线索、投资机会与投资心得.","home_visible":1,"media_name":"格隆汇","id":"3","head_image":"https://static.tigerbbs.com/24397cd0a72f485e9734d658c5a0841d"},"pubTimestamp":1611279468,"share":"https://www.laohu8.com/m/news/1147568136?lang=&edition=full","pubTime":"2021-01-22 09:37","market":"hk","language":"zh","title":"腾讯会不会是南下抱团第一股?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147568136","media":"格隆汇","summary":"抱团!\n——是2020年A股行情的主旋律\n在国内股市12月如火如荼的行情下,投资者的热情终于也烧到了港股市场。整个一月,国内资金火力全开,港股的行情被迅速启动。\n其实从一年前开始,资金就一直流入腾讯\n","content":"<p><b>抱团!</b></p>\n<p><b>——是2020年A股行情的主旋律</b></p>\n<p>在国内股市12月如火如荼的行情下,投资者的热情终于也烧到了港股市场。整个一月,国内资金火力全开,港股的行情被迅速启动。</p>\n<p>其实从一年前开始,资金就一直流入<a href=\"https://laohu8.com/S/00700\">腾讯</a></p>\n<p><i>过去一年,南下资金净买入<a href=\"https://laohu8.com/S/00700\">腾讯</a>1814亿,排名第一</i></p>\n<p><i>过去3个月,南下资金净买入腾讯1160亿,排名第一</i></p>\n<p><i>过去1个月,南下资金净买入腾讯723亿,排名第一</i></p>\n<p><i>过去7天,南下资金净买入腾讯332亿,排名第一</i></p>\n<p>曾经港股有这么一句话:<b>北茅台,南腾讯</b>!作为最受港股投资者喜爱的公司,从年初至今,资金对腾讯的热情正在加速,腾讯的股价也在一路加速。</p>\n<p><img src=\"https://static.tigerbbs.com/5d555cd9163b7e94be48a94df99954c7\" tg-width=\"1080\" tg-height=\"556\"></p>\n<p>在如此热潮下,今日开盘不久,腾讯的股价终于触及700的大关,创下历史新高。回顾历史,除了2018年股灾时的大跌,腾讯的股价几乎一路向上。从当下的时点来看,腾讯是不是还可以继续向上,是每个人心中的疑问。</p>\n<p>需知,腾讯过去的股价一般在40倍左右上下,如今已经在58倍左右,历史最高也不过60倍。腾讯的估值能打破历史天花板,继续上行吗?</p>\n<p>我们来看下北茅台,一年前,相信没有几个人会料到茅台的估值会这样抬破天际。</p>\n<p><img src=\"https://static.tigerbbs.com/e6ab492abc26fb3f97d373be52cb9e98\" tg-width=\"1080\" tg-height=\"529\"></p>\n<p>如同去年茅台的逻辑《增加茅台估值中枢抬升逻辑》,在资金的冲击下,腾讯的估值中枢是否有上升的空间?</p>\n<p>两者有许多相似之处,一样的确定性,一样的时间朋友,一如茅台始终有那个巨大的价差给人以希望外,腾讯也有诸多资产有望重估。</p>\n<p>这不是没可能,当下即将上市的快手就是一个刺激点。</p>\n<p><b>1、视频号的价值重估</b></p>\n<p>在讲腾讯之前,我们先把目光看向另一家公司:<b>快手。</b></p>\n<p>1月14日晚间,短视频巨头快手通过港交所聆讯,计划于2月初上市。目前市场对快手的估值,已经超过5000亿人民币,有望成为继<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>以来香港地区规模最大的IPO项目。在上市路演阶段,快手已经引爆市场的热度,部分机构投资者甚至不惜动用私人关系“预定份额”。</p>\n<p>而在快手上市之后,短视频的第一大龙头抖音,也有计划于上半年在港股上市。两大视频号2021年的战争,从资本市场打响第一枪。</p>\n<p>但除了快手与抖音,在短视频领域还有一位不可忽视的竞争者,就是腾讯视频号。</p>\n<p><b>本轮腾讯上涨的原因,除了港股市场升温的影响外,一大重要原因就是市场对腾讯视频号的价值重估。</b>在市场热情追捧快手与抖音的局面下,过去在估值体系中常常被忽略的视频号,终于在2021年站在资本世界的镁光灯下。</p>\n<p>在视频号诞生之前,腾讯曾在短视频领域推出腾讯微视,但市场表现不及预期,没有对抖音快手分天下的格局产生影响。于是在去年今日,腾讯在短视频领域再一次吹响号角:视频号横空出世。经过一年的洗礼,视频号的表现远远好于腾讯微视,在这一次的短视频战争中取得了不俗的结果。</p>\n<p>早先的腾讯微视在短视频市场失败的首要原因,是<b>没有找准自身定位</b>。微视的运营借鉴了抖音的模式,但由于没有差异性,用户并没有从抖音换到微视的动力,因此没有得到群众支持。</p>\n<p>在用户量不足的情况下,<b>微视在内容端也捉襟见肘。</b>对比另一家短视频龙头,快手的崛起依靠了大量的UGC内容吸引流量。在分发原则上,快手尊崇“平等普惠”,每个人都有展示自己的平等分发机会,而非快手注重分发头部流量。因此,快手对用户最为友好,因此用户量持续提升,提升的用户量又创造出大量的UGC内容,吸引新的用户,形成正向循环,也成为了快手的取胜之匙。</p>\n<p>在微视失败后,视频号的发展吸取了这些教训。</p>\n<p>视频号不需要像微视一样单独下载软件,而是直接放在微信中,这使得微视当初遇到的<b>用户量问题首先被解决</b>。微信DAU超过10亿,目前抖音DAU约6亿,快手DAU约3亿,从用户量来看,视频号站在微信的肩膀上,从出生开始就含着金汤匙。</p>\n<p>如果比较视频号、快手与抖音,视频号目前的模式更像快手。快手在运营上牺牲了很大一部分商业性,更注重社群关系,这也正是“老铁”文化产生的原因。<b>视频号在微信的基础上加入了社交关系链,短视频可以直接分享到朋友圈、微信群发等,使得用户生产的内容可以得到足量的反馈,形成正向循环。</b>而在社交关系问题上,视频号好友与微信好友并不相通,这使得用户隐私并不会受到社交关系的影响。</p>\n<p>最后一点,是视频号的直播功能。以快手为例,快手目前的最大营收来源是直播业务,而腾讯视频号过去在直播变现上并特别没有发力,这一业务的盈利潜力未被激发。而从最新的微信8.0版本来看,直播业务所使用的虚拟货币“微信豆”的充值入口已经改变,目前可以从个人资料里找到微信豆充值入口,而不是之前必须在直播中才能找到。“微信豆”入口的改变,说明<b>视频号开始正式发力直播业务,盈利能力正在提升。</b></p>\n<p>除此之外,<b>视频号直播与电商功能的联系也颇具想象力。</b>2020年10月,视频号与微信小商店之间渠道打通,视频号个人页可以链接微信小商店,播放页可以插入公众号链接,直播间直接链接电商小程序,这使得微信在电商功能上如虎添翼。</p>\n<p><b>这样来看,视频号已经聚焦了抖音与快手的优势,有成为短视频领域头号玩家的潜力。</b></p>\n<p>那么既然快手值5000亿人民币,视频号值多少呢?视频号从诞生到今天,也仅仅经历一年时间,依然很多进步的空间。过去市场对视频号整体重视程度不高,但随着快手与抖音上市受热捧,视频号的价值也终于迎来重估。可以确定的是,腾讯的价值将随着视频号的崛起继续向上。</p>\n<p><b>2、“投资大师”</b></p>\n<p>其实还有个更简单明了的点。</p>\n<p><b>快手上市,最大的受益者是谁?</b></p>\n<p><b>是腾讯。</b></p>\n<p>在快手的招股说明书里,可以看到宿华、程一笑等管理层合计持股达27.16%,而腾讯其实才是快手的第一大股东,持股占比21.57%。</p>\n<p>而在快手上市后,二级市场的追捧将进一步提升快手的估值。而正如前文所说,如果快手值5000亿,视频号值多少?如果市场再给予快手更高的估值,视频号的价值不值得更高吗?</p>\n<p>腾讯在这一次投资中,不仅享受对快手财务投资得来的回报,同时也使市场对自己的业务估值提升,一次投资可以带来双重回报,腾讯确实是一位“投资大师”。</p>\n<p>而腾讯在投资战场上,并不是只有这一场胜仗。</p>\n<p>2020年在投资界最受欢迎的公司,除了<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>之外,电商搅局者<a href=\"https://laohu8.com/S/PDD\">拼多多</a>必定榜上有名。</p>\n<p>从2016年开始,腾讯的身影出现在<a href=\"https://laohu8.com/S/PDD\">拼多多</a>的每一轮融资之中,累计持股16%,是除了创始人黄征(持股36.3%)之外的第一大股东。从上市到今日,拼多多的股价涨了6倍不止,腾讯对其的投资也因此大赚。</p>\n<p><img src=\"https://static.tigerbbs.com/77408cf89723f3298e9dd34c8ed29a1b\" tg-width=\"1000\" tg-height=\"630\"></p>\n<p>而腾讯从投资拼多多所收获的,不仅仅只是财务回报。2020年,拼多多在电商格局已经固定的局面下,以一己之力改变整个市场,作为电商巨头的阿里,也明显受到了拼多多崛起的影响。</p>\n<p>而除了拼多多,美团的崛起也对阿里有不小的影响。在美团的投资者中,也还是看到那个熟悉的身影:<b>腾讯</b>。</p>\n<p><img src=\"https://static.tigerbbs.com/f2cf82312db67a68392464e0c25dea25\" tg-width=\"995\" tg-height=\"592\"></p>\n<p>此外,在<a href=\"https://laohu8.com/S/JD\">京东</a>的股东里,腾讯持股17%,也是第一大股东。阿里的所有竞争者中,背后似乎都有腾讯的影子。</p>\n<p><b>腾讯的投资,不仅收到巨大的财务回报,也使其在互联网竞争中领先一头。</b>除了拼多多美团,腾讯的投资涉足领域极广,目前势头正盛的<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>,第二大股东为腾讯,而市场知名的<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/VIPS\">唯品会</a>、<a href=\"https://laohu8.com/S/BEKE\">贝壳</a>、<a href=\"https://laohu8.com/S/00762\">中国联通</a>、<a href=\"https://laohu8.com/S/688111\">金山办公</a>等许多许多前景极佳的公司,都有腾讯的影子。</p>\n<p>在投资领域,随着中国市场的整体发展,腾讯将从自己的投资中受益良多。投资的收益,也将持续增厚腾讯的业绩,成为股价推动的持续助力。</p>\n<p>这块的价值,就像茅台的出厂价与批价的差价。</p>\n<p><b>3、尾声</b></p>\n<p>当前的主流是漂亮50行情,这些公司,诚然很贵,但这几年大事件不断,这些优质的资产股价也崩过几次,但回过头看,每一次都是极佳的上车机会。</p>\n<p>过去几年的市场毒打,已经在投资者那里留下了深深的烙印:这些确定性极高的,拥有极深护城河的公司,无论它们经历了怎么样的曲折,最终股价还是会新高的。</p>\n<p>当前58倍的腾讯,虽然贵,但还不至于到了非常泡沫的区间。长期永远涨的信仰经过几年毒打已经变得无比坚定,在这种信仰之下,加上一些类似快手等一众互联网企业的上市刺激,我们很可能看到估值涨破天际的腾讯。</p>\n<p>就像A股的茅台一样。</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>腾讯会不会是南下抱团第一股?</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腾讯会不会是南下抱团第一股?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/3\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/24397cd0a72f485e9734d658c5a0841d);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">格隆汇 </p>\n<p class=\"h-time\">2021-01-22 09:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>抱团!</b></p>\n<p><b>——是2020年A股行情的主旋律</b></p>\n<p>在国内股市12月如火如荼的行情下,投资者的热情终于也烧到了港股市场。整个一月,国内资金火力全开,港股的行情被迅速启动。</p>\n<p>其实从一年前开始,资金就一直流入<a href=\"https://laohu8.com/S/00700\">腾讯</a></p>\n<p><i>过去一年,南下资金净买入<a href=\"https://laohu8.com/S/00700\">腾讯</a>1814亿,排名第一</i></p>\n<p><i>过去3个月,南下资金净买入腾讯1160亿,排名第一</i></p>\n<p><i>过去1个月,南下资金净买入腾讯723亿,排名第一</i></p>\n<p><i>过去7天,南下资金净买入腾讯332亿,排名第一</i></p>\n<p>曾经港股有这么一句话:<b>北茅台,南腾讯</b>!作为最受港股投资者喜爱的公司,从年初至今,资金对腾讯的热情正在加速,腾讯的股价也在一路加速。</p>\n<p><img src=\"https://static.tigerbbs.com/5d555cd9163b7e94be48a94df99954c7\" tg-width=\"1080\" tg-height=\"556\"></p>\n<p>在如此热潮下,今日开盘不久,腾讯的股价终于触及700的大关,创下历史新高。回顾历史,除了2018年股灾时的大跌,腾讯的股价几乎一路向上。从当下的时点来看,腾讯是不是还可以继续向上,是每个人心中的疑问。</p>\n<p>需知,腾讯过去的股价一般在40倍左右上下,如今已经在58倍左右,历史最高也不过60倍。腾讯的估值能打破历史天花板,继续上行吗?</p>\n<p>我们来看下北茅台,一年前,相信没有几个人会料到茅台的估值会这样抬破天际。</p>\n<p><img src=\"https://static.tigerbbs.com/e6ab492abc26fb3f97d373be52cb9e98\" tg-width=\"1080\" tg-height=\"529\"></p>\n<p>如同去年茅台的逻辑《增加茅台估值中枢抬升逻辑》,在资金的冲击下,腾讯的估值中枢是否有上升的空间?</p>\n<p>两者有许多相似之处,一样的确定性,一样的时间朋友,一如茅台始终有那个巨大的价差给人以希望外,腾讯也有诸多资产有望重估。</p>\n<p>这不是没可能,当下即将上市的快手就是一个刺激点。</p>\n<p><b>1、视频号的价值重估</b></p>\n<p>在讲腾讯之前,我们先把目光看向另一家公司:<b>快手。</b></p>\n<p>1月14日晚间,短视频巨头快手通过港交所聆讯,计划于2月初上市。目前市场对快手的估值,已经超过5000亿人民币,有望成为继<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>以来香港地区规模最大的IPO项目。在上市路演阶段,快手已经引爆市场的热度,部分机构投资者甚至不惜动用私人关系“预定份额”。</p>\n<p>而在快手上市之后,短视频的第一大龙头抖音,也有计划于上半年在港股上市。两大视频号2021年的战争,从资本市场打响第一枪。</p>\n<p>但除了快手与抖音,在短视频领域还有一位不可忽视的竞争者,就是腾讯视频号。</p>\n<p><b>本轮腾讯上涨的原因,除了港股市场升温的影响外,一大重要原因就是市场对腾讯视频号的价值重估。</b>在市场热情追捧快手与抖音的局面下,过去在估值体系中常常被忽略的视频号,终于在2021年站在资本世界的镁光灯下。</p>\n<p>在视频号诞生之前,腾讯曾在短视频领域推出腾讯微视,但市场表现不及预期,没有对抖音快手分天下的格局产生影响。于是在去年今日,腾讯在短视频领域再一次吹响号角:视频号横空出世。经过一年的洗礼,视频号的表现远远好于腾讯微视,在这一次的短视频战争中取得了不俗的结果。</p>\n<p>早先的腾讯微视在短视频市场失败的首要原因,是<b>没有找准自身定位</b>。微视的运营借鉴了抖音的模式,但由于没有差异性,用户并没有从抖音换到微视的动力,因此没有得到群众支持。</p>\n<p>在用户量不足的情况下,<b>微视在内容端也捉襟见肘。</b>对比另一家短视频龙头,快手的崛起依靠了大量的UGC内容吸引流量。在分发原则上,快手尊崇“平等普惠”,每个人都有展示自己的平等分发机会,而非快手注重分发头部流量。因此,快手对用户最为友好,因此用户量持续提升,提升的用户量又创造出大量的UGC内容,吸引新的用户,形成正向循环,也成为了快手的取胜之匙。</p>\n<p>在微视失败后,视频号的发展吸取了这些教训。</p>\n<p>视频号不需要像微视一样单独下载软件,而是直接放在微信中,这使得微视当初遇到的<b>用户量问题首先被解决</b>。微信DAU超过10亿,目前抖音DAU约6亿,快手DAU约3亿,从用户量来看,视频号站在微信的肩膀上,从出生开始就含着金汤匙。</p>\n<p>如果比较视频号、快手与抖音,视频号目前的模式更像快手。快手在运营上牺牲了很大一部分商业性,更注重社群关系,这也正是“老铁”文化产生的原因。<b>视频号在微信的基础上加入了社交关系链,短视频可以直接分享到朋友圈、微信群发等,使得用户生产的内容可以得到足量的反馈,形成正向循环。</b>而在社交关系问题上,视频号好友与微信好友并不相通,这使得用户隐私并不会受到社交关系的影响。</p>\n<p>最后一点,是视频号的直播功能。以快手为例,快手目前的最大营收来源是直播业务,而腾讯视频号过去在直播变现上并特别没有发力,这一业务的盈利潜力未被激发。而从最新的微信8.0版本来看,直播业务所使用的虚拟货币“微信豆”的充值入口已经改变,目前可以从个人资料里找到微信豆充值入口,而不是之前必须在直播中才能找到。“微信豆”入口的改变,说明<b>视频号开始正式发力直播业务,盈利能力正在提升。</b></p>\n<p>除此之外,<b>视频号直播与电商功能的联系也颇具想象力。</b>2020年10月,视频号与微信小商店之间渠道打通,视频号个人页可以链接微信小商店,播放页可以插入公众号链接,直播间直接链接电商小程序,这使得微信在电商功能上如虎添翼。</p>\n<p><b>这样来看,视频号已经聚焦了抖音与快手的优势,有成为短视频领域头号玩家的潜力。</b></p>\n<p>那么既然快手值5000亿人民币,视频号值多少呢?视频号从诞生到今天,也仅仅经历一年时间,依然很多进步的空间。过去市场对视频号整体重视程度不高,但随着快手与抖音上市受热捧,视频号的价值也终于迎来重估。可以确定的是,腾讯的价值将随着视频号的崛起继续向上。</p>\n<p><b>2、“投资大师”</b></p>\n<p>其实还有个更简单明了的点。</p>\n<p><b>快手上市,最大的受益者是谁?</b></p>\n<p><b>是腾讯。</b></p>\n<p>在快手的招股说明书里,可以看到宿华、程一笑等管理层合计持股达27.16%,而腾讯其实才是快手的第一大股东,持股占比21.57%。</p>\n<p>而在快手上市后,二级市场的追捧将进一步提升快手的估值。而正如前文所说,如果快手值5000亿,视频号值多少?如果市场再给予快手更高的估值,视频号的价值不值得更高吗?</p>\n<p>腾讯在这一次投资中,不仅享受对快手财务投资得来的回报,同时也使市场对自己的业务估值提升,一次投资可以带来双重回报,腾讯确实是一位“投资大师”。</p>\n<p>而腾讯在投资战场上,并不是只有这一场胜仗。</p>\n<p>2020年在投资界最受欢迎的公司,除了<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>之外,电商搅局者<a href=\"https://laohu8.com/S/PDD\">拼多多</a>必定榜上有名。</p>\n<p>从2016年开始,腾讯的身影出现在<a href=\"https://laohu8.com/S/PDD\">拼多多</a>的每一轮融资之中,累计持股16%,是除了创始人黄征(持股36.3%)之外的第一大股东。从上市到今日,拼多多的股价涨了6倍不止,腾讯对其的投资也因此大赚。</p>\n<p><img src=\"https://static.tigerbbs.com/77408cf89723f3298e9dd34c8ed29a1b\" tg-width=\"1000\" tg-height=\"630\"></p>\n<p>而腾讯从投资拼多多所收获的,不仅仅只是财务回报。2020年,拼多多在电商格局已经固定的局面下,以一己之力改变整个市场,作为电商巨头的阿里,也明显受到了拼多多崛起的影响。</p>\n<p>而除了拼多多,美团的崛起也对阿里有不小的影响。在美团的投资者中,也还是看到那个熟悉的身影:<b>腾讯</b>。</p>\n<p><img src=\"https://static.tigerbbs.com/f2cf82312db67a68392464e0c25dea25\" tg-width=\"995\" tg-height=\"592\"></p>\n<p>此外,在<a href=\"https://laohu8.com/S/JD\">京东</a>的股东里,腾讯持股17%,也是第一大股东。阿里的所有竞争者中,背后似乎都有腾讯的影子。</p>\n<p><b>腾讯的投资,不仅收到巨大的财务回报,也使其在互联网竞争中领先一头。</b>除了拼多多美团,腾讯的投资涉足领域极广,目前势头正盛的<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>,第二大股东为腾讯,而市场知名的<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/VIPS\">唯品会</a>、<a href=\"https://laohu8.com/S/BEKE\">贝壳</a>、<a href=\"https://laohu8.com/S/00762\">中国联通</a>、<a href=\"https://laohu8.com/S/688111\">金山办公</a>等许多许多前景极佳的公司,都有腾讯的影子。</p>\n<p>在投资领域,随着中国市场的整体发展,腾讯将从自己的投资中受益良多。投资的收益,也将持续增厚腾讯的业绩,成为股价推动的持续助力。</p>\n<p>这块的价值,就像茅台的出厂价与批价的差价。</p>\n<p><b>3、尾声</b></p>\n<p>当前的主流是漂亮50行情,这些公司,诚然很贵,但这几年大事件不断,这些优质的资产股价也崩过几次,但回过头看,每一次都是极佳的上车机会。</p>\n<p>过去几年的市场毒打,已经在投资者那里留下了深深的烙印:这些确定性极高的,拥有极深护城河的公司,无论它们经历了怎么样的曲折,最终股价还是会新高的。</p>\n<p>当前58倍的腾讯,虽然贵,但还不至于到了非常泡沫的区间。长期永远涨的信仰经过几年毒打已经变得无比坚定,在这种信仰之下,加上一些类似快手等一众互联网企业的上市刺激,我们很可能看到估值涨破天际的腾讯。</p>\n<p>就像A股的茅台一样。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a0e16df4356317d39c6afb5761b6942b","relate_stocks":{"00700":"腾讯控股"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147568136","content_text":"抱团!\n——是2020年A股行情的主旋律\n在国内股市12月如火如荼的行情下,投资者的热情终于也烧到了港股市场。整个一月,国内资金火力全开,港股的行情被迅速启动。\n其实从一年前开始,资金就一直流入腾讯\n过去一年,南下资金净买入腾讯1814亿,排名第一\n过去3个月,南下资金净买入腾讯1160亿,排名第一\n过去1个月,南下资金净买入腾讯723亿,排名第一\n过去7天,南下资金净买入腾讯332亿,排名第一\n曾经港股有这么一句话:北茅台,南腾讯!作为最受港股投资者喜爱的公司,从年初至今,资金对腾讯的热情正在加速,腾讯的股价也在一路加速。\n\n在如此热潮下,今日开盘不久,腾讯的股价终于触及700的大关,创下历史新高。回顾历史,除了2018年股灾时的大跌,腾讯的股价几乎一路向上。从当下的时点来看,腾讯是不是还可以继续向上,是每个人心中的疑问。\n需知,腾讯过去的股价一般在40倍左右上下,如今已经在58倍左右,历史最高也不过60倍。腾讯的估值能打破历史天花板,继续上行吗?\n我们来看下北茅台,一年前,相信没有几个人会料到茅台的估值会这样抬破天际。\n\n如同去年茅台的逻辑《增加茅台估值中枢抬升逻辑》,在资金的冲击下,腾讯的估值中枢是否有上升的空间?\n两者有许多相似之处,一样的确定性,一样的时间朋友,一如茅台始终有那个巨大的价差给人以希望外,腾讯也有诸多资产有望重估。\n这不是没可能,当下即将上市的快手就是一个刺激点。\n1、视频号的价值重估\n在讲腾讯之前,我们先把目光看向另一家公司:快手。\n1月14日晚间,短视频巨头快手通过港交所聆讯,计划于2月初上市。目前市场对快手的估值,已经超过5000亿人民币,有望成为继阿里巴巴以来香港地区规模最大的IPO项目。在上市路演阶段,快手已经引爆市场的热度,部分机构投资者甚至不惜动用私人关系“预定份额”。\n而在快手上市之后,短视频的第一大龙头抖音,也有计划于上半年在港股上市。两大视频号2021年的战争,从资本市场打响第一枪。\n但除了快手与抖音,在短视频领域还有一位不可忽视的竞争者,就是腾讯视频号。\n本轮腾讯上涨的原因,除了港股市场升温的影响外,一大重要原因就是市场对腾讯视频号的价值重估。在市场热情追捧快手与抖音的局面下,过去在估值体系中常常被忽略的视频号,终于在2021年站在资本世界的镁光灯下。\n在视频号诞生之前,腾讯曾在短视频领域推出腾讯微视,但市场表现不及预期,没有对抖音快手分天下的格局产生影响。于是在去年今日,腾讯在短视频领域再一次吹响号角:视频号横空出世。经过一年的洗礼,视频号的表现远远好于腾讯微视,在这一次的短视频战争中取得了不俗的结果。\n早先的腾讯微视在短视频市场失败的首要原因,是没有找准自身定位。微视的运营借鉴了抖音的模式,但由于没有差异性,用户并没有从抖音换到微视的动力,因此没有得到群众支持。\n在用户量不足的情况下,微视在内容端也捉襟见肘。对比另一家短视频龙头,快手的崛起依靠了大量的UGC内容吸引流量。在分发原则上,快手尊崇“平等普惠”,每个人都有展示自己的平等分发机会,而非快手注重分发头部流量。因此,快手对用户最为友好,因此用户量持续提升,提升的用户量又创造出大量的UGC内容,吸引新的用户,形成正向循环,也成为了快手的取胜之匙。\n在微视失败后,视频号的发展吸取了这些教训。\n视频号不需要像微视一样单独下载软件,而是直接放在微信中,这使得微视当初遇到的用户量问题首先被解决。微信DAU超过10亿,目前抖音DAU约6亿,快手DAU约3亿,从用户量来看,视频号站在微信的肩膀上,从出生开始就含着金汤匙。\n如果比较视频号、快手与抖音,视频号目前的模式更像快手。快手在运营上牺牲了很大一部分商业性,更注重社群关系,这也正是“老铁”文化产生的原因。视频号在微信的基础上加入了社交关系链,短视频可以直接分享到朋友圈、微信群发等,使得用户生产的内容可以得到足量的反馈,形成正向循环。而在社交关系问题上,视频号好友与微信好友并不相通,这使得用户隐私并不会受到社交关系的影响。\n最后一点,是视频号的直播功能。以快手为例,快手目前的最大营收来源是直播业务,而腾讯视频号过去在直播变现上并特别没有发力,这一业务的盈利潜力未被激发。而从最新的微信8.0版本来看,直播业务所使用的虚拟货币“微信豆”的充值入口已经改变,目前可以从个人资料里找到微信豆充值入口,而不是之前必须在直播中才能找到。“微信豆”入口的改变,说明视频号开始正式发力直播业务,盈利能力正在提升。\n除此之外,视频号直播与电商功能的联系也颇具想象力。2020年10月,视频号与微信小商店之间渠道打通,视频号个人页可以链接微信小商店,播放页可以插入公众号链接,直播间直接链接电商小程序,这使得微信在电商功能上如虎添翼。\n这样来看,视频号已经聚焦了抖音与快手的优势,有成为短视频领域头号玩家的潜力。\n那么既然快手值5000亿人民币,视频号值多少呢?视频号从诞生到今天,也仅仅经历一年时间,依然很多进步的空间。过去市场对视频号整体重视程度不高,但随着快手与抖音上市受热捧,视频号的价值也终于迎来重估。可以确定的是,腾讯的价值将随着视频号的崛起继续向上。\n2、“投资大师”\n其实还有个更简单明了的点。\n快手上市,最大的受益者是谁?\n是腾讯。\n在快手的招股说明书里,可以看到宿华、程一笑等管理层合计持股达27.16%,而腾讯其实才是快手的第一大股东,持股占比21.57%。\n而在快手上市后,二级市场的追捧将进一步提升快手的估值。而正如前文所说,如果快手值5000亿,视频号值多少?如果市场再给予快手更高的估值,视频号的价值不值得更高吗?\n腾讯在这一次投资中,不仅享受对快手财务投资得来的回报,同时也使市场对自己的业务估值提升,一次投资可以带来双重回报,腾讯确实是一位“投资大师”。\n而腾讯在投资战场上,并不是只有这一场胜仗。\n2020年在投资界最受欢迎的公司,除了特斯拉之外,电商搅局者拼多多必定榜上有名。\n从2016年开始,腾讯的身影出现在拼多多的每一轮融资之中,累计持股16%,是除了创始人黄征(持股36.3%)之外的第一大股东。从上市到今日,拼多多的股价涨了6倍不止,腾讯对其的投资也因此大赚。\n\n而腾讯从投资拼多多所收获的,不仅仅只是财务回报。2020年,拼多多在电商格局已经固定的局面下,以一己之力改变整个市场,作为电商巨头的阿里,也明显受到了拼多多崛起的影响。\n而除了拼多多,美团的崛起也对阿里有不小的影响。在美团的投资者中,也还是看到那个熟悉的身影:腾讯。\n\n此外,在京东的股东里,腾讯持股17%,也是第一大股东。阿里的所有竞争者中,背后似乎都有腾讯的影子。\n腾讯的投资,不仅收到巨大的财务回报,也使其在互联网竞争中领先一头。除了拼多多美团,腾讯的投资涉足领域极广,目前势头正盛的哔哩哔哩,第二大股东为腾讯,而市场知名的蔚来、唯品会、贝壳、中国联通、金山办公等许多许多前景极佳的公司,都有腾讯的影子。\n在投资领域,随着中国市场的整体发展,腾讯将从自己的投资中受益良多。投资的收益,也将持续增厚腾讯的业绩,成为股价推动的持续助力。\n这块的价值,就像茅台的出厂价与批价的差价。\n3、尾声\n当前的主流是漂亮50行情,这些公司,诚然很贵,但这几年大事件不断,这些优质的资产股价也崩过几次,但回过头看,每一次都是极佳的上车机会。\n过去几年的市场毒打,已经在投资者那里留下了深深的烙印:这些确定性极高的,拥有极深护城河的公司,无论它们经历了怎么样的曲折,最终股价还是会新高的。\n当前58倍的腾讯,虽然贵,但还不至于到了非常泡沫的区间。长期永远涨的信仰经过几年毒打已经变得无比坚定,在这种信仰之下,加上一些类似快手等一众互联网企业的上市刺激,我们很可能看到估值涨破天际的腾讯。\n就像A股的茅台一样。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1920,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":308233092,"gmtCreate":1603981201016,"gmtModify":1703831532554,"author":{"id":"3459313033943296","authorId":"3459313033943296","name":"东风破","avatar":"https://static.tigerbbs.com/21ea157d857bdcc864cb8a3f9abb572a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3459313033943296","authorIdStr":"3459313033943296"},"themes":[],"htmlText":"<a 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23:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>特斯拉微博:特斯拉尊重并坚定服从政府各相关部门的决定,尊重消费者,遵守法律法规,坚决坚定地积极配合政府各相关部门的所有调查。为此,我们已成立专门处理小组,专事专办,努力在合规合法的情况下,尽全力的满足车主诉求,争取让车主满意。</p>\n<p><img src=\"https://static.tigerbbs.com/55d6b8a28a802985bb395cc09f310f61\" tg-width=\"512\" 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