追风者小猪的个人主页 - 老虎社区

追风者小猪

追风者小猪

Biu biu biu

IP属地：上海

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追风者小猪

2023-03-31

$腾讯控股(00700)$ 这一天天的，回不去以前的高点了。

追风者小猪

2021-04-07

$一起教育科技(YQ)$现在进场行不行？各位老哥给点建议。

追风者小猪

2021-03-03

$跟谁学(GSX)$明白了，只有做空才能上涨。没人做空就开始跌了

追风者小猪

2021-02-02

$跟谁学(GSX)$失去了香橼的做空，拉总似乎有点迷糊啊，怎么不拉了？？？

追风者小猪

2021-01-28

打脸不？

盘前异动：泡沫破了？逼空概念股全面哑火！

追风者小猪

2021-01-20

怎么感觉像跟谁学的感觉？？？

@闪龙9022:$一起教育科技(YQ)$今晚大涨，咋没人出来说2句的呢？

追风者小猪

2020-11-23

$跟谁学(GSX)$盼着吧

追风者小猪

2020-08-10

$跟谁学(GSX)$ 感觉还是套路，还是等财报出来吧。

追风者小猪

2020-06-29

$跟谁学(GSX)$ 别上当，又在诱空

追风者小猪

2020-05-15

$甲骨文(ORCL)$奥利给

追风者小猪

2020-05-08

$微博(WB)$微博着急了，开始利用连续登录微博返利，诱骗免费会员绑定支付宝免密设置提取返利，然后反手自动扣款升级成微博月度会员。真是套路满满，客服电话打不通，没有人工客服，算是自动回复。我打算做空了。

追风者小猪

2020-04-16

已经开始抢低端市场了。。。。高级感也不要了。。。。

苹果发布新款iPhone SE 将于4月17日开始订购

追风者小猪

2020-04-02

微软吧，毕竟用了20多年了

苹果和微软抄底你选谁？

追风者小猪

2020-03-28

创新高，股票还是跌破发行价？

腾讯音乐付费用户创新高在线音乐平台迎来春天

追风者小猪

2020-03-25

$瑞幸咖啡(LK)$空起来！

追风者小猪

2020-02-28

$瑞幸咖啡(LK)$牛逼！！

追风者小猪

2020-02-06

瑞幸肯定是被同行搞的，只有同行才是赤裸裸的仇恨啊！哈哈哈哈

瑞幸咖啡“蹚”浑水：单店销量遭质疑回应后股价涨16%

追风者小猪

2020-02-01

$瑞幸咖啡(LK)$终于等到了！！！

追风者小猪

2019-04-26

$先进能源工业公司(AEIS)$ 终于快要解套了

追风者小猪

2018-10-20

$星巴克(SBUX)$ 要下来了

去老虎APP查看更多动态

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17:04","market":"sh","language":"zh","title":"盘前异动：泡沫破了？逼空概念股全面哑火！","url":"https://stock-news.laohu8.com/highlight/detail?id=1177264520","media":"老虎资讯综合","summary":"周四美股盘前，三大指数期货集体下挫；WSB概念股大跌，诺基亚跌超16%，AMC院线跌超14%，莓跌超13%，Express跌超11%，游戏驿站跌超8%；特斯拉盘前跌超6%，全年净利润扭亏为盈7.21亿","content":"<blockquote>周四美股盘前，三大指数期货集体下挫；WSB概念股大跌，<a href=\"https://laohu8.com/S/0HAF.UK\">诺基亚</a>跌超16%，<a href=\"https://laohu8.com/S/AMC\">AMC院线</a>跌超14%，莓跌超13%，<a href=\"https://laohu8.com/S/EXPR\">Express</a>跌超11%，<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>跌超8%；<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>盘前跌超6%，全年净利润扭亏为盈7.21亿美元，仍不及市场预期。</blockquote><p>1月28日（周四）美股盘前，三大指数期货集体下挫，其中道指期货跌0.32%，纳指期货跌0.84%，标普500指数期货跌0.60%。</p><p><img src=\"https://static.tigerbbs.com/b2b7dd83800bb173d351522c74e3b177\" tg-width=\"1080\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p><p>“逼空概念股”盘前普跌，<a href=\"https://laohu8.com/S/NOK\">诺基亚</a>跌超16%，<a href=\"https://laohu8.com/S/AMC\">AMC院线</a>跌超14%，莓跌超13%，<a href=\"https://laohu8.com/S/EXPR\">Express</a>跌超11%，<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>跌超8%。美国散户聚集的论坛WallStreetBets的服务器被Discord平台封杀，被迫转为私人服务。Discord称，封禁Wallstreetbets服务器的理由是“仇视性内容”，不是因为金融诈骗。Reddit的Wallstreetbets页面显示称，论坛“将会回来”。</p><p><img src=\"https://static.tigerbbs.com/5a3489bf0828314b2ab795da5f9c5c45\" tg-width=\"372\" tg-height=\"743\" referrerpolicy=\"no-referrer\"></p><p>中概造车新势力盘起下跌，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>、蔚来跌超5%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超4%。</p><p><img src=\"https://static.tigerbbs.com/d756a7b031738cc10b50b990f175f97c\" tg-width=\"364\" tg-height=\"190\" referrerpolicy=\"no-referrer\"></p><p>大型科技股普跌，<a href=\"https://laohu8.com/S/AAPL\">苹果</a>盘前倒跌3.2%，第一财季受iPhone销量提振营收突破千亿，净利润同比增29%；<a href=\"https://laohu8.com/S/FB\">Facebook</a>盘前跌近2%，预期2021年将遭遇广告定位方面的明显阻力；亚马逊、微软均跌超1%</p><p><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>盘前跌超6%，全年净利润扭亏为盈7.21亿美元，仍不及市场预期。</p><p>特殊目的收购公司Property Solutions Acquisition盘前涨36.5%，传法拉第未来最快周五宣布与该公司合并上市。</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>盘前异动：泡沫破了？逼空概念股全面哑火！</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; 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class=\"title\">\n盘前异动：泡沫破了？逼空概念股全面哑火！\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\">2021-01-28 17:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>周四美股盘前，三大指数期货集体下挫；WSB概念股大跌，<a href=\"https://laohu8.com/S/0HAF.UK\">诺基亚</a>跌超16%，<a href=\"https://laohu8.com/S/AMC\">AMC院线</a>跌超14%，莓跌超13%，<a href=\"https://laohu8.com/S/EXPR\">Express</a>跌超11%，<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>跌超8%；<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>盘前跌超6%，全年净利润扭亏为盈7.21亿美元，仍不及市场预期。</blockquote><p>1月28日（周四）美股盘前，三大指数期货集体下挫，其中道指期货跌0.32%，纳指期货跌0.84%，标普500指数期货跌0.60%。</p><p><img src=\"https://static.tigerbbs.com/b2b7dd83800bb173d351522c74e3b177\" tg-width=\"1080\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p><p>“逼空概念股”盘前普跌，<a href=\"https://laohu8.com/S/NOK\">诺基亚</a>跌超16%，<a href=\"https://laohu8.com/S/AMC\">AMC院线</a>跌超14%，莓跌超13%，<a href=\"https://laohu8.com/S/EXPR\">Express</a>跌超11%，<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>跌超8%。美国散户聚集的论坛WallStreetBets的服务器被Discord平台封杀，被迫转为私人服务。Discord称，封禁Wallstreetbets服务器的理由是“仇视性内容”，不是因为金融诈骗。Reddit的Wallstreetbets页面显示称，论坛“将会回来”。</p><p><img src=\"https://static.tigerbbs.com/5a3489bf0828314b2ab795da5f9c5c45\" tg-width=\"372\" tg-height=\"743\" referrerpolicy=\"no-referrer\"></p><p>中概造车新势力盘起下跌，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>、蔚来跌超5%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超4%。</p><p><img src=\"https://static.tigerbbs.com/d756a7b031738cc10b50b990f175f97c\" tg-width=\"364\" tg-height=\"190\" referrerpolicy=\"no-referrer\"></p><p>大型科技股普跌，<a href=\"https://laohu8.com/S/AAPL\">苹果</a>盘前倒跌3.2%，第一财季受iPhone销量提振营收突破千亿，净利润同比增29%；<a href=\"https://laohu8.com/S/FB\">Facebook</a>盘前跌近2%，预期2021年将遭遇广告定位方面的明显阻力；亚马逊、微软均跌超1%</p><p><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>盘前跌超6%，全年净利润扭亏为盈7.21亿美元，仍不及市场预期。</p><p>特殊目的收购公司Property Solutions Acquisition盘前涨36.5%，传法拉第未来最快周五宣布与该公司合并上市。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a9153adf328cdbdfbb656ed3026a6175","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线","BB":"黑莓"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177264520","content_text":"周四美股盘前，三大指数期货集体下挫；WSB概念股大跌，诺基亚跌超16%，AMC院线跌超14%，莓跌超13%，Express跌超11%，游戏驿站跌超8%；特斯拉盘前跌超6%，全年净利润扭亏为盈7.21亿美元，仍不及市场预期。1月28日（周四）美股盘前，三大指数期货集体下挫，其中道指期货跌0.32%，纳指期货跌0.84%，标普500指数期货跌0.60%。“逼空概念股”盘前普跌，诺基亚跌超16%，AMC院线跌超14%，莓跌超13%，Express跌超11%，游戏驿站跌超8%。美国散户聚集的论坛WallStreetBets的服务器被Discord平台封杀，被迫转为私人服务。Discord称，封禁Wallstreetbets服务器的理由是“仇视性内容”，不是因为金融诈骗。Reddit的Wallstreetbets页面显示称，论坛“将会回来”。中概造车新势力盘起下跌，小鹏汽车、蔚来跌超5%，理想汽车跌超4%。大型科技股普跌，苹果盘前倒跌3.2%，第一财季受iPhone销量提振营收突破千亿，净利润同比增29%；Facebook盘前跌近2%，预期2021年将遭遇广告定位方面的明显阻力；亚马逊、微软均跌超1%特斯拉盘前跌超6%，全年净利润扭亏为盈7.21亿美元，仍不及市场预期。特殊目的收购公司Property Solutions 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href=\"https://laohu8.com/S/YQ\">$一起教育科技(YQ)$</a>今晚大涨，咋没人出来说2句的呢？","listText":"<a href=\"https://laohu8.com/S/YQ\">$一起教育科技(YQ)$</a>今晚大涨，咋没人出来说2句的呢？","text":"$一起教育科技(YQ)$今晚大涨，咋没人出来说2句的呢？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/337271105","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2061,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":399649136,"gmtCreate":1606129917325,"gmtModify":1703841021803,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GSX\">$跟谁学(GSX)$</a>盼着吧","listText":"<a href=\"https://laohu8.com/S/GSX\">$跟谁学(GSX)$</a>盼着吧","text":"$跟谁学(GSX)$盼着吧","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/399649136","isVote":1,"tweetType":1,"viewCount":2019,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":944243225,"gmtCreate":1597048976167,"gmtModify":1704214135925,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/GSX\">$跟谁学(GSX)$</a> 感觉还是套路，还是等财报出来吧。","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/GSX\">$跟谁学(GSX)$</a> 感觉还是套路，还是等财报出来吧。","text":"$跟谁学(GSX)$ 感觉还是套路，还是等财报出来吧。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/944243225","isVote":1,"tweetType":1,"viewCount":3044,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":957644835,"gmtCreate":1593438188227,"gmtModify":1704201940608,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/GSX\">$跟谁学(GSX)$</a> 别上当，又在诱空","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/GSX\">$跟谁学(GSX)$</a> 别上当，又在诱空","text":"$跟谁学(GSX)$ 别上当，又在诱空","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/957644835","isVote":1,"tweetType":1,"viewCount":2421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":959030396,"gmtCreate":1589551778215,"gmtModify":1704190295241,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ORCL\">$甲骨文(ORCL)$</a>奥利给","listText":"<a href=\"https://laohu8.com/S/ORCL\">$甲骨文(ORCL)$</a>奥利给","text":"$甲骨文(ORCL)$奥利给","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/959030396","isVote":1,"tweetType":1,"viewCount":1906,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":927240698,"gmtCreate":1588905858714,"gmtModify":1704178845730,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/WB\">$微博(WB)$</a>微博着急了，开始利用连续登录微博返利，诱骗免费会员绑定支付宝免密设置提取返利，然后反手自动扣款升级成微博月度会员。真是套路满满，客服电话打不通，没有人工客服，算是自动回复。我打算做空了。","listText":"<a href=\"https://laohu8.com/S/WB\">$微博(WB)$</a>微博着急了，开始利用连续登录微博返利，诱骗免费会员绑定支付宝免密设置提取返利，然后反手自动扣款升级成微博月度会员。真是套路满满，客服电话打不通，没有人工客服，算是自动回复。我打算做空了。","text":"$微博(WB)$微博着急了，开始利用连续登录微博返利，诱骗免费会员绑定支付宝免密设置提取返利，然后反手自动扣款升级成微博月度会员。真是套路满满，客服电话打不通，没有人工客服，算是自动回复。我打算做空了。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/927240698","isVote":1,"tweetType":1,"viewCount":3013,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":926305538,"gmtCreate":1586969163624,"gmtModify":1704362793508,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"已经开始抢低端市场了。。。。高级感也不要了。。。。","listText":"已经开始抢低端市场了。。。。高级感也不要了。。。。","text":"已经开始抢低端市场了。。。。高级感也不要了。。。。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/926305538","repostId":"2027738201","repostType":2,"repost":{"id":"2027738201","kind":"news","pubTimestamp":1586962602,"share":"https://www.laohu8.com/m/news/2027738201?lang=&edition=full","pubTime":"2020-04-15 22:56","market":"us","language":"zh","title":"苹果发布新款iPhone SE 将于4月17日开始订购","url":"https://stock-news.laohu8.com/highlight/detail?id=2027738201","media":"云财经","summary":"4月15日晚间消息，苹果公司刚刚正式发布iPhone SE二代手机，这款传闻多年的产品终于出现，国内定价人民币3299元起。本周五开始预定，4月24日开始送货。\n\n黑、白、红三种颜色的iPhone S","content":"<span>4月15日晚间消息，苹果公司刚刚正式发布iPhone&nbsp;SE二代手机，这款传闻多年的产品终于出现，国内定价人民币3299元起。本周五开始预定，4月24日开始送货。</span>\n<p><span><br></span></p>\n<p><span>黑、白、红三种颜色的iPhone&nbsp;SE（图片来自苹果官网）</span></p>\n<p><img src=\"https://static.tigerbbs.com/534df0c468465a3e97fd553af334e080\"></p>\n<p>或许因为新冠疫情缘故，苹果公司今年并没有举办线下春季发布会，新品直接在官网更新就算作发布。但跟去年不同的是，今年春季几款新品时间距离较长：2020款新iPad&nbsp;Pro，MacBook Air等在3月18日已经发布，今天iPhoneSE二代出现在苹果官网，已经是近一个月之后。</p>\n<p>等了四年的“小钢炮”</p>\n<p>关于iPhone&nbsp;SE手机的传闻已经出现了多年，自2016年iPhone&nbsp;SE第一代产品发布之后，SE系列后续产品一直没有再更新。很多喜欢小屏手机的用户这一等就是四年时间。</p>\n<p>今年的新品名字仍是“iPhone&nbsp;SE”，没有其他后缀，它拥有跟iPhone&nbsp;8相似的外观，外观上的差别或许只有苹果logo从之前iPhone&nbsp;8的背部偏上移动到了中间。</p>\n<p>iPhone&nbsp;SE具备IP67级别防水防尘能力，配备4.7英寸LCD材质屏幕，支持原彩显示，没有全面屏，也没有“刘海”，而是配备了Touch ID指纹识别。新机有黑、白，红三种颜色；64GB、128GB和256GB三种存储规格可选。</p>\n<p>黑色iPhone&nbsp;SE（图片来自苹果官网）</p>\n<p><img src=\"https://static.tigerbbs.com/96992ebac2d077380ef0ab2f8d329972\"></p>\n<p>一些现有旗舰产品的特性也出现在iPhone&nbsp;SE这款产品上，例如18W快充，千兆LTE网络，以及WiFi 6无线网络标准的支持。</p>\n<p>这类屏幕较小但性能不错的产品，通常被国内用户称为“小钢炮”，iPhone&nbsp;SE二代正是此类。虽然因为屏幕尺寸缘故，看视频或游戏的感官不像iPhone11 Pro Max等大屏产品那么完美，但在性能上不输后者。并且有一部分用户认为屏幕小正是它的优点：机身轻巧，便于携带。</p>\n<p>“最好的单镜头摄像系统”：A13才是幕后主角</p>\n<p>新机变化最大的地方在内部，新iPhoneSE搭载了苹果当前最新的A13仿生芯片。它是iPhone&nbsp;11系列同款，相比之前，在运算、图形、AI机器学习等方面有很大提升。并且可说是手机行业目前最强的芯片。</p>\n<p>正是A13的存在，让iPhone&nbsp;SE的日常使用及拍照体验都能与现有旗舰类似。可以说，是A13+iOS系统，决定了iPhone的核心体验。</p>\n<p>根据苹果官方的数据，A13仿生芯片的CPU部分比A9（也就是上代iPhoneSE）性能提升2.4倍；GPU图形性能部分提升4倍，还有相应的AI机器学习能力，这些决定了它的使用流畅度，并可以运行AR应用等比较考验运算能力的场景。</p>\n<p>同样的，A13仿生芯片也成了拍照体验的推进力。</p>\n<p>白色iPhone&nbsp;SE（图片来自苹果官网）</p>\n<p><img src=\"https://static.tigerbbs.com/4c2a6155901d3809a7bead285ad01576\"></p>\n<p>从数据上看，iPhone&nbsp;SE只有一颗1200万像素广角镜头，等效28毫米，光圈f/1.8，支持OIS光学防抖。但在A13芯片的加持下，不仅提升了拍照质量，还具备了一系列旗舰机的拍照玩法，比如人像模式、4K视频、Slo-mo慢镜等，甚至它的前置镜头在A13的加持下也支持人像模式。苹果又一次用芯片+算法加强了iPhone的拍照能力，这种做法其实也普遍用于整个手机行业。</p>\n<p>当然，iPhone&nbsp;SE毕竟只有一颗镜头，多镜头系统的光学变焦等功能它就不能实现了。</p>\n<p>定价3299元起&nbsp;苹果再谈“性价比”</p>\n<p>iPhone&nbsp;SE采用了类似iPhone&nbsp;SE初代的策略：采用一个之前产品的外观，但配上跟目前旗舰产品性能一致的处理器，由此省了一笔外观设计和模具费用，但其核心体验又能跟iPhone&nbsp;11系列持平。</p>\n<p>并且3299元这个价格，几乎跟四年前的初代iPhone&nbsp;SE一致（3288元），对苹果来讲，这是他们第二次发布会“性价比iPhone”产品。而且还要考虑到，当年的iPhone&nbsp;SE是16GB起步，今天是64GB。而且四年前的多数国产安卓旗舰也不过3000元档位。</p>\n<p>虽然iPhone&nbsp;SE整体体验跟旗舰iPhone11 Pro系列有差别，外观也显得“复古”，但不到Pro系列一半甚至三分之一的价格，让它性价比显得颇为突出。尤其是在今年骁龙865系列安卓旗舰机都在涨价的大背景下。苹果似乎有意在此时重启iPhone&nbsp;SE系列，收割一波安卓用户。</p>\n<p>另外，即便抛开安卓用户不谈，也依旧有不少仍在用iPhone&nbsp;6s、7等老款手机的用户在等待iPhone&nbsp;SE的到来。他们已经习惯iOS，又很在意价格。</p>\n<p>从3000元到上万的iPhone产品线，核心性能基本一直，设计材质，拍照等方面制造差异</p>\n<p><img src=\"https://static.tigerbbs.com/709053f9fcd7d141f399568e91c7c372\"></p>\n<p>自2007年iPhone发布会之多年后，越来越多样的用户需求已经不是当初一年一款产品可以满足的，在之前@苹果汇 的调查中，很多用户依然怀念Touch ID指纹解锁（新冠疫情戴口罩还加强了这种需求），并且希望有个性能足够强大、又便于携带的手机——这些恰好是iPhone&nbsp;SE二代优势。</p>\n<p>对于苹果公司来讲，用这样一款“低门槛”的产品将更多人带入自家的生态，或让还在使用iPhone&nbsp;7甚至6s等旧手机的用户花较少的钱来次升级，也不失为一步好棋。</p>","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>苹果发布新款iPhone SE 将于4月17日开始订购</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苹果发布新款iPhone SE 将于4月17日开始订购\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-04-15 22:56 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202004152301077af8e87b&s=b><strong>云财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>4月15日晚间消息，苹果公司刚刚正式发布iPhone SE二代手机，这款传闻多年的产品终于出现，国内定价人民币3299元起。本周五开始预定，4月24日开始送货。\n\n黑、白、红三种颜色的iPhone SE（图片来自苹果官网）\n\n或许因为新冠疫情缘故，苹果公司今年并没有举办线下春季发布会，新品直接在官网更新就算作发布。但跟去年不同的是，今年春季几款新品时间距离较长：2020款新iPad Pro，...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202004152301077af8e87b&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/534df0c468465a3e97fd553af334e080","relate_stocks":{"AAPL":"苹果"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202004152301077af8e87b&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2027738201","content_text":"4月15日晚间消息，苹果公司刚刚正式发布iPhone SE二代手机，这款传闻多年的产品终于出现，国内定价人民币3299元起。本周五开始预定，4月24日开始送货。\n\n黑、白、红三种颜色的iPhone SE（图片来自苹果官网）\n\n或许因为新冠疫情缘故，苹果公司今年并没有举办线下春季发布会，新品直接在官网更新就算作发布。但跟去年不同的是，今年春季几款新品时间距离较长：2020款新iPad Pro，MacBook Air等在3月18日已经发布，今天iPhoneSE二代出现在苹果官网，已经是近一个月之后。\n等了四年的“小钢炮”\n关于iPhone SE手机的传闻已经出现了多年，自2016年iPhone SE第一代产品发布之后，SE系列后续产品一直没有再更新。很多喜欢小屏手机的用户这一等就是四年时间。\n今年的新品名字仍是“iPhone SE”，没有其他后缀，它拥有跟iPhone 8相似的外观，外观上的差别或许只有苹果logo从之前iPhone 8的背部偏上移动到了中间。\niPhone SE具备IP67级别防水防尘能力，配备4.7英寸LCD材质屏幕，支持原彩显示，没有全面屏，也没有“刘海”，而是配备了Touch ID指纹识别。新机有黑、白，红三种颜色；64GB、128GB和256GB三种存储规格可选。\n黑色iPhone SE（图片来自苹果官网）\n\n一些现有旗舰产品的特性也出现在iPhone SE这款产品上，例如18W快充，千兆LTE网络，以及WiFi 6无线网络标准的支持。\n这类屏幕较小但性能不错的产品，通常被国内用户称为“小钢炮”，iPhone SE二代正是此类。虽然因为屏幕尺寸缘故，看视频或游戏的感官不像iPhone11 Pro Max等大屏产品那么完美，但在性能上不输后者。并且有一部分用户认为屏幕小正是它的优点：机身轻巧，便于携带。\n“最好的单镜头摄像系统”：A13才是幕后主角\n新机变化最大的地方在内部，新iPhoneSE搭载了苹果当前最新的A13仿生芯片。它是iPhone 11系列同款，相比之前，在运算、图形、AI机器学习等方面有很大提升。并且可说是手机行业目前最强的芯片。\n正是A13的存在，让iPhone SE的日常使用及拍照体验都能与现有旗舰类似。可以说，是A13+iOS系统，决定了iPhone的核心体验。\n根据苹果官方的数据，A13仿生芯片的CPU部分比A9（也就是上代iPhoneSE）性能提升2.4倍；GPU图形性能部分提升4倍，还有相应的AI机器学习能力，这些决定了它的使用流畅度，并可以运行AR应用等比较考验运算能力的场景。\n同样的，A13仿生芯片也成了拍照体验的推进力。\n白色iPhone SE（图片来自苹果官网）\n\n从数据上看，iPhone SE只有一颗1200万像素广角镜头，等效28毫米，光圈f/1.8，支持OIS光学防抖。但在A13芯片的加持下，不仅提升了拍照质量，还具备了一系列旗舰机的拍照玩法，比如人像模式、4K视频、Slo-mo慢镜等，甚至它的前置镜头在A13的加持下也支持人像模式。苹果又一次用芯片+算法加强了iPhone的拍照能力，这种做法其实也普遍用于整个手机行业。\n当然，iPhone SE毕竟只有一颗镜头，多镜头系统的光学变焦等功能它就不能实现了。\n定价3299元起 苹果再谈“性价比”\niPhone SE采用了类似iPhone SE初代的策略：采用一个之前产品的外观，但配上跟目前旗舰产品性能一致的处理器，由此省了一笔外观设计和模具费用，但其核心体验又能跟iPhone 11系列持平。\n并且3299元这个价格，几乎跟四年前的初代iPhone SE一致（3288元），对苹果来讲，这是他们第二次发布会“性价比iPhone”产品。而且还要考虑到，当年的iPhone SE是16GB起步，今天是64GB。而且四年前的多数国产安卓旗舰也不过3000元档位。\n虽然iPhone SE整体体验跟旗舰iPhone11 Pro系列有差别，外观也显得“复古”，但不到Pro系列一半甚至三分之一的价格，让它性价比显得颇为突出。尤其是在今年骁龙865系列安卓旗舰机都在涨价的大背景下。苹果似乎有意在此时重启iPhone SE系列，收割一波安卓用户。\n另外，即便抛开安卓用户不谈，也依旧有不少仍在用iPhone 6s、7等老款手机的用户在等待iPhone SE的到来。他们已经习惯iOS，又很在意价格。\n从3000元到上万的iPhone产品线，核心性能基本一直，设计材质，拍照等方面制造差异\n\n自2007年iPhone发布会之多年后，越来越多样的用户需求已经不是当初一年一款产品可以满足的，在之前@苹果汇 的调查中，很多用户依然怀念Touch ID指纹解锁（新冠疫情戴口罩还加强了这种需求），并且希望有个性能足够强大、又便于携带的手机——这些恰好是iPhone SE二代优势。\n对于苹果公司来讲，用这样一款“低门槛”的产品将更多人带入自家的生态，或让还在使用iPhone 7甚至6s等旧手机的用户花较少的钱来次升级，也不失为一步好棋。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":923233441,"gmtCreate":1585839837483,"gmtModify":1704359356622,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"微软吧，毕竟用了20多年了","listText":"微软吧，毕竟用了20多年了","text":"微软吧，毕竟用了20多年了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/923233441","repostId":"2024496853","repostType":2,"repost":{"id":"2024496853","kind":"news","pubTimestamp":1585837230,"share":"https://www.laohu8.com/m/news/2024496853?lang=&edition=full","pubTime":"2020-04-02 22:20","market":"us","language":"zh","title":"苹果和微软 抄底你选谁？","url":"https://stock-news.laohu8.com/highlight/detail?id=2024496853","media":"腾讯自选股","summary":"原标题：苹果和微软 抄底你选谁？ 来源：第一财经","content":"<html><body><p>原标题：<a href=\"https://laohu8.com/S/AAPL\">苹果</a>和<a href=\"https://laohu8.com/S/MSFT\">微软</a> 抄底你选谁？ 来源：第一财经</p><div><img src=\"http://k.sinaimg.cn/n/spider202042/200/w640h360/20200402/8c0c-irtymmv4813675.jpg/w2048fin.jpg\"/></div></body></html>","source":"sina_symbol","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>苹果和微软 抄底你选谁？</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苹果和微软 抄底你选谁？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-04-02 22:20 北京时间&nbsp;&nbsp;&nbsp;<a href=http://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/relnews/us/2020-04-02/doc-iimxxsth3354042.shtml><strong>腾讯自选股</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>原标题：苹果和微软 抄底你选谁？ 来源：第一财经</p>\n\n<a href=\"http://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/relnews/us/2020-04-02/doc-iimxxsth3354042.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/556acfb895c7cc721517dba494c0775b","relate_stocks":{"09086":"华夏纳指-U","MSFT":"微软","03086":"华夏纳指","AAPL":"苹果"},"source_url":"http://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/relnews/us/2020-04-02/doc-iimxxsth3354042.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2024496853","content_text":"原标题：苹果和微软 抄底你选谁？ 来源：第一财经","news_type":1},"isVote":1,"tweetType":1,"viewCount":1332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":929208380,"gmtCreate":1585334986640,"gmtModify":1704357961667,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"创新高，股票还是跌破发行价？","listText":"创新高，股票还是跌破发行价？","text":"创新高，股票还是跌破发行价？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/929208380","repostId":"2022094675","repostType":2,"repost":{"id":"2022094675","kind":"news","pubTimestamp":1585120560,"share":"https://www.laohu8.com/m/news/2022094675?lang=&edition=full","pubTime":"2020-03-25 15:16","market":"us","language":"zh","title":"腾讯音乐付费用户创新高 在线音乐平台迎来春天","url":"https://stock-news.laohu8.com/highlight/detail?id=2022094675","media":"通信信息报","summary":"腾讯音乐日前发布全年财报，其2019财年净利润39.82亿元，同比增长117.2%，营业收入254.34亿元，同比增33.97%。这得益于在线音乐付费用户大幅增长，更多人愿意为音乐付费，那是否意味着在...","content":"<html><body><div>\n<p>\r\n                原标题：<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>付费用户创新高 在线音乐平台迎来春天\r\n            </p>\n<p><img border=\"0\" height=\"276\" src=\"https://webquoteklinepic.eastmoney.com/GetPic.aspx?nid=106.TME&amp;imageType=k&amp;token=28dfeb41d35cc81d84b4664d7c23c49f&amp;at=1\" width=\"578\"/></p><p>　　<span>腾讯音乐</span><span></span>日前发布全年财报，其2019财年<span>净利润</span>39.82亿元，<span href=\"http://baike.eastmoney.com/item/同比\" target=\"_blank\" web=\"1\">同比</span>增长117.2%，<span>营业收入</span>254.34亿元，同比增33.97%。这得益于在线音乐付费用户大幅增长，更多人愿意为音乐付费，那是否意味着在线音乐平台的春天来了？</p>\n<p>　　<strong>付费用户实现创纪录增长</strong></p><div></div>\n<p>　　受益于中国数字音乐正版化进程的持续推进，以及用户付费意识的不断提升，中国<span href=\"http://baike.eastmoney.com/item/消费\" target=\"_blank\" web=\"1\">消费</span>者对文娱类<span href=\"http://baike.eastmoney.com/item/内容消费\" target=\"_blank\" web=\"1\">内容消费</span>的付费意愿逐步增强。2019年四季度，<span href=\"http://quote.eastmoney.com/us/TME.html?Market=NYSE\" target=\"_blank\" web=\"1\">腾讯音乐</span>在营收、净利、付费用户数、在线音乐ARPPU等几个关键指标上，均有所增长。其中，总营收同比增长35.1%至72.9亿元，归属于<span href=\"http://baike.eastmoney.com/item/公司\" target=\"_blank\" web=\"1\">公司</span><span>股东</span><span href=\"http://baike.eastmoney.com/item/净利润\" target=\"_blank\" web=\"1\">净利润</span>较去年同期增长至10.4亿元。</p>\n<p>　　去年第四季度，<span href=\"http://quote.eastmoney.com/us/TME.html?Market=NYSE\" target=\"_blank\" web=\"1\">腾讯音乐</span>在线音乐付费用户达到3990万，同比增长47.8%，<span href=\"http://baike.eastmoney.com/item/环比\" target=\"_blank\" web=\"1\">环比</span>上一季度净增加450万，达到上市以来最高增速，在线音乐ARPPU同比增长8.1%。</p>\n<p>　　财报显示，截至2019年12月31日，腾讯音乐娱乐集团的在线音乐付费率达到了6.2%，而2018年和2017年同期为4.2%和3.2%。这组数字不仅对腾讯音乐娱乐集团，对于整个中国音乐<span href=\"http://baike.eastmoney.com/item/市场\" target=\"_blank\" web=\"1\">市场</span>而言，均是一次历史性的突破。</p>\n<p>　　<strong>音乐付费模式受到认可</strong></p>\n<p>　　花3元钱买一首歌的“收听权”值不值？如今，愿意为“好音乐”付费的用户越来越多。根据艾媒咨询发布的《2019-2020年中国手机音乐<span href=\"http://baike.eastmoney.com/item/客户\" target=\"_blank\" web=\"1\">客户</span>端市场<span>研究报告</span>》显示，在2019年上半年中国手机各类应用使用时长占比中，网络音乐类应用占比达10.7%，排第四位，是为数不多保持长青的应用。2019年整体用户规模较上年增6.6%，达5.80亿人，预计2020年将增至6.18亿人。</p>\n<p>　　经过近几年的行业变革，中国在线音乐行业的版权意识已经养成，音乐付费模式也得到了用户的认可。有研究机构数据显示，目前内容付费占数字音乐总收入的比例已接近六成。</p>\n<p>　　哪些人是音乐内容付费的<span>主力</span>军？据艾瑞咨询的相关<span href=\"http://baike.eastmoney.com/item/报告\" target=\"_blank\" web=\"1\">报告</span>显示，中国在线音乐用户平均年龄为28.7岁，其中26-30岁用户占到整体的38.7%。在付费<span href=\"http://baike.eastmoney.com/item/群体\" target=\"_blank\" web=\"1\">群体</span>中，高学历、高收入者居多，但用户整体付费额度较低，近半用户每月花费在10元以内。</p>\n<p>　　<strong>在线音乐市场潜力巨大</strong></p>\n<p>　　盈利难，一度是困扰中国在线音乐发展的最大掣肘。然而，中国在2015年发布“最严版权令”后，版权秩序得到很大整顿，随着人们付费意愿不断上升，让在线音乐平台似乎看到了“春天”。</p>\n<p>　　2013-2018年，国内在线音乐<span href=\"http://baike.eastmoney.com/item/产业\" target=\"_blank\" web=\"1\">产业</span>市场规模不断增长。2016年产业规模首次突破500亿元，同比增长6.2%。2017年，中国在线音乐的产业规模达到580.6亿，同比增长9.6%。中商产业研究院预计到2020年我国在线音乐市场规模有望达到700亿元以上。</p>\n<p>　　除了音乐付费外，在线音乐平台还可以探寻更多的<span href=\"http://baike.eastmoney.com/item/商业\" target=\"_blank\" web=\"1\">商业</span>模式。</p>\n<p>　　例如，腾讯音乐围绕在线音乐和社交娱乐两大核心<span href=\"http://baike.eastmoney.com/item/服务\" target=\"_blank\" web=\"1\">服务</span>打造音乐社交娱乐生态圈，在提供音乐包、数字专辑、数字单曲等多种音乐<span href=\"http://baike.eastmoney.com/item/产品\" target=\"_blank\" web=\"1\">产品</span>的基础上，还拓展了K歌、直播等音乐场景以及明星见面会等<span href=\"http://baike.eastmoney.com/item/会员\" target=\"_blank\" web=\"1\">会员</span>权益。</p>\n<p>　　<span>网易</span><span></span>云音乐<span href=\"http://baike.eastmoney.com/item/定位\" target=\"_blank\" web=\"1\">定位</span>原创版权、音乐社区氛围、音乐传播生态等方面，以吸引用户，将单向音乐传播转换为双向，提高用户使用时长。</p>\n<p>　　业内人士指出，丰富平台内容、持续挖掘用户价值，是在线音乐平台亟需解决的问题。同时，在市场发展的新形势下，市场规范和行业监管也要跟上，为在线音乐的健康发展创造良好环境。</p>\n<p>\r\n                (责任编辑：DF526)\r\n            </p>\n</div></body></html>","source":"stock_eastmoney","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>腾讯音乐付费用户创新高 在线音乐平台迎来春天</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; 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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腾讯音乐付费用户创新高 在线音乐平台迎来春天\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-03-25 15:16 北京时间&nbsp;&nbsp;&nbsp;<a href=http://finance.eastmoney.com/a/202003251431696738.html><strong>通信信息报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>原标题：腾讯音乐付费用户创新高 在线音乐平台迎来春天\r\n            \n　　腾讯音乐日前发布全年财报，其2019财年净利润39.82亿元，同比增长117.2%，营业收入254.34亿元，同比增33.97%。这得益于在线音乐付费用户大幅增长，更多人愿意为音乐付费，那是否意味着在线音乐平台的春天来了？\n　　付费用户实现创纪录增长\n　　受益于中国数字音乐正版化进程的持续推进，以及用户付费意识的...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202003251431696738.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/06c120bbb961941a6910f63352c38f2b","relate_stocks":{"TME":"腾讯音乐"},"source_url":"http://finance.eastmoney.com/a/202003251431696738.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2022094675","content_text":"原标题：腾讯音乐付费用户创新高 在线音乐平台迎来春天\r\n            \n　　腾讯音乐日前发布全年财报，其2019财年净利润39.82亿元，同比增长117.2%，营业收入254.34亿元，同比增33.97%。这得益于在线音乐付费用户大幅增长，更多人愿意为音乐付费，那是否意味着在线音乐平台的春天来了？\n　　付费用户实现创纪录增长\n　　受益于中国数字音乐正版化进程的持续推进，以及用户付费意识的不断提升，中国消费者对文娱类内容消费的付费意愿逐步增强。2019年四季度，腾讯音乐在营收、净利、付费用户数、在线音乐ARPPU等几个关键指标上，均有所增长。其中，总营收同比增长35.1%至72.9亿元，归属于公司股东净利润较去年同期增长至10.4亿元。\n　　去年第四季度，腾讯音乐在线音乐付费用户达到3990万，同比增长47.8%，环比上一季度净增加450万，达到上市以来最高增速，在线音乐ARPPU同比增长8.1%。\n　　财报显示，截至2019年12月31日，腾讯音乐娱乐集团的在线音乐付费率达到了6.2%，而2018年和2017年同期为4.2%和3.2%。这组数字不仅对腾讯音乐娱乐集团，对于整个中国音乐市场而言，均是一次历史性的突破。\n　　音乐付费模式受到认可\n　　花3元钱买一首歌的“收听权”值不值？如今，愿意为“好音乐”付费的用户越来越多。根据艾媒咨询发布的《2019-2020年中国手机音乐客户端市场研究报告》显示，在2019年上半年中国手机各类应用使用时长占比中，网络音乐类应用占比达10.7%，排第四位，是为数不多保持长青的应用。2019年整体用户规模较上年增6.6%，达5.80亿人，预计2020年将增至6.18亿人。\n　　经过近几年的行业变革，中国在线音乐行业的版权意识已经养成，音乐付费模式也得到了用户的认可。有研究机构数据显示，目前内容付费占数字音乐总收入的比例已接近六成。\n　　哪些人是音乐内容付费的主力军？据艾瑞咨询的相关报告显示，中国在线音乐用户平均年龄为28.7岁，其中26-30岁用户占到整体的38.7%。在付费群体中，高学历、高收入者居多，但用户整体付费额度较低，近半用户每月花费在10元以内。\n　　在线音乐市场潜力巨大\n　　盈利难，一度是困扰中国在线音乐发展的最大掣肘。然而，中国在2015年发布“最严版权令”后，版权秩序得到很大整顿，随着人们付费意愿不断上升，让在线音乐平台似乎看到了“春天”。\n　　2013-2018年，国内在线音乐产业市场规模不断增长。2016年产业规模首次突破500亿元，同比增长6.2%。2017年，中国在线音乐的产业规模达到580.6亿，同比增长9.6%。中商产业研究院预计到2020年我国在线音乐市场规模有望达到700亿元以上。\n　　除了音乐付费外，在线音乐平台还可以探寻更多的商业模式。\n　　例如，腾讯音乐围绕在线音乐和社交娱乐两大核心服务打造音乐社交娱乐生态圈，在提供音乐包、数字专辑、数字单曲等多种音乐产品的基础上，还拓展了K歌、直播等音乐场景以及明星见面会等会员权益。\n　　网易云音乐定位原创版权、音乐社区氛围、音乐传播生态等方面，以吸引用户，将单向音乐传播转换为双向，提高用户使用时长。\n　　业内人士指出，丰富平台内容、持续挖掘用户价值，是在线音乐平台亟需解决的问题。同时，在市场发展的新形势下，市场规范和行业监管也要跟上，为在线音乐的健康发展创造良好环境。\n\r\n                (责任编辑：DF526)","news_type":1},"isVote":1,"tweetType":1,"viewCount":1861,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":920733419,"gmtCreate":1585131275531,"gmtModify":1704357038142,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LK\">$瑞幸咖啡(LK)$</a>空起来！","listText":"<a href=\"https://laohu8.com/S/LK\">$瑞幸咖啡(LK)$</a>空起来！","text":"$瑞幸咖啡(LK)$空起来！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/920733419","isVote":1,"tweetType":1,"viewCount":4171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":989464552,"gmtCreate":1582901168076,"gmtModify":1704348259072,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LK\">$瑞幸咖啡(LK)$</a>牛逼！！","listText":"<a href=\"https://laohu8.com/S/LK\">$瑞幸咖啡(LK)$</a>牛逼！！","text":"$瑞幸咖啡(LK)$牛逼！！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/989464552","isVote":1,"tweetType":1,"viewCount":742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":914054959,"gmtCreate":1580993594971,"gmtModify":1704343147279,"author":{"id":"3494458289120706","authorId":"3494458289120706","name":"追风者小猪","avatar":"https://static.tigerbbs.com/c029aefcd09a9f8872def91545b68290","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3494458289120706","authorIdStr":"3494458289120706"},"themes":[],"htmlText":"瑞幸肯定是被同行搞的，只有同行才是赤裸裸的仇恨啊！哈哈哈哈","listText":"瑞幸肯定是被同行搞的，只有同行才是赤裸裸的仇恨啊！哈哈哈哈","text":"瑞幸肯定是被同行搞的，只有同行才是赤裸裸的仇恨啊！哈哈哈哈","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/914054959","repostId":"2009023491","repostType":2,"repost":{"id":"2009023491","kind":"news","pubTimestamp":1580967840,"share":"https://www.laohu8.com/m/news/2009023491?lang=&edition=full","pubTime":"2020-02-06 13:44","market":"us","language":"zh","title":"瑞幸咖啡“蹚”浑水：单店销量遭质疑 回应后股价涨16%","url":"https://stock-news.laohu8.com/highlight/detail?id=2009023491","media":"中国经营网","summary":"大热的中概股，从来不会缺少做空机构的格外“关注”。日前，著名的做空机构浑水在其推特上发布了针对瑞幸咖啡(LK.US)的做空报告。受此份做空报告的影响，1月31日当天，瑞幸咖啡一度跌超26%，收盘时跌幅...","content":"<html><body><div>\n<p><img border=\"0\" height=\"276\" src=\"https://webquoteklinepic.eastmoney.com/GetPic.aspx?nid=105.LK&amp;imageType=k&amp;token=28dfeb41d35cc81d84b4664d7c23c49f&amp;at=1\" width=\"578\"/></p><p>　　大热的中概股，从来不会缺少做空机构的格外“关注”。日前，著名的做空机构浑水在其<span>推特</span><span></span>上发布了针对<span><a href=\"https://laohu8.com/S/LK\">瑞幸咖啡</a></span><span></span>(LK.US)的做空报告。受此份做空报告的影响，1月31日当天，<span href=\"http://quote.eastmoney.com/us/LK.html?Market=NASDAQ\" target=\"_blank\" web=\"1\">瑞幸咖啡</span>一度跌超26%，收盘时跌幅10.74%。</p>\n<p>　　2月3日晚间，<span href=\"http://quote.eastmoney.com/us/LK.html?Market=NASDAQ\" target=\"_blank\" web=\"1\">瑞幸咖啡</span>做出了回应，认为该份报告对<span href=\"http://baike.eastmoney.com/item/公司\" target=\"_blank\" web=\"1\">公司</span>模式存在根本性误解。在发布报告的同时，浑水称这份做空报告并非是浑水自己发布的，而是来自于匿名信源。但浑水在收到匿名举报后，认为这份报告是可信的。浑水在推文中添加了该报告的附件原文。截至2月4日，瑞幸咖啡的股价大涨，涨幅高达15.6%。</p><div></div>\n<p>　　和君集团<span href=\"http://baike.eastmoney.com/item/合伙\" target=\"_blank\" web=\"1\">合伙</span>人、连锁经营专家文志宏认为，瑞幸咖啡的商业逻辑是完全成立的，且并不是没有成功的前例，目前来看，浑水对瑞幸咖啡的<span href=\"http://baike.eastmoney.com/item/单店\" target=\"_blank\" web=\"1\">单店</span>销售量存在质疑，却缺乏核心的数据支撑，相比之下，投资者则似乎更愿意相信瑞幸咖啡的资本故事。</p>\n<p>　　当<span href=\"http://baike.eastmoney.com/item/公众\" target=\"_blank\" web=\"1\">公众</span>对浑水的匿名信源产生质疑之时，另一家做空机构香橼在<span href=\"http://quote.eastmoney.com/us/TWTR.html?Market=NYSE\" target=\"_blank\" web=\"1\">推特</span>上表示也收到了这份做空报告，香橼称尊重浑水，但认为该份报告“并不准确”。因为香橼通过商业数据、应用下载以及访谈竞争对手等方式确认了瑞幸咖啡在中国业务爆发，认为并无不妥。</p>\n<p>　　<strong>“耗时一万小时的调查”</strong></p>\n<p>　　瑞幸咖啡的爆发无疑是资本运作下的集大成之作。在2019年第三季度，瑞幸咖啡无论是在资本市场还是一级市场都迎来前所未有的增长。2019年11月中旬开始，瑞幸咖啡股价大涨，在不到2个月的时间内，股价上涨超过了一倍，而刺激二级市场的主要指标是瑞幸咖啡宣布在第三季度单店实现正向盈利。</p>\n<p>　　对于单店<span href=\"http://baike.eastmoney.com/item/利润\" target=\"_blank\" web=\"1\">利润</span>率，瑞幸咖啡在财报中给出的计算方式为<span href=\"http://baike.eastmoney.com/item/产品\" target=\"_blank\" web=\"1\">产品</span>净收益减去各类生产和经营成本再除以产品净收益，其计算方法类似于个体户的单个门店收益计算方式。值得注意的是，其中不包含高额的市场营销费用以及总部的管理开支等。根据此前瑞幸咖啡的财报显示，自2018年以来瑞幸咖啡的市场营销费用占总支持的比例超过了六成。</p>\n<p>　　“单店利润率在财务上没有实际概念。突出单店实现盈利，主要还是在于创造让投资者对自己有好感的指标。”香颂资本执行董事沈萌告诉《中国经营报》记者，但瑞幸咖啡告诉投资者们单店实现了盈利，只要总部的成本得到控制，在规模不断扩展的情况下，说明整个公司实现<span>净利润</span>已经指日可望。“瑞幸咖啡主要还是先通过有利指标向外界传达出一种乐观的预期。”</p>\n<p>　　但浑水的报告中，直指瑞幸咖啡自2019年第三季度以来存在造假行为。做空报告认为，瑞幸咖啡夸大了门店商品的销售数量，将第三季度和第四季度，每店每日的商品销量至少夸大了69%和88%。报告中强调，瑞幸咖啡的订单量、销量、<span href=\"http://baike.eastmoney.com/item/价格\" target=\"_blank\" web=\"1\">价格</span>方面存在造假行为，而这意味着报告的核心论点是瑞幸咖啡的单店利润存在造假行为。根据瑞幸咖啡公布的数据，16元的单杯价格和单店日平均448杯的销量可以使得单店利润率接近30%。但如果按照报告所指出的数据模型来看，单店的经营将<span href=\"http://baike.eastmoney.com/item/亏损\" target=\"_blank\" web=\"1\">亏损</span>达28%。</p>\n<p>　　按照报告中的逻辑，瑞幸咖啡的门店处于亏损状态，但为了在财务上制造出盈利的假象，因而夸大市场营销的费用以遮掩。在2019年第三季度，瑞星咖啡计划在<span><a href=\"https://laohu8.com/S/002027\">分众传媒</a></span><span></span>(主营电梯、室外电子屏幕等广告业务)的投放为3.8亿元。根据报告中第三方的统计数据显示，在2019年5月之前，瑞幸咖啡一直是<span href=\"http://quote.eastmoney.com/sz002027.html\" target=\"_blank\" web=\"1\">分众传媒</span>最大的客户。但从6月起，根据瑞星咖啡在<span href=\"http://quote.eastmoney.com/sz002027.html\" target=\"_blank\" web=\"1\">分众传媒</span>的投放迅速缩减，已不在前十客户的位置中，实际支出仅为0.46亿元。</p>\n<p>　　做空报告认为，正是在广告投放中虚报的3.3亿元，弥补了单店亏损所造成的整体亏损，造成了单店盈利的假象。</p>\n<p>　　在浑水的<span href=\"http://quote.eastmoney.com/us/TWTR.html?Market=NYSE\" target=\"_blank\" web=\"1\">推特</span>还表明，该支撑报告论点的是报告作者动员了92名全职和1418名<span href=\"http://baike.eastmoney.com/item/兼职\" target=\"_blank\" web=\"1\">兼职</span>人员进行现场监控，记录了瑞幸咖啡981家门店的日客流量，覆盖了620家门店100%的营业时间。与此同时，作者还收集了来自45个城市2213家门店10119名顾客的25834张收据。</p>\n<p>　　按照报告中的时间推测，该报告作者从瑞幸咖啡成立之初就开始搜集物证，且投入到了大量的人力和物力成本。在其公布的瑞幸咖啡的门店工作群聊天记录以及订单号显示，瑞幸咖啡的部分门店确存在跳号的问题。报告认为，瑞幸咖啡正是通过这些技术手段从订单量、销量、价格三个方面全面造假。</p>\n<p>　　对于该份做空报告的作者，浑水方面没有任何透露。但梳理浑水多年来的做空报告不难发现，无论是最初东方纸业到最近的安踏，浑水的做空逻辑是建立在大量的视频、照片、内部人员对话的基础上，以求形成完整的证据链。而此份报告与浑水此前的手法相似。对于浑水强调“匿名”的做法，有观点认为浑水自知报告存在漏洞以及承担很大的法律风险，因而以匿名表示出自第三方之手。</p>\n<p>　　恰恰此时，另一做空机构香橼却声称也收到了该份报告。但曾因恶意做空而被禁入港股的香橼却罕见的支持瑞幸的商业逻辑并表示出了对该份报告的质疑。“香橼通过商业数据、应用下载以及访谈竞争对手等方式确认了瑞幸咖啡在中国业务爆发。”因而认为该份匿名报告并不准确。</p>\n<p>　　“如果该份报告确如浑水所言，不是出自自己之手而是另有他人，那么耗费如此大的人力以及能获取如此详细资料的匿名者，很有可能源自国内。”沈萌说。</p>\n<p>　　<strong>瑞幸的淡然？</strong></p>\n<p>　　面对浑水咄咄逼人的报告，瑞幸则显得相对淡然，而二级市场也对报告的真实性产生了质疑。自2020年2月3日瑞幸咖啡发布澄清<span>公告</span>后，瑞幸咖啡的股价一路高涨，截至发稿前盘中大涨达15.6%。</p>\n<p>　　对于二级市场的信心，从事精品咖啡店行业的魏云峰告诉记者，浑水报告并不具备高杀伤性的核心在于，报告中没有拿到<span href=\"http://baike.eastmoney.com/item/供应商\" target=\"_blank\" web=\"1\">供应商</span>的数据与牛奶、糖浆、咖啡豆乃至坚果零食的交易数据，这才是对瑞幸咖啡单店数据最为准确的核算方式，单靠外部数据合计是与实际发生量存在一定误差的。</p>\n<p>　　但在魏云峰看来，所有店面的日均销售量均超过400杯确实会让人有所疑问。“瑞幸咖啡应该公布所有门店销售的<span href=\"http://baike.eastmoney.com/item/中位数\" target=\"_blank\" web=\"1\">中位数</span>，相对来说更为直观。”</p>\n<p>　　值得注意的是，浑水此次并未对瑞幸咖啡的股价做出自己的估算。沈萌告诉记者，这篇报告绝对不是在最近才形成的，只是浑水认为瑞幸的股价一路上涨，股价已经超过了价值所在，因而趁机发难，以获取利益。</p>\n<p>　　对于浑水长篇的报告，瑞幸的澄清公告中认为，报告的论证方式存在缺陷，报告中包含的所谓证据无确凿事实依据，且报告中的指控均基于毫无根据的推测和对事件的恶意解释。同时，瑞幸强调了自身的商业逻辑：“凭<span href=\"http://baike.eastmoney.com/item/借\" target=\"_blank\" web=\"1\">借</span>我们颠覆性的新零售模式、多元化的产品组合和强大的财务状况，瑞幸咖啡将继续拓展夯实业务，为客户提供卓越的<span href=\"http://baike.eastmoney.com/item/价值主张\" target=\"_blank\" web=\"1\">价值主张</span>，并长期为<span>股东</span>提供可持续的价值。”</p>\n<p>　　对于浑水多项的财务数据造假的指责，瑞幸是以全盘否定的态度盖过，并未对报告中任何数据做出详细的解释和反驳。</p>\n<p>　　文志宏认为，瑞幸的商业逻辑是完全成立的，且由于其整个线下店面的灵活性和大数据支撑和运用，相较于<span><a href=\"https://laohu8.com/S/SBUX\">星巴克</a></span><span></span>等是存在一定技术优势的。“瑞幸的商业逻辑并不是独树一帜，是典型的<span href=\"http://baike.eastmoney.com/item/互联网\" target=\"_blank\" web=\"1\">互联网</span><span href=\"http://baike.eastmoney.com/item/企业\" target=\"_blank\" web=\"1\">企业</span>的发展思路，例如<span><a href=\"https://laohu8.com/S/JD\">京东</a></span><span></span>、<span><a href=\"https://laohu8.com/S/AMZN\">亚马逊</a></span><span></span>等都是成功的案例，以高投放打造<span href=\"http://baike.eastmoney.com/item/品牌\" target=\"_blank\" web=\"1\">品牌</span>认知度，在确定品牌优势后，逐步减少各类优惠和投放，以<span href=\"http://baike.eastmoney.com/item/品牌溢价\" target=\"_blank\" web=\"1\">品牌溢价</span>获取利润。” 文志宏说，但最终瑞幸的发展前景能走到哪里，还是在于高层的意愿，瑞幸向上可以发展相关<span href=\"http://baike.eastmoney.com/item/产业\" target=\"_blank\" web=\"1\">产业</span>的布局，成为集咖啡、奶茶、零食等产业的终端品牌，也可以就在咖啡领域深耕。</p><p>（文章来源：中国经营网）</p>\n<p>\r\n                (责任编辑：DF386)\r\n            </p>\n</div></body></html>","source":"stock_eastmoney","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\" 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}\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瑞幸咖啡“蹚”浑水：单店销量遭质疑 回应后股价涨16%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-02-06 13:44 北京时间&nbsp;&nbsp;&nbsp;<a href=http://finance.eastmoney.com/a/202002061374148267.html><strong>中国经营网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>大热的中概股，从来不会缺少做空机构的格外“关注”。日前，著名的做空机构浑水在其推特上发布了针对瑞幸咖啡(LK.US)的做空报告。受此份做空报告的影响，1月31日当天，瑞幸咖啡一度跌超26%，收盘时跌幅10.74%。\n　　2月3日晚间，瑞幸咖啡做出了回应，认为该份报告对公司模式存在根本性误解。在发布报告的同时，浑水称这份做空报告并非是浑水自己发布的，而是来自于匿名信源。但浑水在收到匿名举报后，认为...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202002061374148267.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/93bc554492a6ac75a506826b968cfb2f","relate_stocks":{},"source_url":"http://finance.eastmoney.com/a/202002061374148267.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2009023491","content_text":"大热的中概股，从来不会缺少做空机构的格外“关注”。日前，著名的做空机构浑水在其推特上发布了针对瑞幸咖啡(LK.US)的做空报告。受此份做空报告的影响，1月31日当天，瑞幸咖啡一度跌超26%，收盘时跌幅10.74%。\n　　2月3日晚间，瑞幸咖啡做出了回应，认为该份报告对公司模式存在根本性误解。在发布报告的同时，浑水称这份做空报告并非是浑水自己发布的，而是来自于匿名信源。但浑水在收到匿名举报后，认为这份报告是可信的。浑水在推文中添加了该报告的附件原文。截至2月4日，瑞幸咖啡的股价大涨，涨幅高达15.6%。\n　　和君集团合伙人、连锁经营专家文志宏认为，瑞幸咖啡的商业逻辑是完全成立的，且并不是没有成功的前例，目前来看，浑水对瑞幸咖啡的单店销售量存在质疑，却缺乏核心的数据支撑，相比之下，投资者则似乎更愿意相信瑞幸咖啡的资本故事。\n　　当公众对浑水的匿名信源产生质疑之时，另一家做空机构香橼在推特上表示也收到了这份做空报告，香橼称尊重浑水，但认为该份报告“并不准确”。因为香橼通过商业数据、应用下载以及访谈竞争对手等方式确认了瑞幸咖啡在中国业务爆发，认为并无不妥。\n　　“耗时一万小时的调查”\n　　瑞幸咖啡的爆发无疑是资本运作下的集大成之作。在2019年第三季度，瑞幸咖啡无论是在资本市场还是一级市场都迎来前所未有的增长。2019年11月中旬开始，瑞幸咖啡股价大涨，在不到2个月的时间内，股价上涨超过了一倍，而刺激二级市场的主要指标是瑞幸咖啡宣布在第三季度单店实现正向盈利。\n　　对于单店利润率，瑞幸咖啡在财报中给出的计算方式为产品净收益减去各类生产和经营成本再除以产品净收益，其计算方法类似于个体户的单个门店收益计算方式。值得注意的是，其中不包含高额的市场营销费用以及总部的管理开支等。根据此前瑞幸咖啡的财报显示，自2018年以来瑞幸咖啡的市场营销费用占总支持的比例超过了六成。\n　　“单店利润率在财务上没有实际概念。突出单店实现盈利，主要还是在于创造让投资者对自己有好感的指标。”香颂资本执行董事沈萌告诉《中国经营报》记者，但瑞幸咖啡告诉投资者们单店实现了盈利，只要总部的成本得到控制，在规模不断扩展的情况下，说明整个公司实现净利润已经指日可望。“瑞幸咖啡主要还是先通过有利指标向外界传达出一种乐观的预期。”\n　　但浑水的报告中，直指瑞幸咖啡自2019年第三季度以来存在造假行为。做空报告认为，瑞幸咖啡夸大了门店商品的销售数量，将第三季度和第四季度，每店每日的商品销量至少夸大了69%和88%。报告中强调，瑞幸咖啡的订单量、销量、价格方面存在造假行为，而这意味着报告的核心论点是瑞幸咖啡的单店利润存在造假行为。根据瑞幸咖啡公布的数据，16元的单杯价格和单店日平均448杯的销量可以使得单店利润率接近30%。但如果按照报告所指出的数据模型来看，单店的经营将亏损达28%。\n　　按照报告中的逻辑，瑞幸咖啡的门店处于亏损状态，但为了在财务上制造出盈利的假象，因而夸大市场营销的费用以遮掩。在2019年第三季度，瑞星咖啡计划在分众传媒(主营电梯、室外电子屏幕等广告业务)的投放为3.8亿元。根据报告中第三方的统计数据显示，在2019年5月之前，瑞幸咖啡一直是分众传媒最大的客户。但从6月起，根据瑞星咖啡在分众传媒的投放迅速缩减，已不在前十客户的位置中，实际支出仅为0.46亿元。\n　　做空报告认为，正是在广告投放中虚报的3.3亿元，弥补了单店亏损所造成的整体亏损，造成了单店盈利的假象。\n　　在浑水的推特还表明，该支撑报告论点的是报告作者动员了92名全职和1418名兼职人员进行现场监控，记录了瑞幸咖啡981家门店的日客流量，覆盖了620家门店100%的营业时间。与此同时，作者还收集了来自45个城市2213家门店10119名顾客的25834张收据。\n　　按照报告中的时间推测，该报告作者从瑞幸咖啡成立之初就开始搜集物证，且投入到了大量的人力和物力成本。在其公布的瑞幸咖啡的门店工作群聊天记录以及订单号显示，瑞幸咖啡的部分门店确存在跳号的问题。报告认为，瑞幸咖啡正是通过这些技术手段从订单量、销量、价格三个方面全面造假。\n　　对于该份做空报告的作者，浑水方面没有任何透露。但梳理浑水多年来的做空报告不难发现，无论是最初东方纸业到最近的安踏，浑水的做空逻辑是建立在大量的视频、照片、内部人员对话的基础上，以求形成完整的证据链。而此份报告与浑水此前的手法相似。对于浑水强调“匿名”的做法，有观点认为浑水自知报告存在漏洞以及承担很大的法律风险，因而以匿名表示出自第三方之手。\n　　恰恰此时，另一做空机构香橼却声称也收到了该份报告。但曾因恶意做空而被禁入港股的香橼却罕见的支持瑞幸的商业逻辑并表示出了对该份报告的质疑。“香橼通过商业数据、应用下载以及访谈竞争对手等方式确认了瑞幸咖啡在中国业务爆发。”因而认为该份匿名报告并不准确。\n　　“如果该份报告确如浑水所言，不是出自自己之手而是另有他人，那么耗费如此大的人力以及能获取如此详细资料的匿名者，很有可能源自国内。”沈萌说。\n　　瑞幸的淡然？\n　　面对浑水咄咄逼人的报告，瑞幸则显得相对淡然，而二级市场也对报告的真实性产生了质疑。自2020年2月3日瑞幸咖啡发布澄清公告后，瑞幸咖啡的股价一路高涨，截至发稿前盘中大涨达15.6%。\n　　对于二级市场的信心，从事精品咖啡店行业的魏云峰告诉记者，浑水报告并不具备高杀伤性的核心在于，报告中没有拿到供应商的数据与牛奶、糖浆、咖啡豆乃至坚果零食的交易数据，这才是对瑞幸咖啡单店数据最为准确的核算方式，单靠外部数据合计是与实际发生量存在一定误差的。\n　　但在魏云峰看来，所有店面的日均销售量均超过400杯确实会让人有所疑问。“瑞幸咖啡应该公布所有门店销售的中位数，相对来说更为直观。”\n　　值得注意的是，浑水此次并未对瑞幸咖啡的股价做出自己的估算。沈萌告诉记者，这篇报告绝对不是在最近才形成的，只是浑水认为瑞幸的股价一路上涨，股价已经超过了价值所在，因而趁机发难，以获取利益。\n　　对于浑水长篇的报告，瑞幸的澄清公告中认为，报告的论证方式存在缺陷，报告中包含的所谓证据无确凿事实依据，且报告中的指控均基于毫无根据的推测和对事件的恶意解释。同时，瑞幸强调了自身的商业逻辑：“凭借我们颠覆性的新零售模式、多元化的产品组合和强大的财务状况，瑞幸咖啡将继续拓展夯实业务，为客户提供卓越的价值主张，并长期为股东提供可持续的价值。”\n　　对于浑水多项的财务数据造假的指责，瑞幸是以全盘否定的态度盖过，并未对报告中任何数据做出详细的解释和反驳。\n　　文志宏认为，瑞幸的商业逻辑是完全成立的，且由于其整个线下店面的灵活性和大数据支撑和运用，相较于星巴克等是存在一定技术优势的。“瑞幸的商业逻辑并不是独树一帜，是典型的互联网企业的发展思路，例如京东、亚马逊等都是成功的案例，以高投放打造品牌认知度，在确定品牌优势后，逐步减少各类优惠和投放，以品牌溢价获取利润。” 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