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散静
05-10
$DiDi Global Inc.(DIDIY)$
一季度财报一出来,就会大涨一波。吃肉要有耐心
散静
2019-11-21
$小米集团-W(01810)$
估计还要腰斩。
散静
2019-02-21
$拼多多(PDD)$看来今晚会拉到35
散静
2020-06-30
$切萨皮克能源(CHKAQ)$
开盘就腰斩。
散静
2019-11-14
$小米集团-W(01810)$
完了,机构换手,a机构卖出100, b机构吸50,(其它50散户买)再把50卖出,d机构吸25(其它25散户买),这样倒几次,筹码全在散户手上。都上吧,一起做股东。拿个三五年。
散静
2019-02-26
$拼多多(PDD)$ 拼多多3月13日公布财报.大家预测下.
散静
2020-08-21
$拼多多(PDD)$
明显是在搞障眼法,增长数据,营收数据,都在提同比。问题是,同去年相比。去年拼多多的股价是二三十刀。
散静
2019-11-01
$小米集团-W(01810)$
不去争论小米的未来,看盘说话,9.5元是当前压力位,也林斌套现的位置。技术层面有句话,叫突破站稳再下单。现在用微小的涨幅去诱多,然后来个大跌,就被套住了。
散静
2023-10-13
$DiDi Global Inc.(DIDIY)$
去港上市不重要,重要的是港股通,只要港股通现实,滴滴的价值重估。不信的话,咱们拭目以待
散静
2019-10-30
$小米集团-W(01810)$
发表个人的意见。小米现阶段只适合反复做T.有两节点,8.5元左右做多,9.5左右做空。突破并站稳10块,才是小米向上的开始。9.5元左右是压力线。
散静
2019-05-20
$小米集团-W(01810)$ 竞猜小米明日股价。A.大涨 .B.大跌。C.不上不下.
散静
2022-12-20
$DiDi Global Inc.(DIDIY)$
滴滴还要公布财报吗?知道的大神说一下。瑞幸也在粉单市场,好像有公布财报。
散静
2019-10-30
$小米集团-W(01810)$
搞笑是有人一直唱多,股价一路下跌。说什么不信小米就卖掉,我们是深套者,死猪不怕开水汤。新进的散户注意些。除非你是价值投资者,拿个二三年不动,说不定小米股价才有转机。现在小米仍是下行趋势。
散静
2019-07-09
$小米集团-W(01810)$
今天肯定破9
散静
2019-02-27
$拼多多(PDD)$这股向来是反的.不过现在是高位,等调整后再考虑入手
散静
2020-08-21
$拼多多(PDD)$
数据造不造假,自己用头脑想一想。活跃的用户增长了55%,但营收没什么的增长,亏损却在扩大,这不科学呀!
散静
2019-11-27
$小米集团-W(01810)$
明天大概率会下跌,小米前几次财报都是好于市场预期,但次次下跌。这次营收都不及预期,加上手机业务更差一点。
散静
2019-11-14
$小米集团-W(01810)$
这里面有人天天唱多,唱了大半年,而且每天几乎以刷屏式的方式喊多,股价却….
散静
2019-05-30
$小米集团-W(01810)$ 小米在9.5到10之间跳动,估计到8月港股通后,才会反弹.耐心的等二个月吧.
散静
2019-10-31
$小米集团-W(01810)$
看下过去的K线图,就知道是历史重演,每天涨一个点左右,连涨几天 然后一天大幅跌完。只有突破林斌顶,并站稳10块,小米才可能是上升趋势。
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09:10","market":"hk","language":"zh","title":"坚定多头思维!张忆东最新分享:行情才刚刚开始,对时间和空间不要设限","url":"https://stock-news.laohu8.com/highlight/detail?id=1143605875","media":"六里投资报","summary":"国庆假期期间,A股虽暂时休市,港股却是风起云涌,一度出现10月2日恒生指数单日暴涨6.2%的疯狂。从中期的维度来说,大家要摒弃熊市思维,坚定多头思维,对行情的时间和空间不要设限。以下整理提炼了张忆东交流的精彩内容:中国股市行情进入到一个反转逻辑事实上,港股市场的转机并不是从近期开始的,而是从今年的二三月份。这一次央行的措施,可以类比2023年3月美联储启动无上限QE,以及它对市场的主动作为、主动干预。","content":"<html><head></head><body><p><strong>国庆假期期间,A股虽暂时休市,港股却是风起云涌,一度出现10月2日恒生指数单日暴涨6.2%的疯狂。</strong></p><p><strong>兴业证券全球首席策略分析师、兴证国际首席经济学家张忆东,在国庆假期期间,以“继续做多中国股市:反转逻辑、三大主线”为题,发表了最新的策略报告,同时也在线分享了自己对市场的最新观点。</strong></p><p>张忆东表示,在9月24号之后,大家应该清晰地认知到,中国股市行情,它进入到了一个反转逻辑。</p><p>反转逻辑的原因就在于,中国宏观政策的导向,出现了方向性的转换。</p><p><strong>按照反转逻辑的大框架来看,</strong></p><p>短期上涨势头最凶的,其实是港股曾经空头最聚集的部分,过去的一周,形成了对空头的挤压和踩踏。</p><p>因此,第一阶段的行情,就可以理解为是空头回补、跌深反弹。</p><p><strong>但张忆东表示,市场可能又进入到了短期的情绪化,</strong></p><p>现在可以泼点冷水,可能在未来一二周就出现一些震荡,这其实是个好事。</p><p>在反转逻辑的大框架下,我们要关注的是这轮行情它走多长,而不是要看短期有多高。</p><p>大家应该更加有耐心一些,从反转的逻辑看变化,从变化来看未来的投资主线。</p><p><strong>从中期的维度来说,大家要摒弃熊市思维,坚定多头思维,对行情的时间和空间不要设限。</strong></p><p><strong>以下整理提炼了张忆东交流的精彩内容:</strong></p><p style=\"text-align: left;\"><strong>中国股市行情</strong></p><p style=\"text-align: left;\"><strong>进入到一个反转逻辑</strong></p><p><strong>事实上,港股市场的转机并不是从近期开始的,而是从今年的二三月份。</strong></p><p>恒指跌破一万五以后,港股市场已经开始逐步破冰,有些转机。</p><p>我们在今年的三月份写了一篇报告,现在来看还是蛮有前瞻性的,当时提出来叫做港股的春天。</p><p>我们认为,2024年整个港股有希望从底部抬升,从过去五年的空头市场回到多头市场的格局。</p><p>当然,这个过程并不是大家想的那么顺畅,</p><p><strong>我们在7月31号写了一个报告,叫《流泪撒种,必欢呼收割》。</strong></p><p>我们当时说,7月底、8月初是流泪洒种的时候;反过来说,现在大家都是欢呼的时候了。</p><p><strong>往后面来看,我昨天(10月1日)发了一个报告,名字起的很鲜明,就是《继续做多中国股市:反转逻辑、三大主线》。</strong></p><p>所以,我跟大家汇报的一个重点是,</p><p>9月底之前,我们对港股的整体框架,一直是按照反弹的框架,对A股的思维也是一个反弹的框架;</p><p><strong>但是从9月24号之后,现在大家清晰地认知到,中国股市行情,它进入到一个反转逻辑,这是结论。</strong></p><p><strong>反转逻辑的原因在哪?</strong></p><p>原因就是,在7月底看多港股的时候,三个重要驱动力中的第三点——中国宏观政策的变化。</p><p>当时我们认为的是,(政策)会优化,但是当时对于宏观政策的判断或者说期盼,更多是托底,托住而已。</p><p>但是,9月24号之后,形势发生了巨大的变化。</p><p>正是因为政策导向所发生的方向性的转变,</p><p><strong>我们认为,中国股市,无论是A股还是港股,</strong></p><p><strong>在未来中期的维度来说,它的逻辑开始从反弹逻辑变为反转逻辑。</strong></p><p style=\"text-align: left;\"><strong>过去的一周形成了</strong></p><p style=\"text-align: left;\"><strong>空头的挤压和踩踏</strong></p><p><strong>反转逻辑的基石是在于,政策导向上的方向性的变化。</strong></p><p><strong>政策导向它的新变化,其实就是八个字——“抓住重点,主动作为”。</strong></p><p>在过去两年,全球有几大拥挤交易,分别是:</p><p>第一大拥挤交易,做多美股大盘科技股;</p><p>第二大拥挤交易,做空中国股票。</p><p>风水轮流转。</p><p>正是因为空头太拥挤了,以至于当反转的逻辑开始转向的时候、开始发挥作用的时候,</p><p>近期我们可以看到,空头出现squeeze,空头被踩踏。</p><p><strong>今年年初,港股的卖空占比,就是卖空金额比上全市场成交金额的比例,高达30%左右,那太极端了。</strong></p><p><strong>到今年7月底的时候,虽然经过了3–5月份那一次的反弹,但是六七月份市场又经历了调整,到了7月底的时候,卖空比例又反弹到大概23%左右。</strong></p><p><strong>所以,我们在7月31号的报告说,流泪撒种,必欢呼收割。</strong></p><p>因为那个时候,空头非常地强大。</p><p>也正是如此,过去的一周,反转性的力量,把空头挤得非常难受。</p><p>甚至有些不是裸空,而是市场中性,市场中性它是会多一些资产、同时空一些资产,它只要有空仓,过去的一周就形成了挤压和踩踏。</p><p>所以,截止到国庆前,9月30号,我们看到,整个的卖空比例已经快速地回到了10%以下,回到了一个历史的低位。</p><p style=\"text-align: left;\"><strong>关注这轮行情它走多长</strong></p><p style=\"text-align: left;\"><strong>而不是要看短期有多高</strong></p><p><strong>今天(10月2号),我们看到,港股继续气势如虹。</strong></p><p>在这个过程中间我们看到,跌深反弹非常清晰,</p><p>比如说一些地产股,特别是民营企业地产股,过去三年的重灾区,空头最凶猛的地方。</p><p>今天反弹最强劲的,就是空头赶紧回补。</p><p><strong>所以,截止到现在,其实依然可以理解为行情的第一阶段,就是空头回补、跌深反弹。</strong></p><p><strong>但我们认为,现在可以泼点冷水,</strong></p><p><strong>如果能够稳一点,甚至在未来一周左右出现一些震荡,其实是个好事。</strong></p><p>同样,现在我们认为,市场可能又进入到短期的情绪化。</p><p>情绪化就是说,遍地都是股神。</p><p>这个状态下,是好事又不是好事。</p><p>好事就是,能够有效地逆转熊市思维;</p><p>但不是好事是什么呢?</p><p>健康的市场,就像一个人一样,健康的人不是持续亢奋的,可持续的才是健康。</p><p>我们还是要关注这轮行情它走多长,而不是要看短期有多高。</p><p>走多长则是要关注它的背后,整个K线背后,究竟是反弹还是反转?</p><p>我们的结论刚才也说了,我们认为是一个反转的逻辑。</p><p>反转的逻辑,大家就应该更加有耐心一些,从反转的逻辑看变化,从变化来看未来的投资主线。</p><p>我们认为,这一次政策的变化,是一场持续的春风。</p><p>政策的变化,短期逆转了市场的熊市思维,</p><p>打破了外资机构,特别是一些欧美的外资,他们对中国经济政策,乃至于对中国前景的不正确理解,做了一个逆转。</p><p>但是回到中期,我们要更多地看到,政策组合拳它带来的是股市环境和中国经济环境的良性循环,它是一个持续的改善。</p><p><strong>我们有理由相信,经过从9月24号到可能10月中旬这样一个数周的逼空式反弹,围绕着中期反转的逻辑,</strong></p><p><strong>我们认为,行情将有希望进入到一个震荡但可持续的上升新阶段。</strong></p><p style=\"text-align: left;\"><strong>抓住重点,主动作为</strong></p><p style=\"text-align: left;\"><strong>资本市场政策红利大超预期</strong></p><p><strong>我们再回到政策,为什么说政策导向的方向性转变非常重要?</strong></p><p>因为方向性的转变,它代表着,向市场化的、改革开放的方向转变,尊重客观规律,正视困难并且解决困难。</p><p>9月24号可以说,吹响了政策红利的冲锋号。</p><p>9月26号,可以说最高管理层明确地向市场传递了政策的新导向。</p><p>如果用四个字讲就是,主动作为;</p><p>我们看到,之后,整个的政策组合拳,把提振资本市场、稳定房地产市场作为重点,而且是主动作为。</p><p>这样的话有助于提高经济政策的有效性,有利于坚定信心、扩大内需、提高效率,使得股市、楼市和经济呈现出一种良性循环。</p><p>这是一个大的阐述。</p><p><strong>我们再从三个维度来看政策导向的方向性意义的转变。</strong></p><p><strong>第一个维度就是,资本市场的政策红利大超预期。</strong></p><p>9月24号,央行创新的货币政策工具非常重要。</p><p>我认为这是一个历史性的突破。</p><p>这一次央行的措施,可以类比2023年3月美联储启动无上限QE,以及它对市场的主动作为、主动干预。</p><p>这一次央行创设的两大结构性的货币政策工具,一个是互换便利,一个是股票回购增持的专项再贷款,非常重要。</p><p>因为这两个政策凸显了,政策组合拳把股市作为重点,来积极作为、主动作为。</p><p>而且非常关键的意义在于,它创造性地打通了央行和资本市场的通道,使得央行助力资本市场变得异常顺畅,路修得非常平坦。</p><p>它就能够有效地支撑起中国资本市场的价值重估,不至于出现越跌越悲观,资本市场出现了失灵的状态,看到股息率这些正面的因素不做反应;</p><p>反过来说,通过互换便利,第一期是5000亿,未来可能有很多期,</p><p>使得证券、基金、保险这些非银机构,他们通过资产质押,从人民银行源源不断地获得流动性,但是它要求这个资金只能去投股票。</p><p>所以这对于资本市场是特别好的,真的是四两拨千斤,用活了资本市场牵一发而动全身的枢纽作用。</p><p>通过这种安排,它能够有效地提升中国的货币流通速度。</p><p>因为此前,我们一直在宽货币,但是没有办法变成宽信用,整个社融增速、货币流动速度都是比较低迷。</p><p>但是,这一招可以说是一举多得。</p><p>另外一个结构性工具就是创设股票回购增持的专项再贷款,第一期是3000亿,而且未来也可以有好多期。</p><p>这件事情也很重要,就是说央行用行动宣告了政策面鼓励上市公司的大股东,或者说重要的产业资本,积极去做回购,做增持,从而提高了股东回报。</p><p>它有助于引导包括产业资本在内的长线资金,持续成为一个增量资金来入市。</p><p>除了央行创设的两大结构性工具之外,</p><p>9月26号的会议进一步地强调了,要努力提振资本市场,努力提振,而且要大力引导中长期的资金入市打通,打通堵点。</p><p style=\"text-align: left;\"><strong>新的宏观政策思路</strong></p><p style=\"text-align: left;\"><strong>强调以需求侧为发力重点</strong></p><p><strong>政策导向的方向性转变的第二个方面,</strong></p><p><strong>新的宏观政策的思路,或者经济发展的新思路,强调以需求侧作为政策发力的重点。</strong></p><p>原有的经济发展有了一些结构性的问题。</p><p>结构性问题主要就体现在债务问题——房地产的债务以及地方债务问题。</p><p>如果只是针对他们进行了去杠杆、进行收缩,你发现说,大家都陷在困局里边了。</p><p>但是反过来说,如果我们在这边稳住债务问题的同时,我们发展新动能,寻找新的发力点,整个的局面就盘活了。</p><p>除了资本市场以外,除了股市以外,我们还要看到什么呢?</p><p><strong>就是这一次,决策层把稳定房地产市场,促进房地产市场止跌回稳当做一个工作的重点。</strong></p><p><strong>因为房地产是中国居民财富的最大的一项,</strong></p><p>房地产的企稳有利于整个内需消费,特别是这一次调整了住房的存量房贷利率,也调整了限购政策。</p><p>特别是降低存量房贷利率,根据测算,下降50个BP,将惠及5000多万户家庭,它平均每年帮助家庭的利息支出减少了1500亿。</p><p>所以这样的话,稳股市、稳楼市,甚至也有助于稳消费,</p><p>有效地斩断了过去几个季度居民资产负债表、地方政府资产负债表以及企业资产负债表的持续恶性循环的收缩。</p><p>甚至有可能,使得股市、楼市、消费,还有经济,形成一种良性的扩张,良性的循环。</p><p>这是政策方向性转变的第二个维度。</p><p style=\"text-align: left;\"><strong>逆周期调节</strong></p><p style=\"text-align: left;\"><strong>力度超预期</strong></p><p><strong>第三个维度,是政策力度,</strong></p><p><strong>“抓住重点,主动作为”这样一个政策新导向,它体现的宏观政策逆周期调节的力度是超预期的。</strong></p><p>这个超预期,刚好可以说恰逢时机,因为这个时候刚好是内外环境存在共振。</p><p>从外部环境来看,9月18号美联储开启了降息周期,人民币保持强势,这是一个很重要的外部环境。</p><p>美联储降息周期的启动,其实是这一轮中国政策组合拳的“布谷鸟”之声,给了我们后续政策放松一个更好的外部环境。</p><p><strong>四季度,流动性的货币政策空间已经打开了,</strong></p><p><strong>我们认为,四季度中国的流动性环境,有可能进一步宽松,这是值得期待的。</strong></p><p>因为四季度,美联储有可能还会有两到三次的降息,也给了中国政策空间一个友好的外部环境。</p><p>从财政政策的角度来说,我们认为还是有潜力可挖。</p><p>因为会议也强调,要更好地发挥政府投资带动的作用。</p><p>宽货币,它落地的效果需要宽财政的配合。</p><p>所以我们认为,后续的财政政策还是值得期待。</p><p>特别是围绕促消费和惠民生相结合,后续整个的政策发力点、重点也有新的变化,</p><p>从以前可能更多的是从供给端发力,现在开始转向需求端,特别是围绕着居民,终端需求端进行发力。</p><p><strong>这是一个转向,三个具体内涵。</strong></p><p><strong>这个转向就是整个政策导向方向性的转变,而这个方向性的转变,让我们认为,此轮的行情应该从一个反弹的逻辑走向一个反转的逻辑。</strong></p><p><strong>问答部分:</strong></p><p style=\"text-align: left;\"><strong>摒弃熊市思维</strong></p><p style=\"text-align: left;\"><strong>坚定多头思维</strong></p><p><strong>问:</strong>您认为市场进入了一个反转的行情,那么未来的空间怎么看?对于短期和中长期,您的预测是怎样的?</p><p><strong>张忆东:短期我刚才也说了,在未来一两周,</strong></p><p><strong>港股有可能快就在本周内,慢是在下周,A股在节后两周内也有可能出现一定程度的颠簸、震荡。</strong></p><p>因为我刚才讲,这种持续的亢奋、逼空式的行情,它的历史使命可能已经完成了。</p><p>这种逼空式的反弹的历史使命,就是彻底地扭转熊市思维,这就够了。</p><p>中外投资者,他们对于中国资本市场的预期,这种思维已经发生了180度的转弯。</p><p>往后面来看,比如说后续出现一些短期获利盘的回吐也非常正常,有震荡是更好的,千万不要搞一波流。</p><p>什么样的可能性是一波流呢?</p><p>除非中期的反转逻辑被证伪了,也就是大家发现说,政策又开始转向去杠杆、收缩,但这不可能,美联储都在放松,全球央行都在放松。</p><p><strong>整个政策好不容易转过来,不可能很快就再摆回去的。</strong></p><p><strong>所以,从中期的维度来说,大家要摒弃熊市思维,坚定多头思维。</strong></p><p>10月中下旬,完全有可能出现更多的震荡,</p><p>而这个震荡它是一个良性的、是大浪淘沙,这个震荡是为了寻找更具有可持续性、更具有反转性的主线机会。</p><p><strong>对于中期行情的空间和时间不要设限;</strong></p><p>很多人说什么A股3500,4000,5000,6000,(我认为)不要设限。</p><p>趋势和逻辑比这种有零有整地算点位重要得多。</p><p><strong>同样,从持续时间上来看,我们认为,这个行情的时间是刚刚开始,我们现在也不要设限。</strong></p><p>究竟是涨一个月、两个月,还是说一个季度、两个季度,一年、两年,这也不要设限。</p><p>当反转的逻辑依然持续的时候,那么你就应该保持一个多头思维。</p><p>保持多头思维,并且要拿得住。</p><p>因为在牛市中,往往投资者容易亏钱。</p><p>熊市赚的钱,在牛市中全都亏掉,为什么要老是折腾?</p><p>现在反而应该不动如山;</p><p>但是不动如山,你一定要注意,不动如山有个前提。</p><p>就是守在那些最优秀的公司、最好的股票上面,不动如山,不要去跟着别人瞎炒。</p><p>行情的初期,垃圾可能飞得更高,但是一旦风小的时候,它会跌得哪来的,回哪去。</p><p style=\"text-align: left;\"><strong>一个变化,</strong></p><p style=\"text-align: left;\"><strong>两个方向,三个主线</strong></p><p><strong>问:</strong>您说三大主线,做多中国,您觉得有什么板块和行业是最为看好的吗? </p><p><strong>张忆东:围绕着刚才讲的主线逻辑,我们讲,一个变化,两个方向,三个主线。</strong></p><p>一个变化,就是整个政策导向上面的方向性变化。</p><p>两个方向,第一个方向,注重股东回报的方向,特别是回购注销;</p><p>第二个方向是并购重组;</p><p>你能够从这两个维度里找到好股票,找到好公司。</p><p><strong>展开来看,哪三个主线?</strong></p><p><strong>内需牛、出海牛和科技牛。</strong></p><p>内需牛,特别是注重股东回报的公司,</p><p>因为内需里面的东西,无论是互联网、生物医药、教育、新兴服务业,包括传统的消费,乃至于还活下来的优秀的地产和物管这些泛消费的龙头,</p><p>未来一旦基本面稳住了,它有较强的持续进行回购注销的动能。</p><p>所以后续,内需牛要多关注增持和回购注销的机会。</p><p><strong>第二个方面是,继续看好出海牛,或者结构性的出海牛。</strong></p><p>这里面后续关注的是电动车、电力设备、家电、互联网、消费电子,也包括一些新兴服务业的出海。</p><p>它受益于美国的降息周期,这些领域可能既有回购注销、增持,同时也有可能出现并购重组。</p><p><strong>第三个主线,就是科技牛。</strong></p><p>这里面包括国防军工、计算机、AI,包括新能源车、生物医药Biotech,也包括先进制造业,这些为代表的新质生产力。</p><p>这一块A股是主战场。</p><p>刚才讲内需牛,其实A股、港股都有各自的特色,比如说港股就是互联网,A股就是消费。</p><p>但是在科技牛里边,我们还是觉得A股新质生产力的可选择面更广一些。</p><p>科技牛里面,特别要关注并购重组所带来的机会。</p><p><strong>所以总体来说,我们要从短期市场情绪性的亢奋慢慢地沉淀;</strong></p><p><strong>现在这个时候,不是看着人家赚钱了就去盲目追高,而是要立足于中期反转的逻辑,去找到那些好资产。</strong></p></body></html>","source":"lsy1636684733313","collect":0,"html":"<!DOCTYPE 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{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坚定多头思维!张忆东最新分享:行情才刚刚开始,对时间和空间不要设限\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-05 09:10 北京时间 <a href=https://mp.weixin.qq.com/s/tSo8KjraBrTmrUE3NcEXIg><strong>六里投资报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>国庆假期期间,A股虽暂时休市,港股却是风起云涌,一度出现10月2日恒生指数单日暴涨6.2%的疯狂。兴业证券全球首席策略分析师、兴证国际首席经济学家张忆东,在国庆假期期间,以“继续做多中国股市:反转逻辑、三大主线”为题,发表了最新的策略报告,同时也在线分享了自己对市场的最新观点。张忆东表示,在9月24号之后,大家应该清晰地认知到,中国股市行情,它进入到了一个反转逻辑。反转逻辑的原因就在于,中国...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/tSo8KjraBrTmrUE3NcEXIg\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2a3253accc7322a3db322a8557ee9834","relate_stocks":{"399001":"深证成指","399006":"创业板指","HSTECH":"恒生科技指数","000001.SH":"上证指数","HSI":"恒生指数"},"source_url":"https://mp.weixin.qq.com/s/tSo8KjraBrTmrUE3NcEXIg","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143605875","content_text":"国庆假期期间,A股虽暂时休市,港股却是风起云涌,一度出现10月2日恒生指数单日暴涨6.2%的疯狂。兴业证券全球首席策略分析师、兴证国际首席经济学家张忆东,在国庆假期期间,以“继续做多中国股市:反转逻辑、三大主线”为题,发表了最新的策略报告,同时也在线分享了自己对市场的最新观点。张忆东表示,在9月24号之后,大家应该清晰地认知到,中国股市行情,它进入到了一个反转逻辑。反转逻辑的原因就在于,中国宏观政策的导向,出现了方向性的转换。按照反转逻辑的大框架来看,短期上涨势头最凶的,其实是港股曾经空头最聚集的部分,过去的一周,形成了对空头的挤压和踩踏。因此,第一阶段的行情,就可以理解为是空头回补、跌深反弹。但张忆东表示,市场可能又进入到了短期的情绪化,现在可以泼点冷水,可能在未来一二周就出现一些震荡,这其实是个好事。在反转逻辑的大框架下,我们要关注的是这轮行情它走多长,而不是要看短期有多高。大家应该更加有耐心一些,从反转的逻辑看变化,从变化来看未来的投资主线。从中期的维度来说,大家要摒弃熊市思维,坚定多头思维,对行情的时间和空间不要设限。以下整理提炼了张忆东交流的精彩内容:中国股市行情进入到一个反转逻辑事实上,港股市场的转机并不是从近期开始的,而是从今年的二三月份。恒指跌破一万五以后,港股市场已经开始逐步破冰,有些转机。我们在今年的三月份写了一篇报告,现在来看还是蛮有前瞻性的,当时提出来叫做港股的春天。我们认为,2024年整个港股有希望从底部抬升,从过去五年的空头市场回到多头市场的格局。当然,这个过程并不是大家想的那么顺畅,我们在7月31号写了一个报告,叫《流泪撒种,必欢呼收割》。我们当时说,7月底、8月初是流泪洒种的时候;反过来说,现在大家都是欢呼的时候了。往后面来看,我昨天(10月1日)发了一个报告,名字起的很鲜明,就是《继续做多中国股市:反转逻辑、三大主线》。所以,我跟大家汇报的一个重点是,9月底之前,我们对港股的整体框架,一直是按照反弹的框架,对A股的思维也是一个反弹的框架;但是从9月24号之后,现在大家清晰地认知到,中国股市行情,它进入到一个反转逻辑,这是结论。反转逻辑的原因在哪?原因就是,在7月底看多港股的时候,三个重要驱动力中的第三点——中国宏观政策的变化。当时我们认为的是,(政策)会优化,但是当时对于宏观政策的判断或者说期盼,更多是托底,托住而已。但是,9月24号之后,形势发生了巨大的变化。正是因为政策导向所发生的方向性的转变,我们认为,中国股市,无论是A股还是港股,在未来中期的维度来说,它的逻辑开始从反弹逻辑变为反转逻辑。过去的一周形成了空头的挤压和踩踏反转逻辑的基石是在于,政策导向上的方向性的变化。政策导向它的新变化,其实就是八个字——“抓住重点,主动作为”。在过去两年,全球有几大拥挤交易,分别是:第一大拥挤交易,做多美股大盘科技股;第二大拥挤交易,做空中国股票。风水轮流转。正是因为空头太拥挤了,以至于当反转的逻辑开始转向的时候、开始发挥作用的时候,近期我们可以看到,空头出现squeeze,空头被踩踏。今年年初,港股的卖空占比,就是卖空金额比上全市场成交金额的比例,高达30%左右,那太极端了。到今年7月底的时候,虽然经过了3–5月份那一次的反弹,但是六七月份市场又经历了调整,到了7月底的时候,卖空比例又反弹到大概23%左右。所以,我们在7月31号的报告说,流泪撒种,必欢呼收割。因为那个时候,空头非常地强大。也正是如此,过去的一周,反转性的力量,把空头挤得非常难受。甚至有些不是裸空,而是市场中性,市场中性它是会多一些资产、同时空一些资产,它只要有空仓,过去的一周就形成了挤压和踩踏。所以,截止到国庆前,9月30号,我们看到,整个的卖空比例已经快速地回到了10%以下,回到了一个历史的低位。关注这轮行情它走多长而不是要看短期有多高今天(10月2号),我们看到,港股继续气势如虹。在这个过程中间我们看到,跌深反弹非常清晰,比如说一些地产股,特别是民营企业地产股,过去三年的重灾区,空头最凶猛的地方。今天反弹最强劲的,就是空头赶紧回补。所以,截止到现在,其实依然可以理解为行情的第一阶段,就是空头回补、跌深反弹。但我们认为,现在可以泼点冷水,如果能够稳一点,甚至在未来一周左右出现一些震荡,其实是个好事。同样,现在我们认为,市场可能又进入到短期的情绪化。情绪化就是说,遍地都是股神。这个状态下,是好事又不是好事。好事就是,能够有效地逆转熊市思维;但不是好事是什么呢?健康的市场,就像一个人一样,健康的人不是持续亢奋的,可持续的才是健康。我们还是要关注这轮行情它走多长,而不是要看短期有多高。走多长则是要关注它的背后,整个K线背后,究竟是反弹还是反转?我们的结论刚才也说了,我们认为是一个反转的逻辑。反转的逻辑,大家就应该更加有耐心一些,从反转的逻辑看变化,从变化来看未来的投资主线。我们认为,这一次政策的变化,是一场持续的春风。政策的变化,短期逆转了市场的熊市思维,打破了外资机构,特别是一些欧美的外资,他们对中国经济政策,乃至于对中国前景的不正确理解,做了一个逆转。但是回到中期,我们要更多地看到,政策组合拳它带来的是股市环境和中国经济环境的良性循环,它是一个持续的改善。我们有理由相信,经过从9月24号到可能10月中旬这样一个数周的逼空式反弹,围绕着中期反转的逻辑,我们认为,行情将有希望进入到一个震荡但可持续的上升新阶段。抓住重点,主动作为资本市场政策红利大超预期我们再回到政策,为什么说政策导向的方向性转变非常重要?因为方向性的转变,它代表着,向市场化的、改革开放的方向转变,尊重客观规律,正视困难并且解决困难。9月24号可以说,吹响了政策红利的冲锋号。9月26号,可以说最高管理层明确地向市场传递了政策的新导向。如果用四个字讲就是,主动作为;我们看到,之后,整个的政策组合拳,把提振资本市场、稳定房地产市场作为重点,而且是主动作为。这样的话有助于提高经济政策的有效性,有利于坚定信心、扩大内需、提高效率,使得股市、楼市和经济呈现出一种良性循环。这是一个大的阐述。我们再从三个维度来看政策导向的方向性意义的转变。第一个维度就是,资本市场的政策红利大超预期。9月24号,央行创新的货币政策工具非常重要。我认为这是一个历史性的突破。这一次央行的措施,可以类比2023年3月美联储启动无上限QE,以及它对市场的主动作为、主动干预。这一次央行创设的两大结构性的货币政策工具,一个是互换便利,一个是股票回购增持的专项再贷款,非常重要。因为这两个政策凸显了,政策组合拳把股市作为重点,来积极作为、主动作为。而且非常关键的意义在于,它创造性地打通了央行和资本市场的通道,使得央行助力资本市场变得异常顺畅,路修得非常平坦。它就能够有效地支撑起中国资本市场的价值重估,不至于出现越跌越悲观,资本市场出现了失灵的状态,看到股息率这些正面的因素不做反应;反过来说,通过互换便利,第一期是5000亿,未来可能有很多期,使得证券、基金、保险这些非银机构,他们通过资产质押,从人民银行源源不断地获得流动性,但是它要求这个资金只能去投股票。所以这对于资本市场是特别好的,真的是四两拨千斤,用活了资本市场牵一发而动全身的枢纽作用。通过这种安排,它能够有效地提升中国的货币流通速度。因为此前,我们一直在宽货币,但是没有办法变成宽信用,整个社融增速、货币流动速度都是比较低迷。但是,这一招可以说是一举多得。另外一个结构性工具就是创设股票回购增持的专项再贷款,第一期是3000亿,而且未来也可以有好多期。这件事情也很重要,就是说央行用行动宣告了政策面鼓励上市公司的大股东,或者说重要的产业资本,积极去做回购,做增持,从而提高了股东回报。它有助于引导包括产业资本在内的长线资金,持续成为一个增量资金来入市。除了央行创设的两大结构性工具之外,9月26号的会议进一步地强调了,要努力提振资本市场,努力提振,而且要大力引导中长期的资金入市打通,打通堵点。新的宏观政策思路强调以需求侧为发力重点政策导向的方向性转变的第二个方面,新的宏观政策的思路,或者经济发展的新思路,强调以需求侧作为政策发力的重点。原有的经济发展有了一些结构性的问题。结构性问题主要就体现在债务问题——房地产的债务以及地方债务问题。如果只是针对他们进行了去杠杆、进行收缩,你发现说,大家都陷在困局里边了。但是反过来说,如果我们在这边稳住债务问题的同时,我们发展新动能,寻找新的发力点,整个的局面就盘活了。除了资本市场以外,除了股市以外,我们还要看到什么呢?就是这一次,决策层把稳定房地产市场,促进房地产市场止跌回稳当做一个工作的重点。因为房地产是中国居民财富的最大的一项,房地产的企稳有利于整个内需消费,特别是这一次调整了住房的存量房贷利率,也调整了限购政策。特别是降低存量房贷利率,根据测算,下降50个BP,将惠及5000多万户家庭,它平均每年帮助家庭的利息支出减少了1500亿。所以这样的话,稳股市、稳楼市,甚至也有助于稳消费,有效地斩断了过去几个季度居民资产负债表、地方政府资产负债表以及企业资产负债表的持续恶性循环的收缩。甚至有可能,使得股市、楼市、消费,还有经济,形成一种良性的扩张,良性的循环。这是政策方向性转变的第二个维度。逆周期调节力度超预期第三个维度,是政策力度,“抓住重点,主动作为”这样一个政策新导向,它体现的宏观政策逆周期调节的力度是超预期的。这个超预期,刚好可以说恰逢时机,因为这个时候刚好是内外环境存在共振。从外部环境来看,9月18号美联储开启了降息周期,人民币保持强势,这是一个很重要的外部环境。美联储降息周期的启动,其实是这一轮中国政策组合拳的“布谷鸟”之声,给了我们后续政策放松一个更好的外部环境。四季度,流动性的货币政策空间已经打开了,我们认为,四季度中国的流动性环境,有可能进一步宽松,这是值得期待的。因为四季度,美联储有可能还会有两到三次的降息,也给了中国政策空间一个友好的外部环境。从财政政策的角度来说,我们认为还是有潜力可挖。因为会议也强调,要更好地发挥政府投资带动的作用。宽货币,它落地的效果需要宽财政的配合。所以我们认为,后续的财政政策还是值得期待。特别是围绕促消费和惠民生相结合,后续整个的政策发力点、重点也有新的变化,从以前可能更多的是从供给端发力,现在开始转向需求端,特别是围绕着居民,终端需求端进行发力。这是一个转向,三个具体内涵。这个转向就是整个政策导向方向性的转变,而这个方向性的转变,让我们认为,此轮的行情应该从一个反弹的逻辑走向一个反转的逻辑。问答部分:摒弃熊市思维坚定多头思维问:您认为市场进入了一个反转的行情,那么未来的空间怎么看?对于短期和中长期,您的预测是怎样的?张忆东:短期我刚才也说了,在未来一两周,港股有可能快就在本周内,慢是在下周,A股在节后两周内也有可能出现一定程度的颠簸、震荡。因为我刚才讲,这种持续的亢奋、逼空式的行情,它的历史使命可能已经完成了。这种逼空式的反弹的历史使命,就是彻底地扭转熊市思维,这就够了。中外投资者,他们对于中国资本市场的预期,这种思维已经发生了180度的转弯。往后面来看,比如说后续出现一些短期获利盘的回吐也非常正常,有震荡是更好的,千万不要搞一波流。什么样的可能性是一波流呢?除非中期的反转逻辑被证伪了,也就是大家发现说,政策又开始转向去杠杆、收缩,但这不可能,美联储都在放松,全球央行都在放松。整个政策好不容易转过来,不可能很快就再摆回去的。所以,从中期的维度来说,大家要摒弃熊市思维,坚定多头思维。10月中下旬,完全有可能出现更多的震荡,而这个震荡它是一个良性的、是大浪淘沙,这个震荡是为了寻找更具有可持续性、更具有反转性的主线机会。对于中期行情的空间和时间不要设限;很多人说什么A股3500,4000,5000,6000,(我认为)不要设限。趋势和逻辑比这种有零有整地算点位重要得多。同样,从持续时间上来看,我们认为,这个行情的时间是刚刚开始,我们现在也不要设限。究竟是涨一个月、两个月,还是说一个季度、两个季度,一年、两年,这也不要设限。当反转的逻辑依然持续的时候,那么你就应该保持一个多头思维。保持多头思维,并且要拿得住。因为在牛市中,往往投资者容易亏钱。熊市赚的钱,在牛市中全都亏掉,为什么要老是折腾?现在反而应该不动如山;但是不动如山,你一定要注意,不动如山有个前提。就是守在那些最优秀的公司、最好的股票上面,不动如山,不要去跟着别人瞎炒。行情的初期,垃圾可能飞得更高,但是一旦风小的时候,它会跌得哪来的,回哪去。一个变化,两个方向,三个主线问:您说三大主线,做多中国,您觉得有什么板块和行业是最为看好的吗? 张忆东:围绕着刚才讲的主线逻辑,我们讲,一个变化,两个方向,三个主线。一个变化,就是整个政策导向上面的方向性变化。两个方向,第一个方向,注重股东回报的方向,特别是回购注销;第二个方向是并购重组;你能够从这两个维度里找到好股票,找到好公司。展开来看,哪三个主线?内需牛、出海牛和科技牛。内需牛,特别是注重股东回报的公司,因为内需里面的东西,无论是互联网、生物医药、教育、新兴服务业,包括传统的消费,乃至于还活下来的优秀的地产和物管这些泛消费的龙头,未来一旦基本面稳住了,它有较强的持续进行回购注销的动能。所以后续,内需牛要多关注增持和回购注销的机会。第二个方面是,继续看好出海牛,或者结构性的出海牛。这里面后续关注的是电动车、电力设备、家电、互联网、消费电子,也包括一些新兴服务业的出海。它受益于美国的降息周期,这些领域可能既有回购注销、增持,同时也有可能出现并购重组。第三个主线,就是科技牛。这里面包括国防军工、计算机、AI,包括新能源车、生物医药Biotech,也包括先进制造业,这些为代表的新质生产力。这一块A股是主战场。刚才讲内需牛,其实A股、港股都有各自的特色,比如说港股就是互联网,A股就是消费。但是在科技牛里边,我们还是觉得A股新质生产力的可选择面更广一些。科技牛里面,特别要关注并购重组所带来的机会。所以总体来说,我们要从短期市场情绪性的亢奋慢慢地沉淀;现在这个时候,不是看着人家赚钱了就去盲目追高,而是要立足于中期反转的逻辑,去找到那些好资产。","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":354032160637232,"gmtCreate":1727450898784,"gmtModify":1727450900144,"author":{"id":"3495708665602292","authorId":"3495708665602292","name":"散静","avatar":"https://static.tigerbbs.com/59db6d31c51fa552a0765b3e7ec8136a","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495708665602292","idStr":"3495708665602292"},"themes":[],"htmlText":"<a 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一季度财报一出来,就会大涨一波。吃肉要有耐心","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/304393369903104","isVote":1,"tweetType":1,"viewCount":2425,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3496878752673515","authorId":"3496878752673515","name":"112222春天","avatar":"https://static.tigerbbs.com/56a84b430a4e361e1734d12cd1072a7e","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3496878752673515","idStr":"3496878752673515"},"content":"我都拿它快3年了,逢低补仓,陪它10年,倔强到底","text":"我都拿它快3年了,逢低补仓,陪它10年,倔强到底","html":"我都拿它快3年了,逢低补仓,陪它10年,倔强到底"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":294504727781536,"gmtCreate":1712913655900,"gmtModify":1712913657539,"author":{"id":"3495708665602292","authorId":"3495708665602292","name":"散静","avatar":"https://static.tigerbbs.com/59db6d31c51fa552a0765b3e7ec8136a","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495708665602292","idStr":"3495708665602292"},"themes":[],"htmlText":"<a 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09:27","market":"fut","language":"zh","title":"华宏科技(002645)7月28日主力资金净卖出1125.11万元","url":"https://stock-news.laohu8.com/highlight/detail?id=2355620059","media":"证券之星","summary":"截至2023年7月28日收盘,华宏科技报收于10.6元,下跌2.3%,换手率1.6%,成交量7.99万手,成交额8494.79万元。近5日资金流向一览见下表:华宏科技融资融券信息显示,融资方面,当日融资买入671.87万元,融资偿还609.07万元,融资净买入62.8万元。华宏科技主营业务:再生资源加工设备的研发、生产和销售。。根据近五年财报数据,证券之星估值分析工具显示,华宏科技行业内竞争力的护城河一般,盈利能力一般,营收成长性良好。","content":"<html><body><p>截至2023年7月28日收盘,<a href=\"https://laohu8.com/S/002645\">华宏科技</a>(002645)报收于10.6元,下跌2.3%,换手率1.6%,成交量7.99万手,成交额8494.79万元。</p><p>7月28日的资金流向数据方面,主力资金净流出1125.11万元,占总成交额13.24%,游资资金净流出861.08万元,占总成交额10.14%,散户资金净流入1986.19万元,占总成交额23.38%。</p><p>近5日资金流向一览见下表:</p><p><img src=\"http://static.stockstar.com/cmsrobo/stk_zjlx_5d_sz002645_1690766821.html.jpg\" title=\"\"/></p><p>华宏科技融资融券信息显示,融资方面,当日融资买入671.87万元,融资偿还609.07万元,融资净买入62.8万元。融券方面,融券卖出300.0股,融券偿还3900.0股,融券余量16.61万股,融券余额176.06万元。融资融券余额1.75亿元。近5日融资融券数据一览见下表:</p><p><img src=\"http://static.stockstar.com/cmsrobo/stk_rzrq_5d_sz002645_1690766826.jpg\" title=\"\"/></p><p>该股主要指标及行业内排名如下:</p><p><img src=\"http://static.stockstar.com/cmsrobo/20230731/stkidx_table_pic_sz002645_1690766829_2.jpg\" title=\"\"/></p><p>华宏科技2023一季报显示,公司主营收入17.64亿元,同比下降24.95%;归母净利润-5908.86万元,同比下降123.25%;扣非净利润-7726.75万元,同比下降131.81%;负债率39.76%,投资收益36.1万元,财务费用1694.07万元,毛利率8.02%。华宏科技(002645)主营业务:再生资源加工设备的研发、生产和销售。。 </p><p>该股最近90天内共有2家机构给出评级,买入评级2家。根据近五年财报数据,证券之星估值分析工具显示,华宏科技(002645)行业内竞争力的护城河一般,盈利能力一般,营收成长性良好。财务可能有隐忧,须重点关注的财务指标包括:应收账款/利润率、经营现金流/利润率。该股好公司指标2星,好价格指标3.5星,综合指标2.5星。(指标仅供参考,指标范围:0 ~ 5星,最高5星)</p><p>资金流向名词解释:指通过价格变化反推资金流向。股价处于上升状态时主动性买单形成的成交额是推动股价上涨的力量,这部分成交额被定义为资金流入,股价处于下跌状态时主动性卖单产生的的成交额是推动股价下跌的力量,这部分成交额被定义为资金流出。当天两者的差额即是当天两种力量相抵之后剩下的推动股价上升的净力。通过逐笔交易单成交金额计算主力资金流向、游资资金流向和散户资金流向。</p><p>注:主力资金为特大单成交,游资为大单成交,散户为中小单成交</p><p>以上内容由证券之星根据公开信息整理,由算法生成,与本站立场无关。证券之星力求但不保证该信息(包括但不限于文字、视频、音频、数据及图表)全部或者部分内容的的准确性、完整性、有效性、及时性等,如存在问题请联系我们。本文为数据整理,不对您构成任何投资建议,投资有风险,请谨慎决策。</p></body></html>","source":"stockstar","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>华宏科技(002645)7月28日主力资金净卖出1125.11万元</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n华宏科技(002645)7月28日主力资金净卖出1125.11万元\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1082532455\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/2e305640fc27210243042d09d3a7fa3f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">证券之星 </p>\n<p class=\"h-time\">2023-07-31 09:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>截至2023年7月28日收盘,<a href=\"https://laohu8.com/S/002645\">华宏科技</a>(002645)报收于10.6元,下跌2.3%,换手率1.6%,成交量7.99万手,成交额8494.79万元。</p><p>7月28日的资金流向数据方面,主力资金净流出1125.11万元,占总成交额13.24%,游资资金净流出861.08万元,占总成交额10.14%,散户资金净流入1986.19万元,占总成交额23.38%。</p><p>近5日资金流向一览见下表:</p><p><img src=\"http://static.stockstar.com/cmsrobo/stk_zjlx_5d_sz002645_1690766821.html.jpg\" title=\"\"/></p><p>华宏科技融资融券信息显示,融资方面,当日融资买入671.87万元,融资偿还609.07万元,融资净买入62.8万元。融券方面,融券卖出300.0股,融券偿还3900.0股,融券余量16.61万股,融券余额176.06万元。融资融券余额1.75亿元。近5日融资融券数据一览见下表:</p><p><img src=\"http://static.stockstar.com/cmsrobo/stk_rzrq_5d_sz002645_1690766826.jpg\" title=\"\"/></p><p>该股主要指标及行业内排名如下:</p><p><img src=\"http://static.stockstar.com/cmsrobo/20230731/stkidx_table_pic_sz002645_1690766829_2.jpg\" title=\"\"/></p><p>华宏科技2023一季报显示,公司主营收入17.64亿元,同比下降24.95%;归母净利润-5908.86万元,同比下降123.25%;扣非净利润-7726.75万元,同比下降131.81%;负债率39.76%,投资收益36.1万元,财务费用1694.07万元,毛利率8.02%。华宏科技(002645)主营业务:再生资源加工设备的研发、生产和销售。。 </p><p>该股最近90天内共有2家机构给出评级,买入评级2家。根据近五年财报数据,证券之星估值分析工具显示,华宏科技(002645)行业内竞争力的护城河一般,盈利能力一般,营收成长性良好。财务可能有隐忧,须重点关注的财务指标包括:应收账款/利润率、经营现金流/利润率。该股好公司指标2星,好价格指标3.5星,综合指标2.5星。(指标仅供参考,指标范围:0 ~ 5星,最高5星)</p><p>资金流向名词解释:指通过价格变化反推资金流向。股价处于上升状态时主动性买单形成的成交额是推动股价上涨的力量,这部分成交额被定义为资金流入,股价处于下跌状态时主动性卖单产生的的成交额是推动股价下跌的力量,这部分成交额被定义为资金流出。当天两者的差额即是当天两种力量相抵之后剩下的推动股价上升的净力。通过逐笔交易单成交金额计算主力资金流向、游资资金流向和散户资金流向。</p><p>注:主力资金为特大单成交,游资为大单成交,散户为中小单成交</p><p>以上内容由证券之星根据公开信息整理,由算法生成,与本站立场无关。证券之星力求但不保证该信息(包括但不限于文字、视频、音频、数据及图表)全部或者部分内容的的准确性、完整性、有效性、及时性等,如存在问题请联系我们。本文为数据整理,不对您构成任何投资建议,投资有风险,请谨慎决策。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://stock.stockstar.com/RB2023073100001183.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2355620059","content_text":"截至2023年7月28日收盘,华宏科技(002645)报收于10.6元,下跌2.3%,换手率1.6%,成交量7.99万手,成交额8494.79万元。7月28日的资金流向数据方面,主力资金净流出1125.11万元,占总成交额13.24%,游资资金净流出861.08万元,占总成交额10.14%,散户资金净流入1986.19万元,占总成交额23.38%。近5日资金流向一览见下表:华宏科技融资融券信息显示,融资方面,当日融资买入671.87万元,融资偿还609.07万元,融资净买入62.8万元。融券方面,融券卖出300.0股,融券偿还3900.0股,融券余量16.61万股,融券余额176.06万元。融资融券余额1.75亿元。近5日融资融券数据一览见下表:该股主要指标及行业内排名如下:华宏科技2023一季报显示,公司主营收入17.64亿元,同比下降24.95%;归母净利润-5908.86万元,同比下降123.25%;扣非净利润-7726.75万元,同比下降131.81%;负债率39.76%,投资收益36.1万元,财务费用1694.07万元,毛利率8.02%。华宏科技(002645)主营业务:再生资源加工设备的研发、生产和销售。。 该股最近90天内共有2家机构给出评级,买入评级2家。根据近五年财报数据,证券之星估值分析工具显示,华宏科技(002645)行业内竞争力的护城河一般,盈利能力一般,营收成长性良好。财务可能有隐忧,须重点关注的财务指标包括:应收账款/利润率、经营现金流/利润率。该股好公司指标2星,好价格指标3.5星,综合指标2.5星。(指标仅供参考,指标范围:0 ~ 5星,最高5星)资金流向名词解释:指通过价格变化反推资金流向。股价处于上升状态时主动性买单形成的成交额是推动股价上涨的力量,这部分成交额被定义为资金流入,股价处于下跌状态时主动性卖单产生的的成交额是推动股价下跌的力量,这部分成交额被定义为资金流出。当天两者的差额即是当天两种力量相抵之后剩下的推动股价上升的净力。通过逐笔交易单成交金额计算主力资金流向、游资资金流向和散户资金流向。注:主力资金为特大单成交,游资为大单成交,散户为中小单成交以上内容由证券之星根据公开信息整理,由算法生成,与本站立场无关。证券之星力求但不保证该信息(包括但不限于文字、视频、音频、数据及图表)全部或者部分内容的的准确性、完整性、有效性、及时性等,如存在问题请联系我们。本文为数据整理,不对您构成任何投资建议,投资有风险,请谨慎决策。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":651431557,"gmtCreate":1682000005579,"gmtModify":1682000006671,"author":{"id":"3495708665602292","authorId":"3495708665602292","name":"散静","avatar":"https://static.tigerbbs.com/59db6d31c51fa552a0765b3e7ec8136a","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495708665602292","idStr":"3495708665602292"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDIY\">$DiDi Global Inc.(DIDIY)$ </a>吃错药了?","listText":"<a href=\"https://laohu8.com/S/DIDIY\">$DiDi Global Inc.(DIDIY)$ </a>吃错药了?","text":"$DiDi Global Inc.(DIDIY)$ 吃错药了?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/651431557","isVote":1,"tweetType":1,"viewCount":1120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":650638244,"gmtCreate":1679104870788,"gmtModify":1679104872089,"author":{"id":"3495708665602292","authorId":"3495708665602292","name":"散静","avatar":"https://static.tigerbbs.com/59db6d31c51fa552a0765b3e7ec8136a","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495708665602292","idStr":"3495708665602292"},"themes":[],"htmlText":"不错","listText":"不错","text":"不错","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/650638244","repostId":"2319863238","repostType":2,"repost":{"id":"2319863238","kind":"news","pubTimestamp":1678848983,"share":"https://www.laohu8.com/m/news/2319863238?lang=&edition=full","pubTime":"2023-03-15 10:56","market":"us","language":"zh","title":"需求“错位”降糖药司美格鲁肽在欧供不应求 本土药企抢滩百亿元级市场","url":"https://stock-news.laohu8.com/highlight/detail?id=2319863238","media":"证券日报","summary":"需求“错位”降糖药变减肥药诺和泰为总部位于丹麦的跨国药企诺和诺德原研的注射处方药。本土药企抢滩百亿元级市场在国内,诺和诺德原研的两款GLP-1受体激动剂司美格鲁肽注射液和利拉鲁肽注射液已获批上市,适应症为糖尿病,并无治疗肥胖症的适应症获批。截至目前,尚未有国产利拉鲁肽相关药物获批上市。而司美格鲁肽注射液的专利正常于2026年失效,但因此前国家知识产权局判定该专利无效,诺和诺德就此提起上诉,故该药专利仍悬而未决。","content":"<html><body><article><p>本报记者 张敏 见习记者 熊悦</p><p>当地时间周一(3月13日),欧洲药品管理局(EMA)发布官方声明表示,<a href=\"https://laohu8.com/S/NVO\">诺和诺德</a>(NovoNordisk)生产的糖尿病药物诺和泰(Ozempic)将面临较长时间的短缺,预计这种短缺将持续整个2023年。</p><p>EMA补充称,虽然这一药品的供应仍将继续增加,但不确定何时才能到满足市场需求的地步。并且,诺和泰还被视为减肥药物Wegovy的替代品,糖尿病患者的用药短缺因此加剧。所以,该机构要求医生优先为糖尿病患者注射诺和泰,而不是将其作为减肥药物出售。</p><p><strong>需求“错位”降糖药变减肥药</strong></p><p>诺和泰为总部位于丹麦的跨国药企诺和诺德原研的注射处方药。官方用药说明书显示,诺和泰用于改善成人2型糖尿病患者的血糖,降低已知有心脏病的2型糖尿病成人患者发生主要心血管事件的风险。目前这款药物有0.5mg、1mg、2mg三种规格,患者每周注射一次,单次用量逐步递增。</p><p>据悉,这款药与诺和诺德旗下的一款减肥药物Wegovy属于剂量不同的同一种药物——司美格鲁肽。司美格鲁肽注射液为GLP-1(胰高血糖素样肽-1)类代表药物。而GLP-1类药物是近年来各大药企开发糖尿病用药的明星靶点,其可以通过增加胰岛素分泌、抑制胰高血糖素释放来降低血糖浓度,被外界认为有望取代胰岛素,成为2型糖尿病患者的一线治疗药物。</p><p>Wegovy于2021年6月获美国食品药品管理局批准用于治疗肥胖症,主要在美国销售。在“网红”人物埃隆·马斯克及一些好莱坞演员的“带货”刺激下,这款药物在美国供应偏紧。在这种情况下,诺和泰被视为Wegovy的替代品,市场需求由此大增,并且相关糖尿病患者的用药短缺也因此加剧。</p><p>EMA表示,“对Ozempic的需求增加导致了短缺,预计这种短缺将持续到2023年。”“Ozempic只适用于治疗控制不足的成人2型糖尿病。”任何其他用途都可能危及这些患者的健康。</p><p>尽管这款药物仍处于供不应求的状态,但原研药企诺和诺德已经从中尝到了甜头。公司2022年财报显示,司美格鲁肽产品的总销售额达109亿美元,同比大增78%,其中降糖药皮下注射剂Ozempic销售额约为84.65亿美元,口服制剂Rybelsus(索马鲁肽)销售额约为16亿美元;减肥药Wegovy销售额约为8.77亿美元。</p><p><strong>本土药企抢滩百亿元级市场</strong></p><p>在国内,诺和诺德原研的两款GLP-1受体激动剂司美格鲁肽注射液和利拉鲁肽注射液已获批上市,适应症为糖尿病,并无治疗肥胖症的适应症获批。即便如此,仍有许多人将司美格鲁肽注射液用于减肥。</p><p>有药品代购人士告诉记者,“前来购买司美格鲁肽注射液的有很多是想减肥的女孩,为了管住嘴、少吃高热量食物,因为这款药能抑制食欲。”</p><p>某三甲医院内分泌科主治医师告诉记者,司美格鲁肽注射液在国内属于处方药,目前国内获批适应症为成人2型糖尿病。“这款药可用于减重,但属于超说明书用药。类似的药物还有度拉糖肽、利拉鲁肽。”上述主治医师表示,部分减肥人士使用司美格鲁肽注射液后会出现过敏、胃肠道反应较大等副作用。</p><p>根据弗若斯特沙利文数据,中国GLP-1受体激动剂市场规模预计于2025年达到156亿元,随后将以CAGR=26.2%的增速,在2030年达到501亿元。德邦证券报告预测,2022年,中国成年人的超重及肥胖患病率达34.3%和16.4%,GLP-1类药物的减肥适应症的销售峰值有望达到400亿元。</p><p>百亿元级的市场规模吸引了诸多国内药企抢滩仿制药。目前,诺和诺德的利拉鲁肽化合物专利在中国市场已到期,已有正大天晴药业、深圳<a href=\"https://laohu8.com/S/300199\">翰宇药业</a>、杭州中美华东制药、<a href=\"https://laohu8.com/S/600867\">通化东宝</a>药业等药企提交了利拉鲁肽注射液生物类似药和化药仿制药的上市申请,适应症大多为糖尿病。截至目前,尚未有国产利拉鲁肽相关药物获批上市。</p><p>而司美格鲁肽注射液的专利正常于2026年失效,但因此前国家知识产权局判定该专利无效,诺和诺德就此提起上诉,故该药专利仍悬而未决。即便如此,各大药企也已蓄势待发。</p><p>国家药品监督管理局药品审评中心数据显示,已有杭州九源基因工程、<a href=\"https://laohu8.com/S/000513\">丽珠集团</a>新北江制药、重庆宸安生物制药、联邦生物科技、<a href=\"https://laohu8.com/S/01093\">石药集团</a>等药企的司美格鲁肽注射液生物类似药或化学仿制药的上市申请获受理。</p><p>某化学制药公司相关人士告诉《证券日报》记者,“目前GLP-1类药品用于糖尿病、减重适应症上,国内乃至国际的关注度都比较高。公司相关产品开发的适应症还是针对2型糖尿病患者,目前正处于三期临床阶段,不排除后续会开发减重适应症。”</p><p>有业内人士认为,基于GLP-1类药在糖尿病和减重适应症上的效果,未来市场需求巨大,拿下首仿的药企将具有先发优势。</p><p>(编辑 上官梦露)</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" 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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需求“错位”降糖药司美格鲁肽在欧供不应求 本土药企抢滩百亿元级市场\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 10:56 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202303151059018419b101&s=b><strong>证券日报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>本报记者 张敏 见习记者 熊悦当地时间周一(3月13日),欧洲药品管理局(EMA)发布官方声明表示,诺和诺德(NovoNordisk)生产的糖尿病药物诺和泰(Ozempic)将面临较长时间的短缺,预计这种短缺将持续整个2023年。EMA补充称,虽然这一药品的供应仍将继续增加,但不确定何时才能到满足市场需求的地步。并且,诺和泰还被视为减肥药物Wegovy的替代品,糖尿病患者的用药短缺因此加剧。所以,...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202303151059018419b101&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4588":"碎股","BK4007":"制药","BK4532":"文艺复兴科技持仓","NVO":"诺和诺德","BK4585":"ETF&股票定投概念"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202303151059018419b101&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2319863238","content_text":"本报记者 张敏 见习记者 熊悦当地时间周一(3月13日),欧洲药品管理局(EMA)发布官方声明表示,诺和诺德(NovoNordisk)生产的糖尿病药物诺和泰(Ozempic)将面临较长时间的短缺,预计这种短缺将持续整个2023年。EMA补充称,虽然这一药品的供应仍将继续增加,但不确定何时才能到满足市场需求的地步。并且,诺和泰还被视为减肥药物Wegovy的替代品,糖尿病患者的用药短缺因此加剧。所以,该机构要求医生优先为糖尿病患者注射诺和泰,而不是将其作为减肥药物出售。需求“错位”降糖药变减肥药诺和泰为总部位于丹麦的跨国药企诺和诺德原研的注射处方药。官方用药说明书显示,诺和泰用于改善成人2型糖尿病患者的血糖,降低已知有心脏病的2型糖尿病成人患者发生主要心血管事件的风险。目前这款药物有0.5mg、1mg、2mg三种规格,患者每周注射一次,单次用量逐步递增。据悉,这款药与诺和诺德旗下的一款减肥药物Wegovy属于剂量不同的同一种药物——司美格鲁肽。司美格鲁肽注射液为GLP-1(胰高血糖素样肽-1)类代表药物。而GLP-1类药物是近年来各大药企开发糖尿病用药的明星靶点,其可以通过增加胰岛素分泌、抑制胰高血糖素释放来降低血糖浓度,被外界认为有望取代胰岛素,成为2型糖尿病患者的一线治疗药物。Wegovy于2021年6月获美国食品药品管理局批准用于治疗肥胖症,主要在美国销售。在“网红”人物埃隆·马斯克及一些好莱坞演员的“带货”刺激下,这款药物在美国供应偏紧。在这种情况下,诺和泰被视为Wegovy的替代品,市场需求由此大增,并且相关糖尿病患者的用药短缺也因此加剧。EMA表示,“对Ozempic的需求增加导致了短缺,预计这种短缺将持续到2023年。”“Ozempic只适用于治疗控制不足的成人2型糖尿病。”任何其他用途都可能危及这些患者的健康。尽管这款药物仍处于供不应求的状态,但原研药企诺和诺德已经从中尝到了甜头。公司2022年财报显示,司美格鲁肽产品的总销售额达109亿美元,同比大增78%,其中降糖药皮下注射剂Ozempic销售额约为84.65亿美元,口服制剂Rybelsus(索马鲁肽)销售额约为16亿美元;减肥药Wegovy销售额约为8.77亿美元。本土药企抢滩百亿元级市场在国内,诺和诺德原研的两款GLP-1受体激动剂司美格鲁肽注射液和利拉鲁肽注射液已获批上市,适应症为糖尿病,并无治疗肥胖症的适应症获批。即便如此,仍有许多人将司美格鲁肽注射液用于减肥。有药品代购人士告诉记者,“前来购买司美格鲁肽注射液的有很多是想减肥的女孩,为了管住嘴、少吃高热量食物,因为这款药能抑制食欲。”某三甲医院内分泌科主治医师告诉记者,司美格鲁肽注射液在国内属于处方药,目前国内获批适应症为成人2型糖尿病。“这款药可用于减重,但属于超说明书用药。类似的药物还有度拉糖肽、利拉鲁肽。”上述主治医师表示,部分减肥人士使用司美格鲁肽注射液后会出现过敏、胃肠道反应较大等副作用。根据弗若斯特沙利文数据,中国GLP-1受体激动剂市场规模预计于2025年达到156亿元,随后将以CAGR=26.2%的增速,在2030年达到501亿元。德邦证券报告预测,2022年,中国成年人的超重及肥胖患病率达34.3%和16.4%,GLP-1类药物的减肥适应症的销售峰值有望达到400亿元。百亿元级的市场规模吸引了诸多国内药企抢滩仿制药。目前,诺和诺德的利拉鲁肽化合物专利在中国市场已到期,已有正大天晴药业、深圳翰宇药业、杭州中美华东制药、通化东宝药业等药企提交了利拉鲁肽注射液生物类似药和化药仿制药的上市申请,适应症大多为糖尿病。截至目前,尚未有国产利拉鲁肽相关药物获批上市。而司美格鲁肽注射液的专利正常于2026年失效,但因此前国家知识产权局判定该专利无效,诺和诺德就此提起上诉,故该药专利仍悬而未决。即便如此,各大药企也已蓄势待发。国家药品监督管理局药品审评中心数据显示,已有杭州九源基因工程、丽珠集团新北江制药、重庆宸安生物制药、联邦生物科技、石药集团等药企的司美格鲁肽注射液生物类似药或化学仿制药的上市申请获受理。某化学制药公司相关人士告诉《证券日报》记者,“目前GLP-1类药品用于糖尿病、减重适应症上,国内乃至国际的关注度都比较高。公司相关产品开发的适应症还是针对2型糖尿病患者,目前正处于三期临床阶段,不排除后续会开发减重适应症。”有业内人士认为,基于GLP-1类药在糖尿病和减重适应症上的效果,未来市场需求巨大,拿下首仿的药企将具有先发优势。(编辑 上官梦露)","news_type":1},"isVote":1,"tweetType":1,"viewCount":1214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":650319756,"gmtCreate":1678887689575,"gmtModify":1678887690693,"author":{"id":"3495708665602292","authorId":"3495708665602292","name":"散静","avatar":"https://static.tigerbbs.com/59db6d31c51fa552a0765b3e7ec8136a","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495708665602292","idStr":"3495708665602292"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDIY\">$DiDi Global Inc.(DIDIY)$ </a>估计这一波会到3","listText":"<a href=\"https://laohu8.com/S/DIDIY\">$DiDi Global Inc.(DIDIY)$ </a>估计这一波会到3","text":"$DiDi Global Inc.(DIDIY)$ 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13:18","market":"hk","language":"zh","title":"瑞士信贷提出现金回购最高达30亿瑞士法郎的债务证券","url":"https://stock-news.laohu8.com/highlight/detail?id=1193141879","media":"老虎资讯综合","summary":"10月7日电,瑞士信贷集团10月7日宣布,瑞士信贷国际提出以现金方式回购部分OpCo高级债务证券,金额高达约30亿瑞士法郎。瑞士信贷当日宣布,它正在就8种以欧元或英镑计价的高级债务证券提出现金要约,总","content":"<html><head></head><body><p>10月7日电,<a href=\"https://laohu8.com/S/CS\">瑞士信贷</a>集团10月7日宣布,瑞士信贷国际提出以现金方式回购部分OpCo高级债务证券,金额高达约30亿瑞士法郎。</p><p>瑞士信贷当日宣布,它正在就8种以欧元或英镑计价的高级债务证券提出现金要约,总代价不超过10亿欧元。同时,瑞信还宣布对12只美元计价的高级债务证券开展单独的现金要约收购,总价不超过20亿美元。两项要约均受制于各自要约备忘录中规定的各种条件。这些要约将分别于2022年11月3日和2022年11月10日到期。</p></body></html>","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>瑞士信贷提出现金回购最高达30亿瑞士法郎的债务证券</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n瑞士信贷提出现金回购最高达30亿瑞士法郎的债务证券\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\">2022-10-07 13:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>10月7日电,<a href=\"https://laohu8.com/S/CS\">瑞士信贷</a>集团10月7日宣布,瑞士信贷国际提出以现金方式回购部分OpCo高级债务证券,金额高达约30亿瑞士法郎。</p><p>瑞士信贷当日宣布,它正在就8种以欧元或英镑计价的高级债务证券提出现金要约,总代价不超过10亿欧元。同时,瑞信还宣布对12只美元计价的高级债务证券开展单独的现金要约收购,总价不超过20亿美元。两项要约均受制于各自要约备忘录中规定的各种条件。这些要约将分别于2022年11月3日和2022年11月10日到期。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/0f21bae929f333bef30ae84506e2dee4","relate_stocks":{"161027":"证券","BK4118":"综合性资本市场","BK4552":"Archegos爆仓风波概念"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193141879","content_text":"10月7日电,瑞士信贷集团10月7日宣布,瑞士信贷国际提出以现金方式回购部分OpCo高级债务证券,金额高达约30亿瑞士法郎。瑞士信贷当日宣布,它正在就8种以欧元或英镑计价的高级债务证券提出现金要约,总代价不超过10亿欧元。同时,瑞信还宣布对12只美元计价的高级债务证券开展单独的现金要约收购,总价不超过20亿美元。两项要约均受制于各自要约备忘录中规定的各种条件。这些要约将分别于2022年11月3日和2022年11月10日到期。","news_type":1},"isVote":1,"tweetType":1,"viewCount":2273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":687022227,"gmtCreate":1660658901673,"gmtModify":1660658979469,"author":{"id":"3495708665602292","authorId":"3495708665602292","name":"散静","avatar":"https://static.tigerbbs.com/59db6d31c51fa552a0765b3e7ec8136a","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495708665602292","idStr":"3495708665602292"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDIY\">$DiDi Global Inc.(DIDIY)$</a>看来滴滴的前景不妙啊,两桶油,中铝都退市了,国家不会同意让滴滴交底稿 ,结局只能是完全退市","listText":"<a href=\"https://laohu8.com/S/DIDIY\">$DiDi Global Inc.(DIDIY)$</a>看来滴滴的前景不妙啊,两桶油,中铝都退市了,国家不会同意让滴滴交底稿 ,结局只能是完全退市","text":"$DiDi Global Inc.(DIDIY)$看来滴滴的前景不妙啊,两桶油,中铝都退市了,国家不会同意让滴滴交底稿 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Inc.(DIDIY)$今天应该是个分水岭。大盘跌滴滴涨,大盘涨滴滴更涨。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/684947568","isVote":1,"tweetType":1,"viewCount":1100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":686955813,"gmtCreate":1658101470036,"gmtModify":1704868876944,"author":{"id":"3495708665602292","authorId":"3495708665602292","name":"散静","avatar":"https://static.tigerbbs.com/59db6d31c51fa552a0765b3e7ec8136a","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495708665602292","idStr":"3495708665602292"},"themes":[],"htmlText":"这篇文章不错,转发给大家看","listText":"这篇文章不错,转发给大家看","text":"这篇文章不错,转发给大家看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/686955813","repostId":"839029478","repostType":1,"repost":{"id":839029478,"gmtCreate":1629108774794,"gmtModify":1709284855378,"author":{"id":"3571203350393745","authorId":"3571203350393745","name":"读懂港美股","avatar":"https://static.tigerbbs.com/4fd812dbaabe40f56b43f27c610cc4bf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571203350393745","idStr":"3571203350393745"},"themes":[],"title":"储能,终成万亿赛道!","htmlText":"<a 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href=\"https://laohu8.com/S/01211\">$比亚迪股份(01211)$</a> 喊了n年的大风口,这一次储能终于可以支楞起来了。7 月23日,相关部门发布《关于加快推动新型储能发展的指导意见》,明确到2025年我国新型储能装机规模超过30GW,而截至2020年底,国内新型储能的累计装机规模只有约3.27GW。也就是说,未来五年,我国新型储能的装机规模将有八倍的增长空间。到2025年,我国储能投资市场空间将达到约0.45万亿元,2030年增长到1.3万亿元左右。今天呢,我们就来聊聊最近爆火的储能。一、刚需首先,我们来看一下什么是储能。储能是指通过介质或设备把能量存储起来,在需要时再释放出来的过程。因为电力即发即用,无法直接存储的能源形态,发电和用电的波动性造成资源浪费。2020年全国弃光率为2.0%、弃风率为3.5%,可以预见光伏风电快速上量后电网消纳有限、参与调峰能力不足、传输容量有限等问题显现。所以说,为了配合我国风电、光伏高增长目标,储能配套已成刚需。我们都知道,光伏是需要太阳提供能量进行发电,但是到了晚上基本上没什么作用。风力资源的劣势在于间歇性和不稳定性,这样一来,想大规模运用新能源发电显然还不太现实。在这样的背景下,储能技术的发展很大程度上解决上述问题。它让发电平滑输出,有效调节新能源发电引起的电网电压、频率的变化。储能的使用,让风电、光伏发电大规模可靠、方便地并入常规电网成为现实。储能作为电","text":"$超威动力(00951)$ $信义储电(08328)$ $比亚迪股份(01211)$ 喊了n年的大风口,这一次储能终于可以支楞起来了。7 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