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allenkee

allenkee

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2021-08-27

好

部分热门中概股盘初拉升，贝壳涨超7%

2021-08-25

好

中信里昂证券：给予蔚来汽车(NIO.N)买进的初始评级。

2021-08-20

唉

抱歉，原内容已删除

2021-08-19

好

蔚来事故敲碎自动驾驶幻想？工信部新规明确车企义务

2021-08-18

好

抱歉，原内容已删除

2021-08-17

惨

新能源汽车股跌幅扩大，FF跌超10%，蔚来跌7%

2021-08-17

没眼看

抱歉，原内容已删除

2021-08-14

好

抱歉，原内容已删除

2021-08-12

好

抱歉，原内容已删除

2021-08-07

好文章

美股新能源车板块短线走低，小鹏汽车跌超4%

2021-08-05

好

美股半导体板块盘初普涨，AMD涨超4%续创新高

2021-08-04

好

抱歉，原内容已删除

2021-08-03

惨

抱歉，原内容已删除

2021-07-30

好

抱歉，原内容已删除

2021-07-29

好

抱歉，原内容已删除

2021-07-28

惨

中概股跌幅持续扩大，小鹏汽车跌超15%

2021-07-27

好

抱歉，原内容已删除

2021-07-26

好

抱歉，原内容已删除

2021-07-25

不错

十倍基的“秘密”，基民如何才能真正赚到钱？

2021-07-24

好

抱歉，原内容已删除

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21:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>8月26日，部分热门中概股盘初拉升，<a href=\"https://laohu8.com/S/BEKE\">贝壳</a>涨超7%，<a href=\"https://laohu8.com/S/DOYU\">斗鱼</a>涨超4%，<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>、<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨超3%，<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/BIDU\">百度</a>涨超1%。</p>\n<p><img src=\"https://static.tigerbbs.com/1a5291070f3f743d085fef41748972ab\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d8fb95e65f042f352c6313989391357","relate_stocks":{"TTTN":"老虎中美互联网巨头ETF","QNETCN":"纳斯达克中美互联网老虎指数","BEKE":"贝壳"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180486209","content_text":"8月26日，部分热门中概股盘初拉升，贝壳涨超7%，斗鱼涨超4%，滴滴、小鹏汽车涨超3%，京东、百度涨超1%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1061,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":834741161,"gmtCreate":1629844350753,"gmtModify":1631891421157,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834741161","repostId":"2161086466","repostType":2,"repost":{"id":"2161086466","kind":"news","pubTimestamp":1629810354,"share":"https://www.laohu8.com/m/news/2161086466?lang=&edition=full","pubTime":"2021-08-24 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18:00","market":"us","language":"zh","title":"蔚来事故敲碎自动驾驶幻想？工信部新规明确车企义务","url":"https://stock-news.laohu8.com/highlight/detail?id=2160673584","media":"出行一客","summary":"用户的期待与车企的宣传相呼应，形成了某种危险的默契。这种默契导致的高风险显而易见，新规出台，就旨在斩断这种默契。\n8月12日，在蔚来车主启用自动辅助驾驶不幸身亡的同一天，工信部发布了《关于加强智能网联","content":"<p>用户的期待与车企的宣传相呼应，形成了某种危险的默契。这种默契导致的高风险显而易见，新规出台，就旨在斩断这种默契。</p>\n<p>8月12日，在蔚来车主启用自动辅助驾驶不幸身亡的同一天，工信部发布了《关于加强<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>网联汽车生产企业及产品准入管理的意见》（下称《意见》）。</p>\n<p>《意见》主要回应了智能网联汽车行业在自动驾驶、数据安全和软件在线升级（OTA）等方面的问题。智能车近期面临的业内外质疑，包括蔚来的自动辅助驾驶事故、数据出境的安全管理、OTA升级涉及的车主权益问题，都在呼唤更多国家层面的规范。</p>\n<p>自动驾驶的辅助边界在哪里？数据驱动技术升级和安全管理之间如何平衡？如何防止OTA升级侵犯用户权益？工信部新规逐一明确了车企在多方面的义务和责任。</p>\n<p><b>约束自动驾驶的幻想</b></p>\n<p>日前，31岁的上善若水投资管理公司创始人林文钦驾驶蔚来ES8汽车，在高速公路不幸发生交通事故身亡。</p>\n<p>8月18日，福建省莆田交警通报称，8月12日下午14时，林某某驾驶电动汽车在沈海高速莆田市涵江段追尾碰撞前方同车道由李某某驾驶正在施工作业的轻型普通货车后侧，造成林某某当场死亡，货车乘车人王某某受伤。</p>\n<p>发生意外时，蔚来ES8处于NOP（Navigate on Pilot，领航辅助驾驶）状态，于是关于自动辅助驾驶的安全问题和管理规范的讨论持续引起业内关注。</p>\n<p>对此，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>CEO李想呼吁，媒体和行业机构应统一自动驾驶的中文名词，避免夸张的宣传造成用户使用的误解。他认为，“在推广上克制，在技术上投入，对用户行业、企业都长期有利。”</p>\n<p>一位不愿具名的智能网联汽车行业人士告诉出行一客（ID：carcaijing），蔚来的辅助驾驶技术方案还不是特别成熟，对一些极端路况、特殊的道路单元识别准确率都不是很高，依靠单车智能和视觉摄像头的识别能力，很难适应复杂的工况和参差不齐的外界环境。</p>\n<p>“从技术端来讲，视觉+毫米波雷达的方案，在高速公路上的反应时延是不够的，它的算法、算力不能够支持它做这种准确的决策和执行。”上述人士认为。</p>\n<p>当然，技术瓶颈在全行业都存在，并非蔚来一家企业、一款产品的问题。但纯技术层面以外的因素往往更为致命，包括车主是否意识到智能汽车的局限，企业对车主有没有足够的警示和教育。</p>\n<p>就在蔚来车主林文钦遭遇事故的当天，工信部发布的智能网联汽车新规就特别强调了汽车企业的告知义务。</p>\n<p>《意见》指出，“企业生产具有驾驶辅助和自动驾驶功能的汽车产品的，应当明确告知车辆功能及性能限制、驾驶员职责、人机交互设备指示信息、功能激活及退出方法和条件等信息”。</p>\n<p>这一规定直指企业的过度宣传，而过度宣传又容易与用户的过度信任形成了正反馈的恶性循环。</p>\n<p>“用户对自动辅助驾驶有点过度信任，99%的用户不会仔细阅读用户手册，了解车辆可能都是通过网络、自媒体、<a href=\"https://laohu8.com/S/300959\">线上线下</a>用户社群的熏陶”，上述不愿具名的业内人士告诉出行一客（ID：carcaijing），“所以操作的过程也会过度自信，认为科技是相对可靠的，一个月不出事就断定永远不会出事了，这种麻痹大意的心态就慢慢膨胀了。”</p>\n<p>不过站在行业发展的角度，对自动辅助驾驶的宣传也不该一刀切。</p>\n<p>同济大学人车关系实验室研究与项目负责人龚在研向出行一客（ID：carcaijing）指出，自动辅助驾驶有一个悖论。“大家为什么要买L2级别自动辅助驾驶的车？很多用户想要的是相当于自动驾驶的使用场景，比如蔚来的高管发<a href=\"https://laohu8.com/S/WB\">微博</a>，说可以一边开车一边吃东西，很多用户也是想要能边开车边吃东西或者回信息、看电影。”</p>\n<p>这种用户心理的存在，导致认知与现实的错置。尽管企业宣传时强调不是自动驾驶而只是辅助，但是会给用户造成一个印象或者想象，让用户至少在限定条件下对自动驾驶有所期待。</p>\n<p>“但反过来讲，如果自动驾驶本身没有带来使用功能和使用场景的差异化，把期待降低，大家还有什么必要花这个钱买自动辅助驾驶的汽车呢？”龚在研认为，从产业的角度来看，如果在政策和宣传上都把这些东西都封死了，中国的自主品牌在自动驾驶方面的优势也会降低，这不是一个容易解决的问题。</p>\n<p>用户的期待与车企的宣传相呼应，形成了某种危险的默契。这种默契导致的高风险显而易见，新规出台，就旨在斩断这种默契。</p>\n<p>《意见》指出，“企业生产具有组合驾驶辅助功能的汽车产品的，应采取脱手检测等技术措施，保障驾驶员始终在执行相应的动态驾驶任务”。</p>\n<p>如此一来，很多车主对自动驾驶不切实际的想象或将逐渐消退，在理想ONE上躺平、在蔚来上吃饭等“名场面”引起的只会是恐慌，而不再是憧憬。</p>\n<p>此外，新规对车辆事故管控格外重视。《意见》要求，具有自动驾驶功能的汽车产品应具有事件数据记录系统和自动驾驶数据记录系统，满足相关功能、性能和安全性要求，用于事故重建、责任判定及原因分析等。</p>\n<p>其中，自动驾驶数据记录系统记录的数据应包括车辆及系统基本信息、车辆状态及动态信息、自动驾驶系统运行信息、行车环境信息、驾乘人员操作及状态信息、故障信息等。</p>\n<p><b>规范数据管理和OTA升级</b></p>\n<p>此外，数据和网络安全管理、软件在线升级规范也逐渐有规可依。</p>\n<p>在智能化、网联化浪潮席卷汽车行业之前，判断一辆汽车安全与否更多是从硬件的角度衡量。如今，软件定义汽车、数据驱动迭代让汽车产业价值链重构，车上越来越多的软件应用、摄像头和激光雷达也让随之产生了数据和网络安全问题。</p>\n<p>值得注意的是，今年5月以前，中国在智能汽车数据管理方面的规定基本还是一片空白。5月12日国家互联网信息办公室发布的《汽车数据安全管理若干规定（征求意见稿）》首次对智能汽车的数据管理作出特别规定。</p>\n<p>在意见稿发布两周后，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>5月25日宣布已经在中国建立数据中心。</p>\n<p>智能汽车产生的数据主要分为两部分，一类是用户数据，主要关于个人隐私，如微信上车涉及到用户账号和访问记录，车内摄像头、车内麦克风等会搜集用户信息。另一类是车辆数据，包括地理位置、系统信息、业务相关的数据，部分数据涉及到国家安全。</p>\n<p>在强化数据安全管理能力方面，《意见》明确企业应当建立健全汽车数据安全管理制度，建立数据资产管理台账，实施数据分类分级管理。</p>\n<p>“汽车使用中产生的数据都要经过‘脱敏’后才能被传输、保存并应用在车企的智能化研发中，车主的隐私敏感隐私数据也得以被筛除掉。”华东理工大学法学院特聘副研究员王鹏鹏告诉出行一客（ID：carcaijing）。</p>\n<p>此外，《意见》还指出，在中国境内运营中收集和产生的个人信息和重要数据应当按照有关法律法规规定在境内存储，需要向境外提供数据的，应当通过数据出境安全评估。</p>\n<p>数据跨境传输的背后直指国家安全。今年6月底赴美上市的<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>，因存在严重违法违规收集使用个人信息行为，7月4日，国家互联网信息监管机构发布通告称其App“滴滴出行”被下架。当日滴滴股价暴跌10%。</p>\n<p>清华大学车辆与运载学院创院院长杨殿阁认为，在技术手段不完备、相关管理制度还不完善的情况下，对跨境数据传输应该采取从严的管理方式。“数据只要传出去了，损害可能会是长期的，之后整治、修补、挽救的难度非常大，因为涉及到国家安全。”</p>\n<p>近两年来，对于汽车OTA的相关监管政策正在走向台前。</p>\n<p>2020年11月23日，中国市场监管总局办公厅出台《关于进一步加强汽车远程升级（OTA）技术召回监管的通知》。2021年6月，《关于汽车远程升级（OTA）技术召回备案的补充通知》对汽车OTA技术召回进行更详细的说明。</p>\n<p>虽然这些政策都已对汽车OTA技术有相关规定，但鉴于工信部的管理职能，此次发布的《意见》具有更强的行业导向性。</p>\n<p>《意见》要求，企业生产具有OTA升级功能的汽车产品的，应当建立与汽车产品及升级活动相适应的管理能力，具有在线升级安全影响评估、测试验证、实施过程保障、信息记录等能力，确保车辆进行在线升级时处于安全状态，并向车辆用户告知在线升级的目的、内容、所需时长、注意事项、升级结果等信息。</p>\n<p>“虽然目前只是意见，但这算是行业里的放风，这个事基本已经落定了。”上述接近人士告诉出行一客（ID：carcaijing），对于行业来说，未来如何处理好市场跟政府监管的关系，会是一个比较大的挑战。</p>\n<p>他认为，《意见》中涉及OTA审批的部分，也有出于对软件定价溢价的考量。“未来国家对汽车OTA的管控很可能是一年几次审批机会，再由企业统一地跟消费者达成协议。”</p>\n<p>和传统汽车召回返厂的方式不同，智能汽车的优化升级会涉及到OTA技术，即远程给车辆各个电子控制单元更新软件的技术，和现在的手机系统升级类似，无需到店即可完成在线升级。特斯拉就曾经利用OTA技术升级刹车系统，在原刹车距离的基础上再缩短六米多。</p>\n<p>OTA技术在带来便利的同时也有风险。例如车企可能会利用OTA技术来掩盖车辆因质量缺陷进行必须的召回。从数据安全层面看，利用OTA进行升级时存在信息交互，如果滥用会导致数据过度采集、隐私泄露等风险。</p>\n<p>对此，《意见》指出，未经审批，不得通过在线（OTA）等软件升级方式新增或更新汽车自动驾驶功能。</p>\n<p>龚在研认为，此项意见跟道路安全是直接相关的，“如果没有任何束缚，大家完全开放地去操作去升级，对道路安全会有较大的影响。”</p>","source":"lsy1578451694161","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>蔚来事故敲碎自动驾驶幻想？工信部新规明确车企义务</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; 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}\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蔚来事故敲碎自动驾驶幻想？工信部新规明确车企义务\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 18:00 北京时间&nbsp;&nbsp;&nbsp;<a href=https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/tech/2021-08-18/doc-ikqciyzm2212190.shtml><strong>出行一客</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>用户的期待与车企的宣传相呼应，形成了某种危险的默契。这种默契导致的高风险显而易见，新规出台，就旨在斩断这种默契。\n8月12日，在蔚来车主启用自动辅助驾驶不幸身亡的同一天，工信部发布了《关于加强智能网联汽车生产企业及产品准入管理的意见》（下称《意见》）。\n《意见》主要回应了智能网联汽车行业在自动驾驶、数据安全和软件在线升级（OTA）等方面的问题。智能车近期面临的业内外质疑，包括蔚来的自动辅助驾驶事故...</p>\n\n<a href=\"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/tech/2021-08-18/doc-ikqciyzm2212190.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/b9daeebd544295dc2ea7d0a2006f04c9","relate_stocks":{"NIO":"蔚来"},"source_url":"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/tech/2021-08-18/doc-ikqciyzm2212190.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160673584","content_text":"用户的期待与车企的宣传相呼应，形成了某种危险的默契。这种默契导致的高风险显而易见，新规出台，就旨在斩断这种默契。\n8月12日，在蔚来车主启用自动辅助驾驶不幸身亡的同一天，工信部发布了《关于加强智能网联汽车生产企业及产品准入管理的意见》（下称《意见》）。\n《意见》主要回应了智能网联汽车行业在自动驾驶、数据安全和软件在线升级（OTA）等方面的问题。智能车近期面临的业内外质疑，包括蔚来的自动辅助驾驶事故、数据出境的安全管理、OTA升级涉及的车主权益问题，都在呼唤更多国家层面的规范。\n自动驾驶的辅助边界在哪里？数据驱动技术升级和安全管理之间如何平衡？如何防止OTA升级侵犯用户权益？工信部新规逐一明确了车企在多方面的义务和责任。\n约束自动驾驶的幻想\n日前，31岁的上善若水投资管理公司创始人林文钦驾驶蔚来ES8汽车，在高速公路不幸发生交通事故身亡。\n8月18日，福建省莆田交警通报称，8月12日下午14时，林某某驾驶电动汽车在沈海高速莆田市涵江段追尾碰撞前方同车道由李某某驾驶正在施工作业的轻型普通货车后侧，造成林某某当场死亡，货车乘车人王某某受伤。\n发生意外时，蔚来ES8处于NOP（Navigate on Pilot，领航辅助驾驶）状态，于是关于自动辅助驾驶的安全问题和管理规范的讨论持续引起业内关注。\n对此，理想汽车CEO李想呼吁，媒体和行业机构应统一自动驾驶的中文名词，避免夸张的宣传造成用户使用的误解。他认为，“在推广上克制，在技术上投入，对用户行业、企业都长期有利。”\n一位不愿具名的智能网联汽车行业人士告诉出行一客（ID：carcaijing），蔚来的辅助驾驶技术方案还不是特别成熟，对一些极端路况、特殊的道路单元识别准确率都不是很高，依靠单车智能和视觉摄像头的识别能力，很难适应复杂的工况和参差不齐的外界环境。\n“从技术端来讲，视觉+毫米波雷达的方案，在高速公路上的反应时延是不够的，它的算法、算力不能够支持它做这种准确的决策和执行。”上述人士认为。\n当然，技术瓶颈在全行业都存在，并非蔚来一家企业、一款产品的问题。但纯技术层面以外的因素往往更为致命，包括车主是否意识到智能汽车的局限，企业对车主有没有足够的警示和教育。\n就在蔚来车主林文钦遭遇事故的当天，工信部发布的智能网联汽车新规就特别强调了汽车企业的告知义务。\n《意见》指出，“企业生产具有驾驶辅助和自动驾驶功能的汽车产品的，应当明确告知车辆功能及性能限制、驾驶员职责、人机交互设备指示信息、功能激活及退出方法和条件等信息”。\n这一规定直指企业的过度宣传，而过度宣传又容易与用户的过度信任形成了正反馈的恶性循环。\n“用户对自动辅助驾驶有点过度信任，99%的用户不会仔细阅读用户手册，了解车辆可能都是通过网络、自媒体、线上线下用户社群的熏陶”，上述不愿具名的业内人士告诉出行一客（ID：carcaijing），“所以操作的过程也会过度自信，认为科技是相对可靠的，一个月不出事就断定永远不会出事了，这种麻痹大意的心态就慢慢膨胀了。”\n不过站在行业发展的角度，对自动辅助驾驶的宣传也不该一刀切。\n同济大学人车关系实验室研究与项目负责人龚在研向出行一客（ID：carcaijing）指出，自动辅助驾驶有一个悖论。“大家为什么要买L2级别自动辅助驾驶的车？很多用户想要的是相当于自动驾驶的使用场景，比如蔚来的高管发微博，说可以一边开车一边吃东西，很多用户也是想要能边开车边吃东西或者回信息、看电影。”\n这种用户心理的存在，导致认知与现实的错置。尽管企业宣传时强调不是自动驾驶而只是辅助，但是会给用户造成一个印象或者想象，让用户至少在限定条件下对自动驾驶有所期待。\n“但反过来讲，如果自动驾驶本身没有带来使用功能和使用场景的差异化，把期待降低，大家还有什么必要花这个钱买自动辅助驾驶的汽车呢？”龚在研认为，从产业的角度来看，如果在政策和宣传上都把这些东西都封死了，中国的自主品牌在自动驾驶方面的优势也会降低，这不是一个容易解决的问题。\n用户的期待与车企的宣传相呼应，形成了某种危险的默契。这种默契导致的高风险显而易见，新规出台，就旨在斩断这种默契。\n《意见》指出，“企业生产具有组合驾驶辅助功能的汽车产品的，应采取脱手检测等技术措施，保障驾驶员始终在执行相应的动态驾驶任务”。\n如此一来，很多车主对自动驾驶不切实际的想象或将逐渐消退，在理想ONE上躺平、在蔚来上吃饭等“名场面”引起的只会是恐慌，而不再是憧憬。\n此外，新规对车辆事故管控格外重视。《意见》要求，具有自动驾驶功能的汽车产品应具有事件数据记录系统和自动驾驶数据记录系统，满足相关功能、性能和安全性要求，用于事故重建、责任判定及原因分析等。\n其中，自动驾驶数据记录系统记录的数据应包括车辆及系统基本信息、车辆状态及动态信息、自动驾驶系统运行信息、行车环境信息、驾乘人员操作及状态信息、故障信息等。\n规范数据管理和OTA升级\n此外，数据和网络安全管理、软件在线升级规范也逐渐有规可依。\n在智能化、网联化浪潮席卷汽车行业之前，判断一辆汽车安全与否更多是从硬件的角度衡量。如今，软件定义汽车、数据驱动迭代让汽车产业价值链重构，车上越来越多的软件应用、摄像头和激光雷达也让随之产生了数据和网络安全问题。\n值得注意的是，今年5月以前，中国在智能汽车数据管理方面的规定基本还是一片空白。5月12日国家互联网信息办公室发布的《汽车数据安全管理若干规定（征求意见稿）》首次对智能汽车的数据管理作出特别规定。\n在意见稿发布两周后，特斯拉5月25日宣布已经在中国建立数据中心。\n智能汽车产生的数据主要分为两部分，一类是用户数据，主要关于个人隐私，如微信上车涉及到用户账号和访问记录，车内摄像头、车内麦克风等会搜集用户信息。另一类是车辆数据，包括地理位置、系统信息、业务相关的数据，部分数据涉及到国家安全。\n在强化数据安全管理能力方面，《意见》明确企业应当建立健全汽车数据安全管理制度，建立数据资产管理台账，实施数据分类分级管理。\n“汽车使用中产生的数据都要经过‘脱敏’后才能被传输、保存并应用在车企的智能化研发中，车主的隐私敏感隐私数据也得以被筛除掉。”华东理工大学法学院特聘副研究员王鹏鹏告诉出行一客（ID：carcaijing）。\n此外，《意见》还指出，在中国境内运营中收集和产生的个人信息和重要数据应当按照有关法律法规规定在境内存储，需要向境外提供数据的，应当通过数据出境安全评估。\n数据跨境传输的背后直指国家安全。今年6月底赴美上市的滴滴，因存在严重违法违规收集使用个人信息行为，7月4日，国家互联网信息监管机构发布通告称其App“滴滴出行”被下架。当日滴滴股价暴跌10%。\n清华大学车辆与运载学院创院院长杨殿阁认为，在技术手段不完备、相关管理制度还不完善的情况下，对跨境数据传输应该采取从严的管理方式。“数据只要传出去了，损害可能会是长期的，之后整治、修补、挽救的难度非常大，因为涉及到国家安全。”\n近两年来，对于汽车OTA的相关监管政策正在走向台前。\n2020年11月23日，中国市场监管总局办公厅出台《关于进一步加强汽车远程升级（OTA）技术召回监管的通知》。2021年6月，《关于汽车远程升级（OTA）技术召回备案的补充通知》对汽车OTA技术召回进行更详细的说明。\n虽然这些政策都已对汽车OTA技术有相关规定，但鉴于工信部的管理职能，此次发布的《意见》具有更强的行业导向性。\n《意见》要求，企业生产具有OTA升级功能的汽车产品的，应当建立与汽车产品及升级活动相适应的管理能力，具有在线升级安全影响评估、测试验证、实施过程保障、信息记录等能力，确保车辆进行在线升级时处于安全状态，并向车辆用户告知在线升级的目的、内容、所需时长、注意事项、升级结果等信息。\n“虽然目前只是意见，但这算是行业里的放风，这个事基本已经落定了。”上述接近人士告诉出行一客（ID：carcaijing），对于行业来说，未来如何处理好市场跟政府监管的关系，会是一个比较大的挑战。\n他认为，《意见》中涉及OTA审批的部分，也有出于对软件定价溢价的考量。“未来国家对汽车OTA的管控很可能是一年几次审批机会，再由企业统一地跟消费者达成协议。”\n和传统汽车召回返厂的方式不同，智能汽车的优化升级会涉及到OTA技术，即远程给车辆各个电子控制单元更新软件的技术，和现在的手机系统升级类似，无需到店即可完成在线升级。特斯拉就曾经利用OTA技术升级刹车系统，在原刹车距离的基础上再缩短六米多。\nOTA技术在带来便利的同时也有风险。例如车企可能会利用OTA技术来掩盖车辆因质量缺陷进行必须的召回。从数据安全层面看，利用OTA进行升级时存在信息交互，如果滥用会导致数据过度采集、隐私泄露等风险。\n对此，《意见》指出，未经审批，不得通过在线（OTA）等软件升级方式新增或更新汽车自动驾驶功能。\n龚在研认为，此项意见跟道路安全是直接相关的，“如果没有任何束缚，大家完全开放地去操作去升级，对道路安全会有较大的影响。”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":833689448,"gmtCreate":1629239438784,"gmtModify":1631891421167,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833689448","repostId":"1169436373","repostType":2,"isVote":1,"tweetType":1,"viewCount":1426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":839886810,"gmtCreate":1629147899730,"gmtModify":1631891421168,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"惨","listText":"惨","text":"惨","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839886810","repostId":"1194090310","repostType":2,"repost":{"id":"1194090310","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629123576,"share":"https://www.laohu8.com/m/news/1194090310?lang=&edit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22:19","market":"us","language":"zh","title":"新能源汽车股跌幅扩大，FF跌超10%，蔚来跌7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1194090310","media":"老虎资讯综合","summary":"周一，美股新能源汽车板块跌幅扩大。法拉第未来跌超10%，$小鹏汽车(XPEV)$、$蔚来(NIO)$汽车跌7%，Fisker、$特斯拉(TSLA)$跌超5%，$理想汽车(LI)$跌4%。\n\n\n\n\n\n消息面上，蔚来因一起与”自动驾驶“相关的重大交通事故陷入舆论漩涡，而特斯拉的自动驾驶功能也被美国国家公路交通安全管理局(NHTSA)正式调查。","content":"<p>周一，美股新能源汽车板块跌幅扩大。法拉第未来跌超10%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车跌7%，Fisker、<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>跌超5%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌4%。</p>\n<p><img src=\"https://static.tigerbbs.com/70f2ea7cce7f5d84cb7e58f001bb93ee\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>消息面上，蔚来因一起与”自动驾驶“相关的重大交通事故陷入舆论漩涡，而特斯拉的自动驾驶功能也被美国国家公路交通安全管理局(NHTSA)正式调查。</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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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新能源汽车股跌幅扩大，FF跌超10%，蔚来跌7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-08-16 22:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>周一，美股新能源汽车板块跌幅扩大。法拉第未来跌超10%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车跌7%，Fisker、<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>跌超5%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌4%。</p>\n<p><img src=\"https://static.tigerbbs.com/70f2ea7cce7f5d84cb7e58f001bb93ee\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>消息面上，蔚来因一起与”自动驾驶“相关的重大交通事故陷入舆论漩涡，而特斯拉的自动驾驶功能也被美国国家公路交通安全管理局(NHTSA)正式调查。</p>\n<p></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ccf08a65163213fb22b4f94f7fb404e8","relate_stocks":{"NIO":"蔚来","LI":"理想汽车","TSLA":"特斯拉","XPEV":"小鹏汽车","FFIE":"Faraday Future"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194090310","content_text":"周一，美股新能源汽车板块跌幅扩大。法拉第未来跌超10%，小鹏汽车、蔚来汽车跌7%，Fisker、特斯拉跌超5%，理想汽车跌4%。\n\n消息面上，蔚来因一起与”自动驾驶“相关的重大交通事故陷入舆论漩涡，而特斯拉的自动驾驶功能也被美国国家公路交通安全管理局(NHTSA)正式调查。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":839886190,"gmtCreate":1629147880110,"gmtModify":1631891421171,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"没眼看","listText":"没眼看","text":"没眼看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839886190","repostId":"1194090310","repostType":2,"isVote":1,"tweetType":1,"viewCount":1224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":897351765,"gmtCreate":1628894239257,"gmtModify":1631891421173,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/897351765","repostId":"1106643676","repostType":2,"isVote":1,"tweetType":1,"viewCount":1437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":895964181,"gmtCreate":1628716648343,"gmtModify":1631891421177,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895964181","repostId":"2158235856","repostType":2,"isVote":1,"tweetType":1,"viewCount":990,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":893534872,"gmtCreate":1628284686896,"gmtModify":1631891421179,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好文章","listText":"好文章","text":"好文章","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893534872","repostId":"1140688886","repostType":2,"repost":{"id":"1140688886","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628260770,"share":"https://www.laohu8.com/m/news/1140688886?lang=&edition=full","pubTime":"2021-08-06 22:39","market":"us","language":"zh","title":"美股新能源车板块短线走低，小鹏汽车跌超4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1140688886","media":"老虎资讯综合","summary":"周五盘中，美股新能源车板块短线走低，截至发稿，图森未来跌幅扩大至10%，小鹏汽车跌4.2%，小牛电动、理想汽车跌3.3%，蔚来汽车跌3.1%，特斯拉跌1%。","content":"<p>周五盘中，美股新能源车板块短线走低，截至发稿，图森未来跌幅扩大至10%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌4.2%，<a href=\"https://laohu8.com/S/NIU\">小牛电动</a>、<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌3.3%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车跌3.1%，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>跌1%。</p>\n<p><img src=\"https://static.tigerbbs.com/4b6ad7fa94bff182186146611fe60924\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>美股新能源车板块短线走低，小鹏汽车跌超4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; 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22:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>周五盘中，美股新能源车板块短线走低，截至发稿，图森未来跌幅扩大至10%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌4.2%，<a href=\"https://laohu8.com/S/NIU\">小牛电动</a>、<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌3.3%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车跌3.1%，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>跌1%。</p>\n<p><img src=\"https://static.tigerbbs.com/4b6ad7fa94bff182186146611fe60924\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/03a82e0c423084eeeed3c16621d1cbfe","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉","LI":"理想汽车","XPEV":"小鹏汽车"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140688886","content_text":"周五盘中，美股新能源车板块短线走低，截至发稿，图森未来跌幅扩大至10%，小鹏汽车跌4.2%，小牛电动、理想汽车跌3.3%，蔚来汽车跌3.1%，特斯拉跌1%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":890649363,"gmtCreate":1628117004652,"gmtModify":1633753557446,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890649363","repostId":"1154214794","repostType":4,"repost":{"id":"1154214794","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628085369,"share":"https://www.laohu8.com/m/news/1154214794?lang=&edition=full","pubTime":"2021-08-04 21:56","market":"us","language":"zh","title":"美股半导体板块盘初普涨，AMD涨超4%续创新高","url":"https://stock-news.laohu8.com/highlight/detail?id=1154214794","media":"老虎资讯综合","summary":"周三，美股半导体板块盘初普涨，AMD涨超4%续创新高，日月光半导体、联电涨2.5%，恩智浦半导体、台积电涨0.5%。","content":"<p>周三，美股半导体板块盘初普涨，<a href=\"https://laohu8.com/S/AMD\">AMD</a>涨超4%续创新高，<a href=\"https://laohu8.com/S/ASX\">日月光半导体</a>、<a href=\"https://laohu8.com/S/UMC\">联电</a>涨2.5%，<a href=\"https://laohu8.com/S/NXPI\">恩智浦</a>半导体、<a href=\"https://laohu8.com/S/TSM\">台积电</a>涨0.5%。</p>\n<p><img src=\"https://static.tigerbbs.com/d1dcc2d93b0d500b847fc508bbf2c6ab\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" 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0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n美股半导体板块盘初普涨，AMD涨超4%续创新高\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-08-04 21:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>周三，美股半导体板块盘初普涨，<a href=\"https://laohu8.com/S/AMD\">AMD</a>涨超4%续创新高，<a href=\"https://laohu8.com/S/ASX\">日月光半导体</a>、<a href=\"https://laohu8.com/S/UMC\">联电</a>涨2.5%，<a href=\"https://laohu8.com/S/NXPI\">恩智浦</a>半导体、<a href=\"https://laohu8.com/S/TSM\">台积电</a>涨0.5%。</p>\n<p><img src=\"https://static.tigerbbs.com/d1dcc2d93b0d500b847fc508bbf2c6ab\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9035047aab1628fa23df810d4986f063","relate_stocks":{"NXPI":"恩智浦","ASX":"日月光半导体","AMD":"美国超微公司","EWT":"台湾ETF-iShares MSCI","TSM":"台积电","UMC":"联电"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154214794","content_text":"周三，美股半导体板块盘初普涨，AMD涨超4%续创新高，日月光半导体、联电涨2.5%，恩智浦半导体、台积电涨0.5%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":890020102,"gmtCreate":1628068403706,"gmtModify":1633753898373,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890020102","repostId":"1136509692","repostType":4,"isVote":1,"tweetType":1,"viewCount":1019,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":804793140,"gmtCreate":1627978359480,"gmtModify":1633754704210,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"惨","listText":"惨","text":"惨","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804793140","repostId":"1164409501","repostType":4,"isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":808265704,"gmtCreate":1627596725208,"gmtModify":1633758053033,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808265704","repostId":"1176359827","repostType":4,"isVote":1,"tweetType":1,"viewCount":808,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":801864738,"gmtCreate":1627510191424,"gmtModify":1633764417044,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801864738","repostId":"1155682400","repostType":4,"isVote":1,"tweetType":1,"viewCount":1048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":803324853,"gmtCreate":1627423879672,"gmtModify":1633765261066,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"惨","listText":"惨","text":"惨","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/803324853","repostId":"1191522112","repostType":4,"repost":{"id":"1191522112","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627399476,"share":"https://www.laohu8.com/m/news/1191522112?lang=&edition=full","pubTime":"2021-07-27 23:24","market":"us","language":"zh","title":"中概股跌幅持续扩大，小鹏汽车跌超15%","url":"https://stock-news.laohu8.com/highlight/detail?id=1191522112","media":"老虎资讯综合","summary":"7月27日，中概股跌幅持续扩大，小鹏汽车跌超15%，理想汽车跌超11%，拼多多跌超10%，蔚来、哔哩哔哩跌超9%，阿里巴巴、京东、百度跌超5%.","content":"<p>7月27日，中概股跌幅持续扩大，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌超15%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超11%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>跌超10%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>跌超9%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/BIDU\">百度</a>跌超5%.</p>\n<p><img src=\"https://static.tigerbbs.com/fa78e3c7e10ba06edbd438da6686c91d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>中概股跌幅持续扩大，小鹏汽车跌超15%</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{ 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margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n中概股跌幅持续扩大，小鹏汽车跌超15%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-07-27 23:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>7月27日，中概股跌幅持续扩大，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌超15%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超11%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>跌超10%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>跌超9%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/BIDU\">百度</a>跌超5%.</p>\n<p><img src=\"https://static.tigerbbs.com/fa78e3c7e10ba06edbd438da6686c91d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c7da52addfd52fb216bcf87283f43750","relate_stocks":{"BABA":"阿里巴巴","BILI":"哔哩哔哩","TTTN":"老虎中美互联网巨头ETF","NIO":"蔚来","XPEV":"小鹏汽车","QNETCN":"纳斯达克中美互联网老虎指数","LI":"理想汽车","PDD":"拼多多","BIDU":"百度","09868":"小鹏汽车-W","JD":"京东"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191522112","content_text":"7月27日，中概股跌幅持续扩大，小鹏汽车跌超15%，理想汽车跌超11%，拼多多跌超10%，蔚来、哔哩哔哩跌超9%，阿里巴巴、京东、百度跌超5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":809996828,"gmtCreate":1627343010564,"gmtModify":1633766006500,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809996828","repostId":"1151266467","repostType":4,"isVote":1,"tweetType":1,"viewCount":951,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":177510147,"gmtCreate":1627250641589,"gmtModify":1633766989029,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177510147","repostId":"2153935166","repostType":4,"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":177081605,"gmtCreate":1627168887907,"gmtModify":1633767600870,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"不错","listText":"不错","text":"不错","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/177081605","repostId":"1194494092","repostType":4,"repost":{"id":"1194494092","kind":"news","pubTimestamp":1627109486,"share":"https://www.laohu8.com/m/news/1194494092?lang=&edition=full","pubTime":"2021-07-24 14:51","market":"hk","language":"zh","title":"十倍基的“秘密”，基民如何才能真正赚到钱？","url":"https://stock-news.laohu8.com/highlight/detail?id=1194494092","media":" 兴证全球基金","summary":"挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？\n为什么是十倍？\n“十倍”（Tenbagger）是美国投资大师","content":"<p>挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？</p>\n<p><b>为什么是十倍？</b></p>\n<p>“十倍”（Tenbagger）是美国投资大师彼得·林奇在其自传《One Up On Wall Street》中提及的词汇。</p>\n<p>大概意思是指企业经过长期发展，在营收与利润增长的支持下，股价能够上涨10倍的股票。</p>\n<p>彼得·林奇在自传中曾写道：<b>寻找十倍股最佳的方式就是从身边找起，在那里找不到，就去购物中心里去找，而他早期与十倍股结缘，也正是从“身边”开始的。</b></p>\n<p>彼得·林奇有一次发现自己的三个女儿都在使用来自一家名叫美体小铺（The body Shop）公司的化妆品。The body Shop 虽然是一个美妆品牌，但它在欧美地区的大多数连锁店，都是开在街角等较为显眼的地方，而不仅仅是在商场里。</p>\n<p>彼得·林奇研究发现，这家公司的产品相对标准化，价格亲民，客户覆盖的年龄段相当宽泛。通过增加特许连锁店的方式进行扩张，而且一开始就进行跨国经营，市场扩张能力很强。</p>\n<p>彼得·林奇把握住了这一机会，The body Shop 在英国上市后，股价节节攀升，最终成为名副其实的Tenbagger（十倍股）。</p>\n<p><b>公募基金市场中的Tenbagger</b></p>\n<p>Tenbagger后来也被延用到了基金圈，意指基金净值较发行时增长十倍及以上的基金，截至到2021年6月25日，国内公募基金共有56只十倍基。（数据来源：银河证券，截至2021/6/25）</p>\n<p>这些基金都经历过怎样的市场，又都有什么共同的特点呢？</p>\n<p><b>出生——大部分生于2006年及之前</b></p>\n<p>在56只基金中，除了2只基金，其余54只基金均成立于2006年及之前，经历过2006年-2007年的大牛市，也经历过2008年市场下跌，历经数度牛熊转换，截至2021年6月25日，平均成立时间16.6年。（数据来源：银河证券，截至2021/6/25）</p>\n<p><b>可见，好的投资，确实需要时间的见证。</b></p>\n<p>十倍基成立时间及对应指数点位</p>\n<p><img src=\"https://static.tigerbbs.com/2287c6895d9a9cc1d15c36637e290d10\" tg-width=\"1000\" tg-height=\"407\" referrerpolicy=\"no-referrer\"></p>\n<p>数据来源：银河证券，截至2021/6/25，柱状图代表在当年成立的十倍基数量，折线图代表沪指，左侧轴为相对应指数点位，右侧为基金成立数量。历史业绩不代表未来，基金投资需谨慎。</p>\n<p><b>成长——不总是“班上”前几名</b></p>\n<p>在十倍基的成长过程中，我们发现，它们很少能连续在单一年度业绩排在同类前几名，其中重要的原因之一是，这些基金较少会追求短期热点而放弃长期坚持的投资策略和风格。</p>\n<p>在56只十倍基中，仅有7只基金曾获得过同类别冠军（2007年-2020年），有13只基金未进入过单一年度同类前10，鲜有基金能连续两年排进同类前10。（数据来源：银河证券，截至2021/6/25）</p>\n<p>我们罗列了排在前几位的十倍基每年的“成绩单”，这些基金在短期内无法总在前1/4，但在时间的作用下价值凸显。</p>\n<p>部分十倍基“成绩单”</p>\n<p><img src=\"https://static.tigerbbs.com/971280df3e4665bafe1a50e179559917\" tg-width=\"1000\" tg-height=\"506\" referrerpolicy=\"no-referrer\"></p>\n<p>数据来源：银河证券，截至2021/6/25。历史业绩不代表未来，基金投资需谨慎。</p>\n<p><b>成人——解决“难题”是必修课</b></p>\n<p>A股市场牛短熊长，十倍基往往都经历过数个熊市，而难题也是它们的必修课。</p>\n<p>我们选取了A股市场中几个较为典型的单边下行市场，十倍基在这些市场中的平均跌幅均低于上证指数及偏股基金指数。</p>\n<p>十倍基单边下行市场表现情况</p>\n<p><img src=\"https://static.tigerbbs.com/7eb0ab7b7db6441e489079d3818e347c\" tg-width=\"1000\" tg-height=\"453\" referrerpolicy=\"no-referrer\"></p>\n<p>数据来源：wind，银河证券，截至2021/6/25</p>\n<p>尽管这是一种“上帝视角”的探究方式，但这些基金在单边下行市场中的表现，还是给了我们一定的启发。</p>\n<p>其中很重要的一条是，<b>“先求不败，再求胜”，而老练的投资者熟知，下跌50%，需要约100%的涨幅才能回到原点</b>。</p>\n<p>不仅如此，在十倍基的定期报告中我们发现，在市场较热时期，大部分的十倍基金对市场都有一定的防守倾向，2007年一季报中，上述基金中多只基金的报告中提到“提高组合防御性”；2015年部分十倍基金报告中提及“降低持股集中度”等。</p>\n<p><b>所以，十倍基不仅仅是靠着“容易”市场中的上涨，还靠着在面对难“试卷”的时候，也不会表现得太差。</b></p>\n<p><b>成功 —— “家世”与“贵人”的加成</b></p>\n<p>探究十倍基，基金公司及基金经理扮演着重要的角色。</p>\n<p>十倍基的家世，多数都拥有扎实的投研实力，这是支撑基金长期业绩优异的基础之一。</p>\n<p><b>从基金经理来看，好的基金经理可谓是十倍基的“贵人”。</b></p>\n<p>华宝证券曾制作基金经理四象限图，刻画基金经理的行业配置及投资理念。</p>\n<p>整体来看，十倍基基金经理在左侧象限较多，即行业分散或集中、行业少切换。行业均衡分散+行业少切换可以尽可能控制组合的风险；行业集中配置+行业少切换的基金经理通常较为坚定看好某一优质赛道并长期持有。</p>\n<p><img src=\"https://static.tigerbbs.com/b85062db9868a316890ff75fbab0ea3b\" tg-width=\"524\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p>\n<p>资料来源：华宝证券</p>\n<p>当然，在选择十倍基的时候，也要注意分析现任基金经理的在管时间和相关业绩表现，选择更符合自己风险收益偏好的产品。</p>\n<p><b>谁在守护“十倍基”？</b></p>\n<p><b>实际上，一只基金经历的成长、成人以及过程中的“困难时期”，持有人也一样会经历，而能陪伴基金一年者甚多，但十年者甚少。</b></p>\n<p><b>长期投资的理念是要做时间的朋友，‘我能想到最浪漫的事就是和你一起慢慢变老’。</b></p>\n<p><b>——李先生 持有基金17年</b></p>\n<p><b>最长期的基金投资不止10年，最开始是用小孩的压岁钱买的。相信投资的长期力量，会一直坚持。</b></p>\n<p><b>——韩女士 持有基金13年</b></p>\n<p><b>我有可能是唯一一个从发行到现在只买不卖的人。</b></p>\n<p><b>—— “寻找趋势百万持有人”活动留言</b></p>\n<p><b>只有经过时间的积累和努力才有收获质变的可能，一起成长，共同前行。</b></p>\n<p><b>—— 讨论区基民</b></p>\n<p>投资人记事曾做过相关研究，从基金定期报告中，找到十倍基的持有者，他们的特点是，敢于在市场恐慌的时候买入，并比多数投资者更有耐心，有人说，也许他“遗忘”了自己的持仓，但这种“遗忘”，也从另一个侧面成为了十倍基的坚定守护者。</p>\n<p><b>最后，合理的预期是投资和陪伴的前提。投资之路，既要比拼实力，也要比拼耐力，如果是一只优质的基金，不妨多给它一些时间，让价值沉淀。</b></p>","source":"lsy1619314504794","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>十倍基的“秘密”，基民如何才能真正赚到钱？</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十倍基的“秘密”，基民如何才能真正赚到钱？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 14:51 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA><strong> 兴证全球基金</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？\n为什么是十倍？\n“十倍”（Tenbagger）是美国投资大师彼得·林奇在其自传《One Up On Wall Street》中提及的词汇。\n大概意思是指企业经过长期发展，在营收与利润增长的支持下，股价能够上涨10倍的股票。\n彼得·林奇在自传中曾写道：寻找十倍股...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/753c9aba3202037bc97463c545d5d015","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194494092","content_text":"挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？\n为什么是十倍？\n“十倍”（Tenbagger）是美国投资大师彼得·林奇在其自传《One Up On Wall Street》中提及的词汇。\n大概意思是指企业经过长期发展，在营收与利润增长的支持下，股价能够上涨10倍的股票。\n彼得·林奇在自传中曾写道：寻找十倍股最佳的方式就是从身边找起，在那里找不到，就去购物中心里去找，而他早期与十倍股结缘，也正是从“身边”开始的。\n彼得·林奇有一次发现自己的三个女儿都在使用来自一家名叫美体小铺（The body Shop）公司的化妆品。The body Shop 虽然是一个美妆品牌，但它在欧美地区的大多数连锁店，都是开在街角等较为显眼的地方，而不仅仅是在商场里。\n彼得·林奇研究发现，这家公司的产品相对标准化，价格亲民，客户覆盖的年龄段相当宽泛。通过增加特许连锁店的方式进行扩张，而且一开始就进行跨国经营，市场扩张能力很强。\n彼得·林奇把握住了这一机会，The body Shop 在英国上市后，股价节节攀升，最终成为名副其实的Tenbagger（十倍股）。\n公募基金市场中的Tenbagger\nTenbagger后来也被延用到了基金圈，意指基金净值较发行时增长十倍及以上的基金，截至到2021年6月25日，国内公募基金共有56只十倍基。（数据来源：银河证券，截至2021/6/25）\n这些基金都经历过怎样的市场，又都有什么共同的特点呢？\n出生——大部分生于2006年及之前\n在56只基金中，除了2只基金，其余54只基金均成立于2006年及之前，经历过2006年-2007年的大牛市，也经历过2008年市场下跌，历经数度牛熊转换，截至2021年6月25日，平均成立时间16.6年。（数据来源：银河证券，截至2021/6/25）\n可见，好的投资，确实需要时间的见证。\n十倍基成立时间及对应指数点位\n\n数据来源：银河证券，截至2021/6/25，柱状图代表在当年成立的十倍基数量，折线图代表沪指，左侧轴为相对应指数点位，右侧为基金成立数量。历史业绩不代表未来，基金投资需谨慎。\n成长——不总是“班上”前几名\n在十倍基的成长过程中，我们发现，它们很少能连续在单一年度业绩排在同类前几名，其中重要的原因之一是，这些基金较少会追求短期热点而放弃长期坚持的投资策略和风格。\n在56只十倍基中，仅有7只基金曾获得过同类别冠军（2007年-2020年），有13只基金未进入过单一年度同类前10，鲜有基金能连续两年排进同类前10。（数据来源：银河证券，截至2021/6/25）\n我们罗列了排在前几位的十倍基每年的“成绩单”，这些基金在短期内无法总在前1/4，但在时间的作用下价值凸显。\n部分十倍基“成绩单”\n\n数据来源：银河证券，截至2021/6/25。历史业绩不代表未来，基金投资需谨慎。\n成人——解决“难题”是必修课\nA股市场牛短熊长，十倍基往往都经历过数个熊市，而难题也是它们的必修课。\n我们选取了A股市场中几个较为典型的单边下行市场，十倍基在这些市场中的平均跌幅均低于上证指数及偏股基金指数。\n十倍基单边下行市场表现情况\n\n数据来源：wind，银河证券，截至2021/6/25\n尽管这是一种“上帝视角”的探究方式，但这些基金在单边下行市场中的表现，还是给了我们一定的启发。\n其中很重要的一条是，“先求不败，再求胜”，而老练的投资者熟知，下跌50%，需要约100%的涨幅才能回到原点。\n不仅如此，在十倍基的定期报告中我们发现，在市场较热时期，大部分的十倍基金对市场都有一定的防守倾向，2007年一季报中，上述基金中多只基金的报告中提到“提高组合防御性”；2015年部分十倍基金报告中提及“降低持股集中度”等。\n所以，十倍基不仅仅是靠着“容易”市场中的上涨，还靠着在面对难“试卷”的时候，也不会表现得太差。\n成功 —— “家世”与“贵人”的加成\n探究十倍基，基金公司及基金经理扮演着重要的角色。\n十倍基的家世，多数都拥有扎实的投研实力，这是支撑基金长期业绩优异的基础之一。\n从基金经理来看，好的基金经理可谓是十倍基的“贵人”。\n华宝证券曾制作基金经理四象限图，刻画基金经理的行业配置及投资理念。\n整体来看，十倍基基金经理在左侧象限较多，即行业分散或集中、行业少切换。行业均衡分散+行业少切换可以尽可能控制组合的风险；行业集中配置+行业少切换的基金经理通常较为坚定看好某一优质赛道并长期持有。\n\n资料来源：华宝证券\n当然，在选择十倍基的时候，也要注意分析现任基金经理的在管时间和相关业绩表现，选择更符合自己风险收益偏好的产品。\n谁在守护“十倍基”？\n实际上，一只基金经历的成长、成人以及过程中的“困难时期”，持有人也一样会经历，而能陪伴基金一年者甚多，但十年者甚少。\n长期投资的理念是要做时间的朋友，‘我能想到最浪漫的事就是和你一起慢慢变老’。\n——李先生 持有基金17年\n最长期的基金投资不止10年，最开始是用小孩的压岁钱买的。相信投资的长期力量，会一直坚持。\n——韩女士 持有基金13年\n我有可能是唯一一个从发行到现在只买不卖的人。\n—— “寻找趋势百万持有人”活动留言\n只有经过时间的积累和努力才有收获质变的可能，一起成长，共同前行。\n—— 讨论区基民\n投资人记事曾做过相关研究，从基金定期报告中，找到十倍基的持有者，他们的特点是，敢于在市场恐慌的时候买入，并比多数投资者更有耐心，有人说，也许他“遗忘”了自己的持仓，但这种“遗忘”，也从另一个侧面成为了十倍基的坚定守护者。\n最后，合理的预期是投资和陪伴的前提。投资之路，既要比拼实力，也要比拼耐力，如果是一只优质的基金，不妨多给它一些时间，让价值沉淀。","news_type":1},"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":174389263,"gmtCreate":1627078393852,"gmtModify":1633768284194,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/174389263","repostId":"2153938547","repostType":2,"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":177510147,"gmtCreate":1627250641589,"gmtModify":1633766989029,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177510147","repostId":"2153935166","repostType":4,"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":177081605,"gmtCreate":1627168887907,"gmtModify":1633767600870,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"不错","listText":"不错","text":"不错","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/177081605","repostId":"1194494092","repostType":4,"repost":{"id":"1194494092","kind":"news","pubTimestamp":1627109486,"share":"https://www.laohu8.com/m/news/1194494092?lang=&edition=full","pubTime":"2021-07-24 14:51","market":"hk","language":"zh","title":"十倍基的“秘密”，基民如何才能真正赚到钱？","url":"https://stock-news.laohu8.com/highlight/detail?id=1194494092","media":" 兴证全球基金","summary":"挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？\n为什么是十倍？\n“十倍”（Tenbagger）是美国投资大师","content":"<p>挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？</p>\n<p><b>为什么是十倍？</b></p>\n<p>“十倍”（Tenbagger）是美国投资大师彼得·林奇在其自传《One Up On Wall Street》中提及的词汇。</p>\n<p>大概意思是指企业经过长期发展，在营收与利润增长的支持下，股价能够上涨10倍的股票。</p>\n<p>彼得·林奇在自传中曾写道：<b>寻找十倍股最佳的方式就是从身边找起，在那里找不到，就去购物中心里去找，而他早期与十倍股结缘，也正是从“身边”开始的。</b></p>\n<p>彼得·林奇有一次发现自己的三个女儿都在使用来自一家名叫美体小铺（The body Shop）公司的化妆品。The body Shop 虽然是一个美妆品牌，但它在欧美地区的大多数连锁店，都是开在街角等较为显眼的地方，而不仅仅是在商场里。</p>\n<p>彼得·林奇研究发现，这家公司的产品相对标准化，价格亲民，客户覆盖的年龄段相当宽泛。通过增加特许连锁店的方式进行扩张，而且一开始就进行跨国经营，市场扩张能力很强。</p>\n<p>彼得·林奇把握住了这一机会，The body Shop 在英国上市后，股价节节攀升，最终成为名副其实的Tenbagger（十倍股）。</p>\n<p><b>公募基金市场中的Tenbagger</b></p>\n<p>Tenbagger后来也被延用到了基金圈，意指基金净值较发行时增长十倍及以上的基金，截至到2021年6月25日，国内公募基金共有56只十倍基。（数据来源：银河证券，截至2021/6/25）</p>\n<p>这些基金都经历过怎样的市场，又都有什么共同的特点呢？</p>\n<p><b>出生——大部分生于2006年及之前</b></p>\n<p>在56只基金中，除了2只基金，其余54只基金均成立于2006年及之前，经历过2006年-2007年的大牛市，也经历过2008年市场下跌，历经数度牛熊转换，截至2021年6月25日，平均成立时间16.6年。（数据来源：银河证券，截至2021/6/25）</p>\n<p><b>可见，好的投资，确实需要时间的见证。</b></p>\n<p>十倍基成立时间及对应指数点位</p>\n<p><img src=\"https://static.tigerbbs.com/2287c6895d9a9cc1d15c36637e290d10\" tg-width=\"1000\" tg-height=\"407\" referrerpolicy=\"no-referrer\"></p>\n<p>数据来源：银河证券，截至2021/6/25，柱状图代表在当年成立的十倍基数量，折线图代表沪指，左侧轴为相对应指数点位，右侧为基金成立数量。历史业绩不代表未来，基金投资需谨慎。</p>\n<p><b>成长——不总是“班上”前几名</b></p>\n<p>在十倍基的成长过程中，我们发现，它们很少能连续在单一年度业绩排在同类前几名，其中重要的原因之一是，这些基金较少会追求短期热点而放弃长期坚持的投资策略和风格。</p>\n<p>在56只十倍基中，仅有7只基金曾获得过同类别冠军（2007年-2020年），有13只基金未进入过单一年度同类前10，鲜有基金能连续两年排进同类前10。（数据来源：银河证券，截至2021/6/25）</p>\n<p>我们罗列了排在前几位的十倍基每年的“成绩单”，这些基金在短期内无法总在前1/4，但在时间的作用下价值凸显。</p>\n<p>部分十倍基“成绩单”</p>\n<p><img src=\"https://static.tigerbbs.com/971280df3e4665bafe1a50e179559917\" tg-width=\"1000\" tg-height=\"506\" referrerpolicy=\"no-referrer\"></p>\n<p>数据来源：银河证券，截至2021/6/25。历史业绩不代表未来，基金投资需谨慎。</p>\n<p><b>成人——解决“难题”是必修课</b></p>\n<p>A股市场牛短熊长，十倍基往往都经历过数个熊市，而难题也是它们的必修课。</p>\n<p>我们选取了A股市场中几个较为典型的单边下行市场，十倍基在这些市场中的平均跌幅均低于上证指数及偏股基金指数。</p>\n<p>十倍基单边下行市场表现情况</p>\n<p><img src=\"https://static.tigerbbs.com/7eb0ab7b7db6441e489079d3818e347c\" tg-width=\"1000\" tg-height=\"453\" referrerpolicy=\"no-referrer\"></p>\n<p>数据来源：wind，银河证券，截至2021/6/25</p>\n<p>尽管这是一种“上帝视角”的探究方式，但这些基金在单边下行市场中的表现，还是给了我们一定的启发。</p>\n<p>其中很重要的一条是，<b>“先求不败，再求胜”，而老练的投资者熟知，下跌50%，需要约100%的涨幅才能回到原点</b>。</p>\n<p>不仅如此，在十倍基的定期报告中我们发现，在市场较热时期，大部分的十倍基金对市场都有一定的防守倾向，2007年一季报中，上述基金中多只基金的报告中提到“提高组合防御性”；2015年部分十倍基金报告中提及“降低持股集中度”等。</p>\n<p><b>所以，十倍基不仅仅是靠着“容易”市场中的上涨，还靠着在面对难“试卷”的时候，也不会表现得太差。</b></p>\n<p><b>成功 —— “家世”与“贵人”的加成</b></p>\n<p>探究十倍基，基金公司及基金经理扮演着重要的角色。</p>\n<p>十倍基的家世，多数都拥有扎实的投研实力，这是支撑基金长期业绩优异的基础之一。</p>\n<p><b>从基金经理来看，好的基金经理可谓是十倍基的“贵人”。</b></p>\n<p>华宝证券曾制作基金经理四象限图，刻画基金经理的行业配置及投资理念。</p>\n<p>整体来看，十倍基基金经理在左侧象限较多，即行业分散或集中、行业少切换。行业均衡分散+行业少切换可以尽可能控制组合的风险；行业集中配置+行业少切换的基金经理通常较为坚定看好某一优质赛道并长期持有。</p>\n<p><img src=\"https://static.tigerbbs.com/b85062db9868a316890ff75fbab0ea3b\" tg-width=\"524\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p>\n<p>资料来源：华宝证券</p>\n<p>当然，在选择十倍基的时候，也要注意分析现任基金经理的在管时间和相关业绩表现，选择更符合自己风险收益偏好的产品。</p>\n<p><b>谁在守护“十倍基”？</b></p>\n<p><b>实际上，一只基金经历的成长、成人以及过程中的“困难时期”，持有人也一样会经历，而能陪伴基金一年者甚多，但十年者甚少。</b></p>\n<p><b>长期投资的理念是要做时间的朋友，‘我能想到最浪漫的事就是和你一起慢慢变老’。</b></p>\n<p><b>——李先生 持有基金17年</b></p>\n<p><b>最长期的基金投资不止10年，最开始是用小孩的压岁钱买的。相信投资的长期力量，会一直坚持。</b></p>\n<p><b>——韩女士 持有基金13年</b></p>\n<p><b>我有可能是唯一一个从发行到现在只买不卖的人。</b></p>\n<p><b>—— “寻找趋势百万持有人”活动留言</b></p>\n<p><b>只有经过时间的积累和努力才有收获质变的可能，一起成长，共同前行。</b></p>\n<p><b>—— 讨论区基民</b></p>\n<p>投资人记事曾做过相关研究，从基金定期报告中，找到十倍基的持有者，他们的特点是，敢于在市场恐慌的时候买入，并比多数投资者更有耐心，有人说，也许他“遗忘”了自己的持仓，但这种“遗忘”，也从另一个侧面成为了十倍基的坚定守护者。</p>\n<p><b>最后，合理的预期是投资和陪伴的前提。投资之路，既要比拼实力，也要比拼耐力，如果是一只优质的基金，不妨多给它一些时间，让价值沉淀。</b></p>","source":"lsy1619314504794","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>十倍基的“秘密”，基民如何才能真正赚到钱？</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十倍基的“秘密”，基民如何才能真正赚到钱？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 14:51 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA><strong> 兴证全球基金</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？\n为什么是十倍？\n“十倍”（Tenbagger）是美国投资大师彼得·林奇在其自传《One Up On Wall Street》中提及的词汇。\n大概意思是指企业经过长期发展，在营收与利润增长的支持下，股价能够上涨10倍的股票。\n彼得·林奇在自传中曾写道：寻找十倍股...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/753c9aba3202037bc97463c545d5d015","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/yZkwS_Je07rH8a47gyUlEA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194494092","content_text":"挖掘出十倍的投资标的，无疑是所有投资者的梦想。正所谓难以实现才叫梦想，但是我们发现身边依旧有着这样一些“梦想实现者”。他们是如何做到的呢？\n为什么是十倍？\n“十倍”（Tenbagger）是美国投资大师彼得·林奇在其自传《One Up On Wall Street》中提及的词汇。\n大概意思是指企业经过长期发展，在营收与利润增长的支持下，股价能够上涨10倍的股票。\n彼得·林奇在自传中曾写道：寻找十倍股最佳的方式就是从身边找起，在那里找不到，就去购物中心里去找，而他早期与十倍股结缘，也正是从“身边”开始的。\n彼得·林奇有一次发现自己的三个女儿都在使用来自一家名叫美体小铺（The body Shop）公司的化妆品。The body Shop 虽然是一个美妆品牌，但它在欧美地区的大多数连锁店，都是开在街角等较为显眼的地方，而不仅仅是在商场里。\n彼得·林奇研究发现，这家公司的产品相对标准化，价格亲民，客户覆盖的年龄段相当宽泛。通过增加特许连锁店的方式进行扩张，而且一开始就进行跨国经营，市场扩张能力很强。\n彼得·林奇把握住了这一机会，The body Shop 在英国上市后，股价节节攀升，最终成为名副其实的Tenbagger（十倍股）。\n公募基金市场中的Tenbagger\nTenbagger后来也被延用到了基金圈，意指基金净值较发行时增长十倍及以上的基金，截至到2021年6月25日，国内公募基金共有56只十倍基。（数据来源：银河证券，截至2021/6/25）\n这些基金都经历过怎样的市场，又都有什么共同的特点呢？\n出生——大部分生于2006年及之前\n在56只基金中，除了2只基金，其余54只基金均成立于2006年及之前，经历过2006年-2007年的大牛市，也经历过2008年市场下跌，历经数度牛熊转换，截至2021年6月25日，平均成立时间16.6年。（数据来源：银河证券，截至2021/6/25）\n可见，好的投资，确实需要时间的见证。\n十倍基成立时间及对应指数点位\n\n数据来源：银河证券，截至2021/6/25，柱状图代表在当年成立的十倍基数量，折线图代表沪指，左侧轴为相对应指数点位，右侧为基金成立数量。历史业绩不代表未来，基金投资需谨慎。\n成长——不总是“班上”前几名\n在十倍基的成长过程中，我们发现，它们很少能连续在单一年度业绩排在同类前几名，其中重要的原因之一是，这些基金较少会追求短期热点而放弃长期坚持的投资策略和风格。\n在56只十倍基中，仅有7只基金曾获得过同类别冠军（2007年-2020年），有13只基金未进入过单一年度同类前10，鲜有基金能连续两年排进同类前10。（数据来源：银河证券，截至2021/6/25）\n我们罗列了排在前几位的十倍基每年的“成绩单”，这些基金在短期内无法总在前1/4，但在时间的作用下价值凸显。\n部分十倍基“成绩单”\n\n数据来源：银河证券，截至2021/6/25。历史业绩不代表未来，基金投资需谨慎。\n成人——解决“难题”是必修课\nA股市场牛短熊长，十倍基往往都经历过数个熊市，而难题也是它们的必修课。\n我们选取了A股市场中几个较为典型的单边下行市场，十倍基在这些市场中的平均跌幅均低于上证指数及偏股基金指数。\n十倍基单边下行市场表现情况\n\n数据来源：wind，银河证券，截至2021/6/25\n尽管这是一种“上帝视角”的探究方式，但这些基金在单边下行市场中的表现，还是给了我们一定的启发。\n其中很重要的一条是，“先求不败，再求胜”，而老练的投资者熟知，下跌50%，需要约100%的涨幅才能回到原点。\n不仅如此，在十倍基的定期报告中我们发现，在市场较热时期，大部分的十倍基金对市场都有一定的防守倾向，2007年一季报中，上述基金中多只基金的报告中提到“提高组合防御性”；2015年部分十倍基金报告中提及“降低持股集中度”等。\n所以，十倍基不仅仅是靠着“容易”市场中的上涨，还靠着在面对难“试卷”的时候，也不会表现得太差。\n成功 —— “家世”与“贵人”的加成\n探究十倍基，基金公司及基金经理扮演着重要的角色。\n十倍基的家世，多数都拥有扎实的投研实力，这是支撑基金长期业绩优异的基础之一。\n从基金经理来看，好的基金经理可谓是十倍基的“贵人”。\n华宝证券曾制作基金经理四象限图，刻画基金经理的行业配置及投资理念。\n整体来看，十倍基基金经理在左侧象限较多，即行业分散或集中、行业少切换。行业均衡分散+行业少切换可以尽可能控制组合的风险；行业集中配置+行业少切换的基金经理通常较为坚定看好某一优质赛道并长期持有。\n\n资料来源：华宝证券\n当然，在选择十倍基的时候，也要注意分析现任基金经理的在管时间和相关业绩表现，选择更符合自己风险收益偏好的产品。\n谁在守护“十倍基”？\n实际上，一只基金经历的成长、成人以及过程中的“困难时期”，持有人也一样会经历，而能陪伴基金一年者甚多，但十年者甚少。\n长期投资的理念是要做时间的朋友，‘我能想到最浪漫的事就是和你一起慢慢变老’。\n——李先生 持有基金17年\n最长期的基金投资不止10年，最开始是用小孩的压岁钱买的。相信投资的长期力量，会一直坚持。\n——韩女士 持有基金13年\n我有可能是唯一一个从发行到现在只买不卖的人。\n—— “寻找趋势百万持有人”活动留言\n只有经过时间的积累和努力才有收获质变的可能，一起成长，共同前行。\n—— 讨论区基民\n投资人记事曾做过相关研究，从基金定期报告中，找到十倍基的持有者，他们的特点是，敢于在市场恐慌的时候买入，并比多数投资者更有耐心，有人说，也许他“遗忘”了自己的持仓，但这种“遗忘”，也从另一个侧面成为了十倍基的坚定守护者。\n最后，合理的预期是投资和陪伴的前提。投资之路，既要比拼实力，也要比拼耐力，如果是一只优质的基金，不妨多给它一些时间，让价值沉淀。","news_type":1},"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":149016270,"gmtCreate":1625692813590,"gmtModify":1633938398935,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"任务","listText":"任务","text":"任务","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149016270","repostId":"1138737345","repostType":4,"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":803324853,"gmtCreate":1627423879672,"gmtModify":1633765261066,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"惨","listText":"惨","text":"惨","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/803324853","repostId":"1191522112","repostType":4,"repost":{"id":"1191522112","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627399476,"share":"https://www.laohu8.com/m/news/1191522112?lang=&edition=full","pubTime":"2021-07-27 23:24","market":"us","language":"zh","title":"中概股跌幅持续扩大，小鹏汽车跌超15%","url":"https://stock-news.laohu8.com/highlight/detail?id=1191522112","media":"老虎资讯综合","summary":"7月27日，中概股跌幅持续扩大，小鹏汽车跌超15%，理想汽车跌超11%，拼多多跌超10%，蔚来、哔哩哔哩跌超9%，阿里巴巴、京东、百度跌超5%.","content":"<p>7月27日，中概股跌幅持续扩大，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌超15%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超11%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>跌超10%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>跌超9%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/BIDU\">百度</a>跌超5%.</p>\n<p><img src=\"https://static.tigerbbs.com/fa78e3c7e10ba06edbd438da6686c91d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>中概股跌幅持续扩大，小鹏汽车跌超15%</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{ 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margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n中概股跌幅持续扩大，小鹏汽车跌超15%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-07-27 23:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>7月27日，中概股跌幅持续扩大，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌超15%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超11%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>跌超10%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>跌超9%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/BIDU\">百度</a>跌超5%.</p>\n<p><img src=\"https://static.tigerbbs.com/fa78e3c7e10ba06edbd438da6686c91d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c7da52addfd52fb216bcf87283f43750","relate_stocks":{"BABA":"阿里巴巴","BILI":"哔哩哔哩","TTTN":"老虎中美互联网巨头ETF","NIO":"蔚来","XPEV":"小鹏汽车","QNETCN":"纳斯达克中美互联网老虎指数","LI":"理想汽车","PDD":"拼多多","BIDU":"百度","09868":"小鹏汽车-W","JD":"京东"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191522112","content_text":"7月27日，中概股跌幅持续扩大，小鹏汽车跌超15%，理想汽车跌超11%，拼多多跌超10%，蔚来、哔哩哔哩跌超9%，阿里巴巴、京东、百度跌超5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":157493261,"gmtCreate":1625606457853,"gmtModify":1633939246469,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"吓人","listText":"吓人","text":"吓人","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157493261","repostId":"1126502465","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":154656685,"gmtCreate":1625527218647,"gmtModify":1633940077178,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"又烧钱了","listText":"又烧钱了","text":"又烧钱了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/154656685","repostId":"1143687917","repostType":4,"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":833689448,"gmtCreate":1629239438784,"gmtModify":1631891421167,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833689448","repostId":"1169436373","repostType":2,"repost":{"id":"1169436373","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629212341,"share":"https://www.laohu8.com/m/news/1169436373?lang=&edition=full","pubTime":"2021-08-17 22:59","market":"us","language":"zh","title":"中概新能源车股强势反弹，小牛电动涨超8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1169436373","media":"老虎资讯综合","summary":"周二盘中，中概新能源车股强势反弹。截至发稿，小牛电动涨超8%，小鹏汽车涨3.7%，理想汽车涨2.7%，蔚来汽车、法拉第未来涨0.8%。","content":"<p>周二盘中，中概新能源车股强势反弹。截至发稿，<a href=\"https://laohu8.com/S/NIU\">小牛电动</a>涨超8%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨3.7%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>涨2.7%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车、法拉第未来涨0.8%。</p>\n<p><img src=\"https://static.tigerbbs.com/d52a11393fb37371a18c1f63d586b6aa\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>中概新能源车股强势反弹，小牛电动涨超8%</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中概新能源车股强势反弹，小牛电动涨超8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-08-17 22:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>周二盘中，中概新能源车股强势反弹。截至发稿，<a href=\"https://laohu8.com/S/NIU\">小牛电动</a>涨超8%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨3.7%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>涨2.7%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车、法拉第未来涨0.8%。</p>\n<p><img src=\"https://static.tigerbbs.com/d52a11393fb37371a18c1f63d586b6aa\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/edb5904d62b10798f760277be625646d","relate_stocks":{"NIO":"蔚来","XPEV":"小鹏汽车","NIU":"小牛电动","LI":"理想汽车"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169436373","content_text":"周二盘中，中概新能源车股强势反弹。截至发稿，小牛电动涨超8%，小鹏汽车涨3.7%，理想汽车涨2.7%，蔚来汽车、法拉第未来涨0.8%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":801864738,"gmtCreate":1627510191424,"gmtModify":1633764417044,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801864738","repostId":"1155682400","repostType":4,"isVote":1,"tweetType":1,"viewCount":1048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":809996828,"gmtCreate":1627343010564,"gmtModify":1633766006500,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809996828","repostId":"1151266467","repostType":4,"isVote":1,"tweetType":1,"viewCount":951,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":174389263,"gmtCreate":1627078393852,"gmtModify":1633768284194,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/174389263","repostId":"2153938547","repostType":2,"repost":{"id":"2153938547","kind":"highlight","pubTimestamp":1627085070,"share":"https://www.laohu8.com/m/news/2153938547?lang=&edition=full","pubTime":"2021-07-24 08:04","market":"us","language":"en","title":"What will Apple say about the next iPhone at earnings time? Maybe more than usual","url":"https://stock-news.laohu8.com/highlight/detail?id=2153938547","media":"MarketWatch","summary":"Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few mo","content":"<p>Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few more hints about the next iPhone release when discussing results Tuesday afternoon</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1694f71fa4dec194ef63e28ffc75776f\" tg-width=\"700\" tg-height=\"495\" width=\"100%\" height=\"auto\"><span>Heavy promotions in the wireless industry likely benefited Apple's business during the June quarter.</span></p>\n<p>The pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.'s June-quarter conference call.</p>\n<p>Typically the most important tidbit coming out of fiscal third-quarter earnings, which Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> is scheduled to report Tuesday afternoon, is the company's outlook and commentary around its September-quarter revenue, which can hold clues as to what the company expects in the early days of its next smartphone launch. A strong forecast may imply that the company intends to make its new lineup available during the waning days of its fiscal year, while weaker guidance could suggest the launch will be pushed in to the calendar fourth quarter.</p>\n<p>The problem this time around is that Apple has held off on issuing a formal outlook for more than a year amid the pandemic, and it remains unclear when or if the company will resume the practice. Apple has instead been offering \"directional insights\" to offer some indication of how its results could stack up to those of prior quarters, but it has been notoriously tight-lipped about plans for iPhone launches.</p>\n<p>\"We expect the timing of iPhone 13 availability will ultimately prove to be the swing factor in [the fiscal fourth quarter], thus we anticipate the company will provide more granular directional commentary,\" wrote Monness, Crespi, Hardt &amp; Co. analyst Brian White.</p>\n<p>The coming launch is of keen interest given that the current lineup has performed well. \"The iPhone 12 cycle has been strong but we believe the next two cycles may prove challenging with units potentially down [year over year] in FY22 and FY23,\" wrote Barclays analyst Tim Long.</p>\n<p>The June quarter that Apple will report Tuesday is traditionally a slower <a href=\"https://laohu8.com/S/AONE.U\">one</a>, as consumers wait for the next iPhone launch, but the company is still expected to deliver big growth in its smartphone business. Not only does the company have the benefit of easy comparisons to the early days of the pandemic, but it should also be reaping the rewards of an unusually promotional wireless industry.</p>\n<p><b>What to watch for</b></p>\n<p><b>Earnings:</b> Analysts tracked by FactSet expect Apple to post $1.01 in earnings per share, up from 65 cents a year earlier. According to Estimize, which crowdsources projections from hedge funds, academics, and others, the average expectation is for $1.16 a share in EPS.</p>\n<p><b>Revenue: </b>The FactSet consensus calls for $73.26 billion in overall revenue, up from $59.69 billion a year prior. On Estimize, the average estimate is for $77.38 billion.</p>\n<p>On a segment level, analysts surveyed by FactSet project $34.19 billion in iPhone revenue, $7.17 billion in iPad revenue, $7.86 billion in Mac revenue, $16.26 billion in services revenue, and $7.83 billion in revenue for the wearables, home, and accessories category.</p>\n<p><b>Stock movement: </b>Apple shares have fallen after four of the past five earnings reports, though the stock is up 60% over the past 12 months as the Dow Jones Industrial Average has increased 32%.</p>\n<p>Of the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, nine have hold ratings and two have sell ratings, with an average price target of $157.88.</p>\n<p><b>What else to watch for</b></p>\n<p>Apple's iPhone business is set up for its second-largest rate of growth in at least three years, behind only what was seen in the previous quarter. Analysts tracked by FactSet are calling for $34.2 billion in iPhone revenue, up 29.4% from a year earlier.</p>\n<p>Some encouraging signals came from Verizon Communications Inc. <a href=\"https://laohu8.com/S/VZ\">$(VZ)$</a>, which recently ran a big iPhone promotion as it sought to match discounts at rival AT&amp;T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a></p>\n<p>\"Momentum built throughout the quarter, and we timed our promotions to take full advantage of the economic recovery and increased customer activity,\" Verizon Chief Financial Officer Matthew Ellis said on his company's earnings call. About 20% of Verizon's consumer base is now using 5G-enabled phones .</p>\n<p>Raymond James analyst Chris Caso noted that the quantity of upgrades might not even be the most important factor, as his analysis of iPhone carrier deals from last year found that they can be helpful in driving a greater \"mix\" of more expensive devices.</p>\n<p>\"Consumers appear to have been willing to pay the few dollars per month to upgrade to higher-end models, if the base model was offered for free,\" he wrote, based on analyzing last year's subsidies.</p>\n<p>UBS analyst David Vogt is also feeling upbeat about the business heading into the fiscal third-quarter report, pointing to positive signs in the telecommunications industry like the \"aggressive promotions\" and improving retail traffic at wireless stores.</p>\n<p>But he notes that demand may not be the big issue for Apple, as the company's overall upside is \"gated\" due to supply constraints plaguing the broader electronics industry and beyond. Apple addressed these issues on its earnings call, projecting a $3 billion to $4 billion negative revenue impact in the June quarter that was mainly expected to affect the Mac and iPad businesses.</p>\n<p>Another key narrative is how those two segments held up more generally given a return to more normalized activities outside the home. Apple's Macs and iPads were popular purchases among those needing new hardware to power remote working and schooling, but analysts will be looking to see whether the personal-computer boom is sustainable.</p>\n<p>\"While Apple will have to contend with lapping very difficult pandemic comparisons in the [June quarter] and for several quarters thereafter, we see several near-term tailwinds from both categories,\" wrote CFRA analyst Angelo Zino. \"We see corporate upgrades on the enterprise level becoming a bigger contributor to demand as the economy fully reopens across the globe.\"</p>\n<p>The coming results will also be the first gauge on demand for Apple's new colorful iMac lineup and powerful iPad Pro , both of which rolled out in the spring and feature the company's custom M1 chip.</p>","source":"lsy1603348471595","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>What will Apple say about the next iPhone at earnings time? Maybe more than usual</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\">\nWhat will Apple say about the next iPhone at earnings time? Maybe more than usual\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/what-will-apple-say-about-the-next-iphone-at-earnings-time-maybe-more-than-usual-11627077819?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few more hints about the next iPhone release when discussing results Tuesday afternoon\nHeavy promotions in...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-will-apple-say-about-the-next-iphone-at-earnings-time-maybe-more-than-usual-11627077819?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/what-will-apple-say-about-the-next-iphone-at-earnings-time-maybe-more-than-usual-11627077819?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153938547","content_text":"Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few more hints about the next iPhone release when discussing results Tuesday afternoon\nHeavy promotions in the wireless industry likely benefited Apple's business during the June quarter.\nThe pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.'s June-quarter conference call.\nTypically the most important tidbit coming out of fiscal third-quarter earnings, which Apple $(AAPL)$ is scheduled to report Tuesday afternoon, is the company's outlook and commentary around its September-quarter revenue, which can hold clues as to what the company expects in the early days of its next smartphone launch. A strong forecast may imply that the company intends to make its new lineup available during the waning days of its fiscal year, while weaker guidance could suggest the launch will be pushed in to the calendar fourth quarter.\nThe problem this time around is that Apple has held off on issuing a formal outlook for more than a year amid the pandemic, and it remains unclear when or if the company will resume the practice. Apple has instead been offering \"directional insights\" to offer some indication of how its results could stack up to those of prior quarters, but it has been notoriously tight-lipped about plans for iPhone launches.\n\"We expect the timing of iPhone 13 availability will ultimately prove to be the swing factor in [the fiscal fourth quarter], thus we anticipate the company will provide more granular directional commentary,\" wrote Monness, Crespi, Hardt & Co. analyst Brian White.\nThe coming launch is of keen interest given that the current lineup has performed well. \"The iPhone 12 cycle has been strong but we believe the next two cycles may prove challenging with units potentially down [year over year] in FY22 and FY23,\" wrote Barclays analyst Tim Long.\nThe June quarter that Apple will report Tuesday is traditionally a slower one, as consumers wait for the next iPhone launch, but the company is still expected to deliver big growth in its smartphone business. Not only does the company have the benefit of easy comparisons to the early days of the pandemic, but it should also be reaping the rewards of an unusually promotional wireless industry.\nWhat to watch for\nEarnings: Analysts tracked by FactSet expect Apple to post $1.01 in earnings per share, up from 65 cents a year earlier. According to Estimize, which crowdsources projections from hedge funds, academics, and others, the average expectation is for $1.16 a share in EPS.\nRevenue: The FactSet consensus calls for $73.26 billion in overall revenue, up from $59.69 billion a year prior. On Estimize, the average estimate is for $77.38 billion.\nOn a segment level, analysts surveyed by FactSet project $34.19 billion in iPhone revenue, $7.17 billion in iPad revenue, $7.86 billion in Mac revenue, $16.26 billion in services revenue, and $7.83 billion in revenue for the wearables, home, and accessories category.\nStock movement: Apple shares have fallen after four of the past five earnings reports, though the stock is up 60% over the past 12 months as the Dow Jones Industrial Average has increased 32%.\nOf the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, nine have hold ratings and two have sell ratings, with an average price target of $157.88.\nWhat else to watch for\nApple's iPhone business is set up for its second-largest rate of growth in at least three years, behind only what was seen in the previous quarter. Analysts tracked by FactSet are calling for $34.2 billion in iPhone revenue, up 29.4% from a year earlier.\nSome encouraging signals came from Verizon Communications Inc. $(VZ)$, which recently ran a big iPhone promotion as it sought to match discounts at rival AT&T Inc. $(T)$\n\"Momentum built throughout the quarter, and we timed our promotions to take full advantage of the economic recovery and increased customer activity,\" Verizon Chief Financial Officer Matthew Ellis said on his company's earnings call. About 20% of Verizon's consumer base is now using 5G-enabled phones .\nRaymond James analyst Chris Caso noted that the quantity of upgrades might not even be the most important factor, as his analysis of iPhone carrier deals from last year found that they can be helpful in driving a greater \"mix\" of more expensive devices.\n\"Consumers appear to have been willing to pay the few dollars per month to upgrade to higher-end models, if the base model was offered for free,\" he wrote, based on analyzing last year's subsidies.\nUBS analyst David Vogt is also feeling upbeat about the business heading into the fiscal third-quarter report, pointing to positive signs in the telecommunications industry like the \"aggressive promotions\" and improving retail traffic at wireless stores.\nBut he notes that demand may not be the big issue for Apple, as the company's overall upside is \"gated\" due to supply constraints plaguing the broader electronics industry and beyond. Apple addressed these issues on its earnings call, projecting a $3 billion to $4 billion negative revenue impact in the June quarter that was mainly expected to affect the Mac and iPad businesses.\nAnother key narrative is how those two segments held up more generally given a return to more normalized activities outside the home. Apple's Macs and iPads were popular purchases among those needing new hardware to power remote working and schooling, but analysts will be looking to see whether the personal-computer boom is sustainable.\n\"While Apple will have to contend with lapping very difficult pandemic comparisons in the [June quarter] and for several quarters thereafter, we see several near-term tailwinds from both categories,\" wrote CFRA analyst Angelo Zino. \"We see corporate upgrades on the enterprise level becoming a bigger contributor to demand as the economy fully reopens across the globe.\"\nThe coming results will also be the first gauge on demand for Apple's new colorful iMac lineup and powerful iPad Pro , both of which rolled out in the spring and feature the company's custom M1 chip.","news_type":1},"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":143131884,"gmtCreate":1625778472648,"gmtModify":1633937521924,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"烧钱","listText":"烧钱","text":"烧钱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143131884","repostId":"1117597575","repostType":4,"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":126231821,"gmtCreate":1624574147763,"gmtModify":1634004311899,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"[财迷]&nbsp;","listText":"[财迷]&nbsp;","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126231821","repostId":"1190242896","repostType":4,"repost":{"id":"1190242896","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624571770,"share":"https://www.laohu8.com/m/news/1190242896?lang=&edition=full","pubTime":"2021-06-25 05:56","market":"us","language":"zh","title":"滴滴更新招股书，IPO定价13.5美元","url":"https://stock-news.laohu8.com/highlight/detail?id=1190242896","media":"老虎资讯综合","summary":"北京时间6月25日凌晨消息，滴滴今日更新招股书，预计将把美国IPO定价设在定价区间的中部13.5美元/ADS，计划通过美国IPO发行2.88亿份ADS，代表7200万股A类普通股。\n北京时间6月11日","content":"<p>北京时间6月25日凌晨消息，滴滴今日更新招股书，预计将把美国IPO定价设在定价区间的中部13.5美元/ADS，计划通过美国IPO发行2.88亿份ADS，代表7200万股A类普通股。</p>\n<p>北京时间6月11日，滴滴出行正式向美国证券交易委员会（SEC）递交IPO申请，拟于纽交所挂牌上市，股票代码为“DIDI“。高盛、摩根士丹利、摩根大通、华兴资本担任承销商。</p>\n<p>招股书显示，在截至2021年3月31日的12个月里，滴滴全球年活跃用户为4.93亿，全球年活跃司机1500万。其中，自2020年3月31日至2021年3月31日，滴滴在中国拥有3.77亿年活跃用户和1300万年活跃司机。2021年第一季度，滴滴中国出行拥有1.56亿月活用户，中国出行业务日均交易量为2500万次。</p>\n<p>截至2021年3月，滴滴在包括中国在内的15个国家约4000多个城镇开展业务，提供网约车、出租车、顺风车、共享单车、共享电单车、代驾、车服、货运、金融和自动驾驶等服务。</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>滴滴更新招股书，IPO定价13.5美元</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滴滴更新招股书，IPO定价13.5美元\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\">2021-06-25 05:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>北京时间6月25日凌晨消息，滴滴今日更新招股书，预计将把美国IPO定价设在定价区间的中部13.5美元/ADS，计划通过美国IPO发行2.88亿份ADS，代表7200万股A类普通股。</p>\n<p>北京时间6月11日，滴滴出行正式向美国证券交易委员会（SEC）递交IPO申请，拟于纽交所挂牌上市，股票代码为“DIDI“。高盛、摩根士丹利、摩根大通、华兴资本担任承销商。</p>\n<p>招股书显示，在截至2021年3月31日的12个月里，滴滴全球年活跃用户为4.93亿，全球年活跃司机1500万。其中，自2020年3月31日至2021年3月31日，滴滴在中国拥有3.77亿年活跃用户和1300万年活跃司机。2021年第一季度，滴滴中国出行拥有1.56亿月活用户，中国出行业务日均交易量为2500万次。</p>\n<p>截至2021年3月，滴滴在包括中国在内的15个国家约4000多个城镇开展业务，提供网约车、出租车、顺风车、共享单车、共享电单车、代驾、车服、货运、金融和自动驾驶等服务。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bf210b0a9da00c82cb2c925171714e26","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190242896","content_text":"北京时间6月25日凌晨消息，滴滴今日更新招股书，预计将把美国IPO定价设在定价区间的中部13.5美元/ADS，计划通过美国IPO发行2.88亿份ADS，代表7200万股A类普通股。\n北京时间6月11日，滴滴出行正式向美国证券交易委员会（SEC）递交IPO申请，拟于纽交所挂牌上市，股票代码为“DIDI“。高盛、摩根士丹利、摩根大通、华兴资本担任承销商。\n招股书显示，在截至2021年3月31日的12个月里，滴滴全球年活跃用户为4.93亿，全球年活跃司机1500万。其中，自2020年3月31日至2021年3月31日，滴滴在中国拥有3.77亿年活跃用户和1300万年活跃司机。2021年第一季度，滴滴中国出行拥有1.56亿月活用户，中国出行业务日均交易量为2500万次。\n截至2021年3月，滴滴在包括中国在内的15个国家约4000多个城镇开展业务，提供网约车、出租车、顺风车、共享单车、共享电单车、代驾、车服、货运、金融和自动驾驶等服务。","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":838210928,"gmtCreate":1629412585664,"gmtModify":1631891421160,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"唉","listText":"唉","text":"唉","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838210928","repostId":"1162453311","repostType":2,"isVote":1,"tweetType":1,"viewCount":1401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":831654210,"gmtCreate":1629326112630,"gmtModify":1631891421162,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/831654210","repostId":"2160673584","repostType":2,"isVote":1,"tweetType":1,"viewCount":1321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":839886190,"gmtCreate":1629147880110,"gmtModify":1631891421171,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"没眼看","listText":"没眼看","text":"没眼看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839886190","repostId":"1194090310","repostType":2,"isVote":1,"tweetType":1,"viewCount":1224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":893534872,"gmtCreate":1628284686896,"gmtModify":1631891421179,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好文章","listText":"好文章","text":"好文章","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893534872","repostId":"1140688886","repostType":2,"isVote":1,"tweetType":1,"viewCount":1329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":808265704,"gmtCreate":1627596725208,"gmtModify":1633758053033,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808265704","repostId":"1176359827","repostType":4,"isVote":1,"tweetType":1,"viewCount":808,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":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23:32","market":"us","language":"zh","title":"贝索斯搭乘自家火箭飞太空，失败的概率有多大？","url":"https://stock-news.laohu8.com/highlight/detail?id=1174712972","media":"腾讯科技","summary":"腾讯科技讯 7月16日消息，当亿万富翁杰夫·贝索斯(Jeff Bezos)下周搭乘旗下蓝色起源公司飞船前往太空时，他和同伴们在亚轨道飞行中需要冒着很大的生命危险。\n美国已经进行了382次太空飞行，其中","content":"<p>腾讯科技讯 7月16日消息，当亿万富翁杰夫·贝索斯(Jeff Bezos)下周搭乘旗下蓝色起源公司飞船前往太空时，他和同伴们在亚轨道飞行中需要冒着很大的生命危险。</p>\n<p>美国已经进行了382次太空飞行，其中四次以灾难性的方式结束。太空政策与战略中心的分析显示，这意味着失败率约为1/100，远远高于商业航空旅行的危险，后者的事故率为百万分之一，也高于大多数其他地面活动。</p>\n<p>这份分析报告的合著者乔治·纳尔德（George Nield）说：“在我们获得大量经验之前，就像我们多年来在数百万次飞机飞行中所经历的那样，那么我们将会有个学习的过程。有了汽车、轮船、飞机和火车，每年都会有人死亡，而太空飞行在这方面也不会有什么不同。”</p>\n<p>但从另一个角度来看，美国太空飞行事故夺走的生命远远少于死于工伤的人数。根据美国劳工统计显示，每年大约有5000名工人死亡。相比之下，美国航天史上只有15名宇航员死亡。</p>\n<p>更重要的是，仅在2019年死亡的5333名美国工人中，运输和仓储行业就超过913人。换句话说，如果一名工人在工作中死亡，他们很有可能是在开卡车或在仓库工作。</p>\n<p>在所有行业中，超过半数工人死亡要么是因为交通事故，要么是因为滑倒、绊倒和跌倒所致。非致命性伤害和患病的比率自然要高得多。2019年，每100名工人中大约有3人在工作中生病或受伤，需要至少休息一天。</p>\n<p>不过，很难在航天和其他活动之间进行直接的统计比较，部分原因是这个行业还很新，这帮助放大了风险。此外，美国联邦航空管理局（FAA）目前被禁止发布与太空飞行参与者的健康和安全有关的规定。</p>\n<p>自2015年以来，蓝色起源公司的新谢泼德号飞船(New Shepard)已经飞行了15次，其中包括对其紧急逃生系统的三次成功测试，该系统在火箭发生故障时可以抛射载人太空舱。贝索斯的飞行将是该航天器首次载人飞行。</p>\n<p>乔治华盛顿大学太空政策研究所创始人、美国宇航局顾问委员会前成员约翰·洛格斯顿(John Logsdon)表示，蓝色起源的飞船开发方法比NASA的航天飞机项目“风险小得多”，后者第一次飞行就有完整的机组人员。</p>\n<p>与此同时，在地球上，亚马逊送货合作伙伴的司机声称，他们必须在完成配额或安全驾驶之间做出选择。贝索斯作为首席执行官的最后行动之一是强调公司目前存在的工伤问题，并承诺让亚马逊成为“世界上最安全的工作场所”。</p>\n<p>贝索斯在致股东的信中表示，他将把工作场所安全作为他继续担任执行董事长期间的重点工作之一。该公司将在2021年投资3亿美元，以在2025年之前将工伤率降低一半，其中包括一个6600万美元的项目，以防止叉车和工业车辆碰撞。</p>\n<p>洛格斯顿表示：“贝索斯是个敢于冒险的人，他当然明白太空飞行存在风险，而且可能对风险到底有多大知之甚深。”</p>","source":"lsy1580517846866","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>贝索斯搭乘自家火箭飞太空，失败的概率有多大？</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n贝索斯搭乘自家火箭飞太空，失败的概率有多大？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 23:32 北京时间&nbsp;&nbsp;&nbsp;<a href=https://new.qq.com/omn/20210716/20210716A0D0MR00.html><strong>腾讯科技</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>腾讯科技讯 7月16日消息，当亿万富翁杰夫·贝索斯(Jeff Bezos)下周搭乘旗下蓝色起源公司飞船前往太空时，他和同伴们在亚轨道飞行中需要冒着很大的生命危险。\n美国已经进行了382次太空飞行，其中四次以灾难性的方式结束。太空政策与战略中心的分析显示，这意味着失败率约为1/100，远远高于商业航空旅行的危险，后者的事故率为百万分之一，也高于大多数其他地面活动。\n这份分析报告的合著者乔治·纳尔德（...</p>\n\n<a href=\"https://new.qq.com/omn/20210716/20210716A0D0MR00.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/4eed0a995ce7fdfcf8e51dea15564b1e","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://new.qq.com/omn/20210716/20210716A0D0MR00.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174712972","content_text":"腾讯科技讯 7月16日消息，当亿万富翁杰夫·贝索斯(Jeff Bezos)下周搭乘旗下蓝色起源公司飞船前往太空时，他和同伴们在亚轨道飞行中需要冒着很大的生命危险。\n美国已经进行了382次太空飞行，其中四次以灾难性的方式结束。太空政策与战略中心的分析显示，这意味着失败率约为1/100，远远高于商业航空旅行的危险，后者的事故率为百万分之一，也高于大多数其他地面活动。\n这份分析报告的合著者乔治·纳尔德（George Nield）说：“在我们获得大量经验之前，就像我们多年来在数百万次飞机飞行中所经历的那样，那么我们将会有个学习的过程。有了汽车、轮船、飞机和火车，每年都会有人死亡，而太空飞行在这方面也不会有什么不同。”\n但从另一个角度来看，美国太空飞行事故夺走的生命远远少于死于工伤的人数。根据美国劳工统计显示，每年大约有5000名工人死亡。相比之下，美国航天史上只有15名宇航员死亡。\n更重要的是，仅在2019年死亡的5333名美国工人中，运输和仓储行业就超过913人。换句话说，如果一名工人在工作中死亡，他们很有可能是在开卡车或在仓库工作。\n在所有行业中，超过半数工人死亡要么是因为交通事故，要么是因为滑倒、绊倒和跌倒所致。非致命性伤害和患病的比率自然要高得多。2019年，每100名工人中大约有3人在工作中生病或受伤，需要至少休息一天。\n不过，很难在航天和其他活动之间进行直接的统计比较，部分原因是这个行业还很新，这帮助放大了风险。此外，美国联邦航空管理局（FAA）目前被禁止发布与太空飞行参与者的健康和安全有关的规定。\n自2015年以来，蓝色起源公司的新谢泼德号飞船(New Shepard)已经飞行了15次，其中包括对其紧急逃生系统的三次成功测试，该系统在火箭发生故障时可以抛射载人太空舱。贝索斯的飞行将是该航天器首次载人飞行。\n乔治华盛顿大学太空政策研究所创始人、美国宇航局顾问委员会前成员约翰·洛格斯顿(John Logsdon)表示，蓝色起源的飞船开发方法比NASA的航天飞机项目“风险小得多”，后者第一次飞行就有完整的机组人员。\n与此同时，在地球上，亚马逊送货合作伙伴的司机声称，他们必须在完成配额或安全驾驶之间做出选择。贝索斯作为首席执行官的最后行动之一是强调公司目前存在的工伤问题，并承诺让亚马逊成为“世界上最安全的工作场所”。\n贝索斯在致股东的信中表示，他将把工作场所安全作为他继续担任执行董事长期间的重点工作之一。该公司将在2021年投资3亿美元，以在2025年之前将工伤率降低一半，其中包括一个6600万美元的项目，以防止叉车和工业车辆碰撞。\n洛格斯顿表示：“贝索斯是个敢于冒险的人，他当然明白太空飞行存在风险，而且可能对风险到底有多大知之甚深。”","news_type":1},"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":834741161,"gmtCreate":1629844350753,"gmtModify":1631891421157,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834741161","repostId":"2161086466","repostType":2,"isVote":1,"tweetType":1,"viewCount":941,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":839886810,"gmtCreate":1629147899730,"gmtModify":1631891421168,"author":{"id":"3561267630001290","authorId":"3561267630001290","name":"allenkee","avatar":"https://static.tigerbbs.com/00702045f838537c610f1f878addf22d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561267630001290","authorIdStr":"3561267630001290"},"themes":[],"htmlText":"惨","listText":"惨","text":"惨","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839886810","repostId":"1194090310","repostType":2,"isVote":1,"tweetType":1,"viewCount":1258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}