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白色苹果
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IP属地:广西
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白色苹果
2021-03-19
$Affirm Holdings, Inc.(AFRM)$
这股烂泥扶不上墙啊。
白色苹果
2021-03-10
$Affirm Holdings, Inc.(AFRM)$
跑输大盘,这股适合做空。
白色苹果
2021-03-03
$Affirm Holdings, Inc.(AFRM)$
损失极其惨烈,索性果断割肉。买了云米还好回了些。
白色苹果
2021-03-03
$Affirm Holdings, Inc.(AFRM)$
又冲高回落,你厉害了。[捂脸]
白色苹果
2021-03-02
$Affirm Holdings, Inc.(AFRM)$
在这只上遭遇重大失败,去年熔断没中招,这只却让我套的难受,要是破90只能果断止损了。[捂脸] [捂脸]
白色苹果
2021-02-25
$Affirm Holdings, Inc.(AFRM)$
最烂的股!
白色苹果
2021-02-23
$Affirm Holdings, Inc.(AFRM)$
崩盘了吗?盘前就跌那么多。[捂脸] [喷血]
白色苹果
2021-02-19
$Affirm Holdings, Inc.(AFRM)$
见过最烂的票了,没有之一!
白色苹果
2021-02-17
$Affirm Holdings, Inc.(AFRM)$
遭到毁灭性打击!破股一枚。一下吐完所有利润,40%啊。我服了。[捂脸] [捂脸]
白色苹果
2021-02-17
$Poshmark, Inc.(POSH)$
利润全吐干净,蛋疼哦。[无语]
白色苹果
2021-02-12
$Affirm Holdings, Inc.(AFRM)$
盘后大跌,其实这两天重复上演高开低走明显看出市场早有预料,狗庄洗盘厉害。继续加仓,打死不下车!狭路相逢勇者胜!
白色苹果
2021-02-12
$Affirm Holdings, Inc.(AFRM)$
这票的庄洗的超厉害啊,但也从侧面说明了这只股值得投资。拿住就是了,别被甩下车。
白色苹果
2021-02-04
$Affirm Holdings, Inc.(AFRM)$
说好的美版花呗就这德性?割以永治!!!
白色苹果
2021-01-20
$一起教育科技(YQ)$
烂泥扶不上墙!割以永治!
白色苹果
2021-01-20
$一起教育科技(YQ)$
烂泥扶不上墙的玩意,就今晚这样的普涨行情特别是中概股普遍🐮🍺的情况下你丫又给我来个高开低走![喷血] [喷血] [喷血] [喷血]
白色苹果
2021-01-04
$秦淮数据(CD)$
这只股的庄洗盘洗的厉害呀!
白色苹果
2020-12-31
这票过山车有点狠。[财迷] [财迷]
大摩:首予一起教育科技(YQ.US)“增持”评级 预计2021年营收将增长134%
白色苹果
2020-12-30
$一起教育科技(YQ)$
见鬼了,高开低走,次次在成本线附近徘徊,小盈利走不甘心,又被套回去胸口堵的慌。这波回调幅度真的太大了。[流泪] [流泪]
白色苹果
2020-12-29
$DoorDash, Inc.(DASH)$
亏死,扶不起的阿斗。
白色苹果
2020-12-18
农村包围城市战略,牛!我看好。毕竟全世界穷人还是占多数。市场前景大。虽然负面影响很多,但一分钱一分货这个道理恒古不变。
刘强东笑了:“美版拼多多”上市,94%卖家来自中国
去老虎APP查看更多动态
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href=\"https://laohu8.com/S/YQ\">一起教育科技</a>(YQ.US),给予“增持”评级,目标价为20美元,预计2021年该公司营收将增长134%。</p><p>据悉,Zhong认为,该公司是中国最大的校内服务提供商,拥有2200万月度活跃用户。该分析师还认为,通过将校内用户转化为课后辅导在线付费用户,该公司可以在降低客户获取成本的情况下实现快速增长。Zhong表示,尽管公共卫生事件后,在线K12课外辅导行业的竞争正变得 “极其激烈”,但该分析师预计,2021年一起教育科技营收将增长134%。</p></body></html>","source":"stock_zhitongcaijing","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>大摩:首予一起教育科技(YQ.US)“增持”评级 预计2021年营收将增长134%</title>\n<style 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href=\"http://www.zhitongcaijing.com/content/detail/386146.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/24fa8350588843d92f819ac12ab5ce16","relate_stocks":{"YQ":"一起教育科技"},"source_url":"http://www.zhitongcaijing.com/content/detail/386146.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2095908577","content_text":"智通财经APP获悉,摩根士丹利分析师Sheng Zhong首次覆盖一起教育科技(YQ.US),给予“增持”评级,目标价为20美元,预计2021年该公司营收将增长134%。据悉,Zhong认为,该公司是中国最大的校内服务提供商,拥有2200万月度活跃用户。该分析师还认为,通过将校内用户转化为课后辅导在线付费用户,该公司可以在降低客户获取成本的情况下实现快速增长。Zhong表示,尽管公共卫生事件后,在线K12课外辅导行业的竞争正变得 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[流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/333291398","isVote":1,"tweetType":1,"viewCount":1105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":333355383,"gmtCreate":1609187167042,"gmtModify":1703738096668,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DASH\">$DoorDash, Inc.(DASH)$</a>亏死,扶不起的阿斗。","listText":"<a href=\"https://laohu8.com/S/DASH\">$DoorDash, Inc.(DASH)$</a>亏死,扶不起的阿斗。","text":"$DoorDash, Inc.(DASH)$亏死,扶不起的阿斗。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/333355383","isVote":1,"tweetType":1,"viewCount":1006,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":397525059,"gmtCreate":1608301565571,"gmtModify":1703852340489,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"农村包围城市战略,牛!我看好。毕竟全世界穷人还是占多数。市场前景大。虽然负面影响很多,但一分钱一分货这个道理恒古不变。","listText":"农村包围城市战略,牛!我看好。毕竟全世界穷人还是占多数。市场前景大。虽然负面影响很多,但一分钱一分货这个道理恒古不变。","text":"农村包围城市战略,牛!我看好。毕竟全世界穷人还是占多数。市场前景大。虽然负面影响很多,但一分钱一分货这个道理恒古不变。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/397525059","repostId":"1150416601","repostType":2,"repost":{"id":"1150416601","kind":"news","pubTimestamp":1608195760,"share":"https://www.laohu8.com/m/news/1150416601?lang=&edition=full","pubTime":"2020-12-17 17:02","market":"us","language":"zh","title":"刘强东笑了:“美版拼多多”上市,94%卖家来自中国","url":"https://stock-news.laohu8.com/highlight/detail?id=1150416601","media":"中国基金报","summary":"该平台提供各种打折商品,廉价的家居、服装以及电子产品。","content":"<div>\n<p>安曼\n12月16日晚,美版拼多多Wish的母公司ContextLogicInc.在纳斯达克成功上市,股票代码“WISH”。\n上市首日却破发,大跌超16%,报收20.05美元。在上市之前, Wish母公司ContextLogic将IPO发行价定为每股24美元,公司估值超过140亿美元。\n\n显然,这个收割了大批美国农村消费者的电商平台,并没有收割华尔街精英的心。\n美版拼多多:94%卖家都来自中国\n有...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/6d3z-M0_adVTj9CoD6hEAQ\">Web Link</a>\n\n</div>\n","source":"lsy1567690956989","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>刘强东笑了:“美版拼多多”上市,94%卖家来自中国</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刘强东笑了:“美版拼多多”上市,94%卖家来自中国\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-12-17 17:02 北京时间 <a href=https://mp.weixin.qq.com/s/6d3z-M0_adVTj9CoD6hEAQ><strong>中国基金报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>安曼\n12月16日晚,美版拼多多Wish的母公司ContextLogicInc.在纳斯达克成功上市,股票代码“WISH”。\n上市首日却破发,大跌超16%,报收20.05美元。在上市之前, Wish母公司ContextLogic将IPO发行价定为每股24美元,公司估值超过140亿美元。\n\n显然,这个收割了大批美国农村消费者的电商平台,并没有收割华尔街精英的心。\n美版拼多多:94%卖家都来自中国\n有...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/6d3z-M0_adVTj9CoD6hEAQ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f58632f1c61702675c2d5056d1119f49","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/6d3z-M0_adVTj9CoD6hEAQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150416601","content_text":"安曼\n12月16日晚,美版拼多多Wish的母公司ContextLogicInc.在纳斯达克成功上市,股票代码“WISH”。\n上市首日却破发,大跌超16%,报收20.05美元。在上市之前, Wish母公司ContextLogic将IPO发行价定为每股24美元,公司估值超过140亿美元。\n\n显然,这个收割了大批美国农村消费者的电商平台,并没有收割华尔街精英的心。\n美版拼多多:94%卖家都来自中国\n有美版“拼多多”之称的Wish是由华裔张晟和加拿大人彼得·苏尔泽维斯基2010年共同创办的,总部位于加州旧金山。\n为何说Wish是美版拼多多呢?从该平台的发展路径来看,它跟拼多多一样,采取了“农村包围城市”的策略。\n该平台提供各种打折商品,廉价的家居、服装以及电子产品。主要针对为低消费群体,多数商品的价格低至3美元。\n\n值得注意的是,Wish平台之所以能够提供如此低廉的价格,是因为大部分商品均从中国采购。根据Marketplace Pulse估计,Wish平台94%的卖家来自中国,其中广东卖家占27%。\n中国的商品与北美的市场相结合,Wish看起来更像一家跨境电商。\nWish在美国到底有多火?\n据媒体报道,在美国和欧洲,Wish的app下载量甚至超过亚马逊。过去三年,Wish都是全球下载量排名第一的购物类APP。凭借廉价的家居用品和服装,Wish收割了大批美国农村消费者。按销售额计,Wish是美国第三大电商平台,仅次于亚马逊和eBay。\n根据招股书显示,截止2020年9月30日,Wish月活高达1亿,已覆盖超过100个国家,每月活跃买家超过1200万,每月活跃用户超过1亿。近一年,已经成功交付6.4亿件商品,实现营收23亿美元。\n\n相比于亚马逊更加注重搜索功能的完善,Wish则强调科技和算法驱动。\nWish会根据用户和商家的行为来进行匹配,帮商家引导用户,帮用户推荐商家,实现“千人千面”,以提高效率。截至目前,Wish平台上超过70%的销售额不涉及搜索查询,而是来自个性化推荐。\n而火爆全球的抖音也采用的是“算法驱动”来增强用户粘性的。细心的消费者可能也会发现,最近淘宝也开始采用这一方法来进行个性化推荐。\n稳定盈利或成难题\n看重财务报表和盈利模式的华尔街似乎对Wish并不看好。毕竟成立十年了,一直都不能盈利。\n根据招股说明书显示,Wish在2017年、2018年、2019年营收分别为11亿美元、17.28亿美元、19亿美元;Wish在2020年前9个月营收为17.47亿美元,上年同期的营收为13.25亿美元。\n\nWish在2017年、2018年、2019年毛利分别为8.96亿美元、14.5亿美元、14.58亿美元;Wish在2020年前9个月毛利分别为11.42亿美元,上年同期的毛利为10.7亿美元。\nWish在2017年、2018年、2019年运营亏损分别为1.47亿美元、2.23亿美元、1.44亿美元;Wish在2020年前9个月运营亏损为1.2亿美元,上年同期的运营亏损为2400万美元。\nWish在2017年、2018年、2019年归属于股东净亏分别为2.47亿美元、2.08亿美元、1.36亿美元。Wish在2020年前9个月净亏损1.76亿美元。\n刘强东笑了\n迄今,Wish一共融资16亿美元,投资者包括泛大西洋投资(General Atlantic)、Founders Fund和GGV Capital等。\n其中,Wish在2015年完成超过5亿美元的融资,估值约30亿美元。\n2019年8月,Wish获泛大西洋领投的3亿美元H轮融资,估值为112亿美元。\n值得注意的是,根据美媒Recode的报道,京东在2015年的融资中,跟投了4500万至5500万美元(约3亿至3.6亿元)。\n时隔5年,Wish的估值已经超过120亿美元。这就意味着刘强东持有的这部分股权翻了4倍。\n但是投资收益暴增并不是最重要的,Wish的创始人苏尔泽维斯基在2015年融资完成之后表示,Wish将会是全球第二或第三家销售额突破万亿美元的公司,仅次于阿里巴巴,并将与亚马逊展开争夺。\n虽然美版拼多多上市首日破发,但是回想2018年拼多多上市之后,也曾遭遇多次破发,售假,被监管约谈等负面消息不断,但是进入2020年,拼多多的股价早已涨成了你高攀不起的“牛夫人”。\n美版拼多多的未来如何,我们将密切关注中。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":365742798,"gmtCreate":1614782849314,"gmtModify":1703481081838,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"<a 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href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>在这只上遭遇重大失败,去年熔断没中招,这只却让我套的难受,要是破90只能果断止损了。[捂脸] [捂脸] ","listText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>在这只上遭遇重大失败,去年熔断没中招,这只却让我套的难受,要是破90只能果断止损了。[捂脸] [捂脸] ","text":"$Affirm Holdings, Inc.(AFRM)$在这只上遭遇重大失败,去年熔断没中招,这只却让我套的难受,要是破90只能果断止损了。[捂脸] [捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/362631036","isVote":1,"tweetType":1,"viewCount":4532,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3537414620662098","authorId":"3537414620662098","name":"Williamwang","avatar":"https://static.tigerbbs.com/4c93ee6a31fe3253e71d7b84c124fc38","crmLevel":1,"crmLevelSwitch":0,"idStr":"3537414620662098","authorIdStr":"3537414620662098"},"content":"我九十二上周跑的 今天回头看了看 自己的决定是对的","text":"我九十二上周跑的 今天回头看了看 自己的决定是对的","html":"我九十二上周跑的 今天回头看了看 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href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>见过最烂的票了,没有之一!","listText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>见过最烂的票了,没有之一!","text":"$Affirm Holdings, 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href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>崩盘了吗?盘前就跌那么多。[捂脸] [喷血] ","listText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>崩盘了吗?盘前就跌那么多。[捂脸] [喷血] ","text":"$Affirm Holdings, Inc.(AFRM)$崩盘了吗?盘前就跌那么多。[捂脸] [喷血]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/369766795","isVote":1,"tweetType":1,"viewCount":3147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":385332756,"gmtCreate":1613504686275,"gmtModify":1613504686275,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, 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Inc.(AFRM)$</a>说好的美版花呗就这德性?割以永治!!!","listText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>说好的美版花呗就这德性?割以永治!!!","text":"$Affirm Holdings, Inc.(AFRM)$说好的美版花呗就这德性?割以永治!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/317225176","isVote":1,"tweetType":1,"viewCount":1341,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3489409013756733","authorId":"3489409013756733","name":"钟susu","avatar":"https://static.tigerbbs.com/dd4c7b0a08b1174047cedd57f24c5d38","crmLevel":3,"crmLevelSwitch":1,"idStr":"3489409013756733","authorIdStr":"3489409013756733"},"content":"感觉好弱啊 [无语] [无语] [无语]","text":"感觉好弱啊 [无语] [无语] [无语]","html":"感觉好弱啊 [无语] [无语] [无语]"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":391072860,"gmtCreate":1606455097550,"gmtModify":1703843138846,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"H股比A股还要垃圾的多。玩美股不香吗?","listText":"H股比A股还要垃圾的多。玩美股不香吗?","text":"H股比A股还要垃圾的多。玩美股不香吗?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/391072860","repostId":"2086200846","repostType":4,"repost":{"id":"2086200846","kind":"highlight","pubTimestamp":1606443347,"share":"https://www.laohu8.com/m/news/2086200846?lang=&edition=full","pubTime":"2020-11-27 10:15","market":"us","language":"zh","title":"李迅雷:明年投资收益率恐回落,港股或有更多机会","url":"https://stock-news.laohu8.com/highlight/detail?id=2086200846","media":"聪明投资者","summary":"今后来看,传统产业比重下降,科技比重提升这将是一个特征。","content":"<p><b>“连续两年,2019年跟2020年这两年,公募基金平均业绩的中位数都在30%以上,我想这样一种高回报从长期来看是不可持续的,所以2021年收益率回落恐怕也是难以避免的。” </b></p><p><b>“现在整个市场的开放度在进一步提高,比如说香港H股,它的估值在这两年就没有得到明显提升,那么2021年是不是会有更多机会?”</b></p><p><b>“在2004年到2009年,表现比较好的前5位是有色金属、食品、饮料、汽车、建材和煤炭。2009年到现在为止,表现好的全部都是消费类的:食品饮料第一,家电第二,消费者服务第三,电子第四,医药第五。</b></p><p><b>三个周期性的行业排名都在往下走,说明什么?说明中国经济确实是在从投资驱动向消费驱动阶段(转型)。”</b></p><p><b>“中国目前科技类个股的权重也在提升,今后来看,传统产业比重下降,科技比重提升这将是一个特征。”</b></p><p><b>“金融板块的市值指数相对稳定,但是我相信,金融板块的市值占比在今后10年肯定会显著下降。因为金融更多应该要为实体经济服务,而不是玩这种钱生钱的游戏。”</b></p><p><b>“今后肯定是强者恒强的时代,在强者恒强的时代,必然有一个问题是分化,所以分化会越来越明显。”</b></p><p><b>“企业越来越大之后,企业要承担的社会责任就要就越来越多。当企业还很小的时候,你是求生存,所以不需要你承担那么多责任,但是,当全社会这么多利润都集中在你这个企业里,那么你的责任就要大了。”</b></p><p>以上,是11月25日<b>李迅雷</b>在中国经济与社会责任高峰论坛上的最新观点。</p><p>此次演讲,李迅雷从五中全会提出的缩小收入差距目标出发,重提“第三次分配”,认为在这个过程中,资本市场、上市公司也可以做不小贡献。</p><p>他强调,五中全会进一步明确了我国资本市场的作用和意义,资本市场在今后还是能够保持繁荣发展的态势。从投资角度, 认为应该拥抱龙头企业,也可以关注港股的投资机会。</p><p>以下是聪明投资者整理的演讲全文——</p><p><img src=\"https://static.tigerbbs.com/5bea99a6de6d406e9f0ff4a35d70a428\" tg-width=\"748\" tg-height=\"433\"></p><p>如何缩小收入差距?</p><p>关注第三次分配</p><p>我前不久恰好也写了一篇文章,叫《迈向共同富裕:共识下的投资思考》,我们应该如何来做?对投资来讲,要关注什么,有哪些投资机会?</p><p>我写这篇文章也是有感而发,恰好跟今天的主题还是非常匹配的。</p><p>研究过程中我们发现,五中全会提出目标要明显缩小收入差距,要提高中等收入者的比重。那么,我们的收入差距到底有多大?</p><p>从统计局数据来看,从2016年到2019年,我国中等收入组的(人均可支配)收入增长是19%,而高收入组的收入增长是29%。</p><p>也就是说在这三年,差距又进一步拉开了。而且今年还没结束,受到疫情影响,今年的收入差距还会有明显扩大,我们看到居民可支配收入的中位数和平均数之间的差距还在扩大。</p><p>那么我们怎么来缩小收入差距呢?可以通过税收,通过转移支付,通过提高社会保障来提高。在四中全会上提出了“第三次分配”,这是一个新的提法,之前是没有的。</p><p>什么叫第三次分配?就是做大我们的社会慈善事业,通过社会捐助来缩小收入差距,提升低收入群体的收入水平,从而使得整个社会的消费能够拉高。</p><p>中国在税收和慈善领域发展空间还很大</p><p>上市公司也可以做更多贡献</p><p>因为中国经济已经从一个投资主导型的经济变为一个消费主导型的经济,而消费的增长取决于居民收入的增长。在消费中,中低收入群体又是消费的主力,那么,如何提高中低收入阶层的收入水平就显得尤为重要。</p><p>但是比较遗憾的是什么?我们的税收方面,虽然个税税率比较高,是累进税率制,但是,我们个税的税收收入占国家税收收入的比重只有7.2%。2019年美国的个税占到国家税收收入的比重是55%,其中联邦政府的个税收入要占到税收收入的80%。我们只有7%,这个差距是巨大的。</p><p>谁对我们的税收做贡献?很遗憾我们没有这方面数据,但美国是1%的富人贡献了个税收入的25%,这是税收这一块。</p><p>第二个是捐助,很遗憾我也没拿到具体数据,但是我看英国慈善救助基金会(Charities Aid Foundation)每年会公布全球的捐助指数,它总共调查了146个国家,很遗憾在这146个国家中,2018年中国是排名第142。</p><p>排在前5名的我印象当中好像有印尼、澳大利亚、新西兰、美国、爱尔兰。我想,在社会慈善领域,我们的发展空间也还是非常巨大的。</p><p>在这些方面,我想我们资本市场、我们的上市公司也是可以做贡献的。</p><p>我最近参加了好几个会议,因为我也是上交所指数编制委员会的专家。上交所编制了社会责任指数,当然,这个社会责任指数跟我们现在讲的社会责任指数有一定差异,但含义是一样的,就叫 ESG指数。</p><p>也是希望通过从对环保、对社会责任承担、对于公司治理等这些角度,让我们的企业给予社会更多的回报。</p><p>公募基金规模的大幅增加</p><p>加快了资本市场迈向理性投资的速度</p><p>这是我在讲我的报告之前先引述的一些东西。今年恰好是资本市场成立30周年,资本市场在过去30年发展也是突飞猛进,当然今年尤其明显。</p><p>我们看数据的话,过去30年沪深A股市值的占比在明显上升,伴随着资本市场的发展,公募基金等机构投资者的数量也是大幅增长。</p><p><b>我觉得社保对于机构投资者队伍的壮大也起到了非常大的贡献。</b></p><p><b>因为社保作为一个投资人,它去选择优秀的基金、优秀的基金经理,把钱委托给他们,同时也在灌输自身的一个长期投资的理念,对于投资管理人的选股,对他们的换手率都有具体要求,这样也使得机构能够更加成熟。</b></p><p>我们A股市场实际上是散户(为主的)市场,散户的交易量占到A股总交易的80%,所以我们离成熟市场还有一定距离。</p><p>但是今年以来,随着公募基金规模的大幅增加,也推动加快了资本市场迈向价值投资、理性投资的速度。</p><p>从行业指数市值看产业规模变化</p><p>周期行业占比明显下降,消费、科技占比显著提高</p><p>同时,A股市场其实也反映出我们国家的产业结构、经济结构在不断优化。</p><p>从2009年到目前的十几年时间里,传统的周期性行业占比明显在下降,行业指数的市值<b>占比从48%降到25%。</b></p><p>而大消费行业,包括可选消费、必须品、医药等等,市值比重从9%提高到30%。科技类的包括信息、电信等等,比重由2%提高到11%。</p><p><b>金融板块的市值指数相对稳定,但是我相信,金融板块的市值占比在今后10年肯定会显著下降。因为金融更多应该要为实体经济服务,而不是玩这种钱生钱的游戏,央行领导也明确也表示了。</b></p><p>所以整体来讲,我觉得整个A股市场还是处在优化当中。</p><p>A股市场那些表现比较好的行业也发生了变化。</p><p><b>比如说在2004年到2009年,表现比较好的前5位是有色金属、食品、饮料、汽车、建材和煤炭。</b></p><p><b>2009年到现在为止,表现好的全部都是消费类的:食品饮料第一,家电第二,消费者服务第三,电子第四,医药第五。</b></p><p><b>三个周期性的行业排名都在往下走,说明什么?说明中国经济确实是在从投资驱动向消费驱动阶段(转型)。</b></p><p>未来经济增长更多靠消费拉动</p><p>促进消费可以在第三次分配上做更多事情</p><p>那么消费怎么能够上去?五中全会前后我也参加过关于如何促进消费的讨论。我的建议是,我们应该还是在第三次分配上做更多的事情。</p><p>为什么不能在税收上面做?虽然有更多事情我觉得可以做,但是也要考虑到现实的困难。</p><p>比如说房产税,如果推房产税的话,对于整个房地产市场的稳定(是不是有影响),系统性金融风险是不是会引发?在这些方面有一定顾虑。</p><p>但是,中国经济在快速发展,从一个比较落后的国家成为全球第二大经济体,再过5年到10年,我觉得中国的GDP可能要到全球第一了。</p><p>现在中国的GDP是美国的75%,再过个15年到了2035年,可能美国的GDP是中国的75%。</p><p>怎么能够保持经济的可持续增长?怎么能够保证每年经济都可以有5%左右的增长?<b>还是要靠消费拉动。那么消费的增长靠什么?靠居民收入的增长,我觉得这是非常重要的。</b></p><p>政策定调</p><p>资本市场未来有更大发展空间</p><p>这次五中全会确实给予了资本市场更大的发展空间。</p><p>“十四五”规划和2035年远景目标都对我们产业发展提出了非常系统的规划,要加快发展现代产业体系,推动经济体系优化升级。</p><p>第一个就是要提升产业链供应链的现代化水平,我们现在还是处在中端水平,要从中端往中高端甚至高端发展。</p><p>第二个是要发展战略型新兴产业;</p><p>第三是要加快发展现代服务业。</p><p>所以我觉得今后产业的发展已经有明确的方向。那么如何来做到这一点?需要强化国家战略科技力量,瞄准8大科技创新的前沿领域。</p><p>我相信,<b>我们的资本市场在今后还是能够保持繁荣发展的态势。</b></p><p>为什么?</p><p>一方面我们的产业政策非常明确,通过<a href=\"https://laohu8.com/S/300832\">新产业</a>的发展来替代传统产业,然后,资本市场在这个过程中要起到<a href=\"https://laohu8.com/S/HUBG\">枢纽</a>作用,金融资本市场要为实体经济服务。</p><p><b>这一次提到资本市场时提了4个要点:</b></p><p>第一个,要全面推进注册制;</p><p>第二,要实现常规化的退市制度,只有优胜劣汰才能够使得资本市场良性循环;</p><p>第三,提高直接融资比重;</p><p>第四,推进金融双向开放,就是要扩大外资在A股中的比重,另外,中国的资金也要到海外去。</p><p>这一次五中全会进一步明确了资本市场的作用和意义,也是借助于资本的力量,为我们的实体经济服务,为经济增长服务。</p><p>分化会越来越明显,今后是强者恒强时代</p><p>企业做大后需要相应承担社会责任</p><p>同时,要优化结构,我们现在面临诸多结构问题。</p><p>这里面我觉得全球现在普遍都面临是一个收入结构的问题,<b>收入结构如果能够优化的话,消费就能起来,经济增长就是可以持续的,未来企业也会越来越大,这是势不可挡的。 </b></p><p>企业越来越大之后,企业要承担的社会责任就要就越来越多。当企业还很小的时候,你是求生存,所以不需要你承担那么多责任,但是,当全社会这么多利润都集中在你这个企业里,那么你的责任就要大了。</p><p>如果说你不承担责任,那今后经济就难以可持续发展,经济难以持续发展可能就会引发系统性金融风险,然后来倒逼你这个企业,所以我们有一句话叫“同舟共济”。</p><p>在这方面,我们应该会看到未来中国的企业市值会越来越大。</p><p>以美国为例,美国在1990年的时候,500亿美元以上市值的公司占整个美国股市的比例只有10%,现在占比达到了70%。</p><p>中国目前科技类个股的权重也在提升,今后来看,<b>传统产业比重下降,科技比重提升这将是一个特征。</b></p><p>与这个特征相关的,就是我们讲到的,<b>今后肯定是强者恒强的时代,在强者恒强的时代,必然有一个问题是分化,所以分化会越来越明显。</b></p><p>分化也意味着经济在转型,我们在过程中就要去避免分化所带来的负面影响,同时,利用分化带来的相关投资机会。</p><p>我做过统计,从目前来看,<b>按照自由流通股口径,前20%的公司,它们的市值占比从过去的40%到了现在的差不多60%,</b>如果跟美国比的话,(未来)集中度还可能继续提升。</p><p>与此相对应的是后50%的公司,中国有4000多家上市公司,后面小的2000多家上市公司,它们的合计市值在2017年的时候占20%,现在已经不到10%了,已经很小了,将来会不会再小?(我觉得)还会。</p><p>美国后面一半公司,市值大概占比只有3%,所以其实就是一个分化的时代。</p><p>对投资来讲,对PE、VC来讲,一定要选有增长潜力的公司。</p><p>另外,地域也在分化。现在好的公司都集中在北上广深,从省份来讲,还包括广东、浙江、江苏,集中度都是在提升,所以我们现在不仅面临公司分化,区域也在分化。</p><p><b>从资产配置来讲,肯定是要选择行业龙头,选择一些新兴行业中有科技含量的企业。</b></p><p>明年投资收益率回落恐怕难以避免</p><p>投资要拥抱龙头企业,港股市场可能有更多机会</p><p>我觉得2021年的市场面临着一种均值回归(的压力),(市场现在)已经体现的淋漓尽致了,连续两年,2019年跟2020年这两年,公募基金平均业绩的中位数都在30%以上。</p><p>我想这样一种高回报从长期来看是不可持续的,所以2021年收益率回落恐怕也是难以避免的。</p><p><b>投资机会来讲的话,恐怕也是不能够遵循当前这样一种选好赛道的模式了,今后来看,好赛道上你要选的是优秀的企业、龙头的企业;然后市场里面,可能要选那些被低估的好企业。</b></p><p><b>现在整个市场的开放度在进一步提高,比如说香港H股,它的估值在这两年就没有得到明显提升,那么2021年是不是会有更多机会?</b></p><p>总体来讲,这样一种分化体现得非常明显。比如说今年前三季度,美国纳斯达克100指数里,前20个股票贡献了97%的指数涨幅。</p><p><b>而A股创业板,前100个股票里面,20个股票贡献了91%的指数涨幅,</b>这都是分化的一种体现。在这种分化的现象下,我们要拥抱的那就是那些大的龙头企业。</p><p>当然,对龙头企业来讲,你怎么让自己的企业回馈社会,让企业能够取得可持续的增长,不像有些企业做大之后,没有承担起相应的社会责任。</p><p>所以最近领导去考察南通的时候,专门去了张謇的纪念馆,应该是非常有深意的。</p><p>而作为我们投资者来讲的话,你应该去投哪些企业?</p><p><b>如果这个企业能够担当社会责任,能够对环保方面有严格要求,有良好的工程治理结构的,这种企业将来受处罚、受社会各种制约的可能性就会比较小,投资也会有保障。</b></p><p>所以从这方面看,我想通过这样一个会议应该是有一个更加明确的选择方向,以上是我一些不成熟的观点,请大家批评指正,谢谢。</p>","source":"Capital-nature","collect":0,"html":"<!DOCTYPE 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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李迅雷:明年投资收益率恐回落,港股或有更多机会\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-11-27 10:15 北京时间 <a href=http://mp.weixin.qq.com/s?__biz=MzA4NTQ1MzEyNQ==&mid=2663449115&idx=1&sn=01a8722930d5d10ef780ba05191b0584&chksm=84e21231b3959b27c5e9036d5a48104b55e76871a78929de7204fea55295d9f4aba85f7f17a0&scene=0#rd><strong>聪明投资者</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“连续两年,2019年跟2020年这两年,公募基金平均业绩的中位数都在30%以上,我想这样一种高回报从长期来看是不可持续的,所以2021年收益率回落恐怕也是难以避免的。” “现在整个市场的开放度在进一步提高,比如说香港H股,它的估值在这两年就没有得到明显提升,那么2021年是不是会有更多机会?”“在2004年到2009年,表现比较好的前5位是有色金属、食品、饮料、汽车、建材和煤炭。2009年到现在...</p>\n\n<a href=\"http://mp.weixin.qq.com/s?__biz=MzA4NTQ1MzEyNQ==&mid=2663449115&idx=1&sn=01a8722930d5d10ef780ba05191b0584&chksm=84e21231b3959b27c5e9036d5a48104b55e76871a78929de7204fea55295d9f4aba85f7f17a0&scene=0#rd\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5bea99a6de6d406e9f0ff4a35d70a428","relate_stocks":{"HSI":"恒生指数"},"source_url":"http://mp.weixin.qq.com/s?__biz=MzA4NTQ1MzEyNQ==&mid=2663449115&idx=1&sn=01a8722930d5d10ef780ba05191b0584&chksm=84e21231b3959b27c5e9036d5a48104b55e76871a78929de7204fea55295d9f4aba85f7f17a0&scene=0#rd","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2086200846","content_text":"“连续两年,2019年跟2020年这两年,公募基金平均业绩的中位数都在30%以上,我想这样一种高回报从长期来看是不可持续的,所以2021年收益率回落恐怕也是难以避免的。” “现在整个市场的开放度在进一步提高,比如说香港H股,它的估值在这两年就没有得到明显提升,那么2021年是不是会有更多机会?”“在2004年到2009年,表现比较好的前5位是有色金属、食品、饮料、汽车、建材和煤炭。2009年到现在为止,表现好的全部都是消费类的:食品饮料第一,家电第二,消费者服务第三,电子第四,医药第五。三个周期性的行业排名都在往下走,说明什么?说明中国经济确实是在从投资驱动向消费驱动阶段(转型)。”“中国目前科技类个股的权重也在提升,今后来看,传统产业比重下降,科技比重提升这将是一个特征。”“金融板块的市值指数相对稳定,但是我相信,金融板块的市值占比在今后10年肯定会显著下降。因为金融更多应该要为实体经济服务,而不是玩这种钱生钱的游戏。”“今后肯定是强者恒强的时代,在强者恒强的时代,必然有一个问题是分化,所以分化会越来越明显。”“企业越来越大之后,企业要承担的社会责任就要就越来越多。当企业还很小的时候,你是求生存,所以不需要你承担那么多责任,但是,当全社会这么多利润都集中在你这个企业里,那么你的责任就要大了。”以上,是11月25日李迅雷在中国经济与社会责任高峰论坛上的最新观点。此次演讲,李迅雷从五中全会提出的缩小收入差距目标出发,重提“第三次分配”,认为在这个过程中,资本市场、上市公司也可以做不小贡献。他强调,五中全会进一步明确了我国资本市场的作用和意义,资本市场在今后还是能够保持繁荣发展的态势。从投资角度, 认为应该拥抱龙头企业,也可以关注港股的投资机会。以下是聪明投资者整理的演讲全文——如何缩小收入差距?关注第三次分配我前不久恰好也写了一篇文章,叫《迈向共同富裕:共识下的投资思考》,我们应该如何来做?对投资来讲,要关注什么,有哪些投资机会?我写这篇文章也是有感而发,恰好跟今天的主题还是非常匹配的。研究过程中我们发现,五中全会提出目标要明显缩小收入差距,要提高中等收入者的比重。那么,我们的收入差距到底有多大?从统计局数据来看,从2016年到2019年,我国中等收入组的(人均可支配)收入增长是19%,而高收入组的收入增长是29%。也就是说在这三年,差距又进一步拉开了。而且今年还没结束,受到疫情影响,今年的收入差距还会有明显扩大,我们看到居民可支配收入的中位数和平均数之间的差距还在扩大。那么我们怎么来缩小收入差距呢?可以通过税收,通过转移支付,通过提高社会保障来提高。在四中全会上提出了“第三次分配”,这是一个新的提法,之前是没有的。什么叫第三次分配?就是做大我们的社会慈善事业,通过社会捐助来缩小收入差距,提升低收入群体的收入水平,从而使得整个社会的消费能够拉高。中国在税收和慈善领域发展空间还很大上市公司也可以做更多贡献因为中国经济已经从一个投资主导型的经济变为一个消费主导型的经济,而消费的增长取决于居民收入的增长。在消费中,中低收入群体又是消费的主力,那么,如何提高中低收入阶层的收入水平就显得尤为重要。但是比较遗憾的是什么?我们的税收方面,虽然个税税率比较高,是累进税率制,但是,我们个税的税收收入占国家税收收入的比重只有7.2%。2019年美国的个税占到国家税收收入的比重是55%,其中联邦政府的个税收入要占到税收收入的80%。我们只有7%,这个差距是巨大的。谁对我们的税收做贡献?很遗憾我们没有这方面数据,但美国是1%的富人贡献了个税收入的25%,这是税收这一块。第二个是捐助,很遗憾我也没拿到具体数据,但是我看英国慈善救助基金会(Charities Aid Foundation)每年会公布全球的捐助指数,它总共调查了146个国家,很遗憾在这146个国家中,2018年中国是排名第142。排在前5名的我印象当中好像有印尼、澳大利亚、新西兰、美国、爱尔兰。我想,在社会慈善领域,我们的发展空间也还是非常巨大的。在这些方面,我想我们资本市场、我们的上市公司也是可以做贡献的。我最近参加了好几个会议,因为我也是上交所指数编制委员会的专家。上交所编制了社会责任指数,当然,这个社会责任指数跟我们现在讲的社会责任指数有一定差异,但含义是一样的,就叫 ESG指数。也是希望通过从对环保、对社会责任承担、对于公司治理等这些角度,让我们的企业给予社会更多的回报。公募基金规模的大幅增加加快了资本市场迈向理性投资的速度这是我在讲我的报告之前先引述的一些东西。今年恰好是资本市场成立30周年,资本市场在过去30年发展也是突飞猛进,当然今年尤其明显。我们看数据的话,过去30年沪深A股市值的占比在明显上升,伴随着资本市场的发展,公募基金等机构投资者的数量也是大幅增长。我觉得社保对于机构投资者队伍的壮大也起到了非常大的贡献。因为社保作为一个投资人,它去选择优秀的基金、优秀的基金经理,把钱委托给他们,同时也在灌输自身的一个长期投资的理念,对于投资管理人的选股,对他们的换手率都有具体要求,这样也使得机构能够更加成熟。我们A股市场实际上是散户(为主的)市场,散户的交易量占到A股总交易的80%,所以我们离成熟市场还有一定距离。但是今年以来,随着公募基金规模的大幅增加,也推动加快了资本市场迈向价值投资、理性投资的速度。从行业指数市值看产业规模变化周期行业占比明显下降,消费、科技占比显著提高同时,A股市场其实也反映出我们国家的产业结构、经济结构在不断优化。从2009年到目前的十几年时间里,传统的周期性行业占比明显在下降,行业指数的市值占比从48%降到25%。而大消费行业,包括可选消费、必须品、医药等等,市值比重从9%提高到30%。科技类的包括信息、电信等等,比重由2%提高到11%。金融板块的市值指数相对稳定,但是我相信,金融板块的市值占比在今后10年肯定会显著下降。因为金融更多应该要为实体经济服务,而不是玩这种钱生钱的游戏,央行领导也明确也表示了。所以整体来讲,我觉得整个A股市场还是处在优化当中。A股市场那些表现比较好的行业也发生了变化。比如说在2004年到2009年,表现比较好的前5位是有色金属、食品、饮料、汽车、建材和煤炭。2009年到现在为止,表现好的全部都是消费类的:食品饮料第一,家电第二,消费者服务第三,电子第四,医药第五。三个周期性的行业排名都在往下走,说明什么?说明中国经济确实是在从投资驱动向消费驱动阶段(转型)。未来经济增长更多靠消费拉动促进消费可以在第三次分配上做更多事情那么消费怎么能够上去?五中全会前后我也参加过关于如何促进消费的讨论。我的建议是,我们应该还是在第三次分配上做更多的事情。为什么不能在税收上面做?虽然有更多事情我觉得可以做,但是也要考虑到现实的困难。比如说房产税,如果推房产税的话,对于整个房地产市场的稳定(是不是有影响),系统性金融风险是不是会引发?在这些方面有一定顾虑。但是,中国经济在快速发展,从一个比较落后的国家成为全球第二大经济体,再过5年到10年,我觉得中国的GDP可能要到全球第一了。现在中国的GDP是美国的75%,再过个15年到了2035年,可能美国的GDP是中国的75%。怎么能够保持经济的可持续增长?怎么能够保证每年经济都可以有5%左右的增长?还是要靠消费拉动。那么消费的增长靠什么?靠居民收入的增长,我觉得这是非常重要的。政策定调资本市场未来有更大发展空间这次五中全会确实给予了资本市场更大的发展空间。“十四五”规划和2035年远景目标都对我们产业发展提出了非常系统的规划,要加快发展现代产业体系,推动经济体系优化升级。第一个就是要提升产业链供应链的现代化水平,我们现在还是处在中端水平,要从中端往中高端甚至高端发展。第二个是要发展战略型新兴产业;第三是要加快发展现代服务业。所以我觉得今后产业的发展已经有明确的方向。那么如何来做到这一点?需要强化国家战略科技力量,瞄准8大科技创新的前沿领域。我相信,我们的资本市场在今后还是能够保持繁荣发展的态势。为什么?一方面我们的产业政策非常明确,通过新产业的发展来替代传统产业,然后,资本市场在这个过程中要起到枢纽作用,金融资本市场要为实体经济服务。这一次提到资本市场时提了4个要点:第一个,要全面推进注册制;第二,要实现常规化的退市制度,只有优胜劣汰才能够使得资本市场良性循环;第三,提高直接融资比重;第四,推进金融双向开放,就是要扩大外资在A股中的比重,另外,中国的资金也要到海外去。这一次五中全会进一步明确了资本市场的作用和意义,也是借助于资本的力量,为我们的实体经济服务,为经济增长服务。分化会越来越明显,今后是强者恒强时代企业做大后需要相应承担社会责任同时,要优化结构,我们现在面临诸多结构问题。这里面我觉得全球现在普遍都面临是一个收入结构的问题,收入结构如果能够优化的话,消费就能起来,经济增长就是可以持续的,未来企业也会越来越大,这是势不可挡的。 企业越来越大之后,企业要承担的社会责任就要就越来越多。当企业还很小的时候,你是求生存,所以不需要你承担那么多责任,但是,当全社会这么多利润都集中在你这个企业里,那么你的责任就要大了。如果说你不承担责任,那今后经济就难以可持续发展,经济难以持续发展可能就会引发系统性金融风险,然后来倒逼你这个企业,所以我们有一句话叫“同舟共济”。在这方面,我们应该会看到未来中国的企业市值会越来越大。以美国为例,美国在1990年的时候,500亿美元以上市值的公司占整个美国股市的比例只有10%,现在占比达到了70%。中国目前科技类个股的权重也在提升,今后来看,传统产业比重下降,科技比重提升这将是一个特征。与这个特征相关的,就是我们讲到的,今后肯定是强者恒强的时代,在强者恒强的时代,必然有一个问题是分化,所以分化会越来越明显。分化也意味着经济在转型,我们在过程中就要去避免分化所带来的负面影响,同时,利用分化带来的相关投资机会。我做过统计,从目前来看,按照自由流通股口径,前20%的公司,它们的市值占比从过去的40%到了现在的差不多60%,如果跟美国比的话,(未来)集中度还可能继续提升。与此相对应的是后50%的公司,中国有4000多家上市公司,后面小的2000多家上市公司,它们的合计市值在2017年的时候占20%,现在已经不到10%了,已经很小了,将来会不会再小?(我觉得)还会。美国后面一半公司,市值大概占比只有3%,所以其实就是一个分化的时代。对投资来讲,对PE、VC来讲,一定要选有增长潜力的公司。另外,地域也在分化。现在好的公司都集中在北上广深,从省份来讲,还包括广东、浙江、江苏,集中度都是在提升,所以我们现在不仅面临公司分化,区域也在分化。从资产配置来讲,肯定是要选择行业龙头,选择一些新兴行业中有科技含量的企业。明年投资收益率回落恐怕难以避免投资要拥抱龙头企业,港股市场可能有更多机会我觉得2021年的市场面临着一种均值回归(的压力),(市场现在)已经体现的淋漓尽致了,连续两年,2019年跟2020年这两年,公募基金平均业绩的中位数都在30%以上。我想这样一种高回报从长期来看是不可持续的,所以2021年收益率回落恐怕也是难以避免的。投资机会来讲的话,恐怕也是不能够遵循当前这样一种选好赛道的模式了,今后来看,好赛道上你要选的是优秀的企业、龙头的企业;然后市场里面,可能要选那些被低估的好企业。现在整个市场的开放度在进一步提高,比如说香港H股,它的估值在这两年就没有得到明显提升,那么2021年是不是会有更多机会?总体来讲,这样一种分化体现得非常明显。比如说今年前三季度,美国纳斯达克100指数里,前20个股票贡献了97%的指数涨幅。而A股创业板,前100个股票里面,20个股票贡献了91%的指数涨幅,这都是分化的一种体现。在这种分化的现象下,我们要拥抱的那就是那些大的龙头企业。当然,对龙头企业来讲,你怎么让自己的企业回馈社会,让企业能够取得可持续的增长,不像有些企业做大之后,没有承担起相应的社会责任。所以最近领导去考察南通的时候,专门去了张謇的纪念馆,应该是非常有深意的。而作为我们投资者来讲的话,你应该去投哪些企业?如果这个企业能够担当社会责任,能够对环保方面有严格要求,有良好的工程治理结构的,这种企业将来受处罚、受社会各种制约的可能性就会比较小,投资也会有保障。所以从这方面看,我想通过这样一个会议应该是有一个更加明确的选择方向,以上是我一些不成熟的观点,请大家批评指正,谢谢。","news_type":1},"isVote":1,"tweetType":1,"viewCount":694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":303477225,"gmtCreate":1603256221967,"gmtModify":1703829228062,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MNSO\">$名创优品(MNSO)$</a>钱没让我赚到还想让我去光顾你的店吗?","listText":"<a href=\"https://laohu8.com/S/MNSO\">$名创优品(MNSO)$</a>钱没让我赚到还想让我去光顾你的店吗?","text":"$名创优品(MNSO)$钱没让我赚到还想让我去光顾你的店吗?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/303477225","isVote":1,"tweetType":1,"viewCount":664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":974349307,"gmtCreate":1600946430309,"gmtModify":1703823092345,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"老许,你还要恒大股票不要?如果你还要,哎,主要你开金口,我等会再给你弄两手。","listText":"老许,你还要恒大股票不要?如果你还要,哎,主要你开金口,我等会再给你弄两手。","text":"老许,你还要恒大股票不要?如果你还要,哎,主要你开金口,我等会再给你弄两手。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/974349307","repostId":"1198449892","repostType":4,"repost":{"id":"1198449892","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":1600945553,"share":"https://www.laohu8.com/m/news/1198449892?lang=&edition=full","pubTime":"2020-09-24 19:05","market":"hk","language":"zh","title":"恒大最新回应,相关文件和截图凭空捏造、纯属诽谤","url":"https://stock-news.laohu8.com/highlight/detail?id=1198449892","media":"老虎资讯综合","summary":"9月24日讯,中国恒大今晚在其官网发布声明:近日,网上流传有关我公司重组情况的谣言,相关文件和截图凭空捏造、纯属诽谤,对我公司造成严重的商誉损害。我公司强烈谴责,已向公安机关报案,坚决用法律武器维护公","content":"<p>9月24日讯,中国恒大今晚在其官网发布声明:近日,网上流传有关我公司重组情况的谣言,相关文件和截图凭空捏造、纯属诽谤,对我公司造成严重的商誉损害。我公司强烈谴责,已向公安机关报案,坚决用法律武器维护公司合法权益。</p><p><img src=\"https://static.tigerbbs.com/ccb2e2ba4265ded9d45a035f63ba9c53\" tg-width=\"907\" tg-height=\"407\">据媒体报道,9月24日,一份《恒大集团关于恳请支持重大资产重组项目的情况报告》在网络流传。该文件的接收方为广东省人民政府,印章是恒大集团有限公司,落款时间是2020年8月24日。</p><p>这份文件称,如果恒大地产不能按时完成重组,可能导致其现金流断裂,从而引发恒大集团在相关银行、信托、基金等金融机构及债券市场的交叉违约,进而产生金融系统性风险。恒大集团希望政府协调推进恒大地产借壳深圳经济特区房地产(集团)股份有限公司(深深房)事项。</p><p>受此消息影响,中国恒大股价盘中大跌,截至尾盘,跌5.58%,报15.22港元/股,最新总市值为1988.18亿港元。</p><p>此前在9月20日,深深房公告称,公司股票还将继续停牌。据了解,深深房股票自2016年9月14日开市起停牌,至今已超过4年。</p><p>基本面上,根据其发布2020年度中期业绩,该公司上半年实现销售额3488亿,营业收入2666亿,核心净利润193亿,现金余额2046亿,各项核心指标均位居行业前列。</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>恒大最新回应,相关文件和截图凭空捏造、纯属诽谤</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恒大最新回应,相关文件和截图凭空捏造、纯属诽谤\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\">2020-09-24 19:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>9月24日讯,中国恒大今晚在其官网发布声明:近日,网上流传有关我公司重组情况的谣言,相关文件和截图凭空捏造、纯属诽谤,对我公司造成严重的商誉损害。我公司强烈谴责,已向公安机关报案,坚决用法律武器维护公司合法权益。</p><p><img src=\"https://static.tigerbbs.com/ccb2e2ba4265ded9d45a035f63ba9c53\" tg-width=\"907\" tg-height=\"407\">据媒体报道,9月24日,一份《恒大集团关于恳请支持重大资产重组项目的情况报告》在网络流传。该文件的接收方为广东省人民政府,印章是恒大集团有限公司,落款时间是2020年8月24日。</p><p>这份文件称,如果恒大地产不能按时完成重组,可能导致其现金流断裂,从而引发恒大集团在相关银行、信托、基金等金融机构及债券市场的交叉违约,进而产生金融系统性风险。恒大集团希望政府协调推进恒大地产借壳深圳经济特区房地产(集团)股份有限公司(深深房)事项。</p><p>受此消息影响,中国恒大股价盘中大跌,截至尾盘,跌5.58%,报15.22港元/股,最新总市值为1988.18亿港元。</p><p>此前在9月20日,深深房公告称,公司股票还将继续停牌。据了解,深深房股票自2016年9月14日开市起停牌,至今已超过4年。</p><p>基本面上,根据其发布2020年度中期业绩,该公司上半年实现销售额3488亿,营业收入2666亿,核心净利润193亿,现金余额2046亿,各项核心指标均位居行业前列。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c6fcdaee085f89a043698b2126b966fe","relate_stocks":{"03333":"中国恒大"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198449892","content_text":"9月24日讯,中国恒大今晚在其官网发布声明:近日,网上流传有关我公司重组情况的谣言,相关文件和截图凭空捏造、纯属诽谤,对我公司造成严重的商誉损害。我公司强烈谴责,已向公安机关报案,坚决用法律武器维护公司合法权益。据媒体报道,9月24日,一份《恒大集团关于恳请支持重大资产重组项目的情况报告》在网络流传。该文件的接收方为广东省人民政府,印章是恒大集团有限公司,落款时间是2020年8月24日。这份文件称,如果恒大地产不能按时完成重组,可能导致其现金流断裂,从而引发恒大集团在相关银行、信托、基金等金融机构及债券市场的交叉违约,进而产生金融系统性风险。恒大集团希望政府协调推进恒大地产借壳深圳经济特区房地产(集团)股份有限公司(深深房)事项。受此消息影响,中国恒大股价盘中大跌,截至尾盘,跌5.58%,报15.22港元/股,最新总市值为1988.18亿港元。此前在9月20日,深深房公告称,公司股票还将继续停牌。据了解,深深房股票自2016年9月14日开市起停牌,至今已超过4年。基本面上,根据其发布2020年度中期业绩,该公司上半年实现销售额3488亿,营业收入2666亿,核心净利润193亿,现金余额2046亿,各项核心指标均位居行业前列。","news_type":1},"isVote":1,"tweetType":1,"viewCount":784,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":388400032,"gmtCreate":1613068283226,"gmtModify":1703769222561,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"<a 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href=\"https://laohu8.com/S/CD\">$秦淮数据(CD)$</a>这只股的庄洗盘洗的厉害呀!","text":"$秦淮数据(CD)$这只股的庄洗盘洗的厉害呀!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/338082769","isVote":1,"tweetType":1,"viewCount":1308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":333291398,"gmtCreate":1609270779214,"gmtModify":1703738558369,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/YQ\">$一起教育科技(YQ)$</a>见鬼了,高开低走,次次在成本线附近徘徊,小盈利走不甘心,又被套回去胸口堵的慌。这波回调幅度真的太大了。[流泪] [流泪] ","listText":"<a href=\"https://laohu8.com/S/YQ\">$一起教育科技(YQ)$</a>见鬼了,高开低走,次次在成本线附近徘徊,小盈利走不甘心,又被套回去胸口堵的慌。这波回调幅度真的太大了。[流泪] [流泪] ","text":"$一起教育科技(YQ)$见鬼了,高开低走,次次在成本线附近徘徊,小盈利走不甘心,又被套回去胸口堵的慌。这波回调幅度真的太大了。[流泪] [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/333291398","isVote":1,"tweetType":1,"viewCount":1105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":397889405,"gmtCreate":1608219331507,"gmtModify":1703851897451,"author":{"id":"3561436102745509","authorId":"3561436102745509","name":"白色苹果","avatar":"https://static.tigerbbs.com/1399c4fe19ea0a4ec7dbd1afbe9b267f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561436102745509","authorIdStr":"3561436102745509"},"themes":[],"htmlText":"这才是一家优秀企业应有的态度。[得意] ","listText":"这才是一家优秀企业应有的态度。[得意] ","text":"这才是一家优秀企业应有的态度。[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/397889405","repostId":"1127384311","repostType":4,"repost":{"id":"1127384311","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1608219112,"share":"https://www.laohu8.com/m/news/1127384311?lang=&edition=full","pubTime":"2020-12-17 23:31","market":"us","language":"zh","title":"京东集团再次致歉:没有任何理由,我们完全做错了","url":"https://stock-news.laohu8.com/highlight/detail?id=1127384311","media":"老虎资讯综合","summary":"12月17日晚间消息,$京东$集团今日发布声明,就日前京东金融低俗借贷广告一事再次道歉,表示“没有任何理由 我们完全做错了”。京东表示,将从源头查起,不放过每一个环节,围绕组织、机制、流程进行全方位诊断,从团队文化的根源深处找问题,并对相关管理者和责任人进行严肃处理。此外,面向京东集团全面反省教育,坚持做最受用户信赖的企业,杜绝类似事件的再次发生。","content":"<p>12月17日晚间消息,<a href=\"https://laohu8.com/S/JD\">京东</a>集团今日发布声明,就日前京东金融低俗借贷广告一事再次道歉,表示“没有任何理由 我们完全做错了”。</p>\n<p>京东表示,将从源头查起,不放过每一个环节,围绕组织、机制、流程进行全方位诊断,从团队文化的根源深处找问题,并对相关管理者和责任人进行严肃处理。</p>\n<p>此外,面向京东集团全面反省教育,坚持做最受用户信赖的企业,杜绝类似事件的再次发生。</p>\n<p><b>以下为京东全文:</b></p>\n<p>我们再次向大家诚挚道歉!!没有任何理由,我们完全做错了。</p>\n<p>京东金融短视频广告事件不仅仅是管理审核的问题,更是操作团队的导向、文化和价值观出了问题,一味的为了追求业绩,迷失了自我,丧失了责任,丢掉了初心!京东集团已经对该事件成立了专门的调查小组,将从源头查起,不放过每一个环节,围绕组织、机制、流程进行全方位诊断,从团队文化的根源深处找问题,并对相关管理者和责任人进行严肃处理!</p>\n<p>京东集团始终都具备极强的社会责任感,企业 价值观高于一切,对这种行为绝不认同,更不会姑息和逃避责任,感谢社会各界的批评和警示,我们将以此事件为镜,对下属企业出现的问题严格问责,面向全集团进行反省教育,坚决维护更高水平的商业伦理和运营规范,坚持做最受用户信赖的企业,杜绝类似事件的再次发生!</p>\n<p>京东集团</p>\n<p>2020年12月17日</p>\n<p><img src=\"https://static.tigerbbs.com/a7d2b67e4a9432297949971b9ac6ba12\" tg-width=\"630\" tg-height=\"1169\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>京东集团再次致歉:没有任何理由,我们完全做错了</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; 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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京东集团再次致歉:没有任何理由,我们完全做错了\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\">2020-12-17 23:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>12月17日晚间消息,<a href=\"https://laohu8.com/S/JD\">京东</a>集团今日发布声明,就日前京东金融低俗借贷广告一事再次道歉,表示“没有任何理由 我们完全做错了”。</p>\n<p>京东表示,将从源头查起,不放过每一个环节,围绕组织、机制、流程进行全方位诊断,从团队文化的根源深处找问题,并对相关管理者和责任人进行严肃处理。</p>\n<p>此外,面向京东集团全面反省教育,坚持做最受用户信赖的企业,杜绝类似事件的再次发生。</p>\n<p><b>以下为京东全文:</b></p>\n<p>我们再次向大家诚挚道歉!!没有任何理由,我们完全做错了。</p>\n<p>京东金融短视频广告事件不仅仅是管理审核的问题,更是操作团队的导向、文化和价值观出了问题,一味的为了追求业绩,迷失了自我,丧失了责任,丢掉了初心!京东集团已经对该事件成立了专门的调查小组,将从源头查起,不放过每一个环节,围绕组织、机制、流程进行全方位诊断,从团队文化的根源深处找问题,并对相关管理者和责任人进行严肃处理!</p>\n<p>京东集团始终都具备极强的社会责任感,企业 价值观高于一切,对这种行为绝不认同,更不会姑息和逃避责任,感谢社会各界的批评和警示,我们将以此事件为镜,对下属企业出现的问题严格问责,面向全集团进行反省教育,坚决维护更高水平的商业伦理和运营规范,坚持做最受用户信赖的企业,杜绝类似事件的再次发生!</p>\n<p>京东集团</p>\n<p>2020年12月17日</p>\n<p><img src=\"https://static.tigerbbs.com/a7d2b67e4a9432297949971b9ac6ba12\" tg-width=\"630\" tg-height=\"1169\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cf5337c9c7bc23ec872d30a10fe10327","relate_stocks":{"09618":"京东集团-SW","JD":"京东"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127384311","content_text":"12月17日晚间消息,京东集团今日发布声明,就日前京东金融低俗借贷广告一事再次道歉,表示“没有任何理由 我们完全做错了”。\n京东表示,将从源头查起,不放过每一个环节,围绕组织、机制、流程进行全方位诊断,从团队文化的根源深处找问题,并对相关管理者和责任人进行严肃处理。\n此外,面向京东集团全面反省教育,坚持做最受用户信赖的企业,杜绝类似事件的再次发生。\n以下为京东全文:\n我们再次向大家诚挚道歉!!没有任何理由,我们完全做错了。\n京东金融短视频广告事件不仅仅是管理审核的问题,更是操作团队的导向、文化和价值观出了问题,一味的为了追求业绩,迷失了自我,丧失了责任,丢掉了初心!京东集团已经对该事件成立了专门的调查小组,将从源头查起,不放过每一个环节,围绕组织、机制、流程进行全方位诊断,从团队文化的根源深处找问题,并对相关管理者和责任人进行严肃处理!\n京东集团始终都具备极强的社会责任感,企业 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