咚隆隆咚锵的个人主页 - 老虎社区

咚隆隆咚锵

咚隆隆咚锵

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咚隆隆咚锵

2021-12-25

任务[微笑]

咚隆隆咚锵

2021-12-24

任务[微笑] [微笑]

咚隆隆咚锵

2021-12-21

任务[开心] [开心]

咚隆隆咚锵

2021-11-01

这篇文章不错，转发给大家看

@小虎活动:[Halloween Game] Trade or Treat!

咚隆隆咚锵

2021-10-31

这篇文章不错，转发给大家看

@小虎活动:[Halloween Game] Trade or Treat!

咚隆隆咚锵

2021-10-30

这篇文章不错，转发给大家看

@小虎活动:[Halloween Game] Trade or Treat!

咚隆隆咚锵

2021-10-29

这篇文章不错，转发给大家看

@小虎活动:[Halloween Game] Trade or Treat!

咚隆隆咚锵

2021-09-15

任务

提醒：中秋节休市安排来了！港股22日休市

咚隆隆咚锵

2021-08-05

任务

抱歉，原内容已删除

咚隆隆咚锵

2021-07-27

任务

抱歉，原内容已删除

咚隆隆咚锵

2021-07-23

[思考]

抱歉，原内容已删除

咚隆隆咚锵

2021-07-19

[微笑]

抱歉，原内容已删除

咚隆隆咚锵

2021-07-18

[吃瓜]

抱歉，原内容已删除

咚隆隆咚锵

2021-07-09

[惊吓] [晕]

抱歉，原内容已删除

咚隆隆咚锵

2021-07-08

[捂脸]

咚隆隆咚锵

2021-07-08

[流泪]

咚隆隆咚锵

2021-07-01

希望$滴滴(DIDI)$今天能大涨[龇牙]

咚隆隆咚锵

2021-06-29

[思考]

抱歉，原内容已删除

咚隆隆咚锵

2021-06-28

[吃瓜]

抱歉，原内容已删除

咚隆隆咚锵

2021-06-26

[微笑]

抱歉，原内容已删除

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All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857217162,"gmtCreate":1635528815254,"gmtModify":1635528815356,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575081339899839","authorIdStr":"3575081339899839"},"themes":[],"htmlText":"这篇文章不错，转发给大家看","listText":"这篇文章不错，转发给大家看","text":"这篇文章不错，转发给大家看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857217162","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857985646,"gmtCreate":1635502400095,"gmtModify":1635502441001,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575081339899839","authorIdStr":"3575081339899839"},"themes":[],"htmlText":"这篇文章不错，转发给大家看","listText":"这篇文章不错，转发给大家看","text":"这篇文章不错，转发给大家看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857985646","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. 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Each player has 30 seconds to catch falling candies while 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10:40","market":"us","language":"zh","title":"提醒：中秋节休市安排来了！港股22日休市","url":"https://stock-news.laohu8.com/highlight/detail?id=1100031374","media":"老虎资讯综合","summary":"2021年中秋节假期即将来临！各主要市场休市安排如下：港股：\n\n\n9月22日（周三）休市。9月23日（周四）起照常开市。\n\n\nA股：\n\n\n9月20日（周一）至9月21日（周二）休市。9月22日（周三）起照常开市。\n\n\n美股、英股、澳股、新加坡股市照常交易。\n\n\n沪股通和深股通：\n\n\n9月17日（周五）至9月22日（周三）关闭。9月23日（周四）起照常开通。\n\n\n港股通：\n\n\n9月16日（周四）至9月22日（周三）关闭。9月23日（周四）起照常开通。","content":"<p>2021年中秋节假期即将来临！各主要市场休市安排如下：<img src=\"https://static.tigerbbs.com/a514042f0cc485274181ed3db4bcf541\" tg-width=\"1103\" tg-height=\"746\" width=\"100%\" height=\"auto\"><b>港股：</b></p>\n<p>9月22日（周三）休市。9月23日（周四）起照常开市。</p>\n<p><b>A股：</b></p>\n<p>9月20日（周一）至9月21日（周二）休市。9月22日（周三）起照常开市。</p>\n<p><b>美股、英股、澳股、新加坡股市照常交易。</b></p>\n<p><b>沪股通和深股通：</b></p>\n<p>9月17日（周五）至9月22日（周三）关闭。9月23日（周四）起照常开通。</p>\n<p><b>港股通：</b></p>\n<p>9月16日（周四）至9月22日（周三）关闭。9月23日（周四）起照常开通。</p>\n<p><img src=\"https://static.tigerbbs.com/75ca986d45037f1a0b113e295b82f3f9\" tg-width=\"2048\" tg-height=\"1311\" 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}\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提醒：中秋节休市安排来了！港股22日休市\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\">2021-09-14 10:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>2021年中秋节假期即将来临！各主要市场休市安排如下：<img src=\"https://static.tigerbbs.com/a514042f0cc485274181ed3db4bcf541\" tg-width=\"1103\" tg-height=\"746\" width=\"100%\" height=\"auto\"><b>港股：</b></p>\n<p>9月22日（周三）休市。9月23日（周四）起照常开市。</p>\n<p><b>A股：</b></p>\n<p>9月20日（周一）至9月21日（周二）休市。9月22日（周三）起照常开市。</p>\n<p><b>美股、英股、澳股、新加坡股市照常交易。</b></p>\n<p><b>沪股通和深股通：</b></p>\n<p>9月17日（周五）至9月22日（周三）关闭。9月23日（周四）起照常开通。</p>\n<p><b>港股通：</b></p>\n<p>9月16日（周四）至9月22日（周三）关闭。9月23日（周四）起照常开通。</p>\n<p><img src=\"https://static.tigerbbs.com/75ca986d45037f1a0b113e295b82f3f9\" tg-width=\"2048\" tg-height=\"1311\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/75ca986d45037f1a0b113e295b82f3f9","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100031374","content_text":"2021年中秋节假期即将来临！各主要市场休市安排如下：港股：\n9月22日（周三）休市。9月23日（周四）起照常开市。\nA股：\n9月20日（周一）至9月21日（周二）休市。9月22日（周三）起照常开市。\n美股、英股、澳股、新加坡股市照常交易。\n沪股通和深股通：\n9月17日（周五）至9月22日（周三）关闭。9月23日（周四）起照常开通。\n港股通：\n9月16日（周四）至9月22日（周三）关闭。9月23日（周四）起照常开通。","news_type":1},"isVote":1,"tweetType":1,"viewCount":881,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":899848278,"gmtCreate":1628175341994,"gmtModify":1631889542840,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575081339899839","authorIdStr":"3575081339899839"},"themes":[],"htmlText":"任务","listText":"任务","text":"任务","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/899848278","repostId":"1190718429","repostType":4,"isVote":1,"tweetType":1,"viewCount":581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":809456998,"gmtCreate":1627389327414,"gmtModify":1631889542843,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575081339899839","authorIdStr":"3575081339899839"},"themes":[],"htmlText":"任务","listText":"任务","text":"任务","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/809456998","repostId":"2154997151","repostType":4,"isVote":1,"tweetType":1,"viewCount":653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":175588985,"gmtCreate":1627041657347,"gmtModify":1631889542843,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575081339899839","authorIdStr":"3575081339899839"},"themes":[],"htmlText":"[思考]&nbsp;","listText":"[思考]&nbsp;","text":"[思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/175588985","repostId":"1134459550","repostType":4,"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":171379799,"gmtCreate":1626709050411,"gmtModify":1631889542848,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575081339899839","authorIdStr":"3575081339899839"},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/171379799","repostId":"2151507202","repostType":4,"isVote":1,"tweetType":1,"viewCount":528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":179277581,"gmtCreate":1626545529743,"gmtModify":1631889542851,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575081339899839","authorIdStr":"3575081339899839"},"themes":[],"htmlText":"[吃瓜]&nbsp;","listText":"[吃瓜]&nbsp;","text":"[吃瓜]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/179277581","repostId":"1169032103","repostType":4,"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":143754098,"gmtCreate":1625819912214,"gmtModify":1631889542854,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575081339899839","authorIdStr":"3575081339899839"},"themes":[],"htmlText":"[惊吓]&nbsp;[晕]&nbsp;","listText":"[惊吓]&nbsp;[晕]&nbsp;","text":"[惊吓] 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23:00","market":"us","language":"zh","title":"蔚来的下一张牌：押注科技？","url":"https://stock-news.laohu8.com/highlight/detail?id=2151507202","media":"全天候科技","summary":"随着新能源汽车站上了强风口，新造车们除了比拼性能、服务、交付能力外，科技实力也正在成为更重要的角力场。\n7月16日，全球首个蔚来科技展厅于中国第一高楼——上海中心大厦正式面向公众开放。\n该展厅不仅陈列","content":"<p>随着新能源汽车站上了强风口，新造车们除了比拼性能、服务、交付能力外，科技实力也正在成为更重要的角力场。</p>\n<p>7月16日，全球首个<a href=\"https://laohu8.com/S/NIO\">蔚来</a>科技展厅于中国第一高楼——上海中心大厦正式面向公众开放。</p>\n<p>该展厅不仅陈列了蔚来<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>电动旗舰轿车ET7的车辆材质、搭载的最新自动驾驶技术NAD的科技细节、NIO Aquila蔚来超感系统、NIO Adam蔚来超算平台，还把旗舰车型蔚来ES8的白车身带到了展厅现场。</p>\n<p>据悉，这是国内首个独立研发量产的轻量化全铝车身，铝含量96.4%，采用航空级7003铝合金。下方底盘为双叉臂加多连杆结构，可承受5吨的超高承压及高达60个大气压。</p>\n<p>值得一提的是，蔚来还从超4200项专利里精选了561项专利发明，在展厅中打造了一面“蔚来专利墙”，覆盖整车制造与设计、三电（电池、电机、电控）技术、换电和充电技术、自动驾驶技术、数字座舱技术、车联网技术等全领域。</p>\n<p>蔚来汽车助理副总裁、上海区域总经理夏庆华向全天候科技表示，蔚来科技展厅从今年4月开始概念设计到最后展出，耗时约3个月，但由于展厅内产品均为已有内容，实际只花费了约一周的时间打造展馆。蔚来希望让更多人知道，除了服务之外，在前瞻科技领域也已经做了很多。</p>\n<p>不难看出，蔚来汽车想要通过此举对外展示科技实力，强调科技公司的概念。</p>\n<p>财报显示，2018年-2020年，蔚来汽车的研发投入分别为39.98亿元、44.29亿元、24.88亿元，占当年总营收的比重分别为80.75%、56.59%、15.30%。虽然研发投入占总营收比重逐年下降，但横向对比国内其它“造车新势力”，这部分投入依然处于行业前列。</p>\n<p><b>“成立到现在，蔚来投入的研发成本大概有400多亿元。接下来几年，每年也将保持50亿元以上的研发投入。”夏庆华向全天候科技透露。</b></p>\n<p>经历了2019年的黑暗时刻，蔚来似乎已经走出低谷，2020年营收和整车交付量均实现翻倍增长。得益于高毛利率车型ES8和EC6的交付量增加，公司毛利率也开始转正，亏损同比收窄幅度也超过50%。</p>\n<p>随之而来的是股价飞涨。2019年10月31日，蔚来汽车美股一度创历史新低，跌至1.19美元；而截至2021年7月16日收盘，股价已经涨至43.68美元，累计涨幅超2770%。</p>\n<p>从交付量上看，蔚来2020年全年交付量达43728台，同比增长达到112.6%。2021年一季度，蔚来汽车单季交付量首次突破2万大关，达到2.01万辆，同比增长422.7%，环比增长15.6%。按照夏庆华的说法，今年上半年交付量已经超过去年全年。</p>\n<p>趟过资本狂欢，跌入过低谷，再重新站上高岗的蔚来接下来将如何发展？还受制于哪些因素？带着这些问题，全天候科技与蔚来上海区域总经理夏庆华进行了对话，试图找到答案。</p>\n<p><b>以下为部分对话内容（经全天候科技编辑整理）：</b></p>\n<h2><b>打造未来概念店</b></h2>\n<p>全天候科技：未来会将概念店推广到所有城市的线下门店吗？</p>\n<p>夏庆华：这是两个方向。</p>\n<p>蔚来Neo House是车主分享快乐、共同成长的空间，接下来我们会针对每个城市不同地点的Neo House做一些有特色的东西。</p>\n<p>比如，上海中信大厦是中国第一高楼、代表着高度，所以这个Neo House应该展现最前瞻的科技。而在上海南京西路兴业太古汇的Neo House，可能除了展示车和生活方式之外，会有时尚相关的元素。</p>\n<p>全天候科技：Neo House似乎没有一个集中打造的概念，而是同时输出了非常多的概念？</p>\n<p>夏庆华：是。因为这些都是蔚来体系一直在做的，无论是时尚相关，还是Neo Life。我们只需根据地方的风土人情、区域的文化特征，往里适当加一些元素。</p>\n<p>蔚来带给用户的东西与之前没有变化，它还是生产高端智能电动车，提供用户好的用车体验、好的生活方式，这些基调不变。</p>\n<p>之前没有一个固定的地方告诉市场，蔚来是一家除了大家公认服务最好的公司之外，在前瞻科技领域原来已经做了这么多。所以，我们想把这些东西（科技实力）拿出来给大家看。</p>\n<h2><b>现阶段换电是重投入</b></h2>\n<p>全天候科技：对于用户充电的问题，蔚来既接受直接更换电池的方式，也在持续建设换电站。未来两种途径是否会有侧重？</p>\n<p>夏庆华：的确，几年前有车企会非常坚决地说只做更高电压、更大电流的充电桩，不做换电，但去年也开始考虑做换电。</p>\n<p>蔚来始终坚持车、站、桩、人、云这5个要素一起做。所谓“车”，就是移动充电车；“站”，就是换电站；“桩”，就是三款交流、小支流“超充”；“人”，指我们有一个很庞大的道路服务团队帮用户做一键家电；“云”，就是整个云的调动系统。</p>\n<p>在充电这件事上，蔚来就是最早做换电，也是最成熟的公司。我们在全国已经有400多个发电站，全国的换电安全标准也是蔚来牵头起草。</p>\n<p>全天候科技：换电和布局充电桩两种方式，从蔚来的视角，哪个成本更高？</p>\n<p>夏庆华：目前，“家充桩”是随车送的，含在整车成本里；功率20千瓦的“家充快充桩”，是我们自己主动去布局的，一般在商场、写字楼附近；180千瓦的“超充桩”，与<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>现在的超充是类似性质。</p>\n<p>不管是换电，还是这套充电设施，我们对车主是有一定次数限制的免费。比如，全国的车主，如果装了充电桩，每个月有4次免费换电；如果没装充电桩，每个月有6次免费换电。</p>\n<p>所以，对我们来讲，现阶段还是对车主的福利。以后会不会把保有量持续增加，或者适当把权益再降一点也有可能。总体而言，目前从成本角度都是蔚来在投入的。</p>\n<p>回到刚才成本的问题，我没特别仔细算过。但从效率上，肯定换电站比充电桩的效率要高，一个换电站服务1000台左右车基本没问题。</p>\n<h2>向供应链上游扎根</h2>\n<p>全天候科技：去年蔚来汽车量产超过4万台，今年上半年量产达到了去年全年水平。如果按此估计，今年量产大概会提升一倍？</p>\n<p>夏庆华：这个以财报数字为准。</p>\n<p>全天候科技：我们注意到有企业近两年才进入智能电动车赛道，目标却是在2020年实现量产100万台汽车。智能汽车量产曲线应该是怎样的？能够这么快实现指数级增长吗？</p>\n<p>夏庆华：与工厂设计的产能有关。比如，我们合肥的生产线，单班一年产量10万台，如果三班倒就是每年30万台。本身这投入的就是10万台的产能线，如果奔着50万年产能的强度去投资，翻2番做100万是有可能的。</p>\n<p>量产取决的因素非常多。比如，是不是真的有人买，是不是真的能下线。</p>\n<p>上下游产业链，包括做电机、做芯片、座椅、玻璃、门把手、悬架、轮胎等等，是不是会帮他准备100万产能的零部件供应。</p>\n<p>全天候科技：目前限制智能电动汽车量产的关键原因是什么？</p>\n<p>夏庆华：现阶段肯定芯片是会有一定影响。蔚来智能电动车对芯片的需求量达到每台几百个。几百个各种不同型号的芯片，任何一个出现问题，可能都会有一些影响。</p>\n<p>今年上半年，我们就因为芯片的限制停了5天工。但从近几个月看，经过我们供应链团队的努力，基本上也解决得差不多了。</p>\n<p>全天候科技：意思是芯片的问题基本解决了？</p>\n<p>夏庆华：大家就得按天去盯着。举个例子，之前大多数的汽车厂商需要中控大屏，就直接跟供应商说好下个月需要8000块大屏，厂商等着就好。至于屏幕和它里边的芯片等等，根本不用去操心，上游供应商会去解决。</p>\n<p>这几年，站到蔚来的角度，我们甚至已经不光是要找供应商，还要找他们上游做芯片、做屏幕等等的供应商，一块帮助协调这些供应商上游产线的供应。</p>\n<p>车企要想保证自己的产能，必须要向供应链上游扎得更深一些。</p>","source":"awtmt_stock","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>蔚来的下一张牌：押注科技？</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{ 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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蔚来的下一张牌：押注科技？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 23:00 北京时间&nbsp;&nbsp;&nbsp;<a href=https://api.jianyuweb.com/apiv1/content/articles/3635628?extract=1><strong>全天候科技</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>随着新能源汽车站上了强风口，新造车们除了比拼性能、服务、交付能力外，科技实力也正在成为更重要的角力场。\n7月16日，全球首个蔚来科技展厅于中国第一高楼——上海中心大厦正式面向公众开放。\n该展厅不仅陈列了蔚来智能电动旗舰轿车ET7的车辆材质、搭载的最新自动驾驶技术NAD的科技细节、NIO Aquila蔚来超感系统、NIO Adam蔚来超算平台，还把旗舰车型蔚来ES8的白车身带到了展厅现场。\n据悉，...</p>\n\n<a href=\"https://api.jianyuweb.com/apiv1/content/articles/3635628?extract=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/feebf0ff4401232c3ecc332f566f18e0","relate_stocks":{"NIO":"蔚来"},"source_url":"https://api.jianyuweb.com/apiv1/content/articles/3635628?extract=1","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151507202","content_text":"随着新能源汽车站上了强风口，新造车们除了比拼性能、服务、交付能力外，科技实力也正在成为更重要的角力场。\n7月16日，全球首个蔚来科技展厅于中国第一高楼——上海中心大厦正式面向公众开放。\n该展厅不仅陈列了蔚来智能电动旗舰轿车ET7的车辆材质、搭载的最新自动驾驶技术NAD的科技细节、NIO Aquila蔚来超感系统、NIO Adam蔚来超算平台，还把旗舰车型蔚来ES8的白车身带到了展厅现场。\n据悉，这是国内首个独立研发量产的轻量化全铝车身，铝含量96.4%，采用航空级7003铝合金。下方底盘为双叉臂加多连杆结构，可承受5吨的超高承压及高达60个大气压。\n值得一提的是，蔚来还从超4200项专利里精选了561项专利发明，在展厅中打造了一面“蔚来专利墙”，覆盖整车制造与设计、三电（电池、电机、电控）技术、换电和充电技术、自动驾驶技术、数字座舱技术、车联网技术等全领域。\n蔚来汽车助理副总裁、上海区域总经理夏庆华向全天候科技表示，蔚来科技展厅从今年4月开始概念设计到最后展出，耗时约3个月，但由于展厅内产品均为已有内容，实际只花费了约一周的时间打造展馆。蔚来希望让更多人知道，除了服务之外，在前瞻科技领域也已经做了很多。\n不难看出，蔚来汽车想要通过此举对外展示科技实力，强调科技公司的概念。\n财报显示，2018年-2020年，蔚来汽车的研发投入分别为39.98亿元、44.29亿元、24.88亿元，占当年总营收的比重分别为80.75%、56.59%、15.30%。虽然研发投入占总营收比重逐年下降，但横向对比国内其它“造车新势力”，这部分投入依然处于行业前列。\n“成立到现在，蔚来投入的研发成本大概有400多亿元。接下来几年，每年也将保持50亿元以上的研发投入。”夏庆华向全天候科技透露。\n经历了2019年的黑暗时刻，蔚来似乎已经走出低谷，2020年营收和整车交付量均实现翻倍增长。得益于高毛利率车型ES8和EC6的交付量增加，公司毛利率也开始转正，亏损同比收窄幅度也超过50%。\n随之而来的是股价飞涨。2019年10月31日，蔚来汽车美股一度创历史新低，跌至1.19美元；而截至2021年7月16日收盘，股价已经涨至43.68美元，累计涨幅超2770%。\n从交付量上看，蔚来2020年全年交付量达43728台，同比增长达到112.6%。2021年一季度，蔚来汽车单季交付量首次突破2万大关，达到2.01万辆，同比增长422.7%，环比增长15.6%。按照夏庆华的说法，今年上半年交付量已经超过去年全年。\n趟过资本狂欢，跌入过低谷，再重新站上高岗的蔚来接下来将如何发展？还受制于哪些因素？带着这些问题，全天候科技与蔚来上海区域总经理夏庆华进行了对话，试图找到答案。\n以下为部分对话内容（经全天候科技编辑整理）：\n打造未来概念店\n全天候科技：未来会将概念店推广到所有城市的线下门店吗？\n夏庆华：这是两个方向。\n蔚来Neo House是车主分享快乐、共同成长的空间，接下来我们会针对每个城市不同地点的Neo House做一些有特色的东西。\n比如，上海中信大厦是中国第一高楼、代表着高度，所以这个Neo House应该展现最前瞻的科技。而在上海南京西路兴业太古汇的Neo House，可能除了展示车和生活方式之外，会有时尚相关的元素。\n全天候科技：Neo House似乎没有一个集中打造的概念，而是同时输出了非常多的概念？\n夏庆华：是。因为这些都是蔚来体系一直在做的，无论是时尚相关，还是Neo Life。我们只需根据地方的风土人情、区域的文化特征，往里适当加一些元素。\n蔚来带给用户的东西与之前没有变化，它还是生产高端智能电动车，提供用户好的用车体验、好的生活方式，这些基调不变。\n之前没有一个固定的地方告诉市场，蔚来是一家除了大家公认服务最好的公司之外，在前瞻科技领域原来已经做了这么多。所以，我们想把这些东西（科技实力）拿出来给大家看。\n现阶段换电是重投入\n全天候科技：对于用户充电的问题，蔚来既接受直接更换电池的方式，也在持续建设换电站。未来两种途径是否会有侧重？\n夏庆华：的确，几年前有车企会非常坚决地说只做更高电压、更大电流的充电桩，不做换电，但去年也开始考虑做换电。\n蔚来始终坚持车、站、桩、人、云这5个要素一起做。所谓“车”，就是移动充电车；“站”，就是换电站；“桩”，就是三款交流、小支流“超充”；“人”，指我们有一个很庞大的道路服务团队帮用户做一键家电；“云”，就是整个云的调动系统。\n在充电这件事上，蔚来就是最早做换电，也是最成熟的公司。我们在全国已经有400多个发电站，全国的换电安全标准也是蔚来牵头起草。\n全天候科技：换电和布局充电桩两种方式，从蔚来的视角，哪个成本更高？\n夏庆华：目前，“家充桩”是随车送的，含在整车成本里；功率20千瓦的“家充快充桩”，是我们自己主动去布局的，一般在商场、写字楼附近；180千瓦的“超充桩”，与特斯拉现在的超充是类似性质。\n不管是换电，还是这套充电设施，我们对车主是有一定次数限制的免费。比如，全国的车主，如果装了充电桩，每个月有4次免费换电；如果没装充电桩，每个月有6次免费换电。\n所以，对我们来讲，现阶段还是对车主的福利。以后会不会把保有量持续增加，或者适当把权益再降一点也有可能。总体而言，目前从成本角度都是蔚来在投入的。\n回到刚才成本的问题，我没特别仔细算过。但从效率上，肯定换电站比充电桩的效率要高，一个换电站服务1000台左右车基本没问题。\n向供应链上游扎根\n全天候科技：去年蔚来汽车量产超过4万台，今年上半年量产达到了去年全年水平。如果按此估计，今年量产大概会提升一倍？\n夏庆华：这个以财报数字为准。\n全天候科技：我们注意到有企业近两年才进入智能电动车赛道，目标却是在2020年实现量产100万台汽车。智能汽车量产曲线应该是怎样的？能够这么快实现指数级增长吗？\n夏庆华：与工厂设计的产能有关。比如，我们合肥的生产线，单班一年产量10万台，如果三班倒就是每年30万台。本身这投入的就是10万台的产能线，如果奔着50万年产能的强度去投资，翻2番做100万是有可能的。\n量产取决的因素非常多。比如，是不是真的有人买，是不是真的能下线。\n上下游产业链，包括做电机、做芯片、座椅、玻璃、门把手、悬架、轮胎等等，是不是会帮他准备100万产能的零部件供应。\n全天候科技：目前限制智能电动汽车量产的关键原因是什么？\n夏庆华：现阶段肯定芯片是会有一定影响。蔚来智能电动车对芯片的需求量达到每台几百个。几百个各种不同型号的芯片，任何一个出现问题，可能都会有一些影响。\n今年上半年，我们就因为芯片的限制停了5天工。但从近几个月看，经过我们供应链团队的努力，基本上也解决得差不多了。\n全天候科技：意思是芯片的问题基本解决了？\n夏庆华：大家就得按天去盯着。举个例子，之前大多数的汽车厂商需要中控大屏，就直接跟供应商说好下个月需要8000块大屏，厂商等着就好。至于屏幕和它里边的芯片等等，根本不用去操心，上游供应商会去解决。\n这几年，站到蔚来的角度，我们甚至已经不光是要找供应商，还要找他们上游做芯片、做屏幕等等的供应商，一块帮助协调这些供应商上游产线的供应。\n车企要想保证自己的产能，必须要向供应链上游扎得更深一些。","news_type":1},"isVote":1,"tweetType":1,"viewCount":528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":158376604,"gmtCreate":1625132928008,"gmtModify":1631889542866,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575081339899839","idStr":"3575081339899839"},"themes":[],"htmlText":"希望<a 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10:40","market":"us","language":"zh","title":"提醒：中秋节休市安排来了！港股22日休市","url":"https://stock-news.laohu8.com/highlight/detail?id=1100031374","media":"老虎资讯综合","summary":"2021年中秋节假期即将来临！各主要市场休市安排如下：港股：\n\n\n9月22日（周三）休市。9月23日（周四）起照常开市。\n\n\nA股：\n\n\n9月20日（周一）至9月21日（周二）休市。9月22日（周三）起照常开市。\n\n\n美股、英股、澳股、新加坡股市照常交易。\n\n\n沪股通和深股通：\n\n\n9月17日（周五）至9月22日（周三）关闭。9月23日（周四）起照常开通。\n\n\n港股通：\n\n\n9月16日（周四）至9月22日（周三）关闭。9月23日（周四）起照常开通。","content":"<p>2021年中秋节假期即将来临！各主要市场休市安排如下：<img src=\"https://static.tigerbbs.com/a514042f0cc485274181ed3db4bcf541\" tg-width=\"1103\" tg-height=\"746\" width=\"100%\" height=\"auto\"><b>港股：</b></p>\n<p>9月22日（周三）休市。9月23日（周四）起照常开市。</p>\n<p><b>A股：</b></p>\n<p>9月20日（周一）至9月21日（周二）休市。9月22日（周三）起照常开市。</p>\n<p><b>美股、英股、澳股、新加坡股市照常交易。</b></p>\n<p><b>沪股通和深股通：</b></p>\n<p>9月17日（周五）至9月22日（周三）关闭。9月23日（周四）起照常开通。</p>\n<p><b>港股通：</b></p>\n<p>9月16日（周四）至9月22日（周三）关闭。9月23日（周四）起照常开通。</p>\n<p><img src=\"https://static.tigerbbs.com/75ca986d45037f1a0b113e295b82f3f9\" tg-width=\"2048\" tg-height=\"1311\" 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>提醒：中秋节休市安排来了！港股22日休市</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提醒：中秋节休市安排来了！港股22日休市\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\">2021-09-14 10:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>2021年中秋节假期即将来临！各主要市场休市安排如下：<img src=\"https://static.tigerbbs.com/a514042f0cc485274181ed3db4bcf541\" tg-width=\"1103\" tg-height=\"746\" width=\"100%\" height=\"auto\"><b>港股：</b></p>\n<p>9月22日（周三）休市。9月23日（周四）起照常开市。</p>\n<p><b>A股：</b></p>\n<p>9月20日（周一）至9月21日（周二）休市。9月22日（周三）起照常开市。</p>\n<p><b>美股、英股、澳股、新加坡股市照常交易。</b></p>\n<p><b>沪股通和深股通：</b></p>\n<p>9月17日（周五）至9月22日（周三）关闭。9月23日（周四）起照常开通。</p>\n<p><b>港股通：</b></p>\n<p>9月16日（周四）至9月22日（周三）关闭。9月23日（周四）起照常开通。</p>\n<p><img src=\"https://static.tigerbbs.com/75ca986d45037f1a0b113e295b82f3f9\" tg-width=\"2048\" tg-height=\"1311\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/75ca986d45037f1a0b113e295b82f3f9","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100031374","content_text":"2021年中秋节假期即将来临！各主要市场休市安排如下：港股：\n9月22日（周三）休市。9月23日（周四）起照常开市。\nA股：\n9月20日（周一）至9月21日（周二）休市。9月22日（周三）起照常开市。\n美股、英股、澳股、新加坡股市照常交易。\n沪股通和深股通：\n9月17日（周五）至9月22日（周三）关闭。9月23日（周四）起照常开通。\n港股通：\n9月16日（周四）至9月22日（周三）关闭。9月23日（周四）起照常开通。","news_type":1},"isVote":1,"tweetType":1,"viewCount":881,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":143754098,"gmtCreate":1625819912214,"gmtModify":1631889542854,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575081339899839","idStr":"3575081339899839"},"themes":[],"htmlText":"[惊吓]&nbsp;[晕]&nbsp;","listText":"[惊吓]&nbsp;[晕]&nbsp;","text":"[惊吓] [晕]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/143754098","repostId":"2150322851","repostType":4,"isVote":1,"tweetType":1,"viewCount":509,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":149706778,"gmtCreate":1625747068794,"gmtModify":1631889542863,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575081339899839","idStr":"3575081339899839"},"themes":[],"htmlText":"[捂脸]&nbsp;","listText":"[捂脸]&nbsp;","text":"[捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/149706778","isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":125674055,"gmtCreate":1624673421777,"gmtModify":1631891793777,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575081339899839","idStr":"3575081339899839"},"themes":[],"htmlText":"[正经]&nbsp;[思考]&nbsp;","listText":"[正经]&nbsp;[思考]&nbsp;","text":"[正经] [思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/125674055","repostId":"1144578857","repostType":4,"repost":{"id":"1144578857","pubTimestamp":1624669637,"share":"https://www.laohu8.com/m/news/1144578857?lang=&edition=full","pubTime":"2021-06-26 09:07","market":"us","language":"zh","title":"游戏驿站，估值堆高后慌了","url":"https://stock-news.laohu8.com/highlight/detail?id=1144578857","media":"BT财经","summary":"先把估值做上去，再给市场慢慢讲故事——Gamestop（游戏驿站）如此待遇，全球二级市场可谓独一份。\n一般的上市公司遭遇增长乏力和“估值危机”时，往往会绞尽脑汁为资本讲述新故事。\n但游戏驿站（Game","content":"<p>先把估值做上去，再给市场慢慢讲故事——Gamestop（<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>）如此待遇，全球二级市场可谓独一份。</p>\n<p>一般的上市公司遭遇增长乏力和“估值危机”时，往往会绞尽脑汁为资本讲述新故事。</p>\n<p>但游戏驿站（Gamestop，NYSE: GME）成长的烦恼却恰恰相反——今年年初，公司估值在散户和机构的“史诗级”交火中被推至前所未有的高度，后几经震荡，目前依旧维持在美股200美元以上的高位。</p>\n<p>如今游戏驿站似乎正在被倒逼着向市场讲述新故事，毕竟股价都涨成这样了，没理由再躺平，必须来点“增长”了。</p>\n<p>6月上旬游戏驿站发布的财报显示，公司最新财年一季度（截至2021年2月—4月）销售同比增长25%，再度获得了市场的关注。BT财经梳理了全球媒体和机构对这份财报的观点：当前游戏驿站估值依然高企、严重脱离基本面，对业绩的分析已经失去作用，击鼓传花的“博傻游戏”仍在继续……</p>\n<p><img src=\"https://static.tigerbbs.com/9babaa9539e8692241de7f4a0a90e1d4\" tg-width=\"840\" tg-height=\"470\"></p>\n<p><b>销售增长25%，电商“新故事”不新</b></p>\n<p>最新发布的财报显示，本财年第一季度游戏驿站营收增长25.1%，达到12.77亿美元；毛利方面，该季度录得3.30亿美元，同比增长16.9%；但归母净利润为负，录得-6680万美元。公司营收录得增长，和电商业务的发力及初显成效有关。</p>\n<p>与预期相比，公司营收略超出市场预期（Refinitiv报预期营收11.6亿美元），但亏损也较预期更为严重。对于游戏驿站这种估值严重背离基本面的企业来说，业绩是否超出市场预期的参考意义不大。</p>\n<p>虽然增长数据亮眼，这和过去几年游戏驿站主营业务连年低迷的低基数有关。从2017财年起，游戏驿站利润就连年萎缩，并于2019年陷入亏损泥沼。</p>\n<p><img src=\"https://static.tigerbbs.com/bdf838dac2288f77a6f13b87e7020b85\" tg-width=\"1018\" tg-height=\"381\" referrerpolicy=\"no-referrer\"></p>\n<p>在财报发布的次日，公司股票最大跌幅超过12%，这一市场反馈更多地与公司增发股票有关。在游戏驿站发布财报的同时，公司递交了招股说明书，拟在股价高位发售高达500万股普通股。公司计划将募集资金用于一般企业用途、投资增长计划和优化公司资产负债情况。</p>\n<p>这已经是今年游戏驿站第二次因为增发股票相关消息引发股价下跌。早在3月公司发布年报时，公司就透露将发行新股，以利用股价上涨筹集资金为未来的转型加速赋能，但这一消息引发公司股价次日大跌10%以上。</p>\n<p>不过亦有所谓“财经名嘴”为游戏驿站的增发“打Call”。比如CNBC节目主持人JimCramer表示，游戏驿站等公司的增发行为将有利于公司长期发展，对于在乎企业长期价值的投资者来说发售新股的行为“不应该被敌视和误解”。</p>\n<p>据CNBC，游戏驿站此次发布季度报并没有对全年业绩作出展望，并称公司的销售增长动力延续至第二季度，5月的销售额较去年同期增长了27%。</p>\n<p>在负债端，游戏驿站还宣布，至5月1日公司已经偿还全部长期债务，并且不再背负任何资产支持类循环信贷。</p>\n<p>CNBC的报道还提到，除了股价的暴涨，游戏驿站正试图用其他的方式吸引投资者的注意。其实这无外乎是给资本市场讲一些新的故事，毕竟公司估值已经高达150亿美元以上。</p>\n<p><img src=\"https://static.tigerbbs.com/6d1063d7e51f570b73f7360c69a02a42\" tg-width=\"647\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p>\n<p>而所谓的“新故事”，也只是电商。比如说公司为了大力发展电商业务条线，请来了美国最大的宠物类垂直电商Chewy（NYSE:CHWY）的联合创始人Ryan Cohen来领导公司的电子商务工作，并任命其为董事会主席。</p>\n<p>公司还从<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>（NASDAQ:AMZN）挖来不少人才。据媒体报道，游戏驿站已任命前亚马逊高管Matt Furlong为其新CEO，同样来自亚马逊的Mike Recupero担任CFO，公司似乎有迹象要在转型之路上大刀阔斧前行。</p>\n<p>等着游戏驿站的并不是一片蓝海，毕竟电商概念放在10年前也算不上新鲜。同时，游戏驿站的电商之路上也面临着不小的挑战。</p>\n<p>现实是，电商作为一条被“前人”踏过无数次的路，被培养起来的消费者习惯已经形成了非常高的门槛：从物流管理到支付体系，以及最核心的产品价格竞争力，游戏驿站都需要面临在亚马逊、<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>等巨头夹缝中求生存的难题。</p>\n<p>毕竟，游戏驿站并不是一家有“电商基因”或者“新零售基因”的企业。公司成立于1984年的得克萨斯州，主要业务集中在北美、澳洲和欧洲，旗下拥有6000多家线下零售店，运营GameStop、EB Games等品牌。除了线下游戏门店，游戏驿站还拥有网页游戏网站、电子游戏杂志、转销<a href=\"https://laohu8.com/S/AAPL\">苹果</a>产品等业务。</p>\n<p>公司业绩曾经在2010年以前迎来过爆发期，但随着<a href=\"https://laohu8.com/S/MSFT\">微软</a>XBox、任天堂、<a href=\"https://laohu8.com/S/SNE\">索尼</a>等游戏机厂商崛起，拥有了更多元（如自有销售渠道）和高效的线上分销渠道，主打线下市场的游戏驿站逐渐落寞。业绩随门店低迷的客流量一降再降，最终陷入亏损。</p>\n<p>那么问题来了——</p>\n<p>试想你是一款游戏或设备的买家，亚马逊可以提供低廉的价格、快速的配送服务、成熟的配套售后客服，为什么还要去半路下海、不温不火的游戏驿站购买呢？</p>\n<p>先别急着回答这个问题，市场的走向经常出乎人们的意料。在年轻人叛逆精神高涨的游戏驿站博弈战场上，伴随着“博傻游戏”击鼓传花的激烈鼓点声，游戏驿站的逆袭并非全无机会。</p>\n<p><b>游戏驿站的“非主流”投资</b></p>\n<p>曾几何时网络上流传着段子：“强扭的瓜不甜，但不甜就不甜，把它扭下来我就开心。”当下年轻人的叛逆精神，已经在游戏驿站等“meme股票”——或者叫“内涵股”——身上有所体现。</p>\n<p>千禧一代为什么要冒着高风险参与这场看似疯狂的游戏？《巴伦周刊》专栏作家观察到千禧一代投资者的这些特点：他们的成长伴随着升学、生活、财务负债的压力一路走来，在投资游戏驿站的这类股票过程中，散户们只要能“伤害到”一些自鸣得意的对冲基金，就已经很满足了。而这些自鸣得意的对冲基金、华尔街机构，正是他们眼中生活里的“掠夺者”。</p>\n<p>至于为什么选择了游戏驿站？对于千禧一代而言，或许游戏驿站曾经承载了他们成长过程中弥足珍贵的快乐时光。听起来残酷又悲壮的是，散户们就好像输了千百次的赌徒，这一次他们无论如何也要赢。</p>\n<p>从目前的态势发展来看，游戏驿站等“内涵股”的散户投资者确实对华尔街金融机构和大佬们产生了实打实的影响。比如知名空头香椽在游戏驿站爆炒事件后就曾经宣布不再对外发布针对该个股的做空报告。</p>\n<p>更有对冲基金成为输了真金白银的受害者——也就是许多文章描述为“被散户干翻的机构”。比如对冲基金Melvin因为做空GameStop在数周内大幅亏损30%，甚至向外界求援资金以稳定公司运营。后来Melvin也宣布强平GameStop仓位认输离场。</p>\n<p>这样的“非主流”行为也难坏了监管，因为这场博弈既不是欺骗投资者，也难以界定为操纵股价，所以我们看到尽管入场展开调查，但监管并未采取铁腕手段加以干预。</p>\n<p>另外，更为棘手的是，由于游戏驿站股价飞涨，带动了富时罗素2000小盘股指数的上涨；与此同时，公司已经跻身百亿美元市值俱乐部，在6月5日最新被剔除罗素2000小盘股指数，且完全有“身价”晋升至罗素1000指数中。</p>\n<p>市场上已经不乏声音讨论，游戏驿站会否被纳入罗素1000指数等大盘股指数，毕竟这样的后果不容忽视——对于游戏驿站来说，被纳入指数意味着可能会享受资金红利；反过来，对于追踪该指数的投资基金来说，或许并不愿意见到游戏驿站这类自带“妖股”标签的选手入场。</p>\n<p>散户们孤注一掷的故事尚未画上句号，但脱离基本面的炒作注定将会成就一场“零和游戏”，最终结果必然是有人收手离场、有人血本无归。在与利益金钱紧密捆绑的股票市场，数量庞大的散户们永远不可能真正成为一条船上同舟共济的伙伴。</p>\n<p>还记得故事的开始么？2021年初，Reddit论坛火爆的股民讨论区WallStreetBets中，散户们选中了游戏驿站这只被大举做空的个股，并购入其看涨期权，约定：永不卖出、永不向对冲基金投降。尽管此举一炮打响成为股票市场载入史册的散户挑战机构博弈战，但维系散户之间同盟阵线的，也仅仅是论坛里的“约定”而已。</p>\n<p><img src=\"https://static.tigerbbs.com/2d3d9cec2aada0e8a9eacc481b0e2ae2\" tg-width=\"866\" tg-height=\"609\" referrerpolicy=\"no-referrer\"></p>\n<p>彭博的一则报道指出，有市场人士认为，<a href=\"https://laohu8.com/S/AMC\">AMC院线</a>（NYSE:AMC）、游戏驿站等“内涵股”、“妖股”最近的走势和交易，恐怕就是“博傻理论”——在估值远超基本面的情况下，总有投资者认为，会有“更傻”的人接盘。</p>\n<p>小学生都可以想象这样一场狂热的击鼓传花游戏将会作何收尾。</p>","source":"lsy1588993976395","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>游戏驿站，估值堆高后慌了</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; }\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游戏驿站，估值堆高后慌了\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 09:07 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/jMGRS5b4p7uqA6reMwDt1w><strong>BT财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>先把估值做上去，再给市场慢慢讲故事——Gamestop（游戏驿站）如此待遇，全球二级市场可谓独一份。\n一般的上市公司遭遇增长乏力和“估值危机”时，往往会绞尽脑汁为资本讲述新故事。\n但游戏驿站（Gamestop，NYSE: GME）成长的烦恼却恰恰相反——今年年初，公司估值在散户和机构的“史诗级”交火中被推至前所未有的高度，后几经震荡，目前依旧维持在美股200美元以上的高位。\n如今游戏驿站似乎正在被...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/jMGRS5b4p7uqA6reMwDt1w\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6d1063d7e51f570b73f7360c69a02a42","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://mp.weixin.qq.com/s/jMGRS5b4p7uqA6reMwDt1w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144578857","content_text":"先把估值做上去，再给市场慢慢讲故事——Gamestop（游戏驿站）如此待遇，全球二级市场可谓独一份。\n一般的上市公司遭遇增长乏力和“估值危机”时，往往会绞尽脑汁为资本讲述新故事。\n但游戏驿站（Gamestop，NYSE: GME）成长的烦恼却恰恰相反——今年年初，公司估值在散户和机构的“史诗级”交火中被推至前所未有的高度，后几经震荡，目前依旧维持在美股200美元以上的高位。\n如今游戏驿站似乎正在被倒逼着向市场讲述新故事，毕竟股价都涨成这样了，没理由再躺平，必须来点“增长”了。\n6月上旬游戏驿站发布的财报显示，公司最新财年一季度（截至2021年2月—4月）销售同比增长25%，再度获得了市场的关注。BT财经梳理了全球媒体和机构对这份财报的观点：当前游戏驿站估值依然高企、严重脱离基本面，对业绩的分析已经失去作用，击鼓传花的“博傻游戏”仍在继续……\n\n销售增长25%，电商“新故事”不新\n最新发布的财报显示，本财年第一季度游戏驿站营收增长25.1%，达到12.77亿美元；毛利方面，该季度录得3.30亿美元，同比增长16.9%；但归母净利润为负，录得-6680万美元。公司营收录得增长，和电商业务的发力及初显成效有关。\n与预期相比，公司营收略超出市场预期（Refinitiv报预期营收11.6亿美元），但亏损也较预期更为严重。对于游戏驿站这种估值严重背离基本面的企业来说，业绩是否超出市场预期的参考意义不大。\n虽然增长数据亮眼，这和过去几年游戏驿站主营业务连年低迷的低基数有关。从2017财年起，游戏驿站利润就连年萎缩，并于2019年陷入亏损泥沼。\n\n在财报发布的次日，公司股票最大跌幅超过12%，这一市场反馈更多地与公司增发股票有关。在游戏驿站发布财报的同时，公司递交了招股说明书，拟在股价高位发售高达500万股普通股。公司计划将募集资金用于一般企业用途、投资增长计划和优化公司资产负债情况。\n这已经是今年游戏驿站第二次因为增发股票相关消息引发股价下跌。早在3月公司发布年报时，公司就透露将发行新股，以利用股价上涨筹集资金为未来的转型加速赋能，但这一消息引发公司股价次日大跌10%以上。\n不过亦有所谓“财经名嘴”为游戏驿站的增发“打Call”。比如CNBC节目主持人JimCramer表示，游戏驿站等公司的增发行为将有利于公司长期发展，对于在乎企业长期价值的投资者来说发售新股的行为“不应该被敌视和误解”。\n据CNBC，游戏驿站此次发布季度报并没有对全年业绩作出展望，并称公司的销售增长动力延续至第二季度，5月的销售额较去年同期增长了27%。\n在负债端，游戏驿站还宣布，至5月1日公司已经偿还全部长期债务，并且不再背负任何资产支持类循环信贷。\nCNBC的报道还提到，除了股价的暴涨，游戏驿站正试图用其他的方式吸引投资者的注意。其实这无外乎是给资本市场讲一些新的故事，毕竟公司估值已经高达150亿美元以上。\n\n而所谓的“新故事”，也只是电商。比如说公司为了大力发展电商业务条线，请来了美国最大的宠物类垂直电商Chewy（NYSE:CHWY）的联合创始人Ryan Cohen来领导公司的电子商务工作，并任命其为董事会主席。\n公司还从亚马逊（NASDAQ:AMZN）挖来不少人才。据媒体报道，游戏驿站已任命前亚马逊高管Matt Furlong为其新CEO，同样来自亚马逊的Mike Recupero担任CFO，公司似乎有迹象要在转型之路上大刀阔斧前行。\n等着游戏驿站的并不是一片蓝海，毕竟电商概念放在10年前也算不上新鲜。同时，游戏驿站的电商之路上也面临着不小的挑战。\n现实是，电商作为一条被“前人”踏过无数次的路，被培养起来的消费者习惯已经形成了非常高的门槛：从物流管理到支付体系，以及最核心的产品价格竞争力，游戏驿站都需要面临在亚马逊、沃尔玛等巨头夹缝中求生存的难题。\n毕竟，游戏驿站并不是一家有“电商基因”或者“新零售基因”的企业。公司成立于1984年的得克萨斯州，主要业务集中在北美、澳洲和欧洲，旗下拥有6000多家线下零售店，运营GameStop、EB Games等品牌。除了线下游戏门店，游戏驿站还拥有网页游戏网站、电子游戏杂志、转销苹果产品等业务。\n公司业绩曾经在2010年以前迎来过爆发期，但随着微软XBox、任天堂、索尼等游戏机厂商崛起，拥有了更多元（如自有销售渠道）和高效的线上分销渠道，主打线下市场的游戏驿站逐渐落寞。业绩随门店低迷的客流量一降再降，最终陷入亏损。\n那么问题来了——\n试想你是一款游戏或设备的买家，亚马逊可以提供低廉的价格、快速的配送服务、成熟的配套售后客服，为什么还要去半路下海、不温不火的游戏驿站购买呢？\n先别急着回答这个问题，市场的走向经常出乎人们的意料。在年轻人叛逆精神高涨的游戏驿站博弈战场上，伴随着“博傻游戏”击鼓传花的激烈鼓点声，游戏驿站的逆袭并非全无机会。\n游戏驿站的“非主流”投资\n曾几何时网络上流传着段子：“强扭的瓜不甜，但不甜就不甜，把它扭下来我就开心。”当下年轻人的叛逆精神，已经在游戏驿站等“meme股票”——或者叫“内涵股”——身上有所体现。\n千禧一代为什么要冒着高风险参与这场看似疯狂的游戏？《巴伦周刊》专栏作家观察到千禧一代投资者的这些特点：他们的成长伴随着升学、生活、财务负债的压力一路走来，在投资游戏驿站的这类股票过程中，散户们只要能“伤害到”一些自鸣得意的对冲基金，就已经很满足了。而这些自鸣得意的对冲基金、华尔街机构，正是他们眼中生活里的“掠夺者”。\n至于为什么选择了游戏驿站？对于千禧一代而言，或许游戏驿站曾经承载了他们成长过程中弥足珍贵的快乐时光。听起来残酷又悲壮的是，散户们就好像输了千百次的赌徒，这一次他们无论如何也要赢。\n从目前的态势发展来看，游戏驿站等“内涵股”的散户投资者确实对华尔街金融机构和大佬们产生了实打实的影响。比如知名空头香椽在游戏驿站爆炒事件后就曾经宣布不再对外发布针对该个股的做空报告。\n更有对冲基金成为输了真金白银的受害者——也就是许多文章描述为“被散户干翻的机构”。比如对冲基金Melvin因为做空GameStop在数周内大幅亏损30%，甚至向外界求援资金以稳定公司运营。后来Melvin也宣布强平GameStop仓位认输离场。\n这样的“非主流”行为也难坏了监管，因为这场博弈既不是欺骗投资者，也难以界定为操纵股价，所以我们看到尽管入场展开调查，但监管并未采取铁腕手段加以干预。\n另外，更为棘手的是，由于游戏驿站股价飞涨，带动了富时罗素2000小盘股指数的上涨；与此同时，公司已经跻身百亿美元市值俱乐部，在6月5日最新被剔除罗素2000小盘股指数，且完全有“身价”晋升至罗素1000指数中。\n市场上已经不乏声音讨论，游戏驿站会否被纳入罗素1000指数等大盘股指数，毕竟这样的后果不容忽视——对于游戏驿站来说，被纳入指数意味着可能会享受资金红利；反过来，对于追踪该指数的投资基金来说，或许并不愿意见到游戏驿站这类自带“妖股”标签的选手入场。\n散户们孤注一掷的故事尚未画上句号，但脱离基本面的炒作注定将会成就一场“零和游戏”，最终结果必然是有人收手离场、有人血本无归。在与利益金钱紧密捆绑的股票市场，数量庞大的散户们永远不可能真正成为一条船上同舟共济的伙伴。\n还记得故事的开始么？2021年初，Reddit论坛火爆的股民讨论区WallStreetBets中，散户们选中了游戏驿站这只被大举做空的个股，并购入其看涨期权，约定：永不卖出、永不向对冲基金投降。尽管此举一炮打响成为股票市场载入史册的散户挑战机构博弈战，但维系散户之间同盟阵线的，也仅仅是论坛里的“约定”而已。\n\n彭博的一则报道指出，有市场人士认为，AMC院线（NYSE:AMC）、游戏驿站等“内涵股”、“妖股”最近的走势和交易，恐怕就是“博傻理论”——在估值远超基本面的情况下，总有投资者认为，会有“更傻”的人接盘。\n小学生都可以想象这样一场狂热的击鼓传花游戏将会作何收尾。","news_type":1},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":121988026,"gmtCreate":1624449498765,"gmtModify":1631891793798,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575081339899839","idStr":"3575081339899839"},"themes":[],"htmlText":"阅","listText":"阅","text":"阅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/121988026","repostId":"1149419785","repostType":4,"repost":{"id":"1149419785","weMediaInfo":{"introduction":"研讨公司成败，探究行业兴衰，推动阳光商业。由《财经》公司产业报道团队创建，“媒体+智库”双轮驱动的商业新媒体平台","home_visible":1,"media_name":"财经十一人","id":"1099700195","head_image":"https://static.tigerbbs.com/2c6ac2a9dafc44d0a5e8c2ea84dfb4e2"},"pubTimestamp":1624444954,"share":"https://www.laohu8.com/m/news/1149419785?lang=&edition=full","pubTime":"2021-06-23 18:42","market":"us","language":"zh","title":"火花思维赴美IPO，冲刺在监管哨声吹响前","url":"https://stock-news.laohu8.com/highlight/detail?id=1149419785","media":"财经十一人","summary":"加快上市进程也许是个不错的打算，但火花思维一只脚已经踏进了烧钱大战的大门，头顶还悬着诸多不确定性\n\n受监管政策变化影响，青少年校外培训行业风声鹤唳，在线少儿启蒙教育公司火花思维却于6月21日晚悄然向美","content":"<div>\n<p>加快上市进程也许是个不错的打算，但火花思维一只脚已经踏进了烧钱大战的大门，头顶还悬着诸多不确定性\n\n受监管政策变化影响，青少年校外培训行业风声鹤唳，在线少儿启蒙教育公司火花思维却于6月21日晚悄然向美国证券交易委员会（SEC）提交IPO申请，寻求在纳斯达克挂牌上市，股票代码为SPRK。\n如果顺利通过，火花思维将成为国内“在线素质教育第一股”。\n一二线城市小学低年级及幼儿园阶段的孩子家长，大多对...</p>\n\n<a href=\"None\">Web Link</a>\n\n</div>\n","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>火花思维赴美IPO，冲刺在监管哨声吹响前</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火花思维赴美IPO，冲刺在监管哨声吹响前\n</h2>\n\n<h4 class=\"meta\">\n\n2021-06-23 18:42 北京时间&nbsp;&nbsp;&nbsp;<strong>财经十一人</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>加快上市进程也许是个不错的打算，但火花思维一只脚已经踏进了烧钱大战的大门，头顶还悬着诸多不确定性\n\n受监管政策变化影响，青少年校外培训行业风声鹤唳，在线少儿启蒙教育公司火花思维却于6月21日晚悄然向美国证券交易委员会（SEC）提交IPO申请，寻求在纳斯达克挂牌上市，股票代码为SPRK。\n如果顺利通过，火花思维将成为国内“在线素质教育第一股”。\n一二线城市小学低年级及幼儿园阶段的孩子家长，大多对...</p>\n\n<a href=\"None\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/991506d16c996c220b295bdc84efa052","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149419785","content_text":"加快上市进程也许是个不错的打算，但火花思维一只脚已经踏进了烧钱大战的大门，头顶还悬着诸多不确定性\n\n受监管政策变化影响，青少年校外培训行业风声鹤唳，在线少儿启蒙教育公司火花思维却于6月21日晚悄然向美国证券交易委员会（SEC）提交IPO申请，寻求在纳斯达克挂牌上市，股票代码为SPRK。\n如果顺利通过，火花思维将成为国内“在线素质教育第一股”。\n一二线城市小学低年级及幼儿园阶段的孩子家长，大多对火花思维不太陌生。它成立于2018年，以面向3岁-12岁儿童提供在线数理思维课程起家，自称为学科素质教育，有别于一般的数学课，主要以数学为形式进行思维训练、提高思辨能力。\n作为少儿数理思维赛道的明星项目，火花思维在过去三年内成长迅猛。不到三年里，火花思维完成了从B轮到E+轮共八轮融资，投资方包括腾讯、红杉资本、猿辅导等，估值达15亿美元，成为该赛道第一家递交招股书的创业公司。\n但相较于从前在线教育公司上市前的热闹，此时的火花思维显得低调许多。\n5月21日，传闻中的“双减”政策（《关于进一步减轻义务教育阶段学生作业负担和校外培训负担的意见》）被审议通过，其中提出，要全面规范管理校外培训机构，坚持从严治理，严禁随意资本化运作。6月1日生效的《未成年人保护法》中也提到，校外培训机构不得对学龄前未成年人进行小学课程教育。\n陆续出台的新规和尚未出台的政策，如同悬在火花思维头顶的达摩克利斯之剑。在招股书中，火花思维称，无法保证学龄前的课程不会被认定为小学课程教育，也无法排除课程服务被判定会加重课业负担的风险。\n一位火花思维股东的投后管理人士对《财经》记者说，虽然股价短期内或有波动，但此时加快上市进程对股东而言也不是坏事，至少有了退出的机会。\n“在受到政策影响之前，抓紧时间上市、融资，也是出于抵御不确定性风险的考虑。”和君咨询资深合伙人、和君教育事业部主任万志良对《财经》记者评价道。\n一方面，政策灰犀牛影响之下，一级市场融资愈发艰难；另一方面，成长期的公司还没有自我造血能力，急需外部资金输血。此时上市也许是火花思维最现实的选择。\n01、从数理思维到全学科\n从招股书来看，火花思维过去一年交出了一份不错的成绩单。2020年，火花思维实现净收入11.74亿元，在2019年不到2亿元的基础上，增长五倍。今年一季度，火花思维净收入为4.54亿元，同比增长两倍。截至2021年一季度，火花思维共有37万名学生，去年同期还只有13.4万名学生，同比增长约1.8倍。\n和大多数在线教育公司一样，火花思维仍处在亏损之中，但相比营收增长的幅度，亏损的缺口扩大得不算快。2020年，它的净亏损为9.52亿元，同比增长23%，今年一季度净亏损为3.74亿元，同比扩大79%。\n第三方咨询公司灼识咨询数据显示，在2020年营收和学生人数上，火花思维已成为中国最大的在线小班教育公司，市占率约为15%。\n值得一提的是，招股书中，通篇强调的是火花思维4人-8人的在线小班班型，但对教育行业及家长而言，对火花思维认知最深的数理思维，却被提及得不多。\n2018年监管机构禁止幼儿园“小学化”、禁止奥数补习与竞赛后，和数学沾边，又不完全是数学的幼儿数理思维迎来一阵爆发期。冲在前列的创业公司除火花思维外，还有豌豆思维、你拍一等，掌门教育、精锐教育、网易有道、VIPKID等也在当时开辟了数理思维课程。\n第三方研究机构爱分析2019年发布的数理思维研报称，这一赛道线上线下总共市场规模在80亿-110亿元间，将在两三年内诞生现金收入20亿元以上的独角兽。\n目前看来，赛道已进入后程，许多项目或关停或被收购，留在场上的独立选手只剩下火花思维与豌豆思维。但它们显然都不想局限在数学单一学科上，而是要做成全学科的在线少儿启蒙企业。\n豌豆思维的思路是收购，接连收购了少儿英语品牌魔力耳朵和编程品牌和码编程，将外部专业团队纳为己用；而火花思维选择从内部长出来，自研了大语文、少儿英语和面向低幼阶段的AI课程。\n去年8月，火花思维创始人兼CEO罗剑在接受包括《财经》记者在内的媒体采访时表示，拉长到未来十年，火花思维必然要做的是一家全学科的教育公司，但每拓一科的难度都非常大，因为它不像电商只是增加一个品牌，它几乎相当于全盘重来。\n“我们的习惯是拓一科就先做着，做几个月试试，没做好再调整。”罗剑说，他不会给予团队太大的压力。\n从单一学科向多学科、全学科的延展，几乎是所有教育公司从小机构成长为大企业的必经之路。网易有道少儿业务负责人王丹丹曾在接受《财经》记者采访时表示，纵观在线少儿市场，单学科都不太容易做大规模、做得更健康，都需要多学科协同，才能最大效用地利用、整合资源。\n但拓科的成效如何，暂时还不明显。在招股书的各分部营收占比中，火花思维仅分为小班课和AI课两部分。2020年，小班课营收占比达到95.6%，而数理思维的占比是“绝大多数”，具体数字未透露。\n此次IPO募资的1亿美元中，火花思维称，其中40%将用于“用于改进教学内容、扩大课程范围”，剩余30%用于改善技术，15%用于营销和品牌推广，其他则用于营运和其他一般用途。火花思维从单一数理思维向全学科的成长之路，依然漫漫。\n02、小班撑大盘\n招股书中，火花思维援引的灼识咨询指出，2020年，K12在线小班市场规模已达到119亿元，预计2025年将达到1012亿元，对小班模式十分看好。灼识咨询称，火花思维已是中国在线小班领域最大的教育公司。\n王丹丹告诉《财经》记者，不同学段应用不同的班型，才能达到更好的教学目标，而在少儿启蒙阶段，小班能让同学间有类似线下的师生关系，AI课则主要面向低龄儿童，教学动画、趣味性对他们更有吸引力，同时被其他小朋友影响教学。\n但有别于目前当红的双师大班模式，也不同于几年前火热的一对一赛道，小班模式在在线教育行业常年有人涉足，但始终没有获得太多关注。从火花思维招股书上可以看出，2020年毛利率为27.4%，今年一季度为37.3%，还无法与在线大班课70%以上的毛利率相提并论。\n在少儿英语领域，小班课早有实践，但不成功。一位少儿英语公司创始人曾对《财经》记者尖锐指出，“小班课跑了三年，也没跑出一个VIPKID。”\n表面上小班课比一对一毛利高、成本低，但运营起来复杂度也显著上升。尤其对采取“三固定”模式的火花思维而言，固定时间、固定老师、固定同伴，这需要协调多个相同水平、相同进度的学生时间，凑成满班，难度远比一对一和大班课复杂。如果满班率不理想，叠加续费率、获客成本等诸多因素，很多创业公司会早早夭折。\n罗剑坦言，光是上课模式就要向家长解释半天，这让在线教育显得十分“死板”。\n万志良对小班模式不抱太大希望。大班课的师资成本可以摊得极薄，在降低获客成本后仍有盈利的可能，但在线小班课要同时面临客单价不高、师资成本偏高、运营难度大等一系列问题，盈利的空间会被压缩得更窄。\n此外，K12的烧钱战役已经燃至低龄的在线小班赛段，这让独立的在线小班公司境遇更艰难。\n近一年来，在线K12巨头大张旗鼓进军在线少儿启蒙领域，猿辅导的斑马、好未来的小猴启蒙、字节跳动的瓜瓜龙启蒙、高途课堂的小早启蒙、作业帮的鸭鸭启蒙，不一而足。\n多鲸资本合伙人葛文伟告诉《财经》记者，互联网公司切入更低龄的赛道，一方面是为了拉长用户生命周期，延展品牌在多个年龄段的影响力，另一方面在获客大战下，投放带来的流量有溢出效应，可以分散到低龄产品上。\n罗剑曾说自己比较佛系，“它们打（广告）它们的，我们按兵不动。”但他也不排除加入这场战役的可能性，“打得差不多了我们再进去，便宜一点。我们早晚会进去。”\n招股书显示，火花思维一只脚已经踏入了“烧钱大战”的大门。2020年，它的营销费用约为8亿元，同比增长了约2.4倍，在总运营费用中占比超过六成。相比之下，研发费用仅为3.3亿元，同比增长37%，占比仅25%。\n03、前景未明\n但政策监管让这场营销战役提前谢幕，所有少儿启蒙公司突然被笼罩在一大片不确定性之中。\n《财经》记者独家获悉，火花思维主要面向学龄前儿童的AI数学课正处于调整中，目前已暂停报名，开放时间未定。\n数日前，刚在纽交所IPO的掌门教育已将其少儿事业部和AI事业部合并，少儿事业部部分员工岗位被撤销，不接受转岗将被裁员。掌门教育相关负责人证实了少部分员工将转岗至其他事业部的说法，并称两个事务部将由一位联合创始人统管。\n此外，猿辅导旗下斑马部分员工将转岗至猿辅导，作业帮鸭鸭启蒙也已关停，而高途课堂早在5月底已砍去了小早启蒙业务线。\n不过，低幼业务在K12公司中占比普遍较低，即便完全关停，K12头部企业的影响和损失也有限。掌门教育招股书显示，2020年掌门少儿等启蒙业务贡献营收不足2.2亿元，占比不足5%。其他在线教育上市公司则未将少儿业务营收单独列出。\n但对于以启蒙起家的火花思维来说，一旦监管部门完全叫停六岁前语数英启蒙培训，风险将会更大。\n王丹丹告诉《财经》记者，少儿启蒙产品分为四段，学龄前、小学低年级、小学高年级和初中，市面上许多启蒙产品阶段之间存在断点，大部分启蒙产品能很难跨过六七岁的坎，因为诉求很难延伸，家长会转而寻求学科培训类产品。\n这也意味着如果火花思维将重心转向更高年级的课程系统，面对的选手将不再是同一量级。尤其对于小学后半程的学生家长而言，启蒙不是第一要务，应试、提分才是重点，火花思维需要竞争的很可能是好未来、猿辅导这些综合型公司。\n但无论如何，在政策明朗之前，抢先一步上市无疑增加了一分火花思维的胜算。因为对目前营运资金还是负值的火花思维而言，拿下新的融资，才是抵御未知风险最好的打算。","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":125771446,"gmtCreate":1624700526085,"gmtModify":1631891793762,"author":{"id":"3575081339899839","authorId":"3575081339899839","name":"咚隆隆咚锵","avatar":"https://static.tigerbbs.com/b5d9a8e8e780bfd1e76542d7d17d47dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575081339899839","idStr":"3575081339899839"},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/125771446","r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