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Tanks80
2021-07-31
赞。。
亚马逊收跌逾7%,财报逊预期遭多家投行下调目标价
Tanks80
2021-07-26
赞
抱歉,原内容已删除
Tanks80
2021-06-30
呃[得意]
提醒:因香港回归纪念日,港股7月1日休市
Tanks80
2021-06-30
[得意] [得意]
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Tanks80
2021-06-29
[开心] [开心] [开心]
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Tanks80
2021-06-29
哈
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Tanks80
2021-06-29
Good
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Tanks80
2021-06-28
[开心] [开心]
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Tanks80
2021-06-27
呵呵
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Tanks80
2021-06-27
[微笑]
用VC的长线思维买基金
去老虎APP查看更多动态
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04:21","market":"us","language":"zh","title":"亚马逊收跌逾7%,财报逊预期遭多家投行下调目标价","url":"https://stock-news.laohu8.com/highlight/detail?id=2155157381","media":"新浪财经","summary":"亚马逊股价周五收盘大跌7.56%,报3327.59美元。该公司昨日公布的财报显示二季度营收及三季度业绩指引均不及市场预期,遭多家投行下调目标价,还因违反数据隐私法规被欧盟处以创纪录的7.46亿欧元(约","content":"<p><a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>股价周五收盘大跌7.56%,报3327.59美元。该公司昨日公布的财报显示二季度营收及三季度业绩指引均不及市场预期,遭多家投行下调目标价,还因违反数据隐私法规被欧盟处以创纪录的7.46亿欧元(约合8.88亿美元)罚款。</p>\n<p><img src=\"https://static.tigerbbs.com/79b44729fd45b9bdbd59446bda6a40b7\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>财报显示,亚马逊二季度营收1130.8亿美元,同比增长27.2%,为连续第三个季度超过1000亿美元,但不及市场预期的1152亿美元。展望三季度,亚马逊预计营收将在1060亿-1120亿美元之间,同比增幅10%-16%,不及市场预期的1192亿美元。</p>\n<p>财报发布后,多家华尔街大行发布研究报告,纷纷下调亚马逊的目标价,多位分析师预期该公司短期增长将放缓,但仍看好其长期增长前景。</p>\n<p><a href=\"https://laohu8.com/S/UBS\">瑞银</a>分析师Michael Lasser将亚马逊的目标价从4350美元下调至4020美元,但仍维持“买入”评级。</p>\n<p>该分析师在一份研究报告中告诉投资者,亚马逊第二季度营收低于预期,原因是消费者重返商店,参与更多休闲活动,减少了在线支出。 但Lasser补充道,亚马逊仍占本季度新增在线支出总额的44%,远高于过去5年通常占36%的比例。</p>\n<p>Oppenheimer分析师Jason Helfstein将亚马逊的目标价从4400美元下调至4200美元,并维持“跑赢大盘”评级。Helfstein在一份研究报告中告诉投资者,他预期亚马逊下半年增长放缓,不过,他仍看好该公司的长期增长前景。</p>\n<p><a href=\"https://laohu8.com/S/CS\">瑞士信贷</a>分析师Stephen Ju将亚马逊的目标价从4850美元下调至4700美元,并维持“跑赢大盘”评级。</p>\n<p>虽然大多数投资者将注意力放在低于市场预期的第三季度营收指引上,但Ju认为,更重要的是,随着亚马逊继续搭建“最后一公里”配送体系,为扩张Prime会员一日达服务做准备,资本支出将持续上升。不过,Ju表示他可能会在股价回调时买入。</p>\n<p><a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>分析师Brian Nowak将亚马逊的目标价从4500美元下调至4300美元,仍维持“增持”评级。</p>\n<p>此外,媒体报道,亚马逊还因违反欧盟通用数据保护条例(GDPR),被欧盟处以创纪录的7.46亿欧元的罚款。</p>\n<p>随后亚马逊回应,该罚款毫无根据。“没有数据泄露,也没有用户数据被暴露给任何第三方。”</p>\n<p>据悉,这是自2018年5月欧盟GDPR规则生效以来,迄今为止最大的一笔罚款。</p>","source":"sina_us","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" 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.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亚马逊收跌逾7%,财报逊预期遭多家投行下调目标价\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 04:21 北京时间 <a href=https://finance.sina.com.cn/stock/usstock/c/2021-07-31/doc-ikqcfncc0022926.shtml><strong>新浪财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>亚马逊股价周五收盘大跌7.56%,报3327.59美元。该公司昨日公布的财报显示二季度营收及三季度业绩指引均不及市场预期,遭多家投行下调目标价,还因违反数据隐私法规被欧盟处以创纪录的7.46亿欧元(约合8.88亿美元)罚款。\n\n财报显示,亚马逊二季度营收1130.8亿美元,同比增长27.2%,为连续第三个季度超过1000亿美元,但不及市场预期的1152亿美元。展望三季度,亚马逊预计营收将在1060...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-07-31/doc-ikqcfncc0022926.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9e8eecb12cfd50ec299f0fb440639512","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-07-31/doc-ikqcfncc0022926.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155157381","content_text":"亚马逊股价周五收盘大跌7.56%,报3327.59美元。该公司昨日公布的财报显示二季度营收及三季度业绩指引均不及市场预期,遭多家投行下调目标价,还因违反数据隐私法规被欧盟处以创纪录的7.46亿欧元(约合8.88亿美元)罚款。\n\n财报显示,亚马逊二季度营收1130.8亿美元,同比增长27.2%,为连续第三个季度超过1000亿美元,但不及市场预期的1152亿美元。展望三季度,亚马逊预计营收将在1060亿-1120亿美元之间,同比增幅10%-16%,不及市场预期的1192亿美元。\n财报发布后,多家华尔街大行发布研究报告,纷纷下调亚马逊的目标价,多位分析师预期该公司短期增长将放缓,但仍看好其长期增长前景。\n瑞银分析师Michael Lasser将亚马逊的目标价从4350美元下调至4020美元,但仍维持“买入”评级。\n该分析师在一份研究报告中告诉投资者,亚马逊第二季度营收低于预期,原因是消费者重返商店,参与更多休闲活动,减少了在线支出。 但Lasser补充道,亚马逊仍占本季度新增在线支出总额的44%,远高于过去5年通常占36%的比例。\nOppenheimer分析师Jason Helfstein将亚马逊的目标价从4400美元下调至4200美元,并维持“跑赢大盘”评级。Helfstein在一份研究报告中告诉投资者,他预期亚马逊下半年增长放缓,不过,他仍看好该公司的长期增长前景。\n瑞士信贷分析师Stephen Ju将亚马逊的目标价从4850美元下调至4700美元,并维持“跑赢大盘”评级。\n虽然大多数投资者将注意力放在低于市场预期的第三季度营收指引上,但Ju认为,更重要的是,随着亚马逊继续搭建“最后一公里”配送体系,为扩张Prime会员一日达服务做准备,资本支出将持续上升。不过,Ju表示他可能会在股价回调时买入。\n摩根士丹利分析师Brian Nowak将亚马逊的目标价从4500美元下调至4300美元,仍维持“增持”评级。\n此外,媒体报道,亚马逊还因违反欧盟通用数据保护条例(GDPR),被欧盟处以创纪录的7.46亿欧元的罚款。\n随后亚马逊回应,该罚款毫无根据。“没有数据泄露,也没有用户数据被暴露给任何第三方。”\n据悉,这是自2018年5月欧盟GDPR规则生效以来,迄今为止最大的一笔罚款。","news_type":1},"isVote":1,"tweetType":1,"viewCount":865,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":800523833,"gmtCreate":1627309050622,"gmtModify":1633766270079,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"赞","listText":"赞","text":"赞","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/800523833","repostId":"1145313708","repostType":4,"isVote":1,"tweetType":1,"viewCount":668,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153772511,"gmtCreate":1625054682933,"gmtModify":1633945415601,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"呃[得意] ","listText":"呃[得意] ","text":"呃[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153772511","repostId":"1100844519","repostType":4,"repost":{"id":"1100844519","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":1624850864,"share":"https://www.laohu8.com/m/news/1100844519?lang=&edition=full","pubTime":"2021-06-28 11:27","market":"sh","language":"zh","title":"提醒:因香港回归纪念日,港股7月1日休市","url":"https://stock-news.laohu8.com/highlight/detail?id=1100844519","media":"老虎资讯综合","summary":"据悉,因7月1日(周四)香港特别行政区成立纪念日,港股休市一日。具体安排如下:港股\n7月1日(周四)休市一日。7月2日(周五)照常开市。\n美股、A股、英股、澳股、新加坡市场等照常交易。\n沪股通、深股通","content":"<p>据悉,因7月1日(周四)香港特别行政区成立纪念日,港股休市一日。具体安排如下:<img src=\"https://static.tigerbbs.com/eaa05e0ac274f01336380bf4d575542d\" tg-width=\"787\" tg-height=\"667\" referrerpolicy=\"no-referrer\"><b>港股</b></p>\n<p>7月1日(周四)休市一日。7月2日(周五)照常开市。</p>\n<p><b>美股、A股、英股、澳股、新加坡市场等照常交易。</b></p>\n<p><b>沪股通、深股通:</b></p>\n<p>6月30日(周三)至7月1日(周四)不提供服务,7月2日(周五)起照常开通。</p>\n<p><b>港股通:</b></p>\n<p>7月1日(周四)不提供服务,7月2日(周五)起照常开通。</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:因香港回归纪念日,港股7月1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:因香港回归纪念日,港股7月1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\">2021-06-28 11:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>据悉,因7月1日(周四)香港特别行政区成立纪念日,港股休市一日。具体安排如下:<img src=\"https://static.tigerbbs.com/eaa05e0ac274f01336380bf4d575542d\" tg-width=\"787\" tg-height=\"667\" referrerpolicy=\"no-referrer\"><b>港股</b></p>\n<p>7月1日(周四)休市一日。7月2日(周五)照常开市。</p>\n<p><b>美股、A股、英股、澳股、新加坡市场等照常交易。</b></p>\n<p><b>沪股通、深股通:</b></p>\n<p>6月30日(周三)至7月1日(周四)不提供服务,7月2日(周五)起照常开通。</p>\n<p><b>港股通:</b></p>\n<p>7月1日(周四)不提供服务,7月2日(周五)起照常开通。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a6adcf1f575211fc4f9ca7f666658417","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100844519","content_text":"据悉,因7月1日(周四)香港特别行政区成立纪念日,港股休市一日。具体安排如下:港股\n7月1日(周四)休市一日。7月2日(周五)照常开市。\n美股、A股、英股、澳股、新加坡市场等照常交易。\n沪股通、深股通:\n6月30日(周三)至7月1日(周四)不提供服务,7月2日(周五)起照常开通。\n港股通:\n7月1日(周四)不提供服务,7月2日(周五)起照常开通。","news_type":1},"isVote":1,"tweetType":1,"viewCount":875,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153778465,"gmtCreate":1625054538457,"gmtModify":1633945417069,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"[得意] 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[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150161569","repostId":"1147671023","repostType":4,"isVote":1,"tweetType":1,"viewCount":1603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":124605020,"gmtCreate":1624760701360,"gmtModify":1633948979623,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"呵呵","listText":"呵呵","text":"呵呵","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/124605020","repostId":"1113335274","repostType":4,"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":124608962,"gmtCreate":1624760615556,"gmtModify":1633948982508,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124608962","repostId":"1137416078","repostType":4,"repost":{"id":"1137416078","kind":"news","pubTimestamp":1624756847,"share":"https://www.laohu8.com/m/news/1137416078?lang=&edition=full","pubTime":"2021-06-27 09:20","market":"sh","language":"zh","title":"用VC的长线思维买基金","url":"https://stock-news.laohu8.com/highlight/detail?id=1137416078","media":"兴证全球基金","summary":"提起风险投资(VC),人们会想到这些传奇故事:“孙正义6分钟就决定投资阿里巴巴,狂赚2500多倍;彼得·蒂尔给Facebook投了50万美元,8年后变成约11亿美元;阿瑟·洛克给苹果投了约6万美元,3","content":"<blockquote>\n 提起风险投资(VC),人们会想到这些传奇故事:“孙正义6分钟就决定投资阿里巴巴,狂赚2500多倍;彼得·蒂尔给Facebook投了50万美元,8年后变成约11亿美元;阿瑟·洛克给苹果投了约6万美元,3年后上涨为约1400万美元……”\n</blockquote>\n<p>有趣的是,VC往往会被认为是“一夜暴富”,实际上行业头部效应非常明显,也必须拥有投资的珍贵品质——耐心;在外人看来,VC所在的一级市场缺少流动性,但这在VC眼中或许反而是优势。</p>\n<p>风险投资人黄海指出:<b>风险投资体现了“买入是逻辑,卖出是艺术”,</b>普通人也能借鉴VC的思维做投资。此话怎讲?</p>\n<p><b>从VC视角,看风险与收益</b></p>\n<p>风险投资也叫创业投资,有“高风险、高回报”的特点,毕竟大多数创业企业可能都会失败,极少数成功案例可以为失败案例买单。统计显示,美国VC行业整体年化收益约为16.4%,不过VC的头部效应、品牌效应非常明显。(美国风险投资协会数据,1987-2007区间年化收益率)</p>\n<p>VC是如何“悄悄变富,惊艳世人”的?风险投资家并非不惧风险的勇士,优秀的VC会通过惊人的耐心、准确的判断斩获更高胜率。红杉资本是全球最著名的VC之一,在美国投资了苹果、思科、谷歌、领英、WhatsApp等公司,据统计其平均持股时间达7年。</p>\n<p>图:红杉等基金的历史回报</p>\n<p><img src=\"https://static.tigerbbs.com/40253c47149648e82c2e40812ca53e02\" tg-width=\"821\" tg-height=\"630\" referrerpolicy=\"no-referrer\"></p>\n<p>数据来源:《风投》,哈佛大学教授汤姆·尼古拉斯著。圆圈大小与规模大小成正比。</p>\n<p>为什么VC这么有耐心?答案很简单:不得不如此。参与一级市场的VC,往往不能随时退出,VC出资人也需要“被迫”长期持有。与一级市场相比,二级市场流动性更好,你能获得每天,甚至实时报价,但反过来看,“这是否也是二级市场的缺点呢?”</p>\n<p>正所谓“心急吃不了热豆腐”,VC一定深有体会。一方面,由于一级市场缺乏流动性,每次交易可能需要等很多年。另一方面,早期阶段的公司,不存在实时报价,估值变化也可能非常剧烈。VC能抵挡“赚快钱”的诱惑,恰恰是因为缺少这个途径。</p>\n<p>“募、投、管、退”四个步骤是VC的职责,其中最重要的环节就是“退”。判断是退出还是继续加码,是非常考验VC能力的事情。比如张一鸣的“九九房”创业失败了,但“一个华丽转身”打造出今日头条,所以重要的还是回归对商业与经营者的复杂判断。</p>\n<p><img src=\"https://static.tigerbbs.com/3205726f8d1bc5d96af2f7e72ee5a296\" tg-width=\"469\" tg-height=\"115\" referrerpolicy=\"no-referrer\"></p>\n<p>时有风吹幡动,非风动,非幡动,实乃心动——虽然二级市场提供了频繁交易的可能,但VC恐怕不喜欢这种交易便利与频繁报价带来的撩拨与试探。<b>像VC一样谨慎思考,给自己的投资加一个“紧箍咒”,降低操作频率,在克制内心波澜的同时或许会有不一样的收获。</b></p>\n<p><b>“神秘”的VC出资人</b></p>\n<p><b>有耐心的资金永远是少数,</b>加之VC募资规模可能高达数千万或数亿元,所以更像是“奢侈品”。它们的出资人来自哪里?</p>\n<p>风险投资可以算是美国的发明。20世纪80年代末,美国VC资金主要来源发生变化,从富有的个人和家庭明显转向退休金、社保基金、大学捐赠基金等机构投资者。我国则主要是上市公司、高净值个人、政府引导基金等。VC资金往往对于流动性要求更低,耐心更高。</p>\n<p>耶鲁大学捐赠基金前首席投资官大卫·史文森曾表示:某家风投机构是他们最赚钱的投资项目之一,为耶鲁带来的回报超过24亿美元。此外,风险投资人杜枫在著作中说:“退休基金是劳动者年轻的时候存下来,以保证退休和年老时的收益,是一种比较长期的投资,要得到超过通货膨胀的收益,就不能只限于固定存款。”美国退休基金为了分散风险,会以一小部分资金投资于VC,同时也争取拉高整体收益。</p>\n<p><b>VC思维下,如何投资?</b></p>\n<p>VC的投资思路,体现了价值投资的眼光。部分二级市场上市公司与创投公司类似,在不断涌现新的业务,进行商业创新、技术创新。此类公司的投资分析思路,往往也是看护城河、看用户、看粘性,同样需要在公司业务重大拐点发生之前及时发现,判断公司是否具有跨越式发展的潜力。</p>\n<p>此外,VC更看重的往往是10年左右的中长线行业分析思维,这也是建立在与公司内部管理层的深入了解沟通与合作的基础之上。二级市场普通投资者往往难以把握,时常会面临的恐慌情绪,部分源于对公司情况缺乏足够深入的分析与研究。举例来说,美股亚马逊股价曾经在2001年10月跌至5.51美元,自上市以来最大回撤居然达到95%,二级市场投资很难不为所动,理想化的价值投资思维往往面临各方面的考验与压力。</p>\n<p>图:1997至2021亚马逊股价(AMZN)</p>\n<p><img src=\"https://static.tigerbbs.com/fd674d156153529c7afbea859f617ecd\" tg-width=\"620\" tg-height=\"383\" referrerpolicy=\"no-referrer\"></p>\n<p>VC与公募基金相比有很多不同,比如高杠杆运作、借壳上市等风险相对更大,但投资需要“正确的认知+逆人性”,不论风险投资或二级市场都是如此。“股神”巴菲特对于市场好时候、坏时候都保持淡定态度,也是源于其资金主要来自保险浮存金,能支持进行长期持有。<b>对于普通投资者,一旦明确资金短期内无需动用,既然一样是用于长线,不妨将耐心思维、VC思维用在投资中。</b></p>","source":"lsy1619314504794","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>用VC的长线思维买基金</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用VC的长线思维买基金\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 09:20 北京时间 <a href=https://mp.weixin.qq.com/s/Aa7C5BUD2hkPnnnL83ZmdA><strong>兴证全球基金</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>提起风险投资(VC),人们会想到这些传奇故事:“孙正义6分钟就决定投资阿里巴巴,狂赚2500多倍;彼得·蒂尔给Facebook投了50万美元,8年后变成约11亿美元;阿瑟·洛克给苹果投了约6万美元,3年后上涨为约1400万美元……”\n\n有趣的是,VC往往会被认为是“一夜暴富”,实际上行业头部效应非常明显,也必须拥有投资的珍贵品质——耐心;在外人看来,VC所在的一级市场缺少流动性,但这在VC眼中或许...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/Aa7C5BUD2hkPnnnL83ZmdA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/15e20574f8fb568333181d61bb200086","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/Aa7C5BUD2hkPnnnL83ZmdA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137416078","content_text":"提起风险投资(VC),人们会想到这些传奇故事:“孙正义6分钟就决定投资阿里巴巴,狂赚2500多倍;彼得·蒂尔给Facebook投了50万美元,8年后变成约11亿美元;阿瑟·洛克给苹果投了约6万美元,3年后上涨为约1400万美元……”\n\n有趣的是,VC往往会被认为是“一夜暴富”,实际上行业头部效应非常明显,也必须拥有投资的珍贵品质——耐心;在外人看来,VC所在的一级市场缺少流动性,但这在VC眼中或许反而是优势。\n风险投资人黄海指出:风险投资体现了“买入是逻辑,卖出是艺术”,普通人也能借鉴VC的思维做投资。此话怎讲?\n从VC视角,看风险与收益\n风险投资也叫创业投资,有“高风险、高回报”的特点,毕竟大多数创业企业可能都会失败,极少数成功案例可以为失败案例买单。统计显示,美国VC行业整体年化收益约为16.4%,不过VC的头部效应、品牌效应非常明显。(美国风险投资协会数据,1987-2007区间年化收益率)\nVC是如何“悄悄变富,惊艳世人”的?风险投资家并非不惧风险的勇士,优秀的VC会通过惊人的耐心、准确的判断斩获更高胜率。红杉资本是全球最著名的VC之一,在美国投资了苹果、思科、谷歌、领英、WhatsApp等公司,据统计其平均持股时间达7年。\n图:红杉等基金的历史回报\n\n数据来源:《风投》,哈佛大学教授汤姆·尼古拉斯著。圆圈大小与规模大小成正比。\n为什么VC这么有耐心?答案很简单:不得不如此。参与一级市场的VC,往往不能随时退出,VC出资人也需要“被迫”长期持有。与一级市场相比,二级市场流动性更好,你能获得每天,甚至实时报价,但反过来看,“这是否也是二级市场的缺点呢?”\n正所谓“心急吃不了热豆腐”,VC一定深有体会。一方面,由于一级市场缺乏流动性,每次交易可能需要等很多年。另一方面,早期阶段的公司,不存在实时报价,估值变化也可能非常剧烈。VC能抵挡“赚快钱”的诱惑,恰恰是因为缺少这个途径。\n“募、投、管、退”四个步骤是VC的职责,其中最重要的环节就是“退”。判断是退出还是继续加码,是非常考验VC能力的事情。比如张一鸣的“九九房”创业失败了,但“一个华丽转身”打造出今日头条,所以重要的还是回归对商业与经营者的复杂判断。\n\n时有风吹幡动,非风动,非幡动,实乃心动——虽然二级市场提供了频繁交易的可能,但VC恐怕不喜欢这种交易便利与频繁报价带来的撩拨与试探。像VC一样谨慎思考,给自己的投资加一个“紧箍咒”,降低操作频率,在克制内心波澜的同时或许会有不一样的收获。\n“神秘”的VC出资人\n有耐心的资金永远是少数,加之VC募资规模可能高达数千万或数亿元,所以更像是“奢侈品”。它们的出资人来自哪里?\n风险投资可以算是美国的发明。20世纪80年代末,美国VC资金主要来源发生变化,从富有的个人和家庭明显转向退休金、社保基金、大学捐赠基金等机构投资者。我国则主要是上市公司、高净值个人、政府引导基金等。VC资金往往对于流动性要求更低,耐心更高。\n耶鲁大学捐赠基金前首席投资官大卫·史文森曾表示:某家风投机构是他们最赚钱的投资项目之一,为耶鲁带来的回报超过24亿美元。此外,风险投资人杜枫在著作中说:“退休基金是劳动者年轻的时候存下来,以保证退休和年老时的收益,是一种比较长期的投资,要得到超过通货膨胀的收益,就不能只限于固定存款。”美国退休基金为了分散风险,会以一小部分资金投资于VC,同时也争取拉高整体收益。\nVC思维下,如何投资?\nVC的投资思路,体现了价值投资的眼光。部分二级市场上市公司与创投公司类似,在不断涌现新的业务,进行商业创新、技术创新。此类公司的投资分析思路,往往也是看护城河、看用户、看粘性,同样需要在公司业务重大拐点发生之前及时发现,判断公司是否具有跨越式发展的潜力。\n此外,VC更看重的往往是10年左右的中长线行业分析思维,这也是建立在与公司内部管理层的深入了解沟通与合作的基础之上。二级市场普通投资者往往难以把握,时常会面临的恐慌情绪,部分源于对公司情况缺乏足够深入的分析与研究。举例来说,美股亚马逊股价曾经在2001年10月跌至5.51美元,自上市以来最大回撤居然达到95%,二级市场投资很难不为所动,理想化的价值投资思维往往面临各方面的考验与压力。\n图:1997至2021亚马逊股价(AMZN)\n\nVC与公募基金相比有很多不同,比如高杠杆运作、借壳上市等风险相对更大,但投资需要“正确的认知+逆人性”,不论风险投资或二级市场都是如此。“股神”巴菲特对于市场好时候、坏时候都保持淡定态度,也是源于其资金主要来自保险浮存金,能支持进行长期持有。对于普通投资者,一旦明确资金短期内无需动用,既然一样是用于长线,不妨将耐心思维、VC思维用在投资中。","news_type":1},"isVote":1,"tweetType":1,"viewCount":842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":806455717,"gmtCreate":1627690708539,"gmtModify":1633757148311,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"赞。。","listText":"赞。。","text":"赞。。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/806455717","repostId":"2155157381","repostType":4,"repost":{"id":"2155157381","kind":"highlight","pubTimestamp":1627676466,"share":"https://www.laohu8.com/m/news/2155157381?lang=&edition=full","pubTime":"2021-07-31 04:21","market":"us","language":"zh","title":"亚马逊收跌逾7%,财报逊预期遭多家投行下调目标价","url":"https://stock-news.laohu8.com/highlight/detail?id=2155157381","media":"新浪财经","summary":"亚马逊股价周五收盘大跌7.56%,报3327.59美元。该公司昨日公布的财报显示二季度营收及三季度业绩指引均不及市场预期,遭多家投行下调目标价,还因违反数据隐私法规被欧盟处以创纪录的7.46亿欧元(约","content":"<p><a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>股价周五收盘大跌7.56%,报3327.59美元。该公司昨日公布的财报显示二季度营收及三季度业绩指引均不及市场预期,遭多家投行下调目标价,还因违反数据隐私法规被欧盟处以创纪录的7.46亿欧元(约合8.88亿美元)罚款。</p>\n<p><img src=\"https://static.tigerbbs.com/79b44729fd45b9bdbd59446bda6a40b7\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>财报显示,亚马逊二季度营收1130.8亿美元,同比增长27.2%,为连续第三个季度超过1000亿美元,但不及市场预期的1152亿美元。展望三季度,亚马逊预计营收将在1060亿-1120亿美元之间,同比增幅10%-16%,不及市场预期的1192亿美元。</p>\n<p>财报发布后,多家华尔街大行发布研究报告,纷纷下调亚马逊的目标价,多位分析师预期该公司短期增长将放缓,但仍看好其长期增长前景。</p>\n<p><a href=\"https://laohu8.com/S/UBS\">瑞银</a>分析师Michael Lasser将亚马逊的目标价从4350美元下调至4020美元,但仍维持“买入”评级。</p>\n<p>该分析师在一份研究报告中告诉投资者,亚马逊第二季度营收低于预期,原因是消费者重返商店,参与更多休闲活动,减少了在线支出。 但Lasser补充道,亚马逊仍占本季度新增在线支出总额的44%,远高于过去5年通常占36%的比例。</p>\n<p>Oppenheimer分析师Jason Helfstein将亚马逊的目标价从4400美元下调至4200美元,并维持“跑赢大盘”评级。Helfstein在一份研究报告中告诉投资者,他预期亚马逊下半年增长放缓,不过,他仍看好该公司的长期增长前景。</p>\n<p><a href=\"https://laohu8.com/S/CS\">瑞士信贷</a>分析师Stephen Ju将亚马逊的目标价从4850美元下调至4700美元,并维持“跑赢大盘”评级。</p>\n<p>虽然大多数投资者将注意力放在低于市场预期的第三季度营收指引上,但Ju认为,更重要的是,随着亚马逊继续搭建“最后一公里”配送体系,为扩张Prime会员一日达服务做准备,资本支出将持续上升。不过,Ju表示他可能会在股价回调时买入。</p>\n<p><a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>分析师Brian Nowak将亚马逊的目标价从4500美元下调至4300美元,仍维持“增持”评级。</p>\n<p>此外,媒体报道,亚马逊还因违反欧盟通用数据保护条例(GDPR),被欧盟处以创纪录的7.46亿欧元的罚款。</p>\n<p>随后亚马逊回应,该罚款毫无根据。“没有数据泄露,也没有用户数据被暴露给任何第三方。”</p>\n<p>据悉,这是自2018年5月欧盟GDPR规则生效以来,迄今为止最大的一笔罚款。</p>","source":"sina_us","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" 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.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亚马逊收跌逾7%,财报逊预期遭多家投行下调目标价\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 04:21 北京时间 <a href=https://finance.sina.com.cn/stock/usstock/c/2021-07-31/doc-ikqcfncc0022926.shtml><strong>新浪财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>亚马逊股价周五收盘大跌7.56%,报3327.59美元。该公司昨日公布的财报显示二季度营收及三季度业绩指引均不及市场预期,遭多家投行下调目标价,还因违反数据隐私法规被欧盟处以创纪录的7.46亿欧元(约合8.88亿美元)罚款。\n\n财报显示,亚马逊二季度营收1130.8亿美元,同比增长27.2%,为连续第三个季度超过1000亿美元,但不及市场预期的1152亿美元。展望三季度,亚马逊预计营收将在1060...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-07-31/doc-ikqcfncc0022926.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9e8eecb12cfd50ec299f0fb440639512","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-07-31/doc-ikqcfncc0022926.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155157381","content_text":"亚马逊股价周五收盘大跌7.56%,报3327.59美元。该公司昨日公布的财报显示二季度营收及三季度业绩指引均不及市场预期,遭多家投行下调目标价,还因违反数据隐私法规被欧盟处以创纪录的7.46亿欧元(约合8.88亿美元)罚款。\n\n财报显示,亚马逊二季度营收1130.8亿美元,同比增长27.2%,为连续第三个季度超过1000亿美元,但不及市场预期的1152亿美元。展望三季度,亚马逊预计营收将在1060亿-1120亿美元之间,同比增幅10%-16%,不及市场预期的1192亿美元。\n财报发布后,多家华尔街大行发布研究报告,纷纷下调亚马逊的目标价,多位分析师预期该公司短期增长将放缓,但仍看好其长期增长前景。\n瑞银分析师Michael Lasser将亚马逊的目标价从4350美元下调至4020美元,但仍维持“买入”评级。\n该分析师在一份研究报告中告诉投资者,亚马逊第二季度营收低于预期,原因是消费者重返商店,参与更多休闲活动,减少了在线支出。 但Lasser补充道,亚马逊仍占本季度新增在线支出总额的44%,远高于过去5年通常占36%的比例。\nOppenheimer分析师Jason Helfstein将亚马逊的目标价从4400美元下调至4200美元,并维持“跑赢大盘”评级。Helfstein在一份研究报告中告诉投资者,他预期亚马逊下半年增长放缓,不过,他仍看好该公司的长期增长前景。\n瑞士信贷分析师Stephen Ju将亚马逊的目标价从4850美元下调至4700美元,并维持“跑赢大盘”评级。\n虽然大多数投资者将注意力放在低于市场预期的第三季度营收指引上,但Ju认为,更重要的是,随着亚马逊继续搭建“最后一公里”配送体系,为扩张Prime会员一日达服务做准备,资本支出将持续上升。不过,Ju表示他可能会在股价回调时买入。\n摩根士丹利分析师Brian Nowak将亚马逊的目标价从4500美元下调至4300美元,仍维持“增持”评级。\n此外,媒体报道,亚马逊还因违反欧盟通用数据保护条例(GDPR),被欧盟处以创纪录的7.46亿欧元的罚款。\n随后亚马逊回应,该罚款毫无根据。“没有数据泄露,也没有用户数据被暴露给任何第三方。”\n据悉,这是自2018年5月欧盟GDPR规则生效以来,迄今为止最大的一笔罚款。","news_type":1},"isVote":1,"tweetType":1,"viewCount":865,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153772511,"gmtCreate":1625054682933,"gmtModify":1633945415601,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"呃[得意] 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[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153778465","repostId":"1100844519","repostType":4,"isVote":1,"tweetType":1,"viewCount":723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":124605020,"gmtCreate":1624760701360,"gmtModify":1633948979623,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"呵呵","listText":"呵呵","text":"呵呵","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/124605020","repostId":"1113335274","repostType":4,"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":800523833,"gmtCreate":1627309050622,"gmtModify":1633766270079,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"赞","listText":"赞","text":"赞","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/800523833","repostId":"1145313708","repostType":4,"repost":{"id":"1145313708","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":1627308573,"share":"https://www.laohu8.com/m/news/1145313708?lang=&edition=full","pubTime":"2021-07-26 22:09","market":"us","language":"zh","title":"中概教育板块跌幅收窄,新东方现跌超18%","url":"https://stock-news.laohu8.com/highlight/detail?id=1145313708","media":"老虎资讯综合","summary":"7月26日,中概教育板块跌幅收窄,新东方现跌超18%,此前一度大跌超30%,高途现跌16%,好未来跌10%。","content":"<p>7月26日,中概教育板块跌幅收窄,<a href=\"https://laohu8.com/S/EDU\">新东方</a>现跌超18%,此前一度大跌超30%,<a href=\"https://laohu8.com/S/GOTU\">高途</a>现跌16%,<a href=\"https://laohu8.com/S/TAL\">好未来</a>跌10%。</p>\n<p><img src=\"https://static.tigerbbs.com/a73d22a61ed7f69f86b4fafefe858156\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>中概教育板块跌幅收窄,新东方现跌超18%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n中概教育板块跌幅收窄,新东方现跌超18%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-07-26 22:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>7月26日,中概教育板块跌幅收窄,<a href=\"https://laohu8.com/S/EDU\">新东方</a>现跌超18%,此前一度大跌超30%,<a href=\"https://laohu8.com/S/GOTU\">高途</a>现跌16%,<a href=\"https://laohu8.com/S/TAL\">好未来</a>跌10%。</p>\n<p><img src=\"https://static.tigerbbs.com/a73d22a61ed7f69f86b4fafefe858156\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{"TAL":"好未来","EDU":"新东方","GOTU":"高途"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145313708","content_text":"7月26日,中概教育板块跌幅收窄,新东方现跌超18%,此前一度大跌超30%,高途现跌16%,好未来跌10%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":668,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":159647059,"gmtCreate":1624966590271,"gmtModify":1633946455023,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"哈","listText":"哈","text":"哈","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159647059","repostId":"1104219503","repostType":4,"isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":159043363,"gmtCreate":1624932881852,"gmtModify":1633946817054,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159043363","repostId":"1144232954","repostType":4,"repost":{"id":"1144232954","kind":"news","pubTimestamp":1624932546,"share":"https://www.laohu8.com/m/news/1144232954?lang=&edition=full","pubTime":"2021-06-29 10:09","market":"hk","language":"zh","title":"踩雷之后,中国平安又砸重金接盘来福士!啥意思?","url":"https://stock-news.laohu8.com/highlight/detail?id=1144232954","media":"杠杆游戏","summary":"6月28日,中国商业地产界有大事。\n凯德集团向中国平安人寿保险出售位于中国的6个来福士资产组合的部分股权。\n本次合作涉及项目包括上海来福士广场、北京来福士中心、宁波来福士广场、成都来福士广场、长宁来福","content":"<p>6月28日,中国商业地产界有大事。</p>\n<p><a href=\"https://laohu8.com/S/C31.SI\">凯德集团</a>向<a href=\"https://laohu8.com/S/601318\">中国平安</a>人寿保险出售位于中国的6个来福士资产组合的部分股权。</p>\n<p>本次合作涉及项目包括上海来福士广场、北京来福士中心、宁波来福士广场、成都来福士广场、长宁来福士广场以及杭州来福士中心,该资产组合的总资产价值为467亿元人民币。</p>\n<p><img src=\"https://static.tigerbbs.com/e92f881e80c6d280ab25cdf65615abf8\" tg-width=\"1080\" tg-height=\"2337\" referrerpolicy=\"no-referrer\"></p>\n<p>按照协议,平安收购上述资产组合的部分股权,交易完成后,凯德在各项目中的持股比例,从交易前通过私募基金持有的30.7%-55%,变更为12.6%-30%,并继续负责项目的运营及资产管理。</p>\n<p>这是继2018年凯德集团通过旗下全资子公司凯德商用,向万科旗下商业地产平台印力集团,出售在中国20家购物中心项目的100%股权及相应负债,交易价格为17.059亿新元(83.65亿元人民币)后,凯德再次出售巨额资产。</p>\n<p>这引发了很多猜测和讨论,当然今天杠杆游戏重点不说凯德。而是要说说接盘大亨平安。</p>\n<p>很多人都说,中国最大的房企不是恒碧万,最大的大鳄是平安集团。</p>\n<p>首先,平安的商业地产遍布全国大城市。如下图。</p>\n<p><img src=\"https://static.tigerbbs.com/69dfd221b1eb13a93b9358e4aa071bed\" tg-width=\"550\" tg-height=\"567\" referrerpolicy=\"no-referrer\"></p>\n<p>图表来源|楼市探索者(特此感谢)</p>\n<p>商务、商业楼宇之多,简直太厉害了。</p>\n<p>其次,平安还与大量的房企合作,并拿下很多的地产项目。</p>\n<p>最受关注的,莫过于入股<a href=\"https://laohu8.com/S/600340\">华夏幸福</a>,成为第二大股东,因为平安陷入窘境。与此同时,平安还是<a href=\"https://laohu8.com/S/02007\">碧桂园</a>第二大股东、<a href=\"https://laohu8.com/S/00817\">中国金茂</a>第二大股东、旭辉控股第三大股东……</p>\n<p>对,今天我借平安收购6座来福士资产,用数据谈谈上述此前的大投资,今天都怎么样了。</p>\n<p><b><i>1</i></b></p>\n<p><b>180亿元拿下华夏幸福25%+的股份,如今华夏幸福总市值仅剩下206亿元</b></p>\n<p>2018年,华夏幸福的控股股东华夏幸福基业控股股份公司(下文简称“华夏控股”),与平安资产管理有限责任公司签订《股份转让协议》,向平安资管转让5.82124502亿股华夏幸福股份,占华夏幸福总股本的19.70%。</p>\n<p>当时,标的股份的转让价格确定为23.655元/股,转让价款共计约137.7亿元,这一价格距离合约前一个交易日收盘折价约5%。</p>\n<p>当然,平安不是白给钱买股份。</p>\n<p>当时华夏幸福承诺,将以该公司2017年度归属于上市公司股东的净利润为基数,在2018年度、201年度、2020年度的净利润增长率分别不低于30%、65%、105%,即2018年度、2019年度、2020年度归属于上市公司股东的净利润分别不低于114.15亿元、144.88亿元、180亿元。</p>\n<p>否则,华夏幸福将对平安资管进行现金补偿。</p>\n<p>后来我们知道,华夏幸福遇到了前所未有的困难。</p>\n<p>2019年,华夏控股通过协议转让方式,再次向平安资管继续减持约1.7亿股公司股份,平安资管以其受托管理的保险资金继续增持约1.7亿股公司股份,占公司总股本的5.69%,每股价格为24.597元,转让价款共计约42.03亿元。</p>\n<p>两次交易,华夏幸福大概获得了180亿元资金。</p>\n<p>中间华夏幸福和平安的故事,杠杆游戏就跳过。直接看如今的情况。</p>\n<p><img src=\"https://static.tigerbbs.com/f6d02509ae9cbab60aeb7c0174f0c77a\" tg-width=\"1006\" tg-height=\"234\" referrerpolicy=\"no-referrer\"></p>\n<p>截至2021年6月15日的持股情况,平安旗下的3个保险产品股东,持有华夏幸福980,328,766股,合计占25.05%。</p>\n<p>然后接着看,6月28日收盘,华夏幸福股价报收5.26元/股,总市值仅有205.86亿元。</p>\n<p>2018、2019年,平安拿下华夏幸福25%+的股份,就花了180亿元。</p>\n<p>按照6月28日的收盘价,平安目前持有华夏幸福980,328,766股、25.05%的股份,市值仅为接近52亿元。</p>\n<p><b><i>2</i></b></p>\n<p><b>投资碧桂园,浮盈惊人</b></p>\n<p>2015年,平安人寿以每股2.82港元的价格,购买碧桂园22.36亿股股份,投资额约为人民币62.95亿元,约占发行后碧桂园总股份数的9.9%。</p>\n<p><a href=\"https://laohu8.com/S/02318\">中国平安</a>于此成为碧桂园的第二大股东。</p>\n<p>此后6年发生的细节,杠杆游戏也不多谈。直接跳到当下。</p>\n<p>截至2020年末,平安持有碧桂园1,947,066,000股,占8.8361%。</p>\n<p>我们接着看6月28日的收盘价,9港币/股。</p>\n<p>对应的平安股份大概值175亿港币,浮盈惊人。</p>\n<p>此前平安,已经套现一部分。</p>\n<p>在碧桂园身上,平安表现得很成功。</p>\n<p><b><i>3</i></b></p>\n<p><b>4块8港币跻身中国金茂第二大股东,今天股价2块7港币不到</b></p>\n<p>2019年的夏天,中国金茂发布公告:</p>\n<blockquote>\n 根据平安协议及新华协议之条款及条件,控股股东中化集团以每股4.8106港元价格分别向平安及新华人寿出售17.87亿股及1555万股股份。\n</blockquote>\n<p>值得关注的是,平安认购17.87亿股股份后,占股本约15.20%,由此成为第二大股东。</p>\n<p>上述交易之后,中国金茂的央企属性未变,中化集团的持股比例由49.71%降至35.1。</p>\n<p>而此前作为中国金茂第二大股东的新华人寿,仍持股约9.18%,位列股东第三位。</p>\n<p>2020年春天,金茂公告称与平安成员企业签署了金融服务框架协议,涉及金额超过210亿元,年度最高贷款上限达100亿元。</p>\n<p>公告显示,金茂将在有需要时,使用平安成员企业以非独家方式提供的金融服务。</p>\n<p>截至2022年12月31日止三个年度,平安将在金融服务框架协议下提供存款服务、贷款服务及融资性保理服务,各自年度上限别为80亿元、100亿元和30亿元,总计210亿元。</p>\n<p>该额度,大大超过了目前金茂同平安成员企业之间的历史交易金额。</p>\n<p>不废话,截至2020年末,平安持有中国金茂1,787,077,435股,占14.0314%。如上图。</p>\n<p>截至6月28日收盘,中国金茂的股价报收2.69港币。杠杆游戏主注意到,2020年股价冲顶后,中国金茂总体一路往下,一个惨。</p>\n<p>过去一段时间,我们难得媒体上看到中国金茂的好消息,杠杆游戏此前也有写。这家央企旗下的地产公司,混得不好。</p>\n<p><b><i>4</i></b></p>\n<p><b>战略投资旭辉,浮盈还可以</b></p>\n<p>时间回到4年前的夏天。</p>\n<p>2017年7月27日晚间,旭辉公告称,该公司、平安投资管理人及平安投资者订立平安认购协议,旭辉将较今日收市价折让约12.94%按每股3.5港元向平安投资管理人增发5.45亿股股份,占扩大后股本约7.4%。</p>\n<p>此次交易平安认购所得款项净额将约为19.07亿港元,旭辉将用于其发展或用作集团一般营运资金。</p>\n<p>此前,平安共拥有旭辉控股约2亿股股份,经过此次增持,平安共拥有旭辉控股约7亿多股股份,占其已发行股本的10%左右。</p>\n<p>当时,旭辉集团董事长林中在一场沟通会上表示,未来五年旭辉要保持40%以上的快速增长。“要提高规模的竞争优势、发挥规模对资源的配置能力。”</p>\n<p>力争在2020年之前进入行业TOP8,3000亿元销售目标。</p>\n<p>如今回过头去看,旭辉的目标远没有实现,2020年全口径销售额只有2300亿元左右。</p>\n<p><img src=\"https://static.tigerbbs.com/a28d656c65daf003e37c917b1ff01eef\" tg-width=\"918\" tg-height=\"530\" referrerpolicy=\"no-referrer\"></p>\n<p>截至2020年末,平安通过平安人寿、平安资管香港公司,仍旧持有旭辉5亿多股的股份。</p>\n<p>如果按照6月28日6.1港币的收盘价,平安持有的旭辉股票价值30多亿港币,浮盈也还可以。</p>\n<p><img src=\"https://static.tigerbbs.com/806dfd2ff35d34502fd3b543e0725b65\" tg-width=\"605\" tg-height=\"410\" referrerpolicy=\"no-referrer\"></p>\n<p>中国平安投资房企的故事还有很多,比如融创的孙宏斌曾经质押了一些股票给平安,还比如投资朗诗……</p>\n<p>总的来说,有大赚有“巨亏”。</p>\n<p>就目前来说,投资的华夏幸福成了一个烫手山芋,中国金茂的日子也不好过。</p>\n<p>至于收购来福士资产,未来如何,以后见分晓。</p>","source":"lsy1574902984297","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>踩雷之后,中国平安又砸重金接盘来福士!啥意思?</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踩雷之后,中国平安又砸重金接盘来福士!啥意思?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 10:09 北京时间 <a href=https://mp.weixin.qq.com/s/pd2BfFeUP5fUOnSyCDzw0w><strong>杠杆游戏</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>6月28日,中国商业地产界有大事。\n凯德集团向中国平安人寿保险出售位于中国的6个来福士资产组合的部分股权。\n本次合作涉及项目包括上海来福士广场、北京来福士中心、宁波来福士广场、成都来福士广场、长宁来福士广场以及杭州来福士中心,该资产组合的总资产价值为467亿元人民币。\n\n按照协议,平安收购上述资产组合的部分股权,交易完成后,凯德在各项目中的持股比例,从交易前通过私募基金持有的30.7%-55%,...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/pd2BfFeUP5fUOnSyCDzw0w\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a4975bcb8e86837e1bea3ab798408b0a","relate_stocks":{"601318":"中国平安","03145":"华夏亚洲高息股","02318":"中国平安","LU":"陆金所"},"source_url":"https://mp.weixin.qq.com/s/pd2BfFeUP5fUOnSyCDzw0w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144232954","content_text":"6月28日,中国商业地产界有大事。\n凯德集团向中国平安人寿保险出售位于中国的6个来福士资产组合的部分股权。\n本次合作涉及项目包括上海来福士广场、北京来福士中心、宁波来福士广场、成都来福士广场、长宁来福士广场以及杭州来福士中心,该资产组合的总资产价值为467亿元人民币。\n\n按照协议,平安收购上述资产组合的部分股权,交易完成后,凯德在各项目中的持股比例,从交易前通过私募基金持有的30.7%-55%,变更为12.6%-30%,并继续负责项目的运营及资产管理。\n这是继2018年凯德集团通过旗下全资子公司凯德商用,向万科旗下商业地产平台印力集团,出售在中国20家购物中心项目的100%股权及相应负债,交易价格为17.059亿新元(83.65亿元人民币)后,凯德再次出售巨额资产。\n这引发了很多猜测和讨论,当然今天杠杆游戏重点不说凯德。而是要说说接盘大亨平安。\n很多人都说,中国最大的房企不是恒碧万,最大的大鳄是平安集团。\n首先,平安的商业地产遍布全国大城市。如下图。\n\n图表来源|楼市探索者(特此感谢)\n商务、商业楼宇之多,简直太厉害了。\n其次,平安还与大量的房企合作,并拿下很多的地产项目。\n最受关注的,莫过于入股华夏幸福,成为第二大股东,因为平安陷入窘境。与此同时,平安还是碧桂园第二大股东、中国金茂第二大股东、旭辉控股第三大股东……\n对,今天我借平安收购6座来福士资产,用数据谈谈上述此前的大投资,今天都怎么样了。\n1\n180亿元拿下华夏幸福25%+的股份,如今华夏幸福总市值仅剩下206亿元\n2018年,华夏幸福的控股股东华夏幸福基业控股股份公司(下文简称“华夏控股”),与平安资产管理有限责任公司签订《股份转让协议》,向平安资管转让5.82124502亿股华夏幸福股份,占华夏幸福总股本的19.70%。\n当时,标的股份的转让价格确定为23.655元/股,转让价款共计约137.7亿元,这一价格距离合约前一个交易日收盘折价约5%。\n当然,平安不是白给钱买股份。\n当时华夏幸福承诺,将以该公司2017年度归属于上市公司股东的净利润为基数,在2018年度、201年度、2020年度的净利润增长率分别不低于30%、65%、105%,即2018年度、2019年度、2020年度归属于上市公司股东的净利润分别不低于114.15亿元、144.88亿元、180亿元。\n否则,华夏幸福将对平安资管进行现金补偿。\n后来我们知道,华夏幸福遇到了前所未有的困难。\n2019年,华夏控股通过协议转让方式,再次向平安资管继续减持约1.7亿股公司股份,平安资管以其受托管理的保险资金继续增持约1.7亿股公司股份,占公司总股本的5.69%,每股价格为24.597元,转让价款共计约42.03亿元。\n两次交易,华夏幸福大概获得了180亿元资金。\n中间华夏幸福和平安的故事,杠杆游戏就跳过。直接看如今的情况。\n\n截至2021年6月15日的持股情况,平安旗下的3个保险产品股东,持有华夏幸福980,328,766股,合计占25.05%。\n然后接着看,6月28日收盘,华夏幸福股价报收5.26元/股,总市值仅有205.86亿元。\n2018、2019年,平安拿下华夏幸福25%+的股份,就花了180亿元。\n按照6月28日的收盘价,平安目前持有华夏幸福980,328,766股、25.05%的股份,市值仅为接近52亿元。\n2\n投资碧桂园,浮盈惊人\n2015年,平安人寿以每股2.82港元的价格,购买碧桂园22.36亿股股份,投资额约为人民币62.95亿元,约占发行后碧桂园总股份数的9.9%。\n中国平安于此成为碧桂园的第二大股东。\n此后6年发生的细节,杠杆游戏也不多谈。直接跳到当下。\n截至2020年末,平安持有碧桂园1,947,066,000股,占8.8361%。\n我们接着看6月28日的收盘价,9港币/股。\n对应的平安股份大概值175亿港币,浮盈惊人。\n此前平安,已经套现一部分。\n在碧桂园身上,平安表现得很成功。\n3\n4块8港币跻身中国金茂第二大股东,今天股价2块7港币不到\n2019年的夏天,中国金茂发布公告:\n\n 根据平安协议及新华协议之条款及条件,控股股东中化集团以每股4.8106港元价格分别向平安及新华人寿出售17.87亿股及1555万股股份。\n\n值得关注的是,平安认购17.87亿股股份后,占股本约15.20%,由此成为第二大股东。\n上述交易之后,中国金茂的央企属性未变,中化集团的持股比例由49.71%降至35.1。\n而此前作为中国金茂第二大股东的新华人寿,仍持股约9.18%,位列股东第三位。\n2020年春天,金茂公告称与平安成员企业签署了金融服务框架协议,涉及金额超过210亿元,年度最高贷款上限达100亿元。\n公告显示,金茂将在有需要时,使用平安成员企业以非独家方式提供的金融服务。\n截至2022年12月31日止三个年度,平安将在金融服务框架协议下提供存款服务、贷款服务及融资性保理服务,各自年度上限别为80亿元、100亿元和30亿元,总计210亿元。\n该额度,大大超过了目前金茂同平安成员企业之间的历史交易金额。\n不废话,截至2020年末,平安持有中国金茂1,787,077,435股,占14.0314%。如上图。\n截至6月28日收盘,中国金茂的股价报收2.69港币。杠杆游戏主注意到,2020年股价冲顶后,中国金茂总体一路往下,一个惨。\n过去一段时间,我们难得媒体上看到中国金茂的好消息,杠杆游戏此前也有写。这家央企旗下的地产公司,混得不好。\n4\n战略投资旭辉,浮盈还可以\n时间回到4年前的夏天。\n2017年7月27日晚间,旭辉公告称,该公司、平安投资管理人及平安投资者订立平安认购协议,旭辉将较今日收市价折让约12.94%按每股3.5港元向平安投资管理人增发5.45亿股股份,占扩大后股本约7.4%。\n此次交易平安认购所得款项净额将约为19.07亿港元,旭辉将用于其发展或用作集团一般营运资金。\n此前,平安共拥有旭辉控股约2亿股股份,经过此次增持,平安共拥有旭辉控股约7亿多股股份,占其已发行股本的10%左右。\n当时,旭辉集团董事长林中在一场沟通会上表示,未来五年旭辉要保持40%以上的快速增长。“要提高规模的竞争优势、发挥规模对资源的配置能力。”\n力争在2020年之前进入行业TOP8,3000亿元销售目标。\n如今回过头去看,旭辉的目标远没有实现,2020年全口径销售额只有2300亿元左右。\n\n截至2020年末,平安通过平安人寿、平安资管香港公司,仍旧持有旭辉5亿多股的股份。\n如果按照6月28日6.1港币的收盘价,平安持有的旭辉股票价值30多亿港币,浮盈也还可以。\n\n中国平安投资房企的故事还有很多,比如融创的孙宏斌曾经质押了一些股票给平安,还比如投资朗诗……\n总的来说,有大赚有“巨亏”。\n就目前来说,投资的华夏幸福成了一个烫手山芋,中国金茂的日子也不好过。\n至于收购来福士资产,未来如何,以后见分晓。","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150161569,"gmtCreate":1624890037751,"gmtModify":1633947420351,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"[开心] [开心] ","listText":"[开心] [开心] ","text":"[开心] [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150161569","repostId":"1147671023","repostType":4,"repost":{"id":"1147671023","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":1624888114,"share":"https://www.laohu8.com/m/news/1147671023?lang=&edition=full","pubTime":"2021-06-28 21:48","market":"us","language":"zh","title":"【异动】票房\"井喷\",AMC院线涨超5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1147671023","media":"老虎资讯综合","summary":"6月28日,AMC院线盘初涨超5%,其以超过200万美国观众刷新了重新开放后的周末票房纪录,并创下自2019年以来美国电影首映票房最高的纪录。","content":"<p>6月28日,<a href=\"https://laohu8.com/S/AMC\">AMC院线</a>盘初涨超5%,其以超过200万美国观众刷新了重新开放后的周末票房纪录,并创下自2019年以来美国电影首映票房最高的纪录。</p>\n<p><img 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}\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【异动】票房\"井喷\",AMC院线涨超5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-06-28 21:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>6月28日,<a href=\"https://laohu8.com/S/AMC\">AMC院线</a>盘初涨超5%,其以超过200万美国观众刷新了重新开放后的周末票房纪录,并创下自2019年以来美国电影首映票房最高的纪录。</p>\n<p><img src=\"https://static.tigerbbs.com/f35b3ff7c8894f0736293dccf8e02152\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bd3ac286c2233d10a592ba6c388667fb","relate_stocks":{"AMC":"AMC院线"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147671023","content_text":"6月28日,AMC院线盘初涨超5%,其以超过200万美国观众刷新了重新开放后的周末票房纪录,并创下自2019年以来美国电影首映票房最高的纪录。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":124608962,"gmtCreate":1624760615556,"gmtModify":1633948982508,"author":{"id":"4087145964933790","authorId":"4087145964933790","name":"Tanks80","avatar":"https://static.tigerbbs.com/447247d52099943ccc022b020772bad1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087145964933790","authorIdStr":"4087145964933790"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] 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