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2021-11-17

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2021-11-10

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前WeWork CEO回忆往事：470亿估值让我昏了头

2021-11-10

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特斯拉最大劲敌要来了！Rivian将IPO定价在78美元

2021-11-05

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优矩互动一手中签率15.7%，认购8手稳中一手

2021-11-03

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动视暴雪盘前跌超12%，公司Q4业绩展望不佳

2021-11-02

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安飞士盘中触发第二次熔断，日内涨幅83.93%

2021-11-01

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微创机器人-B一手中签率3.3%，认购40手稳中一手

2021-10-29

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传特斯拉向宁德时代预订电池，预示明年销量有望大增

2021-10-28

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盘前：市场情绪趋谨慎！聚焦苹果、亚马逊财报

2021-10-27

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GameStop轧空风暴启示录：警惕利用社交媒体操纵市场

2021-10-26

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特斯拉市值首破万亿！垃圾级评级第一家、车企第一家

2021-10-24

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2021-10-23

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又到“双11”，券商抛出宏大攻略，还有A股相关掘金术

2021-10-19

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“有钱的”花样年，如何走上了债务违约之路？

2021-10-18

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暗盘：微泰医疗-B跌近6%，此前获逾6倍认购

2021-10-17

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2021-10-16

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2021-10-13

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李书福会步董明珠的后尘吗？

2021-10-12

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五菱迈向高端，人民会买账吗？

2021-10-11

wow

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15:01","market":"us","language":"zh","title":"前WeWork CEO回忆往事：470亿估值让我昏了头","url":"https://stock-news.laohu8.com/highlight/detail?id=2182895220","media":"市场资讯","summary":"　北京时间11月10日消息，据报道，亚当·诺伊曼 曾经是WeWork的CEO，不过2019年时他被公司扫地出门，当时WeWork正准备IPO。最近诺伊曼接受媒体采访，称当时公司估值达到470亿美元的确让他有点冲昏了头。不到一个月前WeWork通过SPAC模式上市，估值只有90亿美元。当诺伊曼离开WeWork时，他拿到大约10亿美元。","content":"<p>北京时间11月10日消息，据报道，亚当·诺伊曼（Adam Neumann）曾经是WeWork的CEO，不过2019年时他被公司扫地出门，当时WeWork正准备IPO。最近诺伊曼接受媒体采访，称当时公司估值达到470亿美元的确让他有点冲昏了头。</p>\n<p>诺伊曼说：“估值让我觉得我们是正确的，让我们觉得自己的领导风格也是正确的。”</p>\n<p>不到一个月前WeWork通过SPAC模式上市，估值只有90亿美元。<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>负责WeWork的IPO，正是摩根大通CEO说服诺伊曼下台。当诺伊曼离开WeWork时，他拿到大约10亿美元。</p>\n<p>诺伊曼称：“公司的估值从470亿美元降到90亿美元，有人认为我从下降中获益，这种说法完全错误。”</p>\n<p>对于这种说法诺伊曼表示理解，因为有些员工丢掉工作，薪水减少，股票估值缩水。诺伊曼称自己从未想过要搞坏公司，每一家<a href=\"https://laohu8.com/S/V03.SI\">创业公司</a>都有自己的风险。</p>\n<p>诺伊曼称：“你拿到股权，加入一家创业公司，你就承担了一定的风险。现在我希望每个人都能得到不同的结果，但市场现在认定WeWork只值90亿美元。市值每天都在变，我真心觉得现在的WeWork比以前机会更好。”</p>\n<p>对于在公司饮酒、吸毒的指控，诺伊曼称这样的故事适合电影和电视剧。他所知道的唯一毒品是大麻，WeWork有着有趣的文化。</p>\n<p>有人建议诺伊曼与WeWork员工分享财富，诺伊曼不予置评；不过他说联合创始人米格尔·麦克凯尔维（Miguel McKelvey）已经用他们的钱私下做了一些事，他们还没有准备好谈论此事。诺伊曼现在通过家族办公室投资，他对加密货币蛮感兴趣。</p>","source":"sina_tech","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>前WeWork CEO回忆往事：470亿估值让我昏了头</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前WeWork CEO回忆往事：470亿估值让我昏了头\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 15:01 北京时间&nbsp;&nbsp;&nbsp;<a href=https://tech.sina.cn/i/gj/2021-11-10/detail-iktzscyy4632101.d.html?vt=4><strong>市场资讯</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>北京时间11月10日消息，据报道，亚当·诺伊曼（Adam Neumann）曾经是WeWork的CEO，不过2019年时他被公司扫地出门，当时WeWork正准备IPO。最近诺伊曼接受媒体采访，称当时公司估值达到470亿美元的确让他有点冲昏了头。\n诺伊曼说：“估值让我觉得我们是正确的，让我们觉得自己的领导风格也是正确的。”\n不到一个月前WeWork通过SPAC模式上市，估值只有90亿美元。摩根大通负责...</p>\n\n<a href=\"https://tech.sina.cn/i/gj/2021-11-10/detail-iktzscyy4632101.d.html?vt=4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3dfc55c690d48fb3cf97a0878f70a4ac","relate_stocks":{},"source_url":"https://tech.sina.cn/i/gj/2021-11-10/detail-iktzscyy4632101.d.html?vt=4","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2182895220","content_text":"北京时间11月10日消息，据报道，亚当·诺伊曼（Adam Neumann）曾经是WeWork的CEO，不过2019年时他被公司扫地出门，当时WeWork正准备IPO。最近诺伊曼接受媒体采访，称当时公司估值达到470亿美元的确让他有点冲昏了头。\n诺伊曼说：“估值让我觉得我们是正确的，让我们觉得自己的领导风格也是正确的。”\n不到一个月前WeWork通过SPAC模式上市，估值只有90亿美元。摩根大通负责WeWork的IPO，正是摩根大通CEO说服诺伊曼下台。当诺伊曼离开WeWork时，他拿到大约10亿美元。\n诺伊曼称：“公司的估值从470亿美元降到90亿美元，有人认为我从下降中获益，这种说法完全错误。”\n对于这种说法诺伊曼表示理解，因为有些员工丢掉工作，薪水减少，股票估值缩水。诺伊曼称自己从未想过要搞坏公司，每一家创业公司都有自己的风险。\n诺伊曼称：“你拿到股权，加入一家创业公司，你就承担了一定的风险。现在我希望每个人都能得到不同的结果，但市场现在认定WeWork只值90亿美元。市值每天都在变，我真心觉得现在的WeWork比以前机会更好。”\n对于在公司饮酒、吸毒的指控，诺伊曼称这样的故事适合电影和电视剧。他所知道的唯一毒品是大麻，WeWork有着有趣的文化。\n有人建议诺伊曼与WeWork员工分享财富，诺伊曼不予置评；不过他说联合创始人米格尔·麦克凯尔维（Miguel McKelvey）已经用他们的钱私下做了一些事，他们还没有准备好谈论此事。诺伊曼现在通过家族办公室投资，他对加密货币蛮感兴趣。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847254365,"gmtCreate":1636527902904,"gmtModify":1636527903165,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847254365","repostId":"1168405895","repostType":4,"repost":{"id":"1168405895","weMediaInfo":{"introduction":"华尔街见闻出品，专注于美股市场。为您提供最重要的资讯数据，最全面的市场动态和最深刻的解读分析。","home_visible":1,"media_name":"见闻IPO","id":"1083533104","head_image":"https://static.tigerbbs.com/0717bf7b1e5642e9827aeffbf11eb9ad"},"pubTimestamp":1636509346,"share":"https://www.laohu8.com/m/news/1168405895?lang=&edition=full","pubTime":"2021-11-10 09:55","market":"us","language":"zh","title":"特斯拉最大劲敌要来了！Rivian将IPO定价在78美元","url":"https://stock-news.laohu8.com/highlight/detail?id=1168405895","media":"见闻IPO","summary":"电动皮卡新锐$Rivian$将于11月10日登陆纳斯达克，此次IPO，将使其成为年度中全球规模最大、最受期待的交易之一。据华尔街日报援引知情人士表示，美国加州电动汽车初创公司Rivian在此次备受期待的IPO中，将发行价格定为每股78美元，远高于其上调后的定价区间上限。目前，Rivian的估值已经超过了770亿美元。上周五，Rivian表示，计划以每股72-74美元的价格进行发行，已经远高于其最初的目标价格区间57-62美元。","content":"<p>电动皮卡新锐<a href=\"https://laohu8.com/S/RIVN\">Rivian</a>将于11月10日登陆纳斯达克，此次IPO，将使其成为年度中全球规模最大、最受期待的交易之一。</p>\n<p>据华尔街日报援引知情人士表示，美国加州电动汽车初创公司Rivian在此次备受期待的IPO中，将发行价格定为每股78美元，远高于其上调后的定价区间上限。目前，Rivian的估值已经超过了770亿美元（超4000亿元）。</p>\n<p>该公司得到了<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>的支持，预计将通过发行比原计划（80亿美元）更多的股票来筹集约120亿美元的资金。如果募资顺利，那么这一融资规模有望使<b>Rivian成为年内最大的美股IPO，且位居2011年之后美股IPO规模第四。</b></p>\n<p>据媒体报道，近十年内，美国资本市场中只有三家公司的IPO融资规模超过80亿美元，分别是2014年上市的<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>（250亿美元）和Facebook（160亿美元），以及2019年上市的Uber（81亿美元）。</p>\n<p>知情人士还表示，在周二晚间，拟出售的股票数量仍在变动，因此具体的数字可能还会发生变化。上周五，Rivian表示，计划以每股72-74美元的价格进行发行，已经远高于其最初的目标价格区间57-62美元。</p>\n<p>在上市之前，Rivian还列出了一长串所谓的“锚定投资者”名单，他们表示有兴趣购买50亿美元的股票。亚马逊和投资公司T. Rowe price Group Inc.、Coatue Management和富兰克林邓普顿（Franklin Templeton）都表示将按IPO价格买入。</p>\n<p>这个更加名副其实的<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>“死对头”到底是什么来头？</p>\n<p><b>成立仅10年，飞速成长</b></p>\n<p>把Rivian称作特斯拉的“死对头”一点都没有夸张。</p>\n<p>媒体援引<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>分析师的观点，认为特斯拉在电动车市场的主导地位可能会被Rivian打破。</p>\n<p>而特斯拉本身也一直在关注这位对手。</p>\n<p>对于Rivian的高估值，马斯克曾在推特上回复一位网友对Rivian估值的评论时辛辣回复：“我不想无理取闹，但在IPO之前，每对应10亿美元的估值，他们至少应该交付一辆汽车？”</p>\n<p><img src=\"https://static.tigerbbs.com/844ddc8eba2ce481b8417699f1ff6c4d\" tg-width=\"601\" tg-height=\"127\" referrerpolicy=\"no-referrer\"></p>\n<p>事实上，就连Rivian的创始人也被视作同马斯克一样具有人格魅力。虽然斯卡林格在推特上的粉丝数量只有马斯克的千分之一，但Rivian还是将「Rivian 的服务与声誉高度依赖斯卡林格」列为公司经营的风险因素之一。</p>\n<p><img src=\"https://static.tigerbbs.com/6d4377beb2c68a2a34c206e4c2950977\" tg-width=\"608\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>\n<p>斯卡林格拥有优异的学历背景，博士毕业于MIT的斯隆汽车实验室，刚毕业就勇敢选择了创业这条路，成立Rivian的前身——Avera。</p>\n<p>刚成立时，这家不起眼的公司只有20个人左右，但很快就以一款 2+2 布局的混合动力轿跑车型R1从佛罗里达州政府手里拿到了 200 万美元的「赠款」作为初始资金。</p>\n<p>不过时间到2011年之后，斯卡林格改变了公司的业务方向，搁置了「混合动力」的选择，转而专注于纯电动汽车，将主要开发皮卡和SUV，并将公司正式变更为Rivian。</p>\n<p>改掉旧名字的一个重要原因是Avera曾经被<a href=\"https://laohu8.com/S/HYUD.UK\">现代汽车</a>注册为商标，并提起了诉讼。不过斯卡林格同时表示新名字同时向公司所在地的Indian River Lagoon致敬。</p>\n<p>由于被搁置，所以2011年公司曾经公开发布的原型车是不是就是这个最初的R1，市场一直并不是很确定。</p>\n<p><img src=\"https://static.tigerbbs.com/b4f4a625e83078897c408b078caa4041\" tg-width=\"460\" tg-height=\"275\" referrerpolicy=\"no-referrer\"></p>\n<p>2015年时，Rivian在密歇根和旧金山湾区设立了研发中心。为了离核心供应商更近，Rivian在同一年将总部从佛罗里达搬到了密歇根州的利沃尼亚，开始构建关于电动<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>车的“整个生态系统”，还将原型车推向了共享乘车和无人驾驶汽车市场。</p>\n<p>2017年，Rivian买下了三菱的一处旧厂，该厂位于伊利诺伊州诺默尔市。这一买厂而非建厂的举措也被拿来和特斯拉相比较，后者曾买下加州的新联合汽车制造公司工厂。</p>\n<p>2017年底，Rivian就宣布原型车已经完成，将进入测试阶段。2018年时，Rivian表示将即将推出的皮卡命名为A1T，将SUV命名为A1C，此后又宣布重新命名，宣布这两款车将分别叫R1T和R1S。</p>\n<p>这两款车原计划于2021年6月推出，但由于全球缺芯的影响，R1T的交付一直推迟到了2021年9月才得以实现。7座SUV R1S和商用物流车EDV则计划于今年12月交付。</p>\n<p><b>背靠亚马逊、福特两棵大树</b></p>\n<p>2011年才确定战略就进展如此之快，离不开创始人斯卡林格背后的金主们，截至2021年8月，公司已累计募集了约110亿美元，融资规模直接逼近特斯拉上市后的融资。</p>\n<p>早期，Rivian的资金主要来自于“赠款”，斯卡林格的父亲是一家军事相关热控公司的创始人，一方面较为富有能够为Rivian提供支持；另一方面由于与政府及军方的关系，也为斯卡林格的后续发展带来了各方面的便利。</p>\n<p>早期的几笔款项的主要来源包括佛罗里达州的捐赠及税收贷款、住友集团的战略投资等。</p>\n<p>更大规模的融资则始于2018年，历史上的投资方包括亚马逊、渣打银行、<a href=\"https://laohu8.com/S/F\">福特汽车</a>、贝莱德、及另外一些金融机构。</p>\n<p><img src=\"https://static.tigerbbs.com/069690083de608d6c9dc7f3d5a9913a7\" tg-width=\"846\" tg-height=\"1822\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：企查查</p>\n<p>其中号称“最讨厌特斯拉”的亚马逊在Rivian的融资历史中扮演了重要角色，此外福特也占据了重要位置。</p>\n<p>目前的招股书并未披露股东的具体持股比例，唯一可以确定的是亚马逊和福特的持股比例均超过5%，且亚马逊在股东中排名首位。但此前曾有外媒报道，称亚马逊目前持股比例已经达到公司的四分之一。</p>\n<p><img src=\"https://static.tigerbbs.com/e3b208d940f14aa4be3988885881d6b3\" tg-width=\"854\" tg-height=\"280\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>而根据目前融资总额以及亚马逊投资的了25亿美元计算，IPO前亚马逊的股权占比至少接近25%。</p>\n<p>同时，亚马逊的全球企业和业务发展高级副总裁彼得·克拉维茨（Peter Krawiec）还担任Rivian的董事会成员。</p>\n<p>Rivian与亚马逊的关系重大到让人无法忽略，除了股权上的关系之外，它的收入大头同样来自亚马逊。</p>\n<p>2019年9月时，Rivian已于亚马逊签订协议，将为亚马逊提供EDV货车，用于其最后一英里的物流交付。而 Rivian 计划在 2022 年为亚马逊交付1万 EDV，到 2030 年，共计划交付10万辆。</p>\n<p>而未来具体的订单节奏，会视亚马逊自身物流业务的进展和充电设施布局而定。但至少，未来四年Rivian拥有亚马逊的独家送货车订单，且在之后2年仍然享有优先供应权。</p>\n<p>而另外一位重要股东福特，除了提供资金外，还协助开发原型车。招股书显示，福特在Rivian中的角色主要由其全资子公司 Troy Design and Manufacturing Co.为Rivian提供原型设计和开发服务。从 2019 年到 2020 年底，Rivian 向这家福特子公司共计支付了 7400万美元的服务费用。</p>\n<p><img src=\"https://static.tigerbbs.com/51efa234da33c0b96cd1a76feba4f880\" tg-width=\"836\" tg-height=\"88\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p><b>打造第一台电动皮卡</b></p>\n<p>那么，深受亚马逊和贝索斯倚重的Rivian，魅力到底在哪？</p>\n<p>Rivian与特斯拉不同，它从一开始就选择了一条在美国极其讨喜的赛道——皮卡电动车。</p>\n<p>对于缺少高速公共交通工具的美国人来说，自驾是更加方便的出行方式。同时大多数人拥有自己独立的别墅、车库、草坪和院落，为了打理院子，需要购买诸多工具、材料和日用品；而人力成本在美国非常高，大部分人会选择自己动手。</p>\n<p>因此，啥都能装的皮卡就成为美国人最喜欢的车型，其次是SUV。</p>\n<p>2020年美国汽车销量排行中，前三名福特F系、雪佛兰索罗德和道奇RAM全部是皮卡，第四名之后才开始出现SUV。</p>\n<p><img src=\"https://static.tigerbbs.com/7e54e7d83cbce73793d236bef7986e0c\" tg-width=\"476\" tg-height=\"450\" referrerpolicy=\"no-referrer\"></p>\n<p>而另一方面，面对汽车电动化趋势和日趋严苛的全球排放标准，美国本土作为全球最大的皮卡消费市场，燃油皮卡的电动化替代已然被提上日程。传统皮卡的大排量、高油耗等诸多不利于环保的“弊端”，在纯电动皮卡车型上将不复存在。随着美国政府2035年汽车零排放政策的不断推进，未来的电动皮卡车无疑拥有十分广阔的发展潜力。</p>\n<p>深谙美国市场的Rivian选择专攻电动皮卡，迎合美国车迷的口味，自然就成功了一半。而如今，它也已经成功推出了第一款电动皮卡。</p>\n<p>就算回看几年之前，Rivian也是第一家发布电动皮卡的车企。</p>\n<p>2018年11月，Rivian率先发布了旗下首款电动皮卡R1T；2019年11月22日，特斯拉发布了该公司第一辆电动皮卡，名为Cybertruck。根据特斯拉的消息，截至目前，Cybertruck的订单数量已经超过100万辆。紧随其后的是美国两家老牌车企——<a href=\"https://laohu8.com/S/GM\">通用汽车</a>和福特，它们分别在2020年11月和2021年5月发布了纯电动版本的悍马和F-150。</p>\n<p>虽然时间多次推迟，但9月15日，创始人斯卡林格在推特上宣布，公司首款电动皮卡R1T的第一辆车完成生产并下线。Rivian由此成为第一家将电动皮卡推向市场的汽车制造商。这一时间大幅领先通用、福特等竞争对手，特斯拉的Cybertruck原本计划在今年底交付，但目前也已推迟计划，并预计将于2022年实现下线并于2023年开始量产交付。</p>\n<p><img src=\"https://static.tigerbbs.com/21414a40417e234e0764df210840f6db\" tg-width=\"599\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：推特</p>\n<p>所以马斯克对Rivian如此针锋相对是有原因的，谁让Rivian领先了一年就下线了第一台车呢？</p>\n<p>除此之外，Rivian还频繁挖角儿，包括特斯拉、福特、FF和迈凯伦在内的多家公司员工和高管都被斯卡林格纳入麾下。虽然被气到发疯的特斯拉起诉过，但Rivian还是继续聘任特斯拉的前高管Kalayjian担任Rivian的工程和产品高级副总裁。</p>\n<p><b>标配皮卡续航里程约500公里</b></p>\n<p>官网上，目前皮卡车型 R1T和SUV车型 R1S都在预售中，可以自行选择配置方案。招股书显示，截至 9 月底，其拥有近&nbsp;5 万份（48390）R1T 和 R1S 的预定单（每个订单需付1000元可退还的定金）。</p>\n<p><img src=\"https://static.tigerbbs.com/c06c4e6a85071965699410e7e792e59b\" tg-width=\"719\" tg-height=\"648\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：官网</p>\n<p>无论是 R1T、R1S 还是交付给亚马逊的 EDV，Rivian 都采用了「滑板」纯电驱动平台。</p>\n<p>这种「滑板」平台将电机、电池管理系统、冷却系统、悬架系统、液压控制系统全部整合到一个完整的模块中，位于底盘中间。四电机版本的 R1T 可以能实现坦克转向（原地转向）。</p>\n<p><img src=\"https://static.tigerbbs.com/2fdecb910b9ac87c8c867d3bd38b5917\" tg-width=\"555\" tg-height=\"319\" referrerpolicy=\"no-referrer\"></p>\n<p>外表上看，R1T 的外观没有 Cybertruck 那么激进，整个车身保留了传统皮卡的主体框架。通过粗线条的灯带贯穿车头，以及两个长椭圆状的大灯，打造出一个富有科技感的前脸。</p>\n<p>而R1S则选择了全封闭车体，第三排还有两个座椅，但与此同时，装备通道功能就被牺牲了。</p>\n<p><img src=\"https://static.tigerbbs.com/90e238790c3e2658b684eefa03685ee6\" tg-width=\"1080\" tg-height=\"629\" referrerpolicy=\"no-referrer\"></p>\n<p>价格方面，R1T的首批发布的标配款定价约为7.3万美元；计划于今年12月下线的R1S标配版售价则略高2200美元，定价7.55万美元。</p>\n<p><img src=\"https://static.tigerbbs.com/ab7907fa9703ec61fd5e42d2a5177611\" tg-width=\"1080\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：官网</p>\n<p>由于定位不同，所以两台车在尺寸、重量、容积、有效载荷、续航上有差别。</p>\n<p>日常生活中皮卡经常拉货，需要大扭矩及强散热的需求，这对于电池的要求很高；此外户外环境的高低温对电池也提出了更高的要求。</p>\n<p>R1T的EPA额定里程约为314英里，对应公里数为505左右，而它在高速公路上的续航能力为471.3km，比综合值下降7%，在城市中的续航能力为533.9km，高出综合值5%。</p>\n<p>R1S稍微多一点点为316英里，对应公里数为509左右，它在高速公路上续航能力为476.9km，比综合值下降6%，在城市里的续航能力为533.2km，高出综合值约5%。根据美国环保署的数据，这款纯电SUV的综合能耗为304Wh/km。</p>\n<p><img src=\"https://static.tigerbbs.com/171f205d1e8f0204d13958b5c6dce4ae\" tg-width=\"830\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>Rivian还表示计划将在2022年1月为R1S推出一款续航超过640km的版本，然后还会推出一款续航约为402km的入门级版本。</p>\n<p>在智能驾驶层面，华尔街见闻此前文章提及：</p>\n<blockquote>\n Rivian的皮卡R1T，不仅具备“坦克转向”的功能，可以实现车辆180度的原地转向，而且其自动驾驶能力也不逊色于特斯拉，R1T标配了L3级别的脱手驾驶辅助系统，配备的硬件装置也在特斯拉之上。\n</blockquote>\n<p>而亚马逊预定10万辆的EDV系列续航里程小得多，因为其主要集中于解决短距离物流的难题。但在容量上EDV系列非常出色，三个版本的容量分别为500、700和900立方英尺。</p>\n<p><img src=\"https://static.tigerbbs.com/d57d3a97749dd246595c05537d5f311e\" tg-width=\"836\" tg-height=\"256\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p><b>加速全面布局</b></p>\n<p>根据招股书披露的信息，由于今年9月第一辆车才刚刚下线，因此公司并未实现营收。而费用方面则主要花费在研发上的，2019-2020年公司分别亏损了4.26亿美元、10.18亿美元，今年上半年公司亏损了9.94亿美元。</p>\n<p><img src=\"https://static.tigerbbs.com/9963700c90ca690915c8964a5ed34419\" tg-width=\"903\" tg-height=\"448\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>其中2020年研发投入约为7.66亿美元，2021年上半年研发投入约为6.83亿美元。</p>\n<p>且预计未来一段时间，Rivian将持续在自建工厂&amp;充电网络上进行投入，同时通过全面生态的商业模式实现收入。</p>\n<p>1、加快自建工厂</p>\n<p>目前正在同步生产R1T和R1S的工厂是诺默尔（Normal）。</p>\n<p>前文已经提过，这个工厂是2017年Rivian买下的三菱旧工厂。该工厂目前的计划产能是15万台，9月15日下线的第一台车就来自这个工厂。</p>\n<p>同时还有一条产线专门生产亚马逊订购的电动送货车 EDV。</p>\n<p>不过Rivian目前并不仅满足于这一个工厂，它还正在美国和英国筹划自建工厂。</p>\n<p>据汽车之心报道，2021年8月美国德克萨斯州Fort Worth经济发展部的一份文件显示，Rivian计划投资50亿美元在美建设第二座工厂，包括汽车制造、汽车零部件组装以及研发中心三个部分。</p>\n<p>这份工厂的计划占地面积约为2000英亩，规划年产能为20万辆汽车，比诺默尔还要多出5万辆。</p>\n<p>此外，据当地媒体报道，Rivian还计划投资10亿英镑，在英国的<a href=\"https://laohu8.com/S/BRS\">布里斯托</a>尔附近建设首个海外产线，不过目前该项目还处在初期。与此同时，德国、荷兰也在与Rivian进行类似的谈判。</p>\n<p>中国市场同样在Rivian的规划内。</p>\n<p>按照计划，在2022年1月R1S这款七座SUV推出后，Rivian也将于2022年在中国推出紧凑型SUV，斯卡林格曾表示：“如果不把中国和欧洲视为重要的长期市场来考虑，我们就不可能真正打造一家汽车公司。”</p>\n<p>并且已经透露过——这些产品最终可能直接在当地生产。</p>\n<p>2、超/快充网络建设</p>\n<p>当前，随着车辆交付在即，Rivian 也在建设直流快充网络和交流快充网络。官方称自家的快充网络为Adventure Network。</p>\n<p>Rivian 将提供快充、目的地充电以及家充等多种方式。其快充的初始充电速率最初为200kW，后续将升级到300kW。</p>\n<p>其中，Rivian计划在2023年在600个站点建立超过3500个直流快充桩。</p>\n<p>在 3500 个快充桩之外，Rivian 同步计划在2023年底前建造10000个目的地充电桩（称为 Rivian Waypoints），支持的最高充电功率为11.5kW，目的地充电桩将主要分布在商超、酒店、餐馆、公园等场所。</p>\n<p>3、构建商业生态</p>\n<p>此外，在Rivian的生态中，还包含了车辆技术、云、产品开发运营、服务和数据分析在内等共六个部分。</p>\n<p><img src=\"https://static.tigerbbs.com/f26b20cfae4a4a364c21d89951af9be7\" tg-width=\"802\" tg-height=\"793\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>随着产品交付日期的临近，Rivian的服务中心已经越来越多，预计仅今年将在美国开设10个体验中心，并在2022年上线更多分店。而Rivian能够提供的服务，除了常规的售后维修、定制升级外，还包含了车辆保险业务、信贷业务，因此做直营模式的 Rivian 没有放弃金融模块的蛋糕，想要掌握客户的保险、信贷业务以及客户体验部分的收益。</p>\n<p>这其中预计（1）通过转售和换新，将在每辆民用车上获利3.45万美元（商用车约1.98万美元）；（2）保险信贷业务获利约8700美元（商用车为7400美元）；（3）售后服务获利3500美元（商用车6100美元）。</p>\n<p>在软件服务上，Rivian计划在每辆车的生命周期中获得约1.55万美元的收入，包括1万元左右的辅助驾驶功能收费。这与特斯拉的FSD价格也刚好重合。</p>\n<p>通过全生态的构建，加上充电等服务，那么去掉购车款，Rivian的每台民用消费车型在整个生命周期内，预期收入 6.79万美元！</p>\n<p>亚马逊未来4年的10万辆EDV的现金流也将与此接近，单车约为6.46万美元。这也意味着Rivian将拥有强劲的现金流。</p>\n<p><b>尾声</b></p>\n<p>作为后来者，Rivian的首款电动皮卡已经惊艳了市场，并且拉开包括特斯拉在内的竞争对手至少1年以上的时间距离。</p>\n<p>虽然短期Rivian仍然处在巨额投入的周期，可能会继续亏损，但公司目前已经呈现势不可挡的姿态。</p>\n<p>考虑到特斯拉在上市的前几年也都处于亏损中，2020年才出现年度盈利，因此市场留给Rivian的时间还有很多。</p>\n<p>在招股文件的开头，斯卡林格就用一封信简要介绍了Rivian的创业历程：从一张白纸走到现在，因为从不设限，Rivian才充满想象。</p>\n<p><img src=\"https://static.tigerbbs.com/0df4e5cd44323ffc8d44ff94c5288212\" tg-width=\"1080\" tg-height=\"83\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>面对迷人但仍然可能充满荆棘的前路，800亿美元的市值对这家初创企业来说可能还只是一个开始。</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>特斯拉最大劲敌要来了！Rivian将IPO定价在78美元</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n特斯拉最大劲敌要来了！Rivian将IPO定价在78美元\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083533104\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/0717bf7b1e5642e9827aeffbf11eb9ad);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">见闻IPO </p>\n<p class=\"h-time\">2021-11-10 09:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>电动皮卡新锐<a href=\"https://laohu8.com/S/RIVN\">Rivian</a>将于11月10日登陆纳斯达克，此次IPO，将使其成为年度中全球规模最大、最受期待的交易之一。</p>\n<p>据华尔街日报援引知情人士表示，美国加州电动汽车初创公司Rivian在此次备受期待的IPO中，将发行价格定为每股78美元，远高于其上调后的定价区间上限。目前，Rivian的估值已经超过了770亿美元（超4000亿元）。</p>\n<p>该公司得到了<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>的支持，预计将通过发行比原计划（80亿美元）更多的股票来筹集约120亿美元的资金。如果募资顺利，那么这一融资规模有望使<b>Rivian成为年内最大的美股IPO，且位居2011年之后美股IPO规模第四。</b></p>\n<p>据媒体报道，近十年内，美国资本市场中只有三家公司的IPO融资规模超过80亿美元，分别是2014年上市的<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>（250亿美元）和Facebook（160亿美元），以及2019年上市的Uber（81亿美元）。</p>\n<p>知情人士还表示，在周二晚间，拟出售的股票数量仍在变动，因此具体的数字可能还会发生变化。上周五，Rivian表示，计划以每股72-74美元的价格进行发行，已经远高于其最初的目标价格区间57-62美元。</p>\n<p>在上市之前，Rivian还列出了一长串所谓的“锚定投资者”名单，他们表示有兴趣购买50亿美元的股票。亚马逊和投资公司T. Rowe price Group Inc.、Coatue Management和富兰克林邓普顿（Franklin Templeton）都表示将按IPO价格买入。</p>\n<p>这个更加名副其实的<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>“死对头”到底是什么来头？</p>\n<p><b>成立仅10年，飞速成长</b></p>\n<p>把Rivian称作特斯拉的“死对头”一点都没有夸张。</p>\n<p>媒体援引<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>分析师的观点，认为特斯拉在电动车市场的主导地位可能会被Rivian打破。</p>\n<p>而特斯拉本身也一直在关注这位对手。</p>\n<p>对于Rivian的高估值，马斯克曾在推特上回复一位网友对Rivian估值的评论时辛辣回复：“我不想无理取闹，但在IPO之前，每对应10亿美元的估值，他们至少应该交付一辆汽车？”</p>\n<p><img src=\"https://static.tigerbbs.com/844ddc8eba2ce481b8417699f1ff6c4d\" tg-width=\"601\" tg-height=\"127\" referrerpolicy=\"no-referrer\"></p>\n<p>事实上，就连Rivian的创始人也被视作同马斯克一样具有人格魅力。虽然斯卡林格在推特上的粉丝数量只有马斯克的千分之一，但Rivian还是将「Rivian 的服务与声誉高度依赖斯卡林格」列为公司经营的风险因素之一。</p>\n<p><img src=\"https://static.tigerbbs.com/6d4377beb2c68a2a34c206e4c2950977\" tg-width=\"608\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>\n<p>斯卡林格拥有优异的学历背景，博士毕业于MIT的斯隆汽车实验室，刚毕业就勇敢选择了创业这条路，成立Rivian的前身——Avera。</p>\n<p>刚成立时，这家不起眼的公司只有20个人左右，但很快就以一款 2+2 布局的混合动力轿跑车型R1从佛罗里达州政府手里拿到了 200 万美元的「赠款」作为初始资金。</p>\n<p>不过时间到2011年之后，斯卡林格改变了公司的业务方向，搁置了「混合动力」的选择，转而专注于纯电动汽车，将主要开发皮卡和SUV，并将公司正式变更为Rivian。</p>\n<p>改掉旧名字的一个重要原因是Avera曾经被<a href=\"https://laohu8.com/S/HYUD.UK\">现代汽车</a>注册为商标，并提起了诉讼。不过斯卡林格同时表示新名字同时向公司所在地的Indian River Lagoon致敬。</p>\n<p>由于被搁置，所以2011年公司曾经公开发布的原型车是不是就是这个最初的R1，市场一直并不是很确定。</p>\n<p><img src=\"https://static.tigerbbs.com/b4f4a625e83078897c408b078caa4041\" tg-width=\"460\" tg-height=\"275\" referrerpolicy=\"no-referrer\"></p>\n<p>2015年时，Rivian在密歇根和旧金山湾区设立了研发中心。为了离核心供应商更近，Rivian在同一年将总部从佛罗里达搬到了密歇根州的利沃尼亚，开始构建关于电动<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>车的“整个生态系统”，还将原型车推向了共享乘车和无人驾驶汽车市场。</p>\n<p>2017年，Rivian买下了三菱的一处旧厂，该厂位于伊利诺伊州诺默尔市。这一买厂而非建厂的举措也被拿来和特斯拉相比较，后者曾买下加州的新联合汽车制造公司工厂。</p>\n<p>2017年底，Rivian就宣布原型车已经完成，将进入测试阶段。2018年时，Rivian表示将即将推出的皮卡命名为A1T，将SUV命名为A1C，此后又宣布重新命名，宣布这两款车将分别叫R1T和R1S。</p>\n<p>这两款车原计划于2021年6月推出，但由于全球缺芯的影响，R1T的交付一直推迟到了2021年9月才得以实现。7座SUV R1S和商用物流车EDV则计划于今年12月交付。</p>\n<p><b>背靠亚马逊、福特两棵大树</b></p>\n<p>2011年才确定战略就进展如此之快，离不开创始人斯卡林格背后的金主们，截至2021年8月，公司已累计募集了约110亿美元，融资规模直接逼近特斯拉上市后的融资。</p>\n<p>早期，Rivian的资金主要来自于“赠款”，斯卡林格的父亲是一家军事相关热控公司的创始人，一方面较为富有能够为Rivian提供支持；另一方面由于与政府及军方的关系，也为斯卡林格的后续发展带来了各方面的便利。</p>\n<p>早期的几笔款项的主要来源包括佛罗里达州的捐赠及税收贷款、住友集团的战略投资等。</p>\n<p>更大规模的融资则始于2018年，历史上的投资方包括亚马逊、渣打银行、<a href=\"https://laohu8.com/S/F\">福特汽车</a>、贝莱德、及另外一些金融机构。</p>\n<p><img src=\"https://static.tigerbbs.com/069690083de608d6c9dc7f3d5a9913a7\" tg-width=\"846\" tg-height=\"1822\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：企查查</p>\n<p>其中号称“最讨厌特斯拉”的亚马逊在Rivian的融资历史中扮演了重要角色，此外福特也占据了重要位置。</p>\n<p>目前的招股书并未披露股东的具体持股比例，唯一可以确定的是亚马逊和福特的持股比例均超过5%，且亚马逊在股东中排名首位。但此前曾有外媒报道，称亚马逊目前持股比例已经达到公司的四分之一。</p>\n<p><img src=\"https://static.tigerbbs.com/e3b208d940f14aa4be3988885881d6b3\" tg-width=\"854\" tg-height=\"280\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>而根据目前融资总额以及亚马逊投资的了25亿美元计算，IPO前亚马逊的股权占比至少接近25%。</p>\n<p>同时，亚马逊的全球企业和业务发展高级副总裁彼得·克拉维茨（Peter Krawiec）还担任Rivian的董事会成员。</p>\n<p>Rivian与亚马逊的关系重大到让人无法忽略，除了股权上的关系之外，它的收入大头同样来自亚马逊。</p>\n<p>2019年9月时，Rivian已于亚马逊签订协议，将为亚马逊提供EDV货车，用于其最后一英里的物流交付。而 Rivian 计划在 2022 年为亚马逊交付1万 EDV，到 2030 年，共计划交付10万辆。</p>\n<p>而未来具体的订单节奏，会视亚马逊自身物流业务的进展和充电设施布局而定。但至少，未来四年Rivian拥有亚马逊的独家送货车订单，且在之后2年仍然享有优先供应权。</p>\n<p>而另外一位重要股东福特，除了提供资金外，还协助开发原型车。招股书显示，福特在Rivian中的角色主要由其全资子公司 Troy Design and Manufacturing Co.为Rivian提供原型设计和开发服务。从 2019 年到 2020 年底，Rivian 向这家福特子公司共计支付了 7400万美元的服务费用。</p>\n<p><img src=\"https://static.tigerbbs.com/51efa234da33c0b96cd1a76feba4f880\" tg-width=\"836\" tg-height=\"88\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p><b>打造第一台电动皮卡</b></p>\n<p>那么，深受亚马逊和贝索斯倚重的Rivian，魅力到底在哪？</p>\n<p>Rivian与特斯拉不同，它从一开始就选择了一条在美国极其讨喜的赛道——皮卡电动车。</p>\n<p>对于缺少高速公共交通工具的美国人来说，自驾是更加方便的出行方式。同时大多数人拥有自己独立的别墅、车库、草坪和院落，为了打理院子，需要购买诸多工具、材料和日用品；而人力成本在美国非常高，大部分人会选择自己动手。</p>\n<p>因此，啥都能装的皮卡就成为美国人最喜欢的车型，其次是SUV。</p>\n<p>2020年美国汽车销量排行中，前三名福特F系、雪佛兰索罗德和道奇RAM全部是皮卡，第四名之后才开始出现SUV。</p>\n<p><img src=\"https://static.tigerbbs.com/7e54e7d83cbce73793d236bef7986e0c\" tg-width=\"476\" tg-height=\"450\" referrerpolicy=\"no-referrer\"></p>\n<p>而另一方面，面对汽车电动化趋势和日趋严苛的全球排放标准，美国本土作为全球最大的皮卡消费市场，燃油皮卡的电动化替代已然被提上日程。传统皮卡的大排量、高油耗等诸多不利于环保的“弊端”，在纯电动皮卡车型上将不复存在。随着美国政府2035年汽车零排放政策的不断推进，未来的电动皮卡车无疑拥有十分广阔的发展潜力。</p>\n<p>深谙美国市场的Rivian选择专攻电动皮卡，迎合美国车迷的口味，自然就成功了一半。而如今，它也已经成功推出了第一款电动皮卡。</p>\n<p>就算回看几年之前，Rivian也是第一家发布电动皮卡的车企。</p>\n<p>2018年11月，Rivian率先发布了旗下首款电动皮卡R1T；2019年11月22日，特斯拉发布了该公司第一辆电动皮卡，名为Cybertruck。根据特斯拉的消息，截至目前，Cybertruck的订单数量已经超过100万辆。紧随其后的是美国两家老牌车企——<a href=\"https://laohu8.com/S/GM\">通用汽车</a>和福特，它们分别在2020年11月和2021年5月发布了纯电动版本的悍马和F-150。</p>\n<p>虽然时间多次推迟，但9月15日，创始人斯卡林格在推特上宣布，公司首款电动皮卡R1T的第一辆车完成生产并下线。Rivian由此成为第一家将电动皮卡推向市场的汽车制造商。这一时间大幅领先通用、福特等竞争对手，特斯拉的Cybertruck原本计划在今年底交付，但目前也已推迟计划，并预计将于2022年实现下线并于2023年开始量产交付。</p>\n<p><img src=\"https://static.tigerbbs.com/21414a40417e234e0764df210840f6db\" tg-width=\"599\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：推特</p>\n<p>所以马斯克对Rivian如此针锋相对是有原因的，谁让Rivian领先了一年就下线了第一台车呢？</p>\n<p>除此之外，Rivian还频繁挖角儿，包括特斯拉、福特、FF和迈凯伦在内的多家公司员工和高管都被斯卡林格纳入麾下。虽然被气到发疯的特斯拉起诉过，但Rivian还是继续聘任特斯拉的前高管Kalayjian担任Rivian的工程和产品高级副总裁。</p>\n<p><b>标配皮卡续航里程约500公里</b></p>\n<p>官网上，目前皮卡车型 R1T和SUV车型 R1S都在预售中，可以自行选择配置方案。招股书显示，截至 9 月底，其拥有近&nbsp;5 万份（48390）R1T 和 R1S 的预定单（每个订单需付1000元可退还的定金）。</p>\n<p><img src=\"https://static.tigerbbs.com/c06c4e6a85071965699410e7e792e59b\" tg-width=\"719\" tg-height=\"648\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：官网</p>\n<p>无论是 R1T、R1S 还是交付给亚马逊的 EDV，Rivian 都采用了「滑板」纯电驱动平台。</p>\n<p>这种「滑板」平台将电机、电池管理系统、冷却系统、悬架系统、液压控制系统全部整合到一个完整的模块中，位于底盘中间。四电机版本的 R1T 可以能实现坦克转向（原地转向）。</p>\n<p><img src=\"https://static.tigerbbs.com/2fdecb910b9ac87c8c867d3bd38b5917\" tg-width=\"555\" tg-height=\"319\" referrerpolicy=\"no-referrer\"></p>\n<p>外表上看，R1T 的外观没有 Cybertruck 那么激进，整个车身保留了传统皮卡的主体框架。通过粗线条的灯带贯穿车头，以及两个长椭圆状的大灯，打造出一个富有科技感的前脸。</p>\n<p>而R1S则选择了全封闭车体，第三排还有两个座椅，但与此同时，装备通道功能就被牺牲了。</p>\n<p><img src=\"https://static.tigerbbs.com/90e238790c3e2658b684eefa03685ee6\" tg-width=\"1080\" tg-height=\"629\" referrerpolicy=\"no-referrer\"></p>\n<p>价格方面，R1T的首批发布的标配款定价约为7.3万美元；计划于今年12月下线的R1S标配版售价则略高2200美元，定价7.55万美元。</p>\n<p><img src=\"https://static.tigerbbs.com/ab7907fa9703ec61fd5e42d2a5177611\" tg-width=\"1080\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：官网</p>\n<p>由于定位不同，所以两台车在尺寸、重量、容积、有效载荷、续航上有差别。</p>\n<p>日常生活中皮卡经常拉货，需要大扭矩及强散热的需求，这对于电池的要求很高；此外户外环境的高低温对电池也提出了更高的要求。</p>\n<p>R1T的EPA额定里程约为314英里，对应公里数为505左右，而它在高速公路上的续航能力为471.3km，比综合值下降7%，在城市中的续航能力为533.9km，高出综合值5%。</p>\n<p>R1S稍微多一点点为316英里，对应公里数为509左右，它在高速公路上续航能力为476.9km，比综合值下降6%，在城市里的续航能力为533.2km，高出综合值约5%。根据美国环保署的数据，这款纯电SUV的综合能耗为304Wh/km。</p>\n<p><img src=\"https://static.tigerbbs.com/171f205d1e8f0204d13958b5c6dce4ae\" tg-width=\"830\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>Rivian还表示计划将在2022年1月为R1S推出一款续航超过640km的版本，然后还会推出一款续航约为402km的入门级版本。</p>\n<p>在智能驾驶层面，华尔街见闻此前文章提及：</p>\n<blockquote>\n Rivian的皮卡R1T，不仅具备“坦克转向”的功能，可以实现车辆180度的原地转向，而且其自动驾驶能力也不逊色于特斯拉，R1T标配了L3级别的脱手驾驶辅助系统，配备的硬件装置也在特斯拉之上。\n</blockquote>\n<p>而亚马逊预定10万辆的EDV系列续航里程小得多，因为其主要集中于解决短距离物流的难题。但在容量上EDV系列非常出色，三个版本的容量分别为500、700和900立方英尺。</p>\n<p><img src=\"https://static.tigerbbs.com/d57d3a97749dd246595c05537d5f311e\" tg-width=\"836\" tg-height=\"256\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p><b>加速全面布局</b></p>\n<p>根据招股书披露的信息，由于今年9月第一辆车才刚刚下线，因此公司并未实现营收。而费用方面则主要花费在研发上的，2019-2020年公司分别亏损了4.26亿美元、10.18亿美元，今年上半年公司亏损了9.94亿美元。</p>\n<p><img src=\"https://static.tigerbbs.com/9963700c90ca690915c8964a5ed34419\" tg-width=\"903\" tg-height=\"448\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>其中2020年研发投入约为7.66亿美元，2021年上半年研发投入约为6.83亿美元。</p>\n<p>且预计未来一段时间，Rivian将持续在自建工厂&amp;充电网络上进行投入，同时通过全面生态的商业模式实现收入。</p>\n<p>1、加快自建工厂</p>\n<p>目前正在同步生产R1T和R1S的工厂是诺默尔（Normal）。</p>\n<p>前文已经提过，这个工厂是2017年Rivian买下的三菱旧工厂。该工厂目前的计划产能是15万台，9月15日下线的第一台车就来自这个工厂。</p>\n<p>同时还有一条产线专门生产亚马逊订购的电动送货车 EDV。</p>\n<p>不过Rivian目前并不仅满足于这一个工厂，它还正在美国和英国筹划自建工厂。</p>\n<p>据汽车之心报道，2021年8月美国德克萨斯州Fort Worth经济发展部的一份文件显示，Rivian计划投资50亿美元在美建设第二座工厂，包括汽车制造、汽车零部件组装以及研发中心三个部分。</p>\n<p>这份工厂的计划占地面积约为2000英亩，规划年产能为20万辆汽车，比诺默尔还要多出5万辆。</p>\n<p>此外，据当地媒体报道，Rivian还计划投资10亿英镑，在英国的<a href=\"https://laohu8.com/S/BRS\">布里斯托</a>尔附近建设首个海外产线，不过目前该项目还处在初期。与此同时，德国、荷兰也在与Rivian进行类似的谈判。</p>\n<p>中国市场同样在Rivian的规划内。</p>\n<p>按照计划，在2022年1月R1S这款七座SUV推出后，Rivian也将于2022年在中国推出紧凑型SUV，斯卡林格曾表示：“如果不把中国和欧洲视为重要的长期市场来考虑，我们就不可能真正打造一家汽车公司。”</p>\n<p>并且已经透露过——这些产品最终可能直接在当地生产。</p>\n<p>2、超/快充网络建设</p>\n<p>当前，随着车辆交付在即，Rivian 也在建设直流快充网络和交流快充网络。官方称自家的快充网络为Adventure Network。</p>\n<p>Rivian 将提供快充、目的地充电以及家充等多种方式。其快充的初始充电速率最初为200kW，后续将升级到300kW。</p>\n<p>其中，Rivian计划在2023年在600个站点建立超过3500个直流快充桩。</p>\n<p>在 3500 个快充桩之外，Rivian 同步计划在2023年底前建造10000个目的地充电桩（称为 Rivian Waypoints），支持的最高充电功率为11.5kW，目的地充电桩将主要分布在商超、酒店、餐馆、公园等场所。</p>\n<p>3、构建商业生态</p>\n<p>此外，在Rivian的生态中，还包含了车辆技术、云、产品开发运营、服务和数据分析在内等共六个部分。</p>\n<p><img src=\"https://static.tigerbbs.com/f26b20cfae4a4a364c21d89951af9be7\" tg-width=\"802\" tg-height=\"793\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>随着产品交付日期的临近，Rivian的服务中心已经越来越多，预计仅今年将在美国开设10个体验中心，并在2022年上线更多分店。而Rivian能够提供的服务，除了常规的售后维修、定制升级外，还包含了车辆保险业务、信贷业务，因此做直营模式的 Rivian 没有放弃金融模块的蛋糕，想要掌握客户的保险、信贷业务以及客户体验部分的收益。</p>\n<p>这其中预计（1）通过转售和换新，将在每辆民用车上获利3.45万美元（商用车约1.98万美元）；（2）保险信贷业务获利约8700美元（商用车为7400美元）；（3）售后服务获利3500美元（商用车6100美元）。</p>\n<p>在软件服务上，Rivian计划在每辆车的生命周期中获得约1.55万美元的收入，包括1万元左右的辅助驾驶功能收费。这与特斯拉的FSD价格也刚好重合。</p>\n<p>通过全生态的构建，加上充电等服务，那么去掉购车款，Rivian的每台民用消费车型在整个生命周期内，预期收入 6.79万美元！</p>\n<p>亚马逊未来4年的10万辆EDV的现金流也将与此接近，单车约为6.46万美元。这也意味着Rivian将拥有强劲的现金流。</p>\n<p><b>尾声</b></p>\n<p>作为后来者，Rivian的首款电动皮卡已经惊艳了市场，并且拉开包括特斯拉在内的竞争对手至少1年以上的时间距离。</p>\n<p>虽然短期Rivian仍然处在巨额投入的周期，可能会继续亏损，但公司目前已经呈现势不可挡的姿态。</p>\n<p>考虑到特斯拉在上市的前几年也都处于亏损中，2020年才出现年度盈利，因此市场留给Rivian的时间还有很多。</p>\n<p>在招股文件的开头，斯卡林格就用一封信简要介绍了Rivian的创业历程：从一张白纸走到现在，因为从不设限，Rivian才充满想象。</p>\n<p><img src=\"https://static.tigerbbs.com/0df4e5cd44323ffc8d44ff94c5288212\" tg-width=\"1080\" tg-height=\"83\" referrerpolicy=\"no-referrer\"></p>\n<p>来源：招股书</p>\n<p>面对迷人但仍然可能充满荆棘的前路，800亿美元的市值对这家初创企业来说可能还只是一个开始。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e2bc484766922e67d87fdb952e5532ab","relate_stocks":{"TSLA":"特斯拉","RIVN":"Rivian Automotive, Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168405895","content_text":"电动皮卡新锐Rivian将于11月10日登陆纳斯达克，此次IPO，将使其成为年度中全球规模最大、最受期待的交易之一。\n据华尔街日报援引知情人士表示，美国加州电动汽车初创公司Rivian在此次备受期待的IPO中，将发行价格定为每股78美元，远高于其上调后的定价区间上限。目前，Rivian的估值已经超过了770亿美元（超4000亿元）。\n该公司得到了亚马逊的支持，预计将通过发行比原计划（80亿美元）更多的股票来筹集约120亿美元的资金。如果募资顺利，那么这一融资规模有望使Rivian成为年内最大的美股IPO，且位居2011年之后美股IPO规模第四。\n据媒体报道，近十年内，美国资本市场中只有三家公司的IPO融资规模超过80亿美元，分别是2014年上市的阿里巴巴（250亿美元）和Facebook（160亿美元），以及2019年上市的Uber（81亿美元）。\n知情人士还表示，在周二晚间，拟出售的股票数量仍在变动，因此具体的数字可能还会发生变化。上周五，Rivian表示，计划以每股72-74美元的价格进行发行，已经远高于其最初的目标价格区间57-62美元。\n在上市之前，Rivian还列出了一长串所谓的“锚定投资者”名单，他们表示有兴趣购买50亿美元的股票。亚马逊和投资公司T. Rowe price Group Inc.、Coatue Management和富兰克林邓普顿（Franklin Templeton）都表示将按IPO价格买入。\n这个更加名副其实的特斯拉“死对头”到底是什么来头？\n成立仅10年，飞速成长\n把Rivian称作特斯拉的“死对头”一点都没有夸张。\n媒体援引摩根士丹利分析师的观点，认为特斯拉在电动车市场的主导地位可能会被Rivian打破。\n而特斯拉本身也一直在关注这位对手。\n对于Rivian的高估值，马斯克曾在推特上回复一位网友对Rivian估值的评论时辛辣回复：“我不想无理取闹，但在IPO之前，每对应10亿美元的估值，他们至少应该交付一辆汽车？”\n\n事实上，就连Rivian的创始人也被视作同马斯克一样具有人格魅力。虽然斯卡林格在推特上的粉丝数量只有马斯克的千分之一，但Rivian还是将「Rivian 的服务与声誉高度依赖斯卡林格」列为公司经营的风险因素之一。\n\n斯卡林格拥有优异的学历背景，博士毕业于MIT的斯隆汽车实验室，刚毕业就勇敢选择了创业这条路，成立Rivian的前身——Avera。\n刚成立时，这家不起眼的公司只有20个人左右，但很快就以一款 2+2 布局的混合动力轿跑车型R1从佛罗里达州政府手里拿到了 200 万美元的「赠款」作为初始资金。\n不过时间到2011年之后，斯卡林格改变了公司的业务方向，搁置了「混合动力」的选择，转而专注于纯电动汽车，将主要开发皮卡和SUV，并将公司正式变更为Rivian。\n改掉旧名字的一个重要原因是Avera曾经被现代汽车注册为商标，并提起了诉讼。不过斯卡林格同时表示新名字同时向公司所在地的Indian River Lagoon致敬。\n由于被搁置，所以2011年公司曾经公开发布的原型车是不是就是这个最初的R1，市场一直并不是很确定。\n\n2015年时，Rivian在密歇根和旧金山湾区设立了研发中心。为了离核心供应商更近，Rivian在同一年将总部从佛罗里达搬到了密歇根州的利沃尼亚，开始构建关于电动智能车的“整个生态系统”，还将原型车推向了共享乘车和无人驾驶汽车市场。\n2017年，Rivian买下了三菱的一处旧厂，该厂位于伊利诺伊州诺默尔市。这一买厂而非建厂的举措也被拿来和特斯拉相比较，后者曾买下加州的新联合汽车制造公司工厂。\n2017年底，Rivian就宣布原型车已经完成，将进入测试阶段。2018年时，Rivian表示将即将推出的皮卡命名为A1T，将SUV命名为A1C，此后又宣布重新命名，宣布这两款车将分别叫R1T和R1S。\n这两款车原计划于2021年6月推出，但由于全球缺芯的影响，R1T的交付一直推迟到了2021年9月才得以实现。7座SUV R1S和商用物流车EDV则计划于今年12月交付。\n背靠亚马逊、福特两棵大树\n2011年才确定战略就进展如此之快，离不开创始人斯卡林格背后的金主们，截至2021年8月，公司已累计募集了约110亿美元，融资规模直接逼近特斯拉上市后的融资。\n早期，Rivian的资金主要来自于“赠款”，斯卡林格的父亲是一家军事相关热控公司的创始人，一方面较为富有能够为Rivian提供支持；另一方面由于与政府及军方的关系，也为斯卡林格的后续发展带来了各方面的便利。\n早期的几笔款项的主要来源包括佛罗里达州的捐赠及税收贷款、住友集团的战略投资等。\n更大规模的融资则始于2018年，历史上的投资方包括亚马逊、渣打银行、福特汽车、贝莱德、及另外一些金融机构。\n\n来源：企查查\n其中号称“最讨厌特斯拉”的亚马逊在Rivian的融资历史中扮演了重要角色，此外福特也占据了重要位置。\n目前的招股书并未披露股东的具体持股比例，唯一可以确定的是亚马逊和福特的持股比例均超过5%，且亚马逊在股东中排名首位。但此前曾有外媒报道，称亚马逊目前持股比例已经达到公司的四分之一。\n\n来源：招股书\n而根据目前融资总额以及亚马逊投资的了25亿美元计算，IPO前亚马逊的股权占比至少接近25%。\n同时，亚马逊的全球企业和业务发展高级副总裁彼得·克拉维茨（Peter Krawiec）还担任Rivian的董事会成员。\nRivian与亚马逊的关系重大到让人无法忽略，除了股权上的关系之外，它的收入大头同样来自亚马逊。\n2019年9月时，Rivian已于亚马逊签订协议，将为亚马逊提供EDV货车，用于其最后一英里的物流交付。而 Rivian 计划在 2022 年为亚马逊交付1万 EDV，到 2030 年，共计划交付10万辆。\n而未来具体的订单节奏，会视亚马逊自身物流业务的进展和充电设施布局而定。但至少，未来四年Rivian拥有亚马逊的独家送货车订单，且在之后2年仍然享有优先供应权。\n而另外一位重要股东福特，除了提供资金外，还协助开发原型车。招股书显示，福特在Rivian中的角色主要由其全资子公司 Troy Design and Manufacturing Co.为Rivian提供原型设计和开发服务。从 2019 年到 2020 年底，Rivian 向这家福特子公司共计支付了 7400万美元的服务费用。\n\n来源：招股书\n打造第一台电动皮卡\n那么，深受亚马逊和贝索斯倚重的Rivian，魅力到底在哪？\nRivian与特斯拉不同，它从一开始就选择了一条在美国极其讨喜的赛道——皮卡电动车。\n对于缺少高速公共交通工具的美国人来说，自驾是更加方便的出行方式。同时大多数人拥有自己独立的别墅、车库、草坪和院落，为了打理院子，需要购买诸多工具、材料和日用品；而人力成本在美国非常高，大部分人会选择自己动手。\n因此，啥都能装的皮卡就成为美国人最喜欢的车型，其次是SUV。\n2020年美国汽车销量排行中，前三名福特F系、雪佛兰索罗德和道奇RAM全部是皮卡，第四名之后才开始出现SUV。\n\n而另一方面，面对汽车电动化趋势和日趋严苛的全球排放标准，美国本土作为全球最大的皮卡消费市场，燃油皮卡的电动化替代已然被提上日程。传统皮卡的大排量、高油耗等诸多不利于环保的“弊端”，在纯电动皮卡车型上将不复存在。随着美国政府2035年汽车零排放政策的不断推进，未来的电动皮卡车无疑拥有十分广阔的发展潜力。\n深谙美国市场的Rivian选择专攻电动皮卡，迎合美国车迷的口味，自然就成功了一半。而如今，它也已经成功推出了第一款电动皮卡。\n就算回看几年之前，Rivian也是第一家发布电动皮卡的车企。\n2018年11月，Rivian率先发布了旗下首款电动皮卡R1T；2019年11月22日，特斯拉发布了该公司第一辆电动皮卡，名为Cybertruck。根据特斯拉的消息，截至目前，Cybertruck的订单数量已经超过100万辆。紧随其后的是美国两家老牌车企——通用汽车和福特，它们分别在2020年11月和2021年5月发布了纯电动版本的悍马和F-150。\n虽然时间多次推迟，但9月15日，创始人斯卡林格在推特上宣布，公司首款电动皮卡R1T的第一辆车完成生产并下线。Rivian由此成为第一家将电动皮卡推向市场的汽车制造商。这一时间大幅领先通用、福特等竞争对手，特斯拉的Cybertruck原本计划在今年底交付，但目前也已推迟计划，并预计将于2022年实现下线并于2023年开始量产交付。\n\n来源：推特\n所以马斯克对Rivian如此针锋相对是有原因的，谁让Rivian领先了一年就下线了第一台车呢？\n除此之外，Rivian还频繁挖角儿，包括特斯拉、福特、FF和迈凯伦在内的多家公司员工和高管都被斯卡林格纳入麾下。虽然被气到发疯的特斯拉起诉过，但Rivian还是继续聘任特斯拉的前高管Kalayjian担任Rivian的工程和产品高级副总裁。\n标配皮卡续航里程约500公里\n官网上，目前皮卡车型 R1T和SUV车型 R1S都在预售中，可以自行选择配置方案。招股书显示，截至 9 月底，其拥有近 5 万份（48390）R1T 和 R1S 的预定单（每个订单需付1000元可退还的定金）。\n\n来源：官网\n无论是 R1T、R1S 还是交付给亚马逊的 EDV，Rivian 都采用了「滑板」纯电驱动平台。\n这种「滑板」平台将电机、电池管理系统、冷却系统、悬架系统、液压控制系统全部整合到一个完整的模块中，位于底盘中间。四电机版本的 R1T 可以能实现坦克转向（原地转向）。\n\n外表上看，R1T 的外观没有 Cybertruck 那么激进，整个车身保留了传统皮卡的主体框架。通过粗线条的灯带贯穿车头，以及两个长椭圆状的大灯，打造出一个富有科技感的前脸。\n而R1S则选择了全封闭车体，第三排还有两个座椅，但与此同时，装备通道功能就被牺牲了。\n\n价格方面，R1T的首批发布的标配款定价约为7.3万美元；计划于今年12月下线的R1S标配版售价则略高2200美元，定价7.55万美元。\n\n来源：官网\n由于定位不同，所以两台车在尺寸、重量、容积、有效载荷、续航上有差别。\n日常生活中皮卡经常拉货，需要大扭矩及强散热的需求，这对于电池的要求很高；此外户外环境的高低温对电池也提出了更高的要求。\nR1T的EPA额定里程约为314英里，对应公里数为505左右，而它在高速公路上的续航能力为471.3km，比综合值下降7%，在城市中的续航能力为533.9km，高出综合值5%。\nR1S稍微多一点点为316英里，对应公里数为509左右，它在高速公路上续航能力为476.9km，比综合值下降6%，在城市里的续航能力为533.2km，高出综合值约5%。根据美国环保署的数据，这款纯电SUV的综合能耗为304Wh/km。\n\n来源：招股书\nRivian还表示计划将在2022年1月为R1S推出一款续航超过640km的版本，然后还会推出一款续航约为402km的入门级版本。\n在智能驾驶层面，华尔街见闻此前文章提及：\n\n Rivian的皮卡R1T，不仅具备“坦克转向”的功能，可以实现车辆180度的原地转向，而且其自动驾驶能力也不逊色于特斯拉，R1T标配了L3级别的脱手驾驶辅助系统，配备的硬件装置也在特斯拉之上。\n\n而亚马逊预定10万辆的EDV系列续航里程小得多，因为其主要集中于解决短距离物流的难题。但在容量上EDV系列非常出色，三个版本的容量分别为500、700和900立方英尺。\n\n来源：招股书\n加速全面布局\n根据招股书披露的信息，由于今年9月第一辆车才刚刚下线，因此公司并未实现营收。而费用方面则主要花费在研发上的，2019-2020年公司分别亏损了4.26亿美元、10.18亿美元，今年上半年公司亏损了9.94亿美元。\n\n来源：招股书\n其中2020年研发投入约为7.66亿美元，2021年上半年研发投入约为6.83亿美元。\n且预计未来一段时间，Rivian将持续在自建工厂&充电网络上进行投入，同时通过全面生态的商业模式实现收入。\n1、加快自建工厂\n目前正在同步生产R1T和R1S的工厂是诺默尔（Normal）。\n前文已经提过，这个工厂是2017年Rivian买下的三菱旧工厂。该工厂目前的计划产能是15万台，9月15日下线的第一台车就来自这个工厂。\n同时还有一条产线专门生产亚马逊订购的电动送货车 EDV。\n不过Rivian目前并不仅满足于这一个工厂，它还正在美国和英国筹划自建工厂。\n据汽车之心报道，2021年8月美国德克萨斯州Fort Worth经济发展部的一份文件显示，Rivian计划投资50亿美元在美建设第二座工厂，包括汽车制造、汽车零部件组装以及研发中心三个部分。\n这份工厂的计划占地面积约为2000英亩，规划年产能为20万辆汽车，比诺默尔还要多出5万辆。\n此外，据当地媒体报道，Rivian还计划投资10亿英镑，在英国的布里斯托尔附近建设首个海外产线，不过目前该项目还处在初期。与此同时，德国、荷兰也在与Rivian进行类似的谈判。\n中国市场同样在Rivian的规划内。\n按照计划，在2022年1月R1S这款七座SUV推出后，Rivian也将于2022年在中国推出紧凑型SUV，斯卡林格曾表示：“如果不把中国和欧洲视为重要的长期市场来考虑，我们就不可能真正打造一家汽车公司。”\n并且已经透露过——这些产品最终可能直接在当地生产。\n2、超/快充网络建设\n当前，随着车辆交付在即，Rivian 也在建设直流快充网络和交流快充网络。官方称自家的快充网络为Adventure Network。\nRivian 将提供快充、目的地充电以及家充等多种方式。其快充的初始充电速率最初为200kW，后续将升级到300kW。\n其中，Rivian计划在2023年在600个站点建立超过3500个直流快充桩。\n在 3500 个快充桩之外，Rivian 同步计划在2023年底前建造10000个目的地充电桩（称为 Rivian Waypoints），支持的最高充电功率为11.5kW，目的地充电桩将主要分布在商超、酒店、餐馆、公园等场所。\n3、构建商业生态\n此外，在Rivian的生态中，还包含了车辆技术、云、产品开发运营、服务和数据分析在内等共六个部分。\n\n来源：招股书\n随着产品交付日期的临近，Rivian的服务中心已经越来越多，预计仅今年将在美国开设10个体验中心，并在2022年上线更多分店。而Rivian能够提供的服务，除了常规的售后维修、定制升级外，还包含了车辆保险业务、信贷业务，因此做直营模式的 Rivian 没有放弃金融模块的蛋糕，想要掌握客户的保险、信贷业务以及客户体验部分的收益。\n这其中预计（1）通过转售和换新，将在每辆民用车上获利3.45万美元（商用车约1.98万美元）；（2）保险信贷业务获利约8700美元（商用车为7400美元）；（3）售后服务获利3500美元（商用车6100美元）。\n在软件服务上，Rivian计划在每辆车的生命周期中获得约1.55万美元的收入，包括1万元左右的辅助驾驶功能收费。这与特斯拉的FSD价格也刚好重合。\n通过全生态的构建，加上充电等服务，那么去掉购车款，Rivian的每台民用消费车型在整个生命周期内，预期收入 6.79万美元！\n亚马逊未来4年的10万辆EDV的现金流也将与此接近，单车约为6.46万美元。这也意味着Rivian将拥有强劲的现金流。\n尾声\n作为后来者，Rivian的首款电动皮卡已经惊艳了市场，并且拉开包括特斯拉在内的竞争对手至少1年以上的时间距离。\n虽然短期Rivian仍然处在巨额投入的周期，可能会继续亏损，但公司目前已经呈现势不可挡的姿态。\n考虑到特斯拉在上市的前几年也都处于亏损中，2020年才出现年度盈利，因此市场留给Rivian的时间还有很多。\n在招股文件的开头，斯卡林格就用一封信简要介绍了Rivian的创业历程：从一张白纸走到现在，因为从不设限，Rivian才充满想象。\n\n来源：招股书\n面对迷人但仍然可能充满荆棘的前路，800亿美元的市值对这家初创企业来说可能还只是一个开始。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846254493,"gmtCreate":1636089348065,"gmtModify":1636089348281,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/846254493","repostId":"1167650216","repostType":4,"repost":{"id":"1167650216","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":1636073794,"share":"https://www.laohu8.com/m/news/1167650216?lang=&edition=full","pubTime":"2021-11-05 08:56","market":"hk","language":"zh","title":"优矩互动一手中签率15.7%，认购8手稳中一手","url":"https://stock-news.laohu8.com/highlight/detail?id=1167650216","media":"老虎资讯综合","summary":"11月5日，优矩互动公布，公司发行1.2亿股，最终发售价已确定为每股发售股份6.7港元，全球发售收取的所得款项净额约为7.49亿港元，每手1000股，预期股份将于2021年11月8日上市。\n老虎资讯整","content":"<p>11月5日，<a href=\"https://laohu8.com/S/01948\">优矩互动</a>公布，公司发行1.2亿股，最终发售价已确定为每股发售股份6.7港元，全球发售收取的所得款项净额约为7.49亿港元，每手1000股，预期股份将于2021年11月8日上市。</p>\n<p><b>老虎资讯整理相关数据如下：</b></p>\n<p><img src=\"https://static.tigerbbs.com/0816f1e8fa919fac86a8f63a13a575cc\" tg-width=\"1059\" tg-height=\"824\" width=\"100%\" height=\"auto\"></p>\n<p><b>分配结果</b></p>\n<p>甲组每手1000股，一手中签率15.7%，申购8手稳中一手。</p>\n<p>乙组头为600手（600000股），获配404手（404000股）。</p>\n<p><img src=\"https://static.tigerbbs.com/86871f4b2888d8feef109d86ccab3ad2\" tg-width=\"760\" tg-height=\"513\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b29bb26fb9e6a9393fbfed3ef6601fcf\" tg-width=\"717\" tg-height=\"807\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/c3609d12af78847a7082d48c8ae22fe6\" tg-width=\"752\" tg-height=\"333\" referrerpolicy=\"no-referrer\"></p>\n<p>香港公开发售项下初步提呈发售的发售股份已获轻微超额认购，相当于香港公开发售项下初步可供认购的1200万股香港发售股份总数约4.56倍。香港公开发售项下的最终发售股份数目为1200万股发售股份，相当于全球发售项下初步可供认购发售股份总数的10%，假设于任何超额配股权获行使前。</p>\n<p>根据国际发售初步提呈发售的发售股份已获适度超额认购，相当于国际发售初步可供认购的1.08亿股发售股份总数的2.07倍。国际发售项下的发售股份最终数目为1.08亿股发售股份，相当于全球发售项下初步可供认购发售股份总数的90%，假设于任何超额配股权获行使前。</p>\n<p>基于每股6.7港元的发售价，及根据基石投资协议，字节跳动(香港)有限公司及Green Better Limited认购合共1740.7万股发售股份，合共相当于紧随全球发售完成后公司已发行股本总额约2.9%；及全球发售项下的发售股份数目约14.5%，在两种情况下均假设超额配股权并无获行使。</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>优矩互动一手中签率15.7%，认购8手稳中一手</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优矩互动一手中签率15.7%，认购8手稳中一手\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\">2021-11-05 08:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>11月5日，<a href=\"https://laohu8.com/S/01948\">优矩互动</a>公布，公司发行1.2亿股，最终发售价已确定为每股发售股份6.7港元，全球发售收取的所得款项净额约为7.49亿港元，每手1000股，预期股份将于2021年11月8日上市。</p>\n<p><b>老虎资讯整理相关数据如下：</b></p>\n<p><img src=\"https://static.tigerbbs.com/0816f1e8fa919fac86a8f63a13a575cc\" tg-width=\"1059\" tg-height=\"824\" width=\"100%\" height=\"auto\"></p>\n<p><b>分配结果</b></p>\n<p>甲组每手1000股，一手中签率15.7%，申购8手稳中一手。</p>\n<p>乙组头为600手（600000股），获配404手（404000股）。</p>\n<p><img src=\"https://static.tigerbbs.com/86871f4b2888d8feef109d86ccab3ad2\" tg-width=\"760\" tg-height=\"513\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b29bb26fb9e6a9393fbfed3ef6601fcf\" tg-width=\"717\" tg-height=\"807\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/c3609d12af78847a7082d48c8ae22fe6\" tg-width=\"752\" tg-height=\"333\" referrerpolicy=\"no-referrer\"></p>\n<p>香港公开发售项下初步提呈发售的发售股份已获轻微超额认购，相当于香港公开发售项下初步可供认购的1200万股香港发售股份总数约4.56倍。香港公开发售项下的最终发售股份数目为1200万股发售股份，相当于全球发售项下初步可供认购发售股份总数的10%，假设于任何超额配股权获行使前。</p>\n<p>根据国际发售初步提呈发售的发售股份已获适度超额认购，相当于国际发售初步可供认购的1.08亿股发售股份总数的2.07倍。国际发售项下的发售股份最终数目为1.08亿股发售股份，相当于全球发售项下初步可供认购发售股份总数的90%，假设于任何超额配股权获行使前。</p>\n<p>基于每股6.7港元的发售价，及根据基石投资协议，字节跳动(香港)有限公司及Green Better Limited认购合共1740.7万股发售股份，合共相当于紧随全球发售完成后公司已发行股本总额约2.9%；及全球发售项下的发售股份数目约14.5%，在两种情况下均假设超额配股权并无获行使。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"01948":"优矩控股"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167650216","content_text":"11月5日，优矩互动公布，公司发行1.2亿股，最终发售价已确定为每股发售股份6.7港元，全球发售收取的所得款项净额约为7.49亿港元，每手1000股，预期股份将于2021年11月8日上市。\n老虎资讯整理相关数据如下：\n\n分配结果\n甲组每手1000股，一手中签率15.7%，申购8手稳中一手。\n乙组头为600手（600000股），获配404手（404000股）。\n\n香港公开发售项下初步提呈发售的发售股份已获轻微超额认购，相当于香港公开发售项下初步可供认购的1200万股香港发售股份总数约4.56倍。香港公开发售项下的最终发售股份数目为1200万股发售股份，相当于全球发售项下初步可供认购发售股份总数的10%，假设于任何超额配股权获行使前。\n根据国际发售初步提呈发售的发售股份已获适度超额认购，相当于国际发售初步可供认购的1.08亿股发售股份总数的2.07倍。国际发售项下的发售股份最终数目为1.08亿股发售股份，相当于全球发售项下初步可供认购发售股份总数的90%，假设于任何超额配股权获行使前。\n基于每股6.7港元的发售价，及根据基石投资协议，字节跳动(香港)有限公司及Green Better Limited认购合共1740.7万股发售股份，合共相当于紧随全球发售完成后公司已发行股本总额约2.9%；及全球发售项下的发售股份数目约14.5%，在两种情况下均假设超额配股权并无获行使。","news_type":1},"isVote":1,"tweetType":1,"viewCount":890,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841549228,"gmtCreate":1635928510308,"gmtModify":1635928510390,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/841549228","repostId":"1180070722","repostType":4,"repost":{"id":"1180070722","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":1635928202,"share":"https://www.laohu8.com/m/news/1180070722?lang=&edition=full","pubTime":"2021-11-03 16:30","market":"us","language":"zh","title":"动视暴雪盘前跌超12%，公司Q4业绩展望不佳","url":"https://stock-news.laohu8.com/highlight/detail?id=1180070722","media":"老虎资讯综合","summary":"公司Q3净营收为20.7亿美元，同比增长6%，上年同期为19.54亿美元。","content":"<p>周三，<a href=\"https://laohu8.com/S/ATVI\">动视暴雪</a>盘前跌超12%。动视暴雪第三季度收入符合预期，调整后每股收益超出预期，但对第四季度和全年的盈利展望则未能达到预期，导致其盘后股价大幅下跌。</p>\n<p><img src=\"https://static.tigerbbs.com/0be8bbe68e7f39e2f6470b3f37b98275\" tg-width=\"1000\" tg-height=\"536\" referrerpolicy=\"no-referrer\"></p>\n<p>动视暴雪于周二美股盘后公布2021财年第三季度业绩。财报显示，Q3净营收为20.7亿美元，同比增长6%，上年同期为19.54亿美元；净利润为6.39亿美元，同比增长5.8%，上年同期为6.04亿美元；基本和摊薄后每股收益为0.82美元，上年同期为0.78美元。</p>\n<p>按业务划分，产品销售业务营收为4.23亿美元，上年同期为4.08亿美元；游戏内购、订阅和其他业务营收为16.47亿美元，上年同期为15.46亿美元。</p>\n<p>第三季度，整体月活跃用户(MAU)为3.9亿。 动视部门MAU为1.19亿，暴雪部门MAU为2600万，King部门MAU为2.45亿。</p>\n<p>公司预期2021年第四季度GAAP净营收为20.2亿美元，GAAP每股收益为0.54美元。2021财年全年GAAP净营收为86.6亿美元，Q2指引为85.15亿美元；GAAP每股收益为3.27美元，Q2指引为3.08美元。</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>动视暴雪盘前跌超12%，公司Q4业绩展望不佳</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; 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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动视暴雪盘前跌超12%，公司Q4业绩展望不佳\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\">2021-11-03 16:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>周三，<a href=\"https://laohu8.com/S/ATVI\">动视暴雪</a>盘前跌超12%。动视暴雪第三季度收入符合预期，调整后每股收益超出预期，但对第四季度和全年的盈利展望则未能达到预期，导致其盘后股价大幅下跌。</p>\n<p><img src=\"https://static.tigerbbs.com/0be8bbe68e7f39e2f6470b3f37b98275\" tg-width=\"1000\" tg-height=\"536\" referrerpolicy=\"no-referrer\"></p>\n<p>动视暴雪于周二美股盘后公布2021财年第三季度业绩。财报显示，Q3净营收为20.7亿美元，同比增长6%，上年同期为19.54亿美元；净利润为6.39亿美元，同比增长5.8%，上年同期为6.04亿美元；基本和摊薄后每股收益为0.82美元，上年同期为0.78美元。</p>\n<p>按业务划分，产品销售业务营收为4.23亿美元，上年同期为4.08亿美元；游戏内购、订阅和其他业务营收为16.47亿美元，上年同期为15.46亿美元。</p>\n<p>第三季度，整体月活跃用户(MAU)为3.9亿。 动视部门MAU为1.19亿，暴雪部门MAU为2600万，King部门MAU为2.45亿。</p>\n<p>公司预期2021年第四季度GAAP净营收为20.2亿美元，GAAP每股收益为0.54美元。2021财年全年GAAP净营收为86.6亿美元，Q2指引为85.15亿美元；GAAP每股收益为3.27美元，Q2指引为3.08美元。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/59ffb7cc06ef634e08486280a0cb7ec0","relate_stocks":{"ATVI":"动视暴雪"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180070722","content_text":"周三，动视暴雪盘前跌超12%。动视暴雪第三季度收入符合预期，调整后每股收益超出预期，但对第四季度和全年的盈利展望则未能达到预期，导致其盘后股价大幅下跌。\n\n动视暴雪于周二美股盘后公布2021财年第三季度业绩。财报显示，Q3净营收为20.7亿美元，同比增长6%，上年同期为19.54亿美元；净利润为6.39亿美元，同比增长5.8%，上年同期为6.04亿美元；基本和摊薄后每股收益为0.82美元，上年同期为0.78美元。\n按业务划分，产品销售业务营收为4.23亿美元，上年同期为4.08亿美元；游戏内购、订阅和其他业务营收为16.47亿美元，上年同期为15.46亿美元。\n第三季度，整体月活跃用户(MAU)为3.9亿。 动视部门MAU为1.19亿，暴雪部门MAU为2600万，King部门MAU为2.45亿。\n公司预期2021年第四季度GAAP净营收为20.2亿美元，GAAP每股收益为0.54美元。2021财年全年GAAP净营收为86.6亿美元，Q2指引为85.15亿美元；GAAP每股收益为3.27美元，Q2指引为3.08美元。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1021,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841057021,"gmtCreate":1635864909763,"gmtModify":1635864909884,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841057021","repostId":"1173106071","repostType":4,"repost":{"id":"1173106071","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":1635862071,"share":"https://www.laohu8.com/m/news/1173106071?lang=&edition=full","pubTime":"2021-11-02 22:07","market":"us","language":"zh","title":"安飞士盘中触发第二次熔断，日内涨幅83.93%","url":"https://stock-news.laohu8.com/highlight/detail?id=1173106071","media":"老虎资讯综合","summary":"公司第三季度利润创历史新高。","content":"<p>周二，<a href=\"https://laohu8.com/S/CAR\">安飞士</a>日内触发第二次熔断，目前涨幅83.93%，第三季度利润创历史新高。</p>\n<p><img src=\"https://static.tigerbbs.com/b33a5fef3a01b89915020baf3a8b5097\" 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>安飞士盘中触发第二次熔断，日内涨幅83.93%</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安飞士盘中触发第二次熔断，日内涨幅83.93%\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\">2021-11-02 22:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>周二，<a href=\"https://laohu8.com/S/CAR\">安飞士</a>日内触发第二次熔断，目前涨幅83.93%，第三季度利润创历史新高。</p>\n<p><img src=\"https://static.tigerbbs.com/b33a5fef3a01b89915020baf3a8b5097\" 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/592bee0ad3e5ec128298fc59c0747f1b","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173106071","content_text":"周二，安飞士日内触发第二次熔断，目前涨幅83.93%，第三季度利润创历史新高。","news_type":1},"isVote":1,"tweetType":1,"viewCount":709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849839426,"gmtCreate":1635740522313,"gmtModify":1635740522391,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849839426","repostId":"1141080775","repostType":4,"repost":{"id":"1141080775","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":1635728225,"share":"https://www.laohu8.com/m/news/1141080775?lang=&edition=full","pubTime":"2021-11-01 08:57","market":"hk","language":"zh","title":"微创机器人-B一手中签率3.3%，认购40手稳中一手","url":"https://stock-news.laohu8.com/highlight/detail?id=1141080775","media":"老虎资讯综合","summary":"11月1日，微创机器人-B发布公告，公司发行3620万股，最终发售价已确定为每股发售股份43.2港元，全球发售收取的所得款项净额约为14.57亿港元。香港公开发售获163.83倍以上超额认购，国际发售","content":"<p>11月1日，<a href=\"https://laohu8.com/S/02252\">微创机器人-B</a>发布公告，公司发行3620万股，最终发售价已确定为每股发售股份43.2港元，全球发售收取的所得款项净额约为14.57亿港元。香港公开发售获163.83倍以上超额认购，国际发售项下初步提呈发售的发售股份已获约16倍以上超额认购。每手500股，预期股份将于2021年11月2日上市。</p>\n<p><b>老虎资讯整理相关数据如下：</b></p>\n<p><img src=\"https://static.tigerbbs.com/c469319b67c0b11226ff0251505ce7b7\" tg-width=\"1059\" tg-height=\"824\" referrerpolicy=\"no-referrer\"></p>\n<p><b>分配结果</b></p>\n<p>甲组每手500股，一手中签率3.3%，申购40手稳中一手。</p>\n<p>乙组头为400手（200000股），获配11手（5500股）。</p>\n<p><img src=\"https://static.tigerbbs.com/f7e3bad482c8be2fd63fbc3ab16f1687\" tg-width=\"800\" tg-height=\"728\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/680ef46efdfd335cc02585c9c820851f\" tg-width=\"804\" tg-height=\"819\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5e6ba60746c76411d579382d020a4434\" tg-width=\"803\" tg-height=\"786\" referrerpolicy=\"no-referrer\"></p>\n<p>香港公开发售提呈发售的发售股份已获非常大幅超额认购，相当于香港公开发售项下初步可供认购H股总数362万股约163.83倍以上。香港公开发售项下的发售股份最终数目为1810万股H股，相当于全球发售项下初步可供认购发售股份总数的50%。</p>\n<p>国际发售项下初步提呈发售的发售股份已获大幅超额认购，约为国际发售项下初步可供认购H股总数3258万股约16倍以上。国际发售项下发售股份最终数目为1810万股H股，包括优先发售项下提呈发售的181万股预留股份，相当于全球发售项下发售股份总数的50%。</p>\n<p>按发售价每股H股43.20港元计算及根据与基石投资者订立的基石投资协议，基石投资者已认购1629万股发售股份，相当于紧随全球发售完成后公司已发行股本约1.71%及全球发售项下发售股份数目的45%，假设超额配股权未获行使。</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>微创机器人-B一手中签率3.3%，认购40手稳中一手</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微创机器人-B一手中签率3.3%，认购40手稳中一手\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\">2021-11-01 08:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>11月1日，<a href=\"https://laohu8.com/S/02252\">微创机器人-B</a>发布公告，公司发行3620万股，最终发售价已确定为每股发售股份43.2港元，全球发售收取的所得款项净额约为14.57亿港元。香港公开发售获163.83倍以上超额认购，国际发售项下初步提呈发售的发售股份已获约16倍以上超额认购。每手500股，预期股份将于2021年11月2日上市。</p>\n<p><b>老虎资讯整理相关数据如下：</b></p>\n<p><img src=\"https://static.tigerbbs.com/c469319b67c0b11226ff0251505ce7b7\" tg-width=\"1059\" tg-height=\"824\" referrerpolicy=\"no-referrer\"></p>\n<p><b>分配结果</b></p>\n<p>甲组每手500股，一手中签率3.3%，申购40手稳中一手。</p>\n<p>乙组头为400手（200000股），获配11手（5500股）。</p>\n<p><img src=\"https://static.tigerbbs.com/f7e3bad482c8be2fd63fbc3ab16f1687\" tg-width=\"800\" tg-height=\"728\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/680ef46efdfd335cc02585c9c820851f\" tg-width=\"804\" tg-height=\"819\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5e6ba60746c76411d579382d020a4434\" tg-width=\"803\" tg-height=\"786\" referrerpolicy=\"no-referrer\"></p>\n<p>香港公开发售提呈发售的发售股份已获非常大幅超额认购，相当于香港公开发售项下初步可供认购H股总数362万股约163.83倍以上。香港公开发售项下的发售股份最终数目为1810万股H股，相当于全球发售项下初步可供认购发售股份总数的50%。</p>\n<p>国际发售项下初步提呈发售的发售股份已获大幅超额认购，约为国际发售项下初步可供认购H股总数3258万股约16倍以上。国际发售项下发售股份最终数目为1810万股H股，包括优先发售项下提呈发售的181万股预留股份，相当于全球发售项下发售股份总数的50%。</p>\n<p>按发售价每股H股43.20港元计算及根据与基石投资者订立的基石投资协议，基石投资者已认购1629万股发售股份，相当于紧随全球发售完成后公司已发行股本约1.71%及全球发售项下发售股份数目的45%，假设超额配股权未获行使。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141080775","content_text":"11月1日，微创机器人-B发布公告，公司发行3620万股，最终发售价已确定为每股发售股份43.2港元，全球发售收取的所得款项净额约为14.57亿港元。香港公开发售获163.83倍以上超额认购，国际发售项下初步提呈发售的发售股份已获约16倍以上超额认购。每手500股，预期股份将于2021年11月2日上市。\n老虎资讯整理相关数据如下：\n\n分配结果\n甲组每手500股，一手中签率3.3%，申购40手稳中一手。\n乙组头为400手（200000股），获配11手（5500股）。\n\n香港公开发售提呈发售的发售股份已获非常大幅超额认购，相当于香港公开发售项下初步可供认购H股总数362万股约163.83倍以上。香港公开发售项下的发售股份最终数目为1810万股H股，相当于全球发售项下初步可供认购发售股份总数的50%。\n国际发售项下初步提呈发售的发售股份已获大幅超额认购，约为国际发售项下初步可供认购H股总数3258万股约16倍以上。国际发售项下发售股份最终数目为1810万股H股，包括优先发售项下提呈发售的181万股预留股份，相当于全球发售项下发售股份总数的50%。\n按发售价每股H股43.20港元计算及根据与基石投资者订立的基石投资协议，基石投资者已认购1629万股发售股份，相当于紧随全球发售完成后公司已发行股本约1.71%及全球发售项下发售股份数目的45%，假设超额配股权未获行使。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854768688,"gmtCreate":1635484195629,"gmtModify":1635484195888,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854768688","repostId":"1162333070","repostType":4,"repost":{"id":"1162333070","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":1635483028,"share":"https://www.laohu8.com/m/news/1162333070?lang=&edition=full","pubTime":"2021-10-29 12:50","market":"us","language":"zh","title":"传特斯拉向宁德时代预订电池，预示明年销量有望大增","url":"https://stock-news.laohu8.com/highlight/detail?id=1162333070","media":"老虎资讯综合","summary":"除了向宁德时代预订45GWh电池，特斯拉还计划追加订单，“双方已经在洽谈中”。","content":"<p>周五午间消息，从多位知情人士处获悉，为明年的销售做准备，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>已经向中国动力电池龙头企业<a href=\"https://laohu8.com/S/300750\">宁德时代</a>预订45GWh磷酸铁锂电池，主要用于Model&nbsp;3和Model&nbsp;Y车型。</p>\n<p>根据特斯拉官方信息，搭载磷酸铁锂电池的Model&nbsp;3和Model&nbsp;Y均为标准续航版本，前者电池容量为55度（kWh），后者为60度。以此初步计算，45GWh的电池订单，将对应近80万辆汽车。这已经超越特斯拉今年前三季度全球总销量，截至今年三季度，特斯拉全球销售62.735万辆汽车。</p>\n<p>消息人士透露，除了向宁德时代预订45GWh电池，特斯拉还计划追加订单，“双方已经在洽谈中”。</p>\n<p><img src=\"https://static.tigerbbs.com/26e12c082e29691e4d318afbc59e8591\" 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>传特斯拉向宁德时代预订电池，预示明年销量有望大增</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传特斯拉向宁德时代预订电池，预示明年销量有望大增\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\">2021-10-29 12:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>周五午间消息，从多位知情人士处获悉，为明年的销售做准备，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>已经向中国动力电池龙头企业<a href=\"https://laohu8.com/S/300750\">宁德时代</a>预订45GWh磷酸铁锂电池，主要用于Model&nbsp;3和Model&nbsp;Y车型。</p>\n<p>根据特斯拉官方信息，搭载磷酸铁锂电池的Model&nbsp;3和Model&nbsp;Y均为标准续航版本，前者电池容量为55度（kWh），后者为60度。以此初步计算，45GWh的电池订单，将对应近80万辆汽车。这已经超越特斯拉今年前三季度全球总销量，截至今年三季度，特斯拉全球销售62.735万辆汽车。</p>\n<p>消息人士透露，除了向宁德时代预订45GWh电池，特斯拉还计划追加订单，“双方已经在洽谈中”。</p>\n<p><img src=\"https://static.tigerbbs.com/26e12c082e29691e4d318afbc59e8591\" 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/896ef397778f0b24bb88f023053f86de","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162333070","content_text":"周五午间消息，从多位知情人士处获悉，为明年的销售做准备，特斯拉已经向中国动力电池龙头企业宁德时代预订45GWh磷酸铁锂电池，主要用于Model 3和Model Y车型。\n根据特斯拉官方信息，搭载磷酸铁锂电池的Model 3和Model Y均为标准续航版本，前者电池容量为55度（kWh），后者为60度。以此初步计算，45GWh的电池订单，将对应近80万辆汽车。这已经超越特斯拉今年前三季度全球总销量，截至今年三季度，特斯拉全球销售62.735万辆汽车。\n消息人士透露，除了向宁德时代预订45GWh电池，特斯拉还计划追加订单，“双方已经在洽谈中”。","news_type":1},"isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854104492,"gmtCreate":1635425749437,"gmtModify":1635425758798,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854104492","repostId":"1154307719","repostType":4,"repost":{"id":"1154307719","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":1635423574,"share":"https://www.laohu8.com/m/news/1154307719?lang=&edition=full","pubTime":"2021-10-28 20:19","market":"us","language":"zh","title":"盘前：市场情绪趋谨慎！聚焦苹果、亚马逊财报","url":"https://stock-news.laohu8.com/highlight/detail?id=1154307719","media":"老虎资讯综合","summary":"10月28日，美股三大股指期货震荡上涨，截至发稿，道指期货涨0.19%；标普500指数期货涨0.29%；纳斯达克100指数期货涨0.53%\n\n市场日内焦点料集中在苹果和亚马逊盘后公布的财报上。\n可穿戴","content":"<p>10月28日，美股三大股指期货震荡上涨，截至发稿，道指期货涨0.19%；标普500指数期货涨0.29%；纳斯达克100指数期货涨0.53%</p>\n<p><img src=\"https://static.tigerbbs.com/5563208e45242e9dbe2c840b1d85e1ef\" tg-width=\"385\" tg-height=\"179\" referrerpolicy=\"no-referrer\"></p>\n<p>市场日内焦点料集中在<a href=\"https://laohu8.com/S/AAPL\">苹果</a>和<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>盘后公布的财报上。</p>\n<p><a href=\"https://laohu8.com/NW/1167987755\" target=\"_blank\"><b>可穿戴设备能否扛起苹果业绩增长的大旗？</b></a></p>\n<p>市场预期苹果2021财年第四季度营收为849.2亿美元，同比增长31%;预期Q4每股收益为1.24美元。同比增长70%；市场预期苹果2021财年全年营收为3665.86亿美元，同比增长33.5%;预期每股收益为5.58美元，同比增长70%。</p>\n<p><a href=\"https://laohu8.com/NW/1133593020\" target=\"_blank\"><b>假日购物季开始前，亚马逊股票是买还是卖？</b></a></p>\n<p>华尔街一致估计亚马逊Q3营收为1116.6亿美元，这将是该公司1060亿至1120亿美元指导区间的高端。尽管如此，营收预计仅同比增长16.14%。随着假日购物季的认真开始，亚马逊也进入了一年中最繁忙的季节日历。作为美国最大的电子商务零售商，投资者正从亚马逊身上寻求一些见解。</p>\n<p><b>日内重要数据</b></p>\n<p>美国第三季度GDP环比折合年率初值为2.0%，预估为2.6%，前值为6.7%；</p>\n<p>美国上周首次申领失业救济人数为28.1万人，预估为28.9万人，前值为29万人。</p>\n<p><b>盘前行情</b></p>\n<p>新能源汽车板块盘前走高，<a href=\"https://laohu8.com/S/LCID\">Lucid Group</a>涨近4%，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>涨超3%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>、<a href=\"https://laohu8.com/S/LI\">理想汽车</a>涨近2%、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨近1%；</p>\n<p>美股区块链概念股盘前普涨，<a href=\"https://laohu8.com/S/RIOT\">Riot Blockchain</a>、<a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings</a>、<a href=\"https://laohu8.com/S/BTCM\">BIT Mining Limited</a>、<a href=\"https://laohu8.com/S/SOS\">SOS Limited</a>、<a href=\"https://laohu8.com/S/EBON\">亿邦国际</a>涨超3%，<a href=\"https://laohu8.com/S/BTBT\">Bit Digital Inc</a>、<a href=\"https://laohu8.com/S/COIN\">Coinbase</a>、<a href=\"https://laohu8.com/S/CAN\">嘉楠科技</a>、<a href=\"https://laohu8.com/S/NCTY\">第九城市</a>涨超2%；</p>\n<p>川普概念股走高，<a href=\"https://laohu8.com/S/DWAC\">Digital World Acquisition Corp</a>涨超10%，<a href=\"https://laohu8.com/S/PHUN\">Phunware</a>均涨超7%；</p>\n<p><a href=\"https://laohu8.com/S/F\">福特汽车</a>盘前涨近8%，Q3汽车业务收入高于预期，CEO表示到2025年在美国电动汽车销量方面“绝对”能赶上<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>；</p>\n<p><a href=\"https://laohu8.com/S/NOK\">诺基亚</a>盘前涨近4%，第三季度营业利润超出市场预期；</p>\n<p><a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯医药</a>盘前涨3%，公司在英国申请新冠疫苗授权；</p>\n<p><a href=\"https://laohu8.com/S/EBAY\">eBay</a>盘前跌超5%，Q3净利润同比下降60%，商品交易总额同比下降10%；</p>\n<p><a href=\"https://laohu8.com/S/TWLO\">Twilio</a>盘前跌超15%，此前该公司预计第四季度亏损幅度大于华尔街预期；</p>\n<p><a href=\"https://laohu8.com/S/RDS.A\">荷兰皇家壳牌石油A类股</a>盘前跌超4%，第三季度归母净亏损为4.47亿美元，市场预计净利润56亿美元。</p>\n<p><b>盘前财报</b></p>\n<p><a href=\"https://laohu8.com/NW/1125289710\" target=\"_blank\">Shopify第三季度营收11.24亿美元，同比增长46%</a></p>\n<p><a href=\"https://laohu8.com/NW/1108172987\" target=\"_blank\">卡特彼勒Q3营收124亿美元，利润同比增长113%</a></p>\n<p><a href=\"https://laohu8.com/NW/1125847558\" target=\"_blank\">默沙东三季度销售额131.54亿美元，同比增20%</a></p>\n<p><a href=\"https://laohu8.com/NW/1154699303\" target=\"_blank\">康卡斯特三季度营收、净利均超过市场预期</a></p>\n<p><b>欧洲市场</b></p>\n<p>欧洲主要股指多数上涨，截至发稿，德国DAX30指数跌0.23%，<a href=\"https://laohu8.com/S/VUKE.UK\">英国富时100</a>跌0.27%、法国CAC40涨0.48%。</p>\n<p><img src=\"https://static.tigerbbs.com/e3517cad39198a0510cbe359faae27f7\" tg-width=\"815\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p>\n<p><b>原油</b></p>\n<p>原油期货日内下跌，截止发稿，WTI原油跌1.44%，报81.47美元/桶；布伦特原油跌1.35%，报82.74美元/桶。</p>\n<p>日内有关原油库存大幅增加的担忧情绪继续发酵，导致投资者选择高位获利了结，不过分析师表示这与净进口大幅增加以及炼油厂活动受限有关，而不是基本面有所变化。</p>\n<p><img src=\"https://static.tigerbbs.com/9a23186d07f5aa038c026c2da6130606\" tg-width=\"889\" tg-height=\"822\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/81d77ec437a0582c5bd74b8498c31746\" tg-width=\"889\" tg-height=\"822\" referrerpolicy=\"no-referrer\"></p>\n<p><b>黄金</b></p>\n<p>黄金期货小幅走高，截止发稿，涨0.23%，报1803美元/盎司。</p>\n<p>尽管世界黄金协会看好金条和金币需求，但投资者等待晚些时候即将出炉的欧洲央行利率决议，以及下周的美联储会议。</p>\n<p><img src=\"https://static.tigerbbs.com/9af4f1b5448ec033e4398bb433b6e45e\" tg-width=\"889\" tg-height=\"823\" 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>盘前：市场情绪趋谨慎！聚焦苹果、亚马逊财报</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; 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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盘前：市场情绪趋谨慎！聚焦苹果、亚马逊财报\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\">2021-10-28 20:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>10月28日，美股三大股指期货震荡上涨，截至发稿，道指期货涨0.19%；标普500指数期货涨0.29%；纳斯达克100指数期货涨0.53%</p>\n<p><img src=\"https://static.tigerbbs.com/5563208e45242e9dbe2c840b1d85e1ef\" tg-width=\"385\" tg-height=\"179\" referrerpolicy=\"no-referrer\"></p>\n<p>市场日内焦点料集中在<a href=\"https://laohu8.com/S/AAPL\">苹果</a>和<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>盘后公布的财报上。</p>\n<p><a href=\"https://laohu8.com/NW/1167987755\" target=\"_blank\"><b>可穿戴设备能否扛起苹果业绩增长的大旗？</b></a></p>\n<p>市场预期苹果2021财年第四季度营收为849.2亿美元，同比增长31%;预期Q4每股收益为1.24美元。同比增长70%；市场预期苹果2021财年全年营收为3665.86亿美元，同比增长33.5%;预期每股收益为5.58美元，同比增长70%。</p>\n<p><a href=\"https://laohu8.com/NW/1133593020\" target=\"_blank\"><b>假日购物季开始前，亚马逊股票是买还是卖？</b></a></p>\n<p>华尔街一致估计亚马逊Q3营收为1116.6亿美元，这将是该公司1060亿至1120亿美元指导区间的高端。尽管如此，营收预计仅同比增长16.14%。随着假日购物季的认真开始，亚马逊也进入了一年中最繁忙的季节日历。作为美国最大的电子商务零售商，投资者正从亚马逊身上寻求一些见解。</p>\n<p><b>日内重要数据</b></p>\n<p>美国第三季度GDP环比折合年率初值为2.0%，预估为2.6%，前值为6.7%；</p>\n<p>美国上周首次申领失业救济人数为28.1万人，预估为28.9万人，前值为29万人。</p>\n<p><b>盘前行情</b></p>\n<p>新能源汽车板块盘前走高，<a href=\"https://laohu8.com/S/LCID\">Lucid Group</a>涨近4%，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>涨超3%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>、<a href=\"https://laohu8.com/S/LI\">理想汽车</a>涨近2%、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨近1%；</p>\n<p>美股区块链概念股盘前普涨，<a href=\"https://laohu8.com/S/RIOT\">Riot Blockchain</a>、<a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings</a>、<a href=\"https://laohu8.com/S/BTCM\">BIT Mining Limited</a>、<a href=\"https://laohu8.com/S/SOS\">SOS Limited</a>、<a href=\"https://laohu8.com/S/EBON\">亿邦国际</a>涨超3%，<a href=\"https://laohu8.com/S/BTBT\">Bit Digital Inc</a>、<a href=\"https://laohu8.com/S/COIN\">Coinbase</a>、<a href=\"https://laohu8.com/S/CAN\">嘉楠科技</a>、<a href=\"https://laohu8.com/S/NCTY\">第九城市</a>涨超2%；</p>\n<p>川普概念股走高，<a href=\"https://laohu8.com/S/DWAC\">Digital World Acquisition Corp</a>涨超10%，<a href=\"https://laohu8.com/S/PHUN\">Phunware</a>均涨超7%；</p>\n<p><a href=\"https://laohu8.com/S/F\">福特汽车</a>盘前涨近8%，Q3汽车业务收入高于预期，CEO表示到2025年在美国电动汽车销量方面“绝对”能赶上<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>；</p>\n<p><a href=\"https://laohu8.com/S/NOK\">诺基亚</a>盘前涨近4%，第三季度营业利润超出市场预期；</p>\n<p><a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯医药</a>盘前涨3%，公司在英国申请新冠疫苗授权；</p>\n<p><a href=\"https://laohu8.com/S/EBAY\">eBay</a>盘前跌超5%，Q3净利润同比下降60%，商品交易总额同比下降10%；</p>\n<p><a href=\"https://laohu8.com/S/TWLO\">Twilio</a>盘前跌超15%，此前该公司预计第四季度亏损幅度大于华尔街预期；</p>\n<p><a href=\"https://laohu8.com/S/RDS.A\">荷兰皇家壳牌石油A类股</a>盘前跌超4%，第三季度归母净亏损为4.47亿美元，市场预计净利润56亿美元。</p>\n<p><b>盘前财报</b></p>\n<p><a href=\"https://laohu8.com/NW/1125289710\" target=\"_blank\">Shopify第三季度营收11.24亿美元，同比增长46%</a></p>\n<p><a href=\"https://laohu8.com/NW/1108172987\" target=\"_blank\">卡特彼勒Q3营收124亿美元，利润同比增长113%</a></p>\n<p><a href=\"https://laohu8.com/NW/1125847558\" target=\"_blank\">默沙东三季度销售额131.54亿美元，同比增20%</a></p>\n<p><a href=\"https://laohu8.com/NW/1154699303\" target=\"_blank\">康卡斯特三季度营收、净利均超过市场预期</a></p>\n<p><b>欧洲市场</b></p>\n<p>欧洲主要股指多数上涨，截至发稿，德国DAX30指数跌0.23%，<a href=\"https://laohu8.com/S/VUKE.UK\">英国富时100</a>跌0.27%、法国CAC40涨0.48%。</p>\n<p><img src=\"https://static.tigerbbs.com/e3517cad39198a0510cbe359faae27f7\" tg-width=\"815\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p>\n<p><b>原油</b></p>\n<p>原油期货日内下跌，截止发稿，WTI原油跌1.44%，报81.47美元/桶；布伦特原油跌1.35%，报82.74美元/桶。</p>\n<p>日内有关原油库存大幅增加的担忧情绪继续发酵，导致投资者选择高位获利了结，不过分析师表示这与净进口大幅增加以及炼油厂活动受限有关，而不是基本面有所变化。</p>\n<p><img src=\"https://static.tigerbbs.com/9a23186d07f5aa038c026c2da6130606\" tg-width=\"889\" tg-height=\"822\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/81d77ec437a0582c5bd74b8498c31746\" tg-width=\"889\" tg-height=\"822\" referrerpolicy=\"no-referrer\"></p>\n<p><b>黄金</b></p>\n<p>黄金期货小幅走高，截止发稿，涨0.23%，报1803美元/盎司。</p>\n<p>尽管世界黄金协会看好金条和金币需求，但投资者等待晚些时候即将出炉的欧洲央行利率决议，以及下周的美联储会议。</p>\n<p><img src=\"https://static.tigerbbs.com/9af4f1b5448ec033e4398bb433b6e45e\" tg-width=\"889\" tg-height=\"823\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ed4ee39e6b0f45214393093d70ba81a8","relate_stocks":{"TSLA":"特斯拉","AMZN":"亚马逊","AAPL":"苹果","LCID":"Lucid Group Inc",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154307719","content_text":"10月28日，美股三大股指期货震荡上涨，截至发稿，道指期货涨0.19%；标普500指数期货涨0.29%；纳斯达克100指数期货涨0.53%\n\n市场日内焦点料集中在苹果和亚马逊盘后公布的财报上。\n可穿戴设备能否扛起苹果业绩增长的大旗？\n市场预期苹果2021财年第四季度营收为849.2亿美元，同比增长31%;预期Q4每股收益为1.24美元。同比增长70%；市场预期苹果2021财年全年营收为3665.86亿美元，同比增长33.5%;预期每股收益为5.58美元，同比增长70%。\n假日购物季开始前，亚马逊股票是买还是卖？\n华尔街一致估计亚马逊Q3营收为1116.6亿美元，这将是该公司1060亿至1120亿美元指导区间的高端。尽管如此，营收预计仅同比增长16.14%。随着假日购物季的认真开始，亚马逊也进入了一年中最繁忙的季节日历。作为美国最大的电子商务零售商，投资者正从亚马逊身上寻求一些见解。\n日内重要数据\n美国第三季度GDP环比折合年率初值为2.0%，预估为2.6%，前值为6.7%；\n美国上周首次申领失业救济人数为28.1万人，预估为28.9万人，前值为29万人。\n盘前行情\n新能源汽车板块盘前走高，Lucid Group涨近4%，特斯拉涨超3%，小鹏汽车、理想汽车涨近2%、蔚来涨近1%；\n美股区块链概念股盘前普涨，Riot Blockchain、Marathon Digital Holdings、BIT Mining Limited、SOS Limited、亿邦国际涨超3%，Bit Digital Inc、Coinbase、嘉楠科技、第九城市涨超2%；\n川普概念股走高，Digital World Acquisition Corp涨超10%，Phunware均涨超7%；\n福特汽车盘前涨近8%，Q3汽车业务收入高于预期，CEO表示到2025年在美国电动汽车销量方面“绝对”能赶上特斯拉；\n诺基亚盘前涨近4%，第三季度营业利润超出市场预期；\n诺瓦瓦克斯医药盘前涨3%，公司在英国申请新冠疫苗授权；\neBay盘前跌超5%，Q3净利润同比下降60%，商品交易总额同比下降10%；\nTwilio盘前跌超15%，此前该公司预计第四季度亏损幅度大于华尔街预期；\n荷兰皇家壳牌石油A类股盘前跌超4%，第三季度归母净亏损为4.47亿美元，市场预计净利润56亿美元。\n盘前财报\nShopify第三季度营收11.24亿美元，同比增长46%\n卡特彼勒Q3营收124亿美元，利润同比增长113%\n默沙东三季度销售额131.54亿美元，同比增20%\n康卡斯特三季度营收、净利均超过市场预期\n欧洲市场\n欧洲主要股指多数上涨，截至发稿，德国DAX30指数跌0.23%，英国富时100跌0.27%、法国CAC40涨0.48%。\n\n原油\n原油期货日内下跌，截止发稿，WTI原油跌1.44%，报81.47美元/桶；布伦特原油跌1.35%，报82.74美元/桶。\n日内有关原油库存大幅增加的担忧情绪继续发酵，导致投资者选择高位获利了结，不过分析师表示这与净进口大幅增加以及炼油厂活动受限有关，而不是基本面有所变化。\n\n黄金\n黄金期货小幅走高，截止发稿，涨0.23%，报1803美元/盎司。\n尽管世界黄金协会看好金条和金币需求，但投资者等待晚些时候即将出炉的欧洲央行利率决议，以及下周的美联储会议。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855066521,"gmtCreate":1635316033053,"gmtModify":1635316033128,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855066521","repostId":"2178281800","repostType":4,"repost":{"id":"2178281800","pubTimestamp":1635315761,"share":"https://www.laohu8.com/m/news/2178281800?lang=&edition=full","pubTime":"2021-10-27 14:22","market":"us","language":"zh","title":"GameStop轧空风暴启示录：警惕利用社交媒体操纵市场","url":"https://stock-news.laohu8.com/highlight/detail?id=2178281800","media":"21世纪经济报道","summary":"散户大战华尔街的故事令人兴奋，但真正的胜利会属于散户吗？疯狂对决之后，能留给市场哪些启示？清华大学五道口金融学院副院长、鑫苑金融学讲席教授张晓燕认为，“散户投资者没有真正胜利，低调的多头机构投资者才是","content":"<div>\n<p>散户大战华尔街的故事令人兴奋，但真正的胜利会属于散户吗？疯狂对决之后，能留给市场哪些启示？清华大学五道口金融学院副院长、鑫苑金融学讲席教授张晓燕认为，“散户投资者没有真正胜利，低调的多头机构投资者才是最大的赢家。”她表示，社交媒体的助力下，散户投资者正在变成一股难以忽视的力量，需要警惕利用社交媒体的市场操纵行为。\n据了解，发生在2021年年初的《GameStop轧空风暴：散户VS华尔街》已被清华...</p>\n\n<a href=\"https://tech.sina.cn/i/gj/2021-10-27/detail-iktzqtyu3820574.d.html?vt=4\">Web Link</a>\n\n</div>\n","source":"sina_tech","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>GameStop轧空风暴启示录：警惕利用社交媒体操纵市场</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\">\nGameStop轧空风暴启示录：警惕利用社交媒体操纵市场\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 14:22 北京时间&nbsp;&nbsp;&nbsp;<a href=https://tech.sina.cn/i/gj/2021-10-27/detail-iktzqtyu3820574.d.html?vt=4><strong>21世纪经济报道</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>散户大战华尔街的故事令人兴奋，但真正的胜利会属于散户吗？疯狂对决之后，能留给市场哪些启示？清华大学五道口金融学院副院长、鑫苑金融学讲席教授张晓燕认为，“散户投资者没有真正胜利，低调的多头机构投资者才是最大的赢家。”她表示，社交媒体的助力下，散户投资者正在变成一股难以忽视的力量，需要警惕利用社交媒体的市场操纵行为。\n据了解，发生在2021年年初的《GameStop轧空风暴：散户VS华尔街》已被清华...</p>\n\n<a href=\"https://tech.sina.cn/i/gj/2021-10-27/detail-iktzqtyu3820574.d.html?vt=4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a3a48e758f950d92f692b643c5eaa18f","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://tech.sina.cn/i/gj/2021-10-27/detail-iktzqtyu3820574.d.html?vt=4","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178281800","content_text":"散户大战华尔街的故事令人兴奋，但真正的胜利会属于散户吗？疯狂对决之后，能留给市场哪些启示？清华大学五道口金融学院副院长、鑫苑金融学讲席教授张晓燕认为，“散户投资者没有真正胜利，低调的多头机构投资者才是最大的赢家。”她表示，社交媒体的助力下，散户投资者正在变成一股难以忽视的力量，需要警惕利用社交媒体的市场操纵行为。\n据了解，发生在2021年年初的《GameStop轧空风暴：散户VS华尔街》已被清华五道口中国金融案例库收录。大洋彼岸的这场轧空风暴，其发生背景与我国存在相似之处，对我国金融投资发展有借鉴意义和启发作用。近日，在清华大学五道口金融学院中国金融案例中心举办的“案例沙龙”活动上，张晓燕以此为例，从学术角度阐述其产生原因以及对资本市场的启示。\n张晓燕向记者表示，散户是我国资本市场的重要构成，社交媒体的影响也日益增加。改善投资者结构、逐步完善做空机制、加强社交媒体监管、重视投资者教育，将是我国资本市场及监管机构未来需重视的问题。\n散户逼空华尔街，GME股价疯涨\n2021年伊始，在大洋彼岸的美国股票市场发生了一场震惊世界的轧空事件，对阵双方一边是久经商战的华尔街做空机构，一边是不被看好的散户，而这一切都围绕着一家名为 GameStop(NYSE:GME)的游戏公司展开。\nGameStop（译名游戏驿站）创立于 1984 年，是美国一家知名的游戏产品零售商，也是目前世界上最大的视频游戏零售商。通过一系列的客户忠诚度计划，GameStop 培养了大批黏性高的忠实用户，它销售的魂斗罗、超级玛丽等游戏也成为了一代年轻人的童年回忆。\n但是，随着网络电商兴起与游戏数字化冲击，GameStop的零售业绩开始下滑，新冠疫情更让在走下坡路的 GameStop一蹶不振，股价一度下跌至 2.57 美元。在此背景之下， GameStop做空比例一度高达140％。\n2021年1月11日，事情迎来转机。美国知名宠物电商创始人 Ryan Cohen 宣布入主 GME 董事会，让聚集在 Reddit社交软件WallStreetBets论坛（简称WSB论坛）的散户重燃信心，GameStop 股价上升至 19.94 美元。3天后，GameStop股价翻倍至40美元。\n1月19日，香橼研究发文表示“GME只值20美元”，引发WSB论坛强烈不满，1月22日，收盘价上升到65美元，盘中涨幅一度突破70%，最终以涨幅51.8%收盘。1月25日，收盘价76美元，盘中一度涨幅达144%，当日成交额甚至超过2020年一年的成交额。\n1月26日，Social Capital首席执行官查马斯与特斯拉CEO马斯克分别力挺散户。股价攀升至150美元。空头机构梅尔文资本宣布平仓。1月27日，股价一度达到483美元的高价，以347.51美元收盘。Discord移除论坛服务器又迅速恢复。\n1月28日，Robinhood关闭GME等股票买入交易，股价暴跌，最终收盘跌44.29%至196美元。查马斯接受媒体视频采访，上演舆论场上的多空对决。1月29日，香橼创始人宣布由专注做空改为做多，Robinhood宣布将取消交易限制，但股价依旧下跌明显。至此“散户VS华尔街”的高潮逐渐落幕，余波仍在蔓延。\n散户投资者没有真正胜利，忌跟风看公司\n回顾整个事件经过，GameStop轧空风暴的发生并非偶然，而是多因素共同驱动的结果，张晓燕教授从多空双方主体出发，提出了以下几点原因。从空头方看，香橼研究、梅尔文资本等做空机构对当时的市场过分乐观自信，这导致他们忽视了潜在的泡沫风险，致使自身爆仓且损失惨重。\n从散户的角度来看，三个主要动因促成了散户围猎华尔街的行动。第一，新冠疫情下散户们“有钱有闲”。疫情导致的大封锁让许多人赋闲在家或居家办公，众多娱乐场所关闭，散户有更多时间浏览WSB论坛。同时，美国政府在2021年初实行了大规模的财政刺激政策，大幅增加了散户的可支配收入。\n第二，社交媒体使散户化零为整。社交媒体Reddit的WSB论坛为众多散户提供了表达空间，众多股民在论坛中抒发对GameStop的怀旧情绪，并对华尔街精英在2008年金融危机里的糟糕表现表示痛恨，强烈的情绪共鸣刺激着他们跟随论坛意见领袖基思·吉尔向股市发起冲锋。\n第三，互联网券商崛起为散户交易提供便利。Robinhood应用软件凭借零佣金，较小的最低投资额，娱乐化的简易操作等优势迅速吸引了大量的年轻投资者，它还向用户开放了期权交易，致使风险在杠杆作用下进一步放大。\nGameStop轧空风暴事件看似是散户取得了胜利，但事实真的如此吗？张晓燕认为，“散户投资者没有真正胜利，低调的多头机构投资者才是最大的赢家。”\n她解释称，首先，散户抱团做多的说法并不成立。使用Robinhood进行GME股票交易的散户只代表一部分年轻冲动、资产有限的群体，部分成熟的散户在看到股市可能存在的泡沫时已经意识到应该及时抽身。根据讲座展示的Trade and Quote交易记录，在第一次交易额达峰后，有部分散户卖出了持有的GME股票。\n其次，高位买入的散户同样在价格回落之后损失惨重，之前就已经持有股票的多头机构投资者才是最大的赢家，而“他们其实什么也没做”。\n张晓燕表示，散户的确会受到社交媒体的影响，而且社交媒体至少可以在短期内严重影响股票的走势。但这类自由言论很难管制，政府只能管理“不法”的部分，比如散布虚假信息，事实性的投资经历分享和情绪表达，在社交媒体上是难以规制的，只有靠投资者自己辨识良莠不齐的信息。她建议，投资人要做长期的稳定投资，千万不要跟风看公司，要看它的基本面，不要被社交媒体带着走。\n警惕利用社交媒体操纵市场，重视投资者教育\n目前，GME股价已从2021年1月27日最高点347.51美元回落至170美元左右。回归资本市场的目的本身，可以说，散户热捧GameStop并没有对该公司产生实质性的帮助，相反因为吸收了大量的注意力对它造成困扰。\n发生在美国的这场轧空风暴对中国而言就像一面镜子，比如美国散户中千禧一代（1980-1990s出生）的财务焦虑之于国内的“内卷”，散户对华尔街的仇恨之于国内的“仇富”情绪，案例中有值得我们深入反思的地方。\n总结GameStop轧空风暴事件的经验教训，张晓燕提炼出四点建议。\n第一，改善投资者结构。目前，我国股市上80%是散户，机构只占20%，散户占日交易量的80%，但其持有的市场份额只有20%。比较理想的投资者结构应是高质量机构的份额逐渐上升，散户把资金投放到长期的财富增长渠道，而不是跟风投机。高质量机构占比增加有利于提升市场信息渠道的质量，帮助投资者更清楚透彻地了解公司基本面，引导资源流向优质企业。\n第二，逐步完善做空机制。张晓燕认为，我国对做空是严格监管的，不大可能出现美国大规模做空的情况，但是在一个成熟的资本市场，做空是不可避免的。事实上，做空于股市有利，比如，提示监管机构和投资者存在风险的垃圾股，督促上市公司改善经营，淘汰劣质资产。此外，做空也是投资者针对股价表达观点的工具，可以增加投资策略选择。\n第三，加强社交媒体监管。对此，政府该如何监管？张晓燕回答21世纪经济报道记者提问时表示，部分投资者容易被误导，分不清事实(facts)和观点(opinions)。但如何区分“言论自由”与“市场操纵”是一个难以监管的灰色地带。GameStop轧空风暴事件中，WSB论坛的“带头大哥”基思·吉尔并未受到SEC（美国证券交易委员会）的处罚。言论自由需要保障，造谣行为同样要打击，这样才能更好保护投资者的合法权益。政府力所能及的是监管违法行为，剩下的需要投资者自己擦亮眼睛。\n第四，重视投资者教育。张晓燕说，金融投资教育要从娃娃抓起，普及学生相关的金融知识和投资原则。最重要的是让孩子理解“股票是用来投资的，不是用来炒作的”，从小树立正确的投资观。","news_type":1},"isVote":1,"tweetType":1,"viewCount":983,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856555005,"gmtCreate":1635204510147,"gmtModify":1635204526925,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/856555005","repostId":"2178473569","repostType":4,"repost":{"id":"2178473569","pubTimestamp":1635204269,"share":"https://www.laohu8.com/m/news/2178473569?lang=&edition=full","pubTime":"2021-10-26 07:24","market":"us","language":"zh","title":"特斯拉市值首破万亿！垃圾级评级第一家、车企第一家","url":"https://stock-news.laohu8.com/highlight/detail?id=2178473569","media":"华尔街见闻","summary":"受多重利好，摩根士丹利将特斯拉的目标价格上调了三分之一，从每股 900 美元上调至1,200美元，马斯克的个人财富也跃升了近 290 亿美元至2810亿美元。","content":"<p>华尔街见闻此前介绍过，<a href=\"https://laohu8.com/S/HTZ\">赫兹</a> Hertz 计划在 2022 年底前订购 10 万辆汽车以建立其电动汽车租赁车队，这笔交易将为<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>带来 42 亿美元的收入，是有史以来最大的电动汽车采购。特斯拉周一市值突破 1 万亿美元。</p>\n<p>特斯拉刷新盘中历史高位至1036.99美元，日内涨幅超过12%，本日收于1,024.86 美元，涨幅12.66%。</p>\n<p>于此同时，马斯克大约三分之二的净资产直接与这家电动汽车公司的股票和期权挂钩，其个人财富也跃升了近 290 亿美元至2810亿美元。根据彭博指数，<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>公司的杰夫·贝索斯以 1930 亿美元排名第二。<img src=\"https://static.tigerbbs.com/5c0f9a3c6e5f1f81c1dfe40c6b5cc51a\" tg-width=\"856\" tg-height=\"609\" referrerpolicy=\"no-referrer\"><b>强劲的欧洲销量</b>和<b>看涨的分析师电话</b>进一步提振了特斯拉的股价。</p>\n<p>Jato Dynamics 表示，特斯拉的 Model 3 电动轿车成为 9 月份欧洲新车销量第一的全电动汽车。这些汽车计划在未来 14 个月内交付，最早将于 11 月向美国和欧洲部分地区的客户提供。</p>\n<p>特斯拉销量上周创下历史新高，超过华尔街预期，连续第九个季度实现盈利，因为这家拥有 18 年历史的电动汽车制造商的表现优于竞争对手。</p>\n<p>同时，<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>的亚当·乔纳斯 Adam Jonas 周日将特斯拉的目标价格上调33%，从每股 900 美元上调至 1,200 美元。乔纳斯在重申增持评级时表示，该公司在利润率方面已跻身顶级制造商之列。</p>\n<blockquote>\n 该公司克服了前所未有的行业供应短缺，实现了“非凡”的销售增长。特斯拉第三季度的销量猛增了约 70%，尽管全球汽车产量下降了约五分之一。\n</blockquote>\n<p><b>突破一万亿美元的特斯拉，债务评级上调但仍为垃圾级</b></p>\n<p>随着全球消费者转向电动汽车，特斯拉股价一直在上涨，早些时候触及 998.74 美元的历史新高，上涨 9.8%，创下 3 月 9 日以来的最佳盘中表现。这推动该公司市值超过 1 万亿美元。截至 10 月 21 日，已发行股票约为 10 亿股。</p>\n<p>彭博资讯信用分析师乔尔·莱文顿 Joel Levington 表示：“1 万亿美元大关让特斯拉债权人为垃圾级发行人提供了前所未有的股权缓冲。”</p>\n<p>估值里程碑是在标准普尔全球评级周五将特斯拉的长期评级从 BB 上调至 BB+ 之后，上调后仍为垃圾级。该评级机构表示，预计该公司的交付量和收益将在未来几个季度保持强劲。</p>\n<p>“标准普尔最近对特斯拉的升级让这家汽车制造商敲开了高级别的大门，我们预计该公司将在未来 12 个月内过渡到投资级，为进一步提供金融产品开辟了潜力。”</p>\n<p><b>特斯拉在期权市场遥遥领先其他蓝筹科技股</b></p>\n<p>于此同时，特斯拉在期权市场上遥遥领先于其他超高市值科技股，特斯拉占据前九个交易最多的期权中的八席。</p>\n<p>在本周报告的五家科技巨头中，<a href=\"https://laohu8.com/S/AAPL\">苹果</a>周五到期的 150 美元看涨期权是最活跃的期权行权，交易量超过 46,000 份合约。</p>\n<p><a href=\"https://laohu8.com/S/FB\">Facebook</a> 12 月的 270 美元看跌期权是这家社交媒体巨头最活跃的，交易了超过 27,000 份合约。</p>\n<p>特斯拉股价 4.3% 的预期波动是第二大的。</p>\n<p>预计<a href=\"https://laohu8.com/S/MSFT\">微软</a>的变动幅度最小，平均为 2.9%。在过去的八份收益报告中，它平均上涨了 2.3%。</p>","source":"wallstreetcn_api","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>特斯拉市值首破万亿！垃圾级评级第一家、车企第一家</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特斯拉市值首破万亿！垃圾级评级第一家、车企第一家\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-26 07:24 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3643247><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>华尔街见闻此前介绍过，赫兹 Hertz 计划在 2022 年底前订购 10 万辆汽车以建立其电动汽车租赁车队，这笔交易将为特斯拉带来 42 亿美元的收入，是有史以来最大的电动汽车采购。特斯拉周一市值突破 1 万亿美元。\n特斯拉刷新盘中历史高位至1036.99美元，日内涨幅超过12%，本日收于1,024.86 美元，涨幅12.66%。\n于此同时，马斯克大约三分之二的净资产直接与这家电动汽车公司的股票...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3643247\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/968c7f56416ea450ba452ed25e324d2e","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3643247","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178473569","content_text":"华尔街见闻此前介绍过，赫兹 Hertz 计划在 2022 年底前订购 10 万辆汽车以建立其电动汽车租赁车队，这笔交易将为特斯拉带来 42 亿美元的收入，是有史以来最大的电动汽车采购。特斯拉周一市值突破 1 万亿美元。\n特斯拉刷新盘中历史高位至1036.99美元，日内涨幅超过12%，本日收于1,024.86 美元，涨幅12.66%。\n于此同时，马斯克大约三分之二的净资产直接与这家电动汽车公司的股票和期权挂钩，其个人财富也跃升了近 290 亿美元至2810亿美元。根据彭博指数，亚马逊公司的杰夫·贝索斯以 1930 亿美元排名第二。强劲的欧洲销量和看涨的分析师电话进一步提振了特斯拉的股价。\nJato Dynamics 表示，特斯拉的 Model 3 电动轿车成为 9 月份欧洲新车销量第一的全电动汽车。这些汽车计划在未来 14 个月内交付，最早将于 11 月向美国和欧洲部分地区的客户提供。\n特斯拉销量上周创下历史新高，超过华尔街预期，连续第九个季度实现盈利，因为这家拥有 18 年历史的电动汽车制造商的表现优于竞争对手。\n同时，摩根士丹利的亚当·乔纳斯 Adam Jonas 周日将特斯拉的目标价格上调33%，从每股 900 美元上调至 1,200 美元。乔纳斯在重申增持评级时表示，该公司在利润率方面已跻身顶级制造商之列。\n\n 该公司克服了前所未有的行业供应短缺，实现了“非凡”的销售增长。特斯拉第三季度的销量猛增了约 70%，尽管全球汽车产量下降了约五分之一。\n\n突破一万亿美元的特斯拉，债务评级上调但仍为垃圾级\n随着全球消费者转向电动汽车，特斯拉股价一直在上涨，早些时候触及 998.74 美元的历史新高，上涨 9.8%，创下 3 月 9 日以来的最佳盘中表现。这推动该公司市值超过 1 万亿美元。截至 10 月 21 日，已发行股票约为 10 亿股。\n彭博资讯信用分析师乔尔·莱文顿 Joel Levington 表示：“1 万亿美元大关让特斯拉债权人为垃圾级发行人提供了前所未有的股权缓冲。”\n估值里程碑是在标准普尔全球评级周五将特斯拉的长期评级从 BB 上调至 BB+ 之后，上调后仍为垃圾级。该评级机构表示，预计该公司的交付量和收益将在未来几个季度保持强劲。\n“标准普尔最近对特斯拉的升级让这家汽车制造商敲开了高级别的大门，我们预计该公司将在未来 12 个月内过渡到投资级，为进一步提供金融产品开辟了潜力。”\n特斯拉在期权市场遥遥领先其他蓝筹科技股\n于此同时，特斯拉在期权市场上遥遥领先于其他超高市值科技股，特斯拉占据前九个交易最多的期权中的八席。\n在本周报告的五家科技巨头中，苹果周五到期的 150 美元看涨期权是最活跃的期权行权，交易量超过 46,000 份合约。\nFacebook 12 月的 270 美元看跌期权是这家社交媒体巨头最活跃的，交易了超过 27,000 份合约。\n特斯拉股价 4.3% 的预期波动是第二大的。\n预计微软的变动幅度最小，平均为 2.9%。在过去的八份收益报告中，它平均上涨了 2.3%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858626505,"gmtCreate":1635047173685,"gmtModify":1635047173966,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858626505","repostId":"1181930399","repostType":4,"isVote":1,"tweetType":1,"viewCount":523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858046641,"gmtCreate":1634956491179,"gmtModify":1634956491390,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858046641","repostId":"1173405486","repostType":4,"repost":{"id":"1173405486","pubTimestamp":1634953781,"share":"https://www.laohu8.com/m/news/1173405486?lang=&edition=full","pubTime":"2021-10-23 09:49","market":"sh","language":"zh","title":"又到“双11”，券商抛出宏大攻略，还有A股相关掘金术","url":"https://stock-news.laohu8.com/highlight/detail?id=1173405486","media":" 中国证券报","summary":"又到了一年一度拼阅读理解和数学能力的时候！\n今年“双11”期间，淘宝、京东等不少购物平台都开启了复杂的补贴和优惠活动。中证君注意到，国泰君安、申万宏源等券商发布了相关研报，纷纷为消费者支招。在比价的同","content":"<div>\n<p>又到了一年一度拼阅读理解和数学能力的时候！\n今年“双11”期间，淘宝、京东等不少购物平台都开启了复杂的补贴和优惠活动。中证君注意到，国泰君安、申万宏源等券商发布了相关研报，纷纷为消费者支招。在比价的同时，这些机构也建议投资者关注消费和电商相关板块的投资机会。\n平台玩法各不相同\n今年的“双11”早早就开始了。天猫平台的第一轮预售期由去年的10月21日0点提前4小时至10月20日晚8点，抢占“黄金时段...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/K3hEtqvPDm9dm1Y9r_dVaw\">Web Link</a>\n\n</div>\n","source":"zgzqb","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>又到“双11”，券商抛出宏大攻略，还有A股相关掘金术</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 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0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n又到“双11”，券商抛出宏大攻略，还有A股相关掘金术\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-23 09:49 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/K3hEtqvPDm9dm1Y9r_dVaw><strong> 中国证券报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>又到了一年一度拼阅读理解和数学能力的时候！\n今年“双11”期间，淘宝、京东等不少购物平台都开启了复杂的补贴和优惠活动。中证君注意到，国泰君安、申万宏源等券商发布了相关研报，纷纷为消费者支招。在比价的同时，这些机构也建议投资者关注消费和电商相关板块的投资机会。\n平台玩法各不相同\n今年的“双11”早早就开始了。天猫平台的第一轮预售期由去年的10月21日0点提前4小时至10月20日晚8点，抢占“黄金时段...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/K3hEtqvPDm9dm1Y9r_dVaw\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c48c9adb19cdb7bd227841d21dbd7cd2","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/K3hEtqvPDm9dm1Y9r_dVaw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173405486","content_text":"又到了一年一度拼阅读理解和数学能力的时候！\n今年“双11”期间，淘宝、京东等不少购物平台都开启了复杂的补贴和优惠活动。中证君注意到，国泰君安、申万宏源等券商发布了相关研报，纷纷为消费者支招。在比价的同时，这些机构也建议投资者关注消费和电商相关板块的投资机会。\n平台玩法各不相同\n今年的“双11”早早就开始了。天猫平台的第一轮预售期由去年的10月21日0点提前4小时至10月20日晚8点，抢占“黄金时段”。\n国金证券援引淘宝直播数据称，10月20日当晚李佳琦、薇娅直播间累计交易额分别达115亿元、85亿元，累计观看量分别达2.5亿人次、2.4亿人次。\n国金证券表示，今年天猫“双11”的“种草期”持续为大促蓄水、预热。\n\n来源：国金证券\n对比各个平台玩法，今年“双11”促销周期拉长，购物津贴及商家扶持力度加大。\n据国泰君安研报，天猫平台延续两波预售方案，平台津贴由2020年的“300减40”加大至“200减30”。商家扶持层面，天猫发布10项商家扶持举措，重点聚焦补贴降费、流量扶持，在淘宝APP首页上线“直播”一级频道，为商家自播引流，同时免费提供提前回款服务补足商家现金流。\n“京东活动时间、平台津贴与天猫基本一致，其中在11月3号设置万店狂欢日，平台将通过品牌闪购、头号万店狂欢京贴等营销玩法带动全站POP商家参与。”国泰君安研报称，抖音的“双11”好物节于10月15日拉开序幕，较天猫、京东提前5天，并持续至11月11日。抖音官方着重打造好物节氛围感，促进消费者转化，并从补贴流量、价格促成交，达人撮合，短视频精准推送，技术服务费限时返等多方面扶持商家和达人。\n此外，快手的“116品质购物节”提前至10月20日开始。相较2020年，快手电商流量扶持同比翻倍，并推出“3倍商家激励基金”“6倍消费者购物福利”，此外尝试直播间加货架的双通道售卖场景。\n\n来源：国泰君安\n券商抛出宏大攻略\n每年的“双11”，化妆品是各家竞争的重头戏，这也是普通消费者最关注的类别。\n国泰君安推出了《一图看懂“双11”美妆攻略》，不仅标出了各个品牌化妆品的最优购买渠道，还对去年和今年活动力度做了详细对比。\n整体优惠力度上，国泰君安指出，离岛免税>cdf会员购>李佳琦/薇娅直播间>天猫旗舰店。其中国际品牌免税渠道在免税价格的基础上，部分产品可叠加享受7-9折优惠，因此性价比最优；天猫体系内，国际高端品牌在天猫官旗与超头直播间的售价基本一致，主要通过加赠产品加以区分；大众国际品牌与国货品牌方面，超级头部直播间的价格优惠大多优于旗舰店。\n\n来源：国泰君安\n申万宏源纺织与服装团队也制作了一份名为《化妆品双十一全渠道比价指南》的图表，对比分析了近20个品牌的主打产品在专柜、日上免税店的价格、天猫“双11”折扣情况，以及李佳琦和薇娅直播间的卖品对比价。\n\n利好消费、电商等相关板块\n如果你以为券商的建议到此为止，那可能会错过更大的“红包”。\n“双11”的到来，也将为A股相关板块带来一些投资机会。券商普遍认为促销活动有望提振消费和电商相关板块。\n光大证券表示，9月社会消费品零售总额增速高于市场预期。细分品类看，黄金珠宝环比改善明显，继续看好黄金珠宝这一品类，尤其是素金类产品在未来抗通胀预期下的销售表现。关注“双11”大促对于消费的提振作用。\n国元证券表示，此次“双11”在预热及活动周期上都是历年之最，成为品牌的年末“大考”。随着品牌线上渠道占比的提升以及天猫在大促资源上的加大，“双11”对品牌业绩影响持续提高，考验品牌的利润率水平、全盘控价能力。建议积极关注在线上运营能力强、品牌力突出以及在细分赛道中具备优势的品牌以及美妆赛道头部代运营公司等。","news_type":1},"isVote":1,"tweetType":1,"viewCount":858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850585311,"gmtCreate":1634608522191,"gmtModify":1634608870550,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850585311","repostId":"1187159620","repostType":4,"repost":{"id":"1187159620","weMediaInfo":{"introduction":"民间投资共享平台——汇集投资高手，发现投资好点子。","home_visible":1,"media_name":"阿尔法工场研究院","id":"1026500124","head_image":"https://static.tigerbbs.com/4df70e92a2d64be896797ea06b5e676a"},"pubTimestamp":1634607548,"share":"https://www.laohu8.com/m/news/1187159620?lang=&edition=full","pubTime":"2021-10-19 09:39","market":"hk","language":"zh","title":"“有钱的”花样年，如何走上了债务违约之路？","url":"https://stock-news.laohu8.com/highlight/detail?id=1187159620","media":"阿尔法工场研究院","summary":"花样年的至暗时刻，可能还没到来。\n在中国商业史上，2021年是一个很特殊的年份。许多驰骋一时的地产公司，均在这一年爆发财务危机。在若干年后，这一年，或许会被冠以“地产暴雷元年”的称号。\n在泰禾、蓝光、","content":"<p><b>花样年的至暗时刻，可能还没到来。</b></p>\n<p>在中国商业史上，2021年是一个很特殊的年份。许多驰骋一时的地产公司，均在这一年爆发财务危机。在若干年后，这一年，或许会被冠以“地产暴雷元年”的称号。</p>\n<p>在泰禾、蓝光、新力、恒大等多家房企出现违约后，又一家地产公司释放了危机信号，这家公司，即是在港股上市的地产企业：<a href=\"https://laohu8.com/S/01777\">花样年控股</a>。</p>\n<p>2021年10月4日，花样年控股公告称，公司本应在10月4日付款的2.056亿美元的票据未能如期支付，公司股票已于9月29日停牌，直至另行通知。</p>\n<p>随后，花样年实控人曾宝宝在<a href=\"https://laohu8.com/S/WB\">微博</a>发布了电影《至暗时刻》海报，似乎暗喻花样年控股迎来至暗时刻。</p>\n<p>流动性危机发生后的第四天，花样年创始人曾宝宝，向公司全体员工发了一份“宝爷家书”，解读下来，其中有几个值得注意的关键信息点：</p>\n<p>一、将公司陷入流动性危机的矛头直指标普下调评级；</p>\n<p>二、以曾宝宝为首的管理层，表达了面对公司的危机事件“决不躺平”态度；</p>\n<p>三、公司目前正与政府部门、境内外金融机构、合作伙伴磋商，以早日走出公司的资金流动性困境。</p>\n<p>文中所提的标普，于2021年9月14日，将花样年控股的评级展望由“稳定”降至“负面”，确认“B”级；9月29日，从“B”下调至“CCC”；在美元债实质性违约后，又由“CCC”下调至“SD”（选择性违约）。</p>\n<p>标普显然不是唯一降级花样年的机构，除标普外，近一个月各大评级机构纷纷下调公司信用评级。9月16日，惠誉将花样年控股的长期外币发行人违约评级从“B+”下调至“B”；逾期当天，惠誉再次下调花样年控股评级，由“B”下调至“CCC-”。</p>\n<p>9月27日，<a href=\"https://laohu8.com/S/MCO\">穆迪</a>将花样年控股企业家族评级从“B2”下调至“B3”；违约后，评级由“B3”下调至“Ca”，展望“负面”。</p>\n<p>各大机构相继下调评级，这对债偿能力本已堪忧的花样年来说，无疑是雪上加霜。对此，曾宝宝在家书中，也给出了相应的解救方案：聘请国际知名投行华利安作为财务顾问，解决公司的现金流问题。</p>\n<p>但股债两市显然不为所动，花样年控股的债券违约极大的打击了投资者的信心，也给民营地产的信用蒙上了一层阴影。</p>\n<p>这也导致花样年控股继股票停牌后，债券亦在盘中停牌。10月11日，18花样年跌幅达到22.83%、19花样02跌幅达54.19%。随后公司发布关于18花样年、19花样02，交易出现异常波动发生盘中临时停牌的公告。</p>\n<p>如果说此前恒大的违约事件是地产行业肉眼可见的“灰犀牛”，那么，花样年控股2.06亿美元票据的违约，似乎更像是事前不可预知的“黑天鹅”。</p>\n<p><b>01&nbsp;汹涌的暗流，松动的冰山</b></p>\n<p>从花样年所披露的财务数据上看，公司的暴雷事件似乎像是一场无妄之灾。</p>\n<p>半年报显示，花样年2021年上半年实现营业收入约为人民币109.52亿元，同比增长18.5%；净利润为人民币3.03亿元，同比增长9.5%；实现合同销售金额人民币281.17亿元，同比增长60.6%，各类核心业绩指标均呈现稳而向上的趋势。</p>\n<p>而在三道红线方面，花样年剔除预收款后的资产负债率为72.7%（红线要求不高于70%），净负债率为74.8%（红线要求不高于100%），现金短债比为1.59（红线要求高于1），公司仅仅踩中一条红线，为黄档企业。而值得注意的是，银行结余和现金等价物尚有271.8亿元。</p>\n<p><img src=\"https://static.tigerbbs.com/40827dd6be2ec6c4b1c20e8a149fb80a\" tg-width=\"1080\" tg-height=\"246\" referrerpolicy=\"no-referrer\"></p>\n<p>看起来，花样年显然拥有充足的账面资金，来应对此次的美元债兑付。在2021年8月份的中期业绩会上，管理层也曾表示，将通过自有资金来源偿还年内到期的美元债券。</p>\n<p>9月20日，花样年控股亦曾发布澄清公告表示，公司经营情况良好、运营资金充裕、不存在任何流动性问题。</p>\n<p>而截至2021年9月末，公司前三季度累计销售额约408.7亿元，同比增长25%，销售进度继续稳中有进。根据克而瑞《2021年1-9月·中国房地产企业销售榜TOP200》，花样年位列第65名。</p>\n<p>财务链条健康的花样年，同时也不甘于现状，2021年9月底，公司物业板块<a href=\"https://laohu8.com/S/01778\">彩生活</a>的核心资产邻里乐，作价33亿元转让给<a href=\"https://laohu8.com/S/06098\">碧桂园服务</a>，分为三期支付。在9月28日签署股权转让协议后，花样年已经拿到23亿元股权转让款，以及7亿元的临时贷款。</p>\n<p>一边拥有良好的财务资金面，一边出售核心物业资产继续为公司输血，从理论上讲，兑付2.06亿美元的到期美元债对花样年控股来说并不难。</p>\n<p>同样是丢车保帅，但花样年的现状，却和此前出售富力物业套现100亿元，成功兑付美元债的富力集团大相径庭。</p>\n<p>事实上，花样年冰山之下的汹涌暗流，与近年来的战略更替，不无关系。</p>\n<p>花样年起家于1996年的深圳，随后进军成都，展开全国化布局，2009年11月，公司在港交所主板上市，名为花样年控股。</p>\n<p>随后，在房地产行业利润率被逐渐压缩的时代，时任董事长潘军提出了“轻资产化”，涵盖金融服务、社区服务、商业管理等七项增值业务。2012年，花样年彻底由房地产开发商向社区服务商转型，进军轻资产和互联网，开始了为期五年、直至2016年的业务转型。</p>\n<p>轻资产化转型的载体，则是花样年的物业公司，此次丢车保帅事件中的弃子——彩生活（01778.HK）服务集团有限公司。</p>\n<p>2014年6月，彩生活集团赴港上市，贵为中国物业第一股，花样年的转型初见成效。2016年，花样年物业联合体以20亿元价格收购万达旗下的万达物业，达到彩生活的高光时刻。</p>\n<p>但花样年却因此错过了房地产发展的黄金时期。</p>\n<p>花样年转型的五年，亦是房地产行业发展的黄金期，不少房企凭借“高负债、高杠杆、高周转”实现了规模层级的跨越，但全力转型的花样年，其销售规模却经历了连续五年的低潮。期间销售额分别为80亿元、101.74亿元、102.14亿元、112.72亿元以及122.06亿元，始终无法实现可称道的增长。</p>\n<p>对此，潘军表示：“与同期上市的企业相比，我们确实落后了。”但此时的花样年，已然成为过河卒子，进退两难。</p>\n<p>意识到规模掉队的潘军，2017年启动第二次业务转型，重新加码房地产业务。为满足扩张需求，花样年不仅在全国各地攻城略地，还加大了合作开发的力度。</p>\n<p>“未来要调整轻重资产的战略布局，希望轻重业务比例能实现五五对开。”这是潘军对花样年的期盼。</p>\n<p>重拾房地产业务的花样年也给自己定下了千亿目标，2018-2020年三年间，分别实现300亿、500亿和1000亿的业绩。</p>\n<p>但行业环境和5年前已是今非昔比，理想丰满反衬现实骨感，三年间，公司的销售业绩仅为301.73亿元、362.1亿元、492亿元。虽然实现了同比缓增，但距离之先定下的千亿目标，相去甚远。</p>\n<p>与之相随的是，公司的美元债在资本市场总债务中，占比则逐年提升，从2017年的38.4%升至2020年的61.2%。截至2021年中期，美元债占比依然达到53%。</p>\n<p>2021年6月17日，花样年再次发布了融资计划，此次极高的融资成本引发了市场的关注。其中2024年到期的2亿美元债利率高达14.5%，用途为公司现有境外债务的再融资。</p>\n<p>借债的目的，其实并不复杂——借新还旧。与此同时，公司目前存续的12只美元债中，大多在10%上下浮动，远超行业平均7.5%的融资成本。</p>\n<p>二次转型并不成功，但花样年却因此戴上了“境外高融资成本”的帽子。美元债，也成为了此次违约事件的真凶。</p>\n<p>2021年9月，花样年控股的股价从6月初的1块钱每股，跌跌不休到了目前的0.56元每股。</p>\n<p>股价反弹无望，花样年不得不上演“弃股保债”的举措，9月3日，公司回购了150万美元债；9月7日，回购了200万美元债；自今年5月份以来，花样年已先后进行了10次回购。</p>\n<p>随着美元债违约的事件爆发，结合花样年真实的账面资金状况，我们可以对花样年美元债的违约事件，进行一次推论——账面似乎“有钱”的花样年，为何不还钱？</p>\n<p><b>02&nbsp;两种可能</b></p>\n<p>花样年选择债务违约，具有两种可能性。</p>\n<p>第一种可能，公司的确无力偿还。</p>\n<p>近年来，美元债的融资成本并不算低。伴随着此前地产五年黄金期间的转型不利，公司距离千亿俱乐部渐行渐远，花样年已然面临发债难的尴尬境地。一边是融资难，一面是增速慢，这二者致使公司的财务基本面难言乐观。</p>\n<p>而在这个过程中，公司也许存在粉饰财务报表的行为。</p>\n<p>在房地产行业，表外负债、明股实债等方法均是公司粉饰财务报表的惯用伎俩。</p>\n<p>虽然花样年相关具体行为外界无从查证，但行业内流传的一种说法是，花样年至少有担保的1.5亿美元私募债券没有在财报中披露。</p>\n<p>未披露的私募债券，意味着公司的流动性状况可能比之前预期的更糟糕。</p>\n<p>而除去账面上已知的美元债，花样年控股还有多少表外的有息债务？账面上的这 271.8亿元的现金中，又有多少是来自高息的过桥款？</p>\n<p>第二种可能，不排除此次行为是花样年基于地产大环境，主动为之的一次战术性违约事件。</p>\n<p>参考早先暴雷的泰禾，自2019年资金链彻底断裂以来，黄其森再也没有从金融机构手中借到一分钱，债务展期更是少得可怜。</p>\n<p>而泰禾50个地产项目烂尾，购房资金被转移，建设工程款未能到账。泰禾北京院子二期的那些购房者，最终等来的只是无限延期交房的黑纸白字。</p>\n<p>反观王文学的<a href=\"https://laohu8.com/S/600340\">华夏幸福</a>，在尚存一口气之时，主动寻求政府的帮助，卖出资产、带走债务、现金兑付，几乎解决了大部分债务问题。加之引入战略投资、配合政府进行的重组工作，华夏幸福的确已经有望重获<a href=\"https://laohu8.com/S/ABCD\">新生</a>。</p>\n<p>而花样年控股对这一切，显然充分借鉴了前人的经验。因此在公司山穷水尽，资金链断裂的时候提前违约，引入知名投行华利安，或者是在给自己的今后的债务重组计划留有余地。</p>\n<p>最后，从曾宝宝的个人微博上，我们也能推测出花样年现阶段资金更多的流向：用于保证现有楼盘的交付。</p>\n<p><img src=\"https://static.tigerbbs.com/a0d67b535840a127063928e31cfd2990\" tg-width=\"1080\" tg-height=\"1117\" referrerpolicy=\"no-referrer\"></p>\n<p>可以看出，在面对微博用户在评论区提出已购楼盘的交付问题时，无论是曾宝宝个人，还是花样年的项目总经理，均表示公司的楼盘会顺利交付。</p>\n<p>而对花样年来说，资金用于现有楼盘的交付，意味着一个结果——本就不真实的账面现金，事实上更多地要维持现有楼盘的交付运营，至于到期美元债的兑付，显然不是优先级最高的流向。</p>\n<p><b>03 &nbsp;是否具备倒下的可能？</b></p>\n<p>当美元债构成实质性违约，股债双杀的局面已然来临，花样年的未来将走向何方？</p>\n<p>“2021年，花样年将业绩目标定为600亿元，在2020年基础上实现22%的增长，我们有信心完成这一目标。”这是2021年3月26日，花样年集团董事会主席潘军在业绩会上的铮铮誓语。</p>\n<p>虽然距离千亿目标相去甚远，但潘军显然希望公司能够在现有基础上稳中求进。而在房地产市场不确定情况下，花样年也试图寻找市场更多的可能。</p>\n<p>在财报中，我们看到了这种可能——深耕大湾区内的城市更新。在花样年共计3843万平方米的总土储中，位于大湾区的城市更新项目规划土储达到2094万平方米，这已经成为账面上花样年在城市更新领域的优势。</p>\n<p>花样年与富力等房产巨擘对未来的规划可谓不谋而合。而这，也皆源自于政策之变。</p>\n<p>2020年11月17日，住建部根据十四五年规划和二零三五年远景目标的建议，明确提出实施城市更新行动。随后，各省、市对针对城市更新的政策如雨后春笋般接踵而至。</p>\n<p>2021年3月1日，《深圳经济特区城市更新条例》正式实施，深圳政府在推动城市更新方面的决心和力度进一步加强。</p>\n<p><img src=\"https://static.tigerbbs.com/a34996710aa32dc2f92cc7a28d01fdd5\" tg-width=\"1080\" tg-height=\"510\" referrerpolicy=\"no-referrer\"></p>\n<p>这对发家深圳的花样年来说，可谓是近水楼台先得月。而从花样年的销售区域来看，更是符合这一特点，公司常年遍布于长三角都市圈、粤港澳大湾区、成渝都市圈、以及环渤海都市圈。</p>\n<p>而目前，花样年在大湾区有50个城市更新项目处于不同发展阶段，储备总货值4671亿元，可售货值达到2829亿元。在深圳，有27个城市更新项目在推进中，储备土地面积约728万平方米，是城市更新总规划土储面积的35%，占城市更新项目规划总货值的45%。</p>\n<p>从公司的土储策略中显然能够看到，城市更新是花样年未来发力的方向。</p>\n<p>与传统的招拍挂相比，城市更新资金投入虽然较少，项目周期却明显拉长，需要考虑旧有的建筑风貌，针对性改造解决空间问题，同时引入产业盘活区域经济。</p>\n<p>正因此，一个项目需要历经5年甚至更长的转化周期，而与之相伴的，是诸多的不确定性。这要求花样年具有远超存量市场的资金运作。</p>\n<p>仅从账面分析，无论是花样年优秀的现金短债比，还是充足的现金等价物，都是公司发力城市更新最大的倚仗。</p>\n<p>但美元债违约事件的发生，致使市场对花样年资金面的顾虑，得到了真凭实据的印证。这不得不引发市场对花样年的追问与担忧——公司到底有没有钱？能否维持后续的正常运行？</p>\n<p>显然，尽快偿还到期的美元债，对于已经站在城市更新风口的花样年，是打消市场疑虑，避免危机发酵的首要任务。</p>\n<p>毕竟花样年此次美元债事件，或将引发公司未到期债券的交叉违约，亦有可能加速公司其他债务的提前偿付，而根据交叉违约相关条款，花样年还有一个月的时间纠正违约。</p>\n<p>也就是说，在2021年11月4日前，公司必须偿还这笔美元债，否则所有在海外的美元债都会立刻到期。</p>\n<p>到那时，花样年的至暗时刻才会真的降临。</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n“有钱的”花样年，如何走上了债务违约之路？\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1026500124\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/4df70e92a2d64be896797ea06b5e676a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">阿尔法工场研究院 </p>\n<p class=\"h-time\">2021-10-19 09:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>花样年的至暗时刻，可能还没到来。</b></p>\n<p>在中国商业史上，2021年是一个很特殊的年份。许多驰骋一时的地产公司，均在这一年爆发财务危机。在若干年后，这一年，或许会被冠以“地产暴雷元年”的称号。</p>\n<p>在泰禾、蓝光、新力、恒大等多家房企出现违约后，又一家地产公司释放了危机信号，这家公司，即是在港股上市的地产企业：<a href=\"https://laohu8.com/S/01777\">花样年控股</a>。</p>\n<p>2021年10月4日，花样年控股公告称，公司本应在10月4日付款的2.056亿美元的票据未能如期支付，公司股票已于9月29日停牌，直至另行通知。</p>\n<p>随后，花样年实控人曾宝宝在<a href=\"https://laohu8.com/S/WB\">微博</a>发布了电影《至暗时刻》海报，似乎暗喻花样年控股迎来至暗时刻。</p>\n<p>流动性危机发生后的第四天，花样年创始人曾宝宝，向公司全体员工发了一份“宝爷家书”，解读下来，其中有几个值得注意的关键信息点：</p>\n<p>一、将公司陷入流动性危机的矛头直指标普下调评级；</p>\n<p>二、以曾宝宝为首的管理层，表达了面对公司的危机事件“决不躺平”态度；</p>\n<p>三、公司目前正与政府部门、境内外金融机构、合作伙伴磋商，以早日走出公司的资金流动性困境。</p>\n<p>文中所提的标普，于2021年9月14日，将花样年控股的评级展望由“稳定”降至“负面”，确认“B”级；9月29日，从“B”下调至“CCC”；在美元债实质性违约后，又由“CCC”下调至“SD”（选择性违约）。</p>\n<p>标普显然不是唯一降级花样年的机构，除标普外，近一个月各大评级机构纷纷下调公司信用评级。9月16日，惠誉将花样年控股的长期外币发行人违约评级从“B+”下调至“B”；逾期当天，惠誉再次下调花样年控股评级，由“B”下调至“CCC-”。</p>\n<p>9月27日，<a href=\"https://laohu8.com/S/MCO\">穆迪</a>将花样年控股企业家族评级从“B2”下调至“B3”；违约后，评级由“B3”下调至“Ca”，展望“负面”。</p>\n<p>各大机构相继下调评级，这对债偿能力本已堪忧的花样年来说，无疑是雪上加霜。对此，曾宝宝在家书中，也给出了相应的解救方案：聘请国际知名投行华利安作为财务顾问，解决公司的现金流问题。</p>\n<p>但股债两市显然不为所动，花样年控股的债券违约极大的打击了投资者的信心，也给民营地产的信用蒙上了一层阴影。</p>\n<p>这也导致花样年控股继股票停牌后，债券亦在盘中停牌。10月11日，18花样年跌幅达到22.83%、19花样02跌幅达54.19%。随后公司发布关于18花样年、19花样02，交易出现异常波动发生盘中临时停牌的公告。</p>\n<p>如果说此前恒大的违约事件是地产行业肉眼可见的“灰犀牛”，那么，花样年控股2.06亿美元票据的违约，似乎更像是事前不可预知的“黑天鹅”。</p>\n<p><b>01&nbsp;汹涌的暗流，松动的冰山</b></p>\n<p>从花样年所披露的财务数据上看，公司的暴雷事件似乎像是一场无妄之灾。</p>\n<p>半年报显示，花样年2021年上半年实现营业收入约为人民币109.52亿元，同比增长18.5%；净利润为人民币3.03亿元，同比增长9.5%；实现合同销售金额人民币281.17亿元，同比增长60.6%，各类核心业绩指标均呈现稳而向上的趋势。</p>\n<p>而在三道红线方面，花样年剔除预收款后的资产负债率为72.7%（红线要求不高于70%），净负债率为74.8%（红线要求不高于100%），现金短债比为1.59（红线要求高于1），公司仅仅踩中一条红线，为黄档企业。而值得注意的是，银行结余和现金等价物尚有271.8亿元。</p>\n<p><img src=\"https://static.tigerbbs.com/40827dd6be2ec6c4b1c20e8a149fb80a\" tg-width=\"1080\" tg-height=\"246\" referrerpolicy=\"no-referrer\"></p>\n<p>看起来，花样年显然拥有充足的账面资金，来应对此次的美元债兑付。在2021年8月份的中期业绩会上，管理层也曾表示，将通过自有资金来源偿还年内到期的美元债券。</p>\n<p>9月20日，花样年控股亦曾发布澄清公告表示，公司经营情况良好、运营资金充裕、不存在任何流动性问题。</p>\n<p>而截至2021年9月末，公司前三季度累计销售额约408.7亿元，同比增长25%，销售进度继续稳中有进。根据克而瑞《2021年1-9月·中国房地产企业销售榜TOP200》，花样年位列第65名。</p>\n<p>财务链条健康的花样年，同时也不甘于现状，2021年9月底，公司物业板块<a href=\"https://laohu8.com/S/01778\">彩生活</a>的核心资产邻里乐，作价33亿元转让给<a href=\"https://laohu8.com/S/06098\">碧桂园服务</a>，分为三期支付。在9月28日签署股权转让协议后，花样年已经拿到23亿元股权转让款，以及7亿元的临时贷款。</p>\n<p>一边拥有良好的财务资金面，一边出售核心物业资产继续为公司输血，从理论上讲，兑付2.06亿美元的到期美元债对花样年控股来说并不难。</p>\n<p>同样是丢车保帅，但花样年的现状，却和此前出售富力物业套现100亿元，成功兑付美元债的富力集团大相径庭。</p>\n<p>事实上，花样年冰山之下的汹涌暗流，与近年来的战略更替，不无关系。</p>\n<p>花样年起家于1996年的深圳，随后进军成都，展开全国化布局，2009年11月，公司在港交所主板上市，名为花样年控股。</p>\n<p>随后，在房地产行业利润率被逐渐压缩的时代，时任董事长潘军提出了“轻资产化”，涵盖金融服务、社区服务、商业管理等七项增值业务。2012年，花样年彻底由房地产开发商向社区服务商转型，进军轻资产和互联网，开始了为期五年、直至2016年的业务转型。</p>\n<p>轻资产化转型的载体，则是花样年的物业公司，此次丢车保帅事件中的弃子——彩生活（01778.HK）服务集团有限公司。</p>\n<p>2014年6月，彩生活集团赴港上市，贵为中国物业第一股，花样年的转型初见成效。2016年，花样年物业联合体以20亿元价格收购万达旗下的万达物业，达到彩生活的高光时刻。</p>\n<p>但花样年却因此错过了房地产发展的黄金时期。</p>\n<p>花样年转型的五年，亦是房地产行业发展的黄金期，不少房企凭借“高负债、高杠杆、高周转”实现了规模层级的跨越，但全力转型的花样年，其销售规模却经历了连续五年的低潮。期间销售额分别为80亿元、101.74亿元、102.14亿元、112.72亿元以及122.06亿元，始终无法实现可称道的增长。</p>\n<p>对此，潘军表示：“与同期上市的企业相比，我们确实落后了。”但此时的花样年，已然成为过河卒子，进退两难。</p>\n<p>意识到规模掉队的潘军，2017年启动第二次业务转型，重新加码房地产业务。为满足扩张需求，花样年不仅在全国各地攻城略地，还加大了合作开发的力度。</p>\n<p>“未来要调整轻重资产的战略布局，希望轻重业务比例能实现五五对开。”这是潘军对花样年的期盼。</p>\n<p>重拾房地产业务的花样年也给自己定下了千亿目标，2018-2020年三年间，分别实现300亿、500亿和1000亿的业绩。</p>\n<p>但行业环境和5年前已是今非昔比，理想丰满反衬现实骨感，三年间，公司的销售业绩仅为301.73亿元、362.1亿元、492亿元。虽然实现了同比缓增，但距离之先定下的千亿目标，相去甚远。</p>\n<p>与之相随的是，公司的美元债在资本市场总债务中，占比则逐年提升，从2017年的38.4%升至2020年的61.2%。截至2021年中期，美元债占比依然达到53%。</p>\n<p>2021年6月17日，花样年再次发布了融资计划，此次极高的融资成本引发了市场的关注。其中2024年到期的2亿美元债利率高达14.5%，用途为公司现有境外债务的再融资。</p>\n<p>借债的目的，其实并不复杂——借新还旧。与此同时，公司目前存续的12只美元债中，大多在10%上下浮动，远超行业平均7.5%的融资成本。</p>\n<p>二次转型并不成功，但花样年却因此戴上了“境外高融资成本”的帽子。美元债，也成为了此次违约事件的真凶。</p>\n<p>2021年9月，花样年控股的股价从6月初的1块钱每股，跌跌不休到了目前的0.56元每股。</p>\n<p>股价反弹无望，花样年不得不上演“弃股保债”的举措，9月3日，公司回购了150万美元债；9月7日，回购了200万美元债；自今年5月份以来，花样年已先后进行了10次回购。</p>\n<p>随着美元债违约的事件爆发，结合花样年真实的账面资金状况，我们可以对花样年美元债的违约事件，进行一次推论——账面似乎“有钱”的花样年，为何不还钱？</p>\n<p><b>02&nbsp;两种可能</b></p>\n<p>花样年选择债务违约，具有两种可能性。</p>\n<p>第一种可能，公司的确无力偿还。</p>\n<p>近年来，美元债的融资成本并不算低。伴随着此前地产五年黄金期间的转型不利，公司距离千亿俱乐部渐行渐远，花样年已然面临发债难的尴尬境地。一边是融资难，一面是增速慢，这二者致使公司的财务基本面难言乐观。</p>\n<p>而在这个过程中，公司也许存在粉饰财务报表的行为。</p>\n<p>在房地产行业，表外负债、明股实债等方法均是公司粉饰财务报表的惯用伎俩。</p>\n<p>虽然花样年相关具体行为外界无从查证，但行业内流传的一种说法是，花样年至少有担保的1.5亿美元私募债券没有在财报中披露。</p>\n<p>未披露的私募债券，意味着公司的流动性状况可能比之前预期的更糟糕。</p>\n<p>而除去账面上已知的美元债，花样年控股还有多少表外的有息债务？账面上的这 271.8亿元的现金中，又有多少是来自高息的过桥款？</p>\n<p>第二种可能，不排除此次行为是花样年基于地产大环境，主动为之的一次战术性违约事件。</p>\n<p>参考早先暴雷的泰禾，自2019年资金链彻底断裂以来，黄其森再也没有从金融机构手中借到一分钱，债务展期更是少得可怜。</p>\n<p>而泰禾50个地产项目烂尾，购房资金被转移，建设工程款未能到账。泰禾北京院子二期的那些购房者，最终等来的只是无限延期交房的黑纸白字。</p>\n<p>反观王文学的<a href=\"https://laohu8.com/S/600340\">华夏幸福</a>，在尚存一口气之时，主动寻求政府的帮助，卖出资产、带走债务、现金兑付，几乎解决了大部分债务问题。加之引入战略投资、配合政府进行的重组工作，华夏幸福的确已经有望重获<a href=\"https://laohu8.com/S/ABCD\">新生</a>。</p>\n<p>而花样年控股对这一切，显然充分借鉴了前人的经验。因此在公司山穷水尽，资金链断裂的时候提前违约，引入知名投行华利安，或者是在给自己的今后的债务重组计划留有余地。</p>\n<p>最后，从曾宝宝的个人微博上，我们也能推测出花样年现阶段资金更多的流向：用于保证现有楼盘的交付。</p>\n<p><img src=\"https://static.tigerbbs.com/a0d67b535840a127063928e31cfd2990\" tg-width=\"1080\" tg-height=\"1117\" referrerpolicy=\"no-referrer\"></p>\n<p>可以看出，在面对微博用户在评论区提出已购楼盘的交付问题时，无论是曾宝宝个人，还是花样年的项目总经理，均表示公司的楼盘会顺利交付。</p>\n<p>而对花样年来说，资金用于现有楼盘的交付，意味着一个结果——本就不真实的账面现金，事实上更多地要维持现有楼盘的交付运营，至于到期美元债的兑付，显然不是优先级最高的流向。</p>\n<p><b>03 &nbsp;是否具备倒下的可能？</b></p>\n<p>当美元债构成实质性违约，股债双杀的局面已然来临，花样年的未来将走向何方？</p>\n<p>“2021年，花样年将业绩目标定为600亿元，在2020年基础上实现22%的增长，我们有信心完成这一目标。”这是2021年3月26日，花样年集团董事会主席潘军在业绩会上的铮铮誓语。</p>\n<p>虽然距离千亿目标相去甚远，但潘军显然希望公司能够在现有基础上稳中求进。而在房地产市场不确定情况下，花样年也试图寻找市场更多的可能。</p>\n<p>在财报中，我们看到了这种可能——深耕大湾区内的城市更新。在花样年共计3843万平方米的总土储中，位于大湾区的城市更新项目规划土储达到2094万平方米，这已经成为账面上花样年在城市更新领域的优势。</p>\n<p>花样年与富力等房产巨擘对未来的规划可谓不谋而合。而这，也皆源自于政策之变。</p>\n<p>2020年11月17日，住建部根据十四五年规划和二零三五年远景目标的建议，明确提出实施城市更新行动。随后，各省、市对针对城市更新的政策如雨后春笋般接踵而至。</p>\n<p>2021年3月1日，《深圳经济特区城市更新条例》正式实施，深圳政府在推动城市更新方面的决心和力度进一步加强。</p>\n<p><img src=\"https://static.tigerbbs.com/a34996710aa32dc2f92cc7a28d01fdd5\" tg-width=\"1080\" tg-height=\"510\" referrerpolicy=\"no-referrer\"></p>\n<p>这对发家深圳的花样年来说，可谓是近水楼台先得月。而从花样年的销售区域来看，更是符合这一特点，公司常年遍布于长三角都市圈、粤港澳大湾区、成渝都市圈、以及环渤海都市圈。</p>\n<p>而目前，花样年在大湾区有50个城市更新项目处于不同发展阶段，储备总货值4671亿元，可售货值达到2829亿元。在深圳，有27个城市更新项目在推进中，储备土地面积约728万平方米，是城市更新总规划土储面积的35%，占城市更新项目规划总货值的45%。</p>\n<p>从公司的土储策略中显然能够看到，城市更新是花样年未来发力的方向。</p>\n<p>与传统的招拍挂相比，城市更新资金投入虽然较少，项目周期却明显拉长，需要考虑旧有的建筑风貌，针对性改造解决空间问题，同时引入产业盘活区域经济。</p>\n<p>正因此，一个项目需要历经5年甚至更长的转化周期，而与之相伴的，是诸多的不确定性。这要求花样年具有远超存量市场的资金运作。</p>\n<p>仅从账面分析，无论是花样年优秀的现金短债比，还是充足的现金等价物，都是公司发力城市更新最大的倚仗。</p>\n<p>但美元债违约事件的发生，致使市场对花样年资金面的顾虑，得到了真凭实据的印证。这不得不引发市场对花样年的追问与担忧——公司到底有没有钱？能否维持后续的正常运行？</p>\n<p>显然，尽快偿还到期的美元债，对于已经站在城市更新风口的花样年，是打消市场疑虑，避免危机发酵的首要任务。</p>\n<p>毕竟花样年此次美元债事件，或将引发公司未到期债券的交叉违约，亦有可能加速公司其他债务的提前偿付，而根据交叉违约相关条款，花样年还有一个月的时间纠正违约。</p>\n<p>也就是说，在2021年11月4日前，公司必须偿还这笔美元债，否则所有在海外的美元债都会立刻到期。</p>\n<p>到那时，花样年的至暗时刻才会真的降临。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2728ea61a0b28ac6c66351b4bfdecf2f","relate_stocks":{"01777":"花样年控股"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187159620","content_text":"花样年的至暗时刻，可能还没到来。\n在中国商业史上，2021年是一个很特殊的年份。许多驰骋一时的地产公司，均在这一年爆发财务危机。在若干年后，这一年，或许会被冠以“地产暴雷元年”的称号。\n在泰禾、蓝光、新力、恒大等多家房企出现违约后，又一家地产公司释放了危机信号，这家公司，即是在港股上市的地产企业：花样年控股。\n2021年10月4日，花样年控股公告称，公司本应在10月4日付款的2.056亿美元的票据未能如期支付，公司股票已于9月29日停牌，直至另行通知。\n随后，花样年实控人曾宝宝在微博发布了电影《至暗时刻》海报，似乎暗喻花样年控股迎来至暗时刻。\n流动性危机发生后的第四天，花样年创始人曾宝宝，向公司全体员工发了一份“宝爷家书”，解读下来，其中有几个值得注意的关键信息点：\n一、将公司陷入流动性危机的矛头直指标普下调评级；\n二、以曾宝宝为首的管理层，表达了面对公司的危机事件“决不躺平”态度；\n三、公司目前正与政府部门、境内外金融机构、合作伙伴磋商，以早日走出公司的资金流动性困境。\n文中所提的标普，于2021年9月14日，将花样年控股的评级展望由“稳定”降至“负面”，确认“B”级；9月29日，从“B”下调至“CCC”；在美元债实质性违约后，又由“CCC”下调至“SD”（选择性违约）。\n标普显然不是唯一降级花样年的机构，除标普外，近一个月各大评级机构纷纷下调公司信用评级。9月16日，惠誉将花样年控股的长期外币发行人违约评级从“B+”下调至“B”；逾期当天，惠誉再次下调花样年控股评级，由“B”下调至“CCC-”。\n9月27日，穆迪将花样年控股企业家族评级从“B2”下调至“B3”；违约后，评级由“B3”下调至“Ca”，展望“负面”。\n各大机构相继下调评级，这对债偿能力本已堪忧的花样年来说，无疑是雪上加霜。对此，曾宝宝在家书中，也给出了相应的解救方案：聘请国际知名投行华利安作为财务顾问，解决公司的现金流问题。\n但股债两市显然不为所动，花样年控股的债券违约极大的打击了投资者的信心，也给民营地产的信用蒙上了一层阴影。\n这也导致花样年控股继股票停牌后，债券亦在盘中停牌。10月11日，18花样年跌幅达到22.83%、19花样02跌幅达54.19%。随后公司发布关于18花样年、19花样02，交易出现异常波动发生盘中临时停牌的公告。\n如果说此前恒大的违约事件是地产行业肉眼可见的“灰犀牛”，那么，花样年控股2.06亿美元票据的违约，似乎更像是事前不可预知的“黑天鹅”。\n01 汹涌的暗流，松动的冰山\n从花样年所披露的财务数据上看，公司的暴雷事件似乎像是一场无妄之灾。\n半年报显示，花样年2021年上半年实现营业收入约为人民币109.52亿元，同比增长18.5%；净利润为人民币3.03亿元，同比增长9.5%；实现合同销售金额人民币281.17亿元，同比增长60.6%，各类核心业绩指标均呈现稳而向上的趋势。\n而在三道红线方面，花样年剔除预收款后的资产负债率为72.7%（红线要求不高于70%），净负债率为74.8%（红线要求不高于100%），现金短债比为1.59（红线要求高于1），公司仅仅踩中一条红线，为黄档企业。而值得注意的是，银行结余和现金等价物尚有271.8亿元。\n\n看起来，花样年显然拥有充足的账面资金，来应对此次的美元债兑付。在2021年8月份的中期业绩会上，管理层也曾表示，将通过自有资金来源偿还年内到期的美元债券。\n9月20日，花样年控股亦曾发布澄清公告表示，公司经营情况良好、运营资金充裕、不存在任何流动性问题。\n而截至2021年9月末，公司前三季度累计销售额约408.7亿元，同比增长25%，销售进度继续稳中有进。根据克而瑞《2021年1-9月·中国房地产企业销售榜TOP200》，花样年位列第65名。\n财务链条健康的花样年，同时也不甘于现状，2021年9月底，公司物业板块彩生活的核心资产邻里乐，作价33亿元转让给碧桂园服务，分为三期支付。在9月28日签署股权转让协议后，花样年已经拿到23亿元股权转让款，以及7亿元的临时贷款。\n一边拥有良好的财务资金面，一边出售核心物业资产继续为公司输血，从理论上讲，兑付2.06亿美元的到期美元债对花样年控股来说并不难。\n同样是丢车保帅，但花样年的现状，却和此前出售富力物业套现100亿元，成功兑付美元债的富力集团大相径庭。\n事实上，花样年冰山之下的汹涌暗流，与近年来的战略更替，不无关系。\n花样年起家于1996年的深圳，随后进军成都，展开全国化布局，2009年11月，公司在港交所主板上市，名为花样年控股。\n随后，在房地产行业利润率被逐渐压缩的时代，时任董事长潘军提出了“轻资产化”，涵盖金融服务、社区服务、商业管理等七项增值业务。2012年，花样年彻底由房地产开发商向社区服务商转型，进军轻资产和互联网，开始了为期五年、直至2016年的业务转型。\n轻资产化转型的载体，则是花样年的物业公司，此次丢车保帅事件中的弃子——彩生活（01778.HK）服务集团有限公司。\n2014年6月，彩生活集团赴港上市，贵为中国物业第一股，花样年的转型初见成效。2016年，花样年物业联合体以20亿元价格收购万达旗下的万达物业，达到彩生活的高光时刻。\n但花样年却因此错过了房地产发展的黄金时期。\n花样年转型的五年，亦是房地产行业发展的黄金期，不少房企凭借“高负债、高杠杆、高周转”实现了规模层级的跨越，但全力转型的花样年，其销售规模却经历了连续五年的低潮。期间销售额分别为80亿元、101.74亿元、102.14亿元、112.72亿元以及122.06亿元，始终无法实现可称道的增长。\n对此，潘军表示：“与同期上市的企业相比，我们确实落后了。”但此时的花样年，已然成为过河卒子，进退两难。\n意识到规模掉队的潘军，2017年启动第二次业务转型，重新加码房地产业务。为满足扩张需求，花样年不仅在全国各地攻城略地，还加大了合作开发的力度。\n“未来要调整轻重资产的战略布局，希望轻重业务比例能实现五五对开。”这是潘军对花样年的期盼。\n重拾房地产业务的花样年也给自己定下了千亿目标，2018-2020年三年间，分别实现300亿、500亿和1000亿的业绩。\n但行业环境和5年前已是今非昔比，理想丰满反衬现实骨感，三年间，公司的销售业绩仅为301.73亿元、362.1亿元、492亿元。虽然实现了同比缓增，但距离之先定下的千亿目标，相去甚远。\n与之相随的是，公司的美元债在资本市场总债务中，占比则逐年提升，从2017年的38.4%升至2020年的61.2%。截至2021年中期，美元债占比依然达到53%。\n2021年6月17日，花样年再次发布了融资计划，此次极高的融资成本引发了市场的关注。其中2024年到期的2亿美元债利率高达14.5%，用途为公司现有境外债务的再融资。\n借债的目的，其实并不复杂——借新还旧。与此同时，公司目前存续的12只美元债中，大多在10%上下浮动，远超行业平均7.5%的融资成本。\n二次转型并不成功，但花样年却因此戴上了“境外高融资成本”的帽子。美元债，也成为了此次违约事件的真凶。\n2021年9月，花样年控股的股价从6月初的1块钱每股，跌跌不休到了目前的0.56元每股。\n股价反弹无望，花样年不得不上演“弃股保债”的举措，9月3日，公司回购了150万美元债；9月7日，回购了200万美元债；自今年5月份以来，花样年已先后进行了10次回购。\n随着美元债违约的事件爆发，结合花样年真实的账面资金状况，我们可以对花样年美元债的违约事件，进行一次推论——账面似乎“有钱”的花样年，为何不还钱？\n02 两种可能\n花样年选择债务违约，具有两种可能性。\n第一种可能，公司的确无力偿还。\n近年来，美元债的融资成本并不算低。伴随着此前地产五年黄金期间的转型不利，公司距离千亿俱乐部渐行渐远，花样年已然面临发债难的尴尬境地。一边是融资难，一面是增速慢，这二者致使公司的财务基本面难言乐观。\n而在这个过程中，公司也许存在粉饰财务报表的行为。\n在房地产行业，表外负债、明股实债等方法均是公司粉饰财务报表的惯用伎俩。\n虽然花样年相关具体行为外界无从查证，但行业内流传的一种说法是，花样年至少有担保的1.5亿美元私募债券没有在财报中披露。\n未披露的私募债券，意味着公司的流动性状况可能比之前预期的更糟糕。\n而除去账面上已知的美元债，花样年控股还有多少表外的有息债务？账面上的这 271.8亿元的现金中，又有多少是来自高息的过桥款？\n第二种可能，不排除此次行为是花样年基于地产大环境，主动为之的一次战术性违约事件。\n参考早先暴雷的泰禾，自2019年资金链彻底断裂以来，黄其森再也没有从金融机构手中借到一分钱，债务展期更是少得可怜。\n而泰禾50个地产项目烂尾，购房资金被转移，建设工程款未能到账。泰禾北京院子二期的那些购房者，最终等来的只是无限延期交房的黑纸白字。\n反观王文学的华夏幸福，在尚存一口气之时，主动寻求政府的帮助，卖出资产、带走债务、现金兑付，几乎解决了大部分债务问题。加之引入战略投资、配合政府进行的重组工作，华夏幸福的确已经有望重获新生。\n而花样年控股对这一切，显然充分借鉴了前人的经验。因此在公司山穷水尽，资金链断裂的时候提前违约，引入知名投行华利安，或者是在给自己的今后的债务重组计划留有余地。\n最后，从曾宝宝的个人微博上，我们也能推测出花样年现阶段资金更多的流向：用于保证现有楼盘的交付。\n\n可以看出，在面对微博用户在评论区提出已购楼盘的交付问题时，无论是曾宝宝个人，还是花样年的项目总经理，均表示公司的楼盘会顺利交付。\n而对花样年来说，资金用于现有楼盘的交付，意味着一个结果——本就不真实的账面现金，事实上更多地要维持现有楼盘的交付运营，至于到期美元债的兑付，显然不是优先级最高的流向。\n03  是否具备倒下的可能？\n当美元债构成实质性违约，股债双杀的局面已然来临，花样年的未来将走向何方？\n“2021年，花样年将业绩目标定为600亿元，在2020年基础上实现22%的增长，我们有信心完成这一目标。”这是2021年3月26日，花样年集团董事会主席潘军在业绩会上的铮铮誓语。\n虽然距离千亿目标相去甚远，但潘军显然希望公司能够在现有基础上稳中求进。而在房地产市场不确定情况下，花样年也试图寻找市场更多的可能。\n在财报中，我们看到了这种可能——深耕大湾区内的城市更新。在花样年共计3843万平方米的总土储中，位于大湾区的城市更新项目规划土储达到2094万平方米，这已经成为账面上花样年在城市更新领域的优势。\n花样年与富力等房产巨擘对未来的规划可谓不谋而合。而这，也皆源自于政策之变。\n2020年11月17日，住建部根据十四五年规划和二零三五年远景目标的建议，明确提出实施城市更新行动。随后，各省、市对针对城市更新的政策如雨后春笋般接踵而至。\n2021年3月1日，《深圳经济特区城市更新条例》正式实施，深圳政府在推动城市更新方面的决心和力度进一步加强。\n\n这对发家深圳的花样年来说，可谓是近水楼台先得月。而从花样年的销售区域来看，更是符合这一特点，公司常年遍布于长三角都市圈、粤港澳大湾区、成渝都市圈、以及环渤海都市圈。\n而目前，花样年在大湾区有50个城市更新项目处于不同发展阶段，储备总货值4671亿元，可售货值达到2829亿元。在深圳，有27个城市更新项目在推进中，储备土地面积约728万平方米，是城市更新总规划土储面积的35%，占城市更新项目规划总货值的45%。\n从公司的土储策略中显然能够看到，城市更新是花样年未来发力的方向。\n与传统的招拍挂相比，城市更新资金投入虽然较少，项目周期却明显拉长，需要考虑旧有的建筑风貌，针对性改造解决空间问题，同时引入产业盘活区域经济。\n正因此，一个项目需要历经5年甚至更长的转化周期，而与之相伴的，是诸多的不确定性。这要求花样年具有远超存量市场的资金运作。\n仅从账面分析，无论是花样年优秀的现金短债比，还是充足的现金等价物，都是公司发力城市更新最大的倚仗。\n但美元债违约事件的发生，致使市场对花样年资金面的顾虑，得到了真凭实据的印证。这不得不引发市场对花样年的追问与担忧——公司到底有没有钱？能否维持后续的正常运行？\n显然，尽快偿还到期的美元债，对于已经站在城市更新风口的花样年，是打消市场疑虑，避免危机发酵的首要任务。\n毕竟花样年此次美元债事件，或将引发公司未到期债券的交叉违约，亦有可能加速公司其他债务的提前偿付，而根据交叉违约相关条款，花样年还有一个月的时间纠正违约。\n也就是说，在2021年11月4日前，公司必须偿还这笔美元债，否则所有在海外的美元债都会立刻到期。\n到那时，花样年的至暗时刻才会真的降临。","news_type":1},"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850926949,"gmtCreate":1634546916354,"gmtModify":1634547287922,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"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/850926949","repostId":"1131609248","repostType":4,"repost":{"id":"1131609248","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":1634545010,"share":"https://www.laohu8.com/m/news/1131609248?lang=&edition=full","pubTime":"2021-10-18 16:16","market":"sh","language":"zh","title":"暗盘：微泰医疗-B跌近6%，此前获逾6倍认购","url":"https://stock-news.laohu8.com/highlight/detail?id=1131609248","media":"老虎资讯综合","summary":"10月18日消息，微泰医疗-B暗盘报28.7港元，较发行价跌5.9%。公司每股定价30.5港元，每手100股，将于10月19日（周二）港股上市。\n在此前的公开认购阶段，共有14,360人申购微泰医","content":"<p><b>10月18日消息，<a href=\"https://laohu8.com/S/02235\">微泰医疗-B</a>暗盘报28.7港元，较发行价跌5.9%。公司每股定价30.5港元，每手100股，将于10月19日（周二）港股上市。</b></p>\n<p>在此前的公开认购阶段，共有14,360人申购微泰医疗，中签人数12,618人，一手中签率80.1%，认购倍数6.79倍。老虎资讯整理相关数据如下表：<img src=\"https://static.tigerbbs.com/ea43f672d140b5e5364a2ebd6e36f101\" tg-width=\"775\" tg-height=\"657\" referrerpolicy=\"no-referrer\"></p>\n<p><b>分配结果：</b></p>\n<p>甲组每手100股，一手中签率80.01%，认购2手稳中一手。</p>\n<p>乙组头为2000手（20万股），获配236手（23600股）。<img src=\"https://static.tigerbbs.com/c4bcc1828d8586b1302bc45368ac7730\" tg-width=\"870\" tg-height=\"1355\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/7d9b43f75d25068cdc3882114e42ed17\" tg-width=\"889\" tg-height=\"430\" referrerpolicy=\"no-referrer\">公司拟将自全球发售所得款项净额约18.151亿港元(假设超额配售权未获行使)用于以下用途：约31%分配予核心产品；35%将分配予持续血糖监测系统；11%将分配至第二代贴敷式胰岛素泵系统的临床前研究、临床试验、注册、生产及商业化；8%将分配至其他产品及在研产品的临床前研究、临床试验、注册、生产及商业化；5%将用于为建立基于云端大数据的糖尿病管理平台提供资金；及10%将分配用于营运资金及其他一般公司用途。</p>\n<p>微泰医疗成立于2011年，专注于糖尿病管理，提供糖尿病治疗及糖尿病监测医疗器械，以在中国和全球范围内优化糖尿病的管理方式。</p>\n<p>公司核心产品Equil贴敷式胰岛素泵系统（「Equil」）是半抛式贴敷式胰岛素泵，于2017年6月在欧洲获得CE标志，并于2017年9月在中国获得国家药监局的成人使用上市批准。Equil于中国被归类为第三类医疗器械。2018年，公司开始在中国和欧洲进行Equil的商业化。除Equil之外，公司也已商业化了血糖监测系统及持续血糖监测系统产品。</p>\n<p><img src=\"https://static.tigerbbs.com/b35e891ba1674110900ed3106846d1d5\" tg-width=\"1080\" tg-height=\"453\" referrerpolicy=\"no-referrer\">根据灼识报告，截至最后实际可行日期，<b>Equil是全球第二款商业化的半抛式贴敷式胰岛素泵，也是唯一一款在中国获批的贴敷式胰岛素泵</b>，与传统的管路式胰岛素泵相比，其便携性和方便性大幅提高。2020年，Equil占中国胰岛素泵市场的3%。</p>\n<p>值得注意的是，公司的股东包括启明创投、LAV礼来、浙江九仁资本、腾讯等知名投资机构。</p>\n<p>财务数据方面，于2019年、2020年，公司分别录得收入为5186.3万元、7527.7万元；同期录得净亏损7861.4万元、1.21亿元；于2021年前四个月，公司获得营收3885.1万元，净亏损258.1万元。<img src=\"https://static.tigerbbs.com/2e2a2fd070425da4e388fcaa64f4383c\" tg-width=\"712\" tg-height=\"442\" referrerpolicy=\"no-referrer\">行业方面，糖尿病是全球患病率极高的慢性病之一，由于缺少更有效的胰岛素输送及血糖监测技术，糖病管理通常效果不佳。根据灼识报告，全球糖尿病的患病人数于2019年为486.9百万人，预于2030年将达到607.6百万人。其中中国糖尿病的患病人数于2019年为118.8百万人，预计于2030年将达到143.2百万人。</p>\n<p>鉴于胰岛素泵的众多优点，其在糖尿病治疗中的应用越来越广泛，在糖尿病治疗医疗器械中的市场份额也有所增加。中国胰岛素泵的市场规模由2015年的58.1百万美元增至2020年的125.4百万美元，期间年复合增长率为16.6%，预计于2030年将进一步增加至1,019.7百万美元，2020年至2030年的年复合增长率为23.3%。</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>暗盘：微泰医疗-B跌近6%，此前获逾6倍认购</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暗盘：微泰医疗-B跌近6%，此前获逾6倍认购\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\">2021-10-18 16:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>10月18日消息，<a href=\"https://laohu8.com/S/02235\">微泰医疗-B</a>暗盘报28.7港元，较发行价跌5.9%。公司每股定价30.5港元，每手100股，将于10月19日（周二）港股上市。</b></p>\n<p>在此前的公开认购阶段，共有14,360人申购微泰医疗，中签人数12,618人，一手中签率80.1%，认购倍数6.79倍。老虎资讯整理相关数据如下表：<img src=\"https://static.tigerbbs.com/ea43f672d140b5e5364a2ebd6e36f101\" tg-width=\"775\" tg-height=\"657\" referrerpolicy=\"no-referrer\"></p>\n<p><b>分配结果：</b></p>\n<p>甲组每手100股，一手中签率80.01%，认购2手稳中一手。</p>\n<p>乙组头为2000手（20万股），获配236手（23600股）。<img src=\"https://static.tigerbbs.com/c4bcc1828d8586b1302bc45368ac7730\" tg-width=\"870\" tg-height=\"1355\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/7d9b43f75d25068cdc3882114e42ed17\" tg-width=\"889\" tg-height=\"430\" referrerpolicy=\"no-referrer\">公司拟将自全球发售所得款项净额约18.151亿港元(假设超额配售权未获行使)用于以下用途：约31%分配予核心产品；35%将分配予持续血糖监测系统；11%将分配至第二代贴敷式胰岛素泵系统的临床前研究、临床试验、注册、生产及商业化；8%将分配至其他产品及在研产品的临床前研究、临床试验、注册、生产及商业化；5%将用于为建立基于云端大数据的糖尿病管理平台提供资金；及10%将分配用于营运资金及其他一般公司用途。</p>\n<p>微泰医疗成立于2011年，专注于糖尿病管理，提供糖尿病治疗及糖尿病监测医疗器械，以在中国和全球范围内优化糖尿病的管理方式。</p>\n<p>公司核心产品Equil贴敷式胰岛素泵系统（「Equil」）是半抛式贴敷式胰岛素泵，于2017年6月在欧洲获得CE标志，并于2017年9月在中国获得国家药监局的成人使用上市批准。Equil于中国被归类为第三类医疗器械。2018年，公司开始在中国和欧洲进行Equil的商业化。除Equil之外，公司也已商业化了血糖监测系统及持续血糖监测系统产品。</p>\n<p><img src=\"https://static.tigerbbs.com/b35e891ba1674110900ed3106846d1d5\" tg-width=\"1080\" tg-height=\"453\" referrerpolicy=\"no-referrer\">根据灼识报告，截至最后实际可行日期，<b>Equil是全球第二款商业化的半抛式贴敷式胰岛素泵，也是唯一一款在中国获批的贴敷式胰岛素泵</b>，与传统的管路式胰岛素泵相比，其便携性和方便性大幅提高。2020年，Equil占中国胰岛素泵市场的3%。</p>\n<p>值得注意的是，公司的股东包括启明创投、LAV礼来、浙江九仁资本、腾讯等知名投资机构。</p>\n<p>财务数据方面，于2019年、2020年，公司分别录得收入为5186.3万元、7527.7万元；同期录得净亏损7861.4万元、1.21亿元；于2021年前四个月，公司获得营收3885.1万元，净亏损258.1万元。<img src=\"https://static.tigerbbs.com/2e2a2fd070425da4e388fcaa64f4383c\" tg-width=\"712\" tg-height=\"442\" referrerpolicy=\"no-referrer\">行业方面，糖尿病是全球患病率极高的慢性病之一，由于缺少更有效的胰岛素输送及血糖监测技术，糖病管理通常效果不佳。根据灼识报告，全球糖尿病的患病人数于2019年为486.9百万人，预于2030年将达到607.6百万人。其中中国糖尿病的患病人数于2019年为118.8百万人，预计于2030年将达到143.2百万人。</p>\n<p>鉴于胰岛素泵的众多优点，其在糖尿病治疗中的应用越来越广泛，在糖尿病治疗医疗器械中的市场份额也有所增加。中国胰岛素泵的市场规模由2015年的58.1百万美元增至2020年的125.4百万美元，期间年复合增长率为16.6%，预计于2030年将进一步增加至1,019.7百万美元，2020年至2030年的年复合增长率为23.3%。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/060ad0458b052bd2b9e3c7afae3df1f5","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131609248","content_text":"10月18日消息，微泰医疗-B暗盘报28.7港元，较发行价跌5.9%。公司每股定价30.5港元，每手100股，将于10月19日（周二）港股上市。\n在此前的公开认购阶段，共有14,360人申购微泰医疗，中签人数12,618人，一手中签率80.1%，认购倍数6.79倍。老虎资讯整理相关数据如下表：\n分配结果：\n甲组每手100股，一手中签率80.01%，认购2手稳中一手。\n乙组头为2000手（20万股），获配236手（23600股）。\n公司拟将自全球发售所得款项净额约18.151亿港元(假设超额配售权未获行使)用于以下用途：约31%分配予核心产品；35%将分配予持续血糖监测系统；11%将分配至第二代贴敷式胰岛素泵系统的临床前研究、临床试验、注册、生产及商业化；8%将分配至其他产品及在研产品的临床前研究、临床试验、注册、生产及商业化；5%将用于为建立基于云端大数据的糖尿病管理平台提供资金；及10%将分配用于营运资金及其他一般公司用途。\n微泰医疗成立于2011年，专注于糖尿病管理，提供糖尿病治疗及糖尿病监测医疗器械，以在中国和全球范围内优化糖尿病的管理方式。\n公司核心产品Equil贴敷式胰岛素泵系统（「Equil」）是半抛式贴敷式胰岛素泵，于2017年6月在欧洲获得CE标志，并于2017年9月在中国获得国家药监局的成人使用上市批准。Equil于中国被归类为第三类医疗器械。2018年，公司开始在中国和欧洲进行Equil的商业化。除Equil之外，公司也已商业化了血糖监测系统及持续血糖监测系统产品。\n根据灼识报告，截至最后实际可行日期，Equil是全球第二款商业化的半抛式贴敷式胰岛素泵，也是唯一一款在中国获批的贴敷式胰岛素泵，与传统的管路式胰岛素泵相比，其便携性和方便性大幅提高。2020年，Equil占中国胰岛素泵市场的3%。\n值得注意的是，公司的股东包括启明创投、LAV礼来、浙江九仁资本、腾讯等知名投资机构。\n财务数据方面，于2019年、2020年，公司分别录得收入为5186.3万元、7527.7万元；同期录得净亏损7861.4万元、1.21亿元；于2021年前四个月，公司获得营收3885.1万元，净亏损258.1万元。行业方面，糖尿病是全球患病率极高的慢性病之一，由于缺少更有效的胰岛素输送及血糖监测技术，糖病管理通常效果不佳。根据灼识报告，全球糖尿病的患病人数于2019年为486.9百万人，预于2030年将达到607.6百万人。其中中国糖尿病的患病人数于2019年为118.8百万人，预计于2030年将达到143.2百万人。\n鉴于胰岛素泵的众多优点，其在糖尿病治疗中的应用越来越广泛，在糖尿病治疗医疗器械中的市场份额也有所增加。中国胰岛素泵的市场规模由2015年的58.1百万美元增至2020年的125.4百万美元，期间年复合增长率为16.6%，预计于2030年将进一步增加至1,019.7百万美元，2020年至2030年的年复合增长率为23.3%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":827156704,"gmtCreate":1634435927225,"gmtModify":1634435927427,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/827156704","repostId":"2175445941","repostType":4,"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824428938,"gmtCreate":1634348175191,"gmtModify":1634348176854,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Going going","listText":"Going going","text":"Going going","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824428938","repostId":"2175146556","repostType":4,"isVote":1,"tweetType":1,"viewCount":765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822393789,"gmtCreate":1634089334803,"gmtModify":1634089335006,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/822393789","repostId":"1130164909","repostType":4,"repost":{"id":"1130164909","pubTimestamp":1634088770,"share":"https://www.laohu8.com/m/news/1130164909?lang=&edition=full","pubTime":"2021-10-13 09:32","market":"hk","language":"zh","title":"李书福会步董明珠的后尘吗？","url":"https://stock-news.laohu8.com/highlight/detail?id=1130164909","media":"市值榜","summary":"吉利汽车的创始人李书福有个外号叫“汽车疯子”。\n1997年他说“轿车是什么？不就是四个轮子、一个方向盘、一个发动机、一个车壳、里面两个沙发吗？”也因为这番言论被外界耻笑。\n到后来，他主导了吉利对沃尔沃","content":"<p><a href=\"https://laohu8.com/S/00175\">吉利汽车</a>的创始人李书福有个外号叫“汽车疯子”。</p>\n<p>1997年他说“轿车是什么？不就是四个轮子、一个方向盘、一个发动机、一个车壳、里面两个沙发吗？”也因为这番言论被外界耻笑。</p>\n<p>到后来，他主导了吉利对沃尔沃的收购后，人们开始正视他。他大手笔“买买买”，让吉利变成了一头巨兽。</p>\n<p>现在，李书福不仅仅想造车，他还决定杀入手机市场。</p>\n<p>9月底，李书福持股55%的湖北星纪时代科技有限公司，与武汉经济技术开发区签署战略合作协议，正式宣布进军手机领域。</p>\n<p>上一个大张旗鼓跨界造手机的是格力的董明珠，格力在2013年宣布做手机，2015年推出第一代产品时，董明珠曾称格力的手机要销售1亿部。</p>\n<p>时隔多年，董明珠的手机梦并未实现，格力手机甚至未在市场上掀起任何水花。</p>\n<p>考验来到了李书福这里。</p>\n<p><b>01、</b><b>野心：战略意义大于实际意义</b></p>\n<p>无论从时机还是市场现状来看，吉利下场做手机都不像一个聪明的选择。</p>\n<p>吉利所处的汽车产业，正处于大变革周期，小米、OPPO等主流手机厂商，正摩拳擦掌进入新能源汽车领域。</p>\n<p>自身主业涌进越来越多的对手，一般的逻辑应该是积极备战，避免被对手赶超，但李书福却在这个时候玩起了反向跨界，他打的什么主意？</p>\n<p>对做手机这件事，李书福的解释是：“手机是快速迭代的随身移动终端，是电子产品市场验证及软件创新的应用载体，既能让用户尽快分享创新成果，又能把安全、可靠的一部分成果转移到汽车中应用，实现车机和手机软件技术的紧密互动。”</p>\n<p>他还认为，未来跨界将打造用户生态链、依法构建企业护城河已成大趋势，手机可以连接车联网、卫星互联网、打造丰富的消费场景，做强生态圈，为用户提供更便捷、更<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>化、万物互联的多屏互动生活体验。</p>\n<p><b>翻译过来就是两点：一是李书福自信吉利的技术水平有能力做好手机；二是他要围绕手机和汽车，打造一个多屏互动生态。</b></p>\n<p>要进一步理解李书福的手机布局，需要对吉利当下的处境做一个简单分析。</p>\n<p><img src=\"https://static.tigerbbs.com/69d6b2dd331dbe2f8ff7bbb43fcf7de6\" tg-width=\"830\" tg-height=\"582\" referrerpolicy=\"no-referrer\"></p>\n<p>如上图所示，2018年至2020年，吉利集团营收呈现下滑趋势，净利润也在持续降低，主业进入增长瓶颈期。</p>\n<p>也是从2018年开始，吉利集团开始谋求转型。李书福在一次采访中提出，吉利将向全球创新型科技企业转型，转型的重点，正是加速从传统燃油汽车向新能源汽车迁移。</p>\n<p>但吉利的转向进度缓慢，至少目前看来，它正面临着几个难题：</p>\n<p><b>1、纯电造车路线上，品牌够多，但销量不及预期。</b></p>\n<p>当前，在吉利汽车旗下，几何汽车、Polestar极星、smart、极氪科技是纯电品牌，沃尔沃也将电气化转型当做重点战略。</p>\n<p>今年1月，吉利汽车的总销量为15.6万辆，其中新能源汽车销量为0.42万辆，占比不足3%；再到6月份，10.01万辆的销量中，只有7500辆为新能源和电气化汽车。</p>\n<p>从目前来看，吉利当前的多品牌战略也还未奏效。至少这与李书福的期望大相径庭——2015年吉利发布“蓝色吉利行动”，提出到2020年，新能源汽车销量占吉利整体销量90%的目标。</p>\n<p><b>2、与传统的BBA一样，吉利在转型中面临着在电动车领域“血统”不正的难题。</b></p>\n<p>当前市场上主流的新能源汽车产品，无论是<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>还是“蔚小理”，他们从一开始打的就是新能源汽车的旗号，这种从一开始就建立的品牌印记，是它们的一个优势。</p>\n<p><b>3、李书福在推动吉利向纯电转型的同时，也在推动吉利集团的全球化布局，进展依然不顺。</b></p>\n<p>去年李书福曾想将沃尔沃与吉利汽车合并，并在瑞典及香港上市，有消息称，这主要有两个驱动，一是为激烈品牌提供全球扩张的机遇，二是让沃尔沃汽车无需单独进行首次公开发行就能进入公开市场。</p>\n<p>但这个计划当前已经终止，目前吉利正在推动沃尔沃在斯德哥尔摩纳斯达克的IPO。</p>\n<p>这样来看，吉利当前切入智能手机市场，是在其主营业务出现瓶颈的情况下推动的，但单从业务侧来看，手机市场显然不是一个好的选择。</p>\n<p>李书福早前向媒体透露，“我们正试图建立一个类似安卓系统的汽车生态系统。”由此来看，<b>吉利下场造手机，战略意义大于实际意义。</b></p>\n<p>有观点认为，智能手机、智能汽车是物联网时代最重要的两大智能终端，对于巨头来说，将移动场景和出行场景打通，可以建立更强大的技术和生态壁垒。</p>\n<p><b>02、</b><b>比董明珠更有机会？</b></p>\n<p>李书福想将移动场景和出行场景打通，与当时董明珠的做法如出一辙，后者想将移动场景和家居场景打通。</p>\n<p>格力长期以来都是一家以空调研、产、销为主业的公司，在2012年，董明珠成为了格力集团新的掌舵者，她开始谋求格力的多元化转型。</p>\n<p><b>董明珠为格力选的一条路便是手机。</b></p>\n<p>2015年，董明珠在一场演讲中称，“<a href=\"https://laohu8.com/S/000651\">格力电器</a>进军手机市场，我是一个不同的手机，我是一个智能物联手机，这就是我的竞争力。”她说，格力手机可以远程监控家里的安防，可以把所有的电器远程遥控、指挥，还可以在上面买格力的电器产品。</p>\n<p>理想很丰满，现实很骨感。</p>\n<p>2016年，董明珠声称格力手机2代是一款“比iPhone 6s还要好”的产品，据媒体报道，<b>这款手机格力一共生产了30万台，在公开渠道仅卖出去1万台。</b></p>\n<p>显然，格力过往在手机上的跨界，是失败了。</p>\n<p>直到现在，董明珠做手机的心思仍然没有放下。今年早些时候，董明珠挖来了原ZEALER创始人王自如。</p>\n<p>上演过奇迹般的“蛇吞象”的李书福，他的跨界，会比董明珠更有机会成功吗？他的手机+出行的生态故事，能够讲好吗？</p>\n<p><img src=\"https://static.tigerbbs.com/ee069b9db9b121482f3c81d492710a29\" tg-width=\"1080\" tg-height=\"630\" referrerpolicy=\"no-referrer\"></p>\n<p>这是一条不好走的路。</p>\n<p><b>第一，手机市场很可能容不下另一个玩家了，这是由当前的市场格局所决定的。</b></p>\n<p><img src=\"https://static.tigerbbs.com/c40a75af489b6994fb6c77a413cb1ee2\" tg-width=\"1080\" tg-height=\"528\" referrerpolicy=\"no-referrer\"></p>\n<p>Counterpoint Research最新数据显示，6月份在全球智能手机市场，小米、<a href=\"https://laohu8.com/S/SMSN.UK\">三星</a>、<a href=\"https://laohu8.com/S/AAPL\">苹果</a>分列三甲，他们的市场份额分别为17.1%、15.7%、14.3%，合计占据近一半份额。其他的智能手机厂商，包括荣耀、oppo、vivo等品牌，也在不断加大布局，想占领更大的市场空间。</p>\n<p>智能手机市场发展至今，早已进入存量争夺阶段，且<b>呈现出较为明显的头部效应</b>。吉利想要打破这个相对平衡，难上加难。</p>\n<p>当下手机产品也早已进入“挤牙膏”时代，这导致，依托产品创新抢占存量市场的路径，实际上也被封死了。</p>\n<p>即便吉利能成功造出手机，即便产品亮眼，消费者愿不愿意放弃已有的品牌选择偏好，选择相信一个全新高端品牌？而且这个品牌的汽车产品过往偏低端？</p>\n<p>这个不确定性，成了吉利造手机的命门之一。</p>\n<p><b>第二，李书福想讲一个“移动场景+出行场景”的故事，这个故事并不新鲜，那些从手机行业跨界造车的企业，更容易讲好这个故事，这是由双方的路径差异决定的。</b></p>\n<p>一方面，当前新能源汽车市场是蓝海，手机行业是红海。苹果、小米、OPPO、vivo等手机企业已经将造车提上了日程，他们是从红海往蓝海走，这是一条更加顺其自然的路，吉利则是反向为之。</p>\n<p>另一方面，市值榜此前在《马斯克正在蓄谋一场大规模价格战》中，曾对传统的造车逻辑及新能源造车的逻辑进行过详细分析，<b>当前的新能源汽车产品，事实上是基于互联网思维被打造出来的。</b></p>\n<p>在这一前提下，几乎穿越了整个移动互联网周期的手机企业们，他们更具备互联网基因，也深谙互联网的核心打法，而无论是在打造车、机生态，还是产品理念、渠道创新、营销手段上，他们都更加得心应手。</p>\n<p>这很可能成为吉利的第二个命门，即它在互联网基因上的欠缺，很可能在愈演愈烈的新能源汽车战事中被无限放大。</p>\n<p><b>03、</b><b>为什么跨界做手机大多都失败了？</b></p>\n<p>跨界做手机，不止李书福、董明珠有这样的想法，在过往，很多跨界进入手机市场的玩家，他们几乎全都以失败而告终。</p>\n<p><b>这些曾经满怀信心、最终败给现实的企业名录里，有<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>、联想、海信、乐视、360、国美等等。</b></p>\n<p>他们之中，有的是制造业传统豪强，有的是互联网名企，有的是零售商，他们与手机的关系或远或近。他们的跨界，有的是主业遇到瓶颈想侧面突围，有的是主业务还行但想更好，有的则是想提前布局某个生态。</p>\n<p>他们失败的原因也是多样的，比如资金断裂、决策失误、产品不能打等。</p>\n<p><b>但最核心的一个原因在于，他们从一开始，或许就低估了做好手机的难度。</b></p>\n<p>一款手机要在市场上取得成功，向上，考验的是企业的研发能力、资金实力，以及团队对用户需求、市场风向的洞察；向下，考验的是企业的渠道能力、营销能力，以及对用户心智的影响力。</p>\n<p>在走向量产的过程中，企业是否能在供应链上不落后乃至掌握话语权，也是胜负的关键手。</p>\n<p><img src=\"https://static.tigerbbs.com/cf6ccde37771a67effcbf9320f24fb83\" tg-width=\"1080\" tg-height=\"479\" referrerpolicy=\"no-referrer\"></p>\n<p>比如，乐视手机曾劲头十足，最终败给了资金；联想手机则是陷入了利润短视，致使创新能力缺乏；亚马逊倒是舍得花钱也有钱，但Fire Phone是一款屈从于贝索斯个人喜好的产品，它的失败，根源上是对手机市场的趋势错判造成的。</p>\n<p>至于供应链，那是一场更加血腥的战争，即便是市场占比相对稳固的老玩家也不敢掉以轻心，小米、魅族都是前车之鉴。</p>\n<p>这是一个极其庞大的，包括人才、资金、资源在内的等众多因素相互叠加的实力的大测验，任意一环有所欠缺，都可能导致最终的失败。</p>\n<p><b>在这个行业，木桶效应体现得尤为明显，叠加产品迭代速度快这一特点，留给跨界玩家的试错空间几乎被压缩到最低。</b></p>\n<p>进一步看，对身处这个行业的所有玩家而言，要想长期具备市场竞争力，考验的其实是它们的“机构的能力”。</p>\n<p>克莱顿·克里斯坦森在《创新者的窘境》一书中提到，机构的能力往往受到三类因素的影响：资源、流程以及价值观。</p>\n<p>这三大因素实际上是一个“获得资源——价值创造——拓宽上限”的路径。</p>\n<p>在当前的主流玩家中，苹果将以上三种能力发挥到了极致。它把控着手机产业链绝对的话语权、早在乔布斯时代，他就以其强势的个人作风奠定了内部的管理风格，他为苹果选中了绝佳的守成者蒂姆·库克、而苹果对于产品的价值观，也让它成为了行业最伟大的玩家。</p>\n<p>李书福跨界造手机，实际上选了一条极其艰难的路，这条路上早已踩满了脚印，遗憾的是，几乎没有人走到终点。</p>","source":"lsy1626663456733","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>李书福会步董明珠的后尘吗？</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李书福会步董明珠的后尘吗？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-13 09:32 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/niXz-p6mtowVUo6fIOWNhw><strong>市值榜</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>吉利汽车的创始人李书福有个外号叫“汽车疯子”。\n1997年他说“轿车是什么？不就是四个轮子、一个方向盘、一个发动机、一个车壳、里面两个沙发吗？”也因为这番言论被外界耻笑。\n到后来，他主导了吉利对沃尔沃的收购后，人们开始正视他。他大手笔“买买买”，让吉利变成了一头巨兽。\n现在，李书福不仅仅想造车，他还决定杀入手机市场。\n9月底，李书福持股55%的湖北星纪时代科技有限公司，与武汉经济技术开发区签署战略...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/niXz-p6mtowVUo6fIOWNhw\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3bb12ae9fd2b952cdad901fc6357d938","relate_stocks":{"00175":"吉利汽车"},"source_url":"https://mp.weixin.qq.com/s/niXz-p6mtowVUo6fIOWNhw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130164909","content_text":"吉利汽车的创始人李书福有个外号叫“汽车疯子”。\n1997年他说“轿车是什么？不就是四个轮子、一个方向盘、一个发动机、一个车壳、里面两个沙发吗？”也因为这番言论被外界耻笑。\n到后来，他主导了吉利对沃尔沃的收购后，人们开始正视他。他大手笔“买买买”，让吉利变成了一头巨兽。\n现在，李书福不仅仅想造车，他还决定杀入手机市场。\n9月底，李书福持股55%的湖北星纪时代科技有限公司，与武汉经济技术开发区签署战略合作协议，正式宣布进军手机领域。\n上一个大张旗鼓跨界造手机的是格力的董明珠，格力在2013年宣布做手机，2015年推出第一代产品时，董明珠曾称格力的手机要销售1亿部。\n时隔多年，董明珠的手机梦并未实现，格力手机甚至未在市场上掀起任何水花。\n考验来到了李书福这里。\n01、野心：战略意义大于实际意义\n无论从时机还是市场现状来看，吉利下场做手机都不像一个聪明的选择。\n吉利所处的汽车产业，正处于大变革周期，小米、OPPO等主流手机厂商，正摩拳擦掌进入新能源汽车领域。\n自身主业涌进越来越多的对手，一般的逻辑应该是积极备战，避免被对手赶超，但李书福却在这个时候玩起了反向跨界，他打的什么主意？\n对做手机这件事，李书福的解释是：“手机是快速迭代的随身移动终端，是电子产品市场验证及软件创新的应用载体，既能让用户尽快分享创新成果，又能把安全、可靠的一部分成果转移到汽车中应用，实现车机和手机软件技术的紧密互动。”\n他还认为，未来跨界将打造用户生态链、依法构建企业护城河已成大趋势，手机可以连接车联网、卫星互联网、打造丰富的消费场景，做强生态圈，为用户提供更便捷、更智能化、万物互联的多屏互动生活体验。\n翻译过来就是两点：一是李书福自信吉利的技术水平有能力做好手机；二是他要围绕手机和汽车，打造一个多屏互动生态。\n要进一步理解李书福的手机布局，需要对吉利当下的处境做一个简单分析。\n\n如上图所示，2018年至2020年，吉利集团营收呈现下滑趋势，净利润也在持续降低，主业进入增长瓶颈期。\n也是从2018年开始，吉利集团开始谋求转型。李书福在一次采访中提出，吉利将向全球创新型科技企业转型，转型的重点，正是加速从传统燃油汽车向新能源汽车迁移。\n但吉利的转向进度缓慢，至少目前看来，它正面临着几个难题：\n1、纯电造车路线上，品牌够多，但销量不及预期。\n当前，在吉利汽车旗下，几何汽车、Polestar极星、smart、极氪科技是纯电品牌，沃尔沃也将电气化转型当做重点战略。\n今年1月，吉利汽车的总销量为15.6万辆，其中新能源汽车销量为0.42万辆，占比不足3%；再到6月份，10.01万辆的销量中，只有7500辆为新能源和电气化汽车。\n从目前来看，吉利当前的多品牌战略也还未奏效。至少这与李书福的期望大相径庭——2015年吉利发布“蓝色吉利行动”，提出到2020年，新能源汽车销量占吉利整体销量90%的目标。\n2、与传统的BBA一样，吉利在转型中面临着在电动车领域“血统”不正的难题。\n当前市场上主流的新能源汽车产品，无论是特斯拉还是“蔚小理”，他们从一开始打的就是新能源汽车的旗号，这种从一开始就建立的品牌印记，是它们的一个优势。\n3、李书福在推动吉利向纯电转型的同时，也在推动吉利集团的全球化布局，进展依然不顺。\n去年李书福曾想将沃尔沃与吉利汽车合并，并在瑞典及香港上市，有消息称，这主要有两个驱动，一是为激烈品牌提供全球扩张的机遇，二是让沃尔沃汽车无需单独进行首次公开发行就能进入公开市场。\n但这个计划当前已经终止，目前吉利正在推动沃尔沃在斯德哥尔摩纳斯达克的IPO。\n这样来看，吉利当前切入智能手机市场，是在其主营业务出现瓶颈的情况下推动的，但单从业务侧来看，手机市场显然不是一个好的选择。\n李书福早前向媒体透露，“我们正试图建立一个类似安卓系统的汽车生态系统。”由此来看，吉利下场造手机，战略意义大于实际意义。\n有观点认为，智能手机、智能汽车是物联网时代最重要的两大智能终端，对于巨头来说，将移动场景和出行场景打通，可以建立更强大的技术和生态壁垒。\n02、比董明珠更有机会？\n李书福想将移动场景和出行场景打通，与当时董明珠的做法如出一辙，后者想将移动场景和家居场景打通。\n格力长期以来都是一家以空调研、产、销为主业的公司，在2012年，董明珠成为了格力集团新的掌舵者，她开始谋求格力的多元化转型。\n董明珠为格力选的一条路便是手机。\n2015年，董明珠在一场演讲中称，“格力电器进军手机市场，我是一个不同的手机，我是一个智能物联手机，这就是我的竞争力。”她说，格力手机可以远程监控家里的安防，可以把所有的电器远程遥控、指挥，还可以在上面买格力的电器产品。\n理想很丰满，现实很骨感。\n2016年，董明珠声称格力手机2代是一款“比iPhone 6s还要好”的产品，据媒体报道，这款手机格力一共生产了30万台，在公开渠道仅卖出去1万台。\n显然，格力过往在手机上的跨界，是失败了。\n直到现在，董明珠做手机的心思仍然没有放下。今年早些时候，董明珠挖来了原ZEALER创始人王自如。\n上演过奇迹般的“蛇吞象”的李书福，他的跨界，会比董明珠更有机会成功吗？他的手机+出行的生态故事，能够讲好吗？\n\n这是一条不好走的路。\n第一，手机市场很可能容不下另一个玩家了，这是由当前的市场格局所决定的。\n\nCounterpoint Research最新数据显示，6月份在全球智能手机市场，小米、三星、苹果分列三甲，他们的市场份额分别为17.1%、15.7%、14.3%，合计占据近一半份额。其他的智能手机厂商，包括荣耀、oppo、vivo等品牌，也在不断加大布局，想占领更大的市场空间。\n智能手机市场发展至今，早已进入存量争夺阶段，且呈现出较为明显的头部效应。吉利想要打破这个相对平衡，难上加难。\n当下手机产品也早已进入“挤牙膏”时代，这导致，依托产品创新抢占存量市场的路径，实际上也被封死了。\n即便吉利能成功造出手机，即便产品亮眼，消费者愿不愿意放弃已有的品牌选择偏好，选择相信一个全新高端品牌？而且这个品牌的汽车产品过往偏低端？\n这个不确定性，成了吉利造手机的命门之一。\n第二，李书福想讲一个“移动场景+出行场景”的故事，这个故事并不新鲜，那些从手机行业跨界造车的企业，更容易讲好这个故事，这是由双方的路径差异决定的。\n一方面，当前新能源汽车市场是蓝海，手机行业是红海。苹果、小米、OPPO、vivo等手机企业已经将造车提上了日程，他们是从红海往蓝海走，这是一条更加顺其自然的路，吉利则是反向为之。\n另一方面，市值榜此前在《马斯克正在蓄谋一场大规模价格战》中，曾对传统的造车逻辑及新能源造车的逻辑进行过详细分析，当前的新能源汽车产品，事实上是基于互联网思维被打造出来的。\n在这一前提下，几乎穿越了整个移动互联网周期的手机企业们，他们更具备互联网基因，也深谙互联网的核心打法，而无论是在打造车、机生态，还是产品理念、渠道创新、营销手段上，他们都更加得心应手。\n这很可能成为吉利的第二个命门，即它在互联网基因上的欠缺，很可能在愈演愈烈的新能源汽车战事中被无限放大。\n03、为什么跨界做手机大多都失败了？\n跨界做手机，不止李书福、董明珠有这样的想法，在过往，很多跨界进入手机市场的玩家，他们几乎全都以失败而告终。\n这些曾经满怀信心、最终败给现实的企业名录里，有亚马逊、联想、海信、乐视、360、国美等等。\n他们之中，有的是制造业传统豪强，有的是互联网名企，有的是零售商，他们与手机的关系或远或近。他们的跨界，有的是主业遇到瓶颈想侧面突围，有的是主业务还行但想更好，有的则是想提前布局某个生态。\n他们失败的原因也是多样的，比如资金断裂、决策失误、产品不能打等。\n但最核心的一个原因在于，他们从一开始，或许就低估了做好手机的难度。\n一款手机要在市场上取得成功，向上，考验的是企业的研发能力、资金实力，以及团队对用户需求、市场风向的洞察；向下，考验的是企业的渠道能力、营销能力，以及对用户心智的影响力。\n在走向量产的过程中，企业是否能在供应链上不落后乃至掌握话语权，也是胜负的关键手。\n\n比如，乐视手机曾劲头十足，最终败给了资金；联想手机则是陷入了利润短视，致使创新能力缺乏；亚马逊倒是舍得花钱也有钱，但Fire Phone是一款屈从于贝索斯个人喜好的产品，它的失败，根源上是对手机市场的趋势错判造成的。\n至于供应链，那是一场更加血腥的战争，即便是市场占比相对稳固的老玩家也不敢掉以轻心，小米、魅族都是前车之鉴。\n这是一个极其庞大的，包括人才、资金、资源在内的等众多因素相互叠加的实力的大测验，任意一环有所欠缺，都可能导致最终的失败。\n在这个行业，木桶效应体现得尤为明显，叠加产品迭代速度快这一特点，留给跨界玩家的试错空间几乎被压缩到最低。\n进一步看，对身处这个行业的所有玩家而言，要想长期具备市场竞争力，考验的其实是它们的“机构的能力”。\n克莱顿·克里斯坦森在《创新者的窘境》一书中提到，机构的能力往往受到三类因素的影响：资源、流程以及价值观。\n这三大因素实际上是一个“获得资源——价值创造——拓宽上限”的路径。\n在当前的主流玩家中，苹果将以上三种能力发挥到了极致。它把控着手机产业链绝对的话语权、早在乔布斯时代，他就以其强势的个人作风奠定了内部的管理风格，他为苹果选中了绝佳的守成者蒂姆·库克、而苹果对于产品的价值观，也让它成为了行业最伟大的玩家。\n李书福跨界造手机，实际上选了一条极其艰难的路，这条路上早已踩满了脚印，遗憾的是，几乎没有人走到终点。","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826825117,"gmtCreate":1634004988493,"gmtModify":1634005003767,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"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/826825117","repostId":"1146967510","repostType":4,"repost":{"id":"1146967510","pubTimestamp":1634004456,"share":"https://www.laohu8.com/m/news/1146967510?lang=&edition=full","pubTime":"2021-10-12 10:07","market":"hk","language":"zh","title":"五菱迈向高端，人民会买账吗？","url":"https://stock-news.laohu8.com/highlight/detail?id=1146967510","media":"子弹财经","summary":"电动车热销固然是好事，但对于五菱而言，尴尬的地方在于其售价低廉的微型电动车卖得越火，其低端的形象恐怕就更深入人心，而这与五菱的高端化显然背道而驰。\n\n当前，中国汽车消费市场正迈入存量时代，各大车企的“","content":"<div>\n<p>电动车热销固然是好事，但对于五菱而言，尴尬的地方在于其售价低廉的微型电动车卖得越火，其低端的形象恐怕就更深入人心，而这与五菱的高端化显然背道而驰。\n\n当前，中国汽车消费市场正迈入存量时代，各大车企的“高端化战役”进行得如火如荼，就连以“极致性价比”著称的五菱，也加入了这场战役。\n发布更高端的品牌和银标、推出价格更高的车型、签约周迅为全球代言人……五菱正密集地向市场释放出“品牌向上、国际化”的信号，...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/wcYNQXpQt2yBDtuvKDQX6g\">Web Link</a>\n\n</div>\n","source":"zdcj","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>五菱迈向高端，人民会买账吗？</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五菱迈向高端，人民会买账吗？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-12 10:07 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/wcYNQXpQt2yBDtuvKDQX6g><strong>子弹财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>电动车热销固然是好事，但对于五菱而言，尴尬的地方在于其售价低廉的微型电动车卖得越火，其低端的形象恐怕就更深入人心，而这与五菱的高端化显然背道而驰。\n\n当前，中国汽车消费市场正迈入存量时代，各大车企的“高端化战役”进行得如火如荼，就连以“极致性价比”著称的五菱，也加入了这场战役。\n发布更高端的品牌和银标、推出价格更高的车型、签约周迅为全球代言人……五菱正密集地向市场释放出“品牌向上、国际化”的信号，...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/wcYNQXpQt2yBDtuvKDQX6g\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f2b801a46f742e6905d3c913ee1a5d5d","relate_stocks":{"00305":"五菱汽车"},"source_url":"https://mp.weixin.qq.com/s/wcYNQXpQt2yBDtuvKDQX6g","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146967510","content_text":"电动车热销固然是好事，但对于五菱而言，尴尬的地方在于其售价低廉的微型电动车卖得越火，其低端的形象恐怕就更深入人心，而这与五菱的高端化显然背道而驰。\n\n当前，中国汽车消费市场正迈入存量时代，各大车企的“高端化战役”进行得如火如荼，就连以“极致性价比”著称的五菱，也加入了这场战役。\n发布更高端的品牌和银标、推出价格更高的车型、签约周迅为全球代言人……五菱正密集地向市场释放出“品牌向上、国际化”的信号，并试图切入更高的价格带。\n“人民需要什么，五菱就造什么”，五菱这句slogan曾让人拍手叫绝，在电动化浪潮下，凭借极致性价比一炮而红的“人民的代步车”——五菱宏光MINI EV也成功打动了众多消费者，上市以来长期占据国内新能源车销量榜榜首。\n\n图 /五菱宏光MINI EV\n而如今，一脚迈向高端化的五菱，能否如愿提升品牌调性？在高端化转型路上，五菱必须克服哪些关卡？更重要的是，人民会为升级的五菱买单吗？\n1、10万元内的“高端车”？\n9月6日，五菱汽车正式官宣周迅为五菱品牌全球代言人。一向以性价比著称的品牌，签约看似不接地气的“女神”做代言人，这不由令人想起2020年10月，同样签约周迅为品牌全球代言人的国产美妆品牌完美日记。\n和五菱一样，完美日记同样凭借性价比起家，彼时，完美日记官宣周迅代言后引发市场热议，被认为是完美日记进军国际、推进品牌高端化的重要举措。\n结合五菱近年来推动品牌向上的各项举措来看，本次官宣周迅为全球代言人，与完美日记有异曲同工之处，背后同样有提升品牌定位与格调的需求，而非借助代言人提升知名度那么简单。\n事实上，五菱也不缺知名度。能拉货、能漂移、价格便宜、实用性强的五菱宏光，可谓是MPV车型中的明星产品，在MPV销量排行榜上，长期占据第一名的位置。\n“‘秋名山车神’五菱宏光”算得上汽车圈里的一个“名梗”。多年前，一段视频在网络广为流传：一辆斯巴鲁BRZ和一辆宝马Coupe夜晚在山路上飙车，一辆五菱宏光突然出现迅速赶超了两辆车。该视频引发网友热议，随后网络上出现了很多关于五菱宏光的段子。\n“昨晚我输给了一辆面包车，它用惯性漂移过弯，车速非常快，我只看到五菱宏光几个字。”这段话流传甚广，五菱宏光也因此有了“秋名山车神”的称号。\n在低线市场，五菱宏光有着广大的受众群体。\n贵州省下属县城的一位五菱宏光PLUS车主吴秋霞告诉「子弹财经」，她的车到手价7万多元，平时主要用来在县城和乡镇间载客，“我们县和邻县高速开通后客运站大巴就不太走国道了，所以我的生意还可以，一天至少能净赚200元，买车的钱早已经赚回来了。”\n吴秋霞表示，她购买五菱宏光PLUS的主要原因就在于这款车的性价比高。“我们农村讲究实用不太在意品牌，而且五菱其实挺有名的，我认识的就有不少人买五菱，价格便宜，不管是拉货还是载客都非常能装，偶尔有人在县城买上一两筐鸡仔鸭仔，或者农忙时拉一下玉米、水稻什么的，也完全够放，而且一路走盘山公路，车的动力系统也没问题。”\n\n图 /五菱宏光PLUS\n近几年来，汽车产业往“电动车时代”迈进，上汽通用五菱在2020年7月推出了定位为“人民的代步车”的微型电动车五菱宏光MINI EV，该车售价仅为2.88万-3.88万元，价格十分亲民，上市后迅速成为爆品。\n据9月2日五菱汽车官方披露，五菱宏光MINI EV总销量已超过37万辆，连续12个月占据中国新能源车销售冠军之位，还在1月和4月登上全球新能源乘用车销冠位置。截至目前，上汽通用五菱的用户已经累计有2300万人，五菱品牌的用户也已经累计到2000万。\n但上汽通用五菱显然并不甘于只做极致性价比，事实上，其一直在尝试推动品牌往更高端的市场进军，只是目前成果尚不显著。\n此前，推动上汽通用五菱品牌向上的是宝骏。2019年4月，以“年轻、科技、智能、网联”为卖点，并有着全新钻石标加持的新宝骏品牌及旗下首款车型RS-5发布，向10万元以上价格带发起冲击。2020年，新宝骏品牌全年销量达到15.4万辆，同比增长70%。\n\n图/新宝骏RS-5（图源：易车网）\n即便是微型电动车，新宝骏旗下产品KiWi EV定位也比五菱宏光MINI EV高端得多。8月31日，KiWi EV正式上市，基础版（设计师）、高阶版（艺术家）两款车型售价分别为6.98万元、7.88万元，若选装“智能驾驶包”，KiWi EV最高售价达到8.68万元，几乎已触及微小型电动车的“天花板”。\n\n图 /KiWi EV\n2020年5月，上汽通用五菱推动五菱品牌的全球化，发布全球银标，与原有的经典红标作出区分，旨在让五菱品牌“走向世界，走向高端”。\n\n图 / 左为原有红标，右为最新银标\n同时，五菱银标旗下首款MPV车型五菱凯捷发布，该车售价8.58万元-11.68万元，相较于原有五菱车型而言，这无疑是向更高的价格带进军。\n2020年11月上市的五菱凯捷，连续5个月蝉联中国品牌乘用MPV市场的销冠，上市10个月累计销量已经突破8万辆。不过，目前其月度销量相较于推出的初期已出现回落。\n在五菱的计划中，未来相对高配的车型都将采用银标。今年9月16日，五菱银标车系旗下第二款车型、首款战略级SUV五菱星辰上市，该车配备1.5T与新一代模拟8速CVT的动力组合，还首搭上汽通用五菱的全新开放智能生态系统——Ling OS灵犀系统，整车售价6.98万元-9.98万元。\n虽然对比其它车企的SUV车型，五菱星辰10万元内的售价算不上高，并非常规意义上的“高端”，价格倾向于保守，但对比五菱品牌自身而言算是一种进步。\n据五菱汽车披露，上市仅10天，五菱星辰订单已突破5000辆。不过，这只是一个起步，五菱新款车型的长期成绩仍待观察。\n2、难以摆脱的低端形象？\n从整体销量数据上看，上汽通用五菱的表现可圈可点，但热销背后，未尝没有危机。\n目前看来，不管是新宝骏还是五菱凯捷，都未能扭转上汽通用五菱的“低端形象”，低价车型仍然是公司的销量支柱。\n2021年上半年，上汽通用五菱实现销量88.42万辆，同比增长39.5%。其中，五菱品牌上半年累计销量达到69.34万辆，宝骏品牌销量为12.3万辆。\n过去，五菱销售主力是售价5万元左右的五菱宏光，而现在，又增加了售价3万元左右的宏光MINI EV。五菱宏光MINI EV的畅销虽然给上汽通用五菱带来了漂亮的销量数据，但其低廉的售价，很难说能给公司带来多少利润。\n从上汽集团披露的上汽通用五菱相关销量数据、业绩情况可以看到，近年来其利润明显下滑。\n在受疫情影响颇重的2020年，五菱宏光MINI EV大火，最终，上汽通用五菱全年的总销量达到160万辆，比2019年降低了不到6万辆，然而，其归属于母公司净利润却比2019年减少了15.56亿元，只有1.42亿元。\n2021年上半年，上汽通用五菱归属于母公司净利润为4.13亿元，虽大幅高于2020年上半年的-6.29亿元，但对比未受疫情影响的2019年上半年，利润少了4.3亿元，出现“腰斩”。\n如今，五菱宏光MINI EV的销售盛况还在续写。9月23日，五菱汽车官方微博宣布，五菱宏光MINI EV单日销量突破1800台，每20秒卖出一台。\n\n图 / 五菱汽车官方微博\n此外，五菱还在不断更新微型电动车库。9月29日，五菱发布了与迪士尼IP《疯狂动物城》联名的五菱Nano EV，包括Judy限定款和Nick限定款，售价5.98万元，全球限量5000台。\n\n图 / 上汽通用五菱官方\n电动车热销固然是好事，但对于五菱而言，尴尬的地方在于其售价低廉的微型电动车卖得越火，其低端的形象恐怕就更深入人心，而这与五菱的高端化显然背道而驰。\n需知，要扭转消费者对一个品牌的固有印象并非易事。也正因此，上汽通用五菱选择在五菱品牌基础上进行升级、推出定位更加高端的车型也就更耐人寻味。\n对此，毕马威汽车分析师曹飞对「子弹财经」表示，五菱神车已被广大市场消费者接受，高性价比标签深入人心，目前已经有较好的市场占有率。如果企业推新品牌将面临高昂的市场营销推广费用，成本也会相应升高，与现有的高性价比标签背道而驰。\n曹飞指出，市场上的新品牌已经让潜在消费群体眼花缭乱，而且就目前的情形来看，市场上成功建立新品牌的车企屈指可数，大多数车企厂商还是在砸钱换市场的阶段，处于进退两难的地步。\n“建立新品牌需要时间的积累，同时现有的营销体系也需要随着调整，这都伴随着巨大的市场风险。如果沿用现有品牌，现有用户的消费升级，也将会留下一些忠实用户。贸然使用新品牌，也可能将会流失部分认可五菱汽车的老用户群体。”曹飞对「子弹财经」分析道。\n当下的上汽通用五菱，一边积极推动品牌向上，发展高端化、全球化；但另一边，又无法割舍高性价比产品带来的高销量。甚至连推动品牌高端化的新产品也并非传统意义上的“高端”，其价格放到市场中对比，依然算不上高，可谓矛盾。\n3、转型的最大难题是什么？\n需要注意的是，当前五菱宏光MINI EV面临的竞争环境已发生了变化。\n受新能源积分压力加剧、车企电动化转型加速等多方面因素影响，在五菱宏光MINI EV带火了微型电动车市场后，该赛道成为车企争相追逐的目标，越来越多微型电动车产品被推入市场。有统计显示，2020年市场上的微型电动车已经多达42款。\n乘联会数据显示，今年8月新能源销量排行榜上，五菱宏光MINI共售出3.28万辆，位居第一位。同为微型纯电动车的长安奔奔EV卖出7358辆居第5名，欧拉黑猫、奇瑞eQ、和科莱威CLEVER销量分别为7013辆、5975辆和5316辆，分别排第6、第11和第13名。\n\n图 / 乘联会\n在曹飞看来，目前电动汽车还未被大家完全接受，短期来看，消费者对于“花几万块钱买个电动汽车”这件事还是可以接受的，尤其是广大女性用户群体。对于城市拥挤的道路及停车，小而灵活的微型电动车极具吸引力。\n“竞争激烈和充分的环境才能让这个市场做大做强，让更多的用户关注到这个领域，尤其是初次接触而不愿高价购买的潜在消费群体。目前电动车还处于高速发展阶段，部分技术还处于初级阶段，单一企业厂家很难撬动第一次尝鲜电动汽车的消费群体。有了竞争才让汽车行业看到了这个级别汽车的存在价值，加速推动了整个电动车的市场和销售进程。”曹飞对「子弹财经」表示。\n虽然目前微型电动车市场仍然被五菱占据主导地位，但大量品牌正纷纷入局，必然会与五菱形成竞争，分流市场份额。\n另一方面，在更加高端的产品上，五菱同样面临不小的竞争压力。新宝骏、五菱凯捷、五菱星辰等车型顶配价格接近10万-20万元价格带，可以说是目前车市竞争最为激烈的一块市场，不管是自主车企还是合资品牌，都在这一价格带布下了重兵。\n回顾上汽通用五菱近年来在高端化上的系列举措，其推动品牌向上的决心毋庸置疑，但为何至今难言成功？\n在外界看来，上汽通用五菱最大的问题还是在于缺乏核心技术的支撑，其目前的技术能力跟不上高端化的步伐。比如，发动机方面，上汽通用五菱的产品就面临品类少、性能偏弱的问题。而在质量方面，近年来，因为发动机、变速箱、油箱等汽车零部件存在安全隐患，上汽通用五菱频繁宣布召回。\n今年7月16日，国家市场管理家督总局发布的公告显示，上汽通用五菱决定自2021年8月2日起，召回2018年12月4日-2021年1月11日生产的部分宝骏310系列、宝骏360、宝骏510、宝骏730、宝骏RS-3、宝骏RM-5、宝骏RC-5系列、五菱之光、五菱荣光系列、五菱宏光系列车型汽车，共计143.7万辆。\n召回原因在于部分车辆发动机曲轴箱强制通风阀阀芯耐磨性不足，阀芯磨损后机油消耗加快，极端情况下可能造成发动机损伤，存在安全隐患。若继续使用，极端情况下可能存在不合理排放风险。\n再来看推出没多久的五菱星辰，该车型搭载了Ling OS灵犀系统。据上汽通用五菱五菱事业部副总经理周钘介绍，Ling OS灵犀系统不仅是语音交互系统，此后将发展为集“智能网联、智能驾驶、智能终端”三位一体的生态系统。\n不过，据周钘介绍，要从今年10月开始，Ling OS灵犀系统中才会加入智能驾驶功能。由此来看，Ling OS灵犀系统的推出显得稍显仓促。\n当下，无论是燃油车还是新能源车，智能驾驶几乎已成为标准配置或必不可少的选装。不管是传统车企还是造车新势力都力争在智能驾驶上讲更多故事，以吸引更多资本、消费者的关注。\n在这样的竞争形势下，五菱星辰的智能化吸引力可能稍显欠缺，Ling OS灵犀系统的进步完善迫在眉睫。\n在曹飞看来，上汽通用五菱有广大的群众基础，相对于新品牌而言也有多年的沉淀。对于性价比较高的车型，消费群体更倾向于选择成熟的老品牌，毕竟老品牌营销和售后服务规模体系完整，会给消费者带来更强的使用信心。\n不过，曹飞同时指出，“低端品牌市场，大家可接受度或者说容忍度相对较高，而如果拿着几十万和几万的车进行比较，可能对造车工艺及售后服务就会提出更多的挑战了。”\n4、结语\n可以说，性价比是上汽通用五菱安身立命的“护身符”，但同时，也是制约它品牌升级、走向高端化市场的“枷锁”。\n在电动化浪潮下，传统车企均面临“大象难转身”的困境，五菱宏光MINI EV横空出世、可观的销量让上汽通用五菱在电动化上发出巨大声量，也极大缓解了公司的新能源积分压力。\n但要颠覆消费者对品牌的固有认知并非易事，而五菱宏光MINI EV的热销又何尝不是加速了“品牌向下”的过程。对于上汽通用五菱而言，品牌向上、往中高端进军之路注定漫长。\n说好了“人民需要什么，五菱就造什么”，若想继续打动“人民”为高端化产品买单，五菱更需狠下功夫。","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828651318,"gmtCreate":1633912007947,"gmtModify":1633912008018,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828651318","repostId":"2174978913","repostType":4,"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":883723101,"gmtCreate":1631275107903,"gmtModify":1631889408872,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"But no choice or to freeze","listText":"But no choice or to freeze","text":"But no choice or to freeze","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/883723101","repostId":"2166532071","repostType":4,"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888543010,"gmtCreate":1631511274630,"gmtModify":1631889408864,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Is inflation going up?","listText":"Is inflation going up?","text":"Is inflation going up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/888543010","repostId":"2166303094","repostType":4,"repost":{"id":"2166303094","pubTimestamp":1631488015,"share":"https://www.laohu8.com/m/news/2166303094?lang=&edition=full","pubTime":"2021-09-13 07:06","market":"us","language":"en","title":"Retail sales, Consumer Price Index: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2166303094","media":"Yahoo Finance","summary":"Traders this week will be focused on new data on inflation and spending. Each are likely to have mod","content":"<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.</p>\n<p>On the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.</p>\n<p>Consensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.</p>\n<p>Excluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.</p>\n<p>The multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.</p>\n<p>Used car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.</p>\n<p>Other categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.</p>\n<p><img src=\"https://static.tigerbbs.com/b3ba3dcdb70c21ee0f288bf7cd56e371\" tg-width=\"4949\" tg-height=\"3345\" referrerpolicy=\"no-referrer\">Muhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images</p>\n<p>\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.</p>\n<p>\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.</p>\n<p>The CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.</p>\n<p>Federal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.</p>\n<p>\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.</p>\n<p>\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"</p>\n<h2>Retail sales</h2>\n<p>Another closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.</p>\n<p>Consumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.</p>\n<p>The August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.</p>\n<p>Some service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.</p>\n<p>The August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.</p>\n<p>Future retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.</p>\n<p>\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Monthly budget statement, August (-$302.1 billion during prior month)</p></li>\n <li><p><b>Tuesday: </b>NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)</p></li>\n <li><p><b>Thursday: </b>Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)</p></li>\n <li><p><b>Friday: </b>University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Oracle (ORCL) after market close</p></li>\n <li><p><b>Tuesday:</b> Lennar (LEN), FuelCell Energy (FCEL) before market open <b>&nbsp;</b></p></li>\n <li><p><b>Wednesday: </b>Weber (WEBR) before market open</p></li>\n <li><p><b>Thursday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>","source":"yahoofinance_au","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>Retail sales, Consumer Price Index: What to know this week</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\">\nRetail sales, Consumer Price Index: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn...</p>\n\n<a href=\"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FCEL":"燃料电池能源","ORCL":"甲骨文","LEN":"莱纳建筑公司","WEBR":"Weber Inc."},"source_url":"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166303094","content_text":"Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.\nConsensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.\nExcluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.\nThe multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.\nUsed car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.\nOther categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.\nMuhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images\n\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.\n\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.\nThe CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.\nFederal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.\n\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.\n\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"\nRetail sales\nAnother closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.\nConsumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.\nThe August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.\nSome service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.\nThe August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.\nFuture retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.\n\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"\nEconomic calendar\n\nMonday: Monthly budget statement, August (-$302.1 billion during prior month)\nTuesday: NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)\nWednesday: MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)\nThursday: Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)\nFriday: University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)\n\nEarnings calendar\n\nMonday: Oracle (ORCL) after market close\nTuesday: Lennar (LEN), FuelCell Energy (FCEL) before market open  \nWednesday: Weber (WEBR) before market open\nThursday: No notable reports scheduled for release\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814829634,"gmtCreate":1630807298428,"gmtModify":1631889408876,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Up and away","listText":"Up and away","text":"Up and away","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/814829634","repostId":"1194566233","repostType":4,"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812306486,"gmtCreate":1630550231345,"gmtModify":1631889408886,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Another day another high","listText":"Another day another high","text":"Another day another high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812306486","repostId":"2164481914","repostType":4,"repost":{"id":"2164481914","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630529217,"share":"https://www.laohu8.com/m/news/2164481914?lang=&edition=full","pubTime":"2021-09-02 04:46","market":"us","language":"en","title":"Tech stocks send Nasdaq to fresh record close, boost S&P","url":"https://stock-news.laohu8.com/highlight/detail?id=2164481914","media":"Reuters","summary":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIn","content":"<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</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>Tech stocks send Nasdaq to fresh record close, boost S&P</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\">\nTech stocks send Nasdaq to fresh record close, boost S&P\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-02 04:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164481914","content_text":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIndexes: Dow falls 0.14%, S&P up 0.03%, Nasdaq rises 0.33%.\n\nSept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.\nTechnology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and Facebook Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.\nUtilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.\n\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.\nWall Street's main indexes have hit record highs recently, with the benchmark S&P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.\nEach new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.\nA report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.\nAnother set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.\n\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.\nThe Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.\nFalling 1.5% on the day, and down for the third straight session, was the energy index.\nCrude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.\nPBF Energy Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.\nVolume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887352997,"gmtCreate":1631981016819,"gmtModify":1632804974100,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Maybe","listText":"Maybe","text":"Maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/887352997","repostId":"1128389145","repostType":4,"repost":{"id":"1128389145","pubTimestamp":1631933002,"share":"https://www.laohu8.com/m/news/1128389145?lang=&edition=full","pubTime":"2021-09-18 10:43","market":"us","language":"en","title":"Lucid Motors Price Predictions: Can LCID Stock Really Reach $30?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128389145","media":"investorplace","summary":"Lucid Motors(NASDAQ:LCID) is having a booming day as it continues to rebound from an early September","content":"<p><b>Lucid Motors</b>(NASDAQ:<b><u>LCID</u></b>) is having a booming day as it continues to rebound from an early September slump. The stock is moving upwards after receiving an attractive rating from Bank of America. With institutional investors on its side once again, and a new EPA rating, investors stand to wonder where LCID stock will go. Hence, Lucid Motors price predictions are in high demand.</p>\n<p>It’s inarguable that Lucid is rallying in hopes of becoming the next&nbsp;<b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>). But Tesla is vastly more storied, has more experience getting cars on the road, and it has a superstar CEO with massive ambitions for the market. However, that’s not to say it has perfect vehicles. The cars themselves are the most important part, and with Lucid’s newest EPA rating, it’s putting Tesla in the hot seat.</p>\n<p>As the company announced yesterday, the Environmental Protection Agency&nbsp;awarded the Lucid Air Dream Edition Range with a 520-mile range. That’s by far the longest range for an electric vehicle on a single charge. For reference, Tesla’s longest-range vehicle&nbsp;only offers about 412 mileson a single charge. Lucid is creating an obvious edge for itself.</p>\n<p>Lucid Motors Price Predictions Surge on Bank of America Rating</p>\n<p>Following this announcement, LCID stock is getting the benefit of a new Bank of America note. The analyst calls the brand a “combination of Ferrari and Tesla,” and is putting a hefty rating on LCID stock. The bullish price point of $30 is in and of itself inciting buying interest. In the early hours of today’s session, trading volume of LCID is over 40 million shares. Shares are increasing 10% on the news.</p>\n<p>What do analysts at large think of LCID stock? Is it built to last? Is $30 much too optimistic? Let’s take a look at some&nbsp;Lucid Motors price predictionsto get an idea of broader sentiment:</p>\n<ul>\n <li>Of course, bringing in all of the news today is John Murphy’s price target out of Bank of America. Murphy gives the stock a strong “buy” rating and a $30 price target.</li>\n <li>Also bullish on LCID is Itay Michaeli, an analyst at Citigroup. Michaeli targets a price of $28 for LCID.</li>\n <li>Adam Jonas is a known bear on LCID stock. The Morgan Stanley analyst is has a “sell” rating on LCID, anticipating a drop in price down to $12.</li>\n</ul>","source":"lsy1606302653667","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>Lucid Motors Price Predictions: Can LCID Stock Really Reach $30?</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\">\nLucid Motors Price Predictions: Can LCID Stock Really Reach $30?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 10:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/lucid-motors-price-predictions-can-lcid-stock-really-reach-30/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lucid Motors(NASDAQ:LCID) is having a booming day as it continues to rebound from an early September slump. The stock is moving upwards after receiving an attractive rating from Bank of America. With ...</p>\n\n<a href=\"https://investorplace.com/2021/09/lucid-motors-price-predictions-can-lcid-stock-really-reach-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/09/lucid-motors-price-predictions-can-lcid-stock-really-reach-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128389145","content_text":"Lucid Motors(NASDAQ:LCID) is having a booming day as it continues to rebound from an early September slump. The stock is moving upwards after receiving an attractive rating from Bank of America. With institutional investors on its side once again, and a new EPA rating, investors stand to wonder where LCID stock will go. Hence, Lucid Motors price predictions are in high demand.\nIt’s inarguable that Lucid is rallying in hopes of becoming the next Tesla(NASDAQ:TSLA). But Tesla is vastly more storied, has more experience getting cars on the road, and it has a superstar CEO with massive ambitions for the market. However, that’s not to say it has perfect vehicles. The cars themselves are the most important part, and with Lucid’s newest EPA rating, it’s putting Tesla in the hot seat.\nAs the company announced yesterday, the Environmental Protection Agency awarded the Lucid Air Dream Edition Range with a 520-mile range. That’s by far the longest range for an electric vehicle on a single charge. For reference, Tesla’s longest-range vehicle only offers about 412 mileson a single charge. Lucid is creating an obvious edge for itself.\nLucid Motors Price Predictions Surge on Bank of America Rating\nFollowing this announcement, LCID stock is getting the benefit of a new Bank of America note. The analyst calls the brand a “combination of Ferrari and Tesla,” and is putting a hefty rating on LCID stock. The bullish price point of $30 is in and of itself inciting buying interest. In the early hours of today’s session, trading volume of LCID is over 40 million shares. Shares are increasing 10% on the news.\nWhat do analysts at large think of LCID stock? Is it built to last? Is $30 much too optimistic? Let’s take a look at some Lucid Motors price predictionsto get an idea of broader sentiment:\n\nOf course, bringing in all of the news today is John Murphy’s price target out of Bank of America. Murphy gives the stock a strong “buy” rating and a $30 price target.\nAlso bullish on LCID is Itay Michaeli, an analyst at Citigroup. Michaeli targets a price of $28 for LCID.\nAdam Jonas is a known bear on LCID stock. The Morgan Stanley analyst is has a “sell” rating on LCID, anticipating a drop in price down to $12.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889551032,"gmtCreate":1631161195826,"gmtModify":1631883559850,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Tesla all the way","listText":"Tesla all the way","text":"Tesla all the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/889551032","repostId":"2165399556","repostType":4,"repost":{"id":"2165399556","pubTimestamp":1631154918,"share":"https://www.laohu8.com/m/news/2165399556?lang=&edition=full","pubTime":"2021-09-09 10:35","market":"us","language":"en","title":"3 Top Electric Vehicle Stocks to Buy for the Long Haul","url":"https://stock-news.laohu8.com/highlight/detail?id=2165399556","media":"Motley Fool","summary":"The electric vehicle industry could be huge, and investors should consider different ways to benefit from its growth.","content":"<p>The \"dot-com\" bubble is one of the most famous periods in stock market history. The internet was new, and an investor frenzy bid up stocks that had anything to do with the worldwide web. Eventually, the bubble burst and most of the frenzied stocks are no longer around today.</p>\n<p>A similar craze with electric vehicles (EVs) has occurred; electric vehicle company Rivian may IPO at a larger valuation than Ford Motor Company without delivering a single vehicle! But just like the internet, electric vehicles are coming, and some great companies are leading the charge; here are three of them.</p>\n<h2>1. The dominant electric vehicle company</h2>\n<p>Tesla, led by CEO Elon Musk, brought electric vehicles into the mainstream discussion in 2012 when the Model S launched. The rest of the automotive industry watched Tesla's deliveries grow from 22,442 vehicles in 2013 to 499,535 in 2020; now, the entire industry is racing to bring competitive electric vehicles to market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2a5515c4e311a447efeff6fdc1aecd7\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<p>The company has an enormous first-mover advantage in the United States market, with an estimated 71% market share of electric vehicles. In 2020, Tesla models represented 79% of new electric vehicle registrations in the U.S.</p>\n<p>Electric car stocks are entering the picture, such as Rivian,Lordstown Motors, and Lucid Motors; plus, legacy automotive manufacturers are bringing EV models into their lineups. But many of these competitors still need to prove their success, while Tesla remains the face of electric vehicle technology. It remains the safest investment in an emerging space until a competitor manages to take meaningful market share from them.</p>\n<h2>2. The largest charging network</h2>\n<p>Charging stations are an important, yet often forgotten, aspect of the electric vehicle market. Tesla has famously invested in its own charging network, but most automotive manufacturers are not doing so, leaving EV drivers in need of a network of chargers to support their travel needs.</p>\n<p>ChargePoint Holdings&nbsp;is the dominant charging network in North America, with more than 118,000 active stations and seven times as much market share as its closest competitor. The company has more than 5,000 customers that choose ChargePoint to bring EV charging to their premises, including businesses, fleets, resorts, and residences.</p>\n<p>There is a clear political push for electric vehicles and ESG (environmental, social, and governance) standards that companies are striving for, so the tailwinds are there for consumers to continue gravitating toward EVs. This will directly benefit ChargePoint, whose software and service segments will generate recurring revenue as its charging network grows.</p>\n<h2>3. A potential disruptor of the battery business</h2>\n<p>Whereas the engine is the critical component of the gas-powered vehicle, the battery is the heart of the EV. QuantumScape&nbsp;is a battery technology company working to bring a new type of EV battery to market.</p>\n<p>QuantumScape's battery is a solid-state lithium-metal battery, which is more energy-dense than traditional lithium-ion batteries, and the company claims it can be charged faster and last longer. The company also has more than 200 patents and applications pending, giving QuantumScape legal protection if the battery is as effective as it hopes it is.</p>\n<p>However, the battery is still in development, meaning the company is essentially \"pre-revenue\" and a riskier investment than both Tesla and ChargePoint. Furthermore, the commercialization of the battery is still several years away, with management expecting testing to begin in 2023 and a full launch in 2025. Investors should be aware that QuantumScape doesn't yet have a product and that buying the stock is a bet that promises turn into real results in the future.</p>\n<h2>Here's the bottom line</h2>\n<p>The automotive industry is collectively worth more than $2 trillion and could someday be fully electric. The opportunity for huge returns is there for investors, just like the internet in its earliest days. But just like the dot-com boom, investors need to be careful to identify the leaders of EV technology and not get caught up with the pretenders that never amount to much.</p>\n<p>With Tesla, ChargePoint, and QuantumScape, investors have exposure to EVs, the infrastructure beneath them, and a high-upside leap forward in battery technology. These are potentially impactful companies that could end up being the titans of an electric automotive industry over the long haul.</p>\n<p>But just like the internet in its early days, electric vehicles are a new industry with elevated risk. Tesla has proven the most of these three companies, but all three, to a degree, are pricing in the future success that the underlying businesses haven't yet delivered on. Investors can benefit from these stocks but will need to remain vigilant in seeing that the management teams behind each come through on their promises.</p>","source":"fool_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>3 Top Electric Vehicle Stocks to Buy for the Long Haul</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\">\n3 Top Electric Vehicle Stocks to Buy for the Long Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/08/3-top-electric-vehicle-stocks-to-buy-for-the-long/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The \"dot-com\" bubble is one of the most famous periods in stock market history. The internet was new, and an investor frenzy bid up stocks that had anything to do with the worldwide web. Eventually, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/08/3-top-electric-vehicle-stocks-to-buy-for-the-long/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QS":"Quantumscape Corp.","TSLA":"特斯拉","CHPT":"ChargePoint Holdings Inc."},"source_url":"https://www.fool.com/investing/2021/09/08/3-top-electric-vehicle-stocks-to-buy-for-the-long/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165399556","content_text":"The \"dot-com\" bubble is one of the most famous periods in stock market history. The internet was new, and an investor frenzy bid up stocks that had anything to do with the worldwide web. Eventually, the bubble burst and most of the frenzied stocks are no longer around today.\nA similar craze with electric vehicles (EVs) has occurred; electric vehicle company Rivian may IPO at a larger valuation than Ford Motor Company without delivering a single vehicle! But just like the internet, electric vehicles are coming, and some great companies are leading the charge; here are three of them.\n1. The dominant electric vehicle company\nTesla, led by CEO Elon Musk, brought electric vehicles into the mainstream discussion in 2012 when the Model S launched. The rest of the automotive industry watched Tesla's deliveries grow from 22,442 vehicles in 2013 to 499,535 in 2020; now, the entire industry is racing to bring competitive electric vehicles to market.\nImage source: Getty Images.\nThe company has an enormous first-mover advantage in the United States market, with an estimated 71% market share of electric vehicles. In 2020, Tesla models represented 79% of new electric vehicle registrations in the U.S.\nElectric car stocks are entering the picture, such as Rivian,Lordstown Motors, and Lucid Motors; plus, legacy automotive manufacturers are bringing EV models into their lineups. But many of these competitors still need to prove their success, while Tesla remains the face of electric vehicle technology. It remains the safest investment in an emerging space until a competitor manages to take meaningful market share from them.\n2. The largest charging network\nCharging stations are an important, yet often forgotten, aspect of the electric vehicle market. Tesla has famously invested in its own charging network, but most automotive manufacturers are not doing so, leaving EV drivers in need of a network of chargers to support their travel needs.\nChargePoint Holdings is the dominant charging network in North America, with more than 118,000 active stations and seven times as much market share as its closest competitor. The company has more than 5,000 customers that choose ChargePoint to bring EV charging to their premises, including businesses, fleets, resorts, and residences.\nThere is a clear political push for electric vehicles and ESG (environmental, social, and governance) standards that companies are striving for, so the tailwinds are there for consumers to continue gravitating toward EVs. This will directly benefit ChargePoint, whose software and service segments will generate recurring revenue as its charging network grows.\n3. A potential disruptor of the battery business\nWhereas the engine is the critical component of the gas-powered vehicle, the battery is the heart of the EV. QuantumScape is a battery technology company working to bring a new type of EV battery to market.\nQuantumScape's battery is a solid-state lithium-metal battery, which is more energy-dense than traditional lithium-ion batteries, and the company claims it can be charged faster and last longer. The company also has more than 200 patents and applications pending, giving QuantumScape legal protection if the battery is as effective as it hopes it is.\nHowever, the battery is still in development, meaning the company is essentially \"pre-revenue\" and a riskier investment than both Tesla and ChargePoint. Furthermore, the commercialization of the battery is still several years away, with management expecting testing to begin in 2023 and a full launch in 2025. Investors should be aware that QuantumScape doesn't yet have a product and that buying the stock is a bet that promises turn into real results in the future.\nHere's the bottom line\nThe automotive industry is collectively worth more than $2 trillion and could someday be fully electric. The opportunity for huge returns is there for investors, just like the internet in its earliest days. But just like the dot-com boom, investors need to be careful to identify the leaders of EV technology and not get caught up with the pretenders that never amount to much.\nWith Tesla, ChargePoint, and QuantumScape, investors have exposure to EVs, the infrastructure beneath them, and a high-upside leap forward in battery technology. These are potentially impactful companies that could end up being the titans of an electric automotive industry over the long haul.\nBut just like the internet in its early days, electric vehicles are a new industry with elevated risk. Tesla has proven the most of these three companies, but all three, to a degree, are pricing in the future success that the underlying businesses haven't yet delivered on. Investors can benefit from these stocks but will need to remain vigilant in seeing that the management teams behind each come through on their promises.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817337625,"gmtCreate":1630905597167,"gmtModify":1631889408874,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Can sleep tonight","listText":"Can sleep tonight","text":"Can sleep tonight","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817337625","repostId":"1126654067","repostType":4,"repost":{"id":"1126654067","pubTimestamp":1630885254,"share":"https://www.laohu8.com/m/news/1126654067?lang=&edition=full","pubTime":"2021-09-06 07:40","market":"us","language":"en","title":"Is the U.S. stock market open on Labor Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126654067","media":"MarketWatch","summary":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be cl","content":"<p>It is unofficially summer’s last hurrah for Wall Street investors.</p>\n<p>U.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.</p>\n<p>On Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc.&nbsp;-owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average,&nbsp;S&amp;P 500&nbsp;or Nasdaq Composite indexes.</p>\n<p>The S&amp;P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite&nbsp;was on track to book its 35th&nbsp;all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.</p>\n<p>Sifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was&nbsp;yielding around 1.33%&nbsp;after the U.S. August jobs report came in weaker than expected.</p>\n<p>However, the&nbsp;Labor Department’s employment report,which showed that&nbsp;235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.</p>\n<p>Trading in most commodity futures, including Nymex crude-oil&nbsp;and Comex gold,on U.S. exchanges will also be halted Monday.</p>\n<p>Is there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?</p>\n<p>Probably not.</p>\n<p>But the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3f0f061a4ddd2ca31c53f8aa68e3cce\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>The S&amp;P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c780a46e32d055feb3e3f5e10fc987f\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>But if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s&nbsp;Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.</p>\n<p>It is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.</p>\n<p>Markets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100&nbsp;index and the pan-European Stoxx Europe 600&nbsp;will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng&nbsp;and the Shanghai Composite Index.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the U.S. stock market open on Labor Day?</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\">\nIs the U.S. stock market open on Labor Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has ...</p>\n\n<a href=\"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126654067","content_text":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.\nOn Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc. -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average, S&P 500 or Nasdaq Composite indexes.\nThe S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite was on track to book its 35th all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.\nSifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was yielding around 1.33% after the U.S. August jobs report came in weaker than expected.\nHowever, the Labor Department’s employment report,which showed that 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.\nTrading in most commodity futures, including Nymex crude-oil and Comex gold,on U.S. exchanges will also be halted Monday.\nIs there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?\nProbably not.\nBut the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.\nDOW JONES MARKET DATA\nThe S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.\nDOW JONES MARKET DATA\nBut if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.\nIt is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.\nMarkets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100 index and the pan-European Stoxx Europe 600 will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng and the Shanghai Composite Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818300275,"gmtCreate":1630373641297,"gmtModify":1704959286507,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Again","listText":"Again","text":"Again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/818300275","repostId":"2163833181","repostType":4,"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863917825,"gmtCreate":1632353237567,"gmtModify":1632801062766,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863917825","repostId":"2169650271","repostType":4,"repost":{"id":"2169650271","pubTimestamp":1632343898,"share":"https://www.laohu8.com/m/news/2169650271?lang=&edition=full","pubTime":"2021-09-23 04:51","market":"us","language":"en","title":"Wall St ends higher as Fed signals bond-buying taper soon","url":"https://stock-news.laohu8.com/highlight/detail?id=2169650271","media":"Reuters","summary":"NEW YORK, Sept 22 (Reuters) - The three major U.S. stock indexes rose 1% on Wednesday as investors m","content":"<p>NEW YORK, Sept 22 (Reuters) - The three major U.S. stock indexes rose 1% on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the central bank to reduce its monthly bond purchases soon.</p>\n<p>The S&amp;P 500 registered its biggest daily percentage gain since July 23.</p>\n<p>While trading was choppy following the Fed's latest policy statement and comments by Fed Chair Jerome Powell, stocks finished close to where they were before the central bank news.</p>\n<p>In its statement, the central bank also suggested interest rate increases may follow more quickly than expected and said overall indicators in the economy \"have continued to strengthen.\"</p>\n<p>Bank shares rose following the Fed news, with the S&amp;P banks index ending up 2.1% on the day, and S&amp;P 500 financials up 1.6% and among the biggest gainers among sectors.</p>\n<p>Some strategists viewed the Fed's comments as mixed.</p>\n<p>\"So they said we're going to probably start to taper, but they haven't said when and haven't said how much, so we're kind of back where we were a day ago,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>\"Those remain open questions,\" he said. \"Also, financial conditions remain very easy, and that's part of the reason why markets aren't going crazy at this point.\"</p>\n<p>The Dow Jones Industrial Average rose 338.48 points, or 1%, to 34,258.32, the S&amp;P 500 gained 41.45 points, or 0.95%, to 4,395.64 and the Nasdaq Composite added 150.45 points, or 1.02%, to 14,896.85.</p>\n<p>Apple and other big technology-related names gave the S&amp;P 500 its biggest boost.</p>\n<p>On the downside, FedEx Corp tumbled 9.1% after posting a lower quarterly profit and as the delivery firm cut its full-year earnings forecast.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 3.88-to-1 ratio; on Nasdaq, a 2.38-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted nine new 52-week highs and eight new lows; the Nasdaq Composite recorded 52 new highs and 66 new lows.</p>\n<p>Volume on U.S. exchanges was 9.91 billion shares, compared with the 9.99 billion average for the full session over the last 20 trading days.</p>","source":"yahoofinance","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>Wall St ends higher as Fed signals bond-buying taper soon</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\">\nWall St ends higher as Fed signals bond-buying taper soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 04:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-st-ends-205138667.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Sept 22 (Reuters) - The three major U.S. stock indexes rose 1% on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-st-ends-205138667.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100","COMP":"Compass, Inc.","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF",".DJI":"道琼斯","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","FDX":"联邦快递"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-st-ends-205138667.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2169650271","content_text":"NEW YORK, Sept 22 (Reuters) - The three major U.S. stock indexes rose 1% on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the central bank to reduce its monthly bond purchases soon.\nThe S&P 500 registered its biggest daily percentage gain since July 23.\nWhile trading was choppy following the Fed's latest policy statement and comments by Fed Chair Jerome Powell, stocks finished close to where they were before the central bank news.\nIn its statement, the central bank also suggested interest rate increases may follow more quickly than expected and said overall indicators in the economy \"have continued to strengthen.\"\nBank shares rose following the Fed news, with the S&P banks index ending up 2.1% on the day, and S&P 500 financials up 1.6% and among the biggest gainers among sectors.\nSome strategists viewed the Fed's comments as mixed.\n\"So they said we're going to probably start to taper, but they haven't said when and haven't said how much, so we're kind of back where we were a day ago,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.\n\"Those remain open questions,\" he said. \"Also, financial conditions remain very easy, and that's part of the reason why markets aren't going crazy at this point.\"\nThe Dow Jones Industrial Average rose 338.48 points, or 1%, to 34,258.32, the S&P 500 gained 41.45 points, or 0.95%, to 4,395.64 and the Nasdaq Composite added 150.45 points, or 1.02%, to 14,896.85.\nApple and other big technology-related names gave the S&P 500 its biggest boost.\nOn the downside, FedEx Corp tumbled 9.1% after posting a lower quarterly profit and as the delivery firm cut its full-year earnings forecast.\nAdvancing issues outnumbered declining ones on the NYSE by a 3.88-to-1 ratio; on Nasdaq, a 2.38-to-1 ratio favored advancers.\nThe S&P 500 posted nine new 52-week highs and eight new lows; the Nasdaq Composite recorded 52 new highs and 66 new lows.\nVolume on U.S. exchanges was 9.91 billion shares, compared with the 9.99 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881170647,"gmtCreate":1631320254889,"gmtModify":1631889408869,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"About time","listText":"About time","text":"About time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/881170647","repostId":"2166711943","repostType":4,"repost":{"id":"2166711943","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631315453,"share":"https://www.laohu8.com/m/news/2166711943?lang=&edition=full","pubTime":"2021-09-11 07:10","market":"us","language":"en","title":"Wall Street ends down, Apple sinks on app store ruling","url":"https://stock-news.laohu8.com/highlight/detail?id=2166711943","media":"Reuters","summary":"Sept 10  - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that ","content":"<p>* U.S. producer prices rise solidly in August</p>\n<p>* Apple falls after 'Fortnite' case ruling</p>\n<p>* Kroger falls as shipping woes hurt margins</p>\n<p>Sept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.</p>\n<p>U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.</p>\n<p>Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.</p>\n<p>The S&amp;P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.</p>\n<p>However, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.</p>\n<p>\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"</p>\n<p>Apple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&amp;P 500's declines.</p>\n<p>Shares of app makers rallied, with Spotify Technology&nbsp;up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.</p>\n<p>Losses in the three main indexes accelerated toward the end of the session.</p>\n<p>The Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&amp;P 500 lost 0.77% to 4,458.58.</p>\n<p>The Nasdaq Composite dropped 0.87% to 15,115.49.</p>\n<p>For the week, the S&amp;P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.</p>\n<p>Friday was the first time since February that the S&amp;P 500 declined five days in a row.</p>\n<p>All of the eleven S&amp;P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.</p>\n<p>Affirm&nbsp;Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.</p>\n<p>Grocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.</p>\n<p>Volume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.</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>Wall Street ends down, Apple sinks on app store ruling</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\">\nWall Street ends down, Apple sinks on app store ruling\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-11 07:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* U.S. producer prices rise solidly in August</p>\n<p>* Apple falls after 'Fortnite' case ruling</p>\n<p>* Kroger falls as shipping woes hurt margins</p>\n<p>Sept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.</p>\n<p>U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.</p>\n<p>Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.</p>\n<p>The S&amp;P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.</p>\n<p>However, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.</p>\n<p>\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"</p>\n<p>Apple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&amp;P 500's declines.</p>\n<p>Shares of app makers rallied, with Spotify Technology&nbsp;up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.</p>\n<p>Losses in the three main indexes accelerated toward the end of the session.</p>\n<p>The Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&amp;P 500 lost 0.77% to 4,458.58.</p>\n<p>The Nasdaq Composite dropped 0.87% to 15,115.49.</p>\n<p>For the week, the S&amp;P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.</p>\n<p>Friday was the first time since February that the S&amp;P 500 declined five days in a row.</p>\n<p>All of the eleven S&amp;P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.</p>\n<p>Affirm&nbsp;Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.</p>\n<p>Grocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.</p>\n<p>Volume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166711943","content_text":"* U.S. producer prices rise solidly in August\n* Apple falls after 'Fortnite' case ruling\n* Kroger falls as shipping woes hurt margins\nSept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.\nU.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.\nSentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.\nThe S&P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.\nHowever, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.\n\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"\nApple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&P 500's declines.\nShares of app makers rallied, with Spotify Technology up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.\nLosses in the three main indexes accelerated toward the end of the session.\nThe Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&P 500 lost 0.77% to 4,458.58.\nThe Nasdaq Composite dropped 0.87% to 15,115.49.\nFor the week, the S&P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.\nFriday was the first time since February that the S&P 500 declined five days in a row.\nAll of the eleven S&P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.\nAffirm Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.\nGrocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.\nVolume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.\nThe S&P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811940296,"gmtCreate":1630286100515,"gmtModify":1704957785732,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Wonderful","listText":"Wonderful","text":"Wonderful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811940296","repostId":"2163776380","repostType":4,"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":827156704,"gmtCreate":1634435927225,"gmtModify":1634435927427,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/827156704","repostId":"2175445941","repostType":4,"repost":{"id":"2175445941","pubTimestamp":1634435669,"share":"https://www.laohu8.com/m/news/2175445941?lang=&edition=full","pubTime":"2021-10-17 09:54","market":"hk","language":"zh","title":"换电建设标准预计年内发布，多家上市公司参与","url":"https://stock-news.laohu8.com/highlight/detail?id=2175445941","media":"上海证券报 ","summary":"记者近日从中国汽车工业协会(充电联盟)获悉，《电动乘用车共享换电站建设规范》（简称《规范》）团体标准已经通过审查，预计于年内正式发布。\n在标准制定的过程中，宁德时代、欣旺达等多家上市公司深度参与。换电","content":"<div>\n<p>记者近日从中国汽车工业协会(充电联盟)获悉，《电动乘用车共享换电站建设规范》（简称《规范》）团体标准已经通过审查，预计于年内正式发布。\n在标准制定的过程中，宁德时代、欣旺达等多家上市公司深度参与。换电领域相关公司有望在即将到来的换电大潮中大展宏图。\n换电站建设标准将在年内正式发布\n中国充电联盟本月在北京召开了《规范》团体标准报批审查会。在审查过程中，与会专家重点就共享换电站所涉及的电压平台和电池包...</p>\n\n<a href=\"https://mp.weixin.qq.com/s?__biz=MjM5MDIwNDEyMg==&mid=2650836172&idx=5&sn=3898f063040a1794b95777615239a494&chksm=bdbc45798acbcc6fa9409452659c4c89c3e4f2c3ae13a10bcc3ad9c27277e18afbed565bb856\">Web Link</a>\n\n</div>\n","source":"shzqb","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>换电建设标准预计年内发布，多家上市公司参与</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n换电建设标准预计年内发布，多家上市公司参与\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-17 09:54 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s?__biz=MjM5MDIwNDEyMg==&mid=2650836172&idx=5&sn=3898f063040a1794b95777615239a494&chksm=bdbc45798acbcc6fa9409452659c4c89c3e4f2c3ae13a10bcc3ad9c27277e18afbed565bb856><strong>上海证券报 </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>记者近日从中国汽车工业协会(充电联盟)获悉，《电动乘用车共享换电站建设规范》（简称《规范》）团体标准已经通过审查，预计于年内正式发布。\n在标准制定的过程中，宁德时代、欣旺达等多家上市公司深度参与。换电领域相关公司有望在即将到来的换电大潮中大展宏图。\n换电站建设标准将在年内正式发布\n中国充电联盟本月在北京召开了《规范》团体标准报批审查会。在审查过程中，与会专家重点就共享换电站所涉及的电压平台和电池包...</p>\n\n<a href=\"https://mp.weixin.qq.com/s?__biz=MjM5MDIwNDEyMg==&mid=2650836172&idx=5&sn=3898f063040a1794b95777615239a494&chksm=bdbc45798acbcc6fa9409452659c4c89c3e4f2c3ae13a10bcc3ad9c27277e18afbed565bb856\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/dd3f944cb946cded615557bb29da37d8","relate_stocks":{"NIO":"蔚来","02238":"广汽集团"},"source_url":"https://mp.weixin.qq.com/s?__biz=MjM5MDIwNDEyMg==&mid=2650836172&idx=5&sn=3898f063040a1794b95777615239a494&chksm=bdbc45798acbcc6fa9409452659c4c89c3e4f2c3ae13a10bcc3ad9c27277e18afbed565bb856","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2175445941","content_text":"记者近日从中国汽车工业协会(充电联盟)获悉，《电动乘用车共享换电站建设规范》（简称《规范》）团体标准已经通过审查，预计于年内正式发布。\n在标准制定的过程中，宁德时代、欣旺达等多家上市公司深度参与。换电领域相关公司有望在即将到来的换电大潮中大展宏图。\n换电站建设标准将在年内正式发布\n中国充电联盟本月在北京召开了《规范》团体标准报批审查会。在审查过程中，与会专家重点就共享换电站所涉及的电压平台和电池包包容尺寸等问题开展了充分的讨论。经过审查，专家组一致同意《规范》通过审查。\n中国电动汽车充电基础设施促进联盟理事长董扬在审查会上表示，换电形式是新能源汽车的重要补能形式之一，其标准化工作也越来越重要。\n记者了解到，当前，蔚来、北汽新能源、上汽集团、吉利汽车、广汽集团等主流车企均已加入换电阵营，目前已有30家企业59款换电车型产品。不过由于换电标准不统一，各个车企都是各自为营，缺乏统一的行业标准。\n为了统一标准，推进共享，《规范》小到换电站标识标语、大到换电站整体选址建设，均进行了细致规范。\n据介绍，该标准在公开征求意见的过程中共计收到各方面的反馈意见约280余条，标准编制工作组逐一进行了分析和回复。通过审查后，标准预计于年内正式发布。\n换电试点工作有望加速普及\n中国汽车动力电池产业创新联盟秘书长许艳华在发言中表示，刚刚过去的国庆节充电难问题进一步凸显，换电具有效率高、安全性好等优点。建议结合工业和信息化部联合国家能源局开展的城市换电试点工作开展本标准的推广应用。\n换电试点工作正在推进过程中。9月1日，合肥已经启动新能源汽车换电试点城市的申报工作，北京、上海、广州、海口等城市也开始进行换电模式的探索。按照有关政策，今年下半年，我国将在全国范围内开展换电模式应用试点，在试点城市开展换电模式车辆推广，鼓励在公交、出租、城市物流配送、港口、矿山等公共领域率先试点，在私人领域推动商业化运营。此次系列标准的推出无疑将为换电试点提供助力，加速换电模式普及。\n记者了解到，《规范》是一套团体标准，不具有强制性。标准会根据各方反馈和行业技术、市场发展情况不断做出实用性调整。试点应用推广成熟以后，不排除上升成为国家标准的可能。\n龙头企业即将大展宏图\n根据中国电动汽车充电基础设施促进联盟专家的介绍，在系列团体标准制定过程中，各环节企业都有参与，对统一换电标准的诉求非常强、积极性非常高。\n多家上市公司还派出专家代表参加了标准审查会。深度参与标准制定的龙头公司包括宁德时代、欣旺达、广汽集团、蔚来、北汽新能源、展鹏科技子公司杭州伯坦科技工程有限公司、协鑫集团有限公司、奥动新能源汽车科技有限公司等。\n随着标准的明确和试点的普及，这些龙头企业已经准备好大干一场。\n蔚来汽车7月发布了换电站布局计划，拟于2025年底，在全球范围内布局超过4000座换电站。\n奥动新能源董事长蔡东青5月时宣布，5年内要完成10000座换电站投建目标。\n国内换电站市场已经形成蓄势待发的势头。东方证券分析师卢日鑫测算，到2025年，我国换电站运营端市场规模将达到2631亿元。","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824428938,"gmtCreate":1634348175191,"gmtModify":1634348176854,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Going 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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630615505,"share":"https://www.laohu8.com/m/news/2164829818?lang=&edition=full","pubTime":"2021-09-03 04:45","market":"us","language":"en","title":"S&P, Nasdaq edge to record closes, energy stocks buoyant","url":"https://stock-news.laohu8.com/highlight/detail?id=2164829818","media":"Reuters","summary":"Energy stocks rally on oil price gains\nWeekly jobless claims fall\nIndexes up: Dow 0.37%, S&P 0.28%, ","content":"<ul>\n <li>Energy stocks rally on oil price gains</li>\n <li>Weekly jobless claims fall</li>\n <li>Indexes up: Dow 0.37%, S&amp;P 0.28%, Nasdaq 0.14%</li>\n</ul>\n<p>Sept 2 (Reuters) - The S&amp;P 500 and Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain, as higher commodity prices helped energy names recover ground and the latest jobs data left investors unfazed about existing positions.</p>\n<p>The energy sector rose 2.5%, reversing much of the loss suffered during the first three days of the week. Thursday's performance was fueled by U.S. crude prices jumping 2% on a sharp decline in U.S. inventories and a weaker dollar.</p>\n<p>Cabot Oil &amp; Gas Corp and Occidental Petroleum Corp&nbsp;were the largest risers, up 6.7% and 6% respectively, with oil majors Exxon Mobil and Chevron Corp both advancing more than 2%.</p>\n<p>The technology index slipped into negative territory, as some of the industry's largest companies saw their recent upward momentum stall.</p>\n<p>Amazon.com Inc, Microsoft Corp, <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Google-owner Alphabet Inc all fell between 0.2% and 1.8%. A notable exception was Netflix Inc, which advanced 1.1% to close at an all-time high.</p>\n<p>U.S. stocks have regularly hit record highs over the past few weeks as a solid corporate earnings season and hopes of continued central bank support underpinned confidence.</p>\n<p>Still, each new data set is viewed through the prism of whether the numbers might influence the Federal Reserve's tapering timetable.</p>\n<p>\"I feel like sometimes we end up trying to read the tea-leaves too hard, and the Fed has been pretty good on communicating on (tapering),\" said Jason Pride, chief investment officer of private wealth at Glenmede, noting the Fed remains on the path to begin tapering around year-end.</p>\n<p>Data on Thursday showed the number of Americans filing new claims for jobless benefits fell last week, although the focus will be on the Labor Department's monthly jobs report on Friday to set the stage for the Fed's policy meeting later this month.</p>\n<p>\"You have to see very wide beats or misses in this data to really change people's minds,\" said Greg Boutle, U.S. head of equity and derivative strategy at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>\"Investors are either in this renormalization camp that thinks inflation will not happen, or they believe there will be some persistence to inflation. Really, it will be a collection of beats or misses that will move the needle for investors and the Fed, rather than a single data point.\"</p>\n<p>The Dow Jones Industrial Average rose 131.29 points, or 0.37%, to 35,443.82, the S&amp;P 500 gained 12.86 points, or 0.28%, to 4,536.95 and the Nasdaq Composite added 21.80 points, or 0.14%, to 15,331.18.</p>\n<p>Despite deadly flash floods in New York City, trading on Wall Street was operating normally.</p>\n<p>Wells Fargo rose 2.6% after three straight sessions of losses. The lender had been weighed by a report it could face further regulatory sanctions over the pace of compensating victims of a years-long sales practice scandal.</p>\n<p>Volume on U.S. exchanges was 9.23 billion shares, compared with the 9.01 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 78 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 154 new highs and 14 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</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>S&P, Nasdaq edge to record closes, energy stocks buoyant</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\">\nS&P, Nasdaq edge to record closes, energy stocks buoyant\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-03 04:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Energy stocks rally on oil price gains</li>\n <li>Weekly jobless claims fall</li>\n <li>Indexes up: Dow 0.37%, S&amp;P 0.28%, Nasdaq 0.14%</li>\n</ul>\n<p>Sept 2 (Reuters) - The S&amp;P 500 and Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain, as higher commodity prices helped energy names recover ground and the latest jobs data left investors unfazed about existing positions.</p>\n<p>The energy sector rose 2.5%, reversing much of the loss suffered during the first three days of the week. Thursday's performance was fueled by U.S. crude prices jumping 2% on a sharp decline in U.S. inventories and a weaker dollar.</p>\n<p>Cabot Oil &amp; Gas Corp and Occidental Petroleum Corp&nbsp;were the largest risers, up 6.7% and 6% respectively, with oil majors Exxon Mobil and Chevron Corp both advancing more than 2%.</p>\n<p>The technology index slipped into negative territory, as some of the industry's largest companies saw their recent upward momentum stall.</p>\n<p>Amazon.com Inc, Microsoft Corp, <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Google-owner Alphabet Inc all fell between 0.2% and 1.8%. A notable exception was Netflix Inc, which advanced 1.1% to close at an all-time high.</p>\n<p>U.S. stocks have regularly hit record highs over the past few weeks as a solid corporate earnings season and hopes of continued central bank support underpinned confidence.</p>\n<p>Still, each new data set is viewed through the prism of whether the numbers might influence the Federal Reserve's tapering timetable.</p>\n<p>\"I feel like sometimes we end up trying to read the tea-leaves too hard, and the Fed has been pretty good on communicating on (tapering),\" said Jason Pride, chief investment officer of private wealth at Glenmede, noting the Fed remains on the path to begin tapering around year-end.</p>\n<p>Data on Thursday showed the number of Americans filing new claims for jobless benefits fell last week, although the focus will be on the Labor Department's monthly jobs report on Friday to set the stage for the Fed's policy meeting later this month.</p>\n<p>\"You have to see very wide beats or misses in this data to really change people's minds,\" said Greg Boutle, U.S. head of equity and derivative strategy at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>\"Investors are either in this renormalization camp that thinks inflation will not happen, or they believe there will be some persistence to inflation. Really, it will be a collection of beats or misses that will move the needle for investors and the Fed, rather than a single data point.\"</p>\n<p>The Dow Jones Industrial Average rose 131.29 points, or 0.37%, to 35,443.82, the S&amp;P 500 gained 12.86 points, or 0.28%, to 4,536.95 and the Nasdaq Composite added 21.80 points, or 0.14%, to 15,331.18.</p>\n<p>Despite deadly flash floods in New York City, trading on Wall Street was operating normally.</p>\n<p>Wells Fargo rose 2.6% after three straight sessions of losses. The lender had been weighed by a report it could face further regulatory sanctions over the pace of compensating victims of a years-long sales practice scandal.</p>\n<p>Volume on U.S. exchanges was 9.23 billion shares, compared with the 9.01 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 78 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 154 new highs and 14 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164829818","content_text":"Energy stocks rally on oil price gains\nWeekly jobless claims fall\nIndexes up: Dow 0.37%, S&P 0.28%, Nasdaq 0.14%\n\nSept 2 (Reuters) - The S&P 500 and Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain, as higher commodity prices helped energy names recover ground and the latest jobs data left investors unfazed about existing positions.\nThe energy sector rose 2.5%, reversing much of the loss suffered during the first three days of the week. Thursday's performance was fueled by U.S. crude prices jumping 2% on a sharp decline in U.S. inventories and a weaker dollar.\nCabot Oil & Gas Corp and Occidental Petroleum Corp were the largest risers, up 6.7% and 6% respectively, with oil majors Exxon Mobil and Chevron Corp both advancing more than 2%.\nThe technology index slipped into negative territory, as some of the industry's largest companies saw their recent upward momentum stall.\nAmazon.com Inc, Microsoft Corp, Facebook Inc and Google-owner Alphabet Inc all fell between 0.2% and 1.8%. A notable exception was Netflix Inc, which advanced 1.1% to close at an all-time high.\nU.S. stocks have regularly hit record highs over the past few weeks as a solid corporate earnings season and hopes of continued central bank support underpinned confidence.\nStill, each new data set is viewed through the prism of whether the numbers might influence the Federal Reserve's tapering timetable.\n\"I feel like sometimes we end up trying to read the tea-leaves too hard, and the Fed has been pretty good on communicating on (tapering),\" said Jason Pride, chief investment officer of private wealth at Glenmede, noting the Fed remains on the path to begin tapering around year-end.\nData on Thursday showed the number of Americans filing new claims for jobless benefits fell last week, although the focus will be on the Labor Department's monthly jobs report on Friday to set the stage for the Fed's policy meeting later this month.\n\"You have to see very wide beats or misses in this data to really change people's minds,\" said Greg Boutle, U.S. head of equity and derivative strategy at BNP Paribas.\n\"Investors are either in this renormalization camp that thinks inflation will not happen, or they believe there will be some persistence to inflation. Really, it will be a collection of beats or misses that will move the needle for investors and the Fed, rather than a single data point.\"\nThe Dow Jones Industrial Average rose 131.29 points, or 0.37%, to 35,443.82, the S&P 500 gained 12.86 points, or 0.28%, to 4,536.95 and the Nasdaq Composite added 21.80 points, or 0.14%, to 15,331.18.\nDespite deadly flash floods in New York City, trading on Wall Street was operating normally.\nWells Fargo rose 2.6% after three straight sessions of losses. The lender had been weighed by a report it could face further regulatory sanctions over the pace of compensating victims of a years-long sales practice scandal.\nVolume on U.S. exchanges was 9.23 billion shares, compared with the 9.01 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 78 new 52-week highs and one new low; the Nasdaq Composite recorded 154 new highs and 14 new lows.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816149197,"gmtCreate":1630482211319,"gmtModify":1631889408887,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816149197","repostId":"2164869989","repostType":4,"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":841549228,"gmtCreate":1635928510308,"gmtModify":1635928510390,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/841549228","repostId":"1180070722","repostType":4,"isVote":1,"tweetType":1,"viewCount":1021,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849839426,"gmtCreate":1635740522313,"gmtModify":1635740522391,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849839426","repostId":"1141080775","repostType":4,"isVote":1,"tweetType":1,"viewCount":1251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858626505,"gmtCreate":1635047173685,"gmtModify":1635047173966,"author":{"id":"4091789387379480","authorId":"4091789387379480","name":"28d4725d","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091789387379480","authorIdStr":"4091789387379480"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858626505","repostId":"1181930399","repostType":4,"repost":{"id":"1181930399","pubTimestamp":1635043029,"share":"https://www.laohu8.com/m/news/1181930399?lang=&edition=full","pubTime":"2021-10-24 10:37","market":"sh","language":"zh","title":"房地产税试点政策启动将近，影响几何？","url":"https://stock-news.laohu8.com/highlight/detail?id=1181930399","media":"静观金融","summary":"2021年10月23日第十三届全国人民代表大会常务委员会第三十一次会议（后文简称“会议”）通过关于授权国务院在部分地区开展房地产税改革试点工作的决定。细则尚未出台，本文仅能做如下讨论：房（地）产税征收","content":"<p>2021年10月23日第十三届全国人民代表大会常务委员会第三十一次会议（后文简称“会议”）通过关于授权国务院在部分地区开展房地产税改革试点工作的决定。细则尚未出台，本文仅能做如下讨论：房（地）产税征收与用途的国际案例；本次试点城市的可能范围及推行基调；房地产税试点政策落地对经济与市场的或有影响。</p>\n<p><b>美国、日本、韩国的房产税（非房地产税）征收存在校对共性：</b>房产税对所有的工商业住房和个人住房征税，计税依据为房产评估值，实行差别化税率，税收收入多用于教育等社会福利支出及城市基础设施建设支出。</p>\n<p><b>我们预计地产市场过热程度越高的城市越有可能列入试点。</b>“国务院按照积极稳妥的原则，统筹考虑深化试点与统一立法、促进房地产市场平稳健康发展等情况确定试点地区”的表述或说明将选取国内地产“过热”城市作为试点。我们根据人口净流入、房价收入比、房价增速对各城市“地产热度”进行打分评估并得出TOP20城市，最终或选取其中部分有代表性的城市作为房地产税试点地区。当然，也不排除试点城市不在此列的可能性。</p>\n<p><b>如何推行房地产税？“宽税基、低税率”或为基本基调。</b>十三五以来中国房地产市场已从总量调控逐渐转向因城施政的结构性调节阶段。此次房地产税试点办法或仍延续因城施政的思路。国际案例亦证明了因城施政推进房地产税的可行性。若试点城市均为过去数年房地产热度较高的城市、且在共同富裕的背景下，预计房地产税或以“宽税基、低税率”为基本基调。</p>\n<p><b>房地产税或有三点意图：缓解财税压力；调节社会结构；助力经济转型。</b>国际经验表明国内落地房地产税的用意之一或是增加税源、缓解财税支出压力。此外，房地产税还可以有效防止房产相关的资产性收入加剧贫富分化进而达到调节社会结构的目标。就当下而言，房地产税落地亦有助力十四五经济结构转型的意义。首先，国际经验证明抚养比触底回升后，地产过热容易触发经济危机。2011年我国已经迎来抚养比拐点，一旦中国地产市场整体过热就容易出现经济风险。第二，房价大幅波动特别是高房价会对一般型消费形成挤出。十四五期间中国经济目标是转型，十四五中国经济的转型方向是“消费大国叠加制造大国”。坚持房住不炒、确保房地产市场的平稳运行，是经济转型的关键。</p>\n<p><b>房地产税一旦落地，对资本市场有何影响？</b>推进房地产税具有较明显的信号意义，我们维持10月10日报告《关于明年消费企稳的第三个逻辑》观点，看好明年的大众消费，A股风格也将逐渐向此方向切换。</p>\n<p><b>正文</b></p>\n<p>2021年10月23日第十三届全国人民代表大会常务委员会第三十一次会议（后文简称“会议”）通过关于授权国务院在部分地区开展房地产税改革试点工作的决定。尽管房地产税被讨论多年，亦于2011年在上海、重庆两市进行试点，但这一决定仍超市场预期。由于细则尚未出台，因此本文我们仅能做如下讨论：房（地）产税征收与用途的国际案例；本次试点城市的可能范围及推行基调；房地产税落地对经济与市场的或有影响。</p>\n<p><b>一、海外房产税案例综述</b></p>\n<p>事实上，中国以房地产为征税对象的税种共六种，分别是房产税、城市房地产税、土地增值税、城镇土地使用税、耕地占用税和契税，比海外的情况要复杂许多。因此，国际经验方面，我们仅梳理其中的房产税案例。从美国、日本、韩国的房产税征收共性经验来看，房产税对所有的工商业住房和个人住房征税，计税依据为房产评估值，实行差别化税率，税收收入多用于教育等社会福利支出及城市基础设施建设支出。</p>\n<p><img src=\"https://static.tigerbbs.com/f766514dd0604c2384d5519fcf2a41c6\" tg-width=\"1014\" tg-height=\"421\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><b>（一）美国</b></p>\n<p><b>历史沿革：</b>1818年，伊利诺伊州开始实行一般房地产税(General Property Tax）制度，通过了对所有类型的动产、不动产均按照同一税率征收的条款，到1896年已有33个州在宪法中加入该项条款。20世纪70年代美国经济滞胀时期发生的保有房地产抗税风潮，加州修正宪法对房产税普通税率和评估值增长幅度等方面进行明确限制，后续其他各州纷纷效仿，逐渐形成美国现行房产税制度。</p>\n<p><b>征税机制：</b>美国实行分税制，州政府和地方政府共同享有征收房地产税的权利，州政府负责制定房地产税估价体系、税率制度和监督，地方政府负责征收和评估。不同地区负责征评的部门略有不同。</p>\n<p>美国各州房地产税税率不同，且相差较大。实际税率最高的3个州为：新泽西州（2.13%）、伊利诺伊州（1.95%）、新罕布什尔州（1.94%）；税率最低的3个州为：夏威夷州（0.3%）、亚拉巴马州（0.37%）、路易斯安那州（0.51%）。税率范围0.3%-2.13%，最高相差7.1倍。</p>\n<p><b>税收收入用途：</b>美国的房地产税收入主要用于K-12教育，以及支持县、特区和地方（主要由营业税资助）的地方服务（包括消防、娱乐、供水和下水道基础设施、图书馆和县道维护）。根据美国纽约《Property Tax Guide》，截至2020年6月30日，房地产税收入占纽约市税收收入的47%，而纽约市税收收入中的31%用于教育，28%用于警察、消防、卫生、管教等政府机构。</p>\n<p><img src=\"https://static.tigerbbs.com/0f194ce01b639b40162ec8d783e9db69\" tg-width=\"958\" tg-height=\"752\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/772c7ed9d7b755a0987e7a7ea9045db1\" tg-width=\"958\" tg-height=\"374\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><b>（二）日本</b></p>\n<p><b>历史沿革：</b>明治六年（1873年）日本政府制定了《地租改革条例》；昭和六年（1931年）用《地租法》取代了原来的地租条例，规定地租的计税基础从土地价格改为土地的租赁价格，税率统一为3.8％，使得地租变成了具有明确收益税性质的税种；二战后，为恢复日本经济，日本众议院地方行政委员会于1950年3月25日提出了地方税法的改革方案，增强地方政府的财政力量。市町村在保有环节主要征收固定资产税、城市规划税和营业场所税。</p>\n<p><b>征税机制：</b>固定资产税和城市规划税都是根据评估值征税。评估值是根据总务大臣制订的固定资产评估标准评估，由知事或市町村长决定该价格之后（由当地任命的固定资产评估师从事具体的评估工作），在固定资产课税台帐上进行登记。每三年进行一次重新评估，重新评估的年度称作基准年度。</p>\n<p><b>税收收入用途：</b>日本的固定资产税主要用于各种行政服务，例如加强教育、文化和福利，促进工业和城市发展。城市规划税用于城市规划设施（如公园、道路和下水道）的建设和维护相关的项目。</p>\n<p><b>（三）韩国</b></p>\n<p><b>历史沿革：</b>1950年起，韩国对土地和房屋征收保有房地产税，单一税率且税负较轻。1990年，政府加大对土地保有环节的征税力度。2005年为有效遏制房地产投机行为，韩国政府推出了综合不动产税以及更加严厉的房产转让所得税。</p>\n<p><b>征税机制：</b>综合不动产税由中央国税厅负责征收，征税对象是市场价值高于6亿韩元的住宅（单户住宅的免征额为9亿韩元）、市场价值高于5亿韩元的土地及市场价值高于80亿韩元的房地产（住宅和土地合并计算）。韩国税基评估机构主要由中央不动产评估委员会、地方不动产评估委员会及相关评估部门和官员组成。</p>\n<p><b>税收收入用途：</b>韩国的保有房地产税用于当地教育、图书馆等公共设施、公务人员工资等地方政府的财政开支。</p>\n<p><b>二、试点城市花落谁家？如何推行？</b></p>\n<p><b>（一）地产市场过热程度越高，越有可能列入试点</b></p>\n<p>会议指出，“国务院按照积极稳妥的原则，统筹考虑深化试点与统一立法、促进房地产市场平稳健康发展等情况确定试点地区”，我们认为该表述意在选取国内房地产“过热”的城市作为试点地区。我们选取人口净流入、房价收入比、近10年房价增速三个指标，人口净流入越大、房价收入比越高、房价增速越快，则房市“过热”程度越高。我们将上述指标分别赋权给各个城市进行打分，计算结果如表3，排名越高表明该城市房地产热度越高。考虑各地政策和发展方向差异，我们认为更大的可能性是从下表中选取若干有代表性的城市作为房地产税试点地区。当然，我们也不排除试点城市不在下表之列的可能性。</p>\n<p><img src=\"https://static.tigerbbs.com/b9222852a23761cc022f395315a12bc4\" tg-width=\"816\" tg-height=\"801\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><b>（二）如何推行房地产税？“宽税基、低税率”或为基本基调</b></p>\n<p>2015年12月的中央经济工作会议上提出了“三去一降一补”任务。在此背景下，2016年两会的政府工作报告中又强调了因城施政化解地产库存。自此，中国房地产市场已经从总量整体调控逐渐转向因地制宜、因城施政的结构性调节阶段。</p>\n<p>本次会议指出，国务院制定房地产税试点具体办法，试点地区人民政府制定具体实施细则。国务院及其有关部门、试点地区人民政府应当构建科学可行的征收管理模式和程序。也就是说，此次房地产税试点办法或仍延续了过去5年中国房地产市场的调控思路，也即：因城施政。并且，前文提到的国际案例亦证明了因地制宜、因城施政推进房地产税的可行性。但若试点城市均为过去数年房地产热度较高的城市、且在共同富裕的背景下，预计房地产税或以“宽税基、低税率”为基本基调。</p>\n<p><b>三、房地产税或有三点意图：缓解财税压力；调节社会结构；助力经济转型</b></p>\n<p>国际经验显示，房产税（并非房地产税）的收入主要被用于教育、公共设施等方面，也即：国内房地产税落地的用意之一或是增加税源、缓解财税支出压力，增加公共福利。此外，房地产税落地或还有两点意图，一是调节社会结构，防止房产相关的资产性收入加剧贫富分化；二是助力十四五经济结构转型。在这里我们主要阐述最后一点。</p>\n<p><img src=\"https://static.tigerbbs.com/437ebd97ecca97186219b9892d648b1d\" tg-width=\"827\" tg-height=\"467\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/f8eb12f38826d9d00d742a22c1af26f3\" tg-width=\"826\" tg-height=\"486\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>首先，房价大幅波动会对一般型消费形成挤出。</b>很多人认为房价下跌会导致“资产缩水”进而掣肘消费，事实上房价过快上涨亦会对消费产生挤出。我们以房价收入比较高的上海及北京为例。在社零消费中“吃”是最为大众、日常、接地气的消费。如图1-2所示，2014年直至疫前，每次新建住宅价格同比大涨，上海与北京“吃”的商品消费同比增速（剔除食品通胀因素）中枢又会下移；相反每次新建住宅价格同比回落，上海与北京“吃”的商品消费同比增速（剔除食品通胀因素）中枢又会回升。这在一定程度上反映了高房价对大众消费存在挤出效应</p>\n<p><b>其次，国际经验证明抚养比触底回升后，地产过热容易触发经济危机。</b>90年代初的日本、2008年的美国以及2009-2011年的欧洲均出现了经济危机，且皆与地产泡沫破灭有关。上述三次地产泡沫破灭有两点共性。一方面，经济危机前国际清算银行（BIS）的信贷缺口指标（超过预警值10%）均提示了地产市场呈现泡沫化迹象；另一方面，经济危机爆发前上述三个经济体均迎来抚养比拐点。事实上，中国抚养比在2011年已经拐头回升，由此可见，一旦中国地产市场整体过热就容易出现经济风险。</p>\n<p>十四五期间中国经济目标是转型，转型期经济增速中枢会进一步下移且经济增长弹性亦将变小，意味着经济承受风险的能力会偏弱。此外，十四五中国经济的转型方向是“消费大国叠加制造大国”。基于中国人口结构与大众消费对于房价的高敏感度，因此坚持房住不炒、确保房地产市场的平稳运行，是助力经济转型的关键一步。</p>\n<p><img src=\"https://static.tigerbbs.com/6d4690f4101b8142fe7588f699340f03\" tg-width=\"827\" tg-height=\"453\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/f3523efcb652370dbd348c2ad5bf1cb2\" tg-width=\"1018\" tg-height=\"540\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/049ba8b4c5e6af155a2254356bf88154\" tg-width=\"1032\" tg-height=\"585\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><b>四、房地产税一旦落地，对资本市场有何影响？</b></p>\n<p>由于缺乏细则，我们很难给出明确的判断，但是会议表示“促进房地产市场平稳健康发展”，因此我们认为该事件大概率不会对国内房地产形成极大的负面扰动。但是其信号意义较为突出。在习近平总书记重要文章《扎实推动共同富裕》中提到，“促进共同富裕，总的思路是，坚持以人民为中心的发展思想，在高质量发展中促进共同富裕，正确处理效率和公平的关系，构建初次分配、再分配、三次分配协调配套的基础性制度安排，加大税收、社保、转移支付等调节力度并提高精准性，扩大中等收入群体比重，增加低收入群体收入，合理调节高收入，取缔非法收入，形成中间大、两头小的橄榄型分配结构，促进社会公平正义，促进人的全面发展，使全体人民朝着共同富裕目标扎实迈进。第一，提高发展的平衡性、协调性、包容性。第二，着力扩大中等收入群体规模。第三，促进基本公共服务均等化。第四，加强对高收入的规范和调节。第五，促进人民精神生活共同富裕。第六，促进农民农村共同富裕。”在此基调下，未来政策大概率将约束高端消费、提高中低收入群体收入并提振大众消费。</p>\n<p>此外，近年来，中国的政策往往是在相对高增长的年份调结构、增长有压力的年份稳增长。今年前三季度中国实际GDP增速高达9.8%，因此今年是典型的调结构年份。但明年出口放缓、地产投资中枢存在一定下移风险的背景下，经济下行压力渐大，因此2022年或将出台一系列稳增长政策。结合前文，我们预计中低收入群体与大众消费将是受益群体与受益领域。</p>\n<p><b>我们维持此前观点，看好明年的大众消费，A股风格也将逐渐向此方向切换。</b></p>","source":"lsy1571618842096","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>房地产税试点政策启动将近，影响几何？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ 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margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n房地产税试点政策启动将近，影响几何？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-24 10:37 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/vaRORgi0Link9JQkGXkz6w><strong>静观金融</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2021年10月23日第十三届全国人民代表大会常务委员会第三十一次会议（后文简称“会议”）通过关于授权国务院在部分地区开展房地产税改革试点工作的决定。细则尚未出台，本文仅能做如下讨论：房（地）产税征收与用途的国际案例；本次试点城市的可能范围及推行基调；房地产税试点政策落地对经济与市场的或有影响。\n美国、日本、韩国的房产税（非房地产税）征收存在校对共性：房产税对所有的工商业住房和个人住房征税，计税...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/vaRORgi0Link9JQkGXkz6w\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/608050dd914299a362b9401198e440ce","relate_stocks":{"000001.SH":"上证指数"},"source_url":"https://mp.weixin.qq.com/s/vaRORgi0Link9JQkGXkz6w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181930399","content_text":"2021年10月23日第十三届全国人民代表大会常务委员会第三十一次会议（后文简称“会议”）通过关于授权国务院在部分地区开展房地产税改革试点工作的决定。细则尚未出台，本文仅能做如下讨论：房（地）产税征收与用途的国际案例；本次试点城市的可能范围及推行基调；房地产税试点政策落地对经济与市场的或有影响。\n美国、日本、韩国的房产税（非房地产税）征收存在校对共性：房产税对所有的工商业住房和个人住房征税，计税依据为房产评估值，实行差别化税率，税收收入多用于教育等社会福利支出及城市基础设施建设支出。\n我们预计地产市场过热程度越高的城市越有可能列入试点。“国务院按照积极稳妥的原则，统筹考虑深化试点与统一立法、促进房地产市场平稳健康发展等情况确定试点地区”的表述或说明将选取国内地产“过热”城市作为试点。我们根据人口净流入、房价收入比、房价增速对各城市“地产热度”进行打分评估并得出TOP20城市，最终或选取其中部分有代表性的城市作为房地产税试点地区。当然，也不排除试点城市不在此列的可能性。\n如何推行房地产税？“宽税基、低税率”或为基本基调。十三五以来中国房地产市场已从总量调控逐渐转向因城施政的结构性调节阶段。此次房地产税试点办法或仍延续因城施政的思路。国际案例亦证明了因城施政推进房地产税的可行性。若试点城市均为过去数年房地产热度较高的城市、且在共同富裕的背景下，预计房地产税或以“宽税基、低税率”为基本基调。\n房地产税或有三点意图：缓解财税压力；调节社会结构；助力经济转型。国际经验表明国内落地房地产税的用意之一或是增加税源、缓解财税支出压力。此外，房地产税还可以有效防止房产相关的资产性收入加剧贫富分化进而达到调节社会结构的目标。就当下而言，房地产税落地亦有助力十四五经济结构转型的意义。首先，国际经验证明抚养比触底回升后，地产过热容易触发经济危机。2011年我国已经迎来抚养比拐点，一旦中国地产市场整体过热就容易出现经济风险。第二，房价大幅波动特别是高房价会对一般型消费形成挤出。十四五期间中国经济目标是转型，十四五中国经济的转型方向是“消费大国叠加制造大国”。坚持房住不炒、确保房地产市场的平稳运行，是经济转型的关键。\n房地产税一旦落地，对资本市场有何影响？推进房地产税具有较明显的信号意义，我们维持10月10日报告《关于明年消费企稳的第三个逻辑》观点，看好明年的大众消费，A股风格也将逐渐向此方向切换。\n正文\n2021年10月23日第十三届全国人民代表大会常务委员会第三十一次会议（后文简称“会议”）通过关于授权国务院在部分地区开展房地产税改革试点工作的决定。尽管房地产税被讨论多年，亦于2011年在上海、重庆两市进行试点，但这一决定仍超市场预期。由于细则尚未出台，因此本文我们仅能做如下讨论：房（地）产税征收与用途的国际案例；本次试点城市的可能范围及推行基调；房地产税落地对经济与市场的或有影响。\n一、海外房产税案例综述\n事实上，中国以房地产为征税对象的税种共六种，分别是房产税、城市房地产税、土地增值税、城镇土地使用税、耕地占用税和契税，比海外的情况要复杂许多。因此，国际经验方面，我们仅梳理其中的房产税案例。从美国、日本、韩国的房产税征收共性经验来看，房产税对所有的工商业住房和个人住房征税，计税依据为房产评估值，实行差别化税率，税收收入多用于教育等社会福利支出及城市基础设施建设支出。\n（一）美国\n历史沿革：1818年，伊利诺伊州开始实行一般房地产税(General Property Tax）制度，通过了对所有类型的动产、不动产均按照同一税率征收的条款，到1896年已有33个州在宪法中加入该项条款。20世纪70年代美国经济滞胀时期发生的保有房地产抗税风潮，加州修正宪法对房产税普通税率和评估值增长幅度等方面进行明确限制，后续其他各州纷纷效仿，逐渐形成美国现行房产税制度。\n征税机制：美国实行分税制，州政府和地方政府共同享有征收房地产税的权利，州政府负责制定房地产税估价体系、税率制度和监督，地方政府负责征收和评估。不同地区负责征评的部门略有不同。\n美国各州房地产税税率不同，且相差较大。实际税率最高的3个州为：新泽西州（2.13%）、伊利诺伊州（1.95%）、新罕布什尔州（1.94%）；税率最低的3个州为：夏威夷州（0.3%）、亚拉巴马州（0.37%）、路易斯安那州（0.51%）。税率范围0.3%-2.13%，最高相差7.1倍。\n税收收入用途：美国的房地产税收入主要用于K-12教育，以及支持县、特区和地方（主要由营业税资助）的地方服务（包括消防、娱乐、供水和下水道基础设施、图书馆和县道维护）。根据美国纽约《Property Tax Guide》，截至2020年6月30日，房地产税收入占纽约市税收收入的47%，而纽约市税收收入中的31%用于教育，28%用于警察、消防、卫生、管教等政府机构。\n（二）日本\n历史沿革：明治六年（1873年）日本政府制定了《地租改革条例》；昭和六年（1931年）用《地租法》取代了原来的地租条例，规定地租的计税基础从土地价格改为土地的租赁价格，税率统一为3.8％，使得地租变成了具有明确收益税性质的税种；二战后，为恢复日本经济，日本众议院地方行政委员会于1950年3月25日提出了地方税法的改革方案，增强地方政府的财政力量。市町村在保有环节主要征收固定资产税、城市规划税和营业场所税。\n征税机制：固定资产税和城市规划税都是根据评估值征税。评估值是根据总务大臣制订的固定资产评估标准评估，由知事或市町村长决定该价格之后（由当地任命的固定资产评估师从事具体的评估工作），在固定资产课税台帐上进行登记。每三年进行一次重新评估，重新评估的年度称作基准年度。\n税收收入用途：日本的固定资产税主要用于各种行政服务，例如加强教育、文化和福利，促进工业和城市发展。城市规划税用于城市规划设施（如公园、道路和下水道）的建设和维护相关的项目。\n（三）韩国\n历史沿革：1950年起，韩国对土地和房屋征收保有房地产税，单一税率且税负较轻。1990年，政府加大对土地保有环节的征税力度。2005年为有效遏制房地产投机行为，韩国政府推出了综合不动产税以及更加严厉的房产转让所得税。\n征税机制：综合不动产税由中央国税厅负责征收，征税对象是市场价值高于6亿韩元的住宅（单户住宅的免征额为9亿韩元）、市场价值高于5亿韩元的土地及市场价值高于80亿韩元的房地产（住宅和土地合并计算）。韩国税基评估机构主要由中央不动产评估委员会、地方不动产评估委员会及相关评估部门和官员组成。\n税收收入用途：韩国的保有房地产税用于当地教育、图书馆等公共设施、公务人员工资等地方政府的财政开支。\n二、试点城市花落谁家？如何推行？\n（一）地产市场过热程度越高，越有可能列入试点\n会议指出，“国务院按照积极稳妥的原则，统筹考虑深化试点与统一立法、促进房地产市场平稳健康发展等情况确定试点地区”，我们认为该表述意在选取国内房地产“过热”的城市作为试点地区。我们选取人口净流入、房价收入比、近10年房价增速三个指标，人口净流入越大、房价收入比越高、房价增速越快，则房市“过热”程度越高。我们将上述指标分别赋权给各个城市进行打分，计算结果如表3，排名越高表明该城市房地产热度越高。考虑各地政策和发展方向差异，我们认为更大的可能性是从下表中选取若干有代表性的城市作为房地产税试点地区。当然，我们也不排除试点城市不在下表之列的可能性。\n（二）如何推行房地产税？“宽税基、低税率”或为基本基调\n2015年12月的中央经济工作会议上提出了“三去一降一补”任务。在此背景下，2016年两会的政府工作报告中又强调了因城施政化解地产库存。自此，中国房地产市场已经从总量整体调控逐渐转向因地制宜、因城施政的结构性调节阶段。\n本次会议指出，国务院制定房地产税试点具体办法，试点地区人民政府制定具体实施细则。国务院及其有关部门、试点地区人民政府应当构建科学可行的征收管理模式和程序。也就是说，此次房地产税试点办法或仍延续了过去5年中国房地产市场的调控思路，也即：因城施政。并且，前文提到的国际案例亦证明了因地制宜、因城施政推进房地产税的可行性。但若试点城市均为过去数年房地产热度较高的城市、且在共同富裕的背景下，预计房地产税或以“宽税基、低税率”为基本基调。\n三、房地产税或有三点意图：缓解财税压力；调节社会结构；助力经济转型\n国际经验显示，房产税（并非房地产税）的收入主要被用于教育、公共设施等方面，也即：国内房地产税落地的用意之一或是增加税源、缓解财税支出压力，增加公共福利。此外，房地产税落地或还有两点意图，一是调节社会结构，防止房产相关的资产性收入加剧贫富分化；二是助力十四五经济结构转型。在这里我们主要阐述最后一点。\n\n首先，房价大幅波动会对一般型消费形成挤出。很多人认为房价下跌会导致“资产缩水”进而掣肘消费，事实上房价过快上涨亦会对消费产生挤出。我们以房价收入比较高的上海及北京为例。在社零消费中“吃”是最为大众、日常、接地气的消费。如图1-2所示，2014年直至疫前，每次新建住宅价格同比大涨，上海与北京“吃”的商品消费同比增速（剔除食品通胀因素）中枢又会下移；相反每次新建住宅价格同比回落，上海与北京“吃”的商品消费同比增速（剔除食品通胀因素）中枢又会回升。这在一定程度上反映了高房价对大众消费存在挤出效应\n其次，国际经验证明抚养比触底回升后，地产过热容易触发经济危机。90年代初的日本、2008年的美国以及2009-2011年的欧洲均出现了经济危机，且皆与地产泡沫破灭有关。上述三次地产泡沫破灭有两点共性。一方面，经济危机前国际清算银行（BIS）的信贷缺口指标（超过预警值10%）均提示了地产市场呈现泡沫化迹象；另一方面，经济危机爆发前上述三个经济体均迎来抚养比拐点。事实上，中国抚养比在2011年已经拐头回升，由此可见，一旦中国地产市场整体过热就容易出现经济风险。\n十四五期间中国经济目标是转型，转型期经济增速中枢会进一步下移且经济增长弹性亦将变小，意味着经济承受风险的能力会偏弱。此外，十四五中国经济的转型方向是“消费大国叠加制造大国”。基于中国人口结构与大众消费对于房价的高敏感度，因此坚持房住不炒、确保房地产市场的平稳运行，是助力经济转型的关键一步。\n四、房地产税一旦落地，对资本市场有何影响？\n由于缺乏细则，我们很难给出明确的判断，但是会议表示“促进房地产市场平稳健康发展”，因此我们认为该事件大概率不会对国内房地产形成极大的负面扰动。但是其信号意义较为突出。在习近平总书记重要文章《扎实推动共同富裕》中提到，“促进共同富裕，总的思路是，坚持以人民为中心的发展思想，在高质量发展中促进共同富裕，正确处理效率和公平的关系，构建初次分配、再分配、三次分配协调配套的基础性制度安排，加大税收、社保、转移支付等调节力度并提高精准性，扩大中等收入群体比重，增加低收入群体收入，合理调节高收入，取缔非法收入，形成中间大、两头小的橄榄型分配结构，促进社会公平正义，促进人的全面发展，使全体人民朝着共同富裕目标扎实迈进。第一，提高发展的平衡性、协调性、包容性。第二，着力扩大中等收入群体规模。第三，促进基本公共服务均等化。第四，加强对高收入的规范和调节。第五，促进人民精神生活共同富裕。第六，促进农民农村共同富裕。”在此基调下，未来政策大概率将约束高端消费、提高中低收入群体收入并提振大众消费。\n此外，近年来，中国的政策往往是在相对高增长的年份调结构、增长有压力的年份稳增长。今年前三季度中国实际GDP增速高达9.8%，因此今年是典型的调结构年份。但明年出口放缓、地产投资中枢存在一定下移风险的背景下，经济下行压力渐大，因此2022年或将出台一系列稳增长政策。结合前文，我们预计中低收入群体与大众消费将是受益群体与受益领域。\n我们维持此前观点，看好明年的大众消费，A股风格也将逐渐向此方向切换。","news_type":1},"isVote":1,"tweetType":1,"viewCount":523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}