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你好牛啊

你好牛啊

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2022-03-22

下半年去了吧

回顾历史：“政策底”确认，“市场底”还有多远？

2021-12-09

没片源啊

手慢无：爱奇艺VR一体机到手1999元新品首降

2021-09-24

$快手-W(01024)$尾盘要拉升了

2021-09-13

$快手-W(01024)$回点血

2021-06-10

$阿里巴巴-SW(09988)$今天v起来嘛

2021-06-03

$爱奇艺(IQ)$没救了

2021-05-27

futu被强平的痛难以言说

2021-04-17

$富途控股(FUTU)$过山车

2021-04-14

$小鹏汽车(XPEV)$今夜跌幅多少9%？

2021-04-01

$富途控股(FUTU)$涨涨

2021-03-26

中q啦啦怎么样你们看好吗

2021-03-19

$涂鸦智能(TUYA)$今晚飙到38。下周到45

2021-03-10

$小鹏汽车(XPEV)$额

2021-03-10

$爱奇艺(IQ)$今天破27？

2021-02-09

$富途控股(FUTU)$98上车

2021-02-09

$富途控股(FUTU)$目标128

2021-02-04

不靠谱。。

天演药业冲刺美股IPO，去年前三季度亏损近3000万美元

2021-02-02

没办法啊监管代表的是国家积极配合没毛病

阿里巴巴：蚂蚁暂缓上市和反垄断调查是冷静反思和提升自己的重要机会

2021-01-29

$游戏驿站(GME)$开盘一会就这？？

2021-01-21

短线压力尚可

抱歉，原内容已删除

去老虎APP查看更多动态

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11:31","market":"sh","language":"zh","title":"回顾历史：“政策底”确认，“市场底”还有多远？","url":"https://stock-news.laohu8.com/highlight/detail?id=1138167209","media":"苏宁金融研究院","summary":"“政策底”与“市场底”往往并不同步。","content":"<html><head></head><body><p>作者： 黄大智</p><p>自3月16日金融委会议之后，市场经历的快速的向上反弹。高级别的会议定调，已经被市场公认为是“政策底”的到来。政策带来的反弹已经确认，但从历史表现上看，“政策底”与“市场底”往往并不同步。那么，从“政策底”到“市场底”，还有多远？</p><p>历史上的几次“政策底”</p><p>在3月16日金融委“研究当前经济形势和资本市场问题”的专题会议上，高层传达了非常明确的“政策底”信号，回应了当前市场非常关切的房地产、中概股、平台经济、港服市场等问题，市场也应声大涨。<b>类似的“政策底”信号在A股历史上也曾多次出现。</b></p><p>如2005年，上证指数在一年内从1800点左右跌至1000点左右，并在1000到1200点间横盘，最大跌幅超40%，股市经历了从2001年开始的四年熊市。从2005年1月开始，高层陆续密集出台救市政策。1月降低印花税率，2月释放险资入市信号、降息，4月股权分置改革开始。直至6月，“市场底”出现，上证指数跌至998点，市场开始反转。<b>“政策底”领先于“市场底”近半年时间。</b></p><p>第二次比较典型的“政策底”则是在2008年，受次贷危机影响，上证指数从2007年10月的6092点开始，在1年内暴跌超70%至1706点。当年9月，开始释放三大救市政策，包括印花税从双边征收改为单边征收、汇金出手购入四大行股票、国企回购，再加上“四万亿”政策的刺激，市场预期全面转变，<b>“政策底”与“市场底”几乎同步出现。</b></p><p>第三次为2009年开始的持续四年多震荡下跌的熊市。指数于2013年7月见底。但从政策“施救”的时间点来看，证监会从2012年8月即开始发布相关利好政策，包括降低交易手续费、10月暂停IPO、汇金购入银行股等。但市场在次年7月才见底，<b>“市场底”迟于“政策底”6到12个月左右。</b></p><p>第四次是更多投资者所熟悉的2015年7月股灾事件。从当年的6月27日降息降准到7月9日公安部出动，政府密集出台了各类救市政策，参与的部门也包含了十余个监管及其它众多机构势力。<b>以6月27日降息降准为标志到8月的触底反弹，“政策底”到“市场底”时间近两个月。</b></p><p><img src=\"https://static.tigerbbs.com/7de6f59b25c4c99d00435a9f989b04ca\" tg-width=\"676\" tg-height=\"362\" referrerpolicy=\"no-referrer\"/></p><p>当然，无论是“政策底”还是“市场底”，都是以历史回顾的“后视镜”的视角去看，而如果立足当时，则很难确认该底部的形成。</p><p>回到本次3月16日金融委的会议上来看，高层稳定了市场对于一系列不确定因素的预期，也明确“凡是对资本市场产生重大影响的政策，应事先与金融管理部门协调，保持政策预期的稳定和一致性”这一基本基调。但市场的反转，不仅需要政策的发声和支持，更多的时候，“市场底”也往往伴随着估值的底部，与企业盈利的向上反弹。</p><p>那么，当前股市的估值，处于什么位置了？</p><p>当前指数估值处于什么位置？</p><p>从2022年沪深A股及港股的表现来看，受内外部因素影响回调显著，市场估值已经经历明显回调，目前主要的指数已经达到历史区间的中等偏低水平。同时，受俄乌冲突、新冠疫情引发的供应链冲击、美国及部分欧洲国家货币政策收紧、国内增长依然乏力等因素影响，市场的下跌幅度及速度都引起了市场的恐慌。从目前A股及港股估值主要特征来看：</p><p><b>A股市场估值重新回到历史相对低位水平，港股估值处于历史极端低位。</b></p><p>截止3月18日，A股市场方面，沪深300指数的滚动市盈率为12.32倍，相比于2022年初的14倍，下降了超过12%，与历史中位数13.58倍（上市以来）相比，低估非常显著。市净率为1.49，与年初的1.7相比，下降幅度达到14%，与历史中位数1.69（上市以来）相比，同样低估显著。</p><p><img src=\"https://static.tigerbbs.com/e8197f4d031b1e79cac24e8a68944901\" tg-width=\"723\" tg-height=\"309\" referrerpolicy=\"no-referrer\"/></p><p>港股方面，恒生指数滚动市盈率为10.35倍，与2022年初的10.85倍相比，变化不大，但如果以3月11日低点数据来看，滚动市盈率仅为9.92倍，跌幅近9%，与历史中位数12.31（上市以来）相比，不只是低估，其估值已经接近2008年的市场底部，基本处于历史上的极端低估位置。</p><p><img src=\"https://static.tigerbbs.com/4268da602f1a76558ed69e6f753f595c\" tg-width=\"728\" tg-height=\"367\" referrerpolicy=\"no-referrer\"/></p><p>如果以中小市值公司的代表指数中证500来看，其估值也同样再度低于历史均值。截止2022年3月18日，中证500和创业板指的滚动市盈率分别为17.45倍与52.5倍，且均低于二者历史的中位数31.81倍和53.5倍。</p><p>如果抛开创业板指数不谈，从主要的沪深及港股指数来看，估值基本都处于历史分位点的极致低点或历史分位点30%的位置左右。从这个角度而言，市场在经历了本轮的下跌后，估值泡沫已经被极大的挤出，估值风险得到较为明显的释放。同时，如果将企业盈利计算在内，按照市场的一致预期看，指数的前向市盈率（即考虑盈利情况在的预期市盈率）更加被低估。沪深300指数的前向市盈率仅有10倍左右，剔除金融股的情况下，指数的前向市盈率变为15倍左右，也低于历史中位数的16.2倍左右。港股中的恒生国企指数前向市盈率和市净率更是仅有8倍和1倍，指数估值的分位点仅有38.1%和29.2%，已经基本接近2008年的最低点位。</p><p>从各行业的估值角度来看，目前多数行业估值已低于历史均值。多数行业的前向市盈率已经处于历史均值以下。休闲服务、传媒、计算机、军工、农业、家电等板块的前向市盈率估值位于历史分位数25%以下（2006年至今）。</p><p>与国际市场中其它国家相比较，本轮下跌后，A股目前整体估值同样处于较低的水平上，而港股基本处于全球市场的估值洼地。以当前的估值来看，沪深300为12.3倍左右，而美股标普500指数PETTM为21.7左右，纳斯达克指数为32倍左右。如果与其他同样处于发展中国家的新兴经济体如阿根廷、印度等国家相比较，A股低估的特点则更加明显。</p><p>从以上对比来看，当前市场指数在下跌释放估值压力后，除了创业板之外，其它主要指数整体估值基本处于历史较低点位。然而，必须要注意的是，低估并不是买入的理由。每当市场恐慌时，估值可以一再突破历史的低点。</p><p>同时，受到指数编制方式的影响，在不同的时期内，指数中各行业的构成都有极大的变化，进而影响其估值。以中证500指数为例，目前其中近20%的行业权重为包含钢铁、化工、有色、非银金融等周期类的行业，而这些周期性行业的投资，往往是“卖在低估值，买在高估值”，因此并不能进行刻舟求剑式的对比，以此作为单一的投资决策。</p><p>市场反转，需要政策、估值与盈利的共振</p><p>从以上的分析来看，3月16日的金融委专题会议大概率是当前市场的“政策底”。而从估值来看，当前沪深A股及港股的主要指数，不管与其他市场的横向对比还是与历史的纵向对比来看，也基本处于非常低估的点位。那么，这些能够确认当前的“市场底”吗？</p><p>以A股历史几次的大底情况来看，除了“政策底”的支撑，以及估值修复的反弹之外，另一个重要因素则是企业盈利的上行。再结合市场流动性对企业影响因素，多数的“市场底”会伴随几个明显的信号：</p><p>第一是流动性的放松，从宽货币向宽信用传导，进而出现社融数据的明显放量，其中社融增速、特别是中长期社融增速的增长是核心指标。这一点原因在于社融数据反应了企业的投资意愿，当社融数据放量时，经过 3-6个月的传导，会显著影响企业的盈利增速，进而改变企业的基本面。</p><p>第二是估值极致反转。当前市场下，A股估值受到很多因素的压制，虽然向下空间有限，但向上突破仍然需要有利因素的催化。其中典型的因素包括俄乌冲突的外部诱因缓和、金融风险得到缓释，美联储加息及缩表不超市场预期等。</p><p>第三是政策释放的托底信号，这一点当前已经表现的较为明显。</p><p>第四是股市交易热情的高涨，包括交易量的放大、换手率的提高，新基金发行显著放量等。</p><p>综合来看，政策及估值是当前市场反转的有利因素，而企业的盈利则尚未见到明显的好转趋势，这一点尚且需要重点关注一季度企业的盈利增速，以及更高频的月度社融数据。</p></body></html>","source":"lsy1568689437122","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>回顾历史：“政策底”确认，“市场底”还有多远？</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回顾历史：“政策底”确认，“市场底”还有多远？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 11:31 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.gelonghui.com/p/516528><strong>苏宁金融研究院</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>作者： 黄大智自3月16日金融委会议之后，市场经历的快速的向上反弹。高级别的会议定调，已经被市场公认为是“政策底”的到来。政策带来的反弹已经确认，但从历史表现上看，“政策底”与“市场底”往往并不同步。那么，从“政策底”到“市场底”，还有多远？历史上的几次“政策底”在3月16日金融委“研究当前经济形势和资本市场问题”的专题会议上，高层传达了非常明确的“政策底”信号，回应了当前市场非常关切的房地产、...</p>\n\n<a href=\"https://www.gelonghui.com/p/516528\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c9635eb271432f5c92670ddd7726225b","relate_stocks":{"000001.SH":"上证指数"},"source_url":"https://www.gelonghui.com/p/516528","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138167209","content_text":"作者： 黄大智自3月16日金融委会议之后，市场经历的快速的向上反弹。高级别的会议定调，已经被市场公认为是“政策底”的到来。政策带来的反弹已经确认，但从历史表现上看，“政策底”与“市场底”往往并不同步。那么，从“政策底”到“市场底”，还有多远？历史上的几次“政策底”在3月16日金融委“研究当前经济形势和资本市场问题”的专题会议上，高层传达了非常明确的“政策底”信号，回应了当前市场非常关切的房地产、中概股、平台经济、港服市场等问题，市场也应声大涨。类似的“政策底”信号在A股历史上也曾多次出现。如2005年，上证指数在一年内从1800点左右跌至1000点左右，并在1000到1200点间横盘，最大跌幅超40%，股市经历了从2001年开始的四年熊市。从2005年1月开始，高层陆续密集出台救市政策。1月降低印花税率，2月释放险资入市信号、降息，4月股权分置改革开始。直至6月，“市场底”出现，上证指数跌至998点，市场开始反转。“政策底”领先于“市场底”近半年时间。第二次比较典型的“政策底”则是在2008年，受次贷危机影响，上证指数从2007年10月的6092点开始，在1年内暴跌超70%至1706点。当年9月，开始释放三大救市政策，包括印花税从双边征收改为单边征收、汇金出手购入四大行股票、国企回购，再加上“四万亿”政策的刺激，市场预期全面转变，“政策底”与“市场底”几乎同步出现。第三次为2009年开始的持续四年多震荡下跌的熊市。指数于2013年7月见底。但从政策“施救”的时间点来看，证监会从2012年8月即开始发布相关利好政策，包括降低交易手续费、10月暂停IPO、汇金购入银行股等。但市场在次年7月才见底，“市场底”迟于“政策底”6到12个月左右。第四次是更多投资者所熟悉的2015年7月股灾事件。从当年的6月27日降息降准到7月9日公安部出动，政府密集出台了各类救市政策，参与的部门也包含了十余个监管及其它众多机构势力。以6月27日降息降准为标志到8月的触底反弹，“政策底”到“市场底”时间近两个月。当然，无论是“政策底”还是“市场底”，都是以历史回顾的“后视镜”的视角去看，而如果立足当时，则很难确认该底部的形成。回到本次3月16日金融委的会议上来看，高层稳定了市场对于一系列不确定因素的预期，也明确“凡是对资本市场产生重大影响的政策，应事先与金融管理部门协调，保持政策预期的稳定和一致性”这一基本基调。但市场的反转，不仅需要政策的发声和支持，更多的时候，“市场底”也往往伴随着估值的底部，与企业盈利的向上反弹。那么，当前股市的估值，处于什么位置了？当前指数估值处于什么位置？从2022年沪深A股及港股的表现来看，受内外部因素影响回调显著，市场估值已经经历明显回调，目前主要的指数已经达到历史区间的中等偏低水平。同时，受俄乌冲突、新冠疫情引发的供应链冲击、美国及部分欧洲国家货币政策收紧、国内增长依然乏力等因素影响，市场的下跌幅度及速度都引起了市场的恐慌。从目前A股及港股估值主要特征来看：A股市场估值重新回到历史相对低位水平，港股估值处于历史极端低位。截止3月18日，A股市场方面，沪深300指数的滚动市盈率为12.32倍，相比于2022年初的14倍，下降了超过12%，与历史中位数13.58倍（上市以来）相比，低估非常显著。市净率为1.49，与年初的1.7相比，下降幅度达到14%，与历史中位数1.69（上市以来）相比，同样低估显著。港股方面，恒生指数滚动市盈率为10.35倍，与2022年初的10.85倍相比，变化不大，但如果以3月11日低点数据来看，滚动市盈率仅为9.92倍，跌幅近9%，与历史中位数12.31（上市以来）相比，不只是低估，其估值已经接近2008年的市场底部，基本处于历史上的极端低估位置。如果以中小市值公司的代表指数中证500来看，其估值也同样再度低于历史均值。截止2022年3月18日，中证500和创业板指的滚动市盈率分别为17.45倍与52.5倍，且均低于二者历史的中位数31.81倍和53.5倍。如果抛开创业板指数不谈，从主要的沪深及港股指数来看，估值基本都处于历史分位点的极致低点或历史分位点30%的位置左右。从这个角度而言，市场在经历了本轮的下跌后，估值泡沫已经被极大的挤出，估值风险得到较为明显的释放。同时，如果将企业盈利计算在内，按照市场的一致预期看，指数的前向市盈率（即考虑盈利情况在的预期市盈率）更加被低估。沪深300指数的前向市盈率仅有10倍左右，剔除金融股的情况下，指数的前向市盈率变为15倍左右，也低于历史中位数的16.2倍左右。港股中的恒生国企指数前向市盈率和市净率更是仅有8倍和1倍，指数估值的分位点仅有38.1%和29.2%，已经基本接近2008年的最低点位。从各行业的估值角度来看，目前多数行业估值已低于历史均值。多数行业的前向市盈率已经处于历史均值以下。休闲服务、传媒、计算机、军工、农业、家电等板块的前向市盈率估值位于历史分位数25%以下（2006年至今）。与国际市场中其它国家相比较，本轮下跌后，A股目前整体估值同样处于较低的水平上，而港股基本处于全球市场的估值洼地。以当前的估值来看，沪深300为12.3倍左右，而美股标普500指数PETTM为21.7左右，纳斯达克指数为32倍左右。如果与其他同样处于发展中国家的新兴经济体如阿根廷、印度等国家相比较，A股低估的特点则更加明显。从以上对比来看，当前市场指数在下跌释放估值压力后，除了创业板之外，其它主要指数整体估值基本处于历史较低点位。然而，必须要注意的是，低估并不是买入的理由。每当市场恐慌时，估值可以一再突破历史的低点。同时，受到指数编制方式的影响，在不同的时期内，指数中各行业的构成都有极大的变化，进而影响其估值。以中证500指数为例，目前其中近20%的行业权重为包含钢铁、化工、有色、非银金融等周期类的行业，而这些周期性行业的投资，往往是“卖在低估值，买在高估值”，因此并不能进行刻舟求剑式的对比，以此作为单一的投资决策。市场反转，需要政策、估值与盈利的共振从以上的分析来看，3月16日的金融委专题会议大概率是当前市场的“政策底”。而从估值来看，当前沪深A股及港股的主要指数，不管与其他市场的横向对比还是与历史的纵向对比来看，也基本处于非常低估的点位。那么，这些能够确认当前的“市场底”吗？以A股历史几次的大底情况来看，除了“政策底”的支撑，以及估值修复的反弹之外，另一个重要因素则是企业盈利的上行。再结合市场流动性对企业影响因素，多数的“市场底”会伴随几个明显的信号：第一是流动性的放松，从宽货币向宽信用传导，进而出现社融数据的明显放量，其中社融增速、特别是中长期社融增速的增长是核心指标。这一点原因在于社融数据反应了企业的投资意愿，当社融数据放量时，经过 3-6个月的传导，会显著影响企业的盈利增速，进而改变企业的基本面。第二是估值极致反转。当前市场下，A股估值受到很多因素的压制，虽然向下空间有限，但向上突破仍然需要有利因素的催化。其中典型的因素包括俄乌冲突的外部诱因缓和、金融风险得到缓释，美联储加息及缩表不超市场预期等。第三是政策释放的托底信号，这一点当前已经表现的较为明显。第四是股市交易热情的高涨，包括交易量的放大、换手率的提高，新基金发行显著放量等。综合来看，政策及估值是当前市场反转的有利因素，而企业的盈利则尚未见到明显的好转趋势，这一点尚且需要重点关注一季度企业的盈利增速，以及更高频的月度社融数据。","news_type":1},"isVote":1,"tweetType":1,"viewCount":930,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602165966,"gmtCreate":1638986198364,"gmtModify":1638986198364,"author":{"id":"3573779808846818","authorId":"3573779808846818","name":"你好牛啊","avatar":"https://static.tigerbbs.com/3cbdc5e63432ac16505aa2f088dcdaab","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"没片源啊","listText":"没片源啊","text":"没片源啊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602165966","repostId":"2189633526","repostType":2,"repost":{"id":"2189633526","pubTimestamp":1638949436,"share":"https://www.laohu8.com/m/news/2189633526?lang=&edition=full","pubTime":"2021-12-08 15:43","market":"hk","language":"zh","title":"手慢无：爱奇艺VR一体机到手1999元 新品首降","url":"https://stock-news.laohu8.com/highlight/detail?id=2189633526","media":"0度朗姆","summary":"目前电商页面显示，原价2499元的爱奇艺奇遇Dream VR一体机目前售价1999元。截止发稿前，已经有27844人预约。VR眼睛被誉为通往元宇宙的钥匙，各位感兴趣的小伙伴可以关注下此产品。爱奇艺 奇遇Dream VR一体机骁龙XR2 6DoF体感 8G+128G【视频发帖...","content":"<html><body><div>\n<div itemprop=\"articleBody\">\n<img src=\"https://article-fd.zol-img.com.cn/t_s640x2000/g6/M00/06/00/ChMkKmGwYx2ILvprAAAT0N-9BLMAAWYvQP_yRgAABPo408.jpg\"/><div>\n<div><div></div></div>\n</div>\n<p>目前电商页面显示，原价2499元的<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>奇遇Dream VR一体机目前售价1999元。截止发稿前，已经有27844人预约。VR眼睛被誉为通往元宇宙的钥匙，各位感兴趣的小伙伴可以关注下此产品。</p><div><p><span></span><img src=\"https://article-fd.zol-img.com.cn/t_s640x2000/g6/M00/06/00/ChMkKmGwYx2ILvprAAAT0N-9BLMAAWYvQP_yRgAABPo408.jpg\"/></p><p><strong>爱奇艺 奇遇Dream VR一体机【30天免费体验无忧退货】骁龙XR2 6DoF体感 8G+128G【视频发帖返半价到手999】</strong></p><p><zspan>[经销商]</zspan> 京东商城</p><p><zspan>[产品售价]</zspan> 1999元</p><p>进入购买</p></div><p><img height=\"500\" src=\"https://article-fd.zol-img.com.cn/t_s640x2000/g6/M00/06/00/ChMkKWGwYvqIHoU6AAFu-ztMX1gAAWYvQPmLyMAAW8T473.jpg\" width=\"640\"/></p><p>爱奇艺奇遇Dream VR一体机是行业首款搭载VR旗舰级处理器——<a href=\"https://laohu8.com/S/QCOM\">高通</a>XR2芯片且价格在两千元以内的6DoF VR一体机。</p><p>配置方面，爱奇艺奇遇Dream VR一体机采用高通骁龙XR2芯片，配备8G+128G大内存，产品在运行市面主流的高品质VR游戏大作时依然可以保持高清流畅，玩家游戏体验更爽更沉浸。</p><p>此外，奇遇Dream沿用了与奇遇3一样的自研“追光”计算机视觉6DoF VR交互方案，实现了头部和手部双6DoF空间体感定位，搭配专为VR设计的全新一代奇遇OS操作系统，可让用户在虚拟世界里放开手脚、自由畅玩。</p><p>本文属于原创文章，如若转载，请注明来源：手慢无：爱奇艺VR一体机到手1999元 新品首降https://diy.zol.com.cn/782/7826285.html</p><div zpv-events-inview=\"article-cont-bottom-viewport\"></div>\n<div>\n<span itemprop=\"url\">https://diy.zol.com.cn/782/7826285.html</span>\n<span itemprop=\"indexUrl\">diy.zol.com.cn</span>\n<span itemprop=\"isOriginal\">true</span>\n<span itemprop=\"author\"><a href=\"https://laohu8.com/S/000931\">中关村</a>在线</span>\n<span itemprop=\"isBasedOnUrl\">https://diy.zol.com.cn/782/7826285.html</span>\n<span itemprop=\"genre\">report</span>\n<span itemprop=\"wordCount\">766</span>\n<span itemprop=\"description\">目前电商页面显示，原价2499元的爱奇艺奇遇Dream VR一体机目前售价1999元。截止发稿前，已经有27844人预约。VR眼睛被誉为通往元宇宙的钥匙，各位感兴趣的小伙伴可以关注下此产品。爱奇艺 奇遇Dream VR一体机【30天免费体验无忧退货】骁龙XR2 6DoF体感 8G+128G【视频发帖...</span>\n</div></div>\n</div></body></html>","source":"zol_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>手慢无：爱奇艺VR一体机到手1999元 新品首降</title>\n<style 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Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1381fbe767d2d5a2d71590c11e4464d5","relate_stocks":{"BK4505":"高瓴资本持仓","BK4526":"热门中概股","BK4531":"中概回港概念","BK4108":"电影和娱乐","IQ":"爱奇艺","BK4552":"Archegos爆仓风波概念"},"source_url":"http://diy.zol.com.cn/782/7826285.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2189633526","content_text":"目前电商页面显示，原价2499元的爱奇艺奇遇Dream VR一体机目前售价1999元。截止发稿前，已经有27844人预约。VR眼睛被誉为通往元宇宙的钥匙，各位感兴趣的小伙伴可以关注下此产品。爱奇艺 奇遇Dream VR一体机【30天免费体验无忧退货】骁龙XR2 6DoF体感 8G+128G【视频发帖返半价到手999】[经销商] 京东商城[产品售价] 1999元进入购买爱奇艺奇遇Dream VR一体机是行业首款搭载VR旗舰级处理器——高通XR2芯片且价格在两千元以内的6DoF VR一体机。配置方面，爱奇艺奇遇Dream VR一体机采用高通骁龙XR2芯片，配备8G+128G大内存，产品在运行市面主流的高品质VR游戏大作时依然可以保持高清流畅，玩家游戏体验更爽更沉浸。此外，奇遇Dream沿用了与奇遇3一样的自研“追光”计算机视觉6DoF VR交互方案，实现了头部和手部双6DoF空间体感定位，搭配专为VR设计的全新一代奇遇OS操作系统，可让用户在虚拟世界里放开手脚、自由畅玩。本文属于原创文章，如若转载，请注明来源：手慢无：爱奇艺VR一体机到手1999元 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11:11","market":"us","language":"zh","title":"天演药业冲刺美股IPO，去年前三季度亏损近3000万美元","url":"https://stock-news.laohu8.com/highlight/detail?id=2105494046","media":"证券日报之声","summary":"2020年前三季度，天演药业亏损将近3000万美元。目前无上市产品去年前三季度亏损近3000万美元作为一家生物抗体药物研发商，天演药业致力于开发新一代治疗性和诊断用抗体技术的药物，通过自主研发的智能抗体技术，可设计并生成出人类所需的抗体，并降低开发治疗性抗体的相关成本。","content":"<div>\n<p>1月20日，临床阶段生物制药公司天演药业向美国证券交易委员会（SEC）提交招股书，拟以“ADAG”为交易代码在纳斯达克上市，或将募资2亿美元，高盛、摩根士丹利、Jeffery为联席主承销商，华兴资本为副承销商。记者从招股书中发现，目前公司暂无上市销售的药品，甚至没有任何一款在研产品获得监管批准。2020年前三季度，天演药业亏损将近3000万美元。《证券日报》记者联系天演药业并就上述问题进行相关询问...</p>\n\n<a href=\"https://cj.sina.cn/article/norm_detail?url=https://k.sina.cn/article_2311077472_89c03e6002001hxa1.html\">Web Link</a>\n\n</div>\n","source":"sina_symbol","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" 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href=https://cj.sina.cn/article/norm_detail?url=https://k.sina.cn/article_2311077472_89c03e6002001hxa1.html><strong>证券日报之声</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1月20日，临床阶段生物制药公司天演药业向美国证券交易委员会（SEC）提交招股书，拟以“ADAG”为交易代码在纳斯达克上市，或将募资2亿美元，高盛、摩根士丹利、Jeffery为联席主承销商，华兴资本为副承销商。记者从招股书中发现，目前公司暂无上市销售的药品，甚至没有任何一款在研产品获得监管批准。2020年前三季度，天演药业亏损将近3000万美元。《证券日报》记者联系天演药业并就上述问题进行相关询问...</p>\n\n<a href=\"https://cj.sina.cn/article/norm_detail?url=https://k.sina.cn/article_2311077472_89c03e6002001hxa1.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/85675909dc6c67ee0181339c18bcfdff","relate_stocks":{"ADAG":"天演药业"},"source_url":"https://cj.sina.cn/article/norm_detail?url=https://k.sina.cn/article_2311077472_89c03e6002001hxa1.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2105494046","content_text":"1月20日，临床阶段生物制药公司天演药业向美国证券交易委员会（SEC）提交招股书，拟以“ADAG”为交易代码在纳斯达克上市，或将募资2亿美元，高盛、摩根士丹利、Jeffery为联席主承销商，华兴资本为副承销商。记者从招股书中发现，目前公司暂无上市销售的药品，甚至没有任何一款在研产品获得监管批准。2020年前三季度，天演药业亏损将近3000万美元。《证券日报》记者联系天演药业并就上述问题进行相关询问，截止发稿前未收到回复。创始人曾在制药巨头默沙东任职多年从招股书来看，天演药业历史最早可追溯至2011年。目前在中国、美国、澳大利亚、新加坡和瑞士都设立子公司，以扩大其全球业务，在中国的业务主要通过子公司天演药业（苏州）有限公司进行。公司联合创始人、董事长兼CEO罗培志博士持有公司23.5%的股份，罗培志的履历非常丰富，北京大学毕业后，在美国芝加哥大学获得博士学位。2000年创办了生物医药公司Abmaxis，这家公司于2006年被默沙东制药公司收购，并购之后罗培志担任默沙东制药公司的生物药总监兼抗体工程负责人。离开默沙东之后，罗培志回国创建天演药业。天眼查App显示，2015年到2020年，公司相继吸引了斯道资本、药明康德、新世界信息科技有限公司、红杉资本中国等资本。迄今为止，天演药业共进行了四轮融资。最后一次为D轮融资，完成于2020年1月，融资金额为6900万美元，由美国泛大西洋投资集团5000万美元领投。D轮融资后，天演药业总计融资超过1.5亿美元，估值接近7亿美元。谈及天演药业对资本的吸引力，香颂资本执行董事沈萌告诉《证券日报》记者，这类公司对资本的吸引力不在于公司技术本身，而是技术带来的概念性和成长预期。“生物医药公司在各主要市场都可以采取更灵活的条件快速上市，一旦药品取得新的进展，股价就会产生飞跃式上涨。”目前无上市产品，去年前三季度亏损近3000万美元作为一家生物抗体药物研发商，天演药业致力于开发新一代治疗性和诊断用抗体技术的药物，通过自主研发的智能抗体技术，可设计并生成出人类所需的抗体，并降低开发治疗性抗体的相关成本。目前，天演药业已建立拥有自主知识产权的抗体研发平台——动态精准抗体库（DPL），深度布局肿瘤免疫及靶向治疗药物的开发。关于天演药业的动态精准抗体库（DPL），北京鼎臣医药管理咨询总经理史立臣告诉《证券日报》记者，“动态精准抗体库（DPL）对天演药业更多的帮助是积累资源，但对研发药物起不了决定性作用。”值得注意的是，天演药业目前没有上市销售的产品，也没有任何一款在研产品获得监管批准。这就让天演药业的财报没那么好看。财报显示，2018年、2019年及截至2020年9月30日的前9个月，由于产品均未上市，公司收入完全来自向制药公司新基授权专利所得，分别为151.1万美元、48万美元及31万美元。同一时期，研发支出在逐年上升，分别为1608.1万美元、1621.2万美元和2356.8万美元。没有能产生大额收入的上市药物，持续不断的研发投入也造成天演药业同期净亏损分别为1430.3万美元、1667.8万美元、2981.5万美元，归属于普通股股东的基本和摊薄每股亏损分别为0.94美元、1.10美元和1.89美元。与此同时，天演药业在研的三个核心产品ADG106、ADG116、ADG126，均未进入第三阶段临床试验，未来能否成功上市尚是未知数。“大量在研的肿瘤类药物都夭折于第三阶段临床试验。一期，二期的临床要求相对来说比较低，三期临床是真正要应用在人体的试验项目，要评估安全有效性。因此许多一期、二期效果好的产品，在三期都达不到相关要求。”史立臣向《证券日报》记者表示。目前，天演药业也在加大科研上的投入。公司在招股书中介绍，天演药业打算利用此次发行的净收益95%用于推进候选药物的试验，其中约26%的资金用于ADG106第一阶段试验和第二阶段试验的进展；26%的资金用于ADG126和ADG116；43%用于公司的技术和平台开发以及临床前候选药物的开发；剩余约5%用于营运资金和其他一般公司用途。","news_type":1},"isVote":1,"tweetType":1,"viewCount":577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":315781039,"gmtCreate":1612277059521,"gmtModify":1703759763812,"author":{"id":"3573779808846818","authorId":"3573779808846818","name":"你好牛啊","avatar":"https://static.tigerbbs.com/3cbdc5e63432ac16505aa2f088dcdaab","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"没办法啊 监管代表的是国家 积极配合没毛病","listText":"没办法啊 监管代表的是国家 积极配合没毛病","text":"没办法啊 监管代表的是国家 积极配合没毛病","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/315781039","repostId":"1148258173","repostType":2,"repost":{"id":"1148258173","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":1612270855,"share":"https://www.laohu8.com/m/news/1148258173?lang=&edition=full","pubTime":"2021-02-02 21:00","market":"hk","language":"zh","title":"阿里巴巴：蚂蚁暂缓上市和反垄断调查是冷静反思和提升自己的重要机会","url":"https://stock-news.laohu8.com/highlight/detail?id=1148258173","media":"老虎资讯综合","summary":"2月2日，阿里巴巴集团发布2021财年第三季度财报，在财报发布后的分析师电话会上，阿里巴巴集团董事会主席兼首席执行官张勇表示，蚂蚁暂缓上市和对阿里集团的反垄断调查，是冷静反思和提升自己的重要机会。面对","content":"<p>2月2日，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>集团发布2021财年第三季度财报，在财报发布后的分析师电话会上，阿里巴巴集团董事会主席兼首席执行官张勇表示，蚂蚁暂缓上市和对阿里集团的反垄断调查，是冷静反思和提升自己的重要机会。面对激烈的市场竞争，阿里将进一步通过创新不断升级创造客户价值的能力。</p>\n<p>2020年12月24日，阿里巴巴集团收到国家市场监督管理局总局垄断案件调查通知。张勇说，目前案件仍在调查过程中，阿里也在积极配合调查工作，成立了由多个相关部门负责人组成的专项工作小组，开展相关业务自查。“我们将继续和监管当局就合规要求进行积极合作与沟通。待调查完成后，我们将进一步向市场通报最新情况。”</p>\n<p>张勇表示：“面对反垄断调查，我们的态度是坦诚面对，积极配合。”他说，作为连接着数亿消费者和数百万商家、承载着数万亿人民币年度交易规模的中国零售平台，阿里巴巴深刻理解平台重要的社会公共属性，将一如既往地努力，确保所做所为不仅要符合中国法律法规的要求，同时要为消费者权益的保护、社会零售商业的数字化发展、产业的升级贡献力量，承担应尽的社会责任。</p>\n<p>“尽管蚂蚁暂缓上市和对阿里集团的反垄断调查，给阿里巴巴的发展带来挑战，但这也是我们在多年快速发展后，冷静地反思和提升自己的重要机会。”张勇说，“面对激烈的市场竞争，我们将进一步挑战自己，通过创新不断升级创造客户价值的能力。在中国零售商业、本地生活、云计算、海外电商市场等多个领域，我们看到了激烈竞争带来的挑战，但更看到了市场潜在的巨大机遇。展望未来，我们将更坚决地在这些核心领域投资，为创新而投资，为客户价值而投资，为长期发展而投资。”</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 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class=\"h-time\">2021-02-02 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>2月2日，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>集团发布2021财年第三季度财报，在财报发布后的分析师电话会上，阿里巴巴集团董事会主席兼首席执行官张勇表示，蚂蚁暂缓上市和对阿里集团的反垄断调查，是冷静反思和提升自己的重要机会。面对激烈的市场竞争，阿里将进一步通过创新不断升级创造客户价值的能力。</p>\n<p>2020年12月24日，阿里巴巴集团收到国家市场监督管理局总局垄断案件调查通知。张勇说，目前案件仍在调查过程中，阿里也在积极配合调查工作，成立了由多个相关部门负责人组成的专项工作小组，开展相关业务自查。“我们将继续和监管当局就合规要求进行积极合作与沟通。待调查完成后，我们将进一步向市场通报最新情况。”</p>\n<p>张勇表示：“面对反垄断调查，我们的态度是坦诚面对，积极配合。”他说，作为连接着数亿消费者和数百万商家、承载着数万亿人民币年度交易规模的中国零售平台，阿里巴巴深刻理解平台重要的社会公共属性，将一如既往地努力，确保所做所为不仅要符合中国法律法规的要求，同时要为消费者权益的保护、社会零售商业的数字化发展、产业的升级贡献力量，承担应尽的社会责任。</p>\n<p>“尽管蚂蚁暂缓上市和对阿里集团的反垄断调查，给阿里巴巴的发展带来挑战，但这也是我们在多年快速发展后，冷静地反思和提升自己的重要机会。”张勇说，“面对激烈的市场竞争，我们将进一步挑战自己，通过创新不断升级创造客户价值的能力。在中国零售商业、本地生活、云计算、海外电商市场等多个领域，我们看到了激烈竞争带来的挑战，但更看到了市场潜在的巨大机遇。展望未来，我们将更坚决地在这些核心领域投资，为创新而投资，为客户价值而投资，为长期发展而投资。”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f98a08f234fb3dfe04b5578614dea292","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148258173","content_text":"2月2日，阿里巴巴集团发布2021财年第三季度财报，在财报发布后的分析师电话会上，阿里巴巴集团董事会主席兼首席执行官张勇表示，蚂蚁暂缓上市和对阿里集团的反垄断调查，是冷静反思和提升自己的重要机会。面对激烈的市场竞争，阿里将进一步通过创新不断升级创造客户价值的能力。\n2020年12月24日，阿里巴巴集团收到国家市场监督管理局总局垄断案件调查通知。张勇说，目前案件仍在调查过程中，阿里也在积极配合调查工作，成立了由多个相关部门负责人组成的专项工作小组，开展相关业务自查。“我们将继续和监管当局就合规要求进行积极合作与沟通。待调查完成后，我们将进一步向市场通报最新情况。”\n张勇表示：“面对反垄断调查，我们的态度是坦诚面对，积极配合。”他说，作为连接着数亿消费者和数百万商家、承载着数万亿人民币年度交易规模的中国零售平台，阿里巴巴深刻理解平台重要的社会公共属性，将一如既往地努力，确保所做所为不仅要符合中国法律法规的要求，同时要为消费者权益的保护、社会零售商业的数字化发展、产业的升级贡献力量，承担应尽的社会责任。\n“尽管蚂蚁暂缓上市和对阿里集团的反垄断调查，给阿里巴巴的发展带来挑战，但这也是我们在多年快速发展后，冷静地反思和提升自己的重要机会。”张勇说，“面对激烈的市场竞争，我们将进一步挑战自己，通过创新不断升级创造客户价值的能力。在中国零售商业、本地生活、云计算、海外电商市场等多个领域，我们看到了激烈竞争带来的挑战，但更看到了市场潜在的巨大机遇。展望未来，我们将更坚决地在这些核心领域投资，为创新而投资，为客户价值而投资，为长期发展而投资。”","news_type":1},"isVote":1,"tweetType":1,"viewCount":795,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":316681446,"gmtCreate":1611930980285,"gmtModify":1703756556900,"author":{"id":"3573779808846818","authorId":"3573779808846818","name":"你好牛啊","avatar":"https://static.tigerbbs.com/3cbdc5e63432ac16505aa2f088dcdaab","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a 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