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Hsuhsuhsu
2021-07-04
前有马云字节现有滴滴,都明白了吧
抱歉,原内容已删除
Hsuhsuhsu
2019-04-10
$小米集团-W(01810)$买了个小米插线板,充电时一直有滋滋声,正常么?
Hsuhsuhsu
2021-08-03
$腾讯控股(00700)$
一篇报道就能让企业这么跌,真市场经济
Hsuhsuhsu
2017-10-18
跌跌不休
$阿里巴巴(BABA)$ 完全比不上亚马逊,不管是业绩还是道德
跌跌不休
Hsuhsuhsu
2023-05-25
一个英伟达几乎顶所有中国互联网企业之和,拿什么和美国玩啊
抱歉,原内容已删除
Hsuhsuhsu
2018-09-26
$京东(JD)$ 就看这底下一堆为QJ东鸣不平,骂女孩不和解的就知道贸易战还没打到位,以为这世界真跟你们畜生一样么,恶人自有恶人治
Hsuhsuhsu
2021-12-03
$阿里巴巴(BABA)$
经济玩完了
Hsuhsuhsu
2021-08-19
先把油老虎、电老虎、网老虎拆了
抱歉,原内容已删除
Hsuhsuhsu
2019-12-03
$道琼斯(.DJI)$
金毛要犯心梗了
Hsuhsuhsu
2021-07-23
$好未来(TAL)$
这片土地不适合企业,一个个行业都💊
Hsuhsuhsu
2021-07-08
$恒生指数(HSI)$
大崩盘,私营经济的完结
Hsuhsuhsu
2022-02-21
$恒生科技指数(HSTECH)$
这行情和外因半点关系没有,全是内因
Hsuhsuhsu
2021-07-27
纯属探讨,如果香港未来资本不能自由流动呢
抱歉,原内容已删除
Hsuhsuhsu
2018-10-04
$阿里巴巴(BABA)$ 去看看彭斯的讲话,已经没多少谈判空间了,在结果确定前还是少碰中概,西方资本不捧根本没底
Hsuhsuhsu
2022-02-18
$美团-W(03690)$
把私企整完就实现梦了,赶紧吧
Hsuhsuhsu
2021-07-26
$恒生指数(HSI)$
脱钩,断交,宣战
Hsuhsuhsu
2021-07-06
港股没有存在价值
港交所将推出FINI,全面现代化香港市场首次公开招股程序
Hsuhsuhsu
08-30
老乡别走
盘前异动 | 阿里涨超4%,国家市监总局宣布阿里整改完成
Hsuhsuhsu
2022-03-14
$恒生指数(HSI)$
年初都说了,跌破20000就在今年,从蚂蚁金服以后互联网就走向了破产
Hsuhsuhsu
2022-02-22
$阿里巴巴(BABA)$
破产都不是没可能
去老虎APP查看更多动态
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17:06","market":"hk","language":"zh","title":"盘前异动 | 阿里涨超4%,国家市监总局宣布阿里整改完成","url":"https://stock-news.laohu8.com/highlight/detail?id=1199506169","media":"老虎资讯综合","summary":"平台经济发展质量和营商环境持续优化。","content":"<html><head></head><body><p>本周五(8月30日)盘前, <a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a> 涨超4%,截至发稿报84.27美元:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbb7f0f40a019d08e5a3c0bc35d2b41e\" title=\"\" tg-width=\"1224\" tg-height=\"1322\"/></p><p>8月30日下午消息,国家市场监督管理总局发布公告,宣布阿里巴巴集团完成三年整改,取得良好成效。</p><p style=\"text-align: start;\">市场监管总局发文称,2021年4月,市场监管总局依法对阿里巴巴集团控股有限公司(以下简称阿里巴巴集团)在中国境内网络零售平台服务市场实施“二选一”垄断行为作出行政处罚开展行政指导,责令其停止违法行为、全面自查整改,连续三年向市场监管总局提交自查合规报告。</p><p style=\"text-align: start;\">三年来,市场监管总局加强对阿里巴巴集团合规整改的督导,对整改落实情况开展深入核查,并委托第三方机构开展执法效果评估。从核查和评估情况看,阿里巴巴集团按照《行政处罚决定书》《行政指导书》要求,全面停止“二选一”垄断行为,严格规范自身经营行为,认真落实平台主体责任,健全企业合规管理制度,提升平台内商家和消费者服务水平,合规整改工作取得良好成效,网络零售市场环境得到改善,公平竞争秩序有效恢复,市场发展空间不断拓展,平台间竞争活力明显提高,平台经济发展质量和营商环境持续优化。下一步,市场监管总局将指导阿里巴巴集团持续规范经营,进一步提升合规质效,加快创新驱动发展,不断提升服务水平,为建设世界一流企业、增强国际竞争力提供坚实保障。</p><p style=\"text-align: start;\">党中央、国务院高度重视促进平台经济发展,市场监管总局将坚决贯彻落实党的二十大和二十届二中、三中全会精神,统筹效率和公平、活力和秩序、发展和安全,坚持监管规范和促进发展并重,深入推进平台经济领域反垄断监管执法,加快健全常态化监管制度,指导平台企业提升合规能力和水平,不断优化公平竞争市场环境,促进平台经济规范健康持续创新发展。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/917073a6f94bc28dd1fd1808185c3008\" title=\"\" tg-width=\"550\" tg-height=\"457\"/></p><p>阿里巴巴对此回应称,对于阿里巴巴而言,这是一个新的发展起点。未来,我们将继续立足创新,坚持合规经营,加大科技投入,推动平台经济健康发展,为社会创造更多价值。</p></body></html>","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>盘前异动 | 阿里涨超4%,国家市监总局宣布阿里整改完成</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; 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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\">2024-08-30 17:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>本周五(8月30日)盘前, <a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a> 涨超4%,截至发稿报84.27美元:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbb7f0f40a019d08e5a3c0bc35d2b41e\" title=\"\" tg-width=\"1224\" tg-height=\"1322\"/></p><p>8月30日下午消息,国家市场监督管理总局发布公告,宣布阿里巴巴集团完成三年整改,取得良好成效。</p><p style=\"text-align: start;\">市场监管总局发文称,2021年4月,市场监管总局依法对阿里巴巴集团控股有限公司(以下简称阿里巴巴集团)在中国境内网络零售平台服务市场实施“二选一”垄断行为作出行政处罚开展行政指导,责令其停止违法行为、全面自查整改,连续三年向市场监管总局提交自查合规报告。</p><p style=\"text-align: start;\">三年来,市场监管总局加强对阿里巴巴集团合规整改的督导,对整改落实情况开展深入核查,并委托第三方机构开展执法效果评估。从核查和评估情况看,阿里巴巴集团按照《行政处罚决定书》《行政指导书》要求,全面停止“二选一”垄断行为,严格规范自身经营行为,认真落实平台主体责任,健全企业合规管理制度,提升平台内商家和消费者服务水平,合规整改工作取得良好成效,网络零售市场环境得到改善,公平竞争秩序有效恢复,市场发展空间不断拓展,平台间竞争活力明显提高,平台经济发展质量和营商环境持续优化。下一步,市场监管总局将指导阿里巴巴集团持续规范经营,进一步提升合规质效,加快创新驱动发展,不断提升服务水平,为建设世界一流企业、增强国际竞争力提供坚实保障。</p><p style=\"text-align: start;\">党中央、国务院高度重视促进平台经济发展,市场监管总局将坚决贯彻落实党的二十大和二十届二中、三中全会精神,统筹效率和公平、活力和秩序、发展和安全,坚持监管规范和促进发展并重,深入推进平台经济领域反垄断监管执法,加快健全常态化监管制度,指导平台企业提升合规能力和水平,不断优化公平竞争市场环境,促进平台经济规范健康持续创新发展。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/917073a6f94bc28dd1fd1808185c3008\" title=\"\" tg-width=\"550\" tg-height=\"457\"/></p><p>阿里巴巴对此回应称,对于阿里巴巴而言,这是一个新的发展起点。未来,我们将继续立足创新,坚持合规经营,加大科技投入,推动平台经济健康发展,为社会创造更多价值。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d752152b73947ff2f4b1c08ab9eecc39","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199506169","content_text":"本周五(8月30日)盘前, 阿里巴巴 涨超4%,截至发稿报84.27美元:8月30日下午消息,国家市场监督管理总局发布公告,宣布阿里巴巴集团完成三年整改,取得良好成效。市场监管总局发文称,2021年4月,市场监管总局依法对阿里巴巴集团控股有限公司(以下简称阿里巴巴集团)在中国境内网络零售平台服务市场实施“二选一”垄断行为作出行政处罚开展行政指导,责令其停止违法行为、全面自查整改,连续三年向市场监管总局提交自查合规报告。三年来,市场监管总局加强对阿里巴巴集团合规整改的督导,对整改落实情况开展深入核查,并委托第三方机构开展执法效果评估。从核查和评估情况看,阿里巴巴集团按照《行政处罚决定书》《行政指导书》要求,全面停止“二选一”垄断行为,严格规范自身经营行为,认真落实平台主体责任,健全企业合规管理制度,提升平台内商家和消费者服务水平,合规整改工作取得良好成效,网络零售市场环境得到改善,公平竞争秩序有效恢复,市场发展空间不断拓展,平台间竞争活力明显提高,平台经济发展质量和营商环境持续优化。下一步,市场监管总局将指导阿里巴巴集团持续规范经营,进一步提升合规质效,加快创新驱动发展,不断提升服务水平,为建设世界一流企业、增强国际竞争力提供坚实保障。党中央、国务院高度重视促进平台经济发展,市场监管总局将坚决贯彻落实党的二十大和二十届二中、三中全会精神,统筹效率和公平、活力和秩序、发展和安全,坚持监管规范和促进发展并重,深入推进平台经济领域反垄断监管执法,加快健全常态化监管制度,指导平台企业提升合规能力和水平,不断优化公平竞争市场环境,促进平台经济规范健康持续创新发展。阿里巴巴对此回应称,对于阿里巴巴而言,这是一个新的发展起点。未来,我们将继续立足创新,坚持合规经营,加大科技投入,推动平台经济健康发展,为社会创造更多价值。","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":338069020217616,"gmtCreate":1723555468315,"gmtModify":1723555469654,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"<a 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20:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>25日,阿里巴巴集团官微宣布,2023年六大业务集团总计需新招15000人,其中校招超过3000人。同时表示,“近日,关于淘宝天猫、阿里云、菜鸟、本地生活各个业务裁员谣言传得很厉害,但谣言就是谣言。我们的招聘正在紧锣密鼓的进行。”</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0dd3b2142957634faf611ca891bcf274\" tg-width=\"709\" tg-height=\"821\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d752152b73947ff2f4b1c08ab9eecc39","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182002820","content_text":"25日,阿里巴巴集团官微宣布,2023年六大业务集团总计需新招15000人,其中校招超过3000人。同时表示,“近日,关于淘宝天猫、阿里云、菜鸟、本地生活各个业务裁员谣言传得很厉害,但谣言就是谣言。我们的招聘正在紧锣密鼓的进行。”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1635,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3458944871940746","authorId":"3458944871940746","name":"n414","avatar":"https://static.tigerbbs.com/3c46eff7564ed08206df359c92cfad18","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3458944871940746","idStr":"3458944871940746"},"content":"一个广东 GDP相当于整个俄罗斯,俄罗斯却和整个西方玩得不亦乐乎[捂脸]","text":"一个广东 GDP相当于整个俄罗斯,俄罗斯却和整个西方玩得不亦乐乎[捂脸]","html":"一个广东 GDP相当于整个俄罗斯,俄罗斯却和整个西方玩得不亦乐乎[捂脸]"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":634456911,"gmtCreate":1647618592042,"gmtModify":1647618592042,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"比期货还**","listText":"比期货还**","text":"比期货还**","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/634456911","repostId":"1104166294","repostType":4,"repost":{"id":"1104166294","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":1647617498,"share":"https://www.laohu8.com/m/news/1104166294?lang=&edition=full","pubTime":"2022-03-18 23:31","market":"other","language":"zh","title":"中概股涨幅继续扩大,滴滴涨超50%","url":"https://stock-news.laohu8.com/highlight/detail?id=1104166294","media":"老虎资讯综合","summary":"3月18日,中概股涨幅继续扩大,滴滴涨超50%,爱奇艺涨超24%,小鹏汽车涨超13%,RLX科技涨超12%,哔哩哔哩涨超11%。","content":"<html><head></head><body><p>3月18日,中概股涨幅继续扩大,<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>涨超50%,<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>涨超24%,<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨超13%,<a href=\"https://laohu8.com/S/RLX\">RLX科技</a>涨超12%,<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>涨超11%。</p><p><img src=\"https://static.tigerbbs.com/1beb25a6dbffb840221a212492cf52ce\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p></body></html>","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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23:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>3月18日,中概股涨幅继续扩大,<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>涨超50%,<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>涨超24%,<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨超13%,<a href=\"https://laohu8.com/S/RLX\">RLX科技</a>涨超12%,<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>涨超11%。</p><p><img src=\"https://static.tigerbbs.com/1beb25a6dbffb840221a212492cf52ce\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f5e5ef6ded46cdce892f4c5752e90759","relate_stocks":{"BK4535":"淡马锡持仓","DIDI":"滴滴(已退市)","BK4022":"陆运","BK4539":"次新股","TTTN":"老虎中美互联网巨头ETF","BK4505":"高瓴资本持仓","BK4561":"索罗斯持仓","BK4526":"热门中概股","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104166294","content_text":"3月18日,中概股涨幅继续扩大,滴滴涨超50%,爱奇艺涨超24%,小鹏汽车涨超13%,RLX科技涨超12%,哔哩哔哩涨超11%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":634239486,"gmtCreate":1647505518154,"gmtModify":1647505518154,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"这几年网信办干了多少破坏的事","listText":"这几年网信办干了多少破坏的事","text":"这几年网信办干了多少破坏的事","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/634239486","repostId":"1114036829","repostType":4,"repost":{"id":"1114036829","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":1647501724,"share":"https://www.laohu8.com/m/news/1114036829?lang=&edition=full","pubTime":"2022-03-17 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15:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>国家互联网信息办公室副主任盛荣华介绍,2022年“清朗”系列专项行动聚焦影响面广、危害性大的问题开展整治,具体包括10个方面重点任务:</p><p>一是“清朗·打击网络直播、短视频领域乱象”专项行动。</p><p>二是“清朗·MCN机构信息内容乱象整治”专项行动。</p><p>三是“清朗·打击网络谣言”专项行动,全面清理涉及政治经济、文化历史和民生科普等领域的谣言信息,打上标签、做出明示。</p><p>四是“清朗·2022年暑期未成年人网络环境整治”专项行动。</p><p>五是“清朗·整治应用程序信息服务乱象”专项行动。</p><p>六是“清朗·规范网络传播秩序”专项行动,面向网上新闻信息重点生产、传播平台,分阶段开展规范网络传播秩序专项整治。</p><p>七是“清朗·2022年算法综合治理”专项行动。</p><p>八是“清朗·2022年春节网络环境整治”专项行动。</p><p>九是“清朗·打击流量造假、黑公关、网络水军”专项行动。</p><p>十是“清朗·互联网用户账号运营专项整治行动”。(央视)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/813a5ca33175a53e7b97f328625970e8","relate_stocks":{"01024":"快手-W","BK4513":"直播概念","BK1590":"短视频概念股"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114036829","content_text":"国家互联网信息办公室副主任盛荣华介绍,2022年“清朗”系列专项行动聚焦影响面广、危害性大的问题开展整治,具体包括10个方面重点任务:一是“清朗·打击网络直播、短视频领域乱象”专项行动。二是“清朗·MCN机构信息内容乱象整治”专项行动。三是“清朗·打击网络谣言”专项行动,全面清理涉及政治经济、文化历史和民生科普等领域的谣言信息,打上标签、做出明示。四是“清朗·2022年暑期未成年人网络环境整治”专项行动。五是“清朗·整治应用程序信息服务乱象”专项行动。六是“清朗·规范网络传播秩序”专项行动,面向网上新闻信息重点生产、传播平台,分阶段开展规范网络传播秩序专项整治。七是“清朗·2022年算法综合治理”专项行动。八是“清朗·2022年春节网络环境整治”专项行动。九是“清朗·打击流量造假、黑公关、网络水军”专项行动。十是“清朗·互联网用户账号运营专项整治行动”。(央视)","news_type":1},"isVote":1,"tweetType":1,"viewCount":1780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":635464957,"gmtCreate":1647223842590,"gmtModify":1647223842590,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"<a 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20:22","market":"hk","language":"zh","title":"腾讯大跌5%,港股还不是掘金之地","url":"https://stock-news.laohu8.com/highlight/detail?id=1187241825","media":"巴伦周刊","summary":"随着未来更多新经济类型公司在港交所上市,同时更多追逐股利和分红的配置资金流入香港市场,港股的价值洼地才有可能发生结构性的变化。“今年如果港股真的上涨,解套之后我再也不投港股了。”一位在2021年6月进","content":"<html><head></head><body><p>随着未来更多新经济类型公司在港交所上市,同时更多追逐股利和分红的配置资金流入香港市场,港股的价值洼地才有可能发生结构性的变化。</p><p>“今年如果港股真的上涨,解套之后我再也不投港股了。”一位在2021年6月进入香港股市的投资者这样表达自己的无奈:“我抓不住这个市场的投资逻辑。”</p><p>此时,正值市场上关于“港股是价值洼地”的呼声愈演愈烈之际。数据显示,香港恒生指数的动态市盈率(TTM)为 11.3倍,既低于全球其他主要市场,也低于其历史均值。</p><p>但是作为价值洼地的港股是否能够平地而起,投资者的态度却截然不同。</p><p>《巴伦周刊》中文版从对历史数据的分析之后,认为港股并不是投资者的掘金地。</p><p>2月21日,受到腾讯等中概互联网公司大跌的影响,香港恒生科技指数(HSTECH.HK)大幅下跌,截至收盘下跌2.78%。</p><p><img src=\"https://static.tigerbbs.com/c88590dfd52ccdff460aef1fd55700b3\" tg-width=\"1080\" tg-height=\"710\" referrerpolicy=\"no-referrer\"/></p><p><b>1、从“价值洼地”到“敬畏之心”,港股到底是什么?</b></p><p>虎年以来,香港股市逆全球股市颓势上涨。截至2月21日收盘,恒生指数(HSI)录得3.3%涨幅。与此同时,全球股市表现差强人意,MSCI全球指数下跌11.51%,标普500下跌9.33%。</p><p><b>2022年各市场主要指数回报</b></p><p><img src=\"https://static.tigerbbs.com/6e5bf478e728021f1612056161cc845a\" tg-width=\"772\" tg-height=\"776\" referrerpolicy=\"no-referrer\"/></p><p>因恒生指数估值常年不及全球主要市场,港股被市场评价为价值洼地。尤其在经历过2021年的重挫后,这样的呼声愈发成为市场共识。</p><p>2021年,香港股市遭受重创,恒生指数全年下跌14%,录得10年来最大年度损失,使得香港成为2021年全球表现最差的主要市场之一。</p><p>其中原因众多。2021年,中国政府对电子商务、游戏、房地产、博彩和课外辅导等行业实施了一系列监管举措,这些行业的股票都出现了下跌;新冠疫情的影响,以及中国经济增长的悲观情绪,也都拖累了港股。</p><p><a href=\"https://laohu8.com/S/002926\">华西证券</a>研究所分析师李立峰在2月12日的研报中指出,截至2022年1月,恒生指数PE倍数为11.55,低于过去十年均值。</p><p><b>恒生指数PE变化(TTM)</b></p><p><img src=\"https://static.tigerbbs.com/cad30add08a27015045af3903a3be0d7\" tg-width=\"1080\" tg-height=\"408\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:华西证券研究所</p><p>在这样的背景下,市场一种观点认为,港股估值处于历史低位、安全边际较高,可向下修正的幅度有限,呈现出抗跌属性且未来回报可期。</p><p>看好2022年香港市场走势的机构投资者认为,港股市场将受益于:1)中国针对互联网平台公司的监管接近尾声;2)2021年11 月以来针对房企的融资政策有边际放松,信用风险担忧逐步缓和;3)股市估值降低,价格有吸引力,在2022年可能会迎来估值修复。</p><p>比如<a href=\"https://laohu8.com/S/601377\">兴业证券</a>首席策略分析师张忆东认为,港股2022年具有明显的跌深反弹的动能,特别是在下半年,随着中国经济的企稳,内外资配置性的力量将会推高香港指数。<a href=\"https://laohu8.com/S/601995\">中金公司</a>在2月9日发布的《公募4Q21港股持仓》报告中指出,“港股明显估值比较优势、国内的明显宽松政策环境和可能进一步发力的稳增长力度,都有望推动南下资金进一步流入,为港股提供缓冲空间、甚至提供跑赢的可能性。因此,预计2022年也将成为港股均值回归的一年。”</p><p><b>这一预测像极了2021年初的状况。2021年的港股市场高开低走,年初时南下资金“抢夺定价权”的愿景犹言在耳。</b></p><p>但是到了年末,很多投资者谈港股色变。众多港股基金发生较大回撤,多位基金经理在四季报中表达了对港股的“敬畏之心”。</p><p>“回顾全年的港股市场,在我们过去十余年的港股从业经历来说,也是非常罕见的一年。我们既经历了年初短暂的火爆行情,也经历了年中市场的跌宕起伏,然后在冬天的此刻也感觉到了市场的‘冰冷’。” 中欧丰泓沪港深的基金经理沈悦、罗佳明在四季报中写道。</p><p>银华沪港深增长的基金经理周晶在四季报中表示:“港股市场一系列灰犀牛风险的暴露也让我们更加深刻的认识到,对离岸市场投资机会的评估,必须充分考虑其与本土市场的对比,必须遵从更为严苛的价值投资标准谨慎为之。”</p><p>2022年,港股到底会表现如何呢?</p><p><b>2、中概互联很关键</b></p><p>港股的走势如何,非常关键的是中概互联网公司的因素。</p><p>根据Wind数据,2022年1月,香港上市公司市值中,资讯科技业占港股总市值比重高达30.02%,以腾讯、<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、美团等平台类的互联网公司为代表;金融业占比为15.75%,排名第二;非必需性消费品和地产建筑业占比分别为13.51%和10.6%。</p><p>从市值来看,中概互联网公司代表了香港市场近三分之一的体量,是港股市场最大的板块。从流动性来讲,也占到了30%。</p><p><b>2022年1月,港股各行业板块占总市值比重、总交易量比重</b></p><p><img src=\"https://static.tigerbbs.com/8e42ad8e3afe8f9c66451691726289c4\" tg-width=\"1080\" tg-height=\"418\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:wind</p><p>因此,中概互联的走势对港股的走势非常重要,而当前市场对中概互联公司影响最大的就是关于互联网平台的监督问题。</p><p>2月21日,作为中概互联代表的港股恒生科技指数(HSTECH.HK)大幅下跌,截至收盘下跌2.96%。其中B站(09626.HK)下跌9.37%,快手(01024.HK)下跌6.91%、<a href=\"https://laohu8.com/S/06618\">京东健康</a>(06618.HK)下跌6.2%,<a href=\"https://laohu8.com/S/00700\">腾讯控股</a>(00700.HK)下跌5.53%、阿里巴巴- SW(09988.HK)下跌4.44%。</p><p>据称,雪球上一名用户发布了一条有关互联网大厂的帖子,而这名用户已经销户。</p><p>上一个交易日,也就是2月18日,中国发改委等14部门印发《关于促进服务业领域困难行业恢复发展的若干政策》,引导外卖等互联网平台企业进一步下调餐饮业商户服务费标准,降低相关餐饮企业经营成本。当日收盘,美团(03690.HK)股价大跌近15%。该消息拖累中概互联网公司集体下跌,中国海外互联网ETF——KWEB收跌5.04%。</p><p>尽管经历了糟糕的一年,但中概互联当前的价值是否被低估,市场尚未达成一致。</p><p>惠理基金的廖欣宇属于看好的一派,<b>他认为中国监管层对互联网公司的监最严厉的时候已经过去,预测《反垄断法》会在2022年的三、四月份出台,这可以被视为互联网行业的监管政策见底信号。</b>他表示,“2022年我们已经明显地加大了对港股的配置,但不会一步到位,而是会选择在不同阶段逐步加仓。他认为长线投资者2022年对港股的配置在当前时间点上可以到30-40%,同时“随着互联网行业监管政策的落地,和对地产行业的风险控制,我们今年对港股的配置可能到50%甚至更多。”</p><p>兴业证券首席策略分析师张忆东则认为,互联网平台公司2022年阶段性反弹20-30%甚至更多也很正常。申宏万源和华创证券亦认为互联网行业曙光初现,预计互联网(反垄断和数据安全)和传媒(游戏版号限制、内容审核)政策冲击造成的悲观预期逐步消化。</p><p>另一位公募基金经理的观点完全相反,他对《巴伦周刊》中文版表示:“目前中概互联网的价格远不算是深度折价,而更像是2020年的大涨之后的回调。市场上经常有人用FANGM做对标,认定中概互联网的股被低估,这是不合适的,因为双方优秀程度、企业文化截然不同。”</p><p>基于我们的分析,《巴伦周刊》中文版更倾向于后者,认为港股目前还不是投资者的掘金地。</p><p><b>3、港股不是掘金地</b></p><p>首先,中概互联网公司的估值并没有很低。</p><p>按照华西证券研究所的统计,2月11日,以龙头互联网公司为主的恒生资讯科技业PE为33.15倍,略低于过去十年的中位数34.06,远高于19.03的最小值。</p><p><b>港股行业指数PE(TTM)比较</b></p><p><img src=\"https://static.tigerbbs.com/106274b1db4d1d963a63d0f14a734a15\" tg-width=\"1080\" tg-height=\"464\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:华西证券研究所</p><p>拉长时间来看,港股并不是一个容易赚钱的市场。在截至2月21日的过去5年,恒生指数的持有回报率只有0.85%。同期,标普500的持有回报率高达83.7%。</p><p><b>恒生指数过去5年回报率</b></p><p><img src=\"https://static.tigerbbs.com/402d306ca34d417bffeb17d7038ea563\" tg-width=\"1080\" tg-height=\"601\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>图片来源:<a href=\"https://laohu8.com/S/GOOG\">谷歌</a></p><p><b>MSCI全市场指数过去5年的回报率</b></p><p><img src=\"https://static.tigerbbs.com/5743c331ac02223d5070c9d4641f5fc7\" tg-width=\"1080\" tg-height=\"615\" referrerpolicy=\"no-referrer\"/></p><p>同时,Wind数据显示,2022年2月以来,港股交易量环比并未发生巨大变化,意味着当前抄底港股并未成为机构标配,市场仍处于观望姿态。</p><p><b>2017年-2022年港股主板和创业板的成交量统计</b></p><p>(截至2021年至2022年2月21日)</p><p><img src=\"https://static.tigerbbs.com/572c9fb91f9f8546cf001ec0ff7372d5\" tg-width=\"852\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:wind</p><p>而美联储加息悬念未定、本轮奥密克戎疫情拖累香港经济、政府对互联网行业的监管常态化、以及与中国股市的联动,都将成为2022年港股走势的影响因素。</p><p>从市盈率角度看,过去两年,恒生指数市盈率在全球主要市场中位列最低。而当<b>对比全球主要股指市盈率历史后可以发现,港股估值与全球主要指数相比始终处于低位,几乎从未表现出对A股或美股的估值回归。</b></p><p><b>全球主要指数估值(TTM)</b></p><p><img src=\"https://static.tigerbbs.com/d34f520d20734bb70a4dec48bff55754\" tg-width=\"1080\" tg-height=\"448\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:华西证券研究所</p><p>惠理投资资产管理(上海)的基金经理廖欣宇解释,与A股和美股相较,在香港上市交易公司的流动性更弱,导致公司估值有折价,而这个折价是长期存在的。他表示:“相较美股,港股成分股的构成相对单一。<b>随着未来更多新经济类型公司在港交所上市,同时更多追逐股利和分红的配置资金流入香港市场,港股的价值洼地才有可能发生结构性的变化。”</b></p><p>1月25日,资管巨头<a href=\"https://laohu8.com/S/BLK\">贝莱德</a>旗下首只中国科技ETF TCHI ,正式登陆纳斯达克市场。截至2月18日,该基金前十大重仓股分别为<a href=\"https://laohu8.com/S/BIDU\">百度</a>(BIDU)、腾讯(00700)、<a href=\"https://laohu8.com/S/NTES\">网易</a>(009999)、舜宇光(002382)、<a href=\"https://laohu8.com/S/JD\">京东</a>(009618)、小米(001810)、阿里巴巴(009988)、<a href=\"https://laohu8.com/S/300750\">宁德时代</a>(300750)、<a href=\"https://laohu8.com/S/PDD\">拼多多</a>(PDD)、美团(003690)。港股互联网公司占据60%的重仓股席位。但截至2月18日美股收盘,该基金资产净值仅有953.18万美元。投资者观望情绪可见一斑。</p><p>而曾经连续多次测港股转折点及走势的<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>首席亚洲股票策略师郭强盛(Jonathan Garner)预测香港恒生指数2022年终目标为25000点,与2月21日收盘点位相比,上升空间不大。</p><p>截至2月21日收盘,恒生指数报24170点。</p><p>因此,《巴伦周刊》中文版认为,从历史经验看,港股并非避险之地。投资港股意味着更长的等待期和更大的波动率,关注港股的投资者在下注之前应系好安全带。</p></body></html>","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>腾讯大跌5%,港股还不是掘金之地</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腾讯大跌5%,港股还不是掘金之地\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1063202233\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/dd0fd02e1b0644cdbe57505e702dacab);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">巴伦周刊 </p>\n<p class=\"h-time\">2022-02-21 20:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>随着未来更多新经济类型公司在港交所上市,同时更多追逐股利和分红的配置资金流入香港市场,港股的价值洼地才有可能发生结构性的变化。</p><p>“今年如果港股真的上涨,解套之后我再也不投港股了。”一位在2021年6月进入香港股市的投资者这样表达自己的无奈:“我抓不住这个市场的投资逻辑。”</p><p>此时,正值市场上关于“港股是价值洼地”的呼声愈演愈烈之际。数据显示,香港恒生指数的动态市盈率(TTM)为 11.3倍,既低于全球其他主要市场,也低于其历史均值。</p><p>但是作为价值洼地的港股是否能够平地而起,投资者的态度却截然不同。</p><p>《巴伦周刊》中文版从对历史数据的分析之后,认为港股并不是投资者的掘金地。</p><p>2月21日,受到腾讯等中概互联网公司大跌的影响,香港恒生科技指数(HSTECH.HK)大幅下跌,截至收盘下跌2.78%。</p><p><img src=\"https://static.tigerbbs.com/c88590dfd52ccdff460aef1fd55700b3\" tg-width=\"1080\" tg-height=\"710\" referrerpolicy=\"no-referrer\"/></p><p><b>1、从“价值洼地”到“敬畏之心”,港股到底是什么?</b></p><p>虎年以来,香港股市逆全球股市颓势上涨。截至2月21日收盘,恒生指数(HSI)录得3.3%涨幅。与此同时,全球股市表现差强人意,MSCI全球指数下跌11.51%,标普500下跌9.33%。</p><p><b>2022年各市场主要指数回报</b></p><p><img src=\"https://static.tigerbbs.com/6e5bf478e728021f1612056161cc845a\" tg-width=\"772\" tg-height=\"776\" referrerpolicy=\"no-referrer\"/></p><p>因恒生指数估值常年不及全球主要市场,港股被市场评价为价值洼地。尤其在经历过2021年的重挫后,这样的呼声愈发成为市场共识。</p><p>2021年,香港股市遭受重创,恒生指数全年下跌14%,录得10年来最大年度损失,使得香港成为2021年全球表现最差的主要市场之一。</p><p>其中原因众多。2021年,中国政府对电子商务、游戏、房地产、博彩和课外辅导等行业实施了一系列监管举措,这些行业的股票都出现了下跌;新冠疫情的影响,以及中国经济增长的悲观情绪,也都拖累了港股。</p><p><a href=\"https://laohu8.com/S/002926\">华西证券</a>研究所分析师李立峰在2月12日的研报中指出,截至2022年1月,恒生指数PE倍数为11.55,低于过去十年均值。</p><p><b>恒生指数PE变化(TTM)</b></p><p><img src=\"https://static.tigerbbs.com/cad30add08a27015045af3903a3be0d7\" tg-width=\"1080\" tg-height=\"408\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:华西证券研究所</p><p>在这样的背景下,市场一种观点认为,港股估值处于历史低位、安全边际较高,可向下修正的幅度有限,呈现出抗跌属性且未来回报可期。</p><p>看好2022年香港市场走势的机构投资者认为,港股市场将受益于:1)中国针对互联网平台公司的监管接近尾声;2)2021年11 月以来针对房企的融资政策有边际放松,信用风险担忧逐步缓和;3)股市估值降低,价格有吸引力,在2022年可能会迎来估值修复。</p><p>比如<a href=\"https://laohu8.com/S/601377\">兴业证券</a>首席策略分析师张忆东认为,港股2022年具有明显的跌深反弹的动能,特别是在下半年,随着中国经济的企稳,内外资配置性的力量将会推高香港指数。<a href=\"https://laohu8.com/S/601995\">中金公司</a>在2月9日发布的《公募4Q21港股持仓》报告中指出,“港股明显估值比较优势、国内的明显宽松政策环境和可能进一步发力的稳增长力度,都有望推动南下资金进一步流入,为港股提供缓冲空间、甚至提供跑赢的可能性。因此,预计2022年也将成为港股均值回归的一年。”</p><p><b>这一预测像极了2021年初的状况。2021年的港股市场高开低走,年初时南下资金“抢夺定价权”的愿景犹言在耳。</b></p><p>但是到了年末,很多投资者谈港股色变。众多港股基金发生较大回撤,多位基金经理在四季报中表达了对港股的“敬畏之心”。</p><p>“回顾全年的港股市场,在我们过去十余年的港股从业经历来说,也是非常罕见的一年。我们既经历了年初短暂的火爆行情,也经历了年中市场的跌宕起伏,然后在冬天的此刻也感觉到了市场的‘冰冷’。” 中欧丰泓沪港深的基金经理沈悦、罗佳明在四季报中写道。</p><p>银华沪港深增长的基金经理周晶在四季报中表示:“港股市场一系列灰犀牛风险的暴露也让我们更加深刻的认识到,对离岸市场投资机会的评估,必须充分考虑其与本土市场的对比,必须遵从更为严苛的价值投资标准谨慎为之。”</p><p>2022年,港股到底会表现如何呢?</p><p><b>2、中概互联很关键</b></p><p>港股的走势如何,非常关键的是中概互联网公司的因素。</p><p>根据Wind数据,2022年1月,香港上市公司市值中,资讯科技业占港股总市值比重高达30.02%,以腾讯、<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、美团等平台类的互联网公司为代表;金融业占比为15.75%,排名第二;非必需性消费品和地产建筑业占比分别为13.51%和10.6%。</p><p>从市值来看,中概互联网公司代表了香港市场近三分之一的体量,是港股市场最大的板块。从流动性来讲,也占到了30%。</p><p><b>2022年1月,港股各行业板块占总市值比重、总交易量比重</b></p><p><img src=\"https://static.tigerbbs.com/8e42ad8e3afe8f9c66451691726289c4\" tg-width=\"1080\" tg-height=\"418\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:wind</p><p>因此,中概互联的走势对港股的走势非常重要,而当前市场对中概互联公司影响最大的就是关于互联网平台的监督问题。</p><p>2月21日,作为中概互联代表的港股恒生科技指数(HSTECH.HK)大幅下跌,截至收盘下跌2.96%。其中B站(09626.HK)下跌9.37%,快手(01024.HK)下跌6.91%、<a href=\"https://laohu8.com/S/06618\">京东健康</a>(06618.HK)下跌6.2%,<a href=\"https://laohu8.com/S/00700\">腾讯控股</a>(00700.HK)下跌5.53%、阿里巴巴- SW(09988.HK)下跌4.44%。</p><p>据称,雪球上一名用户发布了一条有关互联网大厂的帖子,而这名用户已经销户。</p><p>上一个交易日,也就是2月18日,中国发改委等14部门印发《关于促进服务业领域困难行业恢复发展的若干政策》,引导外卖等互联网平台企业进一步下调餐饮业商户服务费标准,降低相关餐饮企业经营成本。当日收盘,美团(03690.HK)股价大跌近15%。该消息拖累中概互联网公司集体下跌,中国海外互联网ETF——KWEB收跌5.04%。</p><p>尽管经历了糟糕的一年,但中概互联当前的价值是否被低估,市场尚未达成一致。</p><p>惠理基金的廖欣宇属于看好的一派,<b>他认为中国监管层对互联网公司的监最严厉的时候已经过去,预测《反垄断法》会在2022年的三、四月份出台,这可以被视为互联网行业的监管政策见底信号。</b>他表示,“2022年我们已经明显地加大了对港股的配置,但不会一步到位,而是会选择在不同阶段逐步加仓。他认为长线投资者2022年对港股的配置在当前时间点上可以到30-40%,同时“随着互联网行业监管政策的落地,和对地产行业的风险控制,我们今年对港股的配置可能到50%甚至更多。”</p><p>兴业证券首席策略分析师张忆东则认为,互联网平台公司2022年阶段性反弹20-30%甚至更多也很正常。申宏万源和华创证券亦认为互联网行业曙光初现,预计互联网(反垄断和数据安全)和传媒(游戏版号限制、内容审核)政策冲击造成的悲观预期逐步消化。</p><p>另一位公募基金经理的观点完全相反,他对《巴伦周刊》中文版表示:“目前中概互联网的价格远不算是深度折价,而更像是2020年的大涨之后的回调。市场上经常有人用FANGM做对标,认定中概互联网的股被低估,这是不合适的,因为双方优秀程度、企业文化截然不同。”</p><p>基于我们的分析,《巴伦周刊》中文版更倾向于后者,认为港股目前还不是投资者的掘金地。</p><p><b>3、港股不是掘金地</b></p><p>首先,中概互联网公司的估值并没有很低。</p><p>按照华西证券研究所的统计,2月11日,以龙头互联网公司为主的恒生资讯科技业PE为33.15倍,略低于过去十年的中位数34.06,远高于19.03的最小值。</p><p><b>港股行业指数PE(TTM)比较</b></p><p><img src=\"https://static.tigerbbs.com/106274b1db4d1d963a63d0f14a734a15\" tg-width=\"1080\" tg-height=\"464\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:华西证券研究所</p><p>拉长时间来看,港股并不是一个容易赚钱的市场。在截至2月21日的过去5年,恒生指数的持有回报率只有0.85%。同期,标普500的持有回报率高达83.7%。</p><p><b>恒生指数过去5年回报率</b></p><p><img src=\"https://static.tigerbbs.com/402d306ca34d417bffeb17d7038ea563\" tg-width=\"1080\" tg-height=\"601\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>图片来源:<a href=\"https://laohu8.com/S/GOOG\">谷歌</a></p><p><b>MSCI全市场指数过去5年的回报率</b></p><p><img src=\"https://static.tigerbbs.com/5743c331ac02223d5070c9d4641f5fc7\" tg-width=\"1080\" tg-height=\"615\" referrerpolicy=\"no-referrer\"/></p><p>同时,Wind数据显示,2022年2月以来,港股交易量环比并未发生巨大变化,意味着当前抄底港股并未成为机构标配,市场仍处于观望姿态。</p><p><b>2017年-2022年港股主板和创业板的成交量统计</b></p><p>(截至2021年至2022年2月21日)</p><p><img src=\"https://static.tigerbbs.com/572c9fb91f9f8546cf001ec0ff7372d5\" tg-width=\"852\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:wind</p><p>而美联储加息悬念未定、本轮奥密克戎疫情拖累香港经济、政府对互联网行业的监管常态化、以及与中国股市的联动,都将成为2022年港股走势的影响因素。</p><p>从市盈率角度看,过去两年,恒生指数市盈率在全球主要市场中位列最低。而当<b>对比全球主要股指市盈率历史后可以发现,港股估值与全球主要指数相比始终处于低位,几乎从未表现出对A股或美股的估值回归。</b></p><p><b>全球主要指数估值(TTM)</b></p><p><img src=\"https://static.tigerbbs.com/d34f520d20734bb70a4dec48bff55754\" tg-width=\"1080\" tg-height=\"448\" referrerpolicy=\"no-referrer\"/></p><p>数据来源:华西证券研究所</p><p>惠理投资资产管理(上海)的基金经理廖欣宇解释,与A股和美股相较,在香港上市交易公司的流动性更弱,导致公司估值有折价,而这个折价是长期存在的。他表示:“相较美股,港股成分股的构成相对单一。<b>随着未来更多新经济类型公司在港交所上市,同时更多追逐股利和分红的配置资金流入香港市场,港股的价值洼地才有可能发生结构性的变化。”</b></p><p>1月25日,资管巨头<a href=\"https://laohu8.com/S/BLK\">贝莱德</a>旗下首只中国科技ETF TCHI ,正式登陆纳斯达克市场。截至2月18日,该基金前十大重仓股分别为<a href=\"https://laohu8.com/S/BIDU\">百度</a>(BIDU)、腾讯(00700)、<a href=\"https://laohu8.com/S/NTES\">网易</a>(009999)、舜宇光(002382)、<a href=\"https://laohu8.com/S/JD\">京东</a>(009618)、小米(001810)、阿里巴巴(009988)、<a href=\"https://laohu8.com/S/300750\">宁德时代</a>(300750)、<a href=\"https://laohu8.com/S/PDD\">拼多多</a>(PDD)、美团(003690)。港股互联网公司占据60%的重仓股席位。但截至2月18日美股收盘,该基金资产净值仅有953.18万美元。投资者观望情绪可见一斑。</p><p>而曾经连续多次测港股转折点及走势的<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>首席亚洲股票策略师郭强盛(Jonathan Garner)预测香港恒生指数2022年终目标为25000点,与2月21日收盘点位相比,上升空间不大。</p><p>截至2月21日收盘,恒生指数报24170点。</p><p>因此,《巴伦周刊》中文版认为,从历史经验看,港股并非避险之地。投资港股意味着更长的等待期和更大的波动率,关注港股的投资者在下注之前应系好安全带。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c1cb237e736a4e03c939622e7b71e8e7","relate_stocks":{"BK1526":"科网股","BK1531":"手游股","BK1591":"就地过年概念","BK1589":"北水核心资产","TCEHY":"腾讯控股ADR","00700":"腾讯控股","BK1521":"挪威政府全球养老基金持仓","BK4077":"互动媒体与服务","BK1095":"互动媒体与服务","BK1586":"云计算","BK1517":"云办公","BK1502":"双十一","BK1608":"元宇宙概念"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187241825","content_text":"随着未来更多新经济类型公司在港交所上市,同时更多追逐股利和分红的配置资金流入香港市场,港股的价值洼地才有可能发生结构性的变化。“今年如果港股真的上涨,解套之后我再也不投港股了。”一位在2021年6月进入香港股市的投资者这样表达自己的无奈:“我抓不住这个市场的投资逻辑。”此时,正值市场上关于“港股是价值洼地”的呼声愈演愈烈之际。数据显示,香港恒生指数的动态市盈率(TTM)为 11.3倍,既低于全球其他主要市场,也低于其历史均值。但是作为价值洼地的港股是否能够平地而起,投资者的态度却截然不同。《巴伦周刊》中文版从对历史数据的分析之后,认为港股并不是投资者的掘金地。2月21日,受到腾讯等中概互联网公司大跌的影响,香港恒生科技指数(HSTECH.HK)大幅下跌,截至收盘下跌2.78%。1、从“价值洼地”到“敬畏之心”,港股到底是什么?虎年以来,香港股市逆全球股市颓势上涨。截至2月21日收盘,恒生指数(HSI)录得3.3%涨幅。与此同时,全球股市表现差强人意,MSCI全球指数下跌11.51%,标普500下跌9.33%。2022年各市场主要指数回报因恒生指数估值常年不及全球主要市场,港股被市场评价为价值洼地。尤其在经历过2021年的重挫后,这样的呼声愈发成为市场共识。2021年,香港股市遭受重创,恒生指数全年下跌14%,录得10年来最大年度损失,使得香港成为2021年全球表现最差的主要市场之一。其中原因众多。2021年,中国政府对电子商务、游戏、房地产、博彩和课外辅导等行业实施了一系列监管举措,这些行业的股票都出现了下跌;新冠疫情的影响,以及中国经济增长的悲观情绪,也都拖累了港股。华西证券研究所分析师李立峰在2月12日的研报中指出,截至2022年1月,恒生指数PE倍数为11.55,低于过去十年均值。恒生指数PE变化(TTM)数据来源:华西证券研究所在这样的背景下,市场一种观点认为,港股估值处于历史低位、安全边际较高,可向下修正的幅度有限,呈现出抗跌属性且未来回报可期。看好2022年香港市场走势的机构投资者认为,港股市场将受益于:1)中国针对互联网平台公司的监管接近尾声;2)2021年11 月以来针对房企的融资政策有边际放松,信用风险担忧逐步缓和;3)股市估值降低,价格有吸引力,在2022年可能会迎来估值修复。比如兴业证券首席策略分析师张忆东认为,港股2022年具有明显的跌深反弹的动能,特别是在下半年,随着中国经济的企稳,内外资配置性的力量将会推高香港指数。中金公司在2月9日发布的《公募4Q21港股持仓》报告中指出,“港股明显估值比较优势、国内的明显宽松政策环境和可能进一步发力的稳增长力度,都有望推动南下资金进一步流入,为港股提供缓冲空间、甚至提供跑赢的可能性。因此,预计2022年也将成为港股均值回归的一年。”这一预测像极了2021年初的状况。2021年的港股市场高开低走,年初时南下资金“抢夺定价权”的愿景犹言在耳。但是到了年末,很多投资者谈港股色变。众多港股基金发生较大回撤,多位基金经理在四季报中表达了对港股的“敬畏之心”。“回顾全年的港股市场,在我们过去十余年的港股从业经历来说,也是非常罕见的一年。我们既经历了年初短暂的火爆行情,也经历了年中市场的跌宕起伏,然后在冬天的此刻也感觉到了市场的‘冰冷’。” 中欧丰泓沪港深的基金经理沈悦、罗佳明在四季报中写道。银华沪港深增长的基金经理周晶在四季报中表示:“港股市场一系列灰犀牛风险的暴露也让我们更加深刻的认识到,对离岸市场投资机会的评估,必须充分考虑其与本土市场的对比,必须遵从更为严苛的价值投资标准谨慎为之。”2022年,港股到底会表现如何呢?2、中概互联很关键港股的走势如何,非常关键的是中概互联网公司的因素。根据Wind数据,2022年1月,香港上市公司市值中,资讯科技业占港股总市值比重高达30.02%,以腾讯、阿里巴巴、美团等平台类的互联网公司为代表;金融业占比为15.75%,排名第二;非必需性消费品和地产建筑业占比分别为13.51%和10.6%。从市值来看,中概互联网公司代表了香港市场近三分之一的体量,是港股市场最大的板块。从流动性来讲,也占到了30%。2022年1月,港股各行业板块占总市值比重、总交易量比重数据来源:wind因此,中概互联的走势对港股的走势非常重要,而当前市场对中概互联公司影响最大的就是关于互联网平台的监督问题。2月21日,作为中概互联代表的港股恒生科技指数(HSTECH.HK)大幅下跌,截至收盘下跌2.96%。其中B站(09626.HK)下跌9.37%,快手(01024.HK)下跌6.91%、京东健康(06618.HK)下跌6.2%,腾讯控股(00700.HK)下跌5.53%、阿里巴巴- SW(09988.HK)下跌4.44%。据称,雪球上一名用户发布了一条有关互联网大厂的帖子,而这名用户已经销户。上一个交易日,也就是2月18日,中国发改委等14部门印发《关于促进服务业领域困难行业恢复发展的若干政策》,引导外卖等互联网平台企业进一步下调餐饮业商户服务费标准,降低相关餐饮企业经营成本。当日收盘,美团(03690.HK)股价大跌近15%。该消息拖累中概互联网公司集体下跌,中国海外互联网ETF——KWEB收跌5.04%。尽管经历了糟糕的一年,但中概互联当前的价值是否被低估,市场尚未达成一致。惠理基金的廖欣宇属于看好的一派,他认为中国监管层对互联网公司的监最严厉的时候已经过去,预测《反垄断法》会在2022年的三、四月份出台,这可以被视为互联网行业的监管政策见底信号。他表示,“2022年我们已经明显地加大了对港股的配置,但不会一步到位,而是会选择在不同阶段逐步加仓。他认为长线投资者2022年对港股的配置在当前时间点上可以到30-40%,同时“随着互联网行业监管政策的落地,和对地产行业的风险控制,我们今年对港股的配置可能到50%甚至更多。”兴业证券首席策略分析师张忆东则认为,互联网平台公司2022年阶段性反弹20-30%甚至更多也很正常。申宏万源和华创证券亦认为互联网行业曙光初现,预计互联网(反垄断和数据安全)和传媒(游戏版号限制、内容审核)政策冲击造成的悲观预期逐步消化。另一位公募基金经理的观点完全相反,他对《巴伦周刊》中文版表示:“目前中概互联网的价格远不算是深度折价,而更像是2020年的大涨之后的回调。市场上经常有人用FANGM做对标,认定中概互联网的股被低估,这是不合适的,因为双方优秀程度、企业文化截然不同。”基于我们的分析,《巴伦周刊》中文版更倾向于后者,认为港股目前还不是投资者的掘金地。3、港股不是掘金地首先,中概互联网公司的估值并没有很低。按照华西证券研究所的统计,2月11日,以龙头互联网公司为主的恒生资讯科技业PE为33.15倍,略低于过去十年的中位数34.06,远高于19.03的最小值。港股行业指数PE(TTM)比较数据来源:华西证券研究所拉长时间来看,港股并不是一个容易赚钱的市场。在截至2月21日的过去5年,恒生指数的持有回报率只有0.85%。同期,标普500的持有回报率高达83.7%。恒生指数过去5年回报率图片来源:谷歌MSCI全市场指数过去5年的回报率同时,Wind数据显示,2022年2月以来,港股交易量环比并未发生巨大变化,意味着当前抄底港股并未成为机构标配,市场仍处于观望姿态。2017年-2022年港股主板和创业板的成交量统计(截至2021年至2022年2月21日)数据来源:wind而美联储加息悬念未定、本轮奥密克戎疫情拖累香港经济、政府对互联网行业的监管常态化、以及与中国股市的联动,都将成为2022年港股走势的影响因素。从市盈率角度看,过去两年,恒生指数市盈率在全球主要市场中位列最低。而当对比全球主要股指市盈率历史后可以发现,港股估值与全球主要指数相比始终处于低位,几乎从未表现出对A股或美股的估值回归。全球主要指数估值(TTM)数据来源:华西证券研究所惠理投资资产管理(上海)的基金经理廖欣宇解释,与A股和美股相较,在香港上市交易公司的流动性更弱,导致公司估值有折价,而这个折价是长期存在的。他表示:“相较美股,港股成分股的构成相对单一。随着未来更多新经济类型公司在港交所上市,同时更多追逐股利和分红的配置资金流入香港市场,港股的价值洼地才有可能发生结构性的变化。”1月25日,资管巨头贝莱德旗下首只中国科技ETF TCHI ,正式登陆纳斯达克市场。截至2月18日,该基金前十大重仓股分别为百度(BIDU)、腾讯(00700)、网易(009999)、舜宇光(002382)、京东(009618)、小米(001810)、阿里巴巴(009988)、宁德时代(300750)、拼多多(PDD)、美团(003690)。港股互联网公司占据60%的重仓股席位。但截至2月18日美股收盘,该基金资产净值仅有953.18万美元。投资者观望情绪可见一斑。而曾经连续多次测港股转折点及走势的摩根士丹利首席亚洲股票策略师郭强盛(Jonathan Garner)预测香港恒生指数2022年终目标为25000点,与2月21日收盘点位相比,上升空间不大。截至2月21日收盘,恒生指数报24170点。因此,《巴伦周刊》中文版认为,从历史经验看,港股并非避险之地。投资港股意味着更长的等待期和更大的波动率,关注港股的投资者在下注之前应系好安全带。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638532674,"gmtCreate":1645425704217,"gmtModify":1645425704217,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HSTECH\">$恒生科技指数(HSTECH)$</a>这行情和外因半点关系没有,全是内因","listText":"<a href=\"https://laohu8.com/S/HSTECH\">$恒生科技指数(HSTECH)$</a>这行情和外因半点关系没有,全是内因","text":"$恒生科技指数(HSTECH)$这行情和外因半点关系没有,全是内因","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/638532674","isVote":1,"tweetType":1,"viewCount":2004,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638813845,"gmtCreate":1645170395387,"gmtModify":1645170395387,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/03690\">$美团-W(03690)$</a>把私企整完就实现梦了,赶紧吧","listText":"<a href=\"https://laohu8.com/S/03690\">$美团-W(03690)$</a>把私企整完就实现梦了,赶紧吧","text":"$美团-W(03690)$把私企整完就实现梦了,赶紧吧","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/638813845","isVote":1,"tweetType":1,"viewCount":1748,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633931179,"gmtCreate":1643646521599,"gmtModify":1643646521599,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"新年别再折腾了好吗","listText":"新年别再折腾了好吗","text":"新年别再折腾了好吗","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/633931179","repostId":"1145592507","repostType":4,"repost":{"id":"1145592507","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":1643644596,"share":"https://www.laohu8.com/m/news/1145592507?lang=&edition=full","pubTime":"2022-01-31 23:56","market":"us","language":"zh","title":"中概股持续拉升,蔚来涨超14%","url":"https://stock-news.laohu8.com/highlight/detail?id=1145592507","media":"老虎资讯综合","summary":"1月31日,中概股持续拉升,蔚来涨超14%,哔哩哔哩、雾芯科技、百济神州、爱奇艺涨超12%,贝壳涨超11%,拼多多涨超10%","content":"<html><head></head><body><p>1月31日,中概股持续拉升,<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨超14%,<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>、<a href=\"https://laohu8.com/S/RLX\">雾芯科技</a>、<a href=\"https://laohu8.com/S/BGNE\">百济神州</a>、<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>涨超12%,<a href=\"https://laohu8.com/S/BEKE\">贝壳</a>涨超11%,拼多多涨超10%</p><p><img src=\"https://static.tigerbbs.com/88fbc9ffa2e6992e2e9287225451d00a\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>中概股持续拉升,蔚来涨超14%</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中概股持续拉升,蔚来涨超14%\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\">2022-01-31 23:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>1月31日,中概股持续拉升,<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨超14%,<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>、<a href=\"https://laohu8.com/S/RLX\">雾芯科技</a>、<a href=\"https://laohu8.com/S/BGNE\">百济神州</a>、<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>涨超12%,<a href=\"https://laohu8.com/S/BEKE\">贝壳</a>涨超11%,拼多多涨超10%</p><p><img src=\"https://static.tigerbbs.com/88fbc9ffa2e6992e2e9287225451d00a\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/fd680cd945fd32917c8ece66ec685e5f","relate_stocks":{"IQ":"爱奇艺","RLX":"雾芯科技","BILI":"哔哩哔哩","NIO":"蔚来","BGNE":"百济神州","BEKE":"贝壳","PDD":"拼多多"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145592507","content_text":"1月31日,中概股持续拉升,蔚来涨超14%,哔哩哔哩、雾芯科技、百济神州、爱奇艺涨超12%,贝壳涨超11%,拼多多涨超10%","news_type":1},"isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633059634,"gmtCreate":1643603935346,"gmtModify":1643603935346,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"30000跌到23000只跌了0.2%?","listText":"30000跌到23000只跌了0.2%?","text":"30000跌到23000只跌了0.2%?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633059634","repostId":"1189896486","repostType":4,"repost":{"id":"1189896486","pubTimestamp":1643602160,"share":"https://www.laohu8.com/m/news/1189896486?lang=&edition=full","pubTime":"2022-01-31 12:09","market":"sh","language":"zh","title":"港股牛年收官:恒指全年跌21%,中国石油涨79%为表现最佳蓝筹","url":"https://stock-news.laohu8.com/highlight/detail?id=1189896486","media":"新浪财经","summary":"1月31日消息,港股迎来牛年最后交易日,明日为中国农历新年,迎来虎年。截至今日收盘,港股涨1.07%,报23802.26点。港股在牛年(2021年2月12日至2022年1月31日)全年跌21%,从猪年","content":"<html><head></head><body><p>1月31日消息,港股迎来牛年最后交易日,明日为中国农历新年,迎来虎年。截至今日收盘,港股涨1.07%,报23802.26点。港股在牛年(2021年2月12日至2022年1月31日)全年跌21%,从猪年年收盘位的30173.57点涨至牛年初最高31183.36点,随后一路下跌,最低跌破23000点。恒生科技指数惨遭腰斩,从年初的11000多点跌至目前的5419.89点。港股牛年,中国石油涨幅高达79%,为表现最佳蓝筹,海底捞跌幅近80%,为表现最差蓝筹。</p><p>牛年全年(截至港股收官前一天)来看,(本文以下数据范围:从猪年除夕收盘价至2022年1月30日收盘价),全球主要股指具体表现如下:恒生指数全年跌21.6%,恒生科技指数跌48%,创业板指、深指跌幅分别为14.8%和16.5%,沪指跌8%,纳斯达克指数也跌1.4%,法国股指大涨22.8%领涨主要股指表现,标普500涨13.4%,道指涨10.5%。<img src=\"https://static.tigerbbs.com/31c53ec3f0a2d7ee9bd6987989fb23eb\" tg-width=\"481\" tg-height=\"731\" referrerpolicy=\"no-referrer\"/>牛年全年来看,港股表现最好的蓝筹是中国石油,牛年涨幅高达72.4%,李嘉诚旗下公司涨幅居前,长实集团涨38.7%,电能实业涨29.9%,长江基建集团涨21.1%。<img src=\"https://static.tigerbbs.com/bdb69cb8a702f8c57a681d2352327695\" tg-width=\"481\" tg-height=\"288\" referrerpolicy=\"no-referrer\"/></p><p>牛年表现最差蓝筹来看,海底捞重挫80%领跌蓝筹,阿里健康重挫78%,阿里、美团股价腰斩,小米跌超40%,腾讯跌37.6%。</p><p><img src=\"https://static.tigerbbs.com/5aa81475b8572eaecb8f702ce700d81e\" tg-width=\"481\" tg-height=\"289\" referrerpolicy=\"no-referrer\"/></p><p>港股通个股来看,牛年涨幅最好的是具有钢铁概念的山东墨龙,涨幅超3倍,国货之光的特步国际涨幅286%,煤炭概念的兖煤能源也涨2倍以及绿电概念股涨幅居前,中广核新能源、华润电力、中国电力等涨幅翻倍,航运概念的中远海控、太平洋航运涨幅翻倍,氢概念的京城机电涨120%。</p><p><img src=\"https://static.tigerbbs.com/e80f198e722ab836714673de6ebf5d66\" tg-width=\"550\" tg-height=\"270\" referrerpolicy=\"no-referrer\"/></p><p>港股通个股跌幅前20来看,深陷资金链危机的中国恒大跌幅89.6%领跌,恒大物业跌86%;双减新规下的教育股跌幅居前,思考乐教育跌89%,光正教育跌85%,新东方在线跌84%,天立教育跌81%;B类医药股遭资金抛售,心通医疗跌83%,药明巨诺跌78%,在线医疗的阿里健康、平安好医生重挫;餐饮股重挫,海底捞、呷哺呷哺跌超80%,颐海国际跌78%;内房偿债压力下,除了恒大,祥生控股跌81%,中国奥园跌77%;快手则是互联网公司中唯一一个跌幅超过70%的。</p><p><img src=\"https://static.tigerbbs.com/73149fc69f80b1d6ad8b107462456e13\" tg-width=\"550\" tg-height=\"269\" referrerpolicy=\"no-referrer\"/></p><p>港股春节期间股市安排:正月初四开市</p><p>根据沪港深三地交易安排,1月31日(星期一)至2月6日(星期日)A股休市,2月7日(星期一)起照常开市。1月31日港股半日市,下午起休市三天半,2月4日(正月初四,星期五)港股开市一天,2月5号(星期六)、2月6号(星期日)为周末港股休市。</p><p>此外,据沪深交易所,1月27日(星期四)至2月6日(星期日)不提供港股通服务,2月7日(星期一)起照常开通港股通服务。根据港交所安排,27日、28日北向正常交易,南向关闭,2月7日起北向、南向正常交易。</p><p><img src=\"https://static.tigerbbs.com/52b7fc77593e4d3455cd5d005608feea\" tg-width=\"509\" tg-height=\"560\" referrerpolicy=\"no-referrer\"/></p><p>机构展望2022年:港股有望底部重生</p><p>兴证策略张忆东表示,中国港股2022年对于美股的动荡将逐步脱敏,有望迎来海外资金从其他新兴市场回归,维持2022年“港股反弹小牛市”的判断。港股作为“全球估值洼地”,基于中国稳经济的货币政策、财政政策发力以及中国房地产、互联网等产业政策环境边际改善,2022年港股将迎来内资和外资增持意愿的双重提升。</p><p>中金策略认为,考虑到有利的政策环境和较低的估值水平,2022年港股市场可能是均值回归的一年。随着国内利好政策年初进一步发力,尤其是短期不确定性逐步消退后,我们对海外中资股前景依然保持积极,有望吸引更多资金流入。从技术角度来看,卖空成交比率攀升至历史相对高位,表明市场情绪也已经释放到一个较高位置,这往往是短期市场的底部信号。</p><p><img src=\"https://static.tigerbbs.com/c2f253d358375fec615fc2d110f928fc\" tg-width=\"550\" tg-height=\"1009\" referrerpolicy=\"no-referrer\"/></p></body></html>","source":"XLCJ","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>港股牛年收官:恒指全年跌21%,中国石油涨79%为表现最佳蓝筹</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; 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class=\"title\">\n港股牛年收官:恒指全年跌21%,中国石油涨79%为表现最佳蓝筹\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-31 12:09 北京时间 <a href=https://finance.sina.com.cn/stock/hkstock/hkstocknews/2022-01-31/doc-ikyakumy3303451.shtml?cref=cj><strong>新浪财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1月31日消息,港股迎来牛年最后交易日,明日为中国农历新年,迎来虎年。截至今日收盘,港股涨1.07%,报23802.26点。港股在牛年(2021年2月12日至2022年1月31日)全年跌21%,从猪年年收盘位的30173.57点涨至牛年初最高31183.36点,随后一路下跌,最低跌破23000点。恒生科技指数惨遭腰斩,从年初的11000多点跌至目前的5419.89点。港股牛年,中国石油涨幅高达...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/hkstock/hkstocknews/2022-01-31/doc-ikyakumy3303451.shtml?cref=cj\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/09caddfc0c2d2ea28b3db992baa72dbf","relate_stocks":{"HSCCI":"红筹指数","HSTECH":"恒生科技指数","HSI":"恒生指数","HSCEI":"国企指数"},"source_url":"https://finance.sina.com.cn/stock/hkstock/hkstocknews/2022-01-31/doc-ikyakumy3303451.shtml?cref=cj","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189896486","content_text":"1月31日消息,港股迎来牛年最后交易日,明日为中国农历新年,迎来虎年。截至今日收盘,港股涨1.07%,报23802.26点。港股在牛年(2021年2月12日至2022年1月31日)全年跌21%,从猪年年收盘位的30173.57点涨至牛年初最高31183.36点,随后一路下跌,最低跌破23000点。恒生科技指数惨遭腰斩,从年初的11000多点跌至目前的5419.89点。港股牛年,中国石油涨幅高达79%,为表现最佳蓝筹,海底捞跌幅近80%,为表现最差蓝筹。牛年全年(截至港股收官前一天)来看,(本文以下数据范围:从猪年除夕收盘价至2022年1月30日收盘价),全球主要股指具体表现如下:恒生指数全年跌21.6%,恒生科技指数跌48%,创业板指、深指跌幅分别为14.8%和16.5%,沪指跌8%,纳斯达克指数也跌1.4%,法国股指大涨22.8%领涨主要股指表现,标普500涨13.4%,道指涨10.5%。牛年全年来看,港股表现最好的蓝筹是中国石油,牛年涨幅高达72.4%,李嘉诚旗下公司涨幅居前,长实集团涨38.7%,电能实业涨29.9%,长江基建集团涨21.1%。牛年表现最差蓝筹来看,海底捞重挫80%领跌蓝筹,阿里健康重挫78%,阿里、美团股价腰斩,小米跌超40%,腾讯跌37.6%。港股通个股来看,牛年涨幅最好的是具有钢铁概念的山东墨龙,涨幅超3倍,国货之光的特步国际涨幅286%,煤炭概念的兖煤能源也涨2倍以及绿电概念股涨幅居前,中广核新能源、华润电力、中国电力等涨幅翻倍,航运概念的中远海控、太平洋航运涨幅翻倍,氢概念的京城机电涨120%。港股通个股跌幅前20来看,深陷资金链危机的中国恒大跌幅89.6%领跌,恒大物业跌86%;双减新规下的教育股跌幅居前,思考乐教育跌89%,光正教育跌85%,新东方在线跌84%,天立教育跌81%;B类医药股遭资金抛售,心通医疗跌83%,药明巨诺跌78%,在线医疗的阿里健康、平安好医生重挫;餐饮股重挫,海底捞、呷哺呷哺跌超80%,颐海国际跌78%;内房偿债压力下,除了恒大,祥生控股跌81%,中国奥园跌77%;快手则是互联网公司中唯一一个跌幅超过70%的。港股春节期间股市安排:正月初四开市根据沪港深三地交易安排,1月31日(星期一)至2月6日(星期日)A股休市,2月7日(星期一)起照常开市。1月31日港股半日市,下午起休市三天半,2月4日(正月初四,星期五)港股开市一天,2月5号(星期六)、2月6号(星期日)为周末港股休市。此外,据沪深交易所,1月27日(星期四)至2月6日(星期日)不提供港股通服务,2月7日(星期一)起照常开通港股通服务。根据港交所安排,27日、28日北向正常交易,南向关闭,2月7日起北向、南向正常交易。机构展望2022年:港股有望底部重生兴证策略张忆东表示,中国港股2022年对于美股的动荡将逐步脱敏,有望迎来海外资金从其他新兴市场回归,维持2022年“港股反弹小牛市”的判断。港股作为“全球估值洼地”,基于中国稳经济的货币政策、财政政策发力以及中国房地产、互联网等产业政策环境边际改善,2022年港股将迎来内资和外资增持意愿的双重提升。中金策略认为,考虑到有利的政策环境和较低的估值水平,2022年港股市场可能是均值回归的一年。随着国内利好政策年初进一步发力,尤其是短期不确定性逐步消退后,我们对海外中资股前景依然保持积极,有望吸引更多资金流入。从技术角度来看,卖空成交比率攀升至历史相对高位,表明市场情绪也已经释放到一个较高位置,这往往是短期市场的底部信号。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696490872,"gmtCreate":1640743319446,"gmtModify":1640743319446,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HSTECH\">$恒生科技指数(HSTECH)$</a>举世罕见的懂王","listText":"<a href=\"https://laohu8.com/S/HSTECH\">$恒生科技指数(HSTECH)$</a>举世罕见的懂王","text":"$恒生科技指数(HSTECH)$举世罕见的懂王","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696490872","isVote":1,"tweetType":1,"viewCount":1848,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608415348,"gmtCreate":1638776326668,"gmtModify":1638776326668,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"45264005313516","idStr":"45264005313516"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HSTECH\">$恒生科技指数(HSTECH)$</a>所到之处,寸草不生,饿殍满地","listText":"<a 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14:21","market":"hk","language":"zh","title":"科技股午后继续下挫,恒生科技指数跌3%刷历史新低","url":"https://stock-news.laohu8.com/highlight/detail?id=1167851820","media":"老虎资讯综合","summary":"12月6日,科技股午后继续下挫,恒生科技指数跌3%,盘中刷新去年7月该指数推出以来新低,报5747.6点。\n成分股中,携程集团-S跌超11%,万国数据-SW、微盟集团跌超8%,百度集团-SW、阿里巴巴","content":"<p>12月6日,科技股午后继续下挫,恒生科技指数跌3%,盘中刷新去年7月该指数推出以来新低,报5747.6点。</p>\n<p>成分股中,<a href=\"https://laohu8.com/S/09961\">携程集团-S</a>跌超11%,<a href=\"https://laohu8.com/S/09698\">万国数据-SW</a>、<a href=\"https://laohu8.com/S/02013\">微盟集团</a>跌超8%,<a href=\"https://laohu8.com/S/09888\">百度集团-SW</a>、<a href=\"https://laohu8.com/S/09988\">阿里巴巴-SW</a>、<a href=\"https://laohu8.com/S/09999\">网易-S</a>跌超5%,<a href=\"https://laohu8.com/S/09626\">哔哩哔哩-SW</a>、<a href=\"https://laohu8.com/S/00268\">金蝶国际</a>、<a href=\"https://laohu8.com/S/01347\">华虹半导体</a>、<a href=\"https://laohu8.com/S/01024\">快手-W</a>跌超4%,<a href=\"https://laohu8.com/S/SMI\">中芯国际</a>、<a href=\"https://laohu8.com/S/03690\">美团-W</a>跌超3%,<a href=\"https://laohu8.com/S/00700\">腾讯控股</a>跌近3%。</p>\n<p><img src=\"https://static.tigerbbs.com/ebb87ed65ad4d9bf0f27d42364d152a8\" 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>科技股午后继续下挫,恒生科技指数跌3%刷历史新低</title>\n<style 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14:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>12月6日,科技股午后继续下挫,恒生科技指数跌3%,盘中刷新去年7月该指数推出以来新低,报5747.6点。</p>\n<p>成分股中,<a href=\"https://laohu8.com/S/09961\">携程集团-S</a>跌超11%,<a href=\"https://laohu8.com/S/09698\">万国数据-SW</a>、<a href=\"https://laohu8.com/S/02013\">微盟集团</a>跌超8%,<a href=\"https://laohu8.com/S/09888\">百度集团-SW</a>、<a href=\"https://laohu8.com/S/09988\">阿里巴巴-SW</a>、<a href=\"https://laohu8.com/S/09999\">网易-S</a>跌超5%,<a href=\"https://laohu8.com/S/09626\">哔哩哔哩-SW</a>、<a href=\"https://laohu8.com/S/00268\">金蝶国际</a>、<a href=\"https://laohu8.com/S/01347\">华虹半导体</a>、<a href=\"https://laohu8.com/S/01024\">快手-W</a>跌超4%,<a href=\"https://laohu8.com/S/SMI\">中芯国际</a>、<a href=\"https://laohu8.com/S/03690\">美团-W</a>跌超3%,<a href=\"https://laohu8.com/S/00700\">腾讯控股</a>跌近3%。</p>\n<p><img src=\"https://static.tigerbbs.com/ebb87ed65ad4d9bf0f27d42364d152a8\" tg-width=\"840\" tg-height=\"470\" 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Issuance),以全面简化及数码化香港的首次公开招股程序。香港交易所就2020年11月的FINI框架谘询文件刊发<b>谘询总结</b>,回应人士绝大多数均支持实施有关建议,促进香港首次公开招股市场的现代化进程。</p>\n<p>香港交易所共收到49份来自香港首次公开招股市场参与者对FINI框架谘询文件的回应意见,90%均支持引入FINI。绝大部分回应人士同意FINI可减低市场风险、提升效率、使参与者的互动更现代化,并为香港集资市场进一步数码化奠定基础,让香港首次公开招股市场整体受惠。</p>\n<p>香港交易所集团行政总裁欧冠升表示:“我们很高兴看到今次推动首次公开招股结算程序现代化的建议获得市场广泛支持。FINI未来可缩短新股定价与开始交易之间的周期,除了提升市场效率,更可巩固香港作为全球集资市场的地位。”</p>\n<p>香港上市的新股现行「T+5」结算周期,而FINI框架谘询文件建议将有关周期缩短至「T+1」。经谘询市场并考虑市场意见及营运上的需要后,香港交易所将落实推展FINI作为日后所有新股的统一处理平台,但会先行采用「T+2」结算周期1。</p>\n<p>推出FINI后,结算参与者可选择采用压缩预先付款模式,以改善热门新股在认购期内冻结大量预付资金的情况。</p>\n<p>欧冠升补充:“今次推动FINI的过程印证香港交易所广纳意见,与市场同心协力,优化及开发最切合的技术平台及程序,为整个市场的未来发展带来裨益。我们非常感谢所有为完善FINI建议提出过宝贵意见和想法的人士,香港交易所期待能与市场保持紧密合作,共同推行这项重大的市场创新项目。”</p>\n<p>经纪、股份过户登记处、公开招股保荐人、律师、包销商、分销商及监管机构均可利用透过FINI这全新的数码平台履行各自的职责,于上市启动、认购、定价、配发、付款、监管批准及纳入股份等各个流程当中相互协调。</p>\n<p>香港交易所为确保市场在过渡至FINI前有足够的准备时间,预期FINI最早于2022年第四季才会启用。香港交易所将于适时邀请市场参与者参加一系列的相关活动,包括应用教学、建立用户账号、全市场测试及预演等,以确保全体顺利过渡。如有需要,香港交易所稍后亦会就《上市规则》及其他操作程序的必要修订另作公布及谘询市场意见。</p>","collect":0,"html":"<!DOCTYPE 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{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港交所将推出FINI,全面现代化香港市场首次公开招股程序\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-07-06 12:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>市场广泛支持推出FINI的建议,将香港首次公开招股结算程序精简及现代化</li>\n <li>香港交易所将采纳「T+2」首次公开招股结算周期,最早于2022年第四季实施</li>\n <li>调整FINI的设计,以切合首次公开招股市场各重要持份者的要求</li>\n</ul>\n<p>香港交易及结算所有限公司(香港交易所)今天(星期二)宣布,将会落实推出全新平台FINI(Fast Interface for New Issuance),以全面简化及数码化香港的首次公开招股程序。香港交易所就2020年11月的FINI框架谘询文件刊发<b>谘询总结</b>,回应人士绝大多数均支持实施有关建议,促进香港首次公开招股市场的现代化进程。</p>\n<p>香港交易所共收到49份来自香港首次公开招股市场参与者对FINI框架谘询文件的回应意见,90%均支持引入FINI。绝大部分回应人士同意FINI可减低市场风险、提升效率、使参与者的互动更现代化,并为香港集资市场进一步数码化奠定基础,让香港首次公开招股市场整体受惠。</p>\n<p>香港交易所集团行政总裁欧冠升表示:“我们很高兴看到今次推动首次公开招股结算程序现代化的建议获得市场广泛支持。FINI未来可缩短新股定价与开始交易之间的周期,除了提升市场效率,更可巩固香港作为全球集资市场的地位。”</p>\n<p>香港上市的新股现行「T+5」结算周期,而FINI框架谘询文件建议将有关周期缩短至「T+1」。经谘询市场并考虑市场意见及营运上的需要后,香港交易所将落实推展FINI作为日后所有新股的统一处理平台,但会先行采用「T+2」结算周期1。</p>\n<p>推出FINI后,结算参与者可选择采用压缩预先付款模式,以改善热门新股在认购期内冻结大量预付资金的情况。</p>\n<p>欧冠升补充:“今次推动FINI的过程印证香港交易所广纳意见,与市场同心协力,优化及开发最切合的技术平台及程序,为整个市场的未来发展带来裨益。我们非常感谢所有为完善FINI建议提出过宝贵意见和想法的人士,香港交易所期待能与市场保持紧密合作,共同推行这项重大的市场创新项目。”</p>\n<p>经纪、股份过户登记处、公开招股保荐人、律师、包销商、分销商及监管机构均可利用透过FINI这全新的数码平台履行各自的职责,于上市启动、认购、定价、配发、付款、监管批准及纳入股份等各个流程当中相互协调。</p>\n<p>香港交易所为确保市场在过渡至FINI前有足够的准备时间,预期FINI最早于2022年第四季才会启用。香港交易所将于适时邀请市场参与者参加一系列的相关活动,包括应用教学、建立用户账号、全市场测试及预演等,以确保全体顺利过渡。如有需要,香港交易所稍后亦会就《上市规则》及其他操作程序的必要修订另作公布及谘询市场意见。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/93cd9a1b7ca235b465c66943d1cfe6c9","relate_stocks":{"00388":"香港交易所"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133686123","content_text":"市场广泛支持推出FINI的建议,将香港首次公开招股结算程序精简及现代化\n香港交易所将采纳「T+2」首次公开招股结算周期,最早于2022年第四季实施\n调整FINI的设计,以切合首次公开招股市场各重要持份者的要求\n\n香港交易及结算所有限公司(香港交易所)今天(星期二)宣布,将会落实推出全新平台FINI(Fast Interface for New Issuance),以全面简化及数码化香港的首次公开招股程序。香港交易所就2020年11月的FINI框架谘询文件刊发谘询总结,回应人士绝大多数均支持实施有关建议,促进香港首次公开招股市场的现代化进程。\n香港交易所共收到49份来自香港首次公开招股市场参与者对FINI框架谘询文件的回应意见,90%均支持引入FINI。绝大部分回应人士同意FINI可减低市场风险、提升效率、使参与者的互动更现代化,并为香港集资市场进一步数码化奠定基础,让香港首次公开招股市场整体受惠。\n香港交易所集团行政总裁欧冠升表示:“我们很高兴看到今次推动首次公开招股结算程序现代化的建议获得市场广泛支持。FINI未来可缩短新股定价与开始交易之间的周期,除了提升市场效率,更可巩固香港作为全球集资市场的地位。”\n香港上市的新股现行「T+5」结算周期,而FINI框架谘询文件建议将有关周期缩短至「T+1」。经谘询市场并考虑市场意见及营运上的需要后,香港交易所将落实推展FINI作为日后所有新股的统一处理平台,但会先行采用「T+2」结算周期1。\n推出FINI后,结算参与者可选择采用压缩预先付款模式,以改善热门新股在认购期内冻结大量预付资金的情况。\n欧冠升补充:“今次推动FINI的过程印证香港交易所广纳意见,与市场同心协力,优化及开发最切合的技术平台及程序,为整个市场的未来发展带来裨益。我们非常感谢所有为完善FINI建议提出过宝贵意见和想法的人士,香港交易所期待能与市场保持紧密合作,共同推行这项重大的市场创新项目。”\n经纪、股份过户登记处、公开招股保荐人、律师、包销商、分销商及监管机构均可利用透过FINI这全新的数码平台履行各自的职责,于上市启动、认购、定价、配发、付款、监管批准及纳入股份等各个流程当中相互协调。\n香港交易所为确保市场在过渡至FINI前有足够的准备时间,预期FINI最早于2022年第四季才会启用。香港交易所将于适时邀请市场参与者参加一系列的相关活动,包括应用教学、建立用户账号、全市场测试及预演等,以确保全体顺利过渡。如有需要,香港交易所稍后亦会就《上市规则》及其他操作程序的必要修订另作公布及谘询市场意见。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":344031069606088,"gmtCreate":1725016606248,"gmtModify":1725016608046,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"45264005313516","authorIdStr":"45264005313516"},"themes":[],"htmlText":"老乡别走","listText":"老乡别走","text":"老乡别走","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/344031069606088","repostId":"1199506169","repostType":2,"repost":{"id":"1199506169","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":1725008774,"share":"https://www.laohu8.com/m/news/1199506169?lang=&edition=full","pubTime":"2024-08-30 17:06","market":"hk","language":"zh","title":"盘前异动 | 阿里涨超4%,国家市监总局宣布阿里整改完成","url":"https://stock-news.laohu8.com/highlight/detail?id=1199506169","media":"老虎资讯综合","summary":"平台经济发展质量和营商环境持续优化。","content":"<html><head></head><body><p>本周五(8月30日)盘前, <a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a> 涨超4%,截至发稿报84.27美元:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbb7f0f40a019d08e5a3c0bc35d2b41e\" title=\"\" tg-width=\"1224\" tg-height=\"1322\"/></p><p>8月30日下午消息,国家市场监督管理总局发布公告,宣布阿里巴巴集团完成三年整改,取得良好成效。</p><p style=\"text-align: start;\">市场监管总局发文称,2021年4月,市场监管总局依法对阿里巴巴集团控股有限公司(以下简称阿里巴巴集团)在中国境内网络零售平台服务市场实施“二选一”垄断行为作出行政处罚开展行政指导,责令其停止违法行为、全面自查整改,连续三年向市场监管总局提交自查合规报告。</p><p style=\"text-align: start;\">三年来,市场监管总局加强对阿里巴巴集团合规整改的督导,对整改落实情况开展深入核查,并委托第三方机构开展执法效果评估。从核查和评估情况看,阿里巴巴集团按照《行政处罚决定书》《行政指导书》要求,全面停止“二选一”垄断行为,严格规范自身经营行为,认真落实平台主体责任,健全企业合规管理制度,提升平台内商家和消费者服务水平,合规整改工作取得良好成效,网络零售市场环境得到改善,公平竞争秩序有效恢复,市场发展空间不断拓展,平台间竞争活力明显提高,平台经济发展质量和营商环境持续优化。下一步,市场监管总局将指导阿里巴巴集团持续规范经营,进一步提升合规质效,加快创新驱动发展,不断提升服务水平,为建设世界一流企业、增强国际竞争力提供坚实保障。</p><p style=\"text-align: start;\">党中央、国务院高度重视促进平台经济发展,市场监管总局将坚决贯彻落实党的二十大和二十届二中、三中全会精神,统筹效率和公平、活力和秩序、发展和安全,坚持监管规范和促进发展并重,深入推进平台经济领域反垄断监管执法,加快健全常态化监管制度,指导平台企业提升合规能力和水平,不断优化公平竞争市场环境,促进平台经济规范健康持续创新发展。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/917073a6f94bc28dd1fd1808185c3008\" title=\"\" tg-width=\"550\" tg-height=\"457\"/></p><p>阿里巴巴对此回应称,对于阿里巴巴而言,这是一个新的发展起点。未来,我们将继续立足创新,坚持合规经营,加大科技投入,推动平台经济健康发展,为社会创造更多价值。</p></body></html>","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>盘前异动 | 阿里涨超4%,国家市监总局宣布阿里整改完成</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; 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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盘前异动 | 阿里涨超4%,国家市监总局宣布阿里整改完成\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\">2024-08-30 17:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>本周五(8月30日)盘前, <a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a> 涨超4%,截至发稿报84.27美元:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbb7f0f40a019d08e5a3c0bc35d2b41e\" title=\"\" tg-width=\"1224\" tg-height=\"1322\"/></p><p>8月30日下午消息,国家市场监督管理总局发布公告,宣布阿里巴巴集团完成三年整改,取得良好成效。</p><p style=\"text-align: start;\">市场监管总局发文称,2021年4月,市场监管总局依法对阿里巴巴集团控股有限公司(以下简称阿里巴巴集团)在中国境内网络零售平台服务市场实施“二选一”垄断行为作出行政处罚开展行政指导,责令其停止违法行为、全面自查整改,连续三年向市场监管总局提交自查合规报告。</p><p style=\"text-align: start;\">三年来,市场监管总局加强对阿里巴巴集团合规整改的督导,对整改落实情况开展深入核查,并委托第三方机构开展执法效果评估。从核查和评估情况看,阿里巴巴集团按照《行政处罚决定书》《行政指导书》要求,全面停止“二选一”垄断行为,严格规范自身经营行为,认真落实平台主体责任,健全企业合规管理制度,提升平台内商家和消费者服务水平,合规整改工作取得良好成效,网络零售市场环境得到改善,公平竞争秩序有效恢复,市场发展空间不断拓展,平台间竞争活力明显提高,平台经济发展质量和营商环境持续优化。下一步,市场监管总局将指导阿里巴巴集团持续规范经营,进一步提升合规质效,加快创新驱动发展,不断提升服务水平,为建设世界一流企业、增强国际竞争力提供坚实保障。</p><p style=\"text-align: start;\">党中央、国务院高度重视促进平台经济发展,市场监管总局将坚决贯彻落实党的二十大和二十届二中、三中全会精神,统筹效率和公平、活力和秩序、发展和安全,坚持监管规范和促进发展并重,深入推进平台经济领域反垄断监管执法,加快健全常态化监管制度,指导平台企业提升合规能力和水平,不断优化公平竞争市场环境,促进平台经济规范健康持续创新发展。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/917073a6f94bc28dd1fd1808185c3008\" title=\"\" tg-width=\"550\" tg-height=\"457\"/></p><p>阿里巴巴对此回应称,对于阿里巴巴而言,这是一个新的发展起点。未来,我们将继续立足创新,坚持合规经营,加大科技投入,推动平台经济健康发展,为社会创造更多价值。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d752152b73947ff2f4b1c08ab9eecc39","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199506169","content_text":"本周五(8月30日)盘前, 阿里巴巴 涨超4%,截至发稿报84.27美元:8月30日下午消息,国家市场监督管理总局发布公告,宣布阿里巴巴集团完成三年整改,取得良好成效。市场监管总局发文称,2021年4月,市场监管总局依法对阿里巴巴集团控股有限公司(以下简称阿里巴巴集团)在中国境内网络零售平台服务市场实施“二选一”垄断行为作出行政处罚开展行政指导,责令其停止违法行为、全面自查整改,连续三年向市场监管总局提交自查合规报告。三年来,市场监管总局加强对阿里巴巴集团合规整改的督导,对整改落实情况开展深入核查,并委托第三方机构开展执法效果评估。从核查和评估情况看,阿里巴巴集团按照《行政处罚决定书》《行政指导书》要求,全面停止“二选一”垄断行为,严格规范自身经营行为,认真落实平台主体责任,健全企业合规管理制度,提升平台内商家和消费者服务水平,合规整改工作取得良好成效,网络零售市场环境得到改善,公平竞争秩序有效恢复,市场发展空间不断拓展,平台间竞争活力明显提高,平台经济发展质量和营商环境持续优化。下一步,市场监管总局将指导阿里巴巴集团持续规范经营,进一步提升合规质效,加快创新驱动发展,不断提升服务水平,为建设世界一流企业、增强国际竞争力提供坚实保障。党中央、国务院高度重视促进平台经济发展,市场监管总局将坚决贯彻落实党的二十大和二十届二中、三中全会精神,统筹效率和公平、活力和秩序、发展和安全,坚持监管规范和促进发展并重,深入推进平台经济领域反垄断监管执法,加快健全常态化监管制度,指导平台企业提升合规能力和水平,不断优化公平竞争市场环境,促进平台经济规范健康持续创新发展。阿里巴巴对此回应称,对于阿里巴巴而言,这是一个新的发展起点。未来,我们将继续立足创新,坚持合规经营,加大科技投入,推动平台经济健康发展,为社会创造更多价值。","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":635464957,"gmtCreate":1647223842590,"gmtModify":1647223842590,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"45264005313516","authorIdStr":"45264005313516"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HSI\">$恒生指数(HSI)$</a>年初都说了,跌破20000就在今年,从蚂蚁金服以后互联网就走向了破产","listText":"<a href=\"https://laohu8.com/S/HSI\">$恒生指数(HSI)$</a>年初都说了,跌破20000就在今年,从蚂蚁金服以后互联网就走向了破产","text":"$恒生指数(HSI)$年初都说了,跌破20000就在今年,从蚂蚁金服以后互联网就走向了破产","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/635464957","isVote":1,"tweetType":1,"viewCount":2135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638749974,"gmtCreate":1645542393609,"gmtModify":1645542393609,"author":{"id":"45264005313516","authorId":"45264005313516","name":"Hsuhsuhsu","avatar":"https://static.laohu8.com/32f400440a653fc5e30475aa355e8f3a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"45264005313516","authorIdStr":"45264005313516"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$</a>破产都不是没可能","listText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$</a>破产都不是没可能","text":"$阿里巴巴(BABA)$破产都不是没可能","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/638749974","isVote":1,"tweetType":1,"viewCount":4005,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}