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2021-12-17

Good for you but I won’t be joining you

SoFi Stock: The More It Falls, The More I Buy<blockquote>SoFi 股票：跌得越多，我买得越多</blockquote>

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The ominous warning to not try to catch a falling knife holds true here as the bottom can only ever be truly known in retrospect. To be clear here, I think SoFi (NASDAQ:SOFI) is going to keep on dipping. This will be on the back of an absence of a catalyst and as this torrid year fully plays out. As mentioned in my previous article, this weakness is due to the amalgamation of a number of factors that will likely persist for a while.<blockquote>当股票持续下跌时，逢低买入可能会很快陷入更大的资本损失。不要试图接住掉落的刀的不祥警告在这里是正确的，因为底部只有在回顾过去才能真正知道。需要明确的是，我认为 SoFi（纳斯达克股票代码：SOFI）将继续下跌。这将是由于缺乏催化剂，并且随着这个炎热的一年的全面展开。正如我在之前的文章中提到的，这种弱点是由于许多因素的融合，这些因素可能会持续一段时间。</blockquote> For the sake of transparency, I aim to control at least 2,500 shares going into 2022. This will be up from 1,000 currently and will hopefully be at a cost average lower than $15 but currently sits higher at $15.78. Hence, the title. The more SoFi falls the more I buy. Critically, this allows me to accumulate more shares at a lower cost average in a company included in the apex of the world's largest economy's shift to digital financial services. The opportunity is truly being underrated by the market.<blockquote>为了透明度，我的目标是到 2022 年控制至少 2,500 股股票。这将高于目前的 1,000 美元，希望平均成本低于 15 美元，但目前高于 15.78 美元。因此，标题。SoFi 跌得越多，我买的就越多。至关重要的是，这使我能够以较低的平均成本在一家全球最大经济体向数字金融服务转型的顶峰公司中积累更多股份。这个机会确实被市场低估了。</blockquote> The 2008 global financial crisis was a watershed moment in Western banking as too big to fail banks failed and trust in the traditional financial orthodoxy was broken. For a new generation of people growing up in the period after the largest economic collapse in a generation, there had to be alternatives. And while this is now in the rearview, the GFC birthed fintech firms like SoFi who have positioned themselves to ride the wave of growing consumer adoption of fintech.<blockquote>2008年全球金融危机是西方银行业的一个分水岭，因为大到不能倒的银行倒闭了，对传统金融正统观念的信任也被打破了。对于在一代人中最严重的经济崩溃后成长起来的新一代人来说，必须有其他选择。虽然这现在已经成为过去，但GFC催生了像SoFi这样的金融科技公司，这些公司已经将自己定位为乘着消费者对金融科技日益增长的采用浪潮。</blockquote> SoFi Versus The Great Unbundling Of Financial Services<blockquote>SoFi 与金融服务大拆分</blockquote> American consumers currently face intensely siloed choices for financial products. This means that there is a dependency on a plethora of different app and companies for financial products ranging from loans and credit cards to insurance, wealth management, and savings.<blockquote>美国消费者目前在金融产品方面面临着严重孤立的选择。这意味着金融产品依赖于过多不同的应用程序和公司，从贷款和信用卡到保险、财富管理和储蓄。</blockquote> It's understandable as these all have material TAMs worth north of $2 trillion annually. A sobering fact that has understandably allowed an endless amount of VC money to flow into new firms promising to disrupt a specific stratum of the broader financial services economy.<blockquote>这是可以理解的，因为这些都有每年价值超过2万亿美元的物质TAM。这是一个发人深省的事实，可以理解的是，无穷无尽的风险投资资金流入新公司，有望颠覆更广泛的金融服务经济中的特定阶层。</blockquote> SoFi differs from this zeitgeist as it aims to build a singular platform in a strong attempt to serve all the financial needs of its members. The stakes could not be higher. This is a land grab with the winners standing to take most of the value. When fintech eventually matures, what's left standing will be the companies with intense scale and most of the consumers. In this sense, SoFi's strategy to build a super-platform to bundle disparate financial products simultaneously exposes them to multi-hundred billion dollar TAMs which aggregate to create immense downstream revenue.<blockquote>SoFi不同于这种时代精神，因为它旨在建立一个单一的平台，强烈地试图满足其成员的所有财务需求。赌注不能再高了。这是一场土地掠夺，赢家将获得大部分价值。当金融科技最终成熟时，剩下的将是规模庞大的公司和大多数消费者。从这个意义上说，SoFi建立一个超级平台来捆绑不同的金融产品的战略使它们暴露在数千亿美元的TAM中，这些TAM加起来创造了巨大的下游收入。</blockquote> This has meant the company guiding for a 43% 5-year compound annual growth from fiscal 2020. SoFi expects 2025 revenue of no less than $3.67 billion, with the most dramatic growth coming from its financial products and Galileo. While it is hard to forecast future market sentiment, an 8x to 12x price to sales multiple as at the end of 2025 would not be beyond the realms of prudence and would see the company's market cap trade up significantly from its current value of $12.11 billion.<blockquote>这意味着该公司预计从 2020 财年开始 5 年复合年增长率为 43%。SoFi 预计 2025 年收入将不少于 36.7 亿美元，其中最引人注目的增长来自其金融产品和伽利略。虽然很难预测未来的市场情绪，但到 2025 年底，8 倍至 12 倍的市销率并不超出审慎范围，并且该公司的市值将从目前的 121.1 亿美元大幅上涨。</blockquote> Looking Forward To 2022<blockquote>展望2022年</blockquote> The continually extended student loan moratorium which paused federal student loan payments and temporarily set the federal student loan interest rate to 0% is set to expire on January 31, 2022. While another extension was ruled out, this was before the emergence of the Omicron variant. Hence, there is a risk that this date is pushed back yet again as the White House is currently being pressured to take such an action due to the economic uncertainty posed. This is a salient risk that shareholders need to be aware of as it would represent a potent reduction of a huge driver of upside for the next year.<blockquote>持续延长的学生贷款暂停期暂停了联邦学生贷款支付，并暂时将联邦学生贷款利率设定为0%，将于2022年1月31日到期。虽然排除了另一次延期的可能性，但这是在奥密克戎变体出现之前。因此，由于经济不确定性，白宫目前面临着采取此类行动的压力，这一日期有可能再次推迟。这是股东需要意识到的一个突出风险，因为它将大大减少明年的巨大上涨动力。</blockquote> Buying The Dip As This Volatility Is Likely The Price Of Longer-Term Alpha<blockquote>逢低买入，因为这种波动性可能是长期阿尔法的价格</blockquote> 2021 has not been a great year for growth investors as dip-buying throughout the year failed to pay off with a selloff that worsened in November. The number of times I bought the dip this year across a number of growth stocks only to see it dip further felt comical at some points.<blockquote>对于成长型投资者来说，2021 年并不是伟大的一年，因为全年的逢低买入未能得到回报，11 月份的抛售情况恶化。今年，我在一些成长型股票上逢低买入，结果却看到它进一步下跌，这在某些时候感觉很滑稽。</blockquote> However, I understand that this volatility is the price of potential alpha and nothing good goes up in a straight line. While I don't think there will be an immediate respite going into 2022, SoFi is one to hold for years, not months. For fundamentally driven investors, any further dips would likely be welcome.<blockquote>然而，我明白这种波动性是潜在阿尔法的价格，没有什么好的东西会直线上升。虽然我认为到 2022 年不会立即得到喘息的机会，但 SoFi 值得持有数年，而不是数月。对于基本面驱动的投资者来说，任何进一步的下跌都可能是受欢迎的。</blockquote>","source":"lsy1638401102509","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>SoFi Stock: The More It Falls, The More I Buy<blockquote>SoFi 股票：跌得越多，我买得越多</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSoFi Stock: The More It Falls, The More I Buy<blockquote>SoFi 股票：跌得越多，我买得越多</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nseekingalpha2021-12-17 07:56\n\n</h4>\n</header>\n<article>\nSummary<blockquote>总结</blockquote> <ul> <li>The great financial crisis catalysed a large shift in the consumption of financial products away from traditional firms.</li> <li>Firms like SoFi stand to benefit from this as growing consumer adoption of digital financial products is a tailwind that will play out over the next decade.</li> <li>SoFi's has differentiated itself and claimed a stake in this future by building a platform that serves the needs of its customers.</li> <li>Flying shopping cart with shopping bags on a pink background</li> </ul> <blockquote><ul><li>大金融危机催化了金融产品消费从传统公司的重大转变。</li><li>像 SoFi 这样的公司将从中受益，因为消费者对数字金融产品的日益采用是未来十年的顺风。</li><li>SoFi’s通过建立一个服务于客户需求的平台，使自己脱颖而出，并在未来占据了一席之地。</li><li>粉色背景上装有购物袋的飞行购物车</li></ul></blockquote> Buying the dip can fast become mired in even more capital destruction when a stock keeps on dipping. The ominous warning to not try to catch a falling knife holds true here as the bottom can only ever be truly known in retrospect. To be clear here, I think SoFi (NASDAQ:SOFI) is going to keep on dipping. This will be on the back of an absence of a catalyst and as this torrid year fully plays out. As mentioned in my previous article, this weakness is due to the amalgamation of a number of factors that will likely persist for a while.<blockquote>当股票持续下跌时，逢低买入可能会很快陷入更大的资本损失。不要试图接住掉落的刀的不祥警告在这里是正确的，因为底部只有在回顾过去才能真正知道。需要明确的是，我认为 SoFi（纳斯达克股票代码：SOFI）将继续下跌。这将是由于缺乏催化剂，并且随着这个炎热的一年的全面展开。正如我在之前的文章中提到的，这种弱点是由于许多因素的融合，这些因素可能会持续一段时间。</blockquote> For the sake of transparency, I aim to control at least 2,500 shares going into 2022. This will be up from 1,000 currently and will hopefully be at a cost average lower than $15 but currently sits higher at $15.78. Hence, the title. The more SoFi falls the more I buy. Critically, this allows me to accumulate more shares at a lower cost average in a company included in the apex of the world's largest economy's shift to digital financial services. The opportunity is truly being underrated by the market.<blockquote>为了透明度，我的目标是到 2022 年控制至少 2,500 股股票。这将高于目前的 1,000 美元，希望平均成本低于 15 美元，但目前高于 15.78 美元。因此，标题。SoFi 跌得越多，我买的就越多。至关重要的是，这使我能够以较低的平均成本在一家全球最大经济体向数字金融服务转型的顶峰公司中积累更多股份。这个机会确实被市场低估了。</blockquote> The 2008 global financial crisis was a watershed moment in Western banking as too big to fail banks failed and trust in the traditional financial orthodoxy was broken. For a new generation of people growing up in the period after the largest economic collapse in a generation, there had to be alternatives. And while this is now in the rearview, the GFC birthed fintech firms like SoFi who have positioned themselves to ride the wave of growing consumer adoption of fintech.<blockquote>2008年全球金融危机是西方银行业的一个分水岭，因为大到不能倒的银行倒闭了，对传统金融正统观念的信任也被打破了。对于在一代人中最严重的经济崩溃后成长起来的新一代人来说，必须有其他选择。虽然这现在已经成为过去，但GFC催生了像SoFi这样的金融科技公司，这些公司已经将自己定位为乘着消费者对金融科技日益增长的采用浪潮。</blockquote> SoFi Versus The Great Unbundling Of Financial Services<blockquote>SoFi 与金融服务大拆分</blockquote> American consumers currently face intensely siloed choices for financial products. This means that there is a dependency on a plethora of different app and companies for financial products ranging from loans and credit cards to insurance, wealth management, and savings.<blockquote>美国消费者目前在金融产品方面面临着严重孤立的选择。这意味着金融产品依赖于过多不同的应用程序和公司，从贷款和信用卡到保险、财富管理和储蓄。</blockquote> It's understandable as these all have material TAMs worth north of $2 trillion annually. A sobering fact that has understandably allowed an endless amount of VC money to flow into new firms promising to disrupt a specific stratum of the broader financial services economy.<blockquote>这是可以理解的，因为这些都有每年价值超过2万亿美元的物质TAM。这是一个发人深省的事实，可以理解的是，无穷无尽的风险投资资金流入新公司，有望颠覆更广泛的金融服务经济中的特定阶层。</blockquote> SoFi differs from this zeitgeist as it aims to build a singular platform in a strong attempt to serve all the financial needs of its members. The stakes could not be higher. This is a land grab with the winners standing to take most of the value. When fintech eventually matures, what's left standing will be the companies with intense scale and most of the consumers. In this sense, SoFi's strategy to build a super-platform to bundle disparate financial products simultaneously exposes them to multi-hundred billion dollar TAMs which aggregate to create immense downstream revenue.<blockquote>SoFi不同于这种时代精神，因为它旨在建立一个单一的平台，强烈地试图满足其成员的所有财务需求。赌注不能再高了。这是一场土地掠夺，赢家将获得大部分价值。当金融科技最终成熟时，剩下的将是规模庞大的公司和大多数消费者。从这个意义上说，SoFi建立一个超级平台来捆绑不同的金融产品的战略使它们暴露在数千亿美元的TAM中，这些TAM加起来创造了巨大的下游收入。</blockquote> This has meant the company guiding for a 43% 5-year compound annual growth from fiscal 2020. SoFi expects 2025 revenue of no less than $3.67 billion, with the most dramatic growth coming from its financial products and Galileo. While it is hard to forecast future market sentiment, an 8x to 12x price to sales multiple as at the end of 2025 would not be beyond the realms of prudence and would see the company's market cap trade up significantly from its current value of $12.11 billion.<blockquote>这意味着该公司预计从 2020 财年开始 5 年复合年增长率为 43%。SoFi 预计 2025 年收入将不少于 36.7 亿美元，其中最引人注目的增长来自其金融产品和伽利略。虽然很难预测未来的市场情绪，但到 2025 年底，8 倍至 12 倍的市销率并不超出审慎范围，并且该公司的市值将从目前的 121.1 亿美元大幅上涨。</blockquote> Looking Forward To 2022<blockquote>展望2022年</blockquote> The continually extended student loan moratorium which paused federal student loan payments and temporarily set the federal student loan interest rate to 0% is set to expire on January 31, 2022. While another extension was ruled out, this was before the emergence of the Omicron variant. Hence, there is a risk that this date is pushed back yet again as the White House is currently being pressured to take such an action due to the economic uncertainty posed. This is a salient risk that shareholders need to be aware of as it would represent a potent reduction of a huge driver of upside for the next year.<blockquote>持续延长的学生贷款暂停期暂停了联邦学生贷款支付，并暂时将联邦学生贷款利率设定为0%，将于2022年1月31日到期。虽然排除了另一次延期的可能性，但这是在奥密克戎变体出现之前。因此，由于经济不确定性，白宫目前面临着采取此类行动的压力，这一日期有可能再次推迟。这是股东需要意识到的一个突出风险，因为它将大大减少明年的巨大上涨动力。</blockquote> Buying The Dip As This Volatility Is Likely The Price Of Longer-Term Alpha<blockquote>逢低买入，因为这种波动性可能是长期阿尔法的价格</blockquote> 2021 has not been a great year for growth investors as dip-buying throughout the year failed to pay off with a selloff that worsened in November. The number of times I bought the dip this year across a number of growth stocks only to see it dip further felt comical at some points.<blockquote>对于成长型投资者来说，2021 年并不是伟大的一年，因为全年的逢低买入未能得到回报，11 月份的抛售情况恶化。今年，我在一些成长型股票上逢低买入，结果却看到它进一步下跌，这在某些时候感觉很滑稽。</blockquote> However, I understand that this volatility is the price of potential alpha and nothing good goes up in a straight line. While I don't think there will be an immediate respite going into 2022, SoFi is one to hold for years, not months. For fundamentally driven investors, any further dips would likely be welcome.<blockquote>然而，我明白这种波动性是潜在阿尔法的价格，没有什么好的东西会直线上升。虽然我认为到 2022 年不会立即得到喘息的机会，但 SoFi 值得持有数年，而不是数月。对于基本面驱动的投资者来说，任何进一步的下跌都可能是受欢迎的。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://seekingalpha.com/article/4474890-sofi-technologies-the-more-it-falls-the-more-i-buy\">seekingalpha</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://seekingalpha.com/article/4474890-sofi-technologies-the-more-it-falls-the-more-i-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160804320","content_text":"Summary\n\nThe great financial crisis catalysed a large shift in the consumption of financial products away from traditional firms.\nFirms like SoFi stand to benefit from this as growing consumer adoption of digital financial products is a tailwind that will play out over the next decade.\nSoFi's has differentiated itself and claimed a stake in this future by building a platform that serves the needs of its customers.\nFlying shopping cart with shopping bags on a pink background\n\n\nBuying the dip can fast become mired in even more capital destruction when a stock keeps on dipping. The ominous warning to not try to catch a falling knife holds true here as the bottom can only ever be truly known in retrospect. To be clear here, I think SoFi (NASDAQ:SOFI) is going to keep on dipping. This will be on the back of an absence of a catalyst and as this torrid year fully plays out. As mentioned in my previous article, this weakness is due to the amalgamation of a number of factors that will likely persist for a while.\n\nFor the sake of transparency, I aim to control at least 2,500 shares going into 2022. This will be up from 1,000 currently and will hopefully be at a cost average lower than $15 but currently sits higher at $15.78. Hence, the title. The more SoFi falls the more I buy. Critically, this allows me to accumulate more shares at a lower cost average in a company included in the apex of the world's largest economy's shift to digital financial services. The opportunity is truly being underrated by the market.\n\nThe 2008 global financial crisis was a watershed moment in Western banking as too big to fail banks failed and trust in the traditional financial orthodoxy was broken. For a new generation of people growing up in the period after the largest economic collapse in a generation, there had to be alternatives. And while this is now in the rearview, the GFC birthed fintech firms like SoFi who have positioned themselves to ride the wave of growing consumer adoption of fintech.\n\nSoFi Versus The Great Unbundling Of Financial Services\nAmerican consumers currently face intensely siloed choices for financial products. This means that there is a dependency on a plethora of different app and companies for financial products ranging from loans and credit cards to insurance, wealth management, and savings.\n\nIt's understandable as these all have material TAMs worth north of $2 trillion annually. A sobering fact that has understandably allowed an endless amount of VC money to flow into new firms promising to disrupt a specific stratum of the broader financial services economy.\n\nSoFi differs from this zeitgeist as it aims to build a singular platform in a strong attempt to serve all the financial needs of its members. The stakes could not be higher. This is a land grab with the winners standing to take most of the value. When fintech eventually matures, what's left standing will be the companies with intense scale and most of the consumers. In this sense, SoFi's strategy to build a super-platform to bundle disparate financial products simultaneously exposes them to multi-hundred billion dollar TAMs which aggregate to create immense downstream revenue.\n\nThis has meant the company guiding for a 43% 5-year compound annual growth from fiscal 2020. SoFi expects 2025 revenue of no less than $3.67 billion, with the most dramatic growth coming from its financial products and Galileo. While it is hard to forecast future market sentiment, an 8x to 12x price to sales multiple as at the end of 2025 would not be beyond the realms of prudence and would see the company's market cap trade up significantly from its current value of $12.11 billion.\n\nLooking Forward To 2022\nThe continually extended student loan moratorium which paused federal student loan payments and temporarily set the federal student loan interest rate to 0% is set to expire on January 31, 2022. While another extension was ruled out, this was before the emergence of the Omicron variant. Hence, there is a risk that this date is pushed back yet again as the White House is currently being pressured to take such an action due to the economic uncertainty posed. This is a salient risk that shareholders need to be aware of as it would represent a potent reduction of a huge driver of upside for the next year.\n\nBuying The Dip As This Volatility Is Likely The Price Of Longer-Term Alpha\n2021 has not been a great year for growth investors as dip-buying throughout the year failed to pay off with a selloff that worsened in November. The number of times I bought the dip this year across a number of growth stocks only to see it dip further felt comical at some points.\n\n\nHowever, I understand that this volatility is the price of potential alpha and nothing good goes up in a straight line. While I don't think there will be an immediate respite going into 2022, SoFi is one to hold for years, not months. For fundamentally driven investors, any further dips would likely be welcome.","news_type":1,"symbols_score_info":{"SOFI":0.9}},"isVote":1,"tweetType":1,"viewCount":3132,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":31,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/690414422"}