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荣德中泰
无欲则刚
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荣德中泰
荣德中泰
·
2024-01-19
已订阅 感谢老虎提供这么好的平台给大家分享自己的交易信息 ✌️
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荣德中泰
荣德中泰
·
2022-08-14
💪要加油啊!再怎么玩资本也请不要辜负我们这些不离不弃的忠粉!
海底捞:上半年录得净亏损约2.25亿至2.97亿人民币
8月14日,海底捞:集团预期2022年上半年录得净亏损约人民币2.25亿元至人民币2.97亿元,上年同期盈利人民币9650万元。
海底捞:上半年录得净亏损约2.25亿至2.97亿人民币
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荣德中泰
荣德中泰
·
2022-02-22
加油💪
非常抱歉,此主贴已删除
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荣德中泰
荣德中泰
·
2022-02-21
美团一家独大垄断餐饮行业,导致餐饮从业者负担不断加重,希望得到有效监管。
观点 | 下调商户服务费标准对美团的影响有多大?
文章来源:华尔街见闻下调商户服务费标准对美团的影响有多大?
观点 | 下调商户服务费标准对美团的影响有多大?
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荣德中泰
荣德中泰
·
2021-11-19
加油💪
京东(09618.HK)随美股逆升5.6%创逾八个月高 野村指上季收入胜预期重申「买入」评级
30只科指成份股普遍受压。然而,憧憬「染蓝」的京东集团-SW 上季收入年升25.5%,野村指增速胜预期,维持京东美股目标价95美元,重申「买入」评级。京东美股昨晚股价高见89.29美元,收88.1美元,回升近6%。本港京东股价也扭两连吐,今早高见345元创逾八个月高,现报341.2元,回升5.6%,成交增至493万股,涉资16.78亿元。京东集团公布,第三季业绩盈转蚀28.07亿人民币,但期内收入按年升25.5%至2,187.08亿人民币。
京东(09618.HK)随美股逆升5.6%创逾八个月高 野村指上季收入胜预期重申「买入」评级
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荣德中泰
荣德中泰
·
2020-04-27
$康方生物-B(09926)$
👍牛
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荣德中泰
荣德中泰
·
2020-04-21
$平安好医生(01833)$
👍继续
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荣德中泰
荣德中泰
·
2020-04-14
$海底捞(06862)$
春暖花开
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荣德中泰
荣德中泰
·
2020-04-13
$阿里巴巴(BABA)$
美股跌幅持续扩大,道指跌近500点,跌幅超2%;纳指跌超1%,标普500指数跌1.8%。
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荣德中泰
荣德中泰
·
2020-02-28
$贵州银行(06199)$
雄起了!👍
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href=\"https://laohu8.com/S/06862\">海底捞</a>:集团预期2022年上半年录得净亏损约人民币2.25亿元至人民币2.97亿元,上年同期盈利人民币9650万元。</p><p><img src=\"https://static.tigerbbs.com/6db62fde5f757ed773e1a943936edb54\" tg-width=\"796\" tg-height=\"695\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/23f2c25e060d113f3768c45cafc16292","relate_stocks":{"BK1591":"就地过年概念","BK1604":"节假日概念","BK1233":"餐馆","BK1583":"高瓴概念","CYB":"人民币ETF-WisdomTree 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10:03","market":"hk","language":"zh","title":"观点 | 下调商户服务费标准对美团的影响有多大?","url":"https://stock-news.laohu8.com/highlight/detail?id=2213605334","media":"华尔街见闻","summary":"文章来源:华尔街见闻下调商户服务费标准对美团的影响有多大?","content":"<html><head></head><body><p><b>一、事项</b></p><p>2月18号,发改委等多部委发布《关于促进服务业领域困难行业恢复发展的若干政策》,其中针对餐饮业纾困扶持措施中指出“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。引导互联网平台企业对疫情中高风险地区所在的县级行政区域内的餐饮企业,给予阶段性商户服务费优惠”,引起市场对美团乃至互联网行业政策风险的担心。</p><p>周一,美团开盘跌超5%,但随后一路拉涨并翻红,最高涨0.5%。</p><p><b>二、政策偏向于疫情下帮助服务业纾困</b></p><p>华创证券刘欣团队认为从政策对互联网行业的监管进程来看,经过反垄断调查、价格规制、互联网金融业务监管、数据算法监管、信息保护、未成年人保护、劳动者保障等一系列政策,当前针对互联网行业监管框架已基本形成,结合网信办1月29号的互联网企业健康持续发展座谈会内容,监管已有较明确的缓和信号。</p><p>本次《服务业领域恢复发展政策》的初衷是政策上帮扶受疫情影响较大的困难行业,涉及服务、餐饮、零售、旅游、交运、民航等多个行业的税收、贷款、租金减免等优惠政策,并不是政策端单独针对互联网行业的收费标准规定,也并不是政策再次趋严的信号,因此华创证券依旧对互联网行业监管缓解的趋势保持乐观。</p><p><a href=\"https://laohu8.com/S/600837\">海通证券</a>汪立亭团队认为,本政策更偏向于疫情下帮助服务业纾困,并非特定针对互联网企业, 对政策预期干扰不大;从公司层面来讲,2021年5月起美团试行“费率透明化” 改革,通过技术改变收费结构,降低中小商户抽成是更为切实的降本途径。</p><p><a href=\"https://laohu8.com/S/600030\">中信证券</a>姜娅、杨清朴表示,政策十分明确地强调了“阶段性”和“地区性”。</p><p><b>三、佣金率下调空间有多大</b></p><p><a href=\"https://laohu8.com/S/06837\">海通证券</a>认为,当前政策以“引导”为主,尚未明确下调比率。若根据 2021年3月份全国工商提案中“外卖平台抽拥在10%-15%区间才是餐饮企业可以接受的”进行预期。那么相较于美团2020年12.0%的佣金率,本次下调空间并不大。</p><p>华创证券认为,长期下调费率概率小。从长期看:6%~7%的技术服务费相比电商/打车平台的费率已处低位,利润率微薄。本次服务费优惠或对美团短期(22年H1)的佣金率和单均营业利润产生一定影响,从短期纾困期间来看:参考2020年3月份美团启动的“商户伙伴佣金返还计划”,对全国范围部分商户3%~5%佣金返还(非减免,可用于广告营销)对20Q1的佣金率影响在0.5pct左右。</p><p><a href=\"https://laohu8.com/S/06030\">中信证券</a>认为,美团的基础服务费率在互联网行业无论是国内还是全球横向比较看均已处很低水平,下调空间不大。长期来看,美团到店业务的下沉空间仍然较大,交易类属性有望不断增强,广告付费转化率提高带动到店业务变现能力继续提升。</p><p><b>四、政策对美团的影响</b></p><p>华创证券认为本政策对美团外卖服务费率的影响是短期(预估3~6个月)且区域性的(预计21年涉及到的中高风险地区在数百个,辐射商户占全国总商户比例有限),而并不是一刀切的对商户服务费进行永久性下调。</p><p>海通证券认为,中长期来看,政策并未降低美团在交易撮合、履约服务方面的壁垒,政策对相应负外部性定价后,平台价值会以需求侧消费者粘性变现。</p><p>中信证券也认为发改委等部门的提法并非有意一刀切要求外卖平台降费,初衷主要在于帮助商户在困难时期降低一定的经营成本。引导平台经济让利相关条款引发的担忧已显过度,基本面层面对平台的边际影响有限,政策层面更不意味着新一轮政策监管,建议理性对待。</p></body></html>","source":"tencent","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>观点 | 下调商户服务费标准对美团的影响有多大?</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观点 | 下调商户服务费标准对美团的影响有多大?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-21 10:03 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2022022109472180367f98&s=b><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>一、事项2月18号,发改委等多部委发布《关于促进服务业领域困难行业恢复发展的若干政策》,其中针对餐饮业纾困扶持措施中指出“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。引导互联网平台企业对疫情中高风险地区所在的县级行政区域内的餐饮企业,给予阶段性商户服务费优惠”,引起市场对美团乃至互联网行业政策风险的担心。周一,美团开盘跌超5%,但随后一路拉涨并翻红,最高涨...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2022022109472180367f98&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4589810b25a8b6d34214e0147613ce0c","relate_stocks":{"BK1575":"同股不同权","BK1583":"高瓴概念","BK1604":"节假日概念","BK1589":"北水核心资产","03690":"美团-W","BK1521":"挪威政府全球养老基金持仓","BK1142":"互联网与直销零售","BK1591":"就地过年概念"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2022022109472180367f98&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2213605334","content_text":"一、事项2月18号,发改委等多部委发布《关于促进服务业领域困难行业恢复发展的若干政策》,其中针对餐饮业纾困扶持措施中指出“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。引导互联网平台企业对疫情中高风险地区所在的县级行政区域内的餐饮企业,给予阶段性商户服务费优惠”,引起市场对美团乃至互联网行业政策风险的担心。周一,美团开盘跌超5%,但随后一路拉涨并翻红,最高涨0.5%。二、政策偏向于疫情下帮助服务业纾困华创证券刘欣团队认为从政策对互联网行业的监管进程来看,经过反垄断调查、价格规制、互联网金融业务监管、数据算法监管、信息保护、未成年人保护、劳动者保障等一系列政策,当前针对互联网行业监管框架已基本形成,结合网信办1月29号的互联网企业健康持续发展座谈会内容,监管已有较明确的缓和信号。本次《服务业领域恢复发展政策》的初衷是政策上帮扶受疫情影响较大的困难行业,涉及服务、餐饮、零售、旅游、交运、民航等多个行业的税收、贷款、租金减免等优惠政策,并不是政策端单独针对互联网行业的收费标准规定,也并不是政策再次趋严的信号,因此华创证券依旧对互联网行业监管缓解的趋势保持乐观。海通证券汪立亭团队认为,本政策更偏向于疫情下帮助服务业纾困,并非特定针对互联网企业, 对政策预期干扰不大;从公司层面来讲,2021年5月起美团试行“费率透明化” 改革,通过技术改变收费结构,降低中小商户抽成是更为切实的降本途径。中信证券姜娅、杨清朴表示,政策十分明确地强调了“阶段性”和“地区性”。三、佣金率下调空间有多大海通证券认为,当前政策以“引导”为主,尚未明确下调比率。若根据 2021年3月份全国工商提案中“外卖平台抽拥在10%-15%区间才是餐饮企业可以接受的”进行预期。那么相较于美团2020年12.0%的佣金率,本次下调空间并不大。华创证券认为,长期下调费率概率小。从长期看:6%~7%的技术服务费相比电商/打车平台的费率已处低位,利润率微薄。本次服务费优惠或对美团短期(22年H1)的佣金率和单均营业利润产生一定影响,从短期纾困期间来看:参考2020年3月份美团启动的“商户伙伴佣金返还计划”,对全国范围部分商户3%~5%佣金返还(非减免,可用于广告营销)对20Q1的佣金率影响在0.5pct左右。中信证券认为,美团的基础服务费率在互联网行业无论是国内还是全球横向比较看均已处很低水平,下调空间不大。长期来看,美团到店业务的下沉空间仍然较大,交易类属性有望不断增强,广告付费转化率提高带动到店业务变现能力继续提升。四、政策对美团的影响华创证券认为本政策对美团外卖服务费率的影响是短期(预估3~6个月)且区域性的(预计21年涉及到的中高风险地区在数百个,辐射商户占全国总商户比例有限),而并不是一刀切的对商户服务费进行永久性下调。海通证券认为,中长期来看,政策并未降低美团在交易撮合、履约服务方面的壁垒,政策对相应负外部性定价后,平台价值会以需求侧消费者粘性变现。中信证券也认为发改委等部门的提法并非有意一刀切要求外卖平台降费,初衷主要在于帮助商户在困难时期降低一定的经营成本。引导平台经济让利相关条款引发的担忧已显过度,基本面层面对平台的边际影响有限,政策层面更不意味着新一轮政策监管,建议理性对待。","news_type":1,"symbols_score_info":{"48457":0.6,"48459":0.9,"48476":0.6,"03690":1}},"isVote":1,"tweetType":1,"viewCount":5305,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574807655529815","authorId":"3574807655529815","name":"花花小pigeon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"3574807655529815","authorIdStr":"3574807655529815"},"content":"可以去看看房租的比例和美团收取的比例,看看什么是大头","text":"可以去看看房租的比例和美团收取的比例,看看什么是大头","html":"可以去看看房租的比例和美团收取的比例,看看什么是大头"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876872270,"gmtCreate":1637296904385,"gmtModify":1637296904385,"author":{"id":"3530596353527633","authorId":"3530596353527633","name":"荣德中泰","avatar":"https://static.tigerbbs.com/0f959e576bec4f556e49d04cb7456cd3","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3530596353527633","authorIdStr":"3530596353527633"},"themes":[],"htmlText":"加油💪","listText":"加油💪","text":"加油💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876872270","repostId":"2184091815","repostType":2,"repost":{"id":"2184091815","kind":"news","pubTimestamp":1637293344,"share":"https://www.laohu8.com/m/news/2184091815?lang=&edition=full","pubTime":"2021-11-19 11:42","market":"us","language":"zh","title":"京东(09618.HK)随美股逆升5.6%创逾八个月高 野村指上季收入胜预期重申「买入」评级","url":"https://stock-news.laohu8.com/highlight/detail?id=2184091815","media":"AAFN","summary":"30只科指成份股普遍受压。然而,憧憬「染蓝」的京东集团-SW 上季收入年升25.5%,野村指增速胜预期,维持京东美股目标价95美元,重申「买入」评级。京东美股昨晚股价高见89.29美元,收88.1美元,回升近6%。本港京东股价也扭两连吐,今早高见345元创逾八个月高,现报341.2元,回升5.6%,成交增至493万股,涉资16.78亿元。京东集团公布,第三季业绩盈转蚀28.07亿人民币,但期内收入按年升25.5%至2,187.08亿人民币。","content":"<html><body><p>恒生科技指数三连跌,承昨天急挫3%弱势,今早最多再跌近2.1%低见6,341,现报6,391,续跌1.3%。30只科指成份股普遍受压。然而,憧憬「染蓝」的<a href=\"https://laohu8.com/S/09618\">京东集团-SW</a> 上季收入年升25.5%,野村指增速胜预期,维持<a href=\"https://laohu8.com/S/JD\">京东</a>美股(JD.US)目标价95美元,重申「买入」评级。京东美股昨晚股价高见89.29美元,收88.1美元,回升近6%。本港京东股价也扭两连吐,今早高见345元创逾八个月高,现报341.2元,回升5.6%,成交增至493万股,涉资16.78亿元。京东集团公布,第三季业绩盈转蚀28.07亿人民币(上年同期赚75.6亿元人民币),但期内收入按年升25.5%至2,187.08亿人民币。若按非公认会计准则计,第三季净利润按年仅跌9%至50.48亿元人民币。<a href=\"https://laohu8.com/S/GS\">高盛</a>绩後指,京东集团季绩稳固,再次展示公司於「在线零售+综合供应链」模式在同业中的独特优势,尽管期间内地消费趋势普遍疲软,但京东仍能获得更多份额,而用户增长健康,带动收入增长显着超过行业。(sz/t)~阿思达克财经新闻网址: www.aastocks.com</p></body></html>","source":"aastocks","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>京东(09618.HK)随美股逆升5.6%创逾八个月高 野村指上季收入胜预期重申「买入」评级</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京东(09618.HK)随美股逆升5.6%创逾八个月高 野村指上季收入胜预期重申「买入」评级\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 11:42 北京时间 <a href=http://www.aastocks.com/apps/data/iphone/news/newscontent.aspx?newsid=RUM.211119_114224&style=5&chgstyle=1&categoryid=stock&width=320&market_id=hk&fontary=3&platform=iPhone&language=sc&isfirstreq=1&sourceid=aafn&datatype=0><strong>AAFN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>恒生科技指数三连跌,承昨天急挫3%弱势,今早最多再跌近2.1%低见6,341,现报6,391,续跌1.3%。30只科指成份股普遍受压。然而,憧憬「染蓝」的京东集团-SW 上季收入年升25.5%,野村指增速胜预期,维持京东美股(JD.US)目标价95美元,重申「买入」评级。京东美股昨晚股价高见89.29美元,收88.1美元,回升近6%。本港京东股价也扭两连吐,今早高见345元创逾八个月高,现报...</p>\n\n<a href=\"http://www.aastocks.com/apps/data/iphone/news/newscontent.aspx?newsid=RUM.211119_114224&style=5&chgstyle=1&categoryid=stock&width=320&market_id=hk&fontary=3&platform=iPhone&language=sc&isfirstreq=1&sourceid=aafn&datatype=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/13487344e5ada2df2728e43db10f835b","relate_stocks":{"JD":"京东","09618":"京东集团-SW"},"source_url":"http://www.aastocks.com/apps/data/iphone/news/newscontent.aspx?newsid=RUM.211119_114224&style=5&chgstyle=1&categoryid=stock&width=320&market_id=hk&fontary=3&platform=iPhone&language=sc&isfirstreq=1&sourceid=aafn&datatype=0","is_english":false,"share_image_url":"https://static.laohu8.com/51f6b9126f36f92bbf92982596066e5a","article_id":"2184091815","content_text":"恒生科技指数三连跌,承昨天急挫3%弱势,今早最多再跌近2.1%低见6,341,现报6,391,续跌1.3%。30只科指成份股普遍受压。然而,憧憬「染蓝」的京东集团-SW 上季收入年升25.5%,野村指增速胜预期,维持京东美股(JD.US)目标价95美元,重申「买入」评级。京东美股昨晚股价高见89.29美元,收88.1美元,回升近6%。本港京东股价也扭两连吐,今早高见345元创逾八个月高,现报341.2元,回升5.6%,成交增至493万股,涉资16.78亿元。京东集团公布,第三季业绩盈转蚀28.07亿人民币(上年同期赚75.6亿元人民币),但期内收入按年升25.5%至2,187.08亿人民币。若按非公认会计准则计,第三季净利润按年仅跌9%至50.48亿元人民币。高盛绩後指,京东集团季绩稳固,再次展示公司於「在线零售+综合供应链」模式在同业中的独特优势,尽管期间内地消费趋势普遍疲软,但京东仍能获得更多份额,而用户增长健康,带动收入增长显着超过行业。(sz/t)~阿思达克财经新闻网址: www.aastocks.com","news_type":1,"symbols_score_info":{"09618":1,"JD":1}},"isVote":1,"tweetType":1,"viewCount":3738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":925853963,"gmtCreate":1587979430052,"gmtModify":1704365921305,"author":{"id":"3530596353527633","authorId":"3530596353527633","name":"荣德中泰","avatar":"https://static.tigerbbs.com/0f959e576bec4f556e49d04cb7456cd3","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3530596353527633","authorIdStr":"3530596353527633"},"themes":[],"htmlText":"<a 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