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AS78
AS78
·
2022-01-26
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AS78
AS78
·
2022-01-23
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AS78
AS78
·
2022-01-21
Ok
盘前:中概股普涨,阿里巴巴涨超6%
美股三大指数期货集体上涨,纳指期货涨幅居前。
盘前:中概股普涨,阿里巴巴涨超6%
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AS78
AS78
·
2022-01-14
ok
老虎点评:神秘的资管大鳄上市了,但股票你敢买吗?
为何30年都不上市的公司,突然上市了?
老虎点评:神秘的资管大鳄上市了,但股票你敢买吗?
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AS78
AS78
·
2022-01-11
Please like
加息预期冲击科技股,2022年改投价值股?华尔街怎么看?
美联储越发鹰派的立场促使投资者抛弃快速成长的科技公司的股票,转而投向银行股、能源股等对经济敏感的股票。一些华尔街顶级公司认为,价值型股票有望在2022年继续大放异彩,不过,近来表现逊色的成长股并没有被
加息预期冲击科技股,2022年改投价值股?华尔街怎么看?
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AS78
AS78
·
2022-01-10
Great ariticle, would you like to share it?
阿里今年最大利空在路上,腾讯大甩卖显示了公司的什么变化?
@不二说价值:
📢请关注我的Youtube频道:不二说价值。以确保收看所有完整的节目。$Sea Ltd(SE)$ $腾讯控股(00700)$ $阿里巴巴(BABA)$ $京东(JD)$ $亚马逊(AMZN)$
阿里今年最大利空在路上,腾讯大甩卖显示了公司的什么变化?
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AS78
AS78
·
2022-01-10
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AS78
AS78
·
2022-01-10
Please like, thanks
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AS78
AS78
·
2022-01-08
Ok
S&P 500 Opens Flat on Friday, Heads for Losing Week to Begin 2022
U.S. stocks were flat on Friday after the December jobs report came in short of expectations.The Dow
S&P 500 Opens Flat on Friday, Heads for Losing Week to Begin 2022
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AS78
AS78
·
2021-12-28
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20:37","market":"us","language":"zh","title":"盘前:中概股普涨,阿里巴巴涨超6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1146563894","media":"老虎资讯综合","summary":"美股三大指数期货集体上涨,纳指期货涨幅居前。","content":"<html><head></head><body><p>1月20日(周四),美股三大指数期货集体上涨,纳指期货涨幅居前。美债收益率涨势暂告段落,这两天在1.850%附近徘徊,投资者等待下周美联储会议结果。日内,美国将公布初请失业金人数、费城联储制造业指数和成屋销售数据。</p><p><img src=\"https://static.tigerbbs.com/4e13ccbcd2c4304e89fe13adc85868c0\" tg-width=\"653\" tg-height=\"227\" referrerpolicy=\"no-referrer\"/></p><p><b>中概股盘前走势</b></p><p>中概股上涨,中概互联ETF基金<a href=\"https://laohu8.com/S/KWEB\">KraneShares CSI China Internet ETF</a>涨5.92%。</p><p>热门中概股普涨,<a href=\"https://laohu8.com/S/PDD\">拼多多</a>、<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>涨超5%,<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/ZH\">知乎</a>涨6%,<a href=\"https://laohu8.com/S/BIDU\">百度</a>、<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>、<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>涨超4%,<a href=\"https://laohu8.com/S/VIPS\">唯品会</a>涨超3%。<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨2.7%,<a href=\"https://laohu8.com/S/LI\">理想汽车</a>涨2.6%,<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨2.31%。</p><p><b>重要美股盘前走势</b></p><p><a href=\"https://laohu8.com/S/VALN\">Valneva</a>大跌20%,昨日涨幅超45%,公司昨日宣布其候选新冠疫苗能中和奥密克戎和德尔塔变异病毒。</p><p><a href=\"https://laohu8.com/S/F\">福特汽车</a>跌超2%,福特汽车宣布因刹车灯问题在美国召回约20万辆汽车。</p><p><a href=\"https://laohu8.com/S/AA\">美国铝业</a>涨超2%,去年第四季度盈利超市场预期,营收创2018年第四季度以来新高。</p><p><a href=\"https://laohu8.com/S/UAL\">联合大陆航空</a>跌1.46%,公司第四季度录得亏损,但Omicron打击短期需求并推迟增加航班,预计2022年运力将低于2019年。</p><p><a href=\"https://laohu8.com/S/AMD\">AMD</a>跌1.77%,分析师Piper Sandler把AMD评级从「增持」下调至「中性」,目标价下调10美元至130美元。此分析师表示,全球PC出货量在去年下降了5%,并预计还会继续下降,因在家办公潮退去。</p><p>新能源汽车股盘前集体走高,<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>涨1.5%,<a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a>、Nikola Corp涨2%。</p><p><b>大宗商品走势</b></p><p>国际油价从高点回落。石油短期供应阻碍解决且库存数据不佳,但供应端危机仍支撑油价。</p><p>截至发稿,WTI原油期货价格报85.24美元/桶,跌幅0.65%;布伦特原油期货价格报87.81美元/桶,跌幅0.71%。</p><p><img src=\"https://static.tigerbbs.com/1f23799dfa7e275f79f523bb1977578e\" tg-width=\"800\" tg-height=\"531\" referrerpolicy=\"no-referrer\"/></p><p>国际金价涨势暂停。交易商在等待美联储下周政策会议提供有关加息步伐的线索。</p><p>截至发稿,纽约市场黄金期货价格报1839.45美元/盎司,跌幅0.20%。</p><p><img src=\"https://static.tigerbbs.com/3c230710cb3b9268dad8122411458416\" tg-width=\"800\" tg-height=\"531\" 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>盘前:中概股普涨,阿里巴巴涨超6%</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盘前:中概股普涨,阿里巴巴涨超6%\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\">2022-01-20 20:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>1月20日(周四),美股三大指数期货集体上涨,纳指期货涨幅居前。美债收益率涨势暂告段落,这两天在1.850%附近徘徊,投资者等待下周美联储会议结果。日内,美国将公布初请失业金人数、费城联储制造业指数和成屋销售数据。</p><p><img src=\"https://static.tigerbbs.com/4e13ccbcd2c4304e89fe13adc85868c0\" tg-width=\"653\" tg-height=\"227\" referrerpolicy=\"no-referrer\"/></p><p><b>中概股盘前走势</b></p><p>中概股上涨,中概互联ETF基金<a href=\"https://laohu8.com/S/KWEB\">KraneShares CSI China Internet ETF</a>涨5.92%。</p><p>热门中概股普涨,<a href=\"https://laohu8.com/S/PDD\">拼多多</a>、<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>涨超5%,<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/ZH\">知乎</a>涨6%,<a href=\"https://laohu8.com/S/BIDU\">百度</a>、<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>、<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>涨超4%,<a href=\"https://laohu8.com/S/VIPS\">唯品会</a>涨超3%。<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨2.7%,<a href=\"https://laohu8.com/S/LI\">理想汽车</a>涨2.6%,<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨2.31%。</p><p><b>重要美股盘前走势</b></p><p><a href=\"https://laohu8.com/S/VALN\">Valneva</a>大跌20%,昨日涨幅超45%,公司昨日宣布其候选新冠疫苗能中和奥密克戎和德尔塔变异病毒。</p><p><a href=\"https://laohu8.com/S/F\">福特汽车</a>跌超2%,福特汽车宣布因刹车灯问题在美国召回约20万辆汽车。</p><p><a href=\"https://laohu8.com/S/AA\">美国铝业</a>涨超2%,去年第四季度盈利超市场预期,营收创2018年第四季度以来新高。</p><p><a href=\"https://laohu8.com/S/UAL\">联合大陆航空</a>跌1.46%,公司第四季度录得亏损,但Omicron打击短期需求并推迟增加航班,预计2022年运力将低于2019年。</p><p><a href=\"https://laohu8.com/S/AMD\">AMD</a>跌1.77%,分析师Piper Sandler把AMD评级从「增持」下调至「中性」,目标价下调10美元至130美元。此分析师表示,全球PC出货量在去年下降了5%,并预计还会继续下降,因在家办公潮退去。</p><p>新能源汽车股盘前集体走高,<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>涨1.5%,<a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a>、Nikola Corp涨2%。</p><p><b>大宗商品走势</b></p><p>国际油价从高点回落。石油短期供应阻碍解决且库存数据不佳,但供应端危机仍支撑油价。</p><p>截至发稿,WTI原油期货价格报85.24美元/桶,跌幅0.65%;布伦特原油期货价格报87.81美元/桶,跌幅0.71%。</p><p><img src=\"https://static.tigerbbs.com/1f23799dfa7e275f79f523bb1977578e\" tg-width=\"800\" tg-height=\"531\" referrerpolicy=\"no-referrer\"/></p><p>国际金价涨势暂停。交易商在等待美联储下周政策会议提供有关加息步伐的线索。</p><p>截至发稿,纽约市场黄金期货价格报1839.45美元/盎司,跌幅0.20%。</p><p><img src=\"https://static.tigerbbs.com/3c230710cb3b9268dad8122411458416\" tg-width=\"800\" tg-height=\"531\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ed4ee39e6b0f45214393093d70ba81a8","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146563894","content_text":"1月20日(周四),美股三大指数期货集体上涨,纳指期货涨幅居前。美债收益率涨势暂告段落,这两天在1.850%附近徘徊,投资者等待下周美联储会议结果。日内,美国将公布初请失业金人数、费城联储制造业指数和成屋销售数据。中概股盘前走势中概股上涨,中概互联ETF基金KraneShares CSI China Internet ETF涨5.92%。热门中概股普涨,拼多多、哔哩哔哩涨超5%,京东、阿里巴巴、知乎涨6%,百度、腾讯音乐、爱奇艺涨超4%,唯品会涨超3%。小鹏汽车涨2.7%,理想汽车涨2.6%,蔚来涨2.31%。重要美股盘前走势Valneva大跌20%,昨日涨幅超45%,公司昨日宣布其候选新冠疫苗能中和奥密克戎和德尔塔变异病毒。福特汽车跌超2%,福特汽车宣布因刹车灯问题在美国召回约20万辆汽车。美国铝业涨超2%,去年第四季度盈利超市场预期,营收创2018年第四季度以来新高。联合大陆航空跌1.46%,公司第四季度录得亏损,但Omicron打击短期需求并推迟增加航班,预计2022年运力将低于2019年。AMD跌1.77%,分析师Piper Sandler把AMD评级从「增持」下调至「中性」,目标价下调10美元至130美元。此分析师表示,全球PC出货量在去年下降了5%,并预计还会继续下降,因在家办公潮退去。新能源汽车股盘前集体走高,特斯拉涨1.5%,Lucid Group Inc、Nikola Corp涨2%。大宗商品走势国际油价从高点回落。石油短期供应阻碍解决且库存数据不佳,但供应端危机仍支撑油价。截至发稿,WTI原油期货价格报85.24美元/桶,跌幅0.65%;布伦特原油期货价格报87.81美元/桶,跌幅0.71%。国际金价涨势暂停。交易商在等待美联储下周政策会议提供有关加息步伐的线索。截至发稿,纽约市场黄金期货价格报1839.45美元/盎司,跌幅0.20%。","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":694755876,"gmtCreate":1642135112394,"gmtModify":1642135113982,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/694755876","repostId":"1141935271","repostType":4,"repost":{"id":"1141935271","kind":"news","weMediaInfo":{"introduction":"提供来自华尔街的观点,观察市场,提供独道的解读视角。","home_visible":1,"media_name":"老虎锐评","id":"1005414032","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1642126617,"share":"https://www.laohu8.com/m/news/1141935271?lang=&edition=full","pubTime":"2022-01-14 10:16","market":"us","language":"zh","title":"老虎点评:神秘的资管大鳄上市了,但股票你敢买吗?","url":"https://stock-news.laohu8.com/highlight/detail?id=1141935271","media":"老虎锐评","summary":"为何30年都不上市的公司,突然上市了?","content":"<html><head></head><body><p>周四美股下跌,纳斯达克大跌2.5%,中概股跟跌6%。</p><p><img src=\"https://static.tigerbbs.com/6db99d5fbcec803c7b7d074ea53de752\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p><b>大名鼎鼎的TPG上市,但股票你敢买吗?</b></p><p>著名私募公司TPG今天上市,收盘价格较IPO价格上涨15%。今天大盘很弱纳斯达克大跌,这样的股价表现难能可贵。TPG成立了30年,名声响亮,但由于不是上市公司,财务状况大家都只能雾里看花。是借着TPG的名声去股市冲锋,还是先缓缓想一个问题——为何30年都不上市的公司,突然上市了?</p><p>TPG的S1可谓是极其复杂,长达459页(前段时间才上市Rivian才300页不到)。当然,S1复杂证明公司愿意披露,能不能读懂就是看各位的水平了。你以为一个公司上市的目的无非就是圈钱,幼稚。TPG这一轮上市,玩的是资产大转移。</p><p>先从大的方面来说。根据公司S1披露,这一轮IPO上市,刨去老股东China Life卖股票和上市承销费用,TPG预计收入将是$8.2亿(绿鞋后)。</p><p><img src=\"https://static.tigerbbs.com/9bf32d7816a1ac3b9cf28f0b1b158a1c\" tg-width=\"719\" tg-height=\"139\" width=\"100%\" height=\"auto\"/></p><p>你以为这$8.2亿会进入公司的账本,不会,这$8.2亿首先要拿出$3.8亿给公司的老股东(非China Life的老股东)。通常来说,一个招股书能够清晰看出是哪些老股东售卖股票退出,但是这份招股书却完全看不出来。只是说这$3.8亿会给一家公司的老股东,这家公司叫做TPG Operating Group。</p><p>这次公开发行的股票是TPG Partners的股票,但是TPG Partners只是一个壳公司,真正运营公司是TPG Operating Group。这招非常厉害,因为TPG Operating Group的股东被完全隐藏起来了,所以并不知道这$3.8亿怎么分配给老股东。TPG Operating Group的运营情况,也通过这种操作,被很好的隐藏起来。</p><p>老股东通过这种匿名操作套现事情算小,真正的问题在于还是TPG上市来进行的一些列资产转移。招股书也没有隐瞒,称这个操作叫做“重组”,下图是公司招股书中关于这次“重组”前后的结构图。</p><p><img src=\"https://static.tigerbbs.com/1d4cdde7c992a6a198378084e9c81590\" tg-width=\"775\" tg-height=\"337\" width=\"100%\" height=\"auto\"/></p><p>通过这次上市,所有的机构/零售股东得到了实际公司11%的股权和1.4%的投票权,但这完全没有反映真实的资产转移情况。</p><p>根据招股书第126页显示,除了老股东拿走$3.8亿现金之外,老股东还通过一些列操作,剥离了TPG Operating Group旗下$11.5亿的资产。</p><p><img src=\"https://static.tigerbbs.com/46dee0004f1f082d6dbb06ab12893faf\" tg-width=\"791\" tg-height=\"231\" width=\"100%\" height=\"auto\"/></p><p>这其中包括现金$0.8亿,以及两个大的投资(一笔$7.2亿,一笔$2.5亿)。其中$7.2亿的投资并没有公开投资标的,$2.5亿来自于TPG Group Holdings (SBS)。根据照顾书的数据显示,这笔投资2019年的成本是$1.8亿,也就是说两年收益达到了34%。</p><p>不知道TPG的老股东是经过什么考虑,把这$11亿资产从上市公司的资产中剥离出去,当然招股书也不会解释。但这种操作难免会让人觉得公司有把好资产剥离,坏资产上市的嫌疑。这要是在上交所上市,100%会收到证监会的询问函。</p><p>通常以为一家公司上市,最多就是A股和B股,两种股权。但TPG上市硬是搞出了4种东西:普通A股,没有投票权的A股,B股和Common Unit。真的是股权运作的高手。</p><p><b>公司新闻</b></p><p><b>TPG Partners(TPG):IPO发行价$29.50,开盘$33,涨15%。 </b></p><p><img src=\"https://static.tigerbbs.com/164be6623bcb921239a016153a234acc\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p><b>福特汽车(F):市值首次突破$1,000亿,今日最高上涨5.7%,截止收盘上涨2%。</b>福特汽车目前市值超过通用汽车(GM)和Rivian(RIVN),但仍大幅落后于特斯拉(TSLA)。</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>老虎点评:神秘的资管大鳄上市了,但股票你敢买吗?</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n老虎点评:神秘的资管大鳄上市了,但股票你敢买吗?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1005414032\">\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\">老虎锐评 </p>\n<p class=\"h-time\">2022-01-14 10:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>周四美股下跌,纳斯达克大跌2.5%,中概股跟跌6%。</p><p><img src=\"https://static.tigerbbs.com/6db99d5fbcec803c7b7d074ea53de752\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p><b>大名鼎鼎的TPG上市,但股票你敢买吗?</b></p><p>著名私募公司TPG今天上市,收盘价格较IPO价格上涨15%。今天大盘很弱纳斯达克大跌,这样的股价表现难能可贵。TPG成立了30年,名声响亮,但由于不是上市公司,财务状况大家都只能雾里看花。是借着TPG的名声去股市冲锋,还是先缓缓想一个问题——为何30年都不上市的公司,突然上市了?</p><p>TPG的S1可谓是极其复杂,长达459页(前段时间才上市Rivian才300页不到)。当然,S1复杂证明公司愿意披露,能不能读懂就是看各位的水平了。你以为一个公司上市的目的无非就是圈钱,幼稚。TPG这一轮上市,玩的是资产大转移。</p><p>先从大的方面来说。根据公司S1披露,这一轮IPO上市,刨去老股东China Life卖股票和上市承销费用,TPG预计收入将是$8.2亿(绿鞋后)。</p><p><img src=\"https://static.tigerbbs.com/9bf32d7816a1ac3b9cf28f0b1b158a1c\" tg-width=\"719\" tg-height=\"139\" width=\"100%\" height=\"auto\"/></p><p>你以为这$8.2亿会进入公司的账本,不会,这$8.2亿首先要拿出$3.8亿给公司的老股东(非China Life的老股东)。通常来说,一个招股书能够清晰看出是哪些老股东售卖股票退出,但是这份招股书却完全看不出来。只是说这$3.8亿会给一家公司的老股东,这家公司叫做TPG Operating Group。</p><p>这次公开发行的股票是TPG Partners的股票,但是TPG Partners只是一个壳公司,真正运营公司是TPG Operating Group。这招非常厉害,因为TPG Operating Group的股东被完全隐藏起来了,所以并不知道这$3.8亿怎么分配给老股东。TPG Operating Group的运营情况,也通过这种操作,被很好的隐藏起来。</p><p>老股东通过这种匿名操作套现事情算小,真正的问题在于还是TPG上市来进行的一些列资产转移。招股书也没有隐瞒,称这个操作叫做“重组”,下图是公司招股书中关于这次“重组”前后的结构图。</p><p><img src=\"https://static.tigerbbs.com/1d4cdde7c992a6a198378084e9c81590\" tg-width=\"775\" tg-height=\"337\" width=\"100%\" height=\"auto\"/></p><p>通过这次上市,所有的机构/零售股东得到了实际公司11%的股权和1.4%的投票权,但这完全没有反映真实的资产转移情况。</p><p>根据招股书第126页显示,除了老股东拿走$3.8亿现金之外,老股东还通过一些列操作,剥离了TPG Operating Group旗下$11.5亿的资产。</p><p><img src=\"https://static.tigerbbs.com/46dee0004f1f082d6dbb06ab12893faf\" tg-width=\"791\" tg-height=\"231\" width=\"100%\" height=\"auto\"/></p><p>这其中包括现金$0.8亿,以及两个大的投资(一笔$7.2亿,一笔$2.5亿)。其中$7.2亿的投资并没有公开投资标的,$2.5亿来自于TPG Group Holdings (SBS)。根据照顾书的数据显示,这笔投资2019年的成本是$1.8亿,也就是说两年收益达到了34%。</p><p>不知道TPG的老股东是经过什么考虑,把这$11亿资产从上市公司的资产中剥离出去,当然招股书也不会解释。但这种操作难免会让人觉得公司有把好资产剥离,坏资产上市的嫌疑。这要是在上交所上市,100%会收到证监会的询问函。</p><p>通常以为一家公司上市,最多就是A股和B股,两种股权。但TPG上市硬是搞出了4种东西:普通A股,没有投票权的A股,B股和Common Unit。真的是股权运作的高手。</p><p><b>公司新闻</b></p><p><b>TPG Partners(TPG):IPO发行价$29.50,开盘$33,涨15%。 </b></p><p><img src=\"https://static.tigerbbs.com/164be6623bcb921239a016153a234acc\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p><b>福特汽车(F):市值首次突破$1,000亿,今日最高上涨5.7%,截止收盘上涨2%。</b>福特汽车目前市值超过通用汽车(GM)和Rivian(RIVN),但仍大幅落后于特斯拉(TSLA)。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9e51dca4aea5a4f4975d48e2264c0446","relate_stocks":{".DJI":"道琼斯"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141935271","content_text":"周四美股下跌,纳斯达克大跌2.5%,中概股跟跌6%。大名鼎鼎的TPG上市,但股票你敢买吗?著名私募公司TPG今天上市,收盘价格较IPO价格上涨15%。今天大盘很弱纳斯达克大跌,这样的股价表现难能可贵。TPG成立了30年,名声响亮,但由于不是上市公司,财务状况大家都只能雾里看花。是借着TPG的名声去股市冲锋,还是先缓缓想一个问题——为何30年都不上市的公司,突然上市了?TPG的S1可谓是极其复杂,长达459页(前段时间才上市Rivian才300页不到)。当然,S1复杂证明公司愿意披露,能不能读懂就是看各位的水平了。你以为一个公司上市的目的无非就是圈钱,幼稚。TPG这一轮上市,玩的是资产大转移。先从大的方面来说。根据公司S1披露,这一轮IPO上市,刨去老股东China Life卖股票和上市承销费用,TPG预计收入将是$8.2亿(绿鞋后)。你以为这$8.2亿会进入公司的账本,不会,这$8.2亿首先要拿出$3.8亿给公司的老股东(非China Life的老股东)。通常来说,一个招股书能够清晰看出是哪些老股东售卖股票退出,但是这份招股书却完全看不出来。只是说这$3.8亿会给一家公司的老股东,这家公司叫做TPG Operating Group。这次公开发行的股票是TPG Partners的股票,但是TPG Partners只是一个壳公司,真正运营公司是TPG Operating Group。这招非常厉害,因为TPG Operating Group的股东被完全隐藏起来了,所以并不知道这$3.8亿怎么分配给老股东。TPG Operating Group的运营情况,也通过这种操作,被很好的隐藏起来。老股东通过这种匿名操作套现事情算小,真正的问题在于还是TPG上市来进行的一些列资产转移。招股书也没有隐瞒,称这个操作叫做“重组”,下图是公司招股书中关于这次“重组”前后的结构图。通过这次上市,所有的机构/零售股东得到了实际公司11%的股权和1.4%的投票权,但这完全没有反映真实的资产转移情况。根据招股书第126页显示,除了老股东拿走$3.8亿现金之外,老股东还通过一些列操作,剥离了TPG Operating Group旗下$11.5亿的资产。这其中包括现金$0.8亿,以及两个大的投资(一笔$7.2亿,一笔$2.5亿)。其中$7.2亿的投资并没有公开投资标的,$2.5亿来自于TPG Group Holdings (SBS)。根据照顾书的数据显示,这笔投资2019年的成本是$1.8亿,也就是说两年收益达到了34%。不知道TPG的老股东是经过什么考虑,把这$11亿资产从上市公司的资产中剥离出去,当然招股书也不会解释。但这种操作难免会让人觉得公司有把好资产剥离,坏资产上市的嫌疑。这要是在上交所上市,100%会收到证监会的询问函。通常以为一家公司上市,最多就是A股和B股,两种股权。但TPG上市硬是搞出了4种东西:普通A股,没有投票权的A股,B股和Common Unit。真的是股权运作的高手。公司新闻TPG Partners(TPG):IPO发行价$29.50,开盘$33,涨15%。 福特汽车(F):市值首次突破$1,000亿,今日最高上涨5.7%,截止收盘上涨2%。福特汽车目前市值超过通用汽车(GM)和Rivian(RIVN),但仍大幅落后于特斯拉(TSLA)。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":694162066,"gmtCreate":1641870464182,"gmtModify":1641870465766,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Please like ","listText":"Please like ","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/694162066","repostId":"1138761582","repostType":4,"repost":{"id":"1138761582","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业,总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1641823989,"share":"https://www.laohu8.com/m/news/1138761582?lang=&edition=full","pubTime":"2022-01-10 22:13","market":"us","language":"zh","title":"加息预期冲击科技股,2022年改投价值股?华尔街怎么看?","url":"https://stock-news.laohu8.com/highlight/detail?id=1138761582","media":"Wind万得","summary":"美联储越发鹰派的立场促使投资者抛弃快速成长的科技公司的股票,转而投向银行股、能源股等对经济敏感的股票。一些华尔街顶级公司认为,价值型股票有望在2022年继续大放异彩,不过,近来表现逊色的成长股并没有被","content":"<html><head></head><body><p>美联储越发鹰派的立场促使投资者抛弃快速成长的科技公司的股票,转而投向银行股、能源股等对经济敏感的股票。一些华尔街顶级公司认为,价值型股票有望在2022年继续大放异彩,不过,近来表现逊色的成长股并没有被全盘否定。</p><p>面对不断攀升的通胀,美联储已加快缩减资产购买规模的步伐,并释放可能提前加息、甚至缩表的信号。根据CME的FedWatch工具,目前交易员押注美联储3月加息的可能性接近70%。若本周公布的美国CPI通胀率数据再度升高,加息预期或将进一步升温。可以预见的是,具有高度投机性的科技股将首当其冲。那些成长迅速和亏损的科技公司的高股价是基于其未来可能获得丰厚收益,被认为极易受到利率上升的影响,从而削弱潜在的未来收益。</p><p>正如PineBridge Investments投资组合经理Hani Redha所说,“投机性科技股正在被摧毁”,以科技股为主的美股纳斯达克综合指数在2022年首周下跌4.5%,为六年来最差开年表现。高盛的指数显示,亏损科技公司的股价今年以来已下跌约10%。该行估计,那些无论美国经济如何起伏都能产生强劲增长的公司已下跌逾8%。</p><p>科技股大跌之际,美国国债收益率创下28个月来最大涨幅,基准10年期美债收益率从2021年底的1.5%跃升至1.8%,触及近两年高位。</p><p><img src=\"https://static.tigerbbs.com/810b0a3facde719110044db960d567df\" tg-width=\"687\" tg-height=\"479\" referrerpolicy=\"no-referrer\"/></p><p>Fidelity Investments全球宏观策略主管Jurrien Timmer称:“(投机性科技股之前)升上了月球,现在流动性大潮正在逆转。”</p><p>随着收益率走高,此前不被看好的价值型股票的命运也在改写,银行、石油巨头、大型工业集团,尤其是那些与美国经济重新开放息息相关的公司股价均出现上扬。</p><p>从标普500指数各板块2021全年的表现来看,在跑赢大盘的四个板块中,有三个(能源、房地产、金融)属于价值型板块,说明这类股票在投资者中颇具人气。</p><p><img src=\"https://static.tigerbbs.com/1e02eb5ca007e065bcbac5c4cab84d32\" tg-width=\"796\" tg-height=\"591\" referrerpolicy=\"no-referrer\"/></p><p>2022年第一周,标普500指数下跌1.87%的同时,价值股成功实现上涨。当周罗素1000价值指数上涨0.75%,表现优于罗素1000成长指数5个百分点以上,为1991年有记录以来可比时期的最高水平,反映出市场的转变。</p><p><img src=\"https://static.tigerbbs.com/e2aa2ceb3e48d4c914b239ec09831a79\" tg-width=\"686\" tg-height=\"473\" referrerpolicy=\"no-referrer\"/></p><p><b>瑞银财富管理投资总监美洲区投资主管Solita Marcelli表示,坚持周期性押注。</b>她写道:“成长型公司一直是超低实际利率和名义利率的主要受益者。随着美联储开始政策正常化,这些股票将面临最强大的阻力,这点合乎逻辑。<b>在美国股市中,我们依然青睐价值股而非成长股</b>。”</p><p><b>瑞银预计,2022年第一季度初价值股很有可能跑赢成长股,但这一势头不会持久。</b>该行表示,强劲的通胀和劳动力市场应该会使盈亏平衡通胀率保持在高位(对价值股的帮助大于成长股)和实际利率上升(对成长股的伤害大于价值股) ,但持续转向价值股的理由更多是由撤离成长股所驱动,而不是由强势转向价值股所驱动。瑞银认为,到2022年第二季度成长股将实现反超。</p><p>鉴于在利率和通胀上升方面的杠杆作用,<b>摩根士丹利短期内也略微偏向价值股</b>,而非成长股。该行同时指出:“我们认为,随着特殊风险成为关键,对价值股与成长股的迷恋将开始消退。”在大摩看来,总体而言,2022年更多的是关于个股,而不是行业或风格。</p><p><b>看好价值股的还有美国银行和摩根大通。</b>美银就此给出五点理由:1)估值离散度仍接近历史高位,历史上高离散度预示价值股表现出色的时期;2)若疫情得到遏制,价值股可能跑赢成长股;3)大多数指标显示价值股估值不贵;4)从因子和板块层面来看,投资者仍超配成长股、低配价值股;5)美联储加息周期有利于价值股。</p><p>摩根大通称,周期性资产和价值股将会跑赢,风险更高、波动更大的资产将反弹,而防御性债券替代股和在疫情中受惠的市场细分领域将遭遇逆风。该行偏好对再通胀敏感的板块——能源和金融、消费服务、医疗保健以及小盘股。</p><p><b>贝莱德倾向于像去年那样配置周期性价值股(如能源股和金融股)与长期结构性成长股(如科技股和医疗保健股)的组合</b>。该公司表示,若缺少推动2021年关键市场平均向前发展的推进剂的话,专注于基本面研究以区分潜在的赢家和输家将会很重要。</p><p><b>高盛的观点是,买入对疫情和通胀敏感的周期性股票,以及高成长、高利润的股票,同时,规避高劳动力成本的公司以及高成长、不赚钱的公司</b>。高盛的理由是,短期内,强劲的经济增长和通胀率触顶应该会支持周期性股票跑赢;而完全依赖长期增长预期的快速成长的公司更易受到利率上升或营收令人失望的风险的影响。</p><p><b>富国银行投资研究所对成长型股票和周期性股票的青睐胜过防御性板块</b>。该机构称:“寻找在通胀高于平均水平时表现良好的资产。谨慎看待对收益率敏感的资产。”</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 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style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time\">2022-01-10 22:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>美联储越发鹰派的立场促使投资者抛弃快速成长的科技公司的股票,转而投向银行股、能源股等对经济敏感的股票。一些华尔街顶级公司认为,价值型股票有望在2022年继续大放异彩,不过,近来表现逊色的成长股并没有被全盘否定。</p><p>面对不断攀升的通胀,美联储已加快缩减资产购买规模的步伐,并释放可能提前加息、甚至缩表的信号。根据CME的FedWatch工具,目前交易员押注美联储3月加息的可能性接近70%。若本周公布的美国CPI通胀率数据再度升高,加息预期或将进一步升温。可以预见的是,具有高度投机性的科技股将首当其冲。那些成长迅速和亏损的科技公司的高股价是基于其未来可能获得丰厚收益,被认为极易受到利率上升的影响,从而削弱潜在的未来收益。</p><p>正如PineBridge Investments投资组合经理Hani Redha所说,“投机性科技股正在被摧毁”,以科技股为主的美股纳斯达克综合指数在2022年首周下跌4.5%,为六年来最差开年表现。高盛的指数显示,亏损科技公司的股价今年以来已下跌约10%。该行估计,那些无论美国经济如何起伏都能产生强劲增长的公司已下跌逾8%。</p><p>科技股大跌之际,美国国债收益率创下28个月来最大涨幅,基准10年期美债收益率从2021年底的1.5%跃升至1.8%,触及近两年高位。</p><p><img src=\"https://static.tigerbbs.com/810b0a3facde719110044db960d567df\" tg-width=\"687\" tg-height=\"479\" referrerpolicy=\"no-referrer\"/></p><p>Fidelity Investments全球宏观策略主管Jurrien Timmer称:“(投机性科技股之前)升上了月球,现在流动性大潮正在逆转。”</p><p>随着收益率走高,此前不被看好的价值型股票的命运也在改写,银行、石油巨头、大型工业集团,尤其是那些与美国经济重新开放息息相关的公司股价均出现上扬。</p><p>从标普500指数各板块2021全年的表现来看,在跑赢大盘的四个板块中,有三个(能源、房地产、金融)属于价值型板块,说明这类股票在投资者中颇具人气。</p><p><img src=\"https://static.tigerbbs.com/1e02eb5ca007e065bcbac5c4cab84d32\" tg-width=\"796\" tg-height=\"591\" referrerpolicy=\"no-referrer\"/></p><p>2022年第一周,标普500指数下跌1.87%的同时,价值股成功实现上涨。当周罗素1000价值指数上涨0.75%,表现优于罗素1000成长指数5个百分点以上,为1991年有记录以来可比时期的最高水平,反映出市场的转变。</p><p><img src=\"https://static.tigerbbs.com/e2aa2ceb3e48d4c914b239ec09831a79\" tg-width=\"686\" tg-height=\"473\" referrerpolicy=\"no-referrer\"/></p><p><b>瑞银财富管理投资总监美洲区投资主管Solita Marcelli表示,坚持周期性押注。</b>她写道:“成长型公司一直是超低实际利率和名义利率的主要受益者。随着美联储开始政策正常化,这些股票将面临最强大的阻力,这点合乎逻辑。<b>在美国股市中,我们依然青睐价值股而非成长股</b>。”</p><p><b>瑞银预计,2022年第一季度初价值股很有可能跑赢成长股,但这一势头不会持久。</b>该行表示,强劲的通胀和劳动力市场应该会使盈亏平衡通胀率保持在高位(对价值股的帮助大于成长股)和实际利率上升(对成长股的伤害大于价值股) ,但持续转向价值股的理由更多是由撤离成长股所驱动,而不是由强势转向价值股所驱动。瑞银认为,到2022年第二季度成长股将实现反超。</p><p>鉴于在利率和通胀上升方面的杠杆作用,<b>摩根士丹利短期内也略微偏向价值股</b>,而非成长股。该行同时指出:“我们认为,随着特殊风险成为关键,对价值股与成长股的迷恋将开始消退。”在大摩看来,总体而言,2022年更多的是关于个股,而不是行业或风格。</p><p><b>看好价值股的还有美国银行和摩根大通。</b>美银就此给出五点理由:1)估值离散度仍接近历史高位,历史上高离散度预示价值股表现出色的时期;2)若疫情得到遏制,价值股可能跑赢成长股;3)大多数指标显示价值股估值不贵;4)从因子和板块层面来看,投资者仍超配成长股、低配价值股;5)美联储加息周期有利于价值股。</p><p>摩根大通称,周期性资产和价值股将会跑赢,风险更高、波动更大的资产将反弹,而防御性债券替代股和在疫情中受惠的市场细分领域将遭遇逆风。该行偏好对再通胀敏感的板块——能源和金融、消费服务、医疗保健以及小盘股。</p><p><b>贝莱德倾向于像去年那样配置周期性价值股(如能源股和金融股)与长期结构性成长股(如科技股和医疗保健股)的组合</b>。该公司表示,若缺少推动2021年关键市场平均向前发展的推进剂的话,专注于基本面研究以区分潜在的赢家和输家将会很重要。</p><p><b>高盛的观点是,买入对疫情和通胀敏感的周期性股票,以及高成长、高利润的股票,同时,规避高劳动力成本的公司以及高成长、不赚钱的公司</b>。高盛的理由是,短期内,强劲的经济增长和通胀率触顶应该会支持周期性股票跑赢;而完全依赖长期增长预期的快速成长的公司更易受到利率上升或营收令人失望的风险的影响。</p><p><b>富国银行投资研究所对成长型股票和周期性股票的青睐胜过防御性板块</b>。该机构称:“寻找在通胀高于平均水平时表现良好的资产。谨慎看待对收益率敏感的资产。”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/50f0a252f951b7accc03d40bda92a3b2","relate_stocks":{".DJI":"道琼斯"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138761582","content_text":"美联储越发鹰派的立场促使投资者抛弃快速成长的科技公司的股票,转而投向银行股、能源股等对经济敏感的股票。一些华尔街顶级公司认为,价值型股票有望在2022年继续大放异彩,不过,近来表现逊色的成长股并没有被全盘否定。面对不断攀升的通胀,美联储已加快缩减资产购买规模的步伐,并释放可能提前加息、甚至缩表的信号。根据CME的FedWatch工具,目前交易员押注美联储3月加息的可能性接近70%。若本周公布的美国CPI通胀率数据再度升高,加息预期或将进一步升温。可以预见的是,具有高度投机性的科技股将首当其冲。那些成长迅速和亏损的科技公司的高股价是基于其未来可能获得丰厚收益,被认为极易受到利率上升的影响,从而削弱潜在的未来收益。正如PineBridge Investments投资组合经理Hani Redha所说,“投机性科技股正在被摧毁”,以科技股为主的美股纳斯达克综合指数在2022年首周下跌4.5%,为六年来最差开年表现。高盛的指数显示,亏损科技公司的股价今年以来已下跌约10%。该行估计,那些无论美国经济如何起伏都能产生强劲增长的公司已下跌逾8%。科技股大跌之际,美国国债收益率创下28个月来最大涨幅,基准10年期美债收益率从2021年底的1.5%跃升至1.8%,触及近两年高位。Fidelity Investments全球宏观策略主管Jurrien Timmer称:“(投机性科技股之前)升上了月球,现在流动性大潮正在逆转。”随着收益率走高,此前不被看好的价值型股票的命运也在改写,银行、石油巨头、大型工业集团,尤其是那些与美国经济重新开放息息相关的公司股价均出现上扬。从标普500指数各板块2021全年的表现来看,在跑赢大盘的四个板块中,有三个(能源、房地产、金融)属于价值型板块,说明这类股票在投资者中颇具人气。2022年第一周,标普500指数下跌1.87%的同时,价值股成功实现上涨。当周罗素1000价值指数上涨0.75%,表现优于罗素1000成长指数5个百分点以上,为1991年有记录以来可比时期的最高水平,反映出市场的转变。瑞银财富管理投资总监美洲区投资主管Solita Marcelli表示,坚持周期性押注。她写道:“成长型公司一直是超低实际利率和名义利率的主要受益者。随着美联储开始政策正常化,这些股票将面临最强大的阻力,这点合乎逻辑。在美国股市中,我们依然青睐价值股而非成长股。”瑞银预计,2022年第一季度初价值股很有可能跑赢成长股,但这一势头不会持久。该行表示,强劲的通胀和劳动力市场应该会使盈亏平衡通胀率保持在高位(对价值股的帮助大于成长股)和实际利率上升(对成长股的伤害大于价值股) ,但持续转向价值股的理由更多是由撤离成长股所驱动,而不是由强势转向价值股所驱动。瑞银认为,到2022年第二季度成长股将实现反超。鉴于在利率和通胀上升方面的杠杆作用,摩根士丹利短期内也略微偏向价值股,而非成长股。该行同时指出:“我们认为,随着特殊风险成为关键,对价值股与成长股的迷恋将开始消退。”在大摩看来,总体而言,2022年更多的是关于个股,而不是行业或风格。看好价值股的还有美国银行和摩根大通。美银就此给出五点理由:1)估值离散度仍接近历史高位,历史上高离散度预示价值股表现出色的时期;2)若疫情得到遏制,价值股可能跑赢成长股;3)大多数指标显示价值股估值不贵;4)从因子和板块层面来看,投资者仍超配成长股、低配价值股;5)美联储加息周期有利于价值股。摩根大通称,周期性资产和价值股将会跑赢,风险更高、波动更大的资产将反弹,而防御性债券替代股和在疫情中受惠的市场细分领域将遭遇逆风。该行偏好对再通胀敏感的板块——能源和金融、消费服务、医疗保健以及小盘股。贝莱德倾向于像去年那样配置周期性价值股(如能源股和金融股)与长期结构性成长股(如科技股和医疗保健股)的组合。该公司表示,若缺少推动2021年关键市场平均向前发展的推进剂的话,专注于基本面研究以区分潜在的赢家和输家将会很重要。高盛的观点是,买入对疫情和通胀敏感的周期性股票,以及高成长、高利润的股票,同时,规避高劳动力成本的公司以及高成长、不赚钱的公司。高盛的理由是,短期内,强劲的经济增长和通胀率触顶应该会支持周期性股票跑赢;而完全依赖长期增长预期的快速成长的公司更易受到利率上升或营收令人失望的风险的影响。富国银行投资研究所对成长型股票和周期性股票的青睐胜过防御性板块。该机构称:“寻找在通胀高于平均水平时表现良好的资产。谨慎看待对收益率敏感的资产。”","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2914,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":694901086,"gmtCreate":1641775956966,"gmtModify":1641775958510,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Great 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$亚马逊(AMZN)$","images":[{"img":"https://static.tigerbbs.com/5a71cd69ce3beb6a2a173cad7947e885","width":"0","height":"0"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/694065419","isVote":1,"tweetType":2,"object":{"id":"6132834947214d34957b0f93d76d9d53","tweetId":"694065419","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/e0718b2a387702294321309261/3HQtMqK7NaoA.mp4","poster":"https://static.tigerbbs.com/5a71cd69ce3beb6a2a173cad7947e885"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1956,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":694909512,"gmtCreate":1641775559000,"gmtModify":1641775560623,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/694909512","repostId":"1162390026","repostType":4,"isVote":1,"tweetType":1,"viewCount":2020,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":694909661,"gmtCreate":1641775496328,"gmtModify":1641775497861,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Please like, thanks ","listText":"Please like, thanks ","text":"Please like, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/694909661","repostId":"2202324276","repostType":4,"isVote":1,"tweetType":1,"viewCount":2372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695757720,"gmtCreate":1641622757216,"gmtModify":1641622764635,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695757720","repostId":"1147320317","repostType":4,"repost":{"id":"1147320317","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641565929,"share":"https://www.laohu8.com/m/news/1147320317?lang=&edition=full","pubTime":"2022-01-07 22:32","market":"us","language":"en","title":"S&P 500 Opens Flat on Friday, Heads for Losing Week to Begin 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1147320317","media":"Tiger Newspress","summary":"U.S. stocks were flat on Friday after the December jobs report came in short of expectations.The Dow","content":"<html><head></head><body><p>U.S. stocks were flat on Friday after the December jobs report came in short of expectations.</p><p>The Dow Jones Industrial Average fell 34 points, or 0.09%. The S&P 500 advanced 0.07%, and the Nasdaq Composite added 0.2%.</p><p>The U.S. economy added far fewer jobs in December than expected, The Labor Department reported Friday. The nonfarm payrolls report showed an increase of 199,000 in December, though economists had expected growth of 422,000, according to Dow Jones.</p><p>While the headline number disappointed, there were some things in this jobs report that pointed to an improving economic picture and higher inflation. Average hourly earnings increased by 0.6%, above expectations. And the unemployment rate fell to 3.9%, the lowest level since Feb 2020 and well below the 4.1% expected.</p><p>That appeared to be what bond investors were focusing on as they sent yields higher again on Friday. The 10-year Treasury yield topped 1.76% on Friday, continuing its amazing 2022 run from a 2021 year-end level of 1.51%.</p><p>Tech stocks were set to lose ground again on Friday as yields rose, continuing a theme this week of investors rotating out of the sector.</p><p>In early trading Friday, GameStop shares soared more than 15% premarket following news that the company is venturing into the crypto world with investments in a marketplace for nonfungible tokens and digital currency partnerships to create games and other items.</p><p>Elsewhere, shares of Starbucks fell about 3% after both RBC and Oppenheimer downgraded the coffee giant on the notion that the stock may have peaked in the near term and will struggle to grow profits ahead.</p><p>Also, Discovery’s stock rose 3.8% after Bank of America upgraded the company, saying that it should gain as benefits with Warner Media become clearer.</p><p>U.S. weekly jobless claims totaled 207,000 for the week ended Jan. 1, the Labor Department said Thursday. The reading was higher than the expected 195,000. But the private sector added 807,000 jobs in December, ADP said Wednesday, which was significantly higher than the expected 375,000.</p><p>Stocks’ declines over the last two days follow the Wednesday release of the minutes from the Federal Reserve’s December meeting. The central bank is ready to dial back its economic help at a faster rate than some had anticipated.</p><p>“A shift in Fed policy often injects volatility into markets,” said Keith Lerner, chief market strategist at Truist. “Stocks have generally had positive performance during periods where the Fed is raising short-term rates because this is normally paired with a healthy economy.”</p><p>“The dip in stocks seems a bit overdone,” added UBS Global Wealth Management in a note to clients. “The normalization of Fed policy shouldn’t dent the outlook for corporate profit growth, which remains on solid footing due to strong consumer spending, rising wages, and still-easy access to capital.”</p><p>The yield on the 10-year U.S. Treasury hit 1.75% on Thursday, sharply higher than last week’s 1.51% level. The move higher has hit growth-oriented areas of the market, since promised future profits start to look less compelling. The tech-heavy Nasdaq Composite is on track for its worst week since February 2021 as investors rotate out of growth and into value names.</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>S&P 500 Opens Flat on Friday, Heads for Losing Week to Begin 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 Opens Flat on Friday, Heads for Losing Week to Begin 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-07 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks were flat on Friday after the December jobs report came in short of expectations.</p><p>The Dow Jones Industrial Average fell 34 points, or 0.09%. The S&P 500 advanced 0.07%, and the Nasdaq Composite added 0.2%.</p><p>The U.S. economy added far fewer jobs in December than expected, The Labor Department reported Friday. The nonfarm payrolls report showed an increase of 199,000 in December, though economists had expected growth of 422,000, according to Dow Jones.</p><p>While the headline number disappointed, there were some things in this jobs report that pointed to an improving economic picture and higher inflation. Average hourly earnings increased by 0.6%, above expectations. And the unemployment rate fell to 3.9%, the lowest level since Feb 2020 and well below the 4.1% expected.</p><p>That appeared to be what bond investors were focusing on as they sent yields higher again on Friday. The 10-year Treasury yield topped 1.76% on Friday, continuing its amazing 2022 run from a 2021 year-end level of 1.51%.</p><p>Tech stocks were set to lose ground again on Friday as yields rose, continuing a theme this week of investors rotating out of the sector.</p><p>In early trading Friday, GameStop shares soared more than 15% premarket following news that the company is venturing into the crypto world with investments in a marketplace for nonfungible tokens and digital currency partnerships to create games and other items.</p><p>Elsewhere, shares of Starbucks fell about 3% after both RBC and Oppenheimer downgraded the coffee giant on the notion that the stock may have peaked in the near term and will struggle to grow profits ahead.</p><p>Also, Discovery’s stock rose 3.8% after Bank of America upgraded the company, saying that it should gain as benefits with Warner Media become clearer.</p><p>U.S. weekly jobless claims totaled 207,000 for the week ended Jan. 1, the Labor Department said Thursday. The reading was higher than the expected 195,000. But the private sector added 807,000 jobs in December, ADP said Wednesday, which was significantly higher than the expected 375,000.</p><p>Stocks’ declines over the last two days follow the Wednesday release of the minutes from the Federal Reserve’s December meeting. The central bank is ready to dial back its economic help at a faster rate than some had anticipated.</p><p>“A shift in Fed policy often injects volatility into markets,” said Keith Lerner, chief market strategist at Truist. “Stocks have generally had positive performance during periods where the Fed is raising short-term rates because this is normally paired with a healthy economy.”</p><p>“The dip in stocks seems a bit overdone,” added UBS Global Wealth Management in a note to clients. “The normalization of Fed policy shouldn’t dent the outlook for corporate profit growth, which remains on solid footing due to strong consumer spending, rising wages, and still-easy access to capital.”</p><p>The yield on the 10-year U.S. Treasury hit 1.75% on Thursday, sharply higher than last week’s 1.51% level. The move higher has hit growth-oriented areas of the market, since promised future profits start to look less compelling. The tech-heavy Nasdaq Composite is on track for its worst week since February 2021 as investors rotate out of growth and into value names.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147320317","content_text":"U.S. stocks were flat on Friday after the December jobs report came in short of expectations.The Dow Jones Industrial Average fell 34 points, or 0.09%. The S&P 500 advanced 0.07%, and the Nasdaq Composite added 0.2%.The U.S. economy added far fewer jobs in December than expected, The Labor Department reported Friday. The nonfarm payrolls report showed an increase of 199,000 in December, though economists had expected growth of 422,000, according to Dow Jones.While the headline number disappointed, there were some things in this jobs report that pointed to an improving economic picture and higher inflation. Average hourly earnings increased by 0.6%, above expectations. And the unemployment rate fell to 3.9%, the lowest level since Feb 2020 and well below the 4.1% expected.That appeared to be what bond investors were focusing on as they sent yields higher again on Friday. The 10-year Treasury yield topped 1.76% on Friday, continuing its amazing 2022 run from a 2021 year-end level of 1.51%.Tech stocks were set to lose ground again on Friday as yields rose, continuing a theme this week of investors rotating out of the sector.In early trading Friday, GameStop shares soared more than 15% premarket following news that the company is venturing into the crypto world with investments in a marketplace for nonfungible tokens and digital currency partnerships to create games and other items.Elsewhere, shares of Starbucks fell about 3% after both RBC and Oppenheimer downgraded the coffee giant on the notion that the stock may have peaked in the near term and will struggle to grow profits ahead.Also, Discovery’s stock rose 3.8% after Bank of America upgraded the company, saying that it should gain as benefits with Warner Media become clearer.U.S. weekly jobless claims totaled 207,000 for the week ended Jan. 1, the Labor Department said Thursday. The reading was higher than the expected 195,000. But the private sector added 807,000 jobs in December, ADP said Wednesday, which was significantly higher than the expected 375,000.Stocks’ declines over the last two days follow the Wednesday release of the minutes from the Federal Reserve’s December meeting. The central bank is ready to dial back its economic help at a faster rate than some had anticipated.“A shift in Fed policy often injects volatility into markets,” said Keith Lerner, chief market strategist at Truist. “Stocks have generally had positive performance during periods where the Fed is raising short-term rates because this is normally paired with a healthy economy.”“The dip in stocks seems a bit overdone,” added UBS Global Wealth Management in a note to clients. “The normalization of Fed policy shouldn’t dent the outlook for corporate profit growth, which remains on solid footing due to strong consumer spending, rising wages, and still-easy access to capital.”The yield on the 10-year U.S. Treasury hit 1.75% on Thursday, sharply higher than last week’s 1.51% level. The move higher has hit growth-oriented areas of the market, since promised future profits start to look less compelling. The tech-heavy Nasdaq Composite is on track for its worst week since February 2021 as investors rotate out of growth and into value names.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696161468,"gmtCreate":1640651295412,"gmtModify":1640651321172,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696161468","repostId":"1127544468","repostType":4,"isVote":1,"tweetType":1,"viewCount":2191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"following","isTTM":false}