Category Archives: Advertising & Marketing

The National Trust responded to investors for the first time as soon as it was proved wrong 哈尔滨理工大学怎么样

National Trust for the first time to respond to investors: as long as the evidence is wrong, just against the Sina fund exposure platform: letter Phi lag false propaganda, performance is lower than the same product for a long time, buy fund was pit how to do? Click on [I want to complain], Sina help you expose them! Securities Times reporter Wang Ying recently, the Beijing banking regulatory bureau and the National Trust chairman Yang Xiaoyang on the National Trust "Bo steel system" products investors formally responded. Yang Xiaoyang told investors that "you can collect all of the data to the national trust, petition. As long as it proves that the national trust is wrong, it has just been exchanged." Beijing Banking Regulatory Bureau stakeholders said, "we will receive from March this year on the National Trust report letter, the banking regulatory bureau has dispatched inspectors stationed in the National Trust for verification every day, there has been a corresponding progress." These people said, "we can not request the national trust to honor, but if the company found irregularities, we can punish it accordingly."." According to the reporter, investors complained that the focus of National Trust due diligence investigation serious loopholes. Investors said, "after the product problems, trust companies continue to emphasize our investment risk, need caveat emptor, however, is the premise of caveat emptor sellers responsible, when the company has the management of default, investors unilateral to bear the loss is not reasonable." According to the relevant sources, the trust fund has expressed support for the national trust to honor, but was rejected. For this news, as of press time reporter did not get the trust security fund response. The Bohai steel products spared it is understood that the National Trust has for the Bohai iron and Steel Group subsidiary set up 4 products through debt Commission investigation, Bohai steel financial debt is 192 billion yuan, the total assets of nearly 290 billion yuan, if coupled with commercial debt, Bohai steel insolvent. On the occasion of the risk exposure of the Bohai Steel Group, the 4 products of the National Trust also have problems, involving about 970 million yuan of funds. Data show that the Bohai steel system four products are quarterly interest payments. At present, there are 1 products default, the rest of the 3 products, expired products have been postponed treatment, the product is about to expire, basically can not be honored on time. Among them, the "Tianjin iron and steel group loans pooled funds trust plan" issued a total of 4 issues, raising a total of 269 million 600 thousand yuan. Project financing for Tianjin iron and steel, the secured party is financing the controlling shareholder of Tianjin Tiangang Group to provide joint liability guarantee. Prior to being informed of the delay, but still unable to pay after the expiration of the contract, there has been a substantial breach. At present, the trust gains and more than 90% of the trust principal paid during the liquidation are still not yet allocated. "The rule of cable operators usufruct capital trust plan issued a total of 2, raising funds totaling 150 million yuan. The financing side is Tianjin metallurgical steel wire rope Group Co., Ltd., the guarantee measures are the joint and several liability guarantee provided by the Tianjin Metallurgy Group Co, and the enforcement notarization is compulsory. It is reported that two products were issued at the same time, the term is different, a category of six months, one year, respectively, in February 21st and August 21st expires, the current principal is discussed

国民信托首度回应投资人:只要证明有错就刚兑 新浪基金曝光台:信披滞后虚假宣传,业绩长期低于同类产品,买基金被坑怎么办?点击【我要投诉】,新浪帮你曝光他们!   证券时报记者 王莹   近日,北京银监局及国民信托董事长杨小阳对深陷国民信托“渤钢系”产品的投资者们正式作出了回应。   杨小阳对投资者称,“你们可以收集一切关于国民信托的资料,上访上告。只要证明国民信托有错,就刚兑。”   北京银监局相关人士表示,“我们从今年3月份便陆续收到关于国民信托的举报信,银监局已经派遣监管员每天进驻国民信托进行核查,目前已经有了相应进展。”   上述人士并表示,“我们无法要求国民信托进行兑付,但如果查出公司存在违规行为,我们可以对它进行相应处罚。”   据记者了解,投资者控诉焦点集中在国民信托尽职调查存在严重漏洞。投资者表示,“在产品出现问题后,信托公司不断向我们强调投资有风险,需买者自负,但是,买者自负的前提是卖者尽责,当公司存在管理失责时,让投资者单方来承担损失是不合理的。”   另据相关人士透露,信托保障基金曾表示帮助国民信托进行兑付,但被其拒绝了。对于此消息,截至记者发稿时并未得到信托保障基金的回应。   渤钢系产品无一幸免   据了解,国民信托先后为渤海钢铁集团旗下子公司设立了4款产品,经过债委会排查,渤钢的金融债务为1920亿元,总资产近2900亿元,若加上商业债务,渤钢已资不抵债。在渤钢集团风险暴露之际,国民信托的4款产品也全部出现问题,涉及资金约9.7亿元。   资料显示,渤钢系四款产品均按季度付息。目前,已有1款产品出现违约,其余3款产品中,已经到期的产品被延期处理,即将到期的产品被告知基本无法按时兑付。   其中,“天津钢铁集团贷款集合资金信托计划”共发行4期,募集资金共计2.696亿元。项目融资方为天津钢铁,担保方是融资方的控股股东,天津天钢集团提供连带责任担保。此前先被告知延期,延期到期后仍无法支付,已出现实质违约。目前,清算期间信托收益及超过90%为支付的信托本金仍尚未分配。   “天冶线缆经营收益权集合资金信托计划”共发行2期,募集资金共计1.5亿元。融资方为天津冶金钢线钢缆集团有限公司,担保措施是天津冶金集团有限公司提供连带责任保证,并办理强制执行公证。据悉,两期产品同时发行,期限不同,一类半年,一类一年,分别于2月21日和8月21日到期,目前本金均未兑付,二季度利息支付了20%。   “天冶轧三经营收益权集合资金信托计划”共发行5期,2015年9月 共募资3.49亿元。融资方为天津冶金集团轧三钢铁有限公司,担保方为天津冶金集团。目前,“轧三”第一期产品即将于9月18日到期,投资者已被告知本息如期兑付得可能性很低。一期产品一季度利息分两次延期支付完毕,二季度利息仅支付了15%。   值得注意的是,当“天钢”第二期出现到期无法兑付时,及“轧三”前两期产品已出现延期兑付时,国民信托仍在官网发行“轧三”后三期产品。   “国民信托-天钢国贸股权收益权集合资金信托计划”共计发行3期,募集资金2亿元,融资方为天津钢铁集团,担保方为天津天钢集团有限公司,也是“天钢”产品的担保方。该产品9月7日和8日将面临到期,目前已经处于利息违约状态,去年12月份曾支付利息一次,3月份按比例进行了付息,6月份没有支付。   此外,除了渤钢系的四款产品外,国民信托还踩中了宁夏宝塔集团“地雷”。国民信托为宁夏宝塔集团旗下子公司宁夏宝塔石化贷款,共募集资金1.2亿元,担保人为河北融投。据投资者了解,该项目即将兑付一半本金,另一半将在年底前兑付。此前华鑫信托也曾因涉及宁夏宝塔集团而出现了兑付危机。   尽职调查形同虚设?   记者获悉,天津市委巡视八组于去年年底对渤海钢铁及原旗下四大钢铁子公司的专项巡视结果。巡视组称,渤海钢铁存在“以钢吃钢”现象,“一些领导人员利用职权和掌握的资源设租寻租,围猎国有资产”。同时,内部监管漏洞多,“三重一大”制度流于形式,对资金、资产、资源、资本和工程项目的管理缺失缺位,造成国有资产流失。   对此,渤海钢铁党委书记吕春风表示,“市委巡视组的反馈意见完全符合实际”。   此外,在轧三官网上,可以多次看到“保生存”的标语和口号。天冶轧三公司总经理王天伟曾表示,该公司多年来沉淀在管理上的问题较多,职工思想观念转变缓慢,基础管理的薄弱环节不少,管理机制不够科学、系统。   “轧三”产品投资者表示,“产品刚刚运行几个月就出现了兑付困难,并被爆出了渤钢集团1920亿元的债务危机,难道在成立产品前,国民信托不清楚渤钢集团的债务率么?”   四款产品的投资人均对国民信托的尽职调查产生了疑虑,他们表示,“在产品出现问题不久前,国民信托发来的报告还显示融资方经营一切正常,完全没有预测到风险的发生,也毫无风险处置能力。”   投资者还对记者表示,“在产品出现问题后,国民信托仍在发行同一融资方的产品,这种行为简直是视投资者为傻子,另一侧面也反映出国民信托风控管理的失责。也不难让人怀疑国民信托存在借新还旧的嫌疑。”   9月5日,在投资者与国民信托高管的谈判中,国民信托副总经理何远得到公司授权,对投资者回应,“公司在积极与融资企业谈判,并向人民法院提起诉讼,各项工作已取得一定进展。此外,公司多次向市政府及有关部门强调信托债务的敏感性,要求尽快出台解决方案。”   但对于“为何产品出现问题了,还在继续发新产品”这一问题,何远并未给予答复。此外,投资者多次要求查看尽职调查报告,国民信托最终在一个多小时后将未盖公章的尽调报告拿了出来,但投资者被告知,“只准看,不准带走”。   陈若谷 制表 翟超 制图 进入【新浪财经股吧】讨论相关的主题文章:

Comments the property market regulation can not blindly limit the more buyers psychological panic 99狼客

Comment: market regulation can not blindly limit limit buyers psychological panic more market regulation can not blindly "limit" – Tan Haojun from the limit to limit the loan to purchase, until the 13 opinions issued, Nanjing city in a stable prices, has bursts of "four arrows", "attention" to describe too much. However, judging from the content, but lack of "new" Chen is in fried cold plate. Perhaps, the regulation of the property market in Nanjing can not be too demanding, other places in the property market regulation, most of the same. But, frequently the same old stuff, not only consumers have tired, developers are completely in control of the government, in the face of regulation policy to chop and change, easily grasp the initiative of prices. Otherwise, there will not be the transfer prices higher, the more the more outrageous phenomenon. In fact, the current actual situation, the price has been the purchase of credit limit and limit does not matter much, limit or no limit or not, as long as there is demand, and demand, prices will rise. Especially a second tier city, just need to add investment, speculation, enough to make housing prices continue to rise in a certain period. If blindly use the "limit" way, will only make the more demand "limit" more, the more "limit" the more urgent, buyers psychological more "limit" more panic. Such a situation will naturally further promote housing prices. This also means that in the property market, it has to be a good reflection of the time, that is the property market regulation has been real kidnapping, the frequent use of "limited" way behind the price bottom, will bring prices more "limit" more bad temper. As for the local government, if you really care about the people of the housing problem, should not be too much of the eyes on the "price", and should be placed in the "real" word, look at the old people is not a room to live. Then, the distribution structure of focus will be to "real", for low-income, low-income housing to buy and rent as the core, realize the combination of security system, to ensure that low-income housing. For the existence of speculative speculative phenomenon of high-grade residential, villas, etc., through economic means, especially tax means to curb real estate, curb hoard houses. Such as raising taxes, many home buyers more suites transfer VAT, and as soon as a property tax, property tax, estate and gift tax, in order to increase the cost of real estate, store room, store room, increased the risk of real estate. In the property market, still need to go to the government of the government, the market return market, high-end residential, luxury villas, or shall be determined by the market, the rise in prices, the rise will rise much, local governments do not control, but do not limit. On the contrary, we can also get more government revenue from the price increase. What the local government should do is to raise more affordable housing construction funds to compensate for the market failure from the income generated by high-end housing and villas. If only the frequent use of "limited" word means, will only make the market more distorted, so that prices rise more irrational. (economic information daily) more exciting content, welcome to pay attention to search WeChat public number: Tencent Finance (financeapp).

评论:楼市调控不能一味地限 越限购房者心理越恐慌楼市调控不能一味地“限”□谭浩俊从限价到限贷再到限购,直至13条意见发布,南京市在稳定房价方面,已经连发“四箭”,用“高度重视”来形容,也不为过。但是,从内容来看,却乏“新”可陈,就是在炒冷钣。也许,对南京市的楼市调控不能过于苛求,其他地方在楼市调控方面,大多也是如此。只是,频繁地炒冷饭,不仅消费者已经感到厌倦,开发商更是完全掌握了政府心理,面对朝三暮四的调控政策,很轻松地就掌握了房价的主动权。不然,也不会出现房价越调越高、越调越离谱的现象。实际上,就目前的实际情况来看,房价已经与限购限贷限价等没有多大关系,限也好,不限也罢,只要有需求,且需求旺,房价就会涨。特别是一二线城市,刚需加投资、投机,足以令房价在一定阶段内持续上涨。如果一味地采用“限”的方式,只会让需求越“限”越多、越“限”越急,购房者的心理越“限”越恐慌。出现这样的状态,自然就会进一步推动房价上涨。这也意味着,在楼市问题上,已经到了需要好好反思的时候了,也就是楼市调控是否已经被房价完全绑架,频繁用“限”的方式跟在房价的屁股后面,会不会把房价的脾气越“限”越坏。对于地方政府来说,如果真心关心老百姓的住房问题,就不该过多地把眼睛放在“价”字上,而应当放在“房”字上,关注一下老百姓是不是有房可住。那么,关注的重点也就要转向“房”的分布结构上,对中低收入阶层,以保障房为核心,实现买和租相结合的保障体系,确保中低收入阶层有房可住。对可能存在投资投机炒作现象的高档住宅、别墅等,则通过经济手段尤其是税收手段,遏制炒房、遏制囤房。如提高多套房购买者的契税、多套房转让者的增值税,并尽快开征房产税、物业税、遗产与赠予税等,以此来增加炒房、囤房的成本,增强炒房、囤房的风险。在楼市问题上,还是要坚持政府的归政府、市场的归市场,高档住宅、高档别墅等,还是应当由市场来决定,该涨就涨,该涨多少就涨多少,地方政府不要管,更不要限。相反,还能够从涨价中获得更多政府收入。地方政府要做的,就是从高档住房和别墅产生的收益中,筹集更多的保障房建设资金,弥补市场失灵。如果只会频繁地采用“限”字手段,只会让市场更扭曲,让房价上涨更加没有理性。(经济参考报)更多精彩内容欢迎搜索关注微信公众号:腾讯财经(financeapp)。相关的主题文章:

the system can solve everything 大同大学教务处

Hongkong "confidence in the system. The culture and culture: kidnapping Sina Finance client: the most profitable investors in Hong Kong stocks through market mechanism, a number of level2 asked the people of Hongkong, what the most confident? Answer: most of the system. In the eyes of most people in Hongkong, Hongkong has the most modern and perfect system. They think: the system can solve everything, even if they don’t do what. In two and January 20th, China’s coarse grain Wang Yinpin (904.HK) issued shares announcement, one for two, issued 23.84-28.95 million shares; for the stock price of 0.12 yuan, compared with the previous trading day reported a substantial discount of 46.67%. This announcement, 99.99999999% of the Hongkong market investors read, will not have any reaction. Because there are too many announcements, we’re used to it. But after I saw it, I couldn’t resist the anger of your uncle! Do you want your face? Listed companies do not, the regulators do? Just ignore it? Hongkong’s stock offering is a means of fund raising, basically similar to mainland rights offering. However, the mainland allotment is at most 10 with 3, and the proportion of discount is strictly limited, generally 10 percent off. Coarse grain king this one for two, equal to 10 of the mainland with 20! 10 with 20 also, and the allotment price directly half off. Yes, this is what we called the old K custom play. This is a commonplace thing in Hongkong, 10 and 20 is not what, 10 for 50, 10 for 70 more to go, the old Wiley international community a great reputation (273.HK) in July 2002 10 for 100 shares, and immediately after 50 shares of stock, don’t you play with hematemesis, dogged. You say, coarse grain king this allotment, you are involved in it? Or not? Don’t get involved. The stock account is losing half of its money. Bite your teeth, take part in it, and you’ll never have it again, and you’ll be able to do it again every few days! What do you think it is? Yes, this is the naked kidnapping. No pay? Kill. Pay for release. Of course, it won’t take this hand, but it will tie you up frequently. The worst is that sometimes, pay the money, so some money — kill ring direct low privatization, even bankruptcy, let you have no bone residue. Cheat and kidnap, the two was the likeness of the garbage, while in Hongkong the system of "perfect" place a popular, satirical, or coincidence? Three, look around the world, only the Hongkong market has deep "old K" brand, which is called "thousand" without too much. "Cheat", as the name suggests, is a gold stock. The normal running rules of the stock market are that the listed companies manage the company well, increase their performance, pay dividends every year, and the stock price rises steadily, so that both the company and the investors earn corresponding profits, which is a win-win situation. In another case, the listed companies did not manage the firm (also not ready to run), but can use performance in a complete mess, continue to rule out of thousands of small shareholders, kidnapping, money from the stock market. "Cheat" is definitely on the Hongkong stock market

香港“制度自信”:老千文化和绑票文化 新浪财经客户端:最赚钱的投资者都在用 港股level2行情 翻看机构底牌   一、   问及香港人,什么最自信?多半答曰:制度。   在多数香港人眼里,香港有最现代和完善的制度体系。他们认为:制度能解决一切,哪怕人什么也不做。   二、   1月20日,中国粗粮王饮品(904.HK)发布供股公告,一供二,发行23.84-28.95亿股;供股价0.12元,较上交易日收报大幅折让46.67%。   这个公告,99.99999999%的香港市场投资者看完了,都不会有任何反应。因为类似公告太多了,习以为常。但我看完了,仍忍不住满心的怒火:你大爷的!要不要脸?上市公司不要,监管层呢?就硬是不管吗?   香港的供股是一种集资手段,基本类似大陆的配股。但大陆配股,顶多也就10配3,而且配股折价比例有严格限制,一般最多9折。粗粮王这个一供二,等于大陆的10配20!10配20也就算了,而且配股价直接五折。   没错,这就是大家俗谓的老千股玩法。这在香港是个见怪不怪的事,10供20不算什么,10供50,10供70的多了去了,老千界鼎鼎大名的威利国际(273.HK)2002年7月10供100股,供完后马上50股合一股,不把你玩吐血,誓不罢休。   你说,粗粮王这个配股,你是参与呢?还是不参与?   不参与吧,股票账户的钱马上亏一半。咬咬牙,砸锅卖铁参与吧,丫的就不会有个完,隔几天就可能给你再来一次!   你觉得这算神马?没错,这就是赤裸裸的绑票。不付钱?撕票。付钱才放人。当然,它不会就此收手,而会频繁绑你。最恶劣的是,有时候,付了钱,照样撕票――有些圈完钱直接低价私有化,甚至破产,让你骨头渣都没有。   老千和绑票,这两个无比神似的垃圾行为,同时在香港这个“制度最完善”的地方如鱼得水,大行其道,是讽刺,还是巧合?   三、   放眼全世界,也只有香港这个市场有深深的“老千股”烙印,称其为“千都”毫不为过。   “老千股”,顾名思义,就是骗人钱财的股票。股市正常的运行规则是,上市公司把公司经营好了,业绩增长,每年派息分红,股票价格节节上涨,这样公司和股民都赚取了相应的利润,这就是个双赢的局面。而另外一种情况,上市公司没把公司经营好(也根本不准备经营好),业绩一塌糊涂,却可以利用规则不断出千,绑架中小股东,从股市里面圈钱。   “老千股”绝对是香港股市的土特产,成熟的美国股市没有,不成熟的A股市场也没有。最核心原因就是因为香港包括股票发行、融资等制度安排,严重倾向大股东,大股东可以翻手为云覆手为雨,几乎可以随时、随地以任何愿意的价格供股集资,完全没中小股东什么事。哪怕白字黑字公告的集资理由是编造的,中小股东也没有任何事后追责机制,只能只认倒霉。   “老千股”的运作,如同吸毒。一旦上市公司发现可以通过财技,而非自身努力经营公司就可以赚钱,这个游戏规则就会被发挥的淋漓尽致。他们几乎永不会分红,却可以理直气壮的频繁圈钱。哪怕股价跌到几分钱,可以再合股然后继续跌,重新再圈钱,这是一个无底洞。这类公司并不以实现经营性盈利为目的,而是依赖这样的挖坑行为,通过频繁的关联交易,融资,不断的赚取股民的财富。几乎每一个投资过港股的人都或多或少中过招,踩过雷,都有一把辛酸的被绑票血泪史。   此前格隆汇的约翰法雷尔前辈就写过一篇广泛传播的文章《香港,请不要自己抛弃自己:从香港老千股的惨痛经历说起》,文中举例的蒙古矿业(1166.HK)用8年时间跌了99.9955%,这就是最典型的老千股,简直就是把“千股文化“发挥到了极致。而就在上个月,这家公司换了个马甲,取了个新名字“星凯控股“,新一轮坑蒙拐骗又开始了。   现在你知道在香港股市呆久了的“老警察”都只记代码,不记名字的原因了吧――不是装逼,是被逼啊!   老千泛滥的结果是:劣币驱逐良币。弄得好的公司也无心经营,就想着坑蒙拐骗。搁谁都会这么做啊:做实业赚钱多辛苦啊,出千赚钱容易多了!最最关键的是,一颗老鼠屎都能坏一锅汤,何况香港本地股里几乎一堆老鼠屎。投资者会抱着宁可错杀一千,不可放过一个的态度对待其他上市公司,以致整个香港股市的估值都被老千这个沉重的包袱拖低到全球最低的水平。   可笑的是,香港监管层以此为荣。殊不知:   高估值是对成长与全力创新的奖励,是荣耀;   低估值是对衰落与固步自封的惩罚,是耻辱。   在这里,香港监管层对“制度”的迷信、依赖和不作为,体现得淋漓尽致。这事,搁在制度严密、与时俱进的美国,也许会拖上几个月,但一准也解决了。搁在制度疏漏,但对保护中小投资者不遗余力的大陆,也一早解决了。   唯独香港,这么多年,就是解决不了。抱着殖民地时期英国人遗留下来的那套老朽的规章制度,从没人质疑哪里有问题?哪里需要修改?穿着西装,喝着红酒,拿着高薪,出入IFC与长江中心。中小股民关我何事?没有赚钱效应,关我何事?估值低,又关我何事?   其实一招就可以彻底解决这个问题:行,你不是要供股集资吗?行,你爱供多少供多少,但,价格不允许折扣!市价供股。   很多有节操,自觉与老千划清界限的中资公司就是自觉这么干的:1月25日,泛海集团香港旗舰中泛控股(715.HK)宣布二供一,供股价无折扣。   遗憾的是,这种节操,在香港得不到任何奖励。   四、   这就是香港市场特有的“老千文化”:对于不小心踩中的老千股,是割了痛,不割更痛。无独有偶,我们再回过头再看看香港另一种与之极其类似,也是枝繁叶茂的垃圾文化:“绑票”。   哪里都有富人,香港当然也有,如李嘉诚、郭氏三兄弟、李兆基、郑裕彤、何鸿�等等。问题在于:在其他地方极其罕见的大富豪遭绑架事件,在香港则如同日常连续剧一样频繁上演。   最讽刺的是:绑票与出千,几乎一回事。   前面说了,对于不小心踩中的老千股,是割了痛,不割更痛。对于不小心遇上的绑架,亦是如此,咬牙不给赎金吧,怕绑匪撕票(就像老千股供股,割了就等于兑现了浮亏);忍痛给赎金吧,怕绑匪一而再再而三的勒索怎么办(就像老千股不断供股合股再供股,没完没了),更怕给了赎金也换不回人的(就像老千股直接低价私有化,死不见尸了)。   最贴切的案例莫过于香港华懋集团小甜甜龚如心的老公王德辉了,他先后被绑架了两次。第一次,1983年4月,盗亦有道,支付了1000万美元赎金之后,人被放了回来;第二次,6年后,1990年4月,就没那么幸运了,在支付了6000万美元赎金之后,人还是没回来,据说惨遭撕票,但生不见人,死不见尸。   除了王德辉,另一个著名的绑架对象就是首富李嘉诚的儿子李泽钜。1996年5月,世纪绑匪张子强绑架香港第一富豪李嘉诚的长子李泽钜,勒索港币10亿3千8百万元,张子强分得4亿3千8百万。记得李泽钜的绑架案有两个小细节让人印象非常深刻,一是当时李嘉诚坚决不打算报警,二是当时张子强是光明正大的只身前往李嘉诚宅邸面议赎金的。   嚣张吧?猖狂吧?   根据李嘉诚的亲述,因为当时的他对香港的警察和司法制度都毫无信心。还记得此前张子强抢劫运钞车被无罪释放吗?1991年7月12日,抢劫启德机场装甲运钞车1亿6000万港元,张子强后来被捕。但法庭以证据不足为理由,将他无罪释放,香港警察局竟然还反过头来赔了他800万港币。受到鼓励的张子强愈发上瘾,1997年9月,绑架香港第二富豪郭炳湘,勒索港币6亿元,张子强独得3亿元。1997年10月,再接再厉,又策划绑架澳门第一富豪何鸿�,因被警方识破而未遂。   整个逻辑非常清晰:绑匪的猖狂、被绑者的“懦弱”,本质上都是拜警方的不作为和香港司法制度的漏洞所赐。   知道这事最后怎么解决的吗?得意忘形的张子强去了大陆潇洒。然后,这事就解决了。   张子强最大的错误是:他离开了香港这个“制度完善”的“绑票”乐土,去了大陆。   五、   异曲同工的 “老千文化”与“绑票文化”如同一对畸形双胞胎,能同时在香港生根发芽,枝繁叶茂,只说明了一件事:香港貌似先进完善的制度,徒有其表而已,一戳就破。   制度的背后,是人。   当今的香港,没有人愿意站出来担当,没有人愿意作为。   人不作为,制度就是画地为牢的囚笼和枷锁。   谨以此文,送香港诸君。但愿我是杞人忧天,希望香港明天更美好! 进入【新浪财经股吧】讨论相关的主题文章:

全国钢材出口量大幅下降 会计看片援救上司

Production rebound, export decline, steel price or concussion down Sina fund exposure platform: letter Phi lag false propaganda, performance is lower than the same product for a long time, buy fund by pit how to do? Click on [I want to complain], Sina help you expose them! Reporter Guan Ping – August domestic steel exports rebounded sharply in August, focus on steel enterprises crude steel production rebounded, the stock market rose for eight weeks, the market supply pressure increase. Analysts pointed out that the short-term domestic steel prices or face downward pressure shock. In September 13th, the rebar futures contract price fell more than 2%. The steel spot trading platform to the west of the Shinkansen comprehensive inventory monitoring data show that the 9 9 April Shanghai steel inventory amounted to 21.75 million tons, compared with last week to increase 0.35 million tons; wire 6.3 million tons, compared with last weekend to reduce 0.3 million tons; half 7.1 million tons, compared with the increase of 0.4 million tons last weekend. Data show that last week, the country’s 35 major markets rebar inventory was 4 million 457 thousand tons, an increase of 101 thousand tons, an increase of 2.32%; wire stocks 1 million 193 thousand tons, an increase of 55 thousand tons, an increase of 4.83%. And from the national wire rod, rebar, hot-rolled coil, cold-rolled coil, medium and heavy plate inventory of five varieties, the national total inventory of 9 million 670 thousand tons, an increase of 143 thousand tons compared with last Friday, an increase of 1.5%. Qiu Yuecheng, a senior researcher at West Ben Shinkansen, said that the stock market in the country has risen for eighth consecutive weeks, and the current inventory level is still down by 8.02% over the same period last year. Terminal demand and performance of weaker steel exports decline, is the main cause of the recent domestic steel inventories continued to rise. The domestic steel market stock still rises after entering the traditional consumption season, and the market confidence will strike a certain blow. According to the China Steel Association data, in August, the average daily output of crude steel accumulated by the major steel enterprises was 1 million 698 thousand and 700 tons, an increase of 28 thousand and 100 tons compared with July, an increase of 1.68%. In August, China’s steel exports amounted to 9 million 10 thousand tons, a decrease of 1 million 290 thousand tons compared with July, a decrease of 12.52%; in August, China’s steel imports amounted to 1 million 110 thousand tons, 20 thousand tons less than in July, a decrease of 1.8%. Net exports of steel in August amounted to 7 million 900 thousand tons, equivalent to net exports of crude steel about 8 million 230 thousand tons, compared with July net exports of crude steel decreased by 1 million 320 thousand tons. The crude steel supply to the domestic market in August was increased by 2 million 190 thousand tons in July compared with the crude steel output in August and the net export of crude steel in china. Production has risen, exports have declined, domestic market resources have increased, resulting in a continuous increase in the domestic steel market inventory, the market supply pressure has increased. In September 11th, the leading steel mills in East China issued the price policy in mid September, which was largely down regulated. The Shagang rebar prices down 80 yuan per ton, wire rod, plate prices unchanged, and the complete plan make up 70 yuan tons of steel. Qiu Yuecheng said, this is the first time since June 11th by Shagang steel prices, with the market price and the price range of upside down steel mills intensifies, contract theory

产量回升出口下降钢价或震荡下行 新浪基金曝光台:信披滞后虚假宣传,业绩长期低于同类产品,买基金被坑怎么办?点击【我要投诉】,新浪帮你曝光他们!   □本报记者 官平   8月国内钢材出口大幅回升,重点钢企8月粗钢产量回升,全国市场库存连升八周,市场供应压力加大。分析人士指出,短期国内钢价或面临震荡下行的压力。9月13日,螺纹钢期货主力合约价格跌逾2%。   钢铁现货交易平台西本新干线综合库存监测数据显示,9月9日沪市螺纹钢库存总量为21.75万吨,较上周末增加0.35万吨;线材6.3万吨,较上周末减少0.3万吨;盘螺7.1万吨,较上周末增加0.4万吨。   数据显示,上周全国35个主要市场螺纹钢库存量为445.7万吨,增加10.1万吨,增幅为2.32%;线材库存量为119.3万吨,增加5.5万吨,增幅为4.83%。而从全国线材、螺纹钢、热轧板卷、冷轧板卷、中厚板五大品种库存总量来看,全国综合库存总量为967万吨,较上周五增加14.3万吨,增幅为1.5%。   西本新干线高级研究员邱跃成表示,全国钢材市场库存连续第八周上升,目前的库存水平较去年同期仍下降8.02%。终端需求表现趋弱,以及钢材出口量下降,是导致近期国内钢材库存量持续攀升的主要原因。国内钢材市场库存在进入传统消费旺季后依然上升,对市场信心将形成一定打击。   据中钢协数据,8月份重点钢铁企业累计粗钢日均产量为169.87万吨,较7月份增加2.81万吨,增幅1.68%。而8月份我国钢材出口量为901万吨,较7月份减少129万吨,降幅12.52%;8月份我国钢材进口量为111万吨,较7月份减少2万吨,降幅1.8%。8月份我国净出口钢材量为790万吨,折合粗钢净出口量约823万吨,较7月份粗钢净出口量减少132万吨。   以8月份重点钢企粗钢产量和全国粗钢净出口数据测算,8月份投放国内市场的粗钢供应量较7月份增加了219万吨。产量回升出口下降,国内市场资源供应增多,导致国内钢材市场库存连续增加,市场供应压力有所加大。   9月11日,华东地区主导钢厂出台9月中旬价格政策,整体以大幅下调为主。其中沙钢对螺纹钢出厂价格下调80元 吨,线材、盘螺出厂价格不变,并对上期完成计划部分螺纹钢追补70元 吨。   邱跃成表示,这是沙钢自6月11日以来首次下调螺纹钢出厂价格,显示随着市场价格与钢厂价格倒挂幅度的加剧,钢厂合同组织开始遇到压力,钢厂对后市信心也有所动摇。   邱跃成指出,8月份重点钢企粗钢产量回升,全国钢材出口量大幅下降,钢厂投放国内市场资源增多,导致全国钢材市场库存持续攀升,供应压力加大。而华东地区主导钢厂大幅下调出厂价格,唐山钢坯价格明显下跌,对市场走势也形成一定的利空影响。预计短期国内钢价或将面临震荡下调的压力。 进入【新浪财经股吧】讨论相关的主题文章:

只是节奏上有所放缓 娃娃亲by珞雨

Societe Generale Securities: A shares will be weak rebound sideways after Sina financial panic vent layout Level2:A shares of sina finance client: the most extreme Kanpan profitable investors are looking at with industrial strategy team: overseas market weak rebound too horrible to look at during the Spring Festival — the way sideways, the core reason is that the global risk assets in a downward cycle of PE and EPS a double turn, is fed to the doves and supply side contraction brought about a rebound in oil prices, in the middle of the year. (1) full paixao pigeon takes time. Although the federal funds futures market suggests that the fed to raise interest rates during the year (March 2% probability of low probability of rate hikes, December is only 29.9%), but Yellen in the semi annual monetary policy statement is not dovish testimony. Therefore, the current Fed policy is still in accordance with the gradual hike path type deduction, only the rhythm slowed down before the monetary tightening is not expected to reverse, the pressure of global risk assets will continue. We determine the future of a quarter of weaker than expected data will eventually allow the fed to completely reverse the tightening of monetary policy in the years before and after the pace, and even turn to a new round of easing. (2) low oil prices have brought about many shocks. The OPEC meeting in June this year may be the key point to reverse the decline in oil prices. First, low oil prices and global aggregate demand directly lead to oil dollar sharply, especially for the economy to Middle East crude oil exports to bring huge trade surplus, equivalent to a sharp contraction of liquidity. Secondly, low oil prices lead to bankruptcy trading companies and a large number of bank bad debts, the European stock market slump and European banks will be more loan asset allocation in the exploitation of oil and gas and related industries and commodities prices have a great relationship. Third, the downturn in oil prices led to the bankruptcy risk of the backbone enterprises in Brazil, Russia and other resource countries, thereby enhancing the probability of regional financial crisis. The key of the late oil price rebound is when the excess capacity is cleared, and the OPEC meeting in June this year, whether countries can shelve differences and limit production value. Weak dollar releases RMB depreciation pressure, the main contradiction of market return to reform and fundamentals. (1) the dollar index dropped significantly, the offshore renminbi dollar fell to 6.50, a short-term capital outflow pressure is expected to weaken, on the other hand, given the central bank monetary policy China interim more operating space, worry about pre cut interest rates drop quasi devaluation pressure intensified concerns weakened. (2) before the outbreak of the major banks notes as well as the Spring Festival disturbance, leading to a surge in interest rate instruments has come to an end, and the post peak bill discount rate is lower than the February 1st dropped to about 3.7% 60bp. (3) according to the investigation and estimation of some commercial banks, the credit was close to 2 trillion in January. Therefore, if the A shares plummeted in January largely due to domestic liquidity pessimism, then at least in the short term the impact has been released relatively well and even excessive reaction, the market will influence the core variables later evolved from liquidity caused by the supply side reform fundamentals expected. Beware of the primary task of the "war of annihilation" of "supply side structural reform" – to resolve excess capacity and eliminate zombie Enterprises

兴业证券:A股将以横盘方式弱反弹 恐慌宣泄之后再布局 新浪财经Level2:A股极速看盘 新浪财经客户端:最赚钱的投资者都在用   兴业策略团队   展望:横盘方式演绎的弱反弹   ――春节期间海外市场惨不忍睹,核心原因在于全球风险资产处于PE和EPS双杀的下行周期,转机在于美联储全面走向鸽派和供给端收缩带来的油价反弹,大约在年中。(1)全面鸽派尚需时日。虽然联邦基金期货市场显示美联储年内加息概率低(3月加息概率2%,12月也仅为29.9%),但耶伦在半年度货币政策证词中的表态不够鸽派。因此,目前美联储的政策仍按照渐进式的加息路径演绎,只是节奏上有所放缓,在货币收紧这一预期未扭转之前,对于全球风险资产的承压仍将延续。我们判断未来一个季度弱于预期的数据会最终使得美联储在年中前后彻底扭转货币政策收紧的步伐,甚至转向新一轮的宽松。(2)低油价带来多方面冲击,今年6月的OPEC例会可能成为扭转油价颓势的关键时间点。第一,油价低迷和全球总需求疲软直接导致石油美元规模的大幅萎缩,尤其是对于中东等以原油出口带来巨额贸易顺差的经济体,相当于流动性的剧烈紧缩。第二,低油价导致交易公司破产以及大量的银行坏账,本轮欧洲股市的暴跌与欧洲银行较多地将贷款资产配置于油气开采和与大宗价格有关的行业领域有很大的关系。第三,油价低迷导致巴西、俄罗斯等资源国的支柱企业破产风险,进而提升区域性金融危机的概率。后期油价反弹的关键在于过剩产能何时出清,以及今年6月OPEC例会各国能否搁置分歧、限产保价。   ――弱美元释放人民币贬值压力,行情主要矛盾回归改革和基本面。(1)美元指数明显回落,美元兑离岸人民币回落至6.50,一方面短期资本流出压力有望减弱,另一方面,给予中国央行货币政策中期更大的操作空间,前期担心降息降准加剧贬值压力的顾虑有所减弱。(2)之前多家银行爆发的票据大案以及春节扰动,导致票据利率的飙升已告一段落,票据直贴和转帖利率较2月1日的峰值回落了60bp至3.7%左右。(3)根据对部分商业银行的调研估算,1月信贷投放接近2万亿。因此,如果说A股1月份的暴跌很大程度上源于对国内流动性的悲观预期,那么至少短期这一冲击已释放的相对充分甚至过度反应,后期影响行情的核心变量将由流动性演变为供给侧改革引发的基本面预期。需要当心“供给侧结构性改革”的“歼灭战”的首要任务――化解过剩产能、淘汰僵尸企业所付出的“阵痛”,将导致信用风险、破产风险和失业压力上升,可以跟踪信用利差,当前处于历史低位的信用利差显然是不正常的,信用债市场的风险远未释放充分。   ――2月份行情的节奏仍按《血战长津湖》的节奏,最终大概率演绎成一段横盘式的弱反弹。如果把1月中旬到3月份两会之前这段时间的行情比作血战长津湖,在1月中下旬遭遇极端寒流,导致战局惨烈过后,2月份是一个喘息期,预计春节后首个交易日低开后,指数仍有望演绎修复性的反弹,但空间和时间相对有限,且反弹过程攻防转换的波折较多,并最终很可能演绎成一段横盘式的弱反弹。(1)短期人民币和港币汇率趋于稳定,出幺蛾子的概率下降。(2)2月份上涨概率较大。一方面,指数连续暴跌的可能性小。自我国实行涨跌停板制度以来,以上证综指为例,此前共出现过四次月跌幅超过20%的情况,而次月均录得正收益。另一方面,上证综指过去25年中仅有6次在2月份录得负收益,平均涨幅3.28%。(3)两会前对于改革的预期会重新升温,即便是老调重弹也有助市场情绪回稳。反弹过程多波折,并最终演绎成一段横盘式的弱反弹的原因包括:(1)散户主导的市场注重技术分析,前期的成交密集区易成为后期反弹的阻力区。(3)去产能对于经济的冲击影响风险偏好、海外市场高波动率的风险阶段。   ――中期而言,我们重申慎行2016,打好歼灭战的观点,2月份的反弹只是市场阶段性风险释放过后的一段喘息期,从未来3-6个月的维度来看,仍需要提防风险溢价上升的趋势。投资者需要对于A股行情在低位徘徊、去伪存真、化解泡沫、夯实基础,多一份理性和理解,休整是为了更好地远行。2016年行情,需要充分衡量风险收益比, 主动择时,仓位灵活,方能获得超额收益。风险溢价上升的中期趋势下,再考虑到A股市场2016年的四个特征:泡沫市、波动市、结构市、扩容市,经历连续数年投资回报的“大年”之后, 2016年大概率是个“小年”,切忌盲目乐观、盲目追涨杀跌,打好歼灭战其实是立足于打好“小心被歼灭”战。   投资策略:交易性选手博弈的窗口期   ――2月份反弹行情的时间和空间都很弱,因此,操作策略立足“斯诺克打法”进行防守反击,在市场恐慌宣泄之后再布局,多在“人少的地方”淘淘金,精选风险收益匹配度高的机会。(1)交易型选手的两种打法:博弈最强的和最弱个股:第一,选择流动性好、跌幅乖离率大、波动率下降的超跌股博弈反弹。第二,博弈资源股为代表的周期股,短期有政策催化剂和产品价格反弹的契机,机构配置低、流动性好,前期逆势抗跌。(2)公募基金为代表的机构投资者:第一,利用反弹调整持仓结构,牛市重势,熊市重质。第二,围绕自身的重仓股做波段。(3)对于保险为代表的资金量偏大且考核绝对收益的投资者,策略的核心不在于逆势博弈反弹,而是在控制权益仓位的前提下,大浪淘沙,配置内生增长较快、且现金流好的企业,全年仍有望获得绝对收益。   具体投资机会上,可围绕兴业年度策略《打好歼灭战》中,基于“立新+破旧”思路,优选的四大投资领域,尤其是围绕一些已深入研究且风险收益匹配度较好的标的股票进行波段操作。   政策主导型机会――(1)避险情绪推动黄金价格上涨,铅、锌、锡等金属也表现不俗。(2)朝鲜半岛局势恶化,军工股躁动的催化剂出现。(3)国内商品期货持续反弹,“两会”前后供给侧改革、过剩产能化解、国企改革的政策落实将增多,叠加季节性补库存。(4)“人少的地方”,机构严重低配,最不济也有相对收益,另外转型壳资源存在博弈价值。   现代服务业――立足人口结构转变,迎接消费升级新时代,今年春节档初一到初六电影合计票房达30亿元,影视传媒板块有望再度活跃。此外,医疗保健、教育、体育、文化等行业前景光明,结合大股东维护股价的意愿和能力优选个股做波段。   “新股”相关机会――新股、次新股。   格外小心地博弈“科技股”跌深反弹――高估值成长股的“去泡沫”之路可能还要很长,但是,阶段性“多杀多”杀跌动能充分释放之后,可以结合后续行业是否有更新更炫的发展前景以及大股东是否有能力和意愿积极维护股价,从而精选个股做交易。   春节期间,全球市场表现出明显的避险情绪:1)主要风险资产全球主要股指表现疲弱,几乎所有股指均在春节期间收跌,表现最差的日本股市一周大跌了11%。2)发达国家10年期国债收益率绝大多数下行;3)美元指数回落1%,资金流向避险货币日元和欧元等,离岸人民币升值0.9%;4)大宗商品中黄金和白银价格都出现了大幅上涨,黄金价格创7年最大单周涨幅,原油、铜、铝等原材料收跌。 新浪声明:新浪网登载此文出于传递更多信息之目的,并不意味着赞同其观点或证实其描述。文章内容仅供参考,不构成投资建议。投资者据此操作,风险自担。 进入【新浪财经股吧】讨论相关的主题文章: