Pandemic meets craft Hairdressers suffer – bicycle workshops cheer

Status: 11.06.2021 2:38 p.m.

The German trade clearly felt the consequences of the pandemic at the beginning of the year. Most of the sales fell. But there were also a few bright spots. The corona crisis has left deep marks on German craftsmanship. Some areas suffered particularly badly at the beginning of the year, while others bucked the trend and even posted gains. According to calculations by the Federal Statistical Office, sales in the craft sector fell from January to March by 7.5 percent compared to the same period of the previous year. That was the first time in eight years that the industry, which had been spoiled for success for a long time, posted declines. The weak development was accompanied by fewer staff. The number of employees in the skilled trades that required a license fell by 1.7 percent by the end of March.

The comparative period was hardly affected by the crisis

It should be noted that restrictions due to the corona pandemic did not begin until the end of the first quarter of 2020 and the results of the beginning of 2020 were hardly affected, the statisticians explained. There is thus a typical case of a so-called base effect. A high baseline makes declines more likely at a later point in time.

Lockdown slows demand

Crafts for private use were particularly hard hit. Here the minus was 23 percent. In this area, the hairdressing businesses marked the highest decline with minus 37 percent.

Not enough material

In construction, too, with a decline of almost 16 percent, things did not go well. “Companies have to register short-time working when the order books are full because they have no material,” the President of the Central Association of German Crafts (ZDH), Hans Peter Wollseifer, had only recently warned. The Prices for wood and other building materials have risen sharply on the world market, partly because of the great demand from China and the USA. While the food industry complained about a decline of almost ten percent, the business in confectioneries collapsed by 21 percent.

The bicycle boom drives business

The ongoing bicycle boom apparently brought the two-wheel mechanics significantly more repairs. These branches of industry achieved almost 27 percent more sales than a year ago. In addition, only roller shutter technicians and dental technicians recorded an increase in sales.

On May 19, there were media reports that Huawei was trying to acquire the electric vehicle division of local automakers, including seeking to control the electric vehicle brand of BAIC Blue Valley New Energy Technology-Arcfox ARCFOX. And just the day before, Huawei just announced new personnel adjustments and appointed Yu Chengdong as the CEO of BU, a smart car solution. Therefore, as soon as the news of Huawei’s stake in BAIC Jihu came out, the outside world was speculating whether this was the first “fire” after Yu Chengdong took office. However, Huawei quickly refuted the rumors and said there was no such incident. On May 24, Huawei issued a “Statement on Huawei Not Building Cars” (hereinafter referred to as the “Statement”) stating, “The company spokesperson has repeatedly clarified the false rumors about Huawei building cars. Today, we To reiterate: Huawei does not build cars. This long-term strategy has been made clear in 2018, and nothing has changed.” Data source: Dongcai Choice, China Automobile Association, IDC Yang Jing drawing Huawei quickly refutes rumors Huawei stated in the “Statement”: “We believe that what the industry needs is not Huawei branded cars, but Huawei’s accumulated ICT technology capabilities for more than 30 years to help car companies build future-oriented cars, that is, to provide car companies with Intelligent networked auto parts based on Huawei’s ICT capabilities.” In fact, Huawei has repeatedly stated its position in public on the issue of “Huawei does not build cars.” At the Huawei 2020 performance conference on March 31 this year, Hu Hou, then Huawei’s rotating chairman, said in response to a reporter’s question that Huawei is positioned as a supplier of smart auto parts in the Internet of Vehicles, car cloud, smart driving and other fields. To make competitive products, the goal is to help auto companies “build good” cars and build “good cars.” Subsequently, at the Huawei Global Analyst Conference on April 12, Huawei’s rotating chairman Xu Zhijun reiterated that “Huawei does not build cars.” He said frankly that Huawei had talked with many large automakers in Japan, Germany, and China before, and found that what they needed was not a Huawei brand car, but Huawei’s ICT software capabilities, which could help them build and sell good cars. At that time, Xu Zhijun revealed that Huawei had selected three car companies, BAIC, Changan and Guangzhou Automobile, as strategic partners to support them in building their respective sub-brands. Cars that use Huawei’s autonomous driving solution can only use the HI logo with Huawei’s authorization, which represents Huawei Inside. In terms of car sales, Huawei chose to cooperate with Jinconcelis, a subsidiary of Chongqing Xiaokang Group. Huawei stated in the “Statement” that in this cooperation, Huawei has become a supplier of electric components for Cyrus SF5 and HiCar cockpit components. At the same time, in order to solve the problem of survival of Huawei authorized mobile phone retail stores in the case of a significant reduction in Huawei mobile phones, Huawei is supporting some retail stores to sell this car, and retail stores can obtain corresponding revenue. Xu Zhijun said bluntly that the automobile industry is one of the most disruptive industries in the next decade, and it is also the business that Huawei currently values ​​most. “There are 30 million vehicles in China each year, and there will be more in the future. Even if we only do the Chinese market, it is enough to get an average income of 10,000 yuan from each vehicle each year. Therefore, after media reports on May 19 that Huawei was trying to acquire the electric vehicle division of a local automaker, including seeking to control the electric vehicle brand of BAIC Blue Valley New Energy Technology-Arcfox ARCFOX, Huawei quickly refuted the rumors, saying that there was no such thing. thing. Huawei’s auto concept stocks fell across the board After Xu Zhijun announced that Huawei would cooperate with BAIC, Changan and GAC, the stock prices of BAIC Blue Valley, Changan Automobile and GAC Group rose sharply. Among them, the cooperation between Huawei and BAIC was the first to be exposed. On April 6, the official Weibo of Huawei Smart Car Solutions released a dynamic, showing that Huawei and Jihu Automobile will release a new generation of smart luxury pure electric cars on April 17th-Alpha S, the official Weibo of Jihu Automobile Simultaneously published an article called “See you in Shanghai. It is understood that the Polar Fox Alpha S Huawei HI version is the first luxury smart electric car with the HI logo. It has the highest level of Huawei’s automatic driving level. It is equipped with a super central supercomputing ADCSC, 3 lidars and many sensors. On the second day (April 18) that Huawei cooperated with BAIC to launch the Alpha S Huawei HI version, Huawei released the “Octopus” autonomous driving platform and other car and machine products. On April 21, Huawei further announced its participation in the downstream sales of Cyrus. Cyrus Huawei Smart Selection SF5 will be stationed in the Huawei Mall and the Cyrus Experience Center. In addition, on April 23, Cyrus announced that Huawei’s smart selection SF5 has been sold for two days and orders have exceeded 3,000 units. Huawei’s intensive actions in the field of smart cars have almost led the hot spots of the entire automotive industry during this period. With the blessing of Huawei Automotive Concept, the stock prices of BAIC Blue Valley, Changan Automobile, Guangzhou Automobile Group, and Xiaokang have soared. At that time, there were rumors that Huawei might participate in BAIC Blue Valley or Xiaokang shares in the future. The capital market has been enthusiastic. Up to now, the share prices of BAIC Blue Valley and Xiaokang shares have doubled compared with the beginning of April. On May 24, Huawei’s “Statement” broke the speculation of the outside world. Emphasize that Huawei has not invested in any car companies so far. In the future, it will not invest in any auto companies, nor will it hold or participate in shares. Huawei said that all future talks about Huawei building cars or participating in the auto manufacturing industry are rumours and should not be trusted. As soon as this “Statement” came out, the “Huawei Auto” concept stocks fell across the board, and the decline further expanded in the afternoon. As of the close of May 24, BAIC Blue Valley and Changan Automobile have dropped their limits, while GAC Group and Dongfeng Motor have fallen by more than 4%. Daily economic news

In Taiwan, lychees seem to be quite a luxury. According to the share of a Vietnamese girl, in the supermarket, litchi is sold in small bunches, even the fruit is very small and green. Not only attracting attention by appearance and quality, bunches of fabric sold in supermarkets in Taiwan make everyone surprised by the price. According to what is shared, a bunch of cloth sold at a Taiwanese supermarket is equivalent to 139,000 Vietnamese Dong. Meanwhile, if in Vietnam, the amount of 139,000 VND can buy a bunch of red ripe litchi, up to 4-5kg. It is not clear where this cluster of litchi was grown in Taiwan or where, but it immediately made many Vietnamese people admire. “Can you still eat green cloth?” or “I’ll give you a bunch of red ripe lychees here. That price can buy you nearly a dozen pounds” are the comments that netizens left under the clip showing off the lychee sold in a Taiwanese supermarket. Previously, lychee fruit sold in Japan at a relatively high price also received the attention of many netizens. Vietnamese lychees are priced at expensive “noble” fruits in Japanese supermarkets. The cheapest Japanese supermarket lychee is about 80,000 VND/10 fruit, depending on the area. According to the share of Vietnamese international students in Japan, even if they want to cry, they do not dare to buy lychees because the price is too expensive. Red, sweet and fragrant Luc Ngan lychee is a favorite dish of many women, now it has been brought to a foreign country, but everyone has to turn around because the price is too expensive. Invite readers to watch the video: Looking at the small and green bunch of cloth sold in a Taiwanese supermarket, everyone is surprised at the price – Source: TikTok

Company location Less bankruptcies instead of bankruptcies

Status: 10.06.2021 11:38 a.m.

The number of companies filing for bankruptcy in Germany fell in the first few months of the year. Other numbers also indicate no bankruptcy wave so far. But there were significantly more consumer bankruptcies. In the current year, the wave of bankruptcies feared as a result of the corona crisis has not materialized in Germany so far. From January to March, 3762 companies filed for bankruptcy, as the Federal Statistical Office announced. That meant a decrease of 19.7 percent compared to the first quarter of the previous year. “The economic hardship of many companies due to the Corona crisis was therefore not yet reflected in an increase in the number of reported corporate insolvencies,” explained the statisticians. The number of regular insolvency proceedings opened gives indications of further developments. In May, this was seven percent below the value of the previous month. In April there was even a decline of 17 percent after significant growth rates had been registered in February and March.

Effect of the Corona exception rules

One reason for the low number of company bankruptcies in the current year is the obligation to file for insolvency, which was temporarily suspended during the Corona crisis, for insolvent and over-indebted companies. Insolvent companies have had to file for bankruptcy again since October 2020. This obligation was suspended until the end of December for over-indebted companies. For companies that have been waiting for the payment of the government aid that has been planned since November, the obligation to apply for insolvency proceedings since May 1, 2021 applies again in full in the event of an imbalance. On average, the companies affected by insolvency in the first quarter were larger than in the same period of the previous year. At 17.1 billion euros, the expected claims of the creditors were well above the figure for the same period in the previous year of 7.3 billion euros.

Consumer bankruptcies have risen sharply

The number of consumer bankruptcies developed differently than with companies. This rose in the first quarter by more than half compared to the same period of the previous year to 22,686. “The sharp increase is related to a law to gradually shorten residual debt discharge procedures from six to three years,” explained the Federal Statistical Office. The new regulation enables those affected to make a quicker economic fresh start after insolvency proceedings. “It can therefore be assumed that many over-indebted private individuals initially withheld their application for bankruptcy in order to benefit from the new regulation,” it said.

Production drops slightly A lack of material slows down industry

As of: June 8th, 2021 12:32 p.m.

It sounds paradoxical: the order books are full, but production in German industry fell in April. The main reason is the supply bottlenecks for intermediate products such as semiconductors or lumber. In April, industrial production in the German economy fell by one percent compared to March, according to the Federal Ministry of Economics. That is significantly worse than experts had forecast, after a plus of 2.2 percent had been recorded in the previous month. The reason for the decline is the lack of intermediate products such as, which has been widely discussed for a long time Semiconductors or Lumber , which the companies from industry, construction and troubles the energy suppliers.

“A slight disappointment”

The sectors are affected differently by this development. Industrial emissions fell by 0.7 percent. The construction industry recorded a significant minus of 4.3 percent. Energy generation, on the other hand, increased by six percent compared to the previous month. Within the industry, the weighty area of ​​motor vehicles / motor vehicle parts recorded a significant decline of 5.6 percent in a two-month comparison, according to the press release. The comparably weighty mechanical engineering sector, on the other hand, was only slightly below the previous level at minus 0.3 percent. “In view of the high order backlog, that is a slight disappointment,” commented LBBW economist Jens-Oliver Niklasch on the current economic data. This is also how his colleague Alexander Krüger from Bankhaus Lampe sees it: “It is paradoxical: Despite the magnificent order situation, production is not getting underway. Once again it is clear that the industry is still affected by indirect pandemic pressure. Longer delivery times and material bottlenecks are actually signs a boom that is currently not at all. ”

“Material shortage has a full impact”

Thomas Gitzel, chief economist at VP Bank, is of the opinion that the shortage of materials is now having an impact: “Such a constellation is unparalleled. The industry’s order books are well filled and production is giving way.” Nils Jannsen, Head of Business for Germany at the Kiel Institute for the World Economy (IfW Kiel), also sees the delivery bottlenecks as a major problem, as the companies have not been able to fully process the high incoming orders for several months. “In April, the proportion of companies in the manufacturing sector that reported production disruptions due to a lack of preliminary work was at a record level of more than 40 percent,” said the expert. In addition to the shortage of manufactured intermediate goods, Jannsen also observes transport bottlenecks in shipping. For Andreas Scheuerle, an expert at Dekabank, another aspect is also effective: “Delivery bottlenecks certainly hampered production in April. But they alone do not explain the lower industrial production. Another part of the picture is that the infection situation in Germany is continuing tightened the easing of March again. ”

Production expectations are falling

How could it go on in the future? Apparently, there is a certain skepticism among companies: The production expectations of the industry deteriorated in May after a 30-year high had only been reached in the previous month. The corresponding ifo indicator fell by five to 27 points, as the Ifo Institute announced in its monthly survey of companies. “The picture of production expectations in the individual sectors is very different,” said Ifo expert Klaus Wohlrabe. “The auto industry and its suppliers are significantly lowering their expectations, but continue to expect production increases.” The clothing manufacturers, on the other hand, report for the first time after nine months that they want to expand their production. “Additional boost” The economist Scheuerle emphasizes that the order cushion increased again in April, because orders would develop more strongly than production: “This record high order backlog will secure the recovery in the second half of the year as soon as the bottlenecks ease again.” According to ifw specialist Jannsen, it is currently difficult to predict how long the production disruptions will continue. They would presumably only fade gradually and initially put a brake on the recovery in industry. “As soon as these impairments have been overcome, companies will work off the backlog of orders quickly and industrial production will receive an additional boost.”

The Financial Associated Press reported on June 15, Wind data showed that Northbound funds sold a net 5.154 billion yuan throughout the day, of which 5.608 billion yuan was sold for Shanghai Stock Connect and 454 million yuan was bought for Shenzhen Stock Connect.

News on June 15th, the three major indexes opened with mixed changes, and sharply fell after the opening. The index and the Shanghai stock index expanded to 1% successively. The Shanghai Composite Index fell below the bottom of the box, and the ChiNext index was on the 5th and 10th. The moving average was supported, and the Science and Technology 50 Index bucked the trend and rose. In terms of the sector, Huawei Hongmeng concept stocks, which have risen sharply for three consecutive days, opened a callback, the virtual reality sector continued to strengthen, and the chip sector bucked the trend. In the afternoon, the index continued to fluctuate underwater. In terms of the sector, the capital reduction front focused on attacking the technology sector. The front row stocks of Hongmeng concept stocks continued to attack, and some funds returned to the liquor sector. Second-line liquor rebounded. Near the end, Hongmeng concept stocks plunged sharply. Generally speaking, the market sentiment is sluggish, individual stocks have fallen more and rose less, and the effect of making money is poor.

On the disk, the LED concept and the semiconductor sector have the largest gains, and the Hongmeng concept and the textile manufacturing sector have the largest declines.

Hot section:

1. Liquor concept

   The liquor sector fell sharply again on the 15th. As of press time, Yanghe shares (204.000, -7.28, -3.45%), Huangtai Liquor (33.600, 2.34, 7.49%) (rights protection), Luzhou Laojiao (249.860, -) 8.39, -3.25%) fell sharply, Shunxin Agriculture (44.900, -1.13, -2.45%), Yilite (30.900, 0.53, 1.75%), Mogao (8.230, -0.07, -0.84%), Wuliangye (299.260) , -2.31, -0.77%) followed the decline.

   Huaan Securities (5.610, -0.18, -3.11%) pointed out that the price of the liquor sector was volatile and adjusted. On the one hand, the industry was affected by consumption tax concerns. On the other hand, the personnel adjustment of individual stocks Yanghe shares caused market concerns. It is not the first time that the worries about liquor consumption tax have appeared. We continue our previous view that the implementation of liquor consumption tax is less feasible, because the flow of liquor is complicated and diverse, and it is difficult for tax authorities to levy taxes at the end of the sales link. In terms of individual stocks, the chairman of Yanghe Co., Ltd. began to manage all company markets, including sales, worried that personnel adjustments would affect the company’s sales system and reform advancement. Yanghe’s personnel adjustments will not affect the overall development of Yanghe. The company’s overall development is healthy and orderly. Meng 6+ has strong growth and is expected to exceed 10 billion next year. Haitian will return to positive growth. The company’s incentive plan will most likely be implemented this year, driving the enthusiasm of the company’s sales and management personnel. Continue to recommend high-end liquor Mao Wulu, while recommending to pay attention to Shanxi Fenjiu (486.000, 15.75, 3.35%), Yanghe shares, and Shuijingfang (126.130, 3.88, 3.17%).

2. Semiconductor

The semiconductor sector rose sharply during intraday trading on the 15th. As of press time, National Technology (14.650, 2.44, 19.98%), Absen (9.330, 1.13, 13.78%), Espressif Technology (192.000, 21.86, 12.85%), Unimin Technology (9.020, 0.91, 11.22%), Chipeng Micro (90.460, 8.76, 10.72%), Hengxun Technology, etc. rose sharply, Rockchip (129.670, 11.79, 10.00%), Dike (50.550, 4.41, 9.56%) ) Follow up.

Driven by digital economy smart applications such as automobiles, servers, Internet of Things, and 5G, the semiconductor market is expected to enter a three-year-old super boom cycle since 2019. WSTS, IDC, etc. all predict that the global semiconductor market will exceed 500 billion U.S. dollars for the first time in 2021. According to the forecasts collected by SEMI, the average global semiconductor market will reach 570 billion U.S. dollars in 2022. According to ICInsights statistics, the revenue of the top 15 semiconductor companies in the world in 2021Q1 increased by 21% year-on-year. As the storage market enters a new round of upward cycle, Samsung’s revenue in the second quarter of 2021 is expected to surpass Intel to become the world’s number one.

News:

1. JPMorgan Chase released a global market strategy report stating that despite the recent decline in U.S. bond yields, this does not mean that market inflation expectations have cooled, and more likely to be driven by technical factors. JPMorgan Chase advises clients to firmly embrace “procyclical” transactions, and it is expected that “procyclical” transactions will benefit when the global economy reopens this summer.

2. Today, Powerland (100.610, 10.03, 11.07%) public account news: Powerland’s application server software has passed Kunpeng Validated certification. Powerland and Beijing Kunpeng Joint Innovation Center carried out in-depth full-stack optimization of Powerland’s application server software solution based on Kunpeng BoostKit, which increased the typical HTTPS access processing performance (TPS) by more than 38%, while obtaining highly reliable database access , High-performance clustered business deployment support, effectively promoting the safer, more stable and efficient operation of enterprise-level applications based on application server middleware deployment in Kunpeng environment in various industries, and fully tapping Kunpeng’s computing power.

3. According to Sinochem’s WeChat public account, on March 31, with the approval of the State Council, Sinochem Corporation and China National Chemical Corporation Limited implemented a joint reorganization. On May 8, China Sinochem Holdings Co., Ltd. was officially inaugurated and established. Recently, the joint office of the headquarters of the two chemical companies was officially launched.

   Outlook:

   Essence Securities pointed out that the main Shanghai Composite Index continued to trade sideways last week, while the ChiNext ushered in the fifth consecutive week of gains. After entering June, the yield of the domestic bond market has rebounded significantly, restricting the short-term performance of A-shares. The tight inter-bank funding at the end of June may also have a short-term impact on the market. At the same time, a historical review of the 5 major conferences or major celebrations in the past ten years shows that there may be short-term fluctuations in market risk appetite in the first 2-3 weeks of major events and the 2-3 weeks after the end. In the medium and long term, the fundamentals of A-shares in the interim report of this year and the second half of this year are likely to be better than market expectations. Under the background of the Fed’s significant dovishness and the completion of the domestic economic recovery, the domestic bond market yields have limited upward space, liquidity environment and risk appetite The overall factors are still favorable, and the profitability and growth of the company will become the core logic of the next stage of the market.

   Jufeng Investment Consulting believes that the PMI index has fallen for two consecutive months, indicating that the economic recovery has slowed down; the decline in social financial data and the slowdown in the issuance of public equity funds indicate that liquidity has tightened; the market has renewed its search for certainty. After the quarterly report, winemaking, brokerage, and coal have become the main lines leading the rise. After the Shanghai Composite Index rebounded to around 3,600 points, market divergence increased: brokerages, coal, and technology stocks (Huawei Auto, Hongmeng Concept) rebounded in a relay. On Tuesday, after the opening of the A-share market, the A-share market fluctuated and declined. The steel, nonferrous metals, insurance, and coal industries led the decline, and the market had a strong risk aversion. Recently, the A-share sector has been rotating frequently, showing a see-saw pattern overall. It is recommended that investors control their positions and pay attention to high-quality stocks with valuation advantages in the mid-term bargaining.

   Source: Sina Finance, Financial Association

Processing pork products at Vinh Anh Food Technology Joint Stock Company, Thuong Tin district (Hanoi). According to Anova Feed Joint Stock Company, on May 24, in the North, the price of live pigs in the whole region ranged from 64,000 to 71,000 VND/kg. In the central region, also recorded from 67,000 to 72,000 VND/kg. In the South, the transaction remained in the range of 67,000 – 69,000 VND/kg. A pig farm owner in Thanh Ba – Phu Tho said that the price of live pigs in the area tends to decrease, currently at about 69,000 VND/kg for grade 1 pigs. If pigs are raised by the people themselves, the price is only from 64,000 to 64,000 VND. 66,000 VND/kg and commented that hog prices may continue to go down due to the slow consumption situation due to the COVID-19 epidemic. While the price of live hog tends to decrease sharply, the price of meat on the market in Hanoi is still quite high. According to the owner of a pork shop in the market in Yen Hoa ward, Cau Giay, Hanoi, the price of delicious pork is currently ranging from 130,000 to 150,000 VND/kg. Specifically, the price of delicious ribs is 150,000 VND / kg, lean shoulder meat is from 140,000 -150,000 VND / kg, pork butt is 130,000 VND / kg, pork leg meat is 140,000 VND / kg… last month. At the supermarket, the price of pork has decreased but is still at a high level of 116,000 – 155,000 VND/kg, even young ribs are still at 200,000 VND/kg. Specifically, lean butt meat is 120,000 VND/kg, lean thigh is 142,000 VND/kg, shoulder lean is 155,000 VND/kg, lean ground is 149,000 VND/kg, shoulder is 116,000 VND/kg…

Ms. Be said that from the beginning of May until now, people in her hometown have begun to enter the days of squash harvest. “My hometown is Vu Thu, Thai Binh. The whole district cultivates this type of squash a lot. Most of them are Hai Duong solid green squash varieties with high yield. This type of squash has a lot of pulp, is fragrant, and has a beautiful fruit design. In addition to being grown in the traditional way, Vu Thu people also grow squash on top of a truss, or horizontal truss along a sturdy concrete column. This type of squash is very good this year, but due to the complicated situation of the Covid-19 epidemic, traders from other places cannot go back to their hometown to take pumpkins to sell in other provinces. As a result, the price of squash dropped dramatically. “Currently the squash is in the harvest season, but there are no traders coming to ask for it. The gardens are no longer crowded with buyers and sellers, but deserted. Last year, the average selling price of pumpkin was 10,000 VND/kg. However, this year, when people switched to planting squash with higher efficiency than rice, the price of zucchini was only 6,000 VND/kg. The price of squash has never been so cheap,” lamented Be. This small trader commented, the green squash at the beginning of the season is sweet, fragrant and guaranteed to be a clean food. To support the consumption, every two days, parents and family members will transfer to Ms. Be 1-2 kilos of squash for her to help sell in Hanoi, at the price of 6,000 VND/kg. If they can’t sell, people just cut back home and pile up to eat. The rest in the garden had to accept damage. After harvesting, the copper quality in the house, the price dropped dramatically Because her house can be transported for her family, she has such a good price. Therefore, I hope everyone will support to rescue squash for Vu Thu and Thai Binh people. “The fruit has come to harvest time, but there is no trader asking to buy it, so the squash is piled up, or people bring it to the market to sell. retail price of 2,000-5,000 VND/kg hoping to recover some of that capital, even though 1kg can’t buy a sandwich. Many families here are trying to contact, find sources of income or ask acquaintances in the city to sell online,” said Be. According to her, every 2 days she sells about 1 quintal of zucchini. “Because of the pandemic, people order online a lot. Those who buy less are 5kg, those who buy more are tens of kg to eat gradually. Compared to going to the market to buy toads, this price is too cheap.” People buy it, slice it, and dry it Can make delicious winter squash tea According to a survey of PV, at the toad markets and wholesale markets in Ha Dong and Thanh Xuan, Hanoi, the price of zucchini fluctuates at 7,000-10,000 VND/kg. In addition to zucchini, pumpkin also dropped in price to only about 5,000-6,000 VND/kg. Ms. Do Thi Thu, a housewife in Kien Hung, Ha Dong has just ordered 20kg of squash for 120,000 VND today. She revealed that she bought squash to cook bone soup to eat gradually and make stir-fried squash, stuffed squash with meat. In addition, taking advantage of when squash is cheap, she makes squash tea to lose weight and clear heat. “Making green squash tea is easy. Just use clean squash, then collect it, cut it, and dry it for use. Every year, I make squash tea to use all year round, drink it with peace of mind. It’s better than having to buy squash tea online for up to 200,000 VND/kg without knowing the origin,” noted Thu.

According to locals, if last year, at this time, the price of Australian mango was always at 40,000-50,000 VND/kg, this year, the price of Australian mangoes dropped sharply to only 10,000 VND/kg. Rescued Australian mangoes are on the market. (Screenshots) On the online market, many people are calling for the rescue of Australian mangoes. According to the survey, most sellers sell in sets of 3kg, 5kg or 10kg. Ms. N. Tram (HCMC) for sale on the Australian mango net market for 39,000 VND/3kg. She says: “ This year, due to the impact of the COVID-19 epidemic, the price of Australian mangoes dropped sharply. Unable to export, Australian mango must be consumed in the domestic market “. In Hanoi, Australian mango costs just over 10,000 VND/kg. (Screenshots) Not only in Ho Chi Minh City, Australian mangoes are also sold to the rescue on many online markets in Hanoi. A Facebook account for sale on the online marketplace: “ Export of Australian mango. Mango rescue corner. Translation can’t be exported, so I’m selling for the garden This small trader said that Australian mango exports are large (700-800g/fruit), round, beautifully designed, thick and juicy. The selling price is 99,000 VND/6kg. Calculated, each kg of red Australian mango. just over 16,000 VND. Ms. TL (Hoang Mai, Hanoi) shared: “ About a dozen days ago, I started selling Australian mangoes to rescue gardeners in Nha Trang. Because the epidemic could not be exported to China, farmers did not know where to put it. I sell in a set of 5kg (99,000 VND) “. Australian mangoes are large, round and weigh up to 1kg/fruit. (Photo: Facebook) According to Ms. TL, Australian mangoes are very regular and large. Because of the low price, many women also buy together to save money on shipping. One day, Ms. TL sold nearly 1 quintal of Australian mangoes. Just ordered 10kg of Australian mango, Lan Hoa (Nam Tu Liem, Hanoi) constantly compliments. She says: “ I ordered Australian mango yesterday on Facebook and this afternoon it was delivered to my house. Australian mangoes are large, uniform fruits, beautiful colors. When eaten sweet, ripe, mango flesh is firm “. The Australian mangoes are beautifully colored. (Photo: Facebook) Similarly, Ms. Trang (Ha Dong, Hanoi) also ordered 10kg of Australian mangoes for the whole family to eat gradually. She said: “ Every year, Australian mango has a high price of about 50,000 VND/kg. However, this year, Australian mangoes are only about 10,000 VND/kg. From now until the end of the season, I will order a few more times to support the farmers “.

Of course, he holds a huge fortune as the founder of Microsoft. But people also remember Gates as a man who drove his children to school, liked the movie Modern Family and wait in line for your favorite cheeseburger. Over the past two decades, the Gates couple’s philanthropy has raised their social influence to new heights. The Microsoft founder is considered a leading voice in overcoming humanity’s woes, from eradicating epidemics, improving education systems, fighting climate change and solutions to the Covid-19 pandemic. 19. Bill Gates is considered the leading voice in overcoming the woes of humanity. Photo: Bloomberg. Years of effort However, after Bill Gates and Melinda French Gates announced their divorce after 27 years of marriage, unfavorable information continued to appear. The media reported that Gates had an affair with employees at Microsoft and a humanitarian foundation named after the couple. In the divorce petition, Ms Melinda said their relationship was “irreparably broken”. And so is the reputation of the billionaire philanthropist. Gates was not always revered. During the heyday of the PC revolution, he was seen as cruel when he frequently scolded and insulted employees. The Microsoft co-founder is also accused of trying to cut the equity of Paul Allen – another co-founder – while Mr. Allen was undergoing cancer treatment in the early 1980s. Windows software is also seen as a mess of bugs and errors, leaving millions of users frustrated. One judge – who oversaw Microsoft’s trial of the monopoly – argued that Gates’ arrogance towards himself and the company was “rooted in undeserved power and success”. In the divorce petition, Ms Melinda said their relationship was “irreparably broken”. And so is the reputation of the philanthropic billionaire Bloomberg However, in the 2000s, the richest billionaire in the world at that time decided to end his story of “robbing bosses” (only American businessmen at the end of the IXX century, using shameless tricks. wholesale, no morals to get rich). And his huge fortune helps him to carry out the plan. Gates stepped down as CEO of Microsoft and turned his attention to the Bill and Melinda Gates Foundation. The Foundation donates more than $50 billion to fight malaria and AIDS, helping to increase childhood immunization rates. Less than 10 years after Microsoft’s antitrust trial, Gates was standing on Capitol Hill, advising lawmakers on America’s technological competitiveness and health initiatives. The Gates Foundation has provided support to vulnerable populations. However, they also bring incredible efficiency to the process of changing the image of the Microsoft founder. From “tech tycoon”, he became a savior. The media is also less strict with Gates. Instead, he often guest-stars on major publications and shares world-changing ideas. The image is ruined Gates’ power can influence discussions around important and controversial issues. After the latest scandals, NGOs and nonprofits may still receive money from him. However, if the billionaire founder of Microsoft is looking to start a cordial relationship with a female employee, the organization called Gates may no longer be an ideal supporter of women’s empowerment. Years ago, he was close to Jeffrey Epstein, even after the businessman pleaded guilty to soliciting prostitution of a minor. As a result, Gates is clearly not the right leader in the campaign against sex trafficking. A spokesman for Gates asserted that “rumors and speculations surrounding Gates’ divorce are becoming more and more absurd” and “claims about employee abuse are untrue.” This person said conversations between Gates and Epstein revolved around philanthropy. A Netflix documentary from 2019 even managed to get viewers “inside Bill’s brain”. The film came out just a month before Melinda began consulting with divorce attorneys. Inside Bill’s Brain documentary. Photo: Netflix. In the film, Gates is described as a passionate man, addicted to Diet Coke and constantly scratching his head trying to save the world. In retrospect, however, conflicting evidence – such as Gates’ habit of kicking his wife out of meetings – comes to light. Gates built an image as a philanthropist. But he remains a legend among co-founders, a unicorn CEO, a Silicon Valley statesman, even as many legends have passed away, disappeared, or fallen from their horses. He once criticized the arrogance of Facebook CEO Mark Zuckerberg and criticized Tesla CEO Elon Musk for spreading misinformation about the pandemic. Gates also vowed never to have an “end-of-life goal” and considers self-remembrance a “stupid thing.” “If we are all forgotten or remembered, it won’t change what we do every day,” the 65-year-old billionaire shared.

Following the above decrease, the price of thin pork (wholesale pig/jaw) of grades 1 and 2 also dropped sharply by about 12,000-15,000 VND/kg, to 85,000 VND/kg grade 1 and 78,000 VND/kg grade 2, respectively. However, the price of mixed pork belly has not decreased much, only about 5,000 VND/kg. Specifically, the previous sausage from 90,000 VND/kg to 85,000 VND/kg; drumstick drumsticks 85,000 VND/kg to 80,000 VND/kg, lean chips 110,000 VND/kg to 105,000 VND/kg. Particularly, young ribs still keep the price of 150,000 VND/kg, while before it was at 145,000 VND/kg. Explaining the above disproportionate price reduction, Mr. Tien said that normally, when the price of pigs goes down, the price of thin pigs will also drop directly, even if the reduction is more than the price of live pigs. Particularly, mixed pork usually does not decrease immediately, but gradually, on the contrary, the increase will also be gradual because traders and traders have signed contracts with each other in advance for a fixed period of time. Retail pork prices are still high, making consumers wonder. That is also the reason why small traders in some retail markets said that the price of pork of all kinds they sold has not decreased much, some places only decreased by about 5,000 – 10,000 VND/kg. Co Nhi, a small pork trader at Go Vap market (HCMC), said that for more than a week now, she has been importing wholesale pork at a high, unchanged price, about 117,000 – 125,000 VND/kg. Therefore, the retail price of pork remains high: young ribs 180,000-190,000 VND/kg, bacon 155,000 – 160,000 VND/kg, thighs 110,000 – 120,000 VND/kg… “The wholesale price of pork has not decreased, so I still keep the selling price. Prices of ham, ribs, and bacon are still high, so customers buy less and consumption is slow. Accordingly, the amount of imported goods also decreased from 100 kg/day to only 40 kg/day. Only when the wholesale price of imported pork and snakehead meat decreases, the retail price will decrease accordingly, which can stimulate buyers to increase pork consumption again,” Ms. Nhi said. Mr. Nguyen Dang Phu – Deputy General Director of Vietnam Vissan Animal Industry Joint Stock Company, also assessed that the sales force for pork products is currently very slow, the company has to reduce the price of all kinds of young ribs and cutlets by 15%. , pork belly pulled ribs… to stimulate purchasing power. Meanwhile, in the same market, the price of pork varies from place to place. At Base Market 26A (Go Vap District, some stalls quote the price of young ribs VND 165,000/kg, bacon 120,000 VND/kg, thighs 100,000 VND/kg… But another stall is not far away, the seller quoted the price. higher than 20,000 – 25,000 VND/kg, specifically: 180,000 VND/kg baby ribs, 140,000 VND/kg bacon, 120,000 VND/kg thighs… As explained by the small traders, the retail price of pork depends on each market, both wholesale and retail markets. At the beginning of the session (3 – 4 am) pork prices will be high and prices will decrease at the end of the session (6 – 7 am). Some retail sellers will watch out for wholesale markets to import “dropped goods” at cheap prices and sell cheaply to push goods; and those who import goods early, the meat is delicious, the price is higher, so they are forced to retail at a high price. “This whole week, I imported thin pigs with a constant price of 105,000 VND/kg, not 78,000 – 85,000 VND/kg. Not to mention, the purchasing power is slow, there is still a lot of meat left in the afternoon so I have to sell it all cheaply to the shops; The price at the beginning of the session, at the end of the session, is not much profit,” explained Ms. Thuyen – selling pork at Cho Base 26A. As noted by us, meat prices at some slaughterhouses also remained high. For example, in Vissan, even after the reduction of pork, it is still quite high. Pork ribs 275,000 VND/kg reduced to 210,000 VND/kg, pork belly 205,000 VND/kg reduced to 175,000 VND/kg, thigh meat 166,000 VND/kg reduced to 145,000 VND/kg… Branded packaged pork… Meat Deli is even higher: thigh 152,000 VND/kg, pork belly 192,000 VND/kg, cutlet 124,000 VND/kg, pork leg boneless 160,000 VND/kg… (According to Women in HCMC)

Fruit and vegetable prices fell sharply Similarly, in the Mekong Delta, vegetable prices also tend to decline sharply. Choysum is priced at 18,000 VND/kg, down 3,000 VND/kg, 18,000 broccoli is down 3,000 VND/kg, water spinach is priced at 12,000 VND/kg, down 2000 VND/kg, white cabbage is 13,000 VND/kg, down 2000 VND/kg. eggplant 11,000 VND/kg, reduced 1000 VND/kg, chickpeas 20,000 VND/kg reduced 2,000 VND/kg, green onions 20,000 VND/kg, bitter melon 25,000 VND/kg, gourd 15,000 VND/kg, okra 20,000 VND/ kg… Prices of some fruits continued to decline, fragrant mangoes, four-quarter mangoes, and Taiwanese mangoes were sold by farmers in buckets to traders and fruit collectors from 5,000-6,000 VND/kg, Cat Chu mangoes. The price is 10,000 VND / kg, acacia mango costs 5000 VND / kg. Hoa Loc mango price also dropped sharply to 20,000 VND/kg, down 4000 VND/kg. Price of green skin pomelo grade 1 is 30,000 VND/kg, type 2 is 25,000 VND/kg… Seafood products, fresh meat prices are stable. Giant freshwater prawn is 250,000 VND/kg, white meat catfish is 35,000 VND/kg, farmed snakehead fish is 50,000 VND/kg, red tilapia is 45,000-48,000 VND/kg, tilapia is 28,000 VND/kg Tilapia is priced at 32,000 VND/kg, a discount of 2,000 VND/kg. The price of meat also remained stable at 120,000 VND/kg for pork leg, 140,000 VND/kg for bacon, 240,000 VND/kg for beef. Ready-made whole chicken is priced at 125,000-135,000 VND/kg, ready-made whole duck is priced at 77,000-82,000 VND/kg… Particularly, the price of piglets also decreases according to the price of live pigs. In Can Tho City and Hau Giang Province, Vinh Long, An Giang, Dong Thap, Ben Tre… Breeding pigs of 12-15 kg/head are sold by many households and breeders for 2-2.3 million. VND/head, while in the same period last year, the price was up to 2.8-3 million VND/head, even higher. The price of piglets fell sharply due to the increased supply of piglets in many localities and affected by the decrease in live hog prices.

In the past 2 years, across forums and groups of online markets, many small traders are selling butterfly pea flowers at prices ranging from 450 to nearly 700 thousand VND/kg. It is worth mentioning that despite being sold at a price as high as that of precious medicinal herbs, many people are still willing to pay for it. On the internet market, butterfly pea flower tea is sold a lot. Screenshots. In the early days of May of the solar calendar, Ms. Tran Thu Minh, 29 years old in Kim Ma, Hanoi started selling butterfly pea flower tea. According to Ms. Minh, this is the second year she sells this flower tea and is interested by many people. This type of climbing flower has purple-blue, dark blue-white flowers, but the most common is purple-blue. Illustration. This 29-year-old woman said: “ Butterfly pea flower is no stranger to many people. Because this type of climbing plant is grown as a fence in many countryside. Or many families plant them as a flower bed in front of the porch or in the corner of the garden to keep cool. This type of climbing flower has purple-blue, dark blue-white flowers, but the most common is purple-blue. When I was a child, my house in Nam Dinh also had a fence of butterfly pea flowers and their flowers fell all over the path, but no one picked them up because they didn’t know its use was so great. That day, only occasionally at home with her mother’s five-color sticky rice, she sent her children out to get butterfly pea flowers to create a beautiful purple-blue sticky rice. Or sometimes mom cooks jelly on summer days with butterfly pea flowers to feed “. It was not until 2 years ago, when many people discovered the wonderful health benefits of butterfly pea flowers, that Ms. Minh’s family began to collect wild purple-blue flowers that were not mixed with branches and stalks and were recruited. These are carefully selected to dry in the sun and then dry. Many people use fresh flowers to dry in the sun and then dry them to make butterfly pea flower tea. Illustration. Because of selling natural, safe and reasonable flowers, this woman gradually gained the trust of women: “ Usually my house has a lot of regular guests. They also know that this flower does not keep fresh for long, so they often have to dry it and then dry it. In fact, every 7-8kg of fresh flowers is 1kg of dried flowers. Due to being so sophisticated, the price of this flower tea is quite expensive “. It is known that 100g of butterfly pea flower tea is being sold by Ms. Minh for 106,000 VND. Customers who buy 200gr cost 177 thousand VND. Buying 500gr costs 360 thousand VND. And customers who buy 1 kg will get a discount of 680 thousand VND: “ Last year, there was a time when I also sold dried butterfly pea flower tea for 800-900 thousand VND/kg. But this year the epidemic is like this, so the price of butterfly pea flowers is also very affordable so that any customer who needs it can buy it. “, said Ms. Minh. Customers buying butterfly pea flower tea are mainly office women. Illustration. This small trader also shared, the buyers are mainly office ladies. They usually buy 1-3 ounces to dye sticky rice, jelly, cakes, jams or brew tea to drink. A few customers often order a kilogram to brew tea to drink daily to nourish and support health. As an office woman with 2 children, Ms. Nga, 40 years old (Thuong Dinh, Hanoi) loves to make cakes and drinks. Therefore, every year she buys half a kilo of dried butterfly pea flowers to color the cakes and drinks. “ I buy half a kilo and it’s enough for a whole year to make cakes and drinks because there are quite a few. The rest, I also bought 1 kg separately for my grandmother to drink every day. 1kg is a lot, use it for a whole year. Because mixing water, just 1 flower is enough for 1 cup of water to drink. As for making cakes or sticky rice, I just bring 3-5 flowers to create color.” , Ms. Nga shared. This person also shared, the market currently sells 2 types of fresh flowers and dried butterfly pea flowers. But buyers should buy dried flowers because they are easy to store and use. The price per kilogram of dried butterfly pea flowers is quite expensive. Illustration. In addition, these topics for sale of flowers that used to be fences attract a lot of attention from online users and online markets. Many people think that, with 1 kg of dried flowers that cost from half a million to nearly a million, it is also reasonable because to earn 1 kg of dry is not easy, must go to many places to collect and be dried according to the standards. However, many people do not believe their eyes when the flower that grows in full fence is sold at such a high price.

Bitcoin plunged sharply on the morning of May 13 At 7 a.m. this morning, Bitcoin’s price on Coindesk was just over $ 47,000 / BTC, down $ 10,000 / BTC compared to last night. Meanwhile, on Coinmarketcap, Bitcoin also fell at a similar rate, to close to $ 49,000 / BTC. Thus, after peaking at $ 64,000 in mid-April 2021, Bitcoin never stopped going down and repeatedly broke the $ 50,000 / BTC mark. Along with Bitcoin, a series of other virtual currencies also turned red, the market capitalization decreased by more than 10%. Ethereum decreased by nearly 5%, BNB decreased 8.2%, XRP decreased 10%, BCH decreased 16%, LTC decreased nearly 15% … Some other virtual currencies even decreased 15-40%. Notably, Shiba Inu, a virtual currency “junk” is crazy about investors because the hot rise recently fell by nearly 35% in just half a day. The virtual money market fell vertically because yesterday, billionaire Elon Musk, CEO of Tesla announced “suspending the purchase of cars with Bitcoin” due to environmental concerns. Earlier in March, Elon Musk revealed that US customers can use bitcoin to pay for Tesla cars. “Tesla has suspended the purchase of cars with Bitcoin. We are concerned about the rapid increase in the use of fossil fuels to mine and trade Bitcoin, especially coal, the most polluting fuel. Cryptocurrency is a good idea on many levels and we believe it has a promising future. However, that cannot come at an environmental cost, “the billionaire explained. This billionaire unlike anyone has repeatedly made headlines in the virtual currency market by sudden decisions. However, he also asserted that Tesla did not sell any Bitcoin and intends to use it for trading as Bitcoin mining uses more sustainable energy. Yesterday, this tricky billionaire also gave a consultation on his personal Twitter page about whether Tesla should accept payments in dogecoin. The survey received millions of responses, of which the majority approved. The event comes just days after the billionaire revealed that SpaceX has accepted Dogecoin to pay for his lunar trips. Dogecoin virtual currency was “born” as a joke in 2013 by computer engineer Billy Markus and Adobe marketing expert Jackson Palmer suddenly got waves when billionaire Elon Musk invested and praised many times. on the personal page. However, the billionaire himself has repeatedly made statements to make this virtual currency “on elephants, down dogs”. Over the past 24 hours, Dogecoin has decreased in price by nearly 14%. From the beginning of the year until now, many banks, investment funds, and financial institutions announced to invest in bitcoin or accept payments in Bitcoin. However, with only a few individuals’ moves, this market still plunged without braking, this shows the great risk of this market. Even billionaire Elon Musk, while initiating and pioneering large corporations to invest in virtual money, said that people should not invest life savings in digital money because it is “not wise. good “. According to billionaire Musk, there is a possibility that digital money will become the main currency on earth, but no one knows what kind of currency it will be. Therefore, the investment in that time should be considered.

Intel CEO Pat Gelsinger (Pat Gelsinger) said that the global chip supply shortage may continue for two more years. Kissinger said that the supply constraints will continue until more production capacity goes online to meet chip demand. Data center business is challenged Data center business has become the main source of bad earnings this time. Intel’s financial report shows that the data center group’s revenue in the first quarter was US$5.6 billion, a 20% decrease from US$7 billion in the same period last year. The decline in demand for cloud computing chips and the decline in government and enterprise demand caused by the epidemic have all triggered a decline in data center revenue . As the group’s highest profitability business, the decline in data center profits also dragged down the overall gross profit margin, which fell by 5 percentage points year-on-year to 55.2%. From the industry perspective, Intel is undergoing a transformation from a “PC center” to a “data center”. But in the era when data has become the “new oil”, it is not only Intel that sees the cake of data centers, but Nvidia and AMD are trying to further seize this market through mergers and acquisitions. On the other hand, Intel’s customers in the data center field, Google, Amazon, and Alibaba, have all begun to develop their own chips. “Any customized chip is a differentiated competition for them. For them, the chip is a strategy, not a route choice.” Vice President of Intel Marketing Group and General Manager of China Industry Solutions Department Liang Yali responded to this earlier. On April 8, Intel launched the third-generation Xeon scalable processor and a series of related product portfolios, which were regarded by the outside world as a counterattack to AMD’s attack. Among them, Ice Lake is Intel’s first server chip using 10nm. In addition, in the financial report data, Intel’s personal computer chip business revenue was 10.6 billion US dollars, an increase of 8% over the same period last year. The overall demand for this major notebook computer market has increased. However, it is also worth noting that the past high-end product line cooperation On the other hand, Apple has also begun to use more self-developed chips in the Mac product line. In the entire Intel’s quarterly report, the biggest bright spot is that the autonomous driving system company Mobileye’s revenue rose by 48% year-on-year to 377 million US dollars, and its operating profit rose by 67% year-on-year. “Lack of core” trend will continue At present, the shortage of chips has gradually spread from some links such as foundry, packaging and testing to the entire industry chain, involving multiple consumer fields such as automobiles, mobile phones, and notebooks. As one of the main players in the chip supply chain, Intel claims that the global chip supply shortage may continue for two more years. Prior to this, in order to reverse Intel’s decline in competition in the semiconductor industry, Kissinger proposed the IDM 2.0 plan. In the financial report statement, Kissinger also stated that this year will be an “important year” for Intel. From an industry perspective, Intel represents the IDM (Integrated Device Manufacture) model. The manufacturer is responsible for the entire process of the chip from design to finished product. This model can ensure the integration of the product from design to manufacturing. But in terms of iteration efficiency and cost, the Foundry model represented by TSMC is currently more mainstream. In order to change the current foundry pattern based on TSMC, Intel plans to invest approximately US$20 billion in the construction of two new factories (fabs) in Arizona, the United States. Intel stated that it hopes to become a major provider of foundry production capacity and provide services to customers around the world from the United States and Europe. Research organization TrendForce said that Taiwan Semiconductor Manufacturing Company (TSMC) will begin using the 5nm process to produce Intel’s Core i3 chips in the second half of this year. But judging from the latest news, Intel seems to want to increase its manufacturing capacity centered on the United States in order to reduce its dependence on Asian manufacturers. For Intel at the moment, the biggest problem is that the expansion investment plan may take several years to provide profits for it. In the financial report, Intel expects Q2 revenue of US$17.8 billion, slightly higher than the expected US$17.55 billion; however, the EPS forecast of US$1.05 is slightly lower than expected, and the company explained that it was affected by production capacity expansion expenses. As of press time, Intel reported $62.57 per share. It placed an order of 1.77% on Thursday and dropped 2.17% after the market.

China’s Long March (Truong Chinh) 5B missile was launched last Thursday A Chinese uncontrolled 21-ton missile is falling on Earth and could land in densely populated areas, experts warn. China’s Long March (Truong Chinh) 5B rocket launched last Thursday is expected to fall back to Earth in the next few days. Jonathan McDowell, an astronomer who tracks objects orbiting the Earth, said SpaceNews that its path was “slightly further north than New York, Madrid and Beijing, and as far south as Chile and Wellington, New Zealand”. The missile can fall anywhere within this range, including oceans and densely populated or uninhabited areas, but most missiles will burn in the atmosphere. Satellite tracking devices have detected missiles longer than 30m cruise at speeds of more than 6.4km / s. China launched the Long March 5B at 11:23 a.m. local time last Thursday to make the first phase of their upcoming space station. The module that the missile carries, dubbed ‘Thien Hoa’, will be inhabited by the three crew members after the space station’s giant structure is complete. State media reported that China aims to complete the China Space Station, known as Tiangong (Tiangong) by the end of 2022, after several other modules have been launched. When completed, the Tiangong Space Station will orbit the Earth at an altitude of 340-450km. China aims to become a space power by 2030 to keep up with rivals, including the US, Russia and the European Space Agency, and create the most advanced space station around Earth. The ISS International Space Station, currently in orbit, takes 10 years and more than 30 missions to assemble since the launch of the first module in 1998. The ISS was supported by five space agencies – NASA (USA), Roscosmos (Russia), JAXA (Japan), ESA (Europe) and CSA (Canada) – but China was initially banned from the United States. However, the unsettled return of the missile could put an end to the Chinese celebration if the vehicle lands in an inhabited area. Cosmic debris watchers have observed it moving slowly and unpredictably to Earth over the past few days and it will be one of the largest uncontrolled debris on record. The Long March 5B is about 33m long, 5.3m wide and although more than 10 tons of space debris has been left in orbit for an uncontrolled return to ground flight, Mr McDowell said “by current standards. , it’s unacceptable to let it come back uncontrollably. ” Holger Krag, head of the European Space Agency’s Office of Space Safety Programs, told SpaceNews that: ‘China is aware of the potential danger of out-of-control’. “It is always difficult to judge the volume and amount of debris left over without knowing the design of the object, but the logical rule is about 20-40% China launched the Long March 5B in May 2020 to test the vehicle in preparation to send people to the moon, but the mission also ended with an uncontrolled return trip. The Long March 5B rocket entered space on 5 May 2020 and crashed to Earth a few days later, just off the coast of West Africa. This has been confirmed by Space Control Squadron 18, a unit of the US Air Force that tracks space debris in Earth orbit. The force says what’s remarkable not only about the size of the missile but also the extent of its uncontrolled dive zone. Before crashing into waters off the west coast of Mauritania, the rocket core flew over Los Angeles and New York.

Developed by a small group of the most talented vaccine scientists on the planet and industrially produced by the leading pharmaceutical giant with many prestigious certifications, Vaxzevria (the official new name for the Oxford / AstraZeneca vaccine in Europe) has been making hot headlines for many months. But not the kind that manufacturers have high expectations for. Months later, the manufacturer was not only caught in the political conflict between the EU and the UK, but also by the increasingly complicated conflicts. As a result, many governments around the world have recovered parts of Vaxzevria (some countries call it Covishield). Even when the third wave of outbreaks broke out in Germany and the EU, followed by a number of people claiming they wanted to be injected with any vaccine except for AstraZeneca. What’s wrong with that? The following survey by reporters Der Spiegel has reorganized the stories surrounding AstraZeneca in recent weeks to envision the disaster facing not only the pharmaceutical company but also many other countries. British Prime Minister Boris Johnson (center) in an AstraZeneca vaccine factory. The Story of AstraZeneca The story of Vaxzevria begins at the Faculty of Medicine Nuffield, a research center on the eastern edge of the University of Oxford city. On January 30, 2020, a group of prominent researchers gathered there, just one day before the Brexit event and one day before the first two COVID-19 infections were announced in the UK, to be exact. is in York, 300 km away. For weeks, researchers continuously watched news about an outbreak of a virus in Wuhan (China), in a restless mood. As Prime Minister Boris Johnson’s governmental capacities are fully focused on leaving the EU, scientists at Oxford discuss how they can do to save the world. Among those present that day was Sarah Gilbert (a mediocre professor at the Jenner Institute) who was experimenting with yeast in a brewing research laboratory before becoming a world-renowned vaccine expert. Ms. Gilbert has researched on vaccines against malaria, Ebola and MERS, and is also preparing vaccines for “Disease X” – the next major pandemic that scientists are working on. . Ms. Gilbert (who has been studying the SARS-CoV-2 genetic code for weeks) has surprised colleagues by asserting that a vaccine will soon be available. At the time, Ms. Gilbert was working on phase 2 of Phase 1 clinical trials of a vaccine against MERS (Middle East Respiratory Syndrome) caused by a virus in the coronavirus family. By March 2020, Oxford experts have completed the first batch of new vaccines used to destroy SARS-CoV-2. The swine clinical trials in Surrey County have shown promising results. But obviously a huge amount of vaccine is needed, as much as possible. So Oxford started looking for partners in the pharmaceutical industry, and the first choice was pharmaceutical giant Merck (USA). But because Mr. Donald Trump’s “America First” thought made the British hesitant when working with Americans and the deal with Merck broke down. Speaking later on LBC radio, UK Health Minister Matt Hancock posted on the forum explaining that he did not want to enter into a contract that would allow the first batch of Oxford vaccine to be given to other countries. In April 2020, AstraZeneca’s Anglo-Swedish joint idea was born. Mr. Pascal Soriot, CEO of AstraZeneca. Pascal Soriot and AstraZeneca When Pascal Soriot took over AstraZeneca in 2012, the company was at a bottom: stock prices plummeted, and the risk of losing its drug patents. Soriot is deep into AstraZeneca: instead of reducing costs, he invested in product development, bought more companies, and resisted Pfizer’s American acquisitions. Today, AstraZeneca is the 2nd largest company in the UK. At the age of 61, Mr. Soriot soon learned to build himself. Raised up in the Paris suburbs and his father passed away when his son Soriot turned 20 years old. Soriot then enrolled in the Paris Business School (HEC) and entered the pharmaceutical industry. In 2020, AstraZeneca’s CEO Soriot announced that his company was planning to tackle a very difficult public health problem: producing vaccines against COVID-19. AstraZeneca initially announced a partnership with Sarah Gilbert and other Oxford scientists. AstraZeneca plans to export vaccines globally at prices ranging from $ 2 to $ 5, and aims that poor countries will have access to vaccines as quickly and equally as possible. At the same time, Soriot also assured Prime Minister Boris Johnson that would provide the first and exclusive large quantity of vaccine to the UK. However, the AstraZeneca staff said that Soriot was subjective in not considering the possible consequences of failure. Without hesitation, Soriot approaches the vaccine strategy as it does with all of its projects. AstraZeneca is committed to producing 300 million doses of the vaccine for the EU by mid-2021, as well as another 100 million doses for the UK. AstraZeneca is producing Vaxzevria in at least four plants in Europe; Two of them are Oxford Biomedica and Cobra Biologics (both located in the UK); The other two facilities are Thermo Fisher and Halix (located in Belgium and the Netherlands). The four factories are operated by subcontractors, not by AstraZeneca. And at least two of them have had problems right from the start. At first, Thermo Fisher produced fewer vaccines than expected. And Cobra Biologics does not work synchronously. The Dutch health expert, Wilbert Bannenberg, was not surprised by AstraZeneca’s vaccine production glitch when it came to the hundreds of ingredients used in vaccines like Vaxzevria, even with small deviations in the ingredients. The raw material also causes the finished product to be discarded. By the end of 2020, it was clear that AstraZeneca was having difficulty in the contracts it had to make. Soriot is wondering whether to leave the UK or leave the EU. And the owner of Downing Street began to form a specialized vaccine force consisting of famous experts and scientists. Led by biochemist and venture capitalist Kate Bingham, the force not only created multipurpose vaccines for the British, but also built the UK vaccine industry. In other words, the UK offered vaccine developers an offer they could hardly turn down. Gambling customers’ trust Vaxzevria is the third vaccine to be approved in Europe, after BioNTech / Pfizer and Moderna. But by the fall of 2020 it appears that AstraZeneca’s pandemic studies have become inaccurate. For example, about 3,000 test subjects received half an injection for their first phase, and a full dose for the second injection. Both Oxford and AstraZeneca disagreed in the notion that half the dose was an attempt to act. good idea. AstraZeneca has been criticized because it basically ended up calculating the mean of the data for different groups of test subjects. An even bigger problem is the lack of seniors to include in the study. The Standing Committee on Immunization (STIKO) of the Robert Koch Institute (Germany’s center for disease control) initially recommended AstraZeneca only test 18 to 64 years old, and invisibly turned the island. Inoculation in Germany is wrong. With a feeling of discomfort from a congestion in the vaccine supply, and not yet on any scientific basis, but French President Emmanuel Macron has declared the AstraZeneca vaccine “does not budge at all for people over 65” . Since that time, the vaccine has been ranked 2 in every European country except the UK. In the US, the AstraZeneca vaccine has not even been approved even though President Trump ordered 300 million doses required by the end of May 2020. At first it seemed that AstraZeneca was not completely transparent with Americans when covering the truth about A test subject fell ill at an early stage of the trial. But that is not the last malfunction. In March 2021, AstraZeneca announced that its vaccine was 79% effective in preventing symptomatic infections. But US officials believe that the pharmaceutical company’s data is out of date and may falsify the results. In March 2021, news began to circulate threatening to destroy confidence in AstraZeneca. In some countries, people vaccinated with the Vaxzevria vaccine have developed an embolism caused by a blood clot in the brain, also known as sinus venous thrombosis (CSVT). On 29 March 2021, the Paul Ehrlich Institute (German institution of health management) recorded 31 cases of CSV out of 2.7 million vaccinated people in Germany. Most affected young women. 9 people died. Fearful, some countries have now ended contact with AstraZeneca. Until recently, the European Medicines Agency (EUMA) admitted for the first time that there is a link between thrombosis and Vaxzevria, but EUMA still recommends the Vaxzevria vaccine for all age groups. According to a survey, 23% of French people consider Vaxzevria safe, in Germany it is 32%. Norway and Denmark stopped using the vaccine Vaxzevria. Thrombosis and death were also seen in Britain for the first time. Oxford University has suspended a vaccine trial in children. Experts are on the verge of despair. Ms. Nina Gatter (a vaccinator from North Rhine-Westphalia, Germany) criticized AstraZeneca when saying that the company did not properly display concerns from the skeptical psychology of public opinion. In Europe, there has been growing skepticism and has delayed the vaccination campaign. Many were vaccinated later than planned, while others used different vaccines. Consequences affect the chain elsewhere. The Covax initiative is currently heavily dependent on the AstraZeneca vaccine. The consequences of this lack of trust can be seen in South Africa. The government stopped vaccinating people after it discovered a mutation. The slow results of the COVID-19 vaccinations in South Africa, meaning substances created with the hope of saving the world, are now piled up in stock.

Kenya Airways’ aircraft at Jomo Kenyatta International Airport in Nairobi. Heartbreaking discovery On the afternoon of June 30, 2019, 31-year-old British software engineer Wil was outside his house in Clapham (southwest London), drinking beer while chatting with a friend, above his head. , the planes were also rushing to Heathrow airport to end their journey. Taking out his phone, Wil shows him an app that tells the user the route and pattern of any passing aircraft. When he saw an airplane passing by, he opened the application to view information, then raised his phone to shade the sun and squinted at the sky. Suddenly, Wil saw something falling from the sky. “At first I thought it was a bag, but after a few seconds, I discovered the object was quite large and fell very quickly,” Mr. Wil said. Wil thinks that the object could be part of the landing gear or the luggage in the cargo hold. However, he suddenly remembered a long-read article about people hiding tickets on planes. Wil does not want to believe in this possibility but cannot deny the object gets closer and closer. “In the final seconds before the object lands, I see limbs. I think it’s a person, ”continued Wil. Shortly thereafter, Wil opened the flight determination application, and his friend called the police to report the news. According to information on the phone application, the plane that has just passed over that area is Boeing 787-8 Dreamliner carrying number KQ 100 of Kenya Airways. The man was dropped from a plane of Kenya Airways 1000m to the ground. After that, Wil drove his motorbike to find where the object fell, and mumbled to pray that he would only see a coat, a bag or something on the ground. When he went to the next route, he met a police car in the opposite direction and decided to follow. The destination is on Offerton Street, 300 meters from Wil’s house. When he arrived, Wil saw John Baldock, a gray-faced man standing dumbfounded outside a house. Looking through the window, Wil noticed that the inner garden was “completely destroyed”. “The first thing I told John was to ask if it was the same person, because I’m still not 100% sure. He said nothing, just looked at me and nodded, making my heart heavy, “Wil said. That man fell from a height of more than 1,000m to the ground. This is an airplane ticket evader. Hard search On the day of the incident, because the London Police Department’s unit in charge of searching for the missing people was overloaded, agent Paul Graves of the voluntary crime unit was in charge of the investigation. As an experienced senior detective, Graves has more than 30 years specializing in handling stabbing, shooting, kidnapping and murder conspiracy. He hopes to soon identify the man “fell from the sky” and return the body. After receiving the report, the police quickly went to Offerton Street, talked with Wil, John and people living in the area, and contacted Heathrow airport. The airport sent staff to inspect the landing gear – the area of ​​the aircraft’s landing gear will retract after takeoff – aboard a Kenyan Airways Boeing. There was barely enough room for one person to hide inside, and after checking in, an old backpack with the initials MCA was found there. The backpack does not contain any important clues, only contains a few pieces of bread, a bottle of soft drink, a bottle of water and a pair of sports shoes. “Food, water and shoes are the definition of survival for that person,” Detective Graves said. However, there was also some Kenyan coins in the backpack and a bottle of Fantamà, according to verification sold at a store in the country, showed that the stowaway was almost certainly on board there. The flight initially departed from Johannesburg, South Africa to Nairobi, Kenya. So the elimination of the possibility of a man getting on a plane from South Africa is a remarkable discovery: At the Lambeth Morgue, pathologists took samples of the man’s DNA and duplicate copies of his fingerprints. hand him and send it to the authorities in Kenya. However, the DNA determination later showed that it did not match anyone in Kenya. Graves hopes that he will have better luck with fingerprints as many problems in Kenya require candidates to have fingerprints. But the smuggler’s fingerprints were also not on the Kenyan police database. The incident meanwhile attracted the attention of public opinion. Because the situation of migrants betting their lives to reach Europe has appeared so often in the newspapers, and this is a completely different thing: an unidentified man, from a country about a third of the population lives on less than $ 2 a day, crashing the bottom of a plane into one of the wealthiest places in London. According to statistics of the US Federal Aviation Administration, from 1947 to February 2020, 128 people around the world tried to smuggle planes in this way. More than 75% of them were killed. The stowaway can fall off the plane during take-off, as in the case of 14-year-old Keith Sapsford falling from a cabin landing a Douglas DC-8 departing from Sydney, Australia for Tokyo, Japan, in January. 2/1970. Even if they survive the take-off, the stowaways can be crushed as they return, as Adonis Guerrero Barrios died in July 2011. The 23-year-old has climbed into the cockpit of the Airbus A340 from Cuba to Madrid, Spain. Even with luck avoiding the above possibilities, those who cling to the plane still face the cargo. Other deadly risk series. For example, within 25 minutes of take-off, most passenger aircraft reach an altitude of nearly 11 km, the outside temperature is approximately -54 degrees Celsius, the air pressure is about 4 times lower than normal, preventing the human lungs from getting enough oxygen from the air, which can cause heart failure and brain death. If the stowaway somehow managed to survive the journey, they would surely lose consciousness once the plane began to descend. Therefore, when the aircraft opens the door to lower the landing gear, usually within 8 km of the runway, they can fall freely. This is why bodies are sometimes found south of London, near Heathrow’s route, as in the case of Pakistani elder Mohammed Ayaz who died from falling from a British Airways flight into a Homebase parking lot. , also in Richmond in June 2001. There are also rare instances where some of the stowaways still survived that scientists have not fully explained these cases. In September 2019, three months after receiving the investigation, Agent Graves flew to Kenya, hoping to find out what details could help identify the mysterious but futile man. Dead end, he decided to use the last resort, thanks to the help and spread of the media, but failed. At the end of 2019, Kenyan officials decided to close the investigation. This is also seen as typical of the tragic cases of migrants. Many of them drowned at sea, were electrocuted in cross-strait tunnels, or assaulted to death by racist mobs. According to the Project Lost Migrants, 10,134 have been killed on the global migration routes since 2014. That might just be the tip of the iceberg.

Dragon fruit prices are currently at a high level Similarly, in the Mekong Delta, the price of choysum has a price of 13,000 VND / kg, an increase of 3,000 VND / kg, a broccoli has a price of 12,000 VND / kg, an increase of 2,000 VND / kg, a cowpea 12,000 VND / kg, an increase of 2,000 VND / kg … The prices of some fruits also continued to have a strong downward trend today, April 25, the price of sandy rice was 8,000 VND / kg, down 2,000 VND / kg, 3-color mango of grade 1 was 8,000 VND / kg, down 4,000 VND. VND / kg, 3-color mango (bucket type) is priced at 6,000 VND / kg. The price of green skin grapefruit has a slight decrease in grade 1, with a price of 20,000 VND / kg, a decrease of 2,000 VND / kg, a price of green skin pomelo with a price of 15,000 VND / kg … Particularly, the price of dragon fruit is tending to increase again. At garden houses in Tien Giang and Long An, the price of red flesh dragon fruit traders are buying for about 20,000 VND / kg, depending on the type and location near and far, is 3 to 4 times higher than the previous time. month. Due to the high price of dragon fruits, farmers have a stable income source, contributing to sustainable economic and social development. Seafood products have stable prices. Howling fish prices are from 50,000 to 55,000 VND / kg; white plaice costs 35,000 VND / kg, farmed snakehead fish costs 48,000 VND / kg, Red tilapia costs 54,000 – 48,000 VND / kg, tilapia costs 28,000 VND / kg, eel prices 160,000 – 170,000 VND / kg an increase of 5000 VND / kg compared to the previous day, giant freshwater shrimp is priced at 235,000- 245,000 VND / kg …

Only two years after listing on the US capital market, Ruhan Holdings is about to delist.

Before the market on April 21, Eastern Time, Ruhan announced that it had completed the privatization transaction and the company was delisted from the Nasdaq immediately. As a well-known MCN company, Ruhan Holdings chose to delist soon after it went public, which aroused widespread concern.

Complete privatization and delisting

On April 22, Ruhan Holdings announced that in accordance with the agreement and merger plan announced on February 3, 2021, Ruhan Holdings and RUNION Mergersub Limited (hereinafter referred to as “Merger Sub”) have completed the merger. RUNION Holding Limited is the target company of Ruhan Holdings, and Merger Sub is a wholly-owned subsidiary of RUNION Holding Limited. After the merger, Ruhan Holdings completed the delisting of US stocks and became a wholly-owned subsidiary of the parent company.

At present, Ruhan Holdings has suspended its trading of American depositary shares on NASDAQ at the close of trading on April 20, 2021 (New York time). The company has also requested Nasdaq to submit a form to the U.S. Securities and Exchange Commission (SEC) explaining the delisting from Nasdaq and the cancellation of the company’s registered securities.

On April 3, 2019, Ruhan Holdings completed an IPO on Nasdaq with an issue price of US$12.5.But it broke at the opening,Quote $11.5, As of the day’s close, fell 37.2% to 7.78 US dollars, with a market value of 649 million US dollars.

At present, Ruhan has been suspended on Nasdaq, April 19 is the last trading day before the suspension.It closed at US$3.4, a 72.8% reduction from the issue price, and the total market value was US$281 million.

On November 25, 2020, Ruhan announced that it had received a privatization offer from the company’s three founders, Feng Min, Sun Lei, and Shen Chao (buyer group). According to the offer,The buyer group proposes to privatize at a price of 3.4 US dollars per ADS.This price is higher than Ruhan’s stock price at that time, but much lower than the IPO issue price.

According to wind data, as of February 3, 2021,Feng Min holds 25.75% Equity, Sun Lei holdsHaveWith 12.84% of the equity, Shen Chao holds 5.64% of the equity, and the three of them hold a total of 44.23%.

Ruhan Chairman Feng Min Picture source: every photo by reporter Zhang Jian (data map)

On February 3, 2021, Ruhan issued an announcement stating that it had signed a privatization agreement. According to the agreement,The buyer’s group will acquire all out-of-stock shares at a price of US$0.7 per share (or US$3.5 per ADS) in cash.

The price of this privatization agreement,72% reduction from the issue price. Regardless of dividends and other circumstances, investors who participated in the subscription during the IPO held a floating loss of more than 70%.

Over-reliance on head influencers

According to Wind data, from fiscal year 2019 (April 2018 to March 2019) to fiscal year 2020, Ruhan Holdings’ revenue was 1.093 billion yuan and 1.296 billion yuan, but its net profit has been at a loss.

Wind data shows that from fiscal year 2019 (April 2018 to March 2019) to fiscal year 2020, Ruhan Holdings’ gross profit margins for sales were 31.28% and 37.79%, respectively; however, the company’s net sales margins were always negative, respectively. -7.77%, -7.55%.

According to Ruhan Holdings’ financial report for the second quarter of fiscal 2021 (corresponding to the third quarter of 2020), the company’s total revenue for the quarter was 248.5 million yuan, a year-on-year decline of 9%; net profit was a loss of 31.2 million yuan.

Behind this, Ruhan Holdings has never created another top-flow internet celebrity.

According to public information, from 2018 to 2020,Ruhan Holdings’ head internet celebrity Zhang Dayi’s stores contribute more than half of the company’s revenue. The side effect of this structure is that when the top artist faces major negative news, the company will suffer losses together.

In April 2020, Zhang Dayi’s negative incident was exposed. Ruhan stated in previous documents that the incident had a significant adverse impact on the company’s reputation, business, and ADS transaction prices.

According to the financial report of Ruhan Holdings, as of September 30, 2020, the number of the company’s contracted Internet celebrities increased from 146 in the same period of the previous year to 180, and the total number of fans increased from 188.8 million in the same period of the previous year to 295.3 million. The number of head influencers increased from 5 to 8 in the same period last year, and shoulder and waist influencers increased to 45.

However, the service revenue generated by the 8-bit top influencers in the platform mode only accounts for 28% of the total service revenue, None of the newly added internet celebrities contributed 10% of their revenue.

Miss the live broadcast

In addition to relying too much on top-flow internet celebrities, missing the live broadcast may be another mistake of Ruhan Holdings.

In the early days, Zhang Dayi used Weibo to promote and serve as a Taobao traffic portal. On Double Eleven in 2016, Zhang Dayi’s store broke into the second place in the Taobao women’s clothing category, with a transaction volume exceeding 100 million. At the same time as Zhang Dayi, there are also traditional Internet celebrities such as Sydney and Yu momo. At that time, Taobao even made a documentary called “Internet Celebrity” specifically for her.

In fact, Zhang Dayi started very early in the field of live e-commerce. At the Taobao Live Festival in 2016, she drove 20 million transactions in two hours, and the number of viewers exceeded 410,000, setting a record. At that time, Taobao Live was only established for 100 days.

After the Double Eleven live broadcast in 2016, Zhang Dayi said in an interview with The Economic Observer: “It’s a bit tired. The long live broadcast mode of competition will cause everyone to be aesthetically tired. I think after Double 12, this mode will change. Because the conversion rate of live broadcast is decreasing.” In the same year, Wei Ya stepped onto the live broadcast stage.

Image source: Data map taken by reporter Zhang Jian

By the Double Eleven in 2019, the number of viewers who squeezed into the live broadcast rooms of Wei Ya and Li Jiaqi exceeded 40 million and 30 million, respectively, while the number of people in Zhang Dayi’s live broadcast room was 10 million; Wei Ya’s live broadcast sales exceeded 2.7 billion yuan, and Li Jiaqi’s Sales exceeded 1 billion yuan, while the personal brand turnover of Zhang Dayi’s Taobao store during the same period was 340 million yuan.

Double Eleven in 2020,Li Jiaqi and Wei Ya’s live broadcast sales reached 7.06 billion yuan and 8.76 billion yuan, respectively, while Zhang Dayi’s data was only 240 million yuan..

In essence, Zhang Dayi is not a “carrying anchor”. She has her own store and produces her own branded products. Ruhan also supports her with a huge factory and supply chain system.She is a “seller anchor + shop owner”, Appearing in the live camera is also to promote the products of their own stores, it is difficult to reverse their thinking to help other brands’ sales.

On the other hand, Li Jiaqi and Wei Ya are cooperating with multiple brands, and at most they produce some co-branded models. This model is obviously “much lighter” than Zhang Dayi’s online celebrity store.

One thing that cannot be denied is that the era of graphics and text with Zhang Dayi as the mainstream has passed. Guosen Securities Research Report pointed out: “Internet celebrity delivery methods are constantly advancing to a more efficient mode, from early graphic dissemination to current short video/live broadcast, etc., Drove the growth of batch after batch of Internet celebrity KOLs, and at the same time increased the difficulty of continuous operation of Internet celebrities. ”

It is worth noting that as early as when Ruhan Holdings broke out on the first day of listing, Wang Sicong once commented: “There are three problems with Ruhan’s business model: first, the large amount of marketing expenses is puzzling; second, it relies too much on top brand. Red Zhang Dayi; third, no new internet celebrities have been cultivated, and the internet celebrity marketing model has not been successfully verified.

Edit| Sun Zhicheng Wang Jiaqi

Proofreading| Lu Xiangyong

Daily Economic News Comprehensive Every Economics App, China Business News, Red Star News, etc.

Daily economic news

Biden’s “rich man tax” levy plan has brought a heavy blow to speculators of cryptocurrency assets.

On April 23, cryptocurrencies plunged one after another. Bitcoin fell by more than 8%, Ethereum fell by 10%, Ripple fell by more than 17%, and Litecoin fell by more than 16%.

On the 23rd, Bitcoin fell below $50,000 per coin, the first time since March 8. It then further fell to 49465 US dollars per piece, a 24-hour drop of more than 8%.

At 0:00 on the 22nd, the price of Bitcoin was still at a high level of $56,000 per coin. In the early morning range of the 23rd, with the news of the tax increase plan, Bitcoin fell sharply. From April 22 to press time,Bitcoin has successively fallen below the six integer barriers of 55000, 54000, 53000, 52000, 51000, and 50000, and has fallen by more than US$6,000 in 24 hours.

According to Bitcoin Home Network,In the past 24 hours, a total of about 457,500 people liquidated their positions, and the liquidated capital was as high as US$3.211 billion, which is equivalent to about 20.86 billion yuan..

According to CBN News, foreign media reports that Biden plans to propose to nearly double the capital gains tax rate for the wealthy to 39.6%. Together with the existing investment income surcharge, it means that investors have the highest federal capital gains tax rate. Will reach 43.4%.

Image source: Visual China

According to sources, the capital gains tax rate for people with an annual income of not less than US$1 million will be raised to 39.6%, far exceeding the current basic tax rate of 20%. Coupled with the 3.8% investment income tax rate to fund Obamacare, the capital gains tax level is higher than the highest salary tax rate.

For people with an annual income of $1 million in high-tax states, the capital gains tax rate may exceed 50%. In New York State, the state and federal total capital gains tax rate may be as high as 52.22%. For California, it may be 56.7%.

U.S. investors who invest in crypto assets (these assets have risen by about 80% since December last year), if they sell cryptocurrencies after holding them for more than a year, they already face the risk of capital gains tax. The Internal Revenue Service has also increased its taxation on the sale of encrypted assets.

Source: Daily Economic News, Comprehensive Market News, Bitcoin Home Network, China Business News

(Every time this article is posted on the App for transmission

Since the second half of 2019, pig raising has become the new wealth code. In addition to traditional pig breeding companies, real estate companies such as Vanke, Country Garden and some Internet companies have started to raise pigs. In 2020, pig companies have indeed made unprecedented profits. Tianbang shares have increased their profits by more than 1,000 times a year, but the result of relying on the sky is that the profits of pig companies will shrink sharply when the price of pigs falls after the year.

The pigs that fly into the air have a one-year profit exceeding 4.6 times the total since the listing

In fact, the same is true. As long as the pigs can be raised alive to the slaughter, a lot of money can be made. In this wave of pig cycles, the price of pork rose from about ten yuan a catty to more than fifty yuan a catty.

At present, most pig companies have disclosed performance data for 2020, which is basically a big increase as expected, and some even earn enough profits for decades in a year.

On April 21, Tianbang Co., Ltd. announced its 2020 performance report. It achieved operating income of 10.764 billion, a year-on-year increase of 79.2%, realized a net profit of 3.245 billion attributable to the parent, a year-on-year increase of 3131.98%, and realized a non-net profit of 3.312 billion, a year-on-year increase of 106917.13 %.

Interestingly, since Tianbang shares went public in 2007, its main business includes pig breeding and pork product processing, pig vaccines, pig feed and aquatic feed, and pig breeding technical services. Based on historical data as of 2019 It can be seen that the total net profit of the company attributable to the parent is only 702 million, and the net profit in 2020 is 4.6 times that.

In other words, no matter how long this strong performance can last, Tianbang has made more than sixty years of profits in this year alone. Previously, due to the impact of African swine fever, the national pork production capacity fell off a cliff in 2019. Although it is in the process of recovery in 2020, the market is still in short supply, resulting in a high level of live pig market prices throughout the year.

According to data from the Ministry of Agriculture and Rural Affairs, the average price of live pigs in 2020 is 34.03 yuan/kg, a sharp increase of 60.36% year-on-year, while the annual report of Tianbang shares shows that the average sales price of the company’s multi-breed combination of live pigs reached 51.46 yuan/kg, an increase of 177% year-on-year . In addition, Tianbang shares achieved 3.0778 million pigs for slaughter throughout the year, an increase of 26.17% year-on-year. Among them, the number of breeding pigs for slaughter was 329,100, an increase of 515% year-on-year, and the number of piglets for slaughter was 1.687 million, an increase of 443% year-on-year. The main reason for the huge increase in company profits.

On the 22nd, Wen’s shares also published its annual report. In 2020, operating income was 74.923 billion, a year-on-year increase of 2.47%, but the net profit attributable to the parent was only 7.426 billion, a year-on-year decrease of 46.83%, and non-net profit was only 6.381 billion, a year-on-year decrease. 51.11%. Judging from the current leading pig companies that have publicly disclosed their performance, Wen’s shares are also the only pig company that has experienced negative profit growth.

Unlike Tianbang, which only breeds live pigs, Wen’s breeding business includes live pigs and white feather chickens and other poultry. In 2020, the revenue of pig farming will increase by 10.84% ​​year-on-year, and the gross profit rate will increase by 1.74%. However, the revenue of broiler and other farming products fell by 9.3% and 1.92% respectively. Especially when the price of broiler chicken and the price of live pigs fluctuated in the opposite direction, the gross profit margin of the broiler business fell sharply by 25.93% to 0.38%, which is also the company’s net profit. One of the main reasons for the decline.

Pig prices fell, performance fell, piglet market enthusiasm continued

Unlike the elated annual report, the quarterly report of the pig company is full of sorrows.

From New Year’s Day to early April, pork prices were nearly cut in half, with a drop of 43.74%. Especially after the Spring Festival, market demand was weak. Since March, the price of pigs has continued to decline. As of April 9, the average domestic pig price was 20.84 yuan/kg, a drop of 30.99% from March 2.

A few days ago, the relevant person in charge of the Ministry of Agriculture and Rural Affairs also said that as the supply and demand situation continues to improve, pork prices have fallen for 12 consecutive weeks, falling to about 40 yuan per kilogram, a year-on-year decrease of about 25%. After April 9th, the pig price bottomed out and rebounded. As of the 21st, the pig price has experienced two short-term rebounds.

But at the same time, the cost of raising pigs has increased, with corn up 47.0% year-on-year, and compound feed for fat pigs up 16.1% year-on-year. Pig prices fell and feed prices climbed. In the end, the price of pigs and grains fell rapidly. In late March, it fell to around 9.23, and it was as high as 20 in the same period in 2020. It is currently falling back to the level of August 2019.

In such a market environment, the quarterly reports of pig companies have almost all fallen. The profit of Tianbang shares shrank to 191 million to 238 million, a year-on-year decrease of 50%-60%. Zhengbang’s net profit also fell to 205 million to 305 million, a year-on-year decrease of 66.32%-77.36%. Wen’s shares realized net profit attributable to the parent 544 million, a year-on-year decrease of 71.28%.

The reason is mostly due to the sharp decline in domestic pig prices and the superimposed increase in corn and other feed prices to squeeze profits. In addition, the slaughter structure of live pigs is also known as one of the other major influencing factors. Early elimination of some sows and early slaughter of fat pigs to avoid the risk of epidemic accounted for a relatively high proportion, while breeding pigs and piglets accounted for a relatively small proportion.

At present, only Muyuan’s first quarterly report has achieved growth. The company expects the net profit attributable to the mother will reach 6.7 billion to 7.3 billion, an increase of 62.17%-76.7% year-on-year. The company said that it was due to the expansion of the scale of pig farming and sales of 7.72 million pigs in the first quarter. , An increase of 201.09% year-on-year.

In fact, my country has always been a big country for pig breeding and consumption. However, due to various factors, it has been plagued by the “pig cycle” all the year round. This time, after many real estate companies and Internet companies have entered the pig breeding market, can they change the problem? The situation of the neck may be the point.

Different from the volatility and decline of live pig prices, since December 2020, piglet prices have risen steadily. Even if they decline after the year, they are still higher than the live pig market prices. From this perspective, the market supply has more momentum for continuous pig raising. .

Perhaps it is a question of the uncertainty of the pig breeding sales market. The live pig futures listed on DCE have continued to fluctuate and fall after the market plummeted, and the pork sector in the secondary market is also more negative than positive. (Blue Whale Capital Xu Xiaochun xuxiaochun@lanjinger.com)

Screenshot source: Wind Specifically, as of the close, the Dow fell 321.41 points, or 0.94%, to 33815.90 points; the Nasdaq fell 131.81 points, or 0.94%, to 13818.41 points;S&P 500The index fell 38.44 points, or 0.92%, to 4134.98 points. U.S. stocks’ large technology stocks fell across the board,appleFell 1.17%,AmazonFell 1.58%,NetflixFell 0.02%,GoogleFell 1.13%, Facebook fell 1.64%,MicrosoftFell 1.31%. Bank stocks fell across the board, JPMorgan Chase fell 2.06%,Goldman SachsFell 1.29%,CitiDown 1.16%,Morgan StanleyFell 1.26%,Bank of AmericaFell 0.9%,FuGuo bankFell 1.23%. Energy stocks fell across the board,Exxon MobilFell 1.25%,ChevronFell 1.76%,ConocoPhillipsFell 1.14%,SchlumbergerFell 1.75%,Occidental PetroleumFell 1.47%. Popular Chinese concept stocks have mixed ups and downs.Big new energyUp 14.14%,TouchPal Technology (CTK.US)Up 9.86%,RenrenUp 8.28%,1 Medicine NetUp 7.11%,PinduoduoUp 3.61%,JingdongUp 0.52%,Sina WeiboUp 0.51%;Lots of roomsDown 11%,Learn fromFell 9.17%,Hong En EducationFell 6.55%,Canaan TechnologyFell 4.43%,AliFell 0.07%,Baidu GroupFell 0.04%. New energy auto stocks went up and down mixed,NIO (NIO.N)The car rose by 1.75%,Xiaopeng MotorsFell 0.74%,Ideal carRose 1.31%. In the news, it was reported that US President Biden proposed to impose a capital gains tax of up to 43.4% on the wealthy. In European stock markets, the London Stock Market “Financial Times” average price index of 100 stocks closed at 6938.24 points, an increase of 42.95 points or 0.62% from the previous trading day. The CAC40 index of the Paris stock market in France closed at 6,267.28 points, an increase of 56.73 points or 0.91% over the previous trading day.Frankfurt Stock MarketGerman DAX IndexIt closed at 15320.52 points, an increase of 124.55 points or 0.82% over the previous trading day. In terms of international oil prices, West Texas Intermediate (WTI) futures for June delivery on the New York Mercantile Exchange rose 8 cents, or 0.1%, to close at $61.43 per barrel; LondonIntercontinental Exchange (ICE)The price of Brent crude oil futures for June delivery rose 8 cents, or 0.1%, to close at $65.40 per barrel. In terms of international gold prices, the most active June gold futures price on the New York Mercantile Exchange gold futures market fell by 11.1 U.S. dollars from the previous trading day to close at 1,782 U.S. dollars per ounce, a decrease of 0.62%. As of the end of the New York trading session, the US dollar index, which measures the US dollar against six major currencies, rose 0.20% to 91.3389. (Zhongxin Jingwei APP)

Illustration. Recently, human resources for e-commerce and especially high-quality human resources are always a big problem hindering the development of e-commerce in the country. The Vietnam E-commerce Index 2021 report published by the Electronic Commerce Association (VECOM) on the morning of April 20 said that by 2020, the proportion of enterprises with full-time employees in e-commerce decreased significantly with previous years. According to VECOM, partly due to the great impact of the pandemic (Covid-19) and financial pressures, staff cuts and multiple roles were deployed by companies to maintain operations during difficult times. towel. Proportion of enterprises with full-time employees in e-commerce over the years. Specifically, in terms of enterprise size, the group of small and medium enterprises (SMEs) has only half the proportion of employees dedicated to e-commerce as compared to large enterprises. Arts – entertainment – entertainment and information – communication are the two fields with the highest percentage of employees specializing in e-commerce, accounting for 45% and 42% of the total number of participating enterprises, respectively. close in the same business field. Followed by the fields of finance – banking – insurance (38%) and professional activities – science – technology (31%). According to VECOM, in the past 3 years, the trend of enterprises having difficulty in recruiting skilled workers in e-commerce and information technology has increased. Therefore, promoting the training of human resources for this sector both in the formal and informal form are major issues that need to be addressed in the coming period. Employees in charge of e-commerce are classified by business fields The skills of website administration and e-commerce trading floors are still the skills that businesses are most interested in in recent years, 46% of businesses say they have difficulty in recruiting skilled workers. . START “SUPER APP RACING” Also according to the Vietnam E-commerce Index 2021, the proportion of enterprises with a mobile version website has not changed much compared to the previous years, it can be seen that most businesses no longer choose to build. build a separate website for the mobile version, instead it is a solution to build a new website with technology that automatically adjusts the interface to be compatible with different platforms such as computers, tablets, mobile phones … . Unlike the mobile version website, building applications on mobile platforms of the business requires a higher level than a normal website, instead want consumers to download and install and use regularly. The application requires to provide a variety of solutions, products and services suitable to many different needs of customers. Percentage of businesses developing sales applications on mobile platforms over the years. Notably, the year 2020 also appears the concept of super app, also means “super app”, referring to the role and advantages of apps providing an ecosystem for mobile consumers. According to a survey by VECOM, the proportion of enterprises with a sales application on mobile devices in 2020 will increase slightly compared to the previous year. The report also said that Android has always been the top platform for businesses to prioritize when building sales applications on mobile devices. In 2020, 75% of enterprises said that they would prioritize building applications on Android platforms (an increase of 5% compared to 2019), followed by iOS (48%) and Windows (37%). Most enterprises said that the average time spent by customers when accessing e-commerce website mobile version / sales application is very low. “It is time for businesses to change to further enhance consumer value from their mobile apps and websites,” the VECOM report emphasized.

The need to install safety nets for apartments is increasing quite high. After a baby escaped death after falling from the 12th floor of an apartment building in Hanoi, the number of orders for an apartment safety net has increased from a few orders to a few tens, even hundreds a day. Quickly called a mechanic to install a safety net for the apartment corridor, Mr. Nguyen Van Tien (Gemek 2 apartment building, Hoai Duc, Hanoi) said he bought this apartment since he got married, but at that time safety net is not installed because it is not really necessary. However, recently, after many unsafe cases in the apartment, especially the case of a baby falling from the 12th floor of an apartment building in Hanoi, he immediately called a mechanic to put a safety net for his family. me. However, it takes two days for someone to install it. The reason is that most stores are “burned” orders. “Buying an apartment house, my favorite is the wide and beautiful view, so when I first bought it, I didn’t want the view to be obscured by the safety net. Besides, when there are only two couples, the need for safety nets is not really necessary. But now, the couple has a new child, the baby is quite active, so I install a safety net for more peace of mind ”, Mr. Tien said. The mentality of Mr. Tien is the common mentality of many families living in the apartment today. That is also the reason why the safety net market for apartment buildings these days is vibrant again. Mr. Nguyen Van Thang, owner of a shop installing safety nets in Hoai Duc (Hanoi), said that in the past, his company’s staff often went to new apartments to hand over to offer. Usually, the number of orders will increase strongly if there are many apartments handed over in the batch. But in recent days, he hardly has to go to offer, but the number of customers calling to order the company is quite large. He said: “If normally, every day there are only more or less customers calling to order, just a few days ago, the number of customers has increased by 7.8 times. In particular, today, I received more than 100 orders. Because the demand has increased dramatically, we increase the installation even after the break and at night. There are even more customers who have to wait until the next day ”. Mr. Thang also shared, safety nets for apartments have many types, the price of mesh 3 mm diameter is 150,000 VND / m2; 2.5 mm in diameter is priced at 140 thousand VND / m2. If the window pane is less than 1 m2, the regulated price is VND 250,000, including construction and materials. Safety net is a system of parallel cable tension frame with a small distance, about 5 – 15cm, not through the head. In terms of structure, the frame system consists of two rigid aluminum bars positioned above and below. These aluminum bars have pre-perforated holes at a predetermined distance and the cable is continuously threaded through the holes into a mesh surface. Most safety nets are made of 304 stainless steel material with a diameter of 2.5 – 3.5mm, coated with corrosion-resistant HDPE or PE plastic, which is very durable and has good bearing capacity. Mesh has advantages such as high durability, good bearing capacity, no scratching of limbs upon impact, no rust due to humid air, especially suitable for the climate of Hanoi. Safety nets in balcony, loggias or windows prevent people, pets from falling or climbing out. Besides, it works to prevent clothes or other objects such as bonsai pots, bird cages flying or falling below. In particular, the safety net in the apartment building must be able to be cut with specialized tools if a fire or emergency occurs to serve the rescue and rescue work. Mr. Hoang Van Ngoc, owner of a store that installed safety nets in Ha Dong (Hanoi) shared more, for the convenience of customers, the apartment safety nets are installed with a clothes drying frame. . Depending on the needs of customers, the store will have appropriate advice, but it is important to ensure maximum safety for customers. “Although demand for safety nets has increased in recent days, we will not increase prices,” Ngoc said. According to the Vietnam Construction Code on housing and public works – safety of life and health issued by the Ministry of Construction in 2008, the minimum height of handrails is specified: Houses, offices, schools school, office and public works of loggias and terraces at the position of 9 floors or more, the minimum height is 1.4 m. For works used by children under 5 years old, the balustrade must be constructed not for children to easily climb over and the gap must not exceed 10 cm wide. With handrails or loggias used with glass material, the glass is protected by a fixture, ensuring it is solid, no gaps are inserted into the 7.5 cm-diameter sphere, difficult to climb over to prevent prevent falling. However, because children are hyperactive, it is difficult to foresee the risks. Low cost, fast construction time, durable, installing a protective net is one of the timely solutions to increase the safety of today’s apartment buildings.

Compared with last year’s quarterly report, this year’s A-share listed companies’ quarterly report performance is generally expected to be happy. The reason is that, on the one hand, the base number last year was low, and it is very difficult for performance growth this year compared to the same period last year; on the other hand, the expected economic recovery this year has risen significantly, and the performance recovery of listed companies will also be significantly enhanced.

In fact, due to the special environmental impact in the first quarter of 2020, the data in the quarterly report of listed companies last year did not have much reference. For the market, it is more willing to conduct a comparative analysis with the quarterly report data of 2019. In reality, although many listed companies reported a substantial increase in the performance of this year’s quarterly report compared with the same period last year, there is still a gap compared with the 2019 quarterly report. In other words, if the performance of a listed company in the first quarter of this year is stronger than that of the first quarter of 2019, then for this listed company, the growth advantage is still relatively obvious. On the contrary, it may reflect that the profitability of listed companies is not strong. It is just that compared with the first quarterly report of 2020, there has been a repairable performance, and the performance of market prices will naturally be greatly reduced. As a result, this can explain the reason why some listed companies have announced their performance pre-history, but the capital market does not buy it.

In addition, there is also a phenomenon that the performance of listed companies is growing well. This year’s quarterly report not only increased significantly compared with the same period last year, but also showed signs of growth compared to the first quarterly report of 2019. However, judging from the price performance of the secondary market, it is still being sold off by market funds, which may be related to the high valuation factors of listed companies themselves. Or, in the context of intensified institutional grouping and disagreement, there is pressure for institutions to concentrate on selling.

Since February 18 this year, the A-share market has shown a trend of “killing valuations”, which is mainly concentrated on the white horse stocks in the A-share market. However, from the perspective of these white horse stocks that have been sold by institutions, they mainly have the characteristics of institutional grouping, high valuations and large previous increases. In contrast, blue-chip stocks with low valuations and small gains in the previous period did not show a significant downward trend, becoming the most stable listed company this year.

The white horse stock market’s “killing valuation” is largely related to the anticipated advancement of the inflection point of loose liquidity, which is also a manifestation of partial de-bubble. In addition, as the “anchor” for the valuation and pricing of global core assets, the yields of US 10-year Treasury bonds have soared, which has also accelerated the compression rate of the global core asset valuation premium.

As the white horse stocks occupying a higher weight in the market, this round of irrational decline in the market has a greater impact on the market index. However, due to the impact of many large blue chip stocks, the decline in the market index is not very significant. Since the beginning of this year, the Shanghai Stock Index has performed relatively well in the Shenzhen market.

A shares fell below 3400 points again, and the total trading volume of the Shanghai and Shenzhen markets shrank to less than 700 billion yuan, which shows that the investment sentiment in the market has dropped to a freezing point. As the market continues to shrink, it actually heralds that the market’s turning point is approaching. However, from another perspective, if the major A-share market indexes have fallen below the half-year line and the annual line, and the average daily trading volume of the Shanghai and Shenzhen markets has fallen below the level of 500 billion yuan, then the A-share market may be declared Step into the bear market again.

Over the years, the A-share market has often been characterized by a bull market for only three years and a bear market for only five years. Whether this market curse can be broken this time, there are still certain unknowns. However, according to the current valuation level of the A-share market and the analysis of the economic environment, the A-share market does not yet have the basis for entering a bear market again. Even according to the relatively weak trend, it is difficult for the A-share market to re-enact the unilateral decline in 2015 and 2018, and it is more likely to complete the process of turbulence and bottoming in the form of time for space.

From the overall analysis, although the decline of the market index will be relatively limited, judging from the rapid decline of the White Horse stock in the last two months, the market is more inclined to partially defoam, rather than defoaming and deleveraging. Market. Compared with 2019 and 2020, the A-share market in 2021 will look more dull, and the structural market has become the main tone of this year’s market.

However, with the experience and lessons learned from the deleveraging market in the second half of 2015, at the level of policy supervision, the attitude of the bull market in the financial market may be cautious. However, under the background of the comprehensive advancement of the registration system, the support of a continuous bull market environment is required. Therefore, from a policy perspective, I do not want the stock market to see a trend of ups and downs. It is more likely that I hope that A shares will go out of 2016 to 2017. Slow Bull Quotes of the Year.

Source: GPLP Rhino Finance (ID: gplpcn)

“The first stock of children’s clothing” Annel (002875.SZ) performance report was released. Following the “cutting” of its performance in 2019, its net profit in 2020 has fallen sharply.

On April 15, Annel released the 2020 annual performance bulletin, stating that it achieved operating income of 1.257 billion yuan, a year-on-year decrease of 5.26%; a net loss of 47,783,900 yuan, a year-on-year decrease of 213.45%.

(Source: Annell’s 2020 performance bulletin)

Public information shows that Anner was founded in 2001 and listed on the Shenzhen Stock Exchange in 2017. It is mainly engaged in mid-to-high-end children’s own brand clothing, which is known as the “first share of children’s wear.”

Net profit declined for two consecutive years

Regarding the changes in performance, Annaer said that due to the impact of the new crown epidemic, its operating income has declined compared to 2019. The direct sales model has caused the related labor costs, rent and management expenses involved in the external lease of stores to remain relatively rigid. , The provision for asset impairment on the balance of long-term equity investment has caused certain adverse effects on its net profit.

At the same time, according to the announcement, Anner’s 2020 operating profit loss was 57.015 million yuan, a year-on-year decrease of 217.18%; the total profit loss was 56.809 million yuan, a year-on-year decrease of 216.02%.

As the “first share of children’s clothing”, Annell, is the decline in its net profit only due to the impact of the epidemic?

In fact, before the epidemic began, Annel’s performance had fallen sharply, and its net profit in 2019 fell by nearly 50% year-on-year.

In 2019, Annel achieved operating income of 1.327 billion yuan, a year-on-year increase of 9.41%; realized a net profit of 42.117 million yuan, a year-on-year decrease of 49.49%. The increase in revenue did not increase profit.

(Source: Annel’s 2019 Annual Report)

Annelle did not specifically explain the decline in its net profit in the 2019 annual report.

It is worth noting that the net cash flow generated by the company’s operating activities in 2019 was -46,172,700, a year-on-year decrease of 203.51%. It is understood that this is the first operating cash flow of Annel since its performance was disclosed in 2012. negative.

Business problems “misfortune never comes singly”

Seeing that the performance fell into the situation of “increasing revenue but not profit”, Annal began to find a way to solve it, but the results were very low.

In 2019, Annier increased its capital in Xinyu Infant with 24 million yuan in cash, obtained a 20% stake in Xinyu Infant, and appointed directors, and announced that it will form a synergistic effect with the well-known brand “Sunshine Mouse” under the cooperative enterprise.

Unfortunately, this cooperation lasted less than a year and ended in failure, and the synergistic effect that Annael hoped to form was not achieved.

Affected by the epidemic, Xinyu Yingtong suffered successive losses, coupled with a series of problems such as improper internal management of the company, until 2020, the company has been unable to issue even its annual financial statements.

When I met Xinyu Yingtong, I thought it was already a headache for Annel, but I didn’t expect that the problem that made him even more headache occurred in the same year.

At the beginning of 2019, Annel was brought to court by Honglian International. Honglian International filed a prosecution with the court on the grounds that Annel infringed on its 5 trademark rights, demanding that Annaer stop the infringement, publicly apologize and compensate 61 million yuan for economic losses.

In the end, Annal lost the lawsuit and compensated the other party with 3 million yuan.

However, misfortunes never come singly. After entering 2020, a large number of Annel’s stores have closed down, from 1,505 in 2019 to 1,280 by the end of 2020.

The children’s clothing industry should have been the most potential sector in the footwear industry. In recent years, the compound growth rate of the industry has exceeded 12%. However, the net profit of Annelle has been declining successively. Is the children’s clothing “not easy to sell”? Or is it Annell’s “not selling well” children’s clothes?

(This article is for reference only, and does not constitute investment advice, and operates at your own risk accordingly.)

Compared with last year’s quarterly report, this year’s A-share listed company’s quarterly report performance is generally expected to be happy. The reason is that, on the one hand, the base number last year was low, and it is very difficult for performance growth this year compared to the same period last year; on the other hand, the expected economic recovery this year has risen significantly, and the performance recovery of listed companies will also be significantly enhanced.

In fact, due to the special environmental impact in the first quarter of 2020, the data in the quarterly report of listed companies last year did not have much reference. For the market, it is more willing to conduct a comparative analysis with the quarterly report data of 2019. In reality, although many listed companies reported a substantial increase in the performance of this year’s quarterly report compared with the same period last year, there is still a gap compared with the 2019 quarterly report. In other words, if the performance of a listed company in the first quarter of this year is stronger than that of the first quarter of 2019, then for this listed company, the growth advantage is still relatively obvious. On the contrary, it may reflect that the profitability of listed companies is not strong. It is just that compared with the first quarter report of 2020, there has been a repairable performance, and the performance of market prices will naturally be greatly reduced. As a result, this can explain the reason why some listed companies have announced their performance announcements, but the capital market has not bought it.

In addition, there is also a phenomenon that the performance of listed companies is growing well. This year’s quarterly report has not only increased significantly compared with the same period last year, but also showed signs of growth compared with the first quarter of 2019. However, judging from the price performance of the secondary market, it is still being sold off by market funds, which may be related to the high valuation factors of listed companies themselves. Or, in the context of intensified institutional grouping and disagreement, there is pressure for institutions to concentrate on selling.

Since February 18 this year, the A-share market has shown a trend of “killing valuations”, which is mainly concentrated on the white horse stocks in the A-share market. However, from the perspective of these white horse stocks that have been sold by institutions, they mainly have the characteristics of institutional grouping, high valuations and large previous increases. In contrast, blue-chip stocks with low valuations and small gains in the previous period did not show a significant downward trend, becoming the most stable listed company this year.

The white horse stock market’s “killing valuation” is largely related to the anticipation of the inflection point of loose liquidity, which is also a manifestation of partial de-bubble. In addition, as the “anchor” for the valuation and pricing of global core assets, the yields of US 10-year Treasury bonds have soared, which has also accelerated the compression rate of the global core asset valuation premium.

As the white horse stocks occupying a higher weight in the market, this round of irrational decline in the market has a greater impact on the market index. However, due to the impact of many large blue chip stocks, the decline in the market index is not very significant. Since the beginning of this year, the Shanghai Stock Index has performed relatively well in the Shenzhen market.

A shares fell below 3400 points again, and the total trading volume of the Shanghai and Shenzhen markets shrank to less than 700 billion yuan, which shows that the investment sentiment in the market has dropped to a freezing point. As the market continues to shrink, it actually heralds that the market’s turning point is approaching. However, from another perspective, if the major A-share market indexes have fallen below the half-year line and the annual line, and the average daily trading volume of the Shanghai and Shenzhen markets has fallen below the level of 500 billion yuan, then the A-share market may be declared Step into the bear market again.

Over the years, the A-share market has often been characterized by a bull market for only three years and a bear market for only five years. Whether this market curse can be broken this time, there are still certain unknowns. However, according to the current valuation level of the A-share market and the analysis of the economic environment, the A-share market does not yet have the basis for entering a bear market again. Even according to the relatively weak trend, it is difficult for the A-share market to re-enact the unilateral decline in 2015 and 2018, and it is more likely to complete the process of turbulence and bottoming in the form of time for space.

From the overall analysis, although the decline of the market index will be relatively limited, judging from the rapid decline of the White Horse stock in the last two months, the market is more inclined to partially defoam, rather than defoaming and deleveraging. Market. Compared with 2019 and 2020, the A-share market in 2021 will look more dull, and the structural market has become the main tone of this year’s market.

However, with the experience and lessons learned from the deleveraging market in the second half of 2015, at the level of policy supervision, the attitude of the bull market in the financial market may be cautious. However, under the background of the comprehensive advancement of the registration system, the support of a continuous bull market environment is required. Therefore, from a policy perspective, I do not want the stock market to see a trend of ups and downs. It is more likely that I hope that A shares will go out of 2016 to 2017. Slow Bull Quotes of the Year.

However, as mobile phone competition continues to intensify, the rise of mobile phone brands such as Huawei, Xiaomi, vivo, and OPPO have continuously launched new mobile phone products, which makes Apple very uncomfortable! Apple has only one press conference a year, and it does appear to be a bit weaker in this regard, and Cook can only make up for it by cutting prices. There are a lot of iPhone models that have reduced prices, and iPhone XR and iPhone 11 have achieved good results.

And what we are talking about today is the iPhone 12 model. The Apple mobile phone released last year has not been a full year yet, but there has been a big price cut. Many netizens said they regretted buying it early. iPhone 12 has three versions of 64GB, 128GB and 256GB, all of which are directly reduced by 600 yuan. If most people will buy it, they will definitely choose 128GB body storage. At that time, the price of this mobile phone was 6799 yuan, and now it only costs 6199 yuan for a certain Dongfang, and the price-performance ratio has indeed improved a lot. In other words, iPhone 12 dropped from 6799 to 6199, 128GB+iOS14+5G, netizens: I regret buying it too early!

In fact, there is no need to regret it. After all, you can buy it first and experience it first. Besides, the iPhone 12 is not bad, so what do you regret? Now take everyone to take a look at this iPhone 12 mobile phone and see if it is worth buying after the price reduction?

In terms of appearance, the iPhone 12 still uses a full-screen design with bangs. There is nothing to say about this. After all, everyone is used to it. Thanks to the practical Face ID facial recognition technology, everyone will not complain! The difference is that the screen quality is better. The OLED material is used. Thanks to the return to the Founder design of the iPhone4s, it has also achieved a high screen-to-body ratio. The body weight is only 162g, which is really thin and light. It is very touching when I hold it in my hand for the first time. I sigh that Apple’s craftsmanship is really the world’s top level.

In terms of hardware, Apple has an absolute advantage in the mobile phone industry, which is the main reason why many people choose iPhone. The iPhone 12 is equipped with an Apple A14 processor. The chip uses a 5nm process. With the latest iOS14 system, the performance stability and fluency are not comparable to those of Android phones. In addition, it supports 5G network, which can be called a The strongest smartphone. In terms of cameras, this is the same as the iPhone 11, with a 12-megapixel dual camera at the rear, which supports ultra-wide-angle and night scene shooting. Many fruit fans are quite satisfied and can meet various daily complex shooting needs. Built-in 2815mAh battery, this capacity is considered good in Apple, but when running 5G, it is really not good.

Of course, in addition to the above, the iPhone 12 is also well-received in these aspects. For example, it supports dual-card dual-standby function. Chinese people are more in need of this. At the same time, it also supports wireless charging technology and IP68 dustproof and waterproof, which is quite practical!

In general, the iPhone 12 has many highlights. It has now fallen to 6,199 yuan, and the price/performance ratio has improved so much. If you like Apple phones and have 5G needs, this iPhone 12 is still worth considering, don’t you think? Welcome to the comment section to talk about your views!

On April 12, HK01 reported Han Quan Dinh, Miss Asia (ATV) in 1997, filed for bankruptcy to the court when he could no longer pay his debts.

Before Han Quan Dinh, there was no shortage of artists in the Hong Kong entertainment industry for many different reasons, but fell into deep debt, had to declare bankruptcy despite owning millions of dollars.

Pepper is insatiable

In its heyday, Hong Kong showbiz was considered to be the top entertainment industry. According to the OnThe slightly well-known B-class artist now also received a remuneration of more than $ 15,000. This figure for A star will be 3-5 times higher.

Therefore, many celebrities and amateurs after only a few works have accumulated a large amount of money, even becoming a giant of showbiz. However, many people also quickly get bogged down when suddenly holding a large amount of money.

They use all the money they earn to satisfy personal needs such as buying super cars, expensive clothes, luxury mansions or burning money on silver mats. Even, they are willing to use their money to “serve” the interests of friends or relatives. Unfortunately, this has pushed many artists into misery.

Chung Zhen Dao fell into a blank situation, partly because of Zhang Xiaohi’s wasteful spending habits. Photo: HK01.

Born in 1953, Chung Zhen Dao is a famous singer-actor of Hong Kong. He has known fans through many films such as God of Great Hiep 2006, East Achievement of Western Achievement, Goodness of the Heart, Shanghai Night, Martial Arts Center, Golden Gem …

A successful career, Chung Tran Dao once owned a fortune of 20 million USD, is one of the richest singers in Hong Kong. However, his legacy slowly wears his hat away after marrying poor-language actress Zhang Xiaoyu.

Dilettante God Condor for my wife is very generous, let her spend money freely. Zhang Xiaohui can spend more than $ 50,000 a month to buy luxury items from clothes to jewelry. Because of his wife’s lavish habits, Chung Tran Dao, even if he works hard, is not enough to pay.

Add to that the collapse of Hong Kong real estate that caused the male singer to declare bankruptcy in 2002 with a debt of 32 million USD. After that, Chung Zhen Dao was humiliated to discover that Zhang Xiaohui had an affair with another rich man. Until 4 years later, he did not pay off his debt.

Meanwhile, some stars “grill” millions of dollars just because of gambling. A typical case is Ngo Khai Hoa.

Ngo Khai Hoa defaulted on gambling. Photo: Sina.

Resounding success of Ỷ Thien Do Long signed TVB version brought Ngo Khai Hoa’s name to fame throughout Asia, becoming the classic Truong Vo Ky on screen.

However, Ngo Khai Hoa quickly became exhausted when he spent more money than he earned. According to the Sina, the actor is a gambling addict. He used to devour his fortune in casinos, debts piled up. In recent years, due to a slump in his career, Ngo Khai Hoa has to spend frugally to have enough money to support his daughter.

When she was born, she was also addicted to gambling because of her gambling addiction, she had to live on social benefits. In 2007, the media took pictures of Lam Khiet Anh going to Macau for gambling.

Just over 2 hours, beautiful beauty burned 13,000 USD once in a while. After losing, Lam Khiet Anh ran to a nearby ATM to withdraw all his money and play again.

Wrong investment

According to the HK01Another factor that contributes to many stars who do not play badly but still go bankrupt is their poor investment ability.

In the Chinese showbiz, most artists, when they earn their wealth, are conscious of having to invest their left-hand jobs to maintain their income after the glorious time or retirement. However, the lack of expertise and market acumen makes them easy to lose money and quickly run out of money.

Tran Bach Tuong is a typical case in wrong investment. According to the HK01He is the most famous record-setting celebrity with the most number of bankruptcy declarations in Chinese showbiz.

The Hong Kong star 4 times went bankrupt because of a business failure. Photo: Weibo.

Dilettante Ba Ho Street, Thu Huong point each went through 4 times of bankruptcy, of which up to 3 times of business failure. In 2015, he and his wife were even asked by creditors to put up a banner to repay the amount of more than $ 3.2 million in front of TVB headquarters.

In the years 1980-1990, Trinh Tac Si was the highest paid comedian in Cang Thom. He owns a huge fortune with a series of real estate, expensive super cars.

In 1993, Trinh and a few friends contributed capital to open a film company with the ambition to produce classics and hit hits. The film company is losing money, debt piled up after only a short time in business. Not only the wealth that has been accumulated for a lifetime, the actor himself also carries an additional debt of up to $ 2.5 million.

From the top star, Trinh fell to the bottom of the abyss. Even, he also accepted to act in level 3 to quickly pay the debt. For more than 10 years, the actor has so far paid off his debt and has stabilized his life with his wife and two children.

Meanwhile, Bat Mesopotamia was again wiped out by a storm of financial crisis in 1997. Not only a moment of nothing, his first wife, holding his arm, left home, leaving the young child behind for the actor to nurture.

Trinh Tac Si (left) and Bat Liang Kim were empty-handed because their investment failed. Photo: Sohu.

Before entering the artistic path, the male artist was the boss of a small-scale company. The will to advance plus the money to earn a lot of money, in the golden age, Bat Luong Kim owns a fortune of tens of millions of HKD, 9-storey villa and many luxury cars.

The troubled life makes the male artist many times think about suicide, but gave up because he was afraid that the child was orphaned. Later, he had to throw away his dignity, switch to high school film to earn money to support his son.

Family burden

Interview OnHan Quan Dinh said she faced a pile of debts after spending money to cure her biological mother with thyroid disease and end-stage lung cancer. The day her mother passed away, treatment costs reached $ 51,000, exceeding the ability to be responsible for Miss ATV 1997.

Years later, the actress worked hard, lived frugally to pay off the debt with 350 USD / month. To date, the remaining amount is more than 25,000 USD. Recently, due to the epidemic situation and unfavorable business, Han Quan Dinh has no income.

On HK01She admitted she was in a dead end. For the past two years, the beauty has had to live in the home of actor Thai Quoc Uy, fasted breakfast and dare not buy new clothes.

Han Quan Dinh shed tears when he talked about the current difficult situation with reporter On. Photo: On.

Former Miss Asia revealed many friends in the world when she saw her situation offered to help, but the beauty refused. “I appreciate and firmly believe in life in front of people’s hearts. However, I do not want them to be harassed by financial companies,” said the female artist.

After the interview, following Han Quan Dinh’s footsteps, the reporter saw her go to the market to buy food and cook. However, after a while considering the price, in the end, Han Quan Dinh quietly left empty-handed. The exhausting situation, unable to worry about the three meals of Hong Kong’s famous pink ball, once made the audience sour.

Family robbed of relatives

Luu Gia Huy was born in 1955, was once a famous martial arts star in Hong Kong. Throughout his artistic career, the actor is remembered by the audience for his role as Kim Falun King God of goodness 1995Niu Ma Vuong in Journey to the west, Chan in Ỷ Thien Do Long signed 2000, Ta Kiem Tien in Tien earned the third half.

His life suddenly turned tragic after the illness in 2011. This event also started the series of days that caused him both physical and mental suffering.

For many years, Luu Gia Huy relied on the financial support of close friends. Photo: Sina.

After he fell ill, his second wife, Ma Fei Phung, and two children plotted to rob the estate, pushing Liu Gia Huy to a nursing home. The oldest son colluded with his former assistant secretly scammed more than $ 230,000 of his film fees.

The incident caused the actor to fall into a needy situation, without money to pay the hospital fees. Luu Gia Huy has to sell the only house he lives in for medical treatment. Since then, he has relied on the care of nursing home staff and close friends.