First, why did A shares suddenly fall sharply today? What happened in the plate?

1. It is today that the types of basic metal types have fallen sharply, and we have to find the reason from the futures market. As we all know, the stock market reflects the need for price increases, and the price increase depends on the price of the futures market. However, some time ago, Commodity prices continue to rebound, hitting historical highs or new highs in recent years, triggering market speculation on the performance of related metal-type companies, triggering a substantial rebound in stocks, and many metal-type companies in the last three years. The monthly rebound space has reached more than 50%, and even more than several times the rebound space. In the recent period of time, under the trend of continuous suppression of commodity prices, commodity prices continue to fall sharply today, and commodity prices The most direct impact of the crash is the metal-type product company. Therefore, today, the metal-type company has experienced a sharp decline, which triggered the retreat of the second-tier blue chip stocks in the intraday session. This led to a substantial dive in the Shanghai Stock Exchange index. Is the most direct reason.

2. In this round of commodity boom, the main reason is that if the inflation of the U.S. dollar triggers the market through the rise in commodity prices, nitrification and inflation, and just today, the Bank of Russia began to sell U.S. dollars in large quantities. Today, the People’s Bank of China raised the reserve requirement for foreign exchange deposits from 5% to 7%, both in response to the US dollar. Both news detonated at the same time, triggering market concerns. This is the most fundamental reason for the decline in commodity prices today. The decline in commodity prices directly affected the metal-type related companies in the A-share market. This is a chain reaction effect. The decline in bulk commodities has become a trend, and the decline in related companies has also formed a trend, but we We all know that these metal types belong to the second-tier blue chip stocks. Although they have a certain impact on the trend of the A-share market, as long as they do not experience a sharp decline or collapse, the impact on the A-shares is still particularly limited. Therefore, after a wave of time-sharing rapid diving appeared in the intraday market, it is obvious that the ChiNext index has stabilized first and rebounded. Similarly, the Shanghai Composite Index has also experienced a second bottoming at the time-sharing level, so the impact is still limited. The market The market will return to normal.

   Second, today’s decline does not mean the end of the market. From the perspective of traders, this is an opportunity!

1. In the recent period of time, I have been repeatedly emphasizing the military industry and brokerage companies, especially the brokerage sector. I think that there was a rise and fall last Friday, forming a K-line pattern of fairy guidance in the K-line pattern. Therefore, for the second For new brokerage stocks, today’s intraday time-sharing level quickly dives, but it is an opportunity. For the military industry sector, there was an intraday market decline last Friday, but it is obvious that after the decline is ushered in a larger level of rebound. Today the market has become the dominant military industry sector. For the military industry sector, I have always emphasized certainty. It is necessary to have a mid-line thinking. For opportunities in this sector, it is showing a mid-line rebound. After all, the performance of the military sector will continue to explode this year. Compared with the current stock price, there is still a lot of room. , So the decline is more of an opportunity.

1. For the Shanghai Composite Index, the level of the Shanghai Composite Index dropped rapidly at midday, but we can take a look at the trading volume this morning. The Shanghai Composite Index alone is as high as nearly 300 billion yuan, which is already at the level of the sky. You have to know that it has been maintained at around 250 billion yuan some time ago, and the trading volume in just one morning is as high as nearly 300 billion yuan. So what does it mean to increase the trading volume? It means that the market’s trading activity has increased, and trading activity has increased, which means there is an opportunity. Everyone knows that the stock market is driven by funds. If the market continues to maintain a low-volume trading volume, then the market will not have any chance at all. We all know that the judgment of a market depends on the increase in trading volume, and today’s volume of the most recent day volume level is created, which means that the market will continue to explode, so you must believe that my current decline is an opportunity. Don’t miss it.

   1. Finally, I want to tell everyone that since I saw more A shares on May 14th, I have always emphasized that this wave of market is a wave of mid-line opportunities. I also especially emphasized the Shanghai Composite Index. The gap left on May 25 is a definite gap in the market. The market has just formed, and it is certain that it will not usher in a big skyrocket immediately. The market will definitely be divided into three stages. The first is a gap with a certain start-up of the gap, which means that the market is determined, and a mid-line level rebound is to be formed. The second gap represents an explosive gap, which means that the market will start one. It continues to explode, and the volume of transactions continues to grow. At this time, it is a market with a money-making effect, and this market is often very tempting. The third is the exhaustion gap. When the market has the third gap, it often means that the market is over. The reason is that every time the Shanghai Composite Index has three gaps, it will often Within a week, a top structure is formed, a sideways shock is formed at a high position, or a huge decline occurs.

   And now the Shanghai Composite Index is only in the evolution after the first gap, and the current trading volume is still very small. Although the volume is constantly increasing, although the market is moving forward in constant volatility, the market trend is still , So isn’t it an opportunity to call back at this time? Why do you want to be like rabbits? Run away! You must remember that you are a human being, and what you have to do is to pay attention to the bargain, not just run at the bottom.

Two of China’s top track and field athletes were among 21 people who died due to extreme weather during a 100km race in Gansu province on May 22. Those are two names that are no longer strange in the world of athletics: Luong Tinh, a super-marathon champion, and Hoang Quan Quan, a deaf long-distance runner. “We have lost the masters of this sport. This is an earthquake for our sport,” wrote one Weibo user. Luong Tinh in an earlier race in Hong Kong. Photo: Sportograf. Athletes had a hard time when the race was interrupted by temperatures dropping to freezing. Survivors said the weather forecast said there would be wind and rain, but did not mention anything as extreme as what they experienced. The mountain race had to be stopped when some of the 172 runners went missing, and a major rescue operation was launched. The regional government was heavily criticized for not having a contingency plan. China’s Central Commission for Discipline Inspection (CCDI) said that some local officials had put profit above safety, which led to the tragedy that left 21 people dead. Great loss Luong Tinh is one of China’s most successful ultra-marathon runners and is fondly called “Saint Liang” or “General Liang” because of his ability. The 31-year-old has won many long-distance races in the country, including the Ultra Gobi in 2018 – a 400 km race through the Gobi desert. According to pictures taken near the start of the race on May 22, which were widely circulated on Chinese media, he was only wearing shorts, a light jacket and a cap. By the time he was found by rescuers, he was already showing no signs of life. According to pictures taken near the start of the race on May 22, which were widely circulated on Chinese media, Luong Tinh was only wearing shorts, a thin jacket and a cap when running. Photo: Weibo. On Chinese social media, fans mourned his death, describing it as a “huge loss” for the country. “Without General Salary leading the way, who will the other super marathoners look to?”, one commented. Another victim, Hoang Quan Quan, 34, is known for winning the deaf men’s marathon at China’s 2019 National Paralympic Games. According to local media, he is a native of Sichuan, became deaf at the age of one after a “drug accident”, and also cannot speak. He did not excel in his studies and struggled to get a steady job. He often had financial difficulties and had to eat instant noodles for a meal. But what he does best is run, so he competed in races for years in hopes of winning the prize money. The May 22 race rewards runners 1,600 yuan ($248) each if they complete the run. Local media reported that after learning of his death, a friend of Hoang Quan Quan cried thinking about what he may have suffered in his final moments of life. “He’s deaf and can’t speak, he can’t even call for help,” said the unnamed friend. What happened at the race? On social networks are appearing more and more sharing about this race. The race starts at 9am on May 22. One survivor said the weather forecast caught them off guard. He felt that the weather was not normal that day, but the participants were not wearing warm enough clothes, many of them wearing short clothes. “I ran 2 km before starting to warm up… but the problem is that after running this 2 km, my body still hasn’t heated up,” the contestant said on her WeChat account. About three hours after the race started, the mountain track area of ​​the race experienced hail, heavy rain and high winds, causing temperatures to plummet, according to officials in the nearby city of Baiyin. A runner named Mao Shuzhi told Reuters : “The rain was getting heavier and heavier, at that time I had run about 24 km and had not reached the mountain.” She decided to go back to the hotel, and had been struggling with severe hypothermia on the way back. “At first, I regretted it, thinking it might just be a shower, but when I saw the gusts of wind and the big storm through my hotel room window when I returned, I felt so lucky because decided to come back.” Many athletes were stranded, cold and lost their way due to the weather affecting visibility. Rescue crews at the scene. Photo: AFP. An unnamed runner quoted by The Cover described the freezing rain as “bullets in the face”. He said there was a particularly steep section of the mountain and the open ground had nowhere to hide. “The rain really hurt, and the wind was so strong that you had to close your eyes,” he said. He added that even if someone brought a thermal blanket, it would be ripped apart by strong winds. Some of the runners who ran further fell off the trail into deep ravines. It is unclear how many of them survived. State media said a rescue operation involving more than 1,200 people with the help of thermal imaging drones and radar detectors had been launched. But rescue efforts have come too late for many victims. The incident has sparked public outrage on Chinese social media, mainly aimed at the Baiyin government and condemning the organizers’ lack of contingency plans. At a press conference on May 23, Mayor of Baiyin, Zhang Xuchen – who also fired the starting shot of the race – said: “As the organizers of the event, we feel guilty and We express our deepest condolences and sympathies to the families of the victims and those injured.”

The car of the female owner of the car’s roof rights defender is still parked in front of Tesla’s Zhongyuan Fota store Henan Business Daily reporter Zeng Lingtong Ma Qianhui article/picture At about 11 am on April 19, a woman wearing a white T-shirt with the words “Brake Failure” printed on the roof of the Tesla show car chanting “Tesla Brake Failure”, and was subsequently arrested by security personnel at the scene. take away. On the morning of April 20, the Shanghai police issued a notice that Zhang was sentenced to administrative detention for 5 days for disrupting public order. On April 22, the relevant Tesla staff responded: “The traffic data of the accident vehicle will be provided before 6 pm.” On the same day, the husband of the human rights defender also spoke. On the evening of April 22, Tesla released the data of the accident vehicle within 30 minutes before the accident. Human rights protection female car owner husband: We are very pleased that the relevant departments have spoken Ms. Zhang is still in detention, and as the situation continues to change, what does the owner of the car think about it? On April 22, a reporter from Henan Business Daily contacted Mr. Li, the husband of a Tesla car who advocated a lady on the roof of the car. In response to the sudden voice of the Zhengzhou market supervision department yesterday, Ms. Zhang’s husband said: “Yesterday, the voice of the Market Supervision Bureau and the Consumer Association made me very gratified. It must be a good thing to have someone’s support. Our real demand is to let Tes Pulling completely solves the technical problem of brake failure and reduces the harm to consumers. The brake failure is terrible.” “It doesn’t matter whether our car is retired or not, it doesn’t matter if we don’t retreat it or not. Now for this purpose, the car is a trivial matter. We have to speak for the public.” Mr. Li said. So how are Ms. Zhang’s family going to face this matter next? “At present, our car is still parked in front of Tesla’s Zhongyuan Fota store. I don’t know how to deal with the car afterwards.” Mr. Li said that Tesla’s handling methods and attitudes made him unacceptable. . As for how to deal with the follow-up, Mr. Li said that he can only decide after meeting with Ms. Zhang, because she is the owner of the car and must respect her opinions. The staff of Zhengdong New Area Market Supervision and Administration Bureau stated, “After Tesla Motors Sales Service (Zhengzhou) Co., Ltd. provides driving data to Ms. Zhang, we will actively organize both parties to find a third-party appraisal agency recognized by both parties for appraisal and supervision. The department will deal with it according to the results of the appraisal and effectively protect the legitimate rights and interests of consumers.” On the evening of April 22, Tesla released the data of the accident vehicle within 30 minutes before the accident. The text stated that the data showed that in the 30 minutes before the accident, the vehicle had more than 40 records of depressing the brake pedal. When the driver stepped on the brake pedal for the last time, the data showed that the speed of the vehicle was 118.5 kilometers per hour. Within 2.7 seconds after the driver stepped on the brake pedal, the maximum brake master cylinder pressure was only 45.9 bar. After that, the driver increased the stepping on the brake pedal, and the brake master cylinder pressure reached 92.7 bar. The front collision warning and automatic emergency braking function were activated (the maximum brake master cylinder pressure reached 140.7bar) and played a role, reducing the amplitude of the collision. 1.8 seconds after the ABS was applied, the system recorded the occurrence of the collision. After the driver stepped on the brake pedal, the vehicle speed continued to decrease, and before the collision, the vehicle speed was reduced to 48.5 kilometers per hour. To sum up, the vehicle is running at a higher speed, and the driver starts to depress the brake pedal with less force. After that, the automatic emergency braking function is activated and takes effect, increasing the braking force and reducing the impact of the collision. The driving system is normally involved in the work and the vehicle speed is reduced. In the 30 minutes before the vehicle accident, the driver drove the vehicle normally, with more than 40 records of depressing the brake pedal. At the same time, the vehicle exceeded 100 kilometers per hour and stopped repeatedly. Data released, what happened 1 minute before the accident On the evening of April 22, Tesla’s official Weibo posted: “We are willing to witness with the consent of the customer, the government’s designation or supervision, the tripartite witnesses, and any qualified and authoritative testing agency across the country will conduct testing.” Lawyer: The entire rights protection incident should be viewed from three perspectives From complaints to coordination of relevant departments, there has been no consensus, and then to car owners’ extreme rights protection detentions. Both car owners and car brands have paid the price. The process of Tesla women’s advocates for women’s rights protection is a microcosm of many extreme rights protection cases. How do professional lawyers view such rights protection? “In fact, the entire’Tesla female owner’s rights defense’ incident, we have to look at it from three perspectives,” said Qin Ming, the director of the Commercial Criminal Department of Beijing Jingshi (Zhengzhou) Law Firm. Regarding the practice of defending the rights of the female owner on the roof of the car, Qin Ming believes, “We can understand her feelings, but her practice is undesirable. The rights defense happened in public places and inside the Tesla showroom. So it affected Tesla’s normal business to a certain extent. It was discovered through the video that the lady’s behavior did violate the law on public security management and punishment, so the police eventually took her into administrative detention. This punishment is no problem.” Secondly, after the rights protection incident occurred, Tesla or the relevant staff of the exhibition party “shelf” the rights protection woman out, whether there is any illegal behavior. “After the incident, there were mixed opinions on the Internet. Many people questioned whether Tesla employees took the woman off the car and took temporary control, whether it was suspected of breaking the law. In fact, from my personal point of view, I I feel that there is nothing wrong with this behavior. In fact, any citizen has the right and obligation to stop the behavior after it is discovered that there is an illegal or criminal behavior, and the woman disturbs the normal working order of the Tesla showroom, so she is dragged. It’s actually not a big problem to come down and control it briefly.” Qin Ming said, “We don’t care whether there are quality problems with the car for the time being. Why, after the incident, the status quo of online comments suddenly became a large-scale rights protection site. I think this is also a question that Tesla needs to reflect on. In addition, as the most important Tesla is also obliged to provide information such as driving data recorded in important driving computers to consumers.” Finally, attorney Qin Ming reminded consumers that when encountering rights protection matters, they must take reasonable and legal ways, and be calm and rational. “Only in this way can we better protect ourselves and safeguard our rights.” Qin Ming said.

At present, more than half of the financial reports of A-share listed pig companies have been disclosed. In 2020, the net profit of Wen’s shares is about 7.426 billion yuan, a year-on-year decrease of 46.83%. In contrast, Muyuan’s 2020 performance report shows that it belongs to listed companies The net profit of shareholders is approximately 24.751 billion yuan, a year-on-year increase of 348.97%. The net profit of Wen’s shares is less than one-third of Muyuan shares.

On April 22, Wen’s shares closed at 15.16 yuan per share, a single-day drop of 2.82%, and a total market value of 96.622 billion yuan.

“The most profitable listed pig company” is no longer aura, Wen’s shares report the reasons for the decline in performance

The financial report shows that in 2020, Wen’s shares will achieve operating income of approximately 74.924 billion yuan, an increase of 2.47% year-on-year; the net profit attributable to shareholders of listed companies is approximately 7.426 billion yuan, a year-on-year decrease of 46.83%; the deduction of non-profits attributable to shareholders of listed companies The net profit from recurring gains and losses was approximately 6.381 billion yuan, down 51.11% year-on-year.

Facing the decline in performance, Wen’s shares said there are three reasons.

First of all, due to the oversupply of the live poultry market and the declining demand for poultry meat in the catering industry under the new crown pneumonia epidemic, the sales price of live poultry has dropped significantly compared with the same period in 2019. In 2020, Wen’s shares will sell 1.051 billion broilers (including hairy chickens, fresh products and cooked foods), and 56.928 million meat ducks (including hairy ducks and fresh products). The average sales prices of hairy chickens and hairy ducks have dropped by 21.79% year-on-year. 32.94%, the profit of chicken and duck farming business fell sharply year-on-year, and there was a large loss.

Secondly, in 2020, the impact of the domestic African swine fever epidemic will still be severe. In order to control risks, Wen’s Co., Ltd. proactively adjusted the progress of piglet distribution and production in the early stage. During the reporting period, the company’s pig production decreased accordingly; in addition, under the influence of the African swine fever epidemic, it actively eliminated some threatened sows and kept sows. The overall production performance of the pigs has declined, resulting in a phased reduction in the number of healthy piglets on the breeding farm. At the same time, the market rate of pigs in the fattening process has also declined.

As a result, Wen’s shares will sell 9.5455 million pigs (including hairy pigs and fresh products) in 2020, a year-on-year decrease of 48.45%. Although during the reporting period, the company’s average sales price of hairy pigs increased by 79.95% year-on-year, the sales revenue of pigs (including hairy pigs and fresh products) only increased by 0.72% due to the large year-on-year decline in the sales volume of pigs (including hairy pigs and fresh products).

Third, in order to increase the stickiness of farmer cooperation and promote the stable and continuous growth of breeding resources, Wen’s Co., Ltd. will implement the “company + farmer” long-term cooperation mechanism in the second half of 2019, sign long-term cooperation agreements with cooperative farmers, and set up The related rules on poultry listings and net profit share income with raisers. During the reporting period, the amount of income shared by cooperative farmers was 1.19 billion yuan.

When the pig price went up, the sales volume missed a good opportunity. Now, the pig price goes down, and Wen’s quarterly report this year is not good.

In the first quarter of 2021, Wen’s shares achieved operating income of 16.816 billion yuan, a year-on-year decrease of 3.60%; net profit attributable to shareholders of listed companies was 544 million yuan, a year-on-year decrease of 71.28%.

At a time when net profit fell, the executive team’s salary increased sharply last year, and the stock incentive plan attracted the attention of the exchange

Although last year’s performance was not satisfactory, Wen’s senior management team is raising salaries. In 2019, Wen’s Co., Ltd. paid a total of RMB 63,299,100 to a total of 26 directors, supervisors and senior managers; in 2020, Wen’s Co., Ltd. paid a total of RMB 96,123,300 to a total of 30 directors, supervisors and senior managers.

Shell Finance reporter noticed that the annual salary (before tax) of Chairman Wen Zhifen and Vice Chairman Yan Juran has increased from RMB 5,244,100 and RMB 5,236,700 respectively in 2019 to RMB 6,886,100 and RMB 6,229,400 in 2020. In other words, Chairman Wen Zhifen increased his salary last year by 1.64 million yuan, and Vice Chairman Yan unexpectedly increased his salary last year by nearly one million yuan. The annual salary (before tax) of Wen Pengcheng, Wen Junsheng, Wen Xiaoqiong, Huang Songde, and Yan Juneng, the directors of Wen’s Co., has increased from 5.0496 million yuan, 2.2803 million yuan, 3.188.8 million yuan, 1.4762 million yuan, and 2.18224 million yuan respectively in 2019 to 2020. In the year, 5.788 million yuan, 2.3104 million yuan, 4.686 million yuan, 1.8468 million yuan, 3.0932 million yuan.

In addition, the above-mentioned seven people will not receive compensation from Wen’s related parties in 2019, and will receive compensation from Wen’s related parties in 2020.

The actual controllers of Wen’s shares are the Wen family, specifically Wen Pengcheng, Wen Junsheng, Wen Zhifen, Wen Xiaoqiong, Liang Huanzhen, Wu Cuizhen, Wen Zirong, Chen Jianxing, Liu Rongjiao, Sun Fen, and Gu Jinying, a total of 11 people.

Yan Juran and Yan Juneng are brothers; Huang Songde, born in 1953, has a bachelor’s degree. In 1992, he joined Wen’s predecessor and served as director of the company’s office, vice president, secretary of the board of directors, and director.

In addition to a substantial salary increase for executives, Wen’s recently proposed third-phase restricted stock incentive plan has also attracted attention.

The draft shows that the incentives granted by the incentive plan for the first time do not exceed 3741 people, including company directors, senior managers, actual controllers and their spouses and children. According to the announcement, the incentive targets involved 9 people including Chairman Wen Zhifen, Honorary Chairman Wen Pengcheng, Director Wen Junsheng and Wen Xiaoqiong. The above 9 persons will be awarded a total of 6.33 million shares. Calculated according to the closing price of Wen’s shares today, the total market value of these shares is about 95.96 million yuan.

“The company has the face to motivate itself in this way,” some investors expressed dissatisfaction with the incentive plan in the stock bar.

On April 20, the Shenzhen Stock Exchange issued a letter of concern to Wen’s shares, asking Wen’s shares to explain: “The actual controllers of the company’s Wen family members, their spouses, parents, and children’s specific positions and main responsibilities are planned to be Whether the basis and reasonableness of the number of shares granted are consistent with their duties and contributions.”

Pork prices have dropped for 12 consecutive weeks, what should pig companies do?

On April 19, the Ministry of Agriculture and Rural Affairs released information that “the average weekly price of pork in the wholesale market was 31.62 yuan per kilogram, a decrease of 2.8% from the previous month, which was a 12-week decline, with a cumulative decrease of 33.1%, which was 30.1% lower than the same period last year.”

Recently, the reporter visited and found that more than 10 yuan a catty of pork had appeared in the supermarket.

Faced with the downward price of pigs, how do pig companies respond?

Wen’s shares said: “In 2021, the price of commodity pigs is expected to remain at a relatively high level, and the annual average price is estimated to be 22-24 yuan/kg.”

In 2021, Wen’s stock plan: “The pig industry should continue to strengthen the construction of the biosafety system, and through the implementation of the most stringent biosafety prevention and control measures, the threat of the disease will be minimized, and the goal of the 2021 slaughter plan will be completed with all efforts. To lay a solid foundation for the goal of slaughter pigs in 2022. Reshape the pig breeding system and improve the breeding capacity and quality of breeding pigs.”

On March 16, Muyuan said: “Currently, there is still a gap between supply and demand. Compared with other normal years, the price of live pigs has increased by more than 10 yuan/kg. Although live pigs are bulk commodities, China’s consumption of fresh meat is the main product. The characteristics determine that market clearing can be achieved through price adjustments every year, and the elasticity of supply is greater than that of the industry, and it is unlikely that the industry will suffer continuous long-term losses.

According to media reports, on April 20th, Chen Guanghua, Deputy Director of the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture and Rural Affairs, introduced at the meeting: “The main reason for the recent sharp drop in pig prices is the significant increase in live pig production and the decline in pork consumption after the Spring Festival. The two factors have come together. In addition, some farmers panic slaughter has formed a “stomping effect”. According to the trend of the annual pig price, around the Dragon Boat Festival, as the consumption of pork increases, the price of pigs may rise. But. Calculating from the number of newborn piglets in the previous period, it is expected that in the second quarter, the year-on-year increase in fat pig output from large-scale pig farms across the country will reach 50%. The market supply is generally abundant, and the price is unlikely to exceed the previous high.”

“On the whole, the most tight period of pork supply has passed, and the supply will become more and more loose in the later period. According to the current production recovery momentum, in June and July this year, the live pig inventory is expected to return to the level of normal years. There will be four more years later. In about a month, the monthly output will gradually return to the average level.” Chen Guanghua said.

Beijing News Shell Finance reporter Yan Xia editor Li Weijia proofreading Li Shihui

Although the first anniversary of the unprecedented negative oil price “black swan” event has passed, its impact on the market has not disappeared.

Brokers China reporter noted that in recent times, many banks have adjusted their precious metal businesses one after another. For example, if they have raised investor risk tolerance limits, they have also gradually shut down and suspended their precious metal businesses.

Some senior executives close to major banks revealed to the brokerage China reporter that in the current international environment, banks’ initiatives are mostly voluntarily shrinking in response to regulatory requirements, aiming to take precautions. The reporter also learned from some large state-owned banks and joint-stock banks that current banks are putting “preventing business risks” to the forefront, and business adjustments are also out of consideration for risks and hedging responsibilities.

Zhou Maohua, an analyst at the Financial Markets Department of Everbright Bank, told reporters that the current adjustment of precious metals business has limited overall impact on domestic investors. First, domestic banks have not completely closed such business windows. Second, the domestic futures market has developed very rapidly and the market depth has increased significantly. .

Tightening of precious metals business

In fact, since March, a number of banks have announced their tightening plans for precious metals business. If there are restrictions on raising the risk tolerance of investors, there are also measures such as gradual shutdown and suspension of precious metals business.

“Considering the high risk in the precious metals market, ICBC will further restrict its account-based precious metals business in the future. For customers who have account-based precious metal holding balances, it is recommended that you choose the opportunity to reduce your holdings to prevent and control your own risks.” ICBC pointed out in a recent announcement.

ICBC The official website announced on April 20 that in order to comply with the changes in the market situation, the bank will adjust the account precious metal business rules and trading system on May 23 this year, including but not limited to: raising the account precious metal product risk level to level 5 (R5), and the requirements of customer risk tolerance assessment results are adjusted to an aggressive type (C5); the account precious metal business functions are gradually closed for customers who meet certain conditions without positions.

April 9th, China Merchants Bank According to the announcement, the risk level of the two-way paper gold and silver and real paper gold and silver business has been adjusted from the original “R3 medium risk” to “R5 high risk”. Existing customers whose risk assessment results are lower than “A5 (aggressive)” cannot conduct two-way New opening transactions for paper gold and silver and new purchase transactions for real paper gold and silver. At the same time, adjustments were made to the starting point of a single transaction for related businesses.

March 30, Shanghai Pudong Development Bank The announcement stated that the account-based precious metal business will be suspended from opening trading on April 6, and the implementation of the stock precious metal fixed investment plan will be suspended. In addition, at the end of this month, the bank will collectively terminate contracts for customers who have no positions in account precious metals business and precious metals fixed investment business. Not long ago, Shanghai Pudong Development Bank also announced that it had adjusted its personal precious metal business as an agent of the Shanghai Gold Exchange, and it had tightened its position limit and contract margin ratio.

March 11, Industrial Bank The announcement also shows that the account precious metals system will stop newly opened positions starting on the 6th of this month; positions that have not been closed after September 30 will be closed by the bank.

In the announcements of the above-mentioned banks, the “prevention of business risks” has been moved to the forefront.

However, some banks stood still. A grassroots person from a major bank in East China told a brokerage China reporter that his grassroots institution has not yet received the notice of adjustment of precious metals-related businesses, but from a risk perspective, it is mainly related to the fluctuation of international gold. The employee bluntly said: “Our grassroots The bank’s business adjustment signs are not obvious, and no specific notice has been received.”

Market risk is in dynamic change, aiming to take precautions

Some senior executives close to major banks revealed to the brokerage China reporter that under the current international market environment, the bank’s initiatives are also actively shrinking in response to regulatory requirements, aiming to take precautions.

“In fact, we just think this thing is too risky and we don’t want customers to do it, but we can’t stop it directly, so we raised the risk level and suggested that they don’t move it.” The person spoke bluntly to reporters.

Why did you choose to tighten adjustments at this time? Many people in the industry said that this is actually the performance of financial institutions to guard against market volatility risks.

Zhou Maohua, an analyst at the Financial Markets Department of Everbright Bank, pointed out to reporters that since April, the overall trend of overseas markets has been “abnormal”, and the recent global epidemic has experienced repeated trends, national policies have diverged, differences in U.S. inflation expectations have been difficult to bridge, and geopolitics have emerged one after another. It indicates that the volatility of precious metals in the external market may increase, and financial institutions will tighten their account precious metal investment business and reduce their exposure to precious metal investment risks.

Some market analysts also told reporters that banks are now following up and making adjustments to avoid risks, mainly out of consideration of risks and responsibilities for hedging. In addition, the epidemic has improved, the U.S. economy has begun to recover, U.S. bond yields have risen, the Fed’s interest rate hike expectations have increased, and the U.S. dollar index has increased, which has caused a certain impact on the price of gold. To prevent it from causing losses in a fluctuating economic environment”.

Specifically, the bank’s move is to implement the appropriate management obligations of financial institutions. “Market risk is undergoing dynamic changes, and the volatility of foreign-market futures businesses is often greater. Financial institutions adjust risk ratings based on actual conditions to ensure that investors’ risk appetite and tolerance are more matched.” Zhou Maohua mentioned that the bank’s move would also help. In order to reduce some potential investment disputes in the future, and maintain its own market reputation.

Zhou Maohua further analyzed that, from some cases, banks may face risks in external disk business in several aspects: first, market risk, market risk of external disk volatility, especially commodity futures business, which is relatively more volatile; second, regulatory and reputation risk , “To attract customers” may also cause some banks to effectively perform investor suitability management obligations, and this may cause investor disputes, resulting in damage to the institutional market reputation; the third is the stability of the information system and the operational risks of traders.

The first anniversary of the negative oil price “black swan” event

Last year, the May contract price of US crude oil futures fell into a “negative value” event, which is also one year old. Judging from the intuition of industry insiders, there have been obvious changes in both the regulatory authorities’ strengthening of the protection of investors’ legal rights and the vigilance of institutions.

“The’Black Swan’ incident is very scary. As a bank, I have never encountered such a situation before.” A senior practitioner from a major industry told reporters frankly that once such a situation is encountered, whether it is personal economic or social impact At the level, banks have to bear a lot of responsibilities, “so be more careful now, and the related risks are tightly guarded.” Zhou Maohua also said that in recent months, banks have successively tightened related external disk businesses, which itself shows that institutions have significantly increased their vigilance against potential risks of similar businesses.

Some analysts said that in the short term, it will be relatively difficult to reopen new accounts for precious metals customers, and some banks will also shrink their personal account transactions.

Both investors and banks have suffered certain losses. “There is still much room for improvement in the experience and ability of Chinese banks to participate in international futures transactions. The professional quality training of relevant personnel and the design of related products by banks are in urgent need of improvement.” A senior bank practitioner told the brokerage China reporter. At the same time, the “oil treasure” incident should also be alert to domestic investor education.

From a literal perspective, “investor education” refers to the dissemination of investment knowledge and experience to individual investors by institutions, departments, etc., but investor education is also a process of investors’ self-learning, exploration, and improvement, as well as the mentality of individual investors. The process of maturing experience and ideas, but the basic requirement of institutions with relevant advantages is to perform investor suitability management obligations. Zhou Maohua predicts that before the precious metals market becomes clear, institutions will continue to be cautious about the business in the short term, and the major banks have a demonstration effect. It is not ruled out that some banks will follow up in the future, but it does not mean that institutions will completely shut down such businesses. business.

“The overall impact on domestic investors is limited. On the one hand, domestic banks have not completely closed such business windows; on the other hand, the domestic futures market has developed very rapidly. The depth is significantly enhanced.” Zhou Maohua said bluntly.

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On the cusp of trouble! The video of Tesla’s fire went viral, and the male passenger was unfortunately killed! Police: The cause is still under investigation! Accidents happen frequently, so does BYD have a chance?

what’s the situation? The stock market in this country suddenly plummeted, and the central bank showed an “eagle face”? Canada has taken steps to tighten, and the world is waiting with bated breath for tonight’s big show. Is it really going to change?

See also rumors that detonated the market! The two brokerage companies want to merge? The stock price rose instantly! Founder lost more than 100 people during the year. What happened?

Swipe! 3 billion market value is not accepted?The small market value is being abandoned by funds, the research cost of small-cap stocks is too high, and the fund manager: it is difficult for the black chicken to become a phoenix

What signal? Hundreds of billions of Zhang Kun increased positions against the market in the first quarter! 20 billion of funds are fully supported, continue to sweep into liquor stocks, and increase the allocation of bank stocks by 10 points

Heavy! The China Securities Regulatory Commission has clarified the nature of science and technology innovation, and financial technology and model innovation companies are restricted from listing on the science and technology innovation board!New indicators for the proportion of scientific research personnel, see the latest revision

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In today’s morning, the Mao Index rose sharply, with the highest intraday increase of 2.65%, and the morning closing rose by 2.05%. The market value increased by about 380 billion in half a day based on market value! Some funds are heavily involved in the performance of white horse stocks.

Among them, “Yan Mao” Aier Ophthalmology surged over 11.74%, and its net profit in the first quarter increased by more than 5 times; the “big four” liquor also surged, Luzhou Laojiao rose by 2.67%, Kweichow Moutai rose by 2.21%, and Wuliangye rose by 2.12 %, Yanghe shares rose 1.73%.

The sci-tech innovation board “demon stocks” hit the daily limit again in the hot scene of biology, which has risen by more than 300% this month.

In addition, carbon-neutral concept stocks rose in the early trading, with Shouhang Hi-Tech, Chengbang Co., Ltd., and West China Energy trading at their daily limit.

In early trading today, the market as a whole was weak and volatile, and individual stocks diverged around quarterly performance. As of midday, the Shanghai Composite Index rose 0.05% and the Shenzhen Component Index rose 0.75%. The turnover of the two cities was 499.33 billion yuan. 981 stocks rose and 3192 stocks fell. The index rose more than 2% at one time and regained its 3,000-point mark. .

Beijing Capital (Foreign Investment) bought 5.318 billion yuan in the morning

On the disk, the medical industry, solid-state batteries, genetically modified, automotive chips, gallium nitride and other sectors led the gains. Online travel, medical beauty, digital currency, dairy, and blind box economy led the decline.

The national carbon market welcomes heavy news

Carbon neutral concept stocks soar

Carbon neutral concept stocks rose in the early trading, with the daily limit of Shouhang Hi-Tech, Chengbang, and West China Energy, and Changyuan Power, Sinoma Energy Conservation, Yuanda Environmental Protection, China Southern Power, and Taiwan Nuclear Power all hit the high.

According to Xinhua News Agency, last night (April 22), President Xi Jinping delivered a speech entitled “Together to Build a Community of Human and Natural Life” at the “Leaders’ Climate Summit”. It mentioned a series of new measures that China is going to take, including incorporating carbon peaking and carbon neutrality into the overall layout of ecological civilization construction. It is formulating a carbon peaking action plan, carrying out carbon peaking actions extensively and in-depth, and supporting places and places where conditions permit. Key industries and key enterprises are the first to reach their peaks.

At the same time, China will strictly control coal power projects, strictly control the growth of coal consumption during the “14th Five-Year Plan” period, and gradually reduce it during the “15th Five-Year Plan” period. In addition, China has decided to accept the “Montreal Protocol” Kigali Amendment, strengthen the control of non-carbon dioxide greenhouse gases, and will also initiate online trading on the national carbon market. In addition, the national carbon market will issue registration transaction settlement rules as soon as possible, and will formulate implementation plans for peaking carbon in coal, power, steel and other industries.

The rise of Mao Index has increased its market value by about 380 billion!

“Eye Mao” and “Baijiu Mao” soared

The Mao Index rose sharply in the morning today, with the highest intraday increase of 2.65%, and the morning closing rose by 2.05%. The market value increased by about 380 billion in half a day based on market value! Some funds are heavily involved in the performance of white horse stocks.

Among them, the medical Whitehorse has strengthened across the board, and Aier Ophthalmology has expanded to 11.74%. Aier Ophthalmology announced last night that the company achieved operating income of 3.511 billion yuan in the first quarter, an increase of 113.9% year-on-year; net profit was 484 million yuan, an increase of 509.88% year-on-year. The net profit for the whole year of 2020 will be 1.724 billion yuan, a year-on-year increase of 25.01%. It is planned to send 1.5 yuan for 10 to 3 transfers. In addition, Mindray Medical rose 5.97%, WuXi AppTec rose 5.58%, Tongce Medical and Pien Tze Huang also rose.

It is worth noting that the “big four” liquors rose sharply in early trading today. Luzhou Laojiao rose by 2.67%, Kweichow Moutai rose by 2.21%, Wuliangye rose by 2.12%, and Yanghe shares rose by 1.73%. The remaining liquor stocks performed relatively weakly.

The sci-tech innovation board demon stock hot scene biology once again closed the board

This month has risen more than 300%

In terms of individual stocks, the sci-tech innovation board “demon stocks” hit the daily limit again in the market, which has risen by more than 300% this month. As of midday, Hotview Bio was up 19.22%.

In addition, stocks that saw their performance rose sharply, such as O.R.G., rose more than 8% in early trading. Origen announced on the evening of April 22 that the company achieved operating income of 3.072 billion yuan in the first quarter, a year-on-year increase of 64%; net profit was 296 million yuan, a year-on-year increase of 572.51%; basic earnings per share were 0.12 yuan.

Gigabit hit its daily limit in early trading. It was announced last night that it intends to transfer 3.37% of Xiamen Celadon Digital Technology to three companies including Tencent Ventures, totaling more than 300 million yuan.

China Diving shares continued to lower the limit at the opening today, which is a 20% limit for four consecutive days. The stock has fallen by as much as 62% in the past 5 trading days. CICC stated that although the “mid-term adjustments” may continue, considering that the current market has limited room to continue downward, it suggests that some valuations have been adjusted more and the industry’s long-term growth sectors are expected to be deployed in advance. As of midday, China Diving shares fell 5.77%.

Editor: Captain

In the first quarter of 2021, traffic traffic accidents in Long An province increased by 3 criteria. On the morning of April 23, Mr. Dang Hoang Tuan, Director of the Department of Transport, Deputy Head of Traffic Safety Committee of Long An province said that in the first quarter of 2021, traffic accidents in the province increased all 3 criteria (number of cases, number of deaths, love). Accordingly, the whole province has had 40 cases of road traffic accidents, killing 25 people, injuring 28 people (compared with the same period in 2020, there are 9 cases, an increase of 9 deaths and an increase of 7 injuries). There are 3 localities where traffic accidents occurs most in the city. Tan An, Ben Luc and Duc Hoa (7 cases per locality). According to the assessment of the Provincial Traffic Safety Committee, in the first quarter, there were 2 very serious traffic accidents, killing 4 people, injuring 3 people. Traffic accidents increased mainly due to the awareness of people traveling in the wrong part of the lane, and the awareness of responsibility of some leaders of agencies, units and local authorities, especially the authorities. grassroots level is not strong enough, shows subjective signs, neglect, even lax, lack of responsibility, leading to traffic accidents in rural areas to increase. Next time, the Provincial Traffic Safety Board requires leaders of agencies, units and local authorities to raise their morale and responsibility in ensuring traffic order and safety. At the same time, localities attach importance to law propaganda and education and building traffic culture, especially in rural areas. The police force of the Long An province police force checked and handled the concentration of alcohol and drugs. “Consolidating and re-establishing the Provincial Traffic Safety Board Office (merged by the Office of the Provincial Traffic Safety Committee previously to the Department of Transport). This, the Department of Transport is preparing documents to submit to the Provincial People’s Committee for decision “, Mr. Tuan emphasized According to Senior Lieutenant Colonel Van The Thai, Head of Traffic Police Department of Long An province, in order to reduce traffic accidents, the traffic police force strengthened the patrol, control and strictly handled violations of traffic order and safety. Determined to handle passenger cars carrying workers speeding, trucks carrying construction materials with oversized trunks. In addition, to better carry out the coordination direction, strengthen the force to inspect and handle violations of traffic order and safety in rural areas, inter-village and inter-commune roads. Opening a rush to handle alcohol and drug concentrations At the same time, coordinate with traffic traffic forces, branches and localities to focus on clearing sidewalks, spontaneous markets, road safety corridors, to avoid encroachment and loss of traffic safety.

April 16, a very ordinary day. But if you taste carefully, This is another turbulent day. To China, to the United States, to Russia, and to Japan, it is all!

A series of major events are happening at a breathless rhythm, some of which have far-reaching impact.

The struggle is heating up.

From a completely personal point of view, at least 10 major events, many of which are related to China.

In the first incident, the United States imposed comprehensive sanctions on Russia.

It’s really ruthless.

Two days ago, Biden and Putin had just talked, and two days later, the United States was ruthless. Russia is still the enemy of the United States.

Among them are financial sanctions. The U.S. Treasury Department ordered that from June 14th, U.S. financial institutions are prohibited from directly purchasing Russian government ruble bonds. To some extent, this is financial strangulation.

There are also direct sanctions. They sanctioned 6 Russian technology companies on the grounds of cyberattacks by Russian intelligence agencies; sanctioned 32 entities and individuals on the grounds of interfering in the US presidential election; sanctioned 8 entities and individuals on the grounds of the Crimea issue. personal.

and also, Deported 10 Russian diplomats stationed in Washington. To expel diplomats, this is the fiercest diplomatic battle.

Taking into account the situation on the Ukrainian border, once Russia does exchange fire with Ukraine, more sanctions will be on the way.

In the second incident, the little brother also attacked Russia.

The United States took a cruel hand, and the little brother immediately followed.

A few hours later, Poland summoned the Russian ambassador and informed the latter that three Russian diplomats were listed as “unwelcome persons.” The Polish statement also made it clear that it supports the actions taken by the United States against Russia.

Poland is a weather vane.

This also means that More Russian diplomats in the West must be prepared. This will be a large-scale expulsion war.

In the third incident, Russia fought back. How can Russia swallow this bad breath? On the 15th, the Russian Ministry of Foreign Affairs also summoned the American ambassador and screamed. Zakharova, a spokeswoman for the Russian Ministry of Foreign Affairs, said: “(The United States) will obviously receive a firm response to such aggressive behavior, and a response to sanctions will be inevitable. The United States should realize that it must be forced to act for both sides. The deterioration of the relationship pays the price.” The country has dignity, and diplomacy must be reciprocal, and Russia must counteract it. That also means that many American and Polish diplomats will be expelled by Russia. You should hurry up and pack your bags. Event four, China summoned the Japanese ambassador to China. Japanese ambassadors abroad have had a headache recently. On the 13th, the Japanese ambassador to South Korea, Koichi Sangsei, was summoned to the South Korean Ministry of Foreign Affairs before he had time to submit his credentials to Moon Jae-in, and he was scolded as a dog-blood spray. On the 15th, it was the turn of Japan’s ambassador to China Tori Hideo. Chinese Assistant Minister of Foreign Affairs Wu Jianghao came forward and lodged solemn representations regarding Japan’s proposed nuclear waste water discharge. Wu Jianghao is not polite, and said very harshly:

The relevant Japanese decision disregards the global marine environment, international public health and safety and the vital safety and interests of the people of neighboring countries, and is suspected of violating international law and international rules, which is not the work of a modern civilized country. China expresses its strong dissatisfaction and firm opposition to this. Japan, you are not what modern countries do. Event 5, the Ministry of Commerce of China made a statement. I have to talk about the Ministry of Commerce, because There is a sentence that is quite rich in connotation. The spokesperson of the Ministry of Commerce Gao Gao said on the 15th:

The Ministry of Commerce will closely follow the development of the situation and carefully evaluate (the Japanese decision) the possible serious threats to the safety and trade of related food, agricultural and fishery products, and to protect the safety of Chinese consumers. Meaning, you know. But it was not published.

The safety of Chinese consumers must be guaranteed, so we must carefully evaluate the impact of this discharge on Japanese food, agricultural products, and aquatic products.

Don’t forget, many supermarkets in South Korea have put up signs of “stop selling Nissan seafood”.

Event six, Kerry is active in Shanghai.

Kerry arrived in Shanghai late at night on the 14th, and the official activities began on the 15th.

He used to be Obama’s Secretary of State, and now he is Biden’s special envoy for climate issues. This is also the highest-level official sent by the United States to China after Biden took office.

Why come now?

The reason is also very simple. Regardless of the various US suppressions on China, even Kerry’s visit to China was accompanied by a so-called “unofficial delegation” that went to Taipei; but the United States should also realize that there are certain things that must be cooperated with China, especially in relation to climate change. On the issue of all mankind.

Considering that the United States will host the climate summit on April 22, some major powers have not made a clear statement, including China, and the United States also has a sense of anxiety.

Event 7: China-France-Germany Climate Summit.

Diplomacy is an art. While Kerry was busy in Shanghai, China suddenly announced on the 15th that At the invitation of French President Macron, on April 16, China, France and Germany held the Leaders’ Climate Video Summit.

The timing is interesting, and the summit of the three countries is more interesting.

Before the United States organizes the climate summit, China, France and Germany meet first. Considering the current situation of international struggles, this is really a stroke of genius.

Said it is a climate video summit, it is actually a Sino-French-German summit.

Event eight, Yoshihide Suga went to Washington.

On the 15th, Yoshihide Suga left for the United States. His mood should be mixed.

Happily, he is the first foreign leader to meet with Biden. The Americans have given a lot of face, and they have shown that they attach great importance to the relationship between the United States and Japan.

The headache is that the United States will definitely make various requests. One of them, according to media reports, the United States hopes that the joint statement by then will mention the security of the Taiwan Strait. The meaning is also very clear, the United States and Japan want to jointly intervene in the Taiwan Strait issue.

I also know that the last time the US-Japan summit mentioned Taiwan, it was before the establishment of diplomatic relations between the US and Japan in 1969. 50 years later, if this is the case, will China rebound strongly?

Japan must weigh the consequences. It is said that in the face of various urgings from the United States, Japan’s internal divisions are obvious and quarrels are formed.

Event Nine, Moon Jae-in is going to the United States.

After taking a look, the South Korean side has not yet expressed its position, but the United States announced first: next month, South Korean President Moon Jae-in will visit Washington.

He will be the second foreign leader to visit the United States after Yoshihide Suga.

Biden gave Yoshihide Suga for the first time, and Moon Jae-in for the second time. The US Secretary of State Blincoln and Secretary of Defense Austin visited Japan for the first time and South Korea for the second time.

You know, these first and second times were from Western countries such as Britain and Canada.

The situation has changed. Needless to say, this is obviously for China. Without China, Yoshihide Suga and Moon Jae-in, you don’t have this kind of treatment.

The situation of the struggle is fierce.

Moon Jae-in probably has a headache. Yesterday I saw an article analyzing South Korea’s diplomacy. The United States is now embarrassing South Korea, and the reason is very simple. The United States will leave sooner or later, but China is a neighbor that will not change for a thousand years.

In the tenth incident, the Hong Kong police began to move forward.

I was really impressed when I saw it.

On April 15th, also China National Security Day, the five major disciplined forces in Hong Kong raised the national flag. The outside world noticed, For the first time, Hong Kong police is no longer a high-legged British marching, but a neat and capable Chinese marching.

Under the training of officers of the PLA Hong Kong Garrison, the Hong Kong police have now also learned to walk in unison and on the right foot.

The flag bearer carried the five-star red flag, the Hong Kong regional flag, and the Hong Kong police team flag and walked in front of the team; while the British flag-raising ritual was that the flag bearer entered the stadium with the flag in hand.

There are also loud slogans, “Hong Kong police, loyal to protect the country’s security, and bravely to protect the home!”

The so-called original and clear source, The Hong Kong police finally took a crucial step.

I always feel that Hong Kong is definitely and must have a high degree of autonomy, which is determined by the Basic Law. However, with the same text and the same track, when it comes to national unification, the same forms must be the same, and those that should be discarded must be discarded.

The colonial color textbook must be changed; the colonial color marching should have been abandoned long ago. The Chinese are going to be like Chinese, and it is not ruled out that one day Hong Kong will change to driving on the right, just like the mainland. This is certainly a big plus for Hong Kong.

I have to say, After the toss of the past few years, the central government also learned from the pain and made up its mind to reverse the situation in Hong Kong with thunder means. Things that I wanted to do but failed to do before can now be solved.

This is the strategy of struggle.

This Hong Kong is the Hong Kong of the real Chinese. A small step by the Hong Kong police is a big step for Hong Kong.

On April 15th, a turbulent day, a simple list of 10 major events, in fact, far more than that. In the United States, ethnic riots continue; in the Middle East, Iran and Israel are in various contests; in the Ukrainian border, the army is facing off, and the war seems to be on the verge…

But I have to say that many major events that affect the world are related to China, although in many cases, China is completely lying down. The wood is beautiful in the forest, and the wind will destroy it. The person with the hammer in his hand looks like a nail.

Stay calm! We still have to be calm, and the more angry we are, the more we have to be calm.

The world is complicated, and the West is not monolithic. Insults and intimidation are by no means fighting. You can be vertical, and I can connect horizontally. Those who make fewer enemies and many more friends are also testing China’s wisdom and strategy.

The wonderful drama of 2021 kicked off this spring. The play must start from the prologue, but the prologue is not yet the climax.

Recently, netizens started a new topic #miumiuChinese and Korean female celebrities big contrast# , The same bag, South Korea sent a sexy contestant Li Sunmi and Lin Zhenna Nana ~

There are also pure and cute players Lin Yuna and Zhang Yuanying .

The Chinese have different temperaments Yang Chaoyue, Wen Qi and Zhou Ye~

And various stars Qiao Xin, Song Zuer, Zhou Yutong, Guan Xiaotong ‘S casual shot!

To be honest, this contrast, Bud will say something Chinese female celebrities win No one should object. Although the temperament is different, but they all recite their own feelings, and the bags are very textured.

I always thought that the PK of Chinese and Korean female stars has never stopped, and even many times everyone Korean female celebrities’ styles, makeup, and outfits serve as trendsetters .

But I have to say a lot recently The new look of South Korea’s “powerful players” does not perform well And even Collective rollover Suspicion. Let Budya come to give everyone a plate today~

First of all, I never thought it was Jennie. After all, although he is not a traditional beauty with three courts and five eyes, Jennie keeps on top of his head. “Chanel on Earth” Title.

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What kind of clothes and makeup are very sense, Very jennie , I like the feeling that you can’t understand me but can’t get rid of me, Very sensual .

This time the car overturned is actually the retro style that Jennie has always been very good at. There is no problem with wearing it. The problem is with makeup .

Actually jennie has Slight buck teeth Yes, if you pay attention to her past look, you will find that she is mostly Lips slightly open .

And this time overlip lip line And with its own eye-catching effect Glass lip texture , Undoubtedly magnified the problem of jennie’s original slight buckle, and was even laughed by netizens Sister Feng .

The same face, replaced by her previous one Light-colored, nude-colored lipstick It’s obviously more coordinated. It not only reflects the youthfulness of Jennie’s face, but also does not conceal the personality between her eyebrows and eyes.

Jennie has a lot of red lips , Before, there were even a lot of makeup that was praised as red lips, Why did you roll over this time alone?

Past red lips vs this red lips

Hair style is also a big problem. In the past, most of Jennie’s red lips Rely on curly hair or messy and fluffy shapes to create a sense of atmosphere , Invisibly diverted everyone’s attention from the buck lips, and this time Sculpt that sticks to the scalp But it seems that the convex mouth is more obvious.

Lisa of the same team is obviously not much better. If you want to say that Lisa has three-dimensional facial features, even if it is It’s not ugly to put on a sack casually without makeup, right?

But when I saw Lisa’s blockbuster film for CELINE, Ya Ya was really full of question marks? ? ? What kind of rubbish makeup is this!

Obviously she is a beautiful woman who is very watery, and she has to be taken out of a barrel of oil. The whole face makeup is too greasy, right? , Especially for the current spring and summer look, shouldn’t it be fresher?

There is also the bangs that Lisa has always attached great importance to. Stroke or paste into oblique bangs What’s going on again?

Even specifically for Lisa Tanning , The overall feeling is Very greasy! The sight is oily and dirty.

It’s not over yet, not only the makeup is not good. Wearing and shooting angles are also very fascinating Everyone knows about Lisa’s shoulder width. In fact, as long as it is used well, it is a hanger, but I chose the most terrible halter neck. Head to shoulder ratio directly collapses .

The shooting angle is All up shots , Each one seemed unwilling to put down her proud head, not only did not highlight Lisa’s slap face, but also let The nose looks a little contracture .

Obviously just a little Adjust the angle a little bit , A little richer angle is very beautiful! I’m so angry~

If I can accept the rollover of Jennie and Lisa, after all, it’s a trendy style, but I can’t think of it. Will I see IU being questioned in the rest of my life?

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Mainly because of the cover of the April issue of W Korea, IU, who has always been young, sweet and cute, suddenly Challenge the “decadent style” .

Dog chewing bangs, blue color contact lenses, and highlight hair , And the decadent makeup of the dark department and the wear of the dark department, the whole temperament is completely different.

Even suspected that this style is Moving closer to Hyuna? ?

The whole set of look buds feels that although it is not to the point of overturning, but it can also be understood Why do some netizens think it is not suitable for IU.

IU was originally proper The beauties of the light-faced department , The facial features are clear and beautiful, and the outline sense is not prominent, so Smart between eyebrows and eyes It is extremely important, as can be seen by referring to the makeup of IU in the past.

Most eye-catching and blingbling eye makeup

And this group of dogs not only cover up the bangs Faded eyebrows ,also Weakened eye makeup fine The section only highlights the blue color contact lenses, and puts the focus on the blush on the face, instead It seems that the atrium is too long .

because IU is not originally a three-dimensional facial features with outstanding lines. , And even a little bit of young teeth, so the overall look of this makeup feels a bit offensive, The feeling of maturity and immaturity .

But Yaya feels It’s good to try more La~ You don’t have to be too aggressive! After all, it’s a variety of small graces.

After thinking about it for a long time, Yaya still intends to include Hyuna in this list. I hope you don’t scold me for arrogance. You have a kong, right .

Distance from Hyuna “I’m Not Cool” It has been a while since the return, but the makeup and dressing style represented by the album style is still very worthy of scrutiny.

No matter how many times I watched the new song style, Budya admits it Really hyuna , But I really can’t get it~

After changing to the new company, Ya Ya felt that Hyuna’s styling level was a bit difficult to describe. I can understand that I want to be different, Create a personal style The original intention, but these makeup emmm… Inexplicably a little “aunt”?

Wear me even more Can’t read capitalized and bold , It may be that I really can’t be at the forefront of fashion.

Except for this set that was imitated by a vote of female celebrities Classic look Outside.

The rest of the stage is full of doubts. The company is Hyuna looks good and has a good figure, so are you messing around? I need to ask who makes these pants look good!

There is this Gym suits for synchronized swimmers 10 years ago , Can you stop making arrangements for sister?

It’s really not good, even if you wear it Daily private server It’s 100 times better than this!

Well, today’s article is written here~

I hope every stylist treats the beauties well

Thank you!

Today’s interaction:

Who do you think is the most thunderous?

Come and tell me in the comments section!

*The picture source network of this article

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