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	<title>Profits &#8211; Spress</title>
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		<title>Everywhere there is a shortage of lychee, this way the sister selling at a high price is still out of stock</title>
		<link>https://en.spress.net/everywhere-there-is-a-shortage-of-lychee-this-way-the-sister-selling-at-a-high-price-is-still-out-of-stock/</link>
		
		<dc:creator><![CDATA[Thu Giang]]></dc:creator>
		<pubDate>Sat, 19 Jun 2021 22:06:39 +0000</pubDate>
				<category><![CDATA[Cuisine]]></category>
		<category><![CDATA[Cockroach wing color]]></category>
		<category><![CDATA[Drying]]></category>
		<category><![CDATA[Drying oven]]></category>
		<category><![CDATA[eh]]></category>
		<category><![CDATA[Everywhere]]></category>
		<category><![CDATA[Fabric]]></category>
		<category><![CDATA[Fire]]></category>
		<category><![CDATA[fresh]]></category>
		<category><![CDATA[high]]></category>
		<category><![CDATA[Light brown]]></category>
		<category><![CDATA[Long Bien]]></category>
		<category><![CDATA[Lychee]]></category>
		<category><![CDATA[Market group]]></category>
		<category><![CDATA[navigation]]></category>
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		<category><![CDATA[Selling]]></category>
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		<category><![CDATA[Sweet]]></category>
		<category><![CDATA[Thu Thuy]]></category>
		<category><![CDATA[Wholesale]]></category>
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		<guid isPermaLink="false">https://en.spress.net/everywhere-there-is-a-shortage-of-lychee-this-way-the-sister-selling-at-a-high-price-is-still-out-of-stock/</guid>

					<description><![CDATA[Instead of selling fresh lychees like every year, Ms. Thu Thuy from Long Bien, Hanoi decided to switch to selling dried lychees. On average, she sells 4 quintals of lychees per day, 1.5 tons of dried lychees per week. Trading for more than ten years, Ms. Thu Thuy said, she and her husband are wholesalers [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Instead of selling fresh lychees like every year, Ms. Thu Thuy from Long Bien, Hanoi decided to switch to selling dried lychees. On average, she sells 4 quintals of lychees per day, 1.5 tons of dried lychees per week.</strong><br />
<span id="more-25662"></span> Trading for more than ten years, Ms. Thu Thuy said, she and her husband are wholesalers to supply fruits to many places. You have a large store that sells both on-site and online. Due to the epidemic, the couple&#8217;s online sales are much busier this time around. In particular, this year&#8217;s lychee season, you also have many changes in your business.</p>
<p> “In previous years, my husband and I often bought the whole garden, from when the lychee was still green until harvest, we would sell it to traders. Now the lychee is in the right season for the outbreak, so my husband and I decided to switch to drying and selling dry cloth. Because it was too urgent, I didn&#8217;t have time to make a drying oven, so after I harvested fresh lychees, I rented them to dry them and then sell them on my personal page as well as online market groups,&#8221; Thuy said. <img decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_16_23_39198160/e007348e3cccd5928cdd.jpg" width="625" height="833"> <em> The price of dried fabric is halved compared to every year</em> Ms. Thuy said that the drying time for a batch of fabric ranges from 5 to 6 days, depending on the drying process of each kiln owner. A satisfactory batch of dried lychee is that the lychee fruit must have uniform color, sharp sweetness, flexibility and a very characteristic aroma. Due to the impact of the epidemic, the price of dried lychee this year is much lower than every year. According to Ms. Thuy, in previous years, the average price of dried lychee was from 120,000-150,000 VND/kg, this year the price fluctuates around 60,000 VND/kg. This price is for Thuy and her husband to make it public on their sales page. She and her husband only do wholesale, not retail, with a minimum order of 10kg. Customers taking in large quantities, from 50kg or more, I will reduce the price a little more. “Because I have been selling for nearly 15 years, the number of regular customers is very large. There are customers who order immediately at 2-3 quintals, on average I output about 4 quintals a day. In less than a week, I sold 1.5 tons of dried lychees,&#8221; she said. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_16_23_39198160/b99e6f1767558e0bd744.jpg" width="625" height="416"> <em> Thuy and her husband only wholesale dried cloth for customers who buy 10kg or more</em> &#8220;Actually, this year, I switched to selling dried lychees like this and didn&#8217;t make much profit. However, due to the Covid-19 epidemic, I want to join hands so that litchi growers don&#8217;t suffer much damage.&#8221; The woman shared that if the dried fabric meets the standards, it can be preserved for a whole year. Dried lychee can be used to eat directly, soak in alcohol or use to cook tea, as a spice for traditional Chinese medicine. <strong> How to choose a drying cloth</strong> In the market, there are many establishments that sell dried fabrics, but to choose quality dried fabrics, it is necessary to pay attention to buy them at reputable addresses. The dried fruit must be large, the outer skin is dry evenly, keep its shape or slightly dented. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_16_23_39198160/2a69fde0f5a21cfc45b3.jpg" width="625" height="416"> <em> Dried fabric can be kept for a long time</em> Especially when peeling, the lychee must be flexible, have a characteristic aroma, sweet taste, peel off without sticking to your hands, and have a dark color of cockroach wings. Long litchi with black color means it has been burnt, while long with light brown color means that it has not been dried enough, must be used immediately and cannot be stored for a long time. <strong> Methods of preservation</strong> In order to preserve the dried fabric for a long time, when we buy the fabric, we dry it under 2 or 3 times in the sun. During the drying process, pay attention to turning the fabric to the sun, and the fabric to dry evenly. Then put it in the shade to dry in the wind for another 3, 4 days, then put it in a tightly tied plastic bag. When storing, about 2-3 months, you should open the cloth bag to check the probability of a few fruits to see if the dried fabric is still of good quality or has been moldy, damaged or opaque. If you store a lot, every few months, you should take the fabric out to dry in the sun and follow the exact same preservation process for the first time, thus ensuring that the dried fabric can be kept delicious and nutritious for years to come.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">25662</post-id>	</item>
		<item>
		<title>Original Yuanguang &#124; Didi prospectus dismantling: 22 rounds of financing for the final listing, online car-hailing business turned losses into profits</title>
		<link>https://en.spress.net/original-yuanguang-didi-prospectus-dismantling-22-rounds-of-financing-for-the-final-listing-online-car-hailing-business-turned-losses-into-profits-2/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Thu, 17 Jun 2021 23:25:09 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[carhailing]]></category>
		<category><![CDATA[Didi]]></category>
		<category><![CDATA[Dismantling]]></category>
		<category><![CDATA[final]]></category>
		<category><![CDATA[financing]]></category>
		<category><![CDATA[Listing]]></category>
		<category><![CDATA[Losses]]></category>
		<category><![CDATA[Online]]></category>
		<category><![CDATA[Original]]></category>
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		<category><![CDATA[Prospectus]]></category>
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		<category><![CDATA[turned]]></category>
		<category><![CDATA[Yuanguang]]></category>
		<guid isPermaLink="false">https://en.spress.net/original-yuanguang-didi-prospectus-dismantling-22-rounds-of-financing-for-the-final-listing-online-car-hailing-business-turned-losses-into-profits-2/</guid>

					<description><![CDATA[Produced &#124; Sohu Technology Author &#124; Yin Lina Edit &#124; Yang Jin The listing rumors have been brewing for more than three years. In the morning of June 11, Didi finally submitted a prospectus and launched an IPO in the United States. According to the prospectus, Didi&#8217;s stock code is &#8220;DIDI&#8221;, with Goldman Sachs, Morgan [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img fifu-featured="1" decoding="async" src="https://p0.itc.cn/q_70/images01/20210611/a17ffee1de104031b036a8ca6fd69c3e.jpeg" max-width="600"></p>
<p>Produced | Sohu Technology</p>
<p>Author | Yin Lina</p>
<p>Edit | Yang Jin</p>
<p>The listing rumors have been brewing for more than three years. In the morning of June 11, Didi finally submitted a prospectus and launched an IPO in the United States.</p>
<p>According to the prospectus, Didi&#8217;s stock code is &#8220;DIDI&#8221;, with Goldman Sachs, Morgan Stanley, JPMorgan Chase, and China Renaissance Capital acting as underwriters.</p>
<p>Since its establishment, Didi has gone through 22 rounds of financing with a total financing amount of nearly 80 billion yuan, making it a well-deserved financing expert.</p>
<p>However, from the perspective of performance, Didi’s online car-hailing seems to be huge, but only has a meager profit of 3.1%; international business is still losing money, and there are large variables due to the epidemic; new businesses such as freight and community group buying have just started. It is still a &#8220;cash-burning&#8221; machine, and profit is far from expected.</p>
<p><strong> Performance dismantling: loss is still the main theme</strong></p>
<p>Let&#8217;s look at the performance first. From 2018 to 2020, Didi&#8217;s revenue was 135.3 billion yuan, 154.8 billion yuan and 141.7 billion yuan, respectively. In the first quarter of this year, Didi&#8217;s revenue was 42.2 billion yuan.</p>
<p>From the above figures, it can be seen that in the past three years, Didi’s revenue growth has not been significant. Affected by factors such as the new crown epidemic in 2020, overall revenue has also declined slightly. However, the impact of the epidemic was eased in the second half of last year. The prospectus shows that in the second half of last year, the total transaction volume of Didi&#8217;s travel business in China was 121.6 billion yuan, an increase of 80.3% over the first half of the year and an increase of 12.2% over the second half of 2019.</p>
<p><img decoding="async" src="https://p3.itc.cn/q_70/images01/20210611/d76aceceb8b24d50bd70c61882c7979d.png" max-width="600"> </p>
<p> In addition, losses are still the main theme of Didi. In the past three years, Didi&#8217;s net losses were 15 billion yuan, 9.7 billion yuan, and 10.6 billion yuan, respectively. The adjusted non-GAAP profits were 8.6 billion yuan, 2.8 billion yuan and 8.4 billion yuan. In the first quarter of this year, due to the unrecognized income of 9.1 billion yuan and an investment income of 3.3 billion yuan from the spin-off of Orange Heart Optimal, the investment income reached 12.36 billion yuan, Didi turned losses, net profit reached 5.5 billion yuan, and an adjusted loss of 5.5 billion yuan. yuan.</p>
<p>In terms of business, the main sources of Didi’s revenue are divided into three categories, namely, China’s travel business (China&#8217;s online car-hailing, taxi, agent driving and ride-hailing businesses), international business (international travel and food delivery, etc.) and Other businesses (shared bicycles and motorcycles, car service, freight, autonomous driving, financial services, etc.).</p>
<p>In 2020, these three types of income will be 133.6 billion yuan, 2.3 billion yuan and 5.8 billion yuan respectively. Among them, China&#8217;s travel business is the most important source of income, and the proportion of China&#8217;s travel business to total revenue is as high as 94.3%.</p>
<p>Among various expenditures, operating costs account for a large proportion, mainly commissions and subsidies paid to drivers. In the past three years, Didi&#8217;s gross profit margin was 5.5%, 9.8% and 11.2%, showing an upward trend year by year.</p>
<p>Among various expenses, marketing and marketing expenses accounted for the highest proportion. Last year, the total amount reached 11.14 billion yuan, accounting for 7.86% of total revenue. Followed by general and administrative expenses, about 7.55 billion yuan, accounting for 5.33% of total revenue.</p>
<p>Although as of the end of last year, Didi had 15,914 full-time employees worldwide, including 7,110 R&amp;D employees, which accounted for 44.7% of R&amp;D employees, the proportion of Didi’s technology and R&amp;D related expenses was not the highest: last year it was 63.2 100 million yuan, accounting for 4.46% of total revenue. Finally, operating and support expenses are 4.70 billion yuan, accounting for about 3.32% of revenue.</p>
<p>In terms of operations, in the 12 months ending March 31, 2021, Didi has been operating in more than 4,000 cities and towns in 15 countries around the world. The total transaction volume of the whole platform is 341 billion yuan, of which Didi&#8217;s core platform GTV (referring to GTV in China&#8217;s travel and international markets) reached 244.2 billion yuan. With the exception of community group buying, the average daily order volume of all businesses reached 41 million, the annual active users reached 493 million, and the annual active drivers were 15 million.</p>
<p>However, the current progress is still far from the &#8220;0188&#8221; plan released by Didi in March last year. The &#8220;0188&#8221; plan shows that Didi will serve more than 100 million orders per day during the three years from 2020 to 2022, with a penetration rate of more than 8% for all domestic trips, and a global service user MAU of more than 800 million.</p>
<p>What is more worrying is that in Didi&#8217;s &#8220;main battlefield&#8221; Chinese market, the number of orders has shown a downward trend year by year, and the customer unit price has not increased significantly.</p>
<p>The number of Didi orders in the Chinese market dropped from 8.79 billion orders in 2018 to 8.67 billion orders in 2019 to 7.75 billion orders. However, this trend also has business adjustments and environmental factors. In 2019, Didi discontinued its ride-hailing business. Under the new crown epidemic in 2020, people will go out less frequently, and Didi has also suspended cross-city orders and ride-sharing services. In terms of customer unit prices, they were 23.3 yuan, 23.3 yuan and 24.4 yuan respectively in three years.</p>
<p><img decoding="async" src="https://p2.itc.cn/q_70/images01/20210611/db7aa9d0d55f46e7bebc2d8a547f0764.png" max-width="600"></p>
<p>However, Didi has achieved profitability in the Chinese travel market: adjusted pre-interest and tax profit of 3.84 billion yuan in 2019, 3.96 billion yuan in 2020, and 3.62 billion yuan in the first quarter of 2021.</p>
<p><strong> The rake puzzle: online car-hailing profit margin is only 3.1%</strong></p>
<p>After the ride-hailing incident occurred in 2018, the outside world had a lot of discussions about Didi. In addition to inadequate security measures, the question of Didi&#8217;s profitability was the most acute.</p>
<p>Just when everyone thought that Didi was earning a lot of money, some media broke the news that Didi had “a total loss of 10.9 billion yuan in 2018 and a driver’s subsidy of 11.3 billion yuan”, and “the total loss in the six years of its business has exceeded. 40 billion yuan&#8221;.</p>
<p>Entering 2020, discussions on Didi’s high commission rate remain high, with some drivers claiming that the commission rate for some orders has even reached more than 30%. In response, Didi issued a statement stating that the proportion of such &#8220;extreme rake orders&#8221; was 2.7% last year, and it has now been reduced to 0.03%. The next step will allow this number to continue to decline until it is completely eliminated. Today, Didi has launched a transparent billing function, and drivers can view the flow of funds for orders in the past 7 days.</p>
<p>As a matter of fact, the situation regarding the commission of the online car-hailing business can be seen in the prospectus.</p>
<p>Look at the whole first. The prospectus shows that from 2018 to the first quarter of 2021, drivers from around the world earned more than 600 billion yuan in revenue on the Didi platform. In the Chinese market, in the online car-hailing business in 2020, the total revenue and incentives received by drivers will reach 117.4 billion yuan.</p>
<p><img decoding="async" src="https://p8.itc.cn/q_70/images01/20210611/554d766783f347fd9e728cead8dafb72.png" max-width="600"></p>
<p>In the prospectus, Didi detailed the financial status of Didi in China&#8217;s travel market in 2020.</p>
<p>Last year, Didi&#8217;s total transaction volume in the domestic travel market was 189 billion yuan, of which the transaction volume from online car-hailing business (excluding taxis, private cars, and ride-hailing, etc.) was 148.6 billion yuan.</p>
<p>Excluding expenses spent on consumer subsidies and road tolls, Didi’s total revenue was 133.6 billion yuan. Among them, 110.5 billion yuan was used as driver income, accounting for 82% of revenue; 6.9 billion yuan was used as driver incentives, accounting for 5.2% of revenue, and the two together accounted for 87.9% of Didi’s total revenue, accounting for approximately total online car-hailing 79% of the transaction volume is consistent with Didi’s previously announced commission.</p>
<p>Earlier, on May 7, Didi car-hailing issued a statement on the &#8220;rake&#8221;, stating that in 2020, Didi car-hailing drivers accounted for 79.1% of the total payable by passengers. Of the remaining 20.9%, 10.9% are passenger subsidies, 6.9% are corporate operating costs (technology research and development, servers, security, customer service, manpower, offline operations, etc.), taxation and payment handling fees, etc., and 3.1% are online appointments Net profit of car business.</p>
<p>Overall, excluding driver income and driver subsidies, Didi will receive 16.2 billion yuan in its online car-hailing business. Excluding 12.2 billion yuan in operating expenses, Didi&#8217;s online car-hailing business before interest, tax and amortization The profit reached 4 billion yuan, and the profit rate was about 3.1%.</p>
<p><strong> Didi doesn&#8217;t want to be just online ride-hailing</strong></p>
<p>The slow revenue growth and the meager profit of domestic online car-hailing have forced Didi to find the next growth point.</p>
<p><img decoding="async" src="https://p4.itc.cn/q_70/images01/20210611/20392b5226384e0ca19437f102e8be53.png" max-width="600"></p>
<p>In 2018, Didi began its international expansion, trying to replicate its experience in the Chinese market to the world, and was the first to enter Brazil, Mexico, Australia, and Japan. Prospectus data shows that Didi currently has operations in 15 countries around the world.</p>
<p>However, in the case of China&#8217;s local online car-hailing is only a meager profit, it is conceivable that it is difficult for the international business to make a profit, especially in the context of the new crown epidemic in foreign countries where there are still large variables. From the beginning of 2018 to the first quarter of this year, Didi&#8217;s international business losses have accumulated more than 10 billion yuan.</p>
<p><img decoding="async" src="https://p3.itc.cn/q_70/images01/20210611/de4b3c78300a4a26bc4a6a0ecef55c3f.png" max-width="600"></p>
<p>But one problem is that a series of new businesses such as shared bicycles and motorcycles, car services, freight transport, autonomous driving, and financial services only brought Didi 5.76 billion yuan in revenue last year, but at the same time it brought more than 8.8 billion yuan. The loss is more than twice the profit of online car-hailing.</p>
<p><img decoding="async" src="https://p4.itc.cn/q_70/images01/20210611/0886c7b8d83a4044b4efd2cbb27fffbb.png" max-width="600"></p>
<p>This year, the loss has further expanded. In the first quarter of this year, the loss of new business in a single quarter reached 8.08 billion yuan. From 2018 to the first quarter of 2021, Didi&#8217;s losses in new businesses have totaled more than 26 billion yuan.</p>
<p>It is worth noting that these new businesses have completed independent spin-offs and financing in the first half of this year.</p>
<p>Last year, Qingju launched a round of financing. SoftBank and some other investors invested US$134 million and Didi invested US$750 million. At the beginning of this year, Qingju launched a Series B financing again, in which external investors invested US$166 million and Didi subscribed. A share of US$300 million in equity financing and a US$100 million in convertible notes. Qingju is currently valued at US$1.9 billion, and Didi holds 88.3%;</p>
<p>In the first quarter of this year, Didi Freight received US$1.5 billion in Series A financing, the latest valuation is US$2.8 billion, and Didi currently holds 57.6% of the shares;</p>
<p>Didi’s autonomous driving company has completed a US$1.5 billion Series A financing, with a valuation of US$3.4 billion, and Didi’s shareholding ratio is 70.4%.</p>
<p>Orange Heart Optimal conducted A1 and A2 rounds of financing in March this year. Among them, the A1 round of SoftBank Vision Fund injected US$900 million and the rest of the external investors injected US$100 million; the A2 round was funded by the management of about US$200 million, and the financing was completed. After Didi&#8217;s equity fell to 32.8%, it was no longer consolidated. However, in the A2 round, Orange Heart Pride issued USD 3 billion of convertible bonds to Didi. Didi has the right to convert the bonds into stocks before the expiration date of the convertible bonds and become the controlling shareholder of Orange Heart Pride again.</p>
<p>Although these new businesses are at a loss, it is not difficult to see how much Didi attaches importance to internationalization and new businesses from the purpose of fundraising: 30% of the funds raised are used to expand business in international markets outside of China; 30% The raised funds are used to improve technical capabilities including shared travel, electric vehicles and autonomous driving; the remaining about 20% will be used to launch new products and expand existing product categories to continuously improve user experience.</p>
<p>Today, Didi’s listing process has begun, but it will take more time to wait for these new businesses to grow into the next &#8220;ace&#8221; besides online car-hailing.</p>
<p>(Original article by Sohu Technology, please indicate the source for reprinting)</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">24690</post-id>	</item>
		<item>
		<title>Vietnamese people make more than 9,000 billion dong thanks to &#8216;virtual money&#8217; in 2020</title>
		<link>https://en.spress.net/vietnamese-people-make-more-than-9000-billion-dong-thanks-to-virtual-money-in-2020/</link>
		
		<dc:creator><![CDATA[Trọng Đạt]]></dc:creator>
		<pubDate>Wed, 16 Jun 2021 23:50:11 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
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		<guid isPermaLink="false">https://en.spress.net/vietnamese-people-make-more-than-9000-billion-dong-thanks-to-virtual-money-in-2020/</guid>

					<description><![CDATA[In the Asia region, Vietnam is the 4th country in terms of cryptocurrency profits, just behind China, Japan, and South Korea. In a recent report, Chainalysis has published a list of the 25 most profitable countries from Bitcoin growth in 2020. Accordingly, US investors have made a profit of up to $ 4.1 billion by [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>In the Asia region, Vietnam is the 4th country in terms of cryptocurrency profits, just behind China, Japan, and South Korea.</strong><br />
<span id="more-24096"></span> In a recent report, Chainalysis has published a list of the 25 most profitable countries from Bitcoin growth in 2020.</p>
<p> Accordingly, US investors have made a profit of up to $ 4.1 billion by investing in this world&#8217;s number 1 &#8220;virtual currency&#8221;. Right behind the US is China with 1.1 billion USD. The remaining positions in the top 5 include Japan ($0.9 billion), UK ($0.8 billion) and Russia ($0.6 billion). Notably, this list also includes the presence of Vietnam. According to Chainalysis estimates, Vietnamese investors have earned $0.4 billion in 2020 by investing in Bitcoin. On a global scale, Vietnam ranks 13th in the world in terms of Bitcoin-related profitability. Vietnam is also the 4th country in terms of cryptocurrency profits, just behind China, Japan, and South Korea. <img decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_11_23_39152000/8d2763246e668738de77.jpg" width="625" height="415"> <em> Ranking of the 25 most profitable countries from Bitcoin in 2020. </em> According to Chainalysis, due to the decentralized nature of the technology, it is very difficult to find out where the parties are in a cryptocurrency transaction. The published results were estimated using transaction data from services that Chainalysis tracks. In its analysis, Chainalysis measures the total volume of Bitcoin transactions at each crypto exchange. They estimate the amount earned by the difference in the price of Bitcoin at 2 times of entering and leaving the exchange. Chainalysis then distributes this profit based on each country&#8217;s share of web traffic on each exchange. By doing this, Chainalysis has produced a report on how much return investors in each country will make with Bitcoin in 2020. Even so, Chainalysis&#8217;s methodology is approximate and not yet available. regardless of the profits from the digital assets still in the exchanges. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_11_23_39152000/390dd30ede4c37126e5d.jpg" width="625" height="382"> <em> Vietnam currently ranks 10th on the Global Cryptocurrency Acceptance Index. </em> According to Chainalysis, Vietnam is a perfect example of a country where the level of participation in cryptocurrency transactions far exceeds the ranking of the economy. Although only ranked 53rd in GDP with about $262 billion and ranked as a low-middle-income country, Vietnam still has a fairly high level of acceptance for cryptocurrency transactions. Accordingly, Vietnam ranks 10th out of 154 countries in the Global Cryptocurrency Acceptance Index. This is one of the rare indexes where Vietnam has the same rank as developed countries such as the US, China or South Africa, even more than many other developed countries such as the UK, France, Germany, and Spain. , Japan, Korea,&#8230; With such popularity, Chainalysis is not surprised that Vietnamese investors ranked 13th in the world in terms of income earned from Bitcoin in 2020. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_11_23_39152000/335dd55ed81c3142680d.jpg" width="625" height="393"> <em> Many Vietnamese Bitcoin investors have won big in 2020. </em> Similar to Vietnam, this phenomenon also occurs in a number of other countries such as the Czech Republic (54th in GDP, 18th in income from Bitcoin), Turkey (25th in GDP, 16th in revenue). Bitcoin income) and Spain (19th in GDP, 9th in Bitcoin income). On the other hand, despite having the 4th largest economy with the 2nd largest population in the world, India is being left behind in the crypto economy. In 2020, the country&#8217;s investors only made 241 million USD from the increase in the price of Bitcoin, ranked 18th in the world. This is because the Indian government does not seem to be very friendly with cryptocurrencies. India used to ban all cryptocurrency transactions in the country, until the Supreme Court of India lifted the ban in March 2020. Although many Vietnamese investors are making big profits from cryptocurrencies. Having said that, investing in Bitcoin or other cryptocurrencies is a very risky investment. Therefore, investors need to be careful and learn carefully before deciding to enter this harsh market.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">24096</post-id>	</item>
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		<title>Because of taxes and bans How tobacco companies realign themselves The big tobacco companies are still making billions in profits from cigarettes. But after decades of success, BAT, Altria &#038; Co. are slowly turning around in the face of increasing bans and rising tobacco taxes.</title>
		<link>https://en.spress.net/because-of-taxes-and-bans-how-tobacco-companies-realign-themselves-the-big-tobacco-companies-are-still-making-billions-in-profits-from-cigarettes-but-after-decades-of-success-bat-altria-co-a/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Tue, 15 Jun 2021 23:29:10 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">https://en.spress.net/?p=23132</guid>

					<description><![CDATA[Because of taxes and bans How tobacco companies are realigning themselves Status: June 8th, 2021 4:00 p.m. The big tobacco companies still make billions in profits with cigarettes. But after decades of success, BAT, Altria &#38; Co. are slowly turning around in the face of increasing bans and rising tobacco taxes. They are still running [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class="ts-image" src="https://www.tagesschau.de/multimedia/bilder/e-zigarette-103https://www.tagesschau.de/https://www.tagesschau.de/~_v-videowebm.jpg" alt="A man pulls on an e-cigarette | picture alliance / KEYSTONE" title="A man pulls on an e-cigarette | picture alliance / KEYSTONE"></p>
<h1> Because of taxes and bans How tobacco companies are realigning themselves </h1>
<p>Status: June 8th, 2021 4:00 p.m. </p>
<p> <strong> The big tobacco companies still make billions in profits with cigarettes. But after decades of success, BAT, Altria &amp; Co. are slowly turning around in the face of increasing bans and rising tobacco taxes.</strong> They are still running an extremely lucrative business. But the revenues and profits of the large tobacco companies are likely to come under further pressure in the coming years. New restrictions could reduce profits, higher taxes are supposed to increase government revenues in the Corona crisis and will further increase the prices for the &#8220;blue haze&#8221;. The first increase in tobacco taxes since 2015 is due in Germany. In the spring <a   href="https://en.spress.net/wp-content/plugins/wp-optimize-by-xtraffic/redirect/?gzv=H4sIAAAAAAACAxXLMQ6DMBBE0bu4tx1azuJmTSYsgpBodzYUUe4OKf-T_jdFGpOSbx9bbfU4jkKZ4T6pRLnjosX4rwdb_cC6SUwKa5XSZXUiYBmmL2jsc16lLztI77iuLdzzcBuK8rml3wmqRD4rbwAAAA.." class="textlink" title="Link zu: Kabinett beschließt Erhöhung und Ausweitung der Tabaksteuer" target="_blank" rel="nofollow noopener"> the governing parties CDU, CSU and SPD agreed on the framework conditions for tax increases</a> . This should generate additional revenues of 11.3 billion by the end of 2025. A good half of this should be collected more through the classic tobacco tax, e-cigarettes should generate tax revenues of three billion euros and less harmful products in the industry should also contribute almost two billion euros. These include tobacco heaters that manufacturers had brought onto the market in recent years. The tax increases are to start gradually from 2022.</p>
<h2> &#8220;Smoke-free Germany&#8221; called for </h2>
<p>This is another turning point for tobacco companies after the sale of menthol cigarettes was banned in the EU in mid-2020. But the tax hike does not go far enough for health organizations. Significantly higher taxes are necessary to get people to stop smoking, according to a statement from the German Cancer Research Center (DKFZ). On the occasion of World No Tobacco Day on May 31, the non-smoking alliance and the German Society for Pneumology and Respiratory Medicine (DPG) called for a &#8220;smoke-free Germany&#8221; by 2040. There should still be a long way to go until then. Tobacco consumption fell by around 30 percent between 2011 and 2020. However, just under a quarter of adults in Germany still smokes.</p>
<h2> Billions in income from cigarettes</h2>
<p>The tobacco companies, for which Germany is an important but not a decisive market, have been changing direction for years, but Altria, Philip Morris International and British American Tobacco (BAT) continue to make good money with traditional cigarettes. BAT, for example, earned around £ 6.4 billion net last year, a large part of which was paid out to shareholders in the form of a dividend. And the current business forecast for the first half of the year, which was published today, does not read badly from the company&#8217;s point of view: The group expects growth of more than five percent for the current financial year. This also exceeds the previous forecasts. According to BAT, products of &#8220;new categories&#8221; such as e-cigarettes and tobacco vaporizers are more important. According to earlier information, the tobacco giant intends to win around 50 million customers for the vaporizer in the next ten years; the total customer base is currently 150 million. Big competitors Altria and Philip Morris are also well represented in the e-cigarette and tobacco vaporizer business. But without writing off the classic cigarette. Philip Morris Germany, for example, recently increased production at the Dresden plant. Due to temporarily closed borders in the pandemic, the demand for cigarettes from domestic production even increased. The company also saw higher demand for &#8220;fine-cut&#8221; tobacco. It is used for rolling cigarettes &#8211; smokers are increasingly looking for inexpensive alternatives to cigarettes from the pack.</p>
<h2> Tobacco vaporizers and cannabis products</h2>
<p>The coming years will show how quickly the tobacco companies can change course strategically. Some of the manufacturers want to offer new products without nicotine, but with caffeine. They also work on cannabis products. Further legalization of cannabis could open up new billion-dollar revenue streams for them. However, the pressure on the classic cigarette from the state is likely to accelerate and at the same time burden this process of change on the part of providers. This applies above all to the world&#8217;s most important sales market for tobacco multinationals, the USA: According to media reports, the new US government under Joe Biden wants to reduce the nicotine content of cigarettes to such an extent that they should no longer be addictive. In addition, menthol cigarettes could also face a ban in the USA.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">23132</post-id>	</item>
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		<title>Sitting at home selling 2 quintals of dong crabs online, making a profit of 2 million a day</title>
		<link>https://en.spress.net/sitting-at-home-selling-2-quintals-of-dong-crabs-online-making-a-profit-of-2-million-a-day/</link>
		
		<dc:creator><![CDATA[Châu Giang]]></dc:creator>
		<pubDate>Sat, 05 Jun 2021 11:22:10 +0000</pubDate>
				<category><![CDATA[Cuisine]]></category>
		<category><![CDATA[Burning]]></category>
		<category><![CDATA[Cool down]]></category>
		<category><![CDATA[Crab]]></category>
		<category><![CDATA[Crab bricks]]></category>
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					<description><![CDATA[Hanoi is experiencing scorching hot days that make cooling crab dishes &#8220;sold out&#8221;. Thanks to that, some people just sit at home and sell online, they also run out of nearly 2 quintals of field crabs. On June 3, despite importing to increase the quantity of field crabs to 1.8 quintals, just after 2pm, Hoang [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Hanoi is experiencing scorching hot days that make cooling crab dishes &#8220;sold out&#8221;. Thanks to that, some people just sit at home and sell online, they also run out of nearly 2 quintals of field crabs.</strong><br />
<span id="more-20822"></span> On June 3, despite importing to increase the quantity of field crabs to 1.8 quintals, just after 2pm, Hoang Thi Canh in Tan Mai (Hoang Mai, Hanoi) had to go to Facebook to announce that it was out of stock. Customers who want to eat crab tomorrow can book in advance.</p>
<p> Canh said, the hotter the weather, the more expensive the crabs are. This is a cooling food, can cook many dishes from vermicelli, soup to hot pot. Not to mention, on this occasion, the restaurant is closed, families cook at home more. Therefore, for about a week now, the number of customers ordering crabs online has increased dramatically when Hanoi is experiencing scorching hot days. The price of copper crab is only 130,000 VND/kg, not increasing, but the amount of goods sold every day has increased sharply, she shared. At the beginning of the summer, she only sold about 50-60kg per day. Customers can buy raw crab, shredded crab or pre-ground crab. But these days, the amount of crabs sold fluctuates in the range of 1-1.5 quintals. At the peak like yesterday, 1.8 quintals of crabs were all ordered by customers. <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_05_23_39080487/168a2218305ad904804b.jpg" width="625" height="467"> <em> Hot weather, people race to order crabs to eat to cool off (photo: Thuy Dang)</em> “I only sell online, but on this occasion customers flocked to order. If you buy less, 1kg, if you buy more, 2-3kg each time to eat gradually and also to save money on shipping,&#8221; she said. Most customers choose to buy ready-made crab (with the shell and bibs removed) or pre-ground crab because it&#8217;s convenient, so she has to mobilize her parents and her two children to make crabs in time for the shippers to deliver the goods. guest. “Every day I have to work from 4 am until all the crabs are sold out. Fortunately, in exchange for profits, you can earn up to several million dong/day,&#8221; she revealed. Ms. Dang Thuy &#8211; a focal point specializing in selling crabs online at lane 214 Nguyen Xien (Thanh Xuan, Hanoi), also said that before summer, she only consumed about 12-20kg of field crabs every day. But from the beginning of May until now, she has sold out 40-50kg every day, even up to 60kg of field crab every day. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_05_23_39080487/122528b73af5d3ab8ae4.jpg" width="625" height="759"> <em> These days, customers often prefer to buy ready-made or pre-ground crabs for processing (photo: Thuy Dang)</em> According to Ms. Thuy, many people are afraid to make crab because it takes a long time, so they choose to order pre-ground. Accordingly, after grinding crabs, she often divides them into small bags for customers to put in the freezer. Each meal takes 1-2 bags to cook, depending on how many or fewer people in the family. The price of raw or pre-ground crab is the same, 120,000 VND/kg. “On this occasion, when the sun is hot, people are afraid to go to the market. Due to the epidemic, they also limited going to crowded places, so the number of customers ordering online increased sharply,&#8221; she said. Ms. Hoang Thien Tam from Yen Ninh (Ba Dinh, Hanoi), shared that in the summer, field crabs are her family&#8217;s favorite cooling dish. Early in the summer, the weather was not too hot, she still worked hard to go to the market to choose each field crab and ask the seller to grind it for her. The number of crabs bought each time is only about 1kg, just enough to cook a meal. About a week ago, the heat was like fire, she switched to ordering online because she was afraid to squeeze her feet into the market. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_05_23_39080487/dd7ee3ecf1ae18f041bf.jpg" width="625" height="510"> <em> The amount of crab sold out increased 3-5 times compared to the time before summer (photo: Thuy Dang)</em> “Today I also ordered 5kg of field crabs, thanks to them pre-ground in plastic bags. Crab bricks are also divided into small bags for easy cooking of each meal. She said and said, now that many orders, she also gets free shipping by the owner. On the market today, the price of copper crab usually ranges from 120,000-180,000 VND/kg, depending on the type. In many places, when customers require preliminary processing and ready to go, they often have to pay an additional 10,000-15,000 VND/kg. Small traders selling field crabs at traditional markets said that these days, the amount of crabs consumed has nearly doubled compared to before summer. As for online traders, it was revealed that the number of crabs sold increased 3-5 times compared to other seasons of the year. In hot weather, people are often afraid to go to the market, so they often choose to order online for convenience.</p>
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		<title>Some people suddenly received 701 Bitcoins</title>
		<link>https://en.spress.net/some-people-suddenly-received-701-bitcoins/</link>
		
		<dc:creator><![CDATA[Phúc Thịnh]]></dc:creator>
		<pubDate>Sat, 22 May 2021 09:10:06 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Bitcoin]]></category>
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		<guid isPermaLink="false">https://en.spress.net/some-people-suddenly-received-701-bitcoins/</guid>

					<description><![CDATA[Cryptocurrency lending startup BlockFi mistakenly sent large amounts of Bitcoin to some customers, turning them into millionaires. However, this exchange recovered the Bitcoins. The incident occurred a few days ago when BlockFi rewarded customers for participating in a promotion in March for trading a certain amount of USD. Zac Prince, co-founder and CEO of BlockFi, [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Cryptocurrency lending startup BlockFi mistakenly sent large amounts of Bitcoin to some customers, turning them into millionaires. However, this exchange recovered the Bitcoins.</strong><br />
<span id="more-17312"></span> The incident occurred a few days ago when BlockFi rewarded customers for participating in a promotion in March for trading a certain amount of USD. Zac Prince, co-founder and CEO of BlockFi, said that the amount of Bitcoin was mistakenly transferred to dozens of customers. Some people voluntarily returned the funds, while BlockFi took the initiative to reverse transactions from those accounts that had not yet withdrawn to cold wallets.</p>
<p> &#8220;BlockFi has always had provisions for loss in accordance with its accounting policy. This is part of the provision so it doesn&#8217;t have a big impact on the equity or operation of the platform,&#8221; Prince said that the mis-transfer problem has been fixed dress. BlockFi also developed additional measures to prevent a similar situation from happening in the future. <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_21_119_38923854/4fefe891f3d31a8d43c2.jpg" width="625" height="400"> <em> A BlockFi user received 701 Bitcoins due to the crash. Screenshots.</em> BlockFi&#8217;s Twitter page states that some participants in the promotion may &#8220;see incorrect bonuses in transaction history&#8221;. Those withdrawing to cold wallets were emailed by BlockFi asking to send their funds back. Share with <em> CoinDesk</em> , a BlockFi user said he withdrew a large amount of Bitcoin received from BlockFi to a cold wallet, claiming that this was a reward of a promotion. After realizing the problem amount, he requested to cancel the withdrawal. However, it is not clear why the Bitcoins are still withdrawn to cold wallets. The next day, this user received emails and calls from BlockFi, threatening to get legal intervention if the money was not returned. On the Internet, many BlockFi users have shared images of receiving large Bitcoins from &#8220;falling from the sky&#8221;. &#8220;I thought BlockFi was going to transfer 701 USD but mistaken it for 701 Bitcoin&#8221;, Twitter user <em> Ric Burton </em> share. Another said that he received 5 Bitcoins but was also asked to return it by BlockFi. &#8220;I got to be a millionaire in 3 hours&#8221;, account <em> nebrijo</em> comment, with a picture of an account balance of more than $1.5 million before transferring the mistakenly sent Bitcoin to BlockFi. According to the <em> Bloomberg</em> , BlockFi is a platform that provides lending and trading services for cryptocurrencies. Despite having just experienced a sharp price crash, the world&#8217;s most valuable cryptocurrency is trading at around $40,000, as of May 21. BlockFi&#8217;s large Bitcoin transfer by mistake is reminiscent of last year&#8217;s incident, when Citibank mistakenly transferred $900 million to several creditors of cosmetics firm Revlon, instead of just paying $8 million in interest. <em> <strong> Expensive price for Bitcoin mining</strong> </em> <em> Since the advent of cryptocurrencies, the amount of electricity required for mining has increased significantly. This leads experts to believe that cryptocurrency mining is not environmentally friendly.</em></p>
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		<post-id xmlns="com-wordpress:feed-additions:1">17312</post-id>	</item>
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		<title>Rising hot, this virtual currency turns investors into billionaires</title>
		<link>https://en.spress.net/rising-hot-this-virtual-currency-turns-investors-into-billionaires/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Thu, 20 May 2021 17:47:10 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
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		<category><![CDATA[billionaires]]></category>
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					<description><![CDATA[The popular virtual currency Bitcoin must be wary of the Ethereum digital currency that is emerging as a strong competitor in the future. Investors are amazed when the Ethereum cryptocurrency this morning touched $4,141. This is the first time the digital currency has surpassed the $4,000 mark and its total capitalization currently stands at $476.3 [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>The popular virtual currency Bitcoin must be wary of the Ethereum digital currency that is emerging as a strong competitor in the future.</strong><br />
<span id="more-16648"></span> Investors are amazed when the Ethereum cryptocurrency this morning touched $4,141. This is the first time the digital currency has surpassed the $4,000 mark and its total capitalization currently stands at $476.3 billion, which is almost half of Bitcoin&#8217;s value of $1.1 trillion.</p>
<p> According to analysts, Bitcoin is too expensive, causing investors to rush to find new digital currencies to profit. As a result, Ethereum has increased by more than 40% in value in the past April. Ethereum cryptocurrency was launched in 2013 with the purpose of being used to transact for an intranet of the same name. Now it is turning these crypto holders into billionaires with skyrocketing prices. The Ethereum cryptocurrency is also benefiting from the rise of NFTs, aka non-fungible tokens. This is a digital asset designed to represent ownership of unique virtual items such as art and sports memorabilia. Many NFTs like CryptoKitties and CryptoPunks are all running on Ethereum. However, this outburst of activity has resulted in congestion on the Ethereum network. Ethereum is currently being upgraded with the ambition of enabling faster transaction times and reducing the amount of power required to process transactions.</p>
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		<title>Losing money when &#8216;accepting donations&#8217; from former billionaire Jeff Bezos&#8217; wife</title>
		<link>https://en.spress.net/losing-money-when-accepting-donations-from-former-billionaire-jeff-bezos-wife/</link>
		
		<dc:creator><![CDATA[An Chi]]></dc:creator>
		<pubDate>Tue, 04 May 2021 07:20:09 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[accepting]]></category>
		<category><![CDATA[Bezos]]></category>
		<category><![CDATA[billionaire]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[Charity]]></category>
		<category><![CDATA[Charity organization]]></category>
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		<category><![CDATA[donations]]></category>
		<category><![CDATA[Ex wife]]></category>
		<category><![CDATA[GOFUNDME]]></category>
		<category><![CDATA[Impersonation]]></category>
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		<category><![CDATA[Jeff Bezos]]></category>
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		<category><![CDATA[Lost money]]></category>
		<category><![CDATA[MacKenzie Scott]]></category>
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		<category><![CDATA[NYTIMES]]></category>
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		<category><![CDATA[Winston Churchill]]></category>
		<guid isPermaLink="false">https://en.spress.net/losing-money-when-accepting-donations-from-former-billionaire-jeff-bezos-wife/</guid>

					<description><![CDATA[When he announced to spend billions of dollars to charity, billionaire MacKenzie Scott is being impersonated to deceive difficult victims. The ex-wife of the Amazon boss caught the attention of her unique charitable manner. However, NYTimes claims that many scammers have copied her volunteering to target victims of assistance. A mother of five, named Danielle [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>When he announced to spend billions of dollars to charity, billionaire MacKenzie Scott is being impersonated to deceive difficult victims.</strong><br />
<span id="more-11454"></span> The ex-wife of the Amazon boss caught the attention of her unique charitable manner. However, <em> NYTimes </em> claims that many scammers have copied her volunteering to target victims of assistance.</p>
<p> A mother of five, named Danielle Churchill, from southern Sydney was one of them. Struggling with raising five children, along with the hefty expenses for an autistic child, Churchill tried to apply for support through GoFundMe but was not as satisfactory. In that situation, Churchill received a text message from a person calling himself MacKenzie Scott late last year, offering to assist her every problem. According to the announcement, the ex-wife of the Amazon boss was then deciding to give away half of her fortune, and Churchill was lucky enough to be eligible to receive the money. To verify it, Churchill typed in Scott&#8217;s name and the phrase &#8220;phishing&#8221; on Google. But what she found was that billionaire Scott was actually making the move to spend money on hundreds of nonprofit groups. According to the process, to receive the money, Ms. Churchill must fill out a &#8220;membership form&#8221; from the charity claiming to be the MacKenzie Scott Foundation, then set up an online account at the Investor Bank and Trust Company. . At that time, a notice said $ 250,000 had been deposited into the account, and asked Churchill to register for a tax identification number and pay a fee to receive the money. Just like that, Churchill was subtly pickpocketed. <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_25_119_38630124/d20e4d0e6b4c8212db5d.jpg" width="625" height="757"> <em> A series of sites and organizations impersonate former billionaire Jeff Bezos&#8217; wife to make a profit. Photo: Chris Koehler </em> Although Churchill was cautious and actively investigated, the opponent quickly gave convincing evidence to all questions. In fact, throughout 2020, billionaire Scott claims to have charitable with nearly $ 6 billion in his fortune. Her unique dedication model is praised by many for its quickness and directness. However, this makes the female billionaire easy to be impersonated by scammers. Unbeknownst to Churchill then, there was no MacKenzie Scott Foundation. And the Investor Bank and Trust Company, once headquartered in Boston, transformed into the State Street Corporation more than a decade ago. She thought she was dealing with billionaire Scott and his team of assistants, but in reality Churchill was dealing with a sophisticated, adept group of scammers hunting for difficult subjects. In Churchill&#8217;s case, the banking channel provided, and Facebook or WhatsApp pages were fake. The use of cryptocurrency applications Bitcoin is also exploited to profit up to about 7,900 USD. This makes the victim unable to get the claim back through the bank or card company as usual. An Israeli-based email security company, Ironscales, said messages impersonating Scott&#8217;s billionaire representative were released and sent to more than 190,000 customer email accounts. The incident arose right after the ex-wife of billionaire Jeff Bezos announced the charity amount reached nearly $ 4.2 billion on December 15 last year. As for the victim, it was only after opening a bank account that did not exist did Churchill learn of the other victims. Marti DeLiema, a professor at the School of Social Work at the University of Minnesota, Twin Cities, said scam tricks via text messaging announcing charity payments are being exploited by bad actors. &#8220;Scott&#8217;s huge fundraiser has created a hole for the bad guys to take advantage of.&#8221; Even people who have actually received donations are even using their names to scam. Or the websites of the US Small Business Administration being copied, impersonating the Federal Trade Commission &#8230; <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_25_119_38630124/45d2dfd2f99010ce4981.jpg" width="625" height="405"> <em> Websites and facebook impersonating the billionaire philanthropist MacKenzie Scott sprung up to seduce and deceive victims. Photo: NYtimes. </em> In fact, billionaire Scott has donated most of his wealth to organizations, universities, food banks and frontline charities, rather than giving money to individuals. Besides, the former writer also does not have an official Facebook and Instagram social network account, apart from the Medium page and an authenticated Twitter account. And all fees to receive funding are unwarranted. Scott&#8217;s representative declined to comment on fraudulent activities on behalf of billionaire ex-wife Jeff Bezos.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">11454</post-id>	</item>
		<item>
		<title>New year greetings through folk paintings</title>
		<link>https://en.spress.net/new-year-greetings-through-folk-paintings/</link>
		
		<dc:creator><![CDATA[Minh Châu - Quỳnh My]]></dc:creator>
		<pubDate>Sun, 25 Apr 2021 19:50:31 +0000</pubDate>
				<category><![CDATA[Architecture]]></category>
		<category><![CDATA[celebrate]]></category>
		<category><![CDATA[Collect]]></category>
		<category><![CDATA[collection]]></category>
		<category><![CDATA[Culture Publishing House]]></category>
		<category><![CDATA[Folk]]></category>
		<category><![CDATA[Folklore paintings]]></category>
		<category><![CDATA[Happy Birthday]]></category>
		<category><![CDATA[Ho Chi Minh City Arts Department]]></category>
		<category><![CDATA[Homonym]]></category>
		<category><![CDATA[literature]]></category>
		<category><![CDATA[Mandarin]]></category>
		<category><![CDATA[Maurice Durand]]></category>
		<category><![CDATA[paintings]]></category>
		<category><![CDATA[Peace]]></category>
		<category><![CDATA[Perquisites]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[prosperous]]></category>
		<category><![CDATA[Rich]]></category>
		<category><![CDATA[Tet paintings]]></category>
		<category><![CDATA[Vietnamese folk paintings]]></category>
		<category><![CDATA[WISH]]></category>
		<category><![CDATA[year]]></category>
		<guid isPermaLink="false">https://en.spress.net/new-year-greetings-through-folk-paintings/</guid>

					<description><![CDATA[In the collection of Tet paintings collected by Maurice Durand since 1940 in Hanoi, a considerable number of congratulatory paintings express the wishes of the people for a peaceful and prosperous New Year. In the space of the traditional Tet holiday, Vietnamese people play Tet pictures quite differently and depending on each person&#8217;s conditions, or [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>In the collection of Tet paintings collected by Maurice Durand since 1940 in Hanoi, a considerable number of congratulatory paintings express the wishes of the people for a peaceful and prosperous New Year.</strong><br />
<span id="more-8637"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/8cd28649410aa854f11b.jpg" width="625" height="451"> </p>
<p> <em> In the space of the traditional Tet holiday, Vietnamese people play Tet pictures quite differently and depending on each person&#8217;s conditions, or according to the customs and practices of each region. The book of Vietnamese folk paintings collected and researched (1st edition of Ho Chi Minh City Culture &#8211; Culture Publishing House, in 2021) introduces a collection of Tet paintings collected by Maurice Durand since 1940 in Hanoi. In this collection, a considerable number of New Year&#8217;s congratulation paintings, in which there are congratulatory paintings expressed in direct words &#8230; In the photo, there are Phuc and Duc words in stylized style and Nhan letters. , Meaning, Ceremony, Tri, Tin, Phu, Quy, Loc, Khang, Ninh. </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/94719dea5aa9b3f7eab8.jpg" width="625" height="836"> <em> Besides, New Year&#8217;s greetings are presented in short sentences around wishing wealth and benefits. In the picture is a picture of a baby holding a gourd with the words &#8220;Gemstone with two needles&#8221; (piled gold and pearls). </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/56395ea299e170bf29f0.jpg" width="625" height="532"> <em> The picture of a mandarin holding the word &#8220;ton loc&#8221; &#8211; a growing fortune (on the right) and a picture of a mandarin holding the word &#8220;ton fortune&#8221; &#8211; is more and more wealth. </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/431cb48773c49a9ac3d5.jpg" width="625" height="533"> <em> This is another version of the mandarin mandarin painting holding the words &#8220;ton loc&#8221;, &#8220;ton fortune&#8221;. </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/8314758fb2cc5b9202dd.jpg" width="625" height="778"> <em> Wishes for fortune and fortune are sometimes compared to high status and numerous descendants (high fortune and promotion). This is a picture of two children, an older one holding a baby, holding a book in his hand, with the word &#8220;nail fortune and prosperity&#8221; &#8211; giving birth to a noble and prosperous. Below is a jar, outside the word Kim (gold, silver). </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/910b6490a3d34a8d13c2.jpg" width="625" height="424"> <em> Longevity wishes are used very often and are combined with the word wealth, wealth and the birth of many children. This is expressed in two simple words &#8220;immortal&#8221; or presented in a more complex and poetic way, in the style &#8220;Dedicating the Spring&#8221; (dedicating thousands of spring seasons), or as in the photo, &#8220;Phu Forever precious flowers &#8220;(endowed with flowers for thousands of years). </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/945560cea78d4ed3179c.jpg" width="625" height="467"> <em> The most important wishes are to have descendants of the family line, often represented by the image of a pomegranate or healthy children, such as &#8220;Pomegranate conception&#8221; (pomegranate blooms a hundred children), &#8220;The most Gentle and gentle family peace &#8220;(Peaceful family; gentle children and grandchildren). Or this wish is also nested with sentence patterns such as: &#8220;Đắc Thọ multi boys&#8221; &#8211; long life and many sons (picture on the right); &#8220;Happy, the audience will respect&#8221; &#8211; have the happiness to live a long life to see your children and grandchildren (picture left). </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/f7bd0426c3652a3b7374.jpg" width="625" height="495"> <em> In addition to the congratulatory paintings expressed in direct words, there are also New Years wishes with meaning illustrated images of flowers, fruits, animals, objects and people. To understand the meaning of this kind of paintings need to know their estimates and symbols. For example, the peacock is a symbol of peace and prosperity, the cranes and turtles represent longevity, the pig picture represents prosperity &#8230; In the picture on the left, the peach symbolizes longevity. ; The pomegranate fruit represents the desire to flourish and have many children and grandchildren. </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/522ea0b567f68ea8d7e7.jpg" width="625" height="585"> <em> Two children wear peaches and pomegranates on their heads with the same meaning as above. </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/20bfd1241667ff39a676.jpg" width="625" height="576"> <em> In the picture is a picture of the toad (three-legged type) representing the pass in the exam. </em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/d86828f3efb006ee5fa1.jpg" width="625" height="447"> In addition to the above types of New Year&#8217;s congratulation paintings, there are also congratulatory paintings expressed through the phenomenal object called homophones.<strong> . </strong> Congratulatory paintings of this type are very popular, reflected in folk paintings and often create quite subtle puns. For example, the image of a millet rooster is homogeneous to the word sand means (auspicious, good). The painting of the vase also expresses the desire to be safe because the vase evokes the word &#8220;peaceful&#8221;. In the photo is a picture of fish (fishermen) used to wish warmth and full of wealth. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_02_10_119_37913414/f77908e2cfa126ff7fb0.jpg" width="625" height="416"> <em> The word Diep (butterfly) is similar to the word Điệt Điệt (only seventy-eight years old) is used to express wishes for a long and long life. </em></p>
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		<post-id xmlns="com-wordpress:feed-additions:1">8637</post-id>	</item>
		<item>
		<title>Another trap of &#8216;super profits&#8217; is nearly 10 million VND / day</title>
		<link>https://en.spress.net/another-trap-of-super-profits-is-nearly-10-million-vnd-day/</link>
		
		<dc:creator><![CDATA[Thùy Linh]]></dc:creator>
		<pubDate>Sun, 25 Apr 2021 11:14:10 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Awake]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[Capital pouring]]></category>
		<category><![CDATA[Change your life]]></category>
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		<category><![CDATA[danger]]></category>
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		<category><![CDATA[Deep in]]></category>
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		<category><![CDATA[Exchanges]]></category>
		<category><![CDATA[FOREX]]></category>
		<category><![CDATA[Gold trading platform]]></category>
		<category><![CDATA[Great]]></category>
		<category><![CDATA[IFAN]]></category>
		<category><![CDATA[Insurrance]]></category>
		<category><![CDATA[Lost white]]></category>
		<category><![CDATA[million]]></category>
		<category><![CDATA[NHD]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[Show]]></category>
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		<category><![CDATA[trap]]></category>
		<category><![CDATA[VND]]></category>
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					<description><![CDATA[Will the 100% 100% Coolcat-insurance crash is powerful enough to alert those who are immersed in a &#8216;dream&#8217; of changing their lives thanks to this investment channel. In recent days, many investors are confused because the Coolcat application (exchange of gold, virtual currency and USD and is committed to 100% capital insurance) suddenly cannot access [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Will the 100% 100% Coolcat-insurance crash is powerful enough to alert those who are immersed in a &#8216;dream&#8217; of changing their lives thanks to this investment channel.</strong><br />
<span id="more-8399"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_21_114_38594840/c87386c3a3814adf1390.jpg" width="625" height="468"> </p>
<p> In recent days, many investors are confused because the Coolcat application (exchange of gold, virtual currency and USD and is committed to 100% capital insurance) suddenly cannot access and can not contact the exchange. . Many investors have come to the authorities to file a denunciation about the appropriation of property. Specifically, when accepting investment on the Coolcat app, investors will be given a code (ID), their job is just to predict the price of Bitcoin (digital money), gold price up or down. If the guess wins, you receive 73% of the winnings. If you lose 6 times in a row, you must stop and report to get 100% compensation insurance. Coolcat offers 6 premium packages for a fee from 54 USD to 9,146 USD (1.26 &#8211; 210 million VND). For example, when buying an insurance package with a fee of 210 million VND, investors will receive interest from 3.3 to 9.7 million VND per day. But now, hundreds of people investing in the Coolcat application are sitting on the fire when suddenly the application is no longer accessible. <strong> Grow another floor right away</strong> However, after information about the Coolcat app with a commitment to 100% capital &#8220;collapsed&#8221; spread on social networks, Facebook ST Crypto was immediately established and downloaded the step-by-step instruction clips to register for insurance. capital on FORTREX. According to the Facebook owner named NHD &#8211; claiming to be an expert in marketing and financial investment, joining the Fortrex exchange is easy. After only 4 steps, including: fill in basic information such as name, phone number, email &#8230; and then transfer the amount you want to insure to the insurance support team; Take a screenshot to confirm the successful transfer with a message with the content (username + phone number + insurance package you want to subscribe) to complete the registration procedure. The rest, investors just have to wait until the selected time frame (12 noon or 19 pm daily) to execute buy or sell orders as directed by the insurance support team. According to the Facebook owner named D, investors only need to spend 10-15 minutes in the time frame to register for insurance and follow the instructions, it will easily make a profit of 1-2% / investment amount. in each session and from 26-35% / month. That means if you spend $ 5,000, equivalent to about 120 million, each month you will also get &#8220;the most poor&#8221; about 30 million. In case the group gives false signals causing the investor to burn out their account, they will be compensated 100% of the capital. To increase confidence, D said that 60 people were 100% capital insured this week and D himself has experienced this Fortrex exchange for a long time, so everyone can feel secure about this exchange. In addition to the 100% capital insurance exchange called Fortrex, the social network has many insurance platforms that operate similarly. For example, with Wefinex, investors have to spend a minimum capital of 500 USD or more, just follow the expert&#8217;s instructions, if winning, it is normal to enjoy a profit of 2-3% / day. even higher than 3% / day (equivalent to about 60-90% / month). The remaining losses will be compensated by the specialist. Similar to exchanges such as Fioption, Busstrade &#8230; are also advertised by brokers as a 100% capital insurance platform, providing a way to make money long-term in 2021. According to a member of the Busstrade floor, this floor is currently attracting near 8,000 investment members. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_21_114_38594840/60f129410c03e55dbc12.jpg" width="625" height="468"> <em> The &#8220;virtual money&#8221; line tricked 32,000 investors into collapsed named iFan, Pincoin in 2018, causing many people to lose nothing.</em> <strong> White loss is easy to understand</strong> Dr. Dinh The Hien, a financial expert, said: The principle when putting money into any investment channel is that they cannot prove that they are holding the investor&#8217;s money is legal, protected by the law. All those investment channels are all risky. &#8220;Similar stories have happened decades ago and I affirm that they will continue. Is there just a difference in the form of fraud, the scale of the scam&#8221;, Mr. Hien affirmed. So the question is why people who know in advance may lose nothing but still close their eyes and legs, the only answer is: Because of super profit. Outlaw investment channels exist because of human greed. Smart investment is when faced with super profits, each person must carefully consult with knowledgeable people about whether to put capital in or not, or when to invest capital to minimize the risk. empty-handed. Sadly, among those who face the risks from these investment channels, there are many who have used their accumulated money to &#8220;gamble&#8221;. &#8220;Therefore, as an individual investor, it is not allowed to pour money into channels that are not protected by the law. Do not seek high profits without knowledge. Because with an investment of about 10 billion. But achieving a profit higher than bank deposits about 30-40% is terrible. For example, the bank deposit interest rate is currently at 7% / year, another investment channel gives you. 11 &#8211; 12% / year is already a huge profit &#8220;- Dr. Hien emphasized. Deputy Governor of the State Bank of Vietnam Dao Minh Tu said that the provision of services for buying and selling foreign currencies or generating foreign currencies must be licensed by credit institutions licensed by the State Bank to operate. . However, up to now, the State Bank has not licensed any services other than those previously licensed. Therefore, organizations operating like the Forex market today are completely not in compliance with the law. “For people, putting money here is very risky and the law does not protect those risks. Therefore, people must be very cautious, especially with offers for a high percentage of profits. That is a sign of deception &#8220;- Mr. Tu warned. Accordingly, Mr. Tu recommends that people be cautious and consult professional people when participating in investment. Similarly, Mr. Tu also affirmed that virtual money is just an encrypted virtual product, not ordinance money or a means of payment. The law does not allow its functional use as the current ordinance currency. “The investment in cryptocurrencies today has many problems that have been evaluated. Authorities are clarifying the issue of legal basis management and virtual currency trading ”- Mr. Tu said.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">8399</post-id>	</item>
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		<title>The original market value is 1.8 billion, with a huge loss of 6.2 billion deducting non-net profits. Guangzhou Langqi &#8220;washing powder&#8221; has gone again?</title>
		<link>https://en.spress.net/the-original-market-value-is-1-8-billion-with-a-huge-loss-of-6-2-billion-deducting-non-net-profits-guangzhou-langqi-washing-powder-has-gone-again/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Mon, 19 Apr 2021 22:15:06 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[billion]]></category>
		<category><![CDATA[deducting]]></category>
		<category><![CDATA[Guangzhou]]></category>
		<category><![CDATA[huge]]></category>
		<category><![CDATA[Langqi]]></category>
		<category><![CDATA[Loss]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[nonnet]]></category>
		<category><![CDATA[Original]]></category>
		<category><![CDATA[powder]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[Washing]]></category>
		<guid isPermaLink="false">https://en.spress.net/the-original-market-value-is-1-8-billion-with-a-huge-loss-of-6-2-billion-deducting-non-net-profits-guangzhou-langqi-washing-powder-has-gone-again/</guid>

					<description><![CDATA[Make a fake one time, and use a few fakes to round. Once labeled as &#8220;fake&#8221;, then this company will definitely be voted by investors with their feet. Following the continuous thunderstorms last year, Guangzhou Langqi &#8220;has an accident&#8221; again this time. On the evening of April 14, Guangzhou Langqi issued an announcement on the [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Make a fake one time, and use a few fakes to round.</strong></p>
<p><span id="more-5045"></span> Once labeled as &#8220;fake&#8221;, then this company will definitely be voted by investors with their feet.</p>
<p>Following the continuous thunderstorms last year, Guangzhou Langqi &#8220;has an accident&#8221; again this time.</p>
<p><img fifu-featured="1" decoding="async" src="https://p7.itc.cn/images01/20210416/a8fdeb54159443ddabbec5d3c7d3ad83.png" max-width="600"></p>
<p>On the evening of April 14, Guangzhou Langqi issued an announcement on the revision of the 2020 annual performance forecast. The content of the announcement showed that the company&#8217;s original estimated loss of 2.46 billion to 3.56 billion yuan was revised to a loss of 3.5 to 4.6 billion yuan.</p>
<p>The company lost one billion yuan thanks to the revisions.</p>
<p>I didn&#8217;t know if I didn&#8217;t check it, and I was surprised when I checked it. The financial report shows that Guangzhou Langqi has a greater loss of non-net profit, with a revised loss of 5.1 billion yuan to 6.2 billion yuan, a year-on-year decrease of 46464% to 56464%.</p>
<p>So, why does a company with a market value of 1.8 billion lose so much money?</p>
<p>The explanation given by Guangzhou Langqi is that the accountants of the company and the auditing agency believed that the revenue recognition basis of some trading businesses during the reporting period was insufficient and adjusted it.</p>
<p>Obviously, such a reason cannot be convinced.</p>
<p>Since the end of September last year, Guangzhou Langqi has played a new game of &#8220;washing powder ran away&#8221; in the capital market.</p>
<p><img decoding="async" src="https://p9.itc.cn/images01/20210416/6e9174c9754d4485b55b1150c1a4355f.png" max-width="600"> </p>
<p> Inventories are missing. With the Shenzhen Stock Exchange’s letter of concern, there are more and more problematic warehouses, which eventually expanded from 2 to 6, and the value of disappeared inventories also increased from 572 million to 867 million.</p>
<p>In the face of increasingly stronger supervision, the &#8220;washing powder ran away&#8221; game is obviously not going to be played. Under the new regulations, Guangzhou Langqi can only honestly disclose &#8220;true&#8221; performance.</p>
<p>With the disclosure of the financial report, its net assets have also turned from positive to negative. The owner&#8217;s equity attributable to shareholders of the listed company is -23.7 billion yuan.</p>
<p>According to the new delisting regulations, if the net assets at the end of the audited period in the most recent year are negative, the exchange will implement a delisting risk warning for its stocks, which is commonly known as &#8220;*ST&#8221;.</p>
<p>In fact, since September last year, investors have voted for Guangzhou Langqi with their feet.</p>
<p>In just 90 trading days, its stock price fell from the highest 5.95 yuan to the lowest 1.97 yuan, a drop of more than 65%. If we stretch the long-term axis, we will find that after Guangzhou Langqi reached a high price of 21.39 yuan in 2015, it has been in a downward trend for the next six years. As of today, its stock price has only a fraction of the high.</p>
<p>In February of this year, Ligen Leasing applied to the Guangzhou Intermediate People&#8217;s Court for bankruptcy and reorganization of Guangzhou Langqi.</p>
<p>On April 6, Guangzhou Intermediate Court held a hearing to pre-reorganize Guangzhou Langqi.</p>
<p>Guangzhou Langqi said that if the company&#8217;s pre-restructuring is successful, the company&#8217;s debt crisis will be resolved in the future.</p>
<p><img decoding="async" src="https://p1.itc.cn/images01/20210416/78a7c9b577214511bdaeb10995e8d6d7.png" max-width="600"></p>
<p>At present, how many problems Guangzhou Langqi still has is not clear to the outside world, but Guangzhou Langqi is not at the final dead end. In December last year, Guangzhou Langqi issued an announcement that the land to be purchased and stored is located on Huangpu Avenue in Tianhe District. East 128 has an area of ​​approximately 120,000 square meters. According to the agreement, Guangzhou Langqi will deliver all the land as required within 12 months of the signing of the agreement. Guangzhou Development Center will pay an additional 10% reward. This wave of land sales Guangzhou Langqi will receive 2.569 billion yuan in income. In the end, there are variables in the transaction, but it is not completely hopeless.</p>
<p>On January 23, Guangzhou Langqi issued an announcement stating that due to the 4.487 billion yuan of compensation frozen by the Guangzhou Land Development Center as required by the relevant courts, the Guangzhou Land Development Center was temporarily unable to pay the aforementioned outstanding payments. Therefore, whether Guangzhou Langqi can receive the above remaining compensation is uncertain.</p>
<p>On the whole, I think that if Guangzhou Langqi can successfully bankrupt and reorganize, then after clarifying the debt problem, Guangzhou Langqi can start again. With the previous book cash and some land reserves, Guangzhou Langqi is likely to have assets in 2021. Turn from negative to positive.</p>
<p>However, I think at the moment, being labeled as &#8220;fake&#8221; is probably the most troublesome thing after Guangzhou Langqi&#8217;s reorganization, because it may take a long time to build trust, and it only takes a moment to destroy it.</p>
<p>Guangzhou Langqi has consumed too many investors’ trust in it over and over again. If it is ST, then Guangzhou Langqi’s stock price is likely to fall below 1 yuan, and the delisting of the face value will also be Guangzhou Langqi. Problems that have to be faced.</p>
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		<title>Original Wu Xiaoqiu: If bank profits are allowed to flow into high-tech companies, the value of China’s capital market will reach 120 trillion yuan</title>
		<link>https://en.spress.net/original-wu-xiaoqiu-if-bank-profits-are-allowed-to-flow-into-high-tech-companies-the-value-of-chinas-capital-market-will-reach-120-trillion-yuan/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Mon, 19 Apr 2021 14:20:08 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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					<description><![CDATA[Wu Xiaoqiu, Vice Chairman of the Academic Committee of Renmin University of China, Dean of China Capital Market Research Institute Produced &#124; Sohu Think Tank Edit &#124; Yuan Changyou Wu Xiaoqiu, vice chairman of the Academic Committee of Renmin University of China and dean of the China Capital Market Research Institute, said in a guest [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img fifu-featured="1" decoding="async" src="https://p9.itc.cn/images01/20210323/31f46dffcfdd44cb9cd6b36b5c29df42.jpeg" max-width="600"> <strong>Wu Xiaoqiu, Vice Chairman of the Academic Committee of Renmin University of China, Dean of China Capital Market Research Institute</strong></p>
<p><span id="more-4925"></span> Produced | Sohu Think Tank</p>
<p>Edit | Yuan Changyou</p>
<p>Wu Xiaoqiu, vice chairman of the Academic Committee of Renmin University of China and dean of the China Capital Market Research Institute, said in a guest program of &#8220;National Wealth Lecture Hall&#8221; recently that an important sign of the success of capital market reform should be among the top 10 listed companies in China by market value. , There are at least 5 high-tech companies.</p>
<p>Wu Xiaoqiu said that the capital market focuses on growth. In the past, the capital market paid too much attention to traditional industries and confuses importance and growth. Therefore, one of the important signs of the success of the capital market reform is that among the top 10 listed companies in China by market value, there are at least five high-tech companies.</p>
<p>&#8220;At present, Moutai and financial companies rank relatively high. Although financial institutions are very important, they are the country’s important tools and towns, but in terms of industrial competitiveness, investor returns and asset growth, high-tech companies are more important. It is important.” He said that if the current policy guidance allows commercial banks to flow 400-500 billion yuan into high-tech companies from the profit of more than 1 trillion yuan, then the market value rankings of listed companies will undergo major changes in the future.</p>
<p>Wu Xiaoqiu said that without the intervention of new finance, the process from new technology to new industry will be very slow. To this end, we should fully realize the role of finance in promoting the transformation of new technologies into new industries. The role of finance is not only to provide loans for enterprises, but also to incubate the emergence of new enterprises and promote the transformation of new technologies to new industries. This is the deeper meaning of financial services to the real economy.</p>
<p>&#8220;Although traditional markets are easy to manage, they have weak functions, a single unit, and low efficiency. China&#8217;s financial development to the current prosperity is the result of persisting in reform and opening up, marketization, and the integration of technology and finance. We cannot Let it return to the era of traditional finance.&#8221;</p>
<p>Wu Xiaoqiu emphasized that China&#8217;s financial market competition is not yet sufficient. It is necessary to promote financial market competition through financial disintermediation reforms and technological reforms. At the same time, appropriate financial policies must be provided so that the high-tech real economy can obtain more profits.</p>
<p>He pointed out that the valuation of technology companies can reach 50-70 times, while the average value of the banking industry is about 5 times. The highest valuation of China Merchants Bank is only 10-12 times. &#8220;If profits can flow to high-tech companies, the value of China&#8217;s capital market will not only be 80 trillion, but may reach 120 trillion or more. This will help us reach the goal of a securitization rate of over 100%.&#8221;</p>
<p>[Sohu Think Tank: Gather the wisdom of scholars and entrepreneurs to get the pulse of economic trends. If you are interested in contributing or contacting on-site reports, interviews, and program cooperation matters, please send an email to zhikucaijing@sohu.com]</p>
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		<title>With the support of multiple preferential tax policies, Guoyuan Technology will continue to reduce profits in 2020</title>
		<link>https://en.spress.net/with-the-support-of-multiple-preferential-tax-policies-guoyuan-technology-will-continue-to-reduce-profits-in-2020/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Sun, 18 Apr 2021 13:45:16 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<category><![CDATA[Guoyuan]]></category>
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					<description><![CDATA[On April 16, Capital State learned that the company (835184.OC) disclosed &#8220;2020&#8221;. During the reporting period, the company achieved operating income of 314 million yuan, a year-on-year decrease of 2.58%; attributable to shareholders of the listed company, the company’s shareholders amounted to 41,647,600 yuan, a year-on-year decrease of 8.88%. Mainly because in terms of tax [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>On April 16, Capital State learned that the company (835184.OC) disclosed &#8220;2020&#8221;. During the reporting period, the company achieved operating income of 314 million yuan, a year-on-year decrease of 2.58%; attributable to shareholders of the listed company, the company’s shareholders amounted to 41,647,600 yuan, a year-on-year decrease of 8.88%. Mainly because in terms of tax preferential policies, the company enjoys the preferential policy of national software product value-added tax refund upon collection; at the same time, the company will continue to enjoy the preferential policy of 15% payment through the review of high-tech enterprises in 2020; in addition, the company will also enjoy the preferential policy of 15% in 2020 The current deductible input tax plus 10% deductible tax payable preferential policy.</strong></p>
<p><span id="more-4325"></span> <img fifu-featured="1" decoding="async" src="https://p0.itc.cn/q_70/images03/20210416/dafe16216f684d9b8e581b6e5e47d5c6.png"></p>
<p>It is understood that Guoyuan Technology was listed on the New Third Board on December 24, 2015, focusing on the field of geographic information and agricultural big data, with geographic information development and application as the core, and through the integration of 3S technology with cloud computing, big data, artificial intelligence and other modern The combination of information technology provides customers with geographic information data engineering, industry application software development, and spatial information application services.</p>
<p>As of the end of 2020, Guoyuan Technology’s assets totaled 812 million yuan, an increase of 82.82% from the beginning of the period. Among them, 313 million yuan, an increase of 247.31% over the end of the previous year, was mainly due to the capital increase received from the public issuance of stocks to unspecified qualified investors; 1.8 billion yuan, a decrease of 38.26%, and contract assets of 182 million yuan, an increase of 100%, mainly It was due to the adjustment to contract assets in accordance with the new accounting standards; inventory was 2,290,100 yuan, a decrease of 42.00% from the previous year, mainly due to project acceptance and delivery of goods; other current assets were 313,800 yuan, an increase of 100% from the end of the previous year. Mainly due to input tax to be certified.</p>
<p>In terms of liabilities, Guoyuan Technology reported a total of 54.576 million yuan in liabilities at the end of the period, an increase of 27.06% from the beginning of the period. Among them, short-term loans were 6.064 million yuan, an increase of 499.69% from the end of the previous year, mainly due to new bank loans; advance receipts were 0 million yuan, a decrease of 100% from the end of the previous year, and contract liabilities were 6,558,700 yuan, an increase of 100% from the end of the previous year. , Part of the reason is due to the adjustment to contract liabilities and others in accordance with the new accounting standards; the estimated liabilities are 1,786,300 yuan, an increase of 100% from the end of the previous year, mainly due to the provision of maintenance expenses.</p>
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		<title>The second time in history!Gree Electric&#8217;s revenue and profits both decline in 2020</title>
		<link>https://en.spress.net/the-second-time-in-historygree-electrics-revenue-and-profits-both-decline-in-2020/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Sat, 17 Apr 2021 20:55:07 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Decline]]></category>
		<category><![CDATA[Electrics]]></category>
		<category><![CDATA[historyGree]]></category>
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					<description><![CDATA[Economic Observer Network reporter Zhang Bin, intern reporter Hu Rongyu On the evening of April 14, Gree Electric (000651.SZ) disclosed the 2020 annual performance bulletin. The company&#8217;s total operating income was 170.497 billion yuan, a year-on-year decrease of 14.97%; the net profit attributable to shareholders of listed companies was 22.175 billion yuan, a year-on-year decrease [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img fifu-featured="1" decoding="async" src="https://p8.itc.cn/q_70/images03/20210414/b853dea76c5a49fe805ac2dcf6533a95.jpeg"></p>
<p><strong> Economic Observer Network reporter Zhang Bin, intern reporter Hu Rongyu </strong> On the evening of April 14, Gree Electric (000651.SZ) disclosed the 2020 annual performance bulletin. The company&#8217;s total operating income was 170.497 billion yuan, a year-on-year decrease of 14.97%; the net profit attributable to shareholders of listed companies was 22.175 billion yuan, a year-on-year decrease of 10.21 %; Basic earnings per share were 3.71 yuan, a year-on-year decrease of 9.73%.</p>
<p><img decoding="async" src="https://p9.itc.cn/q_70/images03/20210414/663721d3d1864b1788eb030d50eba2a2.jpeg"></p>
<p>Image source: Gree Electric&#8217;s performance bulletin</p>
<p>A reporter from Economic Observation Network noted that this is the second time that Gree Electric has seen both revenue and profit declines since its listing. The last time it was in 2015, Gree Electric’s total operating income for the year fell by 28.17% year-on-year, and its parent net profit fell by 11.46% year-on-year.</p>
<p><img decoding="async" src="https://p6.itc.cn/q_70/images03/20210414/c1efacac0e6d4befa1b92e1b56178514.jpeg"> </p>
<p> Data source: Wind</p>
<p>Regarding the decline in overall performance throughout the year, Gree Electric said that in the first half of 2020, the epidemic will have a greater impact on the offline retail market of the domestic air-conditioning industry. In order to adapt to market changes, the company promoted the new retail model nationwide, steadily promoted changes in sales channels and internal management, and implemented active sales promotion policies. With the effective integration of online and offline, the channel efficiency of the company&#8217;s products has improved, channel costs have been reduced, and market competitiveness has further improved. The performance in the second half of 2020 will gradually pick up.</p>
<p>In terms of quarters, Gree Electric&#8217;s performance in the fourth quarter of 2020 is exceptionally outstanding. Its 2020 third quarter report shows that the net profit attributable to shareholders of listed companies in the first three quarters of 2020 will be 13.699 billion yuan. In other words, Gree Electric’s net profit attributable to shareholders of listed companies in the fourth quarter of 2020 was 8.476 billion yuan, the highest in the four quarters, accounting for about 38.22% of the annual net profit.</p>
<p><img decoding="async" src="https://p5.itc.cn/q_70/images03/20210414/d76db7d1b48e4bd09018bfd02b6ca6fa.jpeg"></p>
<p>Data source: Wind</p>
<p>On the evening of April 14, Gree Electric also disclosed its performance forecast for the first quarter of 2021. It expects to achieve a total operating income of 32 billion-36.5 billion yuan in the first quarter, an increase of 11.1 billion-15.6 billion from the 20.9 billion in the same period in 2020 Yuan; net profit attributable to shareholders of listed companies was 3.21 billion-3.8 billion yuan, a year-on-year increase of 106%-144%.</p>
<p>Gree Electric said that in the first quarter of 2021, the company&#8217;s revenue and profit increased significantly compared with the same period last year. The main reasons are as follows: In the first quarter of 2020, due to the impact of the novel coronavirus pneumonia epidemic, and the new energy efficiency standards intensified industry competition, the company&#8217;s short-term performance was under pressure. In the first quarter of 2021, the company steadily promoted the reform of sales channels and internal management, implemented active promotion policies, and promoted performance recovery by leveraging on brand, technology and channel advantages.</p>
<p>The Economic Observer Network reporter noted that Gree Electric expects to double its net profit in the first quarter of 2021 due to the impact of the epidemic in the performance of the first quarter of 2020 and a low base. However, compared with the net profit in the fourth quarter of 2020, its net profit in the first quarter of 2021 has dropped significantly from the previous quarter, which is expected to decrease by 4.676 billion yuan to 5.266 billion yuan.</p>
<p>As of the close of April 14, Gree Electric reported closing at 59.92 yuan per share, with a total market value of 360.5 billion yuan.</p>
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		<title>Millions in profits and scarce staff</title>
		<link>https://en.spress.net/millions-in-profits-and-scarce-staff/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Fri, 16 Apr 2021 12:00:08 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[doctors]]></category>
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					<description><![CDATA[The clinic group Helios also made profits in the crisis year 2020 and is offering investors the prospect of higher dividends. At the same time is after mdr-Research staff too scarce to deal with emergencies. By C. Haentjes, C. Huppertz, I. Dippmann and S. Kloppmann, mdr The Heart Center Leipzig is one of the leading [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>The clinic group Helios also made profits in the crisis year 2020 and is offering investors the prospect of higher dividends. At the same time is after </strong><strong><em>mdr</em></strong><strong>-Research staff too scarce to deal with emergencies.</strong> </p>
<p> By C. Haentjes, C. Huppertz, I. Dippmann and S. Kloppmann, mdr The Heart Center Leipzig is one of the leading specialist clinics for heart medicine in Europe. But staff is so tightly planned here that emergencies often cannot be accepted, say various doctors at the clinic <em>mdr news magazine Exakt</em>. You want to remain anonymous; they fear losing their jobs &#8211; and legal consequences. The doctors report, among other things, that almost every third day the emergency control center should be signaled that they should not be approached. &#8220;It is the case that our intensive care unit cannot fulfill its care assignment for a large part of the time and has to cancel the admission of acutely ill patients,&#8221; says a doctor who wants to remain anonymous. &#8220;We have to cancel patients who have an appointment for a routine admission and put them off at some point without looking at them. It&#8217;s a lottery if I don&#8217;t know the patient.&#8221; There are always patients who die on the waiting list, said the doctor.</p>
<h2>For treatment in another federal state</h2>
<p>This is not only the case at the previous highs of the corona pandemic &#8211; it also occurs in normal emergencies: heart attacks, acute cardiac insufficiency or pulmonary embolisms. Such emergencies require immediate treatment or valuable time is lost. For example in the case of a so-called aortic dissection: a cardiac surgical emergency in which the chance of survival drops by five percent every hour. A clinic in Leipzig asked the heart center about this. Without success, says another doctor, who also wants to remain anonymous. &#8220;This patient could not be admitted to the clinic because it was not possible to operate or monitor an operated patient. For personal reasons. He had to be transported far away. To another federal state.&#8221; <em>mdr Exactly</em> ask at the clinic. She replies in writing: &#8220;We are aware of the case. This transfer was (&#8230;) rejected by us due to the situation. (&#8230;) We had a very busy intensive care unit that day.&#8221; The clinic admits that there have also been cancellations from the rescue control center, and at the same time emphasizes that this only affected non-life-threatening emergencies. The clinic denies all other allegations made by the doctors. Any capacity bottlenecks are due to the corona pandemic. But there have long been disputes &#8211; also in court &#8211; about overtime regulations.</p>
<h2>Further downsizing planned? </h2>
<p>Across from <em>mdr Exactly </em>the heart center confirms plans to cut staff. There are plans of this kind in other Helios clinics as well, says the chairwoman of the Marburger Bund doctors&#8217; union, Susanne Johna: &#8220;In fact, we hear from our members in almost all regional associations that the Helios group should cut medical positions. It seems that way That Helios plans to cut about ten percent of the doctor&#8217;s positions in the company. And that means that the doctors who stay will have to work even more overtime. &#8221; Obviously, it&#8217;s about profitability. Internal reports that <em>mdr Exactly</em> show that the heart clinic&#8217;s profit in the Corona year 2020 was 23 million euros before interest and taxes. That is an increase of 43 percent compared to 2019. The shareholders are promised higher dividends. Nevertheless, cuts are also planned in the Leipzig Heart Center. According to information from <em>mdr Exactly</em> as many doctors as possible should reduce their working hours to 95 percent. Fixed-term contracts are reported to expire in April. That would be in the middle of the third corona wave &#8211; i.e. exactly when the need for staff is particularly high. The clinic, however, speaks of June.</p>
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		<title>Preventing virtual land fever: It is necessary to have transparent information on project planning and progress</title>
		<link>https://en.spress.net/preventing-virtual-land-fever-it-is-necessary-to-have-transparent-information-on-project-planning-and-progress/</link>
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		<dc:creator><![CDATA[Toàn Thắng]]></dc:creator>
		<pubDate>Thu, 15 Apr 2021 09:12:12 +0000</pubDate>
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					<description><![CDATA[Deputy Minister of Construction Nguyen Van Sinh suggested localities focus on completing and approving planning projects, ensuring full legality for projects. At the same time, publicly announcing information about the planning and implementation progress of projects to make information transparent, prevent the spread of rumors, speculation to push prices, to profit from some projects that [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Deputy Minister of Construction Nguyen Van Sinh suggested localities focus on completing and approving planning projects, ensuring full legality for projects. At the same time, publicly announcing information about the planning and implementation progress of projects to make information transparent, prevent the spread of rumors, speculation to push prices, to profit from some projects that happened in last time.</strong><br />
<span id="more-1096"></span> </p>
<p><img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_15_146_38535098/8dab6ddd479faec1f78e.jpg" width="625" height="430"></p>
<p><em>Deputy Minister of Construction Nguyen Van Sinh. Photo: VGP </em></p>
<p>This is the information emphasized by Deputy Minister of Construction Nguyen Van Sinh during the meeting to provide information to a number of press agencies about the situation of land fever, virtual land fever in some localities in recent years.</p>
<p><strong>There are many &#8220;risks&#8221; in real estate transactions</strong></p>
<p>Deputy Minister Nguyen Van Sinh said that in the first quarter of 2021, the real estate market had many fluctuations, although the volume of real estate transactions under the supervision of the Ministry of Construction, was only about 70% of the transactions in the fourth quarter of 2020.</p>
<p>Real estate prices increased slightly, especially apartments also increased from 5% to 10%. In particular, land prices have had a hot, local phenomenon in some localities across the country such as areas around Hanoi, Quang Ninh, Hai Phong, Bac Ninh, Bac Giang, Hoa Binh, Phu Tho, Ho Chi Minh City, Dong Nai. , Binh Duong, Binh Phuoc, Binh Thuan &#8230;</p>
<p>Many people leave their jobs and production to trade land, creating local land fever phenomenon and risks affecting socio-economic development in the area.</p>
<p>It is worrying that many real estate transactions have emerged problems affecting the interests of people, especially real estate transactions with ineligible legal conditions.</p>
<p>“That is a situation that many projects that have not invested in technical infrastructure have real estate transactions; Many transactions took place with forest land, agricultural land, production and business land that has not been used for investment in real estate projects. It can be said that these transactions do not guarantee legal requirements, potential risks for people when investing in real estate in the past time, &#8220;Deputy Minister Nguyen Van Sinh warned.</p>
<p><strong>Five causes of land fever &#8211; virtual land fever</strong></p>
<p>According to Deputy Minister of Construction Nguyen Van Sinh, in recent years, most localities have been very active in preparing provincial planning according to the provisions of the Law on Planning 2017. At the same time, localities are also interested in the planning investment and development of urban projects, housing projects, and large-scale technical infrastructure projects. Urban upgrading is also happening synchronously.</p>
<p>Deputy Minister Nguyen Van Sinh stated, “The planning and announcement of the local planning has not been made public and transparent for timely orientation for people and businesses, leading to investors and businesses. The real estate has taken advantage of this lack of transparency to push land prices up as in the past &#8220;.</p>
<p><img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_15_146_38535098/05b3e2c5c88721d97896.jpg" width="625" height="362"></p>
<p><em>Land fever has occurred in some localities in recent years. Photo: VGP </em></p>
<p>Second, due to the impact of the COVID-19 epidemic, the bank interest rates, including those at commercial banks, are very low. This investment channel is not attractive to people to send money. Therefore, at present, many investors and people with idle money tend to invest in real estate transactions because they think that this transaction is safe, effective and has opportunities for the future.</p>
<p>The third reason, according to Deputy Minister Nguyen Van Sinh, in recent years, the investment in the development of housing, real estate and urban projects has also faced many difficulties, especially legal procedures. Land management, investment and construction are still difficult, leading to a limited supply of real estate.</p>
<p>Next is the investment and development of affordable commercial housing, social housing, for the poor in urban areas as well as workers in industrial zones that have not been given adequate attention by localities. leading to a lack of social housing supply, not meeting the needs and needs of the current people.</p>
<p>Fifth, now some localities have had a policy of increasing land prices according to the roadmap with an increase of 15-20%. Although this land price increase has not affected much real estate transactions today, because real estate transactions have now been allocated land and invested in the past, but the policy of increasing land prices has affected. affecting psychology and the increase in real estate prices in recent times.</p>
<p><strong>Transparency about planning and implementation progress of projects</strong></p>
<p>Deputy Minister Nguyen Van Sinh said that over the past time, the Government and the Prime Minister have focused on directing ministries and localities to drastically step in and take specific solutions to prevent and strictly deal with the phenomenon. virtual land fever in some localities.</p>
<p>Specifically, focus on building and perfecting the legal system related to land, real estate investment, construction and trading to remove difficulties, especially in terms of investment order and procedures.</p>
<p>The Government has submitted and approved by the National Assembly the amended Investment Law, the amended Construction Law, the decrees have also been issued by the Government such as the Decree guiding the Construction Law, the Decree guiding the Investment Law; Amended Decrees related to the Decree on management and development of housing projects and guide the Housing Law and the Decree on social housing development.</p>
<p>Along with that, the Government has also instructed the State Bank of Vietnam to better control credit, especially credit in real estate, to avoid &#8220;double risks&#8221; in this area.</p>
<p>At the same time, to direct localities to focus on investment in developing social housing, cheap commercial housing to meet the housing needs of people, especially workers in industrial zones.</p>
<p>For localities, Deputy Minister of Construction Nguyen Van Sinh suggested that in the coming time, focus on completing and approving planning projects, paying attention to urban development projects, housing projects. ensure synchronous technical infrastructure, social infrastructure and full legal status for real estate projects, control real estate transactions to ensure demand.</p>
<p>Continuing to make public information about the planning and implementation progress of projects in order to make information transparent, prevent the spread of rumors, speculation to push prices and profit from a number of projects that have occurred. out in the past.</p>
<p>In addition, there should be strict measures to prevent the transfer of land use rights, division of plots, sale of land in some areas that have not yet been allowed to invest. Deputy Minister of Construction Nguyen Van Sinh proposed to manage and control the purchase and sale of real estate transactions many times to better control the increase in land prices, especially through management measures. very good organizations and individuals in real estate transactions and brokerage.</p>
<p>At the same time, it is suggested that localities in the coming time strengthen the inspection, examination and strictly handle cases of real estate investment and trading in contravention of regulations, especially ghost projects, projects are not enough. Legal documents, real estate business conditions.</p>
<p>For real estate businesses, it is necessary to strictly comply with the investment order and procedures, especially the procedures for land allocation and construction investment, so that real estate investment and business projects are fully fully legal, complying with regulations on construction investment in real estate projects.</p>
<p>In the coming time, businesses need to pay attention to invest in real estate and housing projects to ensure synchronous technical infrastructure, social infrastructure, legal status and do business, business transactions. to trade real estate in accordance with law.</p>
<p>Deputy Minister Nguyen Van Sinh also recommended that people and businesses who are interested in the real estate field are very calm, wary of rumors, study and carefully consider legal documents of projects. Real estate transactions and real estate transactions only when there is clear legal documents, in accordance with the provisions of the law.</p>
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