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2021-08-02

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China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.

2021-08-02

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China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.

2021-07-07

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The "Misery Index" foreshadows the trends of gold and US stocks: one upward, the other downward.

2021-07-06

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09:56","market":"sh","language":"zh","title":"China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.","url":"https://stock-news.laohu8.com/highlight/detail?id=1171357110","media":"华尔街见闻","summary":"中国7月财新制造业PMI 50.3，前值51.3。\n8月2日公布的2021年7月财新中国制造业PMI（采购经理指数）下降1百分点至50.3，为2020年5月以来最低。\n这一走势与国家统计局制造业PMI","content":"<p>China's Caixin Manufacturing PMI for July was 50.3, down from 51.3 in the previous month.</p><p>The Caixin China Manufacturing PMI (Purchasing Managers' Index) for July 2021, released on August 2, fell by 1 percentage point to 50.3, the lowest level since May 2020.</p><p>This trend is consistent with the National Bureau of Statistics' manufacturing PMI. The National Bureau of Statistics released the manufacturing PMI for July at 50.4, down 0.5 percentage points from June, the lowest since March 2020.</p><p>Manufacturing supply continued to expand in July, but at a weak pace, while demand contracted for the first time in more than a year. The manufacturing production index and new orders index hit 16-month and 15-month lows in July, respectively. Some interviewed companies reported that customer demand was relatively weak; Other companies have reported that rising ex-factory prices have suppressed sales. Data by category shows that new orders for investment products grew strongly, but new orders for consumer goods and intermediate goods decreased.</p><p>External demand remained generally stable, with the new export orders index for manufacturing in July slightly above the expansion/contraction threshold. The epidemic situation in different overseas regions differed, and the impact on exports fluctuated.</p><p>The job market remained largely unchanged, with the manufacturing employment index slightly above the expansion/contraction threshold in July, marking the fourth consecutive month in the expansion range. Some companies are increasing their labor usage to expand production capacity, while others are being relatively cautious. With the stabilization of the job market, the number of backlogged jobs has increased slightly.</p><p>Both the manufacturing purchase price index and the producer price index declined, indicating that inflationary pressures eased slightly in July. However, the purchase price index has been more than 5 percentage points above the boom-bust threshold for eight consecutive months, and surveyed companies said that raw material prices remain high, especially industrial metal prices. In contrast, the ex-factory price index was only slightly above the boom-bust line, recording a new low since October 2020, indicating that market demand is more sensitive to product prices and limiting enterprises' pricing power.</p><p>Affected by localized flooding, the pandemic, and shortages of products such as chips, logistics delivery times continued to extend, and the supplier supply time index remained in the contraction range in July. As raw material prices remained high, manufacturing companies' purchases increased only slightly, and the raw material inventory index declined during the contraction period. Companies continued to utilize finished goods inventory to deliver orders, and the finished goods inventory index remained in contraction territory, but the range narrowed slightly.</p><p>China's manufacturing sector is generally optimistic about its growth prospects for the coming year, but optimism has fallen to a 15-month low. Businesses are worried about when the global pandemic will be brought under control and fear that supply chains will continue to be disrupted.</p><p>Wang Zhe, a senior economist at Caixin Think Tank, said that the expansion of the manufacturing sector slowed marginally in July, market supply continued to expand, demand began to come under pressure, and companies were cautious about increasing employees and raw material procurement. Inflationary pressures have eased somewhat, and manufacturing entrepreneurs remain optimistic about the future, but they are now below the long-term average. Data from the Caixin China Manufacturing PMI in July shows that the foundation for the national economic recovery is not solid, the downward pressure on the economy remains significant, and the confidence of entrepreneurs also needs to be protected.</p>","source":"highlight_wallstreetcn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-08-02 09:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>China's Caixin Manufacturing PMI for July was 50.3, down from 51.3 in the previous month.</p><p>The Caixin China Manufacturing PMI (Purchasing Managers' Index) for July 2021, released on August 2, fell by 1 percentage point to 50.3, the lowest level since May 2020.</p><p>This trend is consistent with the National Bureau of Statistics' manufacturing PMI. The National Bureau of Statistics released the manufacturing PMI for July at 50.4, down 0.5 percentage points from June, the lowest since March 2020.</p><p>Manufacturing supply continued to expand in July, but at a weak pace, while demand contracted for the first time in more than a year. The manufacturing production index and new orders index hit 16-month and 15-month lows in July, respectively. Some interviewed companies reported that customer demand was relatively weak; Other companies have reported that rising ex-factory prices have suppressed sales. Data by category shows that new orders for investment products grew strongly, but new orders for consumer goods and intermediate goods decreased.</p><p>External demand remained generally stable, with the new export orders index for manufacturing in July slightly above the expansion/contraction threshold. The epidemic situation in different overseas regions differed, and the impact on exports fluctuated.</p><p>The job market remained largely unchanged, with the manufacturing employment index slightly above the expansion/contraction threshold in July, marking the fourth consecutive month in the expansion range. Some companies are increasing their labor usage to expand production capacity, while others are being relatively cautious. With the stabilization of the job market, the number of backlogged jobs has increased slightly.</p><p>Both the manufacturing purchase price index and the producer price index declined, indicating that inflationary pressures eased slightly in July. However, the purchase price index has been more than 5 percentage points above the boom-bust threshold for eight consecutive months, and surveyed companies said that raw material prices remain high, especially industrial metal prices. In contrast, the ex-factory price index was only slightly above the boom-bust line, recording a new low since October 2020, indicating that market demand is more sensitive to product prices and limiting enterprises' pricing power.</p><p>Affected by localized flooding, the pandemic, and shortages of products such as chips, logistics delivery times continued to extend, and the supplier supply time index remained in the contraction range in July. As raw material prices remained high, manufacturing companies' purchases increased only slightly, and the raw material inventory index declined during the contraction period. Companies continued to utilize finished goods inventory to deliver orders, and the finished goods inventory index remained in contraction territory, but the range narrowed slightly.</p><p>China's manufacturing sector is generally optimistic about its growth prospects for the coming year, but optimism has fallen to a 15-month low. Businesses are worried about when the global pandemic will be brought under control and fear that supply chains will continue to be disrupted.</p><p>Wang Zhe, a senior economist at Caixin Think Tank, said that the expansion of the manufacturing sector slowed marginally in July, market supply continued to expand, demand began to come under pressure, and companies were cautious about increasing employees and raw material procurement. Inflationary pressures have eased somewhat, and manufacturing entrepreneurs remain optimistic about the future, but they are now below the long-term average. Data from the Caixin China Manufacturing PMI in July shows that the foundation for the national economic recovery is not solid, the downward pressure on the economy remains significant, and the confidence of entrepreneurs also needs to be protected.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3636875\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/135fb5b6f21d9ee05edcb64a0736f62f","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3636875","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1171357110","content_text":"中国7月财新制造业PMI 50.3，前值51.3。\n8月2日公布的2021年7月财新中国制造业PMI（采购经理指数）下降1百分点至50.3，为2020年5月以来最低。\n这一走势与国家统计局制造业PMI一致。统计局公布的7月制造业PMI录得50.4，较6月下降0.5个百分点，为2020年3月以来最低。\n7月制造业供给继续扩张，但扩长速度仅为微弱，需求则出现一年多来首次收缩。7月制造业生产指数和新订单指数分别录得16个月和15个月以来新低。部分受访企业反映，客户需求相对疲弱；另有企业反映，产品出厂价格上扬抑制了销售。分类别数据显示，投资品类新订单增长强劲，但消费品和中间品类新订单减少。\n外需总体维持稳定，7月制造业新出口订单指数略高于荣枯线，海外不同地区疫情形势分化，对出口影响此消彼长。\n就业市场变化不大，7月制造业就业指数略高于荣枯线，连续第四个月位于扩张区间。部分企业增加劳动力使用以扩大产能，另一部分企业则相对谨慎。伴随着就业市场的稳定，积压工作数量略有增加。\n制造业购进价格指数和出厂价格指数双双下降，显示通胀压力在7月略有缓解。不过，购进价格指数已连续八个月高于荣枯线5个百分点以上，受访企业表示原材料价格居高不下，尤其是工业金属价格高企。相比之下，出厂价格指数仅略高于荣枯线，录得2020年10月以来新低，表明市场需求对产品价格较为敏感，限制了企业定价能力。\n受局部区域洪涝、疫情以及芯片等产品短缺影响，物流交付时间继续延长，7月供应商供应时间指数继续位于收缩区间。由于原材料价格依然处于高位，制造业企业采购量仅略有增加，原材料库存指数在收缩区间下降。企业继续动用产成品库存交付订单，产成品库存指数继续处于收缩区间，但幅度略有收窄。\n中国制造业界对未来一年的增长前景普遍感到乐观，但乐观度下滑至15个月低点。企业忧虑全球疫情未知何时才能受控，担心供应链继续受阻扰。\n财新智库高级经济学家王喆表示，7月制造业扩张势头边际放缓，市场供给继续扩张，需求开始承压，企业在增加雇员和原材料采购方面态度谨慎。通胀压力部分得到缓解，制造业企业家对未来依旧保持乐观，但已低于长期均值。7月财新中国制造业PMI相关数据显示，目前国民经济恢复基础并不稳固，经济下行压力依然较大，企业家信心亦需呵护。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":4979,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805815627,"gmtCreate":1627869690769,"gmtModify":1703496854035,"author":{"id":"3584243309772452","authorId":"3584243309772452","name":"旋舞","avatar":"https://static.tigerbbs.com/2ac3b3bfee0d8a9e48fb5d7fb51a3a0a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584243309772452","idStr":"3584243309772452"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805815627","repostId":"1171357110","repostType":4,"repost":{"id":"1171357110","kind":"news","pubTimestamp":1627869360,"share":"https://ttm.financial/m/news/1171357110?lang=en_US&edition=fundamental","pubTime":"2021-08-02 09:56","market":"sh","language":"zh","title":"China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.","url":"https://stock-news.laohu8.com/highlight/detail?id=1171357110","media":"华尔街见闻","summary":"中国7月财新制造业PMI 50.3，前值51.3。\n8月2日公布的2021年7月财新中国制造业PMI（采购经理指数）下降1百分点至50.3，为2020年5月以来最低。\n这一走势与国家统计局制造业PMI","content":"<p>China's Caixin Manufacturing PMI for July was 50.3, down from 51.3 in the previous month.</p><p>The Caixin China Manufacturing PMI (Purchasing Managers' Index) for July 2021, released on August 2, fell by 1 percentage point to 50.3, the lowest level since May 2020.</p><p>This trend is consistent with the National Bureau of Statistics' manufacturing PMI. The National Bureau of Statistics released the manufacturing PMI for July at 50.4, down 0.5 percentage points from June, the lowest since March 2020.</p><p>Manufacturing supply continued to expand in July, but at a weak pace, while demand contracted for the first time in more than a year. The manufacturing production index and new orders index hit 16-month and 15-month lows in July, respectively. Some interviewed companies reported that customer demand was relatively weak; Other companies have reported that rising ex-factory prices have suppressed sales. Data by category shows that new orders for investment products grew strongly, but new orders for consumer goods and intermediate goods decreased.</p><p>External demand remained generally stable, with the new export orders index for manufacturing in July slightly above the expansion/contraction threshold. The epidemic situation in different overseas regions differed, and the impact on exports fluctuated.</p><p>The job market remained largely unchanged, with the manufacturing employment index slightly above the expansion/contraction threshold in July, marking the fourth consecutive month in the expansion range. Some companies are increasing their labor usage to expand production capacity, while others are being relatively cautious. With the stabilization of the job market, the number of backlogged jobs has increased slightly.</p><p>Both the manufacturing purchase price index and the producer price index declined, indicating that inflationary pressures eased slightly in July. However, the purchase price index has been more than 5 percentage points above the boom-bust threshold for eight consecutive months, and surveyed companies said that raw material prices remain high, especially industrial metal prices. In contrast, the ex-factory price index was only slightly above the boom-bust line, recording a new low since October 2020, indicating that market demand is more sensitive to product prices and limiting enterprises' pricing power.</p><p>Affected by localized flooding, the pandemic, and shortages of products such as chips, logistics delivery times continued to extend, and the supplier supply time index remained in the contraction range in July. As raw material prices remained high, manufacturing companies' purchases increased only slightly, and the raw material inventory index declined during the contraction period. Companies continued to utilize finished goods inventory to deliver orders, and the finished goods inventory index remained in contraction territory, but the range narrowed slightly.</p><p>China's manufacturing sector is generally optimistic about its growth prospects for the coming year, but optimism has fallen to a 15-month low. Businesses are worried about when the global pandemic will be brought under control and fear that supply chains will continue to be disrupted.</p><p>Wang Zhe, a senior economist at Caixin Think Tank, said that the expansion of the manufacturing sector slowed marginally in July, market supply continued to expand, demand began to come under pressure, and companies were cautious about increasing employees and raw material procurement. Inflationary pressures have eased somewhat, and manufacturing entrepreneurs remain optimistic about the future, but they are now below the long-term average. Data from the Caixin China Manufacturing PMI in July shows that the foundation for the national economic recovery is not solid, the downward pressure on the economy remains significant, and the confidence of entrepreneurs also needs to be protected.</p>","source":"highlight_wallstreetcn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-08-02 09:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>China's Caixin Manufacturing PMI for July was 50.3, down from 51.3 in the previous month.</p><p>The Caixin China Manufacturing PMI (Purchasing Managers' Index) for July 2021, released on August 2, fell by 1 percentage point to 50.3, the lowest level since May 2020.</p><p>This trend is consistent with the National Bureau of Statistics' manufacturing PMI. The National Bureau of Statistics released the manufacturing PMI for July at 50.4, down 0.5 percentage points from June, the lowest since March 2020.</p><p>Manufacturing supply continued to expand in July, but at a weak pace, while demand contracted for the first time in more than a year. The manufacturing production index and new orders index hit 16-month and 15-month lows in July, respectively. Some interviewed companies reported that customer demand was relatively weak; Other companies have reported that rising ex-factory prices have suppressed sales. Data by category shows that new orders for investment products grew strongly, but new orders for consumer goods and intermediate goods decreased.</p><p>External demand remained generally stable, with the new export orders index for manufacturing in July slightly above the expansion/contraction threshold. The epidemic situation in different overseas regions differed, and the impact on exports fluctuated.</p><p>The job market remained largely unchanged, with the manufacturing employment index slightly above the expansion/contraction threshold in July, marking the fourth consecutive month in the expansion range. Some companies are increasing their labor usage to expand production capacity, while others are being relatively cautious. With the stabilization of the job market, the number of backlogged jobs has increased slightly.</p><p>Both the manufacturing purchase price index and the producer price index declined, indicating that inflationary pressures eased slightly in July. However, the purchase price index has been more than 5 percentage points above the boom-bust threshold for eight consecutive months, and surveyed companies said that raw material prices remain high, especially industrial metal prices. In contrast, the ex-factory price index was only slightly above the boom-bust line, recording a new low since October 2020, indicating that market demand is more sensitive to product prices and limiting enterprises' pricing power.</p><p>Affected by localized flooding, the pandemic, and shortages of products such as chips, logistics delivery times continued to extend, and the supplier supply time index remained in the contraction range in July. As raw material prices remained high, manufacturing companies' purchases increased only slightly, and the raw material inventory index declined during the contraction period. Companies continued to utilize finished goods inventory to deliver orders, and the finished goods inventory index remained in contraction territory, but the range narrowed slightly.</p><p>China's manufacturing sector is generally optimistic about its growth prospects for the coming year, but optimism has fallen to a 15-month low. Businesses are worried about when the global pandemic will be brought under control and fear that supply chains will continue to be disrupted.</p><p>Wang Zhe, a senior economist at Caixin Think Tank, said that the expansion of the manufacturing sector slowed marginally in July, market supply continued to expand, demand began to come under pressure, and companies were cautious about increasing employees and raw material procurement. Inflationary pressures have eased somewhat, and manufacturing entrepreneurs remain optimistic about the future, but they are now below the long-term average. Data from the Caixin China Manufacturing PMI in July shows that the foundation for the national economic recovery is not solid, the downward pressure on the economy remains significant, and the confidence of entrepreneurs also needs to be protected.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3636875\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/135fb5b6f21d9ee05edcb64a0736f62f","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3636875","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1171357110","content_text":"中国7月财新制造业PMI 50.3，前值51.3。\n8月2日公布的2021年7月财新中国制造业PMI（采购经理指数）下降1百分点至50.3，为2020年5月以来最低。\n这一走势与国家统计局制造业PMI一致。统计局公布的7月制造业PMI录得50.4，较6月下降0.5个百分点，为2020年3月以来最低。\n7月制造业供给继续扩张，但扩长速度仅为微弱，需求则出现一年多来首次收缩。7月制造业生产指数和新订单指数分别录得16个月和15个月以来新低。部分受访企业反映，客户需求相对疲弱；另有企业反映，产品出厂价格上扬抑制了销售。分类别数据显示，投资品类新订单增长强劲，但消费品和中间品类新订单减少。\n外需总体维持稳定，7月制造业新出口订单指数略高于荣枯线，海外不同地区疫情形势分化，对出口影响此消彼长。\n就业市场变化不大，7月制造业就业指数略高于荣枯线，连续第四个月位于扩张区间。部分企业增加劳动力使用以扩大产能，另一部分企业则相对谨慎。伴随着就业市场的稳定，积压工作数量略有增加。\n制造业购进价格指数和出厂价格指数双双下降，显示通胀压力在7月略有缓解。不过，购进价格指数已连续八个月高于荣枯线5个百分点以上，受访企业表示原材料价格居高不下，尤其是工业金属价格高企。相比之下，出厂价格指数仅略高于荣枯线，录得2020年10月以来新低，表明市场需求对产品价格较为敏感，限制了企业定价能力。\n受局部区域洪涝、疫情以及芯片等产品短缺影响，物流交付时间继续延长，7月供应商供应时间指数继续位于收缩区间。由于原材料价格依然处于高位，制造业企业采购量仅略有增加，原材料库存指数在收缩区间下降。企业继续动用产成品库存交付订单，产成品库存指数继续处于收缩区间，但幅度略有收窄。\n中国制造业界对未来一年的增长前景普遍感到乐观，但乐观度下滑至15个月低点。企业忧虑全球疫情未知何时才能受控，担心供应链继续受阻扰。\n财新智库高级经济学家王喆表示，7月制造业扩张势头边际放缓，市场供给继续扩张，需求开始承压，企业在增加雇员和原材料采购方面态度谨慎。通胀压力部分得到缓解，制造业企业家对未来依旧保持乐观，但已低于长期均值。7月财新中国制造业PMI相关数据显示，目前国民经济恢复基础并不稳固，经济下行压力依然较大，企业家信心亦需呵护。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3938,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140414095,"gmtCreate":1625668609817,"gmtModify":1703746118238,"author":{"id":"3584243309772452","authorId":"3584243309772452","name":"旋舞","avatar":"https://static.tigerbbs.com/2ac3b3bfee0d8a9e48fb5d7fb51a3a0a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584243309772452","idStr":"3584243309772452"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140414095","repostId":"1151513622","repostType":4,"repost":{"id":"1151513622","kind":"news","pubTimestamp":1625663183,"share":"https://ttm.financial/m/news/1151513622?lang=en_US&edition=fundamental","pubTime":"2021-07-07 21:06","market":"us","language":"zh","title":"The \"Misery Index\" foreshadows the trends of gold and US stocks: one upward, the other downward.","url":"https://stock-news.laohu8.com/highlight/detail?id=1151513622","media":"金十数据","summary":"苦难指数是通货膨胀率和失业率的总和，一直跟美国股票与黄金价格的比率高度相关。","content":"<p>Stuart Allsopp Follow, who previously served as Head of Financial Markets at Fitch Solutions and has 15 years of global market analysis experience, stated:</p><p>\"According to the distress index, inflation and unemployment are currently rising, but the S&P 500 remains at a multi-year high relative to gold. This is very similar to the precursors of previous U.S. economic recessions, so I expect the Great Depression to repeat itself.\" What is the suffering index?</p><p>The distress index, the sum of inflation and unemployment, has historically been highly correlated with the ratio of U.S. stocks to gold prices. The misery index is calculated by adding the inflation rate to the seasonally adjusted unemployment rate to arrive at a measure of the degree of stagflation in the economy.</p><p>Compared to the S&P 500 index,<b>High inflation and high unemployment are beneficial to gold prices.</b></p><p>The chart below shows the correlation between the distress index and the S&P 500/gold ratio, with data dating back to the 1950s.</p><p><img src=\"https://static.tigerbbs.com/1104d2bb96784e45c39ad4557045384a\" tg-width=\"745\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p><p>The current S&P 500/gold ratio is close to double what people expected. Stuart Allmushroom Follow Represents:</p><p>“We have also seen such a large difference between the two indices in data from 1971, 1975 and 2000, far exceeding the ‘reasonable’ level of the suffering index.” The chart below shows how overvalued the S&P 500/gold ratio is relative to the distress index, and the subsequent 10-year annual return ratio.</p><p><img src=\"https://static.tigerbbs.com/9258bfad74b1199cac2e171b3dccfa9d\" tg-width=\"623\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Stuart Allsopp Follow stated that the relationship between stocks and the golden ratio is a frequently used tool for investment decisions, and he discovered a conclusion through his research on trends:</p><p>\"There is a lot of evidence that U.S. stocks will be long-term losers relative to the future trend of precious metals, especially with the distress index likely to continue to rise. The only good news is that I expect gold to perform exceptionally well.\" In addition, analysts expect the United States to continue to implement loose policies. One of the previous assumptions of the policy was that there was an inverse relationship between inflation and unemployment. That is, if the unemployment rate is high, it reflects economic weakness, and loose monetary policy can reduce this weakness, but at the cost of enduring a continuously rising inflation rate.</p><p>Analysts believe that, based on the U.S. government's current performance, it is highly likely that increasingly aggressive monetary and fiscal policies will continue until more bad news arrives (such as further deterioration in inflation).<b>But this could be a time bomb that could explode at any moment.</b></p><p>It is worth mentioning that Wells Fargo Securities recently issued a warning that the day of liquidation for technology stocks is expected to arrive soon, with US stocks expected to plummet by 12%, urging investors to take profits.</p>","source":"jssj","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The \"Misery Index\" foreshadows the trends of gold and US stocks: one upward, the other downward.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe \"Misery Index\" foreshadows the trends of gold and US stocks: one upward, the other downward.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金十数据</strong><span class=\"h-time small\">2021-07-07 21:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stuart Allsopp Follow, who previously served as Head of Financial Markets at Fitch Solutions and has 15 years of global market analysis experience, stated:</p><p>\"According to the distress index, inflation and unemployment are currently rising, but the S&P 500 remains at a multi-year high relative to gold. This is very similar to the precursors of previous U.S. economic recessions, so I expect the Great Depression to repeat itself.\" What is the suffering index?</p><p>The distress index, the sum of inflation and unemployment, has historically been highly correlated with the ratio of U.S. stocks to gold prices. The misery index is calculated by adding the inflation rate to the seasonally adjusted unemployment rate to arrive at a measure of the degree of stagflation in the economy.</p><p>Compared to the S&P 500 index,<b>High inflation and high unemployment are beneficial to gold prices.</b></p><p>The chart below shows the correlation between the distress index and the S&P 500/gold ratio, with data dating back to the 1950s.</p><p><img src=\"https://static.tigerbbs.com/1104d2bb96784e45c39ad4557045384a\" tg-width=\"745\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p><p>The current S&P 500/gold ratio is close to double what people expected. Stuart Allmushroom Follow Represents:</p><p>“We have also seen such a large difference between the two indices in data from 1971, 1975 and 2000, far exceeding the ‘reasonable’ level of the suffering index.” The chart below shows how overvalued the S&P 500/gold ratio is relative to the distress index, and the subsequent 10-year annual return ratio.</p><p><img src=\"https://static.tigerbbs.com/9258bfad74b1199cac2e171b3dccfa9d\" tg-width=\"623\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Stuart Allsopp Follow stated that the relationship between stocks and the golden ratio is a frequently used tool for investment decisions, and he discovered a conclusion through his research on trends:</p><p>\"There is a lot of evidence that U.S. stocks will be long-term losers relative to the future trend of precious metals, especially with the distress index likely to continue to rise. The only good news is that I expect gold to perform exceptionally well.\" In addition, analysts expect the United States to continue to implement loose policies. One of the previous assumptions of the policy was that there was an inverse relationship between inflation and unemployment. That is, if the unemployment rate is high, it reflects economic weakness, and loose monetary policy can reduce this weakness, but at the cost of enduring a continuously rising inflation rate.</p><p>Analysts believe that, based on the U.S. government's current performance, it is highly likely that increasingly aggressive monetary and fiscal policies will continue until more bad news arrives (such as further deterioration in inflation).<b>But this could be a time bomb that could explode at any moment.</b></p><p>It is worth mentioning that Wells Fargo Securities recently issued a warning that the day of liquidation for technology stocks is expected to arrive soon, with US stocks expected to plummet by 12%, urging investors to take profits.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://xnews.jin10.com/details/77333\">金十数据</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bf9ac23bac84c629134c18540a11264a","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://xnews.jin10.com/details/77333","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151513622","content_text":"曾担任Fitch Solutions金融市场主管，拥有15年的全球市场分析经验的Stuart Allsopp Follow表示：\n\n “根据苦难指数来看，目前通胀水平以及失业率都在上升，但标准普尔500指数相对于黄金仍处于多年高位。这与美国前几次经济衰退的前兆非常相似，因此我预计经济大萧条历史会重演。”\n\n什么是苦难指数？\n苦难指数是通货膨胀率和失业率的总和，历史上一直跟美国股票与黄金价格的比率高度相关。苦难指数的计算方法是将通胀率与季节性调整的失业率相加，得出一个衡量经济滞胀程度的指标。\n相对于标准普尔500指数而言，高通胀和高失业率有利于黄金价格。\n下图显示了苦难指数与标准普尔500指数/黄金比率之间的相关性，数据可追溯到1950年代。\n\n目前的标准普尔500指数/黄金比率，已经接近人们所预期的两倍。Stuart Allsopp Follow表示：\n\n “我们在1971、1975和2000年的数据里，也曾看到两个指数之间存在如此大的差异，远高于苦难指数‘合理’的水平。”\n\n下图显示了标准普尔500指数/黄金比率相对于苦难指数的高估程度，与随后的10年年度回报比率。\n\nStuart Allsopp Follow表示，股票与黄金比率之间的关系是经常用来作投资决策的工具，他通过研究趋势发现一个结论：\n\n “有很多证据表明美国股票相对于贵金属的未来走势来说，将是长期亏损的，特别是在苦难指数可能会继续上升的情况下。唯一的好消息是，我预计黄金的表现将十分出色。”\n\n另外，分析师预计美国将继续推行宽松的政策。此前该政策的一个假设是，通货膨胀与失业率之间存在反比关系。即如果失业率很高，反映了经济的疲软，而宽松的货币政策可以降低这种疲软，但代价是得忍受持续上升的通胀率。\n分析师认为，根据美国政府目前的表现，可以预计在更多的坏消息到来前（例如通胀进一步恶化），越来越激进的货币和财政政策似乎极有可能继续下去。但这可能是一颗随时被引爆的定时炸弹。\n值得一提的是，近日富国证券也发出警告，称科技股清算的日子预计很快将到来，预计美股将大跌12%，敦促投资者获利了结。","news_type":1,"symbols_score_info":{".DJI":0.9,"GCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":4329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154410083,"gmtCreate":1625538148942,"gmtModify":1703743280219,"author":{"id":"3584243309772452","authorId":"3584243309772452","name":"旋舞","avatar":"https://static.tigerbbs.com/2ac3b3bfee0d8a9e48fb5d7fb51a3a0a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584243309772452","idStr":"3584243309772452"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154410083","repostId":"1165762531","repostType":4,"repost":{"id":"1165762531","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625527248,"share":"https://ttm.financial/m/news/1165762531?lang=en_US&edition=fundamental","pubTime":"2021-07-06 07:20","market":"hk","language":"zh","title":"Chaoju Eye Hospital has a 5.67% success rate in winning a single lot; subscribing to 18 lots guarantees one lot.","url":"https://stock-news.laohu8.com/highlight/detail?id=1165762531","media":"老虎资讯综合","summary":"7月6日，朝聚眼科发布公告，公司全球发售1.7093亿股股份，其中香港发售股份8546.5万股，国际发售股份8546.5万股，另有15%超额配股权；发售价已厘定为每股发售股份10.60港元，每手买卖单","content":"<p>On July 6,<a href=\"https://laohu8.com/S/02219\">Chaoju Eye Hospital</a>The company issued an announcement stating that it will offer 170.93 million shares globally, including 85.465 million shares offered in Hong Kong and 85.465 million shares offered internationally, with a 15% over-allotment option. The Offer Price has been fixed at HK$10.60 per Offer Share with board lots of 500 Shares;<a href=\"https://laohu8.com/S/00665\">Haitong International</a>and Huatai International are the Joint Sponsors, and the Shares are expected to be listed on the Main Board of the Stock Exchange on July 7, 2021.</p><p><b>The relevant data compiled by Tiger Information is as follows:</b></p><p><img src=\"https://static.tigerbbs.com/6441c511f91e6e84af7887855b0edc92\" tg-width=\"1059\" tg-height=\"824\" referrerpolicy=\"no-referrer\"></p><p><b>Allocation Results:</b></p><p>Group A has 500 shares per lot, with a 5.67% success rate per lot. One lot is guaranteed to be successful after subscribing to 18 lots.</p><p>Group B consisted of 500,000 shares (1,000 lots) and was allocated 23,000 shares (46 lots).<img src=\"https://static.tigerbbs.com/c6d46a2302cf5f5cd13d74bd999ba571\" tg-width=\"551\" tg-height=\"433\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/22d1f538f9c2dfe684d9be93e828fe18\" tg-width=\"556\" tg-height=\"762\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/48b32d1999086d04329dfb7fa00773ce\" tg-width=\"553\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p>The Offer Shares initially offered under the International Offering have been significantly oversubscribed by approximately 17.83 times. The Offer Shares initially offered under the Hong Kong Public Offering have been significantly oversubscribed. A total of 153,275 valid applications were received for a total of 1.948 billion Shares, representing approximately 113.97 times the total number of Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering.</p><p>Based on the offer price of HK$10.60 per offer share, cornerstone investors have subscribed for a total of 74.6745 million offer shares under the cornerstone investment agreement, representing approximately 10.86% of the company's issued share capital immediately following the completion of the global offering. And approximately 43.69% of the number of Offer Shares under the Global Offering (assuming the Over-allotment Option is not exercised).</p><p>Based on the offer price of HK$10.60 per offer share, the latest estimate is that the company will receive net proceeds from the global offering of approximately HK$1,357.1 million (assuming the over-allotment option is not exercised). The company plans to use approximately 35.8% of the net proceeds to build new hospitals and relocate, upgrade and renovate existing hospitals; Approximately 44.8% will be used to acquire hospitals in new markets with large populations and relatively high demand for ophthalmic medical services when suitable opportunities arise; Approximately 9.4% will be used to upgrade the company's information technology systems; and approximately 10.0% will be used for working capital and other general corporate purposes.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chaoju Eye Hospital has a 5.67% success rate in winning a single lot; subscribing to 18 lots guarantees one lot.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChaoju Eye Hospital has a 5.67% success rate in winning a single lot; subscribing to 18 lots guarantees one lot.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-07-06 07:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On July 6,<a href=\"https://laohu8.com/S/02219\">Chaoju Eye Hospital</a>The company issued an announcement stating that it will offer 170.93 million shares globally, including 85.465 million shares offered in Hong Kong and 85.465 million shares offered internationally, with a 15% over-allotment option. The Offer Price has been fixed at HK$10.60 per Offer Share with board lots of 500 Shares;<a href=\"https://laohu8.com/S/00665\">Haitong International</a>and Huatai International are the Joint Sponsors, and the Shares are expected to be listed on the Main Board of the Stock Exchange on July 7, 2021.</p><p><b>The relevant data compiled by Tiger Information is as follows:</b></p><p><img src=\"https://static.tigerbbs.com/6441c511f91e6e84af7887855b0edc92\" tg-width=\"1059\" tg-height=\"824\" referrerpolicy=\"no-referrer\"></p><p><b>Allocation Results:</b></p><p>Group A has 500 shares per lot, with a 5.67% success rate per lot. One lot is guaranteed to be successful after subscribing to 18 lots.</p><p>Group B consisted of 500,000 shares (1,000 lots) and was allocated 23,000 shares (46 lots).<img src=\"https://static.tigerbbs.com/c6d46a2302cf5f5cd13d74bd999ba571\" tg-width=\"551\" tg-height=\"433\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/22d1f538f9c2dfe684d9be93e828fe18\" tg-width=\"556\" tg-height=\"762\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/48b32d1999086d04329dfb7fa00773ce\" tg-width=\"553\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p>The Offer Shares initially offered under the International Offering have been significantly oversubscribed by approximately 17.83 times. The Offer Shares initially offered under the Hong Kong Public Offering have been significantly oversubscribed. A total of 153,275 valid applications were received for a total of 1.948 billion Shares, representing approximately 113.97 times the total number of Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering.</p><p>Based on the offer price of HK$10.60 per offer share, cornerstone investors have subscribed for a total of 74.6745 million offer shares under the cornerstone investment agreement, representing approximately 10.86% of the company's issued share capital immediately following the completion of the global offering. And approximately 43.69% of the number of Offer Shares under the Global Offering (assuming the Over-allotment Option is not exercised).</p><p>Based on the offer price of HK$10.60 per offer share, the latest estimate is that the company will receive net proceeds from the global offering of approximately HK$1,357.1 million (assuming the over-allotment option is not exercised). The company plans to use approximately 35.8% of the net proceeds to build new hospitals and relocate, upgrade and renovate existing hospitals; Approximately 44.8% will be used to acquire hospitals in new markets with large populations and relatively high demand for ophthalmic medical services when suitable opportunities arise; Approximately 9.4% will be used to upgrade the company's information technology systems; and approximately 10.0% will be used for working capital and other general corporate purposes.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"02219":"朝聚眼科"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165762531","content_text":"7月6日，朝聚眼科发布公告，公司全球发售1.7093亿股股份，其中香港发售股份8546.5万股，国际发售股份8546.5万股，另有15%超额配股权；发售价已厘定为每股发售股份10.60港元，每手买卖单位500股；海通国际及华泰国际为联席保荐人，预期股份将于2021年7月7日于联交所主板挂牌上市。\n老虎资讯整理相关数据如下：\n\n分配结果：\n甲组每手500股，一手中签率5.67%，认购18手稳中一手。\n乙组头为50万股（1000手），获配23000股（46手）。\n根据国际发售初步提呈发售的发售股份已获大幅超额认购约17.83倍。根据香港公开发售初步提呈发售的发售股份已获非常大幅超额认购。合共接获153,275份有效申请，认购合共19.48亿股，相当于根据香港公开发售初步可供认购的香港发售股份总数约113.97倍。\n基于发售价每股发售股份10.60港元计算，根据基石投资协议，基石投资者已认购合共7467.45万股发售股份，合共占紧随全球发售完成后公司已发行股本约10.86%；及全球发售项下发售股份数目约43.69%(假设超额配股权未获行使)。\n基于发售价每股发售股份10.60港元计算，根据最新估计，公司自全球发售收取的所得款项净额估计约为13.571亿港元(假设超额配股权未获行使)。其中，公司拟将所得款项净额约35.8%将用于建立新医院以及搬迁、升级及装修现有医院；约44.8%将在出现合适机遇时，用于在人口庞大且对眼科医疗服务需求相对较高的新市场中收购医院；约9.4%将用于升级公司的信息技术系统；及约10.0%将用于营运资金及其他一般企业用途。","news_type":1,"symbols_score_info":{"02219":0.9}},"isVote":1,"tweetType":1,"viewCount":3693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":154410083,"gmtCreate":1625538148942,"gmtModify":1703743280219,"author":{"id":"3584243309772452","authorId":"3584243309772452","name":"旋舞","avatar":"https://static.tigerbbs.com/2ac3b3bfee0d8a9e48fb5d7fb51a3a0a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584243309772452","idStr":"3584243309772452"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154410083","repostId":"1165762531","repostType":4,"repost":{"id":"1165762531","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625527248,"share":"https://ttm.financial/m/news/1165762531?lang=en_US&edition=fundamental","pubTime":"2021-07-06 07:20","market":"hk","language":"zh","title":"Chaoju Eye Hospital has a 5.67% success rate in winning a single lot; subscribing to 18 lots guarantees one lot.","url":"https://stock-news.laohu8.com/highlight/detail?id=1165762531","media":"老虎资讯综合","summary":"7月6日，朝聚眼科发布公告，公司全球发售1.7093亿股股份，其中香港发售股份8546.5万股，国际发售股份8546.5万股，另有15%超额配股权；发售价已厘定为每股发售股份10.60港元，每手买卖单","content":"<p>On July 6,<a href=\"https://laohu8.com/S/02219\">Chaoju Eye Hospital</a>The company issued an announcement stating that it will offer 170.93 million shares globally, including 85.465 million shares offered in Hong Kong and 85.465 million shares offered internationally, with a 15% over-allotment option. The Offer Price has been fixed at HK$10.60 per Offer Share with board lots of 500 Shares;<a href=\"https://laohu8.com/S/00665\">Haitong International</a>and Huatai International are the Joint Sponsors, and the Shares are expected to be listed on the Main Board of the Stock Exchange on July 7, 2021.</p><p><b>The relevant data compiled by Tiger Information is as follows:</b></p><p><img src=\"https://static.tigerbbs.com/6441c511f91e6e84af7887855b0edc92\" tg-width=\"1059\" tg-height=\"824\" referrerpolicy=\"no-referrer\"></p><p><b>Allocation Results:</b></p><p>Group A has 500 shares per lot, with a 5.67% success rate per lot. One lot is guaranteed to be successful after subscribing to 18 lots.</p><p>Group B consisted of 500,000 shares (1,000 lots) and was allocated 23,000 shares (46 lots).<img src=\"https://static.tigerbbs.com/c6d46a2302cf5f5cd13d74bd999ba571\" tg-width=\"551\" tg-height=\"433\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/22d1f538f9c2dfe684d9be93e828fe18\" tg-width=\"556\" tg-height=\"762\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/48b32d1999086d04329dfb7fa00773ce\" tg-width=\"553\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p>The Offer Shares initially offered under the International Offering have been significantly oversubscribed by approximately 17.83 times. The Offer Shares initially offered under the Hong Kong Public Offering have been significantly oversubscribed. A total of 153,275 valid applications were received for a total of 1.948 billion Shares, representing approximately 113.97 times the total number of Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering.</p><p>Based on the offer price of HK$10.60 per offer share, cornerstone investors have subscribed for a total of 74.6745 million offer shares under the cornerstone investment agreement, representing approximately 10.86% of the company's issued share capital immediately following the completion of the global offering. And approximately 43.69% of the number of Offer Shares under the Global Offering (assuming the Over-allotment Option is not exercised).</p><p>Based on the offer price of HK$10.60 per offer share, the latest estimate is that the company will receive net proceeds from the global offering of approximately HK$1,357.1 million (assuming the over-allotment option is not exercised). The company plans to use approximately 35.8% of the net proceeds to build new hospitals and relocate, upgrade and renovate existing hospitals; Approximately 44.8% will be used to acquire hospitals in new markets with large populations and relatively high demand for ophthalmic medical services when suitable opportunities arise; Approximately 9.4% will be used to upgrade the company's information technology systems; and approximately 10.0% will be used for working capital and other general corporate purposes.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chaoju Eye Hospital has a 5.67% success rate in winning a single lot; subscribing to 18 lots guarantees one lot.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChaoju Eye Hospital has a 5.67% success rate in winning a single lot; subscribing to 18 lots guarantees one lot.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-07-06 07:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On July 6,<a href=\"https://laohu8.com/S/02219\">Chaoju Eye Hospital</a>The company issued an announcement stating that it will offer 170.93 million shares globally, including 85.465 million shares offered in Hong Kong and 85.465 million shares offered internationally, with a 15% over-allotment option. The Offer Price has been fixed at HK$10.60 per Offer Share with board lots of 500 Shares;<a href=\"https://laohu8.com/S/00665\">Haitong International</a>and Huatai International are the Joint Sponsors, and the Shares are expected to be listed on the Main Board of the Stock Exchange on July 7, 2021.</p><p><b>The relevant data compiled by Tiger Information is as follows:</b></p><p><img src=\"https://static.tigerbbs.com/6441c511f91e6e84af7887855b0edc92\" tg-width=\"1059\" tg-height=\"824\" referrerpolicy=\"no-referrer\"></p><p><b>Allocation Results:</b></p><p>Group A has 500 shares per lot, with a 5.67% success rate per lot. One lot is guaranteed to be successful after subscribing to 18 lots.</p><p>Group B consisted of 500,000 shares (1,000 lots) and was allocated 23,000 shares (46 lots).<img src=\"https://static.tigerbbs.com/c6d46a2302cf5f5cd13d74bd999ba571\" tg-width=\"551\" tg-height=\"433\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/22d1f538f9c2dfe684d9be93e828fe18\" tg-width=\"556\" tg-height=\"762\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/48b32d1999086d04329dfb7fa00773ce\" tg-width=\"553\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p>The Offer Shares initially offered under the International Offering have been significantly oversubscribed by approximately 17.83 times. The Offer Shares initially offered under the Hong Kong Public Offering have been significantly oversubscribed. A total of 153,275 valid applications were received for a total of 1.948 billion Shares, representing approximately 113.97 times the total number of Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering.</p><p>Based on the offer price of HK$10.60 per offer share, cornerstone investors have subscribed for a total of 74.6745 million offer shares under the cornerstone investment agreement, representing approximately 10.86% of the company's issued share capital immediately following the completion of the global offering. And approximately 43.69% of the number of Offer Shares under the Global Offering (assuming the Over-allotment Option is not exercised).</p><p>Based on the offer price of HK$10.60 per offer share, the latest estimate is that the company will receive net proceeds from the global offering of approximately HK$1,357.1 million (assuming the over-allotment option is not exercised). The company plans to use approximately 35.8% of the net proceeds to build new hospitals and relocate, upgrade and renovate existing hospitals; Approximately 44.8% will be used to acquire hospitals in new markets with large populations and relatively high demand for ophthalmic medical services when suitable opportunities arise; Approximately 9.4% will be used to upgrade the company's information technology systems; and approximately 10.0% will be used for working capital and other general corporate purposes.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"02219":"朝聚眼科"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165762531","content_text":"7月6日，朝聚眼科发布公告，公司全球发售1.7093亿股股份，其中香港发售股份8546.5万股，国际发售股份8546.5万股，另有15%超额配股权；发售价已厘定为每股发售股份10.60港元，每手买卖单位500股；海通国际及华泰国际为联席保荐人，预期股份将于2021年7月7日于联交所主板挂牌上市。\n老虎资讯整理相关数据如下：\n\n分配结果：\n甲组每手500股，一手中签率5.67%，认购18手稳中一手。\n乙组头为50万股（1000手），获配23000股（46手）。\n根据国际发售初步提呈发售的发售股份已获大幅超额认购约17.83倍。根据香港公开发售初步提呈发售的发售股份已获非常大幅超额认购。合共接获153,275份有效申请，认购合共19.48亿股，相当于根据香港公开发售初步可供认购的香港发售股份总数约113.97倍。\n基于发售价每股发售股份10.60港元计算，根据基石投资协议，基石投资者已认购合共7467.45万股发售股份，合共占紧随全球发售完成后公司已发行股本约10.86%；及全球发售项下发售股份数目约43.69%(假设超额配股权未获行使)。\n基于发售价每股发售股份10.60港元计算，根据最新估计，公司自全球发售收取的所得款项净额估计约为13.571亿港元(假设超额配股权未获行使)。其中，公司拟将所得款项净额约35.8%将用于建立新医院以及搬迁、升级及装修现有医院；约44.8%将在出现合适机遇时，用于在人口庞大且对眼科医疗服务需求相对较高的新市场中收购医院；约9.4%将用于升级公司的信息技术系统；及约10.0%将用于营运资金及其他一般企业用途。","news_type":1,"symbols_score_info":{"02219":0.9}},"isVote":1,"tweetType":1,"viewCount":3693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805814340,"gmtCreate":1627869703080,"gmtModify":1703496855201,"author":{"id":"3584243309772452","authorId":"3584243309772452","name":"旋舞","avatar":"https://static.tigerbbs.com/2ac3b3bfee0d8a9e48fb5d7fb51a3a0a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584243309772452","idStr":"3584243309772452"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/805814340","repostId":"1171357110","repostType":4,"repost":{"id":"1171357110","kind":"news","pubTimestamp":1627869360,"share":"https://ttm.financial/m/news/1171357110?lang=en_US&edition=fundamental","pubTime":"2021-08-02 09:56","market":"sh","language":"zh","title":"China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.","url":"https://stock-news.laohu8.com/highlight/detail?id=1171357110","media":"华尔街见闻","summary":"中国7月财新制造业PMI 50.3，前值51.3。\n8月2日公布的2021年7月财新中国制造业PMI（采购经理指数）下降1百分点至50.3，为2020年5月以来最低。\n这一走势与国家统计局制造业PMI","content":"<p>China's Caixin Manufacturing PMI for July was 50.3, down from 51.3 in the previous month.</p><p>The Caixin China Manufacturing PMI (Purchasing Managers' Index) for July 2021, released on August 2, fell by 1 percentage point to 50.3, the lowest level since May 2020.</p><p>This trend is consistent with the National Bureau of Statistics' manufacturing PMI. The National Bureau of Statistics released the manufacturing PMI for July at 50.4, down 0.5 percentage points from June, the lowest since March 2020.</p><p>Manufacturing supply continued to expand in July, but at a weak pace, while demand contracted for the first time in more than a year. The manufacturing production index and new orders index hit 16-month and 15-month lows in July, respectively. Some interviewed companies reported that customer demand was relatively weak; Other companies have reported that rising ex-factory prices have suppressed sales. Data by category shows that new orders for investment products grew strongly, but new orders for consumer goods and intermediate goods decreased.</p><p>External demand remained generally stable, with the new export orders index for manufacturing in July slightly above the expansion/contraction threshold. The epidemic situation in different overseas regions differed, and the impact on exports fluctuated.</p><p>The job market remained largely unchanged, with the manufacturing employment index slightly above the expansion/contraction threshold in July, marking the fourth consecutive month in the expansion range. Some companies are increasing their labor usage to expand production capacity, while others are being relatively cautious. With the stabilization of the job market, the number of backlogged jobs has increased slightly.</p><p>Both the manufacturing purchase price index and the producer price index declined, indicating that inflationary pressures eased slightly in July. However, the purchase price index has been more than 5 percentage points above the boom-bust threshold for eight consecutive months, and surveyed companies said that raw material prices remain high, especially industrial metal prices. In contrast, the ex-factory price index was only slightly above the boom-bust line, recording a new low since October 2020, indicating that market demand is more sensitive to product prices and limiting enterprises' pricing power.</p><p>Affected by localized flooding, the pandemic, and shortages of products such as chips, logistics delivery times continued to extend, and the supplier supply time index remained in the contraction range in July. As raw material prices remained high, manufacturing companies' purchases increased only slightly, and the raw material inventory index declined during the contraction period. Companies continued to utilize finished goods inventory to deliver orders, and the finished goods inventory index remained in contraction territory, but the range narrowed slightly.</p><p>China's manufacturing sector is generally optimistic about its growth prospects for the coming year, but optimism has fallen to a 15-month low. Businesses are worried about when the global pandemic will be brought under control and fear that supply chains will continue to be disrupted.</p><p>Wang Zhe, a senior economist at Caixin Think Tank, said that the expansion of the manufacturing sector slowed marginally in July, market supply continued to expand, demand began to come under pressure, and companies were cautious about increasing employees and raw material procurement. Inflationary pressures have eased somewhat, and manufacturing entrepreneurs remain optimistic about the future, but they are now below the long-term average. Data from the Caixin China Manufacturing PMI in July shows that the foundation for the national economic recovery is not solid, the downward pressure on the economy remains significant, and the confidence of entrepreneurs also needs to be protected.</p>","source":"highlight_wallstreetcn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-08-02 09:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>China's Caixin Manufacturing PMI for July was 50.3, down from 51.3 in the previous month.</p><p>The Caixin China Manufacturing PMI (Purchasing Managers' Index) for July 2021, released on August 2, fell by 1 percentage point to 50.3, the lowest level since May 2020.</p><p>This trend is consistent with the National Bureau of Statistics' manufacturing PMI. The National Bureau of Statistics released the manufacturing PMI for July at 50.4, down 0.5 percentage points from June, the lowest since March 2020.</p><p>Manufacturing supply continued to expand in July, but at a weak pace, while demand contracted for the first time in more than a year. The manufacturing production index and new orders index hit 16-month and 15-month lows in July, respectively. Some interviewed companies reported that customer demand was relatively weak; Other companies have reported that rising ex-factory prices have suppressed sales. Data by category shows that new orders for investment products grew strongly, but new orders for consumer goods and intermediate goods decreased.</p><p>External demand remained generally stable, with the new export orders index for manufacturing in July slightly above the expansion/contraction threshold. The epidemic situation in different overseas regions differed, and the impact on exports fluctuated.</p><p>The job market remained largely unchanged, with the manufacturing employment index slightly above the expansion/contraction threshold in July, marking the fourth consecutive month in the expansion range. Some companies are increasing their labor usage to expand production capacity, while others are being relatively cautious. With the stabilization of the job market, the number of backlogged jobs has increased slightly.</p><p>Both the manufacturing purchase price index and the producer price index declined, indicating that inflationary pressures eased slightly in July. However, the purchase price index has been more than 5 percentage points above the boom-bust threshold for eight consecutive months, and surveyed companies said that raw material prices remain high, especially industrial metal prices. In contrast, the ex-factory price index was only slightly above the boom-bust line, recording a new low since October 2020, indicating that market demand is more sensitive to product prices and limiting enterprises' pricing power.</p><p>Affected by localized flooding, the pandemic, and shortages of products such as chips, logistics delivery times continued to extend, and the supplier supply time index remained in the contraction range in July. As raw material prices remained high, manufacturing companies' purchases increased only slightly, and the raw material inventory index declined during the contraction period. Companies continued to utilize finished goods inventory to deliver orders, and the finished goods inventory index remained in contraction territory, but the range narrowed slightly.</p><p>China's manufacturing sector is generally optimistic about its growth prospects for the coming year, but optimism has fallen to a 15-month low. Businesses are worried about when the global pandemic will be brought under control and fear that supply chains will continue to be disrupted.</p><p>Wang Zhe, a senior economist at Caixin Think Tank, said that the expansion of the manufacturing sector slowed marginally in July, market supply continued to expand, demand began to come under pressure, and companies were cautious about increasing employees and raw material procurement. Inflationary pressures have eased somewhat, and manufacturing entrepreneurs remain optimistic about the future, but they are now below the long-term average. Data from the Caixin China Manufacturing PMI in July shows that the foundation for the national economic recovery is not solid, the downward pressure on the economy remains significant, and the confidence of entrepreneurs also needs to be protected.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3636875\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/135fb5b6f21d9ee05edcb64a0736f62f","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3636875","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1171357110","content_text":"中国7月财新制造业PMI 50.3，前值51.3。\n8月2日公布的2021年7月财新中国制造业PMI（采购经理指数）下降1百分点至50.3，为2020年5月以来最低。\n这一走势与国家统计局制造业PMI一致。统计局公布的7月制造业PMI录得50.4，较6月下降0.5个百分点，为2020年3月以来最低。\n7月制造业供给继续扩张，但扩长速度仅为微弱，需求则出现一年多来首次收缩。7月制造业生产指数和新订单指数分别录得16个月和15个月以来新低。部分受访企业反映，客户需求相对疲弱；另有企业反映，产品出厂价格上扬抑制了销售。分类别数据显示，投资品类新订单增长强劲，但消费品和中间品类新订单减少。\n外需总体维持稳定，7月制造业新出口订单指数略高于荣枯线，海外不同地区疫情形势分化，对出口影响此消彼长。\n就业市场变化不大，7月制造业就业指数略高于荣枯线，连续第四个月位于扩张区间。部分企业增加劳动力使用以扩大产能，另一部分企业则相对谨慎。伴随着就业市场的稳定，积压工作数量略有增加。\n制造业购进价格指数和出厂价格指数双双下降，显示通胀压力在7月略有缓解。不过，购进价格指数已连续八个月高于荣枯线5个百分点以上，受访企业表示原材料价格居高不下，尤其是工业金属价格高企。相比之下，出厂价格指数仅略高于荣枯线，录得2020年10月以来新低，表明市场需求对产品价格较为敏感，限制了企业定价能力。\n受局部区域洪涝、疫情以及芯片等产品短缺影响，物流交付时间继续延长，7月供应商供应时间指数继续位于收缩区间。由于原材料价格依然处于高位，制造业企业采购量仅略有增加，原材料库存指数在收缩区间下降。企业继续动用产成品库存交付订单，产成品库存指数继续处于收缩区间，但幅度略有收窄。\n中国制造业界对未来一年的增长前景普遍感到乐观，但乐观度下滑至15个月低点。企业忧虑全球疫情未知何时才能受控，担心供应链继续受阻扰。\n财新智库高级经济学家王喆表示，7月制造业扩张势头边际放缓，市场供给继续扩张，需求开始承压，企业在增加雇员和原材料采购方面态度谨慎。通胀压力部分得到缓解，制造业企业家对未来依旧保持乐观，但已低于长期均值。7月财新中国制造业PMI相关数据显示，目前国民经济恢复基础并不稳固，经济下行压力依然较大，企业家信心亦需呵护。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":4979,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140414095,"gmtCreate":1625668609817,"gmtModify":1703746118238,"author":{"id":"3584243309772452","authorId":"3584243309772452","name":"旋舞","avatar":"https://static.tigerbbs.com/2ac3b3bfee0d8a9e48fb5d7fb51a3a0a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584243309772452","idStr":"3584243309772452"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140414095","repostId":"1151513622","repostType":4,"repost":{"id":"1151513622","kind":"news","pubTimestamp":1625663183,"share":"https://ttm.financial/m/news/1151513622?lang=en_US&edition=fundamental","pubTime":"2021-07-07 21:06","market":"us","language":"zh","title":"The \"Misery Index\" foreshadows the trends of gold and US stocks: one upward, the other downward.","url":"https://stock-news.laohu8.com/highlight/detail?id=1151513622","media":"金十数据","summary":"苦难指数是通货膨胀率和失业率的总和，一直跟美国股票与黄金价格的比率高度相关。","content":"<p>Stuart Allsopp Follow, who previously served as Head of Financial Markets at Fitch Solutions and has 15 years of global market analysis experience, stated:</p><p>\"According to the distress index, inflation and unemployment are currently rising, but the S&P 500 remains at a multi-year high relative to gold. This is very similar to the precursors of previous U.S. economic recessions, so I expect the Great Depression to repeat itself.\" What is the suffering index?</p><p>The distress index, the sum of inflation and unemployment, has historically been highly correlated with the ratio of U.S. stocks to gold prices. The misery index is calculated by adding the inflation rate to the seasonally adjusted unemployment rate to arrive at a measure of the degree of stagflation in the economy.</p><p>Compared to the S&P 500 index,<b>High inflation and high unemployment are beneficial to gold prices.</b></p><p>The chart below shows the correlation between the distress index and the S&P 500/gold ratio, with data dating back to the 1950s.</p><p><img src=\"https://static.tigerbbs.com/1104d2bb96784e45c39ad4557045384a\" tg-width=\"745\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p><p>The current S&P 500/gold ratio is close to double what people expected. Stuart Allmushroom Follow Represents:</p><p>“We have also seen such a large difference between the two indices in data from 1971, 1975 and 2000, far exceeding the ‘reasonable’ level of the suffering index.” The chart below shows how overvalued the S&P 500/gold ratio is relative to the distress index, and the subsequent 10-year annual return ratio.</p><p><img src=\"https://static.tigerbbs.com/9258bfad74b1199cac2e171b3dccfa9d\" tg-width=\"623\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Stuart Allsopp Follow stated that the relationship between stocks and the golden ratio is a frequently used tool for investment decisions, and he discovered a conclusion through his research on trends:</p><p>\"There is a lot of evidence that U.S. stocks will be long-term losers relative to the future trend of precious metals, especially with the distress index likely to continue to rise. The only good news is that I expect gold to perform exceptionally well.\" In addition, analysts expect the United States to continue to implement loose policies. One of the previous assumptions of the policy was that there was an inverse relationship between inflation and unemployment. That is, if the unemployment rate is high, it reflects economic weakness, and loose monetary policy can reduce this weakness, but at the cost of enduring a continuously rising inflation rate.</p><p>Analysts believe that, based on the U.S. government's current performance, it is highly likely that increasingly aggressive monetary and fiscal policies will continue until more bad news arrives (such as further deterioration in inflation).<b>But this could be a time bomb that could explode at any moment.</b></p><p>It is worth mentioning that Wells Fargo Securities recently issued a warning that the day of liquidation for technology stocks is expected to arrive soon, with US stocks expected to plummet by 12%, urging investors to take profits.</p>","source":"jssj","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The \"Misery Index\" foreshadows the trends of gold and US stocks: one upward, the other downward.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe \"Misery Index\" foreshadows the trends of gold and US stocks: one upward, the other downward.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金十数据</strong><span class=\"h-time small\">2021-07-07 21:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stuart Allsopp Follow, who previously served as Head of Financial Markets at Fitch Solutions and has 15 years of global market analysis experience, stated:</p><p>\"According to the distress index, inflation and unemployment are currently rising, but the S&P 500 remains at a multi-year high relative to gold. This is very similar to the precursors of previous U.S. economic recessions, so I expect the Great Depression to repeat itself.\" What is the suffering index?</p><p>The distress index, the sum of inflation and unemployment, has historically been highly correlated with the ratio of U.S. stocks to gold prices. The misery index is calculated by adding the inflation rate to the seasonally adjusted unemployment rate to arrive at a measure of the degree of stagflation in the economy.</p><p>Compared to the S&P 500 index,<b>High inflation and high unemployment are beneficial to gold prices.</b></p><p>The chart below shows the correlation between the distress index and the S&P 500/gold ratio, with data dating back to the 1950s.</p><p><img src=\"https://static.tigerbbs.com/1104d2bb96784e45c39ad4557045384a\" tg-width=\"745\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p><p>The current S&P 500/gold ratio is close to double what people expected. Stuart Allmushroom Follow Represents:</p><p>“We have also seen such a large difference between the two indices in data from 1971, 1975 and 2000, far exceeding the ‘reasonable’ level of the suffering index.” The chart below shows how overvalued the S&P 500/gold ratio is relative to the distress index, and the subsequent 10-year annual return ratio.</p><p><img src=\"https://static.tigerbbs.com/9258bfad74b1199cac2e171b3dccfa9d\" tg-width=\"623\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Stuart Allsopp Follow stated that the relationship between stocks and the golden ratio is a frequently used tool for investment decisions, and he discovered a conclusion through his research on trends:</p><p>\"There is a lot of evidence that U.S. stocks will be long-term losers relative to the future trend of precious metals, especially with the distress index likely to continue to rise. The only good news is that I expect gold to perform exceptionally well.\" In addition, analysts expect the United States to continue to implement loose policies. One of the previous assumptions of the policy was that there was an inverse relationship between inflation and unemployment. That is, if the unemployment rate is high, it reflects economic weakness, and loose monetary policy can reduce this weakness, but at the cost of enduring a continuously rising inflation rate.</p><p>Analysts believe that, based on the U.S. government's current performance, it is highly likely that increasingly aggressive monetary and fiscal policies will continue until more bad news arrives (such as further deterioration in inflation).<b>But this could be a time bomb that could explode at any moment.</b></p><p>It is worth mentioning that Wells Fargo Securities recently issued a warning that the day of liquidation for technology stocks is expected to arrive soon, with US stocks expected to plummet by 12%, urging investors to take profits.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://xnews.jin10.com/details/77333\">金十数据</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bf9ac23bac84c629134c18540a11264a","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://xnews.jin10.com/details/77333","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151513622","content_text":"曾担任Fitch Solutions金融市场主管，拥有15年的全球市场分析经验的Stuart Allsopp Follow表示：\n\n “根据苦难指数来看，目前通胀水平以及失业率都在上升，但标准普尔500指数相对于黄金仍处于多年高位。这与美国前几次经济衰退的前兆非常相似，因此我预计经济大萧条历史会重演。”\n\n什么是苦难指数？\n苦难指数是通货膨胀率和失业率的总和，历史上一直跟美国股票与黄金价格的比率高度相关。苦难指数的计算方法是将通胀率与季节性调整的失业率相加，得出一个衡量经济滞胀程度的指标。\n相对于标准普尔500指数而言，高通胀和高失业率有利于黄金价格。\n下图显示了苦难指数与标准普尔500指数/黄金比率之间的相关性，数据可追溯到1950年代。\n\n目前的标准普尔500指数/黄金比率，已经接近人们所预期的两倍。Stuart Allsopp Follow表示：\n\n “我们在1971、1975和2000年的数据里，也曾看到两个指数之间存在如此大的差异，远高于苦难指数‘合理’的水平。”\n\n下图显示了标准普尔500指数/黄金比率相对于苦难指数的高估程度，与随后的10年年度回报比率。\n\nStuart Allsopp Follow表示，股票与黄金比率之间的关系是经常用来作投资决策的工具，他通过研究趋势发现一个结论：\n\n “有很多证据表明美国股票相对于贵金属的未来走势来说，将是长期亏损的，特别是在苦难指数可能会继续上升的情况下。唯一的好消息是，我预计黄金的表现将十分出色。”\n\n另外，分析师预计美国将继续推行宽松的政策。此前该政策的一个假设是，通货膨胀与失业率之间存在反比关系。即如果失业率很高，反映了经济的疲软，而宽松的货币政策可以降低这种疲软，但代价是得忍受持续上升的通胀率。\n分析师认为，根据美国政府目前的表现，可以预计在更多的坏消息到来前（例如通胀进一步恶化），越来越激进的货币和财政政策似乎极有可能继续下去。但这可能是一颗随时被引爆的定时炸弹。\n值得一提的是，近日富国证券也发出警告，称科技股清算的日子预计很快将到来，预计美股将大跌12%，敦促投资者获利了结。","news_type":1,"symbols_score_info":{".DJI":0.9,"GCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":4329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805815627,"gmtCreate":1627869690769,"gmtModify":1703496854035,"author":{"id":"3584243309772452","authorId":"3584243309772452","name":"旋舞","avatar":"https://static.tigerbbs.com/2ac3b3bfee0d8a9e48fb5d7fb51a3a0a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584243309772452","idStr":"3584243309772452"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805815627","repostId":"1171357110","repostType":4,"repost":{"id":"1171357110","kind":"news","pubTimestamp":1627869360,"share":"https://ttm.financial/m/news/1171357110?lang=en_US&edition=fundamental","pubTime":"2021-08-02 09:56","market":"sh","language":"zh","title":"China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.","url":"https://stock-news.laohu8.com/highlight/detail?id=1171357110","media":"华尔街见闻","summary":"中国7月财新制造业PMI 50.3，前值51.3。\n8月2日公布的2021年7月财新中国制造业PMI（采购经理指数）下降1百分点至50.3，为2020年5月以来最低。\n这一走势与国家统计局制造业PMI","content":"<p>China's Caixin Manufacturing PMI for July was 50.3, down from 51.3 in the previous month.</p><p>The Caixin China Manufacturing PMI (Purchasing Managers' Index) for July 2021, released on August 2, fell by 1 percentage point to 50.3, the lowest level since May 2020.</p><p>This trend is consistent with the National Bureau of Statistics' manufacturing PMI. The National Bureau of Statistics released the manufacturing PMI for July at 50.4, down 0.5 percentage points from June, the lowest since March 2020.</p><p>Manufacturing supply continued to expand in July, but at a weak pace, while demand contracted for the first time in more than a year. The manufacturing production index and new orders index hit 16-month and 15-month lows in July, respectively. Some interviewed companies reported that customer demand was relatively weak; Other companies have reported that rising ex-factory prices have suppressed sales. Data by category shows that new orders for investment products grew strongly, but new orders for consumer goods and intermediate goods decreased.</p><p>External demand remained generally stable, with the new export orders index for manufacturing in July slightly above the expansion/contraction threshold. The epidemic situation in different overseas regions differed, and the impact on exports fluctuated.</p><p>The job market remained largely unchanged, with the manufacturing employment index slightly above the expansion/contraction threshold in July, marking the fourth consecutive month in the expansion range. Some companies are increasing their labor usage to expand production capacity, while others are being relatively cautious. With the stabilization of the job market, the number of backlogged jobs has increased slightly.</p><p>Both the manufacturing purchase price index and the producer price index declined, indicating that inflationary pressures eased slightly in July. However, the purchase price index has been more than 5 percentage points above the boom-bust threshold for eight consecutive months, and surveyed companies said that raw material prices remain high, especially industrial metal prices. In contrast, the ex-factory price index was only slightly above the boom-bust line, recording a new low since October 2020, indicating that market demand is more sensitive to product prices and limiting enterprises' pricing power.</p><p>Affected by localized flooding, the pandemic, and shortages of products such as chips, logistics delivery times continued to extend, and the supplier supply time index remained in the contraction range in July. As raw material prices remained high, manufacturing companies' purchases increased only slightly, and the raw material inventory index declined during the contraction period. Companies continued to utilize finished goods inventory to deliver orders, and the finished goods inventory index remained in contraction territory, but the range narrowed slightly.</p><p>China's manufacturing sector is generally optimistic about its growth prospects for the coming year, but optimism has fallen to a 15-month low. Businesses are worried about when the global pandemic will be brought under control and fear that supply chains will continue to be disrupted.</p><p>Wang Zhe, a senior economist at Caixin Think Tank, said that the expansion of the manufacturing sector slowed marginally in July, market supply continued to expand, demand began to come under pressure, and companies were cautious about increasing employees and raw material procurement. Inflationary pressures have eased somewhat, and manufacturing entrepreneurs remain optimistic about the future, but they are now below the long-term average. Data from the Caixin China Manufacturing PMI in July shows that the foundation for the national economic recovery is not solid, the downward pressure on the economy remains significant, and the confidence of entrepreneurs also needs to be protected.</p>","source":"highlight_wallstreetcn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Caixin Manufacturing PMI for July was 50.3, compared to 51.3 in the previous month.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-08-02 09:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>China's Caixin Manufacturing PMI for July was 50.3, down from 51.3 in the previous month.</p><p>The Caixin China Manufacturing PMI (Purchasing Managers' Index) for July 2021, released on August 2, fell by 1 percentage point to 50.3, the lowest level since May 2020.</p><p>This trend is consistent with the National Bureau of Statistics' manufacturing PMI. The National Bureau of Statistics released the manufacturing PMI for July at 50.4, down 0.5 percentage points from June, the lowest since March 2020.</p><p>Manufacturing supply continued to expand in July, but at a weak pace, while demand contracted for the first time in more than a year. The manufacturing production index and new orders index hit 16-month and 15-month lows in July, respectively. Some interviewed companies reported that customer demand was relatively weak; Other companies have reported that rising ex-factory prices have suppressed sales. Data by category shows that new orders for investment products grew strongly, but new orders for consumer goods and intermediate goods decreased.</p><p>External demand remained generally stable, with the new export orders index for manufacturing in July slightly above the expansion/contraction threshold. The epidemic situation in different overseas regions differed, and the impact on exports fluctuated.</p><p>The job market remained largely unchanged, with the manufacturing employment index slightly above the expansion/contraction threshold in July, marking the fourth consecutive month in the expansion range. Some companies are increasing their labor usage to expand production capacity, while others are being relatively cautious. With the stabilization of the job market, the number of backlogged jobs has increased slightly.</p><p>Both the manufacturing purchase price index and the producer price index declined, indicating that inflationary pressures eased slightly in July. However, the purchase price index has been more than 5 percentage points above the boom-bust threshold for eight consecutive months, and surveyed companies said that raw material prices remain high, especially industrial metal prices. In contrast, the ex-factory price index was only slightly above the boom-bust line, recording a new low since October 2020, indicating that market demand is more sensitive to product prices and limiting enterprises' pricing power.</p><p>Affected by localized flooding, the pandemic, and shortages of products such as chips, logistics delivery times continued to extend, and the supplier supply time index remained in the contraction range in July. As raw material prices remained high, manufacturing companies' purchases increased only slightly, and the raw material inventory index declined during the contraction period. Companies continued to utilize finished goods inventory to deliver orders, and the finished goods inventory index remained in contraction territory, but the range narrowed slightly.</p><p>China's manufacturing sector is generally optimistic about its growth prospects for the coming year, but optimism has fallen to a 15-month low. Businesses are worried about when the global pandemic will be brought under control and fear that supply chains will continue to be disrupted.</p><p>Wang Zhe, a senior economist at Caixin Think Tank, said that the expansion of the manufacturing sector slowed marginally in July, market supply continued to expand, demand began to come under pressure, and companies were cautious about increasing employees and raw material procurement. Inflationary pressures have eased somewhat, and manufacturing entrepreneurs remain optimistic about the future, but they are now below the long-term average. Data from the Caixin China Manufacturing PMI in July shows that the foundation for the national economic recovery is not solid, the downward pressure on the economy remains significant, and the confidence of entrepreneurs also needs to be protected.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3636875\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/135fb5b6f21d9ee05edcb64a0736f62f","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3636875","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1171357110","content_text":"中国7月财新制造业PMI 50.3，前值51.3。\n8月2日公布的2021年7月财新中国制造业PMI（采购经理指数）下降1百分点至50.3，为2020年5月以来最低。\n这一走势与国家统计局制造业PMI一致。统计局公布的7月制造业PMI录得50.4，较6月下降0.5个百分点，为2020年3月以来最低。\n7月制造业供给继续扩张，但扩长速度仅为微弱，需求则出现一年多来首次收缩。7月制造业生产指数和新订单指数分别录得16个月和15个月以来新低。部分受访企业反映，客户需求相对疲弱；另有企业反映，产品出厂价格上扬抑制了销售。分类别数据显示，投资品类新订单增长强劲，但消费品和中间品类新订单减少。\n外需总体维持稳定，7月制造业新出口订单指数略高于荣枯线，海外不同地区疫情形势分化，对出口影响此消彼长。\n就业市场变化不大，7月制造业就业指数略高于荣枯线，连续第四个月位于扩张区间。部分企业增加劳动力使用以扩大产能，另一部分企业则相对谨慎。伴随着就业市场的稳定，积压工作数量略有增加。\n制造业购进价格指数和出厂价格指数双双下降，显示通胀压力在7月略有缓解。不过，购进价格指数已连续八个月高于荣枯线5个百分点以上，受访企业表示原材料价格居高不下，尤其是工业金属价格高企。相比之下，出厂价格指数仅略高于荣枯线，录得2020年10月以来新低，表明市场需求对产品价格较为敏感，限制了企业定价能力。\n受局部区域洪涝、疫情以及芯片等产品短缺影响，物流交付时间继续延长，7月供应商供应时间指数继续位于收缩区间。由于原材料价格依然处于高位，制造业企业采购量仅略有增加，原材料库存指数在收缩区间下降。企业继续动用产成品库存交付订单，产成品库存指数继续处于收缩区间，但幅度略有收窄。\n中国制造业界对未来一年的增长前景普遍感到乐观，但乐观度下滑至15个月低点。企业忧虑全球疫情未知何时才能受控，担心供应链继续受阻扰。\n财新智库高级经济学家王喆表示，7月制造业扩张势头边际放缓，市场供给继续扩张，需求开始承压，企业在增加雇员和原材料采购方面态度谨慎。通胀压力部分得到缓解，制造业企业家对未来依旧保持乐观，但已低于长期均值。7月财新中国制造业PMI相关数据显示，目前国民经济恢复基础并不稳固，经济下行压力依然较大，企业家信心亦需呵护。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3938,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}