17 years and 94 days scored twice, Fati has broken multiple young records

17 years and 94 days scored twice, Fati has broken multiple “young” records
Fati has broken multiple records.Photo / Osports Barcelona defeated Levante 2-1 in the La Liga this morning. Messi assisted Barcelona teenager Ansu Fatti twice in 102 seconds to help the team score 3 points.This is why Fati, 17, 94 days old, became the youngest player in La Liga history to finish twice.”All this is like a dream. I have always dreamed of such a moment, and today my dream has come true.”I want to thank all the teammates, and the coach gave me another chance.”Fati said after the game,” Since I stepped into the locker room on the first day, my teammates have been helping me and making me feel relaxed.I want to thank every teammate because it is not easy to get a young man to integrate so well.”According to official La Liga data, after this campaign, Fati has achieved four career records: the youngest player in La Liga history to score twice; the youngest single-pass player in La Liga history; the youngest in BarcelonaThe league’s scoring player; Bassano Camp’s youngest scoring player.However, it was not until the reporter was asked about his thoughts after the game that Fati knew that he had broken the record.He humbly stated that what he needs to do now is to continue to improve and seize every opportunity.After the second score, Messi, who offered two assists, embraced Fati tenderly.”I think Messi has been playing football for many years, and playing alongside him is a dream.I want to continue fighting.”Fati said.

Tokyo Olympic Organizing Committee: cancel the torch handover ceremony for students to perform twice

Tokyo Olympic Organizing Committee: cancel the torch handover ceremony for students to perform twice
Tokyo Olympic Organizing Committee Chairman Yoshiro Mori disclosed last night that due to the impact of the new coronary pneumonia epidemic, the Japanese student performance venue at the torch relay ceremony in Athens will be cancelled next week.According to plan, the torch of the Tokyo Olympics will be collected on March 12 at the Ancient Olympia Arena in Greece.On March 19, the Greek Olympic Committee and the Japanese Olympic Committee will hand over the antique torch. The Japanese will then bring the torch back to China.At this handover ceremony of the torch, the Japanese Olympic Committee arranged a corresponding program, which included about 140 elementary and junior high school students from Japan to perform street dance and other cultural performances.However, due to the impact of the New Coronary Pneumonia epidemic, elementary schools, junior high schools and high schools in Japan have all been closed.For the health and safety of the children, the Japanese Olympic Committee must make a switch to cancel the student performance at the handover ceremony.Tokyo Olympic Organizing Committee Chairman Mori said that the children will not go to Greece together, “It is a pity that the children have not had the opportunity to show their achievements until today.I hope the organizing committee can use other methods to let them show their talents, and we will continue to discuss this matter in the future.”On March 20th, the welcome ceremony for the torch of the Tokyo Olympic Games will be held at the Matsushima Air Self-Defense Force Matsushima base. It has been confirmed that children and ordinary spectators will be cancelled at the welcome ceremony.From March 26th, the torch will be passed throughout Japan for a period of 121 days.In view of the current development of the epidemic situation, the Tokyo Olympic Organizing Committee has successively released the prevention and control measures during the torch relay. The torch will be restricted to enter the event venue in the area where the torch is diagnosed.If the torchbearer is unwell, the torchbearer will cancel the cancellation. One person who alternately places the torchbearer in front and back will be responsible for running this distance.Sauna, Ye Wang Sun Haiguang Editor Wang Chunqiu Proofreading Liu Jun

[How much is the right amount of dried wolfberry?]_ How to eat_How to eat

[How much is the right amount of dried wolfberry?]_ How to eat_How to eat

Today, people pay special attention to health and wellness.

Some people in life often use diet therapy to improve their bodies, and wolfberry is a good choice.

We all know that wolfberry is a good health food, especially for the liver and kidneys. If eaten in the morning, the effect will be better.

Some people like to soak water in eating wolfberry, but there are also pictures that are convenient for dry eating.

So, how much is the right amount of dried wolfberry?

How many capsules to eat at a time?

After reading, you will understand!

Some people in life may choose to eat wolfberry dry. This way of eating may make the nutrients in wolfberry better absorbed by the human body, but it is important to pay attention to the amount when eating.

Take an adult as an example, you can eat about 20 grams of wolfberry a day, usually about 50 to 80 capsules.

If you want to consume wolfberry to achieve medicinal effects, you can consume about 30 grams per day.

Do not eat too much when you usually eat. If you eat too much, you may have symptoms such as redness and swelling of the eyes, fire, nosebleeds, etc., but it is not good for your health.

What are the effects of wolfberry?

1. Lycium barbarum, which enhances immunity, neutralizes a small amount of lycium barbarum polysaccharide, which is a tiny double-chain, has physiological activity, can enhance non-specific immune function, improve our body’s resistance to disease, and inhibit tumor growth and cellMutation effect.
2. Anti-aging The aging of our body is closely related to the cells, and the purchased dual can significantly improve the phagocytic ability of phagocytic cells and enhance the lymphocyte proliferation ability, so it can effectively resist aging.

3. Antitumor medlar polysaccharide is single.

Lycium barbarum polysaccharide itself is a biological response regulator that regulates the immune response, and can also exert a certain anti-cancer effect through a line of neuro-endocrine-immunity regulation.

4. Improving vision The retinal photoreceptors of our eyes are composed of retinol and protein. Lycium barbarum is rich in B-carotene and can be converted into vitamin A in the human body. Vitamin A can also produce retinol, which improvesHuman vision prevents macular disease.

[How to make lotus root powder delicious?】 _How to rush_How to rush

In the world, you can see the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, the world, and the world.蹭篃鏄櫧鐏拌壊锛屽畬鍏ㄦ病鏈夐€忔槑鎰熴€傜殑纭紝钘曠矇杩欑椋熺墿涓嶆敞鎰忓啿娉℃柟娉曞氨闅句互鎴愬姛锛屼笉杩囧浼氫竴浜涘皬鎶€宸ч偅灏卞彉寰楅潪甯稿鏄撲簡銆傛帴涓嬫潵灏忕紪灏卞皢钘曠矇姝g‘鐨勫啿娉℃柟娉曞垎浜粰澶у銆?鑾茶棔鍛崇敇銆佹€у钩銆佺敓鐔熷潎鍙鐢紝涓绘不鐑复锛屾暎娣よ锛岀敓鑲? 鐔熻棔鎬ф俯鍛崇敇锛屾湁鐩婅儍鍋ヨ劸銆佸吇琛€琛ョ泭銆佹娉诲姛鑳?涓绘不鑲虹儹鍜冲椊銆佺儲韬佸彛娓淬€佽劸铏氭硠娉汇€侀娆蹭笉鎸強鍚勭琛€鐥囥€?銆佹竻鐑噳琛€锛氳幉钘曠敓鐢ㄦ€у瘨锛屾湁娓呯儹鍑夎浣滅敤锛屽彲鐢ㄦ潵娌荤枟鐑€х梾鐥?鑾茶棔鍛崇敇澶氭恫銆佸鐑梾鍙f复銆佽琛€銆佸挴琛€銆佷笅琛€鑰呭挨涓烘湁鐩?2銆侀€氫究姝㈡郴銆佸仴鑴惧紑鑳冿細鑾茶棔涓惈鏈夐粡娑茶泲鐧藉拰鑶抽绾ょ淮锛岃兘涓庝汉浣撳唴鑳嗛吀鐩愶紝椋熺墿涓殑鑳嗗浐閱囧強鐢樻补涓夐叝缁撳悎锛屼娇鍏朵粠绮究涓帓鍑猴紝浠庤€屽噺灏戣剛绫荤殑鍚告敹銆傝幉钘曟暎鍙戝嚭涓€绉嶇嫭鐗规竻棣欙紝杩樺惈鏈夐灒璐紝鏈変竴瀹氬仴鑴炬娉讳綔鐢紝鑳藉杩涢娆诧紝淇冭繘娑堝寲锛屽紑鑳冨仴涓紝鏈夌泭浜庤儍绾充笉浣筹紝椋熸涓嶆尟鑰呮仮澶嶅仴搴? 3銆佺泭琛€鐢熻倢锛氳幉钘曠殑钀ュ吇浠峰€煎緢楂橈紝瀵屽惈閾併€侀挋绛夊井閲忓厓绱狅紝妞嶇墿铔嬬櫧璐ㄣ€佺淮鐢熺礌浠ュ強娣€绮夊惈閲忎篃寰堜赴瀵岋紝鏈夋槑鏄剧殑琛ョ泭姘旇锛屽寮轰汉浣撳厤鐤姏浣滅敤銆傛晠涓尰绉板叾锛氣€滀富琛ヤ腑鍏荤锛岀泭姘斿姏鈥?4銆佹琛€鏁g榾锛氳棔鍚湁澶ч噺鐨勫崟瀹侀吀锛屾湁鏀剁缉琛€绠′綔鐢紝鍙敤鏉ユ琛€銆傝棔杩樿兘鍑夎锛屾暎琛€锛屼腑鍖昏涓哄叾姝㈣鑰屼笉鐣欑榾锛屾槸鐑梾琛€鐥囩殑椋熺枟浣冲搧銆? Kuang Kuangmeng picks up and down, picks up 1 銆?鍏堢敤灏戦噺鐨勬俯寮€姘村皢閫傞噺鐨勮棔绮夊寲寮€銆?銆?鎺ョ潃鍐嶅姞鍏ラ€傞噺鐨勫紑姘?娉ㄦ剰锛氫竴瀹氳鏄叜娌哥殑寮€姘?銆?銆?What’s the difference? What’s the difference? What are you talking about?銆?杩欐椂鍊欙紝钘曠矇鐨勯鑹蹭細闅忕潃寮€姘寸殑澧炲姞鑰屽彂鐢熷彉鍖栵紝鏈€鍚庡彉鎴愯兌鐘堕€忔槑鐨勭姸鍐点€?浠ヤ笂灏辨槸钘曠矇鎬庝箞鍐茬殑鎶€宸у拰鏂规硶锛屽€煎緱娉ㄦ剰鐨勬槸锛?銆?What’s the matter? The link is pressed by the link, and the link is removed?銆?绗竴娆″€掔殑鏄噳寮€姘达紝绗簩娆℃墠鏄哺姘淬€?

[How to make Japanese-style lemon-scented radishes]_ Home-style practice of Japanese-style lemon-scented radishes _ How to make Japanese-style lemon-sweet radishes _ How to make Japanese-style lemon-sweet radishes

[How to make Japanese-style lemon-scented radishes]_ Home-style practice of Japanese-style lemon-scented radishes _ How to make Japanese-style lemon-sweet radishes _ How to make Japanese-style lemon-sweet radishes

For animals, eating is a verb.

For us humans, this can be done in two ways.

There are many aspects to eating, both delicious and good for the body.

And if you can do it yourself, both will be satisfied.

Now, let me introduce to you the practice of Japanese-style lemon-cured radish.


The sugar / vinegar / salt ratio in the 2 jars is 10: 3: 2 in a small spoon.

Spoon, and then take fresh lemon and orange peel and shave a thin layer of skin (should use grapefruit, lemon or orange instead, remember not to shave the white part, only the skin).

Sealed and refrigerated, two days later, the restaurant can be used all over the world, not only wasting money and time, but also “wasting” health.

So after mastering the practice of Japanese-style lemon-cured radish, if you can make it alone, you can live a healthier life.

Xianfeng Pharmaceutical (002332): Development turning point re-optimistic about long-term space

Xianfeng Pharmaceutical (002332): Development turning point re-optimistic about long-term space

Third-quarter results exceeded expectations.

The company disclosed three quarterly reports and achieved revenue of 27 in the first three quarters.

69 ppm, a 杭州桑拿网 ten-year increase4.

49%; net profit attributable to shareholders of the listed company is 2.

910,000 yuan, an increase of 37 in ten years.

40%, deducting non-net profit is 2.

830,000 yuan, an increase of 39 in ten years.

96%, exceeding our expectations and the market; quarterly, Q3 achieved revenue of 9 in a single quarter.

09 million yuan, an increase of ten years.

02%, net profit is 1.

170,000 yuan, an increase of 32 in ten years.

54%, deducting non-net profit is 1.

20 ppm, an increase of 38 in ten years.

30%, the third quarter results continued to maintain rapid growth.

We expect that the company ‘s profit growth rate is higher than the income growth rate mainly due to two reasons: 1. The company ‘s 18-year distribution business of US $ 200-500 million has been affected by the two-vote system.It has improved, but the profit level has a small impact; 2. In the first half of the year, the company’s drug substance factory was relocated, and the company made certain structural adjustments to the drug substance orders.This also makes the company’s profit growth rate higher than the income growth rate to a certain extent. At present, the company’s new plant has been relocated and passed the FDA on-site inspection in October.In the rapid development stage, the preparation business continues to grow rapidly and is expected to continue in 2020.

In terms of business, we expect that the preparation-side business will continue to grow rapidly. It is expected that the growth rate of respiratory and dermatological line products will maintain a growth rate of more than 50%. The growth rate of anesthesia line products will be about 20-25%.About 10%, the overall growth rate of the drug end is about 5-10%.

In terms of expenses, the selling expenses cost 30.

24%, a decrease of 1 per year.

25 units, management costs 9.

41%, an annual increase of 0.

19 units, basically stable.

Inflection point reconstruction, optimistic about the company’s development prospects in the next few years.

We believe that the company has ushered in a new development point. The restructuring company’s high-profit preparation products have already reached a certain volume and are in a period of rapid development. Anesthesia, breathing, and skin products will continue to work hard to maintain in the next few yearsHigh-speed growth; gradually, from the perspective of policy trends, the industrial position of APIs in the pharmaceutical industry will become higher and higher. At present, the company’s industry leader in the field of steroidal raw materials is no doubt, even at the international leading level, and its competitive advantage is obvious.The 杭州夜网 inflection point is improving. The next few years will be a new stage of the company’s rapid development, and we are optimistic about the company’s long-term development.

Financial Forecast and Investment Suggestions We maintain the company’s EPS forecast for 19-21 to be zero.



76 yuan, based on a comparable company, gives the company a 21-year estimate for 20 years, and the corresponding target price is 12.

18 yuan, maintain BUY rating.

Risks remind that preparations sales fall short of expectations; API business falls short of expectations

Shanghai stock index opened a record 23-year record gold pit cashing?

(Latest View)

Shanghai stock index opened a record 23-year record gold pit cashing?

(Latest View)

How 杭州评茶阁 to buy A-shares after the market opens?

Come to Sina University of Finance and listen to the annual column “Business Day Financial Morning Post”, free trial before February 9!

  Today’s A-share opening fell much more than expected!

However, in the case of a serious dips in funds, the major stock indexes rebounded rapidly.

Northbound funds swept nearly 4 billion yuan in 25 minutes.

  Today, the first trading day after the Spring Festival of A shares, affected by the new crown pneumonia epidemic, Shanghai and Shenzhen did not unexpectedly open lower.

The Shanghai Composite Index opened lower by 8.

73%, ChiNext refers to a lower opening of 8.

23%, all industry sectors fell, one stock fell on a large scale, more than 3,000 stocks opened at the limit, pharmaceuticals and medical stocks were severely polarized, while 南宁桑拿 anti-flu, masks and other protective medical equipment stocks had a large daily limit, while other general pharmaceutical stocksThe daily limit, tourism, science and technology board, chip, military industry, etc. fell the most.

Judging from the historical decline, the Shanghai Index today is 8.

A 73% drop is a record since 1997.

  The market fell sharply, the demand for hedging increased sharply, and the main contract for issuing 10-year Treasury futures rose by 1 at the time of publication.

71%, the main contract of 5-year Treasury futures rose 0.


  A-share pharmaceutical sector United Ring Pharmaceutical (5th board), Lukang Medicine (4th board), Sihuan Biological (Protection of Rights) (4th board), Jiangsu Wuzhong (3th board) today’s collective bid limit; medical devicesPlates Ogilvy Medical (3 consecutive boards), Nanwei shares, Teda shares (4 days 3 boards) call auction daily limit.

  Northbound funds clearly bottomed out A shares today, with a net inflow of 3 billion in the first 6 minutes of opening; 25 minutes after the opening, the net purchase of northbound funds reached 4 billion.

  PetroChina opened down 8.

87%, another record low; Sinopec opened 8 lower.


  Peripheral markets have risen in succession. In other Asian stock markets, major indexes have opened lower and higher.

The Nikkei 225 index opened lower by nearly 2% in early trading before rebounding, and the press was terminated. The Nikkei index fell less than 1.


As for the South Korean stock market, the South Korean KOSPI index fell 0.


The Hang Seng Index opened 0 lower.

47%, blue chip stocks fell, consumption, oil and gas, real estate stocks led the decline, Tencent against the market rose more than 1%, pharmaceutical stocks increased.

In the final release, the HSI rose by 0.


  Hong Kong stocks drug stocks and flu stocks moved higher.

In the final release, Fusen Pharmaceutical increased by more than 65%. The announcement announced that it would adjust the production capacity of Shuanghuanglian Oral Liquid to enter market demand.

China Pioneer Pharmaceuticals rose 8.

02%, Tai Ling Medicine rose 7.

02%, Shenwei Pharmaceutical rose 6.

21%, Shanghai Pharmaceuticals rose 5.

92%, Baiyun Mountain rose 3.

77%.Last week it was up 1607.

96% of China’s medical group once exceeded 50%.

  After the FTSE A50 index opened lower, it clearly rose, terminated publication, and rose 0.


  In the commodity market, domestic crude oil futures fell sharply by nearly 8% at the beginning of the opening; gold and silver became safe havens, and gold futures rose by nearly 3%; and thermal coal futures became one of the few growing commodities due to factors such as transportation.

  Latest brokerage strategy: “Golden Pit” becomes mainstream Anxin strategy: Grasp “Golden Pit” and seize strategic opportunities From the perspective of various historical experiences, epidemic situation may only be the core contradiction of the market in the most rapid development period.See if the market is still moving in the direction determined by the endogenous trend.

Because the overall situation of coronary disease in the short term will affect the economy to a certain extent, it will also cause a temporary downward movement of the overall market index platform. The market may quickly make up after the holiday to complete the expected adjustment, but the market ‘s medium-to-long-term trendAnd the structure of the main line logic has not been destroyed by the coronary epidemic.

The epidemic situation will always pass. The essence of the market’s fall next week actually brings a “golden pit” of strategic layout, especially the rare opportunities brought by the adjustment of high-quality technology stocks.

  The perspective extends to the whole world. If ROE and ROIC of A-share listed companies can stabilize and even rebound, then the A-share market in the financial opening era will still be the most valuable investment in the context of low interest rates and low growth in the world.One of the assets, A shares as a whole is still expected to move towards a long-term slow bull golden age.

Therefore, although it is expected that the new crown epidemic situation will bring some pressure to the short-term market, in the medium term, it will instead be a good allocation period for high-quality companies in various industries.

  In the short-term, it is expected that after the market quickly compensates for the decline, structural markets will be developed around industries whose fundamentals are less affected by the epidemic. In the near future, the industry will focus on: media (games, Internet, etc.), new energy vehicles (Tesla industry chain, etc.),Medicine, public utilities, gold, etc. The theme suggest to pay attention to the house economy, science and technology board, etc.

  Southwest Securities: The recent epidemic of core assets plunging, buying small and buying small will have two major impacts on the market: First, in the short term, the impact is distorted and the market is expected to show clear signs.

Secondly, in the medium and long term, the epidemic will not change the basic trajectory of market operation. If the amplitude is too large in the short term, it will be an excellent period to increase quality assets.

  In terms of short-term shocks, it is mainly achieved by lowering investors’ expectations for the economy.

Overall, the epidemic will depress economic growth in the first quarter by 1-2 examples.

From the perspective of specific industries, the epidemic situation will constitute a direct negative on the consumption-related industries, such as transportation, tourism, catering, hotels, agriculture, animal husbandry, and liquor industries. The profit forecast for the first quarter will be significantly reduced.

Of course, there are also industries that will benefit from the epidemic, such as online games, biomedicine, etc.

  In the medium and long term, the epidemic will not change the trend of China’s economic development, nor will it change the long-term growth trend of imported substitutes in related industries.

Core assets in the fields of medicine, communications, electronics, computers, etc., if there is a significant replacement in the post-holiday shock, it is an excellent time to lay out related assets.

  In general, there are shocks in the short term and not pessimism in the long term.

As far as core assets are concerned, big plunges and big buys, small plunges and small buys, persist for a long time.

  Huatai Strategy: Short-term four-point configuration ideas Before the arrival of the peak of suspected cases (Jin Qilin analyst), the overall market risk appetite, especially the bearish industry, is still under downward pressure.

  Short-term four-point configuration guidelines: 1) Optimize the pre-holiday epidemic escalation period, and the strong varieties such as medicine and electric vehicle industry chain when the market falls; 2) Optimize the technology manufacturing that declines in the short term due to the general mood, but the most logical in the medium term;) It is preferred that upstream and midstream equipment and component manufacturers with overseas production capacity and be located in the supply chain of major overseas customers; 4) Short-term attention to online education / online shopping / games / quick-frozen and fast-moving foods that may directly benefit from the epidemic.

  In the medium term, the three main lines of the annual strategy: the electric vehicle chain / computer / electronics, and the equipment and parts sector under the manufacturing investment logic also comply with the short-term relative income allocation logic, and gradually move towards “the return of the king”.

  China-Thailand strategy: Actively deploy hard technology and new generation consumption.

  During the outbreak of SARS, the market panic dropped by 10% and rose by 7% in the later period.

Therefore, there is no need to be afraid of panic decline.

There are two main concerns in the short-term market. One is the change in the epidemic situation, such as the growth rate of newly diagnosed cases; the other is the policy hedging tool, when it will be introduced, and how much effort will be made.

It is recommended to focus on avoiding two aspects. One is the stocks that are most affected by the epidemic, such as the sectors that have suffered short-term consumption shocks (catering, tourism, transportation, film and television, retail, etc.), listed companies in Hubei Province, etc., and the second is the financing purchase.In contrast, the determinants of equity rounds with a high equity pledge are the increase in liquidity and risk appetite.

Before the outbreak, the market believed that the macro economy had stabilized in the short term, at least the pace of monetary policy cuts and interest rate cuts would improve.

However, in contrast, the release of economic data in December and January, and the enthusiastic quotations of hard-tech and new-generation consumption in the era in January have broken the market’s illusion of macroeconomic recovery.

Then the epidemic’s economic growth rate is expected to cause the market to believe that liquidity will be further loosened, so the denominator market can still continue.

However, the increase in risk due to the epidemic situation will be replaced by part of the benefits brought about by the expectation of loose liquidity (this is mainly reflected in the panic period, when the panic period is over, the risk reduction will return to the current level).

We still maintain our judgment on the market structure in 2020.

Don’t expect a big bull market.

Choose structurally and continue to firmly recommend industries and stocks of the era of hard technology and new generations of consumption.

  CITIC’s strategy: The impact of the “Golden Pit” epidemic on the way to the “Xiao Kang Niu” ended the rehearsal of the “Xiao Kang Niu” that began in December last year, but at the same time provided a rare configuration opportunity.

We still continue our annual strategic view. We believe that in the second quarter of the transition, the economy will gradually return to the right track.

The “golden pit” dug by the market in February due to the impact of the epidemic will be the best time for configuration.

Short-term trading and long-term deployment opportunities co-exist: 1) Short-term trading opportunities brought by the epidemic itself, focusing on diagnostics companies in medicine, Chinese medicine companies, low-value consumables companies, and retail platforms. Other industries include chemicals for disinfection.Online education, leading supermarkets, games and videos, property management, etc.  2) For the allocation of funds, we still think that the technology sector represented by consumer electronics, semiconductors and new energy vehicles and the medicine represented by innovative drugs are the main lines of transfer. Shortening the adjustment is expected to recover quickly, but the adjustment will bring a lot ofGood chance to get on the bus.

In addition, due to the severe impact of the epidemic, the estimated space has been set aside, and the plate with little actual impact has also ushered in the best allocation time. For the detailed industry, see the main body of the report.

  GF strategy: The combination of “economic stabilization + currency easing” at the beginning of 2020 was partially destroyed. The current round of economic impact may be wider than in 2003, and the policy coverage is expected to increase from 2003.

The short-term emotional shock amplitude refers to the decline in the A / H market index of 9-12% in 2003 and the fall of the FTSE China A50 index during the Spring Festival.

4%, the time is slightly shorter than the 8 trading days in 2003; through the epidemic control to clear the market to stabilize, the core logic of the next stage or switch to the more friendly change of the denominatorThe discount rate drives down the main logic of the financial supply side).

  In terms of industry configuration, it is expected that the liquidity shock caused by the continuous decline in the market after the holiday will lead to the adjustment of the GEM ratio. However, if the rebound is stabilized, it should also be a leading technology growth.

By 2003, the period in which the fundamentals were affected periodically by the epidemic was (affecting the construction of labor-intensive construction) and offline consumption (such as catering and tourism, cinema lines, traditional retail, and transportation), which had a relatively small impact on technological growth.

It is recommended to use the opportunity of reduced risk expectations and staged discounts of liquidity to configure technological growth (consumer electronics, new energy vehicles, games).

  Northeast Securities: The probability of strategic emerging industries being killed by mistake. The inflection point of financial expectations depends on the marginal inflection point of the epidemic data. The impact and inflection point of the real economy are at least cross-quarter, and it depends on the strength of policy support.

The overall strategy is: 1. Industries that are indirectly harmed by the epidemic, such as strategic emerging industries, controversy over the probability of missed opportunities, and pay attention to the core main lines of each industry we introduced; 2. Those affected by the epidemic, such as delivery, tourism, Catering, construction, etc., we must pay close attention to the recovery of passenger flow and industry recovery, and then there will be a rebound space for breakthroughs.

But maybe in the second and third quarters.

  Securities Times’s new media platform focused on listed companies

COFCO Sugar (600737): White sugar futures prices rose at the bottom, which is positive for COFCO Sugar’s performance

COFCO Sugar (600737): White sugar futures prices rose at the bottom, which is positive for COFCO Sugar’s performance

First, the event overview On July 5, the sugar 1909/1911 contracts rose 3, respectively.

64% / 3.


This surge is another increase in the price of white sugar futures in the bottom region following the April 1909/1911 contract surge.

Second, analysis and judgment It is expected that sugar will enter the production reduction cycle in the next three years, and the superimposed demand is strong, which is good for sugar prices to rise. The 2018/2019 crushing season is the third year of the domestic sugar production increase cycle.

The lowest, the conventional sugar planting area, especially sugarcane planting area shows a downward trend. It is expected that this trend will continue until the 2019/20 crushing season, strengthening the logic of yield reduction.

In January 2019, the spot price of sugar dropped to a staged low of 5229 yuan / ton; sugar production in the sugar production period still slightly increased, and the average price of beet sugar and sucrose gradually decreased. The 19/20 crushing season will most likely enter the sugarcane production reduction cycle, Which is expected to drive sugar prices upward.

In addition, the annual increase in the level of per capita sugar consumption will further reduce the sugar inventory, and it is expected that the annual sugar inventory will decrease to 541 in 2019.

The combination of the above factors will help the sugar price rise.

COFCO Sugar is the highest domestic sugar producer. It directly benefited from the improvement in the gross profit after the rise in sugar prices. The company is one of the largest sugar manufacturers in the country. The total revenue of self-produced sugar and processed sugar in 2016 was 82.


3.4 billion, accounting for 43% / 42% of total revenue.

When the price of sugar in 17/18 was at the cyclical trough, the self-produced gross profit margins were 19.

91% / 16.

71%; processed sugar gross margins are 19 respectively.

77% / 13.

12%, through the future rise in sugar prices, self-produced and processed sugar gross margin is expected to improve.

The distribution of domestic and international production capacity is reasonable, ensuring future performance flexibility.

43 estimates that its overall production capacity is expected to be around 100.

In addition, COFCO Sugar has 30 tons of Australian Tully sugar production; in Caofeidian, Tangshan, Hebei, it has a 50-ton / year sugar refining capacity, and Liaoning Yingkou has a 100-ton / year sugar refinery capacity.

At present, the company generally processes sugar production capacity at home and abroad, and the scale of self-produced sugar can effectively ensure the flexibility of performance.

Third, profit forecast and investment advice The company is expected to achieve operating income of 193 in 19-21.



99 ‰, +10 for ten years.

2% / + 10.

5% / + 12.

5%; net profit attributable to listed companies7.



95 trillion, +56 a year.

3% / + 33% / + 42.

8%, corresponding EPS is 0.



73 yuan, currently the overall corresponding PE is 25/19/13 times.

In the future, the conversion sugar price will enter an upward cycle, and the company’s performance will show a high degree of elasticity. The company’s expected growth is 168/78 times the estimate of the agriculture, forestry, animal husbandry, and fishery / agriculture sector, and it is given a “recommended” rating.

4. Risk warning: Sugar price rises less than expected, sugar crop production 深圳桑拿网 increases more than expected, sugar growth cycle is postponed, etc.

Daily learning of a finance manager


Daily learning of a finance manager

I reported to the tax accountant for examinations. I have not participated in the exams in these years, but basically they have been abandoned halfway. This time I was thinking about working hard anyway, or else the previous subjects would be exhausted.However, time is there, but I am often absent-minded. The company’s affairs are very bad for me. If I want to leave, I will face the problem of unemployed and re-finding my job. I have to vote for the job online.Every day, this kind of thing took up a few hours. At the same time, I had to deal with these miscellaneous accounts. At the same time, I was still thinking about whether to open my beloved flower shop, think of flowering, and my magic spirit started again.The exam is even more awkward.

The daily work of a financial manager – learning the actual financial knowledge, changing every year, what is the use of the test card, not to update the ownership, too many things in the book can not be used, and there are more in practiceThe things you have to work hard to gain.

And I passed the intermediate level and basically satisfied the current situation.

Less than 20 days from the exam time, did not read the book, I seem to be trying to convince myself that you should not test, do not test!

The natural enemies of uterine fibroids have been found, insisting on eating a few mouthfuls a day, promoting blood circulation and eliminating uterine fibroids.


The “natural enemies” of uterine fibroids have been found, insisting on eating a few mouthfuls a day, promoting blood circulation and eliminating uterine fibroids.

For women, it is especially important to care for the health of the body. Among them, the maintenance of the uterus is more serious, the uterus is delicate, and in many cases, the maintenance of the uterus is troublesome, for example, the uterine fibroids.When it appears, everyone needs to know more.

If uterine fibroids are uncontrolled, they will affect the shape of the uterine cavity when grown up.

If uterine horns appear in uterine fibroids, they will enter the entrance to the pressure-forcing the fallopian tube, which will affect the entry of the fertilized egg and ultimately affect pregnancy.

Sometimes even pregnancy can cause miscarriage.

The “natural enemies” of uterine fibroids have been found, insisting on eating a few mouthfuls a day, promoting blood circulation and eliminating phlegm and eliminating muscle tumors. Hawthorn hawthorn can improve the role of promoting blood stasis and detoxification. Many women with uterine fibroids may be accompanied by menstruation.In the case of adjustment, eat more hawthorn can have a very good conditioning effect, usually you can eat fresh hawthorn, you can also drink with hawthorn dry water, see everyone’s personal hobbies?
Kelp is rich in iodine, which can effectively supplement the nutrients in the human body.

Not only that, but it is also rich in protein and other minerals, which can effectively help us prevent uterine fibroids, rehabilitation, and benefit women’s health.

Kelp also promotes gastrointestinal motility and is helpful for relieving constipation.

Sugar cane Many people like to eat sugar cane, which is rich in sugar.

In the summer, it removes dust from the lungs and relieves coughing.

Especially for patients with hypoglycemia caused by uterine fibroids, it has a good mitigating effect.

In addition, it can relieve nausea, fatigue, cough and other symptoms caused by uterine fibroids.

It also inhibits the growth of fibroids.

The frankincense fragrance disappears, the taste is “can do”, and the blood is taken away, so it can promote the operation of blood and is good at relieving pain. It has the effect of promoting blood circulation, dilating and relieving pain. It is an essential medicine for gynecological diseases.

Related studies have shown that women who eat the proper amount of frankincense can prevent the occurrence of uterine tumors.

Sour plum also has a good effect on the prevention of uterine fibroids.

Some of the malic acid and citric acid contained in the plum have a good inhibitory effect on the lactic acid produced in the body, so that the blood becomes clean, thus achieving the effect of preventing uterine fibroids.

Because of the presence of iron, seaweed has a certain regulation of blood acid and alkali performance indicators, which affects the acidity and alkalinity in the uterus, and can also improve the growth of intrauterine fibroids, rather than uterine fibroids, but also other uterine diseases.A certain preventive effect, women can eat more.