月度归档 2024年1月31日

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Big callback! China stock market is two worlds apart.

Huijing Ye Tan finance

Text/Huijing

Wang Wu threw a philosophical question in the exchange group of the real competition yesterday. Why didn’t the cars collide when we were driving on the road?

People in the group were asked, and they were crazy about asking questions.

Wang Wu continued, because when we are driving on the road, we will stop when we see a red light, turn when we see a curve, and avoid when we see an oncoming car.

People in the group are even more confused. Art Wang Wu, what do you mean?

Wang Wu replied in the group,Why don’t we sometimes "stop", "turn" and "avoid" when doing business? Why is it so hard to do it?

On April 21st, Black Friday was staged in China stock market, and there was a 100-share limit.

Judging from the trend, the Shanghai Composite Index weakened from the opening price of 3,364 points, and unilaterally fell to the closing price of 3,301.26 points throughout the day, with a decline rate of 1.95%, close to 2%.

From the graphic point of view, a big yinxian line of the Shanghai Composite Index reversed the Zhongyang line on April 17, showing a sharp decline.

In this regard, some people may think that the stock market is about to start a wave.Adjustment of midline levelMaybe some people will think that this is a once-in-a-lifetime event.Call back and get on the busOpportunity.

Some people are bearish on the market outlook, and some people are bullish, so there will be differences and there will be transactions.

Personally, I don’t shy away from my own point of view, bearish on the growth track and look at the multi-value track.

March 28EvacuationIn this paper, it has been considered that the concept of ChatGPT with an increase of over 100% presents a largefoamAnd made countermeasures.

At the same time, I also think that the future market of the stock market is mainly in the value track.February 23 rdState-owned enterprises outperformed the national GDP growth rate.April 18thOnce again, the importance of the value track was expounded.

Figure: Net buying status of foreign capital Source: Straight flush

Why does the market have different views of bullish, bearish and volatile?

Because there are a thousand readers, there are a thousand Hamlets.

Everyone’s different growth environment and social experience will inevitably bringDifferent world views, mapped to the stock market, will produce different trading views.

Views are very important, but more important than trading views is to stick to your own ability circle.

Repeat the three stages of ChatGPT market to explain the logic of sticking to one’s ability circle in the structural market in the stock market.

The hazy stage of the market,Some people are optimistic, buying and holding artificial intelligence to make profits. At the same time, some people are not optimistic, and they also make profits by doing other things that they are optimistic about, such asChina Software, Taiji SharesDomestic software sector, etc.

The development stage of the market,Some people began to be optimistic, chasing high and holding artificial intelligence for the first time, and then quickly taking profits and making profits.

The fishtail stage of the market,People who were initially optimistic began to bearish and take profit positions.Profits are safe.

Fish tail market,There are also many funds for flips, such as the funds for buying domestic software in the early days. They are not eager to catch up with the market, but they have made a counter-pumping market after the plunge, that is, Longhuitou Scenic Spot, for example360, Inspur InformationSuch as artificial intelligence plate.

Obviously, everyone has different judgments and opinions on the ChatGPT market, but they all earned profits in their own ability circle in the ups and downs of the market.

That is to say, everyone chooses a different way to go to Rome, but as long as they stick to it and don’t go upside down repeatedly, all roads will eventually lead to Rome.

This truth can also be used to answer Wang Wu’s philosophical questions above.

Trading is analogous to driving. When we are driving on the road, if we are in a hurry to do something, we may run a red light, such as going to the hospital, rushing to work, rushing to the airport and so on.

If you suddenly enter a strange place, you may not turn, such as entering the forest, desert, foggy weather, etc.

If you are not in the state when driving, you may not avoid coming cars, such as fatigue driving, drunk driving, sending text messages, etc.

In fact, these "what if scenarios" are things outside our ability circle, and most of the time we don’t have accidents when driving, because we are doing things within our ability circle.

Further divergently speaking, some people’s ability circle is riding a bicycle, some people are driving a car, and some people are flying a plane. They should guard their own ability circle so that traffic accidents will not occur.

Therefore, the viewpoint of ups and downs in China stock market is of course important, but what is more important than the viewpoint is not to be greedy or envious, to foster strengths and avoid weaknesses, to stick to one’s own ability circle, and to earn profits that one can earn.

China’s stock market is a barometer of the economy, and its ups and downs also imply the two worlds of economic inflation and deflation.

On April 21st, the China stock market made a big correction, among which the leading sectors were mainly Chatgpt industrial chain, including big data models and semiconductor chips, which led the gains in the previous period and attracted more funds.

On the other side,The national defense military industry has shown obvious resistance to falling, even rising against the trend.At the same time, the performance of China’s characteristic valuation sector (China Special Valuation) is better than the market average.

In other words, on Black Friday, on the one hand, the value track resisted or even rose against the trend, and on the other hand, the growth track led the decline or even fell to a large limit.

It is worth noting that not only the China stock market has experienced the ups and downs, but also the structural market.

Real estate market,There is a long-lost Xiaoyangchun market in the core areas of first-and second-tier cities, while the third-and fourth-tier cities are still sluggish.

Commodity market,The market of black plate of screw thread and iron ore continued to fall, while the market of energy and chemical industry and live pigs obviously resisted falling or even rose.

In addition, the prices of automobiles, household appliances, photovoltaics and other fields are falling, reflecting the deflationary pressure of the economy; However, the prices of services such as catering, haircuts and oil fees are rising, reflecting the inflationary pressure of the economy.

The deflationary pressure of large-scale enterprises and the inflationary pressure of small and micro enterprises are also reflected in the first quarter of 2023.GDP growth rateGo.

China’s GDP growth rate in the first quarter was 4.5%The growth rate of the secondary industry dominated by large-scale enterprises is 3.3%, which is lower than the average growth rate of GDP; The growth rate of the tertiary industry dominated by small and micro enterprises is 5.4%, which is higher than the average growth rate of GDP (see the figure below).

The whole economic market is half flame and half seawater.

All of the above fully shows that the economic probability of China, including the stock market, has entered a differentiated market.So, the stock marketUnder the general trend that the whole economy is divided, the differentiation will gradually become the norm.

That is to say, the risk of China investors chasing up and down will be further amplified, on the contrary, the cost performance of China investors buying at low prices will be further strengthened.

Figure: GDP growth rate of service industry and industry Source: wind

Finally, I personally think that we can have divided views on the trends of stocks, even real estate, gold and bonds.

However, we all have to implement our own views and realize the realization within our own ability circle.

For example, we all know that Wenzhou real estate speculators are very profitable, but is that our ability circle? For example, we all know that the stock market is very profitable, but is that our ability circle?

For another example,

Just because others can watch more and do more doesn’t mean we can watch more and do more. We can watch more and stay put, and then do more when we trigger our own ability circle signal.

Everyone’s ability circle is different, and these signals are naturally different. It can be that the golden fork is long, the Brin channel breaks up and goes long, and after breaking through the 60-year moving average, it will step back and go long, and continuously pull back to the golden section to buy long.

These signals can also be that the first quarter report is in line with expectations, the price falls to the lower end of the enterprise valuation, and the marginal variables in the enterprise performance are long.

Personally, I feel that the adjustment of China’s economy, including the stock market, real estate, gold, bonds, etc., will also have constant structural differentiation, and the track style will rotate.

We should cherish more what we are good at, persist in fostering strengths and avoiding weaknesses, and stick to our own ability circle. Don’t go astray, let alone join in the fun outside your own ability circle.

What do you think?

(Disclaimer: This article is an objective analysis of the public information of Ye Tan Finance and Economics, and does not constitute investment advice. Please do not use it as the basis for investment.)
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Bank of China: The inflow of US$ 11.9 billion in the past week was the largest since July 2015.

[Bank of China: The inflow of US$ 11.9 billion in the past week was the largest since July 2015] Cailian News Agency, January 26th, Bank of America quoted EPFR data as saying that the inflow of emerging market equity funds reached a record US$ 12.1 billion in the week ending January 24th. China stock fund attracted $11.9 billion in capital inflows last week, the largest since July 2015 and the second largest in history. Global equity funds attract $17.6 billion in capital inflows; The inflow of American equity funds is $5.3 billion; European equity funds, for the fourth week in a row, had a capital outflow of $1.9 billion.

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The Ministry of Housing and Urban-Rural Development fully gives urban real estate control autonomy, and cities can adjust their real estate policies according to local conditions.

January 26, 2006: The Ministry of Housing and Urban-Rural Development held a deployment meeting of urban real estate financing coordination mechanism this morning. The meeting demanded that we should adapt to the new situation that the relationship between supply and demand in the real estate market has undergone major changes, speed up the construction of a new model of real estate development, combine the long and short, treat both the symptoms and the root causes, and promote the stable and healthy development of the real estate market. It is necessary to adhere to the policy of the city, precise policy, one city and one policy, make good use of the policy toolbox, and fully give urban real estate regulation and control autonomy. Cities can adjust their real estate policies according to local conditions.

It is necessary to work out the housing development plan, improve the housing supply system of "guarantee+market", establish a new linkage mechanism of people, housing, land and money, improve the basic system of housing life cycle, implement the construction of affordable housing, the construction of public infrastructure for emergency use and the transformation of villages in cities, and build a green, low-carbon, intelligent and safe house. It is necessary to rectify the order of the real estate market, rectify the chaos in real estate development, trading, intermediary and property, expose typical cases of violations of laws and regulations, and earnestly safeguard the legitimate rights and interests of the people.

Yesterday, Xiao Yuanqi, deputy director of the State Financial Supervision and Administration Bureau, attended the press conference of the State Council Office and said that the real estate industry has a long chain and a wide range, which has an important impact on the national economy and is closely related to the lives of the broad masses of people. The financial industry is duty-bound and must be strongly supported.

Xiao Yuanqi said that accelerating the implementation of the coordination mechanism of urban real estate financing is effective, requiring banks to act as soon as possible. Under the lead coordination of the urban people’s government, together with the housing and construction departments, the policy toolbox will be used well because of the city’s policy, and the reasonable financing needs of real estate projects will be more accurately supported.

Support local city governments and housing construction departments, further optimize individual housing loan policies such as down payment ratio and loan interest rate due to city policies, and guide and urge banks to better serve the financing needs of the broad masses of people’s rigid and improved housing. Guide and require banks and other financial institutions to vigorously support the construction of "three major projects" such as "emergency and emergency" major infrastructure and urban village reconstruction, and demand that the physical workload be formed as soon as possible.

Previously, the Ministry of Housing and Urban-Rural Development and the General Administration of Financial Supervision jointly issued the Notice on Establishing a Coordination Mechanism for Urban Real Estate Financing, requiring cities at or above the local level to establish a coordination mechanism for real estate financing, build a communication platform between government, banks and enterprises, and promote the accurate docking of housing enterprises and financial institutions.

Guojin Securities pointed out that the real estate sector is at the double bottom of performance and valuation, and the policy catalyzes or welcomes layout opportunities. The improvement of operating property loan policy can improve the cash flow of housing enterprises to a certain extent, and the key to the stable and healthy development of the industry lies in the stabilization of sales, which still needs the continuous support of loose policies.

Ping An Securities believes that this time, financial institutions and the General Administration of Financial Supervision jointly issued a notice on doing a good job in the management of operating property loans, refining the requirements for the management of commercial banks’ operating property loans, such as caliber, duration, quota and use, and further broadening the financing channels of real estate enterprises.

Meet the reasonable financing needs of real estate enterprises with different ownership equally

Ni Hong, Party Secretary and Minister of the Ministry of Housing and Urban-Rural Development of the People’s Rerublic of China attended the meeting and stressed that accelerating the implementation of the coordination mechanism of urban real estate financing is effective, supporting the development and construction of real estate projects, meeting the reasonable financing needs of real estate enterprises with different ownership equally, and promoting the stable and healthy development of the real estate market.

All localities should pay close attention to research and put forward a list of real estate projects that can be given financing support to accurately and effectively support reasonable financing needs.

The meeting emphasized that the orderly development and construction of the project is the basis for the stable and healthy operation of the real estate market and is related to the vital interests of the people. In view of the current financing problems of some real estate projects, all localities should focus on projects, study and put forward a list of real estate projects that can be given financing support, coordinate the issuance of loans by financial institutions within their respective administrative regions, and accurately and effectively support reasonable financing needs. Credit funds should be ensured to be operated in a closed way and used in compliance, and misappropriation should be resolutely prevented. At the provincial level, it is necessary to track and monitor the implementation and strengthen supervision and guidance. At the national level, an information platform for urban real estate financing coordination mechanism projects will be established, and weekly scheduling and monthly notification will be implemented.

The meeting demanded that we should adapt to the new situation that the relationship between supply and demand in the real estate market has undergone major changes, speed up the construction of a new model of real estate development, combine the long and short, treat both the symptoms and the root causes, and promote the stable and healthy development of the real estate market. It is necessary to adhere to the policy of the city, precise policy, one city and one policy, make good use of the policy toolbox, and fully give urban real estate regulation and control autonomy. Cities can adjust their real estate policies according to local conditions. It is necessary to work out the housing development plan, improve the housing supply system of "guarantee+market", establish a new linkage mechanism of people, housing, land and money, improve the basic system of housing life cycle, implement the construction of affordable housing, the construction of public infrastructure for emergency use and the transformation of villages in cities, and build a green, low-carbon, intelligent and safe house. It is necessary to rectify the order of the real estate market, rectify the chaos in real estate development, trading, intermediary and property, expose typical cases of violations of laws and regulations, and earnestly safeguard the legitimate rights and interests of the people.

The list of the first batch of real estate financing coordination mechanism projects will land before the end of the month.

The meeting proposed that an information platform for urban real estate financing coordination mechanism projects will be established at the national level, and weekly scheduling and monthly notification will be implemented. The Ministry of Housing and Urban-Rural Development has made great efforts to implement the mechanism. It is understood that before the end of this month, the first batch of projects can win loans after landing.

This article comes from: financial circles

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"Olive" is the first person to go forward: the first Beijing Waist Flag Rugby Open kicks off

China Daily, May 20th. On May 20th, the early summer in Beijing was full of vitality, tacit passing and decisive flag-pulling. The athletes sweated and enjoyed the infinite charm of flag football. Sponsored by Beijing Social Sports Management Center and Beijing Daxing District Sports Bureau, and hosted by Beijing Rugby Sports Association, Beijing Beiolive Sports Development Co., Ltd. and Beijing Luyin Heritage Sports Development Co., Ltd., the first Beijing Waist Flag Rugby Open will be held in Jujia Stadium in Daxing District. This open will take two weekends to compete for four days on May 20th and 21st, and May 27th and 28th respectively.
The event of this open competition is five-player flag rugby, which consists of three groups: men’s group, women’s group and mixed group. Nearly 500 athletes from 34 teams participated in the competition. The competition will adopt the competition system of combining group stage and cross elimination stage, and the participating teams will play 69 games in total until the corresponding ranking is produced. The first Beijing Waist Flag Rugby Competition aims to create a high-level model of Waist Flag Rugby Competition with high-standard competition guarantee, high-standard competition venue and high-level referee team, and promote the benign development of the project with brand competition activities.
There is also a carnival activity area at the Open, where the majority of national fitness enthusiasts can participate in all kinds of rugby fun experience activities, deepen their understanding and cultivate their interest in the experience, and take a seat in the viewing area during the intermission of the experience to feel the intense atmosphere and distinctive rugby charm at the competition site. Everyone cheers for the athletes and jointly ignites the competitive storm of Beijing Waist Rugby.
Waist flag rugby is a new trend sport, which comes from the training subject of American football with all equipment. It is mainly used for tactical drills and basic route exercises. The defensive way of flag-pulling is used to replace dangerous defensive actions such as catching and pushing, so as to reduce the risk of injury in training. Because of the safety of zero physical contact, less requirements for the venue, relatively easy to get started, and friendly experience for beginners, in recent years, the phenomenon of "online celebrity Exercise" has become the daily fitness program choice for young people. Nowadays, more and more people are discussing its technical and tactical improvement and project development. Holding the first flag rugby open is to build a communication platform for the majority of flag rugby fans, add flag rugby to the sequence of national fitness projects, continuously enrich the supply of national fitness events and meet the growing needs of citizens for a better life.
On May 3rd, 2023, at the annual general meeting of the International World Games Association (IWGA) held in Madrid, Spain, IWGA Sports director Sebastian Gavins announced that flag rugby would become the official event of the 12th World Games in 2025, which was a milestone for the development of flag rugby. At the same time, it also shows that the first Beijing Waist Flag Rugby Open will be held at the right time, which will add new momentum to the development of China Waist Flag Rugby.
Source: China Daily.
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What are the styles of the luxury houses of the stars? It turns out that it is not only a trench but also very particular.

  Original title: Star Mansion Award

  Author: yang

  Like the rich, stars buy luxury houses not only for ostentation and extravagance, but also for preserving the value of assets. However, when stars who create roles in the play buy luxury houses outside the play, their roles and past will be dramatically projected on the selected luxury houses.

  "Ruyi" and her quadrangle

  From the famous work Suzhou Creek, in the next 20 years, Zhou Xun was a princess staring blankly at the mask of Kunlun slaves outside Daming Palace, a Lin Huiyin who was boating on Cambridge, a Xiaowei who was looking for love in the painted skin, a Li Mi who kept asking questions on the overpass, and a Jiu-Er who was wearing a red Chinese-style chest covering in a green gauze tent. Eventually, she became the queen of Yi Kun Palace and turned the Forbidden City into a besieged city.

  On the screen, she plays the role of chasing love. By the way, she became the first "Grand Slam" winner of the Golden Statue, Golden Horse, Golden Rooster and Hundred Flowers in the Chinese film industry. Probably, she was too deeply involved in the play. In reality, Zhou Xun has always been a "baby in love". From the age of 19, she came to Beijing to develop. This city allowed her to meet her successive boyfriends until she married Gao Shengyuan. She also left her own mark in this city-she bought more. The three-bedroom and two-bedroom apartment bought in MOMA, Wanguocheng, Dongzhimen, although the unit price of this apartment has exceeded 100,000 yuan per square meter, it is still a bit crude for Zhou Xun, where the annual income has remained above 60 million.

Beijing Wanguocheng/Image Source Network  

  When you are in love in Beijing, you should also have the "most Beijing" residence, and the representative of Beijing residence is the Forbidden City and the quadrangle. There are more than 70 palaces and 9,000 houses in the Forbidden City, which are arranged in a square area in an orderly way, and Zhou Xun’s "Ru Yi" lives in it. The quadrangle with a history of more than 3,000 years up to now is as tight and closed as a besieged city, and it pays attention to entering several courtyards. Although the area and level of the Forbidden City and the quadrangle are far from each other, they are in common in essence and pay attention to symmetry. Some people say that the Forbidden City is the largest quadrangle in Beijing.

  In the play, Ruyi lived in the Yi Kun Palace, and outside the play, Zhou Xun lived in the quadrangle. According to media reports, in 2013, Zhou Xun bought a single-family courtyard house in Nanluoguxiang, not far from the North Gate of the Forbidden City. Covering an area of nearly 600 square meters, it has 13 rooms. The interior of the quadrangle is antique, and the alley in front of the courtyard can accommodate a large RV, with a separate garage on the side. Although there are no high-rise buildings around the Second Ring Road in Beijing to spy on, the quadrangle wall in Zhou Xun is still nearly 4 meters high, which is much higher than that of other residents. The walls around the courtyard are even with neighbors, and the higher part is blocked by glass or iron net, which not only ensures the unity of height, but also ensures the lighting of neighbors. This quadrangle is Zhou Xun’s own "Little Forbidden City".

  It cost nearly 90 million yuan to start this quadrangle, and now it has risen to 200 thousand yuan per square meter, with a total price of 120 million yuan.

  The old villa in the "small age"

  If quadrangles are the most Beijing-style buildings, the representative of Shanghai-style buildings is the old villa in the garden.

  Shanghai has a variety of struggle history, just like this city has a variety of houses. In 2001, Jing M.Guo came to Shanghai from Zigong, a small town, to participate in the New Concept Composition Competition. When he came out of the People’s Square subway station, he saw the whole of Shanghai off guard. He wrote in his book: I want to be here.

  When studying at Shanghai University, Jing M.Guo was careful to eat a bowl of steamed eggs in the canteen and drink a cup of bubble tea. "I can’t drink it every day. If I drink it every day, I won’t have money to buy shoes. Because I only brought two pairs of shoes to Shanghai, and they are all summer shoes. In winter, my feet are cold and painful. " As a film and television art engineering major, he needed to buy a laptop and a DV for making short films, which became the first hurdle he encountered. Jing M.Guo’s mother was a local bank clerk and his father worked in a state-owned chemical plant. Such family conditions were comfortable in a small town, but the expenses in Shanghai taught him a lesson.

  He began to write crazily, trying to change his destiny with the keyboard, and he became a veritable "keyboard man". Since 2007, he has ranked first in the rich list of Chinese writers for three consecutive years, and he finally let himself live a life in Tiny Times.

  In 2011, Jing M.Guo once again ranked first in the rich list of Chinese writers with a copyright income of 24.5 million yuan. Just one day in the early spring of this year, Jing M.Guo drove past an old villa in Wuning Road, Jing ‘an District, Shanghai. This old villa was an old house of Wang Jingwei, which consisted of three townhouses. After ten years, under a plane tree, he seemed to find the shock of the moment when he walked out of the subway station. He immediately asked his assistant to inquire about the condition of the house. After contacting the seller, he bought the old villa with the full amount of 50 million yuan. Jing M.Guo had several luxury houses in Shanghai, all of which were bought in the name of his company, but this villa was bought by him in his private name.

Source: Sina Entertainment  

  As soon as the house was transferred, Jing M.Guo applied to Jing ‘an Bureau of Soil and Resources for the overhaul and reconstruction of the villa. After renovation, the first villa became a private library and audio-visual room in Jing M.Guo, filled with books and movies collected from all over the world in Jing M.Guo. A small carefully carved garden connects the second villa.

Source: Sina Entertainment  

  The first floor is the reception room, the second floor is Jing M.Guo’s office, and the third floor is his bedroom and cloakroom, which has become the most exposed area of this villa. The third villa is the office of Jing M.Guo’s most cosmopolitan culture. Today, the valuation of this villa has exceeded 200 million, and it has become one of the most important labels in Jing M.Guo.

  As written in Jing M.Guo’s novels, his villa was full of luxury goods. The moment he was interviewed in his own villa, the inferiority that the city had brought him was gone forever.

  Villa next to Humble Administrator’s Garden

  Some people cure inferiority through conquest, while others cure inferiority through regression.

  In 1980, 15-year-old Carina Lau left the alley near Suzhou Art Garden with his parents and went to live in Hong Kong. When she first arrived in Hong Kong, she felt like a clown from a circus.

  Carina Lau chose her own way to fight against her instinctive inferiority. At the age of 17, she took the Hong Kong wireless training class entrance examination with her accumulated artistic skills in Suzhou Cultural Palace. Although she failed to pass the exam because Cantonese was not up to standard two years ago, Carina Lau’s stubbornness and persistence moved Fanggang Liu, the president of the wireless training class, and made an exception to let her enter the wireless artist training class. Since then, she has entered the entertainment industry.

  Without the beauty of Michele Monique Reis and Rosamund Kwan, the amorous feelings of Chingmy Yau and Joey Wong, and the excellent acting skills of Maggie Cheung, Carina Lau perfectly explained that persistence is more important than hard work. After six nominations, she finally became the winner, not just the wife of the man who won the most Best Actor.

  Since becoming famous, Carina Lau has tried to invest, and her first choice is to buy a house. Thanks to her Bole Fanggang Liu, "He taught me to save money when I earn money, never speculate, and never buy stocks, just buy a house. In short, save money to pay the first payment, and then force yourself to pay slowly. " Fanggang Liu believes that an actor’s only investment is home ownership, and other businesses can’t compete with others. His views have influenced Carina Lau.

  Carina Lau, once known as the "North Sister" in Hong Kong’s entertainment circle, is also different from other Hong Kong actresses in choosing luxury houses. Her house in Shanghai has unique decoration taste.

  More importantly, she set her eyes on her hometown. Suzhou girl who walked out of Suzhou Garden Art Garden finally chose to return to Suzhou Garden.

Zhuozheng villa 

  In 2007, Carina Lau chose Zhuozheng Villa next to Suzhou Humble Administrator’s Garden, which is said to be the only property in China that needs the approval of the national, provincial and municipal cultural relics bureaus. There are three world cultural heritages within 500 meters of the villa: Humble Administrator’s Garden, Lion Forest and Beijing-Hangzhou Grand Canal. There are only 28 villas with an area of 600-4000 square meters. The overall planning refers to the Humble Administrator’s Garden next door, overlooking it from the air, and merging with the Humble Administrator’s Garden next to it. Each villa has its own private garden. The highest price is 500 million yuan. It is said that the villa in Carina Lau is named "Ling Chia Garden".

  Big brother’s Huizhou residents

  Carina Lau is not the only one who likes the characteristic folk houses in his hometown. Jackie Chan, who stood side by side with Carina Lau to protest against the bad media after the East Weekly incident in 2002, also likes his hometown architecture. The movie A Tale of Three Cities tells the love story of Charles and Lee-Lee Chan, an Anhui policeman, and Chen Yuerong, a legendary woman, who spans three cities. The prototype of the hero is Jackie Chan’s parents.

  Twenty-six years ago, in order to let his parents enjoy their old age in the environment of Anhui hometown, Jackie Chan began to gradually start Huizhou architecture. His collection of ten Huizhou wooden buildings, including halls, stages and pavilions, is the essence of China architectural art. Among the 10 ancient buildings, 7 are ancient houses and ancient stage in Ming and Qing Dynasties, with a history of about 200 to 400 years. Most of them are made of rare tree species such as rosewood, which has high artistic value and is worth hundreds of millions.

In 2018, Jackie Chan appeared in Anhui Province to inspect Huizhou ancient dwellings, and conducted on-the-spot investigation before the acquisition, and the ancient buildings were exposed internally.  

  If most of the star’s mansion is "dead", then Jackie Chan’s mansion is "alive". The Huizhou architecture in Jackie Chan’s collection was originally a brick-wood structure. The wooden structure on it was transported from Anhui to Hong Kong by the method of assembly and disassembly. The brick part is relatively heavy and can be discarded. After the land is selected, the local bricks can be used to build walls, and this Huizhou architecture will come back to life in other places.

  It’s a pity that the son wanted to raise and didn’t stay with his relatives. His parents died one after another within ten years, so Jackie Chan hoped to donate these houses that were idle in the warehouse to feed termites. In 2003, he wanted to donate these old houses to the Hong Kong government for exhibition purposes, but there was no result because of the land allocation problem. In 2010, he wanted to donate his old house back to the Anhui government, but he didn’t get a clear reply. In desperation, Jackie Chan donated four of the buildings to Singapore University of Science and Technology Design, which responded quickly. Once the news was announced, it caused an uproar.

  Bai Yansong asked him, "Why donate it to Singapore? There are plenty of places on the mainland, Huangshan and Zhejiang, don’t they all wave to you? " Jackie Chan explained: "Now wave to me, not before, I tried before, but I didn’t implement it."

  Jackie Chan’s public appeal aroused the whole society’s attention to ancient buildings. In the end, these four ancient Huizhou buildings returned to Anhui and took root in the place where their parents once lived. Jackie Chan also kept his lines in "Zodiac": "No one can take people’s cultural relics from other countries and put them in their own museums!

  Kung fu emperor’s Shanghai mansion

  When he entered Shichahai Sports School at the age of 8, Jet Li began his career as a martial arts athlete and his journey as a winner in life. Shaolin Temple, the first film starring in 1982, set a box office record of 161 million yuan with an average ticket price of 10 cents. When he came to Hong Kong for development, he earned HK$ 15 million for his works such as Huang Feihong and Fang Shiyu. After he entered the United States in 1998, he started with a salary of US$ 500,000, and once became the first Chinese movie star in Hollywood with a salary of US$ 15 million.

  Rich people and celebrities in Hong Kong prefer to buy land and build buildings in Repulse Bay, Deep Water Bay, Peak and Mid-levels. In mainland China, it is usually impossible to simply copy this model because of policies and other reasons. The luxury houses of mainland stars are mostly finished commercial houses in essence.

  In 1994, Shanghai Pudong was just developed, and the whole Pudong was in full swing. The focus of development was still around Lujiazui. Jet Li, who had been immersed in Hong Kong for many years, talked and laughed with various real estate tycoons. It was like opening a God’s perspective. He got a rectangular plot with an area of more than 400 mu through legal lease in Huamu Road, Pudong, which was still a vegetable field at that time.

Tomson Golf Course  

  Afterwards, it was proved that this investment was quite wise. Soon, Tomson Golf Villa Phase I and Tomson Golf Course began to be built opposite to Jet Li’s "own vegetable field", and the value of Jet Li plot rose. Around 1997, Jet Li sold nine-tenths of the whole plot to Li Ka-shing, the richest man in Hong Kong who was eager to embrace the mainland at that time. Li Ka-shing’s "Hehuang" real estate developed the Shanghai top villa "Four Seasons Yayuan" on the nine-tenths plot. Jet Li chose to keep one-tenth of the land in the southeast corner with the best location. This plot later became Jet Li’s "home" in Shanghai.

  In 2003, Jet Li sold his luxury house in Los Angeles for $5 million, ready to settle in his wife Nina Li Chi’s hometown of Shanghai. He moved his luxury house in the United States to Shanghai as it was, and in fact, the scale of the final construction even exceeded that of American houses.

  At the northwest corner of the intersection of Huamu Road and luoshan road in Pudong, there are three white villas with a building area of more than 5,000 square meters, including a three-and-a-half-story villa and two two-story villas. The basement is divided into two floors, the first floor is a parking lot for 10 cars, and the second floor is equipped with a cinema, badminton court, fitness room, chess room and sauna. The "Buddhist Temple" in Jet Li is set in a separate building.

  Jet Li’s mansion is dominated by European classical court style, with all the walls made of pure white and light black frosted marble, and the courtyard has both European-style fountains and pavilions and Chinese-style gardens.

  No matter from the construction process and geographical location, this house with a market value of more than 1 billion can be regarded as the first mansion in China, but it’s a pity that Jet Li, who is bent on Buddhism, doesn’t like mansions and loves Buddhist temples, and the first mansion has become a dormitory for security guards and nannies.

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Happy New Year’s Eve in Guangdong, Sharing New Year’s Eve Reunion Dinner: Foshan Trade Union expressed condolences to the migrant workers of Sanshui Xingxing Refrigeration Company who stayed in the fa

Text, map/Yangcheng Evening News All-media reporter Liang Zhengjie correspondent Wu Chengping
"I am from Guizhou in southeastern Guizhou. I have been in the company for more than 10 years. This year, I stayed in the factory for the first time for the New Year. I have never tasted Guangdong’s Tuannian potted vegetables, and today I finally got my wish. " Long Bangquan, deputy director of the workshop of Guangdong Star Refrigeration Equipment Co., Ltd. (hereinafter referred to as "Star Refrigeration"), said happily. On January 31st, New Year’s Eve, the condolence group of Foshan Federation of Trade Unions went to Guangdong Xingxing Refrigeration Equipment Co., Ltd. to carry out the warm-hearted condolence action of "Warm Workers, Happy New Year in Guangdong", and sent holiday greetings and blessings to the employees who stayed in the factory for the New Year, especially the migrant workers in southeastern Guizhou.
The leaders of the Federation of Trade Unions send new year gifts to employees.
On the same day, the organizers held fun garden parties, the experience of "Cantonese Cuisine Master", the experience of making Foshan lion’s head and auspicious ornaments for the New Year, and the calligrapher’s gift of waving spring, which added the flavor of the New Year to more than 400 employees who stayed at Star Refrigeration for the New Year. "Cantonese people can’t have a feast without chicken in the New Year, and this ginger and onion chicken must be available for the reunion dinner!" Huang Chihua, the director of the master studio of Guangdong cuisine at the provincial level from Foshan Trade Union Vocational School, and a China cooking master, taught the staff how to make the old-fashioned ginger-onion chicken in the staff canteen of Star Refrigeration Company, so that the staff could feel the taste of Cantonese cuisine from knife skills, ingredients, cooking methods to dish setting.
Calligraphers send spring activities organized by enterprises.
"Happy New Year! I wish you all a good year in Foshan! " Jiang Qing, executive vice chairman of Foshan Federation of Trade Unions, presented the New Year’s group dishes and holiday packages to the staff representatives, and extended greetings and blessings to the staff present. Hong Xiao, deputy director of the Sanshui District People’s Congress Standing Committee and chairman of the District Federation of Trade Unions, also sent a condolence package to the workers’ representatives. On behalf of the company, Wen Yang, general manager of Star Refrigeration, thanked the trade unions at all levels for their concern and sympathy. Afterwards, the people present sat around to taste the Foshan special group dish, share the group dinner and taste the Foshan flavor in the dish.
Leaders of the Federation of Trade Unions share the reunion dinner with migrant workers.
According to reports, this year, the factory has adopted various measures to encourage employees to stay in the factory for the New Year, including more than 20 migrant workers in southeastern Guizhou. In addition to providing corporate New Year gift packages for employees staying in the factory, the factory canteen provides free New Year’s Eve dinner during the Spring Festival, and at the same time, it also organizes all kinds of colorful cultural activities to make everyone have a happy, peaceful and warm Spring Festival. By the seventh day of the Lunar New Year, every front-line employee who returns to work on time will receive a 500 yuan award. In recent years, the post-holiday return rate of employees in Star Refrigeration Company has exceeded 95%.
This condolence activity made the employees of Star Refrigeration Company who stayed in the factory for the New Year feel the warmth of "home", let them truly feel the care of Foshan Party and government and the warmth of trade unions, spend a happy, peaceful, safe and healthy Spring Festival, and also personally experience the local flavor of Foshan.
The Federation of Trade Unions sends holiday greetings and blessings.
During the Spring Festival this year, Foshan City Federation of Trade Unions launched the "Warm Workers, Help Enterprises, Secure Posts" combination boxing, launched the "Warm Workers, Happy New Year in Guangdong" Spring Festival campaign in 2022, launched ten warm measures, and distributed 10 million yuan of WeChat payment red envelopes, over 100,000 tickets for Foshan attractions and over 10,000 movie tickets to trade union members in the city. The employees who have obtained them will be used in the city during the Spring Festival. According to statistics, this year, trade unions at all levels in the city presented 22,700 Chinese New Year potted vegetables, 22,600 New Year condolence packages, 164,000 scenic spots tickets and movie tickets to workers from all walks of life who stuck to their posts during the Spring Festival, especially front-line epidemic prevention workers, new employment workers, key project builders and migrant workers in enterprises.
Source | Yangcheng Evening News Yangcheng School
Editor | Huang Lei
Reporting/feedback
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How can the public prevent skiing injuries?

  Yang Wenxian of Provincial Institute of Physical Education and Sports

  In the past two years, people have been enthusiastic about skiing, but before that, skiing was still a very minority sport in China. However, nowadays, with the popularity of skiing culture, especially since the successful bid for the Winter Olympics, skiing has entered the public’s field of vision, and there are more and more snow fields in the country. Looking at all kinds of great gods galloping on the snow field on the internet, can’t you help but be eager to try? Let’s go skiing together today. The competition time of the Winter Olympics is coming to an end, and many wonderful competitions have been watched. The skiing events of the 2022 Winter Olympics include: platform skiing, freestyle skiing, alpine skiing, cross-country skiing, nordic combined and snowboarding. In order to let you watch the race better and participate in skiing, the author brings you today’s article.

  First, distinguish skiing events to help you watch the race better.

  There are many skiing events in this Winter Olympics. In order to watch the games better, let’s learn about the events first. The names of each event list can’t be clearly distinguished. Skiing events are divided into snowboarding and snowboarding in terms of the number of skateboards. The following is a detailed introduction:

  1. Double board skiing:

  (1) Ski jumping and freestyle skiing-skill events

  In order to fly farther and score higher, the skiers need to have super skills to fly farther.

  The greater the technical difficulty of freestyle skiing, the higher the score. The freestyle skiing in this Winter Olympics consists of seven events: aerial skills, snow skills, obstacle chasing, U-shaped field skills, slope obstacle skills, big platform, and aerial skills mixed groups.

  Gu Ailing’s advantage event is the skill event. She participated in three events in this Winter Olympics, namely, slope obstacle skill, U-shaped field skill and big platform jump.

  (2) Alpine skiing and cross-country skiing-speed events

  There are many flag gates on the track of alpine skiing, and athletes need to cross them.

  Cross-country skiing is like a ground marathon, which requires great endurance and physical strength.

  (3) nordic combined-Comprehensive Project

  This is a competition for men only, which lasts for 2 days. On the first day, I competed in platform skiing and on the second day, I competed in cross-country skiing.

  2. snowboarding

  Snowboarding is divided into racing category and skill category. Racing categories include: parallel slalom, obstacle chase, obstacle chase round group. Skills include: U-shaped court, obstacle breaking skills and big platform jumping.

  Second, how can the public prevent skiing injuries?

  With the east wind of Beijing Winter Olympics, this winter, the atmosphere of ice and snow is getting stronger and stronger, and more and more people are participating in this sport, and this sport has brought a lot of damage to the public. According to relevant surveys, mass skiers have more knee joint injuries, such as tearing and injury/strain of ligaments around the knee joint; In addition, there are many injuries to the head and neck, upper limbs and thumb. If you want to effectively avoid injury, you are advised to do the following:

  Step 1 wear protective gear

  Wear helmet and joint protection when skiing.

  2. Make full preparations.

  Full warm-up can make the body get high-efficiency physiological requirements and reduce the occurrence of injuries. Here are some professional skiing warm-up exercises to help you get into the state as soon as possible:

  (1) Warm-up of lower limbs

  Action 1: Lie on your back and lift your legs

  Lie on your back on the mat, first do hip extension under the condition of leg flexion and straight leg, then do adduction and abduction under the condition of leg flexion, and then do hip rotation exercises under the condition of leg flexion. Finally, under the conditions of supine and prone, the touch exercise of the opposite hand and foot was carried out. The schematic diagram is as follows:

  Action 2: Hip flexor stretching

  Stretching hip muscles can reduce hip muscle tension and increase hip flexibility. Kneel with legs apart, keep the trunk straight, slowly move the center of gravity forward, and tilt the upper body to the side of the front support leg. The schematic diagram is as follows:

  Action 3: lateral box jumping

  Practicing this movement can improve the control ability of hips and knees. Jump sideways from the box and keep your hips, knees and ankles aligned when landing. Increase the difficulty of action by swinging your arm or jumping a longer distance. The schematic diagram is as follows:

  (2) Warm up the core parts of the body

  Action 1: Static force of split leg side brace

  Practicing this movement can improve core strength and prevent injury. Elbow support, lift your body, keep it straight, raise your upper legs to the limit, lower your body to the starting position, and then do the next exercise. For 30 seconds in each group, practice 3 groups. The schematic diagram is as follows:

  Action 2: Start at both ends.

  Lie prone on the mat, lift and extend your arms and legs, tighten your shoulder blades, then put them down and repeat the exercise. The schematic diagram is as follows:

  (3) Turn to warm up

  Action 1: Kneeling and turning

  Turning exercises can help improve the flexibility of the trunk. Kneel on your knees, turn to your sides, and touch your feet on the other side with your hands. The schematic diagram is as follows:

  Action 2: Thoracic Spine Rotation

  Hands on the ground, kneeling on the mat. Keep the pelvis still, and one arm drives the upper back to rotate. When practicing, keep your eyes on your arms and swing them. For 20 seconds in each group, practice 3 groups. The schematic diagram is as follows:

  Step 3 learn to fall

  All kinds of accidents are most likely to occur in ice and snow sports. Learn how to fall safely to better protect yourself.

  Double board: When the speed can’t be controlled during sliding, if you want to avoid falling, you can first try to lean forward and make a plow brake (make the tail of the double board open in a "V" shape during sliding); If you can’t brake or if you can’t slow down, you should take the initiative to fall down: throw away the poles, hold your body with your hands, squat down and fall to one side of your body, land with your ass, and remember to forbid hand support! (Hand support can easily lead to wrist fracture)

  Veneer: when sliding on the front edge, it is easy to fall forward. At this time, you should kneel down with your legs, lower your center of gravity, and stretch your hands forward as far as possible. The whole person is kneeling on the ground and lifting the snowboard. When the rear blade slides and falls, you should cross your arms on your chest, squat down with your legs to form a ball, roll back with your back on the ground, and lift the snowboard at the same time. Also remember to ban hand support!

  4. Other precautions

  (1) Avoid skiing due to fatigue or discomfort. Skiing consumes a lot of physical energy, and it is easy to cause injuries under fatigue.

  (2) Skiing should be studied step by step, and there should be no psychology of being competitive and eager for success.

  (3) Choose a suitable ski trail, and don’t blindly climb the advanced ski trail as soon as you learn to ski.

  Third, how to choose ski equipment?

  Step 1 snowboard

  For beginners, it is most convenient to rent ski equipment directly in the ski resort. You should also know the following points when choosing ski gear:

  (1) The longer the length of the snowboard, the greater the speed, the more difficult it is to ski, and the more difficult it is to control.

  (2) For beginners, the length of skateboard should be 20-30cm less than the height. For amateurs, snowboarding is generally lower than the height, easier to operate, more flexible in steering and easier to use.

  (3) You can choose a relatively soft and elastic skateboard. The skateboard with great elasticity will not be too fast, and it is easier to control, so it is safer.

  2. Ski suit

  You should choose a ski suit with the right size, so you can move freely. First of all, choose warm, waterproof and windproof fabrics. Secondly, it is ok to wear a ski suit and a jumpsuit, but when choosing, the pants must be high-waist; Clothes and trousers with adjustable cuffs and cuffs can effectively prevent snow from entering. Finally, it is best to choose eye-catching tones that have a color difference with white to avoid collision accidents.

  It is suggested to adopt the "sandwich" dressing method: quick-drying clothes/sweat-wicking underwear+warm middle layer+windproof and waterproof/professional ski coat to achieve the effect of sweating inside, keeping warm in the middle and waterproof outside.

  Choosing professional ski shoes can effectively keep warm and prevent injuries. When choosing ski shoes, it is best to try them on the spot. The most comfortable state is to let the feet have room to move inside the boots, but the sides of the ankles should not be loose. The back of the shoes should be strong and have certain endurance; Ensure that the calf can bend forward flexibly.

  In addition, ski masks, warm hats, ski gloves, ski socks, etc. should be prepared.

  3. Accessories and protective gear

  Ski pole, the ideal length is that when a person stands upright, the arm holding ski pole can touch the ground vertically at a 90-degree angle. Ski helmets should not be too tight or too loose after wearing. It is best to rent or buy them after trying them on the spot. Ski goggles, it is recommended to choose a fully enclosed ski goggles with thicker frame and anti-fogging.

  In addition, beginners are advised to wear joint protection and anti-fall pads.

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Guangxi Branch of China Construction Bank: Finance Helps Transformation and Upgrading of Agricultural Batch Farmers’ Market

  In recent years, Guangxi Zhuang Autonomous Region Branch of China Construction Bank (hereinafter referred to as "Guangxi Branch of CCB") has built a brand of "Yunong Market", created an exclusive ecological scene to serve the agricultural market, and helped transform the traditional market and upgrade the circulation system.

  Comprehensive service to solve problems

  Dancun Market is one of the large-scale comprehensive vegetable markets in Nanning, with about 3,000 merchants and an average daily passenger flow of over 30,000. Because the market has not been upgraded for a long time, it has brought a series of problems. For this reason, Guangxi Branch of CCB quickly formulated the comprehensive service plan of "Yunong Market" exclusive to Dancun Market, solved the problem of intelligent accounting and reconciliation of market funds with innovative products of "Huishibao", and solved the financing demand of merchants with inclusive finance products such as "Merchant Cloud Loan" and "Bagui Rural Commercial Loan".

  At the same time, Guangxi Branch of CCB cooperated with market participants and local promoters to solve the problem of "running orders" in the market through WeChat appeal, and used holidays such as "May Day" and National Day to carry out activities of full reduction of merchants’ consumption, effectively offering preferential treatment to customers and stimulating the increase of the overall amount of orders received.

  "Since the cooperation with CCB, more than 1,700 booths in the agricultural trade area of our market have continued to reach full rent, the satisfaction of merchants has increased from 93.5% to 98.3%, and the average number of vehicles entering the market has increased from more than 6,500 to more than 7,300." Tamura market staff said.

  Propaganda of staff sinking in Guangxi Branch of CCB (Photo courtesy of Guangxi Branch of CCB)

  Credit flowing water unblocks and keeps smooth.

  It is understood that Yulin’s annual spice trading volume is about 800,000 tons, and the annual trading volume is about 30 billion yuan. Yulin International Spice Trading Market is an intensive, integrated and all-category typical spice trading center in China, with a large number of spice merchants, various trading categories and huge trading volume. However, with the continuous expansion of the trade scale in the spice market, the problem of working capital of market merchants has become increasingly prominent.

  Yulin Branch of China Construction Bank faced up to the merchants’ problems in the spice market, set up a professional team, linked the market managers to fully meet the financing needs of the market merchants, and used inclusive credit products such as "merchant cloud loan", "good loan" and "fast mortgage loan" to focus on supporting the wholesale merchants in the spice market and the upstream and downstream enterprises in the supply chain of backbone merchants. And with the good reputation brought by high-quality credit services, we will expand new merchants and create a virtuous circle.

  At present, CCB Yulin Branch has provided settlement and loan services for nearly 300 merchants in the spice market, with a loan amount of 270 million yuan, covering nearly 50% of the merchants.

  Financial empowerment digital transformation

  In August this year, Liuzhou Branch of China Construction Bank and Guangxi Xinliuyong Agricultural Products Wholesale Market jointly held the signing ceremony of the cooperation agreement on digital finance of agricultural products supply chain and promoting rural revitalization of "Yunong Market". Focusing on all customers and the whole chain of the market, the two sides gave full play to the advantages of CCB’s financial technology to jointly create a "digital vegetable basket" and empower the agricultural products supply chain by financial means.

  At the same time, Liuzhou Branch of China Construction Bank actively exerts the brand advantage of "Yunong Market" and provides market managers, merchants, small and micro enterprises and farmers with a package of comprehensive services covering facility agriculture project financing, inclusive finance, payment and settlement, deposit and wealth management, so that ordinary people can enjoy more benefits brought by digital transformation.

  "This cooperation with Liuzhou Branch will achieve more brilliant results in promoting rural revitalization, digital finance empowering agricultural product supply chain and brand development of’ Yunong Market’, so that the general public and merchants can enjoy more benefits brought by new financial technologies." The person in charge of the management of Xinliuyong market said.

  In the next step, Guangxi Branch of CCB will continue to focus on key agricultural markets and county-level specialized markets, and join hands with all parties to deepen the brand building of "Yunong Market" to create a new agriculture-related market with intelligent management, convenient financing and convenient transactions, and promote transformation, smooth circulation and revitalization with the help of finance. (Zhong Hongxin)

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Lu Lei, deputy governor of the central bank, attended the expert seminar on related issues in the financial field.

[Lu Lei, Vice Governor of the Central Bank, attended an expert seminar on financial issues] According to the micro-signal of the People’s Bank of China, the Financial Research Institute of the People’s Bank of China recently held an expert seminar on financial issues, attended by Lu Lei, member of the Party Committee and vice governor of the People’s Bank of China. At the seminar, Zhu Baoliang, Li Daokui, Liu Qiao, Zhang Chengsi, Zhu Ning, Wu Weixing, Wu Ge and Ding Zhijie put forward constructive opinions and suggestions on issues such as unblocking the transmission mechanism of monetary policy, strengthening the coordination between monetary policy and other policies, improving the quality and efficiency of financial services to the real economy, better guiding market expectations, and preventing and resolving financial risks. (Zhongxin Jingwei APP)

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Who is the driving force behind the speculation of Chinese herbal medicines into "financial products"

In July, the trade of Chinese herbal medicines should have entered the off-season, but this year, the price has remained high since the beginning of the year.

  In addition to the natural climate and other factors, many people in the industry pointed out that the intervention of hot money is the main reason to promote the current round of high prices of Chinese herbal medicines. Lily li, Secretary-General of Chinese Herbal Pieces Branch of Sichuan Pharmaceutical Industry Association, said that generally speaking, the price increase of Chinese herbal medicines is cyclical, and the price increase of individual varieties is more common. But this year, Ophiopogon japonicus, Codonopsis pilosula and Bulbus Fritillariae Cirrhosae, which are widely used in traditional Chinese medicine, are on the rise, and Cordyceps sinensis, which has a high unit price, has also increased by 30% compared with the same period last year. According to his rough statistics, among more than 300 commonly used varieties of Chinese herbal medicines, 200 have different increases.

  "At present, it is obvious in the market that Chinese herbal medicines are driving up prices." Liu Xu, a special researcher of Tsinghua University National Institute of Strategic Studies, told the Chengdu Business Daily-Red Star journalist that relevant departments can investigate some malicious speculation and hoarding according to the price law and anti-monopoly law.

  "I haven’t seen this kind of increase in 40 years."

  More than 200 medicinal materials have increased by more than 50%, and some drug dealers have lost money to deliver.

  Under the influence of high temperature and rain, June and July are generally regarded as the off-season of Chinese herbal medicine trading in the industry. However, this year, the prices of various Chinese herbal medicines have remained high since the beginning of the year. "Commonly used large varieties of medicinal materials are on the rise, and local angelica has risen from one kilogram in 60 yuan to one kilogram in 200 yuan; One kilogram of codonopsis pilosula in 80 yuan has now risen to 220 yuan, and Shayuanzi has increased tenfold. " An old Chinese doctor in the Southwest Chinese Medicine Clinic lamented: "It’s not normal. I have never seen this kind of increase in Chinese medicine for 40 years."

  The business of the Chinese herbal medicine market has also been affected. In Qingping Chinese herbal medicine wholesale market, the price of Angelica sinensis has risen to 300 yuan per kilogram. Mr. Li of Qingping Market Medicinal Materials Company told Chengdu Business Daily-Red Star News reporter that since the price increase, the business has also become weak. According to Mr. Li’s estimation, the wholesale volume of angelica in the store has fallen by more than half.

  From the origin and storage base of Chinese herbal medicines, to the wholesale market, and then to the whole industrial chain of Chinese herbal medicines entering hospitals and clinics, the impact of rising prices has been felt, and even some pharmaceutical companies that signed procurement contracts at the beginning of the year need to deliver at a loss. The person in charge of the pharmaceutical industry of a Chinese herbal medicine factory engaged in export business introduced that the Chinese herbal medicine factory generally measures the scale of procurement and production through customer orders. At the beginning of the year, after the factory prepared the annual consumption of about 20 tons of angelica for customers according to the practice of previous years, I didn’t expect to catch up with the price increase of angelica. Now there is still a gap of 5% to 10% of angelica in the factory. In order to deliver on time, the factory considers buying raw materials such as angelica at a high price. "A better decoction piece factory can only make a little profit, and some factories have to deliver when they lose money."

  China association of traditional chinese medicine reported in June that in Bozhou, Anguo, Yulin and other major trading markets, more than 200 conventional varieties increased by more than 50% annually, 100 conventional varieties increased by more than 100% annually, and 25 commonly used bulk medicinal materials increased by more than 200% annually. The reporter checked the Chinese herbal medicine market of Chinese herbal medicine Tiandi. com and found that the prices of common Chinese herbal medicines such as Angelica sinensis, Bupleurum, Codonopsis pilosula, Glycyrrhiza uralensis, Astragalus complanatus, Paeonia lactiflora, Atractylodes macrocephala and Forsythia were among the top gainers.

  On July 12th, lily li, Secretary-General of Chinese Herbal Pieces Branch of Sichuan Pharmaceutical Industry Association, also told reporters that generally speaking, wholesale channels (such as Chinese herbal medicine purchasing terminal and Chinese herbal pieces factory) are the first to feel the price increase of Chinese herbal medicines. "The most fierce rise is the unified angelica, which has probably increased by 260% so far."

  Who is the "initiator"

  People in the industry call the influx of hot money speculation, "like stock speculation."

  What is the reason for the price increase of Chinese herbal medicines? According to lily li, from the analysis of natural climate, reducing production is one of the reasons leading to the price increase. Affected by high temperature and other factors, the bolting rate of Angelica sinensis is high, and the leaves are long and the roots are not long, which affects the quality and yield of the effective parts of the roots. After the planting cost increases, growers switch to other Chinese herbal medicines, resulting in reduced production.

  A Chinese herbal medicine dealer in Min County, Gansu Province, the main producing area of Angelica sinensis, also told reporters that when the market was good, the yield of Angelica sinensis per mu was 400 kg/mu, compared with only a few tens of kg last year, because the bolting rate of Angelica sinensis seedlings was too high. "The cost of an acre of land has also risen from more than 2,000 to more than 10,000, and many growers don’t want to plant it."

  Lily li pointed out that in recent years, the output of Chinese herbal medicines has decreased, while the processing cost and manpower transportation cost of Chinese herbal pieces factory are increasing.

  In addition, many people in the industry pointed out that hot money is the main driver of the current round of high prices of Chinese herbal medicines. Lily li also introduced that, generally speaking, the price increase of Chinese herbal medicines is cyclical, and the price increase of individual varieties is more common. But this year, the consumption of Ophiopogon japonicus, Codonopsis pilosula, Astragalus membranaceus and Fritillaria cirrhosa is increasing, and Cordyceps sinensis, which has a high unit price, has also increased by 30% compared with the same period last year. According to rough statistics, among more than 300 commonly used varieties of Chinese herbal medicines, 200 have different increases.

  Jia Haibin, Deputy Secretary-General of the Special Committee for Breeding of Chinese Medicine Association, said in an interview that since the second half of 2020, the domestic prices of Chinese herbal medicines have started to enter a continuous rising channel, with a large increase and a long rising cycle, which is extremely rare in the history of Chinese herbal medicines with data records. Jia Haibin said that in the past three years, the prices of many varieties such as Shayuanzi, Longgu, Guanhuangbai and Ziziphus jujuba have doubled. "Whether it is the planting area or the weather, there are data to check, which are within the normal range. The price increase of Chinese herbal medicines in this round is not normal. "

  "It’s the funds that enter the market to stock up and speculate, which is as high as stock trading." A dealer who has been receiving goods in Gansu, Qinghai, Henan and other traditional Chinese medicines for many years revealed that, just like the speculation of Sanqi more than a decade ago, many capitals chose several traditional Chinese medicines with relatively concentrated production areas, such as Angelica sinensis, Codonopsis pilosula, Astragalus membranaceus, etc.: "The way of speculation is to give money without picking up the goods, but only to speculate among various frozen warehouses."

  According to the president of Yuzhou Pharmaceutical Chamber of Commerce, when he went to the country of origin to get medicine this year, he found many unfamiliar faces, many of whom were real estate bosses or coal bosses. After purchasing medicinal materials, they all hoarded them, and the lower they went, the higher they went. "In April this year, I went to Shanxi to purchase medicinal materials, and I happened to meet a coal boss who was also purchasing. He bought hundreds of tons of a variety of Bupleurum. "

  Bozhou, Anhui Province is the base with the largest storage capacity of Chinese herbal medicines in China. When the reporter randomly asked whether there were any remaining medicinal materials in several freezers in Bozhou on the grounds of wholesaler’s inventory, many cold storage staff said that there were no vacancies. "The cold storage is basically medicinal materials, and there are fewer warehouses, and the storage price has nearly doubled."

  "At present, it is obvious in the market that Chinese herbal medicines are driving up prices." After comprehensive analysis, Liu Xu thinks that apart from weather and other reasons, most of the reasons are that wholesalers are jointly hoarding — — Because the purchasing ability, storage ability and sales ability of a single wholesaler are limited, once a large wholesaler takes the lead in releasing inventory in multiple categories, the whole price can come down. However, the current situation is that Chinese herbal medicines have continued to rise and run at a high level since the beginning of the year. "Without collusion between wholesalers, it is difficult to achieve." To this end, Liu Xu has repeatedly said, "It is suggested to investigate whether there is hoarding speculation and conspiracy to price behind the rising prices of Chinese herbal medicines year after year."

  Industry moves to contain

  The Chinese Medicine Association called for the prohibition of price gouging and the launch of the "Chinese Medicine Production and Marketing Consortium Action"

  Major medical associations in China have also voiced their voices. Since June, the Professional Committee of Chinese Herbal Pieces of Jiangsu Pharmaceutical Industry Association, Guangdong Pharmaceutical Industry Association and Bozhou Chinese Herbal Pieces Industry Promotion Association have submitted the Report on Abnormal Market Price Growth of Chinese Herbal Medicines to china association of traditional chinese medicine successively, arguing that there are social hot money or dealers who jointly hoard Chinese herbal medicines, and the prices of Chinese herbal medicines have soared abnormally.

  On June 22nd, china association of traditional chinese medicine reported to state administration of traditional chinese medicine the "Investigation Report of china association of traditional chinese medicine on the Recent Abnormal Price Rise of Chinese Herbal Medicines", calling on relevant state departments to issue policies and take effective measures to maintain the market price stability of Chinese herbal medicines and ensure the healthy, orderly and high-quality development of the Chinese medicine industry.

  On July 8, china association of traditional chinese medicine once again issued a proposal to all units, saying that the market of Chinese herbal medicines has been fluctuating abnormally recently, and resolutely opposed and never participated in any improper or even illegal acts that disrupted the market order of Chinese herbal medicines, such as price gouging and manipulation, speculation and speculation.

  On July 11th, Shandong Internet Traditional Chinese Medicine (Materials) Trading Center issued the "Initiative on Promoting Direct Supply and Direct Sale of Chinese Herbal Medicines and Pieces and Curbing Unreasonable Price Increase", saying that some medicinal materials have been brought with strong financial attributes, and the healthy development of the industry has been seriously impacted. Behind this round of sustained price increase, the reasons are not only the imbalance between supply and demand of some varieties, the reduction of production due to weather, and the improvement of drug standards, but also the wanton speculation of hoarders, which further aggravates the imbalance between supply and demand. Shandong Internet Chinese Medicine (Materials) Trading Center decided to launch the "Chinese Medicine Production and Marketing Consortium Action" to ensure the direct supply of Chinese herbal medicines and pieces.

  The regulatory system of traditional Chinese medicine faces challenges

  Experts suggest public investigation.

  According to Cao Haibin, deputy secretary-general of the Special Committee of Breeding and Breeding of Chinese Medicine Association, this price increase is undoubtedly a challenge to the current Chinese medicine supervision system. The reasons for this round of soaring prices of Chinese herbal medicines are extremely complicated, and it is urgent to improve the top-level structure and reconstruct the industrial interest pattern.

  Liu Xu believes that relevant departments can investigate malicious speculation and hoarding according to the price law and anti-monopoly law. "If there is collusion, information exchange and collaboration between wholesalers of Chinese herbal medicines, it is equivalent to a monopoly agreement, and the anti-monopoly law should be applied to regulate it. If it is independent decision-making, you can also consider applying the price method. Because the price law applies to all acts of arrogance and hoarding, the two laws can be said to be complementary. "

  Liu Xu introduced that Chinese herbal medicines have not received enough attention because of their scattered origin and market and long-term free competition. However, this year’s rally has not only appeared in one area, but more than 100 kinds of Chinese herbal medicines have increased in price in Anhui, Gansu, Henan, Chongqing and even the whole country. "From the perspective of anti-monopoly law enforcement, even if one of the 100 Chinese herbal medicines is due to hoarding and price increase, it is also a punishment." Liu Xu said.

  Liu Xu pointed out that, generally speaking, the public concern or organization warning of law enforcement agencies will have a deterrent effect on all kinds of price manipulation in the market. However, in order to help the Chinese herbal medicine industry to restore normal market competition, it is necessary to open a case for investigation in a timely and decisive manner, severely punish monopolistic behavior and price violations according to law, and confiscate illegal income, so as to make an example for others. Only with stable drug prices and sufficient supply can growers, wholesalers, Chinese herbal medicine enterprises and medical enterprises in the industrial chain form reasonable expectations, and the Chinese herbal medicine industry can achieve long-term healthy development.

  A positive signal is that china association of traditional chinese medicine said recently that the Association is cooperating with the competent authorities to carry out an investigation on the price issue.