Two logic support consolidation pattern change or have a fundamental impact 宜春学院高安校区

The logic support consolidation pattern change or produce fundamental influence, Fu Ziheng Nanjing Wanlian Securities Research Institute of securities reporter Xu Weiping Zhou Xu Moderator: 8 25 April since the stock index once again into the board turnover shrinking. Institutions believe that the current Shanghai Composite Index and gem refers to the narrow fluctuations in the vicinity of the annual line, there is its inherent logic support. Under the background of shock consolidation, the two cities of Shanghai and Shenzhen are expected to be hot topics. Index board is difficult to break the Chinese Securities News: since August 25th, the Shanghai composite index again shrinking board, follow this pattern can change? What factors will induce the market to break the disc? Fu Ziheng: the recent market stalemate shows typical technical characteristics. The Shanghai Composite Index and the gem index basically fluctuate near and below the annual line. This trend has its own inherent logic support. On the one hand, due to the restriction of economic fundamentals and other factors, to expand the market trend is not consistent with the expected, multi power attack last year not done in one vigorous effort on the other hand, line; due to the current monetary liquidity is relatively loose, the market for the second half of fiscal policy overweight have certain expectations, coupled with the impact of the IPO intensive, relatively stable chips hit a new account multiple factors, stock index down space is also limited. At present, the logic of this consolidation is still in place, to break the disc is mainly the new expectations of the market for economic fundamentals and monetary and fiscal policy conversion, etc., while the external factors, namely the Fed interest rate hike and international commodity volatility, will also have a certain impact. From the macro data point of view, PMI indicators have improved, there will be several core data will be announced next week, you can pay attention to specific data confirm each other. In terms of monetary policy, the Fed’s interest rate hike is delayed, the domestic open market operation has maintained a net investment recently, and the fiscal policy has a trend of overweight. These aspects will trigger the market to break the disc in the future, need to closely track. Zhou Xu: since the British referendum in June, the global market volatility decreased significantly, that is, the global central bank continues to endorse asset prices, while asset prices rebounded, while the market is worried that the negative interest rate is unsustainable. The same is true in the domestic market. On the one hand, the "asset shortage" logic support the market, on the other hand, the valuation is expensive, the market risk appetite is difficult to significantly enhance the premise, the market valuation center is difficult to substantially enhance. At present, in the case of the first negative financial interest rate of non-financial corporate bonds issued in Europe, with the diminishing marginal utility of QE, the global central bank began to gradually explore the use of monetary policy, gradually turned to fiscal stimulus, and so did china. As a result, the market may face the marginal contraction of monetary policy, and under the stimulus of fiscal stimulus, the market interest rate will inevitably rise to some extent, which will be bad for the bond market and risk assets, will form bad. Therefore, more attention should be paid to the change of market funds interest rate, which will have a fundamental impact on the current market. Chen Jianhua: short term shrinking stock consolidation pattern is expected to continue. On the one hand, from the domestic macro environment, the central bank open market operation shows that although the possibility of monetary tightening is not large, but the probability of further easing policy is also low, especially the RRR, interest rate reduction and other guidance; 两逻辑支撑盘整格局 一变化或产生根本影响 万联证券研究所所长 傅子恒 南京证券研究所所长 周旭 主持人:本报记者徐伟平8月25日以来股指再度陷入盘局,交投不断萎缩。机构认为,当前上证综指与创业板指在年线附近窄幅波动,有其内在逻辑支撑。在以震荡整理为主的背景下,沪深两市风格预计将以热点题材炒作为主。 指数盘局难破 中国证券报:8月25日以来沪综指再次陷入缩量盘局中,后续这种格局能否出现改变?哪些因素会诱发市场打破盘局? 傅子恒:市场近期胶着呈现出很典型的技术特征,上证综指与创业板指数基本在年线附近和下方窄幅波动,这种走势有其自身内在的逻辑支撑。一方面,由于经济基本面等因素制约,向上展开趋势性行情并非一致预期,多方没有力量一鼓作气攻上年线;另一方面,由于当前货币流动性相对宽松,市场对下半年财政政策加码抱有一定预期,加之新股发行密集、打新账户筹码相对稳定等多重因素影响,股指向下空间亦不大。目前来看,这种盘整的逻辑仍在,要打破盘局主要是市场对经济基本面的新预期以及货币、财政政策强弱转换等,同时外围因素即美联储加息与国际大宗商品大幅波动,也将产生一定影响。从宏观数据来看,PMI指标有一定好转,下周有几个核心数据将陆续公布,可以关注具体数据相互印证情况。货币政策方面,美联储加息料再延后,国内公开市场操作近期保持净投放,财政政策有加码趋势。这几个方面未来都将触发市场打破盘局,需要紧密跟踪。 周旭:自6月英国脱欧公投后,全球市场波动率明显下降,即全球央行继续背书资产价格,在资产价格有所反弹的同时,市场又忧虑负利率的不可持续。国内市场同样如此。一方面,“资产荒”的逻辑支撑市场,另一方面,估值贵、市场风险偏好难以大幅提升的前提下市场估值中枢难有大幅提升。目前来看,在欧洲首次出现非金融企业发债债券出现负利率的情况下,随着QE边际效用递减,全球央行开始逐渐探讨慎用货币政策,逐渐转向财政刺激手段,中国也如此。如此一来,市场有可能面临货币政策边际收缩,而财政刺激政策发力下,市场利率不可避免会出现一定程度的提升,这对债市与风险资产而言,将形成利空。因此,目前更需关注市场资金利率的变化,这将对目前市场的盘局产生根本性影响。 陈建华:短期股指缩量整理的格局预计仍将延续。一方面,从国内宏观环境看,央行公开市场操作表明尽管货币收紧的可能性不大,但政策进一步宽松的概率同样较低,尤其是降准、降息等导向性较强的货币政策短期不会出台。在货币政策取向维持中性的情况下,资本市场将不会产生明确的方向性指引。另一方面,从外围市场看,近段时间以来受美联储主席耶伦的讲话以及美国非农就业数据不及预期影响,各方对美联储加息时间点存在较大分歧,而国内外资本市场运行也因此受到扰动。A股要打破当前盘局,需关注国内外两方面因素,管理层是否出台力度更大的稳增长政策,美联储9月议息会议等。 “成长”与题材引领市场 中国证券报:此前大盘蓝筹股表现抢眼,但近期成长股开始活跃,后续市场风格会否出现转变?成长与周期谁将引领市场? 傅子恒:蓝筹股此前只有间歇性表现,尤其是银行类指标股,基本被多方用来调控大盘。由于市场缺乏一致预期,场外资金没有大举入场,在存量资金博弈的市场格局下,蓝筹股上涨难以吸引跟风盘介入,行情持续性受到抑制。而在市场相对稳定的背景下,场内资金再度展开对成长股、题材股的短线热点追逐,这是A股长期以来的一贯特点。短线热点与活跃个股的出现使得市场保持一定的人气,成为大盘能够保持相对稳定的一个支撑因素,而大盘向上突破显然需要蓝筹股引领。下周可关注宏观经济数据,如果经济指标有相对超预期改善,周期股、蓝筹股有望有所表现。总体来看,只要存量资金博弈格局不改变,蓝筹股预计仍将是间歇性地向上扛起大旗,然后由成长、题材唱主角。 周旭:事实上,在经历年初的大跌之后,市场呈现出明显的板块轮动运行特征,尤其是6月份以来,市场轮动速度不断加快,从大盘蓝筹到中盘价值股,再到近期的成长股,市场热点的快速切换对于场内存量资金形成明显的损耗,这也使得市场的量能不断萎缩。后市来看,在上行面临较大压力的背景下,预计成长与周期都难以持续发力并引领市场,而在没有趋势性上涨机会的背景下,市场更多地将是自下而上把握主题性及价值类个股机会。因此,把握市场机会的关键不在于风格取胜,更多地是基于政策面、资金面、个股技术面以及基本面的边际变化下的个股及主题性选择。 陈建华:近期A股市场风格出现一轮较为明显的转换,背后的原因在于国内货币宽松预期降低后市场运行逻辑的调整。前期在国内债券收益率持续下行创多年新低,资金配置高息资产的需求持续增强,然而由于债券市场已处于高位,股票市场上高股息类债蓝筹成为替代选择。随后受央行重启14天逆回购影响,国内货币宽松预期显著降低,与此同时,管理层加大财政政策实施力度对市场形成提振,以PPP为代表的题材股因此得以活跃,A股风格顺利转换。后期我们认为在货币宽松预期降低,A股两市仍将以震荡整理为主的背景下,沪深市场风格预计将继续偏向热点题材,当然题材可能来自成长板块,亦可能来自周期板块。如实施积极财政政策带来的PPP题材活跃偏向成长股,而供给侧改革导致的产品涨价概念则更多的属于周期股。整体而言,后期市场风格料仍将以热点题材炒作为主。 重业绩勿追高 中国证券报:当前投资者应该如何操作?布局哪些品种? 傅子恒:当前市场盘局中,向上与向下打破盘局的趋势性力量难以准确预测,我们建议保持相对谨慎,采取防守性策略,在控制仓位的前提下谨慎参与热点的交易性机会。盘局中,更多机会在于防守反击。具体操作可以从以下两个层面进行落实,一是当大盘大幅上涨或大盘下跌时进行反向交易,二是把握个股热点,在预期大盘稳定的前提下低位守候,上涨后反向交易。具体热点展望,一是宏观指标预期向好之时重点关注周期股,二是在监管层严厉抑制虚假重组、信息造假、内幕交易的背景下,关注那些业绩真正快速扩张或具有真正重组行动的、基本面未来有改善预期的个股。 周旭:在资金面总体平稳的格局下,资金对主题性个股的关注有所提升。此外,在经过反复震荡后,近期创业板指放量站上双年线之上,此前相对滞胀的一些品种纷纷补涨。目前从主流类热点PPP类板块走势来看,其热点主线正在进一步扩散,从前期的园林类、环保类个股开始向水务类、基建类扩散,后续仍需持续关注该板块走势。主流热点能否持续,是观察市场可操作性的重要信号。 陈建华:根据当前市场特征以及后期趋势建议采取以下两方面策略。一方面,选择具备基本面支撑,同时估值合理的二线蓝筹,耐心持股;另一方面,主动出击,积极把握市场热点题材机会。具体布局品种,第一种策略更多的应自下而上精选个股,把握具备成长性兼具估值优势的二线蓝筹标的,如食品饮料、医药生物、新能源汽车等消费板块;第二种策略则亦自上而下把握热点行情的交易机会,当前重点关注PPP概念、供给侧改革、国企改革等板块,同时亦可关注重组题材个股。 银泰证券研究所策略分析师 陈建华 股市早报,投资前瞻,涨停预测,牛股捕捉,尽在微信号【凤凰证券】或者【ifengstock】  盘后剖析A股走势,指点明日走势,请关注微信号【复盘大师】或【fupan588】      相关的主题文章:

Gold on Monday fell 1.7% to close at $1210.1 an ounce 渡边夏菜

Gold on Monday fell 1.7% to close at $1210.1 an ounce U.S. stock market center: exclusive offer full industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants Stocks – 23 am Beijing time, Monday, gold futures prices fell sharply. Analysts believe that investors interested in the stock market rose and other risk assets, is the main cause of the price of gold fell for the first time in four trading days. Gold futures at the New York Mercantile Exchange in April fell $20.70, or 1.7%, to $1210.10 an ounce. Silver futures fell 18.9 cents, or 1.2%, to $15.184 an ounce in March. German commercial bank analyst said in the research report, the background of the decline in gold prices is "the beginning of this week, the market environment has increased risk appetite characteristics."". With the price of gold fell, stocks rose sharply, crude oil futures prices also rose. European stock markets are closed on Monday. On Monday, the dollar / sterling and euro exchange rate rose sharply, CMC Markets, chief market strategist Colin Shinseki (Colin Cieszynski) – Qi said: "the capital outflow of hedge investment products, including the dollar denominated gold." Another important reason for the fall in gold prices, Shinseki said, was the "normal technical pullback" after last week’s rise". Gold prices have risen by about 1.9% in the past three trading days, but declined by about 0.7% in the previous week. German commercial bank analysts pointed out that last Friday, gold ETF appeared in 2011 October after the largest single day capital inflows. As Forex and City Index two companies technical analyst wade tawfeeq Zada (Fawad method Razaqzada) said: "the overall trend is still bullish for gold, gold is still at $1190 an ounce to $1200 or more support." But not everyone is so bullish on gold prospects. On Monday, Lamoureux & Co, company president Eve – Lamuro (Yves Lamoureux) said that his marketing consulting company will have at the end of the price target from $1000 an ounce, down $850. Lamuro said that the market once a short panic, people fled the stock market, gold and other hedge investment products. But it’s not the economic downturn, it’s caused by crowd behavior, and traders are flocking to unnecessary exports." "We think people will calm down and go back to the stock market," he said." Other metals futures, March refined copper futures prices rose 3.9 cents or 1.9%, to close at $2.115 per pound. Platinum futures fell 17.80 dollars or 1.9% in April to close at $927.80 an ounce. March palladium futures prices fell 40 cents or 0.1%, to close at $498.65 an ounce. (Zhang Jun)

黄金周一收跌1.7%收报每盎司1210.1美元 美股行情中心:独家提供全美股行业板块、盘前盘后、ETF、权证实时行情   新浪美股讯 北京时间23日凌晨,周一黄金期货价格大幅收跌。分析师认为,投资者对股市与其他风险资产的兴趣大涨,是造成金价在四个交易日来首次下跌的主要原因。 金饰展览   纽约商品交易所4月交割的黄金期货价格下跌20.70美元或1.7%,收于每盎司1210.10美元。3月白银期货价格下跌18.9美分或1.2%,收于每盎司15.184美元。   德国商业银行分析师在研报中表示,金价下跌的背景是“本周初期市场环境出现了风险偏好提高的特点”。   随着金价收跌,美股大幅攀升,原油期货价格同样大涨。周一亚欧股市也都收高。   周一美元兑英镑与欧元汇率大幅攀升,CMC Markets首席市场策略师科林-契辛斯基(Colin Cieszynski)表示:“资本流出避险投资产品,其中包括以美元计价的黄金。”   契辛斯基称,黄金价格下跌的另一个重要原因是上周上涨之后的“正常的技术性回调”。过去三个交易日内黄金价格上涨约1.9%,但上周全周下跌约0.7%。   德国商业银行分析师指出,上周五黄金ETF出现了2011年10月份之后的最大单日资金流入。   兼任Forex与City Index两家公司技术分析师的法瓦德-拉扎克扎达(Fawad Razaqzada)表示:“黄金的整体趋势仍然看涨,目前金价仍然处在每盎司1190美元至1200美元支撑位以上。”   但并不是所有人都如此看好黄金前景。   周一,Lamoureux & Co公司总裁伊芙斯-拉穆罗(Yves Lamoureux)表示,他的市场咨询公司已经将年底金价目标从每盎司1000美元下调为850美元。   拉穆罗称,市场一度出现短暂的恐慌,人们纷纷逃离股市、追捧黄金等避险投资产品。但“这并不是经济不景气造成的,而是由于人群行为造成的��交易商们涌向不必要的出口。”他表示:“我们认为,人们会平静下来并重返股市。”   其他金属期货方面,3月精铜期货价格上涨3.9美分或1.9%,收于每磅2.115美元。4月铂金期货价格下跌17.80美元或1.9%,收于每盎司927.80美元。3月钯金期货价格下跌40美分或0.1%,收于每盎司498.65美元。(张俊)相关的主题文章:

In August, the venture capital stock fund positions increased by more than 40 billion yuan 枣庄学院教务处

In August, the venture capital stock fund positions increased by more than 40 billion yuan Sina App: Live on-line blogger to guide the purchase of new shares: the stock market is the most simple way to pick up the money, reporter Chen Junling, editor Chen Yu yesterday, 1-8 month insurance statistics report CIRC disclosure, with the balance of 12 trillion and 738 billion 793 million yuan of funds, an increase of 13.95% over the beginning. Among them, in August, venture capital stocks, fund positions rose 40 billion 751 million yuan, investment increased to 13.85%. Specifically, this year 1-8 month insurance funds were: bank deposits 2 trillion and 252 billion 695 million yuan, accounting for 17.68%; bonds 4 trillion and 289 billion 107 million yuan, accounting for 33.67%; stocks and securities investment funds 1 trillion and 763 billion 989 million yuan, accounting for 13.85%; other investment 4 trillion and 433 billion 2 million yuan, accounting for 34.80%. It is worth noting that, compared to 1-7 months of insurance statistics report, the insurance agency has undergone some subtle changes, bank deposits accounted for 0.35% increase in the use of funds, bonds accounted for 0.09% lower, stocks and securities investment funds accounted for up to 0.13%; other investment accounted for more than 0.3% lower. Although other investment accounts for a drop of 0.3%, but this does not hinder it still belongs to the first venture capital holdings holdings plate, is also the beginning of all types of investment has accounted the fastest rise in the plate. In the industry view, this is determined by the nature of venture capital. In this regard, the executive vice president of Taikang section Guosheng explained that the insurance company especially life insurance company, a period of low interest rates to adjust the debt structure, including the upgrading of underwriting profit, strengthen the operation ability, reduce the interest rate, enhance the ability to resist the interest rate risk, increase the long-term investment, overseas investment. In the original insurance premium income, 1-8 months original insurance premium income 2 trillion and 295 billion 894 million yuan, grow 34.68% compared to the same period. Among them, the original insurance premium income of 603 billion 48 million yuan, an increase of 8.73%; life insurance company original insurance premium income of 1 trillion and 692 billion 838 million yuan (excluding China joint holdings life insurance business), an increase of 47.20%. In the compensation and payment expenses, 1-8 months compensation and payment expenses of 690 billion 114 million yuan, an increase of 24.18%. Among them, the property insurance business reparations 293 billion 713 million yuan, an increase of 15.98%; life insurance business payment of 324 billion 272 million yuan, an increase of 31.07%; health insurance business claims and payment of 60 billion 531 million yuan, an increase of 33.07%; accident insurance business reparations 11 billion 598 million yuan, an increase of 20.90%. In addition, statistics show that the total assets of 1-8 months insurance institutions 14 trillion and 482 billion 639 million yuan, an increase of 17.18% compared with the beginning. Net assets of 1 trillion and 731 billion 232 million yuan, an increase of 7.60% compared with the beginning. Among them, the total assets of property insurance companies is 2 trillion and 212 billion 894 million yuan, an increase of 19.74% compared with the beginning of the year; the total assets of life insurance companies 119672.3

8月险资股票、基金仓位上升逾400亿元 新浪财经App:直播上线 博主一对一指导 新股申购:股市最简单捡钱方式   ⊙记者 陈俊岭 ○编辑 陈羽   昨日,保监会披露的1-8月保险统计数据报告显示,资金运用余额127387.93亿元,较年初增长13.95%。其中,8月险资股票、基金仓位上升了407.51亿元,投资占比提高至13.85%。   具体来看,今年1-8月保险资金运用情况分别为:银行存款22526.95亿元,占比17.68%;债券42891.07亿元,占比33.67%;股票和证券投资基金17639.89亿元,占比13.85%;其他投资44330.02亿元,占比34.80%。   值得注意的是,相比1-7月的保险统计数据报告,保险机构在资金运用上发生了一些微妙的变化——银行存款占比提高了0.35%,债券占比降低了0.09%,股票和证券投资基金占比提高了0.13%;其他投资占比降低了0.3%。   尽管其他投资占比略降了0.3%,但这并不妨碍它仍属险资第一大重仓持有的资产板块,也是年初至今各类投资占比中上升最快的板块。在业内人士看来,这是由险资属性所决定的。   对此,泰康人寿执行副总裁段国圣解释称,对保险公司特别是寿险公司来说,低利率时期要调整负债结构,包括提升承保的盈利,加强经营能力,降低预定利率、增强抵御利率风险能力,加大长期投资、境外投资。   在原保险保费收入方面,1-8月原保险保费收入22958.94亿元,同比增长34.68%。其中,产险公司原保险保费收入6030.48亿元,同比增长8.73%;寿险公司原保险保费收入16928.38亿元(不包括中华联合控股寿险业务),同比增长47.20%。   在赔款和给付支出方面,1-8月赔款和给付支出6901.14亿元,同比增长24.18%。其中,产险业务赔款2937.13亿元,同比增长15.98%;寿险业务给付3242.72亿元,同比增长31.07%;健康险业务赔款和给付605.31亿元,同比增长33.07%;意外险业务赔款115.98亿元,同比增长20.90%。   此外,统计数据还显示,1-8月保险机构总资产144826.39亿元,较年初增长17.18%。净资产17312.32亿元,较年初增长7.60%。   其中,产险公司总资产22128.94亿元,较年初增长19.74%;寿险公司总资产119672.35亿元,较年初增长20.49%;再保险公司总资产2779.52亿元,较年初减少46.42%;资产管理公司总资产383.84亿元,较年初增长8.92%。THE_END 进入【新浪财经股吧】讨论相关的主题文章:

The two generation of coal coal enterprises difficult to feelting time good day to turn back capacit 91hgame论坛

The two generation of coal: coal enterprises feelting time difficult to capacity good days and then hard to return the "coal two generation" feelting time Lin Feng Southern Weekend "good day coal two generation" coming to an end, but it is very difficult to leave the system. Although less than 30 years old, but seems to have experienced a difficult to turn back the times. 1 because of coal and rich because of coal, my hometown – Shanxi, Taiyuan caught up with the historical express, became the capital city developed earlier after the reform and opening up. However, our generation, though less than 30 years old, seems to have gone through an era that is difficult to turn back. This year, after the Spring Festival return home, after sixteen years, I once again met my primary school classmate qin. She was more beautiful than she was when she was a child. Two years ago, she went to the plastic hospital in Shanghai and wiped her eyelid into a double fold. She’s gaining weight, hoping to get enough fat from her butt and inject it into her chest. I attended primary school and instruments of the provincial government and the provincial government resident is only separated by a wall, when Yan Xishan’s warlord. According to the household register, the students who have been studying here are all children of the government, and the children of the government live with the elders in the West and East respectively, and the houses in the West belong to the senior cadres. In addition to the children of the government, there are also some "relatives" in the study, many of which come from coal state-owned enterprises. Qin is one of them. Remember a summer vacation to Qin a hotel we received her mother works company’s play, it is the first time I enjoy the luxury hotel Charm — the American cartoon "the lion king" series of movie playback, the swimming pool is clear, there are infinite drinks. It was 1990s, and we were still primary school students. In 2001, China joined the WTO, which opened the "golden" coal for ten years". I entered different junior high school with Qin, and my family moved from the north of Taiyuan to the new city in the south. From then on, the rich children around me grew up. They are a fashion leader, listening is the first album "the album singer Coco Lee dressed in bikinis and Jay Chou fantasy". Rich children also have a characteristic, parents are not around all the year round. Later I learned that many of their parents were private coal miners in other cities and sent their children to Taiyuan to receive better education. But the wealth of the "relationship" is not deep enough, it is difficult to send children to the government children concentrated study in North city. As a standard of coal state owned children, my primary school classmate Qin has been studying in the North District, until the entrance to the university. In 2010, after graduating from Qin University, he became one of the five largest coal groups that were later integrated into Shanxi, and fortunately stayed in Taiyuan headquarters. It’s no exaggeration to say "lucky". She’s coal group has more than a dozen city companies, employees more than one hundred thousand people, such as her coal children graduated every year countless, and Taiyuan headquarters only six hundred or seven hundred positions, to the final or by "relationship."". I’ve seen a lot of young people fighting for the civil service and the indicators of state-owned enterprises in their hometown, many of them are returnees. I can’t understand it

煤二代的逝水年华:煤企艰难去产能 好日子再难回头   “煤二代”的逝水年华   林枫 南方周末   “煤二代”的好日子到头了,但又很难离开体制。虽然还不到30岁,但好似已经经历了一个再难回头的时代。   1   因煤而富   因为煤炭,我的家乡——山西太原赶上了历史快车,成为改革开放后较早发展起来的省会城市。然而,我们这一代人,虽然还不到30岁,但好似已经历了一个再难回头的时代。   今年春节返乡,时隔十六年,我再次见到了我的小学同学琴。她比小时候更漂亮了,两年前,她去上海的整形医院,把单眼皮“抹”成了双眼皮。她正在增肥,希望到时能从屁股上抽出足够多的脂肪,再注射进胸部。   我和琴就读的小学与山西省政府只有一墙之隔,省政府驻地是当年阎锡山的督军府。按照户口划片,历来就读于此的学生都是政府子弟,政府子弟又随长辈分别居住在西院和东院,西院的房子归属高级干部。   除了政府子弟,在这里读书的还有一些“关系户”,其中不少来自煤炭国企。琴就是其中之一。   记得有一年暑假,琴把我们接到她妈妈工作的企业旗下的一家酒店玩耍,那是我第一次领略豪华酒店的魅力——美国动画片《狮子王》系列电影循环播放,游泳池清澈见底,还有喝不完的饮料。彼时还是1990年代,我们还只是小学生。   2001年,中国加入WTO,由此开启了煤炭的“黄金十年”。我和琴进入不同的初中,我家也从太原的北边搬到了南边的新城区。   从那个时候开始,我身边的有钱孩子多了起来。他们是时尚的引领者,听的是歌手李玟身着比基尼的封面专辑和周杰伦的第一张唱片《范特西》。   有钱孩子还有一个特点,父母常年不在身边。后来我才知道,他们的父母许多都是其他地市的私人煤矿主,把孩子送到太原接受更好的教育。但财富新贵们的“关系”毕竟不够深厚,很难把孩子送去政府子弟集中就读的北城区。   作为标准的煤炭国企子弟,我的小学同学琴一直顺利就读于北城区,直至考上大学。      毁人的铁饭碗   2010年,琴大学毕业后,子承母业,进入后来山西整合而成的五大煤炭集团之一,并幸运地留在了太原总部。   说“幸运”一点也不夸张。她所在的煤炭集团有十几个地市公司,员工超过十万人,像她这样的煤炭子弟每年毕业无数,而太原总部一共只有六七百个职位,拼到最后还是靠“关系”。   我看过许多年轻人为了家乡的公务员和国企指标而争破头,其中不乏海归。我无法理解一份依附于“关系”的工作有何价值,而我曾经的一个朋友则认为,“任何工作都是伺候人,不如要个铁饭碗。”   琴仍然像当年一样机敏,但她很难向我描述清楚她的岗位职责究竟是什么,“就是把地市的数据统计上来,再把领导的命令传达下去”。   她说这种工作看似轻松,其实特别伤人。好多优秀的人当初进来时都特别有干劲,有雄心壮志,但在这个大熔炉里炼一炼,消磨两年,人就基本丧失了斗志。自由散漫的状态,已是多少年形成的“文化”。因为赚钱太容易,管理极度宽松,有些人压根不来上班,吃空饷。   煤炭集团体制封闭,从澡堂、派出所到法院,应有尽有。   独特的封闭体制继而导致腐败滋生。十八大前后,山西掀起反腐风暴,山西焦煤、山煤集团、潞安集团、晋能集团、同煤集团等五家煤矿集团原任“一把手”均告落马。   在政策的驱动下,山西五大煤炭集团不断拆补、兼并,涉及的产业体量巨大,有矿产、房地产、旅游、酒店,甚至矿泉水,也因此而成为世界500强。可一旦煤炭行业下行,其他产业也不足以支撑整个集团的发展。   近些年,政府有意撮合煤矿和电力,希望他们强强联手,走出困境。但合并后的煤电集团却貌合神离,银行贷款都井水不犯河水——煤与电分别与银行缔约。      “去产能”之痛   时移势易,就在2014年和2015年两年间,国内房地产和铁路等基础设施新建项目投资增速回落,包括石油、煤炭、钢铁在内的大宗商品价格一落千丈。2015年价格的腰斩,将煤炭、钢铁两大行业推向了全行业亏损的境地。   2015年上半年,山西省煤企库存4739万吨,较年初增长35.24%,亏损40.62亿元,利润同比减少60.74亿元。   春节前夕,煤炭、钢铁行业去产能政策陆续出台。相继亏损的山西五大煤炭集团响应中央号召,开启减员分流及兼并重组,步入艰难的“去产能”过程。   从2015年开始,晋煤集团、焦煤集团、潞安集团等山西大煤炭集团已经开始实施减员分流和停薪留职等措施。   夕阳行业里,有能力的人主动离开,其余则面临被分流转岗的命运。留下的人鲜有别的选择,又很难离开体制。他们已经在这个行业忙碌了半个多世纪,而外面则是一个陌生的新世界。   据媒体报道,中国煤炭工业协会制定的职工安置方案中,费用高达2500亿元,目前500万煤炭行业员工,计划有多达百万人等待安置。   去年,琴所在的煤炭集团一、二把手都被“双规”,新的领导班子刚刚建起来,还没来得及动作。虽然下面很多地市的分公司发不出工资了,但降薪的波纹总是最晚波及太原。   一直以来,她的岗位年薪能拿到十五六万,远远高于太原这个二线城市不到5000元的月均工资。至于要削减多少,她也没底,只是反复念叨“我刚来的时候,是最好的”。   回头看,也正是自她步入煤炭行业起,山西煤价开启了断崖式下跌。从2011年5月至2015年11月,山西煤炭每吨下降了430元。如果按照全省煤炭年产量10亿吨来计算,这几年,山西的煤炭收入凭空消失了4300亿。来源:南方周末 进入【新浪财经股吧】讨论相关的主题文章:

Japan’s first annual surplus of tourism revenue and expenditure in the past 53 years 眉姐续集

Japan for the first time in 53 years to achieve the annual tourism revenue surplus of U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes stock warrants Lang Mei Beijing time 8 day Kyodo news, Japan’s Ministry of Finance published on the 8 2015 initial international payments, foreign tourists in the daily consumption minus Japanese overseas after the conclusion of "tourism consumption expenditure" presents 11217 billion yen (about 63 billion yuan) surplus. According to the natural year of the Gregorian calendar, the annual surplus has been the first since 1962. This is mainly due to the increase in the number of visitors to Japan and the booming shopping demand called "popcorn". Last year, the tourism revenue and expenditure deficit was 44 billion 100 million yen. Including tourism, the current account surplus with the overall situation of overseas transactions increased to 16 trillion and 641 billion 300 million yen, reaching 6.3 times that of the previous year. The slump in crude oil has also led to a decline in imports. Japan’s economy once earned foreign exchange through trade and overseas investment, and tourism is now expected to become a new star. The balance of payments structure has changed significantly. The current account surplus has increased for the first time in nearly 5 years, creating a new high since the East Japan earthquake in 2011. Among them, the trade deficit is 643 billion 400 million yen. Crude oil prices fell, leading to a decline in imports, the deficit narrowed by more than 90%. Foreign investment interest and dividends and other investment income of 20 trillion and 776 billion 700 million yen surplus, an increase of 14.7% over the previous year, strong performance. (finished) editor in chief: Wang Yongsheng SF153

日本53年来首次实现旅游收支年度顺差 美股行情中心:独家提供全美股行业板块、盘前盘后、ETF、权证实时行情   浪美股讯 北京时间8日 共同社报道,日本财务省8日公布的2015年国际收支初值中,外国游客在日消费减去日本人海外消费后得出的“旅游收支”呈现11,217亿日元(约合人民币630亿元)顺差。按公历自然年来看,全年实现顺差为1962年以来的首次。   这主要得益于访日游客增加以及被称为“爆买”的旺盛购物需求。上年旅游收支为逆差441亿日元。包括旅游在内,显示与海外交易总体情况的经常项目顺差大幅增加至16.6413万亿日元,达到上年的6.3倍。原油价格暴跌使得进口额下降也是一大原因。   日本经济曾经通过贸易以及海外投资赚取外汇,如今旅游有望成为一个新主角。国际收支结构出现明显变化。经常项目顺差也近5年来首次增加,创下发生东日本大地震的2011年以来的新高。其中贸易收支逆差6434亿日元。原油价格下跌导致进口额下降,逆差缩小九成以上。   海外投资所获利息及分红等投资收入出现20.7767万亿日元的顺差,比上年增长14.7%,表现强劲。(完) 责任编辑:王永生 SF153相关的主题文章: