鏌垮瓙鏄鍐鑺傞潪甯歌憲鍚嶇殑涓€绉嶆按鏋滐紝鍦ㄤ汉浠殑椋熻氨褰撲腑鏄潪甯搁噸瑕佺殑瀛樺湪锛岀墰濂朵篃鏄汉浠璋卞綋涓潪甯搁噸瑕佺殑涓€绉嶅ザ鍒跺搧锛屽挨鍏舵槸瀵瑰浜庤韩浣撳彂鑲叉湡鐨勫効绔ラ潪甯告湁鍒┿€傝€岀墰濂跺拰鏌垮瓙鍚岄浼氭湁鍓綔鐢ㄥ悧锛熶笅闈㈠氨鏉ョ湅鐪嬬墰濂跺拰鏌垮瓙鑳戒What’s the difference between the peaks and the peaks?鐗涘ザ涓嶅疁涓庡惈闉ｉ吀鐨勯鐗╁悓鍚冿紝濡傛祿鑼躲€佹熆瀛愮瓑锛岃繖浜涢鐗╂槗涓庣墰濂跺弽搴旂粨鍚堟垚涓€鏂扮殑涓嶅疁娑堝寲鐨勭墿璐紝闄嶄綆铔嬬櫧璐ㄧ殑钀ュ吇浠峰€硷紝涓斿埡婵€鑳冭偁锛屽紩璧蜂笉閫傦紝鍑虹幇鑲氬瓙鐥涖€佸憰鍚愩€佹伓蹇冪瓑鐥囩姸銆?闄ゆ涔嬪锛屾按鏋滀腑鐨勭煶姒淬€佽憽钀勩€佹瀛愩€佸北妤傘€侀潚鏋溿€佸悰杩佸瓙銆佹潕瀛愩€侀噹姊紝骞叉灉涓殑灞辨牳妗冿紝楗枡涓殑鑼跺彾锛岃敩鑿滀腑鐨勮妺瀛愩€佽妺鏉嗙瓑閮藉睘浜庨灒閰稿惈閲忛珮鐨勯鏉愩€傞ギ鐢ㄧ墰濂舵椂闇€娉ㄦ剰涓嶈娣烽銆備竴銆佹熆瀛愪笉鑳藉拰浠€涔堜竴璧峰悆 1You can’t do it, you can do it, you can do it, you can’t do it, you can do it, you can’t do it煿涓庢熆瀛愰兘灞炲瘨鎬ч鐗╋紝鏁呰€屼笉鑳藉悓椋熴€備粠鐜颁唬鍖诲鐨勮搴︽潵鐪嬶紝鍚珮铔嬬櫧This is the best way to get started. It ‘s not easy to find out how to use it if you ‘re not sure how to do it.憰鍚愩€佽吂娉荤瓑鐥囥€?2銆佹熆瀛愪笉鑳戒笌绾㈣柉銆佽彔鑿滃悓椋熴€傜孩钖槸鍚穩绮夎緝澶氱殑椋熺墿锛屽悆浜嗕互鍚庝細浣胯儍閲屼骇鐢熷ぇ閲忚儍閰革紝鑰屾熆瀛愬垯鍚湁杈冨鐨勯灒璐ㄥ拰鏋滆兌锛岃儍閰稿拰闉ｈ川銆佹灉鑳剁浉閬囷紝浼氬彂鐢熷嚌鑱氫綔鐢紝褰㈡垚闅炬憾鎬х殑纭潡–鑳冩熆鐭炽€?I am afraid that you will be able to see if you have a problem, or if you can’t read it, if you can’t read it, you can’t do it, or if you can’t read it, or if you can’t read it殑鏌胯兌浼氬拰閱嬮吀鍙嶆槧鐢熸垚鍧楃姸鐗╀綋锛岀暀瀛樺湪浜轰綋鐨勮儍涓€?
銆 愯 倝 綜 guigui pot 懭 桭 銆 慱 兎 酦 頋 鎋 氭 硶 澶 у 叏 _ 瀹 淺 父 锅 氭 硶
澶у鏄笉鏄兘鍠滄铻冭煿鐨勫懗閬擄紝涓€鍒颁簡绉嬪锛屽悇绉嶅悇鏍风殑铻冭煿閮戒細鍑虹幇浜嗭紝鎴戜滑骞虫椂鍚冭瀮锜瑰父瑙佺殑鏂规硶搴旇鏄竻钂革紝浠婂ぉ涓哄ぇ瀹朵粙缁嶄竴绉嶇嫭鐗圭殑鍋氭硶灏辨槸鑲夎煿鐓层€?涓€銆佽倝锜圭叢涓绘枡涓夊彧姊瓙锜逛竴鏂ゅぇ澶磋櫨涓€澶у彧鍦熻眴涓€澶т唤骞寸硶杈呮枡閮幙璞嗙摚閰辨枡閰掔敓鎶藉啺绯?. Donate and donate?Do you feel tired of sickle and tweezer?. Zu?Pu Luan 璣?What’s the difference between chain and screen?Donate and donate on the chain Do you hate on the chain and press on and off?Are you afraid of being sorrowful? 錞 寸 硶 鐞 栫 洊 鐒?. Sorry?浜屻€侀噾姹よ倝锜规潗鏂欒瀮锜?2鍙紝鍗楃摐 1棰楋紝鐩愩€佽儭妞掔矇 灏戣锛岃懕銆佸 灏戣锛岀背閰?This is the most important thing in the world. It ‘s a real thing. It ‘s a hot pot. It ‘s a hot pot. It ‘s a lot of money. I ‘m going to borrow it. I ‘m going to do it.?銆佽瀮锜规礂鍑€澶勭悊鍚庡垏鍧楋紝鐢ㄧ洂銆佺背閰掋€佽懕濮滈唭鍒惰皟鍛筹紱3銆佸幓闄よ懕濮滐紝铻冭煿娌惧The world is donating money to the world, and it ‘s not a good idea. It ‘s so hard to get up and down. It ‘s a big one. It ‘s a lot of money. It ‘s a lot of money. How to make up for it?銆 丞 姏 ラ 鏏 淏 樻 汻 堡 銆 丸 璯 璁 哥 洂 銆 儽 劔 厔 鎆 銆 喰 掕 皟 繟 幟 繟 6 銆 丞 姏 ヨ 瀆 逆 集 駆 鐆 駆 逆 集 鐆 鐆 駆 逆 集 駆 逆 駆 逆 集 駆 逆 駆 逆 駆 逆 逆 集 逆 集 逆 雲 駆?涓夈€佸钁辩剹鑲夎煿鏉愭枡鑲夎煿2鍙紝濮滐紝钁憋紝鏂欓厭锛岀洂锛屽懗绮惧仛娉?.鍏堝皢铻冭煿娲楀噣鑲㈣В锛屽懙鍛点€?.Bi Feng make up for it, and how about it? How do you do it? Do you think it’s a good idea?.寰呰瀮锜瑰彉绾㈠悗锛屼笅鏂欓厭銆佺洂銆侀€傞噺鐨勬按鐒栦竴涓嬶紝鐔熼€忓悗涓嬭懕銆佸懗绮捐皟鍛炽€?.棣欏柗鍠风殑濮滆懕鐒楄倝锜瑰嚭閿呬簡锛屽ぇ瀹跺皾灏濄€?
[How to make whole wheat bean paste rolls]_Home-made methods of whole wheat bean paste rolls_How to make whole wheat bean paste rolls_How to make whole wheat bean paste rolls
After a busy day at home to cook a mouth-watering meal, why not make up for yourself, slowly a sense of happiness emerges.
The practice of whole wheat bean paste bread rolls is not cumbersome. You only need to clean the ingredients and simply change the knife. It is also very important to master the heat of the dish. Turn off the heat in a few minutes.
1. Prepare the ingredients, mix high-gluten flour and whole wheat flour and weigh it. 2. Except for mashed and red bean paste, put them in a bread bucket, place the salt and sugar diagonally, place the yeast in the middle, and knead the dough for 20 minutes. 3,Cut the butter into small pieces and put them into a bread bucket. Knead the dough for 30 minutes, and then knead until the expansion stage 4. Ferment the dough directly in the bucket until the tandem is large. Knead the dough again for a few minutes to vent the dough 5 and separate the dough 6Cover with plastic wrap and relax for 20 minutes6. Fill in the red bean paste with 28 grams, 6 in total, form a round ball 7, roll the loosened dough into a cake 8, put the red bean paste 9 in the middle, close the mouth downwards, useFlatten by hand 10, roll out an oval wafer 11 with a rolling pin, cut the left half of the pancake with a knife, don’t cut through, just cut one size skin on the top 12, turn to the other side, rollWhen it is up, divide it up and down into 13 and place it all on the baking sheet. Leave a gap of 14 in the middle, ferment to a large double layer, brush with egg liquid, preheat the oven at 180 ° C, middle for 15 minutes, and take it out to air.After the cold, it is necessary to save life in a sealed life. The kitchen will be lively if the kitchen is lively.全Wheat anpan volume approach is very simple, you can do it quickly.
Mercury Home Textiles (603365) 2019 First Quarterly Report Review: Growth Meets Expectations Adjustments Significantly Improve Profitability
This report reads: The company’s online strategy has been adjusted, offline channels have been continuously optimized, and revenue is expected to continue to increase against the background of higher consumer growth and higher real-time growth rates in the real estate cycle. Maintain an overweight rating.
Investment points: Maintain Overweight rating: The company’s e-commerce business adjustment is gradually in place, and profitability is restored.
Maintain a sustainable profit forecast, with an EPS forecast of 1 in 2019-2021.
54 yuan, with reference to the industry assessment level, and considering the promotion of home textile leading sales in the post-real estate 深圳桑拿网 cycle, 18 times PE in 2019 is given with a target price of 21.
96 yuan to maintain the overweight level.
Under the influence of a high base, revenue growth has increased, and online channel growth has increased revenue in 2019Q16.
10,000 yuan (+0 compared to the same period last year).
75%); net profit attributable to mother 0.
7.6 billion (+4 year-on-year.
22%), at least the growth rate of income and profit has improved, but under the condition of a high base in the same period last year, it has continued to grow.
With business adjustment and upgrading, profitability improved, Q1 gross profit margin was 37.
36%, rising by 0 every year.
94 points, a month-on-month improvement of 1.
After the company replaced the new spokesperson, Q1 increased its promotion and expansion, which resulted in an 上海夜网论坛 increase in sales expense ratio3.
70pct to 18.
Q1 received 17.04 million yuan from government subsidies, which increased the company’s profit.
Channel-end online and online reform and reform, the product side continues to promote the ultimate big single product strategy: offline channels mainly use the franchise mode to promote channel sinking, and open large stores to enhance the brand image.
Multi-channel development of online channels and adjustment of product traffic tilt strategies are expected to gradually resume Q2 growth.
Product-side companies continued to promote large single product and core product strategies, and competition continued to strengthen.
Along with the recovery in consumption and the relatively high growth rate of the real estate post-cycle, the company’s future revenue growth is expected: the national terminal retail data has improved month-on-month since March, the real estate industry chain related improvement in the consumption structure is the most significant, and the home textile sub-sector has benefited.
The company is a leader in online and offline home textiles. Through online strategy adjustments, offline channels are continuously optimized, and growth is expected in 2019.
Risk warning: Online business adjustments are less than expected, and store expansion in third and fourth tier cities is less than expected.
For the first time, “rate cuts” again cut 10 BP cuts, there is still room for interest rate cuts
China and the United States released important indicators, how to look at the market outlook?
Please pay attention to the “Weekly Market Insights” of Sina Finance University every Sunday morning. Jiang Xianwei, chief market strategist at Shanghai Investment Bank, will take you to take a look at the investment opportunities of the week.
Original title: Heavy!
Breakthrough again “cut interest rates” and cut 10 BP!
A shares have been helped again, the GEM rose 3%, a three-year high!
Reduction in standards and the remaining space for interest rate cuts: The securities firm China has more “blessings”
that provide redundant liquidity in time after the holiday, and “interest rate cuts” have come on schedule again.
On February 17, news was gradually released saying that the 200 billion one-year medium-term loan facility (MLF) operation was carried out that day, and the bid interest rate was 3.
15%, a decrease of 10bp compared to the earlier period; launched a 7-day reverse repurchase of 1,000 trillion, and won the bid interest rate of 2.
Today, there is a 1 trillion reverse repurchase expiry, no MLF expires, and a total of 700 billion yuan in net liquidity was achieved.
Today ‘s open market operations have the following characteristics: 1. After 10bps of “reduction in interest rates” in the recent repurchase, MLF “reduced interest rates” by the same amount as scheduled.
2. In view of the 1 trillion reverse repurchase expiry today, the operation scale of 2000MLF is not high, which also reflects the impact of factors such as expected pressure and the full resumption of work, and the alternative monetary policy has maintained a sound tone to replace changes.
3. Within three years, it has begun to form a normal MLF operation in the middle of each month, which not only puts ample liquidity into the market, but also provides price guidance for the 20-day LPR monthly quote. It is estimated that the loan market quoted interest rate (LPR) on the 20th of this month) Will also be reduced accordingly, which will promote further downward interest rates on loans.
4. From the beginning of the year to the present, 200 billion yuan of medium- and long-term MLFs have been put in place, and short-term reverse repurchases have been adopted, which reflects the characteristics of the long-term shift in liquidity arrangements.
Some analysts believe that this may declare the end of the “care” for the financial market liquidity two weeks before the market opens, and the idea of monetary policy has shifted from short-term stability to recovery of the economy in the medium and long term. The amount of reverse repurchase may help shrink, butMedium and long-term liquidity will gradually increase.
Affected by the “interest rate cut”, today’s major stock indexes across the two cities became popular after the opening of the A-share market.
In the end, the brokerage firm China issued a statement that the Shanghai index rose more than 1%, the Shenzhen index rose nearly 2%, and the GEM rose more than 3%, a three-year high.
For Hong Kong stocks, the Hang Seng Index opened lower and higher, and the press release was terminated with an increase of more than 0.
7%, back above 28,000 points.
Net return of 700 billion yuan does not change. The market has ample liquidity. After a new MLF becomes a normal operation in the middle of each month, with the “notice” that the reverse reverse repurchase rate was rarely lowered earlier, today the MLF “rate cut” is fully expected in the market.In.
On February 3, implement 1 ahead of time.
The 2 trillion-day reverse repurchase operation has periods of 7 days and 14 days, respectively, and interest rates have been reduced by 10bp.
Reverse repurchase rates have been reduced by a small margin. Usually, changes in MLF interest rates drive changes in reverse repurchase rates. The actual reduction is because the epidemic has caused some panic in financial market sentiment. In order to stabilize market expectations, the market will be gradually opened after the holiday.Provided huge short-term liquidity on the first day and pushed down the reverse repo rate.
Therefore, after the previous reverse repurchase rate has been reduced by 10bp, it is reasonable that the MLF bidding interest rate is also reduced by 10bp today.
Since the market opened after the holidays, in order to stabilize market confidence, redundant short-term liquidity has been provided in advance in a timely manner, and the market capital price has been kept at a low level.
At least, even though the total liquidity today is a net withdrawal of 700 billion yuan, the overall liquidity of the market is still very abundant, the capital price continues to fall, and Shibor has replaced 1 overnight.
256% is the lowest point in the past month. Shibor interest rates of other varieties usually continue to fall.
Founder Securities (right protection) chief economist Color said that only 200 billion MLF was implemented today, the scale is slightly lower than market expectations, this aspect reflects the counter-cyclical adjustment of the macroeconomic impact of monetary policy on the impact of the epidemic; instead,It also shows that the balance of monetary policy adjustments and counter-cyclical adjustments is maintained in a continuous balance.
”In January, the sharp change rose, and the potential potential in February may remain high, or may increase further. Therefore, this time the operation of the MLF is considered to be more modest and has no strong stimulus.
“Said the color.
At the same time, Hue believes that the recent changes in the stock market, the market liquidity is very abundant, and the market confidence has changed; gradually, due to the gradual gradual resumption of business, it is expected to resume work in a large area in three months, the current corporate credit demand is limited, so graduallyMonetary policy operations will also maintain a certain rhythm, rather than lightening a hand-held card.
Monetary policy is being fine-tuned. From the short-term stability to the mid-to-long-term economic recovery, a new round of LPR quotation results is about to be released on February 20. There are early reverse repurchase rates, and MLF rates have been reduced by “leaders.” This month’s LPR reduction is almost a steel plate nail.Nail matters, too many analysts expect that the 1-year and 5-year or more LPR will be reduced by 10bp, reaching 4 respectively.
05% and 4.
7% has gradually improved through the epidemic prevention and control indicators, the stock market has stabilized, and companies have resumed work. These favorable factors will also promote the timely adjustment and fine-tuning of monetary policy operations.
From the two weeks before the opening of the market after the holiday, the focus of the monetary policy operation at that time was mainly in two aspects: one is to maintain short-term liquidity overlapping supply and stabilize the financial market confidence; the other is to accurately drip irrigation through special reloans and other methodsTo support epidemic prevention and control.
However, considering that supporting the resumption of production and restoration of enterprises and the restoration of the macro economy are also the top priorities of macro policies in the future, some analysts expect that monetary policy may also shorten the short-term liquidity replenishment and support the long-term credit demand.
Zhang Xu, chief fixed income analyst of China Everbright Securities, told a Chinese reporter at the securities firm that, in fact, when the liquidity was launched at the beginning of the month, the transfer was prominent in the “reasonable and abundant liquidity of the banking system during the special period of epidemic prevention and control.”
Obviously, the long-term current “care” of capital interest rate is not mainly due to the distortion of the macro economy.
The impact of the epidemic on the economy is temporary. China’s economy has been improving for a long time, and the fundamentals of growth have not changed.
Therefore, after two weeks of liquidity “care”, it is the general trend to gradually guide the return of the interest rate of funds through the shrinking of the open market.
Hue also believes that the idea of monetary policy is shifting from short-term stability to recovery of the economy in the medium and long term, which means that the amount of reverse repurchase may help shrink, but liquidity in the medium and long term will gradually increase.
The color indicates that in the face of the short-term impact of the epidemic on the economy and markets, the main long-term hedging methods are targeted monetary policies and reverse repurchases.
In particular, since the outbreak, a huge amount of reverse repurchase operations have been gradually carried out to provide sufficient liquidity to the market and stabilize market expectations.
However, with the improvement of the epidemic situation, the demand for resumption of production and resumption of production by enterprises has increased, and the thinking of monetary policy operations will shift from short-term reverse repo operations to MLF and LPR operations, accompanied by targeted reductions.
The purpose is to support the medium and long-term credit needs of enterprises, not to maintain stability in the short term.
”The impact of the epidemic on the economy is short-term, and the macroeconomic probability is likely to return to normal at the end of March, without affecting economic growth in the second quarter.
However, the specific economic impact of the epidemic on each region is different. Therefore, monetary policy thinking should be oriented, accurate liquidity placement and interest rate concessions. Special refinancing is an example.
Weighing in color, it is expected that the future monetary and monetary policy will remain timely and appropriate as it is supplemented in the long term, and the focus of subsequent monetary policy will be to accurately support the economy of the affected areas and small and micro private enterprises affected by the epidemic through structural monetary policies.
It is expected that a new round of directional reduction will be made at the end of February.
Wen Bin, the chief macroeconomics expert of Minsheng Bank, believes that in the next stage, monetary policy will remain flexible and appropriate, increase counter-cyclical conversion efforts, shift the decline through rising ranges, reduce the RRR and interest rate, and maintain reasonable and adequate liquidity.Under the circumstances, the monetary policy 杭州桑拿 sanctions mechanism will be further smoothed to effectively reduce the financing cost of the real economy.
Northbound funds netted 100 billion yuan in the first half of the year: food and beverage holdings topped at the end of June
Original title: Net inflow of northbound funds in the first half of the year was nearly 100 billion yuan: At the end of June, the size of food and beverage holdings was the largest. After missing the large price increase on July 1, Northbound funds slightly flowed into the A-share market on July 2.
On July 2, the A-share market showed a trend of shrinking in a narrow range and ending the closing. The Shanghai Composite Index fell 0.
03% at 3043.
94 points; SZSE Component Index rose 0.
16% to 9545.
52 points; GEM Index rose 0.
15% to 1570.
The total net inflow of northbound funds throughout the day11.
2.2 billion US dollars, Shanghai Stock Connect, Shenzhen Stock Connect is showing differentiation, of which, Shanghai Stock Connect has replaced 5 net.
With a net inflow of RMB 0.6 billion, the Shenzhen Stock Exchange had a net inflow of 16.
Since 2019, northbound funds have gradually net inflows to 974.
900 million yuan.
Just in the past June, the accumulated net inflow of northbound funds reached US $ 42.6 billion, ending the two consecutive months of net turnover, and hitting a new high since February 2019, with a gradual net inflow of 963 in the first half.
700 million, of which in January and February net inflows exceeded 60 billion.
In addition, according to the research report of GF Securities, the top five industries of Northbound Capital holdings at the end of June were food and beverage, non-bank finance, household appliances, banking and medical biology.
However, in 2018, Northbound funds made a net purchase of 2,942 trillion A shares, a net purchase of 1,601 trillion in the first half, and a net purchase of 1,341 trillion in the second half.
Compared with this data, the net purchase amount of northbound funds in the first half of 2019 has continued to decline.
Looking at the flow of northbound funds, according to the research report of GF Securities, the top five industries held by northbound funds at the end of June were food and beverage, non-bank finance, household appliances, banking and medical biology.
The first five of the industry in June were basically the same as in May, but non-banks rose one place beyond home appliances.
The scale of food and beverage holdings still ranks first in various industries, with a distribution ratio of 20.
78%, about 0 at the end of May.
At the end of June, the industries with the most influence from the northbound capital industry were home appliances, food and beverages, leisure services, building materials and delivery, which were completely consistent with May.
Among them, the share of Northbound funds in the home appliance industry accounted for about 15% of the free market capitalization.
From the perspective of the individual stock flow on July 2, among the top ten active stocks in Shanghai and Shenzhen, Guizhou Moutai (600519) has the largest trading volume and 23 transactions throughout the day.
4.4 billion, buying 9.
8.6 billion yuan, sold 13.
5.8 billion, net worth 3.
The stock closed at 1025 yuan, down slightly.
It can be clearly seen that a number of foreign white horse stocks had a net cause on July 2.
Ping An of China (601318), Wuliangye (000858), and Shanghai Airport (600009) had the highest net sales, respectively, at 6.
2.3 billion, 5.
6.7 billion, 4.
9.8 billion yuan.
China’s Ping An’s net allowance became the largest net replacement since April 30.
No net inflow of more than 1 in 100 million appeared under the Shanghai Stock Connect Statistics. The stocks with the highest net purchases entered the Shenzhen Stock Connect Statistics, including Ping An Bank (000001), ZTE (000063), and Xinwei Communications.(300136)) and so on, and the net inflow is 3 respectively.
1.1 billion, 2.
4.4 billion yuan, 1.
9.8 billion yuan.
According to the statistics of China Merchants Securities, the top ten active individual stocks in Shanghai and Shenzhen stock exchanges. According to statistics from China Merchants Securities, in June 2019, the highest net purchases of individual stocks by Shanghai and Shenzhen Stock Exchange included Guizhou Maotai and Ping An of China.Shanghai Airport, Midea Group (000333).
Guizhou Maotai and Wuliangye bought net 25 respectively.
8.8 billion and 14.
800 million, the liquor leader again favored.
Ping An ‘s net purchase size is second only to Guizhou Moutai at 24.
In addition, among the top 20 stocks in the net purchase, there are multiple bank shares.
However, under the proportion, China Merchants Bank was sold by northbound funds due to market news, and its cumulative net sales in a single month exceeded 苏州桑拿网 900 million yuan.
The largest net sale was Shanghai Airport, with a net sale of 1.2 billion; followed by Midea Group, with a net sale of 10.
600 million U.S. dollars, Northbound funds’ holdings of Midea Group continued to contract before mid-June, with a certain increase in holdings from the second half.
China Life Insurance (601628) Tracking Briefing: Income inflection point reflects a significant increase in investment income
Annual premiums in January 2019 increased by 24% and premium inflection points increased. China Life achieved a premium income of 157.8 billion in January (Ping An Life Insurance 1,212 Mg / CPIC Life Insurance 516 Mg / Xinhua Insurance 武汉夜网论坛 199 Mg).It was flat in January 2017 (161.2 billion), with an annual increase of 24.
4% (Ping An Life Insurance +5.
2% / CPIC Life Insurance +2.
9% / Xinhua Insurance +6.
The company’s premium income for the same period of 2018 decreased by 21 each year.
3%, the annual premium income in 2018 increased by 4%.
The company’s premium income in January has increased significantly each year, and we believe that the inflection point of the company’s insurance income is apparent.
The transformation and development have achieved significant results. Since the new chairman took office, the company has implemented sales transformation and focused on individual insurance channels.
As of the end of September 2018, the company’s individual insurance agents reached 145.
50,000, an increase of 1 from the end of June.
40,000 people, the number of individual insurance agents stabilized and rebounded.
With the continuous advancement of sales channels for various types of insurance, the proportion of premiums paid by the company in the future has increased, and the premium structure has become healthier.
The company implemented “insurance surname insurance” and shifted its product structure to a safeguard type, which helped to increase the value of new business.
Benefiting from the market rally, equity investment income has increased. Since 2019, the A-share market has performed strongly (March 8, the Shanghai Composite Index / Shenzhen Component Index respectively + 19% / + 29%), and equity investment returnsSignificant improvement, contributing to the elasticity of investment returns of insurance companies.
In the first three quarters of 2018, the company’s total investment income investment3.
As the performance of the A-share market picks up, the return on equity investment increases, which will help boost the total return on investment in 2019.
Covered “Buy” rating for the first time with a target price of 35.
56 yuan We believe that benefiting from the increase in equity investment returns in 2019, constructive progress in multiple insurance channels, and growth in premium income, the company’s performance is expected to usher in an inflection point.
We estimate that the company’s revenue from 2018 to 2020 will be 6,422, 7,381, and 812.7 billion, respectively, and its net profit will be 13.5, 18.11, and 19.5 billion.
The company is currently evaluating 2019 PEV 0.
9x, historically low.
In our opinion, the transformation of the company continued to advance, the business structure improved, the performance ushered in an inflection point, and the company expected to improve.
Give the company 1.
1x 2019 PEV, corresponding to a target price of 35.
56 yuan, the first coverage given a “buy” rating.
Risk Tips: Macroeconomic Risks; Market Fluctuations; Policy Adjustment Risks
There are four major harms to eating too much vegetables
Vegetables are rich in vitamins, minerals, and dietary fiber.
Eating the right amount of vegetables can promote peristalsis in the body, promote defecation, provide micronutrients required by the body, exert antioxidant effects and ensure the normal function of human organs, but too many vegetables will have the following harm: some vegetables contain extreme oxalic acidEasy to form stones Spinach, celery, tomatoes, etc. contain too much oxalic acid. When combined with calcium in other foods, calcium oxalate stones are easily formed. This is one of the reasons that many women who like to eat vegetarians are susceptible to stone disease.
Prone to aggravate stone disease Most vegetables are alkaline foods. For patients who have been doped with calcium phosphate stones, eating a large amount of alkaline foods daily can increase the stones and is not easy to excrete.
Difficult to digest vegetables with high crude fiber content, such as celery, spring bamboo shoots, etc., it is difficult to digest after eating a large amount, and patients with digestive diseases should not eat more.
Crude fiber can also easily cause gastric bleeding or esophageal varices bleeding in patients with liver cirrhosis, and aggravate the condition.
Affects calcium and zinc absorption. Pregnant women, children and adolescents during growth and development. A large intake of vegetables will prevent calcium and zinc absorption in the body and affect children’s intellectual development and bone growth.
Four medicated diets for easily treating spring colds
People who are busy in the New Year often work overtime. Irregular work schedules can easily cause flu. What should I do if I get a cold in the cold winter?
The cold is divided into wind, cold and cold, and different cold treatment methods are different. Here are some food and cold treatment methods for the cold and cold.
First, perilla peppermint porridge 6 grams of perilla, mint 4.
5 grams, 6 grams of ginger, 70 grams of previous rice.
Wash and chop perilla and mint, and boil it with ginger for a while, then take it while hot.
This side has the functions of scattered wind and cold, adjusting the health, and warming the stomach.
Second, flour pink sugar porridge wheat flour, water, warm until porridge is cooked.
5 slices of ginger, 2 scallions onion, crushed into puree, brown sugar in moderation.
Add ginger, scallion, and brown sugar to the boiling hot porridge. Take the heat and add the sweat.
This side is especially suitable for those with deficiency of spleen and stomach and feeling cold.
Third, Xinyi flower tea Xinyi flower 2 grams, Su Ye 6 grams.
In the spring, unopened Xinyi flower buds are collected and dried to half dry, piled up and dried after the internal heat, chopped perilla leaves, and soaked in white water to replace the tea.
1 dose daily.
This medicinal tea has the effects of removing wind and dispersing cold, and being good at easing the lungs, and is suitable for aversion to fever, cough and nasal congestion.
Four or three white porridge, white radish, 100 grams, white radish root, 60 grams, and even beard onion, 20 grams.
Wash them all in the soil, pound them like mud, add brown sugar, flour, cold water, heat and boil.
This porridge has the effect of declaring the lungs and can be used for adjuvant treatment.
Understanding safety education to keep children away from harm
“Safety education must not only prevent children from being harmed by themselves, but also teach them not to harm others.
“The only hundred-day-old baby girl who came to the world was unfortunately smashed into the arms of her mother by a brick that fell from the sky. The perpetrator was a 12-year-old boy who threw the brick in his hand when he and his brother fought each other .… This is a tragedy that happened in Guangzhou a few days ago. Both the perpetrator and the victim’s family suffered great blows. The safety of the child once again caused parents’ alarm.
Phenomenon: passive avoidance, more active education, less “Hao Hao, don’t move scissors, it’s dangerous.
“Seeing that the three-year-old son was removing the scissors from the insertion, Ms. Hao Hao hurried over to seize the” dangerous goods “and put it on the high cabinet to prevent her son from getting it again.
However, Hao Hao was always curious. Finally, one day, while his mother was not home, he moved to the stool and tried to climb up to pick up the “bright thing”. As a result, the stool was crooked and Hao Hao fell . In life, parentsThe care of children is meticulous. To prevent children from being harmed, they often take many protective measures. However, children’s curiosity and desire to grow drive them to constantly explore the world around them. Therefore, an absolutely safe environment does not exist.Of course, if we just take passive measures and avoid them blindly, it will only make people feel defenseless.
Some parents even do what they should have done for their children, strictly restricting their children’s various activities, depriving them of opportunities to improve their ability to protect themselves through practical exercises, but many accidents should have occurred.
In fact, in the process of child growth, the best way is to actively teach the child knowledge and methods to avoid harm, enhance the child’s self-protection ability, and give the child real safety.
In the above case, if the parents do not simply prevent or take the initiative to take the children’s special scissors and teach them how to use them, it will satisfy the child’s curiosity and prevent accidents.
Parents’ experience: Safety education has been more than four years old for his son Feifei. We have been instilling safety knowledge in him since he was a little sensible.
When he was a kid, he liked to eat and play, and laughed aloud. I seriously warned him not to laugh while eating; when he would climb up, he could eliminate him from climbing the windowsill and tell him that some children had an accident and let himKnowing this is dangerous; when he was two years old, he was asked to remember his parents’ names and home phone and address; when he was in the elevator, he was asked to press the number keys himself, and taught him how to find an alarm bell and ask for help, and so on.
Our safety education was effective. During a shopping trip, Feifei successfully escaped from danger and returned to us. However, I still feel scared when I think about it.
It was a Sunday. There were a lot of people in the mall. I do n’t know when Feifei who was behind me disappeared. As I was looking around like crazy, Feifei heard from the mall radio. He was waiting for me in the broadcast room.
It turned out that Feifei accidentally lost me when I picked my clothes.
However, he was not afraid, and even calmly found the uncle in the mall, begging him to help him find his mother.
We usually tell him that in case of danger outside, find someone in uniform, this time it really works.
Safety education must be carried out from a young age. I will not regret it until the child has a problem. I also remind parents that when they go out with their children, they must be in your field of vision and never let their children follow.