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Auto & Motor

Honeywell, joint technology intends to merge Boeing Airbus has not nodded – Sohu Finance 酥胸斜抱天边月

Honeywell, joint technology intends to merge Boeing Airbus has not nodded – Sohu finance reporter Xiao Xia, Shanghai reported that the large mergers and acquisitions of aviation industry may just begin. This week, Honeywell (Honeywell, code HON) and CTX Technologies (United Corporaiton) are discussing merger news that has attracted widespread attention. If the two sides merge successfully, it will create an annual revenue of nearly one hundred billion dollars, the market capitalization of more than 150 billion U.S. dollars of industrial giants. Honeywell is a company involved in aerospace products, commercial construction equipment, industrial control technology and materials industry multinational group, joint technology production engine and other aviation equipment manufacturing, lift helicopters, air conditioning and other products, is owned by Otis Elevator, Pratt & Whitney engine and other important industries. It can be seen that there is a big intersection between the two in aerospace and construction equipment. Both companies have participated in the development of China made large aircraft, and also cooperated with AVIC’s companies on different projects. The American media first exposed the news on 22. But the joint technology issued a statement on February 23rd local time, although acknowledged that the two sides had preliminary discussions, but said that because of the obvious review obstacles, mergers can not happen. Honeywell then issued a statement a day later, but gave a different statement. This shows a clear divergence between the two sides about the merger. But in addition to the Ministry of supervision, the merger is likely to face opposition from Boeing, Airbus, the two largest aircraft manufacturer, because it will weaken the bargaining power of the latter two. After the merger of Honeywell more actively, the share prices of both listed companies have risen significantly. Among them, Honeywell has created at least nearly five years of the highest price point. However, before the talks, the two sides gave different opinions. The joint rate declared that due to the appraisal factors to consider antitrust review, strong customer objections and transaction value, in the preliminary study and no further progress. Joint technology, CEO, and even direct presentation, the merger can not be achieved. According to some reports, the joint technology has interrupted the merger negotiations. The two companies have obvious business connections in the aerospace sector and the construction equipment, and the merger may indeed have a greater say in the two major industries. However, Honeywell 24 China issued a statement on economic reports in twenty-first Century, said that although the government will need to face scrutiny, but Honeywell believes that it will not face substantial obstacles. Honeywell also gave the opposite argument for other objections to the merger. The joint technology says that a large part of the business may be broken through antitrust review, and that the review process will hurt the interests of shareholders. While Honeywell said that the financial data will be the best in the current cross industry group, the technical products will be more competitive customers, both in the short term and long term will produce more value, the company’s investment rating will be more robust. Honeywell also stressed that it seeks to maximize the interests of the shareholders of the transaction. Summer can be seen

霍尼韦尔、联合技术拟合并 波音空客尚未点头-搜狐财经   本报记者 肖夏 上海报道  航空业的大型并购可能才刚刚开始。  本周,霍尼韦尔(Honeywell,代码HON)和联合技术(United Technologies Corporaiton,代码CTX)正在商讨合并的消息引起广泛关注。如果双方合并成功,将造就一个年营收近千亿美元、市值超过1500亿美元的产业巨头。  霍尼韦尔是一家涉及航空航天产品、商用建筑设备、工业控制技术以及材料产业的跨国集团,联合技术则生产发动机等航空设备系统生产、直升机、电梯空调等产品,旗下有奥的斯电梯、普惠发动机等重要产业。可以看出,两家在航空航天和建筑设备存在很大的交集。两家公司都参与了中国国产大飞机的研制,也与中航工业旗下公司就不同项目展开了合作。  美国媒体于22日最早曝出这一消息。但联合技术于当地时间2月23日发表声明,虽然承认双方进行过初步商讨,但却表示因为面临明显的审查阻碍,合并不可能发生。霍尼韦尔随后一天发表的声明却给出不一样的说法。  这显示出双方对于合并存在明显分歧。不过除了监管部门外,这一合并很可能还会遭遇两大飞机制造商波音空客的反对,因为这将削弱后两者的议价权。  霍尼韦尔更主动  合并消息出来后,两家上市公司的股价都有明显上涨。其中霍尼韦尔创造了至少近五年来的股价最高点。  不过就此前商谈的结果,双方却给出了不同的说法。联合技术率先声明称,由于合要考虑反垄断机构审查、强烈的客户反对以及交易价值评估三方面因素,在初步探讨后并没有进一步的进展。联合技术CEO甚至直接出面表示,合并根本不可能实现。一些报道据此认为,联合技术方面已经中断了合并谈判。  两家企业在航空航天部门和建筑设备有明显的业务交集,合并后确实可能会在两大产业占有更大的话语权。不过霍尼韦尔中国24日发给21世纪经济报道的声明表示,尽管会需要面临政府审查,但霍尼韦尔方面认为并不会面临实质性阻碍。  霍尼韦尔对其他反对合并的理由也给出了相反说法。联合技术称,要通过反垄断审查可能会有很大一部分业务面临分拆,审查过程将会伤害股东利益。  而霍尼韦尔则表示,双方合并后的财务数据将是在当前跨产业集团中最好的,客户提供技术产品会更有竞争力,无论短期还是长期来看都将产生更多价值,公司的投资评级也会更稳健。霍尼韦尔还强调,其寻求的肯定是对股东利益最大化的交易。  可以看出,对于这次合并,霍尼韦尔方面有更强烈的意愿,但双方可能对于合并条件还未谈拢。  这背后一部分原因在于霍尼韦尔目前在业绩和股市等方面表现都好过联合技术,管理层有更大的主动权。  在业绩面上,霍尼韦尔连续六年创造两位数的盈利增长,去年全年盈利率、每股收益和现金流都有增长,每股收益增长了13%,而联合技术去年营收虽然更多但旗下普惠发动机等航空业务形势相对较差,此前更是采用剥离西科斯基直升机公司资产等方式来提振业绩。  而从股价上看,过去一年来联合技术跌去了三分之一,而霍尼韦尔稳定在100美元 股左右,并且过去几年来一直保持了增长势头。这将有利于争取中小股东的支持。  事实上,双方在考虑合并这件事本身已经出乎了外界预料。最早曝出合并消息的MSNBC就认为,霍尼韦尔和联合技术商谈合并可能预示着会有更多制造业巨头展开类似的谈判。  波音空客或反对  大型企业兼并重组正在各个行业上演,这在航空业可能才刚刚开始。  由于多个经济体增速放缓,加上美元升值带来的不利影响,霍尼韦尔和联合技术两家企业的营收都有所下滑。霍尼韦尔去年营收386亿美元,下滑4%,联合技术去年营收为561亿美元,下滑3%。如果完全合并,新公司的年营收将超过900亿美元。  但即使合并成行,仍然会需要进行一定的分拆。霍尼韦尔预计这部分需要面临审查的业务可能会价值40亿美元,但最终分拆的业务不会超过联合技术年营收的4%,也就是20亿美元左右。  不过即使能够争取到股东支持并通过反垄断审查,这笔交易仍然还有一个重要的障碍――波音空客两大飞机制造商。  按照道琼斯的说法,作为两家整机制造商的一级供应商,联合技术每年有100亿美元的年收入来自于波音空客,其中普惠发动机业务有40%的营收来自空客。而对霍尼韦尔来说,波音空客庞巴迪等同样是其重要客户。  在声明中,联合技术就担心会面临客户的强烈反对。因为一旦合并,波音空客面临的供应商选择将会减少,这将影响两家的议价权,可能会抬高成本。  由于美元强势,波音和空客在新兴市场面临订单减少或推迟的隐患,不得不着手压缩成本。这些措施包括部分裁员,以及压缩供应商的成本(包括更换更便宜的供应商或者压低现有供应商的报价)。  不过截至北京时间24日发稿,两大制造商并没有就霍尼韦尔和联合技术可能合并发表看法。  作者:肖夏相关的主题文章:

The key link of opening up in Gansu to promote the development of service oriented manufacturing ind 四仔论坛

In the "open" the key link to promote the service industry development – Beijing, Beijing, 10 10, (Yang Na) to promote the manufacturing industry shift from production to service type, provincial industry and Information Technology Commission recently developed a "Chinese manufacturing 2025 in service oriented manufacturing special action plan", will break the key link to promote the service oriented manufacturing industry development. In order to adapt to the economic new normal requirements, Gansu accelerate service-oriented manufacturing and industrial raw materials, non-ferrous metallurgy, energy and chemical industry, equipment manufacturing, defense and manufacturing system integration of interactive development, to further accelerate the modern logistics services, technology services, information services and business services industry development, promote the province’s industrial economy from the traditional manufacturing shift to modern production and service of high-end. "Plan" proposed that Gansu further optimize the service-oriented manufacturing structure, and further enhance the vitality of service-oriented manufacturing. Relying on resource endowment and comparative advantage, promoting the regional distribution of service oriented manufacturing tends to be reasonable. Through innovation driven cultivation of service-oriented manufacturing demonstration enterprises, and constantly enhance the competitiveness of enterprises. In the service oriented manufacturing demonstration action, innovation and development of breakthrough action, Gansu to promote the six major actions to promote the service oriented manufacturing industry development, in addition, Gansu focus on breakthroughs in service outsourcing services, such as energy saving, "the key to open up the development of" service oriented manufacturing industry. Based on information network technology, Gansu to encourage enterprises to actively explore the domestic outsourcing and offshoring, the non core has a basic, common originally supplied by itself in the value chain, IT services and business process based on IT outsourcing stripping, external professional service providers, through the reorganization of the enterprise value chain, resource optimization the configuration, reduce the cost and enhance the core competitiveness of enterprises. To adapt to the construction of resource-saving and environment-friendly society and the requirements of green, low-carbon and circular economy development, Gansu speeds up the development of energy saving and consumption reduction services. In order to strengthen the integration, improve the mechanisms for the key, highlight the resource conservation and comprehensive utilization of resources, clean production, research and development, design, logistics, storage, use, consumption, environmental protection, maintenance, maintenance and other services demonstration projects, explore the establishment of a relatively perfect service system of circular economy industry. At the same time, Gansu actively introduce and digest and absorb foreign advanced energy saving service system, the promotion of universal significance of organization for the development of alternative technologies, reduction technology, recycling technology, recycling technology and application optimization technology, symbiotic link system, promote technological progress and the transformation of scientific and technological achievements, to reduce energy consumption per unit GDP and water consumption, waste into resource links or harmless treatment, use of renewable resources to replace natural resources, with high technology and advanced practical technology to transform traditional industries, improve the overall level of resource conservation. According to the characteristics, specialization and diversified development requirements, Gansu also develops professional maintenance services, inspection and testing services, professional intermediary services and vocational education training services. Among them, vocational education and training services should be encouraged to cooperate extensively among institutions of higher learning, scientific research institutions, skills training and vocational education institutions and enterprises to develop multi-level, high-quality vocational education and training clothing

甘肃“打通”关键环节促进服务型制造业发展-中新网   中新网兰州10月10日电 (杨娜)为促进制造业由生产型向服务型转变,甘肃省工业和信息化委员会日前制定了《中国制造2025甘肃行动服务型制造专项实施方案》,将突破关键环节促进服务型制造业发展。   在适应经济“新常态”的要求下,甘肃加快推进服务型制造与原材料产业、有色冶金、能源化工、装备制造、国防科技等制造业体系融合互动发展,进一步加快现代物流服务、科技服务、信息服务和商务服务等行业发展,推动全省产业经济逐步由传统生产制造型向高端现代生产服务型转变。   《方案》提出,甘肃进一步优化服务型制造结构、进一步增强服务型制造活力。依托资源禀赋和比较优势,促进服务型制造区域布局趋于合理。通过创新驱动培育服务型制造示范企业,不断提升企业的竞争力。   以服务型制造示范推广行动、创新发展突破行动等为主,甘肃推进六大行动促进服务型制造业发展,此外,甘肃着重突破外包服务、节能降耗等服务,“打通”服务型制造业发展的关键环节。   基于信息网络技术,甘肃鼓励企业积极探索境内外包和离岸外包,将价值链中原本由自身提供的具有基础性的、共性的、非核心的IT业务和基于IT的业务流程剥离,外包给企业外部专业服务提供商,使企业通过重组价值链、优化资源配置,降低成本并增强企业核心竞争力。   适应资源节约型和环境友好型社会建设及绿色、低碳、循环经济发展要求,甘肃加快发展节能降耗服务。以加强整合、健全机制为重点,突出资源节约、资源综合利用、清洁生产,开展研发、设计、物流、储藏、使用、消费、环保、维修、保养等服务示范工程,探索建立比较完善的循环经济服务业体系。   同时,甘肃积极引进和消化、吸收省外先进的节能降耗服务体系,组织开发具有普遍推广意义替代技术、减量技术、再利用技术、再资源化技术、系统优化技术和共生链接技术等的应用,促进技术进步和科技成果的转化,降低单位GDP能耗与水耗,实现废弃物转变成资源的链接或进行无害化处理,以可再生资源替代自然资源,用高新技术和先进实用技术改造传统产业,提高资源节约的总体水平。   根据特色化、专业化和多元化发展要求,甘肃还发展专业维修服务、检验检测服务、专业中介服务和职业教育培训服务。其中,在职业教育培训服务中,鼓励高等院校、科研机构、技能培训和职业教育机构、企业之间广泛开展合作,发展多层次、高质量的职业教育和培训服务,大力培养服务型制造重点行业所需的创新型、应用型、复合型和技能型人才。   “打通”关键环节,推进六大行动,除此之外,甘肃还在财税政策、融资渠道等方面为服务型制造业发展“保驾护航”。利用现有科技专项资金,重点支持科学研究、技术服务业等关键领域、薄弱环节的发展,提高自主创新能力。进一步从财政、信贷、土地和价格等方面完善促进甘肃服务型制造发展的财政政策体系。(完)相关的主题文章:

Liquor sales season shortened 13, wine enterprises good days only 20 days 西北大学教务处

The Spring Festival liquor sales season shortened 13 days only 20 days of good wine enterprises in the new year sales season shortened 13 wine enterprises good days only 20 days 1919 chairman Yang Lingjiang told the "Securities Daily" the reporter said that this year the new year sales season is mainly retail, limit Official business expenses, group purchase large single fell by 90% in the year of monkey to reporter Xia Fang come, for the majority of wine prices, this year can guarantee a year. "Securities Daily" reporter through interviews and survey found that in January this year, the sales of first tier wine companies compared with the same period last year showed a year-on-year growth, and local wines while sinking by famous great influence, but the Spring Festival sales still maintained a relatively stable. Overall, shorten the time for the new year sales season, the Spring Festival liquor sales performance for the whole year share declined slightly compared to last year. Sales of famous enterprises in the Spring Festival are very pleasant. "The sales season is short now, but it is very concentrated."." Guizhou Moutai sales person in charge of the "Securities Daily" reporter said. In fact, the peak season for liquor sales this year is 13 shorter than in the past. Therefore, in the Spring Festival of the monkey year, although a lot of liquor sales increased, but the annual sales of Spring Festival accounted for a decline compared with last year. According to the "Securities Daily" the reporter visited the survey, in January, the liquor industry theory into the new year sales season, but at the beginning of January, the liquor sales were mediocre. In the 20 days before the Spring Festival, wine companies feel the taste of the peak season. From the information released by the major wine companies, this year’s high-end liquor sales in the Spring Festival has finally gone out of a wave of market. "High-end liquor sales volume and price rise this year, on the one hand and wine enterprise control quantity insured has a direct impact, on the one hand from the Spring Festival consumption rigid demand caused by." A person in the liquor industry to the "Securities Daily" reporter said so. Shanghai Moutai Wuliangye dealers in an interview with the Securities Daily reporters, said, Moutai dealer remediation for the price increase, enhance the confidence of dealers, improve executive power is beneficial. Moutai is currently out of stock, the price of 815 yuan from the bottle at the beginning of the month (batch price) rose to 870 yuan a bottle. The price of Wuliangye is not much higher than Moutai, but it is also higher than before. Data show that Guizhou Moutai before the Spring Festival price of about 880 yuan bottle, affected by Moutai January shipment "new regulations" impact, many dealers out of stock phenomenon. Therefore, the price of Moutai has also risen about 60 yuan. However, in the industry view, after the Spring Festival, liquor will enter the off-season sales, Moutai prices may also fall, the specific decline in the amount of Moutai depends on how much the future shipments. "Moutai, one day a price, we are not enough to sell."." Brewmaster network chairman Hao Hongfeng told reporters that the liquor sales season is currently, brewmaster network sales growth over last year. A person close to Wuliangye also told the Securities Daily reporters that Wuliangye’s sales in January showed year-on-year growth compared with the same period last year. 191 views

白酒春节销售旺季缩短1 3 酒企好日子仅有20天   春节销售旺季缩短1 3 酒企好日子仅有20天   1919董事长杨陵江对《证券日报》记者表示,今年春节销售旺季主要是零售增加,限制三公消费后,团购大单同比下降90%   ■本报记者 夏 芳   猴年春节即将到来,对于多数酒企来说,今年可以过一个安稳的年。   《证券日报》记者通过采访及调查发现,一线名酒企业今年一月份的销售情况与去年同期相比均出现了同比增长,而地方名酒虽然受名酒下沉影响较大,但春节销售情况还是保持了相对稳定。总体来看,因春节销售旺季时间缩短,白酒春节销售表现占全年份额与去年同期相比略有下滑。   名酒企业春节销售预喜   “现在的销售旺季时间比较短,但很集中。”贵州茅台销售负责人如此对《证券日报》记者表示。事实上,今年白酒销售的旺季与以往相比从时间上看,缩短了1 3。因此,在这个猴年春节,虽然不少白酒企业销量增加,但春节销售量占全年销售量与去年相比有所下降。   根据《证券日报》记者调研视察所见,进入1月份,理论上白酒行业进入春节销售旺季,但在1月初,各大白酒销售均表现平平。在接近春节前的20天内,酒企们才感受到旺季的味道。从各大酒企释放出的信息看,今年春节高端白酒的销售终于走出了一波行情。   “今年高端白酒销售出现量价齐升,一方面与酒企控量保价有直接影响,一方面来自春节消费硬性需求所致。”一位从事白酒行业的人士对《证券日报》记者如此表示。   上海一位茅台五粮液经销商在接受《证券日报》记者采访时表示,茅台对经销商的整治对提价、提升经销商的信心、提高执行力是有益的。目前茅台出现断货,价格也从月初的815元 瓶(一批价格)上涨到870元 瓶。五粮液的价格没有茅台涨的多,但是也比以前有所上涨。   有数据显示,贵州茅台春节前的价格在880元 瓶左右,受茅台1月份发货“新规”影响,不少经销商出现缺货现象。因此,茅台的价格也出现了60元左右的上涨。不过,在业内人士看来,春节过后,白酒将进入销售淡季,茅台的价格可能还会回落,具体降幅多大还要看茅台未来的出货量多少决定。   “茅台一天一个价,我们也是不够卖。”酒仙网董事长郝鸿峰曾对记者表示,目前是白酒销售旺季,酒仙网的销售情况比去年同比增长。   一位接近五粮液的人士也对《证券日报》记者表示,五粮液1月份的销售情况与去年同期相比呈现同比增长。   1919董事长杨陵江接受《证券日报》记者采访时表示,1919春节卖的最好的酒是五粮液和贵州茅台,其中五粮液的增幅在10%,主要是价格比较实惠。茅台的增幅在5%,主要是800元以上的白酒仅茅台一家。区域名酒卖的好的则是古井贡酒和洋河酒,另外,水井坊有所起步,剑南春也表现不错。   事实上,在经历了2013年、2014年、2015年深度调整后,酒企纷纷将服务和价格下沉,为了有好的销售,酒企们可以说绞尽脑汁,试图在猴年春节有好的表现。   在山东潍坊各大超市,酒水摆放琳琅满目,不少酒企的春节活动力度也不小。“目前没有具体的数据可供参考,但今年春节销售情况与去年同期相比是增长的。”华泽集团旗下金六福销售团队的人士对记者如此表示。   一位购买金六福的消费者对《证券日报》记者表示,首先是金六福的口感一直比较稳定,不像一些地方酒,每一批的货口感上出现较大的差异。另外,金六福的广告语(我有喜事金六福酒等等)听着也比较喜欢。   另外,来自山东温和王酒业的一份数据显示,今年春节销售比去年同期增长50%。目前有的地方也出现断货。   华致酒行相关负责人在接受《证券日报》记者采访也时表示,由于距离春节还有几天时间,具体的销售数据还没有统计出来,但是,今年春节销售情况比去年同期相比是增长的。   春节旺季时间缩短1 3   虽然各大酒企都使出浑身解数抓住春节销售旺季,但是,受人们生活水平的不断提高,平时聚会与过节聚会的频率相差无几,在三公消费政策打压下,公款消费带来的大单销售在今年春节逐渐消失等因素影响,酒水业春节销售旺季的时间在逐年缩短已经是不争的事实。   “今春节旺季旺季周期与去年相比减少了一个多星期,以往从元旦开始进入销售旺季,大约有30天时间,今年春节销售旺季仅有20天。”杨陵江对记者如此表示。   在他看来,受今年春节销售受旺季时间缩短所致,春节销售比重占比全年的量与去年同期相比有所下降,在春节销售旺季,最明显的变化是公款消费及送礼大单出现大幅减少,今年春节下降的比例在90%以上。目前,酒水的销售主要靠零售。   事实上,拥有线上和线下酒水销售的1919酒类直供企业,它的销售情况可以代表整个白酒的销售状况。因此,虽然高端白酒在今年春节销售与去年同期相比出现增长,但是,在进口葡萄酒、进口啤酒等冲击下,白酒的零售额未来势必减少在业内达成共识。   “今年100元 瓶以上的葡萄酒的销售出现攀升,洋酒的销售同比下降50%,进口啤酒同比增长五成。”杨陵江表示,以前洋酒在国内的销售主要是礼盒装,80%用来送礼,如今,送礼减少了,因此,洋酒的销售出现大幅下滑。   对于白酒在今年春节销售表现以及未来走势,杨陵江表示,未来5年内,白酒在零售市场上的量将下降10%-20%,这并不代表优秀企业的白酒销售会下降,不过,那些品牌弱的酒企退出市场将成趋势。   同样,在酒业专家肖竹青看来,今年春节白酒市场消费升级趋势明显,茅台五粮液自饮和商务消费成为主流。区域名酒占领200元以内价格带最大市场份额,并以性价比优势赢得高速增长。未来白酒发展趋势将是两头大中间小,以茅台五粮液为代表的一线品牌集中度越来越集中,区域性品牌以高性价赢得市场。   肖竹青对《证券日报》记者表示,未来能在中国白酒舞台上表演的是一线名酒茅台五粮液,二线名酒会被边缘化,而区域名酒会收紧根据地市场,以性价比突出品牌的竞争力,将是未来酒厂的竞争力,因为公款消费时代已经过去。 进入【新浪财经股吧】讨论相关的主题文章:

Kay STONE Global U.S. dollar hike further away, non US warmer, multi stable 刘锦玲三级

Kay stone: Global non US dollar interest rate lopsided, stable yesterday bulls warmer review) since the beginning of 2016, the overall performance of the foreign exchange market is not calm, back in early 2015, the central bank Qili accommodative monetary policy, for a year of currencies set operation tone. Signs of the beginning of this year the situation is still a promising future in tuning. The United States that in the past 12 months has been maintained basically 100 points wide consolidation, and non US currencies have more refreshed low, crude oil, gold and other commodities is diving down, start this year’s short is more motivated. But with the Fed rate hike pace gradually tightened, compared to the market discussion atmosphere of the market last year, this year the most dovish keywords, interest rates, negative interest rates have become currently around $keywords, and even talk that the next interest rate window date will be 2018 this month, Yellen’s speech did not release strong signal of interest rate the data, non farm data in the US this month’s performance is not ideal, the United States refers to the weak signs fade, non US currencies, gold, crude oil has bottomed rebound, or for risk assets during the year to bring opportunities to the uplink. In short, in a word, 08 years from the financial crisis in the United States in 2011 to the European debt crisis, the undercurrent in Asia and China clamoring for several years, although the United States from out of the crisis, but the global economy is the first one, with an American show to other regions, the euro zone is good the trend towards the light, the Asian region to China mainly are currently experiencing the baptism of the storm, but whether it is the future market to describe how difficult, Chinese economic will set sail again. In addition, the RMB will gradually become an important role in the future foreign exchange market, with the RMB into the SDR, the foreign exchange trading industry itself will gradually become the mainstream in china. As the saying goes, a year’s plan lies in the spring, opportunities and crises are always coexisting, hoping to bring you a good mentality and ideas, with their own transactions. Today’s analysis: the euro: last week, the euro continued this month, the impact of non farm data, the highest bull line 1.1375, refresh the new year high. Technology will be under pressure and pressure in the short term euro 1.1500 last year, but the fundamentals, a euro zone easing stable implementation, slow economic recovery, on the other hand, the dollar’s recent weakness has helped push the euro rally and other non US currencies. Today’s data on Monday is light, the operation is short-term, the upper pressure is 1.1275, and the lower support position is 1.1185. Sterling: after the lowest line last month to 1.40 interval, the pound has been in a strong rebound in the market, the highest rebound to 1.46 interval, and now has maintained 1.45 above, maintain wide finishing operation. Technology is still in the rebound upstream channel, the fundamentals are still affected by the weakening trend of the dollar. Within the daily range of consolidation, mainly in the upper pressure of 1.4570, support below 1.4420, short term operation based. Australian Dollar: as a non beauty theory

凯石全球:美元加息渐行渐远,非美回暖多头稳定   昨日回顾)2016年开局以来,外汇市场总体表现并不平静,回想2015年初,各大央行齐力实施宽松货币的政策,最终为一整年的汇市定下运行基调。而今年年初的情况依然有为未来一年定调的迹象。美指在过去近12个月的时间基本上一直维持100关口宽幅整理,而非美货币则更是纷纷刷新低位,原油、黄金等大宗商品更是跳水下行,今年的开局空头更是动力十足。但随着美联储加息的脚步逐渐收紧,相比去年市场讨论的市场氛围,今年的关键词大多为鸽派,降息、负利率均成为目前围绕美元的关键词,甚至有言论称下次加息的窗口日期将是2018年,耶伦本月的讲话内容同样没有释放出较强的加息信号,而数据方面,本月美国的非农数据表现并不理想,美指疲软迹象渐显,非美货币以及黄金、原油均有筑底反弹迹象,或将为年内风险资产带来难得的上行机遇。总而言之,言而总之,从08年美国的金融危机到2011年的欧洲债务危机,目前这股暗流已在中国以及亚洲地区叫嚣数年,美国虽从走出危机,但是全球经济首先是个整体,美国一家独秀还得其他地区的配合,欧元区正在利好的趋势中迈向光明,以中国为主的亚洲地区目前正在经历着这场风暴的洗礼,然而前途无论被市场描述的多么艰险,中国的经济注定还会再次起航。另外人民币将会逐渐成为未来外汇市场中重要的角色之一,随着人民币加入SDR,外汇交易行业本身在中国也将会渐渐成为主流。俗话说,一年之计在于春,机遇与危机始终是并存的,希望能给大家带来一个好的心态和思路配合自己的交易。   今日分析:   欧元方面:   上周欧元延续本月非农数据的影响,多头最高行至1.1375,刷新年内新高。技术方面欧元短期内会承压与去年1.1500压力位,而基本面方面,一方面欧元区的宽松政策稳定施行,经济恢复缓慢进行当中,另一方面美元近期以来的疲软助推了欧元以及其他非美货币的涨势。今日周一数据清淡,操作上短线为主,上方压力位1.1275,下方支撑位1.1185。   英镑方面:   上月最低行至1.40区间之后,英镑一直处于强势反弹的行情之中,最高反弹至1.46区间,目前则一直维持1.45上方维持宽幅整理运行。技术上依旧处于反弹上行通道之中,基本面方面则依旧受美元的疲软走势的影响。日内保持区间内整理为主,上方承压于1.4570,下方支撑位1.4420,短线操作为主。   澳元方面:   作为非美货币之中涨势最弱的一员,本月以来一直维持0.7关口维持宽幅整理,澳元的利率一直为市场关注的焦点,但澳联储迟迟未有动静,澳元也同样受制于中国经济的压制,目前仍然处于较为弱势的阶段。日内操作上保持多头为主,但上行幅度有限,受1.7220关口压制,下方支撑位1.7100。   日元方面:   本月以来美日至121下行至110区间,短短10日之间跌幅已近1000余点。目前维持低位反弹整理之中,随着美元疲软进程的加剧,美日短期内很难再有所上行的动力,未来依然会维持弱势整理甚至继续下行的趋势。日内空单为主,上方关注114.15压力位,下方支撑位113.15。短线操作为主。   黄金方面:   新年以来黄金可谓一飞冲天,短短一个多月涨幅近200美金,不但突破1200关口,最高触及了1260上方,收复了去年一整年的跌幅。未来多头仍然会继续保持,目前有望回落至1200关口,若稳定于1200上方,多头可继续入场或者持有。日内上方压力位1235,短线操作为主。   今日关注数据:   华盛顿总统日 假期休市;   日本第四季度名义GDP季率初值;   日本第四季度实际GDP年率初值;   日本第四季度GDP平减指数年率初值;   欧央行行长德拉吉在布鲁塞尔发表讲话;   以上仅供参考!   凯石全球   2016-2-15 进入【新浪财经股吧】讨论相关的主题文章:

Xinhua news agency approved housing prices too radical debt has exceeded 3 trillion, the risk is hea 雪绒花徐浩

Xinhua group housing prices too radical: Liabilities exceeded 3 trillion risky debt over 3 trillion large enterprises with high leverage risk Xinhua Beijing August 30th new media news (reporter Liang Qian Xu Haibo) 29 evening, with Poly Real Estate released half year results announcement, Dr. Paul million gold four typical enterprises semi annual report disclosure of all. All information data show that as of now, a report published in the room 101 home, the total operating income of 522 billion 800 million yuan, an increase of 37% over the same period last year. But it is worth noting that, although operating income increase, but also a substantial increase in housing prices in the capital leverage, asset liability ratio reached 65.68%, total liabilities amounted to 3 trillion and 740 billion yuan. Insiders warned that crazy buying caused high land prices, high leverage, the future risk. Housing prices have been too radical, once the future housing prices slowed down, the pressure of high land prices will focus on the outbreak. Crazy sales soared record, the first half of 2016, housing sales revenue innovation high. According to statistics released Centaline Research Institute, 7 months of 2016, 30 housing prices listed a total sales of 1 trillion and 330 billion yuan, rose 72.2%, refresh the historical record. Among them, the new City Holdings, Xu Hui real estate, Jing Rui estate, Biguiyuan, the first open real estate, China Jinmao July sales increased by more than 100% year-on-year. The town grew 142%, the completion of the annual target of 84%, Jingrui an increase of 149%, the completion of the annual target of 79%, Biguiyuan 143% year-on-year growth target of 68%, Xu Hui, an increase of 174%, the first is the target of 74%, an increase of 164%, the completion of the annual target of 116%. While sales of more than 100 billion yuan of housing prices have 4, respectively, Vanke, Hengda, garden and Poly Real estate, the amount of sales were 217 billion 510 million yuan, 184 billion 800 million yuan, 149 billion 420 million yuan and 122 billion 771 million yuan. In this context, Heng Chang’s annual sales target from the previous 200 billion yuan raised to 300 billion yuan. In addition, in 60 billion yuan to 80 billion yuan sales target camp, SUNAC 7 former Chinese, golden group and Longhu real estate sales increase of more than 80%. In fact, in the rapid growth of sales, inventory turnover has also increased significantly. Data show that in the first half of 2016, housing inventory turnover rate averaged 0.76 times, the same period in 2015 only 0.18 times. But it is worth noting that, despite the substantial increase in sales, but the profits of housing prices is not satisfactory. With Dr. Paul million gold four large enterprises as an example, sales reached nearly 200 billion yuan Vanke, attributable to shareholders of listed companies net profit of 5 billion 350 million yuan, poly profit 4 billion 960 million yuan, investment 3 billion 852 million yuan, the net profit attributable to the parent company for 778 million yuan. Under this background, all information published data show that housing prices in 101 annual report, the first half of 2016 operating income of 522 billion 800 million yuan, a substantial increase of 37% compared to the same period in 2015, a total profit of 68 billion yuan, compared with the same period in 2015 of

新华社批房企过于激进:负债已超3万亿风险重重   负债超3万亿 高杠杆加大房企风险   新华社北京8月30日新媒体专电(记者梁倩 徐海波)29日晚间,随着保利地产发布半年业绩公告,“招保万金”四大典型房企半年报全部披露。万得资讯数据显示,截至目前,已发布中报的房企达101家,其营业收入总额5228亿元,同比上年同期增长37%。但值得注意的是,虽然营业收入有所增加,但房企资金杠杆也大幅提高,资产负债率达65.68%,负债总额高达3.74万亿元。   业内人士警示,疯狂抢购致地价高涨,杠杆高企,未来风险重重。房企已过于激进,一旦未来房价涨幅放缓,高地价的压力将集中爆发。   疯狂 销售猛增创纪录   2016年上半年,房企销售收入创新高。据中原地产研究院发布的统计数据,2016年前7个月,30家上市房企销售额合计1.33万亿元,同比大涨72.2%,刷新历史最高纪录。   其中,新城控股、旭辉地产、景瑞地产、碧桂园、首开地产、中国金茂前7月销售额同比增幅超过100%。新城同比增长142%,完成年度目标84%,景瑞同比增长149%,完成年度目标79%,碧桂园同比增长143%,完成目标68%,旭辉同比增长174%,完成目标74%,首开则是同比增长164%,完成年度目标116%。   而销售额超过1000亿元房企有4家,分别为万科、恒大、碧桂园和保利地产,销售金额依次为2175.1亿元、1848亿元、1494.2亿元和1227.71亿元。在此背景下,恒大将其年度销售目标由此前的2000亿元上调至3000亿元。   此外,在600亿元至800亿元的销售目标阵营里,融创中国、金地集团和龙湖地产前7个月销售额同比增幅均超过80%。   事实上,在高速增长的销售下,存货周转率也大幅提升。数据显示,2016年上半年房企存货周转率平均0.76次,其2015年同期仅为0.18次。   但值得注意的是,虽然销售额大幅增长,但房企的利润却不尽如人意。以“招保万金”四大房企为例,销售额高达近2000亿元的万科,归属于上市公司股东的净利润53.5亿元,保利利润49.6亿元,招商38.52亿元,金地归属母公司的净利润为7.78亿元。   在此背景下,万得资讯数据显示,已发布半年报的101家房企,2016年上半年营业收入5228亿元,较2015年同期大幅增长37%,利润总额680亿元,较2015年同期的522亿元大幅增长30%。但其净利润仅为484亿元。   分化 优胜劣汰更明显   值得注意的是,在一些房企业绩大幅增加的同时,也有部分房企仍面临着亏损局面。   全国工商联房地产商会秘书长钟彬表示,受宏观经济影响,房企面临去库存压力,优胜劣汰机制愈加明显。房地产行业集中度不断上升,百强房企卖了全国近一半的房子,各梯队房企销售金额集中度均出现大幅提升,百强房企销售金额集中度已接近50%。   据记者不完全统计,在已发布中报的101家房企中,有19家房企净利润仍为负。这意味着,在整体市场向好的背景下,仍有超18%的房企处于亏损状态。   其中,渝开发、绿景控股等10家房企亏损超过千万元,3家亏损超亿元,1家超过10亿元。分别是沙河股份亏损1036万元,天房发展亏损1553万元,荣丰控股亏损2180万元,渝开发、绿景控股、中国高科分别亏损2278万元、2291万元、2358万元,海航创新、新光圆成、天地源、京汉股份分别亏损2645万元、3879万元、5994万元与7703万元。而阳光股份、云南城投、天津松江亏损上亿元,分别为1.13亿元、3.6亿元、5.21亿元,嘉凯城亏损高达10.67亿元。   业内人士认为,从预增与预亏的房企数据看,上半年不同净利润规模层级的房企数量保持不变,但平均增速明显分化。在行业盈利空间收窄的背景下,净利润规模超过100亿元的房企均值为209.67亿元,同比增长率均值为18.47%;一部分净利润规模在10亿元至50亿元区间的中型房企,在本轮市场结构性回暖中获益匪浅,该区间房企净利润同比增长率均值达11.92%,其中部分企业净利润增速甚至达60%至90%;而净利润规模在50亿元至100亿元区间的房企均值为75.71亿元,同比增长0.70%,该区间房企受市场布局或产品结构单一影响,净利润增长缓慢。   “房企业绩分化的主要原因来自于其布局的差异。”国信证券房地产行业分析师董德志表示,居民住房需求三五年内相对稳定,目前销售高增长意味着对未来需求的透支;由于我国住房需求转移单边性的特点,一线城市居民一般不会去二线城市买房,二线一般不会去三线买房,目前二线城市房地产销售的火爆意味着大量的三、四线城市需求被转移。综上,三、四线城市居民需求被严重透支和转移,且供给层面今年库存面积不会有明显下降,这意味着未来房地产去库存的压力会更加艰难。   万科半年报中也指出,上半年城市间仍然呈现较为明显的分化。主要城市新房销售面积大幅上升,而供应增长有限,商品住房库存量快速下降。但此前土地供应较多、人口增长较慢甚至负增长的城市,库存压力仍然较大,情况并没有根本好转。   风险 负债高企引担忧   2016年,在销售额大幅增长的背景下,房企加速囤地。截至8月24日,年内抢地最积极的14家房企拿地超过200亿,合计拿地为4093亿,整体看,相比2015年同期的1864亿上涨了120%。   中原地产数据显示,融创拿地总额高达478.69亿元,较去年同期的73.13亿元,大幅增长554%。绿地拿地总额348亿元,较去年同期也增长55%。融信更是改变其去年同期一幅未拿的情况,拿地总额达到345亿元。此外,碧桂园、恒大、万科、保利拿地资金也纷纷超过300亿元。   而在房企激进拿地的背后,地方土地收入也大幅增加。全国卖地最多的50大城市出现了卖地面积未涨,土地成交额却爆发的现象。中原地产研究中心统计数据显示,截至8月22日,50大城市合计成交土地建筑面积为69489万平方米,相比2015年同期的69461万平方米基本持平。但土地出让金则出现了爆发,截至当日,50大城市土地出让金累计达到了1.39万亿元,相比2015年同期的9342.8亿元,上涨幅度达到了49.22%。   对此,中原地产市场总监张大伟表示,资产荒的背景下,资金大量流入房地产,而在资金的支持下,房企加大杠杆使用力度。   实际上,房企资产负债率大幅提升。例如嘉凯城资产负债率已高达93.55%,较上年84.64%大幅提高8.91个百分点。天津松江资产负债率也高达90%,较上年增长6.6个百分点。此外,包括万科、华夏幸福等18家房企资产负债率高达80%以上。   从净资产负债率也就是产权比率来看,房企数据更是高得惊人。鲁商置业、嘉凯城净资产负债率高达1400%。   广发证券分析师乐嘉栋表示,从整个上半年情况来看,货币流动性持续宽松,而整个市场缺乏可投的优质资产,地产行业成为吸收流动性的重要载体。   “但进入下半年,成交端的逐步下滑,会抑制房企的开发投资,房企的融资活动或将逐步降温。”乐嘉栋认为,未来房企将面临的风险一方面是资产端的资金抑制带来资金紧缩,另一方面则是当前货币环境下居民杠杆利用水平较高,开发商未来回款将受流动性影响较大。   同时,政府监管也在收紧。最新数据显示,截至目前,8月份武汉已经有22家房企因为违规销售被房管局扣分,列入不良信用记录。   张大伟也指出,房企已过于激进,一旦未来房价涨幅放缓,资金压力将集中爆发。例如融创478.69亿元拿地总额已占其销售总额81%,而融信方面,其拿地总额345.39亿元,更是其销售额132.2亿元的261.3%。(完) 进入【新浪财经股吧】讨论相关的主题文章:

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