CLSA CITIC CLSA block chain transaction

1. CLSA 里昂证券(Credit Lyonnais Securities Asia)

3. On this topic, I think we need to look at both sides:

1. It's no big problem to like luxury goods. Everyone has a love for beauty. Most luxury goods are top-grade procts in their respective fields. They are made with careful selection of raw materials, well intentioned proction, unique modeling and good user experience. There's nothing wrong with loving it< 2. Vanity. To some extent, luxury has gone beyond its practical value and become a symbol of identity, which is the simplest way to show off. Just like raising a dog, the dog itself is used to guard the door against theft, but all kinds of good dogs have become the "favorite" of many rich and even middle class< 3. Chinese people love the tradition of saving. The country has been bullied for more than 100 years, that is, it has only become rich in the last 30 years. Most of us have been poor for three generations. They are afraid of being poor, so some people buy luxury goods with the intention of investing in real estate to keep their value, just like in ancient times, when many people were rich, they went all out to buy land< 4. People's consumption psychology has not kept up with the pace of social development. The speed of social development will have a huge impact on the public's psychology, but we don't realize or think it's a kind of impact. It takes time for people to adapt and keep up with it psychologically. For example, in recent years, the imbalance between men and women, the high cost of marriage for boys and other cruel reality, completely reversed the old idea of many people, from the heart that "boys and girls are the same", and consumer psychology is similar to this, it needs time and temper

this situation will be better in the future. We should believe that our country is a big country with 5000 years of history. After suffering for more than 100 years, it will take about 100 years to recover.

4. The correct and complete name is: "initial value of PMI of Caixin China's general manufacturing instry"

I don't know which word the subject doesn't understand...

in general, it is the "preview value" of "purchasing manager index (PMI)" of China's general manufacturing instry in a month compiled and released by "Markit financial information service company" sponsored by "Caixin media". It was sponsored by HSBC from 2010 to 2015, so it was called "HSBC PMI" at that time. From August 2015, the naming right changed to Caixin< PMI is the purchasing managers index (PMI); Index < PMI is a set of comprehensive economic monitoring index system released monthly through the monthly survey of purchasing managers, which reflects the changing trend of economy. It is divided into manufacturing PMI, service PMI, and some countries have established construction PMI. The survey covers more than 30 countries and important regions such as the euro zone
3. The index series has become the business survey data that the world pays close attention to. It is highly praised by central banks, financial markets and business decision makers for its timely, accurate and unique grasp of monthly economic trends
4. The PMI index 50 is the watershed of prosperity and depression. When the PMI is greater than 50, the economy is developing; when the PMI is less than 50, the economy is in recession<

[about Caixin China's general manufacturing instry PMI]
1. Caixin China's general manufacturing instry report sends questionnaires to the purchasing directors of more than 420 manufacturers every month, and then compiles the report according to the collected data
2. Stratified sampling method is used in the survey sample base, and standard instry classification (SIC) is used for stratified sampling according to company size and instry impact on China's GDP. According to the data collected in the middle of each month, the survey results can reflect the changes of the month compared with the previous month. For each indicator, the "report" lists the percentage of each answer, the net difference between the number of people who answered "higher" or "better" and "lower" or "worse", and the "diffusion" index (the sum of the number of people who chose positive answers and the number of people who answered "the same" in half)“ The "diffusion" index has various characteristics of the leading index, which can show the current mainstream trend. If the index is higher than 50, it means that the single item rises as a whole; Below 50, it means that the overall decline
3. "Purchasing manager index (PMI & 8482;)" It is a comprehensive index based on five single indexes. Each index and its weight are: new order - 0.3, output - 0.25, employment - 0.2, supplier supply time - 0.15, purchase inventory - 0.1. The supply time index is calculated reversely to make its comparability consistent with other indexes

[about initial value]
1< However, Markit said in its report on October 1, 2015 that it would stop publishing the initial value, so the "preview of Caixin China GM manufacturing PMI" released on September 23, 2015 is the final initial value The final value of general manufacturing PMI of each month will be released at 9:45 Beijing time on the first working day of next month.)

5. After carefully studying, digesting and absorbing, he needs to analyze how these news will affect the assets in the client's portfolio holdings, and pass on his understanding and opinions of the information to the client. Investment bankers often work an average of 50 to 90 hours a week, day and night, black and white life. So once you enter this instry, you must have a high degree of self-discipline in your life style, be prepared for long-term struggle, adjust your life rhythm, try your best to obtain learning experience, and maintain unremitting professional spirit. Staff point of view: since the fourth quarter of last year, overseas public offerings of Chinese enterprises have become the global focus. In 2003, China life became the largest IPO company in the world. This year, the market also expects Chinese mainland companies to raise about 15 billion dollars overseas. With more and more listing activities, investment banks are even more busy. Many investment banks have indicated that they need to increase their staff. According to a survey by Hudson, a human resources consulting firm, more than half of financial enterprises plan to expand their manpower from April to June. But what is the most needed person for investment banks? Let's first look at how the instry views this issue. Zhuo Dongying, head of banking and Finance Recruitment at Hudson, said:

6. CITIC Securities
the stock of the securities company is the most able to raise funds
first look at his news: [2010-05-04] published the resolution of the board of directors and the announcement that the company intends to carry out strategic cooperation with the bank
passed the resolution of the board of directors of CITIC Securities and the announcement that the company intends to carry out strategic cooperation with the bank According to the plan:
1. It is proposed to agree to establish a strategic cooperative relationship between the company and Credit Agricole corporate and investment bank. The cooperation plan specifically includes:
(1) the scope of partners includes Credit Agricole cheuvreux S.A. and Credit Agricole cheuvreux S.A Credit Agricole securities (USA) Inc. and CLSA, etc. the cooperation modes include but are not limited to business cooperation, customer resource sharing, joint venture, strategic alliance, etc

this is good news. Why does it fall
the reason is that he wants to attract more investors to invest< It is estimated that it will drop intermittently for a few days, and then rise abruptly.
then it will continue to make an offer.
therefore, the suggested price of this stock can still be long-term investment.
the impact of interest rate increase is not too great.
my view is just for reference