Draw | CBA Capital City Derby Ticket Winner List Announced

Draw | CBA Capital City Derby Ticket Winner List Announced
The first round of the Beijing Derby was staged in Wukesong.On the evening of November 20th, the CBA will stage a Beijing Derby, and the Shougang men’s basketball team will play against Beijing Control at Wukesong.(Looking forward >> This season’s CBA “Beijing Derby” is the best!) At present, both Shougang and Beijing Enterprises are 5 wins and 1 loss. The meeting of these two strong teams will surely present a passionate collision for the majority of fans.(Feature >> Marbury returned to Wukesong, Lin Shuhao was waiting for it) In order to give back to the readers’ attention and support, the Beijing News Sports Channel and the Beijing Shougang Basketball Club sent 4 tickets for this gameFortunate readers, each can get two tickets).The list of winning users has been released!As of 10 am on November 20th, in the “Welfare 丨 CBA Capital Derby!”Want to see it?The top two readers ‘IDs in the article” Beijing Newspaper Tickets “are as follows: 176 **** 3269 Chenpi Tang Please accept the winning readers through the official newsletter of the Beijing News Sports (ID: Beijing News Sports)Ticket method.The deadline for private messages is 14 o’clock on November 20, if not contacted, it will be considered as a voluntary abandonment.

[How to smell delicious tofu]_How to make_delicious

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[Is the cake a good animal cream or plant cream?]_ Difference_Respectively

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SAIC Group (600104): The decline in wholesale sales narrowed and recovery is on the horizon

SAIC Group (600104): The decline in wholesale sales narrowed and recovery is on the horizon

The decline in wholesale sales has 重庆耍耍网 narrowed, and the recovery is in sight. According to the company announcement, the company completed wholesale sales of 440,000 units in July 2019, spanning -9.

3%, the decline in wholesale sales narrowed (wholesale sales in June fell by 16%).

Among them, SAIC Volkswagen’s wholesale sales temporarily decreased by -4.

6%, SAIC-GM’s wholesale sales increased by -18%, and SAIC’s passenger car wholesale sales increased by +8.

1%, SAIC-GM-Wuling’s wholesale sales doubled.

7%.

We believe that the main reason for SAIC ‘s wholesale sales to narrow is that the inventory of dealers will decrease after National Five ‘s inventory depletion in June, and the National Six inventory will need to be replenished. The total base for the same period last year (wholesale growth rate is 0%).inevitable.

We believe that automobile demand has gradually bottomed out and sales are expected to improve in the second half of the year. It is expected that SAIC’s EPS2 in 19-21.

57.2.

79, 3.

00 yuan, maintain “Buy” rating.

For SAIC Volkswagen, GM Wuling’s decline narrowed, and its independent growth rate turned positive. GM continued to be obsessed with July, and SAIC Volkswagen’s wholesale sales volume was 14.

50,000 units, past -4.

6%, the main model of Lava, Santana sales are growing, Tiguan still stays, the new model T-cross sales of 5,800 units, Tuyue sales of 10,000 units, climbing situation is good; SAIC GM wholesale sales of 110,000 units, only -17.

6%, the first is the reduction of off-season production scheduling, reducing inventory, Yinglang, Cadillac, GL8 slightly increased, Ang Kewei, LaCrosse performance is still sluggish; SAIC independent wholesale sales5.

20,000 units, an increase of 8% a year ago, sales of the main model RX5 still need to reduce the fog, the new model MGHS, i5 sales are higher, RX5 MAX is worth looking forward to; SAIC-GM-Wuling wholesale sales of 10.

90,000 units, -16 a year.

7%, the decline narrowed.

We believe that Volkswagen and independent sales have gradually stabilized, and the improvement in GM’s sales lies in whether new models launched in the second half of the year can be sold.

SAIC-GM entered the new model cycle in the second half of the year, and its sales volume is expected to improve. According to the company’s announcement, SAIC Motor’s wholesale sales volume will be -16 in 2019H1.

5%, of which SAIC Volkswagen’s wholesale sales are every 10%, SAIC-GM’s wholesale sales are -13%, SAIC’s independent wholesale sales are -13% each, and SAIC-GM-Wuling’s wholesale sales are -30% each.

We believe that due to the decrease in automobile demand, the decline in the launch of new SAIC models in the first half of the year, and the decline in luxury car prices to squeeze the joint venture brand market, the overall wholesale sales of SAIC Group is slightly weaker than the industry sales growth rate.

Looking forward to the second half of the year, SAIC-GM will launch Chevrolet Chuangku, Angola GX, Cadillac XT6 and other seven new vehicles, which are expected to ease sales pressure.

We maintain the previous SAIC Group’s wholesale sales of 6% per year?
-7% judgment.

The industry is recovering, and there are many catalysts in the future. Maintain “Buy” rating. We think 7?
August is the traditional off-season sales season. Some of the demand was overdrawn in June, but it was changed to “Golden Nine Silver Ten”. The dealers had replenishment demand at the end of August, and sales in September are expected to improve.

If industry demand improves, the company estimates 杭州桑拿网 that it is expected to increase.

In addition, SAIC Audi and Volkswagen MEB plants may be put into operation in October 2020, and future development is expected.

The second half of the year is the SAIC-GM new model cycle, and sales are expected to gradually improve.

We expect the company to achieve net profit of 300,325,350 attributable to mothers in 19-21.

50,000 yuan, corresponding to EPS2.

57.2.

79, 3.

00, to maintain the company in 2019?
12 times PE estimate, maintain target price of 28.

27?
30.
84 yuan.

Risk warning: The demand for automobiles is not up to expectations, the sales volume of new models is not up to expectations, and Sino-US trade frictions are intensifying.

CPIC (601601): Proposed GDR Internationalization Goes Further

CPIC (601601): Proposed GDR Internationalization Goes Further

On September 23, 2019, the board of directors approved the company’s plan to issue GDR and list on the London Stock Exchange.

To be specific, 1) Issuance scale: the A-shares of the supplementary basic securities represented by the GDR issued this time shall not exceed 6.

2.9 billion shares (including over-allotment), not more than 10% of the company’s A shares before the issuance.

杭州桑拿网 2) Pricing method: Not lower than the company’s latest audited statutory net assets (termination 19H is 17).

93 yuan), if calculated based on 19H net assets, it is estimated that the amount of proceeds that can be raised in this issuance is 110 trillion; if calculated based on the closing average price of A / H shares on that day, the amount raised is expected to exceed 20 billion yuan.

3) Conversion with A shares: The conversion rate takes into account internal regulatory requirements, market conditions, etc .; the conversion limitation period is 120 days after the date of listing.

4) Time of issuance: The company will temporarily hold an extraordinary shareholders meeting and complete the issuance when the resolution of the shareholders meeting becomes effective (that is, 12 months).

During the period, it 南京桑拿网 needs to be approved by Banking Regulatory Commission + Securities Regulatory Commission, and then approved by the London Stock Exchange.

Based on Huatai Securities’ experience in issuing GDRs, it is expected to be completed in about half a year.

5) Issuance purpose: To steadily advance the company’s international layout and replenish capital.

In the end, the GDR issued by the London Stock Exchange could date overseas investors to improve corporate governance.

The initial H-share issuance and appointment of the Singapore Government Investment Consulting Corporation (GIC) entered the board of directors. The current GDR issuance to date the war investment (or enter the board of directors), further financial opening up, and improve corporate governance.

At the same time, it is beneficial for the company to promote its international layout.

Overseas financing to open international financial markets, expand overseas business, explore new sources of growth on the debt side, and diversify the layout.

6) Issuance impact: It is good for medium and long-term business development, and short-term estimates tend to be stable.

① In the medium and long term, this issuance of the GDR has been formulated to date overseas shareholders, improve the governance structure, and enhance CPIC’s operating capabilities.

At the same time, as the first insurance company to issue GDRs to raise overseas funds, it will set up overseas markets in advance, date overseas experiences, and achieve diversified business growth.

② In the short term, with the advancement of the start of the year, the interest rate expectations of the investment side have stabilized, and it is estimated that the switch will return to a low point at the end, and the insurance industry will usher in a repair of earnings.

The issuance of GDR will dilute the current shareholders’ profits and net assets, but as the market repairs and the construction of long-term expansion, it will also stabilize in the short-term.

With reference to Huatai’s issuance of GDR (the proportion of shares issued is also 10%), it benefited from the capital market environment at the end of the year, from the date of the first announcement (2018.

11.

23) To the stage high (2019.

2.

25) The increase is 44%, and the current increase is still maintained at 15%.

Life insurance: With optimized business structure and sound business strategy, NBV and EV are expected to grow steadily in the long run.

As of 19H, the life insurance EV was 2785 trillion, + 8% compared with the end of the previous year. The negative growth of NBVM and new orders resulted in NBV of only 14.9 billion (YoY-8%), but the decline was significantly narrowed compared to 18% of 18H1.

1) The short-term shocks caused by the high level of NBVM do not mean that the company restarts the sales of low-value products, but the inevitable result of adjustment and adjustment of sales strategies.

With an excellent business structure and a sound business strategy, NBVM has a high probability of staying high and does not need to be over-allocated.

2) According to calculations, as long as 19H2 new orders achieve 9% positive growth, the new orders can be changed to be flat; and as long as 13% positive growth is achieved, NBV can be flat.

In the second half of the year, the pressure on new order growth was eased, and short-term storage + protection were provided, and various products actively responded to the base pressure to promote the maintenance of NBV stability.

Property insurance: non-vehicles maintained 30% + high growth, reduced fees and controlled compensation, and underwriting profits increased against the trend.

19H1 property insurance premiums were 682% (YoY + 13%), underwriting profit was 7% (YoY + 12%), and the decline in the expense ratio helped the comprehensive cost ratio of 98.

6% (YoY-0.

1pct).

With the deepening of commercial vehicle fares, the auto insurance market concentration will continue to increase. Leading insurance companies will continue to achieve excess underwriting profits through pricing, fixed loss and channel advantages.

The impact of downward interest rate risk is limited, and there is no risk of interest rate differential losses.

The long-term interest rate fluctuated downward (currently about 3%), and the equity market fluctuated. It is assumed that 20% of the fixed-income assets will be allocated due in 2019, and the bond yield will be 2.

8%, non-standard yield 5.5%; stock + stock-based yield of 5%, CPIC’s comprehensive investment yield in 2019 will still reach 5.

3%, which is much higher than the compensation cost (less than 3%), and there will be no spread loss.

Investment suggestion: Optimize the company’s long-term development potential, and issue a GDR to help further the international layout.

In the long run, the company’s life insurance business has an early transformation and excellent structure, helping NBV and EV increase steadily. The scale effect and alternative fixed-price pricing advantages of the property insurance business will continue to increase market share and achieve excess underwriting profits.

The allocation of large-scale assets on the investment side has remained stable, with a long-term reduction (6 years +), and the impact of re-allocated assets due each year is limited. From the perspective of prolonged cycles, the return on investment is relatively stable.

The board of directors issues GDR through the company, predicts to advance the international layout, and replenish capital; coupled with the company’s long-term development potential, the current corresponding P / EV of the company in 2019-2021 is 0.

87x, 0.

77x, 0.

69x, combined with its high dividend characteristics, has continued to allocate value in the presence of increasing external uncertainty, maintaining a highly recommended level.

Risk warning: long-term interest rate growth rate, equity market growth rate, investment income increase rate; premium growth is less than expected.

Depth-Company-Bank of Shanghai (601229): Negative Capital Structure Continues to Optimize Negative Generation Rate Up

Depth * Company * Bank of Shanghai (601229): Negative capital structure continued to optimize and bad generation rate increased

Judging from the 1st quarter report, the Bank of Shanghai’s revenue maintained a high growth, and its fee income performance improved.

In the fourth quarter, the company’s non-performing rate increased, and the speed of non-confirmation increased, but the overall risk control was strict, and the company had a solid foundation for risk provision and a strong ability to resist risks.

Maintain overweight rating.

The main points of the official rating revenue maintained a high growth, the program fee income growth rate returned to positive in the first quarter, Shanghai Bank’s net profit increased by 14.

1%, of which revenue and pre-provision profit performance maintained a high growth, increasing 42 times.

2% / 49.

4%.

Net interest income for the first quarter increased by 15 quarterly.

0%. In order to exclude the impact of the conversion of accounting standards, we will reduce net income, investment income, gains and losses from changes in fair value, and exchange loss gains and losses to add up to 48.

9% compared to 18 years (41.

4%) increased by 7.

5 points.

The fee income improved significantly in the first quarter, and the fee income growth rate returned to 10.

6% (vs. 2018-4.

4%).

In the first quarter, the company continued to increase the provision of reserves to strengthen its ability to resist risks, and the provision of reserves increased by 99%.

2%.

The allocation of resources is tilted towards credit, and the growth of deposits increased. The company’s credit in the first quarter increased by 4 from the previous quarter.

81%, maintaining a faster delivery rate, faster than the rate of asset expansion (1.

66%, QoQ), resource allocation is tilted towards credit.

Debt-side deposits continued to perform well. Deposits in the first quarter increased by 15 quarter-on-quarter.

3% / 4.

57%, one year growth rate is higher than 2018 (12.

9%).

As the company’s interbank debt ratio is relatively high, it is expected that in the first quarter, it will continue to benefit from the downward interest rate of funds in a wide currency environment, and the interbank impedance cost is relatively stable.

However, it should be noted that under the situation that the storage ratio increased in the first quarter while the cost of interbank liabilities remained relatively low, we calculated that the end-to-end error rate at the beginning of the period was 1BP higher than that in the fourth quarter, and the storage cost is expected to increase in the first quarter.

Looking ahead to 2019, through the increase in credit supplementation, the asset-side bargaining power has been reduced, and it is expected that there is limited room for improvement in interest margins.

NPL generation was up the chain from the previous month, and the provision basis was solid. The Bank of Shanghai’s non-performing loan ratio increased by 5BP to 1 in the first quarter.

19%, but the absolute absolute level is still low in the industry. We estimate that the poor generation in the first quarter replaced 1.

75%, which was increased by nearly 1 unit in 2018, which is expected to be related to the increase in bad recognition efforts. In the future, we need to pay attention to asset quality pressure.

At the end of the first 杭州桑拿网 quarter, the proportion of interest-oriented loans decreased by 2BP to 1 at the end of 18 years.

84%.

Provision coverage ratio decreased by 4 as compared with the fourth quarter.

The highest of 15 was 329%, which was a relatively high level in the industry; the loan-to-loan ratio increased by 10BP to 3.

90%, a solid foundation for provisioning.

It is estimated that, given the increase in credit supply in 2019, the company’s asset-side pricing power is weak, and there is limited room for improvement in interest margins. We slightly reduce the company’s EPS in 19/20 to 1.

90/2.

12 yuan (previous forecast 1).93/2.

26), corresponding to a growth rate of 15.

3% / 11.

6% (was 17.

2% / 16.

9%).

The overall corresponding PE for 2019/20 is currently 6.

43x / 5.

77x, PB is 0.

86x / 0.

78x, maintaining the overweight level.

The main risk facing the rating: asset quality expectations exceed expectations.

8 foods make you lose weight easily and not hungry

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8 foods make you lose weight easily and not hungry

Losing weight does not have to be hungry, it is the greatest wish of women who want to lose weight.

Below, Xiaobian brings you 8 kinds of diet foods that are easy to produce satiety, and let you lose weight without hungry, but also help to promote the body’s toxins and oils.

銆€銆€1, konjac konjac is rich in cellulose and trace elements, also has 16 kinds of amino acids, and occasionally and a series of very low, is a rare nutritional diet food.

銆€銆€The soluble ingestion fiber of konjac will swell in the stomach and swell, thereby increasing satiety; then switching the gum state in the stomach to prevent slight absorption.

銆€銆€Slimming to eat: you can directly buy processed konjac powder tea, you can also make konjac bread, konjac tofu and other food.

銆€銆€2, black rice and ordinary rice ratio, black rice at least high protein content, the body needs a complete range of amino acids, also contains a large number of natural black rice pigments, trace elements and vitamins.

In addition, the amount of precipitated fiber in black rice is also very rich, and it is easy to produce satiety.

銆€銆€Slimming to eat: use black rice to cook porridge, the best nutrition.

In addition, it can also be made into snacks, bread, rice balls and the like.

銆€銆€3, soybean yellow bean is the most abundant plant food containing protein, and the protein contained in soybean is 2 times that of beef and 2 of egg.

5 times, it can be said to be “protein warehouse.”

It is also rich in unsaturated fatty acids and linoleic acid.

銆€銆€Slimming eating method: directly fry eating; assembling soy products that are more easily absorbed by the human body and have better nutritional effects.

銆€銆€4, apple apple is a low-content ideal diet food, contains the fruit acid and rich cellulose, it is easy to produce satiety after eating.

銆€銆€Slimming to eat: direct raw food; and carrots, celery, pineapple and other fruit and vegetable juice into the juice.

銆€銆€5, sweet potato sweet potato is a food star to health care this year, with a variety of effects of weight loss, treatment.

The sweet potato has a lot of cellulose, and it is easy to have a feeling of fullness when eating.

銆€銆€Slimming: The fragrant sweet potato is a good choice for people who lose weight.

In addition, you can steam, boil, or cook sweet potato porridge with rice.

銆€銆€6, oatmeal oats unsaturated fatty acids, molecular weight fiber, is a good helper to reduce blood plasma, glycerol, to achieve weight loss and weight loss.

The crude fiber also has the effect of lowering blood sugar and suppressing appetite, and it is easy to have a feeling of fullness after eating.

銆€銆€Slimming: Eat the best way to lose weight when cooking into oatmeal, or add apples or bananas according to your preference.

銆€銆€7, potatoes and potatoes in a very low instant, almost no traces, high cellulose content, eating is easy to produce satiety, is the ideal diet food.

銆€銆€Slimming: Eat potatoes as a staple instead of as a dish.

You can boil potatoes, fry potatoes or make pancakes.

銆€銆€8, soy milk is rich in nutrients, contains high-quality protein, 8 kinds of essential amino acids, as well as rich calcium, phosphorus and other nutrients.

In the process of consumption, soy milk can inhibit plasma and a small amount of absorption, increase satiety and prevent excessive diet.

銆€銆€Slimming to eat: can be used with meals.

Parents are careful about high blood pressure sneak peek

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Parents are careful about high blood pressure sneak peek

Children and young people have low blood pressure symptoms, which are easy to be ignored. When people think of high blood pressure, people think that it is an adult disease. In fact, high blood pressure is not a patent for adults.

According to the newly released survey report on the nutrition and health status of Beijing residents, the prevalence of hypertension in residents aged 15 and over in the city is 25%, which is different from the results of the sample survey four years ago. The prevalence rate has increased.Two excellent.

Wang Wei, deputy director of the Department of Pediatric Cardiology at the Capital Institute of Pediatrics, said that in recent years, the number of children with high blood pressure has gradually increased.

銆€銆€鈻?Children with hypertension due to atypical symptoms are easily ignored by parents. Hypertension refers to preschool children with blood pressure higher than 110 / 70mmhg, school-age children with blood pressure higher than 120 / 80mmhg, and blood pressure above 12 years old is higher than 130 / 90mmhg.

Wang Wei analysis, there are two main factors that cause hypertension in children: First, there is a family history of hypertension.

Children and adolescents with a family history of essential hypertension accounted for more than 50%.

As long as one parent has primary hypertension, high blood pressure may occur in his or her children.

The first is obesity.

According to the survey, obese children are three times more likely to have high blood pressure than non-obese children.

Because the body size of obese children increases, the metabolic products and the body’s oxygen consumption increase, so that the burden on the heart is significantly increased, and blood pressure is also increased.

銆€銆€According to Wang Dafu, children and young people have atypical symptoms of hypertension. They often find that their clinical manifestations are not the same as those of adults with high blood pressure. Some children may have no obvious symptoms, and some children may also have symptoms.Headache, but because it is not too strong, it may even be mistaken for other systemic diseases.

Some symptoms of hypertension in children and adolescents should be brought to the attention of parents, such as growth retardation, nausea, vomiting, irritability, inactivity, visual impairment, and even facial nerve palsy, stroke, cardiac insufficiency, etc., should be timelyGo to the hospital for further treatment.

銆€銆€Dr. Wang reminded parents that although mild hypertension in adolescence may not have any self-conscious symptoms for a long time, it can slowly damage blood vessels, heart, kidneys and brain in the body, and some people without any discomfort.A ruptured blood vessel, arteriosclerosis or high blood pressure suddenly suffocates.

Studies have shown that when people are in their 30s and 40s, in the case of high tension, the incidence of fatal hypertension in people with a history of adolescent hypertension is higher than normal.

American studies have shown that young patients with hypertension have a higher long-term mortality rate and a shorter life expectancy.

It is more harmful than middle-aged and elderly people.

Therefore, it is absolutely impossible to take care of high blood pressure among adolescents and children.

銆€銆€鈻?Five ways to prevent children’s high blood pressure, focus on key populations.

Genetic factors play an important role in children’s hypertension.

Therefore, if any of the parents has high blood pressure, the child becomes the target of prevention.

銆€銆€Second, to avoid obesity.

Obese children who exceed 15% of the standard weight are at risk for high blood pressure.

The cause of obesity is the need for physical metabolism. The blood output and blood volume of the heart are higher than those of normal children. Over time, it will cause blood pressure and heart hypertrophy.

Studies abroad have shown that 50% of high blood pressure children are obese children.

The main measures to prevent obesity are to control overnutrition and increase physical activity.

Nutrition experts recommend drinking low-fat milk after the age of two, especially those who are already obese.

Smaller children should limit sweets, not drink high-sugar drinks, fasting crushed and high-fat foods, and encourage more vegetables, fruits, and coarse grains.

Give your child time to play, let the child consume too much in the activity and avoid too much.

銆€銆€Third, prevent excessive salt.

In a dietary survey of children with high blood pressure, 60%-70% of children were found to have high salt, high sugar, high feces, low calcium, low magnesium, low vitamin and low cellulose foods.

Children should be encouraged to eat light diets from an early age. Adults should have less than 6 grams of salt per day, and children should be reduced to less than 1/3 of adults. Choose a diet that replaces calcium and potassium because calcium and potassium all lower blood pressure.

銆€銆€Fourth, cultivate good living habits and regular work schedules.

Full sleep is very helpful in preventing high blood pressure. It is not allowed to develop a habit of staying up late like an adult and limiting the time spent watching TV.

銆€銆€Fifth, regularly measure blood pressure to your child.

Once you find that your child’s blood pressure exceeds the normal standard, don’t make a fuss, so as not to cause tension, let alone antihypertensive drugs.

銆€銆€Parents with hypertension often use their own experience and medications to treat their children, which can easily lead to accidents.

The treatment of hypertension is particularly targeted at individualization, and children have their own unique characteristics of medication. Never use a set of adults.

The child should be taken to see a doctor, a plan developed by a doctor.銆€銆€鈻?To measure blood pressure for your baby, parents should pay attention to three points first, and choose a child-specific cuff according to the age of the child.

The width of the cuff is 1/2 to 1/3 of the length of the upper arm. School-age children generally receive a 6 cm or 7 cm wide cuff on an adult bench sphygmomanometer.

銆€銆€Second, the time to measure blood pressure per day should be fixed so that blood pressure can be accurately determined.

Exercises that are not performed 1 hour before the test, do not enter food and drink, empty the bladder, and be quiet for more than 5 minutes.

銆€銆€Third, in order to rule out abnormal blood pressure caused by stress factors, it is necessary to measure 3 times in a row. The second time is really the blood pressure of the child.

Note that each measurement is separated by 1 minute and the upper arm is lifted 5?
6 seconds, then do the next measurement.

For the sake of caution, children with high blood pressure need to be in 2 weeks.