Core Viewpoint - The article discusses the current state of China's economy, highlighting the challenges in stimulating domestic demand and the impact of external factors such as tariffs and inflation in the U.S. [1] Group 1: Economic Conditions - China's export decline and the unchanged inflation expectations in the U.S. indicate a persistent economic challenge for both countries [1] - Recent policies aimed at stimulating domestic demand, such as interest rate cuts, have been implemented, but their effectiveness is yet to be seen [1] Group 2: Domestic Demand Issues - The traditional methods of boosting domestic demand have proven ineffective, suggesting a need for new strategies [2] - The low proportion of disposable income relative to GDP raises concerns about consumer spending, as previous consumption was driven by real estate price bubbles [4] - The lack of long-term security and insufficient social welfare contribute to a culture of forced savings among the population, limiting consumption [13] Group 3: Structural Economic Challenges - The debate over whether to rely on market mechanisms or planned economy approaches for resource allocation is crucial, as current planning efforts may lead to inefficiencies [8] - The suggestion to cut ineffective infrastructure projects and redirect funds to social security systems raises concerns about potential short-term economic slowdown and increased unemployment [12] Group 4: Housing Market and Consumption - Stimulating the housing market is viewed as a significant way to boost consumption, as home purchases represent a major expenditure for consumers [9] - The financial burden of housing loans on new homeowners indicates a trend of high leverage in consumer spending [10] Group 5: Future Outlook - The need to cultivate a large middle class with high-income jobs is emphasized as essential for sustaining domestic demand [18] - The article questions whether the perceived stagnation in domestic demand is due to a misinterpretation of what constitutes consumption, particularly in light of significant government investment in infrastructure and housing [19]

Group 1 - The core viewpoint of the article discusses the proposed adjustments to convertible bonds by various companies, highlighting the actions taken by their boards and shareholders [1] Group 2 - Gaoce Convertible Bond: The board has proposed a downward adjustment [1] - Baichuan Convertible Bond 2: The article questions the necessity of the downward adjustment [1] - Huat Gas: Shareholders plan to reduce their holdings by no more than 2% of the company's shares [1] - Jingyuan Environmental Protection: Directors and senior executives plan to reduce their holdings by no more than 1.18% of the company's shares [1] - Shanshi Convertible Bond, Fumiao Convertible Bond, Weixin Convertible Bond, and Lvyin Convertible Bond: No downward adjustments are proposed [1]

Group 1 - Shareholders of Jinpu Garden plan to reduce their holdings by no more than 1.91% of the company's shares [1] - Shareholders of Xinqianglian plan to reduce their holdings by no more than 1.89% of the company's shares [1] - Hengbang shares received a regulatory letter for failing to disclose information in a timely manner [1] Group 2 - The Snowy Yong convertible bond and the Qianglian convertible bond will not be forcibly redeemed [1]

最近关注了下广州的房价。 发现附近小区，从 23 年到现在跌了 40%，也就是 22、23 年买卖最活跃的时间买房的，首 付基本亏完了，算一算大多数房子贷款都会比房产价值高。 再跌是不可避免的，没工作的可 能房子不要了也不还了。 断供不断供不太容易看出来 我提一个指标。 放学的时候到小学 幼儿园门口 可能我的样本取样有偏差 我注意到爷爷奶奶接的比例在下降 父母这一辈中年人接的比例在提高 这个数据可以反映出中年人的就业状况。 YEHUA20 @potti 5000点跌到3000点我们也没说什么啊，房子早买十几年翻几倍的不是大把的，股 民才有多少翻几倍的 其实股票跟房子之间的差异还是可以聊聊的。股票跌30%影响不大，但是房价跌30%，人们 却受不了。这是为什么呢？我感觉有以下几点。 第一点，房子自带杠杆。大部分人买房子都是首付30%。也就是三倍杠杆。你如果买股票也 三倍杠杆，跌30%就是爆仓。账户清零。你也受不了。 第二点，房子的流动性没有股票好。股票基本上能够随时卖掉。最多也就爆仓了。但是房子 卖不掉。比如燕郊的房子跌了50~70%。不光首付跌没了。还欠银行一屁股债。你想卖还卖不 掉。翻译成股票的就相当于你的股 ...

在一个生产力过剩的时代，为什么我们还要内卷？ 资水 这个问题极其深刻，且容我较长篇幅阐述一下。 先说答案， 卷，是因为中国成为了一部"经济机器" 。 人类历史上有好多部战争机器或经济机器，如秦王朝和蒙古王朝就是战争机器，大英帝国和 二战后的美国就是经济机器。 机器的特征，就是一切制度为了战争或经济，整个社会全部被 动员，在战争或商业活动中获利，形成正反馈，这种正反馈进一步加强了社会动员，形成滚 滚洪流。 机器的惯性是巨大的，一直会持续到结构失衡造成瓦解。 中国成为经济机器，是从1980年改革开放开始的。制度层面， "以经济建设为中心"作为总 纲，各级地方政府全部以GDP作为绩效考核指标，于是社会被动员 。这时期主要是国内品牌 与国外品牌的竞争，如家电行业的海尔格力与日立三星等的竞争，汽车行业的比亚迪吉利与 大众丰田通用的竞争、通信行业的华为中兴与诺基亚爱立信阿尔卡特的竞争，工程机械的三 一中联与CAT的竞争，日化行业的上海家化与宝洁联合利华的竞争等等。这是经济机器的第 一阶段，卷的方向是进口替代。 2018年以后，国外品牌基本战败，为什么各级政府仍然以GDP为考核指标，继续卷呢？是因 为美国把中国重新定义为战 ...

Group 1 - The core point of the article is that Yongdong Co., Ltd. plans to reduce its shareholding by no more than 1.26% of the company's total shares [1] - The article mentions that several convertible bonds, including We22, Baichang, Shuyou, and Jingao, will not undergo adjustments [1] - Tian Gong Co., Ltd. has recently listed new shares on the Beijing Stock Exchange [1]

顺博合金：关联交易未及时披露，收深交所监管函 九洲集团：股东拟合计减持不超1.78%公司股份 金钟股份：实际控制人的一致行动人拟减持不超0.92%公司股份 本文不构成任何投资建议，仅为信息分享。任何因本文导致的投资行为发生的亏损，本公众号 及作者概不承担任何责任。 集思录(www.jisilu.cn)是一个以数据为本的投资理财社区，专注于新股、可转债、债券、封闭 基金等数据服务。我们的理念是在保证本金安全的前提下，使资产获得稳健增长。 快捷查询： 搜索公众号"jisilu8"添加我们 灵康转债，东材转债，瑞丰转债，九强转债：不下修 关注集思录微信 特别提示 ...

Core Viewpoint - The article discusses an individual's financial situation and considerations for early retirement, highlighting income, expenses, assets, and liabilities, while reflecting on lifestyle choices and future plans [1][6]. Income Situation - The individual has a monthly net income of approximately 33,000 yuan, which includes salary and housing fund contributions [2]. - The individual has been investing in stocks for eight years, achieving an average return of 8.5%, but expresses concern over the volatility and sustainability of these returns [2]. Expense Situation - Fixed monthly expenses include a mortgage of 2,200 yuan and living expenses of 1,500 yuan. There are plans to purchase a car, which may increase future expenses [3]. - The individual currently lives in company-provided accommodation, with rent deducted from salary [3]. Asset Overview - Total assets include 150,000 yuan in cash, 50,000 yuan in a housing fund, approximately 2.8 million yuan in investment accounts, and a property valued at around 700,000 yuan [4]. - The individual has a net asset value of 2.5 million yuan, excluding the property from the calculation due to its market variability [6]. Liability Overview - Liabilities consist of a mortgage of 150,000 yuan, consumer loans of 150,000 yuan, and 200,000 yuan allocated for managing parents' finances [5]. Retirement Plans - The individual is considering early retirement due to dissatisfaction with current employment and a desire for a simpler lifestyle, believing that a 6% annual return on existing assets would suffice for future expenses [6]. - The individual expresses curiosity about activities post-retirement and reflects on the experiences of others who have retired early [6]. Lifestyle Considerations - There are discussions about the implications of being single at 35 and the potential for regret if not pursuing relationships or family [8]. - Suggestions are made regarding engaging in hobbies or entrepreneurial activities post-retirement, emphasizing the importance of maintaining social connections and financial stability [9][11].

2024年时割了点消费股买可转债，可转债历史业绩不错，之前靠这个也赚了点，下有保底很 少会亏钱，越跌就要越加仓，结果重仓在鹰19吃2个跌停，其他几个也亏了些，回了点血还是 决定割肉卖掉，玩不起，再也不敢碰转债了，后来也涨到115，现在转债也都新高了，很多是 翻倍涨。 首先我不是买超短线，持仓周期少说也会超一年。 买的第一个股票是海信电器，2017年买的，当时的逻辑是中国家电出口，海信电视市场竞争 力很好，后来海信收个东芝什么部门，反正这公司就是年年亏钱，越亏越多，那会论坛都说 以后电视没人看了，18年又是大熊市，亏了一半扛不住就清仓了，卖掉后它突然不亏钱了， 没多久股价翻倍了。 海信亏钱后我痛定思痛，决定做好人买好股，挑了几个利润稳定股息高的公司，华润三九、 宁沪高速、建设银行、中国神华、结果就是人家牛市我熊市。论坛说高速经营权要到期了， 有高铁高速没用了，房地产崩了会对银行影响很大，煤炭是高能耗以后都是新能源。2022年 逐渐都卖掉了，很快这些十几年都没有大涨的股票翻倍了... 卖掉高股息，看到消费股已经跌了不少，消费股是历史长牛，以前论坛都吹这个好，这毛那 毛核心资产什么的，重仓出击，长期持有，所以就一直 ...

前几天中学几个老同学聚会，今天我突然想起个事情，又去看了聚会照片确认了一下，那就是， 参加聚会的同学都没戴眼镜。我们都是北京市某重点中学的，学习在当时算比较用功的吧。 而我家孩子他们班，还是小学，感觉目前90%都已经近视了，一半以上戴眼镜，还有许多白天不 戴眼镜但晚上用OK镜的。 我觉得不是户外时间不够的问题了，因为每天练田径的体育生也都近视了。 原来我会套用自己的经验，学习凑合弄弄成绩就还行，认真学学成绩还能好点，最后怎么也能上 个大学。孩子为什么学习这么费劲呢？ 但他们老说现在和过去不一样的，现在学的难，都提前学，找家教，竞争特别激烈，我就搞不 懂，那能咋激烈？ 但是上周LOF套利连续跌停，只跑出去不到10%的人，我也没跑出去，让我有了点不同的感悟。 就是市场容量有限，众所周知的事情，就是竞争激烈。 好好学习，上好学校，找好工作，拿高薪，已经成为全社会众所周知的独木舟。家庭倾全力用尽 各种资源想让孩子抢占个位置，现在就是比过去难了。我上学时候不同学校可能最后收入差距还 没那么大，这几十年发展，差个10倍有了吧。 其实我觉得股市也会越来越难，我前两年就感觉。老一代勇敢的股民慢慢老去，新股民基民都会 比原来具 ...