月度归档 2024年4月10日

Zuckerberg talks about Tik Tok’s overseas version: It is doing very well and will push independent apps to compete with it.

  On October 1st, The Verge, an American technology news website, published the recorded manuscripts of two internal meetings of Facebook in July. Zuckerberg, CEO of Facebook, talked deeply about the difficulties and challenges faced by the company. Notably, in the Q&A session with employees, Zuckerberg mentioned TikTok, a competitor from China. Zuckerberg said that he was developing a product called Lasso to compete with TikTok.

  TikTok is the overseas version of ByteDance’s popular short video App Tik Tok. In the past, China’s Internet products were often concentrated in emerging markets such as Southeast Asia, but TikTok successfully swept the mature markets including the United States and Japan.

TikTok IC diagram

  The employee’s question is: "Are we worried about the growing cultural influence of TikTok among young people and Generation Z (people born between the mid-1990s and 2000)? What is our blocking plan for this? "

  Zuckerberg said, "TikTok has done a very good job. One thing that deserves special attention is that in the past, the picture of the Internet world was that American companies mainly provided various services, while China companies mainly provided similar services in China. For example, Tencent is trying to bring some products to Southeast Asia, and Alibaba is also expanding payment services in Southeast Asia, but overall, this global expansion is very limited. "

  "TikTok, founded by ByteDance, is really the first consumer Internet product launched by a China technology giant that can achieve worldwide success. And it began to get good results in America, especially among young people. It has also grown very fast in India, and in terms of scale, Instagram is a thing of the past in India. So this is a very interesting phenomenon. " Zuckerberg said.

  "We think so: TikTok is a combination of short, immersive short videos and browsing. Just like the Explore Tab we use on Instagram, this function is mainly about displaying and highlighting different feed posts. TikTok is like exploring a story, which is the whole application. Then there are creators who are committed to creating content. "

  Zuckerberg revealed, "Therefore, we have many measures to develop in this area. We are developing an App product called Lasso, hoping to adapt to the markets of Mexico and other countries. This is the earliest one. Next, we will see if it can be launched in countries and regions where TikTok is not particularly influential (referring to Lasso), and then compete with it in countries and regions where TikTok has a large market. "

  Comprehensive report by The Paper reporter Chen Yuxi

360 new streaming media rearview mirror opens the era of intelligent driving for the whole people

  On May 8, 360 mobile phone N series and 360 smart new product launch conference was held in Beijing. At the press conference, Deng Qiuwei, president of 360 Intelligent, presented the new product "360 intelligent cloud Mirror S800" with the driving recorder.

360 conference

  Insiders pointed out that the number of cars in China has been rising year after year, the road driving environment has become more and more complicated, and the problem of driving safety has attracted much attention.

360 conference

360 conference

  In the era of great security, smart cars deepen the 360IoT ecology.

  In recent years, with the rapid development of the Internet of Things, everything related to human production and life is closely connected with the Internet, giving birth to wearable devices, smart homes, car networking and so on.

360 conference

  As an Internet company known for its "security", 360 has gradually expanded its development direction from online network security to the big security category of offline life scenes in recent years.

  Previously, in the 360 smart cameras introduced by 360, the artificial intelligence algorithm combined with image deep learning technology can accurately identify human-shaped changes, prompt users of dangerous situations in time, and ensure the personal and property safety of users.

  The 360 sweeping robot released at the end of 2017 is implanted with driverless technology to help housewives and urban white-collar workers free themselves from busy household cleaning work. The above-mentioned 360 smart products all implement artificial intelligence technology into the physical products and specific businesses, and constantly strengthen and expand the IoT ecological layout of 360.

360 conference

  Fundamentally solve the problems of blind spots in driving rear view and hidden dangers in manual control equipment, which is also a brand-new practice and exploration of IoT ecological layout in 360 under the background of great security trend.

  Streaming media rearview mirror, 360 driving recorder adds power.

  At the new product launch conference, the 360 intelligent cloud Mirror S800 attracted participants’ attention with its 8.8-inch high-definition screen and simple and atmospheric design appearance.

360 conference

360 conference

  At the same time, it is equipped with HDR wide dynamic range imaging technology, intelligent voice interactive system with 100,000 deep learning trainings, ADAS advanced driver assistance with visual ability and 360 OS for Car operating system independently developed by 360, which further aroused the participants’ attention and hot discussion on the 360 intelligent cloud Mirror S800.

360 conference

360 conference

360 conference

  According to the report "2017 China Intelligent Driving Recorder Market Special Analysis" released by Analysys, from the second quarter of 2016 to the second quarter of 2017, 360 Driving Recorder occupied the leading position in the industry with its excellent user reputation and brand effect. In the whole year of 2017, the shipment of 360 driving recorders exceeded 2 million units, and the cumulative sales since 2015 has exceeded 6 million units.

  With the advent of the 360 intelligent cloud Mirror S800, the composition of 360 smart products has become richer and richer, and it can meet the needs of more users in different life scenarios. The development of 360 in the driving recorder industry will also open up a new runway under the leadership of new products.

360 conference

  360 mobile phone N7 release: large memory and long battery life to create a lasting high-energy gaming experience.

  In addition, at this conference, the long-awaited 360 mobile phone N7 also appeared together.

360 conference

360 conference

360 conference

360 conference

360 conference

It sold 279,800 copies of AITO’s M5 Smart Driving Edition.

  [car home new car goes on the market] On the eve of the Shanghai Auto Show on April 17th, the (|) smart driving version of Huawei ADS 2.0 (Huawei Advanced Driving System) was officially launched at the full-scene conference of Huawei, and the new car was officially launched.A total of four models were launched.The price range is 279,800-309,800 yuan., the purchase price of HUAWEI ADS 2.0 advanced intelligent driving service software function package is 36,000 yuan (one-time buyout), and the subscription price is 7,200 yuan/year and 720 yuan/month.

Wen Jie M5 Zhijia Edition Guiding price car make and model Price (ten thousand yuan) rear-guard 27.98 Four-wheel drive 29.98
Wen Jie M5 pure electric intelligent driving version Guiding price car make and model Price (ten thousand yuan) rear-guard 28.98 Four-wheel drive 30.98

Home of the car

Home of the car

Home of the car

Home of the car

  In addition, at the press conference, ask M9 also.Officially open pre-saleThe new car will be officially launched in the fourth quarter of 2023, and the estimated price is 500,000-600,000 yuan. The new car will have an extended-range version and a pure electric version. Now, if you book, you can enjoy the benefits of doubling the intentional payment (5,000 yuan to 10,000 yuan), giving priority to experience, giving priority to test drive, giving priority to delivery, and attending the press conference/visiting the factory. Yu Chengdong said at the press conference that,M9 will be the strongest product in 10 million.!

Wen Jie M5 Zhijia Edition

Home of the car

Home of the car

Home of the car

Home of the car

Home of the car

Home of the car

  The overall shape of the new car has not been adjusted much, but the configuration has been improved obviously. The dual-lens headlights have a wider irradiation range and will be equipped with a brand-new 20-inch wheel rim. At the same time, the drag coefficient is 0.26Cd (pure electricity) and 0.28Cd (extended range) respectively. In addition, the new car will also be equipped with a magic car interface to achieve instant connection.

Home of the car

Home of the car

   Of course, the most important thing is that the laser radar is added to the roof.Wenjie M5 Smart Driving Edition is equipped with 1 laser radar, 3 millimeter-wave radars, 11 camera groups and 12 ultrasonic radars, with a detection distance of 200m.The computing unit has also been replaced by Huawei’s self-developed MDC intelligent driving computing platform, which has1GB/ s data processing capacity enables it to complete 360-degree full-range coverage and full-range sensing.

Home of the car

Home of the car

  HUAWEI ADS 2.0 is upgraded on the basis of 1.0, and the road topology-based reasoning network is further enhanced, so that various road elements such as roads and traffic lights can be understood even without high-precision maps. In addition, this system can cover 90% of urban scenes, and it can also pass smoothly at complex intersections and scenes where people and vehicles are mixed. It can take the initiative to overtake and change lanes, which greatly improves travel efficiency.

Home of the car

  In addition, the NCA (Intelligent Pilot Assistance) experience of the new car has also been upgraded, and the ability to face up and down ramps, obstacle avoidance, road construction and other scenes has been further improved at high speed, which has increased the average manual takeover mileage from 100km in HUAWEI ADS 1.0 to 200km. When merging into the expressway, the system monitors and predicts the vehicle behavior of the surrounding target lanes in real time, and executes the best interaction strategy, which is fast and efficient, with high success rate. When approaching the high-speed exit, the system changes to the exit lane in advance according to the surrounding comprehensive road conditions to avoid the embarrassment of "missing the exit" in unfamiliar environment.

   The intelligent parking function will include APA (Intelligent Parking Assistance), RPA (Remote Parking Assistance) and AVP (parking service Assistance), among which AVP is expected to be functional by the end of 2023.

Home of the car

  In terms of power system, the M5 version of Zhijie still adopts extended hybrid and pure electric versions. The extended range of the extended hybrid version uses a 1.5T engine, with a maximum power of 152 horsepower, a rated power of 60kW of the extended range generator, a comprehensive peak power of 200kW, a fuel consumption of 0.53L/100km under WLTC, a pure electric endurance of 255km and a comprehensive cruising range of 1425km. The pure electric version is expected to continue to provide the rear drive version and the four-wheel drive version. The maximum power of the rear-drive motor is 272 HP and the peak torque is 360 Nm. The total power of the four-wheel drive motor is 428 HP or 496 HP, and the peak torque is 720 Nm or 675 Nm.

Wen Jie M9

Home of the car

Home of the car

Home of the car

Home of the car

  Wenjie M9 locates a large SUV with a body length of 5230mm and a wheelbase of 3110mm. It can be seen that the new car will adopt a brand-new design style, and the headlights will be rounder in shape, and it is suspected that they will be equipped with penetrating light strips. In addition, the new car will also adopt a similar two-color body design and large-size wheels, and the side looks very luxurious.

Home of the car

Home of the car

Home of the car

Home of the car

Home of the car

  The interior of the new car will adopt three rows and six seats, and all three rows of seats support electric adjustment, which can realize the 3/4/5/6 seat mode change at will. The car will also be equipped with HarmonyOS cockpit and OS 4 system, which can realize 75-inch large HUD display, and will also be equipped with HUAWEI ADS 2.0 advanced intelligent driving system. In addition, the new car will also come standard with air suspension.

  Editor’s summary:

  This time, the M5 Smart Driving Edition is mainly aimed at upgrading the driver assistance function, and the hardware is also upgraded accordingly, which has a strong flavor of showing muscles. After all, for these new brands, the hard power of scientific and technological functions is their most brilliant place. The better they do, the more they will help to stand firm. (Text/car home Zhou Yuxuan)

[2018 Online Media Ningxia Tour] Rice and Fishery Space Eco-tourism Park: the "online celebrity" of leisure tourism in Yinchuan Metropolitan Area

  At 22: 00 on August 14th, Hualong. com (special correspondent Luo Hao) On August 14th, more than 50 online media reporters from the northern line of Ningxia, a national online media, came to Ningxia Rice and Fishery Space Ecological Leisure Sightseeing Park in Sishilidian Village, Changxin Township, Helan County, Yinchuan City after finishing the interview in Shizuishan City.

  When I got off the bus, a neat piece of rice fields came into view, followed the steps to the observation tower in the garden, climbed high and looked far, and the pastoral scenery of full of green was panoramic. Different varieties of colored rice also made the online media reporter shout, "No wonder Yinchuan has ‘ Plug in the land of fish and rice in the south of the Yangtze River ’ The reputation of ".

  In 2016, Shilidian Village, Changxin Township, Helan County established Guangyin Rice Industry, Rice and Fishery Ecological Industry Sightseeing Park. In 2017, a rice fishing space was established, covering a total area of more than 3,600 mu.

  The rice and fishing space makes full use of agricultural and environmental resources, and builds a Yellow River Jin ‘an leisure agriculture industry demonstration base which integrates organic rice characteristic ecological agricultural production, fishery breeding, catering and fishing, sightseeing, leisure and entertainment, wedding photography, organic agricultural product processing, e-commerce sales and farmers’ training.

  "It’s not that I boast, we are really a leisure tour in Yinchuan metropolitan area ‘ Online celebrity ’ Point, it became a fire as soon as it was established last year, and a large number of tourists flocked to this piece of land with paper and rice and grass as pigments ‘ Painting ’ An idyllic complex. " Zhao Jianwen, the person in charge of the rice and fish space, said, "This place is not only suitable for gathering relatives and friends, but also suitable for bringing children to play. Children like to touch fish and pick up duck eggs in rice fields very much. According to statistics, in 2017, the rice fishing space received a total of 190,000 tourists, and it reached 150,000 in the first half of this year.

  Rice and Fishing Space has also conducted all-round training for leisure and organic agriculture practitioners, and radiation has driven 500 farmers to become rich.

  The innovation of the spatial pattern of rice and fishery is not only a beneficial exploration of the pilot work of the integration of the three industries in Helan County in recent years, but also provides important technical support and demonstration for the economic development of "agriculture+tourism" in the whole region. In recent years, leisure agriculture and rural tourism in Ningxia have developed rapidly, with nearly 900 related business entities, benefiting 170,000 farmers.

Old Hong Kong stars cluster together in Tik Tok, which is a bit of a painting style. ……

  The writer of this article is @Noodles of Xiaowan family.

  The shadow bugs in the world all begin with movies that eat away at the world.

  No star can guarantee that he will always be popular.

  Those who became famous overnight, or those who worked hard,The star aura will fade sooner or later..

  However, the fading of the aura mentioned here actually mainly means that the film and television works are less or relegated to a secondary role, which does not mean that they are really "out of breath".

  Carman Lee and Benny Chan’s "Embarrassing Dance"

  For example, outside the big screen and screen, on the short video platform.You can often brush some familiar faces.Then click on their homepage and find that the number of fans is millions, which is not as lonely as you think.

  Indeed,Short videos are becoming a place for the older generation of stars to gather popularity again.Sometimes a video clip and a beauty mix can make them turn red quickly.

  For example, the 1.8 billion broadcast shared before, this old film unexpectedly shot to fame in Tik Tok, which made Zhu Shimao fire again.

  Today, we choose a few of them.LaogangxingSee what their styles are in Tik Tok.

  First of all, look at the first place, the eternal "Zhan Zhao" in the hearts of countless audiences.Kenny Ho.

  Kenny Ho in his thirties.

  Handsome Kenny Ho relies onMan called hero.The Chinese heroes in the movie andBao Qingtian.Zhan Zhao in the series has become a generation of heroes in the hearts of mainland audiences, and his "Zhan Zhao" has been irreplaceable for more than 20 years.

  Kenny Ho, 60 years old.

  Although he has already retired for many years, Kenny Ho insists on fitness all the year round, and he can’t see that he is already.61 years old"Old age".

  Most of the videos released by Kenny Ho on Tik Tok are also related tofitnessandScientific dietYes, there are a series of demonstrations of fat burning action, which is not difficult.

  Another immortal male god similar to Kenny Ho isThe Bund"Li Ding" in the movie.Ray Lui, this year65 years old, also often share a lot.Home fitness actionandHealth "tips".

  Donnie Yen, Carina Lau, Rosamund Kwan and other friends have all appeared in his small video, and Lv Liangwei also loves painting.Chinese paintingThe cover of his home page is a picture of a peacock he drew.

  After talking about the immortal male god, let’s look at the immortal goddess-"Little Dragon Girl"Carman Lee.

  Since her official comeback in 2014, Carman Lee has appeared more and more frequently on the online platform. She plays with Tik Tok with a young mind and often ranks in the forefront of the list of love DOU.

  In addition to continuing the "fairy" painting style, Carman Lee also likes hair.fitnessVideo.

  Last year, Xiaowan shared an article about the nine years when the little dragon girl disappeared. What did she experience? Why did the little dragon girl become a fitness expert? There are answers.

  Similar to Carman Lee is "Zhou Zhiruo" in the 1994 edition of "Eternal Dragon Slayer".Kathy CHAU; Chow Hoi Mei.

  Kathy CHAU was a great beauty in the 1980s and 1990s, and her Hong Kong beauty videos have been widely played in Tik Tok, bilibili.

  After the new millennium, she entered the mainland and appeared in many costume dramas, such as Legend of the Condor Heroes and Legend of Wu Mei Niang, while Kathy CHAU, who has reduced her performance in front of the stage in recent years, showed it to her heart’s content in Tik Tok.Enjoy the lazy attitude of life.

  Most of the videos sent are related tofood and clothingtravelpetAbout, the style of painting is both cute and funny. No wonder the personal label says "I’m Garfield, I love sleeping".

  A great beauty who also became popular as early as the 1980s.Irene WanThere is also a Tik Tok account.

  The goddess is 54 years old this year, and her appearance and figure are in good shape. However, the video is full of beautiful girlish style, which is relatively lacking in personal characteristics, so the number of fans is low.

  Deric WanIn those days, it was familiar to countless audiences.TVB hong kong drama spokespersonWhen he was young, he became famous for his high face value and his free control of positive and negative angles.

  However, due to the complicated love story and the complicated gossip, Deric Wan’s popularity after 2000 is no longer the same as before, and his TV series is also inferior to that of TVB, so he gradually became silent.

  Nowadays, uncle Deric Wan, who is over 50 years old, often.Bask in one’s daily life, especially the video of my daughter.

  After the starlight and the ups and downs of life,Return to and enjoy the mundane lifeActually, it is a good choice.

  This is also the same point of many old Hong Kong stars mentioned above, and it is also another support point for them to continue to gather popularity beyond their actor status (past classic roles and sentimental cards).

  After all, in the era of short video, everything is necessary.have/keep both feet on the ground.

  Note: Some pictures in this article are from Douban and the Internet. If there is any infringement, please contact us actively.

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  [Noodles previous articles]

  Click to read

  Besides donating schools, how many people has Louis Koo helped?

  9 points Chinese conscience drama, owe it a hot search.

  A generation of sexy and precocious goddesses, from the age of 14 to today.

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2023 Chengdu International Auto Show: large-scale, high-standard, popular and effective.

The 2023 Chengdu International Auto Show is not only a hearty car buying feast, but also a diverse festival carnival, and it is also a dedication performance of "Chengdu has achieved its dreams and achieved its market". ……
Guests bring rain, and rainy days bring wealth.
August 25th, 2023. Western China International Expo City. The 26th Chengdu International Automobile Exhibition was grandly opened in the intermittent autumn rain.

After three years of epidemic and the growing voice of "consumption degradation", the automobile market urgently needs a "happy rain" to boost market confidence, promote automobile consumption and release industrial vitality.
As the largest auto show in the west, Chengdu International Automobile Exhibition has long been not only a platform for major manufacturers to display new cars and new technologies, but also a weather vane and compass for automobile consumption in the west.
Therefore, at this year’s Chengdu Auto Show, we not only saw the gathering of 129 world-renowned automobile brands including German, American, legal, Japanese, Korean, joint venture and independent, but also saw the influx of senior executives of major automobile brands. The importance of Chengdu Auto Show can be seen.

The figures are undoubtedly the best explanation: on the first day of the opening ceremony, Chengdu Auto Show held 66 new car conferences, and unveiled 68 first-time models, including 26 world-first models, 31 national first-time models and 11 regional first-time models; More than 3,400 media and 9,900 journalists were present.
"This is the Chengdu Auto Show with the largest scale, the highest specifications and the largest number of participating brands I have ever seen. The status and value of Chengdu Auto Show are becoming more and more prominent. " At the "2023 China Auto Pioneer Forum" on the opening day of the auto show, Liu Xiaoyong, president of Auto Watch magazine, one of the organizers of the forum, said with deep feelings.

The "2023 China Auto Pioneer Forum" with the theme of "Hot AI" has been widely participated and praised by people from all walks of life in government, manufacturers, industry and media. The forum conducted in-depth discussions on how the new technological revolution represented by AI will reshape the ecology of the automobile industry and how to empower automobile marketing, leaving a colorful color for the 26th Chengdu International Auto Show with a cross-disciplinary ideological confrontation and wisdom collision.
There are many new cars, media like clouds, pioneer forums and high-level gatherings ….. It cannot be said that this year’s Chengdu Auto Show is very "international". But you think this is all the highlights of this year’s auto show, and you are wrong.
In addition to the exhibition hall of nearly 200,000 square meters in the West International Expo City, the Chengdu Auto Show has already extended the "booth" to a broader space in the city.
This is a scene that can only be seen at Chengdu Auto Show: on the opening day, many classic cars such as Ferrari, Porsche, Aston Martin and Bentley took "Running through Rongcheng" as the theme, and from Sanhe Classic Car Museum to Xibo City via Tianfu Avenue, passers-by all stopped to watch and share their passion.

Not only that, this year’s auto show also brought an auto show aesthetic party in conjunction with Wangfujing Department Store, and built a small red book Cheyouhui chengdu railway station in conjunction with Xiaohongshu. The fashion aesthetics kept playing, and the car was modified to the end.
In addition, the online promotion of the auto show is also synchronized, creating a wonderful night-to-night live broadcast of the auto show, deeply combining with Sichuan observation and leading a large number of talented anchors to broadcast the grand event of the auto show in real time, and showing the charm of the auto show in all directions. There is also a car model billboard on the Tik Tok platform, which can call your favorite car model with one click, and fully ignite the public’s enthusiasm for watching and playing cars.
In fact, this is not the most exciting. It has always been a habit of Chengdu people to buy a car at the auto show, because cars are more polite and affordable. This year, in order to maximize the sales of participating brands, the organizing Committee of the auto show is even more "unprecedented ‘ Money ’ For example, the activity of "the highest cash prize of 49,999 yuan for car purchase" was launched, one per day. At the same time, there are also five cash gifts of 4999 yuan and many trendy digital gifts of hundreds to thousands of yuan every day.

There is a real boldness in the big hand. This means that the ten-day auto show, just a lottery, the auto show organizing Committee will send more than one million.
In the conspicuous position of this year’s investment promotion manual of Chengdu International Automobile Exhibition, a sentence is written: "Enjoy Rongcheng, promote industry, strengthen economy and control the future". The seemingly simple 12 words mean the mission of Chengdu Auto Show for many years.
Ms. Yang Huilan, general manager of Chengdu Convention and Exhibition Center, said: "This year, in addition to upgrading the auto show, we also shoulder the heavy responsibility of boosting market confidence and driving the recovery of industrial kinetic energy. How to attract more consumers to the scene and help exhibitors sell cars is the top priority of our work. "
This year’s Chengdu International Auto Show will not disappoint car buyers. In addition to the car purchase gift prepared by the organizing Committee of the auto show, the organizing Committee also specially joined forces with major automobile manufacturers to jointly bring the biggest discount for car buyers to buy cars at the reserve price. At the same time, in order to reassure consumers, the organizing Committee also selected nearly 100 popular models in conjunction with more than 20 mainstream brands to provide in-depth test drive services for car buyers at the auto show.

Not only that, in addition to striving for more and greater benefits for car buyers, this year’s Chengdu International Auto Show has also made great efforts to benefit the people and facilitate the people: the auto show site has not only added a number of consulting services, maternal and child lounges, large luggage storage, infirmary and other humanized services, but also equipped with free drinking points, mobile phone charging piles and other infrastructure; In the parking area and outdoor square outside the exhibition hall, there are "free bus shuttle bus" and "free battery car ferry" for seamless connection, which can be described as the service to consumers’ hearts.
Large scale, high specification, popular and good effect. This is undoubtedly the emerging advantage and charm of this year’s Chengdu Auto Show, which is both international and full of fireworks. The two complement each other, just like a window opened to the world. Through this window, the world will not only see a hearty car-buying feast and a multi-faceted festival carnival, but also a show of "Chengdu has achieved its dreams and achieved its market".
From now until September 3rd, the 26th Chengdu International Automobile Exhibition will continue to be staged in the West China International Expo City. If you want to feel how "enjoying Rongcheng intelligently and seeing the future" works, you may wish to check in. (Qin Tongzi)

Discount and big price! The 2023 Chenzhou Spring Auto Show opened today.

On April 14th, "Huidong Beihu Enjoy Life" 2023 Chenzhou Spring Auto Show (the 9th Car Buying Festival of China People’s Insurance Company and the 12th Southern Hunan Automobile Culture Festival) was grandly opened in Wuling Square.

The auto show will last for four days. Joint venture brands such as Guangqi Honda, FAW-Volkswagen, Buick, Changan Ford and FAW Toyota will all bring the latest models to the show. Independent brands such as Hongqi, BYD, Changan Automobile and Harvard will make a collective appearance. Dozens of mainstream auto brands and more than a thousand models can meet the needs of various people. Exhibitors have also introduced preferential measures such as straight drop, discount, full reduction and reduction, which have attracted many citizens to come to watch the exhibition and buy cars.

In front of Guangqi Honda booth, the slogan "0 yuan to open a new car" is particularly eye-catching. Citizens have zero pressure to buy a car. The down payment is as low as 20,000 yuan, and they can enjoy 12 installments of 0 interest at the highest. Stylish and cool models such as Stylish, Haoying, Binzhi and Zhizhai have attracted many citizens to take a test drive. "This car has a stylish appearance and a high quality interior. I like it very much." Mr. Liu, a citizen, took a fancy to a compact SUV of Honda Haoying at a glance.

There are many benefits and gifts at this auto show! Guangzhou Automobile Toyota snapped up the meeting in a limited time, and the purchase tax was up to 10,000 yuan; Zhongtian Ford benefited in a limited time, bought a car at the auto show and sent a 3,000-yuan boutique gift package, ordered a car to enjoy three maintenance times in three years, and participated in the golden egg winning prize. Guanghui Chenzhou Aofeng Audi Auto Show enjoys exclusive 10 surprise policy models, with a maximum subsidy of 8,000 yuan for car replacement and a red envelope gift of 888 yuan for car purchase. BYD Song car purchase to 88 yuan to pay 6888 yuan for car purchase, enjoy 1980 yuan car booking package, and deliver 3000 yuan car delivery package this month; Chevrolet courtesy of the whole city, limited time discount of 20,000 to 70,000 yuan …

In addition, the replacement of new energy vehicles can be applied for a subsidy of 5,000 yuan through the local area of China UnionPay "China Unionpay Quick Pass" App (according to the Implementation Rules for the Application of Replacement Subsidies for New Energy Vehicles with Purchase of Hunan Cars in 2023). The government has also issued a car purchase subsidy with a total amount of 176,500 yuan. If citizens book cars during the auto show and complete the payment before April 30, they can withdraw a maximum of 5,000 yuan in coupons.

In addition to the ultra-low preferential policies and exquisite gifts, there is also a beautiful online celebrity anchor at this auto show. These online celebrity anchors broadcast live auto shows on platforms such as Tik Tok and Aauto Quicker, and made "cloud recommendation" for auto shows from the perspectives of exhibition area tour, vehicle selection, live event and test drive experience.

The exhibition is still going on. People who want to buy a car or like a car in the near future can visit the site for a test drive, with rich benefits and limited time. Go and buy a favorite car!

Editor: Xie Lina

[See you at 8: 00] A cadre from Shaanxi took an Audi car and broke into the venue. The Commission for Discipline Inspection intervened in the investigation.

At 8 o’clock every day, CCTV will sort out the big and small things that happened around us within 24 hours.

[Focus]

● the Central Committee of the Communist Party of China and the State Council issued opinions on supporting Shenzhen to build a pioneering demonstration zone in Socialism with Chinese characteristics.

● The report on the effect of tobacco control in smoke-free cities was released, and the number of smoke-free cities increased significantly. Shanghai, Beijing and Shenzhen scored the top three in tobacco control law enforcement.

● Do rural "married women" have the qualification to divide fields? In 2018, China’s Rural Land Contract Law was revised, stipulating that even if villagers move into cities with their families, they cannot recover their land.

● China ETC service platform is officially put into operation, and car owners can apply for ETC online for free.

● The Beijing No.1 Intermediate People’s Court recently issued a white paper, saying that in the past 10 years, there have been frequent incidents in school bullying, and nearly 70% of juvenile delinquency has been affected by unhealthy networks.

● On the 18th, Fuzhou police informed that FedEx Company of the United States had initiated an investigation into the gun-related express delivery in China.

● PricewaterhouseCoopers released the ranking of the top 100 global market capitalization companies in 2019, and Alibaba and Tencent ranked seventh and eighth.

● Shanxi retired for 14 years and was expelled from the party. He was sentenced to 3 years in prison for contract fraud.

● The Supervision Committee of the Discipline Inspection Commission of Jiayu County, Xianning City, Hubei Province issued a reminder notice on organizing the "school banquet" to rectify the unhealthy trend of "school banquet" and "teacher banquet".

[Expo]

● On the evening of 17th local time, a bomb exploded at the wedding banquet hall of a hotel in Kabul, Afghanistan, which has killed at least 63 people and injured 182 others.

● The Russian emergency service department said that a tourist bus had a traffic accident in the east of Moscow, with 32 Russian citizens on board and 15 people slightly injured.

● 18th, "International Military Competition — 2019 "fell in Moscow. China’s land, sea and air teams won gold and silver in many competitions, such as "suvorov assault", "safe environment", "air darts" and "landing at sea".

● Disagreements among members of Congress who oppose Brexit without agreement have increased the possibility of Brexit without agreement in Britain.

● The Serbian Defense Minister stated that Serbia will not join NATO and will continue to maintain military neutrality.

● Dissatisfied with the forensic judgment of "suicide", Epstein’s team of lawyers said that they would re-investigate.

● On the 18th, the International Sand Sculpture Festival held in Israel opened, and vivid sand sculptures such as beauty and beast, mermaid and ugly duckling were exhibited.

● A study in South Korea pointed out that a kimchi drink helps to thicken the hair on the top of the head and grow new hair within a few weeks.

[hundred States]

● Net exposure A cadre in Dingbian County, Shaanxi Province rushed into the venue by Audi, and the local discipline inspection commission intervened in the investigation, and Zhang Hongxue, deputy director of Dingbian County People’s Social Security Bureau, has filed a case review.

● "A-level scenic spot defense war" in Pingyao ancient city, Shanxi Province, banned 518 out-of-store business households.

● Recently, a firefighter in Anji, Zhejiang Province was killed while rescuing his father and son who fell into the water. Comrade-in-arms recalled: Open his locker, and it is full of medicines for treating falls and injuries.

● On August 15th, a donkey friend was on his way through Gongga Mountain privately, and he was suspected of having a rebellion and died unfortunately.

● The public security organs in Yantai successfully cracked a fraud case of a mega-webcast platform posing as a beauty anchor, and frozen more than 19 million yuan of funds involved.

● Recently, a man in Binzhou City, Shandong Province cursed the collapse of the typhoon building online and was arrested for 14 days on suspicion of seeking trouble.

● A man wearing a security uniform at Beijing South Railway Station claimed that he could bring people into the station quickly and defraud passengers of money. He has been detained by Beijing Railway Police.

Visual sense

● Recently, in Linfen, Shanxi Province, tourists enjoyed the "Rainbow Gate" landscape at Hukou Waterfall of the Yellow River in Jixian County.

● The vending machines in Hortington Beach, USA are completely self-service. If you want to buy a car inside, you need to place an order online, get a token after you pay, and the car will be sent out after you put it in.

[sound]

● "Business as usual is no longer an option, and the dangerous decline of nature is unprecedented."

— — Hyvonnet, secretary-general of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), said.

[face]

● On the 18th, the 2019 Asian Women’s Volleyball Championship kicked off. China’s women’s volleyball team beat Sri Lanka 3-0 to get off to a good start in the Asian Championships.

A serious flood disaster occurred in Ningguo City, Anhui Province. Recently, the office of Ningguo Municipal People’s Government received a total donation of 10,000 yuan. After searching, the anonymous donor named Le Jinmei, 72 years old, is a sanitation worker.

See you at 8 o’clock tomorrow!

Editor: Xiao Xiao Zhu Chunyan

Nearly 150 models! Comprehensive summary of new cars at 2021 Chengdu Auto Show

  [car home New Car Launch] On August 29th, 2021 Chengdu Auto Show was officially opened. There were many heavy models at this auto show, including a new generation of mercedes benz c-class and BMW-modified X3. GAC Toyota (|), KIA Jiahua made in China, and the new commander; A new generation of Emgrand, Tank 400/500, Chuanqi brand-new GS8, BYD Dolphin, QQ ice cream and other new cars have brought you a visual feast. According to our statistics, the number of new cars on the first day of the opening of the auto show is nearly 150. Then, through this summary article, let’s review the new cars that were launched at this auto show and listed and pre-sold.

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● Listing: Audi Q2L

  On August 29th, Chengdu Auto Show officially opened. At this auto show, FAW-Volkswagen Audi officially announced its small SUV.The new Q2L is officially launched, and seven models (elegant and dynamic) are launched, with the price range of 228,800-251,600 yuan..

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  In the front face, Audi’s family-owned polygonal front grille is very recognizable, and the redesigned model has been redesigned for headlights and lamp cavities, with more emphasis on shaping the sense of technology. At the same time, the grille on both sides of the front face of the new car has also added silver decorative strips, which improves the overall exquisiteness.

FAW-Volkswagen Audi Q2L 2022 35 TFSI fashion dynamic type

  In terms of body size, the length, width and height of the new car are 4257(4270)/1785/1547mm respectively, and the wheelbase is 2628 mm. At the same time, the new car will adopt a suspended roof design. At the same time, the sharp rim and the black guard at the side skirt can highlight the cross-border nature of the vehicle.

FAW-Volkswagen Audi Q2L 2022 35 TFSI fashion dynamic type

   In the rear part, the new car will adopt a design similar to that of the front enclosure at the rear enclosure, and the wide silver rear enclosure guard plate is quite eye-catching. At the same time, the two sides of the rear enclosure will adopt an opening design similar to that of the front enclosure, which can form a good echo.

FAW-Volkswagen Audi Q2L 2022 35 TFSI fashion dynamic type

   After entering the car, the new car as a whole still adopts the familiar design. Objectively speaking, the sense of science and technology of this set of interior design has no advantage in the current market. However, we can see that the details of the center console will be integrated with many silver designs, with a more outstanding metallic texture.

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  In addition, the new Q2L RS kit burning model will have Audi RS-exclusive car paint-Kaimola gray car paint, and at the same time, RS-style enclosure kit will be added, including front grille, front bumper, rear bumper and silver exterior rearview mirror. In addition, black grille and LOGO style are also available.

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  For the customized selection of Audi Q2LC column cover, the official will provide a variety of styles to choose from, and even show a personalized model with teddy bear as plug-in configuration.

FAW-Volkswagen Audi Q2L 2022 35 TFSI fashion dynamic type

  In terms of power, the new car will be equipped with a 1.4T turbocharged four-cylinder engine of DJS produced by FAW-Volkswagen Automobile Co., Ltd., with a maximum power of 110 kW (150 HP) and a transmission system matched with a 7-speed dry dual-clutch gearbox.


● Starting: New Audi Q2L YiBo Edition

  At the Chengdu Auto Show, which opened on August 29th, the YiBo version of the new Audi Q2L was officially released. The new car was based on the new Audi Q2L, and YiBo’s name and signature were added to the C-pillar.

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  In the front face, the new car still uses Audi’s family-owned polygonal front grille, and the new model has been redesigned for headlights and lamp cavities, with more emphasis on shaping the sense of technology. At the same time, the grille on both sides of the front face of the new car has also added silver decorative strips, which improves the overall exquisiteness. In terms of body size, its length, width and height are 4257(4270)/1785/1547mm respectively, and its wheelbase is 2628 mm..

Home of the car

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  On the side of the car body, the new car will adopt a suspended roof design, and the sharp rims and black guards equipped at the side skirts can highlight the cross-border nature of the vehicle. YiBo’s exclusive signature at the C-pillar position is also the biggest highlight of the new car. In the rear part, the new car will adopt a design similar to that of the front enclosure at the rear enclosure, and the wide silver rear enclosure guard plate is quite eye-catching. Both sides of the rear enclosure will adopt an opening design similar to that of the front enclosure, which can form a good echo.

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  In terms of power, the new car will continue to be equipped with a 1.4T turbocharged four-cylinder engine with a maximum power of 110 kW (150 HP), and the transmission system is matched with a 7-speed dry dual-clutch gearbox.


● Listing: 2021 Mercedes-Benz S-Class

  At the 2021 Chengdu Auto Show, Mercedes-Benz officially announced that the 2021 Mercedes-Benz S-Class was launched.At this auto show, the 2021 S-class sedan with S 400 L business model, S 400 L luxury model, S 450 L, S 450 L 4MATIC, S 500 L 4MATIC, a total of five model years were heavily listed.The manufacturer’s suggested retail price range is RMB 917,800-1,838,800.

2021 s-class guide price car make and model Price (ten thousand yuan) S 400 L business xing 91.78 S 400 L luxury 108.48 S 450 L 118.48 S 450 L 4MATIC 128.48 S 500 L 4MATIC 183.88

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  Starting from the current Mercedes-Benz CLS, Mercedes-Benz has opened a brand-new design language-long and narrow wedge headlights, triangular taillights and concave polygonal mesh, but it is also from this day that the spit on the appearance of Mercedes-Benz models followed. Obviously, the new generation of S-class continues this design, which makes people have different opinions on the new style of S-class.

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  Compared with the appearance of "show others", Mercedes-Benz has made more efforts in the interior of "show yourself", which has also been shown in the Maibakh S-class released in advance. The overall design idea of the new S-class interior comes from the manufacturing concept of luxury yachts. The center console uses a layered design to accommodate the huge AR-HUD head-up display system, full LCD instrument panel and 12.8-inch OLED central control multimedia touch screen.

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  The 2021 S-class sedan will cover almost all models with more luxury and intelligent configuration, showing a more outstanding luxury flagship style. The whole system comes standard with a 12.8-inch touchable OLED central display, which not only makes the picture quality clearer and brighter, but also makes the operation experience more sensitive and smooth. The models of S 450 L and above are equipped with the rear seat belt delivery device. When the passengers sit in the rear seat and close the door, they don’t need to turn their bodies, and the car will automatically hand over the seat belt, welcoming them to the seat with a safe ceremony. In addition, the S 500 L 4MATIC also comes standard with an "intelligent induction assistant" that supports front and rear row body language recognition, an adaptive rear lighting system that can adjust the lighting position, brightness and color temperature in the car, and rear comfort components, etc., to upgrade the exclusive experience to a higher level.

   In terms of power, the new car has some changes compared with the previously listed models. The S450 and S400 models have been replaced by a combination of 2.5T+ISG(48V), while the S500 has not changed, and it is still equipped with a 3.0T engine. In terms of transmission, the new cars are matched with 9-speed automatic manual transmission.


● Listing:The new Mercedes-Maibakh S 580 4MATIC.

  At the Chengdu Auto Show, which opened on August 29th, the brand-new Mercedes-Maibakh S 580 4MATIC made its official debut.The official price of the new car is 2.388 million yuan.. The new car will be equipped with a light mixing system composed of a 4.0T twin-turbocharged V8 engine code M176 and a 48V motor, and its 0-100km/h acceleration takes only 4.8 seconds.

Mercedes-Maibakh S-Class Guide Price car make and model Price (ten thousand yuan) S 580 4MATIC 238.80

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  In terms of appearance, the new car basically completely continues the brand-new Maibakh S 480 (sold for 1.468 million yuan) which was listed at the Shanghai Auto Show, adopts a brand-new Maibakh-exclusive mid-net design, and has Maibakh’s exclusive double M logo on the C-pillar. However, it is a pity that the two-color body still does not appear on the Maibakh S 580. In addition, the rim also adopts a multi-spoke style instead of the familiar "pie" rim, which has a very strong gas field.

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  In terms of interior, the new car is still made of luxurious materials, and the 12.3-inch full LCD instrument and 12.8-inch touch screen are no longer so dazzling. A large number of Nappa leather packages and Burmester’s 4D surround sound system may be the configurations that car owners are more concerned about. In addition, overseas models will provide a four-seat layout, and two exclusive aviation seats will bring a more luxurious ride experience. It is not known whether the imported domestic version can provide this configuration in the future.

Mercedes-Maibakh Maibakh S-Class 2021 S 580 4MATIC USA Edition

  In terms of power, Mercedes-Maibakh S 580 4MATIC will be equipped with a micro-hybrid powertrain with a 4.0T twin-turbo V8 engine code-named M176 and a 48V motor, which is the only model equipped with a V8 engine among the new generation S-class models in Maibakh. The engine has a maximum power of 503 HP and a peak torque of 700 Nm. The 48V motor provides an additional maximum power of 20 HP and a peak torque of 180 Nm, which makes the 0-100km/h acceleration of the new car only take 4.8 seconds. In terms of transmission, it will match a 9-speed automatic manual transmission and a 4MATIC four-wheel drive system.


● Listing: brand new mercedes benz c class.

  On August 27th, the brand-new mercedes benz c class was officially launched, and the new car.A total of four models were launched.,The price range is 325,200-369,200 yuan.. It is worth mentioning that the car was also unveiled at the Chengdu Auto Show.

Brand-new Mercedes-mercedes benz c guide price car make and model Price (ten thousand yuan) C 200 L sports car 32.52 C 260 L sports car 35.12 C 260 L car 35.12 C 260 L haoye sports car 36.92

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  In terms of appearance, the new car still offers two design styles. The "big standard" model adopts an inverted trapezoidal air intake grille with a single chrome decoration, and incorporates some AMG-style styles in the front enclosure; On the other hand, the "Billboard" model adopts polygonal air intake grille with multi-banner chrome decoration, which is also the exclusive appearance style of China market. The headlights of the new car are more sharp in shape, and the interior is also equipped with eagle-hook LED daytime running lights, which increases its recognition during the day.

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  When you come to the side, the through waistline on the side of the car body is matched with the raised rib line under the door, which makes the visual effect of the new car look muscular. In terms of body size, the new domestic mercedes benz c Class will only provide long-axis models, with the specific length, width and height of 4882/1820/1461mm and the wheelbase of 2954mm respectively. In addition, the new car will also provide the exclusive body color, rim modeling and long wheelbase logo for China market.

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  In terms of the rear end, we can see that the shape of the taillight of the new car has changed obviously, and it has been replaced with a family-style triangular design, which looks very sharp. The overall shape of the rear enclosure is in the same strain as that of the front enclosure. In addition, the layout of two exhaust outlets and the shape of the diffuser are preserved, which enhances the sense of movement of the rear.

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  Coming into the car, the design style similar to Mercedes-Benz S-Class is very eye-catching. The new car will be equipped with a 12.3-inch full LCD digital instrument and an 11.9-inch central control panel as standard. If you look closely at the angle of the central control panel, it will be tilted to the driver by 6 degrees for easy operation. In addition, the brand-new three-spoke multi-function steering wheel also smells like Mercedes-Benz S-class, which enhances the aura of the brand-new mercedes benz c-class.

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  The second-generation MBUX human-computer interaction system is embedded in the central control panel, which has been improved in application and intelligence, and has been localized and upgraded for the China market. It has multi-dimensional interaction function and supports smart home interconnection such as JD.COM/Midea, and also supports OTA upgrade and so on. In terms of configuration, the new car will be equipped with Burmester 3D sound system, intelligent four-zone air conditioning, fragrance system, comfortable headrest, enhanced driver assistance and intelligent parking.

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  In terms of power, the new car will be equipped with a brand-new M254(1.5T) engine, and there are two kinds of adjustments for high and low power, of which the high-power version of the 1.5T engine has a maximum power of 150kW(204 HP) and a maximum torque of 300N·m;; The low-power version of the 1.5T engine has a maximum power of 125kW(170 HP) and a maximum torque of 250 N m.. In addition, the new car will be equipped with 48V motor (ISG), which can provide an additional maximum power of 15kW and a maximum torque of 200 N m.. Matching it is a 9-speed automatic manual transmission with rear-wheel drive, and it is expected that a model equipped with 4MATIC four-wheel drive will be launched later.


● Starting: Mercedes-Benz V-Class

  On August 29th, 2021 Chengdu Auto Show opened, and 2021 Mercedes-Benz V-Class models were officially unveiled. The overall shape of the new car continues the design of the current model, and only the details have been upgraded. On the basis of the original V 260 Pilot Edition, V 260 Premium Edition and V 260 L Long-wheelbase Deluxe Edition, the 2021 V-Class has added the V 260 L Long-wheelbase Premium Edition to expand its family lineup to four models.

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  In terms of appearance, there is little difference between the current models of the new car. The front of the car uses a point grille and is surrounded by double chrome trim pieces. The 19-inch rim is the latest style, and the visual effect of the flat shape is slightly different, and chrome trim is added to the side skirt to enrich the details.

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  The interior part has not been greatly upgraded. It is worth noting that the car was upgraded in the middle of 2020, focusing on upgrading the interior space. The light brown peacock wood decorative pieces in the car are matched with DINAMICA roof lining and Malone brown ARTICO leather, which are exactly the same as those of Maibakh S-class cars, showing noble temperament and personality.

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  In terms of seats, the second row of luxury electric single seats is wrapped in ARTICO leather to provide better seat support; The lengthened seat armrest is more comfortable, and the new cup holder and mobile phone tray also add points to the details; Luxury headrest, leg rest and foot rest also have the functions of heating, ventilation and massage. The new wooden decorative strips at the rear of the front seats echo the whole vehicle, and the added ambient lights at the rear of the seats also help to enhance the riding experience. The brand logo projection lights up the boarding area with the star emblem light and shadow to upgrade the luxury experience; At the same time, it is equipped with digital interior rearview mirror to ensure clear vision and improve driving safety.

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  In terms of power, referring to the current model, it is equipped with a combination of 9-speed automatic transmission (9G-TRONIC) independently developed by Mercedes-Benz and a 2.0T gasoline engine, with a maximum power of 211 HP and a peak torque of 350 Nm. In addition, the new generation V-class is equipped with air suspension system (AIRMATIC), which further improves the driving comfort of the vehicle and provides a more luxurious driving experience.


● Listing: New Mercedes-AMG A 35 L 4MATIC blazing night special edition

  On the Media Day of Chengdu Auto Show in 2021, the new Mercedes -AMG A 35 L 4MATIC blazing night special edition was launched. As a modified and special edition model, the new car has made changes in appearance details, making it more dynamic.At the same time, the official also announced the price of the car, which was 439,800 yuan.

Guide price of new Mercedes -AMG A 35 L car make and model Price (ten thousand yuan) 4MATIC blazing night special edition 43.98

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  From the photos taken at the scene, the overall style of the vehicle remains the same, but the unique body color matching is adopted, and red painting is added to the hood and the side of the car for decoration, which adds a sense of movement to the vehicle.

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  The side of the car is still familiar to us. The tires are designed with blackening, and the slim red decoration is also incorporated, which further highlights the meaning of "blazing night special edition". The tail shape is more exquisite, and it is matched with the exhaust from both sides to create a better dynamic effect.

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  In terms of interior, it adopts the steering wheel style common to AMG family, creating a stronger sporty atmosphere. In addition, the suspended display screen and the iconic air outlet design of the air conditioner create a very strong luxury atmosphere. In terms of seats, orange trimmings are added to the seats inside the car, which is consistent with the color matching outside the car.

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   In terms of power, the new car will continue to be equipped with a 2.0T turbocharged engine with a maximum power of 306 HP and a peak torque of 400 Nm. In terms of transmission, the 7-speed wet dual-clutch gearbox is matched with a 4MATIC four-wheel drive system.


● Starting: Mercedes -AMG GLA 35 4MATIC

  On August 29th, Chengdu Auto Show officially opened. At this auto show, Mercedes -AMG GLA 35 4MATIC with AMG performance suit made its debut in China. The new car has been upgraded in appearance to make it more sporty.

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  In terms of appearance, the special edition model adds a more combative appearance AMG performance suit compared with the ordinary GLA 35, and the paint color is also painted with matte mountain gray paint. The front grille is still polygonal with a straight waterfall-style middle net, and the front surrounding cooling openings on both sides are decorated with bright black frames and a set of small air knives are added on the outside.

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  The side of the car body, the exterior mirror shell of the new car and the decorative strips on the car body are all bright black. In addition, the front and rear fenders of the new car protrude from the car body to form a wide-body visual effect, and with the AMG-style wheels with dense spokes and large size, and the front-facing six-piston brake calipers, the sports attributes of the new car are increased a lot.

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  In the rear part, the new car is equipped with a large-size spoiler on the "GLA 45" model, the taillights are designed in a blackened style, and the rear enclosure is also decorated with a rear diffuser, while the exhaust layout is still a two-way style. However, the overall details make the sports attributes of the GLA35 model more obvious and no longer low-key.

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  In the interior part, there is little difference between the new car and the ordinary version. It is still a full LCD instrument panel and a three-spoke multi-function steering wheel. The central control multimedia display adopts a suspended design, and the central control is equipped with a large number of carbon fiber decorations and bright black panels, which highlights the movement without forgetting the luxurious texture.

  In terms of power, the new car still uses a 2.0T turbocharged four-cylinder engine with a maximum power of 306 HP and a maximum torque of 400 Nm. The transmission system will be matched with an 8-speed dual-clutch gearbox, and the 0-100km/h acceleration time is 5.2 seconds. For more information about the new car, we will bring you more information at the auto show.

[US stocks in 2022 investment strategy]: Can the bull market of US stocks continue?

  Looking ahead at the end of 2021, the S&P 500 index has nearly doubled in the past three years, with an annualized rate of return of 27%. However, Deutsche Bank’s survey of more than 750 investors around the world shows that about 20% expect the S&P 500 index to have negative returns next year, with an average increase of only 4.2%.

  Can the bull market of US stocks continue, and what risks will it face? What kind of opportunities are there?

  US stocks as a whole: three elements or building a structural market

  1. Corporate profit growth slowed down.

  According to the Morgan Stanley report, in the first three quarters of this year, the earnings per share of S&P 500 companies increased by over 67%, far higher than the average of 6% from 2001 to 2020. UBS predicts that the profit growth rate of S&P 500 companies may significantly slow down to 10% in 2022.

  2. Tightening liquidity

  () It is believed that the most relaxed point of global liquidity has passed. With the beginning of Taper by the Federal Reserve and the marginal tightening by the central banks of other major overseas economies, global liquidity began to enter a tightening cycle.

  3. Valuation regression

  According to the analysis of CITIC Securities, after the completion of taper by the Federal Reserve, the dynamic PE of US stocks will gradually return from the current high of 21.4 times to the historical average of 18 times since 2015. It is expected that the US stock market will present a structural market next year.

  In the face of many challenges, we sorted out the views of investment banks and listed the US stock sector and its key words worthy of attention in 2022.

  New energy: the inflection point of new energy vehicles in the United States+the installed capacity of scenery has increased greatly

  On November 19th, the US House of Representatives passed the Biden administration’s $1.75 trillion stimulus bill, of which about $550 billion will be used in the new energy industry, and the tax credits in new energy vehicles, photovoltaic wind power and energy storage industries will be fully increased.

  CICC believes that the US new energy vehicle market has been in a "depression" in the global market for a long time due to the previous weak policies, few high-quality vehicles and weak industrial chain. The penetration rate of new energy vehicles in the United States from 1 to 1-3Q21 was only 3.7%, which was significantly lower than that in China and Europe (13.5% and 17.3%). However, with the continuous promotion and strengthening of the Biden administration’s new energy vehicle policy and the acceleration of the electrification transformation of local car companies, the development of new energy vehicles in the United States will usher in an inflection point.

  In terms of photovoltaic wind power, with the increasing momentum of energy transformation, the newly installed capacity of American scenery is expected to set a new record in 2022.

  According to the survey report of Standard & Poor’s Global Market Intelligence Company, it is estimated that 44GW of utility-scale photovoltaic projects will be put into operation in the United States in 2022, nearly twice the estimated new installed capacity of 23GW in 2021. At the same time, it is estimated that the newly installed capacity of wind power in the United States will reach 27GW in 2022, significantly exceeding the highest annual record of 16GW set in 2020.

  BlackRock pointed out that the world is currently transforming into a more sustainable aspect, ahead of schedule. The investment in sustainability has undergone a structural change, and related assets will highlight the advantages of return on investment in the next few years.

  Energy, real estate and finance: safe-haven sectors under the strongest inflation in 40 years

  The CPI of the United States in November increased by 6.8% year-on-year, the highest since June 1982. Excluding food and energy prices, the so-called core CPI rose by 0.5% from the previous month and 4.9% from the same period of last year, the biggest increase since mid-1991.

  Bank of America strategists believe that under the influence of high inflation, the current real profit rate of the S&P 500 index is negative, which indicates the downside risk of the market. Taking history as a mirror, there have been bear markets in the first four times in history when the real profit rate of the S&P 500 is negative. Investors are advised to seek safety in anti-inflation sectors such as energy, finance and real estate.

  According to the analysis of CITIC Securities, under the background that the U.S. economic recovery continues in the first half of next year and inflation remains high, energy, raw materials and other sectors will benefit from the expansion of the scissors gap between PPI and CPI, and EPS (net profit per share) and gross profit margin of individual stocks are also expected to show an upward trend. In addition, after the Federal Reserve lifted the restrictions on bank stock repurchase and dividend distribution on June 30 this year, the repurchase amount of American financial companies has returned to the level of $16 billion per month before the epidemic, which will support the valuation and ROE (return on net assets) of the industry.

  Internet technology: liquidity tightening risk vs structural opportunities for technological innovation

  In December, the Federal Reserve will double the rate of bond purchase, and the bitmap shows that it will raise interest rates three times next year. Many analysts believe that tight monetary policy will pose a threat to the high valuation sector. The current P/E ratio of Nasdaq 100, a cluster of technology stocks, is about 30, which is 21.4 times higher than that of the broader S&P 500.

  The Deutsche Bank report pointed out that inflation may be the main reason for most interest rate hike cycles in the United States. There is a "strong and consistent" negative correlation between the P/E ratio of US stocks and inflation ―― that is, under the high inflation environment, the valuation (PE) of US stocks tends to decline.

  In view of the fact that the United States is under the worst inflationary pressure in 40 years, it may be comparable to the 1980s when the Federal Reserve was forced to raise interest rates due to the same inflationary pressure. During the two interest rate hike cycles in the 1980s, the P/E ratio of US stocks both fell ―― but it does not mean that the stock market fell across the board. In fact, the strong profit growth of US stock companies in these two periods made the S&P 500 index record a range increase of 8% and 23% respectively.

  It can be seen that even if the Fed raises interest rates under the pressure of high inflation, it does not mean "the end of the world" for US stocks. The key is whether individual companies can offset the negative impact of interest rate hike on valuation with strong performance growth. During this period, it is difficult to cash in the growth rate of performance, but companies with high valuations may face challenges.

  According to Bloomberg’s unanimous forecast, the overall expenditure scale of information technology companies in the S&P 500 stocks is expected to be 110.8 billion US dollars in 2022, with a year-on-year growth rate of 24.3%, which is the largest since the statistics in 2015. Whether it is soft technology or hard technology, capital expenditure is obviously positive.

  Industrial Securities pointed out that FAANGs and other technology leaders focused on the direction of capital expenditure, including new energy vehicles, Metauniverse, digital currency, self-driving cars, AR/VR, cloud services, digital media and so on. Next year, the slowdown of US economic growth will weaken the kinetic energy of the overall profit improvement of US stocks and restrict the performance of the index. However, the structural highlights of the American economy in 2022, especially scientific and technological innovation, deserve attention.

  Semiconductor: high valuation+supply and demand reversal risk accumulation

  The Philadelphia Semiconductor Index (SOX Index), which includes chip manufacturers such as NVIDIA and AMD, has increased by 36% this year, with an increase of more than 50% in the previous two years and a cumulative return of 250% in three years. The current dynamic PE of SOX index is 6.3 times, but its 10-year average is only 3.6 times.

  This year, the global wave of Internet of Things and car electrification, and the instability of the supply chain caused by repeated epidemics have caused an unprecedented shortage of chips in almost all industries. Although the shortage of automobile chips remains to be solved, the demand for semiconductors in other fields may have tended to weaken. According to industry data, the growth of global chip sales slowed down for the third consecutive month in October and has fallen back to the level of May this year.

  Hocktan, CEO of Broadcom, a chip maker, also said in the conference call in the fourth quarter that some areas of the semiconductor market were "a bit too hot".

  According to the assessment of CITIC Securities, as a typical cyclical industry, the global PC sales volume is expected to basically peak in 2021, and the data center hardware uplink cycle will peak in 2022Q2. Considering the marginal weakening of downstream demand (PC, server, smart phone, etc.) next year and the continuous release of new semiconductor production capacity, it is judged that the risk of supply and demand reversal in the industry is accumulating.

  Aviation: North American aviation industry is expected to turn losses+epidemic concerns ease

  According to the latest forecast given by the International Air Transport Association (IATA) in October, it is estimated that the expected loss of the whole industry in 2021 is 51.8 billion US dollars, which is 63% lower than the net loss of 137.7 billion US dollars in 2020. It is estimated that the loss will drop to 11.6 billion US dollars in 2022, and it is expected to turn losses into profits in 2023.

  In terms of regions, IATA expects airlines in North America to take the lead in restoring profitability in 2022. It is estimated that airlines in this region will achieve a profit of 9.9 billion US dollars in 2022, which is the only region in the world to turn losses into profits next year.

  Guoyuan International believes that the most difficult period of the global aviation industry has passed, and the passenger volume and profitability are on the track of recovery. The resilience of domestic aviation market demand is still strong, and the gradual relaxation of international routes in the future is a high probability event. It is suggested to reverse the layout of airlines, airports and aviation information targets.

  Strategists in JPMorgan Chase said that although COVID-19 variants (such as Delta and Omicron) have repeatedly caused epidemics in various countries, if people’s natural immunity, vaccine-acquired immunity, significantly reduced mortality and specific drugs are gradually emerging, the epidemic will not be the primary risk next year.