Xiaomi informed of internal corruption and two employees were transferred to the public security; The electronic cigarette "JUUL" will officially enter the China market; The fourth batch of imported g

On July 19th, Xiaomi reported that two employees of China Marketing Department had been dismissed and transferred to the public security organs for irregularities. According to the notification email, Xiaomi investigated and dealt with many cases of employee irregularities and fraud in the first half of 2019. Among them, Hao Liang, a former employee of China Marketing Department, took advantage of his position to entrust the company’s business to a company held by his close relatives; Zhao Qian, a former employee of China Marketing Department, took advantage of his position to ask the cooperative suppliers for a large amount of benefits.

According to the email, Xiaomi has made two decisions: dismissal and never employment; Refund unjust enrichment, confiscate all options and transfer them to public security organs for handling; Join the blacklist of employee dishonesty. Among them, Zhao Qian has been arrested by the public security organs for allegedly accepting bribes from non-state personnel. In response to this notification, Xiaomi officially did not respond. (Source: Sina Technology)

On July 19th, according to foreign media ET tech, Ritesh Agarwa (Chinese name Tae-Hee Lee), founder and group CEO of OYO Hotels&Homes, is buying back equity worth $2 billion from the old shareholders. It is reported that this move (bought by the management led by the founder) is unprecedented among Indian start-ups, and it is expected to help Tae-Hee Lee increase its shareholding ratio from the current 10% to around 30%. If the shares held by management and employees are included, this proportion may further rise to 32-33%.

Once the changes in equity is completed, Tae-Hee Lee and OYO management will become the second largest shareholder after Softbank Vision Fund. Softbank Vision Fund holds nearly 48% of the company’s shares, but according to the terms set by OYO, Softbank Vision’s shareholding ratio cannot exceed 49.9% without the approval of Tae-Hee Lee, Sequoia Capital, Lightspeed Venture Capital and Greenoaks Capital. (Source: 36Kr)

On July 20th, it was reported in Washington Post that the US Federal Trade Commission (FTC) had reached a settlement with Google, announcing the end of the investigation on YouTube’s violation of the federal children’s data privacy law. According to people familiar with the matter, the settlement agreement, which was supported by three Republicans and opposed by two Democrats in FTC, concluded that Google failed to adequately protect children who used its video streaming service and improperly collected their information, which violated the Children’s Online Privacy Protection Act (COPPA), which prohibits users under the age of 13 from being tracked and targeted.

Google is expected to pay millions of dollars in fines, but the exact amount and terms of its settlement with FTC are still unclear. The case has now been handed over to the US Department of Justice, which rarely rejects the settlement agreement reached by FTC and the companies under its supervision. (source: PingWest)

On July 19th, Chen Lifang, director and senior vice president of Huawei, said on Thursday that the company’s HarmonyOS operating system is not designed for smartphones, and the company intends to continue to use Google’s Android operating system on its smartphones. Recently, the HarmonyOS operating system trademark officially submitted is mainly for industrial use.

Chen Lifang also talked about two characteristics of the HarmonyOS system. The main feature is that the delay is very low, from millisecond to sub-millisecond level. The second feature is extremely safe. The HarmonyOS system adopts the leading architecture and is very safe. (Source: Xinhua News Agency)

On July 19th, the BBC ITV (Independent Television) announced that the streaming service BritBox, which is jointly created by the company and BBC, will be launched at the end of this year, with a monthly cost of only 5.99 pounds (about 7.50 US dollars).

As a product jointly launched by the two largest broadcasters in the UK, BritBox will undoubtedly compete with online streaming services such as Netflix. After the news was released, ITV’s share price once rose by 2%. ITV said that subscribing to BritBox will allow users to watch HDTV programs on multiple screens and devices (Source: Tencent Technology).

On July 19th, Softbank Group announced that its venture capital department, which is headquartered in Seoul and focuses on early investment, has raised 317 billion won (about 270 million US dollars).

The venture capital department of Softbank is called "SoftBank Ventures Asia", and this new fund will be mainly used to invest in startups in the initial stage of development around the world, but mainly in Asian startups. Softbank said that the goal of this new fund is to reach a deal with investors including Korea National Pension Service Corporation (NSA) in the next six months. Analysts said that this move shows that Softbank has rekindled its interest in early investment. (Source: Tencent Technology)

On July 19th, it was reported that CAPE Company, a supplier of UAV technology for US multi-state law enforcement agencies and some other US public security agencies, recently announced that it would stop cooperating with Chinese UAV manufacturer DJI, citing safety issues. In this regard, DJI responded that he was disappointed with CAPE’s decision based on misinformation, and said that it would not affect DJI’s continued development of customers and partnerships around the world. More than 520 public security agencies around the world trust and use DJI’s UAV products to perform key tasks. (Source: Observer Network)

On July 19th, it was reported that the American e-cigarette brand "JUUL" will formally enter the China market and has reached a strategic cooperation with JD.COM. In October this year at the latest, JUUL electronic cigarette products will be put on the e-commerce platform in JD.COM. In addition, JUUL plans to put at least $100 million into the market for brand building and marketing within 15 months. According to a person close to the news, JUUL began to study the China market as early as 2016, but its plan to enter China was shelved because the domestic small cigarette industry had not yet formed. (Source: 36Kr)

On July 19 th, the official of the former State Administration of Press, Publication, Radio, Film and Television showed that the fourth batch of imported game version numbers had been issued this year, with a total of 24. Netease’s Live: The Gathering of Kings, Xuanyuan Sword Dragon Dancing in Yunshan and Tencent’s Rocket League and Ace Warrior were approved. In addition, many popular games such as "Wild Racing 9: Racing Legend" operated by Beijing Wansheng Hetai Technology Co., Ltd. and "Track in the Air" operated by Beijing Changyou Times Digital Technology Co., Ltd. are also listed here. Previously, there have been three batches of 75 imported games with version numbers. (source: PingWest)

On July 19th, it was reported that after the popularity of Tik Tok, various kinds of "business-shaking" trainings have sprung up in various places, one of which is to make false propaganda after charging high fees, and the other is direct fraud. A few days ago, Tik Tok sued Hangzhou Shashang Technology Co., Ltd., Hangzhou Shayou Cultural and Creative Co., Ltd., Zhenzhiba Technology Co., Ltd., Yang Zhan and other organizers of the Shashang Conference in Hangzhou Internet Court. The above four defendants are required to immediately stop trademark infringement and unfair competition, apologize, eliminate the influence and compensate economic losses of 3 million yuan. It is understood that this is the first time that the Tik Tok authorities have initiated a lawsuit against the activities of "shaking business".

Tik Tok said that on December 17th, 2018, the four defendants held the kick-off meeting of Shashang Group and Shashang 10,000-member Alliance in Hangzhou. The four defendants claimed that the event had "mysterious guests-Tik Tok headquarters executives to help out" and "Tik Tok headquarters big coffee sharing", and listed "Tik Tok" as a cooperative media and displayed the nameplate of "authorized agent" at the event site. (Source: Securities Daily)

On July 19th, JD.COM New Access Road and 58 Home held a signing ceremony for strategic cooperation, officially opening the strategic cooperation of on-site service business. In the future, consumers can not only buy physical goods in convenience stores in JD.COM, but also enjoy more than 20 kinds of door-to-door services provided by 58 households, including baby-rearing, moving, door-to-door installation, home appliance repair and unlocking.

Up to now, JD.COM convenience stores in 34 cities in China, such as Beijing, Shanghai, Tianjin, Chongqing, Guangzhou and Shenzhen, have been connected to 58 home service systems. At the same time, the business will also be fully open to users of Jingdong Treasurer. (Source: DoNews)

On July 19th, BYD officially announced that BYD and Toyota had reached a cooperation on the joint development of electric vehicles, and started to discuss the development of pure electric vehicles and power batteries together. The two parties indicated that the future products include pure electric vehicles for cars and low-chassis SUVs, and they plan to put them on the China market before 2025. At the same time, the two parties will jointly develop the power batteries needed for the above-mentioned vehicles. (Source: Beijing News)

On July 19th, Samsung announced that it has started mass production of 12 Gigabit LPDDR5 DRAM chips, aiming at "supporting 5G and AI functions in future smartphones". Samsung’s DRAM can be found not only in its own Galaxy series of mobile phones and tablets, but also in Apple’s iPhone and its rival Android devices.

The new LPDDR R5 chip provides a data rate of 5500Mbps, which is about 30% higher than the LPDDR 4X (4,266 Mbps) used by today’s high-end smartphones, including the first batch of 5G smartphones based on Qualcomm Snapdragon 855 processor. Samsung said that the new DRAM will support ultra-high definition video recording and AI-driven machine learning function, which greatly improves the battery life of the device and reduces power consumption by 30% compared with the previous DRAM.

The higher speed of LPDDR5 will depend on the next generation of mobile processors, which can transmit 44GB of data per second, enough to store 12 1080p movies. The reason why this speed can be achieved is that Samsung bundled eight 12 Gigabit LPDDR5 chips and packaged them as 12GB chip modules. Samsung said that this process will begin later this month, following the production of 6GB chip modules started last month. The company plans to launch 16 Gigabit LPDDR5 chips next year. (Source: Tencent Technology)

On July 19th, according to AppleInsider, a US technology website, He Limei, chief financial officer (CFO) of TSMC, said yesterday that TSMC’s 5-nanometer manufacturing process is expected to be mass-produced in the first half of 2020, which means that Apple’s next-generation A-series processors will take the lead in adopting the 5-nanometer manufacturing process. For Apple, the current generation of A12 processor is manufactured by 7 nm process. It is expected that the A13 processor launched this autumn will remain at this level, and the A14 processor in next autumn will most likely adopt TSMC’s 5 nm manufacturing process. (Source: Sina Technology)

On July 19th, MediaTek, a chip designer, said at a 5G salon that MediaTek’s latest 5G SOC single chip adopted a 7nm process, including A77 and G77, the latest APU3.0 and M70 modem. This SOC will be sent to major customers in Q3 this year, and the first batch of terminals equipped with 5G SOC will be launched in the first quarter of next year. (Source: Tencent Technology)

On July 19th, it was the 50th anniversary of human landing on the moon. The original instructions of the Apollo 11 Guidance Computer (AGC) and the source code of the moon landing module have been opened on GitHub website. According to the introduction, the open source content includes the original codes of the command module (Comanche055) and the moon landing module (Luminary099) in the Apollo 11 guidance computer (AGC). By virtual AGC and MIT science museum guys to complete the electronic. Apollo 11 original code GitHub Address: https://github.com/chrislgarry/Apollo-11 (Source: IT House)

Image source: vision china

What is the cruising range of Hongguang Wuling MINI EV?

The cruising range of Hongguang Wuling MINIEV is different according to the model version. Specifically:

1. The cruising range of the low version is 120 kilometers;

2. The cruising range of the high-end version is increased to 170 kilometers.

Take the 2021 Wuling Hongguang MINIEV as an example. The car belongs to a mini-car. Its body dimensions are 2920mm long, 1493mm wide and 1621mm high, with a wheelbase of 1940mm and a curb weight of 665kg. The front suspension of this model adopts McPherson independent suspension, while the rear suspension is multi-link independent suspension. In addition, it is equipped with a permanent magnet and synchronous motor, with a maximum power of 20kw and a maximum torque of 85nm, which is matched with a 1st fixed gear ratio gearbox.

五菱宏光MINIEV

Generally speaking, the endurance performance of Hongguang Wuling MINIEV can meet the daily commuting needs, and its compact body design and flexible handling performance make it an ideal choice for urban travel.

The railway department responded that "many high-speed trains became dirty on foggy days"

  Beijing Traffic Law Enforcement Corps and Chaoyang District Environmental Protection Department jointly seized spray booth Photography/Our reporter Huang Liang

  Yesterday, traffic in Beijing and neighboring provinces was affected by foggy weather. The morning rush hour public transport in Beijing has been seriously affected, with 31 buses going around the station, and the subway ground line taking measures to slow down due to heavy fog, and a large number of passengers are stranded in the subway station. In addition, yesterday morning, most expressways in Beijing were closed, resulting in flight delays at several airports in North China.

  According to yesterday’s notification from the Ministry of Environmental Protection, a total of 72 cities in Beijing, Tianjin and Hebei, surrounding areas and Shaanxi Province have started yellow and above warnings for heavy pollution, of which 32 cities maintain or issue red warnings, 27 cities maintain or issue orange warnings, and 13 cities maintain or issue yellow warnings.

  subway

  Heavy fog caused a large number of passengers stranded in Fangshan line.

  Yesterday morning rush hour in Beijing caused most of the high-speed roads in the city to be closed, and many motorists switched to public transport, resulting in an increase in subway passenger flow. Because of the heavy fog, the Fangshan line on the ground runs at a reduced speed, resulting in a large number of passengers gathering. Some passengers reported that they waited for about an hour on Fangshan Line and were late for work. Beijing Youth Daily reporter learned from the Beijing Subway Company that in order to alleviate the pressure of early peak passenger flow, nine trains were added to Fangshan Line, and empty cars were added at the fenced house station with more passenger flow. At 9 o’clock in the morning, the subway operation order gradually returned to normal.

  Yesterday morning rush hour was affected by heavy fog, and Beijing morning rush hour traffic was seriously affected. Because of the fog, the ground line Fangshan line runs at a reduced speed. Some passengers reported that the subway Changyang Station and Fenlifang Station were slow to enter the station. A number of passengers reported that it was about an hour late for the stop-in current limit and speed-down operation.

  Due to the current restriction measures taken by some stations, the subway has prepared delay instructions for passengers, and the stations requested by passengers have actively distributed them to passengers. In the Guogongzhuang station area, nearly 200 delay instructions have been distributed to passengers in need.

  Zhao Xincun, head of the sub-station of Fangshan Line, said that yesterday’s fog directly affected the operation of the first bus, and the first bus took measures to slow down, but the passenger flow at that time was not large and no people gathered. By 7 o’clock, the number of passengers entering the station became larger, and with the slow operation, passengers began to gather. At 7: 30, Changyang Station, Fenlifang Station, daotian station and others began to restrict the flow in order to prevent potential safety hazards such as trampling in large passenger flow.

  The reporter of Beiqing Daily learned that during the morning rush hour, the station applied to the dispatching station to increase the demand for passengers, and a total of 10 trains were added up and down the dispatching station to alleviate the current restriction measures. Among them, in view of the phenomenon that there are many passengers stranded in Changyang Station, a train of emptying passengers is added, which reduces the time of flow restriction and speeds up the speed of passengers entering the station. "The empty car is the most powerful measure, which is equivalent to the car starting from the fence house station and soon sending away more than a thousand people stranded."

  Why is there a gathering of passengers on Fangshan Line? The reporter of Beiqing Daily learned that Dujiakan, the Beijing-Hong Kong-Macao Expressway, was closed to the city boundary in the morning peak yesterday, and there were "parallel lines" between the Beijing-Hong Kong-Macao Expressway and several stations on the Fangshan Line of the subway, which affected the two major traffic lines. At the same time, the high-speed road closure has caused many motorists to move to the subway, and the subway passenger flow has obviously climbed as before.

  At the same time, the highway was closed yesterday, which also affected the ground bus. According to the introduction of the bus group, as of 10: 45 yesterday, there were 26 detours and 5 stops.

  The reporter of Beiqing Daily learned that in extreme weather, if there is a large passenger flow gathering in the subway, the transportation authorities will arrange road bus support to evacuate the large passenger flow.

  aviation

  The visibility of the four airports is only 50 meters.

  Affected by heavy fog, flights were delayed at several airports in North China yesterday morning. Shijiazhuang, Tianjin and Zhengzhou airports have been plagued by freezing fog, and the visibility was once only 50 meters. As a result, the traffic capacity of the above airports has been reduced by at least 50%.

  As of 16: 53 yesterday afternoon, the Capital Airport had carried out 1022 flights and cancelled 101 flights, and the capacity of the Capital Airport decreased by about 30% in the morning.

  In addition, due to the strong smog weather in Nancheng, Beijing, the visibility of Nanyuan Airport was as low as 50 meters yesterday morning, resulting in no aircraft taking off and landing at Nanyuan Airport throughout the morning. As of 17: 00 yesterday afternoon, Nanyuan cancelled 56 flights.

  As of press time, the visibility of the Capital Airport is estimated to be about 800 meters from midnight yesterday to this morning. The flight delay this morning is still not optimistic.

  Zhengzhou Xinzheng International Airport, which was seriously affected by heavy fog, was once unable to take off and land normally. The reporter of Beiqing Daily learned from passengers that some passengers have been waiting at the airport for more than 10 hours. Passenger Xiao Wu told the reporter of Beiqing Daily that due to the heavy fog, the flight was cancelled and he had to refund his ticket and travel by high-speed train. It is reported that as of 18: 30 pm, Zhengzhou Xinzheng Airport has only 4 flights.

  On the afternoon of the 4th, the reporter of Beiqing Daily called a number of airlines. The customer service staff of the airlines said that due to the weather, the six cities with the most flight cancellations and delays were Beijing, Tianjin, Zhengzhou, Qingdao, Jinan and Shijiazhuang, which had a heavy impact. Jinan, Zhengzhou, Beijing Nanyuan and other airports had no flights at all in the morning.

  high-speed

  Most of Beijing’s expressways have been seriously affected.

  Yesterday, the morning peak expressway was seriously affected. Specifically, it includes Beijing-Hong Kong-Macao Expressway Dujiakan to the city boundary, Beijing-Kunming Expressway Sixth Ring Road to the city boundary, Beijing-Taiwan Expressway Qingyundian to the city boundary, Daguang Expressway Jinhua Temple to the city boundary, Beijing-Tianjin Expressway Taihu to the city boundary, Beijing-Shanghai Expressway Dayangfang to the city boundary, Beijing-Harbin Expressway Bailu to the city boundary, Jingping Expressway Wugezhuang Zhixia Gezhuang, Beijing-Singapore Expressway Taiping Zhuang to the sixth ring road, and the entire direction of the sixth ring road. It was not until 15: 00 p.m. that the Beijing-Shanghai expressway resumed operation and the expressway in this city returned to normal.

  enforce the law

  Tu cha Wu Zhao hei automobile maintenance shop seized and sprayed spray booth

  Yesterday, the Fifth Brigade of Beijing Traffic Law Enforcement Corps, together with the public security department and environmental protection department of Chaoyang District, conducted a surprise inspection on unlicensed black auto repair enterprises in the area under its jurisdiction, and seized the non-compliant spray spray booth.

  At 9 o’clock yesterday morning, the Fifth Brigade of Beijing Traffic Law Enforcement Corps, together with the Chaoyang District Environmental Monitoring Brigade, the Special Branch of Chaoyang Public Security Bureau and the Patrol Detachment of Chaoyang Public Security Bureau, conducted a joint law enforcement inspection on the Auto Repair Street in its jurisdiction. It mainly checks the maintenance qualification of auto repair enterprises and the use of spray spray booth, and the environmental protection department checks the hazardous waste storage places of enterprises and the transfer and warehousing accounts of hazardous waste.

  The reporter of Beiqing Daily saw at the scene that Beijing Kyoto Shenlong Automobile Trading Co., Ltd. did not have the relevant qualifications to repair cars, and there was a situation in which engine oil was piled up at will during the auto repair process. On-site traffic law enforcement corps members and environmental protection personnel jointly sealed up spray booth.

  Text/Reporter Liu Wei Yang Liu Wang Tianqi

  be relevant

  The railway responded that "many high-speed trains became dirty in foggy days"

  There are multiple factors in the dirtiness of the car body, and smog will aggravate the degree of dirtiness.

  Recently, netizens exposed a number of pictures of high-speed rail after crossing the smog, which triggered a hot discussion on the Internet. On the afternoon of January 3, Beijing Youth Daily reporter saw at Beijing South Railway Station that several stopped high-speed trains had different degrees of dust on their body skins. In this regard, the staff of the railway department said that the arrival of smog will indeed aggravate the dirtiness of the car body, but there are also other factors.

  Net exposure: smog continues to appear "discoloration" of high-speed trains.

  On January 2, an online article entitled "This is a high-speed train passing through the smog area" said that a high-speed train from Shanghai to Beijing South Railway Station was not washed by rain after passing through all the heavy smog areas in East China and North China, and the dust was all over the car body.

  On the 4th, some netizens said that the high-speed train from Xuzhou to Beijing turned "golden" after reaching its destination. The netizen described to the reporter of Beiqing Daily, "Like smog, the whole body is very dirty, but it does not rule out that the number of train cleaning is reduced because of the bad weather."

  On the afternoon of the 3rd, Beijing Youth Daily reporter came to Beijing South Railway Station and saw a G161 train from Beijing Nankai to Anqing. There was dust on the outside of the car body, especially at the top, but it was not as serious as the train from Shanghai to Beijing. At the same time, there are different degrees of dust in the car bodies of several trains parked nearby.

  Railway: Smog will aggravate the dirtiness of the car body

  Is smog really the "initiator" of dust outside the high-speed rail body? In this regard, a staff member of the railway department told the reporter of Beiqing Daily that there is a certain relationship between car body dust and smog, and the appearance of smog will indeed aggravate the degree of car body dirty. However, the situation of different trains is different, which is related to speed, distance, driving time and driving direction. Fog and haze are heavy these days, and the car body will be dirtier.

  For example, the staff said that the cleanliness of the outer skin of the Beijing-Tianjin intercity train was better than that of other trains on a smoggy day, mainly because of the short journey. All the trains between Beijing and Tianjin have always been scrubbed on the platform after arriving at Beijing South Railway Station to ensure that the trains leaving Beijing South Railway Station are clean. Under normal circumstances, some long-distance trains drive thousands of kilometers, which may also lead to dirty bodies due to the comprehensive factors such as weather and speed on the way. When the smog is serious, it will indeed aggravate the degree of dirty car body. In addition, the staff of the railway department also said that in general, in the morning and evening, the fog is relatively large and the relative dirty degree will be more serious.

  A ground mechanic in the Beijing EMU section of Beijing Railway Bureau told the reporter of Beiqing Daily that the EMU is divided into eight groups and sixteen groups. Whenever the EMU arrives at the station after completing the mission of the day, a special person will send it to each moving garage, and each cleaner will be responsible for the cleaning of two or three cars. "Generally, it takes about 30 minutes to clean once, but this smog really makes cleaning more difficult and takes more time."

  According to a staff member of Beijing South Railway Station, at present, all the buses that arrive at Beijing South Railway Station (they will leave for a new destination ten minutes after arrival) are wiped by special personnel before driving, so that the trains can get on the road cleanly. At the same time, the EMU trains that return to the garage for maintenance every day should also be cleaned. On days with severe smog, the railway department will send extra personnel to clean and wipe all sensitive parts of the train to ensure the safety of train operation.

  Expert: If the distance is long, pollutants are easy to attach to the car body and produce traces.

  Ma Jun, director of Beijing Public Environmental Research Center, said in an interview with Beiqing Daily that haze is actually an aerosol, and its pollutants are easily attached to the car body after absorbing water vapor and expanding. The recent smog is not only "high haze", but also "high humidity". In the high humidity state, if the train travels a long distance and passes through a severe smog area, pollutants will be attached to the car body, which will produce pollution traces. "It can basically be confirmed that it is caused by smog, but there is a premise for this statement." The premise mentioned by Director Ma means that the train has been cleaned regularly. If it has not been cleaned for a long time, it cannot be proved that the dust is caused by smog.

  Text/reporter Wang Wei Trainee reporter Shi Jia

Who said you should throw the yolk when eating eggs? Beware of missing most of the nutrition!

  Recently, due to the epidemic, everyone has raised their awareness of storing food at home. Eggs are one of the fastest and most convenient food materials, and they have also become a must-have food for every household. A friend asked: I can’t go out to eat at home recently, and it’s also troublesome to make big fish and meat. There are quite a lot of eggs at home. Can I eat five every day? I heard that it has high cholesterol and is harmful to eat?

  What nutrition does an egg have?

  Choline in eggs is very important to children

  Egg is a kind of food with high nutritional value. An egg weighs about 50g. Its main ingredient is water, accounting for about 75%. In addition, protein and fat are the main ingredients, as well as some minerals and vitamins (such as A, D and B groups). Eggs can provide us with these aspects of nutrition:

  protein

  Protein in an egg is about 7 grams, and the amino acid pattern of protein in the egg is very balanced, which is very suitable for human absorption and utilization, and is a good source of protein intake.

  lecithin

  Lecithin in eggs is an important component of high-density lipoprotein, which can help regulate blood lipids and play an important role in nerve tissues such as brain.

  vitamin

  Eggs are rich in vitamins, which can provide 10%-20% folic acid and 20%-30% vitamins A, D and E in the diet. For vegetarians, eggs are also an important source of vitamin B12.

  choline

  There is also a rich nutrition in eggs — — Choline. The choline content in 100 grams of eggs is about 251 mg, and a shelled egg weighs about 50 grams, which can provide 176 mg of choline.

  Choline is also an important nutrient for children. It is found that when DHA and choline are sufficient, it is most beneficial to the development of fetal brain, and the cognitive level of infants in the future is the highest; Babies who get enough choline during pregnancy have less stress response after birth, and the risk of suffering from various chronic diseases in the future may be reduced.

  Will eating eggs raise cholesterol?

  Don’t worry too much, it’s much better than big fish and big meat

  Many people are afraid to eat more eggs, mainly for fear of raising cholesterol. The yolk of an egg contains more than 180 milligrams of cholesterol, which is really high. Previous dietary guidelines generally suggested that cholesterol should not exceed 300 mg per day, so this became the reason why many people thought that eggs should not be eaten too much.

  However, in recent years, the academic circles have summarized the results of various studies and concluded that there is no direct causal relationship between cholesterol intake and cardiovascular and cerebrovascular diseases. In fact, cholesterol in human blood is not exactly the same as cholesterol in food. There are two sources of cholesterol in human body — — About 70%-80% is synthesized by the liver, and only a small part comes from dietary cholesterol. Some cholesterol ingested through food cannot be absorbed by the body and will be excreted with feces. Therefore, we really don’t have to worry too much about cholesterol in food.

  Moreover, eggs are much better than cholesterol in big fish and meat. Because in addition to cholesterol, there are many nutrients in eggs that can offset the risks associated with excessive cholesterol intake. And big fish and meat are not only high in cholesterol, but more importantly, their fat content (saturated fat in some red meat) is high, which is more harmful to cardiovascular system.

  How many eggs is best to eat every day?

  One a day is fine, and it doesn’t matter if you overdo it occasionally.

  Since there is no problem with cholesterol in eggs, is it ok to eat five eggs every day? Actually, it is not.

  Eggs are really nutritious, but no matter how nutritious they are, they are just a kind of food. For a healthy diet, it is important to diversify food and balance nutrition, rather than being superstitious about a certain food and eating too much.

  For example, the main ingredient in eggs is protein. Although eggs are a good source of protein intake, they are not the only source. Bean products, meat and dairy products can also provide us with protein. You know, one third of soybeans are from protein, and drinking a glass of milk a day can also provide about 10 grams of protein.

  Eating one egg a day is ok, and occasionally eating five eggs a day may not be a big problem. However, if you eat five every day, it will inevitably lead to eating less other foods and reducing other nutrient intake, which will lead to imbalance in nutrient intake and eventually lead to malnutrition, which is not recommended. Besides, during the period of isolation, most people exercise less.

  Do you want to eat egg yolk?

  Vitamins and minerals in egg yolk are higher than those in egg white.

  Most of the vitamins and minerals in eggs are in the yolk, and their contents are higher than those in egg whites, which almost only provide protein. Moreover, egg yolk is rich in lecithin and choline. Dietary Guidelines for China Residents (2022) recommends eating 300-350g eggs a week (about one egg a day), and eating eggs without discarding the yolk.

  The American Heart Association’s scientific advice on dietary cholesterol and cardiovascular risk suggests that healthy people eat a whole egg every day.

  How to eat eggs is healthier?

  Frying may affect cardiovascular system.

  Need to remind everyone that how to eat eggs is also very important. Whether an egg is fried or boiled, whether it is fried in a lot of oil or splashed with water, or whether it is custard or egg drop soup, their effects on human health will be very different.

  Studies have found that after eggs are improperly cooked (such as frying), fat and cholesterol are oxidized, and may generate advanced glycation end products through Maillard reaction, which may promote the damage of human vascular endothelium and arteriosclerosis, which is not conducive to cardiovascular health. However, there is no such problem with steamed eggs and boiled eggs. I suggest you try to eat steamed eggs and boiled eggs.

  What’s the difference between different people in eating eggs?

  Healthy adults: people who have no dyslipidemia and are healthy in liver, kidney, pancreas and gallbladder can eat 1-2 eggs a day without excessive fish and seafood.

  Healthy egg-milk vegetarian: It doesn’t matter if you eat two eggs a day, but it’s still not recommended to eat like this every day.

  Expectant mothers during pregnancy, nursing mothers, bodybuilders, people who do a lot of exercise, teenagers’ long period of physical development and hunger/food shortage: If you are healthy and have no abnormal blood sugar and blood lipids, you can eat 2-3 eggs every day for a period of time, but it is not recommended to do so all the time.

  Middle-aged and elderly people, people with hyperlipidemia, patients with gallbladder disease and diabetics: It is not recommended to eat several eggs every day.

  If there is a shortage of food and there is no big fish and meat for ten days in a row, it is not a big problem to eat five eggs today. However, it is not recommended to eat like this all the time after the food supply keeps up.

  Text/Yan Guangfeng

  (Director of Science and Technology Department of Food and Nutrition Information Exchange Center, Master of Nutrition and Food Safety of China Agricultural University)

The key to China’s characteristics lies in "two combinations" (in-depth study and implementation of Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era)

  synopsis

  The road of Socialism with Chinese characteristics came out under the guidance of Marxism and the history of Chinese civilization for more than 5,000 years. "Two combinations" is the only way to open up and develop Socialism with Chinese characteristics. Chinese-style modernization theory is an important theoretical innovation that our party combines the basic principles of Marxism with the concrete reality of China and the excellent traditional Chinese culture, which shows the great significance of "two combinations".

  Direction determines the road, and the road determines fate. General Secretary of the Supreme Leader pointed out at the symposium on cultural inheritance and development: "Why is our socialism different? Why can it be full of vigor and vitality? The key lies in the characteristics of China. The key to China’s characteristics lies in ‘ Two combinations ’ 。” This important conclusion profoundly reveals the great significance of the "two combinations", highlights our party’s historical and cultural self-confidence, deepens our party’s regular understanding of upholding and developing Socialism with Chinese characteristics, and provides scientific guidance for continuously advancing the modernization of Marxism in China and building the modern civilization of the Chinese nation on the new journey.

  "Two combinations" is the only way to open up and develop Socialism with Chinese characteristics.

  Rivers and Wan Li always have sources, and trees are high and thousands of feet also has roots. Socialism with Chinese characteristics didn’t fall from the sky, but was the fundamental achievement made by the Party and the people at all costs. What kind of doctrine a country implements depends on whether this doctrine can solve the historical problems facing this country. More than a hundred years ago, during the period when the Chinese nation was poor and weak, and was trampled upon by others, in order to save the nation from peril, the people of China rose up and rebelled, people with lofty ideals ran and shouted, and all kinds of doctrines and ideological trends tried, but they failed to solve the future and destiny of China.

  A cannon shot of the October Revolution brought Marxism–Leninism to China. In the great awakening of the people of China and the Chinese nation, and in the close combination of Marxism–Leninism and the China workers’ movement, the Communist Party of China (CPC) came into being. General Secretary of the Supreme Leader pointed out: "How can communist party succeed? In Shikumen, there was a boat on the South Lake, and there were more than a dozen people, so today. The road here must be clarified and the truth must be localized. " Turning over the century-long history of storms, our Party has gone through practice and breakthrough again and again, combining the basic principles of Marxism with the concrete reality of China and the excellent traditional Chinese culture, and constantly promoting the modernization of Marxism in China. History and practice have proved that only when Marxism is rooted in the historical and cultural fertile soil of our country and nation can it always maintain its vitality and guide us to create, uphold, defend and develop Socialism with Chinese characteristics.

  When Socialism with Chinese characteristics entered a new era, the Supreme Leader General Secretary clearly put forward the important conclusion of "the second combination". The "second combination" is our party’s profound summary of the historical experience of the modernization of Marxism in China, and a profound grasp of the law of the development of Chinese civilization, which shows that our party’s understanding of China’s road, theory and system has reached a new height, that our party’s historical self-confidence and cultural self-confidence have reached a new height, and that our party’s consciousness of promoting cultural innovation in inheriting Chinese excellent traditional culture has reached a new height.

  Practice has proved that it is the only way to open up and develop Socialism with Chinese characteristics on the deep foundation of Chinese civilization for more than 5,000 years, and to combine the basic principles of Marxism with the concrete reality of China and the excellent traditional Chinese culture. This is the regular knowledge that we have gained in the course of exploring Socialism with Chinese characteristics. It is through the "two combinations" that the "localization of truth" is constantly promoted, and Marxism is increasingly integrated with China’s excellent historical culture that has been passed down for thousands of years and the values that the broad masses of people are unaware of every day, showing a stronger and more convincing force of truth in China and leading Socialism with Chinese characteristics’s great cause to create a new situation.

  "Two combinations" is the greatest magic weapon for our success.

  "If there is no Chinese civilization for five thousand years, what are the characteristics of China? If it is not the characteristics of China, how can we have such a successful Socialism with Chinese characteristics road today? " The road of Socialism with Chinese characteristics came out under the guidance of Marxism, and it also came out from the history of Chinese civilization for more than 5,000 years. Based on the magnificent history of Chinese civilization of more than 5,000 years, we can deeply understand why "two combinations" have become the greatest magic weapon for our success.

  "Two combinations" endow Socialism with Chinese characteristics with unique roads. The unique cultural tradition, unique historical destiny and unique basic national conditions have doomed the Chinese nation to take the development road suitable for its own characteristics, which is the Socialism with Chinese characteristics Road. Socialism with Chinese characteristics is the dialectical unity of the theoretical logic of scientific socialism and the historical logic of China’s social development. At the same time, the mutual agreement between Chinese excellent traditional culture and Marxism also provides a cultural foundation for Marxism to take root in China. The premise of "combination" is mutual fit, and mutual fit can be organically combined. The result of "combination" is mutual achievement, and through profound "chemical reaction", an organic and unified new cultural life has been created. "Combination" has laid a solid foundation for the road. In particular, the "second combination" has given Socialism with Chinese characteristics Road a broader and far-reaching historical depth and expanded the cultural foundation of Socialism with Chinese characteristics Road.

  "Two Combinations" Activate the Creativity of Socialism with Chinese characteristics’s Theoretical System. Why the Communist Party of China (CPC) can and why Socialism with Chinese characteristics is good is, in the final analysis, a Marxist line, a Marxist line with China modernization. This is the conclusion of history. The important proposition of China and modernization of Marxism itself determines that we must never abandon the soul pulse of Marxism and the root pulse of Chinese excellent traditional culture. Only by adhering to the "two combinations" can we stick to this soul and root, comprehensively excavate the treasure house of Chinese civilization for more than 5,000 years under the guidance of Marxism, activate the outstanding factors with vitality in Chinese excellent traditional culture with Marxism and endow it with new connotation of the times, inject the great spirit and rich wisdom of the Chinese nation into Marxism at a deeper level, effectively integrate the essence of Marxist thought with the essence of Chinese excellent traditional culture, fuse them into new theoretical advantages, and constantly climb new ideological peaks.

  "Two Combinations" to Enhance the Superiority of Socialism with Chinese characteristics System. What kind of national system and national governance system to choose is determined by the country’s history, culture, social nature and level of economic development, and it is also determined by the people of this country. In the long-term exploration, our Party has always grasped the ideological and cultural initiative, and paid attention to the organic unity of history and reality, theory and practice, form and content, so that the Socialism with Chinese characteristics system not only embodies the basic principles of scientific socialism, but also has distinctive China characteristics, national characteristics and characteristics of the times. Only by adhering to the "two combinations" can we make full use of the precious resources of Chinese excellent traditional culture to explore future-oriented theoretical and institutional innovations in a broader cultural space, and use China-oriented and modernized Marxism to guide the system construction, so as to maintain and continuously enhance the institutional superiority of Socialism with Chinese characteristics in self-improvement and development for a long time.

  "Two Combinations" to Consolidate the Cultural Subjectivity of Socialism with Chinese characteristics. Without high cultural self-confidence, there would be no great rejuvenation of the Chinese nation. Cultural confidence comes from our cultural subjectivity. Our Party has always attached importance to cultural construction, always adhered to the guidance of Marxism, promoted the creative transformation and innovative development of Chinese excellent traditional culture, inherited revolutionary culture, developed advanced socialist culture, kept in mind the original, absorbed foreign countries and faced the future, better built China spirit, China values and Chinese strength, and continuously cultivated, refined and sublimated and consolidated the cultural subjectivity of the Chinese nation. The creation of the Supreme Leader’s New Era Socialism with Chinese characteristics Thought is the most powerful embodiment of this cultural subjectivity. With cultural subjectivity, we have a firm self in the cultural sense, a fundamental support for cultural self-confidence, a powerful cultural force to lead the times in the Communist Party of China (CPC), a solid cultural foundation for national identity for the Chinese nation and the people of China, and a distinctive cultural feature for Chinese civilization to exchange and learn from other civilizations in the world.

  Chinese modernization theory is a great achievement of "two combinations"

  In the new era and new journey, the Communist Party of China (CPC)’s central task is to unite and lead the people of all ethnic groups to build a socialist modernization power in an all-round way, realize the goal of the second century, and comprehensively promote the great rejuvenation of the Chinese nation with Chinese modernization. Chinese-style modernization is deeply rooted in Chinese excellent traditional culture, fully embodies the advanced essence of scientific socialism, draws on and absorbs all outstanding achievements of human civilization, represents the development direction of human civilization progress, and shows a new picture different from the western modernization model, which is a brand-new form of human civilization. Summarizing and expounding the Chinese modernization theory is an important theoretical innovation for our party to combine the basic principles of Marxism with the concrete reality of China and the excellent traditional Chinese culture. It is the latest major achievement of scientific socialism and shows the great significance of "two combinations".

  The context is well-versed, and Sven is here. Chinese civilization has endowed Chinese-style modernization with profound connotations, enriched the cultural life of Marxism with Chinese excellent traditional culture, and promoted Marxism to achieve a new leap of China modernization, showing an increasingly distinctive China style and China style. China Marxism has become the essence of Chinese culture and China spirit. The "second combination" makes Marxism China, Chinese excellent traditional culture modern, and the new culture formed through "combination" becomes a Chinese modern cultural form, which enriches and develops Marxist cultural theory and promotes the formation of the cultural chapter of Socialism with Chinese characteristics Thought of the Supreme Leader in the new era, that is, the cultural thought of the Supreme Leader. Chinese-style modernization is to continue the modernization of ancient civilization, not to eliminate it; It is a modernization that grows from the land of China, not the modernization of other countries; It is the result of civilization renewal, not the product of civilization fracture. Chinese-style modernization is the new life of the old country of the Chinese nation, which will surely promote the rejuvenation of Chinese civilization.

  "Take the wind, go to Wan Li in the sky, and look down at the mountains and rivers." Only when the universal truth is combined with the concrete reality can it be transformed into a material force that destroys everything and changes the world. Only when scientific theory is combined with excellent culture can it be internalized into a spiritual force that moistens everything and unites people’s hearts. In the great practice of Chinese-style modernization, we should study, study and interpret the cultural thoughts of the supreme leader, always adhere to the "two combinations", more deeply discover mutual agreement, promote mutual achievements, build a solid road foundation, open up new space for innovation, better shoulder new cultural missions, and continue to promote cultural prosperity, build a cultural power and build a modern civilization of the Chinese nation at a new starting point.

  (The author is a researcher at the New Era Socialism with Chinese characteristics Institute of Thought, the supreme leader of China Renmin University)

Starting from the bitcoin derivatives market: 9 wins and 1 loses or loses the whole game, wandering in the gray area.

Since the end of October, 2020, the price fluctuation of Bitcoin has been increasing at the same time, and some investors have also poured into the bitcoin derivatives market.
On January 21st, the price of Bitcoin once fell below $32,000, which was 10.3% lower than the highest price in 24 hours. Previously, on January 11th, the price of Bitcoin once dropped by 27.78% from the highest price of $41,962, and on January 4th, it once dropped from more than $34,000 to around $28,000 in one day.
Among many influencing factors, some analysts believe that the sharp fluctuation of bitcoin price is behind the growing derivatives market.
Researchers at Skew.com, a cryptocurrency data analysis platform, recently wrote on Twitter: "The open contracts of Bitcoin futures are rapidly rebounding to a record high." According to the chart provided by it, since the end of October 2020, the open contracts of bitcoin futures have been on the rise.
Since late October, the growth trend of open positions in bitcoin futures of various exchanges has come from Skew.com, where bitcoin derivatives transactions occupy a larger market turnover than spot transactions. According to The Paper’s understanding, in addition to spot trading, Bitcoin currently has leveraged trading, as well as derivatives trading such as futures contracts and option contracts. Among them, leveraged trading is also based on spot trading, so some insiders and exchanges do not regard it as cryptocurrency derivatives. However, this kind of transaction is also different from spot trading, which can be understood as the product type derived from spot trading and can achieve the effect that derivatives can achieve.Leveraged transaction: leverage ratio is 2-10 timesTo provide investors with short-selling opportunities.
Leveraged trading is a way for investors to trade assets with funds provided by third parties. In traditional financial markets, such as the stock market, leveraged trading is also called margin trading. Investors can borrow money from stock brokers to buy stocks or borrow stocks to sell them. In the cryptocurrency market, borrowed funds or cryptocurrency assets are usually provided by other users in the exchange.
Leveraged trading can be divided into long and short trading.
Take Bitcoin as an example. If investors expect the price of Bitcoin to rise, they need to borrow more stable coins in their hands to buy Bitcoin, and then sell them to earn the difference after the actual increase. For example, investors have 2000USDT (TEDA coin, a stable currency linked to the US dollar), which can be used as a security deposit. They can borrow 10000USDT with five times leverage, then buy bitcoin, sell it after the price of bitcoin rises, and return 10000 USD T. After that, the investor’s profit is five times that of buying and selling 2000USDT in bitcoin. Bears, on the other hand, if investors expect bitcoin prices to fall, borrow bitcoin and sell it immediately and buy it back after the market falls.
However, once the investor’s opening direction is opposite to the market trend and the market fluctuation exceeds a certain proportion, and the total assets of the user’s margin account are lower than the minimum margin requirement for leveraged trading, the exchange will force the sale of the assets mortgaged by the user to close the position, that is, "explode the position". For example, a bull with 5 times leverage, once the price of Bitcoin falls by more than 20%, multiplied by leverage is 100%, and the margin will be forced to close.
"Even less than 20% will pay off the debt, because leveraged trading has interest." A cryptocurrency market insider told the The Paper reporter.
Compared with conventional spot trading, leveraged trading means that investors can get more funds to amplify the trading results, so as to get more profits. Moreover, spot trading can only buy low and sell high, while leveraged trading provides investors with short-selling opportunities. At present, the leverage ratio of leveraged transactions in the market is generally 2-10 times.
"Leveraged trading actually allows some large holders of money to hedge against the foreseeable price drop without selling money," said an insider in the cryptocurrency market. "Constant arbitrage can meet the needs of long-term holders of money."
For example, he said, if a big money holder holding 1,000 bitcoins thinks that the price of bitcoin will drop by 5 points in the short term, and if it doesn’t move, there will be losses, so he can use 200 bitcoins as a margin to open five times of leveraged trading short, borrow 1,000 bitcoins to sell, and then buy them back after the price drops. In this way, it can make up for the losses caused by the price drop of the remaining 800 bitcoins.
Futures contract: the maximum leverage can reach 125 times.
In the traditional financial market, futures contracts are standardized contracts formulated by futures exchanges, which make uniform provisions on the expiration date of contracts and the types, quantity and quality of assets bought and sold. On this basis, the futures contracts in the cryptocurrency market have made some innovations. At present, they are divided into delivery contracts and perpetual contracts.
In the delivery contract, investors can judge the rise and fall, and choose to buy long contracts or sell short contracts to gain the gains from the rise or fall of cryptocurrency prices. The delivery contract of mainstream cryptocurrency exchanges generally adopts the mode of spread delivery, and the exchange will close all the open contract orders when the contract expires. At present, the delivery time of the delivery contract is the current week, the next week, the current season, the second quarter and so on.
The perpetual contract is an innovative derivative, similar to the delivery contract, except that the perpetual contract has no delivery date, and users can hold it all the time and close their positions independently. Therefore, the perpetual contract relatively lowers the professional investment threshold, and investors don’t need to consider the steps such as delivery and warehouse change, which is similar to the spot experience.
"A particularly big drawback of the perpetual contract is that the rate is settled three times a day and once every eight hours. If the amount of funds is huge, it will take a few ten thousandths of a day, and the number will be huge for one month in a row." The above cryptocurrency market insiders said.
In order to ensure the long-term convergence between the perpetual contract price and the spot target price, the exchange basically uses the capital rate method. The fund rate refers to the settlement of funds between all bulls and bears in the market. If the rate is positive, the bulls pay the funds to the bears. If it is negative, the short pays the long position. In this way, the demand of buyers and sellers for perpetual contracts is balanced, and the price of perpetual contracts is basically consistent with the price of the underlying assets.
Compared with leveraged trading, both delivery contracts and perpetual contracts are bullish and bearish, and leverage can also be used with margin at the bottom. However, leveraged trading like Bitcoin is to borrow a third party’s stable currency to do long or borrow bitcoin to short. Futures contracts are not the concept of "borrowing", but the long investors and short investors bet on each other, and the exchange plays an intermediary role in matching.
"Compared with pure spot leveraged trading, the utilization rate of funds is stronger." The above cryptocurrency market insiders said.
According to the above-mentioned cryptocurrency market insiders, if you make long futures contracts, as long as the leverage is low enough, and then use enough margin according to the self-considered bitcoin price limit, then as long as the market finally picks up, you will eventually make money.
"The contract also has its value. For those who really have a sense of risk control, the contract is a means to improve the utilization rate of funds, not as terrible as imagined." He said.
Futures contracts are the most traded derivatives at present. Compared with leveraged trading, the highest leverage of perpetual contracts and delivery contracts in mainstream exchanges can reach 125 times.
Option contract: At present, it accounts for about 1% of futures.
Option contract is a transaction of buying and selling rights, which stipulates the right to buy and sell a certain kind and quantity of primary assets at a certain time and at a certain price, and can be divided into call option and put option. In the cryptocurrency derivatives market, the trading logic of T-type quoted option contracts dominated by Deribit exchange is almost the same as that of option contracts in the traditional financial industry. All of them are European options, which can only be exercised on the expiration date. Investors can act as option buyers or options sellers.
The simple version of the new options (also known as short-term options) introduced by the currency security and other exchanges is simpler and faster. Investors only need to choose the expiration time and purchase quantity of options when purchasing options, and the exercise price changes in real time when placing an order, which is provided by the exchange. According to the product characteristics of different exchanges, it can be divided into European options and American options. Compared with traditional options, its maturity range is shorter, ranging from 5 minutes to 1 day. Investors can only play the game of option contract with the exchange as the buyer of option.
However, the disadvantage of the option contract is that the intrinsic value is not transparent enough, and the risk that investors need to bear as the counterparty of the option in the exchange is high, even if the price of the option is unreasonable, they cannot learn from it.
The above-mentioned cryptocurrency market insiders said that institutions, qualified investors, Hong Kong and the mining circle will recognize options more, "sometimes it is to hedge some ups and downs of the spot".
"For example, if I think Bitcoin may go up next, I will buy a 50% call option and then a 50% put option," he said. "In the middle, I think that after the trend is formed, I can stop the other one, so I won’t lose money, and I will always keep it."
Therefore, compared with other derivatives, there is no problem of short position in option contracts.
Gu Yanxi, the founder of American Liyan Consulting Co., Ltd. and a researcher in the blockchain and encrypted digital assets industry, told The Paper that compared with futures, the risk of options is smaller, because there are many options tools, and the biggest loss is only royalties, instead of collecting deposits on both sides like futures. As long as the position is in the opposite direction to the market direction, the margin will be collected or even closed if it exceeds the limit.
The above-mentioned cryptocurrency market insiders said that in the cryptocurrency market, options have not been fully developed, and now they are at a stage that has just started, accounting for about 1% of futures.
"Option contracts will gradually enter more and more professional traders, including with the obvious trend of institutionalization. After coming in, many institutional investors may be willing to choose some option tools that they are more familiar with to achieve price anchoring, or according to the logic of their long-term rise or fall. Therefore, more gameplay such as options or binary options may be developed." The industry insider said.
In addition to the above three products, the cryptocurrency market also has the transaction of leveraged tokens. In essence, it is a token with leverage function, which can provide the reward of multiple leverage of the underlying assets, and its function is similar to that of ETF(ExchangeTradedFund) in the traditional financial field.
Leveraged tokens do not need collateral and maintenance margin, nor do they need to worry about the risk of liquidation. Behind each leveraged token, there is a basket of subject matter positions. According to different products, the real target leverage ratio behind leveraged tokens is different. Leveraged tokens maintain the target leverage by increasing or decreasing the positions held by the underlying assets through the position adjustment mechanism of the exchange.
Risk: Without risk control, all bets are off if you win 9 and lose 1.
The high leverage ratio of derivatives not only brings high returns, but also means that the risk of short positions is higher in the market with sharp fluctuations, especially for futures contracts with the highest market share at present.
The above-mentioned cryptocurrency market insiders said: "For white users or newcomers who have just entered the market, this may be something that has entered the grave, especially those with strong gambling. If you open a futures contract of 100 times, if there is not enough margin, as long as it fluctuates up and down by 1%, it will die."
"You won nine times, but in the process of a plunge and a surge, you went in the wrong direction and everything was gone. As long as you don’t do a good job of risk control, you don’t know how to add margin, you don’t know how to divide the warehouse, how much money you earn, and the mental state of being unable to sleep will be very tormenting. " He said.
In addition to the investment risks of derivatives, Gu Yanxi believes that in the cryptocurrency market, there are also many risks for investors in non-compliant derivatives exchanges, such as internal operational risks, bankruptcy risks, and running risks.
"If the internal management process is not good, the storage place is stolen, or it is a security mechanism, and the private key of the cold wallet is not firmly stored, resulting in the partial loss or overall loss of the key. For example, a centralized exchange can rewrite its own books at will, and it can fill in unlimited positions, but users don’t know. " He said.
Due to the high volatility of cryptocurrency assets, it often leads to violent fluctuations in many derivatives markets such as leveraged transactions and contracts. The processing capacity of the exchange’s trading system is particularly critical. If users can’t close positions and add positions in time, it may cause huge financial losses. In addition, due to the opacity of derivatives trading, small derivatives exchanges may have evil behavior, which seriously damages the interests of investors.
Cryptographic currency derivatives exchange is in urgent need of compliance
Compliance of cryptocurrency derivatives exchange is imminent.
At the end of 2017, Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) launched bitcoin futures contracts; During the same period, LedgerX launched the first physical settlement bitcoin futures contract in the United States. In 2019, Bakkt also launched bitcoin futures and options contracts, which is the first bitcoin option derivative approved by the US Commodity Futures Trading Commission (CFTC).
In the current cryptocurrency market, only these four local exchanges in the United States are approved by the regulatory authorities and operate derivatives transactions in compliance. In terms of policy, the regulatory policies of cryptocurrencies in various countries are still vague.
Gu Yanxi told the The Paper reporter: "At present, the trading volume of these exchanges is relatively large, and they are all registered in some small places and operated in different places, such as Seychelles or the Bahamas. The specific personnel may be in Singapore and Hong Kong, because there is no strict requirement for supervision in the local operation. But now Singapore and Hong Kong will also start to supervise, and they will definitely apply for a license in the future, just like the mainstream derivatives exchanges. If there is this requirement, the transaction volume will definitely be hit very hard. "
Gu Yanxi also pointed out that at present, all exchanges use USDT as the main trading medium, but it is also a non-compliant dollar stable currency. Once the US government sues USDT and takes regulatory measures against it, the traffic in the derivatives market will also lose a lot, so it will be very risky.
(This article is from The Paper, please download the "The Paper" APP for more original information)
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[See you at 8: 00] Shanxi Jishan responded to the abandonment of relief supplies.

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

The National Defense General launched a secondary emergency response to flood control in Beijing, Tianjin, Hebei, Shanxi and Henan.

Following "Du Surui", the Ministry of Agriculture and Rural Affairs deployed the defense work of Typhoon Kanu No.6 this year.

Ministry of Water Resources: No.1 flood occurred in Ziya River in Haihe River Basin in 2023.

The Central Propaganda Department and the Emergency Management Department jointly released the advanced deeds of "the most beautiful emergency management workers" in 2023.

The Ministry of Transport issued the Report on the Development of Marine Rule of Law in China.

Dalian reported 4 cases of inaction, inaction and chaos as typical cases.

Fujian electric power department urgently repaired and responded to "Du Surui", and over 80% of the damaged users have resumed power supply.

A red rainstorm warning was issued in Beijing, and the Forbidden City, Lama Temple, Summer Palace and Guobo were temporarily closed.

Baoding Flood Control and Drought Relief Headquarters: Do not go out unless necessary on July 31st.

Shanxi: Jingcheng Mining reported 40 accidents, 43 miners died and 16 public officials were investigated.

20 gold, 8 silver and 12 bronze, China swimming team ranked first in the gold medal list of Fukuoka Swimming World Championships.

Medvedev: If Russia loses its territory, it will have to use nuclear weapons.

Typhoon Du Surui has killed 16 people in the Philippines and affected more than 1.02 million people.

Russia said that Ukrainian drones attacked Moscow, causing damage to two office buildings and one injury.

Foreign media: Saudi Arabia will host talks on Ukraine and intends to invite many countries to participate in the peace agreement.

A strong storm in the Mariel Republic of Russia has killed seven people.

Arsenic-containing sewage from an excavation site in Hokkaido, Japan was leaked again during transportation.

Two small planes collided in the air in Wisconsin, USA, killing two people and injuring two others.

Yunnan Provincial Department of Culture and Tourism denied that "Yunnan announced the closure of tourist shopping stores around the country".

Shanxi Jishan responded to the abandonment of relief supplies: the relevant personnel were dealt with and Jingping Village was ordered to rectify.

Guangxi lost archivists talk about "being notified": I have not been retired as a staff member.

The anchor of goods in Yushan County, Shangrao, Jiangxi Province fictionally worked to earn money to treat his grandfather and was interviewed by the police.

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The 30-meter-high auxiliary police who jumped into the river to save people won the second-class honorary medal, and the Wuhan Public Security Bureau delivered the prize to the door.

The man took out 4000 yuan from someone else’s bank card and was praised by the police.

Shijingshan, Beijing reported that the road surface outside Jingxi Joy City collapsed: no casualties were caused.

Fujian Nan ‘an typhoon blew off the power line and the puppy was electrocuted. Good-hearted people were stationed for 2 hours to remind passers-by.

Guangzhou Chimelong Wildlife World: MengMeng, Shuai Shuai and Kuku, the only surviving giant panda triplets in the world, celebrated their 9th birthdays.

Don’t let the "study trip" become a "killing pig plate".

— — Jingchu. com comments on the problems of false propaganda, low price and high quality in the travel market

In the scorching sun, a minesweeper brigade of the navy in the southern theater organized a mine-sweeping exercise in a certain sea area. With the commander’s order, the minesweeper Hejian successfully detonated the mine.

In late July, female Tibetan antelopes who finished giving birth in Zhuonaihu Tibetan Antelope Aggregation, Hoh Xil, Qinghai, embarked on a journey of "returning home" with their young. Among them, Tibetan antelopes from the Sanjiangyuan area of Qinghai will go to their habitats through the Qinghai-Tibet Highway one after another.

"My college dream is round." Huang Zhen Yu, the first blind college entrance examination candidate in Fujian, was recently admitted to Jiangxi University of Science and Technology and will study broadcasting and hosting art. Huang Zhen Yu said that he would cherish his four years in college and strive to be admitted to the graduate school of his choice for further study.

See you at 8 o’clock tomorrow!

The Open Character of a City —— Shanghai Path to Promote High-quality Development (Part Two)

   [A magnificent new era of 70 years of struggle — — Promote high-quality development research bank]

  Guangming Daily reporter Shang Jie Yan Weiqi Xu Danlu

  A city has the character of a city.

  "The reason why Shanghai has developed so well is closely related to its open character, open advantages and open actions." On November 5, 2018, at the opening ceremony of the first China International Import Expo, General Secretary of the Supreme Leader introduced Shanghai to the heads of 172 countries, regions and international organizations.

  Shanghai, which should be born and prospered by opening up, has been leading the national opening-up trend since the founding of New China, especially after the reform and opening up. In the process of promoting a new round of high-level opening up all over the country, how can Shanghai continue to be the vanguard of national reform and opening up, play the role of pioneer, demonstration and breakthrough, and expand space and stimulate motivation for promoting high-quality development?

  Shanghai is exploring and practicing.

  The open field is constantly expanding.

  The opening-up of China’s financial industry started in Shanghai. The first foreign bank and the first foreign insurance company in China were born here.

  On April 10th, in the Shanghai Representative Office of Huaihai Middle Road, Nomura Oriental International Securities was in full swing to prepare for its opening. As the first domestic application and the first batch of newly established foreign-controlled securities firms, Nomura Holdings Co., Ltd. from Japan plans to hold 51% of the shares.

  On the same day, Junkang Iiyama, executive chairman of Nomura Holdings Asia (excluding Japan) and chairman of China Committee, said that Nomura set up a representative office in Shanghai in 1980s and has been a witness and participant in the opening-up of China’s financial industry. "At the Boao Forum last year, as a representative of the participating enterprises, I felt the confidence and determination of China to further expand the opening of the financial industry." Fortunately, we can seize the opportunity of China’s new round of opening to the outside world, and Shanghai is always at the forefront of opening to the outside world. Nomura is full of confidence in the future.

  Not only in finance and securities, but also in education and medical care, which are closely related to citizens’ lives, Shanghai has also taken a new step of opening up.

  Shanghai Yongxing Gynecology Hospital, located in Waigaoqiao Free Trade Zone, is the first wholly foreign-owned hospital in China. The settlement of this "foreign hospital" benefited from the pilot of the Shanghai Free Trade Zone. In 2013 and 2014, the Shanghai Free Trade Zone released the restrictions on the establishment of wholly foreign-owned medical institutions and the total investment, which made Japan Yongxing Group see the opportunity.

  "At the end of 2014, we applied for running the hospital. At that time, many people reminded that in China, a permit had to run many departments and cover more than a dozen chapters. We were worried that we couldn’t handle it, so we hired a consulting company for guidance at a cost of $20,000. In the process of actual settlement, the Free Trade Zone Management Committee and Pudong New Area supported it in many ways, and the bid was particularly smooth. The US$ 20,000 was a waste. " Fan Yu, president of the hospital, said with a smile.

  In the past two years, the first similar "foreign institutions" have sprung up in Shanghai: the first wholly foreign-owned credit investigation and rating agency — — Moody’s (China) Co., Ltd., the first wholly foreign-owned vocational training institution — — PricewaterhouseCoopers Business Skills Training (Shanghai) Co., Ltd., the first wholly foreign-owned travel agency — — Yixin Dalv (Shanghai) International Travel Service Co., Ltd., the first wholly foreign-owned performance agency — — "Bandai Nanmenggong (Shanghai) Interactive Entertainment Co., Ltd." … … In 2018 alone, there were 413 new service industry expansion and opening-up projects in Shanghai, and a large number of projects were officially put into operation, which stimulated the vitality of the market.

  Behind the cluster of "foreign institutions", it is the result of Shanghai’s continuous relaxation of market access, steady opening-up of financial industry, service industry and manufacturing industry, continuous benchmarking of international first-class and optimization of business environment.

  Continuous optimization of open environment

  Expanding opening up on the basis of high-level opening up requires greater courage and boldness. In 2018, Shanghai formulated and implemented "100 measures for opening wider to the outside world", and put forward five aspects, 20 tasks and 100 measures for opening wider to the outside world, among which it was clearly proposed to deepen the opening up in key areas such as telecommunications, education, medical care and culture. At present, all 93 local powers have been implemented.

  The bottleneck problems encountered by some enterprises in their development have been solved. In recent years, taking advantage of the east wind of "One Belt, One Road" construction, the orders received by Volvo Construction Equipment China Headquarters have greatly increased, but it has encountered the problem of offshore settlement. Under the original supervision system, large-scale machinery should be sent directly to Africa from Korean factories, and the goods could not be settled in China without customs declaration. Enterprises have to bypass Singapore to complete it, which is time-consuming and laborious and increases costs.

  The Jinqiao Management Committee of Shanghai Free Trade Zone has learned this difficult problem, communicated and negotiated with the customs, the People’s Bank of China, the safe and other departments for many times, and solved this problem by building an information comprehensive platform and a "white list" system. Zhan Xu, vice president and director of the company, said that this move not only greatly saved the cost of the company, but also increased the offshore trade volume of the company by four times. More importantly, the Shanghai headquarters has obtained the international contract flow, income flow and capital flow, and changed from the original "paper headquarters" to a veritable headquarters.

  At the same time, Shanghai has made great efforts to deepen the business environment. In 2018, Shanghai launched 56 reform measures in one breath against the top ten evaluation indicators of the World Bank’s business environment, and completed two batches of 198 pilot projects of "separation of licenses" reform, with an average reduction of 30.5% in work links and 52.8% in work time. At present, more than 99% of new foreign investment and changes are handled by filing, and the processing time is reduced to three working days.

  More and more international enterprises feel the change. In July 2018, the Tesla Super Factory project was officially signed and settled in Shanghai. Five months later, the project was granted the construction permit, which achieved the signing, land acquisition and construction in the same year, and was praised by Tesla CEO elon musk as "amazing Shanghai speed".

  The continuous expansion of the open field and the continuous optimization of the open environment have attracted investors from all over the world. More than 50,000 foreign-funded enterprises have become an important force supporting Shanghai’s economic development. They account for 2% of the city’s enterprises, contributing 1/5 of Shanghai’s employment, 1/4 of GDP and 1/3 of tax revenue, and creating about 2/3 of the city’s foreign trade import and export and the total industrial output value above designated size.

  The scale of attracting investment continued to climb, the structure of attracting investment continued to be optimized, and the quantity and quality of the headquarters economy improved. As early as 2002, Shanghai took the lead in introducing the interim measures to encourage multinational companies to set up regional headquarters, which have been revised and improved many times in recent years to promote the scale and energy level of regional headquarters. By the end of 2018, Shanghai had settled in 677 headquarters of multinational companies and 444 foreign R&D centers, and the number of headquarters continued to lead the country. A large number of global leading multinational corporations have settled in Shanghai, showing a good trend of "being in Shanghai for the world".

  "Shanghai experience" is replicated and promoted to the whole country.

  In the "Double Eleven" in 2018, the number of cross-border e-commerce orders in Shanghai reached 2.75 million votes, reaching 1 million votes per hour at the peak, the transaction volume reached 390 million yuan that day, and the customs clearance rate reached 98.4%, basically achieving "second customs clearance". E-commerce companies such as Tmall and JD.COM reported that the processing efficiency of Shanghai Platform ranked first in China.

  Behind consumers’ enjoyment of "Happy Shopping" is Shanghai’s unremitting efforts to continuously strengthen the construction of an open platform.

  The declaration time for import and export goods is reduced from one day to half an hour; The entry and exit procedures for ships have been reduced from two days to two hours. On April 11th, at the Shanghai Port Center, the reporter experienced the convenience brought by the single window of international trade in China (Shanghai). Since the construction started in February 2014, it has been upgraded and improved many times. At present, this window connects 22 departments and serves 270,000 enterprises, saving enterprises more than 2 billion yuan every year.

  The establishment of a single window in international trade has turned the former manual errands into data running, and also made "information exchange, mutual recognition of supervision and mutual assistance in law enforcement" a reality. At present, this single window supports 1/3 of the country’s import and export trade volume and has become the largest single platform for the global import and export business. In 2015, the General Office of the State Council officially issued a document to promote the construction experience of Shanghai single window to the whole country.

  And this is just one of the "Shanghai experience" replicated and promoted by the Shanghai Free Trade Zone to the whole country.

  After the 1.0 version of the overall plan, the 2.0 version of the deepening plan and the 3.0 version of the comprehensive deepening plan, the Shanghai Free Trade Zone has always adhered to the pioneering and institutional innovation for five years, and more than 120 institutional innovations have been replicated and promoted nationwide. In particular, the national treatment plus negative list management model before foreign investment access has become the most thorough and widely implemented achievement of the free trade zone reform, which has been replicated and promoted throughout the country.

  China International Import Expo is another open platform that Shanghai focuses on. On April 12th, Liu Fuxue, deputy director of China International Import Expo Bureau and vice president of National Convention and Exhibition Center, introduced that compared with the first session, the exhibition area of the second session of enterprises will increase by 30,000 square meters, a unified release platform for new products, technologies and policies will be added, an outdoor exhibition hall for displaying large machinery and vehicles will be added, and a high-end consumer goods area & HELIP; … Shanghai has fulfilled its promise of "running a level, achieving results and getting better and better" with actions.

  Accelerate the construction of a global asset management center, accelerate the construction of an integrated platform in the Yangtze River Delta, and enlarge and strengthen the international import and export commodity display and trading platform … … Shanghai is focusing on building an international economic, financial, trade, shipping and scientific and technological innovation center, continuing to open to the outside world in an all-round way and enhancing its ability to allocate global resources.

  "In the new era, Shanghai has to undertake the new mission entrusted by the central government, and expanding opening up is the only way." Li Qiang, secretary of the Shanghai Municipal Party Committee, said that the promotion of Shanghai’s urban energy level depends on expanding openness to gather resource elements, and the enhancement of core competitiveness should be considered and practiced under open conditions. In the future development, Shanghai will continue to adhere to the policy of opening up and opening up, and strive to build Shanghai into a new round of all-round opening-up highland in China, a bridgehead serving the Belt and Road Initiative, an Asia-Pacific gateway for allocating global resources, and a strategic support for China’s approach to the center of the world stage, and take the lead in building a new pattern of all-round opening up.

  Guangming Daily (April 22, 2019, 01 edition)

[Variety Strategy] Soda soda: Summary of opinions of several futures companies in the morning paper on September 02

Summary of views of soda ash organization Futures company Core view Nanhua futures By August 29th, 2024, the inventory of soda ash this week was 1,218,800 tons, from Monday to 0.72 million tons, and from last Thursday to 0.39 million tons. In the short-term rhythm, the reduction of supply will continue, and the static balance will be tight or even gap, resulting in destocking. Soda is exploring new cost support. Galaxy futures The domestic soda ash market is weak, and the price center of gravity moves down in a narrow range. Recently, the maintenance of enterprises has continued, and the start-up and output have declined. The fundamentals of soda ash have not improved significantly, and the pattern of oversupply remains the same. The price of soda ash fluctuated mainly in the short term. Arbitrage: 1-5 anti-set opportunity to enter. Xingye futures With the expansion of soda production capacity and the slowdown of demand growth, the long-term price center of gravity will move down. Short-term maintenance leads to supply contraction, traditional peak season and low disk valuation, which may support the price of soda ash in the short term. Strategically, soda ash 09 contract takes profit, and 01 contract is patiently held. Yongan research Soda soda futures were flat in the day and weak in the night, with low basis and high spread in September/January; Strategy: soda ash air distribution, glass air distribution. Sdic Anxin futures Friday night’s market fell sharply. The accumulation trend slowed down last week. Zhou Du’s output fell to 673,500 tons month-on-month. At the beginning of September, three large factories planned to overhaul, and at the same time, an alkali plant resumed production, which is expected to start to maintain oscillating operation. Photovoltaic output continues to decline, and heavy soda just needs to be reduced. At present, the glass industry continues to accumulate, and there is still a cold repair expectation in the future, which has become a negative point for soda ash. At the end of the month, the downstream low-priced goods will be replenished, but it is expected to last for a short time. The supply chain has eased to some extent, but it is not obvious, and the year-on-year increase is obvious. The downstream demand is weak and the drive is still insufficient. Shen Yin wanguo Pay attention to the drive of consumption in the market outlook and the adjustment of upstream supply. From a medium-term perspective, observe the effects of changes in real estate policies. The market outlook pays attention to the process of supply and demand adjustment, especially the adjustment degree of supply side and inventory changes. Zhengxin futures Short-term partial overhaul and improved shipping margin have slowed down the accumulation of soda plants, but the absolute inventory is still high. Recently, the disk surface has stabilized slightly but the support is expected to be limited. Under the expectation of future supply improvement, the medium-and long-term trend of soda ash has not changed. However, 01 can be traded for a long time and some valuations have been digested in the early stage, and the subsequent tradable logic has increased, and the decline may not be smooth. Hongye futures After the soda ash disk bounced back, it was suppressed again, and the first line of 1600 was under pressure. The maintenance of the enterprise continued, and the supply was low. During the week, the output of soda ash was 673,500 tons, a decrease of 15,700 tons from the previous month. Both downstream float and photovoltaic production lines are expected to be repaired by cooling water.

Will Dongfeng Peugeot, whose brand is gradually being marginalized, be the next legal brand to withdraw from China?

When it comes to Dongfeng Peugeot, many people may be able to think of its glorious history, but when they think about why Dongfeng Peugeot, which had unlimited scenery back then, has suddenly become what it is today. In addition to the decline in the influence of the legal brand, Dongfeng Peugeot itself also has some problems that cannot be ignored.

Taking Peugeot’s 508 model as an example, the Peugeot 508, as a sports-grade sedan, has frameless doors and hatchback tailgates that emphasize sports models in overseas markets. However, when the Peugeot 508 arrived in China, Dongfeng Peugeot cancelled the design of the 508 frameless door and hatchback tailgate, and adopted an ordinary sedan design scheme to become the Dongfeng Peugeot 508L. Although this approach will save the cost of vehicle construction, it will also reduce the competitiveness of its own products in disguise, which also makes it difficult for everyone to choose such a model that is introduced and reduced after weighing.

The lack of cost-effectiveness and the lack of comprehensive strength

Today’s Dongfeng Peugeot can be said to be facing a dilemma, that is, when major car companies are competing fiercely in the market, Dongfeng Peugeot’s brand influence and vehicle cost performance are difficult to compete with other brands. Whether it is Peugeot 408, 508L sedans, or Peugeot 2008, 4008 or even 5008 SUV models are unable to give consumers a satisfactory price/performance ratio. Coupled with today’s market changes, more and more models with excellent cost performance continue to emerge, which invisibly brings a lot of competitive pressure to Dongfeng Peugeot. If it cannot launch a model that can turn the tide, it may eventually die out in the automotive market.

Peugeot’s current predicament, in addition to the lack of cost-effectiveness, is also a major problem in terms of its comprehensive strength. The 1.2T, 1.6T and 1.8T engine technologies carried by its models have not undergone major upgrades for many years. The replacement of each model is more like a change in the interior and appearance. The intrinsic essence seems to be the same old thing, and even not as good as the old models of the year. Today’s consumer market is gradually moving towards a younger age. Major manufacturers compete more on the performance and cost-effectiveness of vehicles, while Dongfeng Peugeot, which is technologically backward, wants to survive in China. Perhaps it is really time to think hard and think about what kind of model consumers want.

The external environment is gradually compressing Peugeot’s living space

With the electrification reform of the automobile market, a large number of new car-making forces have emerged, and the status of established car companies has brought a complete reshuffle. Today’s traditional companies have to face a cruel fact – only in the field of automotive electrification reserve knowledge, traditional car companies are not much ahead of new car-making forces. Peugeot is more like half a beat slower than other car companies, and has not yet come up with a bright pure electric model, which has directly become the culprit of Dongfeng Peugeot’s gradual loss of competitive advantage with the market.

Automotive Network Review: Dongfeng Peugeot urgently needs a model that can break the game

The future of Dongfeng Peugeot in China is worrying. The accelerated development of domestic automakers has already had a great impact on joint venture automakers. For Dongfeng Peugeot, which lacks cost performance and brand reputation, the impact is self-evident. If Dongfeng Peugeot cannot come up with a model that has regained market recognition in a short period of time, Dongfeng Peugeot is really not far from the day it withdraws from the Chinese market.