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On July 14th, Xiaomi disclosed the latest progress of its humanoid robots in an automotive factory. After four months of iteration, the success rate of Xiaomi robots in the self-tapping nut loading station has increased from 90.2% to 98%, just one percentage point away from the pass rate of manual operation. Simultaneously, the team also launched two tasks: sorting center console side covers and folding and recycling material bins, both achieving a success rate of 90%. Notably, the center console side cover sorting station scenario showcased by Xiaomi marks the first time that long-term continuous operation of flexible workpieces has been achieved in an automotive factory.Google is extending the Gemini AI feature in its Chrome browser to desktop users in the UK, with an iOS version coming next month.On July 14th, the National Health Commission, the State Administration of Traditional Chinese Medicine, and the National Bureau of Disease Control and Prevention issued a notice requiring all regions to further improve the centralized procurement of medical equipment by public medical and health institutions. All public medical and health institutions nationwide must implement centralized procurement for medical equipment listed in the national, provincial, and municipal centralized procurement catalogs. The National Health Commission and provincial health administrative departments will each formulate their own centralized procurement catalogs for medical equipment, and organize implementation after filing with the corresponding finance departments as required. The notice emphasizes adhering to the principle of "high quality, high price," establishing a full life-cycle cost management concept for equipment, fully considering both one-time procurement costs such as quality and price, and long-term costs such as consumables, reagents, and after-sales maintenance services. It calls for scientifically setting evaluation standards, rationally selecting evaluation methods, strengthening the review of abnormally low prices, preventing "involutionary" competition, and promoting the transformation of centralized procurement from a single goal of saving funds to a comprehensive performance goal of high quality, high price, and high quality.On July 14th, JPMorgan Chase issued a report reiterating its "Overweight" rating on Tencent Holdings (00700.HK) with a target price of HK$690. The bank believes Tencent remains the highest-quality compound growth stock in the Chinese internet sector, possessing sustained user engagement, continuously improving game and advertising monetization capabilities, strong profit margins and balance sheet strength, and the option of AI with a tangible monetization path. The report notes that due to Tencents increased AI investment and the anticipated depreciation starting in the second half of this year, the bank lowered its 2026 fiscal year non-IFRS earnings per share forecast for Tencent by 5% to RMB 28.47, while raising its 2026 capital expenditure forecast to RMB 200 billion. However, the bank emphasizes that these adjustments reflect heavier AI investments and depreciation, rather than a deterioration in Tencents existing core businesses. The bank expects second-quarter revenue to grow by about 9% year-on-year, with value-added services revenue growing by 5% to 6%, gaming revenue by 9% to 10%, marketing services revenue by 18% to 19%, and fintech revenue by about 5%, which is largely in line with market expectations.On July 14th, Citigroup released a research report stating that CGN Power (01816.HK) saw its on-grid electricity volume decline by 3.3% year-on-year to 109.6 million MWh in the first half of the year, while average unit utilization hours decreased by 6.1% year-on-year to 3,554 hours. The proportion of market-based electricity sales increased by 9.8 percentage points year-on-year to 65.9%. Citigroup currently forecasts a 7.8% year-on-year decline in net profit to RMB 2.7 billion in the second quarter, mainly due to the increased proportion of market-based sales. Citigroup believes that the increase in spot electricity prices in Guangdong Province in the second quarter will have a limited impact on CGN Power, as over 95% of its market-based electricity is sold through long-term contracts. In response to the decline in utilization hours, Citigroup lowered its net profit forecasts for CGN Power from 2026 to 2028 by 3% to 6%, and its target price by 23% from HKD 3.2 to HKD 2.45, maintaining a "Sell" rating. Citigroup believes that the current price is not attractive given the declining earnings and the projected dividend yield of only 3.8% in 2026.

Better than Buffett? Geraldine Weiss, the Blue-Chip Queen in men's world

LEO

Oct 25, 2021 14:06

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Although there is no chance to get a typical economics education, Jared has been studying economics through all the books she can find in the San Diego library and listening to the teachings of her parents (both investors). When she started looking for a job in the financial industry, she was rejected by all the investment companies she had applied for. She said: "This is a man's world, and women's applications are not accepted."


Geraldine Weiss's career almost ended before it even started. She decides that if there is no company hired in the end, she will start her own. At the age of 40 in 1966, she founded the well-known American investment publication "Investment Quality Trend" and has been adopting the masculine name G. Weiss in the industry to hide the identity of women. It was not until ten years later that the gender was indicated.


Geraldine Weiss is known as the "blue chip dividend queen", she invented a very smart investment strategy. Warren Buffett (Warren Buffett) will follow four principles when choosing stock investment, but Weiss’s investment strategy only needs one principle. If Buffett follows her strategy, this will bring him more profits.


Through years of investment, she has developed a value-based, dividend-oriented stock selection strategy. This strategy focuses on companies with relatively high yields and uses dividends and other qualitative factors to measure the value of stocks. Buy stocks when yields are close to historical highs, and sell when yields fall.


 Suddenly, this strategy was far more popular than others. Weiss uses seven core criteria in her strategy, including comparing current and historical average returns on stocks.


Today, many women in the financial world still face gender discrimination. But there are more and more intelligent, strong-willed and brave women like Geraldine Weiss, making this secular prejudice less and less.


About "Investment Quality Trend"

Investment guru Mark. Mark Hulbert praised the investment analysis of "Investment Quality Trend" in Forbes magazine in November 1992. From 1986 to 1992, its analysis brought a return rate of 155%, which was outperforming the Wilshire5000 index's 125%, and its volatility rate was 20% lower than the Wilshire5000 index. Its effectiveness has been ranked in the top 10% of the investment advisory industry. Inside. Geraldine Weiss is also the author of "The Dividends Connection-How Dividends Create Value in the Stock Market" (co-authored with Gregory Weiss) and "Dividends Don't Lie".


The characteristic of "Investment Quality Trend" is that it selects about 350 blue chip stocks as the subject of investment analysis, cites six simple criteria, evaluates the quality of stocks, and defines the necessary conditions for blue chip stocks. The six criteria are as follows:


    • Dividends must grow 5 times in the past 12 years

    • In the Standard & Poor's physical fitness assessment, it must be A-level or above, representing an investment fitness above the average level.

    • The number of outstanding shares should be at least 5 million shares to ensure sufficient market liquidity.

    • At least 80 institutions hold the shares

    • Must pay dividends without interruption for at least 25 years

    • In the past 12 years, the company's earnings must have grown for at least 7 years