Twenty years after the Hang Seng Index, the battle between the emperor, the nobles and the beggars’ gangs.

This article is a reprinted article. The opinions mentioned only represent personal opinions, and the subject matter involved is not recommended. Therefore, you should buy and sell it at your own risk.

Author: Jiro Fund

Source: Snowball

Recently, I sorted out the changes of important heavyweights in the Hang Seng Index since 2000, which is quite interesting. Maybe I can find some investment opportunities from it. In the past 22 years, BLACKPINK, a heavyweight of all kinds, appeared, and the imperial grandson was a beggar, each with his own role. Because I can’t find out the changes of the heavyweights in the Hang Seng Index, I specially read the annual reports of TraHK since 2000 and sorted out the data based on the shareholding ratio disclosed in its annual report. TraHK is a fund that follows the Hang Seng Index, so this deviation will be relatively small and the degree of certainty will be relatively high.

We divide the main heavyweights into three categories: the emperor’s grandson, the aristocrat and the beggar’s gang. Grandsons mainly refer to companies that have been rooted in Hong Kong for a long time and are of great significance to the local economy and historical development of Hong Kong. The samples are Cheung Kong Industrial 00001, Sun Hung Kai Properties 00016, CLP Holdings 00002, Hong Kong Stock Exchange 00388, HSBC Holdings 0005 and Hang Seng Bank 00011.

Noble shares mainly refer to the central enterprises that have made great contributions to China’s national economy, with stable profits and dividends. The samples are Industrial and Commercial Bank of China 01398, China Construction Bank 00939, Bank of China 03988, Bank of China Hong Kong 02388, Bank of Communications 03328, China Merchants Bank 03968, China Shenhua 01088, China Petroleum 00857, China Petrochemical 00386 and China Offshore Oil 006. At the same time, it also includes some private or foreign companies, such as China Ping An 02318 and AIA 01299. Beggars’ gangs mainly refer to some so-called new economic companies. These companies basically have no stable profits or dividends, and their returns to investors are unstable. They mainly make a living by burning money and cutting leeks. The samples are Tencent Holdings 00700, Alibaba 09988, Meituan Takeaway 03690 and Xiaomi Group 01810.

Since 2000, we have found that the changes in the category of heavyweights can be divided into four stages.

The first stage is the emperor and grandson (2000-2006). This stage is basically the world of the emperor and grandson, and the nobility has emerged temporarily. HSBC Holdings has maintained a weight of around 20-30% for a long time, with a group of younger brothers, such as Hang Seng Bank, dominating the pricing power of Hang Seng Index for a long time. At this time, the aristocrat made an only child, China, whose weight was not small, and it was always between 10% and 20%, with fluctuations. In this period, the Hang Seng Index can be said to be controlled by HSBC Holdings, with China Mobile as an accomplice, forming a combination of two swords. The two heavyweights joined hands to lead the Hang Seng Index out of the gloom after the financial crisis in 1997 and the bursting of the dotcom bubble in 2000, and regain its upward trend.

The second stage is the rise of nobility (2007-2012). Since central enterprises went public in succession from 2002 to 2008, the number of state-owned enterprises in the Hong Kong market increased, and these state-owned enterprises are core assets of China with high profits and dividends, so the Hang Seng Index was incorporated into a number of companies in 2007. PetroChina, Sinopec, CNOOC, China Construction Bank, ICBC, BOC, Shenhua, Bank of Communications, China Life Insurance and Ping An were included in the Hang Seng Index in 2006 and 2007. To this end, in 2007, the eldest brother of the Huangsun family, HSBC Holdings, was forced to reduce its weight by nearly half to give way to the nobles of central enterprises. Until the end of 2019, the central enterprises on behalf of China Construction Bank have maintained a high weight of around 8%. Meanwhile, China Mobile also began to be forced to lower its weight in 2009, giving way to the brothers of other central enterprises. The central enterprise sector has contributed to the stock price jumping up and down in the post-crisis era in 2008 and 2009.

The third stage is internal and external collusion and the rise of beggars’ gangs (from 2013 to 2019). At this time, Tencent Holdings, the leader of the Beggars’ Gang, was born. In 2013, its weight was suddenly doubled to 7.37%, and in the following years, its weight rose all the way to 10.6% in 2019, defeating Huang Sun and nobles in one fell swoop and becoming the largest heavyweight in the Hang Seng Index. On the other hand, AIA, the American imperialists, also gained weight all the way during this period. In contrast, the aristocratic groups were eclipsed, and central enterprises such as China Mobile were downgraded. The biggest victim was China Mobile. In 2019, under the impact of the delisting of the US imperialists, the stock price plummeted, and the weight also plummeted. With the cooperation of AIA, Tencent, the leader of the beggar gang, took advantage of the opportunity of Hong Kong Stock Connect to push the Hang Seng Index to rise steadily during this period (although it experienced a stock market crash in the middle).

The fourth stage is to worship foreign things and flatter foreigners, and to help beggars all over the world (2020-present). In 2020, Tencent Holdings, the leader of beggars’ gangs, led a group of beggars’ gangs to fully occupy the heavyweights of the Hang Seng Index. Except Tencent’s 9.51% weight, Ali, Meituan and Xiaomi exceeded 4% weight when they started, and the total weight of the four beggars has exceeded 24%. We should know that two of these four enterprises are unprofitable for a long time, three of them do not pay dividends for a long time, and only one of them occasionally gives a few points every year. AIA Holdings of the US imperialists also gained a 10% weight in 2020. The representative of the aristocratic group, China Mobile’s weight has been reduced to about 2%, which can be ignored; Shenhua was even expelled; The weight of three barrels of oil is even less, and the aristocratic group has suffered an unprecedented blow. In 2021, with the dismissal of Bank of Communications, it reached freezing point. The weight of AIA Holdings and the four beggars is close to 40%, and even the former imperial grandson represents HSBC Holdings with only about 7%. Internal and external collusion, the beggar brothers won an all-round victory. Sadly, the Hang Seng Index, led by beggars’ gangs, has fallen miserably in the past two years.

From the above four stages, we can probably see several problems:

First, the adjustment of the heavyweights of the Hang Seng Index has developed in response to market changes. The tide of listing of central enterprises from 2002 to 2008 created the conditions for central enterprises to be included in the Hang Seng Index. In 2013, the Hong Kong Stock Connect is ready to be opened. Tencent Holdings, as an Internet enterprise with a lack of cancer stock market, will be highly sought after by mainland funds after its opening. It is expected that under the hype, it will be promoted by a large proportion. Since 2019, various non-profit new economic enterprises have been listed on Hong Kong stocks in large quantities, which has created the Hang Seng Index, the top four beggar gangs. Therefore, on the surface, every time the heavyweights change blood, it is the Hong Kong Stock Exchange that conforms to the market.

Second, is the inclusion of heavyweights really good? The answer is no! In 2007, central enterprise groups were included in the Hang Seng Index and dominated the list. The direct result was the financial crisis in 2008, and major central enterprise stocks were almost included in the index at a high level. Also in 2020, when the four beggars dominated the Hang Seng Index, it was precisely the high point of these companies’ share prices. On the contrary, China Mobile, China Shenhua, and Bank of Communications, which were downgraded again in 2020, were dismissed in 2021, but their share prices bottomed out soon and got out of the slow cattle.

Third, frequent takeover of index funds at high positions, conspiracy or conspiracy? I can’t draw a conclusion about this, but there are several details worth considering. 1) From 2002 to 2007, when central enterprises went public, many foreign investors (mainly American imperialists) were important strategic investors during or before IPO. After entering the market at a low price, they inevitably needed an opportunity to escape. Just in 2007, in line with the big bull market environment, they threw a package of central enterprises directly into the Hang Seng Index, and many of them were not low in weight, and then everyone knew. 2) In 2020, China Mobile suffered a blow from the U.S. imperialists. In that year, it directly reduced its weight by half from more than 4%, which was not too high, and thus severely suppressed its share price. 3) In 2020-2021, when the share price of Internet companies rose sharply, the weight of the four beggars was greatly increased. The major shareholder behind the four beggars is precisely foreign capital, and everyone has seen the following things. Index funds have repeatedly taken over high positions. Is it a conspiracy or an open plan?

From the above questions, we may get some investment suggestions or judge some future trends.

1) Companies that are newly included in the index or have a high proportion of weight will be doomed sooner or later unless they have sustainable development and long-term reasonable dividend returns (such as HSBC Holdings).

2) A company that has been expelled or drastically reduced its weight, if its profits are stable and its dividends are long-term and reasonable, may be a time to enter the market for a long time. Such as China Shenhua and China Mobile in 2020.

3) At present, the aristocratic central enterprises have been suppressed for ten years, with little weight left, but these enterprises have stable profits, large net profits and generous dividends, and may be reborn in the next 1-2 years. Both share price and weight may rise sharply; Beggars’ gangs, due to the lack of sustained profits and dividends, have inflated stock prices and great power, and their stock prices and weights will face tremendous downward pressure in the future.

Therefore, happiness depends on misfortune, and misfortune depends on happiness. It is not a good thing to dominate the list, and it is not a bad thing to be fired. Everything in the world goes on and on. Next year, the environment may change.

Every squat is for jumping higher next time! When the market is in a downturn, Xiaoxue will accompany you to charge.

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Top Ten Breakthroughs in 2022 Selected by Science

  Looking up at the starry sky, ploughing the earth, exploring and deciphering … Recently, Science published the top ten scientific breakthroughs in 2022, leading people from a scientific perspective to pursue the past and the present.
  Peeking into the "golden eye" of deep space 
  The james webb Space Telescope (JWST), launched on December 25th, 2021, still produced many amazing achievements in 2022, despite the twists and turns of small space rocks. From the newborn star whose poisonous spider nebula is gradually covered by dust clouds, to the high-precision version of the pillar of creation, which is clearly visible even to the red newborn star, to the deepest and clearest infrared image of the distant universe so far … This "golden eye" with a gold-plated mirror, which took 20 years and cost 10 billion US dollars, has brought countless surprises to astronomers, making it the top scientific breakthrough in Science in 2022.
  Planting perennial rice for three or four years at a time. 
  Spring planting and autumn harvest, year after year, the hard work of farmers is self-evident. However, the perennial rice varieties developed by Hu Fengyi of Yunnan University in China, together with researchers at home and abroad, can be harvested continuously for three or four years from the second season after being planted once, eliminating the repeated work of farmers such as buying seeds, raising seedlings, plowing and transplanting for several weeks every year. Skipping this step, the workload of rice planting per person per hectare per season can be reduced by 77 days, and the cost can be reduced by half. In addition, the nutrients in the fields planted with perennial rice have increased. But in the fifth year, the output will drop a lot, and it needs to be replanted. The birth of this revolutionary perennial rice has injected new kinetic energy into the sustainable agricultural development.
  Creative AI is "accelerating" 
  Playing chess, programming, playing board games, doing scientific research, and creating … In 2022, artificial intelligence (AI) is entering the field that is considered to be controlled by only human beings at an extremely fast speed. The text-generated image model flooded with social media platforms is refreshing. It can analyze and correspond to pictures and words on the network through machine learning technology, and create new images according to the text input by users. For example, DALL-E, a software launched by OpenAI, can generate several pictures that meet this description after receiving the instruction of "armchair in the shape of avocado". All these AI models based on diffusion can be used by the public, and even an artist won an art contest by using the pictures generated by one of the models. It can be seen that when AI has creativity, its strength can not be underestimated, or it can surpass human beings.
  The "giant" in the bacterial world 
  The "thinness" of bacteria means that it is a "small head" that can only be observed by a microscope. But there are also bacteria that are not small. One-celled bacteria called Thiomargarita magnifica, like hair, hang on the fallen leaves in mangrove water. A filament is a cell, 1 cm long and visible to the naked eye. This single-celled bacterium, the largest so far, has been subjected to detailed structural analysis and sequencing. Its discovery inspired scientists looking for large and more complex bacteria. They believe that the "giant" of bacteria like Thiomargarita magnifica may be hidden under people’s eyes.
  RSV vaccine breaks free from the shackles of "death" 
  The vaccine developed to conquer respiratory syncytial virus (RSV) could not cure the disease 50 years ago, but might cure the dead. At that time, a clinical trial of experimental candidate RSV vaccine resulted in the death of two children and 80% of the vaccinators were hospitalized. Since then, the research and development of RSV vaccine has been stagnant for decades. This year, two RSV vaccines broke free from the shackles of "death", which proved that they can safely protect infants and the elderly, the two groups most affected by RSV infection. These two vaccines can prevent people over the age of 60 from suffering from severe illness without serious side effects, and even one of them can be vaccinated by mothers in the third trimester and can pass antibodies to the fetus, protecting the baby from RSV for up to 6 months.
  This virus induces MS’s "accusation" to sit down. 
  Multiple sclerosis (MS) is a disease of "one’s own beat one’s own", that is, the immune system attacks neurons. Mild patients have blurred vision, fatigue and numbness, while severe patients will gradually be unable to speak and walk. Scientists have previously locked in the "suspect" Epstein-Barr virus (EB virus), but they have not found the key evidence of its "crime". Because although almost all MS patients have antibodies to EB virus, 95% of healthy adults also have the antibodies. Therefore, it is difficult for researchers to determine whether the virus is the cause. This year, researchers used a large number of military medical records to "convict" EB virus, which proved that the protein contained in EB virus can deceive the immune system and make it attack nerve cells, thus causing nerve damage. This discovery may lead to a new way to treat or prevent this mysterious disease.
  The United States no longer talks about reducing emissions through climate law 
  As the old saying goes, "all talk and no practice." For decades, American scientists have been in the forefront of the world in recording and analyzing climate change risks. However, as the world’s second largest emitter of greenhouse gases, the United States has never passed a law to implement a substantial reduction in greenhouse gas emissions. Finally, this summer, an inflation reduction bill (IRA) was passed, which is expected to end the previous "empty talk" in the United States. The bill is the biggest step in the history of the United States to slow down global warming. It will provide $369 billion for renewable energy and nuclear power generation in the next 10 years, encourage the comprehensive transformation to electric vehicles and encourage research related to reducing industrial emissions. This will enable the United States to reduce its greenhouse gas emissions to 40% of the 2005 level in 10 years. However, it may not be enough for the United States to realize the promise of the Paris Agreement by IRA alone.
  The "gift" of the Black Death hidden in genes 
  The Black Death, the plague, was once a lingering nightmare for Europeans. About half of Europeans died of the disease 700 years ago. However, while it takes life, it also gives the living a "gift"-genetic variation that enhances the immune response to Yersinia pestis (the pathogen of plague). The research team discovered this genetic variation by analyzing the ancient DNA in the bones of more than 500 people buried before, during and after the Black Death in London and Denmark. In the century after the Black Death, this protective gene variant spread rapidly among the European population, which is by far the most powerful case of natural selection in the human genome.
  Man’s first planetary defense test was successful 
  On September 26th, 11 million kilometers away from the Earth, a spacecraft the size of a vending machine hit an "innocent" asteroid with a diameter of 160 meters-Dimorphos at a speed of 6 kilometers per second. This "violent" action is the first field test of planetary defense mission in human history, that is, NASA’s double asteroid redirection test (DART). It is not calm around the earth, and whispers often patronizes it. Although most of them are exhausted when entering the atmosphere, it does not rule out that there are larger celestial bodies, such as asteroids, which threaten the safety of the earth. The solution is to hit the asteroid hard enough to make it turn, but not too hard at the same time, causing it to launch small rock fragments to the earth. The success of the DART mission provides more data for scientists to improve the planetary defense plan.
  Ancient DNA sequence of frozen soil reveals the lost world 
  How long can DNA be preserved? The latest answer is 2 million years. Recently, scientists extracted the DNA sequence of 2 million years ago from the frozen soil in the northeast corner of Greenland. These oldest DNA sequences so far depict a lost world-this desolate and barren place was once home to mastodons and reindeer 2 million years ago, and was covered by poplar, spruce and yew forests that are common in low latitudes, as well as sedges, shrubs and birch trees that still grow here today. These findings show that ancient sedimentary DNA may help uncover the amazing face of the past ecosystem.
  

How to get the clue increment in the short video era? Project Stars, get to know it.

Control the new amount and circulate new infrastructure. At present, the short video live broadcast platform has become the largest content consumption carrier in the era of mobile Internet, and it is the core channel for users to obtain information, which has a great influence on users’ car purchase decisions and is more advanced. For many car manufacturers and dealers, how to deepen the value on the short video live broadcast platform is no longer a new topic, and how to continuously gain clues on the short video platform is the focus of their attention.
In order to help more auto dealers complete the new media infrastructure and start the positional operation on the Aauto Quicker platform, on November 14th, at the 2023 China Auto Circulation Industry Development Forum, Aauto Quicker Auto and china automobile dealers association jointly released the "Star Plan" to help more partners tap the growth dividend of the auto industry and jointly create new circulation infrastructure.
According to Wang Qiufeng, the head of Aauto Quicker’s automobile business, the Star Project will cover nearly 100 cities in six regions of China, and Aauto Quicker will open 10,000 free dealer support places to help dealers grow rapidly on the Aauto Quicker platform by means of cash incentives and traffic support.
Aauto Quicker has become a clue for car companies to operate the blue ocean.
Where does the clue increment come from? The energy of Aauto Quicker platform should not be underestimated. Wang Qiufeng showed a set of data. The daily active users of the Aauto Quicker platform have reached 376 million, of which the cumulative number of car interest base users has reached 200 million; Secondly, the daily average number of users watching live car broadcasts in Aauto Quicker has exceeded 50 million. At the same time, nearly 5 million users will search for car-related content on the Aauto Quicker platform every day, and the high-intention business opportunities such as capital retention, consultation and comment by users exceed 6 million per month. Aauto Quicker has become a clue that car companies can’t be ignored to operate the blue ocean, where there is a huge amount of potential objects of car consumption.
In this blue sea, there is a huge bonus to be tapped. It can be roughly divided into three aspects: demographic dividend, clue dividend and operating dividend.
The so-called "demographic dividend" is reflected in Aauto Quicker’s penetration advantage for people in new-tier cities. At present, the total number of users in Aauto Quicker’s new-line cities exceeds 238 million, and the coverage of users in third-line and below new-line cities reaches 44.3%. At the same time, compared with other platforms of the same type, the exclusive population value of Aauto Quicker continues to stand out, and the coincidence rate of users has reached a new low in 23 years.
On the Aauto Quicker platform, the total amount of original clues and high-potential business opportunities is also rising continuously, reflecting the huge demand and purchasing power of Aauto Quicker users, and the clue bonus is being further released.
At present, the matrix operation of Aauto Quicker dealers is still in the development period of dividends. However, the dealer partners who settled in early have achieved certain business growth. Through scientific matrix management, they have achieved a steady increase in the number of leads and reduced the cost of obtaining customers. It can be said that during the dividend period, the earlier you invest, the stronger your business ability and the greater your clue income.
Three Incentive Policies Help Dealer Matrix Management
For car dealers, the infrastructure in the offline circulation field is offline site selection and decoration, store management, personnel performance, etc., while the new infrastructure on the line needs a completely different capability model, which includes the ability to make short videos, live broadcast, streaming, and interact with users. The acquisition of these capabilities requires not only the careful work of automobile dealers, but also the support and encouragement of the platform.
Considering the practical problems such as the pressure of new media operation and the shortage of manpower for automobile dealers, Aauto Quicker has launched three support policies to help dealers quickly establish the basic pattern of matrix operation in Aauto Quicker.
In the construction of brand official number, Aauto Quicker provides comprehensive operation services. Provide comprehensive and systematic solutions from account maintenance, short video production, to live broadcast operation. At the same time, Aauto Quicker will provide a series of long-term escort services such as directional traffic support, targeted training for flow-casting personnel, account operation guidance, traffic monitoring, and stage resumption summary. There is also the continuous incubation of dealer KOC benchmark accounts, from content operation to personnel planning, and then to account diagnosis for systematic planning and continuous tracking.
It is worth mentioning that Aauto Quicker’s traffic upgrade in automobile marketing has been iterated from the stage of 1.0, which is only aimed at brand exposure and CPM sales mode to the stage of 3.0. It is understood that in the 3.0 stage, Aauto Quicker platform can help dealers to better optimize the crowd acquisition model and acquire customers accurately at low cost by analyzing the characteristics of the automobile industry. At the same time, with clues as the core bidding target, dealers can control the front-end consumption more flexibly and achieve a high cost-effectiveness ratio.
The product that came into being in the 3.0 stage, Aauto Quicker Automobile Dealer Matrix One-stop Management Platform-Tanchetong, has been upgraded and launched.
Tanchetong mainly helps dealers from traffic to positional management, and deeply penetrates every detail of operation. According to the relevant information released by Aauto Quicker, the core practical application of Tanchetong is mainly reflected in "three managements"-one is account management, and Aauto Quicker platform can help dealers to aggregate the business data of all accounts, and at the same time, with the help of the platform, real-time traffic monitoring can be carried out for single account live/short video works; The second is the management of business opportunities. The background of the car probe can help dealers manage users’ private messages, interactions, comments and other behaviors, and at the same time do effective and timely follow-up after the clues are retained; Another is traffic management. Advertisers can recharge their matrix wallets, dealer groups can distribute traffic to stores, and stores can distribute traffic to anchors, thus realizing the functions of matrix distribution and proxy investment of traffic.
Fanxing plan helps Wanjia dealers complete new infrastructure.
If in the past, the assessment of dealers’ stores was based on store management, personnel management, follow-up efficiency and customer visits, then today’s dealers should not only decorate new media stores, shoot short videos, sell cars live, interact, but also know how to invest and live … New media, new channels and dealers’ ability require rapid iteration and seize opportunities in order to survive in the red sea, the most popular automobile market.
In order to better help dealers to quickly complete the infrastructure construction on the Aauto Quicker platform, Aauto Quicker Automobile and china automobile dealers association jointly released the "Star Plan" to accelerate the opening of Aauto Quicker’s positional operation for dealers, and gain clues and growth.
Stars are the bright stars that Aauto Quicker hopes dealers can become the automobile ecology in Aauto Quicker. It is understood that the "Star Project" includes four stages:
The first stage is the cloud classroom. Aauto Quicker will invite Wanjiamen to participate in the online teaching of systematic courses online, and provide centralized and systematic training and guidance on the topics that dealers are most concerned about in the daily operation of Aauto Quicker platform matrix;
In the second stage, it is an open class. Aauto Quicker will land in six automobile regions across the country, and open 12 rounds of open training classes offline. In combination with the pain points and difficulties encountered in localized operation, it will output targeted special training courses, and at the same time, it will invite experts from china automobile dealers association to participate and truly solve the problems encountered in daily matrix operation;
The third stage is community running. Aauto Quicker will build a private community, invite Aauto Quicker Auto’s operation experts to settle in, answer the puzzles and problems encountered in daily operation and maintenance online, and escort the actual combat;
The fourth stage is the sprint spree. China automobile dealers association, together with Aauto Quicker, will send a sprint spree to 10,000 dealers, covering platform-specific incentives and subsidies in multiple dimensions, such as traffic, cash, car purchase, store arrival and transaction.
What is hidden under the wave of new infrastructure is new opportunities and new growth. Aauto Quicker Automobile will play the role of booster to help major dealers jointly explore the growth dividend of the automobile industry and jointly create new circulation infrastructure.
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The investigation report on the situation in Yemen is shocking: deploying child soldiers to kill innocent civilians by air strikes.

       CCTV News:On the 3rd, the investigation team sent by the United Nations to Yemen released an investigation report on the situation in Yemen in Geneva. The report points out that the United States, Britain and France may all be involved in war crimes in Yemen — — Because these countries provide weapons, intelligence and logistical support to the "multinational Coalition forces" led by Saudi Arabia.

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       According to reports, UN investigators have compiled a confidential list of suspects who may be involved in international war crimes. The data comes from their latest report on the conflict between the "multinational Coalition forces" and the Houthi armed forces in Yemen for four and a half years.

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       The report also accused the "multinational Coalition forces" of killing innocent civilians in Yemen by air strikes and deliberately not providing food to Yemenis facing famine; The Houthi armed forces were accused of shelling the city, deploying child soldiers and launching a siege war.

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       In September 2014, Houthi armed forces in Yemen seized the capital Sana ‘a, forcing President Hadi to take refuge in Saudi Arabia. In March 2015, the "Multinational Coalition Forces" led by Saudi Arabia launched military operations against Houthi armed forces — — The conflict in Yemen has escalated.

[Dragon Boat Festival Science Popularization] The fragrant leaves are used for dragon boat races, and the Dragon Boat Festival is healthy and dynamic.

Wish you peace and health on Dragon Boat Festival

The fifth day of the fifth lunar month is the traditional Chinese folk festival Dragon Boat Festival. Dragon Boat Festival is not only called Duanwu and Duanyang, but also has many nice nicknames, such as Noon Festival, Chongwu Festival, May Festival and Bathing Orchid Festival.

In addition to eating zongzi and racing dragon boats, the Dragon Boat Festival is also a big festival for the whole people to prevent diseases, avoid plague and drive away drugs, and pray for health and longevity. It is commonly known as the "Health Festival". To this end, the Dragon Boat Festival health also has some special stress.

Have a light diet, strengthen spleen and stomach.

Zongzi is a traditional food during the Dragon Boat Festival. Eating Zongzi can be balanced in lightness and clear in balance. It is indeed a timely tonic and dietotherapy recipe, and it is the best health food around the Dragon Boat Festival.

Traditional Chinese medicine believes that glutinous rice is sweet and flat, and has the functions of invigorating qi and spleen, appetizing and promoting digestion. As far as the ingredients of zongzi are concerned, it also has a good health care function. For example, jujube, adzuki bean, mung bean, etc. have the effects of enriching blood, calming nerves, diuresis and detoxification. It is worth mentioning that the leaves used to wrap zongzi are more exquisite. Reed leaves are mostly used in the north, and bamboo leaves or lotus leaves are mostly used in the south. These leaves have good medicinal functions. Reed leaves can clear away heat and promote fluid production, remove troubles and quench thirst; Bamboo leaves can clear away heat, relieve annoyance, induce diuresis and detoxify; Lotus leaves can clear away heat, promote diuresis, and soothe the stomach. However, everything is in moderation. If you eat too much zongzi during the Dragon Boat Festival, it will be detrimental to digestion, hinder the ascending and descending of the spleen and stomach, and lead to constipation, bloating and other symptoms.

Moderate exercise can strengthen the body.

To celebrate the Dragon Boat Festival, sports and entertainment activities are undoubtedly an important content.

Traditional sports during the Dragon Boat Festival, such as dragon boat race, duck grabbing in water, hiking and mountaineering, are all good recreational and fitness activities. Moderate aerobic exercise, sweating, can achieve internal and external access, balance between yin and yang, and strengthen the body; However, excessive exercise will cause physical injury, gas consumption, fatigue, dryness and heat, which is harmful to health.

Epidemic prevention and disease elimination, plague prevention and exorcism

Since the Dragon Boat Festival, there has been a folk custom of "hanging Ai people, wearing Ai Hu, drinking Ai wine, eating Ai cake and smoking Ai Ye". Wormwood is a kind of medicinal plant, which is bitter in taste, slightly warm and nontoxic, and has the functions of warming qi and blood, expelling cold and dampness, and fragrant and avoiding filth. During the Dragon Boat Festival, the air is humid, and the fragrant and fresh Folium Artemisiae Argyi can get rid of poisonous gas, remove pollution, purify the air, keep the room clean and sanitary, and play the role of disinfection and epidemic prevention, expelling plague and evil spirits. In addition, Chinese herbal medicines commonly used in the Dragon Boat Festival include Acorus calamus, Artemisia annua, citronella, pomelo leaves, etc. After being decocted in water, they can be used as tea or soaked in wine, all of which have good health care effects.

After the Dragon Boat Festival, the damp heat gradually increased, various fungi and bacteria proliferated, and dermatoses such as dermatitis, eczema and tinea of hands and feet began to occur frequently. Mixing herbs such as Acorus calamus, Artemisia argyi and Eupatorium odoratum, decocting in water and taking a bath can prevent these dermatoses.

Empathy and cultivation, mental adjustment and fitness

Dragon Boat Festival is a time when the sun is rising in a year. The weather is stuffy, and modern people are under great work pressure, which is easy to cause boredom and depression. People’s emotional changes will affect the function of zang-fu organs, and also lead to mental illness. As the Huangdi Neijing said, "Anger hurts the liver, likes to be sad, thinks about hurting the spleen, grieves the lungs and fears hurting the kidney". Generally speaking, if you keep healthy in summer, your mind should be calm, calm and cool, and you don’t have too many distractions, your behavior will not be anxious.

In this season, you can enjoy flowers, birds, insects and stones in your spare time, appreciate calligraphy and music to empathize and maintain a good mood; You may wish to face the things around you with an open mind and a smile, then "the righteousness stays inside, and the evil can’t be done"; At the same time, we should pay attention to going to bed early and getting up early, so as to avoid damaging body fluids and consuming fluids. If there is vaginal fluid, there will be no yang dryness, and the body will be balanced with yin and yang, so there will be no worry about annoying heat and bone steaming hot flashes.

During the Dragon Boat Festival, pay attention to diet, exercise properly, keep a good mood and use wormwood properly to dispel filth with fragrance, avoid plague and exorcise evil spirits, so that you can stay away from diseases and enjoy the beauty of the seasons.

Expert introduction: Zhou Bingduo

Deputy Director of Gastroenterology, Yueyang Hospital

Deputy director of medical doctor, tutor of master students, associate professor

Postdoctoral fellow at Mayo Clinic, USA, the first batch of "National Innovative Talents of Traditional Chinese Medicine", the first "Shanghai Xinglin Rising Star" and the first batch of "Xinglin Inherited Talents of Shanghai University of Traditional Chinese Medicine". He is also the vice chairman of the Youth Committee of Spleen and Stomach Diseases Branch of Chinese Medicine Association, the standing committee member of china association of traditional chinese medicine Digestive Diseases Drug Research Committee, the standing committee member of Spleen and Stomach Diseases Branch of Chinese Ethnic Medicine Association, and the standing committee member and secretary of Spleen and Stomach Diseases Branch of Shanghai Chinese Medicine Association. He presided over 2 national natural science foundations, 3 scientific research projects of Shanghai Science and Technology Commission, published nearly 30 papers, and won the first prize of Shanghai Science and Technology Award for Traditional Chinese Medicine.

Good at: diagnosis and treatment of digestive system diseases such as gastroesophageal reflux disease, chronic gastritis, pancreatic disease, etc.

Special clinic: Saturday afternoon (Dabaishu General Hospital)

Expert clinic: Monday afternoon and Thursday afternoon (Dabaishu General Hospital)

Gastroesophageal reflux disease specialist clinic: Tuesday morning (Dabaishu General Hospital)

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Original title: "[Dragon Boat Festival Science Popularization] Dragon Boat Race with fragrant leaves, keeping healthy and moving during the Dragon Boat Festival"

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[Accelerating vaccination to build an immune barrier] All localities have accelerated vaccination in Covid-19.

Cctv news(News Network): Various measures have been taken to accurately schedule and speed up vaccination in Covid-19.

Shanghai explores the practice of mass vaccination in big cities, accurately allocates vaccine supply, and divides the reserved population in half an hour as a unit, thus improving the vaccination efficiency. By April 29th, the city had inoculated 16.485 million doses, of which the vaccination rate of health system exceeded 97%, and the vaccination rate of border inspection, customs and education system exceeded 80%.

There are 197 routine vaccination clinics in Tianjin, 76 municipal mobile vaccination teams have been established, and more than 8,800 medical staff from secondary and tertiary hospitals have been sent to support vaccination work.

The cities and counties in Hainan Province implemented grid management, and investigated the vaccination situation of people over 18 years old one by one. Up to now, the province has vaccinated more than 6 million people, and the vaccination rate of people over 18 years old has reached 80%. 

"New Chinese Style" Fashion has set off a new fashion, showing cultural self-confidence.

CCTV News:In recent years, with the continuous innovation of China elements and their integration into various consumption scenarios, people’s attention to the national tide is also rising. As the only national fashion week in China, China International Fashion Week focuses on international fashion trends every year. In this fashion week, the reporter found that China’s aesthetics, non-legacy innovation, cross-border national trends and other words frequently appeared, and more and more people fell in love with the "new Chinese style".

The venue of China International Fashion Week is located in Beijing 751 Art Zone, which was formerly Beijing Zhengdong Gas Plant. The old factory collided with new ideas, which coincided with the concept of "new Chinese style" tradition+fashion. The reporter found that many viewers who came here to participate in Fashion Week were wearing "new Chinese" clothes.

As soon as the models wearing "new Chinese" clothes appear on the runway, they will immediately attract the attention of the audience. The reporter found that the integration of China elements and China culture into international fashion is the most concerned issue.

The reporter learned that this year’s China International Fashion Week has gathered hundreds of fashion brands from 53 countries and regions, and more than 170 domestic and foreign designers have participated deeply. The products cover all categories such as dresses, sports and leisure, accessories, etc. It can be said that each type of product can see the design elements of "new Chinese style".

Small details of the new Chinese style "fire comes out of the circle" Tibet University asked

Since last year, "new Chinese style" has been very popular. On the e-commerce platform, the sales of "new Chinese style" clothing soared, and in life, we also saw many people wearing "new Chinese style" clothing to take pictures and punch in. What is the beauty of the "new Chinese style"? What China elements are hidden? Let’s continue to find out at Fashion Week.

Straight and neat stand-up collar with vertical buckle, traditional embroidery technology with quaint charm of bluish white, entered the Chinese aesthetic new idea art exhibition, and the oncoming color and pattern full of China charm.

I met a post-90s designer here, and she told me that "new Chinese style" is to integrate traditional elements of China into modern tailoring design, so that clothing is more practical and close to consumers’ lives.

The new design techniques make the clothes more in line with the aesthetics of young people. Beside these "new Chinese style" clothes, I also saw many "new Chinese style" accessories, but the small decorations hid Chinese’s expectation for a better life.

The unique design concept and cultural connotation of "new Chinese style" clothing has a great appeal to young consumers.

Traditional elements set off a new fashion.

The activity of the market has brought more opportunities for "New Chinese Style" to be displayed, and also allowed more original niche fabrics and techniques with China characteristics to appear on the international stage. At this China International Fashion Week, the reporter found such an "old cloth" that went abroad.

This year’s China International Fashion Week has held more than 130 wonderful events. At the scene, the reporter found that there was a long queue at the gate of a catwalk event with tie-dyeing as the main design element in Zigong, Sichuan.

Zigong tie-dyeing originated in the Qin and Han Dynasties, and it is colorful with needles instead of pens. It is beautiful and elegant with cotton, linen, silk and other fabrics, and has a unique charm of China.

Traditional crafts are lovely and make the audience shine. A traditional fabric with oriental charm — — Bellow silk has also set off a new fashion in overseas markets. Bellow silk is a unique traditional ecological silk fabric in China, which has a history of more than 2,000 years. It is made of pure natural silk and dyed with Dioscorea cirrhosa, a unique wild Chinese herbal medicine in Lingnan area of China.

Zhang Bo told me that this kind of cloth, Ranunculus ternatus, has gone through a period of low ebb, and the Ranunculus ternatus-making technology was once on the verge of extinction. Then how did such a product "fire" overseas? Designer Liang Zi told me that only by combining traditional fabrics with international trends can China’s clothing "get out of the loop". Now, Liang Zi has brought Rangoon silk to France, and attracted world-renowned fashion colleges such as French Fashion Institute and new york Fashion Institute to China for 15 years in a row to conduct research on Rangoon silk.

Nowadays, more and more "new Chinese style" clothes and brands go abroad, setting off a wave of traditional cultural consumption upsurge.

Just now, Huake was "red"! This high-frequency word resounded through the audience.

Today (21st) at 8: 30 am.The graduation ceremony of Huazhong University of Science and Technology was held in Optics Valley Gymnasium.More than 6,700 undergraduate graduates sang "No communist party, No New China".
At the scene, the national flag waved a red ocean, and the loud song resounded through the Optics Valley Gymnasium.
Speech by President Li Yuanyuan
Li Yuanyuan, Academician and President of China Academy of Engineering.
Speech at the graduation ceremony"Country", "Nation" and "Lide" become high-frequency words.Encourage graduates to shoulder great responsibilities and be dreamers of national rejuvenation.
He said: Professor Cui Kun, a 97-year-old "steel academician", has been diligent in wearing a shirt for 30 years all his life, but paid a special party fee of one million yuan to fight the COVID-19 epidemic and donated 10 million yuan to help students.
Academician Wu Mengchao, an alumnus, was still on the operating table at the age of 96.
Last year, during Wuhan’s fight against the COVID-19 epidemic, more than 34,000 medical staff from 11 affiliated hospitals of the school fought to build a steel Great Wall to stop the virus with flesh and blood.
Zhang Dingyu, Dean of the affiliated Jinyintan Hospital, stuck to the epidemic "eye of the storm" in times of crisis, faltered and raced with the disease, and was terminally ill. He was not afraid of life and death to escort his life and was awarded the title of "people’s hero" by the state …
At the ceremony, the students warmly applauded the Dade teachers and alumni told by President Li Yuanyuan many times. President Li Yuanyuan sent a message to the graduates:
Starting from ourselves, we are brave enough to go to the grass-roots level with difficult conditions, the front line of production and construction, and the forefront of project research. We are not afraid of wind and rain, are brave enough to shoulder heavy burdens, dare to dare to do things, insist that Qingshan will not relax, make contributions to socialist modernization, and strive to be a dreamer of national rejuvenation.
"
student representative
Affectionate "confession" of alma mater
Guo Ziqi, a student representative of the Energy College, spoke with deep affection to "confess" his alma mater-
In the past four years, we have felt that her "big" 7,000 mu of land and more than 30 canteens "can’t fit in five subway stations". We have felt that her "beautiful" magnolia sea, sunflower fields and youth park trails are relaxing. We have felt that her "colorful" depth, China, humanities lectures, China University of Technology Cup League and fellow singers can always make us memorable …
The red gene of Central China University
Created a generation after generation of red descendants.
Listen to the party and follow it.
Has always been our bright background.
Thanks to Huazhong University
Carve it on us
The Red Seal of "party flag Pilotage"
The struggle mark of "pursuing Excellence"
The Time Mark of "Serving the Motherland"
Let’s take the imprint of our alma mater.
With a pure heart
Toward the ideal of life
advance with/in giant strides
Let the flower of our youth
Bloom where the motherland needs it most!
Wish the students a bright future!
Written by Changjiang Daily: Reporter Chen Xiaotong Wang Yongfang correspondent Wang Xiaoxiao Gaoxiang Photography: Reporter Hu Dongdong Gao Yong Ren Yong correspondent Gaoxiang Video: Reporter Zhan Siliu Li Ziyun makes Zhang Xiaoli poster: Coordinator | Chen Zhi | Li Yuying Hu Xin Photography | Reporter Ren Yong Gaoyong Hu Dongdong correspondent Gaoxiang Editor: Cao Xinyi Proofreading: Peng Yan Wang Bei.
Source: Changjiang Daily
Reporting/feedback

The defendant in the new york bombing was sentenced to life imprisonment. The suspect’s father: the son was misled

  [Global Network Comprehensive Report] In 2016, Ahmad Khan Rahimi, a suspect who made bombings in Chelsea District, Manhattan, new york and Elizabethtown, New Jersey, was sentenced to life imprisonment on Tuesday (February 13th).

  According to a report by the US Chinese website on February 13th, last October, a jury found Rahami guilty of using a weapon of mass destruction, bombing a public place and interstate transportation of explosives.

  In court on Tuesday, Rahami said that he would not "hate anyone".

  The US federal prosecutor said that Rahami did not show remorse for his crimes. After he was arrested, he tried to anger prisoners in federal prisons. "Rahami is proud of what he has done. He despises the US judicial system and continues to practice his terrorist thoughts."

  Xavier Donaldson, a defense lawyer, said that before the attack, Rahami was a naturalized American citizen from Afghanistan. He wanted to be a policeman, so he worked as a guard after studying criminal justice in a community school. Donaldson said: "Rahami thinks he can help others in a job where he can have a pension." Rahami’s lawyers hope that Rahami will be allowed to attend college courses and have the opportunity to see his family under surveillance.

  On September 17th, 2016, bombs exploded in the Chelsea district of Manhattan in new york and Elizabethtown, New Jersey within 12 hours, injuring 30 people. The suspect Rahami was injured and arrested after fighting with the police. Police in New Jersey found a backpack with five explosive devices hidden near the train station in Elizabeth. These settings are also considered to be related to Rahami.

  After being convicted in Lahami last fall, his father said that he tried to tell the FBI that his son was interested in radical groups two years before the incident. Rahami was misled by the video of terrorists.

  Lahami’s younger brother said: "Lahami’s life is hard. He is tired of his life and chose this road."

Wang Feng lost the case against "First Paparazzi" for the right to reputation, court: non-malicious insult

  Yesterday, a reporter from the Beijing Morning Post learned from the Beijing Third Middle Court that the court issued a final judgment on Wang Feng’s lawsuit against "China’s first paparazzi Zhuo Wei" (Weibo nickname, hereinafter referred to as Zhuo Wei) in a dispute over reputation rights. The court finally found that Zhuo Wei did not constitute an insult or slander to Wang Feng, and rejected Wang Feng’s appeal.

  In April 2015, Wang Feng sued the Chaoyang court, claiming that on April 20, 2015, Zhuo Wei shared an article entitled "[Exclusive] Zhang Ziyi Wang Feng’s Certificate, Honeymoon Friends Sing Husband" published by "National Star Scouts" on his personal Sina Weibo, and the title was "I am innocent of gambling pioneer, and my mother in the film industry has feelings."

  Wang Feng believes that without investigation and verification, Zhuo Wei casually insulted and slandered Wang Feng as a "gambling pioneer" on his personal Weibo, openly damaged Wang Feng’s personality and image, and misled the public’s evaluation of Wang Feng, which has seriously violated Wang Feng’s right to reputation. He asked Zhuo Wei to delete the lawsuit Weibo, issue an apology statement, and compensate 2 million yuan for mental damage.

  Zhuo Wei argued that he was not at fault subjectively, did not violate Wang Feng’s reputation, and his actions were exercising his right to freedom of speech and public opinion supervision as a citizen in accordance with the law.

  After the trial, the original court found that the reputation infringement lacked factual and legal basis, and did not support Wang Feng’s lawsuit. After the first-instance judgment, Wang Feng refused to accept it and still appealed to the Beijing No. 3 Intermediate Court on the grounds of the original lawsuit, demanding that the original judgment be revoked and the judgment be changed to support all his claims.

  Court opinion

  1 Gambling is based

  The Municipal Third Intermediate Court held that although Wang Feng argued that he had not participated in any activities that could be identified as gambling in our country, he did not deny that he had participated in gambling and entertainment activities abroad. Zhuo Wei relied on the information obtained from public media reports to publish his subjective cognition of Wang Feng’s behavior through the form of Weibo. It should be determined that the behavior is not a slander without factual basis, but a subjective comment made by individuals based on the facts they know.

  2 The title is difficult to predict

  Although the words used in the subjective comment are sharp and exaggerated, the basic facts on which the subjective comment is based are true. In addition, "gambling pioneer" is only the title in the Weibo involved in the case, and the content displayed and conveyed to the public is relatively limited. The content of the Weibo involved and the relevant link pages do not have any discussions related to "gambling pioneer", and it is difficult to determine that it constitutes defamation based on the words in the title alone.

  3 Non-malicious insults

  Objectively speaking, the term "gambling pioneer" should generally be regarded as a non-positive evaluation of people, but in determining whether an act constitutes an insult, insult cannot simply be equated with the application of derogatory words, but should distinguish between comments within the scope of public acceptance and malicious insults. The 2nd-round Moderation Court held that Zhuo Wei’s wording about "gambling pioneer", although sharp, was still within the scope of personal subjective feelings rather than malicious insults.

  In summary, although Zhuo Wei called Wang Feng a "gambling pioneer" with inappropriate words, it did not constitute insult and slander, and according to the identity of the Weibo publisher, the title and content of Weibo, as a rational social person, it is difficult to make a negative evaluation of Wang Feng based on the Weibo case alone. Accordingly, the final judgment of the Third Intermediate Court of the City rejected Wang Feng’s appeal and upheld the original judgment of the first instance.

  Beijing Morning Post reporter, Huang Xiaoyu