What does soybean oil mean? What are the trading rules of soybean oil?

Soybean oil, as an important variety in agricultural futures market, refers to the oil extracted from soybean, which is widely used in food processing, cooking and industrial use. Soybean oil futures refer to financial derivatives with soybean oil as the subject matter, which are traded on futures exchanges. Through soybean oil futures, investors can hedge the risk of price fluctuations or speculate in order to make profits.

The trading rules of soybean oil futures mainly include the following aspects:

Contract specificationSoybean oil futures contracts usually stipulate the number of transactions per lot, delivery month, minimum price fluctuation unit, etc. For example, the soybean oil futures contract of an exchange may stipulate that each lot trades 10 tons, and the delivery months are January, March, May, July, August, September and November, and the minimum price fluctuation unit is 1 yuan per ton.

trading hourThe trading hours of soybean oil futures are usually divided into day trading and night trading. Daily trading hours are generally from 9:00 am to 11:30 am and from 1:30 pm to 3: 00 pm; The night trading time is from 9:00 pm to 2:30 am the next day. The specific trading hours may vary according to the regulations of the exchange.

Margin systemIn order to ensure the smooth trading, the exchange requires investors to pay a certain percentage of margin when trading soybean oil futures. The proportion of margin is usually determined according to market volatility and contract value. For example, if the margin ratio is 10%, investors need to pay 10% of the contract value as a margin when trading primary soybean oil futures.

Delivery rulesSoybean oil futures are usually delivered in kind. In the delivery month, investors who hold contracts can choose to make physical delivery, that is, deliver or receive soybean oil according to the quality and quantity stipulated in the contract. The delivery place is usually the delivery warehouse designated by the exchange.

The following is a comparison table between soybean oil futures and other common agricultural products futures:

Futures varieties Trading volume per lot Minimum price fluctuation unit delivery month soya bean oil 10 tons 1 yuan per ton January, March, May, July, August, September and November soybean 10 tons 1 yuan per ton January, March, May, July, August, September and November corn 10 tons 1 yuan per ton January, March, May, July, September and November wheat 10 tons 1 yuan per ton January, March, May, July, September and November

Through the above table, we can see the similarity of contract specifications between soybean oil futures and other agricultural products futures, which is helpful for investors to compare and choose when trading across varieties.

In a word, soybean oil futures, as an important agricultural futures, its trading rules involve contract specifications, trading time, margin system and delivery rules. Understanding these rules is very important for investors to make effective risk management and investment decisions in soybean oil futures market.

(Editor: Zhang Xiaobo)

[Disclaimer] This article only represents the author’s own views and has nothing to do with Hexun. Hexun.com is neutral about the statements and opinions in this article, and does not provide any express or implied guarantee for the accuracy, reliability or completeness of the contents. Readers are requested for reference only, and please take full responsibility. Email: news_center@staff.hexun.com.

You and I have never thought of the most important factor that makes teenagers sick and disabled.

Original Pearl Krabs, Dr. Tagai Lilac

Apart from illness, what is the main cause of disability among children and adolescents?

The answer may surprise many people-

According to the report of the World Health Organization, the most important factor that causes illness and disability among teenagers is actually depression.

According to surveys and statistics, about 20% of children and adolescents worldwide have experienced depressive symptoms.

In China, this ratio is also close to the international level.

"Children have nothing to be depressed about? 」

"Don’t worry about food and clothing, what’s not happy? 」

Even if there are more and more news about depression among minors in recent years, many people still can’t accept it. Children are also depressed, and more and more surveys have confirmed that depression among children and adolescents is by no means an individual phenomenon. Its popularity is far beyond our imagination.

One out of every five children has depressive symptoms.

A study published in 2018 showed that the proportion of children and adolescents with depressive symptoms in China was 19.85%, and even reached 23.7% among children and adolescents in the central region.

That is to say, in China, one in every five children may have depressive symptoms.

Moreover, with the increase of age, the proportion of children and adolescents with severe depressive symptoms is also increasing.

Image source: Station Cool Hailuo

According to the National Mental Health Report (2019-2020) issued by the Institute of Psychology of Chinese Academy of Sciences, the detection rate of severe depression is only 1.9% ~ 3.3% among children in grades four to six of primary school, but among children in junior high school, the proportion rises to 7.6% ~ 8.6%.

Among high school children, the detection rate of severe depression is as high as 10.9% ~ 12.5%.

Image source: National Mental Health Report (2019-2020)

The survey also found that compared with primary school children, junior high school and senior high school children have higher average scores of depression and more serious overall depression.

However, along with the high detection rate and high depression level, there are extremely low medical visit rate and obvious delayed treatment.

A survey in the United States found that only 30% of minors with depressive symptoms were receiving treatment.

We didn’t find statistics on the proportion of children and adolescents in China, but in clinic, doctors found that it often takes one or two years from the time when children and adolescents appear symptoms to receiving treatment.

In other words, when the symptoms of depression first appear, it is difficult for children themselves, parents and teachers to realize that this is depression and seek help and medical treatment in time.

To a great extent, this is due to the depressive symptoms of children and adolescents, which are often not so typical.

Second, less typical symptoms of depression:

Rebellion, headache, stomachache

Different from the symptoms of adult depression, children and adolescents often have different manifestations of depression, and these manifestations are often misunderstood as other problems.

The child’s cry for help was ignored either rudely or carelessly.

1. Big temper and adolescent rebellion? No, it may be a symptom of depression.

Some studies have found that, unlike the common depression of adults, depression of minors is accompanied by impulsiveness and irritability, which seem less "depressed".

A follow-up survey of more than 1,400 minors found that 41.3% of the children diagnosed with depression showed irritability.

Moreover, boys seem to express their depression more often by losing their temper-73% of these irritable children are boys.

Image source: Station Cool Hailuo

2. Declining grades and not attending classes well? This may also be a symptom of depression.

Declining academic performance is also a common manifestation of depression in children and adolescents. Depression will affect children’s attention and energy, making it difficult for them to concentrate, doze off, or feel that they don’t understand, leading to a decline in their grades.

Some depressed children will show difficulties in going to school. For example, being late frequently, always failing to bring what you need for school, cut class or refusing to go to school, etc.

Many psychologists have found that depression is the emotional problem most closely related to school difficulties-children with school difficulties usually have obvious depression, and the greater the difficulties, the more serious the depression.

3. Always have a headache and stomachache? This may not be just a physical problem.

Another most common but easily overlooked manifestation of depression is the physical discomfort of children and adolescents.

Because children and adolescents are still in the mental growth stage, their ability to perceive emotions is not perfect. Compared with adults, it is more difficult for them to express emotions accurately and clearly. Therefore, emotions can often be released through physical reactions.

Complaining about physical discomfort is also the most commonly used way for children and adolescents to seek help when they experience depression.

According to the survey, children who come to pediatrics for various pains often have depressive symptoms.

Image source: Station Cool Hailuo

The most common is headache.

The survey found that one-third of children and adolescents who said they had headaches had the characteristics of depression; Of those children who were diagnosed with depression, 42% had a headache.

Children and adolescents who often complain about abdominal pain also have a high risk of depression.

The study found that when children feel abdominal pain every day, their risk of depression is close to 50%.

Compared with healthy children, children with depressive symptoms feel abdominal pain at a significantly higher frequency and intensity. Some researchers even suggested that abdominal pain is one of the most obvious differences between depressed children and healthy children.

In addition, dizziness, insomnia, loss of appetite, always feeling cold, allergies, etc. are all common physical symptoms of depressed children and adolescents.

However, in life, these symptoms are often not regarded as signals of depression, but lead to delayed treatment of depression. Parents spend a lot of energy to take their children for physical examination, but they don’t realize that these discomforts may be caused by psychological factors.

Studies have also shown that physical symptoms can lead people to lose sight of the truth behind depression: patients with physical symptoms usually experience a longer course of disease, receive less correct treatment and have a worse prognosis.

Image source: Station Cool Hailuo

In addition, the variability of children and adolescents’ depressive symptoms also increases their difficulty in identifying depressive symptoms.

The study found that:

When preschool children aged 3 ~ 5 are depressed, they may obviously lose interest in games;

Children aged 6-8 years may show more physical symptoms and complain about their discomfort; Or often shout and cry too much;

Children aged 9-12 are more likely to have low self-confidence, self-blame and run away from home.

Teenagers aged 12-18 will show academic problems or make reckless and reckless behaviors.

Because of such atypical and varied changes, people around you need to pay enough attention and sensitivity if they want to find the symptoms of depression in time.

But unfortunately, this concern and sensitivity may be exactly what children who suffer from depression lack in their lives. Even this lack increases their risk of depression.

Third, the "strict" education model in East Asia,

It is highly correlated with depression of minors.

Many parents feel that their children have nothing to think about, and it is impossible to be depressed without the pressure of food and clothing. All problems are problems of attitude and behavior.

"Look who they are, don’t they …"

"Find the reason from yourself."

Clinically, there is a phenomenon that many children who are considered to be "problematic" are almost cured in the hospital, but relapse soon after returning home. They are cured in the hospital and relapse again after returning home. This puzzled many psychiatrists and psychologists.

After long-term research, people gradually realize that it is never outsiders who have the greatest influence on children’s psychological state, but family members of children-the most common ones are parents.

Image source: Station Cool Hailuo

Many studies have found that the parenting style of parents is related to the possibility of depressive symptoms in children. For example, parents who always make demands on their children, but rarely show warmth and love, are more likely to have depressive symptoms.

Moreover, the research on children in China also found that parents’ physical punishment and psychological control will also increase the possibility of children’s depression-those children who are physically punished by their parents, or who are often humiliated, scolded or treated coldly by their parents are obviously more likely to have depressive symptoms.

When faced with problems or challenges in the future, they will also feel that a good life is not worthy of them, and a bad state is destiny takes a hand, so it is easy to give up their struggle and let themselves sink in negative emotions.

But it is a pity that many children are still very strict with their parents even though they have been diagnosed with depression.

This falls on the awareness, diagnosis and treatment of psychological symptoms, which may bring irreparable consequences.

Psychologists have pointed out that children’s beliefs about themselves and the world are initially established by getting along with their parents.

Children who have been loved and cared for by their parents will feel that they deserve to be loved and that life is at least worth looking forward to. When they are under pressure, they can believe that they won’t always be in the trough and deserve a better life, so they will see more possibilities and resources in the current situation and be more likely to get out of the predicament.

But if a child is often rejected and denied by his parents, especially if he sees that other children can be cared for by their parents, he will feel that he is not cared for because he is not good enough to be loved.

What we hope is that every individual’s psychological state and emotional needs are given due attention, and we hope that every child struggling in depression can be treated with gentleness.

references

[1] Chen Xuefeng, Zhang Kan, Fu Xiaolan, Chen Zhiyan and others (2021). Report on the Development of National Mental Health in China (2019-2020). Beijing: Social Science Literature Publishing House.

[2]American Psychiatric Association, & American Psychiatric Association. (2013). DSM 5. American Psychiatric Association, 70.

[3]Bohman, H., Jonsson, U., Von Knorring, A. L., Von Knorring, L., Päären, A., & Olsson, G. (2010). Somatic symptoms as a marker for severity in adolescent depression. Acta Paediatrica, 99(11), 1724-1730.

[4]Depression Symptoms in Teens: Why Today’s Teens Are More Depressed Than Ever. (n.d.). https://discoverymood.com/blog/todays-teens-depressed-ever/

[5]Forrest, A. J., & Wolkind, S. N. (1974). Masked depression in men with low back pain. Rheumatology, 13(3), 148-153.

[6]Gao, J., Li, Y., Cai, Y., Chen, J., Shen, Y., Ni, S., … & Tao, M. (2012). Perceived parenting and risk for major depression in Chinese women. Psychological medicine, 42(5), 921-930.

[7]Gasquet, I., Chavance, M., Ledoux, S., & Choquet, M. (1997). Psychosocial factors associated with help-seeking behavior among depressive adolescents. European child & adolescent psychiatry, 6(3), 151-159.

[8]Geerlings, S. W., Twisk, J. W., Beekman, A. T., Deeg, D. J., & van Tilburg, W. (2002). Longitudinal relationship between pain and depression in older adults: sex, age and physical disability. Social Psychiatry and Psychiatric Epidemiology, 37(1), 23-30.

[9]Gonzálvez, C., Kearney, C. A., Jiménez-Ayala, C. E., Sanmartín, R., Vicent, M., Inglés, C. J., & García-Fernández, J. M. (2018). Functional profiles of school refusal behavior and their relationship with depression, anxiety, and stress. Psychiatry research, 269, 140-144.

[10]Lewis, D. W., Middlebrook, M. T., Mehallick, L., Rauch, T. M., Deline, C., & Thomas, E. F. (1996). Pediatric headaches: what do the children want? . Headache: The Journal of Head and Face Pain, 36(4), 224-230.

[11]Liu, Y., & Merritt, D. H. (2018) . Examining the association between parenting and childhood depression among Chinese children and adolescents: A systematic literature review. Children and Youth Services Review, 88, 316-332.

[12]Ohayon, M. M., & Schatzberg, A. F. (2003). Using chronic pain to predict depressive morbidity in the general population. Archives of general psychiatry, 60(1), 39-47.

[13]Petito, A., Pop, T. L., Namazova-Baranova, L., Mestrovic, J., Nigri, L., Vural, M., … & Pettoello-Mantovani, M. (2020). The burden of depression in adolescents and the importance of early recognition. The Journal of pediatrics, 218, 265-267.

[14]Rao, W. W., Xu, D. D., Cao, X. L., Wen, S. Y., Che, W. I., Ng, C. H., … & Xiang, Y. T. (2019). Prevalence of depressive symptoms in children and adolescents in China: a meta-analysis of observational studies. Psychiatry Research, 272, 790-796.

[15]Sartorius, N. (2003). Physical symptoms of depression as a public health concern. Journal of Clinical Psychiatry, 64, 3-4.

[16]Stringaris, A., Maughan, B., Copeland, W. S., Costello, E. J., & Angold, A. (2013). Irritable mood as a symptom of depression in youth: prevalence, developmental, and clinical correlates in the Great Smoky Mountains Study. Journal of the American Academy of Child & Adolescent Psychiatry, 52(8), 831-840.

[17]Wallin, D. J. (2007). Attachment in psychotherapy. Guilford press.

[18]Youssef, N. N., Atienza, K., Langseder, A. L., & Strauss, R. S. (2008). Chronic abdominal pain and depressive symptoms: analysis of the national longitudinal study of adolescent health. Clinical Gastroenterology and Hepatology, 6(3), 329-332.

[19]Zou, P., Siu, A., Wang, X., Shao, J., Hallowell, S. G., Yang, L. L., & Zhang, H. (2021, May). Influencing factors of depression among adolescent Asians in North America: a systematic review. In Healthcare (Vol. 9, No. 5, p. 537). Multidisciplinary Digital Publishing Institute.

Plan and make

Co-expert: Pearl Krabs | Planning: Tagai | Producer: Feidi

Cover image Source: Station Cool Hailuo

Read the original text

Unlock the Citywalk gameplay, and the movie is full … This miniseries is beyond imagination.


Special feature of 1905 film network Spilling the heat of the sky, driving the creation of micro-short plays to blow out quickly. In the hot market environment, what kind of works are the most wanted by the audience?


On April 17th, "Love Letter in Spring", a series of micro-romantic short plays of "City of Love @", was officially launched in Huzhou. This micro-romantic short play of citywalk, which revolves around the theme of love and dreams, will start a fresh romantic trip in April with the creative technique of vertical screen and film sense.


"love Citywalk" starts from Huzhou 

Zhang YaqinGo on a romantic trip together


The project "City of Love @" was officially announced at the 11th China Internet Audio-visual Conference, which aroused widespread concern in the industry. After careful preparation, "Love Letter in Spring" of the series of micro-romantic short plays "City of Love @" landed in Huzhou on a rainy spring day.


Traveling all over the beautiful places in the south of the Yangtze River, I only shared Huzhou in my life. Huang Junyan, producer of City of Love @, said that the way the series presents Huzhou is highly compatible with the concept of Citywalk. The protagonist in the work will follow the story and walk through every corner of Huzhou: "We hope that on the basis of completing the content, we will effectively publicize the city brands and cultural tours in various places through creation, and give the city landscape a proper reason."



"Spring love letter, written to the boy who was doomed to miss from the beginning in youth." In Love Letter in Spring, Zhang Yaqin and Tian Hongjie, the two protagonists, will walk through Giraffe Manor, Xiaoxi Street, Cafe, Railway Station, Tea Shop and nanxun town during their seven-year "Love City Walk" to realize the "self-healing" that young people are eager for.


The heroine also read Huzhou in the stroll, led everyone to punch in the beautiful scenery that should not be missed, and sent a romantic love letter in spring to attract more viewers to travel around Huzhou and finally enter Huzhou.



Vertical screen+movie feeling full

"City of Love @" redefines the quality of micro-short plays.


As the behind-the-scenes team that has successively released excellent films with high scores, the creators of City of Love @ are looking forward to redefining the standard of "fine miniseries" with this work, and adhering to the film-level lens expression and picture texture under the brand-new shooting technique of vertical screen specifications, so as to create a fine, diversified and professional new miniseries.


The chief producer of City of Love @ said, "I hope this work can be artistic first, thoughtful second, show the author’s point of view, and ornamental third, so that the audience really likes to watch it. This is also our goal of deepening the field of miniseries in the future." Director Xie Hanfeng also expects to feel the uniqueness and charm of each city with sincerity and concentration in a simple creative atmosphere, so that the audience can understand and fall in love with a city.


Liu, Chief Producer of City of Love @ZhihaiChairman of 1905 Film NetworkWei Li


In addition to the behind-the-scenes team with profound qualifications, Love Letter in Spring, a series of mini-dramas of "City of Love @", also assembled a cast with great texture. Starring Zhang Yaqin, Tian Hongjie and Ye Xiaoqiu all have rich experience in film, television and stage performances, and the "film-level" shooting method makes them look forward to their works.


Zhang Yaqin, who plays the heroine Toby Lin Wen, said, "The miniseries are very fast-paced, but there are also many innovative parts. This time, I also have a sense of freshness. I hope I can try a different performance this time."



Tian Hongjie, a young actor who played Toby Lin Wensheng’s hit "Misplaced Lover", admitted that Nantian in "Love Letter in Spring" is very similar to his own life, comparing him with "introverted" and "I-person", but at the same time there are a lot of inner drama, which is what attracts him most.



Ye Xiaoqiu, who "took the second ride" with Tian Hongjie, shared the feeling of the first "vertical screen" shooting: "Before, we would default the horizontal screen to have texture, but this time I feel that the vertical screen can also show this beauty."



On the same day, Cha Jianhua, deputy director of the Propaganda Department of Huzhou Municipal Committee, Guo Shu, member of the ministerial meeting of the Propaganda Department of Xing Wu District Committee and full-time vice chairman of the District Federation of Literary and Art Circles, Wei Li, chairman of the 1905 film network, and other leaders attended the opening ceremony of the series together with the chief producer Liu Zhihai, producer and screenwriter Huang Junyan, director Xie Hanfeng, starring Zhang Yaqin, Tian Hongjie and Ye Xiaoqiu.


Huang Junyan, the producer, said that, unlike the outside world’s inherent impression of "short, flat and fast", "City of Love @" will be polished and created with a refined attitude. At the same time, The City of Love @ also plans to start from Huzhou and combine four different kinds of "love" with the scenery of the four seasons: "Show the love of meeting, madly in love, parting and reunion."


"Su Yan" puts flowers under the lotus root when stepping on the lake: a rural revitalization map of a private research institute in Huantai

01:49
In Huantai County, Zibo City, the lotus root under the flower in Mata Lake is truly "fresh". According to Song Peizhong, a 72-year-old non-genetic inheritor of Zibo City, the "fresh" lotus root under the flower can’t be eaten by the emperor. This is not nonsense. After picking fresh lotus roots in Mata Lake, you must eat them within one hour.
At the end of May, 2021, the reporter came to Qifeng Town, Huantai County, and there was a special research institute in Matahu Wetland, a national AAA scenic spot. This research institute was the first private institution specializing in lotus root in Shandong Province-Huantai County Huazheng Lotus Root Industry Research Institute. Song Peizhong, a villager in Huagou Village, has become a consultant specially hired by the Institute for his understanding of Mata Lake.
Suyan Mata Lake
In another month, the lotus root under the flower in Mata Lake will be on the market.
On May 26th, in Huantai Huazheng Lotus Root Industry Research Institute, lotus root has just started planting, and several ponds are being cleaned up. Song Shuxiao, a 66-year-old villager in Huagou Village, is cleaning reeds and weeds in the lotus pond. As the carrier of the local intangible cultural heritage "reed weaving" in Huantai, if reed is allowed to grow, it will be no less than a disaster for the lotus root industry.
"Reed grows in the same way as lotus root, but its roots are deeper and taller than lotus root. Let’s seize the nutrition of lotus root and compete for the sunshine of lotus root, which will affect the growth of lotus root. " Song Shuxiao’s cleaning work is very heavy. He must clean the reeds and weeds from the pond as much as possible, so as not to affect the most critical growth period of lotus root in the next month.
"In another month, the lotus will bloom, which is the most beautiful season in Mata Lake. At that time, the wind blows the lotus leaves and frogs burst. " Yang Jinfeng, deputy director of Huantai Huazheng Lotus Root Industry Research Institute, described a moonlight scene of the lotus pond to the reporter.
At this time, Mata Lake is a "plain face". The newly planted lotus root can’t cover the clear water surface. In the morning sunshine, the lanterns that drive water birds swing in the wind.
According to reports, most of the white lotus root varieties planted in Mata Lake are Erian No.4 and Erian No.5. As a geographical symbol of national agricultural products, Matahu White Lotus Root is also the third batch of well-known regional public brands of agricultural products in Zibo. Despite this, white lotus root in Matahu has no real variety of its own. One of the important tasks of Huantai Huazheng Lotus Root Industry Research Institute is to develop its own white lotus root seedlings for Mata Lake.
Now, the institute has found the female parent of the local lotus root in Mata Lake. Next, they will develop a lotus root variety similar to Qilian No.1 or Ma Lian No.1 that belongs to Mata Lake.
The ambition of a private research institute
As the first private research institution engaged in the research of lotus root industry in Shandong Province, Huantai Huazheng Industry Research Institute has greater ambitions.
It is understood that within three years, the founders of the institute have investigated the lotus root industrial development clusters in many places, such as Zhejiang, Jiangsu, Jiangxi, Hubei, Anhui, Henan, Hebei, Tianjin and other places, and finally formed the basic road map of Huazheng’s lotus root industrial supply chain and new scientific and technological innovation and development.
"The Institute finally chose Mata Lake as the base of the Institute. The most important point is the rich climate and environmental resources of Mata Lake." Song Peizhong told reporters that the institute will gradually establish cooperative relations with excellent overseas lotus root industry development clusters, promote technical cooperation and exchanges between domestic and foreign lotus root industries, and help the international development of lotus root industry in Huantai County.
For a time, the cultivation of white lotus root in Mata Lake was unscientific, such as the film mulching technology at the bottom of the pond, which isolated the lotus root from the land. At present, one of the research topics is about soil remediation.
It is understood that the pond used in the research institute uses concrete, which greatly increases the planting cost, but ensures the quality of agricultural products.
"According to our technicians, it is necessary to plant’ white and rich beauty’. Lotus roots should not only be white and beautiful, but also help farmers get rich." Yang Jinfeng said that the institute is to study the problems that local lotus root growers can’t solve, and explore a road to rural revitalization with the characteristics of Mata Lake through industrial revitalization.
The Institute invited Song Peizhong, who not only valued his understanding of lotus root in Mata Lake, but also valued him as the inheritor of the intangible cultural heritage of reed weaving technology, hoping to promote the unique lake culture of Mata Lake and drive the surrounding people to get rich through a series of cultural and creative products.
Digital transformation of lotus root production
Another reason why Huantai Huazheng Lotus Root Research Institute chose Mata Lake is the important local human resources. Related, Qi Huangong once called the governors of six countries to join forces in the city of Mata Lake, and the troops of six countries abruptly turned Tanye Plain into a magnificent lake, which is also the origin of Mata Lake. Lotus root in Mata Lake has always been one of the important industries in Huantai County, and now this industry, like other industries, is facing digital upgrading.
The reporter learned that the existing lotus root production methods have hindered the development of lotus root industry, such as inefficient manual lotus root picking and high labor costs.
At present, many lotus root growers adopt the mechanized harvesting method of high-pressure water pump, which improves the efficiency a lot and reduces the cost, but such mechanized harvesting also has some shortcomings. Because, when the high-pressure water pump is harvesting the lotus root, the sand and gravel aroused by the strong water flow will form scars on the surface of the lotus root, which will seriously affect the lotus root sales and reduce the price.
At present, the research institute is cooperating with some colleges and universities to develop lotus root picking robots, which can reduce production costs and improve production efficiency and product quality through digital methods.
Song Peizhong told reporters that lotus roots can be harvested twice a year, once in late June and once in late autumn and early winter. For example, the upcoming picking of lotus roots under flowers should not only harvest high-quality agricultural products for the market, but also plan for the harvest in late autumn.
This characteristic of lotus root puts forward higher requirements for artificial intelligence harvesting.
"The lotus root under the flower is the freshest. After it is picked, it is washed with water, wrapped with lotus leaves, smashed and eaten directly. This is a taste that the emperor can’t eat." Perhaps in the near future, with the development of digital agriculture, the "freshness" of Mata Lake that Song Peizhong has been thinking about will be presented to consumers completely, so that consumers all over the country can taste this special taste without coming to Mata Lake.
(Public Daily client reporter Ma Jingyang reports from Li Bo)
Reporting/feedback

"Yantai Daily" Zhaoyuan City Spring Festival Golden Week cultural tourism theme activities are colorful.

Visit the temple fair, watch the ice waterfall, enjoy the ice and snow and watch a hundred plays.

Zhaoyuan City Spring Festival Golden Week cultural tourism theme activities are colorful.

On January 11th, 2023, the 11th edition of Yantai Daily was published.

On January 11th (reported by YMG all-media reporter Yin Xin correspondent Cheng Gang and Zhang Guiming), on January 8th, it was the weekend, on the dishuiya of Luoshan Scenic Area in Zhaoyuan, the flowing water in the past turned into snow. The flying waterfall has condensed into a still picture embedded on a cliff of more than 60 meters. The thick ice layer is slightly green, spectacular, amazing, mysterious and high-profile, and magnificent. Dozens of tourists gathered on the mountain trail and took out their mobile phones to take pictures of this rare winter scenery.

Visit temple fairs, watch ice waterfalls, enjoy ice and snow, and watch hundreds of plays. During the Spring Festival, Zhaoyuan City launched a variety of online and offline Spring Festival Golden Week cultural tourism theme activities, allowing visitors to enjoy the beautiful scenery and folk customs of Zhaoyuan and have a happy New Year.

Offline activities (9):

1. Name of the event: The 8th Golden Culture Spring Festival Temple Fair in Taojin Town.

Time: During the Spring Festival in 2023 (from the first day of the first month to the eighth day of the first month)

Venue: Taojin Town, Gold Museum Scenic Area

Content: Carry out the 8th Golden Culture Spring Festival Temple Fair in Taojin Town, including: the opening ceremony of the temple fair, welcoming songs and dances, dragon and lion dances, and street art performances; Flash performances such as the God of Wealth’s blessing parade, costume song and dance parade, etc. Wuqiao acrobatics, stilt acrobatics, Sichuan opera face changing, close-up magic, two ghosts wrestling and other folk non-legacy art exhibitions.

Participation mode: offline participation

Organizer: Shandong Zhaoyuan Jindu Tourism Co., Ltd.

Tel: 0535-8391799

2. Activity Name: Luoshan Ice Waterfall

Time: January 1-February 28, 2023

Venue: Luoshan National Forest Park

Content: In order to provide citizens with a good place to play in winter, Luoshan National Forest Park has carefully created a spectacular ice waterfall landscape according to the natural mountains and forests.

Participation mode: offline participation

Organizer: Luoshan National Forest Park

Tel: 0535-8367405

3. Name of the event: The 3rd Ice and Snow Festival of Snow Play Park in Jiaqishan Mountain.

Time: during the Spring Festival in 2023 (from the first day of the first month to the eighteenth day of the first month)

Venue: Jiaqishan West Parking Lot

Content: Carry out the third ice and snow festival in Jiaqishan Snow Park, including: ski circle, snow turn, snow motorcycle, snow tank, snow banana boat, snow bicycle, snow interactive snowball fight, etc.

Participation mode: offline participation

Organizer: Yantai Chaoyi Culture Media Co., Ltd.

Tel: 15065792111

4. Name of the event: 2023 Zhaoyuan "Golden Key of Filial Piety" Cup to Welcome New Year Painting and Calligraphy Exhibition.

Time: during the Spring Festival in 2023 (from the seventh day of the first month to the fifteenth day of the first month)

Venue: Exhibition Hall of Zhaoyuan Culture and Tourism Service Center

Content: In order to welcome the arrival of the Spring Festival in 2023, more than 200 pieces of paintings, calligraphy and photography were exhibited to enrich the cultural life of the masses during the festival.

Mode of participation: direct participation

Organizers: Zhaoyuan Culture and Tourism Bureau, Zhaoyuan Federation of Literary and Art Circles, Zhaoyuan Culture and Tourism Service Center, Zhaoyuan Cultural Center, Zhaoyuan Artists Association, Zhaoyuan Calligraphers Association, Zhaoyuan Culture and Art Promotion Association and Shandong Golden Key Fire Protection Engineering Group Co., Ltd.

Tel: 0535-8155086

5. Name of the activity: Send a play to the countryside, and have fun.

Time: during the Spring Festival in 2023 (from the fourth day of the first month to the fifteenth day of the first month)

Location: towns, villages, streets and communities

Content: During the Spring Festival of 2023 (from the fourth day of the first month to the fifteenth day of the first month), we will select the excellent plays newly created and rehearsed in the past three years, the reserved plays that the masses love and enjoy, and the fine variety show of Zhaoyuan Spring Festival Evening in 2023, and carry out the performance activity of "sending plays to the countryside to make spring", and walk into towns, villages, streets and communities with colorful stage performances to meet the needs of the urban and rural masses for different art forms, levels and styles.

Participation mode: offline participation

Organizer: Zhaoyuan Lu Troupe

Tel: 0535-8212090

6. Activity name: Welcome the Spring Festival, write Spring Festival couplets and send blessings.

Time: January 18th, 2023

Venue: Zhaoyuan Library

Content: In order to carry forward the excellent Chinese traditional culture, create an auspicious atmosphere for the Spring Festival and welcome the Spring Festival in the Year of the Rabbit, the library organized a handwritten Spring Festival couplets to send blessings to readers.

Participation mode: telephone appointment, offline participation.

Organizer: Zhaoyuan Library

Tel: 0535-8213787

7. Name of the event: "Our Festival-Spring Festival" theme picture book sharing

Time: January 20, 2013

Venue: Zhaoyuan Library

Content: In order to cultivate and stimulate children’s interest in reading, let children understand, fall in love with and inherit the traditional culture of China Spring Festival.

Participation mode: telephone appointment, offline participation.

Organizer: Zhaoyuan Library

Tel: 0535-8213787

8. Name of the event: Zhaoyuan Museum’s "Collection of Fine Cultural Relics Photo Exhibition"

Time: during the Spring Festival in 2023 (from the first day of the first month to the eighteenth day of the first month)

Venue: Tourist Center of Luoshan Tourist Area

Content: During the Spring Festival, Zhaoyuan Museum carefully selected the representative cultural relics of Zhaoyuan from the Western Zhou Dynasty, Tang and Song Dynasties to the Liberation War, and exhibited them in the visitor center of Luoshan tourist area in the form of pictures and text introductions, bringing history and culture to the masses, transforming cultural relics and historical sites into understandable ways, remembering knowledge, and facilitating tourists to understand Zhaoyuan’s profound history and culture.

Participation mode: offline participation

Organizer: Zhaoyuan Cultural and Tourism Service Center

Tel: 0535-8212661 8232384

9. Event name: Book Association sends blessings to send Spring Festival couplets.

Activity time: January 6th and 10th, 2023.

Location: Linglong Neighbourly Village, Silkworm Village Xishan Wang Jiacun.

Content: Calligraphers Association entered Linglong Neighbourly Village, Silkworm Village Xishan Wang Jiacun and institutions. Calligraphers wrote Fu Zi and Spring Festival couplets on the spot with passionate pen and ink, and sent out calligraphy works. It shows the charm of calligraphy, expresses the blessing of the Spring Festival at the same time, brings a visual feast to the masses, publicizes the charm of China’s ancient traditional culture, and inspires the masses to love and express their national pride in traditional culture.

Participation mode: offline participation

Organizers: Zhaoyuan Federation of Literary and Art Circles and Zhaoyuan Calligraphers Association.

Tel: 15589595578

Online activities(5individual)

1. Event name: Zhaoyuan Spring Festival Gala in 2023

Time: During the Spring Festival in 2023 (from the 27th day of the twelfth lunar month to the 7th day of the first month)

Content: With the aim of building a harmonious, humanistic, civilized and charming capital, with the aim of improving Zhaoyuan’s cultural taste and inspiring Zhaoyuan people to love and build Zhaoyuan, Zhaoyuan’s external popularity will be expanded, and a happy, peaceful, confident, warm-hearted, warm and affectionate Chinese New Year cultural feast will be dedicated to 540,000 Jindu people.

Participation methods: Zhaoyuan TV Comprehensive Channel and Zhaoyuan TV Variety Channel.

Organizers: Propaganda Department of Zhaoyuan Municipal Committee, Zhaoyuan Culture and Tourism Bureau and Zhaoyuan Media Center.

Tel: 0535-8155086

2. Name of the event: Zhaoyuan Third Joint Exhibition of Traditional Chinese Painting and Oil Painting.

Time: January 1, 2023-February 5, 2023

Content: jointly organized by Zhaoyuan Chinese Painting Academy and Zhaoyuan Oil Painting Society, more than 100 selected oil paintings and Chinese paintings were exhibited at Hongtianxia Art Museum in Zhaoyuan City to welcome the arrival of the New Year.

Participation method: WeChat search WeChat official account "Zhaoyuan Fish Eye Visual Culture Media" participated.

Organizers: Zhaoyuan Art Museum and Hongtianxia Art Museum.

Tel: 13553110838

3. Activity name: Reading famous articles and sending messages for the New Year.

Time: January 5, 2023-January 23, 2023

Content: around the theme of "reading famous articles and sending messages for the New Year", the reader recorded the audio of reading related topics and submitted it to the library. All the works will be displayed on the WeChat WeChat official account of Zhaoyuan Library, and the outstanding works will be selected by the way of like voting.

Participation method: WeChat search WeChat official account "Zhaoyuan Library" and participate online.

Organizer: Zhaoyuan Library

Tel: 0535-8213787

4. Name of the activity: "Reading and seeing the beauty through the network" is a special reading promotion activity of traditional culture during the Spring Festival.

Time: January 16, 2023-February 17, 2023

Content: The National Library, in conjunction with libraries at all levels in China, jointly launched the special reading promotion activity of "Online Scholarship, Reading and Seeing Beauty" for the Spring Festival traditional culture. The activity was carried out by relying on the WeChat applet of "Reading Beautiful Books on the Internet". From the existing resources of the applet and the national pictures and New Year pictures, the theme resources such as traditional culture and festival customs were selected, covering 30 kinds of e-books, 10 kinds of audio books and 20 pictures of New Year pictures, and made into special pages to launch the Spring Festival reading area.

How to participate: WeChat search "Zhaoyuan Library" in WeChat official account, and read online.

Organizer: Zhaoyuan Library

Tel: 0535-8213787

5. Name of the event: our festival-traditional Lu Opera performance on the line of cultural activities.

Time: January 21, 2023-January 28, 2023

Content: In the form of online performance, we will carry out the "Our Festival-Culture Enters Ten Thousand Families" (classic plays such as dragon and phoenix noodles and flogging reed flowers), so as to better carry forward the excellent traditional culture, create a strong festive atmosphere, enrich the cultural life of the masses during the festival, and show the fruitful achievements of the inheritance and innovation of the opera art of Zhaoyuan Lu Troupe.

Participation method: Zhaoyuan Lu Opera Troupe WeChat WeChat official account Online Performance.

Organizer: Zhaoyuan Lu Troupe

Tel: 0535-8212090

Editor in Charge: Yin Xin

Editor: Li Xiaofei

Reporting/feedback

The details of insider trading were exposed. The former director of Tongding Internet was informed criticism

Our reporter Gui Xiaosun
On November 15th, Tongding Internet issued an announcement, and Shenzhen Stock Exchange decided to punish informed criticism for the illegal insider trading of Qian Huifang, then a director, through someone else’s account actually controlled in January 2020. As early as August 2021, Tongding Internet issued an announcement that Qian Huifang was put on file for investigation, but the subsequent progress was not disclosed. In May this year, listed companies did not disclose relevant information after the punishment of Qian Huifang by Jiangxi Supervision Bureau of China Securities Regulatory Commission landed.
The Securities Daily reporter called the company to inquire about relevant matters. The staff said that Qian Huifang had resigned and was no longer a director of the company. The punishment was directed at him personally. The company did not receive the relevant punishment documents, and Qian Huifang did not take the initiative to mention this to the company. Therefore, the company did not make an announcement on this.

Information disclosure "has a beginning and no end"


On November 15th, the Exchange decided to punish informed criticism by Qian Huifang, then director of Tongding Internet. The punishment decision mentioned that according to the facts ascertained in the Decision on Administrative Punishment of Jiangxi Supervision Bureau of China Securities Regulatory Commission (hereinafter referred to as the Decision on Administrative Punishment),During his tenure as a director of Tongding Internet, Qian Huifang sold shares accounting for 0.91% of the total share capital of Tongding Internet from January 13 to January 20, 2020, with a turnover of 76.4794 million yuan.Qian Huifang failed to fulfill the pre-disclosure obligation 15 trading days before the first sale of Tongding Internet shares.

The Securities Daily reporter inquired from official website of China Securities Regulatory Commission that the above-mentioned administrative penalty decision was made in May this year, but Tongding Internet has not yet announced it. Further inquiry information shows that on August 9, 2021, Tongding Internet published a message that director Qian Huifang received the notice of filing a case with the CSRC, because it was suspected of insider trading. In other words, Qian Huifang, the then director, was placed on file to investigate this matter, and the information disclosure of Tongding Internet was "beginning and end".
Lawyer Wang Zhibin of Shanghai Minglun Law Firm told the Securities Daily reporter that according to Item 16, Paragraph 2, Article 22 of the Measures for the Administration of Information Disclosure of Listed Companies, the actual controllers, directors and other core people of the company were administratively punished by the CSRC, which is a major event that should be disclosed immediately. In addition, Article 5 of the Measures for the Administration of Information Disclosure of Listed Companies stipulates the principle of consistency in information disclosure. If the listed company announces the matters in which the relevant directors are put on file for investigation in the early stage, the subsequent investigation results shall be disclosed.
Lawyer Yang Zhaoquan, director of Beijing Weinuo Law Firm, believes that "after leaving office, directors no longer hold positions in the company and no longer have the status of’ directors’. Therefore, they are not in the required scope of disclosure. However, whether a matter should be disclosed, in addition to the identity of the parties, we should also consider whether the incident will have a significant impact on the company’s stock price, investors’ decision-making, and whether the listed company knows the matter in time before making a comprehensive judgment. "

Insider trading at the right time


According to the content of the administrative penalty decision, Qian Huifang’s insider trading is related to the performance of an acquired asset of Tongding Internet in 2017.
In March 2017, Tongding Internet acquired 100% equity of Baizhuo Network at a price of 1.08 billion yuan. In the first half of July 2019, the then Secretary of Tongding Internet and the accountant of Tianheng Certified Public Accountants conducted an on-site inspection on the accounts receivable of Baizhuo Network. The inspection shows that the accounts receivable and prepayments of Baizhuo Network show a rapid growth trend, the business situation is deteriorating, and the main assets have a large impairment risk. Subsequently, from August 18 to November 2019, Qian Huifang was informed in the work report that Baizhuo Network was likely to fail to fulfill its performance commitments in 2019, estimated losses, and impairment of goodwill.
On January 23, 2020, audited by Tianheng Certified Public Accountants, the estimated loss of Baizhuo Network in 2019 was 494.777 million yuan. On the evening of February 2, 2020, Tongding Internet released the 2019 annual performance forecast, saying that the net profit attributable to shareholders of listed companies in 2019 is expected to lose 2 billion yuan to 2.5 billion yuan, of which the goodwill formed by the acquisition of Baizhuo Network shows signs of impairment, and the amount of goodwill impairment reserve to be accrued is about 857 million yuan; The impairment reserve of polished rod production line and some optical fiber production lines under construction is about 500 million yuan; The estimated loss of Baizhuo Network in 2019 is about 500 million yuan.
Before the "bad news" was issued, from January 13 to January 20, 2020, Qian Huifang carried out insider trading through the account of her brother-in-law Lu Moming.
Straight flush data shows that in the five trading days after January 21, 2020, Tongding Internet’s shares continued to fall, and there were two trading days with daily limit.
"Article 53 of China’s Securities Law clearly stipulates that if insider trading causes losses to investors, it shall be liable for compensation according to law. Therefore, if Tongding Internet causes losses to investors due to the illegal and criminal behavior of insider trading of former directors, investors can file a civil lawsuit and ask the former directors to bear civil liability for compensation. " Yang Zhaoquan told the Securities Daily reporter.

Funds and stocks are mostly bought and sold by relatives’ accounts.


Wang Zhibin told the "Securities Daily" reporter that from the insider trading behavior detected by the regulatory authorities in the past, insiders usually do not directly trade the stocks involved in the case through their own accounts, but trade through the "mouse warehouse". However, in the face of big data, the "mouse warehouse" has been difficult to hide.
According to the facts found by the CSRC, Lu Mouming’s account transaction and fund password were mastered by He Mouliang, then manager of Tongding Internet Financing Department, and he was responsible for specific securities trading operations. In January and April of 2018, under the arrangement of Qian Huifang, 212.4 million yuan of funds were transferred from the bank account of Tongding Group Co., Ltd., the controlling shareholder of Tongding Internet, to Lu Moming’s account in two installments, and then the account bought shares of Tongding Internet through block transactions. On June 26, 2018, before the liquidation of 11 million shares of Tongding Internet in Lu Mouming’s account was frozen, the account sold some positions one after another. On January 14th, 2020, 11 million shares of Tongding Internet in Lu Mouming’s account were pledged in advance. From January 13 to January 20, 2020, Lu Mouming’s account was centralized and cleared to sell shares of Tongding Internet, with a turnover of 76.4794 million yuan to avoid losses of 17.06 million yuan. On January 22nd of the same year, Lu Moming’s account transferred out the proceeds from the stock sale and part of the existing funds, totaling 76.9701 million yuan, part of which was directly transferred to Wuxi Tyco Lingke Industrial Investment Partnership (Limited Partnership), and part of the funds were transferred to Wuxi Tyco Lingke Industrial Investment Partnership (Limited Partnership) through the accounts of Shan and Wang, all of which were used for the equity acquisition of Wuxi Deke Liguo Electronic Technology Co., Ltd.. The equity acquisition project is directly arranged by Qian Huifang as a whole, including equity transfer contract, third-party equity holding, fund transfer and allocation, etc. On February 11th, 2020,Lu Moming’s account transferred 7 million yuan to Qian Huifang’s daughter’s account corresponding to the three-party depository account. The evidence shows that Qian Huifang is the actual controller of Lu Moming’s account.
The above-mentioned estimated losses of Tongding Internet in 2019 are inside information. The inside information was formed no later than November 29, 2019 and made public on February 2, 2020. The sensitive period of inside information is from November 29, 2019 to February 2, 2020. Qian Huifang, director of Tongding Internet, and others are insiders of inside information, among which Qian Huifang knows that the time is no later than November 29, 2019.
Regarding Qian Huifang and He Mouliang’s insider trading "Tongding Interconnection" behavior, the administrative penalty decision shows that Qian Huifang’s illegal income was confiscated by 17.06 million yuan, and Qian Huifang was fined by 33.52 million yuan, and He Mouliang was fined by 600,000 yuan. Qian Huifang was ordered to make corrections, given a warning and fined 300,000 yuan for her illegal information disclosure.
Regarding the above matters, Wang Zhibin analyzed that in addition to the insider trading behavior of the former directors, Tongding Internet was also suspected of making false statements. "According to the facts identified by the CSRC, the inside information of asset impairment constitutes a major event, and the formation time is no later than November 29, 2019. According to the regulations, listed companies should disclose the major risks of asset impairment and huge losses in a timely manner, instead of disclosing related matters on February 2, 2020. "

What are the marking methods of references after the paper?

To cite documents, in addition to indicating the source and source in the text, the references should be listed at the back of the paper. The references at the end of a dissertation are generally arranged in the order of strokes or initials of the author’s surname. At the same time, if the references involve multiple languages (such as Chinese, English, Japanese, etc.), they should be listed according to the classification of languages. The content and format of references after the text also have basic norms and requirements, and their description content and format are as follows:

1. The main responsible person

The person who is mainly responsible refers to the individual or group who is mainly responsible for the knowledge content of the document. Multiple responsible persons are separated by ",".When there are more than three responsible persons, only the first three responsible persons are recorded, followed by "etc." and ".et al" in English. When the author is unknown, this item can be omitted. Such as:

[1] Du Guanghai, Academic Paper Writing ABC[M]. Guangzhou: Guangdong Higher Education Press, 2006:15-16.

2. Document name and version

Literature titles include book titles, thesis titles, patent titles, precipitation titles and so on. The title of the document is not added with the book name "".

3. Document type and carrier type identification

According to the national standard GB 3469—1983 "Document Types and Document Carrier Codes", the following types of reference documents are identified in English capital letters: monograph [M], conference proceedings [C], newspaper articles [N], periodical articles [J], dissertations [D], reports [R], standards [S] and patents [P].

For electronic documents with non-paper carriers, when they are cited as references, the carrier type should be indicated in the reference type identification. Generally, the following identifications are adopted: magnetic tape [MT], magnetic disk [DK], optical disk [CD] and online network [OL]. The basic format of electronic document type and carrier type identification is [document type identification/carrier type identification], for example, [EB/OL]_ online electronic announcement.

4. Publication items

Publication items include information such as the place of publication, publisher, year of publication, or the source of other documents. The place of publication refers to the city name of the publisher. The publishing house must be full name. For newspapers and patent documents, the publication date should be recorded in the form of YYYY-MM-DD. For electronic documents, it is necessary to indicate their available addresses.

5. Starting and ending page numbers of references

The last item in the reference is generally "page number", which indicates the location code of the text. If the text has been marked with page numbers, the page numbers of references can usually be omitted. When the page number is marked at the end of the text, if it is a start-stop page, use a "-"sign between two numbers. If multiple references are made to the same document in the paper, the page number or the starting and ending page number of the corresponding citation should be recorded in turn, and the times should be separated by ",".

What are the basic principles of reference citation?

What are the marking methods of references in the text?

How to write a self-report before graduation thesis defense?

Will the paper be included in the personal duplicate check?

[Document Retrieval] The methods and steps of relevant document retrieval

How to choose the duplicate checking system for graduate dissertations?

Why is there such a big gap in repetition rate among different paper duplicate checking platforms?

What is the effect of high repetition rate of paper duplicate checking?

——Turnitin —— A Paper Duplicate Checking System for International Students

What if you can’t write your graduation thesis?

Survey Report: What do college students care most about during the two sessions?

  Gao Mingyao, who is interested in scientific research and cultural tourism industry, is a junior in the School of Environment of Harbin Institute of Technology. Recently, he has always been concerned about current affairs, and watched the live broadcast of the opening of the Third Session of the 13th Chinese People’s Political Consultative Conference and the Third Session of the 13th National People’s Congress, and the live broadcast of interviews with delegates and members.

  As early as a few years ago, Zhang Han began to pay attention to the formulation of the Civil Code. On the morning of May 22, she got up and waited for the information reviewed by the Civil Code. "WeChat group is all kinds of information sent by classmates and teachers. Everyone is looking forward to seeing the relevant content of the Civil Code as soon as possible."

  Recently, the media of Zhongqing School launched a questionnaire survey for 1606 college students nationwide. The survey results show that among the respondents, 89.9% of college students expressed concern about the NPC and CPPCC, 18.8% expressed great concern about this year’s NPC and CPPCC, 41.2% expressed concern, 29.9% expressed general concern, and 10.1% expressed little concern.

  Employment, education and economic development rank among the top three in college students’ minds.

  According to the media survey of Zhongqing school, employment (65.7%), education (61.4%) and economic development (50.2) are the three topics that college students are most concerned about. Epidemic prevention and control (45.3%), income level (40.4%), culture (21.9%), medical care (16.7%) and social security (16.7%).

  Liao Yangxin, majoring in labor and social security at Fujian Agriculture and Forestry University, is a sophomore this year. Apart from livelihood security issues closely related to his major, he also pays special attention to employment. "Some people are worried that the overall pressure of employment and postgraduate entrance examination will not last until next year." He noted that in the government work report, it was proposed that unreasonable restrictions on employment should be eliminated and measures to promote employment should be exhausted. The escort of national policies has made him more confident in his future employment.

  According to the media survey of China Youth University, among the education-related topics, 59.2% of the respondents pay attention to the news about the enrollment expansion of graduate students and junior college students. Among them, girls (61.2%) pay more attention to further education than boys (54.8%).

  Wang Niu mentioned "graduate enrollment expansion" many times. There are not many schools offering her major, and the number of students enrolled is also small. "Although the competition is fierce, I still hope that colleges and universities will expand their enrollment in majors with scarce talents in combination with market demand."

  Economic development is closely related to the employment situation. Gao Mingyao of Harbin Institute of Technology has been paying close attention to the promotion of cultural tourism industry to economy. An investigation experience in the rural areas of Northeast China made him realize the promotion of cultural tourism industry to increase villagers’ income.

  At the two sessions this year, Gao Mingyao was deeply impressed by the proposal of Huang Jiansheng, member of Chinese People’s Political Consultative Conference and chairman of the Heilongjiang Provincial Political Consultative Conference. Committee member Huang Jiansheng’s proposal revolves around "seizing the opportunity of the Winter Olympics to develop ice and snow sports". Gao Mingyao said: "This is closely related to the development of my hometown. Heilongjiang people have always loved ice and snow sports, and there are also rich ice and snow resources here, which are suitable for the development of related cultural tourism industries. "

  Social networks and television have become the main channels of concern, and public health has attracted attention.

  According to the media survey of Zhongqing School, Weibo (70.99%) is the most used channel for college students to pay attention to the NPC and CPPCC, followed by TV (60.34%), WeChat WeChat official account (60.87%), mobile news App(39.82%), newspaper (18.33%), computer news website (16.18%), and some college students pass through Bili.

  Influenced by the epidemic situation in COVID-19, college students paid more attention to epidemic prevention and control, public health, medical care and other related issues this year, ranking fourth among all topics.

  Tong Yu, a sophomore at Fudan University, is concerned about epidemic prevention and control. "What are the conditions for taking off masks?" "What prevention and control measures will there be in the future?" Are topics of daily concern to him.

  Wang Yinyi of shanghai dianji university mentioned the problem of medical reimbursement for college students. She was anxious to make an appointment for hospital treatment because of toothache. Later, when she went to the school hospital to open a transfer order, she found that the treatment fee could not be reimbursed because the hospital was not a designated medical insurance hospital. She hopes that the medical needs of college students will be paid more attention, "such as speeding up the appointment of HPV vaccine".

  Wang Jingzi of northwest university of politics and law also locked the key words of this year’s two sessions in the topic related to HPV vaccine. "There are more and more people who know about HPV vaccine now, and the domestic vaccination routes are constantly improving, and the cost of vaccination is relatively reduced. Looking forward to the two sessions this year ‘ Incorporate HPV vaccine into the national immunization plan ’ Our suggestions can be seriously considered. " Wang Jingxi said.

  College students are highly motivated to participate in social affairs discussions.

  According to the survey of the media in China Youth University, college students are concerned about not only their study and life, but also all aspects of social life.

  The issue of tackling poverty is closely related to many college students. Li Huawei, a doctoral student in communication at Wuhan University who is at home because of the epidemic, will focus on poverty alleviation in his hometown.

  "Before someone lived in a dangerous house on the mountain. Now residents’ housing has been guaranteed and their living environment has been significantly improved. Neighbors recently brought a new car in full. " Li Weihua not only saw the improvement of the living standards of local residents, but also felt some problems still existing in the economic development of his hometown. "In my hometown, my father’s generation went out to work more, and the family’s economic income increased, but the local development was relatively backward." Li Huawei expects to see more measures on poverty alleviation in the two sessions, such as policy support, financial support and investment opportunities at the government level.

  Because some family members are working in the front line of poverty alleviation, Lei Lei, a graduate student of Zhejiang University, is very concerned about how to get rid of poverty and tackle the problem. Lei Lei learned that due to the epidemic situation, some assistance work encountered difficulties. "On the one hand, how to successfully complete the task of getting rid of poverty and let poor households tide over the difficulties smoothly; On the other hand, it is to let poverty alleviation cadres invest in poverty alleviation without worries. "

  When he participated in the "Three Rural Areas" activity last year, Liao Yangxin was responsible for recording local life with photos. In the photos he took, an old house built of yellow adobe was in sharp contrast with a two-story brick building. The two-story building is a new house built by the local government to help poor households, which is twice as high as the old house with the same second floor, and the alloy window frame is two or three times larger than the wooden window of the old house. "There, I can understand how poverty alleviation is implemented." Liao Yangxin said.

  Among college students, the proportion of people who are concerned about housing issues accounts for 29.8%, among which boys (38.0%) are more concerned about housing than girls (26.0%).

  Undergraduate students’ attention to entrepreneurship decreased with the increase of grade, and the proportion of freshmen to seniors was 13.3%, 11.2%, 11.2% and 5.3% respectively. In the postgraduate stage, the proportion of non-graduating students who pay attention to entrepreneurship is 1.8%, and the graduation grade pays special attention to entrepreneurship issues (14.3%).

  In the fields of teachers’ morality, information security and so on, college students’ attention basically increases with age. Undergraduate freshmen and seniors pay 25.0%, 27.9%, 36.1% and 30.7% attention to the construction of teachers’ morality and style respectively, while non-graduate and graduate students pay 39.3% and 42.9% respectively. The relevant data of information security are 18.6%, 18.1%, 24.5%, 25.3%, 21.4% and 28.6% respectively. It can be seen that with the deepening of school education and the growth of students’ social experience, the awareness of personal information security is gradually enhanced.

  Long Lingyu, a graduate student majoring in journalism and communication in China Communication University, said that he was very concerned about the review of the Civil Code. He once encountered online fraud, which made him realize the importance of formulating laws and regulations related to online fraud.

  According to Zhang Han, a law major at Qingdao University, the formulation of the civil code is not only a matter of the legal profession, but also related to every aspect of everyone’s life. "For example, the draft Civil Code stipulates that App cannot excessively collect and process personal information in violation of laws and regulations. When using the network, each of us faces the risk of information leakage. It is related to the basic rights of individuals in the new technology era in the context of the Internet, big data and artificial intelligence. " Zhang Han said.

  (At the request of the interviewee, Zhang Han and Lei Lei are pseudonyms.)

  Zhongqingbao Zhongqingwang Trainee Reporter Cheng Si Bi Ruoxu Luo Xi Intern Liu Kaiyang Source: China Youth Daily

[See you at 8: 00] The black box of the crashed passenger plane of Egypt Airlines has found many countries to stop the Boeing 737MAX8 passenger plane.

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

  [Concern of the two sessions]

  At 9: 00 on the 12th, the Second Session of the 13th National People’s Congress held its third plenary meeting to hear Zhou Qiang, President of the Supreme People’s Court’s report on the Supreme People’s Court’s work and Zhang Jun, Procurator-General of the Supreme People’s Procuratorate’s report on the Supreme People’s Procuratorate’s work; After the plenary meeting, the second meeting of the presidium was held. In the afternoon, the delegation held a plenary meeting to review the revised draft of the foreign investment law and the work report of the "two highs".

  Wang Zhigang, Minister of Science and Technology: State-owned and private enterprises are treated equally regardless of their origins.

  On March 11th, the Ministry of Science and Technology answered a reporter’s question on "accelerating the construction of an innovative country". On the issue of encouraging private enterprises, Wang Zhigang said that from the perspective of the Ministry of Science and Technology, it is the same for state-owned and private enterprises to participate in innovation regardless of their origins. The rules are fair and the opportunities are fair. We try to have a good environment and good rules to provide equal opportunities. This is what we have to do.

  Li Ganjie, Minister of Ecology and Environment, talks about the construction of ecological civilization: related work cannot be said to be important or done to be secondary.

  At 15: 00 on March 11th, the press center of the Second Session of the 13th National People’s Congress held a press conference in the press room of the Media Center, and invited Li Ganjie, Minister of Ecology and Environment, to answer questions from Chinese and foreign journalists on "Fighting the tough battle against pollution". Li Ganjie said that on the issue of protecting the ecological environment, it cannot be said that the truth is the truth, and the director belongs to the director. It is important to say it, but it is secondary to do it. If the supervisor is tight, he will grasp it and put it aside. It is even more important not to start the idea of spreading projects at the expense of the environment for economic growth because of some difficulties in economic development, or even try to break through the red line of ecological protection.

  Many CPPCC members suggested establishing a filing system for academic credit records of scientific researchers.

  Academic misconduct has entered the national action plan from the field of public opinion. During the two sessions this year, many CPPCC members made suggestions on this, including the establishment of an independent investigation committee on academic misconduct and the establishment of a filing system for academic credit records of scientific researchers.

  [domestic]

  The document issued by the Central Office regards 2019 as the "year of burden reduction at the grassroots level".

  The General Office of the Central Committee of the CPC recently issued the "Notice on Solving Outstanding Formalism Problems to Reduce the Burden at the Grassroots Level". The "Notice" said that recently, the General Secretary of the Supreme Leader made important instructions, emphasizing that in 2019, it is necessary to solve some formalism problems that plague the grassroots and effectively reduce the burden for the grassroots; With the consent of the central leading comrades, it was decided to take 2019 as the "year of reducing burdens at the grassroots level".

  The TD-SCDMA built by China Mobile’s 100 billion yuan began to withdraw from the network.

  On March 11th, the reporter noticed a news earlier in official website, Fuzhou Municipal People’s Government. According to the letter, "after research, it is agreed to cancel 6,535 TD-SCDMA base stations that your company has stopped using, seal the data of TD-SCDMA base stations in the database and recover the original radio station licenses". A technical staff member of an operator said that it is the general trend that 2G and 3G will drop out of the network, and China Mobile’s 3G communication industry chain has little support power to make way for 5G construction, so it is inevitable that 3G will drop out of the network. China Mobile has invested at least 300 billion yuan in 3G networks. At present, the three major operators are making preliminary preparations for the construction of 5G, clearing the frequency and withdrawing from the network.

  Is it affected for enterprises to reduce personal pensions in the future? Experts say this.

  In the package of tax reduction and fee reduction policies mentioned in this year’s government work report, a set of data attracts people’s attention: "Reducing the contribution ratio of urban workers’ basic old-age insurance units can be reduced to 16% in all places", and at the same time, "continuing to raise the basic pension for retirees" has achieved 15 consecutive increases so far. Between the "one reduction and one increase" of the pension, it means that less is paid and more is paid. Some people worry that when I retire, will the pension benefits be affected?

  In this regard, the government work report has a clear response: "It is necessary to reduce the burden of enterprise payment, but also to ensure that employees’ social security benefits remain unchanged, and pensions are reasonably increased and paid in full and on time, so that social security funds can be sustainable and enterprises and employees can benefit."

  Three departments: primary and secondary schools are not allowed to set up food business places such as canteens on campus.

  According to the website of the Ministry of Education, the "Regulations on the Management of Food Safety and Nutrition Health in Schools" formulated by the Ministry of Education, the State Administration of Markets, the National Health and Wellness Committee and other departments was recently announced and will come into force on April 1, 2019. The "Regulations" clarify that primary and secondary schools and kindergartens are generally not allowed to set up food business places such as canteens and supermarkets on campus.

  [international]

  The "black box" has been found. Many countries have called for a time-out for Boeing 737MAX8.

  According to rescuers in front, the black box of flight ET302 that crashed yesterday has been found and brought back for testing by Ethiopian Airlines staff. Official website, Civil Aviation Administration of China, announced early on the 11th that the Civil Aviation Administration had asked domestic transport airlines to suspend the commercial operation of Boeing 737-8 (737MAX 8) aircraft before 18: 00 that day. At this time, the worrying Ethiopian Airlines crash happened only one day. Shortly after China released the relevant news, Indonesian and Mongolian countries also took similar grounding measures.

  The US Treasury Department announced sanctions against a Russian-Venezuelan joint venture bank. 

  On the 11th, the US Treasury Department announced the imposition of sanctions on a Russian-Venezuelan joint venture bank on the grounds that it provided relevant support and services to Venezuelan oil companies. Background information: On January 23rd, Guaido, president of Venezuelan Parliament and leader of the opposition, proclaimed himself as "interim president" and was recognized by the US government. On January 28th, the US Treasury Department announced the imposition of sanctions on Venezuelan oil companies. In order to force Venezuelan President Maduro to step down, the United States has continuously increased its sanctions against Venezuela. Venezuelan government condemns US sanctions against Venezuela.

  "Brexit" and "terrorist attack" anxiety, the British turned to "chicken soup for the soul"

  According to the report, in 2018, Britain experienced a series of blows, such as terrorist attacks, unsuccessful Brexit and the elimination of the World Cup. People tried to seek spiritual comfort and peace in the sea of books, so inspirational books were very popular. According to statistics, books such as Chimpanzee Paradox: Controlling Irrational Impulse, Stress Solutions: Four Steps to Make You Calm, Happier and Healthier, Digital Minimalism: Living Better with Less Technology, which provide advice on how to deal with negative emotions and teach people how to cope with life stress, have made the bestseller list.

  Get rid of "colonial color"! African independent countries want to change their names to avenge their shame.

  A few days ago, Cook Islands, a South Pacific island country, planned to change its country name, abandoning the country name taken from the surname of james cook, a British navigator in the 18th century, and replacing it with a new country name that can reflect Polynesian characteristics. In fact, it was very common for African independent countries to change their names in the 20th century, and most of them were aimed at getting rid of the "colonial color".

  40 years of global warming: the warming rate in the Russian Arctic is four times faster than that in the world.

  According to Sputnik, the average annual temperature in the Russian Arctic in 2018 was 2.48 degrees higher than the normal temperature. According to the data from the Institute of Global Climate and Ecology, the speed of warming in the Russian Arctic in recent 40 years is four times faster than that of global warming.

  Society

  Wechat platform will crack down on drug sales and help friends forward or be punished.

  Wechat Security Center recently announced that the use of WeChat personal account to publish sales information of "illegal contraband" violated the Criminal Law of People’s Republic of China (PRC) and other relevant laws and regulations, and the WeChat security team will resolutely deal with and severely crack down on illegal activities.

  China Consumers Association released the list of car complaints last year: Mercedes-Benz BMW Audi was on the list.

  The China Consumers Association released a report on the 11th, saying that the data of automobile complaints accepted by the National Consumers Association in 2018 were analyzed, and it was found that BYD had the largest number of complaints from the top ten brands involved, and the three German luxury car brands Mercedes-Benz, BMW and Audi were all on the list. "The three German luxury car brands Mercedes-Benz, BMW and Audi are all on the list, which also reflects the upward trend of automobile consumption. This complaint data is absolute, and consumers should consider it comprehensively because of the different sales volume and ownership of each automobile brand. " The report said.

  Shanxi police recovered a number of high-grade cultural relics such as the "drum-building seat with snake pattern" in the Warring States period.

  The reporter learned from the Shanxi Provincial Public Security Department on the 11th that from January to February, 2019, Shanxi police cracked 110 cultural relics crimes, arrested 260 suspects, destroyed 24 criminal gangs and recovered 5,259 cultural relics, including 26 first-class cultural relics, 26 second-class cultural relics and 128 third-class cultural relics. Among the recovered cultural relics, a number of high-grade cultural relics belonging to the Warring States period, such as the "drum-building seat with snake pattern", shocked the academic community. At present, a number of recently recovered national treasures are being exhibited to all sectors of society in Shanxi Museum. Among the newly exhibited precious cultural relics, there are national first-class cultural relics, such as bronze reeds with animal face patterns, four-legged bronze reeds, bronze reeds with animal face patterns, etc. Among them, a bronze weapon of the Warring States period, "drum-building base with snake patterns", is exquisite and has attracted great attention from the archaeological and cultural circles.

  Guangxi informed that the cleaner was beaten by four men and women: three were arrested and one was reprimanded.

  According to WeChat WeChat official account, the port branch of Fangchenggang Public Security Bureau, Guangxi, on the 11th, the police informed the cleaners that they were beaten by four men and women: three people were punished by administrative detention for 10 days, and one was punished by admonition and education because of minor circumstances.

  12-year-old chubby neck is black and can’t be washed clean. Doctor: Be careful of diabetes. 

  Tao Tao, a 12-year-old elementary school student, was a picky eater since he was a child. He didn’t like vegetables, and he couldn’t live without meat. He especially liked fried chicken and hamburgers, and he didn’t like sports at ordinary times. He weighed more than 140 kilograms at an early age. Originally, the skin was white, but the neck was surrounded by a "black scarf" that could not be washed away. After the examination of endocrinology department in Houhu Hospital of central hospital of wuhan, it was found that this was acanthosis nigricans caused by obesity, and the doctor said that if it was not controlled, it might develop into diabetes.

  The 41-year-old master’s son is still unmarried, and his old father didn’t take him back to his hometown for the New Year for four years: he was ashamed to see anyone.

  Recently, in the blind date corner of Wansong College in Hangzhou, Zhejiang Province, an uncle said that he had come to Hangzhou from his hometown of Anhui to make a blind date for his 41-year-old son with a master’s degree. He said that he had not let his son go home for the New Year for four years, because his son had no face to see his elders in Jiangdong because he was afraid of jokes.

  Leather dress and boyfriend jacket … … Do you like this school uniform?

  Recently, five school uniform items designed by students of Zhejiang Sci-Tech University’s campus entrepreneurship team were officially launched as the periphery of the official campus. There are striped sweaters, boyfriends’ jackets and jackets, cool leather skirts, retro colors and school-specific logo. Isn’t it cool? On the first day of publication on WeChat WeChat official account, the tweets of school uniforms exceeded 10,000.

  [Sports]

  The 2019 All England Badminton Open ended, and China won three championships. 

  The 2019 All England Badminton Open ended in Birmingham, England on the 10th local time (the early morning of 11th Beijing time). China won the women’s singles, women’s doubles and mixed doubles in five events, becoming the biggest winner of this competition.

  After the Winter Olympics, there was another breakthrough, and the China wheelchair curling team won the first World Championship. 

  On the evening of 10th local time (the early morning of 11th Beijing time), China’s wheelchair curling team defeated the host Scottish team 5-2 in the final of the World Wheelchair Curling Championships and won the gold medal in the 2019 World Wheelchair Curling Championships. After winning the first gold medal of the China delegation in the Winter Paralympics in Pyeongchang Winter Olympics, the China wheelchair curling team made a new breakthrough.

  [face]

  On March 9, the referee Fu Ming (third from right) after the game.

  [Fu Ming] The referee of Luneng Jianye War was suspected of plagiarism and responded.

  On the afternoon of March 9th, in the second round of the Super League, Shandong Luneng drew 2-2 with Henan Jianye. During the game, Fu Ming, the international referee on duty, was punished several times, which caused dissatisfaction among the home team. After the game, some netizens exposed the plagiarism of Fu Ming’s paper, and checked the weight as high as 54.84%, and boarded the hot search. In this regard, Jincheng College of Nanjing University of Aeronautics and Astronautics (China Southern Airlines Jincheng College) responded that it will continue to pay attention and will respond and deal with it according to the investigation conclusions of its degree-granting units.

  It is worth noting that at the new season mobilization meeting held by the China Football Association in February 2019, the China Football Association confirmed that a team of professional referees of the China Football Association would be formed by domestic excellent referees and foreign professional referees. The first batch of professional referees of China Football Association consisted of six people, including Fu Ming.

  [Quan Douhuan] The former president of South Korea was tried on suspicion of damaging his reputation.

  Former South Korean President Quan Doo-hwan was tried again as a defendant in Gwangju District Court on the 11th for allegedly damaging the reputation of the participants in the "5.18 Gwangju Incident". According to Yonhap News Agency’s report on March 10th, Quan Douhuan and former President Lu Taiyu were accused of initiating civil strife during the "December 12th Military Rebellion" and "May 18th Gwangju Incident", and were prosecuted in December 1995 and tried and sentenced in 1996.

  [O ‘Sullivan] A thousand strokes broke the 35th crown of a hundred wins career and opened a new era of snooker. 

  In the early morning of 11th Beijing time, the 2019 Snooker Players Championship ended in Preston, England. "Rocket" O ‘Sullivan defeated Robertson 10-4 in the final and successfully defended his title. This is O ‘Sullivan’s 35th ranking champion, just one step away from "Billiards Emperor" Hendry. At the same time, with the help of three shots in this game, O ‘Sullivan broke a hundred times in his career, an unprecedented achievement.

  [Liu Xinglei] One-armed courier: I can do what others can do.

  Liu Xinglei, who lives in Zhongzhou Street, Zhongxian County, Chongqing, is a courier who has been working for more than half a year. At the end of last year, a photo of him carrying a parcel for delivery was photographed by a customer and sent to the Internet, which swept the circle of friends of Zhongxian people — — The sleeve in the first half of the right arm is empty, and the parcel is supported only by the end. "Although I am a disabled person, I can support myself as long as I have a little more strength and sweat than a healthy person."

The second on the left is Kelly Catlin.

  [Kelly Catlin] The 23-year-old American Olympic medalist committed suicide.

  The American Cycling Association (USA Cycling) announced on the 10th local time that Kelly Catlin committed suicide on the 8th at the age of 23. She is an American cyclist, who won the World Championship three times and helped the United States win the silver medal in the cycling women’s team event in Rio Olympic Games.

  See you at 8 o’clock tomorrow!

Biotechnology has been seriously declining, but now may be a good time to buy

  Nowadays, analysts are so critical of the market that it is difficult for active fund managers to find mispriced stocks to beat index funds. Biotechnology is one of them, and now is a good time to invest in this field.

  Considering that the potential of most biotechnology companies does not lie in their current income or valuation. The key is whether they will test positive for a potentially heavy drug, and then whether the US Food and Drug Administration will approve the sale of this drug. It is difficult to see this by looking for quantitative screening of companies with low valuations, or by ordinary Wall Street analysts who have been trained to read profit and loss statements and balance sheets.

  Andy Acker, the manager of the Janus Henderson Global Life Science Fund with the best performance, explained the importance of professional knowledge in this field: "There are 10 senior investment experts in our medical team, and their experience adds up to more than 140 years, including 3 doctors and 1 medical doctor. They are here to help us really distinguish between drugs that may be effective and drugs that may not be effective."

  Today, this kind of expertise is crucial. After two brutal years in this industry, the widely diversified Standard & Poor’s Biotechnology Exchange traded fund has dropped by more than 50% from the peak of $174 per share in February 2021 to $83 per share. Biotechnology declined in 2021, because after the coronavirus crisis in 2019 caused all health care stocks to soar in 2020, a large number of unstable biotechnology initial public offerings (IPOs) appeared and then collapsed. But the increase in interest rates in 2022 will only make things worse. Many biotechnology companies need to borrow money to maintain their research business during the drug development stage.

  But now, the valuation is very attractive, the interest rate may be close to the peak, and there are many opportunities-if you can find the right stock.

  Ake said: "Last year was a year of positive data, and this year may be a year of new product release." "The FDA has 75 new drugs waiting for approval. Therefore, this year may be the year with the largest number of new products approved in history, because the previous record was 59 drugs in 2018. "

  Aker mentioned Sarepta Therapeutics(SRPT), which has a gene therapy for muscular dystrophy, which is the first of its kind and is expected to be approved by the FDA in May this year. He said: "(muscular dystrophy) is a huge unmet medical need affecting children." "Patients usually get into wheelchairs in their teens and usually die in their 20s." The company’s share price has risen by 59% in the past 12 months, while SPDR Standard & Poor’s Biotechnology ETF has fallen by 8%.

  However, Aker is not willing to sound the alarm for the whole biotechnology field: in the biotechnology field, "90% of drugs that started clinical trials in humans eventually failed," he said.

  Prosperity and depression of biotechnology

  After two brutal years, small biotech stocks are about to recover.

  Skilled management and the wide dispersion of biotech stock returns are one of the reasons why AlphaCentric LifeSci Healthcare lost only 0.8% when the whole market collapsed in 2022. In 2023, the fund rose by 13%. Manager Mark Charest holds a doctorate in chemical biology from Harvard University and is the co-inventor of eight drug patents. His consulting firm LifeSci Fund Management is also a business subsidiary of LifeSci Partners, a biotechnology/pharmaceutical consulting group.

  A key driver of chararest’s outstanding performance is to know what kind of biotechnology companies big pharmaceutical companies want to acquire. He said that although he did not only consider mergers and acquisitions when investing, "in the past 30 mergers and acquisitions in the field of biotechnology, we have 16 cases with a turnover of more than 250 million US dollars."

  One company that chararest thinks has acquisition potential is BioCryst Pharmaceuticals(BCRX), which has already obtained approval for a drug to treat hereditary angioedema, a disease characterized by severe swelling. "(Biocryst) will earn more than $250 million this year," Charest said. He believes that the company already has a commercial product, and its share price is still very low after last year’s sell-off, which may lead to acquisition.

  Other health care managers believe that the acquisition will continue to boost the performance of the best small biotechnology companies, because the patents of many blockbuster drugs are about to expire, such as Humira, an anti-inflammatory drug from AbbVie, and keytruda, Merck’s best-selling anticancer drug. Kyle Rasbach, senior analyst of Eventide Healthcare and Life Sciences Fund (ETAHX), said: "The entire pharmaceutical industry is facing a large number of patent cliffs." "Therefore, the demand for innovation is very high."

  Eventide mainly focuses on small biotechnology companies. But most active fund managers like Aker also include other types of health care companies in their portfolios, such as insurance companies, medical equipment manufacturers and hospitals.

  Both strategies have advantages and disadvantages. In the past two years, diversified health care funds such as T. Rowe Price Health Sciences (PRHSX) of Janus and Health Science Opportunity of BlackRock (SHSAX) performed better than pure funds such as Eventide, Fidelity Select Biotechnology (FBI OX) and Franklin Biotechnology Discovery (FBDIX).

  Ziad Bari, the manager of the $15.4 billion T. Rowe Price Health Science Fund, invests about 30% in biotechnology in his portfolio, but more traditional pharmaceutical companies also have the same investment, accounting for 16%. He believes that the current valuation of biotechnology companies is "reasonable" and expects more M&A activities, but he said that it takes some "striking clinical trials and great commercial success to lead to a real bull market."

  When this happens, the small biotechnology fund will win again.

This article comes from: financial circles

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