[Beef onion siu Mai]_Homemade practice of beef onion siu Mai_Beef onion siu practice Daquan_How to do beef onion siu Mai

In the altar of the altar, there is no doubt that there is nothing to say about it, whether it ‘s a good thing or not, it ‘s a good idea.╛Jiang 倝 倝 娲 凕 鐑 у 崠 賠 庝 箞 锅?
鎹彲闈犳秷鎭姤閬擄紝寰堝浜哄凡缁忚鈥滄噿鈥濈檶缂犱笂銆傛墍璋撯€滄噿鈥濈檶锛屽叾瀹炲氨鏄寚鍥犱负鑷繁鐨勬噿鎯拌€屾児鏉ョ殑鐧岀棁锛屽叾涓渶涓烘槑鏄剧殑灏辨槸鑳冪檶銆傝儍鐧岀殑浜х敓锛屽熀The chain is very effective. It ‘s very effective. It ‘s a good idea. It ‘s not a good idea. It ‘s a double-difference method.紝灏辫鎴戞潵缁欏ぇ瀹惰涓€涓嬪浣曞仛濂界墰鑲夋磱钁辩儳鍗栥€?.灏嗛潰绮夊€掑叆閫傞噺鐨勫紑姘达紝鐢ㄧ瀛愭悈鎷屾垚闆墖鐘躲€?.12鐢ㄦ墜鎶婇潰绮夋弶鎴愬厜婊戠殑闈㈠洟锛岀洊涓婁繚椴滆啘閱掑崐灏忔椂锛屾弶闈㈡椂鍙厡鎯呭姞姘淬€?.21楗ч潰鐨勬椂鍊欏噯澶囧ソ鐗涜倝棣咃紝鍔犲叆閫傞噺鐩愩€佺敓鎶姐€侀浮绮俱€佺帀绫虫补4.The majestic altar is inlaid, and the mother is awkward: “Are you in a hurry?” “Are you a girl?”.灏嗘磱钁卞垏纰庯紝鎸ゅ幓姘村垎锛屽€掑叆鑲夐涓媽鍖€銆?.灏嗛啋濂界殑闈㈠洟鎼撴垚闀挎潯锛屾彧鍑哄潎鍖€鐨勫墏瀛愩€?.鎶婂墏瀛愬洟鍦嗭紝鎿€鎴愯嵎鍙惰竟鐨勭儳鍗栫毊銆?。灏嗛鏀惧湪鐨殑涓棿锛屾妸鐨敤铏庡彛杞昏交鏀舵嫝锛岀儳鍗栧氨鍖呭ソ浜嗐€?.灏嗙儳鍗栧叆閿呬腑鐏捀20鍒嗛挓銆傚钩鏃朵紤鎭殑鏃跺€欙紝涓嶈鑰佹槸鍚冨鍗栨垨鑰呭幓澶栭潰鍚冮キ锛屾瘯绔熺幇鍦ㄨ棰戝畨鍏ㄤ篃鏄竴涓潪甯稿ぇ鐨勯棶棰橈紝鑷繁鏍规嵁涓婇潰鐨勪粙缁嶏紝鑷繁鍔ㄦ墜鍋氫竴涓嬬墰鑲夋磱钁辩儳鍗?

[Homemade Breakfast Tomato Egg Cake]_How to make_How to make

[Homemade Breakfast Tomato Egg Cake]_How to make_How to make

Breakfast is the most important meal of the day. We need to eat more protein-containing foods such as milk and soy milk during breakfast. Many people have no habit of eating breakfast and are easily hungry. So everyone shouldEat breakfast.

For home-style breakfast, you can choose tomato omelet, which contains more vitamins, which is very good for beauty and protein supplement.

Home-made breakfast egg pie is a simple and easy-to-make homemade breakfast. The main ingredients are eggs, flour, chives, and different ingredients. You can make egg pie with different flavors, such as onion egg pie, leek egg pie, and mushroom egg pie.

Egg cakes are mainly popular in northern and eastern China. They can be seen everywhere in the streets and are the favorite among office workers.

Production method Method 1 Ingredients: Onion, diced ham, egg, salt and MSG. Step 1 Prepare the shallot and diced ham.


Eggs are salted and a small amount of MSG is broken.


Add chopped green onion and diced ham into the egg mixture.


Add the egg mixture to the flour and stir to make a paste (not too dry).


Add some oil to the pan and pour into the custard dough.


Turned over halfway.

Main types: Onion egg omelet, 2 eggs, 1 tsp of sweet potato powder, 4 grams of oil and salt, 2 grams of chicken essence, 5 g of 2 onion sweet potato powder, add water to make a paste, add two eggs, add green onion,Finally, add an appropriate amount of salt and chicken essence to taste and stir well; 3 Put some oil in the pot, pour in an appropriate amount of egg paste, spread out into a cake, and cook on both sides before serving.

Potato egg pie 1 potato 1, egg 1, salt, black pepper 2 Wash the potatoes, peel, cut and wire, put in the flour; beat the eggs, mix with a small amount of water, add a little salt and crushed black pepper to taste3 Pour in a small amount of oil to heat the pan, add the mixed potatoes, pour into a pan and spread into small pancakes, remove the golden sides.

1 egg burrito half bowl, 2 eggs, 4 grams of starch, white sesame, oil and salt.

2 Mix flour, water, starch, salt, and some oil, stir well; 3 Pour the oil into the pan, then pour the batter, spread with a spoon to form the crust, cover the egg liquid on the crust, and use the spoon to spread the egg liquidEvenly; 4 sprinkle onion, sesame and meat floss, roll up the cake when the egg liquid is about to solidify, fry it on low heat after rolling up, and cut into pieces before the egg rolls become golden.

1 bean curd cake with 3 spoons of flour, 2 flour, 2 eggs, leek, spring onion, oil.

2 Bean dregs, flour, eggs, leeks and shallots are mixed, add cold water and mix well to become a thin batter; 3 Put a little oil into the pan, spread some of the batter and flatten, and fry until golden on both sides, then you can make tomato egg cake 1 egg2, 50 grams of flour, 20 grams of rapeseed, oil, salt.

2 Eggs are broken into a bowl; tomatoes are boiled with water, peeled, and cut into small cubes; vegetables are washed and cut into small pieces; 3 eggs, flour, rapeseed, and tomatoes are all put in a bowl and stirred well; 4 pansPreheat, brush with oil, pour the batter on the pan, and fry the yellow on both sides to make 1000 grams of flour, 1 egg, 3 cucumbers, 1 cucumber, oil, and salt.

2Put the eggs into the flour; cut the cucumber into shreds; add some water to mix and stir all the ingredients, add a little salt to taste; 3 heat the pan and brush a small amount of cooking oil, take an appropriate amount of cucumber and egg batter into the pot, both sidesAfter frying until golden, just pan out; 4Find a round cylinder and knead the pie into small circles.

Celery Leaf Quiche 1 Celery leaf, flour, eggs, milk, oil, salt, chicken essence, pepper.

2 Soak and wash the celery leaves, cut into small pieces and put them in a small bowl. Beat in two eggs, add salt, pepper, a bag of milk, stir an appropriate amount of flour into a thin batter; 3 Put a small amount of oil in a pan and simmerSpoon the thin batter into it, lift the pan and shake well, and fry until golden on both sides; 4 Cut out various shapes with a biscuit mold and serve on the table, which is more popular with children.

Shiitake Omelet 1 flour, eggs, shiitake mushrooms, salt, spring onion, shrimp skin.

2 shredded shredded mushrooms; chopped shallots; shredded shrimp skins; beat eggs into a bowl, put an appropriate amount of flour into it, and stir in an appropriate amount of water; 3 chopped shredded mushrooms, add the shallots and shrimp skins to the bowl togetherAdd a small amount of salt to the medium and stir well; 4Pour a small amount of oil in a pan and fry on both sides until golden.

[How long will the scallops be steamed?

]_ Recommended diet

[How long will the scallops be steamed?

]_ Recommended diet

The method of making scallops is relatively simple. Everyone is familiar with garlic scallops, but we all know that making these foods must pay attention to the steps and the time and skill of cooking, so that it will have a better taste when it comes out.How long it takes to steam, in fact, it depends on the convention.

It is like the most convenient and simple way to steam scallops with garlic. After cleaning the scallops, remove the dirt and put them in the steamer to steam. Generally, it can be done by steaming for 3 to 5 minutes on a high heat.Shell, put the garlic on the plate and serve it out of the pan. For garlic, it is recommended to use the iron pan to tune the taste, as this will have a better taste.

In fact, the scallop’s dietary health care value is relatively high. As a shellfish mollusk, it contains substances that can reduce the effect of serum free radicals. It can inhibit the acceleration of cholesterol synthesis in the liver, excrete plasma, and it has good brain health.Efficacy, plasma cholesterol, calcium, can maintain brain function.

At the same time, scallop meat can also help us to strengthen the spleen and stomach. For those who have a weak temper, often have a loss of appetite and weakness, it is a good nourishing food, and it can also take advantage of the beauty and skin care effect because of its oxide vitamin eCan inhibit and delay skin aging, prevent the opportunity of pigments, and improve skin dryness and itching.

San Aifu (600636): Over 10 years of education informatization in Ovia has been leading the industry in 4K recording and broadcasting and a series of products

San Aifu (600636): Over 10 years of education informatization in Ovia has been leading the industry in 4K recording and broadcasting and a series of products

Acquired Ovia and entered the field of education informatization.

The company announced in 2016 that it planned to acquire 100% of Ovia’s equity with cash of 1.9 billion. The related transaction was completed in early 2018. The company’s business was changed to the dual main business of culture and education and fluorine chemical industry. Ovia was an education business.The main carrier.

In the first three quarters of 2018, the company achieved operating income13.

49 trillion, a reduction of 67 a year.

5%; net profit attributable to mother 5.

44 ppm, an increase of 350 per year.

6%; net profit after deduction is RMB 93合肥夜网.92 million, a decrease of 37 per year.


Of which, the wholly-owned subsidiary Ovia achieved operating income2.

50 ppm, a ten-year increase3.

45%; net profit attributable to mother 1.

24 ppm, an increase of 11 years.

56%, the education sector’s performance grew steadily, contributing to the main source of profit.

Policy dividends and the rise of Internet education are driving industry development.

1) In terms of policy, education informatization is a key means to solve the problem of imbalanced education resources. Since 2010, the state has issued a diversified policy to rapidly promote the construction of education informatization.

The “Operation Plan of Action 0” was issued, which is the latest signal released at the policy level regarding education informatization.

2) On the demand side, the continued 北京养生会所 growth of fiscal budget expenditure and the demand for value-added services on the C-side of education informatization drive the development of the industry.

Budget, the national fiscal education budget accounted for more than 4% of GDP for 6 consecutive years. It is estimated that the proportion of education informatization budget in education budget is not less than 8%. The budget of education informatization in 2017 is not less than 2731 trillion.In 2020, the budget for education informatization may reach 386 trillion; by 2020, the potential market size of the C-end of K12 education informatization is 212 billion.

Alvaia has been deeply involved in the field of education informatization for more than ten years. Three major advantages have helped the business to develop strongly.

1) Background of shareholders of central SOEs.

After the reorganization was completed, the company’s controlling shareholder was changed to China Wenfa, which is a specialized platform for the SASAC system to invest and operate in the cultural industry, and has a natural advantage in integrating high-quality assets in the industry.

Ovia has an endorsement by the central enterprises with the culture and education industry as its main business, which is conducive to integrating the resources of the education industry to expand the business of the culture and education sector.

2) Independent research and development strength.

Ovia ‘s main core products have been independently developed, and have a complete set of independent intellectual property rights for software and hardware products. Since the release of the distributed recording and broadcasting system in 2005, technology and products have continued to evolve, and they have pioneered the introduction of a number of innovative educational video recording and broadcasting.Products, the market share of education informatization recording and broadcasting products ranked first in 2017, with sufficient momentum for follow-up development.

3) Business model change, upgrade from “TO B” to “TO G”.

After dating the background shareholders of central SOEs, Ovia changed its role from the previous single recording and broadcasting supplier to the role of regional investment construction operator, and the client also changed from the previous school (to B) to the government (to G).

At the same time, Ovia actively cooperates with the Internet and emerging companies to promote the in-depth application of artificial intelligence technology in the field of education informatization.

Under the development plan of the ultra-high-definition video industry, Avia’s 4K recording and broadcasting technology and series of products will benefit.

The “Ultra HD Video Industry Development Action Plan (2019-2022)” on March 1 requires that by 2022, the overall size of the internal ultra HD video industry exceeds 4 trillion yuan, the 4K industry ecosystem is basically complete, and 8K key technology product research and developmentAnd breakthroughs in industrialization.

In 2018, Ovia developed and introduced the industry-leading 4K recording and broadcasting technology and normalized recording and broadcasting products, and launched a supporting 4K-SDI transmission method to solve the problem that 4K video cannot be transmitted over long distances.

At present, 4K products in the ultra-high-definition video industry have not yet been popularized, but there is an industrial basis. Under the development plan of the ultra-high-definition video industry, Ovia ‘s 4K-related audio and video technologies and series products have benefited.

Investment suggestion: A wholly-owned subsidiary, Ovia, has been deeply involved in the industry for many years. It is a leading company in the field of education informatization and has the largest market share of self-developed education recording and broadcasting products.Broadcasting supplier, transformed into a more comprehensive regional smart education overall solution provider; At the same time, Ovia has achieved a certain technological breakthrough in the field of 4K audio and video products and data transmission, is expected to achieve business expansion, and the momentum for subsequent development is sufficient.
Net profit of listed companies is expected to be 2 in 2019/2020.


RMB 860,000, EPS 0.


64 yuan, corresponding to 30/25 times the current budget PE.

Using the segment estimation method, we will give 35 times the target PE for education and cultural business and 15 times the target PE for fluorine chemical business in 2019, corresponding to a target price of 17.90 yuan, covering for the first time, give “Buy-A” rating.

Risk reminder: the competition in the industry is intensifying, the brain drain, the technology gradually exceeds expectations, and the risk of fluctuating fluorochemical product prices.

China Merchants Bank (600036): Technology helps light transition retail 3.

0 officially set sail

China Merchants Bank (600036): Technology helps light transition retail 3.

0 officially set sail

Event On March 23, China Merchants Bank released its 2018 annual report, in which revenue was extended by 12%.

52%, net profit attributable to mothers increased by 14 per year.


Brief Comment 1. The performance maintained high growth, ROE continued to rise 成都桑拿网 in 2018, and the company achieved operating income of 2485.

55 ppm, an increase of 12 in ten years.

52%; realized net profit attributable to mother 805.

60 ppm, an increase of 14 in ten years.


From the single quarter of the fourth quarter, Q4 revenue increased by 9 per year.

50%, down 7 from the third quarter.

55 singles; net profit attributable to mother increases by 16.

17%, continued to increase by 0 compared with the third quarter.

43 units.

In terms of revenue structure, net income is increasing by 10 per year.

72%, net non-interest income grows by 15 per year.

95%, higher than interest income.

But excluding the impact of the new financial instrument standards, the growth rate of non-indexed net income is only 4.


Profitability continues to rise.

The ROE initially attributable 深圳丝袜会所 to ordinary shareholders reached 16.

57%, an increase of 0 over the previous year.

03 averages; EPS is 3.

13 yuan, an increase of 12 over the previous year.


At the end of the year, the BVPS attributable to ordinary shareholders was 20.

07 yuan, up 13 from the beginning of the year.


2. In the fourth quarter, NIM increased by 12 BP from the previous month. The effect of multiple measures to alleviate negative pressure has been gradually improved, achieving a net interest income of 1603.

8.4 billion, an increase of 10 in ten years.

72%, accounting for 64% of revenue.

53%, a decrease of 1 from the previous year.

04 averages.

Among them, interest rate income increased by 11 every year.

94%, after excluding the impact of new financial instrument specifications, the growth rate is 14.

57%, mainly due to the increase in the scale of interest-earning assets, the continued optimization of the asset structure, the improvement of the risk pricing level, and the increase in the yield of interest-generating assets
Interest expenses increase by 13 per year.
77%, mainly from the increase in the scale of interest-bearing debt and the rigid increase in customer cost rates.

Pioneer, company NIM up to 2.

57%, an increase of 14 BP over the previous year.

Among them, the comprehensive yield of interest-earning assets increased by 28 BP compared with the previous year. The largest part of the contribution came from loans and advances. The average yield increased by 32 BP. Among them, the yield on retail loans increased by 25 And 22 BP.

The comprehensive cost ratio of the interest payment coefficient increased by 13 BP compared with the previous year. The most affected part came from customer deposits. The average cost ratio increased by 18 BP. In addition to the increase in scale, it also suffered from increased competition from the industry and increased customer deposit return requirementsinfluences.

For example, the cost ratio of regular corporate deposits increased by 29 BP, and fixed retail deposits increased by 63 BP.

In terms of single quarter pricing, NIM was 2 in the fourth quarter.

66%, an increase of 12 BP from the third quarter, interest-earning asset yields increased by 13 BP, and the cost of interest-bearing liabilities rose by only 1 BP from the previous quarter.

By improving the structure of assets and liabilities and raising the level of risk pricing, the effect of responding to the pressure of rejection of rising costs is very significant.

3. Intermediate business income is increasing every year.

85%, the growth in bank card business income has resisted the impact of wealth management business.

Initially, 881 non-interest net income was realized.

71 ppm, an increase of 15 in ten years.

95%, accounting for 35% of revenue.

47%, an increase of 1 over the previous year.

04 averages.

But more growth comes from non-interest income other than intermediate business.

Initially, net income from program fees and commissions was 664.

80 ppm, a 10-year increase3.


Among them, bank card fee income contributed the most, increasing by 27 each year.

16 ppm, an increase of 19.

38%, mainly from the credit card business; the settlement fee income from settlement procedures increases by 10 per year.

580,000 yuan, an increase of 11.

49%, mainly from the growth of electronic payment revenue; the growth of agency fund income and financing leasing, factoring business revenue growth and agency service fees, credit commitments and loan business commissions increased by 4 respectively.

35 billion and 4.

36 billion.

Except for this, fee income from custody and trustee services decreased by 18.

94 ppm, a decrease of 7.

50%, mainly due to factors such as new regulations on asset management, declining social financing demand, and lower interest rates. High-yield assets on the wealth management investment side have decreased, while the elasticity of the resistance factor has decreased.Fee income decreased accordingly.

Achieve other non-interest income 216.

91 ppm, an increase of 80 in ten years.


Mainly affected by the standard conversion of new financial instruments, investment income and net changes in fair value increased by 67, respectively.

2.7 billion and 10.

9.1 billion, an increase of 113 in ten years.

84% and 62.


4. The asset quality continued to be optimized, and the non-performing loans achieved a “double reduction”. Provisions were fully improved to improve the NPL ratio and non-performing balance to achieve a “double reduction.”
At the end of the year, the balance of non-performing loans was 536.
0.5 billion, down 37 from the beginning of the year.

880,000 yuan; non-performing assets

36%, an earlier decrease of 0.

25 averages, the lowest level since 2015.

The bad generation rate and the generated amount also achieved a “double reduction”.

Initially, 352 bad loans were newly generated.

78 ‰, a decrease of 12 per year.

5.9 billion, a decline of 3 every year.

45%; non-performing loans generate income1.

01%, a decrease of 0 from the previous year.

15 units.

The proportion of focus loans fell by 9 BP.

At the end of the year, the outstanding loan balance was 593.

29 ppm, a 10-year increase3.

72%; the proportion reaches 1.

51%, 9 blood pressure drops compared with the beginning of the year, and 1 blood pressure rise compared with the third quarter.

The proportion of loans overdue for more than 90 days dropped by 20 BP.

At the end of the year, the proportion of loans overdue for more than 90 days was 1.

08%, 20 blood pressure drops earlier, 7 blood pressure drops compared with the end of the third quarter.

The difference between the overdue 90-day loan and the non-performing loan is 78.

88%, a decrease of 0 from the beginning of the year.

73 units.

The adequacy of provisioning has improved significantly.

At the end of the year, provision was 1918.

950,000 yuan, an increase of 27 in ten years.

56%; provision coverage reached 358.

18%, an increase of 96 from the beginning of the year.

07 single; the loan-to-loan ratio is 4.

88%, an increase of 0 earlier.

66 units.

5. The proportion of retail loans increased, asset quality was further optimized, the customer base accelerated to increase the asset end, the proportion of retail loans increased, and asset quality was optimized.

At the end of the year, retail loans reached 2.

01 trillion, an annual increase of 12.

55%, faster than 5 for corporate loans.

93 units; retail loans accounted for 51.

09%, an increase of 1 from the beginning of the year.

01 percent, up 2 from the middle of the year.

85 units.

Structurally, the proportion of personal housing loans remains the highest at 46.
22%, followed by credit card loans (28.
64%) and small and micro loans (17.

45%), in terms of growth, credit card loans grew faster, reaching 17.

12%, small and micro loans and housing mortgage loans increased by 12 respectively.

09 and 11.


In terms of asset quality, the NPL ratio of retail loans decreased by 10 BP to 0 compared with the beginning of the year.

79%, of which small and micro loans improved the most significantly, the NPL ratio dropped by 43 BP to 1 earlier.

34%; the lowest personal housing loan non-performing rate is 0.

28%, an earlier decrease of 5 BP; credit card non-performing rate1.

11%, unchanged from the beginning of the year.

We expect the company’s retail NPL ratio to continue to decline in 2019.

On the debt side, retail customers AUM continued to grow, and the balance of retail deposits ranked first among stock banks.

At the end of 18, the company managed retail customers AUM of 6.

80 trillion, an increase of 10 in ten years.

35%; retail deposit balance reaches 1.

44 trillion yuan, ranking first among stock banks, with an annual increase of 16.

77%, significantly higher than corporate deposits (4.

11%), and the proportion of retail deposits also rose from the earlier period2.

58 up to 35.


Among the company’s retail deposits, the demand rate is 70.

56%, significantly higher than other banks in the retail transformation process, the first-mover advantage of the transformation is very obvious.

“300 million” retail customers are flying together, and the customer base is accelerating.

In 2018, the total number of corporate savings customers and retail customers reached 100 million and 1 respectively.

2.5 billion, up 17% and 17.

61%; “China Merchants Bank” and “Handheld Life” two major APP conversion users reached 1.

4.8 billion, an increase of 43%, of which MAU exceeded 81 million, an increase of 47.

twenty four%.

The number of corporate customers exceeded 1.8 million, an increase of 18%.

6. Significant progress has been made in the construction of a “fintech bank”. The company has continuously increased its investment in scientific and technological resources. In 2018, it invested 65 in information technology.

20,000 yuan, an increase of 35 in ten years.

17% is 2 of the company’s operating income.

78%, an increase of 0 every year.

46 units.

Gradually apply for 931 fintech innovation projects, of which 304 projects have been put into production, and the construction of “fintech banks” has made significant progress.

With retail MAU as an indicator, digital transformation has opened a new chapter.

In terms of scale, scenario-based development increases customer stickiness.

In 2018, the company’s two major APPs have become the main platforms for customer operations, with 27 of them.

11% and 44.
21% of traffic comes from non-financial services.
The scene expansion focuses on vertical segmented areas such as travel, meal and movie tickets, shopping malls, campuses, and medical care, covering scenes such as city buses, subways, and parking lots.

At the same time, digital operations improve efficiency.

In order to optimize the internal organizational structure and improve service quality and efficiency, the company established a network operation service center at the head office scale.

At the end of the year, the online business service center had 3.86 million online direct retail customers, and AUM, a direct customer, has grown for ten years.

84%, an increase of 7% over the total retail customer AUM.

49 percent.

In addition, the company carried out customer marketing through customer portrait tags, with a success rate of 17.

42%, initially started the personalized recommendation of “Thousands of People”.

In the future, the company will intensify its efforts to implement the strategy of “Best Commercial Bank in China with Innovation-Driven, Leading Retail, and Unique Features”, and accelerate the transition to “fintech banks”.

Specifically: the overall budget for the annual expenditure of FinTech is in principle not less than the audited operating income (group caliber) of the Bank in the previous year 3.

Among them, the budget of the “China Merchants Bank Fintech Innovation Project Fund” authorized by the board of directors is not less than 1% of the bank’s audited operating income (group caliber) in the previous year.

Therefore, the company will invest at least $ 8.7 billion in fintech in 2019, an increase of 33 compared to 18 years.


7. The “Light Bank” has achieved outstanding results and less pressure on capital replenishment.

At the end of the year, the company’s core Tier 1 capital adequacy ratio and Tier 1 capital adequacy ratio were 11 under the advanced method.

78% and 12.

62%, a decrease of 0 from the beginning of the year.

28 and 0.

40 per share, but the capital adequacy ratio increased by 0 compared with the beginning of the year.

20 averages reached 15.


Under the weighting method, the company’s core Tier 1 capital adequacy ratio, Tier 1 capital adequacy ratio, and capital adequacy ratio are 10 respectively.

31%, 11.

04% and 13.

06%, which rose by 0 earlier.

30, 0.

23 and 0.

40 units.

With the strengthening of financial supervision, the general business income growth rate has generally declined, and new asset investment has been concentrated in the form of the table, the company persists in advancing the “light banking” strategic layout, and the compound growth rate of net profit in the past two years is higher than the weightCompound risk growth of assets under risk law

69 units.

The company adheres to the principle of endogenous accumulation of capital, supplemented by external sources, and uses multiple channels and methods to raise capital sources.

According to the company’s capital planning goals, the core tier 1 capital adequacy ratio, tier 1 capital adequacy ratio and capital sufficiency target from 2019 to 2021 are 9, respectively.

5%, 10.

5% and 12.

5%, even considering the impact of the new asset management regulations and the “Guidelines on Improving the System’s Existing Financial Institutions’ Supervision”, it is expected that the planned goals will still be achieved.

8. Investment suggestions From the perspective of 2018 performance, the company mainly has the following highlights: First, revenue and net profit growth have maintained double-digit high growth, which is very rare among listed banks with net profits exceeding 10 billion, and this kind ofGrowing growth The performance of retail and fintech banking transformation is sustainable and sustainable.

Second, profitability advantages have increased.

The company’s ROE reached 16 in 18 years.
57%, which is significantly higher than other stock banks, and has increased by 0 compared with last year and last year.

03 averages.
Third, NIM picked up.

Through various measures such as the adjustment of asset and liability structure and the enhancement of risk pricing capabilities, the company’s NIM in the fourth quarter increased by 12 BP from the third quarter.

Fourth, asset quality continued to be optimized, and provisions were fully improved.

In particular, the non-performing ratio and non-performing loans achieved a “double reduction”. The proportion of attention-oriented loans and loans overdue for more than 90 days also declined.

Fifth, breakthroughs were made in the retail business to consolidate the first-mover advantage.

The proportion of corporate retail loans rose more than at the beginning.

01 average, the retail loan non-performing ratio also dropped by 10 BP.

In the process of retail transformation by various banks, the retail leader with first-mover advantage has accelerated the growth of its retail customer base. With the help of fintech, this first-mover advantage can be continuously consolidated.

In 19, the company will focus on retail transformation.

In Phase 0, under the traction of “mobile first” and “MAU North Star Indicators”, through the “China Merchants Bank” and “Handheld Life” dual-app APP strategy, it has continuously consolidated the retail customer base and systematically maintained a competitive advantage in the core business area.At the same time, it is fully moving towards the “APP era”.

Sixth, the application of fintech has accelerated, and digital transformation has achieved results.

The company benchmarked fintech companies and continued to increase its supplements to fintech, spending 65 in 2018.

20,000 yuan, an increase of 35 in ten years.


The application of fintech has been fully reflected in retail business and corporate business, but also in risk management and infrastructure construction.

The company’s current A-share and H-share PB estimates top the list of listed banks. We believe that the market’s estimates that it is significantly higher than other banks are reasonable. Behind this high forecast is “variety scarcity”.

From the perspective of financial fundamentals, excellent indicators in all aspects such as high ROE, high performance growth rate, high net interest margin, and low non-performing ratio are many factors that support the company’s “variety scarcity”; and the first-mover advantage of retail business and financialThe retail premium and fintech premium given to the company by the accumulation of technological strength are the intermediate factors that support the “variety scarcity” and also the source that guarantees the excellent fundamental indicators; and certain factors of “variety scarcity” come from the company’s “light”Culture” gene, entering retail transformation3.

After the 0th stage, the company’s “asset-light” goal has been basically realized, and it will be transformed into the power of fintech in the future. It will further push the strategy of “light banking” to make “asset-light” operations lighter and achieve “light management” and “light”Operation” to create a “light culture” of Internet elements in developing countries.

To sum up, we believe that China Merchants Bank has a “scarcity of varieties” in the industry and needs to be given a higher valuation.

我们预计公司19\20 年营业收入同比增长14.31%, 15.

30%, net profit attributable to mothers increased by 15 in ten years.

85%, 16.

94%, EPS is 3 respectively.

70 yuan, 4.

33 yuan, BVPS is 23.

64 yuan, 26.

23 yuan, the corresponding PE is 8.

74, 7.

48, the corresponding PB is 1.

37, 1.

twenty three.
Maintain “Buy” rating, six-month target price of 42 yuan, corresponding to 1.

8 times PB.

2nd Fund Scheduling Chart: The main net players across the 23.9 billion Longhu Rankings to grab 3 shares

2nd Fund Scheduling Chart: The main net players across the 23.9 billion Longhu Rankings to grab 3 shares

[2 Day Fund Plan Chart]Institutions with net funding of more than 天津夜网 23.9 billion on the Dragon Tiger Rankings grabbed 3 shares Source: Securities Times Network On July 2, the overall A-share market was mixed.

The final close, the Shanghai Composite Index closed at 3043.

94 points, down 0.

03%, SZSE Component Index closed at 9545.

52 points, up 0.

16%, the GEM index closed at 1,570.

51 points, up 0.


The total turnover of the two cities was 5,386.

8.5 billion yuan, a decrease of 754 from the previous trading day.

3.1 billion yuan.

  1 Two cities can replace 239 net funds for the whole day.

200 million main funds in Shanghai and Shenzhen today saw a net decrease of 148.

600 million, a net decrease of 6 in late trading.

9.5 billion yuan, the net replacement of capital in the two cities 239.

200 million yuan.

  2 Shanghai and Shenzhen 300 today ‘s net replacement of main 杭州夜生活网 funds to 68.

2.9 billion CSI 300 today ‘s net replacement of 68 main funds.

2.9 billion, a GEM net decrease of 48.

6.9 billion yuan, a small net reduction of 52.

4.8 billion yuan.

Shanghai Stock Connect decreased by 2.

7.8 billion yuan, the net inflow of Shenzhen Stock Connect 17.

6.9 billion yuan (here the China-Shanghai Stock Connect and Shenzhen Stock Connect net inflows are based on the amount used on the day, which is slightly different from the transaction net purchases, but the meaning is generally the same).

  3 Net inflow of agriculture, forestry, animal husbandry and fishing industry 4.

Among the first 28 Shenwan first-level industries of 2.6 billion, 5 industries achieved net capital inflows, of which 4 were inflows from the agriculture, forestry, animal husbandry and fishery industries.

2.6 billion.

  Four major consumption concepts

As for the 06 billion trillion US dollars in the concept sector, today ‘s large consumption, pig industry, small metals, brand leaders and other conceptual sectors showed a net inflow of funds, of which the concept of large consumption net inflows.

06 billion first.

  5 Zhengbang Technology’s main capital inflows 3.

4.1 billion (Note: The main force of net inflow statistics in this table is different from the net purchase statistics of the institutions in the previous table and the next table).The data on the list showed that the institution appeared 6 shares, 3 shares including Shanghai Electric Power Corporation showed net purchases, and 3 shares including Nebula shares showed net sales of institutional funds.

  7The top ten active stocks of Shanghai Stock Connect and Shenzhen Stock Connect today

Meditation and meditation

Meditation and meditation

Pali in meditation means “cultivation of the mind”, which is to cultivate the good state of the mind.

Meditation is an art. Through continuous training of the mind, it evokes a self-clear mind, relaxes the body, maintains alertness, is able to settle freely in a noisy environment, and confronts us with compassion.life!

  The yoga classic believes that: the human body is limited. Because of the needs of clothing, food, shelter, transportation, and desire, there is naturally pain and annoyance. This will make our inner world smaller and smaller, a pure littleMy status.

  But the root of the mind is “quiet”. Only by being quiet can wisdom and health and happiness come!

  There is a famous saying: “If the heart is unpretentious, it is natural joy. It is like the nature of water is transparent and clear unless it is stirred.

“In meditation, meditation is an important training method!

A master described meditation as “hanging the heart in the void and writing nothing.”

This is like comparing the heart in meditation to a pot of muddy water: the more people ignore or disturb it, the more the variables will settle to the bottom of the pot, and the natural and pure nature of water will appear.

The nature of the heart is also comparable.

Let it be, without change, it can find joy and clarity.

  By sitting still, by still life, this is the common method of practice!

  In meditation, breathing sustains each person’s life, and consciously observes his own breathing. There is no need to separate and study, but only to generate awareness and experience it carefully!

  When sitting for a long time, any pain, soreness, or warmth in the body is an experience, which obviously cares for your own heart, and tries not to be affected by the body.

  When practicing, it is best to choose the lotus sitting position (cross-seat). You can also sit on a single plate or simply sit with your hands under Dantian or insert your knees.

The back maintains a natural physiological curvature, eyes are slightly closed, and the tongue is against the palate.

Beginners have a constant focus on breathing in and out.

  I believe that with continuous inner training, our meditation power will be strengthened, and our inner peace will be comfortable. Gradually we will develop a balanced mentality that often feels happy, and the heart will no longer swing back and forth between the two poles of suffering and loss like a pendulum.

Six myths of rheumatoid arthritis

Six myths of rheumatoid arthritis

Patients with rheumatoid arthritis all have the same feeling, which is “pain.”

This kind of pain can easily cause patients to “lost their sensibility”, and they are always frantically seeking medical advice, hoping to completely get rid of this annoying pain.

But this thought of being stunned by pain can easily get patients into some misunderstandings, which is harmful and not beneficial for the treatment of rheumatoid arthritis!

Let’s take a look at the six most common misunderstandings of patients with rheumatoid arthritis!

  In the current situation, rheumatoid arthritis cannot be completely cured. The doctor’s treatment can only prevent joint destruction and protect the existing functions of the joint, which can improve the quality of life of patients.

Many patients do not understand this, and seek medical advice everywhere, resulting in a variety of misunderstandings: Misunderstanding 1: Rheumatoid rheumatoid arthritis, nine out of ten will be disabled.

  Indeed, for some very severe rheumatoid patients, or patients who do not adhere to distance treatment, it can lead to joint deformities and hypofunction.

However, for most patients, if they can catch the time of one or two years from the beginning of the onset and take distance treatment to control the disease, severe deformities can be completely avoided, and patients can maintain a better quality of life.

Even a few patients with severe joint deformities can be treated with surgery.

Whether the disability is abolished depends on the severity of the disease itself, and whether or not to adhere to distance treatment plays a very important role.

  Myth 2: Take the same medicine every time, just buy it yourself.

  Come to the hospital to follow, not just to buy medicine.

The doctor will observe the changes in the patient’s condition and see if any adverse reactions to the drug appear. If necessary, a check will be performed to determine the adjustment of the drug and the increase or decrease of the dose.

  Myth 3: Rheumatoid arthritis is not curable.

  In recent years, the rapid development of rheumatology has improved the therapeutic effect of rheumatoid and other rheumatoid diseases. As long as early diagnosis can be made, and timely and positive comprehensive treatment measures can be given, the condition can be improved, stabilized or relieved, and the quality of life can be improved.

Otherwise, if pole treatment is eliminated and distance treatment is not carried out, it may develop into severe disability or cause serious complications and death.

  Myth 4: Routine use of hormones for rheumatoid arthritis.

  Rheumatoid application of hormones does not prevent the pathological process of arthritis from continuing to develop. It does not have a therapeutic effect, but can only temporarily control symptoms.

Long-term use or improper use will bring many adverse reactions, which are even more harmful to the human body than rheumatoid itself.

  Misunderstanding 5: Western medicine for rheumatoid arthritis can only “treat the symptoms”, and Chinese medicine can “treat the root cause.”

  Western medicine and traditional Chinese medicine have their own strengths in treating rheumatoid arthritis. The most important deformation of rheumatoid arthritis is bone and joint erosion and disability. A large number of clinical studies have found that some traditional Chinese medicine can control the progress of the disease and prevent the “root cure” of erosion.Effect; but some western medicine also have a “remove effect” to prevent bone and joint erosion.

  Myth 6: Chinese medicine has no intermediates.

  This understanding is wrong, in fact, “every medicine is toxic”, regardless of traditional Chinese medicine and western medicine, but the relative replacement of traditional Chinese medicine is the opposite. If the medicine can be taken under the guidance of a doctor, its safety is guaranteedof.
It is worth noting that some rivers and lakes medical doctors use the psychology of patients to confuse patients with so-called family secret recipes and special recipes. There are many people who are fooled. As a result, they spend unjust money and delay the treatment of the disease.

Therefore, if you suspect that you have rheumatoid arthritis, you should go to a distance hospital for treatment, and it is best to go to a rheumatologist for examination and treatment.

  The full text of this article “Clinical 440 Questions for Patients with Common Rheumatism” is published by China Traditional Chinese Medicine Press, edited by Lou Yuzheng and Li Saocheng. The final interpretation right belongs to the original author.

Psychological mystery of rubbing hands


Psychological mystery of rubbing hands

In life, seemingly subtle actions are often the easiest to “sell” us.

Like rubbing our palms and clinking the copper coins in our pockets, all of them reveal our inner thoughts.

  First, rub the palm of the hand. When the child sees his mother pushing a car from the supermarket, he is likely to rub the palm and make the gesture of expectation.

Or, a 60-year-old company president is presiding over an important meeting. At this moment, the secretary sends a note. After reading, he stands up and rubs his hands, saying, “Dear, we have reached a contract with a huge company amount.

“In the videotape of the negotiation, someone rubbed his hands quickly, as if expecting something.

At the beginning of the negotiation, some people saw that this gesture was very difficult, and they would immediately pause and ask the other party if they had other arrangements in advance.

His smile will tell you that his hand rubbing motion only convinced us that he knew and liked what was coming.

People often wash their hands and rub their hands before performing this activity.

Unless he has a cold hand, he is suggesting an interest in that activity.

Maybe this is why the gambler always rubs his hands before rolling the dice.

  Another stance is a sudden bad mood, which is to slowly rub your wet hands with a cloth.

This gesture is not an expression of self-confidence, but it seems to be nervous and upset.

Many people dry their sweaty hands on something when they are nervous.

Men usually use pants, and women often use handkerchiefs or toilet paper.

Testifying in court, newcomers giving speeches or athletes waiting to play, often made some gesture to wipe off the sweat on the palm.

  Second, ringing the copper plate in the pocket. Dr. Sanderman observed that people who often jingle the copper plate in the pocket are either very meaningful or short of money.

Anyone who arrives at the Las Vegas seat must remember playing dice, slot machines or other gambling equipment. The copper plates in their pockets always jingle.

  One of our friends is a producer of a film company. He is always used to ringing the copper plates in his pants pockets. When you ask him why he did this, his answer is: “Remind me when I had no money.

“Did you notice how the beggar walked past you, he always jingled the money in the tin can, indicating that they needed the money.

Service staff who live on tips often seem to ring coins as a means of passing information to guests.

  Third, the gesture of pressing your middle finger on your index finger with crossed fingers can return to our childhood.

Young children often cross their fingers when they tell an insignificant lie to their parents, or when they are looking for good luck.

  In his “The Habits of Speech and Posture”, Dr. Sander Federman pointed out that it was “a magical, avoiding evil attitude, regardless of whether the evil is born of the heart or foreign.

“A friend travelled by plane to transfer at an airport that is known for being always late. He crossed his fingers and said to others,” Maybe you can catch the transfer plane.

“In business or social situations, this attitude is more common than we know, it is often very secretive, and it soon separates after splitting.

In many stressful situations, this attitude was photographed.

When a party makes a request or request, they slightly cross their fingers and express their hope that his wishes will be recognized.

  In certain countries, the gesture of crossed fingers indicates that they are very close.

In the United States, two fingers are joined together without crossing, and they say, “We are so close.

Traditional Chinese Medicine Nourishing Kidney and Pregnancy

Traditional Chinese Medicine Nourishing Kidney and Pregnancy

Traditional Chinese medicine assisted pregnancy has been recorded since ancient times. In addition to medication, in fact, food can also be used to increase the chance of pregnancy.

Here are three dishes to help pregnancy in three Chinese medicine recipes: Kidney: In the theory of traditional Chinese medicine, the kidney is the innate foundation, and the kidney controls reproduction. If the function of the kidney is damaged, it will affect pregnancy and even cause infertilityOr abortion.

  Therapeutic formula: fried chicken with chives Ingredients: 500 grams of chives, 100 grams of chicken, 15 grams of shrimp.

  Method: Wash the leek, cut into small pieces, heat the pan, add an appropriate amount of cooking oil, fry the leek, chicken and shrimp together, and add a small amount of salt.

  Efficacy: warm kidney and liver.

  Spleen: This is the day after tomorrow. The blood is not enough to support the fetus.

Therefore, spleen deficiency can cause infertility or miscarriage after pregnancy.

  Recipe: Lentil porridge Ingredients: 150 grams of rice, 100 grams of lentils.

  Method: Wash the rice and lentils, boil the water on high heat, add lentils and rice, boil, and then cook over low heat until the lentils are cooked.

  Efficacy: Spleen and dampness.

  Liver: Same as kidney, lack of liver blood, or poor blood circulation will also affect pregnancy.

  Therapeutic formula: porcine liver mung bean porridge Ingredients: 100 grams of fresh pork liver 100 grams of mung beans 60 grams of rice.

  Method: Wash the mung beans and rice and add them to the pot. Add water to a boil and change to a low heat. Slowly boil. When the eighth is ripe, cut the pork liver into strips and put it in the porridge.
  Efficacy: nourishing liver and nourishing blood.