【Titanium Media Comprehensive】On April 21, Xiaohongshu was exposed to the news of layoffs, and the overall layoff ratio was as high as 20%, and many departments were affected.
According to a number of employees familiar with the matter, they were suddenly notified of last day that day, and there was no room for communication. Although the reasons for the HR notification are different, the compensation schemes of the laid-off Xiaohongshu employees are mostly the same: "N+1" compensation, there is no year-end bonus and performance bonus - Xiaohongshu generally issues a performance year-end bonus at the end of April every year. Some job seekers revealed that they had previously passed the interview of Xiaohongshu, and then they were suddenly told that there was no quota.
In this regard, Xiaohongshu operating enterprise - Xingyin Information Technology (Shanghai) Co., Ltd. responded to the "Shanghai Network Rumors" that the "overall layoffs" spread on the Internet were actually normal personnel replacement.
Xingyin Information Technology (Shanghai) Co., Ltd. explained that since March, Xiaohongshu has carried out annual performance appraisal work in accordance with the usual practice, and carried out normal personnel replacement based on the results of annual performance appraisal. The assessment is for all regular employees (including employees during the probation period), and employees with unqualified performance usually account for about 10%. There are about 200 employees who have negotiated the termination of labor relations due to unqualified performance, accounting for about 9% of the total number of employees, which is inconsistent with the proportion of "20%" in online messages.
The company also said that for the employees involved, the company is properly carrying out consultation work, conducting one-on-one communication, terminating the labor relationship with them through consultation in accordance with relevant laws and regulations such as the Labor Law, paying N+1 economic compensation, and doing a good job in protecting the rights and interests of employees. At present, the number of employees and business development of Xiaohongshu are generally stable.
Titanium media excerpt:
Under the zero-carbon financial system, the financial stock will change, because the price of high-carbon products will fall, the price of low-carbon products will rise, so the national balance sheet, the balance sheet of the enterprise, and the houses and stocks that everyone invests in will also change due to the change in the price of carbon valuation, and it is a huge and not easy thing for banks to help the financial transformation. This is a fundamental structural change, which I call a general change in the financial industry, is a complete fundamental change, so the financial industry is facing great challenges and great opportunities.
——Zhu Min, Dean of the National Institute of Financial Research, Tsinghua University
For achieving the double carbon target, it cannot be too fast, too slow, too violent, and too hot, which is a medium- and long-term goal. The realization of this goal is not to make each place and each industry set up its own set, but to make the efforts at all levels consistent with the overall goal of the country.
The decomposition of the double carbon target can seek the rationality of the target according to the sector, according to the locality, and according to the industry. There will also be some new problems in the process of goal dismantling, such as the sum of "small goals" can not reach the overall goal, and whether the decomposition is exactly in line with the roadmap and timetable, this error needs to be controlled within a reasonable range, and the whole must have an optimal model, that is, to establish an optimal incentive mechanism.
——Zhou Xiaochuan, President of the China Society of Finance and Finance
Domestic Companies:
The US SEC added 17 companies, including Ideal Automobile, to the "pre-delisting list"
On April 22, the U.S. Securities and Exchange Commission (SEC) added companies such as Ideal Automobile, Best Group and Shell to the "pre-delisted" list on the 21st local time, which is the fifth batch of Chinese stock companies included in the list since March. The specific list is: Zhihu, Novartis Furniture, LOVARRA, Wanchun Pharmaceutical, Luckin Coffee, Aurora, Scientific Energy, China Food, Value Exchange International, Zelsy Medical Group, Entrepreneur Universe Bright Group, Zhongbi Energy, China Grid Carrier Line, AMTD International, Best Group, Ideal Auto and Shell. The SEC claims that the deadline for the 17 companies to submit their defenses is May 12, local time.
It will be officially listed on the Hong Kong Stock Exchange today
April 22 news, know that today will be officially listed on the Hong Kong Stock Exchange, the issue price of 32.06 Hong Kong dollars / share, on the 21st its dark market has been broken, once fell nearly 22%.
Chengtong Yau has joined Tsinghua full-time
On April 21, Yau Chengtong, the first Chinese winner of the Fields Medal, was appointed as a chair professor at Tsinghua University. It is reported that Yau Chengtong has retired from Harvard University. With the addition of Yau Chengtong, Tsinghua has gathered three "first Chinese winners" of the world's top science awards: Mr. Yang Zhenning, the first Chinese Nobel Prize winner, Mr. Yao Zhizhi, the first Chinese Turing Award winner, and Mr. Yau Chengtong, the first Chinese Fields Medal winner.
Byte's Watermelon Video sued Tencent for infringement, claiming 8 million yuan
On April 21, due to the unauthorized release of a large number of WeChat public accounts of the pirated full film of the movie "My Hometown and Me" and "My Father and Me", Watermelon Video sued Tencent for copyright infringement and unfair competition, claiming 8 million yuan. The complaint alleges that Watermelon Video enjoys the exclusive broadcast rights of the two films involved in the case. The case has been accepted by the Intellectual Property Court of Hainan Free Trade Port and has not yet been heard.
The net profit of the three major operators in the first quarter was 37.5 billion, and the 5G package users were 849 million
April 21 news, the three major telecom operators in the first quarter of the performance of the release. The combined net profit of the three companies was 37.4 billion yuan, and as of the end of the first quarter, 5G package users were 84.9 billion. Judging from the first quarter results of the three companies, China Mobile's revenue growth was the fastest, at 14.6%; while China Unicom's profit growth exceeded 20%, the fastest of the three.
Qutoutiao will stop the service and maintenance of the self-media creation platform from June 30
On April 21, 2022, Qutoutiao issued a notice that the service and maintenance of the self-media creation platform will be stopped from June 30, 2022; and the content portal will be uploaded offline on April 21, 2022, and the published content will be calculated based on exposure. It is understood that Qutoutiao is an App developed by Shanghai Jifen Culture Communication Co., Ltd., which was launched in June 2016, with entertainment and life information as the main content. In September 2018, Qutoutiao landed on the NASDAQ exchange, becoming the first stock of mobile content aggregation.
A number of stock banks have reduced the interest rate of 3-year large certificates of deposit, as low as 2.9%
April 21 news, since this month, a number of joint-stock banks have generally reduced the interest rate of 3-year large-denomination certificates of deposit, the lowest has dropped to 2.9%, lower than the time deposit interest rate in the same period, but the amount is generally relatively loose. Although the state-owned large banks still maintain the interest rate of 3.25%-3.35% of the 3-year large certificate of deposit, many large banks are currently tight. A person from a large state-owned bank said that the bank has no new quota at present, and only after the expiration of the existing large-amount certificate of deposit can the quota be released.
The net profit of CATL in 2021 increased by 185.34% year-on-year, and it is planned not to exceed 13 billion yuan to invest in the construction of a new energy battery industry base project
On April 21, CATL disclosed that in its 2021 annual report, the company achieved operating income of 130.356 billion yuan, an increase of 159.06% year-on-year; net profit of 15.931 billion yuan, an increase of 185.34% year-on-year. During the reporting period, the company achieved lithium-ion battery sales of 133.41GWh, an increase of 184.82% year-on-year, of which the power battery system sales of 116.71GWh, an increase of 162.56%. Announced on the same day, it is planned to invest in the construction of Xiamen Times New Energy Battery Industry Base Project in Xiamen City, Fujian Province, with a total investment of no more than 13 billion yuan, and the construction content is power battery system and energy storage system production line.
International Enterprises:
Musk has pledged equity financing for Twitter's proposed deal, which is currently expected to be about $21 billion
On April 21, Tesla CEO Musk said that according to the april 20-dated equity commitment letter, the pledge to provide equity financing for Twitter's proposed transaction is currently expected to be about $21 billion.
American Airlines' Q1 revenue recovered to 84% of the same period in 2019, and it is optimistic about the continued recovery trend
On April 21, American Airlines announced its financial results for the first quarter of 2022 ended March 31. Earnings reports showed that the company's first-quarter revenue was $8.899 billion, which was better than market expectations of $8.82 billion, equivalent to 84% of revenue in the same period of 2019, compared with $4.008 billion in the same period last year. Looking ahead, the company is optimistic about a continued recovery in the second quarter and beyond, expecting capacity to recover to 92%-94% in the same period in 2019 and revenue to grow by 6%-8% from the same period in 2019; the demand environment is strong, and based on current fuel price assumptions, it is expected to be profitable in the second quarter.
Amazon announced 37 new renewable energy projects worldwide
On April 21, Amazon announced the release of 37 new renewable energy projects around the world, pushing it to achieve its goal of 100% renewable energy in global infrastructure by 2025, five years ahead of the original 2030. The new projects, which include three new wind farms, 26 new solar farms, and eight new rooftop solar installations worldwide, will increase the total power generation of Amazon's global renewable energy projects by nearly 30 percent, from 12,200 MW to 15,700 MW. In China, Amazon has supported the landing of two renewable energy projects, including a 100 MW solar project in Shandong, which is expected to generate 128,000 MWh of clean energy per year after completion, and a 100 MW wind project in Jilin Province.
Japan's Mitsubishi Electric has pleaded guilty to its factory's fraud in transformer experiments for up to 40 years
On April 21, local time, Japan's Mitsubishi Electric admitted that the company's factory in Ako City, Hyogo Prefecture, had been cheating for 40 years in transformer experiments for power plants.
Policy Direction:
Liang Tao, vice chairman of the Banking and Insurance Regulatory Commission: We are ready to extend the tax extension to insurance, wealth management and pensions
On April 21, Liang Tao said at the sub-forum of the Boao Forum for Asia 2022 Annual Meeting that the "Opinions of the General Office of the State Council on Promoting the Development of Individual Pensions" landed, which played a huge role in promoting the development of the industry. Since 2018, the CBIRC has done a lot of pilot work. On the basis of the previous pilot, it is now ready to extend the tax extension to insurance, financial management, pension, and savings, all of which must be carried out through pension accounts. The next step is to prepare to launch a pilot project for personal old pensions.
Fang Xinghai: Regarding cross-border accounting supervision, "the negotiations are very smooth" and I am very confident that an agreement will be reached
On April 21, Fang Xinghai, vice chairman of the China Securities Regulatory Commission, responded to questions related to the accounting supervision of Chinese stocks at the sub-forum of the Boao Forum for Asia 2022 Annual Meeting, saying that the CSRC negotiation team and the US negotiation team were very smooth, once a week video, gradually landing the details, and was very confident that an agreement would be reached in the future, so that PCAOB could review it legally and reasonably. This uncertainty is believed to be removed soon.
Beijing affordable housing construction standards were introduced, the first mention of apartment-type rental housing, per capita is not less than 5 square meters
On April 21, the Beijing Municipal Housing and Construction Commission and the Beijing Municipal Planning and Self-Government Commission issued the "Guidelines for the Construction of Affordable Rental Housing in Beijing (Trial)", which put forward basic requirements for the overall planning, supporting facilities, single design, interior decoration and other aspects of affordable rental housing. The Guidelines require that the rental housing be mainly based on small apartments with a construction area of no more than 70 square meters, fully considering the new needs of families such as intergenerational and multi-child and age-appropriateness. The residential type vigorously advocates the design of multi-bedroom fine sets; the per capita use area of the dormitory type shall not be less than 4 square meters; the apartment type shall be suitable for 1 to 2 people in principle, and the per capita use area shall not be less than 5 square meters.
Stock Market Quotes:
The three major U.S. stock indexes closed down collectively, and popular Chinese stocks generally fell
On Thursday, the three major U.S. stock indexes opened high and went low, collectively closing lower, with the Dow down 1.05%, the S&P 500 down 1.47% and the Nasdaq down 2.07%. Big tech stocks fell, with Nvidia falling more than 6 percent, Amazon and Qualcomm falling more than 3 percent, and Google falling more than 2 percent. Precious metals, energy, oil and gas sectors generally fell, with U.S. energy falling more than 6 percent and gold mining falling more than 5 percent. Airline stocks rose against the market, with United Continental up more than 9 percent, American Airlines and JetBlue up more than 3 percent.
Popular Chinese stocks generally fell, iQiyi fell nearly 15%, Sohu fell nearly 10%, Leju fell more than 9%, Manbang fell nearly 9%, Ninth City, Tuya Intelligence, Mingchuang Excellent Product fell more than 8%, Shell, Kingsoft Cloud, Yunmi Technology, Uxin fell more than 7%, Pinduoduo, BOSS direct employment, Yixian E-commerce fell nearly 7%, Daily Excellent Fresh, Douyu, 21Vianet fell more than 6%, Gaotu fell nearly 6%, Bilibili, Baidu, Xunlei, JD.com, 36Kr, red, yellow and blue, Waterdrop Company fell more than 5%, NetEase Youdao, Happy Auto, Best Group fell nearly 5%, Huya, New Oriental, Tencent Music, Tiger Securities, Dada Group, Qutoutiao fell more than 4%, Alibaba and Huanju Group fell nearly 4%, Wuxin Technology, NetEase, Tuniu fell more than 3%, Ctrip and Cheetah Mobile fell more than 2%, Vipshop fell more than 3%, and Dingdong Grocery fell more than 2%. Among the new energy vehicle stocks, Faraday Future fell nearly 13%, Weilai Automobile fell more than 5%, and Ideal Automobile and Xiaopeng Automobile fell more than 4%.
other:
The first batch of digital yuan online loans landed in Qingdao
On April 21, the first batch of digital yuan online loans landed in Qingdao, which is the first time that the digital yuan has been applied in the closed-loop application of personal and public financing scenarios of financial institutions.
Ministry of Commerce: It is expected that consumption will continue to recover in the later period
On April 21, Gao Feng, spokesman of the Ministry of Commerce, said that since the beginning of this year, China's consumer market has generally shown a recovery and development trend. In the first quarter, the total retail sales of social consumer goods totaled 10.9 trillion yuan, an increase of 3.3% year-on-year; the contribution rate of final consumption expenditure to economic growth reached 69.4%, which is still the first driving force for China's economic growth. On the whole, the fundamentals of China's long-term economic improvement have not changed, and the characteristics of the consumer market with great potential and strong resilience have not changed. In view of the recent frequent sporadic outbreak of the new crown pneumonia epidemic in China, we will adhere to the people-centered approach and coordinate the prevention and control of the epidemic and economic and social development. With the gradual control of the impact of the epidemic and the implementation of various policies and measures to promote consumption, it is expected that consumption will continue to maintain a recovery trend in the later period.
Industry insiders: The shortage of Wi-Fi main chips in the second quarter is steadily improving
April 21 news, Wi-Fi main chip shortage abyss is expected to usher in the dawn in the second half of 2022, becoming one of the few good news in the market recently. Related players have pointed out that with the decline in demand for some applications, the original highly tight wafer capacity has a lot more space, so Wi-Fi chip companies have accelerated product production schedules and filled the previously owed order gap as much as possible. At present, the supply situation in the second quarter is stabilizing and improving, and the main chip industry and peripheral chip industry are optimistic about the second half of the year.