[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-JP2020052722183667418":3,"related-JP2020052722183667418":31},{"pageSize":4,"id":5,"productLine":6,"status":7,"articleCode":8,"articleType":9,"showStyle":7,"mediaType":10,"fileInputUrl":11,"articleTitle":12,"coverImage":13,"listImage":14,"introduction":15,"description":16,"nonVipDescription":11,"postTime":17,"viewTime":17,"sortNumber":18,"isFree":19,"isShowList":7,"isRecommend":19,"linkType":7,"isOriginal":6,"hasMiniUrl":19,"hasAdvertising":19,"updateBy":20,"createTime":21,"visitCount":22,"isLiked":19,"realSearch":23,"isRead":19,"productId":24,"isCollected":19,"collectCount":7,"vipExclusive":19,"allowComment":7,"style":25,"canCopy":19,"likeCount":7,"duration":19,"playStyle":7,"seoKeywords":26,"articleModuleVoList":27,"extendContentList":28,"noteCount":19,"categoryList":29,"dailyKeywordList":30},10,2381,"1",1,"JP2020052722183667418","1041018",3,"","为什么美团亏掉了17亿，股价反而大涨呢？","https:\u002F\u002Fimage.jane7.com\u002F3dbdd5bb-b689-4b38-95a0-4a20320a7c93.png","https:\u002F\u002Fimage.jane7.com\u002F7dce42ec-58f5-4147-9a45-1b0cce67b0d4.png","从基本面来看，美团的成长潜力确实值得期待，那么，我们可以买它的股票吗？一起来看看~","\u003Csection>\n \u003Csection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">前天晚上，美团公布了一季度业绩亏损超过2亿，股价却大涨窜到了138.9港币。美团继腾讯、阿里之后，正式加入了中国互联网企业的 \u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">千亿美元俱乐部\u003C\u002Fstrong>。看来每天点外卖的我们，又为大佬们贡献了一块砖。 \u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">接下来，我们聊三件事：\u003C\u002Fspan>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify;margin-left: 16px; margin-right: 16px;\">\u003Cbr>\u003C\u002Fp>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">1、外卖涨价了吗？\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">2、为什么仍有许多投资机构看好美团？\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">3、我们要投点吗，怎么投？\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">（例行声明：本文不含任何商业软性植入，亦不构成投资建议）\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Cp style=\"text-align:justify; margin: 0px 16px; padding: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgb(51, 51, 51); font-size: 17px; letter-spacing: 1px; white-space: normal; caret-color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: Optima-Regular, PingFangTC-light;\">\u003Cimg class=\"rich_pages\" src=\"https:\u002F\u002Fimage.jane7.com\u002F6269fc1e-bc7c-4c2a-8d30-475ddda82fe4.jpg\">\u003C\u002Fp>\n  \u003Cp>\u003Cbr>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify; margin: 0pt 16px; padding: 0px; max-width: 100%; clear: both; min-height: 1em; letter-spacing: 1px; white-space: normal; caret-color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); color: rgb(73, 73, 73); font-size: 11pt; line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: Optima-Regular, PingFangTC-light;\">\u003Cspan style=\"color: #000000;\">\u003Cstrong>\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">01 外卖涨价了吗？\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify; margin: 0pt 16px; padding: 0px; max-width: 100%; clear: both; min-height: 1em; letter-spacing: 1px; white-space: normal; caret-color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); color: rgb(73, 73, 73); font-size: 11pt; line-height: 1.7; box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: Optima-Regular, PingFangTC-light;\">\u003Cbr>\u003C\u002Fp>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">美团的业绩公告显示：\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Cblockquote style=\"margin: 1em 0px; padding: 4px 0px 0px 10px; border-left: 3px solid rgb(219, 219, 219); color: rgb(73, 73, 73); max-width: 100%; letter-spacing: 1px; text-align: justify; white-space: normal; caret-color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: Optima-Regular, PingFangTC-light;\">\n   \u003Csection>\n    \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">美团一季度营业收入为167.5亿元，同比减少12.6%；经营亏损为17.15亿元，同比增加31.6%。\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">每笔餐饮外卖业务订单的平均价值同比增长14.4%。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n   \u003C\u002Fsection>\n  \u003C\u002Fblockquote>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">有人问，是不是说明，我们在美团下的每笔订单，平均都多花了14块钱呢？\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">其实打开手机上的外卖APP比比价，你就会发现，自己常点的餐厅，价格并没有什么变化；甚至有一些，还推出了超大幅度的优惠套餐，来应对疫情带来的负面影响。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">不过，我也留意到一些有趣的变化：\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">比如，之前我为了尝鲜，点过一些小店铺的外卖，价格相对便宜；这次疫情之后，出于健康卫生的考虑，碰到需要点外卖的时候，\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">我一般都只选品牌、连锁的大餐厅了\u003C\u002Fstrong>；\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">再比如，前段时间朋友发了一个链接给我，「魔都米其林餐厅限时优惠合集」，许多高级餐厅都推出了七折甚至五折的套餐，原价人均七八百的套餐现在只要两三百。我们去吃了好几家，简直划算。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">关键是，\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">这些原本不屑于外卖业务的高级餐厅，一季度的业务都受到了极大影响，都纷纷下凡开始做外卖了\u003C\u002Fstrong>。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">所以，并不是外卖涨价了，而是我们选择的餐品、和可选择的餐厅，都更贵了。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify;margin-left: 16px; margin-right: 16px;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">用户更愿意选择贵一点、有保障的食物，更多高价餐厅加入外卖行列\u003C\u002Fstrong> \u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">，这两个因素叠加，这才是美团一季度业绩中所显示的客单价提升的原因。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Cp>\u003Cbr>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify; margin: 0pt 16px; padding: 0px; max-width: 100%; clear: both; min-height: 1em; letter-spacing: 1px; white-space: normal; caret-color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); color: rgb(73, 73, 73); font-size: 11pt; line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: Optima-Regular, PingFangTC-light;\">\u003Cspan style=\"font-size: 16px;\">\u003Cstrong>\u003Cspan style=\"color: rgb(0, 0, 0); caret-color: red; font-family: 微软雅黑, "Microsoft YaHei", sans-serif;\">02 高频刚需，流\u003C\u002Fspan>\u003Cspan style=\"caret-color: red; max-width: 100%; color: rgb(0, 0, 0); overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">量为王\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">不过也有人担心，原有的中小餐厅的外卖会不会被冷落，或者跟着提价，要是我们再也吃不上10几块钱的兰州拉面、千里香馄饨、黄焖鸡米饭，那可怎么办？毕竟人均四五十块以上的品牌外卖，并不是所有人都能承受得了的。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">这里给大家一个定心丸，不用太担心点外卖会变贵。因为客单价对于美团来说，\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">并不是最核心的赚钱驱动力。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify;margin-left: 16px; margin-right: 16px;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">*2019年外卖收入占美团总收入的56%，是美团的第一大核心业务。我们接下来的讨论，也仅针对外卖业务，暂不考虑其他。\u003C\u002Fspan> \u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">我们可以把美团外卖的赚钱逻辑简化为这样一个\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">「增长飞轮」。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify;margin-left: 16px; margin-right: 16px;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">-以用户流量吸引餐厅入驻；\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">-用户有更多选择，体验更好；\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">-向商家要求更多的折扣；\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">-用户花更少的钱，更愿意继续下单；\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">-进入新一轮的良性循环，平台的规模优势不断累加。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"background-color: rgb(255, 255, 255); letter-spacing: 1px; text-align: justify; caret-color: rgb(51, 51, 51); font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">     \u003C\u002Fspan>\u003Cimg height=\"auto\" width=\"auto\" class=\"\" src=\"https:\u002F\u002Fimage.jane7.com\u002Fcdd45b1e-5c2d-4fef-8202-2ae4878b4a51.jpg\">\u003Cspan style=\"background-color: rgb(255, 255, 255); letter-spacing: 1px; text-align: justify; caret-color: rgb(51, 51, 51); font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">      \u003C\u002Fspan>\u003C\u002Fp>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">所以，一切的起点是流量。\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">美团的商业传记《九败一胜》里，CEO王兴在内部分享时说，「帮商家宣传，节省下来的广告成本，一部分让利给消费者，一部分是商家的，剩下的就是我们的利益，这是美团赚钱的根本方式」。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">广告成本背后，就是平台的流量规模。外卖是一个典型的刚需高频服务，越多人、越多次打开和使用美团APP，甚至把点外卖变成一个「上瘾」行为，把用户粘在平台上，才能真正提升美团的商业价值。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">据说很多人都会在下单之前，比较一下美团和饿了么的价格，哪怕差一块钱，也会影响选择。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">写到这里，我也忍不住打开之前点过的餐厅，做个比较：\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Cp>\u003Cbr>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify; margin: 0px 16px; padding: 0px; max-width: 100%; clear: both; min-height: 1em; color: rgb(51, 51, 51); font-size: 17px; letter-spacing: 1px; white-space: normal; caret-color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); line-height: 2em; box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: Optima-Regular, PingFangTC-light;\">\u003Cimg class=\"rich_pages\" src=\"https:\u002F\u002Fimage.jane7.com\u002F413f8c75-cf36-472b-926e-3d1bbc0e98e5.jpg\">\u003C\u002Fp>\n  \u003Cp>\u003Cbr>\u003C\u002Fp>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">这家店看起来是在美团下单更划算，但饿了么的死忠粉毛毛酱说，那是因为我没有淘宝88VIP...\u003C\u002Fspan> \u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">无论如何，\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">选择点外卖的人越来越多、场景和可选品类越来越丰富、更多优质商户开通线上业务\u003C\u002Fstrong>，飞轮的每一个齿轮都在加速。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">至此我们也就能够理解，为什么业绩下滑、重回亏损的美团，会被大家看好，股价不断上涨了。毕竟，饭总是要吃的。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Cp>\u003Cbr>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; color: rgb(214, 168, 65); font-size: 14.6667px;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">03 线上消费指数基金开卖\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify;margin-left: 16px; margin-right: 16px;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">那么，美团这么厉害，可以买它的股票吗？\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"font-size: 16px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">从基本面来看，美团的成长潜力确实值得期待。\u003C\u002Fspan> \u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">不过，比起绕道去港股账户买个股，我更推荐另一个投资思路：\u003C\u002Fspan> \u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important; font-size: 16px;\">买有美团持仓的指数基金\u003C\u002Fstrong> \u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">这一波疫情之后，很多人更依赖于居家「懒」生活，线上买菜、点外卖、线上游戏、线上医疗等等，线上消费的内容一下子更多了，很多相关的上市公司都在这段时间逆势成长。美团，无疑是这一波的受益股之一。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">看准这个大趋势，中证指数在5月初的时候就出了两只线上消费主题指数。其中一只就是从沪港深三地市场选取50只主营业务涉及线上购物、快递物流、影视娱乐、网络游戏、视频直播、在线教育等领域的上市公司股票，所编制成的指数。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">最新的十大权重股中，名列第一位的就是美团点评。这只指数在刚刚上市的时候，第一位权重还是腾讯，\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">一个月不到的时间，美团基本面的优势已经让它成为指数中最青睐的个股了\u003C\u002Fstrong>。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cimg class=\"rich_pages\" src=\"https:\u002F\u002Fimage.jane7.com\u002Fa5c22232-cb17-4821-bca6-7e6cd0673317.jpg\">\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Cp style=\"text-align:justify;margin-left: 16px; margin-right: 16px;\">\u003Cbr>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">我查了一下，一家头部基金公司，已经推出相关的指数基金了：\u003C\u002Fspan>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify;margin-left: 16px; margin-right: 16px;\">\u003Cbr>\u003C\u002Fp>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">中金沪港深起来优选消费50A（008519）\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">中金沪港深优选消费50C（008520）\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cbr> \n  \u003C\u002Fsection>\n  \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">下周一（6月1日）可以开始申购，有兴趣的朋友可以关注。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify;margin-left: 16px; margin-right: 16px;\">\u003Cbr>\u003C\u002Fp>\n  \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">顺便说一下，这类沪港深基金虽然有港股的成分，但和以往不同，并不占用基金公司的外汇额度，所以不会存在因为额度限制而无法申购的情况。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003Csection>\n   \u003Cp style=\"margin: 0px; padding: 0px; max-width: 100%; color: rgb(43, 40, 40); font-size: 16px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">而且，申购、赎回所需要的时间也会大大缩短，和普通股票基金所需要的流程时间基本一致，不用像QDII基金一样，等待好几个工作日才能交易成功。\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"margin: 0px; padding: 0px; max-width: 100%; color: rgb(43, 40, 40); font-size: 16px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">好了，先聊到这里吧~\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"margin: 0px; padding: 0px; max-width: 100%; color: rgb(43, 40, 40); font-size: 16px; box-sizing: border-box !important; overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n  \u003C\u002Fsection>\n  \u003Csection>\n   \u003Cp style=\"text-align:justify; margin-left: 16px; margin-right: 16px; line-height: 2em;\">\u003Cspan style=\"margin: 0px; padding: 0px; max-width: 100%; font-size: 16px; color: rgb(0, 0, 0); box-sizing: border-box !important; overflow-wrap: break-word !important; font-family: "Helvetica Neue", Helvetica, "Hiragino Sans GB", "Apple Color Emoji", "Emoji Symbols Font", "Segoe UI Symbol", Arial, sans-serif;\">\u003Cstrong style=\"margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box !important; overflow-wrap: break-word !important;\">最后还是要再提醒一下，所提及的基金属于偏股型高风险投资，请充分了解后谨慎决策。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n  \u003C\u002Fsection>\n \u003C\u002Fsection>\n\u003C\u002Fsection>","2020-05-27 22:18:39",100,0,"zhanglizi@jane7.com","2020-05-27 22:18:36",57,false,6868,"1038002","股票,A股",[],[],[],[],[32,44,53,61],{"pageSize":4,"articleWikiId":33,"wikiName":34,"articleCode":35,"locationType":36,"sortNumber":37,"articleTitle":38,"introduction":39,"coverImage":40,"likeCount":19,"realSearch":23,"createTime":41,"seoUrl":42,"seoKeywords":43},96,"股票投资","JP2020070918063923101",2,20200709,"大涨了！到底该不该卖出？5个关键与3点提示","涨了这么多，到底要不要卖？怎么卖？","https:\u002F\u002Fimage.jane7.com\u002F2f8ed97f-e41e-4780-8121-c50217f45bac.png","2020-07-09 18:06:39","https:\u002F\u002Fwww.jane7.com\u002Farticle-financing-JP2020070918063923101-96.html","牛市,大涨",{"pageSize":4,"articleWikiId":33,"wikiName":34,"articleCode":45,"locationType":36,"sortNumber":46,"articleTitle":47,"introduction":48,"coverImage":49,"likeCount":19,"realSearch":23,"createTime":50,"seoUrl":51,"seoKeywords":52},"JP2020070816580137460",20200708,"大盘上了3000点是什么意思，对投资有什么意义？","为什么一直以来，大家都习惯看“大盘”来炒股呢？","https:\u002F\u002Fimage.jane7.com\u002F66ef54c9-415c-4294-99d2-36d724935582.png","2020-07-08 16:58:01","https:\u002F\u002Fwww.jane7.com\u002Farticle-financing-JP2020070816580137460-96.html","A股,股票",{"pageSize":4,"articleWikiId":33,"wikiName":34,"articleCode":54,"locationType":36,"sortNumber":55,"articleTitle":56,"introduction":57,"coverImage":58,"likeCount":19,"realSearch":23,"createTime":59,"seoUrl":60,"seoKeywords":52},"JP2020070713263678092",20200707,"聊聊我所经历的2次牛市","说实话，看到热热闹闹的讨论，我的心情挺复杂的。","https:\u002F\u002Fimage.jane7.com\u002Fa8c844c6-0c60-4fad-8b0b-4f288be77497.png","2020-07-07 13:26:36","https:\u002F\u002Fwww.jane7.com\u002Farticle-financing-JP2020070713263678092-96.html",{"pageSize":4,"articleWikiId":33,"wikiName":34,"articleCode":62,"locationType":36,"sortNumber":55,"articleTitle":63,"introduction":64,"coverImage":65,"likeCount":19,"realSearch":23,"createTime":66,"seoUrl":67,"seoKeywords":26},"JP2020070712014267744","牛市来了没？3个指标教你判定","到底怎么判断牛市来没来？我总结了3个比较经典的指标，分享给你","https:\u002F\u002Fimage.jane7.com\u002F0db95dc4-2e04-46b6-acd7-b9de650a6954.png","2020-07-07 12:01:42","https:\u002F\u002Fwww.jane7.com\u002Farticle-financing-JP2020070712014267744-96.html"]