How does the new crown pneumonia outbreak affect the capital market?

Benefit from short-term safety assets

How does the new crown pneumonia outbreak affect the capital market?
Benefit from short-term safety assets

What concept stock does antiviral drug launch benefit from?

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  Author unit: Haitong Macro First Financial is authorized to reprint from the WeChat public account “Jiang Chao Macro Bond Research”, which is abridged.

  Original title: How does the new crown pneumonia epidemic affect the capital market?

The impact of short-term safe assets benefit shocks may deepen, and risk assets are at risk.

  The epidemic situation of the new type of coronavirus pneumonia is grim, and we are confident to win the battle to prevent and control the epidemic.

But we must also think about what kind of impact this epidemic will have on the economy?

How will this shock be reflected in the capital market?

  SARS has not hindered the economic recovery, and the long-term impact is huge and limited. From an annual perspective, the impact of the SARS event has changed the upward trend of economic growth in 2003, and its impact on prices has been very mild.High inflation, large-scale assets performance in line with the characteristics of the economic cycle, the stock market returns are still considerable.

From the perspective of the front and back, the traces left by the impact of the SARS event are not obvious. In fact, it is the result of a faster recovery after the impact of the economy. If the observation angle is sunk and refined, the impact of the SARS event and the subsequent economyThe repair process will become more clear.

  The U-shaped trend of economic growth concentrated the impact for a quarter.

The annual economic growth in 2003 showed a clear “U-shaped” trend. The first quarter of the SARS epidemic spread in Guangdong, and its GDP growth rate for the quarter still reached 11.

A new high of 1%.

Instead of the impact of the model scenario on the economy began to appear in the second quarter, according to the preliminary calculations at that time, the GDP growth rate in the second quarter of 2003 was extended by more than three alternatives in the previous quarter.

With the solution of the epidemic situation, the economic growth rate in the third, fourth and second quarters rebounded rapidly. Although they did not exceed the period when the economy partially overlapped in the first quarter, they all exceeded the highest point of the quarterly GDP growth rate in 2002.

Therefore, it can be considered that the impact of the SARS epidemic on the economy was concentrated in the second quarter and then quickly repaired. This was only in response to the 2003 year GDP growth rate still reaching a record high in 8 years.

  From the SARS perspective: the impact of the impact may be deepened, and the risk of assets at risk will have an impact on the economy and the asset market.

  The short-term impact of new pneumonia, the growth has stabilized after the epidemic.

First of all, from the SARS experience, the epidemic event is a short-term shock and will not interrupt the medium-to-long-term trend of economic growth. The gradual economic growth trend in 2003 coincided with the trend of the quarter before the outbreak of the epidemic.
From this point of view, after the end of the new pneumonia epidemic, the medium-to-long-term economic growth characteristics will be similar to the fourth quarter of 2019 before the epidemic, while the economic growth rate of the fourth quarter of 2019 is stable at 6%, and the industrial growth rate has rebounded.The growth rate at the bottom of the recovery has been shown. Therefore, after the epidemic shock, the central and long-term economic growth center will advance to maintain stability.

  In addition, from the experience of the SARS period, the impact of the epidemic shock on prices is relatively limited and does not constitute a basis for high inflation. However, the increase in pork prices caused by the decrease in supply has pushed it to a higher level, overlapping the Spring Festival holiday.The concentration of goods brought about by the prevention and control of the new pneumonia epidemic may continue to remain high in the short term, leading to risks that still need to be vigilant.

  The impact of the epidemic has subsided and there will not be a strong lag effect.

How long will the outbreak last?

According to the experience during the SARS epidemic, the impact on the economy began before and after the policy overweight, and the impact on the economy ended with the epidemic basically showing that the number of confirmed cases has hardly increased, and of course, the number of suspected cases has been significantly reduced, andWill have a strong lag effect.

At present, it is difficult to accurately estimate when the new pneumonia epidemic has completely ended. According to our calculations, the epidemic is expected to reach its peak in early February. In this case, it should not develop into the second quarter of 2020.

If localities resume work smoothly after the holiday, the impact of the new pneumonia epidemic on the economy will be concentrated in the first quarter of 2020, especially in January and February.

  The short-term impact of the epidemic is likely to exceed SARS. The cycle and structure are different.

In the case of SARS, the impact of the new pneumonia epidemic on the economy may deepen.

By the time of the SARS epidemic in 2003, it was in the rising cycle of the economy, and the current transformation of the conditions of the factors, the economy is changing from high-speed growth to high-speed growth interval; instead, more importantly, the experience of the SARS period showsThe impact of the epidemic on the tertiary industry and consumption is relatively significant, and the current internal economic structure has been significantly different from that in 2003. The tertiary industry accounted for nearly 54% in 2019, compared with only 42% in 2003.Investment is the main driving force, and the contribution rate of consumption to economic growth in 2019 is almost double that of investment. Therefore, the short-term impact of the epidemic on the economy may be large.

  The rise of online consumer platforms has partially hedged the 武汉夜网论坛 epidemic.

Since the impact of the epidemic on the economy is mainly reflected in consumption, we must also note that the current consumption pattern is also very different from 2003.

Internet platforms represented by Taobao, JD.com, and Hungry? Are replacing the traditional offline sales channels. Online retail sales of physical goods have accounted for nearly one-fifth of the scale of retail sales of consumer goods. The 2003 SARS incident was virtually invisible.The development of these e-commerce platforms has been promoted. If these platforms can maintain non-snoring operations, and even maintain the level of 70% to 80% before the impact of the epidemic, then it can partially hedge the drag of the epidemic on consumption and even the economy.

  Express delivery supports online consumption and can maintain vibration or 杭州桑拿 shock absorption.

However, the role of the online retail platform depends on convenient logistics. Therefore, the performance of the transportation industry, especially the logistics industry, in the epidemic situation is particularly important.

Due to the isolation and control needed to prevent and control the new pneumonia epidemic, various levels of traffic control measures have also been introduced, and the current internal traffic conditions have been developed much earlier than the SARS period in 2003. The impact of the epidemic on the civil aviation and railway passenger transport industriesGreater impact possible.

If the express delivery business can keep running under the circumstances that the epidemic prevention and control allows, we can weave out some consumer networks and slow down the impact of the economy.  Monetary policy is moderately flexible and fiscal plays a role.

Since the benchmark is based on the SARS period, the impact of the epidemic on the economy may deepen, so how to choose the correct policy orientation?

  Basically, it is quite similar to that during the SARS epidemic. Although there are no signs of overlap in the current economy, the gradual level is affected by pork prices, and there is also upward pressure. Therefore, monetary policy should not be relaxed.The tools are quite abundant, and the policy means can also be more flexible, such as a small interest rate reduction in stages, and the reduction of LPR interest rates to reduce social financing costs.

  At the same time, we believe that fiscal policy can play a role. The 2003 budget actually adopted the method of “reducing income and reducing expenditures” and reduced the tax burden of certain industries. This is in line with our continuous active fiscal policy of reducing taxes and feesThe main idea is the same.

Under the impact of the new pneumonia epidemic, we can take advantage of the budget financing of government bonds to raise funds to further increase tax and fee reduction efforts.

  Short-term safety assets benefit, and risk assets are at risk.

Affected by the impact of the epidemic, in the short term, safe assets will benefit the most. For example, gold has increased by nearly 4% this year, and national debt has also increased significantly in the near future.

However, if we look back at the asset performance during the SARS period in 2003, it shows the characteristics of overlapping periods that are consistent with the economic cycle at that time, not caused by epidemic factors.

Then, after the end of the new pneumonia epidemic, the recovery of transfer demand will drive economic growth to stabilize and improve. Asset performance will show the characteristics of a recovery period. Equity assets are expected to recover lost ground. This also means that the current adjustment of risk assets is at risk.

Depth-Company-China Everbright Bank (601818): Outstanding fee income performance, operating income maintained rapid growth

Depth * Company * Everbright Bank (601818): Outstanding performance in fee income, operating income maintained rapid growth

Everbright Bank’s profit growth in the first half of the year was in line with expectations, fee income still maintained rapid growth ahead of its peers, stable interest margin performance, and stable and good asset quality.

Considering that the company’s fundamentals have improved significantly, the expansion of program fee income has expanded its competitive strength, and is lower than the industry average estimate, we maintain China Everbright Bank’s Buy rating.

Key points of the support level The rapid increase in revenue was in line with expectations, the performance of program fee income was bright, and the overall profit of the bank maintained a rapid increase. The net profit before provisioning in the first half of the year increased by 32.

0%, the growth rate fell 4 compared with the first quarter.

7 single, but the company’s credit cost in the second quarter fell 0 chain.

46 up to 1.

63%, supporting Everbright Bank’s first half net profit increased by 13.

1% from the previous quarter (+7.

5%, year-on-year) increased by 5.

6 units.

The company’s operating income has maintained rapid growth, with an annual increase of 26.

6%, a slight increase of 6 from the previous quarter.

Nine are single, one is because investment income has decreased by 36.

5%.

Second, net interest income was 51 from the first quarter.

The growth rate of 2% has improved, but in absolute terms, it still maintains a rapid growth, which is due to the reclassification of credit card installment income by China Everbright Bank, which has caused some disturbance.

In terms of fee income, after excluding credit card installments, it still achieved 21 in the first half of the year.

The annual increase of 7% is mainly due to the annual increase in bank card income28.

The 3% boost shows that China Everbright Bank leads the industry in competition in non-interest income growth.

At the end of the quarter, the scale of Everbright 厦门夜网 Bank’s assets increased by 2 compared with the previous quarter.

80%, of which loans increased by 3.

38%, credit was slightly replenished earlier in the first quarter, and loan extensions increased by 16.

4% (vs1 quarter, +18.

(9%, year-on-year), and its proportion in total assets stabilized at 54.

5%.

On the debt side, deposits maintained rapid growth, an increase of 4 from the previous quarter.

11%, an increase of 21 a year.

5%, the previous growth rate was unchanged from the first quarter.

The growth of structural deposits is mainly driven by regular periods, which has increased the proportion of deposits since the beginning of the year.

6%.

In terms of net interest margin, China Everbright Bank’s net interest margin was 2 in the first half of the year.

28%, a significant 48BP increase in advance, we must 北京桑拿洗浴保健 increase the disturbance of credit card installment reclassification.

We estimate that China Everbright Bank’s single quarter net interest margin in the second quarter was two.

27%, unchanged from the previous month. Although the return on the asset side decreased slightly by 3bp, the cost on the liability side also declined due to the slow explanation of the cost pressure from the industry. The net interest margin remained stable under the combined effect of the two negative segments.

Asset quality remained stable, and the provisioning base needed to be further reduced. Everbright Bank’s bad replacement in the second quarter1.

57%, a decrease of 2bp from the first quarter in the first quarter, and the proportion of attention-oriented loans in the second quarter decreased by 11BP to 2 in the initial period.

30%, the company’s asset quality remains stable.

We estimate the company’s annualized non-performing loan generation rate in the second quarter of the year1.60%, a decrease of 12bp from the previous quarter.

As of the end of the second quarter, China Everbright Bank had a loan / non-performing loan ratio overdue for more than 90 days at 88.

7%, serious adverse consequences, but an increase of 4.
.

6 units.

As of the end of the second quarter, the company’s provision coverage ratio and loan provision decreased by 66BP / 4BP to 178% / 2 from the previous quarter.

80%, the provision coverage ratio should be further improved to further enhance risk prevention capabilities.

It is estimated that we slightly raised China Everbright’s net profit growth rate to 11 in 19/20.

4% / 10.

1% (previous forecast was 8.

23% / 9.

27%), currently the PE corresponding to 2019/20 is 5.
.

23x / 4.

75x, PB is 0.

62×0.

57 times.

The main risks to the rating are lower than expected.

Tiantan Biological (600161) Annual Report 2018 and 2019 First Quarterly Commentary: Blood Products Maintain Steady Growth and Future Operational Efficiency Can Be Improved

Tiantan Biological (600161) Annual Report 2018 and 2019 First Quarterly Commentary: Blood Products Maintain Steady Growth and Future Operational Efficiency Can Be Improved

Investment Highlights Recently, the company released annual and quarterly reports. In 2018, the company achieved operating income of 29.

USD 3.1 billion, an annual increase of 18.

03%; net profit attributable to mother 5.

09 million yuan, an average of 56 in ten years.

57%, net of non-attributed net profit5.
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0.6 million yuan, an increase of 22 in ten years.

19%. The growth rate of non-homing net profit is faster than that of net profit. Mainly by the company in the same period of last year, the company transferred all the equity of the holders of the subsidiary’s preventive products business, Beisheng Research and Changchun Qijian, to achieve 7.

8.2 billion (before tax) investment income.

At the same time, a profit distribution plan is announced, and a cash dividend of 0 is proposed for every 10 shares.

5 yuan (including tax), 2 bonus shares.

In the first quarter of 2019, the company realized total operating income7.

0.6 million yuan, an increase of 27 in ten years.

49%; net profit attributable to mother 1.

31 ppm, an increase of 19 in ten years.

39%; net profit after deducting non-attribution is 1.

31 ppm, an increase of 21 in ten years.

57%.

Profit forecast and estimation level: The company’s annual pulp extraction volume, slurry volume, and sales revenue rank first in the country, and its scale advantage is obvious.

As the company’s pulp production continues to grow and sales channels continue to improve, it is expected that the company’s blood product business is expected to maintain steady growth in the future.

In addition, the future profitability of the three major blood products businesses is expected to bring flexibility.

The company’s EPS for 2019-2021 is expected to be 0.

71 yuan, 0.

85 yuan and 1.

02 yuan, corresponding to the closing price of PE on May 7 was 34 times, 28 times and 24 times respectively, maintaining the level of “prudent increase”.

Risk reminder: The amount of pulp extraction does not meet expectations; the risk of blood product price reduction; performance does not meet expectations

Shengyi Technology (600183) Q3 2019: 5G-driven high-frequency materials leader set sail

Shengyi Technology (600183) Q3 2019: 5G-driven high-frequency materials leader set sail

Net profit attributable to mothers in the third quarter4.

13 ‰, a year-on-year growth of 49%, in line with market expectations of 94 in the first three quarters.

7 billion, an increase of 6% in ten years, and net profit attributable to mothers10.

4.2 billion, an increase of 29% in ten years.

Q3 revenue was 34.

9.7 billion, an annual increase of 10%, revenue growth rate higher than in the first half of the year2.

85% growth rate; net profit attributable to mother 4.

1.3 billion, an increase of 49% in ten years.

The company’s net profit grew faster and faster than revenue growth, mainly due to the higher growth of high value-added products for 5G applications, driving the company’s gross profit margin and net profit rate to increase.

Gross margin for the first 3 quarters was 26.

81, increase by at least 6.

45pct, net interest rate 11.

85%, an increase of 2 per year.

29 points.

Q3 gross profit margin 28.

45%, an increase of 1 from the previous quarter.

31pct, net interest rate 12.

73%, an increase of 0 from the previous month.

05pct.

The company’s profitability has increased quarter by quarter.

The PCB business maintained better growth, and the high-frequency, high-speed, accelerated volume measurement company’s Q3 copper clad laminate and placement chip revenue was 20%.

6.8 billion, an annual increase of 9%, the company’s high-speed product Q3 single-quarter revenue has exceeded 1 billion, a rapid growth quarter-on-quarter.

Calculate Q3 revenue of PCB board business7.

16 ‰, a year-on-year growth of 24%, and a net interest rate of more than 15%.

Mainly due to the differences in manufacturing of 5G and high-end products, the expansion of the PCB unit price has improved, resulting in steady growth in revenue and outstanding performance, driving the company’s gross profit margin and profit.

The quarterly financial indicators performed well, and the growth of fixed assets was expected to be a new production capacity company Q3 ROE.

44%, an increase of 0 every year.

86pct, the company’s inventory turnover days were 75 days, an increase of 1 day from the previous month, and accounts receivable turnover days of 114 days, a decrease of 3 days from the previous 杭州夜生活网 month.

Operational indicators all performed better.

Fixed assets 43.

2.4 billion, an increase of 8 from the previous month.

5.5 billion, construction in progress 8.

4.2 billion, down 5 from the previous month.

57 billion, it is expected that the company is mainly due to the initial commissioning of the new production lines in Shaanxi and Jiujiang.

The leader of 5G high-frequency materials has started a new growth cycle. The company is given a “Buy” rating as a domestic-leading copper clad laminate company. The breakthrough in high-frequency products is a typical industrial upgrade. New products will greatly increase the company ‘s profitability. In the 5G eraThe company is no longer a simple gradual company, and the industrial upgrade has entered an accelerated growth period.

Estimated 2019-2020 net 杭州桑拿网 profit14.

48/18.

18 ppm, an increase of 45% and 26% per year, corresponding to PE37 / 30 times, giving a “buy” rating. Risks suggest that the PCB industry is weaker than expected

Chongqing Iron and Steel (601005): Double growth in output and revenue; raw material prices erode company profits

Chongqing Iron and Steel (601005): Double growth in output and revenue; raw material prices erode company profits
Event: On August 16, 2019, Chongqing Iron and Steel released its 2019 semi-annual report. The report consolidated and the company realized 114 operating income.84 ppm, a 10-year increase3.52%; net profit attributable to mother 6.1.6 billion, down 19 a year.19%; realized basic income of 0.07 yuan.  Opinion: The company has completed the adjustment of product structure, and the production and sales volume has reached the highest level in history.The company achieved iron, steel and volume of 298 in the first half of the year.42, 325.06 for the first time, 309.72 each year, at least 19 respectively.97 for the first time, 15.05 for the first time, 13.03 initial.Achieved 313 steel sales.22 initially, increasing by 18 each year.87 for the first time, the best level in history.In addition, through adjusting the product structure, the company’s sales ratio of bar and wire products in the first half of the year improved significantly compared with 2018.  The iron ore price rose too fast in the first half of the year, leading to a significant erosion effect on the company’s profits.In the steel production process, the cost of iron ore as a raw material accounts for 50% -55%.In the first half of 2019, because the price of iron ore rose unilaterally too fast, the price of tons of iron ore rose by more than 80%, so the company’s profits were eroded by about 3.6.7 billion.  Earnings forecast and rating: Based on the company’s existing share capital, we expect the company’s total diluted earnings for 2019-2021 to be 0 respectively.17 yuan, 0.22 yuan, 0.29 yuan, calculated based on the closing price of 2019-08-15, corresponding PE is 11 times, 8 times, 6 times respectively, maintaining the “overweight” level.  Risk factors: Sino-US trade friction brings domestic macroeconomic trends, steel product exports, uncertainty in energy prices and exchange rates; growth rate of fixed asset investment in the whole society continues to decline; backward production capacity such as strip steel 杭州桑拿网 resumes production; steel prices further decline; Chongqing will strengthen environmental protection in the future.

Internet Girl Chat Mentality Analysis

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Internet Girl Chat Mentality Analysis

The person who knows you best in your life may not be the one around you, and you may trust a stranger more.

Everyone has a natural desire to express, but it is just that they have not encountered the most suitable audience. The Internet provides such a best place.

No one knows who you are.

  In the late 1990s, the Internet has become a fashion.

If you have a certain level of knowledge and young people with a certain level of spending power, all of them have experience surfing the Internet.

  Many organizations have surveys of Internet users.

The ratio of male to female is 8: 2.

95% of the total education structure is college degree or above.

The age structure between the ages of 20 and 30 accounts for 60% of the total.

Girls between the ages of 20 and 25 make up 38% of the total in this age range.

And girls between the ages of 20 and 25 have 99% of the total in this range.

(It’s amazing, but it’s true!

) So what purpose did these girls come to chat with?

What did the online chat room give them?

Adjusted some contacts with some of the expected girls among them.

The courage to organize them can be summarized as follows: First, there are certain situations for the girls in the chat room who are distributed to the chat room: One is the young people of the telecommunications bureau. Most of them are well-educated, and the Internet is more convenient.Don’t be afraid that you don’t have time (they go to work to surf the Internet). These two problems that make Internet users the most headache are not a problem for them.

So they make up a large percentage.

But they did not gain much because of the randomness and convenience of the Internet, they did not cherish the opportunities of the Internet, and they were mostly young.

There are endless youths, so they constantly go up and down and slowly surround them.

  The other is students, some who have just graduated and some who are in school. They are all about 20 years old.

They are curious and confident in themselves.

They believe that the Internet can give them another life.

Most of them have not made boyfriends, or they have not reached the stage of love.

They come less often because of time and money.

But they cherish the opportunity online. They don’t have to get anything online. What they cherish is learning from friends they know online that they can’t learn elsewhere.

They make up a small percentage.

  The last one is a supplement other than the first two, which accounts for a small proportion.

Their purpose and background are not the focus of the old paragraph.

So I’m not going to elaborate, but there are so many people.

  Second, what are the girls chatting on the Internet?

How about they talk to someone?

The chat room is like a vegetable market. It has everything in it, depending on what you want. Girls who like to chat have to learn Wubi fonts, just like girls in life have long skirts, because they are in the chat room.When I enter the show, I always do n’t know who to talk to. I greet everyone with a smile. Girl, there ‘s always a boy to say hello, and then I ‘m slowly sophisticated and slowlyHold on to it, the name doesn’t sound good, and people who aren’t very familiar don’t even care. If you meet more than two acquaintances at the same time, they will do it at the same time.

I accidentally told the words to A. The people who listened to them were somehow asking what?

The girl said in his heart, “If you don’t understand, you just step on” and then be very careful.

  The most talked about topics are love and friendship.

There are many ways for different people.

Some are implicit.

Some enthusiasm.Some lively.

Some are shy.

Some are elegant.

Some are really connected.

Obviously a very quiet girl, online may be hot, full of tongues.

The girl with a round waist and a rough face exhaled like a blue orchid, sulky and slow.

The Internet is a stage for equality.

Everyone can go to the show if you want.

No matter what kind of person is sitting there, facing a 14 or 15 screen.

Trying to press the same keyboard.

So in a sense, the Internet is the most equal place in reality.

  Every girl knows that there is no Prince Charming online.

But the girls are too fanciful. She always imagines those boys with special names and wonderful subdivisions to be handsome.

They also knew it was illusory.

But they just love this illusion.

The process of chatting is a process of re-understanding others and yourself.

Many girls actually want to meet someone like the sister-in-law Cai when chatting.

They all hope to be able to speak with the imaginary person to publish a movie dialogue.

Winter skin care tips for different blood types_1

Winter skin care tips for different blood types

You can slim down according to different blood types, and the secret of makeup can be widely known. In fact, you can also skin care according to blood types!

Especially in winter, the effect of blood type skin care will be more obvious.

Come and see it together!

  A lady with anti-ageing and anti-stress is her mission. If she draws a portrait for a type A person, she will have to make up twice for a meal, and a long skirt lady who will put on a mask in public after an extra hour is her.

The pursuit of perfect personality will make her appear meticulously, but the key is to find the beauty of sweet and waxy for a long time.

  Type A personality traits: temperament is depression, and the attitude is very woman.

Usually multiple pessimistic, psychological fluctuations penetrate.

Little things will make her sleepless, but big things are coming, but she is unexpectedly calm and calm.

  Common skin care habits: Pay great attention to your female identity, and like to discuss skin care experience with people on the beauty forum.

The abundance of estrogen makes the skin of type A people delicate, white and tender, and the skin care program is always better.

  Hidden skin problems: the skin is prone to dryness and small fine lines; because it cannot release the pressure, it completely relaxes the mind, and the skin is prone to stress-type aging.

  Type B blood, sensitivity and weight loss are very bad. If you draw a portrait for type B people, it seems difficult to outline their outlines.

Favorite food will always “remember to lose weight tomorrow”, but Lotte is worried about looking for a dermatologist every year, soothing sensitivity and weight loss is the basis for them to remove childishness.

  Type B personality characteristics: The basic thinking mode is divergent, and the consistent mentality of children makes the mood change as fast as a thunder shower, crying, depressed, and soon it rains and clears, never worrying.

They love group action like “girls.”

  Common skin care habits: Type B people have a naive and pure “baby” face, with thin white skin and relatively thin cuticles. The skin state is like the type B people ‘s emotional changes.Appeared.

  Hidden skin problems: Skin is very sensitive to environmental stress, usually by food decompression, so they are the group who drink afternoon tea and supper most. If you add laziness to exercise, your bodybuilding plan will be abandoned.

  Mature type AB woman, who knows the skin details to achieve anti-aging eyesight. If you draw a portrait for type AB person, the mature psychological age is the summary.

Playing as a prozac of his girlfriends, he lingered in front of his own feelings.

The ostrich mentality will make her anti-debilitating upper-level predictability, and it will be easier to satisfy the skin weakness that is waiting to be broken.

  AB-type personality traits: Advocating “balance is reasonable” and habit of thinking in all aspects. Therefore, many times, it is peaceful, but it is passive, it has less consciousness to take the initiative, and it is highly possible to stick to the rules.

Temperament is mucous and is considered to be “a psychological age of 40 years in adulthood”.

  Common skin care habits: A well-thought-out mindset allows AB-type people to choose high-safety products in skin care products, like “all-in-one” for health care, and hope to wipe out all skin problems in one fell swoop.

Compared to other blood types, little attention is paid to small skin changes.

  Hidden skin problems: Because you only see the big changes in the overall face, you do n’t pay much attention to the changes in skin details, so AB people are not very sensitive to skin changes, but if you do n’t pay attention to the “downhill” bead horseTraces, the return of your skin must be “from quantitative change to qualitative change.”

  Type O blood, intensive repair activates the skin magically. If you make a portrait for type O people, they should be women who are as straight as men.

Speak frankly and personally, and be extremely confident in your choices.

It is also a person who loves skin care products at first sight and has a strong execution ability. Repairing skin will always be included in the most critical task box of more.

  O-type personality characteristics: the basic thinking mode of reasoning, making the temperament neutral.

The realistic and objective style of work makes people feel ruthless.

They are excellent people with disabilities and task management. They have always been full of people to do and date.

  Common skin care habits: You will fall in love with your favorite skin care products. If you don’t choose “sigh admiration”, you will continue to try it like a mouse, always looking for the one that suits you best.

  Hidden skin problems: The self-confidence of O-type people is also a double-edged sword. It is good to choose the right skin care products at the beginning, but I am afraid that I chose the wrong skin care products at the beginning.The best time to take care of your skin and make it a regular meal for O-type people.

Five strokes for bodybuilding, quietly becoming slim

Five strokes for bodybuilding, quietly becoming slim

Preparing posture: sit on the sofa or chair, lengthen and align, straighten your chest and abdomen, put your hands slightly behind the body, with your eyes looking forward.

  1.

Make the curve of the cephalic symptom soft and gentle: 4 shots down to restore, 4 shots down to restore.

Be sure to feel that the rehabilitation muscles are stretched. One complete movement is completed for one group and 2-4 groups.

  2.

Make the curve of chest and arm soft.

With two hands facing each other, push hard 20 times, then keep this action, count 10 beats, and restore.

  Action 2.

Breathe evenly, count 10 beats, and restore.

A complete movement is done for 1 group and 2-3 groups.

  3.

Tighten your abdomen and reduce your waistline.

Try to close your abdomen and take a deep breath while restoring.

  Action 2.

Press the left hand on the back of the right hand to insert the abdomen, and massage 10 times in a clockwise direction.

A complete movement is done for 1 group and 2-3 groups.
  4.

Tighten your thigh muscles and exercise your legs. 1.

Hook your toes, stretch your toes 10 times each, and circle 10 times inward and outward.

  Action 2.

Cross your legs up and down 10 times.

  Action 3.

Cross your legs and count 4 beats: open your legs, keep your movements, and you can’t bend when aiming, count 4 beats, and do it back and forth 8 times. A complete movement is done for 1 group and 2-3 groups.

  5,

To prevent excess meat, exercise buttocks and hips1.

Tighten the front and count 10 times silently; then press the counterclockwise and turn the crotch clockwise for 10 turns each.

  Action 2.

Push back and forth and do 20 reps.

A complete movement is done for 1 group and 1-2 groups.

Whitening and beauty-red date mushroom soup

Whitening and beauty-red date mushroom soup

[Raw materials]20 dried shiitake mushrooms, 8 red dates, cooking wine, refined salt, monosodium glutamate, ginger slices, and peanut oil.

  [Production]1.

Soak the dried shiitake mushrooms in warm water until soft, then wash the sediment with cool water; wash the red dates and remove the kernels.

  2.

In a covered stew pot, add clarified filtered fragrant shiitake mushroom water and add an appropriate amount of water, and then add shiitake mushrooms, red dates, refined salt, monosodium glutamate, cooking wine, ginger slices, a little cooked peanut oil, cover the cup lid, and steam for 1 hourRight and left, ready to eat.

  [Features]Smooth and palatable, sweet, salty, fragrant, spicy, continuous, but soft and fresh.

  [Explanation]Shiitake contains higher protein, sugar, vitamins, niacin, trace elements and various amino acids, enzymes, nucleic acids, etc.

Its nature is sweet and flat, it has the effect of strengthening the stomach and nourishing qi, nourishing and strengthening.

Nucleic acid substances can inhibit the increase of serum and plasma in the liver, prevent vascular sclerosis and lower blood pressure, and prevent disease and prevent aging.

The mushroom contains ergosterol, which can be converted into vitamin D after being absorbed by the human body, so it can be implanted with rickets and anemia, which is of great significance for bodybuilding.

Jujube is a well-known nourishing beauty food at home and abroad. It can replenish qi and nourish blood, nourish spleen and stomach.

Can treat spleen and stomach weakness, malnutrition, qi and blood supplementation and other symptoms caused by dry face, muscle skin disorders, qi and blood disorders.

Two indicators make up this indicator, it is a very good bodybuilding, anti-aging products, looks women with big hair and youth.

Half a year is the best time to treat cerebral palsy

Half a year is the best time to treat cerebral palsy

Cerebral palsy was discovered more than 20 years ago. The son of a film taken two years ago still had “atrophy of the cerebellum and the brain had calcification points”; two years later, the film appeared “large, no obvious abnormalities in the cerebellum”.

This incident occurred in a family named Zhou in the west of Hangzhou.

Zhou’s son, Xiao Zhou, started acupuncture treatment in May of the previous year. He applied more than 200 needles to the body twice a week.

After two years of treatment, Xiao Zhou’s brain returned to normal.

  ”In general, brain damage is irreversible, but this may not seem to be the case now.

“On Friday, Ruan Buqing, the chief physician of the Department of Acupuncture of the Provincial Tongde Hospital, told reporters that when he started acupuncture treatment for Xiao Zhou two years ago, he could not expect such an effect.

  The tip of the tongue, which is always in the mouth, can be imitated. “Did you take the wrong film?

When taking the son’s examination film from the doctor, Mr. Zhou’s first reaction was “wrong.”

  His son Xiao Zhou, the only child in his family, found cerebral palsy more than 20 years ago. The son who took a film two years ago was “Cerebellum atrophy, the brain has calcification points”, but now the film on hand tells him:No obvious abnormalities in the cerebellum. ”

  The doctor gave him a positive answer.

Hearing the news, Mr. Zhou, 60, said that his heart was almost out.

  The reporter met Mr. Zhou’s family in Dr. Ruan’s treatment room.

  Although it was the first time to meet, Xiao Zhou greeted reporters generously, making people feel extra outgoing.

  Mr. Zhou told reporters that every Friday, Xiao Zhou had to come for treatment. “Now the tongue is better, and it is smoother.

“Mother Zhou was surprised.

  Xiao Zhou immediately plasma tongue came.

Mother Zhou said that such a simple movement was a big problem for him in the past.

Because of the fracture, the tongue is always retracted in the mouth, and the tip of the tongue is not visible at all.

  Twice a week, more than 250 needles are put on the body each time. In May 2011, Xiao Zhou’s family found Dr. Ruan Buqing and started acupuncture treatment twice a week.

  Ruan Buqing told reporters that there are 365 acupoints commonly used on the human body. At most, he needs to put more than 250 needles on Xiao Zhou’s body, from the top of his head to the center of his feet, and the front of his chest and back are silver needles.

  Treatment begins with the back.

After the top spine had been fastened forty or fifty stitches, and then wrapped around the top of the head, chin, tongue, neck behind the ear . “He was very cooperative and relaxed, so he fell asleep soon.

According to Ruan Buqing, these needles were pulled out after half an hour.

  Ruan Buqing said that at present, cerebral palsy is treated by Western medicine through rehabilitation training. Besides traditional Chinese medicine, acupuncture is also a method.

More patients with cerebral palsy have limb disorders, and limb disharmony is mainly due to poor meridians, and acupuncture can pass through the meridians to promote blood circulation.

  Ruan Buqing is the eighth-generation descendant of Ruan’s Acupuncture. Before Xiao Zhou, too many patients with cerebral palsy came to him, but the children are usually before the age of 10, and the oldest is not 15 years old.

  At first, Ruan Buqing didn’t expect this result, and he was also very surprised when he found that Xiao Zhou’s brain lesions disappeared.

  Whether a miracle can be replicated in others, it is difficult to say whether such a miracle can be replicated in others, it is difficult to say.

Ruan Buqing said, “In general, the earlier the treatment of cerebral palsy, the better, the brain is not yet fully developed, and the brain tissue is highly plastic. Rehabilitation can stimulate potential brain cells.

“Xiao Zhou is an exception, both in terms of age and treatment.

  Ruan Buqing said that Xiao Zhou’s condition is not the most serious. Among the patients he contacts, he is medium. The most important thing is that his coordination is particularly good.

  ”Compared to younger patients, he has no resistance to emotional touch and can fully enter the state during treatment.

Ruan Buqing speculated that this is one of the key factors affecting the treatment effect.

  Li Haifeng, deputy chief physician of the Department of Rehabilitation, Zhejiang Medical College, told reporters that he has also encountered such imaging changes, but most of them are children. For 30-year-old adults, it is a bit incredible.

  ”In general, the chance of calcifications disappearing is very small; if there is a mild brain atrophy, early intervention during infancy and the chances of recovery are high.

Li Haifeng said.

  The baby is about half a year old and has stunting to check whether he has cerebral palsy. Li Haifeng summarizes the factors that cause cerebral palsy into three categories: prenatal, perinatal, and postnatal.

  Prenatal factors are related to the mother. Smoking, alcohol and drug use increase the risk of cerebral palsy in the baby; perinatal factors, including premature birth, low birth weight infants or gigantic infants are at high risk.  After the baby is born, if there are problems such as neonatal seizures, aspiration pneumonia, intracranial hemorrhage, etc., it may also cause cerebral palsy.

  ”Cerebral palsy is not incurable.

Li Haifeng said that prevention can start with the first two factors, strengthen health care during pregnancy and perinatal period, and avoid various harmful factors to damage evolution.

  Li Haifeng said that for high-risk groups, early intervention can reduce the incidence of cerebral palsy.

  Normal children usually “look up in 3 months, sit in 6 months, and climb in 8 months”, And delay the child’s best treatment time.

  ”Half-year-old children are the best time for treatment. If they can intervene early, cerebral palsy is not irreversible.

Li Haifeng said that for many children, rehabilitation is a long battle, but insisting on treatment, many children can live as normal people when they grow up.