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最早的时候,谷歌搜索的网址是挂在斯坦福大学的网站上的。谷歌的创始人拉里·佩奇和谢尔盖·布林在1997年发表的论文中说:

“我们认为由广告商来赞助搜索引擎,将会使得搜索引擎的返回结果受到广告商的需求的影响,从而偏离真正的用户需求。广告越多,搜索引擎的搜索质量就越差。正因为广告商的存在会极大影响搜索引擎的质量,我们相信我们的社会需要一个搜索质量优秀、排序公正透明、由学术界监督的搜索引擎。” source



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最早的时候,谷歌搜索的网址是挂在斯坦福大学的网站上的。谷歌的创始人拉里·佩奇和谢尔盖·布林在1997年发表的论文中说:

“我们认为由广告商来赞助搜索引擎,将会使得搜索引擎的返回结果受到广告商的需求的影响,从而偏离真正的用户需求。广告越多,搜索引擎的搜索质量就越差。正因为广告商的存在会极大影响搜索引擎的质量,我们相信我们的社会需要一个搜索质量优秀、排序公正透明、由学术界监督的搜索引擎。” source

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That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.

China’s stock markets are some of the largest in the world, with total market capitalization reaching RMB 79 trillion (US$12.2 trillion) in 2020. China’s stock markets are seen as a crucial tool for driving economic growth, in particular for financing the country’s rapidly growing high-tech sectors.Although traditionally closed off to overseas investors, China’s financial markets have gradually been loosening restrictions over the past couple of decades. At the same time, reforms have sought to make it easier for Chinese companies to list on onshore stock exchanges, and new programs have been launched in attempts to lure some of China’s most coveted overseas-listed companies back to the country.

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