$创新科技 (C76.SG)$ 为姚先生加入董事会鼓掌。希望他能为这家生病的公司注入新的活力。我对公司规划一直持批判态度（可能要归因于董事会、管理层或者如今已经风光不再的CEO，仍然怀念其辉煌的过去）。在稳定前景的市场上实行集中策略是可以接受的，但是如果要花费10年时间并且采用史蒂夫·乔布斯式的产品开发方式，最终推出一个带有机器学习功能的X-Fi（似乎是一个迟到的模仿品但是缺乏可比较的易用性因素），对于持有方来说就太难以接受了。结果可能比Fitbit等品牌更糟糕，因为苹果、小米等品牌从多个方向向其带来阻力。如果运气好的话（就像Fitbit），也许还能以市场价格获得像谷歌这样的买家。它应该利用自身的核心优势和知识产权在不同领域和重点市场进行横向扩张，或者利用不断发展的新兴市场。佳明就是一个例子——重新定义自己并从GPS中获利。需要做一些事情来重新振兴品牌和产品线。如果不这样做，就连吸引新鲜血液加入公司以保持连续性都不可能，更不用说自然的流失。也许现在是时候重新洗牌董事会和管理层了……如果不行，就卖掉公司，如果投资者出价合适的话。

我的跳坏了

$富途控股 (FUTU.US)$the way People’s Daily uses the opinion section in its publication as a way of altering the behaviour of companies that she feels differ from their idealistic state is akin to direct market influence in a obliqued underhand way. I believe the publication knows it is the mouth piece of government and its influential position. Instead of using a direct approach of meetings and dialogues, it chose to use an opinion writing to voice its wants. How unorthodox a way of working? From the perspective of investment or trading of Chinese companies, it becomes a bit too difficult for foreign small investors to sniff out the happenings and thinking of Chinese authorities, even if their businesses are more than 50% outside China. What Futu should do is to dedicate its effort to provide differentiating info and knowledge to navigate the minefield of Chinese listed overseas. Otherwise it would be better to steer clear of them. Perhaps it would be better for these Chinese companies to list in just the China Stock Exchanges. At least if we want to touch them, we will choose our risk tolerance and attune our mindset to follow the market exuberance behaviour of the Chinese market participants accordingly. Just a lame lament and opinion to vent my disbelief.