全球电信巨头重新排座 The global telecom giant to row seat

　　华为收入规模首超爱立信 Huawei income scale first super Ericsson

　　据《第一财经日报》报道，全球电信巨头的排名在刷新。前几年，大家在比赛谁增长得更快，而今天的电信行业，恐怕只能比较谁下滑更少。在这个过程中，华为第一次实现了“弯道超车”，在收入规模上超越爱立信。

According to《The first financial daily》report，The global telecom giant ranking in the refresh。Before a few years，Everyone in the game who growth faster，And today's telecoms industry，I'm afraid can only more who fell less。In this process，Huawei first realized“Corner overtaking”，In the income scale above the Ericsson。

　　日前，华为公布的2012年上半年业绩显示，销售收入1027亿元人民币，同比增长5.1%；营业利润87.9亿元人民币，营业利润率8.6%，营业利润环比上升20.3%，同比下降22.0%。如果按照目前的汇率计算，爱立信上半年收入约为975.2亿元人民币，不及华为的1027亿。

a，Huawei published in the first half of 2012 that performance，Sales income is 102.7 billion yuan RMB，Year-on-year growth of 5.1%；Operating profit is 8.79 billion yuan RMB，Operating margin of 8.6%，Operating profit up 20.3% month-on-month，22.0% year-on-year drop。If according to current exchange rates，In the first half of Ericsson revenue of about 97.52 billion yuan RMB，Not as good as huawei's 102.7 billion。

　　◎ 由于全球经济形势的不确定性，以及电信运营商缩减开支，全球电信设备商都在面临一个艰难时刻。华为有此业绩特别不容易。

Money as the global economic situation of uncertainties，And telecom operators cutting spending，A global telecommunications equipment providers in the face of a difficult time。Huawei has the special performance is not easy。

　　华为之所以能够实现“弯道超车”，主要是抓住了机遇。从2011年开始，华为从传统意义上的电信设备商开始转型，面向运营商的电信设备只是目前华为运营商BG(业务集团)的业务范畴，同时，华为大规模进入企业业务市场和终端市场。

Huawei is to be achieved“Corner overtaking”，Main is catching the opportunity。From 2011 to，Huawei from traditional telecom equipment business began to transformation，Facing the telecommunication equipment just at present operators huawei operators BG(Business group)Business category，At the same time，Huawei mass into enterprise business market and terminal market。

　股民诉黄光裕再开庭 People v represents the hearing again

　　内幕交易民事赔偿待破冰 Insider trading civil compensation to break the ice

　　据《每日经济新闻(博客,微博)》报道，7月24日上午9时30分，北京市第二中级人民法院开庭审理了中关村股民起诉黄光裕、杜鹃内幕交易赔偿纠纷案。原有的4名原告股民中2人撤诉，剩余两名原告的索赔金额已追加至736万元。

According to《Daily economic news(blog,Micro bo)》report，July 24, 9:00 am 30 points，Beijing no.2 intermediate people's court hearing in the zhongguancun people Sue represents、The cuckoo's compensation for insider trading。The original four the plaintiff people 2 people withdraw，Remaining two of the plaintiff's claim amount has additional to 7.36 million yuan。

　　◎ 在该案件之前，国内仅发生过两起内幕交易民事赔偿案。2008年9月，投资者陈宁丰诉天山股份(000877,股吧)原副总经理陈建良证券内幕交易纠纷案以原告撤诉而告终；2009年，投资者起诉大唐电信(600198,股吧)公司董事潘海深内幕交易民事赔偿案，原告最终败诉。由于前两个案例股民均未获赔，因此黄光裕内幕交易赔偿案被业内认为具有破冰意义，或创内幕交易民事赔偿先河。

In this case money before，Only happened two up domestic insider trading civil compensation。September 2008，Investors ChenNingFeng v. tianshan shares(000877,Shares it)Former deputy general manager, jiunn yi securities insider trading by the plaintiff's withdrawal and end；2009 years，Investors Sue datang telecom(600198,Shares it)The directors PanHaiShen insider trading civil compensation，The plaintiff eventually losing。Because the first two cases people are not HuoPei，So even though his insider trading compensation the thought to have broken ice significance，Or and insider trading civil compensation first。

　新东方遭集体诉讼 New Oriental was collective action

　　浑水或继续发布质疑报告 Muddy water or continue to question report released

　　据《新闻晚报》报道， 新东方与做空机构浑水公司(MuddyWatersResearch)之间的博弈还未结束。昨日，美国律师事务所GlancyBinkow GoldbergLLP又宣布，已经代表于2009年7月21日至2012年7月17日之间购入新东方美国存托凭证的所有个人或实体发起集体诉讼。目前，起诉书已经向加州中部地区法院递交。据悉，浑水或继续发布质疑报告

According to《Evening news》report， New Oriental and empty institutions do muddy water company(MuddyWatersResearch)The game between is not over。yesterday，American law firm GlancyBinkow GoldbergLLP also announced，Have representatives in July 21, 2009 to July 17, 2012 purchased between new Oriental adr all individuals or entities launch collective action。At present，The indictment to California's central district court has been submitted。It is reported，Muddy water or continue to question report released

　　◎ 这不是新东方第一次成为做空机构的猎物，俞敏洪已经公开表态称 “我会努力让股价涨回去”。但是，作为一家上市公司新东方应该能够接受市场的考验，尽管这种考虑有可能来自敌意或是恶意。

This is not the first time new Oriental money become empty institutions do the prey，Mr Yu has public comment says “I will try to make the stock rose back”。but，As a public company new Oriental should be able to take the test of the market，Although the consider likely from hostile or malicious。

　　麦当劳纯利跌4.5% McDonald's net profit fell 4.5%

　　百胜中国利润跌4% Yums China profits fell 4%

　　据《广州日报》报道，“洋快餐”麦当劳今年第二季季报显示，在第二季麦当劳全球可比收入增加3.7%，不过受全球经济放缓及美元汇率强势拖累，当季纯利按年跌4.5%至13.5亿美元，每股盈利1.32美元，低于市场预期1.37美元。百胜二季报显示中国市场营业利润下跌4%，利润率下降4.1%到15.6%。

According to《Guangzhou daily》report，“favored”McDonald's second something bright in newspaper showed this year，In the second quarter than McDonald's global income increased by 3.7%，But by the global economic slowdown and the dollar exchange rate strong drag，Net profit fell 4.5% to quarter to $1.35 billion，Earnings of $1.32 per share，Below market expectations of $1.37。Yums quarterly reports show that China market two operating profit fell 4%，A decline in margins of 4.1% to 15.6%。

　　◎ 洋快餐盈利下降在市场预料之中，全球经济疲软使得快餐消费下降。不过，在亚太中东非洲区，麦当劳可比收入增加0.9%，其中超值套餐推动了来自中国、澳大利亚市场的增长，日本市场却表现疲软。

Money drop in earnings favored market expected，Global economic weakness made fast food consumption decline。but，Middle East Africa in the Asia Pacific region，McDonald's comparable income increased by 0.9%，One special combo promoted from China、The Australian market growth，The Japanese market is weak。

　奢侈品在华销售首现负增长 Luxury sales in China first now negative growth

　　中国不再是避风港 China is no longer there

　　据《羊城晚报》报道，今年国内的奢侈品不再像往年一样有两位数增长，有的甚至同比下降。广州一家高端购物中心的负责人告诉羊城晚报记者。近日，多家奢侈品上市公司发布的财报均显示在华销售增速明显下滑。有机构甚至判断，30%左右的中国富豪将缩减购买奢侈品的开支。

According to《Yang cheng evening news》report，This year the luxuries like domestic no longer as ever have double-digit growth，Some even year-on-year drop。A high-end shopping center of guangzhou manager told the yangcheng evening news reporter。recently，Several luxury goods issued by the listed company earnings are displayed in China a significant slowdown in sales growth。Have institutions and even judgment，About 30% of China's richest would reduce buy luxury goods of spending。

　　◎ 目前奢侈品在中国的增长乏力还是受到全球性经济下滑的影响。今年以来明显感到奢侈品消费增长乏力，一方面海外市场和国内市场的价差比较大，分流了不少消费者前往海外购买。另一方面，从今年一季度开始，国内经济环境导致的消费疲软逐渐在高端消费品上显现。

At present in China's luxury money growth weakness or global economic downturn by the impact。Since this year obviously felt luxury consumption growth weakness，On the one hand overseas market and domestic market price is larger，A lot of consumer to shunt overseas purchase。On the other hand，From the first quarter of this year began，Domestic economic environment in a weak in high-end consumption gradually appeared on consumer goods。