盈透证券：爱彼迎上市首日翻倍是市场信心增强的标志

　　原文发表于美国时间2020-12-11

　　发生了什么事情？

　　爱彼迎（Airbnb）终于在周四登陆股市，投资者欣喜于这家共享房屋租赁公司的股价较发行价上涨了一倍多。

　　这意味着什么？

　　毫无疑问，疫情对旅行的遏制作用导致爱彼迎公司的日子十分艰难，不过该公司在最近一个季度实现盈利让每个人感到惊讶，爱彼迎做到这一点要归功于目前的“居家假期”。

　　实际上，部分爱彼迎员工的期权将在今年年底到期，这将让他们/她们辛苦获得的期权股票变得一钱不值，而爱彼迎认为现在是公开上市的时候了。爱彼迎的上市大获成功：该公司通过首次公开募股（IPO）募集了34亿美元，使得公司的估值升至470亿美元。爱彼迎的IPO不仅成为今年美国最大的IPO之一，同样较爱彼迎在今年4月份的180亿美元估值大幅增长。

　　为何值得关注？

　　对于市场而已：信心增强

　　爱彼迎在上市前夕两次上调其股票发行价，这意味着投资者对该公司以及旅游业的复苏充满信心。

　　投资者的这种信心可能会延伸到Booking.com和Expedia等旅游网站上，尤其在它们的股价较爱彼迎的股价更便宜的情况下。

　　更大的图景：英国打算对房东征税

　　共享经济在目前面临着越来越多的监管：英国在周三宣布将开始对爱彼迎的房东更加严格地征税。房东们并没有被爱彼迎雇佣，其收入也不够“增值税”的标准，这意味着在爱彼迎平台预订房间的游客们可以避免支付基本费用之外的20%税费。

　　不过，对于今年预算中有着5000亿美元赤字的英国政府而言，任何额外的收入均是有益的。

　　这篇文章已被翻译成中文。原英文作者Finimize。如英文版本和中文版本之间有任何不一致，以英文版本为准。该文章中的分析仅为提供信息，不是也不应该被视为推销或招揽购买任何证券。文章中讨论的一般市场活动、行业或领域趋势、或其它基于广泛的经济或政治条件的内容，不应被解释为研究结果或投资建议。讨论中提及包括的特定证券、商品、货币、或其它产品均不构成IB推荐购买，出售或持有此类投资的建议。本材料不是也不意图针对个别客户的特定财务条件、投资目标或要求。在根据本材料采取行动之前，您应该考虑是否适合您的具体情况，并在必要时寻求专业建议。

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