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When it comes to money management there are an abundance of investing theories that can be put into practice. The old rule of thumb is that investors should hold a mixture of equities and bonds typically in the ratio of 60:40. Younger investors may want a higher weighting of equities in their portfolios as they can afford to take greater risks. Then, the closer one gets to retirement, there should be a gradual shift towards bonds which are generally considered to be less volatile than equities over time. This strategy has worked out well over the past seventy years or so. But will it continue to provide a decent income in retirement? There are many experienced investors who worry that it won't. And who can blame them when both bonds and many global stock indices are trading around all-time highs, and offering precious few opportunities to buy on dips?To get more news about samtradefx, you can visit wikifx.com official website.
Changing emphasis
When it comes to constructing a traditional portfolio, managers often concentrate on specific countries, or sectors, that they feel could outperform. Ten to fifteen years ago, many funds were recommending overexposure to Brazil, Russia, India, and China, known as the BRICs. A few years later and growth stocks were the order of the day. And they still are as a small group of US tech giants, namely Apple, Amazon, Alphabet, Microsoft, Tesla, and Facebook, continue to dominate and outperform the rest of the market. But experience shows us that what may have worked well in the past may not do as well in the future. Consequently, money managers are on the constant look-out for alternative ways to construct a portfolio. This is where thematic investing comes in. But what is it?
Structural trends
Thematic investing doesn't confine itself by concentrating exposure to a particular country or sector. Instead, it seeks to identify long-term structural trends which could have a transformative effect on global economies. These trends tend to be most powerful where new innovations prove to be highly disruptive and thereby provide significant growth potential. Current opportunities can be found in technologies that look likely to frame our future world. Such areas include robotics, alternative energy, battery technology, fintech, future mobility, autonomous technology, cybersecurity, infrastructure, education, and healthcare, including key societal changes such as ageing and our response to it. As these trends develop, they become increasingly important drivers of earnings and equity returns.
Investors traditionally have limited exposure to these themes as part of a portfolio's growth allocation. But thematic investing allows for specific themes to be more precisely targeted. While this can result in a riskier portfolio as the holdings will be concentrated around that specific theme, they are becoming increasingly popular. Funds in thematic schemes have more than tripled to $595 billion from $174 billion three years ago. For some, that suggests that new money is going to be too late to the party. Yet many portfolio managers still consider thematic investing to be in its early stages.
Constructing a thematic portfolio
The big issue for a manager of a thematic fund is how to construct a portfolio. Do you keep it as diverse as possible, thereby reducing your risk should a certain trend fail to pan out? Or do you focus on a specific theme, thereby increasing your profit potential should you pick a winner, but also boosting your risk? Obviously, the skill, or luck, is in identifying which technologies will triumph over others and become the dominant force. For instance, solar, wind, geothermal and tidal power are all alternative energies that have the potential to replace fossil fuels completely in the future. Some thematic investors would put together a portfolio that includes companies operating in all these sectors. Others may look to concentrate in a particular field. Obviously, the less diverse the portfolio, the higher the risk. But the returns will also be much larger by successfully backing one technology over another. Consequently, there's the obvious temptation to back a single industry within the overall theme. But what if that doesn't work out? What if all these alternative energies get swept aside, or even just marginalised, by breakthroughs in other technologies, such nuclear fusion?
Stock picking?
Typically, there could be many companies working towards the same objective, but in different ways. Not all will thrive, or even survive. Therefore, it is vital to carry out your own research and find out as much as possible about the management, as well as the corporate financials. This may sound like something an individual investor may be able to do themselves. After all, what's the difference from share picking? But the truth is that many of these new technologies are being worked on by young companies that have not gone public. This can make it quite difficult to investigate them thoroughly. It also makes it particularly difficult to invest in them. For the best opportunities you need to get exposure to private markets. A thematic fund can do this while most private investors can't. But make sure you think laterally as well. After all, it could be that there are publicly quoted companies that have direct exposure to particular thematic trends. For instance, consider businesses that provide vital equipment and infrastructure to these companies. This could be a safer alternative particularly if the provider covers several different sectors.
Global trading platform S.A.M. Trade today unveils a new logo, mission, and identity to reflect the platform's transformation since its founding in 2015.To get more news about cointrader, you can visit wikifx.com official website.
"S.A.M.," as showcased in the brand new logo, stands for Synergy, Adaptability and Motivation, and represents the guiding principles behind the platform's success. Synergy, as the platform's cross-business teams' effective communication and teamwork has allowed it to leverage its diversity to create a unified organisation greater than the sum of its parts. Adaptability, as the platform has kept pace with the changing times. Last but not least, Motivation, as the platform's purpose to grow, as individuals and as a team, has empowered its team of like-minded, determined professionals to continue to enable clients' success as well as each other's success.
In addition to that, S.A.M. Trade reaffirms its strong commitment to its clients in this rebrand with its new mission, "A Brokerage That Makes Your Priorities Ours". Being traders themselves, the founders and partners of S.A.M. Trade understand the importance of safe, easy and low-cost access to financial markets for its users.
Chief Executive Officer of S.A.M. Trade, Mr Sam Goh said, "We are very excited to unveil our new refreshed visual and platform identity. This marks a significant milestone for S.A.M. Trade, with our new identity signifying the successes that S.A.M. Trade has achieved over the last few years, through continuously developing and innovating our technology and suite of services. Synergy, Adaptability, and Motivation will continue to drive S.A.M. Trade onward, as we strive to serve our clients with ever-better seamless trading experiences."
The rebrand of S.A.M. Trade follows several new developments by the platform to enhance its product offerings and brand presence globally. This includes SamAideTM, which provides robust fund security for traders. The platform's signature technology, CopySamTM that allows its clients to trade like top traders, also won "Best Forex Copy Trading Platform - Asia" at the Global Forex Awards 2021. In addition, S.A.M. Trade has also strengthened its brand with its strategic expansion into the wider European market, having signed sponsorships with two football clubs, Cardiff City FC and Valencia Club de Fútbol.
One thing I've always wanted to change about WoW is the idea that certain classes can only be played by specific races. If someone wants to play a Draenei Rogue or Druid, let them. If you've always wanted to play a Tauren Warlock, or an Orc Paladin, or a Gnome who is a Shaman, I don't see why the game should be making that decision for you. Yes, I understand the lore of World of Warcraft has an influence on this, but if we were playing a tabletop RPG, you'd be able to house rule the game so your friend could play that Undead Druid - why not just let people play the class they want? The game's been around since 2oo4 - it will turn 18 this year - so I'd say it's time we let it grow up a little and remove that class restriction.To get more news about Buy World of Warcraft Gold WLK, you can visit lootwowgold.com official website.
That's one way I would change the game's class system, but it's not the only way I would do so. I'd also like to add in the system coming to Diablo Immortal where instead of having to roll a new alt to experience another class, you could simply go into a city and change your character's class. I think Liz Patt was spot on when she said more games should embrace this, and I absolutely believe that it should come to World of Warcraft as soon as is feasible.
I'd also like it if we had a few more classes, as ridiculous as that may sound. I think some classes like Warriors, Priests, and Druids (especially Druids) are trying to do too much and could benefit from being split up into separate classes. Warriors could easily be broken up into Gladiators, Champions, and Barbarians - Gladiators taking aspects of the weapon mastery angle that originally dominated Arms Warriors, Champions becoming tanks and rallying points, and Barbarians specializing in being huge woad-stained maniacs with giant weapons. Priests could divide into Clerical healers and Psionics who can control minds, plus Shadow wielders as their own unique class.
Before I even understood how computers worked, I was playing World of Warcraft. The Burning Crusade, the game's first expansion, had just launched and I was on my way to Hellfire Peninsula as a clueless little tauren warrior. I wanted to see what was new, and had been waiting an excruciatingly long time to get to level 58 in order to enter the new zone.To get more news about Buy World of Warcraft Gold WLK, you can visit lootwow.com official website.
The Dark Portal, your doorway into the unknown, was planted in The Blasted Lands, a zone that was still kind of scary as a high-level character. You had to sneak past demons with big axes to get to the stone steps that led into the portal. The gigantic swirling gateway with the cloaked figures holding it up stared you down as you approached, like at any moment they could decide you weren't worthy to enter their realm.When I stepped through the Dark Portal, the bright expanse of Outland poured out before me. The vivid purple sky bled into the orange mountains of Hellfire Peninsula. For someone who had very little exposure to the cosmic side of Warcraft by then, the view was magnetic. That moment of fantasy colliding with sci-fi was probably when that specific blend of visual themes first wormed itself into my brain, where it's been ever since-reignited most recently by parts of Elden Ring.
Hellfire Peninsula looks red hot, like it's about to burst into flames. In addition to having loads of environmental detail, it also was covered in cracks that gushed fire every few seconds. With every burst, my graphics card chugged and my frame rate dipped into single digits. But being young and fully ignorant of PC gaming, I figured my game turning into a PowerPoint presentation was normal, and it only added to the effect.
It was worth it. Outland probably changed my life, solidifying my specific tastes in fantasy fiction and how I want my massive worlds to be built. It also gave me an appreciation for the amount of work my PC had to do to run the whole thing. I upgraded my graphics cards not long after, which further increased my love for the warped planet.
But that first step is everything. It's the moment every assumption I had about the game got thrown out, and somehow, World of Warcraft got bigger, wider, and more weird. Games don't do that often, and when they do, you spend the rest of your life waiting for it to happen again.
There's a lot of common ground to be found among Path of Exile fans and World of Warcraft players. Made by Grinding Gear Games as a spiritual successor to legendary hack-and-slash RPGs such as Diablo 2, another Blizzard Entertainment franchise, it's very likely that a person who plays Path of Exile has tried World of Warcraft at some point in their life.To get more news about Buy WoW Gold Safe, you can visit lootwow.com official website.
The setting in Path of Exile was made by a New Zealand-based developer team, and the world of Wraeclast is an intriguing take on dark fantasy with a clear and bold Maori influence interwoven throughout, depicted with the Karui people. On the other hand, World of Warcraft's maps have become iconic with a distinct, easily-recognizable style - and one talented fan of both games had the bright idea of joining these two concepts together.Created by Azapls, who among other things also made a concept map of the rumored Dragon Isles expansion for World of Warcraft, this version of Wraeclast has been lovingly drawn in the style present on maps of Azeroth. While the trend of recreating maps in the World of Warcraft style is not new, Azapls' work displays such wondrous accuracy and attention to detail that one might easily mistake it for an official Blizzard map.
All the major landmarks are present, from the Vaal City casting its shadow over the Phrecian Forest, the Act 2 (and Act 7) location in Path of Exile, to the isle of Oriath from which the player character is exiled at the start of the game. In fact, Path of Exile fans might find some non-negligible amount of joy in following along their exile's path on this map, from their humble beginnings on the placid beach next to Lioneye's Watch, to the tall mountainous peaks of Highgate, and back to Theopolis all over again.
The map pools knowledge from all the expansions and post-launch content released for Path of Exile thus far, as the game edges close to releasing its "Siege of the Atlas" expansion on February 11. One notable, yet logical omission is the mysterious continent of Kalguur, from which the Kalguuran adventurers hail from in Path of Exile's Expedition League, given that the map's sole focus seems to be on recreating Wraeclast alone.
Kalguur has been on the community's wishlist as a location they would want to see in future content, and given that not much is known concerning the locations in Path of Exile 2, it is not entirely out of the question for at least one of its seven Acts to take place in the Norse-inspired land.
In short, RaaS allows businesses to take advantage of the benefits that come with robotic automation through cloud-based subscriptions rather than expensive equipment purchases.To get more news about Robots as a Service, you can visit glprobotics.com official website.
This technology builds on the popularity of Software-as-a-Service or SaaS solutions. The rise of SaaS has increased the importance of cloud-based subscriptions for many companies.
As more companies get involved with SaaS data migration, opportunities to harness RaaS will grow.RaaS has an important place in the SaaS development process as one type of Robotic Process Automation or RPA. Although this process is cloud-based, its presence in the cloud tells only one part of the story.
Some common origins are shared with SaaS; however, most providers that use this type of technology have some crucial differences to consider.One of the things that this technology shares in common with the SaaS application architecture is an easy adaptation to a pay-as-you-go structure.
The price of automation products would otherwise make this technology unattainable for many businesses. These providers offer solutions to many companies, offering an ability to customize the offerings without businesses having to go to significant expenses to use this technology.
Using cloud-based RPA technology makes management easier for everyone involved in the process. There is no need to go to the extra expense of dedicated staff for this technology. Being able to put this technology into the hands of professionals helps ensure a smoother transition.
Another advantage of using RaaS is a more straightforward maintenance process. Implementation is much faster, and there is a greater chance that employees will adapt faster.
Although there is some merit to having staff who can teach other employees how everything works, this is a step that many companies can avoid to save time.
Flexibility is increasingly essential for all companies. Using RaaS fits in perfectly with this concept, as decision-makers need to know that they can make changes easily. The easier changes are to make, the better a company can keep up with its competitors.
Another advantage of RaaS is that the technology is easy to scale. Multiple industries and markets are evolving very quickly, and businesses in these industries need to grow as needed. A scalable model makes it easier for companies to grow without raising as much extra capital.SaaS benefits and RaaS benefits overlap in many respects, despite the types of technology having substantial differences. RaaS is a type of technology that is still gaining traction while showing promise.
The SaaS product development process, on the other hand, is something that many in the business world are already familiar with.
RaaS primarily refers to the automation processes used to power robots and other automation tools. The software used for these purposes resides in the cloud, making it more accessible without using an IT staff to handle this technology specifically.Examples of settings that use this type of technology the most include warehousing and manufacturing.
SaaS has grown exponentially in recent years and includes a variety of products from streaming services to office suites. The use of cloud technology has set the SaaS model apart from traditional models where users had to purchase physical copies of the software and install it themselves.Although RaaS and saaS have many similarities that include cloud-based architecture, not all SaaS services involve automation.
Both models have benefits for companies. One of the most significant benefits is tailoring the service to company specifications. A business that wants to succeed does better with a full suite of solutions made to match its needs instead of acquiring its solutions separately.
Another crucial benefit is increased compatibility. Although compatibility has always been important for technology, increased connectivity between devices has made compatibility more critical.Both these models increase the chances of keeping everything compatible no matter how much your business grows.
Lastly, using these models makes it easier for companies of any size to have a competitive advantage. Many companies require better software and automated processes. Access to both models makes it easier for companies to keep pace in a constantly evolving market.
I reviewed the Lockly Secure Plus smart lock late last year. It integrated a fingerprint reader into its hardware, ostensibly providing a dramatic upgrade to the security level of the system. One thing was missing from the package: Any kind of significant "smart" features that let you tie the Lockly system into the rest of your home. (The lock only supports Bluetooth out of the box.) Recently, Lockly addressed that issue by introducing the Lockly Secure Pro, which adds a Wi-Fi bridge to the system, enabling a few additional capabilities.To get more news about biometric safe locks, you can visit securamsys.com official website.
Sounds like a plan, but first, some semantics. Notably, the Lockly Secure Pro is not actually a new product of its own. Rather, it is a bundle of the existing Lockly Secure Plus hardware along with the new Lockly Secure Link WiFi Hub, which connects the lock to your Wi-Fi network. If you already have a Lockly Secure Plus lock, you can buy the Secure Link WiFi Hub separately for $80, instead of shelling out $300 (or $330 the Latch model that replaces your entry handset) for the bundle. Buying either lock and the hub as a bundle will save you $30 compared to buying the components separately. Since I still had the lock on hand from my previous review, Lockly sent just the WiFi Hub for this story; I tested it with the same Secure Plus hardware I reviewed previously.
The good news is that setting up the Secure Link WiFi Hub is considerably simpler than setting up the lock hardware. In fact, it's downright easy, thanks to clear enough instructions both within the Lockly app and in the full-color, printed manual. The hub consists of two pieces: A small USB device about the size of a thumb drive, plus a standard USB wall wart. To connect, simply put these two items together and plug the combo into an AC outlet. Note that the plug must be within 10 feet of the lock, however, which could be a problem for homes that don't have outlets near their door.
After a quick firmware upgrade to the lock, the two devices were ready to pair, and they then easily connected to my home Wi-Fi network. I had no trouble with any of this, and within a few minutes my Lockly system was live on Wi-Fi.
A standard magnetic door sensor is also included in this kit. After installing it on the door, you pair it with the Lockly app, which then lets the app do double duty, informing you whether the door is open or closed as well as whether it's locked or unlocked.
With all of this set up, well, now what do you do with it? The primary function of the Secure Link WiFi Hub is that it gives you go-anywhere access to the lock, instead of being limited to Bluetooth range. If the kids are locked out and have forgotten their key, access code, or just can't get their mittens off to use the fingerprint reader, you can open the door for them remotely. You also have access to a real-time status of the door and the lock; in other words, it does exactly what any "smart" lock ought to be do right out of the box.
Interestingly, once the hub is installed, the app adds a new toggle switch to the upper left corner that lets you switch between Wi-Fi and Bluetooth access to the lock. Now if your Wi-Fi network goes down or there's a blackout, you can still use your phone to open the lock (locally, that is, and provided the lock has sufficient battery). The onboard Bluetooth radio relies on the lock's battery to operate, unlike your Wi-Fi router and broadband gateway (unless you have those devices plugged into an uninterruptible power supply, that is).
The addition of Wi-Fi connectivity also lets you connect Lockly to Alexa and Google Assistant. Once I installed the skill, I was able to use Alexa to tell me the status of the lock and to unlock it via voice. (Note that Alexa voice-unlock is disabled by default for security reasons. To enable it, you'll need to create a four-digit PIN that you'll recite to open the deadbolt.
The bad news should be obvious if you've read my earlier coverage of the Lockly Secure Plus: This deadbolt is still a bear to deal with from a physical standpoint. The installation process hasn't changed, obviously, and mounting it to the door remains challenging due to the requirement of carefully placing a peculiar metal bar between to connect the interior and exterior escutcheons. I've installed this hardware before and could feel my stomach sinking when I took it out of the box again to write this review. Had I been in charge of this product, I would have redesigned all of that before I bothered adding Wi-Fi to the mix.
The China Federation of Literary and Art Circles published a resolution on professional ethics for China's literary and art industry on Tuesday, emphasizing the need to avoid misconduct like tax evasion, gambling and using drugs, to build a healthy entertainment industry. The federation also selected 44 outstanding figures as role models.To get more latest entertainment news, you can visit shine news official website.
The resolution listed several types of misconduct in the entertainment industry that should be avoided.Literary and art workers should resolutely resist committing illegal acts such as tax evasion, soliciting prostitutes, gambling and abusing drugs, and oppose pompous exhibition of wealth and comparing luxury items with others, the resolution noted.
It also requested the promotion of brilliant Chinese traditional culture and asked not to follow overseas trends blindly. The resolution also advocated the creation of film and TV works about realistic themes that praise a positive spirit. This trend of productions that tell stories grounded in reality has been felt by industry insiders.
Chinese director Teng Huatao, well known for his realistic TV dramas, told the Global Times on Wednesday that this trend shows how the creative capabilities of people in Chinese literary and artistic fields are growing stronger."Resolutely resist plagiarism and making low-quality works and oppose only focusing on box office revenue and gaining attention," the resolution added.
The resolution is most likely a response to scandals in the industry in recent years, as several entertainers have been strongly condemned or punished by the law because of misconduct cases that the resolution outlined.
Tax evasion is one of the most rampant problems in the Chinese entertainment industry as was the case of Chinese actor Deng Lun, who was recently punished for tax evasion and fined 106 million yuan ($16.6 million) , the Shanghai tax authorities released on March 15.
Before Deng, in December, 2021, China's top livestreamer Huang Wei, also known as Viya, was fined 1.34 billion yuan ($ 211 million) for dodging taxes. In August 2021, Chinese actress Zheng Shuang was ordered to pay 299 million yuan ($36,000) in fines, taxes and penalties for tax evasion. Furthermore, in 2018, Fan Bing Bing's tax evasion case shocked the whole country.
Drug scandals involving Chinese celebrities like singer Li Daimo and actor Kai Ko, have also been black marks on the industry. Shi Wenxue, a cultural critic in Beijing, told the Global Times on Wednesday that the resolution can help establish standards for the industry and play a supervisory role.
Shi mentioned the selection of role models previously launched by the federation, considering that the standards and the selection of exemplar figures are a system to regulate the industry."The resolution tells industry insiders what they can do and what they cannot, while the 44 role models with brilliant professional ethics set a good example for other entertainers," Shi said.
To further cultivate professional excellence, moral integrity and high-quality literary and artistic talent, Chinese authorities selected 44 literary and art figures who meet the standards for role models of the industry. The list includes actors Wu Jing and Huang Bo.The 44 candidates were chosen based on recommendations, opinions and strict examinations.
Chinese regional cuisines are the different cuisines found in different provinces and prefectures of China as well as from larger Chinese communities overseas.To get more news about shanghai Chinese cuisine, you can visit shine news official website.
A number of different styles contribute to Chinese cuisine but perhaps the best known and most influential are Cantonese cuisine, Shandong cuisine, Huaiyang cuisine and Szechuan cuisine.[1][2] These styles are distinctive from one another due to factors such as availability of resources, climate, geography, history, cooking techniques and lifestyle.[3] One style may favour the generous use of garlic and shallots over chilli and spices, while another may favour preparing seafood over other meats and fowl.
Jiangsu cuisine favours cooking techniques such as braising and stewing, while Sichuan cuisine employs baking, just to name a few.[1] Hairy crab is a highly sought after local delicacy in Shanghai, as it can be found in lakes within the region. Peking duck and dim-sum are other popular dishes well known outside of China.[1]
Based on the raw materials and ingredients used, the method of preparation and cultural differences, a variety of foods with different flavors and textures are prepared in different regions of the country. Many traditional regional cuisines rely on basic methods of preservation such as drying, salting, pickling and fermentation.
Cantonese cuisine (Chinese: 粤菜; pinyin: yuècài) is a regional cuisine that emphasises the minimal use of sauce which brings out the original taste of food itself.[6] It is known for dim sum, a Cantonese term for small hearty dishes, which became popular in Hong Kong in the early 20th century.[1][7] These bite-sized portions are prepared using traditional cooking methods such as frying, steaming, stewing and baking. It is designed so that one person may taste an assortment of different dishes in bite-size. Some of these may include rice rolls, lotus leaf rice, turnip cakes, buns, jiaozi-style dumplings, stir-fried green vegetables, congee porridge, soups, etc. The Cantonese style of dining, yum cha, combines the variety of dim sum dishes with the drinking of tea. Yum cha literally means "drink tea".
Kung pao chicken is a famous Sichuan dish
Sichuan cuisine (Chinese: 川菜; pinyin: chuāncài; spelled Szechuan or Szechwan in the once-common postal romanization) is a style of Chinese cuisine originating from the Sichuan Province of southwestern China, famed for bold flavors, particularly the pungency and spiciness resulting from liberal use of garlic and chili peppers, as well as the unique flavor of the Sichuan peppercorn (花椒; huājiāo) and Facing heaven pepper (朝天椒; cháotiān jiāo). Peanuts, sesame paste and ginger are also prominent ingredients in this style.
Main article: Anhui cuisine
Anhui cuisine (徽菜; huīcài or 徽州菜; huīzhōu cài) is derived from the native cooking styles of the Huangshan Mountains region in China and is similar to Jiangsu cuisine, but with less emphasis on seafood and more on a wide variety of local herbs and vegetables. Anhui province is particularly endowed with fresh bamboo and mushroom crops.
Fujian
Main article: Fujian cuisine
Fujian (Hokkien) cuisine (闽菜; mǐncài) is influenced by Fujian's coastal position and mountainous terrain.[10] Woodland delicacies such as edible mushrooms and bamboo shoots are also utilized.[10] Slicing techniques are valued in the cuisine and utilized to enhance the flavor, aroma and texture of seafood and other foods.[10] Fujian cuisine is often served in a broth or soup, with cooking techniques including braising, stewing, steaming and boiling.
Jiangsu cuisine (淮扬菜; huáiyángcài) is one of the major components of Chinese cuisine, which consists of the styles of Huai'an, Yangzhou, Nanjing, Suzhou and Zhenjiang dishes. It is especially popular in the lower reach of the Yangtze River. Huaiyang cuisine, one of the Four Great Traditions, is a style of Jiangsu cuisine.
Typical courses of Jiangsu cuisine are Jinling salted dried duck (Nanjing's most famous dish), crystal meat (pork heels in a bright, brown sauce), clear crab shell meatballs (pork meatballs in crab shell powder, fatty, yet fresh), Yangzhou steamed jerky strips (dried tofu, chicken, ham and pea leaves), triple combo duck, dried duck, Farewell My Concubine (soft-shelled turtle stewed with many other ingredients such as chicken, mushrooms and wine), and sweet and sour mandarin fish (Suzhou cuisine).
Hunan
Hunan cuisine (湘菜; Xiāngcài) is well known for its hot spicy flavor,[11] fresh aroma and deep color. Common cooking techniques include stewing, stir-frying, pot-roasting, braising, and smoking. Due to the high agricultural output of the region, there are many varied ingredients for Hunan dishes. Hunan cuisine is called Xiāngcài in China, because the abbreviation of Hunan Province is Xiāng (湘). Some typical dishes of Hunan Cuisine are steaming smoked meat, stew fish, rice noodle soup. Besides spicy, Hunan cuisine, especially western Hunan, also emphasizes on sourness. Therefore, different kinds of pickles are popular in Hunan, for example, Douchi is a type of fermented and salted black soybean.'
The Cleveland Cavaliers have a new jersey patch sponsorship. The NBA franchise agreed to terms with hometown steel manufacturer Cleveland-Cliffs, the parties announced Tuesday.To get more news about customized nfl jerseys, you can visit custom-nfljersey.com official website.
Terms of the deal were not publicly made available, but according to people familiar with the agreement, it matches the Cavs' previous sponsorship agreement with tire manufacturer Goodyear. That pact was valued at a reported $10 million per season.
The people declined to be named because the deal terms are private.
The agreement comes at a good time for Cleveland-Cliffs. The Cavs are one of the surprise teams in the NBA this season, and they appear headed to the postseason. The team is seventh in the NBA's Eastern Conference. The last time the team made the playoffs was when LeBron James led them to a fourth-consecutive NBA Finals in 2018, losing to the Golden State Warriors.
Cleveland-Cliffs would get increased national exposure if the Cavaliers make the playoffs, as postseason berths mean more television impressions for jersey patch partners.
Cleveland-Cliffs is traded on the New York Stock Exchange under the ticker symbol "CLF." It has a market cap of over $16 billion.In a statement announcing the partnership, Cavs CEO Len Komoroski called the company "the fabric of life here in Northeast Ohio." Komoroski added the agreement is "very appropriate and relevant for Cliffs to be represented, literally, on the fabric of the Cavs player jerseys."
In this new agreement, Cleveland-Cliffs will get in-arena signage at Rocket Mortgage FieldHouse, building off its current sponsorship deal with the team, which features an arena entrance naming rights slot. However, Cleveland-Cliffs will not obtain the Cavs' practice jersey patch asset or virtual floor signage for local broadcast games. Teams can package those assets in jersey patch deals to increase value.
NBA jersey patches have grown in popularity in the sports sponsorship marketplace. Since the NBA started its jersey patch program in 2017, team deals made the league roughly $150 million annually. That figure is expected to increase to more than $200 million for the 2021-22 season.
To date, the Brooklyn Nets have the most expensive patch deal. In September 2021, CNBC reported the Nets make $30 million per year from online trading platform WeBull. That agreement eclipsed the Golden State Warriors' $20 million per season deal with Japan-based e-commerce company Rakuten. That deal was extended last year and expires after the 2022-23 season.
Newer NBA team patch agreements should increase the league's sponsorship revenue, which reached a record $1.46 billion for the 2020-21 regular season, according to estimates by IEG, a sports partnerships consultancy firm.
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