How does technology reshape the new format of financial services? KPMG China summarized these nine trends.

At present, the rapid penetration of a new generation of information technology in various industries is the general trend, and the financial industry is the most important. Financial services have gradually evolved in the innovation and development of financial technology, which has opened a new situation of digital transformation and gradually become a new engine to promote the transformation and upgrading of the whole industry and the whole industrial chain.
The newly released KPMG China Double 50 list of financial technology enterprises in 2023 and the annual trend report integrate the industry empowerment resources, sort out the strategic advantages of special fields, and emphasize the development trend of inclusive finance from "integration of numbers and reality" to "symbiosis of numbers and reality", which provides multi-faceted reference and support for the prosperity of China’s financial technology industry and promotes the construction of China’s financial technology ecosystem.
Huang Aizhou, managing partner of KPMG China Financial Technology, said that in the process of digital transformation of the financial industry, there are unique advantages compared with other industries in the three pillars: algorithm, computing power and data, which are needed for the vertical model of the industry to land. Among them, the data determines the intelligent scope of the big model, and the financial industry has mastered a large number of historical data and written materials, which provides natural convenience for the development of the big model of the industry; Financial technology enterprises have also formed their own unique solutions in the process of financial digitalization and intelligence in terms of algorithms and computing power. It is expected that as the bottom big model changes from increment to stock stage, fighting for quality and landing will become the focus of competition, and the competitive advantage of enterprises on the reasoning side of the force model will be further revealed.
The report analyzes and summarizes the listed enterprises in five dimensions: professional field, city and region, main technical elements, proportion of technical personnel and establishment time.
In addition, the report also introduces in detail the development trend and future development layout of financial technology in 2023.
Trend 1: The development of financial macro-model will have a far-reaching impact on the paradigm of financial technology industry (annual trend). In the era of mobile Internet, China’s financial technology has made numerous innovations in mobile payment, digital credit and other fields, leading the world. Domestic manufacturers are actively developing the layout of large financial models, and relevant enterprises need to build competitive advantages by "having data" and "understanding scenarios". The wide application of the future financial big model will have a subversive impact on the current industry paradigm in the following aspects: the change of AI cognition and concept, reshaping customer service process and experience, improving risk management, improving financial service efficiency and innovating financial business forms.
Trend 2: Science and technology investment pays more attention to output energy efficiency, and peer-to-peer science and technology output changes to ecological empowerment mode (integrated financial technology). Comprehensive financial technology enterprises actively embrace the new round of scientific and technological development opportunities brought by the big model by virtue of their scientific and technological advantages and innate financial industry genes. On the one hand, we continue to increase investment in science and technology, but pay more attention to business orientation and precise focus in objectives and methods; On the other hand, it continues to export scientific and technological capabilities to its peers, and the service direction has changed from traditional technical empowerment to all-round ecological empowerment.
Trend 3: AI helps to innovate wealth management, and the core system of the organization is autonomous and accelerated (wealth technology). Since the end of 2022, the explosive development of AIGC has brought great imagination to the financial industry. Wealth technology companies apply their accumulated data and experience in the field of AI application to the training of financial big models, providing support for wealth management business scenarios such as investment, research and marketing. It is expected that with the maturity of AIGC technology, wealth management institutions will explore more application scenarios of the big model to improve efficiency and service upgrade; At the same time, AIGC still needs to be cautious in providing investment advice to customers directly, due to unclear relevant supervision and data security and data privacy issues. On the other hand, wealth technology enterprises actively provide the latest technical solutions for large and medium-sized wealth management institutions, and gradually improve the efficiency, stability and autonomy of the core system through the modularization and decentralization of distributed technology.
Trend 4: Insurance technology has evolved into risk reduction management, and the service boundary (insurance technology) has been continuously expanded in combination with industrial upgrading. At present, the principle of risk management in insurance industry has gradually evolved from equal risk management to risk reduction management. On the one hand, relying on the wide application of new technologies, insurance technology companies will transform the original uninsurable risks into insurable risks, and relax the original restrictive underwriting conditions to comprehensive underwriting, which will create a broader insurance market space. On the other hand, technology no longer depends on insurance, but penetrates into the development process of all walks of life, and in the process of development, new risk management demands are derived, and the service boundary of insurance technology is continuously expanded by combining with industrial upgrading.
Trend 5: Digital symbiosis and digital platform services accelerate the development of inclusive finance (Pratt & Whitney Technology). The symbiosis of number and reality will accelerate the development of inclusive finance, thus achieving the high-quality development goals of inclusive finance, such as more popular basic financial services and more convenient financing for business entities. In addition, through the digital service platform, small and medium-sized enterprises can widely access digital resources, build digital intelligent business processes, meet the ever-changing market demand, and accelerate the digital intelligent transformation of small and medium-sized enterprises.
Trend 6: Multi-parties join hands to expand the new blue ocean of supply chain finance, and scene product innovation is emerging (supply chain technology). With the vigorous development of digital economy, the digital penetration rate of supply chain finance has gradually increased. The supply chain science and technology platform has accelerated its efforts in the scene business. It is expected that there will be more scene-based innovative products based on data credit in the future, and the traditional confirmation mode will begin to weaken. In addition, many large enterprise groups have responded to the policy call and accelerated the pace of building a supply chain platform; Financial institutions also pay more attention to cooperation with core enterprises and high-quality supply chain technology third-party platforms.
Trend 7: Mobile payment innovation scenario application, cross-border payment opens up a new chapter in the sea (payment technology). From the C side, the third-party payment platform expands its business by exploring new scenes and product innovation; From the B side, the mobile payment platform is empowered based on the payment function and provides integrated services. In addition, the cross-border payment platform not only provides payment services for customers, but also provides services such as foreign exchange and foreign exchange risk management for enterprises, as well as services such as platform opening, global acquiring, overseas marketing and supply chain financing, so as to provide customers with comprehensive services to enhance customer stickiness.
Trend 8: Regulatory technology is expected to improve regulatory efficiency with the help of large models (regulatory technology). The rapid development of emerging technologies such as AIGC provides imagination for the development of financial supervision technology, and the development of supervision technology will increasingly rely on scientific and technological means to achieve more efficient and accurate supervision. At the same time, the development of regulatory technology will also promote financial technology innovation and empower the financial industry to deepen digital transformation.
Trend 9: A new round of development opportunities will be opened, and a big article on digital finance (platform technology empowerment) will be done with the tide. At the present stage, the trends of innovation and going out to sea are highly certain, and actions such as "data elements ×" and "high-quality development of computing infrastructure" have been steadily promoted, which coincides with the opportunity of technological change brought by the big financial model and generative AI, and is expected to drive the sustained release of China’s financial technology value, further affect the global market and help the high-quality development of digital finance.
Author: Tang Weijie
Text: Tang Weijie Photo: Information Photo Editor: Shang Hui Editor: Rong Bing
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China People’s Bank Institute of Finance held an expert seminar on related issues in the financial field.

According to official website, the central bank, recently, the Financial Research Institute of the People’s Bank of China held an expert seminar on related issues in the financial field, attended by Lu Lei, member of the Party Committee and vice president of the People’s Bank of China.
Lu Lei pointed out that the Central Financial Work Conference clearly put forward the goal of "accelerating the construction of a financial power", emphasized the promotion of high-quality financial development in China, and provided strong support for comprehensively promoting the construction of a powerful country and the great cause of national rejuvenation with Chinese modernization. The People’s Bank of China has always attached great importance to theoretical research, giving full play to the wisdom of experts and scholars, and sincerely hopes that the experts attending the meeting will speak freely and put forward their insights on establishing a modern central banking system, building a scientific and stable financial regulation system, deepening the structural reform of the financial supply side, coordinating financial opening and security, and steadily expanding institutional opening in the financial field.
At the seminar, Zhu Baoliang, Li Daokui, Liu Qiao, Zhang Chengsi, Zhu Ning, Wu Weixing, Wu Ge and Ding Zhijie put forward constructive opinions and suggestions on issues such as unblocking the transmission mechanism of monetary policy, strengthening the coordination between monetary policy and other policies, improving the quality and efficiency of financial services to the real economy, better guiding market expectations, and preventing and resolving financial risks.
Responsible comrades from relevant departments of the People’s Bank of China and the State Administration of Foreign Exchange attended the seminar.
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Tianjin: Deploy the target in stages and promote the construction of financial innovation operation demonstration zone.

  According to 21st century business herald, the reporter noted that the Tianjin Municipal People’s Government issued the "Proposal on Further Promoting the Construction of Financial Innovation Operation Demonstration Zone" on January 8. The plan points out the overall goal of the future in three time periods: in the next three years, it will continue to maintain the leading position in the financial leasing and commercial factoring industries in China, and at the same time create a number of financial agglomeration symbol areas with themes and characteristics. In the next five years, the added value of the financial industry will account for about 15% of the regional GDP, and the overall asset scale of leasing will reach 2.7 trillion yuan. The scale of leasing and disposal of aircraft, international shipping vessels and offshore platforms will remain above 80% in the whole country, and the total assets and factoring financing balance of the commercial factoring industry will remain the first in the country. In 2035, a world-class national leasing innovation demonstration zone and a national commercial factoring capital will be built in an all-round way, which will provide a practical sample for China’s characteristic financial development.

The high temperature weather in Jiangnan and South China continues, and there are thunderstorms in Inner Mongolia and Jilin.

  Beijing, July 24 (Xinhua) According to the website of the Central Meteorological Observatory, in the next 10 days, the high temperature range in the southern region will be large and last for a long time; Jianghan, Jianghuai, Jiangnan, South China and other places continue to have hot weather, with the highest temperature in Zhejiang, Fujian, Jiangxi, Anhui, Jiangsu and other places reaching above 40℃. From 24th to 25th, there were thunderstorms in eastern Inner Mongolia, Jilin, Liaoning, Shanxi, Hebei and other places. In some areas, there were moderate to heavy rains, local heavy rains accompanied by short-term heavy precipitation, and local strong convective weather such as thunderstorms, strong winds or hail.

  Jiangnan South China and other placesHigh temperature weatherlast

  In the next 10 days, the high temperature range in the southern region will be large and last for a long time; Jianghan, Jianghuai, Jiangnan, South China and other places continue to have high temperature weather, with the highest temperature in Zhejiang, Fujian, Jiangxi, Anhui, Jiangsu and other places reaching above 40 C; Staged high temperature weather will also occur in Beijing-Tianjin-Hebei, Henan, Shaanxi and Sichuan Basin.

  Central Meteorological Observatory at 06: 00 on July 24Continue to issue high-temperature orange warning. It is estimated that there will be high temperature of 35℃ and above in Zhejiang, Fujian, Jiangxi, Hunan, Guangdong, Guangxi, eastern Guizhou, Shanghai, western Inner Mongolia, southern Xinjiang basin, western Gansu, southern Beijing and central and southern Hebei during the daytime on July 24th, among which the highest temperature in central and southern Zhejiang, Fujian, most of Jiangxi, most of Hunan, central and eastern Guangdong, northwestern Guangxi and southern Xinjiang basin is 37℃.

  National Forecast Map of High Temperature Falling Area (July 24, 08: 00 -20: 00)

  There are thunderstorms in Inner Mongolia, Jilin and Liaoning.

  From 24th to 25th, there were thunderstorms in eastern Inner Mongolia, Jilin, Liaoning, Shanxi, Hebei and other places. In some areas, there were moderate to heavy rains, local heavy rains accompanied by short-term heavy precipitation, and local strong convective weather such as thunderstorms, strong winds or hail.

  From 26th to 28th, there will be a moderate rain in the eastern part of Northwest China, North China, Huanghuai, Northeast China, Sichuan Basin, western Hubei and Guizhou, with heavy rain and local rainstorm in some areas.

  Specific forecast for the next three days

  From 08: 00 on July 24th to 08: 00 on July 25th,Xinjiang has moderate to moderate rain in some areas along the Tianshan Mountains, eastern Gansu, north-central Shaanxi, eastern Inner Mongolia, northern Liaoning, Jilin, central and eastern Heilongjiang, western Shanxi, northern Hebei, southern Hubei, southern Anhui, northern Zhejiang, southern Sichuan, central and southern Chongqing, most of Yunnan and southern Tibet, and heavy rain in some areas in eastern Jilin and western Yunnan. There are 4-5 winds in parts of central Inner Mongolia and other places.

  National Precipitation Forecast Chart (08: 00 on July 24th to 08: 00 on July 25th)

  From 08: 00 on July 25th to 08: 00 on July 26th,There are small to moderate rains in parts of central and eastern Inner Mongolia, north-central Liaoning, most of Jilin, southern Heilongjiang, Shanxi, central and western Hebei, Beijing, Henan, western and northern Hubei, western Anhui, Shanghai, Zhejiang, eastern and western Sichuan, central and western Yunnan, southern and eastern Tibet and Taiwan Province Island, among which there is heavy rain (25-40mm) in parts of southern Henan. There are 4 ~ 6 winds in parts of central and western Inner Mongolia and eastern Xinjiang.

  National Precipitation Forecast Chart (08: 00 on July 25th to 08: 00 on July 26th)

  From 08: 00 on July 26th to 08: 00 on July 27th,There are moderate to heavy rains in parts of central Gansu, south-central Shaanxi, central and eastern Inner Mongolia, northern North China, southern Huanghuai, eastern Jianghuai, eastern Sichuan and western Chongqing, among which there are heavy rains (50-70 mm) in southern Huanghuai and other places. There are 4 ~ 6 winds in parts of central and western Inner Mongolia.

  National Precipitation Forecast Chart (08: 00 on July 26th to 08: 00 on July 27th)

How can the night economic nightlife be "more exciting"?

"2020 Wenlv Market Hangzhou Wonderful Night". Photo courtesy of Hangzhou Culture, Radio, Film and Television Tourism Bureau
Zhongxin. com, Hangzhou, June 11 th Question: How can the night economy nightlife be "more exciting"?
Author Wang’s topic
A few days ago, the Wulin Night Market in Hangzhou, Zhejiang Province reopened after more than two months’ absence, and the 24-hour museum also opened in Hangzhou, Zhejiang Province. "2022 Wenlv Market Song Yun Hangzhou Wonderful Night" will also be held in the near future. Hangzhou is promoting the development of night economy through night markets, night tours and other night modes.
As an important part of urban economy, the prosperity of night economy is regarded as a barometer of the openness, convenience and activity of urban economy.
In the "14th Five-Year Plan" published in various parts of China, night economy is regarded as an important indicator to measure the quality of life, consumption level and soft investment environment of the city, and it has become an important content to stimulate economic development.
"2020 Wenlv Market Hangzhou Wonderful Night" event site. Photo courtesy of Hangzhou Culture, Radio, Film and Television Tourism Bureau
How is the development of night economy in various places? This can be seen from the list of the top ten cities with night economic influence in China in 2021.
According to the list, Chongqing, Changsha, Qingdao, Chengdu, Shanghai, Beijing, Wuhan, Shenzhen, Guangzhou and Tianjin are on the list.
Take Chongqing as an example, which ranks first in the city with night economic influence for three consecutive years. In recent years, Chongqing has been building a "city that never sleeps with Chongqing flavor and international norms", supporting and upgrading the development of night economy in terms of functional support, policy support and optimization of business environment. Up to now, the city’s night culture and tourism consumption take the gathering area as the position, and has formed a rich product system of "seven nights" such as "night tour, night scene, night show, night reading, night market, night entertainment and night maintenance".
As a famous tourist city, Hangzhou did not appear in the list of the top ten cities with night economic influence in China. Jia Yunfeng, an expert of the United Nations World Tourism Organization, analyzed that Hangzhou lacks the "online celebrity temperament" of the night economy of Chongqing and Changsha, and the differences are not enough.
However, Hangzhou has also made frequent efforts in recent years.
In August 2020, Hangzhou held the first "2020 Cultural Travel Market Hangzhou Wonderful Night" activity, which attracted 118,000 tourists and boosted consumption by 30.08 million RMB, and became one of the innovative measures to promote the economic development in Hangzhou during the cultural travel war.
The home event of "2022 Wenlv Market Song Yun Hangzhou Wonderful Night" will be held along the West Lake in the near future, with the deep expression and innovative interpretation of Song Yun culture as the core.
Lee Hung, an expert in Zhejiang culture and tourism think tank and former director of Hangzhou Tourism Committee, believes that the development of night economy should first do a good job of "fireworks" return. For example, when a city builds a complex and a commercial block, it should leave enough public space and moderately tolerate people’s spontaneous creation of an atmosphere of leisure and entertainment, such as setting up stalls.
Citizen tourists participate in the "2020 Cultural Travel Market Hangzhou Wonderful Night" activity. Photo courtesy of Hangzhou Culture, Radio, Film and Television Tourism Bureau
"The people have created an atmosphere of self-entertainment, and businesses will naturally follow. After a certain heat is formed, foreign tourists will follow. " Lee Hung said.
Jia Yunfeng believes that at night, people’s physiological state and psychological state will change greatly, which is completely different from the expectations and expectations during the day.
Therefore, he suggested that we should create a feeling of walking in a dream for citizens and tourists in building the consumption of cultural tourism at night. For example, the super block plan of Barcelona, a famous tourist city in Spain, is that every street in the old city is designed with completely different contents, and tourists’ behavior is added. Many tourists participate in the interaction and design, which drives the rapid development of the place and forms a tourist behavior that tourists participate in, like dreaming, and truly realizes "the more wonderful the night is." (End)
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China Film: The net purchase of financing is 2,178,200 yuan, and the balance of financing is 478 million yuan (12.

K figure 600977_0

China film margin information shows that on December 18, 2023, the net purchase of financing was 2,178,200 yuan; The financing balance was 478 million yuan, an increase of 0.46% over the previous day.

In terms of financing, on the same day, financing bought 13.818 million yuan, financing repaid 11.6398 million yuan, and financing net bought 2.1782 million yuan. In terms of securities lending, 44,300 shares were sold, 51,000 shares were repaid, the margin of securities lending was 267,300 shares, and the balance of securities lending was 3,402,700 yuan. The balance of margin financing and securities lending totaled 481 million yuan.

Disclaimer: This article is based on big data production, for reference only, and does not constitute any investment advice. Therefore, the operation risk is at your own risk.

What should the ideal old age life be like? I read 50 books throughout the year, which is the best condition.

Image source: Red Net Moment
No matter the wind and rain, or the heat and cold, it will not affect my driving to the library in Zhuzhou Cultural Park to borrow books. As the year is approaching, I have insisted on borrowing 5 books every month, and I have read more than 50 books throughout the year, which is very gratifying!
It can be said that reading has changed my belief for the rest of my life, enriched my brain and enriched my spiritual life. I am glad that I have a book as my companion and I have chosen a different poetic vision for the elderly. That is, I can read a book when I have nothing to do, read a few poems when I am anxious, and extract a few good articles when necessary to broaden and release my mind!
Therefore, I won’t participate too much in some organizations and associations. What seems to be a happy time will actually affect my normal work and rest. There are always some designated tasks that must be completed, which is not up to you. Everyone has their own self-motivated and so-called unyielding.
Go your own way and be happy for the rest of your life! This may be my orientation of wanting to live a quiet life in my later years. In the remaining years, there is a contented little study room with green mountains and green waters, writing poems, traveling and taking care of grandchildren, and you will be satisfied with food and clothing!
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Media criticism of China football has caused fans to laugh at it. It is a hot topic that you can’t miss at 7 am.

Recently, there has been a "AFC Champions League" in China football circle, and the Super League team won all the matches in this round, which made China football fans shine at the moment. However, at this exciting moment, some people began to worry about the goal of domestic players, which made people feel a little surprised. Among them, Ran Xiongfei’s comments caused great controversy. He said that the team’s victory in three games was a shot in the arm, and it was completely nonsense to worry that domestic players scored less goals. What he seems to want to express is that in a team, everyone should contribute to the victory, not worry about who scores the goal. Of course, some fans don’t agree with this view. They think that if foreign aid always occupies the forefront of the scorer list, the room for improvement of local players will be limited.

However, is this idea too narrow? As a team, victory is the most important thing, and everyone should strive for it. In addition, we must not forget that local players also need time to grow up, and they need to improve their strength through youth training. Nowadays, the adult players have been finalized, but we can improve the overall level of football in China by cultivating young players. If we only pay attention to the immediate results and ignore the future development, then China football may never catch up with other countries. Therefore, let’s put aside our worries about the number of goals scored and take practical actions for the development of football in China.

Let us believe that as long as everyone tries their best, China football will surely usher in a more brilliant future.

The above contents and materials are all from the internet, and the relevant data, and the theoretical research is based on the internet data, does not mean that the author agrees with the laws, rules, opinions and behaviors in the article and is responsible for the authenticity of the relevant materials. I am not responsible for any problems arising from the above or related issues, and the author of this article does not bear any direct or indirect legal responsibilities.

Football preview: leicester city is in a hot state, Atletico Madrid is in good shape, and Paris VS Montpellier.

Leicester city VS Leeds United

Leicester City defeated the Rangers away from home, and the league won 9 consecutive victories. The team’s recent performance is still hot, and it currently ranks first in the league with 39 points. Leicester city’s offensive end is active, and the stability of defense line is extremely strong. Leeds United beat Hadders at home in the last league. Although the team has experienced some ups and downs recently, it still wins more and loses less overall. At present, it ranks third in the league with 25 points. Leeds United’s offensive output is equally strong, but the defense strength is really insufficient in the near future.

Leicester city’s recent performance is still strong, and the team is currently at the top of the league. At the same time, the team’s home performance is also very strong. Leeds United is still winning more and losing less in the near future, but its overall stability is still insufficient compared with its opponents, especially the team’s recent defensive line is unstable. This time, leicester city is sitting at a strong home, and I believe there is still a chance to win the opponent’s winning streak.

Las palmas VS Atletico Madrid

Las palmas defeated Alme, the underdog in the last league, and the team has won many victories in the underdog recently. At present, it is chasing the 10th place in the league with 14 points. Las palmas’s offensive output has been strengthened, but the stability of the defense line is still insufficient. Atletico Madrid defeated Alaves at home in the last league, and the league won six consecutive victories. The overall state and stability continued to rise, and it is currently ranked third in the league with 25 points. Atletico Madrid’s offensive output has been continuously improved, and its defensive performance is acceptable, but the situation of zero sealing has been reduced.

Las palmas’s recent achievements have indeed warmed up, but the opponents are mostly weak teams in the league, and the gold content is really not high. The team’s performance at both ends of attack and defense is still obviously insufficient in the face of strong teams. Atletico Madrid’s recent performance is still strong, and the front line output is still very stable, but the defensive strength needs to be improved. This time, Atletico Madrid is a guest to challenge the opponent. I believe it is still a cinch to take away three points.

Paris saint-germain VS Montpellier

Paris Saint-Germain beat brest away from home in the last league, and the league won three consecutive victories and five unbeaten rounds. The team’s recent performance has been getting stronger and stronger, and the difference between the team and Nice at the top has narrowed to one point. The offensive output of Paris Saint-Germain has been strengthened again, but the defensive strength needs to be strengthened. Montpellier beat Toulouse at home in the last league. Although the team lost away from home before, its overall performance is still strong in the near future. At present, the team ranks sixth in the league with 15 points. Montpellier’s offensive output is still significantly strengthened, but the defensive end is also not stable enough.

The overall strength of Paris Saint-Germain is very secure, and the team’s recent achievements and performance are also worthy of recognition. In addition, the team has also found the home court advantage. The overall performance of Montpellier has also improved recently, winning several victories, but it is still difficult to compete with Paris in terms of strength. Montpellier’s visit to challenge Paris this time, I believe it is still a situation of losing less and winning.

Porto VS Lille, esto

Porto defeated Visala away from home in the last league, and won two consecutive victories in the league. Although the team suffered defeat in the face of traditional powerful teams, it still had no pressure in the face of other opponents. At present, the team ranks third in the league with 22 points. Porto’s offensive output is very secure, and the stability of the defense line has also improved. Lille, esto, lost to Polti in the last league, and the league suffered another three-game losing streak and seven rounds. At present, it only ranks at the bottom with four points. Esto Lille’s offensive performance is also relatively active, but the defense loopholes are also huge.

Porto’s overall strength is very secure, and the team is still able to face other opponents in the league, and the performance at home is also very safe. Rival esto Lille’s recent performance is still sluggish, although the offensive output is still guaranteed, but the defense loopholes are too large. This time, Porto sat at home to meet the challenge of the vice squad leader. I believe the team still has the ability to beat the opponent and win three points.

Bologna VS lazio

Bologna drew with Sassuolo in the last league. Although the team’s winning ability is not strong, it can still guarantee the unbeaten game in nine rounds, and the overall stability is acceptable. At present, the team ranks eighth in the league with 15 points. Bologna’s offensive output has strengthened, but the stability of the defense line has declined. Lazio beat Florence at home in the last league, and the league won three consecutive victories. The team has been in a strong state in the near future, and it can also win battles in a row. At present, it ranks seventh in the league with 16 points. Lazio’s offensive efficiency has improved, and the stability of the defense line has improved.

Bologna’s overall performance is quite stable. It has previously drawn against strong teams such as Juventus, Inter Milan and Naples, and it has a strong ability to score points in the main battle. Lazio, the opponent, has been strengthening in recent days, and it is also in a winning streak. Although the team’s performance in the away game is not good, most of its opponents are league teams, and they also have the ability to score points away from home. This time, the two teams collided, and Bologna, who performed very steadily, still had a chance to defend the unbeaten home, and the possibility of a draw between the two sides was not small.

International Football League Cup Comprehensive: Arsenal and Manchester United missed the quarter-finals.

Xinhua News Agency, London, November 1st (Reporter Zhang Wei) Arsenal and Manchester United both lost to opponents from the same Premier League on the 1st, and missed the quarterfinals of the English League Cup.

Arsenal played against West Ham United in London on the same day, and fell behind in the first half because of White’s careless own goal. "Arsenal" coach arteta bluntly said after the game that the ball directly influenced the development direction of the game. Since then, Arsenal, which has an absolute advantage in possession of the ball, has never been able to make a breakthrough. On the contrary, Kaddos added another point five minutes after the West Ham United Easy Side, extending the lead to 2-0. In the 60th minute, Bowen hit a long-range shot outside the penalty area. It wasn’t until the final stoppage time that Arsenal were pulled back by substitute Odegard, and the score was fixed at 1-3.

On November 1st, Arsenal coach Arteta looked depressed after the game. Xinhua News Agency/Reuters

Manchester United, who just suffered a home defeat in the Manchester derby last weekend, continued to sink at Old Trafford. Against Newcastle United, they conceded two goals in a row in the first half. In the 60th minute, Willock got rid of the defense with the ball in the frontcourt and hit the door to help the Magpie achieve a 3-0 victory.

Newcastle, who lost to the "Red Devils" in the Carling Cup final last season, took revenge, and their quarter-final opponent will be Chelsea who beat Blackburn 2-0 on the same day.

In addition, Liverpool beat Bournemouth 2-1 with goals from Gakpo and Nunez, and the quarterfinals will face West Ham United.