安安0715 personal page - To The Moon

安安0715

安安0715

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08-17

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08-05

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07-03

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07-03

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05-27

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05-25

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05-24

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05-24

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03-29

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02-07

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02-07

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02-07

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Alibaba's Earnings Are Under the Microscope. What to Expect

02-07

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Reminder: Public Holidays During Chinese Lunar New Year

02-07

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盘前异动丨Snap暴跌，纽约社区银行跌10%，热门中概股回调

02-03

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02-03

👍🏻[微笑] [微笑] [微笑] [微笑] [微笑]

01-05

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2023-12-25

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2023-12-23

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2023-12-23

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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1707274895,"share":"https://ttm.financial/m/news/2409423256?lang=&edition=fundamental","pubTime":"2024-02-07 11:01","market":"us","language":"en","title":"Alibaba's Earnings Are Under the Microscope. What to Expect","url":"https://stock-news.laohu8.com/highlight/detail?id=2409423256","media":"Dow Jones","summary":"Alibaba's quarterly results, due Wednesday, come at a chaotic time, with Chinese markets in the midst of a volatile stretch because of continuing concerns about the health of the world's second-largest economy. Earnings from the e-commerce and cloud-computing company could add to the fear -- or help a recent bounce in stock prices to continue.Alibaba is expected to report earnings of 2.39 Chinese yuan  a share on revenue of 261 billion yuan  in the December quarter, based on the expectations of analysts surveyed by FactSet. Results in line with estimates would represent a 1% decline in earnings from a year earlier, with a gain of 5% for revenue.Alibaba has had a tough few years. Beijing's regulatory crackdowns on tech and Covid-19 lockdowns wreaked havoc on its stock, sending the price down more than 70% from a late-2020 peak to the start of 2023. A recovery expected last year never materialized as China's economy stagnated and came under further strain from the country's sprawling and","content":"<html><head></head><body><p style=\"text-align: start;\">Alibaba’s quarterly results, due Wednesday, come at a chaotic time, with Chinese markets in the midst of a volatile stretch because of continuing concerns about the health of the world’s second-largest economy. Earnings from the e-commerce and cloud-computing company could add to the fear—or help a recent bounce in stock prices to continue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0c09ecf059d05ac0eb5054ffcce28d7\" alt=\"Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.\" title=\"Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.\" tg-width=\"952\" tg-height=\"637\"/><span>Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.</span></p><p style=\"text-align: start;\">Alibaba is expected to report earnings of 2.39 Chinese yuan (34 cents) a share on revenue of 261 billion yuan ($36.7 billion) in the December quarter, based on the expectations of analysts surveyed by FactSet. Results in line with estimates would represent a 1% decline in earnings from a year earlier, with a gain of 5% for revenue.</p><p>If those growth numbers seem anemic—a far cry from the days of Alibaba’s double-digit sales growth—it is because they are. The company and its core domestic e-commerce business have been hit hard by China’s economic slowdown over the past year. Not only does Alibaba face pressure because consumers are less willing to spend, budget-friendly rivals such as PDD are competing for their money. </p><p>Alibaba has had a tough few years. Beijing’s regulatory crackdowns on tech and Covid-19 lockdowns wreaked havoc on its stock, sending the price down more than 70% from a late-2020 peak to the start of 2023. A recovery expected last year never materialized as China’s economy stagnated and came under further strain from the country’s sprawling and indebted property sector.</p><p>Alibaba stock has continued to fall, losing more than a quarter of its value in the past 12 months.</p><p>The start of 2024 has brought few changes: Chinese stocks remain volatile as investors worry over the economy and hope that effective government stimulus will finally materialize. Alibaba’s quarterly earnings could add color to the picture as results from the core e-commerce business offer signals about wider consumption trends.</p><p>Positive news could help prolong recent gains—Alibaba stock was up 3.7% on Tuesday—while a disappointment could slam on the brakes. Tech names like JD.com, PDD, and Baidu are especially likely to be affected.</p><p>A secondary focus will be on the company’s cloud computing and artificial intelligence arm. Exports of high-tech chips to China have collapsed amid geopolitical tensions with the U.S., hurting Alibaba’s cloud and AI division and scuttling its plans to spin off the business.</p><p>Spinoff or restructuring plans more broadly could also play an important role in Wednesday’s release. Alibaba announced last March that it would split itself up, transforming from a conglomerate to holding company in a bid to unlock value for shareholders, including spinning off a number of its businesses. The issue with chips shelved its plans for the cloud division, but a wider drying-up of Chinese capital markets has put other spinoffs in jeopardy, too.</p><p>Alibaba has used its earnings releases as an opportunity to break news about its restructuring, so another update on Wednesday wouldn’t be a surprise. Even if surprises are the last thing that investors want right now.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba's Earnings Are Under the Microscope. What to Expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba's Earnings Are Under the Microscope. What to Expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-02-07 11:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Alibaba’s quarterly results, due Wednesday, come at a chaotic time, with Chinese markets in the midst of a volatile stretch because of continuing concerns about the health of the world’s second-largest economy. Earnings from the e-commerce and cloud-computing company could add to the fear—or help a recent bounce in stock prices to continue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0c09ecf059d05ac0eb5054ffcce28d7\" alt=\"Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.\" title=\"Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.\" tg-width=\"952\" tg-height=\"637\"/><span>Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.</span></p><p style=\"text-align: start;\">Alibaba is expected to report earnings of 2.39 Chinese yuan (34 cents) a share on revenue of 261 billion yuan ($36.7 billion) in the December quarter, based on the expectations of analysts surveyed by FactSet. Results in line with estimates would represent a 1% decline in earnings from a year earlier, with a gain of 5% for revenue.</p><p>If those growth numbers seem anemic—a far cry from the days of Alibaba’s double-digit sales growth—it is because they are. The company and its core domestic e-commerce business have been hit hard by China’s economic slowdown over the past year. Not only does Alibaba face pressure because consumers are less willing to spend, budget-friendly rivals such as PDD are competing for their money. </p><p>Alibaba has had a tough few years. Beijing’s regulatory crackdowns on tech and Covid-19 lockdowns wreaked havoc on its stock, sending the price down more than 70% from a late-2020 peak to the start of 2023. A recovery expected last year never materialized as China’s economy stagnated and came under further strain from the country’s sprawling and indebted property sector.</p><p>Alibaba stock has continued to fall, losing more than a quarter of its value in the past 12 months.</p><p>The start of 2024 has brought few changes: Chinese stocks remain volatile as investors worry over the economy and hope that effective government stimulus will finally materialize. Alibaba’s quarterly earnings could add color to the picture as results from the core e-commerce business offer signals about wider consumption trends.</p><p>Positive news could help prolong recent gains—Alibaba stock was up 3.7% on Tuesday—while a disappointment could slam on the brakes. Tech names like JD.com, PDD, and Baidu are especially likely to be affected.</p><p>A secondary focus will be on the company’s cloud computing and artificial intelligence arm. Exports of high-tech chips to China have collapsed amid geopolitical tensions with the U.S., hurting Alibaba’s cloud and AI division and scuttling its plans to spin off the business.</p><p>Spinoff or restructuring plans more broadly could also play an important role in Wednesday’s release. Alibaba announced last March that it would split itself up, transforming from a conglomerate to holding company in a bid to unlock value for shareholders, including spinning off a number of its businesses. The issue with chips shelved its plans for the cloud division, but a wider drying-up of Chinese capital markets has put other spinoffs in jeopardy, too.</p><p>Alibaba has used its earnings releases as an opportunity to break news about its restructuring, so another update on Wednesday wouldn’t be a surprise. Even if surprises are the last thing that investors want right now.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409423256","content_text":"Alibaba’s quarterly results, due Wednesday, come at a chaotic time, with Chinese markets in the midst of a volatile stretch because of continuing concerns about the health of the world’s second-largest economy. Earnings from the e-commerce and cloud-computing company could add to the fear—or help a recent bounce in stock prices to continue.Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.Alibaba is expected to report earnings of 2.39 Chinese yuan (34 cents) a share on revenue of 261 billion yuan ($36.7 billion) in the December quarter, based on the expectations of analysts surveyed by FactSet. Results in line with estimates would represent a 1% decline in earnings from a year earlier, with a gain of 5% for revenue.If those growth numbers seem anemic—a far cry from the days of Alibaba’s double-digit sales growth—it is because they are. The company and its core domestic e-commerce business have been hit hard by China’s economic slowdown over the past year. Not only does Alibaba face pressure because consumers are less willing to spend, budget-friendly rivals such as PDD are competing for their money. Alibaba has had a tough few years. Beijing’s regulatory crackdowns on tech and Covid-19 lockdowns wreaked havoc on its stock, sending the price down more than 70% from a late-2020 peak to the start of 2023. A recovery expected last year never materialized as China’s economy stagnated and came under further strain from the country’s sprawling and indebted property sector.Alibaba stock has continued to fall, losing more than a quarter of its value in the past 12 months.The start of 2024 has brought few changes: Chinese stocks remain volatile as investors worry over the economy and hope that effective government stimulus will finally materialize. Alibaba’s quarterly earnings could add color to the picture as results from the core e-commerce business offer signals about wider consumption trends.Positive news could help prolong recent gains—Alibaba stock was up 3.7% on Tuesday—while a disappointment could slam on the brakes. Tech names like JD.com, PDD, and Baidu are especially likely to be affected.A secondary focus will be on the company’s cloud computing and artificial intelligence arm. Exports of high-tech chips to China have collapsed amid geopolitical tensions with the U.S., hurting Alibaba’s cloud and AI division and scuttling its plans to spin off the business.Spinoff or restructuring plans more broadly could also play an important role in Wednesday’s release. Alibaba announced last March that it would split itself up, transforming from a conglomerate to holding company in a bid to unlock value for shareholders, including spinning off a number of its businesses. The issue with chips shelved its plans for the cloud division, but a wider drying-up of Chinese capital markets has put other spinoffs in jeopardy, too.Alibaba has used its earnings releases as an opportunity to break news about its restructuring, so another update on Wednesday wouldn’t be a surprise. Even if surprises are the last thing that investors want right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271413952585976,"gmtCreate":1707300966132,"gmtModify":1707300969745,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271413952585976","repostId":"1105440715","repostType":2,"repost":{"id":"1105440715","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1706594622,"share":"https://ttm.financial/m/news/1105440715?lang=&edition=fundamental","pubTime":"2024-01-30 14:03","market":"hk","language":"en","title":"Reminder: Public Holidays During Chinese Lunar New Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1105440715","media":"Tiger Newspress","summary":"Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.The Singapore market will observe hal","content":"<html><head></head><body><p>Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/713dc7b997c4168eff598610fdcd712f\" tg-width=\"1080\" tg-height=\"1920\"/></p><p><strong>The Singapore market</strong> will observe half-day trading on Friday, 9 Feb 2024 and will be closed all day on Monday, 12 Feb 2024 local time for Chinese Lunar New Year.</p><p><strong>The Hong Kong market</strong> will observe half-day trading on Friday, 9 Feb 2024 and will be closed all day on Monday, 12 Feb 2024 and Tuesday, 13 Feb 2024 local time for Chinese Lunar New Year.</p><p><strong>The China A-shares market</strong> will be closed from Friday, 9 Feb 2024 to Friday, 16 Feb 2024 local time for Chinese Lunar New Year.</p><p><strong>The U.S. market</strong> will open normally during the whole holiday.</p><h3 id=\"id_1289476788\">Background</h3><p>Chinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In Chinese, the festival is commonly referred to as the Spring Festival as the spring season in the lunisolar calendar traditionally starts with lichun, the first of the twenty-four solar terms which the festival celebrates around the time of the Chinese New Year. Marking the end of winter and the beginning of the spring season, observances traditionally take place from New Year’s Eve.</p><p>The Chinese New Year is associated with several myths and customs. The festival was traditionally a time to honor deities as well as ancestors. Within China, regional customs and traditions concerning the celebration of the New Year vary widely, and the evening preceding the New Year&#39;s Day is frequently regarded as an occasion for Chinese families to gather for the annual reunion dinner.</p><p>It is also a tradition for every family to thoroughly clean their house, in order to sweep away any ill fortune and to make way for incoming good luck. Another custom is the decoration of windows and doors with red paper-cuts and couplets. Other activities include lighting firecrackers and giving money in red paper envelopes.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: Public Holidays During Chinese Lunar New Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: Public Holidays During Chinese Lunar New Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-01-30 14:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/713dc7b997c4168eff598610fdcd712f\" tg-width=\"1080\" tg-height=\"1920\"/></p><p><strong>The Singapore market</strong> will observe half-day trading on Friday, 9 Feb 2024 and will be closed all day on Monday, 12 Feb 2024 local time for Chinese Lunar New Year.</p><p><strong>The Hong Kong market</strong> will observe half-day trading on Friday, 9 Feb 2024 and will be closed all day on Monday, 12 Feb 2024 and Tuesday, 13 Feb 2024 local time for Chinese Lunar New Year.</p><p><strong>The China A-shares market</strong> will be closed from Friday, 9 Feb 2024 to Friday, 16 Feb 2024 local time for Chinese Lunar New Year.</p><p><strong>The U.S. market</strong> will open normally during the whole holiday.</p><h3 id=\"id_1289476788\">Background</h3><p>Chinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In Chinese, the festival is commonly referred to as the Spring Festival as the spring season in the lunisolar calendar traditionally starts with lichun, the first of the twenty-four solar terms which the festival celebrates around the time of the Chinese New Year. Marking the end of winter and the beginning of the spring season, observances traditionally take place from New Year’s Eve.</p><p>The Chinese New Year is associated with several myths and customs. The festival was traditionally a time to honor deities as well as ancestors. Within China, regional customs and traditions concerning the celebration of the New Year vary widely, and the evening preceding the New Year&#39;s Day is frequently regarded as an occasion for Chinese families to gather for the annual reunion dinner.</p><p>It is also a tradition for every family to thoroughly clean their house, in order to sweep away any ill fortune and to make way for incoming good luck. Another custom is the decoration of windows and doors with red paper-cuts and couplets. Other activities include lighting firecrackers and giving money in red paper envelopes.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","HSTECH":"恒生科技指数","000001.SH":"上证指数","STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105440715","content_text":"Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.The Singapore market will observe half-day trading on Friday, 9 Feb 2024 and will be closed all day on Monday, 12 Feb 2024 local time for Chinese Lunar New Year.The Hong Kong market will observe half-day trading on Friday, 9 Feb 2024 and will be closed all day on Monday, 12 Feb 2024 and Tuesday, 13 Feb 2024 local time for Chinese Lunar New Year.The China A-shares market will be closed from Friday, 9 Feb 2024 to Friday, 16 Feb 2024 local time for Chinese Lunar New Year.The U.S. market will open normally during the whole holiday.BackgroundChinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In Chinese, the festival is commonly referred to as the Spring Festival as the spring season in the lunisolar calendar traditionally starts with lichun, the first of the twenty-four solar terms which the festival celebrates around the time of the Chinese New Year. Marking the end of winter and the beginning of the spring season, observances traditionally take place from New Year’s Eve.The Chinese New Year is associated with several myths and customs. The festival was traditionally a time to honor deities as well as ancestors. Within China, regional customs and traditions concerning the celebration of the New Year vary widely, and the evening preceding the New Year's Day is frequently regarded as an occasion for Chinese families to gather for the annual reunion dinner.It is also a tradition for every family to thoroughly clean their house, in order to sweep away any ill fortune and to make way for incoming good luck. Another custom is the decoration of windows and doors with red paper-cuts and couplets. Other activities include lighting firecrackers and giving money in red paper envelopes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271413924233376,"gmtCreate":1707300957574,"gmtModify":1707300961773,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271413924233376","repostId":"1116564890","repostType":2,"repost":{"id":"1116564890","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1707297494,"share":"https://ttm.financial/m/news/1116564890?lang=&edition=fundamental","pubTime":"2024-02-07 17:18","market":"us","language":"zh","title":"盘前异动丨Snap暴跌，纽约社区银行跌10%，热门中概股回调","url":"https://stock-news.laohu8.com/highlight/detail?id=1116564890","media":"老虎资讯综合","summary":"Snap预计一季度调整后息税折旧摊销前利润将亏损0.55-0.95亿美元。","content":"<html><head></head><body><p>周三，美股三大指数期货在盘前时段涨跌不一。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/afc1ae82dd857e23636ae7bc483aa6c4\" title=\"\" tg-width=\"734\" tg-height=\"270\"/></p><p>社交媒体公司Snap盘前暴跌32%。财报显示Snap去年第四季度营收13.6亿美元，小幅低于分析师预期的13.8亿美元。<strong>Snap预计一季度调整后息税折旧摊销前利润将亏损0.55-0.95亿美元，大幅低于分析师预期的亏损0.327亿美元。</strong>大摩下调Snap目标价至11美元，维持“减持”评级。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/263ae782f713fb248d7297f651cc0cb8\" title=\"\" tg-width=\"450\" tg-height=\"127\"/></p><p><strong>纽约社区银行盘前跌10%。</strong>纽约社区银行的股价在周二下跌超22%，触及自2000年6月以来的最低点。自1月31日发布财报以来，该银行的股价已经下跌了超过50%。股价大跌的主要原因是该银行在2023年第四季度为信贷损失设置了高达5.52亿美元的拨备，远高于市场共识的4500万美元和前一季度的6200万美元。这暗示信贷前景可能恶化。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f734e528bc25167916069ebeb3e22f7\" tg-width=\"450\" tg-height=\"127\"/></p><p>迪士尼、福克斯和华纳兄弟联手推出新的体育流媒体服务，体育流媒体FuboTV盘前大跌11%。</p><p>运动品牌Vans母公司威富集团盘前跌超7%。威富公司第三财季收入为29.6亿美元，同比下降约16%，低于分析师预计的32.5亿美元。</p><p>百胜中国盘前涨近15%，公司四季报好于预期，派息力度超过预期。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37d0c09ad9b32d7669854e64325301bf\" title=\"\" tg-width=\"450\" tg-height=\"125\"/></p><p>微型逆变器龙头Enphase盘前大涨14%。四季度该公司保持强劲的毛利率并产生正的自由现金流，这表明了其运营效率和对为股东创造价值的战略重点。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ab092c8fe97974f5c1ee65948acda01\" title=\"\" tg-width=\"450\" tg-height=\"125\"/></p><p>搜诺斯公司盘前涨超9%。消息上，公司一季度收益为每股0.84美元，比分析师预期的0.39美元高出115.38%，比去年同期每股0.79美元的收益增长了6.33%。</p><p>福特汽车盘前涨近6%。福特汽车第四季度营收为460亿美元，按可比销量计算同比增长4%，超过了分析师预期。福特预计今年息税前利润为100亿至120亿美元，位于指引区间顶端。</p><p>热门中概股盘前走弱。阿里巴巴跌超1%，将于今日发布财报。哔哩哔哩跌超4%，京东、理想汽车跌超3%，蔚来、小鹏汽车跌超2.9%，百度跌1.88%，拼多多跌1.1%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f5534f782f302e9dd61f140dcf50e97\" title=\"\" tg-width=\"450\" tg-height=\"125\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>盘前异动丨Snap暴跌，纽约社区银行跌10%，热门中概股回调</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n盘前异动丨Snap暴跌，纽约社区银行跌10%，热门中概股回调\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2024-02-07 17:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>周三，美股三大指数期货在盘前时段涨跌不一。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/afc1ae82dd857e23636ae7bc483aa6c4\" title=\"\" tg-width=\"734\" tg-height=\"270\"/></p><p>社交媒体公司Snap盘前暴跌32%。财报显示Snap去年第四季度营收13.6亿美元，小幅低于分析师预期的13.8亿美元。<strong>Snap预计一季度调整后息税折旧摊销前利润将亏损0.55-0.95亿美元，大幅低于分析师预期的亏损0.327亿美元。</strong>大摩下调Snap目标价至11美元，维持“减持”评级。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/263ae782f713fb248d7297f651cc0cb8\" title=\"\" tg-width=\"450\" tg-height=\"127\"/></p><p><strong>纽约社区银行盘前跌10%。</strong>纽约社区银行的股价在周二下跌超22%，触及自2000年6月以来的最低点。自1月31日发布财报以来，该银行的股价已经下跌了超过50%。股价大跌的主要原因是该银行在2023年第四季度为信贷损失设置了高达5.52亿美元的拨备，远高于市场共识的4500万美元和前一季度的6200万美元。这暗示信贷前景可能恶化。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f734e528bc25167916069ebeb3e22f7\" tg-width=\"450\" tg-height=\"127\"/></p><p>迪士尼、福克斯和华纳兄弟联手推出新的体育流媒体服务，体育流媒体FuboTV盘前大跌11%。</p><p>运动品牌Vans母公司威富集团盘前跌超7%。威富公司第三财季收入为29.6亿美元，同比下降约16%，低于分析师预计的32.5亿美元。</p><p>百胜中国盘前涨近15%，公司四季报好于预期，派息力度超过预期。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37d0c09ad9b32d7669854e64325301bf\" title=\"\" tg-width=\"450\" tg-height=\"125\"/></p><p>微型逆变器龙头Enphase盘前大涨14%。四季度该公司保持强劲的毛利率并产生正的自由现金流，这表明了其运营效率和对为股东创造价值的战略重点。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ab092c8fe97974f5c1ee65948acda01\" title=\"\" tg-width=\"450\" tg-height=\"125\"/></p><p>搜诺斯公司盘前涨超9%。消息上，公司一季度收益为每股0.84美元，比分析师预期的0.39美元高出115.38%，比去年同期每股0.79美元的收益增长了6.33%。</p><p>福特汽车盘前涨近6%。福特汽车第四季度营收为460亿美元，按可比销量计算同比增长4%，超过了分析师预期。福特预计今年息税前利润为100亿至120亿美元，位于指引区间顶端。</p><p>热门中概股盘前走弱。阿里巴巴跌超1%，将于今日发布财报。哔哩哔哩跌超4%，京东、理想汽车跌超3%，蔚来、小鹏汽车跌超2.9%，百度跌1.88%，拼多多跌1.1%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f5534f782f302e9dd61f140dcf50e97\" title=\"\" tg-width=\"450\" tg-height=\"125\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/adf5beb8769699ed76f9f6469c150065","relate_stocks":{"SNAP":"Snap Inc"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116564890","content_text":"周三，美股三大指数期货在盘前时段涨跌不一。社交媒体公司Snap盘前暴跌32%。财报显示Snap去年第四季度营收13.6亿美元，小幅低于分析师预期的13.8亿美元。Snap预计一季度调整后息税折旧摊销前利润将亏损0.55-0.95亿美元，大幅低于分析师预期的亏损0.327亿美元。大摩下调Snap目标价至11美元，维持“减持”评级。纽约社区银行盘前跌10%。纽约社区银行的股价在周二下跌超22%，触及自2000年6月以来的最低点。自1月31日发布财报以来，该银行的股价已经下跌了超过50%。股价大跌的主要原因是该银行在2023年第四季度为信贷损失设置了高达5.52亿美元的拨备，远高于市场共识的4500万美元和前一季度的6200万美元。这暗示信贷前景可能恶化。迪士尼、福克斯和华纳兄弟联手推出新的体育流媒体服务，体育流媒体FuboTV盘前大跌11%。运动品牌Vans母公司威富集团盘前跌超7%。威富公司第三财季收入为29.6亿美元，同比下降约16%，低于分析师预计的32.5亿美元。百胜中国盘前涨近15%，公司四季报好于预期，派息力度超过预期。微型逆变器龙头Enphase盘前大涨14%。四季度该公司保持强劲的毛利率并产生正的自由现金流，这表明了其运营效率和对为股东创造价值的战略重点。搜诺斯公司盘前涨超9%。消息上，公司一季度收益为每股0.84美元，比分析师预期的0.39美元高出115.38%，比去年同期每股0.79美元的收益增长了6.33%。福特汽车盘前涨近6%。福特汽车第四季度营收为460亿美元，按可比销量计算同比增长4%，超过了分析师预期。福特预计今年息税前利润为100亿至120亿美元，位于指引区间顶端。热门中概股盘前走弱。阿里巴巴跌超1%，将于今日发布财报。哔哩哔哩跌超4%，京东、理想汽车跌超3%，蔚来、小鹏汽车跌超2.9%，百度跌1.88%，拼多多跌1.1%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270197481054328,"gmtCreate":1706975313001,"gmtModify":1706975317094,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻","listText":"👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻","text":"👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270197481054328","isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270197507952832,"gmtCreate":1706975295863,"gmtModify":1706975300826,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;&nbsp;","listText":"👍🏻[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;&nbsp;","text":"👍🏻[微笑] 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Win Big!","htmlText":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","listText":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! 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He's grounded, you see.Flicker the Embergeist - Another one-ta","images":[{"img":"https://community-static.tradeup.com/news/ad478b709732d53302c395a52fa1c8e1","width":"1200","height":"630"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234641357262864","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924286354,"gmtCreate":1672269947779,"gmtModify":1676538662101,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GPRO\">$GoPro(GPRO)$&nbsp;</a>☘️☘️☘️","listText":"<a href=\"https://ttm.financial/S/GPRO\">$GoPro(GPRO)$&nbsp;</a>☘️☘️☘️","text":"$GoPro(GPRO)$ ☘️☘️☘️","images":[{"img":"https://community-static.tradeup.com/news/5342471d4b46191194f985570d175e9b","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9924286354","isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9943561858,"gmtCreate":1679564557274,"gmtModify":1679564560130,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943561858","repostId":"2321197619","repostType":2,"repost":{"id":"2321197619","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679559843,"share":"https://ttm.financial/m/news/2321197619?lang=&edition=fundamental","pubTime":"2023-03-23 16:24","market":"us","language":"en","title":"This Is Why U.S. Stocks Tumbled After Fed’s Powell Signaled Only One More Rate Hike in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2321197619","media":"Dow Jones","summary":"Investors got the \"dovish\" rate hike that they had been hoping for on Wednesday.But why did the Dow ","content":"<html><head></head><body><p>Investors got the &#34;dovish&#34; rate hike that they had been hoping for on Wednesday.</p><p>But why did the Dow Jones Industrial Average  fall more than 500 points after Federal Reserve Chairman Jerome Powell hiked rates by 25 basis points and signaled that only one more hike would follow?</p><p>The answer, according to several market strategists, is because Powell, in his afternoon news conference, left investors with little certainty and plenty to worry about.</p><p>On the one hand, the Fed chair played up expectations for a worsening credit crunch that would essentially do the Fed&#39;s job for it by hurting the economy and labor market, while helping to combat inflation.</p><p>But while Powell assured reporters and the public that U.S. banks were well-capitalized and &#34;sound,&#34; Treasury Secretary Janet Yellen told a Senate committee that &#34;blanket&#34; deposit insurance hadn&#39;t been considered or discussed by her department, helping to drive stocks lower, market strategists said</p><p>That appeared to be a disappointment to investors after news reports said authorities were studying ways to expand insurance to all deposits if the banking worries spawned by the failure earlier this month of Silicon Valley Bank grow.</p><p>By the time markets closed, the S&amp;P 500 financial services sector had fallen by 2.4%, making it the worst performer on the S&amp;P 500 , which shed 65.90 points, or 1.7%, to 3,936.97. The Nasdaq Composite  fell 190.15 points, or 1.6%, to 11,669.96, according to FactSet.</p><p>By comparison, stocks had rallied on Tuesday as investors bid up stocks in anticipation of Powell expressing a less-aggressive outlook for interest rates.</p><p>Unfortunately for stock investors, that&#39;s exactly what they got.</p><p>Expectations for a lower Fed terminal, or peak, rate should benefit stocks, at least in theory.</p><p>But when such expectations are informed by fears about a potentially serious economic downturn, which is what happened on Wednesday, the outlook can be more complicated, said Steve Sosnick, chief market strategist at Interactive Brokers, in a phone interview.</p><p>Although Powell ruled out rate cuts before the end of 2023, both Fed funds futures and Treasury yields appear to be pricing in as many as three rate cuts later this year, Sosnick said.</p><p>Hopes for rate cuts benefited stocks in the recent past. But now, &#34;investors need to be careful what they wish for,&#34; Sosnick said.</p><p>&#34;Most scenarios that get you to that level of interest rates are not stock-market friendly,&#34; he added.</p><p>The yield on the 2-year note BX:TMUBMUSD02Y fell by more than 20 basis points to 3.960% on Wednesday, according to FactSet.</p><p>Concerns that the Fed risked leaving its battle against inflation unfinished helped to compound the market&#39;s losses.</p><p>Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, said in emailed comments that Fed officials are &#34;potentially losing their nerve in fighting inflation&#34; which could create more issues for markets and the economy down the road.</p><p>All things considered, Powell&#39;s news conference was decidedly market-negative, according to Peter Boockvar, chief investment officer of Bleakley Financial Group, who said that Powell confronted markets with a &#34;trifecta of trouble.&#34;</p><p>&#34;Powell acknowledges the credit crunch ahead, says inflation and price stability are still a big focus and that they don&#39;t foresee cutting interest rates this year...no wonder why the stock market closed at the lows,&#34; he said in a note emailed to reporters.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Is Why U.S. Stocks Tumbled After Fed’s Powell Signaled Only One More Rate Hike in 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Is Why U.S. Stocks Tumbled After Fed’s Powell Signaled Only One More Rate Hike in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-23 16:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Investors got the &#34;dovish&#34; rate hike that they had been hoping for on Wednesday.</p><p>But why did the Dow Jones Industrial Average  fall more than 500 points after Federal Reserve Chairman Jerome Powell hiked rates by 25 basis points and signaled that only one more hike would follow?</p><p>The answer, according to several market strategists, is because Powell, in his afternoon news conference, left investors with little certainty and plenty to worry about.</p><p>On the one hand, the Fed chair played up expectations for a worsening credit crunch that would essentially do the Fed&#39;s job for it by hurting the economy and labor market, while helping to combat inflation.</p><p>But while Powell assured reporters and the public that U.S. banks were well-capitalized and &#34;sound,&#34; Treasury Secretary Janet Yellen told a Senate committee that &#34;blanket&#34; deposit insurance hadn&#39;t been considered or discussed by her department, helping to drive stocks lower, market strategists said</p><p>That appeared to be a disappointment to investors after news reports said authorities were studying ways to expand insurance to all deposits if the banking worries spawned by the failure earlier this month of Silicon Valley Bank grow.</p><p>By the time markets closed, the S&amp;P 500 financial services sector had fallen by 2.4%, making it the worst performer on the S&amp;P 500 , which shed 65.90 points, or 1.7%, to 3,936.97. The Nasdaq Composite  fell 190.15 points, or 1.6%, to 11,669.96, according to FactSet.</p><p>By comparison, stocks had rallied on Tuesday as investors bid up stocks in anticipation of Powell expressing a less-aggressive outlook for interest rates.</p><p>Unfortunately for stock investors, that&#39;s exactly what they got.</p><p>Expectations for a lower Fed terminal, or peak, rate should benefit stocks, at least in theory.</p><p>But when such expectations are informed by fears about a potentially serious economic downturn, which is what happened on Wednesday, the outlook can be more complicated, said Steve Sosnick, chief market strategist at Interactive Brokers, in a phone interview.</p><p>Although Powell ruled out rate cuts before the end of 2023, both Fed funds futures and Treasury yields appear to be pricing in as many as three rate cuts later this year, Sosnick said.</p><p>Hopes for rate cuts benefited stocks in the recent past. But now, &#34;investors need to be careful what they wish for,&#34; Sosnick said.</p><p>&#34;Most scenarios that get you to that level of interest rates are not stock-market friendly,&#34; he added.</p><p>The yield on the 2-year note BX:TMUBMUSD02Y fell by more than 20 basis points to 3.960% on Wednesday, according to FactSet.</p><p>Concerns that the Fed risked leaving its battle against inflation unfinished helped to compound the market&#39;s losses.</p><p>Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, said in emailed comments that Fed officials are &#34;potentially losing their nerve in fighting inflation&#34; which could create more issues for markets and the economy down the road.</p><p>All things considered, Powell&#39;s news conference was decidedly market-negative, according to Peter Boockvar, chief investment officer of Bleakley Financial Group, who said that Powell confronted markets with a &#34;trifecta of trouble.&#34;</p><p>&#34;Powell acknowledges the credit crunch ahead, says inflation and price stability are still a big focus and that they don&#39;t foresee cutting interest rates this year...no wonder why the stock market closed at the lows,&#34; he said in a note emailed to reporters.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","BK4096":"电气部件与设备"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321197619","content_text":"Investors got the \"dovish\" rate hike that they had been hoping for on Wednesday.But why did the Dow Jones Industrial Average  fall more than 500 points after Federal Reserve Chairman Jerome Powell hiked rates by 25 basis points and signaled that only one more hike would follow?The answer, according to several market strategists, is because Powell, in his afternoon news conference, left investors with little certainty and plenty to worry about.On the one hand, the Fed chair played up expectations for a worsening credit crunch that would essentially do the Fed's job for it by hurting the economy and labor market, while helping to combat inflation.But while Powell assured reporters and the public that U.S. banks were well-capitalized and \"sound,\" Treasury Secretary Janet Yellen told a Senate committee that \"blanket\" deposit insurance hadn't been considered or discussed by her department, helping to drive stocks lower, market strategists saidThat appeared to be a disappointment to investors after news reports said authorities were studying ways to expand insurance to all deposits if the banking worries spawned by the failure earlier this month of Silicon Valley Bank grow.By the time markets closed, the S&P 500 financial services sector had fallen by 2.4%, making it the worst performer on the S&P 500 , which shed 65.90 points, or 1.7%, to 3,936.97. The Nasdaq Composite  fell 190.15 points, or 1.6%, to 11,669.96, according to FactSet.By comparison, stocks had rallied on Tuesday as investors bid up stocks in anticipation of Powell expressing a less-aggressive outlook for interest rates.Unfortunately for stock investors, that's exactly what they got.Expectations for a lower Fed terminal, or peak, rate should benefit stocks, at least in theory.But when such expectations are informed by fears about a potentially serious economic downturn, which is what happened on Wednesday, the outlook can be more complicated, said Steve Sosnick, chief market strategist at Interactive Brokers, in a phone interview.Although Powell ruled out rate cuts before the end of 2023, both Fed funds futures and Treasury yields appear to be pricing in as many as three rate cuts later this year, Sosnick said.Hopes for rate cuts benefited stocks in the recent past. But now, \"investors need to be careful what they wish for,\" Sosnick said.\"Most scenarios that get you to that level of interest rates are not stock-market friendly,\" he added.The yield on the 2-year note BX:TMUBMUSD02Y fell by more than 20 basis points to 3.960% on Wednesday, according to FactSet.Concerns that the Fed risked leaving its battle against inflation unfinished helped to compound the market's losses.Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, said in emailed comments that Fed officials are \"potentially losing their nerve in fighting inflation\" which could create more issues for markets and the economy down the road.All things considered, Powell's news conference was decidedly market-negative, according to Peter Boockvar, chief investment officer of Bleakley Financial Group, who said that Powell confronted markets with a \"trifecta of trouble.\"\"Powell acknowledges the credit crunch ahead, says inflation and price stability are still a big focus and that they don't foresee cutting interest rates this year...no wonder why the stock market closed at the lows,\" he said in a note emailed to reporters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946392383,"gmtCreate":1680854397842,"gmtModify":1680854401292,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️❤️❤️👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️","listText":"👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️❤️❤️👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️","text":"👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️❤️❤️👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9946392383","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925263120,"gmtCreate":1672035881961,"gmtModify":1676538625192,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"😞😞😞😞","listText":"😞😞😞😞","text":"😞😞😞😞","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925263120","isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926447358,"gmtCreate":1671620479374,"gmtModify":1676538565006,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻👍🏻👍🏻👍🏻👍🏻","listText":"👍🏻👍🏻👍🏻👍🏻👍🏻","text":"👍🏻👍🏻👍🏻👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926447358","isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271413952585976,"gmtCreate":1707300966132,"gmtModify":1707300969745,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271413952585976","repostId":"1105440715","repostType":2,"isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942532131,"gmtCreate":1681253887823,"gmtModify":1681253891644,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4096861291958630\"> @StarLuck </a><a href=\"https://ttm.financial/U/3575098910724577\"> @Goondu </a><a href=\"https://ttm.financial/U/4096093486770560\"> @highhand </a><a href=\"https://ttm.financial/U/3536248989748324\"> @玖舞贰栖 </a><a href=\"https://ttm.financial/U/4091758936365950\"> @MHh </a><a href=\"https://ttm.financial/U/4110175785559852\"> @BenjiFuji </a><a href=\"https://ttm.financial/U/4089501973615070\"> @Optionspuppy </a><a href=\"https://ttm.financial/U/3527667621665671\"> @Daily_Discussion </a>👍🏻👍🏻👍🏻👍🏻👍🏻","listText":"<a href=\"https://ttm.financial/U/4096861291958630\"> @StarLuck </a><a href=\"https://ttm.financial/U/3575098910724577\"> @Goondu </a><a href=\"https://ttm.financial/U/4096093486770560\"> @highhand </a><a href=\"https://ttm.financial/U/3536248989748324\"> @玖舞贰栖 </a><a href=\"https://ttm.financial/U/4091758936365950\"> @MHh </a><a href=\"https://ttm.financial/U/4110175785559852\"> @BenjiFuji </a><a href=\"https://ttm.financial/U/4089501973615070\"> @Optionspuppy </a><a href=\"https://ttm.financial/U/3527667621665671\"> @Daily_Discussion </a>👍🏻👍🏻👍🏻👍🏻👍🏻","text":"@StarLuck @Goondu @highhand @玖舞贰栖 @MHh @BenjiFuji @Optionspuppy @Daily_Discussion 👍🏻👍🏻👍🏻👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9942532131","repostId":"9942886913","repostType":1,"repost":{"id":9942886913,"gmtCreate":1681180154532,"gmtModify":1681352729355,"author":{"id":"3527667621665671","authorId":"3527667621665671","name":"Daily_Discussion","avatar":"https://community-static.tradeup.com/news/6973ef3354e752778088dfd8ca725c82","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667621665671","authorIdStr":"3527667621665671"},"themes":[],"title":"🔥Share your strategy for making money on the market(11 Apr)","htmlText":"Hi, Tigers!Welcome to&nbsp;Daily Discussion! This is the place for you to share your trading ideas and win coins!<a href=\"https://ttm.financial/RN?name=RNTheme&amp;page=/theme/special/discussion&amp;rndata={&quot;themeId&quot;:&quot;470d3ab575ca43caaed8156645b7ccbe&quot;,&quot;type&quot;:3}\" target=\"_blank\">Click here to join the Topic &amp; Win coins &gt;&gt;</a>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.(NOTE: Comments posted under this article WILL NOT be counted)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.You will be given&nbsp;5 Tiger coins&nbsp;if you tag more than 3 friends in the comment areaMeanwhile, we will be li","listText":"Hi, Tigers!Welcome to&nbsp;Daily Discussion! This is the place for you to share your trading ideas and win coins!<a href=\"https://ttm.financial/RN?name=RNTheme&amp;page=/theme/special/discussion&amp;rndata={&quot;themeId&quot;:&quot;470d3ab575ca43caaed8156645b7ccbe&quot;,&quot;type&quot;:3}\" target=\"_blank\">Click here to join the Topic &amp; Win coins &gt;&gt;</a>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.(NOTE: Comments posted under this article WILL NOT be counted)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.You will be given&nbsp;5 Tiger coins&nbsp;if you tag more than 3 friends in the comment areaMeanwhile, we will be li","text":"Hi, Tigers!Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!Click here to join the Topic & Win coins >>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.(NOTE: Comments posted under this article WILL NOT be counted) 2.You will be given 5 Tiger coins if you tag more than 3 friends in the comment areaMeanwhile, we will be 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19:20","market":"us","language":"zh","title":"引爆银行业危机的那场融资，硅谷银行和高盛做错了什么？","url":"https://stock-news.laohu8.com/highlight/detail?id=1102976070","media":"华尔街见闻","summary":"在动荡的资本市场中，“愚蠢和聪明之间只有一线之隔”。","content":"<html><head></head><body><p>作者：韩旭阳</p><p>分析师认为，硅谷银行此次股份发行忽视了之前银行业资本重组带来的教训。</p><p>3月8日晚间，硅谷银行宣布计划通过发行普通股、优先股、定向增发等方式紧急融资22.5亿美元，由高盛牵头，General Atlantic 同意以发行价购买5亿美元的普通股。这可以说是为硅谷银行量身定制的救援计划。</p><p>幸运的是，硅谷银行所筹集的资金超过了其出售几乎所有“可供出售”（AFS）债券投资组合而损失的18亿美元。但到了第二天，这次发行却惊人地失败了：储户纷纷提款，股价暴跌，投资者不愿以任何价格购买这些股票。</p><p>周二，前美国银行股权资本市场全球主管、金融服务公司 Seda Experts 董事总经理 Craig Coben 在发表在媒体的专栏文章中表示，虽然现在讨论硅谷银行是否资不抵债，或是否本可以免于破产还为时过早，<b>但此次股票发行似乎忽略了一个关键问题——2008-2009年银行业资本重组带来的教训。</b></p><p>Coben 曾参与过欧洲金融危机时期的几次银行业资本重组。他认为，在动荡的资本市场中，“愚蠢和聪明之间只有一线之隔”。<b>有几个指导原则是至关重要的，一是筹集股本要比需要的多，也要比监管机构要求的多，不要只是填补资金缺口；二是股票发行必须需要承销。</b></p><p><b>在这两个方面，尤其是第二个方面，硅谷银行的股票发行都失败了。</b></p><p>硅谷银行此前宣布，其出售的210亿美元债券投资资产，因利率上升而遭遇18亿美元税后亏损，因此计划通过发行普通股、优先股、定向增发等方式紧急融资22.5亿美元，以弥补损失。</p><p>华尔街见闻此前提及，在平时，硅谷银行的融资声明并不会引发太多联想，然而与此同时，“币圈友好银行”Silvergate 也宣告倒闭。想象这个场景：币圈银行暴雷的新闻还在电视上滚动播放时，一家有近40年历史的大银行却宣布出现巨额亏损，需要融资。这显然会令市场揣测，这家大银行是不是遭遇了流动性危机，所以急于融资脱困。</p><p>投资者早在2008年的金融危机中就认识到，银行的问题很少是孤立的或得到有效控制的。</p><p>Coben 认为，<b>更大的问题是，硅谷银行的此次发行没有进行股票承销，也没有进行股份认购。</b>理想情况下，高盛会在股票发行前与一小群投资者进行“穿越墙”（Wall-Crossing）式的交谈。 这是一个向投资者披露重大非公开信息、秘密试探投资者是否有兴趣参与交易的流程。</p><p>但高盛能想出的最好办法，也不过是从 General Atlantic 获得5亿美元的基石订单（一种提前订单，对成功发行起到重要作用）。Coben 认为，也许是时间不够，也许是其他投资者不喜欢这笔交易，更也许是硅谷银行和高盛认为他们不需要这样做，General Atlantic 订单已经足以安抚市场。</p><p>Coben 表示，具有讽刺意味的是，<b>如果硅谷银行是一家欧洲银行，那么挽救它免于破产的机会就会更大。</b>在配股发行中，投资银行承销的新股认购，价格通常较经稀释调整后的股价有30%至40%的折扣。重要的是，无论发生什么情况，收益都是有保证的。配股发行使大多数欧洲银行能够在上次金融危机中进行资本重组。</p><p>Coben 还指出，不可否认，硅谷银行的此次发行很难执行。美国投资者大多不熟悉这一机制，当恐慌情绪袭来时，人们很难对一种新的结构产生信心。但这只能说明，没有人有足够的能力来安抚市场的紧张情绪，让他们相信硅谷银行能挺过这场危机。</p></body></html>","source":"live_wallstreetcn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>引爆银行业危机的那场融资，硅谷银行和高盛做错了什么？</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n引爆银行业危机的那场融资，硅谷银行和高盛做错了什么？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 19:20 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3684091><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>作者：韩旭阳分析师认为，硅谷银行此次股份发行忽视了之前银行业资本重组带来的教训。3月8日晚间，硅谷银行宣布计划通过发行普通股、优先股、定向增发等方式紧急融资22.5亿美元，由高盛牵头，General Atlantic 同意以发行价购买5亿美元的普通股。这可以说是为硅谷银行量身定制的救援计划。幸运的是，硅谷银行所筹集的资金超过了其出售几乎所有“可供出售”（AFS）债券投资组合而损失的18亿美元。但到...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3684091\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1579139b153ce91533ea4e38eb811ce0","relate_stocks":{"GS":"高盛"},"source_url":"https://wallstreetcn.com/articles/3684091","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1102976070","content_text":"作者：韩旭阳分析师认为，硅谷银行此次股份发行忽视了之前银行业资本重组带来的教训。3月8日晚间，硅谷银行宣布计划通过发行普通股、优先股、定向增发等方式紧急融资22.5亿美元，由高盛牵头，General Atlantic 同意以发行价购买5亿美元的普通股。这可以说是为硅谷银行量身定制的救援计划。幸运的是，硅谷银行所筹集的资金超过了其出售几乎所有“可供出售”（AFS）债券投资组合而损失的18亿美元。但到了第二天，这次发行却惊人地失败了：储户纷纷提款，股价暴跌，投资者不愿以任何价格购买这些股票。周二，前美国银行股权资本市场全球主管、金融服务公司 Seda Experts 董事总经理 Craig Coben 在发表在媒体的专栏文章中表示，虽然现在讨论硅谷银行是否资不抵债，或是否本可以免于破产还为时过早，但此次股票发行似乎忽略了一个关键问题——2008-2009年银行业资本重组带来的教训。Coben 曾参与过欧洲金融危机时期的几次银行业资本重组。他认为，在动荡的资本市场中，“愚蠢和聪明之间只有一线之隔”。有几个指导原则是至关重要的，一是筹集股本要比需要的多，也要比监管机构要求的多，不要只是填补资金缺口；二是股票发行必须需要承销。在这两个方面，尤其是第二个方面，硅谷银行的股票发行都失败了。硅谷银行此前宣布，其出售的210亿美元债券投资资产，因利率上升而遭遇18亿美元税后亏损，因此计划通过发行普通股、优先股、定向增发等方式紧急融资22.5亿美元，以弥补损失。华尔街见闻此前提及，在平时，硅谷银行的融资声明并不会引发太多联想，然而与此同时，“币圈友好银行”Silvergate 也宣告倒闭。想象这个场景：币圈银行暴雷的新闻还在电视上滚动播放时，一家有近40年历史的大银行却宣布出现巨额亏损，需要融资。这显然会令市场揣测，这家大银行是不是遭遇了流动性危机，所以急于融资脱困。投资者早在2008年的金融危机中就认识到，银行的问题很少是孤立的或得到有效控制的。Coben 认为，更大的问题是，硅谷银行的此次发行没有进行股票承销，也没有进行股份认购。理想情况下，高盛会在股票发行前与一小群投资者进行“穿越墙”（Wall-Crossing）式的交谈。 这是一个向投资者披露重大非公开信息、秘密试探投资者是否有兴趣参与交易的流程。但高盛能想出的最好办法，也不过是从 General Atlantic 获得5亿美元的基石订单（一种提前订单，对成功发行起到重要作用）。Coben 认为，也许是时间不够，也许是其他投资者不喜欢这笔交易，更也许是硅谷银行和高盛认为他们不需要这样做，General Atlantic 订单已经足以安抚市场。Coben 表示，具有讽刺意味的是，如果硅谷银行是一家欧洲银行，那么挽救它免于破产的机会就会更大。在配股发行中，投资银行承销的新股认购，价格通常较经稀释调整后的股价有30%至40%的折扣。重要的是，无论发生什么情况，收益都是有保证的。配股发行使大多数欧洲银行能够在上次金融危机中进行资本重组。Coben 还指出，不可否认，硅谷银行的此次发行很难执行。美国投资者大多不熟悉这一机制，当恐慌情绪袭来时，人们很难对一种新的结构产生信心。但这只能说明，没有人有足够的能力来安抚市场的紧张情绪，让他们相信硅谷银行能挺过这场危机。","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953181913,"gmtCreate":1673189688032,"gmtModify":1676538796837,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"😓😓🥳","listText":"😓😓🥳","text":"😓😓🥳","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953181913","isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950765734,"gmtCreate":1672840236828,"gmtModify":1676538745619,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻👍🏻👍🏻👍🏻","listText":"👍🏻👍🏻👍🏻👍🏻","text":"👍🏻👍🏻👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950765734","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927156029,"gmtCreate":1672425332461,"gmtModify":1676538690208,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻👍🏻👍🏻","listText":"👍🏻👍🏻👍🏻","text":"👍🏻👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927156029","isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927130853,"gmtCreate":1672414954473,"gmtModify":1676538688346,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927130853","isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925782434,"gmtCreate":1672109514228,"gmtModify":1676538635601,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"😞😞😞😞","listText":"😞😞😞😞","text":"😞😞😞😞","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925782434","isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925039486,"gmtCreate":1671861898446,"gmtModify":1676538604986,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻👍🏻👍🏻👍🏻","listText":"👍🏻👍🏻👍🏻👍🏻","text":"👍🏻👍🏻👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925039486","isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271413644963920,"gmtCreate":1707300975491,"gmtModify":1707300978838,"author":{"id":"4134296318764822","authorId":"4134296318764822","name":"安安0715","avatar":"https://community-static.tradeup.com/news/28d0bdd0858a6458880e874a092e0488","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4134296318764822","authorIdStr":"4134296318764822"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271413644963920","repostId":"2409423256","repostType":2,"repost":{"id":"2409423256","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1707274895,"share":"https://ttm.financial/m/news/2409423256?lang=&edition=fundamental","pubTime":"2024-02-07 11:01","market":"us","language":"en","title":"Alibaba's Earnings Are Under the Microscope. What to Expect","url":"https://stock-news.laohu8.com/highlight/detail?id=2409423256","media":"Dow Jones","summary":"Alibaba's quarterly results, due Wednesday, come at a chaotic time, with Chinese markets in the midst of a volatile stretch because of continuing concerns about the health of the world's second-largest economy. Earnings from the e-commerce and cloud-computing company could add to the fear -- or help a recent bounce in stock prices to continue.Alibaba is expected to report earnings of 2.39 Chinese yuan  a share on revenue of 261 billion yuan  in the December quarter, based on the expectations of analysts surveyed by FactSet. Results in line with estimates would represent a 1% decline in earnings from a year earlier, with a gain of 5% for revenue.Alibaba has had a tough few years. Beijing's regulatory crackdowns on tech and Covid-19 lockdowns wreaked havoc on its stock, sending the price down more than 70% from a late-2020 peak to the start of 2023. A recovery expected last year never materialized as China's economy stagnated and came under further strain from the country's sprawling and","content":"<html><head></head><body><p style=\"text-align: start;\">Alibaba’s quarterly results, due Wednesday, come at a chaotic time, with Chinese markets in the midst of a volatile stretch because of continuing concerns about the health of the world’s second-largest economy. Earnings from the e-commerce and cloud-computing company could add to the fear—or help a recent bounce in stock prices to continue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0c09ecf059d05ac0eb5054ffcce28d7\" alt=\"Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.\" title=\"Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.\" tg-width=\"952\" tg-height=\"637\"/><span>Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.</span></p><p style=\"text-align: start;\">Alibaba is expected to report earnings of 2.39 Chinese yuan (34 cents) a share on revenue of 261 billion yuan ($36.7 billion) in the December quarter, based on the expectations of analysts surveyed by FactSet. Results in line with estimates would represent a 1% decline in earnings from a year earlier, with a gain of 5% for revenue.</p><p>If those growth numbers seem anemic—a far cry from the days of Alibaba’s double-digit sales growth—it is because they are. The company and its core domestic e-commerce business have been hit hard by China’s economic slowdown over the past year. Not only does Alibaba face pressure because consumers are less willing to spend, budget-friendly rivals such as PDD are competing for their money. </p><p>Alibaba has had a tough few years. Beijing’s regulatory crackdowns on tech and Covid-19 lockdowns wreaked havoc on its stock, sending the price down more than 70% from a late-2020 peak to the start of 2023. A recovery expected last year never materialized as China’s economy stagnated and came under further strain from the country’s sprawling and indebted property sector.</p><p>Alibaba stock has continued to fall, losing more than a quarter of its value in the past 12 months.</p><p>The start of 2024 has brought few changes: Chinese stocks remain volatile as investors worry over the economy and hope that effective government stimulus will finally materialize. Alibaba’s quarterly earnings could add color to the picture as results from the core e-commerce business offer signals about wider consumption trends.</p><p>Positive news could help prolong recent gains—Alibaba stock was up 3.7% on Tuesday—while a disappointment could slam on the brakes. Tech names like JD.com, PDD, and Baidu are especially likely to be affected.</p><p>A secondary focus will be on the company’s cloud computing and artificial intelligence arm. Exports of high-tech chips to China have collapsed amid geopolitical tensions with the U.S., hurting Alibaba’s cloud and AI division and scuttling its plans to spin off the business.</p><p>Spinoff or restructuring plans more broadly could also play an important role in Wednesday’s release. Alibaba announced last March that it would split itself up, transforming from a conglomerate to holding company in a bid to unlock value for shareholders, including spinning off a number of its businesses. The issue with chips shelved its plans for the cloud division, but a wider drying-up of Chinese capital markets has put other spinoffs in jeopardy, too.</p><p>Alibaba has used its earnings releases as an opportunity to break news about its restructuring, so another update on Wednesday wouldn’t be a surprise. Even if surprises are the last thing that investors want right now.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba's Earnings Are Under the Microscope. What to Expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba's Earnings Are Under the Microscope. What to Expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-02-07 11:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Alibaba’s quarterly results, due Wednesday, come at a chaotic time, with Chinese markets in the midst of a volatile stretch because of continuing concerns about the health of the world’s second-largest economy. Earnings from the e-commerce and cloud-computing company could add to the fear—or help a recent bounce in stock prices to continue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0c09ecf059d05ac0eb5054ffcce28d7\" alt=\"Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.\" title=\"Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.\" tg-width=\"952\" tg-height=\"637\"/><span>Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.</span></p><p style=\"text-align: start;\">Alibaba is expected to report earnings of 2.39 Chinese yuan (34 cents) a share on revenue of 261 billion yuan ($36.7 billion) in the December quarter, based on the expectations of analysts surveyed by FactSet. Results in line with estimates would represent a 1% decline in earnings from a year earlier, with a gain of 5% for revenue.</p><p>If those growth numbers seem anemic—a far cry from the days of Alibaba’s double-digit sales growth—it is because they are. The company and its core domestic e-commerce business have been hit hard by China’s economic slowdown over the past year. Not only does Alibaba face pressure because consumers are less willing to spend, budget-friendly rivals such as PDD are competing for their money. </p><p>Alibaba has had a tough few years. Beijing’s regulatory crackdowns on tech and Covid-19 lockdowns wreaked havoc on its stock, sending the price down more than 70% from a late-2020 peak to the start of 2023. A recovery expected last year never materialized as China’s economy stagnated and came under further strain from the country’s sprawling and indebted property sector.</p><p>Alibaba stock has continued to fall, losing more than a quarter of its value in the past 12 months.</p><p>The start of 2024 has brought few changes: Chinese stocks remain volatile as investors worry over the economy and hope that effective government stimulus will finally materialize. Alibaba’s quarterly earnings could add color to the picture as results from the core e-commerce business offer signals about wider consumption trends.</p><p>Positive news could help prolong recent gains—Alibaba stock was up 3.7% on Tuesday—while a disappointment could slam on the brakes. Tech names like JD.com, PDD, and Baidu are especially likely to be affected.</p><p>A secondary focus will be on the company’s cloud computing and artificial intelligence arm. Exports of high-tech chips to China have collapsed amid geopolitical tensions with the U.S., hurting Alibaba’s cloud and AI division and scuttling its plans to spin off the business.</p><p>Spinoff or restructuring plans more broadly could also play an important role in Wednesday’s release. Alibaba announced last March that it would split itself up, transforming from a conglomerate to holding company in a bid to unlock value for shareholders, including spinning off a number of its businesses. The issue with chips shelved its plans for the cloud division, but a wider drying-up of Chinese capital markets has put other spinoffs in jeopardy, too.</p><p>Alibaba has used its earnings releases as an opportunity to break news about its restructuring, so another update on Wednesday wouldn’t be a surprise. Even if surprises are the last thing that investors want right now.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409423256","content_text":"Alibaba’s quarterly results, due Wednesday, come at a chaotic time, with Chinese markets in the midst of a volatile stretch because of continuing concerns about the health of the world’s second-largest economy. Earnings from the e-commerce and cloud-computing company could add to the fear—or help a recent bounce in stock prices to continue.Alibaba has come under pressure in recent quarters as China’s slowing economy hit online retail sales.Alibaba is expected to report earnings of 2.39 Chinese yuan (34 cents) a share on revenue of 261 billion yuan ($36.7 billion) in the December quarter, based on the expectations of analysts surveyed by FactSet. Results in line with estimates would represent a 1% decline in earnings from a year earlier, with a gain of 5% for revenue.If those growth numbers seem anemic—a far cry from the days of Alibaba’s double-digit sales growth—it is because they are. The company and its core domestic e-commerce business have been hit hard by China’s economic slowdown over the past year. Not only does Alibaba face pressure because consumers are less willing to spend, budget-friendly rivals such as PDD are competing for their money. Alibaba has had a tough few years. Beijing’s regulatory crackdowns on tech and Covid-19 lockdowns wreaked havoc on its stock, sending the price down more than 70% from a late-2020 peak to the start of 2023. A recovery expected last year never materialized as China’s economy stagnated and came under further strain from the country’s sprawling and indebted property sector.Alibaba stock has continued to fall, losing more than a quarter of its value in the past 12 months.The start of 2024 has brought few changes: Chinese stocks remain volatile as investors worry over the economy and hope that effective government stimulus will finally materialize. Alibaba’s quarterly earnings could add color to the picture as results from the core e-commerce business offer signals about wider consumption trends.Positive news could help prolong recent gains—Alibaba stock was up 3.7% on Tuesday—while a disappointment could slam on the brakes. Tech names like JD.com, PDD, and Baidu are especially likely to be affected.A secondary focus will be on the company’s cloud computing and artificial intelligence arm. Exports of high-tech chips to China have collapsed amid geopolitical tensions with the U.S., hurting Alibaba’s cloud and AI division and scuttling its plans to spin off the business.Spinoff or restructuring plans more broadly could also play an important role in Wednesday’s release. Alibaba announced last March that it would split itself up, transforming from a conglomerate to holding company in a bid to unlock value for shareholders, including spinning off a number of its businesses. The issue with chips shelved its plans for the cloud division, but a wider drying-up of Chinese capital markets has put other spinoffs in jeopardy, too.Alibaba has used its earnings releases as an opportunity to break news about its restructuring, so another update on Wednesday wouldn’t be a surprise. 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