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04-16

$特斯拉(TSLA)$ bull market waits for no one, all in！

2025-08-22

TQQQ buy the dip！

2025-06-02

Sky is the limit

2024-04-08

$超微电脑(SMCI)$ 1100

2024-01-21

2024-01-16

$美国超微公司(AMD)$

2021-05-30

Mark

Sorry, the original content has been removed

2021-05-09

6

Naixue plans to be heard on Hong Kong Stock Exchange on May 13th and is expected to be listed in mid-early June

2021-04-11

6

Sorry, the original content has been removed

2021-01-21

666

Sorry, the original content has been removed

2021-01-08

?

Musk rises to $185 billion, officially promoted to world's richest man

2020-12-17

Niu

Upstart, a "online lending Upstart" in the United States, went public and surged 33% at the opening

2020-11-27

?

Sorry, the original content has been removed

2020-11-03

Mark

Opening: Three major U.S. stock indexes open higher across the board, Nio shares hit record highs

2020-04-07

$三倍做多能源ETF-Direxion(ERX)$Nice

Go to Tiger App to see more news

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1100","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/293132061618336","isVote":1,"tweetType":1,"viewCount":2963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":265311730909368,"gmtCreate":1705795719272,"gmtModify":1705795724821,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$ </a>&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$ </a>&nbsp;","text":"$苹果(AAPL)$","images":[{"img":"https://static.tigerbbs.com/c099a15a0e39231f450e57cbc4296a08","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265311730909368","isVote":1,"tweetType":1,"viewCount":3366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":263463593025656,"gmtCreate":1705356167314,"gmtModify":1705356172867,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AMD\">$美国超微公司(AMD)$ </a>&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMD\">$美国超微公司(AMD)$ </a>&nbsp;","text":"$美国超微公司(AMD)$","images":[{"img":"https://static.tigerbbs.com/b5a13a373f8d92cd1cbd8f8150947558","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/263463593025656","isVote":1,"tweetType":1,"viewCount":2936,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":137110318,"gmtCreate":1622327392734,"gmtModify":1704182942508,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"Mark&nbsp;","listText":"Mark&nbsp;","text":"Mark","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137110318","repostId":"1175020249","repostType":4,"isVote":1,"tweetType":1,"viewCount":4331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107223033,"gmtCreate":1620515235022,"gmtModify":1704344405485,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"6","listText":"6","text":"6","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107223033","repostId":"1133900125","repostType":4,"repost":{"id":"1133900125","kind":"news","pubTimestamp":1620457507,"share":"https://ttm.financial/m/news/1133900125?lang=en_US&edition=fundamental","pubTime":"2021-05-08 15:05","market":"hk","language":"zh","title":"Naixue plans to be heard on Hong Kong Stock Exchange on May 13th and is expected to be listed in mid-early June","url":"https://stock-news.laohu8.com/highlight/detail?id=1133900125","media":"腾讯新闻","summary":"5月8日，腾讯新闻《潜望》独家获悉，奈雪计划于5月13日聆讯。按照港交所上市流程，奈雪或将在6月中上旬完成上市。关于此次IPO募资的具体额度，预计奈雪将在5月最后一周确定。此外，腾讯新闻《潜望》获悉，","content":"<p><img src=\"https://static.tigerbbs.com/e96e2889a7577f7ebb7f4c3b53fef19d\" tg-width=\"766\" tg-height=\"503\" referrerpolicy=\"no-referrer\">On May 8th, Tencent News \"Perspective\" was exclusively informed that Naixue plans to hear on May 13th. According to the listing process of Hong Kong Stock Exchange, Naixue may complete its listing in mid-early June.</p><p>Regarding the specific amount of fundraising for this IPO, it is expected that Naixue will be determined in the last week of May. In addition, Tencent News \"Perspective\" learned that Naixue's planned fund-raising amount is about 600 million US dollars. Based on its issuance of 15% shares, Naixue is estimated to be valued at about $4 billion, equivalent to about HK$31 billion.</p><p>As of press time, Tencent News \"Perspective\" has not been able to contact Naixue and its sponsor JPMorgan Chase for comment.</p><p><b>Investors worry about Nayuki's overvaluation</b></p><p>In the past 5 years, Naixue has made 5 financing. In addition to Tiantu Capital starting three consecutive rounds of investment at the earliest, Naixue received another $100 million in financing from PAG Pacific Investment Group in 2020.</p><p>Bloomberg reports that Nayuki is valued at $2 billion after securing financing from PAG Pacific Investment. This is also Naixue's last round of fundraising before the IPO.</p><p>In other words, compared with the last round of financing before IPO, Naixue's current valuation has about doubled.</p><p>Some large institutional investors told Tencent News \"Perspective\" that Naixue is a good company, but are worried that the final valuation is too expensive. Previous market rumors said that Naixue was valued at HK$35 billion.</p><p>Compared with the market sentiment when Naixue launched its listing in February this year, the current institutional investors are more cautious about Naixue's valuation. Some institutional investors valued it at about HK$ 30 billion, but some institutional investors who were keen on Naixue still followed the previous valuation, and even gave a valuation of HK$ 40 billion.</p><p>Some large institutional investors told Tencent News \"First Line\" that if the valuation is reasonable, they will consider placing an order. The order prices of these large institutional investors will directly affect the final pricing range of Nayuki.</p><p>In the past week, many institutional investors have been nervously waiting for the decision of Naixue's listing team and management, that is, to finalize the cornerstone list. Tencent News \"Perspective\" learned that there are many institutions that hope to be the cornerstone investors of Naixue, and the final cornerstone list will be finalized after the hearing next week.</p><p><b>Naixue's three-year loss exceeds 100 million investors worry about its ability to make money</b></p><p>In the previous non-trading roadshow, investors' worries about Naixue were concentrated: the ability to make money in the future. The answer given by management is also well understood, that is, with scale, costs will dilute and profits will rise.</p><p>Nayuki is still in a loss at present. According to the financial report, Naixue's revenue in 2018, 2019 and the first three quarters of 2020 was 1.087 billion yuan, 2.502 billion yuan and 2.115 billion yuan respectively, while its net losses were 69.73 million yuan, 39.68 million yuan and 27.51 million yuan respectively.</p><p>Like other FMCG industries, investors pay more attention to the same-store sales and same-store profits in Naixue's prospectus.</p><p>According to Nayuki's prospectus, there were 49 stores with business hours of no less than 300 days in 2018 and 2019. Judging from the data of 2018 and 2019 alone, Naixue's same-store net profit was 1.453 million yuan and 1.414 million yuan respectively.</p><p>Generally speaking, the reasonable range of same-store profit margin is about 20%, an institutional investor who has invested in the consumer sector for a long time told Tencent News Perspective.</p><p>According to the data of the first two full fiscal years, Naixue's single store profit is not bad. According to the prospectus, Nayuki's same-store profit margin was 24.9%, 25.3% and 12.6% in 2018, 2019 and the first three quarters of 2020, respectively. Among them, the same-store profit margin in 2020 was greatly affected by the pandemic.</p><p>However, manpower accounts for a large proportion of Naixue's costs. Naixue's prospectus shows that its labor costs remain high. In 2018, the staff cost was 340 million yuan, accounting for 31.3% of the total cost. In 2019, the staff cost was 750 million yuan, accounting for 30% of the total cost. This expense is about the same as Naixue's material cost, which was 380 million yuan and 910 million yuan in 2018 and 2019, respectively.</p><p>That is to say, with the gradual increase of domestic labor costs in the future, the labor expenses that Naixue needs to bear will be higher and higher. More importantly, Nayuki's stores are all concentrated in first-, second-and quasi-second-tier cities, where labor costs will continue to be high for the foreseeable future.</p><p>Although the total cost of Naixue will be somewhat diluted with the expansion of scale in the future, after the stores in first-and second-tier cities are saturated, the benefits of single stores may decrease in the process of Naixue continuing to sink in other cities. This means that it will be difficult for Naixue to continue to maintain a single-store profit margin of more than 20%.</p><p>An institutional investor, who mainly invests in consumption in the secondary market, told Tencent News Perspective that after studying Naixue's data, his institution finally decided not to invest.</p><p>There are not a few such investors, and some people look forward to the competing product Heytea, which will also be listed in Hong Kong in the future. Some investors who have seen Heytea's financial data revealed to Tencent News \"Perspective\" that compared with Naixue, Heytea's profitability is much better than Naixue, and its cost control is better, which is more suitable for long-term investors.</p>","source":"TXXW","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>Naixue plans to be heard on Hong Kong Stock Exchange on May 13th and is expected to be listed in mid-early June</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNaixue plans to be heard on Hong Kong Stock Exchange on May 13th and is expected to be listed in mid-early June\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯新闻</strong><span class=\"h-time small\">2021-05-08 15:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/e96e2889a7577f7ebb7f4c3b53fef19d\" tg-width=\"766\" tg-height=\"503\" referrerpolicy=\"no-referrer\">On May 8th, Tencent News \"Perspective\" was exclusively informed that Naixue plans to hear on May 13th. According to the listing process of Hong Kong Stock Exchange, Naixue may complete its listing in mid-early June.</p><p>Regarding the specific amount of fundraising for this IPO, it is expected that Naixue will be determined in the last week of May. In addition, Tencent News \"Perspective\" learned that Naixue's planned fund-raising amount is about 600 million US dollars. Based on its issuance of 15% shares, Naixue is estimated to be valued at about $4 billion, equivalent to about HK$31 billion.</p><p>As of press time, Tencent News \"Perspective\" has not been able to contact Naixue and its sponsor JPMorgan Chase for comment.</p><p><b>Investors worry about Nayuki's overvaluation</b></p><p>In the past 5 years, Naixue has made 5 financing. In addition to Tiantu Capital starting three consecutive rounds of investment at the earliest, Naixue received another $100 million in financing from PAG Pacific Investment Group in 2020.</p><p>Bloomberg reports that Nayuki is valued at $2 billion after securing financing from PAG Pacific Investment. This is also Naixue's last round of fundraising before the IPO.</p><p>In other words, compared with the last round of financing before IPO, Naixue's current valuation has about doubled.</p><p>Some large institutional investors told Tencent News \"Perspective\" that Naixue is a good company, but are worried that the final valuation is too expensive. Previous market rumors said that Naixue was valued at HK$35 billion.</p><p>Compared with the market sentiment when Naixue launched its listing in February this year, the current institutional investors are more cautious about Naixue's valuation. Some institutional investors valued it at about HK$ 30 billion, but some institutional investors who were keen on Naixue still followed the previous valuation, and even gave a valuation of HK$ 40 billion.</p><p>Some large institutional investors told Tencent News \"First Line\" that if the valuation is reasonable, they will consider placing an order. The order prices of these large institutional investors will directly affect the final pricing range of Nayuki.</p><p>In the past week, many institutional investors have been nervously waiting for the decision of Naixue's listing team and management, that is, to finalize the cornerstone list. Tencent News \"Perspective\" learned that there are many institutions that hope to be the cornerstone investors of Naixue, and the final cornerstone list will be finalized after the hearing next week.</p><p><b>Naixue's three-year loss exceeds 100 million investors worry about its ability to make money</b></p><p>In the previous non-trading roadshow, investors' worries about Naixue were concentrated: the ability to make money in the future. The answer given by management is also well understood, that is, with scale, costs will dilute and profits will rise.</p><p>Nayuki is still in a loss at present. According to the financial report, Naixue's revenue in 2018, 2019 and the first three quarters of 2020 was 1.087 billion yuan, 2.502 billion yuan and 2.115 billion yuan respectively, while its net losses were 69.73 million yuan, 39.68 million yuan and 27.51 million yuan respectively.</p><p>Like other FMCG industries, investors pay more attention to the same-store sales and same-store profits in Naixue's prospectus.</p><p>According to Nayuki's prospectus, there were 49 stores with business hours of no less than 300 days in 2018 and 2019. Judging from the data of 2018 and 2019 alone, Naixue's same-store net profit was 1.453 million yuan and 1.414 million yuan respectively.</p><p>Generally speaking, the reasonable range of same-store profit margin is about 20%, an institutional investor who has invested in the consumer sector for a long time told Tencent News Perspective.</p><p>According to the data of the first two full fiscal years, Naixue's single store profit is not bad. According to the prospectus, Nayuki's same-store profit margin was 24.9%, 25.3% and 12.6% in 2018, 2019 and the first three quarters of 2020, respectively. Among them, the same-store profit margin in 2020 was greatly affected by the pandemic.</p><p>However, manpower accounts for a large proportion of Naixue's costs. Naixue's prospectus shows that its labor costs remain high. In 2018, the staff cost was 340 million yuan, accounting for 31.3% of the total cost. In 2019, the staff cost was 750 million yuan, accounting for 30% of the total cost. This expense is about the same as Naixue's material cost, which was 380 million yuan and 910 million yuan in 2018 and 2019, respectively.</p><p>That is to say, with the gradual increase of domestic labor costs in the future, the labor expenses that Naixue needs to bear will be higher and higher. More importantly, Nayuki's stores are all concentrated in first-, second-and quasi-second-tier cities, where labor costs will continue to be high for the foreseeable future.</p><p>Although the total cost of Naixue will be somewhat diluted with the expansion of scale in the future, after the stores in first-and second-tier cities are saturated, the benefits of single stores may decrease in the process of Naixue continuing to sink in other cities. This means that it will be difficult for Naixue to continue to maintain a single-store profit margin of more than 20%.</p><p>An institutional investor, who mainly invests in consumption in the secondary market, told Tencent News Perspective that after studying Naixue's data, his institution finally decided not to invest.</p><p>There are not a few such investors, and some people look forward to the competing product Heytea, which will also be listed in Hong Kong in the future. Some investors who have seen Heytea's financial data revealed to Tencent News \"Perspective\" that compared with Naixue, Heytea's profitability is much better than Naixue, and its cost control is better, which is more suitable for long-term investors.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://new.qq.com/omn/20210508/20210508A062YL00.html\">腾讯新闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e96e2889a7577f7ebb7f4c3b53fef19d","relate_stocks":{},"source_url":"https://new.qq.com/omn/20210508/20210508A062YL00.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133900125","content_text":"5月8日，腾讯新闻《潜望》独家获悉，奈雪计划于5月13日聆讯。按照港交所上市流程，奈雪或将在6月中上旬完成上市。关于此次IPO募资的具体额度，预计奈雪将在5月最后一周确定。此外，腾讯新闻《潜望》获悉，奈雪此次计划的募资额约6亿美元。以其发行15%股份来计，奈雪预计估值约40亿美元，折合港币约310亿。截至发稿，腾讯新闻《潜望》暂未能联系奈雪及其保荐人摩根大通等置评。投资者忧奈雪估值过高奈雪在过去5年中，共进行了5次融资。除了天图资本最早开始连续三轮投资外，奈雪于2020年又获得了PAG太盟投资集团等1亿美金的融资。彭博报道称，奈雪在获得PAG太盟投资的融资后，其估值达到20亿美元。这也是奈雪在IPO前的最后一轮募资。也就是说，相较于IPO前最后一轮融资，奈雪当前的估值翻了约一倍。一些大型机构投资者对腾讯新闻《潜望》表示，奈雪是一家不错的公司，但是担心最后确定的估值太贵。之前市场传闻，奈雪估值为350亿港元。相较于奈雪今年2月启动上市时的市场情绪，当前机构投资者对于奈雪的估值较为谨慎。部分机构投资者对其估值约300亿港元，但是也有部分热衷于奈雪的机构投资者则依旧按照之前的估值，甚至还有给出400亿港元估值的。一些大型机构投资者对腾讯新闻《一线》表示，若是估值合理，会考虑下单。这些大型机构投资者的下单价格会直接影响奈雪最后定价区间。过去这一周，不少机构投资者都在紧张等待奈雪上市团队及管理层的决定，即最后敲定基石名单。腾讯新闻《潜望》获悉，希望做奈雪基石投资者的机构不少，最终的基石名单将在下周聆讯结束后敲定。奈雪三年亏损超1亿 投资者忧其赚钱能力在此前的非交易路演中，投资者对于奈雪的担忧比较集中：未来赚钱的能力。管理层给出的回答也很好理解，即随着规模起来，成本会摊薄，利润也会起来。奈雪当前依旧处于亏损状态。财报显示，奈雪于2018年、2019年以及2020年前三季度的收入分别为10.87亿、25.02亿元、21.15亿元，而其净亏损分别为6973万、3968万、2751万元。和其他快消行业一样，投资者对于奈雪招股书中的同店销售额以及同店利润等数据较为关注。奈雪招股书显示，2018年及2019年满足营业时间不少于300天的店铺为49家。仅以2018年以及2019年全年的数据来看，奈雪的同店净利润分别为145.3万元以及141.4万元。一位长期投资消费领域的机构投资者对腾讯新闻《潜望》表示，一般来说，同店利润率的合理区间大概是20%左右。前两个完整财年的数据来看，奈雪的单店利润还不错。招股书显示，奈雪的同店利润率于2018年、2019年以及2020年前三个季度分别为24.9%、25.3%以及12.6%。其中，2020年的同店利润率受疫情影响比较大。但是奈雪的成本开支中人力占比很大。奈雪的招股书显示，其人力成本居高不下，2018年员工成本为3.4亿元，占总成本的31.3%，2019年员工成本则为7.5亿，占比总成本的30%。这一项开支和奈雪的材料成本不差上下，后者2018年及2019年分别为3.8亿元及9.1亿元。也就是说，未来随着国内人力成本逐渐上涨，奈雪需要承担的人力开支将会越来越高。更为重要的是，奈雪的店铺全部集中在一二线及准二线城市，这些城市的人力成本在可预见的未来会持续高企。尽管未来奈雪随着规模的扩大，总成本会有些许摊薄，但是一二线城市店铺饱和后，奈雪继续下沉其他城市的过程中，单店效益有可能递减。这就意味着奈雪将难以继续维持单店利润率超过20%。一位主要在二级市场投资消费领域的机构投资者对腾讯新闻《潜望》表示，研究完奈雪的数据后，其所在的机构最后决定不投资。这样的投资者不在少数，也有一些人期待后续也将赴港上市的竞品喜茶。一些看过喜茶财务数据的投资者对腾讯新闻《潜望》透露，相较于奈雪来说，喜茶的盈利能力要比奈雪好很多，成本控制做得更好，更适合长期持有的投资者。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346415185,"gmtCreate":1618102081247,"gmtModify":1704706581605,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"6","listText":"6","text":"6","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/346415185","repostId":"1159965822","repostType":4,"isVote":1,"tweetType":1,"viewCount":3746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":337485301,"gmtCreate":1611188605103,"gmtModify":1704858631516,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/337485301","repostId":"1118519553","repostType":2,"isVote":1,"tweetType":1,"viewCount":3404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":336831741,"gmtCreate":1610058690983,"gmtModify":1704981860738,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/336831741","repostId":"1144012142","repostType":4,"repost":{"id":"1144012142","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":1610033205,"share":"https://ttm.financial/m/news/1144012142?lang=en_US&edition=fundamental","pubTime":"2021-01-07 23:26","market":"us","language":"zh","title":"Musk rises to $185 billion, officially promoted to world's richest man","url":"https://stock-news.laohu8.com/highlight/detail?id=1144012142","media":"老虎资讯综合","summary":"彭博亿万富豪指数显示，$特斯拉(TSLA)$CEO马斯克身价升至1850亿美元，超越$亚马逊(AMZN)$CEO贝佐斯成为世界首富。后者自2017年以来一直位于全球富豪榜榜首，目前身价约为1840亿美元。\n\n特斯拉股价在2020年增加了9倍多，加上他不菲的薪酬，其个人净资产在过去一年里增加了逾1500亿美元。与此同时，由于华盛顿方面可能加强监管，亚马逊的股价一直处于较为低迷的状态。\n\n截至发稿，特斯拉涨幅4.6%，盘中创历史新高，总市值近7500亿美元。","content":"<p>The Bloomberg Billionaires Index shows,<b><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>CEO Musk's worth rises to $185 billion, surpassing<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>CEO Bezos becomes the richest man in the world</b>。 The latter has topped the list of the world's richest people since 2017 and is currently worth about $184 billion.</p><p>Tesla's stock price increased more than nine times in 2020, and with his hefty compensation, his personal net worth has increased by more than $150 billion in the past year. At the same time, Amazon's share price has been in a relatively sluggish state due to possible tightening of regulation in Washington.</p><p>As of press time, Tesla was up 4.6%, hitting a record intraday high, with a total market capitalization of nearly $750 billion.</p><p><img src=\"https://static.tigerbbs.com/b773661248993fb9d9ab9415d17c9d62\" tg-width=\"840\" tg-height=\"470\"></p>","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>Musk rises to $185 billion, officially promoted to world's richest man</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nMusk rises to $185 billion, officially promoted to world's richest man\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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 smaller\">2021-01-07 23:26</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The Bloomberg Billionaires Index shows,<b><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>CEO Musk's worth rises to $185 billion, surpassing<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>CEO Bezos becomes the richest man in the world</b>。 The latter has topped the list of the world's richest people since 2017 and is currently worth about $184 billion.</p><p>Tesla's stock price increased more than nine times in 2020, and with his hefty compensation, his personal net worth has increased by more than $150 billion in the past year. At the same time, Amazon's share price has been in a relatively sluggish state due to possible tightening of regulation in Washington.</p><p>As of press time, Tesla was up 4.6%, hitting a record intraday high, with a total market capitalization of nearly $750 billion.</p><p><img src=\"https://static.tigerbbs.com/b773661248993fb9d9ab9415d17c9d62\" tg-width=\"840\" tg-height=\"470\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ca75b75880f0ca2e1b7f689a57bef87c","relate_stocks":{"TSLA":"特斯拉"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144012142","content_text":"彭博亿万富豪指数显示，特斯拉CEO马斯克身价升至1850亿美元，超越亚马逊CEO贝佐斯成为世界首富。后者自2017年以来一直位于全球富豪榜榜首，目前身价约为1840亿美元。特斯拉股价在2020年增加了9倍多，加上他不菲的薪酬，其个人净资产在过去一年里增加了逾1500亿美元。与此同时，由于华盛顿方面可能加强监管，亚马逊的股价一直处于较为低迷的状态。截至发稿，特斯拉涨幅4.6%，盘中创历史新高，总市值近7500亿美元。","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":397918291,"gmtCreate":1608158079313,"gmtModify":1704973595951,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"Niu&nbsp;","listText":"Niu&nbsp;","text":"Niu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/397918291","repostId":"1122306009","repostType":4,"repost":{"id":"1122306009","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":1608140702,"share":"https://ttm.financial/m/news/1122306009?lang=en_US&edition=fundamental","pubTime":"2020-12-17 01:45","market":"us","language":"zh","title":"Upstart, a \"online lending Upstart\" in the United States, went public and surged 33% at the opening","url":"https://stock-news.laohu8.com/highlight/detail?id=1122306009","media":"老虎资讯综合","summary":"周三，美国网贷平台Upstart登陆纳斯达克，公司IPO定价20美元，今日开盘报26美元，截至发稿，大涨超33%。人工智能贷款平台Upstart成立于2012年，总部位于美国加州，是领先的人工智能（","content":"<p>On Wednesday, online lending platforms in the United States<a href=\"https://laohu8.com/S/UPST\">Upstart</a>Listed on Nasdaq, the company's IPO was priced at $20, and it opened at $26 today. As of press time, it rose by more than 33%.</p><p><img src=\"https://static.tigerbbs.com/5a40ee36c31331a4fba7ec3118400ae3\" tg-width=\"840\" tg-height=\"470\"></p><p><b>Artificial intelligence lending platform</b></p><p>Founded in 2012 and headquartered in California, USA, Upstart is a leading artificial intelligence (AI) lending platform designed to help those in need find affordable credit while reducing the risks and costs of banking partners. Upstart's original purpose was to build the connection between young entrepreneurs and investors. In 2014, Upstart, recognizing the trend that future analysis of consumers would be better applied to the personal loan market, turned to the online lending platform it currently operates on, and after seeing<a href=\"https://laohu8.com/S/LC\">LendingClub</a>With the rapid growth, it was found that so many people's loan requests could not be met by traditional banks, and the business idea of providing P2P loans to college graduates began to arise.</p><p><img src=\"https://static.tigerbbs.com/234065ba20a5489de2adc3ec23031dc6\" tg-width=\"600\" tg-height=\"364\"></p><p>Since its inception, Upstart's banking partners have originated 620,000 personal loans, generating more than 9 million repayment events. About 70% of loans powered by Upstart in the nine months ended September 30, 2020 were fully automated.</p><p>Upstart claims to be the leading cloud-based artificial intelligence loan platform in its prospectus, but in layman's terms, it is still an online P2P loan platform. As we all know, a few days ago, Liu Fushou of China Banking and Insurance Regulatory Commission said at the annual financial meeting that domestic P2P online lending institutions have completely returned to zero. So what kind of gap kept this American P2P company from embarking on the old road of annihilation of its Chinese counterparts?</p><p><b>Silicon Valley star executives</b></p><p>The co-founder and CEO of Upstart is Dave Girouard, a former president of Google Enterprise Apps who is widely known for single-handedly building Google's Enterprise Apps division worth more than $1 billion.</p><p><img src=\"https://static.tigerbbs.com/6cab7ad961c7bad22b91784ee0437adf\" tg-width=\"900\" tg-height=\"680\"></p><p>Girouard will own 17.7% of the company upon listing. Google Ventures is also an investor in the company and will own a 1.1% stake in the company upon its listing.</p><p>Girouard sees loopholes in the current credit system. He said young people, particularly millennials, need a better vetting process to predict their credibility in advance, even if they don't currently have enough credit history. Upstart is committed to solving the credit problems of young consumers through innovative big data credit reporting. It believes that traditional credit scores can't describe the future repayment status of young consumers well. On the contrary, the education and background and work experience of these young people are closely related to the future financial status of these consumers.</p><p><b>Business model</b></p><p>Upstart Holding, a company that has proposed an improved machine learning-based credit scoring model, uses 1,600 new data points that more accurately describe the borrower, especially considering the college he attended, the courses he took and even the GPA. The company has accumulated 15 billion data points (input parameters and payment data). As a result, 622,079 loans were originated using the platform. Tests show that with the help of the Upstart score, potential borrowers eligible for a concessional loan will increase by 27%, and the rate reduction on them will average 16%. At the same time, the quality of loans has not deteriorated.</p><p><img src=\"https://static.tigerbbs.com/eca6be16495bb6a0d3223534e33b350a\" tg-width=\"1089\" tg-height=\"471\"></p><p>The company receives commissions from the bank and brings borrowers to the bank, which has access to a cloud-based scoring system, while borrowers get their ratings through a mobile app.</p><p>Banks can also authorize a white-label solution to provide scoring under their own brand, in which case Upstart acts as a kind of technology partner. It now has 10 partner banks, the largest of which is Cross River Bank. Founded in 2008 by French entrepreneur Gilles Gayde, it is currently actively working with fintech. Its clients include operators of marketplaces, electronic payment systems, p2p landings and Ripple cryptocurrency.</p><p><b>Financial Position</b></p><p>According to the prospectus, Upstart's revenue in 2017, 2018 and 2019 was US$57.29 million, US$99.31 million and US$164 million respectively; Upstart generated $147 million in revenue in the first nine months of 2020, compared with $102 million in revenue in the year-ago quarter.</p><p>Upstart's operating losses in 2017, 2018, and 2019 were US$7.536 million, US$7.97 million, and US$4.575 million, respectively; Upstart posted an operating profit of $1.372 million in the first nine months of 2020, compared with an operating loss of $8.09 million in the same period a year earlier.</p><p><img src=\"https://static.tigerbbs.com/631f730273d1906cf81cc698c4be6842\" tg-width=\"1096\" tg-height=\"694\"></p><p>Its profits remained high despite a poor second quarter, in which its partners temporarily suspended lending at the start of the pandemic, resulting in a 71% drop in loan transactions and a 47% drop in revenue in the second quarter. The company posted a profit of approximately $4.6 million in the first nine months of 2020, compared to a net substitution of nearly $10 million in the same period last year.</p><p>Upstart had $53.2 million in cash and $194.6 million in total liabilities as of September 30, 2020. Free cash flow was negative ($45.5 million) for the twelve months ended September 30, 2020. From the prospectus, Upstart has expanded its business from personal loans to auto loans, credit cards, mortgages, student loans, point-of-sale loans, etc. In June 2020, Upstart began offering auto loans on the platform of, while in September 2020, the first auto loan was originated through the Upstart platform.</p>","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>Upstart, a \"online lending Upstart\" in the United States, went public and surged 33% at the opening</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nUpstart, a \"online lending Upstart\" in the United States, went public and surged 33% at the opening\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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 smaller\">2020-12-17 01:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On Wednesday, online lending platforms in the United States<a href=\"https://laohu8.com/S/UPST\">Upstart</a>Listed on Nasdaq, the company's IPO was priced at $20, and it opened at $26 today. As of press time, it rose by more than 33%.</p><p><img src=\"https://static.tigerbbs.com/5a40ee36c31331a4fba7ec3118400ae3\" tg-width=\"840\" tg-height=\"470\"></p><p><b>Artificial intelligence lending platform</b></p><p>Founded in 2012 and headquartered in California, USA, Upstart is a leading artificial intelligence (AI) lending platform designed to help those in need find affordable credit while reducing the risks and costs of banking partners. Upstart's original purpose was to build the connection between young entrepreneurs and investors. In 2014, Upstart, recognizing the trend that future analysis of consumers would be better applied to the personal loan market, turned to the online lending platform it currently operates on, and after seeing<a href=\"https://laohu8.com/S/LC\">LendingClub</a>With the rapid growth, it was found that so many people's loan requests could not be met by traditional banks, and the business idea of providing P2P loans to college graduates began to arise.</p><p><img src=\"https://static.tigerbbs.com/234065ba20a5489de2adc3ec23031dc6\" tg-width=\"600\" tg-height=\"364\"></p><p>Since its inception, Upstart's banking partners have originated 620,000 personal loans, generating more than 9 million repayment events. About 70% of loans powered by Upstart in the nine months ended September 30, 2020 were fully automated.</p><p>Upstart claims to be the leading cloud-based artificial intelligence loan platform in its prospectus, but in layman's terms, it is still an online P2P loan platform. As we all know, a few days ago, Liu Fushou of China Banking and Insurance Regulatory Commission said at the annual financial meeting that domestic P2P online lending institutions have completely returned to zero. So what kind of gap kept this American P2P company from embarking on the old road of annihilation of its Chinese counterparts?</p><p><b>Silicon Valley star executives</b></p><p>The co-founder and CEO of Upstart is Dave Girouard, a former president of Google Enterprise Apps who is widely known for single-handedly building Google's Enterprise Apps division worth more than $1 billion.</p><p><img src=\"https://static.tigerbbs.com/6cab7ad961c7bad22b91784ee0437adf\" tg-width=\"900\" tg-height=\"680\"></p><p>Girouard will own 17.7% of the company upon listing. Google Ventures is also an investor in the company and will own a 1.1% stake in the company upon its listing.</p><p>Girouard sees loopholes in the current credit system. He said young people, particularly millennials, need a better vetting process to predict their credibility in advance, even if they don't currently have enough credit history. Upstart is committed to solving the credit problems of young consumers through innovative big data credit reporting. It believes that traditional credit scores can't describe the future repayment status of young consumers well. On the contrary, the education and background and work experience of these young people are closely related to the future financial status of these consumers.</p><p><b>Business model</b></p><p>Upstart Holding, a company that has proposed an improved machine learning-based credit scoring model, uses 1,600 new data points that more accurately describe the borrower, especially considering the college he attended, the courses he took and even the GPA. The company has accumulated 15 billion data points (input parameters and payment data). As a result, 622,079 loans were originated using the platform. Tests show that with the help of the Upstart score, potential borrowers eligible for a concessional loan will increase by 27%, and the rate reduction on them will average 16%. At the same time, the quality of loans has not deteriorated.</p><p><img src=\"https://static.tigerbbs.com/eca6be16495bb6a0d3223534e33b350a\" tg-width=\"1089\" tg-height=\"471\"></p><p>The company receives commissions from the bank and brings borrowers to the bank, which has access to a cloud-based scoring system, while borrowers get their ratings through a mobile app.</p><p>Banks can also authorize a white-label solution to provide scoring under their own brand, in which case Upstart acts as a kind of technology partner. It now has 10 partner banks, the largest of which is Cross River Bank. Founded in 2008 by French entrepreneur Gilles Gayde, it is currently actively working with fintech. Its clients include operators of marketplaces, electronic payment systems, p2p landings and Ripple cryptocurrency.</p><p><b>Financial Position</b></p><p>According to the prospectus, Upstart's revenue in 2017, 2018 and 2019 was US$57.29 million, US$99.31 million and US$164 million respectively; Upstart generated $147 million in revenue in the first nine months of 2020, compared with $102 million in revenue in the year-ago quarter.</p><p>Upstart's operating losses in 2017, 2018, and 2019 were US$7.536 million, US$7.97 million, and US$4.575 million, respectively; Upstart posted an operating profit of $1.372 million in the first nine months of 2020, compared with an operating loss of $8.09 million in the same period a year earlier.</p><p><img src=\"https://static.tigerbbs.com/631f730273d1906cf81cc698c4be6842\" tg-width=\"1096\" tg-height=\"694\"></p><p>Its profits remained high despite a poor second quarter, in which its partners temporarily suspended lending at the start of the pandemic, resulting in a 71% drop in loan transactions and a 47% drop in revenue in the second quarter. The company posted a profit of approximately $4.6 million in the first nine months of 2020, compared to a net substitution of nearly $10 million in the same period last year.</p><p>Upstart had $53.2 million in cash and $194.6 million in total liabilities as of September 30, 2020. Free cash flow was negative ($45.5 million) for the twelve months ended September 30, 2020. From the prospectus, Upstart has expanded its business from personal loans to auto loans, credit cards, mortgages, student loans, point-of-sale loans, etc. In June 2020, Upstart began offering auto loans on the platform of, while in September 2020, the first auto loan was originated through the Upstart platform.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/49d24d8a4dc222ff3937b6e467e9e863","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122306009","content_text":"周三，美国网贷平台Upstart登陆纳斯达克，公司IPO定价20美元，今日开盘报26美元，截至发稿，大涨超33%。人工智能贷款平台Upstart成立于2012年，总部位于美国加州，是领先的人工智能（AI）贷款平台，旨在帮需要者找到负担得起的信贷，同时降低银行合作伙伴的风险和成本。Upstart最初的宗旨是构建年轻企业家和投资人的连接。2014年，Upstart认识到对消费者的未来分析将被更好地运用于个人贷款市场的趋势，就转向到了目前所处的在线借款平台，并且在看到LendingClub的迅猛增长，发现有这么多人的借贷请求时无法通过传统的银行来满足，开始产生了面向大学毕业生提供P2P贷款的商业思路。自成立以来，Upstart的银行合作伙伴已发放了62万笔个人贷款，产生了超过900万笔还款事件。截至2020年9月30日的9个月中，由Upstart提供动力的贷款中约有70％是完全自动化的。Upstart在招股书中自称是领先的基于云的人工智能贷款平台，但通俗点来说这依然是一家网上P2P贷款平台，大家都知道前几天，银保监会刘福寿在财经年会上表示，国内P2P网贷机构已经完全归零，那么到底是什么样的差距，让这家美国P2P公司没有走上中国同行全军覆灭的老路？硅谷明星高管Upstart的联合创始人兼首席执行官为Dave Girouard，他曾是谷歌企业应用前任总裁，因一手打造了价值超过10亿美元的谷歌企业应用部门而广为人知。Girouard在上市后将拥有公司17.7%的股份。谷歌风投也是该公司的投资者，在上市后将拥有该公司1.1%的股份。Girouard认为目前的信贷体系存在漏洞。他表示，年轻人，特别是千禧一代，需要一个更好的审查过程来提前预测他们的可信程度，即使他们目前没有足够的信贷经历。而Upstart通过创新的大数据征信的手段致力于解决年轻消费者的信贷难题，认为传统的信用评分并不能很好地描述年轻消费者的未来还款状况，相反，这些年轻人的教育程度和背景以及工作经历和这些消费者的未来金融状况密切相关。商业模式Upstart Holding公司提出了一种改进的基于机器学习的信用评分模型，该公司使用了1600个新的数据点，这些数据点更准确地描述了借款人，特别是考虑了他就读的学院，他所学的课程，甚至是GPA.该公司已经积累了150亿个数据点（输入参数和支付数据）。结果，使用该平台发放了622079笔贷款。测试表明，在Upstart评分的帮助下，有资格获得优惠贷款的潜在借款人将增加27%，对他们的利率下调平均将达到16%。同时，贷款质量并没有恶化。该公司从银行获得佣金，并将借款人带到银行，银行可以访问基于云计算的评分系统，而借款人可以通过移动应用程序获得他们的评级。银行也可以授权一个白标签解决方案，以自己的品牌提供评分，在这种情况下，Upstart充当了一种技术合作伙伴。它现在有10家合作银行，其中最大的是Cross River银行。它2008年由法国籍企业家Gilles Gayde创立，目前正积极与金融科技合作，它的客户包括市场、电子支付系统、p2p登陆和Ripple加密货币的运营商。财务状况招股书显示，Upstart在2017年、2018年、2019年营收分别为5729万美元、9931万美元、1.64亿美元；Upstart在2020年前9个月营收为1.47亿美元，上年同期的营收为1.02亿美元。Upstart在2017年、2018年、2019年运营亏损分别为753.6万美元、797万美元、457.5万美元；Upstart在2020年前9个月运营利润为137.2万美元，上年同期的运营亏损为809万美元。尽管第二季度业绩不佳，但其利润仍然很高，第二季度其合作伙伴在大流行开始时暂时暂停了贷款，导致第二季度的贷款交易下降了71％，收入下降了47％。该公司在2020年的前9个月中实现利润约460万美元，而去年同期的净替代接近1000万美元。截至2020年9月30日，Upstart拥有5320万美元的现金和1.946亿美元的总负债。截至2020年9月30日的十二个月内，自由现金流为负（4550万美元）。从招股书来看Upstart已经将业务从个人贷款扩展到汽车贷款，信用卡，抵押，学生贷款，销售点贷款等。2020年6月，UPstart开始在的平台上提供汽车贷款，而2020年9月，第一笔汽车贷款是通过Upstart平台发起的。","news_type":1,"symbols_score_info":{"UPST":0.9}},"isVote":1,"tweetType":1,"viewCount":2461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":391039036,"gmtCreate":1606430160025,"gmtModify":1704965583086,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/391039036","repostId":"1193091081","repostType":4,"isVote":1,"tweetType":1,"viewCount":2648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306850206,"gmtCreate":1604356626005,"gmtModify":1704955665406,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"Mark&nbsp;","listText":"Mark&nbsp;","text":"Mark","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306850206","repostId":"1190877170","repostType":4,"repost":{"id":"1190877170","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":1604327521,"share":"https://ttm.financial/m/news/1190877170?lang=en_US&edition=fundamental","pubTime":"2020-11-02 22:32","market":"us","language":"zh","title":"Opening: Three major U.S. stock indexes open higher across the board, Nio shares hit record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1190877170","media":"老虎资讯综合","summary":"11月2日（周一），美股三大股指全线高开，标普500指数上涨35.90点，涨幅1.10%，报3305.87点；纳斯达克指数上涨93.30点，涨幅0.86%，报11004.93点；道琼斯指数上涨358.","content":"<p>On November 2nd (Monday), the three major U.S. stock indexes opened higher across the board, with the S&P 500 index rising 35.90 points, or 1.10%, to 3305.87 points; The Nasdaq rose 93.30 points, or 0.86%, to 11,004.93; The Dow rose 358.40 points, or 1.35%, to 26,860.04.</p><p><img src=\"https://static.tigerbbs.com/3c92b922cfecd48bf60c117a3598e055\" tg-width=\"840\" tg-height=\"470\"></p><p>The new car-making forces of Chinese stocks rose generally, with Nio Motors rising by about 11%, and its share price reached a record high. The delivery volume in October increased by 100.1% year-on-year. Li Auto rose by more than 8%, XPeng Motors rose by nearly 11%, and Mavericks Electric rose by more than 4%.</p><p>Lufax rose by more than 6% and was included in the MSCI Global Standard Index Series and MSCI China Full Index Series.</p><p>Anpaike rose by more than 27%. The company announced today that Jiangsu Anpaike Health Management Co., Ltd., in which it invested, has obtained the nucleic acid testing qualification in the first half of the year. The company's medical laboratory in Jiangsu has obtained the nucleic acid testing certification on October 17th, and has begun to receive paid nucleic acid sample testing.</p>","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>Opening: Three major U.S. stock indexes open higher across the board, Nio shares hit record highs</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nOpening: Three major U.S. stock indexes open higher across the board, Nio shares hit record highs\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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 smaller\">2020-11-02 22:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On November 2nd (Monday), the three major U.S. stock indexes opened higher across the board, with the S&P 500 index rising 35.90 points, or 1.10%, to 3305.87 points; The Nasdaq rose 93.30 points, or 0.86%, to 11,004.93; The Dow rose 358.40 points, or 1.35%, to 26,860.04.</p><p><img src=\"https://static.tigerbbs.com/3c92b922cfecd48bf60c117a3598e055\" tg-width=\"840\" tg-height=\"470\"></p><p>The new car-making forces of Chinese stocks rose generally, with Nio Motors rising by about 11%, and its share price reached a record high. The delivery volume in October increased by 100.1% year-on-year. Li Auto rose by more than 8%, XPeng Motors rose by nearly 11%, and Mavericks Electric rose by more than 4%.</p><p>Lufax rose by more than 6% and was included in the MSCI Global Standard Index Series and MSCI China Full Index Series.</p><p>Anpaike rose by more than 27%. The company announced today that Jiangsu Anpaike Health Management Co., Ltd., in which it invested, has obtained the nucleic acid testing qualification in the first half of the year. The company's medical laboratory in Jiangsu has obtained the nucleic acid testing certification on October 17th, and has begun to receive paid nucleic acid sample testing.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{"LI":"理想汽车","TSLA":"特斯拉","NIO":"蔚来","XPEV":"小鹏集团",".SPX":"S&P 500 Index","PDD":"拼多多","BABA":"阿里巴巴",".DJI":"道琼斯","JD":"京东",".IXIC":"NASDAQ Composite"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190877170","content_text":"11月2日（周一），美股三大股指全线高开，标普500指数上涨35.90点，涨幅1.10%，报3305.87点；纳斯达克指数上涨93.30点，涨幅0.86%，报11004.93点；道琼斯指数上涨358.40点，涨幅1.35%，报26860.04点。中概股造车新势力普涨，蔚来汽车涨约11%，股价创历史新高，10月交付量同比增长100.1%。理想汽车涨超8%，小鹏汽车涨近11%，小牛电动涨超4%。陆金所涨超6%，获纳入MSCI全球标准指数系列和MSCI中国全指数系列。安派科涨超27%，该公司今日宣布，其投资的江苏安派科健康管理有限公司已于上半年获得核酸检测资质，该公司位于江苏的医学检验所已于10月17日获得了核酸检测认证，并已开始接收付费的核酸样本检测。","news_type":1,"symbols_score_info":{"XPEV":0.9,"BABA":0.9,"LI":0.9,"JD":0.9,".DJI":0.9,"NIO":0.9,"TSLA":0.9,".SPX":0.9,".IXIC":0.9,"PDD":0.9}},"isVote":1,"tweetType":1,"viewCount":1798,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":921622729,"gmtCreate":1586268373661,"gmtModify":1705300510050,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"<a 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href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a>bull market waits for no one, all in！","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a>bull market waits for no one, all in！","text":"$特斯拉(TSLA)$ bull market waits for no one, all in！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/554230098139304","isVote":1,"tweetType":1,"viewCount":815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":921622729,"gmtCreate":1586268373661,"gmtModify":1705300510050,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ERX\">$三倍做多能源ETF-Direxion(ERX)$</a>Nice&nbsp;","listText":"<a href=\"https://laohu8.com/S/ERX\">$三倍做多能源ETF-Direxion(ERX)$</a>Nice&nbsp;","text":"$三倍做多能源ETF-Direxion(ERX)$Nice","images":[{"img":"https://static.tigerbbs.com/5d98c4d19f3b03904f7492d1def28cdd","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/921622729","isVote":1,"tweetType":1,"viewCount":1887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":263463593025656,"gmtCreate":1705356167314,"gmtModify":1705356172867,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AMD\">$美国超微公司(AMD)$ </a>&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMD\">$美国超微公司(AMD)$ </a>&nbsp;","text":"$美国超微公司(AMD)$","images":[{"img":"https://static.tigerbbs.com/b5a13a373f8d92cd1cbd8f8150947558","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/263463593025656","isVote":1,"tweetType":1,"viewCount":2936,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":441701291058008,"gmtCreate":1748876140831,"gmtModify":1748876143656,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"Sky is the limit","listText":"Sky is the limit","text":"Sky is the limit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/441701291058008","isVote":1,"tweetType":1,"viewCount":1967,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":293132061618336,"gmtCreate":1712584973361,"gmtModify":1712584978033,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SMCI\">$超微电脑(SMCI)$ </a> 1100","listText":"<a href=\"https://laohu8.com/S/SMCI\">$超微电脑(SMCI)$ </a> 1100","text":"$超微电脑(SMCI)$ 1100","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/293132061618336","isVote":1,"tweetType":1,"viewCount":2963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107223033,"gmtCreate":1620515235022,"gmtModify":1704344405485,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"6","listText":"6","text":"6","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107223033","repostId":"1133900125","repostType":4,"repost":{"id":"1133900125","kind":"news","pubTimestamp":1620457507,"share":"https://ttm.financial/m/news/1133900125?lang=en_US&edition=fundamental","pubTime":"2021-05-08 15:05","market":"hk","language":"zh","title":"Naixue plans to be heard on Hong Kong Stock Exchange on May 13th and is expected to be listed in mid-early June","url":"https://stock-news.laohu8.com/highlight/detail?id=1133900125","media":"腾讯新闻","summary":"5月8日，腾讯新闻《潜望》独家获悉，奈雪计划于5月13日聆讯。按照港交所上市流程，奈雪或将在6月中上旬完成上市。关于此次IPO募资的具体额度，预计奈雪将在5月最后一周确定。此外，腾讯新闻《潜望》获悉，","content":"<p><img src=\"https://static.tigerbbs.com/e96e2889a7577f7ebb7f4c3b53fef19d\" tg-width=\"766\" tg-height=\"503\" referrerpolicy=\"no-referrer\">On May 8th, Tencent News \"Perspective\" was exclusively informed that Naixue plans to hear on May 13th. According to the listing process of Hong Kong Stock Exchange, Naixue may complete its listing in mid-early June.</p><p>Regarding the specific amount of fundraising for this IPO, it is expected that Naixue will be determined in the last week of May. In addition, Tencent News \"Perspective\" learned that Naixue's planned fund-raising amount is about 600 million US dollars. Based on its issuance of 15% shares, Naixue is estimated to be valued at about $4 billion, equivalent to about HK$31 billion.</p><p>As of press time, Tencent News \"Perspective\" has not been able to contact Naixue and its sponsor JPMorgan Chase for comment.</p><p><b>Investors worry about Nayuki's overvaluation</b></p><p>In the past 5 years, Naixue has made 5 financing. In addition to Tiantu Capital starting three consecutive rounds of investment at the earliest, Naixue received another $100 million in financing from PAG Pacific Investment Group in 2020.</p><p>Bloomberg reports that Nayuki is valued at $2 billion after securing financing from PAG Pacific Investment. This is also Naixue's last round of fundraising before the IPO.</p><p>In other words, compared with the last round of financing before IPO, Naixue's current valuation has about doubled.</p><p>Some large institutional investors told Tencent News \"Perspective\" that Naixue is a good company, but are worried that the final valuation is too expensive. Previous market rumors said that Naixue was valued at HK$35 billion.</p><p>Compared with the market sentiment when Naixue launched its listing in February this year, the current institutional investors are more cautious about Naixue's valuation. Some institutional investors valued it at about HK$ 30 billion, but some institutional investors who were keen on Naixue still followed the previous valuation, and even gave a valuation of HK$ 40 billion.</p><p>Some large institutional investors told Tencent News \"First Line\" that if the valuation is reasonable, they will consider placing an order. The order prices of these large institutional investors will directly affect the final pricing range of Nayuki.</p><p>In the past week, many institutional investors have been nervously waiting for the decision of Naixue's listing team and management, that is, to finalize the cornerstone list. Tencent News \"Perspective\" learned that there are many institutions that hope to be the cornerstone investors of Naixue, and the final cornerstone list will be finalized after the hearing next week.</p><p><b>Naixue's three-year loss exceeds 100 million investors worry about its ability to make money</b></p><p>In the previous non-trading roadshow, investors' worries about Naixue were concentrated: the ability to make money in the future. The answer given by management is also well understood, that is, with scale, costs will dilute and profits will rise.</p><p>Nayuki is still in a loss at present. According to the financial report, Naixue's revenue in 2018, 2019 and the first three quarters of 2020 was 1.087 billion yuan, 2.502 billion yuan and 2.115 billion yuan respectively, while its net losses were 69.73 million yuan, 39.68 million yuan and 27.51 million yuan respectively.</p><p>Like other FMCG industries, investors pay more attention to the same-store sales and same-store profits in Naixue's prospectus.</p><p>According to Nayuki's prospectus, there were 49 stores with business hours of no less than 300 days in 2018 and 2019. Judging from the data of 2018 and 2019 alone, Naixue's same-store net profit was 1.453 million yuan and 1.414 million yuan respectively.</p><p>Generally speaking, the reasonable range of same-store profit margin is about 20%, an institutional investor who has invested in the consumer sector for a long time told Tencent News Perspective.</p><p>According to the data of the first two full fiscal years, Naixue's single store profit is not bad. According to the prospectus, Nayuki's same-store profit margin was 24.9%, 25.3% and 12.6% in 2018, 2019 and the first three quarters of 2020, respectively. Among them, the same-store profit margin in 2020 was greatly affected by the pandemic.</p><p>However, manpower accounts for a large proportion of Naixue's costs. Naixue's prospectus shows that its labor costs remain high. In 2018, the staff cost was 340 million yuan, accounting for 31.3% of the total cost. In 2019, the staff cost was 750 million yuan, accounting for 30% of the total cost. This expense is about the same as Naixue's material cost, which was 380 million yuan and 910 million yuan in 2018 and 2019, respectively.</p><p>That is to say, with the gradual increase of domestic labor costs in the future, the labor expenses that Naixue needs to bear will be higher and higher. More importantly, Nayuki's stores are all concentrated in first-, second-and quasi-second-tier cities, where labor costs will continue to be high for the foreseeable future.</p><p>Although the total cost of Naixue will be somewhat diluted with the expansion of scale in the future, after the stores in first-and second-tier cities are saturated, the benefits of single stores may decrease in the process of Naixue continuing to sink in other cities. This means that it will be difficult for Naixue to continue to maintain a single-store profit margin of more than 20%.</p><p>An institutional investor, who mainly invests in consumption in the secondary market, told Tencent News Perspective that after studying Naixue's data, his institution finally decided not to invest.</p><p>There are not a few such investors, and some people look forward to the competing product Heytea, which will also be listed in Hong Kong in the future. Some investors who have seen Heytea's financial data revealed to Tencent News \"Perspective\" that compared with Naixue, Heytea's profitability is much better than Naixue, and its cost control is better, which is more suitable for long-term investors.</p>","source":"TXXW","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>Naixue plans to be heard on Hong Kong Stock Exchange on May 13th and is expected to be listed in mid-early June</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNaixue plans to be heard on Hong Kong Stock Exchange on May 13th and is expected to be listed in mid-early June\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯新闻</strong><span class=\"h-time small\">2021-05-08 15:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/e96e2889a7577f7ebb7f4c3b53fef19d\" tg-width=\"766\" tg-height=\"503\" referrerpolicy=\"no-referrer\">On May 8th, Tencent News \"Perspective\" was exclusively informed that Naixue plans to hear on May 13th. According to the listing process of Hong Kong Stock Exchange, Naixue may complete its listing in mid-early June.</p><p>Regarding the specific amount of fundraising for this IPO, it is expected that Naixue will be determined in the last week of May. In addition, Tencent News \"Perspective\" learned that Naixue's planned fund-raising amount is about 600 million US dollars. Based on its issuance of 15% shares, Naixue is estimated to be valued at about $4 billion, equivalent to about HK$31 billion.</p><p>As of press time, Tencent News \"Perspective\" has not been able to contact Naixue and its sponsor JPMorgan Chase for comment.</p><p><b>Investors worry about Nayuki's overvaluation</b></p><p>In the past 5 years, Naixue has made 5 financing. In addition to Tiantu Capital starting three consecutive rounds of investment at the earliest, Naixue received another $100 million in financing from PAG Pacific Investment Group in 2020.</p><p>Bloomberg reports that Nayuki is valued at $2 billion after securing financing from PAG Pacific Investment. This is also Naixue's last round of fundraising before the IPO.</p><p>In other words, compared with the last round of financing before IPO, Naixue's current valuation has about doubled.</p><p>Some large institutional investors told Tencent News \"Perspective\" that Naixue is a good company, but are worried that the final valuation is too expensive. Previous market rumors said that Naixue was valued at HK$35 billion.</p><p>Compared with the market sentiment when Naixue launched its listing in February this year, the current institutional investors are more cautious about Naixue's valuation. Some institutional investors valued it at about HK$ 30 billion, but some institutional investors who were keen on Naixue still followed the previous valuation, and even gave a valuation of HK$ 40 billion.</p><p>Some large institutional investors told Tencent News \"First Line\" that if the valuation is reasonable, they will consider placing an order. The order prices of these large institutional investors will directly affect the final pricing range of Nayuki.</p><p>In the past week, many institutional investors have been nervously waiting for the decision of Naixue's listing team and management, that is, to finalize the cornerstone list. Tencent News \"Perspective\" learned that there are many institutions that hope to be the cornerstone investors of Naixue, and the final cornerstone list will be finalized after the hearing next week.</p><p><b>Naixue's three-year loss exceeds 100 million investors worry about its ability to make money</b></p><p>In the previous non-trading roadshow, investors' worries about Naixue were concentrated: the ability to make money in the future. The answer given by management is also well understood, that is, with scale, costs will dilute and profits will rise.</p><p>Nayuki is still in a loss at present. According to the financial report, Naixue's revenue in 2018, 2019 and the first three quarters of 2020 was 1.087 billion yuan, 2.502 billion yuan and 2.115 billion yuan respectively, while its net losses were 69.73 million yuan, 39.68 million yuan and 27.51 million yuan respectively.</p><p>Like other FMCG industries, investors pay more attention to the same-store sales and same-store profits in Naixue's prospectus.</p><p>According to Nayuki's prospectus, there were 49 stores with business hours of no less than 300 days in 2018 and 2019. Judging from the data of 2018 and 2019 alone, Naixue's same-store net profit was 1.453 million yuan and 1.414 million yuan respectively.</p><p>Generally speaking, the reasonable range of same-store profit margin is about 20%, an institutional investor who has invested in the consumer sector for a long time told Tencent News Perspective.</p><p>According to the data of the first two full fiscal years, Naixue's single store profit is not bad. According to the prospectus, Nayuki's same-store profit margin was 24.9%, 25.3% and 12.6% in 2018, 2019 and the first three quarters of 2020, respectively. Among them, the same-store profit margin in 2020 was greatly affected by the pandemic.</p><p>However, manpower accounts for a large proportion of Naixue's costs. Naixue's prospectus shows that its labor costs remain high. In 2018, the staff cost was 340 million yuan, accounting for 31.3% of the total cost. In 2019, the staff cost was 750 million yuan, accounting for 30% of the total cost. This expense is about the same as Naixue's material cost, which was 380 million yuan and 910 million yuan in 2018 and 2019, respectively.</p><p>That is to say, with the gradual increase of domestic labor costs in the future, the labor expenses that Naixue needs to bear will be higher and higher. More importantly, Nayuki's stores are all concentrated in first-, second-and quasi-second-tier cities, where labor costs will continue to be high for the foreseeable future.</p><p>Although the total cost of Naixue will be somewhat diluted with the expansion of scale in the future, after the stores in first-and second-tier cities are saturated, the benefits of single stores may decrease in the process of Naixue continuing to sink in other cities. This means that it will be difficult for Naixue to continue to maintain a single-store profit margin of more than 20%.</p><p>An institutional investor, who mainly invests in consumption in the secondary market, told Tencent News Perspective that after studying Naixue's data, his institution finally decided not to invest.</p><p>There are not a few such investors, and some people look forward to the competing product Heytea, which will also be listed in Hong Kong in the future. Some investors who have seen Heytea's financial data revealed to Tencent News \"Perspective\" that compared with Naixue, Heytea's profitability is much better than Naixue, and its cost control is better, which is more suitable for long-term investors.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://new.qq.com/omn/20210508/20210508A062YL00.html\">腾讯新闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e96e2889a7577f7ebb7f4c3b53fef19d","relate_stocks":{},"source_url":"https://new.qq.com/omn/20210508/20210508A062YL00.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133900125","content_text":"5月8日，腾讯新闻《潜望》独家获悉，奈雪计划于5月13日聆讯。按照港交所上市流程，奈雪或将在6月中上旬完成上市。关于此次IPO募资的具体额度，预计奈雪将在5月最后一周确定。此外，腾讯新闻《潜望》获悉，奈雪此次计划的募资额约6亿美元。以其发行15%股份来计，奈雪预计估值约40亿美元，折合港币约310亿。截至发稿，腾讯新闻《潜望》暂未能联系奈雪及其保荐人摩根大通等置评。投资者忧奈雪估值过高奈雪在过去5年中，共进行了5次融资。除了天图资本最早开始连续三轮投资外，奈雪于2020年又获得了PAG太盟投资集团等1亿美金的融资。彭博报道称，奈雪在获得PAG太盟投资的融资后，其估值达到20亿美元。这也是奈雪在IPO前的最后一轮募资。也就是说，相较于IPO前最后一轮融资，奈雪当前的估值翻了约一倍。一些大型机构投资者对腾讯新闻《潜望》表示，奈雪是一家不错的公司，但是担心最后确定的估值太贵。之前市场传闻，奈雪估值为350亿港元。相较于奈雪今年2月启动上市时的市场情绪，当前机构投资者对于奈雪的估值较为谨慎。部分机构投资者对其估值约300亿港元，但是也有部分热衷于奈雪的机构投资者则依旧按照之前的估值，甚至还有给出400亿港元估值的。一些大型机构投资者对腾讯新闻《一线》表示，若是估值合理，会考虑下单。这些大型机构投资者的下单价格会直接影响奈雪最后定价区间。过去这一周，不少机构投资者都在紧张等待奈雪上市团队及管理层的决定，即最后敲定基石名单。腾讯新闻《潜望》获悉，希望做奈雪基石投资者的机构不少，最终的基石名单将在下周聆讯结束后敲定。奈雪三年亏损超1亿 投资者忧其赚钱能力在此前的非交易路演中，投资者对于奈雪的担忧比较集中：未来赚钱的能力。管理层给出的回答也很好理解，即随着规模起来，成本会摊薄，利润也会起来。奈雪当前依旧处于亏损状态。财报显示，奈雪于2018年、2019年以及2020年前三季度的收入分别为10.87亿、25.02亿元、21.15亿元，而其净亏损分别为6973万、3968万、2751万元。和其他快消行业一样，投资者对于奈雪招股书中的同店销售额以及同店利润等数据较为关注。奈雪招股书显示，2018年及2019年满足营业时间不少于300天的店铺为49家。仅以2018年以及2019年全年的数据来看，奈雪的同店净利润分别为145.3万元以及141.4万元。一位长期投资消费领域的机构投资者对腾讯新闻《潜望》表示，一般来说，同店利润率的合理区间大概是20%左右。前两个完整财年的数据来看，奈雪的单店利润还不错。招股书显示，奈雪的同店利润率于2018年、2019年以及2020年前三个季度分别为24.9%、25.3%以及12.6%。其中，2020年的同店利润率受疫情影响比较大。但是奈雪的成本开支中人力占比很大。奈雪的招股书显示，其人力成本居高不下，2018年员工成本为3.4亿元，占总成本的31.3%，2019年员工成本则为7.5亿，占比总成本的30%。这一项开支和奈雪的材料成本不差上下，后者2018年及2019年分别为3.8亿元及9.1亿元。也就是说，未来随着国内人力成本逐渐上涨，奈雪需要承担的人力开支将会越来越高。更为重要的是，奈雪的店铺全部集中在一二线及准二线城市，这些城市的人力成本在可预见的未来会持续高企。尽管未来奈雪随着规模的扩大，总成本会有些许摊薄，但是一二线城市店铺饱和后，奈雪继续下沉其他城市的过程中，单店效益有可能递减。这就意味着奈雪将难以继续维持单店利润率超过20%。一位主要在二级市场投资消费领域的机构投资者对腾讯新闻《潜望》表示，研究完奈雪的数据后，其所在的机构最后决定不投资。这样的投资者不在少数，也有一些人期待后续也将赴港上市的竞品喜茶。一些看过喜茶财务数据的投资者对腾讯新闻《潜望》透露，相较于奈雪来说，喜茶的盈利能力要比奈雪好很多，成本控制做得更好，更适合长期持有的投资者。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":470320270197032,"gmtCreate":1755855896339,"gmtModify":1755855899392,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"TQQQ buy the dip！","listText":"TQQQ buy the dip！","text":"TQQQ buy the dip！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/470320270197032","isVote":1,"tweetType":1,"viewCount":1990,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":265311730909368,"gmtCreate":1705795719272,"gmtModify":1705795724821,"author":{"id":"3472536105367512","authorId":"3472536105367512","name":"faysl","avatar":"https://static.tigerbbs.com/385a91ac1b409f10d98d858f94c89d90","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3472536105367512","idStr":"3472536105367512"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$ </a>&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$ 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