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Superdaddy88
2023-10-23
$iShares 20+ Year Treasury Bond ETF(TLT)$
is there withholding tax?
Superdaddy88
2023-07-26
Last chance to short.
VW Takes $700 Million Xpeng Stake for EV Pact to Win Back China
Superdaddy88
2023-07-01
Better sell. Lousy results
XPeng Delivers 8,620 Smart EVs, Representing a 15% Increase Over the Prior Month
Superdaddy88
2023-06-20
Dilution is bad
China's Nio to Get Near $740 Million Investment From Abu Dhabi-Backed Firm
Superdaddy88
2023-05-31
Time to make generational wealth
Alibaba: Spin-Offs As Catalyst To Unlock Value (Rating Upgrade)
Superdaddy88
2023-05-18
Better sell everything
Grab's Soft Delivery Sales Overshadow Improving Bottomline
Superdaddy88
2023-05-16
$Tencent Music(TME)$
time to accumulate and wait for 15 soon
Superdaddy88
2021-07-27
$MEITUAN-W(03690)$
dead
Superdaddy88
2021-07-24
$TAL Education Group(TAL)$
dead
Superdaddy88
2021-07-23
Good punt?
Superdaddy88
2021-07-23
$TAL Education Group(TAL)$
oh nooooooo
Superdaddy88
2021-06-16
$Tencent Music(TME)$
when recover?
Superdaddy88
2021-06-15
$Rxi Pharmaceuticals Corp(PHIO)$
next stock to get pumped
Superdaddy88
2021-04-22
$Pinduoduo Inc.(PDD)$
cathie wood u can do.it!!!!
Superdaddy88
2021-04-22
Up and down like a see saw
Superdaddy88
2021-04-21
$iQiyi Inc.(IQ)$
very depressing
Superdaddy88
2021-04-21
$Pinduoduo Inc.(PDD)$
this is depressing
Superdaddy88
2021-04-20
What's happening to china tech stocks again???
Superdaddy88
2021-04-20
When will it moon again?
Superdaddy88
2021-04-20
$TENCENT(00700)$
patience long term play
Go to Tiger App to see more news
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href=\"https://ttm.financial/S/TLT\">$iShares 20+ Year Treasury Bond ETF(TLT)$ </a>is there withholding tax?","listText":"<a href=\"https://ttm.financial/S/TLT\">$iShares 20+ Year Treasury Bond ETF(TLT)$ </a>is there withholding tax?","text":"$iShares 20+ Year Treasury Bond ETF(TLT)$ is there withholding tax?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/233649428611352","isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202117325406208,"gmtCreate":1690378657518,"gmtModify":1690378660778,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Last chance to short. ","listText":"Last chance to short. ","text":"Last chance to short.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/202117325406208","repostId":"1169072813","repostType":2,"repost":{"id":"1169072813","pubTimestamp":1690376691,"share":"https://ttm.financial/m/news/1169072813?lang=&edition=fundamental","pubTime":"2023-07-26 21:04","market":"us","language":"en","title":"VW Takes $700 Million Xpeng Stake for EV Pact to Win Back China","url":"https://stock-news.laohu8.com/highlight/detail?id=1169072813","media":"Bloomberg","summary":"Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.VW will eventu","content":"<html><head></head><body><p>Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.</p><p style=\"text-align: start;\">VW will eventually hold a 4.99% stake in the Chinese company via a capital increase and is getting an observer board seat, it said Wednesday. Its Audi premium brand will deepen ties with VW’s long-term partner SAIC Motor Corp Ltd. to also bolster its EV lineup.</p><p style=\"text-align: start;\">VW is trying to turn the tide in China, where Tesla Inc. and local champion BYD Co. have raced ahead because they’re better at churning out EVs with technology and software geared to local tastes. The company’s EV sales in China dipped in the first half in a market that grew 20%.</p><p>The deals, which bring VW’s count of carmaker partnerships in China to four, mark a turning point for the country’s manufacturers — from learning from foreign partners to helping them with their own technology and designs.</p><p>VW and Xpeng plan at least two new battery-powered models, with the first due to arrive on the market in 2026, the company said.</p><p>Audi’s partnership with SAIC will cover premium EVs and start with models in a segment where the brand isn’t yet represented in China.</p><p style=\"text-align: start;\">The vehicles “are to be equipped with state-of-the-art software and hardware,” VW said in a statement.</p><p style=\"text-align: start;\">Europe’s biggest automaker last month replaced the CEO of Audi partly because it wants to halt the sales slide in the country. The brand has faced delays in developing a new EV platform, hindering its ability to compete.</p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a> surged over 12% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/84ff9fdfe81b60ea4b9da00856d43909\" tg-width=\"631\" tg-height=\"603\"/></p><p></p></body></html>","source":"lsy1584095487587","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>VW Takes $700 Million Xpeng Stake for EV Pact to Win Back China</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\">\nVW Takes $700 Million Xpeng Stake for EV Pact to Win Back China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-26 21:04 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-07-26/vw-takes-700-million-xpeng-stake-for-ev-pact-to-win-back-china?utm_source=google&utm_medium=bd&cmpId=google><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.VW will ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-26/vw-takes-700-million-xpeng-stake-for-ev-pact-to-win-back-china?utm_source=google&utm_medium=bd&cmpId=google\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"https://www.bloomberg.com/news/articles/2023-07-26/vw-takes-700-million-xpeng-stake-for-ev-pact-to-win-back-china?utm_source=google&utm_medium=bd&cmpId=google","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169072813","content_text":"Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.VW will eventually hold a 4.99% stake in the Chinese company via a capital increase and is getting an observer board seat, it said Wednesday. Its Audi premium brand will deepen ties with VW’s long-term partner SAIC Motor Corp Ltd. to also bolster its EV lineup.VW is trying to turn the tide in China, where Tesla Inc. and local champion BYD Co. have raced ahead because they’re better at churning out EVs with technology and software geared to local tastes. The company’s EV sales in China dipped in the first half in a market that grew 20%.The deals, which bring VW’s count of carmaker partnerships in China to four, mark a turning point for the country’s manufacturers — from learning from foreign partners to helping them with their own technology and designs.VW and Xpeng plan at least two new battery-powered models, with the first due to arrive on the market in 2026, the company said.Audi’s partnership with SAIC will cover premium EVs and start with models in a segment where the brand isn’t yet represented in China.The vehicles “are to be equipped with state-of-the-art software and hardware,” VW said in a statement.Europe’s biggest automaker last month replaced the CEO of Audi partly because it wants to halt the sales slide in the country. The brand has faced delays in developing a new EV platform, hindering its ability to compete.XPeng Inc. surged over 12% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193245738377352,"gmtCreate":1688208651083,"gmtModify":1688208654285,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Better sell. Lousy results ","listText":"Better sell. Lousy results ","text":"Better sell. Lousy results","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/193245738377352","repostId":"1164950140","repostType":2,"repost":{"id":"1164950140","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":1688206200,"share":"https://ttm.financial/m/news/1164950140?lang=&edition=fundamental","pubTime":"2023-07-01 18:10","market":"us","language":"en","title":"XPeng Delivers 8,620 Smart EVs, Representing a 15% Increase Over the Prior Month","url":"https://stock-news.laohu8.com/highlight/detail?id=1164950140","media":"Tiger Newspress","summary":"XPeng Inc. today announced its vehicle delivery results for June and the second quarter 2023.In June 2023, XPENG delivered 8,620 Smart EVs, representing a 15% increase over the prior month, with the P","content":"<html><head></head><body><p>XPeng Inc. today announced its vehicle delivery results for June and the second quarter 2023.</p><p style=\"text-align: start;\">In June 2023, XPENG delivered 8,620 Smart EVs, representing a 15% increase over the prior month, with the P7 series deliveries up 17% over the prior month. The Company has achieved positive delivery growth for five consecutive months. Total Smart EV deliveries for the second quarter of 2023 were 23,205 units, representing a quarter-over-quarter increase of 27%. As of June 30, 2023, XPENG has delivered over 300,000 Smart EVs.</p><p style=\"text-align: start;\">The XPENG G6 Ultra Smart Coupe SUV was officially launched on June 29, offering five trim packages and priced between RMB209,900 and RMB276,900. Since its launch, the G6 has been attracting widespread market attention and receiving top-rated reviews.</p><p style=\"text-align: start;\">Initial deliveries of the G6 are set to begin this month, and display vehicles have arrived at showrooms nationwide and are ready for test drives. The industry-leading ADAS function, XNGP, is readily available on all G6 Max versions immediately upon delivery.</p><p style=\"text-align: start;\">In addition to G6's launch in China, XPENG plans to roll out its "AI Valet Driver" capabilities for all XNGP-equipped vehicles, starting in the fourth quarter of 2023. The "AI Valet Driver" mode allows users to customize smart driving routes based on their preferences in a variety of cities across China, making driving safer and more efficient in everyday driving scenarios. Deployment is scheduled to start in the fourth quarter of 2023. Notably, XPENG is the only automaker brand in China to have rolled out City NGP functions in all four of China's top-tier cities - Guangzhou, Shenzhen, Shanghai and Beijing.</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>XPeng Delivers 8,620 Smart EVs, Representing a 15% Increase Over the Prior Month</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\">\nXPeng Delivers 8,620 Smart EVs, Representing a 15% Increase Over the Prior Month\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\">2023-07-01 18:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>XPeng Inc. today announced its vehicle delivery results for June and the second quarter 2023.</p><p style=\"text-align: start;\">In June 2023, XPENG delivered 8,620 Smart EVs, representing a 15% increase over the prior month, with the P7 series deliveries up 17% over the prior month. The Company has achieved positive delivery growth for five consecutive months. Total Smart EV deliveries for the second quarter of 2023 were 23,205 units, representing a quarter-over-quarter increase of 27%. As of June 30, 2023, XPENG has delivered over 300,000 Smart EVs.</p><p style=\"text-align: start;\">The XPENG G6 Ultra Smart Coupe SUV was officially launched on June 29, offering five trim packages and priced between RMB209,900 and RMB276,900. Since its launch, the G6 has been attracting widespread market attention and receiving top-rated reviews.</p><p style=\"text-align: start;\">Initial deliveries of the G6 are set to begin this month, and display vehicles have arrived at showrooms nationwide and are ready for test drives. The industry-leading ADAS function, XNGP, is readily available on all G6 Max versions immediately upon delivery.</p><p style=\"text-align: start;\">In addition to G6's launch in China, XPENG plans to roll out its "AI Valet Driver" capabilities for all XNGP-equipped vehicles, starting in the fourth quarter of 2023. The "AI Valet Driver" mode allows users to customize smart driving routes based on their preferences in a variety of cities across China, making driving safer and more efficient in everyday driving scenarios. Deployment is scheduled to start in the fourth quarter of 2023. Notably, XPENG is the only automaker brand in China to have rolled out City NGP functions in all four of China's top-tier cities - Guangzhou, Shenzhen, Shanghai and Beijing.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164950140","content_text":"XPeng Inc. today announced its vehicle delivery results for June and the second quarter 2023.In June 2023, XPENG delivered 8,620 Smart EVs, representing a 15% increase over the prior month, with the P7 series deliveries up 17% over the prior month. The Company has achieved positive delivery growth for five consecutive months. Total Smart EV deliveries for the second quarter of 2023 were 23,205 units, representing a quarter-over-quarter increase of 27%. As of June 30, 2023, XPENG has delivered over 300,000 Smart EVs.The XPENG G6 Ultra Smart Coupe SUV was officially launched on June 29, offering five trim packages and priced between RMB209,900 and RMB276,900. Since its launch, the G6 has been attracting widespread market attention and receiving top-rated reviews.Initial deliveries of the G6 are set to begin this month, and display vehicles have arrived at showrooms nationwide and are ready for test drives. The industry-leading ADAS function, XNGP, is readily available on all G6 Max versions immediately upon delivery.In addition to G6's launch in China, XPENG plans to roll out its \"AI Valet Driver\" capabilities for all XNGP-equipped vehicles, starting in the fourth quarter of 2023. The \"AI Valet Driver\" mode allows users to customize smart driving routes based on their preferences in a variety of cities across China, making driving safer and more efficient in everyday driving scenarios. Deployment is scheduled to start in the fourth quarter of 2023. Notably, XPENG is the only automaker brand in China to have rolled out City NGP functions in all four of China's top-tier cities - Guangzhou, Shenzhen, Shanghai and Beijing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":509,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189423388180512,"gmtCreate":1687271643994,"gmtModify":1687271648063,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Dilution is bad","listText":"Dilution is bad","text":"Dilution is bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189423388180512","repostId":"2344423444","repostType":2,"repost":{"id":"2344423444","pubTimestamp":1687270643,"share":"https://ttm.financial/m/news/2344423444?lang=&edition=fundamental","pubTime":"2023-06-20 22:17","market":"hk","language":"en","title":"China's Nio to Get Near $740 Million Investment From Abu Dhabi-Backed Firm","url":"https://stock-news.laohu8.com/highlight/detail?id=2344423444","media":"StreetInsider","summary":"Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest a","content":"<html><head></head><body><p>Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest about $738.5 million in the Chinese electric vehicle maker.</p><p>Nio and peers Xpeng and Li Auto are among the companies competing to grab a larger EV market share in the world's largest automotive market dominated by BYD.</p><p>Under the deal with CYVN Holdings, Nio will issue about 85 million new Class A shares at $8.72 per share to the firm.</p><p>CYVN has also entered into a deal with an affiliate of Tencent Holdings, under which it will pick up some shares of Nio.</p><p>Upon closing of both deals, CYVN will own 7% stake in Nio, the EV maker said.</p><p>Stocks slid slightly in morning trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/566f7180a4101b37fbce917a42728627\" tg-width=\"917\" tg-height=\"614\"/></p><p></p></body></html>","source":"highlight_streetinsider","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>China's Nio to Get Near $740 Million Investment From Abu Dhabi-Backed Firm</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\">\nChina's Nio to Get Near $740 Million Investment From Abu Dhabi-Backed Firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-20 22:17 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=21816614><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest about $738.5 million in the Chinese electric vehicle maker.Nio and peers Xpeng and Li Auto are among ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21816614\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","09866":"蔚来-SW","NIO":"蔚来"},"source_url":"https://www.streetinsider.com/dr/news.php?id=21816614","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2344423444","content_text":"Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest about $738.5 million in the Chinese electric vehicle maker.Nio and peers Xpeng and Li Auto are among the companies competing to grab a larger EV market share in the world's largest automotive market dominated by BYD.Under the deal with CYVN Holdings, Nio will issue about 85 million new Class A shares at $8.72 per share to the firm.CYVN has also entered into a deal with an affiliate of Tencent Holdings, under which it will pick up some shares of Nio.Upon closing of both deals, CYVN will own 7% stake in Nio, the EV maker said.Stocks slid slightly in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182393949962248,"gmtCreate":1685538995870,"gmtModify":1685539000170,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Time to make generational wealth ","listText":"Time to make generational wealth ","text":"Time to make generational wealth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182393949962248","repostId":"2339255952","repostType":2,"repost":{"id":"2339255952","pubTimestamp":1685538241,"share":"https://ttm.financial/m/news/2339255952?lang=&edition=fundamental","pubTime":"2023-05-31 21:04","market":"us","language":"en","title":"Alibaba: Spin-Offs As Catalyst To Unlock Value (Rating Upgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=2339255952","media":"Seekingalpha","summary":"Up until this day, Alibaba (NYSE:BABA) is one of the worst investments and continues to be a disappo","content":"<html><head></head><body><p>Up until this day, Alibaba (NYSE:BABA) is one of the worst investments and continues to be a disappointment. Looking back at the last two years, I bought BABA stock way too early and probably was catching a falling knife. In the last two years, I also wrote six articles about Alibaba and in every single article I have been bullish.</p><p>Despite this horrible performance, I remain bullish about Alibaba and see the stock as one of the great long-term investments the market is offering right now. So far, Alibaba was in a bear market for “only” 2.5 years. Of course, in a time when the stock market seems to be in an internal bull market and market participants assume the stock market will always go up (like it has since 2009), a 2.5-year bull market seems to be an extreme outlier – but it really isn’t.</p><p>In the following article, I will – once again – explain why I am long-term bullish about Alibaba and continue to hold the stock.</p><h2>Results</h2><p>We start by looking at the results, which can be seen from many different angles. For starters, Alibaba could beat expectations for revenue as well as non-GAAP earnings per share. And while exceeding expectations is good news, we also should keep in mind that estimates have constantly been lowered over the last few quarters making it easier for Alibaba to exceed expectations.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/01f5a3c78b173f98eda8a4acc5a9e8ee\" tg-width=\"640\" tg-height=\"221\"/></p><p>Alibaba: Consensus EPS Revision Trend (Seeking Alpha)</p><p>When looking at the actual full-year results, Alibaba could increase revenue from RMB 853.1 billion in the previous year to RMB 868.7 billion in fiscal 2023 resulting in 1.8% year-over-year growth. And while revenue could grow only slightly, income from operations increased 44.1% year-over-year from RMB 69.6 billion in fiscal 2022 to RMB 100.4 billion in fiscal 2023. And finally, net income increased from RMB 47.1 billion in fiscal 2022 to RMB 65.6 billion in fiscal 2023 – resulting in 39.3% year-over-year growth.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/adaad527e7838c5ba6192a5818074c50\" tg-width=\"640\" tg-height=\"359\"/></p><p>Alibaba Q4/23 Presentation</p><p>But of course, we must keep in mind that we are comparing to particularly worse year for Alibaba making it easier to report high growth rates for operating income and earnings per share. Instead, we also look at the adjusted numbers. Adjusted EBITDA increased from RMB 158.2 billion in fiscal 2022 to RMB 175.7 billion in fiscal 2023 – resulting in 11.1% year-over-year growth. And non-GAAP diluted earnings per share increased from RMB 6.59 in fiscal 2022 to RMB 6.82 in fiscal 2023 – resulting in 3.5% year-over-year growth.</p><p>But Alibaba saw its growth rates slow down to what can only be described as a “hard landing”. In fiscal 2022 – one year earlier – Alibaba could grow its top line still 19%, which was already much lower than in the previous years. And Alibaba is struggling to grow right now, which is a disappointment.</p><h2>Intrinsic Value Calculation</h2><p>However, we always must put the numbers into perspective and compare it to the current share price and ask ourselves if the price is justified. Although Alibaba moved away a little bit from its previous all-time low, it is still trading clearly below its all-time high. And especially the price-free-cash-flow ratio of only 7.5 is a clear statement for Alibaba being undervalued.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b6c9460af76b3209a7f4270c4ceab761\" tg-width=\"635\" tg-height=\"433\"/></p><p>Data by YCharts</p><p>Aside from the price-free-cash-flow ratio, we can also use a discount cash flow calculation to determine an intrinsic value for Alibaba. As basis for our calculation, we take the free cash flow of fiscal 2023, which was $24,966 million (I will use the numbers in USD as I will also compare the intrinsic value to the Alibaba quotation in USD). When using 2,610 million outstanding shares and a 10% discount rate, we get an intrinsic value of $95.66 for Alibaba – even when assuming that the company won’t be able to grow its free cash flow ever again.</p><p>And although Alibaba is already undervalued in this calculation, 0% growth is extremely unrealistic. Instead, let’s still be cautious and assume that Alibaba will remain a low growth company forever and grow only 3% annually from now till perpetuity. This would result in an intrinsic value of $136.55 and make Alibaba clearly undervalued.</p><p>But more realistic assumptions would be to assume at least 6% growth from now till perpetuity as Alibaba has – in my opinion – a wide economic moat around its business that will keep competitors at bay. When calculating with 6% growth, we get an intrinsic value of $239.14 for Alibaba.</p><p>I am basically just repeating what I already wrote in previous articles. Alibaba is deeply undervalued. And even when we have to expect the worst and assume that Alibaba will remain a low growth company from now till perpetuity, the stock is still deeply undervalued, and we are looking at a bargain.</p><h2>Breaking Up The Business</h2><p>The biggest news story about Alibaba in the last few months was the announcement on March 28, 2023 of Alibaba’s new organizational and governance structure. Under the new structure, Alibaba Group will remain the holding company of the six major business groups – and each of the six major business groups will be managed independently by its own chief executive officer.</p><p>And five of the six major business groups will have the flexibility to raise external capital and potentially seek its own initial public offering. The only exception is Taobao & Tmall Group, which will remain a wholly-owned subsidiary by Alibaba Group. The other five business groups will be: Cloud Intelligence Group, Local Services Group, Alibaba International Digital Commerce Group, Cainiao Smart Logistics Network Limited as well as Digital Media and Entertainment Group.</p><p>As a result of this new organizational structure, we will also see several IPOs in the next 12 to 18 months. The first spin-off (and potential IPO) will be of the Cloud Intelligence Group (see section below). Additionally, Alibaba is pursuing its IPO plan for Cainiao Smart Logistics within the next 12 to 18 months. Right now, Alibaba holds a 67% equity interest. And finally, within the next 6 to 12 months we can also expect the IPO of Freshippo (Hema), Alibaba Group’s proprietary retail chain for groceries and fresh goods with about 275 self-operated stores.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/08856a44ef77acec4f198c3415ffd84d\" tg-width=\"640\" tg-height=\"453\"/></p><p>Annual Report 2022</p><p>Basically, Alibaba is breaking up its business into the six business segments it was already reporting in. Nevertheless, it is a major difference and might be a good strategic move – and can be interpreted once again as a strategy to please the authorities. Although the six businesses will remain part of the Alibaba Group, they are each individual corporations and appear less monopolistic (which seems to be rather in line with the Chinese government’s policy goals). JPMorgan Chase analysts even see a philosophical strategy change in the case of Alibaba.</p><h2>Cloud Intelligence Group</h2><p>The first – and one of the major – spin-offs will be that of that Cloud Intelligence Group. Additionally, the Cloud Intelligence Group intends to become an independent publicly listed company and investors in Alibaba will receive shares in the new business. The spin-off is expected to be completed within the next 12 months.</p><p>For fiscal 2023, the cloud business reported only mediocre results. The segment generated RMB 77,203 million and compared to RMB 74,568 million one year earlier, this is resulting in 3.5% year-over-year growth. And such a growth rate is certainly a disappointment. The cloud business of major competitors – in China as well as the United States – also sees lower growth rates, but its peers especially in the United States still see much higher growth rates. And the segment is still not profitable as it reported a loss from operations of RMB 5,161 million (only adjusted EBITA was a positive amount of RMB 1,422 million).</p><p>However, long-term growth expectations are positive. While Alibaba is clearly lagging the three dominant companies in the global cloud market – Amazon (AMZN) AWS, Microsoft (MSFT) Azure, and Google (GOOG) Cloud – it is the biggest player in China and has a global market share around 4%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9616d9cf275560bb23572ea4c685f674\" tg-width=\"640\" tg-height=\"640\"/></p><p>Statista</p><p>But even if Alibaba should not be able to offer its cloud services successfully on an international basis, we can still expect high growth rates in China. According to Statista, public cloud revenue will increase from around $54 billion in 2023 to $121 billion in 2027 – resulting in a CAGR of 22.23%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ba2412dd469474ad944166851288818\" tg-width=\"640\" tg-height=\"419\"/></p><p>Statista</p><p>I would still expect that the new Cloud Intelligence Group has the potential to grow at a high pace and I also expect the business segment (and later the stand-alone business) to be profitable soon.</p><h2>Growing E-commerce</h2><p>But not only the cloud business will contribute to growth in the years to come. Alibaba’s ecommerce business (which is responsible for most of its revenue) should also be able to grow in the years to come. And although the China ecommerce business had to report a year-over-year decline, growth expectations for the coming years are in high single digits (or sometimes even double digits). It could be problematic for China if its population will actually shrink in coming years and decades (as many predict), but I believe the continuous rise in the country’s standard of living over time will lead to a higher disposable income and people being able to spend more and more money over time.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3a3099b966dc2be14c6875c0fb090e1f\" tg-width=\"1280\" tg-height=\"1413\"/></p><p>Insider Intelligence</p><p>And while it is difficult to predict how successful Alibaba will be in offering its cloud services in countries outside of China, it has already managed to establish its ecommerce businesses outside of China. Especially for Lazada in Southeast Asia growth expectations are high. And in fiscal 2022, “Total International Commerce” could increase revenue from RMB 61,078 million in 2022 to RMB 69,204 million in 2023 – resulting in 13.3% year-over-year growth. And especially in the fourth quarter of fiscal 2022, growth accelerated again, and Alibaba could report 41% YoY growth for the business segment.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2237c59113e4b9409ff833de00012d68\" tg-width=\"1280\" tg-height=\"1398\"/></p><p>Insider Intelligence</p><h2>Share Buybacks</h2><p>Aside from focusing on top line growth, Alibaba is also continuing to buy back shares, which is a good idea as long as the stock remains deeply undervalued (and in my opinion it is deeply undervalued). During the last quarter, Alibaba repurchased 21.5 million ADSs (the equivalent of 172.4 million ordinary shares) for about $1.9 billion. Alibaba is repurchasing shares with high levels of consistency and decreased the diluted number of outstanding shares from 22,024 million at the end of March 2021 to 21,401 million at the end of March 2022 and 20,882 million at the end of March 2023.</p><p>The company still has approximately $19.4 billion remaining under the current share repurchase authorization (effective through March 2025) and in my opinion Alibaba should be more aggressive in its share buybacks. As I have pointed out in my last two articles, Alibaba might also consider using parts of its cash, cash equivalents and short-term investments to repurchase shares at this point. As of March 31, 2023, Alibaba had RMB 193.1 billion in cash and cash equivalents (resulting in $28,115 million) as well as RMB 326.5 billion in short-term investments (resulting in $47,541 million). With a current market capitalization of $217 billion, this is enough to repurchase almost 35% of outstanding shares.</p><h2>Conclusion</h2><p>I mentioned above that Alibaba is even undervalued when we don’t assume any growth ever again. But such an assumption is extremely unrealistic for several different reasons. Not only will the cloud and ecommerce business most likely continue to grow at least in the high single digits, but the company can also continue to repurchase shares and therefore adding to bottom line growth. And – although this is rather speculation at this point – breaking up the business in six parts might also turn out to be a smart move by management. Therefore, the conclusion has to be once again: Alibaba is deeply undervalued!</p><p>Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","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: Spin-Offs As Catalyst To Unlock Value (Rating Upgrade)</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: Spin-Offs As Catalyst To Unlock Value (Rating Upgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-31 21:04 GMT+8 <a href=https://seekingalpha.com/article/4608336-alibaba-baba-spin-offs-catalyst-unlock-value><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Up until this day, Alibaba (NYSE:BABA) is one of the worst investments and continues to be a disappointment. Looking back at the last two years, I bought BABA stock way too early and probably was ...</p>\n\n<a href=\"https://seekingalpha.com/article/4608336-alibaba-baba-spin-offs-catalyst-unlock-value\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4608336-alibaba-baba-spin-offs-catalyst-unlock-value","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2339255952","content_text":"Up until this day, Alibaba (NYSE:BABA) is one of the worst investments and continues to be a disappointment. Looking back at the last two years, I bought BABA stock way too early and probably was catching a falling knife. In the last two years, I also wrote six articles about Alibaba and in every single article I have been bullish.Despite this horrible performance, I remain bullish about Alibaba and see the stock as one of the great long-term investments the market is offering right now. So far, Alibaba was in a bear market for “only” 2.5 years. Of course, in a time when the stock market seems to be in an internal bull market and market participants assume the stock market will always go up (like it has since 2009), a 2.5-year bull market seems to be an extreme outlier – but it really isn’t.In the following article, I will – once again – explain why I am long-term bullish about Alibaba and continue to hold the stock.ResultsWe start by looking at the results, which can be seen from many different angles. For starters, Alibaba could beat expectations for revenue as well as non-GAAP earnings per share. And while exceeding expectations is good news, we also should keep in mind that estimates have constantly been lowered over the last few quarters making it easier for Alibaba to exceed expectations.Alibaba: Consensus EPS Revision Trend (Seeking Alpha)When looking at the actual full-year results, Alibaba could increase revenue from RMB 853.1 billion in the previous year to RMB 868.7 billion in fiscal 2023 resulting in 1.8% year-over-year growth. And while revenue could grow only slightly, income from operations increased 44.1% year-over-year from RMB 69.6 billion in fiscal 2022 to RMB 100.4 billion in fiscal 2023. And finally, net income increased from RMB 47.1 billion in fiscal 2022 to RMB 65.6 billion in fiscal 2023 – resulting in 39.3% year-over-year growth.Alibaba Q4/23 PresentationBut of course, we must keep in mind that we are comparing to particularly worse year for Alibaba making it easier to report high growth rates for operating income and earnings per share. Instead, we also look at the adjusted numbers. Adjusted EBITDA increased from RMB 158.2 billion in fiscal 2022 to RMB 175.7 billion in fiscal 2023 – resulting in 11.1% year-over-year growth. And non-GAAP diluted earnings per share increased from RMB 6.59 in fiscal 2022 to RMB 6.82 in fiscal 2023 – resulting in 3.5% year-over-year growth.But Alibaba saw its growth rates slow down to what can only be described as a “hard landing”. In fiscal 2022 – one year earlier – Alibaba could grow its top line still 19%, which was already much lower than in the previous years. And Alibaba is struggling to grow right now, which is a disappointment.Intrinsic Value CalculationHowever, we always must put the numbers into perspective and compare it to the current share price and ask ourselves if the price is justified. Although Alibaba moved away a little bit from its previous all-time low, it is still trading clearly below its all-time high. And especially the price-free-cash-flow ratio of only 7.5 is a clear statement for Alibaba being undervalued.Data by YChartsAside from the price-free-cash-flow ratio, we can also use a discount cash flow calculation to determine an intrinsic value for Alibaba. As basis for our calculation, we take the free cash flow of fiscal 2023, which was $24,966 million (I will use the numbers in USD as I will also compare the intrinsic value to the Alibaba quotation in USD). When using 2,610 million outstanding shares and a 10% discount rate, we get an intrinsic value of $95.66 for Alibaba – even when assuming that the company won’t be able to grow its free cash flow ever again.And although Alibaba is already undervalued in this calculation, 0% growth is extremely unrealistic. Instead, let’s still be cautious and assume that Alibaba will remain a low growth company forever and grow only 3% annually from now till perpetuity. This would result in an intrinsic value of $136.55 and make Alibaba clearly undervalued.But more realistic assumptions would be to assume at least 6% growth from now till perpetuity as Alibaba has – in my opinion – a wide economic moat around its business that will keep competitors at bay. When calculating with 6% growth, we get an intrinsic value of $239.14 for Alibaba.I am basically just repeating what I already wrote in previous articles. Alibaba is deeply undervalued. And even when we have to expect the worst and assume that Alibaba will remain a low growth company from now till perpetuity, the stock is still deeply undervalued, and we are looking at a bargain.Breaking Up The BusinessThe biggest news story about Alibaba in the last few months was the announcement on March 28, 2023 of Alibaba’s new organizational and governance structure. Under the new structure, Alibaba Group will remain the holding company of the six major business groups – and each of the six major business groups will be managed independently by its own chief executive officer.And five of the six major business groups will have the flexibility to raise external capital and potentially seek its own initial public offering. The only exception is Taobao & Tmall Group, which will remain a wholly-owned subsidiary by Alibaba Group. The other five business groups will be: Cloud Intelligence Group, Local Services Group, Alibaba International Digital Commerce Group, Cainiao Smart Logistics Network Limited as well as Digital Media and Entertainment Group.As a result of this new organizational structure, we will also see several IPOs in the next 12 to 18 months. The first spin-off (and potential IPO) will be of the Cloud Intelligence Group (see section below). Additionally, Alibaba is pursuing its IPO plan for Cainiao Smart Logistics within the next 12 to 18 months. Right now, Alibaba holds a 67% equity interest. And finally, within the next 6 to 12 months we can also expect the IPO of Freshippo (Hema), Alibaba Group’s proprietary retail chain for groceries and fresh goods with about 275 self-operated stores.Annual Report 2022Basically, Alibaba is breaking up its business into the six business segments it was already reporting in. Nevertheless, it is a major difference and might be a good strategic move – and can be interpreted once again as a strategy to please the authorities. Although the six businesses will remain part of the Alibaba Group, they are each individual corporations and appear less monopolistic (which seems to be rather in line with the Chinese government’s policy goals). JPMorgan Chase analysts even see a philosophical strategy change in the case of Alibaba.Cloud Intelligence GroupThe first – and one of the major – spin-offs will be that of that Cloud Intelligence Group. Additionally, the Cloud Intelligence Group intends to become an independent publicly listed company and investors in Alibaba will receive shares in the new business. The spin-off is expected to be completed within the next 12 months.For fiscal 2023, the cloud business reported only mediocre results. The segment generated RMB 77,203 million and compared to RMB 74,568 million one year earlier, this is resulting in 3.5% year-over-year growth. And such a growth rate is certainly a disappointment. The cloud business of major competitors – in China as well as the United States – also sees lower growth rates, but its peers especially in the United States still see much higher growth rates. And the segment is still not profitable as it reported a loss from operations of RMB 5,161 million (only adjusted EBITA was a positive amount of RMB 1,422 million).However, long-term growth expectations are positive. While Alibaba is clearly lagging the three dominant companies in the global cloud market – Amazon (AMZN) AWS, Microsoft (MSFT) Azure, and Google (GOOG) Cloud – it is the biggest player in China and has a global market share around 4%.StatistaBut even if Alibaba should not be able to offer its cloud services successfully on an international basis, we can still expect high growth rates in China. According to Statista, public cloud revenue will increase from around $54 billion in 2023 to $121 billion in 2027 – resulting in a CAGR of 22.23%.StatistaI would still expect that the new Cloud Intelligence Group has the potential to grow at a high pace and I also expect the business segment (and later the stand-alone business) to be profitable soon.Growing E-commerceBut not only the cloud business will contribute to growth in the years to come. Alibaba’s ecommerce business (which is responsible for most of its revenue) should also be able to grow in the years to come. And although the China ecommerce business had to report a year-over-year decline, growth expectations for the coming years are in high single digits (or sometimes even double digits). It could be problematic for China if its population will actually shrink in coming years and decades (as many predict), but I believe the continuous rise in the country’s standard of living over time will lead to a higher disposable income and people being able to spend more and more money over time.Insider IntelligenceAnd while it is difficult to predict how successful Alibaba will be in offering its cloud services in countries outside of China, it has already managed to establish its ecommerce businesses outside of China. Especially for Lazada in Southeast Asia growth expectations are high. And in fiscal 2022, “Total International Commerce” could increase revenue from RMB 61,078 million in 2022 to RMB 69,204 million in 2023 – resulting in 13.3% year-over-year growth. And especially in the fourth quarter of fiscal 2022, growth accelerated again, and Alibaba could report 41% YoY growth for the business segment.Insider IntelligenceShare BuybacksAside from focusing on top line growth, Alibaba is also continuing to buy back shares, which is a good idea as long as the stock remains deeply undervalued (and in my opinion it is deeply undervalued). During the last quarter, Alibaba repurchased 21.5 million ADSs (the equivalent of 172.4 million ordinary shares) for about $1.9 billion. Alibaba is repurchasing shares with high levels of consistency and decreased the diluted number of outstanding shares from 22,024 million at the end of March 2021 to 21,401 million at the end of March 2022 and 20,882 million at the end of March 2023.The company still has approximately $19.4 billion remaining under the current share repurchase authorization (effective through March 2025) and in my opinion Alibaba should be more aggressive in its share buybacks. As I have pointed out in my last two articles, Alibaba might also consider using parts of its cash, cash equivalents and short-term investments to repurchase shares at this point. As of March 31, 2023, Alibaba had RMB 193.1 billion in cash and cash equivalents (resulting in $28,115 million) as well as RMB 326.5 billion in short-term investments (resulting in $47,541 million). With a current market capitalization of $217 billion, this is enough to repurchase almost 35% of outstanding shares.ConclusionI mentioned above that Alibaba is even undervalued when we don’t assume any growth ever again. But such an assumption is extremely unrealistic for several different reasons. Not only will the cloud and ecommerce business most likely continue to grow at least in the high single digits, but the company can also continue to repurchase shares and therefore adding to bottom line growth. And – although this is rather speculation at this point – breaking up the business in six parts might also turn out to be a smart move by management. Therefore, the conclusion has to be once again: Alibaba is deeply undervalued!Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970624567,"gmtCreate":1684409204359,"gmtModify":1684409207804,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Better sell everything ","listText":"Better sell everything ","text":"Better sell everything","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970624567","repostId":"2336300810","repostType":2,"repost":{"id":"2336300810","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1684408644,"share":"https://ttm.financial/m/news/2336300810?lang=&edition=fundamental","pubTime":"2023-05-18 19:17","market":"sg","language":"en","title":"Grab's Soft Delivery Sales Overshadow Improving Bottomline","url":"https://stock-news.laohu8.com/highlight/detail?id=2336300810","media":"Reuters","summary":"May 18 (Reuters) - Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its ","content":"<html><head></head><body><p style=\"text-align: start;\">May 18 (Reuters) - Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its delivery business, taking the shine off an otherwise positive quarter and sending the Southeast Asian company's shares down.</p><p style=\"text-align: start;\">Total platform sales at Grab's delivery business - its biggest - fell 9% in the March quarter due to the early start of the Ramadan fasting period and the first Chinese New Year without mobility restrictions since the pandemic.</p><p>But the company's finance chief, Peter Oey, struck a positive tone for the unit in an interview, saying that he expected "the second half of the year to be stronger for the delivery business."</p><p style=\"text-align: start;\">The Southeast Asian super-app operator has in the few months embarked on a cost-cutting drive, with measures including a slashing of its cloud bill and hiring freeze for some roles. It has also lowered expenditure on consumer and worker incentives.</p><p style=\"text-align: start;\">The lower incentives helped the delivery business triple its revenue to $275 million, which beat Visible Alpha consensus estimates. Total revenue more than doubled to $525 million, also above expectations of $504.3 million.</p><p>Revenue at the rideshare business - Grab's second-largest - rose 72% to $194 million in the March quarter but it missed the $195.2 million consensus estimate, according to Visible Alpha.</p><p style=\"text-align: start;\">Grab posted a smaller adjusted operating loss of $66 million in the period, compared with a year-ago loss of $287 million.</p><p style=\"text-align: start;\">It also narrowed its forecast for annual adjusted operating loss to $195 million to $235 million, from $275 million to $325 million.</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>Grab's Soft Delivery Sales Overshadow Improving Bottomline</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\">\nGrab's Soft Delivery Sales Overshadow Improving Bottomline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-18 19:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">May 18 (Reuters) - Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its delivery business, taking the shine off an otherwise positive quarter and sending the Southeast Asian company's shares down.</p><p style=\"text-align: start;\">Total platform sales at Grab's delivery business - its biggest - fell 9% in the March quarter due to the early start of the Ramadan fasting period and the first Chinese New Year without mobility restrictions since the pandemic.</p><p>But the company's finance chief, Peter Oey, struck a positive tone for the unit in an interview, saying that he expected "the second half of the year to be stronger for the delivery business."</p><p style=\"text-align: start;\">The Southeast Asian super-app operator has in the few months embarked on a cost-cutting drive, with measures including a slashing of its cloud bill and hiring freeze for some roles. It has also lowered expenditure on consumer and worker incentives.</p><p style=\"text-align: start;\">The lower incentives helped the delivery business triple its revenue to $275 million, which beat Visible Alpha consensus estimates. Total revenue more than doubled to $525 million, also above expectations of $504.3 million.</p><p>Revenue at the rideshare business - Grab's second-largest - rose 72% to $194 million in the March quarter but it missed the $195.2 million consensus estimate, according to Visible Alpha.</p><p style=\"text-align: start;\">Grab posted a smaller adjusted operating loss of $66 million in the period, compared with a year-ago loss of $287 million.</p><p style=\"text-align: start;\">It also narrowed its forecast for annual adjusted operating loss to $195 million to $235 million, from $275 million to $325 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336300810","content_text":"May 18 (Reuters) - Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its delivery business, taking the shine off an otherwise positive quarter and sending the Southeast Asian company's shares down.Total platform sales at Grab's delivery business - its biggest - fell 9% in the March quarter due to the early start of the Ramadan fasting period and the first Chinese New Year without mobility restrictions since the pandemic.But the company's finance chief, Peter Oey, struck a positive tone for the unit in an interview, saying that he expected \"the second half of the year to be stronger for the delivery business.\"The Southeast Asian super-app operator has in the few months embarked on a cost-cutting drive, with measures including a slashing of its cloud bill and hiring freeze for some roles. It has also lowered expenditure on consumer and worker incentives.The lower incentives helped the delivery business triple its revenue to $275 million, which beat Visible Alpha consensus estimates. Total revenue more than doubled to $525 million, also above expectations of $504.3 million.Revenue at the rideshare business - Grab's second-largest - rose 72% to $194 million in the March quarter but it missed the $195.2 million consensus estimate, according to Visible Alpha.Grab posted a smaller adjusted operating loss of $66 million in the period, compared with a year-ago loss of $287 million.It also narrowed its forecast for annual adjusted operating loss to $195 million to $235 million, from $275 million to $325 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","text":"Last chance to short.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/202117325406208","repostId":"1169072813","repostType":2,"repost":{"id":"1169072813","pubTimestamp":1690376691,"share":"https://ttm.financial/m/news/1169072813?lang=&edition=fundamental","pubTime":"2023-07-26 21:04","market":"us","language":"en","title":"VW Takes $700 Million Xpeng Stake for EV Pact to Win Back China","url":"https://stock-news.laohu8.com/highlight/detail?id=1169072813","media":"Bloomberg","summary":"Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.VW will eventu","content":"<html><head></head><body><p>Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.</p><p style=\"text-align: start;\">VW will eventually hold a 4.99% stake in the Chinese company via a capital increase and is getting an observer board seat, it said Wednesday. Its Audi premium brand will deepen ties with VW’s long-term partner SAIC Motor Corp Ltd. to also bolster its EV lineup.</p><p style=\"text-align: start;\">VW is trying to turn the tide in China, where Tesla Inc. and local champion BYD Co. have raced ahead because they’re better at churning out EVs with technology and software geared to local tastes. The company’s EV sales in China dipped in the first half in a market that grew 20%.</p><p>The deals, which bring VW’s count of carmaker partnerships in China to four, mark a turning point for the country’s manufacturers — from learning from foreign partners to helping them with their own technology and designs.</p><p>VW and Xpeng plan at least two new battery-powered models, with the first due to arrive on the market in 2026, the company said.</p><p>Audi’s partnership with SAIC will cover premium EVs and start with models in a segment where the brand isn’t yet represented in China.</p><p style=\"text-align: start;\">The vehicles “are to be equipped with state-of-the-art software and hardware,” VW said in a statement.</p><p style=\"text-align: start;\">Europe’s biggest automaker last month replaced the CEO of Audi partly because it wants to halt the sales slide in the country. The brand has faced delays in developing a new EV platform, hindering its ability to compete.</p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a> surged over 12% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/84ff9fdfe81b60ea4b9da00856d43909\" tg-width=\"631\" tg-height=\"603\"/></p><p></p></body></html>","source":"lsy1584095487587","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>VW Takes $700 Million Xpeng Stake for EV Pact to Win Back China</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\">\nVW Takes $700 Million Xpeng Stake for EV Pact to Win Back China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-26 21:04 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-07-26/vw-takes-700-million-xpeng-stake-for-ev-pact-to-win-back-china?utm_source=google&utm_medium=bd&cmpId=google><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.VW will ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-26/vw-takes-700-million-xpeng-stake-for-ev-pact-to-win-back-china?utm_source=google&utm_medium=bd&cmpId=google\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"https://www.bloomberg.com/news/articles/2023-07-26/vw-takes-700-million-xpeng-stake-for-ev-pact-to-win-back-china?utm_source=google&utm_medium=bd&cmpId=google","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169072813","content_text":"Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.VW will eventually hold a 4.99% stake in the Chinese company via a capital increase and is getting an observer board seat, it said Wednesday. Its Audi premium brand will deepen ties with VW’s long-term partner SAIC Motor Corp Ltd. to also bolster its EV lineup.VW is trying to turn the tide in China, where Tesla Inc. and local champion BYD Co. have raced ahead because they’re better at churning out EVs with technology and software geared to local tastes. The company’s EV sales in China dipped in the first half in a market that grew 20%.The deals, which bring VW’s count of carmaker partnerships in China to four, mark a turning point for the country’s manufacturers — from learning from foreign partners to helping them with their own technology and designs.VW and Xpeng plan at least two new battery-powered models, with the first due to arrive on the market in 2026, the company said.Audi’s partnership with SAIC will cover premium EVs and start with models in a segment where the brand isn’t yet represented in China.The vehicles “are to be equipped with state-of-the-art software and hardware,” VW said in a statement.Europe’s biggest automaker last month replaced the CEO of Audi partly because it wants to halt the sales slide in the country. The brand has faced delays in developing a new EV platform, hindering its ability to compete.XPeng Inc. surged over 12% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193245738377352,"gmtCreate":1688208651083,"gmtModify":1688208654285,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Better sell. Lousy results ","listText":"Better sell. Lousy results ","text":"Better sell. Lousy results","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/193245738377352","repostId":"1164950140","repostType":2,"repost":{"id":"1164950140","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":1688206200,"share":"https://ttm.financial/m/news/1164950140?lang=&edition=fundamental","pubTime":"2023-07-01 18:10","market":"us","language":"en","title":"XPeng Delivers 8,620 Smart EVs, Representing a 15% Increase Over the Prior Month","url":"https://stock-news.laohu8.com/highlight/detail?id=1164950140","media":"Tiger Newspress","summary":"XPeng Inc. today announced its vehicle delivery results for June and the second quarter 2023.In June 2023, XPENG delivered 8,620 Smart EVs, representing a 15% increase over the prior month, with the P","content":"<html><head></head><body><p>XPeng Inc. today announced its vehicle delivery results for June and the second quarter 2023.</p><p style=\"text-align: start;\">In June 2023, XPENG delivered 8,620 Smart EVs, representing a 15% increase over the prior month, with the P7 series deliveries up 17% over the prior month. The Company has achieved positive delivery growth for five consecutive months. Total Smart EV deliveries for the second quarter of 2023 were 23,205 units, representing a quarter-over-quarter increase of 27%. As of June 30, 2023, XPENG has delivered over 300,000 Smart EVs.</p><p style=\"text-align: start;\">The XPENG G6 Ultra Smart Coupe SUV was officially launched on June 29, offering five trim packages and priced between RMB209,900 and RMB276,900. Since its launch, the G6 has been attracting widespread market attention and receiving top-rated reviews.</p><p style=\"text-align: start;\">Initial deliveries of the G6 are set to begin this month, and display vehicles have arrived at showrooms nationwide and are ready for test drives. The industry-leading ADAS function, XNGP, is readily available on all G6 Max versions immediately upon delivery.</p><p style=\"text-align: start;\">In addition to G6's launch in China, XPENG plans to roll out its "AI Valet Driver" capabilities for all XNGP-equipped vehicles, starting in the fourth quarter of 2023. The "AI Valet Driver" mode allows users to customize smart driving routes based on their preferences in a variety of cities across China, making driving safer and more efficient in everyday driving scenarios. Deployment is scheduled to start in the fourth quarter of 2023. Notably, XPENG is the only automaker brand in China to have rolled out City NGP functions in all four of China's top-tier cities - Guangzhou, Shenzhen, Shanghai and Beijing.</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>XPeng Delivers 8,620 Smart EVs, Representing a 15% Increase Over the Prior Month</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\">\nXPeng Delivers 8,620 Smart EVs, Representing a 15% Increase Over the Prior Month\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\">2023-07-01 18:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>XPeng Inc. today announced its vehicle delivery results for June and the second quarter 2023.</p><p style=\"text-align: start;\">In June 2023, XPENG delivered 8,620 Smart EVs, representing a 15% increase over the prior month, with the P7 series deliveries up 17% over the prior month. The Company has achieved positive delivery growth for five consecutive months. Total Smart EV deliveries for the second quarter of 2023 were 23,205 units, representing a quarter-over-quarter increase of 27%. As of June 30, 2023, XPENG has delivered over 300,000 Smart EVs.</p><p style=\"text-align: start;\">The XPENG G6 Ultra Smart Coupe SUV was officially launched on June 29, offering five trim packages and priced between RMB209,900 and RMB276,900. Since its launch, the G6 has been attracting widespread market attention and receiving top-rated reviews.</p><p style=\"text-align: start;\">Initial deliveries of the G6 are set to begin this month, and display vehicles have arrived at showrooms nationwide and are ready for test drives. The industry-leading ADAS function, XNGP, is readily available on all G6 Max versions immediately upon delivery.</p><p style=\"text-align: start;\">In addition to G6's launch in China, XPENG plans to roll out its "AI Valet Driver" capabilities for all XNGP-equipped vehicles, starting in the fourth quarter of 2023. The "AI Valet Driver" mode allows users to customize smart driving routes based on their preferences in a variety of cities across China, making driving safer and more efficient in everyday driving scenarios. Deployment is scheduled to start in the fourth quarter of 2023. Notably, XPENG is the only automaker brand in China to have rolled out City NGP functions in all four of China's top-tier cities - Guangzhou, Shenzhen, Shanghai and Beijing.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164950140","content_text":"XPeng Inc. today announced its vehicle delivery results for June and the second quarter 2023.In June 2023, XPENG delivered 8,620 Smart EVs, representing a 15% increase over the prior month, with the P7 series deliveries up 17% over the prior month. The Company has achieved positive delivery growth for five consecutive months. Total Smart EV deliveries for the second quarter of 2023 were 23,205 units, representing a quarter-over-quarter increase of 27%. As of June 30, 2023, XPENG has delivered over 300,000 Smart EVs.The XPENG G6 Ultra Smart Coupe SUV was officially launched on June 29, offering five trim packages and priced between RMB209,900 and RMB276,900. Since its launch, the G6 has been attracting widespread market attention and receiving top-rated reviews.Initial deliveries of the G6 are set to begin this month, and display vehicles have arrived at showrooms nationwide and are ready for test drives. The industry-leading ADAS function, XNGP, is readily available on all G6 Max versions immediately upon delivery.In addition to G6's launch in China, XPENG plans to roll out its \"AI Valet Driver\" capabilities for all XNGP-equipped vehicles, starting in the fourth quarter of 2023. The \"AI Valet Driver\" mode allows users to customize smart driving routes based on their preferences in a variety of cities across China, making driving safer and more efficient in everyday driving scenarios. Deployment is scheduled to start in the fourth quarter of 2023. Notably, XPENG is the only automaker brand in China to have rolled out City NGP functions in all four of China's top-tier cities - Guangzhou, Shenzhen, Shanghai and Beijing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":509,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373868423,"gmtCreate":1618839410862,"gmtModify":1704715646650,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/IQ\">$iQiyi Inc.(IQ)$</a>when is the block sale gonna end?","listText":"<a href=\"https://laohu8.com/S/IQ\">$iQiyi Inc.(IQ)$</a>when is the block sale gonna end?","text":"$iQiyi Inc.(IQ)$when is the block sale gonna end?","images":[{"img":"https://static.tigerbbs.com/a5ab1fa8a4b5d7d0d4d7a117b161bc03","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/373868423","isVote":1,"tweetType":1,"viewCount":1377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9970624567,"gmtCreate":1684409204359,"gmtModify":1684409207804,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Better sell everything ","listText":"Better sell everything ","text":"Better sell everything","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970624567","repostId":"2336300810","repostType":2,"repost":{"id":"2336300810","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1684408644,"share":"https://ttm.financial/m/news/2336300810?lang=&edition=fundamental","pubTime":"2023-05-18 19:17","market":"sg","language":"en","title":"Grab's Soft Delivery Sales Overshadow Improving Bottomline","url":"https://stock-news.laohu8.com/highlight/detail?id=2336300810","media":"Reuters","summary":"May 18 (Reuters) - Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its ","content":"<html><head></head><body><p style=\"text-align: start;\">May 18 (Reuters) - Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its delivery business, taking the shine off an otherwise positive quarter and sending the Southeast Asian company's shares down.</p><p style=\"text-align: start;\">Total platform sales at Grab's delivery business - its biggest - fell 9% in the March quarter due to the early start of the Ramadan fasting period and the first Chinese New Year without mobility restrictions since the pandemic.</p><p>But the company's finance chief, Peter Oey, struck a positive tone for the unit in an interview, saying that he expected "the second half of the year to be stronger for the delivery business."</p><p style=\"text-align: start;\">The Southeast Asian super-app operator has in the few months embarked on a cost-cutting drive, with measures including a slashing of its cloud bill and hiring freeze for some roles. It has also lowered expenditure on consumer and worker incentives.</p><p style=\"text-align: start;\">The lower incentives helped the delivery business triple its revenue to $275 million, which beat Visible Alpha consensus estimates. Total revenue more than doubled to $525 million, also above expectations of $504.3 million.</p><p>Revenue at the rideshare business - Grab's second-largest - rose 72% to $194 million in the March quarter but it missed the $195.2 million consensus estimate, according to Visible Alpha.</p><p style=\"text-align: start;\">Grab posted a smaller adjusted operating loss of $66 million in the period, compared with a year-ago loss of $287 million.</p><p style=\"text-align: start;\">It also narrowed its forecast for annual adjusted operating loss to $195 million to $235 million, from $275 million to $325 million.</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>Grab's Soft Delivery Sales Overshadow Improving Bottomline</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\">\nGrab's Soft Delivery Sales Overshadow Improving Bottomline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-18 19:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">May 18 (Reuters) - Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its delivery business, taking the shine off an otherwise positive quarter and sending the Southeast Asian company's shares down.</p><p style=\"text-align: start;\">Total platform sales at Grab's delivery business - its biggest - fell 9% in the March quarter due to the early start of the Ramadan fasting period and the first Chinese New Year without mobility restrictions since the pandemic.</p><p>But the company's finance chief, Peter Oey, struck a positive tone for the unit in an interview, saying that he expected "the second half of the year to be stronger for the delivery business."</p><p style=\"text-align: start;\">The Southeast Asian super-app operator has in the few months embarked on a cost-cutting drive, with measures including a slashing of its cloud bill and hiring freeze for some roles. It has also lowered expenditure on consumer and worker incentives.</p><p style=\"text-align: start;\">The lower incentives helped the delivery business triple its revenue to $275 million, which beat Visible Alpha consensus estimates. Total revenue more than doubled to $525 million, also above expectations of $504.3 million.</p><p>Revenue at the rideshare business - Grab's second-largest - rose 72% to $194 million in the March quarter but it missed the $195.2 million consensus estimate, according to Visible Alpha.</p><p style=\"text-align: start;\">Grab posted a smaller adjusted operating loss of $66 million in the period, compared with a year-ago loss of $287 million.</p><p style=\"text-align: start;\">It also narrowed its forecast for annual adjusted operating loss to $195 million to $235 million, from $275 million to $325 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336300810","content_text":"May 18 (Reuters) - Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its delivery business, taking the shine off an otherwise positive quarter and sending the Southeast Asian company's shares down.Total platform sales at Grab's delivery business - its biggest - fell 9% in the March quarter due to the early start of the Ramadan fasting period and the first Chinese New Year without mobility restrictions since the pandemic.But the company's finance chief, Peter Oey, struck a positive tone for the unit in an interview, saying that he expected \"the second half of the year to be stronger for the delivery business.\"The Southeast Asian super-app operator has in the few months embarked on a cost-cutting drive, with measures including a slashing of its cloud bill and hiring freeze for some roles. It has also lowered expenditure on consumer and worker incentives.The lower incentives helped the delivery business triple its revenue to $275 million, which beat Visible Alpha consensus estimates. Total revenue more than doubled to $525 million, also above expectations of $504.3 million.Revenue at the rideshare business - Grab's second-largest - rose 72% to $194 million in the March quarter but it missed the $195.2 million consensus estimate, according to Visible Alpha.Grab posted a smaller adjusted operating loss of $66 million in the period, compared with a year-ago loss of $287 million.It also narrowed its forecast for annual adjusted operating loss to $195 million to $235 million, from $275 million to $325 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346622689,"gmtCreate":1618033409141,"gmtModify":1704706210587,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>die","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>die","text":"$BlackBerry(BB)$die","images":[{"img":"https://static.tigerbbs.com/549937592ed63231d4b472df7be3ee84","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/346622689","isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345719577,"gmtCreate":1618352875599,"gmtModify":1704709443892,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CBAT\">$CBAK Energy Technology, Inc.(CBAT)$</a>sigh","listText":"<a href=\"https://laohu8.com/S/CBAT\">$CBAK Energy Technology, Inc.(CBAT)$</a>sigh","text":"$CBAK Energy Technology, Inc.(CBAT)$sigh","images":[{"img":"https://static.tigerbbs.com/707a2fd6f70da9eaf36be1afa8f5ce2c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/345719577","isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":341884708,"gmtCreate":1617803294804,"gmtModify":1704703338679,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Awesome stock to buy","listText":"Awesome stock to buy","text":"Awesome stock to buy","images":[{"img":"https://static.tigerbbs.com/89fcc15b12e7f6c4691287e0d22a48c1","width":"1080","height":"3192"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/341884708","isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":373861938,"gmtCreate":1618839354924,"gmtModify":1704715644546,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>should I cut loss?","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>should I cut loss?","text":"$BlackBerry(BB)$should I cut loss?","images":[{"img":"https://static.tigerbbs.com/13569110532f75e4684de8e1356f7fad","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/373861938","isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":346059094,"gmtCreate":1617976231018,"gmtModify":1704705543465,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TME\">$Tencent Music(TME)$</a>havnt moon yet","listText":"<a href=\"https://laohu8.com/S/TME\">$Tencent Music(TME)$</a>havnt moon yet","text":"$Tencent Music(TME)$havnt moon yet","images":[{"img":"https://static.tigerbbs.com/1601423421a23836b63d919061b202f7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/346059094","isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":174385356,"gmtCreate":1627079185675,"gmtModify":1703483749562,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>dead","listText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>dead","text":"$TAL Education Group(TAL)$dead","images":[{"img":"https://static.tigerbbs.com/98e8302d0f57e1c60f9081c2ef896ac7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/174385356","isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":347730285,"gmtCreate":1618529857847,"gmtModify":1704712190844,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TME\">$Tencent Music(TME)$</a>what's happening???","listText":"<a href=\"https://laohu8.com/S/TME\">$Tencent Music(TME)$</a>what's happening???","text":"$Tencent Music(TME)$what's happening???","images":[{"img":"https://static.tigerbbs.com/4a53c153d77a3db4af0f0056e281253f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347730285","isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":346593839,"gmtCreate":1618062373421,"gmtModify":1704706412271,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Buy!","listText":"Buy!","text":"Buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/346593839","repostId":"1142324412","repostType":4,"repost":{"id":"1142324412","pubTimestamp":1617982207,"share":"https://ttm.financial/m/news/1142324412?lang=&edition=fundamental","pubTime":"2021-04-09 23:30","market":"us","language":"en","title":"XPeng Inc.: A Reawakening","url":"https://stock-news.laohu8.com/highlight/detail?id=1142324412","media":"seekingalpha","summary":"Valuation is middling but not overvalued like in the past.Recent announcement of capacity expansion in Wuhan lends better operational and sales visibility.Company could breakeven and finally reach positive profits soon; major improvements seen in operating margins.Feared chip shortage was not a disaster, deliveries are still strong.Government support, China's creation of an EV ecosystem.XPEV's strong deliveries describe not only excellent support from the private sector, but also the Chinese go","content":"<p><b>Summary</b></p>\n<ul>\n <li>Valuation is middling but not overvalued like in the past.</li>\n <li>Recent announcement of capacity expansion in Wuhan lends better operational and sales visibility.</li>\n <li>Company could breakeven and finally reach positive profits soon; major improvements seen in operating margins.</li>\n <li>Feared chip shortage (i.e. supply disruption) was not a disaster, deliveries are still strong.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e0f3343d69719839f9b8f1d337c3984\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Robert Way/iStock Editorial via Getty Images</span></p>\n<p><b>Introduction</b></p>\n<p>The stock price of XPEV has been converging with the performance of the S&P 500 since March 2021, as compared to its massive outperformance in 4Q2020. This could be view positively or negatively. On the bright side, this suggests that price performance would become more predictable with lower volatility, indicative of a broadening consensus on the fundamental prospects of the company. On the other hand, traders may be disappointed its lack of momentum. Therefore, this is probably a good time to stop viewing XPEV as purely a trade, but re-analyze its merits as a fundamentally-driven investment.</p>\n<p><i>The frenetic performance of XPEV has calmed down in recent weeks, allowing its one year performance to track the S&P 500 more closely</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f04001d604ecc7892ef3a76c498578b\" tg-width=\"640\" tg-height=\"236\"><span>Source: SeekingAlpha</span></p>\n<p><i>XPEV's G3 Super Long Range Smart SUV</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68446a741f9f97afc10f2149c4e13e13\" tg-width=\"640\" tg-height=\"388\"><span>Source: XPeng Motors (G3、P7) Intelligent electric car with Internet DNA</span></p>\n<p><b>Industry and commercial positives</b></p>\n<p>Optimism on EVs and strong industry growth rates are common knowledge by now. The following points suggest specific positives for XPEV that remain intact despite relatively ebbing momentum on the stock's price (as compared to 4Q2020):</p>\n<ol>\n <li><b>Deliveries met despite fears on chip shortage.</b>While the stock's price momentum appears to have ebbed, recent news continues to remain positive. At an industry level, Chinese vehicle manufacturers XPEV andNIOmanaged to manufacture the expected numbers of vehicle deliveries, despite much feared chip shortages.XPEV chalked in record quarterly deliveries of 13,340 EVs in Q1 2021, +487% over the year and +130% over the month in March.NIO delivered 20,060 +423% over the year while Q1 deliveries rose 15.6% to 20,060. The challenge these EV manufacturers face now is not so much the ability to deliver on its numbers, but on being able to meet high expectations for the stock price to gain further traction.</li>\n <li><b>Government support, China's creation of an EV ecosystem.</b>XPEV's strong deliveries describe not only excellent support from the private sector, but also the Chinese government's push to develop this part of its industry. XPEV has entered into an agreement with the city of Wuhan to build a factory with a capacity of 100,000 EV units. This is a very significant piece of news, considering its deliveries of just 5,102 in March 2021. Annualizing this number, the new capacity will be more than the whole of XPEV's total historical annual production. This news is interesting and significant since it was just released this week, suggesting it may have yet to be factored into analysts' forecast numbers. This is made more important as XPEV has always been considered a laggard in production capabilities to its larger cousin NIO. General Chinese government support for the EV ecosystem is strong, and the new facility in Wuhan echoes earlier provincial government financial support ($77m) in Guangdong. The reality is, for EVs to gain traction, government willingness to support infrastructure initiatives are highly important (e.g. permits for charging stations, creating incentives to convert from old polluting vehicles to green vehicles, etc.). With China's tradition of central planning, the EV ecosystem is placed on the right footing.</li>\n <li><b>Listing in Hong Kong adds to investor base and liquidity.</b>Going forward,XPEV,NIO, and LI intend tolistin Hong Kong this year. This is a strategic move, and makes the valuation of these companies less susceptible by US political bashing (e.g. the threat of being de-listed) should it occur, since it reflects a wider geographical base. The valuations of these companies may even get a boost given greater global liquidity due to added trading in the Asian time zone.</li>\n</ol>\n<p>Of note, in late March, XPEV held an autonomous driving expedition covering eight cities in China and 3,675 kilometers. The exercise was successful, as minimal human intervention was needed during the expedition and adds another brownie point to XPEV's research and development efforts, placing XPEV on the competitive landscape against rivals such as TSLA and NIO on autonomous driving. Apparently, XPEV's autonomous driving results performed better than TSLA's with fewer human interventions per 100km and better navigation in complex situations.</p>\n<p><b>XPEV's improving financials</b></p>\n<p>Now that we have several quarters of financial data on XPEV, it is worth reviewing how its metrics have been performing. Firstly, market expectations aside, deliveries have been very good as abovementioned, and this is flowing through to revenue numbers. As shown in the below table, growth has been very strong, and revenues are expected to more than double in 2021 and continue to double in 2022. Such growth rates place XPEV at the top end of manufacturing firms, as expected of the fast-growing EV market.</p>\n<p>Another point to note is the improvement in operating margins. As with any \"new tech\" company, initial investments would cause hugely negative operating margins in the beginning. What's important is the company's ability to improve margins and reduce costs over time. In this respect, XPEV has done a good job, with operating margins improving sequentially each quarter. Of note, operating margins started to see major improvements between the Jun-2020 (-142%) and Dec-2020 (-39%) quarters as shown in the table below. Given this trend, the company is likely to breakeven and register positive profits soon, which could be a catalytic re-rating for XPEV. When we pair this analysis with the stock price, it appears that XPEV's recently soft stock price performance is not justified.</p>\n<p>Meanwhile, the balance sheet is expected to remain strong. Equity to total liabilities & equity is 23% as at Dec-2020. As abovementioned, further capital raises with a forthcoming Hong Kong listing will add to XPEV's cash buffer.</p>\n<p><i>XPEV's performance improvement in both revenue and operating margin trends appear to have been ignored by the market due to recent the broad market capitulation</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f8258dce0cc10e8118a23afce7655bed\" tg-width=\"726\" tg-height=\"737\"><span>*EST = estimate by analysts' consensus from SeekingAlpha</span></p>\n<p><b>XPEV's valuation: somewhere in the middle</b></p>\n<p>XPEV's stock price has done well over the last 6 months versus peers. On a TTM P/S, XPEV is near the middle although its FWD P/S is trading at a premium. However, there could be a general re-rating of the P/S of the sector if the Chinese EV manufacturers reach breakeven in 2021 and record positive profits (our base case belief, given the prevailing trend in XPEV's improving operating margins). This will then allow better price discovery when the companies can then be valued on their P/E ratios.</p>\n<img src=\"https://static.tigerbbs.com/fa975ce545e950a20f809bcc7f698ef6\" tg-width=\"911\" tg-height=\"594\">\n<table>\n <tbody>\n <tr></tr>\n </tbody>\n</table>\n<p><b>Conclusion and Risks</b></p>\n<p>XPEV's stock price may benefit from two key catalysts: (1) expansion of manufacturing facility in Wuhan, which will concretely raise visibility of revenue growth which is expected to double; (2) a valuation regime change as it progresses from a loss making company to a profitable one, expected by this year. Furthermore, it is worth noting that the valuation is not lofty as compared to price levels in 4Q2020, having fallen over the last couple of months.</p>\n<p>Competition may exist and remain intense, but given the large size of China's market and that there are only a couple of notable players (i.e. NIO, LI), the market remains largely an oligopoly which allows XPEV to retain pricing power.</p>\n<p>Much feared risks of execution in the past appear to have materialized but not in a big way, i.e. the previously expected chip shortage. Given the progression to a post-COVID economy, supply chain links should improve and reduce similar risks in the future.</p>\n<p>On a standalone basis, XPEV's prospects appear bright, and now the key hurdle is whether the NASDAQ will find momentum and exceed previous highs. The base case for this should lean towards the positive as the market is merely in the first year of the economic recovery after the pandemic. Recent price consolidation appears to have created a technical setup for a reawakening of price momentum as consumer activity revives post-pandemic.</p>","source":"seekingalpha","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>XPeng Inc.: A Reawakening</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\">\nXPeng Inc.: A Reawakening\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 23:30 GMT+8 <a href=https://seekingalpha.com/article/4418326-xpeng-inc-reawakening><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nValuation is middling but not overvalued like in the past.\nRecent announcement of capacity expansion in Wuhan lends better operational and sales visibility.\nCompany could breakeven and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4418326-xpeng-inc-reawakening\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车"},"source_url":"https://seekingalpha.com/article/4418326-xpeng-inc-reawakening","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1142324412","content_text":"Summary\n\nValuation is middling but not overvalued like in the past.\nRecent announcement of capacity expansion in Wuhan lends better operational and sales visibility.\nCompany could breakeven and finally reach positive profits soon; major improvements seen in operating margins.\nFeared chip shortage (i.e. supply disruption) was not a disaster, deliveries are still strong.\n\nPhoto by Robert Way/iStock Editorial via Getty Images\nIntroduction\nThe stock price of XPEV has been converging with the performance of the S&P 500 since March 2021, as compared to its massive outperformance in 4Q2020. This could be view positively or negatively. On the bright side, this suggests that price performance would become more predictable with lower volatility, indicative of a broadening consensus on the fundamental prospects of the company. On the other hand, traders may be disappointed its lack of momentum. Therefore, this is probably a good time to stop viewing XPEV as purely a trade, but re-analyze its merits as a fundamentally-driven investment.\nThe frenetic performance of XPEV has calmed down in recent weeks, allowing its one year performance to track the S&P 500 more closely\nSource: SeekingAlpha\nXPEV's G3 Super Long Range Smart SUV\nSource: XPeng Motors (G3、P7) Intelligent electric car with Internet DNA\nIndustry and commercial positives\nOptimism on EVs and strong industry growth rates are common knowledge by now. The following points suggest specific positives for XPEV that remain intact despite relatively ebbing momentum on the stock's price (as compared to 4Q2020):\n\nDeliveries met despite fears on chip shortage.While the stock's price momentum appears to have ebbed, recent news continues to remain positive. At an industry level, Chinese vehicle manufacturers XPEV andNIOmanaged to manufacture the expected numbers of vehicle deliveries, despite much feared chip shortages.XPEV chalked in record quarterly deliveries of 13,340 EVs in Q1 2021, +487% over the year and +130% over the month in March.NIO delivered 20,060 +423% over the year while Q1 deliveries rose 15.6% to 20,060. The challenge these EV manufacturers face now is not so much the ability to deliver on its numbers, but on being able to meet high expectations for the stock price to gain further traction.\nGovernment support, China's creation of an EV ecosystem.XPEV's strong deliveries describe not only excellent support from the private sector, but also the Chinese government's push to develop this part of its industry. XPEV has entered into an agreement with the city of Wuhan to build a factory with a capacity of 100,000 EV units. This is a very significant piece of news, considering its deliveries of just 5,102 in March 2021. Annualizing this number, the new capacity will be more than the whole of XPEV's total historical annual production. This news is interesting and significant since it was just released this week, suggesting it may have yet to be factored into analysts' forecast numbers. This is made more important as XPEV has always been considered a laggard in production capabilities to its larger cousin NIO. General Chinese government support for the EV ecosystem is strong, and the new facility in Wuhan echoes earlier provincial government financial support ($77m) in Guangdong. The reality is, for EVs to gain traction, government willingness to support infrastructure initiatives are highly important (e.g. permits for charging stations, creating incentives to convert from old polluting vehicles to green vehicles, etc.). With China's tradition of central planning, the EV ecosystem is placed on the right footing.\nListing in Hong Kong adds to investor base and liquidity.Going forward,XPEV,NIO, and LI intend tolistin Hong Kong this year. This is a strategic move, and makes the valuation of these companies less susceptible by US political bashing (e.g. the threat of being de-listed) should it occur, since it reflects a wider geographical base. The valuations of these companies may even get a boost given greater global liquidity due to added trading in the Asian time zone.\n\nOf note, in late March, XPEV held an autonomous driving expedition covering eight cities in China and 3,675 kilometers. The exercise was successful, as minimal human intervention was needed during the expedition and adds another brownie point to XPEV's research and development efforts, placing XPEV on the competitive landscape against rivals such as TSLA and NIO on autonomous driving. Apparently, XPEV's autonomous driving results performed better than TSLA's with fewer human interventions per 100km and better navigation in complex situations.\nXPEV's improving financials\nNow that we have several quarters of financial data on XPEV, it is worth reviewing how its metrics have been performing. Firstly, market expectations aside, deliveries have been very good as abovementioned, and this is flowing through to revenue numbers. As shown in the below table, growth has been very strong, and revenues are expected to more than double in 2021 and continue to double in 2022. Such growth rates place XPEV at the top end of manufacturing firms, as expected of the fast-growing EV market.\nAnother point to note is the improvement in operating margins. As with any \"new tech\" company, initial investments would cause hugely negative operating margins in the beginning. What's important is the company's ability to improve margins and reduce costs over time. In this respect, XPEV has done a good job, with operating margins improving sequentially each quarter. Of note, operating margins started to see major improvements between the Jun-2020 (-142%) and Dec-2020 (-39%) quarters as shown in the table below. Given this trend, the company is likely to breakeven and register positive profits soon, which could be a catalytic re-rating for XPEV. When we pair this analysis with the stock price, it appears that XPEV's recently soft stock price performance is not justified.\nMeanwhile, the balance sheet is expected to remain strong. Equity to total liabilities & equity is 23% as at Dec-2020. As abovementioned, further capital raises with a forthcoming Hong Kong listing will add to XPEV's cash buffer.\nXPEV's performance improvement in both revenue and operating margin trends appear to have been ignored by the market due to recent the broad market capitulation\n*EST = estimate by analysts' consensus from SeekingAlpha\nXPEV's valuation: somewhere in the middle\nXPEV's stock price has done well over the last 6 months versus peers. On a TTM P/S, XPEV is near the middle although its FWD P/S is trading at a premium. However, there could be a general re-rating of the P/S of the sector if the Chinese EV manufacturers reach breakeven in 2021 and record positive profits (our base case belief, given the prevailing trend in XPEV's improving operating margins). This will then allow better price discovery when the companies can then be valued on their P/E ratios.\n\n\n\n\n\n\nConclusion and Risks\nXPEV's stock price may benefit from two key catalysts: (1) expansion of manufacturing facility in Wuhan, which will concretely raise visibility of revenue growth which is expected to double; (2) a valuation regime change as it progresses from a loss making company to a profitable one, expected by this year. Furthermore, it is worth noting that the valuation is not lofty as compared to price levels in 4Q2020, having fallen over the last couple of months.\nCompetition may exist and remain intense, but given the large size of China's market and that there are only a couple of notable players (i.e. NIO, LI), the market remains largely an oligopoly which allows XPEV to retain pricing power.\nMuch feared risks of execution in the past appear to have materialized but not in a big way, i.e. the previously expected chip shortage. Given the progression to a post-COVID economy, supply chain links should improve and reduce similar risks in the future.\nOn a standalone basis, XPEV's prospects appear bright, and now the key hurdle is whether the NASDAQ will find momentum and exceed previous highs. The base case for this should lean towards the positive as the market is merely in the first year of the economic recovery after the pandemic. Recent price consolidation appears to have created a technical setup for a reawakening of price momentum as consumer activity revives post-pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341869683,"gmtCreate":1617803384342,"gmtModify":1704703342124,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>buy buy buy","listText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>buy buy buy","text":"$Pinduoduo Inc.(PDD)$buy buy buy","images":[{"img":"https://static.tigerbbs.com/b29131819695e0f9e8bc410904abf3ec","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341869683","isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":189423388180512,"gmtCreate":1687271643994,"gmtModify":1687271648063,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"Dilution is bad","listText":"Dilution is bad","text":"Dilution is bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189423388180512","repostId":"2344423444","repostType":2,"repost":{"id":"2344423444","pubTimestamp":1687270643,"share":"https://ttm.financial/m/news/2344423444?lang=&edition=fundamental","pubTime":"2023-06-20 22:17","market":"hk","language":"en","title":"China's Nio to Get Near $740 Million Investment From Abu Dhabi-Backed Firm","url":"https://stock-news.laohu8.com/highlight/detail?id=2344423444","media":"StreetInsider","summary":"Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest a","content":"<html><head></head><body><p>Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest about $738.5 million in the Chinese electric vehicle maker.</p><p>Nio and peers Xpeng and Li Auto are among the companies competing to grab a larger EV market share in the world's largest automotive market dominated by BYD.</p><p>Under the deal with CYVN Holdings, Nio will issue about 85 million new Class A shares at $8.72 per share to the firm.</p><p>CYVN has also entered into a deal with an affiliate of Tencent Holdings, under which it will pick up some shares of Nio.</p><p>Upon closing of both deals, CYVN will own 7% stake in Nio, the EV maker said.</p><p>Stocks slid slightly in morning trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/566f7180a4101b37fbce917a42728627\" tg-width=\"917\" tg-height=\"614\"/></p><p></p></body></html>","source":"highlight_streetinsider","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>China's Nio to Get Near $740 Million Investment From Abu Dhabi-Backed Firm</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\">\nChina's Nio to Get Near $740 Million Investment From Abu Dhabi-Backed Firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-20 22:17 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=21816614><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest about $738.5 million in the Chinese electric vehicle maker.Nio and peers Xpeng and Li Auto are among ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21816614\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","09866":"蔚来-SW","NIO":"蔚来"},"source_url":"https://www.streetinsider.com/dr/news.php?id=21816614","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2344423444","content_text":"Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest about $738.5 million in the Chinese electric vehicle maker.Nio and peers Xpeng and Li Auto are among the companies competing to grab a larger EV market share in the world's largest automotive market dominated by BYD.Under the deal with CYVN Holdings, Nio will issue about 85 million new Class A shares at $8.72 per share to the firm.CYVN has also entered into a deal with an affiliate of Tencent Holdings, under which it will pick up some shares of Nio.Upon closing of both deals, CYVN will own 7% stake in Nio, the EV maker said.Stocks slid slightly in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175430274,"gmtCreate":1627045524298,"gmtModify":1703483152179,"author":{"id":"3555116903223574","authorId":"3555116903223574","name":"Superdaddy88","avatar":"https://static.tigerbbs.com/c4069bf67e51505aa83ef3020756113f","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555116903223574","authorIdStr":"3555116903223574"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>oh nooooooo","listText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>oh nooooooo","text":"$TAL Education Group(TAL)$oh 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