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KongBeng
2021-07-02
You have two great companies adopting your new chips even before commercial production. TSMC continues to set standards for world chip designs.
Apple, Intel become first to adopt TSMC's latest chip tech - Nikkei
KongBeng
2021-06-25
Good news for Singapore investors! Soon it will be the leading brokerage in Singapore. I hope I can transfer my shares from CDP to Tiger.
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KongBeng
2021-07-16
It is better for Didi to get it over and done with. Going forward it will emerge as a stronger regulatory compliance company.
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KongBeng
2021-07-14
TSM supply almost all chips used by Apple. Watch out for these two great companies.
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KongBeng
2022-01-10
I am always puzzled why TSMC is so undervaluedcompared to other chip manufacturers.
TSMC Sales Set Sixth Quarterly Record on Elevated Chip Demand
KongBeng
2021-09-06
All of them still need Intel or TSMC to manufacture their chips for them.
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KongBeng
2021-04-15
Long awaited good news. Hooray!
TSMC Reports First Quarter EPS of NT$5.39, above forecast
KongBeng
2021-03-24
TSMC technology is 3 years ahead of Intel - producing 3nm while Intel still in 7nm. It is all about how advance your chips are compared to your competitors.
TSMC shares slide, as Taiwan plays down Intel's $20 billion expansion challenge
KongBeng
2021-07-14
After long five years, investors of Wells Fargo are finally rewarded. Way to go!
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KongBeng
2021-05-09
If you are not welcome, shake the dust off your feet and move on. But take care of your loyal investors.
Three Chinese telecom companies to be delisted by NYSE
KongBeng
2021-03-22
TSM will hit the roof with as it is holding >50% market share in foundry chips
These beaten-down tech stocks may be worth their high valuations, two traders say
KongBeng
2021-06-11
With William Li at the helm, NIO is the EV to watch.
China's Nio Faces Battle Royale After Return From Brink of Ruin
KongBeng
2021-06-06
Currently undervalued stock in terms of the potential earning in the next two years. Start accumulating on dip.
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KongBeng
2021-05-17
EV with the most innovative business model
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KongBeng
2021-05-11
I hope Tiger can continue to explore untapped markets in SE Asia - Indonesia, Vietnam and Thailand. Way to go!
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KongBeng
2021-04-26
Good news! It is good for the two countries in terms of relationship as well.
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KongBeng
03-22
$SZSE Comp(399001)$
KongBeng
2022-08-08
đ„
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KongBeng
2021-09-03
It is inevitable that most countries will go for the booster shots. Consider buying BioNTech and Moderna whenever there is a dip.
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Go to Tiger App to see more news
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million) for the first half ended June, from the year-ago figure of 884.6 million yuan.</p><p>The annualised return on equity rose to 14 per cent in H1 2022 from 9 per cent in H1 2021.</p><p>These figures, released by the group on Sunday (Aug 7), exclude earnings from investment segment, which was spun off to Yangzijiang Financial Holding in April.</p><p><b>Keppel Infrastructure Trust (A7RU),</b> <b>Keppel (BN4):</b> The trustee-manager of Keppel Infrastructure Trust (KIT), the trustâs sponsor, as well as Keppel Asia Infrastructure Fund (KAIF) and a co-investor, are fully acquiring Eco Management Korea Holdings (EMK), a South Korean waste management company, for 626.1 billion won (S$666.1 million).</p><p>KIT will hold a 52 per cent stake in the special purpose vehicle through which the acquisition is to be made, it announced in Mondayâs (Aug 8) pre-trade hours. KAIF will hold 30 per cent while Keppel Infrastructure Holdings (KI) â KITâs sponsor and a unit of Keppel Corp â will own 18 per cent.</p><p>EMK is an integrated waste management services player in South Korea, serving the national market. It operates 6 waste-to-energy (WTE) plants and 5 sludge drying facilities.</p><p><b>Lendlease Reit (</b><b>JYEU</b><b>):</b> LENDLEASE Global Commercial Reit (Lendlease Reit) on Monday (Aug 8) posted an improved H2 performance, with distribution per unit (DPU) gaining 4.9 per cent to S$0.0245 from S$0.0234 a year ago.</p><p>Gross revenue was also 68.6 per cent higher at S$62.5 million, following the acquisition of Jem in the second half of FY2022.</p><p>Net property income (NPI) for the real estate investment trust (Reit) grew 72.9 per cent year on year to S$45.9 million in H2, from S$26.5 million earlier.</p><p><b>OUE Lippo Healthcare (5WA):</b> CATALIST-LISTEDOUE Lippo Healthcare (OUELH) on Friday (Aug 5) posted a 93 per cent drop in net profit to S$8.4 million for its half year ended Jun 30, 2022, from S$113.8 million a year earlier. Its revenue, however, was several times that of the previous years: S$42.6 million for H1 FY2022, versus S$9.7 million for H1 FY2021.</p><p>The companyâs financial statement was laden with exceptional items, reflective of a restructuring and the shuffling of control of assets among related companies by the healthcare groupâs parent OUE.</p><p>Most of the increase in OUELHâs revenue came from the consolidation of First Reit, a healthcare Reit within the OUE stable.</p><p><b>Fraser and Neave (F99): </b>BEVERAGE and publishing company Fraser and Neave (F&N) on Friday (Aug 5) posted a 18.3 per cent drop in net profit to S$97.3 million for the 9 months ended June 30, 2022, from S$119.1 million the year before.</p><p>This comes despite the company reporting a revenue of S$1.5 billion for the 9 months, up 2.4 per cent from the same period the preceding year, it said in a business update. F&N said revenue growth was fuelled by its beverages segment, lifted by higher beer and soft drinks volume, alongside higher selling prices.</p><p>On the other hand, revenue from its dairies segment fell 3 per cent due to âunfavourableâ foreign currency translation and lower export sales, the group said, though this was offset partly by higher selling prices.</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>Singapore Stocks to Watch: YZJ Shipbuilding, Keppel, KIT, Lendlease Reit, OUE Lippo Healthcare, F&N</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\">\nSingapore Stocks to Watch: YZJ Shipbuilding, Keppel, KIT, Lendlease Reit, OUE Lippo Healthcare, F&N\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\">2022-08-08 09:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Monday (Aug 8):</p><p><b>Yangzijiang Shipbuilding (BS6):</b> Yangzijiang Shipbuilding (Holdings) has posted a 32 per cent increase in net profit from continuing operations to nearly 1.2 billion yuan (S$244.7 million) for the first half ended June, from the year-ago figure of 884.6 million yuan.</p><p>The annualised return on equity rose to 14 per cent in H1 2022 from 9 per cent in H1 2021.</p><p>These figures, released by the group on Sunday (Aug 7), exclude earnings from investment segment, which was spun off to Yangzijiang Financial Holding in April.</p><p><b>Keppel Infrastructure Trust (A7RU),</b> <b>Keppel (BN4):</b> The trustee-manager of Keppel Infrastructure Trust (KIT), the trustâs sponsor, as well as Keppel Asia Infrastructure Fund (KAIF) and a co-investor, are fully acquiring Eco Management Korea Holdings (EMK), a South Korean waste management company, for 626.1 billion won (S$666.1 million).</p><p>KIT will hold a 52 per cent stake in the special purpose vehicle through which the acquisition is to be made, it announced in Mondayâs (Aug 8) pre-trade hours. KAIF will hold 30 per cent while Keppel Infrastructure Holdings (KI) â KITâs sponsor and a unit of Keppel Corp â will own 18 per cent.</p><p>EMK is an integrated waste management services player in South Korea, serving the national market. It operates 6 waste-to-energy (WTE) plants and 5 sludge drying facilities.</p><p><b>Lendlease Reit (</b><b>JYEU</b><b>):</b> LENDLEASE Global Commercial Reit (Lendlease Reit) on Monday (Aug 8) posted an improved H2 performance, with distribution per unit (DPU) gaining 4.9 per cent to S$0.0245 from S$0.0234 a year ago.</p><p>Gross revenue was also 68.6 per cent higher at S$62.5 million, following the acquisition of Jem in the second half of FY2022.</p><p>Net property income (NPI) for the real estate investment trust (Reit) grew 72.9 per cent year on year to S$45.9 million in H2, from S$26.5 million earlier.</p><p><b>OUE Lippo Healthcare (5WA):</b> CATALIST-LISTEDOUE Lippo Healthcare (OUELH) on Friday (Aug 5) posted a 93 per cent drop in net profit to S$8.4 million for its half year ended Jun 30, 2022, from S$113.8 million a year earlier. Its revenue, however, was several times that of the previous years: S$42.6 million for H1 FY2022, versus S$9.7 million for H1 FY2021.</p><p>The companyâs financial statement was laden with exceptional items, reflective of a restructuring and the shuffling of control of assets among related companies by the healthcare groupâs parent OUE.</p><p>Most of the increase in OUELHâs revenue came from the consolidation of First Reit, a healthcare Reit within the OUE stable.</p><p><b>Fraser and Neave (F99): </b>BEVERAGE and publishing company Fraser and Neave (F&N) on Friday (Aug 5) posted a 18.3 per cent drop in net profit to S$97.3 million for the 9 months ended June 30, 2022, from S$119.1 million the year before.</p><p>This comes despite the company reporting a revenue of S$1.5 billion for the 9 months, up 2.4 per cent from the same period the preceding year, it said in a business update. F&N said revenue growth was fuelled by its beverages segment, lifted by higher beer and soft drinks volume, alongside higher selling prices.</p><p>On the other hand, revenue from its dairies segment fell 3 per cent due to âunfavourableâ foreign currency translation and lower export sales, the group said, though this was offset partly by higher selling prices.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"A7RU.SI":"ććźćșçĄèźŸæœäżĄæ","JYEU.SI":"Lendlease Reit","5WA.SI":"ćèć»çæéć Źćž","F99.SI":"æçźéćą","BN4.SI":"ććźæéć Źćž","BS6.SI":"æŹćæ±èčäž"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117383979","content_text":"THE following companies saw new developments that may affect trading of their securities on Monday (Aug 8):Yangzijiang Shipbuilding (BS6): Yangzijiang Shipbuilding (Holdings) has posted a 32 per cent increase in net profit from continuing operations to nearly 1.2 billion yuan (S$244.7 million) for the first half ended June, from the year-ago figure of 884.6 million yuan.The annualised return on equity rose to 14 per cent in H1 2022 from 9 per cent in H1 2021.These figures, released by the group on Sunday (Aug 7), exclude earnings from investment segment, which was spun off to Yangzijiang Financial Holding in April.Keppel Infrastructure Trust (A7RU), Keppel (BN4): The trustee-manager of Keppel Infrastructure Trust (KIT), the trustâs sponsor, as well as Keppel Asia Infrastructure Fund (KAIF) and a co-investor, are fully acquiring Eco Management Korea Holdings (EMK), a South Korean waste management company, for 626.1 billion won (S$666.1 million).KIT will hold a 52 per cent stake in the special purpose vehicle through which the acquisition is to be made, it announced in Mondayâs (Aug 8) pre-trade hours. KAIF will hold 30 per cent while Keppel Infrastructure Holdings (KI) â KITâs sponsor and a unit of Keppel Corp â will own 18 per cent.EMK is an integrated waste management services player in South Korea, serving the national market. It operates 6 waste-to-energy (WTE) plants and 5 sludge drying facilities.Lendlease Reit (JYEU): LENDLEASE Global Commercial Reit (Lendlease Reit) on Monday (Aug 8) posted an improved H2 performance, with distribution per unit (DPU) gaining 4.9 per cent to S$0.0245 from S$0.0234 a year ago.Gross revenue was also 68.6 per cent higher at S$62.5 million, following the acquisition of Jem in the second half of FY2022.Net property income (NPI) for the real estate investment trust (Reit) grew 72.9 per cent year on year to S$45.9 million in H2, from S$26.5 million earlier.OUE Lippo Healthcare (5WA): CATALIST-LISTEDOUE Lippo Healthcare (OUELH) on Friday (Aug 5) posted a 93 per cent drop in net profit to S$8.4 million for its half year ended Jun 30, 2022, from S$113.8 million a year earlier. Its revenue, however, was several times that of the previous years: S$42.6 million for H1 FY2022, versus S$9.7 million for H1 FY2021.The companyâs financial statement was laden with exceptional items, reflective of a restructuring and the shuffling of control of assets among related companies by the healthcare groupâs parent OUE.Most of the increase in OUELHâs revenue came from the consolidation of First Reit, a healthcare Reit within the OUE stable.Fraser and Neave (F99): BEVERAGE and publishing company Fraser and Neave (F&N) on Friday (Aug 5) posted a 18.3 per cent drop in net profit to S$97.3 million for the 9 months ended June 30, 2022, from S$119.1 million the year before.This comes despite the company reporting a revenue of S$1.5 billion for the 9 months, up 2.4 per cent from the same period the preceding year, it said in a business update. F&N said revenue growth was fuelled by its beverages segment, lifted by higher beer and soft drinks volume, alongside higher selling prices.On the other hand, revenue from its dairies segment fell 3 per cent due to âunfavourableâ foreign currency translation and lower export sales, the group said, though this was offset partly by higher selling prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006574509,"gmtCreate":1641804976420,"gmtModify":1676533649302,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"I am always puzzled why TSMC is so undervaluedcompared to other chip manufacturers. ","listText":"I am always puzzled why TSMC is so undervaluedcompared to other chip manufacturers. ","text":"I am always puzzled why TSMC is so undervaluedcompared to other chip manufacturers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006574509","repostId":"2202225932","repostType":4,"isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817867906,"gmtCreate":1630932889005,"gmtModify":1676530423421,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"All of them still need Intel or TSMC to manufacture their chips for them. ","listText":"All of them still need Intel or TSMC to manufacture their chips for them. ","text":"All of them still need Intel or TSMC to manufacture their chips for them.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817867906","repostId":"1121396906","repostType":4,"isVote":1,"tweetType":1,"viewCount":684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812715826,"gmtCreate":1630624815665,"gmtModify":1676530357169,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"It is inevitable that most countries will go for the booster shots. Consider buying BioNTech and Moderna whenever there is a dip. ","listText":"It is inevitable that most countries will go for the booster shots. Consider buying BioNTech and Moderna whenever there is a dip. ","text":"It is inevitable that most countries will go for the booster shots. Consider buying BioNTech and Moderna whenever there is a dip.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812715826","repostId":"2164826521","repostType":2,"repost":{"id":"2164826521","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the worldâs most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1630611960,"share":"https://ttm.financial/m/news/2164826521?lang=&edition=fundamental","pubTime":"2021-09-03 03:46","market":"hk","language":"en","title":"FDA committee to discuss COVID-19 booster shots","url":"https://stock-news.laohu8.com/highlight/detail?id=2164826521","media":"Dow Jones","summary":"MW FDA committee to discuss COVID-19 booster shots\n\n\n An influential Food and Drug Administration a","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW FDA committee to discuss COVID-19 booster shots\n</p>\n<p>\n An influential Food and Drug Administration advisory committee plans to meet Sept. 17 to discuss extra doses of the COVID-19 vaccines, including the application filed by <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> (BNTX) and Pfizer Inc. <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> for a third dose of their COVID-19 shot. Moderna Inc. <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a> on Wednesday also submitted its application for a booster dose of its COVID-19 vaccine. The FDA's Vaccines and Related Biological Products Advisory Committee traditionally recommends whether the FDA should authorize or approve a vaccine or drug. The regulator is not required to follow the advice of the committee but it often does. The Biden administration previously said that COVID-19 booster shots will be available to adults starting Sept. 20, though availability will be dependent on a stamp of approval from the FDA and the Centers for Disease Control and Prevention. \"The FDA will review the supplemental application as expeditiously as possible, while still doing so in a thorough and science-based manner,\" Dr. Peter Marks, the director of the FDA's Center for Biologics Research and Evaluation, said in a statement on Wednesday. \n</p>\n<p>\n -Jaimy Lee \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n September 02, 2021 15:46 ET (19:46 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></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>FDA committee to discuss COVID-19 booster shots</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\">\nFDA committee to discuss COVID-19 booster shots\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-03 03:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW FDA committee to discuss COVID-19 booster shots\n</p>\n<p>\n An influential Food and Drug Administration advisory committee plans to meet Sept. 17 to discuss extra doses of the COVID-19 vaccines, including the application filed by <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> (BNTX) and Pfizer Inc. <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> for a third dose of their COVID-19 shot. Moderna Inc. <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a> on Wednesday also submitted its application for a booster dose of its COVID-19 vaccine. The FDA's Vaccines and Related Biological Products Advisory Committee traditionally recommends whether the FDA should authorize or approve a vaccine or drug. The regulator is not required to follow the advice of the committee but it often does. The Biden administration previously said that COVID-19 booster shots will be available to adults starting Sept. 20, though availability will be dependent on a stamp of approval from the FDA and the Centers for Disease Control and Prevention. \"The FDA will review the supplemental application as expeditiously as possible, while still doing so in a thorough and science-based manner,\" Dr. Peter Marks, the director of the FDA's Center for Biologics Research and Evaluation, said in a statement on Wednesday. \n</p>\n<p>\n -Jaimy Lee \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n September 02, 2021 15:46 ET (19:46 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"èŸç","MRNA":"Moderna, Inc.","BNTX":"BioNTech SE"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164826521","content_text":"MW FDA committee to discuss COVID-19 booster shots\n\n\n An influential Food and Drug Administration advisory committee plans to meet Sept. 17 to discuss extra doses of the COVID-19 vaccines, including the application filed by BioNTech SE (BNTX) and Pfizer Inc. $(PFE)$ for a third dose of their COVID-19 shot. Moderna Inc. $(MRNA)$ on Wednesday also submitted its application for a booster dose of its COVID-19 vaccine. The FDA's Vaccines and Related Biological Products Advisory Committee traditionally recommends whether the FDA should authorize or approve a vaccine or drug. The regulator is not required to follow the advice of the committee but it often does. The Biden administration previously said that COVID-19 booster shots will be available to adults starting Sept. 20, though availability will be dependent on a stamp of approval from the FDA and the Centers for Disease Control and Prevention. \"The FDA will review the supplemental application as expeditiously as possible, while still doing so in a thorough and science-based manner,\" Dr. Peter Marks, the director of the FDA's Center for Biologics Research and Evaluation, said in a statement on Wednesday. \n\n\n -Jaimy Lee \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n September 02, 2021 15:46 ET (19:46 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170887524,"gmtCreate":1626420283168,"gmtModify":1703759824193,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"It is better for Didi to get it over and done with. Going forward it will emerge as a stronger regulatory compliance company. ","listText":"It is better for Didi to get it over and done with. Going forward it will emerge as a stronger regulatory compliance company. ","text":"It is better for Didi to get it over and done with. Going forward it will emerge as a stronger regulatory compliance company.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170887524","repostId":"2151570666","repostType":2,"isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144398579,"gmtCreate":1626266344291,"gmtModify":1703756645054,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"TSM supply almost all chips used by Apple. Watch out for these two great companies. ","listText":"TSM supply almost all chips used by Apple. Watch out for these two great companies. ","text":"TSM supply almost all chips used by Apple. Watch out for these two great companies.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144398579","repostId":"1158281742","repostType":4,"repost":{"id":"1158281742","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626249848,"share":"https://ttm.financial/m/news/1158281742?lang=&edition=fundamental","pubTime":"2021-07-14 16:04","market":"us","language":"en","title":"Apple shares rises nearly 1% in premarket trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1158281742","media":"Tiger Newspress","summary":"Apple shares rises nearly 1% in premarket trading.\nApple Inc. has asked suppliers to build as many a","content":"<p>Apple shares rises nearly 1% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/35d519e7b8520bdf005ef08215187349\" tg-width=\"1290\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Apple Inc. has asked suppliers to build as many as 90 million next-generation iPhones this year, a sharp increase from its 2020 iPhone shipments, according to people with knowledge of the matter.</p>\n<p>The Cupertino, California-based tech giant has maintained a consistent level in recent years of roughly 75 million units for the initial run from a deviceâs launch through the end of the year. The upgraded forecast for 2021 would suggest the company anticipates its first iPhone launch since the rollout of Covid-19 vaccines will unlock additional demand. The next iPhones will be Appleâs second with 5G, a key enticement pushing users to upgrade.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple shares rises nearly 1% in premarket trading.</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\">\nApple shares rises nearly 1% in premarket trading.\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\">2021-07-14 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Apple shares rises nearly 1% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/35d519e7b8520bdf005ef08215187349\" tg-width=\"1290\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Apple Inc. has asked suppliers to build as many as 90 million next-generation iPhones this year, a sharp increase from its 2020 iPhone shipments, according to people with knowledge of the matter.</p>\n<p>The Cupertino, California-based tech giant has maintained a consistent level in recent years of roughly 75 million units for the initial run from a deviceâs launch through the end of the year. The upgraded forecast for 2021 would suggest the company anticipates its first iPhone launch since the rollout of Covid-19 vaccines will unlock additional demand. The next iPhones will be Appleâs second with 5G, a key enticement pushing users to upgrade.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"èčæ"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158281742","content_text":"Apple shares rises nearly 1% in premarket trading.\nApple Inc. has asked suppliers to build as many as 90 million next-generation iPhones this year, a sharp increase from its 2020 iPhone shipments, according to people with knowledge of the matter.\nThe Cupertino, California-based tech giant has maintained a consistent level in recent years of roughly 75 million units for the initial run from a deviceâs launch through the end of the year. The upgraded forecast for 2021 would suggest the company anticipates its first iPhone launch since the rollout of Covid-19 vaccines will unlock additional demand. The next iPhones will be Appleâs second with 5G, a key enticement pushing users to upgrade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":629,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","crmLevel":5,"crmLevelSwitch":1,"idStr":"3572923586954779","authorIdStr":"3572923586954779"},"content":"Owned both. AAPL definitely had more to run up. TSMC however is a bit risky at current price. Fully priced in with limited upside, in my opinion","text":"Owned both. AAPL definitely had more to run up. TSMC however is a bit risky at current price. Fully priced in with limited upside, in my opinion","html":"Owned both. AAPL definitely had more to run up. TSMC however is a bit risky at current price. Fully priced in with limited upside, in my opinion"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144308001,"gmtCreate":1626265754003,"gmtModify":1703756628697,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"After long five years, investors of Wells Fargo are finally rewarded. Way to go! ","listText":"After long five years, investors of Wells Fargo are finally rewarded. Way to go! ","text":"After long five years, investors of Wells Fargo are finally rewarded. Way to go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144308001","repostId":"2151162795","repostType":2,"repost":{"id":"2151162795","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626263444,"share":"https://ttm.financial/m/news/2151162795?lang=&edition=fundamental","pubTime":"2021-07-14 19:50","market":"us","language":"en","title":"Wells Fargo Q2 EPS $1.38 Beats $0.97 Estimate, Sales $20.27B Beat $17.75B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2151162795","media":"Benzinga","summary":"Wells Fargo & Co swung to a profit in the second quarter, the bank said on Wednesday, as it released","content":"<p>Wells Fargo & Co swung to a profit in the second quarter, the bank said on Wednesday, as it released funds set aside to cover soured loans, while costs tied to its years-old sales practices scandal stabilized.</p>\n<p>Wells Fargo has been operating under penalties from regulators since 2016 when details of a sales scandal emerged and led to the departure of two chief executives and billions of dollars in litigation and remediation costs.</p>\n<p>Under an order imposed by the Federal Reserve in 2018, the bank is not allowed to let its assets rise above $1.95 trillion.</p>\n<p>Wells Fargo, however, began to rein in costs this year, signaling that it may finally be emerging from the episode that has dogged it for nearly five years.</p>\n<p>The fourth-largest U.S. lender reported a profit of $6 billion, or $1.38 per share, compared with a net loss of $3.85 billion, or $1.01 per share, a year earlier.</p>\n<p>Analysts on average had expected a profit of 97 cents per share, according to estimates from Refinitiv.</p>\n<p>Total revenue rose 11% to $20.27 billion.</p>\n<p>Wells Fargo shares up 0.4% premarket.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wells Fargo Q2 EPS $1.38 Beats $0.97 Estimate, Sales $20.27B Beat $17.75B Estimate</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\">\nWells Fargo Q2 EPS $1.38 Beats $0.97 Estimate, Sales $20.27B Beat $17.75B Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-14 19:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wells Fargo & Co swung to a profit in the second quarter, the bank said on Wednesday, as it released funds set aside to cover soured loans, while costs tied to its years-old sales practices scandal stabilized.</p>\n<p>Wells Fargo has been operating under penalties from regulators since 2016 when details of a sales scandal emerged and led to the departure of two chief executives and billions of dollars in litigation and remediation costs.</p>\n<p>Under an order imposed by the Federal Reserve in 2018, the bank is not allowed to let its assets rise above $1.95 trillion.</p>\n<p>Wells Fargo, however, began to rein in costs this year, signaling that it may finally be emerging from the episode that has dogged it for nearly five years.</p>\n<p>The fourth-largest U.S. lender reported a profit of $6 billion, or $1.38 per share, compared with a net loss of $3.85 billion, or $1.01 per share, a year earlier.</p>\n<p>Analysts on average had expected a profit of 97 cents per share, according to estimates from Refinitiv.</p>\n<p>Total revenue rose 11% to $20.27 billion.</p>\n<p>Wells Fargo shares up 0.4% premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","WFC":"ćŻćœé¶èĄ"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151162795","content_text":"Wells Fargo & Co swung to a profit in the second quarter, the bank said on Wednesday, as it released funds set aside to cover soured loans, while costs tied to its years-old sales practices scandal stabilized.\nWells Fargo has been operating under penalties from regulators since 2016 when details of a sales scandal emerged and led to the departure of two chief executives and billions of dollars in litigation and remediation costs.\nUnder an order imposed by the Federal Reserve in 2018, the bank is not allowed to let its assets rise above $1.95 trillion.\nWells Fargo, however, began to rein in costs this year, signaling that it may finally be emerging from the episode that has dogged it for nearly five years.\nThe fourth-largest U.S. lender reported a profit of $6 billion, or $1.38 per share, compared with a net loss of $3.85 billion, or $1.01 per share, a year earlier.\nAnalysts on average had expected a profit of 97 cents per share, according to estimates from Refinitiv.\nTotal revenue rose 11% to $20.27 billion.\nWells Fargo shares up 0.4% premarket.","news_type":1},"isVote":1,"tweetType":1,"viewCount":874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142453896,"gmtCreate":1626170574815,"gmtModify":1703754739261,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"Wow! Corporate responsibility at the highest level! Well done, Foxcomm and TSMC. ","listText":"Wow! Corporate responsibility at the highest level! Well done, Foxcomm and TSMC. ","text":"Wow! Corporate responsibility at the highest level! Well done, Foxcomm and TSMC.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142453896","repostId":"1123569571","repostType":2,"repost":{"id":"1123569571","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626052874,"share":"https://ttm.financial/m/news/1123569571?lang=&edition=fundamental","pubTime":"2021-07-12 09:21","market":"us","language":"en","title":"Foxconn, TSMC Team Up To Procure COVID-19 Vaccines From BioNTech","url":"https://stock-news.laohu8.com/highlight/detail?id=1123569571","media":"Benzinga","summary":"1Hon Hai Precision Industry Co., Ltd.HNHAF, popularly known as Foxconn, andTaiwan Semiconductor Manu","content":"<p>1<b>Hon Hai Precision Industry Co., Ltd.</b>HNHAF, popularly known as Foxconn, and<b>Taiwan Semiconductor Manufacturing Company</b>TSM 2.27%are joining hands for a purpose unrelated to their core businesses.</p>\n<p><b>What Happened:</b> Foxconn and TSM are close to signing a deal to procure COVID-19 vaccine shots from German biotech <b>BioNTech SE</b> BNTX 4.55%, Reuters reported. BioNTech along with U.S. pharma giant <b>Pfizer, Inc.</b> PFE 0.97%are authorized by several global drug regulators to market an mRNA vaccine for emergency use.</p>\n<p>The Taiwanese companies are reportedly acting on behalf of the government, which has faced severe handicaps in clinching a contract. The Taiwanese government has blamed the stalemate on the interference from China, the report said.</p>\n<p>Incidentally, China claims Taiwan, a self-ruled country, as its territory.</p>\n<p>Foxconn is <b>Apple Inc.'s</b> AAPL 1.31%contract manufacturer, assembling iPhones and TSMC, a Taiwanese foundry, is a major chip supplier for the tech giant.</p>\n<p>\"TSMC confirms that the Company has a plan to purchase and donate BNT vaccines to TW government,\" the company said in emailed statement to Benzinga. \"Right now, we are in the middle of the contract signing process and there are multiple parties involved. We will make announcements once it is completed.\"</p>\n<p>TSMC and Foxconn are looking to procure 5 million doses each, the report said.</p>\n<p><b>Why It's Important:</b> Taiwan, being a key outsourcing hub for major global tech players, is a strategically important island. About one-tenth of the island nation's 23.5 million have received at least one dose of COVID-19 vaccine, Reuters said.</p>\n<p>The country has contracted to receive vaccine doses from<b>AstraZeneca, Inc.</b>AZN 0.62%and<b>Moderna, Inc.</b>MRNA 0.01%.</p>\n<p>China apparently is seeking Taiwan to abide by the commercial rules in place and want the country to source vaccines through Fosun Pharmaceutical Group Co Ltd. The Chinese pharma company has adealwith BioNTech to supply COVID-19 vaccines to the Greater China region that includes mainland China, Hong Kong, Macau and Taiwan.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foxconn, TSMC Team Up To Procure COVID-19 Vaccines From BioNTech</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\">\nFoxconn, TSMC Team Up To Procure COVID-19 Vaccines From BioNTech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-12 09:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>1<b>Hon Hai Precision Industry Co., Ltd.</b>HNHAF, popularly known as Foxconn, and<b>Taiwan Semiconductor Manufacturing Company</b>TSM 2.27%are joining hands for a purpose unrelated to their core businesses.</p>\n<p><b>What Happened:</b> Foxconn and TSM are close to signing a deal to procure COVID-19 vaccine shots from German biotech <b>BioNTech SE</b> BNTX 4.55%, Reuters reported. BioNTech along with U.S. pharma giant <b>Pfizer, Inc.</b> PFE 0.97%are authorized by several global drug regulators to market an mRNA vaccine for emergency use.</p>\n<p>The Taiwanese companies are reportedly acting on behalf of the government, which has faced severe handicaps in clinching a contract. The Taiwanese government has blamed the stalemate on the interference from China, the report said.</p>\n<p>Incidentally, China claims Taiwan, a self-ruled country, as its territory.</p>\n<p>Foxconn is <b>Apple Inc.'s</b> AAPL 1.31%contract manufacturer, assembling iPhones and TSMC, a Taiwanese foundry, is a major chip supplier for the tech giant.</p>\n<p>\"TSMC confirms that the Company has a plan to purchase and donate BNT vaccines to TW government,\" the company said in emailed statement to Benzinga. \"Right now, we are in the middle of the contract signing process and there are multiple parties involved. We will make announcements once it is completed.\"</p>\n<p>TSMC and Foxconn are looking to procure 5 million doses each, the report said.</p>\n<p><b>Why It's Important:</b> Taiwan, being a key outsourcing hub for major global tech players, is a strategically important island. About one-tenth of the island nation's 23.5 million have received at least one dose of COVID-19 vaccine, Reuters said.</p>\n<p>The country has contracted to receive vaccine doses from<b>AstraZeneca, Inc.</b>AZN 0.62%and<b>Moderna, Inc.</b>MRNA 0.01%.</p>\n<p>China apparently is seeking Taiwan to abide by the commercial rules in place and want the country to source vaccines through Fosun Pharmaceutical Group Co Ltd. The Chinese pharma company has adealwith BioNTech to supply COVID-19 vaccines to the Greater China region that includes mainland China, Hong Kong, Macau and Taiwan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"601138":"ć·„äžćŻè","BNTX":"BioNTech SE","PFE":"èŸç","AAPL":"èčæ","TSM":"ć°ç§Żç”"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123569571","content_text":"1Hon Hai Precision Industry Co., Ltd.HNHAF, popularly known as Foxconn, andTaiwan Semiconductor Manufacturing CompanyTSM 2.27%are joining hands for a purpose unrelated to their core businesses.\nWhat Happened: Foxconn and TSM are close to signing a deal to procure COVID-19 vaccine shots from German biotech BioNTech SE BNTX 4.55%, Reuters reported. BioNTech along with U.S. pharma giant Pfizer, Inc. PFE 0.97%are authorized by several global drug regulators to market an mRNA vaccine for emergency use.\nThe Taiwanese companies are reportedly acting on behalf of the government, which has faced severe handicaps in clinching a contract. The Taiwanese government has blamed the stalemate on the interference from China, the report said.\nIncidentally, China claims Taiwan, a self-ruled country, as its territory.\nFoxconn is Apple Inc.'s AAPL 1.31%contract manufacturer, assembling iPhones and TSMC, a Taiwanese foundry, is a major chip supplier for the tech giant.\n\"TSMC confirms that the Company has a plan to purchase and donate BNT vaccines to TW government,\" the company said in emailed statement to Benzinga. \"Right now, we are in the middle of the contract signing process and there are multiple parties involved. We will make announcements once it is completed.\"\nTSMC and Foxconn are looking to procure 5 million doses each, the report said.\nWhy It's Important: Taiwan, being a key outsourcing hub for major global tech players, is a strategically important island. About one-tenth of the island nation's 23.5 million have received at least one dose of COVID-19 vaccine, Reuters said.\nThe country has contracted to receive vaccine doses fromAstraZeneca, Inc.AZN 0.62%andModerna, Inc.MRNA 0.01%.\nChina apparently is seeking Taiwan to abide by the commercial rules in place and want the country to source vaccines through Fosun Pharmaceutical Group Co Ltd. The Chinese pharma company has adealwith BioNTech to supply COVID-19 vaccines to the Greater China region that includes mainland China, Hong Kong, Macau and Taiwan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156139637,"gmtCreate":1625200775829,"gmtModify":1703738248174,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"You have two great companies adopting your new chips even before commercial production. TSMC continues to set standards for world chip designs. ","listText":"You have two great companies adopting your new chips even before commercial production. TSMC continues to set standards for world chip designs. ","text":"You have two great companies adopting your new chips even before commercial production. TSMC continues to set standards for world chip designs.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/156139637","repostId":"2148873174","repostType":2,"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122881665,"gmtCreate":1624610637557,"gmtModify":1703841667512,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"Good news for Singapore investors! Soon it will be the leading brokerage in Singapore. I hope I can transfer my shares from CDP to Tiger. ","listText":"Good news for Singapore investors! Soon it will be the leading brokerage in Singapore. I hope I can transfer my shares from CDP to Tiger. ","text":"Good news for Singapore investors! Soon it will be the leading brokerage in Singapore. I hope I can transfer my shares from CDP to Tiger.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/122881665","repostId":"1199923953","repostType":2,"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181545591,"gmtCreate":1623403856513,"gmtModify":1704202671850,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"With William Li at the helm, NIO is the EV to watch. ","listText":"With William Li at the helm, NIO is the EV to watch. ","text":"With William Li at the helm, NIO is the EV to watch.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181545591","repostId":"2142220719","repostType":2,"repost":{"id":"2142220719","kind":"news","pubTimestamp":1623375318,"share":"https://ttm.financial/m/news/2142220719?lang=&edition=fundamental","pubTime":"2021-06-11 09:35","market":"us","language":"en","title":"China's Nio Faces Battle Royale After Return From Brink of Ruin","url":"https://stock-news.laohu8.com/highlight/detail?id=2142220719","media":"Bloomberg","summary":" -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.Urbane, early adopters in Chinaâs biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. N","content":"<p>(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.</p>\n<p>Li manages to spoon a small amount of fried rice and vegetables onto his plate, but heâs not here for the food. Over the next three hours, Li poses for hundreds more photos, chatting with customers of the automaker he started just over six years ago and has built into a way of life â at least for the people who buy his cars â with clubhouses, a round-the-clock battery recharging service and even clothing, food and exercise equipment, all decked out in Nioâs geometric logo. As Li works the room, a video backdrop shows six performers, each wearing a different-colored Nio hoodie, singing a self-composed song dedicated to the company. âMeeting with Nio, we want to be better selves,ââ the not-so-catchy ditty goes.</p>\n<p>While other billionaire executives may cringe at spending their down time glad-handing customers, for Li this is core. Nioâs business model relies on creating a sense of allegiance among buyers, who then persuade friends and family to spread the word about its cars. Dubbed âRippling Mode,ââ the strategy invokes the ever-widening circles caused by throwing a single stone into a pond, Li says. The scene in Shanghai was just what he was aiming for: a passionate customer base with the loyalty of Apple Inc. fans â and a dash of Elon Musk cult-of-personality thrown in.</p>\n<p>Itâs an approach thatâs turned Nio into Muskâs most visible nemesis in a country that seems to be minting Tesla adversaries every other day. While other electric vehicle companies may pump out more cars aimed at the mass market, Nio is targeting the premium buyers that Musk â who established his first Gigafactory outside the U.S. on the outskirts of Shanghai in 2019 â needs to realize his ambitions for global growth and long-term profitability. China is ground-zero in the transition away from gas-guzzlers to alternative-energy cars, with the government intent on dominating a new automotive era that has triggered an onslaught of investment over the past six months and that even the U.S. is now embracing.</p>\n<p>The biggest car market on the planet, China is already the worldâs largest for EVs. Sales will reach 2 million this year and surge to 6.2 million vehicles by 2025, when they will account for a quarter of all passenger car sales in the country, according to BloombergNEF.</p>\n<p>Urbane, early adopters in Chinaâs biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. Nioâs premium ES6 SUV competes head-to-head with the sporty Model Y that Tesla started making in China last year. Itâs a tussle thatâs front and center for Li, who in an interview with Bloomberg talked about how the eldest of his two sons, a first grader, wants to follow in his footsteps.</p>\n<p>âOne day he told me that he would study hard and work hard, helping dad beat Tesla when he grows up,â said Li. âItâs going to be too late, I said.â</p>\n<p>These days, that prospect is looking less like wishful thinking.</p>\n<p>Nio delivered more than 20,000 vehicles, all of them SUVs, in the first quarter at an average price of $68,000, while Tesla shipped around 17,000 of its Model Y sports utility vehicle in China, which starts at around $53,000. Nio's share of the overall China market for higher end cars is second only to Tesla, according to Kang Jun, an analyst at consultancy LMC Automotive, and it's set a âbenchmarkâ for the wider EV space, âparticularly in product and service innovation.â</p>\n<p>Tesla has also faced a raft of setbacks of late in China, which accounted for more than 20% of all revenue last year. Increased scrutiny from local regulators has been accompanied by a rising backlash against Tesla and its cars, culminating in <a href=\"https://laohu8.com/S/AONE\">one</a> owner climbing on top of a Model 3 at the recent Shanghai Auto Show, claiming the company failed to address issues with her vehicleâs brakes. The protest, which went viral in China, unleashed a wave of complaints about Teslaâs customer service, the very thing Li â who regularly replies to queries from Nio owners on the companyâs app and has taken weekend trips across China to meet customers â has used to differentiate Nio in the cut-throat EV landscape.</p>\n<p>But Tesla isnât the only foe Li has to worry about. A Battle Royale is brewing in Chinaâs new energy car market â where retail sales of battery-powered passenger vehicles jumped 10% to 1.11 million last year, despite the hit from the pandemic â <a href=\"https://laohu8.com/S/AONE.U\">one</a> that will challenge both Nio and Tesla, and set the stage for global control over the future of cars.</p>\n<p>After years watching from the sidelines, the big auto-making giants are doubling down on EVs, with Volkswagen AG launching an eight-car range from its platform designed for battery electric cars in China, Toyota Motor Corp. unveiling a new EV platform, and premium carmakers like BMW AG aiming for one-quarter of all Chinese sales to be electric. At the same time, Big Tech is eyeing the sector, lured by the technological possibilities. Chinese search-engine titan Baidu Inc. to smartphone maker Xiaomi Corp. and networks giant Huawei Technologies Co. have pledged almost $19 billion into the EV and autonomous driving space since the start of the year alone.</p>\n<p>Smaller companies like Nio â which is listed with compatriots Xpeng Inc. and Li Auto Inc. in New York, putting them on the radar of U.S. investors â will face greater pressure as multinationals enter the fray, said Zhang Xiang, an auto-industry researcher at North China University of Technology in Beijing.</p>\n<p>âItâs by no means a time they can rest easy.â</p>\n<p>Nio has already had one near-death experience.</p>\n<p>Carmaking is typically a capital-intensive business, but with Nio, Li has sought to create a brand beyond the vehicles, an approach he describes as âthe pursuit of being a user-enterprise.ââ The most visible manifestation of that was the Nio House, an elite drop-in center for the companyâs customers â even offering art and music classes for their kids â and located on prime real estate in some of Chinaâs biggest cities. It was coupled with extravagant marketing events. The carmaker holds annual Nio Days, and at the first in 2017 paid for flights and luxury hotels for everyone who ordered a vehicle a year before production started. R&B star Bruno Mars headlined the 2018 event. When its public charging facilities are overwhelmed, Nio has a fleet of cars that can take portable battery chargers to users wherever theyâre parked.</p>\n<p>Such largesse, along with a major recall after some cars caught fire just as China shifted subsidies from EV purchases to support the charging network, saw Nio rack up $5 billion of losses in its first four years of existence (Tesla took about 15 years to reach that particular milestone). By the second quarter of 2019, the company was losing around $5 million a day.</p>\n<p>âIt was our darkest time,ââ Li said. A team met nightly to comb through expenses, from salaries to the cost of Nio Houses. âIt was easy to calculate how much we could earn from selling cars, but we had to mind for everything to sustain a normal operation,ââ he said. âEvery dollar counted.â</p>\n<p>By October 2019, it looked like the gig was up. After posting a worse-than-expected quarterly loss, Nioâs shares plunged to a record low of $1.32. At its nadir, the carmaker had lost more than 70% of its market capitalization â about $5 billion in value â from its New York initial public offering a year earlier.</p>\n<p>Even a $200 million cash injection from a sale of convertible notes to Li and an affiliate of Chinese tech giant Tencent Holdings Ltd. â an early investor in both Nio and Tesla â wasnât enough to shore up the companyâs seemingly insatiable need for cash.</p>\n<p>The setbacks kept coming. Nio couldnât afford the final payment on an imported stamping presser, a large machine used to shape a carâs panels. Worse, it had to sell the presser at a discount to Tesla, which promptly installed it in its new Shanghai plant, built with loans and support facilitated by the government. Soon after, a deal for as much as 10 billion yuan ($1.6 billion) in funding from a Beijing local government-backed firm fell apart. Analysts started to openly speculate that Nio may be delisted or taken over. The situation got so dire that in late 2019, He Xiaopeng, the engineer founder of Guangzhou-based Xpeng, itself in a tenuous position with just 3 billion yuan in cash, proposed a merger of the two struggling electric carmakers, according to an interview He gave to Chinese state media. Li rejected the offer.</p>\n<p>âNio was already in the intensive care unit, while Xpeng was waiting outside,ââ Li recalled. âA merger would bury both of us.â</p>\n<p>(Xpeng went on to be the third Chinese EV startup to list in the U.S., raising $1.5 billion in August 2020. The surge of investment in the space has seen its shares more than double, even accounting for a recent dip, and the company is now setting up a third Chinese production base to meet demand.)</p>\n<p>Then came the lifeline that showed the lengths China will go to maintain its ambition of creating a world-leading EV industry.</p>\n<p>In early 2020, the municipal government in Hefei â the capital of Liâs home province of Anhui, about 600 miles southeast of Beijing â came knocking. Despite the onset of the coronavirus pandemic, which initially paralyzed car sales, a deal was struck in which the Hefei government would lead an injection of 10 billion yuan into Nio, more than the companyâs entire revenue for 2019.</p>\n<p>Coming just months after Nio said it wouldnât have enough money to continue operating for another year unless it got more funds, the agreement essentially provided the company with a state-backed security blanket. That can be a key advantage in China, where the government is the biggest player in almost every industry and has a hand in everything from manufacturing permits to access to capital. It could also provide a decisive edge over Tesla, which seems to have lost the favor it enjoyed early on with Beijing, as tensions with Washington continue to simmer under President Joe Bidenâs administration.</p>\n<p>For Nio, the quid-pro-quo was supporting local industry. The company abandoned plans to build a factory in Shanghai in early 2019, and instead â unlike Tesla and most traditional automakers â it pays a government-owned manufacturer in Hefei called Jianghuai Automobile Group Co., or JAC, to make its cars. The deal was extended last month for another three years, with JAC agreeing to double monthly capacity to 20,000 vehicles.</p>\n<p>âWhen William Li brought his proposal to us, most people thought it was fantasy that a Chinese carmaker planned to build first-rate intelligent electric vehicles,ââ former JAC Chairman An Jin said. âI might be the person with the best knowledge of how Nio came along, with all the challenges and difficulties. In its hardest time, William even devoted his own money to solve the problem. Thatâs how he fought for his dreams.ââ</p>\n<p>At an April 7 ceremony to mark the production of Nioâs 100,000th vehicle, Li said he would work with the Hefei government to establish an intelligent-vehicle production base, including an R&D facility. Construction started later that month, and the industrial park is expected to eventually house manufacturing workshops, along with other players in the EV supply chain.</p>\n<p>The Hefei pact, described as a government bailout by Sanford C. Bernsteinâs senior analyst Robin Zhu, âput speculation around Nioâs funding issues to bed, at least in the foreseeable future,â he said.</p>\n<p>Li, though, also credits his loyal customer base. âWe sold over 8,000 cars in the fourth quarter of 2019, which was pivotal to our survival,ââ he said. âThatâs why I always say that our customers saved us. Even if we sold 500 or 1,000 fewer vehicles, that could have triggered a total collapse.ââ</p>\n<p>Still, the experience was chastening. Nio cut about a quarter of its workforce, slowed its efforts on autonomous driving, delayed wage payments for managers and spun off some non-core businesses. While the rollout of the costly Nio Houses was suspended for more than a year, the strategy of putting Nio ownership at the center of an ownersâ lifestyle and creating an aura of exclusivity, wasnât forsaken with more modest Nio Spaces rolled out. Usually around 100-200 square meters (1,100-2,150 square feet), Nio Spaces are located in cheaper locales and also sometimes in smaller cities. They cost about 1 million yuan to set up, much less expensive than the more salubrious Nio Houses.</p>\n<p>It seems to have worked â for now. Nio is still yet to turn a profit but its sales have risen steadily since â topping $1 billion for the first time in the three months to Dec. 31, 2020. The company narrowed its net loss in the first quarter of 2021 to 451 million yuan, down from 1.69 billion yuan a year earlier and 1.39 billion yuan in the fourth quarter of 2020. Even the businesses that underpin Nioâs lifestyle brand are making money, contributing to 1.1 billion yuan in revenue from non-vehicle sales last year, according to the companyâs annual report.</p>\n<p>âTo enter the car industry and survive isnât easy,ââ said Jochen Goller, BMWâs China CEO. âSome others have disappeared. I have met with William Li a couple of times and I have to say I am impressed by what he has achieved. Nio is also creating awareness for battery cars, and having the right brands in the segment is helping the market.ââ</p>\n<p>The Hefei deal also came around the same time as investors cottoned on to the EV revolution, putting a rocket under Nioâs shares. They surged more than 1,110% last year, besting even the rally that propelled Tesla into the S&P 500 Index. The stock has given up some of those gains since as enthusiasm has eased, but with a market value of $70 billion, Nio is still bigger than Ford Motor Co.</p>\n<p>Itâs a long way from Liâs relatively humble beginnings. Raised by his grandparents in a small village in the hills of Anhui, known for farming and â more recently â the automobile industry, Li calls himself one of Chinaâs âfirst generation of `left-behindâ childrenââ because both his parents moved to the neighboring province of Jiangsu to pursue better work. There was no electricity in the village until Li was in his teens.</p>\n<p>While majoring in sociology at Peking University, one of Chinaâs top colleges, Li started his first business â leasing internet servers and helping clients register domain names. The auto industry is where Li has enjoyed his greatest success, however, with the three listed companies he founded in the past 20 years all related to cars. His first, a vehicle-pricing portal called BitAuto Holdings Ltd. was acquired last year by Yiche Holding Ltd. for $2.8 billion, propelling Liâs personal fortune to $7 billion. That was followed by online auto-finance platform Yixin Group Ltd., which listed in Hong Kong in late 2017.</p>\n<p>Then came Nio. In an internal presentation in 2016, Li recalled looking out the window of his apartment at Beijingâs smoggy skies before the birth of his first son, and decided something needed to be done to tackle the countryâs chronic pollution. He started Nio in late 2014 with funding from a group of well-known investors, including Li Auto founder Li Xiang and Richard Liu, the founder of e-commerce portal JD.com. Xiaomiâs Lei Jun was also an early backer.</p>\n<p>When heâs not dining with super-fans, Liâs workday calendar is packed. On a recent Tuesday at the companyâs corporate headquarters â which remain in the slick financial capital of Shanghai â he spent the morning locked in executive committee meetings. In the afternoon, it was more back-to-back meetings with the companyâs battery partner, designers, and clients from Europe. In a first, Nio recently announced plans to start selling cars in EV hotbed Norway.</p>\n<p>But while the company is on much firmer ground than 18 months ago, questions remain.</p>\n<p>âAuto manufacturing has big economies of scale, and at less than 100,000 units a year, Nio hasnât yet reached the production volume to realize all of those efficiencies,â said Robert Cowell, an equity analyst at Shanghai-based 86Research.</p>\n<p>Cost issues linger, with the price of raw materials used in batteries, the most expensive part of an EV, including lithium-ion compound, soaring in recent months. Like most global automakers, Nio has also been hit by a worldwide shortage of the chips used increasingly in modern cars, leading to the suspension of production in Hefei for five days at the end of March. And despite the intensifying competition in an industry defined by technological advances and consumers drawn to the next shiny thing, Nio isnât planning on unveiling any new models until late this year or early 2022.</p>\n<p>Read more: Why Nio Should Resist the Siren Song of Norway</p>\n<p>While Tesla is the main competitor in view, itâs the rivals to come that Li sees as the biggest threat.</p>\n<p>âThe final game wonât start until tech giants are in,â he said. In March, Xiaomi unveiled plans to invest about $10 billion in manufacturing EVs, while Huawei has collaborated on at least two cars and is developing autonomous driving technologies. Lurking in the background is the biggest tech giant of all â Apple, which has long harbored ambitions to make its own, self-driving car.</p>\n<p>âI trust companies like Apple for their determination, software development, intelligence capability, and user connection,ââ Li said. âItâs going to be different competition from traditional car companies.â</p>\n<p>But like Musk and other EV evangelists, Li is looking to the long game. âIâm very optimistic,â he said. âBy 2030, 90% of the newly launched cars will be electric, or even 95%.â</p>\n<p>For the Nio fans gathered in Shanghai that Sunday evening, that future is already here.</p>\n<p>With the event drawing to a close, owners pose for a large group photo with Li at its center, everyone flashing thumbs up. As the lights dim, Li slips out of the hall and into the night, where his driver â in a white Nio ES8 â waits to take him home.</p>","source":"yahoofinance","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 Faces Battle Royale After Return From Brink of Ruin</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 Faces Battle Royale After Return From Brink of Ruin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 09:35 GMT+8 <a href=https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"çæłæ±œèœŠ","NIO":"èæ„","TSLA":"çčæŻæ"},"source_url":"https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142220719","content_text":"(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.\nLi manages to spoon a small amount of fried rice and vegetables onto his plate, but heâs not here for the food. Over the next three hours, Li poses for hundreds more photos, chatting with customers of the automaker he started just over six years ago and has built into a way of life â at least for the people who buy his cars â with clubhouses, a round-the-clock battery recharging service and even clothing, food and exercise equipment, all decked out in Nioâs geometric logo. As Li works the room, a video backdrop shows six performers, each wearing a different-colored Nio hoodie, singing a self-composed song dedicated to the company. âMeeting with Nio, we want to be better selves,ââ the not-so-catchy ditty goes.\nWhile other billionaire executives may cringe at spending their down time glad-handing customers, for Li this is core. Nioâs business model relies on creating a sense of allegiance among buyers, who then persuade friends and family to spread the word about its cars. Dubbed âRippling Mode,ââ the strategy invokes the ever-widening circles caused by throwing a single stone into a pond, Li says. The scene in Shanghai was just what he was aiming for: a passionate customer base with the loyalty of Apple Inc. fans â and a dash of Elon Musk cult-of-personality thrown in.\nItâs an approach thatâs turned Nio into Muskâs most visible nemesis in a country that seems to be minting Tesla adversaries every other day. While other electric vehicle companies may pump out more cars aimed at the mass market, Nio is targeting the premium buyers that Musk â who established his first Gigafactory outside the U.S. on the outskirts of Shanghai in 2019 â needs to realize his ambitions for global growth and long-term profitability. China is ground-zero in the transition away from gas-guzzlers to alternative-energy cars, with the government intent on dominating a new automotive era that has triggered an onslaught of investment over the past six months and that even the U.S. is now embracing.\nThe biggest car market on the planet, China is already the worldâs largest for EVs. Sales will reach 2 million this year and surge to 6.2 million vehicles by 2025, when they will account for a quarter of all passenger car sales in the country, according to BloombergNEF.\nUrbane, early adopters in Chinaâs biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. Nioâs premium ES6 SUV competes head-to-head with the sporty Model Y that Tesla started making in China last year. Itâs a tussle thatâs front and center for Li, who in an interview with Bloomberg talked about how the eldest of his two sons, a first grader, wants to follow in his footsteps.\nâOne day he told me that he would study hard and work hard, helping dad beat Tesla when he grows up,â said Li. âItâs going to be too late, I said.â\nThese days, that prospect is looking less like wishful thinking.\nNio delivered more than 20,000 vehicles, all of them SUVs, in the first quarter at an average price of $68,000, while Tesla shipped around 17,000 of its Model Y sports utility vehicle in China, which starts at around $53,000. Nio's share of the overall China market for higher end cars is second only to Tesla, according to Kang Jun, an analyst at consultancy LMC Automotive, and it's set a âbenchmarkâ for the wider EV space, âparticularly in product and service innovation.â\nTesla has also faced a raft of setbacks of late in China, which accounted for more than 20% of all revenue last year. Increased scrutiny from local regulators has been accompanied by a rising backlash against Tesla and its cars, culminating in one owner climbing on top of a Model 3 at the recent Shanghai Auto Show, claiming the company failed to address issues with her vehicleâs brakes. The protest, which went viral in China, unleashed a wave of complaints about Teslaâs customer service, the very thing Li â who regularly replies to queries from Nio owners on the companyâs app and has taken weekend trips across China to meet customers â has used to differentiate Nio in the cut-throat EV landscape.\nBut Tesla isnât the only foe Li has to worry about. A Battle Royale is brewing in Chinaâs new energy car market â where retail sales of battery-powered passenger vehicles jumped 10% to 1.11 million last year, despite the hit from the pandemic â one that will challenge both Nio and Tesla, and set the stage for global control over the future of cars.\nAfter years watching from the sidelines, the big auto-making giants are doubling down on EVs, with Volkswagen AG launching an eight-car range from its platform designed for battery electric cars in China, Toyota Motor Corp. unveiling a new EV platform, and premium carmakers like BMW AG aiming for one-quarter of all Chinese sales to be electric. At the same time, Big Tech is eyeing the sector, lured by the technological possibilities. Chinese search-engine titan Baidu Inc. to smartphone maker Xiaomi Corp. and networks giant Huawei Technologies Co. have pledged almost $19 billion into the EV and autonomous driving space since the start of the year alone.\nSmaller companies like Nio â which is listed with compatriots Xpeng Inc. and Li Auto Inc. in New York, putting them on the radar of U.S. investors â will face greater pressure as multinationals enter the fray, said Zhang Xiang, an auto-industry researcher at North China University of Technology in Beijing.\nâItâs by no means a time they can rest easy.â\nNio has already had one near-death experience.\nCarmaking is typically a capital-intensive business, but with Nio, Li has sought to create a brand beyond the vehicles, an approach he describes as âthe pursuit of being a user-enterprise.ââ The most visible manifestation of that was the Nio House, an elite drop-in center for the companyâs customers â even offering art and music classes for their kids â and located on prime real estate in some of Chinaâs biggest cities. It was coupled with extravagant marketing events. The carmaker holds annual Nio Days, and at the first in 2017 paid for flights and luxury hotels for everyone who ordered a vehicle a year before production started. R&B star Bruno Mars headlined the 2018 event. When its public charging facilities are overwhelmed, Nio has a fleet of cars that can take portable battery chargers to users wherever theyâre parked.\nSuch largesse, along with a major recall after some cars caught fire just as China shifted subsidies from EV purchases to support the charging network, saw Nio rack up $5 billion of losses in its first four years of existence (Tesla took about 15 years to reach that particular milestone). By the second quarter of 2019, the company was losing around $5 million a day.\nâIt was our darkest time,ââ Li said. A team met nightly to comb through expenses, from salaries to the cost of Nio Houses. âIt was easy to calculate how much we could earn from selling cars, but we had to mind for everything to sustain a normal operation,ââ he said. âEvery dollar counted.â\nBy October 2019, it looked like the gig was up. After posting a worse-than-expected quarterly loss, Nioâs shares plunged to a record low of $1.32. At its nadir, the carmaker had lost more than 70% of its market capitalization â about $5 billion in value â from its New York initial public offering a year earlier.\nEven a $200 million cash injection from a sale of convertible notes to Li and an affiliate of Chinese tech giant Tencent Holdings Ltd. â an early investor in both Nio and Tesla â wasnât enough to shore up the companyâs seemingly insatiable need for cash.\nThe setbacks kept coming. Nio couldnât afford the final payment on an imported stamping presser, a large machine used to shape a carâs panels. Worse, it had to sell the presser at a discount to Tesla, which promptly installed it in its new Shanghai plant, built with loans and support facilitated by the government. Soon after, a deal for as much as 10 billion yuan ($1.6 billion) in funding from a Beijing local government-backed firm fell apart. Analysts started to openly speculate that Nio may be delisted or taken over. The situation got so dire that in late 2019, He Xiaopeng, the engineer founder of Guangzhou-based Xpeng, itself in a tenuous position with just 3 billion yuan in cash, proposed a merger of the two struggling electric carmakers, according to an interview He gave to Chinese state media. Li rejected the offer.\nâNio was already in the intensive care unit, while Xpeng was waiting outside,ââ Li recalled. âA merger would bury both of us.â\n(Xpeng went on to be the third Chinese EV startup to list in the U.S., raising $1.5 billion in August 2020. The surge of investment in the space has seen its shares more than double, even accounting for a recent dip, and the company is now setting up a third Chinese production base to meet demand.)\nThen came the lifeline that showed the lengths China will go to maintain its ambition of creating a world-leading EV industry.\nIn early 2020, the municipal government in Hefei â the capital of Liâs home province of Anhui, about 600 miles southeast of Beijing â came knocking. Despite the onset of the coronavirus pandemic, which initially paralyzed car sales, a deal was struck in which the Hefei government would lead an injection of 10 billion yuan into Nio, more than the companyâs entire revenue for 2019.\nComing just months after Nio said it wouldnât have enough money to continue operating for another year unless it got more funds, the agreement essentially provided the company with a state-backed security blanket. That can be a key advantage in China, where the government is the biggest player in almost every industry and has a hand in everything from manufacturing permits to access to capital. It could also provide a decisive edge over Tesla, which seems to have lost the favor it enjoyed early on with Beijing, as tensions with Washington continue to simmer under President Joe Bidenâs administration.\nFor Nio, the quid-pro-quo was supporting local industry. The company abandoned plans to build a factory in Shanghai in early 2019, and instead â unlike Tesla and most traditional automakers â it pays a government-owned manufacturer in Hefei called Jianghuai Automobile Group Co., or JAC, to make its cars. The deal was extended last month for another three years, with JAC agreeing to double monthly capacity to 20,000 vehicles.\nâWhen William Li brought his proposal to us, most people thought it was fantasy that a Chinese carmaker planned to build first-rate intelligent electric vehicles,ââ former JAC Chairman An Jin said.  âI might be the person with the best knowledge of how Nio came along, with all the challenges and difficulties. In its hardest time, William even devoted his own money to solve the problem. Thatâs how he fought for his dreams.ââ\nAt an April 7 ceremony to mark the production of Nioâs 100,000th vehicle, Li said he would work with the Hefei government to establish an intelligent-vehicle production base, including an R&D facility. Construction started later that month, and the industrial park is expected to eventually house manufacturing workshops, along with other players in the EV supply chain.\nThe Hefei pact, described as a government bailout by Sanford C. Bernsteinâs senior analyst Robin Zhu, âput speculation around Nioâs funding issues to bed, at least in the foreseeable future,â he said.\nLi, though, also credits his loyal customer base. âWe sold over 8,000 cars in the fourth quarter of 2019, which was pivotal to our survival,ââ he said. âThatâs why I always say that our customers saved us. Even if we sold 500 or 1,000 fewer vehicles, that could have triggered a total collapse.ââ\nStill, the experience was chastening. Nio cut about a quarter of its workforce, slowed its efforts on autonomous driving, delayed wage payments for managers and spun off some non-core businesses. While the rollout of the costly Nio Houses was suspended for more than a year, the strategy of putting Nio ownership at the center of an ownersâ lifestyle and creating an aura of exclusivity, wasnât forsaken with more modest Nio Spaces rolled out. Usually around 100-200 square meters (1,100-2,150 square feet), Nio Spaces are located in cheaper locales and also sometimes in smaller cities. They cost about 1 million yuan to set up, much less expensive than the more salubrious Nio Houses.\nIt seems to have worked â for now. Nio is still yet to turn a profit but its sales have risen steadily since â topping $1 billion for the first time in the three months to Dec. 31, 2020. The company narrowed its net loss in the first quarter of 2021 to 451 million yuan, down from 1.69 billion yuan a year earlier and 1.39 billion yuan in the fourth quarter of 2020. Even the businesses that underpin Nioâs lifestyle brand are making money, contributing to 1.1 billion yuan in revenue from non-vehicle sales last year, according to the companyâs annual report.\nâTo enter the car industry and survive isnât easy,ââ said Jochen Goller, BMWâs China CEO. âSome others have disappeared. I have met with William Li a couple of times and I have to say I am impressed by what he has achieved. Nio is also creating awareness for battery cars, and having the right brands in the segment is helping the market.ââ\nThe Hefei deal also came around the same time as investors cottoned on to the EV revolution, putting a rocket under Nioâs shares. They surged more than 1,110% last year, besting even the rally that propelled Tesla into the S&P 500 Index. The stock has given up some of those gains since as enthusiasm has eased, but with a market value of $70 billion, Nio is still bigger than Ford Motor Co.\nItâs a long way from Liâs relatively humble beginnings. Raised by his grandparents in a small village in the hills of Anhui, known for farming and â more recently â the automobile industry, Li calls himself one of Chinaâs âfirst generation of `left-behindâ childrenââ because both his parents moved to the neighboring province of Jiangsu to pursue better work. There was no electricity in the village until Li was in his teens.\nWhile majoring in sociology at Peking University, one of Chinaâs top colleges, Li started his first business â leasing internet servers and helping clients register domain names. The auto industry is where Li has enjoyed his greatest success, however, with the three listed companies he founded in the past 20 years all related to cars. His first, a vehicle-pricing portal called BitAuto Holdings Ltd. was acquired last year by Yiche Holding Ltd. for $2.8 billion, propelling Liâs personal fortune to $7 billion. That was followed by online auto-finance platform Yixin Group Ltd., which listed in Hong Kong in late 2017.\nThen came Nio. In an internal presentation in 2016, Li recalled looking out the window of his apartment at Beijingâs smoggy skies before the birth of his first son, and decided something needed to be done to tackle the countryâs chronic pollution. He started Nio in late 2014 with funding from a group of well-known investors, including Li Auto founder Li Xiang and Richard Liu, the founder of e-commerce portal JD.com. Xiaomiâs Lei Jun was also an early backer.\nWhen heâs not dining with super-fans, Liâs workday calendar is packed. On a recent Tuesday at the companyâs corporate headquarters â which remain in the slick financial capital of Shanghai â he spent the morning locked in executive committee meetings. In the afternoon, it was more back-to-back meetings with the companyâs battery partner, designers, and clients from Europe. In a first, Nio recently announced plans to start selling cars in EV hotbed Norway.\nBut while the company is on much firmer ground than 18 months ago, questions remain.\nâAuto manufacturing has big economies of scale, and at less than 100,000 units a year, Nio hasnât yet reached the production volume to realize all of those efficiencies,â said Robert Cowell, an equity analyst at Shanghai-based 86Research.\nCost issues linger, with the price of raw materials used in batteries, the most expensive part of an EV, including lithium-ion compound, soaring in recent months. Like most global automakers, Nio has also been hit by a worldwide shortage of the chips used increasingly in modern cars, leading to the suspension of production in Hefei for five days at the end of March. And despite the intensifying competition in an industry defined by technological advances and consumers drawn to the next shiny thing, Nio isnât planning on unveiling any new models until late this year or early 2022.\nRead more: Why Nio Should Resist the Siren Song of Norway\nWhile Tesla is the main competitor in view, itâs the rivals to come that Li sees as the biggest threat.\nâThe final game wonât start until tech giants are in,â he said. In March, Xiaomi unveiled plans to invest about $10 billion in manufacturing EVs, while Huawei has collaborated on at least two cars and is developing autonomous driving technologies. Lurking in the background is the biggest tech giant of all â Apple, which has long harbored ambitions to make its own, self-driving car.\nâI trust companies like Apple for their determination, software development, intelligence capability, and user connection,ââ Li said. âItâs going to be different competition from traditional car companies.â\nBut like Musk and other EV evangelists, Li is looking to the long game. âIâm very optimistic,â he said. âBy 2030, 90% of the newly launched cars will be electric, or even 95%.â\nFor the Nio fans gathered in Shanghai that Sunday evening, that future is already here.\nWith the event drawing to a close, owners pose for a large group photo with Li at its center, everyone flashing thumbs up. As the lights dim, Li slips out of the hall and into the night, where his driver â in a white Nio ES8 â waits to take him home.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115066545,"gmtCreate":1622941910787,"gmtModify":1704193429949,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"Currently undervalued stock in terms of the potential earning in the next two years. Start accumulating on dip. ","listText":"Currently undervalued stock in terms of the potential earning in the next two years. Start accumulating on dip. ","text":"Currently undervalued stock in terms of the potential earning in the next two years. Start accumulating on dip.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115066545","repostId":"2140978814","repostType":2,"repost":{"id":"2140978814","kind":"highlight","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":1622615066,"share":"https://ttm.financial/m/news/2140978814?lang=&edition=fundamental","pubTime":"2021-06-02 14:24","market":"us","language":"en","title":"TSMC says has begun construction at its Arizona chip factory site","url":"https://stock-news.laohu8.com/highlight/detail?id=2140978814","media":"Reuters","summary":"June 1 - Taiwan Semiconductor Manufacturing Co Ltd has started construction at a site in Arizona where it plans to spend $12 billion to build a computer chip factory, its chief executive said on Tuesday.TSMC is expected to be one of several companies, including Intel Corp and Samsung Electronics Co Ltd, competing for some of the $54 billion in subsides for the chip industry that advanced in the United States Senate last week.Reuters previously reported that TSMC plans to build as many as six f","content":"<p>June 1 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has started construction at a site in Arizona where it plans to spend $12 billion to build a computer chip factory, its chief executive said on Tuesday.</p>\n<p>Speaking at the company's annual technology presentation to clients and investors, held online for the second straight year because of the pandemic, CEO C.C. Wei said the planned factory remains on track to start volume production of chips using the company's 5-nanometer production technology starting in 2024.</p>\n<p>TSMC is expected to be one of several companies, including Intel Corp and Samsung Electronics Co Ltd, competing for some of the $54 billion in subsides for the chip industry that advanced in the United States Senate last week.</p>\n<p>Reuters previously reported that TSMC plans to build as many as six factories at the Arizona site over a 10- to 15-year span.</p>\n<p>TSMC, the world's biggest manufacturer of semiconductors on contract, has taken centre-stage in the global supply chain equation amid a worldwide shortage of chips that is hurting industries from automobiles to consumer electronics.</p>\n<p>Its shares have soared since the COVID-19 pandemic began, making it Asia's most valuable manufacturing company with a market capitalisation of $563 billion, more than twice that of Intel's.</p>\n<p>TSMC announced in April a $100 billion investment plan over the next three years to increase capacity at its factories. Wei reiterated that number, which will include $30 billion in spending this year, at the presentation.</p>\n<p>\"That will give us enough manufacturing capacity to support the growth of our clients,\" he said.</p>\n<p>Wei also said the company has developed a version of its 5-nanometer chipmaking process certified for use by automakers for advanced applications like artificial intelligence, though the new offering is unlikely to alleviate the current chip shortages because the shortages are of less advanced chips.</p>\n<p>He said TSMC's next generation of 3-nanometer chipmaking technology remains on track to start volume production at the company's \"Fab 18\" factory in Tainan, Taiwan, in the second half of next year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TSMC says has begun construction at its Arizona chip factory site</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\">\nTSMC says has begun construction at its Arizona chip factory site\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\">2021-06-02 14:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 1 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has started construction at a site in Arizona where it plans to spend $12 billion to build a computer chip factory, its chief executive said on Tuesday.</p>\n<p>Speaking at the company's annual technology presentation to clients and investors, held online for the second straight year because of the pandemic, CEO C.C. Wei said the planned factory remains on track to start volume production of chips using the company's 5-nanometer production technology starting in 2024.</p>\n<p>TSMC is expected to be one of several companies, including Intel Corp and Samsung Electronics Co Ltd, competing for some of the $54 billion in subsides for the chip industry that advanced in the United States Senate last week.</p>\n<p>Reuters previously reported that TSMC plans to build as many as six factories at the Arizona site over a 10- to 15-year span.</p>\n<p>TSMC, the world's biggest manufacturer of semiconductors on contract, has taken centre-stage in the global supply chain equation amid a worldwide shortage of chips that is hurting industries from automobiles to consumer electronics.</p>\n<p>Its shares have soared since the COVID-19 pandemic began, making it Asia's most valuable manufacturing company with a market capitalisation of $563 billion, more than twice that of Intel's.</p>\n<p>TSMC announced in April a $100 billion investment plan over the next three years to increase capacity at its factories. Wei reiterated that number, which will include $30 billion in spending this year, at the presentation.</p>\n<p>\"That will give us enough manufacturing capacity to support the growth of our clients,\" he said.</p>\n<p>Wei also said the company has developed a version of its 5-nanometer chipmaking process certified for use by automakers for advanced applications like artificial intelligence, though the new offering is unlikely to alleviate the current chip shortages because the shortages are of less advanced chips.</p>\n<p>He said TSMC's next generation of 3-nanometer chipmaking technology remains on track to start volume production at the company's \"Fab 18\" factory in Tainan, Taiwan, in the second half of next year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"ć°ç§Żç”"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140978814","content_text":"June 1 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has started construction at a site in Arizona where it plans to spend $12 billion to build a computer chip factory, its chief executive said on Tuesday.\nSpeaking at the company's annual technology presentation to clients and investors, held online for the second straight year because of the pandemic, CEO C.C. Wei said the planned factory remains on track to start volume production of chips using the company's 5-nanometer production technology starting in 2024.\nTSMC is expected to be one of several companies, including Intel Corp and Samsung Electronics Co Ltd, competing for some of the $54 billion in subsides for the chip industry that advanced in the United States Senate last week.\nReuters previously reported that TSMC plans to build as many as six factories at the Arizona site over a 10- to 15-year span.\nTSMC, the world's biggest manufacturer of semiconductors on contract, has taken centre-stage in the global supply chain equation amid a worldwide shortage of chips that is hurting industries from automobiles to consumer electronics.\nIts shares have soared since the COVID-19 pandemic began, making it Asia's most valuable manufacturing company with a market capitalisation of $563 billion, more than twice that of Intel's.\nTSMC announced in April a $100 billion investment plan over the next three years to increase capacity at its factories. Wei reiterated that number, which will include $30 billion in spending this year, at the presentation.\n\"That will give us enough manufacturing capacity to support the growth of our clients,\" he said.\nWei also said the company has developed a version of its 5-nanometer chipmaking process certified for use by automakers for advanced applications like artificial intelligence, though the new offering is unlikely to alleviate the current chip shortages because the shortages are of less advanced chips.\nHe said TSMC's next generation of 3-nanometer chipmaking technology remains on track to start volume production at the company's \"Fab 18\" factory in Tainan, Taiwan, in the second half of next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195183728,"gmtCreate":1621262406864,"gmtModify":1704354860098,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"EV with the most innovative business model","listText":"EV with the most innovative business model","text":"EV with the most innovative business model","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195183728","repostId":"1113685068","repostType":4,"repost":{"id":"1113685068","kind":"news","pubTimestamp":1621259041,"share":"https://ttm.financial/m/news/1113685068?lang=&edition=fundamental","pubTime":"2021-05-17 21:44","market":"us","language":"en","title":"NIO Looks More Appealing With Battery-as-a-Service","url":"https://stock-news.laohu8.com/highlight/detail?id=1113685068","media":"InvestorPlace","summary":"With favourable Chinese government regulations for battery swap service, NIO stock is set to soar.\nI","content":"<p>With favourable Chinese government regulations for battery swap service, NIO stock is set to soar.</p>\n<p>I have always been bullish on electric vehicle stocks and I am a strong believer in the potential of the sector. The EV sector is no longer limited to China, it has expanded globally and there is a noticeable surge in the demand of EVs. One such company making the most of the EV boom is <b>Nio</b> (NYSE:<b><u>NIO</u></b>). Once NIO stock spiked high and looked overvalued to many but it has dipped lately and is trading at $31 today.</p>\n<p>As the revenue and sales continue to grow, NIO stock is perfectly positioned in the market. It has innovative ideas and it has replaced the traditional car showrooms with NIO houses where the whole family can consider purchasing one of the EVs. The recent dip in the stock is a great buying opportunity for long-term investors. NIO stock will go higher in the coming quarters and will generate profit for investors. Letâs take a look at the catalysts driving the stock.</p>\n<p><b>An Alternative Source of Income</b></p>\n<p>Nio does not restrict itself to the sale of EVs, it has generated an alternative source of income that is significantly contributing to the revenue and net earnings. It offers a battery swap subscription service where car owners can join to enjoy quick battery swapping or to recharge the battery. The company allows buyers to invest in a plan that saves around $10,000 on the price of the car. In return, the car owners pay around $142 in a month to lease a 70 kWh pack and enjoy six-monthly swaps. The fully automatic swap only takes three minutes. Until March, the company had already completed 200,000 battery swaps.</p>\n<p>The other sales in Q1 2021 stood at $88 million which is a 395% rise from the same quarter previous year. It is also 23% from Q4 2020. As the sales of the company increase, there is a rise in the other sales because of a growing demand for the battery as a swap service. This will take NIO stock higher.</p>\n<p>It has signed an agreement with <b>Ford</b>(NYSE:<b><u>F</u></b>) to allow Mach-E owners to use the charging networks owned by NIO in China. NIO already announced its plans to expand the service in China as the EV market continues to grow. The company does not want to restrict itself to China and has plans in place to set up the business in Norway. It will begin by selling the EVs in Norway and will follow up by buildingfour battery swap stationsby the end of next year.</p>\n<p><b>Battery Swap Safety Standard</b></p>\n<p>The Chinese government has recently announced the National Standard for Battery Swap Safety Requirement which will be implemented from Nov 1. The policy works in favor of those who are into domestic battery swapping. As per the standard, the models that have snap-on batteries should be able to support 5,000 battery swaps and models with bolt-on batteries need to support at least 1,500 battery swaps. Nio is the only company that can deliver these vehicles on a large scale because its battery swap-enabled vehicles are already under production.</p>\n<p>Nioâs Power Swap 2.0 deployed this year has started operations in Beijing where it performs 312 swaps in a day, almost three times more than the current swap station. It aims to have 500 stations open nationwide by the end of 2021.</p>\n<p><b>The Bottom Line on NIO Stock</b></p>\n<p>Priced at $31, NIO stock is not cheap but the shares are going upwards. They have shown high volatility in the past year and the company is making strong strides in the industry. This is an EV stock that you should hold forever.</p>\n<p>The company has positioned itself as an innovator in the crowded EV market. Besides the cars, its battery as a service model has served customers and generated high revenue for the company. Even if you think that there is competition in the EV industry, the battery as a service sets NIO stock apart from the competitors.</p>\n<p>For Nio stock, the only way is up. Do not be misled by the temporary dip in the stock, instead, take it as an opportunity to add it to your portfolio.</p>","source":"lsy1606302653667","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>NIO Looks More Appealing With Battery-as-a-Service</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\">\nNIO Looks More Appealing With Battery-as-a-Service\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 21:44 GMT+8 <a href=https://investorplace.com/2021/05/nio-looks-more-appealing-with-battery-as-a-service/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With favourable Chinese government regulations for battery swap service, NIO stock is set to soar.\nI have always been bullish on electric vehicle stocks and I am a strong believer in the potential of ...</p>\n\n<a href=\"https://investorplace.com/2021/05/nio-looks-more-appealing-with-battery-as-a-service/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"èæ„"},"source_url":"https://investorplace.com/2021/05/nio-looks-more-appealing-with-battery-as-a-service/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113685068","content_text":"With favourable Chinese government regulations for battery swap service, NIO stock is set to soar.\nI have always been bullish on electric vehicle stocks and I am a strong believer in the potential of the sector. The EV sector is no longer limited to China, it has expanded globally and there is a noticeable surge in the demand of EVs. One such company making the most of the EV boom is Nio (NYSE:NIO). Once NIO stock spiked high and looked overvalued to many but it has dipped lately and is trading at $31 today.\nAs the revenue and sales continue to grow, NIO stock is perfectly positioned in the market. It has innovative ideas and it has replaced the traditional car showrooms with NIO houses where the whole family can consider purchasing one of the EVs. The recent dip in the stock is a great buying opportunity for long-term investors. NIO stock will go higher in the coming quarters and will generate profit for investors. Letâs take a look at the catalysts driving the stock.\nAn Alternative Source of Income\nNio does not restrict itself to the sale of EVs, it has generated an alternative source of income that is significantly contributing to the revenue and net earnings. It offers a battery swap subscription service where car owners can join to enjoy quick battery swapping or to recharge the battery. The company allows buyers to invest in a plan that saves around $10,000 on the price of the car. In return, the car owners pay around $142 in a month to lease a 70 kWh pack and enjoy six-monthly swaps. The fully automatic swap only takes three minutes. Until March, the company had already completed 200,000 battery swaps.\nThe other sales in Q1 2021 stood at $88 million which is a 395% rise from the same quarter previous year. It is also 23% from Q4 2020. As the sales of the company increase, there is a rise in the other sales because of a growing demand for the battery as a swap service. This will take NIO stock higher.\nIt has signed an agreement with Ford(NYSE:F) to allow Mach-E owners to use the charging networks owned by NIO in China. NIO already announced its plans to expand the service in China as the EV market continues to grow. The company does not want to restrict itself to China and has plans in place to set up the business in Norway. It will begin by selling the EVs in Norway and will follow up by buildingfour battery swap stationsby the end of next year.\nBattery Swap Safety Standard\nThe Chinese government has recently announced the National Standard for Battery Swap Safety Requirement which will be implemented from Nov 1. The policy works in favor of those who are into domestic battery swapping. As per the standard, the models that have snap-on batteries should be able to support 5,000 battery swaps and models with bolt-on batteries need to support  at least 1,500 battery swaps. Nio is the only company that can deliver these vehicles on a large scale because its battery swap-enabled vehicles are already under production.\nNioâs Power Swap 2.0 deployed this year has started operations in Beijing where it performs 312 swaps in a day, almost three times more than the current swap station. It aims to have 500 stations open nationwide by the end of 2021.\nThe Bottom Line on NIO Stock\nPriced at $31, NIO stock is not cheap but the shares are going upwards. They have shown high volatility in the past year and the company is making strong strides in the industry. This is an EV stock that you should hold forever.\nThe company has positioned itself as an innovator in the crowded EV market. Besides the cars, its battery as a service model has served customers and generated high revenue for the company. Even if you think that there is competition in the EV industry, the battery as a service sets NIO stock apart from the competitors.\nFor Nio stock, the only way is up. Do not be misled by the temporary dip in the stock, instead, take it as an opportunity to add it to your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193901379,"gmtCreate":1620742867391,"gmtModify":1704347740717,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"I hope Tiger can continue to explore untapped markets in SE Asia - Indonesia, Vietnam and Thailand. Way to go! ","listText":"I hope Tiger can continue to explore untapped markets in SE Asia - Indonesia, Vietnam and Thailand. Way to go! ","text":"I hope Tiger can continue to explore untapped markets in SE Asia - Indonesia, Vietnam and Thailand. Way to go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193901379","repostId":"1129735896","repostType":2,"repost":{"id":"1129735896","kind":"news","pubTimestamp":1618541904,"share":"https://ttm.financial/m/news/1129735896?lang=&edition=fundamental","pubTime":"2021-04-16 10:58","market":"us","language":"en","title":"Chinaâs Robinhood rivals are set for massive stock market gains on global expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=1129735896","media":"CNBC","summary":"KEY POINTSFrom the GameStop stock trading frenzy earlier this year to digital currency exchange Coin","content":"<div>\n<p>KEY POINTSFrom the GameStop stock trading frenzy earlier this year to digital currency exchange Coinbaseâs listing Wednesday, individuals are increasingly interested in playing capital markets, which ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/chinese-robinhood-rivals-set-for-stock-gains-on-global-expansion.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Chinaâs Robinhood rivals are set for massive stock market gains on global expansion</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\">\nChinaâs Robinhood rivals are set for massive stock market gains on global expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 10:58 GMT+8 <a href=https://www.cnbc.com/2021/04/16/chinese-robinhood-rivals-set-for-stock-gains-on-global-expansion.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSFrom the GameStop stock trading frenzy earlier this year to digital currency exchange Coinbaseâs listing Wednesday, individuals are increasingly interested in playing capital markets, which ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/chinese-robinhood-rivals-set-for-stock-gains-on-global-expansion.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"èèèŻćž"},"source_url":"https://www.cnbc.com/2021/04/16/chinese-robinhood-rivals-set-for-stock-gains-on-global-expansion.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129735896","content_text":"KEY POINTSFrom the GameStop stock trading frenzy earlier this year to digital currency exchange Coinbaseâs listing Wednesday, individuals are increasingly interested in playing capital markets, which are now easily accessible through a variety of mobile apps.Two Chinese-run stock trading apps plan to tap new users in Singapore and the U.S.BEIJING â Chinese-run stock trading apps are riding a surge of global interest in day trading, as competition grows for Robinhood.Futu and Tiger Brokers, both listed in the U.S., launched a few years ago as apps allowing Chinese users to trade U.S. or Hong Kong stocks. Now both are forecasting hundreds of thousands of new users this year â mostly from outside China.From the GameStop stock trading frenzy earlier this year to digital currency exchange Coinbaseâs listing Wednesday, individuals are increasingly interested in playing capital markets, which are now easily accessible through a variety of mobile apps.Hereâs how much analysts expect the Chinese players in this industry to climb.Tiger BrokersAlso known as UP Fintech, Tiger Brokers slid more than 4% on Thursday to close at $18.92 a share.That still leaves about 50% upside to reach China Renaissanceâs newly updated pricetarget of $30. Analyst Jacky Zuo raised the firmâs target from $26.50 a share in an April 8 report based on higher earnings expectations for Tiger Brokers.The company announced in late March its total number of funded accounts more than doubled in 2020 to reach 258,700. This year, Tiger Brokers expects that pace of growth will speed up with more than 350,000 new funded accounts, with international clients accounting for more than 50% of those additions.Outside of China, the company is focused on Singapore, the U.S. and Australia.Tiger Brokers plans to expand on a base of ethnic Chinese users overseas, Tianhua Wu,chairman and CEO, said in an interview last Friday. He said game-like features such asâKing of the Streetâ labels for high-performing users have attracted a younger crowd,and about 60% to 70% of users worldwide are under age 35.One of the main differences between the Chinese stock trading apps and other mobile-based trading platforms is the emphasis on a social community.âCompared with American brokerages, the biggest difference is these two companies have their own user community and have put greater effort into these social community services,â said Xin Jin, one of many investing experts who regularly shares research and analysis on Tiger Brokersâ app, and the founder of a U.S. stock investment consultancy for Chinese investors called Puyang. Thatâs according to a CNBC translation of his Chinese comments.He added that the rapid emergence of Chinaâs middle class in a world where different countries offer varying risks has increased global investorsâ demand for personal financial management.FutuShares of rival stock trading app Futu slipped 3% Thursday to close at $148 a share,leaving about 30% to run to reach China Renaissanceâs new price target of $200 a shareâ $35 higher than before.For Futu, its social community is contributing directly to more trades. Socially active clients traded 5 times more than non-socially active clients, China Renaissanceâs Zuosaid in an April 9 report, citing a half-day investor call with Futu management a dayearlier.Active users spent an average of 38 minutes on Futuâs app per trading day in the fourth quarter of last year, and daily active users reached 1 million in February, the report said.The company also more than doubled the number of paying users in 2020, for a total of 516,000. Futu expects to add 700,000 new paying clients this year, with 20% comingfrom outside Greater China inSingapore and the U.S.âWe prefer Futu over Tiger given the formerâs greater exposure to the HK market; weregard acquiring a HK license as a key stock catalyst for Tiger,â Zuo said in a report.Risks and competitionThe international expansion goes both ways. For example, U.S.-based Interactive Brokers, an industry giant which invested in Tiger Brokers early on, told CNBC in December that 80% of new accounts come from countries outside the U.S.And for popular new products such as cryptocurrencies that Coinbase and Robinhood offer, itâs illegal to trade them in China. Tiger Brokersâ Wu said the company is looking into virtual currency trading overseas.Overseas expansion also raises costs. Citi analysts said in a March 28 note that Tigerâsâaggressive overseas expansionâ will increase staff costs by 60% this year as the company must hire more high-paid, senior staff in overseas markets.Citi cut its price target to $21.63 a share, down from $38.60.In the long run, one signifificant difference between the the Chinese stock trading appsand their international competitors is a strategy to go beyond individual stock tradingand into the big business of investment banking.Already, Futu and Tiger work with major Chinese companies in their initial public offerings and start-ups for managing employee stock option plans. Futu participated in10 IPOs in the fourth quarter of last year, while Tiger participated in eight, according to China Renaissance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107252465,"gmtCreate":1620516840557,"gmtModify":1704344426948,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"If you are not welcome, shake the dust off your feet and move on. But take care of your loyal investors. ","listText":"If you are not welcome, shake the dust off your feet and move on. But take care of your loyal investors. ","text":"If you are not welcome, shake the dust off your feet and move on. But take care of your loyal investors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107252465","repostId":"2133837186","repostType":4,"repost":{"id":"2133837186","kind":"news","pubTimestamp":1620465600,"share":"https://ttm.financial/m/news/2133837186?lang=&edition=fundamental","pubTime":"2021-05-08 17:20","market":"us","language":"en","title":"Three Chinese telecom companies to be delisted by NYSE","url":"https://stock-news.laohu8.com/highlight/detail?id=2133837186","media":"StreetInsider","summary":" - Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.In separate announcements earlier on Friday, China Mobile Ltd; China Unicom and China Telecom Corp said they expect the NYSE to notify regulators of their delistings after the companies unsuccessfully appealed the move.The companies said their delistings will be effective 10 days after the exchange files a Form 25 to the U","content":"<p>(Reuters) - Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.</p><p>In separate announcements earlier on Friday, China Mobile Ltd; China Unicom and China Telecom Corp said they expect the NYSE to notify regulators of their delistings after the companies unsuccessfully appealed the move.</p><p>A NYSE spokesman declined to comment.</p><p>The companies said their delistings will be effective 10 days after the exchange files a Form 25 to the U.S. Securities and Exchange Commission.</p>","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>Three Chinese telecom companies to be delisted by NYSE</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\">\nThree Chinese telecom companies to be delisted by NYSE\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 17:20 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=18388385><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.In separate ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18388385\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHU":"äžćœèé(éŠæžŻ)"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18388385","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133837186","content_text":"(Reuters) - Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.In separate announcements earlier on Friday, China Mobile Ltd; China Unicom and China Telecom Corp said they expect the NYSE to notify regulators of their delistings after the companies unsuccessfully appealed the move.A NYSE spokesman declined to comment.The companies said their delistings will be effective 10 days after the exchange files a Form 25 to the U.S. Securities and Exchange Commission.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374613440,"gmtCreate":1619444008980,"gmtModify":1704723952238,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"Good news! It is good for the two countries in terms of relationship as well.","listText":"Good news! It is good for the two countries in terms of relationship as well.","text":"Good news! It is good for the two countries in terms of relationship as well.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374613440","repostId":"1186896771","repostType":4,"repost":{"id":"1186896771","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619442925,"share":"https://ttm.financial/m/news/1186896771?lang=&edition=fundamental","pubTime":"2021-04-26 21:15","market":"us","language":"en","title":"TSMC will invest $ 2.8 billion in China in order to increase chip production car","url":"https://stock-news.laohu8.com/highlight/detail?id=1186896771","media":"Tiger Newspress","summary":"TSMC will invest $ 2.8 billion in China in order to increase chip production car.","content":"<p>TSMC will invest $ 2.8 billion in China in order to increase chip production car.</p>\n<p><img src=\"https://static.tigerbbs.com/316b416c90dad568e492750f39e0aa30\" tg-width=\"840\" tg-height=\"470\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TSMC will invest $ 2.8 billion in China in order to increase chip production car</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; 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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\">\nTSMC will invest $ 2.8 billion in China in order to increase chip production car\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\">2021-04-26 21:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>TSMC will invest $ 2.8 billion in China in order to increase chip production car.</p>\n<p><img src=\"https://static.tigerbbs.com/316b416c90dad568e492750f39e0aa30\" tg-width=\"840\" tg-height=\"470\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"ć°ç§Żç”"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186896771","content_text":"TSMC will invest $ 2.8 billion in China in order to increase chip production car.","news_type":1},"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347616440,"gmtCreate":1618492861280,"gmtModify":1704711665566,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"Long awaited good news. Hooray! ","listText":"Long awaited good news. Hooray! ","text":"Long awaited good news. Hooray!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/347616440","repostId":"1123459098","repostType":4,"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351651973,"gmtCreate":1616594658692,"gmtModify":1704796160971,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"TSMC technology is 3 years ahead of Intel - producing 3nm while Intel still in 7nm. It is all about how advance your chips are compared to your competitors. ","listText":"TSMC technology is 3 years ahead of Intel - producing 3nm while Intel still in 7nm. It is all about how advance your chips are compared to your competitors. ","text":"TSMC technology is 3 years ahead of Intel - producing 3nm while Intel still in 7nm. It is all about how advance your chips are compared to your competitors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/351651973","repostId":"1101214616","repostType":2,"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359717798,"gmtCreate":1616423876614,"gmtModify":1704793963552,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"TSM will hit the roof with as it is holding >50% market share in foundry chips","listText":"TSM will hit the roof with as it is holding >50% market share in foundry chips","text":"TSM will hit the roof with as it is holding >50% market share in foundry chips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359717798","repostId":"1156786337","repostType":4,"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":156139637,"gmtCreate":1625200775829,"gmtModify":1703738248174,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"You have two great companies adopting your new chips even before commercial production. TSMC continues to set standards for world chip designs. ","listText":"You have two great companies adopting your new chips even before commercial production. TSMC continues to set standards for world chip designs. ","text":"You have two great companies adopting your new chips even before commercial production. TSMC continues to set standards for world chip designs.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/156139637","repostId":"2148873174","repostType":2,"repost":{"id":"2148873174","kind":"highlight","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":1625197444,"share":"https://ttm.financial/m/news/2148873174?lang=&edition=fundamental","pubTime":"2021-07-02 11:44","market":"us","language":"en","title":"Apple, Intel become first to adopt TSMC's latest chip tech - Nikkei","url":"https://stock-news.laohu8.com/highlight/detail?id=2148873174","media":"Reuters","summary":"July 2 (Reuters) - Apple Inc and Intel Corp will be the first adopters of Taiwan Semiconductor Manuf","content":"<p>July 2 (Reuters) - Apple Inc and Intel Corp will be the first adopters of Taiwan Semiconductor Manufacturing Co's next-generation chip production technology ahead of its deployment, possibly next year, Nikkei Asia reported on Friday.</p>\n<p>Apple and Intel are testing their chip designs with TSMC's 3-nanometer production technology, the report added, citing several sources briefed on the matter. Commercial output of such chips is expected to start in the second half of next year, Nikkei Asia said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple, Intel become first to adopt TSMC's latest chip tech - Nikkei</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\">\nApple, Intel become first to adopt TSMC's latest chip tech - Nikkei\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\">2021-07-02 11:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 2 (Reuters) - Apple Inc and Intel Corp will be the first adopters of Taiwan Semiconductor Manufacturing Co's next-generation chip production technology ahead of its deployment, possibly next year, Nikkei Asia reported on Friday.</p>\n<p>Apple and Intel are testing their chip designs with TSMC's 3-nanometer production technology, the report added, citing several sources briefed on the matter. Commercial output of such chips is expected to start in the second half of next year, Nikkei Asia said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"è±çčć°","AAPL":"èčæ","09086":"ćć€çșłæ-U","03086":"ćć€çșłæ"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148873174","content_text":"July 2 (Reuters) - Apple Inc and Intel Corp will be the first adopters of Taiwan Semiconductor Manufacturing Co's next-generation chip production technology ahead of its deployment, possibly next year, Nikkei Asia reported on Friday.\nApple and Intel are testing their chip designs with TSMC's 3-nanometer production technology, the report added, citing several sources briefed on the matter. Commercial output of such chips is expected to start in the second half of next year, Nikkei Asia said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122881665,"gmtCreate":1624610637557,"gmtModify":1703841667512,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"Good news for Singapore investors! Soon it will be the leading brokerage in Singapore. I hope I can transfer my shares from CDP to Tiger. ","listText":"Good news for Singapore investors! Soon it will be the leading brokerage in Singapore. I hope I can transfer my shares from CDP to Tiger. ","text":"Good news for Singapore investors! Soon it will be the leading brokerage in Singapore. I hope I can transfer my shares from CDP to Tiger.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/122881665","repostId":"1199923953","repostType":2,"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170887524,"gmtCreate":1626420283168,"gmtModify":1703759824193,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"It is better for Didi to get it over and done with. Going forward it will emerge as a stronger regulatory compliance company. ","listText":"It is better for Didi to get it over and done with. Going forward it will emerge as a stronger regulatory compliance company. ","text":"It is better for Didi to get it over and done with. Going forward it will emerge as a stronger regulatory compliance company.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170887524","repostId":"2151570666","repostType":2,"isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144398579,"gmtCreate":1626266344291,"gmtModify":1703756645054,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"TSM supply almost all chips used by Apple. Watch out for these two great companies. ","listText":"TSM supply almost all chips used by Apple. Watch out for these two great companies. ","text":"TSM supply almost all chips used by Apple. Watch out for these two great companies.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144398579","repostId":"1158281742","repostType":4,"isVote":1,"tweetType":1,"viewCount":629,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","crmLevel":5,"crmLevelSwitch":1,"idStr":"3572923586954779","authorIdStr":"3572923586954779"},"content":"Owned both. AAPL definitely had more to run up. TSMC however is a bit risky at current price. Fully priced in with limited upside, in my opinion","text":"Owned both. AAPL definitely had more to run up. TSMC however is a bit risky at current price. Fully priced in with limited upside, in my opinion","html":"Owned both. AAPL definitely had more to run up. TSMC however is a bit risky at current price. Fully priced in with limited upside, in my opinion"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006574509,"gmtCreate":1641804976420,"gmtModify":1676533649302,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"I am always puzzled why TSMC is so undervaluedcompared to other chip manufacturers. ","listText":"I am always puzzled why TSMC is so undervaluedcompared to other chip manufacturers. ","text":"I am always puzzled why TSMC is so undervaluedcompared to other chip manufacturers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006574509","repostId":"2202225932","repostType":4,"repost":{"id":"2202225932","kind":"news","pubTimestamp":1641797159,"share":"https://ttm.financial/m/news/2202225932?lang=&edition=fundamental","pubTime":"2022-01-10 14:45","market":"us","language":"en","title":"TSMC Sales Set Sixth Quarterly Record on Elevated Chip Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2202225932","media":"Bloomberg","summary":"(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. reported a sixth straight quarter of record sa","content":"<html><head></head><body><p>(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. reported a sixth straight quarter of record sales, buoyed by unrelenting demand by Apple Inc. and other customers for chips produced by the worldâs largest foundry.</p><p>Revenue for the December quarter jumped 21% to NT$438.2 billion ($15.8 billion), according to monthly figures released by TSMC Monday. That compared with the NT$436.2 billion consensus estimate and the companyâs own forecast of sales of as much as $15.7 billion.</p><p>A linchpin in the global supply chain, TSMC produces the chips that go into everything from the latest iPhones to cars from the worldâs top automakers. With the global semiconductor shortage showing no signs of abating, Asiaâs most valuable company has been running in high gear for the past year, driving the chipmaker to invest heavily in new fabs and manufacturing lines to meet customer demand.</p><p>What Bloomberg Intelligence Says:</p><p>Taiwan Semiconductor Manufacturing may report 4Q revenue above $15.6 billion, a new record for quarterly sales and at high end of its $15.4-$15.7 billion guidance, we believe. This is supported by a larger sales mix of its most advanced 5-nanometer (nm) node process amid strong demand for smartphone and high performance computer chips. Robust sales also point to full capacity utilization and better gross margin of about 52%, and could push 4Q operating profit up as much as 14.6% to NT$180 billion.</p><p>-- Charles Shum, analyst</p><p>Delivery times for chips increased by six days to about 25.8 weeks in December compared with November, according to research by Susquehanna Financial Group. That lag marks the longest wait time since the firm began tracking the data in 2017.</p><p><img src=\"https://static.tigerbbs.com/8e1ba86487283da3ae4e0e832dbf92b3\" tg-width=\"946\" tg-height=\"561\" width=\"100%\" height=\"auto\"/></p><p>TSMC will grow at a faster pace this year âunderpinned by price hikes, the ongoing industry upgrade cycle in HPC/5G, and strong demand for cryptocurrency,â Goldman Sachs analysts Bruce Lu and Evelyn Yu wrote in a note earlier this month. The brokerage predicted 2022 sales will grow 26% from a year earlier and lifted its target price for the chipmaker to N$1,035 from NT$1,028.</p><p>Shares of the chipmaker rose 1.4% to NT$643 on Monday before the company released the sales figures.</p></body></html>","source":"yahoofinance","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>TSMC Sales Set Sixth Quarterly Record on Elevated Chip Demand</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\">\nTSMC Sales Set Sixth Quarterly Record on Elevated Chip Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-10 14:45 GMT+8 <a href=https://finance.yahoo.com/news/tsmc-sales-set-sixth-quarterly-054759865.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. reported a sixth straight quarter of record sales, buoyed by unrelenting demand by Apple Inc. and other customers for chips produced by the worldâ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tsmc-sales-set-sixth-quarterly-054759865.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"èčæ","TSM":"ć°ç§Żç”","GS":"é«ç"},"source_url":"https://finance.yahoo.com/news/tsmc-sales-set-sixth-quarterly-054759865.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2202225932","content_text":"(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. reported a sixth straight quarter of record sales, buoyed by unrelenting demand by Apple Inc. and other customers for chips produced by the worldâs largest foundry.Revenue for the December quarter jumped 21% to NT$438.2 billion ($15.8 billion), according to monthly figures released by TSMC Monday. That compared with the NT$436.2 billion consensus estimate and the companyâs own forecast of sales of as much as $15.7 billion.A linchpin in the global supply chain, TSMC produces the chips that go into everything from the latest iPhones to cars from the worldâs top automakers. With the global semiconductor shortage showing no signs of abating, Asiaâs most valuable company has been running in high gear for the past year, driving the chipmaker to invest heavily in new fabs and manufacturing lines to meet customer demand.What Bloomberg Intelligence Says:Taiwan Semiconductor Manufacturing may report 4Q revenue above $15.6 billion, a new record for quarterly sales and at high end of its $15.4-$15.7 billion guidance, we believe. This is supported by a larger sales mix of its most advanced 5-nanometer (nm) node process amid strong demand for smartphone and high performance computer chips. Robust sales also point to full capacity utilization and better gross margin of about 52%, and could push 4Q operating profit up as much as 14.6% to NT$180 billion.-- Charles Shum, analystDelivery times for chips increased by six days to about 25.8 weeks in December compared with November, according to research by Susquehanna Financial Group. That lag marks the longest wait time since the firm began tracking the data in 2017.TSMC will grow at a faster pace this year âunderpinned by price hikes, the ongoing industry upgrade cycle in HPC/5G, and strong demand for cryptocurrency,â Goldman Sachs analysts Bruce Lu and Evelyn Yu wrote in a note earlier this month. The brokerage predicted 2022 sales will grow 26% from a year earlier and lifted its target price for the chipmaker to N$1,035 from NT$1,028.Shares of the chipmaker rose 1.4% to NT$643 on Monday before the company released the sales figures.","news_type":1},"isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817867906,"gmtCreate":1630932889005,"gmtModify":1676530423421,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"All of them still need Intel or TSMC to manufacture their chips for them. ","listText":"All of them still need Intel or TSMC to manufacture their chips for them. ","text":"All of them still need Intel or TSMC to manufacture their chips for them.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817867906","repostId":"1121396906","repostType":4,"isVote":1,"tweetType":1,"viewCount":684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347616440,"gmtCreate":1618492861280,"gmtModify":1704711665566,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"Long awaited good news. Hooray! ","listText":"Long awaited good news. Hooray! ","text":"Long awaited good news. Hooray!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/347616440","repostId":"1123459098","repostType":4,"repost":{"id":"1123459098","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618465213,"share":"https://ttm.financial/m/news/1123459098?lang=&edition=fundamental","pubTime":"2021-04-15 13:40","market":"us","language":"en","title":"TSMC Reports First Quarter EPS of NT$5.39, above forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=1123459098","media":"Tiger Newspress","summary":"TSMC today announced consolidated revenue of NT$362.41 billion, net income of NT$139.69 billion, and","content":"<p>TSMC today announced consolidated revenue of NT$362.41 billion, net income of NT$139.69 billion, and diluted earnings per share of NT$5.39 (US$0.96 per ADR unit) for the first quarter ended March 31, 2021.</p><p>Year-over-year, first quarter revenue increased 16.7% while net income and diluted EPS both increased 19.4%. Compared to fourth quarter 2020, first quarter results represented a 0.2% increase in revenue and a 2.2% decrease in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.</p><p>In US dollars, first quarter revenue was $12.92 billion, which increased 25.4% year-over-year and increased 1.9% from the previous quarter.</p><p>Gross margin for the quarter was 52.4%, operating margin was 41.5%, and net profit margin was 38.6%.</p><p>In the first quarter, shipments of 5-nanometer accounted for 14% of total wafer revenue; 7-nanometer accounted for 35%. Advanced technologies, defined as 7-nanometer and more advanced technologies, accounted for 49% of total wafer revenue.</p><p><img src=\"https://static.tigerbbs.com/6361aa2579a3b3b9da1ae1b035e3a72c\" tg-width=\"652\" tg-height=\"299\" referrerpolicy=\"no-referrer\"></p><p>TSMC now expects investments of about $30 billion on capacity expansions and upgrades this year, after spending $8.8 billion in the first three months, Chief Financial Officer Wendell Huang said. The company had previously forecast spending of as much as $28 billion. Sales in the June quarter may reach $13.2 billion, beating the average $12.8 billion seen by analysts, while full-year revenue may climb 20% in dollar terms, ahead of the âmid-teensâ growth predicted in January.</p><p>âWe see the demand continue to be high and the shortage will continue throughout this year and may be extended into 2022 also,â said Chief Executive Officer C.C. Wei.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TSMC Reports First Quarter EPS of NT$5.39, above forecast</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\">\nTSMC Reports First Quarter EPS of NT$5.39, above forecast\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\">2021-04-15 13:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>TSMC today announced consolidated revenue of NT$362.41 billion, net income of NT$139.69 billion, and diluted earnings per share of NT$5.39 (US$0.96 per ADR unit) for the first quarter ended March 31, 2021.</p><p>Year-over-year, first quarter revenue increased 16.7% while net income and diluted EPS both increased 19.4%. Compared to fourth quarter 2020, first quarter results represented a 0.2% increase in revenue and a 2.2% decrease in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.</p><p>In US dollars, first quarter revenue was $12.92 billion, which increased 25.4% year-over-year and increased 1.9% from the previous quarter.</p><p>Gross margin for the quarter was 52.4%, operating margin was 41.5%, and net profit margin was 38.6%.</p><p>In the first quarter, shipments of 5-nanometer accounted for 14% of total wafer revenue; 7-nanometer accounted for 35%. Advanced technologies, defined as 7-nanometer and more advanced technologies, accounted for 49% of total wafer revenue.</p><p><img src=\"https://static.tigerbbs.com/6361aa2579a3b3b9da1ae1b035e3a72c\" tg-width=\"652\" tg-height=\"299\" referrerpolicy=\"no-referrer\"></p><p>TSMC now expects investments of about $30 billion on capacity expansions and upgrades this year, after spending $8.8 billion in the first three months, Chief Financial Officer Wendell Huang said. The company had previously forecast spending of as much as $28 billion. Sales in the June quarter may reach $13.2 billion, beating the average $12.8 billion seen by analysts, while full-year revenue may climb 20% in dollar terms, ahead of the âmid-teensâ growth predicted in January.</p><p>âWe see the demand continue to be high and the shortage will continue throughout this year and may be extended into 2022 also,â said Chief Executive Officer C.C. Wei.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"ć°ç§Żç”"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123459098","content_text":"TSMC today announced consolidated revenue of NT$362.41 billion, net income of NT$139.69 billion, and diluted earnings per share of NT$5.39 (US$0.96 per ADR unit) for the first quarter ended March 31, 2021.Year-over-year, first quarter revenue increased 16.7% while net income and diluted EPS both increased 19.4%. Compared to fourth quarter 2020, first quarter results represented a 0.2% increase in revenue and a 2.2% decrease in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.In US dollars, first quarter revenue was $12.92 billion, which increased 25.4% year-over-year and increased 1.9% from the previous quarter.Gross margin for the quarter was 52.4%, operating margin was 41.5%, and net profit margin was 38.6%.In the first quarter, shipments of 5-nanometer accounted for 14% of total wafer revenue; 7-nanometer accounted for 35%. Advanced technologies, defined as 7-nanometer and more advanced technologies, accounted for 49% of total wafer revenue.TSMC now expects investments of about $30 billion on capacity expansions and upgrades this year, after spending $8.8 billion in the first three months, Chief Financial Officer Wendell Huang said. The company had previously forecast spending of as much as $28 billion. Sales in the June quarter may reach $13.2 billion, beating the average $12.8 billion seen by analysts, while full-year revenue may climb 20% in dollar terms, ahead of the âmid-teensâ growth predicted in January.âWe see the demand continue to be high and the shortage will continue throughout this year and may be extended into 2022 also,â said Chief Executive Officer C.C. Wei.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351651973,"gmtCreate":1616594658692,"gmtModify":1704796160971,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"TSMC technology is 3 years ahead of Intel - producing 3nm while Intel still in 7nm. It is all about how advance your chips are compared to your competitors. ","listText":"TSMC technology is 3 years ahead of Intel - producing 3nm while Intel still in 7nm. It is all about how advance your chips are compared to your competitors. ","text":"TSMC technology is 3 years ahead of Intel - producing 3nm while Intel still in 7nm. It is all about how advance your chips are compared to your competitors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/351651973","repostId":"1101214616","repostType":2,"repost":{"id":"1101214616","kind":"news","pubTimestamp":1616575902,"share":"https://ttm.financial/m/news/1101214616?lang=&edition=fundamental","pubTime":"2021-03-24 16:51","market":"us","language":"en","title":"TSMC shares slide, as Taiwan plays down Intel's $20 billion expansion challenge","url":"https://stock-news.laohu8.com/highlight/detail?id=1101214616","media":"reuters","summary":"TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares fell nearly 3% on Wednesda","content":"<p>TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares fell nearly 3% on Wednesday after Intel Corp announced a $20 billion plan to expand its advanced chip manufacturing capacity, even as Taiwanâs economy minister sought to downplay the impact.</p>\n<p><img src=\"https://static.tigerbbs.com/48c2607f9c15869e7dfab9310342a994\" tg-width=\"853\" tg-height=\"649\">Intel said on Tuesday it will build two factories in Arizona and open its plants to outside customers, directly challenging the two other companies in the world that can make the most advanced chips - TSMC and South Koreaâs Samsung Electronics Co Ltd.</p>\n<p>Shares in TSMC, the worldâs largest contract chip manufacturer with clients including Apple Inc and Qualcomm Inc, fell as much as 3.9% on Wednesday morning, compared with a drop of around 1% on the broader market.</p>\n<p>TSMC announced plans in May to build its own $12 billion factory in Arizona, in an apparent win by the then-Trump administration in its push to wrestle global tech supply chains back from China.</p>\n<p>Taiwan Economy Minister Wang Mei-hua said Intelâs plan was ânot a challengeâ to the islandâs formidable semiconductor industry.</p>\n<p>âFirst of all I believe that our whole semiconductor ecosystem is very good, and secondly our manufacturers are awesome, and are continually advancing their technology,â she said.</p>\n<p>Wang said she would be happy to see Taiwan-U.S. cooperation on semiconductors âbut of course we still hope they can increase their investment in Taiwanâ.</p>\n<p>LONG-TERM IMPACT?</p>\n<p>The move by Intelâs new Chief Executive Pat Gelsinger aims to restore Intelâs reputation after manufacturing stumbles sent shares plunging last year.</p>\n<p>Sherman Shang, a research analyst at Fubon Securities Investment Services in Taipei, said Intel had tried to do this before without much success and that âfundamentallyâ the new plan was no different, meaning TSMC should be unaffected, and its advanced technology was difficult to match in any case.</p>\n<p>âThe Intel CEO is living in a previous era, and itâs quite hard for them to catch up on manufacturing,â he said.</p>\n<p>But Mega International Investment Services analyst Alex Huang was more circumspect.</p>\n<p>âAs Intelâs new chip fabs come online, TSMC will be under pressure to evaluate its future operating prospects and this will affect TSMCâs long-term competitiveness,â he said.</p>\n<p>TSMC, like other technology firms, has benefited from the work-and-study-from-home trend globally during the COVID-19 pandemic, as people rushed to buy laptops, tablets and other equipment.</p>\n<p>In January it posted its best-ever quarterly profit, for the fourth quarter of last year, and hiked revenue and capital spending estimates to record levels as it forecast âmultiple years of growth opportunitiesâ.</p>\n<p>It is hugely profitable thanks to its gold standard foundry technology, with a gross profit margin of more than 50%, and plans record capital spending on the production and development of advanced chips of between $25 billion-$28 billion this year, as much as 60% higher than the amount it spent in 2020.</p>\n<p>TSMCâs shares have gained almost 10% so far this year, giving it a market value of about $542 billion.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TSMC shares slide, as Taiwan plays down Intel's $20 billion expansion challenge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTSMC shares slide, as Taiwan plays down Intel's $20 billion expansion challenge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-24 16:51 GMT+8 <a href=https://www.reuters.com/article/us-intel-manufacturing-taiwan/tsmc-shares-slide-as-taiwan-plays-down-intels-20-billion-expansion-challenge-idUSKBN2BG09F?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares fell nearly 3% on Wednesday after Intel Corp announced a $20 billion plan to expand its advanced chip manufacturing capacity, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-intel-manufacturing-taiwan/tsmc-shares-slide-as-taiwan-plays-down-intels-20-billion-expansion-challenge-idUSKBN2BG09F?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/975836d8c6eb511241583dccb0d387f2","relate_stocks":{"TSM":"ć°ç§Żç”"},"source_url":"https://www.reuters.com/article/us-intel-manufacturing-taiwan/tsmc-shares-slide-as-taiwan-plays-down-intels-20-billion-expansion-challenge-idUSKBN2BG09F?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101214616","content_text":"TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares fell nearly 3% on Wednesday after Intel Corp announced a $20 billion plan to expand its advanced chip manufacturing capacity, even as Taiwanâs economy minister sought to downplay the impact.\nIntel said on Tuesday it will build two factories in Arizona and open its plants to outside customers, directly challenging the two other companies in the world that can make the most advanced chips - TSMC and South Koreaâs Samsung Electronics Co Ltd.\nShares in TSMC, the worldâs largest contract chip manufacturer with clients including Apple Inc and Qualcomm Inc, fell as much as 3.9% on Wednesday morning, compared with a drop of around 1% on the broader market.\nTSMC announced plans in May to build its own $12 billion factory in Arizona, in an apparent win by the then-Trump administration in its push to wrestle global tech supply chains back from China.\nTaiwan Economy Minister Wang Mei-hua said Intelâs plan was ânot a challengeâ to the islandâs formidable semiconductor industry.\nâFirst of all I believe that our whole semiconductor ecosystem is very good, and secondly our manufacturers are awesome, and are continually advancing their technology,â she said.\nWang said she would be happy to see Taiwan-U.S. cooperation on semiconductors âbut of course we still hope they can increase their investment in Taiwanâ.\nLONG-TERM IMPACT?\nThe move by Intelâs new Chief Executive Pat Gelsinger aims to restore Intelâs reputation after manufacturing stumbles sent shares plunging last year.\nSherman Shang, a research analyst at Fubon Securities Investment Services in Taipei, said Intel had tried to do this before without much success and that âfundamentallyâ the new plan was no different, meaning TSMC should be unaffected, and its advanced technology was difficult to match in any case.\nâThe Intel CEO is living in a previous era, and itâs quite hard for them to catch up on manufacturing,â he said.\nBut Mega International Investment Services analyst Alex Huang was more circumspect.\nâAs Intelâs new chip fabs come online, TSMC will be under pressure to evaluate its future operating prospects and this will affect TSMCâs long-term competitiveness,â he said.\nTSMC, like other technology firms, has benefited from the work-and-study-from-home trend globally during the COVID-19 pandemic, as people rushed to buy laptops, tablets and other equipment.\nIn January it posted its best-ever quarterly profit, for the fourth quarter of last year, and hiked revenue and capital spending estimates to record levels as it forecast âmultiple years of growth opportunitiesâ.\nIt is hugely profitable thanks to its gold standard foundry technology, with a gross profit margin of more than 50%, and plans record capital spending on the production and development of advanced chips of between $25 billion-$28 billion this year, as much as 60% higher than the amount it spent in 2020.\nTSMCâs shares have gained almost 10% so far this year, giving it a market value of about $542 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144308001,"gmtCreate":1626265754003,"gmtModify":1703756628697,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"After long five years, investors of Wells Fargo are finally rewarded. Way to go! ","listText":"After long five years, investors of Wells Fargo are finally rewarded. Way to go! ","text":"After long five years, investors of Wells Fargo are finally rewarded. Way to go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144308001","repostId":"2151162795","repostType":2,"isVote":1,"tweetType":1,"viewCount":874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107252465,"gmtCreate":1620516840557,"gmtModify":1704344426948,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"If you are not welcome, shake the dust off your feet and move on. But take care of your loyal investors. ","listText":"If you are not welcome, shake the dust off your feet and move on. But take care of your loyal investors. ","text":"If you are not welcome, shake the dust off your feet and move on. But take care of your loyal investors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107252465","repostId":"2133837186","repostType":4,"repost":{"id":"2133837186","kind":"news","pubTimestamp":1620465600,"share":"https://ttm.financial/m/news/2133837186?lang=&edition=fundamental","pubTime":"2021-05-08 17:20","market":"us","language":"en","title":"Three Chinese telecom companies to be delisted by NYSE","url":"https://stock-news.laohu8.com/highlight/detail?id=2133837186","media":"StreetInsider","summary":" - Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.In separate announcements earlier on Friday, China Mobile Ltd; China Unicom and China Telecom Corp said they expect the NYSE to notify regulators of their delistings after the companies unsuccessfully appealed the move.The companies said their delistings will be effective 10 days after the exchange files a Form 25 to the U","content":"<p>(Reuters) - Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.</p><p>In separate announcements earlier on Friday, China Mobile Ltd; China Unicom and China Telecom Corp said they expect the NYSE to notify regulators of their delistings after the companies unsuccessfully appealed the move.</p><p>A NYSE spokesman declined to comment.</p><p>The companies said their delistings will be effective 10 days after the exchange files a Form 25 to the U.S. Securities and Exchange Commission.</p>","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>Three Chinese telecom companies to be delisted by NYSE</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\">\nThree Chinese telecom companies to be delisted by NYSE\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 17:20 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=18388385><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.In separate ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18388385\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHU":"äžćœèé(éŠæžŻ)"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18388385","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133837186","content_text":"(Reuters) - Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.In separate announcements earlier on Friday, China Mobile Ltd; China Unicom and China Telecom Corp said they expect the NYSE to notify regulators of their delistings after the companies unsuccessfully appealed the move.A NYSE spokesman declined to comment.The companies said their delistings will be effective 10 days after the exchange files a Form 25 to the U.S. Securities and Exchange Commission.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359717798,"gmtCreate":1616423876614,"gmtModify":1704793963552,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"TSM will hit the roof with as it is holding >50% market share in foundry chips","listText":"TSM will hit the roof with as it is holding >50% market share in foundry chips","text":"TSM will hit the roof with as it is holding >50% market share in foundry chips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359717798","repostId":"1156786337","repostType":4,"repost":{"id":"1156786337","kind":"news","pubTimestamp":1616417515,"share":"https://ttm.financial/m/news/1156786337?lang=&edition=fundamental","pubTime":"2021-03-22 20:51","market":"us","language":"en","title":"These beaten-down tech stocks may be worth their high valuations, two traders say","url":"https://stock-news.laohu8.com/highlight/detail?id=1156786337","media":"cnbc","summary":"Semiconductor stocks are in a sweet spot for investors, two traders say.A search for high-momentum s","content":"<div>\n<p>Semiconductor stocks are in a sweet spot for investors, two traders say.A search for high-momentum stocks well off their 52-week highs and worth their maybe-lofty valuations has led Simpler Tradingâs ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/22/these-beaten-down-tech-stocks-may-be-worth-their-high-valuations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>These beaten-down tech stocks may be worth their high valuations, two traders say</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; 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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\">\nThese beaten-down tech stocks may be worth their high valuations, two traders say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 20:51 GMT+8 <a href=https://www.cnbc.com/2021/03/22/these-beaten-down-tech-stocks-may-be-worth-their-high-valuations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Semiconductor stocks are in a sweet spot for investors, two traders say.A search for high-momentum stocks well off their 52-week highs and worth their maybe-lofty valuations has led Simpler Tradingâs ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/22/these-beaten-down-tech-stocks-may-be-worth-their-high-valuations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"çŸćœè¶ ćŸźć Źćž",".SPX":"S&P 500 Index","TSM":"ć°ç§Żç”","NVDA":"è±äŒèŸŸ",".DJI":"éçŒæŻ",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/22/these-beaten-down-tech-stocks-may-be-worth-their-high-valuations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156786337","content_text":"Semiconductor stocks are in a sweet spot for investors, two traders say.A search for high-momentum stocks well off their 52-week highs and worth their maybe-lofty valuations has led Simpler Tradingâs Danielle Shay and Piper Sandlerâs Craig Johnson to the chipmakers.âThe space has pulled back pretty significantly and a lot of that I feel has to do with the semiconductor shortages,â Shay said Friday on CNBCâsâTrading Nation.âThe VanEck Vectors Semiconductor ETF (SMH) is more than 8% below its 52-week high from February, with the industry expecting the undersupply of chips to endure for at least several months.âI think the semiconductors ... have a lot of potential for growth here. When youâre looking at the market space overall over the course of the next several years, technologyâs only going to continue to grow,â said Shay, her firmâs director of options. âNvidiaâs one of my favorites. I like Taiwan Semiconductor and I also like Advanced Micro Devices. All of these companies are pulled back right now, leading to some great entry points for the long term.âNvidia was also a favorite for Johnson, Piper Sandlerâs senior technical research analyst.âHereâs a stock thatâs clearly been one of the best names inside of the semiconductor space,â he said in the same interview, referencing a chart of the stock.âIt has done extremely well before we started seeing interest rates go up, and frankly for the last about eight months, the stock has done nothing but go sideways,â Johnson said. âIn the technical world, from my perspective, this looks like a stock thatâs just resting, consolidating, taking a breather after having had a very meaningful move.âNoting that the stock is about 14% off its February highs, the chart analyst said it is seeing a âsetback and correction,â not the start of a sharper decline.âThis is a stock thatâs expected to have over 30% earnings growth,â he said. âSo I think this is one of these kind of treasure stocks ⊠that people should be buying as it pulls back and retests the lower end of this trading range.âDonât buy all at once, though, Johnson said.âI donât think you have to build your full position here quite yet,â he said. âWhat Iâd like to see happen is as youâre coming down to retest that, start putting the position on and if you confirm and start moving higher after youâve retested that big area of support, thatâs when Iâd fill out the rest of the position. So Iâd make it two or three ... purchases as you come in and test that support area.â","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181545591,"gmtCreate":1623403856513,"gmtModify":1704202671850,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"With William Li at the helm, NIO is the EV to watch. ","listText":"With William Li at the helm, NIO is the EV to watch. ","text":"With William Li at the helm, NIO is the EV to watch.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181545591","repostId":"2142220719","repostType":2,"repost":{"id":"2142220719","kind":"news","pubTimestamp":1623375318,"share":"https://ttm.financial/m/news/2142220719?lang=&edition=fundamental","pubTime":"2021-06-11 09:35","market":"us","language":"en","title":"China's Nio Faces Battle Royale After Return From Brink of Ruin","url":"https://stock-news.laohu8.com/highlight/detail?id=2142220719","media":"Bloomberg","summary":" -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.Urbane, early adopters in Chinaâs biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. N","content":"<p>(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.</p>\n<p>Li manages to spoon a small amount of fried rice and vegetables onto his plate, but heâs not here for the food. Over the next three hours, Li poses for hundreds more photos, chatting with customers of the automaker he started just over six years ago and has built into a way of life â at least for the people who buy his cars â with clubhouses, a round-the-clock battery recharging service and even clothing, food and exercise equipment, all decked out in Nioâs geometric logo. As Li works the room, a video backdrop shows six performers, each wearing a different-colored Nio hoodie, singing a self-composed song dedicated to the company. âMeeting with Nio, we want to be better selves,ââ the not-so-catchy ditty goes.</p>\n<p>While other billionaire executives may cringe at spending their down time glad-handing customers, for Li this is core. Nioâs business model relies on creating a sense of allegiance among buyers, who then persuade friends and family to spread the word about its cars. Dubbed âRippling Mode,ââ the strategy invokes the ever-widening circles caused by throwing a single stone into a pond, Li says. The scene in Shanghai was just what he was aiming for: a passionate customer base with the loyalty of Apple Inc. fans â and a dash of Elon Musk cult-of-personality thrown in.</p>\n<p>Itâs an approach thatâs turned Nio into Muskâs most visible nemesis in a country that seems to be minting Tesla adversaries every other day. While other electric vehicle companies may pump out more cars aimed at the mass market, Nio is targeting the premium buyers that Musk â who established his first Gigafactory outside the U.S. on the outskirts of Shanghai in 2019 â needs to realize his ambitions for global growth and long-term profitability. China is ground-zero in the transition away from gas-guzzlers to alternative-energy cars, with the government intent on dominating a new automotive era that has triggered an onslaught of investment over the past six months and that even the U.S. is now embracing.</p>\n<p>The biggest car market on the planet, China is already the worldâs largest for EVs. Sales will reach 2 million this year and surge to 6.2 million vehicles by 2025, when they will account for a quarter of all passenger car sales in the country, according to BloombergNEF.</p>\n<p>Urbane, early adopters in Chinaâs biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. Nioâs premium ES6 SUV competes head-to-head with the sporty Model Y that Tesla started making in China last year. Itâs a tussle thatâs front and center for Li, who in an interview with Bloomberg talked about how the eldest of his two sons, a first grader, wants to follow in his footsteps.</p>\n<p>âOne day he told me that he would study hard and work hard, helping dad beat Tesla when he grows up,â said Li. âItâs going to be too late, I said.â</p>\n<p>These days, that prospect is looking less like wishful thinking.</p>\n<p>Nio delivered more than 20,000 vehicles, all of them SUVs, in the first quarter at an average price of $68,000, while Tesla shipped around 17,000 of its Model Y sports utility vehicle in China, which starts at around $53,000. Nio's share of the overall China market for higher end cars is second only to Tesla, according to Kang Jun, an analyst at consultancy LMC Automotive, and it's set a âbenchmarkâ for the wider EV space, âparticularly in product and service innovation.â</p>\n<p>Tesla has also faced a raft of setbacks of late in China, which accounted for more than 20% of all revenue last year. Increased scrutiny from local regulators has been accompanied by a rising backlash against Tesla and its cars, culminating in <a href=\"https://laohu8.com/S/AONE\">one</a> owner climbing on top of a Model 3 at the recent Shanghai Auto Show, claiming the company failed to address issues with her vehicleâs brakes. The protest, which went viral in China, unleashed a wave of complaints about Teslaâs customer service, the very thing Li â who regularly replies to queries from Nio owners on the companyâs app and has taken weekend trips across China to meet customers â has used to differentiate Nio in the cut-throat EV landscape.</p>\n<p>But Tesla isnât the only foe Li has to worry about. A Battle Royale is brewing in Chinaâs new energy car market â where retail sales of battery-powered passenger vehicles jumped 10% to 1.11 million last year, despite the hit from the pandemic â <a href=\"https://laohu8.com/S/AONE.U\">one</a> that will challenge both Nio and Tesla, and set the stage for global control over the future of cars.</p>\n<p>After years watching from the sidelines, the big auto-making giants are doubling down on EVs, with Volkswagen AG launching an eight-car range from its platform designed for battery electric cars in China, Toyota Motor Corp. unveiling a new EV platform, and premium carmakers like BMW AG aiming for one-quarter of all Chinese sales to be electric. At the same time, Big Tech is eyeing the sector, lured by the technological possibilities. Chinese search-engine titan Baidu Inc. to smartphone maker Xiaomi Corp. and networks giant Huawei Technologies Co. have pledged almost $19 billion into the EV and autonomous driving space since the start of the year alone.</p>\n<p>Smaller companies like Nio â which is listed with compatriots Xpeng Inc. and Li Auto Inc. in New York, putting them on the radar of U.S. investors â will face greater pressure as multinationals enter the fray, said Zhang Xiang, an auto-industry researcher at North China University of Technology in Beijing.</p>\n<p>âItâs by no means a time they can rest easy.â</p>\n<p>Nio has already had one near-death experience.</p>\n<p>Carmaking is typically a capital-intensive business, but with Nio, Li has sought to create a brand beyond the vehicles, an approach he describes as âthe pursuit of being a user-enterprise.ââ The most visible manifestation of that was the Nio House, an elite drop-in center for the companyâs customers â even offering art and music classes for their kids â and located on prime real estate in some of Chinaâs biggest cities. It was coupled with extravagant marketing events. The carmaker holds annual Nio Days, and at the first in 2017 paid for flights and luxury hotels for everyone who ordered a vehicle a year before production started. R&B star Bruno Mars headlined the 2018 event. When its public charging facilities are overwhelmed, Nio has a fleet of cars that can take portable battery chargers to users wherever theyâre parked.</p>\n<p>Such largesse, along with a major recall after some cars caught fire just as China shifted subsidies from EV purchases to support the charging network, saw Nio rack up $5 billion of losses in its first four years of existence (Tesla took about 15 years to reach that particular milestone). By the second quarter of 2019, the company was losing around $5 million a day.</p>\n<p>âIt was our darkest time,ââ Li said. A team met nightly to comb through expenses, from salaries to the cost of Nio Houses. âIt was easy to calculate how much we could earn from selling cars, but we had to mind for everything to sustain a normal operation,ââ he said. âEvery dollar counted.â</p>\n<p>By October 2019, it looked like the gig was up. After posting a worse-than-expected quarterly loss, Nioâs shares plunged to a record low of $1.32. At its nadir, the carmaker had lost more than 70% of its market capitalization â about $5 billion in value â from its New York initial public offering a year earlier.</p>\n<p>Even a $200 million cash injection from a sale of convertible notes to Li and an affiliate of Chinese tech giant Tencent Holdings Ltd. â an early investor in both Nio and Tesla â wasnât enough to shore up the companyâs seemingly insatiable need for cash.</p>\n<p>The setbacks kept coming. Nio couldnât afford the final payment on an imported stamping presser, a large machine used to shape a carâs panels. Worse, it had to sell the presser at a discount to Tesla, which promptly installed it in its new Shanghai plant, built with loans and support facilitated by the government. Soon after, a deal for as much as 10 billion yuan ($1.6 billion) in funding from a Beijing local government-backed firm fell apart. Analysts started to openly speculate that Nio may be delisted or taken over. The situation got so dire that in late 2019, He Xiaopeng, the engineer founder of Guangzhou-based Xpeng, itself in a tenuous position with just 3 billion yuan in cash, proposed a merger of the two struggling electric carmakers, according to an interview He gave to Chinese state media. Li rejected the offer.</p>\n<p>âNio was already in the intensive care unit, while Xpeng was waiting outside,ââ Li recalled. âA merger would bury both of us.â</p>\n<p>(Xpeng went on to be the third Chinese EV startup to list in the U.S., raising $1.5 billion in August 2020. The surge of investment in the space has seen its shares more than double, even accounting for a recent dip, and the company is now setting up a third Chinese production base to meet demand.)</p>\n<p>Then came the lifeline that showed the lengths China will go to maintain its ambition of creating a world-leading EV industry.</p>\n<p>In early 2020, the municipal government in Hefei â the capital of Liâs home province of Anhui, about 600 miles southeast of Beijing â came knocking. Despite the onset of the coronavirus pandemic, which initially paralyzed car sales, a deal was struck in which the Hefei government would lead an injection of 10 billion yuan into Nio, more than the companyâs entire revenue for 2019.</p>\n<p>Coming just months after Nio said it wouldnât have enough money to continue operating for another year unless it got more funds, the agreement essentially provided the company with a state-backed security blanket. That can be a key advantage in China, where the government is the biggest player in almost every industry and has a hand in everything from manufacturing permits to access to capital. It could also provide a decisive edge over Tesla, which seems to have lost the favor it enjoyed early on with Beijing, as tensions with Washington continue to simmer under President Joe Bidenâs administration.</p>\n<p>For Nio, the quid-pro-quo was supporting local industry. The company abandoned plans to build a factory in Shanghai in early 2019, and instead â unlike Tesla and most traditional automakers â it pays a government-owned manufacturer in Hefei called Jianghuai Automobile Group Co., or JAC, to make its cars. The deal was extended last month for another three years, with JAC agreeing to double monthly capacity to 20,000 vehicles.</p>\n<p>âWhen William Li brought his proposal to us, most people thought it was fantasy that a Chinese carmaker planned to build first-rate intelligent electric vehicles,ââ former JAC Chairman An Jin said. âI might be the person with the best knowledge of how Nio came along, with all the challenges and difficulties. In its hardest time, William even devoted his own money to solve the problem. Thatâs how he fought for his dreams.ââ</p>\n<p>At an April 7 ceremony to mark the production of Nioâs 100,000th vehicle, Li said he would work with the Hefei government to establish an intelligent-vehicle production base, including an R&D facility. Construction started later that month, and the industrial park is expected to eventually house manufacturing workshops, along with other players in the EV supply chain.</p>\n<p>The Hefei pact, described as a government bailout by Sanford C. Bernsteinâs senior analyst Robin Zhu, âput speculation around Nioâs funding issues to bed, at least in the foreseeable future,â he said.</p>\n<p>Li, though, also credits his loyal customer base. âWe sold over 8,000 cars in the fourth quarter of 2019, which was pivotal to our survival,ââ he said. âThatâs why I always say that our customers saved us. Even if we sold 500 or 1,000 fewer vehicles, that could have triggered a total collapse.ââ</p>\n<p>Still, the experience was chastening. Nio cut about a quarter of its workforce, slowed its efforts on autonomous driving, delayed wage payments for managers and spun off some non-core businesses. While the rollout of the costly Nio Houses was suspended for more than a year, the strategy of putting Nio ownership at the center of an ownersâ lifestyle and creating an aura of exclusivity, wasnât forsaken with more modest Nio Spaces rolled out. Usually around 100-200 square meters (1,100-2,150 square feet), Nio Spaces are located in cheaper locales and also sometimes in smaller cities. They cost about 1 million yuan to set up, much less expensive than the more salubrious Nio Houses.</p>\n<p>It seems to have worked â for now. Nio is still yet to turn a profit but its sales have risen steadily since â topping $1 billion for the first time in the three months to Dec. 31, 2020. The company narrowed its net loss in the first quarter of 2021 to 451 million yuan, down from 1.69 billion yuan a year earlier and 1.39 billion yuan in the fourth quarter of 2020. Even the businesses that underpin Nioâs lifestyle brand are making money, contributing to 1.1 billion yuan in revenue from non-vehicle sales last year, according to the companyâs annual report.</p>\n<p>âTo enter the car industry and survive isnât easy,ââ said Jochen Goller, BMWâs China CEO. âSome others have disappeared. I have met with William Li a couple of times and I have to say I am impressed by what he has achieved. Nio is also creating awareness for battery cars, and having the right brands in the segment is helping the market.ââ</p>\n<p>The Hefei deal also came around the same time as investors cottoned on to the EV revolution, putting a rocket under Nioâs shares. They surged more than 1,110% last year, besting even the rally that propelled Tesla into the S&P 500 Index. The stock has given up some of those gains since as enthusiasm has eased, but with a market value of $70 billion, Nio is still bigger than Ford Motor Co.</p>\n<p>Itâs a long way from Liâs relatively humble beginnings. Raised by his grandparents in a small village in the hills of Anhui, known for farming and â more recently â the automobile industry, Li calls himself one of Chinaâs âfirst generation of `left-behindâ childrenââ because both his parents moved to the neighboring province of Jiangsu to pursue better work. There was no electricity in the village until Li was in his teens.</p>\n<p>While majoring in sociology at Peking University, one of Chinaâs top colleges, Li started his first business â leasing internet servers and helping clients register domain names. The auto industry is where Li has enjoyed his greatest success, however, with the three listed companies he founded in the past 20 years all related to cars. His first, a vehicle-pricing portal called BitAuto Holdings Ltd. was acquired last year by Yiche Holding Ltd. for $2.8 billion, propelling Liâs personal fortune to $7 billion. That was followed by online auto-finance platform Yixin Group Ltd., which listed in Hong Kong in late 2017.</p>\n<p>Then came Nio. In an internal presentation in 2016, Li recalled looking out the window of his apartment at Beijingâs smoggy skies before the birth of his first son, and decided something needed to be done to tackle the countryâs chronic pollution. He started Nio in late 2014 with funding from a group of well-known investors, including Li Auto founder Li Xiang and Richard Liu, the founder of e-commerce portal JD.com. Xiaomiâs Lei Jun was also an early backer.</p>\n<p>When heâs not dining with super-fans, Liâs workday calendar is packed. On a recent Tuesday at the companyâs corporate headquarters â which remain in the slick financial capital of Shanghai â he spent the morning locked in executive committee meetings. In the afternoon, it was more back-to-back meetings with the companyâs battery partner, designers, and clients from Europe. In a first, Nio recently announced plans to start selling cars in EV hotbed Norway.</p>\n<p>But while the company is on much firmer ground than 18 months ago, questions remain.</p>\n<p>âAuto manufacturing has big economies of scale, and at less than 100,000 units a year, Nio hasnât yet reached the production volume to realize all of those efficiencies,â said Robert Cowell, an equity analyst at Shanghai-based 86Research.</p>\n<p>Cost issues linger, with the price of raw materials used in batteries, the most expensive part of an EV, including lithium-ion compound, soaring in recent months. Like most global automakers, Nio has also been hit by a worldwide shortage of the chips used increasingly in modern cars, leading to the suspension of production in Hefei for five days at the end of March. And despite the intensifying competition in an industry defined by technological advances and consumers drawn to the next shiny thing, Nio isnât planning on unveiling any new models until late this year or early 2022.</p>\n<p>Read more: Why Nio Should Resist the Siren Song of Norway</p>\n<p>While Tesla is the main competitor in view, itâs the rivals to come that Li sees as the biggest threat.</p>\n<p>âThe final game wonât start until tech giants are in,â he said. In March, Xiaomi unveiled plans to invest about $10 billion in manufacturing EVs, while Huawei has collaborated on at least two cars and is developing autonomous driving technologies. Lurking in the background is the biggest tech giant of all â Apple, which has long harbored ambitions to make its own, self-driving car.</p>\n<p>âI trust companies like Apple for their determination, software development, intelligence capability, and user connection,ââ Li said. âItâs going to be different competition from traditional car companies.â</p>\n<p>But like Musk and other EV evangelists, Li is looking to the long game. âIâm very optimistic,â he said. âBy 2030, 90% of the newly launched cars will be electric, or even 95%.â</p>\n<p>For the Nio fans gathered in Shanghai that Sunday evening, that future is already here.</p>\n<p>With the event drawing to a close, owners pose for a large group photo with Li at its center, everyone flashing thumbs up. As the lights dim, Li slips out of the hall and into the night, where his driver â in a white Nio ES8 â waits to take him home.</p>","source":"yahoofinance","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 Faces Battle Royale After Return From Brink of Ruin</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 Faces Battle Royale After Return From Brink of Ruin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 09:35 GMT+8 <a href=https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"çæłæ±œèœŠ","NIO":"èæ„","TSLA":"çčæŻæ"},"source_url":"https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142220719","content_text":"(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.\nLi manages to spoon a small amount of fried rice and vegetables onto his plate, but heâs not here for the food. Over the next three hours, Li poses for hundreds more photos, chatting with customers of the automaker he started just over six years ago and has built into a way of life â at least for the people who buy his cars â with clubhouses, a round-the-clock battery recharging service and even clothing, food and exercise equipment, all decked out in Nioâs geometric logo. As Li works the room, a video backdrop shows six performers, each wearing a different-colored Nio hoodie, singing a self-composed song dedicated to the company. âMeeting with Nio, we want to be better selves,ââ the not-so-catchy ditty goes.\nWhile other billionaire executives may cringe at spending their down time glad-handing customers, for Li this is core. Nioâs business model relies on creating a sense of allegiance among buyers, who then persuade friends and family to spread the word about its cars. Dubbed âRippling Mode,ââ the strategy invokes the ever-widening circles caused by throwing a single stone into a pond, Li says. The scene in Shanghai was just what he was aiming for: a passionate customer base with the loyalty of Apple Inc. fans â and a dash of Elon Musk cult-of-personality thrown in.\nItâs an approach thatâs turned Nio into Muskâs most visible nemesis in a country that seems to be minting Tesla adversaries every other day. While other electric vehicle companies may pump out more cars aimed at the mass market, Nio is targeting the premium buyers that Musk â who established his first Gigafactory outside the U.S. on the outskirts of Shanghai in 2019 â needs to realize his ambitions for global growth and long-term profitability. China is ground-zero in the transition away from gas-guzzlers to alternative-energy cars, with the government intent on dominating a new automotive era that has triggered an onslaught of investment over the past six months and that even the U.S. is now embracing.\nThe biggest car market on the planet, China is already the worldâs largest for EVs. Sales will reach 2 million this year and surge to 6.2 million vehicles by 2025, when they will account for a quarter of all passenger car sales in the country, according to BloombergNEF.\nUrbane, early adopters in Chinaâs biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. Nioâs premium ES6 SUV competes head-to-head with the sporty Model Y that Tesla started making in China last year. Itâs a tussle thatâs front and center for Li, who in an interview with Bloomberg talked about how the eldest of his two sons, a first grader, wants to follow in his footsteps.\nâOne day he told me that he would study hard and work hard, helping dad beat Tesla when he grows up,â said Li. âItâs going to be too late, I said.â\nThese days, that prospect is looking less like wishful thinking.\nNio delivered more than 20,000 vehicles, all of them SUVs, in the first quarter at an average price of $68,000, while Tesla shipped around 17,000 of its Model Y sports utility vehicle in China, which starts at around $53,000. Nio's share of the overall China market for higher end cars is second only to Tesla, according to Kang Jun, an analyst at consultancy LMC Automotive, and it's set a âbenchmarkâ for the wider EV space, âparticularly in product and service innovation.â\nTesla has also faced a raft of setbacks of late in China, which accounted for more than 20% of all revenue last year. Increased scrutiny from local regulators has been accompanied by a rising backlash against Tesla and its cars, culminating in one owner climbing on top of a Model 3 at the recent Shanghai Auto Show, claiming the company failed to address issues with her vehicleâs brakes. The protest, which went viral in China, unleashed a wave of complaints about Teslaâs customer service, the very thing Li â who regularly replies to queries from Nio owners on the companyâs app and has taken weekend trips across China to meet customers â has used to differentiate Nio in the cut-throat EV landscape.\nBut Tesla isnât the only foe Li has to worry about. A Battle Royale is brewing in Chinaâs new energy car market â where retail sales of battery-powered passenger vehicles jumped 10% to 1.11 million last year, despite the hit from the pandemic â one that will challenge both Nio and Tesla, and set the stage for global control over the future of cars.\nAfter years watching from the sidelines, the big auto-making giants are doubling down on EVs, with Volkswagen AG launching an eight-car range from its platform designed for battery electric cars in China, Toyota Motor Corp. unveiling a new EV platform, and premium carmakers like BMW AG aiming for one-quarter of all Chinese sales to be electric. At the same time, Big Tech is eyeing the sector, lured by the technological possibilities. Chinese search-engine titan Baidu Inc. to smartphone maker Xiaomi Corp. and networks giant Huawei Technologies Co. have pledged almost $19 billion into the EV and autonomous driving space since the start of the year alone.\nSmaller companies like Nio â which is listed with compatriots Xpeng Inc. and Li Auto Inc. in New York, putting them on the radar of U.S. investors â will face greater pressure as multinationals enter the fray, said Zhang Xiang, an auto-industry researcher at North China University of Technology in Beijing.\nâItâs by no means a time they can rest easy.â\nNio has already had one near-death experience.\nCarmaking is typically a capital-intensive business, but with Nio, Li has sought to create a brand beyond the vehicles, an approach he describes as âthe pursuit of being a user-enterprise.ââ The most visible manifestation of that was the Nio House, an elite drop-in center for the companyâs customers â even offering art and music classes for their kids â and located on prime real estate in some of Chinaâs biggest cities. It was coupled with extravagant marketing events. The carmaker holds annual Nio Days, and at the first in 2017 paid for flights and luxury hotels for everyone who ordered a vehicle a year before production started. R&B star Bruno Mars headlined the 2018 event. When its public charging facilities are overwhelmed, Nio has a fleet of cars that can take portable battery chargers to users wherever theyâre parked.\nSuch largesse, along with a major recall after some cars caught fire just as China shifted subsidies from EV purchases to support the charging network, saw Nio rack up $5 billion of losses in its first four years of existence (Tesla took about 15 years to reach that particular milestone). By the second quarter of 2019, the company was losing around $5 million a day.\nâIt was our darkest time,ââ Li said. A team met nightly to comb through expenses, from salaries to the cost of Nio Houses. âIt was easy to calculate how much we could earn from selling cars, but we had to mind for everything to sustain a normal operation,ââ he said. âEvery dollar counted.â\nBy October 2019, it looked like the gig was up. After posting a worse-than-expected quarterly loss, Nioâs shares plunged to a record low of $1.32. At its nadir, the carmaker had lost more than 70% of its market capitalization â about $5 billion in value â from its New York initial public offering a year earlier.\nEven a $200 million cash injection from a sale of convertible notes to Li and an affiliate of Chinese tech giant Tencent Holdings Ltd. â an early investor in both Nio and Tesla â wasnât enough to shore up the companyâs seemingly insatiable need for cash.\nThe setbacks kept coming. Nio couldnât afford the final payment on an imported stamping presser, a large machine used to shape a carâs panels. Worse, it had to sell the presser at a discount to Tesla, which promptly installed it in its new Shanghai plant, built with loans and support facilitated by the government. Soon after, a deal for as much as 10 billion yuan ($1.6 billion) in funding from a Beijing local government-backed firm fell apart. Analysts started to openly speculate that Nio may be delisted or taken over. The situation got so dire that in late 2019, He Xiaopeng, the engineer founder of Guangzhou-based Xpeng, itself in a tenuous position with just 3 billion yuan in cash, proposed a merger of the two struggling electric carmakers, according to an interview He gave to Chinese state media. Li rejected the offer.\nâNio was already in the intensive care unit, while Xpeng was waiting outside,ââ Li recalled. âA merger would bury both of us.â\n(Xpeng went on to be the third Chinese EV startup to list in the U.S., raising $1.5 billion in August 2020. The surge of investment in the space has seen its shares more than double, even accounting for a recent dip, and the company is now setting up a third Chinese production base to meet demand.)\nThen came the lifeline that showed the lengths China will go to maintain its ambition of creating a world-leading EV industry.\nIn early 2020, the municipal government in Hefei â the capital of Liâs home province of Anhui, about 600 miles southeast of Beijing â came knocking. Despite the onset of the coronavirus pandemic, which initially paralyzed car sales, a deal was struck in which the Hefei government would lead an injection of 10 billion yuan into Nio, more than the companyâs entire revenue for 2019.\nComing just months after Nio said it wouldnât have enough money to continue operating for another year unless it got more funds, the agreement essentially provided the company with a state-backed security blanket. That can be a key advantage in China, where the government is the biggest player in almost every industry and has a hand in everything from manufacturing permits to access to capital. It could also provide a decisive edge over Tesla, which seems to have lost the favor it enjoyed early on with Beijing, as tensions with Washington continue to simmer under President Joe Bidenâs administration.\nFor Nio, the quid-pro-quo was supporting local industry. The company abandoned plans to build a factory in Shanghai in early 2019, and instead â unlike Tesla and most traditional automakers â it pays a government-owned manufacturer in Hefei called Jianghuai Automobile Group Co., or JAC, to make its cars. The deal was extended last month for another three years, with JAC agreeing to double monthly capacity to 20,000 vehicles.\nâWhen William Li brought his proposal to us, most people thought it was fantasy that a Chinese carmaker planned to build first-rate intelligent electric vehicles,ââ former JAC Chairman An Jin said.  âI might be the person with the best knowledge of how Nio came along, with all the challenges and difficulties. In its hardest time, William even devoted his own money to solve the problem. Thatâs how he fought for his dreams.ââ\nAt an April 7 ceremony to mark the production of Nioâs 100,000th vehicle, Li said he would work with the Hefei government to establish an intelligent-vehicle production base, including an R&D facility. Construction started later that month, and the industrial park is expected to eventually house manufacturing workshops, along with other players in the EV supply chain.\nThe Hefei pact, described as a government bailout by Sanford C. Bernsteinâs senior analyst Robin Zhu, âput speculation around Nioâs funding issues to bed, at least in the foreseeable future,â he said.\nLi, though, also credits his loyal customer base. âWe sold over 8,000 cars in the fourth quarter of 2019, which was pivotal to our survival,ââ he said. âThatâs why I always say that our customers saved us. Even if we sold 500 or 1,000 fewer vehicles, that could have triggered a total collapse.ââ\nStill, the experience was chastening. Nio cut about a quarter of its workforce, slowed its efforts on autonomous driving, delayed wage payments for managers and spun off some non-core businesses. While the rollout of the costly Nio Houses was suspended for more than a year, the strategy of putting Nio ownership at the center of an ownersâ lifestyle and creating an aura of exclusivity, wasnât forsaken with more modest Nio Spaces rolled out. Usually around 100-200 square meters (1,100-2,150 square feet), Nio Spaces are located in cheaper locales and also sometimes in smaller cities. They cost about 1 million yuan to set up, much less expensive than the more salubrious Nio Houses.\nIt seems to have worked â for now. Nio is still yet to turn a profit but its sales have risen steadily since â topping $1 billion for the first time in the three months to Dec. 31, 2020. The company narrowed its net loss in the first quarter of 2021 to 451 million yuan, down from 1.69 billion yuan a year earlier and 1.39 billion yuan in the fourth quarter of 2020. Even the businesses that underpin Nioâs lifestyle brand are making money, contributing to 1.1 billion yuan in revenue from non-vehicle sales last year, according to the companyâs annual report.\nâTo enter the car industry and survive isnât easy,ââ said Jochen Goller, BMWâs China CEO. âSome others have disappeared. I have met with William Li a couple of times and I have to say I am impressed by what he has achieved. Nio is also creating awareness for battery cars, and having the right brands in the segment is helping the market.ââ\nThe Hefei deal also came around the same time as investors cottoned on to the EV revolution, putting a rocket under Nioâs shares. They surged more than 1,110% last year, besting even the rally that propelled Tesla into the S&P 500 Index. The stock has given up some of those gains since as enthusiasm has eased, but with a market value of $70 billion, Nio is still bigger than Ford Motor Co.\nItâs a long way from Liâs relatively humble beginnings. Raised by his grandparents in a small village in the hills of Anhui, known for farming and â more recently â the automobile industry, Li calls himself one of Chinaâs âfirst generation of `left-behindâ childrenââ because both his parents moved to the neighboring province of Jiangsu to pursue better work. There was no electricity in the village until Li was in his teens.\nWhile majoring in sociology at Peking University, one of Chinaâs top colleges, Li started his first business â leasing internet servers and helping clients register domain names. The auto industry is where Li has enjoyed his greatest success, however, with the three listed companies he founded in the past 20 years all related to cars. His first, a vehicle-pricing portal called BitAuto Holdings Ltd. was acquired last year by Yiche Holding Ltd. for $2.8 billion, propelling Liâs personal fortune to $7 billion. That was followed by online auto-finance platform Yixin Group Ltd., which listed in Hong Kong in late 2017.\nThen came Nio. In an internal presentation in 2016, Li recalled looking out the window of his apartment at Beijingâs smoggy skies before the birth of his first son, and decided something needed to be done to tackle the countryâs chronic pollution. He started Nio in late 2014 with funding from a group of well-known investors, including Li Auto founder Li Xiang and Richard Liu, the founder of e-commerce portal JD.com. Xiaomiâs Lei Jun was also an early backer.\nWhen heâs not dining with super-fans, Liâs workday calendar is packed. On a recent Tuesday at the companyâs corporate headquarters â which remain in the slick financial capital of Shanghai â he spent the morning locked in executive committee meetings. In the afternoon, it was more back-to-back meetings with the companyâs battery partner, designers, and clients from Europe. In a first, Nio recently announced plans to start selling cars in EV hotbed Norway.\nBut while the company is on much firmer ground than 18 months ago, questions remain.\nâAuto manufacturing has big economies of scale, and at less than 100,000 units a year, Nio hasnât yet reached the production volume to realize all of those efficiencies,â said Robert Cowell, an equity analyst at Shanghai-based 86Research.\nCost issues linger, with the price of raw materials used in batteries, the most expensive part of an EV, including lithium-ion compound, soaring in recent months. Like most global automakers, Nio has also been hit by a worldwide shortage of the chips used increasingly in modern cars, leading to the suspension of production in Hefei for five days at the end of March. And despite the intensifying competition in an industry defined by technological advances and consumers drawn to the next shiny thing, Nio isnât planning on unveiling any new models until late this year or early 2022.\nRead more: Why Nio Should Resist the Siren Song of Norway\nWhile Tesla is the main competitor in view, itâs the rivals to come that Li sees as the biggest threat.\nâThe final game wonât start until tech giants are in,â he said. In March, Xiaomi unveiled plans to invest about $10 billion in manufacturing EVs, while Huawei has collaborated on at least two cars and is developing autonomous driving technologies. Lurking in the background is the biggest tech giant of all â Apple, which has long harbored ambitions to make its own, self-driving car.\nâI trust companies like Apple for their determination, software development, intelligence capability, and user connection,ââ Li said. âItâs going to be different competition from traditional car companies.â\nBut like Musk and other EV evangelists, Li is looking to the long game. âIâm very optimistic,â he said. âBy 2030, 90% of the newly launched cars will be electric, or even 95%.â\nFor the Nio fans gathered in Shanghai that Sunday evening, that future is already here.\nWith the event drawing to a close, owners pose for a large group photo with Li at its center, everyone flashing thumbs up. As the lights dim, Li slips out of the hall and into the night, where his driver â in a white Nio ES8 â waits to take him home.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115066545,"gmtCreate":1622941910787,"gmtModify":1704193429949,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"Currently undervalued stock in terms of the potential earning in the next two years. Start accumulating on dip. ","listText":"Currently undervalued stock in terms of the potential earning in the next two years. Start accumulating on dip. ","text":"Currently undervalued stock in terms of the potential earning in the next two years. Start accumulating on dip.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115066545","repostId":"2140978814","repostType":2,"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195183728,"gmtCreate":1621262406864,"gmtModify":1704354860098,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"EV with the most innovative business model","listText":"EV with the most innovative business model","text":"EV with the most innovative business model","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195183728","repostId":"1113685068","repostType":4,"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193901379,"gmtCreate":1620742867391,"gmtModify":1704347740717,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"I hope Tiger can continue to explore untapped markets in SE Asia - Indonesia, Vietnam and Thailand. Way to go! ","listText":"I hope Tiger can continue to explore untapped markets in SE Asia - Indonesia, Vietnam and Thailand. Way to go! ","text":"I hope Tiger can continue to explore untapped markets in SE Asia - Indonesia, Vietnam and Thailand. Way to go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193901379","repostId":"1129735896","repostType":2,"isVote":1,"tweetType":1,"viewCount":401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374613440,"gmtCreate":1619444008980,"gmtModify":1704723952238,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"Good news! It is good for the two countries in terms of relationship as well.","listText":"Good news! It is good for the two countries in terms of relationship as well.","text":"Good news! It is good for the two countries in terms of relationship as well.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374613440","repostId":"1186896771","repostType":4,"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":286950517010672,"gmtCreate":1711078722071,"gmtModify":1711078725559,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/399001\">$SZSE Comp(399001)$</a> ","listText":"<a href=\"https://ttm.financial/S/399001\">$SZSE Comp(399001)$</a> ","text":"$SZSE Comp(399001)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286950517010672","isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904044633,"gmtCreate":1659966905325,"gmtModify":1703476452362,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"đ„","listText":"đ„","text":"đ„","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904044633","repostId":"1117383979","repostType":2,"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812715826,"gmtCreate":1630624815665,"gmtModify":1676530357169,"author":{"id":"3557993306077325","authorId":"3557993306077325","name":"KongBeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557993306077325","authorIdStr":"3557993306077325"},"themes":[],"htmlText":"It is inevitable that most countries will go for the booster shots. Consider buying BioNTech and Moderna whenever there is a dip. ","listText":"It is inevitable that most countries will go for the booster shots. Consider buying BioNTech and Moderna whenever there is a dip. ","text":"It is inevitable that most countries will go for the booster shots. Consider buying BioNTech and Moderna whenever there is a dip.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812715826","repostId":"2164826521","repostType":2,"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}