Everythingibuygoesupppwinbigbig personal page - To The Moon

Everythingibuygoesupppwinbigbig

Everythingibuygoesupppwinbigbig

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Everythingibuygoesupppwinbigbig

2022-06-24

Nice

Why Alibaba, Nio, Chinese Peers Are Trading Higher in Hong Kong Today

Everythingibuygoesupppwinbigbig

2022-06-24

Good

Sorry, the original content has been removed

Everythingibuygoesupppwinbigbig

2022-06-24

🙏🏻

Alibaba: Got Rejected By The Sellers Convincingly Again

Everythingibuygoesupppwinbigbig

2022-06-23

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$😔

Everythingibuygoesupppwinbigbig

2022-06-22

Please 🙏🏻

Alibaba: Is the Worst Over?

Everythingibuygoesupppwinbigbig

2022-06-22

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$😔

Everythingibuygoesupppwinbigbig

2022-06-22

🙏🏻

Sorry, the original content has been removed

Everythingibuygoesupppwinbigbig

2022-06-17

🙏🏻🙏🏻🙏🏻

China's Central Bank Accepts Ant's Application for Financial Holding Company- Sources

Everythingibuygoesupppwinbigbig

2022-06-15

$XIAOMI-W(01810)$break even soonnnn , Jiayou

Everythingibuygoesupppwinbigbig

2022-06-15

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$should I average down ?

Everythingibuygoesupppwinbigbig

2021-07-26

Support support

Everythingibuygoesupppwinbigbig

2021-07-26

$Lion-OCBC Sec HSTECH S$(HST.SI)$down almost 1k, please help me God ?

Everythingibuygoesupppwinbigbig

2021-07-06

Nice recovery

Everythingibuygoesupppwinbigbig

2021-07-06

??

AngloGold Names CEO as No. 3 Gold Miner Eyes Colombia Growth

Everythingibuygoesupppwinbigbig

2021-07-06

?

Sorry, the original content has been removed

Everythingibuygoesupppwinbigbig

2021-07-02

$Lion-OCBC Sec HSTECH S$(HST.SI)$been averaging down . Sigh when it Wii ?up ?

Everythingibuygoesupppwinbigbig

2021-06-28

Average down and keep ????

Everythingibuygoesupppwinbigbig

2021-06-28

$Altimeter Growth Corp. 2(AGCB)$buy before it ?

Everythingibuygoesupppwinbigbig

2021-06-28

?wow

Sorry, the original content has been removed

Everythingibuygoesupppwinbigbig

2021-06-27

Wow

Tesla recalls some imported and domestic Model 3 and Model Y in China

Go to Tiger App to see more news

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href=\"https://laohu8.com/S/09888\">Baidu Inc</a>, and <a href=\"https://laohu8.com/S/09618\">JD.com IncJ</a> gaining at least a percent.</p><p><img src=\"https://static.tigerbbs.com/5450c38180a6ec09ab3fcc2b3f19f65f\" tg-width=\"974\" tg-height=\"667\" width=\"100%\" height=\"auto\"/></p><p>In the electric vehicle segment, <a href=\"https://laohu8.com/S/09868\">Xpeng Inc</a> led the rally with 9.29% gains, while <a href=\"https://laohu8.com/S/02015\">Li Auto Inc</a> and <a href=\"https://laohu8.com/S/09866\">Nio Inc</a> also traded in the green.</p><p><img src=\"https://static.tigerbbs.com/491fb3794a2e29482dda514d06321f82\" tg-width=\"966\" tg-height=\"667\" width=\"100%\" height=\"auto\"/>Shares of these Chinese companies ended on a similar note in the U.S. markets overnight.</p><p>Global Markets Recap: At press time, the benchmark Hang Seng Index was trading 1.71% higher, deriving cues from global markets.</p><p>In the U.S., the Dow Jones index closed 0.64% higher after another bumpy session.</p><p>Elsewhere, Shanghai&#39;s SSE Composite Index gained 0.52%, Singapore&#39;s SGX Nifty was up 0.64%, while Japan&#39;s Nikkei 225 inched 0.73% higher.</p><p><b>Macro Factors:</b> U.S. Federal Reserve Chairman Jerome Powell warned that rapidly rising interest rates threatened a recession. Powell also told Congress that policymakers would move aggressively to fight inflation but said the U.S. economy is &#34;well-positioned&#34; to handle rate hikes.</p><p>China&#39;s state television CCTV, citing a State Council meeting chaired by Premier Li Keqiang, reported that the government is considering extending exemptions by about 200 billion yuan ($30 billion).</p><p>The report added that policies such as waiving taxes would bolster demand for new energy vehicles and stimulate the used-car market.</p><p><b>Company In News:</b> <b>JPMorgan</b> is doubling down on Alibaba, JD, and other Chinese techstocks amid easing regulatory crackdown, valuation, and supportive macroeconomic policy measures that pose positive catalysts for these stocks.</p><p>German automaker <b>BMW</b> has started productionat a new $2.24 billion electric vehicle plant in Shenyang, China, as it looks to take on <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a>, Nio, and other fast-growing local EV rivals.</p><p>Two and a half years after its first vehicle delivery, XPeng has reached the milestone of200,000 vehicle deliveries.</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>Why Alibaba, Nio, Chinese Peers Are Trading Higher in Hong Kong Today</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; 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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\">\nWhy Alibaba, Nio, Chinese Peers Are Trading Higher in Hong Kong Today\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\">2022-06-24 13:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of major U.S.-listed Chinese companies inched higher in Hong Kong on Friday, with <a href=\"https://laohu8.com/S/BABA\">Alibaba Group Holdings</a> stock surging 5.74%, other tech giants like <a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>, <a href=\"https://laohu8.com/S/09888\">Baidu Inc</a>, and <a href=\"https://laohu8.com/S/09618\">JD.com IncJ</a> gaining at least a percent.</p><p><img src=\"https://static.tigerbbs.com/5450c38180a6ec09ab3fcc2b3f19f65f\" tg-width=\"974\" tg-height=\"667\" width=\"100%\" height=\"auto\"/></p><p>In the electric vehicle segment, <a href=\"https://laohu8.com/S/09868\">Xpeng Inc</a> led the rally with 9.29% gains, while <a href=\"https://laohu8.com/S/02015\">Li Auto Inc</a> and <a href=\"https://laohu8.com/S/09866\">Nio Inc</a> also traded in the green.</p><p><img src=\"https://static.tigerbbs.com/491fb3794a2e29482dda514d06321f82\" tg-width=\"966\" tg-height=\"667\" width=\"100%\" height=\"auto\"/>Shares of these Chinese companies ended on a similar note in the U.S. markets overnight.</p><p>Global Markets Recap: At press time, the benchmark Hang Seng Index was trading 1.71% higher, deriving cues from global markets.</p><p>In the U.S., the Dow Jones index closed 0.64% higher after another bumpy session.</p><p>Elsewhere, Shanghai&#39;s SSE Composite Index gained 0.52%, Singapore&#39;s SGX Nifty was up 0.64%, while Japan&#39;s Nikkei 225 inched 0.73% higher.</p><p><b>Macro Factors:</b> U.S. Federal Reserve Chairman Jerome Powell warned that rapidly rising interest rates threatened a recession. Powell also told Congress that policymakers would move aggressively to fight inflation but said the U.S. economy is &#34;well-positioned&#34; to handle rate hikes.</p><p>China&#39;s state television CCTV, citing a State Council meeting chaired by Premier Li Keqiang, reported that the government is considering extending exemptions by about 200 billion yuan ($30 billion).</p><p>The report added that policies such as waiving taxes would bolster demand for new energy vehicles and stimulate the used-car market.</p><p><b>Company In News:</b> <b>JPMorgan</b> is doubling down on Alibaba, JD, and other Chinese techstocks amid easing regulatory crackdown, valuation, and supportive macroeconomic policy measures that pose positive catalysts for these stocks.</p><p>German automaker <b>BMW</b> has started productionat a new $2.24 billion electric vehicle plant in Shenyang, China, as it looks to take on <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a>, Nio, and other fast-growing local EV rivals.</p><p>Two and a half years after its first vehicle delivery, XPeng has reached the milestone of200,000 vehicle deliveries.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","09868":"小鹏汽车-W","02015":"理想汽车-W","09988":"阿里巴巴-W","09888":"百度集团-SW","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133394604","content_text":"Shares of major U.S.-listed Chinese companies inched higher in Hong Kong on Friday, with Alibaba Group Holdings stock surging 5.74%, other tech giants like Tencent Holdings, Baidu Inc, and JD.com IncJ gaining at least a percent.In the electric vehicle segment, Xpeng Inc led the rally with 9.29% gains, while Li Auto Inc and Nio Inc also traded in the green.Shares of these Chinese companies ended on a similar note in the U.S. markets overnight.Global Markets Recap: At press time, the benchmark Hang Seng Index was trading 1.71% higher, deriving cues from global markets.In the U.S., the Dow Jones index closed 0.64% higher after another bumpy session.Elsewhere, Shanghai's SSE Composite Index gained 0.52%, Singapore's SGX Nifty was up 0.64%, while Japan's Nikkei 225 inched 0.73% higher.Macro Factors: U.S. Federal Reserve Chairman Jerome Powell warned that rapidly rising interest rates threatened a recession. Powell also told Congress that policymakers would move aggressively to fight inflation but said the U.S. economy is \"well-positioned\" to handle rate hikes.China's state television CCTV, citing a State Council meeting chaired by Premier Li Keqiang, reported that the government is considering extending exemptions by about 200 billion yuan ($30 billion).The report added that policies such as waiving taxes would bolster demand for new energy vehicles and stimulate the used-car market.Company In News: JPMorgan is doubling down on Alibaba, JD, and other Chinese techstocks amid easing regulatory crackdown, valuation, and supportive macroeconomic policy measures that pose positive catalysts for these stocks.German automaker BMW has started productionat a new $2.24 billion electric vehicle plant in Shenyang, China, as it looks to take on Tesla Inc, Nio, and other fast-growing local EV rivals.Two and a half years after its first vehicle delivery, XPeng has reached the milestone of200,000 vehicle deliveries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041827439,"gmtCreate":1656034739921,"gmtModify":1676535755442,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041827439","repostId":"1103591580","repostType":4,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041827011,"gmtCreate":1656034685733,"gmtModify":1676535755425,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"🙏🏻","listText":"🙏🏻","text":"🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041827011","repostId":"1197783577","repostType":2,"repost":{"id":"1197783577","pubTimestamp":1655866485,"share":"https://ttm.financial/m/news/1197783577?lang=&edition=fundamental","pubTime":"2022-06-22 10:54","market":"us","language":"en","title":"Alibaba: Got Rejected By The Sellers Convincingly Again","url":"https://stock-news.laohu8.com/highlight/detail?id=1197783577","media":"Seeking Alpha","summary":"SummaryThis is a dedicated price action analysis of Alibaba stock. We observed another bull trap for","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>This is a dedicated price action analysis of Alibaba stock. We observed another bull trap formed in June, as the market rejected buying momentum at its near-term resistance again.</li><li>BABA hit our near-term price target of $120, allowing us to take profit and cut 50% of our exposure. Notably, the bull trap price action is not constructive.</li><li>Our reverse cash flow valuation model indicates that the market is asking for a higher yield and hurdle rate to hold BABA stock. Therefore, BABA could underperform.</li><li>Therefore, we revise our rating from Strong Buy to Hold. We urge investors to be patient and await a potential re-test of its May lows.</li></ul><p><b>Price Action Thesis</b></p><p>We follow up our post-FQ4 earnings update with a detailed price action analysis on Alibaba (NYSE:BABA) stock. As expected, BABA hit our near-term price target (PT) of $120 in early June but formed a bull trap. Therefore, we revisited our price action thesis and update readers on some significant developments.</p><p>Accordingly, it&#39;s increasingly clear that BABA stock has faced stiff selling pressure at the $120 level. Notwithstanding, its March capitulation levels have held firmly, which bodes well for longer-term recovery in momentum.</p><p>However, we must emphasize that we have not observed a significant bear trap price action that could indicate a sustained reversal in its bearish bias. Therefore, the market has been very astute in using positive news in Alibaba over the past three months, drawing in dip buyers rapidly toward the $120 resistance before creating those bull traps.</p><p>Our price action analysis indicates a possible re-test of May lows before the next leg higher. But, we don&#39;t expect a breakdown of March lows for now.</p><p>We also revisited our valuation analysis and tried to model the market&#39;s perception of BABA valuation. Our reverse cash flow model indicates that the market could be asking for a higher hurdle rate and a higher free cash flow (FCF) yield, given its risks. Therefore, BABA stock could continue to underperform, as seen by the bull traps at its near-term resistance.</p><p>Therefore, we revise our rating from Strong Buy to Hold as we await a re-test of its May lows. We will reassess our rating if we observe a double bottom bear trap or constructive price action signals close to its near-term support.</p><p>Another Bull Trap impeded BABA&#39;s Recovery in June<img src=\"https://static.tigerbbs.com/8a38f8b8d3f2d39c945f5d135adf0db9\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BABA price chart (weekly) (TradingView)</p><p>On our weekly chart, we can corral the two significant bull traps that formed at the $120 near-term resistance level in March and June. Therefore, we hope investors have used our previous short-term PT to take profit and loosen their exposure. We have also cut 50% of our exposure at our near-term PT (using automated sell-limit orders).</p><p>However, we didn&#39;t expect a bull trap to form again so soon at its near-term resistance. As a result, we believe that BABA could continue trading at a range below the $120 level. Therefore, we think it&#39;s apt to rescind our medium-term PT of $160 given the price action developments.</p><p>Given the bull trap, we expect the price to retrace further to re-test its May lows. However, it&#39;s still too early to observe whether the May lows could hold. Notably, we expect to see a bear trap price action trigger at its May lows to inform us of a potential reversal in its bearish bias. Therefore, we urge investors to pay attention to the upcoming re-test.</p><p><b>BABA Stock Valuation Could Face Challenges</b></p><p><img src=\"https://static.tigerbbs.com/9dc8496ab64ce4d862de8c469b0d0c4c\" tg-width=\"527\" tg-height=\"318\" width=\"100%\" height=\"auto\"/><i>BABA stock reverse cash flow valuation model. Data source: S&amp;P Cap IQ, author</i></p><p>The market&#39;s bull trap in June highlighted its lack of confidence in BABA stock. Therefore, we revisited our models and checked on the updated consensus estimates.</p><p>We noticed that its FCF estimates had been marked down significantly as the Street factored in macro headwinds and weaker consumer spending. Consequently, it affects Alibaba&#39;s FCF profitability and our previous valuation analysis.</p><p>Therefore, we updated our model with a reverse cash flow valuation analysis. We used a hurdle rate slightly above the Invesco QQQ ETF&#39;s (QQQ) 5Y CAGR of 14.7%. We believe it&#39;s the minimum we require to take risks investing in Alibaba. We also used a slightly higher than average FCF yield of 4.75% (but below its current NTM FCF yield of 6.02%).</p><p>Finally, using a blended FCF margin of 12.1%, we require Alibaba to post a TTM revenue of CNY1,474.91B by CQ2&#39;26. The revised consensus estimates indicate that Alibaba could deliver revenue of CNY1,167B in FY25 (ending March 2025).</p><p>Accordingly, it requires Alibaba to post a revenue CAGR of 20.6% from FY25-CQ2&#39;26, an unlikely scenario. Therefore, we think it could explain why the market remains tentative in re-rating BABA stock above its near-term resistance.</p><p><b>Is BABA Stock A Buy, Sell, Or Hold?</b></p><p><i>We revise our rating on BABA stock from Strong Buy to Hold for now</i>. We have already taken profit and cut 50% of our exposure at our near-term PT of $120. Given its series of bull traps at its near-term resistance, we rescind our medium-term PT of $160.</p><p>Our valuation analysis also indicates that the market doesn&#39;t expect to re-rate BABA higher anytime soon. Therefore, investors should avoid adding anywhere near its near-term resistance.</p><p>Notwithstanding, we urge investors to be patient and let the bull trap price action play out before adding exposure. We are awaiting a re-test of its May lows but will continue to monitor its price action closely.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Got Rejected By The Sellers Convincingly Again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Got Rejected By The Sellers Convincingly Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4519583-alibaba-baba-stock-got-rejected-by-sellers?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThis is a dedicated price action analysis of Alibaba stock. We observed another bull trap formed in June, as the market rejected buying momentum at its near-term resistance again.BABA hit our ...</p>\n\n<a href=\"https://seekingalpha.com/article/4519583-alibaba-baba-stock-got-rejected-by-sellers?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4519583-alibaba-baba-stock-got-rejected-by-sellers?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197783577","content_text":"SummaryThis is a dedicated price action analysis of Alibaba stock. We observed another bull trap formed in June, as the market rejected buying momentum at its near-term resistance again.BABA hit our near-term price target of $120, allowing us to take profit and cut 50% of our exposure. Notably, the bull trap price action is not constructive.Our reverse cash flow valuation model indicates that the market is asking for a higher yield and hurdle rate to hold BABA stock. Therefore, BABA could underperform.Therefore, we revise our rating from Strong Buy to Hold. We urge investors to be patient and await a potential re-test of its May lows.Price Action ThesisWe follow up our post-FQ4 earnings update with a detailed price action analysis on Alibaba (NYSE:BABA) stock. As expected, BABA hit our near-term price target (PT) of $120 in early June but formed a bull trap. Therefore, we revisited our price action thesis and update readers on some significant developments.Accordingly, it's increasingly clear that BABA stock has faced stiff selling pressure at the $120 level. Notwithstanding, its March capitulation levels have held firmly, which bodes well for longer-term recovery in momentum.However, we must emphasize that we have not observed a significant bear trap price action that could indicate a sustained reversal in its bearish bias. Therefore, the market has been very astute in using positive news in Alibaba over the past three months, drawing in dip buyers rapidly toward the $120 resistance before creating those bull traps.Our price action analysis indicates a possible re-test of May lows before the next leg higher. But, we don't expect a breakdown of March lows for now.We also revisited our valuation analysis and tried to model the market's perception of BABA valuation. Our reverse cash flow model indicates that the market could be asking for a higher hurdle rate and a higher free cash flow (FCF) yield, given its risks. Therefore, BABA stock could continue to underperform, as seen by the bull traps at its near-term resistance.Therefore, we revise our rating from Strong Buy to Hold as we await a re-test of its May lows. We will reassess our rating if we observe a double bottom bear trap or constructive price action signals close to its near-term support.Another Bull Trap impeded BABA's Recovery in JuneBABA price chart (weekly) (TradingView)On our weekly chart, we can corral the two significant bull traps that formed at the $120 near-term resistance level in March and June. Therefore, we hope investors have used our previous short-term PT to take profit and loosen their exposure. We have also cut 50% of our exposure at our near-term PT (using automated sell-limit orders).However, we didn't expect a bull trap to form again so soon at its near-term resistance. As a result, we believe that BABA could continue trading at a range below the $120 level. Therefore, we think it's apt to rescind our medium-term PT of $160 given the price action developments.Given the bull trap, we expect the price to retrace further to re-test its May lows. However, it's still too early to observe whether the May lows could hold. Notably, we expect to see a bear trap price action trigger at its May lows to inform us of a potential reversal in its bearish bias. Therefore, we urge investors to pay attention to the upcoming re-test.BABA Stock Valuation Could Face ChallengesBABA stock reverse cash flow valuation model. Data source: S&P Cap IQ, authorThe market's bull trap in June highlighted its lack of confidence in BABA stock. Therefore, we revisited our models and checked on the updated consensus estimates.We noticed that its FCF estimates had been marked down significantly as the Street factored in macro headwinds and weaker consumer spending. Consequently, it affects Alibaba's FCF profitability and our previous valuation analysis.Therefore, we updated our model with a reverse cash flow valuation analysis. We used a hurdle rate slightly above the Invesco QQQ ETF's (QQQ) 5Y CAGR of 14.7%. We believe it's the minimum we require to take risks investing in Alibaba. We also used a slightly higher than average FCF yield of 4.75% (but below its current NTM FCF yield of 6.02%).Finally, using a blended FCF margin of 12.1%, we require Alibaba to post a TTM revenue of CNY1,474.91B by CQ2'26. The revised consensus estimates indicate that Alibaba could deliver revenue of CNY1,167B in FY25 (ending March 2025).Accordingly, it requires Alibaba to post a revenue CAGR of 20.6% from FY25-CQ2'26, an unlikely scenario. Therefore, we think it could explain why the market remains tentative in re-rating BABA stock above its near-term resistance.Is BABA Stock A Buy, Sell, Or Hold?We revise our rating on BABA stock from Strong Buy to Hold for now. We have already taken profit and cut 50% of our exposure at our near-term PT of $120. Given its series of bull traps at its near-term resistance, we rescind our medium-term PT of $160.Our valuation analysis also indicates that the market doesn't expect to re-rate BABA higher anytime soon. Therefore, investors should avoid adding anywhere near its near-term resistance.Notwithstanding, we urge investors to be patient and let the bull trap price action play out before adding exposure. We are awaiting a re-test of its May lows but will continue to monitor its price action closely.","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041951503,"gmtCreate":1655998129902,"gmtModify":1676535747851,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>😔","listText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>😔","text":"$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$😔","images":[{"img":"https://community-static.tradeup.com/news/fd1705e7801651bcd65f71e7c78d8022","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041951503","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9043874208,"gmtCreate":1655910850504,"gmtModify":1676535730496,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Please 🙏🏻","listText":"Please 🙏🏻","text":"Please 🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043874208","repostId":"1115890604","repostType":4,"repost":{"id":"1115890604","pubTimestamp":1655908893,"share":"https://ttm.financial/m/news/1115890604?lang=&edition=fundamental","pubTime":"2022-06-22 22:41","market":"hk","language":"en","title":"Alibaba: Is the Worst Over?","url":"https://stock-news.laohu8.com/highlight/detail?id=1115890604","media":"TipRanks","summary":"Story HighlightsThe easing of regulatory headwinds and COVID-led restrictions will likely support Al","content":"<div>\n<p>Story HighlightsThe easing of regulatory headwinds and COVID-led restrictions will likely support Alibaba’s growth. However, macro uncertainty and softness in the cloud business are a drag.The macro ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-is-the-worst-over/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Is the Worst Over?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Is the Worst Over?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/alibaba-is-the-worst-over/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsThe easing of regulatory headwinds and COVID-led restrictions will likely support Alibaba’s growth. However, macro uncertainty and softness in the cloud business are a drag.The macro ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-is-the-worst-over/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.tipranks.com/news/article/alibaba-is-the-worst-over/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115890604","content_text":"Story HighlightsThe easing of regulatory headwinds and COVID-led restrictions will likely support Alibaba’s growth. However, macro uncertainty and softness in the cloud business are a drag.The macro weakness in China, increased competitive activity, and COVID-led disruptions have weighed on the financial performance of internet giant Alibaba (NYSE: BABA). The company’s growth decelerated sequentially over the past several quarters.Given the challenges, Alibaba stock has dropped nearly 54% from its 52-week high. While the slowdown in growth dragged its share price lower, regulatory headwinds further contributed to its decline.What’s Next?Though BABA stock has decreased substantially, COVID-led uncertainty and the economic slowdown could restrict the recovery in the short term. However, favorable government policies and easing COVID restrictions could reaccelerate growth.During last quarter’s conference call, Alibaba’s CEO, Daniel Zhang, indicated supportive government policies. Zhang stated, “Chinese government has released important policy signals on its commitment to stabilize the economy.” Moreover, “They have also issued clear statements on promoting the development of internet platform economy through a healthy, regulatory environment.”As the operating environment shows signs of improvement, US Tiger Securities analyst Bo Pei upgraded BABA stock to Buy from Hold.Pei added, “Despite the more challenging June quarter, we are upgrading BABA to BUY as we believe both revenue and profitability will bottom out and hit a long-awaited inflection point in the quarter.”The analyst expects Alibaba’s growth to improve in the second half of this year, benefitting from easier year-over-year comparisons and government stimulus.Echoing similar sentiments, Bank of America Securities analyst Eddie Leung reiterated his Buy recommendation on BABA stock.Offering updates from its virtual Innovative Conference with Alibaba, Leung said supply bottlenecks are easing. Further, Alibaba is witnessing an improvement in demand in some product categories. However, for the cloud business, “Alibaba sees resumption of some projects delayed by the lockdowns but expects an economic slowdown and moderate traffic growth among Internet sector clients to weigh on the near-term growth.”Including Pei and Leung, Alibaba has received 16 Buy recommendations. Meanwhile, two analysts remain sidelined.Overall, it sports a Strong Buy consensus rating on TipRanks. Further, the average Alibaba price target of $161.01 implies 51.2% upside potential.Bottom LineThe easing of regulatory headwinds and COVID-led restrictions will likely support Alibaba’s growth. Moreover, easier year-over-year comparisons are positive. However, uncertainty related to the pandemic, an expected softness in the cloud business, and a tough macro environment pose challenges.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043875785,"gmtCreate":1655910817547,"gmtModify":1676535730481,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>😔","listText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>😔","text":"$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$😔","images":[{"img":"https://community-static.tradeup.com/news/44f42f83a755a8686a3da78bee9bcb80","width":"1080","height":"2072"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043875785","isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9043875373,"gmtCreate":1655910782592,"gmtModify":1676535730466,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"🙏🏻","listText":"🙏🏻","text":"🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043875373","repostId":"2245821282","repostType":4,"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057332295,"gmtCreate":1655463260917,"gmtModify":1676535644580,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"🙏🏻🙏🏻🙏🏻","listText":"🙏🏻🙏🏻🙏🏻","text":"🙏🏻🙏🏻🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057332295","repostId":"1115493440","repostType":2,"repost":{"id":"1115493440","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":1655463193,"share":"https://ttm.financial/m/news/1115493440?lang=&edition=fundamental","pubTime":"2022-06-17 18:53","market":"us","language":"en","title":"China's Central Bank Accepts Ant's Application for Financial Holding Company- Sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1115493440","media":"Reuters","summary":"HONG KONG, June 17 (Reuters) - China's central bank has accepted Ant Group's application to set up a","content":"<html><head></head><body><p>HONG KONG, June 17 (Reuters) - China&#39;s central bank has accepted Ant Group&#39;s application to set up a financial holding company, three people with knowledge of the matter said, a key step in finishing a year-long revamp of Jack Ma&#39;s fintech business and reviving its stock market debut.</p><p>Ant and the PBOC did not respond to Reuters requests for comment on Friday.</p><p>Although Ant has been working with financial regulators for months on a broad revamp, the central bank&#39;s agreeing to review the application signals the company could get its long-awaited license soon, said the sources, who asked not to be named due to confidentiality constraints.</p><p>Chinese authorities abruptly pulled the plug on Ant&#39;s IPO, set to raise $37 billion in the world&#39;s biggest listing, in November 2020, soon after tech billionaire founder Ma gave a speech accusing financial watchdogs of stifling innovation.</p><p>The authorities put Ant, whose businesses span payment processing, consumer lending to insurance products distribution, under the revamp.</p><p>As part of that overhaul, the PBOC in December 2020 told Reuters in a statement that Ant was drafting a plan to set up a financial holding firm and that Ant should ensure that all its financial operations were placed under regulatory supervision.</p><p>Ant had been valued as a tech firm for its IPO, but the forced change to a financial holding company will make it subject to capital requirements and regulations similar to those for banks.</p><p>Alibaba shares jumped 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/2d4986c984e7ac126d100948bc8eeb7c\" tg-width=\"872\" tg-height=\"620\" width=\"100%\" height=\"auto\"/></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>China's Central Bank Accepts Ant's Application for Financial Holding Company- Sources</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 Central Bank Accepts Ant's Application for Financial Holding Company- Sources\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\">2022-06-17 18:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>HONG KONG, June 17 (Reuters) - China&#39;s central bank has accepted Ant Group&#39;s application to set up a financial holding company, three people with knowledge of the matter said, a key step in finishing a year-long revamp of Jack Ma&#39;s fintech business and reviving its stock market debut.</p><p>Ant and the PBOC did not respond to Reuters requests for comment on Friday.</p><p>Although Ant has been working with financial regulators for months on a broad revamp, the central bank&#39;s agreeing to review the application signals the company could get its long-awaited license soon, said the sources, who asked not to be named due to confidentiality constraints.</p><p>Chinese authorities abruptly pulled the plug on Ant&#39;s IPO, set to raise $37 billion in the world&#39;s biggest listing, in November 2020, soon after tech billionaire founder Ma gave a speech accusing financial watchdogs of stifling innovation.</p><p>The authorities put Ant, whose businesses span payment processing, consumer lending to insurance products distribution, under the revamp.</p><p>As part of that overhaul, the PBOC in December 2020 told Reuters in a statement that Ant was drafting a plan to set up a financial holding firm and that Ant should ensure that all its financial operations were placed under regulatory supervision.</p><p>Ant had been valued as a tech firm for its IPO, but the forced change to a financial holding company will make it subject to capital requirements and regulations similar to those for banks.</p><p>Alibaba shares jumped 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/2d4986c984e7ac126d100948bc8eeb7c\" tg-width=\"872\" tg-height=\"620\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115493440","content_text":"HONG KONG, June 17 (Reuters) - China's central bank has accepted Ant Group's application to set up a financial holding company, three people with knowledge of the matter said, a key step in finishing a year-long revamp of Jack Ma's fintech business and reviving its stock market debut.Ant and the PBOC did not respond to Reuters requests for comment on Friday.Although Ant has been working with financial regulators for months on a broad revamp, the central bank's agreeing to review the application signals the company could get its long-awaited license soon, said the sources, who asked not to be named due to confidentiality constraints.Chinese authorities abruptly pulled the plug on Ant's IPO, set to raise $37 billion in the world's biggest listing, in November 2020, soon after tech billionaire founder Ma gave a speech accusing financial watchdogs of stifling innovation.The authorities put Ant, whose businesses span payment processing, consumer lending to insurance products distribution, under the revamp.As part of that overhaul, the PBOC in December 2020 told Reuters in a statement that Ant was drafting a plan to set up a financial holding firm and that Ant should ensure that all its financial operations were placed under regulatory supervision.Ant had been valued as a tech firm for its IPO, but the forced change to a financial holding company will make it subject to capital requirements and regulations similar to those for banks.Alibaba shares jumped 10% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9055641452,"gmtCreate":1655269368676,"gmtModify":1676535601350,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a>break even soonnnn , Jiayou","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a>break even soonnnn , Jiayou","text":"$XIAOMI-W(01810)$break even soonnnn , Jiayou","images":[{"img":"https://community-static.tradeup.com/news/a07a5763ced21eb036543ebf99e27015","width":"1080","height":"3388"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055641452","isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9055641813,"gmtCreate":1655269325832,"gmtModify":1676535601341,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>should I average down ?","listText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>should I average down ?","text":"$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$should I average down ?","images":[{"img":"https://community-static.tradeup.com/news/c44e15088fab6a2ac7c44cb9f6632ac7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055641813","isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":800678988,"gmtCreate":1627301929244,"gmtModify":1703487105611,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Support support&nbsp;","listText":"Support support&nbsp;","text":"Support support","images":[{"img":"https://static.tigerbbs.com/dae14a42a4aaf383137ad9c6e40b5eff","width":"1080","height":"3681"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800678988","isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":177729188,"gmtCreate":1627262789744,"gmtModify":1703486179720,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>down almost 1k, please help me God ?","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>down almost 1k, please help me God ?","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$down almost 1k, please help me God ?","images":[{"img":"https://static.tigerbbs.com/dc540dd5d0b8b85b264f9b1692d8724a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/177729188","isVote":1,"tweetType":1,"viewCount":915,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":157650201,"gmtCreate":1625581126403,"gmtModify":1703744324527,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Nice recovery","listText":"Nice recovery","text":"Nice recovery","images":[{"img":"https://static.tigerbbs.com/d82c2bff152afa856bbd5a3c3c5e6284","width":"1080","height":"3542"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157650201","isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":157624773,"gmtCreate":1625581082592,"gmtModify":1703744321923,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157624773","repostId":"1115183227","repostType":4,"repost":{"id":"1115183227","pubTimestamp":1625578090,"share":"https://ttm.financial/m/news/1115183227?lang=&edition=fundamental","pubTime":"2021-07-06 21:28","market":"us","language":"en","title":"AngloGold Names CEO as No. 3 Gold Miner Eyes Colombia Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1115183227","media":"Bloomberg","summary":"AngloGold Ashanti Ltd. appointed former BHP Group executive Alberto Calderon to its top job, ending ","content":"<p>AngloGold Ashanti Ltd. appointed former BHP Group executive Alberto Calderon to its top job, ending a nearly year-long head hunt that’s weighed on the shares of the No. 3 gold producer.</p>\n<p>Calderon, a 61-year-old Colombian who once served as a junior minister in a government that fought drug lord Pablo Escobar, will join AngloGold on Sept. 1. The Ivy League economist, who was in the running to become chief executive officer at BHP before the position went to Andrew Mackenzie, served as CEO of Melbourne-based explosives maker Orica Ltd. until February.</p>\n<p>AngloGold hasn’t had a permanent CEO since Kelvin Dushnisky’s abrupt departure last September after holding the position for just two years. The Johannesburg-based miner’s shares have underperformed peers in the past year as the CEO hunt dragged on and the company had to suspend operations at a mine in Ghana. While Calderon’s experience lies in industrial metals, coal and oil, his background may help AngloGold to advance its key expansion projects in Colombia.</p>\n<p>“It’s not going to be easy, but I hope I can explain what a world class mining company like AngloGold can do,” Calderon said in a video interview, commenting on his task of getting the Colombian authorities to approve the miner’s Quebradona and Gramalote projects. “I think I have a good chance of persuading them.”</p>\n<p>AngloGold’s shares climbed as much as 5.8% in Johannesburg, the most in seven weeks. That pared the stock’s losses over the past 12 months to 42%.</p>\n<p>While AngloGold emerged from a mining empire created by Ernest Oppenheimer a century ago, it sold its remaining South African operations last year to focus on more profitable mines elsewhere in Africa, Australia and the Americas. The new CEO may face questions about whether the company could finally move its primary listing from Johannesburg -- an idea that’s been bandied about for years.</p>\n<p>“It’s not the immediate priority for me but it’s something that in due time the board and myself will consider again and give our views to the market,” Calderon said.</p>\n<p>A potential London listing is among the options that Calderon will consider as he tries to close the discount at which AngloGold trades to larger rivals Newmont Corp. and Barrick Gold Corp.</p>\n<p>“If we can bring credibility back to our projects, be more predictable in our production and cost focus, if we are seen as the excellent operators that we are, I think we can bring a lot of that discount value back into this company and that’s my plan,” he said.</p>\n<p>Calderon will take over from interim CEO Christine Ramon, who will return to her previous position as AngloGold’s chief financial officer. During her time at the helm, Ramon sketched out a plan to expand output at key operations in Tanzania, Ghana and Guinea, while potentially investing more than $2 billion in two new mines in Colombia from 2022.</p>\n<p>Leadership Experience</p>\n<p>Calderon, who gained experience of South Africa during his time as head of BHP’s aluminum business, was CEO of both Cerrejon Coal Co. and Ecopetrol in his home country of Colombia. Prior to that, he held leadership positions at the International Monetary Fund.</p>\n<p>“It’s an excellent appointment, and it removes uncertainties about the leadership crisis,” said Rene Hochreiter, an analyst at Noah Capital Ltd. In Colombia, “he can probably get things done better than say an American or South African,” he said.</p>\n<p>Calderon’s six years at Orica coincided with a difficult period for the company. The explosives maker had to contend with a steep rise in the price of natural gas, it’s main input cost, and more recently Orica’s profits hit by the Covid-19 economic slowdown and China’s ban on Australian coal imports. Orica shares fell by more than a third during Calderon’s tenure.</p>\n<p>AngloGold joined rivals in increasing its dividend after record gold prices boosted earnings last year, but producers have had to work hard to retain investor interest this year as bullion’s rally sputtered.</p>\n<p>The new CEO must also get the company’s key Ghana mine back on track after underground operations at Obuasi were suspended in May following the death of a worker. That setback will curb output this year, just as the mine was ramping up following a $545 million redevelopment.</p>\n<p>“We have the right person to lead this company forward and realize its outstanding potential, drawing on his huge leadership experience in the resources sector across a variety of geographies,” said AngloGold Chairman Maria Ramos said in the statement.</p>\n<p>What Bloomberg Intelligence Says</p>\n<p>“AngloGold’s appointment of experienced mining executive Alberto Calderon as CEO is a good starting point for the company to narrow the valuation gap with many of its gold-mining peers. While the market may take a “wait and see” approach given Calderon’s lack of specific gold-mining background, the combination of his recent Australian-based role and his Colombian heritage fits in well with the geographical spread of AngloGold’s assets and the company’s growth ambitions.”</p>","source":"lsy1612507957220","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>AngloGold Names CEO as No. 3 Gold Miner Eyes Colombia Growth</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\">\nAngloGold Names CEO as No. 3 Gold Miner Eyes Colombia Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 21:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/no-3-gold-miner-anglogold-064803124.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AngloGold Ashanti Ltd. appointed former BHP Group executive Alberto Calderon to its top job, ending a nearly year-long head hunt that’s weighed on the shares of the No. 3 gold producer.\nCalderon, a 61...</p>\n\n<a href=\"https://finance.yahoo.com/news/no-3-gold-miner-anglogold-064803124.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/no-3-gold-miner-anglogold-064803124.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115183227","content_text":"AngloGold Ashanti Ltd. appointed former BHP Group executive Alberto Calderon to its top job, ending a nearly year-long head hunt that’s weighed on the shares of the No. 3 gold producer.\nCalderon, a 61-year-old Colombian who once served as a junior minister in a government that fought drug lord Pablo Escobar, will join AngloGold on Sept. 1. The Ivy League economist, who was in the running to become chief executive officer at BHP before the position went to Andrew Mackenzie, served as CEO of Melbourne-based explosives maker Orica Ltd. until February.\nAngloGold hasn’t had a permanent CEO since Kelvin Dushnisky’s abrupt departure last September after holding the position for just two years. The Johannesburg-based miner’s shares have underperformed peers in the past year as the CEO hunt dragged on and the company had to suspend operations at a mine in Ghana. While Calderon’s experience lies in industrial metals, coal and oil, his background may help AngloGold to advance its key expansion projects in Colombia.\n“It’s not going to be easy, but I hope I can explain what a world class mining company like AngloGold can do,” Calderon said in a video interview, commenting on his task of getting the Colombian authorities to approve the miner’s Quebradona and Gramalote projects. “I think I have a good chance of persuading them.”\nAngloGold’s shares climbed as much as 5.8% in Johannesburg, the most in seven weeks. That pared the stock’s losses over the past 12 months to 42%.\nWhile AngloGold emerged from a mining empire created by Ernest Oppenheimer a century ago, it sold its remaining South African operations last year to focus on more profitable mines elsewhere in Africa, Australia and the Americas. The new CEO may face questions about whether the company could finally move its primary listing from Johannesburg -- an idea that’s been bandied about for years.\n“It’s not the immediate priority for me but it’s something that in due time the board and myself will consider again and give our views to the market,” Calderon said.\nA potential London listing is among the options that Calderon will consider as he tries to close the discount at which AngloGold trades to larger rivals Newmont Corp. and Barrick Gold Corp.\n“If we can bring credibility back to our projects, be more predictable in our production and cost focus, if we are seen as the excellent operators that we are, I think we can bring a lot of that discount value back into this company and that’s my plan,” he said.\nCalderon will take over from interim CEO Christine Ramon, who will return to her previous position as AngloGold’s chief financial officer. During her time at the helm, Ramon sketched out a plan to expand output at key operations in Tanzania, Ghana and Guinea, while potentially investing more than $2 billion in two new mines in Colombia from 2022.\nLeadership Experience\nCalderon, who gained experience of South Africa during his time as head of BHP’s aluminum business, was CEO of both Cerrejon Coal Co. and Ecopetrol in his home country of Colombia. Prior to that, he held leadership positions at the International Monetary Fund.\n“It’s an excellent appointment, and it removes uncertainties about the leadership crisis,” said Rene Hochreiter, an analyst at Noah Capital Ltd. In Colombia, “he can probably get things done better than say an American or South African,” he said.\nCalderon’s six years at Orica coincided with a difficult period for the company. The explosives maker had to contend with a steep rise in the price of natural gas, it’s main input cost, and more recently Orica’s profits hit by the Covid-19 economic slowdown and China’s ban on Australian coal imports. Orica shares fell by more than a third during Calderon’s tenure.\nAngloGold joined rivals in increasing its dividend after record gold prices boosted earnings last year, but producers have had to work hard to retain investor interest this year as bullion’s rally sputtered.\nThe new CEO must also get the company’s key Ghana mine back on track after underground operations at Obuasi were suspended in May following the death of a worker. That setback will curb output this year, just as the mine was ramping up following a $545 million redevelopment.\n“We have the right person to lead this company forward and realize its outstanding potential, drawing on his huge leadership experience in the resources sector across a variety of geographies,” said AngloGold Chairman Maria Ramos said in the statement.\nWhat Bloomberg Intelligence Says\n“AngloGold’s appointment of experienced mining executive Alberto Calderon as CEO is a good starting point for the company to narrow the valuation gap with many of its gold-mining peers. While the market may take a “wait and see” approach given Calderon’s lack of specific gold-mining background, the combination of his recent Australian-based role and his Colombian heritage fits in well with the geographical spread of AngloGold’s assets and the company’s growth ambitions.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157622008,"gmtCreate":1625580991004,"gmtModify":1703744317664,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157622008","repostId":"1142505116","repostType":4,"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156911224,"gmtCreate":1625189942668,"gmtModify":1703737978030,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>been averaging down . Sigh when it Wii ?up ?","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>been averaging down . Sigh when it Wii ?up ?","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$been averaging down . Sigh when it Wii ?up ?","images":[{"img":"https://static.tigerbbs.com/0dfaef1cbd64d23aa9cbfc0d3be2c4f2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156911224","isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150074662,"gmtCreate":1624879265256,"gmtModify":1703846847028,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Average down and keep ????","listText":"Average down and keep ????","text":"Average down and keep ????","images":[{"img":"https://static.tigerbbs.com/bd3b73e92969cb69f1a80dcea2f67ee3","width":"1080","height":"3417"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150074662","isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150074374,"gmtCreate":1624879243798,"gmtModify":1703846846701,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AGCB\">$Altimeter Growth Corp. 2(AGCB)$</a>buy before it ?","listText":"<a href=\"https://laohu8.com/S/AGCB\">$Altimeter Growth Corp. 2(AGCB)$</a>buy before it ?","text":"$Altimeter Growth Corp. 2(AGCB)$buy before it ?","images":[{"img":"https://static.tigerbbs.com/c5da9b771975e9dd679323ad5d2da0d6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/150074374","isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150075513,"gmtCreate":1624879169232,"gmtModify":1703846845876,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"?wow","listText":"?wow","text":"?wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150075513","repostId":"2146763002","repostType":2,"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127025949,"gmtCreate":1624805711681,"gmtModify":1703845388364,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127025949","repostId":"1132692662","repostType":4,"repost":{"id":"1132692662","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":1624680481,"share":"https://ttm.financial/m/news/1132692662?lang=&edition=fundamental","pubTime":"2021-06-26 12:08","market":"us","language":"en","title":"Tesla recalls some imported and domestic Model 3 and Model Y in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1132692662","media":"Tiger Newspress","summary":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.In response to the recall, Tesla said ","content":"<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p>\n<p>Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p>\n<p>Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p>\n<p>Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p>\n<p>Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p>\n<p>In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</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>Tesla recalls some imported and domestic Model 3 and Model Y in China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla recalls some imported and domestic Model 3 and Model Y in China\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\">2021-06-26 12:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p>\n<p>Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p>\n<p>Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p>\n<p>Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p>\n<p>Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p>\n<p>In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132692662","content_text":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.\nTesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.\nMeanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.\nDue to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.\nTesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.\nIn response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":343380581,"gmtCreate":1617677093443,"gmtModify":1704701679333,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z59.SI\">$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$</a>need this to go back to 20c to break even sigh? Cut/hold?","listText":"<a href=\"https://laohu8.com/S/Z59.SI\">$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$</a>need this to go back to 20c to break even sigh? Cut/hold?","text":"$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$need this to go back to 20c to break even sigh? Cut/hold?","images":[{"img":"https://static.tigerbbs.com/c6fdd71b5d5fd0ee25f8d8c29ed64c4d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":5,"repostSize":1,"link":"https://ttm.financial/post/343380581","isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344148002,"gmtCreate":1618390788106,"gmtModify":1704710070641,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>what is&nbsp;nio waiting&nbsp;for , Tesla already went up by lotss?","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>what is&nbsp;nio waiting&nbsp;for , Tesla already went up by lotss?","text":"$NIO Inc.(NIO)$what is nio waiting for , Tesla already went up by lotss?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/344148002","isVote":1,"tweetType":1,"viewCount":1234,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568714154755778","authorId":"3568714154755778","authorIdStr":"3568714154755778","name":"新加坡的大螃蟹","avatar":"https://static.tigerbbs.com/007de9b4510c270a143451a9ede3800a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3568714154755778"},"content":"Era se munio de manga meri","text":"Era se munio de manga meri","html":"Era se munio de manga meri"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043875373,"gmtCreate":1655910782592,"gmtModify":1676535730466,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"🙏🏻","listText":"🙏🏻","text":"🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043875373","repostId":"2245821282","repostType":4,"repost":{"id":"2245821282","pubTimestamp":1655910080,"share":"https://ttm.financial/m/news/2245821282?lang=&edition=fundamental","pubTime":"2022-06-22 23:01","market":"us","language":"en","title":"FDA to Order Juul E-Cigarettes off U.S. Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2245821282","media":"The Wall Street Journal","summary":"U.S. health officials are poised to reject Juul’s application after two-year reviewJuul had sought a","content":"<html><head></head><body><p>U.S. health officials are poised to reject Juul’s application after two-year review</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b5edd1ecb185504a65b975dd95d8d1f1\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"/><span>Juul had sought authorization for its tobacco- and menthol-flavored products to stay on the U.S. market.</span></p><p>The Food and Drug Administration is preparing to order Juul Labs Inc. to take its e-cigarettes off the U.S. market, according to people familiar with the matter.</p><p>The FDA could announce its decision as early as Wednesday, the people said. The marketing denial order would follow a nearly two-year review of data presented by the vaping company, which sought authorization for its tobacco- and menthol-flavored products to stay on the U.S. market.</p><p>Uncertainty has clouded Juul since it landed in the FDA’s sights four years ago, when its fruity flavors and hip marketing were blamed for fueling a surge of underage vaping. The company since then has been trying to regain the trust of regulators and the public. It limited its marketing and in 2019 stopped selling sweet and fruity flavors. Juul’s sales have tumbled in recent years.</p><p>The FDA has been conducting a review of U.S. vaping products, weighing their popularity with young people against their potential benefits as less harmful alternatives for adult cigarette smokers. All U.S. e-cigarette manufacturers in 2020 were required to submit their products for FDA review to stay on the market.</p><p>The FDA in 2020 barred the sale of all sweet and fruity e-cigarette cartridges and hasn’t yet allowed any to come back. The agency has cleared the way for Juul’s biggest rivals, Reynolds American Inc. and NJOY Holdings Inc., to keep tobacco-flavored e-cigarettes on the market. Industry observers had expected Juul to receive similar clearance.</p><p>Juul had no immediate comment. The company could pursue an appeal through the FDA, challenge the decision in court or file a revised application for its products.</p><p>Juul surged to the top of the U.S. e-cigarette market in 2018, but it has lost some ground to other brands more recently. It slipped to second place behind Reynolds’ Vuse brand in the 12 weeks ended June 4, according to an analysis of Nielsen data by Goldman Sachs analyst Bonnie Herzog.</p><p>Last year, Juul reported a net loss of $259 million and an 11% decline in sales to $1.3 billion, according to a disclosure the company made to employees. The U.S. represents nearly all of Juul’s revenue, though its products are also available in Canada, the U.K., Italy, France and the Philippines.</p><p>The FDA is separately moving forward on a plan to mandate the elimination of nearly all nicotine in cigarettes, a policy that would upend the $95 billion U.S. cigarette industry and, health officials say, prompt millions of people to quit smoking or switch to alternatives such as e-cigarettes. That rule will take years to implement and tobacco companies could sue to fight it.</p><p>An FDA order against Juul would be a blow for Marlboro maker Altria Group Inc., which in 2018 paid $12.8 billion for a 35% stake in Juul. The deal valued Juul at about $35 billion. Since then, Juul’s value has plummeted amid the regulatory crackdowns and declining sales. Altria valued its Juul stake at $1.6 billion as of March 31.</p><p>Shares of Altria, which assisted Juul with its FDA application, fell about 10% in early Wednesday trading after The Wall Street Journal reported on the expected FDA decision.</p><p>When Juul became a teen status symbol, many agencies launched investigations into the e-cigarette startup. States, school administrators and families filed thousands of lawsuits against the company alleging that Juul had targeted teens. A criminal investigation by federal prosecutors and the FDA is pending, according to a person familiar with the matter, as are most of those lawsuits.</p><p>Regulators and lawmakers criticized Juul’s early use of young adult models, celebrities and social-media influencers in its marketing. In response, Juul voluntarily shut down its Facebook and Instagram accounts in the U.S., stopped using models in its advertising and suspended all of its print, broadcast and digital advertising in the U.S. In 2019, Juul halted U.S. sales of its mango, mint and other sweet flavored pods, leaving only tobacco and menthol on the market. The company has said that it never targeted children.</p><p>Underage vaping has fallen in the U.S. since federal restrictions raised the legal purchase age for tobacco products to 21 and barred the sale of sweet and fruity e-cigarette refill cartridges. Juul’s popularity among young people also has dropped. A federal study released in September showed that Juul was the No. 4 brand among high school vapers,after Puff Bar, Vuse and Smok.</p><p>In its submission to the FDA, Juul submitted two flavors—menthol and Virginia Tobacco—in two nicotine strengths, 3% and 5%. The company’s application amounted to more than 125,000 pages, including scientific research, marketing materials and an update on its efforts to curb illegal sales to minors. Juul also pitched a new device designed to unlock only for users at least 21 years old.</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>FDA to Order Juul E-Cigarettes off U.S. Market</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 to Order Juul E-Cigarettes off U.S. Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/fda-to-order-juul-e-cigarettes-off-u-s-market-11655904689?mod=hp_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. health officials are poised to reject Juul’s application after two-year reviewJuul had sought authorization for its tobacco- and menthol-flavored products to stay on the U.S. market.The Food and ...</p>\n\n<a href=\"https://www.wsj.com/articles/fda-to-order-juul-e-cigarettes-off-u-s-market-11655904689?mod=hp_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4075":"烟草","BK4566":"资本集团","APR":"Apria, Inc.","BK4007":"制药","BK4196":"保健护理服务","BK4082":"医疗保健设备","LABP":"Landos Biopharma, Inc.","LHDX":"Lucira Health, Inc.","SANA":"Sana Biotechnology, Inc.","CGEM":"Cullinan Therapeutics","BK4139":"生物科技"},"source_url":"https://www.wsj.com/articles/fda-to-order-juul-e-cigarettes-off-u-s-market-11655904689?mod=hp_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2245821282","content_text":"U.S. health officials are poised to reject Juul’s application after two-year reviewJuul had sought authorization for its tobacco- and menthol-flavored products to stay on the U.S. market.The Food and Drug Administration is preparing to order Juul Labs Inc. to take its e-cigarettes off the U.S. market, according to people familiar with the matter.The FDA could announce its decision as early as Wednesday, the people said. The marketing denial order would follow a nearly two-year review of data presented by the vaping company, which sought authorization for its tobacco- and menthol-flavored products to stay on the U.S. market.Uncertainty has clouded Juul since it landed in the FDA’s sights four years ago, when its fruity flavors and hip marketing were blamed for fueling a surge of underage vaping. The company since then has been trying to regain the trust of regulators and the public. It limited its marketing and in 2019 stopped selling sweet and fruity flavors. Juul’s sales have tumbled in recent years.The FDA has been conducting a review of U.S. vaping products, weighing their popularity with young people against their potential benefits as less harmful alternatives for adult cigarette smokers. All U.S. e-cigarette manufacturers in 2020 were required to submit their products for FDA review to stay on the market.The FDA in 2020 barred the sale of all sweet and fruity e-cigarette cartridges and hasn’t yet allowed any to come back. The agency has cleared the way for Juul’s biggest rivals, Reynolds American Inc. and NJOY Holdings Inc., to keep tobacco-flavored e-cigarettes on the market. Industry observers had expected Juul to receive similar clearance.Juul had no immediate comment. The company could pursue an appeal through the FDA, challenge the decision in court or file a revised application for its products.Juul surged to the top of the U.S. e-cigarette market in 2018, but it has lost some ground to other brands more recently. It slipped to second place behind Reynolds’ Vuse brand in the 12 weeks ended June 4, according to an analysis of Nielsen data by Goldman Sachs analyst Bonnie Herzog.Last year, Juul reported a net loss of $259 million and an 11% decline in sales to $1.3 billion, according to a disclosure the company made to employees. The U.S. represents nearly all of Juul’s revenue, though its products are also available in Canada, the U.K., Italy, France and the Philippines.The FDA is separately moving forward on a plan to mandate the elimination of nearly all nicotine in cigarettes, a policy that would upend the $95 billion U.S. cigarette industry and, health officials say, prompt millions of people to quit smoking or switch to alternatives such as e-cigarettes. That rule will take years to implement and tobacco companies could sue to fight it.An FDA order against Juul would be a blow for Marlboro maker Altria Group Inc., which in 2018 paid $12.8 billion for a 35% stake in Juul. The deal valued Juul at about $35 billion. Since then, Juul’s value has plummeted amid the regulatory crackdowns and declining sales. Altria valued its Juul stake at $1.6 billion as of March 31.Shares of Altria, which assisted Juul with its FDA application, fell about 10% in early Wednesday trading after The Wall Street Journal reported on the expected FDA decision.When Juul became a teen status symbol, many agencies launched investigations into the e-cigarette startup. States, school administrators and families filed thousands of lawsuits against the company alleging that Juul had targeted teens. A criminal investigation by federal prosecutors and the FDA is pending, according to a person familiar with the matter, as are most of those lawsuits.Regulators and lawmakers criticized Juul’s early use of young adult models, celebrities and social-media influencers in its marketing. In response, Juul voluntarily shut down its Facebook and Instagram accounts in the U.S., stopped using models in its advertising and suspended all of its print, broadcast and digital advertising in the U.S. In 2019, Juul halted U.S. sales of its mango, mint and other sweet flavored pods, leaving only tobacco and menthol on the market. The company has said that it never targeted children.Underage vaping has fallen in the U.S. since federal restrictions raised the legal purchase age for tobacco products to 21 and barred the sale of sweet and fruity e-cigarette refill cartridges. Juul’s popularity among young people also has dropped. A federal study released in September showed that Juul was the No. 4 brand among high school vapers,after Puff Bar, Vuse and Smok.In its submission to the FDA, Juul submitted two flavors—menthol and Virginia Tobacco—in two nicotine strengths, 3% and 5%. The company’s application amounted to more than 125,000 pages, including scientific research, marketing materials and an update on its efforts to curb illegal sales to minors. Juul also pitched a new device designed to unlock only for users at least 21 years old.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127026167,"gmtCreate":1624805535959,"gmtModify":1703845386096,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z59.SI\">$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$</a>when will it recovery ???????","listText":"<a href=\"https://laohu8.com/S/Z59.SI\">$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$</a>when will it recovery ???????","text":"$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$when will it recovery ???????","images":[{"img":"https://static.tigerbbs.com/9114dec830978cfec9cd1ec7a5ddc727","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/127026167","isVote":1,"tweetType":1,"viewCount":583,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":328538457,"gmtCreate":1615539028179,"gmtModify":1704784266071,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>what happen to HS Tech. Was green in the morning tsk! Any insight please?","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>what happen to HS Tech. Was green in the morning tsk! Any insight please?","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$what happen to HS Tech. Was green in the morning tsk! Any insight please?","images":[{"img":"https://static.tigerbbs.com/ffe16fd5e2c2a2879eb7c0b47c5db8ef","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/328538457","isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573351962817537","authorId":"3573351962817537","authorIdStr":"3573351962817537","name":"AndrewLing","avatar":"https://community-static.tradeup.com/news/043d41712a36007eba53e1231c7bbff3","crmLevel":6,"crmLevelSwitch":0,"idStr":"3573351962817537"},"content":"https://m.cnyes.com/news/id/4611727","text":"https://m.cnyes.com/news/id/4611727","html":"https://m.cnyes.com/news/id/4611727"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":177729188,"gmtCreate":1627262789744,"gmtModify":1703486179720,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>down almost 1k, please help me God ?","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>down almost 1k, please help me God ?","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$down almost 1k, please help me God ?","images":[{"img":"https://static.tigerbbs.com/dc540dd5d0b8b85b264f9b1692d8724a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/177729188","isVote":1,"tweetType":1,"viewCount":915,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":348486155,"gmtCreate":1617953063777,"gmtModify":1704705237544,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Boommm","listText":"Boommm","text":"Boommm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/348486155","repostId":"1147517160","repostType":4,"repost":{"id":"1147517160","pubTimestamp":1617942022,"share":"https://ttm.financial/m/news/1147517160?lang=&edition=fundamental","pubTime":"2021-04-09 12:20","market":"us","language":"en","title":"\"Boom Or Bust For The Economy & Markets\" - JPM Previews The Next 100 Days For Biden","url":"https://stock-news.laohu8.com/highlight/detail?id=1147517160","media":"zerohedge","summary":"On April 7, 2021, JPMorgan hosted two sessions as part of the J.P. Morgan Virtual Investor Seminar a","content":"<p>On April 7, 2021, JPMorgan hosted two sessions as part of the J.P. Morgan Virtual Investor Seminar at the time of the 2021 IMF/WB Spring Meetings featuring external speakers and J.P. Morgan’s Policy Center, Federal Government Relations and Global Research team to discuss the priorities for the Biden administration for the next 100 days and the macro and market implications.</p><p><i>What follows is a summary of the top 10 takeaways of the ideas presented during the seminar by JPMorgan analysts, strategists and economists</i>, as summarized by JPM itself.</p><p><b>1、US growth is entering a boom period with positive spillovers.</b>J.P. Morgan’s Economics Research team estimates US growth will reach 9.5% in 2Q and 8.3% in 3Q before trending down to 6.3% for the year as a whole. Positive spillovers from US imports and a boom of the US economy from financial markets is a positive for the rest of the world, notwithstanding rising interest rates and possibly upward pressure on the dollar. Although vaccine distribution has been uneven across the world, the impending tidal wave of vaccine supply due to a ramp up in production in the next 3-6 months should improve prospects for growth in the rest of the world.</p><p><b>2、The recovery from the pandemic is vastly different from the scarring that took place after the 2008-2009 Global Financial Crisis (GFC) as both the US and China will close the output gap and will likely to be operating above full employment by the end of 2022.</b></p><p>J.P. Morgan’s Economics Research team sees the US unemployment rate reaching 4.5% by year end which is vastly different to a similar point after the GFC where US unemployment was around 9.5%. This time around, the Fed and other central banks will likely remain firmly on hold in raising rates. Another important difference is that the US does not have an overhang of spending and durables, particularly in housing like in the GFC. Instead, there is tailwind from the improvement in household balance sheets where excess savings has been building up. However, emerging markets will bear the brunt of the scarring. Slow vaccination rates and limited fiscal space place EM (ex-China) around 4% below its pre-pandemic growth path.</p><p><b>3、The staggered global economic recovery – led by China last year, moving to the US now, with Europe to come later this year – supports the market recovery and risky assets will continue to benefit.</b></p><p>The scenario for the global environment remains favorable for risky assets backed by above-trend global GDP growth, continued policy support and progress on vaccination and re-opening of economies. It is a blessing in disguise that the global recovery is not synchronized as the staggered rally has prevented broad-based asset bubbles.<b>A synchronized recovery could have meant a likely overshooting of US treasury yields which would have negative implications for valuations of risky asset classes, specifically for equity multiples.</b></p><p>Positioning in risky assets remains below average in a historical context as markets are coming off a record year in market volatility with the VIX recording its highest level in March 2020 that caused broad de-risking across markets. J.P. Morgan’s Equity Strategy Research team expects volatility to decline this year which will contribute to systematic investors’ overall positioning moving higher not just in equity but in other risky assets such as commodities and emerging markets. We continue to favor cyclical sectors and believe that the energy sector remains attractive. While there is a lot of talk about asset bubbles, it is hard to see one in the broad equity market, but certain segments that have more than tripled in price over a short period of time are likely experiencing bubbles, such as innovative ESG&nbsp; sectors like clean energy, solar energy and Electric Vehicles, along with crypto assets and SPACs.</p><p><b>4、Fear of rising inflation is here to stay and the run rate for headline inflation will increase, but delivered inflation continues to lag, and we do not see a regime shift in actual inflation performance.</b></p><p>While markets could continue to test the Fed’s resolve, the messaging will remain clear that the Fed will tolerate an inflation overshoot, and its guidance for liftoff, rate normalization is likely off the table at least through 2022. We have not changed our forecast that the first Fed hike will not occur until early 2024. The recent pickup in headline inflation rates were due largely to jumps in energy prices. While business surveys could signal higher inflation to come, the relationship between the survey price data and future inflation changes generally has been weak.</p><p><b>5、The Biden administration will remain focused on super charging the economy before mid-term elections in 2022 with further spending to be pursued, with passage of the infrastructure bill likely to occur by end-September using budget reconciliation even if tax increases are not approved.</b></p><p>Democrats’ ability to control the Senate and the composition of the House could flip in 2022, and they are looking to take advantage of the current wave of support generated after the passing of the latest stimulus package and rapidly expanding vaccine eligibility to go as big as they can on an infrastructure package. Republicans are also feeling more confident in their standing as picking up seats in the House was unexpected. The outlook for the Senate is more uncertain due to the three pending retirements of Republican senators Roy Blunt (Missouri), Rob Portman (Ohio) and Pat Toomey&nbsp; (Pennsylvania). While Speaker of the House Nancy Pelosi has stated that she would like to see passage of the infrastructure package before the August recess, the hard deadline is likely mid-to-late September. This coincides with the September expiration of the surface transportation legislation known as the FAST Act, as well as the expiration of expanded unemployment benefits from the American Rescue Plan and the July 31 debt ceiling, which all act as deadlines for Congressional action.</p><p><b>6、The recent ruling by the US Senate’s parliamentarian to budget reconciliation procedures have the potential to be a “revolution” in the Senate.</b></p><p>The budget reconciliation process allows for a bill to pass Congress with only 51 votes in the Senate, or 50 votes with the vice president casting the tie-breaking vote. The new ruling means that budget reconciliation is no longer limited to one vote within the fiscal year as revisions of prior budget measures can be proposed, with no limit on the number of revisions.</p><p><b>The implications of this ruling could mean that Democrats could try and pass much of the infrastructure bill, especially the parts pertaining to social equity, through budget reconciliation.</b>(However, Democratic Senators, such as Joe Manchin, have expressed their reservations on using budget reconciliation again this year.)</p><p><b>7、The possibility of gaining approval to raise the corporate tax rate to 28% is highly unlikely to pass with an increase in the 22-24% range more likely.</b></p><p>During the Trump administration, the corporate tax rate in the US was reduced from 35% to the current rate of 21%. The Biden administration has proposed raising the corporate tax rate to 28% and increase the international minimum tax rate that US companies pay on their foreign profits to 21%. The debate on corporate taxes is not a binary choice between 21% vs. 28%. Speakers cautioned that the US corporate tax rate needs to remain globally competitive and that the relative rate is what matters. Including the average 5% tax rate at the state-level raises the US corporate tax to 26%, which is “in the middle of the pack” as the average corporate tax rate for an OECD country is 24%.</p><p><b>If the US corporate tax is raised to 28%, it effectively increases to 33% including state taxes, which is a higher rate than China or Scandinavian countries.</b>This week, Treasury Secretary Yellen made the case for a global minimum corporate tax to address the global competitiveness issue and “avoid a race to the bottom.” The discussion on tax increases is separate from proposals to increase spending. There is no decision about how much of the infrastructure proposal needs to be paid for, or with what specific tax policy change. Nor is there a unified tax agenda and taxes will likely only be raised as much as they need to be raised. Wealth taxes are unlikely to be approved. A reversal of the state and local tax (SALT) cap, which currently hits high income earners the most, will not only be optically unappealing, it is expensive to replace and its expiration date at the end of 2025 makes it less open to debate than other measures. With slim majorities in the Senate and House, Democrats cannot afford to lose a single vote in the Senate and 3-4 votes in the House (though the House number changes daily) and many Democrats will still be hesitant to raise taxes before the 2022 election, when control of both the House and Senate is in play.</p><p><b>8、Markets will remain focused on the risk of a disorderly rise is US bond yields as the projected $3.8trn budget deficit will require $3trn in net new US Treasury supply with ongoing concerns on whether flows will be absorbed smoothly.</b></p><p>We look for higher yields and a steeper curve beyond the 2-year point, and our US Treasury team forecasts the 10-year yield at 1.95% at year-end. Bearish positions are focused on the 7- and 20-year points on the curve that have lacked sponsorship. Discussions on implications of the expiration of the supplementary leverage ratio (SLR) carve-out are ongoing but unresolved, with some calls by former Fed officials to at least exempt the incremental reserves that have accumulated since it began its latest securities purchase program in March 2020 as GSIB banks are among the largest buyers of US Treasuries.</p><p><b>9、Credit markets have been immune to higher rates, equity and commodities volatility in large part due to positive technicals.</b></p><p>While investors remain undecided between whether or not reflation will prove orderly or disorderly, issuance trends seem to reflect a much stronger statement by companies on credit market conditions going forward. Credit markets have been supported by the macroeconomic ‘sugar rush’ associated with the new Biden administration’s spending plans, and US Treasury yields have duly reacted to the specter of inflation. This debate might be entering a new phase, however. The new executive is set to unveil a program of tax increases to pay for its $2trn infrastructure spending plans, which might influence expectations of how quickly said sugar rush might fade. However, the stickiness of secondary market spreads continues to reflect underlying positioning, which does not appear excessively levered or complex. All-in funding costs have likely bottomed and companies are refinancing ‒ especially in loans ‒ and companies unencumbering assets pledged as part of rescue-financing packages last year.</p><p><b>10、Despite the volatility and underperformance of EM FX and local markets, which could persist with the ongoing rise in US rates, EM credit valuations are attractive.</b></p><p>EM credit valuations are attractive and cross-over and high grade investors have been gravitating to holding barbell positions in US and EM credit given attractive pickup (as much as 100bp in yield over US HY) and the low EM HY corporate default rate (JPM 2021F: 2.5%), which is expected around the levels of US HY (2.0%). EM equities haven’t appreciated much over the past decade, and rising 10-year US treasury yields has predominantly been associated with positive absolute returns for EM equities but underperformance to DM equities. Our EM equity strategists have looked back 11 years (since the GFC) and identified periods where the US 10-year yield increased by more than 50bps. During these periods, there was a median USD+3.4% EM equity gain. EM equities produced negative results in only 2 of 8 periods (25%) (See Rising US yield: more friend than foe to EM equities, Pedro Martin Junior, 7 April 2021). US-China tensions will remain in the headlines, but both the US and China have focused on domestic issues rather than each other in recent months. The Biden administration has embraced a multilateral approach to discussions with China, focusing on working with allies and international institutions, and the first meetings have included Japan, Korea and the European Union.</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>\"Boom Or Bust For The Economy & Markets\" - JPM Previews The Next 100 Days For Biden</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\">\n\"Boom Or Bust For The Economy & Markets\" - JPM Previews The Next 100 Days For Biden\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 12:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/boom-or-bust-economy-markets-jpm-previews-next-100-days-biden><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On April 7, 2021, JPMorgan hosted two sessions as part of the J.P. Morgan Virtual Investor Seminar at the time of the 2021 IMF/WB Spring Meetings featuring external speakers and J.P. Morgan’s Policy ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/boom-or-bust-economy-markets-jpm-previews-next-100-days-biden\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/boom-or-bust-economy-markets-jpm-previews-next-100-days-biden","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147517160","content_text":"On April 7, 2021, JPMorgan hosted two sessions as part of the J.P. Morgan Virtual Investor Seminar at the time of the 2021 IMF/WB Spring Meetings featuring external speakers and J.P. Morgan’s Policy Center, Federal Government Relations and Global Research team to discuss the priorities for the Biden administration for the next 100 days and the macro and market implications.What follows is a summary of the top 10 takeaways of the ideas presented during the seminar by JPMorgan analysts, strategists and economists, as summarized by JPM itself.1、US growth is entering a boom period with positive spillovers.J.P. Morgan’s Economics Research team estimates US growth will reach 9.5% in 2Q and 8.3% in 3Q before trending down to 6.3% for the year as a whole. Positive spillovers from US imports and a boom of the US economy from financial markets is a positive for the rest of the world, notwithstanding rising interest rates and possibly upward pressure on the dollar. Although vaccine distribution has been uneven across the world, the impending tidal wave of vaccine supply due to a ramp up in production in the next 3-6 months should improve prospects for growth in the rest of the world.2、The recovery from the pandemic is vastly different from the scarring that took place after the 2008-2009 Global Financial Crisis (GFC) as both the US and China will close the output gap and will likely to be operating above full employment by the end of 2022.J.P. Morgan’s Economics Research team sees the US unemployment rate reaching 4.5% by year end which is vastly different to a similar point after the GFC where US unemployment was around 9.5%. This time around, the Fed and other central banks will likely remain firmly on hold in raising rates. Another important difference is that the US does not have an overhang of spending and durables, particularly in housing like in the GFC. Instead, there is tailwind from the improvement in household balance sheets where excess savings has been building up. However, emerging markets will bear the brunt of the scarring. Slow vaccination rates and limited fiscal space place EM (ex-China) around 4% below its pre-pandemic growth path.3、The staggered global economic recovery – led by China last year, moving to the US now, with Europe to come later this year – supports the market recovery and risky assets will continue to benefit.The scenario for the global environment remains favorable for risky assets backed by above-trend global GDP growth, continued policy support and progress on vaccination and re-opening of economies. It is a blessing in disguise that the global recovery is not synchronized as the staggered rally has prevented broad-based asset bubbles.A synchronized recovery could have meant a likely overshooting of US treasury yields which would have negative implications for valuations of risky asset classes, specifically for equity multiples.Positioning in risky assets remains below average in a historical context as markets are coming off a record year in market volatility with the VIX recording its highest level in March 2020 that caused broad de-risking across markets. J.P. Morgan’s Equity Strategy Research team expects volatility to decline this year which will contribute to systematic investors’ overall positioning moving higher not just in equity but in other risky assets such as commodities and emerging markets. We continue to favor cyclical sectors and believe that the energy sector remains attractive. While there is a lot of talk about asset bubbles, it is hard to see one in the broad equity market, but certain segments that have more than tripled in price over a short period of time are likely experiencing bubbles, such as innovative ESG  sectors like clean energy, solar energy and Electric Vehicles, along with crypto assets and SPACs.4、Fear of rising inflation is here to stay and the run rate for headline inflation will increase, but delivered inflation continues to lag, and we do not see a regime shift in actual inflation performance.While markets could continue to test the Fed’s resolve, the messaging will remain clear that the Fed will tolerate an inflation overshoot, and its guidance for liftoff, rate normalization is likely off the table at least through 2022. We have not changed our forecast that the first Fed hike will not occur until early 2024. The recent pickup in headline inflation rates were due largely to jumps in energy prices. While business surveys could signal higher inflation to come, the relationship between the survey price data and future inflation changes generally has been weak.5、The Biden administration will remain focused on super charging the economy before mid-term elections in 2022 with further spending to be pursued, with passage of the infrastructure bill likely to occur by end-September using budget reconciliation even if tax increases are not approved.Democrats’ ability to control the Senate and the composition of the House could flip in 2022, and they are looking to take advantage of the current wave of support generated after the passing of the latest stimulus package and rapidly expanding vaccine eligibility to go as big as they can on an infrastructure package. Republicans are also feeling more confident in their standing as picking up seats in the House was unexpected. The outlook for the Senate is more uncertain due to the three pending retirements of Republican senators Roy Blunt (Missouri), Rob Portman (Ohio) and Pat Toomey  (Pennsylvania). While Speaker of the House Nancy Pelosi has stated that she would like to see passage of the infrastructure package before the August recess, the hard deadline is likely mid-to-late September. This coincides with the September expiration of the surface transportation legislation known as the FAST Act, as well as the expiration of expanded unemployment benefits from the American Rescue Plan and the July 31 debt ceiling, which all act as deadlines for Congressional action.6、The recent ruling by the US Senate’s parliamentarian to budget reconciliation procedures have the potential to be a “revolution” in the Senate.The budget reconciliation process allows for a bill to pass Congress with only 51 votes in the Senate, or 50 votes with the vice president casting the tie-breaking vote. The new ruling means that budget reconciliation is no longer limited to one vote within the fiscal year as revisions of prior budget measures can be proposed, with no limit on the number of revisions.The implications of this ruling could mean that Democrats could try and pass much of the infrastructure bill, especially the parts pertaining to social equity, through budget reconciliation.(However, Democratic Senators, such as Joe Manchin, have expressed their reservations on using budget reconciliation again this year.)7、The possibility of gaining approval to raise the corporate tax rate to 28% is highly unlikely to pass with an increase in the 22-24% range more likely.During the Trump administration, the corporate tax rate in the US was reduced from 35% to the current rate of 21%. The Biden administration has proposed raising the corporate tax rate to 28% and increase the international minimum tax rate that US companies pay on their foreign profits to 21%. The debate on corporate taxes is not a binary choice between 21% vs. 28%. Speakers cautioned that the US corporate tax rate needs to remain globally competitive and that the relative rate is what matters. Including the average 5% tax rate at the state-level raises the US corporate tax to 26%, which is “in the middle of the pack” as the average corporate tax rate for an OECD country is 24%.If the US corporate tax is raised to 28%, it effectively increases to 33% including state taxes, which is a higher rate than China or Scandinavian countries.This week, Treasury Secretary Yellen made the case for a global minimum corporate tax to address the global competitiveness issue and “avoid a race to the bottom.” The discussion on tax increases is separate from proposals to increase spending. There is no decision about how much of the infrastructure proposal needs to be paid for, or with what specific tax policy change. Nor is there a unified tax agenda and taxes will likely only be raised as much as they need to be raised. Wealth taxes are unlikely to be approved. A reversal of the state and local tax (SALT) cap, which currently hits high income earners the most, will not only be optically unappealing, it is expensive to replace and its expiration date at the end of 2025 makes it less open to debate than other measures. With slim majorities in the Senate and House, Democrats cannot afford to lose a single vote in the Senate and 3-4 votes in the House (though the House number changes daily) and many Democrats will still be hesitant to raise taxes before the 2022 election, when control of both the House and Senate is in play.8、Markets will remain focused on the risk of a disorderly rise is US bond yields as the projected $3.8trn budget deficit will require $3trn in net new US Treasury supply with ongoing concerns on whether flows will be absorbed smoothly.We look for higher yields and a steeper curve beyond the 2-year point, and our US Treasury team forecasts the 10-year yield at 1.95% at year-end. Bearish positions are focused on the 7- and 20-year points on the curve that have lacked sponsorship. Discussions on implications of the expiration of the supplementary leverage ratio (SLR) carve-out are ongoing but unresolved, with some calls by former Fed officials to at least exempt the incremental reserves that have accumulated since it began its latest securities purchase program in March 2020 as GSIB banks are among the largest buyers of US Treasuries.9、Credit markets have been immune to higher rates, equity and commodities volatility in large part due to positive technicals.While investors remain undecided between whether or not reflation will prove orderly or disorderly, issuance trends seem to reflect a much stronger statement by companies on credit market conditions going forward. Credit markets have been supported by the macroeconomic ‘sugar rush’ associated with the new Biden administration’s spending plans, and US Treasury yields have duly reacted to the specter of inflation. This debate might be entering a new phase, however. The new executive is set to unveil a program of tax increases to pay for its $2trn infrastructure spending plans, which might influence expectations of how quickly said sugar rush might fade. However, the stickiness of secondary market spreads continues to reflect underlying positioning, which does not appear excessively levered or complex. All-in funding costs have likely bottomed and companies are refinancing ‒ especially in loans ‒ and companies unencumbering assets pledged as part of rescue-financing packages last year.10、Despite the volatility and underperformance of EM FX and local markets, which could persist with the ongoing rise in US rates, EM credit valuations are attractive.EM credit valuations are attractive and cross-over and high grade investors have been gravitating to holding barbell positions in US and EM credit given attractive pickup (as much as 100bp in yield over US HY) and the low EM HY corporate default rate (JPM 2021F: 2.5%), which is expected around the levels of US HY (2.0%). EM equities haven’t appreciated much over the past decade, and rising 10-year US treasury yields has predominantly been associated with positive absolute returns for EM equities but underperformance to DM equities. Our EM equity strategists have looked back 11 years (since the GFC) and identified periods where the US 10-year yield increased by more than 50bps. During these periods, there was a median USD+3.4% EM equity gain. EM equities produced negative results in only 2 of 8 periods (25%) (See Rising US yield: more friend than foe to EM equities, Pedro Martin Junior, 7 April 2021). US-China tensions will remain in the headlines, but both the US and China have focused on domestic issues rather than each other in recent months. The Biden administration has embraced a multilateral approach to discussions with China, focusing on working with allies and international institutions, and the first meetings have included Japan, Korea and the European Union.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359660691,"gmtCreate":1616393418813,"gmtModify":1704793430621,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z59.SI\">$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$</a>any expert, please advice ??????","listText":"<a href=\"https://laohu8.com/S/Z59.SI\">$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$</a>any expert, please advice ??????","text":"$YOMA STRATEGIC HOLDINGS LTD(Z59.SI)$any expert, please advice ??????","images":[{"img":"https://static.tigerbbs.com/424ba8bbbd5c397f9507edaebb558f3d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/359660691","isVote":1,"tweetType":1,"viewCount":614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150074374,"gmtCreate":1624879243798,"gmtModify":1703846846701,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AGCB\">$Altimeter Growth Corp. 2(AGCB)$</a>buy before it ?","listText":"<a href=\"https://laohu8.com/S/AGCB\">$Altimeter Growth Corp. 2(AGCB)$</a>buy before it ?","text":"$Altimeter Growth Corp. 2(AGCB)$buy before it ?","images":[{"img":"https://static.tigerbbs.com/c5da9b771975e9dd679323ad5d2da0d6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/150074374","isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":185454471,"gmtCreate":1623669443493,"gmtModify":1704208210613,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>?????","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>?????","text":"$Alibaba(BABA)$?????","images":[{"img":"https://static.tigerbbs.com/63d5adf23576330deb6a8aabbefeb026","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/185454471","isVote":1,"tweetType":1,"viewCount":1255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9041827439,"gmtCreate":1656034739921,"gmtModify":1676535755442,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041827439","repostId":"1103591580","repostType":4,"repost":{"id":"1103591580","pubTimestamp":1656025427,"share":"https://ttm.financial/m/news/1103591580?lang=&edition=fundamental","pubTime":"2022-06-24 07:03","market":"us","language":"en","title":"Wall Street Posts Solid Gains, As Defensives, Tech Shine","url":"https://stock-news.laohu8.com/highlight/detail?id=1103591580","media":"StreetInsider","summary":"Wall Street's main indexes posted solid gains on Thursday, fueled by strong performance from defensi","content":"<html><head></head><body><p>Wall Street&#39;s main indexes posted solid gains on Thursday, fueled by strong performance from defensive and tech shares that outweighed declines for economically sensitive groups as worries persisted about a potential recession.</p><p>The benchmark S&amp;P 500 swung between positive and negative during the session, but stocks picked up steam heading into the market&#39;s close. Benchmark U.S. Treasury yields fell to two-week lows, supporting tech and other rate-sensitive growth stocks.</p><p>Trading has remained volatile in the wake of the S&amp;P 500 last week logging its biggest weekly percentage drop since March 2020. Investors are weighing how far stocks could fall after the index earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.</p><p>“There is a tremendous amount of uncertainty about the outlook and so the market is confused,” said Walter Todd, chief investment officer at Greenwood Capital in South Carolina.</p><p>The Dow Jones Industrial Average rose 194.23 points, or 0.64%, to 30,677.36, the S&amp;P 500 gained 35.84 points, or 0.95%, to 3,795.73 and the Nasdaq Composite added 179.11 points, or 1.62%, to 11,232.19.</p><p>In his second day of testifying before Congress, U.S. central bank chief Jerome Powell said the Fed&#39;s commitment to reining in 40-year-high inflation is &#34;unconditional&#34; but also comes with the risk of higher unemployment.</p><p>U.S. business activity slowed considerably in June as high inflation and declining consumer confidence dampened demand across the board, a survey on Thursday showed.</p><p>“The Fed wants to see things start to slow and the data is starting to reflect that,” said James Ragan, director of wealth management research atD.A. Davidson.</p><p>Citigroup analysts are forecasting a near 50% probability of a global recession.</p><p>“Economic growth is slowing. Is it going to slow enough to go into a recession, that’s the big question,” Ragan said.</p><p>Defensive groups considered safer bets in rocky economic times were the top-performing S&amp;P 500 sectors. Among them, utilities gained 2.4%, healthcare rose 2.2% and real estate added 2%.</p><p>The heavyweight tech sector rose 1.4%, with Microsoft gaining 2.3% and Apple up 2.2%.</p><p>The energy sector slumped 3.8%, continuing its recent pullback after soundly outperforming the market for most of 2022. Declines in Exxon Mobil and Chevron were the biggest individual drags on the S&amp;P 500, with Exxon dropping 3% and Chevron falling 3.7%.</p><p>Other economically sensitive sectors also fell. Materials lost 1.4%, while industrials and financials dipped about 0.5% each.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.41-to-1 ratio; on Nasdaq, a 1.67-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 40 new lows; the Nasdaq Composite recorded 32 new highs and 194 new lows.</p><p>About 12.4 billion shares changed hands in U.S. exchanges, compared with the 12.5 billion daily average over the last 20 sessions.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Posts Solid Gains, As Defensives, Tech Shine</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\">\nWall Street Posts Solid Gains, As Defensives, Tech Shine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-24 07:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/Market+Check/Wall+Street+posts+solid+gains%2C+as+defensives%2C+tech+shine/20245971.html><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street's main indexes posted solid gains on Thursday, fueled by strong performance from defensive and tech shares that outweighed declines for economically sensitive groups as worries persisted ...</p>\n\n<a href=\"https://www.streetinsider.com/Market+Check/Wall+Street+posts+solid+gains%2C+as+defensives%2C+tech+shine/20245971.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.streetinsider.com/Market+Check/Wall+Street+posts+solid+gains%2C+as+defensives%2C+tech+shine/20245971.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103591580","content_text":"Wall Street's main indexes posted solid gains on Thursday, fueled by strong performance from defensive and tech shares that outweighed declines for economically sensitive groups as worries persisted about a potential recession.The benchmark S&P 500 swung between positive and negative during the session, but stocks picked up steam heading into the market's close. Benchmark U.S. Treasury yields fell to two-week lows, supporting tech and other rate-sensitive growth stocks.Trading has remained volatile in the wake of the S&P 500 last week logging its biggest weekly percentage drop since March 2020. Investors are weighing how far stocks could fall after the index earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.“There is a tremendous amount of uncertainty about the outlook and so the market is confused,” said Walter Todd, chief investment officer at Greenwood Capital in South Carolina.The Dow Jones Industrial Average rose 194.23 points, or 0.64%, to 30,677.36, the S&P 500 gained 35.84 points, or 0.95%, to 3,795.73 and the Nasdaq Composite added 179.11 points, or 1.62%, to 11,232.19.In his second day of testifying before Congress, U.S. central bank chief Jerome Powell said the Fed's commitment to reining in 40-year-high inflation is \"unconditional\" but also comes with the risk of higher unemployment.U.S. business activity slowed considerably in June as high inflation and declining consumer confidence dampened demand across the board, a survey on Thursday showed.“The Fed wants to see things start to slow and the data is starting to reflect that,” said James Ragan, director of wealth management research atD.A. Davidson.Citigroup analysts are forecasting a near 50% probability of a global recession.“Economic growth is slowing. Is it going to slow enough to go into a recession, that’s the big question,” Ragan said.Defensive groups considered safer bets in rocky economic times were the top-performing S&P 500 sectors. Among them, utilities gained 2.4%, healthcare rose 2.2% and real estate added 2%.The heavyweight tech sector rose 1.4%, with Microsoft gaining 2.3% and Apple up 2.2%.The energy sector slumped 3.8%, continuing its recent pullback after soundly outperforming the market for most of 2022. Declines in Exxon Mobil and Chevron were the biggest individual drags on the S&P 500, with Exxon dropping 3% and Chevron falling 3.7%.Other economically sensitive sectors also fell. Materials lost 1.4%, while industrials and financials dipped about 0.5% each.Advancing issues outnumbered declining ones on the NYSE by a 1.41-to-1 ratio; on Nasdaq, a 1.67-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 40 new lows; the Nasdaq Composite recorded 32 new highs and 194 new lows.About 12.4 billion shares changed hands in U.S. exchanges, compared with the 12.5 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125593006,"gmtCreate":1624678783105,"gmtModify":1703843468727,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Niveee","listText":"Niveee","text":"Niveee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/125593006","repostId":"2146008543","repostType":4,"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119064751,"gmtCreate":1622509412273,"gmtModify":1704185277492,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/119064751","repostId":"1196805095","repostType":4,"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133499522,"gmtCreate":1621778825666,"gmtModify":1704362329182,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Oops","listText":"Oops","text":"Oops","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/133499522","repostId":"2137907575","repostType":4,"repost":{"id":"2137907575","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":1621610772,"share":"https://ttm.financial/m/news/2137907575?lang=&edition=fundamental","pubTime":"2021-05-21 23:26","market":"us","language":"en","title":"U.S. Congress to hold hearing on SPACs, ramping up scrutiny","url":"https://stock-news.laohu8.com/highlight/detail?id=2137907575","media":"Reuters","summary":"WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition","content":"<p>WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry.</p>\n<p>The U.S. Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a> has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank inquiry led by the agency's enforcement team. Republican Senator John Kennedy from Louisiana last month introduced a bill aimed at boosting transparency for investors in SPACs.</p>\n<p>SPACs are shell companies that raise money via a listing to acquire a private company with the purpose of taking it public, sidestepping a traditional initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> process. Critics say banks and SPAC sponsors have reaped big payoffs at a cost to later-stage investors.</p>\n<p>Monday's hearing in a House Financial Services subcommittee is aimed at SPACs, direct listings and IPOs, according to a hearing notice published on May 19. The House is considering legislation that would redefine \"blank check company\" from a key 1995 law to include special purpose acquisition companies, according to the notice.</p>\n<p>The law created a safe harbor that protects listed companies from shareholder litigation provided forward-looking statements are made in good faith, identified as such and couched in cautionary language.</p>\n<p>The safe harbor does not protect IPOs or certain blank check companies, but sponsors have generally operated on the basis that it does apply to SPAC deals, and have leaned on it heavily to issue growth projections. The SEC has been mulling guidance that would curb these projections, Reuters reported earlier this month.</p>\n<p>The prospects for the bill to become law are unclear, but it signals growing Congressional attention on the industry.</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>U.S. Congress to hold hearing on SPACs, ramping up scrutiny</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\">\nU.S. Congress to hold hearing on SPACs, ramping up scrutiny\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\">2021-05-21 23:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry.</p>\n<p>The U.S. Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a> has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank inquiry led by the agency's enforcement team. Republican Senator John Kennedy from Louisiana last month introduced a bill aimed at boosting transparency for investors in SPACs.</p>\n<p>SPACs are shell companies that raise money via a listing to acquire a private company with the purpose of taking it public, sidestepping a traditional initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> process. Critics say banks and SPAC sponsors have reaped big payoffs at a cost to later-stage investors.</p>\n<p>Monday's hearing in a House Financial Services subcommittee is aimed at SPACs, direct listings and IPOs, according to a hearing notice published on May 19. The House is considering legislation that would redefine \"blank check company\" from a key 1995 law to include special purpose acquisition companies, according to the notice.</p>\n<p>The law created a safe harbor that protects listed companies from shareholder litigation provided forward-looking statements are made in good faith, identified as such and couched in cautionary language.</p>\n<p>The safe harbor does not protect IPOs or certain blank check companies, but sponsors have generally operated on the basis that it does apply to SPAC deals, and have leaned on it heavily to issue growth projections. The SEC has been mulling guidance that would curb these projections, Reuters reported earlier this month.</p>\n<p>The prospects for the bill to become law are unclear, but it signals growing Congressional attention on the industry.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137907575","content_text":"WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry.\nThe U.S. Securities and Exchange Commission $(SEC.UK)$ has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank inquiry led by the agency's enforcement team. Republican Senator John Kennedy from Louisiana last month introduced a bill aimed at boosting transparency for investors in SPACs.\nSPACs are shell companies that raise money via a listing to acquire a private company with the purpose of taking it public, sidestepping a traditional initial public offering $(IPO.UK)$ process. Critics say banks and SPAC sponsors have reaped big payoffs at a cost to later-stage investors.\nMonday's hearing in a House Financial Services subcommittee is aimed at SPACs, direct listings and IPOs, according to a hearing notice published on May 19. The House is considering legislation that would redefine \"blank check company\" from a key 1995 law to include special purpose acquisition companies, according to the notice.\nThe law created a safe harbor that protects listed companies from shareholder litigation provided forward-looking statements are made in good faith, identified as such and couched in cautionary language.\nThe safe harbor does not protect IPOs or certain blank check companies, but sponsors have generally operated on the basis that it does apply to SPAC deals, and have leaned on it heavily to issue growth projections. The SEC has been mulling guidance that would curb these projections, Reuters reported earlier this month.\nThe prospects for the bill to become law are unclear, but it signals growing Congressional attention on the industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324197032,"gmtCreate":1615972102226,"gmtModify":1704789099453,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>cut lost or wait ?","listText":"<a href=\"https://laohu8.com/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>cut lost or wait ?","text":"$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$cut lost or wait ?","images":[{"img":"https://static.tigerbbs.com/e7b470af5a4de8a992a33a64c3dbc10a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/324197032","isVote":1,"tweetType":1,"viewCount":805,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559521312989131","authorId":"3559521312989131","authorIdStr":"3559521312989131","name":"Leon_Sze","avatar":"https://static.tigerbbs.com/1423edccbecef5f164a593336c457363","crmLevel":3,"crmLevelSwitch":0,"idStr":"3559521312989131"},"content":"At this position, it cannot drop further, and even though it could drop below 0.71-0.72, it should pull up promptly. I will hold my position.","text":"At this position, it cannot drop further, and even though it could drop below 0.71-0.72, it should pull up promptly. I will hold my position.","html":"At this position, it cannot drop further, and even though it could drop below 0.71-0.72, it should pull up promptly. I will hold my position."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9043874208,"gmtCreate":1655910850504,"gmtModify":1676535730496,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"Please 🙏🏻","listText":"Please 🙏🏻","text":"Please 🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043874208","repostId":"1115890604","repostType":4,"repost":{"id":"1115890604","pubTimestamp":1655908893,"share":"https://ttm.financial/m/news/1115890604?lang=&edition=fundamental","pubTime":"2022-06-22 22:41","market":"hk","language":"en","title":"Alibaba: Is the Worst Over?","url":"https://stock-news.laohu8.com/highlight/detail?id=1115890604","media":"TipRanks","summary":"Story HighlightsThe easing of regulatory headwinds and COVID-led restrictions will likely support Al","content":"<div>\n<p>Story HighlightsThe easing of regulatory headwinds and COVID-led restrictions will likely support Alibaba’s growth. However, macro uncertainty and softness in the cloud business are a drag.The macro ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-is-the-worst-over/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Is the Worst Over?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Is the Worst Over?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/alibaba-is-the-worst-over/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsThe easing of regulatory headwinds and COVID-led restrictions will likely support Alibaba’s growth. However, macro uncertainty and softness in the cloud business are a drag.The macro ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-is-the-worst-over/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.tipranks.com/news/article/alibaba-is-the-worst-over/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115890604","content_text":"Story HighlightsThe easing of regulatory headwinds and COVID-led restrictions will likely support Alibaba’s growth. However, macro uncertainty and softness in the cloud business are a drag.The macro weakness in China, increased competitive activity, and COVID-led disruptions have weighed on the financial performance of internet giant Alibaba (NYSE: BABA). The company’s growth decelerated sequentially over the past several quarters.Given the challenges, Alibaba stock has dropped nearly 54% from its 52-week high. While the slowdown in growth dragged its share price lower, regulatory headwinds further contributed to its decline.What’s Next?Though BABA stock has decreased substantially, COVID-led uncertainty and the economic slowdown could restrict the recovery in the short term. However, favorable government policies and easing COVID restrictions could reaccelerate growth.During last quarter’s conference call, Alibaba’s CEO, Daniel Zhang, indicated supportive government policies. Zhang stated, “Chinese government has released important policy signals on its commitment to stabilize the economy.” Moreover, “They have also issued clear statements on promoting the development of internet platform economy through a healthy, regulatory environment.”As the operating environment shows signs of improvement, US Tiger Securities analyst Bo Pei upgraded BABA stock to Buy from Hold.Pei added, “Despite the more challenging June quarter, we are upgrading BABA to BUY as we believe both revenue and profitability will bottom out and hit a long-awaited inflection point in the quarter.”The analyst expects Alibaba’s growth to improve in the second half of this year, benefitting from easier year-over-year comparisons and government stimulus.Echoing similar sentiments, Bank of America Securities analyst Eddie Leung reiterated his Buy recommendation on BABA stock.Offering updates from its virtual Innovative Conference with Alibaba, Leung said supply bottlenecks are easing. Further, Alibaba is witnessing an improvement in demand in some product categories. However, for the cloud business, “Alibaba sees resumption of some projects delayed by the lockdowns but expects an economic slowdown and moderate traffic growth among Internet sector clients to weigh on the near-term growth.”Including Pei and Leung, Alibaba has received 16 Buy recommendations. Meanwhile, two analysts remain sidelined.Overall, it sports a Strong Buy consensus rating on TipRanks. Further, the average Alibaba price target of $161.01 implies 51.2% upside potential.Bottom LineThe easing of regulatory headwinds and COVID-led restrictions will likely support Alibaba’s growth. Moreover, easier year-over-year comparisons are positive. However, uncertainty related to the pandemic, an expected softness in the cloud business, and a tough macro environment pose challenges.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187000315,"gmtCreate":1623727897337,"gmtModify":1704209750202,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187000315","repostId":"1140305126","repostType":2,"repost":{"id":"1140305126","pubTimestamp":1623722258,"share":"https://ttm.financial/m/news/1140305126?lang=&edition=fundamental","pubTime":"2021-06-15 09:57","market":"us","language":"en","title":"NIO: One EV Company To Rule Them All","url":"https://stock-news.laohu8.com/highlight/detail?id=1140305126","media":"seekingalpha","summary":"NIO has unique characteristics that make it a superior player in the EV sector.The company could find new avenues of monetization through BaaS and software licensing.NIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174 by 2023-24.Having said this, charging stations today are for the most part unprofitable. But these work a bit different from NIO’s BaaS system. A big problem with regular charging stations is that their cost of electrici","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO has unique characteristics that make it a superior player in the EV sector.</li>\n <li>The company could find new avenues of monetization through BaaS and software licensing.</li>\n <li>NIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174 by 2023-24.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e73b2f5c2c6359610a15264530773421\" tg-width=\"768\" tg-height=\"461\"><span>Eoneren/E+ via Getty ImagesThesis Summary</span></p>\n<p>NIO Inc.,(NYSE:NIO)is a fast-growing Chinese EV company with some very unique characteristics. Despite its youth and relatively small size in terms of global EV sales, NIO looks like it could one day be one of the most relevant companies in the EV sector. NIO is much more than just an EV car manufacturer, as it is also one of the most innovative companies in the space. Revolutions in charging technology and proprietary software should help NIO establish a moat, a unique selling point and can potentially create new revenue sources.</p>\n<p><b>BaaS: Another Layer of Revenue</b></p>\n<p>I have already talked extensively about NIO’s core business in previous articles. Today, I’d like to start by focusing on the implications behind one NIO’s signature characteristic: Battery-as-a-Service. (BaaS)</p>\n<p>Granted, many articles have already covered this topic too. Normally though, these focus on BaaS vs regular charging, or how BaaS technology can make NIO cars more appealing. However, in this section, I am focusing on the implications BaaS can have on NIO’s revenue, as a completely separate business, which it could one day be.</p>\n<p>NIO’s BaaS offerings have come a very long way since the company first initiated this idea. In April, the company&nbsp;reached a deal&nbsp;with Sinopec Shanghai Petrochemical Company Limited(NYSE:SHI)to create a vast network of battery swap stations. NIO aims to have over 5000 stations by 2024. Furthermore, the latest iteration of the BaaS charging system allows car-owners to swap the battery for a fully charged one in minutes and without even needing to exit their car. BaaS is the fastest way to achieve the level of convenience we have when refueling traditional gas cars, and it may perhaps be the only way.</p>\n<p>So, the question is; Can NIO monetize its BaaS, and if so how would this look? The short answer to this question is yes. Ford Motors, Inc(NYSE:F)has already entered a deal with NIO to&nbsp;make use of NIO’s charging infrastructure.</p>\n<p>Having said this, charging stations today are&nbsp;for the most part&nbsp;unprofitable. But these work a bit different from NIO’s BaaS system. A big problem with regular charging stations is that their cost of electricity is much higher than what you would pay if you charged your car at home during the night. BaaS, however, works around this, since the replacement batteries could be charged anywhere. On top of that, what we do know is that NIO will stand to benefit a lot more from this line of business thanks to government subsidies. It has been openly stated by the CCP that China is moving away from consumer-focused subsidies, in favour of&nbsp;infrastructure based subsidies.</p>\n<p>It’s still early days, but if BaaS takes off, and other producers focus on this model, NIO could stand to gain a lot from this by being a source of infrastructure and technology. For example, NIO could play a key role in providing the necessary charging infrastructure for Europe, a market which it is just recently entering.</p>\n<p><b>NIO: Monetizing knowledge</b></p>\n<p>The other key area where NIO excels, and many may not realize it, is technology and knowledge. Let’s make this clear with some numbers.</p>\n<p>According to data from Tencent Tech, NIO has 2768 patents in China, 204 in Europe and 193 patents in the United States. 1208 of the patents held in China are “innovation patents”. This is a significant fact, because “innovation patents” as classified by the Chinese are the ones whose content can be considered “groundbreaking”. To put these numbers into perspective, NIO holds&nbsp;more patents than rivals&nbsp;like Li Auto Inc.(NASDAQ:LI)and Xpeng Inc [XVEP].</p>\n<p>Diving deeper into these patents, we can see that most of these patents are related to the above-mentioned battery swap technology. Another hot topic of research today is autonomous driving. In this field, NIO has 47 patents, 64% of which are still pending. This is quite a small number if we compare it to Baidu, Inc(NASDAQ:BIDU), which boasts 632 patents. Lastly, I will note that I think one of the most successful areas where NIO is innovating is in terms of design and user interface/software. For example, the NIO ET7 features an `intelligent&nbsp;cockpit”, which is powered by NOMI, NIO’s artificial intelligence.</p>\n<p>What I am trying to say is that perhaps what some see as NIO’s weakness, could be one of its biggest strengths. Many analysts seem to have a problem with the fact that NIO doesn’t make its cars, but this aspect of the car business is becoming less and less relevant. The CEO of NVIDIA Corporation(NASDAQ:NVDA)&nbsp;has been quoted&nbsp;as saying that by 2025, cars will be sold at cost price, and it will be software sales that will provide these manufacturers revenue.</p>\n<p>It seems like the traditional car is going the way of smartphones. Putting together the components is perhaps the least important of the value-adding activities here. What’s most relevant is the operating system and the value of the brand. NIO shines in both of these areas, and this is perhaps another way in which we could say&nbsp;NIO is quite similar&nbsp;to Apple Inc(NASDAQ:AAPL).</p>\n<p><b>Valuation</b></p>\n<p>I believe the above are two strong points that highlight that NIO has potential way beyond the production of cars. Having said this, it is very hard to quantify how these advancements in innovation will change NIO’s revenues and profitability in the future. What I propose here is a valuation where we value NIO at its most basic level, through revenues achieved from car sales. However, I will defend that the P/S multiple will remain much higher than that of its “peers” given the reasons stated above.</p>\n<p>Now, let’s start with revenues and sales. At its most core level, we can predict NIO’s revenues by looking at how many cars it will produce in the next few years, and we have a good idea of what this could be. Recently, NIO renewed its&nbsp;manufacturing agreement&nbsp;with Jianghuai Automobile Group [JAC]. Supposedly, the company will be doubling its production capacity to around 240.000 units per year, at least until May 2024.</p>\n<p>Therefore, a very simple forecast of NIO’s revenues could be made based on this simple production fact. In the next 3 years, NIO will have the capacity to produce 720.000 new cars. Will they be able to sell them all? In 2020, NIO sold 43,728 vehicles. Forwards growth estimates have NIO doubling in revenue in the next year, which, assuming all revenues come from car sales and the price stays the same, would mean selling 87.456 units. If we pulled back growth to around 80% for 2022 and 50% for 2023, we would have corresponding sales of 157,420 and 236,132. This kind of growth is close to&nbsp;current estimates, and fits in quite nicely with NIO’s plans, since it seems like, by the end of this period, when the manufacturing agreement ends, NIO would be selling at near full capacity. The important point I am trying to make here is that given this recent deal, investors should not be worried about NIO’s production constraints. Furthermore, it doesn’t seem like NIO will struggle from the demand side, especially as it plans to enter the&nbsp;European EV market.</p>\n<p>Now, the second point I will argue in this valuation, is that, given the changes in how the EV sector is shaping up, we should not apply industry multiples to a stock like NIO. In my&nbsp;previous article on the company, I did this and forecasted a price for 2030 of up to $400/share. However, a case can be made that NIO should command a premium in valuation. This is because the company is, quite literally, not making cars. Rather, it’s developing a brand, proprietary technology and also changing how we think about charging.</p>\n<p>Creating batteries for cars is a business in and of itself. A successful company in this sector is Contemporary Amperex Technology [CATL]. According to&nbsp;data from Market Screener,this company has an operating margin of 13%, grew revenues by 250% last year and trades at a P/E of 114 and a P/S of around 25.</p>\n<p>On the other hand, as car manufacturers begin to focus on delivering cars with an integrated operating system and software, we may see company’s like NIO trade at valuation multiples more in line with that of SaaS companies. Companies that sell software, like Adobe, Inc.(NASDAQ:ADBE)or Salesforce.com(NYSE:CRM)trade at P/S multiples of 15-20.</p>\n<p>If NIO were to sell 236,132 cars in 2023-2024 at an average price of $57,000, it would bring in $13,440 million in revenue. Assuming no dilution, this would imply roughly $10.25 of revenue/share. Given the fact that NIO could also begin to monetize its BaaS offerings, and that the company could even license its software and technology to other players, I feel like today’s P/S of 17 should be maintained, if not expanded. Growth may slow down, but we have to put a value on the assets NIO has in the form of patents and technology.</p>\n<p>In conclusion, my price target for NIO would be $174/share by the end of 2023.</p>\n<p><b>Risks</b></p>\n<p>Having said this, there are some potential risks that the company faces in today’s environment. Firstly, and even though I see this mostly as a strength, not having its own manufacturing facilities can be seen as a disadvantage. If push comes to shove, JAC could refuse to honour their manufacturing contract, though I am sure this would be expensive.</p>\n<p>On another note, it is still not clear how widely adopted BaaS technology will be. Traditional charging spots are getting more advanced and, thanks to renewable sources of energy, such as solar, these charging stations could soon provide much more competitive charging rates. Clearly, NIO will have to partner up with other manufacturers to make BaaS a worldwide reality.</p>\n<p>Lastly, it is worth mentioning that, despite the high growth and improving profitability, it is very much on the cards to see further shareholder dilution, something which the valuation above did not account for.</p>\n<p><b>Takeaway</b></p>\n<p>NIO’s success over the last few years will ultimately be what makes the company successful in the future. NIO has found a way to innovate left, right and centre. It has changed the concept of charging through BaaS. It has also executed this innovation by building battery swap stations that are incredibly fast. It has innovated in terms of software and style, and I do not doubt that the company will continue to do so in the future. Ultimately, NIO is much more than an EV manufacturer and should be valued as such.</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>NIO: One EV Company To Rule Them All</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: One EV Company To Rule Them All\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4434788-nio-one-ev-company-to-rule-them-all><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO has unique characteristics that make it a superior player in the EV sector.\nThe company could find new avenues of monetization through BaaS and software licensing.\nNIO commands high ...</p>\n\n<a href=\"https://seekingalpha.com/article/4434788-nio-one-ev-company-to-rule-them-all\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4434788-nio-one-ev-company-to-rule-them-all","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140305126","content_text":"Summary\n\nNIO has unique characteristics that make it a superior player in the EV sector.\nThe company could find new avenues of monetization through BaaS and software licensing.\nNIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174 by 2023-24.\n\nEoneren/E+ via Getty ImagesThesis Summary\nNIO Inc.,(NYSE:NIO)is a fast-growing Chinese EV company with some very unique characteristics. Despite its youth and relatively small size in terms of global EV sales, NIO looks like it could one day be one of the most relevant companies in the EV sector. NIO is much more than just an EV car manufacturer, as it is also one of the most innovative companies in the space. Revolutions in charging technology and proprietary software should help NIO establish a moat, a unique selling point and can potentially create new revenue sources.\nBaaS: Another Layer of Revenue\nI have already talked extensively about NIO’s core business in previous articles. Today, I’d like to start by focusing on the implications behind one NIO’s signature characteristic: Battery-as-a-Service. (BaaS)\nGranted, many articles have already covered this topic too. Normally though, these focus on BaaS vs regular charging, or how BaaS technology can make NIO cars more appealing. However, in this section, I am focusing on the implications BaaS can have on NIO’s revenue, as a completely separate business, which it could one day be.\nNIO’s BaaS offerings have come a very long way since the company first initiated this idea. In April, the company reached a deal with Sinopec Shanghai Petrochemical Company Limited(NYSE:SHI)to create a vast network of battery swap stations. NIO aims to have over 5000 stations by 2024. Furthermore, the latest iteration of the BaaS charging system allows car-owners to swap the battery for a fully charged one in minutes and without even needing to exit their car. BaaS is the fastest way to achieve the level of convenience we have when refueling traditional gas cars, and it may perhaps be the only way.\nSo, the question is; Can NIO monetize its BaaS, and if so how would this look? The short answer to this question is yes. Ford Motors, Inc(NYSE:F)has already entered a deal with NIO to make use of NIO’s charging infrastructure.\nHaving said this, charging stations today are for the most part unprofitable. But these work a bit different from NIO’s BaaS system. A big problem with regular charging stations is that their cost of electricity is much higher than what you would pay if you charged your car at home during the night. BaaS, however, works around this, since the replacement batteries could be charged anywhere. On top of that, what we do know is that NIO will stand to benefit a lot more from this line of business thanks to government subsidies. It has been openly stated by the CCP that China is moving away from consumer-focused subsidies, in favour of infrastructure based subsidies.\nIt’s still early days, but if BaaS takes off, and other producers focus on this model, NIO could stand to gain a lot from this by being a source of infrastructure and technology. For example, NIO could play a key role in providing the necessary charging infrastructure for Europe, a market which it is just recently entering.\nNIO: Monetizing knowledge\nThe other key area where NIO excels, and many may not realize it, is technology and knowledge. Let’s make this clear with some numbers.\nAccording to data from Tencent Tech, NIO has 2768 patents in China, 204 in Europe and 193 patents in the United States. 1208 of the patents held in China are “innovation patents”. This is a significant fact, because “innovation patents” as classified by the Chinese are the ones whose content can be considered “groundbreaking”. To put these numbers into perspective, NIO holds more patents than rivals like Li Auto Inc.(NASDAQ:LI)and Xpeng Inc [XVEP].\nDiving deeper into these patents, we can see that most of these patents are related to the above-mentioned battery swap technology. Another hot topic of research today is autonomous driving. In this field, NIO has 47 patents, 64% of which are still pending. This is quite a small number if we compare it to Baidu, Inc(NASDAQ:BIDU), which boasts 632 patents. Lastly, I will note that I think one of the most successful areas where NIO is innovating is in terms of design and user interface/software. For example, the NIO ET7 features an `intelligent cockpit”, which is powered by NOMI, NIO’s artificial intelligence.\nWhat I am trying to say is that perhaps what some see as NIO’s weakness, could be one of its biggest strengths. Many analysts seem to have a problem with the fact that NIO doesn’t make its cars, but this aspect of the car business is becoming less and less relevant. The CEO of NVIDIA Corporation(NASDAQ:NVDA) has been quoted as saying that by 2025, cars will be sold at cost price, and it will be software sales that will provide these manufacturers revenue.\nIt seems like the traditional car is going the way of smartphones. Putting together the components is perhaps the least important of the value-adding activities here. What’s most relevant is the operating system and the value of the brand. NIO shines in both of these areas, and this is perhaps another way in which we could say NIO is quite similar to Apple Inc(NASDAQ:AAPL).\nValuation\nI believe the above are two strong points that highlight that NIO has potential way beyond the production of cars. Having said this, it is very hard to quantify how these advancements in innovation will change NIO’s revenues and profitability in the future. What I propose here is a valuation where we value NIO at its most basic level, through revenues achieved from car sales. However, I will defend that the P/S multiple will remain much higher than that of its “peers” given the reasons stated above.\nNow, let’s start with revenues and sales. At its most core level, we can predict NIO’s revenues by looking at how many cars it will produce in the next few years, and we have a good idea of what this could be. Recently, NIO renewed its manufacturing agreement with Jianghuai Automobile Group [JAC]. Supposedly, the company will be doubling its production capacity to around 240.000 units per year, at least until May 2024.\nTherefore, a very simple forecast of NIO’s revenues could be made based on this simple production fact. In the next 3 years, NIO will have the capacity to produce 720.000 new cars. Will they be able to sell them all? In 2020, NIO sold 43,728 vehicles. Forwards growth estimates have NIO doubling in revenue in the next year, which, assuming all revenues come from car sales and the price stays the same, would mean selling 87.456 units. If we pulled back growth to around 80% for 2022 and 50% for 2023, we would have corresponding sales of 157,420 and 236,132. This kind of growth is close to current estimates, and fits in quite nicely with NIO’s plans, since it seems like, by the end of this period, when the manufacturing agreement ends, NIO would be selling at near full capacity. The important point I am trying to make here is that given this recent deal, investors should not be worried about NIO’s production constraints. Furthermore, it doesn’t seem like NIO will struggle from the demand side, especially as it plans to enter the European EV market.\nNow, the second point I will argue in this valuation, is that, given the changes in how the EV sector is shaping up, we should not apply industry multiples to a stock like NIO. In my previous article on the company, I did this and forecasted a price for 2030 of up to $400/share. However, a case can be made that NIO should command a premium in valuation. This is because the company is, quite literally, not making cars. Rather, it’s developing a brand, proprietary technology and also changing how we think about charging.\nCreating batteries for cars is a business in and of itself. A successful company in this sector is Contemporary Amperex Technology [CATL]. According to data from Market Screener,this company has an operating margin of 13%, grew revenues by 250% last year and trades at a P/E of 114 and a P/S of around 25.\nOn the other hand, as car manufacturers begin to focus on delivering cars with an integrated operating system and software, we may see company’s like NIO trade at valuation multiples more in line with that of SaaS companies. Companies that sell software, like Adobe, Inc.(NASDAQ:ADBE)or Salesforce.com(NYSE:CRM)trade at P/S multiples of 15-20.\nIf NIO were to sell 236,132 cars in 2023-2024 at an average price of $57,000, it would bring in $13,440 million in revenue. Assuming no dilution, this would imply roughly $10.25 of revenue/share. Given the fact that NIO could also begin to monetize its BaaS offerings, and that the company could even license its software and technology to other players, I feel like today’s P/S of 17 should be maintained, if not expanded. Growth may slow down, but we have to put a value on the assets NIO has in the form of patents and technology.\nIn conclusion, my price target for NIO would be $174/share by the end of 2023.\nRisks\nHaving said this, there are some potential risks that the company faces in today’s environment. Firstly, and even though I see this mostly as a strength, not having its own manufacturing facilities can be seen as a disadvantage. If push comes to shove, JAC could refuse to honour their manufacturing contract, though I am sure this would be expensive.\nOn another note, it is still not clear how widely adopted BaaS technology will be. Traditional charging spots are getting more advanced and, thanks to renewable sources of energy, such as solar, these charging stations could soon provide much more competitive charging rates. Clearly, NIO will have to partner up with other manufacturers to make BaaS a worldwide reality.\nLastly, it is worth mentioning that, despite the high growth and improving profitability, it is very much on the cards to see further shareholder dilution, something which the valuation above did not account for.\nTakeaway\nNIO’s success over the last few years will ultimately be what makes the company successful in the future. NIO has found a way to innovate left, right and centre. It has changed the concept of charging through BaaS. It has also executed this innovation by building battery swap stations that are incredibly fast. It has innovated in terms of software and style, and I do not doubt that the company will continue to do so in the future. Ultimately, NIO is much more than an EV manufacturer and should be valued as such.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118971141,"gmtCreate":1622716383883,"gmtModify":1704189544735,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AGC\">$AGC 20210618 15.0 CALL(AGC)$</a>sighhh , limited time left to be in the money. Help","listText":"<a href=\"https://laohu8.com/S/AGC\">$AGC 20210618 15.0 CALL(AGC)$</a>sighhh , limited time left to be in the money. Help","text":"$AGC 20210618 15.0 CALL(AGC)$sighhh , limited time left to be in the money. Help","images":[{"img":"https://static.tigerbbs.com/bdef1114dfbcd055a810a9ea32fd2b8c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/118971141","isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":113807928,"gmtCreate":1622601031464,"gmtModify":1704187119886,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/528.SI\">$SECOND CHANCE PROPERTIES LTD(528.SI)$</a>gold and property ???","listText":"<a href=\"https://laohu8.com/S/528.SI\">$SECOND CHANCE PROPERTIES LTD(528.SI)$</a>gold and property ???","text":"$SECOND CHANCE PROPERTIES LTD(528.SI)$gold and property ???","images":[{"img":"https://static.tigerbbs.com/3c97bb89556ba1139239d0c7a5128bcb","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113807928","isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":119067668,"gmtCreate":1622509434254,"gmtModify":1704185278807,"author":{"id":"3559086518230868","authorId":"3559086518230868","authorIdStr":"3559086518230868","name":"Everythingibuygoesupppwinbigbig","avatar":"https://static.tigerbbs.com/9d617261b5761f846aa77f568df27373","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559086518230868"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119067668","repostId":"1138201380","repostType":4,"repost":{"id":"1138201380","pubTimestamp":1622508856,"share":"https://ttm.financial/m/news/1138201380?lang=&edition=fundamental","pubTime":"2021-06-01 08:54","market":"hk","language":"en","title":"Bank of America names its 'best' stocks to play the U.S. and global recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=1138201380","media":"CNBC","summary":"Analysts fromBank of Americahave picked stocks set to get a boost as economies in the U.S. and Europ","content":"<div>\n<p>Analysts fromBank of Americahave picked stocks set to get a boost as economies in the U.S. and Europe recover from the coronavirus pandemic.“We highlight stock opportunities in both regions poised to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/31/stocks-picks-for-the-us-and-european-economic-recovery-bank-of-america.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; 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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\">\nBank of America names its 'best' stocks to play the U.S. and global recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 08:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/31/stocks-picks-for-the-us-and-european-economic-recovery-bank-of-america.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Analysts fromBank of Americahave picked stocks set to get a boost as economies in the U.S. and Europe recover from the coronavirus pandemic.“We highlight stock opportunities in both regions poised to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/31/stocks-picks-for-the-us-and-european-economic-recovery-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行"},"source_url":"https://www.cnbc.com/2021/05/31/stocks-picks-for-the-us-and-european-economic-recovery-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1138201380","content_text":"Analysts fromBank of Americahave picked stocks set to get a boost as economies in the U.S. and Europe recover from the coronavirus pandemic.“We highlight stock opportunities in both regions poised to benefit against the current backdrop (stronger relative ... US growth and rising inflation), as well as beneficiaries of the faster-than-expected re-opening in Europe,” the bank’s analysts wrote in a note published Wednesday.The bank added stocks to its “Best Ideas List,” some of which it said were set for a particularly strong bounce and positive growth. “The companies range from airlines to online fashion retail to healthcare supplies and insurance,” the analysts, led by Jill Carey Hall, wrote.BofA’s “best” stock picks include:Luxury and retailLuxury online fashion retailerFarfetchis a pick for the bank, which said it is “a good way to gain exposure to North America and especially the U.S., which is the group’s single largest country exposure.” It comes as the bank noted a sharp rise in demand for luxury goods in March. The bank also picked ecommerce retailerAsosand duty-free operatorDufry.FoodBofA likes salmon supplierAtlantic Sapphireas it is building a large-scale land-based farm in Miami — making it the first local producer for the U.S. market. This is likely to make it “the most cost effective and sustainable salmon supplier” in the country. The bank also pickedAAK, a Swedish specialist producer of fats and oils, which it said is tapping into a U.S. trend for plant-based foods as well as a rise in chocolate consumption.Airlines and aerospaceBritish Airways-ownerIAGis a pick for BofA as it “could see a strong swing in both sentiment and earnings momentum as the economy opens up.” Europe is set to be the most popular travel destination for Americans once travel restrictions are lifted, according to a survey the bank carried out in March, which is set to benefit the airline stock. German aircraft engine manufacturerMTU Aero Enginesis also a pick.Metals and manufacturingGerman steel and engineering firmThyssenkruppis set to benefit from a V-shaped recovery after the coronavirus pandemic, BofA’s analysts said. “There are discussions about a potential lifting of US tariffs on European metals. If this happens, we’d expect to see European steel prices bid up,” they wrote.Spirax Sarco, a British firm that makes steam management systems, is also a pick for its mix of direct and distributor sales, and could see “particularly strong” growth this year. French semiconductor materials manufacturerSoitecis also on the bank’s list for its 5G smartphone tech.The Bank of America research note was focused on small and mid-caps in each region, and the analysts noted they were now overweight on small caps in both Europe and the U.S.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}