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Danielng

Danielng

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12-20 13:43

$BABA-W(09988)$ lanpa stock

12-11

Btc bull shitting his pants

Google's Quantum Willow Chip "Lightyears" From Cracking Bitcoin: Expert

11-14

Lol Reuters. Missed earnings? Missed by how much? You really crap lah

China's JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending

10-23

Fark off

China's Singles' Day sales festival fails to inspire consumers

10-21

This article is useless - so the only argument it makes on stimmy not enough is coz the share prices dropped? Idiotic

Alibaba, JD.com, NIO Stocks Fall. Why New China Stimulus Fell Short

10-18

This author is obviously dumb

China ETFs Join Cathie Wood’s as Biggest Wealth Destroyers in US

09-29

Dumb

Alibaba Breather (Rating Downgrade)

09-26

Ran away still say be cautious. Bye

Alibaba: This Is The Buying Moment I've Been Waiting For

09-25

Yeah wait some more. Wiat for it to go up before you recommend all in!

China Stock-Market Jump May Be "Tradable Rally" - but Approach with Caution

09-22

Oooo. You can see rhe. Future. Ooo

Sorry, the Fed Can't Save Us From a Bear Market

09-20

Meh. Name me a competitor.

Meituan’s 63% Stock Surge Faces Risks in China Consumer Malaise

09-17

Soft your lj

Alibaba Should Keep Rising From Here

09-16

moon [smile]

05-14

Great article, would you like to share it?

Alibaba Stock Has Surged on China Growth Hopes. Earnings Could Derail the Rally

02-01

Wah lan eh. Farking waste time article.

Was Jack Ma "Buying the Dip" in Alibaba, Or Is There Something More?

01-25

lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?

@N30:$Alibaba(BABA)$ My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz. @CaptainTiger

01-24

Fark up article. Say like didn't say. So should I buy it don't buy you cb

Alibaba Stock Jumps as Jack Ma Buys Shares. Should Investors Do the Same?

01-14

[Tongue] [Sad] [Tongue] [Sad] [Grin] [Sad] [Grin] [Sad] [Sad]

01-13

[Grin] [Sad] [Tongue] [Sad] [Sly] [Glance] [Sad] [Grin] [Sad] [Surprised]

01-12

[Smug] [Sad] [Speechless] [Tongue] [Tongue] [Speechless] [Tongue] [Speechless]

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> lanpa stock&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> lanpa stock&nbsp;","text":"$BABA-W(09988)$ lanpa stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383516982161840","isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380309386301976,"gmtCreate":1733891870582,"gmtModify":1733894000403,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Btc bull shitting his pants","listText":"Btc bull shitting his pants","text":"Btc bull shitting his pants","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/380309386301976","repostId":"1135373801","repostType":4,"repost":{"id":"1135373801","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1733886455,"share":"https://ttm.financial/m/news/1135373801?lang=&edition=fundamental","pubTime":"2024-12-11 11:07","market":"us","language":"en","title":"Google's Quantum Willow Chip \"Lightyears\" From Cracking Bitcoin: Expert","url":"https://stock-news.laohu8.com/highlight/detail?id=1135373801","media":"Benzinga","summary":"KEY POINTSGoogle's newly unveiled quantum Willow chip turns heads in the tech world.An expert says the technology is still far away from breaking through Bitcoin's encryption.Alphabet Inc‘s new “Willo","content":"<html><head></head><body><h4 id=\"id_3544873544\" style=\"text-align: start;\">KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Google&#39;s newly unveiled quantum Willow chip turns heads in the tech world.</p></li><li><p>An expert says the technology is still far away from breaking through Bitcoin&#39;s encryption.</p></li></ul><p>Alphabet Inc‘s new “Willow” quantum computing chip has turned heads in the tech world. The chip, unveiled Monday, showed that it can do a benchmark computation in five minutes that supercomputers would take 10 septillion years to complete.</p><p>Theoretically, a powerful computer could break through Bitcoin’s encryption, a risk for the cryptocurrency. Himanshu Maradiya, the CEO of CIFDAQ, a blockchain ecosystem company, is unperturbed.</p><p>“The idea of quantum computers cracking Bitcoin is captivating, but it&#39;s still far off. <strong>Google&#39;s Willow chip, with 105 qubits, is impressive, but it&#39;s lightyears away from the millions needed to challenge Bitcoin&#39;s security</strong>,” Maradiya told Benzinga in an email.</p><p>“Think of qubits as the ‘power cores&#39; — the more you have, the more powerful the computer. Even though Willow&#39;s qubits are groundbreaking and hold promise for addressing complex challenges, such as climate modeling and drug discovery, it&#39;s still not enough to break Bitcoin&#39;s encryption,” he added.</p><p>The executive said major obstacles remain and cryptocurrency organizations are already building security solutions to prevent such an event.</p><p>The implications of Willow go beyond cryptocurrency. Experts see its potential in revolutionizing industries like health care, where quantum computing could accelerate drug discovery and climate science, enabling more accurate environmental modeling.</p><p>As quantum computing continues to evolve, the tech and financial worlds remain on high alert, ensuring systems are prepared for the eventual rise of quantum capabilities. Meanwhile, Bitcoin and other cryptocurrencies will rely on innovation to maintain their resilience against technological threats.</p><p>Quantum computing stocks have seen a significant surge in the final months of 2024.</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>Google's Quantum Willow Chip \"Lightyears\" From Cracking Bitcoin: Expert</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\">\nGoogle's Quantum Willow Chip \"Lightyears\" From Cracking Bitcoin: Expert\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\">2024-12-11 11:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_3544873544\" style=\"text-align: start;\">KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Google&#39;s newly unveiled quantum Willow chip turns heads in the tech world.</p></li><li><p>An expert says the technology is still far away from breaking through Bitcoin&#39;s encryption.</p></li></ul><p>Alphabet Inc‘s new “Willow” quantum computing chip has turned heads in the tech world. The chip, unveiled Monday, showed that it can do a benchmark computation in five minutes that supercomputers would take 10 septillion years to complete.</p><p>Theoretically, a powerful computer could break through Bitcoin’s encryption, a risk for the cryptocurrency. Himanshu Maradiya, the CEO of CIFDAQ, a blockchain ecosystem company, is unperturbed.</p><p>“The idea of quantum computers cracking Bitcoin is captivating, but it&#39;s still far off. <strong>Google&#39;s Willow chip, with 105 qubits, is impressive, but it&#39;s lightyears away from the millions needed to challenge Bitcoin&#39;s security</strong>,” Maradiya told Benzinga in an email.</p><p>“Think of qubits as the ‘power cores&#39; — the more you have, the more powerful the computer. Even though Willow&#39;s qubits are groundbreaking and hold promise for addressing complex challenges, such as climate modeling and drug discovery, it&#39;s still not enough to break Bitcoin&#39;s encryption,” he added.</p><p>The executive said major obstacles remain and cryptocurrency organizations are already building security solutions to prevent such an event.</p><p>The implications of Willow go beyond cryptocurrency. Experts see its potential in revolutionizing industries like health care, where quantum computing could accelerate drug discovery and climate science, enabling more accurate environmental modeling.</p><p>As quantum computing continues to evolve, the tech and financial worlds remain on high alert, ensuring systems are prepared for the eventual rise of quantum capabilities. Meanwhile, Bitcoin and other cryptocurrencies will rely on innovation to maintain their resilience against technological threats.</p><p>Quantum computing stocks have seen a significant surge in the final months of 2024.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLSK":"CleanSpark, Inc.","GOOG":"谷歌","MSTR":"MicroStrategy","COIN":"Coinbase Global, Inc.","CAN":"嘉楠科技","MARA":"MARA Holdings","BTBT":"Bit Digital, Inc.","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135373801","content_text":"KEY POINTSGoogle's newly unveiled quantum Willow chip turns heads in the tech world.An expert says the technology is still far away from breaking through Bitcoin's encryption.Alphabet Inc‘s new “Willow” quantum computing chip has turned heads in the tech world. The chip, unveiled Monday, showed that it can do a benchmark computation in five minutes that supercomputers would take 10 septillion years to complete.Theoretically, a powerful computer could break through Bitcoin’s encryption, a risk for the cryptocurrency. Himanshu Maradiya, the CEO of CIFDAQ, a blockchain ecosystem company, is unperturbed.“The idea of quantum computers cracking Bitcoin is captivating, but it's still far off. Google's Willow chip, with 105 qubits, is impressive, but it's lightyears away from the millions needed to challenge Bitcoin's security,” Maradiya told Benzinga in an email.“Think of qubits as the ‘power cores' — the more you have, the more powerful the computer. Even though Willow's qubits are groundbreaking and hold promise for addressing complex challenges, such as climate modeling and drug discovery, it's still not enough to break Bitcoin's encryption,” he added.The executive said major obstacles remain and cryptocurrency organizations are already building security solutions to prevent such an event.The implications of Willow go beyond cryptocurrency. Experts see its potential in revolutionizing industries like health care, where quantum computing could accelerate drug discovery and climate science, enabling more accurate environmental modeling.As quantum computing continues to evolve, the tech and financial worlds remain on high alert, ensuring systems are prepared for the eventual rise of quantum capabilities. Meanwhile, Bitcoin and other cryptocurrencies will rely on innovation to maintain their resilience against technological threats.Quantum computing stocks have seen a significant surge in the final months of 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370927743299664,"gmtCreate":1731576701855,"gmtModify":1731577294464,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Lol Reuters. Missed earnings? Missed by how much? You really crap lah&nbsp;","listText":"Lol Reuters. Missed earnings? Missed by how much? You really crap lah&nbsp;","text":"Lol Reuters. Missed earnings? Missed by how much? You really crap lah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370927743299664","repostId":"1114264961","repostType":2,"repost":{"id":"1114264961","kind":"news","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":1731575181,"share":"https://ttm.financial/m/news/1114264961?lang=&edition=fundamental","pubTime":"2024-11-14 17:06","market":"us","language":"en","title":"China's JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending","url":"https://stock-news.laohu8.com/highlight/detail?id=1114264961","media":"Reuters","summary":"JD.com: 24Q3 Revenue Hits 260.39 Billion Yuan, up from 247.7 Billion Yuan Last Year.JD.com shares dropped 2.8% in premarket trading.","content":"<html><head></head><body><p>Nov 14 (Reuters) - Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending.</p><p>JD.com shares dropped 2.8% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/448085bf2701e8561ad053121f513ace\" title=\"\" tg-width=\"539\" tg-height=\"154\"/></p><p>A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in the world&#39;s second-largest economy, hurting retail sales.</p><p>While the Chinese government has outlined stimulus measures to prop up economic growth, the lack of solid steps to boost consumption has also weighed on sentiment.</p><p>JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.</p><p>Net income attributable to JD.com&#39;s ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8% from a year earlier.</p><p>($1 = 7.2428 Chinese yuan renminbi)</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 JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending</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 JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending\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\">2024-11-14 17:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 14 (Reuters) - Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending.</p><p>JD.com shares dropped 2.8% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/448085bf2701e8561ad053121f513ace\" title=\"\" tg-width=\"539\" tg-height=\"154\"/></p><p>A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in the world&#39;s second-largest economy, hurting retail sales.</p><p>While the Chinese government has outlined stimulus measures to prop up economic growth, the lack of solid steps to boost consumption has also weighed on sentiment.</p><p>JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.</p><p>Net income attributable to JD.com&#39;s ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8% from a year earlier.</p><p>($1 = 7.2428 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09618":"京东集团-SW","JD":"京东"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114264961","content_text":"Nov 14 (Reuters) - Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending.JD.com shares dropped 2.8% in premarket trading.A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in the world's second-largest economy, hurting retail sales.While the Chinese government has outlined stimulus measures to prop up economic growth, the lack of solid steps to boost consumption has also weighed on sentiment.JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.Net income attributable to JD.com's ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8% from a year earlier.($1 = 7.2428 Chinese yuan renminbi)","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363096589193224,"gmtCreate":1729689241781,"gmtModify":1729689366530,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Fark off","listText":"Fark off","text":"Fark off","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363096589193224","repostId":"2477001888","repostType":2,"repost":{"id":"2477001888","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1729588735,"share":"https://ttm.financial/m/news/2477001888?lang=&edition=fundamental","pubTime":"2024-10-22 17:18","market":"sh","language":"en","title":"China's Singles' Day sales festival fails to inspire consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2477001888","media":"Reuters","summary":"By Casey Hall and Sophie Yu      SHANGHAI, Oct 22 (Reuters) - China's largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consu","content":"<html><body><p>By Casey Hall and Sophie Yu</p><p>      SHANGHAI, Oct 22 (Reuters) - China's largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the country's economic woes.</p><p>   The Singles Day shopping extravaganza, which began last week, has morphed from an Alibaba    event aimed at persuading single people to pamper themselves to a weeks-long festival that peaks on Nov. 11 across all of China's major e-commerce platforms as well as in bricks-and-mortar stores.</p><p>   Furniture vendor Wu Qian, said he registered on JD.com</p><p>  this year because it was an opportunity to clear inventory and perhaps eke out a small profit. But he is not expecting the event to show overall sales growth. </p><p>   \"Consumers no longer wait for shopping festivals to shop,\" he said, adding that diversification in China's e-commerce platforms meant they had an array of choices all year round.</p><p>   A property sector in crisis, trade tensions and regulatory crackdowns on a number of industries have all played a part in sputtering growth for the world's second-largest economy over recent years, resulting in job insecurity for many Chinese.</p><p>   Beijing outlined stimulus measures in late September to prop up the world's second-largest economy but many have yet to be detailed, let alone impact consumer confidence in a significant way.</p><p>   Last year, cumulative gross merchandising volume <a href=\"https://laohu8.com/S/GMV.AU\">$(GMV.AU)$</a> sales across major e-commerce platforms rose 2% to 1.14 trillion yuan ($156 billion), according to an estimate from data provider Syntun. That's a far cry from the double-digit growth that was once the norm.</p><p>   \"It’s all pretty quiet now,\" said Lu Zhengwang, an independent e-commerce expert. \"Vendors are becoming more rational, GMV is not the core pursuit, profit is. However, profit is hard to reach, the competition is still super intense, and only cheaper-price sells.\"</p><p>   Heavy discounting has been a hallmark of e-commerce in China for the best part of two years as Alibaba and JD.com fend off competition from low priced rivals such as PDD-owned    Pinduoduo, squeezing the profits of thousands of small businesses.</p><p>   This Singles' Day, there have been signs that the pressure has eased with Alibaba's domestic e-commerce arm announcing a raft of merchant friendly policies. JD.com and PDD have also flagged merchant support initiatives.</p><p>   \"I think platforms now understand that putting pressure on brands to lower prices means they don't have the money to pay for their ads,\" said Jacob Cooke, CEO of e-commerce consultancy WPIC Marketing + Technologies.</p><p>   Zheng Li, 46, says she used to take Singles Day very seriously, snatching up deals on clothes and everyday goods but no longer.</p><p>   \"This year, I really can't find any inspiration,\" she said. \"Maybe I'll buy a down jacket for my son.\" </p><p> (Reporting by Casey Hall and Sophie Yu; Editing by Miyoung Kim and Edwina Gibbs)</p><p>((Casey.Hall@thomsonreuters.com;))</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 Singles' Day sales festival fails to inspire consumers</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 Singles' Day sales festival fails to inspire consumers\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\">2024-10-22 17:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>By Casey Hall and Sophie Yu</p><p>      SHANGHAI, Oct 22 (Reuters) - China's largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the country's economic woes.</p><p>   The Singles Day shopping extravaganza, which began last week, has morphed from an Alibaba    event aimed at persuading single people to pamper themselves to a weeks-long festival that peaks on Nov. 11 across all of China's major e-commerce platforms as well as in bricks-and-mortar stores.</p><p>   Furniture vendor Wu Qian, said he registered on JD.com</p><p>  this year because it was an opportunity to clear inventory and perhaps eke out a small profit. But he is not expecting the event to show overall sales growth. </p><p>   \"Consumers no longer wait for shopping festivals to shop,\" he said, adding that diversification in China's e-commerce platforms meant they had an array of choices all year round.</p><p>   A property sector in crisis, trade tensions and regulatory crackdowns on a number of industries have all played a part in sputtering growth for the world's second-largest economy over recent years, resulting in job insecurity for many Chinese.</p><p>   Beijing outlined stimulus measures in late September to prop up the world's second-largest economy but many have yet to be detailed, let alone impact consumer confidence in a significant way.</p><p>   Last year, cumulative gross merchandising volume <a href=\"https://laohu8.com/S/GMV.AU\">$(GMV.AU)$</a> sales across major e-commerce platforms rose 2% to 1.14 trillion yuan ($156 billion), according to an estimate from data provider Syntun. That's a far cry from the double-digit growth that was once the norm.</p><p>   \"It’s all pretty quiet now,\" said Lu Zhengwang, an independent e-commerce expert. \"Vendors are becoming more rational, GMV is not the core pursuit, profit is. However, profit is hard to reach, the competition is still super intense, and only cheaper-price sells.\"</p><p>   Heavy discounting has been a hallmark of e-commerce in China for the best part of two years as Alibaba and JD.com fend off competition from low priced rivals such as PDD-owned    Pinduoduo, squeezing the profits of thousands of small businesses.</p><p>   This Singles' Day, there have been signs that the pressure has eased with Alibaba's domestic e-commerce arm announcing a raft of merchant friendly policies. JD.com and PDD have also flagged merchant support initiatives.</p><p>   \"I think platforms now understand that putting pressure on brands to lower prices means they don't have the money to pay for their ads,\" said Jacob Cooke, CEO of e-commerce consultancy WPIC Marketing + Technologies.</p><p>   Zheng Li, 46, says she used to take Singles Day very seriously, snatching up deals on clothes and everyday goods but no longer.</p><p>   \"This year, I really can't find any inspiration,\" she said. \"Maybe I'll buy a down jacket for my son.\" </p><p> (Reporting by Casey Hall and Sophie Yu; Editing by Miyoung Kim and Edwina Gibbs)</p><p>((Casey.Hall@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09618":"京东集团-SW","09988":"阿里巴巴-W","PDD":"拼多多","BABA":"阿里巴巴","JD":"京东"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2477001888","content_text":"By Casey Hall and Sophie Yu      SHANGHAI, Oct 22 (Reuters) - China's largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the country's economic woes.   The Singles Day shopping extravaganza, which began last week, has morphed from an Alibaba    event aimed at persuading single people to pamper themselves to a weeks-long festival that peaks on Nov. 11 across all of China's major e-commerce platforms as well as in bricks-and-mortar stores.   Furniture vendor Wu Qian, said he registered on JD.com  this year because it was an opportunity to clear inventory and perhaps eke out a small profit. But he is not expecting the event to show overall sales growth.    \"Consumers no longer wait for shopping festivals to shop,\" he said, adding that diversification in China's e-commerce platforms meant they had an array of choices all year round.   A property sector in crisis, trade tensions and regulatory crackdowns on a number of industries have all played a part in sputtering growth for the world's second-largest economy over recent years, resulting in job insecurity for many Chinese.   Beijing outlined stimulus measures in late September to prop up the world's second-largest economy but many have yet to be detailed, let alone impact consumer confidence in a significant way.   Last year, cumulative gross merchandising volume $(GMV.AU)$ sales across major e-commerce platforms rose 2% to 1.14 trillion yuan ($156 billion), according to an estimate from data provider Syntun. That's a far cry from the double-digit growth that was once the norm.   \"It’s all pretty quiet now,\" said Lu Zhengwang, an independent e-commerce expert. \"Vendors are becoming more rational, GMV is not the core pursuit, profit is. However, profit is hard to reach, the competition is still super intense, and only cheaper-price sells.\"   Heavy discounting has been a hallmark of e-commerce in China for the best part of two years as Alibaba and JD.com fend off competition from low priced rivals such as PDD-owned    Pinduoduo, squeezing the profits of thousands of small businesses.   This Singles' Day, there have been signs that the pressure has eased with Alibaba's domestic e-commerce arm announcing a raft of merchant friendly policies. JD.com and PDD have also flagged merchant support initiatives.   \"I think platforms now understand that putting pressure on brands to lower prices means they don't have the money to pay for their ads,\" said Jacob Cooke, CEO of e-commerce consultancy WPIC Marketing + Technologies.   Zheng Li, 46, says she used to take Singles Day very seriously, snatching up deals on clothes and everyday goods but no longer.   \"This year, I really can't find any inspiration,\" she said. \"Maybe I'll buy a down jacket for my son.\"  (Reporting by Casey Hall and Sophie Yu; Editing by Miyoung Kim and Edwina Gibbs)((Casey.Hall@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362414793879576,"gmtCreate":1729516004267,"gmtModify":1729518272197,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"This article is useless - so the only argument it makes on stimmy not enough is coz the share prices dropped? Idiotic","listText":"This article is useless - so the only argument it makes on stimmy not enough is coz the share prices dropped? Idiotic","text":"This article is useless - so the only argument it makes on stimmy not enough is coz the share prices dropped? Idiotic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362414793879576","repostId":"2477851061","repostType":4,"repost":{"id":"2477851061","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1729513800,"share":"https://ttm.financial/m/news/2477851061?lang=&edition=fundamental","pubTime":"2024-10-21 20:30","market":"us","language":"en","title":"Alibaba, JD.com, NIO Stocks Fall. Why New China Stimulus Fell Short","url":"https://stock-news.laohu8.com/highlight/detail?id=2477851061","media":"Dow Jones","summary":"Chinese stocks with American depositary receipts were falling early Monday even after China’s central bank lowered interest rates.Retailer Alibaba fell 2.5% in the premarket, and rival JD.com fell 1.5%. Bilibili, a video-sharing site, declined 1.17%, and electric-vehicle maker NIO fell 2.1%. The Hang Seng Index in Hong Kong fell 1.6% on Monday.The moves follow fresh stimulus from the People’s Bank of China. The central bank for the world’s second-biggest economy lowered two key lending rates, de","content":"<html><head></head><body><p style=\"text-align: start;\">Chinese stocks with American depositary receipts were falling early Monday even after China’s central bank lowered interest rates.</p><p style=\"text-align: start;\">Retailer Alibaba fell 2.5% in the premarket, and rival JD.com fell 1.5%. Bilibili, a video-sharing site, declined 1.17%, and electric-vehicle maker NIO fell 2.1%. The Hang Seng Index in Hong Kong fell 1.6% on Monday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/83a06ee94095a00ef78c655b809787c6\" tg-width=\"362\" tg-height=\"728\"/></p><p>The moves follow fresh stimulus from the People’s Bank of China. The central bank for the world’s second-biggest economy lowered two key lending rates, designed to help the housing market and bolster consumer spending.</p><p>Chinese officials ignited a stock rally in September by announcing the start of a series of measures to bolster growth. The government is trying to hit a 5% growth target for the year—in the third quarter the pace was just 4.6%, the slowest in six quarters.</p><p>But the euphoria has faded somewhat since then as investors worried whether it will be enough. The reaction to the latest rate cuts suggest it’s still not, but there are likely more announcements to come. Should one be a big bazooka move beyond what’s already priced in it would likely move stocks and markets.</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, JD.com, NIO Stocks Fall. Why New China Stimulus Fell Short</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, JD.com, NIO Stocks Fall. Why New China Stimulus Fell Short\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-21 20:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Chinese stocks with American depositary receipts were falling early Monday even after China’s central bank lowered interest rates.</p><p style=\"text-align: start;\">Retailer Alibaba fell 2.5% in the premarket, and rival JD.com fell 1.5%. Bilibili, a video-sharing site, declined 1.17%, and electric-vehicle maker NIO fell 2.1%. The Hang Seng Index in Hong Kong fell 1.6% on Monday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/83a06ee94095a00ef78c655b809787c6\" tg-width=\"362\" tg-height=\"728\"/></p><p>The moves follow fresh stimulus from the People’s Bank of China. The central bank for the world’s second-biggest economy lowered two key lending rates, designed to help the housing market and bolster consumer spending.</p><p>Chinese officials ignited a stock rally in September by announcing the start of a series of measures to bolster growth. The government is trying to hit a 5% growth target for the year—in the third quarter the pace was just 4.6%, the slowest in six quarters.</p><p>But the euphoria has faded somewhat since then as investors worried whether it will be enough. The reaction to the latest rate cuts suggest it’s still not, but there are likely more announcements to come. Should one be a big bazooka move beyond what’s already priced in it would likely move stocks and markets.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"89618":"京东集团-SWR","89988":"阿里巴巴-WR","BK1142":"互联网与直销零售","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU0173614495.USD":"富达中国焦点A","BK4513":"直播概念","BK4532":"文艺复兴科技持仓","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","BK1501":"阿里概念股","09618":"京东集团-SW","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0791591158.USD":"ALLSPRING  EMERGING MARKTES EQUITY INCOME \"I\" (USD) ACC","BILI":"哔哩哔哩","BK4585":"ETF&股票定投概念","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","LU0049853897.USD":"SCHRODER ISF EMERGING MARKETS \"A\" (USD) INC AV","LU0132412106.USD":"abrdn SICAV I - EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4566":"资本集团","BK4509":"腾讯概念","LU0588545730.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"ADM\" (USD) INC","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","IE00BPRC5H50.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) INC","BK4524":"宅经济概念","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","09866":"蔚来-SW","BK4577":"网络游戏","LU0163747925.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY A ACC","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BABA":"阿里巴巴","BK4579":"人工智能","BK4588":"碎股","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","JD":"京东","BK1521":"挪威政府全球养老基金持仓","LU0456846285.SGD":"JPMorgan Funds - Greater China A (acc) SGD","09988":"阿里巴巴-W","BK1610":"ETF&股票定投概念","BK4505":"高瓴资本持仓","IE00B543WZ88.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) ACC","BK4085":"互动家庭娱乐","LU0164872284.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"A\" (USD) ACC","NIO":"蔚来","LU0029874905.USD":"TEMPLETON EMERGING MARKETS \"A\" INC","LU0043850808.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AD\" INC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2477851061","content_text":"Chinese stocks with American depositary receipts were falling early Monday even after China’s central bank lowered interest rates.Retailer Alibaba fell 2.5% in the premarket, and rival JD.com fell 1.5%. Bilibili, a video-sharing site, declined 1.17%, and electric-vehicle maker NIO fell 2.1%. The Hang Seng Index in Hong Kong fell 1.6% on Monday.The moves follow fresh stimulus from the People’s Bank of China. The central bank for the world’s second-biggest economy lowered two key lending rates, designed to help the housing market and bolster consumer spending.Chinese officials ignited a stock rally in September by announcing the start of a series of measures to bolster growth. The government is trying to hit a 5% growth target for the year—in the third quarter the pace was just 4.6%, the slowest in six quarters.But the euphoria has faded somewhat since then as investors worried whether it will be enough. The reaction to the latest rate cuts suggest it’s still not, but there are likely more announcements to come. Should one be a big bazooka move beyond what’s already priced in it would likely move stocks and markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361048455512320,"gmtCreate":1729182264415,"gmtModify":1729182653662,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"This author is obviously dumb","listText":"This author is obviously dumb","text":"This author is obviously dumb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361048455512320","repostId":"1168647680","repostType":4,"repost":{"id":"1168647680","kind":"news","pubTimestamp":1729177725,"share":"https://ttm.financial/m/news/1168647680?lang=&edition=fundamental","pubTime":"2024-10-17 23:08","market":"us","language":"en","title":"China ETFs Join Cathie Wood’s as Biggest Wealth Destroyers in US","url":"https://stock-news.laohu8.com/highlight/detail?id=1168647680","media":"Bloomberg","summary":"A word of warning for traders who’ve been pouring billions into Chinese-stock ETFs like never before: The strategy is not only prone to big reversals, it has also lost a cohort of ill-timed investors ","content":"<html><head></head><body><p>A word of warning for traders who’ve been pouring billions into Chinese-stock ETFs like never before: The strategy is not only prone to big reversals, it has also lost a cohort of ill-timed investors a fortune over the past decade and counting.</p><p style=\"text-align: start;\">While these exchange-traded funds have rallied at times, creating short-term trading opportunities, their performance over the long haul has made them some of the biggest wealth destroyers among US ETFs. Over the past decade in fact, Chinese ETFs rank alongside the flagship fund of Cathie Wood — the onetime star money manager whose stock bets have floundered since the pandemic — in producing the biggest erosion of asset value for US ETF investors, according to data compiled by Bloomberg.</p><p>“They’re trading vehicles, rather than investing vehicles,” said Todd Sohn, an ETF strategist at Strategas. “So if you wanted to play China and chase this move, just be aware that historically it’s one of the most volatile equity markets out there and it has a history of giving back a lot of the gains.”</p><p style=\"text-align: start;\">The KraneShares CSI China Internet Fund (ticker <u>KWEB</u>) has taken in more than $12 billion since its inception in 2013 on a net basis. Typically, inflows like these would be accompanied by rising asset values from increased investment and price appreciation. But in this case the underlying value of holdings deteriorated so much that the fund was worth just $7.7 billion as of Friday — almost $5 billion less than what investors put into it.</p><p style=\"text-align: start;\">The KWEB valuation gap trails only Wood’s ARK Innovation ETF (ARKK) among 415 of the largest US-listed stock ETFs, the data show. By contrast, the SPDR S&amp;P 500 ETF Trust (<u>SPY</u>) has rewarded investors the most by this measure, with $159 billion net inflows turning into $593 billion in assets.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e675c8bb32d24fd1f7ad2f95c29893dd\" tg-width=\"515\" tg-height=\"380\"/></p><p>This way of looking at fund performance — which follows a similar methodology as was used in a study by Morningstar earlier this year — isn’t as intuitive as tracking total returns, but it can provide powerful insights. By comparing fund flows and the value of assets under management, one can have a better understanding of how many investors have fared. An ETF may have a positive, say 100%, return, over 10 years, but if most investors buy at the top, they could still suffer steep losses.</p><p style=\"text-align: start;\">Three of the four largest China ETFs have had assets fall below accumulated inflows. One, the iShares MSCI China ETF (MCHI), has fallen short by $1.7 billion, putting it among seven of the biggest ETFs that saw losses of more than $1 billion, according to data compiled by Bloomberg. Meanwhile, the iShares China Large-Cap ETF (FXI), the largest of its kind in the US, barely managed to avoid a loss over its two decades of existence, with its current assets of $10.9 billion slightly outpacing the $10.7 billion inflow, the data show.</p><p style=\"text-align: start;\">To a large degree, the gap between accumulated inflows and assets in Chinese ETFs is about timing. These funds have exhibited swings, often tempting investors to pile in at what later turned out to be just the wrong time.</p><p style=\"text-align: start;\">“Timing China’s rebound and stimulus has been difficult, though investors’ patience is finally being rewarded,” said Brendan Ahern, chief investment officer at Krane Funds Advisors LLC, which oversees KWEB fund.</p><p style=\"text-align: start;\">A spokesperson at BlackRock, which oversees the two iShares China ETFs – FXI and MCHI — didn’t respond to a request for comment, nor did a representative for ARKK.</p><p style=\"text-align: start;\">A majority of KWEB’s inflows happened in 2021, when Chinese shares surged at first amid optimism that China’s economy was on track for a swift recovery from the 2020 pandemic. Then, a deepening housing crisis and President Xi Jinping’s crackdown on various industries sent the market reeling. As Chinese share prices cratered, dip-buying investors kept adding to KWEB, only to see holdings losing value further. That year, the ETF tumbled 52%, even as investors poured in a record $7.4 billion.</p><p style=\"text-align: start;\">The crowds buying in to the Chinese ETFs mimicked those investing with Wood, who catapulted to fame amid the Covid-19 lockdowns for her bold calls on popular pandemic plays like Tesla Inc. ARKK, her flagship fund, took in $4.6 billion in 2021 and has seen some 70% of its value wiped out from its peak since then.</p><p style=\"text-align: start;\">“People entered the trade at bad levels,” said Brent Donnelly, president of Spectra Markets.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c26d6294ed4d0e3fe62198a1dba901b4\" tg-width=\"1200\" tg-height=\"675\"/></p><p style=\"text-align: start;\">Fast forward to today. Beijing’s stimulus blitz starting in late September – including interest-rate cuts and the central bank’s pledge to provide liquidity to the stock market – prompted the MSCI China Index to shoot up 36% in less than three weeks.</p><p style=\"text-align: start;\">The enthusiasm also sparked record inflows into Chinese funds. Investors plowed $6 billion into the FXI fund over the past month, the fourth-most among all ETFs in America. The KWEB fund, which follows tech and internet companies, attracted $2 billion.</p><p style=\"text-align: start;\">The rally in Chinese shares has already lost some steam, though, in the face of the significant challenges still ahead in addressing the headwinds facing China’s economy.</p><p style=\"text-align: start;\">Even after the recent market surge, China stocks remain one of the biggest laggards among global markets over more than a decade. Including dividends, the MCHI fund returned 25% since its debut in 2011, compared with 467% in the S&amp;P 500. Prior to the 27% jump over the past month, the KWEB fund gained only 14% since its launch in 2013.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a9182d539f6118549bbe38e1805a3169\" tg-width=\"1200\" tg-height=\"675\"/></p><p style=\"text-align: start;\">Whether the Chinese rally can keep going depends on Beijing’s willingness to dole out more fiscal stimulus. Donnelly said he’s skeptical that Beijing will do whatever it takes to salvage the economy and keep the stock rally going.</p><p style=\"text-align: start;\">“It’s ultimately a fear-of-missing-out trade,” said Donnelly, a veteran Wall Street trader with previous stints at Lehman Brothers and Citigroup, about the Chinese stock market rally. “It’s an opportunity to make money and chase it and hope they can get it out before anyone else.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China ETFs Join Cathie Wood’s as Biggest Wealth Destroyers in US</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 ETFs Join Cathie Wood’s as Biggest Wealth Destroyers in US\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-17 23:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-10-17/china-etfs-join-cathie-wood-s-as-biggest-wealth-destroyers-in-us><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A word of warning for traders who’ve been pouring billions into Chinese-stock ETFs like never before: The strategy is not only prone to big reversals, it has also lost a cohort of ill-timed investors ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-10-17/china-etfs-join-cathie-wood-s-as-biggest-wealth-destroyers-in-us\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCHI":"中国ETF-iShares MSCI",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index","YINN":"三倍做多富时中国ETF-Direxion","KWEB":"中国海外互联网ETF-KraneShares","ARKK":"ARK Innovation ETF","ARKG":"ARK Genomic Revolution ETF",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2024-10-17/china-etfs-join-cathie-wood-s-as-biggest-wealth-destroyers-in-us","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168647680","content_text":"A word of warning for traders who’ve been pouring billions into Chinese-stock ETFs like never before: The strategy is not only prone to big reversals, it has also lost a cohort of ill-timed investors a fortune over the past decade and counting.While these exchange-traded funds have rallied at times, creating short-term trading opportunities, their performance over the long haul has made them some of the biggest wealth destroyers among US ETFs. Over the past decade in fact, Chinese ETFs rank alongside the flagship fund of Cathie Wood — the onetime star money manager whose stock bets have floundered since the pandemic — in producing the biggest erosion of asset value for US ETF investors, according to data compiled by Bloomberg.“They’re trading vehicles, rather than investing vehicles,” said Todd Sohn, an ETF strategist at Strategas. “So if you wanted to play China and chase this move, just be aware that historically it’s one of the most volatile equity markets out there and it has a history of giving back a lot of the gains.”The KraneShares CSI China Internet Fund (ticker KWEB) has taken in more than $12 billion since its inception in 2013 on a net basis. Typically, inflows like these would be accompanied by rising asset values from increased investment and price appreciation. But in this case the underlying value of holdings deteriorated so much that the fund was worth just $7.7 billion as of Friday — almost $5 billion less than what investors put into it.The KWEB valuation gap trails only Wood’s ARK Innovation ETF (ARKK) among 415 of the largest US-listed stock ETFs, the data show. By contrast, the SPDR S&P 500 ETF Trust (SPY) has rewarded investors the most by this measure, with $159 billion net inflows turning into $593 billion in assets.This way of looking at fund performance — which follows a similar methodology as was used in a study by Morningstar earlier this year — isn’t as intuitive as tracking total returns, but it can provide powerful insights. By comparing fund flows and the value of assets under management, one can have a better understanding of how many investors have fared. An ETF may have a positive, say 100%, return, over 10 years, but if most investors buy at the top, they could still suffer steep losses.Three of the four largest China ETFs have had assets fall below accumulated inflows. One, the iShares MSCI China ETF (MCHI), has fallen short by $1.7 billion, putting it among seven of the biggest ETFs that saw losses of more than $1 billion, according to data compiled by Bloomberg. Meanwhile, the iShares China Large-Cap ETF (FXI), the largest of its kind in the US, barely managed to avoid a loss over its two decades of existence, with its current assets of $10.9 billion slightly outpacing the $10.7 billion inflow, the data show.To a large degree, the gap between accumulated inflows and assets in Chinese ETFs is about timing. These funds have exhibited swings, often tempting investors to pile in at what later turned out to be just the wrong time.“Timing China’s rebound and stimulus has been difficult, though investors’ patience is finally being rewarded,” said Brendan Ahern, chief investment officer at Krane Funds Advisors LLC, which oversees KWEB fund.A spokesperson at BlackRock, which oversees the two iShares China ETFs – FXI and MCHI — didn’t respond to a request for comment, nor did a representative for ARKK.A majority of KWEB’s inflows happened in 2021, when Chinese shares surged at first amid optimism that China’s economy was on track for a swift recovery from the 2020 pandemic. Then, a deepening housing crisis and President Xi Jinping’s crackdown on various industries sent the market reeling. As Chinese share prices cratered, dip-buying investors kept adding to KWEB, only to see holdings losing value further. That year, the ETF tumbled 52%, even as investors poured in a record $7.4 billion.The crowds buying in to the Chinese ETFs mimicked those investing with Wood, who catapulted to fame amid the Covid-19 lockdowns for her bold calls on popular pandemic plays like Tesla Inc. ARKK, her flagship fund, took in $4.6 billion in 2021 and has seen some 70% of its value wiped out from its peak since then.“People entered the trade at bad levels,” said Brent Donnelly, president of Spectra Markets.Fast forward to today. Beijing’s stimulus blitz starting in late September – including interest-rate cuts and the central bank’s pledge to provide liquidity to the stock market – prompted the MSCI China Index to shoot up 36% in less than three weeks.The enthusiasm also sparked record inflows into Chinese funds. Investors plowed $6 billion into the FXI fund over the past month, the fourth-most among all ETFs in America. The KWEB fund, which follows tech and internet companies, attracted $2 billion.The rally in Chinese shares has already lost some steam, though, in the face of the significant challenges still ahead in addressing the headwinds facing China’s economy.Even after the recent market surge, China stocks remain one of the biggest laggards among global markets over more than a decade. Including dividends, the MCHI fund returned 25% since its debut in 2011, compared with 467% in the S&P 500. Prior to the 27% jump over the past month, the KWEB fund gained only 14% since its launch in 2013.Whether the Chinese rally can keep going depends on Beijing’s willingness to dole out more fiscal stimulus. Donnelly said he’s skeptical that Beijing will do whatever it takes to salvage the economy and keep the stock rally going.“It’s ultimately a fear-of-missing-out trade,” said Donnelly, a veteran Wall Street trader with previous stints at Lehman Brothers and Citigroup, about the Chinese stock market rally. “It’s an opportunity to make money and chase it and hope they can get it out before anyone else.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354757032337432,"gmtCreate":1727620076569,"gmtModify":1727620080459,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Dumb","listText":"Dumb","text":"Dumb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354757032337432","repostId":"2470410060","repostType":4,"repost":{"id":"2470410060","kind":"highlight","pubTimestamp":1727589749,"share":"https://ttm.financial/m/news/2470410060?lang=&edition=fundamental","pubTime":"2024-09-29 14:02","market":"us","language":"en","title":"Alibaba Breather (Rating Downgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=2470410060","media":"seekingalpha","summary":"Alibaba is up +60% from my January bottom call, on rising optimism about China's economy for 2025.However, the stock quote is getting extremely overbought, and could witness 2-3 months of retracement ","content":"<html><head></head><body><ul style=\"\"><li><p>Alibaba is up +60% from my January bottom call, on rising optimism about China&#39;s economy for 2025.</p></li><li><p>However, the stock quote is getting extremely overbought, and could witness 2-3 months of retracement action, before another push higher appears.</p></li><li><p>I am reducing my 12-month outlook to Hold/Neutral, with an expected trading range of $85 to $120 going forward.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8fc71f2c8a6c227151324907cbe1f425\" tg-width=\"750\" tg-height=\"503\"/></p><p>OJO Images/OJO Images via Getty Images</p><p></p><p>With <strong>Alibaba Group Holding Ltd.</strong> (NYSE:BABA) announcing some cutting-edge open AI tools last week, followed by recently announced People&#39;s Bank of China credit easing (the largest since the 2020 pandemic) alongside promises for stimulus efforts yesterday (September 26th, 2024) by China&#39;s Politburo, short covering and investor interest in this leading Asian powerhouse have rushed forward. The net result has been a spike in Alibaba&#39;s share quote, with the ADR now above US$100 per share.</p><p>For regular readers, I reversed my long-held rating of the company from a neutral to bearish stance into a <em>Buy</em> view for the first time ever in January of this year, days from its 52-week low trade. Shareholders have not been disappointed for performance since then. Over the past eight months, BABA, including dividends, has generated a total return of +60%, easily beating both the S&amp;P 500 index and nearly every Big Tech name in America for investor performance.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/09f1d506cca6bbe35b681e6e8d6461ea\" tg-width=\"640\" tg-height=\"333\"/></p><p>Seeking Alpha - Paul Franke, Alibaba Article, January 22nd, 2024</p><p></p><p>The reasons for optimism included a new dividend payout with large ongoing share buybacks, an unusually strong <em>Accumulation/Distribution Line</em>, near universal pessimism on the stock for overbaked sentiment, an extremely low valuation vs. peer businesses around the world, and the decent odds China&#39;s economy would not implode.</p><p>Yet, the easy money has already been made in BABA into late September. It is becoming quite clear the company has a brighter future than most retail investors and analysts imagined possible during early summer. From my perspective, the rational course of action is to expect a breather/rest period in upside price movement, perhaps even a flat line for investor gains over the next 6-12 months.</p><p>As a consequence of less bullish momentum patterns, and a view <em>selling</em> this &#34;rip&#34; higher in price may prove the prudent course of action for short-term traders/investors, I am downgrading my official view of the stock from <em>Buy</em> to <em>Hold</em>. I am now forecasting a range for price trading between $85 and $120 into next summer.</p><h2 id=\"id_2578874882\">Underlying Momentum Indicators</h2><p>Perhaps the most critical short-term investment puzzle piece that has me backing away from Alibaba is the technical chart has becoming completely &#34;overbought&#34; on the latest rapid ascent in price.</p><p>My overbought setup idea is drawn below. I have circled extremely stretched readings in several useful volatility and price change indicators, similar to today. The list of signal-callers includes the 14-day <em>Average Directional Index</em>, <em>Bollinger Band Width</em> (20,2) calculation, and 14-day <em>Relative Strength Index</em>. When they reach high levels in unison, the stock quote generally peaks for at least a month or two.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f911359a685deca1879952bb34af4edc\" tg-width=\"640\" tg-height=\"477\"/></p><p>StockCharts.com - Alibaba, 30 Months of Price &amp; Volume Changes, Author Reference Points</p><p></p><p>In addition, numerous general momentum indicators I track are not quite screaming <em>Buy Me</em>, like they were earlier in the year. The majority of indicators are higher than a few months ago, but not in the amazing fashion you would expect to match super-strong price action.</p><p>In particular, the uniquely robust <em>Accumulation/Distribution Line</em> pattern between June 2023 and February 2024 (boxed in blue below) has faded. To confirm additional price gains are approaching, I would&#39;ve liked the ADL, <em>Negative Volume Index,</em> and <em>On Balance Volume</em> readings to show up a little better.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/447fb49afb61718738a7318b0b06b23c\" tg-width=\"640\" tg-height=\"477\"/></p><p>StockCharts.com - Alibaba, 18 Months of Price &amp; Volume Changes, Author Reference Points</p><p></p><h2 id=\"id_1268104433\">Valuation Normalizing</h2><p>Alibaba has fallen from an overall &#34;B&#34; <em>Quant Valuation Grade</em> in January to a &#34;D&#34; currently on its September price spike. Given most individual components remain in the &#34;B&#34; to &#34;C&#34; range, I think an overall rating of &#34;C&#34; fits in line with my thinking.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fd9d5e72d18aa9341b5afdfd82c1f767\" tg-width=\"640\" tg-height=\"669\"/></p><p>Seeking Alpha Table - Alibaba, Quant Valuation Grades, September 26th, 2024</p><p></p><p>While its valuation does remain in the middle to cheaper end of the spectrum vs. peers and competitors (especially those operating inside China), the overall underlying nominal range is now the same as late 2022 and the first half of 2023. So, the level of undervaluation on metrics like enterprise value (including equity worth plus total debt minus cash) to EBITDA or sales is not a standout buy proposition for this Asian blue-chip name.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2895f8e63e61db6159fef8185a8388d4\" tg-width=\"635\" tg-height=\"524\"/></p><p>YCharts - Alibaba vs. Online Retailers &amp; Peers, EV to EBITDA, 3 Years</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87c78b7cd740a45680f5ecf0e009910c\" tg-width=\"635\" tg-height=\"524\"/></p><p>YCharts - Alibaba vs. Online Retailers &amp; Peers, EV to Sales, 3 Years</p><p></p><p>Again, one persuasive bullish argument to continue ownership is the new dividend. The roughly 2% in cash distributions available annually is running at nearly double the S&amp;P 500 rate of 1.2%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f9127fe63e6c7e90091c969f6dcc4384\" tg-width=\"635\" tg-height=\"541\"/></p><p>YCharts - Alibaba vs. Online Retailers &amp; Peers, Trailing Dividend Yield, 1 Year</p><p></p><h2 id=\"id_2699449060\">Final Thoughts</h2><p>Do I consider Alibaba a stock to avoid? Not really. If you can purchase a stake on weakness, perhaps back to $90 or below, this security is a smart way to diversify your wealth away from U.S. markets. It&#39;s focus on sales in mainland China, Hong Kong, and other parts of Asia is worthy of your attention. If the Chinese economy can rebound from feeble 2024 economic growth during 2025, shareholders should earn a steady return, with a 2% dividend yield and share buybacks supporting you.</p><p>What are the risks? The overriding risk revolves around Chinese government decision-making, including regulations on capital outflows to the rest of the world, alongside questionable signals about attracting/keeping foreign manufacturers (many are moving operations to nearby Asian nations).</p><p>You could also wake up one morning and find it difficult to actually sell your shares on the American market as a delisting action/reaction to military escalations over Taiwan. Fortunately, shares are listed in Hong Kong, which may provide an option for trading if you can switch your share ownership to a brokerage outside of the U.S.</p><p>Otherwise, changing economic fortunes in Asia (growth/recession) will drive the Alibaba quote, sitting at a fair valuation setup today. For sure, with a P/E under 12x and price to sales hovering around 2x projections for the current fiscal year (ending March 2025), investors do retain some headline value holding ADR shares around $100.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fd9e993ce1c171173f194e35d2d57c96\" tg-width=\"640\" tg-height=\"237\"/></p><p>Seeking Alpha Table - Alibaba, Analyst Estimates for 2024-26, Made September 26th, 2024</p><p></p><p>My summary view is a period of retracement and digestion back to the $90s seems likely for months. After that is finished, a resumption of nice gains could reappear in 2025. For the time being I am downgrading Alibaba to <em>Hold/Neutral</em>, for a 12-month outlook. There is still no guarantee a global recession can be avoided over the next year. If we do experience one, BABA may still be trading under $100 next summer. At this point, if you own a position, selling covered calls may prove an excellent strategy to capture some income (and/or hedge the latest sharp gain) while we wait.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Breather (Rating Downgrade)</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 Breather (Rating Downgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-29 14:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4723951-alibaba-breather-rating-downgrade><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba is up +60% from my January bottom call, on rising optimism about China's economy for 2025.However, the stock quote is getting extremely overbought, and could witness 2-3 months of retracement ...</p>\n\n<a href=\"https://seekingalpha.com/article/4723951-alibaba-breather-rating-downgrade\">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/4723951-alibaba-breather-rating-downgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2470410060","content_text":"Alibaba is up +60% from my January bottom call, on rising optimism about China's economy for 2025.However, the stock quote is getting extremely overbought, and could witness 2-3 months of retracement action, before another push higher appears.I am reducing my 12-month outlook to Hold/Neutral, with an expected trading range of $85 to $120 going forward.OJO Images/OJO Images via Getty ImagesWith Alibaba Group Holding Ltd. (NYSE:BABA) announcing some cutting-edge open AI tools last week, followed by recently announced People's Bank of China credit easing (the largest since the 2020 pandemic) alongside promises for stimulus efforts yesterday (September 26th, 2024) by China's Politburo, short covering and investor interest in this leading Asian powerhouse have rushed forward. The net result has been a spike in Alibaba's share quote, with the ADR now above US$100 per share.For regular readers, I reversed my long-held rating of the company from a neutral to bearish stance into a Buy view for the first time ever in January of this year, days from its 52-week low trade. Shareholders have not been disappointed for performance since then. Over the past eight months, BABA, including dividends, has generated a total return of +60%, easily beating both the S&P 500 index and nearly every Big Tech name in America for investor performance.Seeking Alpha - Paul Franke, Alibaba Article, January 22nd, 2024The reasons for optimism included a new dividend payout with large ongoing share buybacks, an unusually strong Accumulation/Distribution Line, near universal pessimism on the stock for overbaked sentiment, an extremely low valuation vs. peer businesses around the world, and the decent odds China's economy would not implode.Yet, the easy money has already been made in BABA into late September. It is becoming quite clear the company has a brighter future than most retail investors and analysts imagined possible during early summer. From my perspective, the rational course of action is to expect a breather/rest period in upside price movement, perhaps even a flat line for investor gains over the next 6-12 months.As a consequence of less bullish momentum patterns, and a view selling this \"rip\" higher in price may prove the prudent course of action for short-term traders/investors, I am downgrading my official view of the stock from Buy to Hold. I am now forecasting a range for price trading between $85 and $120 into next summer.Underlying Momentum IndicatorsPerhaps the most critical short-term investment puzzle piece that has me backing away from Alibaba is the technical chart has becoming completely \"overbought\" on the latest rapid ascent in price.My overbought setup idea is drawn below. I have circled extremely stretched readings in several useful volatility and price change indicators, similar to today. The list of signal-callers includes the 14-day Average Directional Index, Bollinger Band Width (20,2) calculation, and 14-day Relative Strength Index. When they reach high levels in unison, the stock quote generally peaks for at least a month or two.StockCharts.com - Alibaba, 30 Months of Price & Volume Changes, Author Reference PointsIn addition, numerous general momentum indicators I track are not quite screaming Buy Me, like they were earlier in the year. The majority of indicators are higher than a few months ago, but not in the amazing fashion you would expect to match super-strong price action.In particular, the uniquely robust Accumulation/Distribution Line pattern between June 2023 and February 2024 (boxed in blue below) has faded. To confirm additional price gains are approaching, I would've liked the ADL, Negative Volume Index, and On Balance Volume readings to show up a little better.StockCharts.com - Alibaba, 18 Months of Price & Volume Changes, Author Reference PointsValuation NormalizingAlibaba has fallen from an overall \"B\" Quant Valuation Grade in January to a \"D\" currently on its September price spike. Given most individual components remain in the \"B\" to \"C\" range, I think an overall rating of \"C\" fits in line with my thinking.Seeking Alpha Table - Alibaba, Quant Valuation Grades, September 26th, 2024While its valuation does remain in the middle to cheaper end of the spectrum vs. peers and competitors (especially those operating inside China), the overall underlying nominal range is now the same as late 2022 and the first half of 2023. So, the level of undervaluation on metrics like enterprise value (including equity worth plus total debt minus cash) to EBITDA or sales is not a standout buy proposition for this Asian blue-chip name.YCharts - Alibaba vs. Online Retailers & Peers, EV to EBITDA, 3 YearsYCharts - Alibaba vs. Online Retailers & Peers, EV to Sales, 3 YearsAgain, one persuasive bullish argument to continue ownership is the new dividend. The roughly 2% in cash distributions available annually is running at nearly double the S&P 500 rate of 1.2%.YCharts - Alibaba vs. Online Retailers & Peers, Trailing Dividend Yield, 1 YearFinal ThoughtsDo I consider Alibaba a stock to avoid? Not really. If you can purchase a stake on weakness, perhaps back to $90 or below, this security is a smart way to diversify your wealth away from U.S. markets. It's focus on sales in mainland China, Hong Kong, and other parts of Asia is worthy of your attention. If the Chinese economy can rebound from feeble 2024 economic growth during 2025, shareholders should earn a steady return, with a 2% dividend yield and share buybacks supporting you.What are the risks? The overriding risk revolves around Chinese government decision-making, including regulations on capital outflows to the rest of the world, alongside questionable signals about attracting/keeping foreign manufacturers (many are moving operations to nearby Asian nations).You could also wake up one morning and find it difficult to actually sell your shares on the American market as a delisting action/reaction to military escalations over Taiwan. Fortunately, shares are listed in Hong Kong, which may provide an option for trading if you can switch your share ownership to a brokerage outside of the U.S.Otherwise, changing economic fortunes in Asia (growth/recession) will drive the Alibaba quote, sitting at a fair valuation setup today. For sure, with a P/E under 12x and price to sales hovering around 2x projections for the current fiscal year (ending March 2025), investors do retain some headline value holding ADR shares around $100.Seeking Alpha Table - Alibaba, Analyst Estimates for 2024-26, Made September 26th, 2024My summary view is a period of retracement and digestion back to the $90s seems likely for months. After that is finished, a resumption of nice gains could reappear in 2025. For the time being I am downgrading Alibaba to Hold/Neutral, for a 12-month outlook. There is still no guarantee a global recession can be avoided over the next year. If we do experience one, BABA may still be trading under $100 next summer. At this point, if you own a position, selling covered calls may prove an excellent strategy to capture some income (and/or hedge the latest sharp gain) while we wait.","news_type":1},"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353588555341984,"gmtCreate":1727363384497,"gmtModify":1727363388427,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Ran away still say be cautious. Bye&nbsp;","listText":"Ran away still say be cautious. Bye&nbsp;","text":"Ran away still say be cautious. Bye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353588555341984","repostId":"2470946730","repostType":4,"repost":{"id":"2470946730","kind":"highlight","pubTimestamp":1727362800,"share":"https://ttm.financial/m/news/2470946730?lang=&edition=fundamental","pubTime":"2024-09-26 23:00","market":"hk","language":"en","title":"Alibaba: This Is The Buying Moment I've Been Waiting For","url":"https://stock-news.laohu8.com/highlight/detail?id=2470946730","media":"Seeking Alpha","summary":"China's massive stimulus package has bolstered Alibaba stock, spurring a potential breakout above the critical $90 resistance zone.Alibaba's profitability growth inflection from FY2026 has been lifted","content":"<html><head></head><body><ul style=\"\"><li><p>China&#39;s massive stimulus package has bolstered Alibaba stock, spurring a potential breakout above the critical $90 resistance zone.</p></li><li><p>Alibaba&#39;s profitability growth inflection from FY2026 has been lifted, justifying improved buying sentiments.</p></li><li><p>Given its exposure to China&#39;s core commerce engine, China&#39;s commitment to attaining its 2024 GDP growth target should lift Alibaba.</p></li><li><p>I explain why the golden buying opportunity I&#39;ve been waiting for on BABA has finally arrived. Read on to find out more.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/84b6aeab08dc480ef3a214462aadfcfd\" alt=\"Robert Way\" title=\"Robert Way\" tg-width=\"750\" tg-height=\"500\"/><span>Robert Way</span></p><h2 id=\"id_47514386\">China Unleashes A Massive Stimulus Package</h2><p>Alibaba Group Holding Limited (NYSE:BABA) investors have likely received the jolt they were waiting for as BABA stock attempted to break out above the critical $100 zone. BABA has already surged over its $90 resistance zone, as Chinese equities were bolstered by the &#34;bazooka&#34; stimulus measures initiated by the PBOC (China&#39;s central bank).</p><p>In a significant move, the PBOC unleashed a flurry of measures, including &#34;interest-rate cut, lower capital requirements for banks, and special funds to buy stocks and facilitate buybacks.&#34; The bullish signaling by China&#39;s central bank regulators suggests the Chinese government is committed to achieving its 5% GDP growth target for 2024. However, uncertainties remain for its trajectory in 2025. In addition, the ongoing stress in China&#39;s banking, real estate, and local government finances has not been decisively resolved. Hence, these structural issues could hamper a more sustained improvement in the market&#39;s perception of Chinese equities. The market will likely scrutinize whether the Chinese authorities would follow up with more demand-side measures and additional fiscal stimulus to bolster investor sentiments.</p><h2 id=\"id_2384628707\">Alibaba Stock: Turnaround Already Underway</h2><p>In my previous BABA article, I downgraded the stock as I anticipated prolonged challenges that could spur a more optimistic recovery for China&#39;s e-commerce leader. I assessed that Alibaba must first resolve &#34;underlying challenges.&#34; However, the debilitating decline in China&#39;s real estate market has continued to hamper a more sustained turnaround in China&#39;s consumer spending. In addition, the weak employment outlook has also weakened my assessment of BABA&#39;s overall thesis, leading to my previous downgrade.</p><p>Notwithstanding my caution, I assess that BABA&#39;s increasingly constructive buying sentiments suggest the tide seems to have turned decisively. The firm commitment demonstrated by the Chinese authorities to bolster its ability to attain its GDP growth target has also improved the market&#39;s confidence in Chinese equities. While uncertainties relating to whether additional fiscal or demand-side boosts still exist, BABA isn&#39;t priced at a significant premium. Hence, I assess the risk/reward in BABA remains highly attractive, lifting the clarity over its forward earnings profile.</p><h2 id=\"id_2236196882\">Alibaba: Profitability Growth Inflection More Likely</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/79b0b560541f097586482606fd94e9a8\" alt=\"Alibaba estimates (TIKR)\" title=\"Alibaba estimates (TIKR)\" tg-width=\"640\" tg-height=\"384\"/><span>Alibaba estimates (TIKR)</span></p><p>In addition, Alibaba&#39;s profitability growth estimates are expected to bottom out in FY2025 (year ending March 2025) before a growth inflection through FY2027. The significant improvement in BABA&#39;s buying momentum (from &#34;D+&#34; to &#34;B+&#34;) suggests the market is increasingly confident that the company could meet its growth targets.</p><p>Therefore, I assess that this week&#39;s mega stimulus package announced by the Chinese authorities has likely spurred a significant improvement in investor confidence. The market is likely more confident in Alibaba&#39;s earnings estimates, corroborating an anticipated bottom in FY2025.</p><p>Alibaba&#39;s ability to execute a sustained turnaround shouldn&#39;t be dismissed. Notwithstanding current geopolitical risks affecting a more aggressive valuation re-rating, Alibaba&#39;s core commerce growth prospects remain tied to the health of the Chinese consumer.</p><p>As a result, investors are likely more confident in its recovery, as recent survey results suggest &#34;69% of SME decision-makers are more optimistic about their growth opportunities.&#34; In addition, the recent growth caution by Pinduoduo (PDD) likely indicates that the competitive efforts executed by Alibaba have started to pay off. Hence, it has likely compelled PDD to revise its sales and investment strategy to cope with the challenges of a more competitive BABA. Investors must note that Alibaba has a significant profitability moat (&#34;A+&#34; profitability grade) to compete more aggressively with its keen rivals if needed.</p><h2 id=\"id_3264249235\">Is BABA Stock A Buy, Sell, Or Hold?</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/34dbf4424c2e824d4b561eae85f0be55\" alt=\"BABA price chart (weekly, medium-term) (TradingView)\" title=\"BABA price chart (weekly, medium-term) (TradingView)\" tg-width=\"640\" tg-height=\"394\"/><span>BABA price chart (weekly, medium-term) (TradingView)</span></p><p>As seen above, BABA has soared over the $90 resistance zone that previously saw steep selling pressure in May 2024. The stock has also exhibited robust recovery characteristics of a higher-low and higher-high price structure, underpinned by its &#34;B+&#34; momentum grade.</p><p>BABA&#39;s forward adjusted PEG ratio of 1.13 is more than 25% below its sector median, corroborating its relative undervaluation. As a result, I assess that the significantly improved market sentiments have a solid fundamental foundation supported by a relatively attractive valuation.</p><p>Notwithstanding my optimism, investors must remain cautious and assess whether the government could follow through with additional fiscal and demand-side stimulus. The market seems to have reflected some optimism on the possibility, leading to potential disappointment if the government fails to execute accordingly.</p><p>Also, BABA&#39;s $100 zone is assessed as a critical resistance zone that must be decisively breached for its bullish thesis to reassert itself. A failure to retake that level convincingly could discourage more momentum investors from returning, potentially leading to another steep pullback.</p><p><em>Rating: Upgrade to Buy.</em></p><p><em>Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified.</em></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: This Is The Buying Moment I've Been Waiting For</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: This Is The Buying Moment I've Been Waiting For\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-26 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4723446-alibaba-this-is-the-buying-moment-ive-been-waiting-for-upgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China's massive stimulus package has bolstered Alibaba stock, spurring a potential breakout above the critical $90 resistance zone.Alibaba's profitability growth inflection from FY2026 has been lifted...</p>\n\n<a href=\"https://seekingalpha.com/article/4723446-alibaba-this-is-the-buying-moment-ive-been-waiting-for-upgrade\">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/4723446-alibaba-this-is-the-buying-moment-ive-been-waiting-for-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2470946730","content_text":"China's massive stimulus package has bolstered Alibaba stock, spurring a potential breakout above the critical $90 resistance zone.Alibaba's profitability growth inflection from FY2026 has been lifted, justifying improved buying sentiments.Given its exposure to China's core commerce engine, China's commitment to attaining its 2024 GDP growth target should lift Alibaba.I explain why the golden buying opportunity I've been waiting for on BABA has finally arrived. Read on to find out more.Robert WayChina Unleashes A Massive Stimulus PackageAlibaba Group Holding Limited (NYSE:BABA) investors have likely received the jolt they were waiting for as BABA stock attempted to break out above the critical $100 zone. BABA has already surged over its $90 resistance zone, as Chinese equities were bolstered by the \"bazooka\" stimulus measures initiated by the PBOC (China's central bank).In a significant move, the PBOC unleashed a flurry of measures, including \"interest-rate cut, lower capital requirements for banks, and special funds to buy stocks and facilitate buybacks.\" The bullish signaling by China's central bank regulators suggests the Chinese government is committed to achieving its 5% GDP growth target for 2024. However, uncertainties remain for its trajectory in 2025. In addition, the ongoing stress in China's banking, real estate, and local government finances has not been decisively resolved. Hence, these structural issues could hamper a more sustained improvement in the market's perception of Chinese equities. The market will likely scrutinize whether the Chinese authorities would follow up with more demand-side measures and additional fiscal stimulus to bolster investor sentiments.Alibaba Stock: Turnaround Already UnderwayIn my previous BABA article, I downgraded the stock as I anticipated prolonged challenges that could spur a more optimistic recovery for China's e-commerce leader. I assessed that Alibaba must first resolve \"underlying challenges.\" However, the debilitating decline in China's real estate market has continued to hamper a more sustained turnaround in China's consumer spending. In addition, the weak employment outlook has also weakened my assessment of BABA's overall thesis, leading to my previous downgrade.Notwithstanding my caution, I assess that BABA's increasingly constructive buying sentiments suggest the tide seems to have turned decisively. The firm commitment demonstrated by the Chinese authorities to bolster its ability to attain its GDP growth target has also improved the market's confidence in Chinese equities. While uncertainties relating to whether additional fiscal or demand-side boosts still exist, BABA isn't priced at a significant premium. Hence, I assess the risk/reward in BABA remains highly attractive, lifting the clarity over its forward earnings profile.Alibaba: Profitability Growth Inflection More LikelyAlibaba estimates (TIKR)In addition, Alibaba's profitability growth estimates are expected to bottom out in FY2025 (year ending March 2025) before a growth inflection through FY2027. The significant improvement in BABA's buying momentum (from \"D+\" to \"B+\") suggests the market is increasingly confident that the company could meet its growth targets.Therefore, I assess that this week's mega stimulus package announced by the Chinese authorities has likely spurred a significant improvement in investor confidence. The market is likely more confident in Alibaba's earnings estimates, corroborating an anticipated bottom in FY2025.Alibaba's ability to execute a sustained turnaround shouldn't be dismissed. Notwithstanding current geopolitical risks affecting a more aggressive valuation re-rating, Alibaba's core commerce growth prospects remain tied to the health of the Chinese consumer.As a result, investors are likely more confident in its recovery, as recent survey results suggest \"69% of SME decision-makers are more optimistic about their growth opportunities.\" In addition, the recent growth caution by Pinduoduo (PDD) likely indicates that the competitive efforts executed by Alibaba have started to pay off. Hence, it has likely compelled PDD to revise its sales and investment strategy to cope with the challenges of a more competitive BABA. Investors must note that Alibaba has a significant profitability moat (\"A+\" profitability grade) to compete more aggressively with its keen rivals if needed.Is BABA Stock A Buy, Sell, Or Hold?BABA price chart (weekly, medium-term) (TradingView)As seen above, BABA has soared over the $90 resistance zone that previously saw steep selling pressure in May 2024. The stock has also exhibited robust recovery characteristics of a higher-low and higher-high price structure, underpinned by its \"B+\" momentum grade.BABA's forward adjusted PEG ratio of 1.13 is more than 25% below its sector median, corroborating its relative undervaluation. As a result, I assess that the significantly improved market sentiments have a solid fundamental foundation supported by a relatively attractive valuation.Notwithstanding my optimism, investors must remain cautious and assess whether the government could follow through with additional fiscal and demand-side stimulus. The market seems to have reflected some optimism on the possibility, leading to potential disappointment if the government fails to execute accordingly.Also, BABA's $100 zone is assessed as a critical resistance zone that must be decisively breached for its bullish thesis to reassert itself. A failure to retake that level convincingly could discourage more momentum investors from returning, potentially leading to another steep pullback.Rating: Upgrade to Buy.Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353140660129936,"gmtCreate":1727225226747,"gmtModify":1727225230795,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Yeah wait some more. Wiat for it to go up before you recommend all in!","listText":"Yeah wait some more. Wiat for it to go up before you recommend all in!","text":"Yeah wait some more. Wiat for it to go up before you recommend all in!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353140660129936","repostId":"2470268384","repostType":4,"repost":{"id":"2470268384","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1727224602,"share":"https://ttm.financial/m/news/2470268384?lang=&edition=fundamental","pubTime":"2024-09-25 08:36","market":"fut","language":"en","title":"China Stock-Market Jump May Be \"Tradable Rally\" - but Approach with Caution","url":"https://stock-news.laohu8.com/highlight/detail?id=2470268384","media":"Dow Jones","summary":"This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","content":"<html><head></head><body><p>Chinese stocks and the exchange-traded funds that track them surged Tuesday after Beijing announced the biggest stimulus package since the early days of the COVID pandemic, sparking what some analysts see as a tradable rally.</p><p style=\"text-align: start;\">At the same time, volatility means it may be a rally that isn’t for the faint of heart.</p><p>The iShares China Large Cap ETF FXI jumped 9.8% and the KraneShares CSI China Internet ETF KWEB advanced 10.4% Tuesday. Earlier, the CSI 300 Index XX:000300 rose 4.3% for its best day since March 2022, while Hong Kong’s Hang Seng HK:HSI rose 4.1%. The CSI 300 remains down more than 2% for the year to date, while the Hang Seng has rallied around 11% in local currency terms. That compares to a 20% gain for the S&amp;P 500 SPX.</p><p>People’s Bank of China Gov. Pan Gongsheng, who announced that a short-term interest rate would be cut, the amount of capital banks were required to hold in reserve would be reduced, and there would be a batch of support for the beleaguered housing sector and the struggling equity market as the government strove to lift economic growth to its 5% annual target.</p><p>Jonathan Krinsky, chief market technician at BTIG, has taken a mostly contrarian and upbeat view on China over the last year. It’s a trade that’s generally worked out, but it’s been a bumpy ride, he acknowledged in a Tuesday note. From the late-January lows to the mid-May highs, FXI gained 41%, then fell 17% into August, he noted, before the latest 22% rally to fresh 52-week highs. FXI is up 26% year to date, while KWEB has lagged with a gain of more than 11%, including Tuesday’s rise.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4355de79a075af42c9b2159fd108d695\" tg-width=\"770\" tg-height=\"464\"/></p><p style=\"text-align: start;\">“FXI has made a new 2024 high, and is close to clearing its August ’23 high. Doing so would complete a fairly meaningful base, confirm its long-term double bottom, and suggest upside towards 40 (+32%),” he wrote (see chart above).</p><p style=\"text-align: start;\">KWEB should have room back to its May high at 32.60 in the near term, with its 2023 highs of 36 above that, he said.</p><p style=\"text-align: start;\">“It’s always difficult to buy something after it has had a big move up. Often times the hardest trade is the correct trade, and we think that’s the case here,” Krinsky wrote. “A breakout worth chasing.”</p><p style=\"text-align: start;\">Observers warned, however, that volatility may remain the norm, extending a pattern of short-lived relief rallies seen since the COVID pandemic.</p><p style=\"text-align: start;\">The true spark for the China stock rally came when Pan announced that if the stimulus measures proved successful, an additional 1.6 trillion yuan in funds would be made available, while also mentioning that a stock-market stabilization fund is under discussion, said Rory Green, chief China economist at TS Lombard, in a note, while observing that Pan didn’t define what would qualify as a success.</p><p style=\"text-align: start;\">PBOC involvement in equity markets, meanwhile, marks a clear departure from previous policy, he said. The central bank typically cautions against speculation but now seems to be encouraging it.</p><p style=\"text-align: start;\">That suggests an “element of panic” among policymakers, he said, as they attempt to build confidence and foster wealth creation, or at least prevent further equity destruction.</p><p style=\"text-align: start;\">It “points to a tradable rally in Chinese equities. Onshore stocks are a policy- and momentum-driven market, and policy signals don’t get much clearer than this,” Green wrote, but cautioned that in a macroeconomic environment that remains weak, the rally should be viewed as a trade rather than investment — and one that is best approached with caution.</p><p style=\"text-align: start;\">Relief rallies since 2021 have been “fast and furious and ultimately short-lived,” he said — a pattern that’s likely to repeat without serious demand-side follow-through.</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 Stock-Market Jump May Be \"Tradable Rally\" - but Approach with Caution</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 Stock-Market Jump May Be \"Tradable Rally\" - but Approach with Caution\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-09-25 08:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese stocks and the exchange-traded funds that track them surged Tuesday after Beijing announced the biggest stimulus package since the early days of the COVID pandemic, sparking what some analysts see as a tradable rally.</p><p style=\"text-align: start;\">At the same time, volatility means it may be a rally that isn’t for the faint of heart.</p><p>The iShares China Large Cap ETF FXI jumped 9.8% and the KraneShares CSI China Internet ETF KWEB advanced 10.4% Tuesday. Earlier, the CSI 300 Index XX:000300 rose 4.3% for its best day since March 2022, while Hong Kong’s Hang Seng HK:HSI rose 4.1%. The CSI 300 remains down more than 2% for the year to date, while the Hang Seng has rallied around 11% in local currency terms. That compares to a 20% gain for the S&amp;P 500 SPX.</p><p>People’s Bank of China Gov. Pan Gongsheng, who announced that a short-term interest rate would be cut, the amount of capital banks were required to hold in reserve would be reduced, and there would be a batch of support for the beleaguered housing sector and the struggling equity market as the government strove to lift economic growth to its 5% annual target.</p><p>Jonathan Krinsky, chief market technician at BTIG, has taken a mostly contrarian and upbeat view on China over the last year. It’s a trade that’s generally worked out, but it’s been a bumpy ride, he acknowledged in a Tuesday note. From the late-January lows to the mid-May highs, FXI gained 41%, then fell 17% into August, he noted, before the latest 22% rally to fresh 52-week highs. FXI is up 26% year to date, while KWEB has lagged with a gain of more than 11%, including Tuesday’s rise.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4355de79a075af42c9b2159fd108d695\" tg-width=\"770\" tg-height=\"464\"/></p><p style=\"text-align: start;\">“FXI has made a new 2024 high, and is close to clearing its August ’23 high. Doing so would complete a fairly meaningful base, confirm its long-term double bottom, and suggest upside towards 40 (+32%),” he wrote (see chart above).</p><p style=\"text-align: start;\">KWEB should have room back to its May high at 32.60 in the near term, with its 2023 highs of 36 above that, he said.</p><p style=\"text-align: start;\">“It’s always difficult to buy something after it has had a big move up. Often times the hardest trade is the correct trade, and we think that’s the case here,” Krinsky wrote. “A breakout worth chasing.”</p><p style=\"text-align: start;\">Observers warned, however, that volatility may remain the norm, extending a pattern of short-lived relief rallies seen since the COVID pandemic.</p><p style=\"text-align: start;\">The true spark for the China stock rally came when Pan announced that if the stimulus measures proved successful, an additional 1.6 trillion yuan in funds would be made available, while also mentioning that a stock-market stabilization fund is under discussion, said Rory Green, chief China economist at TS Lombard, in a note, while observing that Pan didn’t define what would qualify as a success.</p><p style=\"text-align: start;\">PBOC involvement in equity markets, meanwhile, marks a clear departure from previous policy, he said. The central bank typically cautions against speculation but now seems to be encouraging it.</p><p style=\"text-align: start;\">That suggests an “element of panic” among policymakers, he said, as they attempt to build confidence and foster wealth creation, or at least prevent further equity destruction.</p><p style=\"text-align: start;\">It “points to a tradable rally in Chinese equities. Onshore stocks are a policy- and momentum-driven market, and policy signals don’t get much clearer than this,” Green wrote, but cautioned that in a macroeconomic environment that remains weak, the rally should be viewed as a trade rather than investment — and one that is best approached with caution.</p><p style=\"text-align: start;\">Relief rallies since 2021 have been “fast and furious and ultimately short-lived,” he said — a pattern that’s likely to repeat without serious demand-side follow-through.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09888":"百度集团-SW","09618":"京东集团-SW","00700":"腾讯控股","HSI":"恒生指数","HSTECH":"恒生科技指数"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2470268384","content_text":"Chinese stocks and the exchange-traded funds that track them surged Tuesday after Beijing announced the biggest stimulus package since the early days of the COVID pandemic, sparking what some analysts see as a tradable rally.At the same time, volatility means it may be a rally that isn’t for the faint of heart.The iShares China Large Cap ETF FXI jumped 9.8% and the KraneShares CSI China Internet ETF KWEB advanced 10.4% Tuesday. Earlier, the CSI 300 Index XX:000300 rose 4.3% for its best day since March 2022, while Hong Kong’s Hang Seng HK:HSI rose 4.1%. The CSI 300 remains down more than 2% for the year to date, while the Hang Seng has rallied around 11% in local currency terms. That compares to a 20% gain for the S&P 500 SPX.People’s Bank of China Gov. Pan Gongsheng, who announced that a short-term interest rate would be cut, the amount of capital banks were required to hold in reserve would be reduced, and there would be a batch of support for the beleaguered housing sector and the struggling equity market as the government strove to lift economic growth to its 5% annual target.Jonathan Krinsky, chief market technician at BTIG, has taken a mostly contrarian and upbeat view on China over the last year. It’s a trade that’s generally worked out, but it’s been a bumpy ride, he acknowledged in a Tuesday note. From the late-January lows to the mid-May highs, FXI gained 41%, then fell 17% into August, he noted, before the latest 22% rally to fresh 52-week highs. FXI is up 26% year to date, while KWEB has lagged with a gain of more than 11%, including Tuesday’s rise.“FXI has made a new 2024 high, and is close to clearing its August ’23 high. Doing so would complete a fairly meaningful base, confirm its long-term double bottom, and suggest upside towards 40 (+32%),” he wrote (see chart above).KWEB should have room back to its May high at 32.60 in the near term, with its 2023 highs of 36 above that, he said.“It’s always difficult to buy something after it has had a big move up. Often times the hardest trade is the correct trade, and we think that’s the case here,” Krinsky wrote. “A breakout worth chasing.”Observers warned, however, that volatility may remain the norm, extending a pattern of short-lived relief rallies seen since the COVID pandemic.The true spark for the China stock rally came when Pan announced that if the stimulus measures proved successful, an additional 1.6 trillion yuan in funds would be made available, while also mentioning that a stock-market stabilization fund is under discussion, said Rory Green, chief China economist at TS Lombard, in a note, while observing that Pan didn’t define what would qualify as a success.PBOC involvement in equity markets, meanwhile, marks a clear departure from previous policy, he said. The central bank typically cautions against speculation but now seems to be encouraging it.That suggests an “element of panic” among policymakers, he said, as they attempt to build confidence and foster wealth creation, or at least prevent further equity destruction.It “points to a tradable rally in Chinese equities. Onshore stocks are a policy- and momentum-driven market, and policy signals don’t get much clearer than this,” Green wrote, but cautioned that in a macroeconomic environment that remains weak, the rally should be viewed as a trade rather than investment — and one that is best approached with caution.Relief rallies since 2021 have been “fast and furious and ultimately short-lived,” he said — a pattern that’s likely to repeat without serious demand-side follow-through.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352002929533176,"gmtCreate":1726976792321,"gmtModify":1726976795993,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Oooo. You can see rhe. Future. Ooo","listText":"Oooo. You can see rhe. Future. Ooo","text":"Oooo. You can see rhe. Future. Ooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/352002929533176","repostId":"2469511719","repostType":4,"repost":{"id":"2469511719","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1726962870,"share":"https://ttm.financial/m/news/2469511719?lang=&edition=fundamental","pubTime":"2024-09-22 07:54","market":"us","language":"en","title":"Sorry, the Fed Can't Save Us From a Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2469511719","media":"Dow Jones","summary":"Wall Street commentary around this week's Fed rate cut could have filled a very long and boring book, but much of what you need to know about its effect on the stock market can be found in a movie rarely linked with monetary policy: \"The Wizard of Oz.\". The great and powerful man behind the central bank curtain, Jerome Powell, really can't do as much as people think to keep their portfolios from shriveling if the wheels are already starting to come off the economy. Stocks' initial reaction to Wednesday's cut was exuberant. That often proves to be a head fake, though -- we still don't know how this movie ends.Take the start of the rate-cutting cycle in 2007 -- one that coincidentally began on the same day of the year, the same starting federal-funds rate, and was for an identical amount, half a percent  -- as Wednesday's move. The effect was electric: The Dow Jones Industrial Average had its largest gain in more than four years, rising 336 points, the equivalent of about 1,000 points to","content":"<html><head></head><body><p>Wall Street commentary around this week&#39;s Fed rate cut could have filled a very long and boring book, but much of what you need to know about its effect on the stock market can be found in a movie rarely linked with monetary policy: &#34;The Wizard of Oz.&#34;</p><p>The great and powerful man behind the central bank curtain, Jerome Powell, really can&#39;t do as much as people think to keep their portfolios from shriveling if the wheels are already starting to come off the economy. Stocks&#39; initial reaction to Wednesday&#39;s cut was exuberant. That often proves to be a head fake, though -- we still don&#39;t know how this movie ends.</p><p>Take the start of the rate-cutting cycle in 2007 -- one that coincidentally began on the same day of the year, the same starting federal-funds rate, and was for an identical amount, half a percent (50 basis points) -- as Wednesday&#39;s move. The effect was electric: The Dow Jones Industrial Average had its largest gain in more than four years, rising 336 points, the equivalent of about 1,000 points today. Lehman Brothers shares were among the top performers, surging 10%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87332df9d93b9dea02c121a049013aad\" tg-width=\"931\" tg-height=\"768\"/></p><p>But, as we know now, stocks were just three weeks from their bull-market peak, a recession would begin in January 2008, and Lehman would collapse less than a year later in the largest-ever U.S. bankruptcy. By that time, the Fed had cut rates six more times -- moves of 25, 25, 75, 50, 75 and 25 basis points, in that order. The moves took rates to 2%, their lowest in nearly four years. In the two months following the Lehman panic, the Fed made three more steep cuts, slashing rates to zero (technically a range of 0% to 0.25%) for the first time ever.</p><p>Stocks surged then too, with the benchmark S&amp;P 500 jumping 4.7%. The Dow&#39;s gain of 360 points would be nearly 1,700 today. Yet they erased all of that day&#39;s rally in less than a week and would go on to shed another quarter of their value before bottoming in March 2009.</p><p>To be clear, the conditions that existed during the housing crisis were extreme, sparking the worst U.S. economic downturn since the Great Depression. Extreme events are by definition rare, and most predictions of doom are false alarms. More money is lost bracing for bear markets than in them, even when they really happen.</p><p>Yet there have been 22 bear markets in the past century for all sorts of reasons. Economists who dismiss the possibility of a tumble just because specific excesses such as toxic subprime loans as in the mid-aughts or ludicrous dot-com valuations akin to the late &#39;90s don&#39;t exist today could wind up with egg on their faces. Like generals fighting the last war, they rely too much on their lived experience.</p><p>In a classic of the genre, then Bear Stearns chief economist David Malpass wrote a Wall Street Journal op-ed, &#34;Don&#39;t Panic About the Credit Market,&#34; in August 2007 after a two-month retreat in stock prices.</p><p>&#34;Unlike the 1998 seizure in credit markets to which many are now drawing comparisons, reservoirs of global liquidity are full to overflowing, not empty as they were that year,&#34; he wrote. &#34;The deep 1997-1998 Asian crisis has been replaced with an all-cylinder boom.&#34;</p><p>Despite five subsequent Fed rate cuts, his employer was among the first high-profile casualties of the credit meltdown. Two months after September 2007&#39;s rate-cutting cycle had begun, the mood already had darkened, yet a Wall Street Journal survey of 54 economists that month put the odds of any U.S. recession in the following 12 months at just one-third.</p><p>The chairman of the Fed doesn&#39;t have a magic wand to levitate an economy that is already stumbling or a stock market about to do the same. Goldman Sachs strategist David Kostin noted recently that &#34;the trajectory of growth is a more important driver for stocks than the speed of rate cuts.&#34;</p><p>His research shows that, if the economy has already been headed into a recession before the first rate cut, then the median path of the S&amp;P 500 has been to lose around 14% of its value in the coming year. If it wasn&#39;t headed into a recession, then it is the inverse. Lower rates most certainly matter for bond investors. They might only blunt an already-unfolding swoon for stocks, though, since they take so long to filter through to companies and consumers.</p><p>Claims that the U.S. economy could soon contract aren&#39;t very convincing at the moment, and a sharp pullback of a third or more in stocks would be unusual unless the economy stalls. That helps explain why stocks are near record highs and the usual signs of market caution so subdued. But so does the misguided belief that Fed cuts are themselves a reason to remain calm and keep buying.</p><p>There are smart people on the fringes -- they usually are at this stage -- warning about excesses in private credit and commercial real estate or the effect of China&#39;s alarming slowdown on the world economy. U.S. stocks have rarely been so expensive, concentrated or dependent on a single theme -- the promise of AI. And government indebtedness around the world has never been as high, making the response to the next recession trickier.</p><p>We&#39;re not in Kansas any more.</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>Sorry, the Fed Can't Save Us From a Bear 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\">\nSorry, the Fed Can't Save Us From a Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-09-22 07:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street commentary around this week&#39;s Fed rate cut could have filled a very long and boring book, but much of what you need to know about its effect on the stock market can be found in a movie rarely linked with monetary policy: &#34;The Wizard of Oz.&#34;</p><p>The great and powerful man behind the central bank curtain, Jerome Powell, really can&#39;t do as much as people think to keep their portfolios from shriveling if the wheels are already starting to come off the economy. Stocks&#39; initial reaction to Wednesday&#39;s cut was exuberant. That often proves to be a head fake, though -- we still don&#39;t know how this movie ends.</p><p>Take the start of the rate-cutting cycle in 2007 -- one that coincidentally began on the same day of the year, the same starting federal-funds rate, and was for an identical amount, half a percent (50 basis points) -- as Wednesday&#39;s move. The effect was electric: The Dow Jones Industrial Average had its largest gain in more than four years, rising 336 points, the equivalent of about 1,000 points today. Lehman Brothers shares were among the top performers, surging 10%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87332df9d93b9dea02c121a049013aad\" tg-width=\"931\" tg-height=\"768\"/></p><p>But, as we know now, stocks were just three weeks from their bull-market peak, a recession would begin in January 2008, and Lehman would collapse less than a year later in the largest-ever U.S. bankruptcy. By that time, the Fed had cut rates six more times -- moves of 25, 25, 75, 50, 75 and 25 basis points, in that order. The moves took rates to 2%, their lowest in nearly four years. In the two months following the Lehman panic, the Fed made three more steep cuts, slashing rates to zero (technically a range of 0% to 0.25%) for the first time ever.</p><p>Stocks surged then too, with the benchmark S&amp;P 500 jumping 4.7%. The Dow&#39;s gain of 360 points would be nearly 1,700 today. Yet they erased all of that day&#39;s rally in less than a week and would go on to shed another quarter of their value before bottoming in March 2009.</p><p>To be clear, the conditions that existed during the housing crisis were extreme, sparking the worst U.S. economic downturn since the Great Depression. Extreme events are by definition rare, and most predictions of doom are false alarms. More money is lost bracing for bear markets than in them, even when they really happen.</p><p>Yet there have been 22 bear markets in the past century for all sorts of reasons. Economists who dismiss the possibility of a tumble just because specific excesses such as toxic subprime loans as in the mid-aughts or ludicrous dot-com valuations akin to the late &#39;90s don&#39;t exist today could wind up with egg on their faces. Like generals fighting the last war, they rely too much on their lived experience.</p><p>In a classic of the genre, then Bear Stearns chief economist David Malpass wrote a Wall Street Journal op-ed, &#34;Don&#39;t Panic About the Credit Market,&#34; in August 2007 after a two-month retreat in stock prices.</p><p>&#34;Unlike the 1998 seizure in credit markets to which many are now drawing comparisons, reservoirs of global liquidity are full to overflowing, not empty as they were that year,&#34; he wrote. &#34;The deep 1997-1998 Asian crisis has been replaced with an all-cylinder boom.&#34;</p><p>Despite five subsequent Fed rate cuts, his employer was among the first high-profile casualties of the credit meltdown. Two months after September 2007&#39;s rate-cutting cycle had begun, the mood already had darkened, yet a Wall Street Journal survey of 54 economists that month put the odds of any U.S. recession in the following 12 months at just one-third.</p><p>The chairman of the Fed doesn&#39;t have a magic wand to levitate an economy that is already stumbling or a stock market about to do the same. Goldman Sachs strategist David Kostin noted recently that &#34;the trajectory of growth is a more important driver for stocks than the speed of rate cuts.&#34;</p><p>His research shows that, if the economy has already been headed into a recession before the first rate cut, then the median path of the S&amp;P 500 has been to lose around 14% of its value in the coming year. If it wasn&#39;t headed into a recession, then it is the inverse. Lower rates most certainly matter for bond investors. They might only blunt an already-unfolding swoon for stocks, though, since they take so long to filter through to companies and consumers.</p><p>Claims that the U.S. economy could soon contract aren&#39;t very convincing at the moment, and a sharp pullback of a third or more in stocks would be unusual unless the economy stalls. That helps explain why stocks are near record highs and the usual signs of market caution so subdued. But so does the misguided belief that Fed cuts are themselves a reason to remain calm and keep buying.</p><p>There are smart people on the fringes -- they usually are at this stage -- warning about excesses in private credit and commercial real estate or the effect of China&#39;s alarming slowdown on the world economy. U.S. stocks have rarely been so expensive, concentrated or dependent on a single theme -- the promise of AI. And government indebtedness around the world has never been as high, making the response to the next recession trickier.</p><p>We&#39;re not in Kansas any more.</p></body></html>\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://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2469511719","content_text":"Wall Street commentary around this week's Fed rate cut could have filled a very long and boring book, but much of what you need to know about its effect on the stock market can be found in a movie rarely linked with monetary policy: \"The Wizard of Oz.\"The great and powerful man behind the central bank curtain, Jerome Powell, really can't do as much as people think to keep their portfolios from shriveling if the wheels are already starting to come off the economy. Stocks' initial reaction to Wednesday's cut was exuberant. That often proves to be a head fake, though -- we still don't know how this movie ends.Take the start of the rate-cutting cycle in 2007 -- one that coincidentally began on the same day of the year, the same starting federal-funds rate, and was for an identical amount, half a percent (50 basis points) -- as Wednesday's move. The effect was electric: The Dow Jones Industrial Average had its largest gain in more than four years, rising 336 points, the equivalent of about 1,000 points today. Lehman Brothers shares were among the top performers, surging 10%.But, as we know now, stocks were just three weeks from their bull-market peak, a recession would begin in January 2008, and Lehman would collapse less than a year later in the largest-ever U.S. bankruptcy. By that time, the Fed had cut rates six more times -- moves of 25, 25, 75, 50, 75 and 25 basis points, in that order. The moves took rates to 2%, their lowest in nearly four years. In the two months following the Lehman panic, the Fed made three more steep cuts, slashing rates to zero (technically a range of 0% to 0.25%) for the first time ever.Stocks surged then too, with the benchmark S&P 500 jumping 4.7%. The Dow's gain of 360 points would be nearly 1,700 today. Yet they erased all of that day's rally in less than a week and would go on to shed another quarter of their value before bottoming in March 2009.To be clear, the conditions that existed during the housing crisis were extreme, sparking the worst U.S. economic downturn since the Great Depression. Extreme events are by definition rare, and most predictions of doom are false alarms. More money is lost bracing for bear markets than in them, even when they really happen.Yet there have been 22 bear markets in the past century for all sorts of reasons. Economists who dismiss the possibility of a tumble just because specific excesses such as toxic subprime loans as in the mid-aughts or ludicrous dot-com valuations akin to the late '90s don't exist today could wind up with egg on their faces. Like generals fighting the last war, they rely too much on their lived experience.In a classic of the genre, then Bear Stearns chief economist David Malpass wrote a Wall Street Journal op-ed, \"Don't Panic About the Credit Market,\" in August 2007 after a two-month retreat in stock prices.\"Unlike the 1998 seizure in credit markets to which many are now drawing comparisons, reservoirs of global liquidity are full to overflowing, not empty as they were that year,\" he wrote. \"The deep 1997-1998 Asian crisis has been replaced with an all-cylinder boom.\"Despite five subsequent Fed rate cuts, his employer was among the first high-profile casualties of the credit meltdown. Two months after September 2007's rate-cutting cycle had begun, the mood already had darkened, yet a Wall Street Journal survey of 54 economists that month put the odds of any U.S. recession in the following 12 months at just one-third.The chairman of the Fed doesn't have a magic wand to levitate an economy that is already stumbling or a stock market about to do the same. Goldman Sachs strategist David Kostin noted recently that \"the trajectory of growth is a more important driver for stocks than the speed of rate cuts.\"His research shows that, if the economy has already been headed into a recession before the first rate cut, then the median path of the S&P 500 has been to lose around 14% of its value in the coming year. If it wasn't headed into a recession, then it is the inverse. Lower rates most certainly matter for bond investors. They might only blunt an already-unfolding swoon for stocks, though, since they take so long to filter through to companies and consumers.Claims that the U.S. economy could soon contract aren't very convincing at the moment, and a sharp pullback of a third or more in stocks would be unusual unless the economy stalls. That helps explain why stocks are near record highs and the usual signs of market caution so subdued. But so does the misguided belief that Fed cuts are themselves a reason to remain calm and keep buying.There are smart people on the fringes -- they usually are at this stage -- warning about excesses in private credit and commercial real estate or the effect of China's alarming slowdown on the world economy. U.S. stocks have rarely been so expensive, concentrated or dependent on a single theme -- the promise of AI. And government indebtedness around the world has never been as high, making the response to the next recession trickier.We're not in Kansas any more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351425186885736,"gmtCreate":1726805161316,"gmtModify":1726805165567,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Meh. Name me a competitor.&nbsp;","listText":"Meh. Name me a competitor.&nbsp;","text":"Meh. Name me a competitor.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351425186885736","repostId":"2468265164","repostType":4,"repost":{"id":"2468265164","kind":"highlight","pubTimestamp":1726802965,"share":"https://ttm.financial/m/news/2468265164?lang=&edition=fundamental","pubTime":"2024-09-20 11:29","market":"hk","language":"en","title":"Meituan’s 63% Stock Surge Faces Risks in China Consumer Malaise","url":"https://stock-news.laohu8.com/highlight/detail?id=2468265164","media":"Blockhead","summary":"Meituan’s strategy to focus on lower prices has helped the Chinese food delivery company beat sales targets even as the slowing economy drags peers. Investors are now wondering whether its steep share-price gains can last as the macro weakness deepens.","content":"<html><head></head><body><ul style=\"\"><li><p>Food delivery firm’s cheap offering has boosted growth, shares</p></li><li><p>Weak macro, retailers’ struggles among reasons for caution</p></li></ul><p>Meituan’s strategy to focus on lower prices has helped the Chinese food delivery company beat sales targets even as the slowing economy drags peers. Investors are now wondering whether its steep share-price gains can last as the macro weakness deepens. </p><p>The firm last month posted 21% sales growth and a record high gross margin for the latest quarter despite anemic consumer spending. Backed by strong results, its Hong Kong-listed stock has surged 63% this year, outperforming all global food-delivery peers and topping the Hang Seng China Enterprises Index in 2024.</p><p>Meituan’s secret weapon is its cheaper, group-based Pin Hao Fan platform for ordering meals. The service’s success has helped cushion the company’s results so far, but concerns are growing about whether that offering alone will be able to defy the broader consumer slump.</p><p>“It’s a tricky one, because on one hand you’re seeing this robust revenue growth relative to other platforms, but on the other hand, you still have macro that’s weighing it down,” said Morningstar Inc. analyst Kai Wang. “And there’s still a long-term risk with regard to competition.”</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/53d3dfcf15d0cb0545c40995ebaabe19\" tg-width=\"1200\" tg-height=\"675\"/></p><p>For now at least, Meituan has benefited from a reduced threat by rivals. Alibaba Group Holding Ltd. is focusing on bolstering its core e-commerce business rather than its Ele.me food-delivery operation, while ByteDance Ltd.’s Douyin is emphasizing profitability over market share. </p><p>In addition to winning over customers, Pin Hao Fan is also attracting restaurants that are keen to advertise their cheaper products. As a result, the number of transacting users and active merchants both hit record highs on Meituan’s platforms in the second quarter.</p><p>The company has scored some early success with its push outside of mainland China as well, with its KeeTa delivery app in Hong Kong.</p><p>Among other things that have gone right, driver recruiting costs have dropped amid elevated youth unemployment, while Meituan has also saved money by shuttering underperforming warehouses and lowering user subsidies. On top of all this, a new $1 billion stock buyback helped boost investor confidence.</p><p>“The company is obviously adopting a low-price strategy to grab more market share and cater to the trend of consumption downgrade in China,” said Daniel So, a trading strategist at Goldhorse Capital Management (HK) Ltd. “But if the overall consumption is really weak, the new initiatives wouldn’t translate into a meaningful growth driver.”</p><p>Clouds are gathering, with China’s shaky economy starting to even pressure sales at value champion and former market darling PDD Holdings Inc. Catering chain stocks have been tumbling amid sluggish results, and restaurant sales growth has slowed to the weakest pace since pandemic lockdowns, according to data from China’s National Bureau of Statistics.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7cbc813febdb99e8e8ca203bf7ae3c5e\" tg-width=\"1200\" tg-height=\"675\"/></p><p>With many restaurants struggling for survival and consumer confidence deteriorating, “we continue to argue that Meituan’s revenue growth rate will likely decelerate,” said <a href=\"https://laohu8.com/S/FIYY\">Barclays PLC</a> analyst Jiong Shao, the only analyst among the 62 tracked by Bloomberg who recommends selling the stock. Analysts on average forecast its sales growth will slow to 16% in 2025 from 21% this year.</p><p>Valuations may not provide much reason for further upside. The shares are trading at a forward price-to-earnings ratio to 16 times, down from recent highs but still pricier than Hong Kong-traded tech peers. PDD and Alibaba are both trading below 10 times expected profits.</p><p>Risks are also on the rise as positioning in Meituan’s stock gets more crowded, according to Xiadong Bao, a fund manager at Edmond de Rothschild Asset Management. Investors are cautious about its “macro-sensitive nature” and whether the current growth rate is sustainable in a deflationary environment, he added.</p></body></html>","source":"bnn_bloomberg_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meituan’s 63% Stock Surge Faces Risks in China Consumer Malaise</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeituan’s 63% Stock Surge Faces Risks in China Consumer Malaise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-20 11:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/business/technology/2024/09/20/meituans-63-stock-surge-faces-risks-in-china-consumer-malaise/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Food delivery firm’s cheap offering has boosted growth, sharesWeak macro, retailers’ struggles among reasons for cautionMeituan’s strategy to focus on lower prices has helped the Chinese food delivery...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/technology/2024/09/20/meituans-63-stock-surge-faces-risks-in-china-consumer-malaise/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1282648689.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AMG\" (USD) INC","BK4505":"高瓴资本持仓","LU1046421795.USD":"富达环球科技A-ACC","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4565":"NFT概念","LU1051768304.USD":"贝莱德新兴市场股票收益A6","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4554":"元宇宙及AR概念","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4531":"中概回港概念","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4534":"瑞士信贷持仓","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","03690":"美团-W","MPNGY":"美团ADR","BK4587":"ChatGPT概念","BK4575":"芯片概念","BK4558":"双十一","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","BK4524":"宅经济概念","BK4220":"综合零售","BK4535":"淡马锡持仓","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4538":"云计算","BK4527":"明星科技股","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4579":"人工智能","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","BK4526":"热门中概股","BK4588":"碎股","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4502":"阿里概念","LU0821914370.USD":"贝莱德亚洲成长领袖A2"},"source_url":"https://www.bnnbloomberg.ca/business/technology/2024/09/20/meituans-63-stock-surge-faces-risks-in-china-consumer-malaise/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2468265164","content_text":"Food delivery firm’s cheap offering has boosted growth, sharesWeak macro, retailers’ struggles among reasons for cautionMeituan’s strategy to focus on lower prices has helped the Chinese food delivery company beat sales targets even as the slowing economy drags peers. Investors are now wondering whether its steep share-price gains can last as the macro weakness deepens. The firm last month posted 21% sales growth and a record high gross margin for the latest quarter despite anemic consumer spending. Backed by strong results, its Hong Kong-listed stock has surged 63% this year, outperforming all global food-delivery peers and topping the Hang Seng China Enterprises Index in 2024.Meituan’s secret weapon is its cheaper, group-based Pin Hao Fan platform for ordering meals. The service’s success has helped cushion the company’s results so far, but concerns are growing about whether that offering alone will be able to defy the broader consumer slump.“It’s a tricky one, because on one hand you’re seeing this robust revenue growth relative to other platforms, but on the other hand, you still have macro that’s weighing it down,” said Morningstar Inc. analyst Kai Wang. “And there’s still a long-term risk with regard to competition.”For now at least, Meituan has benefited from a reduced threat by rivals. Alibaba Group Holding Ltd. is focusing on bolstering its core e-commerce business rather than its Ele.me food-delivery operation, while ByteDance Ltd.’s Douyin is emphasizing profitability over market share. In addition to winning over customers, Pin Hao Fan is also attracting restaurants that are keen to advertise their cheaper products. As a result, the number of transacting users and active merchants both hit record highs on Meituan’s platforms in the second quarter.The company has scored some early success with its push outside of mainland China as well, with its KeeTa delivery app in Hong Kong.Among other things that have gone right, driver recruiting costs have dropped amid elevated youth unemployment, while Meituan has also saved money by shuttering underperforming warehouses and lowering user subsidies. On top of all this, a new $1 billion stock buyback helped boost investor confidence.“The company is obviously adopting a low-price strategy to grab more market share and cater to the trend of consumption downgrade in China,” said Daniel So, a trading strategist at Goldhorse Capital Management (HK) Ltd. “But if the overall consumption is really weak, the new initiatives wouldn’t translate into a meaningful growth driver.”Clouds are gathering, with China’s shaky economy starting to even pressure sales at value champion and former market darling PDD Holdings Inc. Catering chain stocks have been tumbling amid sluggish results, and restaurant sales growth has slowed to the weakest pace since pandemic lockdowns, according to data from China’s National Bureau of Statistics.With many restaurants struggling for survival and consumer confidence deteriorating, “we continue to argue that Meituan’s revenue growth rate will likely decelerate,” said Barclays PLC analyst Jiong Shao, the only analyst among the 62 tracked by Bloomberg who recommends selling the stock. Analysts on average forecast its sales growth will slow to 16% in 2025 from 21% this year.Valuations may not provide much reason for further upside. The shares are trading at a forward price-to-earnings ratio to 16 times, down from recent highs but still pricier than Hong Kong-traded tech peers. PDD and Alibaba are both trading below 10 times expected profits.Risks are also on the rise as positioning in Meituan’s stock gets more crowded, according to Xiadong Bao, a fund manager at Edmond de Rothschild Asset Management. Investors are cautious about its “macro-sensitive nature” and whether the current growth rate is sustainable in a deflationary environment, he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350294284210424,"gmtCreate":1726549054678,"gmtModify":1726549932142,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Soft your lj","listText":"Soft your lj","text":"Soft your lj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350294284210424","repostId":"2467811721","repostType":4,"repost":{"id":"2467811721","kind":"highlight","pubTimestamp":1726539367,"share":"https://ttm.financial/m/news/2467811721?lang=&edition=fundamental","pubTime":"2024-09-17 10:16","market":"sg","language":"en","title":"Alibaba Should Keep Rising From Here","url":"https://stock-news.laohu8.com/highlight/detail?id=2467811721","media":"seekingalpha","summary":"Alibaba's stock remains a soft 'buy' due to attractive pricing and a recent regulatory victory, despite mixed performance across its diverse operations.The company's Taobao and Tmall Group saw a sligh","content":"<html><head></head><body><ul style=\"\"><li><p>Alibaba&#39;s stock remains a soft &#39;buy&#39; due to attractive pricing and a recent regulatory victory, despite mixed performance across its diverse operations.</p></li><li><p>The company&#39;s Taobao and Tmall Group saw a slight revenue decline, but Alibaba International Digital Commerce Group and Cloud Intelligence Group showed significant growth.</p></li><li><p>Investments in technology and user experience have impacted short-term profits, but these are strategic moves for long-term improvement.</p></li><li><p>Despite challenges, Alibaba&#39;s valuation is compelling, especially when compared to similar firms, justifying a continued soft &#39;buy&#39; rating.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4f805543ab3786cb8cb1d7d9034e0368\" tg-width=\"750\" tg-height=\"500\"/></p><p>Robert Way</p><p></p><p>One company that I have been following for some time is <strong>Alibaba Group Holding Limited</strong> (NYSE:BABA). With a market capitalization of $195.8 billion as of this writing, the business is one of the largest on the planet. Those who do follow the company closely know that it&#39;s the largest e-commerce company that is based out of China. But at its core, it has a lot of different operations. Some of these, recently, have been performing very nicely. Others, on the other hand, have seen some weak spots. All in all, the stock does look attractively priced, and management just received an important regulatory victory that should help to push shares higher. Given these factors, I have no problem keeping the company rated a soft &#39;buy&#39; for now.</p><p>This rating is something I have been consistent about for quite a while. The last time I rated the company a &#39;buy&#39; was back in June of this year. Since then, things have gone quite well. The S&amp;P 500 is up 2.2% over that window of time. By comparison, Alibaba is up a whopping 12.1%. This is on top of another 7.3% the stock was up from the prior. I wrote about it at a time when the S&amp;P 500 was up only 5.3%. Although not all of my calls have been this good regarding this particular candidate, I do suspect that the long-term outlook for shareholders should be mildly positive.</p><h2 id=\"id_3974892804\">A necessary disclosure</h2><p>In this article, I reference all figures in US dollars. Management actually provides US dollar figures for the most recent quarter. But to make sure that we aren&#39;t comparing apples to oranges here, I am translating prior year figures into US dollars at the same exchange rate that management used for the most recent quarter.</p><h2 id=\"id_1279001530\">A mixed bag</h2><p>Before I get into the fundamentals regarding Alibaba, I would like to touch on a development that occurred a couple of weeks ago that should prove bullish for the company. For three years, the Chinese government had been investigating Alibaba over monopolistic practices that were alleged. This investigation followed a $2.8 billion fine that the company was hit with back in 2021 for the same reasons. But since then, the Chinese regulator, the State Administration for Market Regulation, had been keeping a close eye on the company to ensure that it became compliant with that nation&#39;s antitrust regulations.</p><p>According to that regulator, the rectification work that the e-commerce business was forced to undergo saw &#39;good results&#39;. This is not the end of the picture. Moving forward, Alibaba will be forced to standardize certain operations and to further improve both the quality and efficiency of its compliance. I do not know how long this part of the process will take. But the fact that regulators in China are pleased with progress is a big positive for shareholders. Unlike the US, the Chinese government has significantly more flexibility in how it deals with violations of its laws. So this should be viewed in very much a positive light.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/62763858daf3537b5ecf047b2c77bd74\" tg-width=\"640\" tg-height=\"281\"/></p><p>Author - SEC EDGAR Data</p><p></p><p>Now, moving on to fundamentals, when I last wrote about the company earlier this year, we had data covering through the final quarter of the 2024 fiscal year. Results now extend through the first quarter of 2025. Before we get into the company as a whole, I do think it would be useful to look at each of its major operating units as they stand individually. The most significant set of operations is known as the Taobao and Tmall Group. This includes the company&#39;s consumer and business-to-business e-commerce operations.</p><p>Even though you would expect this part of the company to continue growing, we actually have seen some contraction as of late. Revenue in the first quarter of 2025 came in at $15.60 billion. This is actually down 1.4% compared to the $15.82 billion the company reported just one year earlier. Even though this is disappointing to see, management claims that the drop was largely attributable to a decline in sales of consumer electronics and appliances that was orchestrated by the firm. The company made this decision to reduce certain direct sales, likely because of low margins and expected weak demand. This is not to say that all parts of that business performed poorly. Its wholesale commerce business in China jumped 16% year over year thanks to certain value-added services that the company provided to paying members. And customer management revenue grew by 1%.</p><p>The business saw a similar decline, about 1% in total, when it came to segment profits. These fell from $6.79 billion to $6.72 billion. Interestingly, management rhetoric regarding this had nothing to do with the decrease in revenue. In fact, they said that segment profits fell because of higher investments in things like the user experience, as well as greater investments in technology infrastructure.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eaf3e40bd0f0f594d90427a6ee6b5266\" tg-width=\"640\" tg-height=\"285\"/></p><p>Author - SEC EDGAR Data</p><p></p><p>The next largest part of the company, at least during the first quarter, was the Alibaba International Digital Commerce Group. Through this unit, the company offers up international commerce retail and wholesale optionality. Most notably, this includes its famous AliExpress operation. From a revenue perspective, this was a shining star for shareholders. Revenue skyrocketed 32.4% from $3.04 billion to $4.03 billion. This was mostly attributable to a 38.2% surge in the company&#39;s international commerce retail business that management stated was caused by improvements in monetization and a growth in its AliExpress&#39; Choice service. For those not familiar, Choice is a premium service that the company offers curation of the best value products, as well as things like free shipping, free returns, and more. This was initially launched in early 2023. Since then, it has been a huge growth driver for the company.</p><p>I don&#39;t know about you, but I would expect such an increase in revenue to bring with it a rise in profits. Unfortunately, segment profits worsened. The company went from losing $58 million to losing $510 million on a year-over-year basis. Even though these operations saw significant improvements in monetization and improved operating efficiencies, management&#39;s decision to increase investments in AliExpress negatively impacted the bottom line. It also doesn&#39;t help that Trendyol, which is a fashion-oriented e-commerce platform owned by the company that happens to engage in cross-border shipments, also saw increased investments by the parent company.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c16710011e9cb19b1e69b0f95aab7862\" tg-width=\"640\" tg-height=\"278\"/></p><p>Author - SEC EDGAR Data</p><p></p><p>To me, the most exciting part of Alibaba is its Cloud Intelligence Group. As its name suggests, this is the company&#39;s cloud computing operation. In fact, in the Asia Pacific region, it is the largest such cloud computing company there is. Year over year, revenue did manage to grow as the industry itself expands. That growth, however, was only about 5.9%, with revenue climbing from $3.45 billion to $3.65 billion. According to management, revenue involving public cloud products grew at a double-digit rate, largely thanks to AI-related products. But as was the case elsewhere for the company, some of the weakness was intentional. Specifically, there was a decrease in non-public cloud revenue because of the company&#39;s decision to move away from project-based activities that, historically speaking, offer very little in the way of margin.</p><p>This decision seems to be bearing fruit. In the first quarter of the 2024 fiscal year, this part of the company generated profits of $126 million. But for the first quarter of 2025, profits were substantially higher at $322 million. This does seem to be part of a broader trend in the cloud computing market. In fact, I recently wrote an article about how Google parent <strong>Alphabet</strong> (GOOG) (GOOGL) saw improvements in its bottom line involving these operations.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a23218381820f8af0d1df8276f24e297\" tg-width=\"640\" tg-height=\"288\"/></p><p>Author - SEC EDGAR Data</p><p></p><p>The last operating segment that I will provide some meaningful detail on is called Cainiao Smart Logistics Network Limited. This is a vital part of the company that focuses specifically on customer fulfillment. The company&#39;s long-term goal is to guarantee that customers can have their goods delivered to them within 24 hours if they live within China. If they live outside of China, the objective is to make sure their goods can reach the desired destination in 72 hours or less. This part of the company actually saw rather remarkable growth, with revenue shooting up 15.8% year over year from $3.19 billion to $3.69 billion. This was mostly because of a rise in sales from cross-border fulfillment solutions. Honestly, I consider this very exciting because it means that the firm&#39;s services are good enough to be in demand from customers in other nations.</p><p>Unfortunately, just like what we saw with some other parts of the company, profitability for this unit did decline. Segment profits plunged from $121 million to only $85 million. But as was the case with other parts of the company, this was thanks to increased investments being made by management. Specifically, these investments have been focused on cross-border fulfillment solutions.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4577a07f38793f5fce43c022696e94a2\" tg-width=\"640\" tg-height=\"254\"/></p><p>Author - SEC EDGAR Data</p><p></p><p>As the chart above illustrates, there are other parts of the company as well. These parts of the business saw a growth in sales year over year. The most impressive involved the Local Services Group, which focuses on food and beverage delivery, as well as the delivery of other products, directly to consumers&#39; homes. Sales there jumped 12.3% year over year while the bottom line improved from a loss of $272 million to a loss of $53 million.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/627332d2c1d38fe4a18b003b965d0737\" tg-width=\"640\" tg-height=\"249\"/></p><p>Author - SEC EDGAR Data</p><p></p><p>For the company as a whole, investors enjoyed growth year over year. Revenue managed to climb 3.9% from $32.22 billion to $33.47 billion. As you can probably figure, this increase was mostly because of the Alibaba International Digital Commerce Group, the Cloud Intelligence Group, and the Cainiao Smart Logistics Network segment. As great as it was to see a rise in sales, profits, and cash flows for the business declined. Net income fell from $4.73 billion to $3.34 billion. Operating cash flow dropped from $6.23 billion to $4.63 billion. And finally, EBITDA pulled back slightly from $7.16 billion to $7.04 billion.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a007ef6fe0c91e28515b54d98f9896b8\" tg-width=\"640\" tg-height=\"300\"/></p><p>Author - SEC EDGAR Data</p><p></p><p>Unfortunately, we don&#39;t have any real guidance when it comes to the 2025 fiscal year in its entirety. But if we annualize the results seen so far for the year, we would get net income of $7.81 billion, operating cash flow of $18.77 billion, and EBITDA of $26.09 billion. Using these estimates, as well as historical results for 2024, we can see in the chart above how shares of the company are currently valued. Relative to earnings, at least on a forward basis, the stock does look a bit pricey. But when it comes to the other two profitability metrics, it looks solid. In the table below, I then compared Alibaba to two similar firms. And even if we use the more conservative 2025 estimates, estimates mind you that are probably unreliable because we only have one quarter worth of data, we find that Alibaba is cheaper than either of these businesses when it comes to both its price to operating cash flow and its EV to EBITDA multiples. And on a price to earnings basis, it was in between the two.</p><table style=\"border-collapse:collapse;\"><tbody><tr><td style=\"text-align:left;\"><p><strong>Company</strong></p></td><td style=\"text-align:left;\"><p><strong>Price/Earnings</strong></p></td><td style=\"text-align:left;\"><p><strong>Price/Operating Cash Flow</strong></p></td><td style=\"text-align:left;\"><p><strong>EV/EBITDA</strong></p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Alibaba</strong></p></td><td style=\"text-align:left;\"><p><strong>25.1</strong></p></td><td style=\"text-align:left;\"><p><strong>10.4</strong></p></td><td style=\"text-align:left;\"><p><strong>7.4</strong></p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Alphabet</strong></p></td><td style=\"text-align:left;\"><p><strong>21.9</strong></p></td><td style=\"text-align:left;\"><p><strong>17.4</strong></p></td><td style=\"text-align:left;\"><p><strong>15.3</strong></p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Amazon (AMZN)</strong></p></td><td style=\"text-align:left;\"><p><strong>44.2</strong></p></td><td style=\"text-align:left;\"><p><strong>17.5</strong></p></td><td style=\"text-align:left;\"><p><strong>18.8</strong></p></td></tr></tbody></table><p>Click to enlarge</p><h2 id=\"id_3977177242\">Takeaway</h2><p>Based on the data provided, I would say that Alibaba is most certainly facing some mixed times. A lot of the negatives that we are seeing do happen to be intentionally inflicted by management in order for the company to further improve operations for the long haul. This is the best kind of weakness that an investor can hope for. But even with these mixed figures, shares look attractively priced, both on an absolute basis and relative to similar firms. I do know that, as a Chinese company, Alibaba deserves to trade at a discount compared to American-based competitors. As I detailed in another prior article, this is because of rampant corruption throughout China and more intensive government control. But even after accounting for that, I think that shares are cheap enough to justify a soft &#39;buy&#39; rating at this time.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Should Keep Rising From Here</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Should Keep Rising From Here\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-17 10:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4721303-alibaba-should-keep-rising-from-here><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba's stock remains a soft 'buy' due to attractive pricing and a recent regulatory victory, despite mixed performance across its diverse operations.The company's Taobao and Tmall Group saw a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4721303-alibaba-should-keep-rising-from-here\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"89988":"阿里巴巴-WR","BK4554":"元宇宙及AR概念","LU0229945570.USD":"TEMPLETON BRIC \"A\" (USD) ACC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","BK1575":"同股不同权","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4553":"喜马拉雅资本持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","BABA":"阿里巴巴","LU0228367735.SGD":"Eastspring Investments - Asian Equity Fund AS SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0048580855.USD":"富达大中华区A","LU0140636845.USD":"施罗德大中华区股票A Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0196878994.USD":"MANULIFE GF CHINA VALUE \"AA\" (USD) INC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","09988":"阿里巴巴-W","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","BK4502":"阿里概念","BK1521":"挪威政府全球养老基金持仓","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4505":"高瓴资本持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4573":"虚拟现实","BK4581":"高盛持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4504":"桥水持仓","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE00B5MMRT66.SGD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (SGDHDG) ACC","IE00B543WZ88.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0149725797.USD":"汇丰美国股市经济规模基金"},"source_url":"https://seekingalpha.com/article/4721303-alibaba-should-keep-rising-from-here","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2467811721","content_text":"Alibaba's stock remains a soft 'buy' due to attractive pricing and a recent regulatory victory, despite mixed performance across its diverse operations.The company's Taobao and Tmall Group saw a slight revenue decline, but Alibaba International Digital Commerce Group and Cloud Intelligence Group showed significant growth.Investments in technology and user experience have impacted short-term profits, but these are strategic moves for long-term improvement.Despite challenges, Alibaba's valuation is compelling, especially when compared to similar firms, justifying a continued soft 'buy' rating.Robert WayOne company that I have been following for some time is Alibaba Group Holding Limited (NYSE:BABA). With a market capitalization of $195.8 billion as of this writing, the business is one of the largest on the planet. Those who do follow the company closely know that it's the largest e-commerce company that is based out of China. But at its core, it has a lot of different operations. Some of these, recently, have been performing very nicely. Others, on the other hand, have seen some weak spots. All in all, the stock does look attractively priced, and management just received an important regulatory victory that should help to push shares higher. Given these factors, I have no problem keeping the company rated a soft 'buy' for now.This rating is something I have been consistent about for quite a while. The last time I rated the company a 'buy' was back in June of this year. Since then, things have gone quite well. The S&P 500 is up 2.2% over that window of time. By comparison, Alibaba is up a whopping 12.1%. This is on top of another 7.3% the stock was up from the prior. I wrote about it at a time when the S&P 500 was up only 5.3%. Although not all of my calls have been this good regarding this particular candidate, I do suspect that the long-term outlook for shareholders should be mildly positive.A necessary disclosureIn this article, I reference all figures in US dollars. Management actually provides US dollar figures for the most recent quarter. But to make sure that we aren't comparing apples to oranges here, I am translating prior year figures into US dollars at the same exchange rate that management used for the most recent quarter.A mixed bagBefore I get into the fundamentals regarding Alibaba, I would like to touch on a development that occurred a couple of weeks ago that should prove bullish for the company. For three years, the Chinese government had been investigating Alibaba over monopolistic practices that were alleged. This investigation followed a $2.8 billion fine that the company was hit with back in 2021 for the same reasons. But since then, the Chinese regulator, the State Administration for Market Regulation, had been keeping a close eye on the company to ensure that it became compliant with that nation's antitrust regulations.According to that regulator, the rectification work that the e-commerce business was forced to undergo saw 'good results'. This is not the end of the picture. Moving forward, Alibaba will be forced to standardize certain operations and to further improve both the quality and efficiency of its compliance. I do not know how long this part of the process will take. But the fact that regulators in China are pleased with progress is a big positive for shareholders. Unlike the US, the Chinese government has significantly more flexibility in how it deals with violations of its laws. So this should be viewed in very much a positive light.Author - SEC EDGAR DataNow, moving on to fundamentals, when I last wrote about the company earlier this year, we had data covering through the final quarter of the 2024 fiscal year. Results now extend through the first quarter of 2025. Before we get into the company as a whole, I do think it would be useful to look at each of its major operating units as they stand individually. The most significant set of operations is known as the Taobao and Tmall Group. This includes the company's consumer and business-to-business e-commerce operations.Even though you would expect this part of the company to continue growing, we actually have seen some contraction as of late. Revenue in the first quarter of 2025 came in at $15.60 billion. This is actually down 1.4% compared to the $15.82 billion the company reported just one year earlier. Even though this is disappointing to see, management claims that the drop was largely attributable to a decline in sales of consumer electronics and appliances that was orchestrated by the firm. The company made this decision to reduce certain direct sales, likely because of low margins and expected weak demand. This is not to say that all parts of that business performed poorly. Its wholesale commerce business in China jumped 16% year over year thanks to certain value-added services that the company provided to paying members. And customer management revenue grew by 1%.The business saw a similar decline, about 1% in total, when it came to segment profits. These fell from $6.79 billion to $6.72 billion. Interestingly, management rhetoric regarding this had nothing to do with the decrease in revenue. In fact, they said that segment profits fell because of higher investments in things like the user experience, as well as greater investments in technology infrastructure.Author - SEC EDGAR DataThe next largest part of the company, at least during the first quarter, was the Alibaba International Digital Commerce Group. Through this unit, the company offers up international commerce retail and wholesale optionality. Most notably, this includes its famous AliExpress operation. From a revenue perspective, this was a shining star for shareholders. Revenue skyrocketed 32.4% from $3.04 billion to $4.03 billion. This was mostly attributable to a 38.2% surge in the company's international commerce retail business that management stated was caused by improvements in monetization and a growth in its AliExpress' Choice service. For those not familiar, Choice is a premium service that the company offers curation of the best value products, as well as things like free shipping, free returns, and more. This was initially launched in early 2023. Since then, it has been a huge growth driver for the company.I don't know about you, but I would expect such an increase in revenue to bring with it a rise in profits. Unfortunately, segment profits worsened. The company went from losing $58 million to losing $510 million on a year-over-year basis. Even though these operations saw significant improvements in monetization and improved operating efficiencies, management's decision to increase investments in AliExpress negatively impacted the bottom line. It also doesn't help that Trendyol, which is a fashion-oriented e-commerce platform owned by the company that happens to engage in cross-border shipments, also saw increased investments by the parent company.Author - SEC EDGAR DataTo me, the most exciting part of Alibaba is its Cloud Intelligence Group. As its name suggests, this is the company's cloud computing operation. In fact, in the Asia Pacific region, it is the largest such cloud computing company there is. Year over year, revenue did manage to grow as the industry itself expands. That growth, however, was only about 5.9%, with revenue climbing from $3.45 billion to $3.65 billion. According to management, revenue involving public cloud products grew at a double-digit rate, largely thanks to AI-related products. But as was the case elsewhere for the company, some of the weakness was intentional. Specifically, there was a decrease in non-public cloud revenue because of the company's decision to move away from project-based activities that, historically speaking, offer very little in the way of margin.This decision seems to be bearing fruit. In the first quarter of the 2024 fiscal year, this part of the company generated profits of $126 million. But for the first quarter of 2025, profits were substantially higher at $322 million. This does seem to be part of a broader trend in the cloud computing market. In fact, I recently wrote an article about how Google parent Alphabet (GOOG) (GOOGL) saw improvements in its bottom line involving these operations.Author - SEC EDGAR DataThe last operating segment that I will provide some meaningful detail on is called Cainiao Smart Logistics Network Limited. This is a vital part of the company that focuses specifically on customer fulfillment. The company's long-term goal is to guarantee that customers can have their goods delivered to them within 24 hours if they live within China. If they live outside of China, the objective is to make sure their goods can reach the desired destination in 72 hours or less. This part of the company actually saw rather remarkable growth, with revenue shooting up 15.8% year over year from $3.19 billion to $3.69 billion. This was mostly because of a rise in sales from cross-border fulfillment solutions. Honestly, I consider this very exciting because it means that the firm's services are good enough to be in demand from customers in other nations.Unfortunately, just like what we saw with some other parts of the company, profitability for this unit did decline. Segment profits plunged from $121 million to only $85 million. But as was the case with other parts of the company, this was thanks to increased investments being made by management. Specifically, these investments have been focused on cross-border fulfillment solutions.Author - SEC EDGAR DataAs the chart above illustrates, there are other parts of the company as well. These parts of the business saw a growth in sales year over year. The most impressive involved the Local Services Group, which focuses on food and beverage delivery, as well as the delivery of other products, directly to consumers' homes. Sales there jumped 12.3% year over year while the bottom line improved from a loss of $272 million to a loss of $53 million.Author - SEC EDGAR DataFor the company as a whole, investors enjoyed growth year over year. Revenue managed to climb 3.9% from $32.22 billion to $33.47 billion. As you can probably figure, this increase was mostly because of the Alibaba International Digital Commerce Group, the Cloud Intelligence Group, and the Cainiao Smart Logistics Network segment. As great as it was to see a rise in sales, profits, and cash flows for the business declined. Net income fell from $4.73 billion to $3.34 billion. Operating cash flow dropped from $6.23 billion to $4.63 billion. And finally, EBITDA pulled back slightly from $7.16 billion to $7.04 billion.Author - SEC EDGAR DataUnfortunately, we don't have any real guidance when it comes to the 2025 fiscal year in its entirety. But if we annualize the results seen so far for the year, we would get net income of $7.81 billion, operating cash flow of $18.77 billion, and EBITDA of $26.09 billion. Using these estimates, as well as historical results for 2024, we can see in the chart above how shares of the company are currently valued. Relative to earnings, at least on a forward basis, the stock does look a bit pricey. But when it comes to the other two profitability metrics, it looks solid. In the table below, I then compared Alibaba to two similar firms. And even if we use the more conservative 2025 estimates, estimates mind you that are probably unreliable because we only have one quarter worth of data, we find that Alibaba is cheaper than either of these businesses when it comes to both its price to operating cash flow and its EV to EBITDA multiples. And on a price to earnings basis, it was in between the two.CompanyPrice/EarningsPrice/Operating Cash FlowEV/EBITDAAlibaba25.110.47.4Alphabet21.917.415.3Amazon (AMZN)44.217.518.8Click to enlargeTakeawayBased on the data provided, I would say that Alibaba is most certainly facing some mixed times. A lot of the negatives that we are seeing do happen to be intentionally inflicted by management in order for the company to further improve operations for the long haul. This is the best kind of weakness that an investor can hope for. But even with these mixed figures, shares look attractively priced, both on an absolute basis and relative to similar firms. I do know that, as a Chinese company, Alibaba deserves to trade at a discount compared to American-based competitors. As I detailed in another prior article, this is because of rampant corruption throughout China and more intensive government control. But even after accounting for that, I think that shares are cheap enough to justify a soft 'buy' rating at this time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349949390921736,"gmtCreate":1726464770623,"gmtModify":1726464774712,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"moon [smile]","listText":"moon [smile]","text":"moon [smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349949390921736","isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":305691356557464,"gmtCreate":1715666177445,"gmtModify":1715666181001,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/305691356557464","repostId":"2435583222","repostType":4,"repost":{"id":"2435583222","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1715652531,"share":"https://ttm.financial/m/news/2435583222?lang=&edition=fundamental","pubTime":"2024-05-14 10:08","market":"sg","language":"en","title":"Alibaba Stock Has Surged on China Growth Hopes. Earnings Could Derail the Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2435583222","media":"Dow Jones","summary":"Alibaba Group Holding stock has been on a roll for the past month in response to hope that better times for China's economy could help its online retail business. Quarterly earnings from the company, due on Tuesday, could fuel the rally, or finish it.While Alibaba's American depositary receipts are down 4% over the past year, trading for a fraction of the high they reached in late 2020, the stock has jumped 19% in the past month. The gain has come in response to optimism over the prospect of economic stimulus and growth in China, which has endured a market-rattling slowdown in the past year.The latest leg higher for Alibaba came on Monday. The stock closed up 5.7% in U.S. trading as investors digested inflation data disclosed over the weekend. China's consumer price index rose 0.3% from a year earlier in April, up from a 0.1% increase in March and the 0.1% gain economists had expected.That is a good sign for Alibaba because it indicates that consumers are buying again. Data showing def","content":"<html><head></head><body><p>Alibaba Group Holding stock has been on a roll for the past month in response to hope that better times for China&#39;s economy could help its online retail business. Quarterly earnings from the company, due on Tuesday, could fuel the rally, or finish it.</p><p>While Alibaba&#39;s American depositary receipts are down 4% over the past year, trading for a fraction of the high they reached in late 2020, the stock has jumped 19% in the past month. The gain has come in response to optimism over the prospect of economic stimulus and growth in China, which has endured a market-rattling slowdown in the past year.</p><p>The latest leg higher for Alibaba came on Monday. The stock closed up 5.7% in U.S. trading as investors digested inflation data disclosed over the weekend. China&#39;s consumer price index rose 0.3% from a year earlier in April, up from a 0.1% increase in March and the 0.1% gain economists had expected.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9c63b7155e413dd774ab980d409c4c06\" tg-width=\"804\" tg-height=\"622\"/></p><p>That is a good sign for Alibaba because it indicates that consumers are buying again. Data showing deflation has rattled the stock because falling prices not only signal that demand is weak, but also give consumers a reason to delay making purchases.</p><p>Alibaba will report results for its March quarter on Tuesday. The company is expected to report earnings of 1.29 Chinese yuan (18 cents) a share from revenue of 220.6 billion yuan ($30.5 billion).</p><p>Investors will want to see the company meet or beat those results to send the stock higher. They will also focus on what management has to say about the outlook.</p><p>Alibaba doesn&#39;t typically give formal financial forecasts when it releases earnings, but management could still offer signals about consumption trends in China. News about the company&#39;s high-growth cloud computing and artificial intelligence arm could move the stock as well.</p><p>Good news out of Alibaba could keep the rally going, while bad news would do the opposite. That would strengthen the argument that the shares, which look cheap by most valuation metrics, are really a value trap.</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 Stock Has Surged on China Growth Hopes. Earnings Could Derail the Rally</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 Stock Has Surged on China Growth Hopes. Earnings Could Derail the Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-14 10:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Alibaba Group Holding stock has been on a roll for the past month in response to hope that better times for China&#39;s economy could help its online retail business. Quarterly earnings from the company, due on Tuesday, could fuel the rally, or finish it.</p><p>While Alibaba&#39;s American depositary receipts are down 4% over the past year, trading for a fraction of the high they reached in late 2020, the stock has jumped 19% in the past month. The gain has come in response to optimism over the prospect of economic stimulus and growth in China, which has endured a market-rattling slowdown in the past year.</p><p>The latest leg higher for Alibaba came on Monday. The stock closed up 5.7% in U.S. trading as investors digested inflation data disclosed over the weekend. China&#39;s consumer price index rose 0.3% from a year earlier in April, up from a 0.1% increase in March and the 0.1% gain economists had expected.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9c63b7155e413dd774ab980d409c4c06\" tg-width=\"804\" tg-height=\"622\"/></p><p>That is a good sign for Alibaba because it indicates that consumers are buying again. Data showing deflation has rattled the stock because falling prices not only signal that demand is weak, but also give consumers a reason to delay making purchases.</p><p>Alibaba will report results for its March quarter on Tuesday. The company is expected to report earnings of 1.29 Chinese yuan (18 cents) a share from revenue of 220.6 billion yuan ($30.5 billion).</p><p>Investors will want to see the company meet or beat those results to send the stock higher. They will also focus on what management has to say about the outlook.</p><p>Alibaba doesn&#39;t typically give formal financial forecasts when it releases earnings, but management could still offer signals about consumption trends in China. News about the company&#39;s high-growth cloud computing and artificial intelligence arm could move the stock as well.</p><p>Good news out of Alibaba could keep the rally going, while bad news would do the opposite. That would strengthen the argument that the shares, which look cheap by most valuation metrics, are really a value trap.</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":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2435583222","content_text":"Alibaba Group Holding stock has been on a roll for the past month in response to hope that better times for China's economy could help its online retail business. Quarterly earnings from the company, due on Tuesday, could fuel the rally, or finish it.While Alibaba's American depositary receipts are down 4% over the past year, trading for a fraction of the high they reached in late 2020, the stock has jumped 19% in the past month. The gain has come in response to optimism over the prospect of economic stimulus and growth in China, which has endured a market-rattling slowdown in the past year.The latest leg higher for Alibaba came on Monday. The stock closed up 5.7% in U.S. trading as investors digested inflation data disclosed over the weekend. China's consumer price index rose 0.3% from a year earlier in April, up from a 0.1% increase in March and the 0.1% gain economists had expected.That is a good sign for Alibaba because it indicates that consumers are buying again. Data showing deflation has rattled the stock because falling prices not only signal that demand is weak, but also give consumers a reason to delay making purchases.Alibaba will report results for its March quarter on Tuesday. The company is expected to report earnings of 1.29 Chinese yuan (18 cents) a share from revenue of 220.6 billion yuan ($30.5 billion).Investors will want to see the company meet or beat those results to send the stock higher. They will also focus on what management has to say about the outlook.Alibaba doesn't typically give formal financial forecasts when it releases earnings, but management could still offer signals about consumption trends in China. News about the company's high-growth cloud computing and artificial intelligence arm could move the stock as well.Good news out of Alibaba could keep the rally going, while bad news would do the opposite. That would strengthen the argument that the shares, which look cheap by most valuation metrics, are really a value trap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":269449603981312,"gmtCreate":1706800419593,"gmtModify":1706800424473,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Wah lan eh. Farking waste time article.","listText":"Wah lan eh. Farking waste time article.","text":"Wah lan eh. Farking waste time article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269449603981312","repostId":"1139130014","repostType":2,"repost":{"id":"1139130014","kind":"news","pubTimestamp":1706799600,"share":"https://ttm.financial/m/news/1139130014?lang=&edition=fundamental","pubTime":"2024-02-01 23:00","market":"hk","language":"en","title":"Was Jack Ma \"Buying the Dip\" in Alibaba, Or Is There Something More?","url":"https://stock-news.laohu8.com/highlight/detail?id=1139130014","media":"KrASIA","summary":"Joseph Tsai and Jack Ma recently acquired a hefty chunk of Alibaba’s stocks, emerging as the largest shareholders. Market observers are left pondering the significance of this power move.Jack Ma and J","content":"<html><head></head><body><p>Joseph Tsai and Jack Ma recently acquired a hefty chunk of Alibaba’s stocks, emerging as the largest shareholders. Market observers are left pondering the significance of this power move.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35bd6533f76fcefbae13f86f67ae71b8\" tg-width=\"1000\" tg-height=\"667\"/></p><p style=\"text-align: start;\">Jack Ma and Joseph Tsai, the co-founders of Alibaba Group, have emerged as the two largest shareholders of the technology giant they co-founded in 1999, after aggressively acquiring its tumbling shares on the stock markets in the US and Hong Kong.</p><p style=\"text-align: start;\">According to <em>South China Morning Post</em>, Ma, who retired as Alibaba’s executive chairman in 2019, bought around USD 50 million of the Chinese company’s stock in the fourth quarter last year, raising his stake beyond the 4.3% reported at the end of 2021. This makes him the largest single shareholder of the company, according to unnamed sources cited by the media outlet.</p><p style=\"text-align: start;\">Tsai, who took over Alibaba’s chairmanship from Daniel Zhang in September last year, purchased 1.957 million shares for USD 151.7 million in the same quarter (Q4 2023) through Blue Pool Management, his family investment vehicle. Accordingly, Tsai has become the second largest shareholder, having previously owned 1.4% of Alibaba’s shares last year, according to the company’s annual report.</p><p style=\"text-align: start;\">The combined shareholding of the two co-founders now eclipse SoftBank Group, which has been reducing its stake in Alibaba since the company’s 2014 IPO. The investment firm, led by Masayoshi Son, has largely reduced its stake in Alibaba through forward contracts, cutting it from around 7% in December 2022 to approximately 2% by March last year. This was further diluted to less than 0.5% as of May 2023, according to Morgan Stanley.</p><h3 id=\"id_684870819\" style=\"text-align: start;\">A show of support for his (former) languishing empire</h3><p style=\"text-align: start;\">Ma and Tsai’s acquisition of Alibaba’s shares comes at a tumultuous time for the company.</p><p style=\"text-align: start;\">The warning bell first sounded toward the end of November 2023, when Alibaba’s market value reportedly dipped below PDD Holdings for the first time ever, according to data compiled by <em>Bloomberg</em>.</p><p style=\"text-align: start;\">Having dominated the internet industry for over a decade, primarily under Ma’s leadership, this seemingly inconceivable shift became possible after Alibaba failed to arrest the dip in its market value, while PDD, buoyed by the successes of Pinduoduo and Temu both domestically and internationally, was steadily becoming more popular on the capital market. This dethroning was largely formalized earlier this year, when PDD’s market capitalization was noted to have consistently surpassed that of Alibaba’s, making it de facto the most valuable US-listed Chinese company.</p><p style=\"text-align: start;\">Elsewhere, Lazada, which is Alibaba’s main e-commerce company in Southeast Asia, has been struggling to keep up with the industry’s tempo in the region. Since Alibaba’s acquisition of the company in 2016, it has necessitated multiple capital infusions to develop new strategies, in a bid to turn profitable. Alibaba last injected USD 634 million in Lazada in December 2023, adding to a total of USD 7.47 billion that it has hitherto invested in the company.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1468734ca8fa40aad9ef39d061836560\" tg-width=\"1315\" tg-height=\"887\"/></p><p>Despite the major financial commitment, Lazada has yet to discover consistent business success, having to lay off hundreds of staff at the start of this year as part of restructuring efforts to optimize its operational efficiency. While Shopee had previously resorted to a similar approach, the Sea-owned competitor is now holding a steadfast position as market leader amid the mayhem Lazada is experiencing.</p><p style=\"text-align: start;\">Meanwhile, newer player TikTok has extended its foothold in various parts of the region, most notably in Indonesia where it has forged a partnership with local player Tokopedia, having recently acquired a controlling stake in the company. Temu, which is part of PDD, has also made its first foray into the region, entering Malaysia and the Philippines, intensifying competition further.</p><p style=\"text-align: start;\">On home ground, Ele.me, Alibaba’s food delivery and local lifestyle service provider, has seen its operations affected by persistent rumors about a potential acquisition by ByteDance’s Douyin, which is the Chinese equivalent of the short video platform TikTok.</p><p style=\"text-align: start;\">Even Taobao Tmall Commerce Group (also known as Taotian Group), which oversees the operations of Taobao and Tmall, has entered a sluggish phase of growth, hitting various bottlenecks as its user traffic has seemingly peaked while struggling to meet changing user demands.</p><p style=\"text-align: start;\">Efforts to capitalize on new opportunities have seen limited success as well. For example, the tech giant is apparently out of cadence with the pace of artificial intelligence development. Despite the development of Tongyi Qianwen (Qwen), its large language model (LLM), adoption has been relatively modest, overshadowed by foreign rivals like OpenAI’s ChatGPT while lacking differentiation from domestic counterparts such as Baidu’s Ernie Bot and Tencent’s Hunyuan.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3d9d40c854f9e470ddbc3264f45574e3\" alt=\"Photo of Daniel Zhang, former chairman and CEO of Alibaba Group and former CEO of Alibaba Cloud Intelligence Group, unveiling Tongyi Qianwen, the company’s large language model, to the public on April 11, 2023. A 2.0 iteration of the LLM was later launched in October the same year, with purportedly enhanced capabilities compared to the inaugural version. Photo source: Alibaba Group.\" title=\"Photo of Daniel Zhang, former chairman and CEO of Alibaba Group and former CEO of Alibaba Cloud Intelligence Group, unveiling Tongyi Qianwen, the company’s large language model, to the public on April 11, 2023. A 2.0 iteration of the LLM was later launched in October the same year, with purportedly enhanced capabilities compared to the inaugural version. Photo source: Alibaba Group.\" tg-width=\"1024\" tg-height=\"576\"/><span>Photo of Daniel Zhang, former chairman and CEO of Alibaba Group and former CEO of Alibaba Cloud Intelligence Group, unveiling Tongyi Qianwen, the company’s large language model, to the public on April 11, 2023. A 2.0 iteration of the LLM was later launched in October the same year, with purportedly enhanced capabilities compared to the inaugural version. Photo source: Alibaba Group.</span></p><p style=\"text-align: start;\">Noting the lackluster performance of Alibaba in the aforementioned areas, Ma and Tsai’s purchase of Alibaba’s shares can foreseeably be seen as a strong display of confidence in the company’s ability to rebound from the challenges it is currently facing. Notably, this move has not gone unnoticed, with Alibaba’s market share surging approximately HKD 100 million when news first broke. Market observers believe that this could also have a spillover effect on the outlook of other Chinese technology companies in the capital market.</p><h3 id=\"id_1567950162\" style=\"text-align: start;\">Is there a greater significance behind Ma’s purchase of Alibaba’s stocks?</h3><p style=\"text-align: start;\">Considering Ma’s stature, some observers may wonder about the significance of his involvement in the latest move: was he merely “buying the dip,” or does the purchase foreshadow a larger strategic move yet to unfold?</p><p style=\"text-align: start;\">While some parallels exist between this instance and the return of Steve Jobs to Apple in 1997, there are several signs that downplay the possibility of a fairytale return for Ma to an active role at Alibaba.</p><p style=\"text-align: start;\">For one, Ma has been mostly removed from Alibaba’s activities since he retired from the company’s board in 2019. Following his departure, his touchpoints with Alibaba have been relatively limited, save for a few notable occasions. Two examples of these occurred in June and November last year:</p><ul style=\"list-style-type: disc;\"><li><p>In June 2023, Ma held an informal meeting with e-commerce executives, advising them to refocus on Taobao amid China’s economic slowdown.</p></li><li><p>Later, in November 2023, Ma took to an internal message board to rally Alibaba’s workers, urging them to help the company “correct its course” and expressing confidence that Alibaba can rediscover its success with determination and hardwork. “Every great company is born in a winter,” Ma wrote in response to a staff post at that time.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1b5c73c8f0bb5f96d5dc31a2c091dbb1\" alt=\"Jack Ma, having stepped away from an active role at Alibaba and its subsidiaries since 2019, remains a lifetime partner in the Alibaba Partnership. This group of executives is tasked with shaping the company’s strategy and culture. Photo from KrASIA’s archive.\" title=\"Jack Ma, having stepped away from an active role at Alibaba and its subsidiaries since 2019, remains a lifetime partner in the Alibaba Partnership. This group of executives is tasked with shaping the company’s strategy and culture. Photo from KrASIA’s archive.\" tg-width=\"1024\" tg-height=\"591\"/><span>Jack Ma, having stepped away from an active role at Alibaba and its subsidiaries since 2019, remains a lifetime partner in the Alibaba Partnership. This group of executives is tasked with shaping the company’s strategy and culture. Photo from KrASIA’s archive.</span></p><p style=\"text-align: start;\">Aside from these occasional encounters, Ma has been more actively involved with Yimiba, a group of entities which he de facto owns. His involvement in this new venture traces back to 2018, when, in his final open letter to shareholders as chairman of Alibaba’s board of directors, he made public his intention to devote more time to education, charity, and the environment.</p><p style=\"text-align: start;\">His words were largely corroborated by subsequent activities he publicly partook in. While not commonly sighted in public since his exit from Alibaba, Ma has, on occasion, been spotted visiting agriculture-related facilities and participating in activities related to agricultural and environmental issues:</p><ul style=\"list-style-type: disc;\"><li><p>In September 2021, photos of Ma visiting the county of Pinghu in Jiaxing, Zhejiang were distributed online. These photos depicted him visiting several agricultural greenhouses as well as Alibaba’s local digital agriculture facility. He also paid visits to Dezhou and Jinan the following month to look into various smart agriculture projects. Ma was also sighted in Spain and the Netherlands, where he examined related technologies.</p></li><li><p>During his six-month stint in Japan, Ma studied marine farming technology at Kindai University and the Tokyo University of Marine Design and Technology. In May last year, he was appointed as a visiting professor at the University of Tokyo, with a research focus on sustainable agriculture and food production.</p></li><li><p>Ma’s recent activities have largely been intertwined with ventures under Yimiba, including Majia Kitchen, a business that reportedly focuses on pre-packaged meals, agricultural product processing, and wholesale.</p></li></ul><p>Moreover, it’s worth noting that Alibaba had already been undergoing a fresh round of organizational restructuring. In September last year, Eddie Wu (also known as Wu Yongming) replaced Daniel Zhang as group CEO, who had announced his intention to step down in June. Wu subsequently took over the reins at Taotian Group from Trudy Dai to gain closer oversight of Alibaba’s e-commerce operations. Ma’s return in any formal capacity could risk throwing Alibaba into internal disarray.</p><p style=\"text-align: start;\">Regardless, the ball is now in Alibaba’s court to consolidate and synergize its efforts, in a bid to achieve better outcomes. It’s clear the odds are major. As Ma once said, industry leaders can quickly fall if they become complacent and careless. Alibaba may once have held a deep-seated leading position in China, achieved over the years under the leadership of Ma and his peers, but getting dethroned by PDD as the market leader is an unignorable sign that it is no longer untouchable.</p><p style=\"text-align: start;\">Alibaba must double down on its efforts in the right areas, and quickly, to relocate success, in order to fulfill its vision of lasting for 102 years.</p></body></html>","source":"lsy1706777251642","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>Was Jack Ma \"Buying the Dip\" in Alibaba, Or Is There Something More?</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\">\nWas Jack Ma \"Buying the Dip\" in Alibaba, Or Is There Something More?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-01 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://kr-asia.com/was-jack-ma-buying-the-dip-in-alibaba-or-is-there-something-more><strong>KrASIA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Joseph Tsai and Jack Ma recently acquired a hefty chunk of Alibaba’s stocks, emerging as the largest shareholders. Market observers are left pondering the significance of this power move.Jack Ma and ...</p>\n\n<a href=\"https://kr-asia.com/was-jack-ma-buying-the-dip-in-alibaba-or-is-there-something-more\">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://kr-asia.com/was-jack-ma-buying-the-dip-in-alibaba-or-is-there-something-more","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139130014","content_text":"Joseph Tsai and Jack Ma recently acquired a hefty chunk of Alibaba’s stocks, emerging as the largest shareholders. Market observers are left pondering the significance of this power move.Jack Ma and Joseph Tsai, the co-founders of Alibaba Group, have emerged as the two largest shareholders of the technology giant they co-founded in 1999, after aggressively acquiring its tumbling shares on the stock markets in the US and Hong Kong.According to South China Morning Post, Ma, who retired as Alibaba’s executive chairman in 2019, bought around USD 50 million of the Chinese company’s stock in the fourth quarter last year, raising his stake beyond the 4.3% reported at the end of 2021. This makes him the largest single shareholder of the company, according to unnamed sources cited by the media outlet.Tsai, who took over Alibaba’s chairmanship from Daniel Zhang in September last year, purchased 1.957 million shares for USD 151.7 million in the same quarter (Q4 2023) through Blue Pool Management, his family investment vehicle. Accordingly, Tsai has become the second largest shareholder, having previously owned 1.4% of Alibaba’s shares last year, according to the company’s annual report.The combined shareholding of the two co-founders now eclipse SoftBank Group, which has been reducing its stake in Alibaba since the company’s 2014 IPO. The investment firm, led by Masayoshi Son, has largely reduced its stake in Alibaba through forward contracts, cutting it from around 7% in December 2022 to approximately 2% by March last year. This was further diluted to less than 0.5% as of May 2023, according to Morgan Stanley.A show of support for his (former) languishing empireMa and Tsai’s acquisition of Alibaba’s shares comes at a tumultuous time for the company.The warning bell first sounded toward the end of November 2023, when Alibaba’s market value reportedly dipped below PDD Holdings for the first time ever, according to data compiled by Bloomberg.Having dominated the internet industry for over a decade, primarily under Ma’s leadership, this seemingly inconceivable shift became possible after Alibaba failed to arrest the dip in its market value, while PDD, buoyed by the successes of Pinduoduo and Temu both domestically and internationally, was steadily becoming more popular on the capital market. This dethroning was largely formalized earlier this year, when PDD’s market capitalization was noted to have consistently surpassed that of Alibaba’s, making it de facto the most valuable US-listed Chinese company.Elsewhere, Lazada, which is Alibaba’s main e-commerce company in Southeast Asia, has been struggling to keep up with the industry’s tempo in the region. Since Alibaba’s acquisition of the company in 2016, it has necessitated multiple capital infusions to develop new strategies, in a bid to turn profitable. Alibaba last injected USD 634 million in Lazada in December 2023, adding to a total of USD 7.47 billion that it has hitherto invested in the company.Despite the major financial commitment, Lazada has yet to discover consistent business success, having to lay off hundreds of staff at the start of this year as part of restructuring efforts to optimize its operational efficiency. While Shopee had previously resorted to a similar approach, the Sea-owned competitor is now holding a steadfast position as market leader amid the mayhem Lazada is experiencing.Meanwhile, newer player TikTok has extended its foothold in various parts of the region, most notably in Indonesia where it has forged a partnership with local player Tokopedia, having recently acquired a controlling stake in the company. Temu, which is part of PDD, has also made its first foray into the region, entering Malaysia and the Philippines, intensifying competition further.On home ground, Ele.me, Alibaba’s food delivery and local lifestyle service provider, has seen its operations affected by persistent rumors about a potential acquisition by ByteDance’s Douyin, which is the Chinese equivalent of the short video platform TikTok.Even Taobao Tmall Commerce Group (also known as Taotian Group), which oversees the operations of Taobao and Tmall, has entered a sluggish phase of growth, hitting various bottlenecks as its user traffic has seemingly peaked while struggling to meet changing user demands.Efforts to capitalize on new opportunities have seen limited success as well. For example, the tech giant is apparently out of cadence with the pace of artificial intelligence development. Despite the development of Tongyi Qianwen (Qwen), its large language model (LLM), adoption has been relatively modest, overshadowed by foreign rivals like OpenAI’s ChatGPT while lacking differentiation from domestic counterparts such as Baidu’s Ernie Bot and Tencent’s Hunyuan.Photo of Daniel Zhang, former chairman and CEO of Alibaba Group and former CEO of Alibaba Cloud Intelligence Group, unveiling Tongyi Qianwen, the company’s large language model, to the public on April 11, 2023. A 2.0 iteration of the LLM was later launched in October the same year, with purportedly enhanced capabilities compared to the inaugural version. Photo source: Alibaba Group.Noting the lackluster performance of Alibaba in the aforementioned areas, Ma and Tsai’s purchase of Alibaba’s shares can foreseeably be seen as a strong display of confidence in the company’s ability to rebound from the challenges it is currently facing. Notably, this move has not gone unnoticed, with Alibaba’s market share surging approximately HKD 100 million when news first broke. Market observers believe that this could also have a spillover effect on the outlook of other Chinese technology companies in the capital market.Is there a greater significance behind Ma’s purchase of Alibaba’s stocks?Considering Ma’s stature, some observers may wonder about the significance of his involvement in the latest move: was he merely “buying the dip,” or does the purchase foreshadow a larger strategic move yet to unfold?While some parallels exist between this instance and the return of Steve Jobs to Apple in 1997, there are several signs that downplay the possibility of a fairytale return for Ma to an active role at Alibaba.For one, Ma has been mostly removed from Alibaba’s activities since he retired from the company’s board in 2019. Following his departure, his touchpoints with Alibaba have been relatively limited, save for a few notable occasions. Two examples of these occurred in June and November last year:In June 2023, Ma held an informal meeting with e-commerce executives, advising them to refocus on Taobao amid China’s economic slowdown.Later, in November 2023, Ma took to an internal message board to rally Alibaba’s workers, urging them to help the company “correct its course” and expressing confidence that Alibaba can rediscover its success with determination and hardwork. “Every great company is born in a winter,” Ma wrote in response to a staff post at that time.Jack Ma, having stepped away from an active role at Alibaba and its subsidiaries since 2019, remains a lifetime partner in the Alibaba Partnership. This group of executives is tasked with shaping the company’s strategy and culture. Photo from KrASIA’s archive.Aside from these occasional encounters, Ma has been more actively involved with Yimiba, a group of entities which he de facto owns. His involvement in this new venture traces back to 2018, when, in his final open letter to shareholders as chairman of Alibaba’s board of directors, he made public his intention to devote more time to education, charity, and the environment.His words were largely corroborated by subsequent activities he publicly partook in. While not commonly sighted in public since his exit from Alibaba, Ma has, on occasion, been spotted visiting agriculture-related facilities and participating in activities related to agricultural and environmental issues:In September 2021, photos of Ma visiting the county of Pinghu in Jiaxing, Zhejiang were distributed online. These photos depicted him visiting several agricultural greenhouses as well as Alibaba’s local digital agriculture facility. He also paid visits to Dezhou and Jinan the following month to look into various smart agriculture projects. Ma was also sighted in Spain and the Netherlands, where he examined related technologies.During his six-month stint in Japan, Ma studied marine farming technology at Kindai University and the Tokyo University of Marine Design and Technology. In May last year, he was appointed as a visiting professor at the University of Tokyo, with a research focus on sustainable agriculture and food production.Ma’s recent activities have largely been intertwined with ventures under Yimiba, including Majia Kitchen, a business that reportedly focuses on pre-packaged meals, agricultural product processing, and wholesale.Moreover, it’s worth noting that Alibaba had already been undergoing a fresh round of organizational restructuring. In September last year, Eddie Wu (also known as Wu Yongming) replaced Daniel Zhang as group CEO, who had announced his intention to step down in June. Wu subsequently took over the reins at Taotian Group from Trudy Dai to gain closer oversight of Alibaba’s e-commerce operations. Ma’s return in any formal capacity could risk throwing Alibaba into internal disarray.Regardless, the ball is now in Alibaba’s court to consolidate and synergize its efforts, in a bid to achieve better outcomes. It’s clear the odds are major. As Ma once said, industry leaders can quickly fall if they become complacent and careless. Alibaba may once have held a deep-seated leading position in China, achieved over the years under the leadership of Ma and his peers, but getting dethroned by PDD as the market leader is an unignorable sign that it is no longer untouchable.Alibaba must double down on its efforts in the right areas, and quickly, to relocate success, in order to fulfill its vision of lasting for 102 years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266687830200424,"gmtCreate":1706144869422,"gmtModify":1706144874299,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?","listText":"lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?","text":"lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/266687830200424","repostId":"266501172904224","repostType":1,"repost":{"id":266501172904224,"gmtCreate":1706099345215,"gmtModify":1706110258458,"author":{"id":"3570622365838239","authorId":"3570622365838239","name":"N30","avatar":"https://community-static.tradeup.com/news/33bf6a97d91ccaf61eb8245d0322ab01","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3570622365838239","authorIdStr":"3570622365838239"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz. <a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz. <a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;","text":"$Alibaba(BABA)$ My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz. @CaptainTiger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266501172904224","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573191001665366","authorId":"3573191001665366","name":"G3113","avatar":"https://community-static.tradeup.com/news/9871a22da6d58de3e699d77467b37730","crmLevel":3,"crmLevelSwitch":1,"idStr":"3573191001665366","authorIdStr":"3573191001665366"},"content":"Yes, Jack Ma has to buy the whole china to stop the Chinese market from hemorrhaging. You don’t seem to understand the situation lol","text":"Yes, Jack Ma has to buy the whole china to stop the Chinese market from hemorrhaging. You don’t seem to understand the situation lol","html":"Yes, Jack Ma has to buy the whole china to stop the Chinese market from hemorrhaging. You don’t seem to understand the situation lol"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266528068902952,"gmtCreate":1706105853864,"gmtModify":1706105859937,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Fark up article. Say like didn't say. So should I buy it don't buy you cb","listText":"Fark up article. Say like didn't say. So should I buy it don't buy you cb","text":"Fark up article. Say like didn't say. So should I buy it don't buy you cb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266528068902952","repostId":"2405483024","repostType":2,"repost":{"id":"2405483024","kind":"highlight","pubTimestamp":1706104439,"share":"https://ttm.financial/m/news/2405483024?lang=&edition=fundamental","pubTime":"2024-01-24 21:53","market":"us","language":"en","title":"Alibaba Stock Jumps as Jack Ma Buys Shares. Should Investors Do the Same?","url":"https://stock-news.laohu8.com/highlight/detail?id=2405483024","media":"marketwatch","summary":"Alibaba stock surged late Tuesday and were advancing again on Wednesday as investors appeared to celebrate a report that Jack Ma—the company’s famous co-founder and former CEO—has been among insiders ","content":"<html><head></head><body><p>Alibaba stock surged late Tuesday and were advancing again on Wednesday as investors appeared to celebrate a report that Jack Ma—the company’s famous co-founder and former CEO—has been among insiders buying up shares. U.S. investors might want ot be more cautious.</p><p>It would be an endorsement of Alibaba’s growth potential, but Ma could be falling into a value trap that has caught many other investors in recent years.</p><p>Ma has been buying up shares in Alibaba, the New York Times reported on Tuesday, citing an anonymous source, with the former CEO scooping up $50 million worth of the company’s Hong Kong-traded stock in the last quarter. Alibaba chairman Joe Tsai has also been buying the stock, the report said, with regulatory filings confirming that his family office bought almost $152 million of the U.S.-traded shares last quarter. </p><p>Both men, Alibaba co-founders, are already sizable shareholders, but news of the fresh buying gave Alibaba a boost, with the stock finishing 7.9% higher on Tuesday and advancing a further 1.8% in U.S. premarket trading on Wednesday.</p><p>Shares in Alibaba have been beaten down over the past couple of years, with the stock down some 75% from a late-2020 peak. The company was at the forefront of a tech sector crackdown by Chinese regulators, complicated by pressures from Washington, D.C., too—with a hoped-for rebound in 2023 scuttled by a slowdown in China’s economy that weakened consumers. Symbolically, Alibaba recently lost its crown as the most valuable Chinese online retailer to PDD, the owner of Pinduoduo and Temu, which has found great success as consumers flock to its budget-oriented platforms.</p><p>Jack Ma’s reported double-down on Alibaba stock is, indeed, a vote of confidence—but the Chinese billionaire could be falling into a value trap that has become all-too familiar to the company’s shareholders. </p><p>Alibaba, by most financial metrics, has looked screamingly cheap for years, but the stock just hasn’t been able to stage a recovery, despite fairly impressive results from management in recent quarters.</p><p>Wall Street still likes the stock. Analysts surveyed by FactSet overwhelmingly rate it at Buy, with only one recorded Sell rating. The consensus target price implies an upside of more than 50% from current levels.</p><p>The stock looks attractive. But many investors—and the late great Charlie Munger was one—have already been waiting years for bullish calls to play out.</p><p>Buy it at your own risk.</p></body></html>","source":"mwatch_stock","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 Stock Jumps as Jack Ma Buys Shares. Should Investors Do the Same?</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 Stock Jumps as Jack Ma Buys Shares. Should Investors Do the Same?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-24 21:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/alibaba-stock-price-buy-sell-jack-ma-7e392978?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba stock surged late Tuesday and were advancing again on Wednesday as investors appeared to celebrate a report that Jack Ma—the company’s famous co-founder and former CEO—has been among insiders ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/alibaba-stock-price-buy-sell-jack-ma-7e392978?mod=newsviewer_click\">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://www.marketwatch.com/articles/alibaba-stock-price-buy-sell-jack-ma-7e392978?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2405483024","content_text":"Alibaba stock surged late Tuesday and were advancing again on Wednesday as investors appeared to celebrate a report that Jack Ma—the company’s famous co-founder and former CEO—has been among insiders buying up shares. U.S. investors might want ot be more cautious.It would be an endorsement of Alibaba’s growth potential, but Ma could be falling into a value trap that has caught many other investors in recent years.Ma has been buying up shares in Alibaba, the New York Times reported on Tuesday, citing an anonymous source, with the former CEO scooping up $50 million worth of the company’s Hong Kong-traded stock in the last quarter. Alibaba chairman Joe Tsai has also been buying the stock, the report said, with regulatory filings confirming that his family office bought almost $152 million of the U.S.-traded shares last quarter. Both men, Alibaba co-founders, are already sizable shareholders, but news of the fresh buying gave Alibaba a boost, with the stock finishing 7.9% higher on Tuesday and advancing a further 1.8% in U.S. premarket trading on Wednesday.Shares in Alibaba have been beaten down over the past couple of years, with the stock down some 75% from a late-2020 peak. The company was at the forefront of a tech sector crackdown by Chinese regulators, complicated by pressures from Washington, D.C., too—with a hoped-for rebound in 2023 scuttled by a slowdown in China’s economy that weakened consumers. Symbolically, Alibaba recently lost its crown as the most valuable Chinese online retailer to PDD, the owner of Pinduoduo and Temu, which has found great success as consumers flock to its budget-oriented platforms.Jack Ma’s reported double-down on Alibaba stock is, indeed, a vote of confidence—but the Chinese billionaire could be falling into a value trap that has become all-too familiar to the company’s shareholders. Alibaba, by most financial metrics, has looked screamingly cheap for years, but the stock just hasn’t been able to stage a recovery, despite fairly impressive results from management in recent quarters.Wall Street still likes the stock. Analysts surveyed by FactSet overwhelmingly rate it at Buy, with only one recorded Sell rating. The consensus target price implies an upside of more than 50% from current levels.The stock looks attractive. But many investors—and the late great Charlie Munger was one—have already been waiting years for bullish calls to play out.Buy it at your own risk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262667432214640,"gmtCreate":1705161962453,"gmtModify":1705161966830,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;","listText":"[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;","text":"[Tongue] [Sad] [Tongue] [Sad] [Grin] [Sad] [Grin] [Sad] [Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262667432214640","isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262313978339464,"gmtCreate":1705075693631,"gmtModify":1705075697555,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Sly]&nbsp;&nbsp;[Glance]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Surprised]&nbsp;&nbsp;","listText":"[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Sly]&nbsp;&nbsp;[Glance]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Surprised]&nbsp;&nbsp;","text":"[Grin] [Sad] [Tongue] [Sad] [Sly] [Glance] [Sad] [Grin] [Sad] [Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262313978339464","isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261959269687592,"gmtCreate":1704989808449,"gmtModify":1704989812387,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"[Smug]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Speechless]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Speechless]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Speechless]&nbsp;&nbsp;","listText":"[Smug]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Speechless]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Speechless]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Speechless]&nbsp;&nbsp;","text":"[Smug] [Sad] [Speechless] [Tongue] [Tongue] [Speechless] [Tongue] [Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261959269687592","isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9915310595,"gmtCreate":1664953442117,"gmtModify":1676537535404,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Haha. love that all the bears are trying to down play the rally. Remember that all bull markets started when everybody still believe markets have yet to bottom. \"fake rally\", \"bull trap\" etc while the market keeps going up.&nbsp;Figure that out. Best is not to time the market, but&nbsp;stay and buy good companies.&nbsp;","listText":"Haha. love that all the bears are trying to down play the rally. Remember that all bull markets started when everybody still believe markets have yet to bottom. \"fake rally\", \"bull trap\" etc while the market keeps going up.&nbsp;Figure that out. Best is not to time the market, but&nbsp;stay and buy good companies.&nbsp;","text":"Haha. love that all the bears are trying to down play the rally. Remember that all bull markets started when everybody still believe markets have yet to bottom. \"fake rally\", \"bull trap\" etc while the market keeps going up. Figure that out. Best is not to time the market, but stay and buy good companies.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":46,"commentSize":48,"repostSize":0,"link":"https://ttm.financial/post/9915310595","repostId":"2273790857","repostType":2,"repost":{"id":"2273790857","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1664951401,"share":"https://ttm.financial/m/news/2273790857?lang=&edition=fundamental","pubTime":"2022-10-05 14:30","market":"us","language":"en","title":"The Latest Advance for Stocks Could Signal More Pain Ahead for Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=2273790857","media":"Dow Jones","summary":"Signs of a durable market bottom are still nowhere to be foundU.S. stocks kicked off the fourth quar","content":"<html><head></head><body><ul><li>Signs of a durable market bottom are still nowhere to be found</li></ul><p>U.S. stocks kicked off the fourth quarter with sharp gains as the Dow Jones Industrial Average appears headed for its biggest two-day rally in more than 2 1/2  years.</p><p>But as tempting as it might be to call a bottom in stocks, Nicholas Colas, co-founder of DataTrek Research, said Tuesday that investors should brace for more carnage in the near term as several reliable historical signs of a durable bottom are still missing from markets.</p><p>Valuations are still too high, Colas said, and although 2022 has seen immense two-way volatility in stocks, sharp moves higher historically tend to signal that more volatility might be in store for stocks.</p><p>&#34;Happy as we are that U.S. equities had a nice bounce today, this move is best considered as just another day in a rough year,&#34; Colas said.</p><p>While they have been extremely common since the start of 2022, historically speaking, single-session advances of 2% or more are a relative rarity for markets. Since 2013, years that contained fewer single-day advances of 2% or more tended to result in stronger performance over the course of the year, Colas said.</p><p>The one exception to this was 2020, when the S&amp;P 500 registered 19 daily gains of 2% or more. However, Colas argued that most of these outsize moves occurred during the first half of the year, when markets were still reeling from the onset of the COVID-19 pandemic.</p><p>During the second half of the year, the S&amp;P 500 saw exaggerated moves in only two sessions, as Colas shows in the chart below, using data from DataTrek.<img src=\"https://static.tigerbbs.com/42c5e73903392129f809e593161d59f1\" tg-width=\"892\" tg-height=\"446\" referrerpolicy=\"no-referrer\"/>&#34;Simply put, strong 1-day S&amp;P rallies (+2%) are NOT the sign of a healthy market,&#34; Colas wrote.</p><h3>How do we know the bottom is in?</h3><p>In the past, when long-term bottoms have arrived, stocks have typically greeted them with a large intraday move of at least 3.5%. This held true for the cycle lows that arrived in October 2002, March 2009 and March 2020.</p><p>Based on this benchmark, Monday&#39;s bounce wasn&#39;t large enough to signal a meaningful turning point.</p><p><img src=\"https://static.tigerbbs.com/3bbf1f967a1bbb207e745b7a88da9223\" tg-width=\"890\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/></p><h3>Valuations are still historically rich</h3><p>Colas also argued that stocks are still relatively richly valued based on a popular measure of cyclically adjusted equity valuations.</p><p>Instead of using forward earnings expectations, or trailing 12-month earnings, the Shiller ratio is based on the inflation-adjusted average of corporate earnings over the past 10 years.</p><p>According to the Shiller PE ratio, the long-run mean valuation for stocks dating back to the 1870s is between 16 times and 17 times cyclically-adjusted earnings. As of Friday, the S&amp;P 500 -- which was created in 1957 -- was trading at 27.5 times earnings, and after Monday&#39;s rally, it was trading at 28.2 times, Colas said.</p><p>Does this mean stocks are now cheap enough to warrant buying? That depends on one&#39;s macro view, Colas said. But the only thing investors can be certain of is that stocks have exited the valuation &#34;danger zone&#34; north of 30 times average adjusted long-term earnings.</p><p><img src=\"https://static.tigerbbs.com/3806cc79d7c3f703218a479612d0aa17\" tg-width=\"700\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><h3>What about the VIX?</h3><p>The last two protracted periods of market weakness offer some insights about how movements in the Cboe Volatility Index, also known as the VIX,  might play out as investors try to anticipate when the ultimate market bottom might arrive.</p><p>During the dot-com blowup, the VIX &#34;experienced a series of rolling spikes that ground away at market confidence and valuations.&#34; Ultimately, it took 2 1/2  years for stocks to bottom out after prices peaked in March 2000.</p><p>By comparison, after the financial crisis in 2008, markets bottomed out more quickly -- but not before the VIX reached a peak above 80, more than double its intraday high from June.</p><p>&#34;As painful as it might be over the next few months, long term investors could not be blamed for hoping that 2022 looks more like 2007 -- 2009 than 2000 -- 2002,&#34; Colas said.</p><p>U.S. stocks are headed for back-to-back gains on Tuesday, with the S&amp;P 500  up 2.9% to 3,784, the Dow Jones Industrial Average  up 2.6% at 30,258 and the Nasdaq Composite  up 3.3% to 11,174.</p><p>Market strategists have attributed the rebound in stocks to a pullback in bond yields stoked by expectations that the Fed may need to &#34;pivot&#34; toward a less aggressive interest-rate hikes.</p><p>Neil Dutta, head of U.S. economic research at Renaissance Macro Research, said in a note to clients Tuesday that the Reserve Bank of Australia&#39;s smaller-than-expected interest-rate hike overnight marked the latest in a series of &#34;wins&#34; for investors betting on a Fed &#34;pivot.&#34;</p><p>&#34;This is great, but in the back of my mind I am thinking, this can&#39;t possibly last,&#34; Dutta wrote.</p><p>Colas told his clients last week that the VIX would need to close above 30 for at least a few consecutive sessions before a &#34;tradable&#34; rebound could arrive.</p><p>That call ended up being correct. But unfortunately, the close above 40 on the VIX that Colas has been waiting for since spring has yet to arrive.</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>The Latest Advance for Stocks Could Signal More Pain Ahead for Markets</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\">\nThe Latest Advance for Stocks Could Signal More Pain Ahead for Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-10-05 14:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Signs of a durable market bottom are still nowhere to be found</li></ul><p>U.S. stocks kicked off the fourth quarter with sharp gains as the Dow Jones Industrial Average appears headed for its biggest two-day rally in more than 2 1/2  years.</p><p>But as tempting as it might be to call a bottom in stocks, Nicholas Colas, co-founder of DataTrek Research, said Tuesday that investors should brace for more carnage in the near term as several reliable historical signs of a durable bottom are still missing from markets.</p><p>Valuations are still too high, Colas said, and although 2022 has seen immense two-way volatility in stocks, sharp moves higher historically tend to signal that more volatility might be in store for stocks.</p><p>&#34;Happy as we are that U.S. equities had a nice bounce today, this move is best considered as just another day in a rough year,&#34; Colas said.</p><p>While they have been extremely common since the start of 2022, historically speaking, single-session advances of 2% or more are a relative rarity for markets. Since 2013, years that contained fewer single-day advances of 2% or more tended to result in stronger performance over the course of the year, Colas said.</p><p>The one exception to this was 2020, when the S&amp;P 500 registered 19 daily gains of 2% or more. However, Colas argued that most of these outsize moves occurred during the first half of the year, when markets were still reeling from the onset of the COVID-19 pandemic.</p><p>During the second half of the year, the S&amp;P 500 saw exaggerated moves in only two sessions, as Colas shows in the chart below, using data from DataTrek.<img src=\"https://static.tigerbbs.com/42c5e73903392129f809e593161d59f1\" tg-width=\"892\" tg-height=\"446\" referrerpolicy=\"no-referrer\"/>&#34;Simply put, strong 1-day S&amp;P rallies (+2%) are NOT the sign of a healthy market,&#34; Colas wrote.</p><h3>How do we know the bottom is in?</h3><p>In the past, when long-term bottoms have arrived, stocks have typically greeted them with a large intraday move of at least 3.5%. This held true for the cycle lows that arrived in October 2002, March 2009 and March 2020.</p><p>Based on this benchmark, Monday&#39;s bounce wasn&#39;t large enough to signal a meaningful turning point.</p><p><img src=\"https://static.tigerbbs.com/3bbf1f967a1bbb207e745b7a88da9223\" tg-width=\"890\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/></p><h3>Valuations are still historically rich</h3><p>Colas also argued that stocks are still relatively richly valued based on a popular measure of cyclically adjusted equity valuations.</p><p>Instead of using forward earnings expectations, or trailing 12-month earnings, the Shiller ratio is based on the inflation-adjusted average of corporate earnings over the past 10 years.</p><p>According to the Shiller PE ratio, the long-run mean valuation for stocks dating back to the 1870s is between 16 times and 17 times cyclically-adjusted earnings. As of Friday, the S&amp;P 500 -- which was created in 1957 -- was trading at 27.5 times earnings, and after Monday&#39;s rally, it was trading at 28.2 times, Colas said.</p><p>Does this mean stocks are now cheap enough to warrant buying? That depends on one&#39;s macro view, Colas said. But the only thing investors can be certain of is that stocks have exited the valuation &#34;danger zone&#34; north of 30 times average adjusted long-term earnings.</p><p><img src=\"https://static.tigerbbs.com/3806cc79d7c3f703218a479612d0aa17\" tg-width=\"700\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><h3>What about the VIX?</h3><p>The last two protracted periods of market weakness offer some insights about how movements in the Cboe Volatility Index, also known as the VIX,  might play out as investors try to anticipate when the ultimate market bottom might arrive.</p><p>During the dot-com blowup, the VIX &#34;experienced a series of rolling spikes that ground away at market confidence and valuations.&#34; Ultimately, it took 2 1/2  years for stocks to bottom out after prices peaked in March 2000.</p><p>By comparison, after the financial crisis in 2008, markets bottomed out more quickly -- but not before the VIX reached a peak above 80, more than double its intraday high from June.</p><p>&#34;As painful as it might be over the next few months, long term investors could not be blamed for hoping that 2022 looks more like 2007 -- 2009 than 2000 -- 2002,&#34; Colas said.</p><p>U.S. stocks are headed for back-to-back gains on Tuesday, with the S&amp;P 500  up 2.9% to 3,784, the Dow Jones Industrial Average  up 2.6% at 30,258 and the Nasdaq Composite  up 3.3% to 11,174.</p><p>Market strategists have attributed the rebound in stocks to a pullback in bond yields stoked by expectations that the Fed may need to &#34;pivot&#34; toward a less aggressive interest-rate hikes.</p><p>Neil Dutta, head of U.S. economic research at Renaissance Macro Research, said in a note to clients Tuesday that the Reserve Bank of Australia&#39;s smaller-than-expected interest-rate hike overnight marked the latest in a series of &#34;wins&#34; for investors betting on a Fed &#34;pivot.&#34;</p><p>&#34;This is great, but in the back of my mind I am thinking, this can&#39;t possibly last,&#34; Dutta wrote.</p><p>Colas told his clients last week that the VIX would need to close above 30 for at least a few consecutive sessions before a &#34;tradable&#34; rebound could arrive.</p><p>That call ended up being correct. But unfortunately, the close above 40 on the VIX that Colas has been waiting for since spring has yet to arrive.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273790857","content_text":"Signs of a durable market bottom are still nowhere to be foundU.S. stocks kicked off the fourth quarter with sharp gains as the Dow Jones Industrial Average appears headed for its biggest two-day rally in more than 2 1/2  years.But as tempting as it might be to call a bottom in stocks, Nicholas Colas, co-founder of DataTrek Research, said Tuesday that investors should brace for more carnage in the near term as several reliable historical signs of a durable bottom are still missing from markets.Valuations are still too high, Colas said, and although 2022 has seen immense two-way volatility in stocks, sharp moves higher historically tend to signal that more volatility might be in store for stocks.\"Happy as we are that U.S. equities had a nice bounce today, this move is best considered as just another day in a rough year,\" Colas said.While they have been extremely common since the start of 2022, historically speaking, single-session advances of 2% or more are a relative rarity for markets. Since 2013, years that contained fewer single-day advances of 2% or more tended to result in stronger performance over the course of the year, Colas said.The one exception to this was 2020, when the S&P 500 registered 19 daily gains of 2% or more. However, Colas argued that most of these outsize moves occurred during the first half of the year, when markets were still reeling from the onset of the COVID-19 pandemic.During the second half of the year, the S&P 500 saw exaggerated moves in only two sessions, as Colas shows in the chart below, using data from DataTrek.\"Simply put, strong 1-day S&P rallies (+2%) are NOT the sign of a healthy market,\" Colas wrote.How do we know the bottom is in?In the past, when long-term bottoms have arrived, stocks have typically greeted them with a large intraday move of at least 3.5%. This held true for the cycle lows that arrived in October 2002, March 2009 and March 2020.Based on this benchmark, Monday's bounce wasn't large enough to signal a meaningful turning point.Valuations are still historically richColas also argued that stocks are still relatively richly valued based on a popular measure of cyclically adjusted equity valuations.Instead of using forward earnings expectations, or trailing 12-month earnings, the Shiller ratio is based on the inflation-adjusted average of corporate earnings over the past 10 years.According to the Shiller PE ratio, the long-run mean valuation for stocks dating back to the 1870s is between 16 times and 17 times cyclically-adjusted earnings. As of Friday, the S&P 500 -- which was created in 1957 -- was trading at 27.5 times earnings, and after Monday's rally, it was trading at 28.2 times, Colas said.Does this mean stocks are now cheap enough to warrant buying? That depends on one's macro view, Colas said. But the only thing investors can be certain of is that stocks have exited the valuation \"danger zone\" north of 30 times average adjusted long-term earnings.What about the VIX?The last two protracted periods of market weakness offer some insights about how movements in the Cboe Volatility Index, also known as the VIX,  might play out as investors try to anticipate when the ultimate market bottom might arrive.During the dot-com blowup, the VIX \"experienced a series of rolling spikes that ground away at market confidence and valuations.\" Ultimately, it took 2 1/2  years for stocks to bottom out after prices peaked in March 2000.By comparison, after the financial crisis in 2008, markets bottomed out more quickly -- but not before the VIX reached a peak above 80, more than double its intraday high from June.\"As painful as it might be over the next few months, long term investors could not be blamed for hoping that 2022 looks more like 2007 -- 2009 than 2000 -- 2002,\" Colas said.U.S. stocks are headed for back-to-back gains on Tuesday, with the S&P 500  up 2.9% to 3,784, the Dow Jones Industrial Average  up 2.6% at 30,258 and the Nasdaq Composite  up 3.3% to 11,174.Market strategists have attributed the rebound in stocks to a pullback in bond yields stoked by expectations that the Fed may need to \"pivot\" toward a less aggressive interest-rate hikes.Neil Dutta, head of U.S. economic research at Renaissance Macro Research, said in a note to clients Tuesday that the Reserve Bank of Australia's smaller-than-expected interest-rate hike overnight marked the latest in a series of \"wins\" for investors betting on a Fed \"pivot.\"\"This is great, but in the back of my mind I am thinking, this can't possibly last,\" Dutta wrote.Colas told his clients last week that the VIX would need to close above 30 for at least a few consecutive sessions before a \"tradable\" rebound could arrive.That call ended up being correct. But unfortunately, the close above 40 on the VIX that Colas has been waiting for since spring has yet to arrive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":857,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3567852837945728","authorId":"3567852837945728","name":"setia100","avatar":"https://community-static.tradeup.com/news/5d07af59743ad001196b7aca5f1726d7","crmLevel":5,"crmLevelSwitch":0,"idStr":"3567852837945728","authorIdStr":"3567852837945728"},"content":"Listen to the analysts. The Bearish Trend is not over yet 🤔","text":"Listen to the analysts. The Bearish Trend is not over yet 🤔","html":"Listen to the analysts. The Bearish Trend is not over yet 🤔"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266687830200424,"gmtCreate":1706144869422,"gmtModify":1706144874299,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?","listText":"lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?","text":"lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/266687830200424","repostId":"266501172904224","repostType":1,"repost":{"id":266501172904224,"gmtCreate":1706099345215,"gmtModify":1706110258458,"author":{"id":"3570622365838239","authorId":"3570622365838239","name":"N30","avatar":"https://community-static.tradeup.com/news/33bf6a97d91ccaf61eb8245d0322ab01","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3570622365838239","authorIdStr":"3570622365838239"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz. <a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz. <a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;","text":"$Alibaba(BABA)$ My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz. @CaptainTiger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266501172904224","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573191001665366","authorId":"3573191001665366","name":"G3113","avatar":"https://community-static.tradeup.com/news/9871a22da6d58de3e699d77467b37730","crmLevel":3,"crmLevelSwitch":1,"idStr":"3573191001665366","authorIdStr":"3573191001665366"},"content":"Yes, Jack Ma has to buy the whole china to stop the Chinese market from hemorrhaging. You don’t seem to understand the situation lol","text":"Yes, Jack Ma has to buy the whole china to stop the Chinese market from hemorrhaging. You don’t seem to understand the situation lol","html":"Yes, Jack Ma has to buy the whole china to stop the Chinese market from hemorrhaging. You don’t seem to understand the situation lol"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928904880,"gmtCreate":1671159238240,"gmtModify":1676538501405,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Boomz. Market is forward looking. If China can grow 3% in lock down, imagine the growth when it's full opened up. There will be immediate pain for next 2 months as they transit to reopen. But once that is done, there's no looking back. Inflation is also under control and interest rate is at a sweet spot, unlike US and most other countries. Basically, China is in perfect conditions to rocket, imo.","listText":"Boomz. Market is forward looking. If China can grow 3% in lock down, imagine the growth when it's full opened up. There will be immediate pain for next 2 months as they transit to reopen. But once that is done, there's no looking back. Inflation is also under control and interest rate is at a sweet spot, unlike US and most other countries. Basically, China is in perfect conditions to rocket, imo.","text":"Boomz. Market is forward looking. If China can grow 3% in lock down, imagine the growth when it's full opened up. There will be immediate pain for next 2 months as they transit to reopen. But once that is done, there's no looking back. Inflation is also under control and interest rate is at a sweet spot, unlike US and most other countries. Basically, China is in perfect conditions to rocket, imo.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":19,"commentSize":12,"repostSize":0,"link":"https://ttm.financial/post/9928904880","repostId":"1178333164","repostType":4,"isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383516982161840,"gmtCreate":1734673391098,"gmtModify":1734675085556,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> lanpa stock&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> lanpa stock&nbsp;","text":"$BABA-W(09988)$ lanpa stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383516982161840","isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042007733,"gmtCreate":1656396801022,"gmtModify":1676535821307,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a>no kidding. Are we gonna see a stunning turn-around that kill all shorties for the day?","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a>no kidding. Are we gonna see a stunning turn-around that kill all shorties for the day?","text":"$Alibaba(09988)$no kidding. Are we gonna see a stunning turn-around that kill all shorties for the day?","images":[{"img":"https://community-static.tradeup.com/news/b2e1d7f0a78cc92aed85808660f2bec5","width":"1080","height":"1599"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/9042007733","isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":246247019327536,"gmtCreate":1701142798480,"gmtModify":1701142801283,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/02318\">$PING AN(02318)$&nbsp;</a><v-v data-views=\"0\"></v-v>nabucheebye","listText":"<a href=\"https://ttm.financial/S/02318\">$PING AN(02318)$&nbsp;</a><v-v data-views=\"0\"></v-v>nabucheebye","text":"$PING AN(02318)$ nabucheebye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246247019327536","isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979062030,"gmtCreate":1685240449520,"gmtModify":1685242190419,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"we shall see. talk is cheap//<a href=\"https://laohu8.com/U/3565163058838010\">@1M45</a>:smart people narrow losses and since is chinese stocks. they are poised to be in losses for 10yrs bonds so is a mistake to buy at the beginning. China own domestic problem settle first before commenting others. covid is back for them//<a href=\"https://laohu8.com/U/3567242381966976\">@Danielng</a>: Lol. Buy high sell low is of course a mistake.","listText":"we shall see. talk is cheap//<a href=\"https://laohu8.com/U/3565163058838010\">@1M45</a>:smart people narrow losses and since is chinese stocks. they are poised to be in losses for 10yrs bonds so is a mistake to buy at the beginning. China own domestic problem settle first before commenting others. covid is back for them//<a href=\"https://laohu8.com/U/3567242381966976\">@Danielng</a>: Lol. Buy high sell low is of course a mistake.","text":"we shall see. talk is cheap//@1M45:smart people narrow losses and since is chinese stocks. they are poised to be in losses for 10yrs bonds so is a mistake to buy at the beginning. China own domestic problem settle first before commenting others. covid is back for them//@Danielng: Lol. Buy high sell low is of course a mistake.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":11,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/9979062030","repostId":"2337577940","repostType":2,"repost":{"id":"2337577940","kind":"highlight","pubTimestamp":1685017954,"share":"https://ttm.financial/m/news/2337577940?lang=&edition=fundamental","pubTime":"2023-05-25 20:32","market":"us","language":"en","title":"Al Gore’s Firm Says Buying Alibaba Stock Was a \"Mistake\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2337577940","media":"marketwatch","summary":"Al Gore’s investment firm recently made major changes in its investment portfolio.Generation Investm","content":"<html><head></head><body><p>Al Gore’s investment firm recently made major changes in its investment portfolio.</p><p>Generation Investment Management, which former Vice President Gore co-founded, sold its entire investment in Chinese online giant <a href=\"https://laohu8.com/S/BABA\">Alibaba Group Holding</a> in the first quarter. Generation also bought up shares of software behemoth <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> and chip maker <a href=\"https://laohu8.com/S/TXN\">Texas Instruments</a>, and initiated an investment in Korean e-commerce firm <a href=\"https://laohu8.com/S/CPNG\">Coupang</a> in the quarter. Generation disclosed the stock trades in a form it filed with the Securities and Exchange Commission.</p><p>Generation, which Gore chairs, declined to comment on the investment changes. As of the end of the first quarter, Generation’s assets under management and supervision totaled about $42.7 billion.</p><p>Alibaba American depositary receipts rose 16% in the first quarter, topping the 7% rise in the S&amp;P 500. So far in the second quarter, the ADRs are down 19% while the index is flat.</p><p>Generation had owned 3.7 million Alibaba ADRs at the end of 2022, but sold them all at some point in the first quarter. Despite avoiding the slump that has taken root in the second quarter, Generation’s managers regarded its Alibaba investment in a harsh light.</p><p>Generation’s co-Chief Investment Officers Miguel Nogales and Mark Ferguson wrote in an April investor letter, “[I]n some cases we overestimated the quality of the businesses we bought. Baked into our long-term track record is what we call internally our ‘mistake rate.’ In an average year the rate is about 2.5%. It is currently running at about 4%. We put our investments in Alibaba and IndusInd Bank—both now sold—in the ‘mistake’ bucket.”</p><p>Alibaba ADRs ended with a gain in the first quarter, but that was mainly due to a late March rally after company co-founder Jack Ma returned to China from abroad. Investors had seen it as a sign of improved relations between the Chinese government and tech firms. Apart from Generation, another big investor, SoftBank, recently sold out of Alibaba.</p><p>Nogales and Ferguson had words of praise for Microsoft. As Generation is focused on environmental, social and governance (ESG), their judgment of the company’s cloud-computing platform Azure is along those lines.</p><p>“[W]e can see that the growth of Azure is again positive for the fight against climate change,” they wrote. “Cloud computing is much more efficient than individual companies operating their own servers in data centres. Indeed, a 2018 study found that using the Azure cloud platform can be up to 93% more energy-efficient and up to 98% more carbon-efficient than on-premises solutions.”</p><p>Generation bought 1.1 million more Microsoft shares in the first quarter to lift its investment to 5.2 million shares. Microsoft stock gained 20% in the first quarter, and has tacked on 9.4% so far in the second.</p><p>In January, we noted that Microsoft and Texas instruments both provided similarly disappointing guidance.</p><p>In April, Texas Instruments reported a strong first quarter, but the outlook missed what Wall Street had been expecting. Earlier this year, Texas Instruments said it was building a Utah plant to add capacity.</p><p>The firm bought 1.6 million Texas Instruments shares to lift its stake to 4.3 million shares as of March 31. Texas Instruments stock gained 13% in the first quarter, and so far in the second shares are down 8.7%.</p><p>Generation bought 491,844 shares of Asian e-commerce firm Coupang in the first quarter. It hadn’t owned any at the end of 2022. The purchases represent a bit of a reverse course. Generation had owned 570,043 Coupang shares at the end of September 2022, and sold them all at some point in the fourth quarter.</p><p>Coupang stock gained 8.8% in the first quarter, and so far in the second shares are down 1.7%.</p></body></html>","source":"mwatch_stock","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>Al Gore’s Firm Says Buying Alibaba Stock Was a \"Mistake\"</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\">\nAl Gore’s Firm Says Buying Alibaba Stock Was a \"Mistake\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-25 20:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/al-gore-alibaba-stock-generation-81ba87be?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Al Gore’s investment firm recently made major changes in its investment portfolio.Generation Investment Management, which former Vice President Gore co-founded, sold its entire investment in Chinese ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/al-gore-alibaba-stock-generation-81ba87be?mod=newsviewer_click\">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://www.marketwatch.com/articles/al-gore-alibaba-stock-generation-81ba87be?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2337577940","content_text":"Al Gore’s investment firm recently made major changes in its investment portfolio.Generation Investment Management, which former Vice President Gore co-founded, sold its entire investment in Chinese online giant Alibaba Group Holding in the first quarter. Generation also bought up shares of software behemoth Microsoft and chip maker Texas Instruments, and initiated an investment in Korean e-commerce firm Coupang in the quarter. Generation disclosed the stock trades in a form it filed with the Securities and Exchange Commission.Generation, which Gore chairs, declined to comment on the investment changes. As of the end of the first quarter, Generation’s assets under management and supervision totaled about $42.7 billion.Alibaba American depositary receipts rose 16% in the first quarter, topping the 7% rise in the S&P 500. So far in the second quarter, the ADRs are down 19% while the index is flat.Generation had owned 3.7 million Alibaba ADRs at the end of 2022, but sold them all at some point in the first quarter. Despite avoiding the slump that has taken root in the second quarter, Generation’s managers regarded its Alibaba investment in a harsh light.Generation’s co-Chief Investment Officers Miguel Nogales and Mark Ferguson wrote in an April investor letter, “[I]n some cases we overestimated the quality of the businesses we bought. Baked into our long-term track record is what we call internally our ‘mistake rate.’ In an average year the rate is about 2.5%. It is currently running at about 4%. We put our investments in Alibaba and IndusInd Bank—both now sold—in the ‘mistake’ bucket.”Alibaba ADRs ended with a gain in the first quarter, but that was mainly due to a late March rally after company co-founder Jack Ma returned to China from abroad. Investors had seen it as a sign of improved relations between the Chinese government and tech firms. Apart from Generation, another big investor, SoftBank, recently sold out of Alibaba.Nogales and Ferguson had words of praise for Microsoft. As Generation is focused on environmental, social and governance (ESG), their judgment of the company’s cloud-computing platform Azure is along those lines.“[W]e can see that the growth of Azure is again positive for the fight against climate change,” they wrote. “Cloud computing is much more efficient than individual companies operating their own servers in data centres. Indeed, a 2018 study found that using the Azure cloud platform can be up to 93% more energy-efficient and up to 98% more carbon-efficient than on-premises solutions.”Generation bought 1.1 million more Microsoft shares in the first quarter to lift its investment to 5.2 million shares. Microsoft stock gained 20% in the first quarter, and has tacked on 9.4% so far in the second.In January, we noted that Microsoft and Texas instruments both provided similarly disappointing guidance.In April, Texas Instruments reported a strong first quarter, but the outlook missed what Wall Street had been expecting. Earlier this year, Texas Instruments said it was building a Utah plant to add capacity.The firm bought 1.6 million Texas Instruments shares to lift its stake to 4.3 million shares as of March 31. Texas Instruments stock gained 13% in the first quarter, and so far in the second shares are down 8.7%.Generation bought 491,844 shares of Asian e-commerce firm Coupang in the first quarter. It hadn’t owned any at the end of 2022. The purchases represent a bit of a reverse course. Generation had owned 570,043 Coupang shares at the end of September 2022, and sold them all at some point in the fourth quarter.Coupang stock gained 8.8% in the first quarter, and so far in the second shares are down 1.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926947606,"gmtCreate":1671457727206,"gmtModify":1676538539371,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"The issue is Intel has declared it is going to focus back on its foundry business and claims that it can catch up. But everywhere it plans to build its foundries,&nbsp;&nbsp;it is threatening (or more like pleading?) the governments for more subsidies. Seriously doesn't look good at all. I think Intel has leaked and is in permanent decline, unless it can pull off a Steven-Jobs-on-Apple moment. Don't see any.&nbsp;","listText":"The issue is Intel has declared it is going to focus back on its foundry business and claims that it can catch up. But everywhere it plans to build its foundries,&nbsp;&nbsp;it is threatening (or more like pleading?) the governments for more subsidies. Seriously doesn't look good at all. I think Intel has leaked and is in permanent decline, unless it can pull off a Steven-Jobs-on-Apple moment. Don't see any.&nbsp;","text":"The issue is Intel has declared it is going to focus back on its foundry business and claims that it can catch up. But everywhere it plans to build its foundries, it is threatening (or more like pleading?) the governments for more subsidies. Seriously doesn't look good at all. I think Intel has leaked and is in permanent decline, unless it can pull off a Steven-Jobs-on-Apple moment. Don't see any.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":9,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/9926947606","repostId":"2292847451","repostType":2,"repost":{"id":"2292847451","kind":"highlight","pubTimestamp":1671456426,"share":"https://ttm.financial/m/news/2292847451?lang=&edition=fundamental","pubTime":"2022-12-19 21:27","market":"us","language":"en","title":"Intel: This Pullback Is An Early Christmas Gift From Mr. Market - Don't Miss It","url":"https://stock-news.laohu8.com/highlight/detail?id=2292847451","media":"seekingalpha","summary":"SummaryINTC has fallen nearly 15% from its November highs. Intel investors are likely feeling edgy a","content":"<html><head></head><body><h2>Summary</h2><ul><li>INTC has fallen nearly 15% from its November highs. Intel investors are likely feeling edgy again. So why is the market still so tentative with INTC?</li><li>TSMC highlighted its plans to increase its CapEx investments in Arizona markedly. But can Intel win critical orders from TSMC&#39;s leading customers?</li><li>Intel could lose more market share in the data center segment in 2023, with more intense competition coming from Arm as well.</li><li>Investors need to ask whether the market has priced in such significant challenges. If yes, this pullback is another opportunity to add if you missed its October lows.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/524227e2de3f998b2c6616fdd17e1cac\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>JasonDoiy</span></p><h2>Intel: The Market Is Still Unsure</h2><p>After forming its November highs, Intel Corporation (NASDAQ:INTC) stock has pulled back significantly ahead of its Semiconductor ETF (SOXX) peers. However, even before Intel CFO David Zinsner highlighted in an early December conference that the company&#39;s &#34;visibility isn&#39;t pristine&#34; going into Q1&#39;23, we believe investors still on board should be keenly aware of its multi-year investment roadmap.</p><p>Hence, we don&#39;t think investors expect CEO Pat Gelsinger and his team to be posting solid H1&#39;23 results as macroeconomic concerns continue to beset its downstream customers. Also, despite its data center leadership, Intel is projected to lose more share against AMD (AMD) and Arm-based competitors moving forward.</p><p>Accordingly, DIGITIMES estimates suggest that cloud computing would likely continue to drive server demand in 2023, despite the downturn in consumer electronics.</p><p>It also expects Intel and AMD to benefit from replacement demand in 2023/24 as they push out their next-gen platforms. However, it also cautioned that Arm-based processors could continue to gain share against x86 moving ahead, with AMD continuing to take share within the x86 space. DIGITIMES accentuated:</p><blockquote>The US-based top-four cloud data center operators and Chinese first-tier data center operators have all adopted servers powered by AMD&#39;s EPYC CPUs in 2022. Since their procurement of AMD-based servers is expected to continue rising, the share of AMD-powered servers is estimated to grow to over 17% in 2023, while that of Intel-powered ones will slump to below 75%, down from around 77% in 2022. Servers equipped with Arm-based processors will see their share rise to slightly below 7% in 2022 and uplift to nearly 8% in 2023 with the keen development of Amazon, Nvidia, and Ampere. - <i>DIGITIMES</i></blockquote><h2>Can Intel Foundry Services Really Convince TSMC&#39;s Leading Customers?</h2><p>Hence, market strategists/investors/analysts are justifiably concerned whether Intel&#39;s bid to return to process leadership in the medium term could work out.</p><p>Furthermore, Intel&#39;s near-term growth drivers continue to face significant challenges, with inventory digestion in the consumer markets continuing to persist through H1&#39;23. Even though Intel maintains that it&#39;s on track to retake foundry leadership. However, the vital question is whether the market is convinced Intel is on track. Tom&#39;s Hardware highlighted:</p><blockquote>At the IEDM conference, Intel shared its process technology roadmap and its vision for chip designs that will be available in the next three to four years. As expected, Intel&#39;s next-generation fabrication processes - Intel 4 and Intel 3 - are on track to be used for high-volume manufacturing (HVM) in 2023 and 2024, respectively. Furthermore, the company&#39;s 20A and 18A production nodes will be ready for HVM in 2024, which means that 18A will be made available ahead of schedule, a slide published by IEEE Spectrum suggests. - <i>Tom&#39;s Hardware</i></blockquote><p>Hence, it&#39;s clear the company has staked the recovery of its market leadership through the success of Intel Foundry Services (IFS), as it competes with TSMC (TSM) and Samsung (OTCPK:SSNLF).</p><p>However, the recent resignation of IFS leader Randhir Thakur (slated to remain in Intel through Q1&#39;23) likely didn&#39;t inspire confidence as TSMC amped up its CapEx investments in Arizona. While TSMC&#39;s Arizona fabs are not intended to be the most advanced process technology when completed, the company remains well-placed to compete for manufacturing capacity with Intel.</p><p>Notably, with AMD, Nvidia (NVDA), and Apple (AAPL) signing up as TSMC&#39;s first customers in Arizona, Intel would likely to face serious competition as it looks to convince customers that it&#39;s ready to take on TSMC in the US.</p><p>And to make things even more challenging for Intel, Samsung also plans to overtake TSMC in 2024, as DIGITIMES reported that the Korean semi leader &#34;is preparing a &#39;master plan&#39; for its foundry business to turn the tables against TSMC in 2024, utilizing its 3nm process to take back orders from major US clients like Qualcomm and Nvidia.&#34;</p><p>Notably, the &#39;master plan&#39; encompasses activating its Taylor plant in the US, leveraging the technological reshoring priorities of its fabless customers and &#34;recreate the &#39;dual-track&#39; strategy from 8 years ago and lure main clients back to Samsung.&#34;</p><p>Therefore, we believe investors want to see more commitments from Intel&#39;s &#34;potential&#34; customers beyond MediaTek (OTCPK:MDTKF). But, these potential customers need to have high confidence that the company is on top of its IFS recovery and can deliver the performance and yields that TSMC is leading. As seen in Qualcomm&#39;s (QCOM) stumbles with Samsung, credibility once lost, is difficult to recover, as DIGITIMES reported:</p><blockquote>After suffering poor production yields for its 5nm chips, Samsung has continued to lose orders for 4nm chips due to the same problem. Nvidia, for instance, has returned to TSMC for fabricating its latest RTX 40 series GPUs, and Qualcomm has also decided to contract TSMC to manufacture its newest flagship mobile AP, Snapdragon 8 Gen 2. - <i>DIGITIMES</i></blockquote><h2>INTC: Valuations Are Likely Not Aggressive</h2><p>But, has the market priced in these significant headwinds into INTC at the current levels?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fa53655089bfb39c5db0a87da9c3549\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>Intel Forward EBITDA multiples valuation trend (S&amp;P Cap IQ)</span></p><p>With an NTM EBITDA multiple of 6.9x, it&#39;s in line with its 10Y average of 6.8x. However, investors need to note that the Street has already slashed its forward earnings projections, leading to the surge in its valuation multiples.</p><p>Hence, unless the company expects to lower its forward earnings estimates further, we believe significant pessimism has been reflected.</p><h2>Takeaway</h2><p>Therefore, the market should be focusing on Intel&#39;s execution through the cycle, with IFS&#39; ability to win more customers likely critical to a material re-rating.</p><p>Otherwise, investors should be ready for a long slog as INTC continues its consolidation.</p><p>With INTC down nearly 15% from its November highs, we assess it looks attractive again, even though investors should expect near-term volatility.</p><p><i>Maintain Buy.</i></p><p><i>This article is written by JR Research for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel: This Pullback Is An Early Christmas Gift From Mr. Market - Don't Miss It</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\">\nIntel: This Pullback Is An Early Christmas Gift From Mr. Market - Don't Miss It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-19 21:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4565211-intel-pullback-early-christmas-gift-mr-market-dont-miss><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryINTC has fallen nearly 15% from its November highs. Intel investors are likely feeling edgy again. So why is the market still so tentative with INTC?TSMC highlighted its plans to increase its ...</p>\n\n<a href=\"https://seekingalpha.com/article/4565211-intel-pullback-early-christmas-gift-mr-market-dont-miss\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4579":"人工智能","BK4554":"元宇宙及AR概念","BK4141":"半导体产品","BK4575":"芯片概念","BK4515":"5G概念","BK4535":"淡马锡持仓","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","BK4550":"红杉资本持仓","BK4585":"ETF&股票定投概念","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4529":"IDC概念","BK4512":"苹果概念","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","INTC":"英特尔"},"source_url":"https://seekingalpha.com/article/4565211-intel-pullback-early-christmas-gift-mr-market-dont-miss","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2292847451","content_text":"SummaryINTC has fallen nearly 15% from its November highs. Intel investors are likely feeling edgy again. So why is the market still so tentative with INTC?TSMC highlighted its plans to increase its CapEx investments in Arizona markedly. But can Intel win critical orders from TSMC's leading customers?Intel could lose more market share in the data center segment in 2023, with more intense competition coming from Arm as well.Investors need to ask whether the market has priced in such significant challenges. If yes, this pullback is another opportunity to add if you missed its October lows.JasonDoiyIntel: The Market Is Still UnsureAfter forming its November highs, Intel Corporation (NASDAQ:INTC) stock has pulled back significantly ahead of its Semiconductor ETF (SOXX) peers. However, even before Intel CFO David Zinsner highlighted in an early December conference that the company's \"visibility isn't pristine\" going into Q1'23, we believe investors still on board should be keenly aware of its multi-year investment roadmap.Hence, we don't think investors expect CEO Pat Gelsinger and his team to be posting solid H1'23 results as macroeconomic concerns continue to beset its downstream customers. Also, despite its data center leadership, Intel is projected to lose more share against AMD (AMD) and Arm-based competitors moving forward.Accordingly, DIGITIMES estimates suggest that cloud computing would likely continue to drive server demand in 2023, despite the downturn in consumer electronics.It also expects Intel and AMD to benefit from replacement demand in 2023/24 as they push out their next-gen platforms. However, it also cautioned that Arm-based processors could continue to gain share against x86 moving ahead, with AMD continuing to take share within the x86 space. DIGITIMES accentuated:The US-based top-four cloud data center operators and Chinese first-tier data center operators have all adopted servers powered by AMD's EPYC CPUs in 2022. Since their procurement of AMD-based servers is expected to continue rising, the share of AMD-powered servers is estimated to grow to over 17% in 2023, while that of Intel-powered ones will slump to below 75%, down from around 77% in 2022. Servers equipped with Arm-based processors will see their share rise to slightly below 7% in 2022 and uplift to nearly 8% in 2023 with the keen development of Amazon, Nvidia, and Ampere. - DIGITIMESCan Intel Foundry Services Really Convince TSMC's Leading Customers?Hence, market strategists/investors/analysts are justifiably concerned whether Intel's bid to return to process leadership in the medium term could work out.Furthermore, Intel's near-term growth drivers continue to face significant challenges, with inventory digestion in the consumer markets continuing to persist through H1'23. Even though Intel maintains that it's on track to retake foundry leadership. However, the vital question is whether the market is convinced Intel is on track. Tom's Hardware highlighted:At the IEDM conference, Intel shared its process technology roadmap and its vision for chip designs that will be available in the next three to four years. As expected, Intel's next-generation fabrication processes - Intel 4 and Intel 3 - are on track to be used for high-volume manufacturing (HVM) in 2023 and 2024, respectively. Furthermore, the company's 20A and 18A production nodes will be ready for HVM in 2024, which means that 18A will be made available ahead of schedule, a slide published by IEEE Spectrum suggests. - Tom's HardwareHence, it's clear the company has staked the recovery of its market leadership through the success of Intel Foundry Services (IFS), as it competes with TSMC (TSM) and Samsung (OTCPK:SSNLF).However, the recent resignation of IFS leader Randhir Thakur (slated to remain in Intel through Q1'23) likely didn't inspire confidence as TSMC amped up its CapEx investments in Arizona. While TSMC's Arizona fabs are not intended to be the most advanced process technology when completed, the company remains well-placed to compete for manufacturing capacity with Intel.Notably, with AMD, Nvidia (NVDA), and Apple (AAPL) signing up as TSMC's first customers in Arizona, Intel would likely to face serious competition as it looks to convince customers that it's ready to take on TSMC in the US.And to make things even more challenging for Intel, Samsung also plans to overtake TSMC in 2024, as DIGITIMES reported that the Korean semi leader \"is preparing a 'master plan' for its foundry business to turn the tables against TSMC in 2024, utilizing its 3nm process to take back orders from major US clients like Qualcomm and Nvidia.\"Notably, the 'master plan' encompasses activating its Taylor plant in the US, leveraging the technological reshoring priorities of its fabless customers and \"recreate the 'dual-track' strategy from 8 years ago and lure main clients back to Samsung.\"Therefore, we believe investors want to see more commitments from Intel's \"potential\" customers beyond MediaTek (OTCPK:MDTKF). But, these potential customers need to have high confidence that the company is on top of its IFS recovery and can deliver the performance and yields that TSMC is leading. As seen in Qualcomm's (QCOM) stumbles with Samsung, credibility once lost, is difficult to recover, as DIGITIMES reported:After suffering poor production yields for its 5nm chips, Samsung has continued to lose orders for 4nm chips due to the same problem. Nvidia, for instance, has returned to TSMC for fabricating its latest RTX 40 series GPUs, and Qualcomm has also decided to contract TSMC to manufacture its newest flagship mobile AP, Snapdragon 8 Gen 2. - DIGITIMESINTC: Valuations Are Likely Not AggressiveBut, has the market priced in these significant headwinds into INTC at the current levels?Intel Forward EBITDA multiples valuation trend (S&P Cap IQ)With an NTM EBITDA multiple of 6.9x, it's in line with its 10Y average of 6.8x. However, investors need to note that the Street has already slashed its forward earnings projections, leading to the surge in its valuation multiples.Hence, unless the company expects to lower its forward earnings estimates further, we believe significant pessimism has been reflected.TakeawayTherefore, the market should be focusing on Intel's execution through the cycle, with IFS' ability to win more customers likely critical to a material re-rating.Otherwise, investors should be ready for a long slog as INTC continues its consolidation.With INTC down nearly 15% from its November highs, we assess it looks attractive again, even though investors should expect near-term volatility.Maintain Buy.This article is written by JR Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274789744393","authorId":"3479274789744393","name":"extractoi","avatar":"https://static.tigerbbs.com/d051d261da8127d971fe6c05affb8562","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274789744393","authorIdStr":"3479274789744393"},"content":"Equity Sentiment Weekly Recap: $INTC is the #18 stock that institutions traded this week with 48.6K options contracts.","text":"Equity Sentiment Weekly Recap: $INTC is the #18 stock that institutions traded this week with 48.6K options contracts.","html":"Equity Sentiment Weekly Recap: $INTC is the #18 stock that institutions traded this week with 48.6K options contracts."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266528068902952,"gmtCreate":1706105853864,"gmtModify":1706105859937,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Fark up article. Say like didn't say. So should I buy it don't buy you cb","listText":"Fark up article. Say like didn't say. So should I buy it don't buy you cb","text":"Fark up article. Say like didn't say. So should I buy it don't buy you cb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266528068902952","repostId":"2405483024","repostType":2,"repost":{"id":"2405483024","kind":"highlight","pubTimestamp":1706104439,"share":"https://ttm.financial/m/news/2405483024?lang=&edition=fundamental","pubTime":"2024-01-24 21:53","market":"us","language":"en","title":"Alibaba Stock Jumps as Jack Ma Buys Shares. Should Investors Do the Same?","url":"https://stock-news.laohu8.com/highlight/detail?id=2405483024","media":"marketwatch","summary":"Alibaba stock surged late Tuesday and were advancing again on Wednesday as investors appeared to celebrate a report that Jack Ma—the company’s famous co-founder and former CEO—has been among insiders ","content":"<html><head></head><body><p>Alibaba stock surged late Tuesday and were advancing again on Wednesday as investors appeared to celebrate a report that Jack Ma—the company’s famous co-founder and former CEO—has been among insiders buying up shares. U.S. investors might want ot be more cautious.</p><p>It would be an endorsement of Alibaba’s growth potential, but Ma could be falling into a value trap that has caught many other investors in recent years.</p><p>Ma has been buying up shares in Alibaba, the New York Times reported on Tuesday, citing an anonymous source, with the former CEO scooping up $50 million worth of the company’s Hong Kong-traded stock in the last quarter. Alibaba chairman Joe Tsai has also been buying the stock, the report said, with regulatory filings confirming that his family office bought almost $152 million of the U.S.-traded shares last quarter. </p><p>Both men, Alibaba co-founders, are already sizable shareholders, but news of the fresh buying gave Alibaba a boost, with the stock finishing 7.9% higher on Tuesday and advancing a further 1.8% in U.S. premarket trading on Wednesday.</p><p>Shares in Alibaba have been beaten down over the past couple of years, with the stock down some 75% from a late-2020 peak. The company was at the forefront of a tech sector crackdown by Chinese regulators, complicated by pressures from Washington, D.C., too—with a hoped-for rebound in 2023 scuttled by a slowdown in China’s economy that weakened consumers. Symbolically, Alibaba recently lost its crown as the most valuable Chinese online retailer to PDD, the owner of Pinduoduo and Temu, which has found great success as consumers flock to its budget-oriented platforms.</p><p>Jack Ma’s reported double-down on Alibaba stock is, indeed, a vote of confidence—but the Chinese billionaire could be falling into a value trap that has become all-too familiar to the company’s shareholders. </p><p>Alibaba, by most financial metrics, has looked screamingly cheap for years, but the stock just hasn’t been able to stage a recovery, despite fairly impressive results from management in recent quarters.</p><p>Wall Street still likes the stock. Analysts surveyed by FactSet overwhelmingly rate it at Buy, with only one recorded Sell rating. The consensus target price implies an upside of more than 50% from current levels.</p><p>The stock looks attractive. But many investors—and the late great Charlie Munger was one—have already been waiting years for bullish calls to play out.</p><p>Buy it at your own risk.</p></body></html>","source":"mwatch_stock","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 Stock Jumps as Jack Ma Buys Shares. Should Investors Do the Same?</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 Stock Jumps as Jack Ma Buys Shares. Should Investors Do the Same?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-24 21:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/alibaba-stock-price-buy-sell-jack-ma-7e392978?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba stock surged late Tuesday and were advancing again on Wednesday as investors appeared to celebrate a report that Jack Ma—the company’s famous co-founder and former CEO—has been among insiders ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/alibaba-stock-price-buy-sell-jack-ma-7e392978?mod=newsviewer_click\">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://www.marketwatch.com/articles/alibaba-stock-price-buy-sell-jack-ma-7e392978?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2405483024","content_text":"Alibaba stock surged late Tuesday and were advancing again on Wednesday as investors appeared to celebrate a report that Jack Ma—the company’s famous co-founder and former CEO—has been among insiders buying up shares. U.S. investors might want ot be more cautious.It would be an endorsement of Alibaba’s growth potential, but Ma could be falling into a value trap that has caught many other investors in recent years.Ma has been buying up shares in Alibaba, the New York Times reported on Tuesday, citing an anonymous source, with the former CEO scooping up $50 million worth of the company’s Hong Kong-traded stock in the last quarter. Alibaba chairman Joe Tsai has also been buying the stock, the report said, with regulatory filings confirming that his family office bought almost $152 million of the U.S.-traded shares last quarter. Both men, Alibaba co-founders, are already sizable shareholders, but news of the fresh buying gave Alibaba a boost, with the stock finishing 7.9% higher on Tuesday and advancing a further 1.8% in U.S. premarket trading on Wednesday.Shares in Alibaba have been beaten down over the past couple of years, with the stock down some 75% from a late-2020 peak. The company was at the forefront of a tech sector crackdown by Chinese regulators, complicated by pressures from Washington, D.C., too—with a hoped-for rebound in 2023 scuttled by a slowdown in China’s economy that weakened consumers. Symbolically, Alibaba recently lost its crown as the most valuable Chinese online retailer to PDD, the owner of Pinduoduo and Temu, which has found great success as consumers flock to its budget-oriented platforms.Jack Ma’s reported double-down on Alibaba stock is, indeed, a vote of confidence—but the Chinese billionaire could be falling into a value trap that has become all-too familiar to the company’s shareholders. Alibaba, by most financial metrics, has looked screamingly cheap for years, but the stock just hasn’t been able to stage a recovery, despite fairly impressive results from management in recent quarters.Wall Street still likes the stock. Analysts surveyed by FactSet overwhelmingly rate it at Buy, with only one recorded Sell rating. The consensus target price implies an upside of more than 50% from current levels.The stock looks attractive. But many investors—and the late great Charlie Munger was one—have already been waiting years for bullish calls to play out.Buy it at your own risk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003127446,"gmtCreate":1640913256235,"gmtModify":1676533554002,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a>seems like HK don't celebrate XMAS (no Santa Rally). But I think&nbsp; they celebrate New Year [Happy]&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a>seems like HK don't celebrate XMAS (no Santa Rally). But I think&nbsp; they celebrate New Year [Happy]&nbsp;","text":"$Alibaba(09988)$seems like HK don't celebrate XMAS (no Santa Rally). But I think they celebrate New Year [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003127446","isVote":1,"tweetType":1,"viewCount":1168,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577008494818778","authorId":"3577008494818778","name":"BlackTechAI","avatar":"https://static.tigerbbs.com/d64102b43967a7880f608e7ec776385d","crmLevel":2,"crmLevelSwitch":0,"idStr":"3577008494818778","authorIdStr":"3577008494818778"},"content":"Alibaba is a Spring loaded value play waiting to be released! Wallstreet is bullish on China in 2022. Beijing policy easing favouring economic growth in 2022","text":"Alibaba is a Spring loaded value play waiting to be released! Wallstreet is bullish on China in 2022. Beijing policy easing favouring economic growth in 2022","html":"Alibaba is a Spring loaded value play waiting to be released! Wallstreet is bullish on China in 2022. Beijing policy easing favouring economic growth in 2022"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262313978339464,"gmtCreate":1705075693631,"gmtModify":1705075697555,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Sly]&nbsp;&nbsp;[Glance]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Surprised]&nbsp;&nbsp;","listText":"[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Sly]&nbsp;&nbsp;[Glance]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Surprised]&nbsp;&nbsp;","text":"[Grin] [Sad] [Tongue] [Sad] [Sly] [Glance] [Sad] [Grin] [Sad] [Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262313978339464","isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262667432214640,"gmtCreate":1705161962453,"gmtModify":1705161966830,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;","listText":"[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Tongue]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;[Sad]&nbsp;&nbsp;","text":"[Tongue] [Sad] [Tongue] [Sad] [Grin] [Sad] [Grin] [Sad] [Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262667432214640","isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236105993429032,"gmtCreate":1698675876252,"gmtModify":1698675880252,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Not bad quite fun. Fun fin","listText":"Not bad quite fun. Fun fin","text":"Not bad quite fun. Fun fin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236105993429032","isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":232381848027400,"gmtCreate":1697771118609,"gmtModify":1697771124764,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Huh selloff? Where?","listText":"Huh selloff? Where?","text":"Huh selloff? Where?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/232381848027400","repostId":"1135941304","repostType":2,"repost":{"id":"1135941304","kind":"news","pubTimestamp":1697770622,"share":"https://ttm.financial/m/news/1135941304?lang=&edition=fundamental","pubTime":"2023-10-20 10:57","market":"hk","language":"en","title":"Hong Kong Stocks Extend Sell-off As Global Funds Retreat on Earnings Concerns, Fed Delivers Hawkish Tone","url":"https://stock-news.laohu8.com/highlight/detail?id=1135941304","media":"South China Morning Post","summary":"Global funds have taken more money off the table this week, withdrawing at record pace over the past 10 weeks, as the earnings season goes into full swingTreasuries slumped overnight after Fed Chair P","content":"<html><head></head><body><ul style=\"\"><li><p>Global funds have taken more money off the table this week, withdrawing at record pace over the past 10 weeks, as the earnings season goes into full swing</p></li><li><p>Treasuries slumped overnight after Fed Chair Powell issued a hawkish message, saying its rate policy was still not too tight</p></li></ul><p>Hong Kong stocks fell for a third day as global funds trimmed their bets on Chinese stocks amid concerns the corporate earnings season will disappoint. Investors also braced for more losses after the Federal Reserve said its policy was still not too tight.</p><p style=\"text-align: start;\">The Hang Seng Index declined for a third day, losing 0.1 per cent to 17,274.37 at 10.52am local time. The market was headed for a 3 per cent weekly loss, the most in two months. The Tech Index rose 0.1 per cent while the Shanghai Composite Index dropped 0.04 per cent to trade near an 11-month low.</p><p style=\"text-align: start;\">Alibaba Group dropped 0.3 per cent to HK$78.95 while rival e-commerce platform operator JD.com rose 0.1 per cent to HK$97.30. Tencent weakened 0.5 per cent to HK$289.80, Baidu declined 2.2 per cent to HK$105.30 and Meituan retreated 1.5 per cent to HK$108.70.</p><p>CATL, the world’s biggest maker of EV batteries, said third-quarter earnings rose 10.7 per cent in the slowest gain since the start of 2022. China Telecom lost 0.8 per cent to HK$3.74 and Hong Kong Exchanges and Clearing (HKEX) dropped 0.6 per cent to HK$280.80 before their earnings results today.</p><p>A rebound in China equities will be “much longer delayed than we expected,” said Patrick Pan, strategist at Daiwa. China’s property debt woes, rising geopolitical risks and soaring US government bond yields have dominated markets, with investors ignoring better-than-expected economic data, he said.</p><p>Foreign investors have sold 22.4 billion yuan (US$3 billion) worth of mainland-listed stocks via Stock Connect this week through Thursday, bringing the net selling to 160 billion yuan over the past 10 weeks, the most on record, according to data compiled by Daiwa.</p><p>They have surrendered half of their purchases since China’s reopening in late 2022, Daiwa said. In Hong Kong, foreign ownership of H shares has declined to 37.1 per cent by September from 44 per cent in early 2020, it estimated.</p><p>Elsewhere, US Treasury yields surged overnight, with 10-year notes fetching a 16-year high of about 5 per cent. Fed Chair Jerome Powell said policymakers would be careful in raising interest rates and suggested its current policy was still not too tight. An escalation in Middle East tensions also sapped risk appetite.</p><p style=\"text-align: start;\">Major Asian markets slipped on Friday. South Korea’s Kospi slumped 2 per cent and Australia’s S&amp;P/ASX 200 lost 1.2 per cent. Japan’s Nikkei 225 dropped 0.5 per cent.</p></body></html>","source":"lsy1600132093512","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>Hong Kong Stocks Extend Sell-off As Global Funds Retreat on Earnings Concerns, Fed Delivers Hawkish Tone</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\">\nHong Kong Stocks Extend Sell-off As Global Funds Retreat on Earnings Concerns, Fed Delivers Hawkish Tone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-20 10:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/markets/article/3238565/hong-kong-stocks-extend-sell-global-funds-retreat-earnings-concerns-fed-delivers-hawkish-tone><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Global funds have taken more money off the table this week, withdrawing at record pace over the past 10 weeks, as the earnings season goes into full swingTreasuries slumped overnight after Fed Chair ...</p>\n\n<a href=\"https://www.scmp.com/business/markets/article/3238565/hong-kong-stocks-extend-sell-global-funds-retreat-earnings-concerns-fed-delivers-hawkish-tone\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"https://www.scmp.com/business/markets/article/3238565/hong-kong-stocks-extend-sell-global-funds-retreat-earnings-concerns-fed-delivers-hawkish-tone","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135941304","content_text":"Global funds have taken more money off the table this week, withdrawing at record pace over the past 10 weeks, as the earnings season goes into full swingTreasuries slumped overnight after Fed Chair Powell issued a hawkish message, saying its rate policy was still not too tightHong Kong stocks fell for a third day as global funds trimmed their bets on Chinese stocks amid concerns the corporate earnings season will disappoint. Investors also braced for more losses after the Federal Reserve said its policy was still not too tight.The Hang Seng Index declined for a third day, losing 0.1 per cent to 17,274.37 at 10.52am local time. The market was headed for a 3 per cent weekly loss, the most in two months. The Tech Index rose 0.1 per cent while the Shanghai Composite Index dropped 0.04 per cent to trade near an 11-month low.Alibaba Group dropped 0.3 per cent to HK$78.95 while rival e-commerce platform operator JD.com rose 0.1 per cent to HK$97.30. Tencent weakened 0.5 per cent to HK$289.80, Baidu declined 2.2 per cent to HK$105.30 and Meituan retreated 1.5 per cent to HK$108.70.CATL, the world’s biggest maker of EV batteries, said third-quarter earnings rose 10.7 per cent in the slowest gain since the start of 2022. China Telecom lost 0.8 per cent to HK$3.74 and Hong Kong Exchanges and Clearing (HKEX) dropped 0.6 per cent to HK$280.80 before their earnings results today.A rebound in China equities will be “much longer delayed than we expected,” said Patrick Pan, strategist at Daiwa. China’s property debt woes, rising geopolitical risks and soaring US government bond yields have dominated markets, with investors ignoring better-than-expected economic data, he said.Foreign investors have sold 22.4 billion yuan (US$3 billion) worth of mainland-listed stocks via Stock Connect this week through Thursday, bringing the net selling to 160 billion yuan over the past 10 weeks, the most on record, according to data compiled by Daiwa.They have surrendered half of their purchases since China’s reopening in late 2022, Daiwa said. In Hong Kong, foreign ownership of H shares has declined to 37.1 per cent by September from 44 per cent in early 2020, it estimated.Elsewhere, US Treasury yields surged overnight, with 10-year notes fetching a 16-year high of about 5 per cent. Fed Chair Jerome Powell said policymakers would be careful in raising interest rates and suggested its current policy was still not too tight. An escalation in Middle East tensions also sapped risk appetite.Major Asian markets slipped on Friday. South Korea’s Kospi slumped 2 per cent and Australia’s S&P/ASX 200 lost 1.2 per cent. Japan’s Nikkei 225 dropped 0.5 per cent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901604023,"gmtCreate":1659176172562,"gmtModify":1676536269007,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Don't mind the dead cat bounce if this dead cat bounce for months. Before we all realise, we are at bull market. Check back history - this is how bull markets are born every time.","listText":"Don't mind the dead cat bounce if this dead cat bounce for months. Before we all realise, we are at bull market. Check back history - this is how bull markets are born every time.","text":"Don't mind the dead cat bounce if this dead cat bounce for months. Before we all realise, we are at bull market. Check back history - this is how bull markets are born every time.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901604023","repostId":"2255591959","repostType":2,"repost":{"id":"2255591959","kind":"highlight","pubTimestamp":1659147333,"share":"https://ttm.financial/m/news/2255591959?lang=&edition=fundamental","pubTime":"2022-07-30 10:15","market":"us","language":"en","title":"The Stock Market Had a Great July. Why August Could Be Tougher","url":"https://stock-news.laohu8.com/highlight/detail?id=2255591959","media":"Barrons","summary":"Stocks rallied this past week as investors bet that the Federal Reserve has reached peak hawkishness","content":"<html><head></head><body><p>Stocks rallied this past week as investors bet that the Federal Reserve has reached peak hawkishness. That’s wishful thinking.</p><p>The Dow Jones Industrial Averagerose 3%, the S&amp;P 500index added 4.3%, and the Nasdaq Composite surged 4.7%. All three had their best months since 2020. Even the premium paid for high-yield bonds over Treasuries narrowed considerably.</p><p>Yet it was a strange week for celebration. The U.S. economy saw back-to-back quarters of declining real gross domestic product in the first half of 2022, the Fed’s favored measure of inflation remained stubbornly high, and the central bank raised interest rates by another three-quarters of a point, making this one of the fastest hiking cycles of the past 40 years.</p><p>What did change are expectations for future rate hikes, hinging largely on two sentences from Fed Chairman Jerome Powell’s news conference.</p><p>“While another unusually large increase could be appropriate at our next meeting, that is a decision that will depend on the data we get between now and then,” he said. “As the stance of monetary policy tightens further, it likely will become appropriate to slow the pace of increases.” Powell even said that interest rates, now at a range of 2.25% to 2.5%, are likely at “neutral,” meaning they are neither accommodative nor restrictive.</p><p><img src=\"https://static.tigerbbs.com/aee1cf63ce76ac088586635d0db75666\" tg-width=\"956\" tg-height=\"635\" width=\"100%\" height=\"auto\"/></p><p>The market took that message to heart. Six weeks ago, interest-rate futures were pricing in a peak federal-funds rate target range of 3.75% to 4% in early 2023. Today, that peak is implied at 3.25 to 3.5% in December, just a point above the current target. Furthermore, futures pricing now implies two quarter-point rate cuts from February to July 2023. In other words, the market is betting the Fed will slow down the pace of its rate increases by the end of this year, then rapidly switch to easing policy.</p><p>Powell’s comments about the neutral rate also drew the ire of some well-known economists and investors. Former Treasury Secretary Larry Summers called Powell’s comment on the neutral rate “indefensible,” while Pershing Square’s Bill Ackman unleashed a late-night tweetstorm on the subject. “While 2.25 to 2.25% may be a neutral rate with 2% inflation, it is an extremely accommodative rate with inflation at 9%,” he wrote late on Thursday night, while isolating with Covid-19.</p><p>The implied rate path also seems highly unlikely—and almost certainly not good for the stock market. For it to develop, the Fed would have to either declare victory in its fight against rising prices—does anyone expect inflation to magically collapse to 2% by year end?—or give up the battle altogether to rescue an economy that is rapidly sinking into recession. So, while the pace of tightening may be moderating and inflation may have peaked—famous last words, we know—it’s far from a green light for investors.</p><p>Given a slowing economy, still-rising interest rates, and stock and bond indexes at or near short-term overbought levels, it might be time to sell the rally and rebalance into higher-quality or defensive areas.</p><p>“Credit spreads have continued to pull tighter…on a market narrative that a dovish pivot could be warranted,” wrote Goldman Sachs’ chief credit strategist, Lotfi Karoui, on Thursday. “We disagree, given the likely forward path of inflation, and would continue to fade the rally, using it as an opportunity to cut risk and rotate further up in quality.”</p><p>It’s too early to declare a Fed pivot and an all-clear for bullish investors. This inflation surge isn’t likely to be tamed that easily.</p></body></html>","source":"lsy1601382232898","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>The Stock Market Had a Great July. Why August Could Be Tougher</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\">\nThe Stock Market Had a Great July. Why August Could Be Tougher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-news-dow-nasdaq-sp500-51659132219?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks rallied this past week as investors bet that the Federal Reserve has reached peak hawkishness. That’s wishful thinking.The Dow Jones Industrial Averagerose 3%, the S&P 500index added 4.3%, and ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-news-dow-nasdaq-sp500-51659132219?mod=hp_LEAD_2\">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",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-news-dow-nasdaq-sp500-51659132219?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255591959","content_text":"Stocks rallied this past week as investors bet that the Federal Reserve has reached peak hawkishness. That’s wishful thinking.The Dow Jones Industrial Averagerose 3%, the S&P 500index added 4.3%, and the Nasdaq Composite surged 4.7%. All three had their best months since 2020. Even the premium paid for high-yield bonds over Treasuries narrowed considerably.Yet it was a strange week for celebration. The U.S. economy saw back-to-back quarters of declining real gross domestic product in the first half of 2022, the Fed’s favored measure of inflation remained stubbornly high, and the central bank raised interest rates by another three-quarters of a point, making this one of the fastest hiking cycles of the past 40 years.What did change are expectations for future rate hikes, hinging largely on two sentences from Fed Chairman Jerome Powell’s news conference.“While another unusually large increase could be appropriate at our next meeting, that is a decision that will depend on the data we get between now and then,” he said. “As the stance of monetary policy tightens further, it likely will become appropriate to slow the pace of increases.” Powell even said that interest rates, now at a range of 2.25% to 2.5%, are likely at “neutral,” meaning they are neither accommodative nor restrictive.The market took that message to heart. Six weeks ago, interest-rate futures were pricing in a peak federal-funds rate target range of 3.75% to 4% in early 2023. Today, that peak is implied at 3.25 to 3.5% in December, just a point above the current target. Furthermore, futures pricing now implies two quarter-point rate cuts from February to July 2023. In other words, the market is betting the Fed will slow down the pace of its rate increases by the end of this year, then rapidly switch to easing policy.Powell’s comments about the neutral rate also drew the ire of some well-known economists and investors. Former Treasury Secretary Larry Summers called Powell’s comment on the neutral rate “indefensible,” while Pershing Square’s Bill Ackman unleashed a late-night tweetstorm on the subject. “While 2.25 to 2.25% may be a neutral rate with 2% inflation, it is an extremely accommodative rate with inflation at 9%,” he wrote late on Thursday night, while isolating with Covid-19.The implied rate path also seems highly unlikely—and almost certainly not good for the stock market. For it to develop, the Fed would have to either declare victory in its fight against rising prices—does anyone expect inflation to magically collapse to 2% by year end?—or give up the battle altogether to rescue an economy that is rapidly sinking into recession. So, while the pace of tightening may be moderating and inflation may have peaked—famous last words, we know—it’s far from a green light for investors.Given a slowing economy, still-rising interest rates, and stock and bond indexes at or near short-term overbought levels, it might be time to sell the rally and rebalance into higher-quality or defensive areas.“Credit spreads have continued to pull tighter…on a market narrative that a dovish pivot could be warranted,” wrote Goldman Sachs’ chief credit strategist, Lotfi Karoui, on Thursday. “We disagree, given the likely forward path of inflation, and would continue to fade the rally, using it as an opportunity to cut risk and rotate further up in quality.”It’s too early to declare a Fed pivot and an all-clear for bullish investors. This inflation surge isn’t likely to be tamed that easily.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566708403300811","authorId":"3566708403300811","name":"KLHuat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3566708403300811","authorIdStr":"3566708403300811"},"content":"So what is your thought?","text":"So what is your thought?","html":"So what is your thought?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091191668,"gmtCreate":1643794462875,"gmtModify":1676533857256,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>pain but hodling&nbsp;","listText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>pain but hodling&nbsp;","text":"$PayPal(PYPL)$pain but hodling","images":[{"img":"https://static.itradeup.com/news/1354420bf4ddf4448272682daeb1d69f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091191668","isVote":1,"tweetType":1,"viewCount":797,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575034124594582","authorId":"3575034124594582","name":"Andarian","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"idStr":"3575034124594582","authorIdStr":"3575034124594582"},"content":"if cash rich, still able to hold","text":"if cash rich, still able to hold","html":"if cash rich, still able to hold"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9957404924,"gmtCreate":1677465664969,"gmtModify":1677465880529,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a><v-v data-views=\"0\"></v-v>Bearish go to $80s, you pos","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a><v-v data-views=\"0\"></v-v>Bearish go to $80s, you pos","text":"$Alibaba(09988)$ Bearish go to $80s, you pos","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":3,"link":"https://ttm.financial/post/9957404924","isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952952072,"gmtCreate":1674382736496,"gmtModify":1676538938872,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Yeah baby. Go on and spread the fear.&nbsp;","listText":"Yeah baby. Go on and spread the fear.&nbsp;","text":"Yeah baby. Go on and spread the fear.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9952952072","repostId":"2305911458","repostType":2,"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":206541963632880,"gmtCreate":1691457138836,"gmtModify":1691457142056,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00700\">$Tencent(00700)$&nbsp;</a><v-v data-views=\"0\"></v-v> this drag down the tech index EVERY SINGLE DAY. Fark prosus with their selling&nbsp;","listText":"<a href=\"https://ttm.financial/S/00700\">$Tencent(00700)$&nbsp;</a><v-v data-views=\"0\"></v-v> this drag down the tech index EVERY SINGLE DAY. Fark prosus with their selling&nbsp;","text":"$Tencent(00700)$ this drag down the tech index EVERY SINGLE DAY. Fark prosus with their selling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/206541963632880","isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574837020922044","authorId":"3574837020922044","name":"Kohct","avatar":"https://static.tigerbbs.com/270933c10d62e8a32b4fd6891b8697e7","crmLevel":7,"crmLevelSwitch":1,"idStr":"3574837020922044","authorIdStr":"3574837020922044"},"content":"Thats why tencent is trying to buy back all those shares","text":"Thats why tencent is trying to buy back all those shares","html":"Thats why tencent is trying to buy back all those shares"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182419467722896,"gmtCreate":1685545260887,"gmtModify":1685545265898,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3567242381966976","authorIdStr":"3567242381966976"},"themes":[],"htmlText":"Roger","listText":"Roger","text":"Roger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182419467722896","repostId":"1153958114","repostType":2,"repost":{"id":"1153958114","kind":"news","pubTimestamp":1685546941,"share":"https://ttm.financial/m/news/1153958114?lang=&edition=fundamental","pubTime":"2023-05-31 23:29","market":"us","language":"en","title":"3 Bargain Stocks You Better Avoid at All Costs","url":"https://stock-news.laohu8.com/highlight/detail?id=1153958114","media":"InvestorPlace","summary":"Investors should avoid these risky bargain stocks at all costs.Walgreens (WBA): The retailer looks p","content":"<html><head></head><body><ul><li><p>Investors should avoid these risky bargain stocks at all costs.</p></li><li><p><strong>Walgreens</strong> (<strong><u>WBA</u></strong>): The retailer looks poised to pay out much more for its role in the opioid crisis that it had previously anticipated.</p></li><li><p><strong>3M</strong> (<strong><u>MMM</u></strong>): MMM is likely being hurt by the work-from-home trend and may also have to spend a great deal of money on litigation settlements.</p></li><li><p><strong>Disney</strong> (<strong><u>DIS</u></strong>): DIS is being hurt by multiple, current trends.</p></li></ul><p>Buying stocks and purchasing homes are similar in some ways. For example, homebuyers want to buy a house at a cheap price, but they get suspicious if the price is too low. Investors feel the same way when it comes to buying stocks. That’s because if the price of a home or a stock is too low, it’s natural to wonder if something is horribly wrong with the asset. So, I wanted to point out some of the top risky bargain stocks you’d be better off avoiding.</p><h2 style=\"text-align: start;\">Walgreens (WBA)</h2><p>Last Nov., <strong>Walgreens</strong> (NASDAQ: <strong><u>WBA</u></strong>) announced that it anticipated that it would fork out as much as $4.95 billion over 15 years to “settle all opioid claims against it by participating states, subdivisions and tribes.” However, based on subsequent, actual settlements made by the firm, I believe that figure will prove to be way too low.</p><p style=\"text-align: start;\">For example, on May 18, WBA disclosed that it had agreed to pay nearly $230 million to settle San Francisco’s claims related to the opioid crisis against it. By May, the company announced that it would pay Florida $683 million to settle that state’s claims against it for damages related to the epidemic. So it’s already agreed to pay out 18.5% of the $4.95 billion to just one state and one medium-sized city. Clearly WBA is going to have to hand over much more than $5 billion to settle the claims against it.</p><p style=\"text-align: start;\">Walgreens has a very low forward price-earnings ratio of 6.6, but it’s definitely one of the risky bargain stocks to void at all costs.</p><h2 style=\"text-align: start;\">3M (MMM)</h2><p>Like Walgreens, <strong>3M</strong> (NYSE:<strong><u>MMM</u></strong>) has a litigation problem. In fact, the company is facing about 260,000 lawsuits alleging its earplugs failed to protect members of the U.S. military from hearing loss. While the lawsuits are currently in mediation, indicating that 3M may be able to resolve the lawsuits, there’s no guarantee that the mediation will result in a settlement.</p><p style=\"text-align: start;\">In addition, <strong>RBC Capital</strong> kept an “underperform” rating on the shares. Although 3M reported stronger-than-expected Q1 results, the bank wrote that the firm’s full-year guidance suggests that the company’s performance will remain unimpressive this year. In addition, RBC Capital expects the company to continue to be plagued by supply-chain issues and its customers’ high inventory levels.</p><p style=\"text-align: start;\">MMM has a very low trailing price-earnings ratio of just ten, but its’ definitely one of the most risky bargain stocks in the market.</p><h2 style=\"text-align: start;\">Disney (DIS)</h2><p><strong>Disney’s </strong>(NYSE:<strong><u>DIS</u></strong>) revenue last year surged to $82.72 billion from $67.4 billion year over year. All after its theme parks reopened and consumers returned to movie theaters. However, its streaming channels lost about $4 billion last year. It also continued to be hurt by the cord-cutting phenomenon and poor movie-theater  attendance. As a result of these negative catalysts, its operating margin fell from its historical median of 25% to just 8.3%. Unfortunately, with theatre attendance still low, and cord-cutting likely to persist, Disney may continue to struggle.</p><p style=\"text-align: start;\">Investment firm <strong>Macquarie</strong> recently downgraded DIS to “neutral,” saying that the company’s outlook is “clouded with uncertainties.” The financial performance of the company’s conventional TV networks are likely to deteriorate going forward, while DIS may not meet its goal of generating a profit from its streaming businesses next year, warned the firm. DIS stock has a forward price-earnings ratio of 23. That’s a low valuation for a growth stock, and many still put  DIS stock in the latter category. But Disney is clearly a high-risk bargain stock.</p></body></html>","source":"investorplace","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>3 Bargain Stocks You Better Avoid at All Costs</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\">\n3 Bargain Stocks You Better Avoid at All Costs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-31 23:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/05/3-bargain-stocks-you-better-avoid-at-all-costs/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should avoid these risky bargain stocks at all costs.Walgreens (WBA): The retailer looks poised to pay out much more for its role in the opioid crisis that it had previously anticipated.3M (...</p>\n\n<a href=\"https://investorplace.com/2023/05/3-bargain-stocks-you-better-avoid-at-all-costs/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WBA":"沃尔格林联合博姿","MMM":"3M","DIS":"迪士尼"},"source_url":"https://investorplace.com/2023/05/3-bargain-stocks-you-better-avoid-at-all-costs/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153958114","content_text":"Investors should avoid these risky bargain stocks at all costs.Walgreens (WBA): The retailer looks poised to pay out much more for its role in the opioid crisis that it had previously anticipated.3M (MMM): MMM is likely being hurt by the work-from-home trend and may also have to spend a great deal of money on litigation settlements.Disney (DIS): DIS is being hurt by multiple, current trends.Buying stocks and purchasing homes are similar in some ways. For example, homebuyers want to buy a house at a cheap price, but they get suspicious if the price is too low. Investors feel the same way when it comes to buying stocks. That’s because if the price of a home or a stock is too low, it’s natural to wonder if something is horribly wrong with the asset. So, I wanted to point out some of the top risky bargain stocks you’d be better off avoiding.Walgreens (WBA)Last Nov., Walgreens (NASDAQ: WBA) announced that it anticipated that it would fork out as much as $4.95 billion over 15 years to “settle all opioid claims against it by participating states, subdivisions and tribes.” However, based on subsequent, actual settlements made by the firm, I believe that figure will prove to be way too low.For example, on May 18, WBA disclosed that it had agreed to pay nearly $230 million to settle San Francisco’s claims related to the opioid crisis against it. By May, the company announced that it would pay Florida $683 million to settle that state’s claims against it for damages related to the epidemic. So it’s already agreed to pay out 18.5% of the $4.95 billion to just one state and one medium-sized city. Clearly WBA is going to have to hand over much more than $5 billion to settle the claims against it.Walgreens has a very low forward price-earnings ratio of 6.6, but it’s definitely one of the risky bargain stocks to void at all costs.3M (MMM)Like Walgreens, 3M (NYSE:MMM) has a litigation problem. In fact, the company is facing about 260,000 lawsuits alleging its earplugs failed to protect members of the U.S. military from hearing loss. While the lawsuits are currently in mediation, indicating that 3M may be able to resolve the lawsuits, there’s no guarantee that the mediation will result in a settlement.In addition, RBC Capital kept an “underperform” rating on the shares. Although 3M reported stronger-than-expected Q1 results, the bank wrote that the firm’s full-year guidance suggests that the company’s performance will remain unimpressive this year. In addition, RBC Capital expects the company to continue to be plagued by supply-chain issues and its customers’ high inventory levels.MMM has a very low trailing price-earnings ratio of just ten, but its’ definitely one of the most risky bargain stocks in the market.Disney (DIS)Disney’s (NYSE:DIS) revenue last year surged to $82.72 billion from $67.4 billion year over year. All after its theme parks reopened and consumers returned to movie theaters. However, its streaming channels lost about $4 billion last year. It also continued to be hurt by the cord-cutting phenomenon and poor movie-theater  attendance. As a result of these negative catalysts, its operating margin fell from its historical median of 25% to just 8.3%. Unfortunately, with theatre attendance still low, and cord-cutting likely to persist, Disney may continue to struggle.Investment firm Macquarie recently downgraded DIS to “neutral,” saying that the company’s outlook is “clouded with uncertainties.” The financial performance of the company’s conventional TV networks are likely to deteriorate going forward, while DIS may not meet its goal of generating a profit from its streaming businesses next year, warned the firm. DIS stock has a forward price-earnings ratio of 23. That’s a low valuation for a growth stock, and many still put  DIS stock in the latter category. But Disney is clearly a high-risk bargain stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}