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Hot Chinese ADRs Jumped in Morning Trading, With Pinduoduo Surging 18%

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news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979097305","repostId":"1189805051","repostType":2,"repost":{"id":"1189805051","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1685113045,"share":"https://ttm.financial/m/news/1189805051?lang=&edition=fundamental","pubTime":"2023-05-26 22:57","market":"us","language":"en","title":"Hot Chinese ADRs Jumped in Morning Trading, With Pinduoduo Surging 18%","url":"https://stock-news.laohu8.com/highlight/detail?id=1189805051","media":"Tiger Newspress","summary":"Hot Chinese ADRs jumped in morning trading, with Pinduoduo surging over 18%.PDD Holdings Inc beat an","content":"<html><head></head><body><p>Hot Chinese ADRs jumped in morning trading, with Pinduoduo surging over 18%.</p><p><a href=\"https://laohu8.com/S/PDD\">PDD Holdings Inc</a> beat analysts&#39; estimates for first-quarter revenue on Friday as more price conscious customers turned to its discount e-commerce platforms including Pinduoduo.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> rose over 5%; <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> rose about 3%; JD.com, Bilibili rose over 2%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7cf8e390022884834f397695f656a698\" title=\"\" tg-width=\"451\" tg-height=\"786\"/></p><p>Chinese consumer spending has gained some momentum since the country abandoned strict zero-COVID policies late last year. Retail sales in the country rose 5.8% in the January-March period, with online retail sales up 8.6%, according to government data.</p><p>Platforms such as Pinduoduo and China&#39;s TikTok-equivalent Douyin gained traction during the pandemic, when livestream selling of goods by merchants became quite popular.</p><p style=\"text-align: start;\">Expansion of PDD&#39;s international platform Temu, which sells made-in-China products at affordable prices, also boosted the company&#39;s revenue growth.</p><p style=\"text-align: start;\">Temu topped the charts for app downloads in the United States, Canada and Australia soon after its launch, according to TH Data Capital.</p><p>PDD posted revenue of 37.64 billion yuan ($5.45 billion), compared with analysts&#39; estimates of 31.98 billion yuan, according to Refinitiv data.</p><p style=\"text-align: start;\">The company&#39;s net income attributable to ordinary shareholders rose to 8.10 billion yuan from 2.60 billion yuan a year earlier.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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estimates for first-quarter revenue on Friday as more price conscious customers turned to its discount e-commerce platforms including Pinduoduo.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> rose over 5%; <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> rose about 3%; JD.com, Bilibili rose over 2%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7cf8e390022884834f397695f656a698\" title=\"\" tg-width=\"451\" tg-height=\"786\"/></p><p>Chinese consumer spending has gained some momentum since the country abandoned strict zero-COVID policies late last year. Retail sales in the country rose 5.8% in the January-March period, with online retail sales up 8.6%, according to government data.</p><p>Platforms such as Pinduoduo and China&#39;s TikTok-equivalent Douyin gained traction during the pandemic, when livestream selling of goods by merchants became quite popular.</p><p style=\"text-align: start;\">Expansion of PDD&#39;s international platform Temu, which sells made-in-China products at affordable prices, also boosted the company&#39;s revenue growth.</p><p style=\"text-align: start;\">Temu topped the charts for app downloads in the United States, Canada and Australia soon after its launch, according to TH Data Capital.</p><p>PDD posted revenue of 37.64 billion yuan ($5.45 billion), compared with analysts&#39; estimates of 31.98 billion yuan, according to Refinitiv data.</p><p style=\"text-align: start;\">The company&#39;s net income attributable to ordinary shareholders rose to 8.10 billion yuan from 2.60 billion yuan a year earlier.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NTES":"网易","NIO":"蔚来","PDD":"拼多多","IQ":"爱奇艺","BILI":"哔哩哔哩","BABA":"阿里巴巴","JD":"京东"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189805051","content_text":"Hot Chinese ADRs jumped in morning trading, with Pinduoduo surging over 18%.PDD Holdings Inc beat analysts' estimates for first-quarter revenue on Friday as more price conscious customers turned to its discount e-commerce platforms including Pinduoduo.Baidu, NetEase rose over 5%; Alibaba rose about 3%; JD.com, Bilibili rose over 2%.Chinese consumer spending has gained some momentum since the country abandoned strict zero-COVID policies late last year. Retail sales in the country rose 5.8% in the January-March period, with online retail sales up 8.6%, according to government data.Platforms such as Pinduoduo and China's TikTok-equivalent Douyin gained traction during the pandemic, when livestream selling of goods by merchants became quite popular.Expansion of PDD's international platform Temu, which sells made-in-China products at affordable prices, also boosted the company's revenue growth.Temu topped the charts for app downloads in the United States, Canada and Australia soon after its launch, according to TH Data Capital.PDD posted revenue of 37.64 billion yuan ($5.45 billion), compared with analysts' estimates of 31.98 billion yuan, according to Refinitiv data.The company's net income attributable to ordinary shareholders rose to 8.10 billion yuan from 2.60 billion yuan a year earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944917286,"gmtCreate":1681664139345,"gmtModify":1681664143311,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Mew mew mew mew mew mew meww","listText":"Mew mew mew mew mew mew meww","text":"Mew mew mew mew mew mew meww","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944917286","isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945670575,"gmtCreate":1681470696298,"gmtModify":1681470700059,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Meow Meow voucher pew pew","listText":"Meow Meow voucher pew pew","text":"Meow Meow voucher pew pew","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945670575","isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945084214,"gmtCreate":1681324751038,"gmtModify":1681324754914,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Huat! Huat! Eng Ong Huatah!","listText":"Huat! Huat! Eng Ong Huatah!","text":"Huat! Huat! Eng Ong Huatah!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945084214","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942761006,"gmtCreate":1681307817605,"gmtModify":1681307821493,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Thank you For this opportunity!","listText":"Thank you For this opportunity!","text":"Thank you For this opportunity!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942761006","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942763430,"gmtCreate":1681307788220,"gmtModify":1681308830895,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, 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/9942763430","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","authorIdStr":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859"},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943863047,"gmtCreate":1679356588689,"gmtModify":1679361116219,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943863047","repostId":"1174056013","repostType":2,"repost":{"id":"1174056013","pubTimestamp":1679356152,"share":"https://ttm.financial/m/news/1174056013?lang=&edition=fundamental","pubTime":"2023-03-21 07:49","language":"en","title":"The S&P/ASX 200 Rose 0.9%; New Hope Coal Gained Over 5% While the Energy Sector Rebounded 1.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1174056013","media":"The Australian Financial Review","summary":"Chemicals business Incitec Pivot is up 5.5 percent in early trade after it sold its ammonia manufact","content":"<html><head></head><body><p>Chemicals business Incitec Pivot is up 5.5 percent in early trade after it sold its ammonia manufacturing facility located in the United States for $US1.7 billion ($2.5 billion), clearing the road for the company to demerge.</p><p>New Hope Coal is also up 5.7 percent after posting its half-year financial results today.</p><p>The S&amp;P/ASX 200 is up 0.9 percent in early trade with the materials and energy sector rebounding 1.3 percent and 1.5 percent respectively after days of falls.</p><p>The financials sector including the banks is up 0.9 percent.</p><p>Gold miners are giving back some of yesterday’s big gains as the gold price eased back from an overnight high above $US2000 an ounce.</p></body></html>","source":"afr_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>The S&P/ASX 200 Rose 0.9%; New Hope Coal Gained Over 5% While the Energy Sector Rebounded 1.5%</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 S&P/ASX 200 Rose 0.9%; New Hope Coal Gained Over 5% While the Energy Sector Rebounded 1.5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-21 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-rally-dow-leads-wall-street-higher-20230321-p5cttz><strong>The Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chemicals business Incitec Pivot is up 5.5 percent in early trade after it sold its ammonia manufacturing facility located in the United States for $US1.7 billion ($2.5 billion), clearing the road for...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-rally-dow-leads-wall-street-higher-20230321-p5cttz\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-rally-dow-leads-wall-street-higher-20230321-p5cttz","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174056013","content_text":"Chemicals business Incitec Pivot is up 5.5 percent in early trade after it sold its ammonia manufacturing facility located in the United States for $US1.7 billion ($2.5 billion), clearing the road for the company to demerge.New Hope Coal is also up 5.7 percent after posting its half-year financial results today.The S&P/ASX 200 is up 0.9 percent in early trade with the materials and energy sector rebounding 1.3 percent and 1.5 percent respectively after days of falls.The financials sector including the banks is up 0.9 percent.Gold miners are giving back some of yesterday’s big gains as the gold price eased back from an overnight high above $US2000 an ounce.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344801972,"gmtCreate":1618392318596,"gmtModify":1704710098266,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344801972","repostId":"2127045633","repostType":2,"repost":{"id":"2127045633","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":1618359596,"share":"https://ttm.financial/m/news/2127045633?lang=&edition=fundamental","pubTime":"2021-04-14 08:19","market":"us","language":"en","title":"Coinbase reference price set at $250 per share ahead of Nasdaq debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2127045633","media":"Reuters","summary":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a valu","content":"<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase reference price set at $250 per share ahead of Nasdaq debut</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\">\nCoinbase reference price set at $250 per share ahead of Nasdaq debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-14 08:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TQQQ":"纳指三倍做多ETF","NDAQ":"纳斯达克OMX交易所","QID":"纳指两倍做空ETF","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127045633","content_text":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.\nThe reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.\nCoinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.\nThe reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.\nIf shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.\nBy comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.\nCoinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.\nThe option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.\nFounded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.\nBitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386918832,"gmtCreate":1613125747626,"gmtModify":1704878630448,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Intersting","listText":"Intersting","text":"Intersting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386918832","repostId":"2110026963","repostType":4,"repost":{"id":"2110026963","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":1613109422,"share":"https://ttm.financial/m/news/2110026963?lang=&edition=fundamental","pubTime":"2021-02-12 13:57","market":"us","language":"en","title":"Here's the formula for spotting genuinely undervalued companies, claims this investment house","url":"https://stock-news.laohu8.com/highlight/detail?id=2110026963","media":"Dow Jones","summary":"The growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis. For most of 2020, investors poured money into names like online retailer Amazon $$, electric-car maker Tesla $$, and e-commerce platform Shopify -- \"growth\" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.But when news broke in early November 2020 that drug company Pfizer $$ and its partner BioNTech $$ had developed an effective vaccine against COVID-19, something pro","content":"<p>MW Here's the formula for spotting genuinely undervalued companies, claims this investment house</p>\n<p>The growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis</p>\n<p>For most of 2020, investors poured money into names like online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, and e-commerce platform Shopify (SHOP.T)-- \"growth\" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.</p>\n<p>But when news broke in early November 2020 that drug company Pfizer <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> and its partner BioNTech <a href=\"https://laohu8.com/S/BNTX\">$(BNTX)$</a> had developed an effective vaccine against COVID-19, something profound happened in financial markets.</p>\n<p>Investors rotated out of these investments in favor of \"value\" stocks hammered by the COVID-19 pandemic, like airlines.</p>\n<p>This rotation was based on an essential concept in investing: There are some stocks that are clearly undervalued based on standard metrics.</p>\n<p>And it is completely flawed, according to research from ValuAnalysis, a London-based fund manager and equity investment boutique, which specializes in valuation.</p>\n<p>The apparent difference between growth stocks and value stocks is that the former is overvalued based on fundamental metrics while the latter is undervalued.</p>\n<p>\"Everyone knows that this thing doesn't make any sense because growth is not the opposite of value,\" Pascal Costantini, who led the research at ValuAnalysis, tells MarketWatch.</p>\n<p>\"It should be high-growth and low-growth, and I can imagine that, somewhere in an office, some guy said 'well this is not catchy enough, so how about growth and value?'\"</p>\n<p>Analysts and investors use metrics like the price-to-earnings ratio, or price multiple, to value stocks. ValuAnalysis uses price as a multiple of normalized net free cash flow as its benchmark, and identifies the imaginary dividing line between value and growth stocks at 35x, which is the market median.</p>\n<p>The value vs. growth divide would suggest that a company trading at a 17x earnings multiple is undervalued. In reality, ValuAnalysis says it is likely a company that won't grow.</p>\n<p>In reality, a stock's value is based on the company's ability to grow free cash flow in an environment where the cost of capital is 5% to 6%. So if a company isn't outpacing that by improving revenue and margins, the multiple won't increase and the stock price is unlikely to rise.</p>\n<p>Stocks that are actually undervalued will trade between 25x and 35x free cash flow, Costantini says, outpacing the cost of capital but not breaking past the market median.</p>\n<p>To have potential, a company's accumulation of assets or revenue growth must outpace increases in global gross domestic product, and ideally show signs of accelerating. There must also be an increase in operational leverage through revenue or margins. A decrease in the risk premium, such as through advances in controlling carbon emissions, helps.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's the formula for spotting genuinely undervalued companies, claims this investment house</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\">\nHere's the formula for spotting genuinely undervalued companies, claims this investment house\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-02-12 13:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>MW Here's the formula for spotting genuinely undervalued companies, claims this investment house</p>\n<p>The growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis</p>\n<p>For most of 2020, investors poured money into names like online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, and e-commerce platform Shopify (SHOP.T)-- \"growth\" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.</p>\n<p>But when news broke in early November 2020 that drug company Pfizer <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> and its partner BioNTech <a href=\"https://laohu8.com/S/BNTX\">$(BNTX)$</a> had developed an effective vaccine against COVID-19, something profound happened in financial markets.</p>\n<p>Investors rotated out of these investments in favor of \"value\" stocks hammered by the COVID-19 pandemic, like airlines.</p>\n<p>This rotation was based on an essential concept in investing: There are some stocks that are clearly undervalued based on standard metrics.</p>\n<p>And it is completely flawed, according to research from ValuAnalysis, a London-based fund manager and equity investment boutique, which specializes in valuation.</p>\n<p>The apparent difference between growth stocks and value stocks is that the former is overvalued based on fundamental metrics while the latter is undervalued.</p>\n<p>\"Everyone knows that this thing doesn't make any sense because growth is not the opposite of value,\" Pascal Costantini, who led the research at ValuAnalysis, tells MarketWatch.</p>\n<p>\"It should be high-growth and low-growth, and I can imagine that, somewhere in an office, some guy said 'well this is not catchy enough, so how about growth and value?'\"</p>\n<p>Analysts and investors use metrics like the price-to-earnings ratio, or price multiple, to value stocks. ValuAnalysis uses price as a multiple of normalized net free cash flow as its benchmark, and identifies the imaginary dividing line between value and growth stocks at 35x, which is the market median.</p>\n<p>The value vs. growth divide would suggest that a company trading at a 17x earnings multiple is undervalued. In reality, ValuAnalysis says it is likely a company that won't grow.</p>\n<p>In reality, a stock's value is based on the company's ability to grow free cash flow in an environment where the cost of capital is 5% to 6%. So if a company isn't outpacing that by improving revenue and margins, the multiple won't increase and the stock price is unlikely to rise.</p>\n<p>Stocks that are actually undervalued will trade between 25x and 35x free cash flow, Costantini says, outpacing the cost of capital but not breaking past the market median.</p>\n<p>To have potential, a company's accumulation of assets or revenue growth must outpace increases in global gross domestic product, and ideally show signs of accelerating. There must also be an increase in operational leverage through revenue or margins. A decrease in the risk premium, such as through advances in controlling carbon emissions, helps.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/15e20574f8fb568333181d61bb200086","relate_stocks":{"PFE":"辉瑞","TSLA":"特斯拉","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110026963","content_text":"MW Here's the formula for spotting genuinely undervalued companies, claims this investment house\nThe growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis\nFor most of 2020, investors poured money into names like online retailer Amazon $(AMZN)$, electric-car maker Tesla $(TSLA)$, and e-commerce platform Shopify (SHOP.T)-- \"growth\" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.\nBut when news broke in early November 2020 that drug company Pfizer $(PFE)$ and its partner BioNTech $(BNTX)$ had developed an effective vaccine against COVID-19, something profound happened in financial markets.\nInvestors rotated out of these investments in favor of \"value\" stocks hammered by the COVID-19 pandemic, like airlines.\nThis rotation was based on an essential concept in investing: There are some stocks that are clearly undervalued based on standard metrics.\nAnd it is completely flawed, according to research from ValuAnalysis, a London-based fund manager and equity investment boutique, which specializes in valuation.\nThe apparent difference between growth stocks and value stocks is that the former is overvalued based on fundamental metrics while the latter is undervalued.\n\"Everyone knows that this thing doesn't make any sense because growth is not the opposite of value,\" Pascal Costantini, who led the research at ValuAnalysis, tells MarketWatch.\n\"It should be high-growth and low-growth, and I can imagine that, somewhere in an office, some guy said 'well this is not catchy enough, so how about growth and value?'\"\nAnalysts and investors use metrics like the price-to-earnings ratio, or price multiple, to value stocks. ValuAnalysis uses price as a multiple of normalized net free cash flow as its benchmark, and identifies the imaginary dividing line between value and growth stocks at 35x, which is the market median.\nThe value vs. growth divide would suggest that a company trading at a 17x earnings multiple is undervalued. In reality, ValuAnalysis says it is likely a company that won't grow.\nIn reality, a stock's value is based on the company's ability to grow free cash flow in an environment where the cost of capital is 5% to 6%. So if a company isn't outpacing that by improving revenue and margins, the multiple won't increase and the stock price is unlikely to rise.\nStocks that are actually undervalued will trade between 25x and 35x free cash flow, Costantini says, outpacing the cost of capital but not breaking past the market median.\nTo have potential, a company's accumulation of assets or revenue growth must outpace increases in global gross domestic product, and ideally show signs of accelerating. There must also be an increase in operational leverage through revenue or margins. A decrease in the risk premium, such as through advances in controlling carbon emissions, helps.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9979097305,"gmtCreate":1685114304608,"gmtModify":1685114308433,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979097305","repostId":"1189805051","repostType":2,"repost":{"id":"1189805051","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1685113045,"share":"https://ttm.financial/m/news/1189805051?lang=&edition=fundamental","pubTime":"2023-05-26 22:57","market":"us","language":"en","title":"Hot Chinese ADRs Jumped in Morning Trading, With Pinduoduo Surging 18%","url":"https://stock-news.laohu8.com/highlight/detail?id=1189805051","media":"Tiger Newspress","summary":"Hot Chinese ADRs jumped in morning trading, with Pinduoduo surging over 18%.PDD Holdings Inc beat an","content":"<html><head></head><body><p>Hot Chinese ADRs jumped in morning trading, with Pinduoduo surging over 18%.</p><p><a href=\"https://laohu8.com/S/PDD\">PDD Holdings Inc</a> beat analysts&#39; estimates for first-quarter revenue on Friday as more price conscious customers turned to its discount e-commerce platforms including Pinduoduo.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> rose over 5%; <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> rose about 3%; JD.com, Bilibili rose over 2%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7cf8e390022884834f397695f656a698\" title=\"\" tg-width=\"451\" tg-height=\"786\"/></p><p>Chinese consumer spending has gained some momentum since the country abandoned strict zero-COVID policies late last year. Retail sales in the country rose 5.8% in the January-March period, with online retail sales up 8.6%, according to government data.</p><p>Platforms such as Pinduoduo and China&#39;s TikTok-equivalent Douyin gained traction during the pandemic, when livestream selling of goods by merchants became quite popular.</p><p style=\"text-align: start;\">Expansion of PDD&#39;s international platform Temu, which sells made-in-China products at affordable prices, also boosted the company&#39;s revenue growth.</p><p style=\"text-align: start;\">Temu topped the charts for app downloads in the United States, Canada and Australia soon after its launch, according to TH Data Capital.</p><p>PDD posted revenue of 37.64 billion yuan ($5.45 billion), compared with analysts&#39; estimates of 31.98 billion yuan, according to Refinitiv data.</p><p style=\"text-align: start;\">The company&#39;s net income attributable to ordinary shareholders rose to 8.10 billion yuan from 2.60 billion yuan a year earlier.</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>Hot Chinese ADRs Jumped in Morning Trading, With Pinduoduo Surging 18%</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\">\nHot Chinese ADRs Jumped in Morning Trading, With Pinduoduo Surging 18%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-26 22:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs jumped in morning trading, with Pinduoduo surging over 18%.</p><p><a href=\"https://laohu8.com/S/PDD\">PDD Holdings Inc</a> beat analysts&#39; estimates for first-quarter revenue on Friday as more price conscious customers turned to its discount e-commerce platforms including Pinduoduo.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> rose over 5%; <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> rose about 3%; JD.com, Bilibili rose over 2%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7cf8e390022884834f397695f656a698\" title=\"\" tg-width=\"451\" tg-height=\"786\"/></p><p>Chinese consumer spending has gained some momentum since the country abandoned strict zero-COVID policies late last year. Retail sales in the country rose 5.8% in the January-March period, with online retail sales up 8.6%, according to government data.</p><p>Platforms such as Pinduoduo and China&#39;s TikTok-equivalent Douyin gained traction during the pandemic, when livestream selling of goods by merchants became quite popular.</p><p style=\"text-align: start;\">Expansion of PDD&#39;s international platform Temu, which sells made-in-China products at affordable prices, also boosted the company&#39;s revenue growth.</p><p style=\"text-align: start;\">Temu topped the charts for app downloads in the United States, Canada and Australia soon after its launch, according to TH Data Capital.</p><p>PDD posted revenue of 37.64 billion yuan ($5.45 billion), compared with analysts&#39; estimates of 31.98 billion yuan, according to Refinitiv data.</p><p style=\"text-align: start;\">The company&#39;s net income attributable to ordinary shareholders rose to 8.10 billion yuan from 2.60 billion yuan a year earlier.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NTES":"网易","NIO":"蔚来","PDD":"拼多多","IQ":"爱奇艺","BILI":"哔哩哔哩","BABA":"阿里巴巴","JD":"京东"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189805051","content_text":"Hot Chinese ADRs jumped in morning trading, with Pinduoduo surging over 18%.PDD Holdings Inc beat analysts' estimates for first-quarter revenue on Friday as more price conscious customers turned to its discount e-commerce platforms including Pinduoduo.Baidu, NetEase rose over 5%; Alibaba rose about 3%; JD.com, Bilibili rose over 2%.Chinese consumer spending has gained some momentum since the country abandoned strict zero-COVID policies late last year. Retail sales in the country rose 5.8% in the January-March period, with online retail sales up 8.6%, according to government data.Platforms such as Pinduoduo and China's TikTok-equivalent Douyin gained traction during the pandemic, when livestream selling of goods by merchants became quite popular.Expansion of PDD's international platform Temu, which sells made-in-China products at affordable prices, also boosted the company's revenue growth.Temu topped the charts for app downloads in the United States, Canada and Australia soon after its launch, according to TH Data Capital.PDD posted revenue of 37.64 billion yuan ($5.45 billion), compared with analysts' estimates of 31.98 billion yuan, according to Refinitiv data.The company's net income attributable to ordinary shareholders rose to 8.10 billion yuan from 2.60 billion yuan a year earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323553890029632,"gmtCreate":1720017858460,"gmtModify":1720017862795,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Let's go!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Let's go!","text":"$Tesla Motors(TSLA)$ Let's go!","images":[{"img":"https://community-static.tradeup.com/news/b3e534c39e70e4016c399add68d74095","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323553890029632","isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":350007063896272,"gmtCreate":1726478852560,"gmtModify":1726478855798,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$Micron Technology(MU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350007063896272","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944917286,"gmtCreate":1681664139345,"gmtModify":1681664143311,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Mew mew mew mew mew mew meww","listText":"Mew mew mew mew mew mew meww","text":"Mew mew mew mew mew mew meww","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944917286","isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945670575,"gmtCreate":1681470696298,"gmtModify":1681470700059,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Meow Meow voucher pew pew","listText":"Meow Meow voucher pew pew","text":"Meow Meow voucher pew pew","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945670575","isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945084214,"gmtCreate":1681324751038,"gmtModify":1681324754914,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Huat! Huat! Eng Ong Huatah!","listText":"Huat! Huat! Eng Ong Huatah!","text":"Huat! Huat! Eng Ong Huatah!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945084214","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942761006,"gmtCreate":1681307817605,"gmtModify":1681307821493,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Thank you For this opportunity!","listText":"Thank you For this opportunity!","text":"Thank you For this opportunity!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942761006","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942763430,"gmtCreate":1681307788220,"gmtModify":1681308830895,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, 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/9942763430","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","authorIdStr":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859"},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943863047,"gmtCreate":1679356588689,"gmtModify":1679361116219,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943863047","repostId":"1174056013","repostType":2,"repost":{"id":"1174056013","pubTimestamp":1679356152,"share":"https://ttm.financial/m/news/1174056013?lang=&edition=fundamental","pubTime":"2023-03-21 07:49","language":"en","title":"The S&P/ASX 200 Rose 0.9%; New Hope Coal Gained Over 5% While the Energy Sector Rebounded 1.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1174056013","media":"The Australian Financial Review","summary":"Chemicals business Incitec Pivot is up 5.5 percent in early trade after it sold its ammonia manufact","content":"<html><head></head><body><p>Chemicals business Incitec Pivot is up 5.5 percent in early trade after it sold its ammonia manufacturing facility located in the United States for $US1.7 billion ($2.5 billion), clearing the road for the company to demerge.</p><p>New Hope Coal is also up 5.7 percent after posting its half-year financial results today.</p><p>The S&amp;P/ASX 200 is up 0.9 percent in early trade with the materials and energy sector rebounding 1.3 percent and 1.5 percent respectively after days of falls.</p><p>The financials sector including the banks is up 0.9 percent.</p><p>Gold miners are giving back some of yesterday’s big gains as the gold price eased back from an overnight high above $US2000 an ounce.</p></body></html>","source":"afr_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>The S&P/ASX 200 Rose 0.9%; New Hope Coal Gained Over 5% While the Energy Sector Rebounded 1.5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P/ASX 200 Rose 0.9%; New Hope Coal Gained Over 5% While the Energy Sector Rebounded 1.5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-21 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-rally-dow-leads-wall-street-higher-20230321-p5cttz><strong>The Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chemicals business Incitec Pivot is up 5.5 percent in early trade after it sold its ammonia manufacturing facility located in the United States for $US1.7 billion ($2.5 billion), clearing the road for...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-rally-dow-leads-wall-street-higher-20230321-p5cttz\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-rally-dow-leads-wall-street-higher-20230321-p5cttz","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174056013","content_text":"Chemicals business Incitec Pivot is up 5.5 percent in early trade after it sold its ammonia manufacturing facility located in the United States for $US1.7 billion ($2.5 billion), clearing the road for the company to demerge.New Hope Coal is also up 5.7 percent after posting its half-year financial results today.The S&P/ASX 200 is up 0.9 percent in early trade with the materials and energy sector rebounding 1.3 percent and 1.5 percent respectively after days of falls.The financials sector including the banks is up 0.9 percent.Gold miners are giving back some of yesterday’s big gains as the gold price eased back from an overnight high above $US2000 an ounce.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344801972,"gmtCreate":1618392318596,"gmtModify":1704710098266,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344801972","repostId":"2127045633","repostType":2,"repost":{"id":"2127045633","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":1618359596,"share":"https://ttm.financial/m/news/2127045633?lang=&edition=fundamental","pubTime":"2021-04-14 08:19","market":"us","language":"en","title":"Coinbase reference price set at $250 per share ahead of Nasdaq debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2127045633","media":"Reuters","summary":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a valu","content":"<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase reference price set at $250 per share ahead of Nasdaq debut</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\">\nCoinbase reference price set at $250 per share ahead of Nasdaq debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-14 08:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TQQQ":"纳指三倍做多ETF","NDAQ":"纳斯达克OMX交易所","QID":"纳指两倍做空ETF","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127045633","content_text":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.\nThe reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.\nCoinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.\nThe reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.\nIf shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.\nBy comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.\nCoinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.\nThe option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.\nFounded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.\nBitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386918832,"gmtCreate":1613125747626,"gmtModify":1704878630448,"author":{"id":"3569563694509812","authorId":"3569563694509812","authorIdStr":"3569563694509812","name":"Exclusive","avatar":"https://community-static.tradeup.com/news/694d0494dc990f34f7d22a639514b21a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569563694509812"},"themes":[],"htmlText":"Intersting","listText":"Intersting","text":"Intersting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386918832","repostId":"2110026963","repostType":4,"repost":{"id":"2110026963","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":1613109422,"share":"https://ttm.financial/m/news/2110026963?lang=&edition=fundamental","pubTime":"2021-02-12 13:57","market":"us","language":"en","title":"Here's the formula for spotting genuinely undervalued companies, claims this investment house","url":"https://stock-news.laohu8.com/highlight/detail?id=2110026963","media":"Dow Jones","summary":"The growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis. For most of 2020, investors poured money into names like online retailer Amazon $$, electric-car maker Tesla $$, and e-commerce platform Shopify -- \"growth\" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.But when news broke in early November 2020 that drug company Pfizer $$ and its partner BioNTech $$ had developed an effective vaccine against COVID-19, something pro","content":"<p>MW Here's the formula for spotting genuinely undervalued companies, claims this investment house</p>\n<p>The growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis</p>\n<p>For most of 2020, investors poured money into names like online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, and e-commerce platform Shopify (SHOP.T)-- \"growth\" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.</p>\n<p>But when news broke in early November 2020 that drug company Pfizer <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> and its partner BioNTech <a href=\"https://laohu8.com/S/BNTX\">$(BNTX)$</a> had developed an effective vaccine against COVID-19, something profound happened in financial markets.</p>\n<p>Investors rotated out of these investments in favor of \"value\" stocks hammered by the COVID-19 pandemic, like airlines.</p>\n<p>This rotation was based on an essential concept in investing: There are some stocks that are clearly undervalued based on standard metrics.</p>\n<p>And it is completely flawed, according to research from ValuAnalysis, a London-based fund manager and equity investment boutique, which specializes in valuation.</p>\n<p>The apparent difference between growth stocks and value stocks is that the former is overvalued based on fundamental metrics while the latter is undervalued.</p>\n<p>\"Everyone knows that this thing doesn't make any sense because growth is not the opposite of value,\" Pascal Costantini, who led the research at ValuAnalysis, tells MarketWatch.</p>\n<p>\"It should be high-growth and low-growth, and I can imagine that, somewhere in an office, some guy said 'well this is not catchy enough, so how about growth and value?'\"</p>\n<p>Analysts and investors use metrics like the price-to-earnings ratio, or price multiple, to value stocks. ValuAnalysis uses price as a multiple of normalized net free cash flow as its benchmark, and identifies the imaginary dividing line between value and growth stocks at 35x, which is the market median.</p>\n<p>The value vs. growth divide would suggest that a company trading at a 17x earnings multiple is undervalued. In reality, ValuAnalysis says it is likely a company that won't grow.</p>\n<p>In reality, a stock's value is based on the company's ability to grow free cash flow in an environment where the cost of capital is 5% to 6%. So if a company isn't outpacing that by improving revenue and margins, the multiple won't increase and the stock price is unlikely to rise.</p>\n<p>Stocks that are actually undervalued will trade between 25x and 35x free cash flow, Costantini says, outpacing the cost of capital but not breaking past the market median.</p>\n<p>To have potential, a company's accumulation of assets or revenue growth must outpace increases in global gross domestic product, and ideally show signs of accelerating. There must also be an increase in operational leverage through revenue or margins. A decrease in the risk premium, such as through advances in controlling carbon emissions, helps.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's the formula for spotting genuinely undervalued companies, claims this investment house</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\">\nHere's the formula for spotting genuinely undervalued companies, claims this investment house\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-02-12 13:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>MW Here's the formula for spotting genuinely undervalued companies, claims this investment house</p>\n<p>The growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis</p>\n<p>For most of 2020, investors poured money into names like online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, and e-commerce platform Shopify (SHOP.T)-- \"growth\" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.</p>\n<p>But when news broke in early November 2020 that drug company Pfizer <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> and its partner BioNTech <a href=\"https://laohu8.com/S/BNTX\">$(BNTX)$</a> had developed an effective vaccine against COVID-19, something profound happened in financial markets.</p>\n<p>Investors rotated out of these investments in favor of \"value\" stocks hammered by the COVID-19 pandemic, like airlines.</p>\n<p>This rotation was based on an essential concept in investing: There are some stocks that are clearly undervalued based on standard metrics.</p>\n<p>And it is completely flawed, according to research from ValuAnalysis, a London-based fund manager and equity investment boutique, which specializes in valuation.</p>\n<p>The apparent difference between growth stocks and value stocks is that the former is overvalued based on fundamental metrics while the latter is undervalued.</p>\n<p>\"Everyone knows that this thing doesn't make any sense because growth is not the opposite of value,\" Pascal Costantini, who led the research at ValuAnalysis, tells MarketWatch.</p>\n<p>\"It should be high-growth and low-growth, and I can imagine that, somewhere in an office, some guy said 'well this is not catchy enough, so how about growth and value?'\"</p>\n<p>Analysts and investors use metrics like the price-to-earnings ratio, or price multiple, to value stocks. ValuAnalysis uses price as a multiple of normalized net free cash flow as its benchmark, and identifies the imaginary dividing line between value and growth stocks at 35x, which is the market median.</p>\n<p>The value vs. growth divide would suggest that a company trading at a 17x earnings multiple is undervalued. In reality, ValuAnalysis says it is likely a company that won't grow.</p>\n<p>In reality, a stock's value is based on the company's ability to grow free cash flow in an environment where the cost of capital is 5% to 6%. So if a company isn't outpacing that by improving revenue and margins, the multiple won't increase and the stock price is unlikely to rise.</p>\n<p>Stocks that are actually undervalued will trade between 25x and 35x free cash flow, Costantini says, outpacing the cost of capital but not breaking past the market median.</p>\n<p>To have potential, a company's accumulation of assets or revenue growth must outpace increases in global gross domestic product, and ideally show signs of accelerating. There must also be an increase in operational leverage through revenue or margins. A decrease in the risk premium, such as through advances in controlling carbon emissions, helps.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/15e20574f8fb568333181d61bb200086","relate_stocks":{"PFE":"辉瑞","TSLA":"特斯拉","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110026963","content_text":"MW Here's the formula for spotting genuinely undervalued companies, claims this investment house\nThe growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis\nFor most of 2020, investors poured money into names like online retailer Amazon $(AMZN)$, electric-car maker Tesla $(TSLA)$, and e-commerce platform Shopify (SHOP.T)-- \"growth\" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.\nBut when news broke in early November 2020 that drug company Pfizer $(PFE)$ and its partner BioNTech $(BNTX)$ had developed an effective vaccine against COVID-19, something profound happened in financial markets.\nInvestors rotated out of these investments in favor of \"value\" stocks hammered by the COVID-19 pandemic, like airlines.\nThis rotation was based on an essential concept in investing: There are some stocks that are clearly undervalued based on standard metrics.\nAnd it is completely flawed, according to research from ValuAnalysis, a London-based fund manager and equity investment boutique, which specializes in valuation.\nThe apparent difference between growth stocks and value stocks is that the former is overvalued based on fundamental metrics while the latter is undervalued.\n\"Everyone knows that this thing doesn't make any sense because growth is not the opposite of value,\" Pascal Costantini, who led the research at ValuAnalysis, tells MarketWatch.\n\"It should be high-growth and low-growth, and I can imagine that, somewhere in an office, some guy said 'well this is not catchy enough, so how about growth and value?'\"\nAnalysts and investors use metrics like the price-to-earnings ratio, or price multiple, to value stocks. ValuAnalysis uses price as a multiple of normalized net free cash flow as its benchmark, and identifies the imaginary dividing line between value and growth stocks at 35x, which is the market median.\nThe value vs. growth divide would suggest that a company trading at a 17x earnings multiple is undervalued. In reality, ValuAnalysis says it is likely a company that won't grow.\nIn reality, a stock's value is based on the company's ability to grow free cash flow in an environment where the cost of capital is 5% to 6%. So if a company isn't outpacing that by improving revenue and margins, the multiple won't increase and the stock price is unlikely to rise.\nStocks that are actually undervalued will trade between 25x and 35x free cash flow, Costantini says, outpacing the cost of capital but not breaking past the market median.\nTo have potential, a company's accumulation of assets or revenue growth must outpace increases in global gross domestic product, and ideally show signs of accelerating. There must also be an increase in operational leverage through revenue or margins. A decrease in the risk premium, such as through advances in controlling carbon emissions, helps.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}