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2021-09-08

Still what is the implication of this news anyone?

Sorry, the original content has been removed

2022-06-14

Good news?

Singapore Stocks To Watch: Frasers Property, Frasers Hospitality Trust, Keppel Infrastructure

2021-09-23

Wow, what's happening with this?

Remitly Global opens for trading at $53, up about 23% from IPO price

2022-05-17

Huat!!!!

Singapore Stock Market May See Additional Support

2021-08-12

Totally beat estimates!

Clover Health shares rose nearly 12% in premarket trading.

2022-05-09

Hory sheet, stay vigilant!

Singapore Shares Expected To Open Under Pressure On Monday

2022-05-09

Hory sheet! Stay vigilant all!

Singapore Shares Expected To Open Under Pressure On Monday

2022-04-30

Not looking good at all, stay on the sidelines people!

US STOCKS-Wall Street Closes Sharply Lower on Amazon Slump, Inflation Worries

2022-03-22

Giga huat!

Tesla Rose Nearly 2% in Premarket Trading after Handing over First Model Ys in German Gigafactory

2022-02-18

Good effort in trying to balance the economy. Somehow this makes me think of USA FEF rate hikes hahaha

Singapore Budget 2022 Key Announcements and Highlights

Go to Tiger App to see more news

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do we hold or we can sell? Either way it's gonna be $0.70 right?","listText":"So do we hold or we can sell? Either way it's gonna be $0.70 right?","text":"So do we hold or we can sell? Either way it's gonna be $0.70 right?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043764342","repostId":"1140203840","repostType":2,"repost":{"id":"1140203840","kind":"news","pubTimestamp":1655289988,"share":"https://ttm.financial/m/news/1140203840?lang=en_US&edition=fundamental","pubTime":"2022-06-15 18:46","market":"sg","language":"en","title":"Frasers Hospitality Trust Is Being Taken Private: 5 Things Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1140203840","media":"The Smart Investor","summary":"The hospitality trust has looked at various ways of realising value for unitholders before proposing","content":"<html><head></head><body><p>The hospitality trust has looked at various ways of realising value for unitholders before proposing this route.</p><p><img src=\"https://static.tigerbbs.com/fb03abf5450a93fccc3d1212c6e9fb8a\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>Over the last several years, several REITs have delisted either through mergers or having been taken private.</p><p>These moves have reduced the REITs available for investors as consolidation takes place within the REIT space.</p><p>Last year,<b>ESR-REIT</b>(SGX: J91U) and ARA Logos Logistics Trust went through a S$1.4 billion merger to increase its exposure to new economy assets.</p><p>Earlier this year, <b>Mapletree Commercial Trust</b> (SGX: N2IU) and <b>Mapletree North Asia Commercial Trust</b> (SGX: RW0U) announced a S$4.2 billion merger to form Mapletree Pan-Asian Commercial Trust or MPACT.</p><p>Apart from these two REITs, Soilbuild Business Space REIT was taken private more than a year ago at S$0.53806 per unit.</p><p>The latest REIT to announce that it plans to go private is <b>Frasers Hospitality Trust</b> (SGX: ACV), or FHT.</p><p>Here are five aspects of the transaction that investors should know about.</p><p><b>1. A premium to net asset value</b></p><p>A wholly-owned subsidiary of <b>Frasers Property Limited</b> (SGX: TQ5), or FPL, is offering to privatise FHT through a trust scheme of arrangement.</p><p>The scheme consideration is S$0.70 per unit and represents a slight premium over the trust’s net asset value (NAV) per stapled security of S$0.6534 as of 31 March 2022.</p><p>The price offered is also a 22.8% premium to FHT’s last traded price of S$0.57 as of 7 April and a significant 43.8% premium to the 12-month volume-weighted average price of S$0.487.</p><p>In addition, the consideration of S$0.70 is also higher than the consensus analyst target price of S$0.60 by two brokerages.</p><p>Seen in this light, FHT’s offer from FPL represents a decent opportunity for unitholders to monetise their investment.</p><p><b>2. 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An uncertain recovery for the hotel sector</b></p><p>Despite the reopening of borders and a surge in the number of travellers, the operating metrics for FHT’s assets remain significantly below pre-pandemic levels.</p><p>The revenue per available room (RevPAR) for its various markets remains at depressed levels for the first half of fiscal 2022 (1H2022) compared with FY2019.</p><p>Australia and Malaysia’s RevPAR are down more than 70% while Singapore’s is nearly half of its pre-pandemic level.</p><p>Coupled with rising inflation and an impending sharp rise in interest rates, FHT will have to contend with higher operating and borrowing costs, further delaying its recovery.</p><p><b>4. A vicious cycle</b></p><p>FHT has been caught between a rock and a hard place for some time.</p><p>It has been the second smallest hospitality trust listed on the Singapore stock exchange in terms of asset size and is ranked #32 among other REITs and business trusts in terms of free-float capitalisation.</p><p>Its small size prevents it from being included in the FTSE EPRA NAREIT Index, thereby limiting large funds from investing in it.</p><p>Liquidity is thus poor for the trust, leading to a lower institutional following.</p><p>The REIT’s pre-COVID average distribution yield has hovered around 7.2%, making it tough for the trust to make yield-accretive acquisitions.</p><p>The inability of FHT to attract greater fund flows and its lack of inclusion in a reputable REIT index means that it has no chance for improved valuations, resulting in a vicious cycle.</p><p><b>5. A decent total return</b></p><p>A stapled security unitholder who subscribed for FHT’s IPO and also subscribed for its rights issue on 9 September 2016 will have an average cost of S$0.813 for his units.</p><p>Along with distributions received over the years of S$0.297 plus the scheme consideration of S$0.70 per unit, the total the unitholder will receive is S$0.997, giving a 22.7% return since FHT’s IPO.</p><p>However, when calculated in terms of per annum returns, FHT provides a total return of merely 2.6% since its listing in July 2014.</p></body></html>","source":"lsy1602567310727","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>Frasers Hospitality Trust Is Being Taken Private: 5 Things Investors Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Hospitality Trust Is Being Taken Private: 5 Things Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-15 18:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/frasers-hospitality-trust-is-being-taken-private-5-things-investors-need-to-know/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The hospitality trust has looked at various ways of realising value for unitholders before proposing this route.Over the last several years, several REITs have delisted either through mergers or ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/frasers-hospitality-trust-is-being-taken-private-5-things-investors-need-to-know/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://thesmartinvestor.com.sg/frasers-hospitality-trust-is-being-taken-private-5-things-investors-need-to-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140203840","content_text":"The hospitality trust has looked at various ways of realising value for unitholders before proposing this route.Over the last several years, several REITs have delisted either through mergers or having been taken private.These moves have reduced the REITs available for investors as consolidation takes place within the REIT space.Last year,ESR-REIT(SGX: J91U) and ARA Logos Logistics Trust went through a S$1.4 billion merger to increase its exposure to new economy assets.Earlier this year, Mapletree Commercial Trust (SGX: N2IU) and Mapletree North Asia Commercial Trust (SGX: RW0U) announced a S$4.2 billion merger to form Mapletree Pan-Asian Commercial Trust or MPACT.Apart from these two REITs, Soilbuild Business Space REIT was taken private more than a year ago at S$0.53806 per unit.The latest REIT to announce that it plans to go private is Frasers Hospitality Trust (SGX: ACV), or FHT.Here are five aspects of the transaction that investors should know about.1. A premium to net asset valueA wholly-owned subsidiary of Frasers Property Limited (SGX: TQ5), or FPL, is offering to privatise FHT through a trust scheme of arrangement.The scheme consideration is S$0.70 per unit and represents a slight premium over the trust’s net asset value (NAV) per stapled security of S$0.6534 as of 31 March 2022.The price offered is also a 22.8% premium to FHT’s last traded price of S$0.57 as of 7 April and a significant 43.8% premium to the 12-month volume-weighted average price of S$0.487.In addition, the consideration of S$0.70 is also higher than the consensus analyst target price of S$0.60 by two brokerages.Seen in this light, FHT’s offer from FPL represents a decent opportunity for unitholders to monetise their investment.2. Tough to grow DPS and NAVThe decision to privatise FHT was not taken lightly and came after a detailed strategic review was conducted in April 2022.The trust has attempted to grow its distribution per stapled security (DPS) and NAV since its IPO in July 2014 but has not been successful.FHT undertook three acquisitions in total – one in 2015 and two in 2016, and also conducted asset enhancement initiatives (AEI) worth S$61.3 million since IPO.The result was that the hospitality trust’s portfolio valuation has increased by 35% since its IPO, but both DPS and NAV have been on a downtrend.From its first full fiscal year in fiscal 2016 (FY2016) till FY2021, DPS has been on a steady decline from S$0.054 to S$0.01, in large part due to the COVID-19 pandemic.NAV has also been on a sustained downtrend from S$0.83 at IPO to S$0.648 as of FY2021.The main culprit was due to the strengthening of the Singapore dollar against FHT’s operating currencies such as the Australian dollar, British pound, Japanese yen, Malaysian ringgit and the Euro.3. An uncertain recovery for the hotel sectorDespite the reopening of borders and a surge in the number of travellers, the operating metrics for FHT’s assets remain significantly below pre-pandemic levels.The revenue per available room (RevPAR) for its various markets remains at depressed levels for the first half of fiscal 2022 (1H2022) compared with FY2019.Australia and Malaysia’s RevPAR are down more than 70% while Singapore’s is nearly half of its pre-pandemic level.Coupled with rising inflation and an impending sharp rise in interest rates, FHT will have to contend with higher operating and borrowing costs, further delaying its recovery.4. A vicious cycleFHT has been caught between a rock and a hard place for some time.It has been the second smallest hospitality trust listed on the Singapore stock exchange in terms of asset size and is ranked #32 among other REITs and business trusts in terms of free-float capitalisation.Its small size prevents it from being included in the FTSE EPRA NAREIT Index, thereby limiting large funds from investing in it.Liquidity is thus poor for the trust, leading to a lower institutional following.The REIT’s pre-COVID average distribution yield has hovered around 7.2%, making it tough for the trust to make yield-accretive acquisitions.The inability of FHT to attract greater fund flows and its lack of inclusion in a reputable REIT index means that it has no chance for improved valuations, resulting in a vicious cycle.5. A decent total returnA stapled security unitholder who subscribed for FHT’s IPO and also subscribed for its rights issue on 9 September 2016 will have an average cost of S$0.813 for his units.Along with distributions received over the years of S$0.297 plus the scheme consideration of S$0.70 per unit, the total the unitholder will receive is S$0.997, giving a 22.7% return since FHT’s IPO.However, when calculated in terms of per annum returns, FHT provides a total return of merely 2.6% since its listing in July 2014.","news_type":1,"symbols_score_info":{"TQ5.SI":0.9,"ACV.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2819,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057399915,"gmtCreate":1655460706738,"gmtModify":1676535644069,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"So in any case, the shares will be 0.70 max right? Does it matter if I just sell when the stock reaches 0.70? No difference between this and holding right?","listText":"So in any case, the shares will be 0.70 max right? Does it matter if I just sell when the stock reaches 0.70? No difference between this and holding right?","text":"So in any case, the shares will be 0.70 max right? Does it matter if I just sell when the stock reaches 0.70? No difference between this and holding right?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057399915","repostId":"1140203840","repostType":2,"repost":{"id":"1140203840","kind":"news","pubTimestamp":1655289988,"share":"https://ttm.financial/m/news/1140203840?lang=en_US&edition=fundamental","pubTime":"2022-06-15 18:46","market":"sg","language":"en","title":"Frasers Hospitality Trust Is Being Taken Private: 5 Things Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1140203840","media":"The Smart Investor","summary":"The hospitality trust has looked at various ways of realising value for unitholders before proposing","content":"<html><head></head><body><p>The hospitality trust has looked at various ways of realising value for unitholders before proposing this route.</p><p><img src=\"https://static.tigerbbs.com/fb03abf5450a93fccc3d1212c6e9fb8a\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>Over the last several years, several REITs have delisted either through mergers or having been taken private.</p><p>These moves have reduced the REITs available for investors as consolidation takes place within the REIT space.</p><p>Last year,<b>ESR-REIT</b>(SGX: J91U) and ARA Logos Logistics Trust went through a S$1.4 billion merger to increase its exposure to new economy assets.</p><p>Earlier this year, <b>Mapletree Commercial Trust</b> (SGX: N2IU) and <b>Mapletree North Asia Commercial Trust</b> (SGX: RW0U) announced a S$4.2 billion merger to form Mapletree Pan-Asian Commercial Trust or MPACT.</p><p>Apart from these two REITs, Soilbuild Business Space REIT was taken private more than a year ago at S$0.53806 per unit.</p><p>The latest REIT to announce that it plans to go private is <b>Frasers Hospitality Trust</b> (SGX: ACV), or FHT.</p><p>Here are five aspects of the transaction that investors should know about.</p><p><b>1. A premium to net asset value</b></p><p>A wholly-owned subsidiary of <b>Frasers Property Limited</b> (SGX: TQ5), or FPL, is offering to privatise FHT through a trust scheme of arrangement.</p><p>The scheme consideration is S$0.70 per unit and represents a slight premium over the trust’s net asset value (NAV) per stapled security of S$0.6534 as of 31 March 2022.</p><p>The price offered is also a 22.8% premium to FHT’s last traded price of S$0.57 as of 7 April and a significant 43.8% premium to the 12-month volume-weighted average price of S$0.487.</p><p>In addition, the consideration of S$0.70 is also higher than the consensus analyst target price of S$0.60 by two brokerages.</p><p>Seen in this light, FHT’s offer from FPL represents a decent opportunity for unitholders to monetise their investment.</p><p><b>2. Tough to grow DPS and NAV</b></p><p>The decision to privatise FHT was not taken lightly and came after a detailed strategic review was conducted in April 2022.</p><p>The trust has attempted to grow its distribution per stapled security (DPS) and NAV since its IPO in July 2014 but has not been successful.</p><p>FHT undertook three acquisitions in total – one in 2015 and two in 2016, and also conducted asset enhancement initiatives (AEI) worth S$61.3 million since IPO.</p><p>The result was that the hospitality trust’s portfolio valuation has increased by 35% since its IPO, but both DPS and NAV have been on a downtrend.</p><p>From its first full fiscal year in fiscal 2016 (FY2016) till FY2021, DPS has been on a steady decline from S$0.054 to S$0.01, in large part due to the COVID-19 pandemic.</p><p>NAV has also been on a sustained downtrend from S$0.83 at IPO to S$0.648 as of FY2021.</p><p>The main culprit was due to the strengthening of the Singapore dollar against FHT’s operating currencies such as the Australian dollar, British pound, Japanese yen, Malaysian ringgit and the Euro.</p><p><b>3. An uncertain recovery for the hotel sector</b></p><p>Despite the reopening of borders and a surge in the number of travellers, the operating metrics for FHT’s assets remain significantly below pre-pandemic levels.</p><p>The revenue per available room (RevPAR) for its various markets remains at depressed levels for the first half of fiscal 2022 (1H2022) compared with FY2019.</p><p>Australia and Malaysia’s RevPAR are down more than 70% while Singapore’s is nearly half of its pre-pandemic level.</p><p>Coupled with rising inflation and an impending sharp rise in interest rates, FHT will have to contend with higher operating and borrowing costs, further delaying its recovery.</p><p><b>4. A vicious cycle</b></p><p>FHT has been caught between a rock and a hard place for some time.</p><p>It has been the second smallest hospitality trust listed on the Singapore stock exchange in terms of asset size and is ranked #32 among other REITs and business trusts in terms of free-float capitalisation.</p><p>Its small size prevents it from being included in the FTSE EPRA NAREIT Index, thereby limiting large funds from investing in it.</p><p>Liquidity is thus poor for the trust, leading to a lower institutional following.</p><p>The REIT’s pre-COVID average distribution yield has hovered around 7.2%, making it tough for the trust to make yield-accretive acquisitions.</p><p>The inability of FHT to attract greater fund flows and its lack of inclusion in a reputable REIT index means that it has no chance for improved valuations, resulting in a vicious cycle.</p><p><b>5. A decent total return</b></p><p>A stapled security unitholder who subscribed for FHT’s IPO and also subscribed for its rights issue on 9 September 2016 will have an average cost of S$0.813 for his units.</p><p>Along with distributions received over the years of S$0.297 plus the scheme consideration of S$0.70 per unit, the total the unitholder will receive is S$0.997, giving a 22.7% return since FHT’s IPO.</p><p>However, when calculated in terms of per annum returns, FHT provides a total return of merely 2.6% since its listing in July 2014.</p></body></html>","source":"lsy1602567310727","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>Frasers Hospitality Trust Is Being Taken Private: 5 Things Investors Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Hospitality Trust Is Being Taken Private: 5 Things Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-15 18:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/frasers-hospitality-trust-is-being-taken-private-5-things-investors-need-to-know/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The hospitality trust has looked at various ways of realising value for unitholders before proposing this route.Over the last several years, several REITs have delisted either through mergers or ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/frasers-hospitality-trust-is-being-taken-private-5-things-investors-need-to-know/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://thesmartinvestor.com.sg/frasers-hospitality-trust-is-being-taken-private-5-things-investors-need-to-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140203840","content_text":"The hospitality trust has looked at various ways of realising value for unitholders before proposing this route.Over the last several years, several REITs have delisted either through mergers or having been taken private.These moves have reduced the REITs available for investors as consolidation takes place within the REIT space.Last year,ESR-REIT(SGX: J91U) and ARA Logos Logistics Trust went through a S$1.4 billion merger to increase its exposure to new economy assets.Earlier this year, Mapletree Commercial Trust (SGX: N2IU) and Mapletree North Asia Commercial Trust (SGX: RW0U) announced a S$4.2 billion merger to form Mapletree Pan-Asian Commercial Trust or MPACT.Apart from these two REITs, Soilbuild Business Space REIT was taken private more than a year ago at S$0.53806 per unit.The latest REIT to announce that it plans to go private is Frasers Hospitality Trust (SGX: ACV), or FHT.Here are five aspects of the transaction that investors should know about.1. A premium to net asset valueA wholly-owned subsidiary of Frasers Property Limited (SGX: TQ5), or FPL, is offering to privatise FHT through a trust scheme of arrangement.The scheme consideration is S$0.70 per unit and represents a slight premium over the trust’s net asset value (NAV) per stapled security of S$0.6534 as of 31 March 2022.The price offered is also a 22.8% premium to FHT’s last traded price of S$0.57 as of 7 April and a significant 43.8% premium to the 12-month volume-weighted average price of S$0.487.In addition, the consideration of S$0.70 is also higher than the consensus analyst target price of S$0.60 by two brokerages.Seen in this light, FHT’s offer from FPL represents a decent opportunity for unitholders to monetise their investment.2. Tough to grow DPS and NAVThe decision to privatise FHT was not taken lightly and came after a detailed strategic review was conducted in April 2022.The trust has attempted to grow its distribution per stapled security (DPS) and NAV since its IPO in July 2014 but has not been successful.FHT undertook three acquisitions in total – one in 2015 and two in 2016, and also conducted asset enhancement initiatives (AEI) worth S$61.3 million since IPO.The result was that the hospitality trust’s portfolio valuation has increased by 35% since its IPO, but both DPS and NAV have been on a downtrend.From its first full fiscal year in fiscal 2016 (FY2016) till FY2021, DPS has been on a steady decline from S$0.054 to S$0.01, in large part due to the COVID-19 pandemic.NAV has also been on a sustained downtrend from S$0.83 at IPO to S$0.648 as of FY2021.The main culprit was due to the strengthening of the Singapore dollar against FHT’s operating currencies such as the Australian dollar, British pound, Japanese yen, Malaysian ringgit and the Euro.3. An uncertain recovery for the hotel sectorDespite the reopening of borders and a surge in the number of travellers, the operating metrics for FHT’s assets remain significantly below pre-pandemic levels.The revenue per available room (RevPAR) for its various markets remains at depressed levels for the first half of fiscal 2022 (1H2022) compared with FY2019.Australia and Malaysia’s RevPAR are down more than 70% while Singapore’s is nearly half of its pre-pandemic level.Coupled with rising inflation and an impending sharp rise in interest rates, FHT will have to contend with higher operating and borrowing costs, further delaying its recovery.4. A vicious cycleFHT has been caught between a rock and a hard place for some time.It has been the second smallest hospitality trust listed on the Singapore stock exchange in terms of asset size and is ranked #32 among other REITs and business trusts in terms of free-float capitalisation.Its small size prevents it from being included in the FTSE EPRA NAREIT Index, thereby limiting large funds from investing in it.Liquidity is thus poor for the trust, leading to a lower institutional following.The REIT’s pre-COVID average distribution yield has hovered around 7.2%, making it tough for the trust to make yield-accretive acquisitions.The inability of FHT to attract greater fund flows and its lack of inclusion in a reputable REIT index means that it has no chance for improved valuations, resulting in a vicious cycle.5. A decent total returnA stapled security unitholder who subscribed for FHT’s IPO and also subscribed for its rights issue on 9 September 2016 will have an average cost of S$0.813 for his units.Along with distributions received over the years of S$0.297 plus the scheme consideration of S$0.70 per unit, the total the unitholder will receive is S$0.997, giving a 22.7% return since FHT’s IPO.However, when calculated in terms of per annum returns, FHT provides a total return of merely 2.6% since its listing in July 2014.","news_type":1,"symbols_score_info":{"TQ5.SI":0.9,"ACV.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052687836,"gmtCreate":1655168396826,"gmtModify":1676535574155,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Good news?","listText":"Good news?","text":"Good news?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052687836","repostId":"1132749955","repostType":2,"repost":{"id":"1132749955","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1655167402,"share":"https://ttm.financial/m/news/1132749955?lang=en_US&edition=fundamental","pubTime":"2022-06-14 08:43","market":"sg","language":"en","title":"Singapore Stocks To Watch: Frasers Property, Frasers Hospitality Trust, Keppel Infrastructure","url":"https://stock-news.laohu8.com/highlight/detail?id=1132749955","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Tuesday ","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 14):</p><p><a href=\"https://laohu8.com/S/TQ5.SI\">Frasers Property</a>, <a href=\"https://laohu8.com/S/ACV.SI\">Frasers Hospitality Trust</a>: FRASERS Property Hospitality Trust Holdings, a wholly-owned subsidiary ofFrasers Property, is proposing to privatise <a href=\"https://laohu8.com/S/ACV.SI\">Frasers Hospitality Trust</a> through a trust scheme of arrangement.</p><p>The privatisation will shave over S$1.3 billion worth of value from the local bourse.</p><p>The offeror is proposing to acquire all of FHT’s stapled securities – other than those held by TCC Group Investments and Frasers Property and its subsidiaries – at a scheme consideration of S$0.70 each in cash, it said in a bourse filing on Monday (Jun 13).</p><p>The scheme consideration represents a premium of 43.8 per cent over the 12-month volume-weighted average price per stapled security up to and including Apr 7, the last full trading day prior to the announcement of its strategic review.</p><p>It also represents a premium of 16.7 per cent over recent analyst consensus of the counter’s target price in 2022.</p><p>The independent directors of FHT noted that the scheme is the best option for stapled securityholders to realise their investments, given that it represents a credible offer from a financial perspective and offers strong deal certainty for stapled securityholders in terms of timing and execution.</p><p><a href=\"https://laohu8.com/S/A7RU.SI\">Keppel Infrastructure</a>: Keppel Infrastructure Fund Management Pte Ltd (KIFM), trustee-manager of Keppel Infrastructure Trust (KIT), and solar power producer Jinko Power signed a non-binding memorandum of understanding for the exploration of opportunities for solar farm and energy storage investments.</p><p>Under the memo, Jinko will identify up to 1,000 megawatts of solar farm and energy storage projects in its assets pipeline which KIT can potentially invest in.</p><p>“Each of these assets will be in jurisdictions that meet KIT’s investment criteria, in key developed markets of Asia Pacific, Europe and the Middle East,” KIT said in a statement.</p><p>KIT and Jinko will enter separate investment deals to acquire and hold the respective assets through special purpose vehicles, it added.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks To Watch: Frasers Property, Frasers Hospitality Trust, Keppel Infrastructure</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks To Watch: Frasers Property, Frasers Hospitality Trust, Keppel Infrastructure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-14 08:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 14):</p><p><a href=\"https://laohu8.com/S/TQ5.SI\">Frasers Property</a>, <a href=\"https://laohu8.com/S/ACV.SI\">Frasers Hospitality Trust</a>: FRASERS Property Hospitality Trust Holdings, a wholly-owned subsidiary ofFrasers Property, is proposing to privatise <a href=\"https://laohu8.com/S/ACV.SI\">Frasers Hospitality Trust</a> through a trust scheme of arrangement.</p><p>The privatisation will shave over S$1.3 billion worth of value from the local bourse.</p><p>The offeror is proposing to acquire all of FHT’s stapled securities – other than those held by TCC Group Investments and Frasers Property and its subsidiaries – at a scheme consideration of S$0.70 each in cash, it said in a bourse filing on Monday (Jun 13).</p><p>The scheme consideration represents a premium of 43.8 per cent over the 12-month volume-weighted average price per stapled security up to and including Apr 7, the last full trading day prior to the announcement of its strategic review.</p><p>It also represents a premium of 16.7 per cent over recent analyst consensus of the counter’s target price in 2022.</p><p>The independent directors of FHT noted that the scheme is the best option for stapled securityholders to realise their investments, given that it represents a credible offer from a financial perspective and offers strong deal certainty for stapled securityholders in terms of timing and execution.</p><p><a href=\"https://laohu8.com/S/A7RU.SI\">Keppel Infrastructure</a>: Keppel Infrastructure Fund Management Pte Ltd (KIFM), trustee-manager of Keppel Infrastructure Trust (KIT), and solar power producer Jinko Power signed a non-binding memorandum of understanding for the exploration of opportunities for solar farm and energy storage investments.</p><p>Under the memo, Jinko will identify up to 1,000 megawatts of solar farm and energy storage projects in its assets pipeline which KIT can potentially invest in.</p><p>“Each of these assets will be in jurisdictions that meet KIT’s investment criteria, in key developed markets of Asia Pacific, Europe and the Middle East,” KIT said in a statement.</p><p>KIT and Jinko will enter separate investment deals to acquire and hold the respective assets through special purpose vehicles, it added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"A7RU.SI":"吉宝基础设施信托","TQ5.SI":"星狮地产有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132749955","content_text":"THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 14):Frasers Property, Frasers Hospitality Trust: FRASERS Property Hospitality Trust Holdings, a wholly-owned subsidiary ofFrasers Property, is proposing to privatise Frasers Hospitality Trust through a trust scheme of arrangement.The privatisation will shave over S$1.3 billion worth of value from the local bourse.The offeror is proposing to acquire all of FHT’s stapled securities – other than those held by TCC Group Investments and Frasers Property and its subsidiaries – at a scheme consideration of S$0.70 each in cash, it said in a bourse filing on Monday (Jun 13).The scheme consideration represents a premium of 43.8 per cent over the 12-month volume-weighted average price per stapled security up to and including Apr 7, the last full trading day prior to the announcement of its strategic review.It also represents a premium of 16.7 per cent over recent analyst consensus of the counter’s target price in 2022.The independent directors of FHT noted that the scheme is the best option for stapled securityholders to realise their investments, given that it represents a credible offer from a financial perspective and offers strong deal certainty for stapled securityholders in terms of timing and execution.Keppel Infrastructure: Keppel Infrastructure Fund Management Pte Ltd (KIFM), trustee-manager of Keppel Infrastructure Trust (KIT), and solar power producer Jinko Power signed a non-binding memorandum of understanding for the exploration of opportunities for solar farm and energy storage investments.Under the memo, Jinko will identify up to 1,000 megawatts of solar farm and energy storage projects in its assets pipeline which KIT can potentially invest in.“Each of these assets will be in jurisdictions that meet KIT’s investment criteria, in key developed markets of Asia Pacific, Europe and the Middle East,” KIT said in a statement.KIT and Jinko will enter separate investment deals to acquire and hold the respective assets through special purpose vehicles, it added.","news_type":1,"symbols_score_info":{"ACV.SI":0.9,"A7RU.SI":0.9,"TQ5.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029140718,"gmtCreate":1652748852534,"gmtModify":1676535153573,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Huat!!!!","listText":"Huat!!!!","text":"Huat!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029140718","repostId":"1141816282","repostType":2,"repost":{"id":"1141816282","kind":"news","pubTimestamp":1652746423,"share":"https://ttm.financial/m/news/1141816282?lang=en_US&edition=fundamental","pubTime":"2022-05-17 08:13","market":"sg","language":"en","title":"Singapore Stock Market May See Additional Support","url":"https://stock-news.laohu8.com/highlight/detail?id=1141816282","media":"rtt news","summary":"Ahead of Monday's holiday for Wesak Day, the Singapore stock market had halted the seven-day losing ","content":"<html><head></head><body><p>Ahead of Monday&#39;s holiday for Wesak Day, the Singapore stock market had halted the seven-day losing streak in which it had fallen more than 190 points or 4.7 percent. The Straits Times Index now rests just above the 3,190-point plateau and it may add to its winnings on Tuesday.</p><p>The global forecast for the Asian markets is mixed, with support from energy stocks likely limited by weakness from technology companies. The European and U.S. markets were mixed and the Asian markets figure to follow suit.</p><p>The STI finished modestly higher on Friday following gains from the financial shares, property stocks and industrial issues.</p><p>For the day, the index gathered 25.98 points or 0.82 percent to finish at 3,191.16 after trading between 3,189.68 and 3,213.22. Volume was 1.46 billion shares worth 1.46 billion Singapore dollars. There were 335 gainers and 158 decliners.</p><p>Among the actives, Ascendas REIT was up 0.75 percent, CapitaLand Integrated Commercial Trust spiked 3.18 percent, CapitaLand Investment rose 0.26 percent, City Developments skyrocketed 6.65 percent, Comfort DelGro increased 1.44 percent, Dairy Farm International soared 3.38 percent, DBS Group collected 0.55 percent, Genting Singapore gained 1.31 percent, Hongkong Land added 0.44 percent, Keppel Corp accelerated 2.02 percent, Mapletree Commercial Trust strengthened 1.73 percent, Mapletree Industrial Trust and Venture Corporation both perked 0.82 percent, Mapletree Logistics Trust rose 1.25 percent, Oversea-Chinese Banking Corporation was up 0.09 percent, SATS added 1.41 percent, SembCorp Industries rallied 1.84 percent, Singapore Exchange jumped 1.79 percent, SingTel tumbled 2.14 percent, Thai Beverage climbed 1.49 percent, United Overseas Bank advanced 1.46 percent, Wilmar International improved 1.45 percent, Yangzijiang Financial surged 4.82 percent, Yangzijiang Shipbuilding gathered 1.23 percent and Singapore Technologies Engineering was unchanged.</p><p>The lead from Wall Street is inconsistent as the major averages opened lower on Monday but saw time on both sides of the unchanged line, eventually ending mixed.</p><p>The Dow rose 26.76 points or 0.08 percent to finish at 32,223.42, while the NASDAQ plummeted 142.21 points or 1.20 percent to end at 11,662.79 and the S&amp;P 500 sank 15.88 points or 0.39 percent to close at 4,008.01.</p><p>Disappointing economic data from the U.S., Europe and China weighed on sentiment, prompting investors to largely stay cautious.</p><p>A downward revision in EU growth forecast by the European Commission, as did data showing German wholesale price inflation hitting a record high.</p><p>In U.S. economic news, the Federal Reserve Bank of New York said manufacturing activity unexpectedly contracted in May.</p><p>Crude oil futures shrugged off early weakness and settled sharply higher on Monday, buoyed by rising gasoline prices after a drop in stockpiles. West Texas Intermediate Crude oil futures for June ended higher by $3.71 or 3.4 percent at $114.20 a barrel.</p><p>Closer to home, Singapore will provide Aril data for non-oil domestic exports later today; in March, NODX fell 2.3 percent on month and climbed 7.7 percent on year, resulting in a trade surplus of SGD4.172 billion.</p></body></html>","source":"lsy1637539882596","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market May See Additional Support</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market May See Additional Support\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-17 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3284640/singapore-stock-market-may-see-additional-support.aspx?type=acom><strong>rtt news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ahead of Monday's holiday for Wesak Day, the Singapore stock market had halted the seven-day losing streak in which it had fallen more than 190 points or 4.7 percent. The Straits Times Index now rests...</p>\n\n<a href=\"https://www.rttnews.com/3284640/singapore-stock-market-may-see-additional-support.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3284640/singapore-stock-market-may-see-additional-support.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141816282","content_text":"Ahead of Monday's holiday for Wesak Day, the Singapore stock market had halted the seven-day losing streak in which it had fallen more than 190 points or 4.7 percent. The Straits Times Index now rests just above the 3,190-point plateau and it may add to its winnings on Tuesday.The global forecast for the Asian markets is mixed, with support from energy stocks likely limited by weakness from technology companies. The European and U.S. markets were mixed and the Asian markets figure to follow suit.The STI finished modestly higher on Friday following gains from the financial shares, property stocks and industrial issues.For the day, the index gathered 25.98 points or 0.82 percent to finish at 3,191.16 after trading between 3,189.68 and 3,213.22. Volume was 1.46 billion shares worth 1.46 billion Singapore dollars. There were 335 gainers and 158 decliners.Among the actives, Ascendas REIT was up 0.75 percent, CapitaLand Integrated Commercial Trust spiked 3.18 percent, CapitaLand Investment rose 0.26 percent, City Developments skyrocketed 6.65 percent, Comfort DelGro increased 1.44 percent, Dairy Farm International soared 3.38 percent, DBS Group collected 0.55 percent, Genting Singapore gained 1.31 percent, Hongkong Land added 0.44 percent, Keppel Corp accelerated 2.02 percent, Mapletree Commercial Trust strengthened 1.73 percent, Mapletree Industrial Trust and Venture Corporation both perked 0.82 percent, Mapletree Logistics Trust rose 1.25 percent, Oversea-Chinese Banking Corporation was up 0.09 percent, SATS added 1.41 percent, SembCorp Industries rallied 1.84 percent, Singapore Exchange jumped 1.79 percent, SingTel tumbled 2.14 percent, Thai Beverage climbed 1.49 percent, United Overseas Bank advanced 1.46 percent, Wilmar International improved 1.45 percent, Yangzijiang Financial surged 4.82 percent, Yangzijiang Shipbuilding gathered 1.23 percent and Singapore Technologies Engineering was unchanged.The lead from Wall Street is inconsistent as the major averages opened lower on Monday but saw time on both sides of the unchanged line, eventually ending mixed.The Dow rose 26.76 points or 0.08 percent to finish at 32,223.42, while the NASDAQ plummeted 142.21 points or 1.20 percent to end at 11,662.79 and the S&P 500 sank 15.88 points or 0.39 percent to close at 4,008.01.Disappointing economic data from the U.S., Europe and China weighed on sentiment, prompting investors to largely stay cautious.A downward revision in EU growth forecast by the European Commission, as did data showing German wholesale price inflation hitting a record high.In U.S. economic news, the Federal Reserve Bank of New York said manufacturing activity unexpectedly contracted in May.Crude oil futures shrugged off early weakness and settled sharply higher on Monday, buoyed by rising gasoline prices after a drop in stockpiles. West Texas Intermediate Crude oil futures for June ended higher by $3.71 or 3.4 percent at $114.20 a barrel.Closer to home, Singapore will provide Aril data for non-oil domestic exports later today; in March, NODX fell 2.3 percent on month and climbed 7.7 percent on year, resulting in a trade surplus of SGD4.172 billion.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062616963,"gmtCreate":1652055657652,"gmtModify":1676535020066,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Hory sheet, stay vigilant!","listText":"Hory sheet, stay vigilant!","text":"Hory sheet, stay vigilant!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062616963","repostId":"1147526470","repostType":2,"repost":{"id":"1147526470","kind":"news","pubTimestamp":1652054686,"share":"https://ttm.financial/m/news/1147526470?lang=en_US&edition=fundamental","pubTime":"2022-05-09 08:04","market":"sg","language":"en","title":"Singapore Shares Expected To Open Under Pressure On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1147526470","media":"RTTNews","summary":"The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points o","content":"<html><head></head><body><p>The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and it&#39;s tipped to open in the red again on Monday.</p><p>The global forecast for the Asian markets is soft on concerns for the global economy and for the outlook for interest rates, with technology stocks particularly likely to slide. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.</p><p>The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.</p><p>For the day, the index retreated 51.68 points or 1.55 percent to finish at 3,291.89 after trading between 3,289.92 and 3,305.72. Volume was 1.60 billion shares worth 1.53 billion Singapore dollars. There were 348 decliners and 54 gainers.</p><p>Among the actives, Ascendas REIT eased 0.35 percent, while CapitaLand Integrated Commercial Trust plunged 3.03 percent, CapitaLand Investment fell 0.75 percent, City Developments and Keppel Corp both stumbled 1.59 percent, Dairy Farm International and Thai Beverage both tumbled 2.14 percent, DBS Group retreated 1.58 percent, Genting Singapore slumped 1.24 percent, Hongkong Land tanked 2.28 percent, Mapletree Commercial Trust was down 0.53 percent, Mapletree Industrial Trust lost 0.79 percent, Mapletree Logistics Trust declined 1.71 percent, Oversea-Chinese Banking Corporation plummeted 3.32 percent, SATS dropped 1.11 percent, SembCorp Industries dipped 0.67 percent, Singapore Exchange surrendered 1.94 percent, Singapore Technologies Engineering skidded 1.23 percent, SingTel slid 0.72 percent, United Overseas Bank sank 1.14 percent, Wilmar International shed 0.91 percent, Yangzijiang Financial jumped 2.13 percent and Yangzijiang Shipbuilding and Comfort DelGro were unchanged.</p><p>The lead from Wall Street ends up negative as the major averages spent most of Friday bouncing back and forth across the unchanged line before finally settling in the red.</p><p>The Dow dropped 98.63 points or 0.30 percent to finish at 32,899.37, while the NASDAQ tumbled 173.04 points or 1.40 percent to end at 12,144.66 and the S&amp;P 500 sank 23.53 points or 0.57 percent to close at 4,123.34. For the week, the NASDAQ slumped 1.5 percent and the Dow and the S&amp;P both eased 0.2 percent.</p><p>The lower close on Wall Street followed the closely watched Labor Department report showing stronger than expected job growth in April.</p><p>With the report showing continued strength in the labor market, economists predicted the Federal Reserve will now continue with its plans to raise interest rates sharply over the coming months.</p><p>Worries about the outlook for interest rates may have weighed on Wall Street along with a continued increase in treasury yields.</p><p>Crude oil prices closed higher on Friday, and posted a weekly gain as well, amid worries about supply following the European Union&#39;s decision proposing some of its toughest measures yet against Russia. West Texas Intermediate Crude oil futures for June ended higher by $1.51 or 1.4 percent at $109.77 a barrel. WTI crude futures gained nearly 5 percent in the week.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Expected To Open Under Pressure On Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Expected To Open Under Pressure On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-09 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and ...</p>\n\n<a href=\"https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147526470","content_text":"The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and it's tipped to open in the red again on Monday.The global forecast for the Asian markets is soft on concerns for the global economy and for the outlook for interest rates, with technology stocks particularly likely to slide. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.For the day, the index retreated 51.68 points or 1.55 percent to finish at 3,291.89 after trading between 3,289.92 and 3,305.72. Volume was 1.60 billion shares worth 1.53 billion Singapore dollars. There were 348 decliners and 54 gainers.Among the actives, Ascendas REIT eased 0.35 percent, while CapitaLand Integrated Commercial Trust plunged 3.03 percent, CapitaLand Investment fell 0.75 percent, City Developments and Keppel Corp both stumbled 1.59 percent, Dairy Farm International and Thai Beverage both tumbled 2.14 percent, DBS Group retreated 1.58 percent, Genting Singapore slumped 1.24 percent, Hongkong Land tanked 2.28 percent, Mapletree Commercial Trust was down 0.53 percent, Mapletree Industrial Trust lost 0.79 percent, Mapletree Logistics Trust declined 1.71 percent, Oversea-Chinese Banking Corporation plummeted 3.32 percent, SATS dropped 1.11 percent, SembCorp Industries dipped 0.67 percent, Singapore Exchange surrendered 1.94 percent, Singapore Technologies Engineering skidded 1.23 percent, SingTel slid 0.72 percent, United Overseas Bank sank 1.14 percent, Wilmar International shed 0.91 percent, Yangzijiang Financial jumped 2.13 percent and Yangzijiang Shipbuilding and Comfort DelGro were unchanged.The lead from Wall Street ends up negative as the major averages spent most of Friday bouncing back and forth across the unchanged line before finally settling in the red.The Dow dropped 98.63 points or 0.30 percent to finish at 32,899.37, while the NASDAQ tumbled 173.04 points or 1.40 percent to end at 12,144.66 and the S&P 500 sank 23.53 points or 0.57 percent to close at 4,123.34. For the week, the NASDAQ slumped 1.5 percent and the Dow and the S&P both eased 0.2 percent.The lower close on Wall Street followed the closely watched Labor Department report showing stronger than expected job growth in April.With the report showing continued strength in the labor market, economists predicted the Federal Reserve will now continue with its plans to raise interest rates sharply over the coming months.Worries about the outlook for interest rates may have weighed on Wall Street along with a continued increase in treasury yields.Crude oil prices closed higher on Friday, and posted a weekly gain as well, amid worries about supply following the European Union's decision proposing some of its toughest measures yet against Russia. West Texas Intermediate Crude oil futures for June ended higher by $1.51 or 1.4 percent at $109.77 a barrel. WTI crude futures gained nearly 5 percent in the week.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062618339,"gmtCreate":1652055612121,"gmtModify":1676535020041,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Hory sheet! Stay vigilant all!","listText":"Hory sheet! Stay vigilant all!","text":"Hory sheet! Stay vigilant all!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062618339","repostId":"1147526470","repostType":2,"repost":{"id":"1147526470","kind":"news","pubTimestamp":1652054686,"share":"https://ttm.financial/m/news/1147526470?lang=en_US&edition=fundamental","pubTime":"2022-05-09 08:04","market":"sg","language":"en","title":"Singapore Shares Expected To Open Under Pressure On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1147526470","media":"RTTNews","summary":"The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points o","content":"<html><head></head><body><p>The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and it&#39;s tipped to open in the red again on Monday.</p><p>The global forecast for the Asian markets is soft on concerns for the global economy and for the outlook for interest rates, with technology stocks particularly likely to slide. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.</p><p>The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.</p><p>For the day, the index retreated 51.68 points or 1.55 percent to finish at 3,291.89 after trading between 3,289.92 and 3,305.72. Volume was 1.60 billion shares worth 1.53 billion Singapore dollars. There were 348 decliners and 54 gainers.</p><p>Among the actives, Ascendas REIT eased 0.35 percent, while CapitaLand Integrated Commercial Trust plunged 3.03 percent, CapitaLand Investment fell 0.75 percent, City Developments and Keppel Corp both stumbled 1.59 percent, Dairy Farm International and Thai Beverage both tumbled 2.14 percent, DBS Group retreated 1.58 percent, Genting Singapore slumped 1.24 percent, Hongkong Land tanked 2.28 percent, Mapletree Commercial Trust was down 0.53 percent, Mapletree Industrial Trust lost 0.79 percent, Mapletree Logistics Trust declined 1.71 percent, Oversea-Chinese Banking Corporation plummeted 3.32 percent, SATS dropped 1.11 percent, SembCorp Industries dipped 0.67 percent, Singapore Exchange surrendered 1.94 percent, Singapore Technologies Engineering skidded 1.23 percent, SingTel slid 0.72 percent, United Overseas Bank sank 1.14 percent, Wilmar International shed 0.91 percent, Yangzijiang Financial jumped 2.13 percent and Yangzijiang Shipbuilding and Comfort DelGro were unchanged.</p><p>The lead from Wall Street ends up negative as the major averages spent most of Friday bouncing back and forth across the unchanged line before finally settling in the red.</p><p>The Dow dropped 98.63 points or 0.30 percent to finish at 32,899.37, while the NASDAQ tumbled 173.04 points or 1.40 percent to end at 12,144.66 and the S&amp;P 500 sank 23.53 points or 0.57 percent to close at 4,123.34. For the week, the NASDAQ slumped 1.5 percent and the Dow and the S&amp;P both eased 0.2 percent.</p><p>The lower close on Wall Street followed the closely watched Labor Department report showing stronger than expected job growth in April.</p><p>With the report showing continued strength in the labor market, economists predicted the Federal Reserve will now continue with its plans to raise interest rates sharply over the coming months.</p><p>Worries about the outlook for interest rates may have weighed on Wall Street along with a continued increase in treasury yields.</p><p>Crude oil prices closed higher on Friday, and posted a weekly gain as well, amid worries about supply following the European Union&#39;s decision proposing some of its toughest measures yet against Russia. West Texas Intermediate Crude oil futures for June ended higher by $1.51 or 1.4 percent at $109.77 a barrel. WTI crude futures gained nearly 5 percent in the week.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Expected To Open Under Pressure On Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Expected To Open Under Pressure On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-09 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and ...</p>\n\n<a href=\"https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147526470","content_text":"The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and it's tipped to open in the red again on Monday.The global forecast for the Asian markets is soft on concerns for the global economy and for the outlook for interest rates, with technology stocks particularly likely to slide. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.For the day, the index retreated 51.68 points or 1.55 percent to finish at 3,291.89 after trading between 3,289.92 and 3,305.72. Volume was 1.60 billion shares worth 1.53 billion Singapore dollars. There were 348 decliners and 54 gainers.Among the actives, Ascendas REIT eased 0.35 percent, while CapitaLand Integrated Commercial Trust plunged 3.03 percent, CapitaLand Investment fell 0.75 percent, City Developments and Keppel Corp both stumbled 1.59 percent, Dairy Farm International and Thai Beverage both tumbled 2.14 percent, DBS Group retreated 1.58 percent, Genting Singapore slumped 1.24 percent, Hongkong Land tanked 2.28 percent, Mapletree Commercial Trust was down 0.53 percent, Mapletree Industrial Trust lost 0.79 percent, Mapletree Logistics Trust declined 1.71 percent, Oversea-Chinese Banking Corporation plummeted 3.32 percent, SATS dropped 1.11 percent, SembCorp Industries dipped 0.67 percent, Singapore Exchange surrendered 1.94 percent, Singapore Technologies Engineering skidded 1.23 percent, SingTel slid 0.72 percent, United Overseas Bank sank 1.14 percent, Wilmar International shed 0.91 percent, Yangzijiang Financial jumped 2.13 percent and Yangzijiang Shipbuilding and Comfort DelGro were unchanged.The lead from Wall Street ends up negative as the major averages spent most of Friday bouncing back and forth across the unchanged line before finally settling in the red.The Dow dropped 98.63 points or 0.30 percent to finish at 32,899.37, while the NASDAQ tumbled 173.04 points or 1.40 percent to end at 12,144.66 and the S&P 500 sank 23.53 points or 0.57 percent to close at 4,123.34. For the week, the NASDAQ slumped 1.5 percent and the Dow and the S&P both eased 0.2 percent.The lower close on Wall Street followed the closely watched Labor Department report showing stronger than expected job growth in April.With the report showing continued strength in the labor market, economists predicted the Federal Reserve will now continue with its plans to raise interest rates sharply over the coming months.Worries about the outlook for interest rates may have weighed on Wall Street along with a continued increase in treasury yields.Crude oil prices closed higher on Friday, and posted a weekly gain as well, amid worries about supply following the European Union's decision proposing some of its toughest measures yet against Russia. West Texas Intermediate Crude oil futures for June ended higher by $1.51 or 1.4 percent at $109.77 a barrel. WTI crude futures gained nearly 5 percent in the week.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069895141,"gmtCreate":1651272853086,"gmtModify":1676534880177,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Not looking good at all, stay on the sidelines people!","listText":"Not looking good at all, stay on the sidelines people!","text":"Not looking good at all, stay on the sidelines people!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069895141","repostId":"2231269104","repostType":2,"repost":{"id":"2231269104","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1651272464,"share":"https://ttm.financial/m/news/2231269104?lang=en_US&edition=fundamental","pubTime":"2022-04-30 06:47","market":"us","language":"en","title":"US STOCKS-Wall Street Closes Sharply Lower on Amazon Slump, Inflation Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=2231269104","media":"Reuters","summary":"$Amazon(AMZN)$ tumbles after results and outlook fall shortApple slips after flagging supply problemsMonthly inflation surged by the most since 2005Indexes end: S&P 500 -3.63%, Nasdaq -4.17%, Dow -2.7","content":"<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> tumbles after results and outlook fall short</li><li>Apple slips after flagging supply problems</li><li>Monthly inflation surged by the most since 2005</li><li>Indexes end: S&amp;P 500 -3.63%, Nasdaq -4.17%, Dow -2.77%</li></ul><p>(Reuters) - Wall Street slid on Friday to its deepest daily losses since 2020, as <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> tumbled 14.05% in its steepest one-day drop since 2006, leaving the widely held stock near two-year lows. Late on Thursday, the e-commerce giant delivered a disappointing quarter and outlook, swamped by higher costs.</p><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, the world&#39;s most valuable company, dropped 3.66% after its disappointing outlook overshadowed record quarterly profit and sales.</p><p>All 11 S&amp;P 500 sector indexes fell, led lower by a 5.9% slide in Consumer Discretionary and a 4.9% drop in Real Estate.</p><p>The S&amp;P 500 logged it largest one-day decline since June 2020. The Nasdaq&#39;s decline was its largest since September 2020.</p><p>Downbeat results and worries about aggressive monetary policy tightening by the Federal Reserve have hammered megacap technology and growth stocks this month.</p><p>The Fed is set to meet next week, with traders betting on a 50-basis-point rate hike to combat surging inflation.</p><p>Ahead of the weekend and the Fed meeting next week, &#34;people are clearing the decks. The disappointing guidance from Apple and Amazon and a few other companies set the stage yesterday for today to be weak and it accelerated as we ended out the day,&#34; said Peter Tuz, President of Chase Investment Counsel in Charlottesville, Virginia.</p><p>The Nasdaq has lost about 13% in April, its worst monthly performance since the global financial crisis in 2008.</p><p>The S&amp;P 500 has fallen 13% so far in 2022, its steepest four-month decline to start any year since 1939.</p><p>Adding to fears on Wall Street, data showed the personal consumption expenditures price index - the Fed&#39;s favored measure of inflation - shot up 0.9% in March after climbing 0.5% in February.</p><p>Signs of aggressive monetary policy tightening. Data on Thursday showed the U.S. economy unexpectedly contracted in the first quarter.</p><p>The, S&amp;P 500 declined 3.63% to end the session at 4,131.93 points.</p><p>The Nasdaq declined 4.17% to 12,334.64 points, while Dow Jones Industrial Average declined 2.77% to 32,977.21 points.</p><p>For the week, the S&amp;P 500 lost 3.3%, the Nasdaq shed 3.9% and the Dow declined 2.5%.</p><p>The S&amp;P 500 has gained or lost 2% or more in a day some 33 times so far in 2022, compared to 24 such days in all of 2021.</p><p><a href=\"https://laohu8.com/S/XOM\">Exxon Mobil Corp</a> slipped 2.24% after it took a $3.4 billion writedown due to its exit from Russia. <a href=\"https://laohu8.com/S/CVX\">Chevron Corp</a> dropped 3.16% after its first-quarter profit underwhelmed.</p><p>The first-quarter earnings season overall has been better than expected so far. Nearly half of the S&amp;P 500 companies have reported through Thursday and 81% of them have topped Wall Street&#39;s expectations. Typically, only 66% beat estimates, according to Refinitiv data.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.91-to-1 ratio; on Nasdaq, a 2.85-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 47 new lows; the Nasdaq Composite recorded 13 new highs and 385 new lows.</p><p>Volume on U.S. exchanges was 12.4 billion shares, compared with an 11.8 billion average over the last 20 trading days.</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>US STOCKS-Wall Street Closes Sharply Lower on Amazon Slump, Inflation Worries</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\">\nUS STOCKS-Wall Street Closes Sharply Lower on Amazon Slump, Inflation Worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-04-30 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> tumbles after results and outlook fall short</li><li>Apple slips after flagging supply problems</li><li>Monthly inflation surged by the most since 2005</li><li>Indexes end: S&amp;P 500 -3.63%, Nasdaq -4.17%, Dow -2.77%</li></ul><p>(Reuters) - Wall Street slid on Friday to its deepest daily losses since 2020, as <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> tumbled 14.05% in its steepest one-day drop since 2006, leaving the widely held stock near two-year lows. Late on Thursday, the e-commerce giant delivered a disappointing quarter and outlook, swamped by higher costs.</p><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, the world&#39;s most valuable company, dropped 3.66% after its disappointing outlook overshadowed record quarterly profit and sales.</p><p>All 11 S&amp;P 500 sector indexes fell, led lower by a 5.9% slide in Consumer Discretionary and a 4.9% drop in Real Estate.</p><p>The S&amp;P 500 logged it largest one-day decline since June 2020. The Nasdaq&#39;s decline was its largest since September 2020.</p><p>Downbeat results and worries about aggressive monetary policy tightening by the Federal Reserve have hammered megacap technology and growth stocks this month.</p><p>The Fed is set to meet next week, with traders betting on a 50-basis-point rate hike to combat surging inflation.</p><p>Ahead of the weekend and the Fed meeting next week, &#34;people are clearing the decks. The disappointing guidance from Apple and Amazon and a few other companies set the stage yesterday for today to be weak and it accelerated as we ended out the day,&#34; said Peter Tuz, President of Chase Investment Counsel in Charlottesville, Virginia.</p><p>The Nasdaq has lost about 13% in April, its worst monthly performance since the global financial crisis in 2008.</p><p>The S&amp;P 500 has fallen 13% so far in 2022, its steepest four-month decline to start any year since 1939.</p><p>Adding to fears on Wall Street, data showed the personal consumption expenditures price index - the Fed&#39;s favored measure of inflation - shot up 0.9% in March after climbing 0.5% in February.</p><p>Signs of aggressive monetary policy tightening. Data on Thursday showed the U.S. economy unexpectedly contracted in the first quarter.</p><p>The, S&amp;P 500 declined 3.63% to end the session at 4,131.93 points.</p><p>The Nasdaq declined 4.17% to 12,334.64 points, while Dow Jones Industrial Average declined 2.77% to 32,977.21 points.</p><p>For the week, the S&amp;P 500 lost 3.3%, the Nasdaq shed 3.9% and the Dow declined 2.5%.</p><p>The S&amp;P 500 has gained or lost 2% or more in a day some 33 times so far in 2022, compared to 24 such days in all of 2021.</p><p><a href=\"https://laohu8.com/S/XOM\">Exxon Mobil Corp</a> slipped 2.24% after it took a $3.4 billion writedown due to its exit from Russia. <a href=\"https://laohu8.com/S/CVX\">Chevron Corp</a> dropped 3.16% after its first-quarter profit underwhelmed.</p><p>The first-quarter earnings season overall has been better than expected so far. Nearly half of the S&amp;P 500 companies have reported through Thursday and 81% of them have topped Wall Street&#39;s expectations. Typically, only 66% beat estimates, according to Refinitiv data.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.91-to-1 ratio; on Nasdaq, a 2.85-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 47 new lows; the Nasdaq Composite recorded 13 new highs and 385 new lows.</p><p>Volume on U.S. exchanges was 12.4 billion shares, compared with an 11.8 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4533":"AQR资本管理(全球第二大对冲基金)","XOM":"埃克森美孚","BK4566":"资本集团",".SPX":"S&P 500 Index","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓",".DJI":"道琼斯","AMZN":"亚马逊","BK4538":"云计算","BK4579":"人工智能","AAPL":"苹果","BK4550":"红杉资本持仓","BK4507":"流媒体概念","BK4548":"巴美列捷福持仓",".IXIC":"NASDAQ Composite","BK4551":"寇图资本持仓","CVX":"雪佛龙","BK4561":"索罗斯持仓","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2231269104","content_text":"Amazon tumbles after results and outlook fall shortApple slips after flagging supply problemsMonthly inflation surged by the most since 2005Indexes end: S&P 500 -3.63%, Nasdaq -4.17%, Dow -2.77%(Reuters) - Wall Street slid on Friday to its deepest daily losses since 2020, as Amazon slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates.Amazon.com Inc tumbled 14.05% in its steepest one-day drop since 2006, leaving the widely held stock near two-year lows. Late on Thursday, the e-commerce giant delivered a disappointing quarter and outlook, swamped by higher costs.Apple Inc, the world's most valuable company, dropped 3.66% after its disappointing outlook overshadowed record quarterly profit and sales.All 11 S&P 500 sector indexes fell, led lower by a 5.9% slide in Consumer Discretionary and a 4.9% drop in Real Estate.The S&P 500 logged it largest one-day decline since June 2020. The Nasdaq's decline was its largest since September 2020.Downbeat results and worries about aggressive monetary policy tightening by the Federal Reserve have hammered megacap technology and growth stocks this month.The Fed is set to meet next week, with traders betting on a 50-basis-point rate hike to combat surging inflation.Ahead of the weekend and the Fed meeting next week, \"people are clearing the decks. The disappointing guidance from Apple and Amazon and a few other companies set the stage yesterday for today to be weak and it accelerated as we ended out the day,\" said Peter Tuz, President of Chase Investment Counsel in Charlottesville, Virginia.The Nasdaq has lost about 13% in April, its worst monthly performance since the global financial crisis in 2008.The S&P 500 has fallen 13% so far in 2022, its steepest four-month decline to start any year since 1939.Adding to fears on Wall Street, data showed the personal consumption expenditures price index - the Fed's favored measure of inflation - shot up 0.9% in March after climbing 0.5% in February.Signs of aggressive monetary policy tightening. Data on Thursday showed the U.S. economy unexpectedly contracted in the first quarter.The, S&P 500 declined 3.63% to end the session at 4,131.93 points.The Nasdaq declined 4.17% to 12,334.64 points, while Dow Jones Industrial Average declined 2.77% to 32,977.21 points.For the week, the S&P 500 lost 3.3%, the Nasdaq shed 3.9% and the Dow declined 2.5%.The S&P 500 has gained or lost 2% or more in a day some 33 times so far in 2022, compared to 24 such days in all of 2021.Exxon Mobil Corp slipped 2.24% after it took a $3.4 billion writedown due to its exit from Russia. Chevron Corp dropped 3.16% after its first-quarter profit underwhelmed.The first-quarter earnings season overall has been better than expected so far. Nearly half of the S&P 500 companies have reported through Thursday and 81% of them have topped Wall Street's expectations. Typically, only 66% beat estimates, according to Refinitiv data.Declining issues outnumbered advancing ones on the NYSE by a 3.91-to-1 ratio; on Nasdaq, a 2.85-to-1 ratio favored decliners.The S&P 500 posted 2 new 52-week highs and 47 new lows; the Nasdaq Composite recorded 13 new highs and 385 new lows.Volume on U.S. exchanges was 12.4 billion shares, compared with an 11.8 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{"AMZN":1,"CVX":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9,"AAPL":0.9,"XOM":0.9}},"isVote":1,"tweetType":1,"viewCount":2738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088649055,"gmtCreate":1650341354768,"gmtModify":1676534701153,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"If that is the case, how does Palantir fit&nbsp;in to the narrative?","listText":"If that is the case, how does Palantir fit&nbsp;in to the narrative?","text":"If that is the case, how does Palantir fit in to the narrative?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088649055","repostId":"1188142016","repostType":2,"repost":{"id":"1188142016","kind":"news","pubTimestamp":1650337904,"share":"https://ttm.financial/m/news/1188142016?lang=en_US&edition=fundamental","pubTime":"2022-04-19 11:11","market":"us","language":"en","title":"CrowdStrike Is ‘Largest Beneficiary of Increased Attack Environment.’ It’s Still a Buy, Analyst Says.","url":"https://stock-news.laohu8.com/highlight/detail?id=1188142016","media":"Barrons","summary":"CrowdStrike stock was dropping on Monday, even after Jefferies renewed its endorsement of the cybers","content":"<html><head></head><body><p>CrowdStrike stock was dropping on Monday, even after Jefferies renewed its endorsement of the cybersecurity software platform, citing optimism over increased demand.</p><p>Analyst Joseph Gallo assumed coverage of CrowdStrike (ticker: CRWD) at a Buy and $275 price target. The stock was previously covered by analyst Brent Thill, who also rated it a Buy.</p><p>Gallo’s initial take on the stock was bullish, with the analyst saying he saw it as a “category winner” with high enterprise renewal rates, impressive gross margin, and an addressable market that could “sustain hyper growth for years.”</p><p>Cybersecurity has been gaining traction as more companies continue to operate in a hybrid environment and security breaches become more sophisticated, he said. Security budgets are likely to keep growing as a percentage of spending in IT, Gallo added.</p><p>“CRWD is the largest beneficiary of an increased attack environment with a shortage of security personnel reducing the risk of a future material [revenue] deceleration,” he wrote in a research note on Monday.</p><p>Yet despite Gallo’s optimism, CrowdStrike fell 4.4% to $224.99 on Monday. The stock has gained 9.9% this year, as analyst sentiment continues to improve.</p><p>Goldman Sachs analyst Brian Essex upgraded the stock to Buy from Hold last week and raised his price target to $285 from $270. Essex believes CrowdStrike could benefit from an increased corporate focus on security as a result of Ukraine war.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CrowdStrike Is ‘Largest Beneficiary of Increased Attack Environment.’ It’s Still a Buy, Analyst Says.</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\">\nCrowdStrike Is ‘Largest Beneficiary of Increased Attack Environment.’ It’s Still a Buy, Analyst Says.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-19 11:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/crowdstrike-crwd-stock-cybersecurity-buy-rating-51650299875?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CrowdStrike stock was dropping on Monday, even after Jefferies renewed its endorsement of the cybersecurity software platform, citing optimism over increased demand.Analyst Joseph Gallo assumed ...</p>\n\n<a href=\"https://www.barrons.com/articles/crowdstrike-crwd-stock-cybersecurity-buy-rating-51650299875?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc."},"source_url":"https://www.barrons.com/articles/crowdstrike-crwd-stock-cybersecurity-buy-rating-51650299875?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188142016","content_text":"CrowdStrike stock was dropping on Monday, even after Jefferies renewed its endorsement of the cybersecurity software platform, citing optimism over increased demand.Analyst Joseph Gallo assumed coverage of CrowdStrike (ticker: CRWD) at a Buy and $275 price target. The stock was previously covered by analyst Brent Thill, who also rated it a Buy.Gallo’s initial take on the stock was bullish, with the analyst saying he saw it as a “category winner” with high enterprise renewal rates, impressive gross margin, and an addressable market that could “sustain hyper growth for years.”Cybersecurity has been gaining traction as more companies continue to operate in a hybrid environment and security breaches become more sophisticated, he said. Security budgets are likely to keep growing as a percentage of spending in IT, Gallo added.“CRWD is the largest beneficiary of an increased attack environment with a shortage of security personnel reducing the risk of a future material [revenue] deceleration,” he wrote in a research note on Monday.Yet despite Gallo’s optimism, CrowdStrike fell 4.4% to $224.99 on Monday. The stock has gained 9.9% this year, as analyst sentiment continues to improve.Goldman Sachs analyst Brian Essex upgraded the stock to Buy from Hold last week and raised his price target to $285 from $270. Essex believes CrowdStrike could benefit from an increased corporate focus on security as a result of Ukraine war.","news_type":1,"symbols_score_info":{"CRWD":0.9}},"isVote":1,"tweetType":1,"viewCount":2665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080742293,"gmtCreate":1649924074657,"gmtModify":1676534608226,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Volatile","listText":"Volatile","text":"Volatile","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080742293","repostId":"1104735562","repostType":2,"repost":{"id":"1104735562","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1649923401,"share":"https://ttm.financial/m/news/1104735562?lang=en_US&edition=fundamental","pubTime":"2022-04-14 16:03","market":"us","language":"en","title":"Alibaba Stock Fell 2.56% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1104735562","media":"Tiger Newspress","summary":"$Alibaba(BABA)$ Stock Fell 2.56% in Premarket Trading.","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Stock Fell 2.56% in Premarket Trading.</p><p><img src=\"https://static.tigerbbs.com/4bd1b80a43e7a288e5d18156315335f4\" tg-width=\"827\" tg-height=\"671\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Fell 2.56% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Fell 2.56% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-14 16:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Stock Fell 2.56% in Premarket Trading.</p><p><img src=\"https://static.tigerbbs.com/4bd1b80a43e7a288e5d18156315335f4\" tg-width=\"827\" tg-height=\"671\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104735562","content_text":"Alibaba Stock Fell 2.56% in Premarket Trading.","news_type":1,"symbols_score_info":{"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":2398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034432422,"gmtCreate":1647939324177,"gmtModify":1676534282532,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Giga huat!","listText":"Giga huat!","text":"Giga huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034432422","repostId":"1185703919","repostType":2,"repost":{"id":"1185703919","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1647938022,"share":"https://ttm.financial/m/news/1185703919?lang=en_US&edition=fundamental","pubTime":"2022-03-22 16:33","market":"us","language":"en","title":"Tesla Rose Nearly 2% in Premarket Trading after Handing over First Model Ys in German Gigafactory","url":"https://stock-news.laohu8.com/highlight/detail?id=1185703919","media":"Tiger Newspress","summary":"Tesla rose nearly 2% in premarket trading after handing over first Model Ys in German Gigafactory.Te","content":"<html><head></head><body><p>Tesla rose nearly 2% in premarket trading after handing over first Model Ys in German Gigafactory.<img src=\"https://static.tigerbbs.com/4b4271d8fdfd38227e16a3a6ca64ac75\" tg-width=\"769\" tg-height=\"559\" width=\"100%\" height=\"auto\"/>Tesla will on Tuesday hand the first Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant to clients, launching its first European production hub with the biggest investment in a German car factory in recent history.</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>Tesla Rose Nearly 2% in Premarket Trading after Handing over First Model Ys in German Gigafactory</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Rose Nearly 2% in Premarket Trading after Handing over First Model Ys in German Gigafactory\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-22 16:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla rose nearly 2% in premarket trading after handing over first Model Ys in German Gigafactory.<img src=\"https://static.tigerbbs.com/4b4271d8fdfd38227e16a3a6ca64ac75\" tg-width=\"769\" tg-height=\"559\" width=\"100%\" height=\"auto\"/>Tesla will on Tuesday hand the first Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant to clients, launching its first European production hub with the biggest investment in a German car factory in recent history.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185703919","content_text":"Tesla rose nearly 2% in premarket trading after handing over first Model Ys in German Gigafactory.Tesla will on Tuesday hand the first Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant to clients, launching its first European production hub with the biggest investment in a German car factory in recent history.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094580160,"gmtCreate":1645181755857,"gmtModify":1676534006451,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Good effort in trying to balance the economy. Somehow this makes me think of USA FEF rate hikes hahaha","listText":"Good effort in trying to balance the economy. Somehow this makes me think of USA FEF rate hikes hahaha","text":"Good effort in trying to balance the economy. Somehow this makes me think of USA FEF rate hikes hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094580160","repostId":"1192590984","repostType":4,"repost":{"id":"1192590984","kind":"news","pubTimestamp":1645178491,"share":"https://ttm.financial/m/news/1192590984?lang=en_US&edition=fundamental","pubTime":"2022-02-18 18:01","market":"sg","language":"en","title":"Singapore Budget 2022 Key Announcements and Highlights","url":"https://stock-news.laohu8.com/highlight/detail?id=1192590984","media":"TodayOnline","summary":"SINGAPORE — The 2022 Budget statement was delivered by Finance Minister Lawrence Wong in Parliament ","content":"<html><head></head><body><p>SINGAPORE — The 2022 Budget statement was delivered by Finance Minister Lawrence Wong in Parliament on Feb 18 at 3.30pm.</p><p>Here are the key announcements and highlights from Mr Wong&#39;s maiden Budget speech.</p><h3>S$3 billion overall deficit expected; Govt to draw S$6 billion from reserves to tackle Covid-19</h3><p>The Government expects a deficit of S$3 billion for Budget 2022, equivalent to about 0.5 per cent of Singapore&#39;s annual economic output.</p><p>The Government is also seeking to drawdown S$6 billion from past reserves to fund upcoming Covid-19 health measures, which would take the total drawdown to S$42.9 billion over the course of the pandemic so far. This figure is less than the S$52 billion drawdown President Halimah Yacob agreed to for FY2020.</p><h3>Assurance Package to offset GST hike increased to S$6.6 billion, with cash payouts for all S&#39;porean adults</h3><p>All adult Singaporeans can expect cash payouts of up to S$1,600 over the next five years. Lower income elderlies are also eligible for additional payments totalling up to S$900.</p><p>These are part of a S$640 million enhancement to the Assurance Package launched to cushion the hike in GST. The package includes more U-Save rebates, MediSave top-ups, CDC Vouchers and community grants.</p><h3>GST increase to be staggered over 2 years, starting from Jan 2023</h3><p>GST will be increased progressively, rising to 8 per cent with effect from Jan 1, 2023, and going up again to 9 per cent in 2024, Finance Minister Lawrence Wong announced.</p><p>Mr Wong said that the decision to stagger the increase was made in view of the prevailing overall situation, such as the ongoing Covid-19 pandemic and inflation outlook, while balancing them with pressing revenue needs.</p><h3>High earners to contribute more as taxes on personal income, property and luxury cars go up</h3><p>Finance Minister Lawrence Wong said there is room for those who earn more to contribute more. Wealth taxes, he said, help to recirculate a portion of the wealth stock into the economy.</p><p>Changes to the property tax will not affect 93 per cent of owner-occupied property, including all HDB flats.</p><h3>Younger workers eligible for Workfare, higher CPF basic retirement sum among moves to strengthen social compact</h3><p>The Workfare Income Supplement scheme will be extended to younger workers, aged 30 to 34. The qualifying income for the Workfare Income Supplement scheme will also be raised from S$2,300 to S$2,500.</p><p>Schemes to help children from lower-income families like KickSTART and UPLIFT will also be expanded nationwide to benefit more families.</p><h3>Carbon tax to go up 5 times to S$25 per tonne in 2024, as Govt aims for net-zero emissions by mid-century</h3><p>This will lead to an increase of about S$4 per month in utility bills for an average household living in a four-room HDB flat, though additional rebates in the form of GST Vouchers will be provided to cushion the impact, Finance Minister Lawrence Wong said.</p><h3>Investments in digital capabilities, people development including 6G tech and helping mid-career workers</h3><p>Finance Minister Lawrence Wong said Singapore needs to stay ahead in the race by investing in various capabilities. These include the digital realm, innovation and the nation&#39;s people, he added.</p><p>As a first priority, the Government will spend S$200 million in the years ahead to build digital capabilities in business and workers. Other objectives include improving infrastructure, making innovation pervasive and strengthening local enterprises.</p><h3>Govt to strengthen &#39;collective risk sharing&#39; and social compact, with the better-off contributing more</h3><p>Finance Minister Lawrence Wong described a social compact for Singapore in which every Singaporean has a stake in society, and that “everyone’s contributions matter”.</p><p>Singapore will not follow the approach of welfare states in Europe, said Mr Wong, but the Government will need to invest more in people and social infrastructure in the coming decade.</p><h3>S$560m immediate support for households via CDC vouchers, utilities rebates and education top-ups</h3><p>Finance Minister Lawrence Wong said that the Government is closely monitoring the risk of rising inflation and cost of living, and he recognises the immediate concerns of businesses and households.</p><p>&#34;(We) will provide significant additional support in this Budget to help them tide over the current period of higher prices,&#34; he added.</p><h3>S$500m immediate relief for businesses, including one-off cash payout for SMEs worst hit by Covid-19 curbs</h3><p>A S$500 million Jobs and Business Support Package, which will provide targeted help for workers and firms hit hard by Covid-19 restrictions, will be rolled out this year. The package will include a new small business grant with eligible companies receiving S$1,000 per local worker, up to S$10,000.</p><p>The Jobs Growth Incentive scheme will also be extended for six months but only for companies that hire mature workers, ex-offenders or persons with disabilities.</p></body></html>","source":"lsy1645178520369","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Budget 2022 Key Announcements and Highlights</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Budget 2022 Key Announcements and Highlights\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-18 18:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.todayonline.com/singapore/live-singapore-budget-2022-1817106><strong>TodayOnline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE — The 2022 Budget statement was delivered by Finance Minister Lawrence Wong in Parliament on Feb 18 at 3.30pm.Here are the key announcements and highlights from Mr Wong's maiden Budget ...</p>\n\n<a href=\"https://www.todayonline.com/singapore/live-singapore-budget-2022-1817106\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.todayonline.com/singapore/live-singapore-budget-2022-1817106","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192590984","content_text":"SINGAPORE — The 2022 Budget statement was delivered by Finance Minister Lawrence Wong in Parliament on Feb 18 at 3.30pm.Here are the key announcements and highlights from Mr Wong's maiden Budget speech.S$3 billion overall deficit expected; Govt to draw S$6 billion from reserves to tackle Covid-19The Government expects a deficit of S$3 billion for Budget 2022, equivalent to about 0.5 per cent of Singapore's annual economic output.The Government is also seeking to drawdown S$6 billion from past reserves to fund upcoming Covid-19 health measures, which would take the total drawdown to S$42.9 billion over the course of the pandemic so far. This figure is less than the S$52 billion drawdown President Halimah Yacob agreed to for FY2020.Assurance Package to offset GST hike increased to S$6.6 billion, with cash payouts for all S'porean adultsAll adult Singaporeans can expect cash payouts of up to S$1,600 over the next five years. Lower income elderlies are also eligible for additional payments totalling up to S$900.These are part of a S$640 million enhancement to the Assurance Package launched to cushion the hike in GST. The package includes more U-Save rebates, MediSave top-ups, CDC Vouchers and community grants.GST increase to be staggered over 2 years, starting from Jan 2023GST will be increased progressively, rising to 8 per cent with effect from Jan 1, 2023, and going up again to 9 per cent in 2024, Finance Minister Lawrence Wong announced.Mr Wong said that the decision to stagger the increase was made in view of the prevailing overall situation, such as the ongoing Covid-19 pandemic and inflation outlook, while balancing them with pressing revenue needs.High earners to contribute more as taxes on personal income, property and luxury cars go upFinance Minister Lawrence Wong said there is room for those who earn more to contribute more. Wealth taxes, he said, help to recirculate a portion of the wealth stock into the economy.Changes to the property tax will not affect 93 per cent of owner-occupied property, including all HDB flats.Younger workers eligible for Workfare, higher CPF basic retirement sum among moves to strengthen social compactThe Workfare Income Supplement scheme will be extended to younger workers, aged 30 to 34. The qualifying income for the Workfare Income Supplement scheme will also be raised from S$2,300 to S$2,500.Schemes to help children from lower-income families like KickSTART and UPLIFT will also be expanded nationwide to benefit more families.Carbon tax to go up 5 times to S$25 per tonne in 2024, as Govt aims for net-zero emissions by mid-centuryThis will lead to an increase of about S$4 per month in utility bills for an average household living in a four-room HDB flat, though additional rebates in the form of GST Vouchers will be provided to cushion the impact, Finance Minister Lawrence Wong said.Investments in digital capabilities, people development including 6G tech and helping mid-career workersFinance Minister Lawrence Wong said Singapore needs to stay ahead in the race by investing in various capabilities. These include the digital realm, innovation and the nation's people, he added.As a first priority, the Government will spend S$200 million in the years ahead to build digital capabilities in business and workers. Other objectives include improving infrastructure, making innovation pervasive and strengthening local enterprises.Govt to strengthen 'collective risk sharing' and social compact, with the better-off contributing moreFinance Minister Lawrence Wong described a social compact for Singapore in which every Singaporean has a stake in society, and that “everyone’s contributions matter”.Singapore will not follow the approach of welfare states in Europe, said Mr Wong, but the Government will need to invest more in people and social infrastructure in the coming decade.S$560m immediate support for households via CDC vouchers, utilities rebates and education top-upsFinance Minister Lawrence Wong said that the Government is closely monitoring the risk of rising inflation and cost of living, and he recognises the immediate concerns of businesses and households.\"(We) will provide significant additional support in this Budget to help them tide over the current period of higher prices,\" he added.S$500m immediate relief for businesses, including one-off cash payout for SMEs worst hit by Covid-19 curbsA S$500 million Jobs and Business Support Package, which will provide targeted help for workers and firms hit hard by Covid-19 restrictions, will be rolled out this year. The package will include a new small business grant with eligible companies receiving S$1,000 per local worker, up to S$10,000.The Jobs Growth Incentive scheme will also be extended for six months but only for companies that hire mature workers, ex-offenders or persons with disabilities.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1002,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096385604,"gmtCreate":1644305630282,"gmtModify":1676533910795,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"So this kind of news is typically good or bad for the stock? Uncertainty over VS no need to fish out money (affecting financials)?","listText":"So this kind of news is typically good or bad for the stock? Uncertainty over VS no need to fish out money (affecting financials)?","text":"So this kind of news is typically good or bad for the stock? Uncertainty over VS no need to fish out money (affecting financials)?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096385604","repostId":"1117021583","repostType":2,"repost":{"id":"1117021583","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1644301816,"share":"https://ttm.financial/m/news/1117021583?lang=en_US&edition=fundamental","pubTime":"2022-02-08 14:30","market":"us","language":"en","title":"NVIDIA and SoftBank Group Announce Termination of NVIDIA’s Acquisition of Arm Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=1117021583","media":"Tiger Newspress","summary":"NVIDIA and SoftBank Group Corp. (“SBG” or “SoftBank”) today announced the termination of the previou","content":"<html><head></head><body><p>NVIDIA and SoftBank Group Corp. (“SBG” or “SoftBank”) today announced the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited (“Arm”) from SBG. The parties agreed to terminate the Agreement because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties. Arm will now start preparations for a public offering.</p><p>“Arm has a bright future, and we’ll continue to support them as a proud licensee for decades to come,” said Jensen Huang, founder and chief executive officer of NVIDIA. “Arm is at the center of the important dynamics in computing. Though we won’t be one company, we will partner closely with Arm. The significant investments that Masa has made have positioned Arm to expand the reach of the Arm CPU beyond client computing to supercomputing, cloud, AI and robotics. I expect Arm to be the most important CPU architecture of the next decade.”</p><p>SBG today also announced that, in coordination with Arm, it will start preparations for a public offering of Arm within the fiscal year ending March 31, 2023. SBG believes Arm’s technology and intellectual property will continue to be at the center of mobile computing and the development of artificial intelligence.</p><p>“Arm is becoming a center of innovation not only in the mobile phone revolution, but also in cloud computing, automotive, the Internet of Things and the metaverse, and has entered its second growth phase,” said Masayoshi Son, Representative Director, Corporate Officer, Chairman &amp; Chief Executive Officer of SoftBank Group Corp. “We will take this opportunity and start preparing to take Arm public, and to make even further progress.”</p><p>Mr. Son continued, “I want to thank Jensen and his talented team at NVIDIA for trying to bring together these two great companies and wish them all the success.”</p><p>NVIDIA and SBG had announced that they had entered into a definitive agreement, under which NVIDIA would acquire Arm from SoftBank, on September 13, 2020. In accordance with the terms of the agreement, SBG* will retain the $1.25 billion prepaid by NVIDIA, which will be recorded as profit in the fourth quarter, and NVIDIA will retain its 20-year Arm license.</p><p>* 24.99% of Arm shares are attributable to SoftBank Vision Fund 1.</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>NVIDIA and SoftBank Group Announce Termination of NVIDIA’s Acquisition of Arm Limited</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\">\nNVIDIA and SoftBank Group Announce Termination of NVIDIA’s Acquisition of Arm Limited\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-08 14:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>NVIDIA and SoftBank Group Corp. (“SBG” or “SoftBank”) today announced the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited (“Arm”) from SBG. The parties agreed to terminate the Agreement because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties. Arm will now start preparations for a public offering.</p><p>“Arm has a bright future, and we’ll continue to support them as a proud licensee for decades to come,” said Jensen Huang, founder and chief executive officer of NVIDIA. “Arm is at the center of the important dynamics in computing. Though we won’t be one company, we will partner closely with Arm. The significant investments that Masa has made have positioned Arm to expand the reach of the Arm CPU beyond client computing to supercomputing, cloud, AI and robotics. I expect Arm to be the most important CPU architecture of the next decade.”</p><p>SBG today also announced that, in coordination with Arm, it will start preparations for a public offering of Arm within the fiscal year ending March 31, 2023. SBG believes Arm’s technology and intellectual property will continue to be at the center of mobile computing and the development of artificial intelligence.</p><p>“Arm is becoming a center of innovation not only in the mobile phone revolution, but also in cloud computing, automotive, the Internet of Things and the metaverse, and has entered its second growth phase,” said Masayoshi Son, Representative Director, Corporate Officer, Chairman &amp; Chief Executive Officer of SoftBank Group Corp. “We will take this opportunity and start preparing to take Arm public, and to make even further progress.”</p><p>Mr. Son continued, “I want to thank Jensen and his talented team at NVIDIA for trying to bring together these two great companies and wish them all the success.”</p><p>NVIDIA and SBG had announced that they had entered into a definitive agreement, under which NVIDIA would acquire Arm from SoftBank, on September 13, 2020. In accordance with the terms of the agreement, SBG* will retain the $1.25 billion prepaid by NVIDIA, which will be recorded as profit in the fourth quarter, and NVIDIA will retain its 20-year Arm license.</p><p>* 24.99% of Arm shares are attributable to SoftBank Vision Fund 1.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SFTBY":"软银集团","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117021583","content_text":"NVIDIA and SoftBank Group Corp. (“SBG” or “SoftBank”) today announced the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited (“Arm”) from SBG. The parties agreed to terminate the Agreement because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties. Arm will now start preparations for a public offering.“Arm has a bright future, and we’ll continue to support them as a proud licensee for decades to come,” said Jensen Huang, founder and chief executive officer of NVIDIA. “Arm is at the center of the important dynamics in computing. Though we won’t be one company, we will partner closely with Arm. The significant investments that Masa has made have positioned Arm to expand the reach of the Arm CPU beyond client computing to supercomputing, cloud, AI and robotics. I expect Arm to be the most important CPU architecture of the next decade.”SBG today also announced that, in coordination with Arm, it will start preparations for a public offering of Arm within the fiscal year ending March 31, 2023. SBG believes Arm’s technology and intellectual property will continue to be at the center of mobile computing and the development of artificial intelligence.“Arm is becoming a center of innovation not only in the mobile phone revolution, but also in cloud computing, automotive, the Internet of Things and the metaverse, and has entered its second growth phase,” said Masayoshi Son, Representative Director, Corporate Officer, Chairman & Chief Executive Officer of SoftBank Group Corp. “We will take this opportunity and start preparing to take Arm public, and to make even further progress.”Mr. Son continued, “I want to thank Jensen and his talented team at NVIDIA for trying to bring together these two great companies and wish them all the success.”NVIDIA and SBG had announced that they had entered into a definitive agreement, under which NVIDIA would acquire Arm from SoftBank, on September 13, 2020. In accordance with the terms of the agreement, SBG* will retain the $1.25 billion prepaid by NVIDIA, which will be recorded as profit in the fourth quarter, and NVIDIA will retain its 20-year Arm license.* 24.99% of Arm shares are attributable to SoftBank Vision Fund 1.","news_type":1,"symbols_score_info":{"SFTBY":0.9,"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":881,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863489326,"gmtCreate":1632411926865,"gmtModify":1676530777398,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Wow, what's happening with this?&nbsp;","listText":"Wow, what's happening with this?&nbsp;","text":"Wow, what's happening with this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/863489326","repostId":"1181941187","repostType":4,"repost":{"id":"1181941187","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632410993,"share":"https://ttm.financial/m/news/1181941187?lang=en_US&edition=fundamental","pubTime":"2021-09-23 23:29","market":"us","language":"en","title":"Remitly Global opens for trading at $53, up about 23% from IPO price","url":"https://stock-news.laohu8.com/highlight/detail?id=1181941187","media":"Tiger Newspress","summary":"(Sept 23) Remitly Global, Inc. opens for trading at $53, up about 23% from IPO price.\nCompany & Tech","content":"<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/RELY\">Remitly Global, Inc.</a> opens for trading at $53, up about 23% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/0e4f9fae02046c2dec20410744605a2c\" tg-width=\"903\" tg-height=\"560\" referrerpolicy=\"no-referrer\">Company &amp; Technology</p>\n<p>Seattle, Washington-based Remitly was founded to develop a platform to enable people to send cross-border remittances more easily and at a lower cost than traditional banking service providers.</p>\n<p>Management is headed by co-founder, president and CEO Matthew Oppenheimer, who has been with the firm since inception and was previously employed by Barclays PLC(NYSE:BCS), a multinational bank.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>Mobile app</li>\n <li>Website</li>\n <li>Passbook KYC and identity verification</li>\n</ul>\n<p>RELY's coverage map of send and receive countries is shown below:</p>\n<p><img src=\"https://static.tigerbbs.com/b7da41517703af76d2ad5767a6f62c3e\" tg-width=\"1280\" tg-height=\"610\" referrerpolicy=\"no-referrer\">Remitly has received at least $390 million in equity investment from investors including PayU Fintech Investments, Strips, Threshold Ventures, Generation IM Sustainable Solutions, and Trilogy Equity Partners.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The firm focuses its development efforts on the over 280 million immigrants and their families who seek to send and receive money worldwide.</p>\n<p>85% of the user base interacts primarily through its mobile application.</p>\n<p>Marketing expenses as a percentage of total revenue have dropped markedly as revenues have increased, as the figures below indicate:</p>\n<p><img src=\"https://static.tigerbbs.com/02aab34075357a711003ef9c015d8c91\" tg-width=\"613\" tg-height=\"303\" referrerpolicy=\"no-referrer\">The Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Marketing spend, rose slightly to 1.9x in the most recent reporting period, as shown in the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/578ef0f05e558e837af9959d96e698ae\" tg-width=\"609\" tg-height=\"241\" referrerpolicy=\"no-referrer\">Market &amp; Competition</p>\n<p>According to a 2020 marketresearch reportby Allied Market Research, the global remittance market was an estimated $683 billion in 2018 and is forecast to reach $930 billion by 2026.</p>\n<p>This represents a forecast CAGR of 3.9% from 2019 to 2026.</p>\n<p>The main drivers for this expected growth are an increase in population migration and growth in business remittances and more businesses producing goods and services for export.</p>\n<p>Also, the chart below indicates that the bank segment will continue to dominate the global remittance market, at least through 2026:</p>\n<p><img src=\"https://static.tigerbbs.com/ac62350b35b880b02943827b083ac10f\" tg-width=\"1280\" tg-height=\"778\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants by type include:</p>\n<ul>\n <li>Traditional providers and banks</li>\n <li>Digital-first cross-border providers</li>\n <li>Cryptocurrency systems</li>\n <li>Person-to-person informal channels</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Remitly’s recent financial results can be summarized as follows:</p>\n<ul>\n <li>Sharply growing top line revenue</li>\n <li>Increasing gross profit</li>\n <li>Variable gross margin within a tight range</li>\n <li>Reduced operating losses and negative operating margin</li>\n <li>A sharp swing to positive cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p><img src=\"https://static.tigerbbs.com/aa0ce70faef1b56c76c0740d90699667\" tg-width=\"609\" tg-height=\"618\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/fbe99db82b3de0dae05dd04c280ae89b\" tg-width=\"612\" tg-height=\"626\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5afee2a5147ec95f52a2d9c6c70566c0\" tg-width=\"614\" tg-height=\"615\" referrerpolicy=\"no-referrer\">As of June 30, 2021, Remitly had $173 million in cash and $134 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($10.6 million).</p>\n<p><b>IPO Details</b></p>\n<p>RELY intends to sell 12.2 million shares of common stock at a proposed midpoint price of $40.00 per share for gross proceeds of approximately $487 million, not including the sale of customary underwriter options.</p>\n<p>Existing shareholder PayU Fintech has agreed to purchase shares of up to $25.0 million in a concurrent private placement at the IPO price.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $6.0 billion.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 7.53%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p>\n<blockquote>\n We currently intend to use the net proceeds we receive from this offering and the private placement for working capital and other general corporate purposes, which may include marketing, technology and product development, geographic or product expansions, general and administrative matters, and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions, or businesses that complement our business. However, we do not have agreements or commitments for any acquisitions or investments outside the ordinary course of business at this time.\n</blockquote>\n<blockquote>\n (Source)\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Regarding outstanding legal proceedings, management said the firm is not party to any legal or regulatory proceedings that would be material to its operations or financial condition.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, and other investment banks.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<p><img src=\"https://static.tigerbbs.com/2c705850107b99d30d618d9c817fe019\" tg-width=\"610\" tg-height=\"709\" referrerpolicy=\"no-referrer\">As a reference, a potential partial public comparable would be PayPal (PYPL); shown below is a comparison of their primary valuation metrics:</p>\n<p><img src=\"https://static.tigerbbs.com/04c287d0fe2fe1b0b983b6cb07ad4b59\" tg-width=\"611\" tg-height=\"359\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Commentary</b></p>\n<p>RELY is seeking to go public in the U.S. to provide capital for its corporate expansion plans.</p>\n<p>The firm’s financials show strong top line revenue growth, reduced operating losses, and lowered negative operating margin and growing cash flow from operations.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was negative ($10.6 million).</p>\n<p>Marketing expenses as a percentage of total revenue have dropped as revenue has increased and its Marketing efficiency rate grew to 1.9x in the most recent report period.</p>\n<p>The market opportunity for providing cross-border remittance services is very large and expected to grow as immigration continues to rise and businesses produce more goods for export.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is increased competition from cryptocurrency networks, although these networks have their own adoption hurdles and are still nascent.</p>\n<p>As for valuation, compared to PayPal, the firm’s revenue multiple expectation is higher, but RELY is also growing top line revenue at a much higher rate, although on a lower revenue base than PayPal.</p>\n<p>RELY is clearly a fast-growing company that is approaching operating breakeven. However, the firm faces competition from fast-growing cryptocurrency networks which are making inroads into the traditional payment rails by companies such as Remitly.</p>\n<p>I’m impressed by the firm’s growth but concerned as to whether that growth can continue at its present rate.</p>\n<p>RELY is probably a fine investment opportunity, but I'll watch the IPO from the sidelines.</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>Remitly Global opens for trading at $53, up about 23% from IPO price</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\">\nRemitly Global opens for trading at $53, up about 23% from IPO price\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-23 23:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/RELY\">Remitly Global, Inc.</a> opens for trading at $53, up about 23% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/0e4f9fae02046c2dec20410744605a2c\" tg-width=\"903\" tg-height=\"560\" referrerpolicy=\"no-referrer\">Company &amp; Technology</p>\n<p>Seattle, Washington-based Remitly was founded to develop a platform to enable people to send cross-border remittances more easily and at a lower cost than traditional banking service providers.</p>\n<p>Management is headed by co-founder, president and CEO Matthew Oppenheimer, who has been with the firm since inception and was previously employed by Barclays PLC(NYSE:BCS), a multinational bank.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>Mobile app</li>\n <li>Website</li>\n <li>Passbook KYC and identity verification</li>\n</ul>\n<p>RELY's coverage map of send and receive countries is shown below:</p>\n<p><img src=\"https://static.tigerbbs.com/b7da41517703af76d2ad5767a6f62c3e\" tg-width=\"1280\" tg-height=\"610\" referrerpolicy=\"no-referrer\">Remitly has received at least $390 million in equity investment from investors including PayU Fintech Investments, Strips, Threshold Ventures, Generation IM Sustainable Solutions, and Trilogy Equity Partners.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The firm focuses its development efforts on the over 280 million immigrants and their families who seek to send and receive money worldwide.</p>\n<p>85% of the user base interacts primarily through its mobile application.</p>\n<p>Marketing expenses as a percentage of total revenue have dropped markedly as revenues have increased, as the figures below indicate:</p>\n<p><img src=\"https://static.tigerbbs.com/02aab34075357a711003ef9c015d8c91\" tg-width=\"613\" tg-height=\"303\" referrerpolicy=\"no-referrer\">The Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Marketing spend, rose slightly to 1.9x in the most recent reporting period, as shown in the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/578ef0f05e558e837af9959d96e698ae\" tg-width=\"609\" tg-height=\"241\" referrerpolicy=\"no-referrer\">Market &amp; Competition</p>\n<p>According to a 2020 marketresearch reportby Allied Market Research, the global remittance market was an estimated $683 billion in 2018 and is forecast to reach $930 billion by 2026.</p>\n<p>This represents a forecast CAGR of 3.9% from 2019 to 2026.</p>\n<p>The main drivers for this expected growth are an increase in population migration and growth in business remittances and more businesses producing goods and services for export.</p>\n<p>Also, the chart below indicates that the bank segment will continue to dominate the global remittance market, at least through 2026:</p>\n<p><img src=\"https://static.tigerbbs.com/ac62350b35b880b02943827b083ac10f\" tg-width=\"1280\" tg-height=\"778\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants by type include:</p>\n<ul>\n <li>Traditional providers and banks</li>\n <li>Digital-first cross-border providers</li>\n <li>Cryptocurrency systems</li>\n <li>Person-to-person informal channels</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Remitly’s recent financial results can be summarized as follows:</p>\n<ul>\n <li>Sharply growing top line revenue</li>\n <li>Increasing gross profit</li>\n <li>Variable gross margin within a tight range</li>\n <li>Reduced operating losses and negative operating margin</li>\n <li>A sharp swing to positive cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p><img src=\"https://static.tigerbbs.com/aa0ce70faef1b56c76c0740d90699667\" tg-width=\"609\" tg-height=\"618\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/fbe99db82b3de0dae05dd04c280ae89b\" tg-width=\"612\" tg-height=\"626\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5afee2a5147ec95f52a2d9c6c70566c0\" tg-width=\"614\" tg-height=\"615\" referrerpolicy=\"no-referrer\">As of June 30, 2021, Remitly had $173 million in cash and $134 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($10.6 million).</p>\n<p><b>IPO Details</b></p>\n<p>RELY intends to sell 12.2 million shares of common stock at a proposed midpoint price of $40.00 per share for gross proceeds of approximately $487 million, not including the sale of customary underwriter options.</p>\n<p>Existing shareholder PayU Fintech has agreed to purchase shares of up to $25.0 million in a concurrent private placement at the IPO price.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $6.0 billion.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 7.53%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p>\n<blockquote>\n We currently intend to use the net proceeds we receive from this offering and the private placement for working capital and other general corporate purposes, which may include marketing, technology and product development, geographic or product expansions, general and administrative matters, and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions, or businesses that complement our business. However, we do not have agreements or commitments for any acquisitions or investments outside the ordinary course of business at this time.\n</blockquote>\n<blockquote>\n (Source)\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Regarding outstanding legal proceedings, management said the firm is not party to any legal or regulatory proceedings that would be material to its operations or financial condition.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, and other investment banks.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<p><img src=\"https://static.tigerbbs.com/2c705850107b99d30d618d9c817fe019\" tg-width=\"610\" tg-height=\"709\" referrerpolicy=\"no-referrer\">As a reference, a potential partial public comparable would be PayPal (PYPL); shown below is a comparison of their primary valuation metrics:</p>\n<p><img src=\"https://static.tigerbbs.com/04c287d0fe2fe1b0b983b6cb07ad4b59\" tg-width=\"611\" tg-height=\"359\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Commentary</b></p>\n<p>RELY is seeking to go public in the U.S. to provide capital for its corporate expansion plans.</p>\n<p>The firm’s financials show strong top line revenue growth, reduced operating losses, and lowered negative operating margin and growing cash flow from operations.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was negative ($10.6 million).</p>\n<p>Marketing expenses as a percentage of total revenue have dropped as revenue has increased and its Marketing efficiency rate grew to 1.9x in the most recent report period.</p>\n<p>The market opportunity for providing cross-border remittance services is very large and expected to grow as immigration continues to rise and businesses produce more goods for export.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is increased competition from cryptocurrency networks, although these networks have their own adoption hurdles and are still nascent.</p>\n<p>As for valuation, compared to PayPal, the firm’s revenue multiple expectation is higher, but RELY is also growing top line revenue at a much higher rate, although on a lower revenue base than PayPal.</p>\n<p>RELY is clearly a fast-growing company that is approaching operating breakeven. However, the firm faces competition from fast-growing cryptocurrency networks which are making inroads into the traditional payment rails by companies such as Remitly.</p>\n<p>I’m impressed by the firm’s growth but concerned as to whether that growth can continue at its present rate.</p>\n<p>RELY is probably a fine investment opportunity, but I'll watch the IPO from the sidelines.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RELY":"Remitly Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181941187","content_text":"(Sept 23) Remitly Global, Inc. opens for trading at $53, up about 23% from IPO price.\nCompany & Technology\nSeattle, Washington-based Remitly was founded to develop a platform to enable people to send cross-border remittances more easily and at a lower cost than traditional banking service providers.\nManagement is headed by co-founder, president and CEO Matthew Oppenheimer, who has been with the firm since inception and was previously employed by Barclays PLC(NYSE:BCS), a multinational bank.\nThe company’s primary offerings include:\n\nMobile app\nWebsite\nPassbook KYC and identity verification\n\nRELY's coverage map of send and receive countries is shown below:\nRemitly has received at least $390 million in equity investment from investors including PayU Fintech Investments, Strips, Threshold Ventures, Generation IM Sustainable Solutions, and Trilogy Equity Partners.\nCustomer Acquisition\nThe firm focuses its development efforts on the over 280 million immigrants and their families who seek to send and receive money worldwide.\n85% of the user base interacts primarily through its mobile application.\nMarketing expenses as a percentage of total revenue have dropped markedly as revenues have increased, as the figures below indicate:\nThe Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Marketing spend, rose slightly to 1.9x in the most recent reporting period, as shown in the table below:\nMarket & Competition\nAccording to a 2020 marketresearch reportby Allied Market Research, the global remittance market was an estimated $683 billion in 2018 and is forecast to reach $930 billion by 2026.\nThis represents a forecast CAGR of 3.9% from 2019 to 2026.\nThe main drivers for this expected growth are an increase in population migration and growth in business remittances and more businesses producing goods and services for export.\nAlso, the chart below indicates that the bank segment will continue to dominate the global remittance market, at least through 2026:\n\n(Source)\nMajor competitive or other industry participants by type include:\n\nTraditional providers and banks\nDigital-first cross-border providers\nCryptocurrency systems\nPerson-to-person informal channels\n\nFinancial Performance\nRemitly’s recent financial results can be summarized as follows:\n\nSharply growing top line revenue\nIncreasing gross profit\nVariable gross margin within a tight range\nReduced operating losses and negative operating margin\nA sharp swing to positive cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\nAs of June 30, 2021, Remitly had $173 million in cash and $134 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($10.6 million).\nIPO Details\nRELY intends to sell 12.2 million shares of common stock at a proposed midpoint price of $40.00 per share for gross proceeds of approximately $487 million, not including the sale of customary underwriter options.\nExisting shareholder PayU Fintech has agreed to purchase shares of up to $25.0 million in a concurrent private placement at the IPO price.\nAssuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $6.0 billion.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 7.53%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nPer the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:\n\n We currently intend to use the net proceeds we receive from this offering and the private placement for working capital and other general corporate purposes, which may include marketing, technology and product development, geographic or product expansions, general and administrative matters, and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions, or businesses that complement our business. However, we do not have agreements or commitments for any acquisitions or investments outside the ordinary course of business at this time.\n\n\n (Source)\n\nManagement’s presentation of the company roadshow isavailable here.\nRegarding outstanding legal proceedings, management said the firm is not party to any legal or regulatory proceedings that would be material to its operations or financial condition.\nListed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, and other investment banks.\nValuation Metrics\nBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:\nAs a reference, a potential partial public comparable would be PayPal (PYPL); shown below is a comparison of their primary valuation metrics:\n\nCommentary\nRELY is seeking to go public in the U.S. to provide capital for its corporate expansion plans.\nThe firm’s financials show strong top line revenue growth, reduced operating losses, and lowered negative operating margin and growing cash flow from operations.\nFree cash flow for the twelve months ended June 30, 2021, was negative ($10.6 million).\nMarketing expenses as a percentage of total revenue have dropped as revenue has increased and its Marketing efficiency rate grew to 1.9x in the most recent report period.\nThe market opportunity for providing cross-border remittance services is very large and expected to grow as immigration continues to rise and businesses produce more goods for export.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is increased competition from cryptocurrency networks, although these networks have their own adoption hurdles and are still nascent.\nAs for valuation, compared to PayPal, the firm’s revenue multiple expectation is higher, but RELY is also growing top line revenue at a much higher rate, although on a lower revenue base than PayPal.\nRELY is clearly a fast-growing company that is approaching operating breakeven. However, the firm faces competition from fast-growing cryptocurrency networks which are making inroads into the traditional payment rails by companies such as Remitly.\nI’m impressed by the firm’s growth but concerned as to whether that growth can continue at its present rate.\nRELY is probably a fine investment opportunity, but I'll watch the IPO from the sidelines.","news_type":1,"symbols_score_info":{"RELY":0.9}},"isVote":1,"tweetType":1,"viewCount":811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860608905,"gmtCreate":1632161187207,"gmtModify":1676530714707,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Anybody hopeful for ERYP?","listText":"Anybody hopeful for ERYP?","text":"Anybody hopeful for ERYP?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860608905","repostId":"2168504456","repostType":2,"repost":{"id":"2168504456","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1632123341,"share":"https://ttm.financial/m/news/2168504456?lang=en_US&edition=fundamental","pubTime":"2021-09-20 15:35","market":"us","language":"en","title":"Earnings Scheduled For September 20, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2168504456","media":"Benzinga","summary":" \n\nCompanies Reporting Before The Bell\n\n• Cognyte Software (NASDAQ:CGNT) is expected to report quarterly earnings at $0.15 per share on revenue of $115.57 million.\n\n ","content":"<p><b>Companies Reporting Before The Bell</b></p>\n<ul>\n <li>Cognyte Software (NASDAQ:CGNT) is expected to report quarterly earnings at $0.15 per share on revenue of $115.57 million.</li>\n</ul>\n<p><b>Companies Reporting After The Bell</b></p>\n<ul>\n <li>Great Elm Group (NASDAQ:GEG) is expected to report earnings for its fourth quarter.</li>\n <li>Red Cat Holdings (NASDAQ:RCAT) is expected to report earnings for its first quarter.</li>\n <li>Lennar (NYSE:LEN) is estimated to report quarterly earnings at $3.28 per share on revenue of $6.86 billion.</li>\n <li>Inventiva (NASDAQ:IVA) is projected to report earnings for its first quarter.</li>\n <li>Erytech Pharma (NASDAQ:ERYP) is estimated to report earnings for its second quarter.</li>\n</ul>","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>Earnings Scheduled For September 20, 2021</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\">\nEarnings Scheduled For September 20, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-20 15:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Companies Reporting Before The Bell</b></p>\n<ul>\n <li>Cognyte Software (NASDAQ:CGNT) is expected to report quarterly earnings at $0.15 per share on revenue of $115.57 million.</li>\n</ul>\n<p><b>Companies Reporting After The Bell</b></p>\n<ul>\n <li>Great Elm Group (NASDAQ:GEG) is expected to report earnings for its fourth quarter.</li>\n <li>Red Cat Holdings (NASDAQ:RCAT) is expected to report earnings for its first quarter.</li>\n <li>Lennar (NYSE:LEN) is estimated to report quarterly earnings at $3.28 per share on revenue of $6.86 billion.</li>\n <li>Inventiva (NASDAQ:IVA) is projected to report earnings for its first quarter.</li>\n <li>Erytech Pharma (NASDAQ:ERYP) is estimated to report earnings for its second quarter.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GEG":"Great Elm Capital Group, Inc.","LEN":"莱纳建筑公司","IVA":"Inventiva S.A.","CGNT":"Cognyte Software Ltd.","RCAT":"Red Cat Holdings Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168504456","content_text":"Companies Reporting Before The Bell\n\nCognyte Software (NASDAQ:CGNT) is expected to report quarterly earnings at $0.15 per share on revenue of $115.57 million.\n\nCompanies Reporting After The Bell\n\nGreat Elm Group (NASDAQ:GEG) is expected to report earnings for its fourth quarter.\nRed Cat Holdings (NASDAQ:RCAT) is expected to report earnings for its first quarter.\nLennar (NYSE:LEN) is estimated to report quarterly earnings at $3.28 per share on revenue of $6.86 billion.\nInventiva (NASDAQ:IVA) is projected to report earnings for its first quarter.\nErytech Pharma (NASDAQ:ERYP) is estimated to report earnings for its second quarter.","news_type":1,"symbols_score_info":{"LEN":0.9,"CGNT":0.9,"IVA":0.9,"GEG":0.9,"RCAT":0.9,"ERYP":0.9}},"isVote":1,"tweetType":1,"viewCount":861,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882225128,"gmtCreate":1631698324464,"gmtModify":1676530611963,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Haha as usual for AAPL!&nbsp;","listText":"Haha as usual for AAPL!&nbsp;","text":"Haha as usual for AAPL!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882225128","repostId":"1108272392","repostType":4,"repost":{"id":"1108272392","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631693345,"share":"https://ttm.financial/m/news/1108272392?lang=en_US&edition=fundamental","pubTime":"2021-09-15 16:09","market":"us","language":"en","title":"Apple shares rose 0.4% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1108272392","media":"Tiger Newspress","summary":"Apple shares rose 0.4% in premarket trading.Apple held an event yesterday where the new iPhone 13 in","content":"<p>Apple shares rose 0.4% in premarket trading.Apple held an event yesterday where the&nbsp;new iPhone 13 in all of its versions were unveiled. The stock closed down 0.96% at $148.12.</p>\n<p><img src=\"https://static.tigerbbs.com/43a1bc16e540f70c96b045c162ee647d\" tg-width=\"850\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple shares rose 0.4% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple shares rose 0.4% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-15 16:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Apple shares rose 0.4% in premarket trading.Apple held an event yesterday where the&nbsp;new iPhone 13 in all of its versions were unveiled. The stock closed down 0.96% at $148.12.</p>\n<p><img src=\"https://static.tigerbbs.com/43a1bc16e540f70c96b045c162ee647d\" tg-width=\"850\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108272392","content_text":"Apple shares rose 0.4% in premarket trading.Apple held an event yesterday where the new iPhone 13 in all of its versions were unveiled. The stock closed down 0.96% at $148.12.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889026437,"gmtCreate":1631093931029,"gmtModify":1676530465833,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Still what is the implication of this news anyone?","listText":"Still what is the implication of this news anyone?","text":"Still what is the implication of this news anyone?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/889026437","repostId":"1186834181","repostType":4,"isVote":1,"tweetType":1,"viewCount":1093,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3562581397159886","authorId":"3562581397159886","name":"ShadowBan","avatar":"https://static.tigerbbs.com/aeb7ce335430462d3c1201a81eb444c0","crmLevel":2,"crmLevelSwitch":0,"idStr":"3562581397159886","authorIdStr":"3562581397159886"},"content":"existing shareholders get diluted","text":"existing shareholders get diluted","html":"existing shareholders get diluted"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895563654,"gmtCreate":1628757159678,"gmtModify":1676529844363,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Totally beat estimates!","listText":"Totally beat estimates!","text":"Totally beat estimates!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895563654","repostId":"1176507211","repostType":4,"repost":{"id":"1176507211","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628755698,"share":"https://ttm.financial/m/news/1176507211?lang=en_US&edition=fundamental","pubTime":"2021-08-12 16:08","market":"us","language":"en","title":"Clover Health shares rose nearly 12% in premarket trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176507211","media":"Tiger Newspress","summary":"Clover Health shares rose nearly 12% in premarket trading.\nHealth care technology company Clover Hea","content":"<p>Clover Health&nbsp;shares&nbsp;rose nearly&nbsp;12% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/873c1d06cbd5a2c42b775f8b93fec480\" tg-width=\"910\" tg-height=\"651\" referrerpolicy=\"no-referrer\">Health care technology company&nbsp;<b>Clover Health</b>&nbsp;reported second-quarter earnings Wednesday afternoon.</p>\n<p>Clover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.</p>\n<p>Clover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.</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>Clover Health shares rose nearly 12% in premarket trading.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nClover Health shares rose nearly 12% in premarket trading.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-12 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Clover Health&nbsp;shares&nbsp;rose nearly&nbsp;12% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/873c1d06cbd5a2c42b775f8b93fec480\" tg-width=\"910\" tg-height=\"651\" referrerpolicy=\"no-referrer\">Health care technology company&nbsp;<b>Clover Health</b>&nbsp;reported second-quarter earnings Wednesday afternoon.</p>\n<p>Clover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.</p>\n<p>Clover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176507211","content_text":"Clover Health shares rose nearly 12% in premarket trading.\nHealth care technology company Clover Health reported second-quarter earnings Wednesday afternoon.\nClover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.\nClover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.","news_type":1,"symbols_score_info":{"CLOV":0.9}},"isVote":1,"tweetType":1,"viewCount":833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":889026437,"gmtCreate":1631093931029,"gmtModify":1676530465833,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Still what is the implication of this news anyone?","listText":"Still what is the implication of this news anyone?","text":"Still what is the implication of this news anyone?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/889026437","repostId":"1186834181","repostType":4,"isVote":1,"tweetType":1,"viewCount":1093,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3562581397159886","authorId":"3562581397159886","name":"ShadowBan","avatar":"https://static.tigerbbs.com/aeb7ce335430462d3c1201a81eb444c0","crmLevel":2,"crmLevelSwitch":0,"idStr":"3562581397159886","authorIdStr":"3562581397159886"},"content":"existing shareholders get diluted","text":"existing shareholders get diluted","html":"existing shareholders get diluted"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052687836,"gmtCreate":1655168396826,"gmtModify":1676535574155,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Good news?","listText":"Good news?","text":"Good news?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052687836","repostId":"1132749955","repostType":2,"repost":{"id":"1132749955","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1655167402,"share":"https://ttm.financial/m/news/1132749955?lang=en_US&edition=fundamental","pubTime":"2022-06-14 08:43","market":"sg","language":"en","title":"Singapore Stocks To Watch: Frasers Property, Frasers Hospitality Trust, Keppel Infrastructure","url":"https://stock-news.laohu8.com/highlight/detail?id=1132749955","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Tuesday ","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 14):</p><p><a href=\"https://laohu8.com/S/TQ5.SI\">Frasers Property</a>, <a href=\"https://laohu8.com/S/ACV.SI\">Frasers Hospitality Trust</a>: FRASERS Property Hospitality Trust Holdings, a wholly-owned subsidiary ofFrasers Property, is proposing to privatise <a href=\"https://laohu8.com/S/ACV.SI\">Frasers Hospitality Trust</a> through a trust scheme of arrangement.</p><p>The privatisation will shave over S$1.3 billion worth of value from the local bourse.</p><p>The offeror is proposing to acquire all of FHT’s stapled securities – other than those held by TCC Group Investments and Frasers Property and its subsidiaries – at a scheme consideration of S$0.70 each in cash, it said in a bourse filing on Monday (Jun 13).</p><p>The scheme consideration represents a premium of 43.8 per cent over the 12-month volume-weighted average price per stapled security up to and including Apr 7, the last full trading day prior to the announcement of its strategic review.</p><p>It also represents a premium of 16.7 per cent over recent analyst consensus of the counter’s target price in 2022.</p><p>The independent directors of FHT noted that the scheme is the best option for stapled securityholders to realise their investments, given that it represents a credible offer from a financial perspective and offers strong deal certainty for stapled securityholders in terms of timing and execution.</p><p><a href=\"https://laohu8.com/S/A7RU.SI\">Keppel Infrastructure</a>: Keppel Infrastructure Fund Management Pte Ltd (KIFM), trustee-manager of Keppel Infrastructure Trust (KIT), and solar power producer Jinko Power signed a non-binding memorandum of understanding for the exploration of opportunities for solar farm and energy storage investments.</p><p>Under the memo, Jinko will identify up to 1,000 megawatts of solar farm and energy storage projects in its assets pipeline which KIT can potentially invest in.</p><p>“Each of these assets will be in jurisdictions that meet KIT’s investment criteria, in key developed markets of Asia Pacific, Europe and the Middle East,” KIT said in a statement.</p><p>KIT and Jinko will enter separate investment deals to acquire and hold the respective assets through special purpose vehicles, it added.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks To Watch: Frasers Property, Frasers Hospitality Trust, Keppel Infrastructure</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{ 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#494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks To Watch: Frasers Property, Frasers Hospitality Trust, Keppel Infrastructure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-14 08:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 14):</p><p><a href=\"https://laohu8.com/S/TQ5.SI\">Frasers Property</a>, <a href=\"https://laohu8.com/S/ACV.SI\">Frasers Hospitality Trust</a>: FRASERS Property Hospitality Trust Holdings, a wholly-owned subsidiary ofFrasers Property, is proposing to privatise <a href=\"https://laohu8.com/S/ACV.SI\">Frasers Hospitality Trust</a> through a trust scheme of arrangement.</p><p>The privatisation will shave over S$1.3 billion worth of value from the local bourse.</p><p>The offeror is proposing to acquire all of FHT’s stapled securities – other than those held by TCC Group Investments and Frasers Property and its subsidiaries – at a scheme consideration of S$0.70 each in cash, it said in a bourse filing on Monday (Jun 13).</p><p>The scheme consideration represents a premium of 43.8 per cent over the 12-month volume-weighted average price per stapled security up to and including Apr 7, the last full trading day prior to the announcement of its strategic review.</p><p>It also represents a premium of 16.7 per cent over recent analyst consensus of the counter’s target price in 2022.</p><p>The independent directors of FHT noted that the scheme is the best option for stapled securityholders to realise their investments, given that it represents a credible offer from a financial perspective and offers strong deal certainty for stapled securityholders in terms of timing and execution.</p><p><a href=\"https://laohu8.com/S/A7RU.SI\">Keppel Infrastructure</a>: Keppel Infrastructure Fund Management Pte Ltd (KIFM), trustee-manager of Keppel Infrastructure Trust (KIT), and solar power producer Jinko Power signed a non-binding memorandum of understanding for the exploration of opportunities for solar farm and energy storage investments.</p><p>Under the memo, Jinko will identify up to 1,000 megawatts of solar farm and energy storage projects in its assets pipeline which KIT can potentially invest in.</p><p>“Each of these assets will be in jurisdictions that meet KIT’s investment criteria, in key developed markets of Asia Pacific, Europe and the Middle East,” KIT said in a statement.</p><p>KIT and Jinko will enter separate investment deals to acquire and hold the respective assets through special purpose vehicles, it added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"A7RU.SI":"吉宝基础设施信托","TQ5.SI":"星狮地产有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132749955","content_text":"THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 14):Frasers Property, Frasers Hospitality Trust: FRASERS Property Hospitality Trust Holdings, a wholly-owned subsidiary ofFrasers Property, is proposing to privatise Frasers Hospitality Trust through a trust scheme of arrangement.The privatisation will shave over S$1.3 billion worth of value from the local bourse.The offeror is proposing to acquire all of FHT’s stapled securities – other than those held by TCC Group Investments and Frasers Property and its subsidiaries – at a scheme consideration of S$0.70 each in cash, it said in a bourse filing on Monday (Jun 13).The scheme consideration represents a premium of 43.8 per cent over the 12-month volume-weighted average price per stapled security up to and including Apr 7, the last full trading day prior to the announcement of its strategic review.It also represents a premium of 16.7 per cent over recent analyst consensus of the counter’s target price in 2022.The independent directors of FHT noted that the scheme is the best option for stapled securityholders to realise their investments, given that it represents a credible offer from a financial perspective and offers strong deal certainty for stapled securityholders in terms of timing and execution.Keppel Infrastructure: Keppel Infrastructure Fund Management Pte Ltd (KIFM), trustee-manager of Keppel Infrastructure Trust (KIT), and solar power producer Jinko Power signed a non-binding memorandum of understanding for the exploration of opportunities for solar farm and energy storage investments.Under the memo, Jinko will identify up to 1,000 megawatts of solar farm and energy storage projects in its assets pipeline which KIT can potentially invest in.“Each of these assets will be in jurisdictions that meet KIT’s investment criteria, in key developed markets of Asia Pacific, Europe and the Middle East,” KIT said in a statement.KIT and Jinko will enter separate investment deals to acquire and hold the respective assets through special purpose vehicles, it added.","news_type":1,"symbols_score_info":{"ACV.SI":0.9,"A7RU.SI":0.9,"TQ5.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863489326,"gmtCreate":1632411926865,"gmtModify":1676530777398,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Wow, what's happening with this?&nbsp;","listText":"Wow, what's happening with this?&nbsp;","text":"Wow, what's happening with this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/863489326","repostId":"1181941187","repostType":4,"repost":{"id":"1181941187","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632410993,"share":"https://ttm.financial/m/news/1181941187?lang=en_US&edition=fundamental","pubTime":"2021-09-23 23:29","market":"us","language":"en","title":"Remitly Global opens for trading at $53, up about 23% from IPO price","url":"https://stock-news.laohu8.com/highlight/detail?id=1181941187","media":"Tiger Newspress","summary":"(Sept 23) Remitly Global, Inc. opens for trading at $53, up about 23% from IPO price.\nCompany & Tech","content":"<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/RELY\">Remitly Global, Inc.</a> opens for trading at $53, up about 23% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/0e4f9fae02046c2dec20410744605a2c\" tg-width=\"903\" tg-height=\"560\" referrerpolicy=\"no-referrer\">Company &amp; Technology</p>\n<p>Seattle, Washington-based Remitly was founded to develop a platform to enable people to send cross-border remittances more easily and at a lower cost than traditional banking service providers.</p>\n<p>Management is headed by co-founder, president and CEO Matthew Oppenheimer, who has been with the firm since inception and was previously employed by Barclays PLC(NYSE:BCS), a multinational bank.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>Mobile app</li>\n <li>Website</li>\n <li>Passbook KYC and identity verification</li>\n</ul>\n<p>RELY's coverage map of send and receive countries is shown below:</p>\n<p><img src=\"https://static.tigerbbs.com/b7da41517703af76d2ad5767a6f62c3e\" tg-width=\"1280\" tg-height=\"610\" referrerpolicy=\"no-referrer\">Remitly has received at least $390 million in equity investment from investors including PayU Fintech Investments, Strips, Threshold Ventures, Generation IM Sustainable Solutions, and Trilogy Equity Partners.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The firm focuses its development efforts on the over 280 million immigrants and their families who seek to send and receive money worldwide.</p>\n<p>85% of the user base interacts primarily through its mobile application.</p>\n<p>Marketing expenses as a percentage of total revenue have dropped markedly as revenues have increased, as the figures below indicate:</p>\n<p><img src=\"https://static.tigerbbs.com/02aab34075357a711003ef9c015d8c91\" tg-width=\"613\" tg-height=\"303\" referrerpolicy=\"no-referrer\">The Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Marketing spend, rose slightly to 1.9x in the most recent reporting period, as shown in the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/578ef0f05e558e837af9959d96e698ae\" tg-width=\"609\" tg-height=\"241\" referrerpolicy=\"no-referrer\">Market &amp; Competition</p>\n<p>According to a 2020 marketresearch reportby Allied Market Research, the global remittance market was an estimated $683 billion in 2018 and is forecast to reach $930 billion by 2026.</p>\n<p>This represents a forecast CAGR of 3.9% from 2019 to 2026.</p>\n<p>The main drivers for this expected growth are an increase in population migration and growth in business remittances and more businesses producing goods and services for export.</p>\n<p>Also, the chart below indicates that the bank segment will continue to dominate the global remittance market, at least through 2026:</p>\n<p><img src=\"https://static.tigerbbs.com/ac62350b35b880b02943827b083ac10f\" tg-width=\"1280\" tg-height=\"778\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants by type include:</p>\n<ul>\n <li>Traditional providers and banks</li>\n <li>Digital-first cross-border providers</li>\n <li>Cryptocurrency systems</li>\n <li>Person-to-person informal channels</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Remitly’s recent financial results can be summarized as follows:</p>\n<ul>\n <li>Sharply growing top line revenue</li>\n <li>Increasing gross profit</li>\n <li>Variable gross margin within a tight range</li>\n <li>Reduced operating losses and negative operating margin</li>\n <li>A sharp swing to positive cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p><img src=\"https://static.tigerbbs.com/aa0ce70faef1b56c76c0740d90699667\" tg-width=\"609\" tg-height=\"618\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/fbe99db82b3de0dae05dd04c280ae89b\" tg-width=\"612\" tg-height=\"626\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5afee2a5147ec95f52a2d9c6c70566c0\" tg-width=\"614\" tg-height=\"615\" referrerpolicy=\"no-referrer\">As of June 30, 2021, Remitly had $173 million in cash and $134 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($10.6 million).</p>\n<p><b>IPO Details</b></p>\n<p>RELY intends to sell 12.2 million shares of common stock at a proposed midpoint price of $40.00 per share for gross proceeds of approximately $487 million, not including the sale of customary underwriter options.</p>\n<p>Existing shareholder PayU Fintech has agreed to purchase shares of up to $25.0 million in a concurrent private placement at the IPO price.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $6.0 billion.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 7.53%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p>\n<blockquote>\n We currently intend to use the net proceeds we receive from this offering and the private placement for working capital and other general corporate purposes, which may include marketing, technology and product development, geographic or product expansions, general and administrative matters, and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions, or businesses that complement our business. However, we do not have agreements or commitments for any acquisitions or investments outside the ordinary course of business at this time.\n</blockquote>\n<blockquote>\n (Source)\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Regarding outstanding legal proceedings, management said the firm is not party to any legal or regulatory proceedings that would be material to its operations or financial condition.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, and other investment banks.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<p><img src=\"https://static.tigerbbs.com/2c705850107b99d30d618d9c817fe019\" tg-width=\"610\" tg-height=\"709\" referrerpolicy=\"no-referrer\">As a reference, a potential partial public comparable would be PayPal (PYPL); shown below is a comparison of their primary valuation metrics:</p>\n<p><img src=\"https://static.tigerbbs.com/04c287d0fe2fe1b0b983b6cb07ad4b59\" tg-width=\"611\" tg-height=\"359\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Commentary</b></p>\n<p>RELY is seeking to go public in the U.S. to provide capital for its corporate expansion plans.</p>\n<p>The firm’s financials show strong top line revenue growth, reduced operating losses, and lowered negative operating margin and growing cash flow from operations.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was negative ($10.6 million).</p>\n<p>Marketing expenses as a percentage of total revenue have dropped as revenue has increased and its Marketing efficiency rate grew to 1.9x in the most recent report period.</p>\n<p>The market opportunity for providing cross-border remittance services is very large and expected to grow as immigration continues to rise and businesses produce more goods for export.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is increased competition from cryptocurrency networks, although these networks have their own adoption hurdles and are still nascent.</p>\n<p>As for valuation, compared to PayPal, the firm’s revenue multiple expectation is higher, but RELY is also growing top line revenue at a much higher rate, although on a lower revenue base than PayPal.</p>\n<p>RELY is clearly a fast-growing company that is approaching operating breakeven. However, the firm faces competition from fast-growing cryptocurrency networks which are making inroads into the traditional payment rails by companies such as Remitly.</p>\n<p>I’m impressed by the firm’s growth but concerned as to whether that growth can continue at its present rate.</p>\n<p>RELY is probably a fine investment opportunity, but I'll watch the IPO from the sidelines.</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>Remitly Global opens for trading at $53, up about 23% from IPO price</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\">\nRemitly Global opens for trading at $53, up about 23% from IPO price\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-23 23:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/RELY\">Remitly Global, Inc.</a> opens for trading at $53, up about 23% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/0e4f9fae02046c2dec20410744605a2c\" tg-width=\"903\" tg-height=\"560\" referrerpolicy=\"no-referrer\">Company &amp; Technology</p>\n<p>Seattle, Washington-based Remitly was founded to develop a platform to enable people to send cross-border remittances more easily and at a lower cost than traditional banking service providers.</p>\n<p>Management is headed by co-founder, president and CEO Matthew Oppenheimer, who has been with the firm since inception and was previously employed by Barclays PLC(NYSE:BCS), a multinational bank.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>Mobile app</li>\n <li>Website</li>\n <li>Passbook KYC and identity verification</li>\n</ul>\n<p>RELY's coverage map of send and receive countries is shown below:</p>\n<p><img src=\"https://static.tigerbbs.com/b7da41517703af76d2ad5767a6f62c3e\" tg-width=\"1280\" tg-height=\"610\" referrerpolicy=\"no-referrer\">Remitly has received at least $390 million in equity investment from investors including PayU Fintech Investments, Strips, Threshold Ventures, Generation IM Sustainable Solutions, and Trilogy Equity Partners.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The firm focuses its development efforts on the over 280 million immigrants and their families who seek to send and receive money worldwide.</p>\n<p>85% of the user base interacts primarily through its mobile application.</p>\n<p>Marketing expenses as a percentage of total revenue have dropped markedly as revenues have increased, as the figures below indicate:</p>\n<p><img src=\"https://static.tigerbbs.com/02aab34075357a711003ef9c015d8c91\" tg-width=\"613\" tg-height=\"303\" referrerpolicy=\"no-referrer\">The Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Marketing spend, rose slightly to 1.9x in the most recent reporting period, as shown in the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/578ef0f05e558e837af9959d96e698ae\" tg-width=\"609\" tg-height=\"241\" referrerpolicy=\"no-referrer\">Market &amp; Competition</p>\n<p>According to a 2020 marketresearch reportby Allied Market Research, the global remittance market was an estimated $683 billion in 2018 and is forecast to reach $930 billion by 2026.</p>\n<p>This represents a forecast CAGR of 3.9% from 2019 to 2026.</p>\n<p>The main drivers for this expected growth are an increase in population migration and growth in business remittances and more businesses producing goods and services for export.</p>\n<p>Also, the chart below indicates that the bank segment will continue to dominate the global remittance market, at least through 2026:</p>\n<p><img src=\"https://static.tigerbbs.com/ac62350b35b880b02943827b083ac10f\" tg-width=\"1280\" tg-height=\"778\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants by type include:</p>\n<ul>\n <li>Traditional providers and banks</li>\n <li>Digital-first cross-border providers</li>\n <li>Cryptocurrency systems</li>\n <li>Person-to-person informal channels</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Remitly’s recent financial results can be summarized as follows:</p>\n<ul>\n <li>Sharply growing top line revenue</li>\n <li>Increasing gross profit</li>\n <li>Variable gross margin within a tight range</li>\n <li>Reduced operating losses and negative operating margin</li>\n <li>A sharp swing to positive cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p><img src=\"https://static.tigerbbs.com/aa0ce70faef1b56c76c0740d90699667\" tg-width=\"609\" tg-height=\"618\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/fbe99db82b3de0dae05dd04c280ae89b\" tg-width=\"612\" tg-height=\"626\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5afee2a5147ec95f52a2d9c6c70566c0\" tg-width=\"614\" tg-height=\"615\" referrerpolicy=\"no-referrer\">As of June 30, 2021, Remitly had $173 million in cash and $134 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($10.6 million).</p>\n<p><b>IPO Details</b></p>\n<p>RELY intends to sell 12.2 million shares of common stock at a proposed midpoint price of $40.00 per share for gross proceeds of approximately $487 million, not including the sale of customary underwriter options.</p>\n<p>Existing shareholder PayU Fintech has agreed to purchase shares of up to $25.0 million in a concurrent private placement at the IPO price.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $6.0 billion.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 7.53%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p>\n<blockquote>\n We currently intend to use the net proceeds we receive from this offering and the private placement for working capital and other general corporate purposes, which may include marketing, technology and product development, geographic or product expansions, general and administrative matters, and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions, or businesses that complement our business. However, we do not have agreements or commitments for any acquisitions or investments outside the ordinary course of business at this time.\n</blockquote>\n<blockquote>\n (Source)\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Regarding outstanding legal proceedings, management said the firm is not party to any legal or regulatory proceedings that would be material to its operations or financial condition.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, and other investment banks.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<p><img src=\"https://static.tigerbbs.com/2c705850107b99d30d618d9c817fe019\" tg-width=\"610\" tg-height=\"709\" referrerpolicy=\"no-referrer\">As a reference, a potential partial public comparable would be PayPal (PYPL); shown below is a comparison of their primary valuation metrics:</p>\n<p><img src=\"https://static.tigerbbs.com/04c287d0fe2fe1b0b983b6cb07ad4b59\" tg-width=\"611\" tg-height=\"359\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Commentary</b></p>\n<p>RELY is seeking to go public in the U.S. to provide capital for its corporate expansion plans.</p>\n<p>The firm’s financials show strong top line revenue growth, reduced operating losses, and lowered negative operating margin and growing cash flow from operations.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was negative ($10.6 million).</p>\n<p>Marketing expenses as a percentage of total revenue have dropped as revenue has increased and its Marketing efficiency rate grew to 1.9x in the most recent report period.</p>\n<p>The market opportunity for providing cross-border remittance services is very large and expected to grow as immigration continues to rise and businesses produce more goods for export.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is increased competition from cryptocurrency networks, although these networks have their own adoption hurdles and are still nascent.</p>\n<p>As for valuation, compared to PayPal, the firm’s revenue multiple expectation is higher, but RELY is also growing top line revenue at a much higher rate, although on a lower revenue base than PayPal.</p>\n<p>RELY is clearly a fast-growing company that is approaching operating breakeven. However, the firm faces competition from fast-growing cryptocurrency networks which are making inroads into the traditional payment rails by companies such as Remitly.</p>\n<p>I’m impressed by the firm’s growth but concerned as to whether that growth can continue at its present rate.</p>\n<p>RELY is probably a fine investment opportunity, but I'll watch the IPO from the sidelines.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RELY":"Remitly Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181941187","content_text":"(Sept 23) Remitly Global, Inc. opens for trading at $53, up about 23% from IPO price.\nCompany & Technology\nSeattle, Washington-based Remitly was founded to develop a platform to enable people to send cross-border remittances more easily and at a lower cost than traditional banking service providers.\nManagement is headed by co-founder, president and CEO Matthew Oppenheimer, who has been with the firm since inception and was previously employed by Barclays PLC(NYSE:BCS), a multinational bank.\nThe company’s primary offerings include:\n\nMobile app\nWebsite\nPassbook KYC and identity verification\n\nRELY's coverage map of send and receive countries is shown below:\nRemitly has received at least $390 million in equity investment from investors including PayU Fintech Investments, Strips, Threshold Ventures, Generation IM Sustainable Solutions, and Trilogy Equity Partners.\nCustomer Acquisition\nThe firm focuses its development efforts on the over 280 million immigrants and their families who seek to send and receive money worldwide.\n85% of the user base interacts primarily through its mobile application.\nMarketing expenses as a percentage of total revenue have dropped markedly as revenues have increased, as the figures below indicate:\nThe Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Marketing spend, rose slightly to 1.9x in the most recent reporting period, as shown in the table below:\nMarket & Competition\nAccording to a 2020 marketresearch reportby Allied Market Research, the global remittance market was an estimated $683 billion in 2018 and is forecast to reach $930 billion by 2026.\nThis represents a forecast CAGR of 3.9% from 2019 to 2026.\nThe main drivers for this expected growth are an increase in population migration and growth in business remittances and more businesses producing goods and services for export.\nAlso, the chart below indicates that the bank segment will continue to dominate the global remittance market, at least through 2026:\n\n(Source)\nMajor competitive or other industry participants by type include:\n\nTraditional providers and banks\nDigital-first cross-border providers\nCryptocurrency systems\nPerson-to-person informal channels\n\nFinancial Performance\nRemitly’s recent financial results can be summarized as follows:\n\nSharply growing top line revenue\nIncreasing gross profit\nVariable gross margin within a tight range\nReduced operating losses and negative operating margin\nA sharp swing to positive cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\nAs of June 30, 2021, Remitly had $173 million in cash and $134 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($10.6 million).\nIPO Details\nRELY intends to sell 12.2 million shares of common stock at a proposed midpoint price of $40.00 per share for gross proceeds of approximately $487 million, not including the sale of customary underwriter options.\nExisting shareholder PayU Fintech has agreed to purchase shares of up to $25.0 million in a concurrent private placement at the IPO price.\nAssuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $6.0 billion.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 7.53%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nPer the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:\n\n We currently intend to use the net proceeds we receive from this offering and the private placement for working capital and other general corporate purposes, which may include marketing, technology and product development, geographic or product expansions, general and administrative matters, and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions, or businesses that complement our business. However, we do not have agreements or commitments for any acquisitions or investments outside the ordinary course of business at this time.\n\n\n (Source)\n\nManagement’s presentation of the company roadshow isavailable here.\nRegarding outstanding legal proceedings, management said the firm is not party to any legal or regulatory proceedings that would be material to its operations or financial condition.\nListed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, and other investment banks.\nValuation Metrics\nBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:\nAs a reference, a potential partial public comparable would be PayPal (PYPL); shown below is a comparison of their primary valuation metrics:\n\nCommentary\nRELY is seeking to go public in the U.S. to provide capital for its corporate expansion plans.\nThe firm’s financials show strong top line revenue growth, reduced operating losses, and lowered negative operating margin and growing cash flow from operations.\nFree cash flow for the twelve months ended June 30, 2021, was negative ($10.6 million).\nMarketing expenses as a percentage of total revenue have dropped as revenue has increased and its Marketing efficiency rate grew to 1.9x in the most recent report period.\nThe market opportunity for providing cross-border remittance services is very large and expected to grow as immigration continues to rise and businesses produce more goods for export.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is increased competition from cryptocurrency networks, although these networks have their own adoption hurdles and are still nascent.\nAs for valuation, compared to PayPal, the firm’s revenue multiple expectation is higher, but RELY is also growing top line revenue at a much higher rate, although on a lower revenue base than PayPal.\nRELY is clearly a fast-growing company that is approaching operating breakeven. However, the firm faces competition from fast-growing cryptocurrency networks which are making inroads into the traditional payment rails by companies such as Remitly.\nI’m impressed by the firm’s growth but concerned as to whether that growth can continue at its present rate.\nRELY is probably a fine investment opportunity, but I'll watch the IPO from the sidelines.","news_type":1,"symbols_score_info":{"RELY":0.9}},"isVote":1,"tweetType":1,"viewCount":811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029140718,"gmtCreate":1652748852534,"gmtModify":1676535153573,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Huat!!!!","listText":"Huat!!!!","text":"Huat!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029140718","repostId":"1141816282","repostType":2,"repost":{"id":"1141816282","kind":"news","pubTimestamp":1652746423,"share":"https://ttm.financial/m/news/1141816282?lang=en_US&edition=fundamental","pubTime":"2022-05-17 08:13","market":"sg","language":"en","title":"Singapore Stock Market May See Additional Support","url":"https://stock-news.laohu8.com/highlight/detail?id=1141816282","media":"rtt news","summary":"Ahead of Monday's holiday for Wesak Day, the Singapore stock market had halted the seven-day losing ","content":"<html><head></head><body><p>Ahead of Monday&#39;s holiday for Wesak Day, the Singapore stock market had halted the seven-day losing streak in which it had fallen more than 190 points or 4.7 percent. The Straits Times Index now rests just above the 3,190-point plateau and it may add to its winnings on Tuesday.</p><p>The global forecast for the Asian markets is mixed, with support from energy stocks likely limited by weakness from technology companies. The European and U.S. markets were mixed and the Asian markets figure to follow suit.</p><p>The STI finished modestly higher on Friday following gains from the financial shares, property stocks and industrial issues.</p><p>For the day, the index gathered 25.98 points or 0.82 percent to finish at 3,191.16 after trading between 3,189.68 and 3,213.22. Volume was 1.46 billion shares worth 1.46 billion Singapore dollars. There were 335 gainers and 158 decliners.</p><p>Among the actives, Ascendas REIT was up 0.75 percent, CapitaLand Integrated Commercial Trust spiked 3.18 percent, CapitaLand Investment rose 0.26 percent, City Developments skyrocketed 6.65 percent, Comfort DelGro increased 1.44 percent, Dairy Farm International soared 3.38 percent, DBS Group collected 0.55 percent, Genting Singapore gained 1.31 percent, Hongkong Land added 0.44 percent, Keppel Corp accelerated 2.02 percent, Mapletree Commercial Trust strengthened 1.73 percent, Mapletree Industrial Trust and Venture Corporation both perked 0.82 percent, Mapletree Logistics Trust rose 1.25 percent, Oversea-Chinese Banking Corporation was up 0.09 percent, SATS added 1.41 percent, SembCorp Industries rallied 1.84 percent, Singapore Exchange jumped 1.79 percent, SingTel tumbled 2.14 percent, Thai Beverage climbed 1.49 percent, United Overseas Bank advanced 1.46 percent, Wilmar International improved 1.45 percent, Yangzijiang Financial surged 4.82 percent, Yangzijiang Shipbuilding gathered 1.23 percent and Singapore Technologies Engineering was unchanged.</p><p>The lead from Wall Street is inconsistent as the major averages opened lower on Monday but saw time on both sides of the unchanged line, eventually ending mixed.</p><p>The Dow rose 26.76 points or 0.08 percent to finish at 32,223.42, while the NASDAQ plummeted 142.21 points or 1.20 percent to end at 11,662.79 and the S&amp;P 500 sank 15.88 points or 0.39 percent to close at 4,008.01.</p><p>Disappointing economic data from the U.S., Europe and China weighed on sentiment, prompting investors to largely stay cautious.</p><p>A downward revision in EU growth forecast by the European Commission, as did data showing German wholesale price inflation hitting a record high.</p><p>In U.S. economic news, the Federal Reserve Bank of New York said manufacturing activity unexpectedly contracted in May.</p><p>Crude oil futures shrugged off early weakness and settled sharply higher on Monday, buoyed by rising gasoline prices after a drop in stockpiles. West Texas Intermediate Crude oil futures for June ended higher by $3.71 or 3.4 percent at $114.20 a barrel.</p><p>Closer to home, Singapore will provide Aril data for non-oil domestic exports later today; in March, NODX fell 2.3 percent on month and climbed 7.7 percent on year, resulting in a trade surplus of SGD4.172 billion.</p></body></html>","source":"lsy1637539882596","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market May See Additional Support</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market May See Additional Support\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-17 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3284640/singapore-stock-market-may-see-additional-support.aspx?type=acom><strong>rtt news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ahead of Monday's holiday for Wesak Day, the Singapore stock market had halted the seven-day losing streak in which it had fallen more than 190 points or 4.7 percent. The Straits Times Index now rests...</p>\n\n<a href=\"https://www.rttnews.com/3284640/singapore-stock-market-may-see-additional-support.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3284640/singapore-stock-market-may-see-additional-support.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141816282","content_text":"Ahead of Monday's holiday for Wesak Day, the Singapore stock market had halted the seven-day losing streak in which it had fallen more than 190 points or 4.7 percent. The Straits Times Index now rests just above the 3,190-point plateau and it may add to its winnings on Tuesday.The global forecast for the Asian markets is mixed, with support from energy stocks likely limited by weakness from technology companies. The European and U.S. markets were mixed and the Asian markets figure to follow suit.The STI finished modestly higher on Friday following gains from the financial shares, property stocks and industrial issues.For the day, the index gathered 25.98 points or 0.82 percent to finish at 3,191.16 after trading between 3,189.68 and 3,213.22. Volume was 1.46 billion shares worth 1.46 billion Singapore dollars. There were 335 gainers and 158 decliners.Among the actives, Ascendas REIT was up 0.75 percent, CapitaLand Integrated Commercial Trust spiked 3.18 percent, CapitaLand Investment rose 0.26 percent, City Developments skyrocketed 6.65 percent, Comfort DelGro increased 1.44 percent, Dairy Farm International soared 3.38 percent, DBS Group collected 0.55 percent, Genting Singapore gained 1.31 percent, Hongkong Land added 0.44 percent, Keppel Corp accelerated 2.02 percent, Mapletree Commercial Trust strengthened 1.73 percent, Mapletree Industrial Trust and Venture Corporation both perked 0.82 percent, Mapletree Logistics Trust rose 1.25 percent, Oversea-Chinese Banking Corporation was up 0.09 percent, SATS added 1.41 percent, SembCorp Industries rallied 1.84 percent, Singapore Exchange jumped 1.79 percent, SingTel tumbled 2.14 percent, Thai Beverage climbed 1.49 percent, United Overseas Bank advanced 1.46 percent, Wilmar International improved 1.45 percent, Yangzijiang Financial surged 4.82 percent, Yangzijiang Shipbuilding gathered 1.23 percent and Singapore Technologies Engineering was unchanged.The lead from Wall Street is inconsistent as the major averages opened lower on Monday but saw time on both sides of the unchanged line, eventually ending mixed.The Dow rose 26.76 points or 0.08 percent to finish at 32,223.42, while the NASDAQ plummeted 142.21 points or 1.20 percent to end at 11,662.79 and the S&P 500 sank 15.88 points or 0.39 percent to close at 4,008.01.Disappointing economic data from the U.S., Europe and China weighed on sentiment, prompting investors to largely stay cautious.A downward revision in EU growth forecast by the European Commission, as did data showing German wholesale price inflation hitting a record high.In U.S. economic news, the Federal Reserve Bank of New York said manufacturing activity unexpectedly contracted in May.Crude oil futures shrugged off early weakness and settled sharply higher on Monday, buoyed by rising gasoline prices after a drop in stockpiles. West Texas Intermediate Crude oil futures for June ended higher by $3.71 or 3.4 percent at $114.20 a barrel.Closer to home, Singapore will provide Aril data for non-oil domestic exports later today; in March, NODX fell 2.3 percent on month and climbed 7.7 percent on year, resulting in a trade surplus of SGD4.172 billion.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895563654,"gmtCreate":1628757159678,"gmtModify":1676529844363,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Totally beat estimates!","listText":"Totally beat estimates!","text":"Totally beat estimates!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895563654","repostId":"1176507211","repostType":4,"repost":{"id":"1176507211","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628755698,"share":"https://ttm.financial/m/news/1176507211?lang=en_US&edition=fundamental","pubTime":"2021-08-12 16:08","market":"us","language":"en","title":"Clover Health shares rose nearly 12% in premarket trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176507211","media":"Tiger Newspress","summary":"Clover Health shares rose nearly 12% in premarket trading.\nHealth care technology company Clover Hea","content":"<p>Clover Health&nbsp;shares&nbsp;rose nearly&nbsp;12% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/873c1d06cbd5a2c42b775f8b93fec480\" tg-width=\"910\" tg-height=\"651\" referrerpolicy=\"no-referrer\">Health care technology company&nbsp;<b>Clover Health</b>&nbsp;reported second-quarter earnings Wednesday afternoon.</p>\n<p>Clover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.</p>\n<p>Clover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.</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>Clover Health shares rose nearly 12% in premarket trading.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nClover Health shares rose nearly 12% in premarket trading.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-12 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Clover Health&nbsp;shares&nbsp;rose nearly&nbsp;12% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/873c1d06cbd5a2c42b775f8b93fec480\" tg-width=\"910\" tg-height=\"651\" referrerpolicy=\"no-referrer\">Health care technology company&nbsp;<b>Clover Health</b>&nbsp;reported second-quarter earnings Wednesday afternoon.</p>\n<p>Clover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.</p>\n<p>Clover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176507211","content_text":"Clover Health shares rose nearly 12% in premarket trading.\nHealth care technology company Clover Health reported second-quarter earnings Wednesday afternoon.\nClover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.\nClover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.","news_type":1,"symbols_score_info":{"CLOV":0.9}},"isVote":1,"tweetType":1,"viewCount":833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062616963,"gmtCreate":1652055657652,"gmtModify":1676535020066,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Hory sheet, stay vigilant!","listText":"Hory sheet, stay vigilant!","text":"Hory sheet, stay vigilant!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062616963","repostId":"1147526470","repostType":2,"repost":{"id":"1147526470","kind":"news","pubTimestamp":1652054686,"share":"https://ttm.financial/m/news/1147526470?lang=en_US&edition=fundamental","pubTime":"2022-05-09 08:04","market":"sg","language":"en","title":"Singapore Shares Expected To Open Under Pressure On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1147526470","media":"RTTNews","summary":"The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points o","content":"<html><head></head><body><p>The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and it&#39;s tipped to open in the red again on Monday.</p><p>The global forecast for the Asian markets is soft on concerns for the global economy and for the outlook for interest rates, with technology stocks particularly likely to slide. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.</p><p>The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.</p><p>For the day, the index retreated 51.68 points or 1.55 percent to finish at 3,291.89 after trading between 3,289.92 and 3,305.72. Volume was 1.60 billion shares worth 1.53 billion Singapore dollars. There were 348 decliners and 54 gainers.</p><p>Among the actives, Ascendas REIT eased 0.35 percent, while CapitaLand Integrated Commercial Trust plunged 3.03 percent, CapitaLand Investment fell 0.75 percent, City Developments and Keppel Corp both stumbled 1.59 percent, Dairy Farm International and Thai Beverage both tumbled 2.14 percent, DBS Group retreated 1.58 percent, Genting Singapore slumped 1.24 percent, Hongkong Land tanked 2.28 percent, Mapletree Commercial Trust was down 0.53 percent, Mapletree Industrial Trust lost 0.79 percent, Mapletree Logistics Trust declined 1.71 percent, Oversea-Chinese Banking Corporation plummeted 3.32 percent, SATS dropped 1.11 percent, SembCorp Industries dipped 0.67 percent, Singapore Exchange surrendered 1.94 percent, Singapore Technologies Engineering skidded 1.23 percent, SingTel slid 0.72 percent, United Overseas Bank sank 1.14 percent, Wilmar International shed 0.91 percent, Yangzijiang Financial jumped 2.13 percent and Yangzijiang Shipbuilding and Comfort DelGro were unchanged.</p><p>The lead from Wall Street ends up negative as the major averages spent most of Friday bouncing back and forth across the unchanged line before finally settling in the red.</p><p>The Dow dropped 98.63 points or 0.30 percent to finish at 32,899.37, while the NASDAQ tumbled 173.04 points or 1.40 percent to end at 12,144.66 and the S&amp;P 500 sank 23.53 points or 0.57 percent to close at 4,123.34. For the week, the NASDAQ slumped 1.5 percent and the Dow and the S&amp;P both eased 0.2 percent.</p><p>The lower close on Wall Street followed the closely watched Labor Department report showing stronger than expected job growth in April.</p><p>With the report showing continued strength in the labor market, economists predicted the Federal Reserve will now continue with its plans to raise interest rates sharply over the coming months.</p><p>Worries about the outlook for interest rates may have weighed on Wall Street along with a continued increase in treasury yields.</p><p>Crude oil prices closed higher on Friday, and posted a weekly gain as well, amid worries about supply following the European Union&#39;s decision proposing some of its toughest measures yet against Russia. West Texas Intermediate Crude oil futures for June ended higher by $1.51 or 1.4 percent at $109.77 a barrel. WTI crude futures gained nearly 5 percent in the week.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Expected To Open Under Pressure On Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Expected To Open Under Pressure On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-09 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and ...</p>\n\n<a href=\"https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147526470","content_text":"The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and it's tipped to open in the red again on Monday.The global forecast for the Asian markets is soft on concerns for the global economy and for the outlook for interest rates, with technology stocks particularly likely to slide. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.For the day, the index retreated 51.68 points or 1.55 percent to finish at 3,291.89 after trading between 3,289.92 and 3,305.72. Volume was 1.60 billion shares worth 1.53 billion Singapore dollars. There were 348 decliners and 54 gainers.Among the actives, Ascendas REIT eased 0.35 percent, while CapitaLand Integrated Commercial Trust plunged 3.03 percent, CapitaLand Investment fell 0.75 percent, City Developments and Keppel Corp both stumbled 1.59 percent, Dairy Farm International and Thai Beverage both tumbled 2.14 percent, DBS Group retreated 1.58 percent, Genting Singapore slumped 1.24 percent, Hongkong Land tanked 2.28 percent, Mapletree Commercial Trust was down 0.53 percent, Mapletree Industrial Trust lost 0.79 percent, Mapletree Logistics Trust declined 1.71 percent, Oversea-Chinese Banking Corporation plummeted 3.32 percent, SATS dropped 1.11 percent, SembCorp Industries dipped 0.67 percent, Singapore Exchange surrendered 1.94 percent, Singapore Technologies Engineering skidded 1.23 percent, SingTel slid 0.72 percent, United Overseas Bank sank 1.14 percent, Wilmar International shed 0.91 percent, Yangzijiang Financial jumped 2.13 percent and Yangzijiang Shipbuilding and Comfort DelGro were unchanged.The lead from Wall Street ends up negative as the major averages spent most of Friday bouncing back and forth across the unchanged line before finally settling in the red.The Dow dropped 98.63 points or 0.30 percent to finish at 32,899.37, while the NASDAQ tumbled 173.04 points or 1.40 percent to end at 12,144.66 and the S&P 500 sank 23.53 points or 0.57 percent to close at 4,123.34. For the week, the NASDAQ slumped 1.5 percent and the Dow and the S&P both eased 0.2 percent.The lower close on Wall Street followed the closely watched Labor Department report showing stronger than expected job growth in April.With the report showing continued strength in the labor market, economists predicted the Federal Reserve will now continue with its plans to raise interest rates sharply over the coming months.Worries about the outlook for interest rates may have weighed on Wall Street along with a continued increase in treasury yields.Crude oil prices closed higher on Friday, and posted a weekly gain as well, amid worries about supply following the European Union's decision proposing some of its toughest measures yet against Russia. West Texas Intermediate Crude oil futures for June ended higher by $1.51 or 1.4 percent at $109.77 a barrel. WTI crude futures gained nearly 5 percent in the week.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062618339,"gmtCreate":1652055612121,"gmtModify":1676535020041,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Hory sheet! Stay vigilant all!","listText":"Hory sheet! Stay vigilant all!","text":"Hory sheet! Stay vigilant all!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062618339","repostId":"1147526470","repostType":2,"repost":{"id":"1147526470","kind":"news","pubTimestamp":1652054686,"share":"https://ttm.financial/m/news/1147526470?lang=en_US&edition=fundamental","pubTime":"2022-05-09 08:04","market":"sg","language":"en","title":"Singapore Shares Expected To Open Under Pressure On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1147526470","media":"RTTNews","summary":"The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points o","content":"<html><head></head><body><p>The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and it&#39;s tipped to open in the red again on Monday.</p><p>The global forecast for the Asian markets is soft on concerns for the global economy and for the outlook for interest rates, with technology stocks particularly likely to slide. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.</p><p>The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.</p><p>For the day, the index retreated 51.68 points or 1.55 percent to finish at 3,291.89 after trading between 3,289.92 and 3,305.72. Volume was 1.60 billion shares worth 1.53 billion Singapore dollars. There were 348 decliners and 54 gainers.</p><p>Among the actives, Ascendas REIT eased 0.35 percent, while CapitaLand Integrated Commercial Trust plunged 3.03 percent, CapitaLand Investment fell 0.75 percent, City Developments and Keppel Corp both stumbled 1.59 percent, Dairy Farm International and Thai Beverage both tumbled 2.14 percent, DBS Group retreated 1.58 percent, Genting Singapore slumped 1.24 percent, Hongkong Land tanked 2.28 percent, Mapletree Commercial Trust was down 0.53 percent, Mapletree Industrial Trust lost 0.79 percent, Mapletree Logistics Trust declined 1.71 percent, Oversea-Chinese Banking Corporation plummeted 3.32 percent, SATS dropped 1.11 percent, SembCorp Industries dipped 0.67 percent, Singapore Exchange surrendered 1.94 percent, Singapore Technologies Engineering skidded 1.23 percent, SingTel slid 0.72 percent, United Overseas Bank sank 1.14 percent, Wilmar International shed 0.91 percent, Yangzijiang Financial jumped 2.13 percent and Yangzijiang Shipbuilding and Comfort DelGro were unchanged.</p><p>The lead from Wall Street ends up negative as the major averages spent most of Friday bouncing back and forth across the unchanged line before finally settling in the red.</p><p>The Dow dropped 98.63 points or 0.30 percent to finish at 32,899.37, while the NASDAQ tumbled 173.04 points or 1.40 percent to end at 12,144.66 and the S&amp;P 500 sank 23.53 points or 0.57 percent to close at 4,123.34. For the week, the NASDAQ slumped 1.5 percent and the Dow and the S&amp;P both eased 0.2 percent.</p><p>The lower close on Wall Street followed the closely watched Labor Department report showing stronger than expected job growth in April.</p><p>With the report showing continued strength in the labor market, economists predicted the Federal Reserve will now continue with its plans to raise interest rates sharply over the coming months.</p><p>Worries about the outlook for interest rates may have weighed on Wall Street along with a continued increase in treasury yields.</p><p>Crude oil prices closed higher on Friday, and posted a weekly gain as well, amid worries about supply following the European Union&#39;s decision proposing some of its toughest measures yet against Russia. West Texas Intermediate Crude oil futures for June ended higher by $1.51 or 1.4 percent at $109.77 a barrel. WTI crude futures gained nearly 5 percent in the week.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Expected To Open Under Pressure On Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Expected To Open Under Pressure On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-09 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and ...</p>\n\n<a href=\"https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3282388/singapore-shares-expected-to-open-under-pressure-on-monday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147526470","content_text":"The Singapore stock market has finished lower in three straight sessions, sinking almost 65 points or 2 percent along the way. The Straits Times Index now rests just above the 3,290-point plateau and it's tipped to open in the red again on Monday.The global forecast for the Asian markets is soft on concerns for the global economy and for the outlook for interest rates, with technology stocks particularly likely to slide. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.For the day, the index retreated 51.68 points or 1.55 percent to finish at 3,291.89 after trading between 3,289.92 and 3,305.72. Volume was 1.60 billion shares worth 1.53 billion Singapore dollars. There were 348 decliners and 54 gainers.Among the actives, Ascendas REIT eased 0.35 percent, while CapitaLand Integrated Commercial Trust plunged 3.03 percent, CapitaLand Investment fell 0.75 percent, City Developments and Keppel Corp both stumbled 1.59 percent, Dairy Farm International and Thai Beverage both tumbled 2.14 percent, DBS Group retreated 1.58 percent, Genting Singapore slumped 1.24 percent, Hongkong Land tanked 2.28 percent, Mapletree Commercial Trust was down 0.53 percent, Mapletree Industrial Trust lost 0.79 percent, Mapletree Logistics Trust declined 1.71 percent, Oversea-Chinese Banking Corporation plummeted 3.32 percent, SATS dropped 1.11 percent, SembCorp Industries dipped 0.67 percent, Singapore Exchange surrendered 1.94 percent, Singapore Technologies Engineering skidded 1.23 percent, SingTel slid 0.72 percent, United Overseas Bank sank 1.14 percent, Wilmar International shed 0.91 percent, Yangzijiang Financial jumped 2.13 percent and Yangzijiang Shipbuilding and Comfort DelGro were unchanged.The lead from Wall Street ends up negative as the major averages spent most of Friday bouncing back and forth across the unchanged line before finally settling in the red.The Dow dropped 98.63 points or 0.30 percent to finish at 32,899.37, while the NASDAQ tumbled 173.04 points or 1.40 percent to end at 12,144.66 and the S&P 500 sank 23.53 points or 0.57 percent to close at 4,123.34. For the week, the NASDAQ slumped 1.5 percent and the Dow and the S&P both eased 0.2 percent.The lower close on Wall Street followed the closely watched Labor Department report showing stronger than expected job growth in April.With the report showing continued strength in the labor market, economists predicted the Federal Reserve will now continue with its plans to raise interest rates sharply over the coming months.Worries about the outlook for interest rates may have weighed on Wall Street along with a continued increase in treasury yields.Crude oil prices closed higher on Friday, and posted a weekly gain as well, amid worries about supply following the European Union's decision proposing some of its toughest measures yet against Russia. West Texas Intermediate Crude oil futures for June ended higher by $1.51 or 1.4 percent at $109.77 a barrel. WTI crude futures gained nearly 5 percent in the week.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069895141,"gmtCreate":1651272853086,"gmtModify":1676534880177,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Not looking good at all, stay on the sidelines people!","listText":"Not looking good at all, stay on the sidelines people!","text":"Not looking good at all, stay on the sidelines people!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069895141","repostId":"2231269104","repostType":2,"repost":{"id":"2231269104","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1651272464,"share":"https://ttm.financial/m/news/2231269104?lang=en_US&edition=fundamental","pubTime":"2022-04-30 06:47","market":"us","language":"en","title":"US STOCKS-Wall Street Closes Sharply Lower on Amazon Slump, Inflation Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=2231269104","media":"Reuters","summary":"$Amazon(AMZN)$ tumbles after results and outlook fall shortApple slips after flagging supply problemsMonthly inflation surged by the most since 2005Indexes end: S&P 500 -3.63%, Nasdaq -4.17%, Dow -2.7","content":"<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> tumbles after results and outlook fall short</li><li>Apple slips after flagging supply problems</li><li>Monthly inflation surged by the most since 2005</li><li>Indexes end: S&amp;P 500 -3.63%, Nasdaq -4.17%, Dow -2.77%</li></ul><p>(Reuters) - Wall Street slid on Friday to its deepest daily losses since 2020, as <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> tumbled 14.05% in its steepest one-day drop since 2006, leaving the widely held stock near two-year lows. Late on Thursday, the e-commerce giant delivered a disappointing quarter and outlook, swamped by higher costs.</p><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, the world&#39;s most valuable company, dropped 3.66% after its disappointing outlook overshadowed record quarterly profit and sales.</p><p>All 11 S&amp;P 500 sector indexes fell, led lower by a 5.9% slide in Consumer Discretionary and a 4.9% drop in Real Estate.</p><p>The S&amp;P 500 logged it largest one-day decline since June 2020. The Nasdaq&#39;s decline was its largest since September 2020.</p><p>Downbeat results and worries about aggressive monetary policy tightening by the Federal Reserve have hammered megacap technology and growth stocks this month.</p><p>The Fed is set to meet next week, with traders betting on a 50-basis-point rate hike to combat surging inflation.</p><p>Ahead of the weekend and the Fed meeting next week, &#34;people are clearing the decks. The disappointing guidance from Apple and Amazon and a few other companies set the stage yesterday for today to be weak and it accelerated as we ended out the day,&#34; said Peter Tuz, President of Chase Investment Counsel in Charlottesville, Virginia.</p><p>The Nasdaq has lost about 13% in April, its worst monthly performance since the global financial crisis in 2008.</p><p>The S&amp;P 500 has fallen 13% so far in 2022, its steepest four-month decline to start any year since 1939.</p><p>Adding to fears on Wall Street, data showed the personal consumption expenditures price index - the Fed&#39;s favored measure of inflation - shot up 0.9% in March after climbing 0.5% in February.</p><p>Signs of aggressive monetary policy tightening. Data on Thursday showed the U.S. economy unexpectedly contracted in the first quarter.</p><p>The, S&amp;P 500 declined 3.63% to end the session at 4,131.93 points.</p><p>The Nasdaq declined 4.17% to 12,334.64 points, while Dow Jones Industrial Average declined 2.77% to 32,977.21 points.</p><p>For the week, the S&amp;P 500 lost 3.3%, the Nasdaq shed 3.9% and the Dow declined 2.5%.</p><p>The S&amp;P 500 has gained or lost 2% or more in a day some 33 times so far in 2022, compared to 24 such days in all of 2021.</p><p><a href=\"https://laohu8.com/S/XOM\">Exxon Mobil Corp</a> slipped 2.24% after it took a $3.4 billion writedown due to its exit from Russia. <a href=\"https://laohu8.com/S/CVX\">Chevron Corp</a> dropped 3.16% after its first-quarter profit underwhelmed.</p><p>The first-quarter earnings season overall has been better than expected so far. Nearly half of the S&amp;P 500 companies have reported through Thursday and 81% of them have topped Wall Street&#39;s expectations. Typically, only 66% beat estimates, according to Refinitiv data.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.91-to-1 ratio; on Nasdaq, a 2.85-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 47 new lows; the Nasdaq Composite recorded 13 new highs and 385 new lows.</p><p>Volume on U.S. exchanges was 12.4 billion shares, compared with an 11.8 billion average over the last 20 trading days.</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>US STOCKS-Wall Street Closes Sharply Lower on Amazon Slump, Inflation Worries</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\">\nUS STOCKS-Wall Street Closes Sharply Lower on Amazon Slump, Inflation Worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-04-30 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> tumbles after results and outlook fall short</li><li>Apple slips after flagging supply problems</li><li>Monthly inflation surged by the most since 2005</li><li>Indexes end: S&amp;P 500 -3.63%, Nasdaq -4.17%, Dow -2.77%</li></ul><p>(Reuters) - Wall Street slid on Friday to its deepest daily losses since 2020, as <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> tumbled 14.05% in its steepest one-day drop since 2006, leaving the widely held stock near two-year lows. Late on Thursday, the e-commerce giant delivered a disappointing quarter and outlook, swamped by higher costs.</p><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, the world&#39;s most valuable company, dropped 3.66% after its disappointing outlook overshadowed record quarterly profit and sales.</p><p>All 11 S&amp;P 500 sector indexes fell, led lower by a 5.9% slide in Consumer Discretionary and a 4.9% drop in Real Estate.</p><p>The S&amp;P 500 logged it largest one-day decline since June 2020. The Nasdaq&#39;s decline was its largest since September 2020.</p><p>Downbeat results and worries about aggressive monetary policy tightening by the Federal Reserve have hammered megacap technology and growth stocks this month.</p><p>The Fed is set to meet next week, with traders betting on a 50-basis-point rate hike to combat surging inflation.</p><p>Ahead of the weekend and the Fed meeting next week, &#34;people are clearing the decks. The disappointing guidance from Apple and Amazon and a few other companies set the stage yesterday for today to be weak and it accelerated as we ended out the day,&#34; said Peter Tuz, President of Chase Investment Counsel in Charlottesville, Virginia.</p><p>The Nasdaq has lost about 13% in April, its worst monthly performance since the global financial crisis in 2008.</p><p>The S&amp;P 500 has fallen 13% so far in 2022, its steepest four-month decline to start any year since 1939.</p><p>Adding to fears on Wall Street, data showed the personal consumption expenditures price index - the Fed&#39;s favored measure of inflation - shot up 0.9% in March after climbing 0.5% in February.</p><p>Signs of aggressive monetary policy tightening. Data on Thursday showed the U.S. economy unexpectedly contracted in the first quarter.</p><p>The, S&amp;P 500 declined 3.63% to end the session at 4,131.93 points.</p><p>The Nasdaq declined 4.17% to 12,334.64 points, while Dow Jones Industrial Average declined 2.77% to 32,977.21 points.</p><p>For the week, the S&amp;P 500 lost 3.3%, the Nasdaq shed 3.9% and the Dow declined 2.5%.</p><p>The S&amp;P 500 has gained or lost 2% or more in a day some 33 times so far in 2022, compared to 24 such days in all of 2021.</p><p><a href=\"https://laohu8.com/S/XOM\">Exxon Mobil Corp</a> slipped 2.24% after it took a $3.4 billion writedown due to its exit from Russia. <a href=\"https://laohu8.com/S/CVX\">Chevron Corp</a> dropped 3.16% after its first-quarter profit underwhelmed.</p><p>The first-quarter earnings season overall has been better than expected so far. Nearly half of the S&amp;P 500 companies have reported through Thursday and 81% of them have topped Wall Street&#39;s expectations. Typically, only 66% beat estimates, according to Refinitiv data.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.91-to-1 ratio; on Nasdaq, a 2.85-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 47 new lows; the Nasdaq Composite recorded 13 new highs and 385 new lows.</p><p>Volume on U.S. exchanges was 12.4 billion shares, compared with an 11.8 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4533":"AQR资本管理(全球第二大对冲基金)","XOM":"埃克森美孚","BK4566":"资本集团",".SPX":"S&P 500 Index","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓",".DJI":"道琼斯","AMZN":"亚马逊","BK4538":"云计算","BK4579":"人工智能","AAPL":"苹果","BK4550":"红杉资本持仓","BK4507":"流媒体概念","BK4548":"巴美列捷福持仓",".IXIC":"NASDAQ Composite","BK4551":"寇图资本持仓","CVX":"雪佛龙","BK4561":"索罗斯持仓","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2231269104","content_text":"Amazon tumbles after results and outlook fall shortApple slips after flagging supply problemsMonthly inflation surged by the most since 2005Indexes end: S&P 500 -3.63%, Nasdaq -4.17%, Dow -2.77%(Reuters) - Wall Street slid on Friday to its deepest daily losses since 2020, as Amazon slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates.Amazon.com Inc tumbled 14.05% in its steepest one-day drop since 2006, leaving the widely held stock near two-year lows. Late on Thursday, the e-commerce giant delivered a disappointing quarter and outlook, swamped by higher costs.Apple Inc, the world's most valuable company, dropped 3.66% after its disappointing outlook overshadowed record quarterly profit and sales.All 11 S&P 500 sector indexes fell, led lower by a 5.9% slide in Consumer Discretionary and a 4.9% drop in Real Estate.The S&P 500 logged it largest one-day decline since June 2020. The Nasdaq's decline was its largest since September 2020.Downbeat results and worries about aggressive monetary policy tightening by the Federal Reserve have hammered megacap technology and growth stocks this month.The Fed is set to meet next week, with traders betting on a 50-basis-point rate hike to combat surging inflation.Ahead of the weekend and the Fed meeting next week, \"people are clearing the decks. The disappointing guidance from Apple and Amazon and a few other companies set the stage yesterday for today to be weak and it accelerated as we ended out the day,\" said Peter Tuz, President of Chase Investment Counsel in Charlottesville, Virginia.The Nasdaq has lost about 13% in April, its worst monthly performance since the global financial crisis in 2008.The S&P 500 has fallen 13% so far in 2022, its steepest four-month decline to start any year since 1939.Adding to fears on Wall Street, data showed the personal consumption expenditures price index - the Fed's favored measure of inflation - shot up 0.9% in March after climbing 0.5% in February.Signs of aggressive monetary policy tightening. Data on Thursday showed the U.S. economy unexpectedly contracted in the first quarter.The, S&P 500 declined 3.63% to end the session at 4,131.93 points.The Nasdaq declined 4.17% to 12,334.64 points, while Dow Jones Industrial Average declined 2.77% to 32,977.21 points.For the week, the S&P 500 lost 3.3%, the Nasdaq shed 3.9% and the Dow declined 2.5%.The S&P 500 has gained or lost 2% or more in a day some 33 times so far in 2022, compared to 24 such days in all of 2021.Exxon Mobil Corp slipped 2.24% after it took a $3.4 billion writedown due to its exit from Russia. Chevron Corp dropped 3.16% after its first-quarter profit underwhelmed.The first-quarter earnings season overall has been better than expected so far. Nearly half of the S&P 500 companies have reported through Thursday and 81% of them have topped Wall Street's expectations. Typically, only 66% beat estimates, according to Refinitiv data.Declining issues outnumbered advancing ones on the NYSE by a 3.91-to-1 ratio; on Nasdaq, a 2.85-to-1 ratio favored decliners.The S&P 500 posted 2 new 52-week highs and 47 new lows; the Nasdaq Composite recorded 13 new highs and 385 new lows.Volume on U.S. exchanges was 12.4 billion shares, compared with an 11.8 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{"AMZN":1,"CVX":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9,"AAPL":0.9,"XOM":0.9}},"isVote":1,"tweetType":1,"viewCount":2738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034432422,"gmtCreate":1647939324177,"gmtModify":1676534282532,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Giga huat!","listText":"Giga huat!","text":"Giga huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034432422","repostId":"1185703919","repostType":2,"repost":{"id":"1185703919","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1647938022,"share":"https://ttm.financial/m/news/1185703919?lang=en_US&edition=fundamental","pubTime":"2022-03-22 16:33","market":"us","language":"en","title":"Tesla Rose Nearly 2% in Premarket Trading after Handing over First Model Ys in German Gigafactory","url":"https://stock-news.laohu8.com/highlight/detail?id=1185703919","media":"Tiger Newspress","summary":"Tesla rose nearly 2% in premarket trading after handing over first Model Ys in German Gigafactory.Te","content":"<html><head></head><body><p>Tesla rose nearly 2% in premarket trading after handing over first Model Ys in German Gigafactory.<img src=\"https://static.tigerbbs.com/4b4271d8fdfd38227e16a3a6ca64ac75\" tg-width=\"769\" tg-height=\"559\" width=\"100%\" height=\"auto\"/>Tesla will on Tuesday hand the first Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant to clients, launching its first European production hub with the biggest investment in a German car factory in recent history.</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>Tesla Rose Nearly 2% in Premarket Trading after Handing over First Model Ys in German Gigafactory</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Rose Nearly 2% in Premarket Trading after Handing over First Model Ys in German Gigafactory\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-22 16:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla rose nearly 2% in premarket trading after handing over first Model Ys in German Gigafactory.<img src=\"https://static.tigerbbs.com/4b4271d8fdfd38227e16a3a6ca64ac75\" tg-width=\"769\" tg-height=\"559\" width=\"100%\" height=\"auto\"/>Tesla will on Tuesday hand the first Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant to clients, launching its first European production hub with the biggest investment in a German car factory in recent history.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185703919","content_text":"Tesla rose nearly 2% in premarket trading after handing over first Model Ys in German Gigafactory.Tesla will on Tuesday hand the first Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant to clients, launching its first European production hub with the biggest investment in a German car factory in recent history.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094580160,"gmtCreate":1645181755857,"gmtModify":1676534006451,"author":{"id":"3569815620136799","authorId":"3569815620136799","name":"ahhuattang","avatar":"https://static.tigerbbs.com/085cbe69a56300c37956a0ee1c806347","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569815620136799","authorIdStr":"3569815620136799"},"themes":[],"htmlText":"Good effort in trying to balance the economy. Somehow this makes me think of USA FEF rate hikes hahaha","listText":"Good effort in trying to balance the economy. Somehow this makes me think of USA FEF rate hikes hahaha","text":"Good effort in trying to balance the economy. Somehow this makes me think of USA FEF rate hikes hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094580160","repostId":"1192590984","repostType":4,"repost":{"id":"1192590984","kind":"news","pubTimestamp":1645178491,"share":"https://ttm.financial/m/news/1192590984?lang=en_US&edition=fundamental","pubTime":"2022-02-18 18:01","market":"sg","language":"en","title":"Singapore Budget 2022 Key Announcements and Highlights","url":"https://stock-news.laohu8.com/highlight/detail?id=1192590984","media":"TodayOnline","summary":"SINGAPORE — The 2022 Budget statement was delivered by Finance Minister Lawrence Wong in Parliament ","content":"<html><head></head><body><p>SINGAPORE — The 2022 Budget statement was delivered by Finance Minister Lawrence Wong in Parliament on Feb 18 at 3.30pm.</p><p>Here are the key announcements and highlights from Mr Wong&#39;s maiden Budget speech.</p><h3>S$3 billion overall deficit expected; Govt to draw S$6 billion from reserves to tackle Covid-19</h3><p>The Government expects a deficit of S$3 billion for Budget 2022, equivalent to about 0.5 per cent of Singapore&#39;s annual economic output.</p><p>The Government is also seeking to drawdown S$6 billion from past reserves to fund upcoming Covid-19 health measures, which would take the total drawdown to S$42.9 billion over the course of the pandemic so far. This figure is less than the S$52 billion drawdown President Halimah Yacob agreed to for FY2020.</p><h3>Assurance Package to offset GST hike increased to S$6.6 billion, with cash payouts for all S&#39;porean adults</h3><p>All adult Singaporeans can expect cash payouts of up to S$1,600 over the next five years. Lower income elderlies are also eligible for additional payments totalling up to S$900.</p><p>These are part of a S$640 million enhancement to the Assurance Package launched to cushion the hike in GST. The package includes more U-Save rebates, MediSave top-ups, CDC Vouchers and community grants.</p><h3>GST increase to be staggered over 2 years, starting from Jan 2023</h3><p>GST will be increased progressively, rising to 8 per cent with effect from Jan 1, 2023, and going up again to 9 per cent in 2024, Finance Minister Lawrence Wong announced.</p><p>Mr Wong said that the decision to stagger the increase was made in view of the prevailing overall situation, such as the ongoing Covid-19 pandemic and inflation outlook, while balancing them with pressing revenue needs.</p><h3>High earners to contribute more as taxes on personal income, property and luxury cars go up</h3><p>Finance Minister Lawrence Wong said there is room for those who earn more to contribute more. Wealth taxes, he said, help to recirculate a portion of the wealth stock into the economy.</p><p>Changes to the property tax will not affect 93 per cent of owner-occupied property, including all HDB flats.</p><h3>Younger workers eligible for Workfare, higher CPF basic retirement sum among moves to strengthen social compact</h3><p>The Workfare Income Supplement scheme will be extended to younger workers, aged 30 to 34. The qualifying income for the Workfare Income Supplement scheme will also be raised from S$2,300 to S$2,500.</p><p>Schemes to help children from lower-income families like KickSTART and UPLIFT will also be expanded nationwide to benefit more families.</p><h3>Carbon tax to go up 5 times to S$25 per tonne in 2024, as Govt aims for net-zero emissions by mid-century</h3><p>This will lead to an increase of about S$4 per month in utility bills for an average household living in a four-room HDB flat, though additional rebates in the form of GST Vouchers will be provided to cushion the impact, Finance Minister Lawrence Wong said.</p><h3>Investments in digital capabilities, people development including 6G tech and helping mid-career workers</h3><p>Finance Minister Lawrence Wong said Singapore needs to stay ahead in the race by investing in various capabilities. These include the digital realm, innovation and the nation&#39;s people, he added.</p><p>As a first priority, the Government will spend S$200 million in the years ahead to build digital capabilities in business and workers. Other objectives include improving infrastructure, making innovation pervasive and strengthening local enterprises.</p><h3>Govt to strengthen &#39;collective risk sharing&#39; and social compact, with the better-off contributing more</h3><p>Finance Minister Lawrence Wong described a social compact for Singapore in which every Singaporean has a stake in society, and that “everyone’s contributions matter”.</p><p>Singapore will not follow the approach of welfare states in Europe, said Mr Wong, but the Government will need to invest more in people and social infrastructure in the coming decade.</p><h3>S$560m immediate support for households via CDC vouchers, utilities rebates and education top-ups</h3><p>Finance Minister Lawrence Wong said that the Government is closely monitoring the risk of rising inflation and cost of living, and he recognises the immediate concerns of businesses and households.</p><p>&#34;(We) will provide significant additional support in this Budget to help them tide over the current period of higher prices,&#34; he added.</p><h3>S$500m immediate relief for businesses, including one-off cash payout for SMEs worst hit by Covid-19 curbs</h3><p>A S$500 million Jobs and Business Support Package, which will provide targeted help for workers and firms hit hard by Covid-19 restrictions, will be rolled out this year. The package will include a new small business grant with eligible companies receiving S$1,000 per local worker, up to S$10,000.</p><p>The Jobs Growth Incentive scheme will also be extended for six months but only for companies that hire mature workers, ex-offenders or persons with disabilities.</p></body></html>","source":"lsy1645178520369","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Budget 2022 Key Announcements and Highlights</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Budget 2022 Key Announcements and Highlights\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-18 18:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.todayonline.com/singapore/live-singapore-budget-2022-1817106><strong>TodayOnline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE — The 2022 Budget statement was delivered by Finance Minister Lawrence Wong in Parliament on Feb 18 at 3.30pm.Here are the key announcements and highlights from Mr Wong's maiden Budget ...</p>\n\n<a href=\"https://www.todayonline.com/singapore/live-singapore-budget-2022-1817106\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.todayonline.com/singapore/live-singapore-budget-2022-1817106","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192590984","content_text":"SINGAPORE — The 2022 Budget statement was delivered by Finance Minister Lawrence Wong in Parliament on Feb 18 at 3.30pm.Here are the key announcements and highlights from Mr Wong's maiden Budget speech.S$3 billion overall deficit expected; Govt to draw S$6 billion from reserves to tackle Covid-19The Government expects a deficit of S$3 billion for Budget 2022, equivalent to about 0.5 per cent of Singapore's annual economic output.The Government is also seeking to drawdown S$6 billion from past reserves to fund upcoming Covid-19 health measures, which would take the total drawdown to S$42.9 billion over the course of the pandemic so far. This figure is less than the S$52 billion drawdown President Halimah Yacob agreed to for FY2020.Assurance Package to offset GST hike increased to S$6.6 billion, with cash payouts for all S'porean adultsAll adult Singaporeans can expect cash payouts of up to S$1,600 over the next five years. Lower income elderlies are also eligible for additional payments totalling up to S$900.These are part of a S$640 million enhancement to the Assurance Package launched to cushion the hike in GST. The package includes more U-Save rebates, MediSave top-ups, CDC Vouchers and community grants.GST increase to be staggered over 2 years, starting from Jan 2023GST will be increased progressively, rising to 8 per cent with effect from Jan 1, 2023, and going up again to 9 per cent in 2024, Finance Minister Lawrence Wong announced.Mr Wong said that the decision to stagger the increase was made in view of the prevailing overall situation, such as the ongoing Covid-19 pandemic and inflation outlook, while balancing them with pressing revenue needs.High earners to contribute more as taxes on personal income, property and luxury cars go upFinance Minister Lawrence Wong said there is room for those who earn more to contribute more. Wealth taxes, he said, help to recirculate a portion of the wealth stock into the economy.Changes to the property tax will not affect 93 per cent of owner-occupied property, including all HDB flats.Younger workers eligible for Workfare, higher CPF basic retirement sum among moves to strengthen social compactThe Workfare Income Supplement scheme will be extended to younger workers, aged 30 to 34. The qualifying income for the Workfare Income Supplement scheme will also be raised from S$2,300 to S$2,500.Schemes to help children from lower-income families like KickSTART and UPLIFT will also be expanded nationwide to benefit more families.Carbon tax to go up 5 times to S$25 per tonne in 2024, as Govt aims for net-zero emissions by mid-centuryThis will lead to an increase of about S$4 per month in utility bills for an average household living in a four-room HDB flat, though additional rebates in the form of GST Vouchers will be provided to cushion the impact, Finance Minister Lawrence Wong said.Investments in digital capabilities, people development including 6G tech and helping mid-career workersFinance Minister Lawrence Wong said Singapore needs to stay ahead in the race by investing in various capabilities. These include the digital realm, innovation and the nation's people, he added.As a first priority, the Government will spend S$200 million in the years ahead to build digital capabilities in business and workers. Other objectives include improving infrastructure, making innovation pervasive and strengthening local enterprises.Govt to strengthen 'collective risk sharing' and social compact, with the better-off contributing moreFinance Minister Lawrence Wong described a social compact for Singapore in which every Singaporean has a stake in society, and that “everyone’s contributions matter”.Singapore will not follow the approach of welfare states in Europe, said Mr Wong, but the Government will need to invest more in people and social infrastructure in the coming decade.S$560m immediate support for households via CDC vouchers, utilities rebates and education top-upsFinance Minister Lawrence Wong said that the Government is closely monitoring the risk of rising inflation and cost of living, and he recognises the immediate concerns of businesses and households.\"(We) will provide significant additional support in this Budget to help them tide over the current period of higher prices,\" he added.S$500m immediate relief for businesses, including one-off cash payout for SMEs worst hit by Covid-19 curbsA S$500 million Jobs and Business Support Package, which will provide targeted help for workers and firms hit hard by Covid-19 restrictions, will be rolled out this year. The package will include a new small business grant with eligible companies receiving S$1,000 per local worker, up to S$10,000.The Jobs Growth Incentive scheme will also be extended for six months but only for companies that hire mature workers, ex-offenders or persons with disabilities.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1002,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}