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Teomylinh

Teomylinh

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10-10

They will be trapped. Good news

Hedge Funds Sold Record Chinese Stocks on Tuesday, Goldman Says

2023-09-22

I think develop a App is better then develop a smartphone. Lower cost.

Nio's Shares in US, Singapore and Hong Kong Markets Fell Over 4% After Launching Smartphone for Use With Company EVs

2021-08-24

Buy buy.

Sorry, the original content has been removed

2021-07-06

I think it is a good move for China to keep a good eyes on china’s listed company in US. Eventually is to protect the interest of investors. To me, it is a good opportunity to buy when people starts panic to sell

Sorry, the original content has been removed

2021-06-09

$Evogene(EVGN)$ARK holding this stock. EVGN will fly soon

2020-12-22

Agree. US has been printing money to support the economic during the Covid-19. I am always how can just printing huge trillion money without any consequences. Probably only the expert can explain when the collapsing will happen. Guess need to take another few years before consequences set in.

The 'single greatest risk' facing Americans could hit within a decade, billionaire warns

2020-12-14

I love this article, it means the stocks of Nio, Xpeng and Li are about to move up to a new high. Thanks for the reverse indicator. I shall buy these shares today onwards?

Sorry, the original content has been removed

Go to Tiger App to see more news

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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\">\nHedge Funds Sold Record Chinese Stocks on Tuesday, Goldman Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-10 13:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-10-10/hedge-funds-sold-record-chinese-stocks-on-tuesday-goldman-says?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Managers sold longs and added to shorts, according to noteTraders returned from weeklong holiday to volatile marketHedge funds sold a record amount of Chinese shares on Tuesday after a weeklong ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-10-10/hedge-funds-sold-record-chinese-stocks-on-tuesday-goldman-says?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数","HSI":"恒生指数","000300.SH":"沪深300"},"source_url":"https://www.bloomberg.com/news/articles/2024-10-10/hedge-funds-sold-record-chinese-stocks-on-tuesday-goldman-says?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105118331","content_text":"Managers sold longs and added to shorts, according to noteTraders returned from weeklong holiday to volatile marketHedge funds sold a record amount of Chinese shares on Tuesday after a weeklong holiday that lacked more major stimulus, according to a Goldman Sachs Group Inc. trader note.“Hedge funds not only unwound their long positions but added shorts to their books as well, with long sells being double the amount of short sells,” according to the note dated Thursday.The biggest-ever daily withdrawal by hedge funds added to volatility in the market on Tuesday, as traders returned from the Golden Week holiday. The National Development and Reform Commission’s failure to deliver on market expectations for more major stimulus led to wild swings and record turnover on the mainland as well as in Hong Kong.The CSI 300 Index started up 11% on Tuesday, then nearly erased those gains and ended up closing 5.9% higher. In Hong Kong, small losses snowballed into a 9.4% drop. Three-quarters of hedge funds’ selling was in A-shares, with the remainder Hong Kong-listed stocks, the Goldman note said.Hot money’s selling stands in contrast to growing optimism about Chinese equities, with Beijing’s recent stimulus blitz causing a flurry of upgrades from global strategists including those at BlackRock Inc. and Goldman Sachs. 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Lower cost.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222545625841736","repostId":"2369101825","repostType":2,"repost":{"id":"2369101825","pubTimestamp":1695346437,"share":"https://ttm.financial/m/news/2369101825?lang=&edition=fundamental","pubTime":"2023-09-22 09:33","market":"hk","language":"en","title":"Nio's Shares in US, Singapore and Hong Kong Markets Fell Over 4% After Launching Smartphone for Use With Company EVs","url":"https://stock-news.laohu8.com/highlight/detail?id=2369101825","media":"StreetInsider","summary":"Chinese electric automaker, Nio Inc.  launched their high-end smartphone Thursday, highlighting the advanced state of EV technologies in the world's biggest auto market.The new phone is designed to be used with its electric vehicles, boasting a surplus of related functions such as using the phone to instruct the car to park itself.Chief Executive William Li said the Nio Phone had more than 30 car-specific functions, including the ability to notify their car to drive itself to their location .\"I believe many of our competitors will learn from our smartphone innovations and I welcome them to do so,\" Li said in a statement.There are three models available, with prices ranging from 6,499 to 7,499 yuan . 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(NYSE: NIO) launched their high-end smartphone Thursday, highlighting the advanced state of EV technologies in the world&#39;s biggest auto market.</p><p>The new phone is designed to be used with its electric vehicles, boasting a surplus of related functions such as using the phone to instruct the car to park itself.</p><p>Chief Executive William Li said the Nio Phone had more than 30 car-specific functions, including the ability to notify their car to drive itself to their location (a feature only available at low speeds in restricted parts of China).</p><p>&#34;I believe many of our competitors will learn from our smartphone innovations and I welcome them to do so,&#34; Li said in a statement.</p><p>There are three models available, with prices ranging from 6,499 to 7,499 yuan ($890 to $1,030). Initially, the phone will only be available for purchase in China, and deliveries are set to commence on September 28th.</p><p>Shares in US, Singapore and Hong Kong markets fell over 4%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/942afbfa9efa4c40902e3348664cc677\" tg-width=\"601\" tg-height=\"614\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c68f6fc95138b97bae6697f7027aeba2\" tg-width=\"601\" tg-height=\"610\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e491c1529ba036cd92f41b8390f6023\" tg-width=\"600\" tg-height=\"609\"/></p><p></p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio's Shares in US, Singapore and Hong Kong Markets Fell Over 4% After Launching Smartphone for Use With Company EVs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio's Shares in US, Singapore and Hong Kong Markets Fell Over 4% After Launching Smartphone for Use With Company EVs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-22 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=22185061><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese electric automaker, Nio Inc. (NYSE: NIO) launched their high-end smartphone Thursday, highlighting the advanced state of EV technologies in the world's biggest auto market.The new phone is ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=22185061\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://www.streetinsider.com/dr/news.php?id=22185061","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2369101825","content_text":"Chinese electric automaker, Nio Inc. (NYSE: NIO) launched their high-end smartphone Thursday, highlighting the advanced state of EV technologies in the world's biggest auto market.The new phone is designed to be used with its electric vehicles, boasting a surplus of related functions such as using the phone to instruct the car to park itself.Chief Executive William Li said the Nio Phone had more than 30 car-specific functions, including the ability to notify their car to drive itself to their location (a feature only available at low speeds in restricted parts of China).\"I believe many of our competitors will learn from our smartphone innovations and I welcome them to do so,\" Li said in a statement.There are three models available, with prices ranging from 6,499 to 7,499 yuan ($890 to $1,030). Initially, the phone will only be available for purchase in China, and deliveries are set to commence on September 28th.Shares in US, Singapore and Hong Kong markets fell over 4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834845769,"gmtCreate":1629793052951,"gmtModify":1676530132775,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"Buy buy.&nbsp;","listText":"Buy buy.&nbsp;","text":"Buy buy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834845769","repostId":"1100467490","repostType":4,"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157136444,"gmtCreate":1625571345788,"gmtModify":1703743977423,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"I think it is a good move for China to keep a good eyes on china’s listed company in US. Eventually is to protect the interest of investors. To me, it is a good opportunity to buy when people starts panic to&nbsp;sell&nbsp;","listText":"I think it is a good move for China to keep a good eyes on china’s listed company in US. Eventually is to protect the interest of investors. To me, it is a good opportunity to buy when people starts panic to&nbsp;sell&nbsp;","text":"I think it is a good move for China to keep a good eyes on china’s listed company in US. Eventually is to protect the interest of investors. To me, it is a good opportunity to buy when people starts panic to sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157136444","repostId":"2149573933","repostType":4,"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189197701,"gmtCreate":1623247366903,"gmtModify":1704199283961,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/EVGN\">$Evogene(EVGN)$</a>ARK holding this stock. EVGN will fly soon&nbsp;","listText":"<a href=\"https://laohu8.com/S/EVGN\">$Evogene(EVGN)$</a>ARK holding this stock. EVGN will fly soon&nbsp;","text":"$Evogene(EVGN)$ARK holding this stock. EVGN will fly soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":1,"link":"https://ttm.financial/post/189197701","isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560307510640662","authorId":"3560307510640662","name":"Louis K Jia Heng","avatar":"https://static.tigerbbs.com/05bb06bcca1cb9cd5016f4c8230c2803","crmLevel":7,"crmLevelSwitch":0,"idStr":"3560307510640662","authorIdStr":"3560307510640662"},"content":"Ark invest pumped then up last year so all of us follow and trap. Hardly move up after feb 2021 corrections","text":"Ark invest pumped then up last year so all of us follow and trap. Hardly move up after feb 2021 corrections","html":"Ark invest pumped then up last year so all of us follow and trap. Hardly move up after feb 2021 corrections"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":330675103,"gmtCreate":1608619234902,"gmtModify":1704975537748,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"Agree. US has been printing money to support the economic&nbsp;during the Covid-19. I am always how can just printing huge trillion&nbsp;money without any consequences. Probably only the&nbsp;expert&nbsp;can explain when the collapsing will happen. Guess need to take another few years before consequences set in.&nbsp;","listText":"Agree. US has been printing money to support the economic&nbsp;during the Covid-19. I am always how can just printing huge trillion&nbsp;money without any consequences. Probably only the&nbsp;expert&nbsp;can explain when the collapsing will happen. Guess need to take another few years before consequences set in.&nbsp;","text":"Agree. US has been printing money to support the economic during the Covid-19. I am always how can just printing huge trillion money without any consequences. Probably only the expert can explain when the collapsing will happen. Guess need to take another few years before consequences set in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/330675103","repostId":"2093748163","repostType":4,"repost":{"id":"2093748163","pubTimestamp":1608606237,"share":"https://ttm.financial/m/news/2093748163?lang=&edition=fundamental","pubTime":"2020-12-22 11:03","market":"us","language":"en","title":"The 'single greatest risk' facing Americans could hit within a decade, billionaire warns","url":"https://stock-news.laohu8.com/highlight/detail?id=2093748163","media":"MarketWatch","summary":"That's Sam Zell, the billionaire real-estate mogul behind Equity Group Investments, warning in a rec","content":"<p>That's Sam Zell, the billionaire real-estate mogul behind Equity Group Investments, warning in a recent RealVision interview that \"a 25% reduction in our standard of living\" could take place if the dollar loses its reserve status, which he says is a very real possibility.</p><p>\"Unlimited debt and irresponsible activity don't lead to positive outcomes,\" he said. \"That's a disastrous kind of scenario.\"</p><p>Zell isn't the only heavy-hitter concerned about what a crumbling dollar could do to the U. S. economy. Bridgewater's Ray Dalio recently warned that \"we're very close\" to losing that status.</p><p>\"The system needs to be re-engineered to do this. But if we don't do this engineering well, we're going to spend in an unlimited way and deal with that by creating debt that won't ever be paid back,\" Dalio told MarketWatch in an interview (https://www.marketwatch.com/story/billionaire-investor-ray-dalio-on-capitalisms-crisis-the-world-is-going-to-change-in-shocking-ways-in-the-next-five-years-2020-09-17) back in September. \"Within the next five years you could see a situation in which foreigners who have been lending money to the United States won't want to.\"</p><p>As for Zell, he also shared his thoughts on the current investing climate in comments from the RealVision interview compiled by Business Insider (https://markets.businessinsider.com/currencies/news/billionaire-investor-sam-zell-questions-tesla-bitcoin-work-from-home-2020-12-1029910959).</p><p>\"We can look at some parts of the stock market today and say, 'Everybody is crazy,'\" he said, \"I look at valuations and see extraordinary numbers that I can't support.\" He pointed specifically to <a href=\"https://laohu8.com/S/AONE\">one</a> of the market's highfliers. \"I can't even begin to give you an intelligent assessment of Tesla (TSLA).\"</p><p>Then there's bitcoin and it's nosebleed ride to record highs.</p><p>\"I am very skeptical, frankly, of bitcoin.\" he said. \"Ultimately, it may be the answer or <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the answers. But right now, it's a world that's extraordinarily populated by chameleons and other fast-talking characters. I don't believe everybody involved in it are the kind of people I'd like to follow. \"</p><p>Finally, Zell also had a message for those confident that they have a pulse on where the market is headed in 2021.</p><p>\"Everybody else seems to have a kind of timing game in their own head. 'Well, I can get out before so and so happens,'\" he said. \"The world is full of skeletons of people who believed they could get out before the bad event came.\"</p><p>Anybody who bought blue chips early in Monday's session enjoyed some great timing, considering the Dow Jones Industrial Average bounced back from a steep retreat early to turn positive. The S&amp;P 500 and the Nasdaq Composite were still in the red.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 'single greatest risk' facing Americans could hit within a decade, billionaire warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 'single greatest risk' facing Americans could hit within a decade, billionaire warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-12-22 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-single-greatest-risk-facing-americans-could-hit-within-a-decade-billionaire-warns-11608578905?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>That's Sam Zell, the billionaire real-estate mogul behind Equity Group Investments, warning in a recent RealVision interview that \"a 25% reduction in our standard of living\" could take place if the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-single-greatest-risk-facing-americans-could-hit-within-a-decade-billionaire-warns-11608578905?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/the-single-greatest-risk-facing-americans-could-hit-within-a-decade-billionaire-warns-11608578905?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2093748163","content_text":"That's Sam Zell, the billionaire real-estate mogul behind Equity Group Investments, warning in a recent RealVision interview that \"a 25% reduction in our standard of living\" could take place if the dollar loses its reserve status, which he says is a very real possibility.\"Unlimited debt and irresponsible activity don't lead to positive outcomes,\" he said. \"That's a disastrous kind of scenario.\"Zell isn't the only heavy-hitter concerned about what a crumbling dollar could do to the U. S. economy. Bridgewater's Ray Dalio recently warned that \"we're very close\" to losing that status.\"The system needs to be re-engineered to do this. But if we don't do this engineering well, we're going to spend in an unlimited way and deal with that by creating debt that won't ever be paid back,\" Dalio told MarketWatch in an interview (https://www.marketwatch.com/story/billionaire-investor-ray-dalio-on-capitalisms-crisis-the-world-is-going-to-change-in-shocking-ways-in-the-next-five-years-2020-09-17) back in September. \"Within the next five years you could see a situation in which foreigners who have been lending money to the United States won't want to.\"As for Zell, he also shared his thoughts on the current investing climate in comments from the RealVision interview compiled by Business Insider (https://markets.businessinsider.com/currencies/news/billionaire-investor-sam-zell-questions-tesla-bitcoin-work-from-home-2020-12-1029910959).\"We can look at some parts of the stock market today and say, 'Everybody is crazy,'\" he said, \"I look at valuations and see extraordinary numbers that I can't support.\" He pointed specifically to one of the market's highfliers. \"I can't even begin to give you an intelligent assessment of Tesla (TSLA).\"Then there's bitcoin and it's nosebleed ride to record highs.\"I am very skeptical, frankly, of bitcoin.\" he said. \"Ultimately, it may be the answer or one of the answers. But right now, it's a world that's extraordinarily populated by chameleons and other fast-talking characters. I don't believe everybody involved in it are the kind of people I'd like to follow. \"Finally, Zell also had a message for those confident that they have a pulse on where the market is headed in 2021.\"Everybody else seems to have a kind of timing game in their own head. 'Well, I can get out before so and so happens,'\" he said. \"The world is full of skeletons of people who believed they could get out before the bad event came.\"Anybody who bought blue chips early in Monday's session enjoyed some great timing, considering the Dow Jones Industrial Average bounced back from a steep retreat early to turn positive. The S&P 500 and the Nasdaq Composite were still in the red.","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":394389639,"gmtCreate":1607945928221,"gmtModify":1704972405173,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"I love this article, it means the stocks of Nio, Xpeng and Li are about to move up to a new high. Thanks for the reverse indicator. I shall buy these shares today onwards?","listText":"I love this article, it means the stocks of Nio, Xpeng and Li are about to move up to a new high. Thanks for the reverse indicator. I shall buy these shares today onwards?","text":"I love this article, it means the stocks of Nio, Xpeng and Li are about to move up to a new high. Thanks for the reverse indicator. I shall buy these shares today onwards?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/394389639","repostId":"1176922013","repostType":4,"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":189197701,"gmtCreate":1623247366903,"gmtModify":1704199283961,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/EVGN\">$Evogene(EVGN)$</a>ARK holding this stock. EVGN will fly soon&nbsp;","listText":"<a href=\"https://laohu8.com/S/EVGN\">$Evogene(EVGN)$</a>ARK holding this stock. EVGN will fly soon&nbsp;","text":"$Evogene(EVGN)$ARK holding this stock. EVGN will fly soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":1,"link":"https://ttm.financial/post/189197701","isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560307510640662","authorId":"3560307510640662","name":"Louis K Jia Heng","avatar":"https://static.tigerbbs.com/05bb06bcca1cb9cd5016f4c8230c2803","crmLevel":7,"crmLevelSwitch":0,"idStr":"3560307510640662","authorIdStr":"3560307510640662"},"content":"Ark invest pumped then up last year so all of us follow and trap. Hardly move up after feb 2021 corrections","text":"Ark invest pumped then up last year so all of us follow and trap. Hardly move up after feb 2021 corrections","html":"Ark invest pumped then up last year so all of us follow and trap. Hardly move up after feb 2021 corrections"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157136444,"gmtCreate":1625571345788,"gmtModify":1703743977423,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"I think it is a good move for China to keep a good eyes on china’s listed company in US. Eventually is to protect the interest of investors. To me, it is a good opportunity to buy when people starts panic to&nbsp;sell&nbsp;","listText":"I think it is a good move for China to keep a good eyes on china’s listed company in US. Eventually is to protect the interest of investors. To me, it is a good opportunity to buy when people starts panic to&nbsp;sell&nbsp;","text":"I think it is a good move for China to keep a good eyes on china’s listed company in US. Eventually is to protect the interest of investors. To me, it is a good opportunity to buy when people starts panic to sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157136444","repostId":"2149573933","repostType":4,"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":394389639,"gmtCreate":1607945928221,"gmtModify":1704972405173,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"I love this article, it means the stocks of Nio, Xpeng and Li are about to move up to a new high. Thanks for the reverse indicator. I shall buy these shares today onwards?","listText":"I love this article, it means the stocks of Nio, Xpeng and Li are about to move up to a new high. Thanks for the reverse indicator. I shall buy these shares today onwards?","text":"I love this article, it means the stocks of Nio, Xpeng and Li are about to move up to a new high. Thanks for the reverse indicator. I shall buy these shares today onwards?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/394389639","repostId":"1176922013","repostType":4,"repost":{"id":"1176922013","pubTimestamp":1607930770,"share":"https://ttm.financial/m/news/1176922013?lang=&edition=fundamental","pubTime":"2020-12-14 15:26","market":"us","language":"en","title":"NIO, Xpeng, and Li Auto Are Not the Next Tesla. Why It’s Time to Unplug From Chinese EV Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1176922013","media":"marketwatch","summary":"Electric vehicles are the future of the auto industry, so it’s no surprise they have captured Wall S","content":"<p>Electric vehicles are the future of the auto industry, so it’s no surprise they have captured Wall Street’s imagination, especially in this pandemic-plagued year when so many other businesses are starved for growth.</p>\n<p>Consider the rise in the American depositary receipts of three Chinese EV companies—Nio, XPeng, and Li Auto.XPeng’sADRs (ticker: XPEV) have tripled, to a recent $44.52, since the company’s Aug. 27 initial public offering, whileLi Auto(LI) is up 180%, to $32, from its July 30 IPO. ButNIO(NIO), which came public in September 2018, puts both to shame: Its ADRs are up nearly 600%, to $44, spurred by Chinese state subsidies, falling battery costs, and a rebound in car sales in China.</p>\n<p>It can be hard to part with a stock after such enormous gains, but taking profits in the Chinese EV trio looks like the prudent thing to do. First, all three are richly valued: XPeng trades for more than 15 times 2021 estimated sales. NIO fetches 11 times sales, and Li, about 10 times sales. None will have substantial profits for at least a couple more years.</p>\n<p>The Chinese EV companies also face several industry, government, and market risks. Chinese state subsidies are falling and could expire, while EV competition is growing in China. Moreover, a recent bill passed by Congress to delist Chinese companies whose accounting practices don’t measure up to U.S. standards could put an unwelcome focus on these companies’ bookkeeping. (See“Delisting Chinese Companies Could Be Bad for Investors. But It’s the Right Thing to Do.”.)</p>\n<p>Then there’s the promise of imminent Covid vaccines, which could hasten the market’s rotation away from high-flying growth stocks and into the beaten-down shares of companies hurt most by the virus’ spread and the global economy’s struggles. That shift began last month, and many market strategists expect it to gather momentum in 2021.</p>\n<p>A growing awareness of the risks has clipped the shares of NIO, XPeng, and Li by an average of 30% since late November. But more losses could be in store.</p>\n<p>Looking for the Next TeslaInvestors have sky-high hopes for three U.S.-traded Chinese EV makers.</p>\n<table>\n <thead>\n  <tr>\n   <th>Company / Ticker</th>\n   <th>YTD Change</th>\n   <th>Maket Value (bil)</th>\n   <th>Price / 2021E Revenue</th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td>TESLA / TSLA</td>\n   <td>650%</td>\n   <td>$578</td>\n   <td>12.8</td>\n  </tr>\n  <tr>\n   <td>NIO / NIO</td>\n   <td>1,025</td>\n   <td>58</td>\n   <td>11.4</td>\n  </tr>\n  <tr>\n   <td>XPeng / XPEV</td>\n   <td>199*</td>\n   <td>35</td>\n   <td>15.3</td>\n  </tr>\n  <tr>\n   <td>Li Auto / LI</td>\n   <td>183**</td>\n   <td>28</td>\n   <td>10.0</td>\n  </tr>\n </tbody>\n</table>\n<p>*Since August 27 IPO. ** Since July 30 IPO. EV=Enterprise Value; E=Estimate.</p>\n<p>Sources: Bloomberg; FactSet</p>\n<p>Motivated by environmental concerns, China has said it wants battery-operated vehicles to total 50% of all vehicles sold in the country by 2035. That’s up from about 5% this year. To accelerate EV adoption, Beijing has ladled out subsidies that total up to 30% of a vehicle’s cost. The government offers subsidies to consumers and Chinese auto manufacturers. It also provides infrastructure support and zero-emission-regulator credit programs, similar to those that benefitTesla(TSLA), the U.S. EV leader.</p>\n<p>While all three U.S.-traded Chinese EV companies seek to capitalize on the country’s push toward electrification, each has its own strategy. Shanghai-based NIO, the largest in vehicle sales, will sell an EV without a battery, which it then leases to the car buyer for about $140 a month. That includes six monthly battery swaps at NIO-owned service stations, good for about 1,500 miles of driving. Separating the car and battery purchases makes the cars cheaper, and thus more attractive to buyers.</p>\n<p>NIO delivered 36,721 vehicles year-to-date, up 111% compared with 2019. The company has sold approximately 69,000 vehicles since its founding in 2014. Like XPeng and Li, NIO sells only in China, although NIO and XPeng plans to sell cars abroad in the future. The company has three models; its best-selling ES6 premium sport-utility vehicle retails for just under $60,000, before subsidies. NIO rang up sales of about $1.8 billion in the past 12 months; analysts see revenue reaching $4.6 billion in 2021.</p>\n<p>Li Auto, founded in 2015, sells cars with a gasoline generator that can recharge the battery when a plug isn’t available. The Li ONE SUV, the company’s only model, sells for 328,000 yuan or $50,000 before subsidies. Beijing-based Li began shipping late last year; it has delivered 26,498 so far in 2020. The company generated about $775 million in sales in the past year. Analysts project sales of $2.7 billion in 2021.</p>\n<p>XPeng, headquartered in Guangzhou, sells a sedan and an SUV, and has invested heavily in autonomous driving technology. The company hosted an event in China in October where it compared its self-driving solutions to those of Tesla, a pioneer in the field.</p>\n<p>XPeng, founded in 2014, has delivered 21,341 vehicles year-to-date, up 87% from last year. The company’s G3 SUV sells for about $25,000 before subsidies, and its P7 luxury sedan retails for about $50,000. Revenue is expected to reach $2.1 billion next year, up 300% from about $530 million in the past 12 months.</p>\n<p><img src=\"https://static.tigerbbs.com/231a56e2bafe2a50c9b5e142ebae73b5\" tg-width=\"620\" tg-height=\"413\">ILLUSTRATION BY HARRY CAMPBELL</p>\n<p>As these numbers imply, the gains in Chinese EV stocks aren’t entirely undeserved. In upgrading NIO from Sell to Neutral earlier this month, Goldman Sachs analyst Fei Fang explained what he had gotten wrong about the Chinese EV landscape. Penetration has been much faster than expected: Fang now expects EVs to account for 20% of new car sales in China in 2025, up from 5% in 2020, hitting the higher mark four years earlier than he had anticipated.</p>\n<p>NIO is expected to turn profitable in 2022 and earn 79 cents a share in 2023. XPeng is likely to lose money in 2022; Li could make 20 cents a share.</p>\n<p>Visions of higher profits—and comparisons with Tesla, which fetches 117 times 2022 estimated earnings—have helped stoke investor enthusiasm for Chinese EV stocks, which now sport market capitalizations approaching those of traditional auto makers. NIO is valued at about $58 billion; XPeng, at $35 billion; and Li at $28 billion.</p>\n<p>General Motors(GM) has a market cap of $61 billion, andFord Motor’s(F) is $36 billion. GM, Ford, and Fiat Chrysler Automobiles(FCAU) together sell more than 17 million vehicles a year. XPeng, NIO, and Li might crack 100,000 in 2020.</p>\n<p>NIO declined to comment on the stock’s ascent or its valuation, although Rui Chen, director of investor relations, says, “We are encouraged by our momentum and [the] positive progress of our fundamentals.”</p>\n<p>XPeng declined to make executives available for this story, and Li didn’t respond to<i>Barron’s</i>emails and calls.</p>\n<p>High valuations aren’t a reason to sell a stock—just ask anyone who bet against Tesla, whose shares have soared about 650% this year. But China’s EV upstarts face potential risks that don’t appear to be factored into their stock prices. Subsidies, for instance, were due to be cut in 2020, until the pandemic hit. With vehicle sales plummeting 79% in February from a year earlier, the government reversed course and extended EV subsidies, helping sales revive.</p>\n<p>Subsidy cuts aren’t off the table, however. Direct-purchase subsidies are expected to fall 10%, 20%, and 30%, respectively, over each of the next three years from 2019 levels, according to XPeng’s regulatory filings.</p>\n<p>Competition also is heating up. NIO, XPeng, and Li are selling everything they can build and trying to ramp up production, but their inability to do so quickly enough could leave an opening for other auto makers. BYD(1211.Hong Kong), already a large player in China, is planning new EVs for the Chinese market in 2021, as are GM, Volkswagen(VOW3.Germany), and BMW(BMW.Germany), among others.</p>\n<p>China is also a critical market for Tesla, which sold about 22,000 Model 3 sedans there in November, and just received approval to sell its Chinese-built Model Y crossover. The company’s China operations are worth around $100 billion, according to Wedbush analyst Dan Ives. That’s enough to make Tesla China the third-most-valuable auto maker in the world. Based on its total market value of $578 billion, Tesla is the world’s most richly valued car company.</p>\n<p>In downgrading XPeng stock on Dec. 3 from Buy to the equivalent of Hold, UBS analyst Paul Gong cited the possibility of “intensified headwinds faced by [the] XPeng P7 in light of Tesla Model Y launches and BYD Han’s competitive pricing in the larger-size segment.”</p>\n<p>Gong puts XPeng’s “fundamental” value at $40 a share, based on a discounted cash-flow analysis. But his stock-price target, $59, is benchmarked to Tesla’s current 12-month forward market value to sales. The gap between his price target and fundamental-value estimate is another thing that might give investors pause. Gong didn’t respond to<i>Barron’s</i>calls or emails.</p>\n<p>Accounting issues, too, have surfaced at two Chinese EV makers. In filings this year with the Securities and Exchange Commission, both XPeng and Li identified what they called material weaknesses in accounting controls. Both cited insufficient staff with an understanding of accounting principles followed by U.S. corporations. In a prospectus for a secondary stock offering filed on Dec. 7, XPeng said it was implementing changes to address the problem.</p>\n<p>The possible risks are twofold: Accounting errors can lead to subsequent restatement of a company’s financial results, something investors generally frown upon. But the issue could be more fraught now that the House of Representatives has unanimously passed a bill, approved earlier by the Senate, that could lead to the delisting of Chinese companies from U.S. stock exchanges if their accounting isn’t compliant with U.S. audit oversight rules within three years. NIO has said it believes it is in compliance with the new law.</p>\n<p>The aforementioned risks don’t pose an immediate threat to Chinese EV stocks, but current valuations leave little margin for error. All three companies have sold stock in secondary offerings this year, taking advantage of the strong market to raise more cash. Li sold more shares on Dec. 4, just 127 days after its IPO, for $29 apiece, and XPeng sold stock on Dec. 9 for $45 a share. NIO sold stock at $17 in August, and filed Thursday to sell more.</p>\n<p>Holders of NIO, XPeng, and Li might want to follow the companies’ lead. China’s EV ambitions are grand, and offer enormous potential for profits. But chances are investors will get a cheaper entry point in shares of these companies somewhere down the road.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO, Xpeng, and Li Auto Are Not the Next Tesla. Why It’s Time to Unplug From Chinese EV Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO, Xpeng, and Li Auto Are Not the Next Tesla. Why It’s Time to Unplug From Chinese EV Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-12-14 15:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/nio-xpeng-and-li-auto-are-not-the-next-tesla-why-its-time-to-unplug-from-chinese-ev-stocks-51607733438?mod=mw_more_headlines><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicles are the future of the auto industry, so it’s no surprise they have captured Wall Street’s imagination, especially in this pandemic-plagued year when so many other businesses are ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/nio-xpeng-and-li-auto-are-not-the-next-tesla-why-its-time-to-unplug-from-chinese-ev-stocks-51607733438?mod=mw_more_headlines\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来","LI":"理想汽车"},"source_url":"https://www.marketwatch.com/articles/nio-xpeng-and-li-auto-are-not-the-next-tesla-why-its-time-to-unplug-from-chinese-ev-stocks-51607733438?mod=mw_more_headlines","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176922013","content_text":"Electric vehicles are the future of the auto industry, so it’s no surprise they have captured Wall Street’s imagination, especially in this pandemic-plagued year when so many other businesses are starved for growth.\nConsider the rise in the American depositary receipts of three Chinese EV companies—Nio, XPeng, and Li Auto.XPeng’sADRs (ticker: XPEV) have tripled, to a recent $44.52, since the company’s Aug. 27 initial public offering, whileLi Auto(LI) is up 180%, to $32, from its July 30 IPO. ButNIO(NIO), which came public in September 2018, puts both to shame: Its ADRs are up nearly 600%, to $44, spurred by Chinese state subsidies, falling battery costs, and a rebound in car sales in China.\nIt can be hard to part with a stock after such enormous gains, but taking profits in the Chinese EV trio looks like the prudent thing to do. First, all three are richly valued: XPeng trades for more than 15 times 2021 estimated sales. NIO fetches 11 times sales, and Li, about 10 times sales. None will have substantial profits for at least a couple more years.\nThe Chinese EV companies also face several industry, government, and market risks. Chinese state subsidies are falling and could expire, while EV competition is growing in China. Moreover, a recent bill passed by Congress to delist Chinese companies whose accounting practices don’t measure up to U.S. standards could put an unwelcome focus on these companies’ bookkeeping. (See“Delisting Chinese Companies Could Be Bad for Investors. But It’s the Right Thing to Do.”.)\nThen there’s the promise of imminent Covid vaccines, which could hasten the market’s rotation away from high-flying growth stocks and into the beaten-down shares of companies hurt most by the virus’ spread and the global economy’s struggles. That shift began last month, and many market strategists expect it to gather momentum in 2021.\nA growing awareness of the risks has clipped the shares of NIO, XPeng, and Li by an average of 30% since late November. But more losses could be in store.\nLooking for the Next TeslaInvestors have sky-high hopes for three U.S.-traded Chinese EV makers.\n\n\n\nCompany / Ticker\nYTD Change\nMaket Value (bil)\nPrice / 2021E Revenue\n\n\n\n\nTESLA / TSLA\n650%\n$578\n12.8\n\n\nNIO / NIO\n1,025\n58\n11.4\n\n\nXPeng / XPEV\n199*\n35\n15.3\n\n\nLi Auto / LI\n183**\n28\n10.0\n\n\n\n*Since August 27 IPO. ** Since July 30 IPO. EV=Enterprise Value; E=Estimate.\nSources: Bloomberg; FactSet\nMotivated by environmental concerns, China has said it wants battery-operated vehicles to total 50% of all vehicles sold in the country by 2035. That’s up from about 5% this year. To accelerate EV adoption, Beijing has ladled out subsidies that total up to 30% of a vehicle’s cost. The government offers subsidies to consumers and Chinese auto manufacturers. It also provides infrastructure support and zero-emission-regulator credit programs, similar to those that benefitTesla(TSLA), the U.S. EV leader.\nWhile all three U.S.-traded Chinese EV companies seek to capitalize on the country’s push toward electrification, each has its own strategy. Shanghai-based NIO, the largest in vehicle sales, will sell an EV without a battery, which it then leases to the car buyer for about $140 a month. That includes six monthly battery swaps at NIO-owned service stations, good for about 1,500 miles of driving. Separating the car and battery purchases makes the cars cheaper, and thus more attractive to buyers.\nNIO delivered 36,721 vehicles year-to-date, up 111% compared with 2019. The company has sold approximately 69,000 vehicles since its founding in 2014. Like XPeng and Li, NIO sells only in China, although NIO and XPeng plans to sell cars abroad in the future. The company has three models; its best-selling ES6 premium sport-utility vehicle retails for just under $60,000, before subsidies. NIO rang up sales of about $1.8 billion in the past 12 months; analysts see revenue reaching $4.6 billion in 2021.\nLi Auto, founded in 2015, sells cars with a gasoline generator that can recharge the battery when a plug isn’t available. The Li ONE SUV, the company’s only model, sells for 328,000 yuan or $50,000 before subsidies. Beijing-based Li began shipping late last year; it has delivered 26,498 so far in 2020. The company generated about $775 million in sales in the past year. Analysts project sales of $2.7 billion in 2021.\nXPeng, headquartered in Guangzhou, sells a sedan and an SUV, and has invested heavily in autonomous driving technology. The company hosted an event in China in October where it compared its self-driving solutions to those of Tesla, a pioneer in the field.\nXPeng, founded in 2014, has delivered 21,341 vehicles year-to-date, up 87% from last year. The company’s G3 SUV sells for about $25,000 before subsidies, and its P7 luxury sedan retails for about $50,000. Revenue is expected to reach $2.1 billion next year, up 300% from about $530 million in the past 12 months.\nILLUSTRATION BY HARRY CAMPBELL\nAs these numbers imply, the gains in Chinese EV stocks aren’t entirely undeserved. In upgrading NIO from Sell to Neutral earlier this month, Goldman Sachs analyst Fei Fang explained what he had gotten wrong about the Chinese EV landscape. Penetration has been much faster than expected: Fang now expects EVs to account for 20% of new car sales in China in 2025, up from 5% in 2020, hitting the higher mark four years earlier than he had anticipated.\nNIO is expected to turn profitable in 2022 and earn 79 cents a share in 2023. XPeng is likely to lose money in 2022; Li could make 20 cents a share.\nVisions of higher profits—and comparisons with Tesla, which fetches 117 times 2022 estimated earnings—have helped stoke investor enthusiasm for Chinese EV stocks, which now sport market capitalizations approaching those of traditional auto makers. NIO is valued at about $58 billion; XPeng, at $35 billion; and Li at $28 billion.\nGeneral Motors(GM) has a market cap of $61 billion, andFord Motor’s(F) is $36 billion. GM, Ford, and Fiat Chrysler Automobiles(FCAU) together sell more than 17 million vehicles a year. XPeng, NIO, and Li might crack 100,000 in 2020.\nNIO declined to comment on the stock’s ascent or its valuation, although Rui Chen, director of investor relations, says, “We are encouraged by our momentum and [the] positive progress of our fundamentals.”\nXPeng declined to make executives available for this story, and Li didn’t respond toBarron’semails and calls.\nHigh valuations aren’t a reason to sell a stock—just ask anyone who bet against Tesla, whose shares have soared about 650% this year. But China’s EV upstarts face potential risks that don’t appear to be factored into their stock prices. Subsidies, for instance, were due to be cut in 2020, until the pandemic hit. With vehicle sales plummeting 79% in February from a year earlier, the government reversed course and extended EV subsidies, helping sales revive.\nSubsidy cuts aren’t off the table, however. Direct-purchase subsidies are expected to fall 10%, 20%, and 30%, respectively, over each of the next three years from 2019 levels, according to XPeng’s regulatory filings.\nCompetition also is heating up. NIO, XPeng, and Li are selling everything they can build and trying to ramp up production, but their inability to do so quickly enough could leave an opening for other auto makers. BYD(1211.Hong Kong), already a large player in China, is planning new EVs for the Chinese market in 2021, as are GM, Volkswagen(VOW3.Germany), and BMW(BMW.Germany), among others.\nChina is also a critical market for Tesla, which sold about 22,000 Model 3 sedans there in November, and just received approval to sell its Chinese-built Model Y crossover. The company’s China operations are worth around $100 billion, according to Wedbush analyst Dan Ives. That’s enough to make Tesla China the third-most-valuable auto maker in the world. Based on its total market value of $578 billion, Tesla is the world’s most richly valued car company.\nIn downgrading XPeng stock on Dec. 3 from Buy to the equivalent of Hold, UBS analyst Paul Gong cited the possibility of “intensified headwinds faced by [the] XPeng P7 in light of Tesla Model Y launches and BYD Han’s competitive pricing in the larger-size segment.”\nGong puts XPeng’s “fundamental” value at $40 a share, based on a discounted cash-flow analysis. But his stock-price target, $59, is benchmarked to Tesla’s current 12-month forward market value to sales. The gap between his price target and fundamental-value estimate is another thing that might give investors pause. Gong didn’t respond toBarron’scalls or emails.\nAccounting issues, too, have surfaced at two Chinese EV makers. In filings this year with the Securities and Exchange Commission, both XPeng and Li identified what they called material weaknesses in accounting controls. Both cited insufficient staff with an understanding of accounting principles followed by U.S. corporations. In a prospectus for a secondary stock offering filed on Dec. 7, XPeng said it was implementing changes to address the problem.\nThe possible risks are twofold: Accounting errors can lead to subsequent restatement of a company’s financial results, something investors generally frown upon. But the issue could be more fraught now that the House of Representatives has unanimously passed a bill, approved earlier by the Senate, that could lead to the delisting of Chinese companies from U.S. stock exchanges if their accounting isn’t compliant with U.S. audit oversight rules within three years. NIO has said it believes it is in compliance with the new law.\nThe aforementioned risks don’t pose an immediate threat to Chinese EV stocks, but current valuations leave little margin for error. All three companies have sold stock in secondary offerings this year, taking advantage of the strong market to raise more cash. Li sold more shares on Dec. 4, just 127 days after its IPO, for $29 apiece, and XPeng sold stock on Dec. 9 for $45 a share. NIO sold stock at $17 in August, and filed Thursday to sell more.\nHolders of NIO, XPeng, and Li might want to follow the companies’ lead. China’s EV ambitions are grand, and offer enormous potential for profits. But chances are investors will get a cheaper entry point in shares of these companies somewhere down the road.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834845769,"gmtCreate":1629793052951,"gmtModify":1676530132775,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"Buy buy.&nbsp;","listText":"Buy buy.&nbsp;","text":"Buy buy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834845769","repostId":"1100467490","repostType":4,"repost":{"id":"1100467490","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":1629792101,"share":"https://ttm.financial/m/news/1100467490?lang=&edition=fundamental","pubTime":"2021-08-24 16:01","market":"us","language":"en","title":"Hot chinese concept stocks surged in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1100467490","media":"Tiger Newspress","summary":"Hot chinese concept stocks surged in premarket trading.Alibaba,Pinduoduo,JD.com,Baidu,NIO,Didi Global and Bilibili climbed between 2% and 8%.Chinese technology stocks rallied for a second day, as sentiment was boosted by Tencent Holdings Ltd.’s stock buyback and as Cathie Wood bought back into JD.com after a strong set of results.The Hang Seng Tech Index extended its advance to as much as 7.1%, adding to a gain of more than 2% on Monday, after a five-week rout that took the gauge to the lowest l","content":"<p>Hot&nbsp;chinese&nbsp;concept&nbsp;stocks&nbsp;surged&nbsp;in&nbsp;premarket&nbsp;trading.Alibaba,Pinduoduo,JD.com,Baidu,NIO,Didi Global&nbsp;and&nbsp;Bilibili&nbsp;climbed between 2% and 8%.</p>\n<p><img src=\"https://static.tigerbbs.com/40a95d9087ea972c64d7dbb5cc90dba4\" tg-width=\"360\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p>\n<p>Chinese technology stocks rallied for a second day, as sentiment was boosted by&nbsp;Tencent Holdings Ltd.’s stock buyback and as Cathie Wood bought back into&nbsp;JD.com&nbsp;after a strong set of results.</p>\n<p>The Hang Seng Tech Index extended its advance to as much as 7.1%, adding to a gain of more than 2% on Monday, after a five-week rout that took the gauge to the lowest level since inception last year.</p>\n<p>While there’s no indication that China’s regulatory will ease, the absence of significant new initiatives in recent days has helped draw in bargain hunters. </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>Hot chinese concept stocks surged 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\">\nHot chinese concept stocks surged 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\">2021-08-24 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hot&nbsp;chinese&nbsp;concept&nbsp;stocks&nbsp;surged&nbsp;in&nbsp;premarket&nbsp;trading.Alibaba,Pinduoduo,JD.com,Baidu,NIO,Didi Global&nbsp;and&nbsp;Bilibili&nbsp;climbed between 2% and 8%.</p>\n<p><img src=\"https://static.tigerbbs.com/40a95d9087ea972c64d7dbb5cc90dba4\" tg-width=\"360\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p>\n<p>Chinese technology stocks rallied for a second day, as sentiment was boosted by&nbsp;Tencent Holdings Ltd.’s stock buyback and as Cathie Wood bought back into&nbsp;JD.com&nbsp;after a strong set of results.</p>\n<p>The Hang Seng Tech Index extended its advance to as much as 7.1%, adding to a gain of more than 2% on Monday, after a five-week rout that took the gauge to the lowest level since inception last year.</p>\n<p>While there’s no indication that China’s regulatory will ease, the absence of significant new initiatives in recent days has helped draw in bargain hunters. </p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","PDD":"拼多多","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100467490","content_text":"Hot chinese concept stocks surged in premarket trading.Alibaba,Pinduoduo,JD.com,Baidu,NIO,Didi Global and Bilibili climbed between 2% and 8%.\n\nChinese technology stocks rallied for a second day, as sentiment was boosted by Tencent Holdings Ltd.’s stock buyback and as Cathie Wood bought back into JD.com after a strong set of results.\nThe Hang Seng Tech Index extended its advance to as much as 7.1%, adding to a gain of more than 2% on Monday, after a five-week rout that took the gauge to the lowest level since inception last year.\nWhile there’s no indication that China’s regulatory will ease, the absence of significant new initiatives in recent days has helped draw in bargain hunters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358529706729552,"gmtCreate":1728539994908,"gmtModify":1728539998754,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"They will be trapped. Good news&nbsp;","listText":"They will be trapped. Good news&nbsp;","text":"They will be trapped. Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358529706729552","repostId":"1105118331","repostType":2,"repost":{"id":"1105118331","pubTimestamp":1728538786,"share":"https://ttm.financial/m/news/1105118331?lang=&edition=fundamental","pubTime":"2024-10-10 13:39","market":"hk","language":"en","title":"Hedge Funds Sold Record Chinese Stocks on Tuesday, Goldman Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1105118331","media":"Bloomberg","summary":"Managers sold longs and added to shorts, according to noteTraders returned from weeklong holiday to volatile marketHedge funds sold a record amount of Chinese shares on Tuesday after a weeklong holida","content":"<html><head></head><body><ul style=\"\"><li><p>Managers sold longs and added to shorts, according to note</p></li><li><p>Traders returned from weeklong holiday to volatile market</p></li></ul><p>Hedge funds sold a record amount of Chinese shares on Tuesday after a weeklong holiday that lacked more major stimulus, according to a Goldman Sachs Group Inc. trader note.</p><p style=\"text-align: start;\">“Hedge funds not only unwound their long positions but added shorts to their books as well, with long sells being double the amount of short sells,” according to the note dated Thursday.</p><p style=\"text-align: start;\">The biggest-ever daily withdrawal by hedge funds added to volatility in the market on Tuesday, as traders returned from the Golden Week holiday. The National Development and Reform Commission’s failure to deliver on market expectations for more major stimulus led to wild swings and record turnover on the mainland as well as in Hong Kong.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3d8c68df87eb04ab0fbe9f2288a9ae6d\" tg-width=\"1200\" tg-height=\"675\"/></p><p>The CSI 300 Index started up 11% on Tuesday, then nearly erased those gains and ended up closing 5.9% higher. In Hong Kong, small losses snowballed into a 9.4% drop. Three-quarters of hedge funds’ selling was in A-shares, with the remainder Hong Kong-listed stocks, the Goldman note said.</p><p>Hot money’s selling stands in contrast to growing optimism about Chinese equities, with Beijing’s recent stimulus blitz causing a flurry of upgrades from global strategists including those at BlackRock Inc. and Goldman Sachs. The CSI 300 remains more than 25% above a low reached in September even as volatility has increased.</p><p style=\"text-align: start;\">Traders now await the outcome of the government’s planned briefing on fiscal policy due Saturday.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hedge Funds Sold Record Chinese Stocks on Tuesday, Goldman 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\">\nHedge Funds Sold Record Chinese Stocks on Tuesday, Goldman Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-10 13:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-10-10/hedge-funds-sold-record-chinese-stocks-on-tuesday-goldman-says?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Managers sold longs and added to shorts, according to noteTraders returned from weeklong holiday to volatile marketHedge funds sold a record amount of Chinese shares on Tuesday after a weeklong ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-10-10/hedge-funds-sold-record-chinese-stocks-on-tuesday-goldman-says?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数","HSI":"恒生指数","000300.SH":"沪深300"},"source_url":"https://www.bloomberg.com/news/articles/2024-10-10/hedge-funds-sold-record-chinese-stocks-on-tuesday-goldman-says?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105118331","content_text":"Managers sold longs and added to shorts, according to noteTraders returned from weeklong holiday to volatile marketHedge funds sold a record amount of Chinese shares on Tuesday after a weeklong holiday that lacked more major stimulus, according to a Goldman Sachs Group Inc. trader note.“Hedge funds not only unwound their long positions but added shorts to their books as well, with long sells being double the amount of short sells,” according to the note dated Thursday.The biggest-ever daily withdrawal by hedge funds added to volatility in the market on Tuesday, as traders returned from the Golden Week holiday. The National Development and Reform Commission’s failure to deliver on market expectations for more major stimulus led to wild swings and record turnover on the mainland as well as in Hong Kong.The CSI 300 Index started up 11% on Tuesday, then nearly erased those gains and ended up closing 5.9% higher. In Hong Kong, small losses snowballed into a 9.4% drop. Three-quarters of hedge funds’ selling was in A-shares, with the remainder Hong Kong-listed stocks, the Goldman note said.Hot money’s selling stands in contrast to growing optimism about Chinese equities, with Beijing’s recent stimulus blitz causing a flurry of upgrades from global strategists including those at BlackRock Inc. and Goldman Sachs. The CSI 300 remains more than 25% above a low reached in September even as volatility has increased.Traders now await the outcome of the government’s planned briefing on fiscal policy due Saturday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":330675103,"gmtCreate":1608619234902,"gmtModify":1704975537748,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"Agree. US has been printing money to support the economic&nbsp;during the Covid-19. I am always how can just printing huge trillion&nbsp;money without any consequences. Probably only the&nbsp;expert&nbsp;can explain when the collapsing will happen. Guess need to take another few years before consequences set in.&nbsp;","listText":"Agree. US has been printing money to support the economic&nbsp;during the Covid-19. I am always how can just printing huge trillion&nbsp;money without any consequences. Probably only the&nbsp;expert&nbsp;can explain when the collapsing will happen. Guess need to take another few years before consequences set in.&nbsp;","text":"Agree. US has been printing money to support the economic during the Covid-19. I am always how can just printing huge trillion money without any consequences. Probably only the expert can explain when the collapsing will happen. Guess need to take another few years before consequences set in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/330675103","repostId":"2093748163","repostType":4,"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":222545625841736,"gmtCreate":1695349272224,"gmtModify":1695349276521,"author":{"id":"3570183636416665","authorId":"3570183636416665","name":"Teomylinh","avatar":"https://static.tigerbbs.com/7cac9bec23449662e762036d205b5c53","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570183636416665","authorIdStr":"3570183636416665"},"themes":[],"htmlText":"I think develop a App is better then develop a smartphone. Lower cost.&nbsp;","listText":"I think develop a App is better then develop a smartphone. Lower cost.&nbsp;","text":"I think develop a App is better then develop a smartphone. Lower cost.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222545625841736","repostId":"2369101825","repostType":2,"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}