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thekokkyguy

thekokkyguy

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2021-03-30

xd don’t buy

2021-03-17

buy the dips

2021-03-17

$Clover Health Corp(CLOV)$ >< buy the dips

2021-03-15

nice

India to propose cryptocurrency ban, penalising miners, traders -source

2021-02-10

useless

Gojek Nears Tokopedia Merger Ahead of Public Listing

2021-02-03

x

SpaceX Starship prototype rocket explodes on landing after test launch

2021-02-01

let’s go

Ryanair expects a loss of over $1 billion this year as travel restrictions bite

2021-02-01

damn

The market frenzy for stocks like Gamestop is not purely driven by retail investors

Go to Tiger App to see more news

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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":1615772995,"share":"https://ttm.financial/m/news/2119999060?lang=&edition=fundamental","pubTime":"2021-03-15 09:49","market":"fut","language":"en","title":"India to propose cryptocurrency ban, penalising miners, traders -source","url":"https://stock-news.laohu8.com/highlight/detail?id=2119999060","media":"Reuters","summary":"NEW DELHI/MUMBAI, March 15 (Reuters) - India will propose a law banning cryptocurrencies, fining any","content":"<p>NEW DELHI/MUMBAI, March 15 (Reuters) - India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class.</p>\n<p>The bill, one of the world's strictest policies against cryptocurrencies, would criminalise possession, issuance, mining, trading and transferring crypto-assets, said the official, who has direct knowledge of the plan.</p>\n<p>The measure is in line with a January government agenda that called for banning private virtual currencies such as bitcoin while building a framework for an official digital currency. But recent government comments had raised investors' hopes that the authorities might go easier on the booming market.</p>\n<p>Instead, the bill would give holders of cryptocurrencies up to six months to liquidate, after which penalties will be levied, said the official, who asked not to be named as the contents of the bill are not public.</p>\n<p>Officials are confident of getting the bill enacted into law as Prime Minister Narendra Modi's government holds a comfortable majority in parliament.</p>\n<p>If the ban becomes law, India would be the first major economy to make holding cryptocurrency illegal. Even China, which has banned mining and trading, does not penalise possession.</p>\n<p>The Finance Ministry did not immediately respond to an email seeking comment.</p>\n<p><b>'GREED' OVER 'PANIC'</b></p>\n<p>Bitcoin , the world's biggest cryptocurrency, hit a record high $60,000 on Saturday, nearly doubling in value this year as its acceptance for payments has increased with support from such high-profile backers as Tesla Inc CEO Elon Musk.</p>\n<p>In India, despite government threats of a ban, transaction volumes are swelling and 8 million investors now hold 100 billion rupees ($1.4 billion) in crypto-investments, according to industry estimates. No official data is available.</p>\n<p>\"The money is multiplying rapidly every month and you don't want to be sitting on the sidelines,\" said Sumnesh Salodkar, a crypto-investor. \"Even though people are panicking due to the potential ban, greed is driving these choices.\"</p>\n<p>User registrations and money inflows at local crypto-exchange Bitbns are up 30-fold from a year ago, said Gaurav Dahake, its chief executive. Unocoin, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of India's oldest exchanges, added 20,000 users in January and February, despite worries of a ban.</p>\n<p>ZebPay \"did as much volume per day in February 2021 as we did in all of February 2020,\" said Vikram Rangala, the exchange's chief marketing officer.</p>\n<p>Top Indian officials have called cryptocurrency a \"Ponzi scheme\", but Finance Minister Nirmala Sitharaman this month eased some investor concerns.</p>\n<p>\"I can only give you this clue that we are not closing our minds, we are looking at ways in which experiments can happen in the digital world and cryptocurrency,\" she told CNBC-TV18. \"There will be a very calibrated position taken.\"</p>\n<p>The senior official told Reuters, however, that the plan is to ban private crypto-assets while promoting blockchain - a secure database technology that is the backbone for virtual currencies but also a system that experts say could revolutionise international transactions.</p>\n<p>\"We don't have a problem with technology. There's no harm in harnessing the technology,\" said the official, adding the government's moves would be \"calibrated\" in the extent of the penalties on those who did not liquidate crypto-assets within the law's grace period.</p>\n<p><b>JAIL TERMS?</b></p>\n<p>A government panel in 2019 recommended jail of up to 10 years on people who mine, generate, hold, sell, transfer, dispose of, issue or deal in cryptocurrencies.</p>\n<p>The official declined to say whether the new bill includes jail terms as well as fines, or offer further details but said the discussions were in their final stages.</p>\n<p>In March 2020, India's Supreme Court struck down a 2018 order by the central bank forbidding banks from dealing in cryptocurrencies, prompting investors to pile into the market. The court ordered the government to take a position and draft a law on the matter.</p>\n<p>The Reserve Bank of India voiced its concern again last month, citing what it said were risks to financial stability from cryptocurrencies. At the same time, the central bank has been working on launching its own digital currency, a step the government's bill will also encourage, said the official.</p>\n<p>Despite the market euphoria, investors are aware that the boom could be in danger.</p>\n<p>\"If the ban is official we have to comply,\" Naimish Sanghvi, who started betting on digital currencies in the last year, told Reuters, referring to existing concerns about a potential ban. \"Until then, I'd rather stack up and run with the market than panic and sell.\"</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>India to propose cryptocurrency ban, penalising miners, traders -source</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\">\nIndia to propose cryptocurrency ban, penalising miners, traders -source\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-15 09:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW DELHI/MUMBAI, March 15 (Reuters) - India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class.</p>\n<p>The bill, one of the world's strictest policies against cryptocurrencies, would criminalise possession, issuance, mining, trading and transferring crypto-assets, said the official, who has direct knowledge of the plan.</p>\n<p>The measure is in line with a January government agenda that called for banning private virtual currencies such as bitcoin while building a framework for an official digital currency. But recent government comments had raised investors' hopes that the authorities might go easier on the booming market.</p>\n<p>Instead, the bill would give holders of cryptocurrencies up to six months to liquidate, after which penalties will be levied, said the official, who asked not to be named as the contents of the bill are not public.</p>\n<p>Officials are confident of getting the bill enacted into law as Prime Minister Narendra Modi's government holds a comfortable majority in parliament.</p>\n<p>If the ban becomes law, India would be the first major economy to make holding cryptocurrency illegal. Even China, which has banned mining and trading, does not penalise possession.</p>\n<p>The Finance Ministry did not immediately respond to an email seeking comment.</p>\n<p><b>'GREED' OVER 'PANIC'</b></p>\n<p>Bitcoin , the world's biggest cryptocurrency, hit a record high $60,000 on Saturday, nearly doubling in value this year as its acceptance for payments has increased with support from such high-profile backers as Tesla Inc CEO Elon Musk.</p>\n<p>In India, despite government threats of a ban, transaction volumes are swelling and 8 million investors now hold 100 billion rupees ($1.4 billion) in crypto-investments, according to industry estimates. No official data is available.</p>\n<p>\"The money is multiplying rapidly every month and you don't want to be sitting on the sidelines,\" said Sumnesh Salodkar, a crypto-investor. \"Even though people are panicking due to the potential ban, greed is driving these choices.\"</p>\n<p>User registrations and money inflows at local crypto-exchange Bitbns are up 30-fold from a year ago, said Gaurav Dahake, its chief executive. Unocoin, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of India's oldest exchanges, added 20,000 users in January and February, despite worries of a ban.</p>\n<p>ZebPay \"did as much volume per day in February 2021 as we did in all of February 2020,\" said Vikram Rangala, the exchange's chief marketing officer.</p>\n<p>Top Indian officials have called cryptocurrency a \"Ponzi scheme\", but Finance Minister Nirmala Sitharaman this month eased some investor concerns.</p>\n<p>\"I can only give you this clue that we are not closing our minds, we are looking at ways in which experiments can happen in the digital world and cryptocurrency,\" she told CNBC-TV18. \"There will be a very calibrated position taken.\"</p>\n<p>The senior official told Reuters, however, that the plan is to ban private crypto-assets while promoting blockchain - a secure database technology that is the backbone for virtual currencies but also a system that experts say could revolutionise international transactions.</p>\n<p>\"We don't have a problem with technology. There's no harm in harnessing the technology,\" said the official, adding the government's moves would be \"calibrated\" in the extent of the penalties on those who did not liquidate crypto-assets within the law's grace period.</p>\n<p><b>JAIL TERMS?</b></p>\n<p>A government panel in 2019 recommended jail of up to 10 years on people who mine, generate, hold, sell, transfer, dispose of, issue or deal in cryptocurrencies.</p>\n<p>The official declined to say whether the new bill includes jail terms as well as fines, or offer further details but said the discussions were in their final stages.</p>\n<p>In March 2020, India's Supreme Court struck down a 2018 order by the central bank forbidding banks from dealing in cryptocurrencies, prompting investors to pile into the market. The court ordered the government to take a position and draft a law on the matter.</p>\n<p>The Reserve Bank of India voiced its concern again last month, citing what it said were risks to financial stability from cryptocurrencies. At the same time, the central bank has been working on launching its own digital currency, a step the government's bill will also encourage, said the official.</p>\n<p>Despite the market euphoria, investors are aware that the boom could be in danger.</p>\n<p>\"If the ban is official we have to comply,\" Naimish Sanghvi, who started betting on digital currencies in the last year, told Reuters, referring to existing concerns about a potential ban. \"Until then, I'd rather stack up and run with the market than panic and sell.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119999060","content_text":"NEW DELHI/MUMBAI, March 15 (Reuters) - India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class.\nThe bill, one of the world's strictest policies against cryptocurrencies, would criminalise possession, issuance, mining, trading and transferring crypto-assets, said the official, who has direct knowledge of the plan.\nThe measure is in line with a January government agenda that called for banning private virtual currencies such as bitcoin while building a framework for an official digital currency. But recent government comments had raised investors' hopes that the authorities might go easier on the booming market.\nInstead, the bill would give holders of cryptocurrencies up to six months to liquidate, after which penalties will be levied, said the official, who asked not to be named as the contents of the bill are not public.\nOfficials are confident of getting the bill enacted into law as Prime Minister Narendra Modi's government holds a comfortable majority in parliament.\nIf the ban becomes law, India would be the first major economy to make holding cryptocurrency illegal. Even China, which has banned mining and trading, does not penalise possession.\nThe Finance Ministry did not immediately respond to an email seeking comment.\n'GREED' OVER 'PANIC'\nBitcoin , the world's biggest cryptocurrency, hit a record high $60,000 on Saturday, nearly doubling in value this year as its acceptance for payments has increased with support from such high-profile backers as Tesla Inc CEO Elon Musk.\nIn India, despite government threats of a ban, transaction volumes are swelling and 8 million investors now hold 100 billion rupees ($1.4 billion) in crypto-investments, according to industry estimates. No official data is available.\n\"The money is multiplying rapidly every month and you don't want to be sitting on the sidelines,\" said Sumnesh Salodkar, a crypto-investor. \"Even though people are panicking due to the potential ban, greed is driving these choices.\"\nUser registrations and money inflows at local crypto-exchange Bitbns are up 30-fold from a year ago, said Gaurav Dahake, its chief executive. Unocoin, one of India's oldest exchanges, added 20,000 users in January and February, despite worries of a ban.\nZebPay \"did as much volume per day in February 2021 as we did in all of February 2020,\" said Vikram Rangala, the exchange's chief marketing officer.\nTop Indian officials have called cryptocurrency a \"Ponzi scheme\", but Finance Minister Nirmala Sitharaman this month eased some investor concerns.\n\"I can only give you this clue that we are not closing our minds, we are looking at ways in which experiments can happen in the digital world and cryptocurrency,\" she told CNBC-TV18. \"There will be a very calibrated position taken.\"\nThe senior official told Reuters, however, that the plan is to ban private crypto-assets while promoting blockchain - a secure database technology that is the backbone for virtual currencies but also a system that experts say could revolutionise international transactions.\n\"We don't have a problem with technology. There's no harm in harnessing the technology,\" said the official, adding the government's moves would be \"calibrated\" in the extent of the penalties on those who did not liquidate crypto-assets within the law's grace period.\nJAIL TERMS?\nA government panel in 2019 recommended jail of up to 10 years on people who mine, generate, hold, sell, transfer, dispose of, issue or deal in cryptocurrencies.\nThe official declined to say whether the new bill includes jail terms as well as fines, or offer further details but said the discussions were in their final stages.\nIn March 2020, India's Supreme Court struck down a 2018 order by the central bank forbidding banks from dealing in cryptocurrencies, prompting investors to pile into the market. The court ordered the government to take a position and draft a law on the matter.\nThe Reserve Bank of India voiced its concern again last month, citing what it said were risks to financial stability from cryptocurrencies. At the same time, the central bank has been working on launching its own digital currency, a step the government's bill will also encourage, said the official.\nDespite the market euphoria, investors are aware that the boom could be in danger.\n\"If the ban is official we have to comply,\" Naimish Sanghvi, who started betting on digital currencies in the last year, told Reuters, referring to existing concerns about a potential ban. \"Until then, I'd rather stack up and run with the market than panic and sell.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381196515,"gmtCreate":1612941686837,"gmtModify":1704876261830,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"useless","listText":"useless","text":"useless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/381196515","repostId":"1173087883","repostType":4,"repost":{"id":"1173087883","kind":"news","pubTimestamp":1612934291,"share":"https://ttm.financial/m/news/1173087883?lang=&edition=fundamental","pubTime":"2021-02-10 13:18","market":"us","language":"en","title":"Gojek Nears Tokopedia Merger Ahead of Public Listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1173087883","media":"Bloomberg","summary":"Indonesia startups could reach a deal as soon as this monthCompanies to target valuation of $35 bill","content":"<ul><li>Indonesia startups could reach a deal as soon as this month</li><li>Companies to target valuation of $35 billion to $40 billion</li></ul><p>Indonesia’s two most valuable startups, ride-hailing giant&nbsp;Gojek&nbsp;and e-commerce provider&nbsp;PT Tokopedia, are finalizing terms for their merger andaiming toreach an agreement as early as this month, according to people familiar with the matter.</p><p>The two companies are discussing a variety of scenarios with the goal of ultimately listing the combined entity in both Jakarta and the U.S., said the people, asking not to be identified because the negotiations are private. The target valuation in the public markets is between $35 billion and $40 billion, one of the people said.</p><p>Representatives of Gojek and Tokopedia declined to comment.</p><p>The two startups plan to create an Indonesia internet powerhouse, at the leading edge of businesses from ride-hailing and digital payments to online shopping and delivery. Bloomberg News&nbsp;first reported&nbsp;their merger talks in January.</p><p>The latest terms under discussion call for Gojek shareholders to own about 60% of the combined entity while Tokopedia’s investors hold 40%, said the people. Regardless of the ratio, both companies are approaching the transaction as a merger of equals, they said.</p><p>One of the scenarios being discussed is to combine the two companies before concurrently listing them in Indonesia and the U.S., one of the people said. Another scenario is to list Tokopedia in Jakarta first, then merge with Gojek before a listing of the combined entity in the U.S. The companies have yet to decide whether they’d opt to list in the U.S. via a traditional initial public offering or a special purpose acquisition company.</p><p>The talks are ongoing and it’s possible they take longer or fail to lead to a final agreement.</p><p>Gojek had been in discussions with ride-hailing rivalGrab Holdings Inc.about a possible merger, but those talks dragged on and ultimately collapsed. Among other issues, that deal would likely have faced regulatory opposition since it would combine the two major providers of on-demand rides and delivery services in several Southeast Asian markets.</p><p>SoftBank Group Corp.&nbsp;founder Masayoshi Son, the biggest outside shareholder in Grab, had originally encouraged Grab Chief Executive Officer Anthony Tan to work out a deal with Gojek. But Son has since shifted his support to a Gojek-Tokopedia alliance.</p><p>The two Indonesian tech pioneers have common investors, including Google, Temasek Holdings Pte and Sequoia Capital India. Their founders have also been friends since their inception more than 10 years ago.</p><p>If the combined Gojek-Tokopedia proceeds with an IPO, it would give global investors another opportunity to bet on one of the world’s fastest-growing internet economies. Shares ofSea Ltd., the only major Southeast Asian internet company listed in the U.S., climbed almost 400% last year, boosted by the growing popularity of its mobile gaming and online shopping platform.</p><p>Tokopedia is also backed by&nbsp;Alibaba Group Holding Ltd., which has its own e-commerce unit in the region, Lazada.</p><p>Grab has since picked banks for a potential U.S. IPO that could raise at least $2 billion, people familiar with the matter&nbsp;have said.</p>","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>Gojek Nears Tokopedia Merger Ahead of Public Listing</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\">\nGojek Nears Tokopedia Merger Ahead of Public Listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 13:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-02-10/gojek-is-said-to-near-tokopedia-merger-ahead-of-public-listing><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Indonesia startups could reach a deal as soon as this monthCompanies to target valuation of $35 billion to $40 billionIndonesia’s two most valuable startups, ride-hailing giant Gojek and e-commerce ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-02-10/gojek-is-said-to-near-tokopedia-merger-ahead-of-public-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W","SFTBY":"软银集团","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"http://bloomberg.com/news/articles/2021-02-10/gojek-is-said-to-near-tokopedia-merger-ahead-of-public-listing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173087883","content_text":"Indonesia startups could reach a deal as soon as this monthCompanies to target valuation of $35 billion to $40 billionIndonesia’s two most valuable startups, ride-hailing giant Gojek and e-commerce provider PT Tokopedia, are finalizing terms for their merger andaiming toreach an agreement as early as this month, according to people familiar with the matter.The two companies are discussing a variety of scenarios with the goal of ultimately listing the combined entity in both Jakarta and the U.S., said the people, asking not to be identified because the negotiations are private. The target valuation in the public markets is between $35 billion and $40 billion, one of the people said.Representatives of Gojek and Tokopedia declined to comment.The two startups plan to create an Indonesia internet powerhouse, at the leading edge of businesses from ride-hailing and digital payments to online shopping and delivery. Bloomberg News first reported their merger talks in January.The latest terms under discussion call for Gojek shareholders to own about 60% of the combined entity while Tokopedia’s investors hold 40%, said the people. Regardless of the ratio, both companies are approaching the transaction as a merger of equals, they said.One of the scenarios being discussed is to combine the two companies before concurrently listing them in Indonesia and the U.S., one of the people said. Another scenario is to list Tokopedia in Jakarta first, then merge with Gojek before a listing of the combined entity in the U.S. The companies have yet to decide whether they’d opt to list in the U.S. via a traditional initial public offering or a special purpose acquisition company.The talks are ongoing and it’s possible they take longer or fail to lead to a final agreement.Gojek had been in discussions with ride-hailing rivalGrab Holdings Inc.about a possible merger, but those talks dragged on and ultimately collapsed. Among other issues, that deal would likely have faced regulatory opposition since it would combine the two major providers of on-demand rides and delivery services in several Southeast Asian markets.SoftBank Group Corp. founder Masayoshi Son, the biggest outside shareholder in Grab, had originally encouraged Grab Chief Executive Officer Anthony Tan to work out a deal with Gojek. But Son has since shifted his support to a Gojek-Tokopedia alliance.The two Indonesian tech pioneers have common investors, including Google, Temasek Holdings Pte and Sequoia Capital India. Their founders have also been friends since their inception more than 10 years ago.If the combined Gojek-Tokopedia proceeds with an IPO, it would give global investors another opportunity to bet on one of the world’s fastest-growing internet economies. Shares ofSea Ltd., the only major Southeast Asian internet company listed in the U.S., climbed almost 400% last year, boosted by the growing popularity of its mobile gaming and online shopping platform.Tokopedia is also backed by Alibaba Group Holding Ltd., which has its own e-commerce unit in the region, Lazada.Grab has since picked banks for a potential U.S. IPO that could raise at least $2 billion, people familiar with the matter have said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314147541,"gmtCreate":1612325020683,"gmtModify":1704869745572,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"x","listText":"x","text":"x","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314147541","repostId":"2108734055","repostType":4,"repost":{"id":"2108734055","kind":"highlight","pubTimestamp":1612323725,"share":"https://ttm.financial/m/news/2108734055?lang=&edition=fundamental","pubTime":"2021-02-03 11:42","market":"us","language":"en","title":"SpaceX Starship prototype rocket explodes on landing after test launch","url":"https://stock-news.laohu8.com/highlight/detail?id=2108734055","media":"reuters ","summary":"(Reuters) - A prototype of SpaceX’s Starship rocket exploded during a landing attempt minutes after ","content":"<p>(Reuters) - A prototype of SpaceX’s Starship rocket exploded during a landing attempt minutes after a high-altitude experimental launch from Boca Chica, Texas, on Tuesday, in a repeat of an accident that destroyed a previous test rocket.</p>\n<p>The Starship SN9 that blew up on its final descent, like the SN8 before it, was a test model of the heavy-lift rocket being developed by billionaire entrepreneur Elon Musk’s private space company to carry humans and 100 tons of cargo on future missions to the moon and Mars.</p>\n<p>The self-guided, 16-story-tall rocket initially soared into the clear, blue South Texas sky from its Gulf Coast launch pad on what appeared from SpaceX’s livestream coverage to be a flawless liftoff.</p>\n<p>Reaching its peak altitude of about 10 km (6 miles), the spacecraft then hovered momentarily in midair, shut off its engines and executed a planned “belly-flop” maneuver to descend nose-down under aerodynamic control back toward Earth.</p>\n<p>The trouble came when the Starship, after flipping its nose upward again to begin its landing sequence, tried to reactivate two of its three Raptor thrusters, but one failed to ignite. The rocket then fell rapidly to the ground, exploding in a roaring ball of flames, smoke and debris - 6 minutes and 26 seconds after launch.</p>\n<p>The Starship SN8, the first prototype to fly in a high-altitude test launch, met a similar fate in December. No injuries occurred in either incident.</p>\n<p>A SpaceX commentator for Tuesday’s launch webcast said the rocket’s flight to its test altitude, along with most of its subsonic re-entry, “looked very good and stable, like we saw last December.”</p>\n<p>“We just have to work on that landing a little bit,” the commentator said, adding, “This is a test flight, the second time we’ve flown Starship in this configuration.”</p>\n<p>There was no immediate comment from Musk, who also heads the electric carmaker Tesla Inc. Hours earlier, Musk said on Twitter he planned to stay off the social media platform “for a while.”</p>\n<p>The Federal Aviation Administration (FAA) said it would oversee an investigation of Tuesday’s landing mishap, as it did following the previous explosion - an inquiry that revealed tensions between Musk and the agency.</p>\n<p>SpaceX conducted December’s launch “without demonstrating” that public safety risks posed by “far-field blast overpressure” met the terms of its regulatory permit, according to the FAA. But the agency said “corrective actions” the company later took were approved by the FAA and incorporated into Tuesday’s launch.</p>\n<p>“We anticipate taking no further enforcement action on the SN8 matter,” the agency’s statement said.</p>\n<p>Last week, Musk tweeted that the FAA’s “space division has a fundamentally broken regulatory structure” and that “humanity will never get to Mars” under its rules.</p>\n<p>The complete Starship rocket, which will stand 394-feet (120 meters) tall when mated with its super-heavy first-stage booster, is the company’s next-generation fully reusable launch vehicle - the center of Musk’s ambitions to make human space travel more affordable and routine.</p>\n<p>A first orbital Starship flight is planned for year’s end. Musk has said he intends to fly Japanese billionaire Yusaku Maezawa around the moon with the Starship in 2023.</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>SpaceX Starship prototype rocket explodes on landing after test launch</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\">\nSpaceX Starship prototype rocket explodes on landing after test launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 11:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-space-exploration-starship/spacex-starship-prototype-rocket-explodes-on-landing-after-test-launch-idUSKBN2A22SX?il=0><strong>reuters </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - A prototype of SpaceX’s Starship rocket exploded during a landing attempt minutes after a high-altitude experimental launch from Boca Chica, Texas, on Tuesday, in a repeat of an accident ...</p>\n\n<a href=\"https://www.reuters.com/article/us-space-exploration-starship/spacex-starship-prototype-rocket-explodes-on-landing-after-test-launch-idUSKBN2A22SX?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/article/us-space-exploration-starship/spacex-starship-prototype-rocket-explodes-on-landing-after-test-launch-idUSKBN2A22SX?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108734055","content_text":"(Reuters) - A prototype of SpaceX’s Starship rocket exploded during a landing attempt minutes after a high-altitude experimental launch from Boca Chica, Texas, on Tuesday, in a repeat of an accident that destroyed a previous test rocket.\nThe Starship SN9 that blew up on its final descent, like the SN8 before it, was a test model of the heavy-lift rocket being developed by billionaire entrepreneur Elon Musk’s private space company to carry humans and 100 tons of cargo on future missions to the moon and Mars.\nThe self-guided, 16-story-tall rocket initially soared into the clear, blue South Texas sky from its Gulf Coast launch pad on what appeared from SpaceX’s livestream coverage to be a flawless liftoff.\nReaching its peak altitude of about 10 km (6 miles), the spacecraft then hovered momentarily in midair, shut off its engines and executed a planned “belly-flop” maneuver to descend nose-down under aerodynamic control back toward Earth.\nThe trouble came when the Starship, after flipping its nose upward again to begin its landing sequence, tried to reactivate two of its three Raptor thrusters, but one failed to ignite. The rocket then fell rapidly to the ground, exploding in a roaring ball of flames, smoke and debris - 6 minutes and 26 seconds after launch.\nThe Starship SN8, the first prototype to fly in a high-altitude test launch, met a similar fate in December. No injuries occurred in either incident.\nA SpaceX commentator for Tuesday’s launch webcast said the rocket’s flight to its test altitude, along with most of its subsonic re-entry, “looked very good and stable, like we saw last December.”\n“We just have to work on that landing a little bit,” the commentator said, adding, “This is a test flight, the second time we’ve flown Starship in this configuration.”\nThere was no immediate comment from Musk, who also heads the electric carmaker Tesla Inc. Hours earlier, Musk said on Twitter he planned to stay off the social media platform “for a while.”\nThe Federal Aviation Administration (FAA) said it would oversee an investigation of Tuesday’s landing mishap, as it did following the previous explosion - an inquiry that revealed tensions between Musk and the agency.\nSpaceX conducted December’s launch “without demonstrating” that public safety risks posed by “far-field blast overpressure” met the terms of its regulatory permit, according to the FAA. But the agency said “corrective actions” the company later took were approved by the FAA and incorporated into Tuesday’s launch.\n“We anticipate taking no further enforcement action on the SN8 matter,” the agency’s statement said.\nLast week, Musk tweeted that the FAA’s “space division has a fundamentally broken regulatory structure” and that “humanity will never get to Mars” under its rules.\nThe complete Starship rocket, which will stand 394-feet (120 meters) tall when mated with its super-heavy first-stage booster, is the company’s next-generation fully reusable launch vehicle - the center of Musk’s ambitions to make human space travel more affordable and routine.\nA first orbital Starship flight is planned for year’s end. Musk has said he intends to fly Japanese billionaire Yusaku Maezawa around the moon with the Starship in 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312769186,"gmtCreate":1612183603745,"gmtModify":1704867878618,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"&nbsp;let’s go","listText":"&nbsp;let’s go","text":"let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312769186","repostId":"1168853013","repostType":4,"repost":{"id":"1168853013","kind":"news","pubTimestamp":1612173617,"share":"https://ttm.financial/m/news/1168853013?lang=&edition=fundamental","pubTime":"2021-02-01 18:00","market":"us","language":"en","title":"Ryanair expects a loss of over $1 billion this year as travel restrictions bite","url":"https://stock-news.laohu8.com/highlight/detail?id=1168853013","media":"cnbc","summary":"KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billio","content":"<div>\n<p>KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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>Ryanair expects a loss of over $1 billion this year as travel restrictions bite</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRyanair expects a loss of over $1 billion this year as travel restrictions bite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/411c6ea7e969aee81c7c240d3341abef","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1168853013","content_text":"KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest lockdowns and pre-arrival Covid test requirement to materially reduce flight schedules and traffic through to Easter.”\nRyanair shares are down about 12% since the start of the year.\n\nLONDON —Ryanairexpects this fiscal year to be “the most challenging” in its 35 year-history, the company said on Monday, as governments step up travel restrictions in an effort to containnew variants of Covid-19.\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March. It reported a net loss of 306 million euros for the three months ending in December.\n“Covid-19 continues to wreak havoc across the industry,” Ryanair said in a statement. It added that Christmas and New Year traffic “was severely impacted” by travel bans imposed on U.K. travelers in late December.\nA number of European governments decided to impose restrictions on flights leaving the U.K. before Christmas after news that a new variant of Covid-19 identified in the county was spreading quickly. This contributed to a 83% drop in traffic in the month of December for Ryanair.\nThe carrier “expects the latest lockdowns and pre-arrival Covid test requirement to materially reduce flight schedules and traffic through to Easter.”\nThe new year saw European governments extending or introducing lockdowns as they faced a steep surge in new infections. More recently,countries in the region have discouraged non-essential travelas they look to bring down their number of daily cases. It is currently unclear when countries will start reopening their economies and go as far as encouraging travel abroad.\nHowever, European governments are in the process of vaccinating their populations in the hope that this will allow them to return to the normal day-to-day more quickly. However, thevaccine roll-out in Europe is facing production, supply and red tape issues.\n“We take some comfort from the success of the U.K. vaccine programme, which is on target to vaccinate almost 50% of the U.K. population (30 million) by the end of March. The EU now needs to step up the slow pace of its rollout programme to match the U.K.’s performance,” Ryanair said on Monday.\nRyanair shares are down about 12% since the start of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312760310,"gmtCreate":1612183503630,"gmtModify":1704867877154,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"damn&nbsp;","listText":"damn&nbsp;","text":"damn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312760310","repostId":"1150739186","repostType":4,"repost":{"id":"1150739186","kind":"news","pubTimestamp":1612172682,"share":"https://ttm.financial/m/news/1150739186?lang=&edition=fundamental","pubTime":"2021-02-01 17:44","market":"us","language":"en","title":"The market frenzy for stocks like Gamestop is not purely driven by retail investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1150739186","media":"cnbc","summary":"KEY POINTS\n\nThe recent market frenzy in stocks such as Gamestop was unlikely to have been purely dri","content":"<div>\n<p>KEY POINTS\n\nThe recent market frenzy in stocks such as Gamestop was unlikely to have been purely driven by retail investors, argues INSEAD's Bart Zhou Yueshen.\nInvestors have been piling into stocks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/its-unlikely-retail-investors-alone-drove-short-squeeze-professor-says.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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 market frenzy for stocks like Gamestop is not purely driven by retail investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n The market frenzy for stocks like Gamestop is not purely driven by retail investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 17:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/01/its-unlikely-retail-investors-alone-drove-short-squeeze-professor-says.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe recent market frenzy in stocks such as Gamestop was unlikely to have been purely driven by retail investors, argues INSEAD's Bart Zhou Yueshen.\nInvestors have been piling into stocks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/its-unlikely-retail-investors-alone-drove-short-squeeze-professor-says.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b1fdaab121d904fee30d8fe32e39819a","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.cnbc.com/2021/02/01/its-unlikely-retail-investors-alone-drove-short-squeeze-professor-says.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150739186","content_text":"KEY POINTS\n\nThe recent market frenzy in stocks such as Gamestop was unlikely to have been purely driven by retail investors, argues INSEAD's Bart Zhou Yueshen.\nInvestors have been piling into stocks with a large percent of their shares sold \"short\" and creating \"short squeezes,\" or driving traders on the other side of the bet to buy more stock to cover their losses.\nRetail traders have been largely credited with spawning these rallies, especially investors in the WallStreetBets community on Reddit.\n\nIt's unlikely that the recent market frenzy in stocks such asGamestopand AMC Entertainment was purely driven by retail investors, argues Bart Zhou Yueshen, assistant professor of finance at INSEAD.\n\"Given the amount of trading volume last week we saw, it is just hard for me to believe it was only these retail investors who were trying to push the squeeze,\" Zhou told CNBC's \"Street Signs Asia\" on Monday.\nIn the past week, U.S. market headlines have been dominated by the stunning rallies in stocks like GameStop, which has rocketed more than 1,500% since the start of the year. Investors were piling into stocks with a large percent of their shares sold \"short\" and creating \"short squeezes,\" or driving traders on the other side of the bet to buy more stock to cover their losses.\nShort selling is a strategy in which investors borrow shares of a stock at a certain price in expectations that the market value will fall below that level when it's time to pay for the borrowed shares.\n\"It is also very difficult to believe that in this short squeeze, the buy side is completely driven by the retail and there is no institutions jumping in,\" he added: \"Institutions are not dumb right? They look at these short-squeeze opportunities, they can definitely go in there.\"\nRetail traders have been largely credited with spawning these rallies, especially investors in the WallStreetBets community on Reddit. The market upheaval has generally been viewed through apopulist lens, pitting Wall Street professionals against amateur tradersarmed with zero-commission trading apps like Robinhood.\nChallenge for regulators\nAs individual investors expressed enthusiasm over GameStop, AMC and other stocks on Reddit, questions began to surface about whether this trading activity amounted to market manipulation.\nZhou said while regulators \"can definitely try to step in,\" it's not clear whether they will find evidence of market manipulation.\n\"In order to establish manipulation, you would need to establish some kind of malintention in the first place,\" the professor said. \"That is, in my opinion, not so obvious in this case.\"\nHe explained the chatter on platforms such as Reddit can be characterized as investors simply \"expressing their opinions\" over stocks they wish to buy and sell.\n\"The hedge funds can do the same,\" Zhou said. \"Nothing ... in this regard is particularly concerning.\"\nThe burden of proof now falls upon regulators to establish \"hard evidence\" of wrong doing, a task that Zhou admitted was \"quite difficult to establish.\"\nFor its part, the Securities and Exchange Commission said it willreview the recent trading volatility, saying: \"We will act to protect retail investors when the facts demonstrate abusive or manipulative trading activity that is prohibited by the federal securities laws.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":324328426,"gmtCreate":1615967188165,"gmtModify":1704789026540,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a> &gt;&lt; buy the dips","listText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a> &gt;&lt; buy the dips","text":"$Clover Health Corp(CLOV)$ >< buy the dips","images":[{"img":"https://static.tigerbbs.com/389450fc6a90bd9c182df2031f9e9a10","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/324328426","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":322311542,"gmtCreate":1615773335686,"gmtModify":1704786276922,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"nice&nbsp;","listText":"nice&nbsp;","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322311542","repostId":"2119999060","repostType":4,"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312769186,"gmtCreate":1612183603745,"gmtModify":1704867878618,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"&nbsp;let’s go","listText":"&nbsp;let’s go","text":"let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312769186","repostId":"1168853013","repostType":4,"repost":{"id":"1168853013","kind":"news","pubTimestamp":1612173617,"share":"https://ttm.financial/m/news/1168853013?lang=&edition=fundamental","pubTime":"2021-02-01 18:00","market":"us","language":"en","title":"Ryanair expects a loss of over $1 billion this year as travel restrictions bite","url":"https://stock-news.laohu8.com/highlight/detail?id=1168853013","media":"cnbc","summary":"KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billio","content":"<div>\n<p>KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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>Ryanair expects a loss of over $1 billion this year as travel restrictions bite</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRyanair expects a loss of over $1 billion this year as travel restrictions bite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/411c6ea7e969aee81c7c240d3341abef","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1168853013","content_text":"KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest lockdowns and pre-arrival Covid test requirement to materially reduce flight schedules and traffic through to Easter.”\nRyanair shares are down about 12% since the start of the year.\n\nLONDON —Ryanairexpects this fiscal year to be “the most challenging” in its 35 year-history, the company said on Monday, as governments step up travel restrictions in an effort to containnew variants of Covid-19.\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March. It reported a net loss of 306 million euros for the three months ending in December.\n“Covid-19 continues to wreak havoc across the industry,” Ryanair said in a statement. It added that Christmas and New Year traffic “was severely impacted” by travel bans imposed on U.K. travelers in late December.\nA number of European governments decided to impose restrictions on flights leaving the U.K. before Christmas after news that a new variant of Covid-19 identified in the county was spreading quickly. This contributed to a 83% drop in traffic in the month of December for Ryanair.\nThe carrier “expects the latest lockdowns and pre-arrival Covid test requirement to materially reduce flight schedules and traffic through to Easter.”\nThe new year saw European governments extending or introducing lockdowns as they faced a steep surge in new infections. More recently,countries in the region have discouraged non-essential travelas they look to bring down their number of daily cases. It is currently unclear when countries will start reopening their economies and go as far as encouraging travel abroad.\nHowever, European governments are in the process of vaccinating their populations in the hope that this will allow them to return to the normal day-to-day more quickly. However, thevaccine roll-out in Europe is facing production, supply and red tape issues.\n“We take some comfort from the success of the U.K. vaccine programme, which is on target to vaccinate almost 50% of the U.K. population (30 million) by the end of March. The EU now needs to step up the slow pace of its rollout programme to match the U.K.’s performance,” Ryanair said on Monday.\nRyanair shares are down about 12% since the start of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355659564,"gmtCreate":1617069348058,"gmtModify":1704801531055,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"xd don’t buy","listText":"xd don’t buy","text":"xd don’t 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dips","images":[{"img":"https://static.tigerbbs.com/80c33004c6a677b0e455791c657b2deb","width":"1125","height":"3574"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324326829","isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":381196515,"gmtCreate":1612941686837,"gmtModify":1704876261830,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"useless","listText":"useless","text":"useless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/381196515","repostId":"1173087883","repostType":4,"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314147541,"gmtCreate":1612325020683,"gmtModify":1704869745572,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"x","listText":"x","text":"x","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314147541","repostId":"2108734055","repostType":4,"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312760310,"gmtCreate":1612183503630,"gmtModify":1704867877154,"author":{"id":"3571176263643032","authorId":"3571176263643032","name":"thekokkyguy","avatar":"https://static.tigerbbs.com/583cd612e62781cf4e57e7077b487b69","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571176263643032","authorIdStr":"3571176263643032"},"themes":[],"htmlText":"damn&nbsp;","listText":"damn&nbsp;","text":"damn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312760310","repostId":"1150739186","repostType":4,"repost":{"id":"1150739186","kind":"news","pubTimestamp":1612172682,"share":"https://ttm.financial/m/news/1150739186?lang=&edition=fundamental","pubTime":"2021-02-01 17:44","market":"us","language":"en","title":"The market frenzy for stocks like Gamestop is not purely driven by retail investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1150739186","media":"cnbc","summary":"KEY POINTS\n\nThe recent market frenzy in stocks such as Gamestop was unlikely to have been purely dri","content":"<div>\n<p>KEY POINTS\n\nThe recent market frenzy in stocks such as Gamestop was unlikely to have been purely driven by retail investors, argues INSEAD's Bart Zhou Yueshen.\nInvestors have been piling into stocks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/its-unlikely-retail-investors-alone-drove-short-squeeze-professor-says.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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 market frenzy for stocks like Gamestop is not purely driven by retail investors</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{ 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float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n The market frenzy for stocks like Gamestop is not purely driven by retail investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 17:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/01/its-unlikely-retail-investors-alone-drove-short-squeeze-professor-says.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe recent market frenzy in stocks such as Gamestop was unlikely to have been purely driven by retail investors, argues INSEAD's Bart Zhou Yueshen.\nInvestors have been piling into stocks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/its-unlikely-retail-investors-alone-drove-short-squeeze-professor-says.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b1fdaab121d904fee30d8fe32e39819a","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.cnbc.com/2021/02/01/its-unlikely-retail-investors-alone-drove-short-squeeze-professor-says.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150739186","content_text":"KEY POINTS\n\nThe recent market frenzy in stocks such as Gamestop was unlikely to have been purely driven by retail investors, argues INSEAD's Bart Zhou Yueshen.\nInvestors have been piling into stocks with a large percent of their shares sold \"short\" and creating \"short squeezes,\" or driving traders on the other side of the bet to buy more stock to cover their losses.\nRetail traders have been largely credited with spawning these rallies, especially investors in the WallStreetBets community on Reddit.\n\nIt's unlikely that the recent market frenzy in stocks such asGamestopand AMC Entertainment was purely driven by retail investors, argues Bart Zhou Yueshen, assistant professor of finance at INSEAD.\n\"Given the amount of trading volume last week we saw, it is just hard for me to believe it was only these retail investors who were trying to push the squeeze,\" Zhou told CNBC's \"Street Signs Asia\" on Monday.\nIn the past week, U.S. market headlines have been dominated by the stunning rallies in stocks like GameStop, which has rocketed more than 1,500% since the start of the year. Investors were piling into stocks with a large percent of their shares sold \"short\" and creating \"short squeezes,\" or driving traders on the other side of the bet to buy more stock to cover their losses.\nShort selling is a strategy in which investors borrow shares of a stock at a certain price in expectations that the market value will fall below that level when it's time to pay for the borrowed shares.\n\"It is also very difficult to believe that in this short squeeze, the buy side is completely driven by the retail and there is no institutions jumping in,\" he added: \"Institutions are not dumb right? They look at these short-squeeze opportunities, they can definitely go in there.\"\nRetail traders have been largely credited with spawning these rallies, especially investors in the WallStreetBets community on Reddit. The market upheaval has generally been viewed through apopulist lens, pitting Wall Street professionals against amateur tradersarmed with zero-commission trading apps like Robinhood.\nChallenge for regulators\nAs individual investors expressed enthusiasm over GameStop, AMC and other stocks on Reddit, questions began to surface about whether this trading activity amounted to market manipulation.\nZhou said while regulators \"can definitely try to step in,\" it's not clear whether they will find evidence of market manipulation.\n\"In order to establish manipulation, you would need to establish some kind of malintention in the first place,\" the professor said. \"That is, in my opinion, not so obvious in this case.\"\nHe explained the chatter on platforms such as Reddit can be characterized as investors simply \"expressing their opinions\" over stocks they wish to buy and sell.\n\"The hedge funds can do the same,\" Zhou said. \"Nothing ... in this regard is particularly concerning.\"\nThe burden of proof now falls upon regulators to establish \"hard evidence\" of wrong doing, a task that Zhou admitted was \"quite difficult to establish.\"\nFor its part, the Securities and Exchange Commission said it willreview the recent trading volatility, saying: \"We will act to protect retail investors when the facts demonstrate abusive or manipulative trading activity that is prohibited by the federal securities laws.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}