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Shereen
2021-03-28
$Apple(AAPL)$
Hope to see rebound soon!
Shereen
2021-03-18
$Petco Health and Wellness Company, Inc.(WOOF)$
sweat Gao gao
Shereen
2021-03-03
$NIO Inc.(NIO)$
Sad, please work harder
Shereen
2021-02-25
Where is the dark side
@TianZi81:Welcome to the dark side
Shereen
2021-02-25
Maybe got potential
Li Auto Inc. Reports Q4 Revenue RMB 4.15 Billion
Shereen
2021-02-25
If I have money...
Sorry, the original content has been removed
Shereen
2021-02-25
Speculation
Sorry, the original content has been removed
Shereen
2021-02-25
$Hims & Hers Health Inc.(HIMS)$
Scary moment
Shereen
2021-02-17
$DouYu(DOYU)$
:)
Shereen
2021-02-12
$DouYu(DOYU)$
??
Shereen
2021-02-05
$Cocrystal Pharma, Inc.(COCP)$
I’m still waiting, when will you up again?
Shereen
2021-02-05
Finally
The dark side of the GameStop bubble: Driving stock prices to the moon can hurt America
Shereen
2021-02-05
???
Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too
Go to Tiger App to see more news
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Are you buying more?","text":"Same cost price. Are you buying more?","html":"Same cost price. Are you buying more?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":327670117,"gmtCreate":1616082796239,"gmtModify":1704790819338,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572340297669156","authorIdStr":"3572340297669156"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/WOOF\">$Petco Health and Wellness Company, Inc.(WOOF)$</a>sweat Gao gao","listText":"<a href=\"https://laohu8.com/S/WOOF\">$Petco Health and Wellness Company, Inc.(WOOF)$</a>sweat Gao gao","text":"$Petco Health and Wellness Company, Inc.(WOOF)$sweat Gao 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potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361718428","repostId":"2114831153","repostType":4,"repost":{"id":"2114831153","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1614240305,"share":"https://ttm.financial/m/news/2114831153?lang=&edition=fundamental","pubTime":"2021-02-25 16:05","market":"us","language":"en","title":"Li Auto Inc. Reports Q4 Revenue RMB 4.15 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2114831153","media":"T-Reuters","summary":"Li Auto Inc.:Announces Unaudited Fourth Quarter And Full Year 2020 Financial Results.Q4 Revenue Rmb ","content":"<p>Li Auto Inc.:Announces Unaudited Fourth Quarter And Full Year 2020 Financial Results.Q4 Revenue Rmb 4.15 Billion.Quarterly Deliveries Were 14,464 Vehicles.Full Year Deliveries Were 32,624 Vehicles.Q4 Of 2020 Loss From Operations Was Rmb78.9 Million (Us$12.1 Million).Net Income Was Rmb107.5 Million (Us$16.5 Million) In Q4 Of 2020.New Research And Development Center Has Already Started Recruiting, And Expects To Ultimately House Over 2,000 Staff In Future.Sees Q1 2021 Total Revenues To Be Between Rmb2.94 Billion (Us$450.6 Million) And Rmb3.22 Billion.Li Auto</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Auto Inc. Reports Q4 Revenue RMB 4.15 Billion</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\">\nLi Auto Inc. Reports Q4 Revenue RMB 4.15 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-02-25 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Li Auto Inc.:Announces Unaudited Fourth Quarter And Full Year 2020 Financial Results.Q4 Revenue Rmb 4.15 Billion.Quarterly Deliveries Were 14,464 Vehicles.Full Year Deliveries Were 32,624 Vehicles.Q4 Of 2020 Loss From Operations Was Rmb78.9 Million (Us$12.1 Million).Net Income Was Rmb107.5 Million (Us$16.5 Million) In Q4 Of 2020.New Research And Development Center Has Already Started Recruiting, And Expects To Ultimately House Over 2,000 Staff In Future.Sees Q1 2021 Total Revenues To Be Between Rmb2.94 Billion (Us$450.6 Million) And Rmb3.22 Billion.Li Auto</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","TERN":"Terns Pharmaceuticals, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2114831153","content_text":"Li Auto Inc.:Announces Unaudited Fourth Quarter And Full Year 2020 Financial Results.Q4 Revenue Rmb 4.15 Billion.Quarterly Deliveries Were 14,464 Vehicles.Full Year Deliveries Were 32,624 Vehicles.Q4 Of 2020 Loss From Operations Was Rmb78.9 Million (Us$12.1 Million).Net Income Was Rmb107.5 Million (Us$16.5 Million) In Q4 Of 2020.New Research And Development Center Has Already Started Recruiting, And Expects To Ultimately House Over 2,000 Staff In Future.Sees Q1 2021 Total Revenues To Be Between Rmb2.94 Billion (Us$450.6 Million) And Rmb3.22 Billion.Li 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href=\"https://laohu8.com/S/DOYU\">$DouYu(DOYU)$</a>:)","text":"$DouYu(DOYU)$:)","images":[{"img":"https://static.tigerbbs.com/57811159c0686e49687b143f9b888a84","width":"750","height":"1224"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/385991889","isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3558672706395546","authorId":"3558672706395546","name":"水中月镜","avatar":"https://static.tigerbbs.com/26c036ca7cc23db6f3e3d32d87fddb89","crmLevel":3,"crmLevelSwitch":0,"idStr":"3558672706395546","authorIdStr":"3558672706395546"},"content":"Has it been sold?","text":"Has it been sold?","html":"Has it been sold?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":388414026,"gmtCreate":1613079976865,"gmtModify":1704878237639,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572340297669156","authorIdStr":"3572340297669156"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DOYU\">$DouYu(DOYU)$</a>??","listText":"<a href=\"https://laohu8.com/S/DOYU\">$DouYu(DOYU)$</a>??","text":"$DouYu(DOYU)$??","images":[{"img":"https://static.tigerbbs.com/3865c1578280f717cb2bbe75b5e39e33","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/388414026","isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":380880137,"gmtCreate":1612532432029,"gmtModify":1704872469748,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572340297669156","authorIdStr":"3572340297669156"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/COCP\">$Cocrystal Pharma, Inc.(COCP)$</a>I’m still waiting, when will you up again?","listText":"<a href=\"https://laohu8.com/S/COCP\">$Cocrystal Pharma, Inc.(COCP)$</a>I’m still waiting, when will you up again?","text":"$Cocrystal Pharma, Inc.(COCP)$I’m still waiting, when will you up again?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":1,"link":"https://ttm.financial/post/380880137","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572441449814859","authorId":"3572441449814859","name":"TianZi81","avatar":"https://static.tigerbbs.com/01d94807144591ff999444e12f4024ed","crmLevel":3,"crmLevelSwitch":0,"idStr":"3572441449814859","authorIdStr":"3572441449814859"},"content":"Yes, it will!!!!!!! Gambateh!!!!!!","text":"Yes, it will!!!!!!! Gambateh!!!!!!","html":"Yes, it will!!!!!!! Gambateh!!!!!!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380923323,"gmtCreate":1612505845962,"gmtModify":1704872106724,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572340297669156","authorIdStr":"3572340297669156"},"themes":[],"htmlText":"Finally ","listText":"Finally ","text":"Finally","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380923323","repostId":"1180970570","repostType":4,"repost":{"id":"1180970570","pubTimestamp":1612501989,"share":"https://ttm.financial/m/news/1180970570?lang=&edition=fundamental","pubTime":"2021-02-05 13:13","market":"us","language":"en","title":"The dark side of the GameStop bubble: Driving stock prices to the moon can hurt America","url":"https://stock-news.laohu8.com/highlight/detail?id=1180970570","media":"marketwatch","summary":"Shares of GameStop and other companies or assets that shot upin value in recent weeks are now droppi","content":"<p>Shares of GameStop and other companies or assets that shot upin value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the stocks’ return to Earth is actually a good thing — if you want to avoid financial meltdown to the long list of crises the U.S. is facing.</p><p>The reason has to do with what financial markets are — and what they are not — as well as what happens when prices of stocks and other securities become untethered from the fundamental value of the assets they’re meant to represent.</p><p>As a finance professor who does research on how markets respond to new information, I believe it is important to maintain a close link between security prices and fundamentals. When that stops happening, a market collapse may be not far behind.</p><p>Capital markets aren’t casinos</p><p>Some have portrayed GameStopGME,-42.11%as a David vs. Goliath story. According to that narrative, the big guys on Wall Street have been getting rich gambling on the stock marketSPX,+1.09%for years. What’s the problem when the little guy gets a chance?</p><p>The first thing to keep in mind is that markets aren’t a big casino, as some seem to believe. Their core purpose is to efficiently connect investors with companies and other organizations that will make the most productive use of their cash.</p><p>Accurate market prices, meant to reflect a company’s expected profits and overall risk level, provide an important signal to investors whether they should hand over their money and what they should get in return. Companies like AppleAAPL,+2.58%and AmazonAMZN,+0.56%simply would not exist as we know them today without access to capital markets.</p><p>The more jaundiced view of markets focuses on episodes when markets seemingly go crazy and on the speculative gambling behavior of some traders, such as hedge funds. The GameStop saga feeds into this storyline.</p><p>But GameStop also illustrates what happens when stock prices don’t reflect reality.</p><p>The GameStop bubble</p><p>GameStop fundamentals are, to put it mildly, lackluster.</p><p>The company is a brick-and-mortar chain of video game stores. Most video game sales now take place as digital downloads. GameStop has been slow to adapt to this new reality. Its revenue peaked in 2012 at US$9.55 billion and had dropped by a third as of 2019. It hasn’t earned a profit since 2017. Put simply, it is a money-losing company in a competitive and quickly changing industry.</p><p>The recent speculative frenzy, however, increased the GameStop stock price from under $20 in early January to as high as $483 in a little over two weeks, driven by retail investors on Reddit who coordinated their buying to harm hedge funds, costing the professionals billions of dollars.</p><p>It is clearly a speculative price bubble and has some characteristics of a Ponzi scheme. Many small investors who “get on the train” late and buy at the inflated prices — especially those attracted by the extreme price moves and media coverage — will be left holding the bag.</p><p>And sooner or later, the stock price will likely come back to Earth to a level that can be supported by the fundamentals of the company. Before midday on Feb. 4, shares were trading near $70for the first time since Jan. 25.</p><p>The problems begin when that doesn’t happen until too late.</p><p>Bubbles are made to pop</p><p>Financial markets are made up of people. People are imperfect, and so are markets. This means market prices are not always “right” — and it’s often hard to know what the “right” price is.</p><p>That is true when it comes to the price bubbles in individual stocks like GameStop. But it’s also true on a much bigger scale, when it comes to a market as a whole.</p><p>Price bubbles and crashes are good for neither Wall Street nor Main Street. When the dot-com bubble popped in 2000 — after prices of dozens of tech stocks soared exponentially in the late 1990s — an economic recession followed soon after. The bursting of a housing bubble in 2008 triggered a global financial crisis and the Great Recession.</p><p>Too much momentum</p><p>So markets fail sometimes, and we need sensible regulation and enforcement to make such failures less likely.</p><p>Taken in isolation, the GameStop craze is unlikely to trigger a disruption to the overall stock market, especially if its price continues to fall more in line with the company’s fundamental value. Unfortunately, this was not an isolated case. Nor was GameStop the first sign of problems.</p><p>In recent days, Reddit users have also driven up the prices of silverSI00,0.61% and companies such as BlackBerryBB,+1.25%and movie theater giant AMC EntertainmentAMC,-20.96%.Popular trading apps like Robinhood have made trading easy, fun and basically free.</p><p>The share price of TeslaTSLA,-0.55%,for example, skyrocketed 720% last year, in large part when investors bought the stock because it was already rising. This is called momentum investing, a trading strategy in which investors buy securities because they are going up — selling them only when they think the price has peaked.</p><p>If this continues, it will likely lead to more financial bubbles and crashes that could make it harder for companies to raise capital, posing a threat to the already limping U.S. economic recovery. Even if the worst doesn’t happen, large price movements and allegations of price manipulation could hurt public confidence in financial markets, which would make people more reluctant to invest in retirement and other programs.</p><p>Warren Buffett once said about stock market behavior: “The light can at any time go from green to red without pausing at yellow.”</p><p>What he meant was that markets can turn on a dime and plunge. He saw these moments as opportunities to find deals in the market, but for most people they result in panic, heavy losses and economic consequences like mass unemployment — as we saw in 1929, 2000 and 2008.</p><p>There’s no particular reason it won’t happen again.</p><p><i>Alexander Kurov is a professor of finance and holds the Fred T. Tattersall Research Chair in Finance at West Virginia University In Morgantown. This was first published byThe Conversation— “Wall Street isn’t just a casino where traders can bet on GameStop and other stocks – it’s essential to keeping capitalism from crashing“.</i></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 dark side of the GameStop bubble: Driving stock prices to the moon can hurt America</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 dark side of the GameStop bubble: Driving stock prices to the moon can hurt America\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 13:13 GMT+8 <a href=https://www.marketwatch.com/story/the-dark-side-of-the-gamestop-bubble-driving-stock-prices-to-the-moon-can-hurt-america-11612457839?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of GameStop and other companies or assets that shot upin value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-dark-side-of-the-gamestop-bubble-driving-stock-prices-to-the-moon-can-hurt-america-11612457839?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b72bab52a7d49e9d26088350ab4826c1","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.marketwatch.com/story/the-dark-side-of-the-gamestop-bubble-driving-stock-prices-to-the-moon-can-hurt-america-11612457839?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180970570","content_text":"Shares of GameStop and other companies or assets that shot upin value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the stocks’ return to Earth is actually a good thing — if you want to avoid financial meltdown to the long list of crises the U.S. is facing.The reason has to do with what financial markets are — and what they are not — as well as what happens when prices of stocks and other securities become untethered from the fundamental value of the assets they’re meant to represent.As a finance professor who does research on how markets respond to new information, I believe it is important to maintain a close link between security prices and fundamentals. When that stops happening, a market collapse may be not far behind.Capital markets aren’t casinosSome have portrayed GameStopGME,-42.11%as a David vs. Goliath story. According to that narrative, the big guys on Wall Street have been getting rich gambling on the stock marketSPX,+1.09%for years. What’s the problem when the little guy gets a chance?The first thing to keep in mind is that markets aren’t a big casino, as some seem to believe. Their core purpose is to efficiently connect investors with companies and other organizations that will make the most productive use of their cash.Accurate market prices, meant to reflect a company’s expected profits and overall risk level, provide an important signal to investors whether they should hand over their money and what they should get in return. Companies like AppleAAPL,+2.58%and AmazonAMZN,+0.56%simply would not exist as we know them today without access to capital markets.The more jaundiced view of markets focuses on episodes when markets seemingly go crazy and on the speculative gambling behavior of some traders, such as hedge funds. The GameStop saga feeds into this storyline.But GameStop also illustrates what happens when stock prices don’t reflect reality.The GameStop bubbleGameStop fundamentals are, to put it mildly, lackluster.The company is a brick-and-mortar chain of video game stores. Most video game sales now take place as digital downloads. GameStop has been slow to adapt to this new reality. Its revenue peaked in 2012 at US$9.55 billion and had dropped by a third as of 2019. It hasn’t earned a profit since 2017. Put simply, it is a money-losing company in a competitive and quickly changing industry.The recent speculative frenzy, however, increased the GameStop stock price from under $20 in early January to as high as $483 in a little over two weeks, driven by retail investors on Reddit who coordinated their buying to harm hedge funds, costing the professionals billions of dollars.It is clearly a speculative price bubble and has some characteristics of a Ponzi scheme. Many small investors who “get on the train” late and buy at the inflated prices — especially those attracted by the extreme price moves and media coverage — will be left holding the bag.And sooner or later, the stock price will likely come back to Earth to a level that can be supported by the fundamentals of the company. Before midday on Feb. 4, shares were trading near $70for the first time since Jan. 25.The problems begin when that doesn’t happen until too late.Bubbles are made to popFinancial markets are made up of people. People are imperfect, and so are markets. This means market prices are not always “right” — and it’s often hard to know what the “right” price is.That is true when it comes to the price bubbles in individual stocks like GameStop. But it’s also true on a much bigger scale, when it comes to a market as a whole.Price bubbles and crashes are good for neither Wall Street nor Main Street. When the dot-com bubble popped in 2000 — after prices of dozens of tech stocks soared exponentially in the late 1990s — an economic recession followed soon after. The bursting of a housing bubble in 2008 triggered a global financial crisis and the Great Recession.Too much momentumSo markets fail sometimes, and we need sensible regulation and enforcement to make such failures less likely.Taken in isolation, the GameStop craze is unlikely to trigger a disruption to the overall stock market, especially if its price continues to fall more in line with the company’s fundamental value. Unfortunately, this was not an isolated case. Nor was GameStop the first sign of problems.In recent days, Reddit users have also driven up the prices of silverSI00,0.61% and companies such as BlackBerryBB,+1.25%and movie theater giant AMC EntertainmentAMC,-20.96%.Popular trading apps like Robinhood have made trading easy, fun and basically free.The share price of TeslaTSLA,-0.55%,for example, skyrocketed 720% last year, in large part when investors bought the stock because it was already rising. This is called momentum investing, a trading strategy in which investors buy securities because they are going up — selling them only when they think the price has peaked.If this continues, it will likely lead to more financial bubbles and crashes that could make it harder for companies to raise capital, posing a threat to the already limping U.S. economic recovery. Even if the worst doesn’t happen, large price movements and allegations of price manipulation could hurt public confidence in financial markets, which would make people more reluctant to invest in retirement and other programs.Warren Buffett once said about stock market behavior: “The light can at any time go from green to red without pausing at yellow.”What he meant was that markets can turn on a dime and plunge. He saw these moments as opportunities to find deals in the market, but for most people they result in panic, heavy losses and economic consequences like mass unemployment — as we saw in 1929, 2000 and 2008.There’s no particular reason it won’t happen again.Alexander Kurov is a professor of finance and holds the Fred T. Tattersall Research Chair in Finance at West Virginia University In Morgantown. This was first published byThe Conversation— “Wall Street isn’t just a casino where traders can bet on GameStop and other stocks – it’s essential to keeping capitalism from crashing“.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380929166,"gmtCreate":1612505714155,"gmtModify":1704872104943,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572340297669156","authorIdStr":"3572340297669156"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380929166","repostId":"1111423932","repostType":4,"repost":{"id":"1111423932","pubTimestamp":1612505460,"share":"https://ttm.financial/m/news/1111423932?lang=&edition=fundamental","pubTime":"2021-02-05 14:11","market":"us","language":"en","title":"Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too","url":"https://stock-news.laohu8.com/highlight/detail?id=1111423932","media":"cnbc","summary":"KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort ","content":"<div>\n<p>KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.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>Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too</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\">\nWatch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 14:11 GMT+8 <a href=https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.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/995418fbbbc235e75883dec898dccaa8","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1111423932","content_text":"KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through November grew nearly eight times from a year ago to 332.68 billion yuan ($51.44 billion).\nDouyin, the Chinese version of the TikTok video app that's owned by ByteDance, saw e-commerce transactions triple last year to 500 billion yuan in GMV, according to a report Wednesday from Chinese tech news site LatePost.\n\nBEIJING — Chinese consumers are shopping more through livestreaming and video apps — a new trend that's grabbing a slice of the massive market traditionally dominated by e-commerce giantAlibaba.\nPopular livestreaming and short video apps became significant marketing channels in 2020, generating billions in merchant sales by connecting viewers to existing e-commerce sites, or their own.\nJust take the example of short video and livestreaming appKuaishou, which on Friday raised more than $5 billion in Hong Kong's biggest IPOsince the coronavirus pandemic, according to Wind Information.\nGross merchandise volume (GMV) for the 11 months through November grew nearly eight times from a year ago to 332.68 billion yuan ($51.44 billion), Kuaishou said in its prospectus. GMV is a metric commonly used in e-commerce to measure the total value of goods sold over a certain period of time.\nThe company primarily makes money by selling virtual gifts that users can buy for their favorite live streamers.Kuaishou shares surged nearly 200%at the open Friday.\nDouyin, the Chinese version of the TikTok video app that's owned by ByteDance, saw e-commerce transactions triple last year to 500 billion yuan in GMV,according to a report Wednesday from Chinese tech news site LatePost.\nHowever, most of the GMV went to third-party e-commerce sites likeJD.comand Alibaba's Taobao, the report said. Only about 100 billion yuan in Douyin's GMV came from the app's own e-commerce platforms, the report said.\nByteDance said in a statement to CNBC that LatePost's figures on GMV are not accurate and that third-party sales resulting from re-directed user traffic should not be counted as part of the GMV.\nTencent's Wechat messaging app, which counts more than 1 billion daily active users, has also become a platform for online shopping.\nIn January, WeChat said GMV for businesses running their own mini-programs in the app rose 255% last year to an undisclosed amount, while GMV for physical goods sold through those programs rose 154%.\n\"Along with various types of e-commerce players springing up in recent 2-3 years, including live streaming, social commerce, etc, customers' appetites on online shopping platforms are also diversifying,\" Morgan Stanley analysts said in a report last month. They predict Chinese consumer spending overallwill double in the next decade to $12.7 trillion.\nGrowing market for all e-commerce players\nThe reports on video apps' GMV show how quickly the streaming platforms are growing as a portal to online shopping, even if established players still dominate.\nFor example, Alibaba's video streaming sales siteTaobao Live generated over 400 billion yuan in GMVfor 2020, according to the latest earnings report. But the company's GMV for the Nov. 1 to 11 shopping holiday alone was 498 billion yuan.\n\"There is a lot of demand in China for e-commerce, so Alibaba,JD.com,they have the market because they are both online and offline,\" said Suresh Dalai, senior director at consulting firm Alvarez & Marsal, which focuses on retail operations in Asia.\n\"They provide a one-stop shop through their ecosystem,\" Dalai said. \"These retailers, they're not suffering even with these new e-commerce players coming out.\"\nOnline retail sales of physical goods in China rose 14.8% last year to a total of 9.759 trillion yuan, accounting for a quarter of all consumer goods sold in the country, the National Bureau of Statistics said.\nWhile the number of online shoppers climbed to 782 million by December, the country had more internet users watching videos, at 927 million, government agency China Internet Network Information Center (CNNIC)said in a report this week.\nIn particular,livestreaming e-commerce users surged by 123 millionbetween March and December, for a total of 388 million, the report said. About two-thirds of these users have made a purchase while watching a livestream, the report said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":352861502,"gmtCreate":1616930092406,"gmtModify":1704800035061,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572340297669156","idStr":"3572340297669156"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Hope to see rebound soon!","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Hope to see rebound soon!","text":"$Apple(AAPL)$Hope to see rebound soon!","images":[{"img":"https://static.tigerbbs.com/bccc473f00f2d959005b2409c020913f","width":"750","height":"1334"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/352861502","isVote":1,"tweetType":1,"viewCount":759,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573432966195266","authorId":"3573432966195266","name":"DKD","avatar":"https://static.tigerbbs.com/54df8ef8723b1e98034221fc97261189","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3573432966195266","idStr":"3573432966195266"},"content":"Same cost price. Are you buying more?","text":"Same cost price. Are you buying more?","html":"Same cost price. Are you buying more?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":380880137,"gmtCreate":1612532432029,"gmtModify":1704872469748,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572340297669156","idStr":"3572340297669156"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/COCP\">$Cocrystal Pharma, Inc.(COCP)$</a>I’m still waiting, when will you up again?","listText":"<a href=\"https://laohu8.com/S/COCP\">$Cocrystal Pharma, Inc.(COCP)$</a>I’m still waiting, when will you up again?","text":"$Cocrystal Pharma, Inc.(COCP)$I’m still waiting, when will you up again?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":1,"link":"https://ttm.financial/post/380880137","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572441449814859","authorId":"3572441449814859","name":"TianZi81","avatar":"https://static.tigerbbs.com/01d94807144591ff999444e12f4024ed","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3572441449814859","idStr":"3572441449814859"},"content":"Yes, it will!!!!!!! Gambateh!!!!!!","text":"Yes, it will!!!!!!! Gambateh!!!!!!","html":"Yes, it will!!!!!!! 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side","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/361712081","repostId":"361615156","repostType":1,"repost":{"id":361615156,"gmtCreate":1614228212675,"gmtModify":1704889871639,"author":{"id":"3572441449814859","authorId":"3572441449814859","name":"TianZi81","avatar":"https://static.tigerbbs.com/01d94807144591ff999444e12f4024ed","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572441449814859","idStr":"3572441449814859"},"themes":[],"htmlText":"Welcome to the dark side","listText":"Welcome to the dark side","text":"Welcome to the dark 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money...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361711768","repostId":"1126511801","repostType":4,"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380923323,"gmtCreate":1612505845962,"gmtModify":1704872106724,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572340297669156","idStr":"3572340297669156"},"themes":[],"htmlText":"Finally ","listText":"Finally ","text":"Finally","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380923323","repostId":"1180970570","repostType":4,"repost":{"id":"1180970570","pubTimestamp":1612501989,"share":"https://ttm.financial/m/news/1180970570?lang=&edition=fundamental","pubTime":"2021-02-05 13:13","market":"us","language":"en","title":"The dark side of the GameStop bubble: Driving stock prices to the moon can hurt America","url":"https://stock-news.laohu8.com/highlight/detail?id=1180970570","media":"marketwatch","summary":"Shares of GameStop and other companies or assets that shot upin value in recent weeks are now droppi","content":"<p>Shares of GameStop and other companies or assets that shot upin value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the stocks’ return to Earth is actually a good thing — if you want to avoid financial meltdown to the long list of crises the U.S. is facing.</p><p>The reason has to do with what financial markets are — and what they are not — as well as what happens when prices of stocks and other securities become untethered from the fundamental value of the assets they’re meant to represent.</p><p>As a finance professor who does research on how markets respond to new information, I believe it is important to maintain a close link between security prices and fundamentals. When that stops happening, a market collapse may be not far behind.</p><p>Capital markets aren’t casinos</p><p>Some have portrayed GameStopGME,-42.11%as a David vs. Goliath story. According to that narrative, the big guys on Wall Street have been getting rich gambling on the stock marketSPX,+1.09%for years. What’s the problem when the little guy gets a chance?</p><p>The first thing to keep in mind is that markets aren’t a big casino, as some seem to believe. Their core purpose is to efficiently connect investors with companies and other organizations that will make the most productive use of their cash.</p><p>Accurate market prices, meant to reflect a company’s expected profits and overall risk level, provide an important signal to investors whether they should hand over their money and what they should get in return. Companies like AppleAAPL,+2.58%and AmazonAMZN,+0.56%simply would not exist as we know them today without access to capital markets.</p><p>The more jaundiced view of markets focuses on episodes when markets seemingly go crazy and on the speculative gambling behavior of some traders, such as hedge funds. The GameStop saga feeds into this storyline.</p><p>But GameStop also illustrates what happens when stock prices don’t reflect reality.</p><p>The GameStop bubble</p><p>GameStop fundamentals are, to put it mildly, lackluster.</p><p>The company is a brick-and-mortar chain of video game stores. Most video game sales now take place as digital downloads. GameStop has been slow to adapt to this new reality. Its revenue peaked in 2012 at US$9.55 billion and had dropped by a third as of 2019. It hasn’t earned a profit since 2017. Put simply, it is a money-losing company in a competitive and quickly changing industry.</p><p>The recent speculative frenzy, however, increased the GameStop stock price from under $20 in early January to as high as $483 in a little over two weeks, driven by retail investors on Reddit who coordinated their buying to harm hedge funds, costing the professionals billions of dollars.</p><p>It is clearly a speculative price bubble and has some characteristics of a Ponzi scheme. Many small investors who “get on the train” late and buy at the inflated prices — especially those attracted by the extreme price moves and media coverage — will be left holding the bag.</p><p>And sooner or later, the stock price will likely come back to Earth to a level that can be supported by the fundamentals of the company. Before midday on Feb. 4, shares were trading near $70for the first time since Jan. 25.</p><p>The problems begin when that doesn’t happen until too late.</p><p>Bubbles are made to pop</p><p>Financial markets are made up of people. People are imperfect, and so are markets. This means market prices are not always “right” — and it’s often hard to know what the “right” price is.</p><p>That is true when it comes to the price bubbles in individual stocks like GameStop. But it’s also true on a much bigger scale, when it comes to a market as a whole.</p><p>Price bubbles and crashes are good for neither Wall Street nor Main Street. When the dot-com bubble popped in 2000 — after prices of dozens of tech stocks soared exponentially in the late 1990s — an economic recession followed soon after. The bursting of a housing bubble in 2008 triggered a global financial crisis and the Great Recession.</p><p>Too much momentum</p><p>So markets fail sometimes, and we need sensible regulation and enforcement to make such failures less likely.</p><p>Taken in isolation, the GameStop craze is unlikely to trigger a disruption to the overall stock market, especially if its price continues to fall more in line with the company’s fundamental value. Unfortunately, this was not an isolated case. Nor was GameStop the first sign of problems.</p><p>In recent days, Reddit users have also driven up the prices of silverSI00,0.61% and companies such as BlackBerryBB,+1.25%and movie theater giant AMC EntertainmentAMC,-20.96%.Popular trading apps like Robinhood have made trading easy, fun and basically free.</p><p>The share price of TeslaTSLA,-0.55%,for example, skyrocketed 720% last year, in large part when investors bought the stock because it was already rising. This is called momentum investing, a trading strategy in which investors buy securities because they are going up — selling them only when they think the price has peaked.</p><p>If this continues, it will likely lead to more financial bubbles and crashes that could make it harder for companies to raise capital, posing a threat to the already limping U.S. economic recovery. Even if the worst doesn’t happen, large price movements and allegations of price manipulation could hurt public confidence in financial markets, which would make people more reluctant to invest in retirement and other programs.</p><p>Warren Buffett once said about stock market behavior: “The light can at any time go from green to red without pausing at yellow.”</p><p>What he meant was that markets can turn on a dime and plunge. He saw these moments as opportunities to find deals in the market, but for most people they result in panic, heavy losses and economic consequences like mass unemployment — as we saw in 1929, 2000 and 2008.</p><p>There’s no particular reason it won’t happen again.</p><p><i>Alexander Kurov is a professor of finance and holds the Fred T. Tattersall Research Chair in Finance at West Virginia University In Morgantown. This was first published byThe Conversation— “Wall Street isn’t just a casino where traders can bet on GameStop and other stocks – it’s essential to keeping capitalism from crashing“.</i></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 dark side of the GameStop bubble: Driving stock prices to the moon can hurt America</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 dark side of the GameStop bubble: Driving stock prices to the moon can hurt America\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 13:13 GMT+8 <a href=https://www.marketwatch.com/story/the-dark-side-of-the-gamestop-bubble-driving-stock-prices-to-the-moon-can-hurt-america-11612457839?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of GameStop and other companies or assets that shot upin value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-dark-side-of-the-gamestop-bubble-driving-stock-prices-to-the-moon-can-hurt-america-11612457839?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b72bab52a7d49e9d26088350ab4826c1","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.marketwatch.com/story/the-dark-side-of-the-gamestop-bubble-driving-stock-prices-to-the-moon-can-hurt-america-11612457839?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180970570","content_text":"Shares of GameStop and other companies or assets that shot upin value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the stocks’ return to Earth is actually a good thing — if you want to avoid financial meltdown to the long list of crises the U.S. is facing.The reason has to do with what financial markets are — and what they are not — as well as what happens when prices of stocks and other securities become untethered from the fundamental value of the assets they’re meant to represent.As a finance professor who does research on how markets respond to new information, I believe it is important to maintain a close link between security prices and fundamentals. When that stops happening, a market collapse may be not far behind.Capital markets aren’t casinosSome have portrayed GameStopGME,-42.11%as a David vs. Goliath story. According to that narrative, the big guys on Wall Street have been getting rich gambling on the stock marketSPX,+1.09%for years. What’s the problem when the little guy gets a chance?The first thing to keep in mind is that markets aren’t a big casino, as some seem to believe. Their core purpose is to efficiently connect investors with companies and other organizations that will make the most productive use of their cash.Accurate market prices, meant to reflect a company’s expected profits and overall risk level, provide an important signal to investors whether they should hand over their money and what they should get in return. Companies like AppleAAPL,+2.58%and AmazonAMZN,+0.56%simply would not exist as we know them today without access to capital markets.The more jaundiced view of markets focuses on episodes when markets seemingly go crazy and on the speculative gambling behavior of some traders, such as hedge funds. The GameStop saga feeds into this storyline.But GameStop also illustrates what happens when stock prices don’t reflect reality.The GameStop bubbleGameStop fundamentals are, to put it mildly, lackluster.The company is a brick-and-mortar chain of video game stores. Most video game sales now take place as digital downloads. GameStop has been slow to adapt to this new reality. Its revenue peaked in 2012 at US$9.55 billion and had dropped by a third as of 2019. It hasn’t earned a profit since 2017. Put simply, it is a money-losing company in a competitive and quickly changing industry.The recent speculative frenzy, however, increased the GameStop stock price from under $20 in early January to as high as $483 in a little over two weeks, driven by retail investors on Reddit who coordinated their buying to harm hedge funds, costing the professionals billions of dollars.It is clearly a speculative price bubble and has some characteristics of a Ponzi scheme. Many small investors who “get on the train” late and buy at the inflated prices — especially those attracted by the extreme price moves and media coverage — will be left holding the bag.And sooner or later, the stock price will likely come back to Earth to a level that can be supported by the fundamentals of the company. Before midday on Feb. 4, shares were trading near $70for the first time since Jan. 25.The problems begin when that doesn’t happen until too late.Bubbles are made to popFinancial markets are made up of people. People are imperfect, and so are markets. This means market prices are not always “right” — and it’s often hard to know what the “right” price is.That is true when it comes to the price bubbles in individual stocks like GameStop. But it’s also true on a much bigger scale, when it comes to a market as a whole.Price bubbles and crashes are good for neither Wall Street nor Main Street. When the dot-com bubble popped in 2000 — after prices of dozens of tech stocks soared exponentially in the late 1990s — an economic recession followed soon after. The bursting of a housing bubble in 2008 triggered a global financial crisis and the Great Recession.Too much momentumSo markets fail sometimes, and we need sensible regulation and enforcement to make such failures less likely.Taken in isolation, the GameStop craze is unlikely to trigger a disruption to the overall stock market, especially if its price continues to fall more in line with the company’s fundamental value. Unfortunately, this was not an isolated case. Nor was GameStop the first sign of problems.In recent days, Reddit users have also driven up the prices of silverSI00,0.61% and companies such as BlackBerryBB,+1.25%and movie theater giant AMC EntertainmentAMC,-20.96%.Popular trading apps like Robinhood have made trading easy, fun and basically free.The share price of TeslaTSLA,-0.55%,for example, skyrocketed 720% last year, in large part when investors bought the stock because it was already rising. This is called momentum investing, a trading strategy in which investors buy securities because they are going up — selling them only when they think the price has peaked.If this continues, it will likely lead to more financial bubbles and crashes that could make it harder for companies to raise capital, posing a threat to the already limping U.S. economic recovery. Even if the worst doesn’t happen, large price movements and allegations of price manipulation could hurt public confidence in financial markets, which would make people more reluctant to invest in retirement and other programs.Warren Buffett once said about stock market behavior: “The light can at any time go from green to red without pausing at yellow.”What he meant was that markets can turn on a dime and plunge. He saw these moments as opportunities to find deals in the market, but for most people they result in panic, heavy losses and economic consequences like mass unemployment — as we saw in 1929, 2000 and 2008.There’s no particular reason it won’t happen again.Alexander Kurov is a professor of finance and holds the Fred T. Tattersall Research Chair in Finance at West Virginia University In Morgantown. This was first published byThe Conversation— “Wall Street isn’t just a casino where traders can bet on GameStop and other stocks – it’s essential to keeping capitalism from crashing“.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361718428,"gmtCreate":1614261876864,"gmtModify":1704769793036,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572340297669156","idStr":"3572340297669156"},"themes":[],"htmlText":"Maybe got potential","listText":"Maybe got potential","text":"Maybe got potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361718428","repostId":"2114831153","repostType":4,"repost":{"id":"2114831153","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1614240305,"share":"https://ttm.financial/m/news/2114831153?lang=&edition=fundamental","pubTime":"2021-02-25 16:05","market":"us","language":"en","title":"Li Auto Inc. Reports Q4 Revenue RMB 4.15 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2114831153","media":"T-Reuters","summary":"Li Auto Inc.:Announces Unaudited Fourth Quarter And Full Year 2020 Financial Results.Q4 Revenue Rmb ","content":"<p>Li Auto Inc.:Announces Unaudited Fourth Quarter And Full Year 2020 Financial Results.Q4 Revenue Rmb 4.15 Billion.Quarterly Deliveries Were 14,464 Vehicles.Full Year Deliveries Were 32,624 Vehicles.Q4 Of 2020 Loss From Operations Was Rmb78.9 Million (Us$12.1 Million).Net Income Was Rmb107.5 Million (Us$16.5 Million) In Q4 Of 2020.New Research And Development Center Has Already Started Recruiting, And Expects To Ultimately House Over 2,000 Staff In Future.Sees Q1 2021 Total Revenues To Be Between Rmb2.94 Billion (Us$450.6 Million) And Rmb3.22 Billion.Li Auto</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Auto Inc. Reports Q4 Revenue RMB 4.15 Billion</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\">\nLi Auto Inc. Reports Q4 Revenue RMB 4.15 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-02-25 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Li Auto Inc.:Announces Unaudited Fourth Quarter And Full Year 2020 Financial Results.Q4 Revenue Rmb 4.15 Billion.Quarterly Deliveries Were 14,464 Vehicles.Full Year Deliveries Were 32,624 Vehicles.Q4 Of 2020 Loss From Operations Was Rmb78.9 Million (Us$12.1 Million).Net Income Was Rmb107.5 Million (Us$16.5 Million) In Q4 Of 2020.New Research And Development Center Has Already Started Recruiting, And Expects To Ultimately House Over 2,000 Staff In Future.Sees Q1 2021 Total Revenues To Be Between Rmb2.94 Billion (Us$450.6 Million) And Rmb3.22 Billion.Li Auto</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","TERN":"Terns Pharmaceuticals, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2114831153","content_text":"Li Auto Inc.:Announces Unaudited Fourth Quarter And Full Year 2020 Financial Results.Q4 Revenue Rmb 4.15 Billion.Quarterly Deliveries Were 14,464 Vehicles.Full Year Deliveries Were 32,624 Vehicles.Q4 Of 2020 Loss From Operations Was Rmb78.9 Million (Us$12.1 Million).Net Income Was Rmb107.5 Million (Us$16.5 Million) In Q4 Of 2020.New Research And Development Center Has Already Started Recruiting, And Expects To Ultimately House Over 2,000 Staff In Future.Sees Q1 2021 Total Revenues To Be Between Rmb2.94 Billion (Us$450.6 Million) And Rmb3.22 Billion.Li Auto","news_type":1},"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380929166,"gmtCreate":1612505714155,"gmtModify":1704872104943,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572340297669156","idStr":"3572340297669156"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380929166","repostId":"1111423932","repostType":4,"repost":{"id":"1111423932","pubTimestamp":1612505460,"share":"https://ttm.financial/m/news/1111423932?lang=&edition=fundamental","pubTime":"2021-02-05 14:11","market":"us","language":"en","title":"Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too","url":"https://stock-news.laohu8.com/highlight/detail?id=1111423932","media":"cnbc","summary":"KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort ","content":"<div>\n<p>KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.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>Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too</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\">\nWatch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 14:11 GMT+8 <a href=https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.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/995418fbbbc235e75883dec898dccaa8","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1111423932","content_text":"KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through November grew nearly eight times from a year ago to 332.68 billion yuan ($51.44 billion).\nDouyin, the Chinese version of the TikTok video app that's owned by ByteDance, saw e-commerce transactions triple last year to 500 billion yuan in GMV, according to a report Wednesday from Chinese tech news site LatePost.\n\nBEIJING — Chinese consumers are shopping more through livestreaming and video apps — a new trend that's grabbing a slice of the massive market traditionally dominated by e-commerce giantAlibaba.\nPopular livestreaming and short video apps became significant marketing channels in 2020, generating billions in merchant sales by connecting viewers to existing e-commerce sites, or their own.\nJust take the example of short video and livestreaming appKuaishou, which on Friday raised more than $5 billion in Hong Kong's biggest IPOsince the coronavirus pandemic, according to Wind Information.\nGross merchandise volume (GMV) for the 11 months through November grew nearly eight times from a year ago to 332.68 billion yuan ($51.44 billion), Kuaishou said in its prospectus. GMV is a metric commonly used in e-commerce to measure the total value of goods sold over a certain period of time.\nThe company primarily makes money by selling virtual gifts that users can buy for their favorite live streamers.Kuaishou shares surged nearly 200%at the open Friday.\nDouyin, the Chinese version of the TikTok video app that's owned by ByteDance, saw e-commerce transactions triple last year to 500 billion yuan in GMV,according to a report Wednesday from Chinese tech news site LatePost.\nHowever, most of the GMV went to third-party e-commerce sites likeJD.comand Alibaba's Taobao, the report said. Only about 100 billion yuan in Douyin's GMV came from the app's own e-commerce platforms, the report said.\nByteDance said in a statement to CNBC that LatePost's figures on GMV are not accurate and that third-party sales resulting from re-directed user traffic should not be counted as part of the GMV.\nTencent's Wechat messaging app, which counts more than 1 billion daily active users, has also become a platform for online shopping.\nIn January, WeChat said GMV for businesses running their own mini-programs in the app rose 255% last year to an undisclosed amount, while GMV for physical goods sold through those programs rose 154%.\n\"Along with various types of e-commerce players springing up in recent 2-3 years, including live streaming, social commerce, etc, customers' appetites on online shopping platforms are also diversifying,\" Morgan Stanley analysts said in a report last month. They predict Chinese consumer spending overallwill double in the next decade to $12.7 trillion.\nGrowing market for all e-commerce players\nThe reports on video apps' GMV show how quickly the streaming platforms are growing as a portal to online shopping, even if established players still dominate.\nFor example, Alibaba's video streaming sales siteTaobao Live generated over 400 billion yuan in GMVfor 2020, according to the latest earnings report. But the company's GMV for the Nov. 1 to 11 shopping holiday alone was 498 billion yuan.\n\"There is a lot of demand in China for e-commerce, so Alibaba,JD.com,they have the market because they are both online and offline,\" said Suresh Dalai, senior director at consulting firm Alvarez & Marsal, which focuses on retail operations in Asia.\n\"They provide a one-stop shop through their ecosystem,\" Dalai said. \"These retailers, they're not suffering even with these new e-commerce players coming out.\"\nOnline retail sales of physical goods in China rose 14.8% last year to a total of 9.759 trillion yuan, accounting for a quarter of all consumer goods sold in the country, the National Bureau of Statistics said.\nWhile the number of online shoppers climbed to 782 million by December, the country had more internet users watching videos, at 927 million, government agency China Internet Network Information Center (CNNIC)said in a report this week.\nIn particular,livestreaming e-commerce users surged by 123 millionbetween March and December, for a total of 388 million, the report said. About two-thirds of these users have made a purchase while watching a livestream, the report said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361711344,"gmtCreate":1614261798788,"gmtModify":1704769790591,"author":{"id":"3572340297669156","authorId":"3572340297669156","name":"Shereen","avatar":"https://static.tigerbbs.com/5261f3743765a6413f37c09a91b10186","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572340297669156","idStr":"3572340297669156"},"themes":[],"htmlText":"Speculation","listText":"Speculation","text":"Speculation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361711344","repostId":"1188103004","repostType":4,"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}