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2021-07-07

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Jefferies Top Growth Stocks to Buy Now May Be Huge Q3 Winners

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With last Friday’s solid jobs report coming in better than expected, in tandem with a country that is rapidly returning to work and normal, the economy is expected to surge the rest of the summer.e screened the Jefferies top growth stocks to buy this w","content":"<p>The third quarter and the second half of 2021 are upon us, and with second-quarter earnings ready to explode onto the scene next week, it makes sense for investors to adjust portfolios in anticipation of the potential for some outstanding results. With last Friday’s solid jobs report coming in better than expected, in tandem with a country that is rapidly returning to work and normal, the economy is expected to surge the rest of the summer.</p>\n<p>e screened the Jefferies top growth stocks to buy this week for ideas that fit into this very positive narrative and found three that look like outstanding growth ideas for most investors. With the first two weeks of July historically the best of the year, it makes sense to add growth stocks now that have the best potential upside.</p>\n<p>It is important to remember though that no single analyst report should be used as a sole basis for any buying or selling decision.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a></p>\n<p>The search giant continues to expand and was the G in the FANG stocks before changing its name in 2015. <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> Inc. (NASDAQ: GOOGL) is a global technology company focused on key areas such as search, advertising, operating systems and platforms, and enterprise and hardware products. The company generates revenue primarily by delivering online advertising and by selling apps and content on Google Play, as well as hardware products. <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> provides its products and services in more than 100 languages and in 190 countries, regions and territories.</p>\n<p><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a>&nbsp;offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal internet products, such as search, ads, commerce, Maps, YouTube, Apps, Cloud, Android, Chrome and Google Play, as well as technical infrastructure and newer efforts, such as virtual reality.</p>\n<p>Analysts point to Google Cloud, which is the largest cloud infrastructure play and engages in more technology, infrastructure research and development in headcount and dollars than any other company does. That gives it the strength and wherewithal to compete with and differentiate itself from Amazon’s AWS and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>’s Azure.</p>\n<p>The Jefferies report noted this:</p>\n<blockquote>\n We hosted an expert whose firm generates 60-70% of revenues from YouTube advertising. We highlighted that ad spend for the expert in the second quarter is up &gt;130% year-over-year while the third quarter is shaping up to be much bigger than expected. We forecast YouTube ad revs up 64% in the second quarter, up from 49% in the first quarter. Further, we noted that ad budgets for 2021 have finally firmed up and we see a shift away from linear TV into digital channels as a big driver. Additionally, we pointed out that the high opt-out rates among iOS users has made the audience less attractive and the expert has seen budgets on FB ads shift to the majority being Android devices instead of iOS due to better targetability. We continue to view Alphabet as a top large-cap pick.\n</blockquote>\n<p>The Jefferies price target for the stock is $2,850. The Wall Street consensus target is $2,750.07. The stock closed Friday trading at $2,505.15.</p>\n<p><a href=\"https://laohu8.com/S/COST\">Costco</a></p>\n<p>This has become the ultimate destination for the <a href=\"https://laohu8.com/S/AFG\">American</a> consumer regardless of the economy, and it stands to have a massive summer selling season.&nbsp;<a href=\"https://laohu8.com/S/COST\">Costco</a> Wholesale Corp. (NASDAQ: COST) has a unique business model. It operates membership warehouses, and it buys the majority of its merchandise directly from manufacturers, essentially cutting out the middleman. Costco sells in bulk but also at a lower price, thus fueling its rapid growth. With consumers having more free cash to spend as gasoline prices have dropped, this major retailer may continue to see large revenue gains.</p>\n<p>Costco remains <a href=\"https://laohu8.com/S/AONE\">one</a> of the few conventional retailers where metrics like store traffic, market share gains and a validated model could bode well for international growth and expansion. The company is largely unharmed by e-commerce, and it continues to add stores in strategically mapped out locations.</p>\n<p>Wall Street loves the company’s pricing authority on key items and the leading merchandising offerings, and the relatively new Costco co-branded card with <a href=\"https://laohu8.com/S/V\">Visa</a> is a real positive. Add in the company’s growing online presence and the future looks bright.&nbsp;The analysts said this:</p>\n<blockquote>\n We took a deeper look into our May 2021 club consumer survey at company and cohort-specific levels, as well as broader industry trends. Additionally, we recently spoke with the management teams of BJ’s Costco and Walmart. Our takeaways include: 1) the pandemic is driving higher engagement/spend across cohorts; 2) we view increasing gen merch/services as key to extending spending; 3) omni-channel efforts vary by retailer and the consumer is still deciding; and 4) more and bigger streamlining tech is coming.\n</blockquote>\n<p>Costco shareholders receive a 0.80% dividend. Jefferies has a $445 price target, and the consensus target is $408.41. The shares closed on Friday at $398.94.</p>\n<p>This has long been a Wall Street favorite, and it continues to deliver solid results.&nbsp;<a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. (NASDAQ: PYPL) operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide.</p>\n<p>The company enables businesses of various sizes to accept payments from merchant websites, mobile devices and applications, as well as at offline retail locations through a range of payment solutions across its payments platform, including PayPal, PayPal Credit, Venmo and Braintree products.</p>\n<p>PayPal’s platform allows customers to pay and be paid, withdraw funds to their bank accounts and hold balances in their PayPal accounts in various currencies.</p>\n<p>Jefferies is very positive on the company:</p>\n<blockquote>\n On August 2nd, pricing for PayPal Checkout, Pay With Venmo, Pay in 4, and PayPal Credit will increase to 3.49% + $0.49 for US small- to mid-sized businesses (SMB) merchants, up from 2.9% +$0.30 currently. We estimate 6-7% of total payment volume is US SMB branded volume and will be affected by the price increase. Meanwhile, volume-based pricing on “unbranded” volume will be lowered to 2.59% (from 2.90%) in a move we believe is aimed at Stripe. We believe the impact is baked into the fiscal year 2021 guide, but estimate the price hikes adding ~3% of top-line growth in fiscal year 2022 and 2023. As a result, we took our estimates through 2023 slightly higher, but assume management reinvests a portion of the pricing tailwind back into the business.\n</blockquote>\n<p>The $340 Jefferies price target compares with the $314.04 consensus target and Friday’s closing share price of $290.24.</p>\n<p>These three companies are dominant in their respective business silos and poised not only to post solid second-quarter results, but each has very promising runaways for the rest of 2021 and beyond. Growth stock investors with long-term time horizons may want to consider buying shares now.</p>","source":"lsy1620372341666","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>Jefferies Top Growth Stocks to Buy Now May Be Huge Q3 Winners</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\">\nJefferies Top Growth Stocks to Buy Now May Be Huge Q3 Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 11:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://247wallst.com/investing/2021/07/06/jefferies-top-growth-stocks-to-buy-now-may-be-huge-q3-winners/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The third quarter and the second half of 2021 are upon us, and with second-quarter earnings ready to explode onto the scene next week, it makes sense for investors to adjust portfolios in anticipation...</p>\n\n<a href=\"https://247wallst.com/investing/2021/07/06/jefferies-top-growth-stocks-to-buy-now-may-be-huge-q3-winners/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","COST":"好市多","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://247wallst.com/investing/2021/07/06/jefferies-top-growth-stocks-to-buy-now-may-be-huge-q3-winners/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163143630","content_text":"The third quarter and the second half of 2021 are upon us, and with second-quarter earnings ready to explode onto the scene next week, it makes sense for investors to adjust portfolios in anticipation of the potential for some outstanding results. With last Friday’s solid jobs report coming in better than expected, in tandem with a country that is rapidly returning to work and normal, the economy is expected to surge the rest of the summer.\ne screened the Jefferies top growth stocks to buy this week for ideas that fit into this very positive narrative and found three that look like outstanding growth ideas for most investors. With the first two weeks of July historically the best of the year, it makes sense to add growth stocks now that have the best potential upside.\nIt is important to remember though that no single analyst report should be used as a sole basis for any buying or selling decision.\nAlphabet\nThe search giant continues to expand and was the G in the FANG stocks before changing its name in 2015. Alphabet Inc. (NASDAQ: GOOGL) is a global technology company focused on key areas such as search, advertising, operating systems and platforms, and enterprise and hardware products. The company generates revenue primarily by delivering online advertising and by selling apps and content on Google Play, as well as hardware products. Alphabet provides its products and services in more than 100 languages and in 190 countries, regions and territories.\nAlphabet offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal internet products, such as search, ads, commerce, Maps, YouTube, Apps, Cloud, Android, Chrome and Google Play, as well as technical infrastructure and newer efforts, such as virtual reality.\nAnalysts point to Google Cloud, which is the largest cloud infrastructure play and engages in more technology, infrastructure research and development in headcount and dollars than any other company does. That gives it the strength and wherewithal to compete with and differentiate itself from Amazon’s AWS and Microsoft’s Azure.\nThe Jefferies report noted this:\n\n We hosted an expert whose firm generates 60-70% of revenues from YouTube advertising. We highlighted that ad spend for the expert in the second quarter is up >130% year-over-year while the third quarter is shaping up to be much bigger than expected. We forecast YouTube ad revs up 64% in the second quarter, up from 49% in the first quarter. Further, we noted that ad budgets for 2021 have finally firmed up and we see a shift away from linear TV into digital channels as a big driver. Additionally, we pointed out that the high opt-out rates among iOS users has made the audience less attractive and the expert has seen budgets on FB ads shift to the majority being Android devices instead of iOS due to better targetability. We continue to view Alphabet as a top large-cap pick.\n\nThe Jefferies price target for the stock is $2,850. The Wall Street consensus target is $2,750.07. The stock closed Friday trading at $2,505.15.\nCostco\nThis has become the ultimate destination for the American consumer regardless of the economy, and it stands to have a massive summer selling season. Costco Wholesale Corp. (NASDAQ: COST) has a unique business model. It operates membership warehouses, and it buys the majority of its merchandise directly from manufacturers, essentially cutting out the middleman. Costco sells in bulk but also at a lower price, thus fueling its rapid growth. With consumers having more free cash to spend as gasoline prices have dropped, this major retailer may continue to see large revenue gains.\nCostco remains one of the few conventional retailers where metrics like store traffic, market share gains and a validated model could bode well for international growth and expansion. The company is largely unharmed by e-commerce, and it continues to add stores in strategically mapped out locations.\nWall Street loves the company’s pricing authority on key items and the leading merchandising offerings, and the relatively new Costco co-branded card with Visa is a real positive. Add in the company’s growing online presence and the future looks bright. The analysts said this:\n\n We took a deeper look into our May 2021 club consumer survey at company and cohort-specific levels, as well as broader industry trends. Additionally, we recently spoke with the management teams of BJ’s Costco and Walmart. Our takeaways include: 1) the pandemic is driving higher engagement/spend across cohorts; 2) we view increasing gen merch/services as key to extending spending; 3) omni-channel efforts vary by retailer and the consumer is still deciding; and 4) more and bigger streamlining tech is coming.\n\nCostco shareholders receive a 0.80% dividend. Jefferies has a $445 price target, and the consensus target is $408.41. The shares closed on Friday at $398.94.\nThis has long been a Wall Street favorite, and it continues to deliver solid results. PayPal Holdings Inc. (NASDAQ: PYPL) operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide.\nThe company enables businesses of various sizes to accept payments from merchant websites, mobile devices and applications, as well as at offline retail locations through a range of payment solutions across its payments platform, including PayPal, PayPal Credit, Venmo and Braintree products.\nPayPal’s platform allows customers to pay and be paid, withdraw funds to their bank accounts and hold balances in their PayPal accounts in various currencies.\nJefferies is very positive on the company:\n\n On August 2nd, pricing for PayPal Checkout, Pay With Venmo, Pay in 4, and PayPal Credit will increase to 3.49% + $0.49 for US small- to mid-sized businesses (SMB) merchants, up from 2.9% +$0.30 currently. We estimate 6-7% of total payment volume is US SMB branded volume and will be affected by the price increase. Meanwhile, volume-based pricing on “unbranded” volume will be lowered to 2.59% (from 2.90%) in a move we believe is aimed at Stripe. We believe the impact is baked into the fiscal year 2021 guide, but estimate the price hikes adding ~3% of top-line growth in fiscal year 2022 and 2023. As a result, we took our estimates through 2023 slightly higher, but assume management reinvests a portion of the pricing tailwind back into the business.\n\nThe $340 Jefferies price target compares with the $314.04 consensus target and Friday’s closing share price of $290.24.\nThese three companies are dominant in their respective business silos and poised not only to post solid second-quarter results, but each has very promising runaways for the rest of 2021 and beyond. Growth stock investors with long-term time horizons may want to consider buying shares now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":140823651,"gmtCreate":1625647469573,"gmtModify":1703745584906,"author":{"id":"3572752455459197","authorId":"3572752455459197","authorIdStr":"3572752455459197","name":"LvinTee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572752455459197"},"themes":[],"htmlText":"More to share","listText":"More to share","text":"More to share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140823651","repostId":"1132299796","repostType":4,"repost":{"id":"1132299796","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625645793,"share":"https://ttm.financial/m/news/1132299796?lang=&edition=fundamental","pubTime":"2021-07-07 16:16","market":"us","language":"en","title":"Didi shares fell more than 3% in premarket trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1132299796","media":"Tiger Newspress","summary":"Didi shares fell more than 3% in premarket trading.\nTwo Chinese popular mobile apps, Ant's Alipay an","content":"<p>Didi&nbsp;shares fell&nbsp;more&nbsp;than 3% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/31a745300689c8754119a2e79a0cef02\" tg-width=\"1276\" tg-height=\"632\" referrerpolicy=\"no-referrer\">Two&nbsp;Chinese popular mobile apps, Ant's Alipay and Tencent's Wechat, have suspended the light-version software of Didi Global Inc's ride hailing services in China to new users, a source familiar with the matter said.</p>\n<p>The light-version platforms, known as mini programmes, are smaller than common mobile apps and exist inside a super, or multifunction app, such as Alipay or Wechat.</p>\n<p>Didi also operates a standalone app. Last week China's cyberspace regulator ordered app stores to remove Didi's app and Didi has stopped new user registrations after the regulator said Didi illegally collected user data.</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, closing a loophole long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994 and make no reference to companies registered in places like the Cayman Islands, said the people, asking not to be identified discussing a private matter. Once amended, the rules would require firms structured using the so-called Variable Interest Entity model to seek approval before going public in Hong Kong or the U.S., the people said.</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>Didi shares fell more than 3% in premarket trading.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi shares fell more than 3% in premarket trading.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-07 16:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Didi&nbsp;shares fell&nbsp;more&nbsp;than 3% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/31a745300689c8754119a2e79a0cef02\" tg-width=\"1276\" tg-height=\"632\" referrerpolicy=\"no-referrer\">Two&nbsp;Chinese popular mobile apps, Ant's Alipay and Tencent's Wechat, have suspended the light-version software of Didi Global Inc's ride hailing services in China to new users, a source familiar with the matter said.</p>\n<p>The light-version platforms, known as mini programmes, are smaller than common mobile apps and exist inside a super, or multifunction app, such as Alipay or Wechat.</p>\n<p>Didi also operates a standalone app. Last week China's cyberspace regulator ordered app stores to remove Didi's app and Didi has stopped new user registrations after the regulator said Didi illegally collected user data.</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, closing a loophole long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994 and make no reference to companies registered in places like the Cayman Islands, said the people, asking not to be identified discussing a private matter. Once amended, the rules would require firms structured using the so-called Variable Interest Entity model to seek approval before going public in Hong Kong or the U.S., the people said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132299796","content_text":"Didi shares fell more than 3% in premarket trading.\nTwo Chinese popular mobile apps, Ant's Alipay and Tencent's Wechat, have suspended the light-version software of Didi Global Inc's ride hailing services in China to new users, a source familiar with the matter said.\nThe light-version platforms, known as mini programmes, are smaller than common mobile apps and exist inside a super, or multifunction app, such as Alipay or Wechat.\nDidi also operates a standalone app. Last week China's cyberspace regulator ordered app stores to remove Didi's app and Didi has stopped new user registrations after the regulator said Didi illegally collected user data.\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, closing a loophole long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994 and make no reference to companies registered in places like the Cayman Islands, said the people, asking not to be identified discussing a private matter. Once amended, the rules would require firms structured using the so-called Variable Interest Entity model to seek approval before going public in Hong Kong or the U.S., the people said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140823002,"gmtCreate":1625647429706,"gmtModify":1703745583896,"author":{"id":"3572752455459197","authorId":"3572752455459197","authorIdStr":"3572752455459197","name":"LvinTee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572752455459197"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140823002","repostId":"1163143630","repostType":4,"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}