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2021-07-28

$AAPL 20210820 110.0 PUT(AAPL)$ggogogo

2021-07-27

$CHINA STRATEGIC(00235)$come

2021-07-21

Start selling

2021-07-21

Further down it goes

Cryptocurrency-related stocks soar in morning trading

2021-07-21

$AAPL 20210820 110.0 PUT(AAPL)$lezzgo

2021-05-30

Go go go

2021-05-30

Agreed ?

Consumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it

2021-05-30

Oh I seereee

Sorry, the original content has been removed

2021-05-03

Coins for me!

Hong Kong stocks end over 1% lower as financials, Mengniu weigh

2021-04-29

Tak bo leh

2021-04-28

$China Strategic(00235)$goooodness

2021-04-28

Share liao leh

2021-04-28

This is just a get coins share

2021-04-27

Gogogogo

2021-04-27

Share share share

2021-04-27

Give me coinsssss

Meituan ADR fell by 6.84%

2021-04-27

Maybe I have been commenting on wrong places

If Biden hikes capital gains taxes on millionaires, some new investors see a ‘buying opportunity’

2021-04-26

Oh la le la la heh

Netflix snags 7 awards, nearly doubling its all-time Oscars tally

2021-04-26

Wowowie coins pls

Gen Z Tailwinds And Stellar Monetization Capabilities Price In A 20% Upside For Bilibili

2021-04-26

Oh lalalaa

Imagining Berkshire Hathaway after Buffett: Who will be CEO, what else will change — and what won’t

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goes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176884026","repostId":"1182009211","repostType":4,"repost":{"id":"1182009211","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626876025,"share":"https://ttm.financial/m/news/1182009211?lang=&edition=fundamental","pubTime":"2021-07-21 22:00","market":"us","language":"en","title":"Cryptocurrency-related stocks soar in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1182009211","media":"Tiger Newspress","summary":"(July 21) Cryptocurrency-related stocks soar in morning trading. \nOn day after sliding below $30,000","content":"<p>(July 21)&nbsp;Cryptocurrency-related stocks soar in morning trading.&nbsp;</p>\n<p>On day after sliding below $30,000, a key support level which many said has to hold, it did just that with bitcoin storming higher and back over $31,000.</p>\n<p><img src=\"https://static.tigerbbs.com/96ba84b633e0ac3f409f8c463cd88beb\" tg-width=\"310\" tg-height=\"366\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b1ff2661c20fa3335bbd359f86b5e594\" tg-width=\"687\" tg-height=\"733\" referrerpolicy=\"no-referrer\"></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>Cryptocurrency-related stocks soar in morning trading</title>\n<style 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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\">\nCryptocurrency-related stocks soar in morning 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\">2021-07-21 22:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July 21)&nbsp;Cryptocurrency-related stocks soar in morning trading.&nbsp;</p>\n<p>On day after sliding below $30,000, a key support level which many said has to hold, it did just that with bitcoin storming higher and back over $31,000.</p>\n<p><img src=\"https://static.tigerbbs.com/96ba84b633e0ac3f409f8c463cd88beb\" tg-width=\"310\" tg-height=\"366\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b1ff2661c20fa3335bbd359f86b5e594\" tg-width=\"687\" tg-height=\"733\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182009211","content_text":"(July 21) Cryptocurrency-related stocks soar in morning trading. \nOn day after sliding below $30,000, a key support level which many said has to hold, it did just that with bitcoin storming higher and back over $31,000.","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176897411,"gmtCreate":1626875396433,"gmtModify":1703479727476,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$AAPL 20210820 110.0 PUT(AAPL)$</a>lezzgo","listText":"<a href=\"https://laohu8.com/S/AAPL\">$AAPL 20210820 110.0 PUT(AAPL)$</a>lezzgo","text":"$AAPL 20210820 110.0 PUT(AAPL)$lezzgo","images":[{"img":"https://static.tigerbbs.com/dd7cb0713dd473cef7d12dde4cb2fd3a","width":"1768","height":"3143"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176897411","isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":137794407,"gmtCreate":1622388279709,"gmtModify":1704183729308,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[{"img":"https://static.tigerbbs.com/bc6e1d41043d8455d7436d96717b6fbd","width":"960","height":"2219"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137794407","isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":137794574,"gmtCreate":1622388256598,"gmtModify":1704183728820,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Agreed ?","listText":"Agreed ?","text":"Agreed ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137794574","repostId":"2138306488","repostType":4,"repost":{"id":"2138306488","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1622212920,"share":"https://ttm.financial/m/news/2138306488?lang=&edition=fundamental","pubTime":"2021-05-28 22:42","market":"us","language":"en","title":"Consumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it","url":"https://stock-news.laohu8.com/highlight/detail?id=2138306488","media":"Dow Jones","summary":"The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay hig","content":"<p>The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay higher prices for a variety of goods and services ranging from steaks to used cars to plane tickets, according to a closely followed consumer survey.</p><p>The second and final reading of the consumer sentiment index edged up a tick to 82.9 from an initial 82.8, the University of Michigan said Friday. But it was still down sharply from a 13-month high of 88.3 in April.</p><p>All three major surveys of consumer confidence fell in May  owing to worries about higher prices.</p><p>Big picture: For the first time in arguably decades inflation is on the minds of everyone from Main Street to Wall Street to Washington.  Prices are soaring after years of hardly any inflation.</p><p>The Federal Reserve, the nation's inflation watchdog, insists prices will come back down once the economy has mostly recovered from the coronavirus pandemic and  pentup demand is satisfied.</p><p>The process could take a year or more to play out, though, and keep the debate over inflation raging.</p><p>Key details: The surprise decline in consumer sentiment in May was triggered by sudden worries about inflation. Consumer prices have surged this year  and jumped more than 4% in the past 12 months -- a 13-year high.</p><p>Americans are paying more for virtually everything: groceries, gas, appliances, sporting goods, used vehicles, auto insurance, vacation rentals and so on. That's eating away at their paychecks and some of their hefty savings.</p><p>The result: The attitude of Americans right now about their personal finances and broader economy is somewhat subdued despite a huge decline in coronavirus cases. The so-called index of current conditions declined to 89.4 in May from 97.2 in April.</p><p>Consumers were also uncertain about what the next six months would bring. The expectation index slipped to 78.8 this month from 82.7 in April.</p><p>What they are saying? \"Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables,' said Richard Curtin, chief economist of the survey.</p><p>Market reaction: The Dow Jones Industrial Average  and S&amp;P  rose in Friday trades. Stocks held onto gains after the sentiment results.</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>Consumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it</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\">\nConsumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-28 22:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay higher prices for a variety of goods and services ranging from steaks to used cars to plane tickets, according to a closely followed consumer survey.</p><p>The second and final reading of the consumer sentiment index edged up a tick to 82.9 from an initial 82.8, the University of Michigan said Friday. But it was still down sharply from a 13-month high of 88.3 in April.</p><p>All three major surveys of consumer confidence fell in May  owing to worries about higher prices.</p><p>Big picture: For the first time in arguably decades inflation is on the minds of everyone from Main Street to Wall Street to Washington.  Prices are soaring after years of hardly any inflation.</p><p>The Federal Reserve, the nation's inflation watchdog, insists prices will come back down once the economy has mostly recovered from the coronavirus pandemic and  pentup demand is satisfied.</p><p>The process could take a year or more to play out, though, and keep the debate over inflation raging.</p><p>Key details: The surprise decline in consumer sentiment in May was triggered by sudden worries about inflation. Consumer prices have surged this year  and jumped more than 4% in the past 12 months -- a 13-year high.</p><p>Americans are paying more for virtually everything: groceries, gas, appliances, sporting goods, used vehicles, auto insurance, vacation rentals and so on. That's eating away at their paychecks and some of their hefty savings.</p><p>The result: The attitude of Americans right now about their personal finances and broader economy is somewhat subdued despite a huge decline in coronavirus cases. The so-called index of current conditions declined to 89.4 in May from 97.2 in April.</p><p>Consumers were also uncertain about what the next six months would bring. The expectation index slipped to 78.8 this month from 82.7 in April.</p><p>What they are saying? \"Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables,' said Richard Curtin, chief economist of the survey.</p><p>Market reaction: The Dow Jones Industrial Average  and S&amp;P  rose in Friday trades. Stocks held onto gains after the sentiment results.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138306488","content_text":"The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay higher prices for a variety of goods and services ranging from steaks to used cars to plane tickets, according to a closely followed consumer survey.The second and final reading of the consumer sentiment index edged up a tick to 82.9 from an initial 82.8, the University of Michigan said Friday. But it was still down sharply from a 13-month high of 88.3 in April.All three major surveys of consumer confidence fell in May  owing to worries about higher prices.Big picture: For the first time in arguably decades inflation is on the minds of everyone from Main Street to Wall Street to Washington.  Prices are soaring after years of hardly any inflation.The Federal Reserve, the nation's inflation watchdog, insists prices will come back down once the economy has mostly recovered from the coronavirus pandemic and  pentup demand is satisfied.The process could take a year or more to play out, though, and keep the debate over inflation raging.Key details: The surprise decline in consumer sentiment in May was triggered by sudden worries about inflation. Consumer prices have surged this year  and jumped more than 4% in the past 12 months -- a 13-year high.Americans are paying more for virtually everything: groceries, gas, appliances, sporting goods, used vehicles, auto insurance, vacation rentals and so on. That's eating away at their paychecks and some of their hefty savings.The result: The attitude of Americans right now about their personal finances and broader economy is somewhat subdued despite a huge decline in coronavirus cases. The so-called index of current conditions declined to 89.4 in May from 97.2 in April.Consumers were also uncertain about what the next six months would bring. The expectation index slipped to 78.8 this month from 82.7 in April.What they are saying? \"Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables,' said Richard Curtin, chief economist of the survey.Market reaction: The Dow Jones Industrial Average  and S&P  rose in Friday trades. Stocks held onto gains after the sentiment results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137794284,"gmtCreate":1622388236248,"gmtModify":1704183728984,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Oh I seereee","listText":"Oh I seereee","text":"Oh I seereee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137794284","repostId":"1188611521","repostType":4,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108224741,"gmtCreate":1620032676883,"gmtModify":1704337632704,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Coins for me!","listText":"Coins for me!","text":"Coins for me!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/108224741","repostId":"2132591211","repostType":4,"repost":{"id":"2132591211","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1620031880,"share":"https://ttm.financial/m/news/2132591211?lang=&edition=fundamental","pubTime":"2021-05-03 16:51","market":"hk","language":"en","title":"Hong Kong stocks end over 1% lower as financials, Mengniu weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2132591211","media":"Reuters","summary":"HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent r","content":"<p>HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain.</p><p>The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index    fell 1.04% to 10,713.</p><p>After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.</p><p>The Hong Kong Monetary Authority, the key manager of Hong Kong's Exchange Fund, said slow vaccination take up in the city could hinder its competitiveness as a business centre.</p><p>The sub-index of the Hang Seng tracking energy shares&nbsp;dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.</p><p>China's stock and bond markets, as well as its foreign exchange and commodity futures markets are closed on May 1-5 for the Labour Day holiday.</p><p>\"Investors were not even interested in hunting for bargain when markets like Japan and China were on holiday,\" said Steven Leung, a sales director at UOB Kay Hian, adding, concern over further measures from China's regulators aiming at new economy stocks also kept investors away.</p><p>The top gainer on the Hang Seng was China Petroleum &amp; Chemical Corp, up 1.29%, while the biggest loser was China Mengniu Dairy Co Ltd, dropping 3.49%.</p><p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was weaker by 0.73%.</p><p>The top gainers among H-shares were Anhui Conch Cement Co Ltd    up 1.94%, followed by Hansoh Pharmaceutical Group Company Ltd, gaining 1.49% and  <a href=\"https://laohu8.com/S/PSBKF\">Postal Savings Bank of China Co Ltd</a>, up by 1.38%.</p><p>The three biggest H-shares percentage decliners were China Mengniu Dairy Co Ltd, down 3.49%, China Feihe Ltd, falling 2.93% and <a href=\"https://laohu8.com/S/ALBHF\">Alibaba Health Information Technology Ltd</a>, down 2.53%.</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>Hong Kong stocks end over 1% lower as financials, Mengniu weigh</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong stocks end over 1% lower as financials, Mengniu weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-03 16:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain.</p><p>The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index    fell 1.04% to 10,713.</p><p>After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.</p><p>The Hong Kong Monetary Authority, the key manager of Hong Kong's Exchange Fund, said slow vaccination take up in the city could hinder its competitiveness as a business centre.</p><p>The sub-index of the Hang Seng tracking energy shares&nbsp;dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.</p><p>China's stock and bond markets, as well as its foreign exchange and commodity futures markets are closed on May 1-5 for the Labour Day holiday.</p><p>\"Investors were not even interested in hunting for bargain when markets like Japan and China were on holiday,\" said Steven Leung, a sales director at UOB Kay Hian, adding, concern over further measures from China's regulators aiming at new economy stocks also kept investors away.</p><p>The top gainer on the Hang Seng was China Petroleum &amp; Chemical Corp, up 1.29%, while the biggest loser was China Mengniu Dairy Co Ltd, dropping 3.49%.</p><p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was weaker by 0.73%.</p><p>The top gainers among H-shares were Anhui Conch Cement Co Ltd    up 1.94%, followed by Hansoh Pharmaceutical Group Company Ltd, gaining 1.49% and  <a href=\"https://laohu8.com/S/PSBKF\">Postal Savings Bank of China Co Ltd</a>, up by 1.38%.</p><p>The three biggest H-shares percentage decliners were China Mengniu Dairy Co Ltd, down 3.49%, China Feihe Ltd, falling 2.93% and <a href=\"https://laohu8.com/S/ALBHF\">Alibaba Health Information Technology Ltd</a>, down 2.53%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03143":"华夏香港银行股","03692":"翰森制药","00241":"阿里健康","HSBA.UK":"汇丰控股有限公司","02319":"蒙牛乳业","01024":"快手-W","01658":"邮储银行","HSTECH":"恒生科技指数","09988":"阿里巴巴-W","00914":"海螺水泥","00386":"中国石油化工股份","HSBC":"汇丰","00005":"汇丰控股","HSCEI":"国企指数","HSCCI":"红筹指数","HSI":"恒生指数","06186":"中国飞鹤"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132591211","content_text":"HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain.The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index    fell 1.04% to 10,713.After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.The Hong Kong Monetary Authority, the key manager of Hong Kong's Exchange Fund, said slow vaccination take up in the city could hinder its competitiveness as a business centre.The sub-index of the Hang Seng tracking energy shares dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.China's stock and bond markets, as well as its foreign exchange and commodity futures markets are closed on May 1-5 for the Labour Day holiday.\"Investors were not even interested in hunting for bargain when markets like Japan and China were on holiday,\" said Steven Leung, a sales director at UOB Kay Hian, adding, concern over further measures from China's regulators aiming at new economy stocks also kept investors away.The top gainer on the Hang Seng was China Petroleum & Chemical Corp, up 1.29%, while the biggest loser was China Mengniu Dairy Co Ltd, dropping 3.49%.Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.73%.The top gainers among H-shares were Anhui Conch Cement Co Ltd    up 1.94%, followed by Hansoh Pharmaceutical Group Company Ltd, gaining 1.49% and  Postal Savings Bank of China Co Ltd, up by 1.38%.The three biggest H-shares percentage decliners were China Mengniu Dairy Co Ltd, down 3.49%, China Feihe Ltd, falling 2.93% and Alibaba Health Information Technology Ltd, down 2.53%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109904135,"gmtCreate":1619657380327,"gmtModify":1704727471145,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Tak bo leh","listText":"Tak bo leh","text":"Tak bo 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share share&nbsp;","listText":"Share share share&nbsp;","text":"Share share share","images":[{"img":"https://static.tigerbbs.com/dde68228c523727739efcbb61621d53a","width":"1080","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377037402","isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":374535152,"gmtCreate":1619454400076,"gmtModify":1704724221540,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Give me coinsssss","listText":"Give me coinsssss","text":"Give me coinsssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374535152","repostId":"1125777657","repostType":4,"repost":{"id":"1125777657","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619445274,"share":"https://ttm.financial/m/news/1125777657?lang=&edition=fundamental","pubTime":"2021-04-26 21:54","market":"us","language":"en","title":"Meituan ADR fell by 6.84%","url":"https://stock-news.laohu8.com/highlight/detail?id=1125777657","media":"Tiger Newspress","summary":"Meituan ADR fell by 6.84%. Today, the State Administration of Market Supervision filed an investigat","content":"<p>Meituan&nbsp;ADR fell by 6.84%. Today, the State Administration of Market Supervision filed an investigation into Meituan’s \"choice of two\" and other suspected monopolistic behaviors in accordance with the report.</p>\n<p><img src=\"https://static.tigerbbs.com/30036bb510caca429649b75e1910b891\" tg-width=\"1302\" tg-height=\"833\"></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>Meituan ADR fell by 6.84%</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\">\nMeituan ADR fell by 6.84%\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\">2021-04-26 21:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Meituan&nbsp;ADR fell by 6.84%. Today, the State Administration of Market Supervision filed an investigation into Meituan’s \"choice of two\" and other suspected monopolistic behaviors in accordance with the report.</p>\n<p><img src=\"https://static.tigerbbs.com/30036bb510caca429649b75e1910b891\" tg-width=\"1302\" tg-height=\"833\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MPNGY":"美团ADR"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125777657","content_text":"Meituan ADR fell by 6.84%. Today, the State Administration of Market Supervision filed an investigation into Meituan’s \"choice of two\" and other suspected monopolistic behaviors in accordance with the report.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374535045,"gmtCreate":1619454379787,"gmtModify":1704724221217,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Maybe I have been commenting on wrong places","listText":"Maybe I have been commenting on wrong places","text":"Maybe I have been commenting on wrong places","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374535045","repostId":"1126815616","repostType":4,"repost":{"id":"1126815616","kind":"news","pubTimestamp":1619451024,"share":"https://ttm.financial/m/news/1126815616?lang=&edition=fundamental","pubTime":"2021-04-26 23:30","market":"us","language":"en","title":"If Biden hikes capital gains taxes on millionaires, some new investors see a ‘buying opportunity’","url":"https://stock-news.laohu8.com/highlight/detail?id=1126815616","media":"MarketWatch","summary":"‘I look at something like this as an opportunity to buy and hold,’ said one millennial investor who’","content":"<p>‘I look at something like this as an opportunity to buy and hold,’ said one millennial investor who’s on the lookout for a stock market sell-off if capital gains tax rates increase.</p>\n<p>Alex Zagorski will be on the lookout for stock market bargains if President Joe Biden goes through with a reported plan to effectively double the capital gains tax rate on people who earn at least $1 million a year.</p>\n<p>Biden is reportedly planning tofollow through on a campaign pledgeto apply a 39.6% capital gains rate for millionaires and above. Coupled with a pre-existing 3.8% tax linked to the Affordable Care Act, that would be 43.4% rate. The capital gains rate on profits from investment securities is currently 20% for top earners.</p>\n<p>If history is any guide — and if Biden can even get the idea through Congress — there’s going to be a stock market sell-off in some form as some rich investors take advantage of lower rates before they climb.</p>\n<p>And Zagorski, a 27-year-old mechanical engineer from Detroit, Mich. with years of investing experience, will be there waiting. “My opinion on investing is very long-term,” he told MarketWatch. “I look at something like this as an opportunity to buy and hold.”</p>\n<p>Martin Sanchez, another relatively new investor, who started buying individual stocks in 2018, agrees. “I think there’s a buying opportunity for millennials if we do see a huge sell-off,” said the 27-year-old Winston Salem, N.C. resident, who works in the tech sector.</p>\n<p>If Sanchez sees the opening, he might buy up some shares in companies that focus on web security, giving him a chance to spread out his holdings, which are heavier in stocks like DisneyDIS,0.38%and TeslaDIS,0.38%.Sanchez is watching Biden’s tax proposals closely.</p>\n<p>There are a lot of open questions about the possible capital gains rate hike. Will Biden include the idea in the “American Families Plan” that he’s expected to unveil on Wednesday? How many other tax hikes targeting rich household will that plan include? Will it pass Congress?</p>\n<p>But another question is: What does this potential tax increase mean for a new generation of retail investors?</p>\n<p>By now, newer investors have gone through the 2020 market’s fall and rise, and weathered the meme stock trading frenzy that put companies like GameStopGME,3.18%on a share price rollercoaster. Do they stand to gain from an estimated$178 billionin selling that could occur prior to the rate increase?</p>\n<p>“There are some who may view it as, ‘Oh, here’s my opportunity to get on board,’” said James Angel, a professor at Georgetown University’s McDonough School of Business.</p>\n<p>But like so much else based on the potential rate hikes, there are big open questions on how new investors — and investors in general — will react. “Does it create opportunity? Well, maybe,” Angel said. “But you have to look carefully on stock-by-stock basis.”</p>\n<p>Indeed,a share price might have little to do with the tax environment,one investor note said Friday. “Ultimately, other factors such as the outlook for economic growth, monetary policy, and interest rates are much more powerful drivers of equity market returns and valuations,” wrote Mark Haefele, chief investment officer for global wealth management at UBS.</p>\n<p>‘One would expect people to start selling off’</p>\n<p>When President Ronald Reagan signed theTax Reform Act of 1986,he lowered the top income-tax rate from 50% to 28%.</p>\n<p>The Republican president also changed the tax code in order to treat long-term capital gains as ordinary income, instead of giving capital gains a preferential rate. That bumped the capital gains rate up to 28% for rich households.</p>\n<p>In the lead up to the changes during tax year 1986, there was a 60% rise in sales on all sorts of capital assets, according to researchers at the nonpartisan U.S. Congress committee Joint Committee on Taxation, and the Tax Policy Center, a think tank.</p>\n<p>Ahead of a 2013 change — which brought the long-term capital gains rate from 15% to 20% and tacked on the 3.8% Net Investment Income Tax — there was a 40% rise in capital gains “realizations,”the researchers said, meaning investors were selling their holdings.</p>\n<p>History could repeat itself, one of the authors told MarketWatch.</p>\n<p>“Certainly, one would expect people to start selling off,” said Robert McClelland, a senior fellow at the Tax Policy Center. “How much, I don’t know.”</p>\n<p>But McClelland noted it’s important to remember that many stock market buyers are foreign investors and retirement accounts, including 401(k) plans or pension plans, rather than individual investors operating through a brokerage account.</p>\n<p>Foreign investors own about 40% of stock market equity and retirement accounts own about 30%, according toestimateslast year from McClelland’s Tax Policy Center colleagues. Taxable accounts, like a brokerage account, own another 25% in stock market equity.</p>\n<p>Another thing to remember is if rich people are selling, it hardly means they are walking away. “I would still be buying for my clients,” said David Haas, owner of Cereus Financial Advisors in Franklin Lakes, N.J. “In other words, selling does not mean getting out of the market. I would sell a client’s gains and buy something similar to continue participation in the market. The point is to take gains, not stop investing.”</p>\n<p>As markets digested news Thursday of Biden’s possible capital gains tax hike, they ended the day on a down note. By Friday, they rebounded, with the Dow Jones Industrial AverageDJIA,0.12%ending 228 points higher, up 0.7%, and the S&amp;P 500SPX,0.28%finishing up 1.1%higher.</p>\n<p>Zagorski says he might be able to profit from any future sell off, but that still doesn’t erase his personal concerns about a rate hike. With any capital gains rate increase, in his view, “you’re just taking away money from people who would be investing in the market.”</p>\n<p>But going forward, the buying opportunities might not be crystal clear. Some less experienced retail investors might not be able to determine if stock sales and potentially dropping prices have to do with tax strategy — and that might cause them to sell too, he said.</p>\n<p>“When you see people at the top doing things, it’s instinctual to mimic them, even if it’s not in your best interest,” he said.</p>\n<p></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>If Biden hikes capital gains taxes on millionaires, some new investors see a ‘buying opportunity’</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\">\nIf Biden hikes capital gains taxes on millionaires, some new investors see a ‘buying opportunity’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/if-biden-hikes-capital-gains-taxes-on-millionaires-some-new-investors-see-a-buying-opportunity-11619450737?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘I look at something like this as an opportunity to buy and hold,’ said one millennial investor who’s on the lookout for a stock market sell-off if capital gains tax rates increase.\nAlex Zagorski will...</p>\n\n<a href=\"https://www.marketwatch.com/story/if-biden-hikes-capital-gains-taxes-on-millionaires-some-new-investors-see-a-buying-opportunity-11619450737?mod=mw_latestnews\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/if-biden-hikes-capital-gains-taxes-on-millionaires-some-new-investors-see-a-buying-opportunity-11619450737?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126815616","content_text":"‘I look at something like this as an opportunity to buy and hold,’ said one millennial investor who’s on the lookout for a stock market sell-off if capital gains tax rates increase.\nAlex Zagorski will be on the lookout for stock market bargains if President Joe Biden goes through with a reported plan to effectively double the capital gains tax rate on people who earn at least $1 million a year.\nBiden is reportedly planning tofollow through on a campaign pledgeto apply a 39.6% capital gains rate for millionaires and above. Coupled with a pre-existing 3.8% tax linked to the Affordable Care Act, that would be 43.4% rate. The capital gains rate on profits from investment securities is currently 20% for top earners.\nIf history is any guide — and if Biden can even get the idea through Congress — there’s going to be a stock market sell-off in some form as some rich investors take advantage of lower rates before they climb.\nAnd Zagorski, a 27-year-old mechanical engineer from Detroit, Mich. with years of investing experience, will be there waiting. “My opinion on investing is very long-term,” he told MarketWatch. “I look at something like this as an opportunity to buy and hold.”\nMartin Sanchez, another relatively new investor, who started buying individual stocks in 2018, agrees. “I think there’s a buying opportunity for millennials if we do see a huge sell-off,” said the 27-year-old Winston Salem, N.C. resident, who works in the tech sector.\nIf Sanchez sees the opening, he might buy up some shares in companies that focus on web security, giving him a chance to spread out his holdings, which are heavier in stocks like DisneyDIS,0.38%and TeslaDIS,0.38%.Sanchez is watching Biden’s tax proposals closely.\nThere are a lot of open questions about the possible capital gains rate hike. Will Biden include the idea in the “American Families Plan” that he’s expected to unveil on Wednesday? How many other tax hikes targeting rich household will that plan include? Will it pass Congress?\nBut another question is: What does this potential tax increase mean for a new generation of retail investors?\nBy now, newer investors have gone through the 2020 market’s fall and rise, and weathered the meme stock trading frenzy that put companies like GameStopGME,3.18%on a share price rollercoaster. Do they stand to gain from an estimated$178 billionin selling that could occur prior to the rate increase?\n“There are some who may view it as, ‘Oh, here’s my opportunity to get on board,’” said James Angel, a professor at Georgetown University’s McDonough School of Business.\nBut like so much else based on the potential rate hikes, there are big open questions on how new investors — and investors in general — will react. “Does it create opportunity? Well, maybe,” Angel said. “But you have to look carefully on stock-by-stock basis.”\nIndeed,a share price might have little to do with the tax environment,one investor note said Friday. “Ultimately, other factors such as the outlook for economic growth, monetary policy, and interest rates are much more powerful drivers of equity market returns and valuations,” wrote Mark Haefele, chief investment officer for global wealth management at UBS.\n‘One would expect people to start selling off’\nWhen President Ronald Reagan signed theTax Reform Act of 1986,he lowered the top income-tax rate from 50% to 28%.\nThe Republican president also changed the tax code in order to treat long-term capital gains as ordinary income, instead of giving capital gains a preferential rate. That bumped the capital gains rate up to 28% for rich households.\nIn the lead up to the changes during tax year 1986, there was a 60% rise in sales on all sorts of capital assets, according to researchers at the nonpartisan U.S. Congress committee Joint Committee on Taxation, and the Tax Policy Center, a think tank.\nAhead of a 2013 change — which brought the long-term capital gains rate from 15% to 20% and tacked on the 3.8% Net Investment Income Tax — there was a 40% rise in capital gains “realizations,”the researchers said, meaning investors were selling their holdings.\nHistory could repeat itself, one of the authors told MarketWatch.\n“Certainly, one would expect people to start selling off,” said Robert McClelland, a senior fellow at the Tax Policy Center. “How much, I don’t know.”\nBut McClelland noted it’s important to remember that many stock market buyers are foreign investors and retirement accounts, including 401(k) plans or pension plans, rather than individual investors operating through a brokerage account.\nForeign investors own about 40% of stock market equity and retirement accounts own about 30%, according toestimateslast year from McClelland’s Tax Policy Center colleagues. Taxable accounts, like a brokerage account, own another 25% in stock market equity.\nAnother thing to remember is if rich people are selling, it hardly means they are walking away. “I would still be buying for my clients,” said David Haas, owner of Cereus Financial Advisors in Franklin Lakes, N.J. “In other words, selling does not mean getting out of the market. I would sell a client’s gains and buy something similar to continue participation in the market. The point is to take gains, not stop investing.”\nAs markets digested news Thursday of Biden’s possible capital gains tax hike, they ended the day on a down note. By Friday, they rebounded, with the Dow Jones Industrial AverageDJIA,0.12%ending 228 points higher, up 0.7%, and the S&P 500SPX,0.28%finishing up 1.1%higher.\nZagorski says he might be able to profit from any future sell off, but that still doesn’t erase his personal concerns about a rate hike. With any capital gains rate increase, in his view, “you’re just taking away money from people who would be investing in the market.”\nBut going forward, the buying opportunities might not be crystal clear. Some less experienced retail investors might not be able to determine if stock sales and potentially dropping prices have to do with tax strategy — and that might cause them to sell too, he said.\n“When you see people at the top doing things, it’s instinctual to mimic them, even if it’s not in your best interest,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374392317,"gmtCreate":1619416341139,"gmtModify":1704723505983,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Oh la le la la heh","listText":"Oh la le la la heh","text":"Oh la le la la heh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374392317","repostId":"1101649274","repostType":4,"repost":{"id":"1101649274","kind":"news","pubTimestamp":1619413101,"share":"https://ttm.financial/m/news/1101649274?lang=&edition=fundamental","pubTime":"2021-04-26 12:58","market":"us","language":"en","title":"Netflix snags 7 awards, nearly doubling its all-time Oscars tally","url":"https://stock-news.laohu8.com/highlight/detail?id=1101649274","media":"CNBC","summary":"In one night,Netflixhas nearly doubled its number of Oscar wins.\nHeading into Sunday's 93rd annual A","content":"<div>\n<p>In one night,Netflixhas nearly doubled its number of Oscar wins.\nHeading into Sunday's 93rd annual Academy Awards ceremony, the streaming service had 36 Oscar nominations across 17 films —the most of ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/26/netflix-snags-7-awards-nearly-doubling-its-all-time-oscars-tally-.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>Netflix snags 7 awards, nearly doubling its all-time Oscars tally</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix snags 7 awards, nearly doubling its all-time Oscars tally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 12:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/26/netflix-snags-7-awards-nearly-doubling-its-all-time-oscars-tally-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In one night,Netflixhas nearly doubled its number of Oscar wins.\nHeading into Sunday's 93rd annual Academy Awards ceremony, the streaming service had 36 Oscar nominations across 17 films —the most of ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/26/netflix-snags-7-awards-nearly-doubling-its-all-time-oscars-tally-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.cnbc.com/2021/04/26/netflix-snags-7-awards-nearly-doubling-its-all-time-oscars-tally-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1101649274","content_text":"In one night,Netflixhas nearly doubled its number of Oscar wins.\nHeading into Sunday's 93rd annual Academy Awards ceremony, the streaming service had 36 Oscar nominations across 17 films —the most of any distributor in this year's slate.\nBy the end of the night,it garnered seven trophies. The second-highest tally went toDisney, which took home five awards.\nSince 2013, when Netflix earned its first nomination for best documentary feature for \"The Square,\" the platform has taken home eight Academy Awards. Now, its collection is 15 strong.\nHere are the awards Netflix won Sunday night:\n\nBest hairstyling and makeup for \"Ma Rainey's Black Bottom\"\nBest costume design for \"Ma Rainey's Black Bottom\"\nBest documentary feature for \"My Octopus Teacher\"\nBest live-action short for \"Two Distant Strangers\"\nBest animated short for \"If Anything Happens I Love You\"\nBest production design for \"Mank\"\nBest cinematography for \"Mank\"\n\n\"Ma Rainey's Black Bottom\" earned Netflix two wins: best hairstyling and makeup as well as best costume design.\nMia Neal and Jamika Wilson, two-thirds of the hairstyling and makeup team who worked on the film, made history on Sunday. The pair are the first Black women to receive a nomination for best makeup and hairstyling and, now, the first to win. Makeup artist Sergio Lopez-Rivera is also part of the Oscar-winning team.\nNetflix was expected to also take home the win for best actor, as the late Chadwick Boseman had posthumously received the best acting awards at the Critics Choice, Golden Globes and Screen Actors Guild awards this year for his performance in \"Ma Rainey's Black Bottom.\" However, the award went to Anthony Hopkins for his heartbreaking performance in \"The Father.\"\nOscars 2021 coverage from CNBC\nRead more about this year's Academy Awards:\n\nOscars 2021: Live Updates and Winners from the 93rd Academy Awards\n'Nomadland' leads the pack for best picture, but best actress award is wide open\nAs women directors enter the Oscar spotlight, here are 13 filmmakers to watch\nNetflix earns most Academy Award nominations in a year where diversity shines\n10 snubs and surprises from this year's Academy Award nominations\n\nThe streaming service's film \"Mank,\" which centers around \"Citizen Kane\" co-writer Herman Mankiewicz, led the pack with 10 nominations. It secured two wins. One for best production design and one for best cinematography.\nNetflix was also awarded best live-action short, best animated short and best documentary feature.\nThe tech company has steadily increased its nominations at Hollywood's top awards show over the last eight years, proving that it has made quality decisions about the product it has acquired or produced in-house.\nNetflix is known for packing its platform with content in order to keep subscribers coming month after month, but it's also drawing top talent. This Oscar class alone included names like Aaron Sorkin, Viola Davis, Chadwick Boseman, David Fincher, Sacha Baron Cohen, as well as Trent Reznor and Atticus Ross.\nNominations alone are enough to bring prestige to the streaming service, but wins can be even more enticing to filmmakers looking for more creative freedom in the industry.\nThe trophies also could coax new subscribers to join the service if they haven't seen the winning films. That would be a welcome development given the disappointing subscriber growth Netflix posted in the first quarter. The company attributed the slowdown to the ongoing coronavirus pandemic, which has delayed some of its high-profile shows and films.\nNetflix shares are down more than 6% since the start of the year, bringing its market value to $224 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374396538,"gmtCreate":1619416320624,"gmtModify":1704723505329,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Wowowie coins pls","listText":"Wowowie coins pls","text":"Wowowie coins pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374396538","repostId":"1148831828","repostType":4,"repost":{"id":"1148831828","kind":"news","pubTimestamp":1619415372,"share":"https://ttm.financial/m/news/1148831828?lang=&edition=fundamental","pubTime":"2021-04-26 13:36","market":"hk","language":"en","title":"Gen Z Tailwinds And Stellar Monetization Capabilities Price In A 20% Upside For Bilibili","url":"https://stock-news.laohu8.com/highlight/detail?id=1148831828","media":"seekingalpha","summary":"Summary\n\nBILI is poised to leverage on the increased purchasing power of the Gen Z population, throu","content":"<p><b>Summary</b></p>\n<ul>\n <li>BILI is poised to leverage on the increased purchasing power of the Gen Z population, through its position as a niche developer of ACG products.</li>\n <li>Despite strong competition in the Chinese entertainment industry, BILI is largely able to hold on to its consumers because of the brand loyalty secured by being a niche competitor.</li>\n <li>Strong brand loyalty also translates to strong monetization capabilities, which helps to protect its margins and is fundamental to its business model heading into the future.</li>\n <li>A DCF valuation reveals that it is priced attractively, with 20% upside based on reasonable estimates of the future.</li>\n <li>BILI's path to profitability will be fraught with challenges, but BILI might have the competitive ammunition needed to be a strong competitor in the mainstream.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a6fbf6f38d4288050672716e1bf2b8f6\" tg-width=\"768\" tg-height=\"512\"><span>Photo by helloabc/iStock Editorial via Getty Images</span></p>\n<p><b>Gen Z as the next Consumer Demographic to target</b></p>\n<p>While Bilibili (BILI) is a Shanghai-based firm, the name itself is actually a Japanese onomatopoeia for the sound made by electrical sparks, popularized by the nickname of the heroine of a (relatively) well-known anime series “A Certain Scientific Railgun”. Much like how audiences were drawn to the powerful lightning-wielding Mikasa Mikoto in the main series, many investors have also been allured by BILI's electrifying stock performance over the years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/497bdbe40bd944c7eefffeff8291b406\" tg-width=\"640\" tg-height=\"481\"><span>(Mikasa in the colors of Hangzhou Spark, an Overwatch League team owned by BILI. Source: Hangzhou Spark)</span></p>\n<p>Unexpected by many, BILI took the investment world by storm, proving to critics the latent potential of the Gen Z demographic through stellar user growth. In the past year, BILI grew its average Monthly Active Users (MAU) by&nbsp;around 59% year, surpassing&nbsp;that of iQIYI(IQ) and&nbsp;KuaiShou&nbsp;at 0.4% and 44% respectively, both of which are very popular video sharing websites in China.</p>\n<p>If the growth of BILI has taught us anything, it's that we should not underestimate the spending power Gen Z has. As Gen Zs come of age and move into the workforce, the additional disposable income gained will move them up the ranks in importance when it comes to consumer demographic. In the US, Gen Z is&nbsp;projected to overtake&nbsp;millennials to become the largest consumer base by 2026. The case for China is expected to be similar.</p>\n<p>The structural demographic changes combined with a tailwind of high single-digit economic growth in China mean that it will become an imperative for many firms to tune their product offerings to the taste and preferences of Gen Z in order to achieve high growth. After all, much of what they consume right now will be poised for further growth as they gain even more purchasing power over time.</p>\n<p>Over here, BILI is poised to leverage on many of the high-growth online trends that Gen Z has demonstrated an affinity to. For instance, BILI’s has a mobile game segment that is projected to grow at&nbsp;12.6% worldwide; a&nbsp;livestreaming entertainment segment at 28.1%; a video streaming segment&nbsp;at 12% growth; and an&nbsp;e-commerce offering at 14.7%. Doubling down on content related to the Anime, Comics and Games category (or ACG, as they call it), that Gen Z almost exclusively consumes, helps BILI solidify a consumer base to almost guarantee monetization and growth in an otherwise highly competitive industry.</p>\n<p><b>BILI’s Niche As a Competitive Advantage</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/afad080fa120b0f0d663d645e85d3f0b\" tg-width=\"640\" tg-height=\"415\"><span>(Competitive Landscape in the entertainment industry. Source: Author. Note that this landscape is not exhaustive, and I have only listed out the notable ones and roughly categorized them)</span></p>\n<p>The video and entertainment industry in China is very heavily contested by large players, many of whom have more active users on their platform than BILI at the moment, and have consistently remained at the top of the Chinese Mobile Applications download charts for their popularity. Despite this highly competitive landscape, BILI’s niche enables it to stave off competitive and create monetization opportunities in an otherwise cutthroat environment.</p>\n<p><b>Low Threat of Substitution</b></p>\n<p>The key advantage of BILI that allowed it to thrive in an environment where almost all the other players are larger than itself is its niche as the go-to provider for content related to Anime, Games and Comics (or AGC as they call it). While the obvious downside to this is the sheer market that is available to BILI, they are relatively insulated from competition due to the relatively high barriers that exist in contesting this specific subsegment of the entertainment industry.</p>\n<p>As part of BILI’s value proposition to its consumers that are mainly interested in ACG-related content, they have entered into exclusive content-licensing agreements with many third-party production companies such as, that allow them to cover a large variety of ACG content that cannot be found elsewhere. For example, BILI’s strategic partnership with Sony (SONY) through its anime subdivision Aniplex allowed them to secure exclusive distribution rights of some of Aniplex’s anime content. Since Aniplex has widely been considered dominant in licensing the&nbsp;majority of the most popular anime series of all time worldwide&nbsp;together with its counterpart Funimation, a competitor’s entry into the anime market will likely be underwhelming.</p>\n<p>The same partnership with SONY will allow them to distribute exclusive games for the popular SONY anime franchises that have a high likelihood of gaining traction, while competitors will most probably be stuck with internally developing games. Even with Tencent’s (OTCPK:TCEHY) purported entry into the anime market,many of its existing titles&nbsp;still cannot compete with the popularity of Japanese anime that has almost gone mainstream already. Future mobile games under the TCEHY umbrella would be unable to ride on the existing popularity of an anime franchise, unlike what BILI was able to do for Fate/Grand Order mobile game in the already popular Fate/stay night franchise under SONY. This would suggest a greater need for extensive sales and marketing expense on the side of TCEHY to market the product to the masses in order to compete effectively with BILI’s games.</p>\n<p>Likewise for content creation on the platform, many have already signed exclusive partnerships with BILI to continue creating popular ACG-related content on the platform. Since these are the original influencers that have built their following on the BILI platform and have become popular because of it, new watchers will likely flock to BILI first to watch content from these popular content creators than ACG influencers on other platforms that are likely to be less popular.</p>\n<p>Therefore, BILI’s strategic partnership with many third-party content producers, especially with SONY, will allow them to protect their market share from competitors and new entrants, with exclusive titles acting as a moat against competition.</p>\n<p><b>BILI’s Monetizing Power</b></p>\n<p>As a consequence of being niche, BILI is able to capture significant brand loyalty from consumers, which means they have greater bargaining power over consumers, as well as over sellers that seek to leverage on the loyalty consumers have to the platform. Having pricing power will translate to greater monetization capabilities in the future, and an earlier return to profitability as BILI scales down its aggressive expansion. Some of the more salient ways that BILI has been able to convert such brand loyalty into monetization are explored below.</p>\n<p><b>Strong Monetization from Mobile Games</b></p>\n<p>Mobile games have traditionally contributed a disproportionate amount of revenue to the top line of BILI, and it still remains so. In 2020, mobile game revenue took up 40% of overall revenues, and is its largest segment. Part of the success of the mobile game segment can be attributed to the significant monetization capabilities that its mobile games have, due to the nature of the games themselves.</p>\n<p>The BILI app store is very distinct from other mainstream app stores of western origin, as we can see below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/76952868f0a2c423edac5ad92f4cb879\" tg-width=\"640\" tg-height=\"386\"><span>(Comparison of top 10 highest grossing games on the IOS App Store in US vs BILI's App Store. Source: BILI Gaming and App Annie)</span></p>\n<p>Almost all of the popular games on BILI’s stores are built around monetization using a Gacha mechanic, which basically incentivizes consumers to pay for a chance at obtaining certain rare in-game items that can enhance gameplay both cosmetically and non-cosmetically. This is characteristic of ACG games that have always been an&nbsp;integral part of free-to-play games of Japanese origin&nbsp;that have spilled over to Chinese and Korean Markets.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8a70e8aff54b9102d6dad53cdc415676\" tg-width=\"640\" tg-height=\"273\"><span>(Screencap from the Fate/Grand Order app page on BILI. Source: BILI)</span></p>\n<p>Combine Gacha gambling mechanics with franchises that are already popular from anime, a story that is compelling, visually-stunning gameplay and action-packed scenes, and you get consumers that are both very loyal and very willing to spend excessively:</p>\n<blockquote>\n <i>Some people spend $18 on a movie and feel moved. I’ve spent $70,000 on FGO. But it moves me.</i>\n</blockquote>\n<blockquote>\n –Daigo, Japanese Fan of Fate/Grand Order\n</blockquote>\n<p>Cases like Daigo here are rare, but are symptomatic of the larger spending trend in Gacha-like games that BILI distributes on its platform. Driven by the sunk cost of initial spending, an urge to become the best at the game, and knowing that all it takes is money to avoid years of effort and grinding, consumers are incentivized to spend excessively on content. The same sunk cost also encourages consumers to continue playing the game, as a switch would basically invalidate the effort, time and money they have already invested over many years. Goalposts are almost always moving for these type of games, as frequent events and updates lift the maximum power level that these players are able to attain, further encouraging them to stay loyal and spend if they want to keep up with the rest.</p>\n<p>It is thus no surprise that despite the large number of games, a few games that are extremely popular have accounted for the majority of revenues. In 2018, 2019 and 2020, BILI’s top 10 mobile games contributed to 67%, 46% and 33% of overall revenues respectively, of which the top 3 games contributed 61%, 36% and 24%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/281e863bd3f24294edbbdb03523771e9\" tg-width=\"640\" tg-height=\"152\"><span>(Certain games acting as cash cows for BILI. Source: BILI 10-K)</span></p>\n<p>While Gacha and loot boxes are not absent in monetization models in western mobile games, these techniques have mostly fallen out of fashion&nbsp;following regulatory scrutiny&nbsp;after loot boxes’ similarity with gambling was made salient to governments. Despite the promises of much financial success from this model of monetization, many developers have been forced to pursue alternative formats that are less profitable and offer less of a hook than the pure gambling mechanic, as we can see in the diversity of monetization modes on the top 10 grossing games in the US IOS Store. This is not to say that regulation does not exist in China, Japan and Korea, but it is much more relaxed than what regulators in Western nations were trying to impose, as this kind of game has largely been accepted in society already.</p>\n<p>What this means is that while the broader gaming industry in mainstream markets may not always be able to monetize well, BILI’s positioning as a niche provider of ACG games allows them to continuously collect recurring revenue from a group of dedicated consumers that are willing to gamble to success, even after the game has aged past its normal shelf life. Even in an inflationary environment, pricing power against consumers that are extremely willing to pay will help BILI protect its margins. Extended into the long run, strong monetization from consumers is one of the crucial methods by which BILI will eventually reach profitability.</p>\n<p><b>Video Content Monetization</b></p>\n<p>Even though ACG content might be available on other platforms, the greater concentration of this type of content on this website allows consumers to be more engaged. For one, more of the same type of content in one place that is dedicated to this niche area would naturally lead to a greater quality and variety. Furthermore, an algorithm that is curated based on the differences between already niche content can also help to improve recommendations for watchers, so recommendations made are also more accurate and can keep them engaged. Mainstream video sites may recommend the same type of ACG content, but they may not be as tailored to the watcher as on a specialized content website.</p>\n<p>In Q3 2020, BILI showed that the&nbsp;average daily time spent on the platform was 81 minutes, which places it on the leaderboards for most addictive platforms in China. What’s surprising is that BILI as a medium-form video site has almost the same usage per day as Douyin, where watchers are more susceptible to the psychological habit of&nbsp;doomscrolling&nbsp;that results in excessive screen time – a testament to superior consumer engagement levels not seen in other peers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f22a31b458c35df83e29f7944bf96f44\" tg-width=\"640\" tg-height=\"281\"><span>(Usage statistics of BILI and other popular Chinese apps. Source: WalktheChat)</span></p>\n<p>As a consequence of this, monetization capabilities are likely to be high for BILI in the advertising department. A more engaged audience would mean a greater opportunity to be exposed to advertising content, which is what advertisers that are targeting Gen Z would want to leverage. While the natural drawback of this is the limited scope of advertisers that will benefit from these characteristics, BILI will be able to exert pricing power over the advertisers that do.</p>\n<p>On the same topic of video content, BILI also offers significant value to producers that want to leverage the population of Gen Z within its platform. Since engagement metrics are not as high in other mainstream platforms for this group of consumers, content creators will likely hold less bargaining power over BILI, which means that they are less likely to have the pricing power over revenue sharing agreements.</p>\n<p>In short, despite significant competition in the entertainment industry, BILI’s niche offerings allow it to command bargaining power over producers and consumers, therefore giving it pricing power to protect its margins in the future.</p>\n<p><b>$140 Price Target</b></p>\n<p>Despite currently being unprofitable, BILI’s forward potential in terms of MAU growth in addition to its monetization capabilities gives it value in the present, as these characteristics promise stability of cash flows in the future. With a 3-stage DCF followed by a sensitivity analysis of varying inputs, we can estimate the intrinsic value of the firm. I will discuss some of the key assumptions used to build the model below.</p>\n<p><b>Revenue and Cost Assumptions</b></p>\n<p>The model is more sensitive to revenue and cost assumptions, so I will discuss them in more detail than the rest. Any discussion about industry average was taken from this&nbsp;trove of datasets, with reference to the entertainment industry:</p>\n<ul>\n <li>I assume that revenues scale with monthly paying users (MPU), which is a number derived from projecting MAU and the percentage of paying users. Since MPU as a percentage of MAU has been steadily increasing at 12.62% compounded quarterly, I assume this continues until it hits a flat rate of 25-30% of all users. 25-30% was chosen as the flat rate limit rather arbitrarily, but more importantly, assumes that BILI reaches maximum monetization penetration in 5 years so we can conservatively value.</li>\n <li>For MAU, this number is assumed to increase at 8.76% compounded quarterly, following the historical average.</li>\n <li>MPU is further multiplied by the average revenue per paying user in each revenue category, which is equal to the historical average.</li>\n <li>The above revenue projections last for 5 years, after which revenue growth drops steeply to 5% to reflect industry maturity for the period of FY25 to FY35. In the steady state after FY35, terminal growth was varied from 2-5%, which is in the expected range of values for GDP growth worldwide.</li>\n <li>I assume that all costs and expenses follow the historical average of expenses as a percentage of revenues. Share-based compensation expense is projected separately, but using the same method, and added back into their respective cost category.</li>\n <li>While BILI is currently unprofitable, I assume that after FY25, BILI achieves its intended scale and reduces its operating expenses in a way that allows it to be profitable, since there is no longer any need to spend excessively on marketing and other expenses to scale. BILI was assumed to earn an operating margin of 7-8%, which is around the industry average of 7.4%. I varied the time to profitability from 1-5 years after FY25, giving BILI more leeway to eventually break even.</li>\n <li>Lastly, terminal value is contingent on the perpetual reinvestment rate of the firm, which is equal to the steady state revenue growth rate divided by the terminal ROIC. The Gordon growth method was used to calculate terminal value, with the growth variable (1+g) in the equation replaced by (1-reinvestment rate), since every year only the same portion of free cash flow is reinvested in the business. In perpetuity, this means that only (1 – reinvestment rate)% of free cash flow can be extracted out. Discounting by a WACC of 9-10% gives the terminal value.</li>\n</ul>\n<p>Other assumptions used are shown below:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aedde17906e17f04129d48813861e805\" tg-width=\"640\" tg-height=\"247\"><span>(DCF Assumptions for the First 5 years after FY20. Source: Author)</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/22ba512d431a840b8477dd75beffa4ea\" tg-width=\"640\" tg-height=\"173\"><span>(DCF Assumptions for 10 years after FY25. Source: Author)</span></p>\n<p><b>Comparable Firms Valuation</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5244f023e6700a0b89a319b5392670f3\" tg-width=\"542\" tg-height=\"372\"><span>(Comparable Firm Metrics. Source: Tikr.com)</span></p>\n<p>As a sanity check, I have also performed a relative valuation using metrics from some peers in the industry. Note that since EBITDA and Net Profit is negative for BILI, the only relative valuation used is NTM EV/Sales from the 50thto 75thpercentile ranges.</p>\n<p><b>DCF Results</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/344b7ce968de12037744c7f4d0283798\" tg-width=\"640\" tg-height=\"363\"><span>(BILI Football Field Valuation. Source: Author)</span></p>\n<p>In summary, after sensitivity analysis was conducted by varying certain key inputs, the median estimate over 95,040 cases was $140. The 25thand 75thpercentile estimates were $122 and $160 respectively, which falls in line with the expected range of values for the intrinsic value of BILI from street estimates and the relative valuation. Taking the target price as $140, there is an approximately 20% upside from today’s price making it an attractive investment based on fundamentals.</p>\n<p><b>The Path to Profitability</b></p>\n<p>BILI’s value in the present relies very much on them being able to grow their MAU at the same rate as before, which means that they have to scale and venture past niche Gen Z offerings to reach more mainstream audiences. Certainly, its current engagement metrics and monetization capabilities can provide an advantage moving into mainstream entertainment, and the monetization from a niche group of consumers can act as a cash generating segment to facilitate expansion, but it is still unclear how much of this will remain after going mainstream. The path towards scale and therefore profitability is a necessary step, but one that is fraught with many risks challenges to overcome. Some are discussed in the following section.</p>\n<p><b>Potential Risks and Challenges</b></p>\n<ul>\n <li>Moving into the mainstream allows BILI to leverage on more macro tailwinds, grow their MAU numbers and perhaps monetize from a greater audience. However necessary this is, regulatory risk will inevitably be greater as they grow bigger and regulators start taking note of them. One key area of concern is their dominance over the Gen Z ACG genre, and just like how SONY was recently investigated over their&nbsp;dominance over anime with the Crunchyroll acquisition, the same fate might befall BILI in the future should they grow big enough for regulators to worry about abuse of market power.</li>\n <li>Even if BILI expands to the mainstream, can they beat the incumbents at their own game? There might not be sufficient incentives for content creators to start posting on BILI, which might cause a need for further marketing expenditure to bring over content creators. Partnering with third-party production companies is also another area where BILI might need to spend even more on, which could delay their profitability. Furthermore, BILI might not have the experience dealing with monetization modes in mainstream entertainment – Gen Z ACG content may be easy to monetize given their pre-existing brand loyalties to this kind of content, but when the playing field is much larger in the mainstream, what keeps consumers paying?</li>\n <li>BILI relies on brand loyalty, but there is also a risk that this is diluted by expansion into the mainstream. Would existing watchers feel that their needs are being sidelined with the presence of alternative groups of consumers to monetize from? If many other social groups establish communities within the BILI platform, would it cause existing tight-knit communities to no longer feel as tightly knit?</li>\n <li>Finally, there is the risk that BILI does not even manage to become profitable in the future. In order to achieve a 7-8% operating margin from current levels, BILI needs to reduce their cost of revenues as a percentage of revenues by 17% from the FY20 number; cut sales and marketing expenses by two thirds to reach 10% of revenue; and general, administrative and R&amp;D expenses must decrease by 3% as a percentage of revenues. We know that scale is part of the answer to this problem, but as of now, there has not been any clear indication of what BILI intends to do concretely to manage costs and expenses moving forward, which could put a large caveat on the valuation shown earlier.</li>\n</ul>\n<p><b>Can they eventually overcome the challenges?</b></p>\n<p>At the same time as outlining the risks and challenges that BILI might face, I also want to present arguments from the other side of the coin – that BILI has the ability to effectively manage these headwinds, to ensure outperformance in the long run.</p>\n<ul>\n <li>Regulatory risk can be a big problem, but only if they actually own the content which prevents other firms from securing such content onto their own platforms. Instead, if BILI’s method of obtaining content is through partnerships with third parties (e.g. SONY), and also with collaborations within the industry to share fortunes (e.g. TCEHY with agreements to port more Tencent Games onto the BILI platform), then the tone taken would be more cooperative and less anti-competitive.</li>\n <li>Navigating profitability in moving to targeting mainstream audiences would depend on their ability to maintain margins and keep their pricing power associated with engagement levels. While engagement might not be as high as ACG-content, there are other means of appealing to audiences, such as through subscription models, better algorithms, and creating other communities that can engage consumers. There might be temporary expenses associated with marketing in order to scale which can push back profitability, but I because I have accounted for BILI’s late return to profitability in the DCF analysis, the intrinsic value estimates should be sufficiently conservative to reflect the actuality of the situation.</li>\n <li>There could be brand dilution, but I think if BILI ensures that there is still a focus on the core ACG community while hiring other community managers to build interest groups past this group, all of these communities can coexist within the BILI ecosystem and continue to be tight-knit.</li>\n <li>The significant need to reduce operating expenses to reach the intended operating margin of the industry might still be realistic, even though it may not appear so. For instance, while the projection would require BILI to reduce its marketing expenditure by two-thirds to 10% of revenue, in FY17 BILI was only using 9.3% of revenues for sales and marketing, showing that it is indeed possible. General, administrative and R&amp;D expenses need to be reduced by 3% as a percentage of revenues, but this should be possible as they scale and require less development and management per user to keep them on the platform. Furthermore, expenses in both of these categories have decreased by a large margin from 5 years ago, so a further 3% decrease in the next 5 years should still be attainable. Lastly, much of current cost of revenue is dominated by revenue-sharing costs, by creating more jointly-produced or internally-produced content instead of relying on pure licenses from third parties. Furthermore, economies of scale can help to reduce other cost of revenue categories like server hosting costs and e-commerce distribution costs, both of which take up almost 30% of cost of revenue.</li>\n</ul>\n<p>So in spite of the many challenges that lie in the path to profitability, there is still a world where BILI manages to overcome all of these challenges and be an effective competitor in the mainstream moving forward.</p>\n<p><b>Conclusion</b></p>\n<p>Being a company that is not profitable yet, there are still many things that remain unproven and untested, in stark contrast to already profitable giants like TCEHY and Alibaba (BABA). From the current metrics that we have, BILI seems to be very attractively priced with 20% upside. Given my attempts at conservatively valuing by taking into account rapidly declining growth rates in the future, a slower return to profitability, a hard cap on paying users as a percentage of all users and a relatively high discount rate, I am confident of the upside present that makes BILI a prime investment target. However, while the future challenges mentioned do not invalidate BILI’s competitive strength in the future, there is still a need to take caution and allocate prudently, since there are still many unseen factors contributing to its future success that remain to be observed.</p>","source":"seekingalpha","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>Gen Z Tailwinds And Stellar Monetization Capabilities Price In A 20% Upside For Bilibili</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGen Z Tailwinds And Stellar Monetization Capabilities Price In A 20% Upside For Bilibili\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 13:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4421178-bilibili-stock-gen-z-tailwinds-monetization-capabilities-20-percent-upside><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nBILI is poised to leverage on the increased purchasing power of the Gen Z population, through its position as a niche developer of ACG products.\nDespite strong competition in the Chinese ...</p>\n\n<a href=\"https://seekingalpha.com/article/4421178-bilibili-stock-gen-z-tailwinds-monetization-capabilities-20-percent-upside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09626":"哔哩哔哩-W","BILI":"哔哩哔哩"},"source_url":"https://seekingalpha.com/article/4421178-bilibili-stock-gen-z-tailwinds-monetization-capabilities-20-percent-upside","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1148831828","content_text":"Summary\n\nBILI is poised to leverage on the increased purchasing power of the Gen Z population, through its position as a niche developer of ACG products.\nDespite strong competition in the Chinese entertainment industry, BILI is largely able to hold on to its consumers because of the brand loyalty secured by being a niche competitor.\nStrong brand loyalty also translates to strong monetization capabilities, which helps to protect its margins and is fundamental to its business model heading into the future.\nA DCF valuation reveals that it is priced attractively, with 20% upside based on reasonable estimates of the future.\nBILI's path to profitability will be fraught with challenges, but BILI might have the competitive ammunition needed to be a strong competitor in the mainstream.\n\nPhoto by helloabc/iStock Editorial via Getty Images\nGen Z as the next Consumer Demographic to target\nWhile Bilibili (BILI) is a Shanghai-based firm, the name itself is actually a Japanese onomatopoeia for the sound made by electrical sparks, popularized by the nickname of the heroine of a (relatively) well-known anime series “A Certain Scientific Railgun”. Much like how audiences were drawn to the powerful lightning-wielding Mikasa Mikoto in the main series, many investors have also been allured by BILI's electrifying stock performance over the years.\n(Mikasa in the colors of Hangzhou Spark, an Overwatch League team owned by BILI. Source: Hangzhou Spark)\nUnexpected by many, BILI took the investment world by storm, proving to critics the latent potential of the Gen Z demographic through stellar user growth. In the past year, BILI grew its average Monthly Active Users (MAU) by around 59% year, surpassing that of iQIYI(IQ) and KuaiShou at 0.4% and 44% respectively, both of which are very popular video sharing websites in China.\nIf the growth of BILI has taught us anything, it's that we should not underestimate the spending power Gen Z has. As Gen Zs come of age and move into the workforce, the additional disposable income gained will move them up the ranks in importance when it comes to consumer demographic. In the US, Gen Z is projected to overtake millennials to become the largest consumer base by 2026. The case for China is expected to be similar.\nThe structural demographic changes combined with a tailwind of high single-digit economic growth in China mean that it will become an imperative for many firms to tune their product offerings to the taste and preferences of Gen Z in order to achieve high growth. After all, much of what they consume right now will be poised for further growth as they gain even more purchasing power over time.\nOver here, BILI is poised to leverage on many of the high-growth online trends that Gen Z has demonstrated an affinity to. For instance, BILI’s has a mobile game segment that is projected to grow at 12.6% worldwide; a livestreaming entertainment segment at 28.1%; a video streaming segment at 12% growth; and an e-commerce offering at 14.7%. Doubling down on content related to the Anime, Comics and Games category (or ACG, as they call it), that Gen Z almost exclusively consumes, helps BILI solidify a consumer base to almost guarantee monetization and growth in an otherwise highly competitive industry.\nBILI’s Niche As a Competitive Advantage\n(Competitive Landscape in the entertainment industry. Source: Author. Note that this landscape is not exhaustive, and I have only listed out the notable ones and roughly categorized them)\nThe video and entertainment industry in China is very heavily contested by large players, many of whom have more active users on their platform than BILI at the moment, and have consistently remained at the top of the Chinese Mobile Applications download charts for their popularity. Despite this highly competitive landscape, BILI’s niche enables it to stave off competitive and create monetization opportunities in an otherwise cutthroat environment.\nLow Threat of Substitution\nThe key advantage of BILI that allowed it to thrive in an environment where almost all the other players are larger than itself is its niche as the go-to provider for content related to Anime, Games and Comics (or AGC as they call it). While the obvious downside to this is the sheer market that is available to BILI, they are relatively insulated from competition due to the relatively high barriers that exist in contesting this specific subsegment of the entertainment industry.\nAs part of BILI’s value proposition to its consumers that are mainly interested in ACG-related content, they have entered into exclusive content-licensing agreements with many third-party production companies such as, that allow them to cover a large variety of ACG content that cannot be found elsewhere. For example, BILI’s strategic partnership with Sony (SONY) through its anime subdivision Aniplex allowed them to secure exclusive distribution rights of some of Aniplex’s anime content. Since Aniplex has widely been considered dominant in licensing the majority of the most popular anime series of all time worldwide together with its counterpart Funimation, a competitor’s entry into the anime market will likely be underwhelming.\nThe same partnership with SONY will allow them to distribute exclusive games for the popular SONY anime franchises that have a high likelihood of gaining traction, while competitors will most probably be stuck with internally developing games. Even with Tencent’s (OTCPK:TCEHY) purported entry into the anime market,many of its existing titles still cannot compete with the popularity of Japanese anime that has almost gone mainstream already. Future mobile games under the TCEHY umbrella would be unable to ride on the existing popularity of an anime franchise, unlike what BILI was able to do for Fate/Grand Order mobile game in the already popular Fate/stay night franchise under SONY. This would suggest a greater need for extensive sales and marketing expense on the side of TCEHY to market the product to the masses in order to compete effectively with BILI’s games.\nLikewise for content creation on the platform, many have already signed exclusive partnerships with BILI to continue creating popular ACG-related content on the platform. Since these are the original influencers that have built their following on the BILI platform and have become popular because of it, new watchers will likely flock to BILI first to watch content from these popular content creators than ACG influencers on other platforms that are likely to be less popular.\nTherefore, BILI’s strategic partnership with many third-party content producers, especially with SONY, will allow them to protect their market share from competitors and new entrants, with exclusive titles acting as a moat against competition.\nBILI’s Monetizing Power\nAs a consequence of being niche, BILI is able to capture significant brand loyalty from consumers, which means they have greater bargaining power over consumers, as well as over sellers that seek to leverage on the loyalty consumers have to the platform. Having pricing power will translate to greater monetization capabilities in the future, and an earlier return to profitability as BILI scales down its aggressive expansion. Some of the more salient ways that BILI has been able to convert such brand loyalty into monetization are explored below.\nStrong Monetization from Mobile Games\nMobile games have traditionally contributed a disproportionate amount of revenue to the top line of BILI, and it still remains so. In 2020, mobile game revenue took up 40% of overall revenues, and is its largest segment. Part of the success of the mobile game segment can be attributed to the significant monetization capabilities that its mobile games have, due to the nature of the games themselves.\nThe BILI app store is very distinct from other mainstream app stores of western origin, as we can see below.\n(Comparison of top 10 highest grossing games on the IOS App Store in US vs BILI's App Store. Source: BILI Gaming and App Annie)\nAlmost all of the popular games on BILI’s stores are built around monetization using a Gacha mechanic, which basically incentivizes consumers to pay for a chance at obtaining certain rare in-game items that can enhance gameplay both cosmetically and non-cosmetically. This is characteristic of ACG games that have always been an integral part of free-to-play games of Japanese origin that have spilled over to Chinese and Korean Markets.\n(Screencap from the Fate/Grand Order app page on BILI. Source: BILI)\nCombine Gacha gambling mechanics with franchises that are already popular from anime, a story that is compelling, visually-stunning gameplay and action-packed scenes, and you get consumers that are both very loyal and very willing to spend excessively:\n\nSome people spend $18 on a movie and feel moved. I’ve spent $70,000 on FGO. But it moves me.\n\n\n –Daigo, Japanese Fan of Fate/Grand Order\n\nCases like Daigo here are rare, but are symptomatic of the larger spending trend in Gacha-like games that BILI distributes on its platform. Driven by the sunk cost of initial spending, an urge to become the best at the game, and knowing that all it takes is money to avoid years of effort and grinding, consumers are incentivized to spend excessively on content. The same sunk cost also encourages consumers to continue playing the game, as a switch would basically invalidate the effort, time and money they have already invested over many years. Goalposts are almost always moving for these type of games, as frequent events and updates lift the maximum power level that these players are able to attain, further encouraging them to stay loyal and spend if they want to keep up with the rest.\nIt is thus no surprise that despite the large number of games, a few games that are extremely popular have accounted for the majority of revenues. In 2018, 2019 and 2020, BILI’s top 10 mobile games contributed to 67%, 46% and 33% of overall revenues respectively, of which the top 3 games contributed 61%, 36% and 24%.\n(Certain games acting as cash cows for BILI. Source: BILI 10-K)\nWhile Gacha and loot boxes are not absent in monetization models in western mobile games, these techniques have mostly fallen out of fashion following regulatory scrutiny after loot boxes’ similarity with gambling was made salient to governments. Despite the promises of much financial success from this model of monetization, many developers have been forced to pursue alternative formats that are less profitable and offer less of a hook than the pure gambling mechanic, as we can see in the diversity of monetization modes on the top 10 grossing games in the US IOS Store. This is not to say that regulation does not exist in China, Japan and Korea, but it is much more relaxed than what regulators in Western nations were trying to impose, as this kind of game has largely been accepted in society already.\nWhat this means is that while the broader gaming industry in mainstream markets may not always be able to monetize well, BILI’s positioning as a niche provider of ACG games allows them to continuously collect recurring revenue from a group of dedicated consumers that are willing to gamble to success, even after the game has aged past its normal shelf life. Even in an inflationary environment, pricing power against consumers that are extremely willing to pay will help BILI protect its margins. Extended into the long run, strong monetization from consumers is one of the crucial methods by which BILI will eventually reach profitability.\nVideo Content Monetization\nEven though ACG content might be available on other platforms, the greater concentration of this type of content on this website allows consumers to be more engaged. For one, more of the same type of content in one place that is dedicated to this niche area would naturally lead to a greater quality and variety. Furthermore, an algorithm that is curated based on the differences between already niche content can also help to improve recommendations for watchers, so recommendations made are also more accurate and can keep them engaged. Mainstream video sites may recommend the same type of ACG content, but they may not be as tailored to the watcher as on a specialized content website.\nIn Q3 2020, BILI showed that the average daily time spent on the platform was 81 minutes, which places it on the leaderboards for most addictive platforms in China. What’s surprising is that BILI as a medium-form video site has almost the same usage per day as Douyin, where watchers are more susceptible to the psychological habit of doomscrolling that results in excessive screen time – a testament to superior consumer engagement levels not seen in other peers.\n(Usage statistics of BILI and other popular Chinese apps. Source: WalktheChat)\nAs a consequence of this, monetization capabilities are likely to be high for BILI in the advertising department. A more engaged audience would mean a greater opportunity to be exposed to advertising content, which is what advertisers that are targeting Gen Z would want to leverage. While the natural drawback of this is the limited scope of advertisers that will benefit from these characteristics, BILI will be able to exert pricing power over the advertisers that do.\nOn the same topic of video content, BILI also offers significant value to producers that want to leverage the population of Gen Z within its platform. Since engagement metrics are not as high in other mainstream platforms for this group of consumers, content creators will likely hold less bargaining power over BILI, which means that they are less likely to have the pricing power over revenue sharing agreements.\nIn short, despite significant competition in the entertainment industry, BILI’s niche offerings allow it to command bargaining power over producers and consumers, therefore giving it pricing power to protect its margins in the future.\n$140 Price Target\nDespite currently being unprofitable, BILI’s forward potential in terms of MAU growth in addition to its monetization capabilities gives it value in the present, as these characteristics promise stability of cash flows in the future. With a 3-stage DCF followed by a sensitivity analysis of varying inputs, we can estimate the intrinsic value of the firm. I will discuss some of the key assumptions used to build the model below.\nRevenue and Cost Assumptions\nThe model is more sensitive to revenue and cost assumptions, so I will discuss them in more detail than the rest. Any discussion about industry average was taken from this trove of datasets, with reference to the entertainment industry:\n\nI assume that revenues scale with monthly paying users (MPU), which is a number derived from projecting MAU and the percentage of paying users. Since MPU as a percentage of MAU has been steadily increasing at 12.62% compounded quarterly, I assume this continues until it hits a flat rate of 25-30% of all users. 25-30% was chosen as the flat rate limit rather arbitrarily, but more importantly, assumes that BILI reaches maximum monetization penetration in 5 years so we can conservatively value.\nFor MAU, this number is assumed to increase at 8.76% compounded quarterly, following the historical average.\nMPU is further multiplied by the average revenue per paying user in each revenue category, which is equal to the historical average.\nThe above revenue projections last for 5 years, after which revenue growth drops steeply to 5% to reflect industry maturity for the period of FY25 to FY35. In the steady state after FY35, terminal growth was varied from 2-5%, which is in the expected range of values for GDP growth worldwide.\nI assume that all costs and expenses follow the historical average of expenses as a percentage of revenues. Share-based compensation expense is projected separately, but using the same method, and added back into their respective cost category.\nWhile BILI is currently unprofitable, I assume that after FY25, BILI achieves its intended scale and reduces its operating expenses in a way that allows it to be profitable, since there is no longer any need to spend excessively on marketing and other expenses to scale. BILI was assumed to earn an operating margin of 7-8%, which is around the industry average of 7.4%. I varied the time to profitability from 1-5 years after FY25, giving BILI more leeway to eventually break even.\nLastly, terminal value is contingent on the perpetual reinvestment rate of the firm, which is equal to the steady state revenue growth rate divided by the terminal ROIC. The Gordon growth method was used to calculate terminal value, with the growth variable (1+g) in the equation replaced by (1-reinvestment rate), since every year only the same portion of free cash flow is reinvested in the business. In perpetuity, this means that only (1 – reinvestment rate)% of free cash flow can be extracted out. Discounting by a WACC of 9-10% gives the terminal value.\n\nOther assumptions used are shown below:\n(DCF Assumptions for the First 5 years after FY20. Source: Author)\n(DCF Assumptions for 10 years after FY25. Source: Author)\nComparable Firms Valuation\n(Comparable Firm Metrics. Source: Tikr.com)\nAs a sanity check, I have also performed a relative valuation using metrics from some peers in the industry. Note that since EBITDA and Net Profit is negative for BILI, the only relative valuation used is NTM EV/Sales from the 50thto 75thpercentile ranges.\nDCF Results\n(BILI Football Field Valuation. Source: Author)\nIn summary, after sensitivity analysis was conducted by varying certain key inputs, the median estimate over 95,040 cases was $140. The 25thand 75thpercentile estimates were $122 and $160 respectively, which falls in line with the expected range of values for the intrinsic value of BILI from street estimates and the relative valuation. Taking the target price as $140, there is an approximately 20% upside from today’s price making it an attractive investment based on fundamentals.\nThe Path to Profitability\nBILI’s value in the present relies very much on them being able to grow their MAU at the same rate as before, which means that they have to scale and venture past niche Gen Z offerings to reach more mainstream audiences. Certainly, its current engagement metrics and monetization capabilities can provide an advantage moving into mainstream entertainment, and the monetization from a niche group of consumers can act as a cash generating segment to facilitate expansion, but it is still unclear how much of this will remain after going mainstream. The path towards scale and therefore profitability is a necessary step, but one that is fraught with many risks challenges to overcome. Some are discussed in the following section.\nPotential Risks and Challenges\n\nMoving into the mainstream allows BILI to leverage on more macro tailwinds, grow their MAU numbers and perhaps monetize from a greater audience. However necessary this is, regulatory risk will inevitably be greater as they grow bigger and regulators start taking note of them. One key area of concern is their dominance over the Gen Z ACG genre, and just like how SONY was recently investigated over their dominance over anime with the Crunchyroll acquisition, the same fate might befall BILI in the future should they grow big enough for regulators to worry about abuse of market power.\nEven if BILI expands to the mainstream, can they beat the incumbents at their own game? There might not be sufficient incentives for content creators to start posting on BILI, which might cause a need for further marketing expenditure to bring over content creators. Partnering with third-party production companies is also another area where BILI might need to spend even more on, which could delay their profitability. Furthermore, BILI might not have the experience dealing with monetization modes in mainstream entertainment – Gen Z ACG content may be easy to monetize given their pre-existing brand loyalties to this kind of content, but when the playing field is much larger in the mainstream, what keeps consumers paying?\nBILI relies on brand loyalty, but there is also a risk that this is diluted by expansion into the mainstream. Would existing watchers feel that their needs are being sidelined with the presence of alternative groups of consumers to monetize from? If many other social groups establish communities within the BILI platform, would it cause existing tight-knit communities to no longer feel as tightly knit?\nFinally, there is the risk that BILI does not even manage to become profitable in the future. In order to achieve a 7-8% operating margin from current levels, BILI needs to reduce their cost of revenues as a percentage of revenues by 17% from the FY20 number; cut sales and marketing expenses by two thirds to reach 10% of revenue; and general, administrative and R&D expenses must decrease by 3% as a percentage of revenues. We know that scale is part of the answer to this problem, but as of now, there has not been any clear indication of what BILI intends to do concretely to manage costs and expenses moving forward, which could put a large caveat on the valuation shown earlier.\n\nCan they eventually overcome the challenges?\nAt the same time as outlining the risks and challenges that BILI might face, I also want to present arguments from the other side of the coin – that BILI has the ability to effectively manage these headwinds, to ensure outperformance in the long run.\n\nRegulatory risk can be a big problem, but only if they actually own the content which prevents other firms from securing such content onto their own platforms. Instead, if BILI’s method of obtaining content is through partnerships with third parties (e.g. SONY), and also with collaborations within the industry to share fortunes (e.g. TCEHY with agreements to port more Tencent Games onto the BILI platform), then the tone taken would be more cooperative and less anti-competitive.\nNavigating profitability in moving to targeting mainstream audiences would depend on their ability to maintain margins and keep their pricing power associated with engagement levels. While engagement might not be as high as ACG-content, there are other means of appealing to audiences, such as through subscription models, better algorithms, and creating other communities that can engage consumers. There might be temporary expenses associated with marketing in order to scale which can push back profitability, but I because I have accounted for BILI’s late return to profitability in the DCF analysis, the intrinsic value estimates should be sufficiently conservative to reflect the actuality of the situation.\nThere could be brand dilution, but I think if BILI ensures that there is still a focus on the core ACG community while hiring other community managers to build interest groups past this group, all of these communities can coexist within the BILI ecosystem and continue to be tight-knit.\nThe significant need to reduce operating expenses to reach the intended operating margin of the industry might still be realistic, even though it may not appear so. For instance, while the projection would require BILI to reduce its marketing expenditure by two-thirds to 10% of revenue, in FY17 BILI was only using 9.3% of revenues for sales and marketing, showing that it is indeed possible. General, administrative and R&D expenses need to be reduced by 3% as a percentage of revenues, but this should be possible as they scale and require less development and management per user to keep them on the platform. Furthermore, expenses in both of these categories have decreased by a large margin from 5 years ago, so a further 3% decrease in the next 5 years should still be attainable. Lastly, much of current cost of revenue is dominated by revenue-sharing costs, by creating more jointly-produced or internally-produced content instead of relying on pure licenses from third parties. Furthermore, economies of scale can help to reduce other cost of revenue categories like server hosting costs and e-commerce distribution costs, both of which take up almost 30% of cost of revenue.\n\nSo in spite of the many challenges that lie in the path to profitability, there is still a world where BILI manages to overcome all of these challenges and be an effective competitor in the mainstream moving forward.\nConclusion\nBeing a company that is not profitable yet, there are still many things that remain unproven and untested, in stark contrast to already profitable giants like TCEHY and Alibaba (BABA). From the current metrics that we have, BILI seems to be very attractively priced with 20% upside. Given my attempts at conservatively valuing by taking into account rapidly declining growth rates in the future, a slower return to profitability, a hard cap on paying users as a percentage of all users and a relatively high discount rate, I am confident of the upside present that makes BILI a prime investment target. However, while the future challenges mentioned do not invalidate BILI’s competitive strength in the future, there is still a need to take caution and allocate prudently, since there are still many unseen factors contributing to its future success that remain to be observed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374981685,"gmtCreate":1619409122847,"gmtModify":1704723405876,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Oh lalalaa","listText":"Oh lalalaa","text":"Oh lalalaa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374981685","repostId":"1180406876","repostType":4,"repost":{"id":"1180406876","kind":"news","pubTimestamp":1619402112,"share":"https://ttm.financial/m/news/1180406876?lang=&edition=fundamental","pubTime":"2021-04-26 09:55","market":"us","language":"en","title":"Imagining Berkshire Hathaway after Buffett: Who will be CEO, what else will change — and what won’t","url":"https://stock-news.laohu8.com/highlight/detail?id=1180406876","media":"MarketWatch","summary":"The next CEO will need a plan to return cash to shareholders\nWarren Buffett turns 91 on Aug. 30. Age","content":"<p>The next CEO will need a plan to return cash to shareholders</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf549a65530a2edc3f8d1472e10922fe\" tg-width=\"1260\" tg-height=\"830\"><span>Warren Buffett turns 91 on Aug. 30. Agence France-Presse/Getty Images</span></p>\n<p>The passage of time guarantees that Berkshire Hathaway will one day be without the man synonymous with creating one of the world’s most valuable and admired businesses.</p>\n<p>While ground-level management of Berkshire Hathaway’s decentralized individual business units will continue unchanged, filling Warren Buffett’s shoes will require some changes.</p>\n<p>The most important role to fill will be CEO, one of three jobs now held by Buffett (he is also chairman and chief investment officer). While the actual name remains a secret, the background and skillset of Greg Abel suggests the board will choose him.</p>\n<p>The primary reason is Abel’s extensive experience with capital allocation. During his time running Berkshire Hathaway Energy, and later as vice chairman overseeing non-insurance operations, Abel oversaw many acquisitions. He is also much more comfortable in the spotlight and about 10 years younger than Ajit Jain, the vice chairman in charge of insurance operations, which would give him a longer run at the helm. Jain, by contrast, is a brilliant handicapper more comfortable evaluating insurance risks (though he is also one of the best executives in the world, having overseen acquisitions of his own).</p>\n<p>The role of chairman will likely fall to Buffett’s son, Howard, whose primary duty will be to ensure Berkshire’s culture remains intact. Responsibility for managing Berkshire’s investment portfolio should fall to Todd Combs and Ted Weschler, who joined Berkshire in 2010 and 2011, respectively.</p>\n<p>Integral to the C-suite changes is the important question regarding Berkshire’s future capital allocation.</p>\n<p>Berkshire’s earning power all but guarantees it will have enough cash to invest in worthwhile projects at the subsidiary level and ample cash to make opportunistic acquisitions. That means cash will need to be returned to shareholders.</p>\n<p>Here Berkshire has two main options and a blended third.</p>\n<p>The quickest way to return capital to shareholders is via dividends. But dividends are tax-inefficient and impose a single standard on all shareholders, two reasons why Buffett has resisted paying one in the past. A better way is through share repurchases which, assuming they are made at prices below intrinsic value, instantly increase per-share value for remaining shareholders. However, share repurchases are price-dependent.</p>\n<h2>The next generation of Berkshire’s leaders are likely to hear loud calls from Wall Street (and perhaps some shareholders) to break up Buffett’s life’s work</h2>\n<p>This leaves a blended option as the most logical course of action. Berkshire could set a regular dividend equal to, say, 25% of normalized operating earnings. Then if share repurchases aren’t available or an acquisition doesn’t materialize, infrequent special dividends could be declared. &nbsp;</p>\n<p>A dividend during Buffett’s remaining tenure is unlikely if share repurchases remain an option. But the day will come, perhaps soon, when Berkshire simply cannot allocate all the capital it generates and will need to pay a dividend. Longtime shareholders will recognize the need for such a change in policy, and others will rejoice at the prospect of Berkshire as a dividend-paying stock.</p>\n<p>What the company’s new leaders are unlikely to do is break up Berkshire Hathaway. More so than other conglomerates, this firm is truly more than the sum of its parts. The conglomerate gains in tax efficiency, diversification, and capital allocation. Dismantling Berkshire to “unlock” value via higher price-earnings multiples would destroy these advantages and incur unnecessary taxes. Most important, it would tarnish the reputation Berkshire has carefully nurtured as a permanent home for generational family businesses.</p>\n<p>Buffett put it succinctly in his 2018 Chairman’s letter, published in 2019: “Truly good businesses are exceptionally hard to find. Selling any you are lucky enough to own makes no sense at all.”</p>\n<p>Yet the next generation of Berkshire’s leaders are likely to hear loud calls from Wall Street (and perhaps some shareholders) to break up Buffett’s life’s work. The crux of the argument over breaking up Berkshire comes down to what constitutes value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d39f2eed0ad97d26b0af04a16f00f83c\" tg-width=\"1260\" tg-height=\"876\"><span>Harriman House</span></p>\n<p>Berkshire was built on the notion that value – the sum of all future cash flows discounted to the present – is independent of the stock market’s appraisal of that value. The underlying cash flows of Berkshire’s many subsidiaries would not change upon being separated into pieces (in fact they could be lower considering duplicated costs), which means that their value would not increase after a breakup. The subsidiaries already take advantage of opportunities for organic investment and bolt-on acquisitions that come their way, and Berkshire has taken care of the reinvestment problem by allowing excess cash to be sent to headquarters.</p>\n<p>Instead, Berkshire’s future value creation will likely come by minimizing the downside (maintaining insurance underwriting discipline and resisting mediocre capital allocation moves) to allow infrequent but meaningful advantages to accrue and accumulate to the benefit of ongoing shareholders.</p>\n<p>Value can be created by time arbitrage (a long-term business owner in an often short-term-thinking market), being a permanent home for family businesses (private-market discounts), by acting as an alternative source of financing when credit markets dry up (as Buffett did in the financial crisis when he invested $14.5 billion over the course of three days in Goldman Sachs, Wrigley, and General Electric), and through opportunistic share repurchases.</p>\n<p>Of course, the ultimate fate of Berkshire Hathaway rests with its shareholders. Berkshire will undoubtedly not look the same in 25, 50 or 100 years, but it should thrive without Warren Buffett because of the unique corporate culture that he and Charlie Munger so painstakingly nurtured for the last half-century.</p>\n<p>That is perhaps the highest praise one can give a man who took a blank canvas and turned it into one of the finest and most highly valued pieces of artwork the business world has ever seen.</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>Imagining Berkshire Hathaway after Buffett: Who will be CEO, what else will change — and what won’t </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\">\nImagining Berkshire Hathaway after Buffett: Who will be CEO, what else will change — and what won’t \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 09:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/berkshire-hathaway-after-buffett-who-will-be-ceo-what-else-will-change-and-what-wont-11619179467?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The next CEO will need a plan to return cash to shareholders\nWarren Buffett turns 91 on Aug. 30. Agence France-Presse/Getty Images\nThe passage of time guarantees that Berkshire Hathaway will one day ...</p>\n\n<a href=\"https://www.marketwatch.com/story/berkshire-hathaway-after-buffett-who-will-be-ceo-what-else-will-change-and-what-wont-11619179467?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.marketwatch.com/story/berkshire-hathaway-after-buffett-who-will-be-ceo-what-else-will-change-and-what-wont-11619179467?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180406876","content_text":"The next CEO will need a plan to return cash to shareholders\nWarren Buffett turns 91 on Aug. 30. Agence France-Presse/Getty Images\nThe passage of time guarantees that Berkshire Hathaway will one day be without the man synonymous with creating one of the world’s most valuable and admired businesses.\nWhile ground-level management of Berkshire Hathaway’s decentralized individual business units will continue unchanged, filling Warren Buffett’s shoes will require some changes.\nThe most important role to fill will be CEO, one of three jobs now held by Buffett (he is also chairman and chief investment officer). While the actual name remains a secret, the background and skillset of Greg Abel suggests the board will choose him.\nThe primary reason is Abel’s extensive experience with capital allocation. During his time running Berkshire Hathaway Energy, and later as vice chairman overseeing non-insurance operations, Abel oversaw many acquisitions. He is also much more comfortable in the spotlight and about 10 years younger than Ajit Jain, the vice chairman in charge of insurance operations, which would give him a longer run at the helm. Jain, by contrast, is a brilliant handicapper more comfortable evaluating insurance risks (though he is also one of the best executives in the world, having overseen acquisitions of his own).\nThe role of chairman will likely fall to Buffett’s son, Howard, whose primary duty will be to ensure Berkshire’s culture remains intact. Responsibility for managing Berkshire’s investment portfolio should fall to Todd Combs and Ted Weschler, who joined Berkshire in 2010 and 2011, respectively.\nIntegral to the C-suite changes is the important question regarding Berkshire’s future capital allocation.\nBerkshire’s earning power all but guarantees it will have enough cash to invest in worthwhile projects at the subsidiary level and ample cash to make opportunistic acquisitions. That means cash will need to be returned to shareholders.\nHere Berkshire has two main options and a blended third.\nThe quickest way to return capital to shareholders is via dividends. But dividends are tax-inefficient and impose a single standard on all shareholders, two reasons why Buffett has resisted paying one in the past. A better way is through share repurchases which, assuming they are made at prices below intrinsic value, instantly increase per-share value for remaining shareholders. However, share repurchases are price-dependent.\nThe next generation of Berkshire’s leaders are likely to hear loud calls from Wall Street (and perhaps some shareholders) to break up Buffett’s life’s work\nThis leaves a blended option as the most logical course of action. Berkshire could set a regular dividend equal to, say, 25% of normalized operating earnings. Then if share repurchases aren’t available or an acquisition doesn’t materialize, infrequent special dividends could be declared.  \nA dividend during Buffett’s remaining tenure is unlikely if share repurchases remain an option. But the day will come, perhaps soon, when Berkshire simply cannot allocate all the capital it generates and will need to pay a dividend. Longtime shareholders will recognize the need for such a change in policy, and others will rejoice at the prospect of Berkshire as a dividend-paying stock.\nWhat the company’s new leaders are unlikely to do is break up Berkshire Hathaway. More so than other conglomerates, this firm is truly more than the sum of its parts. The conglomerate gains in tax efficiency, diversification, and capital allocation. Dismantling Berkshire to “unlock” value via higher price-earnings multiples would destroy these advantages and incur unnecessary taxes. Most important, it would tarnish the reputation Berkshire has carefully nurtured as a permanent home for generational family businesses.\nBuffett put it succinctly in his 2018 Chairman’s letter, published in 2019: “Truly good businesses are exceptionally hard to find. Selling any you are lucky enough to own makes no sense at all.”\nYet the next generation of Berkshire’s leaders are likely to hear loud calls from Wall Street (and perhaps some shareholders) to break up Buffett’s life’s work. The crux of the argument over breaking up Berkshire comes down to what constitutes value.\nHarriman House\nBerkshire was built on the notion that value – the sum of all future cash flows discounted to the present – is independent of the stock market’s appraisal of that value. The underlying cash flows of Berkshire’s many subsidiaries would not change upon being separated into pieces (in fact they could be lower considering duplicated costs), which means that their value would not increase after a breakup. The subsidiaries already take advantage of opportunities for organic investment and bolt-on acquisitions that come their way, and Berkshire has taken care of the reinvestment problem by allowing excess cash to be sent to headquarters.\nInstead, Berkshire’s future value creation will likely come by minimizing the downside (maintaining insurance underwriting discipline and resisting mediocre capital allocation moves) to allow infrequent but meaningful advantages to accrue and accumulate to the benefit of ongoing shareholders.\nValue can be created by time arbitrage (a long-term business owner in an often short-term-thinking market), being a permanent home for family businesses (private-market discounts), by acting as an alternative source of financing when credit markets dry up (as Buffett did in the financial crisis when he invested $14.5 billion over the course of three days in Goldman Sachs, Wrigley, and General Electric), and through opportunistic share repurchases.\nOf course, the ultimate fate of Berkshire Hathaway rests with its shareholders. Berkshire will undoubtedly not look the same in 25, 50 or 100 years, but it should thrive without Warren Buffett because of the unique corporate culture that he and Charlie Munger so painstakingly nurtured for the last half-century.\nThat is perhaps the highest praise one can give a man who took a blank canvas and turned it into one of the finest and most highly valued pieces of artwork the business world has ever seen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":176884026,"gmtCreate":1626876286465,"gmtModify":1703479766691,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Further down it goes","listText":"Further down it goes","text":"Further down it goes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176884026","repostId":"1182009211","repostType":4,"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374396538,"gmtCreate":1619416320624,"gmtModify":1704723505329,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Wowowie coins pls","listText":"Wowowie coins pls","text":"Wowowie coins pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374396538","repostId":"1148831828","repostType":4,"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345208588,"gmtCreate":1618315047844,"gmtModify":1704708999447,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Wow reallly","listText":"Wow reallly","text":"Wow reallly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/345208588","repostId":"1178797310","repostType":4,"repost":{"id":"1178797310","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618312466,"share":"https://ttm.financial/m/news/1178797310?lang=&edition=fundamental","pubTime":"2021-04-13 19:14","market":"us","language":"en","title":"Johnson & Johnson dipped about 3% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1178797310","media":"Tiger Newspress","summary":"U.S. Calls For Pause On Johnson & Johnson Vaccine After Clotting Cases.KEY POINTSThe FDA said it is ","content":"<p>U.S. Calls For Pause On Johnson &amp; Johnson Vaccine After Clotting Cases.</p><p><img src=\"https://static.tigerbbs.com/44ed5a479ba7fa5976bb70090ba50c81\" tg-width=\"1242\" tg-height=\"2148\" referrerpolicy=\"no-referrer\"></p><p><b>KEY POINTS</b></p><ul><li>The FDA said it is asking states to temporarily halt using J&amp;J’s Covid-19 vaccine after six people in the U.S. developed a rare blood clotting disorder.</li><li>The FDA said the recommendation is “out of an abundance of caution.”</li><li>All six cases occurred in women between the ages of 18 and 48, with symptoms developing six to 13 days after they received the shot.</li></ul><p>The Food and Drug Administration said Tuesday it is asking states to temporarily halt usingJohnson &amp; Johnson’s Covid-19 vaccine after six people in the U.S. developed a rare blood clotting disorder.</p><p>The FDA said the recommendation is “out of an abundance of caution.”</p><p>“Right now, these adverse events appear to be extremely rare,” the FDA said in a joint statement with the Centers for Disease Control and Prevention. “COVID-19 vaccine safety is a top priority for the federal government, and we take all reports of health problems following COVID-19 vaccination very seriously.”</p><p><img src=\"https://static.tigerbbs.com/b4808bfed9dcd9d1cc27ef92e3ba3dcf\" tg-width=\"512\" tg-height=\"232\">A White House spokesman referred CNBC to HHS when asked for comment.</p><p>All six cases occurred in women between the ages of 18 and 48, with symptoms developing six to 13 days after they received the shot. Doctors typically treat that type of blood clot with heparin but health regulators noted that could be dangerous in this case and recommended a different treatment.</p><p>J&amp;J said in a statement that “no clear causal relationship” has been identified between the blood clots and the vaccine, adding it is working closely with regulators to assess the data.</p><p>People who receive the vaccine and “develop severe headache, abdominal pain, leg pain, or shortness of breath within three weeks after vaccination should contact their health care provider,” the FDA and CDC said.</p><p>Shares of J&amp;J were down more than 3% in premarket trading Tuesday.</p><p>The CDC will convene a meeting of the Advisory Committee on Immunization Practices on Wednesday to further review the cases, federal health regulators said Tuesday. The FDA is also investigating the cases.</p><p>J&amp;J’s Covid-19 vaccine, like Pfizer’s and Moderna’s shots, received emergency use authorization from the FDA to start distributing the doses across the U.S. An EUA grants conditional clearance based on two months of safety data, pending full approval which usually requires at least six months of data.</p><p>When J&amp;J submitted its Covid vaccine data to the FDA in February, no specific concerns were identified when analyzed by age, race and comorbidities, according to the agency. The FDA said at the time the most common side effects reported were headache and fatigue, followed by muscle aches, nausea and fever.</p><p>The New York Timesfirst reportedthe news.</p><p>It’s unclear how the pause will impact J&amp;J’s goal to deliver 100 million doses to the U.S. by the end of May. The company has already been plagued by manufacturing issues of its vaccine.</p><p>Last week, Europe’s medicines regulatorsaid it found a possible linkbetween the coronavirus vaccine developed by AstraZeneca and the University of Oxford and rare blood clotting issues. AstraZeneca has not received authorization for use in the U.S.</p><p>Emer Cooke, executive director of the European Medicines Agency, said in a televised news conference last week that unusual blood clotting with low blood platelets would be added as a “very rare” side effect to the vaccine’s product information, along with a slew of other possible adverse reactions.</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>Johnson & Johnson dipped about 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\">\nJohnson & Johnson dipped about 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\">2021-04-13 19:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. Calls For Pause On Johnson &amp; Johnson Vaccine After Clotting Cases.</p><p><img src=\"https://static.tigerbbs.com/44ed5a479ba7fa5976bb70090ba50c81\" tg-width=\"1242\" tg-height=\"2148\" referrerpolicy=\"no-referrer\"></p><p><b>KEY POINTS</b></p><ul><li>The FDA said it is asking states to temporarily halt using J&amp;J’s Covid-19 vaccine after six people in the U.S. developed a rare blood clotting disorder.</li><li>The FDA said the recommendation is “out of an abundance of caution.”</li><li>All six cases occurred in women between the ages of 18 and 48, with symptoms developing six to 13 days after they received the shot.</li></ul><p>The Food and Drug Administration said Tuesday it is asking states to temporarily halt usingJohnson &amp; Johnson’s Covid-19 vaccine after six people in the U.S. developed a rare blood clotting disorder.</p><p>The FDA said the recommendation is “out of an abundance of caution.”</p><p>“Right now, these adverse events appear to be extremely rare,” the FDA said in a joint statement with the Centers for Disease Control and Prevention. “COVID-19 vaccine safety is a top priority for the federal government, and we take all reports of health problems following COVID-19 vaccination very seriously.”</p><p><img src=\"https://static.tigerbbs.com/b4808bfed9dcd9d1cc27ef92e3ba3dcf\" tg-width=\"512\" tg-height=\"232\">A White House spokesman referred CNBC to HHS when asked for comment.</p><p>All six cases occurred in women between the ages of 18 and 48, with symptoms developing six to 13 days after they received the shot. Doctors typically treat that type of blood clot with heparin but health regulators noted that could be dangerous in this case and recommended a different treatment.</p><p>J&amp;J said in a statement that “no clear causal relationship” has been identified between the blood clots and the vaccine, adding it is working closely with regulators to assess the data.</p><p>People who receive the vaccine and “develop severe headache, abdominal pain, leg pain, or shortness of breath within three weeks after vaccination should contact their health care provider,” the FDA and CDC said.</p><p>Shares of J&amp;J were down more than 3% in premarket trading Tuesday.</p><p>The CDC will convene a meeting of the Advisory Committee on Immunization Practices on Wednesday to further review the cases, federal health regulators said Tuesday. The FDA is also investigating the cases.</p><p>J&amp;J’s Covid-19 vaccine, like Pfizer’s and Moderna’s shots, received emergency use authorization from the FDA to start distributing the doses across the U.S. An EUA grants conditional clearance based on two months of safety data, pending full approval which usually requires at least six months of data.</p><p>When J&amp;J submitted its Covid vaccine data to the FDA in February, no specific concerns were identified when analyzed by age, race and comorbidities, according to the agency. The FDA said at the time the most common side effects reported were headache and fatigue, followed by muscle aches, nausea and fever.</p><p>The New York Timesfirst reportedthe news.</p><p>It’s unclear how the pause will impact J&amp;J’s goal to deliver 100 million doses to the U.S. by the end of May. The company has already been plagued by manufacturing issues of its vaccine.</p><p>Last week, Europe’s medicines regulatorsaid it found a possible linkbetween the coronavirus vaccine developed by AstraZeneca and the University of Oxford and rare blood clotting issues. AstraZeneca has not received authorization for use in the U.S.</p><p>Emer Cooke, executive director of the European Medicines Agency, said in a televised news conference last week that unusual blood clotting with low blood platelets would be added as a “very rare” side effect to the vaccine’s product information, along with a slew of other possible adverse reactions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178797310","content_text":"U.S. Calls For Pause On Johnson & Johnson Vaccine After Clotting Cases.KEY POINTSThe FDA said it is asking states to temporarily halt using J&J’s Covid-19 vaccine after six people in the U.S. developed a rare blood clotting disorder.The FDA said the recommendation is “out of an abundance of caution.”All six cases occurred in women between the ages of 18 and 48, with symptoms developing six to 13 days after they received the shot.The Food and Drug Administration said Tuesday it is asking states to temporarily halt usingJohnson & Johnson’s Covid-19 vaccine after six people in the U.S. developed a rare blood clotting disorder.The FDA said the recommendation is “out of an abundance of caution.”“Right now, these adverse events appear to be extremely rare,” the FDA said in a joint statement with the Centers for Disease Control and Prevention. “COVID-19 vaccine safety is a top priority for the federal government, and we take all reports of health problems following COVID-19 vaccination very seriously.”A White House spokesman referred CNBC to HHS when asked for comment.All six cases occurred in women between the ages of 18 and 48, with symptoms developing six to 13 days after they received the shot. Doctors typically treat that type of blood clot with heparin but health regulators noted that could be dangerous in this case and recommended a different treatment.J&J said in a statement that “no clear causal relationship” has been identified between the blood clots and the vaccine, adding it is working closely with regulators to assess the data.People who receive the vaccine and “develop severe headache, abdominal pain, leg pain, or shortness of breath within three weeks after vaccination should contact their health care provider,” the FDA and CDC said.Shares of J&J were down more than 3% in premarket trading Tuesday.The CDC will convene a meeting of the Advisory Committee on Immunization Practices on Wednesday to further review the cases, federal health regulators said Tuesday. The FDA is also investigating the cases.J&J’s Covid-19 vaccine, like Pfizer’s and Moderna’s shots, received emergency use authorization from the FDA to start distributing the doses across the U.S. An EUA grants conditional clearance based on two months of safety data, pending full approval which usually requires at least six months of data.When J&J submitted its Covid vaccine data to the FDA in February, no specific concerns were identified when analyzed by age, race and comorbidities, according to the agency. The FDA said at the time the most common side effects reported were headache and fatigue, followed by muscle aches, nausea and fever.The New York Timesfirst reportedthe news.It’s unclear how the pause will impact J&J’s goal to deliver 100 million doses to the U.S. by the end of May. The company has already been plagued by manufacturing issues of its vaccine.Last week, Europe’s medicines regulatorsaid it found a possible linkbetween the coronavirus vaccine developed by AstraZeneca and the University of Oxford and rare blood clotting issues. AstraZeneca has not received authorization for use in the U.S.Emer Cooke, executive director of the European Medicines Agency, said in a televised news conference last week that unusual blood clotting with low blood platelets would be added as a “very rare” side effect to the vaccine’s product information, along with a slew of other possible adverse reactions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369742497,"gmtCreate":1614078508819,"gmtModify":1704887773254,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Huh","listText":"Huh","text":"Huh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369742497","repostId":"1178144401","repostType":4,"repost":{"id":"1178144401","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1614077941,"share":"https://ttm.financial/m/news/1178144401?lang=&edition=fundamental","pubTime":"2021-02-23 18:59","market":"us","language":"en","title":"Why Tesla Took Off Standard Range Model Y From Its Offerings","url":"https://stock-news.laohu8.com/highlight/detail?id=1178144401","media":"Benzinga","summary":"Tesla Inc. is still offering the Model Y Standard Range, but only as an “off-the-menu” item, CEO Elo","content":"<p><b>Tesla Inc.</b>&nbsp;is still offering the Model Y Standard Range, but only as an “off-the-menu” item, CEO Elon Musk said Monday.</p>\n<p><b>What Happened</b>: The electric vehicle maker made the move apparently due to the sport utility vehicle’s low range.</p>\n<p>“It is still available off menu, but I don’t think the range, in many drive conditions, yet meets the Tesla standard of excellence,” Musk said on Twitter.</p>\n<p><b>Why It Matters:</b>As part of efforts to make some of its vehicles more affordable, Tesla had&nbsp;slashed the price of the base models&nbsp;of its Model 3 and Model Y vehicles last week. The company cut the price of the Model Y Standard Range by $2,000 to $39,990.</p>\n<p>However, Electrek reported Sunday that the Palo Alto-based company has&nbsp;stopped taking&nbsp;orders for the vehicle and also removed the model from its online configurator.</p>\n<p>The confusing moves on Tesla’s part come just over a month after it launched the Model Y Standard Range.</p>\n<p>Tesla had originally announced the cheapest version of the Model Y in 2019, but Musk said at that time the company would not produce the Standard Range due to its “unacceptably low” range of less than 250 miles.</p>\n<p><b>Price Action</b>: Tesla shares closed more than 8% lower at $714.50 on Monday.</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>Why Tesla Took Off Standard Range Model Y From Its Offerings</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\">\nWhy Tesla Took Off Standard Range Model Y From Its Offerings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-02-23 18:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Tesla Inc.</b>&nbsp;is still offering the Model Y Standard Range, but only as an “off-the-menu” item, CEO Elon Musk said Monday.</p>\n<p><b>What Happened</b>: The electric vehicle maker made the move apparently due to the sport utility vehicle’s low range.</p>\n<p>“It is still available off menu, but I don’t think the range, in many drive conditions, yet meets the Tesla standard of excellence,” Musk said on Twitter.</p>\n<p><b>Why It Matters:</b>As part of efforts to make some of its vehicles more affordable, Tesla had&nbsp;slashed the price of the base models&nbsp;of its Model 3 and Model Y vehicles last week. The company cut the price of the Model Y Standard Range by $2,000 to $39,990.</p>\n<p>However, Electrek reported Sunday that the Palo Alto-based company has&nbsp;stopped taking&nbsp;orders for the vehicle and also removed the model from its online configurator.</p>\n<p>The confusing moves on Tesla’s part come just over a month after it launched the Model Y Standard Range.</p>\n<p>Tesla had originally announced the cheapest version of the Model Y in 2019, but Musk said at that time the company would not produce the Standard Range due to its “unacceptably low” range of less than 250 miles.</p>\n<p><b>Price Action</b>: Tesla shares closed more than 8% lower at $714.50 on Monday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178144401","content_text":"Tesla Inc. is still offering the Model Y Standard Range, but only as an “off-the-menu” item, CEO Elon Musk said Monday.\nWhat Happened: The electric vehicle maker made the move apparently due to the sport utility vehicle’s low range.\n“It is still available off menu, but I don’t think the range, in many drive conditions, yet meets the Tesla standard of excellence,” Musk said on Twitter.\nWhy It Matters:As part of efforts to make some of its vehicles more affordable, Tesla had slashed the price of the base models of its Model 3 and Model Y vehicles last week. The company cut the price of the Model Y Standard Range by $2,000 to $39,990.\nHowever, Electrek reported Sunday that the Palo Alto-based company has stopped taking orders for the vehicle and also removed the model from its online configurator.\nThe confusing moves on Tesla’s part come just over a month after it launched the Model Y Standard Range.\nTesla had originally announced the cheapest version of the Model Y in 2019, but Musk said at that time the company would not produce the Standard Range due to its “unacceptably low” range of less than 250 miles.\nPrice Action: Tesla shares closed more than 8% lower at $714.50 on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369748446,"gmtCreate":1614078370485,"gmtModify":1704887769536,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"True true","listText":"True true","text":"True true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/369748446","repostId":"2113438110","repostType":4,"repost":{"id":"2113438110","kind":"news","pubTimestamp":1614069298,"share":"https://ttm.financial/m/news/2113438110?lang=&edition=fundamental","pubTime":"2021-02-23 16:34","market":"us","language":"en","title":"Supercharged Commodity Boom: Definitely. Supercycle? Not Exactly","url":"https://stock-news.laohu8.com/highlight/detail?id=2113438110","media":"Bloomberg","summary":"Fortunes for oil and copper diverge as green revolution looms\nBullish forecasts still come with long","content":"<ul>\n <li>Fortunes for oil and copper diverge as green revolution looms</li>\n <li>Bullish forecasts still come with longer-term caveats</li>\n</ul>\n<p>A surge in commodity prices has Wall Street banks gearing up for the arrival of a new supercycle, but underlying dynamics suggest it isn’t going to be a repeat of the epic China-led boom at the start of this century.</p>\n<p>Copper heading for new all-time highs, surging agricultural markets and oil prices back at pre-Covid levels are driving excited talk as economies, juiced by&nbsp;massive stimulus, rev up after Covid-19 lockdowns. The theory is that this could be just the start of a years-long rally in demand for raw materials across the board.</p>\n<p><img src=\"https://static.tigerbbs.com/7bf6587f4a3cc62654a27d305b448e28\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>But there are conundrums at the center of longer-term term forecasts. For example, the energy transition that heralds a bright new age for green metals like copper would be built on the decline of a key commodity: oil.</p>\n<p>And as investors flock back to markets like copper in anticipation of a growth-led bounce in inflation,policymakers and economists alike are increasingly&nbsp;alert&nbsp;to the consequences of higher food and fuel prices.</p>\n<p>While definitions vary, a supercycle is generally viewed as a sustained spell of abnormally strong demand growth that producers struggle to match, sparking a rally in prices that can last years or in some cases a decade or more.</p>\n<p>For some analysts, the current broad rally is rekindling memories of the supercycle seen during China’s rise in the early 2000s. But on closer scrutiny, the outlooks for individual commodities are diverging. While it could take copper miners a decade to tap new deposits to meet demand, oil producers from the Permian to the Persian Gulf may prove more nimble, imperiling long-running price gains.</p>\n<p>The differing fortunes for oil and metals are already evident in equity markets, with&nbsp;BHP Group Plc, the world’s largest miner, overtaking Royal Dutch Shell Plc as London’s biggest listed company.</p>\n<p>“Copper is a proper growth market, hands down; oil is not,” said Michael Widmer, head of metals research at Bank of America in London. “It doesn’t necessarily have to be bearish for oil, but it’s a very different dynamic.”</p>\n<p>Goldman Sachs Group Inc., BlackRock Inc., Citigroup Inc. and Bank of America see copper moving back toward all-time highs above $10,000 a ton, and many of the hard yards have already been done. It’s doubled from lows in March to above $9,000, fueled by bets that demand will spike as the world recovers from the pandemic and governments plough cash into electric-vehicle infrastructure and renewables.</p>\n<p>Oil’s rallied too -- to above $60 a barrel -- as collapsed demand comes back quicker than a deeper and more enduring supply shortfall. Goldman sees it hitting $75 within months, but long-term gains hinge largely on supply continuing to shrink faster than demand as the energy shift gathers pace.</p>\n<p>Rallying oil prices are hard for producers to resist. OPEC and its allies had about 9 million barrels a day of spare capacity offline last month. That’s 10% of current global supply. If prices keep rising, there’s little incentive for the group -- or its rivals in countries like the U.S. -- to keep barrels on the sidelines.</p>\n<p><img src=\"https://static.tigerbbs.com/af2a475b86e7eff16a6f86847285fccb\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>And then there are agricultural commodities that are ruled by their own dynamics. Soybeans and corn have rallied tomulti-year highs, driven by relentless buying by China as it rebuilds its hog herd following a devastating pig disease. But much depends on when purchases from China will slow.</p>\n<p>Just like in oil, the supply response has become quicker. Seed development means farmers are getting better yields, and crops aren’t as vulnerable to the weather as they used to be.</p>\n<p>The U.S. Department of Agriculture is already expecting record combined plantings of corn and soybeans this year, and executives from some of the world’s top agricultural commodities traders expect gains to last another year or two.</p>\n<p>That’s left many advocates for a new commodities bull run honing in on metals, where rallying prices have led to supercharged profits and record returns for miners.</p>\n<p>BHP and Rio Tinto Plc handed out $14 billion in dividends last week, but those profits are being generated mainly by iron ore, rather than the more forward-looking commodities such as copper or nickel that some on Wall Street see driving the next supercycle.</p>\n<p>And while both have big growth plans in copper, they’re much more cautious on the outlook for other parts of their portfolio. BHP expects steel demand to grow at a similar rate to the global population. It’s a similar story for coal and oil, with the biggest companies in both looking to curtail, not grow, production.</p>\n<p><img src=\"https://static.tigerbbs.com/aed7923ff5f6eb88a65c692dbf457dd6\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>That’s a stark contrast to the start of the last supercycle, when iron ore, coal and oil were the chief beneficiaries of China’s industrial expansion. Those markets dwarf copper in scale, while key battery materials such as lithium that are driving much of the latest hype are smaller still.</p>\n<p>The narrower commodity effect from a new green boom is reflected in the heavy caveats offered by analysts. Citigroup sees a supercycle in copper and aluminum, but more fleeting returns elsewhere. Others including BMO Capital Markets say that while demand could outpace supply for some time, the mismatch won’t last long enough to justify predicting a supercycle.</p>\n<p>And even those who are universally bullish on commodities could end up being right for now, even if it doesn’t turn out to be a supercycle. Ultimately, for investors, the long-term discussion may be academic as they pursue the opportunities that exist in the here and now.</p>\n<p>“Sometimes the world is just simple,” said Luke Sadrian, a fund manager at Commodities World Capital, who’s been involved in metals markets since 1991. “I’m having the best month of my entire career this month, stuff is moving around that much.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Supercharged Commodity Boom: Definitely. Supercycle? Not Exactly</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\">\nSupercharged Commodity Boom: Definitely. Supercycle? Not Exactly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 16:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-02-23/supercharged-commodity-boom-definitely-supercycle-not-exactly?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fortunes for oil and copper diverge as green revolution looms\nBullish forecasts still come with longer-term caveats\n\nA surge in commodity prices has Wall Street banks gearing up for the arrival of a ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-02-23/supercharged-commodity-boom-definitely-supercycle-not-exactly?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COPX":"铜矿ETF-Global X","COPA.UK":"铜 ETF","BBL":"必和必拓","BHP":"必和必拓公司"},"source_url":"http://bloomberg.com/news/articles/2021-02-23/supercharged-commodity-boom-definitely-supercycle-not-exactly?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2113438110","content_text":"Fortunes for oil and copper diverge as green revolution looms\nBullish forecasts still come with longer-term caveats\n\nA surge in commodity prices has Wall Street banks gearing up for the arrival of a new supercycle, but underlying dynamics suggest it isn’t going to be a repeat of the epic China-led boom at the start of this century.\nCopper heading for new all-time highs, surging agricultural markets and oil prices back at pre-Covid levels are driving excited talk as economies, juiced by massive stimulus, rev up after Covid-19 lockdowns. The theory is that this could be just the start of a years-long rally in demand for raw materials across the board.\n\nBut there are conundrums at the center of longer-term term forecasts. For example, the energy transition that heralds a bright new age for green metals like copper would be built on the decline of a key commodity: oil.\nAnd as investors flock back to markets like copper in anticipation of a growth-led bounce in inflation,policymakers and economists alike are increasingly alert to the consequences of higher food and fuel prices.\nWhile definitions vary, a supercycle is generally viewed as a sustained spell of abnormally strong demand growth that producers struggle to match, sparking a rally in prices that can last years or in some cases a decade or more.\nFor some analysts, the current broad rally is rekindling memories of the supercycle seen during China’s rise in the early 2000s. But on closer scrutiny, the outlooks for individual commodities are diverging. While it could take copper miners a decade to tap new deposits to meet demand, oil producers from the Permian to the Persian Gulf may prove more nimble, imperiling long-running price gains.\nThe differing fortunes for oil and metals are already evident in equity markets, with BHP Group Plc, the world’s largest miner, overtaking Royal Dutch Shell Plc as London’s biggest listed company.\n“Copper is a proper growth market, hands down; oil is not,” said Michael Widmer, head of metals research at Bank of America in London. “It doesn’t necessarily have to be bearish for oil, but it’s a very different dynamic.”\nGoldman Sachs Group Inc., BlackRock Inc., Citigroup Inc. and Bank of America see copper moving back toward all-time highs above $10,000 a ton, and many of the hard yards have already been done. It’s doubled from lows in March to above $9,000, fueled by bets that demand will spike as the world recovers from the pandemic and governments plough cash into electric-vehicle infrastructure and renewables.\nOil’s rallied too -- to above $60 a barrel -- as collapsed demand comes back quicker than a deeper and more enduring supply shortfall. Goldman sees it hitting $75 within months, but long-term gains hinge largely on supply continuing to shrink faster than demand as the energy shift gathers pace.\nRallying oil prices are hard for producers to resist. OPEC and its allies had about 9 million barrels a day of spare capacity offline last month. That’s 10% of current global supply. If prices keep rising, there’s little incentive for the group -- or its rivals in countries like the U.S. -- to keep barrels on the sidelines.\n\nAnd then there are agricultural commodities that are ruled by their own dynamics. Soybeans and corn have rallied tomulti-year highs, driven by relentless buying by China as it rebuilds its hog herd following a devastating pig disease. But much depends on when purchases from China will slow.\nJust like in oil, the supply response has become quicker. Seed development means farmers are getting better yields, and crops aren’t as vulnerable to the weather as they used to be.\nThe U.S. Department of Agriculture is already expecting record combined plantings of corn and soybeans this year, and executives from some of the world’s top agricultural commodities traders expect gains to last another year or two.\nThat’s left many advocates for a new commodities bull run honing in on metals, where rallying prices have led to supercharged profits and record returns for miners.\nBHP and Rio Tinto Plc handed out $14 billion in dividends last week, but those profits are being generated mainly by iron ore, rather than the more forward-looking commodities such as copper or nickel that some on Wall Street see driving the next supercycle.\nAnd while both have big growth plans in copper, they’re much more cautious on the outlook for other parts of their portfolio. BHP expects steel demand to grow at a similar rate to the global population. It’s a similar story for coal and oil, with the biggest companies in both looking to curtail, not grow, production.\n\nThat’s a stark contrast to the start of the last supercycle, when iron ore, coal and oil were the chief beneficiaries of China’s industrial expansion. Those markets dwarf copper in scale, while key battery materials such as lithium that are driving much of the latest hype are smaller still.\nThe narrower commodity effect from a new green boom is reflected in the heavy caveats offered by analysts. Citigroup sees a supercycle in copper and aluminum, but more fleeting returns elsewhere. Others including BMO Capital Markets say that while demand could outpace supply for some time, the mismatch won’t last long enough to justify predicting a supercycle.\nAnd even those who are universally bullish on commodities could end up being right for now, even if it doesn’t turn out to be a supercycle. Ultimately, for investors, the long-term discussion may be academic as they pursue the opportunities that exist in the here and now.\n“Sometimes the world is just simple,” said Luke Sadrian, a fund manager at Commodities World Capital, who’s been involved in metals markets since 1991. “I’m having the best month of my entire career this month, stuff is moving around that much.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137794284,"gmtCreate":1622388236248,"gmtModify":1704183728984,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Oh I seereee","listText":"Oh I seereee","text":"Oh I seereee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137794284","repostId":"1188611521","repostType":4,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108224741,"gmtCreate":1620032676883,"gmtModify":1704337632704,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Coins for me!","listText":"Coins for me!","text":"Coins for me!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/108224741","repostId":"2132591211","repostType":4,"repost":{"id":"2132591211","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1620031880,"share":"https://ttm.financial/m/news/2132591211?lang=&edition=fundamental","pubTime":"2021-05-03 16:51","market":"hk","language":"en","title":"Hong Kong stocks end over 1% lower as financials, Mengniu weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2132591211","media":"Reuters","summary":"HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent r","content":"<p>HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain.</p><p>The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index    fell 1.04% to 10,713.</p><p>After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.</p><p>The Hong Kong Monetary Authority, the key manager of Hong Kong's Exchange Fund, said slow vaccination take up in the city could hinder its competitiveness as a business centre.</p><p>The sub-index of the Hang Seng tracking energy shares&nbsp;dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.</p><p>China's stock and bond markets, as well as its foreign exchange and commodity futures markets are closed on May 1-5 for the Labour Day holiday.</p><p>\"Investors were not even interested in hunting for bargain when markets like Japan and China were on holiday,\" said Steven Leung, a sales director at UOB Kay Hian, adding, concern over further measures from China's regulators aiming at new economy stocks also kept investors away.</p><p>The top gainer on the Hang Seng was China Petroleum &amp; Chemical Corp, up 1.29%, while the biggest loser was China Mengniu Dairy Co Ltd, dropping 3.49%.</p><p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was weaker by 0.73%.</p><p>The top gainers among H-shares were Anhui Conch Cement Co Ltd    up 1.94%, followed by Hansoh Pharmaceutical Group Company Ltd, gaining 1.49% and  <a href=\"https://laohu8.com/S/PSBKF\">Postal Savings Bank of China Co Ltd</a>, up by 1.38%.</p><p>The three biggest H-shares percentage decliners were China Mengniu Dairy Co Ltd, down 3.49%, China Feihe Ltd, falling 2.93% and <a href=\"https://laohu8.com/S/ALBHF\">Alibaba Health Information Technology Ltd</a>, down 2.53%.</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>Hong Kong stocks end over 1% lower as financials, Mengniu weigh</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\">\nHong Kong stocks end over 1% lower as financials, Mengniu weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-03 16:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain.</p><p>The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index    fell 1.04% to 10,713.</p><p>After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.</p><p>The Hong Kong Monetary Authority, the key manager of Hong Kong's Exchange Fund, said slow vaccination take up in the city could hinder its competitiveness as a business centre.</p><p>The sub-index of the Hang Seng tracking energy shares&nbsp;dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.</p><p>China's stock and bond markets, as well as its foreign exchange and commodity futures markets are closed on May 1-5 for the Labour Day holiday.</p><p>\"Investors were not even interested in hunting for bargain when markets like Japan and China were on holiday,\" said Steven Leung, a sales director at UOB Kay Hian, adding, concern over further measures from China's regulators aiming at new economy stocks also kept investors away.</p><p>The top gainer on the Hang Seng was China Petroleum &amp; Chemical Corp, up 1.29%, while the biggest loser was China Mengniu Dairy Co Ltd, dropping 3.49%.</p><p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was weaker by 0.73%.</p><p>The top gainers among H-shares were Anhui Conch Cement Co Ltd    up 1.94%, followed by Hansoh Pharmaceutical Group Company Ltd, gaining 1.49% and  <a href=\"https://laohu8.com/S/PSBKF\">Postal Savings Bank of China Co Ltd</a>, up by 1.38%.</p><p>The three biggest H-shares percentage decliners were China Mengniu Dairy Co Ltd, down 3.49%, China Feihe Ltd, falling 2.93% and <a href=\"https://laohu8.com/S/ALBHF\">Alibaba Health Information Technology Ltd</a>, down 2.53%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03143":"华夏香港银行股","03692":"翰森制药","00241":"阿里健康","HSBA.UK":"汇丰控股有限公司","02319":"蒙牛乳业","01024":"快手-W","01658":"邮储银行","HSTECH":"恒生科技指数","09988":"阿里巴巴-W","00914":"海螺水泥","00386":"中国石油化工股份","HSBC":"汇丰","00005":"汇丰控股","HSCEI":"国企指数","HSCCI":"红筹指数","HSI":"恒生指数","06186":"中国飞鹤"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132591211","content_text":"HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain.The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index    fell 1.04% to 10,713.After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.The Hong Kong Monetary Authority, the key manager of Hong Kong's Exchange Fund, said slow vaccination take up in the city could hinder its competitiveness as a business centre.The sub-index of the Hang Seng tracking energy shares dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.China's stock and bond markets, as well as its foreign exchange and commodity futures markets are closed on May 1-5 for the Labour Day holiday.\"Investors were not even interested in hunting for bargain when markets like Japan and China were on holiday,\" said Steven Leung, a sales director at UOB Kay Hian, adding, concern over further measures from China's regulators aiming at new economy stocks also kept investors away.The top gainer on the Hang Seng was China Petroleum & Chemical Corp, up 1.29%, while the biggest loser was China Mengniu Dairy Co Ltd, dropping 3.49%.Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.73%.The top gainers among H-shares were Anhui Conch Cement Co Ltd    up 1.94%, followed by Hansoh Pharmaceutical Group Company Ltd, gaining 1.49% and  Postal Savings Bank of China Co Ltd, up by 1.38%.The three biggest H-shares percentage decliners were China Mengniu Dairy Co Ltd, down 3.49%, China Feihe Ltd, falling 2.93% and Alibaba Health Information Technology Ltd, down 2.53%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176897411,"gmtCreate":1626875396433,"gmtModify":1703479727476,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$AAPL 20210820 110.0 PUT(AAPL)$</a>lezzgo","listText":"<a href=\"https://laohu8.com/S/AAPL\">$AAPL 20210820 110.0 PUT(AAPL)$</a>lezzgo","text":"$AAPL 20210820 110.0 PUT(AAPL)$lezzgo","images":[{"img":"https://static.tigerbbs.com/dd7cb0713dd473cef7d12dde4cb2fd3a","width":"1768","height":"3143"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176897411","isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":137794574,"gmtCreate":1622388256598,"gmtModify":1704183728820,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Agreed ?","listText":"Agreed ?","text":"Agreed ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137794574","repostId":"2138306488","repostType":4,"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347024318,"gmtCreate":1618451360134,"gmtModify":1704711011919,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00235\">$China Strategic(00235)$</a>ggggggg","listText":"<a href=\"https://laohu8.com/S/00235\">$China Strategic(00235)$</a>ggggggg","text":"$China Strategic(00235)$ggggggg","images":[{"img":"https://static.tigerbbs.com/3df9ddbcb7c6af76f2d993a4d206b35e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347024318","isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":347025825,"gmtCreate":1618451329267,"gmtModify":1704711010458,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Candu crush","listText":"Candu crush","text":"Candu crush","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347025825","repostId":"1150008080","repostType":4,"repost":{"id":"1150008080","kind":"news","pubTimestamp":1618445627,"share":"https://ttm.financial/m/news/1150008080?lang=&edition=fundamental","pubTime":"2021-04-15 08:13","market":"us","language":"en","title":"Apple Could Crush Earnings Estimates. One Analyst Explains How.","url":"https://stock-news.laohu8.com/highlight/detail?id=1150008080","media":"Barrons","summary":"While you weren’t looking, Apple shares have rallied about 12% over the past two weeks, as investors turn their attention to the company’s upcoming March-quarter financial results. There are reasons to think more gains could follow.Evercore ISI analyst Amit Daryanani this morning repeated his Outperform rating and $175 target price on Apple shares , while adding the stock to the firm’s Tactical Outperform list.“While the supply chain issues are real, we expect Apple will be relatively protected ","content":"<p>While you weren’t looking, Apple shares have rallied about 12% over the past two weeks, as investors turn their attention to the company’s upcoming March-quarter financial results. There are reasons to think more gains could follow.</p>\n<p>Evercore ISI analyst Amit Daryanani this morning repeated his Outperform rating and $175 target price on Apple shares (ticker: AAPL), while adding the stock to the firm’s Tactical Outperform list.</p>\n<p>The analyst thinks Apple is “well-positioned to report upside to March quarter estimates,” driven by strong performance by bothiPhoneandservices, and despite ongoing component shortages.</p>\n<p>“While the supply chain issues are real, we expect Apple will be relatively protected by its status as one of the largest electronics purchasers in the world,” Daryanani writes in a research note. He points out that Foxconn, a key Apple manufacturing partner,has called out the tight supply of partsbut said it would affect less than 10% of customer orders.</p>\n<p>Meanwhile, he notes thati&nbsp;Phone shipments in Chinawere up 185% in the first two months of the quarter, while the App Store saw 32% growth in the quarter. He notes that Apple had guided to some deceleration in services in the quarter after 30% growth in the December quarter, but he sees potential that the growth will be steady or better given strength in the App Store.</p>\n<p>In short, Daryanani thinks Apple is positioned to report “sizable upside” versus expectations for the March quarter, with June guidance likely to be in line with expectations or better. Long term, he thinks the company can sustain mid-to-high single-digit sales growth and low-teens earnings-per-share growth.</p>\n<p>Apple is due to report earnings on April 28. Current Street consensus calls for revenue of $77 billion and profits of 98 cents a share.</p>\n<p>Apple stock was down 1.8%, at $132.03, in recent trading. The&nbsp;S&amp;P 500&nbsp;was down&nbsp;0.4%.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Crush Earnings Estimates. One Analyst Explains How.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Could Crush Earnings Estimates. One Analyst Explains How.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-15 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-should-crush-street-estimates-for-the-march-quarter-analyst-says-51618413850?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While you weren’t looking, Apple shares have rallied about 12% over the past two weeks, as investors turn their attention to the company’s upcoming March-quarter financial results. There are reasons ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-should-crush-street-estimates-for-the-march-quarter-analyst-says-51618413850?mod=hp_LEADSUPP_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-should-crush-street-estimates-for-the-march-quarter-analyst-says-51618413850?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150008080","content_text":"While you weren’t looking, Apple shares have rallied about 12% over the past two weeks, as investors turn their attention to the company’s upcoming March-quarter financial results. There are reasons to think more gains could follow.\nEvercore ISI analyst Amit Daryanani this morning repeated his Outperform rating and $175 target price on Apple shares (ticker: AAPL), while adding the stock to the firm’s Tactical Outperform list.\nThe analyst thinks Apple is “well-positioned to report upside to March quarter estimates,” driven by strong performance by bothiPhoneandservices, and despite ongoing component shortages.\n“While the supply chain issues are real, we expect Apple will be relatively protected by its status as one of the largest electronics purchasers in the world,” Daryanani writes in a research note. He points out that Foxconn, a key Apple manufacturing partner,has called out the tight supply of partsbut said it would affect less than 10% of customer orders.\nMeanwhile, he notes thati Phone shipments in Chinawere up 185% in the first two months of the quarter, while the App Store saw 32% growth in the quarter. He notes that Apple had guided to some deceleration in services in the quarter after 30% growth in the December quarter, but he sees potential that the growth will be steady or better given strength in the App Store.\nIn short, Daryanani thinks Apple is positioned to report “sizable upside” versus expectations for the March quarter, with June guidance likely to be in line with expectations or better. Long term, he thinks the company can sustain mid-to-high single-digit sales growth and low-teens earnings-per-share growth.\nApple is due to report earnings on April 28. Current Street consensus calls for revenue of $77 billion and profits of 98 cents a share.\nApple stock was down 1.8%, at $132.03, in recent trading. The S&P 500 was down 0.4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347065932,"gmtCreate":1618450575126,"gmtModify":1704710998131,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$PLTR 20210416 29.5 CALL(PLTR)$</a>kkontol babi","listText":"<a href=\"https://laohu8.com/S/PLTR\">$PLTR 20210416 29.5 CALL(PLTR)$</a>kkontol babi","text":"$PLTR 20210416 29.5 CALL(PLTR)$kkontol babi","images":[{"img":"https://static.tigerbbs.com/49f78e28f6cb361d18fdd4f9c4d0c952","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347065932","isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344354283,"gmtCreate":1618380112942,"gmtModify":1704709924471,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CTRM\">$Castor Maritime, Inc.(CTRM)$</a>eugdykcsfjbxd gdh","listText":"<a href=\"https://laohu8.com/S/CTRM\">$Castor Maritime, Inc.(CTRM)$</a>eugdykcsfjbxd gdh","text":"$Castor Maritime, Inc.(CTRM)$eugdykcsfjbxd gdh","images":[{"img":"https://static.tigerbbs.com/7d7891e03e67e073b1b7576f38dce0f1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344354283","isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345837715,"gmtCreate":1618298440237,"gmtModify":1704708756917,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Comment liao la give me coins","listText":"Comment liao la give me coins","text":"Comment liao la give me coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/345837715","repostId":"1188078941","repostType":4,"repost":{"id":"1188078941","kind":"news","pubTimestamp":1618298234,"share":"https://ttm.financial/m/news/1188078941?lang=&edition=fundamental","pubTime":"2021-04-13 15:17","market":"us","language":"en","title":"Netflix Just Fixed Its Only Disadvantage in Streaming","url":"https://stock-news.laohu8.com/highlight/detail?id=1188078941","media":"Motley Fool","summary":"A new licensing agreement keeps Netflix on an even playing field with all its new competitors.\n\nNetf","content":"<blockquote>\n A new licensing agreement keeps Netflix on an even playing field with all its new competitors.\n</blockquote>\n<p><b>Netflix</b>(NASDAQ:NFLX)may be all about its original series and films, but its library can still benefit from familiar studio blockbusters. That's why it inked a deal with<b>Sony</b>(NYSE:SNE)to exclusively stream the studio's output starting with its 2022 film release slate. The deal also includes first-looks at Sony's direct-to-home releases and several key back catalog titles, and builds on its existing deal for Sony's animated film releases.</p>\n<p>The opportunities to strike these deals have become few and far between as new competitors pop up and studios retain their film output. Sony may have been Netflix's only option to even the playing field.</p>\n<p><b>Streaming silos</b></p>\n<p>Studios used to strike first-run deals with premium cable channels like&nbsp;<b>AT&amp;T</b>'s(NYSE:T)&nbsp;HBO or<b>Lionsgate</b>'s Starz. Then Netflix's streaming service came along and expanded from buying old back catalogs of films to first-run releases like the premium channels.</p>\n<p>The licensing revenue from these deals was great for the studios. It's extremely high-margin, and some deals could help breathe new life into old releases.</p>\n<p>But now, after significant consolidation in the media industry, nearly every major studio is associated with its own streaming service. Manymedia companieshave their own in-house collections of films and television series that they can bring direct to the consumer with streaming with efficient costs, making it a more profitable endeavor.</p>\n<p><img src=\"https://static.tigerbbs.com/feba96cbf8de61fb6755ad274c40318d\" tg-width=\"787\" tg-height=\"454\">Sony is the only notable film studio without direct ties to a streaming service. Sony sold its ad-supported Crackle streaming service in 2019.</p>\n<p>Comcast currently licenses Universal films to HBO Max, Illumination films to Netflix, and Dreamworks films to Hulu. However, it's considering retaining the rights for Universal and Illumination films for Peacock as negotiations for those rights come back up this year. It could also strike a non-exclusive deal that would allow it to stream its films on Peacock while licensing them to other streaming services.</p>\n<p>If Netflix wanted access to a film studio output, Sony was its only option.</p>\n<p><b>But why does Netflix want an output deal anyway?</b></p>\n<p>Simply put, Sony has something Netflix can't get anywhere else.</p>\n<p>While Netflix can make its own films, it won't have any theatrical blockbusters like Sony will. The familiarity of popular films on the streaming service can drive engagement. And with all the other studios keeping their film streaming rights for themselves, Sony is the only source for Netflix to get those kinds of films.</p>\n<p>Moreover, Sony has some key intellectual property. Most notably, it owns the rights to the Spider-Man universe, which ties into the rest of Disney's Marvel Cinematic Universe. With the immensepopularity of Disney+, retaining some Marvel fans with Sony's Spider-Man output is a nice bonus.</p>\n<p>Sony also owns the rights to franchises including<i>Jumanji</i>,<i>Ghostbusters</i>, and<i>The Karate Kid</i>. The latter spawned an extremely popular series now available on Netflix, so there could be easy opportunities to increase engagement.</p>\n<p>Netflix isn't paying too much for the deal either. Despite the fact that the deal fetched a \"record-setting price tag,\" according to reports, the total estimated outlay for the five-year deal is between $1 billion and $2 billion. Even at the high end -- $400 million per year -- that represents a tiny percentage of Netflix's $19 billion projected content budget for 2021. It's also notably paying Sony more than $500 million per year for the rights tostream<i>Seinfeld</i>starting this June.</p>\n<p>So, in the grand scheme of things, the Sony film deal presents good value for Netflix. It ought to keep subscribers engaged with the service, and engaged subscribers don't cancel.</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>Netflix Just Fixed Its Only Disadvantage in Streaming</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\">\nNetflix Just Fixed Its Only Disadvantage in Streaming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-13 15:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/12/netflix-just-fixed-its-only-disadvantage-in-stream/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A new licensing agreement keeps Netflix on an even playing field with all its new competitors.\n\nNetflix(NASDAQ:NFLX)may be all about its original series and films, but its library can still benefit ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/12/netflix-just-fixed-its-only-disadvantage-in-stream/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2021/04/12/netflix-just-fixed-its-only-disadvantage-in-stream/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188078941","content_text":"A new licensing agreement keeps Netflix on an even playing field with all its new competitors.\n\nNetflix(NASDAQ:NFLX)may be all about its original series and films, but its library can still benefit from familiar studio blockbusters. That's why it inked a deal withSony(NYSE:SNE)to exclusively stream the studio's output starting with its 2022 film release slate. The deal also includes first-looks at Sony's direct-to-home releases and several key back catalog titles, and builds on its existing deal for Sony's animated film releases.\nThe opportunities to strike these deals have become few and far between as new competitors pop up and studios retain their film output. Sony may have been Netflix's only option to even the playing field.\nStreaming silos\nStudios used to strike first-run deals with premium cable channels like AT&T's(NYSE:T) HBO orLionsgate's Starz. Then Netflix's streaming service came along and expanded from buying old back catalogs of films to first-run releases like the premium channels.\nThe licensing revenue from these deals was great for the studios. It's extremely high-margin, and some deals could help breathe new life into old releases.\nBut now, after significant consolidation in the media industry, nearly every major studio is associated with its own streaming service. Manymedia companieshave their own in-house collections of films and television series that they can bring direct to the consumer with streaming with efficient costs, making it a more profitable endeavor.\nSony is the only notable film studio without direct ties to a streaming service. Sony sold its ad-supported Crackle streaming service in 2019.\nComcast currently licenses Universal films to HBO Max, Illumination films to Netflix, and Dreamworks films to Hulu. However, it's considering retaining the rights for Universal and Illumination films for Peacock as negotiations for those rights come back up this year. It could also strike a non-exclusive deal that would allow it to stream its films on Peacock while licensing them to other streaming services.\nIf Netflix wanted access to a film studio output, Sony was its only option.\nBut why does Netflix want an output deal anyway?\nSimply put, Sony has something Netflix can't get anywhere else.\nWhile Netflix can make its own films, it won't have any theatrical blockbusters like Sony will. The familiarity of popular films on the streaming service can drive engagement. And with all the other studios keeping their film streaming rights for themselves, Sony is the only source for Netflix to get those kinds of films.\nMoreover, Sony has some key intellectual property. Most notably, it owns the rights to the Spider-Man universe, which ties into the rest of Disney's Marvel Cinematic Universe. With the immensepopularity of Disney+, retaining some Marvel fans with Sony's Spider-Man output is a nice bonus.\nSony also owns the rights to franchises includingJumanji,Ghostbusters, andThe Karate Kid. The latter spawned an extremely popular series now available on Netflix, so there could be easy opportunities to increase engagement.\nNetflix isn't paying too much for the deal either. Despite the fact that the deal fetched a \"record-setting price tag,\" according to reports, the total estimated outlay for the five-year deal is between $1 billion and $2 billion. Even at the high end -- $400 million per year -- that represents a tiny percentage of Netflix's $19 billion projected content budget for 2021. It's also notably paying Sony more than $500 million per year for the rights tostreamSeinfeldstarting this June.\nSo, in the grand scheme of things, the Sony film deal presents good value for Netflix. It ought to keep subscribers engaged with the service, and engaged subscribers don't cancel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345132942,"gmtCreate":1618285750086,"gmtModify":1704708609403,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Correct meh","listText":"Correct meh","text":"Correct meh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345132942","repostId":"1164181592","repostType":4,"repost":{"id":"1164181592","kind":"news","pubTimestamp":1618284203,"share":"https://ttm.financial/m/news/1164181592?lang=&edition=fundamental","pubTime":"2021-04-13 11:23","market":"us","language":"en","title":"Why Nio Stock Is Not Yet a Long-Term Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1164181592","media":"InvestorPlace","summary":"The recent choppiness in EV darling NIO stock will likely continue in April, too\nShares of the Chine","content":"<p>The recent choppiness in EV darling NIO stock will likely continue in April, too</p>\n<p>Shares of the Chinese electric vehicle maker&nbsp;<b>Nio</b>(NYSE:<b><u>NIO</u></b>) had a remarkable performance in the past year, returning around than 1,350%. In other words, $1,000 invested in NIO stock in April 2020 would now be more than $14,500.</p>\n<p>By comparison, the&nbsp;<b>SPDR S&amp;P Kensho Smart Mobility ETF</b>&nbsp;(NYSEARCA:<b><u>HAIL</u></b>) is up about 175% in the same period. And, since hitting 52-week lows last spring,<b>Tesla</b>&nbsp;(NASDAQ:<b><u>TSLA</u></b>) has returned around 480%.</p>\n<p>Nio shares hit a record high on Jan. 11. However, since then, profit-taking has kicked in, and so far this year, NIO stock is down over 20%, meaning the shares are now officially in a bear market. The stock is currently around $38.</p>\n<p>Therefore, we will look at Nio’s prospects and discuss whether it remains a buy given the recent drop in the share price. Given the increased volatility in the markets in earnings seasons, Nio stock could decline further in April. Here’s why.</p>\n<p><b>How Q4 Results Came</b></p>\n<p>About&nbsp;1.3 million electric vehicles&nbsp;were sold last year in China. Forecasters expect that to increase to 1.9 million EVs this year. China now has the&nbsp;largest EV market&nbsp;worldwide, followed by Germany, the U.S. and France. Therefore, Chinese automakers are increasingly in the limelight.</p>\n<p>Nio markets cars exclusively in China, where it also offers battery charging services. Management released&nbsp;Q4&nbsp;results in early March. During the quarter, Nio delivered 17,353 vehicles. It currently has three models:</p>\n<ul>\n <li>ES8 (six- and seven-seater SUV) sales in the fourth quarter were 4,873.</li>\n <li>ES6 (five-seater SUV) Q4 sales were 7,574.</li>\n <li>EC6S (five-seater coupe SUV) Q4 sales were 4,906.</li>\n</ul>\n<p>For 2020, the total number of deliveries was 43,728. A year ago it had been 20,565. Vehicle sales came at $946 million, an increase of 130% year over year. Revenue was $1 billion, up 133% from the previous year. Net loss per diluted share was 14 cents, a number wider than expected.</p>\n<p>Most car companies are currently suffering from a global&nbsp;chip&nbsp;shortage. Nio’s management hasalso warned that it would have to cut production by over 20%. As a result, investors have taken some money off the table, especially in the shares of global car makers.</p>\n<p>The Street has also been nervous about inflationary pressures in the horizon, as evidenced by the rise in U.S. Treasury yields. Furthermore, Chinese stocks are under pressure due to U.S.&nbsp;regulatory&nbsp;concerns. Given the new SEC laws, several China-based names could&nbsp;delist&nbsp;in the U.S. Therefore, a further move away from growth names like Nio stock might be in the cards.</p>\n<p>In early April, Nio&nbsp;released&nbsp;its March and Q1 2021 delivery update. The automaker delivered 7,257 vehicles in March, up 373% from a year ago. Earlier this month Nio also marked the production of its 100,000th vehicle. Although these are important developments for a young company, investors were not impressed enough to buy into the share price.</p>\n<p><b>The Bottom Line on NIO Stock</b></p>\n<p>Over the past year, Nio has seen an epic renaissance, moving from a penny stock to an electric vehicle darling with a market capitalization of $62 billion. Given the growth of this segment in China as well as globally, the bull run in many global EV makers could still be in early stages. However, NIO stock’s price-book and price-sales ratios stand at 13.4 and 17.2, respectively.</p>\n<p>This is a frothy valuation level for a company that sells around 50,000 vehicles&nbsp; a year. By comparison,<b>General Motors</b>&nbsp;(NYSE:<b><u>GM</u></b>) has P/B and P/S ratios of 1.6 and 0.5. Therefore, it might still be too early to hit the “buy” button in Nio in April. The smart money is likely to wait longer before moving back into the shares.</p>\n<p>It is also important to remember that most EV stocks move in tandem. As a new earnings season begins, quarterly metrics from other automakers will potentially affect Nio shares. For instance, a decline in the industry’s top names, especially in Tesla stock, could have an adverse effect on the Chinese group, too.</p>\n<p>If you do not want to commit full capital to NIO stock, you might also consider ETFs that hold the EV maker as a stock. Examples include the&nbsp;<b>First Trust NASDAQ Clean Edge Green Energy Index Fund</b>(NASDAQ:<b><u>QCLN</u></b>), the&nbsp;<b>Global X Autonomous &amp; Electric Vehicles ETF</b>&nbsp;(NASDAQ:<b><u>DRIV</u></b>), the&nbsp;<b>KraneShares MSCI China Clean Technology Index ETF</b>&nbsp;(NYSEARCA:<b><u>KGRN</u></b>) or the&nbsp;<b>SoFi</b>&nbsp;<b>50 ETF</b>&nbsp;(NYSEARCA:<b><u>SFYF</u></b>).</p>","source":"lsy1606302653667","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>Why Nio Stock Is Not Yet a Long-Term Buy</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\">\nWhy Nio Stock Is Not Yet a Long-Term Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-13 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/why-nio-stock-is-not-yet-a-long-term-buy/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recent choppiness in EV darling NIO stock will likely continue in April, too\nShares of the Chinese electric vehicle maker Nio(NYSE:NIO) had a remarkable performance in the past year, returning ...</p>\n\n<a href=\"https://investorplace.com/2021/04/why-nio-stock-is-not-yet-a-long-term-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/04/why-nio-stock-is-not-yet-a-long-term-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164181592","content_text":"The recent choppiness in EV darling NIO stock will likely continue in April, too\nShares of the Chinese electric vehicle maker Nio(NYSE:NIO) had a remarkable performance in the past year, returning around than 1,350%. In other words, $1,000 invested in NIO stock in April 2020 would now be more than $14,500.\nBy comparison, the SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) is up about 175% in the same period. And, since hitting 52-week lows last spring,Tesla (NASDAQ:TSLA) has returned around 480%.\nNio shares hit a record high on Jan. 11. However, since then, profit-taking has kicked in, and so far this year, NIO stock is down over 20%, meaning the shares are now officially in a bear market. The stock is currently around $38.\nTherefore, we will look at Nio’s prospects and discuss whether it remains a buy given the recent drop in the share price. Given the increased volatility in the markets in earnings seasons, Nio stock could decline further in April. Here’s why.\nHow Q4 Results Came\nAbout 1.3 million electric vehicles were sold last year in China. Forecasters expect that to increase to 1.9 million EVs this year. China now has the largest EV market worldwide, followed by Germany, the U.S. and France. Therefore, Chinese automakers are increasingly in the limelight.\nNio markets cars exclusively in China, where it also offers battery charging services. Management released Q4 results in early March. During the quarter, Nio delivered 17,353 vehicles. It currently has three models:\n\nES8 (six- and seven-seater SUV) sales in the fourth quarter were 4,873.\nES6 (five-seater SUV) Q4 sales were 7,574.\nEC6S (five-seater coupe SUV) Q4 sales were 4,906.\n\nFor 2020, the total number of deliveries was 43,728. A year ago it had been 20,565. Vehicle sales came at $946 million, an increase of 130% year over year. Revenue was $1 billion, up 133% from the previous year. Net loss per diluted share was 14 cents, a number wider than expected.\nMost car companies are currently suffering from a global chip shortage. Nio’s management hasalso warned that it would have to cut production by over 20%. As a result, investors have taken some money off the table, especially in the shares of global car makers.\nThe Street has also been nervous about inflationary pressures in the horizon, as evidenced by the rise in U.S. Treasury yields. Furthermore, Chinese stocks are under pressure due to U.S. regulatory concerns. Given the new SEC laws, several China-based names could delist in the U.S. Therefore, a further move away from growth names like Nio stock might be in the cards.\nIn early April, Nio released its March and Q1 2021 delivery update. The automaker delivered 7,257 vehicles in March, up 373% from a year ago. Earlier this month Nio also marked the production of its 100,000th vehicle. Although these are important developments for a young company, investors were not impressed enough to buy into the share price.\nThe Bottom Line on NIO Stock\nOver the past year, Nio has seen an epic renaissance, moving from a penny stock to an electric vehicle darling with a market capitalization of $62 billion. Given the growth of this segment in China as well as globally, the bull run in many global EV makers could still be in early stages. However, NIO stock’s price-book and price-sales ratios stand at 13.4 and 17.2, respectively.\nThis is a frothy valuation level for a company that sells around 50,000 vehicles  a year. By comparison,General Motors (NYSE:GM) has P/B and P/S ratios of 1.6 and 0.5. Therefore, it might still be too early to hit the “buy” button in Nio in April. The smart money is likely to wait longer before moving back into the shares.\nIt is also important to remember that most EV stocks move in tandem. As a new earnings season begins, quarterly metrics from other automakers will potentially affect Nio shares. For instance, a decline in the industry’s top names, especially in Tesla stock, could have an adverse effect on the Chinese group, too.\nIf you do not want to commit full capital to NIO stock, you might also consider ETFs that hold the EV maker as a stock. Examples include the First Trust NASDAQ Clean Edge Green Energy Index Fund(NASDAQ:QCLN), the Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV), the KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) or the SoFi 50 ETF (NYSEARCA:SFYF).","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369746096,"gmtCreate":1614078385715,"gmtModify":1704887770182,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Hmm hmm","listText":"Hmm hmm","text":"Hmm hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/369746096","repostId":"2113838312","repostType":4,"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374535152,"gmtCreate":1619454400076,"gmtModify":1704724221540,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Give me coinsssss","listText":"Give me coinsssss","text":"Give me coinsssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374535152","repostId":"1125777657","repostType":4,"repost":{"id":"1125777657","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619445274,"share":"https://ttm.financial/m/news/1125777657?lang=&edition=fundamental","pubTime":"2021-04-26 21:54","market":"us","language":"en","title":"Meituan ADR fell by 6.84%","url":"https://stock-news.laohu8.com/highlight/detail?id=1125777657","media":"Tiger Newspress","summary":"Meituan ADR fell by 6.84%. Today, the State Administration of Market Supervision filed an investigat","content":"<p>Meituan&nbsp;ADR fell by 6.84%. Today, the State Administration of Market Supervision filed an investigation into Meituan’s \"choice of two\" and other suspected monopolistic behaviors in accordance with the report.</p>\n<p><img src=\"https://static.tigerbbs.com/30036bb510caca429649b75e1910b891\" tg-width=\"1302\" tg-height=\"833\"></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>Meituan ADR fell by 6.84%</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\">\nMeituan ADR fell by 6.84%\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\">2021-04-26 21:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Meituan&nbsp;ADR fell by 6.84%. Today, the State Administration of Market Supervision filed an investigation into Meituan’s \"choice of two\" and other suspected monopolistic behaviors in accordance with the report.</p>\n<p><img src=\"https://static.tigerbbs.com/30036bb510caca429649b75e1910b891\" tg-width=\"1302\" tg-height=\"833\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MPNGY":"美团ADR"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125777657","content_text":"Meituan ADR fell by 6.84%. Today, the State Administration of Market Supervision filed an investigation into Meituan’s \"choice of two\" and other suspected monopolistic behaviors in accordance with the report.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374535045,"gmtCreate":1619454379787,"gmtModify":1704724221217,"author":{"id":"3573293723353711","authorId":"3573293723353711","name":"acciacci","avatar":"https://static.tigerbbs.com/94bbb8987174e5a3f205eb84324da3c3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573293723353711","authorIdStr":"3573293723353711"},"themes":[],"htmlText":"Maybe I have been commenting on wrong places","listText":"Maybe I have been commenting on wrong places","text":"Maybe I have been commenting on wrong places","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374535045","repostId":"1126815616","repostType":4,"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}