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2023-03-12

$Tiger Brokers(TIGR)$ Tiger Brokers is a global online brokerage firm that provides trading services for stocks, options, futures, and ETFs in multiple markets, including the US, Hong Kong, and China. The company was founded in 2014 and has since become one of the leading online brokers in China and the US. One of the key features of Tiger Brokers is its low trading fees. The company offers competitive commissions and low margin rates for traders, making it an attractive option for cost-conscious investors. Tiger Brokers also provides a user-friendly trading platform with advanced charting tools, real-time market data, and customizable alerts. The platform is available in multiple languages, including English, Chinese, and Spanish, and offer

2022-10-29

$Tiger Brokers(TIGR)$to the moon. Lets go sit rocket and fly. Lets go

2022-04-22

Not if its lewis ackerman

Netflix: Ackman Made An Error But You Can Gain

2021-05-11

Hedge funds ready to get rekt?

Hedge Fund Gross Leverage Hits All Time High As HFs Furiously Short Tech Stocks

2021-04-23

To the moon

Sorry, the original content has been removed

2021-04-23

Leave comment

4 Signs You're About to Invest in the Wrong Stock

2021-04-23

Ok dokie

ByteDance says it has no recent plans for public listing

2021-04-23

Ok dokie

Singapore Names Wong as New Finance Minister in Cabinet Shake-Up

2021-03-10

$Rocket Companies(RKT)$Still holding and still buying and i dun care.

2021-03-09

Ok

Sorry, the original content has been removed

2021-03-09

Nice

Bitcoin mania triggers fundraising rush by Chinese players

2021-03-04

$Rocket Companies(RKT)$Please sell me cheap. Thanks.

2021-03-03

$Rocket Companies(RKT)$Not selling. Buying more. I love rockets.

2021-03-02

$Rocket Companies(RKT)$Only $24?

2021-03-01

$Rocket Companies(RKT)$Not selling

2021-02-25

$Nokia Oyj(NOK)$Looks cheap. Much wow.Many happy.

2021-02-23

Ok

HSBC Flags Bigger Investments in Asia After Profit Beat

2021-02-23

More yes

Sorry, the original content has been removed

2021-02-23

Yes

Why Apple Will Hit A $3 Trillion Market Cap By The End Of 2021

2021-02-20

Commenta agains yeaaaaa

Baidu picks CEO for electric car firm, expects launch in 3 years

Go to Tiger App to see more news

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Lets go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9982005156","isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9085084197,"gmtCreate":1650619241117,"gmtModify":1676534764856,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Not if its lewis ackerman","listText":"Not if its lewis ackerman","text":"Not if its lewis ackerman","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085084197","repostId":"2229518442","repostType":2,"repost":{"id":"2229518442","pubTimestamp":1650618573,"share":"https://www.laohu8.com/m/news/2229518442?lang=&edition=full","pubTime":"2022-04-22 17:09","market":"us","language":"en","title":"Netflix: Ackman Made An Error But You Can Gain","url":"https://stock-news.laohu8.com/highlight/detail?id=2229518442","media":"seekingalpha","summary":"Hedge fund investor Bill Ackman has been forced into an embarrassing U-turn on a huge chunk of Netfl","content":"<html><head></head><body><p>Hedge fund investor Bill Ackman has been forced into an embarrassing U-turn on a huge chunk of Netflix (NASDAQ:NFLX) stock which he only bought in January. Around that time, I warned that the stock had further to fall and predicted that $250 was possible. In this article, I will discuss the next path for the stock.</p><h2>Bill Ackman&#39;s Market Timing On Netflix Was Poor</h2><p>On January 23rd, I published an article on Seeking Alpha after a sharp drop in Netflix stock. I summarized that the stock was seeing a bump in the road after lofty valuations and, although the company was not seeing a real crisis, could fall to $300, or even $250 if indices were pressured.</p><p>Three days after that article saw hedge fund investor Bill Ackman announce a huge investment in Netflix stock. Ackman bought over 3 million shares for his Pershing Square fund at a cost of around $12bn. He has now been forced to liquidate after the second leg down, which has cost his investors $440 million.</p><p>Ackman&#39;s market timing on Netflix was simply poor. The stock was coming back down to earth from an eye-watering valuation, which was accompanied by stuttering growth as I talked about in my January article. The writing was on the wall for Netflix long before its all-time high in November above the $700 level.</p><p>Although Ackman dropped the ball, it is an opportunity for investors to learn from a big hedge fund blunder.</p><h2>What You Can Learn From The Ackman Episode</h2><p>At the time of the investment Ackman said that, &#34;The opportunity to acquire Netflix at an attractive valuation emerged when investors reacted negatively to the recent quarter’s subscriber growth and management’s short-term guidance.&#34;</p><p>The reality is that the valuation was certainly more attractive than the November highs, but that didn&#39;t mean it was the end of the road for the Netflix correction. Ackman showed impatience by taking a huge chunk of stock at a time of market uncertainty. If he had bought 1 million shares, he could now be looking at a very attractive valuation and his fund wouldn&#39;t be reeling from a huge liquidation of the entire position.</p><p>I believe Ackman&#39;s mistake was also driven by emotional bias. &#34;We have greatly admired Netflix both as consumers and as investors, but have never previously owned a stake in the company,&#34; he said.</p><p>I believe that Ackman&#39;s desire to own Netflix stock overpowered his patience and he moved to take an immediate position that made his fund <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the top 20 investors. This looked great on paper in January but did he do much analysis on the potential downside?</p><p>For investors, it is another example of how a value investing approach, removing emotions and bias from the table can win out over the longer-term. Netflix is still a great company but it may be a long time before Pershing Square goes near it again.</p><p>Ackman said of the stock dump:</p><p>&#34;In response to continued disappointing customer subscriber growth, Netflix announced that it would modify its subscription-only model to be more aggressive in going after non-paying customers, and to incorporate advertising, an approach that management estimates would take “one to two years” to implement. While we believe these business model changes are sensible, it is extremely difficult to predict their impact on the company’s long-term subscriber growth, future revenues, operating margins, and capital intensity.&#34;</p><h2>What Is The Next Path For Netflix Stock?</h2><p>At the time of Ackman&#39;s investment, he shared many bullet points on the attractive opportunity presented by Netflix. Here are a few of those:</p><ul><li>its subscription-based, highly recurring revenues, which have enormous future growth potential</li><li>a truly best-in-class management team and unique high-performance culture</li><li>economies of scale and superb quality in its industry-leading content, which should continue to drive future growth and widen the company’s powerful competitive moat</li></ul><p>He added in the shareholder letter: &#34;With both UMG and Netflix, we are <i>all-in on streaming</i> as we love the business models, the industry contexts, and the management teams leading these remarkable organizations.</p><p>The emotions are running wild again here because the sharp losses on his initial investment have made the investor abandon a sector that he was very bullish on.</p><p>Has Netflix lost its &#39;highly recurring revenues&#39;? Has it lost its &#39;competitive moat&#39;? Has it lost its &#39;best in class&#39; management team?</p><p>The answer to all of those questions in no. I believe Netflix is NOW at an attractive valuation and it is up to investors to decide on the growth prospects for the company. The move to a more aggressive pricing policy is being driven by the pressures that were put on the company by Wall Street analysts&#39; projections. As the dust settles on this latest stock price collapse let us survey the current situation:</p><p>A global brand with highly recurring revenues. A world class management team with the experience to continue dominating the sector. A competitive moat that is one of the most impenetrable amongst US tech stocks.</p><p>Warren Buffet would be licking his lips and a famous value investor may even step forward to embarrass Ackman further.</p><p>Netflix now trades at a price-to-earnings ratio of 21x, which is in the ballpark for a stock market average. The company&#39;s price-to-sales is now 3.47x which is also very modest for a company with highly recurring revenues. The company has a strong return on equity at 35%. Q-on-Q sales were even 16% in the last quarter.</p><p>With gross margins of 46% and an operating margin of 20% there is work that can be done by management to slim down the company. The company&#39;s cash flow situation had been improving and this stock market collapse is maybe the shock that management needed to refocus on the balance sheet. The company has maybe hit a wall on subscriber growth but at these valuations it can mature as a company and then start to pursue strategies to return cash to shareholders.</p><p>I will end the article with a final excerpt from the Pershing Square letter released this week:</p><p>&#34;Based on management’s track record, we would not be surprised to see Netflix continue to be a highly successful company and an excellent investment from its current market value.&#34;</p><h2>Conclusion</h2><p>The Bill Ackman investment in Netflix is a great lesson for investors about market timing. Netflix is a great company with a competitive moat, strong management team and recurring revenues. These are some of the key attributes that a value investor looks for. By plunging into Netflix in January, the hedge fund investor ignored the potential downside on the stock which was trying to realign to aggressive Wall Street projections on customer growth and valuation. I warned back in January that Wall Street had misjudged the effects of the pandemic and the writing was on the wall for Netflix stock. Averaging into a value opportunity is often a good strategy and in buying 3 million shares in one tranche at a time of realignment, I believe Bill Ackman has missed out on exposure to a &#34;highly successful company and an excellent investment from its current market value.&#34;</p></body></html>","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>Netflix: Ackman Made An Error But You Can Gain</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: Ackman Made An Error But You Can Gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-22 17:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4502705-netflix-ackman-made-an-error-but-you-can-gain><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund investor Bill Ackman has been forced into an embarrassing U-turn on a huge chunk of Netflix (NASDAQ:NFLX) stock which he only bought in January. Around that time, I warned that the stock ...</p>\n\n<a href=\"https://seekingalpha.com/article/4502705-netflix-ackman-made-an-error-but-you-can-gain\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","QNETCN":"纳斯达克中美互联网老虎指数","BK4566":"资本集团","BK4532":"文艺复兴科技持仓","BK4548":"巴美列捷福持仓","NFLX":"奈飞","BK4524":"宅经济概念","BK4534":"瑞士信贷持仓","BK4108":"电影和娱乐","BK4551":"寇图资本持仓","BK4527":"明星科技股","BK4507":"流媒体概念"},"source_url":"https://seekingalpha.com/article/4502705-netflix-ackman-made-an-error-but-you-can-gain","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2229518442","content_text":"Hedge fund investor Bill Ackman has been forced into an embarrassing U-turn on a huge chunk of Netflix (NASDAQ:NFLX) stock which he only bought in January. Around that time, I warned that the stock had further to fall and predicted that $250 was possible. In this article, I will discuss the next path for the stock.Bill Ackman's Market Timing On Netflix Was PoorOn January 23rd, I published an article on Seeking Alpha after a sharp drop in Netflix stock. I summarized that the stock was seeing a bump in the road after lofty valuations and, although the company was not seeing a real crisis, could fall to $300, or even $250 if indices were pressured.Three days after that article saw hedge fund investor Bill Ackman announce a huge investment in Netflix stock. Ackman bought over 3 million shares for his Pershing Square fund at a cost of around $12bn. He has now been forced to liquidate after the second leg down, which has cost his investors $440 million.Ackman's market timing on Netflix was simply poor. The stock was coming back down to earth from an eye-watering valuation, which was accompanied by stuttering growth as I talked about in my January article. The writing was on the wall for Netflix long before its all-time high in November above the $700 level.Although Ackman dropped the ball, it is an opportunity for investors to learn from a big hedge fund blunder.What You Can Learn From The Ackman EpisodeAt the time of the investment Ackman said that, \"The opportunity to acquire Netflix at an attractive valuation emerged when investors reacted negatively to the recent quarter’s subscriber growth and management’s short-term guidance.\"The reality is that the valuation was certainly more attractive than the November highs, but that didn't mean it was the end of the road for the Netflix correction. Ackman showed impatience by taking a huge chunk of stock at a time of market uncertainty. If he had bought 1 million shares, he could now be looking at a very attractive valuation and his fund wouldn't be reeling from a huge liquidation of the entire position.I believe Ackman's mistake was also driven by emotional bias. \"We have greatly admired Netflix both as consumers and as investors, but have never previously owned a stake in the company,\" he said.I believe that Ackman's desire to own Netflix stock overpowered his patience and he moved to take an immediate position that made his fund one of the top 20 investors. This looked great on paper in January but did he do much analysis on the potential downside?For investors, it is another example of how a value investing approach, removing emotions and bias from the table can win out over the longer-term. Netflix is still a great company but it may be a long time before Pershing Square goes near it again.Ackman said of the stock dump:\"In response to continued disappointing customer subscriber growth, Netflix announced that it would modify its subscription-only model to be more aggressive in going after non-paying customers, and to incorporate advertising, an approach that management estimates would take “one to two years” to implement. While we believe these business model changes are sensible, it is extremely difficult to predict their impact on the company’s long-term subscriber growth, future revenues, operating margins, and capital intensity.\"What Is The Next Path For Netflix Stock?At the time of Ackman's investment, he shared many bullet points on the attractive opportunity presented by Netflix. Here are a few of those:its subscription-based, highly recurring revenues, which have enormous future growth potentiala truly best-in-class management team and unique high-performance cultureeconomies of scale and superb quality in its industry-leading content, which should continue to drive future growth and widen the company’s powerful competitive moatHe added in the shareholder letter: \"With both UMG and Netflix, we are all-in on streaming as we love the business models, the industry contexts, and the management teams leading these remarkable organizations.The emotions are running wild again here because the sharp losses on his initial investment have made the investor abandon a sector that he was very bullish on.Has Netflix lost its 'highly recurring revenues'? Has it lost its 'competitive moat'? Has it lost its 'best in class' management team?The answer to all of those questions in no. I believe Netflix is NOW at an attractive valuation and it is up to investors to decide on the growth prospects for the company. The move to a more aggressive pricing policy is being driven by the pressures that were put on the company by Wall Street analysts' projections. As the dust settles on this latest stock price collapse let us survey the current situation:A global brand with highly recurring revenues. A world class management team with the experience to continue dominating the sector. A competitive moat that is one of the most impenetrable amongst US tech stocks.Warren Buffet would be licking his lips and a famous value investor may even step forward to embarrass Ackman further.Netflix now trades at a price-to-earnings ratio of 21x, which is in the ballpark for a stock market average. The company's price-to-sales is now 3.47x which is also very modest for a company with highly recurring revenues. The company has a strong return on equity at 35%. Q-on-Q sales were even 16% in the last quarter.With gross margins of 46% and an operating margin of 20% there is work that can be done by management to slim down the company. The company's cash flow situation had been improving and this stock market collapse is maybe the shock that management needed to refocus on the balance sheet. The company has maybe hit a wall on subscriber growth but at these valuations it can mature as a company and then start to pursue strategies to return cash to shareholders.I will end the article with a final excerpt from the Pershing Square letter released this week:\"Based on management’s track record, we would not be surprised to see Netflix continue to be a highly successful company and an excellent investment from its current market value.\"ConclusionThe Bill Ackman investment in Netflix is a great lesson for investors about market timing. Netflix is a great company with a competitive moat, strong management team and recurring revenues. These are some of the key attributes that a value investor looks for. By plunging into Netflix in January, the hedge fund investor ignored the potential downside on the stock which was trying to realign to aggressive Wall Street projections on customer growth and valuation. I warned back in January that Wall Street had misjudged the effects of the pandemic and the writing was on the wall for Netflix stock. Averaging into a value opportunity is often a good strategy and in buying 3 million shares in one tranche at a time of realignment, I believe Bill Ackman has missed out on exposure to a \"highly successful company and an excellent investment from its current market value.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193040052,"gmtCreate":1620741713876,"gmtModify":1704347708140,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Hedge funds ready to&nbsp;get rekt?","listText":"Hedge funds ready to&nbsp;get rekt?","text":"Hedge funds ready to get rekt?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193040052","repostId":"1148549916","repostType":4,"repost":{"id":"1148549916","pubTimestamp":1620718159,"share":"https://www.laohu8.com/m/news/1148549916?lang=&edition=full","pubTime":"2021-05-11 15:29","market":"us","language":"en","title":"Hedge Fund Gross Leverage Hits All Time High As HFs Furiously Short Tech Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1148549916","media":"zerohedge","summary":"Hedge funds are currently Underweight Info Tech stocks by -1.4% vs. the MSCI World, the lowest level since last November and in the 3rd percentile vs. the past five years.","content":"<p>Hedge funds had another rough week according to Goldman's Prime Brokerage, with the GS Equity Fundamental L/S&nbsp; Performance Estimate falling -1.68% between 4/30 and 5/6 (vs MSCI World TR -0.33%), driven by alpha of -1.11% – the worst weekly alpha in two months – and to a lesser extent beta of -0.57% (from market exposure and the market sensitivity factor combined). As a result, global fundamental equity L/S hedge funds lost almost two-thirds of their YTD gains in just the past week, bringing their total YTD return to just 0.97% in what is setting up as another dismal year for the 2 and 20 crowd.</p><p><img src=\"https://static.tigerbbs.com/4c1d262955a001211ed92ecfceca5b3d\" tg-width=\"501\" tg-height=\"472\" referrerpolicy=\"no-referrer\"></p><p>What is remarkable is just how sensitive to overall market beta the hedge fund space has become, and there is a reason for that: according to Goldman Prime,<b>overall book Gross leverage rose +1.7 pts to 247.1%, the highest on record,</b>while Net leverage fell -0.9 pts to 88.2% (not quite an all time high, but still 87th percentile).</p><p><img src=\"https://static.tigerbbs.com/8e8665b4387577b4f2b41e5791e348b3\" tg-width=\"1087\" tg-height=\"487\" referrerpolicy=\"no-referrer\"></p><p>Looking at the composition of hedge fund purchases,<b>the overall GS Prime book was modestly net bought again in the past week</b>(+0.15 SDs), driven by risk-on flows as long buys outpaced short sales. Specifically, single Names were net bought while Macro Products (Index and ETF combined) were net sold. North America and to a lesser extent Europe were net bought driven by long buys, while DM Asia and EM Asia were net sold driven by short sales. 8 of 11 global sectors were net bought led in $ terms by Consumer Disc, Health Care, Staples and Real Estate, while Info Tech, Materials, and Financials were net sold.</p><p>Meanwhile, continuing the trend first observed last weekwhen we noted that hedge funds shorted tech sharesfor 9 of the previous 10 days, Goldman notes that<b>Info Tech saw the largest net selling in nine months as managers reduced exposure for a third straight week.</b>And in a surprise reversal to months of bullishness on IT, GS Prime points out that hedge funds are currently Underweight Info Tech stocks by -1.4% vs. the MSCI World,<b>the lowest level since last November and in the 3rd percentile vs. the past five years.</b></p><p>Some more details from the Goldman reports:</p><ul><li>Info Tech, the worst performing sector this week,<b>was also by far the most net sold sector on the GS Prime book driven by short sales outpacing long buys 7 to 1.</b></li><li>Info Tech stocks were net sold for a third straight week and saw the largest week/week $ net selling since last August (-1.6 SDs). Net trading flow diverged on a subsector level – Semis &amp; Semi Equip, Software, and Electronic Equip were the most net sold, while Comm Equip and IT Services were the most net bought.</li><li>Hedge funds are currently U/W Info Tech stocks by -1.4% vs. the MSCI World,<b>the lowest level since last November and in the 3rd percentile vs. the past five years.</b></li><li>From an industry group standpoint, hedge funds are still O/W Software &amp; Svcs by +4.7% (28th percentile) and U/W Semis &amp; Semi Equip and Tech Hardware by -1.6% (13th percentile) and -4.3% (18th percentile), respectively</li></ul><p><img src=\"https://static.tigerbbs.com/9fd6a23b77549f58ef41bd23b5de74c0\" tg-width=\"656\" tg-height=\"385\" referrerpolicy=\"no-referrer\">And while hedge funds shorted tech, the Goldman US Consumer Discretionary sector saw the largest net buying in three months driven by E-Commerce stocks. As a result, the GS Prime book is now O/W US Consumer Discretionary by +3.3% vs. the S&amp;P 500,<b>which is in the 9th percentile vs. the past year and in the 50th percentile vs. the past five years</b>.</p><ul><li>In $ terms, Consumer Discretionary was the most net bought US sector on the GS Prime book this week, driven by risk-on flows with long buys outpacing short sales 4 to 1.</li><li>The sector’s aggregate long/short ratio (MV) on the GS Prime book ended the week at 2.53, which is in the 2nd percentile vs. the past year and in the 77th percentile vs. the past five years. The GS Prime book is now O/W US Consumer Discretionary stocks by +3.3% vs. the S&amp;P 500, which is in the 9th percentile vs. the past year and in the 50th percentile vs. the past five years.</li></ul><p><img src=\"https://static.tigerbbs.com/f91bb2509f471f3239a9d3978a8a1581\" tg-width=\"656\" tg-height=\"383\" referrerpolicy=\"no-referrer\"></p><p></p>","source":"lsy1583725640930","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hedge Fund Gross Leverage Hits All Time High As HFs Furiously Short Tech Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHedge Fund Gross Leverage Hits All Time High As HFs Furiously Short Tech Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 15:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/hedge-fund-gross-leverage-hits-all-time-high-hfs-furiously-short-tech-stocks><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge funds had another rough week according to Goldman's Prime Brokerage, with the GS Equity Fundamental L/S  Performance Estimate falling -1.68% between 4/30 and 5/6 (vs MSCI World TR -0.33%), ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/hedge-fund-gross-leverage-hits-all-time-high-hfs-furiously-short-tech-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NDX":"纳斯达克100指数",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/hedge-fund-gross-leverage-hits-all-time-high-hfs-furiously-short-tech-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148549916","content_text":"Hedge funds had another rough week according to Goldman's Prime Brokerage, with the GS Equity Fundamental L/S  Performance Estimate falling -1.68% between 4/30 and 5/6 (vs MSCI World TR -0.33%), driven by alpha of -1.11% – the worst weekly alpha in two months – and to a lesser extent beta of -0.57% (from market exposure and the market sensitivity factor combined). As a result, global fundamental equity L/S hedge funds lost almost two-thirds of their YTD gains in just the past week, bringing their total YTD return to just 0.97% in what is setting up as another dismal year for the 2 and 20 crowd.What is remarkable is just how sensitive to overall market beta the hedge fund space has become, and there is a reason for that: according to Goldman Prime,overall book Gross leverage rose +1.7 pts to 247.1%, the highest on record,while Net leverage fell -0.9 pts to 88.2% (not quite an all time high, but still 87th percentile).Looking at the composition of hedge fund purchases,the overall GS Prime book was modestly net bought again in the past week(+0.15 SDs), driven by risk-on flows as long buys outpaced short sales. Specifically, single Names were net bought while Macro Products (Index and ETF combined) were net sold. North America and to a lesser extent Europe were net bought driven by long buys, while DM Asia and EM Asia were net sold driven by short sales. 8 of 11 global sectors were net bought led in $ terms by Consumer Disc, Health Care, Staples and Real Estate, while Info Tech, Materials, and Financials were net sold.Meanwhile, continuing the trend first observed last weekwhen we noted that hedge funds shorted tech sharesfor 9 of the previous 10 days, Goldman notes thatInfo Tech saw the largest net selling in nine months as managers reduced exposure for a third straight week.And in a surprise reversal to months of bullishness on IT, GS Prime points out that hedge funds are currently Underweight Info Tech stocks by -1.4% vs. the MSCI World,the lowest level since last November and in the 3rd percentile vs. the past five years.Some more details from the Goldman reports:Info Tech, the worst performing sector this week,was also by far the most net sold sector on the GS Prime book driven by short sales outpacing long buys 7 to 1.Info Tech stocks were net sold for a third straight week and saw the largest week/week $ net selling since last August (-1.6 SDs). Net trading flow diverged on a subsector level – Semis & Semi Equip, Software, and Electronic Equip were the most net sold, while Comm Equip and IT Services were the most net bought.Hedge funds are currently U/W Info Tech stocks by -1.4% vs. the MSCI World,the lowest level since last November and in the 3rd percentile vs. the past five years.From an industry group standpoint, hedge funds are still O/W Software & Svcs by +4.7% (28th percentile) and U/W Semis & Semi Equip and Tech Hardware by -1.6% (13th percentile) and -4.3% (18th percentile), respectivelyAnd while hedge funds shorted tech, the Goldman US Consumer Discretionary sector saw the largest net buying in three months driven by E-Commerce stocks. As a result, the GS Prime book is now O/W US Consumer Discretionary by +3.3% vs. the S&P 500,which is in the 9th percentile vs. the past year and in the 50th percentile vs. the past five years.In $ terms, Consumer Discretionary was the most net bought US sector on the GS Prime book this week, driven by risk-on flows with long buys outpacing short sales 4 to 1.The sector’s aggregate long/short ratio (MV) on the GS Prime book ended the week at 2.53, which is in the 2nd percentile vs. the past year and in the 77th percentile vs. the past five years. The GS Prime book is now O/W US Consumer Discretionary stocks by +3.3% vs. the S&P 500, which is in the 9th percentile vs. the past year and in the 50th percentile vs. the past five years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372178163,"gmtCreate":1619188260552,"gmtModify":1704721034318,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/372178163","repostId":"2129359569","repostType":4,"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582016604911088","authorId":"3582016604911088","name":"edelyu","avatar":"https://static.tigerbbs.com/092df2b4df4fa72903ef644a702141fe","crmLevel":2,"crmLevelSwitch":0},"content":"to the sun","text":"to the sun","html":"to the sun"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372171447,"gmtCreate":1619188232889,"gmtModify":1704721033982,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Leave comment","listText":"Leave comment","text":"Leave comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372171447","repostId":"2129359569","repostType":4,"repost":{"id":"2129359569","pubTimestamp":1619187404,"share":"https://www.laohu8.com/m/news/2129359569?lang=&edition=full","pubTime":"2021-04-23 22:16","market":"us","language":"en","title":"4 Signs You're About to Invest in the Wrong Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2129359569","media":"Motley Fool","summary":"Buying the wrong stocks could result in serious losses. Here's how to know when you're headed for disaster.","content":"<p>Your goal in buying stocks should be to assemble a diverse investment mix that leads to long-term wealth. But if you buy the wrong stocks, you'll only set yourself back on reaching your goals. With that in mind, here are a few warning signs that you may be about to invest in a stock that's not a good fit for you.</p>\n<h2>1. You haven't done your research</h2>\n<p>It's sometimes OK to buy a new gadget on a whim. But with stocks, not so much.</p>\n<p>Rather, it's important to research each stock you buy to make sure the company behind it is not only financially sound, but also that it has decent growth potential. If you jump on a stock without looking into it at all, you may end up regretting that decision.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ac797d9ed29804f7fea3e96212d91a6\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>2. You're following media hype</h2>\n<p>Meme stocks have been popular this year, but many of the companies behind them are rather speculative, which could translate into a poor investment for you. Rather than buy the stocks that everyone keeps talking about and the internet seems to be all over, aim to find solid companies with strong earnings and an established record of managing their cash well.</p>\n<h2>3. You're acting on emotion instead of logic</h2>\n<p>If you're a big fan of a certain company's product, you may be inclined to buy its stock. Investing in companies that have business models you understand is a good idea. But that's not the same thing as buying a stock simply because you like or use a specific product.</p>\n<p>While you can use your knowledge of a certain product as a starting point, you should also thoroughly research the company in question to make sure it does a good job of preserving cash flow and keeping debt to a manageable level, among other things.</p>\n<h2>4. You're focusing on price more than value</h2>\n<p>Many investors are drawn to inexpensive stocks -- including penny stocks -- because they feel that, by virtue of that low price point, they're getting a bargain. But a cheap stock doesn't imply that you're getting a good deal. In fact, think about electronics -- you may like the idea of buying a $300 laptop instead of spending $1,200, but chances are that a $300 purchase won't last nearly as long or offer nearly as much value.</p>\n<p>The same holds true for stocks. Though expensive stocks aren't automatically a good deal, stocks are often priced low for a reason. So rather than focus on price alone, you should aim to figure out what sort of value you're getting.</p>\n<p>Buying stocks isn't something you should do lightly. As such, make sure to approach your investments methodically. Establish an overall investing strategy and take the time to vet stocks individually to make sure they're a good fit for your portfolio. Going this route could spell the difference between accumulating a lot of wealth in your lifetime and losing money in the stock market -- in the near term, as well as the long run.</p>","source":"fool_stock","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>4 Signs You're About to Invest in the Wrong Stock</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\">\n4 Signs You're About to Invest in the Wrong Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 22:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/23/4-signs-youre-about-to-invest-in-the-wrong-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Your goal in buying stocks should be to assemble a diverse investment mix that leads to long-term wealth. But if you buy the wrong stocks, you'll only set yourself back on reaching your goals. With ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/23/4-signs-youre-about-to-invest-in-the-wrong-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2021/04/23/4-signs-youre-about-to-invest-in-the-wrong-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129359569","content_text":"Your goal in buying stocks should be to assemble a diverse investment mix that leads to long-term wealth. But if you buy the wrong stocks, you'll only set yourself back on reaching your goals. With that in mind, here are a few warning signs that you may be about to invest in a stock that's not a good fit for you.\n1. You haven't done your research\nIt's sometimes OK to buy a new gadget on a whim. But with stocks, not so much.\nRather, it's important to research each stock you buy to make sure the company behind it is not only financially sound, but also that it has decent growth potential. If you jump on a stock without looking into it at all, you may end up regretting that decision.\nImage source: Getty Images.\n2. You're following media hype\nMeme stocks have been popular this year, but many of the companies behind them are rather speculative, which could translate into a poor investment for you. Rather than buy the stocks that everyone keeps talking about and the internet seems to be all over, aim to find solid companies with strong earnings and an established record of managing their cash well.\n3. You're acting on emotion instead of logic\nIf you're a big fan of a certain company's product, you may be inclined to buy its stock. Investing in companies that have business models you understand is a good idea. But that's not the same thing as buying a stock simply because you like or use a specific product.\nWhile you can use your knowledge of a certain product as a starting point, you should also thoroughly research the company in question to make sure it does a good job of preserving cash flow and keeping debt to a manageable level, among other things.\n4. You're focusing on price more than value\nMany investors are drawn to inexpensive stocks -- including penny stocks -- because they feel that, by virtue of that low price point, they're getting a bargain. But a cheap stock doesn't imply that you're getting a good deal. In fact, think about electronics -- you may like the idea of buying a $300 laptop instead of spending $1,200, but chances are that a $300 purchase won't last nearly as long or offer nearly as much value.\nThe same holds true for stocks. Though expensive stocks aren't automatically a good deal, stocks are often priced low for a reason. So rather than focus on price alone, you should aim to figure out what sort of value you're getting.\nBuying stocks isn't something you should do lightly. As such, make sure to approach your investments methodically. Establish an overall investing strategy and take the time to vet stocks individually to make sure they're a good fit for your portfolio. Going this route could spell the difference between accumulating a lot of wealth in your lifetime and losing money in the stock market -- in the near term, as well as the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372173497,"gmtCreate":1619188203619,"gmtModify":1704721033015,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok dokie","listText":"Ok dokie","text":"Ok dokie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372173497","repostId":"1131579471","repostType":4,"repost":{"id":"1131579471","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":1619187935,"share":"https://www.laohu8.com/m/news/1131579471?lang=&edition=full","pubTime":"2021-04-23 22:25","market":"us","language":"en","title":"ByteDance says it has no recent plans for public listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1131579471","media":"Tiger Newspress","summary":"ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an","content":"<p>ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.</p><p>\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.</p><p>Recently, there are a lot of news about the company will be listed.</p><p>ByteDance last month hired former Xiaomi&nbsp;executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.</p><p>Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.</p><p>ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.</p><p>ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled&nbsp;revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.</p><p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a&nbsp;report&nbsp;in the South China Morning Post.</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>ByteDance says it has no recent plans for public listing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nByteDance says it has no recent plans for public listing\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\">2021-04-23 22:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.</p><p>\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.</p><p>Recently, there are a lot of news about the company will be listed.</p><p>ByteDance last month hired former Xiaomi&nbsp;executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.</p><p>Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.</p><p>ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.</p><p>ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled&nbsp;revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.</p><p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a&nbsp;report&nbsp;in the South China Morning Post.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01024":"快手-W","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131579471","content_text":"ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.Recently, there are a lot of news about the company will be listed.ByteDance last month hired former Xiaomi executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a report in the South China Morning Post.","news_type":1},"isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372179035,"gmtCreate":1619188134827,"gmtModify":1704721030386,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok dokie","listText":"Ok dokie","text":"Ok dokie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372179035","repostId":"1143062408","repostType":4,"repost":{"id":"1143062408","pubTimestamp":1619162341,"share":"https://www.laohu8.com/m/news/1143062408?lang=&edition=full","pubTime":"2021-04-23 15:19","market":"sg","language":"en","title":"Singapore Names Wong as New Finance Minister in Cabinet Shake-Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1143062408","media":"Bloomberg","summary":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his ","content":"<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.</p>\n<p>The appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.</p>\n<p>Since founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.</p>\n<p>Though no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the&nbsp;deputy prime minister role&nbsp;to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.</p>\n<p><b>Covid Leadership</b></p>\n<p>Wong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.</p>\n<p>“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.</p>\n<p>Known for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.</p>\n<p>Before his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.</p>\n<p>Wong began his career as a civil servant, later serving as chief executive of the&nbsp;Energy Market Authority&nbsp;and as principal private secretary to Lee.</p>\n<p>Here are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:</p>\n<ul>\n <li>Gan Kim Yong will be trade and industry minister</li>\n <li>S. Iswaran will be transport minister</li>\n <li>Chan Chun Sing will be education minister</li>\n <li>Ong Ye Kung will be health minister</li>\n <li>Josephine Teo will be communications and information minister, and continue as second minister for home affairs</li>\n <li>Tan See Leng will be manpower minister</li>\n</ul>","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>Singapore Names Wong as New Finance Minister in Cabinet Shake-Up</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\">\nSingapore Names Wong as New Finance Minister in Cabinet Shake-Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143062408","content_text":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.\nSince founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.\nThough no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the deputy prime minister role to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.\nCovid Leadership\nWong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.\n“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.\nKnown for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.\nBefore his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.\nWong began his career as a civil servant, later serving as chief executive of the Energy Market Authority and as principal private secretary to Lee.\nHere are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:\n\nGan Kim Yong will be trade and industry minister\nS. Iswaran will be transport minister\nChan Chun Sing will be education minister\nOng Ye Kung will be health minister\nJosephine Teo will be communications and information minister, and continue as second minister for home affairs\nTan See Leng will be manpower minister","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323133777,"gmtCreate":1615307954399,"gmtModify":1704781027139,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Still holding and still buying and i dun care.","listText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Still holding and still buying and i dun care.","text":"$Rocket Companies(RKT)$Still holding and still buying and i dun care.","images":[{"img":"https://static.tigerbbs.com/f9b5639fecb11a8deada8cd492e76518","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323133777","isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":329714545,"gmtCreate":1615280520687,"gmtModify":1704780502529,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329714545","repostId":"2117696928","repostType":4,"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329714177,"gmtCreate":1615280490299,"gmtModify":1704780501557,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329714177","repostId":"2118293611","repostType":4,"repost":{"id":"2118293611","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":1615278000,"share":"https://www.laohu8.com/m/news/2118293611?lang=&edition=full","pubTime":"2021-03-09 16:20","market":"fut","language":"en","title":"Bitcoin mania triggers fundraising rush by Chinese players","url":"https://stock-news.laohu8.com/highlight/detail?id=2118293611","media":"Reuters","summary":"SHANGHAI/HONG KONG, March 9 (Reuters) - Bitcoin mania has fuelled a surge in fundraising by Chinese ","content":"<p>SHANGHAI/HONG KONG, March 9 (Reuters) - Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.</p>\n<p>From large listed companies tapping public markets to smaller players raising funds from venture capitalists, a jump in cryptocurrency prices and signs of growing acceptance of the technology by mainstream institutions have fed the market boom.</p>\n<p>Chinese bitcoin mining machine manufacturer, Ebang International Holdings, which debuted on Nasdaq in June, conducted two fundraising rounds in February alone, raking in $170 million, even after a previous offering in November.</p>\n<p>Newcomer Code Chain New Continent Ltd, a Chinese waste recycling company, raised $25 million in February through a share placement to fund a foray into bitcoin mining.</p>\n<p>In private markets, \"competition is white hot and filled with sharp elbows,\" said Jehan Chu, managing partner at Hong Kong-based blockchain venture capital firm Kenetic Capital. \"Every good-quality funding round is oversubscribed within a week of it being announced.\"</p>\n<p>The market has flourished despite complicated official attitudes towards cryptocurrencies in China.</p>\n<p>Cryptocurrency exchanges are banned and mining frowned upon, but there is strong official support for developing blockchain technology, which underpins cryptocurrencies such as bitcoin, but is also key to new innovations in areas such as trade finance, supply chain management and anti-counterfeiting.</p>\n<p>This has contributed to the emergence of attractive crypto projects in China, say investors, although many companies still list and raise money overseas.</p>\n<p>Ebang plans to use its new capital to expand into cryptocurrency mining in its own right, to open cryptocurrency exchanges in Singapore and Canada, and to launch a Robinhood-style platform for bitcoin trading.</p>\n<p>\"Ebang's growth story is very attractive to institutional investors ... fundraising by all industry players is getting busier thanks to the bitcoin bull,\" said Guo Yi, COO at Univest Securities, which underwrote the deals, and has helped raise money for several other Chinese crypto players.</p>\n<p>Canaan Inc, another Nasdaq-listed Chinese maker of bitcoin mining machines, is also expanding into mining, where powerful computers are used to verify bitcoin transactions and compete for a bitcoin reward.</p>\n<p>Bitcoin, the world's largest cryptocurrency, has surged over 300% in value since the fourth quarter of last year.</p>\n<p>\"Bitcoin prices present us with a unique opportunity to establish mining operations,\" said David Feng, co-CEO of newcomer Code Chain, which has ordered 10,000 bitcoin mining machines.</p>\n<p><b>\"EUPHORIC ATMOSPHERE\"</b></p>\n<p>The Chinese rush comes as Coinbase, the biggest U.S. cryptocurrency exchange, filed last month for a Nasdaq listing. Regulatory approval would represent a landmark victory for cryptocurrency advocates seeking mainstream endorsement.</p>\n<p>\"Everyone can feel this euphoric atmosphere in the market, and Coinbase's listing would lift the mood further,\" said Jiang Changhao, co-founder and chief technology officer of Beijing-based Cobo a crypto custodian and wallet service provider.</p>\n<p>Cobo plans to launch a new round of venture capital funding this month to finance international expansion, aiming for tens of millions of dollars because, Jiang said, \"the market is bullish and our business is growing very, very rapidly.\"</p>\n<p>Kenetic Capital's Chu said official backing for blockchain, and the use of the technology in major initiatives by giants like Ping An and Ant Financial, were a factor in the number of high quality blockchain and crypto projects in China.</p>\n<p>But the recent price surge had \"poured napalm\" on to competition in the sector, he said.</p>\n<p>Still, the entry of some Chinese firms into the crypto space has raised investor eyebrows.</p>\n<p>Last month, short-sellers Hindenburg Research and Culper Research alleged Chinese blockchain firm SOS Ltd , had made false claims about its cryptocurrency business, allegations SOS said were \"distorted, misleading and unsubstantiated\".</p>\n<p>Guo of Univest Securities said the market has zero-tolerance toward cheating, but there's nothing improper about Chinese companies jumping on to the bitcoin bandwagon.</p>\n<p>\"If people don't point figure at (Tesla founder) Elon Musk for endorsing bitcoin, what's wrong with Chinese companies embracing it?\"</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>Bitcoin mania triggers fundraising rush by Chinese players</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\">\nBitcoin mania triggers fundraising rush by Chinese players\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-09 16:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI/HONG KONG, March 9 (Reuters) - Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.</p>\n<p>From large listed companies tapping public markets to smaller players raising funds from venture capitalists, a jump in cryptocurrency prices and signs of growing acceptance of the technology by mainstream institutions have fed the market boom.</p>\n<p>Chinese bitcoin mining machine manufacturer, Ebang International Holdings, which debuted on Nasdaq in June, conducted two fundraising rounds in February alone, raking in $170 million, even after a previous offering in November.</p>\n<p>Newcomer Code Chain New Continent Ltd, a Chinese waste recycling company, raised $25 million in February through a share placement to fund a foray into bitcoin mining.</p>\n<p>In private markets, \"competition is white hot and filled with sharp elbows,\" said Jehan Chu, managing partner at Hong Kong-based blockchain venture capital firm Kenetic Capital. \"Every good-quality funding round is oversubscribed within a week of it being announced.\"</p>\n<p>The market has flourished despite complicated official attitudes towards cryptocurrencies in China.</p>\n<p>Cryptocurrency exchanges are banned and mining frowned upon, but there is strong official support for developing blockchain technology, which underpins cryptocurrencies such as bitcoin, but is also key to new innovations in areas such as trade finance, supply chain management and anti-counterfeiting.</p>\n<p>This has contributed to the emergence of attractive crypto projects in China, say investors, although many companies still list and raise money overseas.</p>\n<p>Ebang plans to use its new capital to expand into cryptocurrency mining in its own right, to open cryptocurrency exchanges in Singapore and Canada, and to launch a Robinhood-style platform for bitcoin trading.</p>\n<p>\"Ebang's growth story is very attractive to institutional investors ... fundraising by all industry players is getting busier thanks to the bitcoin bull,\" said Guo Yi, COO at Univest Securities, which underwrote the deals, and has helped raise money for several other Chinese crypto players.</p>\n<p>Canaan Inc, another Nasdaq-listed Chinese maker of bitcoin mining machines, is also expanding into mining, where powerful computers are used to verify bitcoin transactions and compete for a bitcoin reward.</p>\n<p>Bitcoin, the world's largest cryptocurrency, has surged over 300% in value since the fourth quarter of last year.</p>\n<p>\"Bitcoin prices present us with a unique opportunity to establish mining operations,\" said David Feng, co-CEO of newcomer Code Chain, which has ordered 10,000 bitcoin mining machines.</p>\n<p><b>\"EUPHORIC ATMOSPHERE\"</b></p>\n<p>The Chinese rush comes as Coinbase, the biggest U.S. cryptocurrency exchange, filed last month for a Nasdaq listing. Regulatory approval would represent a landmark victory for cryptocurrency advocates seeking mainstream endorsement.</p>\n<p>\"Everyone can feel this euphoric atmosphere in the market, and Coinbase's listing would lift the mood further,\" said Jiang Changhao, co-founder and chief technology officer of Beijing-based Cobo a crypto custodian and wallet service provider.</p>\n<p>Cobo plans to launch a new round of venture capital funding this month to finance international expansion, aiming for tens of millions of dollars because, Jiang said, \"the market is bullish and our business is growing very, very rapidly.\"</p>\n<p>Kenetic Capital's Chu said official backing for blockchain, and the use of the technology in major initiatives by giants like Ping An and Ant Financial, were a factor in the number of high quality blockchain and crypto projects in China.</p>\n<p>But the recent price surge had \"poured napalm\" on to competition in the sector, he said.</p>\n<p>Still, the entry of some Chinese firms into the crypto space has raised investor eyebrows.</p>\n<p>Last month, short-sellers Hindenburg Research and Culper Research alleged Chinese blockchain firm SOS Ltd , had made false claims about its cryptocurrency business, allegations SOS said were \"distorted, misleading and unsubstantiated\".</p>\n<p>Guo of Univest Securities said the market has zero-tolerance toward cheating, but there's nothing improper about Chinese companies jumping on to the bitcoin bandwagon.</p>\n<p>\"If people don't point figure at (Tesla founder) Elon Musk for endorsing bitcoin, what's wrong with Chinese companies embracing it?\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技","EBON":"亿邦国际","GBTC":"Grayscale Bitcoin Trust","SOS":"SOS Limited"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118293611","content_text":"SHANGHAI/HONG KONG, March 9 (Reuters) - Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.\nFrom large listed companies tapping public markets to smaller players raising funds from venture capitalists, a jump in cryptocurrency prices and signs of growing acceptance of the technology by mainstream institutions have fed the market boom.\nChinese bitcoin mining machine manufacturer, Ebang International Holdings, which debuted on Nasdaq in June, conducted two fundraising rounds in February alone, raking in $170 million, even after a previous offering in November.\nNewcomer Code Chain New Continent Ltd, a Chinese waste recycling company, raised $25 million in February through a share placement to fund a foray into bitcoin mining.\nIn private markets, \"competition is white hot and filled with sharp elbows,\" said Jehan Chu, managing partner at Hong Kong-based blockchain venture capital firm Kenetic Capital. \"Every good-quality funding round is oversubscribed within a week of it being announced.\"\nThe market has flourished despite complicated official attitudes towards cryptocurrencies in China.\nCryptocurrency exchanges are banned and mining frowned upon, but there is strong official support for developing blockchain technology, which underpins cryptocurrencies such as bitcoin, but is also key to new innovations in areas such as trade finance, supply chain management and anti-counterfeiting.\nThis has contributed to the emergence of attractive crypto projects in China, say investors, although many companies still list and raise money overseas.\nEbang plans to use its new capital to expand into cryptocurrency mining in its own right, to open cryptocurrency exchanges in Singapore and Canada, and to launch a Robinhood-style platform for bitcoin trading.\n\"Ebang's growth story is very attractive to institutional investors ... fundraising by all industry players is getting busier thanks to the bitcoin bull,\" said Guo Yi, COO at Univest Securities, which underwrote the deals, and has helped raise money for several other Chinese crypto players.\nCanaan Inc, another Nasdaq-listed Chinese maker of bitcoin mining machines, is also expanding into mining, where powerful computers are used to verify bitcoin transactions and compete for a bitcoin reward.\nBitcoin, the world's largest cryptocurrency, has surged over 300% in value since the fourth quarter of last year.\n\"Bitcoin prices present us with a unique opportunity to establish mining operations,\" said David Feng, co-CEO of newcomer Code Chain, which has ordered 10,000 bitcoin mining machines.\n\"EUPHORIC ATMOSPHERE\"\nThe Chinese rush comes as Coinbase, the biggest U.S. cryptocurrency exchange, filed last month for a Nasdaq listing. Regulatory approval would represent a landmark victory for cryptocurrency advocates seeking mainstream endorsement.\n\"Everyone can feel this euphoric atmosphere in the market, and Coinbase's listing would lift the mood further,\" said Jiang Changhao, co-founder and chief technology officer of Beijing-based Cobo a crypto custodian and wallet service provider.\nCobo plans to launch a new round of venture capital funding this month to finance international expansion, aiming for tens of millions of dollars because, Jiang said, \"the market is bullish and our business is growing very, very rapidly.\"\nKenetic Capital's Chu said official backing for blockchain, and the use of the technology in major initiatives by giants like Ping An and Ant Financial, were a factor in the number of high quality blockchain and crypto projects in China.\nBut the recent price surge had \"poured napalm\" on to competition in the sector, he said.\nStill, the entry of some Chinese firms into the crypto space has raised investor eyebrows.\nLast month, short-sellers Hindenburg Research and Culper Research alleged Chinese blockchain firm SOS Ltd , had made false claims about its cryptocurrency business, allegations SOS said were \"distorted, misleading and unsubstantiated\".\nGuo of Univest Securities said the market has zero-tolerance toward cheating, but there's nothing improper about Chinese companies jumping on to the bitcoin bandwagon.\n\"If people don't point figure at (Tesla founder) Elon Musk for endorsing bitcoin, what's wrong with Chinese companies embracing it?\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364793870,"gmtCreate":1614872390790,"gmtModify":1704776437193,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Please sell me cheap. Thanks.","listText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Please sell me cheap. Thanks.","text":"$Rocket Companies(RKT)$Please sell me cheap. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364793870","isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365483532,"gmtCreate":1614770528226,"gmtModify":1704774994614,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Not selling. Buying more. I love rockets.","listText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Not selling. Buying more. I love rockets.","text":"$Rocket Companies(RKT)$Not selling. Buying more. I love rockets.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365483532","isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362603293,"gmtCreate":1614615993912,"gmtModify":1704773195290,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Only $24?","listText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Only $24?","text":"$Rocket Companies(RKT)$Only $24?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362603293","isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362815793,"gmtCreate":1614612059112,"gmtModify":1704773107991,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Not selling","listText":"<a href=\"https://laohu8.com/S/RKT\">$Rocket Companies(RKT)$</a>Not selling","text":"$Rocket Companies(RKT)$Not selling","images":[{"img":"https://static.tigerbbs.com/001a300cbe40a696469aeb7569493731","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362815793","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":361913735,"gmtCreate":1614184321327,"gmtModify":1704889331318,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NOK\">$Nokia Oyj(NOK)$</a>Looks cheap. Much wow.Many happy.","listText":"<a href=\"https://laohu8.com/S/NOK\">$Nokia Oyj(NOK)$</a>Looks cheap. Much wow.Many happy.","text":"$Nokia Oyj(NOK)$Looks cheap. Much wow.Many happy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361913735","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369512345,"gmtCreate":1614057960887,"gmtModify":1704887436887,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/369512345","repostId":"2113867503","repostType":4,"repost":{"id":"2113867503","pubTimestamp":1614054965,"share":"https://www.laohu8.com/m/news/2113867503?lang=&edition=full","pubTime":"2021-02-23 12:36","market":"us","language":"en","title":"HSBC Flags Bigger Investments in Asia After Profit Beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2113867503","media":"Bloomberg","summary":"Lender to resume paying dividend after U.K. relaxed banHSBC is pivoting to Asia in a bid to boost pr","content":"<ul><li>Lender to resume paying dividend after U.K. relaxed ban</li><li>HSBC is pivoting to Asia in a bid to boost profitability</li></ul><p>HSBC Holdings Plc’s earnings beat estimates in the fourth quarter as the lender kept costs in check and signaled bigger investments to drive its pivot to faster-growing Asian markets.</p><p>Weighed down by loan losses, adjusted pretax profit slid 50% to $2.2 billion in the period, compared with a $1.80 billion estimate, the London-based bank said Tuesday. HSBC will resume paying a dividend of $0.15 after British regulators relaxed a ban intended to preserve capital last year after the virus outbreak.</p><p>HSBC rose 4.6% to HK$48.65 as of 1:02 p.m. in Hong Kong.</p><p>Chief Executive Officer Noel Quinn said in a statement that the bank had a “solid financial performance in the context of the pandemic – particularly in Asia,” which lays “firm foundations for our future growth.”</p><p>Sticking to cost cutting plans that will reduce its workforce by about 35,000, HSBC is pushing through one of the banking industry’s most radical responses to the pandemic. Europe’s largest bank is shifting billions of dollars to beef up operations across Asia, seeking to become a market leader in wealth management by targeting a rapidly expanding affluent population in the region.</p><p>The bank on Tuesday outlined plans to invest about $6 billion in Asia, targeting wealth, commercial banking and markets to drive “double-digit growth in profit.” It singled out markets in southeast Asia such as Singapore, as well as China and Hong Kong.</p><p><img src=\"https://static.tigerbbs.com/769bb532750ad5688b27f852779bd3ec\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p><p>Expected credit losses last year hit $8.8 billion, as expected at the low end of a previously announced range of $8 billion to $13 billion. It now expects them to be materially lower this year.</p><p>The bank stuck to a target of getting its cost base down to $31 billion or less in 2022 as well as a $100 billion reduction in gross risk-weighted assets. It doesn’t expect to reach a return on average tangible equity target of between 10% and 12% in 2022, but will now target a return of 10% or above in the medium term.</p><p>The bank divulged little news on its plans for Europe and the U.S.</p><p>HSBC said it’s in talks on selling its French retail bank and is likely to post a loss on any divestment. It’s exploring “strategic options” for its U.S. retail franchise and wants to focus on high-net worth clients. HSBC has one of the largest U.S. businesses of any non-American bank, partly a result of its ill-fated acquisition of Household International in 2003, the subprime lender that ended up costing the company billions of dollars in writedowns.</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>HSBC Flags Bigger Investments in Asia After Profit Beat</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\">\nHSBC Flags Bigger Investments in Asia After Profit Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 12:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-02-23/hsbc-profit-beats-estimates-as-turnaround-plan-remains-intact?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lender to resume paying dividend after U.K. relaxed banHSBC is pivoting to Asia in a bid to boost profitabilityHSBC Holdings Plc’s earnings beat estimates in the fourth quarter as the lender kept ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-02-23/hsbc-profit-beats-estimates-as-turnaround-plan-remains-intact?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSBA.UK":"汇丰控股有限公司","00005":"汇丰控股","HSBC":"汇丰"},"source_url":"http://bloomberg.com/news/articles/2021-02-23/hsbc-profit-beats-estimates-as-turnaround-plan-remains-intact?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2113867503","content_text":"Lender to resume paying dividend after U.K. relaxed banHSBC is pivoting to Asia in a bid to boost profitabilityHSBC Holdings Plc’s earnings beat estimates in the fourth quarter as the lender kept costs in check and signaled bigger investments to drive its pivot to faster-growing Asian markets.Weighed down by loan losses, adjusted pretax profit slid 50% to $2.2 billion in the period, compared with a $1.80 billion estimate, the London-based bank said Tuesday. HSBC will resume paying a dividend of $0.15 after British regulators relaxed a ban intended to preserve capital last year after the virus outbreak.HSBC rose 4.6% to HK$48.65 as of 1:02 p.m. in Hong Kong.Chief Executive Officer Noel Quinn said in a statement that the bank had a “solid financial performance in the context of the pandemic – particularly in Asia,” which lays “firm foundations for our future growth.”Sticking to cost cutting plans that will reduce its workforce by about 35,000, HSBC is pushing through one of the banking industry’s most radical responses to the pandemic. Europe’s largest bank is shifting billions of dollars to beef up operations across Asia, seeking to become a market leader in wealth management by targeting a rapidly expanding affluent population in the region.The bank on Tuesday outlined plans to invest about $6 billion in Asia, targeting wealth, commercial banking and markets to drive “double-digit growth in profit.” It singled out markets in southeast Asia such as Singapore, as well as China and Hong Kong.Expected credit losses last year hit $8.8 billion, as expected at the low end of a previously announced range of $8 billion to $13 billion. It now expects them to be materially lower this year.The bank stuck to a target of getting its cost base down to $31 billion or less in 2022 as well as a $100 billion reduction in gross risk-weighted assets. It doesn’t expect to reach a return on average tangible equity target of between 10% and 12% in 2022, but will now target a return of 10% or above in the medium term.The bank divulged little news on its plans for Europe and the U.S.HSBC said it’s in talks on selling its French retail bank and is likely to post a loss on any divestment. It’s exploring “strategic options” for its U.S. retail franchise and wants to focus on high-net worth clients. HSBC has one of the largest U.S. businesses of any non-American bank, partly a result of its ill-fated acquisition of Household International in 2003, the subprime lender that ended up costing the company billions of dollars in writedowns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369512042,"gmtCreate":1614057924086,"gmtModify":1704887435911,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"More yes","listText":"More yes","text":"More yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/369512042","repostId":"2113280449","repostType":4,"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369516722,"gmtCreate":1614057914566,"gmtModify":1704887435426,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369516722","repostId":"2113280449","repostType":4,"repost":{"id":"2113280449","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":1614056619,"share":"https://www.laohu8.com/m/news/2113280449?lang=&edition=full","pubTime":"2021-02-23 13:03","market":"us","language":"en","title":"Why Apple Will Hit A $3 Trillion Market Cap By The End Of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2113280449","media":"Benzinga","summary":"Apple Inc shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.The Apple Analyst:Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.With about 350 million of the 950 million","content":"<p><b>Apple Inc</b>&nbsp;shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.</p>\n<p><b>The Apple Analyst:</b>Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.</p>\n<p><b>The Apple Thesis:</b>After Apple'sjaw-dropping performancein the December quarter that was reported in late January, the shares of the company have taken a breather,&nbsp;Ives said. The weakness, the analyst said, is a short-term blip on the stock's upward trajectory.</p>\n<p>The positive view is premised on Wedbush's Asia supply chain checks, which point to robust strength in the iPhone 12 supercycle into the rest of 2021.</p>\n<p>\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.</p>\n<p>Based on the current trajectory and in a bull-case scenario, Apple has the potential to sell more than&nbsp;240 million units of iPhones in the fiscal year 2021, the analyst estimates. This is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in the fiscal year 2015.</p>\n<p>With about 350 million of the 950 million iPhones worldwide currently in the window of an upgrade cycle, Ives thinks this will translate to an unprecedented upgrade cycle for Apple.</p>\n<p>ASPs are also shifting higher due to product mix shifting toward the more expensive iPhone Pro, boding well for top-line numbers, heading into the March and June quarters.</p>\n<p>Apple's EV endeavor, according to the firm, is the right strategic move at the right time.</p>\n<p>\"If Apple gets just 5%-10% of share this could represent another major growth pillar within Cupertino and add $30+ per share to Apple's SOTP valuation,\" the firm said.</p>\n<p><b>AAPL Price Target:</b>Apple shares were retreating 2.4% to $126.64 Monday, after having lost about 2% year-to-date.</p>\n<p><img src=\"https://static.tigerbbs.com/8fac62e6983a02890a83935175f6060c\" tg-width=\"1043\" tg-height=\"243\" 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>Why Apple Will Hit A $3 Trillion Market Cap By The End Of 2021</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 Apple Will Hit A $3 Trillion Market Cap By The End Of 2021\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 13:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple Inc</b>&nbsp;shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.</p>\n<p><b>The Apple Analyst:</b>Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.</p>\n<p><b>The Apple Thesis:</b>After Apple'sjaw-dropping performancein the December quarter that was reported in late January, the shares of the company have taken a breather,&nbsp;Ives said. The weakness, the analyst said, is a short-term blip on the stock's upward trajectory.</p>\n<p>The positive view is premised on Wedbush's Asia supply chain checks, which point to robust strength in the iPhone 12 supercycle into the rest of 2021.</p>\n<p>\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.</p>\n<p>Based on the current trajectory and in a bull-case scenario, Apple has the potential to sell more than&nbsp;240 million units of iPhones in the fiscal year 2021, the analyst estimates. This is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in the fiscal year 2015.</p>\n<p>With about 350 million of the 950 million iPhones worldwide currently in the window of an upgrade cycle, Ives thinks this will translate to an unprecedented upgrade cycle for Apple.</p>\n<p>ASPs are also shifting higher due to product mix shifting toward the more expensive iPhone Pro, boding well for top-line numbers, heading into the March and June quarters.</p>\n<p>Apple's EV endeavor, according to the firm, is the right strategic move at the right time.</p>\n<p>\"If Apple gets just 5%-10% of share this could represent another major growth pillar within Cupertino and add $30+ per share to Apple's SOTP valuation,\" the firm said.</p>\n<p><b>AAPL Price Target:</b>Apple shares were retreating 2.4% to $126.64 Monday, after having lost about 2% year-to-date.</p>\n<p><img src=\"https://static.tigerbbs.com/8fac62e6983a02890a83935175f6060c\" tg-width=\"1043\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2113280449","content_text":"Apple Inc shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.\nThe Apple Analyst:Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.\nThe Apple Thesis:After Apple'sjaw-dropping performancein the December quarter that was reported in late January, the shares of the company have taken a breather, Ives said. The weakness, the analyst said, is a short-term blip on the stock's upward trajectory.\nThe positive view is premised on Wedbush's Asia supply chain checks, which point to robust strength in the iPhone 12 supercycle into the rest of 2021.\n\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.\nBased on the current trajectory and in a bull-case scenario, Apple has the potential to sell more than 240 million units of iPhones in the fiscal year 2021, the analyst estimates. This is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in the fiscal year 2015.\nWith about 350 million of the 950 million iPhones worldwide currently in the window of an upgrade cycle, Ives thinks this will translate to an unprecedented upgrade cycle for Apple.\nASPs are also shifting higher due to product mix shifting toward the more expensive iPhone Pro, boding well for top-line numbers, heading into the March and June quarters.\nApple's EV endeavor, according to the firm, is the right strategic move at the right time.\n\"If Apple gets just 5%-10% of share this could represent another major growth pillar within Cupertino and add $30+ per share to Apple's SOTP valuation,\" the firm said.\nAAPL Price Target:Apple shares were retreating 2.4% to $126.64 Monday, after having lost about 2% year-to-date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387539406,"gmtCreate":1613753160605,"gmtModify":1704884712794,"author":{"id":"3573476401813989","authorId":"3573476401813989","name":"阳光宝宝","avatar":"https://static.tigerbbs.com/8a6dbf508669a6888c14037d222d1a4e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Commenta agains yeaaaaa","listText":"Commenta agains yeaaaaa","text":"Commenta agains yeaaaaa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387539406","repostId":"1151559124","repostType":4,"repost":{"id":"1151559124","pubTimestamp":1613719406,"share":"https://www.laohu8.com/m/news/1151559124?lang=&edition=full","pubTime":"2021-02-19 15:23","market":"us","language":"en","title":"Baidu picks CEO for electric car firm, expects launch in 3 years","url":"https://stock-news.laohu8.com/highlight/detail?id=1151559124","media":"Seeking Alpha","summary":"Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car ","content":"<p>Baidu&nbsp;has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-<i>CNBC</i>.</p>\n<p>Xia Yiping, co-founder of Mobike, will be the CEO of the new entity, according to anonymous source.</p>\n<p>Xia previously worked at Fiat Chrysler and Ford before he co-founded Mobike, which was eventually acquired by Meituan in 2018.</p>\n<p>Last month, Baidu and Geelyjoined forces to create intelligent EV company.</p>\n<p>Baidu’s push into electric vehicles is an attempt to diversify its business beyond just advertising.</p>\n<p>Recently, Baidu reported anothersolid quarter in Q4, with Core revenue reaching RMB 23.1B ($3.5B), which is up 6% Y/Y and up 8% Q/Q, with latter much higher than flattish or low single-digit growth from Q3.</p>\n<p>Non-advertising revenue was up 52%, reaching 18% of Baidu core revenue, driven by the convergence of AI solutions, cloud services and consumer Internet.</p>\n<p>On the earnings call, Robin Li revealed that Baidu’s electric car firm hopes to launch its first vehicle within three years.</p>\n<p>\"Right now, the venture is progressing very well. We have a CEO on board, and we have decided on the brand of the new vehicle,\"said Li in Q4 earnings call.</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>Baidu picks CEO for electric car firm, expects launch in 3 years</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\">\nBaidu picks CEO for electric car firm, expects launch in 3 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 15:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-CNBC.\nXia Yiping, co-founder of Mobike, will be the...</p>\n\n<a href=\"https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"source_url":"https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151559124","content_text":"Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-CNBC.\nXia Yiping, co-founder of Mobike, will be the CEO of the new entity, according to anonymous source.\nXia previously worked at Fiat Chrysler and Ford before he co-founded Mobike, which was eventually acquired by Meituan in 2018.\nLast month, Baidu and Geelyjoined forces to create intelligent EV company.\nBaidu’s push into electric vehicles is an attempt to diversify its business beyond just advertising.\nRecently, Baidu reported anothersolid quarter in Q4, with Core revenue reaching RMB 23.1B ($3.5B), which is up 6% Y/Y and up 8% Q/Q, with latter much higher than flattish or low single-digit growth from Q3.\nNon-advertising revenue was up 52%, reaching 18% of Baidu core revenue, driven by the convergence of AI solutions, cloud services and consumer Internet.\nOn the earnings call, Robin Li revealed that Baidu’s electric car firm hopes to launch its first vehicle within three years.\n\"Right now, the venture is progressing very well. We have a CEO on board, and we have decided on the brand of the new vehicle,\"said Li in Q4 earnings call.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}