sofluffy personal page - To The Moon

sofluffy

sofluffy

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2022-08-24

$Invesco QQQ Trust(QQQ)$

2022-04-12

Lets go!!

2022-03-25

$Tesla Motors(TSLA)$yes it will

2022-01-25

$GameStop(GME)$this stock is over.

2021-05-22

$Recon Capital NASDAQ 100 Covered Call ETF(QYLD)$Just wanna ask all that purchase this etf, your montly dividend is it taxed 30%? Is it still worth it then?

2021-03-10

Nice

Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months

2021-02-18

Nice

Singapore Exchange hopes to list SPACs as early as this year

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href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust(QQQ)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust(QQQ)$</a><v-v data-views=\"0\"></v-v>","text":"$Invesco QQQ Trust(QQQ)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992102724","isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017344645,"gmtCreate":1649751180742,"gmtModify":1676534564398,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"Lets go!!","listText":"Lets go!!","text":"Lets go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017344645","isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010027828,"gmtCreate":1648214147965,"gmtModify":1676534317689,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>yes it will","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>yes it will","text":"$Tesla Motors(TSLA)$yes it will","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010027828","isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090044646,"gmtCreate":1643046166497,"gmtModify":1676533768328,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a>this stock is over.&nbsp;","listText":"<a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a>this stock is over.&nbsp;","text":"$GameStop(GME)$this stock is over.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090044646","isVote":1,"tweetType":1,"viewCount":977,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"cocogoat","avatar":"https://static.tigerbbs.com/7a6abbaa6464f401dda94bc10ec732ff","crmLevel":1,"crmLevelSwitch":0,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"content":"Ur mommy life is over","text":"Ur mommy life is over","html":"Ur mommy life is over"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139770375,"gmtCreate":1621662963997,"gmtModify":1704361228916,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/QYLD\">$Recon Capital NASDAQ 100 Covered Call ETF(QYLD)$</a>Just wanna ask all that purchase this etf, your montly dividend is it taxed 30%? Is it still worth it then?","listText":"<a href=\"https://laohu8.com/S/QYLD\">$Recon Capital NASDAQ 100 Covered Call ETF(QYLD)$</a>Just wanna ask all that purchase this etf, your montly dividend is it taxed 30%? Is it still worth it then?","text":"$Recon Capital NASDAQ 100 Covered Call ETF(QYLD)$Just wanna ask all that purchase this etf, your montly dividend is it taxed 30%? Is it still worth it then?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/139770375","isVote":1,"tweetType":1,"viewCount":1151,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575548858399731","authorId":"3575548858399731","name":"mad276","avatar":"https://static.tigerbbs.com/1a9a58ce8db8a0e8a73026ea18b28fcc","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575548858399731","authorIdStr":"3575548858399731"},"content":"for me, yes certainly! after 30% tax, the yield will be about 7-8% *monthly in USD*","text":"for me, yes certainly! after 30% tax, the yield will be about 7-8% *monthly in USD*","html":"for me, yes certainly! after 30% tax, the yield will be about 7-8% *monthly in USD*"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323699916,"gmtCreate":1615335863635,"gmtModify":1704781267156,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"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/323699916","repostId":"1118673419","repostType":4,"repost":{"id":"1118673419","pubTimestamp":1615334943,"share":"https://ttm.financial/m/news/1118673419?lang=&edition=fundamental","pubTime":"2021-03-10 08:09","market":"us","language":"en","title":"Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months","url":"https://stock-news.laohu8.com/highlight/detail?id=1118673419","media":"cnbc","summary":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the ","content":"<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months</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\">\nTech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1118673419","content_text":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since November.Teslasoared 19.6% after a five-day losing streak and posted its biggest one-day pop since February 2020.AppleandFacebookjumped more than 4% each, while Microsoft and Netflix both gained at least 2.5%. Amazon rose 3.8%. The tech-heavy benchmark rallied as much as 4.3% during the session.\nThe S&P 500 advanced 1.4% to 3,875.44. The Dow Jones Industrial Average closed the day near its session low, rising just 30.30 points, or 0.1%, to 31,832.74. At its session high, the blue-chip benchmark jumped more than 300 points to touch an intraday record high.\nTechnology shares rebounded from steep losses as bond yields stabilized. The10-year Treasury yieldfell more than 5 basis points to 1.54%. The benchmark rate traded as high as 1.62% on Monday.\n“After lagging badly for the last few weeks, growth/momentum stocks are exploding higher as investors grow a bit more comfortable around rates and step in to buy this erstwhile most-loved sector,” Adam Crisafulli, founder of Vital Knowledge, said in a note.\nThe Nasdaq shed 2.4% in the previous session to close more than 10% below its Feb.12 high and falling into correction territory. High-growth names have been pressured lately as rising rates make their future profits less valuable today, making it hard to justify the stocks’ lofty valuations.\nMany popular technology stocks have fallen double digits over the past month amid rate fears. Even with Tuesday’s rally, Apple dropped more than 10% in the past month, while Tesla tumbled 20%. Pandemic betsZoom VideoandPelotonfell 20% and 36%, respectively, during the same period.\n“A lot of these tech stocks have become oversold on a short-term basis. Therefore, it’s not a big surprise that they’re seeing a nice bounce,” said Matt Maley, chief market strategist at Miller Tabak. “The question will be whether this bounce is a strong one...or a ‘dead cat bounce’ that doesn’t last very long at all.”\nWidely followed investor Cathie Wood of Ark Investment Management told CNBC on Monday that the recent tech sell-off created “great opportunities” for her to buy the pure play names in her funds, which are concentrated in disruptive technology stocks.\nWood’s flagship fundArk Innovation (ARKK)popped 10% Tuesdayfor its best day ever.\nMeanwhile, the rally in reopening plays and cyclical stocks took a breather on Tuesday. Energy was the biggest loser with a 1.9% decline, paring its March gains to about 8%. Financials and industrials also underperformed Tuesday.\nSenate approval of the$1.9 trillion economic relief and stimulus billhad prompted investors to continue to rotate into these areas of the market to bet on an economic rebound. House Democrats aim to pass the bill on Wednesday so President Joe Biden can sign it by the weekend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384257698,"gmtCreate":1613658679714,"gmtModify":1704883326070,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/384257698","repostId":"1102078157","repostType":4,"repost":{"id":"1102078157","pubTimestamp":1613643052,"share":"https://ttm.financial/m/news/1102078157?lang=&edition=fundamental","pubTime":"2021-02-18 18:10","market":"sg","language":"en","title":"Singapore Exchange hopes to list SPACs as early as this year","url":"https://stock-news.laohu8.com/highlight/detail?id=1102078157","media":"Bloomberg","summary":"[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enoug","content":"<p>[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies&nbsp;this year if it gets enough support from the industry.</p><p>An impending marketconsultation on special purpose acquisition companies&nbsp;(SPAC)this quarter could take some time to get feedback, chief executive officer (CEO) Loh Boon Chye said in an interview Wednesday.</p><p>\"If the market is supportive, we hope to be able to do that sometime this year.\"</p><p>SPACs became a buzzword last year, sprouting by the dozen as the rich and famous - from hedge fund billionaire Bill Ackman to former US Speaker of the House Paul Ryan - and private equity firms rushed to set up new ones.</p><p>SPACs are increasingly seen as an appealing alternative route to public markets because the process avoids the risk and uncertainty of an initial public offering, though they've also been criticised for their structure, where managers - the founders - collect fees as an incentive to find a target and complete a deal. Many blank-cheque companies have turned to Asia to seek takeover targets.</p><p>The concept isn't new to the Singapore exchange. It had initiated a consultation on SPAC listings in 2010 - but there wasn't enough appetite among businesses and investors back then.</p><p>\"The world has changed, capital markets have evolved since then,\" said Mr Loh, who took over as CEO in 2015 after a long career in banking. He added that lower-for-longer interest rates, shorter business cycles, volatile markets and stimulus measures are heightening the need for and the ability to seek capital. SPACs could facilitate that while minimising market risk exposure by providing another avenue for investment, he said.</p><p>SPACs could be a way to revive investor interest in Singapore's stock market. The bourse has struggled to attract big-ticket IPOs over the past few years particularly in hot sectors such as technology. While the market volatility of 2020 was a boon, the value of shares traded remained below its five-year average.</p><p>SGX expects stock market listings this year in various sectors including technology, he said, as it awaits the mega IPO of Thai Beverage's brewery unit. The amount raised in first-time share sales in the city-state slumped to US$914 million last year from US$3.4 billion in 2017, according to data compiled by Bloomberg.</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>Singapore Exchange hopes to list SPACs as early as this year</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 Exchange hopes to list SPACs as early as this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-18 18:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enough support from the industry.An impending marketconsultation on special purpose acquisition companies...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year\">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.businesstimes.com.sg/companies-markets/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102078157","content_text":"[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enough support from the industry.An impending marketconsultation on special purpose acquisition companies (SPAC)this quarter could take some time to get feedback, chief executive officer (CEO) Loh Boon Chye said in an interview Wednesday.\"If the market is supportive, we hope to be able to do that sometime this year.\"SPACs became a buzzword last year, sprouting by the dozen as the rich and famous - from hedge fund billionaire Bill Ackman to former US Speaker of the House Paul Ryan - and private equity firms rushed to set up new ones.SPACs are increasingly seen as an appealing alternative route to public markets because the process avoids the risk and uncertainty of an initial public offering, though they've also been criticised for their structure, where managers - the founders - collect fees as an incentive to find a target and complete a deal. Many blank-cheque companies have turned to Asia to seek takeover targets.The concept isn't new to the Singapore exchange. It had initiated a consultation on SPAC listings in 2010 - but there wasn't enough appetite among businesses and investors back then.\"The world has changed, capital markets have evolved since then,\" said Mr Loh, who took over as CEO in 2015 after a long career in banking. He added that lower-for-longer interest rates, shorter business cycles, volatile markets and stimulus measures are heightening the need for and the ability to seek capital. SPACs could facilitate that while minimising market risk exposure by providing another avenue for investment, he said.SPACs could be a way to revive investor interest in Singapore's stock market. The bourse has struggled to attract big-ticket IPOs over the past few years particularly in hot sectors such as technology. While the market volatility of 2020 was a boon, the value of shares traded remained below its five-year average.SGX expects stock market listings this year in various sectors including technology, he said, as it awaits the mega IPO of Thai Beverage's brewery unit. The amount raised in first-time share sales in the city-state slumped to US$914 million last year from US$3.4 billion in 2017, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":139770375,"gmtCreate":1621662963997,"gmtModify":1704361228916,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/QYLD\">$Recon Capital NASDAQ 100 Covered Call ETF(QYLD)$</a>Just wanna ask all that purchase this etf, your montly dividend is it taxed 30%? Is it still worth it then?","listText":"<a href=\"https://laohu8.com/S/QYLD\">$Recon Capital NASDAQ 100 Covered Call ETF(QYLD)$</a>Just wanna ask all that purchase this etf, your montly dividend is it taxed 30%? Is it still worth it then?","text":"$Recon Capital NASDAQ 100 Covered Call ETF(QYLD)$Just wanna ask all that purchase this etf, your montly dividend is it taxed 30%? Is it still worth it then?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/139770375","isVote":1,"tweetType":1,"viewCount":1151,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575548858399731","authorId":"3575548858399731","name":"mad276","avatar":"https://static.tigerbbs.com/1a9a58ce8db8a0e8a73026ea18b28fcc","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575548858399731","authorIdStr":"3575548858399731"},"content":"for me, yes certainly! after 30% tax, the yield will be about 7-8% *monthly in USD*","text":"for me, yes certainly! after 30% tax, the yield will be about 7-8% *monthly in USD*","html":"for me, yes certainly! after 30% tax, the yield will be about 7-8% *monthly in USD*"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090044646,"gmtCreate":1643046166497,"gmtModify":1676533768328,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a>this stock is over.&nbsp;","listText":"<a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a>this stock is over.&nbsp;","text":"$GameStop(GME)$this stock is over.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090044646","isVote":1,"tweetType":1,"viewCount":977,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"cocogoat","avatar":"https://static.tigerbbs.com/7a6abbaa6464f401dda94bc10ec732ff","crmLevel":1,"crmLevelSwitch":0,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"content":"Ur mommy life is over","text":"Ur mommy life is over","html":"Ur mommy life is over"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010027828,"gmtCreate":1648214147965,"gmtModify":1676534317689,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>yes it will","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>yes it will","text":"$Tesla Motors(TSLA)$yes it will","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010027828","isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323699916,"gmtCreate":1615335863635,"gmtModify":1704781267156,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"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/323699916","repostId":"1118673419","repostType":4,"repost":{"id":"1118673419","pubTimestamp":1615334943,"share":"https://ttm.financial/m/news/1118673419?lang=&edition=fundamental","pubTime":"2021-03-10 08:09","market":"us","language":"en","title":"Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months","url":"https://stock-news.laohu8.com/highlight/detail?id=1118673419","media":"cnbc","summary":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the ","content":"<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months</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\">\nTech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1118673419","content_text":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since November.Teslasoared 19.6% after a five-day losing streak and posted its biggest one-day pop since February 2020.AppleandFacebookjumped more than 4% each, while Microsoft and Netflix both gained at least 2.5%. Amazon rose 3.8%. The tech-heavy benchmark rallied as much as 4.3% during the session.\nThe S&P 500 advanced 1.4% to 3,875.44. The Dow Jones Industrial Average closed the day near its session low, rising just 30.30 points, or 0.1%, to 31,832.74. At its session high, the blue-chip benchmark jumped more than 300 points to touch an intraday record high.\nTechnology shares rebounded from steep losses as bond yields stabilized. The10-year Treasury yieldfell more than 5 basis points to 1.54%. The benchmark rate traded as high as 1.62% on Monday.\n“After lagging badly for the last few weeks, growth/momentum stocks are exploding higher as investors grow a bit more comfortable around rates and step in to buy this erstwhile most-loved sector,” Adam Crisafulli, founder of Vital Knowledge, said in a note.\nThe Nasdaq shed 2.4% in the previous session to close more than 10% below its Feb.12 high and falling into correction territory. High-growth names have been pressured lately as rising rates make their future profits less valuable today, making it hard to justify the stocks’ lofty valuations.\nMany popular technology stocks have fallen double digits over the past month amid rate fears. Even with Tuesday’s rally, Apple dropped more than 10% in the past month, while Tesla tumbled 20%. Pandemic betsZoom VideoandPelotonfell 20% and 36%, respectively, during the same period.\n“A lot of these tech stocks have become oversold on a short-term basis. Therefore, it’s not a big surprise that they’re seeing a nice bounce,” said Matt Maley, chief market strategist at Miller Tabak. “The question will be whether this bounce is a strong one...or a ‘dead cat bounce’ that doesn’t last very long at all.”\nWidely followed investor Cathie Wood of Ark Investment Management told CNBC on Monday that the recent tech sell-off created “great opportunities” for her to buy the pure play names in her funds, which are concentrated in disruptive technology stocks.\nWood’s flagship fundArk Innovation (ARKK)popped 10% Tuesdayfor its best day ever.\nMeanwhile, the rally in reopening plays and cyclical stocks took a breather on Tuesday. Energy was the biggest loser with a 1.9% decline, paring its March gains to about 8%. Financials and industrials also underperformed Tuesday.\nSenate approval of the$1.9 trillion economic relief and stimulus billhad prompted investors to continue to rotate into these areas of the market to bet on an economic rebound. House Democrats aim to pass the bill on Wednesday so President Joe Biden can sign it by the weekend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992102724,"gmtCreate":1661271614770,"gmtModify":1676536486902,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust(QQQ)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust(QQQ)$</a><v-v data-views=\"0\"></v-v>","text":"$Invesco QQQ Trust(QQQ)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992102724","isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017344645,"gmtCreate":1649751180742,"gmtModify":1676534564398,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"Lets go!!","listText":"Lets go!!","text":"Lets go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017344645","isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384257698,"gmtCreate":1613658679714,"gmtModify":1704883326070,"author":{"id":"3575887783684894","authorId":"3575887783684894","name":"sofluffy","avatar":"https://static.tigerbbs.com/3bf9d14220d0f59418daca5e310a6b8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575887783684894","authorIdStr":"3575887783684894"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/384257698","repostId":"1102078157","repostType":4,"repost":{"id":"1102078157","pubTimestamp":1613643052,"share":"https://ttm.financial/m/news/1102078157?lang=&edition=fundamental","pubTime":"2021-02-18 18:10","market":"sg","language":"en","title":"Singapore Exchange hopes to list SPACs as early as this year","url":"https://stock-news.laohu8.com/highlight/detail?id=1102078157","media":"Bloomberg","summary":"[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enoug","content":"<p>[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies&nbsp;this year if it gets enough support from the industry.</p><p>An impending marketconsultation on special purpose acquisition companies&nbsp;(SPAC)this quarter could take some time to get feedback, chief executive officer (CEO) Loh Boon Chye said in an interview Wednesday.</p><p>\"If the market is supportive, we hope to be able to do that sometime this year.\"</p><p>SPACs became a buzzword last year, sprouting by the dozen as the rich and famous - from hedge fund billionaire Bill Ackman to former US Speaker of the House Paul Ryan - and private equity firms rushed to set up new ones.</p><p>SPACs are increasingly seen as an appealing alternative route to public markets because the process avoids the risk and uncertainty of an initial public offering, though they've also been criticised for their structure, where managers - the founders - collect fees as an incentive to find a target and complete a deal. Many blank-cheque companies have turned to Asia to seek takeover targets.</p><p>The concept isn't new to the Singapore exchange. It had initiated a consultation on SPAC listings in 2010 - but there wasn't enough appetite among businesses and investors back then.</p><p>\"The world has changed, capital markets have evolved since then,\" said Mr Loh, who took over as CEO in 2015 after a long career in banking. He added that lower-for-longer interest rates, shorter business cycles, volatile markets and stimulus measures are heightening the need for and the ability to seek capital. SPACs could facilitate that while minimising market risk exposure by providing another avenue for investment, he said.</p><p>SPACs could be a way to revive investor interest in Singapore's stock market. The bourse has struggled to attract big-ticket IPOs over the past few years particularly in hot sectors such as technology. While the market volatility of 2020 was a boon, the value of shares traded remained below its five-year average.</p><p>SGX expects stock market listings this year in various sectors including technology, he said, as it awaits the mega IPO of Thai Beverage's brewery unit. The amount raised in first-time share sales in the city-state slumped to US$914 million last year from US$3.4 billion in 2017, according to data compiled by Bloomberg.</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>Singapore Exchange hopes to list SPACs as early as this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Exchange hopes to list SPACs as early as this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-18 18:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enough support from the industry.An impending marketconsultation on special purpose acquisition companies...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year\">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.businesstimes.com.sg/companies-markets/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102078157","content_text":"[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enough support from the industry.An impending marketconsultation on special purpose acquisition companies (SPAC)this quarter could take some time to get feedback, chief executive officer (CEO) Loh Boon Chye said in an interview Wednesday.\"If the market is supportive, we hope to be able to do that sometime this year.\"SPACs became a buzzword last year, sprouting by the dozen as the rich and famous - from hedge fund billionaire Bill Ackman to former US Speaker of the House Paul Ryan - and private equity firms rushed to set up new ones.SPACs are increasingly seen as an appealing alternative route to public markets because the process avoids the risk and uncertainty of an initial public offering, though they've also been criticised for their structure, where managers - the founders - collect fees as an incentive to find a target and complete a deal. Many blank-cheque companies have turned to Asia to seek takeover targets.The concept isn't new to the Singapore exchange. It had initiated a consultation on SPAC listings in 2010 - but there wasn't enough appetite among businesses and investors back then.\"The world has changed, capital markets have evolved since then,\" said Mr Loh, who took over as CEO in 2015 after a long career in banking. He added that lower-for-longer interest rates, shorter business cycles, volatile markets and stimulus measures are heightening the need for and the ability to seek capital. SPACs could facilitate that while minimising market risk exposure by providing another avenue for investment, he said.SPACs could be a way to revive investor interest in Singapore's stock market. The bourse has struggled to attract big-ticket IPOs over the past few years particularly in hot sectors such as technology. While the market volatility of 2020 was a boon, the value of shares traded remained below its five-year average.SGX expects stock market listings this year in various sectors including technology, he said, as it awaits the mega IPO of Thai Beverage's brewery unit. The amount raised in first-time share sales in the city-state slumped to US$914 million last year from US$3.4 billion in 2017, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}