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up","listText":"up up","text":"up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371389508","repostId":"1134294783","repostType":4,"repost":{"id":"1134294783","pubTimestamp":1618907741,"share":"https://ttm.financial/m/news/1134294783?lang=&edition=fundamental","pubTime":"2021-04-20 16:35","market":"us","language":"en","title":"AMD: Still Great Prospects","url":"https://stock-news.laohu8.com/highlight/detail?id=1134294783","media":"seekingalpha","summary":"Summary\n\nAMD's share price has corrected in recent months after last year's rally and is now 15 perc","content":"<p><b>Summary</b></p>\n<ul>\n <li>AMD's share price has corrected in recent months after last year's rally and is now 15 percent below its all-time high. This correction was overdue.</li>\n <li>Looking ahead, I see further upside potential for shareholders, although the picture is no longer quite as promising as in recent years.</li>\n <li>The share price still needs some time to reach an appropriate valuation, which could be the case in two years.</li>\n <li>If the company manages to maintain its strong market positions and address the growing future markets with innovations and competitive products, long-term investors will find an investment that is currently not excessively overpriced.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/34b309ee8140622181fae14b04573fc3\" tg-width=\"1536\" tg-height=\"864\"><span>Photo by medwedsky/iStock via Getty Images</span></p>\n<p>AMD's (AMD) share price has corrected in recent months after last year's rally and is now 15 percent below its all-time high. From a technical point of view, such a reaction was long overdue. I would not be surprised if the correction is not yet completed and further price losses follow.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f437f50523873dfd9fd5e14c7c67206\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>Furthermore, the last overriding rally has reduced the upside potential for investors massively. Just to remind you: The AMD share has risen by almost 900 percent after its latest longer consolidation from the end of 2016 to April 2018. However, sales have only just doubled since then. The price increase was nevertheless justified, as I have pointed out in several analyses in recent years. Thanks to CEO Lisa Su, AMD has turned into a highly innovative and profitable company with a very clean balance sheet. Looking ahead, I see further upside potential for shareholders, although the picture is no longer quite as promising as in recent years.</p>\n<p><b>Great prospects and only limited risks</b></p>\n<p>AMD has built up a considerable portfolio over the past few years, which helps the company to dominate several future markets at once. The markets for data centers, PCs, and gaming provide a total addressable market (TAM) of almost $80 billion. AMD covers these markets with its powerful processor families Ryzen (CDU/APU), Radeon (GPU for gaming, desktop, and mobile), plus EPYC/INSTINCT (CPU/GPU for data centers). AMD's growing market position is also reflected in the impressive sales development. Both segments have seen massive growth in recent years. The Computing & Graphics segment (CPU/GPU for desktop and notebook market) has even more than doubled its revenue since 2016.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4033a3bd89e2ba316e1c07e74db3757\" tg-width=\"640\" tg-height=\"119\"><span>Revenue by segments: source: www.DividendStocks.Cash</span></p>\n<p>Even more outstanding, however, is the development of profitability. The expected gross margin of 47 percent for FY2021 would be another high point in the highly successful development of recent years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/09ee6a33bea9e5d52050a8ce5884d3d1\" tg-width=\"640\" tg-height=\"242\"><span>Source: Investor relations</span></p>\n<p>Besides, AMD is net debt-free. The interest-bearing debt of just $2.5 billion is mostly offset by AMD's cash pile of $2.2 billion. If we compare this situation with 2015, when the debt ratio (interest-bearing) was 70 percent, it shows once again what an excellent job the CEO Lisa Su has done.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6b281576709fa25d7c9b75007f687\" tg-width=\"640\" tg-height=\"247\"><span>Debt to total assets and amortization power, source: www.DividendStocks.Cash</span></p>\n<p><b>AMD's HPC business: Xilinx vs. Altera</b></p>\n<p>It will be exciting to see how AMD does in the high-performance computing market. The $35 billion acquisition of Xilinx should help AMD, especially in the market for reprogrammable chips (FPGAs). As I said before,</p>\n<blockquote>\n FPGAs have increasingly replaced high-end CPUs and Application Specific Integrated Circuits (ASICs). It is therefore not surprising that the market for FPGAs will grow extremely in the future. The market size was valued at USD 5 billion in 2014 and is expected to grow at a CAGR of 14% from 2017 to 2027.\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8a8009445e87168efe89b04bd151ad88\" tg-width=\"640\" tg-height=\"381\"><span>Source: FPGA Market Share - Industry Size Forecast</span></p>\n<p>AMD will thus compete with Intel(NASDAQ:INTC)in another technology segment. 2019, Intel announced that it had begun shipments of the first Agilex FPGA, a product of the former Altera group that Intel acquired for $16.7 billion in 2015. Even though Intel was able to win Microsoft as a customer for Agilex, Xilinx was still ahead of Intel at this point. While Intel's Agilex FPGA from 2019 was still based on 10nm, Xilinx already used the 7nm \"versal\" architecture.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b5b5f3d48e360c42e156c64586347f9a\" tg-width=\"289\" tg-height=\"283\"><span>Source: Intel AGILEX inside</span></p>\n<p>In Xilinx, AMD snagged a company that had 2020 revenue of $3.16 billion and earnings of $793 million/$3.11 per share. By comparison, Intel's PSG (programmable semiconductors) segment generated revenues of just under $2 billion in 2020. Depending on the source, Xilinx has market shares of approximately 50 percent compared to Intel, with below 40 percent. Accordingly, AMD also becomes the market leader in this segment.</p>\n<p><b>AMD's server market and</b> <b>data center business</b></p>\n<p>The server market and the market for data centers will also be challenging. I see two risks here. Large customers for those processors, such as Amazon (AMZN), Google (GOOG) (GOOGL), Apple(NASDAQ:AAPL), and Microsoft (MSFT), can start producing their chips. Amazon has already made ARM processors for the AWS cloud (AWS Graviton). Apple is also considered a potential new server giant with its superior M1 processor. AMD has many customers. It would therefore not be a death sentence if the company lost individual customers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80002d5595e46c8beaf93811c535c97a\" tg-width=\"640\" tg-height=\"327\"><span>Source: Corporate presentation</span></p>\n<p>Nevertheless, increasing competition would not only squeeze margins but also increase the pressure to innovate. Both are good for the customers but not necessarily for AMD's shareholders. It will be interesting to see whether Nvidia(NASDAQ:NVDA)gets the acquisition from ARM approved. Nvidia has just released a roadmap for its new data center chip market. Nvidia's \"Grace\" CPU family is based on ARM architecture, so the ARM acquisition already casts the first shadow on the market, which AMD will certainly not appreciate.</p>\n<p>But that's not all. As it seems, even more players are coming into play. Qualcomm (QCOM) also tries to reduce its dependence on ARM. As I said in my last article, Qualcomm</p>\n<blockquote>\n put money on the table with its recent acquisition of startup Nuvia for $1.4 billion. Nuvia is supposed to combat the dependency on ARM CPUs with its own design. The acquisition could give Qualcomm a foothold in the growing server market, where Nuvia claims significant outperformance, with its Phoenix chip, compared to other chip vendors.\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/92e6e39cf5adb30302deb0afaae1f52c\" tg-width=\"640\" tg-height=\"387\"><span>Source: Nuvia webpage</span></p>\n<p><b>Weighing the upside potential</b></p>\n<p>I already said in the introduction that the upside potential is different today than it was two years ago. The market has now priced the positive aspects into the share price and anticipated further earnings development. We have to take the recent historical valuation levels to consider AMD as reasonably valued. AMD has a P/E ratio of 56, an adjusted P/E ratio of 52, and a P/C of 106, which is in line with the average of the last few years. With this consideration, we would even have an annual upside potential of 25% until 2024 based on the expected earnings and cash flow figures.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5611a12684afe7987c4fe9ff8f0dc1aa\" tg-width=\"640\" tg-height=\"321\"><span>Fair value calculation, source: www.DividendStocks.Cash</span></p>\n<p>The sunny skies darken somewhat if we ground the multiples a bit and only use a P/E ratio of 30. Here, we see a short-term downside potential of 30%. Only in the long run will AMD grow back into a fair valuation. But even then, we only see an upside potential of 8 percent per year through 2024. To achieve an annual return of 10 percent or even more, AMD must exceed its own expectations or maintain the same annual growth rate in the years beyond 2024.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b709d2c2ed592f659b32c0a89b92127\" tg-width=\"640\" tg-height=\"321\"><span>Fair value calculation, source: www.DividendStocks.Cash</span></p>\n<p><b>Conclusion</b></p>\n<p>The outlook for AMD is good. However, investors should not expect an outstanding outperformance in the next few years. The share price still needs some time to reach a reasonable valuation. At the current share price, the AMD stock will already get this fair valuation in two years. Thus, if the company maintains its strong market positions and addresses the growing future markets with innovations and competitive products, long-term investors will find an investment that is currently not excessively overpriced.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD: Still Great Prospects</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\">\nAMD: Still Great Prospects\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 16:35 GMT+8 <a href=https://seekingalpha.com/article/4419805-amd-stock-still-great-prospects><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAMD's share price has corrected in recent months after last year's rally and is now 15 percent below its all-time high. This correction was overdue.\nLooking ahead, I see further upside ...</p>\n\n<a href=\"https://seekingalpha.com/article/4419805-amd-stock-still-great-prospects\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4419805-amd-stock-still-great-prospects","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1134294783","content_text":"Summary\n\nAMD's share price has corrected in recent months after last year's rally and is now 15 percent below its all-time high. This correction was overdue.\nLooking ahead, I see further upside potential for shareholders, although the picture is no longer quite as promising as in recent years.\nThe share price still needs some time to reach an appropriate valuation, which could be the case in two years.\nIf the company manages to maintain its strong market positions and address the growing future markets with innovations and competitive products, long-term investors will find an investment that is currently not excessively overpriced.\n\nPhoto by medwedsky/iStock via Getty Images\nAMD's (AMD) share price has corrected in recent months after last year's rally and is now 15 percent below its all-time high. From a technical point of view, such a reaction was long overdue. I would not be surprised if the correction is not yet completed and further price losses follow.\nData by YCharts\nFurthermore, the last overriding rally has reduced the upside potential for investors massively. Just to remind you: The AMD share has risen by almost 900 percent after its latest longer consolidation from the end of 2016 to April 2018. However, sales have only just doubled since then. The price increase was nevertheless justified, as I have pointed out in several analyses in recent years. Thanks to CEO Lisa Su, AMD has turned into a highly innovative and profitable company with a very clean balance sheet. Looking ahead, I see further upside potential for shareholders, although the picture is no longer quite as promising as in recent years.\nGreat prospects and only limited risks\nAMD has built up a considerable portfolio over the past few years, which helps the company to dominate several future markets at once. The markets for data centers, PCs, and gaming provide a total addressable market (TAM) of almost $80 billion. AMD covers these markets with its powerful processor families Ryzen (CDU/APU), Radeon (GPU for gaming, desktop, and mobile), plus EPYC/INSTINCT (CPU/GPU for data centers). AMD's growing market position is also reflected in the impressive sales development. Both segments have seen massive growth in recent years. The Computing & Graphics segment (CPU/GPU for desktop and notebook market) has even more than doubled its revenue since 2016.\nRevenue by segments: source: www.DividendStocks.Cash\nEven more outstanding, however, is the development of profitability. The expected gross margin of 47 percent for FY2021 would be another high point in the highly successful development of recent years.\nSource: Investor relations\nBesides, AMD is net debt-free. The interest-bearing debt of just $2.5 billion is mostly offset by AMD's cash pile of $2.2 billion. If we compare this situation with 2015, when the debt ratio (interest-bearing) was 70 percent, it shows once again what an excellent job the CEO Lisa Su has done.\nDebt to total assets and amortization power, source: www.DividendStocks.Cash\nAMD's HPC business: Xilinx vs. Altera\nIt will be exciting to see how AMD does in the high-performance computing market. The $35 billion acquisition of Xilinx should help AMD, especially in the market for reprogrammable chips (FPGAs). As I said before,\n\n FPGAs have increasingly replaced high-end CPUs and Application Specific Integrated Circuits (ASICs). It is therefore not surprising that the market for FPGAs will grow extremely in the future. The market size was valued at USD 5 billion in 2014 and is expected to grow at a CAGR of 14% from 2017 to 2027.\n\nSource: FPGA Market Share - Industry Size Forecast\nAMD will thus compete with Intel(NASDAQ:INTC)in another technology segment. 2019, Intel announced that it had begun shipments of the first Agilex FPGA, a product of the former Altera group that Intel acquired for $16.7 billion in 2015. Even though Intel was able to win Microsoft as a customer for Agilex, Xilinx was still ahead of Intel at this point. While Intel's Agilex FPGA from 2019 was still based on 10nm, Xilinx already used the 7nm \"versal\" architecture.\nSource: Intel AGILEX inside\nIn Xilinx, AMD snagged a company that had 2020 revenue of $3.16 billion and earnings of $793 million/$3.11 per share. By comparison, Intel's PSG (programmable semiconductors) segment generated revenues of just under $2 billion in 2020. Depending on the source, Xilinx has market shares of approximately 50 percent compared to Intel, with below 40 percent. Accordingly, AMD also becomes the market leader in this segment.\nAMD's server market and data center business\nThe server market and the market for data centers will also be challenging. I see two risks here. Large customers for those processors, such as Amazon (AMZN), Google (GOOG) (GOOGL), Apple(NASDAQ:AAPL), and Microsoft (MSFT), can start producing their chips. Amazon has already made ARM processors for the AWS cloud (AWS Graviton). Apple is also considered a potential new server giant with its superior M1 processor. AMD has many customers. It would therefore not be a death sentence if the company lost individual customers.\nSource: Corporate presentation\nNevertheless, increasing competition would not only squeeze margins but also increase the pressure to innovate. Both are good for the customers but not necessarily for AMD's shareholders. It will be interesting to see whether Nvidia(NASDAQ:NVDA)gets the acquisition from ARM approved. Nvidia has just released a roadmap for its new data center chip market. Nvidia's \"Grace\" CPU family is based on ARM architecture, so the ARM acquisition already casts the first shadow on the market, which AMD will certainly not appreciate.\nBut that's not all. As it seems, even more players are coming into play. Qualcomm (QCOM) also tries to reduce its dependence on ARM. As I said in my last article, Qualcomm\n\n put money on the table with its recent acquisition of startup Nuvia for $1.4 billion. Nuvia is supposed to combat the dependency on ARM CPUs with its own design. The acquisition could give Qualcomm a foothold in the growing server market, where Nuvia claims significant outperformance, with its Phoenix chip, compared to other chip vendors.\n\nSource: Nuvia webpage\nWeighing the upside potential\nI already said in the introduction that the upside potential is different today than it was two years ago. The market has now priced the positive aspects into the share price and anticipated further earnings development. We have to take the recent historical valuation levels to consider AMD as reasonably valued. AMD has a P/E ratio of 56, an adjusted P/E ratio of 52, and a P/C of 106, which is in line with the average of the last few years. With this consideration, we would even have an annual upside potential of 25% until 2024 based on the expected earnings and cash flow figures.\nFair value calculation, source: www.DividendStocks.Cash\nThe sunny skies darken somewhat if we ground the multiples a bit and only use a P/E ratio of 30. Here, we see a short-term downside potential of 30%. Only in the long run will AMD grow back into a fair valuation. But even then, we only see an upside potential of 8 percent per year through 2024. To achieve an annual return of 10 percent or even more, AMD must exceed its own expectations or maintain the same annual growth rate in the years beyond 2024.\nFair value calculation, source: www.DividendStocks.Cash\nConclusion\nThe outlook for AMD is good. However, investors should not expect an outstanding outperformance in the next few years. The share price still needs some time to reach a reasonable valuation. At the current share price, the AMD stock will already get this fair valuation in two years. Thus, if the company maintains its strong market positions and addresses the growing future markets with innovations and competitive products, long-term investors will find an investment that is currently not excessively overpriced.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371389147,"gmtCreate":1618911072689,"gmtModify":1704716730964,"author":{"id":"3577259956378690","authorId":"3577259956378690","name":"Donggeun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577259956378690","idStr":"3577259956378690"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371389147","repostId":"2128817721","repostType":4,"repost":{"id":"2128817721","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":1618909201,"share":"https://ttm.financial/m/news/2128817721?lang=&edition=fundamental","pubTime":"2021-04-20 17:00","market":"us","language":"en","title":"7 Stocks To Watch For April 20, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2128817721","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Procter & Gamble Co</b> (NYSE:PG) to report quarterly earnings at $1.19 per share on revenue of $17.92 billion before the opening bell. Procter & Gamble shares fell 0.2% to $136.37 in after-hours trading.</li>\n <li><b>United Airlines Holdings Inc</b> (NASDAQ:UAL) reported a wider-than-expected loss for its first quarter on Monday. United Airlines shares dropped 2.2% to $53.80 in the after-hours trading session.</li>\n <li>Analysts are expecting <b> Netflix Inc</b> (NASDAQ:NFLX) to have earned $2.96 per share on revenue of $7.13 billion for the latest quarter. The company will release earnings after the markets close. Netflix shares rose 0.4% to $556.50 in after-hours trading.</li>\n <li>Before the opening bell, <b> Lockheed Martin Corporation</b> (NYSE:LMT) is projected to report quarterly earnings at $6.30 per share on revenue of $16.33 billion. Lockheed Martin shares fell 0.1% to $391.45 in after-hours trading.</li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/IBM\">IBM</a></b> (NYSE:IBM) reported stronger-than-expected results for its first quarter on Tuesday. IBM shares climbed 3.1% to $137.20 in the after-hours trading session.</li>\n <li>Analysts expect <b> Johnson & Johnson</b> (NYSE:JNJ) to report quarterly earnings at $2.34 per share on revenue of $22.01 billion before the opening bell. Johnson & Johnson shares fell 0.1% to $162.60 in after-hours trading.</li>\n <li>Before the markets open, <b> Abbott Laboratories</b> (NYSE:ABT) is estimated to report quarterly earnings at $1.27 per share on revenue of $10.69 billion. Abbott shares fell 0.2% to $124.30 in after-hours trading.</li>\n</ul>","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>7 Stocks To Watch For April 20, 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\">\n7 Stocks To Watch For April 20, 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\">2021-04-20 17:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Procter & Gamble Co</b> (NYSE:PG) to report quarterly earnings at $1.19 per share on revenue of $17.92 billion before the opening bell. Procter & Gamble shares fell 0.2% to $136.37 in after-hours trading.</li>\n <li><b>United Airlines Holdings Inc</b> (NASDAQ:UAL) reported a wider-than-expected loss for its first quarter on Monday. United Airlines shares dropped 2.2% to $53.80 in the after-hours trading session.</li>\n <li>Analysts are expecting <b> Netflix Inc</b> (NASDAQ:NFLX) to have earned $2.96 per share on revenue of $7.13 billion for the latest quarter. The company will release earnings after the markets close. Netflix shares rose 0.4% to $556.50 in after-hours trading.</li>\n <li>Before the opening bell, <b> Lockheed Martin Corporation</b> (NYSE:LMT) is projected to report quarterly earnings at $6.30 per share on revenue of $16.33 billion. Lockheed Martin shares fell 0.1% to $391.45 in after-hours trading.</li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/IBM\">IBM</a></b> (NYSE:IBM) reported stronger-than-expected results for its first quarter on Tuesday. IBM shares climbed 3.1% to $137.20 in the after-hours trading session.</li>\n <li>Analysts expect <b> Johnson & Johnson</b> (NYSE:JNJ) to report quarterly earnings at $2.34 per share on revenue of $22.01 billion before the opening bell. Johnson & Johnson shares fell 0.1% to $162.60 in after-hours trading.</li>\n <li>Before the markets open, <b> Abbott Laboratories</b> (NYSE:ABT) is estimated to report quarterly earnings at $1.27 per share on revenue of $10.69 billion. Abbott shares fell 0.2% to $124.30 in after-hours trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PG":"宝洁","JNJ":"强生","ABT":"雅培","LMT":"洛克希德马丁","QNETCN":"纳斯达克中美互联网老虎指数","UAL":"联合大陆航空","IBM":"IBM","NFLX":"奈飞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128817721","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects Procter & Gamble Co (NYSE:PG) to report quarterly earnings at $1.19 per share on revenue of $17.92 billion before the opening bell. Procter & Gamble shares fell 0.2% to $136.37 in after-hours trading.\nUnited Airlines Holdings Inc (NASDAQ:UAL) reported a wider-than-expected loss for its first quarter on Monday. United Airlines shares dropped 2.2% to $53.80 in the after-hours trading session.\nAnalysts are expecting Netflix Inc (NASDAQ:NFLX) to have earned $2.96 per share on revenue of $7.13 billion for the latest quarter. The company will release earnings after the markets close. Netflix shares rose 0.4% to $556.50 in after-hours trading.\nBefore the opening bell, Lockheed Martin Corporation (NYSE:LMT) is projected to report quarterly earnings at $6.30 per share on revenue of $16.33 billion. Lockheed Martin shares fell 0.1% to $391.45 in after-hours trading.\n\n\nIBM (NYSE:IBM) reported stronger-than-expected results for its first quarter on Tuesday. IBM shares climbed 3.1% to $137.20 in the after-hours trading session.\nAnalysts expect Johnson & Johnson (NYSE:JNJ) to report quarterly earnings at $2.34 per share on revenue of $22.01 billion before the opening bell. Johnson & Johnson shares fell 0.1% to $162.60 in after-hours trading.\nBefore the markets open, Abbott Laboratories (NYSE:ABT) is estimated to report quarterly earnings at $1.27 per share on revenue of $10.69 billion. Abbott shares fell 0.2% to $124.30 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371383084,"gmtCreate":1618911137248,"gmtModify":1704716732592,"author":{"id":"3577259956378690","authorId":"3577259956378690","name":"Donggeun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577259956378690","idStr":"3577259956378690"},"themes":[],"htmlText":"comment","listText":"comment","text":"comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371383084","repostId":"1146262593","repostType":4,"repost":{"id":"1146262593","pubTimestamp":1618910271,"share":"https://ttm.financial/m/news/1146262593?lang=&edition=fundamental","pubTime":"2021-04-20 17:17","market":"sg","language":"en","title":"Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions","url":"https://stock-news.laohu8.com/highlight/detail?id=1146262593","media":"Tech Crunch","summary":"Singapore-based fintechHashstacs Pte Ltd (STACS)announced today it has raised $3.6 million USD in pr","content":"<p>Singapore-based fintechHashstacs Pte Ltd (STACS)announced today it has raised $3.6 million USD in pre-Series A funding. The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. The round was led by Wavemaker Partners, which focuses on enterprise and deep tech companies in Southeast Asia, with participation from the Tribe Accelerator, a program for blockchain startups backed by the Singaporean government. STACS participated in Tribe last year, along with Project Ubin, the Monetary Authority of Singapore’s blockchain-based multi-currency payments network initiative.</p><p>Founded in 2019, STACS has now raised a total of more than $6 million and is preparing to raise Series A funding later this year. The company’s goal is to fix fragmentation in the tech systems used by financial institutions that can result in capital being locked in international clearing systems, a build-up of transaction fees and fines for trades that fail to settle. Its core solution is atechnology stackthat is built around STACS blockchain. It allows clients to integrate payment platforms (including Ubin), trading platforms and external software like user management systems, while enabling smart contracts and digital ledgers.</p><p>STACS’ products include a real-time trade processing platform that is used by clients like Eastspring Investments and BNP Paribas Securities Service. Some of its other clients are Deutsche Bank, Bursa Malaysia, EFG Bank and Bluecell Intelligence. STACS co-founder and managing director Benjamin Soh told TechCrunch that STACS is targeting a network of more than 30 institutions by the end of this year.</p><p>GreenSTACSlaunched last monthin a collaboration with Bluecell Intelligence to help companies certify and monitor green and sustainability-related loans and bonds.</p><p>Soh said in an email that STACS received many requests from financial institutions that needed to perform impact monitoring on ESG projects, but were not able to do so effectively because “information sources are asymmetric, there is no common data infrastructure and serving of ESG financing is typically too inefficient.”</p><p>STACS’ goal is to make GreenSTACS “the common infrastructure” for ESG financing and impact monitoring, he added. The platform enables loan and bond parameters to be programmed into security tokens and connects with data sources, like IoT devices or satellite images, to create real-time impact reports on a distributed ledger. This helps prevent “greenwashing,” a term that refers to making something seem more environmentally-friendly or sustainable than it really is.</p><p>“Essentially, this would boost investors’ and banks’ confidence with green financing by ensuring green money is strictly used in achieving pledged green goals and policies,” said Soh.</p><p>In a press statement, Wavemaker general partner Gavin Lee said, “There is an immense opportunity to help financial institutions process large volumes of trade more quickly, securely and accurately while reducing costs and illiquid capital. As an enterprise distributed ledger technology provider, STACS has productized a secure layer that can be deployed instantly above existing infrastructure. Enterprise sales is never easy for young companies, but Benjamin is a convincing and seasoned serial entrepreneur who has secured numerous leading financial institutions as key clients.”</p>","source":"lsy1615977248280","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-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions</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-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 17:17 GMT+8 <a href=https://techcrunch.com/2021/04/19/singapore-based-fintech-stacs-raises-3-6m-to-develop-blockchain-platforms-for-financial-institutions/><strong>Tech Crunch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore-based fintechHashstacs Pte Ltd (STACS)announced today it has raised $3.6 million USD in pre-Series A funding. The company develops blockchain platforms that can work with financial ...</p>\n\n<a href=\"https://techcrunch.com/2021/04/19/singapore-based-fintech-stacs-raises-3-6m-to-develop-blockchain-platforms-for-financial-institutions/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://techcrunch.com/2021/04/19/singapore-based-fintech-stacs-raises-3-6m-to-develop-blockchain-platforms-for-financial-institutions/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146262593","content_text":"Singapore-based fintechHashstacs Pte Ltd (STACS)announced today it has raised $3.6 million USD in pre-Series A funding. The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. The round was led by Wavemaker Partners, which focuses on enterprise and deep tech companies in Southeast Asia, with participation from the Tribe Accelerator, a program for blockchain startups backed by the Singaporean government. STACS participated in Tribe last year, along with Project Ubin, the Monetary Authority of Singapore’s blockchain-based multi-currency payments network initiative.Founded in 2019, STACS has now raised a total of more than $6 million and is preparing to raise Series A funding later this year. The company’s goal is to fix fragmentation in the tech systems used by financial institutions that can result in capital being locked in international clearing systems, a build-up of transaction fees and fines for trades that fail to settle. Its core solution is atechnology stackthat is built around STACS blockchain. It allows clients to integrate payment platforms (including Ubin), trading platforms and external software like user management systems, while enabling smart contracts and digital ledgers.STACS’ products include a real-time trade processing platform that is used by clients like Eastspring Investments and BNP Paribas Securities Service. Some of its other clients are Deutsche Bank, Bursa Malaysia, EFG Bank and Bluecell Intelligence. STACS co-founder and managing director Benjamin Soh told TechCrunch that STACS is targeting a network of more than 30 institutions by the end of this year.GreenSTACSlaunched last monthin a collaboration with Bluecell Intelligence to help companies certify and monitor green and sustainability-related loans and bonds.Soh said in an email that STACS received many requests from financial institutions that needed to perform impact monitoring on ESG projects, but were not able to do so effectively because “information sources are asymmetric, there is no common data infrastructure and serving of ESG financing is typically too inefficient.”STACS’ goal is to make GreenSTACS “the common infrastructure” for ESG financing and impact monitoring, he added. The platform enables loan and bond parameters to be programmed into security tokens and connects with data sources, like IoT devices or satellite images, to create real-time impact reports on a distributed ledger. This helps prevent “greenwashing,” a term that refers to making something seem more environmentally-friendly or sustainable than it really is.“Essentially, this would boost investors’ and banks’ confidence with green financing by ensuring green money is strictly used in achieving pledged green goals and policies,” said Soh.In a press statement, Wavemaker general partner Gavin Lee said, “There is an immense opportunity to help financial institutions process large volumes of trade more quickly, securely and accurately while reducing costs and illiquid capital. As an enterprise distributed ledger technology provider, STACS has productized a secure layer that can be deployed instantly above existing infrastructure. Enterprise sales is never easy for young companies, but Benjamin is a convincing and seasoned serial entrepreneur who has secured numerous leading financial institutions as key clients.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371389453,"gmtCreate":1618911106972,"gmtModify":1704716731614,"author":{"id":"3577259956378690","authorId":"3577259956378690","name":"Donggeun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577259956378690","idStr":"3577259956378690"},"themes":[],"htmlText":"ops","listText":"ops","text":"ops","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371389453","repostId":"1168529856","repostType":4,"repost":{"id":"1168529856","pubTimestamp":1618907354,"share":"https://ttm.financial/m/news/1168529856?lang=&edition=fundamental","pubTime":"2021-04-20 16:29","market":"sh","language":"en","title":"China’s Yuan Adds Renewed Momentum to Global Reflation Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=1168529856","media":"Bloomberg","summary":"(Bloomberg) --China’s yuan is overvalued, and that could end up stoking global inflation.The yuan ra","content":"<p>(Bloomberg) --China’s yuan is overvalued, and that could end up stoking global inflation.</p><p>The yuan ranks as the most overvalued among 32 major currencies in real effective exchange rate terms, an analysis of JPMorgan Chase & Co. indexes show. As Chinese exports are ubiquitous across a range of goods, the strength could translate into quicker inflation globally, adding to investor expectations for tighter central bank policies.</p><p>The potential impact from the Chinese currency’s inflation-adjusted strength is a reflection of the nation’s quicker economic recovery from the pandemic, and its importance as the factory of the world. Since July, the yuan has advanced more than 5% against a basket of major trading partners, which includes the euro and the yen.</p><p>“China could start to lead global inflation higher,” said Kota Hirayama, senior emerging-market economist at SMBC Nikko Securities Inc. in Tokyo. “Reflation is likely to accelerate” with increasing upward pressures on bond yields, he said.</p><p>The yuan’s real effective exchange rate is about 2.8 standard deviations higher than its five-year average, according to an analysis based on JPMorgan’s indexes. The differential is the widest among 32 major currencies measured.</p><p>Even though the Chinese currency has also suffered from recent dollar strength, it has held up better than almost every other Asian peer -- a sign of how investors view the economies of China and the U.S. as the twin engines of global growth. And while concerns about the pace of a U.S. recovery is transmitted globally through Treasury yields, China’s impact would come from its exports of goods from electronics, appliances and clothing to medical and chemical products.</p><p>There are already signs that price pressures are building in China, with its producer-price index rising at the fastest pace since 2018 last month. The U.S. -- the Asian nation’s biggest export market --recorded the biggest advance in the cost of living in almost three years.</p><p>The flip side of a stronger currency is reduced export competitiveness and slower inflation as import become cheaper. Economists expect gains in China’s shipments to slow through the quarters this year as the effect of a lower base wears off although price pressures are likely to quicken.</p><p>To be sure, modeling by the Institute of International Finance indicates the yuan is undervalued by 12.8%, according to its latest assessment published in March. The report also shows that the dollar has become increasingly overvalued.</p><p>JPMorgan’s index of the yuan’s real effective exchange has climbed almost 8% from a June low to hover near an all-time high. The elevated rate is due to the stronger nominal yuan and a faster pace of increase in China’s cost of living compared with other countries, according to Dariusz Kowalczyk, chief China economist at Credit Agricole CIB.</p><p>“The elevated REER is a challenge for some exporters, but for most it is acceptable given China’s relatively fast productivity gains,” said Kowalczyk. “Productivity gains have by far exceeded real appreciation over the long run, and also in recent years, hence exports are so strong, and should remain so.”</p><p>The onshore yuan gained as much as 0.3% to 6.4918 per dollar on Tuesday, the strongest since March 18.</p><p>(Adds economists’ forecasts for China’s export growth and inflation in eighth paragraph and yuan level in last paragraph)</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>China’s Yuan Adds Renewed Momentum to Global Reflation Trade</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\">\nChina’s Yuan Adds Renewed Momentum to Global Reflation Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 16:29 GMT+8 <a href=https://finance.yahoo.com/news/china-yuan-adds-renewed-momentum-235924592.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) --China’s yuan is overvalued, and that could end up stoking global inflation.The yuan ranks as the most overvalued among 32 major currencies in real effective exchange rate terms, an ...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-yuan-adds-renewed-momentum-235924592.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/china-yuan-adds-renewed-momentum-235924592.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168529856","content_text":"(Bloomberg) --China’s yuan is overvalued, and that could end up stoking global inflation.The yuan ranks as the most overvalued among 32 major currencies in real effective exchange rate terms, an analysis of JPMorgan Chase & Co. indexes show. As Chinese exports are ubiquitous across a range of goods, the strength could translate into quicker inflation globally, adding to investor expectations for tighter central bank policies.The potential impact from the Chinese currency’s inflation-adjusted strength is a reflection of the nation’s quicker economic recovery from the pandemic, and its importance as the factory of the world. Since July, the yuan has advanced more than 5% against a basket of major trading partners, which includes the euro and the yen.“China could start to lead global inflation higher,” said Kota Hirayama, senior emerging-market economist at SMBC Nikko Securities Inc. in Tokyo. “Reflation is likely to accelerate” with increasing upward pressures on bond yields, he said.The yuan’s real effective exchange rate is about 2.8 standard deviations higher than its five-year average, according to an analysis based on JPMorgan’s indexes. The differential is the widest among 32 major currencies measured.Even though the Chinese currency has also suffered from recent dollar strength, it has held up better than almost every other Asian peer -- a sign of how investors view the economies of China and the U.S. as the twin engines of global growth. And while concerns about the pace of a U.S. recovery is transmitted globally through Treasury yields, China’s impact would come from its exports of goods from electronics, appliances and clothing to medical and chemical products.There are already signs that price pressures are building in China, with its producer-price index rising at the fastest pace since 2018 last month. The U.S. -- the Asian nation’s biggest export market --recorded the biggest advance in the cost of living in almost three years.The flip side of a stronger currency is reduced export competitiveness and slower inflation as import become cheaper. Economists expect gains in China’s shipments to slow through the quarters this year as the effect of a lower base wears off although price pressures are likely to quicken.To be sure, modeling by the Institute of International Finance indicates the yuan is undervalued by 12.8%, according to its latest assessment published in March. The report also shows that the dollar has become increasingly overvalued.JPMorgan’s index of the yuan’s real effective exchange has climbed almost 8% from a June low to hover near an all-time high. The elevated rate is due to the stronger nominal yuan and a faster pace of increase in China’s cost of living compared with other countries, according to Dariusz Kowalczyk, chief China economist at Credit Agricole CIB.“The elevated REER is a challenge for some exporters, but for most it is acceptable given China’s relatively fast productivity gains,” said Kowalczyk. “Productivity gains have by far exceeded real appreciation over the long run, and also in recent years, hence exports are so strong, and should remain so.”The onshore yuan gained as much as 0.3% to 6.4918 per dollar on Tuesday, the strongest since March 18.(Adds economists’ forecasts for China’s export growth and inflation in eighth paragraph and yuan level in last paragraph)","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371317470,"gmtCreate":1618910987390,"gmtModify":1704716729007,"author":{"id":"3577259956378690","authorId":"3577259956378690","name":"Donggeun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577259956378690","idStr":"3577259956378690"},"themes":[],"htmlText":"eheheheheh","listText":"eheheheheh","text":"eheheheheh","images":[{"img":"https://static.tigerbbs.com/df6ad6a681cf16f0ad052d81c3e23b82","width":"1125","height":"3074"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371317470","isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":371317070,"gmtCreate":1618910901190,"gmtModify":1704716727374,"author":{"id":"3577259956378690","authorId":"3577259956378690","name":"Donggeun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577259956378690","idStr":"3577259956378690"},"themes":[],"htmlText":"andndnd","listText":"andndnd","text":"andndnd","images":[{"img":"https://static.tigerbbs.com/afda6335f4cd09672635eaee94cd80a6","width":"1125","height":"2608"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371317070","isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}
