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2021-04-16

Based on existing trend, I think Apple will likely only double in 3 years.

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2021-04-16

Wow!

Grab considering secondary Singapore listing after U.S. SPAC merger - sources

2021-04-16

Interesting read!

China stocks end higher as country's GDP hits record growth

2021-04-16

I think tesla will still continue to reach newer highs!

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Go to Tiger App to see more news

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on existing trend, I think Apple will likely only double in 3 years.","listText":"Based on existing trend, I think Apple will likely only double in 3 years.","text":"Based on existing trend, I think Apple will likely only double in 3 years.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370102731","repostId":"1142633815","repostType":4,"repost":{"id":"1142633815","kind":"news","pubTimestamp":1618550753,"share":"https://ttm.financial/m/news/1142633815?lang=en_US&edition=fundamental","pubTime":"2021-04-16 13:25","market":"us","language":"en","title":"Could Apple Stock Price Double In 3 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1142633815","media":"TheStreet","summary":"Apple stock has finally awakened ahead of fiscal second quarter earnings, and some investors may be dreaming bigger. For example, could AAPL price double within the next three years?Apple stockhas finally breached the $130 level, after spending nearly two months below it – and shares still seem to have some fuel to burn. Why not dream bigger, and project where the stock could be in, say, three years?Today, the Apple Maven does some back-of-the-envelope calculations to explain how financial perfo","content":"<p>Apple stock has finally awakened ahead of fiscal second quarter earnings, and some investors may be dreaming bigger. For example, could AAPL price double within the next three years?</p>\n<p>Apple stockhas finally breached the $130 level, after spending nearly two months below it – and shares still seem to have some fuel to burn. Why not dream bigger, and project where the stock could be in, say, three years?</p>\n<p>Today, the Apple Maven does some back-of-the-envelope calculations to explain how financial performance and valuation multiples can possibly combine to send AAPL to $250 by 2024, for a respectable annualized return of about 25%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6d62ab113273e78aea147040ddfd287\" tg-width=\"1240\" tg-height=\"697\"><span>Figure 1: Apple Park in Cupertino, California.</span></p>\n<p><b>First piece of the puzzle: valuation</b></p>\n<p>There are several different ways to estimate how much a stock may be worth in the future. In this case, I will keep things simple, and use the traditional price-to-earnings, or P/E ratio methodology.</p>\n<p>P/E is a simple metric that contains two pieces: stock price in the numerator, and earnings per share (EPS) in the denominator. Simple algebra suggests that the future price of a stock can be calculated by multiplying an assumed P/E multiple by actual or estimated EPS.</p>\n<p>The graph below shows that Apple’s trailing P/E (that is, the valuation multiple derived using past earnings figures) has pulled back from the second half 2020 highs of around 40 times. The bad news is that, even at the current 36 times, the figure is much higher than it has historically been, on average.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d180bf2e7bab467da1e79a1eada870d1\" tg-width=\"1240\" tg-height=\"555\"><span>Figure 2: Apple's Price/Earnings.</span></p>\n<p>There are good reasons why Apple now trades at a much higher P/E multiple than it did in the past. A few of them include:</p>\n<ul>\n <li>Future growth opportunities have expanded with&nbsp;the 5G upgrade cycle, the expansion of the services portfolio, the rebirth of the Mac and iPad segments,and even the rumored Apple Car</li>\n <li>Apple’s financial performance is less dependent on one single product category – the iPhone – than it was in the mid 2010s</li>\n <li>Services, with its higher margins and more predictable revenue inflow, have become a much more important piece of the business</li>\n <li>Interest rates have come down to the closest that they have ever been to zero, which is a tailwind to valuation multiples</li>\n</ul>\n<p>That said, I find it unrealistic to project an increase in Apple stock price based primarily on valuation multiple expansion. I believe that a sustainable trailing P/E of around 35 times is about as high as one should reasonably expect to see in the next few years.</p>\n<p><b>Second piece of the puzzle: earnings</b></p>\n<p>Valuation multiples do not tell the whole story, however. Apple stock can also rise on future financial performance, especially if the results beat current expectations.</p>\n<p>According to our friends at&nbsp;Seeking Alpha, analysts currently project 2024 earnings per share to land at $5.38. For reference, Apple’s fiscal 2020 earnings reached $3.28.</p>\n<p>Now, let’s travel in time to September 2024, roughly three years from now, at the end of Apple’s fiscal year. At that moment, Apple stock should be worth about $190 per share, given two assumptions:</p>\n<ol>\n <li>The company meets current EPS expectations for fiscal 2024</li>\n <li>The P/E multiple stays close to current levels, at 35 times</li>\n</ol>\n<p>Therefore, for Apple stock price to double in three years primarily on the back of financial performance, the Cupertino company needs to deliver EPS of over $7. That is: rather than growing earnings at an expected annual pace of about 13%, Apple needs to pick up the pace and offer 22% instead.</p>\n<p>This is quite a tall order, in my view. Three-year growth in earnings at these levels has not happened since the very early days of the iPhone and iPad, two revolutionary product categories that Apple essentially invented.</p>\n<p>Therefore, for Apple stock to get to $250 in three years without valuation multiples climbing to levels never seen before, any (or a combination of) the following would probably need to happen to send EPS through the roof:</p>\n<ul>\n <li>An outstanding 5G super cycle that supports iPhone sales increase comparable to early 2010s levels, when the product category was still in the middle of its growth life cycle;</li>\n <li>A sizable, game-changing product launch that adds revenues where none currently exist. The most likely candidates would be&nbsp;augmented or virtual realitywearable devices,or the Apple Car;</li>\n <li>Aggressive monetization of Apple’s user base, primarily through service offerings and cross-selling of wearable and complementary products. In the case of services, segment revenues would somehow need to double in three years or less,rather than the expected five.</li>\n <li>Acceleration in the share repurchase efforts. Lately, Apple has been retiring its stock at a pace of 5% to 6% per year. I estimate that doubling this rate would be enough to boost EPS to where it needs to be.</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>Could Apple Stock Price Double In 3 Years?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCould Apple Stock Price Double In 3 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 13:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/could-apple-stock-price-double-in-3-years><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple stock has finally awakened ahead of fiscal second quarter earnings, and some investors may be dreaming bigger. For example, could AAPL price double within the next three years?\nApple stockhas ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/could-apple-stock-price-double-in-3-years\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/could-apple-stock-price-double-in-3-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142633815","content_text":"Apple stock has finally awakened ahead of fiscal second quarter earnings, and some investors may be dreaming bigger. For example, could AAPL price double within the next three years?\nApple stockhas finally breached the $130 level, after spending nearly two months below it – and shares still seem to have some fuel to burn. Why not dream bigger, and project where the stock could be in, say, three years?\nToday, the Apple Maven does some back-of-the-envelope calculations to explain how financial performance and valuation multiples can possibly combine to send AAPL to $250 by 2024, for a respectable annualized return of about 25%.\nFigure 1: Apple Park in Cupertino, California.\nFirst piece of the puzzle: valuation\nThere are several different ways to estimate how much a stock may be worth in the future. In this case, I will keep things simple, and use the traditional price-to-earnings, or P/E ratio methodology.\nP/E is a simple metric that contains two pieces: stock price in the numerator, and earnings per share (EPS) in the denominator. Simple algebra suggests that the future price of a stock can be calculated by multiplying an assumed P/E multiple by actual or estimated EPS.\nThe graph below shows that Apple’s trailing P/E (that is, the valuation multiple derived using past earnings figures) has pulled back from the second half 2020 highs of around 40 times. The bad news is that, even at the current 36 times, the figure is much higher than it has historically been, on average.\nFigure 2: Apple's Price/Earnings.\nThere are good reasons why Apple now trades at a much higher P/E multiple than it did in the past. A few of them include:\n\nFuture growth opportunities have expanded with the 5G upgrade cycle, the expansion of the services portfolio, the rebirth of the Mac and iPad segments,and even the rumored Apple Car\nApple’s financial performance is less dependent on one single product category – the iPhone – than it was in the mid 2010s\nServices, with its higher margins and more predictable revenue inflow, have become a much more important piece of the business\nInterest rates have come down to the closest that they have ever been to zero, which is a tailwind to valuation multiples\n\nThat said, I find it unrealistic to project an increase in Apple stock price based primarily on valuation multiple expansion. I believe that a sustainable trailing P/E of around 35 times is about as high as one should reasonably expect to see in the next few years.\nSecond piece of the puzzle: earnings\nValuation multiples do not tell the whole story, however. Apple stock can also rise on future financial performance, especially if the results beat current expectations.\nAccording to our friends at Seeking Alpha, analysts currently project 2024 earnings per share to land at $5.38. For reference, Apple’s fiscal 2020 earnings reached $3.28.\nNow, let’s travel in time to September 2024, roughly three years from now, at the end of Apple’s fiscal year. At that moment, Apple stock should be worth about $190 per share, given two assumptions:\n\nThe company meets current EPS expectations for fiscal 2024\nThe P/E multiple stays close to current levels, at 35 times\n\nTherefore, for Apple stock price to double in three years primarily on the back of financial performance, the Cupertino company needs to deliver EPS of over $7. That is: rather than growing earnings at an expected annual pace of about 13%, Apple needs to pick up the pace and offer 22% instead.\nThis is quite a tall order, in my view. Three-year growth in earnings at these levels has not happened since the very early days of the iPhone and iPad, two revolutionary product categories that Apple essentially invented.\nTherefore, for Apple stock to get to $250 in three years without valuation multiples climbing to levels never seen before, any (or a combination of) the following would probably need to happen to send EPS through the roof:\n\nAn outstanding 5G super cycle that supports iPhone sales increase comparable to early 2010s levels, when the product category was still in the middle of its growth life cycle;\nA sizable, game-changing product launch that adds revenues where none currently exist. The most likely candidates would be augmented or virtual realitywearable devices,or the Apple Car;\nAggressive monetization of Apple’s user base, primarily through service offerings and cross-selling of wearable and complementary products. In the case of services, segment revenues would somehow need to double in three years or less,rather than the expected five.\nAcceleration in the share repurchase efforts. Lately, Apple has been retiring its stock at a pace of 5% to 6% per year. I estimate that doubling this rate would be enough to boost EPS to where it needs to be.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370102590,"gmtCreate":1618559461210,"gmtModify":1704712718296,"author":{"id":"3581651431761930","authorId":"3581651431761930","name":"T3M1N4T0R","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581651431761930","idStr":"3581651431761930"},"themes":[],"htmlText":"I think tesla will still continue to reach newer highs!","listText":"I think tesla will still continue to reach newer highs!","text":"I think tesla will still continue to reach newer highs!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370102590","repostId":"1153076451","repostType":4,"isVote":1,"tweetType":1,"viewCount":1592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370102934,"gmtCreate":1618559400328,"gmtModify":1704712717161,"author":{"id":"3581651431761930","authorId":"3581651431761930","name":"T3M1N4T0R","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581651431761930","idStr":"3581651431761930"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370102934","repostId":"1113132904","repostType":4,"repost":{"id":"1113132904","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1618557385,"share":"https://ttm.financial/m/news/1113132904?lang=en_US&edition=fundamental","pubTime":"2021-04-16 15:16","market":"sg","language":"en","title":"Grab considering secondary Singapore listing after U.S. SPAC merger - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1113132904","media":"Reuters","summary":"Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing i","content":"<p>Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said.</p><p>Listing on Singapore Exchange&nbsp;would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares.</p><p>Grab, a household name across Southeast Asia, is in the early stages of considering a secondary listing in the city-state, said the sources, who declined to be identified as they were not authorised to speak about the matter.</p><p>The potential Singapore listing plans come after Grab this week agreed a $40 billion merger with Altimeter Growth Corp., a special purpose acquisition company (SPAC), making this the world's biggest SPAC deal.</p><p>Grab, which began as a ride-hailing business in 2012, now operates in eight countries and more than 400 cities and has expanded into food and grocery deliveries, as well as digital payments. Last year, it won a digital banking licence in Singapore.</p><p>It wasn't clear how much Grab might aim to raise in any secondary listing, with financial terms and timetable still in the early stages of consideration, the sources said.</p><p>The company with the top valuation on the Singapore bourse is bank DBS Group Ltd(DBSM.SI), currently worth about S$74 billion ($55.4 billion) by capitalisation.</p><p>Grab and SGX declined to comment on the listing plans.</p><p>One of the sources said that while Grab has sufficient cash reserves and could end up raising only a small amount on SGX, a listing would mark a big win for the exchange.</p><p>SGX has mainly only seen large IPOs from real estate investment trusts. Hindered by a small base of retail investors in the city-state, it has struggled with low liquidity and valuations, forcing a spate of delistings and also discouraging big-ticket listings from regional high-growth companies.</p><p>The Hong Kong bourse, however, has benefited from diplomatic and political tensions between the United States and China that have led many Chinese firms to seek secondary listings in Hong Kong. Global fund managers have also been swapping China holdings from Wall Street to Hong Kong.</p><p>SGX has taken many steps to try to bulk up its stock market in recent years, and under Chief Executive Loh Boon Chye, who was appointed six years ago, it has acquired firms to transform itself into a multi-asset exchange.</p><p>Currently, there are 28 companies with a secondary listing on SGX, including Malaysia's IHH Healthcare Bhd(IHHH.KL)and Top Glove Corp Bhd&nbsp;and Hong Kong conglomerate Jardine Matheson Holdings.</p><p>Last year, AMTD International became the first NYSE-listed firm to list on SGX. It also became the first to take advantage of a dual-class share structure in Singapore.</p><p>For Grab, as part of the SPAC merger, it's raising $4 billion from global investors including BlackRock, Temasek Holdings, Fidelity International, Malaysia's Permodalan Nasional Bhd and some of Indonesia's richest family groups.</p><p>($1 = 1.3351 Singapore dollars)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab considering secondary Singapore listing after U.S. SPAC merger - sources</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\">\nGrab considering secondary Singapore listing after U.S. SPAC merger - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-16 15:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said.</p><p>Listing on Singapore Exchange&nbsp;would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares.</p><p>Grab, a household name across Southeast Asia, is in the early stages of considering a secondary listing in the city-state, said the sources, who declined to be identified as they were not authorised to speak about the matter.</p><p>The potential Singapore listing plans come after Grab this week agreed a $40 billion merger with Altimeter Growth Corp., a special purpose acquisition company (SPAC), making this the world's biggest SPAC deal.</p><p>Grab, which began as a ride-hailing business in 2012, now operates in eight countries and more than 400 cities and has expanded into food and grocery deliveries, as well as digital payments. Last year, it won a digital banking licence in Singapore.</p><p>It wasn't clear how much Grab might aim to raise in any secondary listing, with financial terms and timetable still in the early stages of consideration, the sources said.</p><p>The company with the top valuation on the Singapore bourse is bank DBS Group Ltd(DBSM.SI), currently worth about S$74 billion ($55.4 billion) by capitalisation.</p><p>Grab and SGX declined to comment on the listing plans.</p><p>One of the sources said that while Grab has sufficient cash reserves and could end up raising only a small amount on SGX, a listing would mark a big win for the exchange.</p><p>SGX has mainly only seen large IPOs from real estate investment trusts. Hindered by a small base of retail investors in the city-state, it has struggled with low liquidity and valuations, forcing a spate of delistings and also discouraging big-ticket listings from regional high-growth companies.</p><p>The Hong Kong bourse, however, has benefited from diplomatic and political tensions between the United States and China that have led many Chinese firms to seek secondary listings in Hong Kong. Global fund managers have also been swapping China holdings from Wall Street to Hong Kong.</p><p>SGX has taken many steps to try to bulk up its stock market in recent years, and under Chief Executive Loh Boon Chye, who was appointed six years ago, it has acquired firms to transform itself into a multi-asset exchange.</p><p>Currently, there are 28 companies with a secondary listing on SGX, including Malaysia's IHH Healthcare Bhd(IHHH.KL)and Top Glove Corp Bhd&nbsp;and Hong Kong conglomerate Jardine Matheson Holdings.</p><p>Last year, AMTD International became the first NYSE-listed firm to list on SGX. It also became the first to take advantage of a dual-class share structure in Singapore.</p><p>For Grab, as part of the SPAC merger, it's raising $4 billion from global investors including BlackRock, Temasek Holdings, Fidelity International, Malaysia's Permodalan Nasional Bhd and some of Indonesia's richest family groups.</p><p>($1 = 1.3351 Singapore dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W","BLK":"贝莱德","SFTBY":"软银集团","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113132904","content_text":"Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said.Listing on Singapore Exchange would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares.Grab, a household name across Southeast Asia, is in the early stages of considering a secondary listing in the city-state, said the sources, who declined to be identified as they were not authorised to speak about the matter.The potential Singapore listing plans come after Grab this week agreed a $40 billion merger with Altimeter Growth Corp., a special purpose acquisition company (SPAC), making this the world's biggest SPAC deal.Grab, which began as a ride-hailing business in 2012, now operates in eight countries and more than 400 cities and has expanded into food and grocery deliveries, as well as digital payments. Last year, it won a digital banking licence in Singapore.It wasn't clear how much Grab might aim to raise in any secondary listing, with financial terms and timetable still in the early stages of consideration, the sources said.The company with the top valuation on the Singapore bourse is bank DBS Group Ltd(DBSM.SI), currently worth about S$74 billion ($55.4 billion) by capitalisation.Grab and SGX declined to comment on the listing plans.One of the sources said that while Grab has sufficient cash reserves and could end up raising only a small amount on SGX, a listing would mark a big win for the exchange.SGX has mainly only seen large IPOs from real estate investment trusts. Hindered by a small base of retail investors in the city-state, it has struggled with low liquidity and valuations, forcing a spate of delistings and also discouraging big-ticket listings from regional high-growth companies.The Hong Kong bourse, however, has benefited from diplomatic and political tensions between the United States and China that have led many Chinese firms to seek secondary listings in Hong Kong. Global fund managers have also been swapping China holdings from Wall Street to Hong Kong.SGX has taken many steps to try to bulk up its stock market in recent years, and under Chief Executive Loh Boon Chye, who was appointed six years ago, it has acquired firms to transform itself into a multi-asset exchange.Currently, there are 28 companies with a secondary listing on SGX, including Malaysia's IHH Healthcare Bhd(IHHH.KL)and Top Glove Corp Bhd and Hong Kong conglomerate Jardine Matheson Holdings.Last year, AMTD International became the first NYSE-listed firm to list on SGX. It also became the first to take advantage of a dual-class share structure in Singapore.For Grab, as part of the SPAC merger, it's raising $4 billion from global investors including BlackRock, Temasek Holdings, Fidelity International, Malaysia's Permodalan Nasional Bhd and some of Indonesia's richest family groups.($1 = 1.3351 Singapore dollars)","news_type":1,"symbols_score_info":{"BLK":0.9,"UBER":0.9,"09988":0.9,"AGC":0.9,"BABA":0.9,"SFTBY":0.9}},"isVote":1,"tweetType":1,"viewCount":1782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370106345,"gmtCreate":1618559355787,"gmtModify":1704712715703,"author":{"id":"3581651431761930","authorId":"3581651431761930","name":"T3M1N4T0R","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581651431761930","idStr":"3581651431761930"},"themes":[],"htmlText":"Interesting read!","listText":"Interesting read!","text":"Interesting read!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370106345","repostId":"2127283686","repostType":4,"repost":{"id":"2127283686","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1618557675,"share":"https://ttm.financial/m/news/2127283686?lang=en_US&edition=fundamental","pubTime":"2021-04-16 15:21","market":"sh","language":"en","title":"China stocks end higher as country's GDP hits record growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2127283686","media":"Reuters","summary":"SHANGHAI, April 16 (Reuters) - China stocks ended higher on Friday, as investors cheered robust GDP ","content":"<p>SHANGHAI, April 16 (Reuters) - China stocks ended higher on Friday, as investors cheered robust GDP growth recorded in the first quarter, though lingering worries over policy tightening by Beijing pushed equities to post a weekly loss.</p><p>The blue-chip CSI300 index ended up 0.4% at 4,966.18, while the Shanghai Composite Index added 0.8%to 3,426.62.</p><p>China's economic recovery quickened sharply in the first quarter from a coronavirus-induced slump earlier last year, propelled by stronger demand at home and abroad and continued government support for smaller firms.</p><p>The country's GDP jumped a record 18.3% in the first quarter from a year earlier, official data showed on Friday, slower than the 19% forecast by economists in a Reuters poll, and following 6.5% growth in the fourth quarter last year.</p><p>\"The GDP data is a bit better than my expectations, while the robust corporate earnings for the year of 2020 and the first quarter of 2021 could also help provide support for the A-share market,\" said Yan Kaiwen, an analyst with China Fortune Securities.</p><p>Though stocks lost ground for the week on persistent worries that recent upbeat economic data could reinforce Beijing's policy tightening bias, even as Beijing had pledged no sudden policy shift. The CSI300 dropped 1.4%, while SSEC slipped 0.7%.</p><p>Also souring sentiment were ongoing tensions between Beijing and Washington.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China stocks end higher as country's GDP hits record growth</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 stocks end higher as country's GDP hits record growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-16 15:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, April 16 (Reuters) - China stocks ended higher on Friday, as investors cheered robust GDP growth recorded in the first quarter, though lingering worries over policy tightening by Beijing pushed equities to post a weekly loss.</p><p>The blue-chip CSI300 index ended up 0.4% at 4,966.18, while the Shanghai Composite Index added 0.8%to 3,426.62.</p><p>China's economic recovery quickened sharply in the first quarter from a coronavirus-induced slump earlier last year, propelled by stronger demand at home and abroad and continued government support for smaller firms.</p><p>The country's GDP jumped a record 18.3% in the first quarter from a year earlier, official data showed on Friday, slower than the 19% forecast by economists in a Reuters poll, and following 6.5% growth in the fourth quarter last year.</p><p>\"The GDP data is a bit better than my expectations, while the robust corporate earnings for the year of 2020 and the first quarter of 2021 could also help provide support for the A-share market,\" said Yan Kaiwen, an analyst with China Fortune Securities.</p><p>Though stocks lost ground for the week on persistent worries that recent upbeat economic data could reinforce Beijing's policy tightening bias, even as Beijing had pledged no sudden policy shift. The CSI300 dropped 1.4%, while SSEC slipped 0.7%.</p><p>Also souring sentiment were ongoing tensions between Beijing and Washington.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127283686","content_text":"SHANGHAI, April 16 (Reuters) - China stocks ended higher on Friday, as investors cheered robust GDP growth recorded in the first quarter, though lingering worries over policy tightening by Beijing pushed equities to post a weekly loss.The blue-chip CSI300 index ended up 0.4% at 4,966.18, while the Shanghai Composite Index added 0.8%to 3,426.62.China's economic recovery quickened sharply in the first quarter from a coronavirus-induced slump earlier last year, propelled by stronger demand at home and abroad and continued government support for smaller firms.The country's GDP jumped a record 18.3% in the first quarter from a year earlier, official data showed on Friday, slower than the 19% forecast by economists in a Reuters poll, and following 6.5% growth in the fourth quarter last year.\"The GDP data is a bit better than my expectations, while the robust corporate earnings for the year of 2020 and the first quarter of 2021 could also help provide support for the A-share market,\" said Yan Kaiwen, an analyst with China Fortune Securities.Though stocks lost ground for the week on persistent worries that recent upbeat economic data could reinforce Beijing's policy tightening bias, even as Beijing had pledged no sudden policy shift. The CSI300 dropped 1.4%, while SSEC slipped 0.7%.Also souring sentiment were ongoing tensions between Beijing and Washington.","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":1503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":370102731,"gmtCreate":1618559504123,"gmtModify":1704712718458,"author":{"id":"3581651431761930","authorId":"3581651431761930","name":"T3M1N4T0R","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581651431761930","authorIdStr":"3581651431761930"},"themes":[],"htmlText":"Based on existing trend, I think Apple will likely only double in 3 years.","listText":"Based on existing trend, I think Apple will likely only double in 3 years.","text":"Based on existing trend, I think Apple will likely only double in 3 years.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370102731","repostId":"1142633815","repostType":4,"isVote":1,"tweetType":1,"viewCount":2242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370102934,"gmtCreate":1618559400328,"gmtModify":1704712717161,"author":{"id":"3581651431761930","authorId":"3581651431761930","name":"T3M1N4T0R","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581651431761930","authorIdStr":"3581651431761930"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370102934","repostId":"1113132904","repostType":4,"repost":{"id":"1113132904","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1618557385,"share":"https://ttm.financial/m/news/1113132904?lang=en_US&edition=fundamental","pubTime":"2021-04-16 15:16","market":"sg","language":"en","title":"Grab considering secondary Singapore listing after U.S. SPAC merger - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1113132904","media":"Reuters","summary":"Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing i","content":"<p>Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said.</p><p>Listing on Singapore Exchange&nbsp;would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares.</p><p>Grab, a household name across Southeast Asia, is in the early stages of considering a secondary listing in the city-state, said the sources, who declined to be identified as they were not authorised to speak about the matter.</p><p>The potential Singapore listing plans come after Grab this week agreed a $40 billion merger with Altimeter Growth Corp., a special purpose acquisition company (SPAC), making this the world's biggest SPAC deal.</p><p>Grab, which began as a ride-hailing business in 2012, now operates in eight countries and more than 400 cities and has expanded into food and grocery deliveries, as well as digital payments. Last year, it won a digital banking licence in Singapore.</p><p>It wasn't clear how much Grab might aim to raise in any secondary listing, with financial terms and timetable still in the early stages of consideration, the sources said.</p><p>The company with the top valuation on the Singapore bourse is bank DBS Group Ltd(DBSM.SI), currently worth about S$74 billion ($55.4 billion) by capitalisation.</p><p>Grab and SGX declined to comment on the listing plans.</p><p>One of the sources said that while Grab has sufficient cash reserves and could end up raising only a small amount on SGX, a listing would mark a big win for the exchange.</p><p>SGX has mainly only seen large IPOs from real estate investment trusts. Hindered by a small base of retail investors in the city-state, it has struggled with low liquidity and valuations, forcing a spate of delistings and also discouraging big-ticket listings from regional high-growth companies.</p><p>The Hong Kong bourse, however, has benefited from diplomatic and political tensions between the United States and China that have led many Chinese firms to seek secondary listings in Hong Kong. Global fund managers have also been swapping China holdings from Wall Street to Hong Kong.</p><p>SGX has taken many steps to try to bulk up its stock market in recent years, and under Chief Executive Loh Boon Chye, who was appointed six years ago, it has acquired firms to transform itself into a multi-asset exchange.</p><p>Currently, there are 28 companies with a secondary listing on SGX, including Malaysia's IHH Healthcare Bhd(IHHH.KL)and Top Glove Corp Bhd&nbsp;and Hong Kong conglomerate Jardine Matheson Holdings.</p><p>Last year, AMTD International became the first NYSE-listed firm to list on SGX. It also became the first to take advantage of a dual-class share structure in Singapore.</p><p>For Grab, as part of the SPAC merger, it's raising $4 billion from global investors including BlackRock, Temasek Holdings, Fidelity International, Malaysia's Permodalan Nasional Bhd and some of Indonesia's richest family groups.</p><p>($1 = 1.3351 Singapore dollars)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab considering secondary Singapore listing after U.S. SPAC merger - sources</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\">\nGrab considering secondary Singapore listing after U.S. SPAC merger - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-16 15:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said.</p><p>Listing on Singapore Exchange&nbsp;would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares.</p><p>Grab, a household name across Southeast Asia, is in the early stages of considering a secondary listing in the city-state, said the sources, who declined to be identified as they were not authorised to speak about the matter.</p><p>The potential Singapore listing plans come after Grab this week agreed a $40 billion merger with Altimeter Growth Corp., a special purpose acquisition company (SPAC), making this the world's biggest SPAC deal.</p><p>Grab, which began as a ride-hailing business in 2012, now operates in eight countries and more than 400 cities and has expanded into food and grocery deliveries, as well as digital payments. Last year, it won a digital banking licence in Singapore.</p><p>It wasn't clear how much Grab might aim to raise in any secondary listing, with financial terms and timetable still in the early stages of consideration, the sources said.</p><p>The company with the top valuation on the Singapore bourse is bank DBS Group Ltd(DBSM.SI), currently worth about S$74 billion ($55.4 billion) by capitalisation.</p><p>Grab and SGX declined to comment on the listing plans.</p><p>One of the sources said that while Grab has sufficient cash reserves and could end up raising only a small amount on SGX, a listing would mark a big win for the exchange.</p><p>SGX has mainly only seen large IPOs from real estate investment trusts. Hindered by a small base of retail investors in the city-state, it has struggled with low liquidity and valuations, forcing a spate of delistings and also discouraging big-ticket listings from regional high-growth companies.</p><p>The Hong Kong bourse, however, has benefited from diplomatic and political tensions between the United States and China that have led many Chinese firms to seek secondary listings in Hong Kong. Global fund managers have also been swapping China holdings from Wall Street to Hong Kong.</p><p>SGX has taken many steps to try to bulk up its stock market in recent years, and under Chief Executive Loh Boon Chye, who was appointed six years ago, it has acquired firms to transform itself into a multi-asset exchange.</p><p>Currently, there are 28 companies with a secondary listing on SGX, including Malaysia's IHH Healthcare Bhd(IHHH.KL)and Top Glove Corp Bhd&nbsp;and Hong Kong conglomerate Jardine Matheson Holdings.</p><p>Last year, AMTD International became the first NYSE-listed firm to list on SGX. It also became the first to take advantage of a dual-class share structure in Singapore.</p><p>For Grab, as part of the SPAC merger, it's raising $4 billion from global investors including BlackRock, Temasek Holdings, Fidelity International, Malaysia's Permodalan Nasional Bhd and some of Indonesia's richest family groups.</p><p>($1 = 1.3351 Singapore dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W","BLK":"贝莱德","SFTBY":"软银集团","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113132904","content_text":"Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said.Listing on Singapore Exchange would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares.Grab, a household name across Southeast Asia, is in the early stages of considering a secondary listing in the city-state, said the sources, who declined to be identified as they were not authorised to speak about the matter.The potential Singapore listing plans come after Grab this week agreed a $40 billion merger with Altimeter Growth Corp., a special purpose acquisition company (SPAC), making this the world's biggest SPAC deal.Grab, which began as a ride-hailing business in 2012, now operates in eight countries and more than 400 cities and has expanded into food and grocery deliveries, as well as digital payments. Last year, it won a digital banking licence in Singapore.It wasn't clear how much Grab might aim to raise in any secondary listing, with financial terms and timetable still in the early stages of consideration, the sources said.The company with the top valuation on the Singapore bourse is bank DBS Group Ltd(DBSM.SI), currently worth about S$74 billion ($55.4 billion) by capitalisation.Grab and SGX declined to comment on the listing plans.One of the sources said that while Grab has sufficient cash reserves and could end up raising only a small amount on SGX, a listing would mark a big win for the exchange.SGX has mainly only seen large IPOs from real estate investment trusts. Hindered by a small base of retail investors in the city-state, it has struggled with low liquidity and valuations, forcing a spate of delistings and also discouraging big-ticket listings from regional high-growth companies.The Hong Kong bourse, however, has benefited from diplomatic and political tensions between the United States and China that have led many Chinese firms to seek secondary listings in Hong Kong. Global fund managers have also been swapping China holdings from Wall Street to Hong Kong.SGX has taken many steps to try to bulk up its stock market in recent years, and under Chief Executive Loh Boon Chye, who was appointed six years ago, it has acquired firms to transform itself into a multi-asset exchange.Currently, there are 28 companies with a secondary listing on SGX, including Malaysia's IHH Healthcare Bhd(IHHH.KL)and Top Glove Corp Bhd and Hong Kong conglomerate Jardine Matheson Holdings.Last year, AMTD International became the first NYSE-listed firm to list on SGX. It also became the first to take advantage of a dual-class share structure in Singapore.For Grab, as part of the SPAC merger, it's raising $4 billion from global investors including BlackRock, Temasek Holdings, Fidelity International, Malaysia's Permodalan Nasional Bhd and some of Indonesia's richest family groups.($1 = 1.3351 Singapore dollars)","news_type":1,"symbols_score_info":{"BLK":0.9,"UBER":0.9,"09988":0.9,"AGC":0.9,"BABA":0.9,"SFTBY":0.9}},"isVote":1,"tweetType":1,"viewCount":1782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370106345,"gmtCreate":1618559355787,"gmtModify":1704712715703,"author":{"id":"3581651431761930","authorId":"3581651431761930","name":"T3M1N4T0R","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581651431761930","authorIdStr":"3581651431761930"},"themes":[],"htmlText":"Interesting read!","listText":"Interesting read!","text":"Interesting read!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370106345","repostId":"2127283686","repostType":4,"repost":{"id":"2127283686","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1618557675,"share":"https://ttm.financial/m/news/2127283686?lang=en_US&edition=fundamental","pubTime":"2021-04-16 15:21","market":"sh","language":"en","title":"China stocks end higher as country's GDP hits record growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2127283686","media":"Reuters","summary":"SHANGHAI, April 16 (Reuters) - China stocks ended higher on Friday, as investors cheered robust GDP ","content":"<p>SHANGHAI, April 16 (Reuters) - China stocks ended higher on Friday, as investors cheered robust GDP growth recorded in the first quarter, though lingering worries over policy tightening by Beijing pushed equities to post a weekly loss.</p><p>The blue-chip CSI300 index ended up 0.4% at 4,966.18, while the Shanghai Composite Index added 0.8%to 3,426.62.</p><p>China's economic recovery quickened sharply in the first quarter from a coronavirus-induced slump earlier last year, propelled by stronger demand at home and abroad and continued government support for smaller firms.</p><p>The country's GDP jumped a record 18.3% in the first quarter from a year earlier, official data showed on Friday, slower than the 19% forecast by economists in a Reuters poll, and following 6.5% growth in the fourth quarter last year.</p><p>\"The GDP data is a bit better than my expectations, while the robust corporate earnings for the year of 2020 and the first quarter of 2021 could also help provide support for the A-share market,\" said Yan Kaiwen, an analyst with China Fortune Securities.</p><p>Though stocks lost ground for the week on persistent worries that recent upbeat economic data could reinforce Beijing's policy tightening bias, even as Beijing had pledged no sudden policy shift. The CSI300 dropped 1.4%, while SSEC slipped 0.7%.</p><p>Also souring sentiment were ongoing tensions between Beijing and Washington.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China stocks end higher as country's GDP hits record growth</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 stocks end higher as country's GDP hits record growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-16 15:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, April 16 (Reuters) - China stocks ended higher on Friday, as investors cheered robust GDP growth recorded in the first quarter, though lingering worries over policy tightening by Beijing pushed equities to post a weekly loss.</p><p>The blue-chip CSI300 index ended up 0.4% at 4,966.18, while the Shanghai Composite Index added 0.8%to 3,426.62.</p><p>China's economic recovery quickened sharply in the first quarter from a coronavirus-induced slump earlier last year, propelled by stronger demand at home and abroad and continued government support for smaller firms.</p><p>The country's GDP jumped a record 18.3% in the first quarter from a year earlier, official data showed on Friday, slower than the 19% forecast by economists in a Reuters poll, and following 6.5% growth in the fourth quarter last year.</p><p>\"The GDP data is a bit better than my expectations, while the robust corporate earnings for the year of 2020 and the first quarter of 2021 could also help provide support for the A-share market,\" said Yan Kaiwen, an analyst with China Fortune Securities.</p><p>Though stocks lost ground for the week on persistent worries that recent upbeat economic data could reinforce Beijing's policy tightening bias, even as Beijing had pledged no sudden policy shift. The CSI300 dropped 1.4%, while SSEC slipped 0.7%.</p><p>Also souring sentiment were ongoing tensions between Beijing and Washington.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127283686","content_text":"SHANGHAI, April 16 (Reuters) - China stocks ended higher on Friday, as investors cheered robust GDP growth recorded in the first quarter, though lingering worries over policy tightening by Beijing pushed equities to post a weekly loss.The blue-chip CSI300 index ended up 0.4% at 4,966.18, while the Shanghai Composite Index added 0.8%to 3,426.62.China's economic recovery quickened sharply in the first quarter from a coronavirus-induced slump earlier last year, propelled by stronger demand at home and abroad and continued government support for smaller firms.The country's GDP jumped a record 18.3% in the first quarter from a year earlier, official data showed on Friday, slower than the 19% forecast by economists in a Reuters poll, and following 6.5% growth in the fourth quarter last year.\"The GDP data is a bit better than my expectations, while the robust corporate earnings for the year of 2020 and the first quarter of 2021 could also help provide support for the A-share market,\" said Yan Kaiwen, an analyst with China Fortune Securities.Though stocks lost ground for the week on persistent worries that recent upbeat economic data could reinforce Beijing's policy tightening bias, even as Beijing had pledged no sudden policy shift. The CSI300 dropped 1.4%, while SSEC slipped 0.7%.Also souring sentiment were ongoing tensions between Beijing and Washington.","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":1503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370102590,"gmtCreate":1618559461210,"gmtModify":1704712718296,"author":{"id":"3581651431761930","authorId":"3581651431761930","name":"T3M1N4T0R","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581651431761930","authorIdStr":"3581651431761930"},"themes":[],"htmlText":"I think tesla will still continue to reach newer highs!","listText":"I think tesla will still continue to reach newer highs!","text":"I think tesla will still continue to reach newer highs!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370102590","repostId":"1153076451","repostType":4,"isVote":1,"tweetType":1,"viewCount":1592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}