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China shares search for footing as state media urges calm
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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":1627449326,"share":"https://ttm.financial/m/news/2154418789?lang=&edition=fundamental","pubTime":"2021-07-28 13:15","market":"hk","language":"en","title":"China shares search for footing as state media urges calm","url":"https://stock-news.laohu8.com/highlight/detail?id=2154418789","media":"Reuters","summary":"* SSEC -0.59%; CSI300 flat, HSI -0.24%\n* Yuan, Chinese government bonds stable after late sell-off\n*","content":"<p>* SSEC -0.59%; CSI300 flat, HSI -0.24%</p>\n<p>* Yuan, Chinese government bonds stable after late sell-off</p>\n<p>* Yuan traders shift focus to U.S. Fed meeting</p>\n<p>* State-owned papers urge calm after rout</p>\n<p>SHANGHAI, July 28 (Reuters) - Chinese shares fell on Wednesday but trimmed earlier losses amid volatile trade as state-run financial media called for calm following a wild rout triggered by investor concerns about tightening government regulation.</p>\n<p>The Shanghai Composite Index fell as much as 2% before finishing the morning session down 0.59%. The blue-chip CSI300 index clawed back some its losses to end the morning flat, but was still down more than 6.6% for the week.</p>\n<p>In Hong Kong, the benchmark Hang Seng Index flitted between gains and losses to fall 0.24% at midday after plunging an eight-month closing low a day earlier. The Hang Seng China Enterprises Index was up 0.38%.</p>\n<p>Andy Maynard, head of equities at China Renaissance in Hong Kong, said the market mood on Wednesday was \"nervous\" rather than panicked.</p>\n<p>\"Is the downside over? No it's not. Do we think there's going to be more? Yes, there probably is. Do I think there's some relief here? Yes.\"</p>\n<p>The Hang Seng Tech index , which hit record lows a day earlier, was barely lower. Real estate firms in Hong Kong rose 1.5% even as a mainland index tracking the sector fell 0.45%.</p>\n<p>A CSI index tracking education firms listed on mainland and Hong Kong markets fell 0.52%.</p>\n<p>The wobbly trade in Chinese markets came as state-owned securities newspaper urged calm for A-share investors on Wednesday.</p>\n<p>The Securities Times wrote the market \"will stabilise at any moment\" after regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week.</p>\n<p>Fixed income and foreign exchange markets were relatively steady on Wednesday after succumbing to Tuesday's sell-off. The most-traded 10-year Chinese government bond futures, for September delivery , were last down 0.09%, following a 0.35% drop a day earlier.</p>\n<p>China's yuan firmed from a more than three-month trough against the dollar hit a day earlier, as some investors expected major state banks could step in soon to support the currency. The yuan's late slump fed into the People's Bank of China's weakest daily fixing in three months on Wednesday.</p>\n<p>Some traders said much attention had shifted from domestic markets to the outcome of a two-day U.S. Federal Reserve meeting due later in the session, which could affect the trajectory of the dollar and other major currencies.</p>\n<p>\"Maybe the authorities want some weakness in the yuan for the time being, but an overshoot could definitely prompt some actions,\" said a trader at a Chinese bank.</p>\n<p>The onshore spot yuan was last at 6.5055 per dollar and the offshore yuan strengthened to 6.5139 per dollar.</p>\n<p>China's regulatory moves seem \"to have led to a further reassessment of the extent to which the Chinese authorities are happy to make life more difficult for private business in the pursuit of other aims,\" Oliver Allen, markets economist at Capital Economics said in a note.</p>\n<p>\"That is obviously bad news for certain Chinese firms, but it need not have major consequences for markets elsewhere.\"</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 shares search for footing as state media urges calm</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 shares search for footing as state media urges calm\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\">2021-07-28 13:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* SSEC -0.59%; CSI300 flat, HSI -0.24%</p>\n<p>* Yuan, Chinese government bonds stable after late sell-off</p>\n<p>* Yuan traders shift focus to U.S. Fed meeting</p>\n<p>* State-owned papers urge calm after rout</p>\n<p>SHANGHAI, July 28 (Reuters) - Chinese shares fell on Wednesday but trimmed earlier losses amid volatile trade as state-run financial media called for calm following a wild rout triggered by investor concerns about tightening government regulation.</p>\n<p>The Shanghai Composite Index fell as much as 2% before finishing the morning session down 0.59%. The blue-chip CSI300 index clawed back some its losses to end the morning flat, but was still down more than 6.6% for the week.</p>\n<p>In Hong Kong, the benchmark Hang Seng Index flitted between gains and losses to fall 0.24% at midday after plunging an eight-month closing low a day earlier. The Hang Seng China Enterprises Index was up 0.38%.</p>\n<p>Andy Maynard, head of equities at China Renaissance in Hong Kong, said the market mood on Wednesday was \"nervous\" rather than panicked.</p>\n<p>\"Is the downside over? No it's not. Do we think there's going to be more? Yes, there probably is. Do I think there's some relief here? Yes.\"</p>\n<p>The Hang Seng Tech index , which hit record lows a day earlier, was barely lower. Real estate firms in Hong Kong rose 1.5% even as a mainland index tracking the sector fell 0.45%.</p>\n<p>A CSI index tracking education firms listed on mainland and Hong Kong markets fell 0.52%.</p>\n<p>The wobbly trade in Chinese markets came as state-owned securities newspaper urged calm for A-share investors on Wednesday.</p>\n<p>The Securities Times wrote the market \"will stabilise at any moment\" after regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week.</p>\n<p>Fixed income and foreign exchange markets were relatively steady on Wednesday after succumbing to Tuesday's sell-off. The most-traded 10-year Chinese government bond futures, for September delivery , were last down 0.09%, following a 0.35% drop a day earlier.</p>\n<p>China's yuan firmed from a more than three-month trough against the dollar hit a day earlier, as some investors expected major state banks could step in soon to support the currency. The yuan's late slump fed into the People's Bank of China's weakest daily fixing in three months on Wednesday.</p>\n<p>Some traders said much attention had shifted from domestic markets to the outcome of a two-day U.S. Federal Reserve meeting due later in the session, which could affect the trajectory of the dollar and other major currencies.</p>\n<p>\"Maybe the authorities want some weakness in the yuan for the time being, but an overshoot could definitely prompt some actions,\" said a trader at a Chinese bank.</p>\n<p>The onshore spot yuan was last at 6.5055 per dollar and the offshore yuan strengthened to 6.5139 per dollar.</p>\n<p>China's regulatory moves seem \"to have led to a further reassessment of the extent to which the Chinese authorities are happy to make life more difficult for private business in the pursuit of other aims,\" Oliver Allen, markets economist at Capital Economics said in a note.</p>\n<p>\"That is obviously bad news for certain Chinese firms, but it need not have major consequences for markets elsewhere.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154418789","content_text":"* SSEC -0.59%; CSI300 flat, HSI -0.24%\n* Yuan, Chinese government bonds stable after late sell-off\n* Yuan traders shift focus to U.S. Fed meeting\n* State-owned papers urge calm after rout\nSHANGHAI, July 28 (Reuters) - Chinese shares fell on Wednesday but trimmed earlier losses amid volatile trade as state-run financial media called for calm following a wild rout triggered by investor concerns about tightening government regulation.\nThe Shanghai Composite Index fell as much as 2% before finishing the morning session down 0.59%. The blue-chip CSI300 index clawed back some its losses to end the morning flat, but was still down more than 6.6% for the week.\nIn Hong Kong, the benchmark Hang Seng Index flitted between gains and losses to fall 0.24% at midday after plunging an eight-month closing low a day earlier. The Hang Seng China Enterprises Index was up 0.38%.\nAndy Maynard, head of equities at China Renaissance in Hong Kong, said the market mood on Wednesday was \"nervous\" rather than panicked.\n\"Is the downside over? No it's not. Do we think there's going to be more? Yes, there probably is. Do I think there's some relief here? Yes.\"\nThe Hang Seng Tech index , which hit record lows a day earlier, was barely lower. Real estate firms in Hong Kong rose 1.5% even as a mainland index tracking the sector fell 0.45%.\nA CSI index tracking education firms listed on mainland and Hong Kong markets fell 0.52%.\nThe wobbly trade in Chinese markets came as state-owned securities newspaper urged calm for A-share investors on Wednesday.\nThe Securities Times wrote the market \"will stabilise at any moment\" after regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week.\nFixed income and foreign exchange markets were relatively steady on Wednesday after succumbing to Tuesday's sell-off. The most-traded 10-year Chinese government bond futures, for September delivery , were last down 0.09%, following a 0.35% drop a day earlier.\nChina's yuan firmed from a more than three-month trough against the dollar hit a day earlier, as some investors expected major state banks could step in soon to support the currency. The yuan's late slump fed into the People's Bank of China's weakest daily fixing in three months on Wednesday.\nSome traders said much attention had shifted from domestic markets to the outcome of a two-day U.S. Federal Reserve meeting due later in the session, which could affect the trajectory of the dollar and other major currencies.\n\"Maybe the authorities want some weakness in the yuan for the time being, but an overshoot could definitely prompt some actions,\" said a trader at a Chinese bank.\nThe onshore spot yuan was last at 6.5055 per dollar and the offshore yuan strengthened to 6.5139 per dollar.\nChina's regulatory moves seem \"to have led to a further reassessment of the extent to which the Chinese authorities are happy to make life more difficult for private business in the pursuit of other aims,\" Oliver Allen, markets economist at Capital Economics said in a note.\n\"That is obviously bad news for certain Chinese firms, but it need not have major consequences for markets elsewhere.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801394663,"gmtCreate":1627482032452,"gmtModify":1703490862499,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581798419726515","idStr":"3581798419726515"},"themes":[],"htmlText":"Help","listText":"Help","text":"Help","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801394663","repostId":"2154147947","repostType":2,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801398453,"gmtCreate":1627481906772,"gmtModify":1703490855444,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581798419726515","idStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GOTU\">$Gaotu Techedu Inc.(GOTU)$</a>gogo","listText":"<a href=\"https://laohu8.com/S/GOTU\">$Gaotu Techedu Inc.(GOTU)$</a>gogo","text":"$Gaotu Techedu Inc.(GOTU)$gogo","images":[{"img":"https://static.tigerbbs.com/186eb2e7a5a642c8a74c4f08af9df6b8","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801398453","isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":177803159,"gmtCreate":1627191706371,"gmtModify":1703485382789,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581798419726515","idStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>waiting to fly","listText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>waiting to fly","text":"$Meta Materials Inc.(MMAT)$waiting to fly","images":[{"img":"https://static.tigerbbs.com/13dac997d15ddd531a87f80ffb4c2c7f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177803159","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":172540528,"gmtCreate":1626968014964,"gmtModify":1703481662331,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581798419726515","idStr":"3581798419726515"},"themes":[],"htmlText":"Going to all time high","listText":"Going to all time high","text":"Going to all time high","images":[{"img":"https://static.tigerbbs.com/13ee9492cf353a34842b9469178d9a08","width":"1080","height":"3165"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172540528","isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":178333341,"gmtCreate":1626787724883,"gmtModify":1703765161120,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581798419726515","idStr":"3581798419726515"},"themes":[],"htmlText":"Nio will be future","listText":"Nio will be future","text":"Nio will be future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178333341","repostId":"1199229497","repostType":4,"repost":{"id":"1199229497","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626770417,"share":"https://ttm.financial/m/news/1199229497?lang=&edition=fundamental","pubTime":"2021-07-20 16:40","market":"us","language":"en","title":"Nio was up over 2% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1199229497","media":"Tiger Newspress","summary":" $NIO Inc.$ was up over 2% in premarket trading. Days ago Nio subsidiary buys stake in chipmaker amid crippling global semiconductor shortage.What Happened: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan and bring in investors, as per the report.Nio’s subsidiary Weiran Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million .Weiran is wholly owned by XPT, NIO's motor bus","content":"<p>(July 20) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> was up over 2% in premarket trading. Days ago Nio subsidiary buys stake in chipmaker amid crippling global semiconductor shortage.</p>\n<p><img src=\"https://static.tigerbbs.com/9a051b22f9aae28d36256590e6d5631f\" tg-width=\"709\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p>\n<p>A subsidiary of Chinese electric vehicle maker <b>Nio Inc.</b> has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.</p>\n<p><b>What Happened</b>: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.</p>\n<p>Nio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).</p>\n<p>Weiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.</p>\n<p><b>Why It Matters</b>: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.</p>\n<p>More industry voices are now indicating the shortages could spill over to next year and requires investment. In April,<b>Intel Corp.</b>INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.</p>\n<p>It wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.</p>\n<p><b>Price Action</b>: Nio’s shares closed more than 1% higher in Monday’s trading at $43.35.</p>\n<p>Other EV stocks rally continue in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/dd4b80ed4d842e96ca95301c6bc62068\" tg-width=\"283\" tg-height=\"165\" referrerpolicy=\"no-referrer\"><b>Tesla</b>-<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>. saw registrations of its Chinese-made cars climb again last month as promotions toward the quarter-end helped offset a string of negative press around customer complaints and quality concerns.</p>\n<p>Registrations of Model 3 sedans and Model Y sports utility vehicles made at Tesla’s Shanghai factory totaled 28,508 units in June, a 29% increase from May and more than double the figure in April, data from <a href=\"https://laohu8.com/S/CAAS\">China</a> Automotive <a href=\"https://laohu8.com/S/III\">Information</a> Net show. Model 3 registrations rebounded to 16,995, while Model Y’s hit 11,513, a 10% drop from May.</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>Nio was up over 2% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio was up over 2% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-20 16:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July 20) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> was up over 2% in premarket trading. Days ago Nio subsidiary buys stake in chipmaker amid crippling global semiconductor shortage.</p>\n<p><img src=\"https://static.tigerbbs.com/9a051b22f9aae28d36256590e6d5631f\" tg-width=\"709\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p>\n<p>A subsidiary of Chinese electric vehicle maker <b>Nio Inc.</b> has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.</p>\n<p><b>What Happened</b>: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.</p>\n<p>Nio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).</p>\n<p>Weiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.</p>\n<p><b>Why It Matters</b>: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.</p>\n<p>More industry voices are now indicating the shortages could spill over to next year and requires investment. In April,<b>Intel Corp.</b>INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.</p>\n<p>It wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.</p>\n<p><b>Price Action</b>: Nio’s shares closed more than 1% higher in Monday’s trading at $43.35.</p>\n<p>Other EV stocks rally continue in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/dd4b80ed4d842e96ca95301c6bc62068\" tg-width=\"283\" tg-height=\"165\" referrerpolicy=\"no-referrer\"><b>Tesla</b>-<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>. saw registrations of its Chinese-made cars climb again last month as promotions toward the quarter-end helped offset a string of negative press around customer complaints and quality concerns.</p>\n<p>Registrations of Model 3 sedans and Model Y sports utility vehicles made at Tesla’s Shanghai factory totaled 28,508 units in June, a 29% increase from May and more than double the figure in April, data from <a href=\"https://laohu8.com/S/CAAS\">China</a> Automotive <a href=\"https://laohu8.com/S/III\">Information</a> Net show. Model 3 registrations rebounded to 16,995, while Model Y’s hit 11,513, a 10% drop from May.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199229497","content_text":"(July 20) NIO Inc. was up over 2% in premarket trading. Days ago Nio subsidiary buys stake in chipmaker amid crippling global semiconductor shortage.\n\nA subsidiary of Chinese electric vehicle maker Nio Inc. has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.\nWhat Happened: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.\nNio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).\nWeiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.\nWhy It Matters: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.\nMore industry voices are now indicating the shortages could spill over to next year and requires investment. In April,Intel Corp.INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.\nIt wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.\nPrice Action: Nio’s shares closed more than 1% higher in Monday’s trading at $43.35.\nOther EV stocks rally continue in premarket trading.\nTesla-Tesla Motors. saw registrations of its Chinese-made cars climb again last month as promotions toward the quarter-end helped offset a string of negative press around customer complaints and quality concerns.\nRegistrations of Model 3 sedans and Model Y sports utility vehicles made at Tesla’s Shanghai factory totaled 28,508 units in June, a 29% increase from May and more than double the figure in April, data from China Automotive Information Net show. Model 3 registrations rebounded to 16,995, while Model Y’s hit 11,513, a 10% drop from May.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178397766,"gmtCreate":1626787624755,"gmtModify":1703765158344,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581798419726515","idStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRTD\">$Creatd Inc(CRTD)$</a>let's fly","listText":"<a href=\"https://laohu8.com/S/CRTD\">$Creatd Inc(CRTD)$</a>let's fly","text":"$Creatd Inc(CRTD)$let's 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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":1625151197,"share":"https://ttm.financial/m/news/2148295558?lang=&edition=fundamental","pubTime":"2021-07-01 22:53","market":"us","language":"en","title":"Nio, XPeng Clock Record June Deliveries: Which EV Maker Outperformed?","url":"https://stock-news.laohu8.com/highlight/detail?id=2148295558","media":"Benzinga","summary":"The Chinese EV start-ups, Nio Inc. (NYSE: NIO) and XPeng Inc. (NYSE: XPEV), reported stellar delive","content":"<p>The Chinese EV start-ups, <b> Nio Inc. </b>(NYSE: NIO) and <b>XPeng Inc. </b>(NYSE: XPEV), reported stellar deliveries for June, sending their shares higher Thursday.</p>\n<p><b>Nio Vs. XPeng - How June Growth Compares: </b> Nio reported June deliveries of 8,083 vehicles, while peer XPeng June deliveries stood at 6,565 vehicles. The monthly numbers represented records for both companies.</p>\n<p>Nio's deliveries increased 116.1% year-over-year, while XPeng's jumped 617%. The month-over-month increases for the EV makers were at 20.4% and 15.5%, respectively.</p>\n<p>Nio sold 1,498 ES8s, 3,755 ES6s, and 2,830 EC6s during June, while XPeng's monthly numbers included 4,730 for its sports smart sedan P7 1,835 for smart compact SUV G3. Year-to-date, total deliveries reached 30,738 units, a 459% increase year-over-year.</p>\n<p>XPeng noted that P7 deliveries were witnessing rising popularity among China's tech-savvy consumers. \"The P7's Navigation Guided Pilot (NGP) highway solutions are attracting wide customer appeal, reinforcing the Company's commitment to technology innovation,\" the company said in the statement.</p>\n<p><b>Nio Vs. XPeng: How Q2 Compares to Guidance: </b> Nio's quarterly number was at a record 21,896 units, which fell within the company's guidance range of 21,000-22,000. The company noted that Q2 marked the fifth straight year of quarter-over-quarter growth.</p>\n<p>XPeng also reported record second-quarter deliveries of 17,398, which exceeded the guidance range of 15,500-16,000.</p>\n<p><b>What Lies Ahead: </b> Nio has expanded into Norway and is on track to sell its ES8s in the European nation. The company is also reportedly interested in a model catering to the mid-and low-end of the market. The much-envied ET7 sedan unveiled by Nio in January is likely to be commercially marketed in the first quarter of 2022.</p>\n<p>XPeng said it plans to launch the G3i SUV, the new mid-phase facelift version of G3, in July 2021, with deliveries scheduled for September. The company also plans to launch its third production model, the P5 sedan, in the third quarter, with deliveries expected in the fourth quarter.</p>\n<p>\"Upon delivery, the P5 will be the world's first mass-produced Smart EV equipped with auto-grade LiDAR technology,\" the company said.</p>\n<p><b>Price Action: </b> In premarket trading, Nio shares were up 2.73% at $54.65, while XPeng gained 3.85% to $46.13.</p>\n<p>Year-to-date period, Nio shares are up 9.2%, and XPeng has gained 3.7%.</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>Nio, XPeng Clock Record June Deliveries: Which EV Maker Outperformed?</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\">\nNio, XPeng Clock Record June Deliveries: Which EV Maker Outperformed?\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\">2021-07-01 22:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Chinese EV start-ups, <b> Nio Inc. </b>(NYSE: NIO) and <b>XPeng Inc. </b>(NYSE: XPEV), reported stellar deliveries for June, sending their shares higher Thursday.</p>\n<p><b>Nio Vs. XPeng - How June Growth Compares: </b> Nio reported June deliveries of 8,083 vehicles, while peer XPeng June deliveries stood at 6,565 vehicles. The monthly numbers represented records for both companies.</p>\n<p>Nio's deliveries increased 116.1% year-over-year, while XPeng's jumped 617%. The month-over-month increases for the EV makers were at 20.4% and 15.5%, respectively.</p>\n<p>Nio sold 1,498 ES8s, 3,755 ES6s, and 2,830 EC6s during June, while XPeng's monthly numbers included 4,730 for its sports smart sedan P7 1,835 for smart compact SUV G3. Year-to-date, total deliveries reached 30,738 units, a 459% increase year-over-year.</p>\n<p>XPeng noted that P7 deliveries were witnessing rising popularity among China's tech-savvy consumers. \"The P7's Navigation Guided Pilot (NGP) highway solutions are attracting wide customer appeal, reinforcing the Company's commitment to technology innovation,\" the company said in the statement.</p>\n<p><b>Nio Vs. XPeng: How Q2 Compares to Guidance: </b> Nio's quarterly number was at a record 21,896 units, which fell within the company's guidance range of 21,000-22,000. The company noted that Q2 marked the fifth straight year of quarter-over-quarter growth.</p>\n<p>XPeng also reported record second-quarter deliveries of 17,398, which exceeded the guidance range of 15,500-16,000.</p>\n<p><b>What Lies Ahead: </b> Nio has expanded into Norway and is on track to sell its ES8s in the European nation. The company is also reportedly interested in a model catering to the mid-and low-end of the market. The much-envied ET7 sedan unveiled by Nio in January is likely to be commercially marketed in the first quarter of 2022.</p>\n<p>XPeng said it plans to launch the G3i SUV, the new mid-phase facelift version of G3, in July 2021, with deliveries scheduled for September. The company also plans to launch its third production model, the P5 sedan, in the third quarter, with deliveries expected in the fourth quarter.</p>\n<p>\"Upon delivery, the P5 will be the world's first mass-produced Smart EV equipped with auto-grade LiDAR technology,\" the company said.</p>\n<p><b>Price Action: </b> In premarket trading, Nio shares were up 2.73% at $54.65, while XPeng gained 3.85% to $46.13.</p>\n<p>Year-to-date period, Nio shares are up 9.2%, and XPeng has gained 3.7%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148295558","content_text":"The Chinese EV start-ups, Nio Inc. (NYSE: NIO) and XPeng Inc. (NYSE: XPEV), reported stellar deliveries for June, sending their shares higher Thursday.\nNio Vs. XPeng - How June Growth Compares: Nio reported June deliveries of 8,083 vehicles, while peer XPeng June deliveries stood at 6,565 vehicles. The monthly numbers represented records for both companies.\nNio's deliveries increased 116.1% year-over-year, while XPeng's jumped 617%. The month-over-month increases for the EV makers were at 20.4% and 15.5%, respectively.\nNio sold 1,498 ES8s, 3,755 ES6s, and 2,830 EC6s during June, while XPeng's monthly numbers included 4,730 for its sports smart sedan P7 1,835 for smart compact SUV G3. Year-to-date, total deliveries reached 30,738 units, a 459% increase year-over-year.\nXPeng noted that P7 deliveries were witnessing rising popularity among China's tech-savvy consumers. \"The P7's Navigation Guided Pilot (NGP) highway solutions are attracting wide customer appeal, reinforcing the Company's commitment to technology innovation,\" the company said in the statement.\nNio Vs. XPeng: How Q2 Compares to Guidance: Nio's quarterly number was at a record 21,896 units, which fell within the company's guidance range of 21,000-22,000. The company noted that Q2 marked the fifth straight year of quarter-over-quarter growth.\nXPeng also reported record second-quarter deliveries of 17,398, which exceeded the guidance range of 15,500-16,000.\nWhat Lies Ahead: Nio has expanded into Norway and is on track to sell its ES8s in the European nation. The company is also reportedly interested in a model catering to the mid-and low-end of the market. The much-envied ET7 sedan unveiled by Nio in January is likely to be commercially marketed in the first quarter of 2022.\nXPeng said it plans to launch the G3i SUV, the new mid-phase facelift version of G3, in July 2021, with deliveries scheduled for September. 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Fly to moon","listText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>hold the line. Fly to moon","text":"$Torchlight Energy Resources(TRCH)$hold the line. Fly to moon","images":[{"img":"https://static.tigerbbs.com/872f805cc48d3e15b292c23de1d9b46c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122541758","isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":177803159,"gmtCreate":1627191706371,"gmtModify":1703485382789,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>waiting to fly","listText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>waiting to fly","text":"$Meta Materials Inc.(MMAT)$waiting to fly","images":[{"img":"https://static.tigerbbs.com/13dac997d15ddd531a87f80ffb4c2c7f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177803159","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":178397766,"gmtCreate":1626787624755,"gmtModify":1703765158344,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRTD\">$Creatd Inc(CRTD)$</a>let's fly","listText":"<a href=\"https://laohu8.com/S/CRTD\">$Creatd Inc(CRTD)$</a>let's fly","text":"$Creatd Inc(CRTD)$let's fly","images":[{"img":"https://static.tigerbbs.com/d115b4f71512fae0bf7040da0fac505b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178397766","isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158563262,"gmtCreate":1625156630256,"gmtModify":1703737444722,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/IDEX\">$Idex ASA(IDEX)$</a>gogogo!","listText":"<a href=\"https://laohu8.com/S/IDEX\">$Idex ASA(IDEX)$</a>gogogo!","text":"$Idex ASA(IDEX)$gogogo!","images":[{"img":"https://static.tigerbbs.com/a14c13c63ae62775f4c3015ddd86c958","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/158563262","isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":178333341,"gmtCreate":1626787724883,"gmtModify":1703765161120,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"Nio will be future","listText":"Nio will be future","text":"Nio will be future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178333341","repostId":"1199229497","repostType":4,"repost":{"id":"1199229497","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626770417,"share":"https://ttm.financial/m/news/1199229497?lang=&edition=fundamental","pubTime":"2021-07-20 16:40","market":"us","language":"en","title":"Nio was up over 2% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1199229497","media":"Tiger Newspress","summary":" $NIO Inc.$ was up over 2% in premarket trading. Days ago Nio subsidiary buys stake in chipmaker amid crippling global semiconductor shortage.What Happened: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan and bring in investors, as per the report.Nio’s subsidiary Weiran Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million .Weiran is wholly owned by XPT, NIO's motor bus","content":"<p>(July 20) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> was up over 2% in premarket trading. Days ago Nio subsidiary buys stake in chipmaker amid crippling global semiconductor shortage.</p>\n<p><img src=\"https://static.tigerbbs.com/9a051b22f9aae28d36256590e6d5631f\" tg-width=\"709\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p>\n<p>A subsidiary of Chinese electric vehicle maker <b>Nio Inc.</b> has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.</p>\n<p><b>What Happened</b>: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.</p>\n<p>Nio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).</p>\n<p>Weiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.</p>\n<p><b>Why It Matters</b>: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.</p>\n<p>More industry voices are now indicating the shortages could spill over to next year and requires investment. In April,<b>Intel Corp.</b>INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.</p>\n<p>It wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.</p>\n<p><b>Price Action</b>: Nio’s shares closed more than 1% higher in Monday’s trading at $43.35.</p>\n<p>Other EV stocks rally continue in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/dd4b80ed4d842e96ca95301c6bc62068\" tg-width=\"283\" tg-height=\"165\" referrerpolicy=\"no-referrer\"><b>Tesla</b>-<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>. saw registrations of its Chinese-made cars climb again last month as promotions toward the quarter-end helped offset a string of negative press around customer complaints and quality concerns.</p>\n<p>Registrations of Model 3 sedans and Model Y sports utility vehicles made at Tesla’s Shanghai factory totaled 28,508 units in June, a 29% increase from May and more than double the figure in April, data from <a href=\"https://laohu8.com/S/CAAS\">China</a> Automotive <a href=\"https://laohu8.com/S/III\">Information</a> Net show. Model 3 registrations rebounded to 16,995, while Model Y’s hit 11,513, a 10% drop from May.</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>Nio was up over 2% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio was up over 2% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-20 16:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July 20) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> was up over 2% in premarket trading. Days ago Nio subsidiary buys stake in chipmaker amid crippling global semiconductor shortage.</p>\n<p><img src=\"https://static.tigerbbs.com/9a051b22f9aae28d36256590e6d5631f\" tg-width=\"709\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p>\n<p>A subsidiary of Chinese electric vehicle maker <b>Nio Inc.</b> has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.</p>\n<p><b>What Happened</b>: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.</p>\n<p>Nio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).</p>\n<p>Weiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.</p>\n<p><b>Why It Matters</b>: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.</p>\n<p>More industry voices are now indicating the shortages could spill over to next year and requires investment. In April,<b>Intel Corp.</b>INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.</p>\n<p>It wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.</p>\n<p><b>Price Action</b>: Nio’s shares closed more than 1% higher in Monday’s trading at $43.35.</p>\n<p>Other EV stocks rally continue in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/dd4b80ed4d842e96ca95301c6bc62068\" tg-width=\"283\" tg-height=\"165\" referrerpolicy=\"no-referrer\"><b>Tesla</b>-<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>. saw registrations of its Chinese-made cars climb again last month as promotions toward the quarter-end helped offset a string of negative press around customer complaints and quality concerns.</p>\n<p>Registrations of Model 3 sedans and Model Y sports utility vehicles made at Tesla’s Shanghai factory totaled 28,508 units in June, a 29% increase from May and more than double the figure in April, data from <a href=\"https://laohu8.com/S/CAAS\">China</a> Automotive <a href=\"https://laohu8.com/S/III\">Information</a> Net show. Model 3 registrations rebounded to 16,995, while Model Y’s hit 11,513, a 10% drop from May.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199229497","content_text":"(July 20) NIO Inc. was up over 2% in premarket trading. Days ago Nio subsidiary buys stake in chipmaker amid crippling global semiconductor shortage.\n\nA subsidiary of Chinese electric vehicle maker Nio Inc. has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.\nWhat Happened: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.\nNio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).\nWeiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.\nWhy It Matters: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.\nMore industry voices are now indicating the shortages could spill over to next year and requires investment. In April,Intel Corp.INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.\nIt wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.\nPrice Action: Nio’s shares closed more than 1% higher in Monday’s trading at $43.35.\nOther EV stocks rally continue in premarket trading.\nTesla-Tesla Motors. saw registrations of its Chinese-made cars climb again last month as promotions toward the quarter-end helped offset a string of negative press around customer complaints and quality concerns.\nRegistrations of Model 3 sedans and Model Y sports utility vehicles made at Tesla’s Shanghai factory totaled 28,508 units in June, a 29% increase from May and more than double the figure in April, data from China Automotive Information Net show. Model 3 registrations rebounded to 16,995, while Model Y’s hit 11,513, a 10% drop from May.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171372566,"gmtCreate":1626709327555,"gmtModify":1703763848430,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRTD\">$Creatd Inc(CRTD)$</a>come go go","listText":"<a href=\"https://laohu8.com/S/CRTD\">$Creatd Inc(CRTD)$</a>come go go","text":"$Creatd Inc(CRTD)$come go go","images":[{"img":"https://static.tigerbbs.com/6474bdfce1f4c6bf1c61611d06d77148","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171372566","isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":142051581,"gmtCreate":1626105962443,"gmtModify":1703753600559,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>where r u meta","listText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>where r u meta","text":"$Meta Materials Inc.(MMAT)$where r u meta","images":[{"img":"https://static.tigerbbs.com/b9ae253640629bc107c8f316a233856c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/142051581","isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158566564,"gmtCreate":1625156860158,"gmtModify":1703737449462,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"Nio nio","listText":"Nio nio","text":"Nio nio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158566564","repostId":"1131141642","repostType":4,"repost":{"id":"1131141642","pubTimestamp":1625150313,"share":"https://ttm.financial/m/news/1131141642?lang=&edition=fundamental","pubTime":"2021-07-01 22:38","market":"sh","language":"en","title":"NIO Vs BYD Auto: Which EV Stock Is A Good Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1131141642","media":"seekingalpha","summary":"China is a leading EV market, and it looks like Chinese players will have it easier in their home market compared to foreign companies.Both NIO and BYD have attractive offerings on the market and employ strategies that differentiate them from competitors.NIO is the higher-growth pick, while BYD is the better value play. Both could be attractive picks for the long run.That is about half as much as the gains experienced by NIO, but slightly more than the gains experienced by Tesla. Overall, a 300%","content":"<p><b>Summary</b></p>\n<ul>\n <li>China is a leading EV market, and it looks like Chinese players will have it easier in their home market compared to foreign companies.</li>\n <li>Both NIO and BYD have attractive offerings on the market and employ strategies that differentiate them from competitors.</li>\n <li>NIO is the higher-growth pick, while BYD is the better value play. Both could be attractive picks for the long run.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/85f5123d1a2c682db80316343dba1e5b\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"><span>baona/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>EV stocks have been strong performers in 2020 on the back of strong market growth and helpful government policies. China has turned into one of the most important markets for electric vehicles, and since the Chinese government is oftentimes accommodating to Chinese companies, it makes sense to look among Chinese EV players for exposure to this high-growth market. Both BYD Company(OTCPK:BYDDY)(OTCPK:BYDDF)and NIO Inc.(NYSE:NIO)fit that description, and they both generate compelling growth and are on a strong trajectory. They differ, however, when it comes to the strategies they utilize in order to fuel growth, and there are differences in the respective valuation as well. Depending on your investment approach, you may either favor BYD or NIO.</p>\n<p><b>NIO Stock Price</b></p>\n<p>NIO saw its shares rally massively over the last year, as they delivered gains of 600% in just twelve months:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f8bdb6f898b23023b1240e557370891c\" tg-width=\"635\" tg-height=\"417\"><span>Data by YCharts</span></p>\n<p>This was easily more than what the broad market generated, and also outperformed peers such as Tesla(NASDAQ:TSLA), which gained about 240% over the same time frame. It should, however, be noted that NIO experienced a steep selloff in spring 2021, as its shares declined by close to 50% between January and May, before starting to climb again in recent weeks. When we take a look at current analyst price targets, NIO has an upside of around 20%, as analysts have a target price of $60, versus a current share price of $50.</p>\n<p>When looking at NIO's valuation, we can't really use an earnings multiple here, as NIO is not yet profitable. It is pretty clear, however, that NIO, with a market capitalization of $81 billion, is priced for a lot of future growth -- which holds true for other EV pureplays as well. For reference, that is a higher market capitalization than that of many legacy auto companies, including Ford(NYSE:F)and BMW(OTCPK:BMWYY), which indicates that NIO may be aggressively valued right here, considering that it sells way fewer cars than these two companies.</p>\n<p><b>BYDDY Stock Price</b></p>\n<p>BYD Company has, like other EV players, benefitted a lot from growing EV enthusiasm over the last year, as its shares rose by 300% in twelve months:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d77e1b86412ba77229dd4779269265a\" tg-width=\"635\" tg-height=\"417\"><span>Data by YCharts</span></p>\n<p>That is about half as much as the gains experienced by NIO, but slightly more than the gains experienced by Tesla. Overall, a 300% gain in one year is, of course, outstanding -- and investors should not expect this to repeat in future years. Like NIO, BYD has experienced a steep selloff in spring, but BYD has also recovered most of that in recent weeks. Unlike NIO, BYD is profitable already, although only marginally. Shares are trading for around 130x trailing earnings today, which isn't a low valuation at all, but which compares favorably to the valuations some other EV stocks are trading at, such as Tesla, which trades for more than 600x trailing net profits.</p>\n<p><b>NIO Vs BYD Auto: Which Is The Better EV Stock?</b></p>\n<p>The EV segment of the global automobile industry experiences rapid growth, and that naturally makes EV stocks attractive as growth investments. It should, however, be noted that valuations should always be considered when investing, and depending on the price one pays for a growth investment, it may take quite some time to see gains. Investors that chased high-growth tech stocks during the dot.com bubble, for example, had to wait years for their investments to pay off if they bought at the highs. All the growth in the EV space may thus be for naught if investors chase stocks and pay a price that is too high.</p>\n<p>On top of that, the global automobile industry is, generally speaking, competitive, capital intensive, cyclical, and margins for most players are relatively low. That being said, the large growth runway for EVs means that quality EV companies will likely see their revenues and profits grow at a strong pace for many years, and thus a long-term oriented investor may still be intrigued by these stocks.</p>\n<p>NIO and BYD are employing different strategies when it comes to the EV market, and both of those strategies have merit, I believe. NIO is focused on higher-end, quality passenger EVs that are primarily sold in China, although NIO is also entering the European car market this summer. The company offers a range of different models, from sports cars to SUVs. Due to strong built quality and the usage of high-end materials, NIO cars are seen as premium products worthy of a high price in China. NIO has, despite its relatively young history, managed to build a strong brand in its home market already, which positions the company well for future success in the Chinese EV space.</p>\n<p>NIO also offers a unique Battery-as-a-Service product that allows customers to swap batteries at NIO's battery-swapping stations. This reduces the time to recharge to a couple of minutes, which compares very favorably to the significantly longer charging times of other EV models. For those that are reluctant to buy an EV because they worry about a lot of downtime, NIO's cars could thus be an EV offering that they might still consider. I see this USP as a potential long-term growth driver for NIO that should help the company gain market share in this highly competitive market. It should, however, be noted that building out these battery-swapping stations in all relevant markets will cost a lot of money, thus capital expenditures for NIO will likely be higher than those of other EV players. NIO delivered 500%+ revenue growth in Q1 and will deliver strong revenue growth going forward, too:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cef4405a87e449cbbef819ea69e868d1\" tg-width=\"635\" tg-height=\"467\"><span>Data by YCharts</span></p>\n<p>Current consensus estimates call for a 125% revenue increase this year, while revenues will grow by 63% next year and by 47% in 2023. This represents strong growth and is significantly more than what analysts expect from the current market leader Tesla, although it should be noted that NIO is growing from a smaller base.</p>\n<p>BYD is a lesser-known Chinese EV player that is nevertheless pursuing an attractive strategy as well. BYD is not focused on higher-end passenger vehicles alone, but instead is offering a wide range of commercial EVs on top of that. Its offerings include electricity-powered trucks and electricity-powered busses, for example, which have a lot of potential over the coming years. Getting rid of diesel-powered busses could lead to better air quality in dense cities, and due to low average speeds and low average distances that are driven by busses, range is not too much of a concern. BYD is also offering other electric technologies, however, including a monorail system called Skyrail that is being built in China, but also in overseas markets such as Brazil.</p>\n<p>BYD also is a major battery manufacturer, which naturally gives BYD exposure to the EV space as a whole. Even when other manufacturers are selling EVs, they oftentimes are not producing their own batteries, but instead they buy those from companies such as BYD. BYD can thus, unlike many other EV companies, also profit from the growth of its competitors. This is especially great since it is not yet known which EV company will ultimately lead the market a decade or two from now -- but it is guaranteed that the market leader will need batteries to manufacture its vehicles.</p>\n<p>BYD does, however, also produce its own passenger EVs (hybrids and BEVs), which means that it is not solely a supplier. Its Han model has been quite successful in its home market, making BYD a lesser-known but pretty successful contender for EV market share. Unlike NIO, BYD is profitable already, and its valuation seems to be one of the lowest in the EV space. This is, I believe, at least partially the result of an understaffed investor relations department. Contrasting how much information (in English) is available on NIO with how much information English-speaking investors can get on BYD shows a wide discrepancy, which likely explains why NIO is followed more widely -- despite being the smaller company. BYD generated revenue of $22 billion in 2020, and that amount is forecasted to grow to $29 billion this year, and to $34 billion in 2022. BYD is thus forecasted to grow at a rate that is somewhat slower than NIO's growth rate, but BYD's forecasted revenue for 2022 is about 4x as high as that of NIO. It thus may come as a surprise that BYD's market capitalization of $100 billion is only slightly higher than that of NIO, despite being a much larger, and more profitable, enterprise. Once again, I believe that this is at least partially caused by the fact that BYD is just not as well-known outside of China, and that many retail investors thus flock to the better-known, more prominent NIO.</p>\n<p><b>Should You Buy NIO Or BYD Auto</b></p>\n<p>As stated earlier, investing in high-growth companies will not automatically lead to steep returns, as valuations play a major role as well. NIO is the higher-growth pick, and its BaaS service and strong brand position it well for future success, I believe. On the other hand, NIO's shares are quite expensive, trading for close to 10x next year's revenue right now. BYD is a lower-growth pick, but its diversified operations across passenger EVs, commercial EVs, and its battery business will likely lead to ample revenue and earnings growth for many years nevertheless. BYD is, as one of just a few EV players profitable already, which naturally is a major plus, and BYD's much lower valuation also makes shares look attractive. Shares trade for ~3x next year's revenue, which does not seem unreasonable, considering that many other EV stocks are trading for 10x revenue or even more. The fact that BYD is backed by Buffett's Berkshire(NYSE:BRK.A)(NYSE:BRK.B)is also a nice-to-have.</p>\n<p>Depending on whether you prioritize growth or value, you may either prefer NIO or BYD -- both companies seem like picks with ample long-term potential, although neither are guaranteed winners, which is why don't rate either a screaming buy.</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>NIO Vs BYD Auto: Which EV Stock Is A Good Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Vs BYD Auto: Which EV Stock Is A Good Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 22:38 GMT+8 <a href=https://seekingalpha.com/article/4437449-nio-vs-byd-ev-stock-good-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nChina is a leading EV market, and it looks like Chinese players will have it easier in their home market compared to foreign companies.\nBoth NIO and BYD have attractive offerings on the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437449-nio-vs-byd-ev-stock-good-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BYDDY":"比亚迪ADR","002594":"比亚迪","NIO":"蔚来","01211":"比亚迪股份"},"source_url":"https://seekingalpha.com/article/4437449-nio-vs-byd-ev-stock-good-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131141642","content_text":"Summary\n\nChina is a leading EV market, and it looks like Chinese players will have it easier in their home market compared to foreign companies.\nBoth NIO and BYD have attractive offerings on the market and employ strategies that differentiate them from competitors.\nNIO is the higher-growth pick, while BYD is the better value play. Both could be attractive picks for the long run.\n\nbaona/iStock via Getty Images\nArticle Thesis\nEV stocks have been strong performers in 2020 on the back of strong market growth and helpful government policies. China has turned into one of the most important markets for electric vehicles, and since the Chinese government is oftentimes accommodating to Chinese companies, it makes sense to look among Chinese EV players for exposure to this high-growth market. Both BYD Company(OTCPK:BYDDY)(OTCPK:BYDDF)and NIO Inc.(NYSE:NIO)fit that description, and they both generate compelling growth and are on a strong trajectory. They differ, however, when it comes to the strategies they utilize in order to fuel growth, and there are differences in the respective valuation as well. Depending on your investment approach, you may either favor BYD or NIO.\nNIO Stock Price\nNIO saw its shares rally massively over the last year, as they delivered gains of 600% in just twelve months:\nData by YCharts\nThis was easily more than what the broad market generated, and also outperformed peers such as Tesla(NASDAQ:TSLA), which gained about 240% over the same time frame. It should, however, be noted that NIO experienced a steep selloff in spring 2021, as its shares declined by close to 50% between January and May, before starting to climb again in recent weeks. When we take a look at current analyst price targets, NIO has an upside of around 20%, as analysts have a target price of $60, versus a current share price of $50.\nWhen looking at NIO's valuation, we can't really use an earnings multiple here, as NIO is not yet profitable. It is pretty clear, however, that NIO, with a market capitalization of $81 billion, is priced for a lot of future growth -- which holds true for other EV pureplays as well. For reference, that is a higher market capitalization than that of many legacy auto companies, including Ford(NYSE:F)and BMW(OTCPK:BMWYY), which indicates that NIO may be aggressively valued right here, considering that it sells way fewer cars than these two companies.\nBYDDY Stock Price\nBYD Company has, like other EV players, benefitted a lot from growing EV enthusiasm over the last year, as its shares rose by 300% in twelve months:\nData by YCharts\nThat is about half as much as the gains experienced by NIO, but slightly more than the gains experienced by Tesla. Overall, a 300% gain in one year is, of course, outstanding -- and investors should not expect this to repeat in future years. Like NIO, BYD has experienced a steep selloff in spring, but BYD has also recovered most of that in recent weeks. Unlike NIO, BYD is profitable already, although only marginally. Shares are trading for around 130x trailing earnings today, which isn't a low valuation at all, but which compares favorably to the valuations some other EV stocks are trading at, such as Tesla, which trades for more than 600x trailing net profits.\nNIO Vs BYD Auto: Which Is The Better EV Stock?\nThe EV segment of the global automobile industry experiences rapid growth, and that naturally makes EV stocks attractive as growth investments. It should, however, be noted that valuations should always be considered when investing, and depending on the price one pays for a growth investment, it may take quite some time to see gains. Investors that chased high-growth tech stocks during the dot.com bubble, for example, had to wait years for their investments to pay off if they bought at the highs. All the growth in the EV space may thus be for naught if investors chase stocks and pay a price that is too high.\nOn top of that, the global automobile industry is, generally speaking, competitive, capital intensive, cyclical, and margins for most players are relatively low. That being said, the large growth runway for EVs means that quality EV companies will likely see their revenues and profits grow at a strong pace for many years, and thus a long-term oriented investor may still be intrigued by these stocks.\nNIO and BYD are employing different strategies when it comes to the EV market, and both of those strategies have merit, I believe. NIO is focused on higher-end, quality passenger EVs that are primarily sold in China, although NIO is also entering the European car market this summer. The company offers a range of different models, from sports cars to SUVs. Due to strong built quality and the usage of high-end materials, NIO cars are seen as premium products worthy of a high price in China. NIO has, despite its relatively young history, managed to build a strong brand in its home market already, which positions the company well for future success in the Chinese EV space.\nNIO also offers a unique Battery-as-a-Service product that allows customers to swap batteries at NIO's battery-swapping stations. This reduces the time to recharge to a couple of minutes, which compares very favorably to the significantly longer charging times of other EV models. For those that are reluctant to buy an EV because they worry about a lot of downtime, NIO's cars could thus be an EV offering that they might still consider. I see this USP as a potential long-term growth driver for NIO that should help the company gain market share in this highly competitive market. It should, however, be noted that building out these battery-swapping stations in all relevant markets will cost a lot of money, thus capital expenditures for NIO will likely be higher than those of other EV players. NIO delivered 500%+ revenue growth in Q1 and will deliver strong revenue growth going forward, too:\nData by YCharts\nCurrent consensus estimates call for a 125% revenue increase this year, while revenues will grow by 63% next year and by 47% in 2023. This represents strong growth and is significantly more than what analysts expect from the current market leader Tesla, although it should be noted that NIO is growing from a smaller base.\nBYD is a lesser-known Chinese EV player that is nevertheless pursuing an attractive strategy as well. BYD is not focused on higher-end passenger vehicles alone, but instead is offering a wide range of commercial EVs on top of that. Its offerings include electricity-powered trucks and electricity-powered busses, for example, which have a lot of potential over the coming years. Getting rid of diesel-powered busses could lead to better air quality in dense cities, and due to low average speeds and low average distances that are driven by busses, range is not too much of a concern. BYD is also offering other electric technologies, however, including a monorail system called Skyrail that is being built in China, but also in overseas markets such as Brazil.\nBYD also is a major battery manufacturer, which naturally gives BYD exposure to the EV space as a whole. Even when other manufacturers are selling EVs, they oftentimes are not producing their own batteries, but instead they buy those from companies such as BYD. BYD can thus, unlike many other EV companies, also profit from the growth of its competitors. This is especially great since it is not yet known which EV company will ultimately lead the market a decade or two from now -- but it is guaranteed that the market leader will need batteries to manufacture its vehicles.\nBYD does, however, also produce its own passenger EVs (hybrids and BEVs), which means that it is not solely a supplier. Its Han model has been quite successful in its home market, making BYD a lesser-known but pretty successful contender for EV market share. Unlike NIO, BYD is profitable already, and its valuation seems to be one of the lowest in the EV space. This is, I believe, at least partially the result of an understaffed investor relations department. Contrasting how much information (in English) is available on NIO with how much information English-speaking investors can get on BYD shows a wide discrepancy, which likely explains why NIO is followed more widely -- despite being the smaller company. BYD generated revenue of $22 billion in 2020, and that amount is forecasted to grow to $29 billion this year, and to $34 billion in 2022. BYD is thus forecasted to grow at a rate that is somewhat slower than NIO's growth rate, but BYD's forecasted revenue for 2022 is about 4x as high as that of NIO. It thus may come as a surprise that BYD's market capitalization of $100 billion is only slightly higher than that of NIO, despite being a much larger, and more profitable, enterprise. Once again, I believe that this is at least partially caused by the fact that BYD is just not as well-known outside of China, and that many retail investors thus flock to the better-known, more prominent NIO.\nShould You Buy NIO Or BYD Auto\nAs stated earlier, investing in high-growth companies will not automatically lead to steep returns, as valuations play a major role as well. NIO is the higher-growth pick, and its BaaS service and strong brand position it well for future success, I believe. On the other hand, NIO's shares are quite expensive, trading for close to 10x next year's revenue right now. BYD is a lower-growth pick, but its diversified operations across passenger EVs, commercial EVs, and its battery business will likely lead to ample revenue and earnings growth for many years nevertheless. BYD is, as one of just a few EV players profitable already, which naturally is a major plus, and BYD's much lower valuation also makes shares look attractive. Shares trade for ~3x next year's revenue, which does not seem unreasonable, considering that many other EV stocks are trading for 10x revenue or even more. The fact that BYD is backed by Buffett's Berkshire(NYSE:BRK.A)(NYSE:BRK.B)is also a nice-to-have.\nDepending on whether you prioritize growth or value, you may either prefer NIO or BYD -- both companies seem like picks with ample long-term potential, although neither are guaranteed winners, which is why don't rate either a screaming buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158566176,"gmtCreate":1625156830595,"gmtModify":1703737448483,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"Sndl","listText":"Sndl","text":"Sndl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158566176","repostId":"1109264727","repostType":4,"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172540528,"gmtCreate":1626968014964,"gmtModify":1703481662331,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"Going to all time high","listText":"Going to all time high","text":"Going to all time high","images":[{"img":"https://static.tigerbbs.com/13ee9492cf353a34842b9469178d9a08","width":"1080","height":"3165"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172540528","isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":170732863,"gmtCreate":1626450279252,"gmtModify":1703760510712,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AEHR\">$Aehr Test(AEHR)$</a>gogogo","listText":"<a href=\"https://laohu8.com/S/AEHR\">$Aehr Test(AEHR)$</a>gogogo","text":"$Aehr Test(AEHR)$gogogo","images":[{"img":"https://static.tigerbbs.com/5587aaf06c2ba1dd04f724590d0d0412","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170732863","isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":157629062,"gmtCreate":1625580850756,"gmtModify":1703744310234,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"Fly to moon","listText":"Fly to moon","text":"Fly to moon","images":[{"img":"https://static.tigerbbs.com/29a867c3de7ec510b644a07fb3a256c1","width":"1080","height":"3010"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157629062","isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158495818,"gmtCreate":1625165095434,"gmtModify":1703737532201,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>why shorter keep shortimg the share..WTF","listText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>why shorter keep shortimg the share..WTF","text":"$Histogenics(OCGN)$why shorter keep shortimg the share..WTF","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158495818","isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158568957,"gmtCreate":1625156758279,"gmtModify":1703737447172,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"Yoyo","listText":"Yoyo","text":"Yoyo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158568957","repostId":"2148825910","repostType":4,"repost":{"id":"2148825910","pubTimestamp":1625153232,"share":"https://ttm.financial/m/news/2148825910?lang=&edition=fundamental","pubTime":"2021-07-01 23:27","market":"us","language":"en","title":"This Meme Stock Just Proved the Short-Sellers Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825910","media":"Motley Fool","summary":"Picking your battles is just as important when betting against a company as it is rallying around one.","content":"<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.</p>\n<p><b>Bed Bath & Beyond</b> (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is <a href=\"https://laohu8.com/S/AONE\">one</a> of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632221%2Fpillows-home-goods-bed-bath-beyond-getty.jpeg&w=700&op=resize\" tg-width=\"700\" tg-height=\"455\"><span>Image source: Getty Images.</span></p>\n<h2>Fast and furious</h2>\n<p>Bed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.</p>\n<p>While the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.</p>\n<p>It also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.</p>\n<h2>A banner quarter</h2>\n<p>There's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.</p>\n<p>The retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.</p>\n<p>Obviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.</p>\n<p>The four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.</p>\n<h2>Holding the bag</h2>\n<p>It seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.</p>\n<p>That equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.</p>\n<p>Yet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.</p>\n<h2>The short story</h2>\n<p>Bed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.</p>\n<p>The retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Meme Stock Just Proved the Short-Sellers Wrong</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\">\nThis Meme Stock Just Proved the Short-Sellers Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 23:27 GMT+8 <a href=https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2021/07/01/this-meme-stock-proved-the-short-sellers-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825910","content_text":"Just as buying a stock simply because hedge funds are betting against it by shorting its shares is a foolish investment strategy, the opposite is true, too. Shorting a stock without looking at the fundamentals of the business means you're simply gambling, not investing.\nBed Bath & Beyond (NASDAQ:BBBY) just dealt hedge funds and other short-sellers a decisive blow when it reported fiscal first-quarter results that were significantly better than expected. Because the home goods retailer is one of those meme stocks that actually still has a future, the foolish bet was to think its business is still tanking. Bed Bath & Beyond just showed those betting against its business just how wrong they were.\nImage source: Getty Images.\nFast and furious\nBed Bath & Beyond reported net sales of $1.95 billion for the first quarter of 2021, a 49% gain over last year and handily outstripping the $1.87 billion Wall Street was expecting. It's the fourth consecutive quarter the retailer enjoyed higher sales, indicating its vaunted turnaround strategy is on track.\nWhile the home goods outlet did miss analyst forecasts on earnings, posting adjusted profits of $0.05 per share, $0.03 less than predicted, it now sees comparable-store sales for the rest of the year being stronger than thought. Management raised guidance for comps to low single-digit-percentage growth compared to its prior outlook for flat comps.\nIt also raised its full-year net sales guidance to a range of $8.2 billion to $8.4 billion from $8 billion to $8.2 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are also now forecast to be higher, too, from $520 million to $540 million, up from $500 million to $525 million. For the first time since the pandemic, it offered adjusted profit guidance of $1.40 to $1.55 per share.\nA banner quarter\nThere's a reason Bed Bath & Beyond did so well: It's sticking to what it knows best. The retailer has jettisoned all of its tacked-on businesses and is instead focusing on its best, core opportunities.\nThe retailer considers its namesake Bed Bath & Beyond stores, buybuy BABY, Harmon Face Values, and Decorist to be its core. Net sales at the quartet of chains were up 73% for the period, but the Bed Bath & Beyond banner was really the star, with revenue nearly doubling.\nObviously it is going up against very easy comparables from last year when its stores were largely closed for the quarter, but before the pandemic hit, it was still questionable as to whether consumers would respond to the turnaround strategy. The company had only just cleaned house in the c-suite and was just launching a drive to return its business to growth when the COVID-19 outbreak struck, putting its plans on hold.\nThe four consecutive quarters of growing sales seems to indicate it's working, and betting against the home goods giant was a poor decision.\nHolding the bag\nIt seems a number of short-sellers did see the writing on the wall and closed out their positions recently. The number of shares sold short fell from a peak of 33.3 million shares as of May 28, more than were even sold short during the height of the meme stock frenzy in January, to 20.4 million shares in mid-June.\nThat equates to almost 20% of Bed Bath & Beyond's float being sold short, still a significant percentage, even if it is 38% below what it had been two weeks prior.\nYet short-sellers have not fared well against the retail investor army that seeks to defend such beaten-down stocks. While those defenders hold a number of misconceptions about exactly what they're doing, they've still trounced the shorts.\nThe short story\nBed Bath & Beyond's stock is up almost 7% over the past month and 68% higher year to date. Over the last 12 months, shares of the retailer have rallied to gains of 176%. That's likely part of the reason Bed Bath & Beyond's short interest has dropped as it has, though if some investors looked at the prospects for its continued success they might have gotten out even sooner.\nThe retail industry is still in a tough spot, and Bed Bath & Beyond is not out of the woods, either. Yet it's clearly on the road to recovery, and that will undoubtedly have investors cheering and the short-sellers licking their wounds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801330763,"gmtCreate":1627482088552,"gmtModify":1703490864994,"author":{"id":"3581798419726515","authorId":"3581798419726515","name":"tradewealth","avatar":"https://static.tigerbbs.com/de39210e9a938b34060b6bf99706567b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581798419726515","authorIdStr":"3581798419726515"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801330763","repostId":"2154418789","repostType":2,"repost":{"id":"2154418789","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":1627449326,"share":"https://ttm.financial/m/news/2154418789?lang=&edition=fundamental","pubTime":"2021-07-28 13:15","market":"hk","language":"en","title":"China shares search for footing as state media urges calm","url":"https://stock-news.laohu8.com/highlight/detail?id=2154418789","media":"Reuters","summary":"* SSEC -0.59%; CSI300 flat, HSI -0.24%\n* Yuan, Chinese government bonds stable after late sell-off\n*","content":"<p>* SSEC -0.59%; CSI300 flat, HSI -0.24%</p>\n<p>* Yuan, Chinese government bonds stable after late sell-off</p>\n<p>* Yuan traders shift focus to U.S. Fed meeting</p>\n<p>* State-owned papers urge calm after rout</p>\n<p>SHANGHAI, July 28 (Reuters) - Chinese shares fell on Wednesday but trimmed earlier losses amid volatile trade as state-run financial media called for calm following a wild rout triggered by investor concerns about tightening government regulation.</p>\n<p>The Shanghai Composite Index fell as much as 2% before finishing the morning session down 0.59%. The blue-chip CSI300 index clawed back some its losses to end the morning flat, but was still down more than 6.6% for the week.</p>\n<p>In Hong Kong, the benchmark Hang Seng Index flitted between gains and losses to fall 0.24% at midday after plunging an eight-month closing low a day earlier. The Hang Seng China Enterprises Index was up 0.38%.</p>\n<p>Andy Maynard, head of equities at China Renaissance in Hong Kong, said the market mood on Wednesday was \"nervous\" rather than panicked.</p>\n<p>\"Is the downside over? No it's not. Do we think there's going to be more? Yes, there probably is. Do I think there's some relief here? Yes.\"</p>\n<p>The Hang Seng Tech index , which hit record lows a day earlier, was barely lower. Real estate firms in Hong Kong rose 1.5% even as a mainland index tracking the sector fell 0.45%.</p>\n<p>A CSI index tracking education firms listed on mainland and Hong Kong markets fell 0.52%.</p>\n<p>The wobbly trade in Chinese markets came as state-owned securities newspaper urged calm for A-share investors on Wednesday.</p>\n<p>The Securities Times wrote the market \"will stabilise at any moment\" after regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week.</p>\n<p>Fixed income and foreign exchange markets were relatively steady on Wednesday after succumbing to Tuesday's sell-off. The most-traded 10-year Chinese government bond futures, for September delivery , were last down 0.09%, following a 0.35% drop a day earlier.</p>\n<p>China's yuan firmed from a more than three-month trough against the dollar hit a day earlier, as some investors expected major state banks could step in soon to support the currency. The yuan's late slump fed into the People's Bank of China's weakest daily fixing in three months on Wednesday.</p>\n<p>Some traders said much attention had shifted from domestic markets to the outcome of a two-day U.S. Federal Reserve meeting due later in the session, which could affect the trajectory of the dollar and other major currencies.</p>\n<p>\"Maybe the authorities want some weakness in the yuan for the time being, but an overshoot could definitely prompt some actions,\" said a trader at a Chinese bank.</p>\n<p>The onshore spot yuan was last at 6.5055 per dollar and the offshore yuan strengthened to 6.5139 per dollar.</p>\n<p>China's regulatory moves seem \"to have led to a further reassessment of the extent to which the Chinese authorities are happy to make life more difficult for private business in the pursuit of other aims,\" Oliver Allen, markets economist at Capital Economics said in a note.</p>\n<p>\"That is obviously bad news for certain Chinese firms, but it need not have major consequences for markets elsewhere.\"</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 shares search for footing as state media urges calm</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 shares search for footing as state media urges calm\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\">2021-07-28 13:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* SSEC -0.59%; CSI300 flat, HSI -0.24%</p>\n<p>* Yuan, Chinese government bonds stable after late sell-off</p>\n<p>* Yuan traders shift focus to U.S. Fed meeting</p>\n<p>* State-owned papers urge calm after rout</p>\n<p>SHANGHAI, July 28 (Reuters) - Chinese shares fell on Wednesday but trimmed earlier losses amid volatile trade as state-run financial media called for calm following a wild rout triggered by investor concerns about tightening government regulation.</p>\n<p>The Shanghai Composite Index fell as much as 2% before finishing the morning session down 0.59%. The blue-chip CSI300 index clawed back some its losses to end the morning flat, but was still down more than 6.6% for the week.</p>\n<p>In Hong Kong, the benchmark Hang Seng Index flitted between gains and losses to fall 0.24% at midday after plunging an eight-month closing low a day earlier. The Hang Seng China Enterprises Index was up 0.38%.</p>\n<p>Andy Maynard, head of equities at China Renaissance in Hong Kong, said the market mood on Wednesday was \"nervous\" rather than panicked.</p>\n<p>\"Is the downside over? No it's not. Do we think there's going to be more? Yes, there probably is. Do I think there's some relief here? Yes.\"</p>\n<p>The Hang Seng Tech index , which hit record lows a day earlier, was barely lower. Real estate firms in Hong Kong rose 1.5% even as a mainland index tracking the sector fell 0.45%.</p>\n<p>A CSI index tracking education firms listed on mainland and Hong Kong markets fell 0.52%.</p>\n<p>The wobbly trade in Chinese markets came as state-owned securities newspaper urged calm for A-share investors on Wednesday.</p>\n<p>The Securities Times wrote the market \"will stabilise at any moment\" after regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week.</p>\n<p>Fixed income and foreign exchange markets were relatively steady on Wednesday after succumbing to Tuesday's sell-off. The most-traded 10-year Chinese government bond futures, for September delivery , were last down 0.09%, following a 0.35% drop a day earlier.</p>\n<p>China's yuan firmed from a more than three-month trough against the dollar hit a day earlier, as some investors expected major state banks could step in soon to support the currency. The yuan's late slump fed into the People's Bank of China's weakest daily fixing in three months on Wednesday.</p>\n<p>Some traders said much attention had shifted from domestic markets to the outcome of a two-day U.S. Federal Reserve meeting due later in the session, which could affect the trajectory of the dollar and other major currencies.</p>\n<p>\"Maybe the authorities want some weakness in the yuan for the time being, but an overshoot could definitely prompt some actions,\" said a trader at a Chinese bank.</p>\n<p>The onshore spot yuan was last at 6.5055 per dollar and the offshore yuan strengthened to 6.5139 per dollar.</p>\n<p>China's regulatory moves seem \"to have led to a further reassessment of the extent to which the Chinese authorities are happy to make life more difficult for private business in the pursuit of other aims,\" Oliver Allen, markets economist at Capital Economics said in a note.</p>\n<p>\"That is obviously bad news for certain Chinese firms, but it need not have major consequences for markets elsewhere.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154418789","content_text":"* SSEC -0.59%; CSI300 flat, HSI -0.24%\n* Yuan, Chinese government bonds stable after late sell-off\n* Yuan traders shift focus to U.S. Fed meeting\n* State-owned papers urge calm after rout\nSHANGHAI, July 28 (Reuters) - Chinese shares fell on Wednesday but trimmed earlier losses amid volatile trade as state-run financial media called for calm following a wild rout triggered by investor concerns about tightening government regulation.\nThe Shanghai Composite Index fell as much as 2% before finishing the morning session down 0.59%. The blue-chip CSI300 index clawed back some its losses to end the morning flat, but was still down more than 6.6% for the week.\nIn Hong Kong, the benchmark Hang Seng Index flitted between gains and losses to fall 0.24% at midday after plunging an eight-month closing low a day earlier. The Hang Seng China Enterprises Index was up 0.38%.\nAndy Maynard, head of equities at China Renaissance in Hong Kong, said the market mood on Wednesday was \"nervous\" rather than panicked.\n\"Is the downside over? No it's not. Do we think there's going to be more? Yes, there probably is. Do I think there's some relief here? Yes.\"\nThe Hang Seng Tech index , which hit record lows a day earlier, was barely lower. Real estate firms in Hong Kong rose 1.5% even as a mainland index tracking the sector fell 0.45%.\nA CSI index tracking education firms listed on mainland and Hong Kong markets fell 0.52%.\nThe wobbly trade in Chinese markets came as state-owned securities newspaper urged calm for A-share investors on Wednesday.\nThe Securities Times wrote the market \"will stabilise at any moment\" after regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week.\nFixed income and foreign exchange markets were relatively steady on Wednesday after succumbing to Tuesday's sell-off. The most-traded 10-year Chinese government bond futures, for September delivery , were last down 0.09%, following a 0.35% drop a day earlier.\nChina's yuan firmed from a more than three-month trough against the dollar hit a day earlier, as some investors expected major state banks could step in soon to support the currency. The yuan's late slump fed into the People's Bank of China's weakest daily fixing in three months on Wednesday.\nSome traders said much attention had shifted from domestic markets to the outcome of a two-day U.S. Federal Reserve meeting due later in the session, which could affect the trajectory of the dollar and other major currencies.\n\"Maybe the authorities want some weakness in the yuan for the time being, but an overshoot could definitely prompt some actions,\" said a trader at a Chinese bank.\nThe onshore spot yuan was last at 6.5055 per dollar and the offshore yuan strengthened to 6.5139 per dollar.\nChina's regulatory moves seem \"to have led to a further reassessment of the extent to which the Chinese authorities are happy to make life more difficult for private business in the pursuit of other aims,\" Oliver Allen, markets economist at Capital Economics said in a note.\n\"That is obviously bad news for certain Chinese firms, but it need not have major consequences for markets 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