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coldsadcat
2021-09-03
$Tesla Motors(TSLA)$
please drop so I can buy more.
coldsadcat
2022-02-23
$Tesla Motors(TSLA)$
please drop. Cheaper to DCA. [Miser]
coldsadcat
2021-09-01
$Tiger Brokers(TIGR)$
Squeeze。
coldsadcat
2021-05-05
Nio looks like a good buy now.
coldsadcat
2022-05-30
Hope it's true, imagine 176 Tesla. Imagine a company with CAGR 50% at 15 PE.
The Weight Of Evidence Is Building For A Significant Drop In Tesla
coldsadcat
2022-03-30
$Tesla Motors(TSLA)$
yes
coldsadcat
2021-08-10
K
@coldsadcat:Nio looks like a good buy now.
coldsadcat
2021-05-10
Today is a bad day for Chinese stock it seems...
Most of Chinese stocks fell, pinduoduo plunged about 12%
Go to Tiger App to see more news
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it's true, imagine 176 Tesla. Imagine a company with CAGR 50% at 15 PE.","listText":"Hope it's true, imagine 176 Tesla. Imagine a company with CAGR 50% at 15 PE.","text":"Hope it's true, imagine 176 Tesla. Imagine a company with CAGR 50% at 15 PE.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024417554","repostId":"1135080799","repostType":2,"repost":{"id":"1135080799","pubTimestamp":1653903477,"share":"https://ttm.financial/m/news/1135080799?lang=&edition=fundamental","pubTime":"2022-05-30 17:37","market":"us","language":"en","title":"The Weight Of Evidence Is Building For A Significant Drop In Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1135080799","media":"Seeking Alpha","summary":"SummaryThis technical analysis article is about Tesla's lower low third wave breaking.There's a wave one 1242-708 and wave two 708-1152.There's a wave three breakdown from 1152 through 708.There's a l","content":"<html><head></head><body><h2>Summary</h2><ul><li>This technical analysis article is about Tesla's lower low third wave breaking.</li><li>There's a wave one 1242-708 and wave two 708-1152.</li><li>There's a wave three breakdown from 1152 through 708.</li><li>There's a lower low three wave pattern under 708 support within the daily structure.</li><li>The target for Tesla is $176.</li></ul><p>Tesla's (NASDAQ:TSLA) third wave has broken through in the current three wave pattern, with a focus on wave three replicating wave one to land at $176.</p><p>I have two young sons. One wants to be a vetand the other wants to build houses. I often mention that law is a good subject to study as it can provide an open-minded and educated approach to everyday scenarios we encounter. Unfortunately, I am greeted with looks of bemusement when I suggest this; I guess they're still a bit too young for that suggestion.</p><p>I find it intriguing how during the origins of modern civilization, human beings agreed on fundamental written laws that still stand today. It was the Romans that came up with the concepts of <i>actus reus</i>(guilty act) and <i>mens rea</i>(guilty mind). A criminal court must be able to prove both beyond reasonable doubt in order to secure a conviction.</p><p>Today, if one is accused of a crime, you have the right to silence in some societies. You may simply say "speak to my lawyer" and, by staying silent, not implicate yourself in even a matter as simple as, "I knew the person," for example. And you can wait for disclosure from the prosecution before building a defense. If you are accused of a crime, and you protest your innocence or invoke your right to remain silent, the prosecution must build a weight of evidence to prove that you committed the crime.</p><p>It's the argument between the prosecution and defense that goes a long way to determining the winner or loser in a case, and it is that way of thinking (the argument for or against the evidence) where a galaxy of interpretations and complex strategies by legal professionals come to the fore. There is an expanding of the mind to paint a picture of what may or may not be for or against the evidence in question. The importance of evidence also translates into many other fields in life, along with the skills of interpretation and argument.</p><p>In the case of Tesla's share price vs. future direction, we have clear evidence of a three wave structure, with the third wave making a lower low on the monthly chart below the rejections of waves one and two.</p><p><img src=\"https://static.tigerbbs.com/899838289c124cfeddeabcac7ce87e2a\" tg-width=\"640\" tg-height=\"1049\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p><i>Source: Chart created by the author with data taken from cTrader.</i></p><p>We can clearly see a bullish rejection at $1,242, with the price retracing to $708. This we now know is a wave one. The next is wave two at $1,152-$708. A break of $708 also confirms the wave three.</p><p>Now we can look at the argument as to where Tesla could be headed. I put it to you that the only printed directional bearing we have in front of us is the wave one at $1,242-$708. I would also put it to you that when a wave three breaks, two eventualities will happen - either the wave three will numerically copy wave one or fall further and land, in this case, at $176, or the wave three will fail at its task and take out $1,242 before completing the former.</p><p>However, there is clear evidence to argue that Tesla is going in the direction of $176. There is a wave one bearing, a wave two mismatch between buyers and sellers, and a wave three technical breakthrough. The $176 target is derived from the principles of the Ward Three Wave theory, which states that if waves one and two were able to continue between two separate price points before finding significant rejection, wave three will look with high probability to numerically copy wave one before it finds its significant rejection.</p><p>When I wrote the book<i>The Ward Three Wave Theory</i>, I wrote a chapter that focuses on waves within waves. It describes how to identify scenarios just like the one in front of us, where the wave three has broken above or below waves one and two. Switching backward from the monthly chart, identifying waves within waves can add credence to the fact that the third wave is breaking support with intent.</p><p>When we switch to the daily chart and look at the $708 region, we can also clearly see a lower low three wave pattern breaking down into the $600 price region. This is further evidence that perhaps this is not merely a flash dip into a macro wave three, but a tangible time frame that could add further evidence that Tesla's share price is making additional miniature three wave patterns within the direction of its macro third wave.</p><p><img src=\"https://static.tigerbbs.com/82af1928ef9d2a660e03fc64ad712559\" tg-width=\"640\" tg-height=\"1055\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p><i>Source: Chart created by the author with data taken from cTrader.</i></p><p>I would expect Tesla to complete its third wave within the next 90-120 days. The third wave has just broken through, with a target of $176 if wave three replicates the bearing set out by wave one. The share price could rise toward support at $708 and even challenge the highs of wave two before potentially dropping to complete the third wave. A move above $1,242 before touching $176 renders the third wave a fail.</p><p>I will be looking for bullish reversal three wave signals around that price area if the third wave completes. $176 might sound adventurous for Tesla's share price, but we must look at the evidence in front of us.</p></body></html>","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>The Weight Of Evidence Is Building For A Significant Drop In Tesla</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\">\nThe Weight Of Evidence Is Building For A Significant Drop In Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-30 17:37 GMT+8 <a href=https://seekingalpha.com/article/4514972-tesla-could-see-a-significant-drop><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThis technical analysis article is about Tesla's lower low third wave breaking.There's a wave one 1242-708 and wave two 708-1152.There's a wave three breakdown from 1152 through 708.There's a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4514972-tesla-could-see-a-significant-drop\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4514972-tesla-could-see-a-significant-drop","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135080799","content_text":"SummaryThis technical analysis article is about Tesla's lower low third wave breaking.There's a wave one 1242-708 and wave two 708-1152.There's a wave three breakdown from 1152 through 708.There's a lower low three wave pattern under 708 support within the daily structure.The target for Tesla is $176.Tesla's (NASDAQ:TSLA) third wave has broken through in the current three wave pattern, with a focus on wave three replicating wave one to land at $176.I have two young sons. One wants to be a vetand the other wants to build houses. I often mention that law is a good subject to study as it can provide an open-minded and educated approach to everyday scenarios we encounter. Unfortunately, I am greeted with looks of bemusement when I suggest this; I guess they're still a bit too young for that suggestion.I find it intriguing how during the origins of modern civilization, human beings agreed on fundamental written laws that still stand today. It was the Romans that came up with the concepts of actus reus(guilty act) and mens rea(guilty mind). A criminal court must be able to prove both beyond reasonable doubt in order to secure a conviction.Today, if one is accused of a crime, you have the right to silence in some societies. You may simply say \"speak to my lawyer\" and, by staying silent, not implicate yourself in even a matter as simple as, \"I knew the person,\" for example. And you can wait for disclosure from the prosecution before building a defense. If you are accused of a crime, and you protest your innocence or invoke your right to remain silent, the prosecution must build a weight of evidence to prove that you committed the crime.It's the argument between the prosecution and defense that goes a long way to determining the winner or loser in a case, and it is that way of thinking (the argument for or against the evidence) where a galaxy of interpretations and complex strategies by legal professionals come to the fore. There is an expanding of the mind to paint a picture of what may or may not be for or against the evidence in question. The importance of evidence also translates into many other fields in life, along with the skills of interpretation and argument.In the case of Tesla's share price vs. future direction, we have clear evidence of a three wave structure, with the third wave making a lower low on the monthly chart below the rejections of waves one and two.TeslaSource: Chart created by the author with data taken from cTrader.We can clearly see a bullish rejection at $1,242, with the price retracing to $708. This we now know is a wave one. The next is wave two at $1,152-$708. A break of $708 also confirms the wave three.Now we can look at the argument as to where Tesla could be headed. I put it to you that the only printed directional bearing we have in front of us is the wave one at $1,242-$708. I would also put it to you that when a wave three breaks, two eventualities will happen - either the wave three will numerically copy wave one or fall further and land, in this case, at $176, or the wave three will fail at its task and take out $1,242 before completing the former.However, there is clear evidence to argue that Tesla is going in the direction of $176. There is a wave one bearing, a wave two mismatch between buyers and sellers, and a wave three technical breakthrough. The $176 target is derived from the principles of the Ward Three Wave theory, which states that if waves one and two were able to continue between two separate price points before finding significant rejection, wave three will look with high probability to numerically copy wave one before it finds its significant rejection.When I wrote the bookThe Ward Three Wave Theory, I wrote a chapter that focuses on waves within waves. It describes how to identify scenarios just like the one in front of us, where the wave three has broken above or below waves one and two. Switching backward from the monthly chart, identifying waves within waves can add credence to the fact that the third wave is breaking support with intent.When we switch to the daily chart and look at the $708 region, we can also clearly see a lower low three wave pattern breaking down into the $600 price region. This is further evidence that perhaps this is not merely a flash dip into a macro wave three, but a tangible time frame that could add further evidence that Tesla's share price is making additional miniature three wave patterns within the direction of its macro third wave.TeslaSource: Chart created by the author with data taken from cTrader.I would expect Tesla to complete its third wave within the next 90-120 days. The third wave has just broken through, with a target of $176 if wave three replicates the bearing set out by wave one. The share price could rise toward support at $708 and even challenge the highs of wave two before potentially dropping to complete the third wave. A move above $1,242 before touching $176 renders the third wave a fail.I will be looking for bullish reversal three wave signals around that price area if the third wave completes. $176 might sound adventurous for Tesla's share price, but we must look at the evidence in front of us.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019748848,"gmtCreate":1648647372959,"gmtModify":1676534370730,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582516780909098","authorIdStr":"3582516780909098"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>yes","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>yes","text":"$Tesla Motors(TSLA)$yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019748848","isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030314553,"gmtCreate":1645631350512,"gmtModify":1676534047360,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582516780909098","authorIdStr":"3582516780909098"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>please drop. Cheaper to DCA. [Miser] ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>please drop. Cheaper to DCA. [Miser] ","text":"$Tesla Motors(TSLA)$please drop. Cheaper to DCA. [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030314553","isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815655501,"gmtCreate":1630677300803,"gmtModify":1676530373945,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582516780909098","authorIdStr":"3582516780909098"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>please drop so I can buy more.","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>please drop so I can buy more.","text":"$Tesla Motors(TSLA)$please drop so I can buy more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/815655501","isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816501804,"gmtCreate":1630505925008,"gmtModify":1676530324078,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582516780909098","authorIdStr":"3582516780909098"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> Squeeze。","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> Squeeze。","text":"$Tiger Brokers(TIGR)$ Squeeze。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816501804","isVote":1,"tweetType":1,"viewCount":761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892000204,"gmtCreate":1628608064408,"gmtModify":1676529796792,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582516780909098","authorIdStr":"3582516780909098"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892000204","repostId":"106755120","repostType":1,"repost":{"id":106755120,"gmtCreate":1620151847860,"gmtModify":1704339402952,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582516780909098","authorIdStr":"3582516780909098"},"themes":[],"htmlText":"Nio looks like a good buy now.","listText":"Nio looks like a good buy now.","text":"Nio looks like a good buy now.","images":[{"img":"https://static.tigerbbs.com/5f7b08df42cf593d0181aa052ba6907f","width":"1080","height":"2841"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106755120","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199097259,"gmtCreate":1620655843371,"gmtModify":1704346251498,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582516780909098","authorIdStr":"3582516780909098"},"themes":[],"htmlText":"Today is a bad day for Chinese stock it seems...","listText":"Today is a bad day for Chinese stock it seems...","text":"Today is a bad day for Chinese stock it seems...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199097259","repostId":"1175551541","repostType":4,"repost":{"id":"1175551541","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":1620655672,"share":"https://ttm.financial/m/news/1175551541?lang=&edition=fundamental","pubTime":"2021-05-10 22:07","market":"us","language":"en","title":"Most of Chinese stocks fell, pinduoduo plunged about 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=1175551541","media":"Tiger Newspress","summary":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interv","content":"<p>(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In addition, days ago, Bloomberg said that <a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</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>Most of Chinese stocks fell, pinduoduo plunged about 12%</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\">\nMost of Chinese stocks fell, pinduoduo plunged about 12%\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\">2021-05-10 22:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In addition, days ago, Bloomberg said that <a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175551541","content_text":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.In addition, days ago, Bloomberg said that China considers tighter rules for firms listing overseas.China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. Public Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, one of the people said.China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and Alibaba Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, one of the people said.It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.China has already tightened measures for listings on domestic exchanges including Shanghai’s Nasdaq-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106755120,"gmtCreate":1620151847860,"gmtModify":1704339402952,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582516780909098","authorIdStr":"3582516780909098"},"themes":[],"htmlText":"Nio looks like a good buy now.","listText":"Nio looks like a good buy now.","text":"Nio looks like a good buy now.","images":[{"img":"https://static.tigerbbs.com/5f7b08df42cf593d0181aa052ba6907f","width":"1080","height":"2841"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/106755120","isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":815655501,"gmtCreate":1630677300803,"gmtModify":1676530373945,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582516780909098","idStr":"3582516780909098"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>please drop so I can buy more.","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>please drop so I can buy more.","text":"$Tesla Motors(TSLA)$please drop so I can buy more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/815655501","isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030314553,"gmtCreate":1645631350512,"gmtModify":1676534047360,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582516780909098","idStr":"3582516780909098"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>please drop. Cheaper to DCA. [Miser] ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>please drop. Cheaper to DCA. [Miser] ","text":"$Tesla Motors(TSLA)$please drop. Cheaper to DCA. [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030314553","isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816501804,"gmtCreate":1630505925008,"gmtModify":1676530324078,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582516780909098","idStr":"3582516780909098"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> Squeeze。","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> Squeeze。","text":"$Tiger Brokers(TIGR)$ Squeeze。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816501804","isVote":1,"tweetType":1,"viewCount":761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106755120,"gmtCreate":1620151847860,"gmtModify":1704339402952,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582516780909098","idStr":"3582516780909098"},"themes":[],"htmlText":"Nio looks like a good buy now.","listText":"Nio looks like a good buy now.","text":"Nio looks like a good buy now.","images":[{"img":"https://static.tigerbbs.com/5f7b08df42cf593d0181aa052ba6907f","width":"1080","height":"2841"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/106755120","isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9024417554,"gmtCreate":1653906714479,"gmtModify":1676535360683,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582516780909098","idStr":"3582516780909098"},"themes":[],"htmlText":"Hope it's true, imagine 176 Tesla. Imagine a company with CAGR 50% at 15 PE.","listText":"Hope it's true, imagine 176 Tesla. Imagine a company with CAGR 50% at 15 PE.","text":"Hope it's true, imagine 176 Tesla. Imagine a company with CAGR 50% at 15 PE.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024417554","repostId":"1135080799","repostType":2,"repost":{"id":"1135080799","pubTimestamp":1653903477,"share":"https://ttm.financial/m/news/1135080799?lang=&edition=fundamental","pubTime":"2022-05-30 17:37","market":"us","language":"en","title":"The Weight Of Evidence Is Building For A Significant Drop In Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1135080799","media":"Seeking Alpha","summary":"SummaryThis technical analysis article is about Tesla's lower low third wave breaking.There's a wave one 1242-708 and wave two 708-1152.There's a wave three breakdown from 1152 through 708.There's a l","content":"<html><head></head><body><h2>Summary</h2><ul><li>This technical analysis article is about Tesla's lower low third wave breaking.</li><li>There's a wave one 1242-708 and wave two 708-1152.</li><li>There's a wave three breakdown from 1152 through 708.</li><li>There's a lower low three wave pattern under 708 support within the daily structure.</li><li>The target for Tesla is $176.</li></ul><p>Tesla's (NASDAQ:TSLA) third wave has broken through in the current three wave pattern, with a focus on wave three replicating wave one to land at $176.</p><p>I have two young sons. One wants to be a vetand the other wants to build houses. I often mention that law is a good subject to study as it can provide an open-minded and educated approach to everyday scenarios we encounter. Unfortunately, I am greeted with looks of bemusement when I suggest this; I guess they're still a bit too young for that suggestion.</p><p>I find it intriguing how during the origins of modern civilization, human beings agreed on fundamental written laws that still stand today. It was the Romans that came up with the concepts of <i>actus reus</i>(guilty act) and <i>mens rea</i>(guilty mind). A criminal court must be able to prove both beyond reasonable doubt in order to secure a conviction.</p><p>Today, if one is accused of a crime, you have the right to silence in some societies. You may simply say "speak to my lawyer" and, by staying silent, not implicate yourself in even a matter as simple as, "I knew the person," for example. And you can wait for disclosure from the prosecution before building a defense. If you are accused of a crime, and you protest your innocence or invoke your right to remain silent, the prosecution must build a weight of evidence to prove that you committed the crime.</p><p>It's the argument between the prosecution and defense that goes a long way to determining the winner or loser in a case, and it is that way of thinking (the argument for or against the evidence) where a galaxy of interpretations and complex strategies by legal professionals come to the fore. There is an expanding of the mind to paint a picture of what may or may not be for or against the evidence in question. The importance of evidence also translates into many other fields in life, along with the skills of interpretation and argument.</p><p>In the case of Tesla's share price vs. future direction, we have clear evidence of a three wave structure, with the third wave making a lower low on the monthly chart below the rejections of waves one and two.</p><p><img src=\"https://static.tigerbbs.com/899838289c124cfeddeabcac7ce87e2a\" tg-width=\"640\" tg-height=\"1049\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p><i>Source: Chart created by the author with data taken from cTrader.</i></p><p>We can clearly see a bullish rejection at $1,242, with the price retracing to $708. This we now know is a wave one. The next is wave two at $1,152-$708. A break of $708 also confirms the wave three.</p><p>Now we can look at the argument as to where Tesla could be headed. I put it to you that the only printed directional bearing we have in front of us is the wave one at $1,242-$708. I would also put it to you that when a wave three breaks, two eventualities will happen - either the wave three will numerically copy wave one or fall further and land, in this case, at $176, or the wave three will fail at its task and take out $1,242 before completing the former.</p><p>However, there is clear evidence to argue that Tesla is going in the direction of $176. There is a wave one bearing, a wave two mismatch between buyers and sellers, and a wave three technical breakthrough. The $176 target is derived from the principles of the Ward Three Wave theory, which states that if waves one and two were able to continue between two separate price points before finding significant rejection, wave three will look with high probability to numerically copy wave one before it finds its significant rejection.</p><p>When I wrote the book<i>The Ward Three Wave Theory</i>, I wrote a chapter that focuses on waves within waves. It describes how to identify scenarios just like the one in front of us, where the wave three has broken above or below waves one and two. Switching backward from the monthly chart, identifying waves within waves can add credence to the fact that the third wave is breaking support with intent.</p><p>When we switch to the daily chart and look at the $708 region, we can also clearly see a lower low three wave pattern breaking down into the $600 price region. This is further evidence that perhaps this is not merely a flash dip into a macro wave three, but a tangible time frame that could add further evidence that Tesla's share price is making additional miniature three wave patterns within the direction of its macro third wave.</p><p><img src=\"https://static.tigerbbs.com/82af1928ef9d2a660e03fc64ad712559\" tg-width=\"640\" tg-height=\"1055\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p><i>Source: Chart created by the author with data taken from cTrader.</i></p><p>I would expect Tesla to complete its third wave within the next 90-120 days. The third wave has just broken through, with a target of $176 if wave three replicates the bearing set out by wave one. The share price could rise toward support at $708 and even challenge the highs of wave two before potentially dropping to complete the third wave. A move above $1,242 before touching $176 renders the third wave a fail.</p><p>I will be looking for bullish reversal three wave signals around that price area if the third wave completes. $176 might sound adventurous for Tesla's share price, but we must look at the evidence in front of us.</p></body></html>","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>The Weight Of Evidence Is Building For A Significant Drop In Tesla</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\">\nThe Weight Of Evidence Is Building For A Significant Drop In Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-30 17:37 GMT+8 <a href=https://seekingalpha.com/article/4514972-tesla-could-see-a-significant-drop><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThis technical analysis article is about Tesla's lower low third wave breaking.There's a wave one 1242-708 and wave two 708-1152.There's a wave three breakdown from 1152 through 708.There's a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4514972-tesla-could-see-a-significant-drop\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4514972-tesla-could-see-a-significant-drop","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135080799","content_text":"SummaryThis technical analysis article is about Tesla's lower low third wave breaking.There's a wave one 1242-708 and wave two 708-1152.There's a wave three breakdown from 1152 through 708.There's a lower low three wave pattern under 708 support within the daily structure.The target for Tesla is $176.Tesla's (NASDAQ:TSLA) third wave has broken through in the current three wave pattern, with a focus on wave three replicating wave one to land at $176.I have two young sons. One wants to be a vetand the other wants to build houses. I often mention that law is a good subject to study as it can provide an open-minded and educated approach to everyday scenarios we encounter. Unfortunately, I am greeted with looks of bemusement when I suggest this; I guess they're still a bit too young for that suggestion.I find it intriguing how during the origins of modern civilization, human beings agreed on fundamental written laws that still stand today. It was the Romans that came up with the concepts of actus reus(guilty act) and mens rea(guilty mind). A criminal court must be able to prove both beyond reasonable doubt in order to secure a conviction.Today, if one is accused of a crime, you have the right to silence in some societies. You may simply say \"speak to my lawyer\" and, by staying silent, not implicate yourself in even a matter as simple as, \"I knew the person,\" for example. And you can wait for disclosure from the prosecution before building a defense. If you are accused of a crime, and you protest your innocence or invoke your right to remain silent, the prosecution must build a weight of evidence to prove that you committed the crime.It's the argument between the prosecution and defense that goes a long way to determining the winner or loser in a case, and it is that way of thinking (the argument for or against the evidence) where a galaxy of interpretations and complex strategies by legal professionals come to the fore. There is an expanding of the mind to paint a picture of what may or may not be for or against the evidence in question. The importance of evidence also translates into many other fields in life, along with the skills of interpretation and argument.In the case of Tesla's share price vs. future direction, we have clear evidence of a three wave structure, with the third wave making a lower low on the monthly chart below the rejections of waves one and two.TeslaSource: Chart created by the author with data taken from cTrader.We can clearly see a bullish rejection at $1,242, with the price retracing to $708. This we now know is a wave one. The next is wave two at $1,152-$708. A break of $708 also confirms the wave three.Now we can look at the argument as to where Tesla could be headed. I put it to you that the only printed directional bearing we have in front of us is the wave one at $1,242-$708. I would also put it to you that when a wave three breaks, two eventualities will happen - either the wave three will numerically copy wave one or fall further and land, in this case, at $176, or the wave three will fail at its task and take out $1,242 before completing the former.However, there is clear evidence to argue that Tesla is going in the direction of $176. There is a wave one bearing, a wave two mismatch between buyers and sellers, and a wave three technical breakthrough. The $176 target is derived from the principles of the Ward Three Wave theory, which states that if waves one and two were able to continue between two separate price points before finding significant rejection, wave three will look with high probability to numerically copy wave one before it finds its significant rejection.When I wrote the bookThe Ward Three Wave Theory, I wrote a chapter that focuses on waves within waves. It describes how to identify scenarios just like the one in front of us, where the wave three has broken above or below waves one and two. Switching backward from the monthly chart, identifying waves within waves can add credence to the fact that the third wave is breaking support with intent.When we switch to the daily chart and look at the $708 region, we can also clearly see a lower low three wave pattern breaking down into the $600 price region. This is further evidence that perhaps this is not merely a flash dip into a macro wave three, but a tangible time frame that could add further evidence that Tesla's share price is making additional miniature three wave patterns within the direction of its macro third wave.TeslaSource: Chart created by the author with data taken from cTrader.I would expect Tesla to complete its third wave within the next 90-120 days. The third wave has just broken through, with a target of $176 if wave three replicates the bearing set out by wave one. The share price could rise toward support at $708 and even challenge the highs of wave two before potentially dropping to complete the third wave. A move above $1,242 before touching $176 renders the third wave a fail.I will be looking for bullish reversal three wave signals around that price area if the third wave completes. $176 might sound adventurous for Tesla's share price, but we must look at the evidence in front of us.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019748848,"gmtCreate":1648647372959,"gmtModify":1676534370730,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582516780909098","idStr":"3582516780909098"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>yes","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>yes","text":"$Tesla Motors(TSLA)$yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019748848","isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892000204,"gmtCreate":1628608064408,"gmtModify":1676529796792,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582516780909098","idStr":"3582516780909098"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892000204","repostId":"106755120","repostType":1,"repost":{"id":106755120,"gmtCreate":1620151847860,"gmtModify":1704339402952,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582516780909098","idStr":"3582516780909098"},"themes":[],"htmlText":"Nio looks like a good buy now.","listText":"Nio looks like a good buy now.","text":"Nio looks like a good buy now.","images":[{"img":"https://static.tigerbbs.com/5f7b08df42cf593d0181aa052ba6907f","width":"1080","height":"2841"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106755120","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199097259,"gmtCreate":1620655843371,"gmtModify":1704346251498,"author":{"id":"3582516780909098","authorId":"3582516780909098","name":"coldsadcat","avatar":"https://static.tigerbbs.com/a5dcf9d7a13b208ab6bdb3bbb4dbd54b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582516780909098","idStr":"3582516780909098"},"themes":[],"htmlText":"Today is a bad day for Chinese stock it seems...","listText":"Today is a bad day for Chinese stock it seems...","text":"Today is a bad day for Chinese stock it seems...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199097259","repostId":"1175551541","repostType":4,"repost":{"id":"1175551541","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":1620655672,"share":"https://ttm.financial/m/news/1175551541?lang=&edition=fundamental","pubTime":"2021-05-10 22:07","market":"us","language":"en","title":"Most of Chinese stocks fell, pinduoduo plunged about 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=1175551541","media":"Tiger Newspress","summary":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interv","content":"<p>(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In addition, days ago, Bloomberg said that <a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</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>Most of Chinese stocks fell, pinduoduo plunged about 12%</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\">\nMost of Chinese stocks fell, pinduoduo plunged about 12%\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\">2021-05-10 22:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In addition, days ago, Bloomberg said that <a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175551541","content_text":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.In addition, days ago, Bloomberg said that China considers tighter rules for firms listing overseas.China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. Public Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, one of the people said.China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and Alibaba Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, one of the people said.It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.China has already tightened measures for listings on domestic exchanges including Shanghai’s Nasdaq-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}