张邪君 personal page - To The Moon

张邪君

张邪君

張邪君

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2022-01-21

$摩根大通(JPM)$hi

2022-02-02

$特斯拉(TSLA)$ok

2022-03-28

$AMC院线(AMC)$hi

2022-01-14

$伯克希尔B(BRK.B)$hi

2022-01-14

hi

Reminder: On January 17, Martin Luther King Jr. Day, U.S. stocks will be closed for one day

2022-01-26

$ACI环球(ACIW)$hd

2021-08-09

$NanoVibronix Inc(NAOV)$g

2024-01-16

$三倍做空半导体ETF-Direxion Daily(SOXS)$

2022-01-26

ok

Sorry, the original content has been removed

2022-01-16

$Vinco Ventures, Inc.(BBIG)$ok

2022-01-06

ok

Brain Regeneration Technology's intraday changes, stock price rose 9.15% to $28.50 in early trading

2022-01-06

hi

The highest market value has exceeded HK $300 billion, when will SenseTime make a profit?

2021-08-09

go

@Xin大来财:$Bitfarms Ltd.(BITF)$還能上嗎?

2022-01-03

hi

@ddhjnh:$美國鋁業(AA)$。。

Go to Tiger App to see more news

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13:06","market":"uk","language":"zh","title":"Reminder: On January 17, Martin Luther King Jr. Day, U.S. stocks will be closed for one day","url":"https://stock-news.laohu8.com/highlight/detail?id=1119435888","media":"老虎资讯综合","summary":"2022年1月17日（下周一），因马丁·路德·金纪念日，美股休市一天。港股、A股、英股、澳大利亚和新加坡股市均照常交易。【背景简介】马丁·路德·金（Martin Luther King, Jr，192","content":"<p><html><head></head><body>On January 17, 2022 (next Monday), the U.S. stock market will be closed for one day due to Martin Luther King Jr. Day.</p><p>Hong Kong stocks, A-shares, British stocks, Australian and Singapore stock markets all traded as usual.</p><p><b>[Background Introduction]</b></p><p>Martin Luther King, Jr (January 15, 1929-April 4, 1968) was an African-American pastor, social activist, and leader of the black civil rights movement. The third Monday in January every year is Martin Luther King Jr. Day, a federal holiday in the United States. It is one of three statutory holidays in the United States that honor individuals, the other two being \"Columbus Day\", and \"Presidents' Day\" that honors former presidents Abraham Lincoln and George Washington.</p><p>U.S. schools, government, and federal agencies are closed on this day. There will be a memorial service and memorial service on Monday. On the Sunday before that, pastors in all areas will give special sermons to remind everyone of Martin Luther King Jr. 's life of pursuing peace.</p><p><img src=\"https://static.tigerbbs.com/a20806b6a04306399445ed6d5d60d1e4\" tg-width=\"732\" tg-height=\"549\" referrerpolicy=\"no-referrer\"/></p><p></body></html></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>Reminder: On January 17, Martin Luther King Jr. Day, U.S. stocks will be closed for one day</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nReminder: On January 17, Martin Luther King Jr. Day, U.S. stocks will be closed for one day\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-01-11 13:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On January 17, 2022 (next Monday), the U.S. stock market will be closed for one day due to Martin Luther King Jr. Day.</p><p>Hong Kong stocks, A-shares, British stocks, Australian and Singapore stock markets all traded as usual.</p><p><b>[Background Introduction]</b></p><p>Martin Luther King, Jr (January 15, 1929-April 4, 1968) was an African-American pastor, social activist, and leader of the black civil rights movement. The third Monday in January every year is Martin Luther King Jr. Day, a federal holiday in the United States. It is one of three statutory holidays in the United States that honor individuals, the other two being \"Columbus Day\", and \"Presidents' Day\" that honors former presidents Abraham Lincoln and George Washington.</p><p>U.S. schools, government, and federal agencies are closed on this day. There will be a memorial service and memorial service on Monday. On the Sunday before that, pastors in all areas will give special sermons to remind everyone of Martin Luther King Jr. 's life of pursuing peace.</p><p><img src=\"https://static.tigerbbs.com/a20806b6a04306399445ed6d5d60d1e4\" tg-width=\"732\" tg-height=\"549\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a20806b6a04306399445ed6d5d60d1e4","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119435888","content_text":"2022年1月17日（下周一），因马丁·路德·金纪念日，美股休市一天。港股、A股、英股、澳大利亚和新加坡股市均照常交易。【背景简介】马丁·路德·金（Martin Luther King, Jr，1929年1月15日—1968年4月4日），非裔美国人，美国牧师、社会活动家、黑人民权运动领袖。每年1月的第三个星期一，是美国联邦法定假日——马丁·路德·金纪念日。这是美国三个纪念个人的法定假日之一，另外两个是“哥伦布日”，和纪念前总统亚伯拉罕·林肯和乔治·华盛顿的“总统节”。美国学校、政府和联邦机构在这一天都不开放。星期一会有追思仪式及纪念仪式。而在此之前的星期日，所有地区的牧师都会进行特殊布道，提醒每个人缅怀马丁·路德·金追求和平的一生。","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008513005,"gmtCreate":1641481328117,"gmtModify":1676533619686,"author":{"id":"3583397019104555","authorId":"3583397019104555","name":"张邪君","avatar":"https://community-static.tradeup.com/news/6882251e22bdd56ad1ddd55ee807b654","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3583397019104555","idStr":"3583397019104555"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008513005","repostId":"2195782436","repostType":2,"repost":{"id":"2195782436","kind":"news","pubTimestamp":1640704115,"share":"https://ttm.financial/m/news/2195782436?lang=en_US&edition=fundamental","pubTime":"2021-12-28 23:08","market":"us","language":"zh","title":"Brain Regeneration Technology's intraday changes, stock price rose 9.15% to $28.50 in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2195782436","media":"自选股智能写手","summary":"北京时间2021年12月28日23时08分，脑再生科技股票出现异动，股价急速拉升9.15%。截至发稿，该股报28.50美元/股，成交量6673股，换手率0.05%，振幅1.53%。脑再生科技股票所在的制药行业中，整体跌幅为0.02%。其相关个股中，Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 、脑再生科技、惠普森医药涨幅较大，Biofrontera, Inc.、Petros Pharmaceuticals Inc、22Nd Century Group Inc较为活跃，换手率分别为20.52%、11.80%、1.04%，振幅较大的相关个股有Biofrontera Inc. Warrant 2021-27.10.26 On Biofrontera、Biofrontera, Inc.、Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 ，振幅分别为30.45%、12.32%、9.78%。","content":"<p><html><body><article>At 23:08 on December 28, 2021, Beijing time, there was a change in the stock of Brain Regeneration Technology (RGC.us), and the stock price rapidly<span>Pull up</span>9.15%。 As of press time, the stock was quoted at US $28.50 per share, with a turnover of 6,673 shares.<span>Turnover rate</span>0.05%, with an amplitude of 1.53%.</p><p>Recent financial report data shows that the stock has achieved<span>Operating income</span>$0.00,<span>Net profit</span>-$1.35 million,<span>EARNINGS PER</span>-$0.11,<span>GROSS PROFIT</span>-$26,456.00, P/E-248.83 times.</p><p>In terms of institutional ratings, at present, no institution has made \"buy, hold, and sell\" recommendations for the stock.</p><p>In the pharmaceutical industry, where Brain Regeneration Technology stock is located, the overall decline was 0.02%. Among its related stocks, Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com), Brain Regeneration Technology,<a href=\"https://laohu8.com/S/HPQ\">Hewlett-Packard</a>Mori Pharmaceuticals rose sharply, Biofrontera, Inc.,<a href=\"https://laohu8.com/S/PTPI\">Petros Pharmaceuticals Inc</a>22Nd Century Group Inc Relatively active, with turnover rates of 20.52%, 11.80%, and 1.04% respectively. Related stocks with larger amplitudes include<a href=\"https://laohu8.com/S/BFRI\">Biofrontera Inc</a>. Warrant 2021-27.10.26 On Biofrontera, Biofrontera, Inc., Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com), The amplitudes were 30.45%, 12.32% and 9.78%, respectively.</p><p>Brain Regeneration Technology Company Profile: Regencell Bioscience Holdings Ltd engages in the research, development and commercialization of traditional Chinese medicine. These drugs are used to treat neurocognitive disorders and degeneration.</p><p>(The above contents are self-selected shares<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The machine writer Money Call is completed and is only used as a reference for users to read the market, not as a basis for transactions.)</p><p></article></body></html></p>","source":"tencent","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>Brain Regeneration Technology's intraday changes, stock price rose 9.15% to $28.50 in early 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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBrain Regeneration Technology's intraday changes, stock price rose 9.15% to $28.50 in early trading\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">自选股智能写手</strong><span class=\"h-time small\">2021-12-28 23:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><article>At 23:08 on December 28, 2021, Beijing time, there was a change in the stock of Brain Regeneration Technology (RGC.us), and the stock price rapidly<span>Pull up</span>9.15%。 As of press time, the stock was quoted at US $28.50 per share, with a turnover of 6,673 shares.<span>Turnover rate</span>0.05%, with an amplitude of 1.53%.</p><p>Recent financial report data shows that the stock has achieved<span>Operating income</span>$0.00,<span>Net profit</span>-$1.35 million,<span>EARNINGS PER</span>-$0.11,<span>GROSS PROFIT</span>-$26,456.00, P/E-248.83 times.</p><p>In terms of institutional ratings, at present, no institution has made \"buy, hold, and sell\" recommendations for the stock.</p><p>In the pharmaceutical industry, where Brain Regeneration Technology stock is located, the overall decline was 0.02%. Among its related stocks, Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com), Brain Regeneration Technology,<a href=\"https://laohu8.com/S/HPQ\">Hewlett-Packard</a>Mori Pharmaceuticals rose sharply, Biofrontera, Inc.,<a href=\"https://laohu8.com/S/PTPI\">Petros Pharmaceuticals Inc</a>22Nd Century Group Inc Relatively active, with turnover rates of 20.52%, 11.80%, and 1.04% respectively. Related stocks with larger amplitudes include<a href=\"https://laohu8.com/S/BFRI\">Biofrontera Inc</a>. Warrant 2021-27.10.26 On Biofrontera, Biofrontera, Inc., Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com), The amplitudes were 30.45%, 12.32% and 9.78%, respectively.</p><p>Brain Regeneration Technology Company Profile: Regencell Bioscience Holdings Ltd engages in the research, development and commercialization of traditional Chinese medicine. These drugs are used to treat neurocognitive disorders and degeneration.</p><p>(The above contents are self-selected shares<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The machine writer Money Call is completed and is only used as a reference for users to read the market, not as a basis for transactions.)</p><p></article></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202112282308367b7d1d6d&s=b\">自选股智能写手</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3c6daacf13f78492ec38a4e178ddca49","relate_stocks":{"LABP":"Landos Biopharma, Inc.","BK4082":"医疗保健设备","BK4139":"生物科技","RGC":"脑再生科技","CGEM":"Cullinan Therapeutics","LHDX":"Lucira Health, Inc.","BK4196":"保健护理服务","BK4007":"制药","BFRI":"Biofrontera Inc","BK4539":"次新股","SANA":"Sana Biotechnology, Inc."},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202112282308367b7d1d6d&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2195782436","content_text":"北京时间2021年12月28日23时08分，脑再生科技（RGC.us）股票出现异动，股价急速拉升9.15%。截至发稿，该股报28.50美元/股，成交量6673股，换手率0.05%，振幅1.53%。最近的财报数据显示，该股实现营业收入0.00美元，净利润-1.35百万美元，每股收益-0.11美元，毛利-26456.00美元，市盈率-248.83倍。机构评级方面，目前暂无机构对该股做出“买入、持有、卖出”建议。脑再生科技股票所在的制药行业中，整体跌幅为0.02%。其相关个股中，Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com)、脑再生科技、惠普森医药涨幅较大，Biofrontera, Inc.、Petros Pharmaceuticals Inc、22Nd Century Group Inc较为活跃，换手率分别为20.52%、11.80%、1.04%，振幅较大的相关个股有Biofrontera Inc. Warrant 2021-27.10.26 On Biofrontera、Biofrontera, Inc.、Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com)，振幅分别为30.45%、12.32%、9.78%。脑再生科技公司简介：Regencell Bioscience Holdings Ltd 从事中医药的研究、开发和商业化。 这些药物用于治疗神经认知障碍和变性。（以上内容为自选股智能机器写手Money 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13:06","market":"uk","language":"zh","title":"Reminder: On January 17, Martin Luther King Jr. Day, U.S. stocks will be closed for one day","url":"https://stock-news.laohu8.com/highlight/detail?id=1119435888","media":"老虎资讯综合","summary":"2022年1月17日（下周一），因马丁·路德·金纪念日，美股休市一天。港股、A股、英股、澳大利亚和新加坡股市均照常交易。【背景简介】马丁·路德·金（Martin Luther King, Jr，192","content":"<p><html><head></head><body>On January 17, 2022 (next Monday), the U.S. stock market will be closed for one day due to Martin Luther King Jr. Day.</p><p>Hong Kong stocks, A-shares, British stocks, Australian and Singapore stock markets all traded as usual.</p><p><b>[Background Introduction]</b></p><p>Martin Luther King, Jr (January 15, 1929-April 4, 1968) was an African-American pastor, social activist, and leader of the black civil rights movement. The third Monday in January every year is Martin Luther King Jr. Day, a federal holiday in the United States. It is one of three statutory holidays in the United States that honor individuals, the other two being \"Columbus Day\", and \"Presidents' Day\" that honors former presidents Abraham Lincoln and George Washington.</p><p>U.S. schools, government, and federal agencies are closed on this day. There will be a memorial service and memorial service on Monday. On the Sunday before that, pastors in all areas will give special sermons to remind everyone of Martin Luther King Jr. 's life of pursuing peace.</p><p><img src=\"https://static.tigerbbs.com/a20806b6a04306399445ed6d5d60d1e4\" tg-width=\"732\" tg-height=\"549\" referrerpolicy=\"no-referrer\"/></p><p></body></html></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>Reminder: On January 17, Martin Luther King Jr. Day, U.S. stocks will be closed for one day</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nReminder: On January 17, Martin Luther King Jr. Day, U.S. stocks will be closed for one day\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-01-11 13:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On January 17, 2022 (next Monday), the U.S. stock market will be closed for one day due to Martin Luther King Jr. Day.</p><p>Hong Kong stocks, A-shares, British stocks, Australian and Singapore stock markets all traded as usual.</p><p><b>[Background Introduction]</b></p><p>Martin Luther King, Jr (January 15, 1929-April 4, 1968) was an African-American pastor, social activist, and leader of the black civil rights movement. The third Monday in January every year is Martin Luther King Jr. Day, a federal holiday in the United States. It is one of three statutory holidays in the United States that honor individuals, the other two being \"Columbus Day\", and \"Presidents' Day\" that honors former presidents Abraham Lincoln and George Washington.</p><p>U.S. schools, government, and federal agencies are closed on this day. There will be a memorial service and memorial service on Monday. On the Sunday before that, pastors in all areas will give special sermons to remind everyone of Martin Luther King Jr. 's life of pursuing peace.</p><p><img src=\"https://static.tigerbbs.com/a20806b6a04306399445ed6d5d60d1e4\" tg-width=\"732\" tg-height=\"549\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a20806b6a04306399445ed6d5d60d1e4","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119435888","content_text":"2022年1月17日（下周一），因马丁·路德·金纪念日，美股休市一天。港股、A股、英股、澳大利亚和新加坡股市均照常交易。【背景简介】马丁·路德·金（Martin Luther King, Jr，1929年1月15日—1968年4月4日），非裔美国人，美国牧师、社会活动家、黑人民权运动领袖。每年1月的第三个星期一，是美国联邦法定假日——马丁·路德·金纪念日。这是美国三个纪念个人的法定假日之一，另外两个是“哥伦布日”，和纪念前总统亚伯拉罕·林肯和乔治·华盛顿的“总统节”。美国学校、政府和联邦机构在这一天都不开放。星期一会有追思仪式及纪念仪式。而在此之前的星期日，所有地区的牧师都会进行特殊布道，提醒每个人缅怀马丁·路德·金追求和平的一生。","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090593575,"gmtCreate":1643212508888,"gmtModify":1676533785994,"author":{"id":"3583397019104555","authorId":"3583397019104555","name":"张邪君","avatar":"https://community-static.tradeup.com/news/6882251e22bdd56ad1ddd55ee807b654","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3583397019104555","idStr":"3583397019104555"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ACIW\">$ACI环球(ACIW)$</a>hd","listText":"<a 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Daily(SOXS)$","images":[{"img":"https://community-static.tradeup.com/news/5fe10d34e5649154e82995d4827d5ac9","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/263701058830384","isVote":1,"tweetType":1,"viewCount":4842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9090593645,"gmtCreate":1643212471313,"gmtModify":1676533785994,"author":{"id":"3583397019104555","authorId":"3583397019104555","name":"张邪君","avatar":"https://community-static.tradeup.com/news/6882251e22bdd56ad1ddd55ee807b654","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3583397019104555","idStr":"3583397019104555"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090593645","repostId":"1198345042","repostType":4,"isVote":1,"tweetType":1,"viewCount":3680,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005509407,"gmtCreate":1642333921679,"gmtModify":1676533701931,"author":{"id":"3583397019104555","authorId":"3583397019104555","name":"张邪君","avatar":"https://community-static.tradeup.com/news/6882251e22bdd56ad1ddd55ee807b654","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3583397019104555","idStr":"3583397019104555"},"themes":[],"htmlText":"<a 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Inc.(BBIG)$ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005509407","isVote":1,"tweetType":1,"viewCount":2661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008513005,"gmtCreate":1641481328117,"gmtModify":1676533619686,"author":{"id":"3583397019104555","authorId":"3583397019104555","name":"张邪君","avatar":"https://community-static.tradeup.com/news/6882251e22bdd56ad1ddd55ee807b654","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3583397019104555","idStr":"3583397019104555"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008513005","repostId":"2195782436","repostType":2,"repost":{"id":"2195782436","kind":"news","pubTimestamp":1640704115,"share":"https://ttm.financial/m/news/2195782436?lang=en_US&edition=fundamental","pubTime":"2021-12-28 23:08","market":"us","language":"zh","title":"Brain Regeneration Technology's intraday changes, stock price rose 9.15% to $28.50 in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2195782436","media":"自选股智能写手","summary":"北京时间2021年12月28日23时08分，脑再生科技股票出现异动，股价急速拉升9.15%。截至发稿，该股报28.50美元/股，成交量6673股，换手率0.05%，振幅1.53%。脑再生科技股票所在的制药行业中，整体跌幅为0.02%。其相关个股中，Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 、脑再生科技、惠普森医药涨幅较大，Biofrontera, Inc.、Petros Pharmaceuticals Inc、22Nd Century Group Inc较为活跃，换手率分别为20.52%、11.80%、1.04%，振幅较大的相关个股有Biofrontera Inc. Warrant 2021-27.10.26 On Biofrontera、Biofrontera, Inc.、Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 ，振幅分别为30.45%、12.32%、9.78%。","content":"<p><html><body><article>At 23:08 on December 28, 2021, Beijing time, there was a change in the stock of Brain Regeneration Technology (RGC.us), and the stock price rapidly<span>Pull up</span>9.15%。 As of press time, the stock was quoted at US $28.50 per share, with a turnover of 6,673 shares.<span>Turnover rate</span>0.05%, with an amplitude of 1.53%.</p><p>Recent financial report data shows that the stock has achieved<span>Operating income</span>$0.00,<span>Net profit</span>-$1.35 million,<span>EARNINGS PER</span>-$0.11,<span>GROSS PROFIT</span>-$26,456.00, P/E-248.83 times.</p><p>In terms of institutional ratings, at present, no institution has made \"buy, hold, and sell\" recommendations for the stock.</p><p>In the pharmaceutical industry, where Brain Regeneration Technology stock is located, the overall decline was 0.02%. Among its related stocks, Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com), Brain Regeneration Technology,<a href=\"https://laohu8.com/S/HPQ\">Hewlett-Packard</a>Mori Pharmaceuticals rose sharply, Biofrontera, Inc.,<a href=\"https://laohu8.com/S/PTPI\">Petros Pharmaceuticals Inc</a>22Nd Century Group Inc Relatively active, with turnover rates of 20.52%, 11.80%, and 1.04% respectively. Related stocks with larger amplitudes include<a href=\"https://laohu8.com/S/BFRI\">Biofrontera Inc</a>. Warrant 2021-27.10.26 On Biofrontera, Biofrontera, Inc., Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com), The amplitudes were 30.45%, 12.32% and 9.78%, respectively.</p><p>Brain Regeneration Technology Company Profile: Regencell Bioscience Holdings Ltd engages in the research, development and commercialization of traditional Chinese medicine. These drugs are used to treat neurocognitive disorders and degeneration.</p><p>(The above contents are self-selected shares<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The machine writer Money Call is completed and is only used as a reference for users to read the market, not as a basis for transactions.)</p><p></article></body></html></p>","source":"tencent","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>Brain Regeneration Technology's intraday changes, stock price rose 9.15% to $28.50 in early 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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBrain Regeneration Technology's intraday changes, stock price rose 9.15% to $28.50 in early trading\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">自选股智能写手</strong><span class=\"h-time small\">2021-12-28 23:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><article>At 23:08 on December 28, 2021, Beijing time, there was a change in the stock of Brain Regeneration Technology (RGC.us), and the stock price rapidly<span>Pull up</span>9.15%。 As of press time, the stock was quoted at US $28.50 per share, with a turnover of 6,673 shares.<span>Turnover rate</span>0.05%, with an amplitude of 1.53%.</p><p>Recent financial report data shows that the stock has achieved<span>Operating income</span>$0.00,<span>Net profit</span>-$1.35 million,<span>EARNINGS PER</span>-$0.11,<span>GROSS PROFIT</span>-$26,456.00, P/E-248.83 times.</p><p>In terms of institutional ratings, at present, no institution has made \"buy, hold, and sell\" recommendations for the stock.</p><p>In the pharmaceutical industry, where Brain Regeneration Technology stock is located, the overall decline was 0.02%. Among its related stocks, Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com), Brain Regeneration Technology,<a href=\"https://laohu8.com/S/HPQ\">Hewlett-Packard</a>Mori Pharmaceuticals rose sharply, Biofrontera, Inc.,<a href=\"https://laohu8.com/S/PTPI\">Petros Pharmaceuticals Inc</a>22Nd Century Group Inc Relatively active, with turnover rates of 20.52%, 11.80%, and 1.04% respectively. Related stocks with larger amplitudes include<a href=\"https://laohu8.com/S/BFRI\">Biofrontera Inc</a>. Warrant 2021-27.10.26 On Biofrontera, Biofrontera, Inc., Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com), The amplitudes were 30.45%, 12.32% and 9.78%, respectively.</p><p>Brain Regeneration Technology Company Profile: Regencell Bioscience Holdings Ltd engages in the research, development and commercialization of traditional Chinese medicine. These drugs are used to treat neurocognitive disorders and degeneration.</p><p>(The above contents are self-selected shares<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The machine writer Money Call is completed and is only used as a reference for users to read the market, not as a basis for transactions.)</p><p></article></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202112282308367b7d1d6d&s=b\">自选股智能写手</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3c6daacf13f78492ec38a4e178ddca49","relate_stocks":{"LABP":"Landos Biopharma, Inc.","BK4082":"医疗保健设备","BK4139":"生物科技","RGC":"脑再生科技","CGEM":"Cullinan Therapeutics","LHDX":"Lucira Health, Inc.","BK4196":"保健护理服务","BK4007":"制药","BFRI":"Biofrontera Inc","BK4539":"次新股","SANA":"Sana Biotechnology, Inc."},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202112282308367b7d1d6d&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2195782436","content_text":"北京时间2021年12月28日23时08分，脑再生科技（RGC.us）股票出现异动，股价急速拉升9.15%。截至发稿，该股报28.50美元/股，成交量6673股，换手率0.05%，振幅1.53%。最近的财报数据显示，该股实现营业收入0.00美元，净利润-1.35百万美元，每股收益-0.11美元，毛利-26456.00美元，市盈率-248.83倍。机构评级方面，目前暂无机构对该股做出“买入、持有、卖出”建议。脑再生科技股票所在的制药行业中，整体跌幅为0.02%。其相关个股中，Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com)、脑再生科技、惠普森医药涨幅较大，Biofrontera, Inc.、Petros Pharmaceuticals Inc、22Nd Century Group Inc较为活跃，换手率分别为20.52%、11.80%、1.04%，振幅较大的相关个股有Biofrontera Inc. Warrant 2021-27.10.26 On Biofrontera、Biofrontera, Inc.、Clarus Therapeutics Hldgs Inc C/Wts 11/08/2026 (To Pur Com)，振幅分别为30.45%、12.32%、9.78%。脑再生科技公司简介：Regencell Bioscience Holdings Ltd 从事中医药的研究、开发和商业化。 这些药物用于治疗神经认知障碍和变性。（以上内容为自选股智能机器写手Money Call完成，仅作为用户看盘参考，不作为交易依据。）","news_type":1,"symbols_score_info":{"LABP":0.65,"BFRI":0.81,"LHDX":0.65,"RGC":0.9,"SANA":0.65,"APR":0.65,"CGEM":0.65}},"isVote":1,"tweetType":1,"viewCount":3272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008808708,"gmtCreate":1641398566083,"gmtModify":1676533610728,"author":{"id":"3583397019104555","authorId":"3583397019104555","name":"张邪君","avatar":"https://community-static.tradeup.com/news/6882251e22bdd56ad1ddd55ee807b654","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3583397019104555","idStr":"3583397019104555"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008808708","repostId":"1124485296","repostType":4,"repost":{"id":"1124485296","kind":"news","pubTimestamp":1641382301,"share":"https://ttm.financial/m/news/1124485296?lang=en_US&edition=fundamental","pubTime":"2022-01-05 19:31","market":"hk","language":"zh","title":"The highest market value has exceeded HK $300 billion, when will SenseTime make a profit?","url":"https://stock-news.laohu8.com/highlight/detail?id=1124485296","media":"读数一帜","summary":"2022年1月5日，商汤收盘价跌15%至6.97港元，市值为2320亿港元。受上述消息影响，12月13日，商汤发布公告称，公司将延迟上市，并退回申请股款。7天后，即12月20日，商汤宣布重启公开招股。依据2022年1月4日收盘价8.2港元计算，商汤股价相对于IPO发行价暴涨112.99%，总市值2729亿港元约，盘中一度突破3000亿港元。2020年以及2021年上半年，商汤毛利率分别高达70.57%以及72.95%。","content":"<p><html><head></head><body>Although SenseTime's revenue and gross profit margin have continued to rise in recent years, administrative research and development expenses are relatively high and it is still in a state of loss. SenseTime believes that with the rapid growth of the company, the scale effects of administration and R&D will become increasingly apparent<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The leading software company and the first AI stock, SenseTime Group Co., Ltd. (SenseTime, 0020. HK) has been highly sought after by investors after its listing. The skyrocketing stock price has also caused controversy over whether the market value matches the performance.</p><p>SenseTime was founded in Hong Kong, China in 2014. Its founding team includes Tang Xiaoou, Xu Li, Wang Xiaogang, Xu Bing, etc. SenseTime has always been regarded as the world's largest artificial intelligence unicorn, focusing on machine vision. Its excellent market position has helped SenseTime attract top private equity blessings including SoftBank, Primavera Capital, and IDG. According to the Frost & Sullivan Report, SenseTime will be the AI company with the highest revenue in Asia in 2020.</p><p><a href=\"https://laohu8.com/S/DLX\">Luxurious</a>Coupled with the enthusiasm of global investors for artificial intelligence, it is not surprising that SenseTime has gained enthusiasm from investors after its listing. Based on the closing price of HK $8.2 on January 4, 2022, the AI giant's stock price rose by 112.99% (relative to the issue price) in the four trading days after its listing.<b>Wind data shows that among artificial intelligence concept stocks in Hong Kong stocks that day,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>(0700. HK)<a href=\"https://laohu8.com/S/000063\">ZTE Corporation</a>(0763. HK) market capitalizations are HK $4.32 trillion and HK $178.321 billion respectively.</b></p><p>On January 5, 2022, SenseTime's closing price fell 15% to HK $6.97, with a market value of HK $232 billion.</p><p><b>When the stock price soared, the rationality of SenseTime's market value has also become the focus of market controversy. Some institutions believe that SenseTime's valuation is overvalued by 30% or even 50% due to market competition, cost control and other considerations; There are also optimistic institutions that believe that there is room for further growth in the market value of SenseTime due to the consideration of circulation and liquidity premium.</b></p><p><b>Stock price doubled</b></p><p>Unlike Yuncong Technology and Megvii Technology, which chose to list on the A-share market, SenseTime chose to list on the Hong Kong Stock Exchange. SenseTime told Caijing reporters that the company uses core technologies as<a href=\"https://laohu8.com/S/838275\">Driving force</a>Out of the Multimedia Laboratory of the Chinese University of Hong Kong, Hong Kong and Shanghai witnessed the establishment and growth of the company.</p><p>However, SenseTime's listing on the Hong Kong Stock Exchange once suffered twists and turns.</p><p>SenseTime submitted the hearing information to the Stock Exchange on November 22, 2021. Just as the company was preparing to issue shares, the U.S. Department of the Treasury issued an announcement (December 10, 2021) to add SenseTime to the list of so-called \"Chinese military-industrial complex enterprises\" and prohibit U.S. investors from investing in SenseTime.</p><p>SenseTime subsequently issued a statement saying that the company strongly opposes this decision and related allegations. The decision and related allegations are groundless and reflect a fundamental misunderstanding of the company. Technological development should not be affected by geopolitics.</p><p>Affected by the above news, on December 13, SenseTime issued an announcement stating that the company would delay the listing and refund the application funds.</p><p><b>The suppression by the United States has not substantially affected SenseTime's offering plan.</b>Seven days later, on December 20, SenseTime announced the restart of its public offering. The announcement shows that SenseTime raised HK $5.552 billion in this public offering. SenseTime said that about 60% (HK $3.331 billion) of the funds raised by the company will be used to enhance the company's research and development capabilities.</p><p><b>SenseTime said that in order to protect the interests of investors and help investors consider the potential impact of the latest developments on their investment decisions, the company earlier decided to delay the listing and allow cornerstone investors to reconsider whether to continue investing.</b></p><p><a href=\"https://laohu8.com/S/601211\">Guotai Junan</a>Said SenseTime has excluded U.S. investors and swapped all cornerstone investors for Chinese companies, including the Mixed Ownership Reform Fund and the Shanghai Artificial Intelligence Industry Equity Investment Fund.</p><p>Out of optimism about the future of artificial intelligence, SenseTime has won enthusiasm from investors after its listing. Based on the closing price of HK $8.2 on January 4, 2022, SenseTime's stock price soared 112.99% relative to the IPO issue price, with a total market value of approximately HK $272.9 billion (223.8 billion yuan), which once exceeded HK $300 billion during the session. The rapid rise in the stock price has triggered market concerns about the overvaluation of SenseTime.</p><p>Some institutions said that the surge in SenseTime's stock price was largely attributed to the market liquidity premium.<b>\"In the primary market, apart from the company's fundamentals, there is also a process of beating the drum and spreading the flowers in valuation. Some well-known shareholders will also attract more institutions to participate, and the valuation will rise accordingly.\" Yong Yang, a senior researcher at Yihe Yinfeng Investment Management Co., Ltd. told Caijing that in the secondary market, stronger liquidity is the main factor for SenseTime's stock price surge after its listing.</b></p><p>In Yang Yong's view, SenseTime is still losing money at present. As a technology company, it is more reasonable to use PS (price-to-sales ratio) valuation. According to comparable companies and revenue forecasts, the industry demand may be lower than expected due to the macro economy and the epidemic., and the industry may face further intensification of competition in the future. At present, the company's valuation is too high and there are many bubbles. The valuation in 2022 should be 100 billion to 130 billion yuan (about 120 billion to 160 billion Hong Kong dollars).</p><p>Essence Securities stated that considering that SenseTime has deep accumulation in AI technology research, and its revenue is growing rapidly, and it has a certain growth potential, the reasonable stock price range after listing is HK $4.87 to HK $5.85, corresponding to a market value of HK $162.1 billion to HK $194.7 billion, corresponding to 15 times to 18 times PS.</p><p>The valuation given by Guoyuan International is more cautious. It released a research report on December 7, 2021, saying that SenseTime's valuation after listing is about 120 billion Hong Kong dollars, corresponding to about 26 times the dynamic PS in 2021. The valuation is on the high side, but because the company is in a leading position in the business, It has the concept of AI and metaverse, and the proportion of global offering shareholders is only 4.5%, which is easy to attract hot money into the market.</p><p>Compared with the above institutions,<a href=\"https://laohu8.com/S/02611\">Guotai Junan</a>It is more optimistic. In its report on January 4, 2022, it pointed out that SenseTime's circulation market is relatively small, and there is huge room for improvement in the company's performance and valuation. Although its stock price has risen sharply, the possibility of further stock price rises cannot be ruled out.</p><p><b>Revenue landscape</b></p><p>\"SenseTime hopes to promote the implementation of technology, use technological breakthroughs to redefine scenarios and models, and refresh the public's understanding of artificial intelligence.\" Xu Li, co-founder, chairman and CEO of SenseTime, said in his speech at the listing ceremony: Artificial intelligence Technological changes bring incremental value and will promote the arrival of an inclusive and fair intelligent era.</p><p>This constitutes the business foundation of SenseTime's revenue.</p><p>SenseTime's revenue is mainly driven by four sectors, namely smart business, smart city, smart life, and smart car. Among them, smart business and smart city are SenseTime's two main sources of revenue from 2018 to 2020, contributing more than 70% of the company's revenue. In 2020, the company's above-mentioned two major business income will be 1.485 billion yuan and 1.369 billion yuan respectively, accounting for 43.1% and 39.7% respectively.</p><p>In the first half of 2021, SenseTime's smart city business revenue increased 2.4 times year-on-year to 786 million yuan, accounting for 47.6%, becoming the company's largest business source; The company's smart business revenue increased by 58.97% year-on-year to 647 million yuan.</p><p>Under the high growth, the problem of revenue imbalance between different sectors of SenseTime has also emerged. Taking 2020 as an example, in the other two major sectors other than smart business and smart cities, smart life and smart car revenue accounted for only 12.6% and 4.6%.</p><p>In the first half of 2021, SenseTime's smart car revenue only increased by 4.59% year-on-year to 71 million yuan, and its smart life revenue was 148 million yuan, which even declined compared with 156 million yuan in the same period last year.</p><p>In addition, despite having the title of the world's largest artificial intelligence unicorn, SenseTime is not currently international enough. From a regional perspective, although SenseTime's revenue in mainland China increased significantly in the first half of 2021, its revenue in other regions was not ideal.</p><p>SenseTime has four main operating regions around the world, namely Mainland China, Northeast Asia, Southeast Asia, Hong Kong and the Middle East. In the first half of 2021, the company's revenue in mainland China was 1.413 billion yuan, a year-on-year growth rate of 208.52%.</p><p>During the same period, SenseTime's revenue in Northeast Asia, Southeast Asia, Hong Kong, and the Middle East was 203 million yuan, 22 million yuan, and 14 million yuan respectively, all declining year-on-year. Among them, the year-on-year decline in revenue in the latter two regions was as high as 76.84% and 82.93% respectively.</p><p><b>The aura remains. In terms of revenue scale, SenseTime ranks first among the four little dragons of AI. The four little dragons of AI refer to SenseTime, Megvii Technology, Yuncong Technology and Yitu Technology. Publicly disclosed data shows that in 2020, the revenue scale of the top three artificial intelligence companies mentioned above was 3.446 billion yuan, 1.391 billion yuan, and 755 million yuan respectively. Yitu Technology's revenue in the first half of 2020 was only 381 million yuan.</b></p><p>The performance in terms of gross profit margin is also good. In 2020 and the first half of 2021, SenseTime's gross profit margins will be as high as 70.57% and 72.95% respectively. In 2020, the data of Megvii Technology and Yuncong Technology were 33.11% and 43.21% respectively.</p><p><b>Continued losses</b></p><p>SenseTime is still not out of the loss predicament.</p><p>From 2018 to 2020, the company's losses rose from 3.433 billion yuan to 12.158 billion yuan. In the first half of 2021, the company's losses narrowed, with a loss of 3.713 billion yuan.</p><p>The main reason for the company's substantial losses is the change in the fair value of preferred shares and other financial liabilities. According to the accounting standards, the valuation of preferred shares and other financial liabilities will increase accordingly due to the increase of the company's valuation, and the resulting increase in liabilities will be recorded as the loss of the company. The prospectus shows that the fair value loss of the company's preferred shares and other financial liabilities increased from 3.182 billion yuan in 2018 to 10.564 billion yuan in 2020.</p><p>Despite this, after adjustment, SenseTime's losses from 2018 to 2020 are still as high as 221 million yuan, 1.037 billion yuan, and 878 million yuan respectively. In the first half of 2021, the figure was 726 million yuan, which was significantly narrowed compared with the loss of 1.099 billion yuan in the same period last year.</p><p>High R&D expenses and administrative expenses are the main reasons why SenseTime still suffers losses after adjustment.</p><p><b>With a proportion of over 50%, employee welfare expenses have become the primary cost of the company's R&D expenses.</b>From 2018 to 2020, SenseTime's employee welfare expenses were 513 million yuan, 1.116 billion yuan, and 1.569 billion yuan, accounting for 60.4%, 58.3%, and 63.9% of R&D expenses, respectively. In the first half of 2021, the company's data was 1.285 billion yuan, accounting for 72.5%.</p><p>Employee welfare expenses, marketing and travel expenses are the major components of SenseTime's selling expenses. From 2018 to 2020, among SenseTime's sales expenses, employee welfare expenses were 142 million yuan, 322 million yuan, and 405 million yuan respectively, accounting for 75.4% from 69.5%. In the first half of 2021, SenseTime's employee welfare expenses were 233 million yuan, accounting for 79.5% further.</p><p>In addition, SenseTime's administrative expenses also remain high. From 2018 to 2020, among the company's administrative expenses, employee welfare expenses were 149 million yuan, 336 million yuan, and 930 million yuan respectively, accounting for 58.5% from 32.9%. In the first half of 2021, this data increased by 53% year-on-year to 1.149 billion yuan, accounting for 79.7%.</p><p>It can be seen from the above data that in the first half of 2021, the company's employee benefits in sales expenses and administrative expenses totaled approximately 1.382 billion yuan.</p><p><b>\"There is still much room for improvement in SenseTime's expense ratio. The key to profitability includes two aspects, revenue improvement and control of costs and expenses. From the current point of view, the key to profitability is to control management and R&D expenses.\" Yang Yong told Caijing reporters that once the company enters a healthy development and the business model and business model are stable, the company's expense ratio will drop significantly, and it is expected to be profitable in the next three years or so.</b></p><p><b>\"With the rapid growth of the company, the scale effect of the company's administrative expenses will gradually be revealed.\" SenseTime told Caijing reporters that with the continuous improvement of R&D efficiency, the scale effect of R&D costs will also increase in the future. show.</b></p><p>Among the directors and executives of SenseTime, there are four founders, namely Xu Li, executive chairman and chief executive officer of the board of directors, Tang Xiaoou, executive director, Wang Xiaogang, executive director and chief scientist, and Xu Bing, executive director and secretary of the board of directors. Among them, Wang Xiaogang is the brother-in-law of Tang Xiaoou, the actual controller of the company.</p><p>In 2020, the total salaries of Xu Li, Wang Xiaogang, and Xu Bing will be 357 million yuan, 163 million yuan, and 161 million yuan respectively, and their share-based salary expenses will be 353 million yuan, 158 million yuan, and 158 million yuan respectively. During the same period, the three people received salaries and wages of 2.377 million yuan, 3.306 million yuan, and 1.904 million yuan respectively, and discretionary bonuses of 1.238 million yuan, 1.054 million yuan, and 1.096 million yuan respectively.</p><p><b>\"The disclosure principle of the prospectus is based on the requirements under the accounting standards and is consistent with other Hong Kong listed companies that also set up equity incentive plans; the disclosure of executive compensation includes equity incentives in addition to salary and bonus income.\" SenseTime told Caijing reporters that from the company's perspective, there were no additional actual cash expenditures due to executive equity incentives.<a href=\"https://laohu8.com/S/V03.SI\">Startups</a>Choose to use equity to incentivize founding teams and executives.</b></p><p>It is worth noting that from 2018 to the first half of 2021, SenseTime's trade receivables were 1.332 billion yuan, 2.615 billion yuan, 3.748 billion yuan, and 3.926 billion yuan respectively, while the impairment provisions for trade receivables were 102 million yuan, 212 million yuan, 610 million yuan, and 785 million yuan, accounting for 7.66%, 8.11%, 16.28%, and 19.99% respectively, showing a substantial increase.</p><p>During the same period, the company's other receivables were 115 million yuan, 2.248 billion yuan, 1.319 billion yuan, and 880 million yuan respectively, while the balances of impairment provisions for other receivables were 036 million yuan, 164 million yuan, and 245 million yuan respectively. Yuan, 259 million yuan, accounting for a significant increase from 3.13% to 29.43%.</p><p>SenseTime said the company faces risks related to delayed payments or defaults by customers, and the company has had significant impairment losses.</p><p></body></html></p>","source":"lsy1589542236822","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 highest market value has exceeded HK $300 billion, when will SenseTime make a profit?</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: 12.5px; color: #7E829C; margin: 0;}\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 highest market value has exceeded HK $300 billion, when will SenseTime make a profit?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">读数一帜</strong><span class=\"h-time small\">2022-01-05 19:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Although SenseTime's revenue and gross profit margin have continued to rise in recent years, administrative research and development expenses are relatively high and it is still in a state of loss. SenseTime believes that with the rapid growth of the company, the scale effects of administration and R&D will become increasingly apparent<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The leading software company and the first AI stock, SenseTime Group Co., Ltd. (SenseTime, 0020. HK) has been highly sought after by investors after its listing. The skyrocketing stock price has also caused controversy over whether the market value matches the performance.</p><p>SenseTime was founded in Hong Kong, China in 2014. Its founding team includes Tang Xiaoou, Xu Li, Wang Xiaogang, Xu Bing, etc. SenseTime has always been regarded as the world's largest artificial intelligence unicorn, focusing on machine vision. Its excellent market position has helped SenseTime attract top private equity blessings including SoftBank, Primavera Capital, and IDG. According to the Frost & Sullivan Report, SenseTime will be the AI company with the highest revenue in Asia in 2020.</p><p><a href=\"https://laohu8.com/S/DLX\">Luxurious</a>Coupled with the enthusiasm of global investors for artificial intelligence, it is not surprising that SenseTime has gained enthusiasm from investors after its listing. Based on the closing price of HK $8.2 on January 4, 2022, the AI giant's stock price rose by 112.99% (relative to the issue price) in the four trading days after its listing.<b>Wind data shows that among artificial intelligence concept stocks in Hong Kong stocks that day,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>(0700. HK)<a href=\"https://laohu8.com/S/000063\">ZTE Corporation</a>(0763. HK) market capitalizations are HK $4.32 trillion and HK $178.321 billion respectively.</b></p><p>On January 5, 2022, SenseTime's closing price fell 15% to HK $6.97, with a market value of HK $232 billion.</p><p><b>When the stock price soared, the rationality of SenseTime's market value has also become the focus of market controversy. Some institutions believe that SenseTime's valuation is overvalued by 30% or even 50% due to market competition, cost control and other considerations; There are also optimistic institutions that believe that there is room for further growth in the market value of SenseTime due to the consideration of circulation and liquidity premium.</b></p><p><b>Stock price doubled</b></p><p>Unlike Yuncong Technology and Megvii Technology, which chose to list on the A-share market, SenseTime chose to list on the Hong Kong Stock Exchange. SenseTime told Caijing reporters that the company uses core technologies as<a href=\"https://laohu8.com/S/838275\">Driving force</a>Out of the Multimedia Laboratory of the Chinese University of Hong Kong, Hong Kong and Shanghai witnessed the establishment and growth of the company.</p><p>However, SenseTime's listing on the Hong Kong Stock Exchange once suffered twists and turns.</p><p>SenseTime submitted the hearing information to the Stock Exchange on November 22, 2021. Just as the company was preparing to issue shares, the U.S. Department of the Treasury issued an announcement (December 10, 2021) to add SenseTime to the list of so-called \"Chinese military-industrial complex enterprises\" and prohibit U.S. investors from investing in SenseTime.</p><p>SenseTime subsequently issued a statement saying that the company strongly opposes this decision and related allegations. The decision and related allegations are groundless and reflect a fundamental misunderstanding of the company. Technological development should not be affected by geopolitics.</p><p>Affected by the above news, on December 13, SenseTime issued an announcement stating that the company would delay the listing and refund the application funds.</p><p><b>The suppression by the United States has not substantially affected SenseTime's offering plan.</b>Seven days later, on December 20, SenseTime announced the restart of its public offering. The announcement shows that SenseTime raised HK $5.552 billion in this public offering. SenseTime said that about 60% (HK $3.331 billion) of the funds raised by the company will be used to enhance the company's research and development capabilities.</p><p><b>SenseTime said that in order to protect the interests of investors and help investors consider the potential impact of the latest developments on their investment decisions, the company earlier decided to delay the listing and allow cornerstone investors to reconsider whether to continue investing.</b></p><p><a href=\"https://laohu8.com/S/601211\">Guotai Junan</a>Said SenseTime has excluded U.S. investors and swapped all cornerstone investors for Chinese companies, including the Mixed Ownership Reform Fund and the Shanghai Artificial Intelligence Industry Equity Investment Fund.</p><p>Out of optimism about the future of artificial intelligence, SenseTime has won enthusiasm from investors after its listing. Based on the closing price of HK $8.2 on January 4, 2022, SenseTime's stock price soared 112.99% relative to the IPO issue price, with a total market value of approximately HK $272.9 billion (223.8 billion yuan), which once exceeded HK $300 billion during the session. The rapid rise in the stock price has triggered market concerns about the overvaluation of SenseTime.</p><p>Some institutions said that the surge in SenseTime's stock price was largely attributed to the market liquidity premium.<b>\"In the primary market, apart from the company's fundamentals, there is also a process of beating the drum and spreading the flowers in valuation. Some well-known shareholders will also attract more institutions to participate, and the valuation will rise accordingly.\" Yong Yang, a senior researcher at Yihe Yinfeng Investment Management Co., Ltd. told Caijing that in the secondary market, stronger liquidity is the main factor for SenseTime's stock price surge after its listing.</b></p><p>In Yang Yong's view, SenseTime is still losing money at present. As a technology company, it is more reasonable to use PS (price-to-sales ratio) valuation. According to comparable companies and revenue forecasts, the industry demand may be lower than expected due to the macro economy and the epidemic., and the industry may face further intensification of competition in the future. At present, the company's valuation is too high and there are many bubbles. The valuation in 2022 should be 100 billion to 130 billion yuan (about 120 billion to 160 billion Hong Kong dollars).</p><p>Essence Securities stated that considering that SenseTime has deep accumulation in AI technology research, and its revenue is growing rapidly, and it has a certain growth potential, the reasonable stock price range after listing is HK $4.87 to HK $5.85, corresponding to a market value of HK $162.1 billion to HK $194.7 billion, corresponding to 15 times to 18 times PS.</p><p>The valuation given by Guoyuan International is more cautious. It released a research report on December 7, 2021, saying that SenseTime's valuation after listing is about 120 billion Hong Kong dollars, corresponding to about 26 times the dynamic PS in 2021. The valuation is on the high side, but because the company is in a leading position in the business, It has the concept of AI and metaverse, and the proportion of global offering shareholders is only 4.5%, which is easy to attract hot money into the market.</p><p>Compared with the above institutions,<a href=\"https://laohu8.com/S/02611\">Guotai Junan</a>It is more optimistic. In its report on January 4, 2022, it pointed out that SenseTime's circulation market is relatively small, and there is huge room for improvement in the company's performance and valuation. Although its stock price has risen sharply, the possibility of further stock price rises cannot be ruled out.</p><p><b>Revenue landscape</b></p><p>\"SenseTime hopes to promote the implementation of technology, use technological breakthroughs to redefine scenarios and models, and refresh the public's understanding of artificial intelligence.\" Xu Li, co-founder, chairman and CEO of SenseTime, said in his speech at the listing ceremony: Artificial intelligence Technological changes bring incremental value and will promote the arrival of an inclusive and fair intelligent era.</p><p>This constitutes the business foundation of SenseTime's revenue.</p><p>SenseTime's revenue is mainly driven by four sectors, namely smart business, smart city, smart life, and smart car. Among them, smart business and smart city are SenseTime's two main sources of revenue from 2018 to 2020, contributing more than 70% of the company's revenue. In 2020, the company's above-mentioned two major business income will be 1.485 billion yuan and 1.369 billion yuan respectively, accounting for 43.1% and 39.7% respectively.</p><p>In the first half of 2021, SenseTime's smart city business revenue increased 2.4 times year-on-year to 786 million yuan, accounting for 47.6%, becoming the company's largest business source; The company's smart business revenue increased by 58.97% year-on-year to 647 million yuan.</p><p>Under the high growth, the problem of revenue imbalance between different sectors of SenseTime has also emerged. Taking 2020 as an example, in the other two major sectors other than smart business and smart cities, smart life and smart car revenue accounted for only 12.6% and 4.6%.</p><p>In the first half of 2021, SenseTime's smart car revenue only increased by 4.59% year-on-year to 71 million yuan, and its smart life revenue was 148 million yuan, which even declined compared with 156 million yuan in the same period last year.</p><p>In addition, despite having the title of the world's largest artificial intelligence unicorn, SenseTime is not currently international enough. From a regional perspective, although SenseTime's revenue in mainland China increased significantly in the first half of 2021, its revenue in other regions was not ideal.</p><p>SenseTime has four main operating regions around the world, namely Mainland China, Northeast Asia, Southeast Asia, Hong Kong and the Middle East. In the first half of 2021, the company's revenue in mainland China was 1.413 billion yuan, a year-on-year growth rate of 208.52%.</p><p>During the same period, SenseTime's revenue in Northeast Asia, Southeast Asia, Hong Kong, and the Middle East was 203 million yuan, 22 million yuan, and 14 million yuan respectively, all declining year-on-year. Among them, the year-on-year decline in revenue in the latter two regions was as high as 76.84% and 82.93% respectively.</p><p><b>The aura remains. In terms of revenue scale, SenseTime ranks first among the four little dragons of AI. The four little dragons of AI refer to SenseTime, Megvii Technology, Yuncong Technology and Yitu Technology. Publicly disclosed data shows that in 2020, the revenue scale of the top three artificial intelligence companies mentioned above was 3.446 billion yuan, 1.391 billion yuan, and 755 million yuan respectively. Yitu Technology's revenue in the first half of 2020 was only 381 million yuan.</b></p><p>The performance in terms of gross profit margin is also good. In 2020 and the first half of 2021, SenseTime's gross profit margins will be as high as 70.57% and 72.95% respectively. In 2020, the data of Megvii Technology and Yuncong Technology were 33.11% and 43.21% respectively.</p><p><b>Continued losses</b></p><p>SenseTime is still not out of the loss predicament.</p><p>From 2018 to 2020, the company's losses rose from 3.433 billion yuan to 12.158 billion yuan. In the first half of 2021, the company's losses narrowed, with a loss of 3.713 billion yuan.</p><p>The main reason for the company's substantial losses is the change in the fair value of preferred shares and other financial liabilities. According to the accounting standards, the valuation of preferred shares and other financial liabilities will increase accordingly due to the increase of the company's valuation, and the resulting increase in liabilities will be recorded as the loss of the company. The prospectus shows that the fair value loss of the company's preferred shares and other financial liabilities increased from 3.182 billion yuan in 2018 to 10.564 billion yuan in 2020.</p><p>Despite this, after adjustment, SenseTime's losses from 2018 to 2020 are still as high as 221 million yuan, 1.037 billion yuan, and 878 million yuan respectively. In the first half of 2021, the figure was 726 million yuan, which was significantly narrowed compared with the loss of 1.099 billion yuan in the same period last year.</p><p>High R&D expenses and administrative expenses are the main reasons why SenseTime still suffers losses after adjustment.</p><p><b>With a proportion of over 50%, employee welfare expenses have become the primary cost of the company's R&D expenses.</b>From 2018 to 2020, SenseTime's employee welfare expenses were 513 million yuan, 1.116 billion yuan, and 1.569 billion yuan, accounting for 60.4%, 58.3%, and 63.9% of R&D expenses, respectively. In the first half of 2021, the company's data was 1.285 billion yuan, accounting for 72.5%.</p><p>Employee welfare expenses, marketing and travel expenses are the major components of SenseTime's selling expenses. From 2018 to 2020, among SenseTime's sales expenses, employee welfare expenses were 142 million yuan, 322 million yuan, and 405 million yuan respectively, accounting for 75.4% from 69.5%. In the first half of 2021, SenseTime's employee welfare expenses were 233 million yuan, accounting for 79.5% further.</p><p>In addition, SenseTime's administrative expenses also remain high. From 2018 to 2020, among the company's administrative expenses, employee welfare expenses were 149 million yuan, 336 million yuan, and 930 million yuan respectively, accounting for 58.5% from 32.9%. In the first half of 2021, this data increased by 53% year-on-year to 1.149 billion yuan, accounting for 79.7%.</p><p>It can be seen from the above data that in the first half of 2021, the company's employee benefits in sales expenses and administrative expenses totaled approximately 1.382 billion yuan.</p><p><b>\"There is still much room for improvement in SenseTime's expense ratio. The key to profitability includes two aspects, revenue improvement and control of costs and expenses. From the current point of view, the key to profitability is to control management and R&D expenses.\" Yang Yong told Caijing reporters that once the company enters a healthy development and the business model and business model are stable, the company's expense ratio will drop significantly, and it is expected to be profitable in the next three years or so.</b></p><p><b>\"With the rapid growth of the company, the scale effect of the company's administrative expenses will gradually be revealed.\" SenseTime told Caijing reporters that with the continuous improvement of R&D efficiency, the scale effect of R&D costs will also increase in the future. show.</b></p><p>Among the directors and executives of SenseTime, there are four founders, namely Xu Li, executive chairman and chief executive officer of the board of directors, Tang Xiaoou, executive director, Wang Xiaogang, executive director and chief scientist, and Xu Bing, executive director and secretary of the board of directors. Among them, Wang Xiaogang is the brother-in-law of Tang Xiaoou, the actual controller of the company.</p><p>In 2020, the total salaries of Xu Li, Wang Xiaogang, and Xu Bing will be 357 million yuan, 163 million yuan, and 161 million yuan respectively, and their share-based salary expenses will be 353 million yuan, 158 million yuan, and 158 million yuan respectively. During the same period, the three people received salaries and wages of 2.377 million yuan, 3.306 million yuan, and 1.904 million yuan respectively, and discretionary bonuses of 1.238 million yuan, 1.054 million yuan, and 1.096 million yuan respectively.</p><p><b>\"The disclosure principle of the prospectus is based on the requirements under the accounting standards and is consistent with other Hong Kong listed companies that also set up equity incentive plans; the disclosure of executive compensation includes equity incentives in addition to salary and bonus income.\" SenseTime told Caijing reporters that from the company's perspective, there were no additional actual cash expenditures due to executive equity incentives.<a href=\"https://laohu8.com/S/V03.SI\">Startups</a>Choose to use equity to incentivize founding teams and executives.</b></p><p>It is worth noting that from 2018 to the first half of 2021, SenseTime's trade receivables were 1.332 billion yuan, 2.615 billion yuan, 3.748 billion yuan, and 3.926 billion yuan respectively, while the impairment provisions for trade receivables were 102 million yuan, 212 million yuan, 610 million yuan, and 785 million yuan, accounting for 7.66%, 8.11%, 16.28%, and 19.99% respectively, showing a substantial increase.</p><p>During the same period, the company's other receivables were 115 million yuan, 2.248 billion yuan, 1.319 billion yuan, and 880 million yuan respectively, while the balances of impairment provisions for other receivables were 036 million yuan, 164 million yuan, and 245 million yuan respectively. Yuan, 259 million yuan, accounting for a significant increase from 3.13% to 29.43%.</p><p>SenseTime said the company faces risks related to delayed payments or defaults by customers, and the company has had significant impairment losses.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/CvDtiF0DXLX8xtWnepWODQ\">读数一帜</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3b2be8352a2da2e1aeca513d0b204831","relate_stocks":{"00020":"商汤-W"},"source_url":"https://mp.weixin.qq.com/s/CvDtiF0DXLX8xtWnepWODQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124485296","content_text":"尽管近年来商汤营收、毛利率持续上升，但行政研发等费用偏高，仍处于亏损状态。商汤认为，随着公司高速增长，行政和研发的规模效应会愈发显现人工智能软件公司龙头、AI第一股，商汤集团股份有限公司（商汤，0020.HK）上市后备受投资者追捧。股价的暴涨也引发市值与业绩是否匹配的争议。商汤，成立于2014年的中国香港，其创始团队包括汤晓鸥、徐立、王晓刚、徐冰等。商汤一直被视为全球最大的人工智能独角兽，主攻机器视觉，卓越的市场地位帮助商汤吸引了软银、春华资本、IDG等在内的顶级私募加持。据弗若斯特沙利文报告，2020年，商汤是亚洲收入排名最高的AI公司。豪华的投资团队，再加上全球投资者对于人工智能的热捧，商汤上市以后获得投资者热捧不足为奇。依据2022年1月4日收盘价8.2港元计算，这家AI巨头上市以后的四个交易日股价涨幅达112.99%（相对发行价）。Wind数据显示，当日港股人工智能概念股中，腾讯控股（0700.HK）、中兴通讯（0763.HK）市值分别为4.32万亿港元、1783.21亿港元。2022年1月5日，商汤收盘价跌15%至6.97港元，市值为2320亿港元。股价大涨之际，商汤的市值合理性问题也成为市场争议的焦点。一些机构出于市场竞争、费用管控等考量，认为商汤的估值存在30%乃至50%的高估；也有乐观的机构，出于流通盘以及流动性溢价的考量，认为商汤市值存在进一步上升空间。股价翻番与云从科技、旷视科技选择在A股上市不同，商汤选择的上市地为港交所。商汤告诉《财经》记者，公司是以核心技术为驱动力的科研创新企业，从香港中文大学多媒体实验室走出，香港和上海两个城市见证了公司的成立和成长。然而，商汤在港交所的上市一度遭遇波折。商汤于2021年11月22日向联交所提交聆讯资料。就在公司准备发行股份之际，美国财政部发布公告（2021年12月10日），将商汤加入所谓“中国军工复合体企业”清单，禁止美国投资者投资商汤。商汤随后发布声明称，公司对于这一决定与相关指控表示强烈反对，该决定与相关指控毫无根据，反映了对公司根本性的误解，科技发展不应该受到地缘政治的影响。受上述消息影响，12月13日，商汤发布公告称，公司将延迟上市，并退回申请股款。美国的打压并未实质影响商汤的募股计划。7天后，即12月20日，商汤宣布重启公开招股。公告显示，商汤此次公开招股募集资金55.52亿港元。商汤表示，公司募集资金中，约60%（33.31亿港元）将用于增强公司的研发能力。商汤表示，为保障投资者的利益，并帮助投资者考虑最新事态发展对其投资决定的潜在影响，公司早前决定延迟上市，并容许基石投资者重新考虑是否继续投资。国泰君安表示，商汤已将美国投资者排除在外，并将基石投资者全部换成中资公司，其中包括混合所有制改革基金和上海人工智能产业股权投资基金。出于对人工智能未来的乐观，商汤上市以后获得投资者热捧。依据2022年1月4日收盘价8.2港元计算，商汤股价相对于IPO发行价暴涨112.99%，总市值2729亿港元约（2238亿元人民币），盘中一度突破3000亿港元。股价的快速上涨，引发市场对商汤估值过高的担忧。有机构表示，商汤股价暴涨很大程度上归因于市场流动性溢价。“一级市场的话，除去公司基本面，估值也存在一个击鼓传花的过程，一些知名的股东，同时也会吸引更多的机构参与，估值相应也就水涨船高。”颐和银丰投资管理有限公司高级研究员杨勇对《财经》记者表示，在二级市场，流动性更强，是商汤上市后股价大涨的主要因素。在杨勇看来，目前商汤依然亏损，作为科技类公司，用PS（市销率）估值更为合理，根据可比公司和收入预测，同时受宏观经济、疫情影响行业需求可能低于预期，以及行业未来可能面临竞争的进一步加剧，目前公司的估值过高，泡沫较多，2022年估值在1000亿元-1300亿元人民币（约1200亿-1600亿港元）应该较为合理。安信证券表示，考虑商汤公司在AI技术研究上具有深厚的积累，且收入增长较快，具备一定的成长性，给予上市后的合理股价区间是4.87港元至5.85港元，对应市值为1621亿港元至1947亿港元，对应PS为15倍至18倍。国元国际给出的估值更为谨慎。其在2021年12月7日发布研报称，商汤上市后估值约为1200亿港元，对应的2021年动态PS约26倍，估值偏高，但因公司在商业内处于领先地位，拥有AI及元宇宙概念，且全球发售股东占比只有4.5%，容易吸引游资进场。相对于上述几家机构，国泰君安则较为乐观。其在2022年1月4日的报告中指出，商汤流通盘较小，公司业绩与估值提升空间巨大，虽然其股价已大幅上升，但不排除股价进一步上涨的可能性。收入格局“商汤希望推动技术落地，用技术突破去重新定义场景和模式，去刷新大众对于人工智能的认知。”商汤联合创始人、董事长兼CEO徐立在上市仪式致辞中表示：人工智能技术变革带来增量价值，将推动普惠和公平的智能时代到来。这构成商汤营收的业务根基。商汤的营收主要受四个板块的驱动，分别是智慧商业、智慧城市、智慧生活、智能汽车。其中，智慧商业和智慧城市是商汤2018年至2020年的两大主力收入来源，贡献公司超70%的收入。2020年，公司上述两大业务收入分别为14.85亿元、13.69亿元，占比分别为43.1%、39.7%。2021年上半年，商汤智慧城市业务收入同比增长2.4倍至7.86亿元，占比升至47.6%成为公司第一大业务来源；公司智慧商业收入同比增长58.97%至6.47亿元。高增长之下，商汤不同板块之间的营收不平衡问题也浮现出来。以2020年为例，智慧商业、智慧城市以外的另外两大板块，智慧生活和智能汽车收入占比仅为12.6%、4.6%。2021年上半年，商汤智能汽车收入同比仅增长4.59%至0.71亿元，智慧生活收入为1.48亿元，相对于上年同期的1.56亿元，甚至有所下滑。此外，尽管有着全球最大人工智能独角兽的称号，但商汤目前还不够国际化。分区域来看，虽然2021年上半年商汤在中国内地的收入大幅增长，但在其他地区收入并不理想。商汤在全球有四个主要经营地区，分别为中国内地、东北亚、东南亚、中国香港和中东。2021年上半年，公司中国内地收入为14.13亿元，同比增速为208.52%。同期，商汤在东北亚区域、东南亚区域、中国香港及中东地区收入，分别为2.03亿元、0.22亿元、0.14亿元，同比均有所下滑。其中，后两个区域收入同比下滑幅度分别高达76.84%、82.93%。光环依然存在。以收入规模算，商汤位居AI四小龙之首。AI四小龙是指商汤、旷视科技、云从科技以及依图科技。公开披露数据显示，2020年，上述前三家人工智能公司的收入规模分别为34.46亿元、13.91亿元、7.55亿元，依图科技2020年上半年收入仅为3.81亿元。毛利率方面表现也不错。2020年以及2021年上半年，商汤毛利率分别高达70.57%以及72.95%。2020年，旷视科技、云从科技该数据分别为33.11%、43.21%。持续亏损商汤仍未走出亏损困境。2018年至2020年，公司亏损金额从34.33亿元升至121.58亿元。2021年上半年公司亏损有所收窄，亏损额37.13亿元。导致公司出现大幅亏损的主要原因是优先股及其他金融负债的公允价值变动。根据会计准则的规定，优先股及其他金融负债的估值会因为公司估值的上升而相应上升，由此导致的负债增长被记录为公司的损失。招股书显示，公司优先股及其他金融负债的公允价值亏损，由2018年的31.82亿元，增至2020年的105.64亿元。尽管如此，经调整后，商汤2018年至2020年亏损金额仍然分别高达2.21亿元、10.37亿元，以及8.78亿元。2021年上半年，该数据为7.26亿元，相对于上年同期的10.99亿元的亏损金额，大幅收窄。研发开支、行政开支高企，是商汤经调整后仍然亏损的主要原因。凭借超50%的占比，员工福利开支成为公司研发开支的首要成本。2018年至2020年，商汤员工福利开支金额分别为5.13亿元、11.16亿元、15.69亿元，占研发开支比例分别为60.4%、58.3%、63.9%。2021年上半年，公司该数据为12.85亿元，占比进一步升至72.5%。员工福利开支、营销及差旅开支是商汤销售开支的主要组成部分。2018年至2020年，商汤销售开支中，员工福利开支分别为1.42亿元、3.22亿元、4.05亿元，占比从69.5%升至75.4%。2021年上半年，商汤员工福利开支为2.33亿元，占比进一步升至79.5%。此外，商汤的行政开支也居高不下。2018年至2020年，公司行政开支中，员工福利开支分别为1.49亿元、3.36亿元、9.3亿元，占比从32.9%升至58.5%。2021年上半年，该数据同比增长53%至11.49亿元，占比亦升至79.7%。从上述数据可以看出，2021年上半年公司销售开支、行政开支中的员工福利合计约13.82亿元。“商汤的费用率还有较大改善空间，盈利关键包括两方面，营收提升及对成本、费用的控制，站在当前时点看，盈利关键是控制管理和研发费用。”杨勇对《财经》记者表示，一旦公司进入良性发展，商业模式和经营模式稳定后，公司费用率将会大幅下降，预计未来3年左右盈利。“随着公司高速增长，公司在行政开支方面的规模效应，也会逐渐显示出来。”商汤对《财经》记者表示，随着研发效率的不断提高，研发成本的规模效应也会在今后愈发显示。商汤董事及高管中，有四名创始人，分别为董事会执行主席、行政总裁徐立，执行董事汤晓鸥，执行董事、首席科学家王晓刚，执行董事及董事会秘书徐冰。其中，王晓刚为公司实控人汤晓鸥的妹夫。2020年，徐立、王晓刚、徐冰的薪酬总计分别为3.57亿元、1.63亿元、1.61亿元，三人以股份为基础的薪酬开支分别为3.53亿元、1.58亿元、1.58亿元。同期，三人获得薪金及工资分别为237.7万元、330.6万元、190.4万元，酌情花红分别为123.8万元、105.4万元、109.6万元。“招股书的披露原则基于会计准则项下的要求，且与其他同样设置股权激励计划的香港上市公司一致；高管薪酬的披露除工资与奖金收入之外，还包括了股权激励。”商汤对《财经》记者表示，从公司的角度，并未因高管股权激励产生额外的实际现金支出，创业公司选择用股权来激励创始团队和高管。值得注意的是，2018年至2021年上半年，商汤贸易应收款分别为13.32亿元、26.15亿元、37.48亿元、39.26亿元，而贸易应收款的减值拨备分别为1.02亿元、2.12亿元、6.1亿元、7.85亿元，占比分别为7.66%、8.11%、16.28%、19.99%，呈现大幅增长。同期，公司其他应收款项分别为1.15亿元、22.48亿元、13.19亿元、8.8亿元，而其他应收款项减值拨备余额分别为0.036亿元、1.64亿元、2.45亿元、2.59亿元，占比从3.13%，大幅提升至29.43%。商汤称，公司面临与客户延迟付款或违约相关的风险，并且公司曾有重大减值损失。"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