MatthewLeez personal page - To The Moon

MatthewLeez

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03-07

It's just a correction guys!

2023-02-01

Because it's CNY and they were holiday for one week

Sorry, the original content has been removed

08-21

Dude ppl boycott Starbucks because of Israel war...not sure change the ceo will help-.-

Starbucks' Turnaround Is Coming

2022-12-06

GG

Sorry, the original content has been removed

2023-06-09

$Tesla Motors(TSLA)$ Powerful

2023-03-02

It's time! Take note

2023-02-06

Meanwhile in SG iPhone keep out of stock, please send them to Singapore tqtq

Apple’s Latest iPhones Sell at Rare $100-Plus Discounts in China

Go to Tiger App to see more news

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Investors, however, will be watching to see how sales rebound in coming months.</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>NIO, XPeng, and Li Auto Deliveries Struggle in January. 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The Stocks Rise Anyway\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-02-01 19:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Electric-vehicle deliveries in January from <a href=\"https://laohu8.com/S/NIO\">NIO</a>, XPeng <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a> and Li Auto <a href=\"https://laohu8.com/S/LI\">$(LI)$</a> all took big dips from December, but shares of all three companies were rising Wednesday anyway.</p><p>NIO delivered 8,506 vehicles in January, down 46% from the 15,815 delivered in December and down 12% from the 9,652 delivered in January 2022. American depositary receipts of NIO were up 1.8% in premarket trading.</p><p>S&amp;P 500 and Dow Jones Industrial Average futures were both down about 0.3%.</p><p>XPeng delivered 5,218 vehicles this past month, down 54% from the 11,292 delivered in December and down 60% from the 12,922 delivered last year. 2022. XPeng shares gained 3.8% in premarket trading.</p><p>Li posted the best month, relatively speaking. It delivered 15,141 vehicles in January, down 29% from the 21,233 delivered in December and up 23% from the 12,268 delivered in January 2022. The stock rose 6.1%.</p><p>Altogether, the trio delivered 28,865 vehicles in Janaury, down 40% from the 48,340 delivered in December and down 17% from the 34,842 delivered in January 2022. It&#39;s the lowest combined month of deliveries since the 28,645 delivered in May 2022 when significant pandemic restrictions constrained production.</p><p>The stocks were doing fine for a couple of reasons. For starters, investors were ready for a dip. Some incentives for EV purchases ended in December creating a rush to buy at year-end. The combined December delivery number was a record.</p><p>What&#39;s more, the stocks have been badly beaten up. NIO shares are down about 51% over the past year. XPeng shares are off about 70%. Li shares have held up the best, dropping about 9%.</p><p>Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> is the EV leader around the globe and sold about 42,000 vehicles in China in December. Investors can probably expect that number to come down for January. Tesla stock was unchanged in premarket trading Wednesday.</p><p>Investors like to see growth, but the incentive declines and strong December were too much to overcome. Investors, however, will be watching to see how sales rebound in coming months.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","LI":"理想汽车","NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308008076","content_text":"Electric-vehicle deliveries in January from NIO, XPeng $(XPEV)$ and Li Auto $(LI)$ all took big dips from December, but shares of all three companies were rising Wednesday anyway.NIO delivered 8,506 vehicles in January, down 46% from the 15,815 delivered in December and down 12% from the 9,652 delivered in January 2022. American depositary receipts of NIO were up 1.8% in premarket trading.S&P 500 and Dow Jones Industrial Average futures were both down about 0.3%.XPeng delivered 5,218 vehicles this past month, down 54% from the 11,292 delivered in December and down 60% from the 12,922 delivered last year. 2022. XPeng shares gained 3.8% in premarket trading.Li posted the best month, relatively speaking. It delivered 15,141 vehicles in January, down 29% from the 21,233 delivered in December and up 23% from the 12,268 delivered in January 2022. The stock rose 6.1%.Altogether, the trio delivered 28,865 vehicles in Janaury, down 40% from the 48,340 delivered in December and down 17% from the 34,842 delivered in January 2022. It's the lowest combined month of deliveries since the 28,645 delivered in May 2022 when significant pandemic restrictions constrained production.The stocks were doing fine for a couple of reasons. For starters, investors were ready for a dip. Some incentives for EV purchases ended in December creating a rush to buy at year-end. The combined December delivery number was a record.What's more, the stocks have been badly beaten up. NIO shares are down about 51% over the past year. XPeng shares are off about 70%. Li shares have held up the best, dropping about 9%.Tesla $(TSLA)$ is the EV leader around the globe and sold about 42,000 vehicles in China in December. Investors can probably expect that number to come down for January. Tesla stock was unchanged in premarket trading Wednesday.Investors like to see growth, but the incentive declines and strong December were too much to overcome. Investors, however, will be watching to see how sales rebound in coming months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967228038,"gmtCreate":1670338066624,"gmtModify":1676538347072,"author":{"id":"3584534261743607","authorId":"3584534261743607","name":"MatthewLeez","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584534261743607","authorIdStr":"3584534261743607"},"themes":[],"htmlText":"GG","listText":"GG","text":"GG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967228038","repostId":"1146861375","repostType":2,"repost":{"id":"1146861375","kind":"news","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":1670337866,"share":"https://ttm.financial/m/news/1146861375?lang=&edition=fundamental","pubTime":"2022-12-06 22:44","market":"us","language":"en","title":"Hot Chinese ADRs Turned Down in Morning Trading; KE Holdings Slid Over 4% While Bilibili Slid Over 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1146861375","media":"Tiger Newspress","summary":"Hot Chinese ADRs turned down in morning trading; KE Holdings Inc. slid over 4% while Bilibili Inc. s","content":"<html><head></head><body><p>Hot Chinese ADRs turned down in morning trading; <a href=\"https://laohu8.com/S/BEKE\">KE Holdings Inc.</a> slid over 4% while <a href=\"https://laohu8.com/S/BILI\">Bilibili Inc.</a> slid over 3%.<img src=\"https://static.tigerbbs.com/3f1cba9ef133f47ee39469578b2fd392\" tg-width=\"267\" tg-height=\"478\" width=\"100%\" height=\"auto\"/></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>Hot Chinese ADRs Turned Down in Morning Trading; KE Holdings Slid Over 4% While Bilibili Slid Over 3%</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\">\nHot Chinese ADRs Turned Down in Morning Trading; KE Holdings Slid Over 4% While Bilibili Slid Over 3%\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\">2022-12-06 22:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs turned down in morning trading; <a href=\"https://laohu8.com/S/BEKE\">KE Holdings Inc.</a> slid over 4% while <a href=\"https://laohu8.com/S/BILI\">Bilibili Inc.</a> slid over 3%.<img src=\"https://static.tigerbbs.com/3f1cba9ef133f47ee39469578b2fd392\" tg-width=\"267\" tg-height=\"478\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BILI":"哔哩哔哩","BEKE":"贝壳"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146861375","content_text":"Hot Chinese ADRs turned down in morning trading; KE Holdings Inc. slid over 4% while Bilibili Inc. slid over 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":281487611412488,"gmtCreate":1709751152531,"gmtModify":1709751157863,"author":{"id":"3584534261743607","authorId":"3584534261743607","name":"MatthewLeez","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584534261743607","authorIdStr":"3584534261743607"},"themes":[],"htmlText":"It's just a correction guys!","listText":"It's just a correction guys!","text":"It's just a correction guys!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/281487611412488","isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955107777,"gmtCreate":1675254654899,"gmtModify":1676538987438,"author":{"id":"3584534261743607","authorId":"3584534261743607","name":"MatthewLeez","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584534261743607","authorIdStr":"3584534261743607"},"themes":[],"htmlText":"Because it's CNY and they were holiday for one week","listText":"Because it's CNY and they were holiday for one week","text":"Because it's CNY and they were holiday for one week","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955107777","repostId":"2308008076","repostType":2,"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340848400814184,"gmtCreate":1724245884378,"gmtModify":1724245889614,"author":{"id":"3584534261743607","authorId":"3584534261743607","name":"MatthewLeez","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584534261743607","authorIdStr":"3584534261743607"},"themes":[],"htmlText":"Dude ppl boycott Starbucks because of Israel war...not sure change the ceo will help-.-","listText":"Dude ppl boycott Starbucks because of Israel war...not sure change the ceo will help-.-","text":"Dude ppl boycott Starbucks because of Israel war...not sure change the ceo will help-.-","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340848400814184","repostId":"2460100031","repostType":2,"repost":{"id":"2460100031","kind":"highlight","pubTimestamp":1724244123,"share":"https://ttm.financial/m/news/2460100031?lang=&edition=fundamental","pubTime":"2024-08-21 20:42","market":"us","language":"en","title":"Starbucks' Turnaround Is Coming","url":"https://stock-news.laohu8.com/highlight/detail?id=2460100031","media":"Seeking Alpha","summary":"Starbucks has a strong competitive moat and turnaround plan focused on service efficiency, digital engagement, and extended operating hours.Technical analysis suggests a price target of $107 for SBUX ","content":"<html><head></head><body><ul style=\"\"><li><p>Starbucks has a strong competitive moat and turnaround plan focused on service efficiency, digital engagement, and extended operating hours.</p></li><li><p>Technical analysis suggests a price target of $107 for SBUX stock, with potential upward momentum and bullish indicators.</p></li><li><p>Starbucks appointed former Chipotle CEO Brian Niccol as its new CEO to drive growth and digital transformation, focusing on employee experience and digital advancement.</p></li><li><p>Cold beverages, now 76% of Starbucks&#39; mix, grew 4% annually in Q3 2024, driven by new products like Summer-Berry Refreshers, reflecting Starbucks&#39; agility in meeting consumer demand.</p></li><li><p>Starbucks stock is currently at $92, with a target price of $107. It is supported by bullish RSI and VPT trends, which indicate potential upward momentum and a balanced risk-reward scenario for August.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/63cf5c78df39e39fee32d01d1ff75d2f\" alt=\"Hasan Ashari/iStock Editorial via Getty Images\" title=\"Hasan Ashari/iStock Editorial via Getty Images\" tg-width=\"750\" tg-height=\"500\"/><span>Hasan Ashari/iStock Editorial via Getty Images</span></p><h2 id=\"id_2599664594\">Investment Thesis</h2><p>In our latest coverage and initiation of a &#34;Buy&#34; rating on Starbucks (NASDAQ:SBUX), we underscored that the strong competitive moat underpins a turnaround plan featuring initiatives around service efficiency, digital engagement, and extended operating hours, key ways to surmount operational challenges and position Starbucks for long-term growth.</p><p>I opened a position in SBUX near its 52-week high three months ago, and I remain bullish on Starbucks due to its solid fundamentals and moats, which would help it overcome these challenges. We believe in Starbucks&#39; strategic position and long-term growth potential, supported by a leadership shift and operational improvement. Finally, we hold our 2024 price target at $107 based on expectations regarding revenue growth, margin improvement, and deepening digital and global footprints.</p><h2 id=\"id_15755103\">Technical Take: $107 Is The 2024 Price Target</h2><p>SBUX is currently trading at $92 with an average price target of $107. This target aligns with the 1.236 3-point Fibonacci extension, suggesting potential upward momentum. An optimistic projection of $117 matches the 1.618 level, a key area often associated with strong bullish trends.</p><p>On the downside, the pessimistic target of $77 aligns with the 0 level, implying a full retracement if bearish pressures prevail. Further, the Relative Strength Index (RSI) at 60.10 indicates bullish momentum, reinforced by a bullish divergence. The RSI line is trending upward, signaling a potential rally continuation. The critical level of 50.00 has acted as a support level, further supporting a bullish bias.</p><p>Moreover, the Volume Price Trend (VPT) points to a significant upward reversal, with a current line at 55.62 million, compared to a moving average of 3.99 million. This sharp divergence indicates increasing buying pressure. If the VPT line makes a touchdown on its moving average, then there may be a solid possibility of sustained upward movement.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/17405de0428167fb9470af6fa9d5d893\" alt=\"Author (trendspider.com)\" title=\"Author (trendspider.com)\" tg-width=\"1200\" tg-height=\"700\"/><span>Author (trendspider.com)</span></p><p>Finally, given the 48% historical probability of a positive return in August based on 32 years of data, the current month offers a<strong> balanced risk-reward scenario.</strong></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/052449113cf2c4b364483d98fa60430e\" alt=\"Author (trendspider.com)\" title=\"Author (trendspider.com)\" tg-width=\"1200\" tg-height=\"700\"/><span>Author (trendspider.com)</span></p><h2 id=\"id_3723768463\">Starbucks Taps Former Chipotle CEO Brian Niccol to Fuel Growth and Digital Transformation</h2><p>Starbucks is undergoing a core leadership transition, with the appointment of Brian Niccol as Chairman and CEO set to begin on September 9, 2024. Niccol&#39;s solid track record at Chipotle (CMG) highlights his potential to drive substantial growth at Starbucks.</p><p>During his leadership, Chipotle saw its revenue nearly doubled, profits increased nearly 7X, and the stock price rose by approximately 8X. Niccol&#39;s appointment as CEO is now vital for Starbucks, as he focuses on boosting employee experience, which he considers fundamental to customer experience and strategically aligns with Starbucks&#39; values.</p><p>Moreover, Niccol&#39;s success in driving digital transformation at Chipotle is particularly relevant for Starbucks. Starbucks&#39; existing investments in mobile order and pay systems and its rewards program can benefit significantly from Niccol&#39;s expertise in digital advancement. This synergy may accelerate Starbucks&#39; growth by attracting new customers and increasing customer loyalty through enhanced digital engagement.</p><p>Beyond Chipotle, Niccol has much more experience in the food and beverage industry, such as his leadership roles at Taco Bell and Pizza Hut, further bolsters his qualifications to lead Starbucks. Niccol&#39;s leadership may have a significant quantitative impact on Starbucks&#39; growth potential. If he can replicate the fundamental progress at Chipotle, Starbucks could see similar improvements in key financial metrics such as revenue, profit margins, and stock price.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/50618f94db9c93f4dc89f75a7e1eabfd\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"439\"/><span>Data by YCharts</span></p><h2 id=\"id_3753989636\">Update On Action Plan, Expansion of Store Network, And Product Advancement</h2><p>Starbucks has outlined a three-part action plan to drive growth. The plan focuses on unlocking capacity for new demand, attracting new customers, and boosting the Starbucks experience. The company&#39;s relentless focus on improving operational execution across its nearly 10,000 US company-operated stores is central to this plan.</p><p>Key performance metrics such as partner scheduling, turnover, and inventory management have shown material improvements. For example, stores ranked in Starbucks&#39; top two operational performance quartiles reached a new high during the quarter, with a 28% upward shift from Q2. This improvement in in-store performance is expected to drive growth by enhancing the customer experience and increasing operational efficiency.</p><p>Similarly, the inventories have improved to $1.5 billion in Q3 fiscal 2024 against $1.8 billion in Q3 fiscal 2023, which shows the company&#39;s preparation for improving potential on the demand side. Additionally, Starbucks&#39; focus on reducing customer wait times, improving product availability, and enhancing store operations through the Siren Craft systems may drive a 1% to 1.5% comp opportunity.</p><p>Moreover, Starbucks is accelerating the pace of its new-store builds and renovations, with 580 net new builds and more than 800 renovations planned in North America for FY 2024. This expansion is focused on Tier-2 and Tier-3 cities, where Starbucks sees population growth and forecasted underserved demand. By expanding its store network in these regions, Starbucks may increase its market penetration.</p><p>Further, the company has introduced a pipeline of innovative products supported by integrated marketing campaigns, successfully driving customer traffic into its stores. For instance, cold beverages now represent 76% of Starbucks&#39; beverage mix, with cold espresso driving 4% annual growth (Q3 fiscal 2024). Additionally, the launch of new products, such as the Summer-Berry Starbucks Refreshers beverages with Pearls, has set new records for product launches, demonstrating Starbucks&#39; ability to meet evolving customer preferences and drive demand.</p><p>Finally, Starbucks is also building out its 24-month product pipeline. The rapid launch of new hand-crafted iced energy beverages across US stores in just three months points to Starbucks&#39; agility in responding to market trends and consumer demand.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/72af8eb7ae6a8c63d89c53e6bd20d449\" alt=\"Starbucks\" title=\"Starbucks\" tg-width=\"735\" tg-height=\"585\"/><span>Starbucks</span></p><h2 id=\"id_1690872013\">Sharp Decline in China Signals Struggles Amid Rising Competition</h2><p>Starbucks&#39;s central weakness is its decline in global comparable store sales, which fell 3% year-over-year in Q3 2024. Similar to the previous quarter, the decline was driven by negative 2% growth in North America and a more alarming negative 14% in China. Starbucks needs support maintaining customer traffic and sales momentum in key markets.</p><p>Of course, China has been one of the primary drivers of Starbucks&#39; international expansion, and a sharp decline in comparable store sales suggests that it is losing its competitive edge in this critical region. Several factors are at play: rising competition from local coffee chains, changing consumer preferences, and regional economic uncertainties. It is more worrying that this slump in China isn&#39;t being compensated for with growth elsewhere in international markets, exacerbating the issue into a broader challenge of sustaining global growth.</p><h2 id=\"id_707904290\">Takeaway</h2><p>While Starbucks is wrestling with a decline in its global comparable store sales, particularly in the Chinese market — a critical geography — the new appointment of Brian Niccol to the CEO role brings new optimism about a possible strategic turn in its business fortunes. Growth driving and enhancement of digital prowess, coupled with inspiration toward innovation, are firm grounds for changing the core of the Starbucks business.</p><p>As Niccol digs deep into Starbucks&#39; retooling on price, brand messaging, and digital experience, this can significantly improve customer engagement and sales in the U.S. With international challenges and stronger competition, Niccol&#39;s leadership can boost Starbucks&#39; turnaround prospects. If done correctly, this positioning of Starbucks could bring long-term success and sustainable shareholder value creation.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starbucks' Turnaround Is Coming</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; 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}\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\">\nStarbucks' Turnaround Is Coming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-21 20:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4715877-starbucks-turnaround-is-coming><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starbucks has a strong competitive moat and turnaround plan focused on service efficiency, digital engagement, and extended operating hours.Technical analysis suggests a price target of $107 for SBUX ...</p>\n\n<a href=\"https://seekingalpha.com/article/4715877-starbucks-turnaround-is-coming\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4209":"餐馆","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0882574139.USD":"富达环球消费行业基金A ACC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LU0823411888.USD":"法巴消费创新基金 Cap","SBUX":"星巴克","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","BK4585":"ETF&股票定投概念","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","SGXZ81514606.USD":"大华环球创新基金A Acc USD","BK4150":"赌场与赌博","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4535":"淡马锡持仓","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","BK4588":"碎股","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4504":"桥水持仓"},"source_url":"https://seekingalpha.com/article/4715877-starbucks-turnaround-is-coming","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2460100031","content_text":"Starbucks has a strong competitive moat and turnaround plan focused on service efficiency, digital engagement, and extended operating hours.Technical analysis suggests a price target of $107 for SBUX stock, with potential upward momentum and bullish indicators.Starbucks appointed former Chipotle CEO Brian Niccol as its new CEO to drive growth and digital transformation, focusing on employee experience and digital advancement.Cold beverages, now 76% of Starbucks' mix, grew 4% annually in Q3 2024, driven by new products like Summer-Berry Refreshers, reflecting Starbucks' agility in meeting consumer demand.Starbucks stock is currently at $92, with a target price of $107. It is supported by bullish RSI and VPT trends, which indicate potential upward momentum and a balanced risk-reward scenario for August.Hasan Ashari/iStock Editorial via Getty ImagesInvestment ThesisIn our latest coverage and initiation of a \"Buy\" rating on Starbucks (NASDAQ:SBUX), we underscored that the strong competitive moat underpins a turnaround plan featuring initiatives around service efficiency, digital engagement, and extended operating hours, key ways to surmount operational challenges and position Starbucks for long-term growth.I opened a position in SBUX near its 52-week high three months ago, and I remain bullish on Starbucks due to its solid fundamentals and moats, which would help it overcome these challenges. We believe in Starbucks' strategic position and long-term growth potential, supported by a leadership shift and operational improvement. Finally, we hold our 2024 price target at $107 based on expectations regarding revenue growth, margin improvement, and deepening digital and global footprints.Technical Take: $107 Is The 2024 Price TargetSBUX is currently trading at $92 with an average price target of $107. This target aligns with the 1.236 3-point Fibonacci extension, suggesting potential upward momentum. An optimistic projection of $117 matches the 1.618 level, a key area often associated with strong bullish trends.On the downside, the pessimistic target of $77 aligns with the 0 level, implying a full retracement if bearish pressures prevail. Further, the Relative Strength Index (RSI) at 60.10 indicates bullish momentum, reinforced by a bullish divergence. The RSI line is trending upward, signaling a potential rally continuation. The critical level of 50.00 has acted as a support level, further supporting a bullish bias.Moreover, the Volume Price Trend (VPT) points to a significant upward reversal, with a current line at 55.62 million, compared to a moving average of 3.99 million. This sharp divergence indicates increasing buying pressure. If the VPT line makes a touchdown on its moving average, then there may be a solid possibility of sustained upward movement.Author (trendspider.com)Finally, given the 48% historical probability of a positive return in August based on 32 years of data, the current month offers a balanced risk-reward scenario.Author (trendspider.com)Starbucks Taps Former Chipotle CEO Brian Niccol to Fuel Growth and Digital TransformationStarbucks is undergoing a core leadership transition, with the appointment of Brian Niccol as Chairman and CEO set to begin on September 9, 2024. Niccol's solid track record at Chipotle (CMG) highlights his potential to drive substantial growth at Starbucks.During his leadership, Chipotle saw its revenue nearly doubled, profits increased nearly 7X, and the stock price rose by approximately 8X. Niccol's appointment as CEO is now vital for Starbucks, as he focuses on boosting employee experience, which he considers fundamental to customer experience and strategically aligns with Starbucks' values.Moreover, Niccol's success in driving digital transformation at Chipotle is particularly relevant for Starbucks. Starbucks' existing investments in mobile order and pay systems and its rewards program can benefit significantly from Niccol's expertise in digital advancement. This synergy may accelerate Starbucks' growth by attracting new customers and increasing customer loyalty through enhanced digital engagement.Beyond Chipotle, Niccol has much more experience in the food and beverage industry, such as his leadership roles at Taco Bell and Pizza Hut, further bolsters his qualifications to lead Starbucks. Niccol's leadership may have a significant quantitative impact on Starbucks' growth potential. If he can replicate the fundamental progress at Chipotle, Starbucks could see similar improvements in key financial metrics such as revenue, profit margins, and stock price.Data by YChartsUpdate On Action Plan, Expansion of Store Network, And Product AdvancementStarbucks has outlined a three-part action plan to drive growth. The plan focuses on unlocking capacity for new demand, attracting new customers, and boosting the Starbucks experience. The company's relentless focus on improving operational execution across its nearly 10,000 US company-operated stores is central to this plan.Key performance metrics such as partner scheduling, turnover, and inventory management have shown material improvements. For example, stores ranked in Starbucks' top two operational performance quartiles reached a new high during the quarter, with a 28% upward shift from Q2. This improvement in in-store performance is expected to drive growth by enhancing the customer experience and increasing operational efficiency.Similarly, the inventories have improved to $1.5 billion in Q3 fiscal 2024 against $1.8 billion in Q3 fiscal 2023, which shows the company's preparation for improving potential on the demand side. Additionally, Starbucks' focus on reducing customer wait times, improving product availability, and enhancing store operations through the Siren Craft systems may drive a 1% to 1.5% comp opportunity.Moreover, Starbucks is accelerating the pace of its new-store builds and renovations, with 580 net new builds and more than 800 renovations planned in North America for FY 2024. This expansion is focused on Tier-2 and Tier-3 cities, where Starbucks sees population growth and forecasted underserved demand. By expanding its store network in these regions, Starbucks may increase its market penetration.Further, the company has introduced a pipeline of innovative products supported by integrated marketing campaigns, successfully driving customer traffic into its stores. For instance, cold beverages now represent 76% of Starbucks' beverage mix, with cold espresso driving 4% annual growth (Q3 fiscal 2024). Additionally, the launch of new products, such as the Summer-Berry Starbucks Refreshers beverages with Pearls, has set new records for product launches, demonstrating Starbucks' ability to meet evolving customer preferences and drive demand.Finally, Starbucks is also building out its 24-month product pipeline. The rapid launch of new hand-crafted iced energy beverages across US stores in just three months points to Starbucks' agility in responding to market trends and consumer demand.StarbucksSharp Decline in China Signals Struggles Amid Rising CompetitionStarbucks's central weakness is its decline in global comparable store sales, which fell 3% year-over-year in Q3 2024. Similar to the previous quarter, the decline was driven by negative 2% growth in North America and a more alarming negative 14% in China. Starbucks needs support maintaining customer traffic and sales momentum in key markets.Of course, China has been one of the primary drivers of Starbucks' international expansion, and a sharp decline in comparable store sales suggests that it is losing its competitive edge in this critical region. Several factors are at play: rising competition from local coffee chains, changing consumer preferences, and regional economic uncertainties. It is more worrying that this slump in China isn't being compensated for with growth elsewhere in international markets, exacerbating the issue into a broader challenge of sustaining global growth.TakeawayWhile Starbucks is wrestling with a decline in its global comparable store sales, particularly in the Chinese market — a critical geography — the new appointment of Brian Niccol to the CEO role brings new optimism about a possible strategic turn in its business fortunes. Growth driving and enhancement of digital prowess, coupled with inspiration toward innovation, are firm grounds for changing the core of the Starbucks business.As Niccol digs deep into Starbucks' retooling on price, brand messaging, and digital experience, this can significantly improve customer engagement and sales in the U.S. With international challenges and stronger competition, Niccol's leadership can boost Starbucks' turnaround prospects. If done correctly, this positioning of Starbucks could bring long-term success and sustainable shareholder value creation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967228038,"gmtCreate":1670338066624,"gmtModify":1676538347072,"author":{"id":"3584534261743607","authorId":"3584534261743607","name":"MatthewLeez","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584534261743607","authorIdStr":"3584534261743607"},"themes":[],"htmlText":"GG","listText":"GG","text":"GG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967228038","repostId":"1146861375","repostType":2,"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185451368480800,"gmtCreate":1686315488382,"gmtModify":1686315491320,"author":{"id":"3584534261743607","authorId":"3584534261743607","name":"MatthewLeez","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584534261743607","authorIdStr":"3584534261743607"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>Powerful&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>Powerful&nbsp;","text":"$Tesla Motors(TSLA)$ Powerful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185451368480800","isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940342771,"gmtCreate":1677721499894,"gmtModify":1677722531429,"author":{"id":"3584534261743607","authorId":"3584534261743607","name":"MatthewLeez","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584534261743607","authorIdStr":"3584534261743607"},"themes":[],"htmlText":"It's time! Take note&nbsp;","listText":"It's time! Take note&nbsp;","text":"It's time! Take note","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940342771","isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955438657,"gmtCreate":1675655228579,"gmtModify":1676539938622,"author":{"id":"3584534261743607","authorId":"3584534261743607","name":"MatthewLeez","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584534261743607","authorIdStr":"3584534261743607"},"themes":[],"htmlText":"Meanwhile in SG iPhone keep out of stock, please send them to Singapore tqtq&nbsp;","listText":"Meanwhile in SG iPhone keep out of stock, please send them to Singapore tqtq&nbsp;","text":"Meanwhile in SG iPhone keep out of stock, please send them to Singapore tqtq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955438657","repostId":"2309339024","repostType":2,"repost":{"id":"2309339024","kind":"highlight","pubTimestamp":1675651365,"share":"https://ttm.financial/m/news/2309339024?lang=&edition=fundamental","pubTime":"2023-02-06 10:42","market":"us","language":"en","title":"Apple’s Latest iPhones Sell at Rare $100-Plus Discounts in China","url":"https://stock-news.laohu8.com/highlight/detail?id=2309339024","media":"Bloomberg","summary":"Apple may see its sales decline again in the current quarterThe global smartphone market is set to c","content":"<html><head></head><body><ul><li>Apple may see its sales decline again in the current quarter</li><li>The global smartphone market is set to contract in 2023</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72e2afb3d2b020e5af2c238ecaca630f\" tg-width=\"1000\" tg-height=\"667\" width=\"100%\" height=\"auto\"/><span>The Apple iPhone 14 Pro. Photographer: Jeenah Moon/Bloomberg</span></p><p>Apple Inc.’s latest iPhones are selling at discounts of more than $100 in China, an unusually steep price cut just months after launch that suggests dwindling demand for even its highest-end devices.</p><p>JD.com Inc. and state carrier China Mobile Ltd. are among the retailers taking 800 yuan ($118) off the iPhone 14 Pro range over 11 days. Retailers in the southern electronics hub of Shenzhen have also begun cutting prices for the same handsets by 700 yuan, the official China Securities Journal reported after visiting outlets around the city. Apple’s own local website, meanwhile, continued to offer devices at regular prices.</p><p>The discounting emerged around the end of the Lunar New Year season, when retailers gear up for a holiday shopping spree before schools reopen. While it’s unclear how long the cuts may persist, they point to weak demand in the world’s largest smartphone arena just as Apple is counting on a recovery in China. Unusually, the roughly 7% to 9% discounts on the iPhone Pro range mirrored bargains offered on lower-end models, which typically get cut first.</p><p>“The discount seems bigger than what we found in January, which was 3%-4%,” Jefferies analysts led by Edison Lee wrote in a Sunday research note. “We see that as a sign of weak demand.”</p><p>An Apple representative didn’t immediately respond to a request seeking comment.</p><p>Apple last week reported its first quarterly revenue decline since 2019, blaming output disruptions at its biggest manufacturing partner in China as well as sputtering global demand. But Chief Executive Officer Tim Cook pointed to a rebound in the Chinese market, which had only just dropped strict Covid-19 restrictions that hammered the economy.</p><p>Still, smartphone sales are likely to contract again in 2023 after a decline last year, companies including Samsung Electronics Co. have warned.</p><p><img src=\"https://static.tigerbbs.com/c2bdcc70f1b95b48809f999113296b22\" tg-width=\"944\" tg-height=\"666\" width=\"100%\" height=\"auto\"/></p><p>While Cupertino, California-based Apple didn’t provide a detailed outlook for the current quarter, it said its performance would mirror that of the December period. That suggests a revenue decline of about 5% could be on the cards, though the company has said iPhone revenue would accelerate in the March quarter.</p><p>Sales of the four iPhone 14 models over their first 38 days on the Chinese market were down 28% compared with the iPhone 13 family, Jefferies analysts have estimated.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s Latest iPhones Sell at Rare $100-Plus Discounts in China</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\">\nApple’s Latest iPhones Sell at Rare $100-Plus Discounts in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-06 10:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-06/apple-s-latest-iphones-sell-at-rare-100-plus-discounts-in-china?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple may see its sales decline again in the current quarterThe global smartphone market is set to contract in 2023The Apple iPhone 14 Pro. Photographer: Jeenah Moon/BloombergApple Inc.’s latest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-06/apple-s-latest-iphones-sell-at-rare-100-plus-discounts-in-china?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4527":"明星科技股","BK4559":"巴菲特持仓","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4501":"段永平概念","BK4579":"人工智能","BK4550":"红杉资本持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0444971666.USD":"天利全球科技基金","BK4505":"高瓴资本持仓","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4581":"高盛持仓","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4512":"苹果概念","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","AAPL":"苹果","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4554":"元宇宙及AR概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4515":"5G概念","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4532":"文艺复兴科技持仓","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4553":"喜马拉雅资本持仓","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4571":"数字音乐概念","BK4534":"瑞士信贷持仓","LU0056508442.USD":"贝莱德世界科技基金A2","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4566":"资本集团","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-06/apple-s-latest-iphones-sell-at-rare-100-plus-discounts-in-china?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2309339024","content_text":"Apple may see its sales decline again in the current quarterThe global smartphone market is set to contract in 2023The Apple iPhone 14 Pro. Photographer: Jeenah Moon/BloombergApple Inc.’s latest iPhones are selling at discounts of more than $100 in China, an unusually steep price cut just months after launch that suggests dwindling demand for even its highest-end devices.JD.com Inc. and state carrier China Mobile Ltd. are among the retailers taking 800 yuan ($118) off the iPhone 14 Pro range over 11 days. Retailers in the southern electronics hub of Shenzhen have also begun cutting prices for the same handsets by 700 yuan, the official China Securities Journal reported after visiting outlets around the city. Apple’s own local website, meanwhile, continued to offer devices at regular prices.The discounting emerged around the end of the Lunar New Year season, when retailers gear up for a holiday shopping spree before schools reopen. While it’s unclear how long the cuts may persist, they point to weak demand in the world’s largest smartphone arena just as Apple is counting on a recovery in China. Unusually, the roughly 7% to 9% discounts on the iPhone Pro range mirrored bargains offered on lower-end models, which typically get cut first.“The discount seems bigger than what we found in January, which was 3%-4%,” Jefferies analysts led by Edison Lee wrote in a Sunday research note. “We see that as a sign of weak demand.”An Apple representative didn’t immediately respond to a request seeking comment.Apple last week reported its first quarterly revenue decline since 2019, blaming output disruptions at its biggest manufacturing partner in China as well as sputtering global demand. But Chief Executive Officer Tim Cook pointed to a rebound in the Chinese market, which had only just dropped strict Covid-19 restrictions that hammered the economy.Still, smartphone sales are likely to contract again in 2023 after a decline last year, companies including Samsung Electronics Co. have warned.While Cupertino, California-based Apple didn’t provide a detailed outlook for the current quarter, it said its performance would mirror that of the December period. That suggests a revenue decline of about 5% could be on the cards, though the company has said iPhone revenue would accelerate in the March quarter.Sales of the four iPhone 14 models over their first 38 days on the Chinese market were down 28% compared with the iPhone 13 family, Jefferies analysts have estimated.","news_type":1},"isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}