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4 Big Winners from Singapore’s Budget 2023
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Here are some businesses that will benefit.</blockquote><p>Singapore’s core inflation has proven a headache for many.</p><p>From just 0.9% in 2021, core inflation has jumped to 4.1% for 2022 as snarled supply chains and the Russia-Ukraine war wreak havoc on raw material prices.</p><p>Core inflation is expected to remain elevated this year at between 3.5% to 4.5%.</p><p>Luckily, the government has recognised this problem and rolled out Budget 2023 to help cushion the impact of inflation on the cost of living.</p><p>Finance Minister Lawrence Wong announced that an additional S$3 billion will be allocated to the Assurance Package (AP).</p><p>Some of this money will help to increase the cash payout for Singaporeans to between S$700 to S$2,250 over five years.</p><p>The permanent GST Voucher scheme will also be enhanced to offset the higher GST, with individuals receiving as much as S$700 depending on the annual values of their homes.</p><p>Elsewhere, the government will dole out another S$300 in CDC Vouchers in January 2024.</p><p>These increased payouts look set to benefit these four consumer-focused businesses.</p><h3><a href=\"https://laohu8.com/S/OV8.SI\">Sheng Siong Group Ltd</a></h3><p>Sheng Siong is one of the largest supermarket operators in Singapore with a total of 66 outlets located mostly in heartland areas.</p><p>The group also offers more than 1,500 products under its 23 house brands.</p><p>As a necessities-based retailer, Sheng Siong should see better business volumes as people make use of their payouts to shop in its stores.</p><p>For the first nine months of 2022 (9M 2022), the retailer reported a slight 1.9% year on year dip in revenue to S$1 billion.</p><p>However, gross profit inched up 1.3% year on year as margins improved, with net profit staying largely flat year on year at S$100.4 million.</p><p>Not only will the AP and GST Vouchers put more money in the hands of consumers, but the CDC Vouchers will also provide a boost for Sheng Siong come early next year.</p><p>The supermarket operator has just signed an agreement to open its fifth store in Kunming, China.</p><p>It is also planning to grow its network of stores in areas where it does not have a presence, in tandem with the government’s plan to ramp up the supply of HDB flats.</p><h3><a href=\"https://laohu8.com/S/5ML.SI\">Old Chang Kee Ltd</a></h3><p>If you’re hunting for great snacks, look no further than Old Chang Kee, or OCK.</p><p>The group specialises in the manufacture and sale of food products such as spring rolls and carrot cakes including its signature curry puff.</p><p>As of 30 September 2022, OCK operated a total of 80 outlets in Singapore.</p><p>The group could see better business as people have more disposable income to purchase snacks.</p><p>For its fiscal 2023’s first half (1H FY2023) ending 30 September 2022, revenue increased 13% year on year to S$43.7 million.</p><p>Net profit, however, fell by 22% year on year to S$2.6 million.</p><p>However, 1H FY2022 saw the doling out of S$2.7 million under the Jobs Support Scheme (JSS).</p><p>Excluding the JSS, OCK’s net profit would have more than tripled year on year to S$2.5 million from S$697,000.</p><h3><a href=\"https://laohu8.com/S/D01.SI\">DFI Retail Group Holdings Ltd</a></h3><p>DFI Retail is a pan-Asian retailer that operates more than 10,300 outlets under various brands such as Giant Hypermarket, Cold Storage supermarket, and 7-Eleven convenience stores.</p><p>The group has a presence in Singapore, Malaysia, Indonesia, and Hong Kong.</p><p>For its 3Q 2022 interim management statement, DFI Retail saw underlying profitability improve compared to the first half of 2022.</p><p>Of note, like-for-like sales increased in Hong Kong, Macau and Singapore with COVID restrictions removed.</p><p>South China should also see better footfall and sales as China has reopened its borders.</p><p>With the additional cash doled out by the government, DFI Retail should receive a boost at its hypermarkets, supermarkets, health and beauty stores and convenience stores divisions in Singapore as people open their wallets to spend more.</p><h3><a href=\"https://laohu8.com/S/1D0.SI\">Kimly Ltd</a></h3><p>Kimly is one of the largest traditional coffee shop operators in Singapore and operates and manages a network of 84 food outlets, 166 food stalls, and several restaurants, kiosks and cafes around Singapore.</p><p>The group also has a food retail division that sells a variety of local, Japanese, Western, and snack foods in various food courts and food and beverage outlets.</p><p>For 2022, Kimly reported a 33% year on year jump in revenue to S$317.7 million.</p><p>Net profit, however, tumbled 13.4% year on year to S$34 million because of lower government grants.</p><p>Despite this, Kimly declared a total dividend of S$0.0168 per share for last year.</p><p>The group should enjoy better business this year as all restrictions have been eased and more people use their government’s handouts to dine out.</p><p>Kimly is planning to expand its food outlet presence and also grow its food retail division further in 2023.</p></body></html>","source":"lsy1602567310727","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>4 Big Winners from Singapore’s Budget 2023</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\">\n4 Big Winners from Singapore’s Budget 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-22 11:37 GMT+8 <a href=https://thesmartinvestor.com.sg/4-big-winners-from-singapores-budget-2023/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The government is planning to dole out greater support measures to assist Singaporeans in coping with inflation and higher living costs. Here are some businesses that will benefit.Singapore’s core ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-big-winners-from-singapores-budget-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D01.SI":"牛奶国际控股有限公司","1D0.SI":"金味有限公司","OV8.SI":"昇菘","5ML.SI":"老曾记"},"source_url":"https://thesmartinvestor.com.sg/4-big-winners-from-singapores-budget-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133942172","content_text":"The government is planning to dole out greater support measures to assist Singaporeans in coping with inflation and higher living costs. Here are some businesses that will benefit.Singapore’s core inflation has proven a headache for many.From just 0.9% in 2021, core inflation has jumped to 4.1% for 2022 as snarled supply chains and the Russia-Ukraine war wreak havoc on raw material prices.Core inflation is expected to remain elevated this year at between 3.5% to 4.5%.Luckily, the government has recognised this problem and rolled out Budget 2023 to help cushion the impact of inflation on the cost of living.Finance Minister Lawrence Wong announced that an additional S$3 billion will be allocated to the Assurance Package (AP).Some of this money will help to increase the cash payout for Singaporeans to between S$700 to S$2,250 over five years.The permanent GST Voucher scheme will also be enhanced to offset the higher GST, with individuals receiving as much as S$700 depending on the annual values of their homes.Elsewhere, the government will dole out another S$300 in CDC Vouchers in January 2024.These increased payouts look set to benefit these four consumer-focused businesses.Sheng Siong Group LtdSheng Siong is one of the largest supermarket operators in Singapore with a total of 66 outlets located mostly in heartland areas.The group also offers more than 1,500 products under its 23 house brands.As a necessities-based retailer, Sheng Siong should see better business volumes as people make use of their payouts to shop in its stores.For the first nine months of 2022 (9M 2022), the retailer reported a slight 1.9% year on year dip in revenue to S$1 billion.However, gross profit inched up 1.3% year on year as margins improved, with net profit staying largely flat year on year at S$100.4 million.Not only will the AP and GST Vouchers put more money in the hands of consumers, but the CDC Vouchers will also provide a boost for Sheng Siong come early next year.The supermarket operator has just signed an agreement to open its fifth store in Kunming, China.It is also planning to grow its network of stores in areas where it does not have a presence, in tandem with the government’s plan to ramp up the supply of HDB flats.Old Chang Kee LtdIf you’re hunting for great snacks, look no further than Old Chang Kee, or OCK.The group specialises in the manufacture and sale of food products such as spring rolls and carrot cakes including its signature curry puff.As of 30 September 2022, OCK operated a total of 80 outlets in Singapore.The group could see better business as people have more disposable income to purchase snacks.For its fiscal 2023’s first half (1H FY2023) ending 30 September 2022, revenue increased 13% year on year to S$43.7 million.Net profit, however, fell by 22% year on year to S$2.6 million.However, 1H FY2022 saw the doling out of S$2.7 million under the Jobs Support Scheme (JSS).Excluding the JSS, OCK’s net profit would have more than tripled year on year to S$2.5 million from S$697,000.DFI Retail Group Holdings LtdDFI Retail is a pan-Asian retailer that operates more than 10,300 outlets under various brands such as Giant Hypermarket, Cold Storage supermarket, and 7-Eleven convenience stores.The group has a presence in Singapore, Malaysia, Indonesia, and Hong Kong.For its 3Q 2022 interim management statement, DFI Retail saw underlying profitability improve compared to the first half of 2022.Of note, like-for-like sales increased in Hong Kong, Macau and Singapore with COVID restrictions removed.South China should also see better footfall and sales as China has reopened its borders.With the additional cash doled out by the government, DFI Retail should receive a boost at its hypermarkets, supermarkets, health and beauty stores and convenience stores divisions in Singapore as people open their wallets to spend more.Kimly LtdKimly is one of the largest traditional coffee shop operators in Singapore and operates and manages a network of 84 food outlets, 166 food stalls, and several restaurants, kiosks and cafes around Singapore.The group also has a food retail division that sells a variety of local, Japanese, Western, and snack foods in various food courts and food and beverage outlets.For 2022, Kimly reported a 33% year on year jump in revenue to S$317.7 million.Net profit, however, tumbled 13.4% year on year to S$34 million because of lower government grants.Despite this, Kimly declared a total dividend of S$0.0168 per share for last year.The group should enjoy better business this year as all restrictions have been eased and more people use their government’s handouts to dine out.Kimly is planning to expand its food outlet presence and also grow its food retail division further in 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9024537403,"gmtCreate":1653883513802,"gmtModify":1676535357415,"author":{"id":"4089123364468420","authorId":"4089123364468420","authorIdStr":"4089123364468420","name":"Jinocide","avatar":"https://static.tigerbbs.com/c352212d23effafd4efd4426f62c4151","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089123364468420"},"themes":[],"htmlText":"Gonna drop again zzz","listText":"Gonna drop again zzz","text":"Gonna drop again zzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024537403","repostId":"1171246330","repostType":2,"repost":{"id":"1171246330","pubTimestamp":1653878824,"share":"https://ttm.financial/m/news/1171246330?lang=&edition=fundamental","pubTime":"2022-05-30 10:47","market":"us","language":"en","title":"PayPal Begins Layoffs, Plans to Shut Down San Francisco Office","url":"https://stock-news.laohu8.com/highlight/detail?id=1171246330","media":"gizmodo","summary":"The company is looking to reduce spending, but says it will not freeze hiring.PayPal has reportedly ","content":"<html><head></head><body><ul><li>The company is looking to reduce spending, but says it will not freeze hiring.</li></ul><p>PayPal has reportedly started laying off employees from its offices in Chicago, Omaha, Nebraska and Chandler, Arizona, in an effort to reduce its spending. The financial technology company is also planning to shut down its San Francisco office, but will not freeze its hiring, according to TechCrunch.</p><p>83 workers at PayPal were impacted by the latest decision. Last month the company also announced plans to close its office in San Francisco. A spokesperson from the company told TechCrunch that PayPal is “constantly evaluating how we work to ensure we are prepared to meet the needs of our customers and operate with the best structure and processes to support our strategic business priorities as we continue to grow and evolve.”</p><p>The company has been struggling to meet its profit goals, lowering its full-year profit outlook from between $4.60 to $4.75 on a per share basis to $3.81 and $3.93. The company’s Chief Executive Officer Dan Schulman said that it was hard to predict the spending habits of consumers on e-commerce platforms as people emerge from the pandemic lockdown, making 2022 a difficult year to forecast, according to Reuters. PayPal also cut ties with its former parent company eBay in June of last year, and eBay has been transferring its payments away from the financial platform since then.</p><p>As a result, the company is looking to cut back on its spending. PayPal’s spending has increased by a measly 15% in the first quarter of the year to $323 billion, marking the smallest increase in the past five years for the company, according to Bloomberg.</p><p>PayPal isn’t the only company having to deal with layoffs. Netflix, Cameo, and Carvana, are among the lengthy list of companies that have cut their workforce in recent weeks.</p></body></html>","source":"lsy1650865316381","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>PayPal Begins Layoffs, Plans to Shut Down San Francisco Office</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\">\nPayPal Begins Layoffs, Plans to Shut Down San Francisco Office\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-30 10:47 GMT+8 <a href=https://gizmodo.com/paypal-lay-offs-san-fransisco-fintech-1848986278><strong>gizmodo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The company is looking to reduce spending, but says it will not freeze hiring.PayPal has reportedly started laying off employees from its offices in Chicago, Omaha, Nebraska and Chandler, Arizona, in ...</p>\n\n<a href=\"https://gizmodo.com/paypal-lay-offs-san-fransisco-fintech-1848986278\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://gizmodo.com/paypal-lay-offs-san-fransisco-fintech-1848986278","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171246330","content_text":"The company is looking to reduce spending, but says it will not freeze hiring.PayPal has reportedly started laying off employees from its offices in Chicago, Omaha, Nebraska and Chandler, Arizona, in an effort to reduce its spending. The financial technology company is also planning to shut down its San Francisco office, but will not freeze its hiring, according to TechCrunch.83 workers at PayPal were impacted by the latest decision. Last month the company also announced plans to close its office in San Francisco. A spokesperson from the company told TechCrunch that PayPal is “constantly evaluating how we work to ensure we are prepared to meet the needs of our customers and operate with the best structure and processes to support our strategic business priorities as we continue to grow and evolve.”The company has been struggling to meet its profit goals, lowering its full-year profit outlook from between $4.60 to $4.75 on a per share basis to $3.81 and $3.93. The company’s Chief Executive Officer Dan Schulman said that it was hard to predict the spending habits of consumers on e-commerce platforms as people emerge from the pandemic lockdown, making 2022 a difficult year to forecast, according to Reuters. PayPal also cut ties with its former parent company eBay in June of last year, and eBay has been transferring its payments away from the financial platform since then.As a result, the company is looking to cut back on its spending. PayPal’s spending has increased by a measly 15% in the first quarter of the year to $323 billion, marking the smallest increase in the past five years for the company, according to Bloomberg.PayPal isn’t the only company having to deal with layoffs. Netflix, Cameo, and Carvana, are among the lengthy list of companies that have cut their workforce in recent weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017266216,"gmtCreate":1649778750662,"gmtModify":1676534573824,"author":{"id":"4089123364468420","authorId":"4089123364468420","authorIdStr":"4089123364468420","name":"Jinocide","avatar":"https://static.tigerbbs.com/c352212d23effafd4efd4426f62c4151","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089123364468420"},"themes":[],"htmlText":"Let's go","listText":"Let's go","text":"Let's go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017266216","repostId":"1193905099","repostType":4,"repost":{"id":"1193905099","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":1649770689,"share":"https://ttm.financial/m/news/1193905099?lang=&edition=fundamental","pubTime":"2022-04-12 21:38","market":"us","language":"en","title":"EV Stocks Gained in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1193905099","media":"Tiger Newspress","summary":"Tesla, Rivian, Lucid, Arrival, Fisker, Canoo, and Sono Group climbed between 1% and 3%.","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, <a href=\"https://laohu8.com/S/RIVN\">Rivian</a>, <a href=\"https://laohu8.com/S/LCID\">Lucid</a>, <a href=\"https://laohu8.com/S/ARVL\">Arrival</a>, Fisker, Canoo, and Sono Group climbed between 1% and 3%.</p><p><img src=\"https://community-static.tradeup.com/news/176b8e57ab8e6f86064b7abc530cf995\" tg-width=\"461\" tg-height=\"524\" referrerpolicy=\"no-referrer\"/></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>EV Stocks Gained in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Stocks Gained in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-12 21:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, <a href=\"https://laohu8.com/S/RIVN\">Rivian</a>, <a href=\"https://laohu8.com/S/LCID\">Lucid</a>, <a href=\"https://laohu8.com/S/ARVL\">Arrival</a>, Fisker, Canoo, and Sono Group climbed between 1% and 3%.</p><p><img src=\"https://community-static.tradeup.com/news/176b8e57ab8e6f86064b7abc530cf995\" tg-width=\"461\" tg-height=\"524\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","LCID":"Lucid Group Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193905099","content_text":"Tesla, Rivian, Lucid, Arrival, Fisker, Canoo, and Sono Group climbed between 1% and 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017189218,"gmtCreate":1649754836791,"gmtModify":1676534565776,"author":{"id":"4089123364468420","authorId":"4089123364468420","authorIdStr":"4089123364468420","name":"Jinocide","avatar":"https://static.tigerbbs.com/c352212d23effafd4efd4426f62c4151","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089123364468420"},"themes":[],"htmlText":"Let's go","listText":"Let's go","text":"Let's go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017189218","repostId":"1152122530","repostType":4,"repost":{"id":"1152122530","pubTimestamp":1649752497,"share":"https://ttm.financial/m/news/1152122530?lang=&edition=fundamental","pubTime":"2022-04-12 16:34","market":"us","language":"en","title":"Shopify Stock Alert: Buy or Sell the Stock Split News?","url":"https://stock-news.laohu8.com/highlight/detail?id=1152122530","media":"The Street","summary":"Shopify is planning a 10-for-1 stock split. Should investors buy or sell the stock on this news?\\Inv","content":"<html><head></head><body><p>Shopify is planning a 10-for-1 stock split. Should investors buy or sell the stock on this news?\\</p><p>Investors are hoping that Shopify stock eventually gets the love that we saw in Amazon (AMZN) and Alphabet (GOOGL) after those two announced stock splits earlier this year.</p><p>That said, the split announcements are not having the same impact as before.</p><p>For instance, stock split announcements for Tesla (TSLA) and Apple (AAPL) sent the share prices exploding higher in the summer of 2020. I’m of the opinion that Amazon would have seen its share price explode higher too, had it announced the split during a bull market, rather than in the throes of high volatility and a bear market in tech stocks.</p><p>The situation for Shopify stock is even worse.</p><p>When Amazon announced its split, the stock was 26% below its all-time high. When Shopify announced its 10-for-1 split, the stock was down 66%.</p><p>If management needs a catalyst, I don’t know if a stock split is it. I’m not discounting the psychological impact or the effect it can have on sentiment, but since it doesn’t have a fundamental impact on the company, it may very well not be enough to move the stock price in a meaningful way with the exception of a short-term bounce.</p><p>One could argue that Amazon stock rallied more than 20% in the weeks after the announcement. But it also came just days before the S&P 500 bottomed and ripped off an 11.5% gain as it rallied in nine out of 11 sessions.</p><p>Sorry for the long-winded approach, but the impact of a stock split is important in my view. It doesn’t fix anything or change the situation. It simply multiples the share count and divides the stock price. It’s arithmetic.</p><p>However, when sentiment is strong, investors gobble up this bit of “good news.” Heck, I like stock splits as much as the next trader. But in bear markets — like the one Shopify stock is in — I don’t think they have as meaningful of an impact because sentiment is so poor.</p><p>Allow me to also say that I really like Shopify stock and believe in its long-term potential.</p><p>So far though, Wall Street’s not buying it. If growth stocks rebound soon, Shopify will too. If it remains under pressure though, we could see this one retest the lows.</p><p>The stock is clinging to the 61.8% retracement of the current range after it failed to reclaim the $780 level and as the 10-week moving average remained as active resistance.</p><p>If we see a move below last week’s low that isn’t reclaimed, it opens the door back to the $500 to $511 area. The latter is the 52-week low. Below $500 and the VWAP measure anchored back to Shopify’s first week of trading is in play near $460.</p><p>For long-term investors, that’s likely a reasonable buying opportunity, provided Shopify falls that far.</p><p>On the upside, we could see a rebound back to the 10-week moving average, but until it’s reclaimed, it will remain as resistance. Above that is followed by the $775 to $780 zone.</p></body></html>","source":"lsy1610613172068","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>Shopify Stock Alert: Buy or Sell the Stock Split News?</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\">\nShopify Stock Alert: Buy or Sell the Stock Split News?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-12 16:34 GMT+8 <a href=https://www.thestreet.com/investing/trading-shopify-shop-stock-stock-split-news><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shopify is planning a 10-for-1 stock split. Should investors buy or sell the stock on this news?\\Investors are hoping that Shopify stock eventually gets the love that we saw in Amazon (AMZN) and ...</p>\n\n<a href=\"https://www.thestreet.com/investing/trading-shopify-shop-stock-stock-split-news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc"},"source_url":"https://www.thestreet.com/investing/trading-shopify-shop-stock-stock-split-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152122530","content_text":"Shopify is planning a 10-for-1 stock split. Should investors buy or sell the stock on this news?\\Investors are hoping that Shopify stock eventually gets the love that we saw in Amazon (AMZN) and Alphabet (GOOGL) after those two announced stock splits earlier this year.That said, the split announcements are not having the same impact as before.For instance, stock split announcements for Tesla (TSLA) and Apple (AAPL) sent the share prices exploding higher in the summer of 2020. I’m of the opinion that Amazon would have seen its share price explode higher too, had it announced the split during a bull market, rather than in the throes of high volatility and a bear market in tech stocks.The situation for Shopify stock is even worse.When Amazon announced its split, the stock was 26% below its all-time high. When Shopify announced its 10-for-1 split, the stock was down 66%.If management needs a catalyst, I don’t know if a stock split is it. I’m not discounting the psychological impact or the effect it can have on sentiment, but since it doesn’t have a fundamental impact on the company, it may very well not be enough to move the stock price in a meaningful way with the exception of a short-term bounce.One could argue that Amazon stock rallied more than 20% in the weeks after the announcement. But it also came just days before the S&P 500 bottomed and ripped off an 11.5% gain as it rallied in nine out of 11 sessions.Sorry for the long-winded approach, but the impact of a stock split is important in my view. It doesn’t fix anything or change the situation. It simply multiples the share count and divides the stock price. It’s arithmetic.However, when sentiment is strong, investors gobble up this bit of “good news.” Heck, I like stock splits as much as the next trader. But in bear markets — like the one Shopify stock is in — I don’t think they have as meaningful of an impact because sentiment is so poor.Allow me to also say that I really like Shopify stock and believe in its long-term potential.So far though, Wall Street’s not buying it. If growth stocks rebound soon, Shopify will too. If it remains under pressure though, we could see this one retest the lows.The stock is clinging to the 61.8% retracement of the current range after it failed to reclaim the $780 level and as the 10-week moving average remained as active resistance.If we see a move below last week’s low that isn’t reclaimed, it opens the door back to the $500 to $511 area. The latter is the 52-week low. Below $500 and the VWAP measure anchored back to Shopify’s first week of trading is in play near $460.For long-term investors, that’s likely a reasonable buying opportunity, provided Shopify falls that far.On the upside, we could see a rebound back to the 10-week moving average, but until it’s reclaimed, it will remain as resistance. Above that is followed by the $775 to $780 zone.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9017189218,"gmtCreate":1649754836791,"gmtModify":1676534565776,"author":{"id":"4089123364468420","authorId":"4089123364468420","authorIdStr":"4089123364468420","name":"Jinocide","avatar":"https://static.tigerbbs.com/c352212d23effafd4efd4426f62c4151","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089123364468420"},"themes":[],"htmlText":"Let's go","listText":"Let's go","text":"Let's go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017189218","repostId":"1152122530","repostType":4,"repost":{"id":"1152122530","pubTimestamp":1649752497,"share":"https://ttm.financial/m/news/1152122530?lang=&edition=fundamental","pubTime":"2022-04-12 16:34","market":"us","language":"en","title":"Shopify Stock Alert: Buy or Sell the Stock Split News?","url":"https://stock-news.laohu8.com/highlight/detail?id=1152122530","media":"The Street","summary":"Shopify is planning a 10-for-1 stock split. Should investors buy or sell the stock on this news?\\Inv","content":"<html><head></head><body><p>Shopify is planning a 10-for-1 stock split. Should investors buy or sell the stock on this news?\\</p><p>Investors are hoping that Shopify stock eventually gets the love that we saw in Amazon (AMZN) and Alphabet (GOOGL) after those two announced stock splits earlier this year.</p><p>That said, the split announcements are not having the same impact as before.</p><p>For instance, stock split announcements for Tesla (TSLA) and Apple (AAPL) sent the share prices exploding higher in the summer of 2020. I’m of the opinion that Amazon would have seen its share price explode higher too, had it announced the split during a bull market, rather than in the throes of high volatility and a bear market in tech stocks.</p><p>The situation for Shopify stock is even worse.</p><p>When Amazon announced its split, the stock was 26% below its all-time high. When Shopify announced its 10-for-1 split, the stock was down 66%.</p><p>If management needs a catalyst, I don’t know if a stock split is it. I’m not discounting the psychological impact or the effect it can have on sentiment, but since it doesn’t have a fundamental impact on the company, it may very well not be enough to move the stock price in a meaningful way with the exception of a short-term bounce.</p><p>One could argue that Amazon stock rallied more than 20% in the weeks after the announcement. But it also came just days before the S&P 500 bottomed and ripped off an 11.5% gain as it rallied in nine out of 11 sessions.</p><p>Sorry for the long-winded approach, but the impact of a stock split is important in my view. It doesn’t fix anything or change the situation. It simply multiples the share count and divides the stock price. It’s arithmetic.</p><p>However, when sentiment is strong, investors gobble up this bit of “good news.” Heck, I like stock splits as much as the next trader. But in bear markets — like the one Shopify stock is in — I don’t think they have as meaningful of an impact because sentiment is so poor.</p><p>Allow me to also say that I really like Shopify stock and believe in its long-term potential.</p><p>So far though, Wall Street’s not buying it. If growth stocks rebound soon, Shopify will too. If it remains under pressure though, we could see this one retest the lows.</p><p>The stock is clinging to the 61.8% retracement of the current range after it failed to reclaim the $780 level and as the 10-week moving average remained as active resistance.</p><p>If we see a move below last week’s low that isn’t reclaimed, it opens the door back to the $500 to $511 area. The latter is the 52-week low. Below $500 and the VWAP measure anchored back to Shopify’s first week of trading is in play near $460.</p><p>For long-term investors, that’s likely a reasonable buying opportunity, provided Shopify falls that far.</p><p>On the upside, we could see a rebound back to the 10-week moving average, but until it’s reclaimed, it will remain as resistance. Above that is followed by the $775 to $780 zone.</p></body></html>","source":"lsy1610613172068","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>Shopify Stock Alert: Buy or Sell the Stock Split News?</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\">\nShopify Stock Alert: Buy or Sell the Stock Split News?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-12 16:34 GMT+8 <a href=https://www.thestreet.com/investing/trading-shopify-shop-stock-stock-split-news><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shopify is planning a 10-for-1 stock split. Should investors buy or sell the stock on this news?\\Investors are hoping that Shopify stock eventually gets the love that we saw in Amazon (AMZN) and ...</p>\n\n<a href=\"https://www.thestreet.com/investing/trading-shopify-shop-stock-stock-split-news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc"},"source_url":"https://www.thestreet.com/investing/trading-shopify-shop-stock-stock-split-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152122530","content_text":"Shopify is planning a 10-for-1 stock split. Should investors buy or sell the stock on this news?\\Investors are hoping that Shopify stock eventually gets the love that we saw in Amazon (AMZN) and Alphabet (GOOGL) after those two announced stock splits earlier this year.That said, the split announcements are not having the same impact as before.For instance, stock split announcements for Tesla (TSLA) and Apple (AAPL) sent the share prices exploding higher in the summer of 2020. I’m of the opinion that Amazon would have seen its share price explode higher too, had it announced the split during a bull market, rather than in the throes of high volatility and a bear market in tech stocks.The situation for Shopify stock is even worse.When Amazon announced its split, the stock was 26% below its all-time high. When Shopify announced its 10-for-1 split, the stock was down 66%.If management needs a catalyst, I don’t know if a stock split is it. I’m not discounting the psychological impact or the effect it can have on sentiment, but since it doesn’t have a fundamental impact on the company, it may very well not be enough to move the stock price in a meaningful way with the exception of a short-term bounce.One could argue that Amazon stock rallied more than 20% in the weeks after the announcement. But it also came just days before the S&P 500 bottomed and ripped off an 11.5% gain as it rallied in nine out of 11 sessions.Sorry for the long-winded approach, but the impact of a stock split is important in my view. It doesn’t fix anything or change the situation. It simply multiples the share count and divides the stock price. It’s arithmetic.However, when sentiment is strong, investors gobble up this bit of “good news.” Heck, I like stock splits as much as the next trader. But in bear markets — like the one Shopify stock is in — I don’t think they have as meaningful of an impact because sentiment is so poor.Allow me to also say that I really like Shopify stock and believe in its long-term potential.So far though, Wall Street’s not buying it. If growth stocks rebound soon, Shopify will too. If it remains under pressure though, we could see this one retest the lows.The stock is clinging to the 61.8% retracement of the current range after it failed to reclaim the $780 level and as the 10-week moving average remained as active resistance.If we see a move below last week’s low that isn’t reclaimed, it opens the door back to the $500 to $511 area. The latter is the 52-week low. Below $500 and the VWAP measure anchored back to Shopify’s first week of trading is in play near $460.For long-term investors, that’s likely a reasonable buying opportunity, provided Shopify falls that far.On the upside, we could see a rebound back to the 10-week moving average, but until it’s reclaimed, it will remain as resistance. Above that is followed by the $775 to $780 zone.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9024537403,"gmtCreate":1653883513802,"gmtModify":1676535357415,"author":{"id":"4089123364468420","authorId":"4089123364468420","authorIdStr":"4089123364468420","name":"Jinocide","avatar":"https://static.tigerbbs.com/c352212d23effafd4efd4426f62c4151","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089123364468420"},"themes":[],"htmlText":"Gonna drop again zzz","listText":"Gonna drop again zzz","text":"Gonna drop again zzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024537403","repostId":"1171246330","repostType":2,"repost":{"id":"1171246330","pubTimestamp":1653878824,"share":"https://ttm.financial/m/news/1171246330?lang=&edition=fundamental","pubTime":"2022-05-30 10:47","market":"us","language":"en","title":"PayPal Begins Layoffs, Plans to Shut Down San Francisco Office","url":"https://stock-news.laohu8.com/highlight/detail?id=1171246330","media":"gizmodo","summary":"The company is looking to reduce spending, but says it will not freeze hiring.PayPal has reportedly ","content":"<html><head></head><body><ul><li>The company is looking to reduce spending, but says it will not freeze hiring.</li></ul><p>PayPal has reportedly started laying off employees from its offices in Chicago, Omaha, Nebraska and Chandler, Arizona, in an effort to reduce its spending. The financial technology company is also planning to shut down its San Francisco office, but will not freeze its hiring, according to TechCrunch.</p><p>83 workers at PayPal were impacted by the latest decision. Last month the company also announced plans to close its office in San Francisco. A spokesperson from the company told TechCrunch that PayPal is “constantly evaluating how we work to ensure we are prepared to meet the needs of our customers and operate with the best structure and processes to support our strategic business priorities as we continue to grow and evolve.”</p><p>The company has been struggling to meet its profit goals, lowering its full-year profit outlook from between $4.60 to $4.75 on a per share basis to $3.81 and $3.93. The company’s Chief Executive Officer Dan Schulman said that it was hard to predict the spending habits of consumers on e-commerce platforms as people emerge from the pandemic lockdown, making 2022 a difficult year to forecast, according to Reuters. PayPal also cut ties with its former parent company eBay in June of last year, and eBay has been transferring its payments away from the financial platform since then.</p><p>As a result, the company is looking to cut back on its spending. PayPal’s spending has increased by a measly 15% in the first quarter of the year to $323 billion, marking the smallest increase in the past five years for the company, according to Bloomberg.</p><p>PayPal isn’t the only company having to deal with layoffs. Netflix, Cameo, and Carvana, are among the lengthy list of companies that have cut their workforce in recent weeks.</p></body></html>","source":"lsy1650865316381","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>PayPal Begins Layoffs, Plans to Shut Down San Francisco Office</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\">\nPayPal Begins Layoffs, Plans to Shut Down San Francisco Office\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-30 10:47 GMT+8 <a href=https://gizmodo.com/paypal-lay-offs-san-fransisco-fintech-1848986278><strong>gizmodo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The company is looking to reduce spending, but says it will not freeze hiring.PayPal has reportedly started laying off employees from its offices in Chicago, Omaha, Nebraska and Chandler, Arizona, in ...</p>\n\n<a href=\"https://gizmodo.com/paypal-lay-offs-san-fransisco-fintech-1848986278\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://gizmodo.com/paypal-lay-offs-san-fransisco-fintech-1848986278","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171246330","content_text":"The company is looking to reduce spending, but says it will not freeze hiring.PayPal has reportedly started laying off employees from its offices in Chicago, Omaha, Nebraska and Chandler, Arizona, in an effort to reduce its spending. The financial technology company is also planning to shut down its San Francisco office, but will not freeze its hiring, according to TechCrunch.83 workers at PayPal were impacted by the latest decision. Last month the company also announced plans to close its office in San Francisco. A spokesperson from the company told TechCrunch that PayPal is “constantly evaluating how we work to ensure we are prepared to meet the needs of our customers and operate with the best structure and processes to support our strategic business priorities as we continue to grow and evolve.”The company has been struggling to meet its profit goals, lowering its full-year profit outlook from between $4.60 to $4.75 on a per share basis to $3.81 and $3.93. The company’s Chief Executive Officer Dan Schulman said that it was hard to predict the spending habits of consumers on e-commerce platforms as people emerge from the pandemic lockdown, making 2022 a difficult year to forecast, according to Reuters. PayPal also cut ties with its former parent company eBay in June of last year, and eBay has been transferring its payments away from the financial platform since then.As a result, the company is looking to cut back on its spending. PayPal’s spending has increased by a measly 15% in the first quarter of the year to $323 billion, marking the smallest increase in the past five years for the company, according to Bloomberg.PayPal isn’t the only company having to deal with layoffs. Netflix, Cameo, and Carvana, are among the lengthy list of companies that have cut their workforce in recent weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017266216,"gmtCreate":1649778750662,"gmtModify":1676534573824,"author":{"id":"4089123364468420","authorId":"4089123364468420","authorIdStr":"4089123364468420","name":"Jinocide","avatar":"https://static.tigerbbs.com/c352212d23effafd4efd4426f62c4151","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089123364468420"},"themes":[],"htmlText":"Let's go","listText":"Let's go","text":"Let's go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017266216","repostId":"1193905099","repostType":4,"repost":{"id":"1193905099","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":1649770689,"share":"https://ttm.financial/m/news/1193905099?lang=&edition=fundamental","pubTime":"2022-04-12 21:38","market":"us","language":"en","title":"EV Stocks Gained in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1193905099","media":"Tiger Newspress","summary":"Tesla, Rivian, Lucid, Arrival, Fisker, Canoo, and Sono Group climbed between 1% and 3%.","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, <a href=\"https://laohu8.com/S/RIVN\">Rivian</a>, <a href=\"https://laohu8.com/S/LCID\">Lucid</a>, <a href=\"https://laohu8.com/S/ARVL\">Arrival</a>, Fisker, Canoo, and Sono Group climbed between 1% and 3%.</p><p><img src=\"https://community-static.tradeup.com/news/176b8e57ab8e6f86064b7abc530cf995\" tg-width=\"461\" tg-height=\"524\" referrerpolicy=\"no-referrer\"/></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>EV Stocks Gained in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Stocks Gained in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-12 21:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, <a href=\"https://laohu8.com/S/RIVN\">Rivian</a>, <a href=\"https://laohu8.com/S/LCID\">Lucid</a>, <a href=\"https://laohu8.com/S/ARVL\">Arrival</a>, Fisker, Canoo, and Sono Group climbed between 1% and 3%.</p><p><img src=\"https://community-static.tradeup.com/news/176b8e57ab8e6f86064b7abc530cf995\" tg-width=\"461\" tg-height=\"524\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","LCID":"Lucid Group Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193905099","content_text":"Tesla, Rivian, Lucid, Arrival, Fisker, Canoo, and Sono Group climbed between 1% and 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957344243,"gmtCreate":1677044468183,"gmtModify":1677044472012,"author":{"id":"4089123364468420","authorId":"4089123364468420","authorIdStr":"4089123364468420","name":"Jinocide","avatar":"https://static.tigerbbs.com/c352212d23effafd4efd4426f62c4151","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089123364468420"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957344243","repostId":"1133942172","repostType":2,"repost":{"id":"1133942172","pubTimestamp":1677037053,"share":"https://ttm.financial/m/news/1133942172?lang=&edition=fundamental","pubTime":"2023-02-22 11:37","market":"sg","language":"en","title":"4 Big Winners from Singapore’s Budget 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1133942172","media":"The Smart Investor","summary":"The government is planning to dole out greater support measures to assist Singaporeans in coping wit","content":"<html><head></head><body><blockquote>The government is planning to dole out greater support measures to assist Singaporeans in coping with inflation and higher living costs. Here are some businesses that will benefit.</blockquote><p>Singapore’s core inflation has proven a headache for many.</p><p>From just 0.9% in 2021, core inflation has jumped to 4.1% for 2022 as snarled supply chains and the Russia-Ukraine war wreak havoc on raw material prices.</p><p>Core inflation is expected to remain elevated this year at between 3.5% to 4.5%.</p><p>Luckily, the government has recognised this problem and rolled out Budget 2023 to help cushion the impact of inflation on the cost of living.</p><p>Finance Minister Lawrence Wong announced that an additional S$3 billion will be allocated to the Assurance Package (AP).</p><p>Some of this money will help to increase the cash payout for Singaporeans to between S$700 to S$2,250 over five years.</p><p>The permanent GST Voucher scheme will also be enhanced to offset the higher GST, with individuals receiving as much as S$700 depending on the annual values of their homes.</p><p>Elsewhere, the government will dole out another S$300 in CDC Vouchers in January 2024.</p><p>These increased payouts look set to benefit these four consumer-focused businesses.</p><h3><a href=\"https://laohu8.com/S/OV8.SI\">Sheng Siong Group Ltd</a></h3><p>Sheng Siong is one of the largest supermarket operators in Singapore with a total of 66 outlets located mostly in heartland areas.</p><p>The group also offers more than 1,500 products under its 23 house brands.</p><p>As a necessities-based retailer, Sheng Siong should see better business volumes as people make use of their payouts to shop in its stores.</p><p>For the first nine months of 2022 (9M 2022), the retailer reported a slight 1.9% year on year dip in revenue to S$1 billion.</p><p>However, gross profit inched up 1.3% year on year as margins improved, with net profit staying largely flat year on year at S$100.4 million.</p><p>Not only will the AP and GST Vouchers put more money in the hands of consumers, but the CDC Vouchers will also provide a boost for Sheng Siong come early next year.</p><p>The supermarket operator has just signed an agreement to open its fifth store in Kunming, China.</p><p>It is also planning to grow its network of stores in areas where it does not have a presence, in tandem with the government’s plan to ramp up the supply of HDB flats.</p><h3><a href=\"https://laohu8.com/S/5ML.SI\">Old Chang Kee Ltd</a></h3><p>If you’re hunting for great snacks, look no further than Old Chang Kee, or OCK.</p><p>The group specialises in the manufacture and sale of food products such as spring rolls and carrot cakes including its signature curry puff.</p><p>As of 30 September 2022, OCK operated a total of 80 outlets in Singapore.</p><p>The group could see better business as people have more disposable income to purchase snacks.</p><p>For its fiscal 2023’s first half (1H FY2023) ending 30 September 2022, revenue increased 13% year on year to S$43.7 million.</p><p>Net profit, however, fell by 22% year on year to S$2.6 million.</p><p>However, 1H FY2022 saw the doling out of S$2.7 million under the Jobs Support Scheme (JSS).</p><p>Excluding the JSS, OCK’s net profit would have more than tripled year on year to S$2.5 million from S$697,000.</p><h3><a href=\"https://laohu8.com/S/D01.SI\">DFI Retail Group Holdings Ltd</a></h3><p>DFI Retail is a pan-Asian retailer that operates more than 10,300 outlets under various brands such as Giant Hypermarket, Cold Storage supermarket, and 7-Eleven convenience stores.</p><p>The group has a presence in Singapore, Malaysia, Indonesia, and Hong Kong.</p><p>For its 3Q 2022 interim management statement, DFI Retail saw underlying profitability improve compared to the first half of 2022.</p><p>Of note, like-for-like sales increased in Hong Kong, Macau and Singapore with COVID restrictions removed.</p><p>South China should also see better footfall and sales as China has reopened its borders.</p><p>With the additional cash doled out by the government, DFI Retail should receive a boost at its hypermarkets, supermarkets, health and beauty stores and convenience stores divisions in Singapore as people open their wallets to spend more.</p><h3><a href=\"https://laohu8.com/S/1D0.SI\">Kimly Ltd</a></h3><p>Kimly is one of the largest traditional coffee shop operators in Singapore and operates and manages a network of 84 food outlets, 166 food stalls, and several restaurants, kiosks and cafes around Singapore.</p><p>The group also has a food retail division that sells a variety of local, Japanese, Western, and snack foods in various food courts and food and beverage outlets.</p><p>For 2022, Kimly reported a 33% year on year jump in revenue to S$317.7 million.</p><p>Net profit, however, tumbled 13.4% year on year to S$34 million because of lower government grants.</p><p>Despite this, Kimly declared a total dividend of S$0.0168 per share for last year.</p><p>The group should enjoy better business this year as all restrictions have been eased and more people use their government’s handouts to dine out.</p><p>Kimly is planning to expand its food outlet presence and also grow its food retail division further in 2023.</p></body></html>","source":"lsy1602567310727","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>4 Big Winners from Singapore’s Budget 2023</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\">\n4 Big Winners from Singapore’s Budget 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-22 11:37 GMT+8 <a href=https://thesmartinvestor.com.sg/4-big-winners-from-singapores-budget-2023/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The government is planning to dole out greater support measures to assist Singaporeans in coping with inflation and higher living costs. Here are some businesses that will benefit.Singapore’s core ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-big-winners-from-singapores-budget-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D01.SI":"牛奶国际控股有限公司","1D0.SI":"金味有限公司","OV8.SI":"昇菘","5ML.SI":"老曾记"},"source_url":"https://thesmartinvestor.com.sg/4-big-winners-from-singapores-budget-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133942172","content_text":"The government is planning to dole out greater support measures to assist Singaporeans in coping with inflation and higher living costs. Here are some businesses that will benefit.Singapore’s core inflation has proven a headache for many.From just 0.9% in 2021, core inflation has jumped to 4.1% for 2022 as snarled supply chains and the Russia-Ukraine war wreak havoc on raw material prices.Core inflation is expected to remain elevated this year at between 3.5% to 4.5%.Luckily, the government has recognised this problem and rolled out Budget 2023 to help cushion the impact of inflation on the cost of living.Finance Minister Lawrence Wong announced that an additional S$3 billion will be allocated to the Assurance Package (AP).Some of this money will help to increase the cash payout for Singaporeans to between S$700 to S$2,250 over five years.The permanent GST Voucher scheme will also be enhanced to offset the higher GST, with individuals receiving as much as S$700 depending on the annual values of their homes.Elsewhere, the government will dole out another S$300 in CDC Vouchers in January 2024.These increased payouts look set to benefit these four consumer-focused businesses.Sheng Siong Group LtdSheng Siong is one of the largest supermarket operators in Singapore with a total of 66 outlets located mostly in heartland areas.The group also offers more than 1,500 products under its 23 house brands.As a necessities-based retailer, Sheng Siong should see better business volumes as people make use of their payouts to shop in its stores.For the first nine months of 2022 (9M 2022), the retailer reported a slight 1.9% year on year dip in revenue to S$1 billion.However, gross profit inched up 1.3% year on year as margins improved, with net profit staying largely flat year on year at S$100.4 million.Not only will the AP and GST Vouchers put more money in the hands of consumers, but the CDC Vouchers will also provide a boost for Sheng Siong come early next year.The supermarket operator has just signed an agreement to open its fifth store in Kunming, China.It is also planning to grow its network of stores in areas where it does not have a presence, in tandem with the government’s plan to ramp up the supply of HDB flats.Old Chang Kee LtdIf you’re hunting for great snacks, look no further than Old Chang Kee, or OCK.The group specialises in the manufacture and sale of food products such as spring rolls and carrot cakes including its signature curry puff.As of 30 September 2022, OCK operated a total of 80 outlets in Singapore.The group could see better business as people have more disposable income to purchase snacks.For its fiscal 2023’s first half (1H FY2023) ending 30 September 2022, revenue increased 13% year on year to S$43.7 million.Net profit, however, fell by 22% year on year to S$2.6 million.However, 1H FY2022 saw the doling out of S$2.7 million under the Jobs Support Scheme (JSS).Excluding the JSS, OCK’s net profit would have more than tripled year on year to S$2.5 million from S$697,000.DFI Retail Group Holdings LtdDFI Retail is a pan-Asian retailer that operates more than 10,300 outlets under various brands such as Giant Hypermarket, Cold Storage supermarket, and 7-Eleven convenience stores.The group has a presence in Singapore, Malaysia, Indonesia, and Hong Kong.For its 3Q 2022 interim management statement, DFI Retail saw underlying profitability improve compared to the first half of 2022.Of note, like-for-like sales increased in Hong Kong, Macau and Singapore with COVID restrictions removed.South China should also see better footfall and sales as China has reopened its borders.With the additional cash doled out by the government, DFI Retail should receive a boost at its hypermarkets, supermarkets, health and beauty stores and convenience stores divisions in Singapore as people open their wallets to spend more.Kimly LtdKimly is one of the largest traditional coffee shop operators in Singapore and operates and manages a network of 84 food outlets, 166 food stalls, and several restaurants, kiosks and cafes around Singapore.The group also has a food retail division that sells a variety of local, Japanese, Western, and snack foods in various food courts and food and beverage outlets.For 2022, Kimly reported a 33% year on year jump in revenue to S$317.7 million.Net profit, however, tumbled 13.4% year on year to S$34 million because of lower government grants.Despite this, Kimly declared a total dividend of S$0.0168 per share for last year.The group should enjoy better business this year as all restrictions have been eased and more people use their government’s handouts to dine out.Kimly is planning to expand its food outlet presence and also grow its food retail division further in 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
