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07-18

Load of bs !! CanNOT challenge use sanctions n now Threatening "allies"

Semiconductor Stocks Drop as US Floats Tougher Trade Curbs in Chip Crackdown on China

06-12

Why don CHINA impose similar tariffs ? Or better yet impose bans on EVs from europe

EU to Impose Tariffs of up to 25% on Chinese EVs, FT Reports

06-04

Why should investors be made to pay price for the exchange error ?

NYSE to Unwind Trades in Berkshire Hathaway After Glitch Causes Crash of Over 99%

03-20

How about palantir stock ? Think nvidia might correct or profit take but not crash in near future

Sorry, the original content has been removed

03-04

They don have that longevity to be listed on S&P yet

Palantir Shares Slide over 4% After the Latest S&P 500 Snub

02-20

Pls don complain. Not happy don take ... give to charity or something

Singaporeans Say Budget Fails to Ease Living Costs, Survey Finds

2023-12-08

Palantir - should have bought instead of sell

2023-10-10

I disagree with your article. The reporting of these "scandals" have proveN that the PAP aka SG GOVERNMENT has zero tolerance for such matters. Other countries would moat probably has hushed it up.

How $2 Billion Money Laundering Scandal Threatens Singapore’s Image

2023-09-19

Come on !! Did you ask why they unable to buy ? Are they trying to buy too big a unit ?

5 in 10 Singaporeans Struggle to Buy Their First Home

2022-06-29

How can we actually believe things written by SHORT SELLERS ? WAT is their mode of ops u think

Nio Plays "Accounting Games to Inflate Revenue" Says Grizzly Research

Go to Tiger App to see more news

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CanNOT challenge use sanctions n now&nbsp; Threatening \"allies\"","listText":"Load of bs !! CanNOT challenge use sanctions n now&nbsp; Threatening \"allies\"","text":"Load of bs !! CanNOT challenge use sanctions n now Threatening \"allies\"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328797935333480","repostId":"1127823204","repostType":2,"repost":{"id":"1127823204","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":1721203500,"share":"https://ttm.financial/m/news/1127823204?lang=&edition=fundamental","pubTime":"2024-07-17 16:05","market":"us","language":"en","title":"Semiconductor Stocks Drop as US Floats Tougher Trade Curbs in Chip Crackdown on China","url":"https://stock-news.laohu8.com/highlight/detail?id=1127823204","media":"Tiger Newspress","summary":"The Biden administration, facing pushback to its chip crackdown on China, has told allies that it’s considering using the most severe trade restrictions available if companies such as Tokyo Electron L","content":"<html><head></head><body><p>The Biden administration, facing pushback to its chip crackdown on China, has told allies that it’s considering using the most severe trade restrictions available if companies such as Tokyo Electron Ltd. and ASML Holding NV continue giving the country access to advanced semiconductor technology.</p><p style=\"text-align: start;\">Seeking leverage with allies, the US is mulling whether to impose a measure called the foreign direct product rule, or FDPR, said people familiar with recent discussions. 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The rule lets the country impose controls on foreign-made products that use even the tiniest amount of American technology.</p><p style=\"text-align: start;\">Such a step — seen by allies as draconian — would be used to clamp down on business in China by Japan’s Tokyo Electron and the Netherlands’ ASML, which make chipmaking machinery that’s vital to the industry. The US is presenting the idea to officials in Tokyo and the Hague as an increasingly likely outcome if the countries don’t tighten their own China measures, according to the people, who asked not to be identified because the deliberations are private.</p><p>Semiconductor stocks dropped in premarket trading Wednesday. ASML fell 6%; TSMC and Arm fell 3%; Nvidia, AMD, Broadcom, Micron and Super Micro fell more than 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ea7bc7b44526ecf5baa9c3e540add32d\" tg-width=\"357\" tg-height=\"666\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","ASML":"阿斯麦","ARM":"ARM Holdings","MU":"美光科技","SMCI":"超微电脑","TSM":"台积电","NVDA":"英伟达","AVGO":"博通"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127823204","content_text":"The Biden administration, facing pushback to its chip crackdown on China, has told allies that it’s considering using the most severe trade restrictions available if companies such as Tokyo Electron Ltd. and ASML Holding NV continue giving the country access to advanced semiconductor technology.Seeking leverage with allies, the US is mulling whether to impose a measure called the foreign direct product rule, or FDPR, said people familiar with recent discussions. The rule lets the country impose controls on foreign-made products that use even the tiniest amount of American technology.Such a step — seen by allies as draconian — would be used to clamp down on business in China by Japan’s Tokyo Electron and the Netherlands’ ASML, which make chipmaking machinery that’s vital to the industry. The US is presenting the idea to officials in Tokyo and the Hague as an increasingly likely outcome if the countries don’t tighten their own China measures, according to the people, who asked not to be identified because the deliberations are private.Semiconductor stocks dropped in premarket trading Wednesday. ASML fell 6%; TSMC and Arm fell 3%; Nvidia, AMD, Broadcom, Micron and Super Micro fell more than 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316041802973200,"gmtCreate":1718183723218,"gmtModify":1718184227937,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Why don CHINA impose similar tariffs ? Or better yet&nbsp; impose bans on EVs from&nbsp; europe","listText":"Why don CHINA impose similar tariffs ? Or better yet&nbsp; impose bans on EVs from&nbsp; europe","text":"Why don CHINA impose similar tariffs ? Or better yet impose bans on EVs from europe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/316041802973200","repostId":"1107130020","repostType":2,"repost":{"id":"1107130020","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1718183252,"share":"https://ttm.financial/m/news/1107130020?lang=&edition=fundamental","pubTime":"2024-06-12 17:07","market":"us","language":"en","title":"EU to Impose Tariffs of up to 25% on Chinese EVs, FT Reports","url":"https://stock-news.laohu8.com/highlight/detail?id=1107130020","media":"Reuters","summary":"EV shares slid in premarket trading.Nio fell over 4%; Li Auto fell 2%; XPeng up 0.3%.The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported, citing people familiar with the matter.Analysts have said they expect tariffs of between 10% and 25% on Chinese EVs. The European Commission has said Chinese EVs receive excessive subsidies.The EU and China","content":"<html><head></head><body><p>EV shares slid in premarket trading.</p><p>Nio fell over 4%; Li Auto fell 2%; XPeng up 0.3%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/def59c0b44e8f3e1fe5f4163976dfc1f\" tg-width=\"310\" tg-height=\"211\"/></p><p>The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported, citing people familiar with the matter.</p><p>Analysts have said they expect tariffs of between 10% and 25% on Chinese EVs. The European Commission has said Chinese EVs receive excessive subsidies.</p><p>The EU and China&#39;s foreign affairs ministry did not immediately respond to Reuters&#39; requests for comment.</p><p>Less than a month after Washington quadrupled duties for Chinese EVs to 100%, Brussels is expected to set almost certainly far lower tariffs for imports from Chinese makers such as BYD and Geely as well as Western producers such as Tesla that export cars from China to Europe.</p><p>BYD, Geely, SAIC and Tesla did not immediately respond to Reuters&#39; queries on the report.</p><p>The move comes as European automakers are being challenged by an influx of lower-cost EVs from Chinese rivals.</p><p>China has rebuked the EU over the anti-subsidy investigation, urged cooperation and lobbied individual EU countries, but not fully spelt out what its response to tariffs would be.</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>EU to Impose Tariffs of up to 25% on Chinese EVs, FT Reports</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\">\nEU to Impose Tariffs of up to 25% on Chinese EVs, FT Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-06-12 17:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV shares slid in premarket trading.</p><p>Nio fell over 4%; Li Auto fell 2%; XPeng up 0.3%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/def59c0b44e8f3e1fe5f4163976dfc1f\" tg-width=\"310\" tg-height=\"211\"/></p><p>The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported, citing people familiar with the matter.</p><p>Analysts have said they expect tariffs of between 10% and 25% on Chinese EVs. The European Commission has said Chinese EVs receive excessive subsidies.</p><p>The EU and China&#39;s foreign affairs ministry did not immediately respond to Reuters&#39; requests for comment.</p><p>Less than a month after Washington quadrupled duties for Chinese EVs to 100%, Brussels is expected to set almost certainly far lower tariffs for imports from Chinese makers such as BYD and Geely as well as Western producers such as Tesla that export cars from China to Europe.</p><p>BYD, Geely, SAIC and Tesla did not immediately respond to Reuters&#39; queries on the report.</p><p>The move comes as European automakers are being challenged by an influx of lower-cost EVs from Chinese rivals.</p><p>China has rebuked the EU over the anti-subsidy investigation, urged cooperation and lobbied individual EU countries, but not fully spelt out what its response to tariffs would be.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","LI":"理想汽车","XPEV":"小鹏汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107130020","content_text":"EV shares slid in premarket trading.Nio fell over 4%; Li Auto fell 2%; XPeng up 0.3%.The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported, citing people familiar with the matter.Analysts have said they expect tariffs of between 10% and 25% on Chinese EVs. The European Commission has said Chinese EVs receive excessive subsidies.The EU and China's foreign affairs ministry did not immediately respond to Reuters' requests for comment.Less than a month after Washington quadrupled duties for Chinese EVs to 100%, Brussels is expected to set almost certainly far lower tariffs for imports from Chinese makers such as BYD and Geely as well as Western producers such as Tesla that export cars from China to Europe.BYD, Geely, SAIC and Tesla did not immediately respond to Reuters' queries on the report.The move comes as European automakers are being challenged by an influx of lower-cost EVs from Chinese rivals.China has rebuked the EU over the anti-subsidy investigation, urged cooperation and lobbied individual EU countries, but not fully spelt out what its response to tariffs would be.","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313117654831144,"gmtCreate":1717466979039,"gmtModify":1717466982759,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Why should investors be made to pay price for the exchange error ?","listText":"Why should investors be made to pay price for the exchange error ?","text":"Why should investors be made to pay price for the exchange error ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313117654831144","repostId":"2440117417","repostType":2,"repost":{"id":"2440117417","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1717457496,"share":"https://ttm.financial/m/news/2440117417?lang=&edition=fundamental","pubTime":"2024-06-04 07:31","market":"fut","language":"en","title":"NYSE to Unwind Trades in Berkshire Hathaway After Glitch Causes Crash of Over 99%","url":"https://stock-news.laohu8.com/highlight/detail?id=2440117417","media":"Dow Jones","summary":"Investors who thought they got the deal of a lifetime on Berkshire Hathaway Class A shares are in for a disappointment.The New York Stock Exchange and other market operators have decided to unwind tra","content":"<html><head></head><body><p>Investors who thought they got the deal of a lifetime on Berkshire Hathaway Class A shares are in for a disappointment.</p><p>The New York Stock Exchange and other market operators have decided to unwind trades in Berkshire Class A shares that took place at absurdly cheap prices on Monday morning due to a glitch with a key market data feed.</p><p>Trading in Berkshire Class A shares was halted at about 9:50 a.m. ET with the price at $185.10, a precipitous drop of more than 99% from Fridays closing price of $627,400 per share.</p><p>Other stocks that displayed drops of around 99% after Mondays opening bell included Barrick Gold, Bank of Montreal and nuclear-reactor developer <a href=\"https://laohu8.com/S/SMR\">NuScale Power</a>. Trading in the affected stocks resumed later in the morning, and prices reverted to more normal levels.</p><p>NYSE said in a notice to traders that trades in Berkshire Class A shares that took place around 9:50 a.m. ET at prices below $603,718.30 would be unwound. Anomalous trades in the other impacted stocks are still under review.</p><p>Earlier, a NYSE spokesperson said that up to 40 of its listed stocks and exchange-traded funds were halted Monday morning because of a technical issue at the main data feed that broadcasts prices for NYSE-listed securities. The data feed, called a securities information processor, or SIP, is operated by an arm of the NYSE. Many brokerages and financial-data providers use data from the SIP to show current stock prices.</p><p>&#34;Shortly before noon, the issue was resolved and trading in the impacted stocks resumed,&#34; the spokesperson said.</p><p>The Consolidated Tape Association, the industry consortium that oversees the SIP, said in a notice posted online that the glitch may have been related to a new software release. After the problems emerged this morning, the SIPs operators restarted the data feed from a backup facility that used the old version of the software, fixing the issue, the association said.</p><p>The snafu that sent Berkshire Hathaway and other stocks into a tailspin was related to limit up/limit down halts, according to the CTA and NYSE notices. Ironically, thats the investor-protection mechanism that halts stocks during bursts of extreme volatility. People familiar with the matter said an upgrade to the SIP over the weekend was intended to tweak the handling of such volatility halts.</p><p>Mondays glitch comes after a technical issue with index provider S&amp;P Dow Jones Indices last week caused a roughly hour-long pause in updates to the S&amp;P 500 and Dow Jones Industrial Average.</p><p>Berkshire Hathaway has two share classes, and its Class A shares are famous for having an unusually high price per share, due to Buffetts refusal to split them. Trading in the lower-priced B shares was unaffected by the data glitch.</p><p>If traders were able to get Berkshire&#39;s A shares for less than half the price of its B shares, that would be quite the opportunity. One Class B share carries just 1/1,500 of the ownership stake of a Class A share. That&#39;s why when A shares closed Friday at $627,400, B shares ended at $414.40.</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>NYSE to Unwind Trades in Berkshire Hathaway After Glitch Causes Crash of Over 99%</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\">\nNYSE to Unwind Trades in Berkshire Hathaway After Glitch Causes Crash of Over 99%\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\">2024-06-04 07:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Investors who thought they got the deal of a lifetime on Berkshire Hathaway Class A shares are in for a disappointment.</p><p>The New York Stock Exchange and other market operators have decided to unwind trades in Berkshire Class A shares that took place at absurdly cheap prices on Monday morning due to a glitch with a key market data feed.</p><p>Trading in Berkshire Class A shares was halted at about 9:50 a.m. ET with the price at $185.10, a precipitous drop of more than 99% from Fridays closing price of $627,400 per share.</p><p>Other stocks that displayed drops of around 99% after Mondays opening bell included Barrick Gold, Bank of Montreal and nuclear-reactor developer <a href=\"https://laohu8.com/S/SMR\">NuScale Power</a>. Trading in the affected stocks resumed later in the morning, and prices reverted to more normal levels.</p><p>NYSE said in a notice to traders that trades in Berkshire Class A shares that took place around 9:50 a.m. ET at prices below $603,718.30 would be unwound. Anomalous trades in the other impacted stocks are still under review.</p><p>Earlier, a NYSE spokesperson said that up to 40 of its listed stocks and exchange-traded funds were halted Monday morning because of a technical issue at the main data feed that broadcasts prices for NYSE-listed securities. The data feed, called a securities information processor, or SIP, is operated by an arm of the NYSE. Many brokerages and financial-data providers use data from the SIP to show current stock prices.</p><p>&#34;Shortly before noon, the issue was resolved and trading in the impacted stocks resumed,&#34; the spokesperson said.</p><p>The Consolidated Tape Association, the industry consortium that oversees the SIP, said in a notice posted online that the glitch may have been related to a new software release. After the problems emerged this morning, the SIPs operators restarted the data feed from a backup facility that used the old version of the software, fixing the issue, the association said.</p><p>The snafu that sent Berkshire Hathaway and other stocks into a tailspin was related to limit up/limit down halts, according to the CTA and NYSE notices. Ironically, thats the investor-protection mechanism that halts stocks during bursts of extreme volatility. People familiar with the matter said an upgrade to the SIP over the weekend was intended to tweak the handling of such volatility halts.</p><p>Mondays glitch comes after a technical issue with index provider S&amp;P Dow Jones Indices last week caused a roughly hour-long pause in updates to the S&amp;P 500 and Dow Jones Industrial Average.</p><p>Berkshire Hathaway has two share classes, and its Class A shares are famous for having an unusually high price per share, due to Buffetts refusal to split them. Trading in the lower-priced B shares was unaffected by the data glitch.</p><p>If traders were able to get Berkshire&#39;s A shares for less than half the price of its B shares, that would be quite the opportunity. One Class B share carries just 1/1,500 of the ownership stake of a Class A share. That&#39;s why when A shares closed Friday at $627,400, B shares ended at $414.40.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","BK4585":"ETF&股票定投概念","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4534":"瑞士信贷持仓","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4588":"碎股","BK4550":"红杉资本持仓","LU0251142724.SGD":"Fidelity America A-SGD","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BRK.A":"伯克希尔","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BRK.B":"伯克希尔B","BK4581":"高盛持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0971096721.USD":"富达环球金融服务 A","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4176":"多领域控股","NYSE":"纽交所","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2440117417","content_text":"Investors who thought they got the deal of a lifetime on Berkshire Hathaway Class A shares are in for a disappointment.The New York Stock Exchange and other market operators have decided to unwind trades in Berkshire Class A shares that took place at absurdly cheap prices on Monday morning due to a glitch with a key market data feed.Trading in Berkshire Class A shares was halted at about 9:50 a.m. ET with the price at $185.10, a precipitous drop of more than 99% from Fridays closing price of $627,400 per share.Other stocks that displayed drops of around 99% after Mondays opening bell included Barrick Gold, Bank of Montreal and nuclear-reactor developer NuScale Power. Trading in the affected stocks resumed later in the morning, and prices reverted to more normal levels.NYSE said in a notice to traders that trades in Berkshire Class A shares that took place around 9:50 a.m. ET at prices below $603,718.30 would be unwound. Anomalous trades in the other impacted stocks are still under review.Earlier, a NYSE spokesperson said that up to 40 of its listed stocks and exchange-traded funds were halted Monday morning because of a technical issue at the main data feed that broadcasts prices for NYSE-listed securities. The data feed, called a securities information processor, or SIP, is operated by an arm of the NYSE. Many brokerages and financial-data providers use data from the SIP to show current stock prices.\"Shortly before noon, the issue was resolved and trading in the impacted stocks resumed,\" the spokesperson said.The Consolidated Tape Association, the industry consortium that oversees the SIP, said in a notice posted online that the glitch may have been related to a new software release. After the problems emerged this morning, the SIPs operators restarted the data feed from a backup facility that used the old version of the software, fixing the issue, the association said.The snafu that sent Berkshire Hathaway and other stocks into a tailspin was related to limit up/limit down halts, according to the CTA and NYSE notices. Ironically, thats the investor-protection mechanism that halts stocks during bursts of extreme volatility. People familiar with the matter said an upgrade to the SIP over the weekend was intended to tweak the handling of such volatility halts.Mondays glitch comes after a technical issue with index provider S&P Dow Jones Indices last week caused a roughly hour-long pause in updates to the S&P 500 and Dow Jones Industrial Average.Berkshire Hathaway has two share classes, and its Class A shares are famous for having an unusually high price per share, due to Buffetts refusal to split them. Trading in the lower-priced B shares was unaffected by the data glitch.If traders were able to get Berkshire's A shares for less than half the price of its B shares, that would be quite the opportunity. One Class B share carries just 1/1,500 of the ownership stake of a Class A share. That's why when A shares closed Friday at $627,400, B shares ended at $414.40.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":286371327959216,"gmtCreate":1710949582468,"gmtModify":1710949586634,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"How about&nbsp; palantir stock ?&nbsp; &nbsp;Think nvidia might correct or profit take but not crash in near future","listText":"How about&nbsp; palantir stock ?&nbsp; &nbsp;Think nvidia might correct or profit take but not crash in near future","text":"How about palantir stock ? Think nvidia might correct or profit take but not crash in near future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286371327959216","repostId":"2420431357","repostType":2,"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":280641269846024,"gmtCreate":1709545472125,"gmtModify":1709545475896,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"They don have that longevity to be listed on S&amp;P&nbsp; yet","listText":"They don have that longevity to be listed on S&amp;P&nbsp; yet","text":"They don have that longevity to be listed on S&P yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/280641269846024","repostId":"1189464286","repostType":2,"repost":{"id":"1189464286","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":1709565814,"share":"https://ttm.financial/m/news/1189464286?lang=&edition=fundamental","pubTime":"2024-03-04 23:23","market":"us","language":"en","title":"Palantir Shares Slide over 4% After the Latest S&P 500 Snub","url":"https://stock-news.laohu8.com/highlight/detail?id=1189464286","media":"Tiger Newspress","summary":"Palantir shares slid over 4% after the latest S&P 500 snub.CEO Alex Karp been boasting since last summer that Palantir's strong results make it eligible for inclusion in the S&P 500. However, S&P just released its latest update for the index, and Palantir has been snubbed but included Super Micro Computer and footwear designer and distributor Deckers Outdoor Corp. The changes will take effect on March 18.Inclusion in the S&P 500 typically benefits stocks as index funds holding portfolios that mi","content":"<html><head></head><body><p>Palantir shares slid over 4% after the latest S&amp;P 500 snub.</p><p>CEO Alex Karp been boasting since last summer that Palantir&#39;s strong results make it eligible for inclusion in the S&amp;P 500. However, S&amp;P just released its latest update for the index, and Palantir has been snubbed but included Super Micro Computer and footwear designer and distributor Deckers Outdoor Corp. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee5bf8eabada96a07848b11d84c1defb\" tg-width=\"798\" tg-height=\"618\"/></p><p>The changes will take effect on March 18.</p><p>Inclusion in the S&amp;P 500 typically benefits stocks as index funds holding portfolios that mirror the index are obligated to buy them to maintain the weightings of the constituent stocks. Additionally, the increased trading volume and liquidity due to purchases by index funds and ETFs further bolster the stock’s value.</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>Palantir Shares Slide over 4% After the Latest S&P 500 Snub</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\">\nPalantir Shares Slide over 4% After the Latest S&P 500 Snub\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\">2024-03-04 23:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Palantir shares slid over 4% after the latest S&amp;P 500 snub.</p><p>CEO Alex Karp been boasting since last summer that Palantir&#39;s strong results make it eligible for inclusion in the S&amp;P 500. However, S&amp;P just released its latest update for the index, and Palantir has been snubbed but included Super Micro Computer and footwear designer and distributor Deckers Outdoor Corp. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee5bf8eabada96a07848b11d84c1defb\" tg-width=\"798\" tg-height=\"618\"/></p><p>The changes will take effect on March 18.</p><p>Inclusion in the S&amp;P 500 typically benefits stocks as index funds holding portfolios that mirror the index are obligated to buy them to maintain the weightings of the constituent stocks. Additionally, the increased trading volume and liquidity due to purchases by index funds and ETFs further bolster the stock’s value.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189464286","content_text":"Palantir shares slid over 4% after the latest S&P 500 snub.CEO Alex Karp been boasting since last summer that Palantir's strong results make it eligible for inclusion in the S&P 500. However, S&P just released its latest update for the index, and Palantir has been snubbed but included Super Micro Computer and footwear designer and distributor Deckers Outdoor Corp. The changes will take effect on March 18.Inclusion in the S&P 500 typically benefits stocks as index funds holding portfolios that mirror the index are obligated to buy them to maintain the weightings of the constituent stocks. Additionally, the increased trading volume and liquidity due to purchases by index funds and ETFs further bolster the stock’s value.","news_type":1},"isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":275922822607136,"gmtCreate":1708402878942,"gmtModify":1708403610801,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Pls don complain. Not happy don take ... give to&nbsp; charity or something","listText":"Pls don complain. Not happy don take ... give to&nbsp; charity or something","text":"Pls don complain. Not happy don take ... give to charity or something","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/275922822607136","repostId":"1155990639","repostType":2,"repost":{"id":"1155990639","kind":"news","pubTimestamp":1708399656,"share":"https://ttm.financial/m/news/1155990639?lang=&edition=fundamental","pubTime":"2024-02-20 11:27","market":"sg","language":"en","title":"Singaporeans Say Budget Fails to Ease Living Costs, Survey Finds","url":"https://stock-news.laohu8.com/highlight/detail?id=1155990639","media":"Bloomberg","summary":"Majority of citizens, residents think latest aid is not enoughVouchers for groceries, food vendors credited with most impactThe spending plan announced last week is expected to swing the government bu","content":"<html><head></head><body><ul style=\"\"><li><p>Majority of citizens, residents think latest aid is not enough</p></li><li><p>Vouchers for groceries, food vendors credited with most impact</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3046160046f73f2e9d6422b880a5692e\" alt=\"The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.\" title=\"The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.\" tg-width=\"2000\" tg-height=\"1333\"/><span>The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.</span></p><p>Six in 10 Singapore citizens and residents think that the government’s latest budget measures aren’t enough to help them cope with the rising cost of living, according to a new survey.</p><p>Only 35% of respondents polled by Milieu Insight said they were reassured by the social aid unveiled in the budget for the new fiscal year starting April, while 44% reported feeling neutral.</p><p>Singapore’s ruling party is giving handouts to ease angst over rising costs while navigating a path back to <u>fiscal prudence</u>. The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.</p><p>Of the measures announced by the government on Friday, the S$600 ($445) worth of vouchers that Singaporean households can use at groceries and hawker centers was by far considered to have the most significant impact by respondents to the Milieu poll.</p><p>The survey took place from February 17-19 and covered 1,002 respondents.</p><p>The budget was more conservative than expected, as the Finance Ministry looks to minimize the risks of overheating the economy, said Kai Wei Ang, an economist at Bank of America.</p><p>The budget address underlined “elevated concerns” about inflation and cost-of-living issues that are closely watched by the Monetary Authority of Singapore, the analyst said.</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>Singaporeans Say Budget Fails to Ease Living Costs, Survey Finds</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\">\nSingaporeans Say Budget Fails to Ease Living Costs, Survey Finds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-20 11:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-02-20/singaporeans-say-budget-fails-to-ease-living-costs-survey-finds><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Majority of citizens, residents think latest aid is not enoughVouchers for groceries, food vendors credited with most impactThe spending plan announced last week is expected to swing the government ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-20/singaporeans-say-budget-fails-to-ease-living-costs-survey-finds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2024-02-20/singaporeans-say-budget-fails-to-ease-living-costs-survey-finds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155990639","content_text":"Majority of citizens, residents think latest aid is not enoughVouchers for groceries, food vendors credited with most impactThe spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.Six in 10 Singapore citizens and residents think that the government’s latest budget measures aren’t enough to help them cope with the rising cost of living, according to a new survey.Only 35% of respondents polled by Milieu Insight said they were reassured by the social aid unveiled in the budget for the new fiscal year starting April, while 44% reported feeling neutral.Singapore’s ruling party is giving handouts to ease angst over rising costs while navigating a path back to fiscal prudence. The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.Of the measures announced by the government on Friday, the S$600 ($445) worth of vouchers that Singaporean households can use at groceries and hawker centers was by far considered to have the most significant impact by respondents to the Milieu poll.The survey took place from February 17-19 and covered 1,002 respondents.The budget was more conservative than expected, as the Finance Ministry looks to minimize the risks of overheating the economy, said Kai Wei Ang, an economist at Bank of America.The budget address underlined “elevated concerns” about inflation and cost-of-living issues that are closely watched by the Monetary Authority of Singapore, the analyst said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":249642277880040,"gmtCreate":1701997936249,"gmtModify":1701997940754,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Palantir - should have bought instead of sell","listText":"Palantir - should have bought instead of sell","text":"Palantir - should have bought instead of sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/249642277880040","isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":228895784829016,"gmtCreate":1696909369783,"gmtModify":1696909411426,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"I disagree with your article.&nbsp; The reporting of these \"scandals\" have proveN that the PAP aka SG GOVERNMENT has zero tolerance for such matters. Other countries would moat probably has hushed it up.","listText":"I disagree with your article.&nbsp; The reporting of these \"scandals\" have proveN that the PAP aka SG GOVERNMENT has zero tolerance for such matters. Other countries would moat probably has hushed it up.","text":"I disagree with your article. The reporting of these \"scandals\" have proveN that the PAP aka SG GOVERNMENT has zero tolerance for such matters. Other countries would moat probably has hushed it up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/228895784829016","repostId":"1172234839","repostType":2,"repost":{"id":"1172234839","kind":"news","pubTimestamp":1696905354,"share":"https://ttm.financial/m/news/1172234839?lang=&edition=fundamental","pubTime":"2023-10-10 10:35","market":"sg","language":"en","title":"How $2 Billion Money Laundering Scandal Threatens Singapore’s Image","url":"https://stock-news.laohu8.com/highlight/detail?id=1172234839","media":"Bloomberg","summary":"Singapore’s normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself describes as potentially one of the world’s largest money-laundering cases. More than S$2.8 billion  worth of assets from cash to crypto have been seized, while lawmakers debate how much more dirty money has been sloshing around. On top of that, a series of political scandals has dented the city-state’s","content":"<html><head></head><body><p>Singapore’s normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself describes as potentially one of the world’s largest money-laundering cases. More than S$2.8 billion ($2 billion) worth of assets from cash to crypto have been seized, while lawmakers debate how much more dirty money has been sloshing around. On top of that, a series of political scandals has dented the city-state’s reputation for propriety, creating new headaches for the long-ruling People’s Action Party just as it’s trying to placate voters anxious about perceived rising inequality and the cost of living.</p><h3 id=\"id_595304571\" style=\"text-align: start;\">1. What is Singapore’s money-laundering case about?</h3><p style=\"text-align: start;\">On Aug. 15, more than 400 police officers conducted raids at dawn across the island and rounded up 10 suspects, all originally from China but carrying multiple passports. They were charged with forging documents and laundering profits from scams and illegal online gambling in Singapore. As of Oct. 5, none had been granted bail after prosecutors cited flight risks. At least one — Vang Shuiming, who had passports from Cambodia, Turkey, China and Vanuatu — has requested a trial. The police banned more than 150 properties connected to them from being sold. Additionally, 62 vehicles, some S$38 million in cryptocurrencies, 68 gold bars and thousands of bottles of liquor were confiscated. Few institutions were unscathed. Some of the accused were also members of prestigious golf clubs, while local media reported that a number were also donors to<strong> </strong>Singapore charities. While there have been other scandals involving banks in Singapore over the years, including Malaysia’s 1MDB saga in 2016 and the meltdown of German payments company Wirecard AG in 2022, this case is different in that the people allegedly involved chose to reside and set up new businesses in Singapore.</p><h3 id=\"id_4287561063\" style=\"text-align: start;\">2. Does the money laundering case have any connections to China?</h3><p style=\"text-align: start;\">Some of the 10 arrested are wanted in China for crimes including scams and offshore online gambling operations that cater illegally to people in mainland China, according to prosecutors. Since gambling is illegal in mainland China, online businesses have proliferated in some neighboring jurisdictions that do allow it, including Macau, Singapore, Cambodia and the Philippines, to reach that audience. The raids in Singapore came shortly after a two-day visit by Chinese Foreign Minister Wang Yi. But Home Affairs Minister K. Shanmugam called it “absurd” to suggest there was any pressure from Beijing to arrest the people. Investigations of the money-laundering ring date back to 2021 after banks and companies filed suspicious transaction reports, according to another minister Josephine Teo. She said that probes of such scale and complexity take years and discretion, and “once we confirmed our suspicions, we acted.<strong>”</strong> At least 240 individuals were convicted of money laundering offenses from 2020 to 2022 with the police seizing more than S$1.2 billion worth of assets, she told Parliament.</p><h3 id=\"id_4036744279\" style=\"text-align: start;\">3. Which banks are involved in the Singapore money laundering case?</h3><p style=\"text-align: start;\">The suspects have banking relationships with more than 10 financial institutions in Singapore, which hold either their personal or business accounts. About S$1.4 billion of the seized assets as of early October were in bank accounts. Credit Suisse Group AG held S$92 million for Vang in Singapore. Other banks that have been embroiled are local units of Citigroup Inc. and Bank Julius Baer, as well as Singapore’s largest lenders DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. After the raids, Singapore banks were said to be tightening their scrutiny process for clients, Bloomberg News reported. Some of the international banks also closed accounts of Chinese clients carrying passports from other countries; China doesn’t allow for dual citizenship. Earlier in the year, four financial institutions including DBS and an insurer were fined S$3.8 million in total in relation to the Wirecard scandal. Authorities concluded they had failed to vet their clients and adequately establish sources of wealth for high-risk ones.</p><h3 id=\"id_3556716985\" style=\"text-align: start;\">3. What are family offices and what role did they play?</h3><p style=\"text-align: start;\">Family offices are secretive, loosely regulated, privately owned companies that manage vast amounts of money for wealthy clans. They’ve been expanding dramatically, with Singapore as a major center. Authorities found that one or more of the accused in the money laundering case may have been linked to single family offices that were awarded tax incentives, according to Minister of State Alvin Tan. He said the Monetary Authority of Singapore is reviewing its internal processes for awarding these tax breaks, and will tighten them where necessary.</p><h3 id=\"id_3787273092\" style=\"text-align: start;\">4. What has all this done to Singapore’s image as a clean city?</h3><p style=\"text-align: start;\">Singapore has long capitalized on its reputation for clean governance and zero tolerance for crime to attract foreign investments and the well-to-do. Wealth inflows into Singapore totaled $1.5 trillion last year, according to an estimate by Boston Consulting Group. This makes the country the world’s third most popular destination, after Switzerland and Hong Kong, for the global rich to park their assets. The money-laundering case is shining a light on fund flows from abroad and whether the $2 trillion financial sector driving the city-state’s economy has done enough to block dubious transactions. It has sparked questions in Parliament about tightening money-laundering rules and immigration checks. And it also risks complicating a drive by the government to allay concerns about rising living costs, expensive home prices and perceived inequality in the city-state. The People’s Action Party, which has ruled Singapore for nearly six decades since independence, had already been buffeted this year by a spate of political scandals: A graft probe involving the transport minister, the resignation of the parliament speaker following an extra-marital affair, and the spectacle of two senior ministers being grilled in Parliament about their renting of state-owned mansions.</p><h3 id=\"id_1457941704\" style=\"text-align: start;\">5. How is the Singapore government trying to repair the damage?</h3><p style=\"text-align: start;\">In addition to weighing more rules for family offices, the city-state is setting up an inter-ministerial committee to review the existing system to prevent money laundering and look for ways to improve it. The committee will focus on how to prevent corporate structures from being used by criminals and how financial firms can enhance their controls and work more effectively with the authorities. It will also look into professions such as realestate agents, precious-metals dealers and corporate service providers to set up guardrails against money laundering. Minister Teo told parliament that the police investigation “has strengthened our reputation as a serious, high quality financial center, and for law and order.” At the same time, Singapore is seeking to show it’s still open to legitimate business. “If we make the rules too tight, then it is the vast majority of innocent applicants who will be unnecessarily penalized,” she said.<strong> </strong>To address residents’ concerns about housing costs, the government has tried multiple curbs on the market, including the doubling of taxes on property purchases by foreign buyers in April to 60% — the highest among major markets.</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>How $2 Billion Money Laundering Scandal Threatens Singapore’s Image</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\">\nHow $2 Billion Money Laundering Scandal Threatens Singapore’s Image\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-10 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-10-09/singapore-money-laundering-case-latest-on-banks-politics-what-s-at-stake><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-10-09/singapore-money-laundering-case-latest-on-banks-politics-what-s-at-stake\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-10-09/singapore-money-laundering-case-latest-on-banks-politics-what-s-at-stake","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172234839","content_text":"Singapore’s normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself describes as potentially one of the world’s largest money-laundering cases. More than S$2.8 billion ($2 billion) worth of assets from cash to crypto have been seized, while lawmakers debate how much more dirty money has been sloshing around. On top of that, a series of political scandals has dented the city-state’s reputation for propriety, creating new headaches for the long-ruling People’s Action Party just as it’s trying to placate voters anxious about perceived rising inequality and the cost of living.1. What is Singapore’s money-laundering case about?On Aug. 15, more than 400 police officers conducted raids at dawn across the island and rounded up 10 suspects, all originally from China but carrying multiple passports. They were charged with forging documents and laundering profits from scams and illegal online gambling in Singapore. As of Oct. 5, none had been granted bail after prosecutors cited flight risks. At least one — Vang Shuiming, who had passports from Cambodia, Turkey, China and Vanuatu — has requested a trial. The police banned more than 150 properties connected to them from being sold. Additionally, 62 vehicles, some S$38 million in cryptocurrencies, 68 gold bars and thousands of bottles of liquor were confiscated. Few institutions were unscathed. Some of the accused were also members of prestigious golf clubs, while local media reported that a number were also donors to Singapore charities. While there have been other scandals involving banks in Singapore over the years, including Malaysia’s 1MDB saga in 2016 and the meltdown of German payments company Wirecard AG in 2022, this case is different in that the people allegedly involved chose to reside and set up new businesses in Singapore.2. Does the money laundering case have any connections to China?Some of the 10 arrested are wanted in China for crimes including scams and offshore online gambling operations that cater illegally to people in mainland China, according to prosecutors. Since gambling is illegal in mainland China, online businesses have proliferated in some neighboring jurisdictions that do allow it, including Macau, Singapore, Cambodia and the Philippines, to reach that audience. The raids in Singapore came shortly after a two-day visit by Chinese Foreign Minister Wang Yi. But Home Affairs Minister K. Shanmugam called it “absurd” to suggest there was any pressure from Beijing to arrest the people. Investigations of the money-laundering ring date back to 2021 after banks and companies filed suspicious transaction reports, according to another minister Josephine Teo. She said that probes of such scale and complexity take years and discretion, and “once we confirmed our suspicions, we acted.” At least 240 individuals were convicted of money laundering offenses from 2020 to 2022 with the police seizing more than S$1.2 billion worth of assets, she told Parliament.3. Which banks are involved in the Singapore money laundering case?The suspects have banking relationships with more than 10 financial institutions in Singapore, which hold either their personal or business accounts. About S$1.4 billion of the seized assets as of early October were in bank accounts. Credit Suisse Group AG held S$92 million for Vang in Singapore. Other banks that have been embroiled are local units of Citigroup Inc. and Bank Julius Baer, as well as Singapore’s largest lenders DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. After the raids, Singapore banks were said to be tightening their scrutiny process for clients, Bloomberg News reported. Some of the international banks also closed accounts of Chinese clients carrying passports from other countries; China doesn’t allow for dual citizenship. Earlier in the year, four financial institutions including DBS and an insurer were fined S$3.8 million in total in relation to the Wirecard scandal. Authorities concluded they had failed to vet their clients and adequately establish sources of wealth for high-risk ones.3. What are family offices and what role did they play?Family offices are secretive, loosely regulated, privately owned companies that manage vast amounts of money for wealthy clans. They’ve been expanding dramatically, with Singapore as a major center. Authorities found that one or more of the accused in the money laundering case may have been linked to single family offices that were awarded tax incentives, according to Minister of State Alvin Tan. He said the Monetary Authority of Singapore is reviewing its internal processes for awarding these tax breaks, and will tighten them where necessary.4. What has all this done to Singapore’s image as a clean city?Singapore has long capitalized on its reputation for clean governance and zero tolerance for crime to attract foreign investments and the well-to-do. Wealth inflows into Singapore totaled $1.5 trillion last year, according to an estimate by Boston Consulting Group. This makes the country the world’s third most popular destination, after Switzerland and Hong Kong, for the global rich to park their assets. The money-laundering case is shining a light on fund flows from abroad and whether the $2 trillion financial sector driving the city-state’s economy has done enough to block dubious transactions. It has sparked questions in Parliament about tightening money-laundering rules and immigration checks. And it also risks complicating a drive by the government to allay concerns about rising living costs, expensive home prices and perceived inequality in the city-state. The People’s Action Party, which has ruled Singapore for nearly six decades since independence, had already been buffeted this year by a spate of political scandals: A graft probe involving the transport minister, the resignation of the parliament speaker following an extra-marital affair, and the spectacle of two senior ministers being grilled in Parliament about their renting of state-owned mansions.5. How is the Singapore government trying to repair the damage?In addition to weighing more rules for family offices, the city-state is setting up an inter-ministerial committee to review the existing system to prevent money laundering and look for ways to improve it. The committee will focus on how to prevent corporate structures from being used by criminals and how financial firms can enhance their controls and work more effectively with the authorities. It will also look into professions such as realestate agents, precious-metals dealers and corporate service providers to set up guardrails against money laundering. Minister Teo told parliament that the police investigation “has strengthened our reputation as a serious, high quality financial center, and for law and order.” At the same time, Singapore is seeking to show it’s still open to legitimate business. “If we make the rules too tight, then it is the vast majority of innocent applicants who will be unnecessarily penalized,” she said. To address residents’ concerns about housing costs, the government has tried multiple curbs on the market, including the doubling of taxes on property purchases by foreign buyers in April to 60% — the highest among major markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221402170404904,"gmtCreate":1695095453309,"gmtModify":1695097298182,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Come on !! Did you ask why they unable to buy ? Are they trying to buy too big a unit ?","listText":"Come on !! Did you ask why they unable to buy ? Are they trying to buy too big a unit ?","text":"Come on !! Did you ask why they unable to buy ? Are they trying to buy too big a unit ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221402170404904","repostId":"2368929796","repostType":2,"repost":{"id":"2368929796","kind":"highlight","pubTimestamp":1695094683,"share":"https://ttm.financial/m/news/2368929796?lang=&edition=fundamental","pubTime":"2023-09-19 11:38","market":"sg","language":"en","title":"5 in 10 Singaporeans Struggle to Buy Their First Home","url":"https://stock-news.laohu8.com/highlight/detail?id=2368929796","media":"Sbr.com","summary":"\nSingles are having the most difficulty.\n","content":"<html><head></head><body><div>\n<p><strong>Singles are having the most difficulty.</strong></p>\n<p>Many Singaporeans plan to buy their first home (64%) but are struggling to do so (51%), PropertyGuru revealed.</p>\n<p>The challenge of purchasing a home is most evident amongst singles (55%) and married couples with kids (49%).</p>\n<p>In terms of property type, Singaporean’s top choices were new build-to-order (BTO) flats (31%), resale HDB flats (25%), and newly launched non-landed private properties (15%).\n \nWhat makes home buying difficult for most Singaporeans include continued inflation and rising mortgage rates.</p>\n<p>Until inflation eases, more than half (53%) of Singaporeans say they will delay plans to purchase a property.  Meanwhile, more than half (59%) said they would delay their property purchase should there be further increases in mortgage interest rates.</p>\n</div></body></html>","source":"sgbusiess_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 in 10 Singaporeans Struggle to Buy Their First Home</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\">\n5 in 10 Singaporeans Struggle to Buy Their First Home\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-19 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/residential-property/news/5-in-10-singaporeans-struggle-buy-their-first-home><strong>Sbr.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singles are having the most difficulty.\nMany Singaporeans plan to buy their first home (64%) but are struggling to do so (51%), PropertyGuru revealed.\nThe challenge of purchasing a home is most ...</p>\n\n<a href=\"https://sbr.com.sg/residential-property/news/5-in-10-singaporeans-struggle-buy-their-first-home\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://sbr.com.sg/residential-property/news/5-in-10-singaporeans-struggle-buy-their-first-home","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2368929796","content_text":"Singles are having the most difficulty.\nMany Singaporeans plan to buy their first home (64%) but are struggling to do so (51%), PropertyGuru revealed.\nThe challenge of purchasing a home is most evident amongst singles (55%) and married couples with kids (49%).\nIn terms of property type, Singaporean’s top choices were new build-to-order (BTO) flats (31%), resale HDB flats (25%), and newly launched non-landed private properties (15%).\n \nWhat makes home buying difficult for most Singaporeans include continued inflation and rising mortgage rates.\nUntil inflation eases, more than half (53%) of Singaporeans say they will delay plans to purchase a property.  Meanwhile, more than half (59%) said they would delay their property purchase should there be further increases in mortgage interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042672229,"gmtCreate":1656473808261,"gmtModify":1676535836854,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"How can we actually believe things written by&nbsp; SHORT SELLERS ? WAT is their mode of ops u think&nbsp;","listText":"How can we actually believe things written by&nbsp; SHORT SELLERS ? WAT is their mode of ops u think&nbsp;","text":"How can we actually believe things written by SHORT SELLERS ? WAT is their mode of ops u think","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042672229","repostId":"2246082023","repostType":4,"repost":{"id":"2246082023","kind":"highlight","pubTimestamp":1656460785,"share":"https://ttm.financial/m/news/2246082023?lang=&edition=fundamental","pubTime":"2022-06-29 07:59","market":"us","language":"en","title":"Nio Plays \"Accounting Games to Inflate Revenue\" Says Grizzly Research","url":"https://stock-news.laohu8.com/highlight/detail?id=2246082023","media":"StreetInsider","summary":"Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker ","content":"<html><head></head><body><p>Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker Nio (NYSE: NIO) Tuesday.</p><p>In the report, Grizzly states they believe Nio &#34;plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets.&#34;</p><p>Despite their significant fall from all-time highs during the Covid pandemic, Nio shares are still up considerably from pre-pandemic levels, making it one of China&#39;s most valuable electric vehicle companies.</p><p>&#34;Allow us to introduce you to Wuhan Weineng (&#34;Weineng&#34;), the convenient difference-maker helping NIO exceed lofty growth and profitability estimates on The Street. Despite being formed by NIO and a consortium of investors in late 2020, this unconsolidated related party has already generated billions in revenue for NIO,&#34; Grizzly said. &#34;While this rapid growth is impressive on the surface, our investigation has found Weineng might be to NIO what Philidor was to Valeant. Just as Philidor aided Valeant in habitually making numbers, NIO has curiously exceeded estimates since establishing Weineng.&#34;</p><p>Grizzly believes sales to Weineng have inflated Nio&#39;s revenue and net income by 10% and 95%, respectively.</p><p>&#34;Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng.&#34;</p><p>In further claims, the report states NIO gave Weineng up to an extra 21,053 batteries to boost its numbers, Weineng&#39;s top two executives double as NIO&#39;s Vice President and Battery Operating Executive Manager, and NIO&#39;s Chairman and CEO, Bin Li, is closely tied to parties central to the Luckin Coffee Fraud.</p><p>&#34;Chinese government entities have redeemed US$2B from NIO and may collect another US$6.7B. With NIO&#39;s cash balance of just US$8.2B. We believe shareholders risk being materially diluted in future periods,&#34; wrote Grizzly.</p></body></html>","source":"highlight_streetinsider","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 Plays \"Accounting Games to Inflate Revenue\" Says Grizzly Research</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Plays \"Accounting Games to Inflate Revenue\" Says Grizzly Research\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20265958><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker Nio (NYSE: NIO) Tuesday.In the report, Grizzly states they believe Nio \"plays valeant-esque ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20265958\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20265958","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2246082023","content_text":"Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker Nio (NYSE: NIO) Tuesday.In the report, Grizzly states they believe Nio \"plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets.\"Despite their significant fall from all-time highs during the Covid pandemic, Nio shares are still up considerably from pre-pandemic levels, making it one of China's most valuable electric vehicle companies.\"Allow us to introduce you to Wuhan Weineng (\"Weineng\"), the convenient difference-maker helping NIO exceed lofty growth and profitability estimates on The Street. Despite being formed by NIO and a consortium of investors in late 2020, this unconsolidated related party has already generated billions in revenue for NIO,\" Grizzly said. \"While this rapid growth is impressive on the surface, our investigation has found Weineng might be to NIO what Philidor was to Valeant. Just as Philidor aided Valeant in habitually making numbers, NIO has curiously exceeded estimates since establishing Weineng.\"Grizzly believes sales to Weineng have inflated Nio's revenue and net income by 10% and 95%, respectively.\"Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng.\"In further claims, the report states NIO gave Weineng up to an extra 21,053 batteries to boost its numbers, Weineng's top two executives double as NIO's Vice President and Battery Operating Executive Manager, and NIO's Chairman and CEO, Bin Li, is closely tied to parties central to the Luckin Coffee Fraud.\"Chinese government entities have redeemed US$2B from NIO and may collect another US$6.7B. With NIO's cash balance of just US$8.2B. We believe shareholders risk being materially diluted in future periods,\" wrote Grizzly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":228895784829016,"gmtCreate":1696909369783,"gmtModify":1696909411426,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"I disagree with your article.&nbsp; The reporting of these \"scandals\" have proveN that the PAP aka SG GOVERNMENT has zero tolerance for such matters. Other countries would moat probably has hushed it up.","listText":"I disagree with your article.&nbsp; The reporting of these \"scandals\" have proveN that the PAP aka SG GOVERNMENT has zero tolerance for such matters. Other countries would moat probably has hushed it up.","text":"I disagree with your article. The reporting of these \"scandals\" have proveN that the PAP aka SG GOVERNMENT has zero tolerance for such matters. Other countries would moat probably has hushed it up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/228895784829016","repostId":"1172234839","repostType":2,"repost":{"id":"1172234839","kind":"news","pubTimestamp":1696905354,"share":"https://ttm.financial/m/news/1172234839?lang=&edition=fundamental","pubTime":"2023-10-10 10:35","market":"sg","language":"en","title":"How $2 Billion Money Laundering Scandal Threatens Singapore’s Image","url":"https://stock-news.laohu8.com/highlight/detail?id=1172234839","media":"Bloomberg","summary":"Singapore’s normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself describes as potentially one of the world’s largest money-laundering cases. More than S$2.8 billion  worth of assets from cash to crypto have been seized, while lawmakers debate how much more dirty money has been sloshing around. On top of that, a series of political scandals has dented the city-state’s","content":"<html><head></head><body><p>Singapore’s normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself describes as potentially one of the world’s largest money-laundering cases. More than S$2.8 billion ($2 billion) worth of assets from cash to crypto have been seized, while lawmakers debate how much more dirty money has been sloshing around. On top of that, a series of political scandals has dented the city-state’s reputation for propriety, creating new headaches for the long-ruling People’s Action Party just as it’s trying to placate voters anxious about perceived rising inequality and the cost of living.</p><h3 id=\"id_595304571\" style=\"text-align: start;\">1. What is Singapore’s money-laundering case about?</h3><p style=\"text-align: start;\">On Aug. 15, more than 400 police officers conducted raids at dawn across the island and rounded up 10 suspects, all originally from China but carrying multiple passports. They were charged with forging documents and laundering profits from scams and illegal online gambling in Singapore. As of Oct. 5, none had been granted bail after prosecutors cited flight risks. At least one — Vang Shuiming, who had passports from Cambodia, Turkey, China and Vanuatu — has requested a trial. The police banned more than 150 properties connected to them from being sold. Additionally, 62 vehicles, some S$38 million in cryptocurrencies, 68 gold bars and thousands of bottles of liquor were confiscated. Few institutions were unscathed. Some of the accused were also members of prestigious golf clubs, while local media reported that a number were also donors to<strong> </strong>Singapore charities. While there have been other scandals involving banks in Singapore over the years, including Malaysia’s 1MDB saga in 2016 and the meltdown of German payments company Wirecard AG in 2022, this case is different in that the people allegedly involved chose to reside and set up new businesses in Singapore.</p><h3 id=\"id_4287561063\" style=\"text-align: start;\">2. Does the money laundering case have any connections to China?</h3><p style=\"text-align: start;\">Some of the 10 arrested are wanted in China for crimes including scams and offshore online gambling operations that cater illegally to people in mainland China, according to prosecutors. Since gambling is illegal in mainland China, online businesses have proliferated in some neighboring jurisdictions that do allow it, including Macau, Singapore, Cambodia and the Philippines, to reach that audience. The raids in Singapore came shortly after a two-day visit by Chinese Foreign Minister Wang Yi. But Home Affairs Minister K. Shanmugam called it “absurd” to suggest there was any pressure from Beijing to arrest the people. Investigations of the money-laundering ring date back to 2021 after banks and companies filed suspicious transaction reports, according to another minister Josephine Teo. She said that probes of such scale and complexity take years and discretion, and “once we confirmed our suspicions, we acted.<strong>”</strong> At least 240 individuals were convicted of money laundering offenses from 2020 to 2022 with the police seizing more than S$1.2 billion worth of assets, she told Parliament.</p><h3 id=\"id_4036744279\" style=\"text-align: start;\">3. Which banks are involved in the Singapore money laundering case?</h3><p style=\"text-align: start;\">The suspects have banking relationships with more than 10 financial institutions in Singapore, which hold either their personal or business accounts. About S$1.4 billion of the seized assets as of early October were in bank accounts. Credit Suisse Group AG held S$92 million for Vang in Singapore. Other banks that have been embroiled are local units of Citigroup Inc. and Bank Julius Baer, as well as Singapore’s largest lenders DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. After the raids, Singapore banks were said to be tightening their scrutiny process for clients, Bloomberg News reported. Some of the international banks also closed accounts of Chinese clients carrying passports from other countries; China doesn’t allow for dual citizenship. Earlier in the year, four financial institutions including DBS and an insurer were fined S$3.8 million in total in relation to the Wirecard scandal. Authorities concluded they had failed to vet their clients and adequately establish sources of wealth for high-risk ones.</p><h3 id=\"id_3556716985\" style=\"text-align: start;\">3. What are family offices and what role did they play?</h3><p style=\"text-align: start;\">Family offices are secretive, loosely regulated, privately owned companies that manage vast amounts of money for wealthy clans. They’ve been expanding dramatically, with Singapore as a major center. Authorities found that one or more of the accused in the money laundering case may have been linked to single family offices that were awarded tax incentives, according to Minister of State Alvin Tan. He said the Monetary Authority of Singapore is reviewing its internal processes for awarding these tax breaks, and will tighten them where necessary.</p><h3 id=\"id_3787273092\" style=\"text-align: start;\">4. What has all this done to Singapore’s image as a clean city?</h3><p style=\"text-align: start;\">Singapore has long capitalized on its reputation for clean governance and zero tolerance for crime to attract foreign investments and the well-to-do. Wealth inflows into Singapore totaled $1.5 trillion last year, according to an estimate by Boston Consulting Group. This makes the country the world’s third most popular destination, after Switzerland and Hong Kong, for the global rich to park their assets. The money-laundering case is shining a light on fund flows from abroad and whether the $2 trillion financial sector driving the city-state’s economy has done enough to block dubious transactions. It has sparked questions in Parliament about tightening money-laundering rules and immigration checks. And it also risks complicating a drive by the government to allay concerns about rising living costs, expensive home prices and perceived inequality in the city-state. The People’s Action Party, which has ruled Singapore for nearly six decades since independence, had already been buffeted this year by a spate of political scandals: A graft probe involving the transport minister, the resignation of the parliament speaker following an extra-marital affair, and the spectacle of two senior ministers being grilled in Parliament about their renting of state-owned mansions.</p><h3 id=\"id_1457941704\" style=\"text-align: start;\">5. How is the Singapore government trying to repair the damage?</h3><p style=\"text-align: start;\">In addition to weighing more rules for family offices, the city-state is setting up an inter-ministerial committee to review the existing system to prevent money laundering and look for ways to improve it. The committee will focus on how to prevent corporate structures from being used by criminals and how financial firms can enhance their controls and work more effectively with the authorities. It will also look into professions such as realestate agents, precious-metals dealers and corporate service providers to set up guardrails against money laundering. Minister Teo told parliament that the police investigation “has strengthened our reputation as a serious, high quality financial center, and for law and order.” At the same time, Singapore is seeking to show it’s still open to legitimate business. “If we make the rules too tight, then it is the vast majority of innocent applicants who will be unnecessarily penalized,” she said.<strong> </strong>To address residents’ concerns about housing costs, the government has tried multiple curbs on the market, including the doubling of taxes on property purchases by foreign buyers in April to 60% — the highest among major markets.</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>How $2 Billion Money Laundering Scandal Threatens Singapore’s Image</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\">\nHow $2 Billion Money Laundering Scandal Threatens Singapore’s Image\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-10 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-10-09/singapore-money-laundering-case-latest-on-banks-politics-what-s-at-stake><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-10-09/singapore-money-laundering-case-latest-on-banks-politics-what-s-at-stake\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-10-09/singapore-money-laundering-case-latest-on-banks-politics-what-s-at-stake","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172234839","content_text":"Singapore’s normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself describes as potentially one of the world’s largest money-laundering cases. More than S$2.8 billion ($2 billion) worth of assets from cash to crypto have been seized, while lawmakers debate how much more dirty money has been sloshing around. On top of that, a series of political scandals has dented the city-state’s reputation for propriety, creating new headaches for the long-ruling People’s Action Party just as it’s trying to placate voters anxious about perceived rising inequality and the cost of living.1. What is Singapore’s money-laundering case about?On Aug. 15, more than 400 police officers conducted raids at dawn across the island and rounded up 10 suspects, all originally from China but carrying multiple passports. They were charged with forging documents and laundering profits from scams and illegal online gambling in Singapore. As of Oct. 5, none had been granted bail after prosecutors cited flight risks. At least one — Vang Shuiming, who had passports from Cambodia, Turkey, China and Vanuatu — has requested a trial. The police banned more than 150 properties connected to them from being sold. Additionally, 62 vehicles, some S$38 million in cryptocurrencies, 68 gold bars and thousands of bottles of liquor were confiscated. Few institutions were unscathed. Some of the accused were also members of prestigious golf clubs, while local media reported that a number were also donors to Singapore charities. While there have been other scandals involving banks in Singapore over the years, including Malaysia’s 1MDB saga in 2016 and the meltdown of German payments company Wirecard AG in 2022, this case is different in that the people allegedly involved chose to reside and set up new businesses in Singapore.2. Does the money laundering case have any connections to China?Some of the 10 arrested are wanted in China for crimes including scams and offshore online gambling operations that cater illegally to people in mainland China, according to prosecutors. Since gambling is illegal in mainland China, online businesses have proliferated in some neighboring jurisdictions that do allow it, including Macau, Singapore, Cambodia and the Philippines, to reach that audience. The raids in Singapore came shortly after a two-day visit by Chinese Foreign Minister Wang Yi. But Home Affairs Minister K. Shanmugam called it “absurd” to suggest there was any pressure from Beijing to arrest the people. Investigations of the money-laundering ring date back to 2021 after banks and companies filed suspicious transaction reports, according to another minister Josephine Teo. She said that probes of such scale and complexity take years and discretion, and “once we confirmed our suspicions, we acted.” At least 240 individuals were convicted of money laundering offenses from 2020 to 2022 with the police seizing more than S$1.2 billion worth of assets, she told Parliament.3. Which banks are involved in the Singapore money laundering case?The suspects have banking relationships with more than 10 financial institutions in Singapore, which hold either their personal or business accounts. About S$1.4 billion of the seized assets as of early October were in bank accounts. Credit Suisse Group AG held S$92 million for Vang in Singapore. Other banks that have been embroiled are local units of Citigroup Inc. and Bank Julius Baer, as well as Singapore’s largest lenders DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. After the raids, Singapore banks were said to be tightening their scrutiny process for clients, Bloomberg News reported. Some of the international banks also closed accounts of Chinese clients carrying passports from other countries; China doesn’t allow for dual citizenship. Earlier in the year, four financial institutions including DBS and an insurer were fined S$3.8 million in total in relation to the Wirecard scandal. Authorities concluded they had failed to vet their clients and adequately establish sources of wealth for high-risk ones.3. What are family offices and what role did they play?Family offices are secretive, loosely regulated, privately owned companies that manage vast amounts of money for wealthy clans. They’ve been expanding dramatically, with Singapore as a major center. Authorities found that one or more of the accused in the money laundering case may have been linked to single family offices that were awarded tax incentives, according to Minister of State Alvin Tan. He said the Monetary Authority of Singapore is reviewing its internal processes for awarding these tax breaks, and will tighten them where necessary.4. What has all this done to Singapore’s image as a clean city?Singapore has long capitalized on its reputation for clean governance and zero tolerance for crime to attract foreign investments and the well-to-do. Wealth inflows into Singapore totaled $1.5 trillion last year, according to an estimate by Boston Consulting Group. This makes the country the world’s third most popular destination, after Switzerland and Hong Kong, for the global rich to park their assets. The money-laundering case is shining a light on fund flows from abroad and whether the $2 trillion financial sector driving the city-state’s economy has done enough to block dubious transactions. It has sparked questions in Parliament about tightening money-laundering rules and immigration checks. And it also risks complicating a drive by the government to allay concerns about rising living costs, expensive home prices and perceived inequality in the city-state. The People’s Action Party, which has ruled Singapore for nearly six decades since independence, had already been buffeted this year by a spate of political scandals: A graft probe involving the transport minister, the resignation of the parliament speaker following an extra-marital affair, and the spectacle of two senior ministers being grilled in Parliament about their renting of state-owned mansions.5. How is the Singapore government trying to repair the damage?In addition to weighing more rules for family offices, the city-state is setting up an inter-ministerial committee to review the existing system to prevent money laundering and look for ways to improve it. The committee will focus on how to prevent corporate structures from being used by criminals and how financial firms can enhance their controls and work more effectively with the authorities. It will also look into professions such as realestate agents, precious-metals dealers and corporate service providers to set up guardrails against money laundering. Minister Teo told parliament that the police investigation “has strengthened our reputation as a serious, high quality financial center, and for law and order.” At the same time, Singapore is seeking to show it’s still open to legitimate business. “If we make the rules too tight, then it is the vast majority of innocent applicants who will be unnecessarily penalized,” she said. To address residents’ concerns about housing costs, the government has tried multiple curbs on the market, including the doubling of taxes on property purchases by foreign buyers in April to 60% — the highest among major markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":280641269846024,"gmtCreate":1709545472125,"gmtModify":1709545475896,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"They don have that longevity to be listed on S&amp;P&nbsp; yet","listText":"They don have that longevity to be listed on S&amp;P&nbsp; yet","text":"They don have that longevity to be listed on S&P yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/280641269846024","repostId":"1189464286","repostType":2,"repost":{"id":"1189464286","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":1709565814,"share":"https://ttm.financial/m/news/1189464286?lang=&edition=fundamental","pubTime":"2024-03-04 23:23","market":"us","language":"en","title":"Palantir Shares Slide over 4% After the Latest S&P 500 Snub","url":"https://stock-news.laohu8.com/highlight/detail?id=1189464286","media":"Tiger Newspress","summary":"Palantir shares slid over 4% after the latest S&P 500 snub.CEO Alex Karp been boasting since last summer that Palantir's strong results make it eligible for inclusion in the S&P 500. However, S&P just released its latest update for the index, and Palantir has been snubbed but included Super Micro Computer and footwear designer and distributor Deckers Outdoor Corp. The changes will take effect on March 18.Inclusion in the S&P 500 typically benefits stocks as index funds holding portfolios that mi","content":"<html><head></head><body><p>Palantir shares slid over 4% after the latest S&amp;P 500 snub.</p><p>CEO Alex Karp been boasting since last summer that Palantir&#39;s strong results make it eligible for inclusion in the S&amp;P 500. However, S&amp;P just released its latest update for the index, and Palantir has been snubbed but included Super Micro Computer and footwear designer and distributor Deckers Outdoor Corp. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee5bf8eabada96a07848b11d84c1defb\" tg-width=\"798\" tg-height=\"618\"/></p><p>The changes will take effect on March 18.</p><p>Inclusion in the S&amp;P 500 typically benefits stocks as index funds holding portfolios that mirror the index are obligated to buy them to maintain the weightings of the constituent stocks. Additionally, the increased trading volume and liquidity due to purchases by index funds and ETFs further bolster the stock’s value.</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>Palantir Shares Slide over 4% After the Latest S&P 500 Snub</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\">\nPalantir Shares Slide over 4% After the Latest S&P 500 Snub\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\">2024-03-04 23:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Palantir shares slid over 4% after the latest S&amp;P 500 snub.</p><p>CEO Alex Karp been boasting since last summer that Palantir&#39;s strong results make it eligible for inclusion in the S&amp;P 500. However, S&amp;P just released its latest update for the index, and Palantir has been snubbed but included Super Micro Computer and footwear designer and distributor Deckers Outdoor Corp. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee5bf8eabada96a07848b11d84c1defb\" tg-width=\"798\" tg-height=\"618\"/></p><p>The changes will take effect on March 18.</p><p>Inclusion in the S&amp;P 500 typically benefits stocks as index funds holding portfolios that mirror the index are obligated to buy them to maintain the weightings of the constituent stocks. Additionally, the increased trading volume and liquidity due to purchases by index funds and ETFs further bolster the stock’s value.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189464286","content_text":"Palantir shares slid over 4% after the latest S&P 500 snub.CEO Alex Karp been boasting since last summer that Palantir's strong results make it eligible for inclusion in the S&P 500. However, S&P just released its latest update for the index, and Palantir has been snubbed but included Super Micro Computer and footwear designer and distributor Deckers Outdoor Corp. The changes will take effect on March 18.Inclusion in the S&P 500 typically benefits stocks as index funds holding portfolios that mirror the index are obligated to buy them to maintain the weightings of the constituent stocks. Additionally, the increased trading volume and liquidity due to purchases by index funds and ETFs further bolster the stock’s value.","news_type":1},"isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313117654831144,"gmtCreate":1717466979039,"gmtModify":1717466982759,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Why should investors be made to pay price for the exchange error ?","listText":"Why should investors be made to pay price for the exchange error ?","text":"Why should investors be made to pay price for the exchange error ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313117654831144","repostId":"2440117417","repostType":2,"repost":{"id":"2440117417","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1717457496,"share":"https://ttm.financial/m/news/2440117417?lang=&edition=fundamental","pubTime":"2024-06-04 07:31","market":"fut","language":"en","title":"NYSE to Unwind Trades in Berkshire Hathaway After Glitch Causes Crash of Over 99%","url":"https://stock-news.laohu8.com/highlight/detail?id=2440117417","media":"Dow Jones","summary":"Investors who thought they got the deal of a lifetime on Berkshire Hathaway Class A shares are in for a disappointment.The New York Stock Exchange and other market operators have decided to unwind tra","content":"<html><head></head><body><p>Investors who thought they got the deal of a lifetime on Berkshire Hathaway Class A shares are in for a disappointment.</p><p>The New York Stock Exchange and other market operators have decided to unwind trades in Berkshire Class A shares that took place at absurdly cheap prices on Monday morning due to a glitch with a key market data feed.</p><p>Trading in Berkshire Class A shares was halted at about 9:50 a.m. ET with the price at $185.10, a precipitous drop of more than 99% from Fridays closing price of $627,400 per share.</p><p>Other stocks that displayed drops of around 99% after Mondays opening bell included Barrick Gold, Bank of Montreal and nuclear-reactor developer <a href=\"https://laohu8.com/S/SMR\">NuScale Power</a>. Trading in the affected stocks resumed later in the morning, and prices reverted to more normal levels.</p><p>NYSE said in a notice to traders that trades in Berkshire Class A shares that took place around 9:50 a.m. ET at prices below $603,718.30 would be unwound. Anomalous trades in the other impacted stocks are still under review.</p><p>Earlier, a NYSE spokesperson said that up to 40 of its listed stocks and exchange-traded funds were halted Monday morning because of a technical issue at the main data feed that broadcasts prices for NYSE-listed securities. The data feed, called a securities information processor, or SIP, is operated by an arm of the NYSE. Many brokerages and financial-data providers use data from the SIP to show current stock prices.</p><p>&#34;Shortly before noon, the issue was resolved and trading in the impacted stocks resumed,&#34; the spokesperson said.</p><p>The Consolidated Tape Association, the industry consortium that oversees the SIP, said in a notice posted online that the glitch may have been related to a new software release. After the problems emerged this morning, the SIPs operators restarted the data feed from a backup facility that used the old version of the software, fixing the issue, the association said.</p><p>The snafu that sent Berkshire Hathaway and other stocks into a tailspin was related to limit up/limit down halts, according to the CTA and NYSE notices. Ironically, thats the investor-protection mechanism that halts stocks during bursts of extreme volatility. People familiar with the matter said an upgrade to the SIP over the weekend was intended to tweak the handling of such volatility halts.</p><p>Mondays glitch comes after a technical issue with index provider S&amp;P Dow Jones Indices last week caused a roughly hour-long pause in updates to the S&amp;P 500 and Dow Jones Industrial Average.</p><p>Berkshire Hathaway has two share classes, and its Class A shares are famous for having an unusually high price per share, due to Buffetts refusal to split them. Trading in the lower-priced B shares was unaffected by the data glitch.</p><p>If traders were able to get Berkshire&#39;s A shares for less than half the price of its B shares, that would be quite the opportunity. One Class B share carries just 1/1,500 of the ownership stake of a Class A share. That&#39;s why when A shares closed Friday at $627,400, B shares ended at $414.40.</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>NYSE to Unwind Trades in Berkshire Hathaway After Glitch Causes Crash of Over 99%</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\">\nNYSE to Unwind Trades in Berkshire Hathaway After Glitch Causes Crash of Over 99%\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\">2024-06-04 07:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Investors who thought they got the deal of a lifetime on Berkshire Hathaway Class A shares are in for a disappointment.</p><p>The New York Stock Exchange and other market operators have decided to unwind trades in Berkshire Class A shares that took place at absurdly cheap prices on Monday morning due to a glitch with a key market data feed.</p><p>Trading in Berkshire Class A shares was halted at about 9:50 a.m. ET with the price at $185.10, a precipitous drop of more than 99% from Fridays closing price of $627,400 per share.</p><p>Other stocks that displayed drops of around 99% after Mondays opening bell included Barrick Gold, Bank of Montreal and nuclear-reactor developer <a href=\"https://laohu8.com/S/SMR\">NuScale Power</a>. Trading in the affected stocks resumed later in the morning, and prices reverted to more normal levels.</p><p>NYSE said in a notice to traders that trades in Berkshire Class A shares that took place around 9:50 a.m. ET at prices below $603,718.30 would be unwound. Anomalous trades in the other impacted stocks are still under review.</p><p>Earlier, a NYSE spokesperson said that up to 40 of its listed stocks and exchange-traded funds were halted Monday morning because of a technical issue at the main data feed that broadcasts prices for NYSE-listed securities. The data feed, called a securities information processor, or SIP, is operated by an arm of the NYSE. Many brokerages and financial-data providers use data from the SIP to show current stock prices.</p><p>&#34;Shortly before noon, the issue was resolved and trading in the impacted stocks resumed,&#34; the spokesperson said.</p><p>The Consolidated Tape Association, the industry consortium that oversees the SIP, said in a notice posted online that the glitch may have been related to a new software release. After the problems emerged this morning, the SIPs operators restarted the data feed from a backup facility that used the old version of the software, fixing the issue, the association said.</p><p>The snafu that sent Berkshire Hathaway and other stocks into a tailspin was related to limit up/limit down halts, according to the CTA and NYSE notices. Ironically, thats the investor-protection mechanism that halts stocks during bursts of extreme volatility. People familiar with the matter said an upgrade to the SIP over the weekend was intended to tweak the handling of such volatility halts.</p><p>Mondays glitch comes after a technical issue with index provider S&amp;P Dow Jones Indices last week caused a roughly hour-long pause in updates to the S&amp;P 500 and Dow Jones Industrial Average.</p><p>Berkshire Hathaway has two share classes, and its Class A shares are famous for having an unusually high price per share, due to Buffetts refusal to split them. Trading in the lower-priced B shares was unaffected by the data glitch.</p><p>If traders were able to get Berkshire&#39;s A shares for less than half the price of its B shares, that would be quite the opportunity. One Class B share carries just 1/1,500 of the ownership stake of a Class A share. That&#39;s why when A shares closed Friday at $627,400, B shares ended at $414.40.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","BK4585":"ETF&股票定投概念","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4534":"瑞士信贷持仓","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4588":"碎股","BK4550":"红杉资本持仓","LU0251142724.SGD":"Fidelity America A-SGD","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BRK.A":"伯克希尔","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BRK.B":"伯克希尔B","BK4581":"高盛持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0971096721.USD":"富达环球金融服务 A","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4176":"多领域控股","NYSE":"纽交所","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2440117417","content_text":"Investors who thought they got the deal of a lifetime on Berkshire Hathaway Class A shares are in for a disappointment.The New York Stock Exchange and other market operators have decided to unwind trades in Berkshire Class A shares that took place at absurdly cheap prices on Monday morning due to a glitch with a key market data feed.Trading in Berkshire Class A shares was halted at about 9:50 a.m. ET with the price at $185.10, a precipitous drop of more than 99% from Fridays closing price of $627,400 per share.Other stocks that displayed drops of around 99% after Mondays opening bell included Barrick Gold, Bank of Montreal and nuclear-reactor developer NuScale Power. Trading in the affected stocks resumed later in the morning, and prices reverted to more normal levels.NYSE said in a notice to traders that trades in Berkshire Class A shares that took place around 9:50 a.m. ET at prices below $603,718.30 would be unwound. Anomalous trades in the other impacted stocks are still under review.Earlier, a NYSE spokesperson said that up to 40 of its listed stocks and exchange-traded funds were halted Monday morning because of a technical issue at the main data feed that broadcasts prices for NYSE-listed securities. The data feed, called a securities information processor, or SIP, is operated by an arm of the NYSE. Many brokerages and financial-data providers use data from the SIP to show current stock prices.\"Shortly before noon, the issue was resolved and trading in the impacted stocks resumed,\" the spokesperson said.The Consolidated Tape Association, the industry consortium that oversees the SIP, said in a notice posted online that the glitch may have been related to a new software release. After the problems emerged this morning, the SIPs operators restarted the data feed from a backup facility that used the old version of the software, fixing the issue, the association said.The snafu that sent Berkshire Hathaway and other stocks into a tailspin was related to limit up/limit down halts, according to the CTA and NYSE notices. Ironically, thats the investor-protection mechanism that halts stocks during bursts of extreme volatility. People familiar with the matter said an upgrade to the SIP over the weekend was intended to tweak the handling of such volatility halts.Mondays glitch comes after a technical issue with index provider S&P Dow Jones Indices last week caused a roughly hour-long pause in updates to the S&P 500 and Dow Jones Industrial Average.Berkshire Hathaway has two share classes, and its Class A shares are famous for having an unusually high price per share, due to Buffetts refusal to split them. Trading in the lower-priced B shares was unaffected by the data glitch.If traders were able to get Berkshire's A shares for less than half the price of its B shares, that would be quite the opportunity. One Class B share carries just 1/1,500 of the ownership stake of a Class A share. That's why when A shares closed Friday at $627,400, B shares ended at $414.40.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":286371327959216,"gmtCreate":1710949582468,"gmtModify":1710949586634,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"How about&nbsp; palantir stock ?&nbsp; &nbsp;Think nvidia might correct or profit take but not crash in near future","listText":"How about&nbsp; palantir stock ?&nbsp; &nbsp;Think nvidia might correct or profit take but not crash in near future","text":"How about palantir stock ? Think nvidia might correct or profit take but not crash in near future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286371327959216","repostId":"2420431357","repostType":2,"repost":{"id":"2420431357","kind":"highlight","pubTimestamp":1710946007,"share":"https://ttm.financial/m/news/2420431357?lang=&edition=fundamental","pubTime":"2024-03-20 22:46","market":"us","language":"en","title":"History Says You'll Regret Buying Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2420431357","media":"Motley Fool","summary":"Shortages never last forever.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia stock is flying high as its AI-centric GPUs sell out.</p></li><li><p>The stock&#39;s valuation has exceeded dot-com bubble levels.</p></li><li><p>Competition will eventually ensure that Nvidia&#39;s pricing power doesn&#39;t go unchecked indefinitely.</p></li></ul><p>There&#39;s a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia&#39;s data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.</p><p>There&#39;s little question that AI is a revolutionary technology. There&#39;s also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.</p><h2 id=\"id_315970597\">Nvidia&#39;s GPUs are driving the AI revolution</h2><p>Nvidia and its GPUs are at the center of it all. Not only are the company&#39;s GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the <em>de facto</em> standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia&#39;s GPUs are the path of least resistance.</p><p>It&#39;s not surprising then that demand for Nvidia&#39;s AI accelerators has exploded. The company&#39;s data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.</p><p>Nvidia stock has more than tripled over the past year, pushing up the company&#39;s market capitalization beyond $2 trillion.</p><h2 id=\"id_3889932868\">Shortages don&#39;t last forever</h2><p>&#34;I&#39;ve seen gluts not followed by shortages, but I&#39;ve never seen a shortage not followed by a glut,&#34; says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia&#39;s CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia&#39;s incredible profits and pricing power won&#39;t survive once supply catches up with demand.</p><p>Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI&#39;s Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.</p><p>Here&#39;s how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what&#39;s happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.</p><p>Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there&#39;s more than enough supply of AI chips.</p><p>At this point, Nvidia&#39;s pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there&#39;s a strong incentive to be able to support AI accelerators from a wide variety of suppliers.</p><h2 id=\"id_125138241\">Look to the dot-com bubble</h2><p>This isn&#39;t the first time Nvidia&#39;s stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company&#39;s valuation to extreme levels as well. The aftermath was a disaster for shareholders.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78816a664191205ca2b95f13cb95533c\" tg-width=\"720\" tg-height=\"441\"/></p><p>NVDA PS Ratio data by YCharts</p><p>Relative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. &#34;This time is different,&#34; you might say. Demand for AI is real, and the company&#39;s revenue is soaring. But you&#39;ve just uttered the four most dangerous words in investing.</p><p>This time <em>might</em> be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia&#39;s pricing power and profits. By investing in Nvidia, you&#39;ll likely be paying a high price to relearn the lessons of the dot-com bubble.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>History Says You'll Regret Buying Nvidia Stock</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\">\nHistory Says You'll Regret Buying Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-20 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0079474960.USD":"联博美国增长基金A","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4566":"资本集团","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","BK4538":"云计算","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0109392836.USD":"富兰克林科技股A","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4550":"红杉资本持仓","BK4141":"半导体产品","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4551":"寇图资本持仓","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4514":"搜索引擎","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0557290698.USD":"施罗德环球可持续增长基金","BK4554":"元宇宙及AR概念","BK4567":"ESG概念","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC"},"source_url":"https://www.fool.com/investing/2024/03/20/history-says-youll-regret-buying-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420431357","content_text":"Nvidia stock is flying high as its AI-centric GPUs sell out.The stock's valuation has exceeded dot-com bubble levels.Competition will eventually ensure that Nvidia's pricing power doesn't go unchecked indefinitely.There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia's data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying.There's little question that AI is a revolutionary technology. There's also little question, at least in my mind, that AI is fueling a classic bubble. Start-ups founded less than a year ago, like Mistral AI, are already worth billions. Some publicly traded companies, notably server maker Super Micro Computer, have seen their valuations skyrocket to levels that seem illogical. Caution is increasingly being thrown to the wind.Nvidia's GPUs are driving the AI revolutionNvidia and its GPUs are at the center of it all. Not only are the company's GPUs well suited for the calculations necessary for training and running AI models, but its proprietary CUDA platform has become the de facto standard for accelerated computing over the past 16 years. With companies scrambling to win the AI race, Nvidia's GPUs are the path of least resistance.It's not surprising then that demand for Nvidia's AI accelerators has exploded. The company's data center segment generated $18.4 billion of revenue in its latest quarter, a fivefold increase from the prior-year period. Profits are soaring as well. In the recently completed fiscal 2024, Nvidia earned a net income of $32.3 billion of $60.9 billion of revenue.Nvidia stock has more than tripled over the past year, pushing up the company's market capitalization beyond $2 trillion.Shortages don't last forever\"I've seen gluts not followed by shortages, but I've never seen a shortage not followed by a glut,\" says Nassim Nicholas Taleb, who is regarded as an expert on risk. The inertia behind Nvidia's CUDA has slowed down competitors, but a tsunami of competing AI accelerators is building. Nvidia's incredible profits and pricing power won't survive once supply catches up with demand.Advanced Micro Devices launched new AI-centric data center GPUs late last year. Intel will launch the third generation of its capable Gaudi line of AI accelerators this year. OpenAI's Sam Altman is reportedly seeking vast funding for new semiconductor factories to build AI chips. Cloud giants including Amazon, Alphabet, and Microsoft are designing and installing their own AI chips. The list goes on.Here's how the current shortage turns into a glut. First, insatiable demand and extravagant long-term projections drive a wave of competition. This is what's happening now. AMD has predicted that the AI chip market will reach $400 billion by 2027. For perspective, global semiconductor sales were just over $500 billion last year.Second, future demand inevitably falls short of these wild projections. AI chip demand can still soar in the coming years and miss expectations, given how optimistic industry players have become. Eventually, this leads to a situation where there's more than enough supply of AI chips.At this point, Nvidia's pricing power would have eroded considerably. CUDA would no longer be dominant as alternatives pop up and gain traction. For big cloud companies, there's a strong incentive to be able to support AI accelerators from a wide variety of suppliers.Look to the dot-com bubbleThis isn't the first time Nvidia's stock has soared thanks to a revolutionary technology. The dot-com bubble of the late 1990s and early 2000s pushed up the company's valuation to extreme levels as well. The aftermath was a disaster for shareholders.NVDA PS Ratio data by YChartsRelative to sales, Nvidia stock is far more expensive today than at any point during the dot-com bubble. \"This time is different,\" you might say. Demand for AI is real, and the company's revenue is soaring. But you've just uttered the four most dangerous words in investing.This time might be different. Or the market dynamics that play out during nearly every shortage of anything will play out once again and grind down Nvidia's pricing power and profits. By investing in Nvidia, you'll likely be paying a high price to relearn the lessons of the dot-com bubble.","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":275922822607136,"gmtCreate":1708402878942,"gmtModify":1708403610801,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Pls don complain. Not happy don take ... give to&nbsp; charity or something","listText":"Pls don complain. Not happy don take ... give to&nbsp; charity or something","text":"Pls don complain. Not happy don take ... give to charity or something","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/275922822607136","repostId":"1155990639","repostType":2,"repost":{"id":"1155990639","kind":"news","pubTimestamp":1708399656,"share":"https://ttm.financial/m/news/1155990639?lang=&edition=fundamental","pubTime":"2024-02-20 11:27","market":"sg","language":"en","title":"Singaporeans Say Budget Fails to Ease Living Costs, Survey Finds","url":"https://stock-news.laohu8.com/highlight/detail?id=1155990639","media":"Bloomberg","summary":"Majority of citizens, residents think latest aid is not enoughVouchers for groceries, food vendors credited with most impactThe spending plan announced last week is expected to swing the government bu","content":"<html><head></head><body><ul style=\"\"><li><p>Majority of citizens, residents think latest aid is not enough</p></li><li><p>Vouchers for groceries, food vendors credited with most impact</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3046160046f73f2e9d6422b880a5692e\" alt=\"The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.\" title=\"The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.\" tg-width=\"2000\" tg-height=\"1333\"/><span>The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.</span></p><p>Six in 10 Singapore citizens and residents think that the government’s latest budget measures aren’t enough to help them cope with the rising cost of living, according to a new survey.</p><p>Only 35% of respondents polled by Milieu Insight said they were reassured by the social aid unveiled in the budget for the new fiscal year starting April, while 44% reported feeling neutral.</p><p>Singapore’s ruling party is giving handouts to ease angst over rising costs while navigating a path back to <u>fiscal prudence</u>. The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.</p><p>Of the measures announced by the government on Friday, the S$600 ($445) worth of vouchers that Singaporean households can use at groceries and hawker centers was by far considered to have the most significant impact by respondents to the Milieu poll.</p><p>The survey took place from February 17-19 and covered 1,002 respondents.</p><p>The budget was more conservative than expected, as the Finance Ministry looks to minimize the risks of overheating the economy, said Kai Wei Ang, an economist at Bank of America.</p><p>The budget address underlined “elevated concerns” about inflation and cost-of-living issues that are closely watched by the Monetary Authority of Singapore, the analyst said.</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>Singaporeans Say Budget Fails to Ease Living Costs, Survey Finds</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; 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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\">\nSingaporeans Say Budget Fails to Ease Living Costs, Survey Finds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-20 11:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-02-20/singaporeans-say-budget-fails-to-ease-living-costs-survey-finds><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Majority of citizens, residents think latest aid is not enoughVouchers for groceries, food vendors credited with most impactThe spending plan announced last week is expected to swing the government ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-20/singaporeans-say-budget-fails-to-ease-living-costs-survey-finds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2024-02-20/singaporeans-say-budget-fails-to-ease-living-costs-survey-finds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155990639","content_text":"Majority of citizens, residents think latest aid is not enoughVouchers for groceries, food vendors credited with most impactThe spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.Six in 10 Singapore citizens and residents think that the government’s latest budget measures aren’t enough to help them cope with the rising cost of living, according to a new survey.Only 35% of respondents polled by Milieu Insight said they were reassured by the social aid unveiled in the budget for the new fiscal year starting April, while 44% reported feeling neutral.Singapore’s ruling party is giving handouts to ease angst over rising costs while navigating a path back to fiscal prudence. The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.Of the measures announced by the government on Friday, the S$600 ($445) worth of vouchers that Singaporean households can use at groceries and hawker centers was by far considered to have the most significant impact by respondents to the Milieu poll.The survey took place from February 17-19 and covered 1,002 respondents.The budget was more conservative than expected, as the Finance Ministry looks to minimize the risks of overheating the economy, said Kai Wei Ang, an economist at Bank of America.The budget address underlined “elevated concerns” about inflation and cost-of-living issues that are closely watched by the Monetary Authority of Singapore, the analyst said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221402170404904,"gmtCreate":1695095453309,"gmtModify":1695097298182,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Come on !! Did you ask why they unable to buy ? Are they trying to buy too big a unit ?","listText":"Come on !! Did you ask why they unable to buy ? Are they trying to buy too big a unit ?","text":"Come on !! Did you ask why they unable to buy ? Are they trying to buy too big a unit ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221402170404904","repostId":"2368929796","repostType":2,"repost":{"id":"2368929796","kind":"highlight","pubTimestamp":1695094683,"share":"https://ttm.financial/m/news/2368929796?lang=&edition=fundamental","pubTime":"2023-09-19 11:38","market":"sg","language":"en","title":"5 in 10 Singaporeans Struggle to Buy Their First Home","url":"https://stock-news.laohu8.com/highlight/detail?id=2368929796","media":"Sbr.com","summary":"\nSingles are having the most difficulty.\n","content":"<html><head></head><body><div>\n<p><strong>Singles are having the most difficulty.</strong></p>\n<p>Many Singaporeans plan to buy their first home (64%) but are struggling to do so (51%), PropertyGuru revealed.</p>\n<p>The challenge of purchasing a home is most evident amongst singles (55%) and married couples with kids (49%).</p>\n<p>In terms of property type, Singaporean’s top choices were new build-to-order (BTO) flats (31%), resale HDB flats (25%), and newly launched non-landed private properties (15%).\n \nWhat makes home buying difficult for most Singaporeans include continued inflation and rising mortgage rates.</p>\n<p>Until inflation eases, more than half (53%) of Singaporeans say they will delay plans to purchase a property.  Meanwhile, more than half (59%) said they would delay their property purchase should there be further increases in mortgage interest rates.</p>\n</div></body></html>","source":"sgbusiess_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 in 10 Singaporeans Struggle to Buy Their First Home</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\">\n5 in 10 Singaporeans Struggle to Buy Their First Home\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-19 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/residential-property/news/5-in-10-singaporeans-struggle-buy-their-first-home><strong>Sbr.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singles are having the most difficulty.\nMany Singaporeans plan to buy their first home (64%) but are struggling to do so (51%), PropertyGuru revealed.\nThe challenge of purchasing a home is most ...</p>\n\n<a href=\"https://sbr.com.sg/residential-property/news/5-in-10-singaporeans-struggle-buy-their-first-home\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://sbr.com.sg/residential-property/news/5-in-10-singaporeans-struggle-buy-their-first-home","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2368929796","content_text":"Singles are having the most difficulty.\nMany Singaporeans plan to buy their first home (64%) but are struggling to do so (51%), PropertyGuru revealed.\nThe challenge of purchasing a home is most evident amongst singles (55%) and married couples with kids (49%).\nIn terms of property type, Singaporean’s top choices were new build-to-order (BTO) flats (31%), resale HDB flats (25%), and newly launched non-landed private properties (15%).\n \nWhat makes home buying difficult for most Singaporeans include continued inflation and rising mortgage rates.\nUntil inflation eases, more than half (53%) of Singaporeans say they will delay plans to purchase a property.  Meanwhile, more than half (59%) said they would delay their property purchase should there be further increases in mortgage interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042672229,"gmtCreate":1656473808261,"gmtModify":1676535836854,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"How can we actually believe things written by&nbsp; SHORT SELLERS ? WAT is their mode of ops u think&nbsp;","listText":"How can we actually believe things written by&nbsp; SHORT SELLERS ? WAT is their mode of ops u think&nbsp;","text":"How can we actually believe things written by SHORT SELLERS ? WAT is their mode of ops u think","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042672229","repostId":"2246082023","repostType":4,"repost":{"id":"2246082023","kind":"highlight","pubTimestamp":1656460785,"share":"https://ttm.financial/m/news/2246082023?lang=&edition=fundamental","pubTime":"2022-06-29 07:59","market":"us","language":"en","title":"Nio Plays \"Accounting Games to Inflate Revenue\" Says Grizzly Research","url":"https://stock-news.laohu8.com/highlight/detail?id=2246082023","media":"StreetInsider","summary":"Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker ","content":"<html><head></head><body><p>Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker Nio (NYSE: NIO) Tuesday.</p><p>In the report, Grizzly states they believe Nio &#34;plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets.&#34;</p><p>Despite their significant fall from all-time highs during the Covid pandemic, Nio shares are still up considerably from pre-pandemic levels, making it one of China&#39;s most valuable electric vehicle companies.</p><p>&#34;Allow us to introduce you to Wuhan Weineng (&#34;Weineng&#34;), the convenient difference-maker helping NIO exceed lofty growth and profitability estimates on The Street. Despite being formed by NIO and a consortium of investors in late 2020, this unconsolidated related party has already generated billions in revenue for NIO,&#34; Grizzly said. &#34;While this rapid growth is impressive on the surface, our investigation has found Weineng might be to NIO what Philidor was to Valeant. Just as Philidor aided Valeant in habitually making numbers, NIO has curiously exceeded estimates since establishing Weineng.&#34;</p><p>Grizzly believes sales to Weineng have inflated Nio&#39;s revenue and net income by 10% and 95%, respectively.</p><p>&#34;Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng.&#34;</p><p>In further claims, the report states NIO gave Weineng up to an extra 21,053 batteries to boost its numbers, Weineng&#39;s top two executives double as NIO&#39;s Vice President and Battery Operating Executive Manager, and NIO&#39;s Chairman and CEO, Bin Li, is closely tied to parties central to the Luckin Coffee Fraud.</p><p>&#34;Chinese government entities have redeemed US$2B from NIO and may collect another US$6.7B. With NIO&#39;s cash balance of just US$8.2B. We believe shareholders risk being materially diluted in future periods,&#34; wrote Grizzly.</p></body></html>","source":"highlight_streetinsider","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 Plays \"Accounting Games to Inflate Revenue\" Says Grizzly Research</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Plays \"Accounting Games to Inflate Revenue\" Says Grizzly Research\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20265958><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker Nio (NYSE: NIO) Tuesday.In the report, Grizzly states they believe Nio \"plays valeant-esque ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20265958\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20265958","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2246082023","content_text":"Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker Nio (NYSE: NIO) Tuesday.In the report, Grizzly states they believe Nio \"plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets.\"Despite their significant fall from all-time highs during the Covid pandemic, Nio shares are still up considerably from pre-pandemic levels, making it one of China's most valuable electric vehicle companies.\"Allow us to introduce you to Wuhan Weineng (\"Weineng\"), the convenient difference-maker helping NIO exceed lofty growth and profitability estimates on The Street. Despite being formed by NIO and a consortium of investors in late 2020, this unconsolidated related party has already generated billions in revenue for NIO,\" Grizzly said. \"While this rapid growth is impressive on the surface, our investigation has found Weineng might be to NIO what Philidor was to Valeant. Just as Philidor aided Valeant in habitually making numbers, NIO has curiously exceeded estimates since establishing Weineng.\"Grizzly believes sales to Weineng have inflated Nio's revenue and net income by 10% and 95%, respectively.\"Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng.\"In further claims, the report states NIO gave Weineng up to an extra 21,053 batteries to boost its numbers, Weineng's top two executives double as NIO's Vice President and Battery Operating Executive Manager, and NIO's Chairman and CEO, Bin Li, is closely tied to parties central to the Luckin Coffee Fraud.\"Chinese government entities have redeemed US$2B from NIO and may collect another US$6.7B. With NIO's cash balance of just US$8.2B. We believe shareholders risk being materially diluted in future periods,\" wrote Grizzly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328797935333480,"gmtCreate":1721298309025,"gmtModify":1721298313878,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Load of bs !! CanNOT challenge use sanctions n now&nbsp; Threatening \"allies\"","listText":"Load of bs !! CanNOT challenge use sanctions n now&nbsp; Threatening \"allies\"","text":"Load of bs !! CanNOT challenge use sanctions n now Threatening \"allies\"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328797935333480","repostId":"1127823204","repostType":2,"repost":{"id":"1127823204","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":1721203500,"share":"https://ttm.financial/m/news/1127823204?lang=&edition=fundamental","pubTime":"2024-07-17 16:05","market":"us","language":"en","title":"Semiconductor Stocks Drop as US Floats Tougher Trade Curbs in Chip Crackdown on China","url":"https://stock-news.laohu8.com/highlight/detail?id=1127823204","media":"Tiger Newspress","summary":"The Biden administration, facing pushback to its chip crackdown on China, has told allies that it’s considering using the most severe trade restrictions available if companies such as Tokyo Electron L","content":"<html><head></head><body><p>The Biden administration, facing pushback to its chip crackdown on China, has told allies that it’s considering using the most severe trade restrictions available if companies such as Tokyo Electron Ltd. and ASML Holding NV continue giving the country access to advanced semiconductor technology.</p><p style=\"text-align: start;\">Seeking leverage with allies, the US is mulling whether to impose a measure called the foreign direct product rule, or FDPR, said people familiar with recent discussions. The rule lets the country impose controls on foreign-made products that use even the tiniest amount of American technology.</p><p style=\"text-align: start;\">Such a step — seen by allies as draconian — would be used to clamp down on business in China by Japan’s Tokyo Electron and the Netherlands’ ASML, which make chipmaking machinery that’s vital to the industry. The US is presenting the idea to officials in Tokyo and the Hague as an increasingly likely outcome if the countries don’t tighten their own China measures, according to the people, who asked not to be identified because the deliberations are private.</p><p>Semiconductor stocks dropped in premarket trading Wednesday. ASML fell 6%; TSMC and Arm fell 3%; Nvidia, AMD, Broadcom, Micron and Super Micro fell more than 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ea7bc7b44526ecf5baa9c3e540add32d\" tg-width=\"357\" tg-height=\"666\"/></p><p></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>Semiconductor Stocks Drop as US Floats Tougher Trade Curbs in Chip Crackdown on 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\">\nSemiconductor Stocks Drop as US Floats Tougher Trade Curbs in Chip Crackdown on China\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\">2024-07-17 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Biden administration, facing pushback to its chip crackdown on China, has told allies that it’s considering using the most severe trade restrictions available if companies such as Tokyo Electron Ltd. and ASML Holding NV continue giving the country access to advanced semiconductor technology.</p><p style=\"text-align: start;\">Seeking leverage with allies, the US is mulling whether to impose a measure called the foreign direct product rule, or FDPR, said people familiar with recent discussions. The rule lets the country impose controls on foreign-made products that use even the tiniest amount of American technology.</p><p style=\"text-align: start;\">Such a step — seen by allies as draconian — would be used to clamp down on business in China by Japan’s Tokyo Electron and the Netherlands’ ASML, which make chipmaking machinery that’s vital to the industry. The US is presenting the idea to officials in Tokyo and the Hague as an increasingly likely outcome if the countries don’t tighten their own China measures, according to the people, who asked not to be identified because the deliberations are private.</p><p>Semiconductor stocks dropped in premarket trading Wednesday. ASML fell 6%; TSMC and Arm fell 3%; Nvidia, AMD, Broadcom, Micron and Super Micro fell more than 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ea7bc7b44526ecf5baa9c3e540add32d\" tg-width=\"357\" tg-height=\"666\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","ASML":"阿斯麦","ARM":"ARM Holdings","MU":"美光科技","SMCI":"超微电脑","TSM":"台积电","NVDA":"英伟达","AVGO":"博通"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127823204","content_text":"The Biden administration, facing pushback to its chip crackdown on China, has told allies that it’s considering using the most severe trade restrictions available if companies such as Tokyo Electron Ltd. and ASML Holding NV continue giving the country access to advanced semiconductor technology.Seeking leverage with allies, the US is mulling whether to impose a measure called the foreign direct product rule, or FDPR, said people familiar with recent discussions. The rule lets the country impose controls on foreign-made products that use even the tiniest amount of American technology.Such a step — seen by allies as draconian — would be used to clamp down on business in China by Japan’s Tokyo Electron and the Netherlands’ ASML, which make chipmaking machinery that’s vital to the industry. The US is presenting the idea to officials in Tokyo and the Hague as an increasingly likely outcome if the countries don’t tighten their own China measures, according to the people, who asked not to be identified because the deliberations are private.Semiconductor stocks dropped in premarket trading Wednesday. ASML fell 6%; TSMC and Arm fell 3%; Nvidia, AMD, Broadcom, Micron and Super Micro fell more than 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316041802973200,"gmtCreate":1718183723218,"gmtModify":1718184227937,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Why don CHINA impose similar tariffs ? Or better yet&nbsp; impose bans on EVs from&nbsp; europe","listText":"Why don CHINA impose similar tariffs ? Or better yet&nbsp; impose bans on EVs from&nbsp; europe","text":"Why don CHINA impose similar tariffs ? Or better yet impose bans on EVs from europe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/316041802973200","repostId":"1107130020","repostType":2,"repost":{"id":"1107130020","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1718183252,"share":"https://ttm.financial/m/news/1107130020?lang=&edition=fundamental","pubTime":"2024-06-12 17:07","market":"us","language":"en","title":"EU to Impose Tariffs of up to 25% on Chinese EVs, FT Reports","url":"https://stock-news.laohu8.com/highlight/detail?id=1107130020","media":"Reuters","summary":"EV shares slid in premarket trading.Nio fell over 4%; Li Auto fell 2%; XPeng up 0.3%.The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported, citing people familiar with the matter.Analysts have said they expect tariffs of between 10% and 25% on Chinese EVs. The European Commission has said Chinese EVs receive excessive subsidies.The EU and China","content":"<html><head></head><body><p>EV shares slid in premarket trading.</p><p>Nio fell over 4%; Li Auto fell 2%; XPeng up 0.3%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/def59c0b44e8f3e1fe5f4163976dfc1f\" tg-width=\"310\" tg-height=\"211\"/></p><p>The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported, citing people familiar with the matter.</p><p>Analysts have said they expect tariffs of between 10% and 25% on Chinese EVs. The European Commission has said Chinese EVs receive excessive subsidies.</p><p>The EU and China&#39;s foreign affairs ministry did not immediately respond to Reuters&#39; requests for comment.</p><p>Less than a month after Washington quadrupled duties for Chinese EVs to 100%, Brussels is expected to set almost certainly far lower tariffs for imports from Chinese makers such as BYD and Geely as well as Western producers such as Tesla that export cars from China to Europe.</p><p>BYD, Geely, SAIC and Tesla did not immediately respond to Reuters&#39; queries on the report.</p><p>The move comes as European automakers are being challenged by an influx of lower-cost EVs from Chinese rivals.</p><p>China has rebuked the EU over the anti-subsidy investigation, urged cooperation and lobbied individual EU countries, but not fully spelt out what its response to tariffs would be.</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>EU to Impose Tariffs of up to 25% on Chinese EVs, FT Reports</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\">\nEU to Impose Tariffs of up to 25% on Chinese EVs, FT Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-06-12 17:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV shares slid in premarket trading.</p><p>Nio fell over 4%; Li Auto fell 2%; XPeng up 0.3%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/def59c0b44e8f3e1fe5f4163976dfc1f\" tg-width=\"310\" tg-height=\"211\"/></p><p>The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported, citing people familiar with the matter.</p><p>Analysts have said they expect tariffs of between 10% and 25% on Chinese EVs. The European Commission has said Chinese EVs receive excessive subsidies.</p><p>The EU and China&#39;s foreign affairs ministry did not immediately respond to Reuters&#39; requests for comment.</p><p>Less than a month after Washington quadrupled duties for Chinese EVs to 100%, Brussels is expected to set almost certainly far lower tariffs for imports from Chinese makers such as BYD and Geely as well as Western producers such as Tesla that export cars from China to Europe.</p><p>BYD, Geely, SAIC and Tesla did not immediately respond to Reuters&#39; queries on the report.</p><p>The move comes as European automakers are being challenged by an influx of lower-cost EVs from Chinese rivals.</p><p>China has rebuked the EU over the anti-subsidy investigation, urged cooperation and lobbied individual EU countries, but not fully spelt out what its response to tariffs would be.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","LI":"理想汽车","XPEV":"小鹏汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107130020","content_text":"EV shares slid in premarket trading.Nio fell over 4%; Li Auto fell 2%; XPeng up 0.3%.The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported, citing people familiar with the matter.Analysts have said they expect tariffs of between 10% and 25% on Chinese EVs. The European Commission has said Chinese EVs receive excessive subsidies.The EU and China's foreign affairs ministry did not immediately respond to Reuters' requests for comment.Less than a month after Washington quadrupled duties for Chinese EVs to 100%, Brussels is expected to set almost certainly far lower tariffs for imports from Chinese makers such as BYD and Geely as well as Western producers such as Tesla that export cars from China to Europe.BYD, Geely, SAIC and Tesla did not immediately respond to Reuters' queries on the report.The move comes as European automakers are being challenged by an influx of lower-cost EVs from Chinese rivals.China has rebuked the EU over the anti-subsidy investigation, urged cooperation and lobbied individual EU countries, but not fully spelt out what its response to tariffs would be.","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":249642277880040,"gmtCreate":1701997936249,"gmtModify":1701997940754,"author":{"id":"4101186286262950","authorId":"4101186286262950","name":"manta76","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101186286262950","authorIdStr":"4101186286262950"},"themes":[],"htmlText":"Palantir - should have bought instead of sell","listText":"Palantir - should have bought instead of sell","text":"Palantir - should have bought instead of sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/249642277880040","isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}