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Moyasin
2022-06-17
Nio is a great invest
Sorry, the original content has been removed
Moyasin
2022-09-07
lets hope foe good numbers, go nioo
NIO Reports Earnings Today. What to Expect
Moyasin
2022-06-29
good job nio
NIO Inc. Responds to Short Seller Report
Go to Tiger App to see more news
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What to Expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1176631586","media":"Barron's","summary":"Chinese electric-vehicle maker NIO reports second quarter numbers before the market opens for tradin","content":"<html><head></head><body><p>Chinese electric-vehicle maker NIO reports second quarter numbers before the market opens for trading Wednesday. Investors could use some good news.</p><p>NIO (ticker: NIO) American depositary receipts are down about 45% year to date, and off about 15% over the past month. Rising interest rates, rising tensions between the U.S. and China, and rising EV battery costs have all contributed to the ADRs’ decline.</p><p>Softer EV demand in China isn’t helping either. NIO peers Li Auto (LI) and XPeng (XPEV) have already reported second-quarter numbers. Both guided third-quarter numbers below Wall Street’s estimates.</p><p>Li expects to deliver about 28,000 vehicles in the third quarter. The company delivered almost 29,000 in the second quarter. XPeng expects to deliver about 30,000 vehicles in the third quarter. The company delivered about 34,000 vehicles in the second quarter. Investors, obviously, prefer to see sequential growth.</p><p>NIO delivered 25,059 vehicles in the second quarter. The company has delivered 20,729 in July and August combined. Wall Street is expecting about 17,000 units for September, according to the Bloomberg consensus estimate. That would be a record month for the company, but it could be a stale estimate—one that hasn’t been updated since other companies have reported numbers.</p><p>Along with guidance for the third quarter, Wall Street expects NIO to report a second-quarter loss of 18 cents per ADR on sales of $1.42 billion. In the first quarter the company lost 12 cents per ADR on sales of $1.56 billion.</p><p>Management hosts a conference call at 8 a.m. eastern time Wednesday to discuss results.</p><p>On the call, investors can look for an update on how individual models are selling, capacity expansion as well as the results of an internal investigation about NIO’s accounting. A short seller recently questioned how NIO accounts for its battery as a service business. NIO will allow car buyers to, essentially, buy an EV without the batteries. That lowers the upfront cost. Buyers then pay a monthly fee for the batteries.</p><p>The options markets imply ADRs will move about 6%, up or down, following earnings—similar to the volatility over the past four quarterly reports, and ADRs have declined following each of those four reports.</p></body></html>","source":"lsy1610680873436","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 Reports Earnings Today. What to Expect</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 Reports Earnings Today. What to Expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 06:17 GMT+8 <a href=https://www.barrons.com/articles/nio-stock-price-earnings-51662492700?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese electric-vehicle maker NIO reports second quarter numbers before the market opens for trading Wednesday. Investors could use some good news.NIO (ticker: NIO) American depositary receipts are ...</p>\n\n<a href=\"https://www.barrons.com/articles/nio-stock-price-earnings-51662492700?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://www.barrons.com/articles/nio-stock-price-earnings-51662492700?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176631586","content_text":"Chinese electric-vehicle maker NIO reports second quarter numbers before the market opens for trading Wednesday. Investors could use some good news.NIO (ticker: NIO) American depositary receipts are down about 45% year to date, and off about 15% over the past month. Rising interest rates, rising tensions between the U.S. and China, and rising EV battery costs have all contributed to the ADRs’ decline.Softer EV demand in China isn’t helping either. NIO peers Li Auto (LI) and XPeng (XPEV) have already reported second-quarter numbers. Both guided third-quarter numbers below Wall Street’s estimates.Li expects to deliver about 28,000 vehicles in the third quarter. The company delivered almost 29,000 in the second quarter. XPeng expects to deliver about 30,000 vehicles in the third quarter. The company delivered about 34,000 vehicles in the second quarter. Investors, obviously, prefer to see sequential growth.NIO delivered 25,059 vehicles in the second quarter. The company has delivered 20,729 in July and August combined. Wall Street is expecting about 17,000 units for September, according to the Bloomberg consensus estimate. That would be a record month for the company, but it could be a stale estimate—one that hasn’t been updated since other companies have reported numbers.Along with guidance for the third quarter, Wall Street expects NIO to report a second-quarter loss of 18 cents per ADR on sales of $1.42 billion. In the first quarter the company lost 12 cents per ADR on sales of $1.56 billion.Management hosts a conference call at 8 a.m. eastern time Wednesday to discuss results.On the call, investors can look for an update on how individual models are selling, capacity expansion as well as the results of an internal investigation about NIO’s accounting. A short seller recently questioned how NIO accounts for its battery as a service business. NIO will allow car buyers to, essentially, buy an EV without the batteries. That lowers the upfront cost. Buyers then pay a monthly fee for the batteries.The options markets imply ADRs will move about 6%, up or down, following earnings—similar to the volatility over the past four quarterly reports, and ADRs have declined following each of those four reports.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042283552,"gmtCreate":1656479584176,"gmtModify":1676535838141,"author":{"id":"4117877570789632","authorId":"4117877570789632","name":"Moyasin","avatar":"https://community-static.tradeup.com/news/29cebcf5f583a46c0e93b72e8d9eaa11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117877570789632","authorIdStr":"4117877570789632"},"themes":[],"htmlText":"good job nio","listText":"good job nio","text":"good job nio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042283552","repostId":"1131973774","repostType":2,"repost":{"id":"1131973774","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":1656479352,"share":"https://ttm.financial/m/news/1131973774?lang=&edition=fundamental","pubTime":"2022-06-29 13:09","market":"us","language":"en","title":"NIO Inc. Responds to Short Seller Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1131973774","media":"Tiger Newspress","summary":"NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to alleg","content":"<html><head></head><body><p>NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller.</p><p>The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company's board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”).</p><p>The Company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.</p><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 "plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets."</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's most valuable electric vehicle companies.</p><p>"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."</p><p>Grizzly believes sales to Weineng have inflated Nio's revenue and net income by 10% and 95%, respectively.</p><p>"Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng."</p><p>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.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Inc. Responds to Short Seller Report</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 Inc. Responds to Short Seller Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-29 13:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller.</p><p>The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company's board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”).</p><p>The Company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.</p><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 "plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets."</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's most valuable electric vehicle companies.</p><p>"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."</p><p>Grizzly believes sales to Weineng have inflated Nio's revenue and net income by 10% and 95%, respectively.</p><p>"Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng."</p><p>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.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO":"蔚来","NIO.SI":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131973774","content_text":"NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller.The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company's board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”).The Company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.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.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057972954,"gmtCreate":1655458354478,"gmtModify":1676535643685,"author":{"id":"4117877570789632","authorId":"4117877570789632","name":"Moyasin","avatar":"https://community-static.tradeup.com/news/29cebcf5f583a46c0e93b72e8d9eaa11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117877570789632","authorIdStr":"4117877570789632"},"themes":[],"htmlText":"Nio is a great invest ","listText":"Nio is a great invest ","text":"Nio is a great invest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057972954","repostId":"1102493665","repostType":4,"repost":{"id":"1102493665","pubTimestamp":1655455536,"share":"https://ttm.financial/m/news/1102493665?lang=&edition=fundamental","pubTime":"2022-06-17 16:45","market":"sg","language":"en","title":"4 Singapore Stocks I Will Buy With S$20,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1102493665","media":"The Smart Investor","summary":"Here are four Singapore companies that I would buy if I had S$20,000 to spare.When investing, I like","content":"<html><head></head><body><p>Here are four Singapore companies that I would buy if I had S$20,000 to spare.</p><p><img src=\"https://static.tigerbbs.com/fcf96a3461e1df0181df6e7fbe2339c8\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>When investing, I like to look for stocks with favourable attributes such as a strong competitive moat and resilience.</p><p>Better still if the company pays out a consistent dividend that serves as a source of passive income flow.</p><p>The recent weak sentiment has thrown up opportunities to buy a variety of companies at more attractive valuations.</p><p>A word of caution, though.</p><p>Remember to pace your purchases and not go “all in” so that you allow yourself to buy more should share prices fall.</p><p>If I had S$20,000 to spare, here’s where I will consider parking that money.</p><p><b>DBS Group (SGX: D05)</b></p><p>The bluest of the blue chips has to be DBS Group, Singapore’s largest bank.</p><p>DBS offers a comprehensive range of banking services to both corporates and individuals.</p><p>The bank has proven resilient thus far, reporting its second-highest net profit for the first quarter of fiscal 2022 (1Q2022).</p><p>It has also been active on the acquisition front, buying up India’s Lakshmi Vilas Bank in 2020 and more recently, <b>Citigroup’s</b> (NYSE: C) Taiwan consumer banking business.</p><p>The lender is also trying to broaden its income streams by setting up a digital exchange and has also collaborated with <b>Singapore Exchange Limited</b> (SGX: S68),Temasek Holdings and <b>Standard Chartered Bank</b> (LON: STAN) to set up Climate Impact X, a carbon credits marketplace.</p><p>Meanwhile, the US Federal Reserve has raised the benchmark interest rate by 0.75 percentage points recently, its biggest increase since 1994.</p><p>DBS should see its net interest margin and income rise in tandem with the rising interest rate.</p><p><b>Sheng Siong Group Ltd (SGX: OV8)</b></p><p>Sheng Siong is one of the largest supermarket chains in Singapore and operates 65 outlets across the island.</p><p>The group sells a wide variety of products ranging from fresh foods to essentials such as toiletries and household products.</p><p>The retailer is a good investment option for those who are seeking stability, as its focus on essential goods puts it in a good position to weather downturns.</p><p>For 1Q2022, Sheng Siong announced a 6% year on year rise in revenue to S$358 million.</p><p>Net profit improved by 13.9% year on year to S$35.2 million.</p><p>The group paid out a total of S$0.062 in dividends for FY2021, translating to a historical dividend yield of 4.1% for its shares.</p><p>CEO Lim Hock Chee plans to grow the business by opening three to five new stores per year over the next three to five years.</p><p>He also plans to improve on Sheng Siong’s e-commerce capabilities to reach customers in areas where the group does not currently have a presence.</p><p><b>UMS Holdings (SGX: 558)</b></p><p>If you’re looking to gain exposure to the growing semiconductor industry, UMS Holdings may be a good choice.</p><p>The group is a one-stop-shop that provides equipment manufacturing and engineering services to manufacturers of semiconductors and related products.</p><p>UMS reported a good set of numbers for 1Q2022, with revenue surging 71% year on year to S$84.7 million.</p><p>Net profit rose 26% year on year to S$19.4 million, and the group declared an interim dividend of S$0.01, unchanged from last year.</p><p>Free cash flow was healthy at S$18.7 million, up from S$14.8 million a year ago.</p><p>CEO Andy Luong is optimistic about the group’s outlook as he sees accelerating capital expenditure from global wafer fab players.</p><p>Fab equipment spending is set to post healthy growth and will remain above the US$100 billion mark. Industry capacity is projected to rise by 8% this year and a further 6% next year.</p><p><b>Raffles Medical Group (SGX: BSL)</b></p><p>If you’re looking for a recession-proof industry, healthcare immediately comes to mind.</p><p>Raffles Medical Group, or RMG, is an integrated healthcare provider operating in 14 cities within five countries.</p><p>The group operates three tertiary hospitals and more than 100 multi-disciplinary clinics that offer a wide range of medical and diagnostic services.</p><p>The hospital operator reported a sparkling set of earnings for FY2021 as it successfully pivoted its business to help the government manage the COVID-19 pandemic.</p><p>Revenue climbed 27.4% year on year to S$723.8 million while net profit rose 27.7% year on year to S$84.2 million.</p><p>A final dividend of S$0.028 was paid out, giving its shares a trailing dividend yield of 2.5%.</p><p>With borders reopening around the world, medical tourism should also resume, boosting RMG’s prospects for FY2022.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Singapore Stocks I Will Buy With S$20,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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*/\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Singapore Stocks I Will Buy With S$20,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-17 16:45 GMT+8 <a href=https://thesmartinvestor.com.sg/4-singapore-stocks-i-will-buy-with-s20000/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here are four Singapore companies that I would buy if I had S$20,000 to spare.When investing, I like to look for stocks with favourable attributes such as a strong competitive moat and resilience....</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-singapore-stocks-i-will-buy-with-s20000/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BSL.SI":"莱佛士医疗","558.SI":"UMS控股","OV8.SI":"昇菘","D05.SI":"星展集团控股"},"source_url":"https://thesmartinvestor.com.sg/4-singapore-stocks-i-will-buy-with-s20000/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102493665","content_text":"Here are four Singapore companies that I would buy if I had S$20,000 to spare.When investing, I like to look for stocks with favourable attributes such as a strong competitive moat and resilience.Better still if the company pays out a consistent dividend that serves as a source of passive income flow.The recent weak sentiment has thrown up opportunities to buy a variety of companies at more attractive valuations.A word of caution, though.Remember to pace your purchases and not go “all in” so that you allow yourself to buy more should share prices fall.If I had S$20,000 to spare, here’s where I will consider parking that money.DBS Group (SGX: D05)The bluest of the blue chips has to be DBS Group, Singapore’s largest bank.DBS offers a comprehensive range of banking services to both corporates and individuals.The bank has proven resilient thus far, reporting its second-highest net profit for the first quarter of fiscal 2022 (1Q2022).It has also been active on the acquisition front, buying up India’s Lakshmi Vilas Bank in 2020 and more recently, Citigroup’s (NYSE: C) Taiwan consumer banking business.The lender is also trying to broaden its income streams by setting up a digital exchange and has also collaborated with Singapore Exchange Limited (SGX: S68),Temasek Holdings and Standard Chartered Bank (LON: STAN) to set up Climate Impact X, a carbon credits marketplace.Meanwhile, the US Federal Reserve has raised the benchmark interest rate by 0.75 percentage points recently, its biggest increase since 1994.DBS should see its net interest margin and income rise in tandem with the rising interest rate.Sheng Siong Group Ltd (SGX: OV8)Sheng Siong is one of the largest supermarket chains in Singapore and operates 65 outlets across the island.The group sells a wide variety of products ranging from fresh foods to essentials such as toiletries and household products.The retailer is a good investment option for those who are seeking stability, as its focus on essential goods puts it in a good position to weather downturns.For 1Q2022, Sheng Siong announced a 6% year on year rise in revenue to S$358 million.Net profit improved by 13.9% year on year to S$35.2 million.The group paid out a total of S$0.062 in dividends for FY2021, translating to a historical dividend yield of 4.1% for its shares.CEO Lim Hock Chee plans to grow the business by opening three to five new stores per year over the next three to five years.He also plans to improve on Sheng Siong’s e-commerce capabilities to reach customers in areas where the group does not currently have a presence.UMS Holdings (SGX: 558)If you’re looking to gain exposure to the growing semiconductor industry, UMS Holdings may be a good choice.The group is a one-stop-shop that provides equipment manufacturing and engineering services to manufacturers of semiconductors and related products.UMS reported a good set of numbers for 1Q2022, with revenue surging 71% year on year to S$84.7 million.Net profit rose 26% year on year to S$19.4 million, and the group declared an interim dividend of S$0.01, unchanged from last year.Free cash flow was healthy at S$18.7 million, up from S$14.8 million a year ago.CEO Andy Luong is optimistic about the group’s outlook as he sees accelerating capital expenditure from global wafer fab players.Fab equipment spending is set to post healthy growth and will remain above the US$100 billion mark. Industry capacity is projected to rise by 8% this year and a further 6% next year.Raffles Medical Group (SGX: BSL)If you’re looking for a recession-proof industry, healthcare immediately comes to mind.Raffles Medical Group, or RMG, is an integrated healthcare provider operating in 14 cities within five countries.The group operates three tertiary hospitals and more than 100 multi-disciplinary clinics that offer a wide range of medical and diagnostic services.The hospital operator reported a sparkling set of earnings for FY2021 as it successfully pivoted its business to help the government manage the COVID-19 pandemic.Revenue climbed 27.4% year on year to S$723.8 million while net profit rose 27.7% year on year to S$84.2 million.A final dividend of S$0.028 was paid out, giving its shares a trailing dividend yield of 2.5%.With borders reopening around the world, medical tourism should also resume, boosting RMG’s prospects for FY2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9057972954,"gmtCreate":1655458354478,"gmtModify":1676535643685,"author":{"id":"4117877570789632","authorId":"4117877570789632","name":"Moyasin","avatar":"https://community-static.tradeup.com/news/29cebcf5f583a46c0e93b72e8d9eaa11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117877570789632","idStr":"4117877570789632"},"themes":[],"htmlText":"Nio is a great invest ","listText":"Nio is a great invest ","text":"Nio is a great invest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057972954","repostId":"1102493665","repostType":4,"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938902291,"gmtCreate":1662535964013,"gmtModify":1676537082709,"author":{"id":"4117877570789632","authorId":"4117877570789632","name":"Moyasin","avatar":"https://community-static.tradeup.com/news/29cebcf5f583a46c0e93b72e8d9eaa11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117877570789632","idStr":"4117877570789632"},"themes":[],"htmlText":"lets hope foe good numbers, go nioo","listText":"lets hope foe good numbers, go nioo","text":"lets hope foe good numbers, go nioo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938902291","repostId":"1176631586","repostType":2,"repost":{"id":"1176631586","pubTimestamp":1662502636,"share":"https://ttm.financial/m/news/1176631586?lang=&edition=fundamental","pubTime":"2022-09-07 06:17","market":"hk","language":"en","title":"NIO Reports Earnings Today. What to Expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1176631586","media":"Barron's","summary":"Chinese electric-vehicle maker NIO reports second quarter numbers before the market opens for tradin","content":"<html><head></head><body><p>Chinese electric-vehicle maker NIO reports second quarter numbers before the market opens for trading Wednesday. Investors could use some good news.</p><p>NIO (ticker: NIO) American depositary receipts are down about 45% year to date, and off about 15% over the past month. Rising interest rates, rising tensions between the U.S. and China, and rising EV battery costs have all contributed to the ADRs’ decline.</p><p>Softer EV demand in China isn’t helping either. NIO peers Li Auto (LI) and XPeng (XPEV) have already reported second-quarter numbers. Both guided third-quarter numbers below Wall Street’s estimates.</p><p>Li expects to deliver about 28,000 vehicles in the third quarter. The company delivered almost 29,000 in the second quarter. XPeng expects to deliver about 30,000 vehicles in the third quarter. The company delivered about 34,000 vehicles in the second quarter. Investors, obviously, prefer to see sequential growth.</p><p>NIO delivered 25,059 vehicles in the second quarter. The company has delivered 20,729 in July and August combined. Wall Street is expecting about 17,000 units for September, according to the Bloomberg consensus estimate. That would be a record month for the company, but it could be a stale estimate—one that hasn’t been updated since other companies have reported numbers.</p><p>Along with guidance for the third quarter, Wall Street expects NIO to report a second-quarter loss of 18 cents per ADR on sales of $1.42 billion. In the first quarter the company lost 12 cents per ADR on sales of $1.56 billion.</p><p>Management hosts a conference call at 8 a.m. eastern time Wednesday to discuss results.</p><p>On the call, investors can look for an update on how individual models are selling, capacity expansion as well as the results of an internal investigation about NIO’s accounting. A short seller recently questioned how NIO accounts for its battery as a service business. NIO will allow car buyers to, essentially, buy an EV without the batteries. That lowers the upfront cost. Buyers then pay a monthly fee for the batteries.</p><p>The options markets imply ADRs will move about 6%, up or down, following earnings—similar to the volatility over the past four quarterly reports, and ADRs have declined following each of those four reports.</p></body></html>","source":"lsy1610680873436","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 Reports Earnings Today. What to Expect</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 Reports Earnings Today. What to Expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 06:17 GMT+8 <a href=https://www.barrons.com/articles/nio-stock-price-earnings-51662492700?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese electric-vehicle maker NIO reports second quarter numbers before the market opens for trading Wednesday. Investors could use some good news.NIO (ticker: NIO) American depositary receipts are ...</p>\n\n<a href=\"https://www.barrons.com/articles/nio-stock-price-earnings-51662492700?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://www.barrons.com/articles/nio-stock-price-earnings-51662492700?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176631586","content_text":"Chinese electric-vehicle maker NIO reports second quarter numbers before the market opens for trading Wednesday. Investors could use some good news.NIO (ticker: NIO) American depositary receipts are down about 45% year to date, and off about 15% over the past month. Rising interest rates, rising tensions between the U.S. and China, and rising EV battery costs have all contributed to the ADRs’ decline.Softer EV demand in China isn’t helping either. NIO peers Li Auto (LI) and XPeng (XPEV) have already reported second-quarter numbers. Both guided third-quarter numbers below Wall Street’s estimates.Li expects to deliver about 28,000 vehicles in the third quarter. The company delivered almost 29,000 in the second quarter. XPeng expects to deliver about 30,000 vehicles in the third quarter. The company delivered about 34,000 vehicles in the second quarter. Investors, obviously, prefer to see sequential growth.NIO delivered 25,059 vehicles in the second quarter. The company has delivered 20,729 in July and August combined. Wall Street is expecting about 17,000 units for September, according to the Bloomberg consensus estimate. That would be a record month for the company, but it could be a stale estimate—one that hasn’t been updated since other companies have reported numbers.Along with guidance for the third quarter, Wall Street expects NIO to report a second-quarter loss of 18 cents per ADR on sales of $1.42 billion. In the first quarter the company lost 12 cents per ADR on sales of $1.56 billion.Management hosts a conference call at 8 a.m. eastern time Wednesday to discuss results.On the call, investors can look for an update on how individual models are selling, capacity expansion as well as the results of an internal investigation about NIO’s accounting. A short seller recently questioned how NIO accounts for its battery as a service business. NIO will allow car buyers to, essentially, buy an EV without the batteries. That lowers the upfront cost. Buyers then pay a monthly fee for the batteries.The options markets imply ADRs will move about 6%, up or down, following earnings—similar to the volatility over the past four quarterly reports, and ADRs have declined following each of those four reports.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042283552,"gmtCreate":1656479584176,"gmtModify":1676535838141,"author":{"id":"4117877570789632","authorId":"4117877570789632","name":"Moyasin","avatar":"https://community-static.tradeup.com/news/29cebcf5f583a46c0e93b72e8d9eaa11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117877570789632","idStr":"4117877570789632"},"themes":[],"htmlText":"good job nio","listText":"good job nio","text":"good job nio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042283552","repostId":"1131973774","repostType":2,"repost":{"id":"1131973774","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":1656479352,"share":"https://ttm.financial/m/news/1131973774?lang=&edition=fundamental","pubTime":"2022-06-29 13:09","market":"us","language":"en","title":"NIO Inc. Responds to Short Seller Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1131973774","media":"Tiger Newspress","summary":"NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to alleg","content":"<html><head></head><body><p>NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller.</p><p>The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company's board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”).</p><p>The Company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.</p><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 "plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets."</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's most valuable electric vehicle companies.</p><p>"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."</p><p>Grizzly believes sales to Weineng have inflated Nio's revenue and net income by 10% and 95%, respectively.</p><p>"Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng."</p><p>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.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Inc. Responds to Short Seller Report</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 Inc. Responds to Short Seller Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-29 13:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller.</p><p>The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company's board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”).</p><p>The Company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.</p><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 "plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets."</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's most valuable electric vehicle companies.</p><p>"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."</p><p>Grizzly believes sales to Weineng have inflated Nio's revenue and net income by 10% and 95%, respectively.</p><p>"Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng."</p><p>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.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO":"蔚来","NIO.SI":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131973774","content_text":"NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller.The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company's board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”).The Company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.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.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}