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2023-01-17

Thank u

@vippy:2 Top Tech Stocks to Buy for the Long Haul

2022-11-28

Thank u

Is Sea Limited Stock Still a Buy After Jumping 36%?

2022-10-21

$Sea Ltd(SE)$Let's go treasure hunting in the sea!

2022-10-02

Thank u

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2022-09-21

Thanks for the heads up!

Here's Why Sea Limited Is Suddenly Serious About Cash Flow

2022-09-18

Thank you!

This Bear Market Advice Can Be Very Effective If You Do It In the Right Way

2022-09-12

It's on my watchlist now! Thank you

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2022-09-08

Banks with decades of experiences. I hope the fresh blood can create better market for us.

GXS and Trust Digital Banks Have Launched: Should DBS, UOB and OCBC Worry?

2022-09-07

I think so too

U.S. Stocks Took off in Morning Trading; Dow Jones, Nasdaq and S&P 500 Jumped Over 0.8%

2022-09-07

[Miser]

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2022-09-07

Thanks for the heads up

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2022-09-07

Thank you

Win Streak May End For Singapore Stock Market

2022-09-05

:) thank u

Nvidia Stock: Is the Recent Correction an Opportunity for Investors?

2022-09-04

Thank u

AMC Stock Rises Over 4% in Morning Trading

Go to Tiger App to see more news

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It has also been a volatile stock, and large price swings have not been uncommon.</p><p>In a recent example, Sea&#39;s Q3 of 2022 delighted Wall Street and shares popped 36% the day after the report. Even with some backsliding in the days since, the stock is still up 17% post-earnings.</p><p>For investors who have been considering buying shares, this sudden share price appreciation may make it seem like the opportunity has been missed. I don&#39;t believe that&#39;s the case at all. Let&#39;s dig in and see why.</p><h3>Taking the long view</h3><p>The recent price pop may be intimidating to investors considering buying shares, but a step back shows that even with the post-earnings jump, Sea Limited has had a rough go of it recently.</p><p><img src=\"https://static.tigerbbs.com/0ea7ff33fc27282c38918da1feea628f\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"/></p><p>SE data by YCharts</p><p>As this chart shows, while Sea has beaten the market over the long term, it&#39;s been a wild ride and shares are down drastically since late 2021. In fact, as of this writing, Sea&#39;s stock is down 85% off its high. It&#39;s important to understand that this drop includes the recent stock pop.</p><h3>But how has the business done?</h3><p>Sea Limited operates in three segments, and put simply the company is the preeminent gaming, e-commerce, and fintech company in Southeast Asia. During the market bull run that followed the COVID-19 crash of early 2020, Sea caught investors&#39; attention with its regular triple-digit revenue growth, which helped drive the parabolic share appreciation.</p><p>However, at the same time, Sea was unprofitable and mostly free-cash-flow negative. While this is not uncommon for businesses that are in growth mode, the market began to sour on Sea once the revenue growth slowed.</p><p>What&#39;s interesting about the recently reported Q3 is that the results weren&#39;t overly impressive. Revenue increased 17% year over year and the net loss was $569 million, a slight improvement from a loss of $573 million in Q3 of 2021.</p><p>In fact, while revenue has grown, Sea has seen increasing net losses and continued cash burn over the past three years. The fact that this quarter caused such a share jump is curious considering the report was essentially more of the same.</p><p><img src=\"https://static.tigerbbs.com/ef69d4e555394ff727b39835f70afa9d\" tg-width=\"720\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>SE Revenue (TTM) data by YCharts</p><h3>Is the earning jump a signal or noise?</h3><p>So what caused the pop after earnings? Part of the reaction was likely that the company beat analyst guidance on the top and bottom lines, but more likely it was due to management&#39;s commentary on the earnings call.</p><p>As mentioned above, Sea hasn&#39;t made any meaningful progress toward profitability despite impressive revenue growth over several years. According to Sea&#39;s CEO Forrest Li, that could change in the coming quarters.</p><p>Citing the changing macroeconomic environment and his company&#39;s need to adapt in order to survive, Li said, &#34;We have entirely shifted our mindset and focus from growth, to achieving self-sufficiency and profitability as soon as possible without relying on any external funding.&#34;</p><p>While no definite timelines were provided by management, there have been reports of layoffs over the past six months, and the management team will be forgoing salaries until the company reaches self-sufficiency.</p><h3>Is Sea a buy right now?</h3><p>For investors who believe in the long-term potential of Sea&#39;s business segments, a focus on profitability could be good news for long-term shareholder returns. Additionally, from a valuation standpoint, now could be a great time to buy shares and see if that thesis plays out. Sea&#39;s current price-to-sales ratio is 2.5, only slightly above its all-time low of 1.9. That said, the path to profitability could take some time, so it may be worth giving Sea several quarters to prove it can walk the walk.</p><p>Bottom line, the recent 36% stock jump should not play into any investor&#39;s decision about buying shares. Any investing decision should be made based on Sea&#39; future potential and the price paid relative to that potential.</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>Is Sea Limited Stock Still a Buy After Jumping 36%?</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\">\nIs Sea Limited Stock Still a Buy After Jumping 36%?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-28 23:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/27/is-sea-limited-stock-still-a-buy-after-jumping-36/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSSea's third-quarter earnings report was similar to recent results.But management is making a pivot toward achieving profitability.The stock is attractive for patient believers in Sea's long-...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/27/is-sea-limited-stock-still-a-buy-after-jumping-36/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2022/11/27/is-sea-limited-stock-still-a-buy-after-jumping-36/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286817995","content_text":"KEY POINTSSea's third-quarter earnings report was similar to recent results.But management is making a pivot toward achieving profitability.The stock is attractive for patient believers in Sea's long-term potential.Sea Limited has been a winning investment since its debut on the public markets in 2017, returning 229% compared to the S&P 500's 57%. It has also been a volatile stock, and large price swings have not been uncommon.In a recent example, Sea's Q3 of 2022 delighted Wall Street and shares popped 36% the day after the report. Even with some backsliding in the days since, the stock is still up 17% post-earnings.For investors who have been considering buying shares, this sudden share price appreciation may make it seem like the opportunity has been missed. I don't believe that's the case at all. Let's dig in and see why.Taking the long viewThe recent price pop may be intimidating to investors considering buying shares, but a step back shows that even with the post-earnings jump, Sea Limited has had a rough go of it recently.SE data by YChartsAs this chart shows, while Sea has beaten the market over the long term, it's been a wild ride and shares are down drastically since late 2021. In fact, as of this writing, Sea's stock is down 85% off its high. It's important to understand that this drop includes the recent stock pop.But how has the business done?Sea Limited operates in three segments, and put simply the company is the preeminent gaming, e-commerce, and fintech company in Southeast Asia. During the market bull run that followed the COVID-19 crash of early 2020, Sea caught investors' attention with its regular triple-digit revenue growth, which helped drive the parabolic share appreciation.However, at the same time, Sea was unprofitable and mostly free-cash-flow negative. While this is not uncommon for businesses that are in growth mode, the market began to sour on Sea once the revenue growth slowed.What's interesting about the recently reported Q3 is that the results weren't overly impressive. Revenue increased 17% year over year and the net loss was $569 million, a slight improvement from a loss of $573 million in Q3 of 2021.In fact, while revenue has grown, Sea has seen increasing net losses and continued cash burn over the past three years. The fact that this quarter caused such a share jump is curious considering the report was essentially more of the same.SE Revenue (TTM) data by YChartsIs the earning jump a signal or noise?So what caused the pop after earnings? Part of the reaction was likely that the company beat analyst guidance on the top and bottom lines, but more likely it was due to management's commentary on the earnings call.As mentioned above, Sea hasn't made any meaningful progress toward profitability despite impressive revenue growth over several years. According to Sea's CEO Forrest Li, that could change in the coming quarters.Citing the changing macroeconomic environment and his company's need to adapt in order to survive, Li said, \"We have entirely shifted our mindset and focus from growth, to achieving self-sufficiency and profitability as soon as possible without relying on any external funding.\"While no definite timelines were provided by management, there have been reports of layoffs over the past six months, and the management team will be forgoing salaries until the company reaches self-sufficiency.Is Sea a buy right now?For investors who believe in the long-term potential of Sea's business segments, a focus on profitability could be good news for long-term shareholder returns. Additionally, from a valuation standpoint, now could be a great time to buy shares and see if that thesis plays out. Sea's current price-to-sales ratio is 2.5, only slightly above its all-time low of 1.9. That said, the path to profitability could take some time, so it may be worth giving Sea several quarters to prove it can walk the walk.Bottom line, the recent 36% stock jump should not play into any investor's decision about buying shares. Any investing decision should be made based on Sea' future potential and the price paid relative to that potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981042622,"gmtCreate":1666358347667,"gmtModify":1676537746326,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$</a>Let's go treasure hunting in the sea!","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$</a>Let's go treasure hunting in the sea!","text":"$Sea Ltd(SE)$Let's go treasure hunting in the sea!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981042622","isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916712433,"gmtCreate":1664679015523,"gmtModify":1676537493217,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank u","listText":"Thank u","text":"Thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916712433","repostId":"1165265303","repostType":4,"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919343354,"gmtCreate":1663738630979,"gmtModify":1676537326887,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thanks for the heads up!","listText":"Thanks for the heads up!","text":"Thanks for the heads up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919343354","repostId":"1126746547","repostType":2,"repost":{"id":"1126746547","kind":"news","pubTimestamp":1663738336,"share":"https://ttm.financial/m/news/1126746547?lang=&edition=fundamental","pubTime":"2022-09-21 13:32","market":"sg","language":"en","title":"Here's Why Sea Limited Is Suddenly Serious About Cash Flow","url":"https://stock-news.laohu8.com/highlight/detail?id=1126746547","media":"Motley Fool","summary":"How will the market value this stock if its growth potential dissipates?","content":"<html><head></head><body><h2>KEY POINTS</h2><ul><li>Sea Limited is focused on becoming self-sufficient because it can no longer rely on outside financing.</li><li>Its push towards self-sufficiency includes cutting executive pay and tightening e-commerce operations in certain countries.</li><li>The stock&#39;s valuation has plummeted, but it may be warranted if its growth opportunities are reduced.</li></ul><p>E-commerce, payments, and gaming company <b>Sea Limited</b> is turning away from revenue growth and toward cash flow at all costs.</p><p>Investors grew accustomed to mind-numbing growth figures from Sea Limited. Consider that in 2017, the company generated revenue of $414 million. In 2021, it generated revenue of nearly $10 billion -- up 24 times in just four years. And revenue through the first half of 2022 is up another impressive 44% year over year.</p><p>According to <i>Bloomberg</i>, Sea Limited just sent a memo to employees, saying that its top goal is to become cash-flow positive as quickly as possible. And as we&#39;ll see, it&#39;s pulling out all the stops to accomplish this. Here&#39;s what investors need to know.</p><h2>Why Sea Limited is pivoting toward profits</h2><p>In 2017, Sea Limited primarily generated revenue from its video game platform Garena, much of that coming from Asia with a concentration in its home Singapore market. Since then, the company has expanded its revenue sources to include e-commerce (through its Shopee platform) and digital payments (through its fintech arm SeaMoney). It&#39;s expanded and grown substantially in markets like Europe and Latin America.</p><p>Sea Limited is now prioritizing profits over growth because of how quickly the global financing market changed. In his memo to employees, founder and CEO Forrest Li explained, &#34;With investors fleeing for &#39;safe haven&#39; investments, we do not anticipate being able to raise funds in the market.&#34;</p><p>In short, Sea Limited grew and expanded rapidly. But it did so by relying heavily on cash from financing activities, as the chart below shows. And it can&#39;t keep dipping into that honey pot now that the macroeconomic environment is different.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1a6de5c2491384ebaf7378436cf315ba\" tg-width=\"720\" tg-height=\"449\" width=\"100%\" height=\"auto\"/><span>SE REVENUE (TTM) DATA BY YCHARTS.</span></p><p>To Li&#39;s point, the cost of capital rose. The Federal Reserve raised interest rates at the fastest pace in decades, giving investors much better returns on relatively risk-free assets. They&#39;re now less willing to lend money to companies like Sea Limited without demanding a much higher rate of return. Basically, the terms for borrowing money aren&#39;t as compelling as they were.</p><p>Similarly, the Federal Reserve has taken liquidity out of the system by shrinking its balance sheet. This has a side effect of causing stock valuations to drop. Sea Limited could raise funds by diluting shares as it&#39;s done in the past, but the terms are far less attractive. Sea Limited stock had ap rice-to-sales (P/S) valuation of over 30 in early 2021. Its valuation has plummeted more than 90% to a P/S ratio under 3 as of this writing -- an all-time low for the company.</p><p>Sea Limited isn&#39;t the only company pivoting in light of market conditions. For example, the parent company of Snapchat, <b>Snap</b>, released a memo to employees earlier this month, and tech website The Verge got hold of it. Snap&#39;s CEO reportedly said: &#34;Our business will be valued based on our ability to generate profits. We must adapt our strategy accordingly.&#34;</p><p>Snap is adapting to the market&#39;s preference for profitability, in part, by launching an enterprise division for its augmented-reality technology. But it&#39;s also cutting projects like its selfie drone. And as we&#39;ll see, Sea Limited is making cuts as well.</p><h2>What Sea Limited is giving up</h2><p>Sea Limited&#39;s video game segment, Garena, is its profitable venture. However, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for this segment fell 55% year over year in the second quarter of 2022 to $333.6 million, in part due to its hit <i>Free Fire</i>game being banned in India and also a general slowdown in the video game space.</p><p>However, Garena&#39;s struggles appear to be ongoing. According to a September Reuters report, about 15% of Garena&#39;s staff may have just been let go as Sea Limited pivots hard toward profits. Moreover, the same Reuters report says that Sea Limited is shutting down Shopee in Argentina altogether as well as shutting down local operations in Columbia, Chile, and Mexico -- cross-border shipments will still be allowed in those three countries. This follows Sea Limited pulling out of some European markets earlier this year.</p><p>Finally, back to the <i>Bloomberg</i> report, management is extremely serious about cash-flow positivity. It&#39;s reportedly forgoing paychecks for executives until Sea Limited reaches self-sufficiency. This, of course, implies that the company hasn&#39;t been self-sufficient to this point, emphasizing once more that its growth was funded by financing.</p><h2>Lower top-line growth, lower valuation</h2><p>Sea Limited investors should be encouraged that there&#39;s a viable path to self-sufficiency. Consider that in the first half of 2022, the company reported a negative $1.2 billion in cash from operations. But it spent $540 million on property and equipment alone, much of which is for e-commerce infrastructure. Simply curtailing spending to grow Shopee will substantially push the overall business toward breakeven.</p><p>That said, Sea Limited&#39;s e-commerce segment accounted for nearly 59% of overall revenue in Q2. And its 51% year-over-year growth for this segment far exceeded the overall revenue growth of 29%. In other words, the company is cutting back on its top-line growth driver, which typically merits a cheaper valuation.</p><p>Pivoting toward self-sufficiency is important and necessary for Sea Limited in the current economic environment. It also means the stock may be fairly valued in a low-growth, break-even scenario. That makes this a company I would watch from the sidelines for now. Wait and see if management can accomplish its self-sufficiency goal. And see what kind of profits it&#39;s capable of after the pivot is complete to get a better idea of the long-term opportunity.</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>Here's Why Sea Limited Is Suddenly Serious About Cash Flow</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\">\nHere's Why Sea Limited Is Suddenly Serious About Cash Flow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-21 13:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/20/why-sea-limited-suddenly-serious-about-cash-flow/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSSea Limited is focused on becoming self-sufficient because it can no longer rely on outside financing.Its push towards self-sufficiency includes cutting executive pay and tightening e-...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/20/why-sea-limited-suddenly-serious-about-cash-flow/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2022/09/20/why-sea-limited-suddenly-serious-about-cash-flow/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126746547","content_text":"KEY POINTSSea Limited is focused on becoming self-sufficient because it can no longer rely on outside financing.Its push towards self-sufficiency includes cutting executive pay and tightening e-commerce operations in certain countries.The stock's valuation has plummeted, but it may be warranted if its growth opportunities are reduced.E-commerce, payments, and gaming company Sea Limited is turning away from revenue growth and toward cash flow at all costs.Investors grew accustomed to mind-numbing growth figures from Sea Limited. Consider that in 2017, the company generated revenue of $414 million. In 2021, it generated revenue of nearly $10 billion -- up 24 times in just four years. And revenue through the first half of 2022 is up another impressive 44% year over year.According to Bloomberg, Sea Limited just sent a memo to employees, saying that its top goal is to become cash-flow positive as quickly as possible. And as we'll see, it's pulling out all the stops to accomplish this. Here's what investors need to know.Why Sea Limited is pivoting toward profitsIn 2017, Sea Limited primarily generated revenue from its video game platform Garena, much of that coming from Asia with a concentration in its home Singapore market. Since then, the company has expanded its revenue sources to include e-commerce (through its Shopee platform) and digital payments (through its fintech arm SeaMoney). It's expanded and grown substantially in markets like Europe and Latin America.Sea Limited is now prioritizing profits over growth because of how quickly the global financing market changed. In his memo to employees, founder and CEO Forrest Li explained, \"With investors fleeing for 'safe haven' investments, we do not anticipate being able to raise funds in the market.\"In short, Sea Limited grew and expanded rapidly. But it did so by relying heavily on cash from financing activities, as the chart below shows. And it can't keep dipping into that honey pot now that the macroeconomic environment is different.SE REVENUE (TTM) DATA BY YCHARTS.To Li's point, the cost of capital rose. The Federal Reserve raised interest rates at the fastest pace in decades, giving investors much better returns on relatively risk-free assets. They're now less willing to lend money to companies like Sea Limited without demanding a much higher rate of return. Basically, the terms for borrowing money aren't as compelling as they were.Similarly, the Federal Reserve has taken liquidity out of the system by shrinking its balance sheet. This has a side effect of causing stock valuations to drop. Sea Limited could raise funds by diluting shares as it's done in the past, but the terms are far less attractive. Sea Limited stock had ap rice-to-sales (P/S) valuation of over 30 in early 2021. Its valuation has plummeted more than 90% to a P/S ratio under 3 as of this writing -- an all-time low for the company.Sea Limited isn't the only company pivoting in light of market conditions. For example, the parent company of Snapchat, Snap, released a memo to employees earlier this month, and tech website The Verge got hold of it. Snap's CEO reportedly said: \"Our business will be valued based on our ability to generate profits. We must adapt our strategy accordingly.\"Snap is adapting to the market's preference for profitability, in part, by launching an enterprise division for its augmented-reality technology. But it's also cutting projects like its selfie drone. And as we'll see, Sea Limited is making cuts as well.What Sea Limited is giving upSea Limited's video game segment, Garena, is its profitable venture. However, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for this segment fell 55% year over year in the second quarter of 2022 to $333.6 million, in part due to its hit Free Firegame being banned in India and also a general slowdown in the video game space.However, Garena's struggles appear to be ongoing. According to a September Reuters report, about 15% of Garena's staff may have just been let go as Sea Limited pivots hard toward profits. Moreover, the same Reuters report says that Sea Limited is shutting down Shopee in Argentina altogether as well as shutting down local operations in Columbia, Chile, and Mexico -- cross-border shipments will still be allowed in those three countries. This follows Sea Limited pulling out of some European markets earlier this year.Finally, back to the Bloomberg report, management is extremely serious about cash-flow positivity. It's reportedly forgoing paychecks for executives until Sea Limited reaches self-sufficiency. This, of course, implies that the company hasn't been self-sufficient to this point, emphasizing once more that its growth was funded by financing.Lower top-line growth, lower valuationSea Limited investors should be encouraged that there's a viable path to self-sufficiency. Consider that in the first half of 2022, the company reported a negative $1.2 billion in cash from operations. But it spent $540 million on property and equipment alone, much of which is for e-commerce infrastructure. Simply curtailing spending to grow Shopee will substantially push the overall business toward breakeven.That said, Sea Limited's e-commerce segment accounted for nearly 59% of overall revenue in Q2. And its 51% year-over-year growth for this segment far exceeded the overall revenue growth of 29%. In other words, the company is cutting back on its top-line growth driver, which typically merits a cheaper valuation.Pivoting toward self-sufficiency is important and necessary for Sea Limited in the current economic environment. It also means the stock may be fairly valued in a low-growth, break-even scenario. That makes this a company I would watch from the sidelines for now. Wait and see if management can accomplish its self-sufficiency goal. And see what kind of profits it's capable of after the pivot is complete to get a better idea of the long-term opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937786559,"gmtCreate":1663506403771,"gmtModify":1676537280640,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank you!","listText":"Thank you!","text":"Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9937786559","repostId":"1175700857","repostType":4,"repost":{"id":"1175700857","kind":"news","pubTimestamp":1663468218,"share":"https://ttm.financial/m/news/1175700857?lang=&edition=fundamental","pubTime":"2022-09-18 10:30","market":"us","language":"en","title":"This Bear Market Advice Can Be Very Effective If You Do It In the Right Way","url":"https://stock-news.laohu8.com/highlight/detail?id=1175700857","media":"RealMoney","summary":"Folks that watch the market very closely have a bias toward action. They become bored and restless a","content":"<html><head></head><body><p>Folks that watch the market very closely have a bias toward action. They become bored and restless and want to do something even when conditions are not favorable. This inclination leads to the most common advice in a bear market: to build positions by averaging into them.</p><p>In theory, this is a great idea. No one can time the market with great precision, so a good way to build a position is to make smaller buys over a more extended period of time and hopefully end up with a pretty good average entry price.</p><p>There is no disputing the wisdom of entering positions incrementally, especially in a poor market, but executing this strategy can be challenging. The most common mistake is to average into a position too big and fast. When positions are too large in a poor market, there is an increased risk of panic selling.</p><p>The problem is that market participants tend to have a very strong tendency toward premature action. They want to act, and they also want to try to time the exact lows, and the combination of the two tendencies is that they act too early.</p><p><b>Buying Later Rather Than Early Is Better</b></p><p>In previous columns, I have discussed my view that buying later rather than early is better. If you buy after a low has occurred, there are precise support levels, and there is more likely to be sustained upside momentum. When you buy into the teeth of a decline, you have to hope that the downside momentum is about to stop and reverse. When the market is oversold, there can be some good countertrend bounces, but it is extremely hard to predict market lows prospectively.</p><p>Averaging into positions in a bear market probably causes more significant damage to accounts than anything else. The big danger is that the timing is wrong, and the position becomes uncomfortably large and refuses to bounce. This evokes strong emotions and causes panic reactions.</p><p>It is also essential to recognize that there is a risk that maybe you are betting on the wrong stock. Not every stock that sinks in a bear market will rebound when conditions improve. If you keep adding as it goes lower, you are setting yourself up for a major loss. This is another reason why it is important to look for some strength before you add to a position.</p><p>I am a big fan of an incremental approach to trading and investing, but far too many people do it wrong. They are too focused on buying weakness and trying to time the bottom. You have to be willing to add into strength and not just on weakness. People tend to want to buy weakness because there is the illusion that they are getting a bargain, but in investing, you make the big money not by buying the low but by buying a sustained uptrend.</p><p>This is a critical point that most market participants overlook. Just because a stock has found a low doesn&#39;t mean it will go up very much. Buying low isn&#39;t a great strategy if there isn&#39;t any significant high to sell in a reasonably short time frame.</p><p>I highly recommend using the &#39;average in&#39; strategy, but I would amend it in two ways. First, use short-term volatility to trade the position. If you catch a bounce, then reduce the position and look to rebuy as conditions improve. Second, look to build the core position on strength rather than weakness. Don&#39;t just endlessly buy as the price goes lower. Make the stock prove that it has some relative strength before you trust it.</p><p>Averaging into a position is standard bear market advice, but it has to be done right to be effective.</p></body></html>","source":"lsy1619508253632","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>This Bear Market Advice Can Be Very Effective If You Do It In the Right Way</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\">\nThis Bear Market Advice Can Be Very Effective If You Do It In the Right Way\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-18 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://realmoney.thestreet.com/investing/this-bear-market-advice-can-be-very-effective-if-you-do-it-in-the-right-way-16100208><strong>RealMoney</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Folks that watch the market very closely have a bias toward action. They become bored and restless and want to do something even when conditions are not favorable. This inclination leads to the most ...</p>\n\n<a href=\"https://realmoney.thestreet.com/investing/this-bear-market-advice-can-be-very-effective-if-you-do-it-in-the-right-way-16100208\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://realmoney.thestreet.com/investing/this-bear-market-advice-can-be-very-effective-if-you-do-it-in-the-right-way-16100208","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175700857","content_text":"Folks that watch the market very closely have a bias toward action. They become bored and restless and want to do something even when conditions are not favorable. This inclination leads to the most common advice in a bear market: to build positions by averaging into them.In theory, this is a great idea. No one can time the market with great precision, so a good way to build a position is to make smaller buys over a more extended period of time and hopefully end up with a pretty good average entry price.There is no disputing the wisdom of entering positions incrementally, especially in a poor market, but executing this strategy can be challenging. The most common mistake is to average into a position too big and fast. When positions are too large in a poor market, there is an increased risk of panic selling.The problem is that market participants tend to have a very strong tendency toward premature action. They want to act, and they also want to try to time the exact lows, and the combination of the two tendencies is that they act too early.Buying Later Rather Than Early Is BetterIn previous columns, I have discussed my view that buying later rather than early is better. If you buy after a low has occurred, there are precise support levels, and there is more likely to be sustained upside momentum. When you buy into the teeth of a decline, you have to hope that the downside momentum is about to stop and reverse. When the market is oversold, there can be some good countertrend bounces, but it is extremely hard to predict market lows prospectively.Averaging into positions in a bear market probably causes more significant damage to accounts than anything else. The big danger is that the timing is wrong, and the position becomes uncomfortably large and refuses to bounce. This evokes strong emotions and causes panic reactions.It is also essential to recognize that there is a risk that maybe you are betting on the wrong stock. Not every stock that sinks in a bear market will rebound when conditions improve. If you keep adding as it goes lower, you are setting yourself up for a major loss. This is another reason why it is important to look for some strength before you add to a position.I am a big fan of an incremental approach to trading and investing, but far too many people do it wrong. They are too focused on buying weakness and trying to time the bottom. You have to be willing to add into strength and not just on weakness. People tend to want to buy weakness because there is the illusion that they are getting a bargain, but in investing, you make the big money not by buying the low but by buying a sustained uptrend.This is a critical point that most market participants overlook. Just because a stock has found a low doesn't mean it will go up very much. Buying low isn't a great strategy if there isn't any significant high to sell in a reasonably short time frame.I highly recommend using the 'average in' strategy, but I would amend it in two ways. First, use short-term volatility to trade the position. If you catch a bounce, then reduce the position and look to rebuy as conditions improve. Second, look to build the core position on strength rather than weakness. Don't just endlessly buy as the price goes lower. Make the stock prove that it has some relative strength before you trust it.Averaging into a position is standard bear market advice, but it has to be done right to be effective.","news_type":1},"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932523913,"gmtCreate":1662959183432,"gmtModify":1676537172021,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"It's on my watchlist now! Thank you","listText":"It's on my watchlist now! Thank you","text":"It's on my watchlist now! Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932523913","repostId":"2266642063","repostType":4,"isVote":1,"tweetType":1,"viewCount":518,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938231549,"gmtCreate":1662610255981,"gmtModify":1676537100684,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Banks with decades of experiences. I hope the fresh blood can create better market for us.","listText":"Banks with decades of experiences. I hope the fresh blood can create better market for us.","text":"Banks with decades of experiences. I hope the fresh blood can create better market for us.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938231549","repostId":"1196956145","repostType":4,"repost":{"id":"1196956145","kind":"news","pubTimestamp":1662608329,"share":"https://ttm.financial/m/news/1196956145?lang=&edition=fundamental","pubTime":"2022-09-08 11:38","market":"sg","language":"en","title":"GXS and Trust Digital Banks Have Launched: Should DBS, UOB and OCBC Worry?","url":"https://stock-news.laohu8.com/highlight/detail?id=1196956145","media":"smart investor","summary":"The wait is finally over.It has been nearly 21 months since the Monetary Authority of Singapore (MAS","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/599dc9c435dbd9303bef193451aefd5e\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>The wait is finally over.</p><p>It has been nearly 21 months since the Monetary Authority of Singapore (MAS) handed out fourdigital banking licencesto successful bidders.</p><p>Two of the licences are digital full bank (DFB) licences and were clinched by a consortium made up of ride-hailing firm <b>Grab</b>(NASDAQ: GRAB) andblue-chiptelco <b>Singtel</b>(SGX: Z74).</p><p>The other DFB licence was won by <b>Sea Limited</b>(NYSE: SE).</p><p>Just this week, the Grab-Singtel digital bank, GXS Bank, launched its first savings product to a limited customer base.</p><p>Not to be outdone, <b>Standard Chartered Bank</b>(LON: STAN) has partnered with Fairprice Group to launch their digital bank, Trust Bank, with savings accounts and credit card offerings for customers.</p><p>With these launches, should the trio of local banks, namely <b>DBS Group</b>(SGX: D05), <b>United Overseas Bank Ltd</b>(SGX: U11), or UOB, and <b>OCBC Ltd</b>(SGX: O39), get worried?</p><h2><b>A slew of benefits</b></h2><p>GXS has the first-mover advantage, being the first digital bank to launch its offerings. Thus far, Sea Limited’s digital bank, Maribank, has yet to showcase its products.</p><p>GXS’ savings account offers an interest rate of 0.08% accrued daily.</p><p>However, customers can create up to eight “pockets” designed for specific saving goals, each of which earns 1.58% interest per annum, also accrued daily.</p><p>These pockets are akin to a fixed deposit that offer more attractive interest rates to lock up funds for a specific period.</p><p>However, the total deposit cap for both the savings account and pockets is just S$5,000.</p><p>For Trust Bank, customers will enjoy an interest rate of 1% per annum on the first S$50,000 with NTUC Union members receiving an additional 0.4% interest on the same threshold of savings for making five eligible<b>Visa</b>(NYSE: V) purchases using their Trust card.</p><p>There is no minimum balance for the savings account and the credit card comes without annual fees, foreign transaction charges, cash advance fees or card replacement fees.</p><p>Both digital banks are launching with a slew of benefits to attract customers to sign up and open accounts with them, hoping to gradually build up the scale needed to achieve profitability.</p><h2><b>The unbanked and under-banked</b></h2><p>The original intention for MAS to launch the digital bank licences was for the new players to target both the unbanked and under-banked.</p><p>On this note, GXS Bank believes that it has a market potential of around three million customers in Singapore, implying that around half the population can be targeted as customers.</p><p>As a start, GXS is targeting the underserved segments of the population such as gig workers, entrepreneurs, and fresh workers.</p><p>Trust Bank, on the other hand, is focusing on a wider demographic that includes working adults who are Union members and shop for groceries regularly.</p><p>More importantly, the winners of the bid have had to demonstrate a path to profitability in their proposals to the central bank.</p><p>However, history has shown that digital banks have not fared well in developed markets such as Singapore.</p><p>As an example, digital banks had launched in Hong Kong with 6% interest rates on their deposit accounts to entice customers, but these rates have since fallen as the banks are unable to sustain them.</p><p>It’s questionable whether Singapore has sufficient numbers of under-served customers to enable each of these banks to achieve profitability.</p><p>Commercial strategy consultancy Simon-Kucher also released sobering statistics on digital banks, also known as Neobanks.</p><p>An analysis of 25 of the largest Neobanks in the world found that only two of them, or 4% of the cohort, had achieved profitability.</p><h2><b>The incumbents are no pushovers</b></h2><p>To make it even tougher for the newcomers, the incumbent banks are no slouches when it comes to digital offerings.</p><p>DBS Group was named the world’s best digital bank and was also named the global winner in The Banker’s Innovation in Digital Banking Awards.</p><p>Singapore’s largest lender has tapped on its technology infrastructure to facilitate digital payouts from the Singapore government during the pandemic, launched adigital exchangein late 2020, started a new blockchain payments joint venture, and has an artificial intelligence digital adviser NAV Planner.</p><p>Last month, UOB launched a new digital banking app for SMEs (small and medium enterprises) to allow them to access a full suite of digital solutions.</p><p>The local bank’s TMRW app is expected to acquire around 500,000 customers digitally by the end of this year.</p><p>OCBC is the first bank to allow CPF account top-ups from outside the CPF website, and customers can make these contributions through its banking app or internet banking platform.</p><p>All three banks have also recentlyupped their savings account ratesby raising the maximum interest rate tiers.</p><h2><b>Get Smart: No easy task for the digital banks</b></h2><p>The digital banks are launching with a bang by drumming up interest for their new deposit accounts and dangling attractive offers for customers.</p><p>However, it remains to be seen if they can gain the traction that they hope for.</p><p>It will be an uphill task to snare customers from the incumbents as they are no pushovers and will put up a strong fight.</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>GXS and Trust Digital Banks Have Launched: Should DBS, UOB and OCBC Worry?</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\">\nGXS and Trust Digital Banks Have Launched: Should DBS, UOB and OCBC Worry?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/gxs-and-trust-digital-banks-have-launched-should-dbs-uob-and-ocbc-worry/><strong>smart investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The wait is finally over.It has been nearly 21 months since the Monetary Authority of Singapore (MAS) handed out fourdigital banking licencesto successful bidders.Two of the licences are digital full ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/gxs-and-trust-digital-banks-have-launched-should-dbs-uob-and-ocbc-worry/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","D05.SI":"星展集团控股","GRAB":"Grab Holdings","O39.SI":"华侨银行","Z74.SI":"新电信","U11.SI":"大华银行"},"source_url":"https://thesmartinvestor.com.sg/gxs-and-trust-digital-banks-have-launched-should-dbs-uob-and-ocbc-worry/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196956145","content_text":"The wait is finally over.It has been nearly 21 months since the Monetary Authority of Singapore (MAS) handed out fourdigital banking licencesto successful bidders.Two of the licences are digital full bank (DFB) licences and were clinched by a consortium made up of ride-hailing firm Grab(NASDAQ: GRAB) andblue-chiptelco Singtel(SGX: Z74).The other DFB licence was won by Sea Limited(NYSE: SE).Just this week, the Grab-Singtel digital bank, GXS Bank, launched its first savings product to a limited customer base.Not to be outdone, Standard Chartered Bank(LON: STAN) has partnered with Fairprice Group to launch their digital bank, Trust Bank, with savings accounts and credit card offerings for customers.With these launches, should the trio of local banks, namely DBS Group(SGX: D05), United Overseas Bank Ltd(SGX: U11), or UOB, and OCBC Ltd(SGX: O39), get worried?A slew of benefitsGXS has the first-mover advantage, being the first digital bank to launch its offerings. Thus far, Sea Limited’s digital bank, Maribank, has yet to showcase its products.GXS’ savings account offers an interest rate of 0.08% accrued daily.However, customers can create up to eight “pockets” designed for specific saving goals, each of which earns 1.58% interest per annum, also accrued daily.These pockets are akin to a fixed deposit that offer more attractive interest rates to lock up funds for a specific period.However, the total deposit cap for both the savings account and pockets is just S$5,000.For Trust Bank, customers will enjoy an interest rate of 1% per annum on the first S$50,000 with NTUC Union members receiving an additional 0.4% interest on the same threshold of savings for making five eligibleVisa(NYSE: V) purchases using their Trust card.There is no minimum balance for the savings account and the credit card comes without annual fees, foreign transaction charges, cash advance fees or card replacement fees.Both digital banks are launching with a slew of benefits to attract customers to sign up and open accounts with them, hoping to gradually build up the scale needed to achieve profitability.The unbanked and under-bankedThe original intention for MAS to launch the digital bank licences was for the new players to target both the unbanked and under-banked.On this note, GXS Bank believes that it has a market potential of around three million customers in Singapore, implying that around half the population can be targeted as customers.As a start, GXS is targeting the underserved segments of the population such as gig workers, entrepreneurs, and fresh workers.Trust Bank, on the other hand, is focusing on a wider demographic that includes working adults who are Union members and shop for groceries regularly.More importantly, the winners of the bid have had to demonstrate a path to profitability in their proposals to the central bank.However, history has shown that digital banks have not fared well in developed markets such as Singapore.As an example, digital banks had launched in Hong Kong with 6% interest rates on their deposit accounts to entice customers, but these rates have since fallen as the banks are unable to sustain them.It’s questionable whether Singapore has sufficient numbers of under-served customers to enable each of these banks to achieve profitability.Commercial strategy consultancy Simon-Kucher also released sobering statistics on digital banks, also known as Neobanks.An analysis of 25 of the largest Neobanks in the world found that only two of them, or 4% of the cohort, had achieved profitability.The incumbents are no pushoversTo make it even tougher for the newcomers, the incumbent banks are no slouches when it comes to digital offerings.DBS Group was named the world’s best digital bank and was also named the global winner in The Banker’s Innovation in Digital Banking Awards.Singapore’s largest lender has tapped on its technology infrastructure to facilitate digital payouts from the Singapore government during the pandemic, launched adigital exchangein late 2020, started a new blockchain payments joint venture, and has an artificial intelligence digital adviser NAV Planner.Last month, UOB launched a new digital banking app for SMEs (small and medium enterprises) to allow them to access a full suite of digital solutions.The local bank’s TMRW app is expected to acquire around 500,000 customers digitally by the end of this year.OCBC is the first bank to allow CPF account top-ups from outside the CPF website, and customers can make these contributions through its banking app or internet banking platform.All three banks have also recentlyupped their savings account ratesby raising the maximum interest rate tiers.Get Smart: No easy task for the digital banksThe digital banks are launching with a bang by drumming up interest for their new deposit accounts and dangling attractive offers for customers.However, it remains to be seen if they can gain the traction that they hope for.It will be an uphill task to snare customers from the incumbents as they are no pushovers and will put up a strong fight.","news_type":1},"isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938341431,"gmtCreate":1662564883223,"gmtModify":1676537089562,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"I think so too","listText":"I think so too","text":"I think so too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938341431","repostId":"1114442415","repostType":4,"repost":{"id":"1114442415","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":1662564094,"share":"https://ttm.financial/m/news/1114442415?lang=&edition=fundamental","pubTime":"2022-09-07 23:21","market":"us","language":"en","title":"U.S. Stocks Took off in Morning Trading; Dow Jones, Nasdaq and S&P 500 Jumped Over 0.8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1114442415","media":"Tiger Newspress","summary":"U.S. stocks took off in morning trading; Dow Jones, Nasdaq and S&P 500 jumped over 0.8%.","content":"<html><head></head><body><p>U.S. stocks took off in morning trading; Dow Jones, Nasdaq and S&amp;P 500 jumped over 0.8%.<img src=\"https://static.tigerbbs.com/b2396906b5462a25f74f10cf0149e05f\" tg-width=\"623\" tg-height=\"114\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Took off in Morning Trading; Dow Jones, Nasdaq and S&P 500 Jumped Over 0.8%</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\">\nU.S. Stocks Took off in Morning Trading; Dow Jones, Nasdaq and S&P 500 Jumped Over 0.8%\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\">2022-09-07 23:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks took off in morning trading; Dow Jones, Nasdaq and S&amp;P 500 jumped over 0.8%.<img src=\"https://static.tigerbbs.com/b2396906b5462a25f74f10cf0149e05f\" tg-width=\"623\" tg-height=\"114\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114442415","content_text":"U.S. stocks took off in morning trading; Dow Jones, Nasdaq and S&P 500 jumped over 0.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938939771,"gmtCreate":1662538564493,"gmtModify":1676537083382,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938939771","repostId":"1106013145","repostType":4,"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938022413,"gmtCreate":1662526232532,"gmtModify":1676537080868,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thanks for the heads up","listText":"Thanks for the heads up","text":"Thanks for the heads up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938022413","repostId":"1186142915","repostType":4,"isVote":1,"tweetType":1,"viewCount":589,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938026160,"gmtCreate":1662525966351,"gmtModify":1676537080821,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank you","listText":"Thank you","text":"Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938026160","repostId":"1155750740","repostType":4,"repost":{"id":"1155750740","kind":"news","pubTimestamp":1662509028,"share":"https://ttm.financial/m/news/1155750740?lang=&edition=fundamental","pubTime":"2022-09-07 08:03","market":"sg","language":"en","title":"Win Streak May End For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1155750740","media":"RTTNews","summary":"The Singapore stock market has climbed higher in back-to-back sessions, gathering almost 20 points o","content":"<html><head></head><body><p>The Singapore stock market has climbed higher in back-to-back sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,225-point plateau, although it&#39;s expected to run out of steam on Wednesday.</p><p>The global forecast for the Asian markets is mixed to lower on inflation and interest rate concerns. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.</p><p>The STI finished modestly higher on Tuesday following mixed performance from the financial shares, property stocks and industrial issues.</p><p>For the day, the index improved 8.70 points or 0.27 percent to finish at 3,224.18 after trading between 3,217.17 and 3,234.45. Volume was 1.85 billion shares worth 957.2 million Singapore dollars. There were 247 decliners and 240 gainers.</p><p>Among the actives, Ascendas REIT lost 0.35 percent, while CapitaLand Integrated Commercial Trust rallied 0.98 percent, City Developments gained 0.24 percent, DBS Group fell 0.31 percent, Genting Singapore slumped 0.65 percent, Hongkong Land was down 0.21 percent, Keppel Corp and Mapletree Pan Asia Commercial Trust both advanced 0.54 percent, Mapletree Industrial Trust added 0.39 percent, Mapletree Logistics Trust climbed 0.59 percent, Oversea-Chinese Banking Corporation rose 0.17 percent, SATS jumped 1.25 percent, SembCorp Industries surged 4.50 percent, SingTel spiked 1.52 percent, Thai Beverage soared 1.60 percent, United Overseas Bank dipped 0.22 percent, Wilmar International slid 0.25 percent, Yangzijiang Shipbuilding shed 0.54 percent and Yangzijiang Financial, Singapore Exchange, Singapore Technologies Engineering, CapitaLand Investment and Comfort DelGro were unchanged.</p><p>The lead from Wall Street is negative as the major averages quickly moved lower on Tuesday, rebounded midday but then faced renewed consolidation that lasted throughout the rest of the session.</p><p>The choppy trading on Wall Street came as traders expressed some uncertainty about the near-term outlook for the markets following recent weakness.</p><p>The volatility on the day also came amid a surge in treasury yields, with the yield on the benchmark ten-year note jumping to its highest levels in almost three months.</p><p>Potentially adding to the worries about interest rates, the Institute for Supply Management said service sector activity in the U.S. unexpectedly grew at a slightly faster rate in August. The report is a positive sign for the economy but may have led to concerns the Federal Reserve will see the data as an indication that it can continue to aggressively raise interest rates.</p><p>Oil futures settled barely higher on Tuesday after the decision by OPEC+ to cut output by 100,000 barrels per day in October, although the dollar&#39;s uptick limited oil&#39;s upside. West Texas Intermediate Crude oil futures for October ended higher by a penny or $0.09% at $86.88 a barrel.</p></body></html>","source":"lsy1626938412129","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>Win Streak May End For Singapore Stock Market</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\">\nWin Streak May End For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3309592/win-streak-may-end-for-singapore-stock-market.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has climbed higher in back-to-back sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,225-point plateau,...</p>\n\n<a href=\"https://www.rttnews.com/3309592/win-streak-may-end-for-singapore-stock-market.aspx\">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.rttnews.com/3309592/win-streak-may-end-for-singapore-stock-market.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155750740","content_text":"The Singapore stock market has climbed higher in back-to-back sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,225-point plateau, although it's expected to run out of steam on Wednesday.The global forecast for the Asian markets is mixed to lower on inflation and interest rate concerns. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.The STI finished modestly higher on Tuesday following mixed performance from the financial shares, property stocks and industrial issues.For the day, the index improved 8.70 points or 0.27 percent to finish at 3,224.18 after trading between 3,217.17 and 3,234.45. Volume was 1.85 billion shares worth 957.2 million Singapore dollars. There were 247 decliners and 240 gainers.Among the actives, Ascendas REIT lost 0.35 percent, while CapitaLand Integrated Commercial Trust rallied 0.98 percent, City Developments gained 0.24 percent, DBS Group fell 0.31 percent, Genting Singapore slumped 0.65 percent, Hongkong Land was down 0.21 percent, Keppel Corp and Mapletree Pan Asia Commercial Trust both advanced 0.54 percent, Mapletree Industrial Trust added 0.39 percent, Mapletree Logistics Trust climbed 0.59 percent, Oversea-Chinese Banking Corporation rose 0.17 percent, SATS jumped 1.25 percent, SembCorp Industries surged 4.50 percent, SingTel spiked 1.52 percent, Thai Beverage soared 1.60 percent, United Overseas Bank dipped 0.22 percent, Wilmar International slid 0.25 percent, Yangzijiang Shipbuilding shed 0.54 percent and Yangzijiang Financial, Singapore Exchange, Singapore Technologies Engineering, CapitaLand Investment and Comfort DelGro were unchanged.The lead from Wall Street is negative as the major averages quickly moved lower on Tuesday, rebounded midday but then faced renewed consolidation that lasted throughout the rest of the session.The choppy trading on Wall Street came as traders expressed some uncertainty about the near-term outlook for the markets following recent weakness.The volatility on the day also came amid a surge in treasury yields, with the yield on the benchmark ten-year note jumping to its highest levels in almost three months.Potentially adding to the worries about interest rates, the Institute for Supply Management said service sector activity in the U.S. unexpectedly grew at a slightly faster rate in August. The report is a positive sign for the economy but may have led to concerns the Federal Reserve will see the data as an indication that it can continue to aggressively raise interest rates.Oil futures settled barely higher on Tuesday after the decision by OPEC+ to cut output by 100,000 barrels per day in October, although the dollar's uptick limited oil's upside. West Texas Intermediate Crude oil futures for October ended higher by a penny or $0.09% at $86.88 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931920763,"gmtCreate":1662386139052,"gmtModify":1676537049738,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":":) thank u","listText":":) thank u","text":":) thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9931920763","repostId":"1184422156","repostType":4,"repost":{"id":"1184422156","kind":"news","pubTimestamp":1662382927,"share":"https://ttm.financial/m/news/1184422156?lang=&edition=fundamental","pubTime":"2022-09-05 21:02","market":"us","language":"en","title":"Nvidia Stock: Is the Recent Correction an Opportunity for Investors?","url":"https://stock-news.laohu8.com/highlight/detail?id=1184422156","media":"TipRanks","summary":"Story HighlightsNvidia stock has lost substantial value in the recent past. However, the ongoing hea","content":"<div>\n<p>Story HighlightsNvidia stock has lost substantial value in the recent past. However, the ongoing headwinds and negative signals from hedge funds and insiders imply that NVDA stock could remain under ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nvidia-nasdaqnvda-stock-is-the-correction-an-opportunity-to-invest\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>Nvidia Stock: Is the Recent Correction an Opportunity for Investors?</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\">\nNvidia Stock: Is the Recent Correction an Opportunity for Investors?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/nvidia-nasdaqnvda-stock-is-the-correction-an-opportunity-to-invest><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsNvidia stock has lost substantial value in the recent past. However, the ongoing headwinds and negative signals from hedge funds and insiders imply that NVDA stock could remain under ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nvidia-nasdaqnvda-stock-is-the-correction-an-opportunity-to-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.tipranks.com/news/article/nvidia-nasdaqnvda-stock-is-the-correction-an-opportunity-to-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184422156","content_text":"Story HighlightsNvidia stock has lost substantial value in the recent past. However, the ongoing headwinds and negative signals from hedge funds and insiders imply that NVDA stock could remain under pressure in the short term.Shares of tech giant Nvidia (NASDAQ:NVDA) have lost substantial value this year. A slowdown in growth and overall selling in tech stocks weighed on its share price. Despite the decline, NVDA stock has negative signals from hedge funds, corporate insiders, and retail investors, implying the stock could remain pressured in the short term.But before reaching a conclusion, let’s examine why Nvidia stock is down and what’s on the horizon for its investors.Why Is Nvidia Share Price Falling?Nvidia manufactures ICs (integrated circuits) and high-end GPUs (graphics processing units). It witnessed an overwhelming demand for its products, leading to a rally in its stock price. Come 2022, Russia’s invasion of Ukraine, COVID-led restrictions in China, and macro weakness across many parts of the world weighed on Nvidia’s growth and dragged its stock down.It’s worth mentioning that NVDA stock has lost over 50% of its value this year alone. While macro and geopolitical headwinds continue to play spoilsport, the U.S. government’s hardened stance to prevent technology transfers to China (including Hong Kong) and Russia andthe new license requirement for exportsto these countries further pose challenges.What Is the Prediction for Nvidia Stock?Analysts remain cautiously optimistic about Nvidia’s prospect, given the increase in headwinds and a slowdown in its business. NVDA stock sports a Moderate Buy consensus rating on TipRanks based on 23 Buys and eight Holds. Further, due to a noteworthy decline in its price,NVDA’s average price target of $209.60implies 53.6% upside potential.Moreover, as stated above, hedge fund managers, corporate insiders, and retail investors have lowered their exposure to NVDA stock.Hedge funds sold 417.9K NVDA stock last quarter. Meanwhile, insiders sold NVDA stock worth 36M during the same period. Also, 0.8% of investors holding portfolios on TipRanks lowered their exposure to NVDA stock in the last 30 days. Overall, NVDA stock carries a Neutral Smart Score of four out of 10.Bottom Line: Ongoing Headwinds to Limit Upside in the Short TermThe U.S. government’s license requirement for exporting its A100 and forthcoming H100 ICs to China and Russia, continued sales decline in the gaming and professional visualization segment, a slowdown in the data center revenues, and supply constraints could limit the upside in NVDA stock in the short term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933832242,"gmtCreate":1662258248786,"gmtModify":1676537025902,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank u","listText":"Thank u","text":"Thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933832242","repostId":"1193288218","repostType":4,"repost":{"id":"1193288218","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":1662130587,"share":"https://ttm.financial/m/news/1193288218?lang=&edition=fundamental","pubTime":"2022-09-02 22:56","market":"us","language":"en","title":"AMC Stock Rises Over 4% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1193288218","media":"Tiger Newspress","summary":"AMC And Other Theater Chains Are Offering $3 Tickets For This Saturday","content":"<html><head></head><body><p>AMC Stock Rises 4.3% in Morning Trading.</p><p>AMC And Other Theater Chains Are Offering $3 Tickets For This Saturday.</p><p><img src=\"https://static.tigerbbs.com/50144ca228e0051ea3568c9e87f75b30\" tg-width=\"788\" tg-height=\"672\" width=\"100%\" height=\"auto\"/></p><p>To commemorate the inaugural National Cinema Day that is observed on Sept. 3, more than 3,000 theaters with over 30,000 screens would provide discounted ticket prices of no more than $3, Cinema Foundation, the non-profit arm of the National Association of Theaters owners said in a release this weekend.&#39;</p><p>This compares to the average cost of around $9.57 for a movie ticket in the U.S. in 2021.</p><p>The discounted offering is promoted as a show of gratitude to moviegoers who were responsible for the summer’s record-breaking return to cinemas after the COVID-19 pandemic that raged in 2020 and much of 2021.</p><p>“We’re doing it by offering a ‘thank you’ to the moviegoers that made this summer happen, and by offering an extra enticement for those who haven’t made it back yet,” said Cinema Foundation President Jackie Brenneman.</p><p>Participating Theaters: Major theater chains in the U.S., including <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment Holdings, Inc.</a>, and Cinemark Holdings, Inc. Regal, which is operated by Cineworld Group plc, have all confirmed participating in the promotional program.</p><p>AMC tweeted the offer on its Twitter handle, stating all tickets, including IMAX and Dolby Cinema, are just $3, excluding tax, and its fountain drink and popcorn cameo combo costs $5, plus tax.</p><p>The theater chain already offers a discounted ticket pricing of $5 to AMC Stub members every Tuesday.</p><p>Regal, which operates 6,769 screens in 504 theatres in 43 states, also made an announcement for National Cinema Day in a press statement. “The one-day only event will feature all movie tickets for only $3, including all premium format screens,” it said.</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>AMC Stock Rises Over 4% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Stock Rises Over 4% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-02 22:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>AMC Stock Rises 4.3% in Morning Trading.</p><p>AMC And Other Theater Chains Are Offering $3 Tickets For This Saturday.</p><p><img src=\"https://static.tigerbbs.com/50144ca228e0051ea3568c9e87f75b30\" tg-width=\"788\" tg-height=\"672\" width=\"100%\" height=\"auto\"/></p><p>To commemorate the inaugural National Cinema Day that is observed on Sept. 3, more than 3,000 theaters with over 30,000 screens would provide discounted ticket prices of no more than $3, Cinema Foundation, the non-profit arm of the National Association of Theaters owners said in a release this weekend.&#39;</p><p>This compares to the average cost of around $9.57 for a movie ticket in the U.S. in 2021.</p><p>The discounted offering is promoted as a show of gratitude to moviegoers who were responsible for the summer’s record-breaking return to cinemas after the COVID-19 pandemic that raged in 2020 and much of 2021.</p><p>“We’re doing it by offering a ‘thank you’ to the moviegoers that made this summer happen, and by offering an extra enticement for those who haven’t made it back yet,” said Cinema Foundation President Jackie Brenneman.</p><p>Participating Theaters: Major theater chains in the U.S., including <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment Holdings, Inc.</a>, and Cinemark Holdings, Inc. Regal, which is operated by Cineworld Group plc, have all confirmed participating in the promotional program.</p><p>AMC tweeted the offer on its Twitter handle, stating all tickets, including IMAX and Dolby Cinema, are just $3, excluding tax, and its fountain drink and popcorn cameo combo costs $5, plus tax.</p><p>The theater chain already offers a discounted ticket pricing of $5 to AMC Stub members every Tuesday.</p><p>Regal, which operates 6,769 screens in 504 theatres in 43 states, also made an announcement for National Cinema Day in a press statement. “The one-day only event will feature all movie tickets for only $3, including all premium format screens,” it said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193288218","content_text":"AMC Stock Rises 4.3% in Morning Trading.AMC And Other Theater Chains Are Offering $3 Tickets For This Saturday.To commemorate the inaugural National Cinema Day that is observed on Sept. 3, more than 3,000 theaters with over 30,000 screens would provide discounted ticket prices of no more than $3, Cinema Foundation, the non-profit arm of the National Association of Theaters owners said in a release this weekend.'This compares to the average cost of around $9.57 for a movie ticket in the U.S. in 2021.The discounted offering is promoted as a show of gratitude to moviegoers who were responsible for the summer’s record-breaking return to cinemas after the COVID-19 pandemic that raged in 2020 and much of 2021.“We’re doing it by offering a ‘thank you’ to the moviegoers that made this summer happen, and by offering an extra enticement for those who haven’t made it back yet,” said Cinema Foundation President Jackie Brenneman.Participating Theaters: Major theater chains in the U.S., including AMC Entertainment Holdings, Inc., and Cinemark Holdings, Inc. Regal, which is operated by Cineworld Group plc, have all confirmed participating in the promotional program.AMC tweeted the offer on its Twitter handle, stating all tickets, including IMAX and Dolby Cinema, are just $3, excluding tax, and its fountain drink and popcorn cameo combo costs $5, plus tax.The theater chain already offers a discounted ticket pricing of $5 to AMC Stub members every Tuesday.Regal, which operates 6,769 screens in 504 theatres in 43 states, also made an announcement for National Cinema Day in a press statement. “The one-day only event will feature all movie tickets for only $3, including all premium format screens,” it said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9966453917,"gmtCreate":1669622635839,"gmtModify":1676538214903,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank u","listText":"Thank u","text":"Thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966453917","repostId":"2286817995","repostType":2,"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931920763,"gmtCreate":1662386139052,"gmtModify":1676537049738,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":":) thank u","listText":":) thank u","text":":) thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9931920763","repostId":"1184422156","repostType":4,"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938231549,"gmtCreate":1662610255981,"gmtModify":1676537100684,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Banks with decades of experiences. I hope the fresh blood can create better market for us.","listText":"Banks with decades of experiences. I hope the fresh blood can create better market for us.","text":"Banks with decades of experiences. I hope the fresh blood can create better market for us.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938231549","repostId":"1196956145","repostType":4,"isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916712433,"gmtCreate":1664679015523,"gmtModify":1676537493217,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank u","listText":"Thank u","text":"Thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916712433","repostId":"1165265303","repostType":4,"repost":{"id":"1165265303","kind":"news","pubTimestamp":1664674967,"share":"https://ttm.financial/m/news/1165265303?lang=&edition=fundamental","pubTime":"2022-10-02 09:42","market":"other","language":"en","title":"How Long Will The Crypto Bear Market Last? A Look At Previous Downturns","url":"https://stock-news.laohu8.com/highlight/detail?id=1165265303","media":"Benzinga","summary":"ZINGER KEY POINTSFactors influencing the S&P 500 are likely to affect cryptos as well.A typical cryp","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Factors influencing the S&amp;P 500 are likely to affect cryptos as well.</li><li>A typical crypto bear market lasts for 306 days, but it could be different this time.</li></ul><p>With the cryptocurrency market being in its fifth historic bear market, which began in November last year, prices of major tokens have declined substantially from their all-time highs.</p><p>How long will the current bear market last, is the question everyone is asking.</p><p>By analyzing historical data and fusing observations from previous bad markets and recessions over the past 100 years, we attempt to provide an answer to this question.</p><p>How do the terms &#34;bear market,&#34; &#34;recession,&#34; and &#34;depression&#34; differ?</p><p>We must first define these terms to comprehend what we are talking about.</p><p><b>Bear Market</b></p><p>When the price of stocks or cryptocurrencies drops by 20% or more and the slide continues for at least two months, it is considered to be in a bear market.</p><p>Bear markets occur frequently. In the stock market, they typically happen every three to four years. The intervals between bear cycles in crypto markets are shorter, at about 2 years.</p><p><b>Recession</b></p><p>A recession is commonly defined as an economic downturn lasting at least two consecutive quarters, as measured by a reduction in the gross domestic product (GDP).</p><p>They occur every 10 years on average.</p><p>It is crucial to realize that, even though crypto bear markets frequently overlap with financial markets, a recession affects more than just the financial markets.</p><p>The entire economy is slowing down during a recession.</p><p><b>Depression</b></p><p>A three-year or longer recession is considered to be a depression.</p><p>The U.S. downturn of the 1930s is one extremely unusual instance of depression.</p><p>Over the past century, several depressions have occurred in various countries globally.</p><p><img src=\"https://static.tigerbbs.com/ba8f05fe6be2e0e8c55b3618f1978a53\" tg-width=\"3840\" tg-height=\"2778\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>The present and historical economic downturns in the U.S. are illustrated in this graph.</p><p>It demonstrates the extent of the S&amp;P 500&#39;s drop and the duration of each bear market during the last 90 years.</p><p>This graph does not include the 2000 bear market because it lasted for more than 600 days.</p><p>Compared to certain historical precedents, the current bear cycle for U.S. stock markets, which started in January 2022, might still be regarded to be fairly mild.</p><p>When analyzing the crypto bear market, why consider the U.S. stock market?</p><p>There are numerous parallels between the two financial markets.</p><p>Since the stock markets have a far longer history, there is a lot to be learned from them.</p><p>Cryptocurrencies and US stock markets have a strong link.</p><p>Therefore, a rise or fall in the stock market is very likely to affect the crypto market as well.</p><p>In other words, anything that influences the S&amp;P 500 is likely to have an effect on the crypto markets as well.</p><p>Based on the current data, we can draw initial conclusions:</p><p><b>Are we in a bear market?</b></p><p>Yes. For several months, both the cryptocurrency and stock markets have seen huge losses.</p><p><b>Have we entered a recession?</b></p><p>Yes. The global economy has only gotten worse since the start of 2022 and has now had two consecutive quarters of negative growth, which is critical.</p><p>And with the worst expected in the future, the recession may continue to affect us far beyond 2023.</p><p><b>Are we in a depression?</b></p><p>Not yet. This would require the present economic crisis to continue through 2024–2025.</p><p><b>What have previous crypto bear markets taught us?</b></p><p>What else can we infer from historical data now that we are aware of our current economic situation?</p><p>One apparent first approach is to consider how long and how sharply previous crypto bear markets have declined.</p><p>2011–2012 market downturn</p><p>Duration: 185 days + months of sideways market movement.</p><p>Reduction: -40%</p><p>2013-2015 bear market</p><p>Duration: 415 days plus months of sideways market movement.</p><p>Reduction: -83%</p><p>2017–2018 market gloom</p><p>Duration: 365 days plus the sideways-moving months.</p><p>Reduction: -84%</p><p>Bear market in 2019–2020</p><p>Approximately 260 days.</p><p>Reduced by -62%</p><p>As we can see, the typical crypto bear market experienced a draw-down of roughly 61% and lasted for 306 days, plus a lot of sideways movement in the months that followed.</p><p><b>But it could be different this time</b></p><p>As discussed earlier, we are now entering a recession, and this is the first time a crypto bear cycle and a recession have coincided.</p><p>What possible repercussions may this have?</p><p><img src=\"https://static.tigerbbs.com/fd4a677496cf723f9aa6f172a93ba828\" tg-width=\"2048\" tg-height=\"1182\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Bear markets in the S&amp;P 500 are far shorter when they do not coincide with a recession than they are when both are happening at the same time.</p><p>Non-recessionary bear cycles in the US stock markets typically only last a few months and result in a draw-down of around 22%.</p><p>The rehabilitation process typically takes 11 months to reach the former high.</p><p>However, markets lose value by 30% on average during a recession.</p><p>The median amount of time it takes to rebound to the previous high once the bottom is established is 48 months.</p><p>Does this all imply that the current crypto bear market may be more severe and prolonged than previous ones?</p><p>Without a doubt, that is possible.</p><p>Additionally, a quick return to stronger market prospects is unlikely given the broader macroeconomic circumstances.</p><p>Any good news then?</p><p><img src=\"https://static.tigerbbs.com/837ab5313af25a4ef65ddc6b17fe67b7\" tg-width=\"3840\" tg-height=\"2149\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Yes. Technical charts are showing some positivity.</p><p>The relative strength index (RSI) for the month is at the same extremely low level as it was at the conclusion of the bear markets in 2013–2015, 2017–2018, and 2019–2020.</p><p>This was a signal that the bottom was getting close to previous bear cycles.</p><p><b>Conclusion</b></p><p>It does not seem like this negative cycle will stop anytime soon based on historical data.</p><p>We still need to prepare for several months of declining pricing or, at the very least, flat prices.</p><p>But we also know from history that the mood towards cryptos may shift suddenly.</p><p>In any situation that arises, it is important to maintain composure.</p><p>Contrary to popular belief, the last third of a bear market is when investors often experience their worst losses.</p></body></html>","source":"lsy1606299360108","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 Long Will The Crypto Bear Market Last? A Look At Previous Downturns</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 Long Will The Crypto Bear Market Last? A Look At Previous Downturns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-02 09:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/22/10/29109313/how-long-will-the-crypto-bear-market-last><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSFactors influencing the S&P 500 are likely to affect cryptos as well.A typical crypto bear market lasts for 306 days, but it could be different this time.With the cryptocurrency ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/22/10/29109313/how-long-will-the-crypto-bear-market-last\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/markets/cryptocurrency/22/10/29109313/how-long-will-the-crypto-bear-market-last","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165265303","content_text":"ZINGER KEY POINTSFactors influencing the S&P 500 are likely to affect cryptos as well.A typical crypto bear market lasts for 306 days, but it could be different this time.With the cryptocurrency market being in its fifth historic bear market, which began in November last year, prices of major tokens have declined substantially from their all-time highs.How long will the current bear market last, is the question everyone is asking.By analyzing historical data and fusing observations from previous bad markets and recessions over the past 100 years, we attempt to provide an answer to this question.How do the terms \"bear market,\" \"recession,\" and \"depression\" differ?We must first define these terms to comprehend what we are talking about.Bear MarketWhen the price of stocks or cryptocurrencies drops by 20% or more and the slide continues for at least two months, it is considered to be in a bear market.Bear markets occur frequently. In the stock market, they typically happen every three to four years. The intervals between bear cycles in crypto markets are shorter, at about 2 years.RecessionA recession is commonly defined as an economic downturn lasting at least two consecutive quarters, as measured by a reduction in the gross domestic product (GDP).They occur every 10 years on average.It is crucial to realize that, even though crypto bear markets frequently overlap with financial markets, a recession affects more than just the financial markets.The entire economy is slowing down during a recession.DepressionA three-year or longer recession is considered to be a depression.The U.S. downturn of the 1930s is one extremely unusual instance of depression.Over the past century, several depressions have occurred in various countries globally.The present and historical economic downturns in the U.S. are illustrated in this graph.It demonstrates the extent of the S&P 500's drop and the duration of each bear market during the last 90 years.This graph does not include the 2000 bear market because it lasted for more than 600 days.Compared to certain historical precedents, the current bear cycle for U.S. stock markets, which started in January 2022, might still be regarded to be fairly mild.When analyzing the crypto bear market, why consider the U.S. stock market?There are numerous parallels between the two financial markets.Since the stock markets have a far longer history, there is a lot to be learned from them.Cryptocurrencies and US stock markets have a strong link.Therefore, a rise or fall in the stock market is very likely to affect the crypto market as well.In other words, anything that influences the S&P 500 is likely to have an effect on the crypto markets as well.Based on the current data, we can draw initial conclusions:Are we in a bear market?Yes. For several months, both the cryptocurrency and stock markets have seen huge losses.Have we entered a recession?Yes. The global economy has only gotten worse since the start of 2022 and has now had two consecutive quarters of negative growth, which is critical.And with the worst expected in the future, the recession may continue to affect us far beyond 2023.Are we in a depression?Not yet. This would require the present economic crisis to continue through 2024–2025.What have previous crypto bear markets taught us?What else can we infer from historical data now that we are aware of our current economic situation?One apparent first approach is to consider how long and how sharply previous crypto bear markets have declined.2011–2012 market downturnDuration: 185 days + months of sideways market movement.Reduction: -40%2013-2015 bear marketDuration: 415 days plus months of sideways market movement.Reduction: -83%2017–2018 market gloomDuration: 365 days plus the sideways-moving months.Reduction: -84%Bear market in 2019–2020Approximately 260 days.Reduced by -62%As we can see, the typical crypto bear market experienced a draw-down of roughly 61% and lasted for 306 days, plus a lot of sideways movement in the months that followed.But it could be different this timeAs discussed earlier, we are now entering a recession, and this is the first time a crypto bear cycle and a recession have coincided.What possible repercussions may this have?Bear markets in the S&P 500 are far shorter when they do not coincide with a recession than they are when both are happening at the same time.Non-recessionary bear cycles in the US stock markets typically only last a few months and result in a draw-down of around 22%.The rehabilitation process typically takes 11 months to reach the former high.However, markets lose value by 30% on average during a recession.The median amount of time it takes to rebound to the previous high once the bottom is established is 48 months.Does this all imply that the current crypto bear market may be more severe and prolonged than previous ones?Without a doubt, that is possible.Additionally, a quick return to stronger market prospects is unlikely given the broader macroeconomic circumstances.Any good news then?Yes. Technical charts are showing some positivity.The relative strength index (RSI) for the month is at the same extremely low level as it was at the conclusion of the bear markets in 2013–2015, 2017–2018, and 2019–2020.This was a signal that the bottom was getting close to previous bear cycles.ConclusionIt does not seem like this negative cycle will stop anytime soon based on historical data.We still need to prepare for several months of declining pricing or, at the very least, flat prices.But we also know from history that the mood towards cryptos may shift suddenly.In any situation that arises, it is important to maintain composure.Contrary to popular belief, the last third of a bear market is when investors often experience their worst losses.","news_type":1},"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937786559,"gmtCreate":1663506403771,"gmtModify":1676537280640,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank you!","listText":"Thank you!","text":"Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9937786559","repostId":"1175700857","repostType":4,"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938341431,"gmtCreate":1662564883223,"gmtModify":1676537089562,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"I think so too","listText":"I think so too","text":"I think so too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938341431","repostId":"1114442415","repostType":4,"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981042622,"gmtCreate":1666358347667,"gmtModify":1676537746326,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$</a>Let's go treasure hunting in the sea!","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$</a>Let's go treasure hunting in the sea!","text":"$Sea Ltd(SE)$Let's go treasure hunting in the sea!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981042622","isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932523913,"gmtCreate":1662959183432,"gmtModify":1676537172021,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"It's on my watchlist now! Thank you","listText":"It's on my watchlist now! Thank you","text":"It's on my watchlist now! Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932523913","repostId":"2266642063","repostType":4,"isVote":1,"tweetType":1,"viewCount":518,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919343354,"gmtCreate":1663738630979,"gmtModify":1676537326887,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thanks for the heads up!","listText":"Thanks for the heads up!","text":"Thanks for the heads up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919343354","repostId":"1126746547","repostType":2,"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938022413,"gmtCreate":1662526232532,"gmtModify":1676537080868,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thanks for the heads up","listText":"Thanks for the heads up","text":"Thanks for the heads up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938022413","repostId":"1186142915","repostType":4,"repost":{"id":"1186142915","kind":"news","pubTimestamp":1662519658,"share":"https://ttm.financial/m/news/1186142915?lang=&edition=fundamental","pubTime":"2022-09-07 11:00","market":"us","language":"en","title":"3 Hot Stocks to Avoid as an Aggressive Fed Tries to Cool the Economy","url":"https://stock-news.laohu8.com/highlight/detail?id=1186142915","media":"InvestorPlace","summary":"Expect more pain ahead for these popular stocks","content":"<html><head></head><body><ul><li>With the Fed continuing to hike interest rates, these three stocks could see more downside.</li><li><b>Bed Bath &amp; Beyond</b> (<b>BBBY</b>): To say the company is in turmoil right now is putting it lightly.</li><li><b>DocuSign</b> (<b>DOCU</b>): This former pandemic star is being judged much more harshly than it was during the bull market.</li><li><b>U.S. Steel</b> (<b>X</b>): The macroeconomic picture does not bode well for the steel producer.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d04a6e1f28c97aaed50f912b18b4348\" tg-width=\"1024\" tg-height=\"576\" referrerpolicy=\"no-referrer\"/><span>Source: Shutterstock</span></p><p>In a search for growth, many investors have done well seeking out popular stocks. Whether it’s meme stocks discussed on forums such as<b>Reddit’s</b>WallStreetBets or options-driven tech stocks, there are plenty of rags-to-riches stories amid the market mania of recent years. Of course, there are also hot stocks to avoid, particularly for investors who believe another bull market may not be right around the corner.</p><p>Various macro indicators suggest we could be due for a prolonged period of pain in equity markets. Along with still-stretched valuations, many companies are seeing margin pressures as inflation rears its ugly head. Meanwhile, the Federal Reserve is seeking to cool inflation by hiking interest rates. Analysts are revising earnings estimates lower, suggesting the fundamental growth stories many investors bought into may not be so solid.</p><p>For those taking a more cautious view of the markets, here are three hot stocks to avoid.</p><p><b>Bed Bath &amp; Beyond (BBBY)</b></p><p><b>Bed Bath &amp; Beyond</b> (NASDAQ:<b><u>BBBY</u></b>) has once again become a meme stock sensation. Along with other retail investor favorites that soared last month, BBBY stock has given up most of its gains in recent weeks.</p><p>News this weekend that the company’s CFO died by suicide doesn’t necessarily inspire confidence. An insider trading lawsuit alleging a “pump-and-dump” scheme by executives may have played a role in the tragic event.</p><p>Whatever the case, investors today appear much less willing to believe in the stock’s next parabolic surge. For a company that hasn’t traded on fundamentals in some time, this negative headline may be the final nail in the proverbial coffin for the troubled retailer.</p><p>The company recently said it would lay off 20% of its workforce, do away with some of its in-house home goods brands and close approximately 150 stores. To stabilize the business through the holiday season, the company is also considering raising new capital as it confronts plummeting sales. Management’s plan to sell up to 12 million shares will be dilutive for investors and is not being viewed positively on Wall Street.</p><p>Should vendors start distancing themselves from Bed Bath &amp; Beyond, a death spiral occur in the near to medium term. Accordingly, BBBY stock is simply too risky for most investors to own right now.</p><p><b>DocuSign (DOCU)</b></p><p>A leading electronic signature and contract management company, <b>DocuSign</b> (NASDAQ:<b><u>DOCU</u></b>) has been a high-flyer in recent years. Much of this growth can be tied to the pandemic, which saw demand for e-signatures surge as work-from-home policies became the norm.</p><p>Of course, with a return to office underway, this tailwind has weakened. Like other pandemic-era darlings, investors now appear to be pricing DOCU stock on the basis of its fundamentals alone.</p><p>Now, DocuSign does have a compelling business model. Operating as a software-as-a-service (SAAS) company, DocuSign’s cash flows are attractive to many investors. Additionally, management’s goal of hitting $5 billion in annual revenue still resonates with some investors. However, roughly doubling its revenue base may be difficult in the current macro environment.</p><p>Thus, for those looking to de-risk in this time of uncertainty, DOCU is clearly one of the stocks to avoid.</p><p><b>U.S. Steel (X)</b></p><p><b>U.S. Steel</b> (NYSE:<b><u>X</u></b>), as its name suggests, is a massive steel producer, focusing on tubular and flat-rolled steel products aimed at the North American and European markets.</p><p>In this post-pandemic era, demand for steel domestically and abroad has surged. After dipping below the $5 level during the depths of the pandemic, shares surged to a high above $39 in April of this year. That’s quite the rebound. However, like many commodities-related stocks, U.S. Steel has been hit hard by this macro environment and currently sits 44% below its 52-week high.</p><p>The potential for more interest rate hikes should, at least in theory, dampen demand for all goods. Steel is an essential component used in most infrastructure and the manufacturing of many goods such as automobiles and durable goods. Less demand in the overall economy means a deteriorating outlook for U.S. Steel. Unfortunately, it’s really that simple.</p><p>Now trading around $22 per share, perhaps X stock is a steal at these levels. Like other cyclical stocks, buying low and selling high has been a good long-term strategy. However, picking the tops and bottoms of any cycle is nearly impossible. Accordingly, those looking for more “sure” bets may want to avoid U.S. Steel.</p></body></html>","source":"investorplace","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>3 Hot Stocks to Avoid as an Aggressive Fed Tries to Cool the Economy</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\">\n3 Hot Stocks to Avoid as an Aggressive Fed Tries to Cool the Economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/3-hot-stocks-to-avoid-as-an-aggressive-fed-tries-to-cool-the-economy/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the Fed continuing to hike interest rates, these three stocks could see more downside.Bed Bath & Beyond (BBBY): To say the company is in turmoil right now is putting it lightly.DocuSign (DOCU): ...</p>\n\n<a href=\"https://investorplace.com/2022/09/3-hot-stocks-to-avoid-as-an-aggressive-fed-tries-to-cool-the-economy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOCU":"Docusign","X":"美国钢铁","BBBY":"3B家居"},"source_url":"https://investorplace.com/2022/09/3-hot-stocks-to-avoid-as-an-aggressive-fed-tries-to-cool-the-economy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186142915","content_text":"With the Fed continuing to hike interest rates, these three stocks could see more downside.Bed Bath & Beyond (BBBY): To say the company is in turmoil right now is putting it lightly.DocuSign (DOCU): This former pandemic star is being judged much more harshly than it was during the bull market.U.S. Steel (X): The macroeconomic picture does not bode well for the steel producer.Source: ShutterstockIn a search for growth, many investors have done well seeking out popular stocks. Whether it’s meme stocks discussed on forums such asReddit’sWallStreetBets or options-driven tech stocks, there are plenty of rags-to-riches stories amid the market mania of recent years. Of course, there are also hot stocks to avoid, particularly for investors who believe another bull market may not be right around the corner.Various macro indicators suggest we could be due for a prolonged period of pain in equity markets. Along with still-stretched valuations, many companies are seeing margin pressures as inflation rears its ugly head. Meanwhile, the Federal Reserve is seeking to cool inflation by hiking interest rates. Analysts are revising earnings estimates lower, suggesting the fundamental growth stories many investors bought into may not be so solid.For those taking a more cautious view of the markets, here are three hot stocks to avoid.Bed Bath & Beyond (BBBY)Bed Bath & Beyond (NASDAQ:BBBY) has once again become a meme stock sensation. Along with other retail investor favorites that soared last month, BBBY stock has given up most of its gains in recent weeks.News this weekend that the company’s CFO died by suicide doesn’t necessarily inspire confidence. An insider trading lawsuit alleging a “pump-and-dump” scheme by executives may have played a role in the tragic event.Whatever the case, investors today appear much less willing to believe in the stock’s next parabolic surge. For a company that hasn’t traded on fundamentals in some time, this negative headline may be the final nail in the proverbial coffin for the troubled retailer.The company recently said it would lay off 20% of its workforce, do away with some of its in-house home goods brands and close approximately 150 stores. To stabilize the business through the holiday season, the company is also considering raising new capital as it confronts plummeting sales. Management’s plan to sell up to 12 million shares will be dilutive for investors and is not being viewed positively on Wall Street.Should vendors start distancing themselves from Bed Bath & Beyond, a death spiral occur in the near to medium term. Accordingly, BBBY stock is simply too risky for most investors to own right now.DocuSign (DOCU)A leading electronic signature and contract management company, DocuSign (NASDAQ:DOCU) has been a high-flyer in recent years. Much of this growth can be tied to the pandemic, which saw demand for e-signatures surge as work-from-home policies became the norm.Of course, with a return to office underway, this tailwind has weakened. Like other pandemic-era darlings, investors now appear to be pricing DOCU stock on the basis of its fundamentals alone.Now, DocuSign does have a compelling business model. Operating as a software-as-a-service (SAAS) company, DocuSign’s cash flows are attractive to many investors. Additionally, management’s goal of hitting $5 billion in annual revenue still resonates with some investors. However, roughly doubling its revenue base may be difficult in the current macro environment.Thus, for those looking to de-risk in this time of uncertainty, DOCU is clearly one of the stocks to avoid.U.S. Steel (X)U.S. Steel (NYSE:X), as its name suggests, is a massive steel producer, focusing on tubular and flat-rolled steel products aimed at the North American and European markets.In this post-pandemic era, demand for steel domestically and abroad has surged. After dipping below the $5 level during the depths of the pandemic, shares surged to a high above $39 in April of this year. That’s quite the rebound. However, like many commodities-related stocks, U.S. Steel has been hit hard by this macro environment and currently sits 44% below its 52-week high.The potential for more interest rate hikes should, at least in theory, dampen demand for all goods. Steel is an essential component used in most infrastructure and the manufacturing of many goods such as automobiles and durable goods. Less demand in the overall economy means a deteriorating outlook for U.S. Steel. Unfortunately, it’s really that simple.Now trading around $22 per share, perhaps X stock is a steal at these levels. Like other cyclical stocks, buying low and selling high has been a good long-term strategy. However, picking the tops and bottoms of any cycle is nearly impossible. Accordingly, those looking for more “sure” bets may want to avoid U.S. Steel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":589,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938939771,"gmtCreate":1662538564493,"gmtModify":1676537083382,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938939771","repostId":"1106013145","repostType":4,"repost":{"id":"1106013145","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":1662537661,"share":"https://ttm.financial/m/news/1106013145?lang=&edition=fundamental","pubTime":"2022-09-07 16:01","market":"us","language":"en","title":"UP Fintech posts revenue of US$53.5 million in 2022 Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=1106013145","media":"Tiger Newspress","summary":"New York, September 7, 2022 —UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR","content":"<html><head></head><body><p><b>New York, September 7, 2022 —UP Fintech Holding Limited</b> (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the three months ended June 30, 2022. During the reporting period, UP Fintech registered revenue of US$53.5 million. Non-GAAP net income was US$3.5 million, compared to a non-GAAP net loss of US$4.4 million in the same quarter of last year. </p><p>During the reporting period, the number of customer accounts increased by 38,800, totaling 1.9 million, and the number of customers with deposits increased to 731,400, up 38.2% from the same quarter last year. Over 70% of funded accounts were from markets outside of mainland China. Net asset inflow from customers exceeded US$1.5 billion during the second quarter. The company retained 99% of its customers on a quarterly basis.&#34;</p><p>Despite market challenges in the first half of 2022, we have remained focused on our clients, bringing product and service innovations, and delivering an exceptional trading experience to everyone. With the introduction of our app&#39;s 8.0 version this quarter, users now can rearrange the in-app functions and prioritize the features that matter the most to them. Our swift product scale-up capabilities and self-developed technology architecture are the cornerstones of our global expansion strategy,&#34; said Wu Tianhua, CEO and founder of UP Fintech.</p><p>&#34;Our competitive edge remains strong. During this quarter, our market share in Singapore continued to increase. User engagement and interactions on our Tiger Trade app were also active, boding well for our user loyalty in this region. In Australia, more investors chose us and the trading volume doubled compared to the previous quarter. Looking ahead, despite the challenging macro environment being a headwind, we will stay true to our long-term commitment to being the platform of choice for global investors of all demographics.&#34;</p><p><b>Over 99% of customers with assets retained in Singapore</b></p><p><b>Newly registered usersin Australia up81% QoQ</b></p><p>In Singapore, UP Fintech continued its momentum in gaining more market share, a sign of industry leadership consolidation with an expanding user base and stronger user loyalty.</p><p>During the reporting period, over 99% of the customers with assets were retained in the market. The average client net asset inflows of our newly acquired paying clients in the market exceeded the US$9,000 threshold in the period, surpassing the US$8,000 amount recorded in the previous quarter. User loyalty also stayed strong with a higher monthly active user (MAU) compared to other players.</p><p>The company moved to strengthen partnerships with exchanges such as Singapore Exchange (SGX), CME Group, Eurex, and Chicago Board Options Exchange (CBOE), providing investors with an ever more diversified product offering.</p><p>During the period, the number of local futures trading lots on Tiger Trade in Singapore rose 110.5% year-over-year, and up 19.2% quarter-over-quarter. The local trading volume of options rose 99.8% year-over-year, and up 4.5% quarter-over-quarter. Entrusted by world-renowned institutions such as Société Générale and Nikko Asset Management, UP Fintech also helped them attract more retail clients and build up demand for their products through our proprietary digital platform.</p><p>UP Fintech&#39;s community gained bigger popularity in Singapore with the user base, engagement, and the number of posts growing. The amount of user-generated content reached nearly 150,000 pieces per week, making Tiger Community one of the largest and most engaged online investing communities.</p><p>Leveraging Tiger Community&#39;s local penetration, more companies have chosen our community as the preferred platform and an effective channel for local investor communications in Singapore. During NIO&#39;s secondary listing on SGX, UP Fintech partnered with the exchange and live streamed NIO&#39;s listing PO ceremony in the community, receiving over 1 million views.</p><p>In Australia, the company is still testing the waters and making an all-out effort to localize our products and services, by adding more features that will give local investors more control over their investment, while keeping the user experience simple, intuitive, and superior.</p><p>During the period, Tiger Trade app&#39;s rankings rose to No. 31 in Q2, the highest amongst online brokers in Australia. Newly registered users rose 81.1% quarter-over-quarter, and the trading volume also doubled, reflecting the company&#39;s momentum in growing its customer base and winning recognition against a challenging macroeconomic backdrop.</p><p>The company in Hong Kong acquired Type 4 (Advising on securities) and 5 licenses (Advising on futures contracts).</p><p><b>Version 8.0 app launchedwith a better-personalizedUI enabled</b></p><p><b>Steady net deposits of US$1.5 billion</b></p><p>In the second quarter, the company&#39;s commission income stood at US$28.2 million, along with an interest-related income of US$16.0 million. Despite the macroeconomic difficulties, clients were still depositing, with a net deposit surpassing an amount of US$1.5 billion, indicating strong client loyalty and our ability to attract asset inflows.</p><p>As the company&#39;s global expansion goes deep, we remain focused on innovating and localizing our products and services by introducing features local users have demanded to best improve their investing experience.</p><p>In the second quarter, UP Fintech launched version 8.0 of the Tiger Trade app, enabling users to personalize the front page and switch between pro and lite modes with just one click.</p><p>During the period, the demand for wealth management services grew steadily. The number of customers in the Fund Mall increased by 119.1% year-over-year, and the asset under management (AUM) of the Fund Mall service was up by 56.9% year-over-year. The number of Cash Plus users increased by 58.5% year-over-year, and AUM was up by 33.3% year-over-year. Cash Plus gained growing attention from Singaporean investors with the number of users up by 14.9% quarter-over-quarter, and AUM up by 25.4% quarter-over-quarter. These results underscore the value of diversification we are able to offer to clients against heightened volatility.</p><p>On the investor education side, UP Fintech relentlessly promoted financial education in spite of the volatile environment. During the period, various educational materials such as &#34;US stock financial statements for beginners&#34; and &#34;US stock market investing for beginners&#34; were made accessible on Tiger Trade for every user, alleviating investors&#39; stress in hunting for reliable information. As of June 30, UP Fintech held over 200 online seminars and forums, which were joined by industry experts and analysts from world-class institutions, and covered topics such as earnings analysis, trending companies, and hot industry to help investors make better informed financial decisions.</p><p><b>Ranking third in US IPO underwritingof all global brokerages</b></p><p><b>26 ESOP clients from different sectorsadded</b></p><p>During the reporting period, other revenues, including investment banking and employee stock ownership plan (ESOP), reached US$9.3 million. Benefitting from the solid foundation the company has laid for its investment banking business, it showcased resilience amongst market difficulties. In the reporting period, the company participated in 14 Hong Kong and US IPOs, and served as an underwriter in 11 of these listings.</p><p>Third-party data shows that UP Fintech ranked first in the second quarter, and third in the first half among brokerages in terms of overall US IPO underwriting, by number of deals and amount of value. During the first half, the company underwrote 14 US IPOs.</p><p>In an effort to reinforce corporate clients&#39; strategies and deepen the reach of their businesses, UP Fintech continued to scale up its network with potential institutional and high-worth buyers.</p><p>In addition, the company issued 20 research reports on well-known companies such as Tencent, Baidu and Alibaba, indicating its in-depth analysis expertise, particularly in ADRs and the tech sector.</p><p>UP Fintech signed 26 ESOP clients during the period, with the number of total clients added up to 364, a year-over-year increase of 68%. New clients include industry leaders across different sectors such as healthcare, energy, finance and logistics, including LONGi, a photovoltaic giant with a market value of approximately RMB400 billion.</p><p>In this quarter, dozens of companies including NIO, Sirnaomics and BYD Electronics became part of the Tiger Community, and opened enterprise accounts. Tiger also helped over 10 companies, including SF Intra-city, Yidu Tech and Ming Yuan Cloud, bridge effective conversational channels to hundreds of global institutions, analysts, and high-net-worth retail investors.</p><p><u><b>About UP Fintech Holding Limited</b></u></p><p>UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technologies for the next generation.</p><p>Founded in 2014, we relentlessly offer superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.</p><p>We strive to elevate financial technology R&amp;D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p>In March 2019,  UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and 2 million account holders worldwide on our flagship platform “Tiger Trade”, own 55 licenses and qualifications in different markets, and have over 1,000 employees on the team in Australia, China, New Zealand, Singapore, and the US.</p><p>For more information about UP Fintech as a company, please visit itigerup.com</p><p>For media inquiries, please contact lixiang@itiger.com</p><p><i><b>Safe Harbor Statement</b></i></p><p><i>This announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as&#34;may,&#34;&#34;might,&#34;&#34;aim,&#34;&#34;likely to,&#34;&#34;will,&#34;&#34;expects,&#34;&#34;anticipates,&#34;&#34;future,&#34;&#34;intends,&#34;&#34;plans,&#34;&#34;believes,&#34;&#34;estimates&#34; and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company&#39;s strategic and operational plans and expectations regarding growth and expansion of its business lines, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (&#34;SEC&#34;) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company&#39;s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company&#39;s revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company&#39;s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC, including the Company&#39;s annual report on Form 20-F filed with the SEC on April 28, 2022. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC.</i></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>UP Fintech posts revenue of US$53.5 million in 2022 Q2</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\">\nUP Fintech posts revenue of US$53.5 million in 2022 Q2\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\">2022-09-07 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>New York, September 7, 2022 —UP Fintech Holding Limited</b> (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the three months ended June 30, 2022. During the reporting period, UP Fintech registered revenue of US$53.5 million. Non-GAAP net income was US$3.5 million, compared to a non-GAAP net loss of US$4.4 million in the same quarter of last year. </p><p>During the reporting period, the number of customer accounts increased by 38,800, totaling 1.9 million, and the number of customers with deposits increased to 731,400, up 38.2% from the same quarter last year. Over 70% of funded accounts were from markets outside of mainland China. Net asset inflow from customers exceeded US$1.5 billion during the second quarter. The company retained 99% of its customers on a quarterly basis.&#34;</p><p>Despite market challenges in the first half of 2022, we have remained focused on our clients, bringing product and service innovations, and delivering an exceptional trading experience to everyone. With the introduction of our app&#39;s 8.0 version this quarter, users now can rearrange the in-app functions and prioritize the features that matter the most to them. Our swift product scale-up capabilities and self-developed technology architecture are the cornerstones of our global expansion strategy,&#34; said Wu Tianhua, CEO and founder of UP Fintech.</p><p>&#34;Our competitive edge remains strong. During this quarter, our market share in Singapore continued to increase. User engagement and interactions on our Tiger Trade app were also active, boding well for our user loyalty in this region. In Australia, more investors chose us and the trading volume doubled compared to the previous quarter. Looking ahead, despite the challenging macro environment being a headwind, we will stay true to our long-term commitment to being the platform of choice for global investors of all demographics.&#34;</p><p><b>Over 99% of customers with assets retained in Singapore</b></p><p><b>Newly registered usersin Australia up81% QoQ</b></p><p>In Singapore, UP Fintech continued its momentum in gaining more market share, a sign of industry leadership consolidation with an expanding user base and stronger user loyalty.</p><p>During the reporting period, over 99% of the customers with assets were retained in the market. The average client net asset inflows of our newly acquired paying clients in the market exceeded the US$9,000 threshold in the period, surpassing the US$8,000 amount recorded in the previous quarter. User loyalty also stayed strong with a higher monthly active user (MAU) compared to other players.</p><p>The company moved to strengthen partnerships with exchanges such as Singapore Exchange (SGX), CME Group, Eurex, and Chicago Board Options Exchange (CBOE), providing investors with an ever more diversified product offering.</p><p>During the period, the number of local futures trading lots on Tiger Trade in Singapore rose 110.5% year-over-year, and up 19.2% quarter-over-quarter. The local trading volume of options rose 99.8% year-over-year, and up 4.5% quarter-over-quarter. Entrusted by world-renowned institutions such as Société Générale and Nikko Asset Management, UP Fintech also helped them attract more retail clients and build up demand for their products through our proprietary digital platform.</p><p>UP Fintech&#39;s community gained bigger popularity in Singapore with the user base, engagement, and the number of posts growing. The amount of user-generated content reached nearly 150,000 pieces per week, making Tiger Community one of the largest and most engaged online investing communities.</p><p>Leveraging Tiger Community&#39;s local penetration, more companies have chosen our community as the preferred platform and an effective channel for local investor communications in Singapore. During NIO&#39;s secondary listing on SGX, UP Fintech partnered with the exchange and live streamed NIO&#39;s listing PO ceremony in the community, receiving over 1 million views.</p><p>In Australia, the company is still testing the waters and making an all-out effort to localize our products and services, by adding more features that will give local investors more control over their investment, while keeping the user experience simple, intuitive, and superior.</p><p>During the period, Tiger Trade app&#39;s rankings rose to No. 31 in Q2, the highest amongst online brokers in Australia. Newly registered users rose 81.1% quarter-over-quarter, and the trading volume also doubled, reflecting the company&#39;s momentum in growing its customer base and winning recognition against a challenging macroeconomic backdrop.</p><p>The company in Hong Kong acquired Type 4 (Advising on securities) and 5 licenses (Advising on futures contracts).</p><p><b>Version 8.0 app launchedwith a better-personalizedUI enabled</b></p><p><b>Steady net deposits of US$1.5 billion</b></p><p>In the second quarter, the company&#39;s commission income stood at US$28.2 million, along with an interest-related income of US$16.0 million. Despite the macroeconomic difficulties, clients were still depositing, with a net deposit surpassing an amount of US$1.5 billion, indicating strong client loyalty and our ability to attract asset inflows.</p><p>As the company&#39;s global expansion goes deep, we remain focused on innovating and localizing our products and services by introducing features local users have demanded to best improve their investing experience.</p><p>In the second quarter, UP Fintech launched version 8.0 of the Tiger Trade app, enabling users to personalize the front page and switch between pro and lite modes with just one click.</p><p>During the period, the demand for wealth management services grew steadily. The number of customers in the Fund Mall increased by 119.1% year-over-year, and the asset under management (AUM) of the Fund Mall service was up by 56.9% year-over-year. The number of Cash Plus users increased by 58.5% year-over-year, and AUM was up by 33.3% year-over-year. Cash Plus gained growing attention from Singaporean investors with the number of users up by 14.9% quarter-over-quarter, and AUM up by 25.4% quarter-over-quarter. These results underscore the value of diversification we are able to offer to clients against heightened volatility.</p><p>On the investor education side, UP Fintech relentlessly promoted financial education in spite of the volatile environment. During the period, various educational materials such as &#34;US stock financial statements for beginners&#34; and &#34;US stock market investing for beginners&#34; were made accessible on Tiger Trade for every user, alleviating investors&#39; stress in hunting for reliable information. As of June 30, UP Fintech held over 200 online seminars and forums, which were joined by industry experts and analysts from world-class institutions, and covered topics such as earnings analysis, trending companies, and hot industry to help investors make better informed financial decisions.</p><p><b>Ranking third in US IPO underwritingof all global brokerages</b></p><p><b>26 ESOP clients from different sectorsadded</b></p><p>During the reporting period, other revenues, including investment banking and employee stock ownership plan (ESOP), reached US$9.3 million. Benefitting from the solid foundation the company has laid for its investment banking business, it showcased resilience amongst market difficulties. In the reporting period, the company participated in 14 Hong Kong and US IPOs, and served as an underwriter in 11 of these listings.</p><p>Third-party data shows that UP Fintech ranked first in the second quarter, and third in the first half among brokerages in terms of overall US IPO underwriting, by number of deals and amount of value. During the first half, the company underwrote 14 US IPOs.</p><p>In an effort to reinforce corporate clients&#39; strategies and deepen the reach of their businesses, UP Fintech continued to scale up its network with potential institutional and high-worth buyers.</p><p>In addition, the company issued 20 research reports on well-known companies such as Tencent, Baidu and Alibaba, indicating its in-depth analysis expertise, particularly in ADRs and the tech sector.</p><p>UP Fintech signed 26 ESOP clients during the period, with the number of total clients added up to 364, a year-over-year increase of 68%. New clients include industry leaders across different sectors such as healthcare, energy, finance and logistics, including LONGi, a photovoltaic giant with a market value of approximately RMB400 billion.</p><p>In this quarter, dozens of companies including NIO, Sirnaomics and BYD Electronics became part of the Tiger Community, and opened enterprise accounts. Tiger also helped over 10 companies, including SF Intra-city, Yidu Tech and Ming Yuan Cloud, bridge effective conversational channels to hundreds of global institutions, analysts, and high-net-worth retail investors.</p><p><u><b>About UP Fintech Holding Limited</b></u></p><p>UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technologies for the next generation.</p><p>Founded in 2014, we relentlessly offer superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.</p><p>We strive to elevate financial technology R&amp;D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p>In March 2019,  UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and 2 million account holders worldwide on our flagship platform “Tiger Trade”, own 55 licenses and qualifications in different markets, and have over 1,000 employees on the team in Australia, China, New Zealand, Singapore, and the US.</p><p>For more information about UP Fintech as a company, please visit itigerup.com</p><p>For media inquiries, please contact lixiang@itiger.com</p><p><i><b>Safe Harbor Statement</b></i></p><p><i>This announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as&#34;may,&#34;&#34;might,&#34;&#34;aim,&#34;&#34;likely to,&#34;&#34;will,&#34;&#34;expects,&#34;&#34;anticipates,&#34;&#34;future,&#34;&#34;intends,&#34;&#34;plans,&#34;&#34;believes,&#34;&#34;estimates&#34; and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company&#39;s strategic and operational plans and expectations regarding growth and expansion of its business lines, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (&#34;SEC&#34;) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company&#39;s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company&#39;s revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company&#39;s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC, including the Company&#39;s annual report on Form 20-F filed with the SEC on April 28, 2022. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC.</i></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106013145","content_text":"New York, September 7, 2022 —UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the three months ended June 30, 2022. During the reporting period, UP Fintech registered revenue of US$53.5 million. Non-GAAP net income was US$3.5 million, compared to a non-GAAP net loss of US$4.4 million in the same quarter of last year. During the reporting period, the number of customer accounts increased by 38,800, totaling 1.9 million, and the number of customers with deposits increased to 731,400, up 38.2% from the same quarter last year. Over 70% of funded accounts were from markets outside of mainland China. Net asset inflow from customers exceeded US$1.5 billion during the second quarter. The company retained 99% of its customers on a quarterly basis.\"Despite market challenges in the first half of 2022, we have remained focused on our clients, bringing product and service innovations, and delivering an exceptional trading experience to everyone. With the introduction of our app's 8.0 version this quarter, users now can rearrange the in-app functions and prioritize the features that matter the most to them. Our swift product scale-up capabilities and self-developed technology architecture are the cornerstones of our global expansion strategy,\" said Wu Tianhua, CEO and founder of UP Fintech.\"Our competitive edge remains strong. During this quarter, our market share in Singapore continued to increase. User engagement and interactions on our Tiger Trade app were also active, boding well for our user loyalty in this region. In Australia, more investors chose us and the trading volume doubled compared to the previous quarter. Looking ahead, despite the challenging macro environment being a headwind, we will stay true to our long-term commitment to being the platform of choice for global investors of all demographics.\"Over 99% of customers with assets retained in SingaporeNewly registered usersin Australia up81% QoQIn Singapore, UP Fintech continued its momentum in gaining more market share, a sign of industry leadership consolidation with an expanding user base and stronger user loyalty.During the reporting period, over 99% of the customers with assets were retained in the market. The average client net asset inflows of our newly acquired paying clients in the market exceeded the US$9,000 threshold in the period, surpassing the US$8,000 amount recorded in the previous quarter. User loyalty also stayed strong with a higher monthly active user (MAU) compared to other players.The company moved to strengthen partnerships with exchanges such as Singapore Exchange (SGX), CME Group, Eurex, and Chicago Board Options Exchange (CBOE), providing investors with an ever more diversified product offering.During the period, the number of local futures trading lots on Tiger Trade in Singapore rose 110.5% year-over-year, and up 19.2% quarter-over-quarter. The local trading volume of options rose 99.8% year-over-year, and up 4.5% quarter-over-quarter. Entrusted by world-renowned institutions such as Société Générale and Nikko Asset Management, UP Fintech also helped them attract more retail clients and build up demand for their products through our proprietary digital platform.UP Fintech's community gained bigger popularity in Singapore with the user base, engagement, and the number of posts growing. The amount of user-generated content reached nearly 150,000 pieces per week, making Tiger Community one of the largest and most engaged online investing communities.Leveraging Tiger Community's local penetration, more companies have chosen our community as the preferred platform and an effective channel for local investor communications in Singapore. During NIO's secondary listing on SGX, UP Fintech partnered with the exchange and live streamed NIO's listing PO ceremony in the community, receiving over 1 million views.In Australia, the company is still testing the waters and making an all-out effort to localize our products and services, by adding more features that will give local investors more control over their investment, while keeping the user experience simple, intuitive, and superior.During the period, Tiger Trade app's rankings rose to No. 31 in Q2, the highest amongst online brokers in Australia. Newly registered users rose 81.1% quarter-over-quarter, and the trading volume also doubled, reflecting the company's momentum in growing its customer base and winning recognition against a challenging macroeconomic backdrop.The company in Hong Kong acquired Type 4 (Advising on securities) and 5 licenses (Advising on futures contracts).Version 8.0 app launchedwith a better-personalizedUI enabledSteady net deposits of US$1.5 billionIn the second quarter, the company's commission income stood at US$28.2 million, along with an interest-related income of US$16.0 million. Despite the macroeconomic difficulties, clients were still depositing, with a net deposit surpassing an amount of US$1.5 billion, indicating strong client loyalty and our ability to attract asset inflows.As the company's global expansion goes deep, we remain focused on innovating and localizing our products and services by introducing features local users have demanded to best improve their investing experience.In the second quarter, UP Fintech launched version 8.0 of the Tiger Trade app, enabling users to personalize the front page and switch between pro and lite modes with just one click.During the period, the demand for wealth management services grew steadily. The number of customers in the Fund Mall increased by 119.1% year-over-year, and the asset under management (AUM) of the Fund Mall service was up by 56.9% year-over-year. The number of Cash Plus users increased by 58.5% year-over-year, and AUM was up by 33.3% year-over-year. Cash Plus gained growing attention from Singaporean investors with the number of users up by 14.9% quarter-over-quarter, and AUM up by 25.4% quarter-over-quarter. These results underscore the value of diversification we are able to offer to clients against heightened volatility.On the investor education side, UP Fintech relentlessly promoted financial education in spite of the volatile environment. During the period, various educational materials such as \"US stock financial statements for beginners\" and \"US stock market investing for beginners\" were made accessible on Tiger Trade for every user, alleviating investors' stress in hunting for reliable information. As of June 30, UP Fintech held over 200 online seminars and forums, which were joined by industry experts and analysts from world-class institutions, and covered topics such as earnings analysis, trending companies, and hot industry to help investors make better informed financial decisions.Ranking third in US IPO underwritingof all global brokerages26 ESOP clients from different sectorsaddedDuring the reporting period, other revenues, including investment banking and employee stock ownership plan (ESOP), reached US$9.3 million. Benefitting from the solid foundation the company has laid for its investment banking business, it showcased resilience amongst market difficulties. In the reporting period, the company participated in 14 Hong Kong and US IPOs, and served as an underwriter in 11 of these listings.Third-party data shows that UP Fintech ranked first in the second quarter, and third in the first half among brokerages in terms of overall US IPO underwriting, by number of deals and amount of value. During the first half, the company underwrote 14 US IPOs.In an effort to reinforce corporate clients' strategies and deepen the reach of their businesses, UP Fintech continued to scale up its network with potential institutional and high-worth buyers.In addition, the company issued 20 research reports on well-known companies such as Tencent, Baidu and Alibaba, indicating its in-depth analysis expertise, particularly in ADRs and the tech sector.UP Fintech signed 26 ESOP clients during the period, with the number of total clients added up to 364, a year-over-year increase of 68%. New clients include industry leaders across different sectors such as healthcare, energy, finance and logistics, including LONGi, a photovoltaic giant with a market value of approximately RMB400 billion.In this quarter, dozens of companies including NIO, Sirnaomics and BYD Electronics became part of the Tiger Community, and opened enterprise accounts. Tiger also helped over 10 companies, including SF Intra-city, Yidu Tech and Ming Yuan Cloud, bridge effective conversational channels to hundreds of global institutions, analysts, and high-net-worth retail investors.About UP Fintech Holding LimitedUP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technologies for the next generation.Founded in 2014, we relentlessly offer superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.We strive to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.In March 2019,  UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and 2 million account holders worldwide on our flagship platform “Tiger Trade”, own 55 licenses and qualifications in different markets, and have over 1,000 employees on the team in Australia, China, New Zealand, Singapore, and the US.For more information about UP Fintech as a company, please visit itigerup.comFor media inquiries, please contact lixiang@itiger.comSafe Harbor StatementThis announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as\"may,\"\"might,\"\"aim,\"\"likely to,\"\"will,\"\"expects,\"\"anticipates,\"\"future,\"\"intends,\"\"plans,\"\"believes,\"\"estimates\" and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company's strategic and operational plans and expectations regarding growth and expansion of its business lines, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (\"SEC\") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company's ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company's revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company's industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company's filings with the SEC, including the Company's annual report on Form 20-F filed with the SEC on April 28, 2022. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company's filings with the SEC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938026160,"gmtCreate":1662525966351,"gmtModify":1676537080821,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank you","listText":"Thank you","text":"Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938026160","repostId":"1155750740","repostType":4,"repost":{"id":"1155750740","kind":"news","pubTimestamp":1662509028,"share":"https://ttm.financial/m/news/1155750740?lang=&edition=fundamental","pubTime":"2022-09-07 08:03","market":"sg","language":"en","title":"Win Streak May End For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1155750740","media":"RTTNews","summary":"The Singapore stock market has climbed higher in back-to-back sessions, gathering almost 20 points o","content":"<html><head></head><body><p>The Singapore stock market has climbed higher in back-to-back sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,225-point plateau, although it&#39;s expected to run out of steam on Wednesday.</p><p>The global forecast for the Asian markets is mixed to lower on inflation and interest rate concerns. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.</p><p>The STI finished modestly higher on Tuesday following mixed performance from the financial shares, property stocks and industrial issues.</p><p>For the day, the index improved 8.70 points or 0.27 percent to finish at 3,224.18 after trading between 3,217.17 and 3,234.45. Volume was 1.85 billion shares worth 957.2 million Singapore dollars. There were 247 decliners and 240 gainers.</p><p>Among the actives, Ascendas REIT lost 0.35 percent, while CapitaLand Integrated Commercial Trust rallied 0.98 percent, City Developments gained 0.24 percent, DBS Group fell 0.31 percent, Genting Singapore slumped 0.65 percent, Hongkong Land was down 0.21 percent, Keppel Corp and Mapletree Pan Asia Commercial Trust both advanced 0.54 percent, Mapletree Industrial Trust added 0.39 percent, Mapletree Logistics Trust climbed 0.59 percent, Oversea-Chinese Banking Corporation rose 0.17 percent, SATS jumped 1.25 percent, SembCorp Industries surged 4.50 percent, SingTel spiked 1.52 percent, Thai Beverage soared 1.60 percent, United Overseas Bank dipped 0.22 percent, Wilmar International slid 0.25 percent, Yangzijiang Shipbuilding shed 0.54 percent and Yangzijiang Financial, Singapore Exchange, Singapore Technologies Engineering, CapitaLand Investment and Comfort DelGro were unchanged.</p><p>The lead from Wall Street is negative as the major averages quickly moved lower on Tuesday, rebounded midday but then faced renewed consolidation that lasted throughout the rest of the session.</p><p>The choppy trading on Wall Street came as traders expressed some uncertainty about the near-term outlook for the markets following recent weakness.</p><p>The volatility on the day also came amid a surge in treasury yields, with the yield on the benchmark ten-year note jumping to its highest levels in almost three months.</p><p>Potentially adding to the worries about interest rates, the Institute for Supply Management said service sector activity in the U.S. unexpectedly grew at a slightly faster rate in August. The report is a positive sign for the economy but may have led to concerns the Federal Reserve will see the data as an indication that it can continue to aggressively raise interest rates.</p><p>Oil futures settled barely higher on Tuesday after the decision by OPEC+ to cut output by 100,000 barrels per day in October, although the dollar&#39;s uptick limited oil&#39;s upside. West Texas Intermediate Crude oil futures for October ended higher by a penny or $0.09% at $86.88 a barrel.</p></body></html>","source":"lsy1626938412129","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>Win Streak May End For Singapore Stock Market</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\">\nWin Streak May End For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3309592/win-streak-may-end-for-singapore-stock-market.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has climbed higher in back-to-back sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,225-point plateau,...</p>\n\n<a href=\"https://www.rttnews.com/3309592/win-streak-may-end-for-singapore-stock-market.aspx\">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.rttnews.com/3309592/win-streak-may-end-for-singapore-stock-market.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155750740","content_text":"The Singapore stock market has climbed higher in back-to-back sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,225-point plateau, although it's expected to run out of steam on Wednesday.The global forecast for the Asian markets is mixed to lower on inflation and interest rate concerns. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.The STI finished modestly higher on Tuesday following mixed performance from the financial shares, property stocks and industrial issues.For the day, the index improved 8.70 points or 0.27 percent to finish at 3,224.18 after trading between 3,217.17 and 3,234.45. Volume was 1.85 billion shares worth 957.2 million Singapore dollars. There were 247 decliners and 240 gainers.Among the actives, Ascendas REIT lost 0.35 percent, while CapitaLand Integrated Commercial Trust rallied 0.98 percent, City Developments gained 0.24 percent, DBS Group fell 0.31 percent, Genting Singapore slumped 0.65 percent, Hongkong Land was down 0.21 percent, Keppel Corp and Mapletree Pan Asia Commercial Trust both advanced 0.54 percent, Mapletree Industrial Trust added 0.39 percent, Mapletree Logistics Trust climbed 0.59 percent, Oversea-Chinese Banking Corporation rose 0.17 percent, SATS jumped 1.25 percent, SembCorp Industries surged 4.50 percent, SingTel spiked 1.52 percent, Thai Beverage soared 1.60 percent, United Overseas Bank dipped 0.22 percent, Wilmar International slid 0.25 percent, Yangzijiang Shipbuilding shed 0.54 percent and Yangzijiang Financial, Singapore Exchange, Singapore Technologies Engineering, CapitaLand Investment and Comfort DelGro were unchanged.The lead from Wall Street is negative as the major averages quickly moved lower on Tuesday, rebounded midday but then faced renewed consolidation that lasted throughout the rest of the session.The choppy trading on Wall Street came as traders expressed some uncertainty about the near-term outlook for the markets following recent weakness.The volatility on the day also came amid a surge in treasury yields, with the yield on the benchmark ten-year note jumping to its highest levels in almost three months.Potentially adding to the worries about interest rates, the Institute for Supply Management said service sector activity in the U.S. unexpectedly grew at a slightly faster rate in August. The report is a positive sign for the economy but may have led to concerns the Federal Reserve will see the data as an indication that it can continue to aggressively raise interest rates.Oil futures settled barely higher on Tuesday after the decision by OPEC+ to cut output by 100,000 barrels per day in October, although the dollar's uptick limited oil's upside. West Texas Intermediate Crude oil futures for October ended higher by a penny or $0.09% at $86.88 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956127694,"gmtCreate":1673939610519,"gmtModify":1676538905926,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank u","listText":"Thank u","text":"Thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956127694","repostId":"9956125697","repostType":1,"repost":{"id":9956125697,"gmtCreate":1673938860319,"gmtModify":1676538905835,"author":{"id":"9000000000000339","authorId":"9000000000000339","name":"vippy","avatar":"https://static.tigerbbs.com/c0126a7d8aadf37410e3ec43acf556ad","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000339","authorIdStr":"9000000000000339"},"themes":[],"title":"2 Top Tech Stocks to Buy for the Long Haul","htmlText":"A market correction is the perfect time to buy formerly high-flying growth stocks.Market corrections are a painful but inevitable part of the investing cycle. Yet, there's an upside to the pain. Every bear market has represented an opportunity for patient investors to scoop up great companies on the cheap.Data shows they typically resolve quickly, and throughout history every notable downturn in the broader market has eventually been erased by abull market rally. The Schwab Center for Financial Research says the average bear market since 1966 has lasted only about 15 months, while the typical bull market lasts roughly three years. Even better, from 1970 on, bull markets have tended to last more than six years on average. The last one went on for almost 11 years!That's why smart investors d","listText":"A market correction is the perfect time to buy formerly high-flying growth stocks.Market corrections are a painful but inevitable part of the investing cycle. Yet, there's an upside to the pain. Every bear market has represented an opportunity for patient investors to scoop up great companies on the cheap.Data shows they typically resolve quickly, and throughout history every notable downturn in the broader market has eventually been erased by abull market rally. The Schwab Center for Financial Research says the average bear market since 1966 has lasted only about 15 months, while the typical bull market lasts roughly three years. Even better, from 1970 on, bull markets have tended to last more than six years on average. The last one went on for almost 11 years!That's why smart investors d","text":"A market correction is the perfect time to buy formerly high-flying growth stocks.Market corrections are a painful but inevitable part of the investing cycle. Yet, there's an upside to the pain. Every bear market has represented an opportunity for patient investors to scoop up great companies on the cheap.Data shows they typically resolve quickly, and throughout history every notable downturn in the broader market has eventually been erased by abull market rally. The Schwab Center for Financial Research says the average bear market since 1966 has lasted only about 15 months, while the typical bull market lasts roughly three years. Even better, from 1970 on, bull markets have tended to last more than six years on average. The last one went on for almost 11 years!That's why smart investors d","images":[{"img":"https://community-static.tradeup.com/news/99bf2666d1f1d3c905196a4aaf76a856","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956125697","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933832242,"gmtCreate":1662258248786,"gmtModify":1676537025902,"author":{"id":"4123305251180352","authorId":"4123305251180352","name":"Trying hard","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4123305251180352","authorIdStr":"4123305251180352"},"themes":[],"htmlText":"Thank u","listText":"Thank u","text":"Thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933832242","repostId":"1193288218","repostType":4,"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}