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GohTo

GohTo

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08-15

Wooohooo! Finally a boss

04-29

It's depends on your investment strategy and what stocks you are holding. All of my stocks are at net loss but I'm playing the long game as these stocks are currently. We are at the time of speculative trading, unless I need to liquidate to recover cash, my strategy would be to keep my portfolio until the stock hits its right valuation.

2023-07-09

When Opposites don’t attract …

My thoughts are that most of the divergence are driven by Geo-political influences and the impact they have to other countries. We can thinknof this as Chinese Tech stocks are undervalued or US tech stocks are overvalued. Eventually how do we actuslly put value to a stock? if we think from an financial and economics standpoint China and the US situation is inverse to their tech stock performance ... what are your thoughts?

When Opposites don’t attract …

2023-07-08

Alibaba and its affiliates are in for the long game. All their actions are geared towards development and growth of the company. The mgmt isn't concerned with the macro situation because they are very focused on their objectives and this shows how determined they want to move the company forward past the current speed bump.

Ant to Buy Back Shares at 70% Lower Valuation Than at IPO

2023-07-04

Leading indicators provide the Macro views while Technical Analysis gives the Micro. Anyone agrees?

Share a good site for consolidated indicators ... thank me laters https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/

Leading indicators provide the Macro views while Technical Analysis gives the Micro. Anyone agrees?

2023-07-04

Buy stocks with strong fundamentals and undervalued. Be patient, and wait for the long game. Dont react to sudden market movements. Have a clear and self convinced exit strategy.

2023-02-06

Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking positive anyways. For the long haul, this might bea great opportunity to leverage these companies prices.

Sorry, the original content has been removed

2023-01-30

Alibaba is Still super focused on growth at this point when there's so much turbulence in the economy leaving most organizations to refocus back into ops cost cutting - Alphabet, MSFT, AMZ. Truly a steadfast organization with a lesdership who has a clear vision.

Alibaba Denies Setting Up Global HQ in Singapore

Go to Tiger App to see more news

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Eventually how do we actuslly put value to a stock? if we think from an financial and economics standpoint China and the US situation is inverse to their tech stock performance ... what are your thoughts?","images":[{"img":"https://community-static.tradeup.com/news/6dead1c22c315e900b9b8bf873231349","width":"1600","height":"2825"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":9,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/195935769583632","isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":195649304477904,"gmtCreate":1688803308076,"gmtModify":1688803312216,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"Alibaba and its affiliates are in for the long game. All their actions are geared towards development and growth of the company. The mgmt isn't concerned with the macro situation because they are very focused on their objectives and this shows how determined they want to move the company forward past the current speed bump.&nbsp;","listText":"Alibaba and its affiliates are in for the long game. All their actions are geared towards development and growth of the company. The mgmt isn't concerned with the macro situation because they are very focused on their objectives and this shows how determined they want to move the company forward past the current speed bump.&nbsp;","text":"Alibaba and its affiliates are in for the long game. All their actions are geared towards development and growth of the company. The mgmt isn't concerned with the macro situation because they are very focused on their objectives and this shows how determined they want to move the company forward past the current speed bump.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":16,"commentSize":13,"repostSize":1,"link":"https://ttm.financial/post/195649304477904","repostId":"1137070708","repostType":2,"repost":{"id":"1137070708","pubTimestamp":1688780155,"share":"https://ttm.financial/m/news/1137070708?lang=&edition=fundamental","pubTime":"2023-07-08 09:35","market":"us","language":"en","title":"Ant to Buy Back Shares at 70% Lower Valuation Than at IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1137070708","media":"Bloomberg","summary":"Jack Ma-backed Ant Group Co. is proposing to use as much as 567.1 billion yuan  to buy back shares in an effort to retain talent and offer an exit for investors ensnared by a years-long regulatory crackdown at the company.Ant is proposing to all shareholders that it will repurchase as much as 7.6% of its equity interest, Ant said in a statement on Saturday. The stock will be transferred into the company’s staff incentive plan to attract talent. Ant, along with Tencent Holdings Ltd., were fined m","content":"<html><head></head><body><p>Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and provide a chance to cut stakes for investors ensnared by a years-long regulatory crackdown at the company. </p><p style=\"text-align: start;\">Each investor would be allowed to sell up to 7.6% of their equity rather than cashing out completely, according to a person familiar with the matter, asking not be identified discussing private details of the arrangement.</p><p style=\"text-align: start;\">Ant’s planned repurchase of the equity would value the company at about 567.1 billion yuan ($78.5 billion), it said in a statement on Saturday. That is almost 70% lower than the $280 billion market capitalization it fetched in 2020 for the scrapped initial public offering.</p><p style=\"text-align: start;\">Chinese regulators are wrapping up a two-year crackdown on the country’s once-freewheeling technology giants after slapping more than $1 billion of fines on Ant and Tencent Holdings Ltd. on Friday. Ant has completed its overhaul ordered by Beijing, pinching profitability and sapping growth at a sprawling platform that spanned lending and insurance to asset management.</p><p>Giving some money back to shareholders could help Ant shift its focus to building business operations, easing pressure from pre-IPO investors seeking an exit due to its valuation slump. Global funds have grappled with how to assess their investments in Ant made in 2018 when the company was valued at about $150 billion.</p><p>This is a good opportunity for investors to get some money back as Ant’s profit growth has slowed down significantly, Francis Chan, an analyst with Bloomberg Intelligence, said. Minority overseas shareholders might take this opportunity to reduce their stakes, he said.  </p><p style=\"text-align: start;\">Silver Lake Management LLC, Warburg Pincus LLC, and Carlyle Group Inc. were among the biggest US backers in that funding round. Others that put money in include Singapore’s GIC Pte, Khazanah Nasional Berhad, Canada Pension Plan Investment Board and Temasek Holdings Pte.</p><h3 style=\"text-align: start;\">Repurchase Plans</h3><p style=\"text-align: start;\">Ant said it will transfer repurchased stock into the company’s staff incentive plan to attract talent.</p><p style=\"text-align: start;\">The individual limited partners of two entities that form the majority of Ant’s shareholders — mostly comprised of Ant executives — have voluntarily decided not sell shares back to Ant out of the long-term commitment to the company, according to the statement.</p><p style=\"text-align: start;\">The limited partners also committed to retaining the two dividends in 2022 with Hangzhou Junhan and Hangzhou Junao to enhance the operation’s capital strength.</p><h3 style=\"text-align: start;\">Overhang Removed</h3><p style=\"text-align: start;\">Financial regulators led by the central bank fined Ant and its affiliates a total of 7.12 billion yuan on Friday, ending two years of probe into the company. Tencent was levied a 2.99 billion yuan fine.</p><p style=\"text-align: start;\">With the regulatory clampdowns out of the way Ant can spend more time building its business and even revive its IPO.</p><p>Ant said in January it had no plans for an IPO at that time. Still, the company’s Chairman Eric Jing said in 2021 that Ant would eventually go public. </p><h3 style=\"text-align: start;\">Ant Overhual </h3><p style=\"text-align: start;\">Ant co-founder Ma returned to China in early March after a prolonged period of traveling overseas. The government persuaded him to go back to the mainland as a means to showcase authorities’ support for private entrepreneurs, Bloomberg News had reported. </p><p style=\"text-align: start;\">The move follows Ma’s decision to cede control of Ant in January, holding about 6.2% voting rights after the change. Following that, the Communist Party chief of Hangzhou city praised Ant for abiding by the party’s leadership, and required local government departments to solve problems raised by the fintech company. </p><p style=\"text-align: start;\">Ant Chairman Says China’s Support for Private Firms Remains</p><p style=\"text-align: start;\">More than two years ago, Chinese regulators abruptly halted Ant’s IPO, sending shock waves across global capital markets. New rules have been slapped on the fintech giant, which has operations ranging from consumer lending and wealth management to online payments. </p><p style=\"text-align: start;\">The central bank ordered Ant to fold all financial units into a holding company. It also told the firm to open up its payments app to competitors and sever improper linking of payments with other products including its lending services. </p><p style=\"text-align: start;\">Ant is developing large-language model technology that will power ChatGPT-style services, joining a list of Chinese companies seeking to win an edge in next generation artificial intelligence. The company invested nearly 20.5 billion yuan in research and development last year, doubling its annual spending on such efforts from 2019.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ant to Buy Back Shares at 70% Lower Valuation Than at IPO</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\">\nAnt to Buy Back Shares at 70% Lower Valuation Than at IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-08 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-07-08/ant-plans-to-spend-about-78-5-billion-to-repurchase-shares?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and provide a chance to cut stakes for investors ensnared by a years-long regulatory ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-08/ant-plans-to-spend-about-78-5-billion-to-repurchase-shares?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.bloomberg.com/news/articles/2023-07-08/ant-plans-to-spend-about-78-5-billion-to-repurchase-shares?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137070708","content_text":"Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and provide a chance to cut stakes for investors ensnared by a years-long regulatory crackdown at the company. Each investor would be allowed to sell up to 7.6% of their equity rather than cashing out completely, according to a person familiar with the matter, asking not be identified discussing private details of the arrangement.Ant’s planned repurchase of the equity would value the company at about 567.1 billion yuan ($78.5 billion), it said in a statement on Saturday. That is almost 70% lower than the $280 billion market capitalization it fetched in 2020 for the scrapped initial public offering.Chinese regulators are wrapping up a two-year crackdown on the country’s once-freewheeling technology giants after slapping more than $1 billion of fines on Ant and Tencent Holdings Ltd. on Friday. Ant has completed its overhaul ordered by Beijing, pinching profitability and sapping growth at a sprawling platform that spanned lending and insurance to asset management.Giving some money back to shareholders could help Ant shift its focus to building business operations, easing pressure from pre-IPO investors seeking an exit due to its valuation slump. Global funds have grappled with how to assess their investments in Ant made in 2018 when the company was valued at about $150 billion.This is a good opportunity for investors to get some money back as Ant’s profit growth has slowed down significantly, Francis Chan, an analyst with Bloomberg Intelligence, said. Minority overseas shareholders might take this opportunity to reduce their stakes, he said.  Silver Lake Management LLC, Warburg Pincus LLC, and Carlyle Group Inc. were among the biggest US backers in that funding round. Others that put money in include Singapore’s GIC Pte, Khazanah Nasional Berhad, Canada Pension Plan Investment Board and Temasek Holdings Pte.Repurchase PlansAnt said it will transfer repurchased stock into the company’s staff incentive plan to attract talent.The individual limited partners of two entities that form the majority of Ant’s shareholders — mostly comprised of Ant executives — have voluntarily decided not sell shares back to Ant out of the long-term commitment to the company, according to the statement.The limited partners also committed to retaining the two dividends in 2022 with Hangzhou Junhan and Hangzhou Junao to enhance the operation’s capital strength.Overhang RemovedFinancial regulators led by the central bank fined Ant and its affiliates a total of 7.12 billion yuan on Friday, ending two years of probe into the company. Tencent was levied a 2.99 billion yuan fine.With the regulatory clampdowns out of the way Ant can spend more time building its business and even revive its IPO.Ant said in January it had no plans for an IPO at that time. Still, the company’s Chairman Eric Jing said in 2021 that Ant would eventually go public. Ant Overhual Ant co-founder Ma returned to China in early March after a prolonged period of traveling overseas. The government persuaded him to go back to the mainland as a means to showcase authorities’ support for private entrepreneurs, Bloomberg News had reported. The move follows Ma’s decision to cede control of Ant in January, holding about 6.2% voting rights after the change. Following that, the Communist Party chief of Hangzhou city praised Ant for abiding by the party’s leadership, and required local government departments to solve problems raised by the fintech company. Ant Chairman Says China’s Support for Private Firms RemainsMore than two years ago, Chinese regulators abruptly halted Ant’s IPO, sending shock waves across global capital markets. New rules have been slapped on the fintech giant, which has operations ranging from consumer lending and wealth management to online payments. The central bank ordered Ant to fold all financial units into a holding company. It also told the firm to open up its payments app to competitors and sever improper linking of payments with other products including its lending services. Ant is developing large-language model technology that will power ChatGPT-style services, joining a list of Chinese companies seeking to win an edge in next generation artificial intelligence. The company invested nearly 20.5 billion yuan in research and development last year, doubling its annual spending on such efforts from 2019.","news_type":1},"isVote":1,"tweetType":1,"viewCount":920,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4149170661512812","authorId":"4149170661512812","authorIdStr":"4149170661512812","name":"ksjd o4","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4149170661512812"},"content":"BABA has a poor technical rating and does not currently offer a high quality set-up. The price has continued to rise recently. For a good entry point, it is best to wait for consolidation.","text":"BABA has a poor technical rating and does not currently offer a high quality set-up. The price has continued to rise recently. For a good entry point, it is best to wait for consolidation.","html":"BABA has a poor technical rating and does not currently offer a high quality set-up. The price has continued to rise recently. For a good entry point, it is best to wait for consolidation."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194307976827096,"gmtCreate":1688476403421,"gmtModify":1688479274774,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"title":"Leading indicators provide the Macro views while Technical Analysis gives the Micro. Anyone agrees? ","htmlText":"Share a good site for consolidated indicators ... thank me laters&nbsp; https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/","listText":"Share a good site for consolidated indicators ... thank me laters&nbsp; https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/","text":"Share a good site for consolidated indicators ... thank me laters https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194307976827096","isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194265804959888,"gmtCreate":1688467779664,"gmtModify":1688468282510,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"Buy stocks with strong fundamentals and undervalued. Be patient, and wait for the long game. Dont&nbsp;react to sudden market movements. Have a clear and self convinced exit strategy.&nbsp;","listText":"Buy stocks with strong fundamentals and undervalued. Be patient, and wait for the long game. Dont&nbsp;react to sudden market movements. Have a clear and self convinced exit strategy.&nbsp;","text":"Buy stocks with strong fundamentals and undervalued. Be patient, and wait for the long game. Dont react to sudden market movements. Have a clear and self convinced exit strategy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194265804959888","isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955434094,"gmtCreate":1675659104818,"gmtModify":1676539939314,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking&nbsp;positive anyways. For the long haul, this might bea great opportunity to leverage these companies&nbsp;prices.&nbsp;","listText":"Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking&nbsp;positive anyways. For the long haul, this might bea great opportunity to leverage these companies&nbsp;prices.&nbsp;","text":"Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking positive anyways. For the long haul, this might bea great opportunity to leverage these companies prices.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/9955434094","repostId":"1116061984","repostType":4,"isVote":1,"tweetType":1,"viewCount":625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955039224,"gmtCreate":1675061059268,"gmtModify":1676538972929,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"Alibaba is Still&nbsp;super focused on growth at this point when there's so much turbulence in&nbsp;the economy leaving most organizations&nbsp;to refocus back into ops cost cutting - Alphabet, MSFT, AMZ.&nbsp;Truly a steadfast organization with a lesdership who has a&nbsp;clear vision.&nbsp;","listText":"Alibaba is Still&nbsp;super focused on growth at this point when there's so much turbulence in&nbsp;the economy leaving most organizations&nbsp;to refocus back into ops cost cutting - Alphabet, MSFT, AMZ.&nbsp;Truly a steadfast organization with a lesdership who has a&nbsp;clear vision.&nbsp;","text":"Alibaba is Still super focused on growth at this point when there's so much turbulence in the economy leaving most organizations to refocus back into ops cost cutting - Alphabet, MSFT, AMZ. Truly a steadfast organization with a lesdership who has a clear vision.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955039224","repostId":"2306951282","repostType":2,"repost":{"id":"2306951282","weMediaInfo":{"introduction":"Everything about China's Innovation","home_visible":1,"media_name":"Pandaily","id":"1045030379","head_image":"https://community-static.tradeup.com/news/aea029d3817be732c49c2a6b4e47b544"},"pubTimestamp":1674876355,"share":"https://ttm.financial/m/news/2306951282?lang=&edition=fundamental","pubTime":"2023-01-28 11:25","market":"sh","language":"en","title":"Alibaba Denies Setting Up Global HQ in Singapore","url":"https://stock-news.laohu8.com/highlight/detail?id=2306951282","media":"Pandaily","summary":"\nAlibaba denied a rumor that it is planning to build global headquarters in Singapore, adding that the firm had participated in the construction of a joint facility in 2019 to provide office space for various Southeast Asian business units under Lazada and other subsidiaries.\n","content":"<html><body><div>\n<p>Chinese tech giant Alibaba denied a rumor on January 27 that it is planning to build global headquarters in Singapore, adding that the firm had participated in the construction of a joint facility with local partners in 2019 to provide office space for various Southeast Asian business units under Lazada and other subsidiaries.</p>\n<p>In 2013, Alibaba established its global headquarters in Yuhang District, Hangzhou, China’s Zhejiang Province, meanwhile gradually carrying out expansions of its Xixi campus. After 10 years of construction, it will be fully completed according to the plan before the end of this year, with a capacity of 60,000 employees. The design and construction of the park focus on the concept of “ESG, science and technology, people-oriented,” and integrate environmental protection and ecological technologies such as sponge city, rainwater recovery, carbon neutrality, unmanned robots, and biodiversity conservation.</p>\n<p>“Alibaba was born, grew up and developed in Hangzhou. It is natural and inevitable that Alibaba‘s global headquarters is always in Hangzhou. At the same time, the company hopes to take root in China and expand to the world, actively promote its own globalization construction, and become a Chinese enterprise founded by the Chinese and with global competitiveness,” said an Alibaba spokesperson.</p>\n<p>In the past, rumors that Alibaba had built a global headquarters overseas and that firm founder Jack Ma had permanently moved approad have occasionally emerged, but they have always been denied. A January 20 report by Hong Kong media asserted that Ma had recently arrived in the city to prepare for Chinese New Year, dispelling rumors that he had settled in Japan or immigrated to Singapore.</p>\n<p>In the past year, Ma has visited many research institutions in the Netherlands, Japan, and Southeast Asia to inspect agricultural and fishery technology, repeatedly stating that rural education and public welfare will be the focus of his future work.</p>\n<p>Nonetheless, Singapore represents an important entrance point for Alibaba‘s global expansion. By 2022, Alibaba Cloud had set up six overseas service centers in Portugal, Mexico, Malaysia and other locations, all of which have been completed and put into use. On January 9 this year, Alibaba Cloud announced at the Singapore Summit that it would further increase overseas investment, set up an international capabilities center in Singapore and comprehensively upgrade its overseas service system.</p>\n<p><strong>SEE ALSO: Alibaba Reshuffles Cloud Business and DAMO Academy</strong></p>\n<p>The international capabilities center set up by Alibaba Cloud in Singapore includes four fields: products, ecology, operations and branding. In the past, Alibaba Cloud mainly provided general-purpose products for the international market. After the completion of this new center, a local product innovation team will be set up to design products, services and solutions that are more in line with local characteristics and respond to customer needs in a timely manner.</p> </div></body></html>","source":"pandaily_highlight","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>Alibaba Denies Setting Up Global HQ in Singapore</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\">\nAlibaba Denies Setting Up Global HQ in Singapore\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1045030379\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/aea029d3817be732c49c2a6b4e47b544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Pandaily </p>\n<p class=\"h-time\">2023-01-28 11:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><div>\n<p>Chinese tech giant Alibaba denied a rumor on January 27 that it is planning to build global headquarters in Singapore, adding that the firm had participated in the construction of a joint facility with local partners in 2019 to provide office space for various Southeast Asian business units under Lazada and other subsidiaries.</p>\n<p>In 2013, Alibaba established its global headquarters in Yuhang District, Hangzhou, China’s Zhejiang Province, meanwhile gradually carrying out expansions of its Xixi campus. After 10 years of construction, it will be fully completed according to the plan before the end of this year, with a capacity of 60,000 employees. The design and construction of the park focus on the concept of “ESG, science and technology, people-oriented,” and integrate environmental protection and ecological technologies such as sponge city, rainwater recovery, carbon neutrality, unmanned robots, and biodiversity conservation.</p>\n<p>“Alibaba was born, grew up and developed in Hangzhou. It is natural and inevitable that Alibaba‘s global headquarters is always in Hangzhou. At the same time, the company hopes to take root in China and expand to the world, actively promote its own globalization construction, and become a Chinese enterprise founded by the Chinese and with global competitiveness,” said an Alibaba spokesperson.</p>\n<p>In the past, rumors that Alibaba had built a global headquarters overseas and that firm founder Jack Ma had permanently moved approad have occasionally emerged, but they have always been denied. A January 20 report by Hong Kong media asserted that Ma had recently arrived in the city to prepare for Chinese New Year, dispelling rumors that he had settled in Japan or immigrated to Singapore.</p>\n<p>In the past year, Ma has visited many research institutions in the Netherlands, Japan, and Southeast Asia to inspect agricultural and fishery technology, repeatedly stating that rural education and public welfare will be the focus of his future work.</p>\n<p>Nonetheless, Singapore represents an important entrance point for Alibaba‘s global expansion. By 2022, Alibaba Cloud had set up six overseas service centers in Portugal, Mexico, Malaysia and other locations, all of which have been completed and put into use. On January 9 this year, Alibaba Cloud announced at the Singapore Summit that it would further increase overseas investment, set up an international capabilities center in Singapore and comprehensively upgrade its overseas service system.</p>\n<p><strong>SEE ALSO: Alibaba Reshuffles Cloud Business and DAMO Academy</strong></p>\n<p>The international capabilities center set up by Alibaba Cloud in Singapore includes four fields: products, ecology, operations and branding. In the past, Alibaba Cloud mainly provided general-purpose products for the international market. After the completion of this new center, a local product innovation team will be set up to design products, services and solutions that are more in line with local characteristics and respond to customer needs in a timely manner.</p> </div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://assets.pandaily.com/uploads/2023/01/未命名的设计-1-29.jpg","relate_stocks":{"LU0084288322.USD":"Natixis Asia Equity RD USD","09988":"阿里巴巴-W","BK4524":"宅经济概念","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0456846285.SGD":"JPMorgan Funds - Greater China A (acc) SGD","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4527":"明星科技股","LU0370786039.SGD":"Fidelity Greater China A-SGD","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","LU0251144936.SGD":"Fidelity Sustainable Asia Equity A-SGD","LU0029874905.USD":"TEMPLETON EMERGING MARKETS \"A\" INC","BK4585":"ETF&股票定投概念","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK1521":"挪威政府全球养老基金持仓","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0173614495.USD":"富达中国焦点A","LU0128522744.USD":"TEMPLETON EMERGING MARKETS \"A\" ACC","LU0359201612.USD":"贝莱德中国基金A2","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","BK4504":"桥水持仓","LU0072462343.USD":"贝莱德亚洲巨龙基金","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU0449509016.USD":"HSBC GIF BRIC EQUITY \"AC\" (USD) ACC","LU0214875030.USD":"HSBC GIF BRIC EQUITY \"M2C\" (USD) ACC","LU0228367735.SGD":"Eastspring Investments - Asian Equity Fund AS SGD","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4548":"巴美列捷福持仓","BK1142":"互联网与直销零售","BABA":"阿里巴巴","BK4565":"NFT概念","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4579":"人工智能","BK1517":"云办公","BK1584":"蚂蚁金服概念","BK4531":"中概回港概念","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4558":"双十一","LU0163747925.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY A ACC","BK4575":"芯片概念","BK1502":"双十一"},"source_url":"https://pandaily.com/alibaba-denies-setting-up-global-hq-in-singapore/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306951282","content_text":"Chinese tech giant Alibaba denied a rumor on January 27 that it is planning to build global headquarters in Singapore, adding that the firm had participated in the construction of a joint facility with local partners in 2019 to provide office space for various Southeast Asian business units under Lazada and other subsidiaries.\nIn 2013, Alibaba established its global headquarters in Yuhang District, Hangzhou, China’s Zhejiang Province, meanwhile gradually carrying out expansions of its Xixi campus. After 10 years of construction, it will be fully completed according to the plan before the end of this year, with a capacity of 60,000 employees. The design and construction of the park focus on the concept of “ESG, science and technology, people-oriented,” and integrate environmental protection and ecological technologies such as sponge city, rainwater recovery, carbon neutrality, unmanned robots, and biodiversity conservation.\n“Alibaba was born, grew up and developed in Hangzhou. It is natural and inevitable that Alibaba‘s global headquarters is always in Hangzhou. At the same time, the company hopes to take root in China and expand to the world, actively promote its own globalization construction, and become a Chinese enterprise founded by the Chinese and with global competitiveness,” said an Alibaba spokesperson.\nIn the past, rumors that Alibaba had built a global headquarters overseas and that firm founder Jack Ma had permanently moved approad have occasionally emerged, but they have always been denied. A January 20 report by Hong Kong media asserted that Ma had recently arrived in the city to prepare for Chinese New Year, dispelling rumors that he had settled in Japan or immigrated to Singapore.\nIn the past year, Ma has visited many research institutions in the Netherlands, Japan, and Southeast Asia to inspect agricultural and fishery technology, repeatedly stating that rural education and public welfare will be the focus of his future work.\nNonetheless, Singapore represents an important entrance point for Alibaba‘s global expansion. By 2022, Alibaba Cloud had set up six overseas service centers in Portugal, Mexico, Malaysia and other locations, all of which have been completed and put into use. On January 9 this year, Alibaba Cloud announced at the Singapore Summit that it would further increase overseas investment, set up an international capabilities center in Singapore and comprehensively upgrade its overseas service system.\nSEE ALSO: Alibaba Reshuffles Cloud Business and DAMO Academy\nThe international capabilities center set up by Alibaba Cloud in Singapore includes four fields: products, ecology, operations and branding. In the past, Alibaba Cloud mainly provided general-purpose products for the international market. After the completion of this new center, a local product innovation team will be set up to design products, services and solutions that are more in line with local characteristics and respond to customer needs in a timely manner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":300361535996144,"gmtCreate":1714349969615,"gmtModify":1714390376589,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"It's depends on your investment strategy and what stocks you are holding. All of my stocks are at net loss but I'm playing the long game as these stocks are currently. We are at the time of speculative trading, unless I need to liquidate to recover cash, my strategy would be to keep my portfolio until the stock hits&nbsp;its right valuation.","listText":"It's depends on your investment strategy and what stocks you are holding. All of my stocks are at net loss but I'm playing the long game as these stocks are currently. We are at the time of speculative trading, unless I need to liquidate to recover cash, my strategy would be to keep my portfolio until the stock hits&nbsp;its right valuation.","text":"It's depends on your investment strategy and what stocks you are holding. All of my stocks are at net loss but I'm playing the long game as these stocks are currently. We are at the time of speculative trading, unless I need to liquidate to recover cash, my strategy would be to keep my portfolio until the stock hits its right valuation.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2095,"commentSize":5,"repostSize":730,"link":"https://ttm.financial/post/300361535996144","isVote":1,"tweetType":1,"viewCount":15232,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000444","authorId":"9000000000000444","authorIdStr":"9000000000000444","name":"OgdenHerbert","avatar":"https://static.tigerbbs.com/075bc3e15bde527a282c42a96ff35a51","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000444"},"content":"Hang in there and keep an eye on your portfolio's potential for growth.","text":"Hang in there and keep an eye on your portfolio's potential for growth.","html":"Hang in there and keep an eye on your portfolio's potential for growth."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195649304477904,"gmtCreate":1688803308076,"gmtModify":1688803312216,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"Alibaba and its affiliates are in for the long game. All their actions are geared towards development and growth of the company. The mgmt isn't concerned with the macro situation because they are very focused on their objectives and this shows how determined they want to move the company forward past the current speed bump.&nbsp;","listText":"Alibaba and its affiliates are in for the long game. All their actions are geared towards development and growth of the company. The mgmt isn't concerned with the macro situation because they are very focused on their objectives and this shows how determined they want to move the company forward past the current speed bump.&nbsp;","text":"Alibaba and its affiliates are in for the long game. All their actions are geared towards development and growth of the company. The mgmt isn't concerned with the macro situation because they are very focused on their objectives and this shows how determined they want to move the company forward past the current speed bump.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":16,"commentSize":13,"repostSize":1,"link":"https://ttm.financial/post/195649304477904","repostId":"1137070708","repostType":2,"isVote":1,"tweetType":1,"viewCount":920,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4149170661512812","authorId":"4149170661512812","authorIdStr":"4149170661512812","name":"ksjd o4","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4149170661512812"},"content":"BABA has a poor technical rating and does not currently offer a high quality set-up. The price has continued to rise recently. For a good entry point, it is best to wait for consolidation.","text":"BABA has a poor technical rating and does not currently offer a high quality set-up. The price has continued to rise recently. For a good entry point, it is best to wait for consolidation.","html":"BABA has a poor technical rating and does not currently offer a high quality set-up. The price has continued to rise recently. For a good entry point, it is best to wait for consolidation."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195935769583632,"gmtCreate":1688873243207,"gmtModify":1688873297674,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"title":"When Opposites don’t attract … ","htmlText":"My thoughts are that most of the divergence are driven by Geo-political influences and the impact they have to other countries. We can thinknof this as Chinese Tech stocks are undervalued or US tech stocks are overvalued. Eventually how do we actuslly put value to a stock? if we think from an financial and economics standpoint China and the US situation is inverse to their tech stock performance ... what are your thoughts?&nbsp;","listText":"My thoughts are that most of the divergence are driven by Geo-political influences and the impact they have to other countries. We can thinknof this as Chinese Tech stocks are undervalued or US tech stocks are overvalued. Eventually how do we actuslly put value to a stock? if we think from an financial and economics standpoint China and the US situation is inverse to their tech stock performance ... what are your thoughts?&nbsp;","text":"My thoughts are that most of the divergence are driven by Geo-political influences and the impact they have to other countries. We can thinknof this as Chinese Tech stocks are undervalued or US tech stocks are overvalued. Eventually how do we actuslly put value to a stock? if we think from an financial and economics standpoint China and the US situation is inverse to their tech stock performance ... what are your thoughts?","images":[{"img":"https://community-static.tradeup.com/news/6dead1c22c315e900b9b8bf873231349","width":"1600","height":"2825"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":9,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/195935769583632","isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9955434094,"gmtCreate":1675659104818,"gmtModify":1676539939314,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking&nbsp;positive anyways. For the long haul, this might bea great opportunity to leverage these companies&nbsp;prices.&nbsp;","listText":"Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking&nbsp;positive anyways. For the long haul, this might bea great opportunity to leverage these companies&nbsp;prices.&nbsp;","text":"Depends on what those stocks are purchased for, shorting the market I can understand the need to bail, China still has strong fundamentals, and the drive this year is to grow the economy - mostly likely without the US market - which no love lost as US market is not looking positive anyways. For the long haul, this might bea great opportunity to leverage these companies prices.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/9955434094","repostId":"1116061984","repostType":4,"repost":{"id":"1116061984","pubTimestamp":1675653817,"share":"https://ttm.financial/m/news/1116061984?lang=&edition=fundamental","pubTime":"2023-02-06 11:23","market":"hk","language":"en","title":"Hong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle","url":"https://stock-news.laohu8.com/highlight/detail?id=1116061984","media":"South China Morning Post","summary":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concer","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/23ffb9598cdc77f2b054e325b9ddc260\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.</p><p>The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.</p><p><img src=\"https://static.tigerbbs.com/3b22b014614e983c99ee4cede44d0bec\" tg-width=\"830\" tg-height=\"160\" width=\"100%\" height=\"auto\"/></p><p>Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.</p><p><img src=\"https://static.tigerbbs.com/40217ac12b3a98d47795d1abc2662e4c\" tg-width=\"426\" tg-height=\"528\" width=\"100%\" height=\"auto\"/></p><p>The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.</p><p>Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.</p><p>“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.</p><p>Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.</p></body></html>","source":"lsy1600132093512","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>Hong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Slide As China Reopening Trade Wanes and Corporate Earnings Struggle \n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-06 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","09988":"阿里巴巴-W"},"source_url":"https://www.scmp.com/business/china-business/article/3209199/hong-kong-stocks-slide-china-reopening-trade-wanes-and-corporate-earnings-struggle-amid-renewed-us?module=perpetual_scroll_0&pgtype=article&campaign=3209199","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116061984","content_text":"Hong Kong  stocksdropped as China reopening bets waned amid struggling corporate earnings and concerns that thespy balloonincident will heighten US-China geopolitical tensions and provoke more sanctions against Chinese companies.The Hang Seng Index fell 2.55 per cent to 21,107.37 as of 11:27am local time, while the Tech Index lost 4 per cent and the Shanghai Composite Index retreated 1 per cent.Alibaba Group lost 3.77 per cent to HK$102.10, and Tencent dropped 2.86 per cent to HK$374. Baidu tumbled 3.31 per cent to HK$140, and JD.com slumped 5.03 per cent to HK$219.2. Developer Country Garden slid 3.93 per cent to HK$2.69. Macau casino operator Sands China lost 2.95 per cent to HK$28.The city’s benchmark stock index lost 4.5 per cent last week, the most since late October. Mainland investors sold HK$17.5 billion (US$2 billion) worth of Hong Kong-listed stocks last week, reducing net inflows this year to about US$500 million, according to Stock Connect data.Almost 60 per cent of Chinese companies lost money in 2022, the highest in at least a decade, according to data compiled by Industrial Securities last week, based on reports released so far this year. China Hongqiao, the world’s largest aluminium producer, warned net profit could decrease 40 per cent in 2022. It crashed 5.9 per cent to HK$8.36, the biggest drop since November last year.“Some investors are cashing out after profiting from the powerful rally during the past few months,” Zhang Qiyao, strategist at Industrial Securities said in a research note on Monday. The sentiment is also dipping as the market expects underwhelming earnings reports against the backdrop of weak economic data, he added.Asian markets were mixed on Monday. The Nikkei 225 index in Tokyo jumped 1.1 per cent, while the benchmark indexes in South Korea and Australia dropped 0.2 to 0.8 per cent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194265804959888,"gmtCreate":1688467779664,"gmtModify":1688468282510,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"Buy stocks with strong fundamentals and undervalued. Be patient, and wait for the long game. Dont&nbsp;react to sudden market movements. Have a clear and self convinced exit strategy.&nbsp;","listText":"Buy stocks with strong fundamentals and undervalued. Be patient, and wait for the long game. Dont&nbsp;react to sudden market movements. Have a clear and self convinced exit strategy.&nbsp;","text":"Buy stocks with strong fundamentals and undervalued. Be patient, and wait for the long game. Dont react to sudden market movements. Have a clear and self convinced exit strategy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194265804959888","isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":338783465431312,"gmtCreate":1723715042345,"gmtModify":1723715048138,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"Wooohooo! Finally a boss&nbsp;","listText":"Wooohooo! Finally a boss&nbsp;","text":"Wooohooo! Finally a boss","images":[{"img":"https://community-static.tradeup.com/news/85883acfce37e0482c71a3af31783ebe","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/338783465431312","isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":194307976827096,"gmtCreate":1688476403421,"gmtModify":1688479274774,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"title":"Leading indicators provide the Macro views while Technical Analysis gives the Micro. Anyone agrees? ","htmlText":"Share a good site for consolidated indicators ... thank me laters&nbsp; https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/","listText":"Share a good site for consolidated indicators ... thank me laters&nbsp; https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/","text":"Share a good site for consolidated indicators ... thank me laters https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194307976827096","isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955039224,"gmtCreate":1675061059268,"gmtModify":1676538972929,"author":{"id":"4135941909903582","authorId":"4135941909903582","authorIdStr":"4135941909903582","name":"GohTo","avatar":"https://community-static.tradeup.com/news/93ceacce5a5218cef36c5af2ace0c872","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135941909903582"},"themes":[],"htmlText":"Alibaba is Still&nbsp;super focused on growth at this point when there's so much turbulence in&nbsp;the economy leaving most organizations&nbsp;to refocus back into ops cost cutting - Alphabet, MSFT, AMZ.&nbsp;Truly a steadfast organization with a lesdership who has a&nbsp;clear vision.&nbsp;","listText":"Alibaba is Still&nbsp;super focused on growth at this point when there's so much turbulence in&nbsp;the economy leaving most organizations&nbsp;to refocus back into ops cost cutting - Alphabet, MSFT, AMZ.&nbsp;Truly a steadfast organization with a lesdership who has a&nbsp;clear vision.&nbsp;","text":"Alibaba is Still super focused on growth at this point when there's so much turbulence in the economy leaving most organizations to refocus back into ops cost cutting - Alphabet, MSFT, AMZ. Truly a steadfast organization with a lesdership who has a clear vision.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955039224","repostId":"2306951282","repostType":2,"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}