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2023-04-02

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U.S. Weekly Review: Stock Market Rallies On Micron, Alibaba, Lululemon, Ebbing Bank Fears

2023-04-02

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3 Top Stocks to Buy in April

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Singapore and China's Upgraded Relationship: What It Means

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Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO

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Alibaba Splits Into Six Units That May Pursue Individual IPOs

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The Nasdaq topped 12,000 while the S&amp;P 500 reclaimed its 50-day line. <strong>Micron Technology</strong> (<strong>MU</strong>) buoyed chips despite terrible results and near-term guidance. <strong>Alibaba</strong> (<strong>BABA</strong>) boomed on a major restructuring. <strong>Lululemon Athletica</strong> (<strong>LULU</strong>) and China EV giant <strong>BYD</strong> (<strong>BYDDF</strong>) were earnings winners.</p><h2 style=\"text-align: start;\">Stock Market Rally In Confirmed Uptrend</h2><p style=\"text-align: start;\">The stock market rally staged a follow-through day on Wednesday, confirming the rally. Banking fears waned, while earnings and other corporate news were positive and inflation cooled more than expected. The Nasdaq led the way, but the S&amp;P 500 reclaimed its 50-day line while the Dow Jones Industrial Average moved toward that key level. Treasury yields rose but didn&#39;t soar, while the U.S. dollar weakened.</p><h2 style=\"text-align: start;\">Inflation, Spending Tame</h2><p style=\"text-align: start;\">The Fed has somewhat less reason to be worried about both inflation and consumer spending after the latest data and past revisions. Inflation cooled more than expected in February after a couple of hot readings had seen the Fed turn more hawkish. The personal consumption expenditures price index rose 0.3% after a 0.6% rise in January. Core PCE prices, excluding food and energy, also rose 0.3%, slowing from 0.5%. The core PCE inflation rate eased to 4.6% from 4.7%. Prices for non-housing services, a key concern for the Fed because of the link with wage growth, also rose 0.3%. Meanwhile, consumer outlays rose a mild 0.2% in February. While January&#39;s gain was revised up to 2%, spending in Q4 was revised lower.</p><p style=\"text-align: start;\">Markets are still split on a Fed rate hike in early May.</p><h2 style=\"text-align: start;\">Alibaba Soars On Six-Way Split</h2><p style=\"text-align: start;\">The Chinese internet giant soared after announcing a groundbreaking move to split itself into six different companies that will operate independently and are free to raise funds and explore initial public offerings. <strong>Alibaba</strong> (<strong>BABA</strong>) CEO Daniel Zhang will continue to serve as chairman and CEO of parent Alibaba Group. The six business units, mostly carve-outs from its e-commerce businesses, will each be managed by their own CEO and board of directors.</p><p style=\"text-align: start;\"><strong>JD.com</strong> (<strong>JD</strong>) jumped Thursday after its JD Property and JD Industrial units filed for Hong Kong IPOs.</p><h2 style=\"text-align: start;\">Micron Offers Hope, Aehr Tops Views</h2><p style=\"text-align: start;\"><strong>Micron Technology</strong> (<strong>MU</strong>) missed Wall Street&#39;s low expectations for its fiscal second quarter and guided below views for the current Q3 as it struggles with a cyclical downturn in memory-chip demand. But CEO Sanjay Mehrotra said he sees a &#34;gradually improving supply-demand balance in the months ahead.&#34; MU stock jumped on the news, but fell Friday as China&#39;s cybersecurity regulator launched a review of Micron products. Meanwhile semiconductor equipment vendor <strong>Aehr Test Systems</strong> (<strong>AEHR</strong>) beat fiscal Q3 targets, thanks to strong demand for gear to test power chips for EVs. In other chip news, <strong>Intel</strong> (<strong>INTC</strong>) detailed its server processor road map and talked about its play in artificial intelligence at an investor event.</p><h2 style=\"text-align: start;\">BYD Profit Skyrockets</h2><p style=\"text-align: start;\">China&#39;s <strong>BYD</strong> (<strong>BYDDF</strong>) posted a fourth-quarter net profit of 7.3 billion yuan ($1.06 billion), vs. 602 million yuan a year earlier. For all of 2022, net profit vaulted 446% as revenue nearly doubled, said the Warren Buffett-backed company. BYD&#39;s revenue comes mostly  from electric vehicles, but also from mobile phone parts and batteries. In Q4, BYD auto revenue surged 152%. Last year BYD, the runaway leader in China&#39;s mass market for electric cars, tripled its EV sales, including hybrids, capped by a strong Q4. But the EV giant is facing headwinds in 2023: <strong>Tesla</strong> (<strong>TSLA</strong>) triggered a China EV price war amid slowing EV growth there. China&#39;s EV sales are set to continue to recover in March, on a month-over-month basis, the China Passenger Car Association said. Sales tumbled in January due in part to Covid issues and the Chinese New Year holiday. Still, BYD stock rose solidly.</p><h2 style=\"text-align: start;\">Tesla China Sales Dip, But Still Strong</h2><p style=\"text-align: start;\"><strong>Tesla</strong> (<strong>TSLA</strong>) insurance registrations in China fell modestly to 15,866 in the week ended March 26, after four straight weeks of increasing sales. The U.S.-based EV giant is still likely to reach record monthly China deliveries, helped by big price cuts. China EV giant <strong>BYD</strong> (<strong>BYDDF</strong>) had 43,490 total insurance registrations, its best showing this year. Its premium Denza unit had 2,227 registrations, a new high. BYD and Denza will unveil several models at the Shanghai Auto Show in April. <strong>Li Auto</strong> (<strong>LI</strong>) saw registrations fall 6% to 5,081. <strong>Nio</strong> (<strong>NIO</strong>) registrations grew 7% to 1,909 and <strong>XPeng</strong> (<strong>XPEV</strong>) registrations jumped 20% to 1,564. All appear to be on track for March and Q1 delivery targets. The Chinese EV makers will release those figures over the weekend, while Tesla will unveil global Q1 deliveries.</p><h2 style=\"text-align: start;\">Lululemon Soars On Earnings, Guidance</h2><p style=\"text-align: start;\"><strong>Lululemon Athletica</strong> (<strong>LULU</strong>) raised 2023 guidance after topping earnings and revenue estimates for the holiday fourth quarter. Year over year, earnings jumped nearly 31% to $4.40 a share. Revenue popped 30% to $2.8 billion. Both slightly accelerated from the prior quarter. Notably, the yogawear retailer made progress clearing out excess inventory, but that took a toll on margins, which got hit again in the quarter. LULU stock gapped higher.</p><h2 style=\"text-align: start;\">Bank Fears Ebb, SVB Sold</h2><p style=\"text-align: start;\">Systemic fears eased, lifting bank stocks, as regulators faced Capitol Hill hearings. <strong>First Citizens Bancshares</strong> (<strong>FCNCA</strong>) purchased nearly all the deposits and loans for SVB Financial&#39;s Silicon Valley Bank on Monday. FCNCA stock catapulted higher. The FDIC said the deposit insurance fund will take a $20 billion hit. It reportedly aims to levy a special fee on banks, weighted toward financial giants. Regulators told lawmakers in two days of hearings that the SVB failure was a &#34;textbook case of mismanagement.&#34; The FDIC, Fed and Treasury will review the bank failures and stress-test requirements, with Treasury Secretary Janet Yellen calling for stricter oversight on banks with $100 billion to $250 billion in assets.</p><h2 style=\"text-align: start;\">Regulators Go After Binance, But Bitcoin Gains</h2><p style=\"text-align: start;\">The Commodities Futures Trading Commission sued Binance and CEO Changpeng Zhao for alleged trading and derivatives violations on Monday, just days after the SEC issued a Wells notice warning of possible enforcement action vs. <strong>Coinbase</strong> (<strong>COIN</strong>). Investors pulled more than $1.6 billion in crypto from the exchange within 48 hours following the lawsuit. Bitcoin and ethereum retreated on the news before recovering back to multi-month highs by Wednesday. Elsewhere, disgraced former FTX CEO Sam Bankman-Fried pled not guilty to additional fraud and conspiracy charges Thursday after being accused of paying a $40 million bribe to Chinese officials to unlock frozen bank accounts.</p><h2 style=\"text-align: start;\">News In Brief</h2><p style=\"text-align: start;\"><strong>Walgreens Boots Alliance</strong> (<strong>WBA</strong>) reported a 27% EPS decline with sales up nearly 8% to $34.9 billion, both beating Q2 views.</p><p style=\"text-align: start;\"><strong>Progress Software</strong> (<strong>PRGS</strong>) easily beat fiscal Q1 views but shares tumbled on weak Q2 EPS guidance.</p><p style=\"text-align: start;\"><strong>Paychex</strong> (<strong>PAYX</strong>) topped fiscal Q3 estimates on Wednesday, with diluted EPS up 8% and sales also rising 8%, to $1.38 billion.</p><p style=\"text-align: start;\"><strong>Cintas</strong> (<strong>CTAS</strong>) fully diluted earnings per share climbed 11.3% in fiscal Q3 with revenue increasing 12% to $2.19 billion. The provider of uniforms and other business products guided up for the full year, implying a slight beat in Q4.</p><p style=\"text-align: start;\"><strong>Lovesac</strong> (<strong>LOVE</strong>) earnings fell 14% vs. a year earlier, just missing views. Sales grew 22%, beating. Shares of the furniture retailer jumped. <strong>RH Inc.</strong> (<strong>RH</strong>) fell to a fresh 2023 low after EPS and revenue declined more than expected with the upscale chain also giving weak sales guidance.</p><p style=\"text-align: start;\"><strong>Carnival</strong> (<strong>CCL</strong>) reported a smaller-than-expected Q1 loss while revenue surged 167%, slightly beating. Bookings were strong, but the cruise line operator warned of higher costs. CCL fell on that guidance, but rose modestly for the week.</p><p style=\"text-align: start;\"><strong>PVH Corp.</strong> (<strong>PVH</strong>) earnings fell 16% per share, but beat views. Revenue for the apparel giant, which makes Calvin Klein and many other clothing brands, climbed 2% to $2.49 billion vs. views for a 2.9% drop. Gross margins fell while inventories swelled 34%. PVH stock jumped.</p><p style=\"text-align: start;\"><strong>Cal-Maine</strong> (<strong>CALM</strong>) reported a 717% EPS gain while revenue soared 109%, both beating fiscal Q3 views as egg prices remained high due to avian flu outbreaks over the past year. Shares jumped.</p><p style=\"text-align: start;\"><strong>BioNTech</strong> (<strong>BNTX</strong>) crumbled Monday after guiding for roughly $5.4 billion in full-year sales of its Covid vaccine, missing forecasts. The came after the biotech reported Q4 EPS fell 24% and sales tumbled 23% to $4.61 billion, both topping forecasts.</p><p style=\"text-align: start;\"><strong>Novartis</strong> (<strong>NVS</strong>) surged Monday after an independent panel said the drug giant could stop a breast cancer study early due to strong signs of effectiveness. The regimen includes Kisqali and endocrine therapy, and could rival <strong>Eli Lilly</strong> (<strong>LLY</strong>) treatment Verzenio.</p><p style=\"text-align: start;\"><strong>Viking Therapeutics</strong> (<strong>VKTX</strong>) rocketed after phase 1 trial data showed recipients of its experimental obesity treatment lost up to 18 pounds. Viking is the latest company to use drugs that, in part, target a hormone called GLP-1 for weight loss. Viking&#39;s drug also activates a second hormone known as GIP.</p></body></html>","source":"lsy1610612141385","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. Weekly Review: Stock Market Rallies On Micron, Alibaba, Lululemon, Ebbing Bank Fears</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. Weekly Review: Stock Market Rallies On Micron, Alibaba, Lululemon, Ebbing Bank Fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-01 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/stock-market-rallies-on-micron-alibaba-lululemon-ebbing-bank-fears/><strong>Investor's Business Daily</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market rally is now in a confirmed market uptrend after staging a follow-through day Wednesday on upbeat corporate news, ebbing bank fears and relatively tame inflation data. The Nasdaq ...</p>\n\n<a href=\"https://www.investors.com/news/stock-market-rallies-on-micron-alibaba-lululemon-ebbing-bank-fears/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.investors.com/news/stock-market-rallies-on-micron-alibaba-lululemon-ebbing-bank-fears/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131602671","content_text":"The stock market rally is now in a confirmed market uptrend after staging a follow-through day Wednesday on upbeat corporate news, ebbing bank fears and relatively tame inflation data. The Nasdaq topped 12,000 while the S&P 500 reclaimed its 50-day line. Micron Technology (MU) buoyed chips despite terrible results and near-term guidance. Alibaba (BABA) boomed on a major restructuring. Lululemon Athletica (LULU) and China EV giant BYD (BYDDF) were earnings winners.Stock Market Rally In Confirmed UptrendThe stock market rally staged a follow-through day on Wednesday, confirming the rally. Banking fears waned, while earnings and other corporate news were positive and inflation cooled more than expected. The Nasdaq led the way, but the S&P 500 reclaimed its 50-day line while the Dow Jones Industrial Average moved toward that key level. Treasury yields rose but didn't soar, while the U.S. dollar weakened.Inflation, Spending TameThe Fed has somewhat less reason to be worried about both inflation and consumer spending after the latest data and past revisions. Inflation cooled more than expected in February after a couple of hot readings had seen the Fed turn more hawkish. The personal consumption expenditures price index rose 0.3% after a 0.6% rise in January. Core PCE prices, excluding food and energy, also rose 0.3%, slowing from 0.5%. The core PCE inflation rate eased to 4.6% from 4.7%. Prices for non-housing services, a key concern for the Fed because of the link with wage growth, also rose 0.3%. Meanwhile, consumer outlays rose a mild 0.2% in February. While January's gain was revised up to 2%, spending in Q4 was revised lower.Markets are still split on a Fed rate hike in early May.Alibaba Soars On Six-Way SplitThe Chinese internet giant soared after announcing a groundbreaking move to split itself into six different companies that will operate independently and are free to raise funds and explore initial public offerings. Alibaba (BABA) CEO Daniel Zhang will continue to serve as chairman and CEO of parent Alibaba Group. The six business units, mostly carve-outs from its e-commerce businesses, will each be managed by their own CEO and board of directors.JD.com (JD) jumped Thursday after its JD Property and JD Industrial units filed for Hong Kong IPOs.Micron Offers Hope, Aehr Tops ViewsMicron Technology (MU) missed Wall Street's low expectations for its fiscal second quarter and guided below views for the current Q3 as it struggles with a cyclical downturn in memory-chip demand. But CEO Sanjay Mehrotra said he sees a \"gradually improving supply-demand balance in the months ahead.\" MU stock jumped on the news, but fell Friday as China's cybersecurity regulator launched a review of Micron products. Meanwhile semiconductor equipment vendor Aehr Test Systems (AEHR) beat fiscal Q3 targets, thanks to strong demand for gear to test power chips for EVs. In other chip news, Intel (INTC) detailed its server processor road map and talked about its play in artificial intelligence at an investor event.BYD Profit SkyrocketsChina's BYD (BYDDF) posted a fourth-quarter net profit of 7.3 billion yuan ($1.06 billion), vs. 602 million yuan a year earlier. For all of 2022, net profit vaulted 446% as revenue nearly doubled, said the Warren Buffett-backed company. BYD's revenue comes mostly  from electric vehicles, but also from mobile phone parts and batteries. In Q4, BYD auto revenue surged 152%. Last year BYD, the runaway leader in China's mass market for electric cars, tripled its EV sales, including hybrids, capped by a strong Q4. But the EV giant is facing headwinds in 2023: Tesla (TSLA) triggered a China EV price war amid slowing EV growth there. China's EV sales are set to continue to recover in March, on a month-over-month basis, the China Passenger Car Association said. Sales tumbled in January due in part to Covid issues and the Chinese New Year holiday. Still, BYD stock rose solidly.Tesla China Sales Dip, But Still StrongTesla (TSLA) insurance registrations in China fell modestly to 15,866 in the week ended March 26, after four straight weeks of increasing sales. The U.S.-based EV giant is still likely to reach record monthly China deliveries, helped by big price cuts. China EV giant BYD (BYDDF) had 43,490 total insurance registrations, its best showing this year. Its premium Denza unit had 2,227 registrations, a new high. BYD and Denza will unveil several models at the Shanghai Auto Show in April. Li Auto (LI) saw registrations fall 6% to 5,081. Nio (NIO) registrations grew 7% to 1,909 and XPeng (XPEV) registrations jumped 20% to 1,564. All appear to be on track for March and Q1 delivery targets. The Chinese EV makers will release those figures over the weekend, while Tesla will unveil global Q1 deliveries.Lululemon Soars On Earnings, GuidanceLululemon Athletica (LULU) raised 2023 guidance after topping earnings and revenue estimates for the holiday fourth quarter. Year over year, earnings jumped nearly 31% to $4.40 a share. Revenue popped 30% to $2.8 billion. Both slightly accelerated from the prior quarter. Notably, the yogawear retailer made progress clearing out excess inventory, but that took a toll on margins, which got hit again in the quarter. LULU stock gapped higher.Bank Fears Ebb, SVB SoldSystemic fears eased, lifting bank stocks, as regulators faced Capitol Hill hearings. First Citizens Bancshares (FCNCA) purchased nearly all the deposits and loans for SVB Financial's Silicon Valley Bank on Monday. FCNCA stock catapulted higher. The FDIC said the deposit insurance fund will take a $20 billion hit. It reportedly aims to levy a special fee on banks, weighted toward financial giants. Regulators told lawmakers in two days of hearings that the SVB failure was a \"textbook case of mismanagement.\" The FDIC, Fed and Treasury will review the bank failures and stress-test requirements, with Treasury Secretary Janet Yellen calling for stricter oversight on banks with $100 billion to $250 billion in assets.Regulators Go After Binance, But Bitcoin GainsThe Commodities Futures Trading Commission sued Binance and CEO Changpeng Zhao for alleged trading and derivatives violations on Monday, just days after the SEC issued a Wells notice warning of possible enforcement action vs. Coinbase (COIN). Investors pulled more than $1.6 billion in crypto from the exchange within 48 hours following the lawsuit. Bitcoin and ethereum retreated on the news before recovering back to multi-month highs by Wednesday. Elsewhere, disgraced former FTX CEO Sam Bankman-Fried pled not guilty to additional fraud and conspiracy charges Thursday after being accused of paying a $40 million bribe to Chinese officials to unlock frozen bank accounts.News In BriefWalgreens Boots Alliance (WBA) reported a 27% EPS decline with sales up nearly 8% to $34.9 billion, both beating Q2 views.Progress Software (PRGS) easily beat fiscal Q1 views but shares tumbled on weak Q2 EPS guidance.Paychex (PAYX) topped fiscal Q3 estimates on Wednesday, with diluted EPS up 8% and sales also rising 8%, to $1.38 billion.Cintas (CTAS) fully diluted earnings per share climbed 11.3% in fiscal Q3 with revenue increasing 12% to $2.19 billion. The provider of uniforms and other business products guided up for the full year, implying a slight beat in Q4.Lovesac (LOVE) earnings fell 14% vs. a year earlier, just missing views. Sales grew 22%, beating. Shares of the furniture retailer jumped. RH Inc. (RH) fell to a fresh 2023 low after EPS and revenue declined more than expected with the upscale chain also giving weak sales guidance.Carnival (CCL) reported a smaller-than-expected Q1 loss while revenue surged 167%, slightly beating. Bookings were strong, but the cruise line operator warned of higher costs. CCL fell on that guidance, but rose modestly for the week.PVH Corp. (PVH) earnings fell 16% per share, but beat views. Revenue for the apparel giant, which makes Calvin Klein and many other clothing brands, climbed 2% to $2.49 billion vs. views for a 2.9% drop. Gross margins fell while inventories swelled 34%. PVH stock jumped.Cal-Maine (CALM) reported a 717% EPS gain while revenue soared 109%, both beating fiscal Q3 views as egg prices remained high due to avian flu outbreaks over the past year. Shares jumped.BioNTech (BNTX) crumbled Monday after guiding for roughly $5.4 billion in full-year sales of its Covid vaccine, missing forecasts. The came after the biotech reported Q4 EPS fell 24% and sales tumbled 23% to $4.61 billion, both topping forecasts.Novartis (NVS) surged Monday after an independent panel said the drug giant could stop a breast cancer study early due to strong signs of effectiveness. The regimen includes Kisqali and endocrine therapy, and could rival Eli Lilly (LLY) treatment Verzenio.Viking Therapeutics (VKTX) rocketed after phase 1 trial data showed recipients of its experimental obesity treatment lost up to 18 pounds. Viking is the latest company to use drugs that, in part, target a hormone called GLP-1 for weight loss. Viking's drug also activates a second hormone known as GIP.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941563141,"gmtCreate":1680438434284,"gmtModify":1680438437750,"author":{"id":"4143338012947072","authorId":"4143338012947072","name":"Rinn Chan","avatar":"https://community-static.tradeup.com/news/0ab5edf7a964ae4b00d08f76e4ee7419","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4143338012947072","authorIdStr":"4143338012947072"},"themes":[],"htmlText":"Yess","listText":"Yess","text":"Yess","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941563141","repostId":"2324052777","repostType":4,"repost":{"id":"2324052777","pubTimestamp":1680317739,"share":"https://ttm.financial/m/news/2324052777?lang=&edition=fundamental","pubTime":"2023-04-01 10:55","market":"us","language":"en","title":"3 Top Stocks to Buy in April","url":"https://stock-news.laohu8.com/highlight/detail?id=2324052777","media":"Motley Fool","summary":"Three months into 2023, let's look at some of the potential winners for the month ahead. Yes, I own all three.","content":"<html><head></head><body><p>Hope springs eternal this time of year, and the same can be said about the right stocks. I see some compelling bullish arguments to be made for many of my favorite stocks right now, making them stocks you should consider taking a closer look at in April and beyond.</p><p><strong>Lovesac</strong>, <strong>Disney</strong>, and <strong>Netflix</strong> are interesting companies selling at compelling price points. Let&#39;s see why I think these are three stocks that you may want to buy in the month ahead. </p><h2>1. Lovesac</h2><p>The furniture market may seem like an odd place to start a list of stocks to buy in April. The country&#39;s leading online furniture retailer -- <em>not</em> Lovesac -- has cranked out seven consecutive quarters of negative top-line growth, and analysts see another top-line dip this year. The housing market has cooled, and high interest rates make it more challenging to make big-ticket purchases. Some operators in this niche are still finding ways to grow in this climate, so pull up a premium beanbag chair -- or a high-tech sectional. </p><p>Lovesac is a refreshingly resilient player in an otherwise problematic market. It makes luxury beanbag chairs, including some large enough to seat an entire young family. It also makes next-gen sectionals that can be easily pieced together with home theater equipment buried deep in the cushions. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b125985942ce0e4e748ec6f57c4b09e\" alt=\"Image source: Lovesac.\" title=\"Image source: Lovesac.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Lovesac.</span></p><p></p><p>Lovesac has been a rock star, posting better than 30% annual revenue growth for six consecutive years. The streak will likely end this year, but Lovesac has momentum on its side. The stock jumped higher this week after posting blowout financial results. Revenue rose a better-than-expected 22% in its fiscal fourth quarter. Earnings also topped Wall Street profit targets, but it was a decline. </p><p>Fresh guidance calls for revenue gains to slow to a 7% to 14% clip for the new fiscal year. I warned you that its string of 30% or more annual sales growth was likely coming to an end. Lovesac&#39;s projected profit of $1.83 to $2.24 a share is also only marginally higher than last year&#39;s showing.</p><p>It&#39;s still impressive to see Lovesac growing when the furniture sector is out of favor. Just imagine how Lovesac will spring to life when consumers are ready to spend more to be comfortable around the house. In the meantime, you can pick up shares for less than 14 times the midpoint of this new fiscal year&#39;s earnings guidance. </p><h2>2. Disney</h2><p>Mickey Mouse isn&#39;t messing around. Disney just started a round of layoffs that will trim 7,000 jobs from its payroll. It&#39;s part of a broader effort to shave $5.5 billion in annual overhead and turn Disney+ profitable in the next 18 months. Boomerang CEO Bob Iger committing to turn Disney&#39;s bottom line around is ambitious, and the possibility that it can streamline its operations without sacrificing top-line gains is impressive.</p><p>Disney won&#39;t announce its fiscal second-quarter results until May, but it will host its annual shareholders meeting early next week. Iger&#39;s first shareholder meeting in years should be special. The media giant has done a good job of bouncing back from the global pandemic crisis. Its theme parks are generating record operating results. The two highest-grossing films at the box office this year belong to Disney, and it scored three of the top four last year. Its streaming businesses keep growing, offsetting the sluggish ways of its legacy networks. </p><p>It&#39;s surprising to see that Disney is in a good groove -- layoffs notwithstanding -- but the shares are trading for less than half of the all-time highs hit two years ago. With analysts jacking up future earnings targets, Disney is now trading for less than 18 times next fiscal year&#39;s projected profits.  </p><h2>3. Netflix   </h2><p>Finally we end on a stock that will be reporting a financial update in April. Netflix will serve up its first-quarter results after the market close on April 18. </p><p>Founder, CEO, and recent co-CEO Reed Hastings is moving on, but Netflix should fare well in its first financial update since his departure announcement. It expects to nearly double its free cash flow to $3 billion this year. Rolling out discounted but ad-supported tiers should make the service viable for more viewers. Cracking down on password sharing is controversial, but you can&#39;t blame Netflix for protecting its turf and growing revenue in the process.</p><p>Netflix shares rose more than 8% the day after its last earnings report, and that&#39;s roughly where the shares are now. What will happen if April delivers another blowout performance? With streaming services stocks struggling to strike the right balance between subscriber growth and profitability, Netflix has cracked the code. </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>3 Top Stocks to Buy in April</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 Top Stocks to Buy in April\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-01 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/31/3-top-stocks-to-buy-in-april/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hope springs eternal this time of year, and the same can be said about the right stocks. I see some compelling bullish arguments to be made for many of my favorite stocks right now, making them stocks...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/31/3-top-stocks-to-buy-in-april/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4588":"碎股","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4551":"寇图资本持仓","DIS":"迪士尼","BK4561":"索罗斯持仓","NFLX":"奈飞","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","BK4581":"高盛持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4548":"巴美列捷福持仓","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4108":"电影和娱乐","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","SG9999015978.USD":"利安颠覆性创新基金A","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4566":"资本集团","LU1046421795.USD":"富达环球科技A-ACC","BK4587":"ChatGPT概念","LOVE":"Lovesac Co.","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4524":"宅经济概念","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","BK4527":"明星科技股","BK4550":"红杉资本持仓","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC"},"source_url":"https://www.fool.com/investing/2023/03/31/3-top-stocks-to-buy-in-april/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324052777","content_text":"Hope springs eternal this time of year, and the same can be said about the right stocks. I see some compelling bullish arguments to be made for many of my favorite stocks right now, making them stocks you should consider taking a closer look at in April and beyond.Lovesac, Disney, and Netflix are interesting companies selling at compelling price points. Let's see why I think these are three stocks that you may want to buy in the month ahead. 1. LovesacThe furniture market may seem like an odd place to start a list of stocks to buy in April. The country's leading online furniture retailer -- not Lovesac -- has cranked out seven consecutive quarters of negative top-line growth, and analysts see another top-line dip this year. The housing market has cooled, and high interest rates make it more challenging to make big-ticket purchases. Some operators in this niche are still finding ways to grow in this climate, so pull up a premium beanbag chair -- or a high-tech sectional. Lovesac is a refreshingly resilient player in an otherwise problematic market. It makes luxury beanbag chairs, including some large enough to seat an entire young family. It also makes next-gen sectionals that can be easily pieced together with home theater equipment buried deep in the cushions. Image source: Lovesac.Lovesac has been a rock star, posting better than 30% annual revenue growth for six consecutive years. The streak will likely end this year, but Lovesac has momentum on its side. The stock jumped higher this week after posting blowout financial results. Revenue rose a better-than-expected 22% in its fiscal fourth quarter. Earnings also topped Wall Street profit targets, but it was a decline. Fresh guidance calls for revenue gains to slow to a 7% to 14% clip for the new fiscal year. I warned you that its string of 30% or more annual sales growth was likely coming to an end. Lovesac's projected profit of $1.83 to $2.24 a share is also only marginally higher than last year's showing.It's still impressive to see Lovesac growing when the furniture sector is out of favor. Just imagine how Lovesac will spring to life when consumers are ready to spend more to be comfortable around the house. In the meantime, you can pick up shares for less than 14 times the midpoint of this new fiscal year's earnings guidance. 2. DisneyMickey Mouse isn't messing around. Disney just started a round of layoffs that will trim 7,000 jobs from its payroll. It's part of a broader effort to shave $5.5 billion in annual overhead and turn Disney+ profitable in the next 18 months. Boomerang CEO Bob Iger committing to turn Disney's bottom line around is ambitious, and the possibility that it can streamline its operations without sacrificing top-line gains is impressive.Disney won't announce its fiscal second-quarter results until May, but it will host its annual shareholders meeting early next week. Iger's first shareholder meeting in years should be special. The media giant has done a good job of bouncing back from the global pandemic crisis. Its theme parks are generating record operating results. The two highest-grossing films at the box office this year belong to Disney, and it scored three of the top four last year. Its streaming businesses keep growing, offsetting the sluggish ways of its legacy networks. It's surprising to see that Disney is in a good groove -- layoffs notwithstanding -- but the shares are trading for less than half of the all-time highs hit two years ago. With analysts jacking up future earnings targets, Disney is now trading for less than 18 times next fiscal year's projected profits.  3. Netflix   Finally we end on a stock that will be reporting a financial update in April. Netflix will serve up its first-quarter results after the market close on April 18. Founder, CEO, and recent co-CEO Reed Hastings is moving on, but Netflix should fare well in its first financial update since his departure announcement. It expects to nearly double its free cash flow to $3 billion this year. Rolling out discounted but ad-supported tiers should make the service viable for more viewers. Cracking down on password sharing is controversial, but you can't blame Netflix for protecting its turf and growing revenue in the process.Netflix shares rose more than 8% the day after its last earnings report, and that's roughly where the shares are now. What will happen if April delivers another blowout performance? With streaming services stocks struggling to strike the right balance between subscriber growth and profitability, Netflix has cracked the code.","news_type":1},"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941563344,"gmtCreate":1680438386089,"gmtModify":1680440889269,"author":{"id":"4143338012947072","authorId":"4143338012947072","name":"Rinn Chan","avatar":"https://community-static.tradeup.com/news/0ab5edf7a964ae4b00d08f76e4ee7419","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4143338012947072","authorIdStr":"4143338012947072"},"themes":[],"htmlText":"Nice&nbsp;[Happy]&nbsp;","listText":"Nice&nbsp;[Happy]&nbsp;","text":"Nice [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941563344","repostId":"2324018834","repostType":4,"repost":{"id":"2324018834","pubTimestamp":1680328882,"share":"https://ttm.financial/m/news/2324018834?lang=&edition=fundamental","pubTime":"2023-04-01 14:01","market":"sg","language":"en","title":"Singapore and China's Upgraded Relationship: What It Means","url":"https://stock-news.laohu8.com/highlight/detail?id=2324018834","media":"The Straits Times","summary":"BEIJING – Singapore and China formally upgraded their relationship on Saturday, ushering in a new ph","content":"<div>\n<p>BEIJING – Singapore and China formally upgraded their relationship on Saturday, ushering in a new phase in diplomatic ties.From “All-Round Cooperative Partnership Progressing with the Times”, coined ...</p>\n\n<a href=\"https://www.straitstimes.com/asia/singapore-and-china-s-upgraded-relationship-what-it-means\">Web Link</a>\n\n</div>\n","source":"straits_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>Singapore and China's Upgraded Relationship: What It Means</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\">\nSingapore and China's Upgraded Relationship: What It Means\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-01 14:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/asia/singapore-and-china-s-upgraded-relationship-what-it-means><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING – Singapore and China formally upgraded their relationship on Saturday, ushering in a new phase in diplomatic ties.From “All-Round Cooperative Partnership Progressing with the Times”, coined ...</p>\n\n<a href=\"https://www.straitstimes.com/asia/singapore-and-china-s-upgraded-relationship-what-it-means\">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.straitstimes.com/asia/singapore-and-china-s-upgraded-relationship-what-it-means","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324018834","content_text":"BEIJING – Singapore and China formally upgraded their relationship on Saturday, ushering in a new phase in diplomatic ties.From “All-Round Cooperative Partnership Progressing with the Times”, coined in 2015 when President Xi Jinping made a state visit to Singapore, it has evolved into “All-Round High-Quality Future-Oriented Partnership” – a reflection of where both sides want to see the relationship go.A slew of new pacts – the signings on Saturday were witnessed by Prime Minister Lee Hsien Loong and Chinese Premier Li Qiang – pave the way for more collaboration in areas from Belt and Road Initiative (BRI) dispute mediation to food safety and trade, as well as water and environment research.Plans are also afoot to bring more artistes in China to Singapore for cultural exchanges and vice versa.Both sides have also concluded negotiations to upgrade the 14-year-old China-Singapore Free Trade Agreement (CSFTA), which will provide for more business-friendly, liberal and transparent rules, said a joint statement. There will be a signing this year before the pact is ratified and enters into force.Both PM Lee and President Xi Jinping on Friday reaffirmed the importance of the Joint Council for Bilateral Cooperation as the apex platform for bilateral cooperation, committing to hold the annual high-level dialogue “at the same level and frequency to provide for both sides’ high-quality and future-oriented cooperation”, according to a Singapore Ministry of Foreign Affairs statement.The two countries established formal diplomatic relations in October 1990.Here is a look at what the latest deals in the upgraded partnership are.Telecommunications services: A new Telecommunications Services Chapter, as part of the CSFTA, will allow Singapore and China investors and service suppliers even more access into each other’s market. The addition to the CSFTA, which provides the legal foundation to support the economic ties, will be signed later this year.Food safety and security: Singapore and China have agreed to exchange information to better understand the food safety regulatory frameworks and policies in both countries, and strengthen cooperation in food trade.High-level dialogues in food safety and food trade will be held.New mediation framework to manage BRI disputes: The supreme courts of Singapore and China will develop and implement a mediation framework to manage disputes from the BRI, Mr Xi’s signature foreign policy that aims to link China to the rest of the world.Water and the environment: Singapore’s National Research Foundation and China’s Ministry of Science and Technology will jointly support two flagship projects in water and the environment. For each project, the foundation will provide funding of up to $3 million over three years to Singapore researchers while the ministry will offer equivalent funding of up to 14 million yuan over three years to China researchers.Arts and culture: Singapore’s National Arts Council and the China National Arts Fund will provide opportunities for residencies, workshops and masterclasses, among other exchanges, for artistes from both countries to be held in either Singapore or China. They will also be given chances to collaborate and create pieces that can be showcased in China, Singapore or other nations.Wetlands and mangroves conservation: Singapore’s National Parks Board and China’s National Forestry and Grassland Administration will conduct research and exchange programmes that help to conserve mangroves and reduce the pressures from urbanisation. They will also exchange information and expertise on the conservation and sustainable use of small wetlands, among other areas.People-to-people exchange: Singapore’s embassy in Beijing and the Beijing Municipality Government will explore ways to strengthen cooperation in areas such as the economy, science and technology as well as education, among other areas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941563901,"gmtCreate":1680438350704,"gmtModify":1680440886878,"author":{"id":"4143338012947072","authorId":"4143338012947072","name":"Rinn Chan","avatar":"https://community-static.tradeup.com/news/0ab5edf7a964ae4b00d08f76e4ee7419","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4143338012947072","authorIdStr":"4143338012947072"},"themes":[],"htmlText":"Wow[Miser]&nbsp;","listText":"Wow[Miser]&nbsp;","text":"Wow[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941563901","repostId":"2323366547","repostType":2,"repost":{"id":"2323366547","pubTimestamp":1680157269,"share":"https://ttm.financial/m/news/2323366547?lang=&edition=fundamental","pubTime":"2023-03-30 14:21","market":"other","language":"en","title":"Alibaba Splits 6 Ways: A 6-Pack Of ETFs To Consider","url":"https://stock-news.laohu8.com/highlight/detail?id=2323366547","media":"seekingalpha","summary":"SummaryBABA thrilled the global stock markets by announcing plans to split into six different compan","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>BABA thrilled the global stock markets by announcing plans to split into six different companies.</p></li><li><p>As an ETF wonk, that prompted me to drill down to identify a variety of ways to capitalize on further BABA success, via ETFs that own it.</p></li><li><p>I think my six-pack of ideas has something for everyone interested in BABA, China or Asia more broadly.</p></li><li><p>Making the cut: ONLN, PGJ, AIA, AAXJ, KWEB, FXI.</p></li></ul><p>Well, that was exciting. On Tuesday, Alibaba Group Holding Ltd (BABA) thrilled global equity investors by announcing it is splitting into six main businesses, essentially spinning out its six main businesses into individual listed companies. I&#39;ll leave the detailed analysis of that announcement, and the future execution of BABA&#39;s plan, to the equity analyst-types on Seeking Alpha and elsewhere. My focus is on ETF investing, and starts with research. And in this case, I was naturally intrigued to see how to capitalize on this announcement. But first, a little perspective.</p><p>This appears to be long-term positive, not only for BABA but for Chinese and Asian equity markets. This is not only because there will soon be six different ways to invest in this behemoth&#39;s future success, but also because BABA is such a large part of so many ETFs that invest in China, or in Asia more broadly.</p><h3>For many investors, the love/hate relationship with Chinese stocks continues</h3><p>However, let&#39;s pause for a moment before I present and handicap my &#34;six-pack&#34; of different ETFs I have tracked for years that are suddenly benefiting from BABA&#39;s tailwind of an announcement. It seems like it was just weeks ago that China-based companies were a dirty word on Wall Street. In fact, one of them, TikTok, is in the bullseye of Congress right now. It&#39;s one of the few things both major US political parties seem to agree on. So, while there appears to be a good reward/risk tradeoff (my expression for &#34;bang for your investment buck&#34;) in the adrenaline rush that the BABA news is currently causing, this is still a Chinese company we&#39;re talking about. So, like so much of today&#39;s indecisive stock market, my views on ETFs that I think can be used to participate in the post-BABA six-way spinoff event has to be viewed as having limited run, until proven otherwise.</p><p>That&#39;s the thing about bear markets: They get you excited for a day or a week or even a month or two. But by my count, we&#39;ve had 20 false breakouts in the S&amp;P 500 since early last year. That speaks to a market that&#39;s running on sugar-high after sugar-high, with plenty of potential headwinds that can push back against the best of news, eventually. So, as with just about anything I publish these days, I&#39;m putting it into three distinct time frames. As it relates to these six ETFs that hold BABA:</p><h3>Time frame matters...more now than ever</h3><p>* The short term (weeks) looks like a strong reward/risk tradeoff. That is, all six of these have upside potential that&#39;s much greater than their risk of major loss. Sure a market &#34;torpedo&#34; can enter the picture at any time, with a banking crisis brewing and a host of pre-existing market conditions that make this as grizzly a bear market as I&#39;ve ever seen. We just have not had the price plunge yet. But until that (likely sudden) downturn arrives, there are &#34;tactical&#34; opportunities in different market segments, like this one.</p><p>* The intermediate-term (months) is where I think the greatest trouble is (again, with the caveat that the torpedo can arrive at any time with macro conditions like these). So in 2023, the key phrase is &#34;don&#39;t overstay your welcome...in anything equity-related.&#34; In other words, &#34;risk-management&#34; is rule No. 1. As such, I have laid out my opinions below with an eye toward that.</p><p>* The long term (years) looks good, as long as an investor can either avoid or ignore the big loss period that I believe is part of every bear market cycle. We all want to get on to the next bull, but you can&#39;t tell that to the market. It doesn&#39;t care.</p><p>With that in mind, let&#39;s take a look at where the reward/risk tradeoff looks most interesting and opportunistic to me right now. Of course, we&#39;ll do this through the eyes of the ETF marketplace.</p><p>I&#39;ll admit that I have just started using Seeking Alpha&#39;s ETF comparison tool... and I love it! This particular situation makes it a perfect fit for analysis that has, as its ultimate goal, to lay out a variety of favored ETFs, each of which is distinguished from the other five. There is so much diversity among ETFs that own BABA I didn&#39;t want to short-change this subject. So while I do have my personal favorites, I made sure to have a strong &#34;honorable mention&#34; list here, since I will never assume that any other investor is just like me. We&#39;re all investment &#34;snowflakes,&#34; if you will. Here&#39;s a chart, summarizing them in the order in which I will describe my opinions below.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6cfb7908b240b256b768c69f4b4620d0\" tg-width=\"640\" tg-height=\"156\"/></p><p>An Alibaba &#34;6-pack&#34; of ETFs to consider (SeekingAlpha.com)</p><h3>2 &#34;Undiscovered&#34; ETFs I like</h3><p>The assets invested in ETFs are extremely packed into a very small number of funds. But as the saying goes, good things come in small packages. I find that to be the case with many ETFs whose asset size and marketing reach is dwarfed by the biggest, loudest ETFs. So, the first pair I like are <a href=\"https://laohu8.com/S/ONLN\">ProShares Online Retail ETF</a> (ONLN) and Invesco Golden Dragon China ETF (PGJ).</p><p>ONLN is not a China or Asia ETF at all. It&#39;s a smallish ($101mm AUM) fund that trades about $2mm a day in volume. It owns 27 stocks whose common theme is that their primary business is driving online commerce. As with many ETFs I like, I&#39;m not looking for massive diversification because after a few dozen holdings, the benefits of spreading your risk diminish greatly. ETFs like ONLN are effective surrogates to get exposure to companies I want to own at a particular time, but with some built in diversification. Like I said above, risk-management plays a big role in all of this.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aca27ff5251d49d0306784521519e29e\" tg-width=\"635\" tg-height=\"483\"/></p><p>Data by YCharts</p><p>BABA is the second largest holding of ONLN. The biggest? Amazon.com (AMZN), at nearly a 25% allocation. BABA is around 12%, and just 10 stocks make up over 70% of this ETF. The China-ties to BABA are fine until the market changes its mind about something related to geopolitics. At that point, having AMZN as a &#34;partner&#34; at the top of this ETF appeals to me. ONLN satisfies the desire to own BABA because of its broader theme. The risk here, of course, is that by splitting into six separate companies, they may not all end up in this ETF. So the BABA presence may be diluted. For now, it is not, and that makes this little ETF very intriguing to me, short term and long term. As noted, the intermediate term is still a giant toss up on any idea I put forth. That&#39;s risk management for you!</p><p>PGJ is an ETF old-timer, with a nearly 20-year tenure. It was the first China-focused ETF I recall owning, not long after its 2004 debut. It has since been passed in asset size by many funds, and at about $220mm in AUM and only about $600,000 in daily trading volume, it&#39;s an ETF that clearly fits my &#34;undiscovered&#34; label... even though it was once pretty popular.</p><p>PGJ does not buy shares in the Chinese stock market, but rather owns Chinese companies that trade on US stock exchanges. Given all of the concerns about how China&#39;s government will conduct its business in the months and years ahead, that&#39;s a big plus for me. Now, the government could decide to do something drastic and disallow Chinese stocks to trade in the US. But as an ETF investor, the reaction can be as straightforward as entering a sell trade on your phone or computer. BABA is currently a 9% position in PGJ, so this is an ETF that can be used to get access to that one stock, but with 64 other stocks around it. Again, concentration of this ETF checks a friendly box for me. Over 60% of PGJ is comprised of 10 stocks. There&#39;s a lot of cyclical equity exposure here as well (nearly 50% of AUM), so the Chinese &#34;reopening&#34; theme should benefit this ETF.</p><p>ONLN and PGJ are my top recommendations for participating in BABA and the associated good tidings that may come from the impact that major announcement has on Chinese stocks, Asian equities and the online retail industry. For the rest of the investment snowflakes (a term of endearment to be clear), this pair of smaller ETFs may be a bit off the path. So, here are shorter summaries of my opinions on four other ETFs I follow, I&#39;ve owned at some point over the years, and that I think are relevant to the BABA news, and any lift it provides to the Asian equity markets.</p><h3>2 Diversified Asian ETFs I like</h3><p><a href=\"https://laohu8.com/S/EEMA\">iShares</a> Asia 50 ETF (AIA) and iShares MSCI All Country Asia ex Japan ETF (AAXJ) are my &#34;core&#34; go-to names in the diversified Asian equity ETF segment. They have been for a while. To be clear, my own investment style is a combination of buy-and-hold and tactical, with the latter dominating the former approach since late 2019, as the global equity markets peaked. In a bear market like this one, I just don&#39;t believe in being a hero and riding ETF holdings down 30%-70%. So, with that tactical disclaimer out of the way, here are a few key things to point out about AIA and AAXJ.</p><p>AIA is a concentrated equity ETF. How do we know? It says so in the fund name. This $1.6B ETF owns no Chinese mainland stocks. It gets its China exposure via accessing Chinese company stocks in both Hong Kong and Taiwan, with nearly 75% of AIA invested in those markets. So this is a China ETF with some Southeast Asian exposure added. This is the case with many Asian ETFs, given the dominant size of the China market within Asia. BABA is 7% of AIA, and there&#39;s a focus on four primary sectors. 35% is in Technology, and that sector plus Financials, Communication and Consumer Cyclical exposure add up to more than 90% of AUM. The top 10 holdings make up 60% of AIA, and view it as a solid core access vehicle for the China/Asia market.</p><p>AAXJ is about twice the size of AIA, but it looks similar in some ways. It also performs similarly much of the time, as shown below. BABA is not really a significant holding here, at less than 3%, so this is included my BABA six-pack primarily to alert investors to its wide reach across Asia. The performance differential between AAXJ and AIA is in part due to a 15% presence of stocks from India in the former, while the latter ETF (AIA) does not cover India. AAXJ is also less tech-heavy (23%) and is more wide spread across sectors. Actually, its current sector allocation is not too different from the S&amp;P 500, despite completely different regional allocations. Most of the sector exposures between those two are within a handful of percentage points, except for Healthcare, which we know is a bigger segment of the US economy than in most global locales.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/594e93c8babcfa8a31997335d62fe6f3\" tg-width=\"635\" tg-height=\"466\"/></p><p>Data by YCharts</p><h3>2 &#34;Wildcard&#34; China-linked ETFs I like</h3><p>Lastly, I&#39;ll quickly point out a pair of China-only ETFs that are better known to investors. KraneShares CSI China Internet ETF (KWEB) and iShares China Large-Cap ETF (FXI) each have more than $5B in ETFs, making them among the largest in the China/Asia ETF segment. They both focus on owning Chinese stocks in the Hong Kong market, with FXI exclusively operating on those exchanges, and KWEB devoting about 80% of its AUM to Hong Kong-listed China businesses. These are both widely-covered on the Seeking Alpha platform, so my main commentary here is that they&#39;re both viable vehicles to access BABA (9% of FXI and 8% of KWEB) as part of whatever non-BABA exposure an investor chooses to surround that with. KWEB&#39;s concentration in Internet stocks has produced some dramatic price swings in both directions over the years. It&#39;s up 65% since we recommended it in late October last year, but it also has an 88% drawdown on its resume. So for BABA plus a ton of thrills, KWEB a China ETF choice for the risk tolerant.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80bfeace0390d424aeed53559a966896\" tg-width=\"635\" tg-height=\"450\"/></p><p>Data by YCharts</p><p>[object HTMLElement]</p><h3>The 6-Pack, Summarized</h3><p>So, there you have it. Two smaller ETFs, two Asia ETFs and two China-only ETFs. All of them currently own BABA, and we&#39;ll see which parts of the new BABA group of companies are still retained in each ETF.</p><p>I favor the undiscovered pair (ONLN and PGJ) because I like smaller ETFs for many purposes and for many reasons, as expressed above. But AIA and AAXJ are my two favorite &#34;China-plus&#34; access vehicles, and KWEB and FXI are focused, Hong Kong-driven China plays. The BABA news certainly has equity investors scrambling to dissect and discern what it means to that company, the China market (given its dominant position there), and by extension Asia and the rest of the global equity market. For those who, like me, prefer to hunt for ETFs to express our investment preferences, I hope this wide-ranging article helps introduce some perspective and ideas to delve into.</p></body></html>","source":"seekingalpha_fund","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 Splits 6 Ways: A 6-Pack Of ETFs To Consider</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 Splits 6 Ways: A 6-Pack Of ETFs To Consider\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-30 14:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4591055-alibaba-splits-6-ways-etfs-to-consider><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryBABA thrilled the global stock markets by announcing plans to split into six different companies.As an ETF wonk, that prompted me to drill down to identify a variety of ways to capitalize on ...</p>\n\n<a href=\"https://seekingalpha.com/article/4591055-alibaba-splits-6-ways-etfs-to-consider\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","PGJ":"中国ETF-PowerShares Gldn Drago","AIA":"iShares S&P Asia 50 Index Fund","KWEB":"中国海外互联网ETF-KraneShares","FXI":"中国大盘股ETF-iShares","AAXJ":"亚洲ETF-iShares MSCI","ONLN":"ProShares Online Retail ETF","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4591055-alibaba-splits-6-ways-etfs-to-consider","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323366547","content_text":"SummaryBABA thrilled the global stock markets by announcing plans to split into six different companies.As an ETF wonk, that prompted me to drill down to identify a variety of ways to capitalize on further BABA success, via ETFs that own it.I think my six-pack of ideas has something for everyone interested in BABA, China or Asia more broadly.Making the cut: ONLN, PGJ, AIA, AAXJ, KWEB, FXI.Well, that was exciting. On Tuesday, Alibaba Group Holding Ltd (BABA) thrilled global equity investors by announcing it is splitting into six main businesses, essentially spinning out its six main businesses into individual listed companies. I'll leave the detailed analysis of that announcement, and the future execution of BABA's plan, to the equity analyst-types on Seeking Alpha and elsewhere. My focus is on ETF investing, and starts with research. And in this case, I was naturally intrigued to see how to capitalize on this announcement. But first, a little perspective.This appears to be long-term positive, not only for BABA but for Chinese and Asian equity markets. This is not only because there will soon be six different ways to invest in this behemoth's future success, but also because BABA is such a large part of so many ETFs that invest in China, or in Asia more broadly.For many investors, the love/hate relationship with Chinese stocks continuesHowever, let's pause for a moment before I present and handicap my \"six-pack\" of different ETFs I have tracked for years that are suddenly benefiting from BABA's tailwind of an announcement. It seems like it was just weeks ago that China-based companies were a dirty word on Wall Street. In fact, one of them, TikTok, is in the bullseye of Congress right now. It's one of the few things both major US political parties seem to agree on. So, while there appears to be a good reward/risk tradeoff (my expression for \"bang for your investment buck\") in the adrenaline rush that the BABA news is currently causing, this is still a Chinese company we're talking about. So, like so much of today's indecisive stock market, my views on ETFs that I think can be used to participate in the post-BABA six-way spinoff event has to be viewed as having limited run, until proven otherwise.That's the thing about bear markets: They get you excited for a day or a week or even a month or two. But by my count, we've had 20 false breakouts in the S&P 500 since early last year. That speaks to a market that's running on sugar-high after sugar-high, with plenty of potential headwinds that can push back against the best of news, eventually. So, as with just about anything I publish these days, I'm putting it into three distinct time frames. As it relates to these six ETFs that hold BABA:Time frame matters...more now than ever* The short term (weeks) looks like a strong reward/risk tradeoff. That is, all six of these have upside potential that's much greater than their risk of major loss. Sure a market \"torpedo\" can enter the picture at any time, with a banking crisis brewing and a host of pre-existing market conditions that make this as grizzly a bear market as I've ever seen. We just have not had the price plunge yet. But until that (likely sudden) downturn arrives, there are \"tactical\" opportunities in different market segments, like this one.* The intermediate-term (months) is where I think the greatest trouble is (again, with the caveat that the torpedo can arrive at any time with macro conditions like these). So in 2023, the key phrase is \"don't overstay your welcome...in anything equity-related.\" In other words, \"risk-management\" is rule No. 1. As such, I have laid out my opinions below with an eye toward that.* The long term (years) looks good, as long as an investor can either avoid or ignore the big loss period that I believe is part of every bear market cycle. We all want to get on to the next bull, but you can't tell that to the market. It doesn't care.With that in mind, let's take a look at where the reward/risk tradeoff looks most interesting and opportunistic to me right now. Of course, we'll do this through the eyes of the ETF marketplace.I'll admit that I have just started using Seeking Alpha's ETF comparison tool... and I love it! This particular situation makes it a perfect fit for analysis that has, as its ultimate goal, to lay out a variety of favored ETFs, each of which is distinguished from the other five. There is so much diversity among ETFs that own BABA I didn't want to short-change this subject. So while I do have my personal favorites, I made sure to have a strong \"honorable mention\" list here, since I will never assume that any other investor is just like me. We're all investment \"snowflakes,\" if you will. Here's a chart, summarizing them in the order in which I will describe my opinions below.An Alibaba \"6-pack\" of ETFs to consider (SeekingAlpha.com)2 \"Undiscovered\" ETFs I likeThe assets invested in ETFs are extremely packed into a very small number of funds. But as the saying goes, good things come in small packages. I find that to be the case with many ETFs whose asset size and marketing reach is dwarfed by the biggest, loudest ETFs. So, the first pair I like are ProShares Online Retail ETF (ONLN) and Invesco Golden Dragon China ETF (PGJ).ONLN is not a China or Asia ETF at all. It's a smallish ($101mm AUM) fund that trades about $2mm a day in volume. It owns 27 stocks whose common theme is that their primary business is driving online commerce. As with many ETFs I like, I'm not looking for massive diversification because after a few dozen holdings, the benefits of spreading your risk diminish greatly. ETFs like ONLN are effective surrogates to get exposure to companies I want to own at a particular time, but with some built in diversification. Like I said above, risk-management plays a big role in all of this.Data by YChartsBABA is the second largest holding of ONLN. The biggest? Amazon.com (AMZN), at nearly a 25% allocation. BABA is around 12%, and just 10 stocks make up over 70% of this ETF. The China-ties to BABA are fine until the market changes its mind about something related to geopolitics. At that point, having AMZN as a \"partner\" at the top of this ETF appeals to me. ONLN satisfies the desire to own BABA because of its broader theme. The risk here, of course, is that by splitting into six separate companies, they may not all end up in this ETF. So the BABA presence may be diluted. For now, it is not, and that makes this little ETF very intriguing to me, short term and long term. As noted, the intermediate term is still a giant toss up on any idea I put forth. That's risk management for you!PGJ is an ETF old-timer, with a nearly 20-year tenure. It was the first China-focused ETF I recall owning, not long after its 2004 debut. It has since been passed in asset size by many funds, and at about $220mm in AUM and only about $600,000 in daily trading volume, it's an ETF that clearly fits my \"undiscovered\" label... even though it was once pretty popular.PGJ does not buy shares in the Chinese stock market, but rather owns Chinese companies that trade on US stock exchanges. Given all of the concerns about how China's government will conduct its business in the months and years ahead, that's a big plus for me. Now, the government could decide to do something drastic and disallow Chinese stocks to trade in the US. But as an ETF investor, the reaction can be as straightforward as entering a sell trade on your phone or computer. BABA is currently a 9% position in PGJ, so this is an ETF that can be used to get access to that one stock, but with 64 other stocks around it. Again, concentration of this ETF checks a friendly box for me. Over 60% of PGJ is comprised of 10 stocks. There's a lot of cyclical equity exposure here as well (nearly 50% of AUM), so the Chinese \"reopening\" theme should benefit this ETF.ONLN and PGJ are my top recommendations for participating in BABA and the associated good tidings that may come from the impact that major announcement has on Chinese stocks, Asian equities and the online retail industry. For the rest of the investment snowflakes (a term of endearment to be clear), this pair of smaller ETFs may be a bit off the path. So, here are shorter summaries of my opinions on four other ETFs I follow, I've owned at some point over the years, and that I think are relevant to the BABA news, and any lift it provides to the Asian equity markets.2 Diversified Asian ETFs I likeiShares Asia 50 ETF (AIA) and iShares MSCI All Country Asia ex Japan ETF (AAXJ) are my \"core\" go-to names in the diversified Asian equity ETF segment. They have been for a while. To be clear, my own investment style is a combination of buy-and-hold and tactical, with the latter dominating the former approach since late 2019, as the global equity markets peaked. In a bear market like this one, I just don't believe in being a hero and riding ETF holdings down 30%-70%. So, with that tactical disclaimer out of the way, here are a few key things to point out about AIA and AAXJ.AIA is a concentrated equity ETF. How do we know? It says so in the fund name. This $1.6B ETF owns no Chinese mainland stocks. It gets its China exposure via accessing Chinese company stocks in both Hong Kong and Taiwan, with nearly 75% of AIA invested in those markets. So this is a China ETF with some Southeast Asian exposure added. This is the case with many Asian ETFs, given the dominant size of the China market within Asia. BABA is 7% of AIA, and there's a focus on four primary sectors. 35% is in Technology, and that sector plus Financials, Communication and Consumer Cyclical exposure add up to more than 90% of AUM. The top 10 holdings make up 60% of AIA, and view it as a solid core access vehicle for the China/Asia market.AAXJ is about twice the size of AIA, but it looks similar in some ways. It also performs similarly much of the time, as shown below. BABA is not really a significant holding here, at less than 3%, so this is included my BABA six-pack primarily to alert investors to its wide reach across Asia. The performance differential between AAXJ and AIA is in part due to a 15% presence of stocks from India in the former, while the latter ETF (AIA) does not cover India. AAXJ is also less tech-heavy (23%) and is more wide spread across sectors. Actually, its current sector allocation is not too different from the S&P 500, despite completely different regional allocations. Most of the sector exposures between those two are within a handful of percentage points, except for Healthcare, which we know is a bigger segment of the US economy than in most global locales.Data by YCharts2 \"Wildcard\" China-linked ETFs I likeLastly, I'll quickly point out a pair of China-only ETFs that are better known to investors. KraneShares CSI China Internet ETF (KWEB) and iShares China Large-Cap ETF (FXI) each have more than $5B in ETFs, making them among the largest in the China/Asia ETF segment. They both focus on owning Chinese stocks in the Hong Kong market, with FXI exclusively operating on those exchanges, and KWEB devoting about 80% of its AUM to Hong Kong-listed China businesses. These are both widely-covered on the Seeking Alpha platform, so my main commentary here is that they're both viable vehicles to access BABA (9% of FXI and 8% of KWEB) as part of whatever non-BABA exposure an investor chooses to surround that with. KWEB's concentration in Internet stocks has produced some dramatic price swings in both directions over the years. It's up 65% since we recommended it in late October last year, but it also has an 88% drawdown on its resume. So for BABA plus a ton of thrills, KWEB a China ETF choice for the risk tolerant.Data by YCharts[object HTMLElement]The 6-Pack, SummarizedSo, there you have it. Two smaller ETFs, two Asia ETFs and two China-only ETFs. All of them currently own BABA, and we'll see which parts of the new BABA group of companies are still retained in each ETF.I favor the undiscovered pair (ONLN and PGJ) because I like smaller ETFs for many purposes and for many reasons, as expressed above. But AIA and AAXJ are my two favorite \"China-plus\" access vehicles, and KWEB and FXI are focused, Hong Kong-driven China plays. The BABA news certainly has equity investors scrambling to dissect and discern what it means to that company, the China market (given its dominant position there), and by extension Asia and the rest of the global equity market. For those who, like me, prefer to hunt for ETFs to express our investment preferences, I hope this wide-ranging article helps introduce some perspective and ideas to delve into.","news_type":1},"isVote":1,"tweetType":1,"viewCount":796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941563089,"gmtCreate":1680438332242,"gmtModify":1680440884666,"author":{"id":"4143338012947072","authorId":"4143338012947072","name":"Rinn Chan","avatar":"https://community-static.tradeup.com/news/0ab5edf7a964ae4b00d08f76e4ee7419","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4143338012947072","authorIdStr":"4143338012947072"},"themes":[],"htmlText":"Nice 33","listText":"Nice 33","text":"Nice 33","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941563089","repostId":"1121093092","repostType":2,"repost":{"id":"1121093092","pubTimestamp":1680179447,"share":"https://ttm.financial/m/news/1121093092?lang=&edition=fundamental","pubTime":"2023-03-30 20:30","market":"us","language":"en","title":"Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1121093092","media":"Bloomberg","summary":"CICC, Citi are working with Cainiao on potential share saleA listing could happen as soon as end of ","content":"<html><head></head><body><ul><li><p>CICC, Citi are working with Cainiao on potential share sale</p></li><li><p>A listing could happen as soon as end of 2023, people say</p></li></ul><p>Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has started preparations with banks for its Hong Kong initial public offering, people familiar with the matter said, paving way to be the first of the Chinese tech firm’s six business units to go public.</p><p>Banks including China International Capital Corp. and Citigroup Inc. are working with the company to prepare for the first-time share sale, the people said. The firm is targeting a listing as soon as the end of this year, said one of the people, asking not to be identified as the information is private. Cainiao is currently valued at more than $20 billion, the people said.</p><p>Cainiao hasn’t decided on the IPO size, while the timeline is still subject to changes depending on market conditions, the people said. A representative for Cainiao said the company doesn’t have a clear plan and timeline for an IPO. A representative for Citigroup declined to comment, while a representative for CICC didn’t immediately respond to requests for comment.</p><p>Alibaba this week unveiled plans to split its $250 billion business into six main units encompassing e-commerce, media and the cloud. Each business will explore fundraising or IPO at an appropriate time. The tech mammoth will consider gradually giving up control of some of its main businesses, Alibaba Chief Executive Officer Daniel Zhang said on a conference call on Thursday, but declined to specify a timeline for any IPOs.</p><p>Cainiao, which means rookie or amateur in Chinese, promises to deliver packages in China within 24 hours and anywhere else in the world in 72 hours, according to its website. It directly operated nine overseas sorting centers and partnered with more than 500 logistics companies globally as of March 2022.</p><p>The Alibaba arm’s revenue, after inter-segment elimination, rose 27% on a year-on-year basis to 16.6 billion yuan ($2.4 billion) for the three months ended Dec. 31, according to a statement last month. Upgrades in consumer logistics services and international fulfillment solutions contributed to the growth.</p><p>Alibaba gained 1.95% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/91e88fe07d05a4e4ad09da3e342406d1\" title=\"\" tg-width=\"783\" tg-height=\"629\"/></p><p></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>Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong 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\">\nAlibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-30 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-30/alibaba-s-20-billion-logistics-arm-said-to-gear-up-for-hk-ipo?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICC, Citi are working with Cainiao on potential share saleA listing could happen as soon as end of 2023, people sayCainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-30/alibaba-s-20-billion-logistics-arm-said-to-gear-up-for-hk-ipo?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":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-30/alibaba-s-20-billion-logistics-arm-said-to-gear-up-for-hk-ipo?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121093092","content_text":"CICC, Citi are working with Cainiao on potential share saleA listing could happen as soon as end of 2023, people sayCainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has started preparations with banks for its Hong Kong initial public offering, people familiar with the matter said, paving way to be the first of the Chinese tech firm’s six business units to go public.Banks including China International Capital Corp. and Citigroup Inc. are working with the company to prepare for the first-time share sale, the people said. The firm is targeting a listing as soon as the end of this year, said one of the people, asking not to be identified as the information is private. Cainiao is currently valued at more than $20 billion, the people said.Cainiao hasn’t decided on the IPO size, while the timeline is still subject to changes depending on market conditions, the people said. A representative for Cainiao said the company doesn’t have a clear plan and timeline for an IPO. A representative for Citigroup declined to comment, while a representative for CICC didn’t immediately respond to requests for comment.Alibaba this week unveiled plans to split its $250 billion business into six main units encompassing e-commerce, media and the cloud. Each business will explore fundraising or IPO at an appropriate time. The tech mammoth will consider gradually giving up control of some of its main businesses, Alibaba Chief Executive Officer Daniel Zhang said on a conference call on Thursday, but declined to specify a timeline for any IPOs.Cainiao, which means rookie or amateur in Chinese, promises to deliver packages in China within 24 hours and anywhere else in the world in 72 hours, according to its website. It directly operated nine overseas sorting centers and partnered with more than 500 logistics companies globally as of March 2022.The Alibaba arm’s revenue, after inter-segment elimination, rose 27% on a year-on-year basis to 16.6 billion yuan ($2.4 billion) for the three months ended Dec. 31, according to a statement last month. Upgrades in consumer logistics services and international fulfillment solutions contributed to the growth.Alibaba gained 1.95% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941569711,"gmtCreate":1680438317133,"gmtModify":1680440883084,"author":{"id":"4143338012947072","authorId":"4143338012947072","name":"Rinn Chan","avatar":"https://community-static.tradeup.com/news/0ab5edf7a964ae4b00d08f76e4ee7419","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4143338012947072","authorIdStr":"4143338012947072"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941569711","repostId":"1173142444","repostType":2,"repost":{"id":"1173142444","pubTimestamp":1679994145,"share":"https://ttm.financial/m/news/1173142444?lang=&edition=fundamental","pubTime":"2023-03-28 17:02","market":"us","language":"en","title":"Alibaba Splits Into Six Units That May Pursue Individual IPOs","url":"https://stock-news.laohu8.com/highlight/detail?id=1173142444","media":"Bloomberg","summary":"Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing","content":"<html><head></head><body><p>Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings when the time is right.</p><p>Group Chief Executive Officer Daniel Zhang will head up the cloud intelligence division, a nod to the growing role that AI will play in the e-commerce leader’s portfolio in the long run. Former international retail chief Jiang Fan will head up the digital business unit, while longtime executive Trudy Dai takes up the main Taobao Tmall online shopping division. Its other divisions include local services such as meal delivery, the Cainiao logistics group and digital media and entertainment.</p><p>“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.</p><p>Alibaba gains over 6% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/fd844e59d23e95c318fdd824c72792c0\" tg-width=\"824\" tg-height=\"629\" width=\"100%\" height=\"auto\"/></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>Alibaba Splits Into Six Units That May Pursue Individual IPOs</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 Splits Into Six Units That May Pursue Individual IPOs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 17:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-28/alibaba-splits-into-six-units-that-may-pursue-individual-ipos><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-28/alibaba-splits-into-six-units-that-may-pursue-individual-ipos\">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/2023-03-28/alibaba-splits-into-six-units-that-may-pursue-individual-ipos","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173142444","content_text":"Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings when the time is right.Group Chief Executive Officer Daniel Zhang will head up the cloud intelligence division, a nod to the growing role that AI will play in the e-commerce leader’s portfolio in the long run. Former international retail chief Jiang Fan will head up the digital business unit, while longtime executive Trudy Dai takes up the main Taobao Tmall online shopping division. Its other divisions include local services such as meal delivery, the Cainiao logistics group and digital media and entertainment.“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.Alibaba gains over 6% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9941563344,"gmtCreate":1680438386089,"gmtModify":1680440889269,"author":{"id":"4143338012947072","authorId":"4143338012947072","name":"Rinn Chan","avatar":"https://community-static.tradeup.com/news/0ab5edf7a964ae4b00d08f76e4ee7419","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4143338012947072","authorIdStr":"4143338012947072"},"themes":[],"htmlText":"Nice&nbsp;[Happy]&nbsp;","listText":"Nice&nbsp;[Happy]&nbsp;","text":"Nice 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Chan","avatar":"https://community-static.tradeup.com/news/0ab5edf7a964ae4b00d08f76e4ee7419","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4143338012947072","authorIdStr":"4143338012947072"},"themes":[],"htmlText":"Nice 33","listText":"Nice 33","text":"Nice 33","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941563089","repostId":"1121093092","repostType":2,"repost":{"id":"1121093092","pubTimestamp":1680179447,"share":"https://ttm.financial/m/news/1121093092?lang=&edition=fundamental","pubTime":"2023-03-30 20:30","market":"us","language":"en","title":"Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1121093092","media":"Bloomberg","summary":"CICC, Citi are working with Cainiao on potential share saleA listing could happen as soon as end of ","content":"<html><head></head><body><ul><li><p>CICC, Citi are working with Cainiao on potential share sale</p></li><li><p>A listing could happen as soon as end of 2023, people say</p></li></ul><p>Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has started preparations with banks for its Hong Kong initial public offering, people familiar with the matter said, paving way to be the first of the Chinese tech firm’s six business units to go public.</p><p>Banks including China International Capital Corp. and Citigroup Inc. are working with the company to prepare for the first-time share sale, the people said. The firm is targeting a listing as soon as the end of this year, said one of the people, asking not to be identified as the information is private. Cainiao is currently valued at more than $20 billion, the people said.</p><p>Cainiao hasn’t decided on the IPO size, while the timeline is still subject to changes depending on market conditions, the people said. A representative for Cainiao said the company doesn’t have a clear plan and timeline for an IPO. A representative for Citigroup declined to comment, while a representative for CICC didn’t immediately respond to requests for comment.</p><p>Alibaba this week unveiled plans to split its $250 billion business into six main units encompassing e-commerce, media and the cloud. Each business will explore fundraising or IPO at an appropriate time. The tech mammoth will consider gradually giving up control of some of its main businesses, Alibaba Chief Executive Officer Daniel Zhang said on a conference call on Thursday, but declined to specify a timeline for any IPOs.</p><p>Cainiao, which means rookie or amateur in Chinese, promises to deliver packages in China within 24 hours and anywhere else in the world in 72 hours, according to its website. It directly operated nine overseas sorting centers and partnered with more than 500 logistics companies globally as of March 2022.</p><p>The Alibaba arm’s revenue, after inter-segment elimination, rose 27% on a year-on-year basis to 16.6 billion yuan ($2.4 billion) for the three months ended Dec. 31, according to a statement last month. Upgrades in consumer logistics services and international fulfillment solutions contributed to the growth.</p><p>Alibaba gained 1.95% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/91e88fe07d05a4e4ad09da3e342406d1\" title=\"\" tg-width=\"783\" tg-height=\"629\"/></p><p></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>Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong 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\">\nAlibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-30 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-30/alibaba-s-20-billion-logistics-arm-said-to-gear-up-for-hk-ipo?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICC, Citi are working with Cainiao on potential share saleA listing could happen as soon as end of 2023, people sayCainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-30/alibaba-s-20-billion-logistics-arm-said-to-gear-up-for-hk-ipo?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":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-30/alibaba-s-20-billion-logistics-arm-said-to-gear-up-for-hk-ipo?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121093092","content_text":"CICC, Citi are working with Cainiao on potential share saleA listing could happen as soon as end of 2023, people sayCainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has started preparations with banks for its Hong Kong initial public offering, people familiar with the matter said, paving way to be the first of the Chinese tech firm’s six business units to go public.Banks including China International Capital Corp. and Citigroup Inc. are working with the company to prepare for the first-time share sale, the people said. The firm is targeting a listing as soon as the end of this year, said one of the people, asking not to be identified as the information is private. Cainiao is currently valued at more than $20 billion, the people said.Cainiao hasn’t decided on the IPO size, while the timeline is still subject to changes depending on market conditions, the people said. A representative for Cainiao said the company doesn’t have a clear plan and timeline for an IPO. A representative for Citigroup declined to comment, while a representative for CICC didn’t immediately respond to requests for comment.Alibaba this week unveiled plans to split its $250 billion business into six main units encompassing e-commerce, media and the cloud. Each business will explore fundraising or IPO at an appropriate time. The tech mammoth will consider gradually giving up control of some of its main businesses, Alibaba Chief Executive Officer Daniel Zhang said on a conference call on Thursday, but declined to specify a timeline for any IPOs.Cainiao, which means rookie or amateur in Chinese, promises to deliver packages in China within 24 hours and anywhere else in the world in 72 hours, according to its website. It directly operated nine overseas sorting centers and partnered with more than 500 logistics companies globally as of March 2022.The Alibaba arm’s revenue, after inter-segment elimination, rose 27% on a year-on-year basis to 16.6 billion yuan ($2.4 billion) for the three months ended Dec. 31, according to a statement last month. Upgrades in consumer logistics services and international fulfillment solutions contributed to the growth.Alibaba gained 1.95% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941569711,"gmtCreate":1680438317133,"gmtModify":1680440883084,"author":{"id":"4143338012947072","authorId":"4143338012947072","name":"Rinn Chan","avatar":"https://community-static.tradeup.com/news/0ab5edf7a964ae4b00d08f76e4ee7419","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4143338012947072","authorIdStr":"4143338012947072"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941569711","repostId":"1173142444","repostType":2,"isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}