A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.

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A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.

CNBC2021-04-28

KEY POINTS Despite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York. About 60 Chinese companies are planning to go public in the U.S. this year, ...

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Alfred1007
·2021-04-28
Need some hot money now!
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einnhann
·2021-04-28
Tjanks
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SSVC
·2021-04-28
Hmm.. Appreciate your response and comments Thanks
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- SUPERCHARGER:
  Ok
  2021-04-28
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kuehlapis
·2021-04-28
[思考] [思考] think carefully!
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xiaobaii
·2021-04-28
Kindly give me a like & a comment please, thank you very much.
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- Couragesther:
  Comment back pleAse
  2021-04-28
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- heximania:
  sure
  2021-04-28
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- kuehlapis:
  like and reply?
  2021-04-28
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Melodykjh
·2021-04-28
Interesting
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- Couragesther:
  Comment back please
  2021-04-28
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- xiaobaii:
  Kindly give me a like & a comment please, thank you very much.
  2021-04-28
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html","article_id":"1142138117","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1142138117","pubTimestamp":1619574611,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent o","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"translate_title":"一股“潮”般的中国企业涌入美国火热的IPO市场。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, said Vera Yang, chief China representative for the New York Stock Exchange.\nHowever, cautious investors are piling into just a few of the same companies, while post-IPO stock slumps are raising questions about whether valuations are fair.\n\nBEIJING — Chinese companies are rushing to go public in the red-hot IPO market in the U.S. — before it loses steam.\nThe first three months of the year marked the busiest quarter for overall U.S. initial public offerings since 2000, according to consulting firm EY.\nDespite the coronavirus pandemic and tensions between the U.S. and China, half of 36 foreign public listings in the U.S. during that time came from companies based in Greater China, EY said.\nMore are coming.\nAbout 60 Chinese companies plan to go public in the U.S. this year, Vera Yang, chief China representative for the New York Stock Exchange, said Tuesday.\n“From our interaction with companies, our sense is they would like to lose no time (in listing),” Yang said in a Mandarin-language interview, translated by CNBC. She pointed to uncertainties such as those brought by the pandemic, and a likely tightening of monetary policy in the longer term that would reduce the availability of capital.\nMoney has steadily entered the market since the pandemic, allowing 30 China-based companies last year to raise the most capital in U.S. IPOs since 2014,according to Renaissance Capital.\nThe S&P 500 climbed to fresh record highs this year, while U.S. Federal Reserve ChairmanJerome Powell signaled that monetary policy will remain loose in the near term.\nFor Chinese start-ups, investors and businesses are looking to cash in. They’re also looking past legislation passed under the Trump administration that would force U.S. exchanges to delist foreign companies that don’t comply with three years of U.S. audits.\nDelisting concerns have calmed down since President Joe Biden took office in January, and market participants expect a compromise, said Blueshirt managing director Gary Dvorchak, who advises Chinese companies interested in listing in the U.S.\n“It’s a tidal wave,” he said of the Chinese IPO pipeline.\n“Our phone is ringing off the hook. We’re trying to hire more people. We haven’t seen anything like this since the Nasdaq bubble in ’99,” he said. “Makes me worried.”\nThe rich get richer\nIn the late 1990s, a surge of speculation in new technology companies ranging from Pets.com to Cisco fed a U.S. stock market bubble that began to burst in 2000, in what came to be known as the “dotcom bubble.”\nThis year, investor caution about viable business ventures caused capital to pile into just a few of the same companies, rather than spreading out their bets. The trend holds in China, home to many of the world’s so-called unicorns — or start-ups valued at $1 billion or more.\nHongye Wang, China-based partner at venture capital firm Antler, said that anecdotally, more people are asking him for shares in unicorns than in earlier-stage start-ups.\n“A lot of companies cannot raise a lot of money, or their valuation(s) are decreasing. But if you look at the unicorns, especially the pre-IPO unicorns, their valuation is still crazy,” he said.\nJust take popular Chinese soda water company Genki Forest, which earlier this month reportedly secured another capital injection — of $500 million — bringing its valuation to $6 billion. In contrast, one of the biggest fundraising rounds in yuan that week was a much smaller 600 million yuan ($92.3 million) series B injection into Abogen Biosciences, according to Crunchbase.\nIn a sign that some valuations may be too high, many Chinese stocks listed in the U.S. and Hong Kong have slumped after their initial public offerings this year.\nFor example, in February Chinese short-video app Kuaishou soared 160% to $300 a share in the biggest internet company IPO since Uber,and the largest Hong Kong debut since the pandemic. But its stock has struggled to build on those gains, and closed at $274 a share on Tuesday.\n“The after-IPO pricing trend is not as good as last year,” said Ringo Choi, Asia-Pacific IPO leader at EY. He expects a slowdown in public offerings beginning in the third quarter of this year, especially if the macroeconomic environment takes a turn for the worse.\nFor now, a few of China’s largest start-ups are still in the IPO pipeline, although the timing is unclear. Beijing-based ByteDance, owner of popular short-video app TikTok, is the biggest unicorn in the world, while Chinese ride-hailing company Didi Chuxing ranks fourth, according to CB Insights.\nInvestors are “supportive, but more selective” of Chinese companies that might be able to sustain high valuations, Yang said, citing conversations with various investment funds.\nShe said that among China-based businesses listing in the U.S. this year, the first area of interest is a category known as technology, media and telecommunications. That’s followed by consumer brands and business services, Yang said.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":100346322,"gmtCreate":1619584410866,"gmtModify":1704726359056,"author":{"id":"3570656625926041","authorId":"3570656625926041","name":"Alfred1007","avatar":"https://static.tigerbbs.com/81d8406380cbc0525927f00a9510f2fa","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3570656625926041","idStr":"3570656625926041"},"htmlText":"Need some hot&nbsp;money&nbsp;now!","listText":"Need some hot&nbsp;money&nbsp;now!","text":"Need some hot money now!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100346322","repostId":1142138117,"repostType":4,"repost":{"id":"1142138117","pubTimestamp":1619574611,"share":"https://ttm.financial/m/news/1142138117?lang=&edition=fundamental","pubTime":"2021-04-28 09:50","market":"us","language":"en","title":"A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142138117","media":"CNBC","summary":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent o","content":"<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142138117","content_text":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, said Vera Yang, chief China representative for the New York Stock Exchange.\nHowever, cautious investors are piling into just a few of the same companies, while post-IPO stock slumps are raising questions about whether valuations are fair.\n\nBEIJING — Chinese companies are rushing to go public in the red-hot IPO market in the U.S. — before it loses steam.\nThe first three months of the year marked the busiest quarter for overall U.S. initial public offerings since 2000, according to consulting firm EY.\nDespite the coronavirus pandemic and tensions between the U.S. and China, half of 36 foreign public listings in the U.S. during that time came from companies based in Greater China, EY said.\nMore are coming.\nAbout 60 Chinese companies plan to go public in the U.S. this year, Vera Yang, chief China representative for the New York Stock Exchange, said Tuesday.\n“From our interaction with companies, our sense is they would like to lose no time (in listing),” Yang said in a Mandarin-language interview, translated by CNBC. She pointed to uncertainties such as those brought by the pandemic, and a likely tightening of monetary policy in the longer term that would reduce the availability of capital.\nMoney has steadily entered the market since the pandemic, allowing 30 China-based companies last year to raise the most capital in U.S. IPOs since 2014,according to Renaissance Capital.\nThe S&P 500 climbed to fresh record highs this year, while U.S. Federal Reserve ChairmanJerome Powell signaled that monetary policy will remain loose in the near term.\nFor Chinese start-ups, investors and businesses are looking to cash in. They’re also looking past legislation passed under the Trump administration that would force U.S. exchanges to delist foreign companies that don’t comply with three years of U.S. audits.\nDelisting concerns have calmed down since President Joe Biden took office in January, and market participants expect a compromise, said Blueshirt managing director Gary Dvorchak, who advises Chinese companies interested in listing in the U.S.\n“It’s a tidal wave,” he said of the Chinese IPO pipeline.\n“Our phone is ringing off the hook. We’re trying to hire more people. We haven’t seen anything like this since the Nasdaq bubble in ’99,” he said. “Makes me worried.”\nThe rich get richer\nIn the late 1990s, a surge of speculation in new technology companies ranging from Pets.com to Cisco fed a U.S. stock market bubble that began to burst in 2000, in what came to be known as the “dotcom bubble.”\nThis year, investor caution about viable business ventures caused capital to pile into just a few of the same companies, rather than spreading out their bets. The trend holds in China, home to many of the world’s so-called unicorns — or start-ups valued at $1 billion or more.\nHongye Wang, China-based partner at venture capital firm Antler, said that anecdotally, more people are asking him for shares in unicorns than in earlier-stage start-ups.\n“A lot of companies cannot raise a lot of money, or their valuation(s) are decreasing. But if you look at the unicorns, especially the pre-IPO unicorns, their valuation is still crazy,” he said.\nJust take popular Chinese soda water company Genki Forest, which earlier this month reportedly secured another capital injection — of $500 million — bringing its valuation to $6 billion. In contrast, one of the biggest fundraising rounds in yuan that week was a much smaller 600 million yuan ($92.3 million) series B injection into Abogen Biosciences, according to Crunchbase.\nIn a sign that some valuations may be too high, many Chinese stocks listed in the U.S. and Hong Kong have slumped after their initial public offerings this year.\nFor example, in February Chinese short-video app Kuaishou soared 160% to $300 a share in the biggest internet company IPO since Uber,and the largest Hong Kong debut since the pandemic. But its stock has struggled to build on those gains, and closed at $274 a share on Tuesday.\n“The after-IPO pricing trend is not as good as last year,” said Ringo Choi, Asia-Pacific IPO leader at EY. He expects a slowdown in public offerings beginning in the third quarter of this year, especially if the macroeconomic environment takes a turn for the worse.\nFor now, a few of China’s largest start-ups are still in the IPO pipeline, although the timing is unclear. Beijing-based ByteDance, owner of popular short-video app TikTok, is the biggest unicorn in the world, while Chinese ride-hailing company Didi Chuxing ranks fourth, according to CB Insights.\nInvestors are “supportive, but more selective” of Chinese companies that might be able to sustain high valuations, Yang said, citing conversations with various investment funds.\nShe said that among China-based businesses listing in the U.S. this year, the first area of interest is a category known as technology, media and telecommunications. That’s followed by consumer brands and business services, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100945636,"gmtCreate":1619576717525,"gmtModify":1704726221956,"author":{"id":"3574129438309229","authorId":"3574129438309229","name":"einnhann","avatar":"https://static.tigerbbs.com/a4d74a027e26eddfaf16e54046bbbf7a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3574129438309229","idStr":"3574129438309229"},"htmlText":"Tjanks","listText":"Tjanks","text":"Tjanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100945636","repostId":1142138117,"repostType":4,"repost":{"id":"1142138117","pubTimestamp":1619574611,"share":"https://ttm.financial/m/news/1142138117?lang=&edition=fundamental","pubTime":"2021-04-28 09:50","market":"us","language":"en","title":"A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142138117","media":"CNBC","summary":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent o","content":"<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142138117","content_text":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, said Vera Yang, chief China representative for the New York Stock Exchange.\nHowever, cautious investors are piling into just a few of the same companies, while post-IPO stock slumps are raising questions about whether valuations are fair.\n\nBEIJING — Chinese companies are rushing to go public in the red-hot IPO market in the U.S. — before it loses steam.\nThe first three months of the year marked the busiest quarter for overall U.S. initial public offerings since 2000, according to consulting firm EY.\nDespite the coronavirus pandemic and tensions between the U.S. and China, half of 36 foreign public listings in the U.S. during that time came from companies based in Greater China, EY said.\nMore are coming.\nAbout 60 Chinese companies plan to go public in the U.S. this year, Vera Yang, chief China representative for the New York Stock Exchange, said Tuesday.\n“From our interaction with companies, our sense is they would like to lose no time (in listing),” Yang said in a Mandarin-language interview, translated by CNBC. She pointed to uncertainties such as those brought by the pandemic, and a likely tightening of monetary policy in the longer term that would reduce the availability of capital.\nMoney has steadily entered the market since the pandemic, allowing 30 China-based companies last year to raise the most capital in U.S. IPOs since 2014,according to Renaissance Capital.\nThe S&P 500 climbed to fresh record highs this year, while U.S. Federal Reserve ChairmanJerome Powell signaled that monetary policy will remain loose in the near term.\nFor Chinese start-ups, investors and businesses are looking to cash in. They’re also looking past legislation passed under the Trump administration that would force U.S. exchanges to delist foreign companies that don’t comply with three years of U.S. audits.\nDelisting concerns have calmed down since President Joe Biden took office in January, and market participants expect a compromise, said Blueshirt managing director Gary Dvorchak, who advises Chinese companies interested in listing in the U.S.\n“It’s a tidal wave,” he said of the Chinese IPO pipeline.\n“Our phone is ringing off the hook. We’re trying to hire more people. We haven’t seen anything like this since the Nasdaq bubble in ’99,” he said. “Makes me worried.”\nThe rich get richer\nIn the late 1990s, a surge of speculation in new technology companies ranging from Pets.com to Cisco fed a U.S. stock market bubble that began to burst in 2000, in what came to be known as the “dotcom bubble.”\nThis year, investor caution about viable business ventures caused capital to pile into just a few of the same companies, rather than spreading out their bets. The trend holds in China, home to many of the world’s so-called unicorns — or start-ups valued at $1 billion or more.\nHongye Wang, China-based partner at venture capital firm Antler, said that anecdotally, more people are asking him for shares in unicorns than in earlier-stage start-ups.\n“A lot of companies cannot raise a lot of money, or their valuation(s) are decreasing. But if you look at the unicorns, especially the pre-IPO unicorns, their valuation is still crazy,” he said.\nJust take popular Chinese soda water company Genki Forest, which earlier this month reportedly secured another capital injection — of $500 million — bringing its valuation to $6 billion. In contrast, one of the biggest fundraising rounds in yuan that week was a much smaller 600 million yuan ($92.3 million) series B injection into Abogen Biosciences, according to Crunchbase.\nIn a sign that some valuations may be too high, many Chinese stocks listed in the U.S. and Hong Kong have slumped after their initial public offerings this year.\nFor example, in February Chinese short-video app Kuaishou soared 160% to $300 a share in the biggest internet company IPO since Uber,and the largest Hong Kong debut since the pandemic. But its stock has struggled to build on those gains, and closed at $274 a share on Tuesday.\n“The after-IPO pricing trend is not as good as last year,” said Ringo Choi, Asia-Pacific IPO leader at EY. He expects a slowdown in public offerings beginning in the third quarter of this year, especially if the macroeconomic environment takes a turn for the worse.\nFor now, a few of China’s largest start-ups are still in the IPO pipeline, although the timing is unclear. Beijing-based ByteDance, owner of popular short-video app TikTok, is the biggest unicorn in the world, while Chinese ride-hailing company Didi Chuxing ranks fourth, according to CB Insights.\nInvestors are “supportive, but more selective” of Chinese companies that might be able to sustain high valuations, Yang said, citing conversations with various investment funds.\nShe said that among China-based businesses listing in the U.S. this year, the first area of interest is a category known as technology, media and telecommunications. That’s followed by consumer brands and business services, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":100953081,"gmtCreate":1619575881943,"gmtModify":1704726204045,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574906731000207","idStr":"3574906731000207"},"htmlText":"Hmm.. Appreciate your response and comments Thanks&nbsp;","listText":"Hmm.. Appreciate your response and comments Thanks&nbsp;","text":"Hmm.. Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100953081","repostId":1142138117,"repostType":4,"repost":{"id":"1142138117","pubTimestamp":1619574611,"share":"https://ttm.financial/m/news/1142138117?lang=&edition=fundamental","pubTime":"2021-04-28 09:50","market":"us","language":"en","title":"A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142138117","media":"CNBC","summary":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent o","content":"<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142138117","content_text":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, said Vera Yang, chief China representative for the New York Stock Exchange.\nHowever, cautious investors are piling into just a few of the same companies, while post-IPO stock slumps are raising questions about whether valuations are fair.\n\nBEIJING — Chinese companies are rushing to go public in the red-hot IPO market in the U.S. — before it loses steam.\nThe first three months of the year marked the busiest quarter for overall U.S. initial public offerings since 2000, according to consulting firm EY.\nDespite the coronavirus pandemic and tensions between the U.S. and China, half of 36 foreign public listings in the U.S. during that time came from companies based in Greater China, EY said.\nMore are coming.\nAbout 60 Chinese companies plan to go public in the U.S. this year, Vera Yang, chief China representative for the New York Stock Exchange, said Tuesday.\n“From our interaction with companies, our sense is they would like to lose no time (in listing),” Yang said in a Mandarin-language interview, translated by CNBC. She pointed to uncertainties such as those brought by the pandemic, and a likely tightening of monetary policy in the longer term that would reduce the availability of capital.\nMoney has steadily entered the market since the pandemic, allowing 30 China-based companies last year to raise the most capital in U.S. IPOs since 2014,according to Renaissance Capital.\nThe S&P 500 climbed to fresh record highs this year, while U.S. Federal Reserve ChairmanJerome Powell signaled that monetary policy will remain loose in the near term.\nFor Chinese start-ups, investors and businesses are looking to cash in. They’re also looking past legislation passed under the Trump administration that would force U.S. exchanges to delist foreign companies that don’t comply with three years of U.S. audits.\nDelisting concerns have calmed down since President Joe Biden took office in January, and market participants expect a compromise, said Blueshirt managing director Gary Dvorchak, who advises Chinese companies interested in listing in the U.S.\n“It’s a tidal wave,” he said of the Chinese IPO pipeline.\n“Our phone is ringing off the hook. We’re trying to hire more people. We haven’t seen anything like this since the Nasdaq bubble in ’99,” he said. “Makes me worried.”\nThe rich get richer\nIn the late 1990s, a surge of speculation in new technology companies ranging from Pets.com to Cisco fed a U.S. stock market bubble that began to burst in 2000, in what came to be known as the “dotcom bubble.”\nThis year, investor caution about viable business ventures caused capital to pile into just a few of the same companies, rather than spreading out their bets. The trend holds in China, home to many of the world’s so-called unicorns — or start-ups valued at $1 billion or more.\nHongye Wang, China-based partner at venture capital firm Antler, said that anecdotally, more people are asking him for shares in unicorns than in earlier-stage start-ups.\n“A lot of companies cannot raise a lot of money, or their valuation(s) are decreasing. But if you look at the unicorns, especially the pre-IPO unicorns, their valuation is still crazy,” he said.\nJust take popular Chinese soda water company Genki Forest, which earlier this month reportedly secured another capital injection — of $500 million — bringing its valuation to $6 billion. In contrast, one of the biggest fundraising rounds in yuan that week was a much smaller 600 million yuan ($92.3 million) series B injection into Abogen Biosciences, according to Crunchbase.\nIn a sign that some valuations may be too high, many Chinese stocks listed in the U.S. and Hong Kong have slumped after their initial public offerings this year.\nFor example, in February Chinese short-video app Kuaishou soared 160% to $300 a share in the biggest internet company IPO since Uber,and the largest Hong Kong debut since the pandemic. But its stock has struggled to build on those gains, and closed at $274 a share on Tuesday.\n“The after-IPO pricing trend is not as good as last year,” said Ringo Choi, Asia-Pacific IPO leader at EY. He expects a slowdown in public offerings beginning in the third quarter of this year, especially if the macroeconomic environment takes a turn for the worse.\nFor now, a few of China’s largest start-ups are still in the IPO pipeline, although the timing is unclear. Beijing-based ByteDance, owner of popular short-video app TikTok, is the biggest unicorn in the world, while Chinese ride-hailing company Didi Chuxing ranks fourth, according to CB Insights.\nInvestors are “supportive, but more selective” of Chinese companies that might be able to sustain high valuations, Yang said, citing conversations with various investment funds.\nShe said that among China-based businesses listing in the U.S. this year, the first area of interest is a category known as technology, media and telecommunications. That’s followed by consumer brands and business services, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4156506,"gmtCreate":1619576872046,"gmtModify":1680785953648,"authorId":3561239881014940,"author":{"id":3561239881014940,"idStr":"3561239881014940","authorId":3561239881014940,"name":"SUPERCHARGER","avatar":"https://static.tigerbbs.com/1d8977ccd4cef3718d77de1198ec99b1","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100953081,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":100962840,"gmtCreate":1619575033080,"gmtModify":1704726183053,"author":{"id":"3574029017802033","authorId":"3574029017802033","name":"kuehlapis","avatar":"https://static.tigerbbs.com/732ffeea71fc0732b84f029cc0e8263e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574029017802033","idStr":"3574029017802033"},"htmlText":"[思考]&nbsp;[思考]&nbsp; think carefully!","listText":"[思考]&nbsp;[思考]&nbsp; think carefully!","text":"[思考] [思考] think carefully!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100962840","repostId":1142138117,"repostType":4,"repost":{"id":"1142138117","pubTimestamp":1619574611,"share":"https://ttm.financial/m/news/1142138117?lang=&edition=fundamental","pubTime":"2021-04-28 09:50","market":"us","language":"en","title":"A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142138117","media":"CNBC","summary":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent o","content":"<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142138117","content_text":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, said Vera Yang, chief China representative for the New York Stock Exchange.\nHowever, cautious investors are piling into just a few of the same companies, while post-IPO stock slumps are raising questions about whether valuations are fair.\n\nBEIJING — Chinese companies are rushing to go public in the red-hot IPO market in the U.S. — before it loses steam.\nThe first three months of the year marked the busiest quarter for overall U.S. initial public offerings since 2000, according to consulting firm EY.\nDespite the coronavirus pandemic and tensions between the U.S. and China, half of 36 foreign public listings in the U.S. during that time came from companies based in Greater China, EY said.\nMore are coming.\nAbout 60 Chinese companies plan to go public in the U.S. this year, Vera Yang, chief China representative for the New York Stock Exchange, said Tuesday.\n“From our interaction with companies, our sense is they would like to lose no time (in listing),” Yang said in a Mandarin-language interview, translated by CNBC. She pointed to uncertainties such as those brought by the pandemic, and a likely tightening of monetary policy in the longer term that would reduce the availability of capital.\nMoney has steadily entered the market since the pandemic, allowing 30 China-based companies last year to raise the most capital in U.S. IPOs since 2014,according to Renaissance Capital.\nThe S&P 500 climbed to fresh record highs this year, while U.S. Federal Reserve ChairmanJerome Powell signaled that monetary policy will remain loose in the near term.\nFor Chinese start-ups, investors and businesses are looking to cash in. They’re also looking past legislation passed under the Trump administration that would force U.S. exchanges to delist foreign companies that don’t comply with three years of U.S. audits.\nDelisting concerns have calmed down since President Joe Biden took office in January, and market participants expect a compromise, said Blueshirt managing director Gary Dvorchak, who advises Chinese companies interested in listing in the U.S.\n“It’s a tidal wave,” he said of the Chinese IPO pipeline.\n“Our phone is ringing off the hook. We’re trying to hire more people. We haven’t seen anything like this since the Nasdaq bubble in ’99,” he said. “Makes me worried.”\nThe rich get richer\nIn the late 1990s, a surge of speculation in new technology companies ranging from Pets.com to Cisco fed a U.S. stock market bubble that began to burst in 2000, in what came to be known as the “dotcom bubble.”\nThis year, investor caution about viable business ventures caused capital to pile into just a few of the same companies, rather than spreading out their bets. The trend holds in China, home to many of the world’s so-called unicorns — or start-ups valued at $1 billion or more.\nHongye Wang, China-based partner at venture capital firm Antler, said that anecdotally, more people are asking him for shares in unicorns than in earlier-stage start-ups.\n“A lot of companies cannot raise a lot of money, or their valuation(s) are decreasing. But if you look at the unicorns, especially the pre-IPO unicorns, their valuation is still crazy,” he said.\nJust take popular Chinese soda water company Genki Forest, which earlier this month reportedly secured another capital injection — of $500 million — bringing its valuation to $6 billion. In contrast, one of the biggest fundraising rounds in yuan that week was a much smaller 600 million yuan ($92.3 million) series B injection into Abogen Biosciences, according to Crunchbase.\nIn a sign that some valuations may be too high, many Chinese stocks listed in the U.S. and Hong Kong have slumped after their initial public offerings this year.\nFor example, in February Chinese short-video app Kuaishou soared 160% to $300 a share in the biggest internet company IPO since Uber,and the largest Hong Kong debut since the pandemic. But its stock has struggled to build on those gains, and closed at $274 a share on Tuesday.\n“The after-IPO pricing trend is not as good as last year,” said Ringo Choi, Asia-Pacific IPO leader at EY. He expects a slowdown in public offerings beginning in the third quarter of this year, especially if the macroeconomic environment takes a turn for the worse.\nFor now, a few of China’s largest start-ups are still in the IPO pipeline, although the timing is unclear. Beijing-based ByteDance, owner of popular short-video app TikTok, is the biggest unicorn in the world, while Chinese ride-hailing company Didi Chuxing ranks fourth, according to CB Insights.\nInvestors are “supportive, but more selective” of Chinese companies that might be able to sustain high valuations, Yang said, citing conversations with various investment funds.\nShe said that among China-based businesses listing in the U.S. this year, the first area of interest is a category known as technology, media and telecommunications. That’s followed by consumer brands and business services, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":100961753,"gmtCreate":1619574894172,"gmtModify":1704726179804,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3571345352614779","idStr":"3571345352614779"},"htmlText":"Kindly give me a like &amp; a comment please, thank you very much.","listText":"Kindly give me a like &amp; a comment please, thank you very much.","text":"Kindly give me a like & a comment please, thank you very much.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/100961753","repostId":1142138117,"repostType":4,"repost":{"id":"1142138117","pubTimestamp":1619574611,"share":"https://ttm.financial/m/news/1142138117?lang=&edition=fundamental","pubTime":"2021-04-28 09:50","market":"us","language":"en","title":"A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142138117","media":"CNBC","summary":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent o","content":"<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142138117","content_text":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, said Vera Yang, chief China representative for the New York Stock Exchange.\nHowever, cautious investors are piling into just a few of the same companies, while post-IPO stock slumps are raising questions about whether valuations are fair.\n\nBEIJING — Chinese companies are rushing to go public in the red-hot IPO market in the U.S. — before it loses steam.\nThe first three months of the year marked the busiest quarter for overall U.S. initial public offerings since 2000, according to consulting firm EY.\nDespite the coronavirus pandemic and tensions between the U.S. and China, half of 36 foreign public listings in the U.S. during that time came from companies based in Greater China, EY said.\nMore are coming.\nAbout 60 Chinese companies plan to go public in the U.S. this year, Vera Yang, chief China representative for the New York Stock Exchange, said Tuesday.\n“From our interaction with companies, our sense is they would like to lose no time (in listing),” Yang said in a Mandarin-language interview, translated by CNBC. She pointed to uncertainties such as those brought by the pandemic, and a likely tightening of monetary policy in the longer term that would reduce the availability of capital.\nMoney has steadily entered the market since the pandemic, allowing 30 China-based companies last year to raise the most capital in U.S. IPOs since 2014,according to Renaissance Capital.\nThe S&P 500 climbed to fresh record highs this year, while U.S. Federal Reserve ChairmanJerome Powell signaled that monetary policy will remain loose in the near term.\nFor Chinese start-ups, investors and businesses are looking to cash in. They’re also looking past legislation passed under the Trump administration that would force U.S. exchanges to delist foreign companies that don’t comply with three years of U.S. audits.\nDelisting concerns have calmed down since President Joe Biden took office in January, and market participants expect a compromise, said Blueshirt managing director Gary Dvorchak, who advises Chinese companies interested in listing in the U.S.\n“It’s a tidal wave,” he said of the Chinese IPO pipeline.\n“Our phone is ringing off the hook. We’re trying to hire more people. We haven’t seen anything like this since the Nasdaq bubble in ’99,” he said. “Makes me worried.”\nThe rich get richer\nIn the late 1990s, a surge of speculation in new technology companies ranging from Pets.com to Cisco fed a U.S. stock market bubble that began to burst in 2000, in what came to be known as the “dotcom bubble.”\nThis year, investor caution about viable business ventures caused capital to pile into just a few of the same companies, rather than spreading out their bets. The trend holds in China, home to many of the world’s so-called unicorns — or start-ups valued at $1 billion or more.\nHongye Wang, China-based partner at venture capital firm Antler, said that anecdotally, more people are asking him for shares in unicorns than in earlier-stage start-ups.\n“A lot of companies cannot raise a lot of money, or their valuation(s) are decreasing. But if you look at the unicorns, especially the pre-IPO unicorns, their valuation is still crazy,” he said.\nJust take popular Chinese soda water company Genki Forest, which earlier this month reportedly secured another capital injection — of $500 million — bringing its valuation to $6 billion. In contrast, one of the biggest fundraising rounds in yuan that week was a much smaller 600 million yuan ($92.3 million) series B injection into Abogen Biosciences, according to Crunchbase.\nIn a sign that some valuations may be too high, many Chinese stocks listed in the U.S. and Hong Kong have slumped after their initial public offerings this year.\nFor example, in February Chinese short-video app Kuaishou soared 160% to $300 a share in the biggest internet company IPO since Uber,and the largest Hong Kong debut since the pandemic. But its stock has struggled to build on those gains, and closed at $274 a share on Tuesday.\n“The after-IPO pricing trend is not as good as last year,” said Ringo Choi, Asia-Pacific IPO leader at EY. He expects a slowdown in public offerings beginning in the third quarter of this year, especially if the macroeconomic environment takes a turn for the worse.\nFor now, a few of China’s largest start-ups are still in the IPO pipeline, although the timing is unclear. Beijing-based ByteDance, owner of popular short-video app TikTok, is the biggest unicorn in the world, while Chinese ride-hailing company Didi Chuxing ranks fourth, according to CB Insights.\nInvestors are “supportive, but more selective” of Chinese companies that might be able to sustain high valuations, Yang said, citing conversations with various investment funds.\nShe said that among China-based businesses listing in the U.S. this year, the first area of interest is a category known as technology, media and telecommunications. That’s followed by consumer brands and business services, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4156144,"gmtCreate":1619575084772,"gmtModify":1680785941584,"authorId":3557433279201512,"author":{"id":3557433279201512,"idStr":"3557433279201512","authorId":3557433279201512,"name":"Couragesther","avatar":"https://static.tigerbbs.com/fb776fde22322bb11f3651d216a6b06e","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100961753,"type":1,"supId":0,"prevId":0,"content":"Comment back pleAse","text":"Comment back pleAse","html":"Comment back pleAse"},{"id":4156181,"gmtCreate":1619575241422,"gmtModify":1680785941536,"authorId":3581984444466168,"author":{"id":3581984444466168,"idStr":"3581984444466168","authorId":3581984444466168,"name":"heximania","avatar":"https://static.tigerbbs.com/bd86363b09433494d0d0ca373221939c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100961753,"type":1,"supId":4156144,"prevId":0,"content":"sure","text":"sure","html":"sure"},{"id":4156137,"gmtCreate":1619575053322,"gmtModify":1680785940284,"authorId":3574029017802033,"author":{"id":3574029017802033,"idStr":"3574029017802033","authorId":3574029017802033,"name":"kuehlapis","avatar":"https://static.tigerbbs.com/732ffeea71fc0732b84f029cc0e8263e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100961753,"type":1,"supId":0,"prevId":0,"content":"like and reply?","text":"like and reply?","html":"like and reply?"}],"langContent":"EN"},{"id":100960768,"gmtCreate":1619574736154,"gmtModify":1704726175756,"author":{"id":"3578543878235243","authorId":"3578543878235243","name":"Melodykjh","avatar":"https://static.tigerbbs.com/ecbb1673398e9c20ba51196d1fc7f00b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3578543878235243","idStr":"3578543878235243"},"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/100960768","repostId":1142138117,"repostType":4,"repost":{"id":"1142138117","pubTimestamp":1619574611,"share":"https://ttm.financial/m/news/1142138117?lang=&edition=fundamental","pubTime":"2021-04-28 09:50","market":"us","language":"en","title":"A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142138117","media":"CNBC","summary":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent o","content":"<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/28/a-tidal-wave-of-chinese-companies-rush-into-the-red-hot-ipo-market-in-the-us.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142138117","content_text":"KEY POINTS\n\nDespite political tensions between the U.S. and China, Chinese start-ups remain intent on listing in New York.\nAbout 60 Chinese companies are planning to go public in the U.S. this year, said Vera Yang, chief China representative for the New York Stock Exchange.\nHowever, cautious investors are piling into just a few of the same companies, while post-IPO stock slumps are raising questions about whether valuations are fair.\n\nBEIJING — Chinese companies are rushing to go public in the red-hot IPO market in the U.S. — before it loses steam.\nThe first three months of the year marked the busiest quarter for overall U.S. initial public offerings since 2000, according to consulting firm EY.\nDespite the coronavirus pandemic and tensions between the U.S. and China, half of 36 foreign public listings in the U.S. during that time came from companies based in Greater China, EY said.\nMore are coming.\nAbout 60 Chinese companies plan to go public in the U.S. this year, Vera Yang, chief China representative for the New York Stock Exchange, said Tuesday.\n“From our interaction with companies, our sense is they would like to lose no time (in listing),” Yang said in a Mandarin-language interview, translated by CNBC. She pointed to uncertainties such as those brought by the pandemic, and a likely tightening of monetary policy in the longer term that would reduce the availability of capital.\nMoney has steadily entered the market since the pandemic, allowing 30 China-based companies last year to raise the most capital in U.S. IPOs since 2014,according to Renaissance Capital.\nThe S&P 500 climbed to fresh record highs this year, while U.S. Federal Reserve ChairmanJerome Powell signaled that monetary policy will remain loose in the near term.\nFor Chinese start-ups, investors and businesses are looking to cash in. They’re also looking past legislation passed under the Trump administration that would force U.S. exchanges to delist foreign companies that don’t comply with three years of U.S. audits.\nDelisting concerns have calmed down since President Joe Biden took office in January, and market participants expect a compromise, said Blueshirt managing director Gary Dvorchak, who advises Chinese companies interested in listing in the U.S.\n“It’s a tidal wave,” he said of the Chinese IPO pipeline.\n“Our phone is ringing off the hook. We’re trying to hire more people. We haven’t seen anything like this since the Nasdaq bubble in ’99,” he said. “Makes me worried.”\nThe rich get richer\nIn the late 1990s, a surge of speculation in new technology companies ranging from Pets.com to Cisco fed a U.S. stock market bubble that began to burst in 2000, in what came to be known as the “dotcom bubble.”\nThis year, investor caution about viable business ventures caused capital to pile into just a few of the same companies, rather than spreading out their bets. The trend holds in China, home to many of the world’s so-called unicorns — or start-ups valued at $1 billion or more.\nHongye Wang, China-based partner at venture capital firm Antler, said that anecdotally, more people are asking him for shares in unicorns than in earlier-stage start-ups.\n“A lot of companies cannot raise a lot of money, or their valuation(s) are decreasing. But if you look at the unicorns, especially the pre-IPO unicorns, their valuation is still crazy,” he said.\nJust take popular Chinese soda water company Genki Forest, which earlier this month reportedly secured another capital injection — of $500 million — bringing its valuation to $6 billion. In contrast, one of the biggest fundraising rounds in yuan that week was a much smaller 600 million yuan ($92.3 million) series B injection into Abogen Biosciences, according to Crunchbase.\nIn a sign that some valuations may be too high, many Chinese stocks listed in the U.S. and Hong Kong have slumped after their initial public offerings this year.\nFor example, in February Chinese short-video app Kuaishou soared 160% to $300 a share in the biggest internet company IPO since Uber,and the largest Hong Kong debut since the pandemic. But its stock has struggled to build on those gains, and closed at $274 a share on Tuesday.\n“The after-IPO pricing trend is not as good as last year,” said Ringo Choi, Asia-Pacific IPO leader at EY. He expects a slowdown in public offerings beginning in the third quarter of this year, especially if the macroeconomic environment takes a turn for the worse.\nFor now, a few of China’s largest start-ups are still in the IPO pipeline, although the timing is unclear. Beijing-based ByteDance, owner of popular short-video app TikTok, is the biggest unicorn in the world, while Chinese ride-hailing company Didi Chuxing ranks fourth, according to CB Insights.\nInvestors are “supportive, but more selective” of Chinese companies that might be able to sustain high valuations, Yang said, citing conversations with various investment funds.\nShe said that among China-based businesses listing in the U.S. this year, the first area of interest is a category known as technology, media and telecommunications. That’s followed by consumer brands and business services, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4156168,"gmtCreate":1619575194951,"gmtModify":1680785948086,"authorId":3557433279201512,"author":{"id":3557433279201512,"idStr":"3557433279201512","authorId":3557433279201512,"name":"Couragesther","avatar":"https://static.tigerbbs.com/fb776fde22322bb11f3651d216a6b06e","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100960768,"type":1,"supId":0,"prevId":0,"content":"Comment back please","text":"Comment back please","html":"Comment back please"},{"id":4156101,"gmtCreate":1619574904275,"gmtModify":1680785940667,"authorId":3571345352614779,"author":{"id":3571345352614779,"idStr":"3571345352614779","authorId":3571345352614779,"name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100960768,"type":1,"supId":0,"prevId":0,"content":"Kindly give me a like &amp; a comment please, thank you very much.","text":"Kindly give me a like &amp; a comment please, thank you very much.","html":"Kindly give me a like &amp; a comment please, thank you very much."}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":13,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}