Battery tycoon charges ahead in wealth rankings

663
88
Favorite

Battery tycoon charges ahead in wealth rankings

The Straits Times2021-07-18

(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined. After all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

663

Report

Comment（88）

KrishA
·2021-07-19
Liked
Reply
Like
Report
Hartanto
·2021-07-19
Tell me your opinion about this news...
Reply
1
Report
Fold Replies
- Hartanto:
  Okok
  2021-07-19
  Reply
  Report
- Hartanto:
  Ok
  2021-07-19
  Reply
  Report
EHG
·2021-07-19
Like
Reply
2
Report
Andtendo
·2021-07-19
Like and comment please :)
Reply
2
Report
EricLHY
·2021-07-19
Ok
Reply
2
Report
yyhwin
·2021-07-19
Hi
Reply
3
Report
rich9888H
·2021-07-19
Buy battery maker stock
Reply
5
Report
Fold Replies
- ChowCCJ:
  Might be a longer term play as compared to 2020. Seem to be a slower growth year for 2021.
  2021-07-19
  Reply
  Report
- Jmonster:
  Recent dip could be a good entry point
  2021-07-19
  Reply
  Report
- ChowCCJ:
  PrIces would have surged already wouldnt it?
  2021-07-19
  Reply
  Report
View more 1 comments
Alex1709
·2021-07-19
Fortune shift..
Reply
5
Report
MrMrsBean
·2021-07-19
Please like and comment. Thanks.
Reply
7
Report
Fold Replies
- kianhua84:
  please like n comment
  2021-07-19
  Reply
  Report
- Singman:
  pls like too
  2021-07-19
  Reply
  Report
NgKenny
·2021-07-19
Good
Reply
5
Report
Fold Replies
- Yyk93:
  O
  2021-07-19
  Reply
  Report
- Huatzai:
  Ok
  2021-07-19
  Reply
  Report
cuteypie
·2021-07-19
True
Reply
3
Report
Fold Replies
- PapaPanda:
  ok
  2021-07-19
  Reply
  Report
MT103
·2021-07-19
Hmm need to see financials
Reply
3
Report
daviswong
·2021-07-19
Comment pls
Reply
3
Report
Fold Replies
- TraderJo98:
  Ok
  2021-07-19
  Reply
  Report
CHUMOI
·2021-07-18
Like
Reply
5
Report
Fold Replies
- daviswong:
  done
  2021-07-19
  Reply
  Report
- RyanShine:
  Ok
  2021-07-19
  Reply
  Report
TerranceMike
·2021-07-18
Good info
Reply
1
Report
Fold Replies
- TerranceMike:
  thabkbuiu
  2021-07-22
  Reply
  Report
- TerranceMike:
  Pls like
  2021-09-11
  Reply
  Report
GreenMan123
·2021-07-18
Battery industry will see a booming as most of the automotive company has announced stop producing ICE vehicle.... !!!!!
Reply
Like
Report
GreenMan123
·2021-07-18
Battery manufacturing amd R&d segment will be booming in the next few years as most of the automotive company has announced stop selling ICE soon.
Reply
Like
Report
Hrithickraja
·2021-07-18
You like?
Reply
9
Report
Fold Replies
- Hrithickraja:
  thanks
  2021-07-20
  Reply
  Report
- CHUMOI:
  Otes
  2021-07-18
  Reply
  Report
- KH321:
  yes
  2021-07-18
  Reply
  Report
Derlin
·2021-07-18
Like my comments ty
Reply
7
Report
Fold Replies
- LL1321:
  okay
  2021-07-18
  Reply
  Report
- rosemary2288:
  ok
  2021-07-19
  Reply
  Report
MG8000
·2021-07-18
Cool
Reply
5
Report
Fold Replies
- Derlin:
  Nice
  2021-07-18
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2152968147?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-18 05:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2152968147","market":"sg","top_or_hot":-1,"title":"Battery tycoon charges ahead in wealth rankings","media":"The Straits Times","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Source Link</a>\n\n</div>\n","source":"straits_highlight","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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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":"QNETCN","symbol_name":"纳斯达克中美互联网老虎指数","start_time":0,"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","article_id":"2152968147","we_media_id":null,"thumbnails":[],"rights":{"source":"straits_highlight","url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","pubTimestamp":1626555600,"columns":[],"sourceInfo":{"source_id":"straits_highlight","name":"Straits Times"},"weMediaInfo":null,"summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","collect":0,"end_time":0,"defaultTopTitle":"straitstimes.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"translate_title":"电池大亨在财富排行榜上遥遥领先","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09988":0.9,"QNETCN":0.9},"content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":173805611,"gmtCreate":1626651250433,"gmtModify":1703762582107,"author":{"id":"4088082497944800","authorId":"4088082497944800","name":"KrishA","avatar":"https://static.tigerbbs.com/cf838d687252b4eb6c3b470b4d52ffe9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088082497944800","authorIdStr":"4088082497944800"},"htmlText":"Liked&nbsp;","listText":"Liked&nbsp;","text":"Liked","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173805611","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173177379,"gmtCreate":1626650848591,"gmtModify":1703762570935,"author":{"id":"3549621931578219","authorId":"3549621931578219","name":"Hartanto","avatar":"https://static.tigerbbs.com/d56ae74e8bb456512bfca172189a27b5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3549621931578219","authorIdStr":"3549621931578219"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173177379","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5256600,"gmtCreate":1626650869502,"gmtModify":1663231138241,"authorId":3549621931578219,"author":{"id":3549621931578219,"idStr":"3549621931578219","authorId":3549621931578219,"name":"Hartanto","avatar":"https://static.tigerbbs.com/d56ae74e8bb456512bfca172189a27b5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173177379,"type":1,"supId":0,"prevId":0,"content":"Okok","text":"Okok","html":"Okok"},{"id":5256599,"gmtCreate":1626650861639,"gmtModify":1663231137854,"authorId":3549621931578219,"author":{"id":3549621931578219,"idStr":"3549621931578219","authorId":3549621931578219,"name":"Hartanto","avatar":"https://static.tigerbbs.com/d56ae74e8bb456512bfca172189a27b5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173177379,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":173171216,"gmtCreate":1626650536635,"gmtModify":1703762563180,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941861951066","authorIdStr":"3586941861951066"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173171216","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173151971,"gmtCreate":1626649448793,"gmtModify":1703762534696,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577917241557928","authorIdStr":"3577917241557928"},"htmlText":"Like and comment please :)","listText":"Like and comment please :)","text":"Like and comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173151971","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173159514,"gmtCreate":1626649357838,"gmtModify":1703762532596,"author":{"id":"3578394132659733","authorId":"3578394132659733","name":"EricLHY","avatar":"https://static.tigerbbs.com/7139e6c20a26beebdf2bf64ba6202d22","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578394132659733","authorIdStr":"3578394132659733"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173159514","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173122999,"gmtCreate":1626648813411,"gmtModify":1703762524508,"author":{"id":"3581931076615563","authorId":"3581931076615563","name":"yyhwin","avatar":"https://static.tigerbbs.com/78727032603c2751ac0b6b6cfb678920","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581931076615563","authorIdStr":"3581931076615563"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173122999","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173165668,"gmtCreate":1626647983454,"gmtModify":1703762511997,"author":{"id":"3578090151890801","authorId":"3578090151890801","name":"rich9888H","avatar":"https://static.tigerbbs.com/302dcd19af3f2e77b41a1d01cd84d518","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":4,"crmLevelSwitch":1,"idStr":"3578090151890801","authorIdStr":"3578090151890801"},"htmlText":"Buy battery maker stock","listText":"Buy battery maker stock","text":"Buy battery maker stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/173165668","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5258621,"gmtCreate":1626661181877,"gmtModify":1663231144843,"authorId":3575375342391732,"author":{"id":3575375342391732,"idStr":"3575375342391732","authorId":3575375342391732,"name":"ChowCCJ","avatar":"https://static.tigerbbs.com/bc5fafdf3c6b7c87a4217f2f73a89adb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173165668,"type":1,"supId":5256280,"prevId":0,"content":"Might be a longer term play as compared to 2020. Seem to be a slower growth year for 2021. ","text":"Might be a longer term play as compared to 2020. Seem to be a slower growth year for 2021. ","html":"Might be a longer term play as compared to 2020. Seem to be a slower growth year for 2021. "},{"id":5256712,"gmtCreate":1626651428732,"gmtModify":1663231138926,"authorId":3586858801552030,"author":{"id":3586858801552030,"idStr":"3586858801552030","authorId":3586858801552030,"name":"Jmonster","avatar":"https://static.tigerbbs.com/d8087de32037e0cada3980a84e2ced42","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173165668,"type":1,"supId":5256280,"prevId":0,"content":"Recent dip could be a good entry point","text":"Recent dip could be a good entry point","html":"Recent dip could be a good entry point"},{"id":5256280,"gmtCreate":1626649077588,"gmtModify":1663231134028,"authorId":3575375342391732,"author":{"id":3575375342391732,"idStr":"3575375342391732","authorId":3575375342391732,"name":"ChowCCJ","avatar":"https://static.tigerbbs.com/bc5fafdf3c6b7c87a4217f2f73a89adb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173165668,"type":1,"supId":0,"prevId":0,"content":"PrIces would have surged already wouldnt it? ","text":"PrIces would have surged already wouldnt it? ","html":"PrIces would have surged already wouldnt it? "},{"id":5256254,"gmtCreate":1626648824692,"gmtModify":1663231132640,"authorId":3581931076615563,"author":{"id":3581931076615563,"idStr":"3581931076615563","authorId":3581931076615563,"name":"yyhwin","avatar":"https://static.tigerbbs.com/78727032603c2751ac0b6b6cfb678920","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173165668,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"EN"},{"id":173160833,"gmtCreate":1626647092122,"gmtModify":1703762502563,"author":{"id":"4088812812352770","authorId":"4088812812352770","name":"Alex1709","avatar":"https://static.tigerbbs.com/b4371c8d3e464d94c77cc0d40b9d3f48","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4088812812352770","authorIdStr":"4088812812352770"},"htmlText":"Fortune shift..","listText":"Fortune shift..","text":"Fortune shift..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173160833","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173189507,"gmtCreate":1626645880909,"gmtModify":1703762490837,"author":{"id":"3571129545109571","authorId":"3571129545109571","name":"MrMrsBean","avatar":"https://static.tigerbbs.com/8f1ab99fec06884945521404915aec0e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571129545109571","authorIdStr":"3571129545109571"},"htmlText":"Please like and comment. Thanks.&nbsp;","listText":"Please like and comment. Thanks.&nbsp;","text":"Please like and comment. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173189507","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5256044,"gmtCreate":1626646439802,"gmtModify":1663231135949,"authorId":3574055938126700,"author":{"id":3574055938126700,"idStr":"3574055938126700","authorId":3574055938126700,"name":"kianhua84","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173189507,"type":1,"supId":0,"prevId":0,"content":"please like n <u>comment</u>","text":"please like n <u>comment</u>","html":"please like n <u>comment</u>"},{"id":5256071,"gmtCreate":1626646746058,"gmtModify":1663231131754,"authorId":3575125836760247,"author":{"id":3575125836760247,"idStr":"3575125836760247","authorId":3575125836760247,"name":"Singman","avatar":"https://static.tigerbbs.com/d770feb757705f2d631d2d5f381ae07b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173189507,"type":1,"supId":0,"prevId":0,"content":"pls like <u>too</u>","text":"pls like <u>too</u>","html":"pls like <u>too</u>"}],"langContent":"EN"},{"id":173191857,"gmtCreate":1626628065379,"gmtModify":1703762454012,"author":{"id":"3582778356971864","authorId":"3582778356971864","name":"NgKenny","avatar":"https://static.tigerbbs.com/4fdae3e0bdca8d3a33e7f9d619f0dc88","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3582778356971864","authorIdStr":"3582778356971864"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173191857","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5255797,"gmtCreate":1626636649799,"gmtModify":1663231136129,"authorId":3579215307992883,"author":{"id":3579215307992883,"idStr":"3579215307992883","authorId":3579215307992883,"name":"Yyk93","avatar":"https://static.tigerbbs.com/c88c4fbff03dba565b2431bddbbfb7d2","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173191857,"type":1,"supId":5255722,"prevId":0,"content":"O","text":"O","html":"O"},{"id":5255722,"gmtCreate":1626629024868,"gmtModify":1663231130043,"authorId":3576616245100549,"author":{"id":3576616245100549,"idStr":"3576616245100549","authorId":3576616245100549,"name":"Huatzai","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173191857,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":173105468,"gmtCreate":1626626088054,"gmtModify":1703762448189,"author":{"id":"3546519093286207","authorId":"3546519093286207","name":"cuteypie","avatar":"https://static.tigerbbs.com/324f57345522368552a82de3cf71ed5f","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3546519093286207","authorIdStr":"3546519093286207"},"htmlText":"True&nbsp;","listText":"True&nbsp;","text":"True","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173105468","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5255746,"gmtCreate":1626630152602,"gmtModify":1663231132451,"authorId":3582025777019518,"author":{"id":3582025777019518,"idStr":"3582025777019518","authorId":3582025777019518,"name":"PapaPanda","avatar":"https://static.tigerbbs.com/f345f2877f9219209242633fa26c2e2f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173105468,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":173105009,"gmtCreate":1626625969801,"gmtModify":1703762446572,"author":{"id":"3582627680210298","authorId":"3582627680210298","name":"MT103","avatar":"https://static.tigerbbs.com/0444eb80cd59e967bc90239dbe923661","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582627680210298","authorIdStr":"3582627680210298"},"htmlText":"Hmm need to see financials","listText":"Hmm need to see financials","text":"Hmm need to see financials","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173105009","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173109694,"gmtCreate":1626624759018,"gmtModify":1703762440272,"author":{"id":"3581900934690321","authorId":"3581900934690321","name":"daviswong","avatar":"https://static.tigerbbs.com/71ddc40a5afb0f385ce6c060b653c6cb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581900934690321","authorIdStr":"3581900934690321"},"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173109694","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5255840,"gmtCreate":1626642663407,"gmtModify":1663231135025,"authorId":3555067011639600,"author":{"id":3555067011639600,"idStr":"3555067011639600","authorId":3555067011639600,"name":"TraderJo98","avatar":"https://static.tigerbbs.com/4b2fb6c4a2935a517c3b7b2963f0308e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.49%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173109694,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":173371007,"gmtCreate":1626623268909,"gmtModify":1703762428132,"author":{"id":"3585564713983052","authorId":"3585564713983052","name":"CHUMOI","avatar":"https://community-static.tradeup.com/news/5e17e4971f9806e45bed8f8a545e973e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585564713983052","authorIdStr":"3585564713983052"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173371007","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5255564,"gmtCreate":1626624753028,"gmtModify":1663231134833,"authorId":3581900934690321,"author":{"id":3581900934690321,"idStr":"3581900934690321","authorId":3581900934690321,"name":"daviswong","avatar":"https://static.tigerbbs.com/71ddc40a5afb0f385ce6c060b653c6cb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173371007,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":5255538,"gmtCreate":1626624267271,"gmtModify":1663231129834,"authorId":3581398526699928,"author":{"id":3581398526699928,"idStr":"3581398526699928","authorId":3581398526699928,"name":"RyanShine","avatar":"https://static.tigerbbs.com/ab6ad9c024117b0db0977b900d76b265","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173371007,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":173343064,"gmtCreate":1626621819658,"gmtModify":1703762413749,"author":{"id":"4087650159745720","authorId":"4087650159745720","name":"TerranceMike","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4087650159745720","authorIdStr":"4087650159745720"},"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173343064","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5296840,"gmtCreate":1626969598248,"gmtModify":1663231333947,"authorId":4087650159745720,"author":{"id":4087650159745720,"idStr":"4087650159745720","authorId":4087650159745720,"name":"TerranceMike","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173343064,"type":1,"supId":0,"prevId":0,"content":"<u>thabkbuiu</u>","text":"<u>thabkbuiu</u>","html":"<u>thabkbuiu</u>"},{"id":5834071,"gmtCreate":1631375775825,"gmtModify":1634802202045,"authorId":4087650159745720,"author":{"id":4087650159745720,"idStr":"4087650159745720","authorId":4087650159745720,"name":"TerranceMike","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173343064,"type":1,"supId":0,"prevId":0,"content":"Pls like","text":"Pls like","html":"Pls like"}],"langContent":"EN"},{"id":173349738,"gmtCreate":1626621802624,"gmtModify":1703762413911,"author":{"id":"4087728163353730","authorId":"4087728163353730","name":"GreenMan123","avatar":"https://static.tigerbbs.com/7102402af7cf840858ba718620b4eb3c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4087728163353730","authorIdStr":"4087728163353730"},"htmlText":"Battery industry will see a booming as most of the automotive company has announced stop producing ICE vehicle.... !!!!!","listText":"Battery industry will see a booming as most of the automotive company has announced stop producing ICE vehicle.... !!!!!","text":"Battery industry will see a booming as most of the automotive company has announced stop producing ICE vehicle.... !!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173349738","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173340802,"gmtCreate":1626621614506,"gmtModify":1703762411473,"author":{"id":"4087728163353730","authorId":"4087728163353730","name":"GreenMan123","avatar":"https://static.tigerbbs.com/7102402af7cf840858ba718620b4eb3c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4087728163353730","authorIdStr":"4087728163353730"},"htmlText":"Battery manufacturing amd R&amp;d segment will be booming in the next few years as most of the automotive company has announced stop selling ICE soon.&nbsp;","listText":"Battery manufacturing amd R&amp;d segment will be booming in the next few years as most of the automotive company has announced stop selling ICE soon.&nbsp;","text":"Battery manufacturing amd R&d segment will be booming in the next few years as most of the automotive company has announced stop selling ICE soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173340802","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173354054,"gmtCreate":1626621328578,"gmtModify":1703762407574,"author":{"id":"3584500839740092","authorId":"3584500839740092","name":"Hrithickraja","avatar":"https://static.tigerbbs.com/12b15f8a725e2a9350a2a8db304072de","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3584500839740092","authorIdStr":"3584500839740092"},"htmlText":"You like?","listText":"You like?","text":"You like?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/173354054","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5270784,"gmtCreate":1626767921463,"gmtModify":1663231207938,"authorId":3584500839740092,"author":{"id":3584500839740092,"idStr":"3584500839740092","authorId":3584500839740092,"name":"Hrithickraja","avatar":"https://static.tigerbbs.com/12b15f8a725e2a9350a2a8db304072de","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173354054,"type":1,"supId":5255338,"prevId":0,"content":"<u>thanks</u>","text":"<u>thanks</u>","html":"<u>thanks</u>"},{"id":5255474,"gmtCreate":1626623236922,"gmtModify":1663231134637,"authorId":3585564713983052,"author":{"id":3585564713983052,"idStr":"3585564713983052","authorId":3585564713983052,"name":"CHUMOI","avatar":"https://community-static.tradeup.com/news/5e17e4971f9806e45bed8f8a545e973e","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.26","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173354054,"type":1,"supId":0,"prevId":0,"content":"Otes","text":"Otes","html":"Otes"},{"id":5255338,"gmtCreate":1626621610153,"gmtModify":1663231132843,"authorId":3586451610703869,"author":{"id":3586451610703869,"idStr":"3586451610703869","authorId":3586451610703869,"name":"KH321","avatar":"https://static.tigerbbs.com/c1bb8bd7d6d5df5f9732871fe60999ea","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.75%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173354054,"type":1,"supId":0,"prevId":0,"content":"yes","text":"yes","html":"yes"}],"langContent":"EN"},{"id":173355676,"gmtCreate":1626621281095,"gmtModify":1703762406767,"author":{"id":"3555938823736400","authorId":"3555938823736400","name":"Derlin","avatar":"https://static.tigerbbs.com/c7a371f3d4269b1475b05c66bce026d0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3555938823736400","authorIdStr":"3555938823736400"},"htmlText":"Like my comments ty","listText":"Like my comments ty","text":"Like my comments ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173355676","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5255463,"gmtCreate":1626623104611,"gmtModify":1663231132339,"authorId":3574513740823070,"author":{"id":3574513740823070,"idStr":"3574513740823070","authorId":3574513740823070,"name":"LL1321","avatar":"https://static.tigerbbs.com/3679122c03521bebaa3d9baeccf755d3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173355676,"type":1,"supId":0,"prevId":0,"content":"<u>okay</u>","text":"<u>okay</u>","html":"<u>okay</u>"},{"id":5255604,"gmtCreate":1626625458207,"gmtModify":1663231129726,"authorId":3577963183517164,"author":{"id":3577963183517164,"idStr":"3577963183517164","authorId":3577963183517164,"name":"rosemary2288","avatar":"https://static.tigerbbs.com/f493bd15fd8020f4f92f8b0ea69d57ee","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173355676,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":173359520,"gmtCreate":1626620478060,"gmtModify":1703762399294,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173359520","repostId":2152968147,"repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://ttm.financial/m/news/2152968147?lang=&edition=fundamental","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5255317,"gmtCreate":1626621288111,"gmtModify":1663231133737,"authorId":3555938823736400,"author":{"id":3555938823736400,"idStr":"3555938823736400","authorId":3555938823736400,"name":"Derlin","avatar":"https://static.tigerbbs.com/c7a371f3d4269b1475b05c66bce026d0","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.68%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173359520,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":663,"commentSize":88,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}